The Business Times, 14 January 2004

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 30
1 30 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 024/03/2003 *ji: http:'/business-times.asial com.sg SINGAPORE WEDNESDAY, JANUARY 14. 2004 85C'
    15 words
  • 704 1  -  NUS professor says a further 30,000 would lower unemployment to below 4% By Daalel Bueaas [SINGAPORE] Some 100,000 new jobs must be created this year to keep unemployment constant, and another 30,000 are required to bring the rate down below 4 per
    704 words
  • 549 1  -  His Hong Leong Rank hanking licence in territory From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Quek Leng Chan has re-emerged on the Hong Kong banking scene, after having sold his Dao Heng Bank in the territory to Singapore's DBS
    APPLE DAILY FILE PHOTO  -  549 words
  • 697 1  -  US heavyweight also opens plant for top-end servers By Raju Chellam [SINGAPORE] Singapore's goal of being Asia's prime high-end manufacturing hub got a major boost yesterday when US giant Hew-lett-Packard Company announced that it will spend US$l billion in the next five years
    ONG CHIN  -  697 words
  • 72 1 sn MILN (+19.07) ST MDEX FUTURES l,SBBbOO (+19.00) mm snuisci futures U 225.90 (+1.40) Tuesday Change KLSE (X)MP mm mmmm ihmmh MSJ? HANGSENU ixme *m» SET INDEX T9tn -1.78 JAKARTA <X)MP 743.14 *0.64 MANILA OOBP MM «4il5 TAIPEI WPI UIU2 949 SHXKXMIP #4#.4J 1* SHENZHEN B JHM4 13tt Al'ST
    72 words
  • 79 1 FOREX RATES US$ s$ ISS (S$ per l'S$) 1695 £(VS$/S$ per 1 (*46 3.128 ElTtOflSS/SS/E) 1175 2.161 YEN 106.5 62.90 KM 3800 1242 HKS 7.763 4.580 BAHT J832 2196 RI'PIAH (C$35 4517 RENMINBI 8199 4 896 INDIAN Rl PEE 4540 26.78 AS 1185 0758 NZS 1463 0863 PRIME RATES
    79 words
  • Page 1 Advertisements

  • NEXT page
    • ON THE grapevine
      • 110 2 4 DEPARTMENT store Robinson has apparently been sending golden monkeys to its card holders ahead of Chinese New Year. One Robinson card holder was surprised to receive the figurine, wrapped in pink i and hand-delivered to her door. Inside was a note > from chief executive Peter
        110 words
      • 123 2 WE realise that getting the attention of reporters is kind of difficult sometimes, and that being inventive is the best way to succeed. Still, when one company 1 invited us for dinner with this message —'To celebrate this milestone, the management of Action 1 Asia would like
        123 words
    • 531 2  -  Analysts say buying Adira will boost Temasek-owned bank's consumer loans business From Shoeb Kagda in Jakarta INDONESIA'S Bank Danamon is negotiating to buy one of the largest finance companies in the country, a move industry sources said could transform the
      531 words
    • 743 2  -  Liquidity in the market is high and the quality of listing is good From Jeff Wagner er? Hong Kong IPO fever will continue to grip Hong Kong this year, as more high-quality mainland companies seek Hshare listings. This
      REUTERS  -  743 words
  • Page 2 Advertisements
    • 321 2 ?C^C n,2#o4 Employee Remuneration 3 Reporting Workshop 2004 (Registration begins at 9:OOam) What are the general tax principles and reporting requirements Workshop fee asan employer? $300 (Clients &ey alumni) What are the recent changes in laws that will affect your $350 (Others) reporting as an employer? Includes GST, lunch, refreshments
      321 words
    • 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 10 ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E
      59 words

  • SINGAPORE companies
    • 837 3  -  HOCK lock siew siow li sen IT looks like bank stocks are again very much in vogue this year. Brokerages have been kept busy, too, revising their price targets as the previous marker is breached. Kim Eng, for instance, abandoned its bearish view of United Overseas
      837 words
    • 277 4  -  By Daniel Buenas IPO aspirant Global Active is planning to spread its wings further. With an eye to launching its initial public offering "sometime after Chinese New Year", the retailer and distributor of health and nutritional supplements said it is planning
      277 words
    • 516 4  -  The Mt Emily property most tussle with 110 existing rivals By Kalpana Rashiwala CHOO Meileen's listed Cathay Organisation Holdings (COH) looks set to face stiff competition from the 110 existing budget hotels on the island with their total of about 5,000 rooms as it
      FILE PHOTO  -  516 words
    • 438 4  -  Expansion includes increasing stake in metal recycler Green World By Vince Chong FURNITURE retailer Novena Holdings deputy chairman and chief executive officer Toh Soon Huat has set a turnover target of $500 million for the group over the next five years through strategic
      FILE PHOTO  -  438 words
    • 321 4  -  By Joyce Koh FROM Barbie dolls to Disney toys, mainboard-listed Roly International has moved into distributing premier water for the China market signalling its intention to distribute fastmoving consumer goods (FMCG) in the country. Roly, a supply chain management solutions company,
      321 words
    • 262 9  -  By Vince Chong WEARNES International has, through a wholly owned subsidiary, bought a Hong Kong property for HK$9O million (5519.6 million) amidst a real estate uptick in the territory. The consideration represents about 10 per cent of Wearnes* $193.5 million market capitalisation.
      262 words
    • COMPANYBriefs
      • 100 9 THE Securities Investors Association of Singapore said its application for a financial adviser's licence for Sias Research Pte Ltd has been approved. Sias Research alma to provide up to 250 research reports a year on small and medium-cap stocks. Sias said retail investors will pay
        100 words
      • 108 9 DARCO Water Technologies has lodged a police report in Penang against an employee over suspicion that payroll documents have been falsified and for possible misappropriation of funds belonging to its Malaysian subsidiary, Darco Industrial Water Sdn Bhd. Based on initial investigations by Darco, it
        108 words
      • 69 9 ELECTRONICS retailer Challenger Technologies, which debuts on Seadaq today, said its initial public offer of 32 million new shares at 23 cents apiece was 22.7 times subscribed. Meanwhile, metal stamper CFM Holdings, which will list on Friday, said one Lim Hoe Kok and 2G Capital's
        69 words
      • 61 9 COMMODITIES trading company Noble Group said its grain division has formed an alliance partnership with a Saudi Arabian logistics company. Noble said the move will allow the company to better support medium and small feed mills and dairy and poultry producers in Saudi Arabia, which
        61 words
      • 67 9 CONSTRUCTION group Chip Eng Seng Corporation said its wholly owned subsidiary, Chip Eng Seng Contractors (1968) Pte Ltd, has won a contract worth $39.3 million from the Housing and Development Board (HDB) to upgrade Blocks 225 to 235 at the Toa Payoh Lcrong 8
        67 words
      • 94 9 MECHANICAL and electrical engineering company King Wan Corporation said King Wan Development, a wholly owned subsidiary, subscribed for 250,000 shares, or 25 per cent of Meadows Bright Development. The consideration of $250,000 is funded from internal sources. Meadows Bright is a property developer and
        94 words
    • 332 9  -  Ng Chee Fatt is seventh board member to have resigned since June last year By Kenneth Lim ITS not easy hanging on to a seat at the top especially a board seat at Startech Electronics. Ng Chee Fatt—who resigned as director last week and as chief
      332 words
  • Page 3 Advertisements
    • 232 3 RAYMOND WEIL GENEVE o c /TT2 7"A i Vin f-AVMONC VVE/L T:°v< ft. time to dream f—f cJL M < 1? V—/ < (j 'on y 101'(in n 1 O'ro^r So r-dn.o n c r chronograph -novcn'ot t SOLE AGENT CRYSTAL TIME (S) PTE LTD r... Raymond Weil Showroom Service
      232 words

  • Page 4 Advertisements
    • 744 4 JUKEN JUKEN TECHNOLOGY LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 33 Loyang Way, Singapore *****1 on 30 January 2004 at 9.30 a.m. for the purpose of considering and, if
      744 words
    • 665 4 C. K. TANG LIMITED (Incorporated in the Republic of Singapore) NOTICE OF COURT MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons) Number 1771/2003N In the Matter of C. K. Tang Limited (RC No. *****0Q23H) And In the Matter of Section 210 of the Companies Act. Chapter
      665 words

  • Page 5 Advertisements
    • 985 5 »B GLOBAL CORPORATE FINANCE I GLOBAL MARKETS I GLOBAL EQUITIES I GLOBAL BANKING :l 2003 A great performance for our clients in Asia Pacific 1 ;B Selected transactions in Mergers Acquisitions... 8 ifi Lloyds TSB O Buhrmann Hppwvmucs-- FtfflftlX NEC 3 Mo»rt> TSB Group pic Buhrmann NV HMdwr Building Ltd
      985 words

  • SINGAPORE markets
    • Article, Illustration
      573 6  -  Compiled by VEN SREENIVASAN SPH,JMI3dMkcSI9JO SINGAPORE Press Holdings announced a Ql FYO4 net profit of $83.8 million, up 1.2 per cent year on year and is equal to 28.4 per cent of our fullyear forecast of $317 million, which remains unchanged. Lower associate income from the sale of
      Source: Bloomberg  -  573 words
    • 412 6  -  CHART POINT By Lim Say Boom, K Ajith WHILE the Dow's break through the 10,550-resis-tance last week was spectacular, we have not rushed to pop the champagne. There are reasons to be cautious at these levels for both the Straits Times Index and
      Source; Bloomberg  -  412 words
    • 865 6  -  A longer view CURRENCIES larry wee Although the us dollar was pounded to fresh multi-year lows for the second week in a row witness gold's 15-year high, and the greenback's weakest levels in more than 11 years versus the pound there's a small chance
      865 words
    • 524 6  -  BT comment STOCKS r. sivanithy COVERED warrants, whether already issued or may be about to be issued, played a central role in the market yesterday, helping to fuel a 19.07point last-minute surge in the Straits Times Index to 1,861.56. Virtually all of
      524 words
    • TRADES TO WATCH
      • 101 6 SUPER Coffeemix Manufacturing's substantial shareholder Sam Goi raised his deemed stake in the ma in board-listed company to 8.75 per cent from 8.68 per cent last Friday, buying 312,000 shares for an undisclosed sum. Mr Goi, who owns Tee Yih Jia Food Manufacturing, also
        101 words
      • 65 6 PRECISION plastics company TTL Holdings says its executive director, Sze Man Kuen, sold three million shares last Friday as part of a married deal, paring the substantial shareholder's stake to 13.77 per cent from 15.43 per cent. The shares were sold at 18 cents
        65 words
      • 84 6 THE controlling shareholders of Hong Kongbased toy maker Wah Shing International Holdings have increased their stake in the company, buying a total of 9.7 million shares in the open market through investment vehicle South China Industries (BVI). The shareholders executive chairman Robert Ng, chief executive
        84 words
      • 56 6  -  Compiled by KENNETH LIM UNITED Overseas Land says Wee Wei Ling, daughter of banker Wee Cho Yaw and a director of the company's subsidiary Hotel Plaza, exercised 166,422 warrants, representing 0.175 per cent of the issued share capital, at the end of 2003.
        56 words
    • Article, Illustration
      403 6 OTHER SINGAPORE INDICES Jan 13 VALUE CLOSE IT (mm 485.00 -94.00 TCW -*****.00 74.00 ITlMgMA -*****.00 +48.00 495.23 +4.65 MI>MmD>iI 184.08 +1.45 MlpMwFli 1561.31 +19.49 478.22 +19.98 maapnw 226.47 +2.49 SMSClFatarM 225.90 +1.40 »*PCfc» VotM— Excelpoint 5c 68,762,000 Celestial US6c 66,653,000 MediaRing 10c 59,728,000 HW»5c 50,590,000 Datacraft 10c 46,764,000 Chart
      403 words

  • EXECUTIVE money
    • 698 7  -  Picking an asset class that's seen to fare well matters more than the fond manager yon choose By Genevieve Cua RETURNS of managed funds are not as bad as you may think. Many actually beat the CPF Ordinary Account interest rate, although the track record on
      Source: S&P Fund Services  -  698 words
    • 829 7  -  BT comment YOUR MONEY The fact that individuals who invested in shares themselves lost twice as much than if they had left their money in managed funds presents a strong case genevieve cua THERE is a wealth of hard luck stories of people who lost
      829 words
    • 597 8  -  It's expected to increase 17% this year with Taiwan being the other rising star. Genevieve Cua finds out more from the Mercer survey Genevieve Cua INVESTMENT managers expect Korea to be the best performer among Asian equity markets this year, followed by Taiwan, an
      REUTERS  -  597 words
  • Page 7 Advertisements
    • 206 7 Our name J f J r has changed. mm J* yy *s -r v .7 a m. w We're ECICS Limited. Specialists in Credit Insurance, Bonds, Guarantees. Continuing our commitment to protecting your business. From ECICS Credit Insurance Ltd. and ECICS Credit Guarantee Ltd., we are now ECICS Limited: a
      206 words

  • Page 8 Advertisements
    • 210 8 (P; Give your business idea the space it deserves in B~ JTC's high-rise facilities. Right now, we have space available for light and clean industries in various locations around the island. Here, you can take advantage of the economic upturn to begin your new venture, or expand your existing operations.
      210 words
    • 233 8 vj ™\§fl HfH p5~ jAI )A SH Good Reasons to Exhibit EXPO REAL CHINA 2004 Hear about new developments in majdr cities and regions at an earty stage. Leam how the opening up of the Western Provinces for development will create enormous demands for urban renewal. Hear about the Chinese
      233 words

  • Page 9 Advertisements
    • 191 9 Hold a business meeting or conference A T TWT" on our ro terrace anc experience the J yhf 9Wf J[i| J state-of-the-art meeting facilities in the resort-like sanctuary. Just step out and you will be surrounded by breezy palm trees and water features. R 0 I Meetings will never be
      191 words

  • SINGAPORE news
    • 364 10  -  By Chen Huifen INFOCREDIT D&B Singapore (ICD&B) has introduced an enhanced credit risk index for Singapore companies. The D&B New Credit Risk Index (NCRI), based on a model analysis of about 99,000 businesses in Singapore, was created in 1999. It measures the credit worthiness of a
      364 words
    • 494 10  -  Funds don't favour them as their smaller size hinders tracking SG Asset By Taila Krishnakumar DESPITE the hot market for China IPOs, Singaporelisted China stocks aren't popular picks among fund managers. And having recently launched a China country fund, the deputy chief investment officer
      AFP FILE PHOTO  -  494 words
    • 557 10  -  First price hikes since 1995 to help cover rising costs By Wong Wei Kong MEDIA group Singapore Press Holdings (SPH) will be raising the prices of nine of its newspapers to help cover costs, the first price adjustment since 1995. The price
      557 words
    • 247 11 Group led by Japan's Jafco is pumping in $6.5m SEVERAL venture capitalists, led by Japan-based Jafco group, are investing $6.5 million in a Singapore company called Advanced Network Technology Laboratories (ANTlabs). ANTlabs researches and commercialises wireless and broadband networks enabling technologies, visi-tor-based networking and network
      FILE PHOTO  -  247 words
    • 377 11 THE Workforce Development Agency (WDA) is urging more companies in the textile and garments industry to come forward to collaborate on joint training programmes and help facilitate job matching. At the moment, only six companies have done that, although there are about 156
      377 words
    • 569 11  -  EYE on the economy economy Higher build-up due to effort to keep S$ competitive, say analysts By Siow Li Sen SINGAPORE'S official foreign reserves last year surged 17 per cent to U5596.3 billion double the 8.5 per cent growth in 2002 as the Monetary
      569 words
  • Page 10 Advertisements
    • 111 10 f S v^ *V ~"> V> k x ll I 1 ',i* I t I A T 13 T 13 N. 1 1 111 4' \o\ c HIK l |>l I>OIII U|IU 1 y Si n pi»11 :I' 11 i i n M»O i, Imi> i K i >.u I
      111 words

  • Page 11 Advertisements
    • 72 11 W Q Speak English, Spanish, French, Italian *Q Japanese, Korean, Mandarin, German, Dutch K H Bahasa Indonesian or Portuguese 1 U Enter our lucky draw for a FREE R B JG& <t\£ Group Course! Q H {Abf mjfU Call Berlitz today for 3 mora Information! j Berlitz Language Centre 3
      72 words
    • 66 11 The best things in life are FREE II of Marr.ott Book 2 nights get 1 night free! II j j f j| p Express' Osrcds I o/ormj? >eie<".tior of of*°r c I I I find yourseif I I l use your American Express j% Cird /.her ever you bo ok
      66 words

  • EDITORIAL & opinion
    • 791 12  -  THE bottom line OPINION frank ching t PUNA'S rapid economic development ,J t over the last quarter-century in i particular, the replacement of a planned economy by a market econo- my, the privatisation of state-owned enter- prises, the massive inflow of foreign capital,
      791 words
    • 45 12 'Most companies are saying there's no softening of demand since September. It's rather strange. Impossible, I would say.' Ernesto Santiago executive director of the Semiconductor and Electronics Industries Association in the Philippines, on the quality of statistics flowing from Manila government agencies.
      45 words
    • 599 12 EDITORIAL PLNANCE professionals have not covered themselves with glory in the past year. There is ample evidence that some have sacrificed customer interests to line their own pockets. For proof, consider the following events: ♦Last April, 10 US investment banks agreed to pay US$1.4 billion in
      599 words
    • 904 12  -  Its success isn't guaranteed, being dependent on a long list of political, social and cultural variables, as well as policies adopted by governments By Leon Hadar THE bursting of the dotcom bubble and the ensuing stockmarket blues; 9/11 and the war on terrorism; the anti-immigration
      AFP  -  904 words
    • 430 12  -  COMMENTARY A consistent pattern of White House dishonesty is coming to light By Paul Krugman NYT PEOPLE are saying terrible things about George W Bush. They say that his officials weren't sincere about pledges to balance the budget. They say that planning for an invasion of Iraq
      NYT  -  430 words
  • Page 12 Miscellaneous
    • 310 12 CRYPTIC CROSSWORD 1 One who enjoys stocktaking 8 Ambulatory to be found in S. 9 Kitchen item marketed by bakery directors (10) Pegs about to be installed in mines (6) iPinff ii~" 12 Runs in the wash (7) 3 j I I I I I 15 Liqueur that legions pro-
      310 words

  • REGIONAL news
    • 453 13  -  At present, the peg provides stability for productivity, says PM From Diana Oon Abdullah in Kuala Lumpur MALAYSIA has no immediate plan to adjust its currency peg against the US dollar because the "present situation does not warrant it", Prime Minister Abdullah Badawi said yesterday. "We
      453 words
    • 428 13  -  Gob-Abdullah meet did not prompt 'go-slow' order From Eddie Toh in Kuala Lumpur CONSTRUCTION work on a crooked half-bridge to link Malaysia and Singapore is in full swing but the developer is waiting for any directive to stop work and redraw the blueprint amid
      428 words
    • 226 13 Reuters [BANGKOK] Accelerating economic growth in Asia is arousing interest in property deals, with Bangkok, Hong Kong, New Delhi and Bombay likely to be the hottest cities this year, a survey by consultants Jones Lang Lasalle showed. An "investment sentiment survey" of developers, property funds
      Reuters  -  226 words
    • 547 14 BEIJING Booming investment, production help spur increases Bloomberg Reuters CHINA'S economy grew 8.5 per cent in 2003, its fastest pace in six years, as compa nies expanded factories to meet rising consumer demand and surging overseas orders. Gross domestic product had
      Bloomberg; Reuters; REUTERS  -  547 words
    • 254 14 HONG KONG/LONDON The money raised could be used for possible buybacks analyst Reuters BRITAIN'S BP pic, the world's third largest oil group, sold its 2 per cent stake in China's biggest oil firm PetroChina on Monday, netting around
      Reuters  -  254 words
  • 2768 13 UNIT TRUSTS FUNDS Com Global mfcitec lnde» Ed!" OJ89/ Cam Global Enemy Indtt Fd 1 02 V Com Global Tr»tfhde*Fd 082* mm ap is pore) <-<•« Soon- «<»«< h*«f/ A 1 nmi Star Europe Eqty 1 1772/ SOr Eirae Bond 1304/ Cw* Africbh 0—IMH S>w» LM Sor I am WoumfcVto>".riL
    2,768 words
  • Page 13 Advertisements
    • 163 13 NANYANG More than a sound curriculum j it's a fusion of creative and pragmatic business thinking Av I IK Our acent and innovative curnculun": developed by n faculty will place vou at the frontier of "V '"ISfck ut: n\; ..-dgo bus ness knowledge Von can elect tv. do ll MBA
      163 words

  • Article, Illustration
    1021 14 Transaction date: Jan 13 HITHRBAlfM CROSS EATBS A$ C$ >■> fan IKS Itato NpMi Tw Ww K MZI Nfc»» Hm S$ tata Mr WT$ ta* Pmmi US$ tartrate 0.992 (.456 OilO 6.039 35.319 64.846 0.829 9.176 2.956 L138 44.697 43.1M UI9 5.380 0.954 26.229 30.282 0.422 0.778 CM* LOO#
    1,021 words
  • 1421 14 aiXMinmjMg Jani3 HJOKK FMni (Qttimrictt) HBIiScMhAO Close VoImm OpM |Mft —fc U» S«H (to—M) toterert Fa»84 ***** Mar 04 ***** dm 94 218.00 ${*04 219.00 wlM 219.75 «M/5afM ***** «S10ltCMli/hD V*M OpM SmMi M|b L«r Sett (tanes) Maml #*04 ***** 124.50 ***** 500 1200 liar 04 ***** 125.50 125.50
    1,421 words

  • REGIONAL world
    • 473 15 GENEVA Last year's total was only US$653b; good prospects seen for entire Asia-Pac in 2004 Reuters GLOBAL flows of foreign direct investment (FDD remained in a trough last year at under half the record total of US$l.4 trillion set in 2000, the
      Reuters  -  473 words
    • 327 15 LONDON Bloomberg A PARIS court's ruling that Morgan Stanley's research on LVMH Moet Hennessy Louis Vuitton SA was biased, may push European regulators to adopt restrictions on equity analysts that are similar to those imposed in the US. "The general
      Bloomberg  -  327 words
    • 387 15  -  US$200m facility a model for ADB intervention in Asian markets From Anthony Rowley in Tokyo THE Asian Development Bank yesterday announced a new financing facility aimed at increasing the capacity of the Philippine banking system to make long-term loans to key economic
      387 words
  • Page 15 Advertisements
    • 585 15 I What are your reporting obligations as an employer? What must be reported as employees' remuneration? How are stock options and share awards reported? What are the changes in CPF rules affecting your employees? What is "NOR" and how does it affect you and your employees? it» «u<Cnopwv ftmu»aH>m«iCoopmiria»t>#ie ntmqi
      585 words

  • 4309 16 Transaction date: Jan 13 V HONG KONG M HKExchanges*Clearing .19.05 -0.10 5906 HM W- 000 HWWl-lL -2* 003 ***** HKandChmaGas 1205 0.35 ***** Aeon Credit 3.10 unch 0 Hong Kong Electric 31.00 010 4059 Aeon Stores 5.40 005 30 Hongkong Chinese 1.07 4 02 3642 Alpha General 037
    4,309 words
  • 2245 16 Transaction date: Jan 13 KUALA LUMPUR 2=!3gf AS SS f M W- r«m General Soil 1-26 unth 0 Gentmg 1800 unch 740 A 6 M Realty 160 undi 237 GeCTgeKeX .1.17 -0.01 98 iki 092 mh o Gtobetroma Tech 7.10 -020 280 SWfcMi -002 65 GlomacBhd -2* -0.08 168
    2,245 words
  • 801 16 Transaction date: Jan 13 »<■■» i ow a—>§ 9»*—» 5L_52!_— Mm 50c 042 1230 *0500 MM 90c 037 2200 *0010 CaprtaLand 125 1750 *0.120 ocac OS7 12.700 *0200 Otarl ScmCond 2fc 151 1500 ~00t0 out 0* 7080 City D«v 50c 2 30 6550 *0 300 Parttwa* H 25c 0*
    801 words
  • 599 16 BONDS WARRANTS Tal UM Ml Cmm Eam *5* Cav'Sk* a* cmmm m» *m- r*m w» >t mi 3694 AST1W*****1 44 i**h 2070 1 16 -6 144 S 107 AcmaUdW*****6 OS uneh 1210 1 50 405 2000 10 MB An»ekW*****0 121 9 1 33 127 17 MOB Armstrong W*****0 55 unctl
    599 words
  • Page 16 Advertisements

  • WORLD news
    • 484 17  -  Trade chief to visit India, Indonesia following US call to revive stalled talks From Sheda Lulam in Brussels SEEKING to inject momentum into this week's surprise US bid to revive stalled world trade talks, the European Union said yesterday that it
      484 words
    • 379 17 LATEST US DATA Bloomberg Reuters [WASHINGTON] Prices of goods imported to the United States rose 0.2 per cent in December, a third straight increase, reflecting the US dollar's decline and a jump in costs of petroleum and natural gas, government figures showed. Last month's
      Bloomberg; Reuters  -  379 words
    • 170 17 NEW YORK Reuters PARMALAT misled financial markets about the interest rate it was paying on a 300 million euro (Ss64B million) bond last year, the Wall Street Journal reported yesterday. Citing a transcript from a Dec 30 interrogation, the paper said the company's jailed
      Reuters  -  170 words
    • WORLDWatch
      • 69 17 AFP [SYDNEY] Shares in Australia s biggest lender, National Australia Bank Ltd (NAB), plunged 1.5 per cent here yesterday after it suspended four foreign exchange options traders over rogue deals that could cost it AIIBO million (*****.2 million). NAB said it expects to sustain
        AFP  -  69 words
      • 63 17 AFP [BLUING] Chinese football sensation Dong Fangzhou has joined Manchester United in a deal worth £3.5 million (5110.9 million), his club's general manager Lin Lefeng said yesterday. "The contract was signed last Saturday here in Dalian," the Dalian Shide manager said. 'The price
        AFP  -  63 words
      • 70 17 NYT [NEW YORK] The Securities and Exchange Commission (SEC) may file civil charges against software giant Computer Associates (CA) for violating securities laws by booking sales before contracts were signed, the company said on Monday. For the last two years, federal prosecutors and SEC
        NYT  -  70 words
    • 375 17 NEW YORK Role also covering spouse, dependants toughest in industry NYT CNBC, the business-orient-ed cable network owned by General Electric, laid down new restrictions on Monday on the trading of stocks and bonds by its employees and their immediate relatives. Taking one of the
      NYT  -  375 words
    • 404 18 He has already donated millions to groups opposing the president AFP Bloomberg [WASHINGTON] Billionaire George Soros said on Monday he is ready to spend more of his fortune on trying to get US President George W Bush voted out of office
      AFP; Bloomberg  -  404 words
  • Page 17 Advertisements
    • 86 17 Where to wine, dine and entertain... "~t jj^| I w ■■k SUCKLING PIG OR ABALONE usual price $88 wMi minimum order of $298++ Mt menu iMMB Spring Court 488 Upper East Coast Road Singapore *****0. Tel: 6449 5030/6 C«f< Iguana (6236 1275)„. Enjoy one FREE main course with any 2
      86 words
    • 112 17 /Special Lunch MenuVJ $5.80 Nett Per Item > With FR£E Choice ot One Coffee/le a/Soft Drinks or Chin Chow Oyako Don (Chicken Egg with Rice) Penang Fried Kway Teow Slice Fish Hor Fun Hainanese Mutton Stew Sautled Chicken with Chinese Sausage It's Ttge? Time All Day Mog@S4.oo nett each Juf
      112 words
    • 130 17 IfcMt youreelf to our back by popular demand Asian Buffet and Indulge In aome all-time favourite delicacies Lafcaa, Mao Wabua, Spicy Tom Yam Soup, Blue Crab in Yellow Curry, Braiaad Pork Lag and our avar ecyumpOouo Boeotod Meet at only S18.80» 11 Coleman's Aeien Lund) Buffet comoo wttti free flow
      130 words
    • 1201 17 TT POOD JUNCTION NOTICE OF FOURTH ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Food Junction Holdings Limited ("the Company") will be held at Orchid Room, Level 2, River View Hotel Singapore, 362 Havelock Road. Singapore *****9 on 20 February 2004 at 10.00 am. tor
      1,201 words
    • 56 17 1 MERITUS MANDARIN SINGAPORE I YANGZHOU "BA GUAI" CUISINE 6-15 January 2004 Lunch 12.00 noon to 2.30 pm (Mon Sat) 11.30 am to 2.30 pm (Sun Public Holiday) Dinner 6.30 to 10.30 pm (Daily) IfflQ] Reservations; 6831 6262/66 Chinese RESTAURANT MEATUS MANDAtIN tlul 333 Orchard Road, Singapore *****7. Tel: >65
      56 words

  • 6359 18 Transaction date: Jan 13 JHfk M Last Vol tay IMQaM GfOto 0k> GrTW MM MCaa WiwMi c»—> m> w- rm> u» rnnm utm cw wi u* 69 5 39 5 5834 A Some 51.5 -0-5 1112 53.5 51.5 51.5 52 171 1453 I 5300 ABNAmroNLG 56c 9 12
    6,359 words
  • 70 18 JM* M LM Val Day l-ll>nH CfOM Mr CrtU MM HUa M0| l*» Cadi C ■■>«■> Ida *t- fit Imm 8aya> Sdht Cm Wt 8780 ?000 6065 Oumondl US2060 2000 ***** 6095 BDJUSTadt US3740 6097 IS MSCI Sport US555 H01 ISS4PSOO USB270 *50 96S0 6170 SPOKS ...US9C50 1K1
    70 words
  • 1893 18 524* M Lai M My U«Q—i 0fW» DM CAM MM MCm ■»U»(Mt Cufi SMe W- PMM I—I Uar Mg» Mr Cw K U X 75 5000 ABRHIdgsSc 18 -15 86 18.5 18 115 1*5 R7 42 125 2101 APCMSc 32 *05 186 32 315 315 33 21 N2.6
    1,893 words
  • 335 18 SM* M LM V«f Day kaat Qaota Grf»v 0t« CfTM MM MG» «»mMi C—pm, W- cm* f N» Mhr Cw m ft IB 94 MOO AVJemngs A25c A189 *2 117 189 189 189 190 40 84 53 12 «J 6001 CMh*yPac20c MK720 265 2.1 74 6 *****J 6002
    335 words
  • Page 18 Advertisements
    • 44 18 JtSSfi jludemars Piguet Le maitre de I'horlogerie depuis 1875 /Va I Regional Agent, Showroom Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. THE HOUR GLASS y 501 Orchard Road 003-10/11 Wheelock Place Singapore *****0. Tel: 6238 6678 Fax: 6238 6676. IIVAJ^V*JW internet: http://www.audemarspiguet.com Scotts Raffles
      44 words

  • BT motoring
    • 833 19  -  The Civic is the company's best selling model, but others like the Odyssey also chalked up impressive figures, reports Samuel Ee Samuel Ee KAH Motor grew its market share in 2003 by selling 30 per cent more Honda cars than the year before and plans
      833 words
    • 304 19  -  By Samuel Ee KAH Motor has managed to accommodate growing sales because of its unique and efficient delivery operations. The Mandai PDI or predelivery inspection centre prepares each new car for delivery by handling everything from corrosion protection to fitting of leather
      ARTHUR LEE  -  304 words
  • Page 19 Advertisements
    • 65 19 The all new Chevrolet Lurnina. Big on space. Big on performance. Big on value. m From 5i29.988 "'TEST DRIVE ME NOW! §0&gf: The (hev\ Lunnna is aU set to redefine driving pleasure Get readv to be thrilled bv the proven ECOTEi 3 5 I'tc V 6 engine Powerful performance excellent
      65 words

  • Page 20 Advertisements
    • 188 20 A a E2-Capital i iiin—^m^mm—m~ptpi rnaa /at**A^F^ai^M Ir- 9 v it *pni I ■KS^ wi^HNH KbL fea, JBEfcSfr > rjwr j^B We are principally engaged in the provision of a wide range of capital market advisory and other related services. Our primary focus is to assist domestic and foreign incorporated
      188 words

  • SHIPPING TIMES
    • 259 21 Reuters THE Baltic Dry Index rose 210 points to 5256, the Baltic Capesize Index rose 383 points to 7732, »the Baltic Panamax Index rose 223 points to 5084 and the Baltic Handymax Index rose J 214 points to *****. »nwCUi'lSli *Snowdon Transfield relet (built 1999) *****9 dwt delivery
      Reuters  -  259 words
    • 245 21 S6X '000 lm\3 g W- W CMOfWm 0J6 mh 1320 Oman Hup 0.48 unch 755 Conobwatmant 0.66 Q.01 3350 CWTDUribtittan 0.57 0.02 16 EnHhte 1.12 aoi 259 FretattUnfcs ai3 -0.01 3581 GSBoMngi 0.71 unch 25 jMHakfngs 0.87 0.04 1613 kfWikn 0-22 unch 1360 KappalCarp 6.60 0.15 1221 UinilMrtw
      245 words
    • 697 21  -  Be vigilant against pirate attacks, armed robbery: MPA circular By Beth Jinks [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) has advised harbour craft in and near Singapore waters to step up security surveillance and prepare anti-pira-cy plans to combat attacks. A
      FILE PHOTO  -  697 words
    • 750 21 Worldwide capacity to increase 8% this year Bloomberg [NEW YORK] Carnival Corp's chief executive officer Micky Arison had planned to spend six days crossing the Atlantic later this year aboard the biggest ocean liner ever, the company's US$7BO million Queen Mary 2. Then someone
      Bloomberg; REUTERS  -  750 words
    • 230 21  -  By Beth Jinks [SINGAPORE] Hong Kong port operator Hutchison Ports Holdings' (HPH) two Jakarta container terminals have reportedly again come under fire for monopolistic practices this time levelled by the Indonesian Chamber of Commerce. The chamber has accused HPH's joint ventures, Jakarta
      230 words
    • 259 21  -  From Aleo Almaran in Manila PLAYERS in the Philippine domestic shipping trade have opposed a proposal to drop laws that prevent foreign carriers from competing with them. The Philippine Interisland Shipping Association (Pisa) warned in a position paper that local shipowners could
      259 words
    • 680 22  -  STRAIT TALK By David Hughes ON Christmas Day last year the tug Profit No 8 was towing the barge Sumber Jaya 8 from Jambi to Singapore. It was about 15 miles off Muara Sabak, when 15 armed men hijacked the vessel and its
      AFP  -  680 words
    • 197 22 PAGE Alianca 5 Austral Al 5 Avant 6 Bank Line 4 B'tang Mas 5 BSA 4 BSC 6 BTL 6 Cargoways 6 CMACGM 3 COSCO 3 China Shpg 5 Confer 6 Crocodile Line ....4 CWT Globelink ...4 Delmas 4 Dongnama 3 EP Carriers 6 ECL 3 EngLee
      197 words
    • 12481 27 thebusinesstimes EXPORT ETA ETA Adwttur VmmI Voyeqe Telephone ETA ETA Advertl«er v Vovaqe Telephone SIN Dttfn Name Name Number Number SIN De*fn Nam* Name Number Number S1|8&8S!$SW'&*}-'58 X 8S8 < 88 8S 8 8 SMI > 8 61 <t 4 lb CALLAO (CLL) 2064 Poru ABIDJAN (ABJ) 2003
      12,481 words
    • SHIPS IN PORT
      • 585 29 v«s—l Voy No Bfth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL ADVANCE PESC 8TL J7/8 A/SIDE 14/01 2200 BAYSWATER118 E4020 J3 A/SIDE 14/01 0200 CITRA LINE JB4103 J11 A/SIDE 14A)1 0300 KALTIM EXP 2413E J15 A/SIDE 14/01 0600 MARCOPOLO103 01/04J J13 A/SIDE 14/01 0630 MLC 3301 MLC0401 J4 A/SIDE 14/01
        585 words
      • 1611 29 CONTAINERS TERMINAL AND VESSEL SCHEDULES Vessel Out In Mi Berthing Un- Berth Name Voy Voy seq berthing Nmbr At FABAWPi C277W C277W 1 1701/2004-1500 1801/*****300 At MUTAMABBI C269E C269E 1 1701/2004-1800 1MH/*****B00 ALAMJAYA 2 8878N 8878N 1 17/01 /*****5.00 1701/2004-1100 MEN YA1017 YA1D17 1 1601/*****700 1701/*****700 AHOA 4011
        1,611 words
      • 157 29 Jan 19 United States: Martin Luthet 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. Indonesia: Chinese New Year. Thailand: Chinese New Year. Jan 23 China:
        157 words
      • 757 29 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
        757 words
      • 535 29 CwtM jm Otnirty Wit#r Bwsidut AshAkMiMvii S#divn9fit %M/H Kum M/Wl Vft »M/M MA* mt TO* ISO/Ciimc limits Spec E25 991 10 tt!o (Tio 80 o!» SUt 635 991 10 18.0 0.15 80 0.10 Northern Europe 180 Ave 980.4 0.1 M 0.04 20 0.02 180 Mai 990.1
        535 words
    • AIR & LAND transport
      • 568 30 FLIGHT SECURITY Security measures complicating booking could hurt booming Net trade Reuters [LONDON] Maddening airport check-in delays triggered by security concerns could soon hit online travel reservations as analysts predict a crackdown on Internet air bookings. Changes are already under way
        Reuters; AP  -  568 words
      • 493 30 Reuters [HONG KONG] Hong Kong's main carrier Cathay Pacific Airways said on Monday that the number of passengers it carried declined 18.4 per cent in Sarshit 2003. The airline said in a statement that the number of flights fell 7.4
        Reuters; FILE PHOTO  -  493 words
      • LOGBook
        • 54 30 AFP {JAKARTA] Garuda Indonesia said yesterday it will reopen flights between Jakarta and Beijing later this week after they were halted for more than six years. The new direct link will be served by an Airbus A 330 three times every week starting on Sunday, a
          AFP  -  54 words
        • 77 30 Bloomberg (LONDON] BAA, the world's largest airport operator, said its UK airports had their busiest-ever December and ftill year, helped by demand for lower-cost air fares and flights around Europe. The passenger count at the company's seven UK airports rose 6.2 per cent last month
          Bloomberg  -  77 words
      • 277 30 Carrier drawing up rules on how they will be deployed Bloomberg [LONDON] British Airways chief executive Rod Eddington said armed police officers may help increase security on some flights following concerns about terrorist attacks on aircraft. "In the current climate an armed
        Bloomberg  -  277 words
      • 402 30 But airline will do so only if certain conditions are met Reuters [AMSTERDAM] Dutch carrier KLM, Europe's fourthlargest airline, said on Monday it was willing to put air marshals on some of its flights under certain conditions. KLM, which is awaiting
        Reuters  -  402 words
      • 1977 30 cm rutwT n* Futwr rro MNt 8*7181 1840 IK9770 2255 555 55 55 8 mm ore MO sou* tm mm smb moo soot mo uwtti *55 km im ten im mm wm tm mm m mtmm 6*975 ouo uin 2330 mm a« am am tm *U17
        1,977 words
  • Page 21 Advertisements
    • 14 21 AVIATION Not bookings could bo n«xt casualty BA, KLM In favour of ilf nmthah
      14 words
    • 72 21 Please be informed that the below mentioned person is no longer in the employment of GS MARINE AGENCIES PTE LTD. Name ISIDRO G. HAYAGAN (Capt Hayagan) Passport Number: HH*****1 E/P Fin Number G*****85M He is therefore not authorized to transact any business or collect any monies or accounts on our
      72 words

  • Page 22 Advertisements
    • 800 22 I TOUSAKANADA ~1 I EXPORT 1 1 OTHER DESTINATIONS I VB» |VOT fK ■< mntAiufUMOCMi nomumsouiNMnw mo ivoi 14/01 30/01 ovw 04/07 m «,m am j|| vSS vot eta sm kg fk m sr® m am PIO NSHIOTD HMUXM 3SHM 70/01 Ml I OMJ2 lft/07 IID2 11/02 11/W 14/92 MMta
      800 words
    • 412 22 1«W» ««vk* NpNMfcd by tM >. n£m» .X Singgpof Shipping Asiooqhon UIY UW MALI /vissa VOY Ett ETA Ett A P.kun6 mm am MoldCorrif 744 26/01 20/01 04/02 Princßts Lity 0104 30/01 01/02 09/02 Maid Star 545 06/02 10/02 19/02 ULY MARINE SSRVKSS Ffl LTD 1 NOKIH MBOi KMD, #31-10,
      412 words

  • Page 23 Advertisements
    • 1024 23 TOEUtOK FtOM EUROPE vcsa Ivor mi «t wmmmhmiwvsou ta \\wa. vmmmmmmm mi tfIHOMKM IWW 15/11 04/02 M/88/OJ tfl—«■ 1M •30/12 21/12 23£2 14/01 SSSU BIN fit: 85 8885 USST" iri—wmimT lawra/n 12/02 is/b \m ii/b llmomo |n* 00/w io/oioo/»i 20/01 TO AUSTtAIiA A TASMANIA FROM AUSTRALIA TASMANIA "fag**. 2KZSS 88
      1,024 words
    • 1784 23 A fl coffimiiijimcin NITIVI IV tOW WMBWC ttUWOfT II in■ S»VA/UII10«A(R*) fINIUF PM m l »<-«—■ -3™ gg»/« PAPHTI (ttMTQ knots oma awnww mtosiso imnat I I conMaaaß wsw— whjMgga WULW-Uniit w/vot s? m sn m i tu uoi MoumoM tsi/vot tt* «o ok mi jqj kin sha hk om
      1,784 words

  • Page 24 Advertisements
    • 773 24 end mi AO nou—wnnnw* tatrr** paxj mmum i-mamj UELIVIMv nnniiMiiTiiMiwinffMTinini nmiiT nun nmurr mm mm »—ymmT VtSSa [VOT SB KUMONIUMMDA POMTI NOW MMM UMKVUIIAMOJAN TUU LOtt ITMCANICOTONOV I WH DOIUU KNM 4iow ly/oi gyp? 04/02 is/w 13/w w/w n/w ivw ivw is/w n/w |w/w UN— M9HMI 01/W H/W a/W H/W
      773 words
    • 1271 24 WAN HAJ INTBtNATIONAi. FT! LTD aniwS W\WAN HAI LINES I«. M IMtMIMI WEM ZIkMCO MLL NSMN I Y JCMK:|VIBI«raiU:IV»imi U M: VI! ownuint) OtZ7U/ D?IM wwwwMfctTtf-i| ■ftn»»Knimwftmwnw UTwt w3i NS TtTIV M' r JCTT" pin *2 98 [}J H a M ll M M nm Iwnnii] n* imi jjj Ml
      1,271 words
    • 362 24 BSA il! MYANMA PQ[ FIVE STAR UNE (Hrwmm NcftMd Um) UdhffwYatM rasa vor sn na m rw MTA-A* 115W St* NBM raw U M MAUTSU: BOHSTIAD SMPfIM ABBKXS ML (MHtmi HL 03-317*4101 Rft H-MIMtl ACCIPTIit COiVEITIOWAI CM vtssa vor we sa m n rik HOMtKSCADOKS 1 SLO SLD SU) bcomunob
      362 words

  • Page 25 Advertisements
    • 786 25 rata. V6V gg I hK* UN Iha I fax* Idm* MK HA POVMATOC PCUOIS SWP ***** 11/01 IS/01 20/01 31/01 16/01 St/ 01 CAM mO KLSOI9 KV SKIP 11/01 1«/01 17/01 M/ 01 02/02 04/02 MAN SATTARI PCL6OIO SKf SKIP 23/01 24/01 02/02 02/02 00/02 10/02 SIA NAVKMIOR PCLBO2I SKIP
      786 words
    • 559 25 UK CONTINENT SERVICE U*dhlQ tar ASiRAT RTM/ATW/BMN/UK/NAN Loads anaKxn, E/W. MaMyaß. Indonaa* MIDDLE-EAST SERVKE Loafing tor GRAIN TRADER JDH/AQA VTC STAR DBVABU/DOH/BRN/DMM/KWT Toad* Singapore, E7W Mtfayw. InboneM USA SERVICE LoadMffar AVE NT (CUM CAM/NFK/SAV/NOL MALUKA NAREE VCW/LAX/V2L AUTOBULK CAM/NFK/SAV/NOL Toads E-/W. MMayMa. mdonaata F.E./S.E.A. SERVICES S'pora Loadngtor FREYA INC/BSN Toads
      559 words
    • 847 25 Jme m ai m— *t $8Z tig m sr- Kffi, 18=zflt:dt3tz vm— —ffl —Mr- aa, a —ggK-sffl-HfMn inn M/OI 21/ pi ■H^^HvvfnvnnTVTmHHH —ffl —m —saf- -ffigi b.l 1 ail 1 aai Im 11 iai a I sii I iai I m n/n urn .i.»s isa i m j y5 lam
      847 words

  • Page 26 Advertisements
    • 441 26 imiHlTwaimst ism 17-11/01 14-25/01 H|h|Hlm| TIG 9 SHAJtIt IS2N 20-21/01 212V01 03-04/01 ■LMLlßnoasrr issm 24-25/01 21 -30/01 os oo 0? 1540 27-21/01 0344/02 Of 10/02 I ■ffliMlKamK 501 15-14/D1 22-24/01 01-02/02 I NO 20-21/01 2S-30/01 07-06/02 I LHOTS£ 593 13-14/01 11-20/1)1 27 21/01 I ■f IHlUfnea pooa 002 imi/oi 2224/01
      441 words
    • 709 26 FREIGHT LINKS EXPRESS PTJ^LT^ 51 Penjuru Road, 3 Level, -r \Y JT m La P Freight Linb Express Logisticentre, Singapore *****3 dp%j|R4^Hß Tel: *****511 Fax *****577 E-mail: flesin@singnet.com.sg LCL SIR VIC ITO JAPAN/INDONISIA/PHIUPPINIS/CANADA OSAKA KOM JAKARTA VANCOUViR P YOKOHAMA NAOOYA CSRU TORONTO P TOKYO SURABAYA MANILA •M ON TRIAL Booking
      709 words
    • 969 26 \/ik IPDZl PDZ LINES TS3S I SMGAFOtL TONC XX) SNVtWC FTI LTD baft I—moms \<m Ih/ii U/ii Iqsbm mi vn\ »/n *<—m *m »/»i »/>i iiiii— lowlier vm I I—um\ |«m|n/i) |*/ii mm mi n/n m/m s-emumm mi a/»i am m\ 2s/ii"l k—ss |«m|ii/ii [ii/ti \msm |«m u/w u/w |i«m—
      969 words
    • 217 26 7rofi!s«M LCL FCL CONSOLIDATION wttfi Arrivd* lo ihi Anguilta Granada Si Barihs Si. Vincent Antique Guatemala St. Croix Tortolo n_ I i-1.i0f4.n-M Ci T-'-'J-J oonomos Honduras of. Kim innooo Costa Rico Nicoraguoa St. Lucio Turis Caicos Dominica Panama St. Moortm Venezuela El Salvador Dominican Ropubbc St. THomas BRKAKftUiX A CONVENTIONAL
      217 words

  • Page 27 Advertisements
    • 31 27 New Zealand's only multipurpose shipping company is now offering weekly sailings to New Zealand ports for both container breakbulk requirements. Turn to Page 5 of Shipping Times for more details V
      31 words


  • Page 29 Miscellaneous
    • 161 29 FOR 7AM 14 Jan 2004 wjßßßllliM t £tm Ajf r li _^r ,jg£. jßp *> /M e? T •^-^^g7 Q ggr At 1 v mFmIX V it*— ft wA NO* X. #N5« H. m j S. X rr «^4L3,^W*i^rTT^^ ~~Tfr'^*ggaJ*' *<> i rij V' HH r-« BHBB M—l HH Issued
      161 words