The Business Times, 31 December 1999

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Total Pages: 56
1 56 The Business Times
  • 25 1 THE BUSINESS TIMES mita (P) SINGAPORE FRIDAY DECEMBER 31, 1999 SATURDAY JANUARY 1, 2000 THEMILLEN N I U M I S S U E 85C
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  • 970 1  -  Bif Vikram Khanna, Ven Sreenivasan [SINGAPORE] Asian bourses have ended the century on a high, propelled by the economic recovery sweeping the region after its worst-ever crisis and soaring stock markets in the US. The Straits Times Index, which closed 1999 at 2,479.58 points,
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  • Page 1 Advertisements
    • 187 1 Pgs 23 29 8 0 ig In the new millennium, we will still be receiving you loud and clear. Managing your life plans and investments is never a one-way conversation with us. Not in the past. Not now Not in the future So expect the same level of commitment from
      187 words

  • next page
    • 2037 2  -  By Vikram Khanna THE hopeful and the wistful will tell you we are on the cusp of what could be the most exciting and dazzling century the world has ever known, economically, technologically and in every other way, and they may be right. But
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  • Page 2 Advertisements
    • 348 2 v;^lm f}/M, The millen nium's greatest INVESTMENTS Across the panoramic screen on which this millennium's drama has played out, millions of images have come and gone great triumphs and calamities the or jhose who rise and fall of empires, works of beauty, pathbreakmg ideas, towering have not institutions and personalities,
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    • 22 2 In the long run, Pg 5 UK's future is in China, technology, Pg 16 Japan's legacy of its 'lost decade', Pg 17
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  • Page 3 Advertisements
    • 104 3 Long-term performance: Financial markets have their ups and downs, but your objectives stay the same. So you need a bank with the ability to react quickly while keeping a long-term perspective. For over 125 years our clients' confidence in our capabilities has made us one of the world's largest fund
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  • investments
    • 2215 5  -  The problem is not that we will all be dead. The problem is that even a 5% return becomes absurd to ask for. And that's not counting the so-called investment booms gone bust. MARC FABER takes stock of 1,000 years of wealth creation. MARC FABER The
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    • 4 5 Source: Bloomberg
      Source: Bloomberg  -  4 words
  • Page 5 Advertisements

  • boom & bust
    • Article, Illustration
      3867 6  -  From tulipmania to history's longest bull run on Wall Street to the Net mania, booms and crashes have propelled and devastated entire economies and financial markets often when they are least expected. No matter how clever economists and researchers get, the bulk of them will in all likelihood
      ARTWORK: GARETH CHUNG  -  3,867 words
    • 1404 7  -  When the wrath of God no longer instilled fear in the hearts of men, capitalism, it seems, was the next best thing, PATRICK DANIEL found PATRICK DANIEL The writer is the editor of BT The Passions and the Interests, by Albert O Hirschman, Princeton University Press,
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    • 844 8  -  So they say. But is it really that good or is it mere momentum? Caroline baum wonders CAROLINE BAUM Bloomberg IT happens in every business cycle. An asset or asset class gets overvalued and the reaction is always the same. Normally sane financial market professionals proclaim
      Bloomberg; Source: Bloomberg  -  844 words
    • Article, Illustration
      2279 9  -  As young economies go, Singapore has had its fair share of financial crises along with its rapid growth. Fortunately, its experiences are less insane than those of many other developing countries. Still, a quick rewind could yield some timely reminders. The Singapore exchange is in fine shape after
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  • Singapore
    • 818 11  -  No glitches expected bnt govt, private sector chiefs will remain on standby ity Raju Chellam CHIEF executive officers, presidents, managing directors and other top company officials will stay awake tonight hoping that that's all they have to do. Yes, confident as they
      SIEW YAW HOONG  -  818 words
    • Article, Illustration
      483 11 'There is no need for the public to take any special precautions. The millennium crossover is a momentous occasion. We would like to see Singaporeans enjoying themselves as they mark this special moment.' Alan Chan Permanent Secretary Ministry of Communications and Information Technology, and National Y2K Spokesman
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    • 301 11  -  By* Ann Toh SEVERAL precautionary measures are being put in place during a 28-hour critical time window (CTW) to guard against any calling ship that may have been struck by Y2K glitches. During this period, some categories of vessels must have a harbour
      301 words
    • 898 12  - Party time for the rich and famous Hotels and restaurants enjoy full bookings for their extravaganzas on New Tear's Eve ////i Corinne Kerk SO, where exactly will Singapore's rich and famous be as the clock strikes midnight this year? If they're not busy hosting glamorous millennium parties at their professional-ly-decorated
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    • 1428 12  -  From glittering galas to a labour of love in the kitchen, four personalities tell tax su ten what they will be doing on the eve of the new millennium TAN SU YEN um HIS New Year's Eve, I will participate with my
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  • Page 11 Advertisements
    • 192 11 Embellish Your Home i > wnh our,jj me i ess Elegance European Furniture L MANDAI SHOWROOM ftoaOmkHmfoim 2A Mandai Estate Unit 01-03 I Tg%E S4E up TO 7 0 #WE ARE an offer simply irresistible I j J. 1 S:» ~i rfi if w 1 JS» r> OwtkiU* Np»l»n NEI
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  • Page 13 Advertisements
    • 174 13 I Singapore Press Holdings has taken all reasonable efforts to ensure that I I our computer systems are Y2K ready. We have in place contingency plans I I to ensure that operations will continue smoothly should the Y2K bug strike. I We are prepared for the worst if the Y2K
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  • Page 14 Advertisements
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      46 words
    • 9 14 I to day I Lianhe laoDao SjlijESSßSffi «-r m
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  • essays
    • Article, Illustration
      1863 14  -  A thousand years later, humans need a higher power to curb their destructive tendencies, to keep them from destroying each other and all other life forms. RAJU CHELLAM tells a cyber fable RAJU CHELLAM The writer is BizlT's editor ON Jan 1,3000, you wake up from your afternoon
      JEN CHUA  -  1,863 words
    • 1300 18  -  But without an institutional framework and regional solidarity, meaningful cooperation can make little headway From. Anthony Rowley in Tokyo THE emergence of a true regional identity within Asia appears likely to be a rather hesitant and confused process in the early years of the new
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    • 1715 19  -  The rise of the United States as global superpower is not a victory of 'the West', but the triumph of the Anglo-American tribe, says LEONHADAR LEON HADAR The writer is BT's Washington correspondent IN the many television accounts of our last 1,000 years that American viewers were exposed
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    • 1488 22  -  In the self-portrait of a Burmese artist, KARIM RASLAN sees the effects of globalisation on the individual KARIM RASLAN Karim Raslan is a KL-based lawyer and writer MANY essayists have argued that globalisation is the great theme of the new millennium. Announcing
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    • 872 22  -  When the new millennium begins depends on when one starts counting. Here's a look at the all-important concept of zero Mohan Kuppusamy The writer is editor of the Editoral Page IS THR world wrong to celebrate the dawn of the new millennium
      872 words

  • region
    • 889 15  -  Pockets of social tension fail to dampen confidence as attention shifts to the slowly reviving economy hYom Shoeb Kagda in Jakarta AS one of the most tumultuous periods in Indonesia's history draws to a close, the country is slowly but surely redefining itself against a
      FILE PHOTO; Source: Bloomberg  -  889 words
    • 757 15  -  From Harish Mehta in liangkok FIRMLY ensconced as the world's No 1 exporter of rice, Thailand is now setting its sights on becoming the "Detroit of South-east Asia" as well as building a number of technology parks to stay in the regional techno-race. The
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    • 1050 15  -  But its political complexion is less clear; seen set to change in new millennium From Eddie Toh in Kuala Lumpur AFTER a searing economic downturn, Malaysia is fast regaining its economic verve, and is once again on the road to becoming a developed country by 2020,
      FILE PHOTO  -  1,050 words
    • 1144 16  -  Analysts see China's accession to WTO, spread of e-commerce as major factors influencing its development From i Quak Hiang Whai i n Hongkong WITH the world on the cusp of a new millennium, two words stand out for Hongkong as it shakes off its
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    • 681 16  -  Govt's determination to concentrate power in its hands is biggest barrier From] David Murphy in Beijing JUST a few short years ago, Zhongguancun optimistically dubbed Beijing's Silicon Valley by China's official press was nothing more than a dusty collection of computer outlets in
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  • Page 16 Advertisements
    • 1830 16 I 3 I Commonwealth Bank of Australia uonmonweaiin dspik acn *****3124 COMMONWEALTH BANK OF AUSTRALIA AND CONTROLLED ENTITIES FOR THE YEAR ENDED 30 JUNE 1999 r STATEMENTS OF PROFIT LOSS BALANCE SHEETS For the year ended 30 June 1999 GROUP BANK For toe year ended 30 June 1999 GROUP BANK
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  • world
    • 868 17  -  Nikkei's year-end rally can't conceal underlying angst about what future holds for the country From Anthony Rowley in Tokyo TOKYO markets bowed out of 1999 on a proud note with stock prices benefiting from the Christmas spirit and the bond
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    • 647 17  -  They also expect slow bat steady rise in the fortunes of the euro From Shada Islam in Brussels UNDETERRED by the euro's lacklustre performance on global financial markets, European Union economists are predicting robust growth in the 15-nation bloc in 2000, and
      Source: Bloomberg  -  647 words
    • 796 17  -  From Neil Behrmann in hmdon BRITAIN is ending the millennium on a gigantic spending spree on post-Christmas sales. Gone is the gloom of a year ago when the majority of economists were predicting recession. Instead, most pundits this time are forecasting
      FILE PHOTO  -  796 words
    • 598 17  -  COMMENT ART bY(>m Prem Shankar Jha in New Ik'lhi AT the dawn of a new millennium, India's prospects look brighter than they have for a long time. But Indians are the only people who seem not to know this. To some extent
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    • 1353 18  -  Tech stocks and the economy are the two defining themes for trading in US stocks in the year ahead From Andrew Marks in Xeir York INVESTMENT pros say the Internet bubble, interest rates and Microsoft will dominate the investing year.
      FILE PHOTO  -  1,353 words
    • 647 18  -  From Leon Hadar in Washington JUST a decade or so ago many experts were predicting that the United States was in the process of economic and military decline and that Japan and/or Europe and/or China were about to replace America as the new global
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  • Page 20 Advertisements
    • 257 20 J|SnHH| OMEGA, at the Forefront of Watch Revolutionary OeViiie OME How solid tradition and futuristic vision combined with JM technological developments to make the solitary dream of H George Daniels come true for the future of watchmaking. "The co-axial escapement is the first practical new watch escapement in 250 years
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  • Page 21 Advertisements
    • 226 21 e Forefront of Watchmaking with the itionary OeViiie OMEGA-Axial. mbined with Dlitary dream of IT 9f Viile watchmaking. x ojK xial Skeleton Dr. George Daniels v 0 (18k yellow gold) Ref. No: 5912.30.22 Ss2 9 .300 Y CI 5529,300 B O 33 I M Unwilling to admit defeat, OMEGA and
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  • millennium's greatest
    • Article, Illustration
      619 23  -  Stock: Berkshire Hathaway R SIVANITHY gives his vote to Warren Buffett who uses good old-fashioned investing sense to turn Berkshire Hathaway into a stock with handsome returns R SIVANITHY IS Berkshire Hathaway really the greatest money-spinning stock of the millennium? Probably not. In fact, it's probably nothing of
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    • 508 23  -  Real estate deal: Africa No property deal came close to the indiscriminate division of Africa among European powers at the Berlin Conference of 1884-85 By' Vikram Khanna NO, it was not the purchase of a block of prime office space in the Ginza in Tokyo in the mid-1980s,
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    • Article, Illustration
      718 23  -  Company: British East India Company The influence of British East India Company spanned from trade to politics for three centuries, a feat unrivalled by any company By' Vikram Khanna IT was the world's first multinational corporation and there has not been another even remotely like it in power
      718 words
    • Article, Illustration
      1028 24  -  Economist: Adam Smith Adam Smith's ideas on the source of wealth have proved to be as valid and relevant today as they were over two centuries ago. He gets the vote of VIKRAM KHANNA for standing the test of time VIKRAM KHANNA THE systematic study of economics began
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    • 1210 24  -  Politician: Elizabeth I England's Queen Elizabeth I overcame adversity to become one of the most popular and effective monarchs, bringing economic prosperity and political gains In the process liy John Gee CIRCUMSTANCES may put political leaders to the test or not do so. How many politicians who
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    • Article, Illustration
      911 25  -  Inheritance: Genghis Khan's empire By the time Genghis Khan died in 1227, domains under the Mongols had stretched from Korea to Persia. JOHN GEE reckons that this was the greatest bequest in history JOHN GEE ANDREW Carnegie, the Scottish born US steel magnate, believed strongly that those with wealth
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    • Article, Illustration
      1024 25  -  Invention: Movable type Movable type, invented in the 15th century, enabled knowledge to be spread to the masses By, John Gee IT occupied a space as large as a football field, contained 18,000 valves and weighed 30 tons. ENIAC (The Electronic Numerical Integrator and Computer) was built
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    • 871 26  -  Military victory: Vietnam War As VIKRAM KHANNAsees it, human ingenuity was behind Vietnam's victory over the technologically superior and better equipped Americans in the 10-year war which ended in 1975 VIKRAM KHANNA THE defeat of the Axis powers by the Allies in 1945 had greater political significance
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    • 1009 26  -  Human calamity: Black Death The Black Death, or bubonic plague, which killed one in three of the entire population of Europe and Asia in the 14th century, surpasses any war in destructive effect //'/< John Gee THE most disturbing thing about any shortlist of the greatest
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    • 820 27  -  Bargain: Venice's deal with Crusaders The Venetians showed great shrewdness in their pact with the Crusaders during the 13th century. It led to territorial gains, including a slice of Constantinople, which far outweighed the transportation support Venice had to provide. JOHN GEE outlines the hard bargain
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    • 1124 27  -  Investment scam: Ponzi scheme Charles Ponzi pioneered the scam that bears his name, through which he bilked USslom from thousands of investors in the 1920s By' Vikram Khanna THE subject of investment scams is worthy of an encyclopaedia all for itself— down the centuries, there have been
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    • Article, Illustration
      739 28  -  Building: Taj Mahal More than a magnificent piece of architecture, the Taj Mahal is also the embodiment of an emperor's love for his wife, writes VIKRAM KHANNA VIKRAM KHANNA OK all the choices for the greatest of the millennium, this is one of the hardest to make and to
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    • 1095 29  -  Gadget: Wrist watch Forget the zipper or the Walkman. larry wee argues that the greatest gadget of all time is the wrist watch for all that it represents and the future that it holds LARRY WEE The writer is a BT senior correspondent THERE are countless
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  • Page 28 Advertisements
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    • 135 28 ff <. Jgg &***s JaUKW y^ofKmSS^ -**>■ J Savour local fare lind our award-winning Chicken Rice We are open 24 hours daily in case j i'ou have not eaten yet. j Enquiries: 831 6291 Mandarin Singapore _J 11 Orchard Road, Singapore 2 ***** I W 717 4411 Fax 712 2)61
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  • the car
    • 786 30  -  IT ALL STARTED in 1770, when French military engineer Nicholas Joseph Cugnot built a huge steam-driven vehicle that could chug along for up to 15 minutes at a stretch. Several motorised inventions followed; but it was not until 1894, when Karl Benz made and sold 67 Velo four-wheelers,
      ARTWORK: GARETH CHUNG  -  786 words
    • 231 31  -  Car: Mini Compactness has its charms as CHRISTOPHER TAN roots for the versatile and sporty four-wheeler CHRISTOPHER TAN OUR verdict is the Mini. While it didn't quite sell as many as the Volkswagen Beetle (which was a tough contender), the Mini achieved an unsurpassed standard in
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    • 389 31 Car of the century Tan Ju inn Wen Sales director, Kim Eng Securities 'Before the advent of mass-produced cars, a trend which the Model T launched, a personal transporter was truly beyond the reach of the common man. So for me, the car of the century has to
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  • Page 32 Advertisements
    • 6383 32 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF LYNX MARITIME PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Holding
      6,383 words
    • 315 32 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF DELCO ELECTRONICS ASIA/ PACIFIC PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Hotding Company relating to Proceedings of Subsidiary Company pursuant to Section
      315 words

  • THE ARTS/SPORTS
    • 1063 33  -  The world isn't about to blow up oil us. At least, not when the clock strikes midnight tonight. So there's still time, fortunately or unfortunately, to figure out what we're doing with our lives, and where we want to go next. jaime ee gets
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    • 1045 33  -  MY SPORTSMAN OF THE MILLENNIUM Pele His haul of 1,279 goals will almost surely never be surpassed in the history of the beautiful game Hft Walton Morais NO OTHER field of human achievement captures the imagination of more people at any one time than sports. Yet, over
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  • Page 33 Advertisements

  • THE ARTS
    • Article, Illustration
      205 34 Die Fledermaus Singapore Lyric Theatre presents Johnann Strauss Jr's quintessential Viennese opera. The operetta tells a tale of mistaken identities and extramarital affairs between two couples. Directed by Hugh Halliday and conducted by Lim Yau, it features Nancy Yuen as Rosalinda, Andrew Forbes-Lane as von Eisenstein, and Wang Kewei
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    • 42 34 HfHlannlnm Concort To usher in the arrival of the new millennium, the Singapore Chinese Orchestra will perform a varied repertoire including traditional, contemporary and familiar local tunes. Jan 1, Bpm at Singapore Indoor Stadium. Tickets: $20, $10 $7available at Sistic (348-5555).
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    • 486 34 Asian Civilisations Museum Chinese Snuff Bottles More than 200 rare pieces from the Qing dynasty are featured in this exhibition. Highlights include bottles made of coral and mammoth tooth. Until Feb 2000. Prized Possessions: Jewellery from Thailand, Malaysia and Indonesia Gold, bronze, beads and shells are some of the
      486 words
    • Article, Illustration
      504 34 Celebration Featuring recent sculptures by Delia Prvacki. Until Jan 12, Sculpture Square, 155 Middle Road. Daily: 10am to 6pm (except public holidays) Experience a world-premiere collaboration between eight Singaporean and French artists who mixed images like DJs mix sounds. Jan 3-27, at Societe Generate Gallery. 4th Floor, Alliance Francaise
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    • 155 34  -  Compiled by. M Yasotha/ Parvathi Nayar Madame Tussaud's Singapore Now you can be a tourist in your own backyard as Madame Tussaud's waxed figures of famous people set up temporary headquarters in Singapore. Over 100 figures are on display, in themed settings with visual and audio effects. Expect to
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    • Article, Illustration
      151 34  -  By] Parvathi Nayar The buzz: Singapore's very own cultural icon returns after a sold-out premiere at the Singapore Arts Festival 1999, with more songs, dances and visual punches like puppets. Plot and players: Expect a madcap romp with darker undertones this time round when Mr Beng (Caleb Goh) tries
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    • 998 35  -  MY MOV IK ICON OF THE CENTURY Marilyn Monroe Images of her pouting, preening, standing over a subway vent are probably more widely recognised than those of any other woman I iff. Parvathi Nayar YOU COULD say with some world-weariness and some justification that if she was beautiful,
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    • 657 35  -  MILLENNIAL READING Guns, Germs And Steel By Jared Diamond Vintage Press, 1998 Reviewed by\ Mavis Rebeira CAN ANYONE possibly write a history of the entire human race in a book which is less than five hundred pages? The answer is yes, and only if you are Jared
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    • 977 35  -  Eric Khoo's MOVIE OF THE CENTURY Taxi Driver Urban alienation is Scorsese's best contribution to cinema. And this movie is one of its best vehicles Interview by Parvathi Nayar WHEN Eric Khoo, arguably Singapore's most famous filmmaker, sits down to pick the best film of the
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    • Article, Illustration
      746 36  -  MY POP GROUP OF THE CENTURY The Beatles It was the Fab Four from Liverpool, more than any other pop gronp in history, who first got parents listening to the same mnsic as their children /?#/< Chuang Peck Ming Pop music got no respect, until the Beatles came
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    • Article, Illustration
      770 36  -  MYTOP WINESOFTHECENTURY u,,\ N K Yong THE CLOSE of this millennium marks perhaps the close of an era in which the tremendous advances in the knowledge and technology of wine-making have been judiciously combined with the best of traditional wine-making. The result is that fairly decent, even good,
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    • 531 37  -  MY COMPOSER OF THE CENTURY Igor Stravinsky The works of this ceaseless innovator continue to excite and surprise today lift Goh Yew Lin THINK back to 1900 and ask: who was the greatest composer of the 19th century? The answer would be nearly universal: Beethoven. His work
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    • 827 37  -  Goh Eck Kheng's WRITER OF THE CENTURY ■JRR Tolkien With The Hobbit and the Lord Of The Rings trilogy, he created a whole new mythology for the English Interview by Joanna Lim QUESTION: Since when does making something out of nothing earn a nomination
      ILLUSTRATION FROM THE HOBBIT PUBLISHED BY; TOLKIEN CALENDAR 2000. ILLUSTRATED BY TED NASMITH  -  827 words
    • Article, Illustration
      636 37  -  MY MUSICIAN OF THE CENTURY Yo-YoMa He crosses cultures and musical genres with ease, and bridges the often fatal divide between audience and classical music performer Ny Benjamin Loh IF ONE defines "the greatest musician of the century" as someone whose technical mastery of his instrument and whose
      636 words
    • 794 38  -  MY ARTIST OF THK CENTURY Pablo Picasso He embraced change in an art world where too many search for one distinctive style iw Parvathi Nayar PABLO Picasso (1881-1973) is the perfect icon of a world where change is the only certainty apart from death and Greenspan's pronouncements for
      794 words
    • Article, Illustration
      792 39 Anna And The King.Jodie Foster plays the Englishwoman who teaches King Mongkut's family in 1862. She learns a few thing?, too, and influences the Siamese in this big budget extravagan za. Hongkong star Chow Yun-fat plays the king. Orchard, Causeway, Picturehouse.Suntec, Jubilee, West Mall, Toa Payoh, Empress, Beach Road,
      792 words
    • 117 39 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wati Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings <S wheelchair facilities Bishan Boon Lay Marina TampinesS Tiong Bahru Yishun Overseas Movie Clementi/Co'wealth 777-0669 Golden/New
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  • Page 34 Advertisements
    • 168 34 Managing your life plans and investments is never a one-way conversation with us. Not in the past. Not now. Not in the future. So expect the same level of v commitment from us in the new millennium. Because at Prudential, we will continue to do what we do best: listening
      168 words




  • Page 38 Advertisements
    • 87 38 because helps to the arts scene. Every time you use the card, kyifa^i^!i we P* e(l B e a percentage the amount r- j 5 .-jv x n.,,...-. nrif- i their feet. In return, you'll enjoy priority 1 ""--WSkm. j Hf"j l ■iv-.'jj&K '-r~ Im, ''bookings, exclusive benefits leading x
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  • Page 39 Miscellaneous
    • 1801 39 TODAY'S TV i 2 r v 7.30 2000 Today. RECOMMENDED VIEWING Premier® lm s 8.00 2000 Today. 1 3.00 PM TV Innovations. V 8.30 '2000 Today. 1 Cinematic cinema's most celebrated J OO 0.30 aSffy'" achievements. 5.30 Sesame Street. p OT rhn- r>«,„ 10.00 2000 Today, excellenop 6.00 64 Zoo
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  • 137 40 Internet: http://business-times.asia 1 com.sg/ W Business is going to change more in the next 10 years than it has in the last 50.1 H Microsoft founder and the world's richest man, Bill Gates, HI whose current net worth is US$93 billion. 6 The biggest jM!SMQfoctober 1987 was
    ARTWORK: GARETH CHUNG  -  137 words

  • SHIPPING TIMES
    • 129 41 Xinhua [SHANGHAI] Cosco Container Lines, China's leading container shipping company, will add 13 container vessels to its fleet next year. By then, the company's container shipping capacity will reach 215,000 TEUs (20-ft equivalent units), ranking fifth in the world. The company, established at
      Xinhua  -  129 words
    • 312 41 SES *000 Otc 30 a it CWT Distribution 1.30 0.04 79 Chuan Hup 0.43 -0.01 ***** Cosco Investment 1.16 -0.02 135 Freight Links 0 JO 0.01 888 GB Moldings 0.92 0.03 5 Hit Sun Hup 0.85 unch 452 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 1.23 0.01 219
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    • 704 41  -  S'poreans among those paying np to $15,000 each for Royal Caribbean's 21-night cruise By. Ann Toh [SINGAPORE] Cruise lines are ringing in the new millennium with a big bang, and Asian passengers are lapping up cruising as a novel way not only
      FILE PHOTO  -  704 words
    • 254 41  -  From Rajendra Bajpai in New Delhi CHENNAI Port Trust in India, which is currently expanding its container berth, plans to call bids soon from local and foreign companies to operate and maintain the berth. Civil works are already in progress to extend
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    • 637 41  -  ADMIRALTY CASEBOOK By\ Selva Kumar A JUDGE in an English admiralty court has criticised the increasingly widespread practice by parties in collision cases to use several expert witnesses and a variety of computer software to adduce evidence on seamanship matters. The observation
      637 words
    • MARITIME safety
      • 1104 42 Risk management techniques, initially developed for reactor facilities, are expected to improve shipboard safety ABS Running a ship is not like running a nuclear power plant. But risk management techniques, initially developed for reactor facilities, have already helped the maritime industry assess regulatory proposals, and are
        ABS; FILE PHOTO  -  1,104 words
    • 305 42 PAGE ECL 4 ANL 3 ECU Lint 6 II Accord 8 ESP Lines 13 Ahrenkiel 14 6 Appenship 5 foongSun 8 Asia OCL 13 Frt Lmks M Austral 8 GLmk Avant 14 Gfm,rtranj 6 8'tanq Mas 8 GenShp<1 13 BSA 7 6lo6, BTL 14 Gt0fyNav 14 '5T
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    • 21176 49 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT I F T A TTA ArfuMflUr W»>.U>I ETA ETA Advertiser Vfssd Voyage Telephone I ETA ETA Advertiser Number 'nu'Ct S SIN Dest'n Name Name Number Number I SIN Dest'n Name Name I 11/01 04/03 NYK NORSUL ICARAI 008N 65 *****23 W To ABIDJAN
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    • SHIPS IN PORT
      • 595 55 Vessel Voy No B«rth Arrival Departure VtiU ai Je e1 JOS 30/12/8:40 30/12/23:00 OCMnworM 2499 J15 30/12/9:20 30/12/23:59 Mirco Poto 3 MAY 99 JB 30/12/9:35 31/12/23:59 Bt Must** 0(C 30 JOI 30/12/13:05 30/12/23:59 linqco U«38 LU03 J03 30/12/12:45 30/12/21:00 M*copo»o 48 PDW03I J15 30/12/13:40 31/12/12:00 MffyUi 0EC99 J17
        595 words
      • 1866 55 RECEIVING OF EXPORT FCL CONTAINERS AMP LCI CARGO Booklnq/faltnct Rstls Ship Voy No Etb/Btr Ptflod From To From ACI MAGNOLIA 0l«s 1/1500 W»0 29/1659 N/1900 ACI magnolia u»» jA 29/1700 30/0659 JO/WOO 29 29/1700 30/0*59 10/0900 30/0700 90/1159 JO/MOO 4 30/1200 30/1459 30/1700 APTlOTUS 27 31/4:30 M 29/WOO
        1,866 words
      • 213 55 Doc 31 Thailand: New Year's Eve. Jan 1 Malaysia: New Year Day. South Korea: New Year Day. Taiwan: News Year Day. Denmark: New Year's Day. Finland: New Year's Day. Germany: New Year's Day. Jan 2 South Korea: New Year. Jan 3 Australia: Market Holiday. New Zealand: Market and
        213 words
      • 772 55 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 market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        772 words
      • 367 55 Cvton *> "2.1 2J 19.0 0.08 68 0.09 W8®® n_ r« c 1 25 0 0 0 OK 30 Qmlty Water N«Wt »*> Atortnto* 985.2 0.4 13.3 0.06 32 0.02 3 8 0 Mjl 992.5 0.9 17.5 0.07 72 0.04 M/iri v/v *itftt %n/n mt m!m
        367 words
    • AIR & LAND transport
      • 590 56 Airlines catting drastically their flights daring critical period of New Tear changeover Reuters, Bloomberg [SINGAPORE] Asia's main airports are going to be quiet during the "high risk" hours starting from 10pm tonight as airlines drastically cut scheduled flights during the period. A total
        Reuters,; Bloomberg; AFP,AP  -  590 words
      • 36 56 [CHENGDU] Trucks wait to enter the ChengduChongqing expressway as a thick fog falls on Chengdu, China. The city airport and several expressways are closed due to lack of visibility, officials said. AP
        AP  -  36 words
      • 428 56 70% of plane wreckage recovered from ocean floor AP [PROVIDENCE, Rhode Island] Crews have recovered about 70 per cent of the wreckage of Egypt Air Flight 990 and located the plane's remaining engine on the ocean floor, the National Transportation Safety Board said. The
        AP  -  428 words
      • 131 56 Reuters (LONDON] British Airways has agreed on a radical change to its structure to increase Internet sales and help stem a slide in profits, the Financial Times reported yesterday. The newspaper said the airline would separate its Internet sales into a new unit
        Reuters  -  131 words
      • 238 56 AFP [SEATTLE] US aircraft man ufacturer Boeing announced the German airliner Air Berlin ordered six of its next generation 737-800 in a US$3OO- (Ss49B million) deal. The Air Berlin buy is a new order not counted among a list of orders Boeing announced
        AFP  -  238 words
      • 1912 56 CITY FLIGHT ETA f LIGHT ETD W4587 2359 AMIaMt AN8230 1905 AN8229 2230 *****6 2359 LH6381 1905 LH63S0 2230 Fateaka $0909 1750 S0990 0125 S0230 1905 S0229 2230 r«MTlin« ***** 1910 CZ354 0910 Antittrdam S023 0650 KL0644 0130 C2351 2045 $0604 1015 KL0837 1535 *L0838 2335
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  • Page 41 Advertisements
    • 79 41 Managing risk to improve maritime safety Pg 2 Asian airports to be quiet during Y2OOO rollover Back page PEIEPAS WhUe We Take Over. Reduced Turnaround Time With State-Of-The-Art Facilities Including Super Panamax Cranes With A 53m Outreach At Your nrn PortofTanjung Pelepas j f RELIABLE EFFICIENT ADVANCED V a Pelabuhan
      79 words

  • Page 42 Advertisements
    • 1237 42 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MAWQAfttTA SERVICE) wssa voy pusrTfro»i lotM iuffl #*us hoikion oocago wwyom mbocoott vissa vot riJir|rT.QMriAi|acajou}SAHiooaco)coowto|rrcAtogA oubiavpitma jauuow^ ooawma "wsoT" I?7ST iTTii W* wiT 01/01 <savnomg«>ng o.in
      1,237 words
    • 489 42 /dfeIPPZ LINES SEE OUR COMPLETE SCHEDULES ON Fixed-Day icUdui* to JPN, TWN, HKG, PHI (Accepting FCU to Cowbodw/(^/Swi<fai/Mof/Hto/H»D«hiwio/Sww/>M QUfOUHP Ivoy I jktI walrou sm mniI hko km. kmm o*a tro von twc smz hoo_ jg»_ Ffummi mm ion oroi l,J1 1101 1HJ ASIAN POUUI HS1I 0101 0101 Aauuc opto ii.u
      489 words
    • 117 42 l lnes services represented f/mfSkjwV by Members of the Registry of UKgW/ Accredited Shipping Agents. S"pore National Shipping Assoc NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE MV "TBN" ETA SIN 23/01/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO PORT KUNG/SMGAPOt(/IMMtt t lANGCM CTA PKI.
      117 words
    • 10 42 dffmk M Members ot the Singapore Freight Forwarders •MW Association
      10 words

  • Page 43 Advertisements
    • 1043 43 TO EUROPE FROM EUROPE Ivcsa »or sw m iw hmi wv sou m hh Ivcsa wrliw w hw wv sou m uh sw NOIBR 013W 01/01 14/01 11/0) 21/01 27/01 HYFHMAL 321E 09/12 11/12 14/12 01/12 01/01 API HAM 013W 03/01 20/01 22/01 25/01 19/01 MOSEI S3OI 12/12 14/12 17/12
      1,043 words
    • 2035 43 till■» Sank* HilKw HANJIN SHIPPING life,l •M i Ik -Sate *****30 hahmw shipping 5) m ltd womwg *****3s 73/ sales *****74 731 hot *****71 in ofa*noK ******0751 mm tut 777;05s hu *****40 amo i i s34<3qooom TO NW USA A CANADA USA CANADA* rotvu/vot I iam sm umh*ui/vot I sa
      2,035 words
    • 386 43 FULLY CONTAINERISED DIDICATID SIRVICIS yrr fT| unv CIN Mr UfW (JM u*r XTI IKW HK ut(uuaii wis" Sg mST~ wS K mm! 40 NAGMOUA UN 01/01 OVDI 07/01 UtTC HQ#MOMG MIS I M/ 01 11/D1 IHYUICMI SPWWTB 3EI EM 33T KMTC KEILUH6 »110 02/01 (K/01 fIM 05/01 Of/OI 11/01 14/01
      386 words

  • Page 44 Advertisements
    • 1684 44 DSR-SENATOR UNES TO UK/CONTINENT TO MEDfItatRANEAN^CANADA Vtssti voy Is« leh htm |mm ham $m a» «»l voy m on %n fos m.c ura HMUN SAN FRANCISCO 0015W 29.12 15 01 17(1 11*1 10 01 MM 2101 WASHINGTON SEMATM OM3W Ml? I*ol 10 01 20 01 22 01 2101 TRAKHtIMTY 0824W
      1,684 words
    • 964 44 am MAC-NELS S'PORE M'SIA I Carrier MN CONTR LINES, INC p. oudang: (ot) *****26 I l\~/\ J OR 0R*19D99T«***** SIBU: (084) *****9 MANLA: (632) *****24 V l w PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT: (21)*****45 KUCMNG (082) *****1-3 AMERICA SANTIAGO EX "H SCHULTE"
      964 words
    • 649 44 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO VMMI S PORE N. SHEVA COLOMBO P. KLANG TULSIO.ISV.III 02 JAM 12 JAN II JAM 22 JAN TARPON SILVER VIOOW 11 JAN 19 JAN 23 JAN 21 JAN CAPE CANAVERAL VII7W II JAN 21 JAN 31 JAN OS FEB TULSIDAS V 119 25 JAN
      649 words

  • Page 45 Advertisements
    • 1906 45 [vessel voy khh hkg sin pkg pxb dmm ba bik IRAN TAKHTI PCL-001 22/12 24/12 28/12 29/12 08/01 09/01 11/01 13/01 IRAN BAABAEI PCL-135 29/12 31/12 04/01 05/01 15/01 16/01 18/01 20/01 IRAN TABATABAEI PCL-137 05/01 07/01 11/01 12/01 22/01 23/01 25/01 27/01 IRAN SEESTAN PCL-136 12/01 14/01 18/01 19/01
      1,906 words
    • 1007 45 20 DEC 99 EVERY MOMMY YO LONGBEACH 19 DAYS TO OAKLAND 21 DAYS I GENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/l) I SHIPPING Ml LTD #12-00 SALES/IKGS *****57/43 INWARD DEPT (0/0) *****55 COSTAR AGENCIES (M) SDN BHD TEL 02-07-35 ***** FAX: 02-07-*****70 [fT]
      1,007 words
    • 1057 45 EXPORT IMPOST nm yor sm in |m I urn ham |mn\ ri vksh vot kti mm m um mi HjWUMGTOH 010W 04y0! 21/01 23/01 24/01 25/01 26/01 27/01 NJIMOON ME oSVIJ llfll uYll 1 TlFf slas.- mmtmmmnsr *<an*omortoifto» i>wtukukmbmvbi «ovohsikthkmkvia nm nMrrwof vumi TKANSffACIFIC SHIVKI EXPORT m 51 ,A IMPORT
      1,057 words

  • Page 46 Advertisements
    • 1503 46 EUROFtAJK/SCAWDtMVIA/FWUmD/WUSSIA [iGPI ROM ANW HBG THP ZEE LHV LHV THP ROM ANW MBG PKL I SGP E DELUXE RW-013 01/01 ***** 26/01 22/01 24/01 25/01 26/01 E REACH RE-02C 09/12 11/12 IBTI2 14/12 02/01 03/01 E DIVINE RW 008 OS/01 27/01 02/02 29/01 31/01 01/02 02/02 E REPUTE RE 022
      1,503 words
    • 827 46 rJHiOff PACIFIC INTERNATIONAL LINES (PTE) LTD A SSSSI 140 Cecil Street, #03-00 PIL Budding, Singapore *****0. I CR NO: **********0E I vpr jm m m 5 »V» W W wp sw I lUNGA TUATAII $15 1/1 4/1 IS/1 20/1 24/1 Jl/1 1/2 I kota rttymA tm*j zmz: \u\ u/i ai\
      827 words
    • 354 46 SO TEL OK BLANGAH ROAD *02-02 OTPOfIT CENTRE SPORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTIMATKM MABUKWA 01/2000 HOI ,2000 0241/2000 MUNTOK MABUKWA 02.2000 0(41/2000 07/01/2000 PALEMBANG/ PKL BAIAMMUNTOK WAGURI 01/2000 1241/2000 13A1/2010 PONTMMAK ILMAMUI 01/2000 *****000 1341/2000 MALAYSIA
      354 words

  • Page 47 Advertisements
    • 428 47 BSA n. mm. MYANMA wBBk FIVE STAR LINE (Myaamar National Line) Loading for Yang or (Rangoon) VESSEL VOY SIN PKL PEN PGU MAWLAMYINE 07W SLD SITTWE 91W 15/01 MALAYSIA AGENTS: ROUSTUO SHIPPING AGENCIES KUL: TEL (03)*****00 PKL HI (03)*****01 PEN: TEL (04)*****02 PGU: TEL (07)*****21/4 BANK LINE (A strvice of
      428 words
    • 1288 47 HMAT- C HYUNDAI MERCHANTMARINE CO., LTD. Ivtssa vot si 1 sou I tai I ktm *ht iw tv I pa I ivtssa vorlsoul ibi I rim 1 amt I hah I rrv I re si I NOLRK 013W 31/1? 21/01 22/01 16/01 11/01 HTWBUL nil 01/12 15/12 11/12 14/12 01/01
      1,288 words
    • 1208 47 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVYUFT StRVKT VISSCL VOY RAMP HEIGHT SIN LAX CRI MIA SAV Ml ORE NYC ICW MM TAIKO AHOO2 400T«k 6.3** 13/01 10/02 17/02 20/02 22/02 24/02 25/02 27/02 02/03 06/03 TOURCCMNG AHOO3 400 Toas 6.3 M 27/01 23/02 01/03 OS/03 07/03
      1,208 words

  • Page 48 Advertisements
    • 746 48 BANGKOK/MAP TA PHUT/LAEM CHABANG J AK ART A/PA N J A HO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 447N 01/01 05/01 04/01 BANI BHUM ***** In Pt 02/01 1 XETHA BHUM*' 316N 02/01 05/01 06/01 BUNGA MAS TtGA QOSBOI 01/01 05/01 ACX SWAN
      746 words
    • 362 48 f^HHH INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE va 7TT w m stp m w* tu m KASUGAI ?6i 31/11 06/01 12/W '</•' *?/01 KOMSBBMM ~S*~ 00/01 10/ li ii/ti" 23/01 J6/oT mr*m "»T ii/oi wii o/w »7»i~ MEMBUU) ioT a/01 M/»l|oi/W| |M/W FEEDER SERVICE TO INDONESIA wt
      362 words
    • 767 48 yg» S VOY ISN I PKL jed mla leh htm haw zee sot VILLE DE TAURUS A3SW 06/01 06A)1 14/01 19/01 24AM 26/01 27/01 28/01 3CVQI VILLE D'AQUARIUS U3SW 11/01 12A)1 21/01 26/01 31/01 Q2/Q2 03/02 06/02 06/02 VUXE DE ANTARES Ugg 17/01 18A)1 27/01 01/02 07/02 Q9AI2 I<VQ2 12Ag
      767 words

  • Page 49 Advertisements
    • 53 49 FAR EAST EUROPE LINE I Direct Breakbulk/Container/LCL Service to I Manila/Guam/Saipan FAR EAST USA Agents: V-Grow Shipping Pte Ltd I See Page 7 Daily FULL CONTAINER EXPRESS SERVICE Wallenius Wilhelmsen Turn To Pg 5 New Europe To [B MIDDLE EASTI S.E. ASIA service I China Shipping (S) Agencies Pte Ltd
      53 words


  • Page 51 Advertisements
    • 62 51 MALDIVES ||W HCfj NATIONAL LINE 1 IRAN AFGHANISTAN See Our Ad on Page 4 under Turn To Page 6 Seaward Shipping Cross Ports Agencies Pte Ltd. Intercontinental Pte Ltd COLUMBUS LINE Singapore Pte Ltd Look Out For Our w Schedule Every Tuesday Providing You With More Than 90 Direct Ports
      62 words


  • Page 53 Advertisements
    • 763 53 SSAMUDERA SHIPPING LINE LTD 71 Arm* #06-01 to 03, Singapore 07ff 11 MAM LINE/OUTWARD: 532 3600 INWARD (DID): 437 23M IMTORT STATUS (^M 37 7 T 37 2420 Wobtif http://www.MH.ii4orß.cowi *>• *****M0000D BOOKINGS LINE: 535 6266 (Celia/Jessico/Mei Chan/Jestynn/Doro/Hanim) |®338E3E5E8M 8 SLGS/WEEKLY 3 SLGS/WEEKLY VESSEL VOT SRt I MR 1 IvESSEI
      763 words
    • 971 53 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I me sm I «t I s« nw I ra f I »om I hai I BTI Offl W tlfW M I HW I HOfOHO«!/OS54 14/01 20/01 20/01 31/01 w/02 os/Q7 IS/02 10/02 J4/01, JLZZgL JIM- -jl/g. JjM. jo/oi .jj/gL HQWHMAHM WH
      971 words
    • 514 53 MM ENG 111 SHIPPING CO PTE UDI M: *****75 (4 Um«) tau 51M0M/51M0M I I Y~~^ a>«»»»Minit VESSCI VOT SIM ru SIN ETC MSTMATKM [w Doyc 17/99 29/1? 31/1? Dumo/Burtm/I'Bon/ San (ami 1/00 03/01 05/01 Dwo/? tou/PiraMnj UmwSttß 1/00 05/01 05/01 S«norang bandoU 1/00 06/01 08/01 Uunc 1/00 07/01 07/01
      514 words

  • Page 54 Advertisements
    • 602 54 I vessel voy sin maa sin I TIGER ARROW 762N 0&09/01 14 15rf)1 I TIGER RHYTHM 763N 04 05,01 09 13/01 18 19/01 I TIGER BRIDGE 764N 07 08/01 21 22/01 I TIGER METRO 765N 11 1Z"01 16-20/01 2&2601 I TIGER ARROW 766N 14 15,01 20-23/01 28-29/01 I TIGER RHYTHM
      602 words
    • 906 54 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg k Our Sincere Appreciation For Your Support Happy New Year Best Wishes For A New Millennium HIHUHH EXPRESS SERVICE YANGON I BANGKOK I MHANOUityHII/ I COLOMBO r—i J P.rtnn xoikuhd wsoiw os/oi HUB ACHIEVtI HAOIH 03/01 JATA MOOH (lit 01/01 IOUGAIHVILU
      906 words
    • 1295 54 1 For booking tempkycaß *****80 Q Website: http://www.ood.com J^wtT WOtm IUKi USA (iMfi crj Ifj Hi ury yyr umi ImMtl yfy yvr uAi| fig iri era OOQ AMftICA ***** OVOI 71/01 77/01 77/01 74/01 I OOQ AMBtKA 31*530 07/17 01/17 Ot/l? IC/17 15/1? 07AII 00Q OUJfOtNU 47BO? 17/01 71/01 07/07
      1,295 words

  • Page 55 Advertisements
    • 89 55 I I BF V <* J JCjfe^^l I '-^*;^J^**' «M Kf .■^ii<»^ ;#i w <>#^BliB*iS(l^(^^®^^'^^ t >•* The Shipping Times now features a full page of logistics news on Thursday every fortnight Current trends, latest developments with specialist writers providing expert analyses and giving you valuable insights into logistics companies
      89 words