The Business Times, 27 December 2004

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Total Pages: 26
1 26 The Business Times
  • 16 1 THE BUSINESS TIMES SINGAPORE 85 cents online at http://business-times»asial .conLsg MICA (P) 023/03/2004 Monday, December 27,2004
    16 words
  • 49 1 Gigantic tidal waves set off by a powerful undersea earthquake has wreaked havoc in the Bay of Bengal and the region. Among the dead are holiday-makers in Thailand, Sri Lanka. India. Indonesia and Malaysia. Full report of the devastation. Pg 14 REUTERS
    REUTERS  -  49 words
  • 1034 1  -  Fuelling caution is slower global demand for goods and services and its dampening effect on earnings By KENNETH LIM [SINGAPORE] Going defensive seems to be the prescription for 2005, with analysts generally bearish or at best neutral on the Singapore stock market's
    1,034 words
  • 114 1 MARKETS KLSECOMP 907.20 +420 NIKKEI 22S *****.48 .4287.16 HANG SENG ....-*****.90 ....+202.46 SETMDEX 67QJ5 +OJJ9 JAKARTA COM? 9MLS1 +13.t6 TAIPEI TAJEX 6B1&B—+40.10 SEOUL COMP +4.79 SHMMNI 234.72 +2.33 AUSJALLORD -....+54.00 DOM JONES —*****.12 ..+177.20 NAPftQ 2M&62 +25.42 sarsoo wmis—+ts.» F1SE .jP98J€_+101J0 BOMBAY MO 6498.08 .-.+151.58 NUMERATES SINGAPORE 5.25
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  • 45 1 TOP STORKS PG2 COMPAMES PG 3,6 MARKETS PG 4,5 STORE NEWS.... PG 8 ECONOMY PG9 CAMPUS UHE...PG 10 M'SIA/INDON.. PG 11 OMNA PG 12 MDIA. PG 13 ASIA-PACIFIC.. PG 14 WORLD PG 15 AVIATION PGII SHIPPING PG 11 STOCKS PG 18,11 BIZIT PG 25.2C
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  • 556 1  -  By ANTHONY ROWLEY in Tokyo JAPAN will launch in the new year a far-reaching plan aimed at modernising and internationalising key parts of its financial system, while promoting the emergence of new financial conglomerates capable of competing on a global scale. The
    556 words
  • Page 1 Advertisements

  • TOP STORIES
    • 728 2  -  Heavy users can offer to give up a part of their supply to be sold on the electricity market By CHEN HUIFEN [SINGAPORE] The Singapore electricity market is becoming more efficient with the introduction of what is called the interruptible load a
      AFP  -  728 words
    • 789 2  -  WALL STREET INSIGHT By ANDREW MARKS m New York SANTA Claus came early to Wall Street last week. Riding on a wave of cheery investor sentiment as oil prices declined and portfolio managers chased returns before the end of the year, US stocks
      789 words
    • THREE-MINUTE DIGEST
      • 78 2 ANALYSTS are divided on how the stock market will do in the new year. Our senior correspondent R Si van i thy says 2005 will see a reverse of the scenario from 12 months ago, that is, the first half
        78 words
      • 76 2 AS we head into the new year, what are some of the listed companies to look out for? Our senior correspondent Teh Hooi Ling reveals her Top 10 list: First Engineering, Food Junction, HTL, Inter-Roller, Jurong Technology, Meiban, MFS, Sincere
        76 words
      • 79 2 SINGAPORE Airlines (SIA) may be scoring better than most companies in the region for corporate governance, but it still has "some way to go", a recent report by the Financial Times said. "The company does not have a set of board
        79 words
      • 48 2 WITH the mushrooming of low-cost carriers, 2005 could be the defining y&r for the Asian commercial aviation market. It could separate the men from the boys, not just among airlines, but also travel markets, airport operators and plane-makers. SINGAPORE NEWS. PG 8
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      • 82 2 WHEN Argentina declared three years ago a record debt default of more than US$lOO billion, the largest in history, dooms day predictions abounded. Today, its economy has grown by 8 per cent for two consecutive years, exports have zoomed, the currency is stable, investors
        82 words
      • 63 2 ON Friday, Malaysia raised excise duties on cars to make up for a cut in import taxes that was required under Afta. But it kept the 50 per cent excise duty rebates enjoyed by the national carmakers, Proton and Perodua. This contravenes Afta's spirit
        63 words
      • 30 2 CHINA will slap a 5 per cent tax on exports of aluminium from Jan 1 to keep the energy-intensive metal at home, a
        30 words
      • 65 2 IN the last few months, the Indian share markets have been inundated with foreign portfolio investment. Some US$7 billion has flowed in since the beginning of the year, despite the long hiatus that occurred when there was a surprise change of
        65 words
      • 71 2 THE most powerful earthquake in 40 years yesterday triggered massive tidal waves that slammed into coastlines across Asia, killing more than 6,000 people in Sri Lanka, India, Indonesia. Thailand and Malaysia. The US Geological Survey's website recorded the magnitude 8.9 earthquake off the
        71 words
      • 81 2 GLOBAL market watchdog group lOSCO has set out a code of conduct for credit rating agencies that it says will strengthen investor and market confidence in the rating process. Both the European Parliament and US lawmakers have raised questions about the
        81 words
      • 77 2 PHILIPPINE President Gloria Macapagal Arroyo (above) said her government is determined to operate Manila's new international airport terminal it seized from a consortium last week after arbitration talks in Singapore and Washington bogged down. Manila resorted to taking over the disputed US$65O
        77 words
  • Page 2 Advertisements
    • 55 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business ragisfration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: SbnomeToh T+66 0636 3382 F:+6s 6635 3891 E 24 Raffle* Place,
      55 words

  • Page 3 Advertisements
    • 174 3 The /b\ product for year 2005 Pamper those you care Cleaner Air! The ANTIBAC air purifier uses patented 21st century encapsulation technologies from Germany and comes with 17 types of fragrances. It not only removes air contaminants and maladours, but also eliminates harmful germs and bacterias. 4 Assorted Air Purifying
      174 words
  • COMPANY NEWS
    • 592 3  -  It's only a matter of days before the old year goes out. And give or take a week or two, investors will be back from their holidays ready for a spot of serious investing. With that in mind, JOYCE KOH takes a look at what
      BLOOMBERG, FILE PHOTOS  -  592 words
    • 894 3  -  HOCK LOCK SIEW By R SIVANITHY THIS time last year, our out-, look for the Singapore market went along these lines: a decent first six months as momentum from H2 2003 carried into the New Year, followed by a difficult
      894 words
    • 964 6  -  Going into 2005, the odds are good that the smaller companies will outpace their bigger counterparts, provided they can continue to show good growth. By TEH HOOI LING STOCK-PICKING is an extremely hazardous under- > taking. The world is moving faster than
      964 words
    • 467 6  -  It fails to set out correct procedures on a range of issues By DANIEL BUENAS SINGAPORE Airlines (SIA) may be scoring better than most companies in the region for corporate governance, but it still has "some way to
      467 words

  • SINGAPORE MARKETS
    • 718 4  -  STOCKS R SIVANITHY Senior Correspondent HAVE tney nnished with their win-dow-dressing yet? Or, at around the 2,050 mark on the Straits Times Index. has tt all been completed? Does the same apply to the small caps, many of which have rallied over the
      718 words
    • 355 4 CURRENCIES AFP [HONG KONG] Asian currencies were up against the US dollar over the week, reflecting the global weakness of the greenback. Japanese ytn: The yen moved narrowly against the dollar during a holi-day-shortened week here. The Japanese currency stood at 103.73-76 to the dollar
      AFP  -  355 words
    • 88 4 Investor events to watch out for Freight Links, EGM, Dec 27 Adroit Innov, EGM, Dec 27 Hup Seng Huat's dividend payment, Dec 20 $$THldg's dividend payment, Dec 2S SPfrs dividend payment, D,c f. Int-RWfter's Rights Issue, Ex-dafs,Dec 2S Miyoshi.AGM, Dec 29 Dayen Env, AGM, Dec 30 Digiiand, AGM
      88 words
    • 349 4 Nf—t h Mi Pay PtyaMnt Ei lookx Pay rt— lets) data df frh AW »l www It f 14N 31-Jaw <B-f<b Ifrfab Roty Intl USIOc I 0.53TA »Oec M-iw 12-Jw A*aPatofHIC15c I tefcl.UA 2H)ac 31-0«c 25-Jan linbCBrplnd2St S S-OH 23-0ac 2frQac 07-Jm Ait/ataodPiup f Mi 2Mat 03-iw (B-f*
      349 words
    • 366 4 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Dec 24 VALUE CLOSE IT OB/OS 351.00 +199.00 BT CADI -*****.00 ♦152.00 BT 10-day MA -*****.00 ♦36.00 All-SG Equrtlf 527.61 +1.76 5G Equities Elect 157.36 +0.81 SG Equities Fin 1624.67 -2.14 SG Equities Prop 511.41 +8.22 SIMSCI 245.36 +0.55 SiMSCI
      366 words
    • 1063 5  -  TEH HOOI LING Senior Correspondent 1A/ HAT# 1111 difference a wee^ makes. Prior to last week, the Second-liners were a much ignored bunch ip the stock market. And many investors were resigned to the fact that their small cap portfolios would end the year with
      1,063 words
    • 1145 5  -  INSIDE MARKETS Insiders in the Singapore market have been on a bullish pace since November, says ROBERT HALILI ROBERT HALILI BUYERS continued to dominate trading in December. There were 35 shareholders of 33 firms recording 50 acquisitions worth $24.4 million versus trades worth $6.3 million
      Source: Asia Insider  -  1,145 words


  • Page 6 Advertisements
    • 578 6 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 MTNC ttS»or HANNNMWMKimW LIQUIDATION) NOIICE OP RESOLUTIONS AtonfanamßeMy GanarelMoellag of the of tfoa obovondmed oonpony (JgL I 1 JI.<J t unkuiiiu ana npa a> d lOflOedHlyM«"»inM «e» passarf by al pmroni tntidtd to volt EESOBMSc'3 1. ThdtSeGeeiaamrbewouadupsoluntarily *Wjjiy»?W( IXh) Of*. Companies
      578 words
    • 442 6 INTHEMATmOrTHE i LIQUIDATION At w hx inordinary General Media* of *B Company convened and held d 151 Chin Swee Road. #02-12 Manhattan Houae, Singapoß 169*76,0n the 22ndday of Deccaifccr, 2004. Ike following moiutioM wui duly poised: r K Ii SFBCIALRESOLtrnQN-WINDING-UP Thai the Company be wound ap paraaaot to Section 2MKIXb)of
      442 words
    • 526 6 hi (he matter ot The Companies Act, Cap. 50 V- In the Matter al IVBtSQN CDUCAIION OROUP PTE. LTD. (Company No. 2OOXOMMD) s, w a^r COMMNY'S INABIUTY TO CONTINUE BUSINESS BVREASON Of ITS UABIUDES I, KOH KM HUAT of 3 NormaMon Pari *21-171 Narmanton Park Singapore *****0, hMhC No *****424
      526 words

  • VIEWS FROM THE TOP
    • 852 7 THIS WEEK'S TOPIC What should Singapore companies do to develop and promote their brands in the international marketplace? How, if at all, can the government help? Local companies need to command brand loyalty in their own country before gaining recognition abroad. And branding takes time, effort and
      852 words
  • Page 7 Advertisements
    • 91 7 BT CEOs e-Club Moini.His.of the BT CEOs e-C!ub are Singapore s top corporate leaders whom BT editors would like to interact with in an atmosphere of informality and trust. This club is a virtual one, with interaction mainly via e-mail. Each week, we will invite comments from these top executives
      91 words

  • SINGAPORE NEWS
    • 1466 8  -  AVIATION: OUTLOOK 2005 Airlines, the travel market and airport operators will all feel the heat By VEN SREENIVASAN THE coming year will be a critical one for the Asian aviation sector. It could be a year when more low-cost carriers (LCCs)
      Source: Bloomberg  -  1,466 words
    • 421 8  -  By DANIEL BUENAS IN A move that is aimed at gaining further market share in the lucrative prepaid phone card market, telecoms operator Star Hub said last week that it has launched a loyalty programme for its Star Hub Green Prepaid customers. Called Top-up
      421 words
  • Page 8 Advertisements
    • 90 8 I Who Is the I I Top Seller I lof Private I I Residential I I Properties I I I Where to wine, dine and entertain... '""j}? 6831 4373. 4L iMfer** ioßfissa&£r j| Wine Culture (Te1:6462 1129) T In\ «1 W7* r\ 1. •il TV nl n -litfr Purchase an
      90 words
    • 85 8 Le Jrench Restaurant f Open to Public I Goose Liver $16.50 1 Escargot $10 I Lamb Loin $18 I Come enjoy a Semi-Buffet Lunch 1 spread of soup, salad dessert at only I $3.00 with every order of main course. New Year's Eve Special I Cs* Lake Front Dining I
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    • 12 8 f |r»joy.vqLi*irvsds daly fcty o nme.o^yw toffff/ ito MBI-Onl^ p^lmotncoufMa WjPP^i «««gjh
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  • ECONOMY WATCH
    • 1363 9 Economy has grown 8% for past 2 years without adopting IMF measures NYT [BUENOS AIRES] When the Argentine economy collapsed in December 2001, doomsday predictions abounded. Unless it adopted orthodox economic policies and quickly cut a deal with its foreign creditors, hyperinflation would surely follow,
      NYT; REUTERS  -  1,363 words
    • 681 9 AFP [BEIJING] When Venezuela recognised China's status as a market economy last week, Beijing secured yet another pawn in a low-key battle it is waging against the United States and Europe, analysts said. It is a battle for the two dominant powers
      AFP  -  681 words
    • 745 9 Major part of talks hangs on opening the Viet market AFP [HANOI] Some still have their doubts, but Vietnam is refusing to give up its ambitious bid for World Trade Organization entry by the end of 2005 by forcing through a slew of
      AFP; REUTERS FILE PHOTO  -  745 words

  • BT-CITIBANK YOUNG INVESTORS' FORUM
    • 627 10 Source: The Citicank Guide to Building Personal Wealth LAST week we took a look at some of the basic definitions and issues involving credit cards. This week, we look at why you should consider using credit cards* tips on making full use of your cards,
      Source: The Citicank Guide to Building Personal Wealth; Illustration by Choo Hua Keong  -  627 words
    • 818 10  -  CAMPUS LIFE Former BT journalist SERENA NG, now on a masters' programme in business and economic reporting at New York University, writes about what it's like to be an intern all over again in America SERENA NG, THERE were days when I was bored to tears,
      818 words
  • Page 10 Advertisements
    • 251 10 Be smart with your finances FANCY becoming the next Warren Buffett 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
      251 words

  • MALAYSIA/INDONESIA
    • 632 11  -  MALAYSIA INSIGHT Protecting the domestic industry could invite retaliation S JAYASANKARAN KL Correspondent FORMER Malaysian I prime minister MaI hathir Mohamad once suggested famously that one of the reasons why Malaysian car prices had to remain high was because people had to be dissuaded
      632 words
    • 350 11 AFP [JAKARTA] Indonesia's economy has been given a real boost by recent promises of financial reform but a controversial ruling that bars foreign investors from the country's struggling power sector could shortcircuit efforts to pull fat vital overseas cash. The decision by
      AFP  -  350 words
    • 247 11 Reuters [KUALA LUMPURJ Malaysia's biggest power firm. Tenaga Nasional Bhd, plans to lower its gearing by cutting capital spending and a possible share sale, its chief executive said late last week. Over the next five years, Tenaga wants to cut
      Reuters  -  247 words
    • 8 11 Compiled by Thomson Financial I/B/E/S
      8 words
    • 570 11  -  Major drive to draw tourists from Middle East to city By PAULINE NG in Kuala Lumpur IN an indication of how significant the Middle East market has become to Kuala Lumpur, the capital city says it is considering a policy around
      SHOPPING MALAYSIA  -  570 words

  • GREATER CHINA
    • 691 12 Move will depress global supply; tax also levied on copper, nickel Reuters [SHANGHAI] China will slap a 5 per cent tax on exports of aluminium from Jan 1 to keep the energy-in-tensive metal at home, a cabinet official said, depressing supply on global
      Reuters  -  691 words
    • 214 12 AP [BEIJING] A businessman has been sentenced to life in prison and his wife to 14 years behind bars for stealing 420 million yuan (Ss62 million) in China's secondbiggest bank fraud since the start of communist rule in 1949, a news report
      AP  -  214 words
    • 793 12 Reuters [BEIJING] China's blushing brides-to-be follow simple rules when shopping for diamond rings. "The bigger, the better, of course!" said May Yi, a Beijing professional visiting a jewellery store here with her fiance. The idea that diamonds symbolise a lifetime of love has
      Reuters; REUTERS  -  793 words
    • 256 12 Xinhua [BEIJING] Chinese Minister of Commerce Bo Xilai has vowed here at the ministry's national conference that next year China will make better use of foreign capital to help upgrade industrial structure and technological innovation. According to Mr 80, China will boost
      Xinhua  -  256 words
    • 873 12 In a bold move, it will shift its headquarters to New York, where IBM is based NYT INSIDE the shimmering Beijing headquarters of the Lenovo Group, China's largest computer maker, workers are carting birthday cakes over to three office cubicles. These days,
      NYT; REUTERS  -  873 words

  • INDIA
    • 299 13 Reuters [NEW DELHI] Tata TelesCTvices Ud. India's nationwide presence in 18 networks hi the world's addfay^.OOOusersi^ UllvC MU Wviv tjf Mi pull muu. 500 towns mw, and the J number will double by end-March, Mr Boee said. The company, which competes with
      Reuters  -  299 words
    • 712 13 LIANCE SAGA Mukesh's offer helps boost share index to record high Reuters lmumbaij investors nope a which has weighed onmarkets wUI surrender a stake in a group Arm. f' Indian shares hit record highs last Friday after Mukesh Ambani offered to
      Reuters; REUTERS FILE PHOTO  -  712 words
    • 265 13 Bloomberg [NEW DELHI] India's cabinet deferred a decision on changes to patent rules that sought to enforce stricter measures to stop the copying of patented medicines, agricultural chemicals and food products. "Various options have been discussed to meet our obligations." Trade Minister Kamal
      Bloomberg  -  265 words
    • 829 13  - India —a boom in the making NEWS ANALYSIS A very big wave of private investment is building up in the economy and all the portents are good By PHEN SHANKAR JHA N THE last few months, the In- dian share markets have been inundated with foreign portfolio investment Some US$7
      829 words
  • Page 13 Advertisements
    • 783 13 SGA SOCl£T£ G£N£RALE ACCEPTANCE N.V. (Incorporated in the Netherlands Antilles with limited liability) NOTICE TO WARRANTHOLDERS To: AH Holders of 12,000,000 European Style Cash Settled Call Warrants relating to the ortfnary shares of SembCorp Logistics limited ("SCL") issued by SGA Soci6t6 Generate Acceptance N.V. expiring on 25 April 2005 (the
      783 words
    • 461 13 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER Of crystal shipowning co. pte ltd (In Monibors' Voluntary liquidation) C*. Rag. No. *****3905 C NOTICE OF RESOLUTIONS At on Extraordinary General Meeting of the Company held at 1 Hofbowrffowt Avfnut, 11-01 Klppel Ray Towar, Singapore *****2
      461 words
    • 485 13 IN THE MATTER Of THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF TRIUTH SHIPPING PTE LTD fin AA L I i—. t J ~I |tn TWUIRUI J LN^VKJUTIOtlj Co Rag. No *****0559K NOTICE Of RESOLUTIONS At on Extraordinary Gonaral Maating of tha Company held at 1 Harbourfront Avenue,
      485 words

  • ASIA-PACIFIC
    • 817 14 Huge tidal waves devastate beaches and islands from Sri Lanka to M'sia, killing thousands AP. AFP. Bloomberg Reuters [COLOMBO] The most powerful earthquake in 40 years triggered massive tidal waves that slammed into coastlines across the Bay of Bengal yesterday, killing more than
      AP.; AFP.; Bloomberg; Reuters; AFP  -  817 words
    • 228 14 [SINGAPORE] Singapore Prime Minister Lee Hsien Loong said yesterday he was shocked and saddened by the extent of the earthquake's destruction*anti the large number of casualties in the region. He said that Singapore is ready to help with relief and rescue efforts
      228 words
    • 991 14  -  JAPAN: OUTLOOK 2005 A 'double vice' could result as exports slow By ANTHONY ROWLEY in Tokyo FOR more than two years up to the early part of 2004, Japan enjoyed its strongest economic recovery in more than a decade. But then growth
      991 words
    • 307 14 Bloomberg [BANGKOK] Asia Credit Pel and Thai Keha Credit Fonder were granted banking licences by the Thai government, bringing to five the number of new permits approved this year as part of financial industry reforms. The new licence winners must start
      Bloomberg  -  307 words

  • WORLD
    • 553 15 Moody's, Fitch and S&P welcome code, saying they already comply with it to a large extent Reuters [LONDON] Global market watchdog group lOSCO has set out a code of conduct for credit rating agencies that it says will strengthen investor and
      Reuters  -  553 words
    • 338 15 Bloomberg. [DELAWARE] A Trump Hotels Casino Resorts shareholder is suing billionaire Donald Trump and four other directors over the company's proposed plan to exit bankruptcy, saying it unfairly favours him as majority holder. Holder Ariel Holdings said in a suit filed
      Bloomberg.  -  338 words
    • 301 15 State AG vows to continue probes into existing businesses NYT [NEW YORK] Attorney General Eliot Spitzer of New York state said on Saturday that he did not intend to cede to the federal government any of his existing or previous investigations into business practices.
      NYT; REUTERS  -  301 words
    • 494 15 Fur sales expected to rise 15% to US$2.1b this year Bloomberg [ATLANTA] Mitch Reily, a retired medical researcher, was so impressed with the latest styles of fur coats that he recently bought two: a full-length U553,500 mink coat as
      Bloomberg  -  494 words
    • 187 15 Bloomberg [ROME] Wells Fargo Co emerged as the single biggest creditor of Parmalat Finanziaria SpA after the judge overseeing the dairy company's bankruptcy issued a final ruling on more than 25 billion euros (Ssss billion) in claims. Wells Fargo, the fifthbiggest US bank,
      Bloomberg  -  187 words
    • 403 15 Bloomberg [NEW YORK] The US Securities and Exchange Commission (SEC) dropped a claim against Walt Disney Co chief executive Michael Eisner, freeing him from a settlement the company reached with the agency earlier this week over disclosure violations, people familiar with the matter
      Bloomberg  -  403 words
  • Page 15 Miscellaneous
    • 324 15 CRYPTIC CROSSWORD ACROSS [1 |2 p [4 WKS [6 |7 |8 1 Revolutionary transportation 5 Bromide with tea, say, is rum Hi H combination (6) 9 Wild animal's shivering catching a cold (8) 10 Organ stop hollow and thin -prto the ear (6) H 12 Support for the NHS? (9)
      324 words

  • AVIATION
    • Article, Illustration
      52 16 [TOULOUSE, France] An Airbus super jumbo A3BO is pulled on the tarmac for tests in Blagnac, near Toulouse, on Friday. TheA3Bo. which is set to become the world's biggest commercial airliner, is to be officially presented on Jan 18 at Blagnac airport, about two months before its maiden
      AFP  -  52 words
    • 269 16 Bloomberg [NEW DELHI] India will tighten security at airports after an antenna was stolen from Mumbai airport, the nation's biggest, leading to delays in take-offs and landings. "We are seriously reviewing airport security," Aviation Minister Praful Patel said in New Delhi.
      Bloomberg  -  269 words
    • 508 16  -  It says consortium will be paid 'fair and just' compensation By AL LABITA PHILIPPINES President Gloria Macapagal Arroyo said her government is determined to operate Manila's new international airport terminal it seized from a consortium last week after arbitration talks in Singapore
      508 words
    • 187 16 Reuters [BELJINGIA man who tried to hijack a Chinese airliner, threatening to commit suicide if the pilot did not divert the flight to Taiwan, was subdued and the plane landed safely, state media said yesterday. Passengers had thought the man was drunk, but the
      Reuters  -  187 words
    • 118 16 Bloomberg [TOKYO] Japan Airlines Corp, Asia's largest air carrier by sales, has sought government approval for a surcharge that it wants to impose on tickets starting from Jan 20 because of the rise in jet fuel prices. The proposed surcharge will increase revenue by
      Bloomberg  -  118 words
    • 533 16 Reuters [WASHINGTON] Bankrupt US Airways late on Saturday blamed more than 300 cancelled flights and thousands of pieces of stranded luggage on the after-effects of a heavy winter storm and large numbers of workers who called in sick during the crucial
      Reuters  -  533 words
    • 385 16 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
    • 320 16 LAT-WP [ATLANTA] Airports that have smoking areas are putting the health of travellers and workers at risk, according to a federal report released last week, near the peak of the holiday season. Most of the nation's small airports ban smoking, but most large hubs let
      LAT-WP  -  320 words

  • SHIPPING
    • 637 17 Sadikoglu's firm involved in clearing Iraq harbours of sunken ships AP [ANKARA] Video footage aired on Saturday on Turkish television showed a prominent Turkish ship owner saying he and another man were being held hostage in Iraq. Kahraman Sadikoglu and ship captain Ahmet
      AP  -  637 words
    • 466 17 AP [ANCHORAGE, Alaska] Days after violent storms forced clean-up crews to leave a freighter that split apart, a salvage team returned to find the bow section had sunk, likely spilling another 176,000 gallons of oil near an environmentally sensitive area of Unalaska Island. Crews
      AP  -  466 words
    • 296 17 SGX 000 Dec 23 SS *1- Vol CH Offshore .0.37 -0.01 842 Chuan Hup.... 0.65 unch 227 Cosco Corporation 1.17 0.02 3567 CWT Distribution 0.60 0.01 104 Ezra Hldgs 1.14 unch 0 Freight Links 0.09 unch 301 Grand Banks Yacht 1.00 unch 57 Jaya Holdings 1.03 0.02 438
      296 words
    • 208 17 Xinhua [DHAKA] The number of accidents in the ship-break-ing yards in southeastern Chittagong port has increased significantly recently due to the lack of monitoring and modern equipment, and the employment of unskilled workers. One hundred and seven-ty-eight people were killed and 685 injured in explosions at
      Xinhua; AFP  -  208 words
    • 223 17 Bernama [BANGKOK] Industry Minister Pongsak Buktapongpisa has urged the Industrial Estate Authority of Thailand (lEAT) to prepare more port facilities to cope with an expected surge in vehicle exports to 400,000 units next year, according to the Thai News Agency. The agency quoted Mr
      Bernama  -  223 words
    • 308 17 Bloomberg [TOKYO] Kawasaki Kisen Kaisha, Japan's third-larg-est shipping line by sales, said it will promote as its president a career executive whose expertise is in marketing ships for carrying vehicles. Hiroyuki Maekawa, the 57-year old senior managing director, will replace Yasuhide Sakinaga as president
      Bloomberg  -  308 words
    • 413 17 Shipbroker Bassoe says it's due to rising oil demand Bloomberg [LONDON] Oil-tanker freight rates, which reached records this year, will stay "high" in 2005 because of rising global demand for crude oil, Oslobased shipbroker PF Bassoe said. World oil demand
      Bloomberg  -  413 words

  • 3442 18 STRAITS TIMES INDEX STOCKS I m a~ -ES-2 w o-y 0J9 t-WO *•»HO wot -M ZXB -OulBO ■LWIUSMt Q4B OMO OOK Ml. 10 13.700 !g 2 130 «f» aw>wiconria[» K* ♦Qjp um -MM MKH 1.17 W» -WHO t" 1 1 11 gc 1J» iab *<K> »«t 43* 1U»
    3,442 words

  • 3222 19 FINANCE COMMODITIES MORGAN STANLEY CAPITAL INTERNATIONAL INDICES tm teal on h SS M IKS %4y %dy %yt <ty Xyr DkM IndM Oany Oany Oawy Oaity Chut Qmut World Index Prefcninary 850.0 02 92 04 04 03 122 Wtftftnwmy »t 03 ii7 M OS HI IPS Europe Preliminary ***** 0* M
    3,222 words
  • 965 19 COMMODITIES: WEEKLY ROUNDUP AFP [LONDON] World oil prices tumbled last week after a surprise rise in US crude stockpiles eased worries about low supplies amid cold snaps in key markets. Metals benefited as the US dollar plummeted to fresh record lows against the
    AFP  -  965 words

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      1,424 words
    • 987 21 WEEKLY EXPRESS SAILING SCHEDULE ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICD POINTS VtSStt VOT SIN PJUANG COiOMtO N. SHIVA COtOWO PACIFIC QUEST DOO2W 20 DK tl DK 2S DEC 28 DEC 31 DEC KOTAfBWHA YPWOSS 27 DEC 29 DEC 01 JAM 04 JAW 07 JAW INDIKA GANDHI 0089W 03
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    • 798 22 IAXAI WALLENIUS WILHELMSEN website: http://www.2wfllobal.tom [VESSEL I VOY RAMP LBC WUO HOU* MIA SAV »AL ORE HYC IW MOO TAMPA AfSOI 4201 ms 6.4 M I 01/01 26/01 04/02 11/02 12/02 14/02 14/02 11/02 08/02 TARAGO AFSO2 320fc« 6.4 M I 11/01 10/02 19/02 26/02 27/02 04/03 02/03 06/03 23/02
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    • 635 22 BSA I| ®Esf l, T@slPlfsW!lll l sfsriTs99^^^F MYANMA n FIVE STAR LINE (Myoiinar National Line) Loading for Yangon VESSEL VOY SIN PKI PEN PGU PAGAN 3JBW SIB SLD HPA-AN 330W SID IN MALAYSIA: lOUSTEAD SHIPPING AGENCIES KUL/PKL: 03-*****3 M PEN: 04-2633*1 S JHHiL ACCEPTIN6 CONVENTIONAL C6O HKG SIN HNG SIN
      635 words

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    • 338 23 I cQnierasia Jllnes Ifwfl&TTZ.l!r.l«idhi■.»■ 1 I —ui— j n .BP 'l ■uij]!2[2£l2[|j!f2|<T2J2flQi!|Wp^ mww sos not 3i/ii w/ii u/ii tyii i7/i! n/JnWH WI Rl W WwiM HOW SKI 15/11 M/ll V/II H/12 M/ 12 11/1J 17/*****/12 MXNMIM lg/12f Ml IW 0/11 MEMOT 5115 15/17 11/12 IVll 15/12 14/12 21/12 H/lllv» *»WW
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    • 81 23 II n> ll 1— 1 WW H ZSffSSEnwnEue wmmmiii wmjwi| mm JtLjllMl |K Hill MMM| MMI "^V &MSBWINHR MJtMMMffiVMviffn SSSSSZew Imtmrmaim -SfflMBS utiiwi ma, mwwokji aw, mm mm-mm .•'M' t r P*|"« an* M/ILTQW Ml 8U67 B/IMW M iMhiiif iwa ißijwi w imi iwdwi SSbraffsnr SBSSBESSd2UB M AVANT SHIPPING LINES
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      450 words


  • BizIT
    • 719 25  -  <cool stuff> ROLAND LIM tries out a Motorola E1000 36 handset on a 3G service provided by MobileOne ROLAND LIM WITH the hype surrounding 3G, and with all three telcos ready to offer their wares, should you buy into it right
      719 words
    • 497 25 AFP [NEW YORK] It can store 10,000 songs, weighs mere ounces, slips easily into a pocket, and has flown off the shelves as one of the most desirable Christmas gifts of 2004: Apple's iPod digital music player seems to be every hip youngster's favourite stocking
      AFP  -  497 words
    • 339 25 Bloomberg [AMSTERDAM] Equant NV, the unprofitable operator of the world's biggest datacorn network, named Charles Dehelly as its new chief executive officer, the second replacement in 18 months, after Daniel Caclin resigned. The Amsterdam-based company, which has posted losses for the past
      Bloomberg  -  339 words
    • 643 25  -  <you say> If you're a local firm that wants to do business with a company in the US, you may need to ensure that you comply with this Act PETER ROBILLIARD SARBANES-OXLEY is legislation that most Singapore-based companies haven't spent a great deal of time exploring. Many
      643 words
    • 343 25 Reuters [TOKYO] Japan's NEC Corp is confident its mobile handset sales will climb 45 per cent in the OctoberMarch period from the previous six months, hitting its target of 14.7 million units for the full business year. Hitting that target is
      Reuters  -  343 words
    • <what's up>
      • 58 25 TAIWAN-BASED Digimaster has released two new digital cameras. The entry level POW3OO costs $249, uses a 3 megapixel Sony image sensor and a 3x optical zoom lens from Olympus. The higher-end 5 megapixel Q-shot 500 features 3x optical zoom and a fast startup time of a second,
        58 words
      • 57 25 US-BASED Cipher Trust Inc has released its anti-spam and anti-virus Iron Mail S-class series of appliances targeted at companies with 1,000 or less employees. The products feature Cipher Trust's proprietary Iron Mail Spam Profiler technology that is found in its enterprise-class products. Prices start at
        57 words
      • 46 25 TREND Micro Inc has tied up with Microsoft's MSN to provide anti-virus protection for Hotmail users. Trend Micro will scan and clean viruses detected in e-mail attachments that are sent or received by Hotmail users. For details, visit www. trendmicro. com.
        46 words
      • 65 25 MICROSOFT Corp said its Business Solutions Group has added 70 per cent more SME customers in the past six months, bringing its SME customer base to 4,900 in the Asia-Pacific region outside of China and Japan. The company said it has also added 27 per cent
        65 words
      • 56 25 REGISTRATION for Microsoft's third Imagine Cup, a global tech competition for students, is now open. A total of U*****,000 prize money is available for winners. Candidates can compete in up to nine categories, including web development in ASP.NET, visual gaming and writing a tech
        56 words
      • 47 25 SGX-LISTED SCS (Singapore Computer Systems) has selected Borland's ALM (application lifecycle management) suite after a six-month evaluation period. The solution will help SCS integrate all stages of the application lifecycle from definition, design, development and testing, to deployment and maintenance, the companies said.
        47 words
      • 75 25  -  Compiled by ROLAND LIM ILLINOIS-BASED Terrazon Semiconductor said its FaStack process for manufacturing semicon wafers is now available. The process employs a 3D technology that can produce wafers which consume only a tenth of the power of current wafers which are made with 2D technology.
        75 words
    • 768 26  -  Shipments of multi-function printers will grow 27 per cent to reach 164,000 units in 2005, and for the first time overtake shipments of single-function printers. ROLAND LIM reports ROLAND LIM MR am OVG aside, printers. Here come the n Mm all-in-ones, which can
      Source: IDC Asia Pacific  -  768 words
    • 407 26 Xinhua, Reuters (BANGKOK] Spending on infocomm in Thailand is expected to jump 17 per cent to US$9.3 billion next year, according to IDC Corp. The value of IT expenditure will grow 11.8 per cent to U552.56 billion in 2005, while spending on
      Xinhua, Reuters  -  407 words
    • 571 26  -  Automation starting to replace customisation By RAJU CHELLAM THE automation of infotech infrastructure services and business processes is set to create significant job losses in the developed countries next year onwards, according to the latest study from Gartner Inc. As automation begins to replace
      571 words
    • 319 26 Bloomberg US President George Bush signed into law a bill to speed computer subsidies for schools and libraries and spend US$ 1.25 billion on equipment that would help police find cellphone callers in emergencies. The measure "strengthens the ability of Americans to use the
      Bloomberg  -  319 words

  • Page 26 Advertisements
    • 66 26 1111 ji JHB^^W^MMM^M L#J Authorized Distributor. Dealer AV-Science Marketing Pte Ltd Office 1 Pte Ltd —mt^F'mnm "x 3 u PP® f Aljunied link Block B (subsidiary of NTUC Forpnc*) .■»ua.lii»" I j #08-06 Joo Seng Warehouse The Funan IT Mall Singapore *****2 #05-25/32 Tel: +65 *****322 Fax: +65 *****511 Singapore
      66 words
    • 19 26 &lt;COOL STUFF&gt; Roland Lim tries out a Motorola ElOOO 3G handset on a 3G service provided by Ml. PG2S
      19 words