The Business Times, 8 February 2000

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Total Pages: 32
1 32 The Business Times
  • 16 1 THE BUSINESS TIMES MIT A (P) 035/12/1999 85c SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, FEBRUARY 8, 2000
    16 words
  • 50 1 STOCK MARKTTT INDICES Mondav Change KLSECOMP dosed NIKKEI 19.945 43 +182.30 HANG SENG dosed SET INDEX ***** +163 JAKARTA COMP ..636.43 +143 MANILA COMP __2,005,58 3.28 TAITO WPI dosed SEOUL COMP .9/3.13 +22.91 CLSA CHINA B dosed Al'ST AM, ORF) 3,130.40 +15.30 I lam EST Change DOW unav
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  • 76 1 FOREX RATES lis* s* IS$ 1694 £(1'S$/SS fxr X) 1602 2.712 El'RO(USS/S$/K) 0 973 1.648 DM 2010 0843 YKN 108.1 1.566* KM 3800 0.446 HKS 7.781 0218 HAHT 37.64 0.045 HiPIAH 7,645 0.022 SSlo 100 units PRIME RATES SIMiAHHtt:* B1ALA IJ MHIi 1M ■i\K\iri\ mm KA.ViKOK Mt hon«; w)w;
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  • 588 1  -  -II exclusive But all other companies do better, with economy continuing to recover: BT-CBRD survey />'//■ Audrey Tan (SINGAPOREI The performance of small firms took a dive in the last quarter of 1999. even as all other firms in Singapore continual to do better,
    588 words
  • 675 1  -  Company will cooperate with any foreign investor who bnys np to 45% of the firm's shares From! Shoeb Kagda in Jakarta ON the eve of a possible showdown between Indonesia's largest automaker. Astra International. and the country's most powerful economic entity, the
    675 words
  • 284 1 People's Lottery will be rnn as non-profit concern AFP [LONDON] BRITISH billionaire Richard Branson's numbers came up on Sunday when he signed up the world's richest man. Microsoft's Bill Gates, as a partner in his "People's Lottery", his bid to win Britain's
    AFP; FILE PHOTOS  -  284 words
  • Page 1 Advertisements
    • 115 1 INSIDE BT Comment India needs to open its stock market to foreign retail investors. Pg 4 Top stories k |w- JM Li Ka-shing's Hutchison Whampoa could become largest single shareholder of VodafoneMannesmann merger. Next Page Thai Lam Soon chairman faces new threat. Pg 4 Tony Tan on the three challenges
      115 words
    • 37 1 I care about the same issues you do. I understand them. I know I can make m progress on them. That's why, my friends, I want to be your senator. k REPORT. Pg 10 Hi Ml* Ik
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    • 20 1 Stiller competition fop concern of companies this year. Pg 6 I I Gokongwei ■BT COMMENT. Pg 5 Quek Leng Chan
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  • NEXT page
    • 826 2 VODAFON 3-MANNESMANN MERGER Its stake in Mannesmann has risen in value by 2.5 times in just 3 months with Vodafone's sueeessful takeovei Reuters SCMP [HONGKONG) 1" m ONGKONG tycoon Li Kashing's Hutchi>n Whampoa Ltd could be- come the largest single shareholder of the 180 billion
      Reuters; SCMP; FILE PHOTOS  -  826 words
    • 737 2  -  Inflationary pressures could be bigger than previously believed Frrnn Neil Behrmann in Ijmdon WHILE US policymakers and financial markets have been sanguine about the 155 per cent surge in oil prices since the beginning of last year, commodity traders are warn
      737 words
    • 532 2 Analysts say chances are small that it would seek an outright Orauge juy Reuters Bloomberg [TOKYO) .Japan's NTT Docomo, the world's second-biggest mobile phone firm, is looking at investments such as Britain's Orange Pic to -tep mto'the European market nu'r it will likely
      Reuters; Bloomberg  -  532 words

  • Page 3 Advertisements
    • 113 3 Everywhere under the sun. ffll iflffa Seow Boon Ann Corporate Banker life like puts returns on the golfing or his why he has receiving Mobile J^a| It's a whole new life. Life doesn't stand still. And nor do hundreds of thousands of Singaporeans. Because Ml places the power of mobility
      113 words

  • SINGAPORE companies
    • 722 4  -  Shareholders wai govt to biock plan double share capi they were stopped from voting against it Front Harish Mehta in Iktnykok SINGAPORE 'MiLiang who controls i am >« ..it land), a Bangkok k-ted t I age group, is facing strong >j n from
      722 words
    • 610 4  -  __E22E321 vikram khanna SJF you look at the appreciation of indi vidua! technology stocks worldwide since 1990. when the "tech stock ma nia" got underway, .on could come up with a long list of superstars you wish you'd bought into or
      610 words
    • COMPANY Briefs
      • 116 4 THE Singapore Exchange (SGX) has asked Oakwell Engineering (OE) to furnish further details on the bankruptcy proceedings against subsidiary Oakwell (.om pressor Packages (OOP), including when the proceedings were filed. The Exchange also wanted to know whether a performance guarantee of S2 million and
        116 words
      • 57 4 OMNI Industries chairman Koh Boon Hwee has reduced further his holdings in the company by selling a million shares at $3.07 each This compares with its last traded price of $3 16on the Singapore Exchange. Mr Koh is now left with 5.25 million shares
        57 words
      • 35 4 OMNI Mold Ltd lias confirmed to the Singapore Kxchange that it has no employees occupying managerial positions n ho are related to a director or substantial shareholder of the Company.
        35 words
      • 114 4 FORMER Form Holdings chairman AngOhoon Beng dins Ang Siong Kiat has reduced his holdings in the company by about one per cent to 10.76 percent. In a notice fothe Singapore Exchange. Form reported that Mr A is? h id disposed of five million shares but did
        114 words
    • 298 4  -  Valid acceptances amount to 175 m shares or 41.3%, costing $210 m />'/,< Conrad Raj KKPPKL Oil Gas Services (KOGS). a wholly-owned subsidiary of listed Keppel Fels Energy Infrastructure Ltd (KepFels). now owns 77.2R per cent of Singapore Petroleum Company, following
      298 words

  • FOCUS property
    • 827 5  - Will the tycoons move in on UIC and HPL i-i comment PROPERTY Gokongwei and Quek Leng Chan have again been buying shares in their targets' lee han shih THK Year of the Golden Dragon. Chinese astrologers say. is good for risky ventures that are supported by powerful people. Tell that
      827 words
  • Page 5 Advertisements
    • 289 5 Authentic U TEOCHEW E9 Raw Fish. mM A Fresh Approach To MnWlm Tossing Up Luck. MBI The best way to usher in another prosperous New Year is to savour our authentic Teochew-style Yu-Sheng, at Hung Kang Restaurant. Whatever your choice, you can be assured that we only serve the freshest
      289 words

  • SINGAPORE news
    • 399 6  -  Small, local firms in construction, finance, commerce especially worried Ihj, Audrey Tan KEK.XKK competition is the top concern of Singapore firms this year, especially for small and local firms in the < onsti notion, commerce and financial sectors. Compared to a year
      Source:  -  399 words
    • 187 6 BSP names two rubber traders to replace Lewis Peat Reuters (JAKARTA) Indonesia's BakrieSuirtatera Plantations (BSP) has signed contracts with two new rubber trading firms to fill the role of its collapsed Lewis Peat rubber trading operations including one in Singapore, its chief executive said. "We have signed new contracts with
      Reuters  -  187 words
    • 534 6  -  It'll be up to 30% of normal bonus; 2/3 of bonus rate cuts to be restored as well Soli Tiang Keng RKSPONDINti to improved economic c*>ll > 111• -n~> and a better investment outlook. social bonu of up to '.o |>er
      534 words
    • 610 6 DPM Tan says new mindset is needed to address these issues DEPUTY Prime Minister Tony Tan yesterday highlighted three challenges facing Singapore in the coming years and said simply issuing government directives to meet them was to "court failure". He listed the triple
      610 words
    • 161 6 Embracing the future without forgetting the past If we forget these strong (Asian) roots, our people, in particular our children, will not have the self-confidence and moral strength to be able to judge wisely and to do the right things when they face difficult circumstances.'
      161 words

  • TAIWAN telecoms
    • 1153 7  -  Chunghyva's chairman reveals how he plans to transform the unwieldy state company into a sleek modern outfit that can compete against the best Iff fH/rts hy Macabe Keliher in lai/H i STEVEN (hen. the chairman of Taiwan's largest telecom mun ications company Chunghwa Telecom, is planning
      FILE PHOTO  -  1,153 words
    • 485 7 Sale will be in two stages, starting as early as April; foreigners to get big chunk STATE-OWNED Chunghwa Telecom may begin a share sell-off as early as April as part of the government's privatisation plan. Chairman Steven Chen has pushed through a privatisation
      485 words
  • Page 7 Advertisements
    • 177 7 Freehold Residential Sites For Sale PRIME SITE IN MARINE PARADE m Existing development (18 units) Land area 28,049 sq ft r Plot ratio 2.8, up to 20 storeys (Max) °3\ Conveniently close to Parkway Parade and amenities in East Coast Katong area <#- Subject Sate /s sutyecf to Sfrafa T/ftes
      177 words
    • 16 7 TODAY LianheZaobao *****57U 7) Credit card's I bad debts j hit record high last year pry..."«
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    • 124 7 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants For
      124 words

  • EDITORIAL & opinion
    • 752 8  -  pi:i=i I bottom line OPINION paul krugman The writer is a professor ofeconomics at MIT and the author, most recently, of The Return of Depression Economics' NYT THE chief economic adviser of one candidate is the co-author of an exuberant book claiming that
      NYT  -  752 words
    • 137 8 I can say that the operation to liberate Grozny is over." Vladimir Putin the acting Hussion president, claim'ng nma jor victory in hechn\a. tak ing < antral of the republic's war torn capital. tirozny. Smallness is goodness." Don Eigjer a researcher for International Business \1 ichint s
      137 words
    • 613 8 EDITORIAL JAPAN in which En--o'%« glish is spoken fis the ofM tieial second language, ■I where immigrants are made to feel welcome and where individualism is the defining characteristic of the people is a far ci*y from the present-day reality. Yet even if this is not
      613 words
    • 1089 8  -  It's nonsensical to think that the share of services in GDP in constant prices could rise faster than the share in current prices Hn Prem Shankar Jha The writer, a New Delhi based journalist and former editor of The Hindustan Times, contributed this
      FILE PHOTO  -  1,089 words
    • 991 8 Gus Dur's hasty call FOREIGN human rights investigators in East Timor have accused*elements of the Indonesian police and army of having had a direct hand in the violence if not by actually planning and organising the rampage, then by covertly arming and supporting pro Indonesian militias
      991 words

  • REGIONAL news
    • 442 9 MANILA Move comes as Philippines is set to open long-protected retail market to foreign investment Bloomberg CASINO Guichard-Perrachon SA. France's No 2 listed food retailer, has agreed to buy con trol of bankrupt Uniwide Holdings Inc. the top discount chain in
      Bloomberg  -  442 words
    • 466 9 BANGKOK Reuters THAI telecoms firms are expected to improve on their 1999 financial results this year on the back of an economic recovery and the Internet boom, analysts said yesterday. Thai telecoms firms are set to benefit from euphoria over Internet-related businesses as
      Reuters  -  466 words
    • 509 9 SINGAPORE Interest rates are expected to drop in some countries AFP MOST Asian central banks are expected to maintain loose monetary policies in the short term to fuel economic growth despite interest rate hikes last week in the United States and
      AFP  -  509 words
    • 544 9 US HON There won't be amnesty for other soldiers, militiamen AFP Reuters INDONKSIA President Ab durrahman Wahid s i id he would pardon former niili tary chief General Wiranto if he were proven guilty of rights abuse*, in East Timor as the
      AFP; Reuters  -  544 words
    • 378 9 JAKARTA Cash-rich banks don't need to sell bonds and investors wait for big discounts Bloomberg WHAT if you opened a bond market and nobody traded? A week after Indonesia freed banks to sell some of the 282 trillion rupiah (SS62 billion) of
      Bloomberg  -  378 words
    • 97 9 (HA N<. KOk A "roup of Thai students holding banners to protest before the United Nations Con tit. nee on Trade and Development (Unctad) meeting in front of United Nations in Bang f oh* Around 20students charted slogans claiming the police designed to >ntain cn art
      AFP  -  97 words
    • 206 9 JAKARTA AFP THE former chairman of Indonesia's Bank Danamon yesterday rejected allegations that it misused the central bank's liquidity support facility and breached legal lending limits. Speaking to reporters after being quizzed by the par liamentary commission on finance and banking, Usman Admajaja said
      AFP  -  206 words
    • NOTE Book
      • 62 9 AFP [HONGKONGJ Hongkong tycoon Li Ka-shing is to finance trips abroad for 1.000 students, his foundation said yesterday. Mr Li has donated HK$7 million (SSI.S million) to sponsor a "millennium study tour" for 1.000 local high school students. They will travel this summer to
        AFP  -  62 words
      • 49 9 AFP (BANGKOK) Environmental watchdog Greenpeace yesterday said it would set up a South-east Asian headquarters in Bangkok Regional project director Lvn Goldsworthv said it would boost efforts to promote the use of cleaner energy sources in Thailand. Indonesia. Malaysia, the Philippines and Vietnam. AFP
        AFP  -  49 words
      • 62 9 Reuters [BANGKOK] The Bank of Thailand yesterday said it has started easing offshore investment controls previously imposed on Thai companies. The central bank said it told Merrill Lynch Phatra Securities on Friday that it could transfer out of Thailand within one year up to US$5O million
        Reuters  -  62 words
    • 322 10 HONGKONG Govt officials, devotees pray for good fortune AFP HONGKONG'S prospects will improve in the Year of Dragon, according to fortune messages picked by government officials at a local temple, which drew tens of thousands yesterday. Many of the devotees to the Temple of
      AFP  -  322 words
    • 363 10 SANTA CLARA AP A FORMER cooking oil company that has soared to the top of India's commerce charts plans to shift the headquarters of its most crucial division halfway around the world to the Silicon Valley. Why? "We've got to be
      AP  -  363 words
    • 341 10 NEW DELHI Reuters BRIT S largest lit* insurance and pensions group. Prudential Pic. experts to launch ii- Indian insurance business t>\ the end of calendar ifINH), its chairman. Mar tin .laiomb, said on Sunday. Prudential ha- tied up itii Indian term
      Reuters  -  341 words
    • 253 10 NKW DELHI AFP INDIA'S first Internet wedding will take place on Valentine's Day next week and the bride and groom want web surfers to take part in the traditional nuptial ceremonies. the Pioneer daily said yesterday. The marriage will take place according to Hindu tradition on http:'
      AFP  -  253 words

  • Page 10 Advertisements
    • 1541 10 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, KOH KAH BENG of Blk 136 Pasir Ris St. 11 *05-225 Singapore *****6, have applied for a Public House Ist Class Liquor Licence in respect of M/s Rain Restaurant Bar located at 86
      1,541 words
    • 545 10 THE COMPANIES ACT, CHAPTER SO SkKoo 290(2)(b) NOTICE Of RE SOLUTION FLEMING FIDUCIARY (SINGAPORE) PTE LTD (In Mambers' Voluntary Liquidation) At on Extraordinary General Meeting of Flaming Fiduciary (Singapore) Pit lid hatd 1 at 9 Raffles Pioce, #43-02 Republic Plaza, Singapore 04(619 on the 28th day of January 2000 the
      545 words

  • WORLD news
    • 492 11 \K\\ YORK It wins a three-month takeover battle with American Home Products to create world's second largest drug firm Bloomberg PFIZKR I no said it will buy Warner-Lambert Co for about US$9l.4 billion (*****.3 billion) in stock and debt to
      Bloomberg  -  492 words
    • 422 11  - Gold surges 10% its largest price gain in 4 months From Neil Behrmann in London Gold surged to US$3l6 an ounce in London yesterday, up $29.50, or 10 per cent, the largest gain in four months, as market players speculated supplies would dwindle after a producer said it would cut
      422 words
    • 338 11 WAS AP panel in Mil merit h »Uh I Mi i linton'i eighth and '.»>! Budget i- heavy with embolism, from its black >nd \\iill»» rovers, standing for the new era of a federal government in the black, to its election-year
      AP  -  338 words
    • 250 11 NEW YORK Reuters THE nev. stocks market is becoming an exclusive mem bers-only club, with trendy technologv companies mov- with invc>tors while less !n>m the sidelines and hope that in time the v. ill h. back in favour over the pa>t iv..» .car- habecome
      Reuters  -  250 words
    • WORLD Watch
      • 81 11 Bloomberg [HERZOGENAURACH, Germany] Adidas-Salomon AG indicated it returned to profit in the fourth-quarter from a year-ago loss, boosted by its winter sports and golfing units. The shares rose as much as 8.6 per cent. Implied net income at Adidas rose to 2 million marks
        Bloomberg  -  81 words
      • 51 11 AFP [STOCKHOLM] Motorola is to open a Swedish centre for research and development in mobile telephony, the newspaper Svenska Dagbladet reported yesterday. Motorola would establish some 30 researchers here to develop new products and services in the hope of benefiting from Swedish expertise, the report
        AFP  -  51 words
      • 75 11 Reuters (TOKYO] Japan's ruling coalition tiptoed towards a compromise with the opposition yesterday over its parliamentary boycott, basking in local election wins th it look to have strengthened its hand and may hasten a general election. In the first meeting between senior officials from both camps
        Reuters  -  75 words
      • 90 11 Bloomberg (LONDON) Prudential Pic said it is in talk- to sell part of its institutional fund management business as Britain's largest insurer focuses on so called p< >oled funds as opposed to separate! v managed, ot "segregated" accounts. Prudential Portfolio Managers said the segregavd
        Bloomberg  -  90 words
      • 68 11 Bloomberg MOSCOW J The International Monetary Fund (IMF) said Russia met or exceeded all of its e< onomic goals for last year, though it failed to mak 1 enough progress on "structural reforms' needed to qualify for new loans. The fund did not specify what
        Bloomberg  -  68 words
    • 347 11 LONDON Reuters BRITISH Airways posted a third quarter pre-tax loss of £60 million pounds (SSI62 million) yesterday, but said yields were starting to recover, showing the first improvement for nearly two years. The upbeat comments on yields gave shares
      Reuters  -  347 words
    • 387 11 PEOPLE LAT-WP (PURCHASE. New York| Hillary* Rodham Clinton, after only a month as a state resident, on Sunday formallv launched her bid for the l"S Senate, saying though she's "new to the neighbourhood. I'm not new to your concerns". Flanked by her husband.
      LAT-WP; REUTERS  -  387 words
    • 211 11 SAN FRANCISCO Bloomberg INTERNATIONAL Business Machines Corp. the world's biggest computer company, said it has devel oped a computer chip that runs up to five times faster than today's top chips, consuming half the power. IBM said it will demonstrate the chip
      Bloomberg  -  211 words
    • 444 12 TOKYO Bat company quashes reports it plans to take a minority share in CBS AFXAsia AFP SONY Corp shares surged yesterday on the company's plan to take a minority stake in a key US television network, possibly CBS. although the company did not
      AFX- Asia; AFP  -  444 words
    • 71 12 [LOS ANGELES] Actress Jane Krakowski, star of the television comedy series Ally Mcßeal, doing a song and dance performance I Want My Bill Gates as a series of enlarged photographs of Microsoft Corporation co-founder Bill Gates were flashed on screen during a taping of
      REUTERS  -  71 words
    • 592 12  -  Nikkei surges 1%; market seen riding out economic setback From Anthony Rowley in Tokyo TOKYO stock prices yesterday shrugged off official warnings that Japan's economy may have slipped back into recession during the latter half of 1999, prompting analysts to suggest that the market
      592 words
    • 477 12 LONDON Study says Web site quality, ease of transaction remain low with Enropes's e-tailers Reuters FEW of Europe's big name retailers will succeed in the still largely money-losing world of Internet commerce, but already some companies are closer to sniffing out profits
      Reuters  -  477 words
    • 273 12 SYDNEY Reuters RUPERT Murdoch's News Corp Ltd will have some momentary bad news for investors this week with a second quarter profit result that is expected to show another weak performance from the film division. Unable to do much wrong this year,
      Reuters  -  273 words
    • 448 12 Reuters [LONDON] Bank of Scotland chief executive Peter Burt hopes to meet his National Westminster Bank (Nat West) counterpart David Rowland to seek his backing for Bank of Scotland's takeover bid for Nat West, The Times reported yesterday. Nat West is battling hostile
      Reuters  -  448 words

  • Page 12 Advertisements
    • 369 12 NOTICES To advertise call toll-tree 1800 741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, TAN NGUANG TIAU of Blk 640, Rowell Road *04-70 Singapore *****0, have applied for a Beer House. First Class Licence in respect of M/s Chenlin Eating House located at 787 Upper Serangoon
      369 words
    • 12 12 nmmimr yjgsr simply fax: 741 1298 or Call toll-free: 1800 741 1883
      12 words

  • FINANCE & commodities
    • 532 13 The deal with Japanese firms will hit other Australian producers, say analysts Reuters [SYDNKYI Australia's BIIP Co yesterday ac cepted n 5 per cent price cut in coking coal sales to .Japan, confronting many producers with mother vear of weak profits, sackings
      Reuters  -  532 words
    • 259 13 ENERGY REPORT Reuters [LONDON] Oil prices slipped yesterday following signals that key producers have not ruled out raising production when output curbs expire at the end of March. Benchmark Brent crude was 31 cents lower at 1T5526.76l T S$26.76 a barrel,
      Reuters  -  259 words
    • 291 13 AFX-Asia London n< M« wnmrniif growth Sunday rh.it 1<»1* i- afconsumption me in fourth quar"a rather larg< negative fij: lire", while the EPA tlso pr» rlifttnl that the first quarter will si.*e sharp falls .n capita! expenditure nesboe. current s" analvst at AIIN Amru. sentiment was i si
      AFX-Asia  -  291 words
    • Article, Illustration
      848 13 XNTERBAFKCROSS RATES ~fc Ftr Q-n HK$ ird »S «.pnh Yen fton ftM M/$ j> a)( R s Pes0 S S Ea-d Str *T$ B»Ht Pound US$ f- 49 i° ***** 47 612 0.66! 7W2 2.403 1280 32.783 25.638 .068 3.946 027 19 459 23 727 0*95 0632 0 V 36-
      848 words
    • 1931 13 SICOM FUTURES RUBBER (futures closing at 5.30pm) RSS J cents/kg) Close Volume Open High Low Sett (tonnes) Interest Mar 00 122.75 1200 Apr 00 126.75 300 May 00 129.25 300 Jun 00 131.75 300 RSS 3 CONTRACT (US cents/kg) Volume Open Jllgh Low Sett (tonnes) Interest Mar 00 R00 73.50
      1,931 words

  • STOCKS region
    • Article, Illustration
      882 14 Reuters £3 SETIndex +L63 THAI Thai stocks ended flat yesterday with some foreign buying in communications and entertainment shares keeping the index in positive territory, dealers said. The benchmark SET Com posite Index closed up 1.63 points, or 0.35 per cent, at 471.97 on thin turnover of 3.07 billion
      Reuters  -  882 words
    • 296 14 AFP Q Composite Index -338 PHILIPPINE shares closed marginally lower yesterday in lacklustre trade. The PSE Composite Index inched down 3.28 points, or 0.2 per cent, to close at 2,005.58, as traders took little notice of government figures showing inflation at a 13-year low in January. AFP Ft* 7
      AFP  -  296 words
    • Article, Illustration
      755 14 AFP PI Composite Index +L43 INDONESIAN share prices closed almost unchanged yesterday as a number of Asian markets remained shut for the Chinese New Year, deal ers said. They said activity was fo cused on car assembler Astra International ahead of today's extraordinary general meeting. The Astra meeting is
      AFP  -  755 words
    • 286 14 AFP NZSE-40 +L09 NEW Zealand's sharemarket failed to n»'t out of first gear yesterday, closing flat in a featureless session. The NZSE-40 Index closed up 1.09, or 0.1 per cent, at 2,040.21 on light turnover of NZ$57 million. Telecom Corp slipped one cent to NZ$8.38. —AFP *•1 Ml (000)
      AFP  -  286 words
    • 313 14 AFP Q Composite Index +2241 SOUTH Korean shares rose 2.4 per cent yesterday on the back of declining money market rates, dealers said. The Composite Index closed up 22.91 points at 973.13. AFP F»T *o r *n«ms»ni .9930 230 •ran T#cit HOO 10 c*ntr«( B«n« 3330 25 Ch#*i Comn
      AFP  -  313 words
    • 653 14 AFP f \f All Ordinaries +15.3 AUSTRALIAN stocks closed 0.5 per cent higher yesterday following strong gains in gold and base metal prices, dealers said. The All Ordinaries Index closed up 15.3 points at 3,130.4. The All Industrials In dex rose 10.6 points to 5,452.5, while the All Resources
      AFP  -  653 words
    • 1852 14 TOKYO AFP 11 Nikkei 225 +***** SHARE prices in Tokyo rose 0.9 per cent yesterday to their highest close since mid-1997, led by gains in high-technolo-gy issues on the back of another Nasdaq record finish, brokers said. The Nikkei-225 Index on the Tokyo Stock Exchange rose
      AFP  -  1,852 words
  • Page 14 Advertisements

  • EXEC lifestyle
    • 1153 15  -  i his yeai pi < >\es to be <111 uncertain 0110 for both filmmakers and bookmakers as there are no dear (Kscar shoo ins rzcklybcan looks at the odds RICK LYMAN NYT T is one measure of the •I* di;y uncertainty of this |p9J| V
      NYT  -  1,153 words
    • 376 15 NYT (HOLLYWOOD) Most Oscar-bait films are released in the last thr»»e monthsofthe year and are accompanied by publicist stirred bus./, about them a> potential winners. In December the critics groups release their choices for the year's best films and performances, which are trum peted in advertisements
      NYT  -  376 words
    • 503 16 Prada's boss spent USsssm for America's Cup glory, but he says it wasn't cash that won the day AFP [AUCKLAND] ITALIAN fashion boss and yachting patron Patrizio Bertelli went public yesterday to reveal he had spent US$55 million (S$ 92.9 million) of his own money chasing yachting's America's
      AFP; AFP/REUTERS  -  503 words
  • Page 15 Miscellaneous
    • 610 15 I Central 6 -30 The Pyramid Game. 9.00 Kn i 9.00 AM Kids Central K*»rly Edition 11: Hom«>. 10.00 Mows On 8 2.00 To 6 00am Real-time rf' > 930 Men In Rlark- Farpwoll 8.30 Spin r.p I. 12.1 j AM Only 'heß*'St r Svndrnm? ».00 Movie Stars: Like Fa
      610 words
    • 326 15 CRYPTIC CROSSWORD m Hb tad ~+x* T- mm ACROSS David s son (7) 1 Looking to make a comment (11) Threatening one minute unde--7 Adam s transgression in Autumn cided next (9) (3 4) 6 Should I meet HM if compara--8 Repairing panties is wise (7) tivelv poor? (7) 10
      326 words

  • Page 16 Advertisements
    • 497 16 Where to wine, dine and entertain.. .Ti»>feg£r ■Offering the lowest interest rate in town ***** Yusheng Promotion per order (24 Jan 19 Feb) Harmony Lobster at $98 Fortune Abalone at $78 Prosperity Salmon at $38 (small) or $58 (large) 'Pntn tabjta m una chmff if ft uai lmJn% GST aa
      497 words
    • 28 16 LataKrfai Jop 10 TO 20 FEBRUARY 2000 QJ RESERVATIONS 831-6258/88 Mantiann yy Singapmr 331 Orchard Ruad Singapore 2 ***** I j T;«»«a TH 717 4411 Fa*: 732 2361
      28 words

  • Page 17 Advertisements
    • 146 17 J I- 1 1 I H I I \X/'i£ v l4v- ;<W 1 f' N b. v wC**' I I I I I I ■■> i W/ol* B I I I I j.'(P*-' '''•i~I v v '.W,% > v '*"T3f? T J'lT- rf-":.- C. -iril< 5-* v V- T &s£■'
      146 words

  • Page 18 Advertisements

  • SHIPPING TIMES
    • 293 19 Bridge News Reuters HOLIDAYS in the Far East reduced FY id ay's activity in the capesize market, although brokers acting on behalf of owners reported fresh inquiry for panamaxes from China and the north Pacific. The US Gulf grain trades saw a lack of prompt stems, possibly due
      Bridge News; Reuters  -  293 words
    • 314 19 sex *000 f*r s$ tm CWT Distribution 1.18 uoch 0 Chuan Hup .0.43 0.04 0 Cosco Investment 1.05 uoch 0 Freight Links 0-27 unch 0 08 Holdings 0.83 -0.01 0 Hal Sun Hup 0.78 uoch 0 IMC HoWlngs-HK —5.60 unch 0 Jaya Holdings 1.21 0.03 0 Juronq Shipyard—«N/A
      314 words
    • 566 19  -  Carrier hopes to eventually do away with physical transfer of documents nn Ann Toh [SINGAPORE] P&O Nedlloyd will embark on an IT-focused drive this year to boost its systems to promote e-com-merce with customers, and eventually do away with the physical transfer of
      566 words
    • 401 19 Class-action suits demand return of tens, if not hundreds, of millions of dollars Bloomberg (MIAMI] Carnival Corps Carnival and Costa cruise lines and NCL Holding ASA's Norwegian Cruise Line face class action lawsuits demanding the return of "tens, if not hundreds, of millions of
      Bloomberg  -  401 words
    • 104 19 (LONDON] In a move (hat may indicate slower growth in the UK cruise market. Direct Holidays, an Airtours subsidiary, has pulled out of cruising, at least for 2000. Customers who have booked Mediterranean cruises on board Royal Olympic Cruises' 1961 built Appollon 1
      104 words
    • 137 19 Reuters [ROTTERDAM) Container shipping group P&O Nedlloyd said it had ordered general purpose and reefer con tainers worth a total of US$B4 million (*****.8 million). The new containers will replace older equipment and expiring leases, the 50-50 joint venture of Dutch Koninklijke Nedlloyd Groep and
      Reuters  -  137 words
    • SHIPPING news
      • 296 20 THE United Kingdom's Maritime and Coastguard Agency (MCA) has banned the use of Italian-made Artica lifejackets. This follows similar action taken by the Norwegian Maritime Directorate in the wake of the Sleipner fast-ferry accident, in which 19 people died last November. The jackets, made
        296 words
      • 551 20  -  US court finds that data, obtained on the Internet, is inherently untrustworthy as evidence Reports by] David Hughes in London THE presiding judge, hearing a personalinjury case brought by a seaman against the alleged owners of the vessel he was working on, has described
        REUTERS  -  551 words
    • 181 20 PACE Djak Lloyd 8 ACL 6 Dongrvama 3 ANl 3 ECl 4 Accord 8 ECUUnt 6 Appenship 5 6 Austral 8 Fooo,,Sw 8 Balaji Shpg 5 6 L jy Gemartrans 6 2 I CCNI 7 C ttk Hansameyer 5 cosco HeungA 4 CSAV 3 7 1 Interasta
      181 words
    • 18946 27 THEBUSINESSTIMES EXPORT E'A E'A Adtertis?.- v»ssei Voyaut T»i»pEon« 'TA 4 Ad.- us* jhic V;vaq» TUffftcw SIN Dwt'n Na.-n* Nam* Hvmbf Nutratr S;N n Nam* NumCf Mu"Of 22/02 CJ/Sj an. AH. EMERALD 2CS To ABIDJAN (ABJ) 2003 Cote D'I voire 22/02 id» o»a aplfv «a i. ;:<+ ***** 6/02
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    • SHIPS IN PORT
      • 327 31 Vessel Voy No Berth Arrival Departure J—I Pwl C Proqrws 07 frt J09 07/02/8:*) 07/02/1500 Kimtransl807 57/99* J16 07/02/9:55 07/02/23:59 C Success 06 FM J09 08/02/9 00 08/02/16 00 Profit 166 FrtOI J06 08/02/9«) 06/02/23:00 If M**Ud 071 J17 06/02/9:00 10/02/10:00 Eastern H«ro 60 J05 08/02/1100 09/02/2300 Km
        327 words
      • 1993 31 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boohing/Balance Rstls Stiip Voy No Etb/Btr Period From To From ACI HIBISCUS 035B 9/23 00 U 07/1500 07/1159 07/1900 07/1500 07/1659 07/1*00 2* 07/1700 08/0459 01/0900 28 07/1700 01/0659 01/0900 ACI SVAM <03* 9/n 00 U 07/1500 07/1459 07/1900 07/1500
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      • 197 31 Feb 19 Thailand: Makha Bucha Day. Mar 16 Indonesia: Hari Raya Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Mar 18 Taiwan: Market Holiday for Pres idential Election. Apr 4 Hongkong:Ching Ming Festival. Apr 20 New Zealand: Market Holiday. Stock Exchange Closes at Noon. Denmark: Maundy Thursday. Apr
        197 words
      • 793 31 THIS report, compiled by Cockett Ma rine 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 average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        793 words
      • 553 31 Carbon 180 Max 990.8 0.8 19.0 0.08 78 0.05 Ft* 3 Density Water Residue Ask Aluminium Sediment No above E25 0 0 21 0 0 0 380 Ave 987.5 0.3 14.6 0.06 33 0.02 Elian 380 Mai 992.0 1.7 18.2 0.09 72 0.06 v/» m/h m/m
        553 words
    • AIR & LAND transport
      • 345 32 But year to March results also depend a lot on aviation fuel prices AFP [MANILA] Philippine Airlines (PAL) said yesterday its profits for the year to March should be "better than expected" after it beat its monthly target for December. Net profit for December
        AFP  -  345 words
      • 98 32 IBRUEHL] A European overnight train hurtled off the tracks and smashed through a garage and into a house at Bruehl station, near Cologne, western Germany, early on Sunday, killing at least six people aboard and injuring more than 100. including about 20 seriously, authorities said.
        REUTERS  -  98 words
      • 602 32 ALASKA AIRLINES CRASH AP [LOS ANGELES] As recovery efforts continued on Sunday at the site of the Alaska Airlines crash off the Ventura coast, federal investigators retrieved the flight data recorder from another Alaska jet that was forced to return to Reno, Nevada,
        AP  -  602 words
      • 162 32 Reuters (CHICAGO] United Airlines said that load factor, a measure of paying passengers in the seats, fell to 64.6 per cent in January from 67.2 per cent a year earlier, as the world's largest airline saw traffic hurt by year 2000 computer concerns
        Reuters  -  162 words
      • 235 32 Reuters [WASHINGTON] The United States said it has reached agreement with Namibia, in south-west Africa, on an "open skies" pact that will allow unrestricted air service between the two countries. US officials said that Namibia, a sparsely-settled country of two million people, has
        Reuters  -  235 words
      • 1854 32 CITY FLIGHT ETA FLIGHT ETO 0f6 1840 LH779 2359 Adelaide BA7381 1930 BA7382 2050 W4579 2359 0F81 1930 0F82 2050 S***** 2359 AN8229 2230 Fukuoka S0989 1540 S0990 0125 "30 Guangzhou S0803 1910 C2354 0910 ***** 2230 CZ351 2045 S0804 1015 Amsterdam KL0843 0525 GA974 0120
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  • Page 19 Advertisements
    • 349 19 People Hutchison Ports (UK) has appointed John Williams as commercial director of its UK port operations. Mr Williams, who has 22 years of experience in the international logistics industry, will be responsible for the commercial development of the Port of Felixstowe, Thamesport and Harwich International Port. London-based CP Ships has
      349 words
    • 179 19 (IS Coast Guard website unreliable: judge, Pg2 ML forecasts better than expected profits, Back Page A SPECIAL FEATURE SHIPPING TIMES 29 FEBRUARY 2000 KEEP YOUR BUSINESS FLYING HIGH If you are in the air freight logistics and related businesses, 29 February 2000 could bring unprecedented opportunities. That's because Shipping Times
      179 words

  • Page 20 Advertisements
    • 750 20 I IMPORT a I 9ULF/IMHAM SMB-COWTWHIff I (SUPER SHUTTLE EXPRESS (SSX) lOULF KARACHI EXPRESS (GKX) WW. I VOT [ZZia S* PKUNG ~VKSa VOY MM UN I KWT I JCA I ONO I CM! IpUANG RT OOQ IRfTAJN 30W502 H/01 06/02 01/07 00a AMERICA 40W503 14/01 13/0? 15/02 PtO IMUOTD ORINOCO
      750 words
    • 758 20 nes services represented by Members of the Registry of jW/ Accredited Shipping Agepts, S pore Notionol Shipping Assoc LILY UNE MALE I VESSEL VOY ETA Ttu ETA P. KLANC SPORE MALE Empress Uly VO2OO 16/02 17/02 26/02 Princess Lily VO2OO 03/03 04/03 13/03 Empress Lily VO3OO 19/03 20/03 29/03 ULY
      758 words
    • 6 20 Members of the Singapore Logistics Association
      6 words

  • Page 21 Advertisements
    • 1149 21 SAX SERVICE (DIRECT) VESSa VQY SMEIA LAX OAK DM HOU Qt CO! MB* <11 NYC tfiawwn 017! 26/01 10/0? 15/02 15/02 15/02 15/0? 15/02 IS/02 16/0? AWSHHB 0171 02/02 17/02 22/02 22/02 22/02 22/02 22/02 22/02 23/02 23/02 WITMQUO6I 017E 09/02 24/02 29/02 29/02 29/02 29/02 29/02 29/02 30/02 30/02
      1,149 words
    • 2001 21 ®Cm«H S*rviu Milfci: HANJIN SHIPPING iik l=-1 iMsMr*lM -MB *****30 SHIPPING (S) PTEtTP Wqw tow IOOtING *****35 737 SAIfS *****74 731 OOCUMIHT *****/1 774 OfHATKHS *****50 7SI mm UHf *****5S MX irmVQ C» WO *****T30Q00** TO NW USA CANADA USA fAMADA* **/*<* ju*l «H UNI HAIH/VOT SU HW IH* I
      2,001 words
    • 79 21 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73/*****63 Email: wgate® mbox2.singnet.com.sg Calcutta jFChlttagong iport lows 120/02 Karachi..r COLOMBO 15/02 Eft u KARACHI/LAHORE 13/02 Bombay h <f Madras BOMBAY 11/02 I i I MADRAS/BANGALORE
      79 words

  • Page 22 Advertisements
    • 1720 22 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA ttSStl WW SIM lEH RTM IMB HMI BBV FLI ttSSil VOY SIN GIT SPt FOS AC MTH HANJM DALIAN OC2BW 04 02 26 02 27 02 24 02 25 02 27 02 lON SINA 0936# 05 02 22 02 24 02 2« 02 20
      1,720 words
    • 1109 22 m. AM MAC-IIELS S'PflftE M'glfl Carrier: MN CONTR LINES, INC p gudang: (07) *****26 MVy VzJ **********0 C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 p KELANG (03) *****77 JKT: (21) *****45 KUCHING (082) *****1-3 BARCELONA EX 'EVER GROUP' V. 0733 ETA
      1,109 words
    • 683 22 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO S PORE N SHEVA COLOMBO PICLAUG TULSIDAS V 1?0 14 FEB 23 FEB 21 FEB M MAR CAPE CREUS V 102W 21 FEB #1 MAR K MAR 11 MAR CAPE CANAVERAL VII9W 28 FEB M MAR 12 MAR It MAR TULSIDAS Vl2l 08 MAR
      683 words

  • Page 23 Advertisements
    • 1848 23 I VESSEL VOY KHH HKG SIN PKC DXB DMM BA BIK IRAN HESABI PCL-140 02/02 04/02 08/02 09/02 19/02 20/02 22/02 24/02 IRAN SHAHRYAR PCL-141 09/02 11/02 15/02 16/02 26/02 27/02 29/02 02/03 IRAN BAABAEI PCL-142 16/02 18/02 22/02 23/02 04/03 05/03 07/03 09/03 IRAN SEESTAN PCL-143 23/02 25/02 29/02
      1,848 words
    • 1003 23 W.E.F. FEB 2000 ACCEPTING CGO TO DAKAR, LAGOS, TIMA t ABIDJAN VIA GENOA I ggM«<*«?■ SMWOHj: MMMWMID TEU J26 1900 MX: *****0J OUTWIIIO (l/l) JOHOftEOfFKE- I SHIPPIM® PTE LTD #12-00 SALES/BKGS *****57/43 INWARD DEPT (D/ 0) *****85 COSTiP ACFUriIC <aai cikil biik VSI/VOT SGP HKG SHA QIN UN VSI/VOT QHI
      1,003 words
    • 960 23 EXPORT IMPORT 24%; 27/02; 28/02: 29/02'01/D3 HJOSIO 007E 20/01 22/01 13^02 TRANSPACIFIC SERVICE EXPORT -KMMCBIOMmMBOZ/O] COMB Ml T/S (Mill MM OIO* Eft MB 02/03 IMPORT Vtssa VOT SW LGt OAX ACCHIBCAOSOISTOt I) SAN FUN- VKStI ~VOT ifii OA* HJ OSIO 0071 *13/02 ;02/03 04/03 HJPOKILAIB 034W 14/01 —t ~/ai 1
      960 words

  • Page 24 Advertisements
    • 1396 24 EUROPE/UK/SCAMDINAVIA/FINLAND/RUSSIA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PHI SGP E. DEVOTE RW-010 12/02 02/03 08/03 06/03 06/03 07/03 M/ 03 E RIGHT RE-042 20,01 22/01 21/01 25/01 IXO2 14/02 E DEVELOP RW-010 1902 09/03 15/03 11/03 13/03 14/03 154)3 E REWARD RE 037 27/01
      1,396 words
    • 977 24 ADVANCE CONTAINER LINES (PTE) LTD I— TEL: *****21, FAX *****19. TELEX RS ***** ACLPL FOR BOOKINGS PLEAS! CALL: *****22 SALES A MARKETING *****2128 OPERATIONS *****6Q/ *****05 CR NO **********0E »AWOKOK I H.IIWM/Wrt JAKAiTA-inmnnwmi VESSa I VOY UN KK VESSEL VOY SJN jjcT KOTA RATNAIPAJ/LCH) RNAI93 8/2 fae 11/2 Fn UAQHE
      977 words
    • 421 24 M TEL OK BLAMGAH ROAD #02-02 CmPORT CENTRE SPORE *****3 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ET* ETD OESTMOTON NMUKWA ®>2000 0M***** 1M***** PH. NMUKMK ObaOD *****0 DC 1&C200C PKL BMJMMUNTIK MMUnm 07 2000 2ME-2SOB *****000 PKL MLN* For enquiries and bookings
      421 words

  • Page 25 Advertisements
    • 400 25 Mfe MYANMA pBHk FIVE STAR LINE Va (Myonmar National Line) Looding for Yongon (Rangoon) vessel vor sin na km pgu SITTWE 91W 04/02 HPA-AN 267W 04/02 MALAYSIA AGENTS: lOUSTUO SHIPPING AGENCIES KUL HI (03)*****00 PKL Til (03) *****01 rtlfc TO (04)*****02 PGU: TEL (07) *****21/4 BANK LINE (A service ef
      400 words
    • 1172 25 HYUNDAI MERCHANT MARINE CO., LTD. IVESSa VOY SIN SOU IfH RTM ANT NAM WV FEL |VESSa VOYISOUI Iffl I tT» 1 iMt ImMl I m l«i HYIARON 324W 10/02 28/02 04/03 01/03 02/03 NOIRIS 01X21/0122/0116/01 H7<jT~ 09/02 NCIIOUTE 018W 11/02 03/03 04/03 27/02 29/02 FUE SS7E 17/01 22/01 19/01 20/01
      1,172 words
    • 1176 25 v&v WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" |VESSfI VOY RAMP HEIGHT I SIN ILK I MAO MIA SAV UI ORF NYC HEW MOB UMOU AHOO4 400 Tons 6.3 M 11/02 10/03 19/03 22/03 24/03 26/03 27/03 29/03 02/04 04/04 TAMPA AHOOS 400 Tons 6.3 M
      1,176 words

  • Page 26 Advertisements
    • 1534 26 PBiB INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL CONTAINER SERVICE v» VOY M, SW HI 1 STP Ma m «t Htt KASUGAI 275 07/07 01/07 14/07 16/01 l»/07 PIO ME) HrStAM 2«~ 01/07 11/07 70/07 77/07 viivorr lis" is/pa 71/07 77/07 71/07 03/03 VttMßUm) 70. 77/07 03/03 05/03 07/03 10/03
      1,534 words



  • Page 29 Advertisements
    • 49 29 FAR EAST EUROPE "®EX\ KYOVVA LINE I Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily FULL CONTAINER EXPRESS SERVICE Wallenius I Turn TO Pg 5 Wilhelmsen New Europe To [g MIDDLE EAST/ S.E. ASIA service China Shipping (S) Agencies Pte Ltd 7 (Barwil)
      49 words


  • Page 31 Advertisements
    • 111 31 Ip: Ja-. Feeling out of your depth; when it comes to aquarium care? Keep afloat with Aquariums, every Saturday in o The Straits Times Classified. cat.s.l The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics
      111 words