The Business Times, 16 August 1999

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Total Pages: 42
1 42 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 'MIVUftH 85e SINGAPORE Internet: http://business-times.asia! .com.sg/ MONDAY, AUGUST 16,1999
    14 words
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  • 76 1 ran ii iii) L'St S$ USI 1.(74 I (UStfSlperS) L614 1701 EUHOflJSVSS PER E) 1.017 1.786 DM LOS .0.913 mi 1MJ..„_L1.«7* KM IJM 0.441 BU 7.7B .0110 BAHT 37 JC .0.044 RUHAB 7,956 0.021* *SS to 100 units FUME BATES SINGAPORE* 5.80 KUALA LUMPUB 7.28 JAKAKlfc 40.00 BANGKOK 10.00
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  • 760 1  -  Move means car buyers go to back of creditors' queue By< Christopher Tan [SINGAPORE] Auto Asia, the distributor of Korea's Kia cars, has been put under receivership. This may mean that hundreds of buyers who are waiting for a refund on
    760 words
  • 1204 1  -  After the mergers, May bank will retain pole position, with Mnlti-Purpose Bank a close second From Eddie Toh in Kuala Lumpur CHEW Peng Cheng, managing director of Wah Tat Bank in Sarawak, has been a successful banker in Sibu despite
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  • 458 1  -  By Siow Li Sen [SINGAPORE] Banks are starting to woo depositors again in anticipation of further rises in interest rates. But borrowers need not worry too much as interest spreads are not expected to narrow rapidly. Peter Seah, president of Overseas
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  • Page 1 Advertisements
    • 264 1 dmpb r Acer's Net projects Taiwan's Acer Group expects well over US$l billion to be pumped into two new Internet-focused business groups ova* the next few years, says Stan Shih, its visionary chairman and CEO, Pg 17 Crisis Watch Asean needs an action scheme that nips the haze problem at
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    • 30 1 For banks to compete effectively, the ability to hire talent and harness technology is as important if not more so than size.9 PMir Biili| OUB president, on SM tor foreign
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  • SINGAPORE AT HOME & ABROAD
    • 272 2  -  EYE ON THE ECONOMY Foreign reserves By] Eugene Low SINGAPORE'S official foreign reserves at the end of July amounted to $127 billion, 0.9 per cent more than the $125.9 billion at end-June, latest figures horn the Monetary Authority of Singapore (MAS) show. Compared with a
      Source: MAS  -  272 words
    • 1149 2  -  SINGAPORE 1000 The current restructuring will bring more focus on F&B and property By Carol Eng Yea Hiap Seng is 279 th in terms ofsales on the Singapore 1000 ranking for 1998/99. The Singapore 1000 is published and ranked by DP
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    • 849 2  -  A concern is that most top scholars seek a public sector careen OUB's Seah By Siow Li Sen, Clarissa Tan SINGAPORE-BASED bankers yesterday endorsed Senior Minister Lee Kuan Yew's message that being able to tap from a global talent pool is crucial
      FILE PHOTO  -  849 words
  • Page 2 Advertisements
    • 46 2 Job fliert! More than 500 companies have over IJDOO jobs waiting for you (http://www.jobsdb.com JobsDß.com Inh r,u ti\< l\ll nuniii m mi, ,u The e Recruitment Network that keeps you posted on the jobs you're looking for! Absolutely Free. Tel: 861 1000 agency no: C *****1F
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    • 352 2 UNIVERSITY OF SOUTHAUSTRAUA^^^^ "Ranked Among Australia's Best Universities" w MBA Doctor of Bu«lw«« Administration li'iUJJM'I i«h. c^ T >^K„. o a Stopper 3rd InUfct« Nowwber 99_ BjMjjli monlhs on v: 100% in Min 2": years; Assessed by Coursework (50%) r|mr •12 modules plus a project; 312 seminar hours and Research
      352 words

  • FOCUS: THE AUTO ASIA SAGA
    • 689 3  -  Selling a 1.6-litre sedan for $20,000 less than the competition seemed like a good idea... Reports by Christopher Tan IT all started with an enticing, but otherwise seemingly innocent, advertisement in The Straits Times Classifieds "Kia Mentor for $59,900" that
      Compiled by BT; ARTHUR LEE  -  689 words
    • 712 3 Auto Asia's David Koh speaks about being wrong footed [SINGAPORE] David Koh entered the motor trade in the mid-1980s, starting his career with Porsche (which had a different distributor then) and Seat. He had left what seemed a successful stint at Japanese appliance
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  • Page 3 Advertisements
    • 51 3 .vagg; ft y;i »v- ■-x* I < •>•„•. msr HV SI ffl V M'rffly mm Mm il jH w JH v m m M t v BB BHI JM Cmm mm 11 ■3k —*——■———j§wi I s IB 1.1 BttMHUHHHBHiiMHHBHi II llflfclllll Illlil 1^'lllliia»lM»llillil~TlfrMLl'II »r ri Hmß I "I Mill ißlill
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  • FOCUS
    • 2049 4  -  A good command of standard English and tapping top talent from abroad will ensure that S'pore stays ahead of the competition: SM Lee We reproduce below the prepared text of the speech by Senior Minister LEE KUAN YEW at the Tanjong Pagar National Day celebration on Saturday
      Source: Bloomberg  -  2,049 words
  • Page 4 Advertisements
    • 217 4 a^-es a on g^ r time to pour our tea. That's how long it ta]«s to master c «i 1 nk«»n»«,., c;, L.. J r I Urder Sichuan lim bum at 01 and above a piece, straight mas n Bravl8 ravlt y they serve you our special blend from our
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  • ASIA ON THE MEND
    • 981 5  -  Such a move could upset the emerging economic recovery in the rest of Asia From, Anthony Rowley in Washington FEARS that China may be forced to devalue the yuan in order to offset mounting pressures on its economic growth are becoming more
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    • 308 5 Reuters [TOKYO] Japan's economy very likely shrank in the April-June period from the stunning growth of the Janu-ary-March quarter, and further stimulus measures are needed, Economic Planning Agency chief Taichi Sakaiya said yesterday. "As it follows a quarter of very high growth, a revised
      Reuters  -  308 words
    • 935 5  -  CRISIS WATCH Asean needs an action scheme that nips the problem at source By Vikram Khanna THERE'S a new mini-crisis in the process of erupting throughout the region one that we've seen and felt before. It's the "haze" from forest fires in Indonesia. The Jakarta Post
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  • Page 5 Advertisements
    • 5 5 Strait Talk TheßusinessTimes Shipping times
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    • 264 5 Loved ones abroad? From home news is The Straits Times (Weekly provides you a crisp summary of The Straits Times coverage of the week's happenings Singapore Asia. So, if you have loved Studying/working overseas, send them 'home'....on a weekly basis. Don't let them Miss It August being the month of
      264 words

  • THE REGION
    • 502 6 JAKARTA Golkar member to return controversial money today, says govt adviser Reuters, AFX-ASIA A CONTROVERSIAL 546 billion rupiah (*****.5 million) fee will be returned to Indonesia's PT Bank Bali today, a senior government adviser and top member of Indonesia's ruling Golkar
      Reuters,; AFX-ASIA  -  502 words
    • 81 6 [KUALA KUBU BARU] A woman hangs postcards with a "No Dam logo, which will be mailed to the government during a demonstration yesterday against the building of a dam in Kuala Kubu Baru, north of Kuala Lumpur. Some 250 people from nongovernmental organisations demonstrated
      AFP  -  81 words
    • 317 6 JAKARTA AFP AILING former Indonesian president Suharto's health was improving yesterday after his rushed return to an elite hospital ward with intestinal bleeding, a close associate said. "His condition is better than when he was admitted (to Pertamina Hospital on Saturday)," former vice-pres-ident Sudharmono
      AFP  -  317 words
    • 405 6 SINGAPORE Poor state of industry reforms to blame, says journal AFP PLANS by China's top oil producers to raise billions of dollars from listings in world markets are being undermined by the poor state of reforms in its oil industry, according
      AFP  -  405 words
    • 356 6 TENSION IN TAIWAN STRAIT Reuters [HONGKONG] The independent Sunday Morning Post newspaper said China's People's Liberation Army (PLA) garrison in Hongkong had been put on alert because of rising tensions between Beijing and Taiwan. "The 1,000 soldiers, sailors and aircrew guarding
      Reuters  -  356 words
    • 203 6 AFP [AMES, lowa] US Republican presidential frontrunner George Bush Jr said on Saturday that he might use force to defend Taiwan against aggression from China if he were elected. "We need to be very resolute about our position when it comes
      AFP  -  203 words
    • 659 7 KOREAN CORPORATE REFORM SEOUL Banks to release lOt won to meet flurry of cash calls triggered by Daewoo crisis AFP SOUTH Korea's government yesterday approved a request by financial firms for US$B.3 billion (5513.9 billion) in emergency funds to fight a flurry of cash
      AFP  -  659 words
    • 353 7 SEOUL Seoul court tells govt to pat the moves on hold nntil Aug 31 Bloomberg A SEOUL court has halted a government plan to nationalise Korea Life Insurance Co after the jailed founder of the nation's third-largest life insurer filed an injunction to stop
      Bloomberg  -  353 words
    • 157 7 BANGKOK Reuters CAMPAIGNERS battling to keep state-owned Bangchak Petroleum wholly Thai say they will submit letters to the government and Parliament next week to press their case, a local newspaper reported yesterday. The Nation quoted Narong Chokwattana, president of the Bangchak Lovers' Club,
      Reuters  -  157 words
    • 7 7 AFP
      AFP  -  7 words
    • 594 7 BOMBAY They are hoping next polls will provide a stable government AFP FOREIGN investors are hoping that next month's general election in India will throw up a government capable of deepening economic reforms and providing long-term political stability. India opened its economy
      AFP  -  594 words
    • 293 7 SEOUL Talks may restart after one-week sanctions delay AFP CREDITORS may put off imposing financial sanctions on South Korea's Samsung Group following the conglomerate's request for talks on the debts of its failed auto business, reports said yesterday. The request was made Saturday as
      AFP  -  293 words
    • 319 7  -  Queensland-owned Ergon signs 20-year gas purchase deal From', Brian Gomes in Sydney A GAS pipeline, 50 per cent owned by Petronas, to carry natural gas from Papua New Guinea to Queensland, has received a boost with the signing of a new gas supply contract with
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  • Page 6 Advertisements
    • 225 6 SUSQ w—*a i ■iiiihi i iII J AUSTRALIA m sth Intake: Oct '99 nD Jm WSJ" m mm H Project Management General Management rT Information Systems Doctor of Business Administration Human Resource Management USQ students enjoy excellent graduate placement (ratio 5 out of 5) as reflected in the Good Universities
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  • Page 7 Advertisements
    • 136 7 I =j Look To Our Culinary Masters' Heavenly Dishes ®r *t ■tits? HI w P*Mt From 13 to 22 August, two award- Bv HAI-TIEN-LO Winnin g cu,inai 7 masters of Cantonese cuisine will prepare a feast I of 10 heavenly dishes at Hai Tien Lo. Visiting Executive Chef of Hotel
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  • REGION/WORLD
    • 558 8 SEOUL The entire nation acts to save a local software company NYT IT was South Korea (the entire nation) versus Microsoft Corp. As Microsoft expands its dominance of the world's computer software markets, it has tried hard not to ruffle the feathers of
      NYT  -  558 words
    • 453 8 WASHINGTON Prices expected to be up 0.3% in July as investors bet on gmaii change Bloomberg THE US consumer price index, set for release tomorrow, may hold the key to the size of the Federal Reserve's next interest rate increase. For
      Bloomberg  -  453 words
    • 418 8 FRANKFURT Lower rates will jump start demand: US economist Reuters EUROPEAN Central Bank board member Tommaso Pa-doa-Schioppa and prominent US economist Paul Krugman are at odds over the right European interest rate level and the ECB's inflation target, two interviews showed
      Reuters  -  418 words
    • 260 8 LONDON Bloomberg BRITISH Airways Pic (BA), Europe's largest airline, may fire as many as 2,000 people to cut costs by £225 million (*****.4 million) a year, UK newspapers said. BA confirmed it will cut jobs, though it didn't say
      Bloomberg  -  260 words
    • 246 8 HONGKONG AFP AMERICAN news magazine Time has named Singapore's Senior Minister Lee Kuan Yew, Khmer Rouge leader Pol Pot, Japanese karaoke inventor Daisuke Inoue and exiled Tibetan spiritual leader, the Dalai Lama, among the most influential Asians of the century. The list contains
      AFP  -  246 words
    • 354 8 PARIS AFP THE French government on Saturday officially introduced a scheme to force retailers to display the prices paid to farmers for fruit and vegetables, in a bid to calm producers' fears of a pricing "racket". Under the scheme, to begin
      AFP; REUTERS  -  354 words
  • Page 8 Advertisements
    • 127 8 An MBA for executives on the move. The Henley MBA is designed for busy executives. Flexibility is the keynote: the programme is based on Henley's advanced distance learning methods including CD-Roms and a Lotus Notes based computer support system. The MBA is also supported by workshops and seminars held in
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  • EXECUTIVE LIFESTYLE
    • 574 9 PURSUITS As the Rosette Stone turns 200, more Britons are flocking to learn how to read ancient writing Reuters [LONDON] If a picture really is worth a thousand words, the people caught up in Britain's latest fad will have their work cut out for them this
      Reuters  -  574 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 833 9 CRYPTIC CROSSWORD 12 Keep quiet, showing embar15 Half of them support squeeze 21 Amid stream on Galway river 23 Cook a dinner with eg syrup 27 Body snatcher? He's looking for company (9,6) 8 Time to shuffle nonsense SATURDAY'S SOLUTION IXiWN y j 1 A bit of a short sharp
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  • BUSINESS IT
    • 684 10  -  Singapore ops will expand, starting with education services centre By, Kenneth James [SINGAPORE] It's all beginning to come together for Stan Shih, the visionary chairman and CEO of Taiwan's Acer group. "I've spent a lot of effort to make the
      CHRIS LOH  -  684 words
    • 562 10  -  New IDC study says S'pore sales will cross USsls4m by that year By Raju Chellam [SINGAPORE] Singapore will lead the South-east Asia region in sales of ERP (enterprise resource planning) applications by 2003 with gross revenues crossing US$l54 million (Ss2sB million),
      Source: IDC Asia-Pacific  -  562 words
    • 483 11  -  Bat fate of workers in manufacturing and distribution remains in balance By] Kenneth James (SINGAPORE] Compaq Computer Corp will boost its AsiaPacific sales team by adding specialists to push the company's high-growth products and services, Compaq senior vice-president Peter Blackmore told BusinesslT
      CHRIS LOH  -  483 words
    • 328 11  -  By' Toh Han Shih [SINGAPORE] The market for Internet security software will see robust growth in this region for the next few years, International Data Corporation (IDC) Asia-Pacific senior Internet analyst Richard Jacobson said. For the Asia-Pacific excluding Japan, sales of
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    • IT TAKES
      • 81 11 THE New Century Group and INPUT have produced a "Reference Guide to E-Commerce in South Asia". The 170-page guide provides an understanding of the current state of electronic commerce in South Asia, based on discussions with senior executives at 300 large and medium-sized organisations in the region.
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      • 50 11 MENTOR Graphics Singapore is organising its annual roadshow, Mentor Graphics Solutions Expo '99, on Aug 27 at the Grand Hyatt Hotel. The event will focus on showcasing Mentor Graphics' latest technology offerings on design. To register, contact Tracia Yap at 870 2807 or e-mail spsemreg@mentor.com.
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      • 41 11 NASDAQ-LISTED Ardent Software, a data management software company, recently opened its regional office in Singapore. The office will play an important role in the company's strategy to further its growth in South-east Asia, the company said.
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      • 81 11 INTERNET Business Expo 99 will be held on Sept 1 and 2 at the Singapore International Convention Exhibition Centre. BG Lee Hsien Yang, the CEO of Singapore Telecom Group, will give the welcome address. The keynote speeches and eMerchants panel discussions are free, but attending the
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      • 39 11 SHARP-ROXY Sales (Singapore) has teamed up with National Computer Systems to implement an online service to provide sales support for its photocopier and fax consumables like toners, rollers and cartridges. For more information, visit www.sharp.com.sg.
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      • 46 11  -  Compiled by Toh Han Shih UNISYS Singapore has appointed Kelvin Teo as sales director for both the public sector and transportation line of business. As sales director, Mr Teo will focus on developing strategies and opportunities targeted at government agencies and ministries.
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    • 263 12  -  New Enterprise Business Solutions Centre is first tech facility here for ERP Byl Raju Chellam [SINGAPORE] Andersen Consulting last week launched its Enterprise Business Solutions Centre (EBSC) here, and said it is Singapore's first state-of-the-art technology facility for ERP (enterprise resource planning) solutions. The centre
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    • 330 12 Los Angeles Times [WASHINGTON] Joining a crowded market of companies offering "free" computer products or services, Internet search engine AltaVista last week became the largest US company yet to offer Net access to consumers willing to look at targeted ads. A recent flurry of free-ISP
      Los Angeles Times  -  330 words
    • 502 13  -  Chairman expects annual growth rate of roughly 40% to continue in region •ty Toh Han Shih [SINGAPORE] Asia has returned to become software firm Computer Associates' fastest-growing market, after faltering during the financial crisis. Sales in China alone grew fourfold in the last
      CHRIS I.OH  -  502 words
    • 114 13 Bridge News [SAN FRANCISCO] A notebook computer version of Intel Corp's Pentium m, originally planned for release next month, now appears more likely to arrive in October or November. Intel officials have confirmed the new time- frame, but refused to give a specific ship
      Bridge News  -  114 words
    • 236 13 Bloomberg [NEW YORK] Citigroup Inc. the biggest US financial services firm, is spending US$5O million (SsB4 million) more than expected to ensure its computer systems are not troubled by the year-end date change to 00 from 99. The New York-based company, which includes
      Bloomberg  -  236 words
    • 207 13 Reuters fKUALA LUMPUR] Malaysia has launched the backbone of a high-speed Internet network which its builder, Cisco Systems Inc. called the fastest of its kind in the world. MIMOS Bhd, part of the Ministry of Science, launched the SuperJARING fibre optic backbone measuring more
      Reuters  -  207 words
    • 304 14  -  Products run on the Windows NT and Unix operating systems By, Andrew Wee (SINGAPORE] International Business Machines Corp has launched two software products that let companies design their e-commerce applications and offer secure solutions over the Internet. These products run on the Windows NT and Unix
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    • 748 14  -  Start-up will sell music over the Internet By' Toh Han Shih [SINGAPORE] Local independent bands can market themselves to the world through a local start-up, Disc Vault, that sells music over the Internet. Disc Vault can put a band's music
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    • 428 14  -  SAT IT! By Thompson Teo The writer is Information Systems Area Coordinator in the Department of Decision Sciences, Faculty of Business Administration, at the National University of Singapore IN THE global business environment, companies are continually looking for new ways to compete more effectively.
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    • 293 15  -  By Andrew Wee [SINGAPORE] Japanese giant Fujitsu Corp has launched two new high-end Plasma Vision Display Panels (PDP) in Singapore. Distributed here by Hagemeyer Singapore Pte Ltd, the two models PDS 4204 and PDS 4206 are targeted at advertising agencies and companies offering public
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    • 208 15 The models come with HP's Intelligent Scanning Technology [SINGAPORE] HewlettPackard Company last week launched three new colour flatbed scanners and said they incorporate HP's Intelligent Scanning Technology to boost image quality, improve task productivity and make the scanners easy to use. The low-end ScanJet
      208 words
    • 93 15 Bloomberg [SAN JOSE, California] An Olivetti SpA unit was barred by a federal court from distributing its Royal daVinci palm-sized computer, pending outcome of a copyright suit. 3Com Corp's Palm Computing Inc sued Olivetti last month, accusing it of infringing copyrights for the software used
      Bloomberg  -  93 words
    • ON THE SHELF
      • 83 15 FUJITSU PC Asia has launched Lifeßook E3BO (right), its newest notebook computer with its DMF (Dual Multi-Function) bays design. The left bay is for the battery or the floppy disk drive, and the right for DVD-ROM, second hard disk, or second battery. Targeted at corporate users, the
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      • 67 15 COMPUTER Associates International and EDS Inc have announced a desktop inventory tool to help companies pinpoint any remaining year 2000 (Y2K) vulnerabilities. The AimlT Y2K Edition combines EDS' Vendor 2000 database with CA's inventory software to create a solution to prevent as-yet-undetected Y2K problems from
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      • 64 15 DELL Computer has come out with the OptiPlex GXIOO PC (right), its lowest-priced desktop computer for corporate users, with prices starting at $1,589. A typical if configuration runs on Intel's Celeron 400 MHz processor and comes with the new Intel 810 chipset with 32 MB RAM, 4.3
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      • 76 15 SYMANTEC Corp has introduced Mobile Essentials 2.0, a tool used by corporate IT departments to create laptop configuration settings for every location to which end-users travel. These location profiles are created once and deployed to mobile professionals, cutting time users spend adjusting their PC settings to
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      • 54 15 COMPLEX Systems Pte Ltd has unveiled a pocket-sized Fast Ethernet switch which can support bandwidth of 1.6 gigabits per second in full-duplex mode. The P***** costs $406 and provides eight 10/100 ports and is ideal for small offices to work on a local area network environment
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      • 74 15  -  Compiled by Raju Chellam AUTODESK Asia has announced AutoCAD Architectural Desktop Release 2, with new productivity tools for architects, designers, engineers and building professionals. The software supports the entire architectural design process and comes with AEC (architecture, engineering, construction) objects to integrate conceptual design, development and construction
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    • dot com
      • 961 16  -  Fortune's technology editor, David Kirkpatrick, tells bajvcheulam which firms are most likely to win on the Net RAJU CHELLAM [SINGAPORE] THE big winners on the Web will be those companies which build the best combination of online and offline experience. That, in essence, sums up the
        SIEW YAW HOONG  -  961 words
      • 405 16  -  By, Andrew Wee [SINGAPORE] Homegrown wizoffice.com pte Ltd will help local companies use the Internet as an enabling technology and realise cost savings by automating traditional business functions. 'To a lot of companies, getting on the Internet means just a web page.
        405 words
      • Briefly.com
        • 74 16 ACCORDING to the Solid State Floppy Disk Card (SSFDC) Forum—a group of companies including Fuji Photo Film Co Ltd, Hitachi Maxell Ltd, Minolta Co Ltd and Nikon Corp —1.41 million Smart Media digital cameras are expected to ship this year, compared to 772,000 last year.
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        • 61 16 APPLE'S new ißook notebook is expected to be a hit in Japan, where the portable market accounts for 44 per cent of all PCs, says IDC. As a strong follow-up to Apple's G3 Powerßooks, the ißook is expected to force vendors to view
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        • 99 16 WITH palmtops fast replacing the leather-bound fllofax as the personal organiser of choice among mobile professionals, programmers have also scrambled to develop software for these portable gizmos. PDAcentral is a software archive for Windows CE palmtop users, 3Com Palm Pilot users, Apple Newton users and Psion
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        • 76 16 JAMMER 1.9 provides protection against hacker intrusions from hacking programs such as Netßus and Back Orifice 2000 which, according to the website, can delete your files, format your hard disk, steal passwords and credit card numbers. Jammer is claimed to be able to monitor network connections,
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        • 78 16 EXTENSIBLE Markup Language (XML) is a metalanguage a language for describing other languages—which allows users to customise documents for their businesses, such as hospitals or financial institutions. It also removes some of the constraints of hypo-text markup language (HTML) which is restricted to a pre-defined
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        • 72 16  -  Compiled by Andrew Wee THE Singapore Computer Emergency Response Team (SingCERT) has set up an information service page at www.Bingcert.OTg.sg/info_index.shtmL Users can check whether e-mail about "Join the Crew" and "Not a Joke" are genuine viruses or simply hoaxes. The site also provides links to
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  • Page 10 Advertisements
    • 41 10 Is this the recovery? Now the hard work begins September 2 3, 1999 Singapore EHLJ Accurate and timely tnarhet intelligence critical to steering your business through the recovery is essential, this is an event not to be missed. Conferences if. t>
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    • 111 10 Acer to invest USflb in two Internet units, Page 17 00:01 Ist of January 2000 What is it going to be I i Concorde AXAPTA* Software designed for Businesses of the new millennium. Implementation in under 3 months. Flexibility in design, adaption and workflows. |3| COLUMBUS BB ;g| W2l IT
      111 words

  • Page 11 Advertisements
    • 127 11 Protection -mB jR *|j&8l' The business world cen really eat you alive. Especially if your data is the appetizer. So protect yourself. Look for "DLTtape""" or the authorized DLTtape logo merk on all your backup drives and media. It says you're working with the true DLT"standard. It says you've got
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  • Page 12 Advertisements
    • 431 12 7 ?a s Hp^^H|B 1' ,-V^H nt J|feaj& 11 Mfc- I- *m^M CXaCI Call liTipiGfliGnt 3 "oiooinoic midrange ERP solution for you. our solution paves the way to higher productivity and profitability within of months or years. Our software is modular, affordable, reliable, fast to Implement and easy to use.
      431 words

  • Page 13 Advertisements
    • 242 13 N$W www.you-can-do-more.com .sg Y2K's coming. Don't just sit there. i fUjPWiPjjr^ i r 4 It'll be the end of the world if you lose your data. And that could come with the new millennium, or computer fflHB crashes, or accidental deletion, or even a virus. In short, if you haven't
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  • Page 14 Advertisements
    • 307 14 COME www.you-can-do-more.com.sg More connected.' The new Palm V Organiser. Slimmer. Sharper. Ready to take charge. Ifs smaller, -Au 1 addresses, appointments, jot down thoughts the moment DISPL>Y they occur. With one touch of the Hot Sync* lunni(m button, your Palm V organiser and computer are ANOOISED ALUMINUM CASE synched and
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  • Page 15 Advertisements
    • 114 15 T#DAY www.you-can-do-more.com .sg j i Look for our seal of before you buy a software solution. j I Ifll C I 1 Oracle Certified Solution Partners give you the reassurance you need. Our partners go through a stringent process to ensure they know our products and services as well as
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  • COMPANIES & MARKETS
    • 540 17  -  S'pore operations could play role in Web move, says chairman Shih By: Kenneth James [SINGAPORE] Taiwan's Acer Group, whose mainboardlisted subsidiary Acer Computer International (ACI) last week announced a sharp surge in interim net profit, expects well over US$l billion (551.67 billion)
      CHRIS LOH  -  540 words
    • 586 17  - Current dips look good for contrarians Economic, political developments could torn for the better soon HAVdSHMOnrSIGHT By Quak Hiang Whai IF you are a true-blue contrarian, the best time for you to accumulate quality stocks must be at a point when there are little or no reasons to buy them.
      586 words
    • COMPANIES
      • 337 18 The 1999 half-time reporting season is now into its fifth week. We reproduce below all the 13 interim corporate results that were released last week. They were from companies with Dec 31 as their financial year-end. Group results for the six months
        337 words
      • 164 18 As of yesterday, 50 SES-listed companies had released their financial results for the six months ended June 30,1999. They recorded a combined $2,431.0*11 in group profits, up 60.8% over the same period last year. Excluding the 5 foreign companies listed on the local bourse, the increase was 98.4%
        164 words
      • 846 18  -  Stronger Ss, China tensions weigh on regional plays By' Wong Wei Kong [SINGAPORE] Foreign currency stocks fell last week like the rest of the market but by a bigger margin. The BT portfolio of nonSingapore dollar stocks lost 6.4 per cent over the week,
        846 words
      • 413 18 It targets record sales of 1.25 m vehicles this year Bloomberg [SEOUL] Hyundai Motor Co, South Korea's largest automaker, said it returned to profitability in the first half as the country's economic recovery boosted sales. Profit was 110.2 billion won (Ssls3
        Bloomberg; FILE PHOTO  -  413 words
      • 359 18 First-half earnings only half what was expected doe to sale of anto business Bloomberg [SEOUL] Daewoo Heavy Industries Co, the world's sec-ond-largest shipbuilder, said first-half profit almost halved after the sale of its vehicle business. Profit fell 48 per cent to
        Bloomberg  -  359 words
    • INTERNATIONAL COMPANIES
      • 642 19 French regulator has last say in 6-month battle while BNP claims victory Bloomberg [PARIS] Banque Nationale de Paris SA, France's third-larg-est bank, won control of Paribas SA but failed to get a majority of Societe Generale SA, the main
        Bloomberg; PILE PHOTO  -  642 words
      • 377 19 Bloomberg [HOUSTON] Compaq Computer Corp's ousted chief executive Eckhard Pfeiffer received US$9.Bl million (5516.4 million) in severance pay plus options after being forced to resign in April because of poor performance at the No 1 personal computer maker. He was granted
        Bloomberg; FILE PHOTO  -  377 words
      • 549 19 Their fundamentals are quite good but investors still wary FT [NEW YORK] The US economy is strong, interest rates remain relatively low and profits are accelerating. It should be an ideal environment for small companies to outperform their larger brethren. In fact, it
        FT  -  549 words
      • 224 19 Bloomberg [BATTLE CREEK, Michigan] Kellogg Co, the world's largest cereal maker, said on Saturday that it will shut down a portion of its Battle Creek, Michigan, cereal plant and fire 550 employees, or 25 per cent of its workforce there, to reduce
        Bloomberg  -  224 words
      • 468 19 Weaker results from insurance units hurt Buffet firm's net Reuters [OMAHA, Nebraska] Berkshire Hathaway Inc, the holding company led by US billionaire investor Warren Buffett, on Friday reported lower second-quarter profit, hurt by weaker results from two of its major insurance holdings. Berkshire Hathaway, whose
        Reuters  -  468 words
      • 293 19 Lawsuits involve pact on CDMA technology devt Reuters [SCHAUMBURG, Illinois] Motorola Inc said last Friday it filed counterclaims against Qualcomm Inc, alleging that the California wireless communications company violated some provisions of licensing agreements between the companies. The counterclaim relates to lawsuits between the two
        Reuters  -  293 words
    • FINANCE & COMMODITIES
      • 664 20 Germany's banking .landscape seen completely changed in three years Bloomberg [FRANKFURT] ING Groep NV's plan to buy the 58 per cent of Germany's BHF-Bank AG it doesn't already own for 2.25 billion euros (Ss4 billion) could accelerate the consolidation process in
        Bloomberg; AFP  -  664 words
      • 487 20  -  Two approved bills aim at protecting interests of public By I Siow Li Sen [SINGAPORE] The latest regulations to raise professional- ism among insurance agents and brokers are timely given the rapid growth of the insurance industry in recent years, said observers. c
        487 words
      • 311 20 USs2oob fond hit by exodus of key execs to Merril Lynch Bloomberg [NEW YORK] Deutsche Bank, the world's biggest bank, said it is moving to shore up its US$2OO billion (***** billion) index fund management unit after the defection of key
        Bloomberg  -  311 words
      • 307 20 Bloomberg [NEW YORK] Goldman, Sachs Co has amassed US$l24 million (Ss2o7 million) of gold bullion, saying it expects demand to improve in the months ahead. Goldman has taken control of half of the gold in New York Mercantile Exchange warehouses, according to records.
        Bloomberg  -  307 words
      • 166 20 Bloomberg [NEW YROK) Sumitomo Corp, in a US$735 million (551.22 billion) lawsuit against J P Morgan Co that was unsealed on Friday, accused the securities firm of taking part in trades that led to a US$2.6 billion loss in one of the biggest
        Bloomberg  -  166 words
      • Article, Illustration
        1622 20 PEIME LEWPIMO rates WH 5t ABM Amro Bank NY 5Vi ABSA Bank Limited Agricultural bank Of China i AMZ Banking Group tvt MMIrWi Bank PLC 5 American Express Bank 6 Arak Banking Carp 7^ Arab Bank PIC 5Vk Asahi Bank Ltd Ban Hfei Let Bank BM. fvt Banca Commercial 7H
        1,622 words
    • COMMODITIES & FUTURES
      • 567 21  -  SIMTflf Weeklyßoundup Hiroko Komiya MMS Singapore This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] The forex market is likely to remain broadly range-bound as the summer vacation continues. Yet, there is another batch of US
        Source: Simex  -  567 words
      • 861 21 COMMODITY Weekly Roundup AFP [LONDON] Aluminium prices soared last week as the sector was shaken to the core by dramatic consolidation moves involving major producers in Canada, France, Switzerland and the US. Prices rose strongly early in the week on speculation of a
        AFP; Source: Bloomberg  -  861 words
    • 1506 21 SICOM FUTURES Augl3 RUBBER (ftrtsrw dosing m «t 5JOpm) ■Mt CONTRACTS CtoM VotaM Opto U» stt en—t) tatwwt StfW 92.75 1200 0rt99 9125 300 *wW 96.75 300 £f 90J0 300 £fl*00 102.00 300 Apr/JM 00 ***** Jtrt/S*00 tMJO RSS 3 CONTRACT (US cmtrtf) VotaM Odm M» U» Sptl
      1,506 words
  • Page 17 Advertisements
    • 169 17 Shih's vision for new Acer finally falling into place, PglO </ N CP J? X* Il' 3-PIECE SHAFT VSTOUR The Short Cut To The Green <v The Driuer that giues you Pro Distance The idea for the construction of the 3-piece shaft was conceiued to help realise the dream of
      169 words
    • 69 17 r All of these securities have been sold. This announcement appears as a matter of record only. U.S. $750,000,000 ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD The Development Bank of Singapore Ltd 7 Subordinated Notes Due 2009 Issue Pricey 99.476% < MORGAN STANLEY DEAN WITTER THE DEVELOPMENT BANK OF
      69 words

  • Page 18 Advertisements
    • 86 18 UfTXa THE WORLD'S LEADING TT, r* ,rr OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 1975 our worldwide staff of over 275 ftiulti disciplined professionals including lawyers, chartered accountants, chartered t secretaries and bankers have provided Abß confidential and cost effective company formation in all the ma|Or low tax areas Incorporation
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    • 53 18 IF FUNDING IS THE PROBLEM, WE GUARANTEE THE SOLUTION. We are able to provide Bankable Guarantees for viable projects in new ventures, business expansion, development and mergers acquisitions. •A# s.s. INTERMEDIARIES fill INTERNATIONAL, INC. TTJ\ FAX: (632)848-5273 Suite 1112 Tower Owe, Ayala Triangle, Ayala Avenue. Makati City. Philippines Supplement in
      53 words
    • 26 18 Classified First. Want to get a laptop? Or simply get computer savvy Log on to the best site: Check The Straits Times Classified First. I j
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  • Page 19 Advertisements
    • 116 19 Cwrm iCome to our CFA Presentation bI" B JX L CFA PRESENTATION 119 Evening and find out about both n/EMlMrc I HI the Chartered Financial Analyst I U (CFA) qualification and the CFA Date 24 August "99 (Tuesday) I|| Time 6.30pm I xl courses offered by the Financial venue Hotel
      116 words



  • MARKET REVIEWS
    • 287 22 HONGKONG Reuters HONGKONG stocks are expected to fall further this week on fears of a US rate rise and lower fund weighting after Morgan Stanley Capital International's decision to adjust its benchmark indices. Growing tension between China and Taiwan would also
      Reuters  -  287 words
    • 870 22 n Sydney -4&2 FEARS of higher US interest rates after Federal Reserve meeting on Aug 24 could restrain Australian share prices this week, brokers warned on Friday. They also noted that this week the Reserve Bank of Australia releases its bulletin for August, which investors fear may
      870 words
    • 667 22 NEW YORK Internet stocks among big gainers as economic data ease rate hike concerns Bloomberg US STOCKS may extend last week's rally in the days ahead, investors say, after economic reports eased inter-est-rate concern. Internet stocks were among the biggest gainers, with
      Bloomberg; REUTERS  -  667 words
    • 410 22 TOKYO Investors looking for bargains if the index slips below 17,000 Reuters JAPANESE stocks are expected to consolidate this week as investors weigh the possibility of a US interest rate hike, traders said. Investors are keen to hunt for bargains if the
      Reuters  -  410 words
    • 331 22 LONDON AFP CONCERN over a possible rise in interest rates overshadowed the London stock market last week, with the benchmark FTSE Index crashing at one point to its lowest level since February. But the market recovered from the depths on prospects for better
      AFP  -  331 words
    • 1632 22 Pjjgj* jMMj MORE positive signals on the US economy pulled Paris stocks above 4,400 at the close last week, after weaker than expected PPI data raised hopes that any tightening of US monetary policy could be limited to just one rate rise. The blue-chip CAC-40 ended 1.5
      1,632 words
    • KUALA LUMPUR STOCK MARKET
      • 7569 23 CoflSMMT pfliKtl 1*99 Last Vol Waak Nat Cap Law C imp any lata OOP n» Law P/l 9mB 440 255 Ajinomoto 310 -10 6 320 302 19.7 125.6 174 46 Angkasa 106 11 3062 112 643 156.3 404 220 ApoHo Food MI9 320 30 99 332 275 111 128.0 294
        7,569 words
      • 377 23 AFP fl Composite Index +68.79 THE Malaysian bourse is expected to trade cautiously in the coming session after the headline index soared almost 10 per cent last week, analysts said. "Investors wUI trade cautiously amid the sharp rise in the bourse after
        AFP  -  377 words
    • WARRANTS & OPTIONS
      • 161 24  -  WARRANT WATCH -By R Sivanithy ON Saturday, we featured Pernas International's 2005 warrant, which qualified as a penny counter and looked a decent long-term bet. Possibly an even better long-term bet on the recovery of the Malaysian market is Pernas' 2006 instrument which was
        161 words
      • 2569 24 BONN, LOANS i WARRANTS Laa« Val KM Last Oust. Av* High Law Stna Company i«H W COOO> High Low Buyer Sollor Prki •04 3 t 3160 «Acar W*****1 USS 43 1289 43 34 b 42 43 "1 80 4.5 t 3164 AcmaW*****4 31 -7 643 38 30 31 315 34
        2,569 words
      • 180 24 Or Or L< *1 Waat Last Qwta Mv Mv YM Nat M Cm Hm> I— ttna Cawpiy m fOOO) t—. t— •■yr CV W |*T 365 173 5123 CDL(2000)HK 2773 -20 e 285 2773 2*5 S 3.7 2.9 9A ***** 5124 Catftay Pac 20c HK—720 268 2J 7A
        180 words
    • 5203 25 Wet'k ended: Aiu; 13 I t a a 'S «g w a ,5 MULT) MBIIiTRV 162 173 m b 1000 AcjiMSCk TO -9 MS 126 tia ne 119 10 3.3 4.2 9.8 196.9 121 84 25 C 1217 AHUnct Ttch 39 -4 107 41.5
      5,203 words
    • 722 25 STOCK PttCCS LEGEM gas*. '>JsssSr«rrrisr*~** asas- NOTES gj'g-g'''*''*'''"' I*'**"1*'**" ym. r ONMKM ShrW*r «*•!•> C*>l|[rva*»i'Mn»rN%k«'M>*rteVft*tptc».*«<rTU tonka toa UM M W b Mart MaflPt met h Mi to nlh tot *m to«#t ant or tali MWr-ltoMql—Ataltollir mil WW— mill n mmnig M i»>iii ttM i2* UalOyato 0* m» Not Cai
      722 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        473 26 Source: JM Sassoon t*mm Asia FoodlProp US$ 61.552,000 Hotung Inv MT5 42,726,000 Golden Agri USIOc 33,838,000 •Genting Int 33,731,000 N0L 29,677,000 SingTel 15c 24,359,000 IPC Corpn 5c 24,294,000 GCS Intl Ltd 20c 23,180,000 *TanChonglnt50c 20,181,000 STEngglOc 18,825,000 Stocfcs DBS Foreign 148,827,648 OCBC Foreign 121,609,309 SPH 84,030,467 City On 50c 81,226,338
        Source: JM Sassoon  -  473 words
      • 659 26  -  THE WEEK AirgAi* Friday's US PPI data and the Bow's subsequent rise may cause institutional money to flow back here By R Sivanithy ONE of the biggest mysteries to Singapore market watchers is how local companies can consistently report solid earnings
        659 words
      • Article, Illustration
        68 26  -  -By Wong Wei Kong HOTUNG Investment shares rose 1 cent to US$O.35 last Friday with 11.6 million shares traded, compared with its 10-day traded average of 10.1 million units. The RSI, Stochastics and MACD charts show the stock at oversold levels, but this may be offset by non-technical
        68 words


  • Page 24 Advertisements
    • 144 24 EXECUTIVE XtfeM/ufc Don't leave the office ATi™™. without them J_ VlCmmi Ever V Friday... in THE BUSINESS TIMES. must-read for your long weekend. H" My watches are a hundred years kekincl the times fllflHfet A certain feeling of unrejt keeps me going. I Jon t simply want to make watckes,
      144 words


  • Page 26 Advertisements
    • 529 26 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 FERROUS METAL RECYCLING PTE LTD Members' Voluntarily Liquidation) At in Extraordinary General Meeting of Ferrous Metal Recycling Pte Ltd held on 23rd July 1999. the following special resolutions were duly passed:I- "That the Company be wound up voluntarily and
      529 words
    • 895 26 LOST SHARE CERTIFICATES The following share certificates have been reported lost or destroyed: NEPTUNE ORIENT LINES LIMITED '"rllfltllffil Nfffi In the mm nf No of *****93 SeahSaiTuan I x 1.000 *****47 -do- I I 1.000 *****24 Shaw Vee Meng 1 100.671 DELGRO CORPORATION LIMITED (Formerly known as Singapore Bus Services
      895 words
    • 569 26 DBS Investor Online. You've read about it now hear us on Newsßadio 938, Mon Fri, from 8.22 a m. >I<l )USBANK STEADY INVESTMENTS PTI LTD (IN MEMftERS' VOLUNTARY LIQUIDATION) NOTICE Of FINAL MEETING NOTICE IS HERESY GIVEN purtuontto S«cfcon 308 (I) and (2) el Company. Ad. Cap. 50 that Final
      569 words
    • 27 26 Classified First. Want a home with a sea view Or simply seeking a new nest? Make the right move: Check The Straits Times Classified First. I o
      27 words
    • 411 26 H Jr -ML p— q HIND HOTELS INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Hind Hotels International Limited (the "Company") will be held at 1 Jalan Rumbia, Singapore *****6 on 2 September 1999 at 3JO p.m. for the purpose
      411 words

  • SHIPPING TIMES
    • 186 27 Contributed by Simpson Spence Young HOLIDAYS may account for some lack of interest in sections of the market, but this week we have seen a number of Panamax bulkers sold and in the meantime Messrs Bocimar are said to be fixing a large number of ships on medium
      Contributed by Simpson Spence & Young  -  186 words
    • 440 27  -  Move substantially reduces tax liability, raising the incentive of flying UK flag By. Marcus Hand [SINGAPORE] A new tonnage tax in the UK is set to boost the British shipping industry and get more owners flying the Red Ensign again. A tonnage
      440 words
    • 240 27 Bloomberg [VALPARAISO, Chile] Strikes rocked Chilean ports, blocking shipments of copper, as workers demanded higher wages and a share of the proceeds from the government's sale of the busiest docks in the country. An on-going strike in northern ports spread to the country's
      Bloomberg  -  240 words
    • 287 27 HE port operator reacting to US senator's allegations of growing influence Reuters [HONGKONG] Hutchison Whampoa Ltd recently rejected allegations by a US senator that it controlled both ends of the Panama Canal, saying it had no influence over the canal's operation or shipping traffic. "What
      Reuters; FILE PHOTO  -  287 words
    • SHIPPING NEWS
      • 447 28 But experts' opinion dismissed by inquiry into 1994 disaster FT [STOCKHOLM] Experts investigating the sinking of the ferry Estonia in 1994 claim explosives played a role in the disaster that cost 852 lives. A team of experts, commissioned by Meyer Weft, the German
        FT; FILE PHOTO  -  447 words
      • 746 28  -  DOCKYARD By David Hughes A FEW weeks ago, this column reported on the busy year expe-rienced-toy the Salvage Association's Singapore office. But before putting the SA's annual report on its worldwide operations for 1998-1999 on the bookshelf, it is worth extracting a few
        746 words
    • 287 28 PAGE Ertg Lee 11 AMI 3 ESPLines 11 AASCO 10 Evergreen I Accord 8 |J Frotj n Append 5 Frt Unhl O Austral 8 GUnk 4 Avant 12 G m rtr w 6 B'tang Mas 8 G ns,IM n j Glory Wav 12 BTl 12 HaiSunHup 10
      287 words
    • 11476 35 THEBUSINESSTIMES EXPORT ETA ETA Advert i tar Vassal Voyaga T»t«oOon« ETA ETA Advartlsar VmuI Voyaga Tataphona SIN Dast'n Nan I* Nam* Numtoar Numtm SIN Dasfn Nam* Nam* Numbar Numbar 25/00 20/09 Dalmas IMS OOSS *5-*****44 To ABIDJA N (ABJ) 2003 Cot* D'lvoire n/o» 20/09 Evargraan e. genius 0299-074W
      11,476 words
    • SHIPS IN PORT
      • 444 39 Vtssal Berth Arrival Dapartura Jtnaa Nri s«*« V9«i jn «/oa/2ioo 19/08/700 Oct Success 47A J22 16/06/500 2V08/700 8t Omw tad MM J01 16/08/800 VWU« n S«r Saftti ***** J01 16/08/8:00 16/08/18:00 */M J02 16/08/800 17/08/800 2509 2308 JI2 16/08/8 00 17/08/8.00 Corn*** OH 899 J15 16/08/8:00 17/08/2000 J***
        444 words
      • 1669 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boo*ir>q/Biiance Rstls SWp Voy No Etb/Btr Ptrkxl From To From Aci n*oc« 020* 17/1200 u IS/BOO B/1459 BffiOO B/BOO 8/859 MM 2* 8/T700 a/0459 a/0900 a b/itoo m«m a/0900 14/0700 a/109 a/1400 8/800 a/1459 8/1700 MEmraM UK le/OMC U (5/1500
        1,669 words
      • 196 39 Anf 17 Indonesia: National Day. Aa| 29 Philippines: National Heroes Day. Anf 30 United Kingdom: Summer Bank Holiday. An| 31 Malaysia: National Day. Sep 1 Mexico: State of the Nation (optional). Sep 0 Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sep IS Japan: Respect of
        196 words
      • 774 39 THIS report, compiled by Cockett Ma line Oil Ltd. shows price ranges in US dollar* instead of single price# for a more comprehensive description of the market Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        774 words
      • 292 39 W Mai 990.0 6.1 T7.5 0.09 72 Oft P*W»r Wt«f Art M—Hwn S.W..H No tbovt E25 0 1 I 0 0 J MAI 380 Aw 995.0 0.4 Ml 0.07 38 0.02 K/lrj JiV* MO"" "M 16J 0.13 235 0.01 %T/¥ /> %tl/ Wo tbon 635 6
        292 words
    • AIR & LAND TRANSPORT NEWS
      • 354 40 Emery plans door-to-door delivery in India for S'pore cargo AFP, Reuters [NEW DELHI] US-based freight transporter Emery Worldwide and state-run Indian Airlines (IA) have entered into a strategic alliance for cargo transport between Singapore and India. Airline chairman Anil Baijal said the national
        AFP,; Reuters  -  354 words
      • 335 40 Foreign carriers had complained abont move to Malpensa, 50 km ontside Milan Reuters [ROME] The Italian government is to stick with its plans to transfer flights to the new Malpensa airport outside Milan, despite airlines' complaints. "The Italian government's intention
        Reuters  -  335 words
      • 148 40 AFP [SAN DIEGO] Kia Motors is recalling more than 32,000 sedans because of a flaw in fuel system hoses. The Korea-based company has been notifying consumers since mid-July that the fuel vapour hoses in its 1996 and 1997 Sephias could leak and must be
        AFP; FILE PHOTO  -  148 words
      • 188 40 No-frills carrier's success has hit larger rivals Reuters [CALGARY] West Jet Airlines Ltd, the no-frills airline whose success has contributed to Canadian Airlines Corp's troubles, said it is willing to participate in any industry restructuring talks. The company, which operates primarily in Western
        Reuters  -  188 words
      • 427 40 It expects to beat Lockheed in fighter plane competition Reuters [SEATTLE] The world's largest commercial airplane maker, Boeing, sees its civilian experience as its ace in the hole in the Joint Strike Fighter (JSF) competition. It figures it is in a better position than Lockheed
        Reuters  -  427 words
      • Article, Illustration
        71 40 [OERESUND, Sweden] The last 140-meter section of the Oeresund bridge linking Sweden and Denmark is hoisted into place on Saturday during the official inauguration ceremony. The 10 mile-long bridge connects the two Scandinavian neighbours for the first time in 7,oooyears, when the two were landlocked, forming a link
        AFP  -  71 words
      • 206 40 AFP [TAIPEI] Taiwan and the Philippines have reached a breakthrough in their dispute over a suspended aviation accord, Taiwan's foreign ministry said. "After six hours of candid and harmonious negotiations the unnecessary barriers have been removed and the foundations for mutual trust
        AFP  -  206 words
      • 309 40 It has axed 2,500 of 5,200 planned jobs after baying Southern Pacific Bloomberg (OMAHA, Nebraska] Union Pacific Corp said it's on schedule with job cuts resulting from its US$5.4 billion (Ss9 billion) acquisition of Southern Pacific Rail Corp three years ago, with
        Bloomberg  -  309 words
      • 1532 40 OTT FII6WT ETA FU6HT ETP MrtirMi S03Z7 0745 RUM 2300 VM741 1310 VN742 0905 GA973 0945 S024 2330 SOT75 1830 SOI76 1405 KL837 1455 VW740 1410 AacfcMJ N***** 2045 N***** 2045 TG407 1540 MI894 1505 SO 286 2045 S0285 2045 f»3 »40 T6408 IMP hM CFH9
        1,532 words
  • Page 27 Advertisements
    • 149 27 Explosives theory of ferry Estonia's sinking resurfaces But experts'opinion dismissed by inquiry into 1994 disaster. Page 2 Always, delivering on our commitment Warranted Safe Arrivals to more than 480 destinations worldwide In every aspect of our total logistics service, WSA Lines lives up to an impressive reputation for excellence and
      149 words
    • 22 27 Emery, Indian Air in S'pore-India cargo alliance Emery plans doorto-door delivery in India for S'pore cargo. Page 14 Dockyard ia in Pg2
      22 words

  • Page 28 Advertisements
    • 1247 28 I M 1 I EXPORT I I OTHER PgSTMUTWWS I SSX SUPER SHUTTLE EXPBESB OWECT TO tOMQ BEACH I I WEST COAST Of CENTRAL AMEBIC* (MABOAftTTA SERVICE) 1 rasa wr |guoi emsm |ummmm hum knsioh okmo mwtcm|mkd<ht rasa wr" kjmtu ww in—™ cawo n mi imima smm ooaoau SbS iiTS
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    • 625 28 Lines services represented Memt)efS <* Regslry erf Member* erf the liO;] Accredited Shipping Agents. Singapore Freight Forwarders Sfrore National Shipping Aaeoc Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIX PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SERVICE) MV "TBN" ETA SIN 26/08/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 COMttHHtS/ CONYDmONAI CARGO POtT
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  • Page 29 Advertisements
    • 1064 29 TO EUROPE FROM EUROPE Ivcsa VOT j si rm urn hjur wv sou m ta 1 Ivcsa vor r» w my sou m sw WYHKHNKS 319W 14/00 02/09 04/09 07/09 01/09 IALOOtt SMI 15/07 17/07 10/07 11/07 17/00 API ALMANUNE 310W 19/00 11/09 00/09 00/00 00/00 NOL AAU2OMTE 02* 11/07
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    • 2000 29 @HANJIN SHIPPING !ik P1 -SMk *****30 HAMW SWTM6 (S) fTI ITP an IOOOM6 SAIB *****74 730 POCIMW *****71 774 OfaAnOWS ********** MAM UK *****53 HI *****00 a lift *****03M0M TO NW USA CANADA USA CANADA* FMVSI/VOY OAM SM IM HAUI/VOY I SIA T!W DO PM Of MSP Si OTT KM
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      322 words

  • Page 30 Advertisements
    • 1128 30 DSR-SENATOR LINK TO UK/CONTINENT TO MEDITERRANEANCANADA WIiaIWW I WW HAM |MV Iru I VESSEL I»OT W I I Sff I FOl IMrI »n mbkurstar won* u.« mm km b« on km chotang chance *hm» hn hm en MM HH ~j7i HMUMGENOA WQtX IS M M M 67N MM MM 07
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    • 907 30 ■L4fl S'PORE M'SIA Zl\Z/\-H IiMES t NIC P. QUOANG: (07) *****2$ S®U: <084) *****8 MAMLA: (632) *****24 13 867 BURABAYA.(3I) *****11 r. KELANQ. (03) *****// JKT (21)*****46 KUCHINO (082)*****1-3 i pubai auckland/lyttelton MV "HYUNDAI HIGHWAY V.023W MV "PAO LYTTELTON" V.9221 ETA SIN: 18-08-99 ETA SIN: 18-08-99 Alto occepting to Wellington,
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    • 1398 31 1 VESSEL VOY KHH HKQ SIN PKO PQB PXB PMM 'A-—- IRAN TABATABAEI PCL-5118 18/08 20/08 24/08 25/08 03/09 04/09 08/09 07/09 09/09 IRAN SATTARI PCL-5117 25/08 27/08 31/08 01/09 11/09 12/09 13/09 15/09 W/09 IRAN TEYFCHJRt PCL-5118 01/09 03/09 07/09 08/09 17/09 18/09 19/09 21/09 23/09 IRAN BAABAEI PCL-5118
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    • 1051 31 Saitiag I* plNj§ MMnowiliK ioioSißotiiD ntmiw «i:rtmw ouiw«dii/u COSTAR SHIPPING PTI LTD #12-00 saus/mgs 4205«57/60 diwmo dcpt (D/ 0) *****15 COST At AGENCIES (M) SDN DND j Ct NO: **********00 SMGAPOtE ***** COWYtWDOWAi fSiywr Htt SHA QM I* QM W SHA WE Sff IMfcttiß rmHE/oittE 32 w/ D/n. 11/w m
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    • 673 31 I EXPORT I IMPORT I pa™.; su .n. "Sb;^i!!&1-LI*l!fibl TRANSPACIFIC SBRffg EXPORT IMPORT MRU Tim 1 <M I im QA« IfccaTHMaoßiOti)UNW«»|ytssa 1 VOT IGB OA! m I*ll* IhM la/Hi OIOW U/M Vt/tl MJU CT ALPHA ONN 14/ M M/M 13 0S rxv OKMW. ST UML fltnn r [HJ POtTIANO OS4W
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  • Page 32 Advertisements
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    • 565 32 PACIFIC INTERNATIONAL UNES (PTE) LTD I SSSSSSM Hi 140 Cec* Street, #03-00 PIL Bu**og, *****0 CR NO: 1""""R*****I MBE, qr im M y S S fig i 5 repass 1 i"/» lifl Hffi-| ||yp» »9T _tn mc WW BKfc 1 IEI& j?j jjg jg jj, |;|;jj;l lIVPSE CM B AM
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    • 371 32 St TEL OK 6LAMGAH ROM) M 242 OTPORT CBfTK mK MMM TEL: *****11 (6 lines) FAX: *****05 TIX RS ***** CR NO. **********0W Vtssa WY. EW ETO DESTMXTION rnuwa S3m 17mm nmm pkl iaum ummu mm imms imms mummmmmmm irimawa mm nmm ajmm palembang/pkl ialam UMAMUI OM9 31UM9 *****9 POKTUNM
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  • Page 33 Advertisements
    • 492 33 mm MYANMA \«BBk FIVE STAR LINE (Myonaor Notional Lint) Loading for Yaagon (Rangoon) VESSEL VOT SIN PKL PEN PGU SAGAJMG 60W SLD KING TUNG 4W SU> MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TH (03)2417)00 PtL TH (03)*****01 rat m (M) 2****** pgu m (07)*****21/4 BANK LINE (A wcvki of Andciw
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    • 1228 33 MM HYUNDAI MERCHANT MARINE CO,, LTD, IVBSE VOT SM SOU UN RIM ANT HAM MY FX [yaa~ VOTlsOUllfHlUMlAMTlHAMllvlialsM I S!11Se «22 It/2 IKw ??«2 Ol/1,9 M O7/61 L LOM 52M 30/07 31/07 25/07 27/07 l«/« AAMMAMM 310W 19/01 06/09 "/J"/" °9/09 NOLAMA2OMT! 0231 26/07 31/07 21/07 29/07 19/00 212 10/W
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    • 889 33 1 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA 'CAR RORO HEAVYUFT SERVICE* J l" 58 I VOT I MMf HEIGHT SIN LAX Otl MIA SAV g Off NTC ttW MOO TAJKO AHO4 400 W 6.3 M 23/00 21 /00 30/00 *****~ 05/10 07/10 M/ 10 ~fo7fo~ M7To" WlO- TOUtCOINC AHOS
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  • Page 34 Advertisements
    • 1076 34 BAKMHtOK/MAP TA PHUT/LAIM CHAIANOI JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT ["pjN ULABHUM 116N 17/08 20/06 21/06 ACX JADE* 87S In Pt 18/06 AMAN BHUM AA 126N 17/06 21/06 20/06 UAOHE* 004 17/06 21/06 NANTA BHUM** 459N 18/06 21/06 22/06 GURU BHUM 142S 18/06 22/06
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    • 588 34 29: jjD_ MA LBH RTM HAM ~~ili SOT DEMIMOSA VXtM 17A06 1&TO 27A® 01 OM» 08/ OB OMM 11/DB IMB vu-ED-AQUAmjs ug °m» Q7A» 21 avac ~iim oiTio oyio Lk *11 iTTnißM^rrT^ <*»*»•"<»«.ocm^^u^AMDorncajwaltAw«uJ> VOY SNI PKL CMB mla arid era —7T7Z NORAStA StHQA 2BOW 97M oam> 1 £.rnx> 01/DQ 11/00
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  • Page 35 Advertisements
    • 39 35 rsT^n OSO YAM Calling More Than Aeu*«w-worldConWwSentoß I 500 WoHdWldC Destinations. Find out more on Pg 13 For Complete Schedules INDIAN OCEAN SHIPPING AGENCIES? Information Look Under HAI SUN HUP > Turn To Pg 5 Pg 12 ON EVERY MON/WED/FRI
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  • Page 36 Advertisements
    • 173 36 MitsufO&lLLifles.Ltd. -rA INDIAN OCEAN SHIPPING AGENCIES I (FOREST MJOOUCTS SERVICE) Service For ChrMnw Island Franantie/Cm bland) SttVKE *'Aho call other wert Amtrilii ports subject to inducement TAW SKN KKU TMA VRSQ VOl SM ai F«l COS RUMN STELLA V3IA SAJIiD SAIUD SAILED LOADING F0»: JtDMM/SCn/FIUSHWG/MITmtP THOt KIRSTEN 41S0 SAILED SAILED
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    • 183 36 J SHIPPINO LINE i .ill ijlilk 1 ■iVI 111 l' -lIA A I [CalU I LIBYA TOMua unohazi misurata tkipou LyuJ |vissawi| voi mo lanlww I dp Ftaami Imh I toi m m awn SI IS SfKMUST* 17/W 11/ M »/M UtOK 31/W W/W It/W U/W IVW tttUUUJ Silt ÜBTANTUM
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    • 138 36 tout TIIS/ WKI SAKHWS: P. BWAWS/SWSAMti SOUTH BOONO «a wr ratm m bmasmii mis it/wano ly/wnus atuaun wtg imiwbw Ml was gam ■MM me MB TI^ISWI BMUami fltg nflitSMn tvwmmo nauam wts matwan w/wn» r WOfTH IQUND <esa I wt a rams BMusmti turn i77«nuG ~ii*iwiH bmusmii ota iMwnwn wwnwi
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  • Page 37 Advertisements
    • 507 37 SHIPPING LINE I Tn m m Anson Road. Anson House #06-01 to 03, Spore *****1 CR HO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****63-4 (IRWARD) /*****16 (IMPORT STATUS) TLX: RS23I, I --V!j J- 535 6^ 6 Cell,/J ic,/Mel Chaw/J66lynn/Dora/lwy/Haiil f/Ji'iiiirMiaiaiaiaaatta BSLGS/WEEK Immi IH m n( r mi n nirr I
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    • 601 37 10 I I S| N TO WBj IH fl l fi l'"'|a|iffl<fFWg^ 111 MCG VIA SNGAJOK T» j-M. I MEXICO, US/OULF/EC, RED SEA, INDIA TO SINGAPORE. INDONESIA J ,n, ,TL IJ" I"|■l■ I i I HOiOH MMNPA /07S1 "M/i? JI/57 Tl/ftT Jf4s= WV /W /M t»m 2t/ 111 mmtm I
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    • 504 37 Singapore Soviet Stripping CPI an*ioosomooooh J i\V "W^SfcipphgPl W33J ml I afcWSTWWIBK I mVL VOY I Si I lON PNC HI KOUIURUN RKNO47 25/08 01/09 TM 11/09 I JOTAtATU RTUOSS 29/08 05/09 Z ."/S I VOY SIN CAI HAL VIZA6~ I sasucoTi issv 22/01 21/01 02/09 II «I*IVAUIi 004 24/01
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  • Page 38 Advertisements
    • 493 38 I VESSEL VOY SIN MAA SIN TIGER PEARL 728N 16-17/06 2228/08 02-0309 TIGER SEA 729N 24 25/08 29-02/09 06-07/09 TIGER BAY 730N 27 28KB 01-05/09 10-11/09 TIGER ISLAND 731N 30-31/06 04-ofto9 13-14/09 TIGER PEARL 732N 02-03/09 07-11/09 17-18*09 TIGER SEA 733N ofro7/09 11-21/09 24 25/019 I VESSEL VOY SIN CAL
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    • 885 38 I FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesindsingnet om.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113
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    • 981 38 (XXL (Singapore! Pte Ltd CFS Kppp»l ttorpl *5 CV*. Si OCK Ctr #42-00 $*****3 Mk Sl3 #01-128 51 <**> **********0H Ufc 272 7127 f VL W; 43*2M3 F.x: 434 29** Fu: 272 7125 *W- Onenf Overseas Container line f l *P .Makrys.o Sdn BHd *9 Nk *****24) PfttLMG JAYA M:
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  • Page 39 Miscellaneous
    • 131 39 Ilj^ LEGEND: > R Thunderstorm Temperature c v^S. V Show»r Weather Wmd d».ction with speed in knots Roin Cloudy Sky Wave height WJoet winds or* indicated by orrows w+ucti tty witfc the wind W On. KJ ard. represents ca*n or kght and vonob* winds On. hot. fWch. repress 5 knot,
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  • Page 40 Advertisements
    • 135 40 By Appointment of Nelson Wheeler Corsorate Advisory Services ftf Assets of 4 Hong Kong Construction Companies UulH (In Voluntary Liquidation) Cranes 1998 Lefeherr FuHy Hydraulic 120 Ton Crawler Crane. Model IHfE*( HSBB3HD c/w 2 Hook Blocks. 2 Winches and A/C Cabin. 1995 IHI Fully Hydraulic 100 Too Crawler Crane. Model
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  • Page 41 Advertisements
    • 456 41 S'SBE Congratulations M 1 WSAI994 Pte Ltd on your ISO 9002 certification Hong Kong (Corporate Head Office) WSA Lines Ltd «?X% M *r4%sfiS.*& fj k f Sin Hin Hang Transportation Pte Ltd iiSx fi 4 w s Canada 6Tan j on 9 Pei W" Singapore *****8.Te1:261 2239 (3 Lines) Telex:
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  • Page 42 Advertisements
    • 212 42 Furthering our lead with IS Jpe r tifi|atio m 1 Hi I ■B? jffß^oWßliC^^^^^^^^Kafc—i^M—Mlo3»BP^MgM»"^ l J *****5 >t^J^ tWm wM WWE^P^*so£B[--i£i&!'■ <|j» u t ■ts^^^H »y ■t nw jfl BUHKI BRvfX 0. J0 |r x < -snKkj -J*"v A 0 0 ,v BPSIj r v ri-• v. m A kl
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