The Business Times, 26 October 1999

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Total Pages: 46
1 46 The Business Times
  • 12 1 THE BUSINESS TIMES 85C SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, OCTOBER 26, 1999
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  • 60 1 SB *****1 (+4.98) ■FVBT-SKI U 775J2 (+SS9) n snisa muiEs JJj 28L80 (-1.80) STOCK IIIIKT 1KDJUSB Monday <*««f ■t KLSE COUP ***** +L4I NIKKEI A 17,648.71 *imt JULNGSENG SOTWDEX ikmi JAKARTA COMP __»7.I7 -7.11 MANILA COMP _1JM.4« -M2 TAIPH 7,680.87 +12L24 «EOLXOO«P 798-84 -20.(8 OSA CHINA B 764.07
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  • 74 1 F08EXIATES U8t 81 u#—~ \m S(ffi®/S$per£) 1.669 2.761 ElJBO(USS/S$ per E) 1J06 L77I DM li08 OJM YIN MKJ LS71 RM UN 0.438 ma 7.771 M14 BAHT S&S9 IN) WJPIAH 1316 0.014* •stmmwuu ran sates SINGAPORE* MO KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK MOO MANILA 11.00 BONO KONG 8.25 TAIPH
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  • 634 1  -  l-iriexclusive But new proposal is limited to information abont consumer eredit and credit card spending By( Conrad Raj [SINGAPORE] The Association of Banks in Singapore (ABS) has revived the proposal to set up a credit bureau to gather information on loans and
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  • 898 1  -  f'it exclusive From Yang Razali Kassim in Jakarta A STIFF last-minute struggle to determine the outcome of the new Cabinet took place yesterday as President Abdurrahman Wahid tried to push for an earlier than scheduled announcement of the Cabinet, to the dissatisfaction
    FILE PHOTO  -  898 words
  • 374 1  -  US firm explores bringing some of its e-service hub efforts to Singapore By Raju Chellam [SINGAPORE] US giant Hew-lett-Packard Company has discussed with Prime Minister Goh Chok Tong the development of e-services capabilities across Asean countries. Carleton "Carly" Fiorina, HP's new president and CEO
    ARTHUR LEE  -  374 words
  • Page 1 Advertisements
    • 74 1 mgmE BT Comment Lee Han Shih on how CPF members are paying dearly. Pg 11 Top stories DBS Land unit buys Australia's Walker Corp. Pg 2 Acer proposes buyback, delisting of all shares. Pg 4 M'sian lawyer makes offer for Gob shares. Pg 7 US-based LaSaNe Investment to set up
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    • 6 1 Towards a clean administration, Pg 17
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  • NEXT page
    • ON THE grapevine
      • 232 2 IN a recent interview with that wonderful journal of anatomy, Playboy, ex-wrestler and Minnesota governor Jesse Ventura (right) revealed that if he were ever to be reincarnated, he'd like to come back as a 38-double-D-bra. Barron's Alan Abelson has latched onto this confession with much gusto and
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      • 82 2 OVERSEAS Assurance Corporation (OAC) is boosting its profile. It recently started a marketing strategic unit which will focus on branding. Chin Gek Mei, formerly at Overseas Union Bank, is heading the unit with two other people. With the insurance industry opening up, and the number
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      • 143 2 EVEN as banks trip over themselves to sell housing and other consumer loans, few apparently are keen to lend to the humble hawker. According to one civil servant, a number of local banks were recently invited to make presentations to hawkers who needed to take
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    • 459 2  -  Australand purchase of Walker will posh its growth in industrial property By] Marissa Chew DBS Land subsidiary Australand Holdings is buying Australian developer Walker Corporation for A 5245 million (*****.4 million) to help push growth of its industrial property business. Australand is
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  • SINGAPORE companies
    • 501 4  -  Premium: 76% over last traded price; exercise to cost USs73.7m By- Audrey Tan ACER Computer International (ACI) is proposing a buyback and delistment of all its shares, at a hefty 76 per cent premium over the last traded price. The
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    • 482 4  -  SingaTrust also plans to list two units on Nasdaq in two to three years By' Toh Han Shih THE SingaTrust Group, a local technology firm, plans to list on the Stock Exchange of Singapore mainboard in six to nine months, then list two of
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    • 744 4  -  PEOPLE Jannie Tay tells hew The Hear Glass' shift in focus has paid #fl Byt Andrea Tan THINGS are looking up for luxurious watch manufacturer and retailer The Hour Glass after two years of tough times. The company has inched away from its "super-rich" customers to
      FILE PHOTO  -  744 words
    • 366 5  -  Pi'Rvi listings CTBR is involved in building, operating, managing China toll bridges and roads By' Teh Hooi Ling CHINA Toll Bridges Roads (CTBR) has received in-prin-ciple approval for a primary main board listing here. CTBR is a specialist infrastructure company principally engaged
      FILE PHOTO  -  366 words
    • 364 5  -  Analysts point to weak market sentiment, hot competition in construction industry By\ Marissa Chew ANALYSTS have recommended a stag on the initial public offer of IRE Corporation, pointing to its reliance on the construction industry as weU as the relative low price of the offer.
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    • 858 5  -  ■r.y^iocks^r catherine ong WHEN the share prices of DBS Group Holdings and Singapore Press Holdings (SPH) tumbled recently after rulings by the Monetary Authority of Singapore (MAS) and the Ministry of Information and the Arts (Mita) on Brandes and Capital groups' purchases, the wags at Raffles
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    • 537 7 Reuters NATIONAL carrier Singapore Airlines is likely to produce rosy interim results boosted by an upswing in passenger traffic, aviation analysts said yesterday. The airline is expected to report its earnings for the six months ended Sept 30 on Friday. Analysts forecast that SlA's
      Reuters; FILE PHOTO  -  537 words
    • 538 7  -  She's willing to buy some shares at 10% discount From, Eddie Toh in Kuala Lumpur AN unknown Malaysian lawyer who would like to remain so has emerged as the latest contender for the frozen Clob shares, offering to buy some of them at
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    • 351 7  -  Bill passed; Sing Tel said to be looking at investment in Koo's telecom consortium From Macabe Keliher in Taipei FOREIGN investors, like Singapore Telecom, will be able to take majority ownership of companies vying for a slice of the island's fixed line telecommunications market
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    • 143 7 [SINGAPORE] Shares of DBS Group Holdings rose 40 cents to $18.40 yesterday, a gain of 2.2 per cent, on expectations that it will announce a tie-up with American Express today. Despite a generally lacklustre and quiet day in the wider market, DBS still managed to
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  • Page 5 Advertisements
    • 41 5 IPO IRE Corporation 23 cents 9.6 x 15.6 cents Construction >. us I PRIMc OFFICE prime 41 WAREHOUSE/ FACTORY SPACE FOR LEASE A-Z Building For details, please call owner ■M" I Ilj i i' i Telephone 437 6853 437 6872 534 3132
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  • SINGAPORE markets
    • 376 6 Stocks Voksna Kappat LandSOc 6,088,000 AMFood&PropUS$ 5.988.000 Qottan Agri US10c 5.693,000 *Gar*nQ»nt.— 5.664.000 STEnaQ 10c 4.808,000 *TanCnonglrit50c 4,608,000 CM Tatacom HK75c 4,324,000 QES (rrtl Ltd 20c 4,272,000 8tngTai15c 3,832.000 SunwayWIHKIOc 3,683,000 Stocfca 8 DBSGip 19,752,635 SPH— 18.801.040 Kami LandSOc 14.779.790 SIA 14.565,460 0C8C- 13,166,600 C*yDsv50c 12,154,326 STEnofllOc 11.901,630 aTal15c 11,472,586
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    • 581 6  -  |:i I comment STOCKS r. sivanithy IT was a frustrating session yesterday on the local stock market as prices weakened gradually throughout the day despite a strong rally on Wall Street on Friday. Liquidity continued to remain as low as interest levels and
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    • 197 6  -  WARRANT WATCH -By R Sivanithy DURING the huge liquidity-driven rally in June and July, Liang Huat Aluminium's warrant was one of the market's best performers. Since then, however, the combination of trading curbs by brokers and rising US interest rates have
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    • 270 6  -  HOT STOCK fvwi j -ty Wong Wei Kong SEMBCORP Industries shares rose sharply yesterday, finishing among the biggest net gainers on news that it was listing its subsidiary Singapore Food Industries (SFI). The stock closed up 12 cents or 5.8 per cent at its day-high
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    • 92 6 Tuesday, Oct 26 Singapore ♦Bam. Press briefing: International Swaps and Derivatives Association's AsiaPacific Regional Conference ♦9.15 am. PUB Y2K programme and readiness press briefing ♦10am Sony Singapore officially launches Wega DRC ♦10.45 am DBS announces strategic alliance with an international financial institution ♦Ham. Robinsons holds press briefing
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    • 503 6  -  -H comment CURRENCIES Rupiah strength shores op Sing dollar and baht against greenback larry wee THE US dollar had a mixed session yesterday, strengthening smartly against recent favourites like the sterling pound and the euro in a carry-over from New York trading
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  • SINGAPORE news
    • 487 8  -  SM Lee s&ys this can spur development of regional capital market Reports by Quak Hiang Whai in Hongkong THE stock exchanges of Singapore and Hongkong should look into linking up trading in their markets for highgrowth or high-tech start-ups to create
      THIANG YU MING/ZAOBAO  -  487 words
    • 558 8 Different groups need to arrive at social contract: SM SENIOR Minister Lee Kuan Yew yesterday blamed accelerated political reforms left behind by former governor Chris Patten for sabotaging the current political, economic and social systems which have now made both the running of Hongkong and
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    • 440 8  -  p:il exclusive By\ Carol Eng LASALLE Investment Management, the world's second largest property asset manager, will "soon" establish fund management operations out of Singapore. US-based LaSalle Investment, which now manages over US$2O billion (5533.3 billion) worth of funds, is understood
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    • 278 8 THE NTUC Income Insurance Co-operative will reduce its board rate for housing loans by half a percentage point to 4.75 per cent, effective Nov 1. The cooperative said the new board rate would apply not only to those making
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    • 226 8 SINGAPORE-BASED Peak Pacific Investment Company has acquired a 70 per cent stake in a 100 megawatt coalfired power station in China for US$2B million (5546.6 million). The plant, Peak Pacific's largest investment in China to-date, will sell electricity to the Gongyl Power Bureau
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    • 355 8  -  By* Toh Han Shih THE Internet will be on your dishwashing machine, television, handphone and car, not just your computer. This is starting to be a reality and will become widespread in about two years, said Sun Microsystems' chief operating officer
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    • 609 9  -  I si I exclusive Tender said to have drawn 7 bids ranging from abont $300 to $350 psf of potential built-up area By. Kalpana Rashiwala FIRST Capital Corporation (FCC) has emerged as the highest bidder for the freehold residential plot at
      FILE PHOTO  -  609 words
    • 450 9  -  By! Soh Tiang Keng UNITY NTUC Healthcare is conducting a trial run of a high-tech scheme enabling a pharmacist to counsel patients and dispense medicine by remote control. Under this scheme using video-conferencing technology, a pharmacist in one outlet can see, talk
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    • 531 10  - Liberalise fast or lose out to other financial centres MAILItm Share brokerage commission rates should be freed up quickly CH Lim Singapore I REFER to the letter "Brokerage fee fully negotiable by 2003" (BT, Oct 15) by Soh Sun Oh, the public affairs manager of the Stock Exchange of Singapore
      FILE PHOTO  -  531 words
    • 240 10  -  Narayana Narayana Singapore via Internet I WRITE in reply to Curtis J Montgomery's article "No gains in wrong type of share buyback" (BT, Oct 20) citing the losses that he (and, no doubt, many others as well) had to suffer consequent to the
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    • 104 10  -  Eric Ang Singapore via Internet I REFER to your report "Renong as a blue chip? That's really ftinny: analyst" (BT, Oct 22). It is a reflection of the business culture in some Asian markets where the right connections are the main factor in corporate
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    • 321 10  -  Pon the economy inflation By i Carol Eng CONSENSUS Economics, based in London, has raised its economic growth forecast for Singapore this year to 5.4 per cent. Its poll of 11 research houses earlier this month showed a more optimistic outlook, hence the increase in
      Source: Consensus Economics  -  321 words
  • Page 8 Advertisements
    • 534 8 DAVALE PTE LTD (Incorporated in the Republic of Singapore) CONDITIONAL CASH OFFERS FOR JACK CHIA-MPH LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF DESPATCH OF OFFER DOCUMENT Conditional Cash Offers (the "Offers") by The Development Bank of Singapore Ltd ("DBS Bank"), for and on behalf of Davale Pte Ltd
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    • 50 10 You can email us at btletter@sph.com.sg, fax to us at *****71, or mail your letter to The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number. Buy It. Sell It. Find It. Classified^ CATS. Call Today For Results Tomorrow. 1800-737-1166
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  • FOCUS property
    • 683 11  -  I-i| comment PROPERTY Hard to see why mortgage payments need to be transferred early to banks, causing loss of Interest amounting to iwini«wi« lee han shih AN interesting issue concerning the Central Provident Fund was raised by a letter published in The Straits Times yesterday.
      FILE PHOTO  -  683 words
    • 610 12  -  Methodist Centre to be redeveloped and marketed in second quarter of next year By] Kalpana Rashiwala THE Methodist Church in Singapore will redevelop the Methodist Centre on Mount Sophia into a 125-unit condominium which will be marketed in the second quarter of next
      ARTHUR LEE  -  610 words
    • 212 12 [SINGAPORE] Premas International, the property management arm of gov-ernment-linked Pidemco Land, yesterday said it teamed up with Davis Langdon Seah Hong Kong for a joint venture which will tap the Hongkong market for business opportunities. The tie-up is part of Premas' larger plan
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  • Page 11 Advertisements
    • 277 11 New Zealand Freehold Managed Investment Opportunities l" RETURN PA FOR BRAND NEW COMPLETED SEPTEMBER 1999 •5 STAR QUALITY FEATURES INCLUDE: Tennis court Swimming pool Gym Outstanding harbour city views, overlooking America's Cup Base •NO CAPITAL GAINS TAX OR STAMP DUTY Visit Heritage Auckland Bayleys Real Estate New Zealand Property Exhibition
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    • 368 11 COLLECTIVE SALE /5/ —O«CMAITO BY TENDER Sgg, O EDO£ Freehold Land Near Orchard Road j/ FIRE SAFETY Ideal for inner city living /a\ Walking distance to Orchard MRT J"7 Large land area of 54,798 sq ft U\ ™2£sSoo«. Plot ratio 2.1, up to 20 storeys Yi cm Excellent accessibility Existing
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    • 357 11 COLLECTIVE SALE BY TENDER PRIME RESIDENTIAL SITE DUCHESS AVENUE MM* "77 YT Site Area Approx. 57,145 sq. ft. Jj Tenure 999 years Plot Ratio/Height Control: 1.4 Up to 4 storeys TOP SCHOOLS VERY EXCLUSIVE. jTcSSTX 5 minutes walk to Bukit Timah Road, ChintM Highsoi Coronation Plaza, Nanyang Primary School and
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  • Page 12 Advertisements
    • 198 12 f[ FsrW /A-sr I LARGE RESIDENTIAL J k n IIV/ DEVELOPMENT LAND A AT DEVONSHIRE ROAD SUBJECT Parcel A Lot 578 58,1 80 sqft if %4/ PROPERTY Parcel B Lot 102-2 7,026 sqft T\\ f 132 Parcel C Lot 102-3 and 102-4 l /#/f cA ce 13,692 sqft WztSr Total
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  • Page 13 Advertisements
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  • EDITORIAL & opinion
    • 755 14  -  1 bottom line OPINION rajendra bajpai The writer is a New Delhi-based journalist who contributes to BT INDIA'S newly inaugurated coalition government led by Prime Minister Atal Behari Vajpayee of the Bharatiya Janata Party (BJP) has an obligation to the country to provide a
      755 words
    • 113 14 'In Russia today, you don't do well by doing better. You do well by seeking favours, tax preferences and subsidies. This reduces the government's income and increases the deficits.' -Bill Lewis head of the McKinsey consulting firm's Global Institute, on the Russian economy. 'Aids threatens to reduce,
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    • 613 14 EDITORIAL WHEN Nissan announced that the Japanese motor giant would cut 21,000 jobs and drastically reduce reliance on its myriad parts suppliers, many at the briefing where the dramatic restructuring plan was unveiled broke into applause. But at a time when Japan's economic recovery
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    • 699 14  -  Entrepreneurs who can change habits or take advantage of rhangpg in habits become very rich By Lester Thurow The writer is a professor of economics at the Massachusetts Institute of Technology's Alfred P Sloan School of Management LAT-WP IN A little more
      LAT-WP; FILE PHOTO  -  699 words
    • 944 14 Ronton PC lacks OS THE most important story out of Russia last week was buried in the business pages: Russia's top stock-market watchdog quit after declaring that Boris Yeltsin's government was simply not interested in enforcing laws to protect shareholders in Russia. Imagine if you found
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  • MALAYSIA news
    • 582 15 KUALA LUMPUR Debt-laden telco may need to fork ont USss3om to repay bondholders Reuters CONCERN is mounting over whether Malaysia's Technology Resources Industries Bhd (TRI) can cobble together a debt restructuring plan ahead of a bond redemption deadline just days away,
      Reuters  -  582 words
    • MARKET moves
      • 120 15 TRADING of financially-troubled Plantation and Development (Malaysia) on the Kuala Lumpur bourse has picked up substantially as market players speculated on how big a capital reduction the company will be making. Construction-based P&D had announced a restructuring exercise that involves the cancellation of shares, revamp of
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      • 76 15 TRADING-BASED Harrisons Holdings made a strong debut on the KLSE yesterday, closing 69 sen or 58 per cent above the initial public offer price of RM1.20 on active trade. Group managing director Chan Kim Poh told the media yesterday that the company was on the lookout
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      • 96 15  -  Compiled by Ruth Wong THE Malaysian Resources Corporation Bhd share price rose marginally yesterday following the company's announcement that it will sell its 30 per cent stake in an independent power producer to Sime Darby and Tenaga Nasional. MRCB, which plans to get out of the
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    • 167 15 KUALA LUMPUR Reuters MALAYSIAN Prime Minister Mahathir Mohamad's son, Mirzan Mahathir, has reached an out-of-court settlement with a unit of Nanyang Press Holdings Bhd over a libel suit, Nanyang Press said yesterday. Nanyang Press said in a statement to the Kuala Lumpur Stock
      Reuters  -  167 words
    • 428 15  -  Flotation will make it Asia's first listed airport firm by year's end FYotn Diana Oon Abdullah in Kuala Lumpur MALAYSIA Airports Bhd (MAB) is planning to raise 275 million Malaysian ringgit (*****.4 million) in a flotation that will make it Asia's first listed
      428 words
    • 343 15  -  From, Ruth Wong in Kuala Lumpur TELENOR International AS of Norway has agreed to buy 30 per cent of DiGi Swisscom from Vincent Tan for a whopping 787.5 million Malaysian ringgit (*****.8 million) cash or RM5.25 per share more than double DiGi's
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    • 415 15  -  From Ruth Wong in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad yesterday directed all component parties of the ruling National Front to re-activate their election machinery and announced the setting up of a committee to draft the Front's manifesto, signalling an election could be
      AFP  -  415 words
    • 379 15 KUALA LUMPUR Homestake fetching better prices with the rise in gold prices TRONOH Mines Malaysia Bhd, a subsidiary of mining giant Malaysia Mining Corporation, is believed to be gradually unlocking the hidden value of its investment in gold mining company Homestake Mining Company
      379 words
  • Page 15 Advertisements
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    • 111 15 Gr, r~ Busy Executive Lunch: r-Ja/./Sunday Brunch: '-UmKmrnChicken Schnii/cl. Pork Knock lev Nuremberg Sausages Hungarian Goulash. Apple Strudel ami more Garlic Bralwursl. freeflow beer Singapore's days of belt-tightening are over. oWith priccs like $14.50+++ for weekday lunch and $38+++ for Sunday brunch (including free-flow beer and live IkfPj J j
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  • Page 16 Advertisements
    • 217 16 re gue t... beyo n? the name, a story that continues to fascinate those who know The Art of Watchmaking 1 1 '^r^m- HI \eu model SOW 1999 (tof> 3577aV/s^T^^^^^^B Man s CLASSIQUE chronograph in 18<arat yellow gold with tourbillon MH with column-wheel chronograph mechanism. 30-minute and 12-hour AH Breguet
      217 words
  • SOUTH east asia
    • 564 16 11 I JI bank restructure JAKARTA Bat the UK bank says purchase of 20% stake in the Indon bank is on track Bloomberg, Reuters STANDARD Chartered Pic and Indonesia's central bank sent conflicting signals on the status of the British bank's takeover of
      Bloomberg,; Reuters  -  564 words
    • 214 16 Bloomberg [JAKARTA] The Indonesian Bank Restructuring Agency said it restructured debt worth 3.78 trillion rupiah (***** million) held by 19 firms under its control. Another 1.05 trillion rupiah worth of loans owed by seven firms is in the final stage of restructuring, Ibra
      Bloomberg  -  214 words
    • 294 16 They were allegedly falsely listed as shareholders of his shipping company AFP [JAKARTA] Some 200 farmers and labourers are planning to sue a son of former president Suharto for allegedly falsely listing their names as shareholders of a shipping company he
      AFP; FILE PHOTO  -  294 words
    • 240 16 Reuters INDONESIA'S central bank governor said yesterday that he expected the rupiah would not strengthen beyond the 6,000 barrier to the dollar. Syahril Sabirin, speaking after a meeting with President Abdurrahman Wahid on monetary policy, also said he saw year-on-year inflation
      Reuters; Source: Bloomberg  -  240 words
    • 422 18 MANILA Buenaventura wants to avoid an oligopoly resulting from wave of bank mergers Bloomberg THE Philippine central bank governor said the country needs more foreign banks to prevent the bank merger wave that he has encouraged from leading to a cartel. "What we want to
      Bloomberg  -  422 words
    • 262 18 MANILA Index declines to eight-month low led by developers Bloomberg THE Philippines' benchmark stock index dropped to an eight-month low yesterday, as developers such as Ayala Land Inc fell on concern that accelerating inflation will push interest rates higher. The Philippine Stock
      Bloomberg  -  262 words
    • 191 18 MANILA Bernama THE International Air Transport Association (lata) has readmitted the Philippine Airlines to its clearing house facility after PAL settled its US$32 million (5553.4 million) obligation, an official said yesterday. PAL spokesman Rolando Estabillo said the readmission restored PAL's inter-line links with nearly
      Bernama  -  191 words
    • 244 18 HANOI They say the move won't do much to stimulate economy Reuters [HANOI] Foreign and local banks criticised Vietnam's fresh cut in the ceiling rate on monthly dong loans yesterday, saying the move would probably do little to stimulate economic growth.
      Reuters  -  244 words

  • INDON cabinet
    • 1280 17  -  Gus Dur's top priority will be to end the longstanding problem of KKN Alwi Shihab, a GusDur right-hand man and likely foreign minister, spoke to YANG RAZALIKASSIM, BT's Regional Editor, in Jakarta yesterday. We reproduce below the interview he gave. YANG RAZALI KASSIM I
      AFP  -  1,280 words
  • Page 17 Advertisements
    • 179 17 a story that continued to fascinate those who know and care about Time. ■w*' w New model 51HH1999 <M- *****A/15f2VU) Man's CIASSIQUE chronograph in 18<arat yellow gold with tourbillon placed at 12 o 'clock. Hand-uvund movement with column-wheel chronograph mechanism. 30-minute and 12-hour counters. Compensating balance spring with Breguet overcoil.
      179 words

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    • 139 18 She's just called to say that she'll be half an hour Do A) Sigh and pick up the menu? B) Sigh and try to pick up the waitress? C) Say 'No problem darling', take out your Ericsson MC2IB and reply to your e-mails. r «p° '*v'"^*s ■.v e M A
      139 words

  • EAST asia
    • 416 19 MILLENNIUM COUNTDOWN Computer server firm sees no hiccups at Asian, US exchanges it services Reuters THE head of Stratus Computer Inc in Asia said yesterday that the fault-tolerant computer servers it has provided to some of the region's major stock exchanges were Y2K-ready and would not
      Reuters  -  416 words
    • 384 19  -  Hutchison won't leap at Vodafone's hostile offer: analysts From Meera Tharmaratnam in Hongkong HUTCHISON Whampoa said yesterday that it expects the takeover of its cellular unit Orange pic by Mannesmann AG, the German-based telecommunication company, to go through. It said this in
      384 words
    • 514 19 HONGKONG Investors line up hours before the start of the sale of np to HKslob in shares Bloomberg THOUSANDS of people lined up for the Hongkong government's sale of part of its HK$2OB billion (5544.7 billion) share portfolio, raising hopes of strong demand for
      Bloomberg; AFP  -  514 words
  • Page 19 Advertisements
    • 128 19 67 DAYS SHARP f———^ Ultr Co ct MpcG-NVSXM) with wireless EQUIPMENT CENTRE TEL: 336 8122 PROJECTOR WORLD TEL: 339 9449 ULTIMATE LAPTOP SHOP Tel: 338 6253 VOTREX Trt 338 048S opnujpc /COLLECTION CENTRES COLLECTION CENTRE——— DUAN EE 55 Lorono L Telok Kurau #01-67 BriflWCwM Singapore4237B6 1 836 1216 F«c: 733
      128 words

  • SOUTH asia
    • 245 20 NKW DELHI 55% of respondents in CII survey expect things to get better Reuters THE general business situation in India will improve in the next six months, a survey released by the Confederation of Indian Industry (CII) said yesterday. CII said it surveyed 205
      Reuters  -  245 words
    • 445 20 NEW DELHI President says India to push reforms to achieve foster growth of 7-8% Reuters, Bloomberg, AFP INDIAN President KR Narayanan said yesterday that the country will aim to boost its software exports to US$5O billion (5583.4 billion) a year by 2008. "The Ministry
      Reuters,; Bloomberg,; AFP; REUTERS  -  445 words
    • 127 20 ■BOMBAY INDIA'S largest housing finance company yesterday posted a 16 per cent year-on-year rise in net profits to 1.7 biUion rupees (Ss7o mUlion) in the six months to September. Housing Development Finance Corp Ltd (HDFC) said overaU income had risen 11 per cent
      127 words
    • 186 20 NEWDELHI Bloomberg RANBAXY Laboratories Ltd, India's second-biggest drugmaker, said its third-quarter profit rose 54.6 per cent, boosted by money the company earned by licensing its technology. Profit rose to 779 minion rupees (Ss2B million) in the three months ended September from 504 million rupees
      Bloomberg  -  186 words
    • 124 20 KARACHI Bloomberg PAKISTAN yesterday lifted the ban it imposed two weeks ago on money changers that prevented them from conducting foreign exchange transactions soon after the country's military took control of the government. "We have aUowed money changers to resume normal business from today,"
      Bloomberg  -  124 words
  • Page 20 Advertisements
    • 989 20 India reforms need drastic attitude change, Pg 14 [notices To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Amtek Engineering Ltd I® (Incorporated In The Republic of Singapore) j Notice Of NOTICE) IS HEREBY GIVEN that the Nineteenth Annual General Meeting of AMTEK ENGINEERING LTD will be held at
      989 words
    • 524 20 M TMi MATTER OP tm oommmm act, car so ANO ■TMwimor KAT-PAC TKAM PTI LTD (In Momfetrs* VMwtvy Li^uMstiofi) At an Extraordinary General Meeting of the members of KAT-PAC TRADE PTE LTD duly convened and held at 2 Fnlayson Green 109-06. Asia Insurance Bo tiding, Singapore *****7 on the 25
      524 words
    • 91 20 The Warwick Masterclass Series A rare opportunity to spend two days with Professor SDS Peter Doyle, one of the undisputed masters of modern MB Marketing, Growth Shareholder Value BH V A workshop for senior executives 2-3 November 1 Ml Trader's Hotel, Singapore «B "I I Advanced Marketln s VHHHBHHHHH A
      91 words

  • WORLD news
    • 402 21 TOKYO Rise in volume of goods sold overseas points to region's revival: analysts Bloomberg IN a further sign that Japan's economy is coming back to health, the country's merchandise trade surplus with the rest of the world rose more than one-fifth in September. The
      Bloomberg; Source: Japan Finance Ministry, AFP  -  402 words
    • 263 21 TOKYO It suffers worse than forecast interim loss of 4&Bb yen Bloomberg NEC Corp, Japan's largest maker of personal computers and microchips, said firsthalf losses widened as sales of computer memory chips slumped and it sold less telecommunications equipment overseas. Tokyo-based NEC
      Bloomberg  -  263 words
    • 195 21 TOKYO Bloomberg WORLDWIDE sales of equipment used to make microchips surged 74 per cent in August, the second straight gain after 15 months of decline, supplying further evidence of recovery in the global chip market. Chip equipment sales rose 74 per cent
      Bloomberg  -  195 words
    • 422 21 USYDNEY The Aussie exchange's lst-qtr profit rose 40% to Aslo.9m Bloomberg THE Australian Stock Exchange Ltd (ASX), which yesterday reported a 40 per cent rise in its first-quarter operating profit, disclosed that it is holding talks with Asian stock exchanges, including
      Bloomberg; FILE PHOTO  -  422 words
    • WORLD Watch
      • 92 23 Reuters INEW YORK] AT&T Corp, the No 1 US long distance telephone company, yesterday said its third quarter operational profits fell 4.5 per cent as price competition and weakness in its consumer long distance unit offset growth in its wireless, Internet and business units.
        Reuters  -  92 words
      • Article, Illustration
        52 23 Reuters [LONDON] Artist Steve McQueen's exhibit "Deadpan 1997" is on show at an exhibition for the finalists of this year's controversial Turner Prize at the Tate gallery. McQueen's work includes a recreation of Buster Keaton's famous stunt when he is left unscathed by a house that collapses around
        Reuters  -  52 words
      • 55 23 Bloomberg [IRVING, Texas] Exxon Corp, the largest publicly owned oil company, said third quarter earnings rose 7 per cent as crude oil prices surged. Net income rose to US$l.5 billion (552.5 billion), or 61 cents a share, from US$l.4 billion, or 58
        Bloomberg  -  55 words
      • 83 23 Reuters [ST PAUL, Minnesota] Minnesota Mining and Manufacturing Co, the industrial conglomerate better known as 3M, yesterday posted an 18 per cent jump in third quarter earnings that surpassed Wall Street estimates, buoyed by productivity gains and a strong flow of new products. 3M, whose
        Reuters  -  83 words
      • 63 23 Reuters [TOKYO] Japanese telecoms giant Nippon Telegraph and Telephone Corp (NTT) yesterday said it was considering cutting jobs and investments in a restructuring move ahead of a planned government sale of NTT shares next month. NTT said it may cut its group work force to
        Reuters  -  63 words
      • 97 23 Reuters [DANBURY, Connecticut] Chemicals company Union Carbide Corp yesterday posted lower third quarter earnings that fell short ofWall Street's expectations, due mostly to higher costs of raw materials. Union Carbide, which is in a deal to merge with Dow Chemical Co, said third quarter net
        Reuters  -  97 words
      • 68 23 Bloomberg [WHITE PLAINS, New York] Texaco Inc, the third largest US oil company, said third quarter earnings more than doubled on a rise in oil and natural gas prices. Profit from operations rose to US$453 million (***** million), or 83 cents a share, from US$2OB million,
        Bloomberg  -  68 words
    • 537 23 NEW YORK The industry must prepare for keener competition as US banks will now be able to merge with securities and insurance firms IHT THE global financial industry, fresh from a round of megamergers, now must brace for another jolt
      IHT  -  537 words
    • 394 23 WASHINGTON Govt figures to show 0.9% rise in salaries, 4.6% growth Bloomberg US economic reports due out this week will be highlighted by numbers likely to show that labour costs and overall economic growth rose in the third quarter, analysts said. "Thursday
      Bloomberg  -  394 words
    • 473 23 PEOPLE Reuters Billionaire Donald Trump, calling Republicans "too crazy right", said on Sunday he is quitting the Republican Party a key step in any bid for the Reform Party nomination for the 2000 presidential election. "I really believe the Republicans are just too crazy
      Reuters; FILE PHOTO  -  473 words
    • 910 23 Trend of selling ideas, instead of planning viable businesses, may cause Net firms to stumble NYT [NEW YORK] The desire to cash out big is not a new motivating force in the technology industry. But what is striking about today's Internet economy is
      NYT  -  910 words
  • Page 21 Advertisements
    • 709 21 V> v t *>a m A, j Fly once. xa(w Fly free!^ World Perks, the global mileage program of Northwest Airlines and KLM Royal Dutch Airlines, is Asia Pacific s most generous. So generous that with this promotion, just one flight is all yoi/need to fly free! 5 FLY ANYWHERE
      709 words

  • Page 22 Advertisements
    • 2774 22 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 I Kk[ KIA N ANN ENGINEERING LTD The trusted name in tractor and diesel engine parts (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company
      2,774 words

  • Page 23 Advertisements
    • 187 23 Intensive 2-day seminar on I Business Strategy I for the Millennium 1 The Financial Controller's Forum I An agenda of in-depth sessions on strategies to improve the 1 finance function and take on challenges in the new millennium fi S ROLE OF THE FINANCIAL CONTROLLER IN THE MILLENNIUM I The
      187 words

  • Page 24 Advertisements
    • 463 24 i -U-. w-- r"'Hi:,... f:k' v-*-S^l4l 't c'- y S»" .> '*">'■•*-- i; v f --V .-r 1 .vi"' r M*. i r r -v l :>: r ?-i:.«.B§rv rvif ;i' j w*3se2M ~'X" r-. vr"U'.-} r*: V 4 i.fe" '-v.-£,;: v l'l LAX M I 1 1 :M *''W
      463 words

  • FINANCE & commodities
    • 265 25  -  simri ik Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market closed mixed in quiet trade yesterday, ignoring the solid gains on Wall Street last Friday despite firmer regional markets. Besides the lack of interesting market-stirring scoops, investors remained sidelined while
      265 words
    • 169 25  -  MSCI Taiwan (Mores Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures rose yesterday following Taiwan Semi conductor Manufacturing Company's announcement after tht mcuKet closed on Friday that net profit had tripled in the third quarter, reinforcing investors' confidence in the
      169 words
    • 256 25 ENERGY REPORT Reuters [LONDON] OU prices yesterday were lifted within a dollar of the year's high after fresh signals from Opec that it would consider extending the duration of its limits on exports. International benchmark Brent crude gained 23 cents to U5523.16 a barrel
      Reuters  -  256 words
    • 320 25 Reuters London THE euro shook off early weakness and bounced modestly against the US dollar yesterday, supported by rekindled expectation of a near term European Central Bank credit tightening and concern over US asset markets. The single currency, which extended its decline from an Oct 15 high of
      Reuters  -  320 words
    • Article, Illustration
      1233 25 INTERBANK CROSS RATES Oct 25 AS C$ tort Ero Ffr Dm HUS Ind»»taptah Yon Won W H2$PiH» Pwe S$ land Sir OT$ Bafct NmX US$ Australia 0.964 6.178 0.602 3.948 1177 5.054 28.248 44.885 0.686 7.840 2.472 1.262 ***** 26.016 1080 3.982 0.975 20.607 25.244 0.391 0.649 Canada 1043 5.617
      1,233 words
    • 1810 25 8IC01I FUTURES Oct 25 RU8KR (Mint cJostaq as rt 5.30pm) RSS1CONTVACT (S cert»A?) Clooo Votamo OpM MOftth HhMi Low Sott (towm) tntT»st NOV 99 115.25 -100 Doc 99 117.25 1200 JM 00 120.75 tOO Fife 00 123.25 100 RSS 3 CONTRACT (US cwts/k?) VoiMM OpOfl Mowtt Hl(j* low Sott (tomm)
      1,810 words

  • STOCKS east asia
    • 2792 26 HONGKONG AFP Hang Seng +17L10 HONGKONG shares rose 1.3 per cent yesterday to reclaim the 13,000-point psychological level on follow-up buying sparked by positive corporate developments and a firmer Wall Street, dealers said. "Sentiment has been boosted by the outperformance of several
      AFP  -  2,792 words
    • Article, Illustration
      946 26 AFP Index -&21 SHENZHEN'S hard currency B shares gave up their early gains to close slightly lower yesterday amid weak market sentiment, brokers said. The B Share Index shed 0.21 point, or 0.3 per cent, to 76.24 as turnover fell to HK510.39 million from HK119.68 million on Friday. Shenzhen's
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  946 words
    • 350 26 AFP QWP Intel +12U4 TAIWAN shares rallied 1.6 per cent yesterday led by the financial sector as investors were relieved the second earthquake to rock the island in a month did little damage, dealers said. "Investors rushed to buy financial issues on expectation that Friday's quake would not further
      AFP  -  350 words
    • 1952 26 TOKYC AFP Qnum ♦awii SHARE prices in Tokyo gained 1.2 per cent yesterday, with investors encouraged by strong gains on Wall Street at the week-end, brokers said. The Nikkei Average 0f225 selected issues finished up 209.99 points at 17,648.79. The Topix of all issues
      AFP  -  1,952 words
  • Page 26 Advertisements
    • 37 26 jMBK ja Writing Instruments Watches leotbir Jtwelltry Iy»w e or Montblant Boutiques: Ngre .-tun Ciry #91-34. Raffles City POl-37A, Far,tgon #Ul■ I 8 Corner Witch /Waw Montblnnt Service Centre: Far,ifon 901-IH IV|J*fPW MSWjBBBw -y ?^jp| $M MKBm
      37 words

  • STOCKS klse
    • 7644 27 INDUSTRIALS CoASMMf products 1999 Last Vol Day N«t Cap High Low Company Solo 'BOO Htgll U» Pit 440 255 Ajinomoto 310 19.7 125.6 174 46 Angkasa 99 4 13 99 95.5 146.0 404 220 Apollo food Hlg 320 2 2 320 320 7.6 128.0 294 115 Borjoyo Land 179 -1
      7,644 words
    • 436 27 AFP MALAYSIAN share prices ended mixed yesterday, with profit-taking paring early gains as the market settled into a lull before an expected gain in momentum preceding the national Budget. "The market is falling into a quiet moment for now," said a dealer with a
      AFP  -  436 words
  • Page 27 Advertisements

  • SES clob & regional stocks
    • 2881 28 BONDS A WABBAMTS Oct 25 m wn* u*y M M Utf M bay I Iiiniili A«| mart Caa* (Mr CaaM Mia £>urn m, tmmm a f imi u. m*m i— w n>> u* 104 9 3160 »Acar ******1US9 37.5 susp 311 J "JJ 21 80 14 s 3164 Acm4 ******4
      2,881 words
    • Article, Illustration
      672 28 AFP D Composite Index -?il INDONESIAN shares closed down yesterday as Investors locked in profits notched up on the back of the outcome of last week's presidential elections, dealers said. The market was also pressured by negative sentiment prompted by concerns over the Cabinet after President Addurrahman Wahid said
      AFP  -  672 words
    • 276 28 AFP Qlbml* -2122 SHARES dropped 1.3 per cent yesterday on renewed worries of inflation following a series of oil price hikes, brokers said. The Philippine Stock Exchange Composite Index fell 26.22 points to close at 1,920.46. A total of 1.6 billion shares worth 1.6 billion pesos changed hands. —AFP
      AFP  -  276 words
    • 566 28 AFP QAD Ordinaries +18J MAJOR blue chip companies boosted Australian shares 0.6 per cent yesterday, dealers said. The Australian Stock Exchange's benchmark All Ordinaries Index finished up 18.1 points at 2,855.4. News Corp, Telstra Corp and the National Australia Bank led the All Industrials Index 44.5 points higher to
      AFP  -  566 words
    • 278 28 AFP n Composite Index -20.68 THE Korea Stock Exchange Index closed down 20.68 points at 798.84. Volume was 2.7 million shares worth 2.7 trillion won. —AFP MM *b AnamSwitf- MaOO HIM Brain Tacfi 22*0 uneh C antral Bank 294S -105 Ctwtt Comm ***** 500 Dm Gu Ban* 4280 130
      AFP  -  278 words
  • Page 28 Advertisements
    • 72 28 TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING. The stock markets in Thailand and New Zealand were closed for a public holiday yesterday The grass is always greener on the other side. With so many choice properties for sale in The Straits Times Classified daily, it's no wonder our readers are tempted to seek
      72 words

  • 7591 29 MAIN BOARD Transaction date: Oct 25 Or Gr M Wt 52-W1I Last Vol Day L»«t Ouot« Otv w* Yld NjJ Cap A»g hmi l— wm cii>««» mi rooot wmi m imw mn> cue W W ww MULTHMtfSTRY 182 17.5 m b tOOO Acma 50c 111 cd *1 183
    7,591 words
  • Page 29 Advertisements
    • 62 29 Multiply your wealth. 1 f Kg Equity Investment Account from Citibank. W flHi 19 Gives V° u credit to invest in shares and interest on V° ur positive balance. \lj HJI What better way to multiply your money? W Call 339 7126 to open an account today. Or visrt our
      62 words

  • EXEC lifestyle
    • 625 30  -  City residents air their views on its restaurants, cams michaud reports CHRIS MICHAUD Reuters TAKING in everything gastronomic from kosher hibachi tables to the Big Apple's lone outpost for German-Caribbean fare, the year 2000 Zagat Survey of dining habits made its debut yesterday, with
      Reuters; FILE PHOTO  -  625 words
    • 581 31 GOLF At jnst 23 years old, this driven golfer still has his best years ahead NYT [LAKE BUENA VISTA, Florida] Instead of being spoiled by success, Tiger Woods seems motivated by it. As darkness fell on Saturday night after
      NYT; REUTERS PHOTOS  -  581 words
  • Page 30 Advertisements
    • 338 30 Special Feature November 30, 1999 ,&M v- v itt TMMB E The tide has turned. The shipping industry has picked up dramatically in the past year. It's all systems go! z Around the world, aging fleets have to be repaired, converted or if replaced and local shipyards can develop more
      338 words

  • Page 31 Advertisements
    • 233 31 Where to wine, dine and entertain... »crMaMuZ^"ilue. MB Treat yourself to a wide range of Japanese cuisine. Enjoy Tempura, Sushi Rolls, Sashimi, Soft Shelled Crabs and many more plus tantalising desserts. Buffet Lunch fit Dinner: #23.50 (Adult), 50% discount (Child) (Lunch daily except Saturday "Tunch"from 12 noon to 4.)opm Dinner
      233 words
    • 35 31 CELEBRATE THE LAST CENTURY WITH DE GRAND H'ippY //ours 5.1 Hip in to 9. IKlpm per ni(i£ I >r.ill kvr |>i r |iij; t IM)». j it ft' lit hits .Mexican Mongolian dl §!li„uin Hainanese
      35 words
    • 29 31 S. Advertise in Wine, Dine Entertain of The Business Times. Contact Patrick Ang at 740 1284, I Amy Choo at 740 1559, or Shirley Lee at 740 2290 now.
      29 words
    • 93 31 I $|y feljjfbfrlr i I M Jl I Weekday Special Lunch Menu Y \1 $4.50 nett per item with FREE-CHOICE of one coffce/tca, soft drink orCkin Chow Katsudon j (Deep Fried Pork Cutlet topped with Egg and Owion) j Stir Fried Tang Hoon with Mixed Seafood y 7 j (Bean
      93 words
    • 40 31 BBSdow with soothing live English entertainment. j Happy Hours 6pm 9pm daily $s+++ on all house pours 20% off all other drinks Reservations: 831-6310/6288 i ~fir HaJttkirui LIJ Sugaporr 333 Orchard Road, Singapore 23M67. W: 737 4411 Fax 732 2161
      40 words
  • Page 31 Miscellaneous
    • 1134 31 CRYPTIC CROSSWORD 1 Desultorily read some lines in 1 PI I I—X 5 A skilled worker ran it as re10 Let in— for the first time! II IB! SB HI 9^ 11 Strike directors as a good ba 13 A hard case a woman will join 28 Beg leaderless men
      1,134 words

  • KNOWLEDGE economy
    • 875 32  -  Some MNCs tell toh bam ssm how they encourage their staff to share work know-how TOH HAN SHIH [SINGAPORE] Employees must share knowledge if a company is to have effective knowledge management. And that's something that few people from the highest to the lowest ranks
      SIEW YAW HOONG  -  875 words
    • 725 32 ATKITa.TTM There are solutions for online merchants MUCH has been said over the past few years about the exciting business prospects that the Internet offers. However, the problems that challenge e-commerce have often been overlooked. Even more neglected are some of the solutions to these
      725 words
  • Page 32 Advertisements
    • 111 32 GOT A QUESTION OR COMMENT? Please e-mail ebusiness@sg.orade.com. BT will respond to the e-mail 01*3 CIG the world's second largest software company is... IBM 6% WL r y IBM 18% A./ Microsoft 9% *!m/ fUdjV Microsoft 5% Database Use/Top Web Sites* RDBMS Market Share** The world's most successful companies rely
      111 words
    • 2 32 IMul oaCLJE
      2 words

  • SHIPPING TIMES
    • 165 33 Bridge News Reuters PAN AM AXES ended the week on Friday holding recent gains but several brokers said the market was nearing the top of its current run. This was reflected in the Baltic Panamax Index which rose just two points to 1,352, while the Baltic Freight Index
      Bridge News; Reuters  -  165 words
    • 270 33 tta a w CWT Otttrrtsuttoc 1.19 unch 2 Chuanm® L69 0.07 22t4 Cosco Inyastnoanl U1 0.05 3 FrataM Unlu OJO aoi 464 osHoMnes an ouos o Hal Sun Hup 0.65 0.02 33S MCHotdlngs-HK —3.60 unch 0 089 0.01 28 JurangShtpyard 7.70 -0.15 68 KappalCorp 4.62 unch 954 K*0P«
      270 words
    • 516 33  -  Aussie fast craft builder seeks S'pore partners for alliance to look into feasibility of project By. Ann Toh [SINGAPORE] Australian fast craft builder Austal Ships is actively seeking Singapore partners to join a soon-to-be-formed alliance to evaluate the feasibility of a fast freight catamaran
      FILE PHOTO; Source: Austal Ships  -  516 words
    • 479 33  -  Shipping lines last year carried more cargo bnt earned less revenue: Dre wry From David Hughes in London CONTAINER shipping companies are no nearer solving the riddle of how to turn growth into profit, according to a new report which casts doubt on the
      479 words
    • 184 33 [SINGAPORE] The region's shippers are facing more bunker surcharges as shipping lines continue to act to recover rising ftiel costs. A group of 10 main line operators (MLOs) on the Far East-Mediterranean trade are imposing a US$37 (5561.42) per TEU bunker adjustment factor (BAF) from Nov
      184 words
    • AIRBUS industrie
      • 764 34 Order for long-range A34os and 20 planes in the A 320 family loosens Boeing's stranglehold on Chinese market Bloomberg [LYON, France] CHINA will order 28 planes from Airbus Industrie worth about US$l.B billion (Ss3 billion), French President Jacques Chirac announced after meeting Chinese President Jiang Zemin
        Bloomberg; FILE PHOTO  -  764 words
    • 191 34 PAGE 0)* Lloyd 8 ACL 6 Oongnama 3 m 3 ECUUne 6 Accord 8 ECl 4 Appenship 5 lm 6 KM FOOO,SUn 6 Link 4 Balaj.Shpg 5 GetMrtrare 6 BSA 7 Hangli 7 BtangMas 8 7. Hanjw 3 CCIM 7 Heung-A 4 CMA 8 Hyund* 7 C0SC0
      191 words
    • 19885 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number n/n 21/n Han M n KAMA BHUM 471 65 *****35 To ABIDJAN (ABJ) 2003 Cote D'lvolre n/n 19/12 ncpl cmekiang vmt
      19,885 words
    • SHIPS IN PORT
      • 606 45 VmmI Voy No 6*fth Arrtv»l D#p«rtur« 2A J M '51 25/10/0:45 31/10/730 L2to»67 Nc/23 J02 25/M:tt 26/10/830 j™ ***** J01 25/10/835 26/10/2030 J02 2VMM nnomo T2?SW« 4 J05 25/10/8:30 25/10/2030 D S«Wrt*r» 1002*9 J03 25/10/8:15 25/10/23X10 650 J03 25/10/8:45 25/10/23:59 Bt MMur *****9 J01 25/10/10:10 25/10/1830 rwortT 8A
        606 words
      • 1779 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boohing/Bolonco B»tl$ Sfilp Voy No Etb/Btr Ptrtod From To From 2 SS88 in Aa™ bos n**oo a sg jgs SSS J 2V0700 25/WM S2J2 4 25/1200 2WW 25/1700 SSStH -S, 26/13 00 a -2VJ700 25/0JM 2VM00 I 25/0700 25/H59 2VT400
        1,779 words
      • 169 45 Oak 9t Austria: National Day. Oct 28 Greece: Oxi Day. Nov 1 Philippines: All Saints Day. Nov 3 Japan: Culture Day. Nov 5 Brunei: Meraj. Nov 9 Indonesia: Ascension Day of the Prophet Muhammad SAW. Sweden: All Saints Day. Nov 7 Malaysia: Deepavali. Singapore: Deepavali. Russia: Day of
        169 words
      • 738 45 THIS report, compiled by Cockett Ma line Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movement* are indicated. The Cockett Bunker Price Index change and the
        738 words
      • 226 45 180 Mai WW 12 M "I 74 0.09 llk s«dlewit No rtow E25 1 1 Oct 21 PwWt Itotf Afc—M 9Q9 0.4 RJ 0.06 20 0.02 MO to WW 0.9 *1 0.06 56 0.04 M/IM %1ft M/M »M/» W »*«W635 2 g£ a a a a
        226 words
    • AIR & LAND transport
      • 489 46 Cargo volume also rose in first half of this year by 3JB per cent Reuters [GENEVA] Strong growth in Europe and continuing recovery in Asia and Latin America helped to expand passenger traffic at airports by 4.5 per cent in the first
        Reuters; FILE PHOTO  -  489 words
      • 329 46 Reuters [MUSCAT] Oman is considering allowing local and foreign investors to set up a new private airline to help boost tourism and trade in the country's southern port city of Salalah, a chamber of commerce official said. The official said the Oman Chamber of Commerce
        Reuters  -  329 words
      • 382 46 Reuters (TORONTO] Canadian conglomerate Onex Corp demanded that Air Canada reveal any "poison pill" provisions contained in the airline's Cs93o-million (551.04 billion) plan to merge Canada's two main carriers and place them in the Star Alliance code-sharing network. A "poison pill", or
        Reuters  -  382 words
      • 1581 46 On FU6MT ETA FU6HT ETO IA73M W5 LHU73 2355 MM* M730I WO M7302 2055 jg* 055 om mo oft2 2055 r*m*m so9w bio sowo ows AN0229 2230 (m H227W 0745 £2 SNtlW Q3MM C2351 2045 $0004 1020 AMtaftM ***** 0435 K1044 0040 VK741 13*) VK740 1410
        1,581 words
  • Page 33 Advertisements
    • 388 33 DQKQH wmvwtxm Malta* PMttop E-ftßtahf'99 ShUlcerCourtaf S N SC> The Maritime and Port IQPC Worldwide is is oroanteirraa tour to Pa- Authorit V of Singapore is organising the first Asian organising a seminar on conference on Nnvu?at ?Innm The port design and operation E-Purchasing from Nov 29 wifwlwl technology on
      388 words

  • Page 34 Advertisements
    • 686 34 m mm }j/]j 51/! I S/ii I ,m,v,wo m ,$/w i5/i# 17/11 h/m m/i# w/i ooaoau uwmi n/io o//n m/ii I monbuoybnbmum mi w/io n/io m/ii m/io j;/i« 01/11 m/ii m/ii OOQ MtTAM MWS43 17/1# 14/11 14/11 nomUOTOMMZOMAS Ml lf/1* If/1* 11/1* *1/11 M/ 11 «*/11 11/11 W" lasu EAST
      686 words
    • 646 34 Unas services represented u »»y Members of thm Registry of 9 <* Accredited Shipping Agents. U|U Singapore Frwght Forwarders Sfeore National Shipping Assoc. Association PH ULY UNE MALE Ivissa I voy I iu HS m P. KLANC SfOtl mil Princes Lily V 0999 23/10 27/10 05/11 Empress lily V 0699
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    • 1068 35 BUM < li^l SAX StRVKt (DIRECT) »Bsa vdy sua uxooupmhouchi ax mbi ah ntc oist 27/iq n/ii )6/ii »6/ii i6/n lt/n u/n 16/n iy/n 17/11 AW GAWP 01» 03/11 U/ll 23/11 23/11 23/11 23/11 23/11 24/11 24/11 25/11 <Hglß 0151 2S/11 30/11 02/12 02/12 02/12 02/12 02/12 02/12 03/12 03/12
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    • 1786 35 ®HANJIN SHIPPING jik Pl -am nan mmw swmwG(S)rn lip km* m nom, imrnw smb rmm m documht mnn v* oftmioK rercsom maun ru mmi ax nsvnooooM TO NW USA CANADA USA ri*\NAITA* FM VSL/VOY OAM SM UM HAUL/VOY id TIW KM POX 01 HSF fTT DTT MEM pit MM TVS
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    • 87 35 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73/*****63 Email: wgate©mbox2.singnet.com.sg Calcutta f Chlttagong PORT~LQUIS [30/10 I Karachi COLOMBO 29/10 I KARA CHI/LAHORE 28/10 Bombay V bombay 27/10 I MADRAS/BANGALORE 29/10 CALCUTTA 30/10 Colombo*
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  • Page 36 Advertisements
    • 1340 36 DSR-SENATOR LINES TO UK/CONTINENT TO MiaJfIIBHANEAN€ANADA vcssa Ivor fan lb> btm urn mi |mv lax] *aa w* J! ?E ?!—————!s!L mummtum B7iw aw an n.n mi nil *1.11 Shanghai wnaton bmw mm mji m.ii w.ll aii nil puoownMTon Bin* bii mi mi an an an aw mm trade s&bc H2CW
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    • 851 36 m. Am MAR-HELS SPfiRE M'SIA I UtTaTj Carriw. Mil COUTH LHIES, INC p.guoang:(ot)3B6372B I JVy I OK MO: **********0 C SOU: (084) *****9 MAMLA: (832)*****24 PENANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKE (21) *****46 KUCHWQ (082) *****1-3 HO CHI MINH PORT KLANG MV
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    • 580 36 lis EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VKMI SPORf N. SHEVA COLOMOO P.KLANS CAPE CANAVERAL V II3W 25 OCT K NOV M NOV 14 NOV TULSIDAS V.IH r NOV (OCSCH/ DRY DOCKING ONLY) TARPON SILVER V IBOW M NOV II NOV 23 NOV 20 NOV CAPE CANAVERAL VII4W 15 NOV a
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  • Page 37 Advertisements
    • 1702 37 [vessel vov khh hkc sin pko pqb dxb dmm Iba I bik IRAN BAAKERI PCL-5125 20/10 22/10 20/10 27/10 05/11 06/11 07/11 09/11 11/11 IRAN TEYFOURI PCL-5126 27/10 29/10 02/11 03/11 12/11 13/11 14/11 16/11 18/11 IRAN SHAHRYAR PCL-5127 03/11 05/11 09/11 10/11 19/11 20/11 21/11 22/11 24/11 IRAN BAABAEI
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    • 1098 37 Sailing to Mm NoMdM, 1 Djibouti (Via Dnhwi) J MRO#, MSOHRO TIL- 226 1900 FAX; *****08 OUTWARD (l/L) 4205#O^^OHOREOFFKr^^™ ~^™"^^™,1 COSTAR SHIPPING PTE LTD #12-00 SAIIS/IKGS *****57/60 INWARD DEff (0/0) *****05 COSTAR AGENCIES (M) SDN BHD 06M98 CONVENTIONAL *****50/55 T/SHPMT DCfT <*****5 nLQ2-0M*****6 FA*02******170 (ID "WW* ON UN W/W ON
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    • 1272 37 EUROPC EXPRESS SiKVICI EXPORT IMPORT VTSSfI 1 VOY IMI IUN 1 OTM AM I MAM I OHV |RX VBSa VOY 118 FU« IHI I B I M ruDONGsw onw o; 11 19/11 21/11 arTTi 23/11 24/11 2S/11 pqotugaisen owt 07/10 *09/10 12/10 1 iSTio 31/10 PUSAN SEN .011W.09/1 1 .24/11
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  • Page 38 Advertisements
    • 1444 38 EUROPE/UK/SCANPINAVIA/FIHLAND/RUSSIA SGP ROM ANW HOG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E 01 VINE RW-007 31/10 18/11 24/11 20TI1 22/11 23/11 24/11 E REPUTE RE-021 07/18 09/10 08/10 lOflO 12/10 31/10 01/11 E DELIGHT RW-010 07/11 25/11 01/12 27/11 29/11 30/11 01/12 E. RACER RE-021 07/11
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  • Page 39 Advertisements
    • 479 39 M MYANMA I WBBk FIVE STAR LINE (Myaanar National Line) P loading for Yangoß (Rangoon) j yESSEI VOY SIN PEL PEN rGU J KENG TUNG 4W SIB SAGAMG «W SU MALAVStA AGENTS: OOUSTEAO SMFFM6 AGENCIES KUL TEL (03)*****00 PKL TEL (03) 37*6101 PEN: TIL (04)2****** PGth TEL (07)*****21/4 BANK LINE
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    • 1133 39 HYUNDAI MERCHANT MARINE CO., LTD. uro vorfsMlsoulin|iiM|Mn|HM|MV|n Ivb» voTlsou|tßi[«w|Aiii|HAa|wv|«. _w_ iMiiwi iwm */io 15/11 20/11 17/11 IS/11 DM S2H 01/10 00/10 03/10 05/10 17/10 LA LOOS S3OW »/10 H/U 14/11 14/11 MY COMMOOOtf HH 04/10 W/101/10 07/10 M/l« HYGBOAL MIW 01/11 17/1111/11 JO/11 D/ 11 MT DUB JW 04/10 IJ/10
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  • Page 40 Advertisements
    • 1864 40 INDONESIA NATIONAL LINE TO AUSTRALIA I RJLL COffTMNER BQIVICE fiL VCTIWC Ml 1 m STP HE Aft MHMAI Wl W/H 44/11 M/ll 14/11 19/11 itowßiAK Ins I tyn iyn is/ii i;/ii »/n ARNOtT Itsl "it/ii w/ii ARMBUm llW| [3»/lll«/n|x/nl |p/17l FEEDER SERVICE TO INDONESIA VU VOT 9m SBAtATA ILNMMK HNIAK
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  • Page 41 Advertisements
    • 55 41 n NEW BREAKBULK SERVICE I osojMira im For Complete MjHMM Schedules Information See PACC CONTAINER LINE Turn To Pg 5 on 5 FR. MEYER'S SOHN iMfllfßfa SPECIALISTS IN Dedicated Forest/Paper Machinery EAST MALAYSIA products Heavy Lift Service Container Project Crosstrade Turn To Pg 14 every Mon/Wed/Fri Details See Pg 4
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  • Page 43 Advertisements
    • 56 43 VmTal Dial 740-6000 OflG€ *****10 (Retrieve more schedules!) Press '1' Select the port and key in the four digit code eg: To New York (NYC) 2275 Sl£) Key in your fax number J Enter your phone number Another Innovative service offered by C document Will be SHIPPING TIMES s JmJ
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  • Page 45 Advertisements
    • 169 45 Kli Special Feature November 30,1999 s aJM r The tide has turned. The shipping industry has picked up Zmm. dramatically in the past year. If s all systems go! E Around the world, aging fleets have to be repaired, converted or E replaced and local shipyards can develop more market
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  • Page 46 Advertisements
    • 409 46 A two-day, practical workshop on The Supply Chain 24th-25th November 1999, Concorde Hotel, Singapore WHO should attend? Vice Presidents, Directors, Managers, Analysts, Project Managers, MIS/IT Directors and Design and structure a powerful process of CONTINUAL a Professionals who are involved in: IMPROVEMENT Supply Chain Management, Operations, Maximize economic value to
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    • 151 46 By Appointment of TKC Joint Venture Surplus Construction Engineering Plant Equipment, Materials and Vahictea To Induds: rig Plaratf Hydraulic Torque Guns Pumps with hose set Enerpac Hydraukc Jacks. Makita Impact Guns. JVf S»cx*nof»-WHhe*m Calibration mactimes. paints. 'WacKer Electrical Vtorator Machmaa. Table Saws. 250CV2000 Amp LV Switchboards, w3 20ft/IWt Containers. 'Letca
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