The Business Times, 2 December 1999

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Total Pages: 46
1 46 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 046/12/98 85C SINGAPORE internet: http://business-times.asial .com.sg/ THURSDAY. DECEMBER 2, 1999
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  • 62 1 □sn 2.206J3 (-28.50) BT-SRI *****7 (-10.17) SDISCI FUTURES ***** (-0.20) STOCK MARKET INDICES Wednesday Change KLSE OOMP 732.87 1.79 NIKKEI 1&495.95 -6238 HANG SENG 15,***** +45.33 SET INDEX 423.07 +0.95 JAKARTA COMP 587J4 +13.74 MANILA OOMP 1,983.01 +359 TAIPEI WPI 7,766.20 +4653 SEOUL COMP 999.16 +250 F CHINA
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  • 81 1 FOREX RATES USI SI liS$ 1.678 £(US$/SS per 1598 1682 El'ROWSS/SS/E) 1.011 1.697 DM 1534 0.868 YE3* 102.1 1.643 RM 3.800 0.442 HKS 7.769 0.216 BABT 38.88 0.043 RUPIAH 7,255 0.023 'St to 100 units PRIME SATES SINGAPORE* 580 KUALA LUHPUR 7 25 JAKARTA 40 00 BANGKOK 1000 MANILA
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  • 1178 1  -  New combined eyrhanp* will bring challenges and opportunities Byy Catherine Ong [SINGAPORE] The newly-formed Singapore Exchange (SGX) yesterday ushered in sweeping changes for the securities industry, the most immediate being the shortening of settlement for share trades from five to three days after the transaction
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  • 1421 1  -  Police fight off protesters with rubber bullets, pepper spray From Yang Razali Kassim in Seattle TRADE ministers from around the world were stunned when thousands of demonstrators protesting against the World Trade Organization (WTO) poured into the streets of Seattle and derailed the opening
    REUTERS; AFP  -  1,421 words
  • 771 1  -  Firm will have over $lb in shareholders' fnnds and $Lsb in market cap ffy( Conrad Raj [SINGAPORE] Viekers B alias Holdings and GK Goh Holdings are merging to form Singapore's biggest stockbroking firm with shareholders' funds of over $1 billion
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    • 78 1 ntsmE wM BT Comment Why it's cool for the young to go out and protest. Pg 12 Motoring Bentley's set to drive into uncharted territory. Pg 31 Stockbrokers fearing up to face the competition, Next Page More reports, Next Page 8 More reports: Farm trade talks, Pg 4; Wrong target,
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    • 12 1 The CEO speaks v Wee Sin Tho Vickers Ballas Holdings i a
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  • NEXT page
    • ON THE grapevine
      • 110 2 REPORTERS covering the official opening of the Singapore Exchange last night were intrigued to see on the programme an item listed as "Arrival of GOH" at 6.56pm. They knew that Deputy Prime Minister Lee Hsien Loong was gracing the occasion, so it couldn't be that Prime Minister GOH
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      • 63 2 THE government will resume land sales for private homes on Jan 5, property sources told BT. And, apparently, word has it that some people in official quarters are a bit concerned over whether developers will be keen on 99-year government land in suburban locations
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      • 82 2 IT seems that Frank Wong, one of the foreign talents hired to head the treasury at DBS Bank, issued his much-awaited organisation chart to staff recently. One observer commented that he "wasted no time in clearing the decks" as some older staffers gave way
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      • 86 2 IT appears that the most deflated title at DBS Bank these days is that of managing director. You close your eyes, pick up a stone and throw it chances are it'll hit a managing director. There are apparently more than 100 managers walking around
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      • 61 2 OCBC Bank will soon be announcing a new head of international banking, following Wong Nang Jang's decision to retire as deputy president and head of the international banking division from next March 31. Will it be a foreign talent? "We have identified a successor internally and
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      • 76 2 YOU can now bid for the 16 cheongsams of the late Mrs Ong Teng therms the site: t www.victormorris.com.sg. The public bidding will close at 4.30pm today and the proceeds will go to worthy causes: the Retired Senior Volunteer Programme and the Nanyang High School Fund.
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    • 545 2  -  Brokerages' expanded role in financial services could pose challenge to banks /{efforts by Siow Li Sen [SINGAPORE] Local stockbrokers are gearing up to face the competition that will come from the opening up of the industry. Freddy Lee, chairman of
      545 words
    • 475 2 Fond manager conditions to be relaxed; multiple licences to be allowed (SINGAPORE] The business of brokers will be given wider scope to allow them to cope with the onslaught of competition that will come with liberalising the industry, especially since commissions
      ARTHUR LEE  -  475 words
    • 372 2 It aims for common trading and clearing platform for region THE new Singapore Exchange (SGX) will forge alliances with other exchanges and work towards a common platform for the trading and clearing of securities and derivatives with other exchanges in the region, said
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  • Page 3 Advertisements
    • 466 3 X^ er enCe t lC ac ventures °f the orange box. a^e a e Hermes magic home Wl^Hi— I this Christmas, each gift, a 'spark'^^^^^^^^M^Ej^V^ which transcends quality, only different outstanding, unique. for creation: inspiring the universe A world where everything seems infinite like the I f -^mMM-'"V constellation of
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  • WTO conference
    • 670 4 Agriculture seen as one of the toughest issues for negotiators this week Reuters, AFP SINGAPORE was to offer a draft document yesterday laying out goals for the World Trade Organization's agricultural trade talks and balancing the sharply divided views of
      Reuters,; AFP  -  670 words
    • 507 4  -  It's expanding range of duty-free products amid M'sia, India's refusal to join pact From D Ravi Kanth in Seattle A COMPROMISE deal to expand the global duty-free treatment of information technology products is on the cards with the United States working overnight
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    • 403 5 ir/ie Are'za A "FiAC&ppscfZ&*i *H| U arena r onc uctm 8 business. With full country club y facilities amidst a cosy ambience, members will also find themselves 9||. ?P|P|| em b rac ing good lifein the arenas of sports, recreation, entertainment... At the Business Centre, our secretarial and administrative support
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  • Page 6 Advertisements
    • 105 6 This announcement appears as a matter of record only December 1999 <9 HO BEE INVESTMENT LTD (Incorporated in the Republic of Singapore on 8 August 1987) Invitation in respect of 160,000,000 New Shares of $0.05 each comprising: (1) 40,000,000 Offer Shares at $0.48 each by way of public offer; and
      105 words
    • 702 6 HO BEE INVESTMENT LTD (Incorporated in the Republic of Singapore on 8 August 1987) Invitation in respect of 160,000,000 New Shares of $0.05 each comprising: (1) 40,000.000 Offer Shares at $0.48 each by way of public offer; and (2) 120,000,000 Placement Shares by way of placement comprising:(i) 104,000,000 Placement Shares
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  • SINGAPORE companies
    • 344 6  -  Low yields, idle fends spell huge potential for more deals next yean BID By\ Siow Li Sen IF you think the $1.8 billion securitisation deals that DBS Bank has arranged in the last 12 months is big bucks with $1 billion just this
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    • 309 6  -  By. Jennifer Lien IPC Corp has hired a US investment firm to help it place out US$25 million (5542.1 million) worth of shares in its thin-computing business unit, which it hopes to list on Nasdaq in the next 18 months. The structuring
      FILE PHOTO  -  309 words
    • 978 6  -  lock slew anthony rowley STOCKMARKET investors might be well advised to enjoy (what remains of) the ride on Wall Street because it could be the last great bubble before policymakers crack down on so-called "asset inflation". The International Monetary Fund
      978 words
    • COMPANY Briefs
      • 114 9 HO Bee Investment's public offer tranche has been 34 times subscribed. At the close the offer on Monday, the property developer said it received 82,445 applications for 1.38 billion shares amounting to $653 million. Ho Bee's initial public offer was made up of 160
        114 words
      • 74 9 URACO Holdings will sell its entire 51 per cent stakes each in Uraco Manufacturing Pte Ltd and Longs Manufacturing for $3.2 million and US$5 million ($8.4 million) cash respectively. The buyer is Quest World Investments. The sale price represents 10 per cent
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      • 72 9 IN our report on the retirement of Wong Nang Jang as deputy president of OCBC Bank yesterday, the word "weeks" should have read "decades" in the quote from OCBC Bank chairman Lee Seng Wee. What Mr Lee said was: "The board respects his decision and would like
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    • 159 9 KEPPEL Fels Energy Infrastructure has signed a conditional option agreement to acquire another 5.4 per cent in Singapore Petroleum Company (SPC), a move that may eventually lead to a takeover. Keppel Fels has been granted rights to buy 23 million SPC shares
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    • 562 9  -  70.5 m shares available to the public in third largest IPO this year Carol Eng RAFFLES Holdings (RH) yesterday launched an initial public offer of 300 million shares at 85 cents apiece, 70.5 million of which has been set aside for the public.
      CHRIS LOH  -  562 words
    • 429 9  -  Ity i Conrad Raj L&M Group Investments shareholders yesterday approved the Soeryadjaya family's move to raise their stake to over 35 per cent, thus further tightening their grip on the engineering and construction specialist. The company will place 30.7 million shares at 61.5
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  • Page 7 Advertisements
    • 147 7 Limited INITIAL PUBLIC OFFERING 300,000,000 New Shares at 550.85 each CLOSING 9 December 1999, 8:00 a.m. V Applications for Offer Shares may only be made by way of printed Application Forms or Electronic Applications as referred to in the Prospectus dated 1 December 1999. Applications for Placement Shares may only
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  • SINGAPORE markets
    • 472 8 Stocks Volume Asia FoodS Prop US$ 32,828.000 MediaRinglOc 18,018,000 Golden Agri US10c 15,026,000 ChuanHup 20c 12,819,000 'Genting Int 12,655,000 L&M50c 10,847,000 Asia Dekor HK15c 9,157,000 CM Telecom HK75c 8,916,000 Sunway lnt'IHK10c 7,800,000 SingTel 15c 7,370,000 Stocks DBS Grp 69,850^505 SIA 50,793,374 MediaRing 10c 28,775,500 SingTel 15c 23,800,560 Nat Elec 10c
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    • 569 8  -  I :j i comment STOCKS r.sivanithy AN uncertain session for US stocks on Tuesday and persistent weakness in US Treasuries helped to knock 28.5 points off the Straits Times Index (STI) to 2,208.63 yesterday. The broad market remained weak, weighed down
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    • 205 8  -  WARRANT WATCH By. R Sivanithy THE last time we featured the Pertama warrant a month ago, it was at 15 cents and offered only a marginal discount to the underlying share. Since then, time has greatly eroded the warrant price and now, at
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    • 278 8  -  HOT STOCK By' Wong Wei Kong CHUAN Hup Holdings started life after a share split on a losing note yesterday. And it was one of the most actively traded stocks of the session. Chuan Hup finished at 41.5 cents, down 2.3 cents, or 5.3 per cent,
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    • 126 8 Singapore ♦8.15 am. Thomson Financial the Market Insights seminar by Praseniit K Basu, chief economist, Credit Suisse First Boston. Venue: East India Room, Raffles Hotel ♦Sam. Singapore-France technology and investment partnership event. Venue: Hotel Inter-Conti-nental ♦10am. Sing Tel signs agreement with Failsafe Corporation to
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    • 374 8  -  -I I comment CURRENCIES larry wee AFTER a frenetic two weeks that have seen the euro fall more than 5 per cent against the yen, Asian currency markets took a breather yesterday. But one noticeable victim is the sterling pound, which has been
      Source: Reuters  -  374 words
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    • 494 8 A JM A MM awa awa a MMI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF TENTH ANNUAL GENERAL MEETING in?,!^rPJl H l R c E fl. C !li E T Annual General Meetin 9 of HOLDINGS LIMITED will be held at 29 Woodlands Industrial Park El North
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    • 23 8 Toothache" 1 See your dentist investment advice 7 You need DB C Investor Online Get the Best Call us at 323-3955 831 )BSBANK
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  • Page 9 Advertisements
    • 464 9 Even the Kaiser of Germany had to wait a whole year It's always worth the wait. for his Lange watch. Kl Ser Wilhelm by Lange When Kaiser Wilhelm made a state visit to the The first Lange watch of modern times. It took Ottoman Empire, he brought valuable gift tour
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  • SINGAPORE news
    • 260 10 IN response to a challenge from Deputy Prime Minister Lee Hsien Loong in August, NTUC Income has tied up with sister cooperative NTUC FairPrice to sell insurance policies at supermarkets. Shoppers will be able to find out about or buy Income policies at
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    • 617 10  -  Index for electronics industry down for third month, though at still-healthy 64.3 Anna Teo THE purchasing managers' index (PMI) edged up slightly in November, boosted by robust output and an increase in inventories. But new order levels are falling, and this
      Source: SIPMM  -  617 words
    • 266 10 THE owners of Cairnhill Garden are the latest to put up their apartments for collective sale and expect to fetch about $62 million for their freehold homes. This works out to a land cost of $883 psf of potential built-up
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    • 307 10  -  mail 1.7 m Lim Chin Siew Singapore via Internet TO say that there is a surfeit of IPOs is perhaps an understatement. Not only will it lead to indigestion but worse still, perhaps, it would in due course lead to constipation. When that happens it will
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    • 388 11 I on the economy business climate Entrepreneurial activity picked up strongly in the first half of this year as the economic climate improved. The number of new businesses formed in the first six months hit a high of some 13,100, or up about 17
      Source: Dept of Statistics  -  388 words
    • 615 11  -  I:f I comment TECHNOLOGY Swop the fox for e-mail that's the paradigm shift we need to make kenneth james IDA'S new tech no-tsar wants Singapore companies and Singaporeans to be "online-enabled, not just IT-enabled". The fax of the matter is that attitudes will
      615 words
    • 217 11 THE Urban Redevelopment Authority yesterday relaunched four restored conservation properties for sale. The properties offer either full residential application or mixed uses of residential and commercial purposes. All are on year leases. Three of the four conservation properties are near Chinatown. One
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    • 144 11 Bloomberg EXXON Corp, the world's biggest publicly listed oil company, said it will continue to run two Singapore refineries owned by Esso Singapore Pte and Mobil Corp after Exxon merges with Mobil. "The Esso and Mobil refineries are both world class refineries. We have
      Bloomberg  -  144 words
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    • 37 10 You can email us at btfetterQsph. com. sg, fax to us at *****71, or mail your letter to The Business Times, Times House, 390Kim Seng Road, Singapore *****5. Please give your Ml name, address and telephone humber.
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  • Page 11 Advertisements
    • 245 11 25 years FACTS and FUTURE of M£GHERS|gra^ Protective capital resources and ratio: 60 million SGD and Three technology groups and their products 37% Ratio realizable 4 liquidity on short-term debts IJBI I.SEGHERSbetter technology for services+machinery: Protective capital resources* long-term on feted: 1.70 Non- technological services to the large industries. 2.SE6HERSbetter
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    • 8 11 USSBIb oil mega-deal gets go ahead, Pg 19
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  • EDITORIAL & opinion
    • 763 12  -  bottom line OPINION leon hadar The writer is BT's Washington correspondent SOCIOLOGISTS have always been fascinated with the process by which a new cultural trend or a recent political idea can be transformed by a small group of elite opinion makers into the latest
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    • 116 12 'We have achieved whatever we have achieved according to the Sinatra principle. We have done it our own way.' MthrtMr Mifcmi Malaysian prime minister, on his brand of politics. To say that one-third of East German youth is now prone to the extreme right is an understatement
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    • 668 12 EDITORIAL IT was perhaps too much to ask that trade negotiators gathered in Seattle for the third ministerial meeting of the World Trade Organization (WTO) should have at least a semblance of an agenda to address. The last Uruguay Round of multilateral trade talks which
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    • 916 12  -  Every conntry that has improved environmental and labour standards has done so because of more global trade, not less By' Thomas Friedman NYT IS THERE anything more ridiculous in the news today than the protests against the World Trade Organization (WTO) in Seattle?
      NYT; REUTERS  -  916 words
    • 975 12 WHEN confronted with a choice between living in a country with assured economic growth, peace and stability, and living in a nation with promised good governance, better human rights and social justice, most people will opt for the first. That is human nature. And this was
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  • MALAYSIA news
    • 519 13  -  ELECTION lEttl Malacca, Negri Sembilan, Pahang, Perak, Perlis see swings away from NF of over 10% By) Mohan Kuppusamy [SINGAPORE] The fall in the percentage of popular vote for Malaysia's incumbent National Front coalition in Monday's general election was across the
      REUTERS  -  519 words
    • 448 13  -  Dr M will remain unchallenged bat schisms will widen From Eddie Toh in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad may not face any leadership challenge in the United Malays National Organisation (Umno) but the dominant political party and the Malay community have become
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    • 155 13 KUALA LUMPUR Reuters THE new Islamic government of Malaysia's Terengganu state will close gaming outlets and ban sales of liquor to Muslims, Bernama news agency said yesterday. Bernama quoted Terengganu's new chief minister Abdul Hadi Awang as saying these would be
      Reuters  -  155 words
    • 264 13 Election mitigates political risks: Duff Phelps HONGKONG Reuters DUFF Phelps Credit Rating Co (DCR) said yesterday Malaysia's national elections conducted this week went smoothly and should help mitigate political, risks over the short term. DCR currently rates Malaysia's long-term foreign and local currency obligations 888-minus and 888-plus, respectively. The outlook
      Reuters  -  264 words
    • 451 14 KUALA LUMPUR Group turnover a huge RM2.3Bb; Resorts World posts profit of RM519.8m GENTING Bhd recorded a group pre-tax profit of RM1.151 billion (*****.3 million) for the nine months to Sept 30, backed by a whopping turnover of RM2.381 billion, The Star reported
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    • 338 14 KUALA LUMPUR Japanese-owned Nikko Electronics to sell 25m shares at RMI.BO each in IPO, to make debnt in Jan Bloomberg MALAYSIA'S Nikko Electronics Bhd, the world's biggest maker of radio-controlled toys, plans to raise 45 million Malaysian ringgit (Ss2o million) in an initial
      Bloomberg  -  338 words
    • 245 14 KUALA LUMPUR Reuters KUALA Lumpur City Corp Bhd said yesterday it has agreed to buy stakes in two stockbroking firms for a total of 65 million Malaysian ringgit (Ss29 million). The financial and stockbroking group said it would buy a 60
      Reuters  -  245 words
    • MARKET moves
      • 62 14 MALAYSIA Airlines Bhd's share price rose yesterday after the company released a set of surprisingly positive interim results. Instead of performing badly as expected, it posted a net profit 0f275 million Malaysian ringgit(Ssl2l.4 million), compared with a loss of RM44I million previously. The stock
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      • 89 14  -  Compiled by Ruth Wong GAMING stocks took a tumble yesterday, two days after election results which showed the electorate's support for Parti Islam SeMalaysia (PAS). Analysts said the selling was driven mainly by concerns over the government's policy with regard to gambling so as to appease the
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  • Page 14 Advertisements
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    • 83 14 $5 g OPEN TO THE PUBLIC STH ORIENTAL CARPET AUCTION NO RESERVED PRICE 2 All carpets must be auctioned off! I TRI I PERSIAN WD IRANIAN VRI'KIS 4 OTTOMAN/Tl RKISH AND CENTRAL ASIAN CARPETS V?,' Wool, Silk. V\\ and ()ld. all the- si/is .gv including corridors and rounds a\ailai>k- 1
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  • SOUTH east asia
    • 370 15 BANGKOK Thai reports say HE tycoon preparing to take a stake in 'skytrain' project AFP, Reuters THAILAND'S Tanayong Pic, backed by a Chinese group believed to include Hongkong's Li Ka-shing, said yesterday it had won a battle for ownership of Bangkok's first mass transit
      AFP,; Reuters  -  370 words
    • NOTE Book
      • 92 15 Bloomberg, Reuters [BANGKOK] Thailand plans to sell up to one trillion baht (5543.l billion) of bonds to cover the larger-than-expected costs of bailing out its finance industry, Bank of Thailand governor Chatumongkol Sonakul said yesterday. The government—which has already sold 500 billion baht
        Bloomberg,; Reuters  -  92 words
      • 85 15 Bloomberg [JAKARTA] A Jakarta court has rejected charges that Rudy Ramli, former head ofPT Bank Bali, and three < other former bank executives breached banking laws, Ramli's lawyer said yesterday. The court found the prosecutor's letter of indictment didn't support the charge, said LM
        Bloomberg  -  85 words
      • 77 15 Bloomberg [MANILA] Philippine President Joseph Estrada may not finish his six-year term because of his unpopular attempts to amend the Constitution and allegations of res urging cronyism and corruption, a US-based research group says. Mr Estrada is unlikely to serve until the end of
        Bloomberg  -  77 words
    • 520 15 Manila Insider trading panel may push for action if it finds wrongdoing Bloomberg A PANEL probing allegations of insider trading and stock manipulation by businessman Dante Tan may press the Philippine government to move ahead with charges if it uncovers evidence of wrongdoing, a lawmaker
      Bloomberg  -  520 words
  • Page 15 Advertisements
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    • 208 15 L# 1 i iiii Formula 1. The ultimate proving ground nmtMtUHHIU i protection and unsurpassed performance, Mobil 1 is V ,or man and machine. It is here that T f J tr4 the only oil to choose, whatever car you drive. World Champion Mika Hakkinen drove Now for a limited
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  • EAST asia
    • 538 16 HONGKONG Decision by some banks to cat home loan rates reflects growing concern over market share: analysts Reuters, AFX-Asia CHEUNG Kong Holdings Ltd chairman Li Ka-shing said yesterday that the mortgage war between banks is positive for the Hongkong property market,
      Reuters,; AFX-Asia  -  538 words
    • 198 16 HONGKONG Bloomberg NTT Mobile Communications Network Inc, Japan's largest cellular phone company, will buy a stake in a Hongkong mobile phone venture owned by Hutchison Whampoa Ltd and Motorola Inc, the US company said yesterday. The investment, which Hongkong media say could
      Bloomberg  -  198 words
    • 320 16 HONGKONG Govt also looking for ways to close next year's shortfall Bloomberg HONGKONG expects the Budget deficit for the current financial year to be smaller than the HK536.5 billion (557.9 billion) previously forecast, Financial Secretary Donald Tsang said. Even so. the government is looking for
      Bloomberg  -  320 words
  • Page 16 Advertisements
    • 53 16 Hr 3 Director Eric Khoo's films may well be known to movie buffs at home and around the world. But unlike an actor, a That's why Eric carries the American Express® Card. So now, he will always be sure of instant recognition no Global Assist Worldivide Acceptance Financial Services Worldwide
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  • SOUTH asia
    • 410 17  -  Indian industry group asked to help identify promising companies iv Vikram Khanna [SINGAPORE) Part of the Singapore government's US$l billion (Ssl.7 billion) Technopreneurship Investment Fund (TIF) will be directed to providing capital to software and other high-tech companies from India that set up
      410 words
    • 333 17 They fear market-opening law wonld cause hnge layoffs AFP [NEW DELHI] Close to 200,000 insurance workers across India went on strike yesterday to protest pending legislation that would open the sector to domestic and foreign private players. The day-long strike coincided with a
      AFP  -  333 words
    • 191 17 NEWDELHI Only futures trade will be allowed, says minister; bill yet to clear Upper Honse Bloomberg, Reuters INDIA'S Lower House of Parliament approved legislation on Tuesday to allow trade in derivatives, as part of its efforts to further economic reforms. The bill, which
      Bloomberg,; Reuters  -  191 words
    • 216 17 NEW DELHI Reuters INDIA'S Bharti Telecom group has invested 4.0 billion rupees (Ssls2 million) in JT Mobiles, a mobile phone firm in the southern Indian states of Andhra Pradesh and Karnataka, the chief of the Bharti group said on Tuesday. "We are
      Reuters  -  216 words
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    • 52 17 I 1 I at home and around th£ world. But unlike an actor, a director spends most of his time behind the camera. I !B'Klv, he will always be sure of instant recognition no matter how exotic a location he finds himself on. I mice* Financial Services 'Worldwide Customer Service
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  • WORLD news
    • 394 18  -  Prom Neil Behrmann in London WARBURG Dillon Read believes global real estate shares will continue to motor ahead in the coming year. And Hongkong, Singapore and other Asian companies will be among the outstanding performers. "We are very positive on the
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    • 631 18 WASHINGTON Purchasing managers' index falls in Oct; leading indicators also point to potential slowdown Bloomberg, Reuters US MANUFACTURING expanded at a slower pace in November for a second straight month as production slowed, a survey of business executives showed. An index of prices paid by factories
      Bloomberg,; Reuters  -  631 words
    • 55 18 [TOKYO] Japanese Football Association president Syunichiro Okano (right) and Yasuhiko Endo, secretary-general of Japan Organising Committee for the 2002 Fifa World Cup Korea/Japan, unveiling the "Atmos the official mascots of the 2002 World Cup, at a Tokyo hotel yesterday. A competition to name the three characters is
      AFP  -  55 words
    • 310 18 LONDON AFP BRITISH Telecom predicted yesterday that the Asian telecoms market would expand by more than 50 per cent in the next five years, to US$359 billion (Ss6os billion) in 2004. Top BT executives also told journalists that the company would not allow Japan
      AFP  -  310 words
    • 441 18 TOKYO Governor makes statement backing MOFs intervention Reuters THE Bank of Japan portrayed itself as a team player in the government's fight against the high yen yesterday, saying its present easy monetary policy also seeks to tame the Japanese
      Reuters  -  441 words
    • 325 18 LONDON FT MERRILL Lynch, the largest US stockbroker, is close to unveiling ambitious plans to expand its new online stockbroking business outside the US. As Merrill yesterday formally launched its longawaited US internet retail broker strategy, executives are putting the finishing touches
      FT  -  325 words
    • 577 19 WASHINGTON FTC approves Exxon's acquisition of Mobil, but forces sale of some assets LATWP, Reuters MOBIL Corp as we know it ceased to exist on Tuesday after government regulators approved the company's US$Bl billion (*****.5 billion) acquisition by Exxon, reuniting the two largest pieces
      LATWP,; Reuters  -  577 words
    • WORLD Watch
      • 69 19 AFP, Reuters [SEOUL] A woman displaying yesterday the new portable TV phone by Samsung Electronics Co, which it claims is the world's first. The SCH-M220 boasts a 4.57-cm high-resolution TFT-LCD (thin and flat liquefied crystal display) mounted on a mobile phone which will allow users to talk
        AFP,; Reuters  -  69 words
      • 41 19 Bloomberg [PALO ALTO. California] Hewlett-Packard Co said online retailer Amazon.com Inc bought HP computers for the first time, choosing it over Sim Microsystems Inc. Amazon.com said it installed HP's V-Class servers to handle the expected holiday surge. Bloomberg
        Bloomberg  -  41 words
    • 218 19 SAN FRANCISCO Bloomberg, Reuters A NEW computer virus that acts as a clone of a virus that caused severe damage in June is spreading rapidly via e mail, officials at security software maker Symantec Corp said on Tuesday. The virus, known as a 'worm", mimics the
      Bloomberg,; Reuters  -  218 words
    • 431 19 SAN FRANCISCO Intl Data pats global lost business revenue from computer failures at USs24b next year Bloomberg COMPANIES and governments around the world will spend an estimated US$3ll billion (***** billion) to fix the Year 2000 computer bug, a new International Data Corp
      Bloomberg  -  431 words
  • Page 18 Advertisements
    • 689 18 THE COMPANIES ACT, CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION MICRON SEMICONDUCTOR ASIA PACIFIC PTC LTD (In Members' Voluntary liquidation) At on Extraordinary General Meeting of Micron Semiconductor Alio Pacific Pte Ltd held" at 8000 S. Federal, Boise, Idaho, USA, on the 23rd day of November 1999, the following special
      689 words
    • 494 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MIAO XIN MARINE ENTERPRISI PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308 of The Companies Act, Chapter 50, that the Final Meeting of the members of the abovenamed company will
      494 words
    • 488 18 ■l m l By Dr Suresh Sundaresan Chase Manhattan Bank Foundation Professor of Financial Institutions. Finance A Economics J MSt Carne 9* Mellon, 1978, PhD. 1980 Joined Columbia Business School in 1960 The National University of Singapore Founded 1903 CENTRE for FINANCIAL ENGINEERING i'f. -c. a joint centre with the
      488 words

  • Page 19 Advertisements
    • 156 19 30 DAYS I For a start, the new Bora isn't just any car. It's a Volkswagen. Which would explain why the Bora is in a league of its own. But rnore than that, it's one of the best buili Volkswagen ever. And while its busld-quallty is incomparable, you'll also find
      156 words

  • FINANCE & commodities
    • 241 20  -  SQX Derivatives TnMp&Reports MSCI Singapore Index Daphne Tay, Jar dine Fleming THE local bourse finished lower yesterday, hurt by overnight weakness on Wall Street and on news of stricter forced-selling rules for stockmarket participants. Investors were also cautious ahead of a keynote address by Deputy
      241 words
    • 160 20  -  MSCI Taiwan ftrtures Matthew DenBleyker Refco Singapore THE SGX MSCI Taiwan Stock Index futures yesterday gained 2.7 points, or 0.77 per cent, to 355.5 whUe the underlying cash index rose 2.27, or 0.65 per cent, to 351.98. The broad market TWSE Index rose
      160 words
    • 222 20 ENERGY REPORT Reuters [LONDON] Jittery oil markets dumped early gains yesterday amid signals that Opec powers might raise output, possibly before March, if supply shortages keep prices sizzling. Benchmark Brent for January was 13 US cents adrift at U5523.51 a barrel
      Reuters  -  222 words
    • 311 20 Reuters Now York THE Japanese yen shied away from its highs against Europe's single currency and the dollar in US morning trade yesterday as the market remained on guard for further action by Tokyo to dampen yen strength. Overnight, speculation that the Bank of Japan (BOJ) might effectively
      Reuters  -  311 words
    • Article, Illustration
      1151 20 nTTBEBAWI CROSS RATES Decl *S CSiwtfarc Ffr Qw HK$ Igj H NH* Yen Wow M HZSNfcH S$ IlK Sfr MT> IK Hmt IW$ AnstralU 0.941 6.178 0432 4.143 1235 4.962 27.719 ***** 0.652 7.312 2.427 1249 33.118 26.093 1072 3.940 *****0232 ***** 0.400 0439 C 1 1312 5272 ***** *****
      1,151 words
    • 1678 20 8IC0M yUTUMBS Peel RUB8IB((uturMdodnq«aiSJOp«) KS1 CONTRACTS cMts/kD Clou Volana Open Month M0I Low Satt (towns) Mirat Jan 00 109JO 100 F«6 00 112.00 100 Mar 00 IK 50 100 Apr/Jun 00 H9.50 RSS 3 CONTRACT (US cmtVty VoftMa OpM Month High Low Satt (town) latarast J* 00 65.00 65.00 64.75
      1,678 words

  • STOCKS east asia
    • 2770 21 HONGKONG Reuters H Han* Sen* H&33 HONGKONG stocks closed higher yesterday, with Hutchison Whampoa and Cheung Kong (Holdings) thwarting an attempted sell-off. The Hang Seng Index ended up 45.33 points, or 0.29 per cent, at 15,422.52. Turnover was HK$10.56 billion compared with HK$11.06
      Reuters  -  2,770 words
    • Article, Illustration
      956 21 Reuters UShanhaiBliiilg +L55 SHENZHEN'S B shares ended up yesterday due to bargain-hunting following a week of steady falls, analysts said. The B share index rose 1.55 points, or 1.9 per cent, to 83.37 on turnover of HK$24 million against Tuesday's HK|16 million. "Selling pressure eased as the market had
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  956 words
    • 381 21 AFP Q TP Index H&33 TAIWAN share prices closed 0.6 per cent higher yesterday as a late buying spree reversed earlier losses, dealers said. The market opened down on Wall Street's overnight decline, but bargain-hunting later emerged in selected technology issues seen as having a profitable outlook in the
      AFP  -  381 words
    • 1994 21 TOKYO AFP Qnua 4U8 SHARE prices in Tokyo eased 0.3 per cent yesterday on late profit-taking, with the market under pressure following steady gains last month, brokers said. The Nikkei 225 index fmished down 62.28 points at 18,495.95. The Topix of all issues in the
      AFP  -  1,994 words
  • Page 21 Advertisements
    • 88 21 s f .1 j jU lC f ew are r h° se believe that the i 1 thought is as precious as the gift. Now more /is the season V 111 ever Christmas of giving rushes K «w an extra oy, jor a luctzy w m v.. i on the
      88 words

  • STOCKS klse
    • 7906 22 INDUSTRIALS Cmiswmt pntoti La«t Vol Day Net Cap L# Cempen, Sat* 000 High Law P/E Smll 440 AIhhhkoIO 300 19 0 1216 174 4* Angkaia «8 2 7 89 88 129 8 404 220 AtMiiutuodH* UO 76 1280 21 JS l 4 1 '84 159 158 5.1 1102 3 ♦••I
      7,906 words
    • 413 22 AFP, AFX-Asia n Composite Index -L79 MALAYSIAN share prices ended 0.2 per cent lower yesterday due to a sell-down in gaming stocks in a panicky reaction to an Islamic political party's success in Monday's elections, dealers said. The Kuala Lumpur Stock Exchange Composite
      AFP,; AFX-Asia  -  413 words
  • Page 22 Advertisements
    • 54 22 BUILD UP L. I I N< T*m» Oiim Unr, Ltant«J I INVESTMENT POTTKHK) II I I gg»j-:T II m IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita
      54 words

  • SGX clob & regional stocks
    • 3100 23 BONDS A WARRANTS Dec, m Mi Ufbr u-«Mk lmi m mt imtiiii m c— tar cam mm Nm Ua Mn Ciim Mi T CIM U» kp Mi Mm MMMb Ma W MH UN 104 10.5 1 3160 Ac«r W*****1USS 40 -0.5 108 40 40 40 40.5 33.1 1 154 77
      3,100 words
    • Article, Illustration
      792 23 AFP P SET Into +0J6 THAI share prices closed 0.2 per cent higher yesterday after bargain-hunting lifted the bourse late in the session, dealers said. The Stock Exchange of Thailand Index gained 0.95 point to 423.07. Volume totalled 3.46 billion baht. Decliners led advancers 111 to 97. An analyst
      AFP  -  792 words
    • 290 23 AFP Q Manila *3J» PHILIPPINE share prices rose 0.2 per cent yesterday on selective buying of blue chips, analysts said. The Philippine Stock Exchange Composite Index rose 3.59 points to close at 1,983.01. Volume hit 18.78 billion shares worth 3.04 billion pesos. —AFP Hrn *b mm MPC Allied 0.70
      AFP  -  290 words
    • Article, Illustration
      709 23 AFP QCnipefiteUez ♦13.74 INDONESIAN share prices closed up 2.4 per cent on bar-gain-hunting across the board, largely by local investors, and a firmer rupiah, dealers said yesterday. "I guess pressures on the rupiah eased because people were afraid of a possible central bank intervention after the rupiah fell below
      AFP  -  709 words
    • 280 23 AFP QWeUmgUo -13.74 WEAKNESS In market leader Telecom and continued prof-it-taking sent a lacklustre New Zealand share market down 0.7 per cent yesterday, dealers said. The NZSE-40 Capital Index slipped 13.74 points to 2,098.19 in very light trade worth NZ$60 million. —AFP »k i m *h rtm Advantage MOS
      AFP  -  280 words
    • 597 23 AFP □inOrilMriti -13 AUSTRALIAN shares feU 0.2 per cent yesterday amid heavy trading in Telstra after an overnight sell-off on Wall Street set the pattern for falls here, brokers said. The All Ordinaries Index finished 6.3 points weaker at 3,037.70. The All Industrials finished 21.2 points lower at 5,272.90,
      AFP  -  597 words
    • 299 23 AFP n Composite Index +15 THE Korea Stock Exchange Composite Index yesterday closed up 2.5 points at 999.16. Volume was 292.1 million shares worth 5.2 trillion won. Ok I Wm Awn Somi ***** -1400 Sratn Toch 2000 HO Control Bonk 2600 100 ChoMComaw .*****0 -5000 Doo&uBonk 3000 -ISO 0—song
      AFP  -  299 words
  • Page 23 Advertisements

  • 8703 24 MAIN BOARD Transaction date: Dec 1 Or Cr M Wt 52-Wk Last Vat Day Last Ouata 01* Mv YM Nat Cap Avg Ua HWa Ce-pany Sale fOOO) HH> Lear Bwyar »e8or Or M Wo MULTI-INDUSTRY 182 17.5 m b >000 Acma 50c 107 -5 285 110 107 106
    8,703 words
  • Page 24 Advertisements
    • 58 24 Multiply your wealth. &k\ \1 The Equity Investment Account from Citibank. Ml flfift JKm Gives you credit to invest in shares and interest on your positive balance. f jfjPj What better way to multiply your money? Call 339 7126 to open an account today Or visit our website at www.citibank
      58 words

  • Page 25 Advertisements
    • 505 25 Where to wme, dine and entertain..."""* <j> -Offering the lowest interest rate in town ***** 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 8C Dinner: $23.50 (Adult), $16.50 (Child) (Lunch daily except Saturday
      505 words
    • 51 25 Ms= Fresh oysters, delectable v« lobsters, savoury honey-glazed -*>** ham, U.S Prime Rib of Beef and many more mouthwatering dishes to leave you *.mI spoilt torchoice M m a Lunch: 12 noon 2.30pm Dinner 6.30pm 10.00pm Reservations: 831-6271/88 ManAnrin Siiyajrmr __j 111 Orchard Road. S«n#apore 21M67 W 717 4411 Fa*:
      51 words
  • Page 25 Miscellaneous
    • 922 25 TVF.'fTTi Premiere 12 7.00 Soldier of Fortune Inc: SJB Orange Road. 2.02 Panggung Perdana. Apre Vu. 6.00 See Friday's Sched- 3.00 Bintang Kecil. —s m n o r S 8.00 Growing Up: Release ules. 4.02 Jihad. gVj l 400 l/ B,ltz Sesame Me 1)t 4.30 Crops For The Future. W
      922 words
    • 284 25 CRYPTIC CROSSWORD 1 I m m mi H I WtM |H mm 22~~ 28~ HH mm mm ACROSS 7 Wilde's version of The Lady of 1 Something to go on (5,5) the Lake?( 10) 9 Wealthy state of the church (4) 8 He, P o™ s man in trouble? Re--10
      284 words

  • Page 26 Advertisements
    • 103 26 mf iT I I 1 -ffoxk Afc I v- t BIM I ~w v «v I ftf I /fy H t H| I «»«B:lk»lß*rMttS) f j SINGAPURA H« 1 BUILDING SOCIETY LTD ||fMB. m NEED A LOAN? TAKE OF OUR FINANCIAL STRENGTH P 1 We provide loans and financial assistance
      103 words

  • Page 27 Advertisements
    • 47 27 CB Richard Ellis Investment Dl 5 RESIDENTIAL S]TE FOR SALE BY TENDER PROPERTY DESCRIPTION Viewpoint A tranquil living Condominium LOCATION view. Near 51 Meyer Road facilities, shopping LAND AREA facilities and good LANJJ schools Next to Katong tenure Investment Freehold Sales planning 224-8181 parameters up to lU|M|«iM||il
      47 words

  • Page 28 Advertisements
    • 297 28 U I v >dHn> tt H-»«» .;>\ *Jf $981 iixgom I4.2#et "'IH HUgMHPVMHII M": $i«M $im* *®5 too oS4.nct v >ys*\ 1 ix Gold $633 <■* m r Wsz h/vsi-igi $461 $61 ~,> 18K Gold to* BHHH s. >#. as. A KKiS $148 -v hkmi m&gfimmM B WnfTrr M 3i-
      297 words

  • Page 29 Advertisements
    • 185 29 MANGIS PARK prime district is freehold site Big Land Area of2B,s4#Jif P Ratio 1.4, op to 4-storey Good regular shape and wide frontage Close to Eunos MRT Station, Shopping 2252 d centres at Katong/ Marine Parade and East V p k ><c° Near "Rio Nan Pri,CHU Katong, Victoria JC Sale
      185 words
    • 163 29 Mortgagee's Sale By Tender New 4-storey Industrial Building At No. 47 Changi South Avenue 2 J Located off Xilin Avenue y and within Changi South r Industrial Park \f Site Area: ft m H Approx. 58,728 sq ft t (subject to survey) je Total Floor Area: mmggpM -*w Approx. 92,000
      163 words
    • 244 29 Hotel For Sale 387 Rooms Shanghai, PRC a Available unencumbered by management a 35 years remain on lease 100% foreign-owned a Realistic pricing relative to cash flow a Significant available tax loss I.' wJ i bioawr For more information, please contact Roberts Stiles at: Sonneblick-Goldman Company M(65) 73*6645 Fax (65)
      244 words

  • EXECUTIVE Suite
    • 2030 30  -  Homebuyers can take their pick from prime, suburban and waterfront developments but would have to pay the 10-15% hike in prices seen by analysts, e&lfana rashxwala finds out KALPANA RASHIWALA Developers who put their 99-year leasehold private housing projects on the back burner
      FILE PHOTO; FILE PHOTOS  -  2,030 words
    • 1866 26 Property transactions for selected districts lodged between Nov 2 and Nov 29 1999 PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/ PACE PSf PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/ PRICE PSf STREET NAME TYPE DATE LAND AREA' STREET NAME TYPE DATE LAND AREA* (SOFT) (SSOOO) (SS) (SOFT) (SS 000) <S$) District
      1,866 words
    • PERSONAL SPACE
      • 1261 27  -  To the Cormiers, living in a 13th storey apartment is a great change from their Texas landed homes. But adjustment is not so difficult after all, they tell oorxmme kbkk CORINNE KERK HIGH-RISE living is as familiar to Singaporeans as eating at hawker centres so much so it's
        SIEW YAW HOONG  -  1,261 words
      • 685 27 rrnmmwmmmmwwm DEVELOPER DISTRICT LOCATION SIZE TOTAL UNITS NO OF PRICE TENURE (aq ft) LAUNCHED UNITS SOLD* psf) The Montana Koh Bros 10 Jin Mutiara 560-2,390 108 88 1,178 FH Faber Crest CDL 5 Faber Heights 1,012-2,099 240 102 590 99-yr Kasturina Lodge Gold Bull Hldgs 9
        685 words
    • COVER STORY
      • 1569 29  -  This year saw brisk sales in landed housing and more freehold projects launched, amy khor provides details AMY KHOR The writer is director (consultancy and research) of Knight Frank THE volume of private residential property transactions, particularly for developers' sales, increased dramatically in the last
        Source: ACF Research & SSV  -  1,569 words

  • MOTORING page
    • BUMPER to BUMPER
      • 109 31 VOLKSWAGEN has earmarked 60.1 billion Deutschemarks (5552.3 billion) for investment in tangible assets throughout the group between 2000 and 2004. Follow-on models are to be introduced in all segments. In addition, a New Beetle convertible is also under consideration. Other investment highlights include the
        109 words
      • 125 31 CAR components maker Delphi Automotive Systems has agreed to buy Lucas Diesel Systems and its associated after-market business from TRW Inc for about US$B7l million (Ssl.s billion) cash. Lucas will be renamed Delphi Diesel Systems. The deal will position Delphi as the world's
        125 words
      • 89 31 VOLVO'S all-new V7O estate (above) takes on a decidedly rounder silhouette. The car will be unveiled on Jan 10 at the Detroit and Brussels motor shows, and goes on sale the same day in many parts of Europe. One of the main selling
        89 words
      • 64 31 VOLKSWAGEN AG has made French car rental company Europcar a fUlly-owned subsidiary, buying the half-stake owned by French hotel chain Accor. The purchase, which still has to be approved by the European Commission in Brussels, underlines the importance Volkswagen attaches to the car
        64 words
      • 88 31 THE Lincoln LS is expected to arrive in of next year, somewhat pctVfcutttafSMught. Estimated to cost $200,*****05,000 on the road, the three-litre car will be highly-equipped and will be badged a Lincoln. The previous plan was for it to wear a Ford emblem, for
        88 words
      • 74 31 A NEW cabriolet from BMW (above) is due to debut in April 2000. The first variant available will be a 323C1, powered by a 2.5-litre straight six mustering 170 horses. New features include front-seat integrated seatbelts, and rollbars in the rear headrests that pop up
        74 words
      • 90 31 TO ARRIVE around the same time as the Lincoln is the Ford Focus—the compact that's certainly one 0f1999*3 most exciting cars. Distributor Regent Motors has brought in a few manual versions; but the automatics will only land in February at the earliest. Still,
        90 words
      • 97 31 BMW AG has relinquished its stake in BMW Rolls-Royce Aero Engines, a jet engine venture formed in 1990. The British partner will assume full control of the business, which retains its operations in Germany and will be renamed Rolls-Royce GmbH. At the same time, BMW has
        97 words
      • 60 31 THE Land Transport Authority has completed a $53 million project to widen the Pan-Island Expressway from Kallang Bahru to Bedok North Flyover. Work on the 5.3 km stretch started in May 1997. Average peak-hour speed for this stretch (Jurong bound) has increased from 48kmh to
        60 words
      • 67 31  -  Compiled by Christopher Tan BUS operator Tibs, which has made several customer service initiatives such as providing newspapers and music en route, has just come up with another idea to make trips more interesting. It is providing a food guide on its Service
        67 words
    • 1177 31  -  Board member Adrian Hallmark talks about Bentley's plans to move into a lower segment All reports by Christopher Tan Adrian Hallmark adjusts his shoulder harness as he sits down for the interview. The board member of Rolls-Royce and Bentley Motor Cars is nursing
      ARTHUR LEE; Source: Rolls Royce  -  1,177 words
    • 410 31 WORD has it that the two new Rolls-Royces to be launched before 2003 are successors to the two-door, open-top Corniche and a stretched version of the Silver Seraph. The Corniche replacement, which could be called by another name, will have the
      FILE PHOTOS  -  410 words
    • 279 31 [SINGAPORE] BMW is likely to invest in a greenfield site in the UK for its Rolls-Royce car division, according to a source at a subsidiary here. This means the German group will have to fork out a princely sum to start up the business from
      279 words

  • THE CEO speaks
    • 1315 32  -  Vickers Ball as has restructured itself and wants to develop into a financial services firm, as its president tells oomrad raj CONRAD RAJ VICKERS Ballas Holdings, Singapore's largest stockbroking firm, wants to be more than a broker to its more than 100,000 clients in
      ARTHUR LEE  -  1,315 words
  • Page 32 Advertisements

  • SHIPPING TIMES
    • 289 33 Bridge News, Reuters UNCERTAINTY was the predominant sentiment in the dry cargo freight market on Tuesday, brokers said. Minimal activity was seen in the capes ize sector with very few fixtures reported but brokers said they did not necessarily believe that this indicated an imminent decline. A number
      Bridge News,; Reuters  -  289 words
    • 297 33 SES 189 *»cl V- W CWT Distribution 129 -0.03 40 Chuan Hup 0.42 -0.02 ***** Cosco tavostmont U4 -0.02 37 Freight LMi 0.30 -0.02 299 GB Holdings 0.91 -a03 42 HM Sim Hup 0.69 -0.04 251 IMC HoMfcgs-HK —5.60 unch 0 Jay« Mowings 127 -0.07 W03 a Shipyard
      297 words
    • 436 33  -  Cost-cutting packages by PSA, MPA to save port nsers $20.2 million next year By, Ann Toh [SINGAPORE] The shipping and shippers communities have welcomed the extension of MPA and PSA Corp rebates announced last week. The Singapore Shipping Association and Singapore National Shippers'
      436 words
    • PORT Shots
      • 64 33 [LONDON] NORWEGIAN shipping group Wilh Wilhelmsen has reported a 42 per cent slump in profits during the first eight months of the year, down to US$22 million (5536.7 million) from US$3B million for the same period last year. Bunker costs and the soft market have hit
        64 words
      • 44 33 [LONDON] Hongkong based shipmanager Anglo-Eastern has opened a new office in Auckland, New Zealand. The move is the company's first venture into Australasia and follows its recent appointment to manage two ships operated by ANZDL on the Australia-New Zealand trade.
        44 words
      • 38 33 {LONDON] Mutual P&I (protection and indemnity) insurer the UK Club is to upgrade its Hongkong regional office to a "full branch office" having been given a licence by the City's Insurance Authority.
        38 words
    • 657 33  -  HEWBUILDS By David Hughes Expressions of concern from various quarters in the industry about dry bulk carrier overtonnaging appear to have had little effect on owners' enthusiasm for ordering this type of tonnage. This week's representative list features several bulkers as well as a number of chemical
      657 words
    • 71 33 [SINGAPORE] Royal Caribbean International's 69,130gr05s ton cruise ship the Legend of the Seas, has been in town for the last two days, its first call at Singapore as part of the seasonal Royal Journey's cruises that takes the ship from Europe to fthe h° AS 2
      TAN SUAN ANN/ST  -  71 words
    • 102 33 AFX-Asia [KUALA LUMPUR] Malaysia International Shipping Corp Bhd (MISC) said it recorded a net profit of RM820.020 million (*****.58 million) in the nine months ending Sept 30. Sales, operating profit and pretax profit were RM3.768 billion, RM 1.982 billion and RM834.289 million respectively. The
      AFX-Asia  -  102 words
    • 341 33 One-day work stoppage in support of WTO protests Reuters [SEATTLE] The union representing US West Coast dock workers said it was temporarily closing down ports all along the coast on Tuesday in sympathy with protests against the World Trade Organisation meeting being held
      Reuters  -  341 words
    • BUSINESSES air travel
      • 691 34 lata survey finds that the percentage of business travellers researching and booking flights on-line is on the rise NYT Business travellers worldwide are increasingly embracing the Internet to research and book their flights, an annual survey by the International Air Transport Association (lata) has found. Almost
        NYT; FILE PHOTO  -  691 words
    • 197 34 PACE Djafe Lloyd 8 ACl 6 Dongnama 3 AMI 3 ta 4 i Accord 8 ECU Une Appenship 5 Evergreen 6 Austral 8 EoongSun 8 BalajiShpg 5 CUnk 4 BSA 7 Gemartrans 6 BtangMas 8 HangU 7 CCNI 7 Hanjin 3 CMA 8 Heung-A 4 COSCO 5
      197 words
    • 18602 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest n Name Name Number Number 15/12 n/oi Evergreen E. GOVERN 0314-079* 45-392im To ABIDJAN (ABJ) 2003 Cote D'lvoire w/12 n/oi wea Hung intelligence conta icms
      18,602 words
    • SHIPS IN PORT
      • 683 45 Vessel Voy No Bwth Arrival Departure W#Jt OCMn NOV-99 JU 30/11/23:35 02/12/12:00 Auiu Swtyl 3699 J03 01/12/7:30 01/12/20 00 BMm Biru *****9 J02 01/12/5:30 01/12/23.00 81CM mdri ***** J01 01/12/8:10 01/12/23:59 Mmq *M 905N J08 01/12/7:55 02/12/2300 C Succmj 01-0CC JOT 01/12/8:50 01/12/16.00 EMr* 2 2 J04 01/12/9:20
        683 words
      • 1834 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Btlanct Rstts Ship Voy No Etb/Btr Ptrlod From To From ACX SWAN 390W 1/23:99 N 30/1500 30/1699 30/1900 U 30/1700 WM9t OIAHOO 30/1700 01/0659 01/0900 3 01/0700 0VI89 01/1400 MUM* 9945 2/15 00 W 30/1500 30/1659 30A900 a 30/1700 01/0659
        1,834 words
      • 217 45 Deo 8 Italy: Immaculate Conception. Doc 9 Brunei: First Day of Fasting. Deo 23 Japan: Emperor's Birthday. Dec 28 /ta/y: Christmas Day. Brunei: Christmas Day. Australia: Christmas Day. Belgium: Christmas Day. Canada: Christmas Day. Denmark: Christmas Day. France: Christmas Day. Germany: Christmas Day. Hong Kong: Christmas Day. Indonesia:
        217 words
      • 787 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the
        787 words
      • 431 45 C*tM WOMi 9912 12 *6.8 0.11 79 0.09 Im »5 Dtosltv Wit if RosMm As* AlMMaai Sillwit No E2S 115 1 1 —T- 380 AM 979.9 0J 12.4 0.07 27 0.02 380 Mm 990.8 14 BJ 0.12 67 0.04 »Qr3 %ifi |Q| mai MM ■*>■« We
        431 words
    • AIR & LAND transport
      • 254 46 AFP [LONDON] The British government said it was abandoning controversial plans to let the private infrastructure operator Railtrack take over part of the overstretched London underground network. It said that the decision had been caused by practical problems in
        AFP  -  254 words
      • 410 46 Results boosted by alliance with Delta and expanding airport hub Bloomberg [PARIS] Air France SA, Europe's No 3 airline, said first-half profit rose 52.3 per cent as it benefited from its alliance with Delta Air Lines Inc and an expanding hub that
        Bloomberg; FILE PHOTO  -  410 words
      • 58 46 [CHONGWON] South Korea's highspeed train, imported from Franco-British manufacturer Alstom, waits on a 34-kilometre long test track in Chongwon, 137 kilometres south of Seoul. Mainland Asia's first 'bullet' train is set for an official test run after years of delays amid spiralling costs spawned
        AFP  -  58 words
      • 299 46 Regional airlines can now fly direct to Siem Reap Reuters [PHNOM PENH] Cambodian Prime Minister Hun Sen announced an "open skies" policy yesterday allowing regional airlines to fly direct to the northern tourist town of Siem Reap, home of the Angkor Wat temples,
        Reuters  -  299 words
      • 310 46 AFP [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday urged local aerospace and maritime companies to seek foreign partners to boost their development. Dr Mahathir, who on Monday led his National Front to an emphatic election victory, said there were abundant
        AFP  -  310 words
      • 113 46 Reuters [WASHINGTON] Travel agents are suing Delta Air Lines Inc and other carriers for cutting fees they are paid for each ticket sold, Delta said, adding that it disputes the charge. Delta, the No 3 US air carrier, said on Tuesday in a
        Reuters  -  113 words
      • LOG Book
        • 101 46 Reuters {LONDON] Britain's Virgin Atlantic Airways said yesterday H planned to double its services on the London-Shanghai route next year subject to dot availability. Virgin said the Civil Aviation Authority had awarded it two further weekly frequencies between London and the Chinese city. "Shanghai is
          Reuters  -  101 words
        • 61 46 Reuters [MELBOURNE] Ansett International said yesterday it would suspend services to Taiwan on Feb 12 next year due to losses made on the route. It said 15 employees would lose their jobs because of the decision. Ansett began Taiwan services in November 1999,
          Reuters  -  61 words
        • 79 46 Reuters (NEW YORK) Continental Airlines Inc, the fifth largest US airline, announced a 5 per cent discount on all US travel tickets purchased through its Web site. Making a narrower offer. Northwest Airlines Corp said it would give its Atlanta passengers a 5 per cent
          Reuters  -  79 words
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  • Page 45 Advertisements
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