The Business Times, 6 December 2004

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Total Pages: 34
1 34 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES Monday December 6,2004 SINGAPORE'S?; http://business-times.asia 1 .com.sg MICA (P) 023/03/2004
    13 words
  • Article, Illustration
    Lock icon Economists explain uneven spread of S'pore's growth
    944 1  -  Unrealistic expectations lead to perceptions of slower growth than official numbers suggest, they say By KENNETH LIM (SINGAPORE! Perceptions that Singapore's gross domestic product has not grown as much as official numbers may be due to unrealistic expectations, economists say. At the same
    Source: Singapore Department of Statistics  -  944 words
  • Article
    Lock icon MARKETS DIGEST
    64 1 MARKETS Week Chge STI 2061.58 ..._.+33.15 KLSECOMP 917.17 +8.39 NIKKEI 225 *****.89 ....+241.14 HANG SENG *****.84 ....+316.81 SET INDEX 663.84 +15.09 JAKARTA COMP 981.41 —+16.19 MANILA COMP ....1816.99 +2.89 TAIPEI TAIEX 5893.27....+114.62 SEOUL COMP 882.55 +24.43 SHENZHEN B .240.31 -0.63 AUST ALL ORD 3951.40 +28.50 DOW JONES *****.21
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  • Article
    Lock icon CONTENTS
    30 1 TOP STORIES ...PG 2,3 MARKETS PG4.10 COMPANIES... PG 6,7 ECONOMY PG 14 M'SIA/INDON.. PGIS CHINA/INDIA ...PG 16 AVIATION PG 19 SHIPPING PG 20 STOCKS PG 22-23 BIZIT PG 29-34
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  • Article
    Lock icon CAO's woes help case for oil futures exchange
    435 1  -  TROUBLE AT CAO By RONNIE LIM [SINGAPORE] China Aviation Oil's derivative trading woes will strengthen the case for an oil futures exchange that the Singapore Exchange (SGX) and the New York Mercantile Exchange (Nymex) plan to establish here, industry officials say. Such
    435 words
  • Page 1 Advertisements
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  • TOP STORIES
    • Article, Illustration
      Lock icon PAP lining up strong team for next polls: PM
      672 2  -  By CHEN HUIFEN [SINGAPORE] Even as the ruling People's Action Party celebrates 50 years of success, it is preparing for the next lap in its future, with a strong team in the pipeline to contest the next elections. This was revealed
      JOYCE FANG/ST  -  672 words
    • Article
      Lock icon Falling oil keeps Wall St happy despite jobs report
      634 2  -  WALL STREET INSIGHT Positives likely to outweigh negatives at least till year-end By ANDREW MARKS in New York WITH oil prices closer to US$4O than US$5O and other positive economic and corporate news, many Wall Street analysts are betting that good
      634 words
    • Article
      Lock icon THREE-MINUTE DIGEST
      618 2 Liang Huat chairman/MD fined over disclosure errors THE chairman and managing director of beleaguered Liang Huat Aluminium, Tan Yong Kee, has been fined $180,000 for failing to meet disclosure requirements, the company said over the weekend. The mainboard-listed aluminium and glass manufacturer said in October that Mr Tan
      618 words
    • Article, Illustration
      Lock icon S'pore banks offer higher rates to retain depositors
      513 3  -  Short-term fixed deposit interest rates as much as twice normal rates By SIOW LI SEN (SINGAPORE] Never mind that local banks are flush with deposits. Competition and the need to retain customers are leading them to offer "hit-and-run" fixed deposit promotions bearing
      513 words
  • Page 2 Advertisements
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      395 2 pjjj The Only Australian MBA, PhD Y and DBA Programs in Singapore South Australia Accredited by EQUIS IGSM MBA provides me with an pMJBL excellent blend of business skills and competencies to effectively manage the EW complexities of today's demanding hospitality business. The subjects are we balanced ar, d relevant.
      395 words
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      22 2 SCORE CARD Let your investors know by advertising your financial results in our newspapers. Call 1800 289 8822 or email notices@sph.com.sg. Notices
      22 words
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      59 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simonne Toh T: +65 6535 3382 F: +65 6535 3991 E:
      59 words
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  • Page 3 Advertisements
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      413 3 Promotions valid for all branches and till 12 Dec 04 (Ahad) 'Ttal size Local celebrities declare '//V/#//'// "BEIJING 101 kMMmU isthe most effective" "Beijing 101 herbal If** l WmL- V Beijing P lolisthe' Edmund Chen kmtKUm hair consultant M«diaCon> Artist* A satisfied Baijing 101 client VOU Can tlTlSt. MediaCorp Artiste
      413 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Mixed outlook with slight positive bias
      684 4  -  STOCKS TEH HOOI LING Senior Correspondent DECLINING oil prices, good US economic numbers and an upgrade by chip major Intel in its revenue guidance helped propelled the Straits Times Index to its highest level in more than four years last week. There was a
      BLOOMBERG  -  684 words
    • Article
      Lock icon Yen eases after it hit highest level in 5 yrs
      361 4 CURRENCIES -AFP [HONG KONG] Many Asian currencies rose against against the dollar, with the Japanese yen hitting its highest level in nearly five years before easing slightly. Japanese yen: The yen hit its highest level in four years and 11
      -AFP  -  361 words
    • Article
      Lock icon WEEK AHEAD
      81 4 Investor events to watch out for Raffles Lasalle changes nameto Raffles Education Corp Dec 6 SPH, AGM, Dec 6 Permasteel, EGM, Dec 7 Penton, AGM, Dec 8 Bright Orient, Special Meeting, Dec 10 Telechoice Intl's dividend payment, Dec 6 Courts' dividend payment, Dec 7 Parkway Hldg's dividend payment,
      81 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      622 4 Payment Ex Books Pay Payment Ex Books Pay fctt) date close date (tts) date dote date Action Asia 10c I 0.5TE 02-Dec 07-Dec 20-Dec Midas 4c jj 0.25 26-Nov 01-Dec 17-Dec APB Breweries F 14N 31 -Jan 03 Feb 16-feb MiyoshiSc F,S 0.40 04-Jan 07-Jan 28-Jan Asiatravel.com 1.5c
      622 words
    • Article, Illustration
      Lock icon BROKERS' RECOMMENDATIONS
      446 4 Compiled by Thomson Financial l/B/E/S OTHER SINGAPORE INDICES Dec 3 VALUE CLOSE BT OB/OS 103.00 BT CADI -*****.00 +14.00 BTIO-dayMA -*****.00 -11.00 AM-SG Equities 526.81 +0.75 SG Equities Elect 162.39 +1^50 SG Equities Fin 162L96 +4.95 SG Equities Prop 516.51 +108 SIMSCI 244.88 +0.27 SiMSCI Futures 245.20 -0.70
      446 words
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  • Page 5 Advertisements
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      559 5 Ba 1 I mm 1 J jl H JKP 1 i: fff JJJ 9^^SSs3 ■p 4SS^^> s 4 k^o&nUlM9Mi^Xil/l/MiMU[llMH^^^^ STsXirS r3*m\raTi7iiTi^H V" *f?i Steel Rising To The Challenge rsa Achieves (9 Steely resolve, a sense of purpose and passion: these three Client RIiAPS 'J'he Benefits 1. AiV/UV definitive factors have
      559 words
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  • COMPANY NEWS
    • Article
      Lock icon Liang Huat MD fined for disclosure errors
      416 6  -  Actual stake in firm differs slightly from level previously disclosed By JOYCE KOH BELEAGEURED Liang Huat Aluminium said over the weekend that its chairman and managing director Tan Yong Kee was fined $180,000 last Friday for failing to meet disclosure requirements. The mainboard-listed
      416 words
    • Article, Illustration
      Lock icon Soilbuild IPO to raise $7.7m for expansion
      535 6  -  Developer specialises in medium-sized, freehold projects By VINCE CHONG THE property market may be way off its 1996/97 peak but developers like Soilbuild Group are showing there is still a future in the sector, even if they cannot match the deep pockets of
      535 words
    • Article
      Lock icon DBS Bank was transparent in Pidemco deal
      246 6  -  MAILBAG Eileen Lau Vice-president, group communications DBS Bank ANDREA Tan's commentary (BT, Dec 2), "Shouldn't HDB deal be on a commercial basis", took a swipe at DBS Bank by implying that we were not transparent and did not follow good corporate governance in
      246 words
    • Article
      Lock icon Advance SCT expects China to drive revenue
      366 7  -  It reports six-fold profit rise; plans service centres in Shanghai, Shenzhen By CHEN HUIFEN NEWLY-LISTED Advance SCT is likely to see a further jump in revenues with the setting up of new service centres in Shenzhen and Shanghai. The company expects these centres
      366 words
    • Article
      Lock icon Samudera seems undervalued, at least on paper
      638 7  -  HOCK LOCK SIEW By VEN SREENIVASAN HAS listed feeder operator Samudera Shipping Line finally sailed into calmer waters? Its latest quarterly results certainly seem to suggest so. After a poor 2003 and an uninspiring first half, the company's third quarter earnings jumped ten-fold
      638 words
    • Article
      Lock icon Goodwood Park Hotel to be delisted on Friday
      374 7  -  By JOYCE KOH GOODWOOD Park Hotel (GPH), one of the oldest listed companies around, will be delisted this Friday with the close of the offer to take the tightly-controlled company private. The offerer, Dumont Pte Ltd, said over the weekend that at
      374 words
  • Page 6 Advertisements
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      Lock icon Page 6 Advertisements Column 1
      53 6 I J HiflFJflHSw jef i HI v §B! jflßß m$ Wsilffts s p jp-V Lunch from $60+++ Dinner from $110+++ Cooking Class 7 Dec $70 nett Reservations 6730 3393 Mon to Fri 12 to 2.30pm Mon to Sat 7 to 10.30pm Hilton 581 Orchard Tel *****233 Fax *****917 Singapore Webgjte
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      274 6 I Swiss Private Banking since 1841 C I Start the new year by sending your employees for training and skills-upgrading to prepare them for the new challenges ahead. The returns from these better-skilled and highly motivated employees will definitely contribute to your bottom-line. Make each of your employees a valuable
      274 words
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  • Page 7 Advertisements
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      26 7 Insiders' trades. I Brokers' recommendations. I Dividend table. I The paqes also cover transactions by directors and substantial shareholders. In other words, news mmm yOU USO.
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      576 7 X i j±k V .f SBSSsSti*,'. k l^f' HMiHRPH^ Sv. f > This festive season, 2.18% Pa on your Singapore Dollar Time Deposit is simply outstanding. It's the season for giving, and we're celebrating by offering an attractive interest rate of up to 2.18% p.a.* for a 3-month Singapore Dollar
      576 words
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  • VIEWS FROM THE TOP
    • Article, Illustration
      Lock icon reflections on RETIREMENT
      2361 8 THIS WEEK'S TOPIC Should government extend the retirement age beyond 62? If so, how should this be done? Instead of simply extending the retirement age across the board, why not leave it to the relevant companies or sectors to decide on whether and how they want to
      2,361 words
  • Page 8 Advertisements
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      70 8 8T CEOs e-Gub Members of the BT CEOs e-Club are Singapore's top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust This 'dub' is a virtual one with interaction mainly via e-mail. Each week, we will invite comments from these top executives
      70 words
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  • Page 9 Advertisements
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      220 9 NOKIA CONNF.(TIN(i PROfLF. 53u* •■i'k? i' Ml T i ~>,, Open up the possibilities. You work a step ahead of the rest. Keeping pace with you is the Nokia 9500 Communicator. More than a device with critical business applications, versatile network connection and high memory capacity, it's a mobile office
      220 words
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      21 9 HAVE YOUR SAY What do you think of the opinions expressed in these pages? Share your views by writing to btletter@sph.com.sg
      21 words
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  • SINGAPORE MARKETS
    • Article, Illustration
      Lock icon Most portfolios weaken in line with market
      1072 10  -  TEH HOOI LING Senior Correspondent IN the aftermath of the China Aviation Oil debacle, there was a noticeable flighi to quality in the Singapore market last 1 week. The STI ended the week up 33 points or 1.6 per cent at 2,061.58 points,
      1,072 words
    • Article, Illustration
      Lock icon Buyers still acquiring shares aggressively
      1209 10 INSIDE MARKETS Their activity pushed the net number of purchases in November to the highest recorded in a month since March, reports ROBERT HALILI BUYERS remained dominant last week with 36 companies recording 54 purchases worth $10.2 million against 12 firms, 20 transactions, and $2.3
      1,209 words
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  • DINING OUT
    • Article, Illustration
      Lock icon Hakka favourites
      1187 11  -  WILLIAM WHEY shows where to find the traditional cuisine in Singapore WILLIAM WHEY AS a nomadic tribe who wasthought to have started migrating during the Qin Dynasty (221 to 206 BC), little is known about where the ethnic Hakkas originated from. Believed to be ethnic tribes of Han
      WILLIAM WHEY  -  1,187 words
  • Page 11 Advertisements
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      208 11 Luxury hotels and prime properties Prime Commercial Complex for sale in Malaysia I 77,804 sq. ft. commercial complex Penang Plaza Investors, developers and entrepreneurs will find this (adjoining Sheraton Penang), Penang Island choice selection of prime properties a rare opportunity Indicative sale price: RM 30 million offering great returns on
      208 words
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  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • Article, Illustration
      Lock icon Advice on advisers
      600 12 While the basics of financial planning are easy to grasp, as in all things, it always helps to seek professional guidance. So this week, we explore some of the things to look out for when choosing a financial adviser (FA). Know that you are protected From the
      Graphics by CHOO HUA KEONG  -  600 words
    • Article, Illustration
      Lock icon A one-stop place to get Frantiq
      737 12  -  CAMPUS LIFE Business student Pan Weili's media production start-up stands apart with its all-in-one strategy, says KELVIN SAM KELVIN SAM «m W$ HILE his peers spend w# S their time doing Jp M Jf school projects about S m M strategic brand man- mm
      737 words
  • Page 12 Advertisements
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      252 12 Be smart with your finances FANCY becoming the next Warren BufTett or George Soros? Or even the famous Robert Kiyosaki? Then read on. The Young Investors' Forum, part of the BT-Citibank Tertiary Outreach Programme, isn't another dry page out of your financial textbook. To complement our editorial content, we have
      252 words
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon S-E Asia to see more mergers, acquisitions
      458 13  -  Asia-Pac equities' fund inflows largest globally: Morgan Stanley By SIOW LI SEN HAVING outperformed this year, South-east Asian markets are expected to continue to be a hive of activity for the next several years with investment banks bracing for more mergers and acquisitions,
      ARTHUR LEE  -  458 words
    • Article
      Lock icon Strong ties with PAP must continue to grow: NTUC official
      370 13  -  By CHEN HUIFEN EXISTING symbiotic ties between the NTUC and the ruling PAP are necessary and must continue to strengthen as Singapore's survival is dependent on them. NTUC assistant sec-retary-general Halimah Yacob said yesterday. Making the statement at the People's
      370 words
    • Article
      Lock icon EVENTS LISTING
      288 13 DATE/ TIME EVENT VENUE 6-15 Dec 2004 National Chinese Mu- Singapore Conference 9am sic Competition Hall 6-7 Dec The 9th Annual Condensate The Sentosa Resort 8am Naphtha Forum Spa Singapore 7-10 Dec OSEAS 2004 The 15th In- Suntec Singapore, Lev9.30am ternational Oil Gas Indus- el 4 try Exhibition
      288 words
    • Article
      Lock icon PM Lee visits Vietnam, Philippines this week
      147 13 AS part of his on-going series of introductory visits to Asean capitals, Prime Minister Lee Hsien Loong will visit both Vietnam and the Philippines this week. Today, Mr and Mrs Lee will travel to Hanoi as part of a two day visit to
      147 words
  • Page 13 Advertisements
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      391 13 opportunityindja Business is like a prayer. Best done with hands joined. £tEsL The land that firmly puts its p j IH/I faith in moving ahead towards a "There It e broad recognition of the enormous B benefits flowing from greater integretion iun C c^u e Auicf common goal together. It
      391 words
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  • ECONOMY WATCH
    • Article
      Lock icon Indian PM projects 7.5% annual growth
      346 14 -AFP [NEW DELHI] Prime Minister Manmohan Singh said on Saturday that India's economy would grow by 7.5 per cent annually over the next decade and could be one of the world's biggest economies in the next generation. The economy grew by 8.2 per cent
      -AFP  -  346 words
    • Article
      Lock icon Global GDP on track despite firms' fears
      606 14 US companies more upbeat than those in Europe, Japan Reuters [WASHINGTON] Companies around the world reported the chill effects of high energy prices and a falling US dollar last week, but barometers of aggregate global economic activity continue to flash more positive signals.
      Reuters  -  606 words
    • Article, Illustration
      Lock icon Opec states shifting away from US$: BIS
      542 14  -  Such a move will further weaken the greenback, say analysts By RAVI KANTH in Geneva THF Bank for International Settlements yesterday said oil exporting countries are increasingly denominating a growing share of their deposits "in currencies other than the US dollar, most notably
      542 words
  • Page 14 Advertisements
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      140 14 iisfci v sale H <'/}.„#<%■»< -<r. t S,r I To mark the launch of our website the festive season, we bring you these good tidings... STOREWIDE SALE of up to 40% from 29 NOV to 12 DEC! With every $500 purchase, you are entitled to a Crystal Decanter at $10
      140 words
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      Lock icon Page 14 Advertisements Column 2
      42 14 Copycats beware! m J Protecting your rights? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. Releasing a financial statement? Call 1800 289 8822 or email notices@sph.com.sg to book your advertisement in our newspapers now. 5
      42 words
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  • MALAYSIA/INDONESIA
    • Article, Illustration
      Lock icon Bursa Malaysia's IPO woes
      846 15  -  MALAYSIA INSIGHT Remisiers unhappy with payout proposals are threatening to delay its planned listing PAULINE NG KL Correspondent BURSA Malaysia is in a bit of a crisis. A group of its shareholders namely, the remisiers thinks it's getting the short end of the stick, and may
      846 words
    • Article, Illustration
      Lock icon Tanjong invests RM182m in UK TV transmission
      358 15 It takes 4% stake in group buying ntl:Broadcast to optimise returns MBT Reuters. [KUALA LUMPUR] Malaysian power and gaming firm Tanjong said on Friday it has invested RM182.7 million (5578.1 million) in a consortium that is buying the TV transmission business of NTL
      MBT; – Reuters.; Source: MBT  -  358 words
    • Article
      Lock icon Newmont to go ahead with Indon investment
      184 15 Bloornberg [JAKARTAI Newmont Mining Corp's legal dispute with Indonesia over alleged pollution won't deter the world's biggest gold miner from investing US$B5 million in the nation next year, said chief executive Wayne W Murdy. "This is a nation that has huge potential from
      Bloornberg  -  184 words
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      58 15 Getting around Dubai is a little di fferent from rush hour traffic on the Central Expressway. |V\ you might try a yacht or a dhow, or a 4 x 4 dune bashing adventure. Surf skiing is recommended. I Andsnorkelling'sa must. s* V Luckily, getting there is different foo. Vex i
      58 words
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  • GREATER CHINA/INDIA
    • Article
      Lock icon China to setup market lawsuit channel
      431 16 Investors can sue listed firms for any financial wrongdoing -Xinhua [BEIJING] China is planning to set up a lawsuit mechanism efficient and convenient for capital market investors to seek compensation from listed companies for financial wrongdoing, according to China's top securities official. Addressing a
      -Xinhua  -  431 words
    • Article, Illustration
      Lock icon Foreign buying, earnings seen sustaining Indian stock rally
      499 16  -  By AJOY SEN in New Delhi FINANCE Minister P Chidambaram says India's current share rally is a reflection of the country's good fundamentals. That is only partly correct. There are other good elements which make the stock market diversified, matured and give
      Source: Bloomberg  -  499 words
    • Article, Illustration
      Lock icon Hong Kong to receive 21.4m tourists this year
      266 16 Reuters [HONG KONG] Hong Kong yesterday welcomed its 20 millionth tourist of 2004, beating an annual record for arrivals of 16.6 million in 2002. Barbara Wallerbosch from the Netherlands was seen on local TV being met at Hong Kong's Chek Lap Kok
      – Reuters; AFP  -  266 words
    • Article
      Lock icon KLSE: BROKERS' RECOMMENDATIONS
      8 16 Compiled by Thomson Financial l/B/E/S
      8 words
  • Page 16 Advertisements
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      170 16 FSE shrT I v l« w P 9inlo I :«HR professionals say I SHRLis a professional body K that r delivers quality tnuacaidemic programmes. Source: A questionnaire conducted by SHRI on HR practitioners' views on educations/ qualifications. Graduate Diploma in Management Business Administration (GDipMBA) mm* Duration: 9-12 months; 192 training
      170 words
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  • Page 17 Advertisements
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      535 17 i '111 I I $#fli& MM M il E9 *M| On this special occasion, I would like to take this moment to share with you Admitted into the Singapore Quality Class in 1998. In fact, Avi-Tech was the history of Avi-Tech. among the first 6 SMEs that made it to
      535 words
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  • ASIA-PACIFIC/WORLD
    • Article
      Lock icon No 3 US pension fund faces US$23b shortfall
      433 18 Calstrs calls on the state, members and employers to boost contributions -Reuters [SAN FRANCISCO] The California State Teachers' Retirement System (Calstrs), the third largest US pension fund, faces a US$23.l billion funding shortfall and many other public pension funds may face similar
      -Reuters  -  433 words
    • Article
      Lock icon Calpers quizzes drug firms over Vioxx loss
      169 18 Bloomberg [SACRAMENTO, California] The California Public Employees' Retirement Systems has demanded that Merck Co and six other drug companies explain how they will restore shareownervalue after pension fund losses following the withdrawal of Merck's Vioxx from the market. Calpers, the largest public pension
      – Bloomberg  -  169 words
    • Article, Illustration
      Lock icon High energy costs to boost two US IPOs this week
      575 18 Reuters [NEW YORK] With the cold winter months setting in and overseas manufacturers continuing to drive the price of power higher, initial public offerings from two energy companies this week seem fortuitously timed. Coal miner Foundation Coal Holdings and oil
      Reuters  -  575 words
    • Article
      Lock icon Japanese developers may outperform REITs
      570 18 Bloomberg JAPANKSK office and home developers such as Sumitomo Realty Development Co may attract funds at the expense of realestate investment trusts as the country's property market recovers from a decadelong slump. The shift reflects a rebound in the world's second-biggest economy that has fuelled
      – Bloomberg  -  570 words
  • Page 18 Advertisements
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      251 18 Le Jrench Restaurant Free lunch Buy one appetizer 2 beverages, get second appetizer of equal or lesser value free. Not valid with any other offer. Your Choice of appetizers here are Goose Liver $16.50 Oyster Meuniere $14 Escargot $10 Soft Shell Crab $9 4 Course Meals @$18.80 Raffles Country Club
      251 words
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      15 18 IF YOU HAVE YET Poolude, level 4, above Tanglin Mall. Reservations recommended.lei: 6831 4373. pi
      15 words
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      56 18 £n(Oy these ddicK>ws vota roeois doily for o limited ftm« only Comes with one tHi I chotte of £JL OA eoffet tea or toft drink 5 yO<OW f**®* r MdKjk*PP r main course J* J Kf »v f WggtA jMr Ami -djr Please call 6430 4119 to moke reservations. Oxford
      56 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Lock icon Page 18 Miscellaneous Column 1
      267 18 CRYPTIC CROSSWORD 1 Colour scheme in main gaol 5 Sailor's view listened to by set- 8 1 I I I I I I 1 ter, perhaps (3,3) Performing arts, or platforms 9 Old country Coffee and Sunday fish where a charge is hL__|H^^i 20 Scientist in second class cricket side
      267 words
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  • AVIATION
    • Article, Illustration
      Lock icon Hong Kong awards HK$2b contract for new terminal
      371 19 SkyPlaza will also feature berthing facilities for sea ferries AFP. AP [HONG KONG] The Hong Kong Airport Authority has awarded a HK$2 billion (Ss42o million) contract to build a second air terminal at Hong Kong International Airport. It said a joint-venture led
      AFP.; AP; AFP  -  371 words
    • Article
      Lock icon Saudi women can join new aviation academy
      187 19 -AFP [RIYADH] Saudi women can be trained to replace foreign female crew members working for the kingdom's national airline, provided Islamic law is respected, Saudi Arabia's defence minister was quoted as saying. "It is vital to replace foreign women with Saudis," the locaM/
      -AFP  -  187 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      385 19 AIRLINE CODES: AA: American Airlines (AAL), AF Air France (AFR), AI: Air India (AK), AY Finnair Oy (FIN), AZ: Alitalia Airlines (AZA),BA: British Airways Public Ltd Co (BAW), BG Biman Bangladesh Airlines (BBC), BI: Royal Brunei Airlines Sdn Bhd (RBA), BO Bouraq Airlines (BOU), BR EVA
      385 words
    • Article
      Lock icon AirAsia pushes for low-cost hub
      447 19 Reuters IKUALA UJMPUBI Malaysian budget carrier Air Asia said Malaysia should reopen an old airport for regional low-cost carriers despite an objection from its bigger rival Malaysian Airline System (MAS). Air Asia, which helped pioneer the low-cost airline model in Asia and wants to become
      Reuters  -  447 words
    • Article
      Lock icon Virgin to appeal Britain's decision on India flights
      438 19 It says awarding of rights allows BA to dominate sector Bloomberg LONDON) Virgin Atlantic Airways, the airline controlled by billionaire Richard Branson, said it will appeal a UK decision on increasing flights to India because the ruling allows British Airways to dominate
      Bloomberg  -  438 words
    • Article
      Lock icon Indian Airlines flies back into the black
      199 19 Bloomberg [NFW DELHI] Indian Airlines, India's second- biggest local carrier by market share, posted a profit last year following three straight years of losses after it cut costs and passenger traffic grew in Asia's fourth-biggest economy. Indian Airlines earned 441.7 million rupees (5516.4
      – Bloomberg  -  199 words
  • Page 19 Advertisements
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      774 19 Call toll-free 1800 289 8822 FORM 55 (RULE 112) NOTICE OF MEETING STONEHENGE TELECOM SINGAPORE PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Take notice that a meeting of creditors in the above matter will be held at 10 Collyer Quay, #21-01, Ocean Building, Singapore *****5, on the 12th day of January
      774 words
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  • SHIPPING
    • Article
      Lock icon Shipowners push terms on seafarers
      525 20  -  They sayjob conditions should reflect standards in country of origin By DONALD URQUHART [SINGAPORE] Asian shipowners have reiterated their stand that seafarers' conditions should reflect the social and economic standards of their home countries, even while noting a "serious" shortage of Asian seafarers. "The employment
      525 words
    • Article, Illustration
      Lock icon SHIPPING MALL
      106 20 [TURKU, Finland] A section of the shopping mall on board the Color Fantasy, the world's largest cruise ship with car decks that is moored at the Kvaerner Masa-Yards in Turku. Finland. The ship, which was delivered to Norway's shipping company Color Line last week, is 224 metres long
      AP  -  106 words
    • Article
      Lock icon China Shipping plans bond sale to fund fleet expansion
      199 20 -Xinhua [SHANGHAI] China Shipping (Group) Company, one of China's largest ocean transport corporations, is issuing two billion yuan (*****.8 million) in bonds to finance its ship purchases. The bond project, already approved by the State Development and Reform Commission, will raise
      -Xinhua  -  199 words
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      Lock icon China ports race to cash in on boom
      760 20 Reuters [DALIAN] Beiliang port in Dalian is eyeing a much bigger catch than the clams in the nets of the fishermen who line the wharf of this fast-growing Chinese city. It wants to woo tankers bringing oil to the world's sec-ond-largest consumer,
      Reuters; BLOOMBERG FILE PHOTO  -  760 words
    • Article
      Lock icon Freight rates soar to record levels on China demand
      724 20 -AFP [LONDON] World freight shipping prices, particularly the cost of transporting dry raw materials, are steaming ahead at record levels, powered mainly by China's insatiable demand for bulk levels of imported commodities. The Baltic Dry Index, measuring the shipment of dry
      -AFP  -  724 words
    • PORT SHOTS
      • Article
        Lock icon 3 missing as ship catches fire
        89 20 -AFP [SEOUL] Three people were missing and eight rescued after a fire ripped through a South Korean cargo ship sailing off the southernmost island of Jeju yesterday, police said. The fire broke out when the 1,513-tonne ship, Hanyang, was en route to the southern
        -AFP  -  89 words
      • Article
        Lock icon Ship runs aground off Japan, spills oil
        83 20 Xinhua [TOKYO] A container ship ran aground on Friday morning in the Sea of Genkai off south Japan city of Fukuoka and some fuel oil was leaking, the Japan Coast Guard said. The 2,900-ton vessel, Jin Man He. registered in St Vincent and
        Xinhua  -  83 words
    • Article
      Lock icon TRANSPORT STOCKS
      305 20 SGX '000 Dec 3 St Vol CH Offshore 0.39 0.01 1627 ChuanHup 0.65 unch 1018 Cosco Corporation 1.14 unch 6223 CWT Distribution 0.57 0.01 1 EzraHldgs 1.18 unch 82 Freight Links 0.09 -0.01 100 Grand Banks Yacht 0.91 unch 30 Jaya Holdings 1.02 0 01 2011 K1 Venture
      305 words
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      137 20 Call toll-free 1800 289 8822 GLORY SHIP MANAGEMENT PTE LTD We invite applicants for the following position|s|:- Working experience in tanker operations, supervision of r loading discharging, safety audits, etc Previous experience M as Master or Chief Officer onboard tankers required W Knowledge of charter parties, laytime calculations and the
      137 words
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      190 21 I A Milestone Achievement Congratulations on the Official Naming of GlObalSantaFe Development Driller n by Lady Sponsor Mrs Yvette Sprague V V '>■ 1 lurong Shipyard Monday, 6 December 2004 Specifications; A Friede Goldman ExDDesigned sth Generation Deepwater Semhsubmersible Capable of drilling as a dynamically positioned (DPS-2) drilling rig in
      190 words
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  • Article
    Lock icon SINGAPORE STOCKS
    4143 22 STRAITS TIMES INDEX STOCKS Mimm W Oaaa Qw> S*odiaama m Oaaa Qmi|i AHgreen 50c 0.30 1.100 *0.040 NOL 2.10 3.000 *0 010 BIL Int) US20c 0.44 0.965 >0.005 OCBC 10.02 13.600 Caprtaland 1.37 2.090 -0.020 Parkway H 25c 0.65 1.420 Chart SarmCond 26c a7» 1.050 *0010 Peoplts Food
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  • Article
    Lock icon FINANCE & COMMODITIES
    3239 23 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES In local curr In SS In USS dy yr dy yr dy %yr Pec 3 Index Change Change Change Change Change Change World Index Preliminary 836.6 0.1 7.5 0.3 6.5 0.4 10.5 EAFE Preliminary 756.7 -0.1 7.9 0.6 10.4 0.6 14.6 Europe Preliminary
    3,239 words
  • Article
    Lock icon Oil prices plummet as US stockpiles grow
    951 23 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices nose-dived last week as speculators bailed out of the market on news of rising US petroleum stockpiles. Gold hit 16-year highs and silver eight-month peaks as the dollar continued on its losing streak. Gold: Gold
    AFP  -  951 words
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      1422 24 I TO USA/CANADA I I EXPORT I I OTHER DESTINATIONS I lygsa Ivor I IraswliowclUQ<|DMUS|HOUSTOl<|M^|OK^|^ row 11 1| TO AUBTRALM (AUSTRALIA AStA EXPRESS) IOSMGHBDMESS ***** OMT 107/12 I 24/1? 30/1? 31/12 ?9/l? ?9/l? 01/01 VKSfI I VOY ITASM IHI ''M STD tt I O ooaunauM oksi 14/*****/12 I 31/12 04/01
      1,422 words
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      839 24 [imukasia koko sikvici vcsa/wr miroro" hbchto rw km ig mt STMITSWITU»E/H 15 3? 25/11 27/11 (ft/12 05/12 07/12 STMITSVBnUtt/17 15 12 W/12 12/12 l«/ 12 H/12 21/12 STtAITS VPfTUtt /II 15 1 3.2 23/12 24/12 30/12 02/01 04AI1 Iwht asia/nnoal koro ivs VPSa/VOT RAWffT} HPCHT(M) YOK KB KHH HtISWIWG HW
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      1112 25 MOL Combines C a range of shipping modes to ensure timely, reliable services covering major ports in Norm America, Europe, Japan, Asia, Africa Oceania. Also aaopt Intra-Asia Cargoes to: BUS AN KWANGYANG SHANGHAI YAMIUN XIAMEN QMGOAO lILAWAN JAKARTA SURABAYA KAOHSHING BANGKOK LAIN CHABANG HOCHINUNH PASIR GUDANG PfNANG PORT KELANG For
      1,112 words
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      89 25 CONTAINERS/ X\NX CONVENTIONAL CARGO FROM PORT KIAMG/SINGAPORE/JAKARTA I lANGKOK VOY KTAIKJ. KTASIN CTAM.MJ-: Kola IVguh VIXJI43 <12/12 12/12 M.CHTTkT 752 (WI2 l(VI2 WI2 MIA MARINK SKRVICKS SIWAHtRh Hkhic: C224-4US. C24-4KW FBV (ZZ4-UI3. CZZ7-I4M SCAN! HART AIiKM IKS Sl»\ KHI> RX TRANSLINIMI JAKARTA TKLtS ttH MW Kl»: TKL«l*a*»4* KA\:«t VALPACK (S)
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      200 25 Gemartrans (S) Pte Ltd GEMARTRANS OPERATOR COOE •or CR NO: *****M0000R FOR BOOKINGS: TEL FA* SMQAPORE *****662/ *****592 *****661/ *****110 KUALA LUMPUR (03) *****889 (03) *****102 3 SAILINGS WEEK TO HCM vessel I vor I sin hcm DA XIN 080t 06/12 09/12 GOLDEN TRADE 41 IN 07/12 11/12 ANEMI 17N
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      1023 25 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VESSEL VOY SIM P.KLANG COLOMBO N.SHEVA COLOMIO INDIRA GAMDHI 0088W 30 NOV OMII 03 DK 06 DK II DK HAJIV CANDHI OQBBW 07 DE( OMIT 12 DEC I SDK If DK IAY BBIOGt 004W 13 DK 15
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      768 26 U»f WALLENIUS WILHELMSEN W website: http://www.2wfllobol.iom RAMP UC MAO HOU« MIA SAV »A 1 0» MW l»W >01 TAJMESIS Af424 I 370Tm< 6.4 M I 19/12 M/ 01 19/01 26/01 27/01 31/01 30/01 02/01 23/01 TAMPA AfSOI 420Tm> 6.4 M I 01/01 24/01 02/02 09/02 10/02 14/02 12/02 16/02 06/02
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      1335 26 vtssa vfii m cai visa m m an PACIANPA 13S4W 04/12 05/» rKHffIH S2U 82/12 CSZI2 JKMm urn mi w» mmu wa MZI2 czzi2_ CSf 2301 00* ST 05/11 04/12 iIIMIITt 7 lS2i OZ/12 111/12 nttM* 1354N 07/12— fiZ/12— W7 M/ 12 12/12 immmm um azzu 52/12— CSf 2301 0066f
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      621 26 BSA x MYANMA ■H FIVE STAR LINE (Myoimar National Line) Loading for Yangon vessel vor sin phi km pgu PAGAN 336W SLD SID HPA-AN 326W SLD IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUI/PKL 03-*****388 PEN: 04-*****1S accepting conventional C6O HKG SIN KG SH PGU PU KUC CRYSTAL HEART 13 SID SU)
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      213 27 I IP T CARRIERS .....mjwjm*.. .1^ l—W Iftfll os/nsuii izzizm 11zum_ !***s* »/}vg TMf TIM ITM la/ai w n/ti u/ti an TM—STM mm am sat h/h mm n/ti re TAMBON STAC VTK U/I2IMU H/ttiU M/KIW Iw— gg mi WW HI 177WTHM HjWMi wn vktiimi amti tumci WIHtT mil DAT SAUIM
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      913 27 I lIVIEQ ■Mk*L*m-ujj«ub*ni-sjn I mwJmrn LI 111 CO CUSTOMS S®VKLTiI: 4721-5596 WX: ******90 I SMGAfORE: TONG XX) SHIPFMG PTI LTD I COIiTAiHgtISH WWCtSTO MAIAYSIA, Mill, AM> VIiTMAM Ivbm wT rasw "mT" wn Ivtssa voT ragnuu Ivbsb "m" rasw sw wm WjaaT wcon WWW" OS/11 W» 12/12 k—l 404S >4/12 09/121GBWB
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      211 27 Uo«c bfakbuic htyitm SX A«io/USA vie* vno SPfQAUSI IN HEAVY UFTS A PROJECT CARGO ■V MMSTIUI CBfTMY BE" ggj. ■V MMSTMAI OK 8?!? ISOiipVtaHMMt M— Mrfe ■VMWSTHALHTSIK M/ 12 Otw parti m USA, Mtaro, Canrft—i t South Africa aw mduemm*. SINOAPOU MAIAYHA Ma Wm SHpptag (S) Pit M hnrf nimin
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      517 27 ■PlfSWl TIGER SKY 240N 07 08/12 14 16/12 21 22/12 BpHMMifl TIGER SEA 241N 13 14/12 11-20/12 26-27/12 HQXmTIG«WAVE 242N 15 16/12 21-23/12 28 29/12 HGfR PEARL 243N 18 19/12 2426/12 01-02/01 TIGER SKY 244ti 21 22/12 28-30/12 044)5/01 w!?wl3n:l«PHiiTiM m 7 ■ffffffflH TIGER CREEK 003 07-01/12 15-17/12 25-26/12 ■U|U|||nGßtsnnT
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  • BizIT
    • Article, Illustration
      Lock icon Hitachi to push SME solutions for growth
      751 29  -  BT exclusive S'pore-based SMEs' IT spending set to rise 5.5% to US$1.17b. RAJU CHELLAM reports RAJU CHELLAM 4095% TORAGF solutions provider Hitachi Data Systems Corp (HDS) plans to push a range of solutions tailored for the needs of small and medium-sized enterprises in
      751 words
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      Lock icon Ong Peng Tsin's Encentuate eyes the region
      500 29  -  By ROLAND LIM HAVING scored 20 customers in just 10 months, enterprise access security start-up Encentuate is all set for expansion into the region. Encentuate is the brainchild of Ong Peng Tsin, widely known as one of Singapore's most successful technopreneurs he cofounded
      500 words
    • Article, Illustration
      Lock icon Juniper in talks with S'pore ISPs for broadband security deal
      851 30  -  BT exclusive Similar deal involving 10.000 firewall devices already inked with HK's PCCW Reports by AMIT ROY CHOUDHURY JUNIPER Networks, which makes equipment that helps link computers, is in talks with Singapore's Internet Service Providers (ISPs) to provide firewall security
      851 words
    • Article
      Lock icon Here comes the Intranet
      237 30 JUNIPER and its industry partners such as Siemens and Nortel are driving a new initiative designed to combine the convenience of the Internet with the security and performance of private networks, ac- cording to Brad Gray, Juniper's Asia Soiith Pacific vice-president. Called the Infranet, it is
      237 words
    • <what's up>
      • Article
        Lock icon Expect more wireless viruses: Trend Micro
        96 30 SECURITY firm Trend Micro has reported the discovery of a new virus in November 2004 that uses infected PCs to send spam messages to mobile phones via SMS. The virus first checks the infected computer for an Internet connection, and then proceeds to access
        96 words
      • Article
        Lock icon New BlackBerry offer from SingTel
        63 30 SINGTEL has announced the availability of the popular Blackßerry Internet Service for SMEs and individuals. Previously only available to corporate customers, the Blackßerry Internet Service "pushes" users' e-mail messages onto their Blackßerry handhelds via SingTel's GPRS service, available for $39.90 for 4MB of data usage
        63 words
      • Article
        Lock icon StarHub, MDA launch digital TV initiative
        87 30 DIGITAL cable TV provider Star Hub and the Media Development Authority (MDA) of Singapore have announced the Digital TV (DTV) Applications Initiative, which offers companies developing applications for DTV a testbed for their applications. With this initiative, companies can seek funding from MDA under
        87 words
      • Article
        Lock icon CA joins software licensing program
        103 30 COMPUTER Associates (CA) International Inc has joined the software licensing programme initiated by the Intellectual Property Office of Singapore (IPOS) and the Intellectual Property Taskforce. The programme encourages businesses to get discounted legal software before the new amendments to the Copyright Act, which will make
        103 words
      • Article
        Lock icon Software asset management seminar
        91 30 THE Business Software Alliance, Intellectual Property Office of Singapore (IPOS) and the IPOS IP Task Force are organising a free seminar on Dec 9 to help organisations prepare for the changes in the Copyright Act next year. Speakers at the seminar will provide an overview of
        91 words
      • Article
        Lock icon SGI clarification
        104 30  -  Compiled by ROLAND LIM IN OUR report, "SGI eyes storage solutions to boost growth" (BizFT, Nov 22), we reported that SGl's "aim is to get storage solutions to contribute 33 per cent to gross global revenues in two years from about 18 per cent currently". SGI has clarified
        104 words
    • Article
      Lock icon Dell wins US$700m Philips worldwide supply deal
      251 30 Reuters [SAN FRANCISCO] Dell Inc has won a five-year deal worth up V) US$7OO million to supply Philips Electronics with computers, storage, printers and related services, parties close to the deal said last week. The Philips agreement calls for Dell and two of
      Reuters  -  251 words
    • Article, Illustration
      Lock icon Thumbs up for BC/DR standards
      849 31  -  &lt;we say&gt; It will go a long way towards enhancing S'pore's credibility in BPO industry AMIT ROY CHOUDHURY Correspondent Many people don't realise that one of the reasons for the dramatic success of the software industry in India has been the ability of companies there
      849 words
    • <what's new>
      • Article, Illustration
        Lock icon Wireless link
        59 31 NETWORKING company Allied Telesyn has released a wireless adapter that enables desktops or notebooks to connect with wireless networks at 54 Mbps. The AT-WCU2OOG, which supports the lEEE 802.11 g USB 2.0 protocol, also features Wireless Protected Area support and 256-bit Wireless Encryption Protocol encryption. It is currently
        59 words
      • Article, Illustration
        Lock icon Put your finger on it
        100 31 HP has released three new hx2ooo series Pocket PC handhelds. For added security, the devices feature a fingerprint authentication security feature, and a Protect Tools data encryption application that ensures confidential data on the handheld is not compromised even if it is lost. The toD-of-the-
        100 words
      • Article
        Lock icon Say bye to phishing
        76 31 SECURITY solutions specialist McAfee has released Spam Killer 2005, an anti-spam solution which promises to block "phishing" emails and viruses in your e-mail inbox. Phishing is an increasingly prevalent method of spamming that tries to obtain financial and other information from users by masquerading as e-mail
        76 words
      • Article, Illustration
        Lock icon Compact value
        51 31 KOREA'S Samsung Electronics has launched a new clamshell mobile phone, the SGH-X460C. targeted at value-conscious consumers. The 75gphone features a 128 x160 pixel 65.000-colour LCD screen, MMS-caoabilitv and can store up to 1,000 entries in the phonebook. It is available now at $488 without a phone plan. Visit
        51 words
      • Article
        Lock icon Calling SMEs
        71 31 CUSTOMER relationship management (CRM) solutions provider Frontßange Solutions has released its IP Contact Center 3.7 suite, which is targeted at small and medium-sized enterprises and distributed enterprises. Using VoIP technology, the solution eliminates the need for a traditional telephony infrastructure in a contact centre, and integrates with Frontßange's
        71 words
      • Article, Illustration
        Lock icon Wide-ranging views
        69 31  -  Compiled by ROLAND LIM NEC Solutions Asia Pacific has unveiled their new flagship line of enterprise displays, the NEC Multisync LCD 70 series. Available in 17-inch and 19-inch sizes, these displays feature a wide 176 degree viewing angle and a thin-frame design. Available now. the 17-inch LCD1770NX retails
        69 words
    • Article, Illustration
      Lock icon A shot for your PC's safety
      783 32  -  &lt;what's cool&gt; Here's an antidote for spyware and virus attacks as well as a personal firewall, says RAJU CHELLAM RAJU CHELLAM TAKE this test. Go to www.lavasoftusa.com. or type "spybot, search-destroy" in a search engine. Download the free spyware detector and be surprised if
      783 words
    • Article, Illustration
      Lock icon O2 woos customers with mini PDA phone
      434 32  -  By ROLAND LIM UK-BASED 02 last week unveiled its XDA II mini personal digital assistant (PDA) phone, touted as the world's smallest PDA phone. 02 is betting on this latest addition to its line of Microsoft Windows Mobilebased handheld devices to broaden the
      434 words
    • Article
      Lock icon Sharp zaps security issues in printers
      433 33  -  By AMIT ROY CHOUDHURY WHILE data security has been been a crucial issue for some time now, the realisation that multifunction printers linked to networks can be vulnerable to security breaches has been slow in coming. Keeping this in mind, Sharp has introduced a
      433 words
    • Article
      Lock icon Exiting PC business may mark end of era for IBM
      505 33 NYT [NEW YORK] Almost since the day Sam Palmisano took the reins of IBM Corp from legendary former chairman Lou Gerstner two years ago, Mr Palmisano's vision for Big Blue has been clear: Don't worry so much about low-profit businesses
      NYT  -  505 words
    • Article, Illustration
      Lock icon Tapping IP potential of SMBs
      791 33  -  &lt;you say&gt; The outsourcing of IP services is a new market with great opportunities CRAIG GLEDHILL THE benefits of integrated voice and data services are widely recognised today by many companies. Lower costs, better features and greater productivity are hard to resist, but is IP
      AFP  -  791 words
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      104 29 Free signature updates, delivered daily eTrust Antivirus v 7.1 special 5-USer pack you don't pay yearly renewal subscription fees only 5588.00 incl GST usual Price *****.90 2 solutions for the price of 1 award-winning, dual scanning engines provide For every 1-user in addition to 5-user pack* double the protection only
      104 words
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      114 29 IK EXCLUSIVE Juniper in talks S'pore ISPs for jLj broadband security deal, pg 30 J JTXIHm Br^sßmf^7mnWT^P^^*mZ*lTnM r "J■ J iH d r#l li ri ZI k^V/A»^l a I J B i«.l B L J k M 1 L jj^J Sir; &gt;jiiiii(ipjwii-iii- JBBBWB®®'^^ I jy^HHfe,, jfl Jiflfl ~*'&gt;■-. sli ■WP^yjlTß
      114 words
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      74 30 1 The Leader in Applications Windows Management Quest Software Is Here in Singapore Quest Software Singapore Pte Ltd JCQ I 9 Penang Road #08-06 Park Mall Singapore *****9 Tel: 6720-2601 Fax: 6720-2655 www.Quest.com SOFTWARE WKKM IPTEEL-.nET.SG HOSTED C ALLM AN AGER SOLUTIONS W. $6,995* Premium Pack comes with Cisco Switch
      74 words
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      610 31 IBM eServer xSeries Blade Center™ HS2O Intel* Xeon" Processor 3.OGHz IMB Cache IGB DDR SDRAM EXPRESS MODEL PRICE AT: $18,468' for 4 units (SPECIAL BUNDLE) i InHOTQITOH tu int» o n n. w FREE 4 x 40GB ATA-100 HDDs when you purchase this special bundle Ul IUt?l 01/LfcJU. The IBM
      610 words
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      287 33 I fin There's always been a demand for greater flexibility in IT. In particular, for adaptability that's faster than the very speed of change. HP Integrity servers, powered by the Intel® Itanium® 2 Processor, are the only servers that can support four Operating Systems Red Hat Linux. HP-UX 1 1
      287 words
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      222 34 *WR~- -fail-1- s v ■Sp*---- t;'' JlilL IMlfe 1 lM| '^^^1 a| L J H mbl I^^ |h K L'dfl plfc J rfrt«m-*irr- i i -&lt;arf: I wm m&« Wm*- I *^w J ~h S,"f S«: r« .i -'li 4*l :V, *-*111 r fo LV--" £—.i» is.,, v &gt;^. I^v
      222 words