The Business Times, 11 February 2000

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Microfilm: NL21769
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85C i SINGAPORE internet: http://business-times.asial.com.sg/ FRIDAY, FEBRUARY 11, 2000
    14 words
  • Article
    Lock icon MARKET SUMMARY
    56 1 □m (-2.02) □BT-OI ***** (-12.62) CISMSCIPUTDEES Ifl 2KLBO (-2.10) ST0C1MASKET INDICES Wednesday Change KLSE OOMP M7J6 +§.74 NIKKEI 19,719.92 -W .75 HANG SENG *****.17 +25.71 SET INDEX 4U.19 -W JAKARTA OOMP +180 MANILA OOMP —2,920.15 -2712 TAIPEI WH 19,067.57 +48.71 SEOUL COMP 966.18. -157 CLSACHINAB doaed AOSTALLORD 5,1715
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  • Article
    Lock icon FINANCE
    75 1 FOBEX BATES us$ s$ US» 1.691 £(US$/SSper£) 1.611 1738 9JW 1.677 DM 1J75 IJH TEN 108.6 LH7* RM im 8446 HKS 7.781 M17 BAHT 17 M 9.046 RUPIAH 7J76 0.983* St to 100 units F8Q0B BATES SINGAPORE* 5.80 KUALA LUMPUR 767 JAKA8EA J9.M BANGKOK J.50 MANILA UN HONGKONG 8.50
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  • Article
    Lock icon Melewar Clob offer papers due out in 10 days
    1023 1  -  But KL official says: CDP can distribute document but nothing will be done From. Eddie Toh in Kuala Lumpur BINTANG Melewar will send its offer document to holders of Malaysian shares formerly traded on Clob International within 10 days but the
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  • Article
    Lock icon En bloc sales: Why some property agents are upset
    635 1  -  l-i Consultants think they are np against stricter USA rule enforcements By: Kalpana Rashiwala [SINGAPORE] Property consultants rushing to submit development applications for their en bloc projects ahead of next month's development charge (DC) revision have expressed frustration at a perceived
    635 words
  • Article
    Lock icon SIAS welcomes CDP decision on Melewar offer
    413 1  -  But it also hardens stance to inclnde option of suing ELSE for not meeting obligations of Sept 1996 agreement By Wong Wei Kong [SINGAPORE] The Securities Investors Association of Singapore (SIAS) yesterday welcomed Bin tang Melewar's announcement that the Central Depository (CDP) of
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  • Page 1 Advertisements
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      Lock icon Page 1 Advertisements Column 1
      169 1 DfgPE Top stories Four top foreign banks outspend five local banks in advertising. Pg 4 SCV plans listing on Nasdaq, SGX within 12 months. Pg 4 Exec Money High venture, high gain. MM 12 Exec Lifestyle -HB H H Trendy togs for tots at non-designer prices, fflf r- 'f4'" -J
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Glasgow calling
        102 2 HERE'S a story from the old days when making a phone call overseas was expensive and done only when absolutely necessary like when you are engaged in a long-distance courtship. A British Telecoms customer tells Grapevine how he was pleasantly surprised 11 years ago when he got an
        102 words
      • Article
        Lock icon Wedding dowry
        111 2 MARRIAGE is also an imagery that comes easily to Larry Ang, the eßusiness general manager of Pacific Internet. Commenting on SembCorp Industries' review of its plans to sell its 42 per cent stake in Pacific Internet, he said it was like a mother reviewing her plans to marry
        111 words
      • Article
        Lock icon Diversifying coverage
        131 2 PROPERTY stocks have been so miserably cast out of favour on the Singapore bourse by the tech mania that some property analysts are seeking to cover other market sectors as well, Grapevine hears. "What to do, got to keep a rice bowl and be useful," said one. "No
        131 words
    • Article, Illustration
      Lock icon JTC to set up logistics hub on Jurong Island
      599 2  -  It will serve the fast-growing petrochemical cluster By. Eugene Low [SINGAPORE] Some 80 hectares of land on Jurong Island have been set aside to develop a logistics hub to serve the island's fast-growing petrochemical cluster, Deputy Prime Minister Lee Hsien Loong
      599 words
    • Article, Illustration
      Lock icon DBS hit by Thai provision concerns
      322 2  -  By I Siow Li Sen [SINGAPORE] DBS Group shares fell yesterday as investors unloaded the stock on concerns of higher provision over its Thai subsidiary. The stock closed 90 cents lower at $21.10, with 12.7 million shares traded. With yesterday's sell-down, DBS has now
      Source: Bloomberg  -  322 words
    • Article
      Lock icon Redas plans one-stop Internet property centre
      470 2  -  KTexclusive Portal will also provide fall range of services for property buyers and sellers By Lilian Ang [SINGAPORE] The Real Estate Developers Association of Singapore (Redas) is muscling in on the Internet fray with plans for a comprehensive property portal by the second half
      470 words
    • Article, Illustration
      Lock icon Boeing chief upbeat on Asian aircraft market
      631 2  -  PEOPLE Singapore could be the site for a new regional office, he says By Conrad Raj SOUTH-EAST ASIA, China and India, continue to be some of the most attractive markets for Boeing commercial aircraft although the recent Asian downturn will make a dent
      CHRIS LOH  -  631 words
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  • HACKER attacks
    • Article, Illustration
      Lock icon Turning up heat on hackers
      872 3 US govt vows to bring Internet vandals to justice; online broker hit as attacks continue for third straight day Reuters, Bloomberg US Attorney-General Janet Reno announced a criminal investigation on Wednesday into the latest wave of hacker attacks on major Internet sites, as law enforcement
      Reuters,; Bloomberg; AFP, AP  -  872 words
    • Article
      Lock icon Web security firms cash in on scare
      385 3 They offer experts, downloads and their services to fight cyber terrorism Reuters [NEW YORK] With top Internet companies shuddering under a wave of hacker attacks, Internet security companies, job-hungry consultants and even insurance companies swooped in on Wednesday to cash in on the
      Reuters  -  385 words
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      Lock icon Page 3 Advertisements Column 1
      106 3 Buy any motorola phone now and LUITI a QJRP° enabled phone! Promotion ends IHarch IS. 2000. *4 BUG IS DGRULitn A GORDON CHAN fliU «30DQ® Isldndeujide screening begins Peb 3 Media Asia films "g fDotorold. Bringing you the W E B WIRES. TO/?OL A This ddrenalineochdrged mouie is loaded luith
      106 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Ads: 4 top foreign banks outspend 5 local banks
      826 4  -  Local bankers say their wide branch network allows them to spend less By 1 Siow Li Sen GOING by media advertising expenditure alone, Singapore's four major full-li-censed foreign banks last year outspent the five local banks, and although this may not
      FILE PHOTO  -  826 words
    • Article, Illustration
      Lock icon Keppel Hitachi Zosen posts net earnings of $31.5m
      574 4  -  Company to embark on geographical expansion, says managing director By' Ven Sreenivasan KEPPEL Hitachi Zosen (KHZ), which was formed last year with the merger of Hitachi Zosen with Keppel Shipyard Pte Ltd and the marine arm of Keppel Marine Industries Ltd, posted
      ARTHUR LEE  -  574 words
    • Article
      Lock icon SCV plans listing on Nasdaq, SGX within 12 months
      469 4  -  exclusive Dnal listing will give owners more value, raise firm's profile By Teh Hooi Ling SINGAPORE Cable Vision (SCV) is planning a dual-list-ing of its shares on Nasdaq in the US and in Singapore within 12 months. Sources said a finance
      469 words
    • Article, Illustration
      Lock icon Property shares burst into action on talk of policy changes
      292 4  -  By Carol Eng PROPERTY stocks burst into action yesterday on rumours of favourable government policy changes after being sidelined for some time now. The All Singapore Property Index rose 33 points or 6 per cent to 606.4 by the close
      Source: Bloomberg  -  292 words
    • Article
      Lock icon Conflicting views make the wrong kind of Splash
      754 4  -  lock siew ruth wong IT all started earlier this year when Puncak Niaga Holdings Bhd, a water concessionaire listed on the Kuala Lumpur Stock Exchange, announced that it was awarded a 20 per cent stake in a 2 billion Malaysian ringgit (*****.8
      754 words
    • Article
      Lock icon Kep Marine seeks new high growth core business
      352 4 LISTED Keppel Marine Industries, armed with over $210 million in cash, is on the lookout for a new high growth core business. And if it does not find a suitable business to acquire, the company will be sold off This was disclosed
      352 words
    • Article, Illustration
      Lock icon Chuan Hup scores 76% jump in interim profit
      515 5  -  It is setting aside up to half its profits for share bnybacks, dividend payouts By' Wong Wei Kong CHUAN Hup Holdings has reported a 76 per cent jump in net profit to $27.3 million for the six months to December, and the
      515 words
    • Article
      Lock icon Second Chance interim net up 87%
      286 5  -  By, Jennifer Lien SECOND Chance Properties yesterday posted an 86.6 per cent jump in interim net profit to $3.5 million, reaping gains from higher gold prices and the leasing of retail space. Turnover for the half year to Dec 31 rose 22.2 per cent
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    • COMPANYBriefs
      • Article
        Lock icon Kian Ho appoints CEO
        81 7 KIAN Ho Bearings said Tan Gwan Him has been appointed executive director and chief executive officer, replacing Wee Piew, who has resigned from both positions. Mr Tan, 36, joined Kian Ho Bearings in 1993 and successfully led the company's initial public offer in late 1995. The
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      • Article
        Lock icon PacNet ties up with Mail.Com of US
        72 7 AP PACIFIC Internet (PacNet) announced yesterday that it teamed up with US firm Mail.Com to provide subscribers with global, Web-based access to e-mail. The service will be free to all of Pacific Internet's 300,000 e-mail account holders. It begins next month, PacNet spokesman
        AP  -  72 words
      • Article
        Lock icon Hiap Seng, Fisher-Rosemount in JV
        144 7 Reuters HIAP Seng Engineering Ltd and US-based plant automation supplier Fisher-Rosemount agreed to set up a joint venture in Singapore yesterday to support their respective operations. Mechanical engineering company Hiap Seng said in a statement it would subscribe to 49 per cent of the issued
        Reuters  -  144 words
    • Article, Illustration
      Lock icon NEL soars 17% to $10.20 on news of US$200m plant buy
      461 7  -  Long-term benefits of deal seen outweighing short-term pressure on bottom line By Jennifer Lien NATSTEEL Electronics (NEL) shares yesterday soared $1.45, or 16.6 per cent, to hit $10.20 following news of its US$2OO million (Ss33B million) purchase of a
      Source: Bloomberg  -  461 words
    • Article
      Lock icon FCC proposes $150m medium term note
      235 7 FIRST Capital Corporation is proposing a $150 million Medium Term Note Programme (MTN) with Citicorp Investment Bank (Singapore) as arranger and dealer. The proceeds from the issue of the notes will be used to finance the purchase of land and/or development costs for residential
      235 words
    • Article
      Lock icon Thakral unit sells Sydney hotel for A$9.8m to Carrington
      293 7  -  Sale part of overall diversification strategy, says Thakral Hldgs MD From Sarinder Singh in Sydney PACIFIC Century Hotels Trust has sold its All Seasons on Crown Hotel in Sydney to the Carrington Group for A 59.75 million (5510.4 million). The trust
      293 words
    • Article
      Lock icon CEI Contract Mfg to launch IPO soon
      236 7 CEI Contract Manufacturing, which has received in-princi-ple approval from the Singapore Exchange (SGX) for a mainboard listing, expects to launch its initial public offer within the next month. It has appointed Vickers Ballas as the manager, under writer and placement agent for its
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  • Page 5 Advertisements
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      Lock icon Page 5 Advertisements Column 1
      411 5 Friday, March 3rd, 2000 Singapore Join The Economist Group's regional analytical team from Beijing, Hong Kong, Singapore and Tokyo for this half-day forum that will provide the best insights to guide your regional business through 2000-2001. When will the US economy cool off and what impact will that have on
      411 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      513 6 Stocks Volume ChuanHup 20c 49,252.000 PCI 25c 29,995,000 Vickers Capital 25c 29,313,000 MMI Hldgs 10c 26,051,000 NOL 21,321,000 CityDev GS CW*****3 20,222,000 Datapulse 5c 13,172,000 SingTel 15c 13,114,000 DBSGrp 12.673,000 *TanChonglnt50c 11,487,000 Stocks S DBSGrp 270.305.044 Nat Elec 10c 96,295,622 PacificCentury 78,801,944 PCI 25c 51,272,490 SPH 41,308,695 SIA 40,726,800 OUB
      513 words
    • Article, Illustration
      Lock icon Late rally in property stocks props up market
      573 6  -  l-l I comment STOCKS r.sivanithy A LATE rally in property stocks lifted spirits in the local stock market yesterday, providing welcome relief to the tedium of mainly technology plays that have marked trading over the past few months. The run in the
      573 words
    • Article, Illustration
      Lock icon Keppel T&T warrant: difficult to make a call
      195 6  -  WARRANT WATCH -By R Sivanithy THE Keppel T&T share and warrant fell yesterday even though the company has reported a 73 per cent rise in group earnings. One reason, of course, is that the stock had already risen sharply since the recent
      195 words
    • Article, Illustration
      Lock icon Vickers Cap may be near resistance
      237 6  -  HOT STOCK -By l Wong Wei Kong SHARES of Vickers Capital continued to rise yesterday, finishing as the session's third most active stock and among the biggest gainers. Vickers Capital shares closed at 88.5 cents, up 12.5 cents or 16 per cent. The stock
      237 words
    • Article, Illustration
      Lock icon Outlook for yen, euro weak as Dow tests key support
      349 6  -  I-iri comment CURRENCIES larry wee THE US dollar fell further in Asian trading yesterday, after poor Treasury auction results pushed up US bond yields on Wednesday, and forced the Dow to test crucial support. The Thai baht and Indonesian rupiah
      Source: Reuters  -  349 words
    • Article
      Lock icon Market Notices
      140 6 ♦Cosco Investments said the company's shareholders' register will close at 5 pm on March 6 to facilitate its 1-in-to-5 stock split. Trading of the new shares of 20 cents par value will begin on Feb 29. ♦Hotel Properties Ltd said First Capital (Overseas) Pte Ltd, a wholly-owned subsidiary
      140 words
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      Lock icon Page 6 Advertisements Column 1
      366 6 Mi NANYANG TECHNOLOGICAL UNIVERSITY I Towards A Knowledge Based Economy I An exciting new curriculum Is Introduced for the Year 2000 A full-time and a part-time programme are offered Jn today's global world economy, information plays a vital role in education, business, and public service. To manage, process and exploit
      366 words
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      Lock icon Page 6 Advertisements Column 2
      24 6 Access to IPO placements. Just one more reason to join DBS investor Online Call us at 323-3955 to find out more 83 DBS BANK
      24 words
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      Lock icon Page 7 Advertisements Column 1
      368 7 Making smart education choices begins with The Straits Times Classified, I m Classifications 703-794: Education/Training ASIA IS FULL OF SURPRISES. SEIZE THE OPPORTUNITIES NOW! CMG FIRST STATE ASIA INNOVATION TECHNOLOGY FUND These days, the 'Made in Asia' label commands both admiration and largest maker of personal computers*. Home to almost
      368 words
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  • SINGAPORE news
    • Article
      Lock icon S'pore to grow 5-6% this year if US economy holds up: SM Lee
      580 8  -  He urges change in system and social mindset to become less risk averse to prepare for future Byi Audrey Tan SINGAPORE'S economy should grow by 5-6 per cent this year if the US economy holds up, said
      580 words
    • Article, Illustration
      Lock icon Work on third petrochem cracker on schedule
      232 8  -  By\ Eugene Low THE construction of Singapore's third petrochemical cracker is on schedule, with the facility expected to begin operations during the fourth quarter this year. ExxonMobil Chemical yesterday marked the successful delivery and installation of four steam cracking furnace modules at the
      AFP  -  232 words
    • Article, Illustration
      Lock icon Volume of job ads rises 73% in Jan
      295 8  -  I=ll=l on the economy jobs liij) Francis Kan THE job market continues to be upbeat in the new year, with the volume of newspaper job advertisements recording a 73 per cent year-on-year rise in January. The latest increase in the Singapore Press
      Source: SPH  -  295 words
    • Article
      Lock icon CPF fund transfer not within control? Try simple solution
      234 8  -  MAILBOX See Leong Kit Singapore I REFER to the reply by the Central Provident Fund Board on loan repayments under the Residential Properties Scheme, "Fund transfer not wholly within CPF's control" (Mailbag, Feb 3). Clearly, the board has undertaken the early
      234 words
    • Article
      Lock icon Why can't UOB accept advance instruction?
      205 8  -  Wu Pei Tong Singapore via Internet RECENTLY, I tried to have my local dollar fixed deposit credited into my savings accounts upon maturity at a local UOB branch and was told that I have to bring the original FD receipt and be at the
      205 words
    • Article
      Lock icon SESAMi, Eastman developing chemical portal
      286 8  -  By< Andrew Wee AN e-commerce portal for the chemical industry Asia's first will be launched next month. Being developed by homegrown e-commerce provider SESAMi.com Pte Ltd and Eastman Chemical Asia Pacific Pte Ltd, the as-yet unnamed portal will provide online equipment procurement services for Eastman's
      286 words
    • Article
      Lock icon EDB poll: more manufacturers optimistic about first half
      347 8  -  Main worry is price competition from overseas competitors By, Jennifer Lien MORE manufacturers are optimistic about the first half of the year, going by the Economic Development Board's most recent business expectations survey. The first-quarter 2000 survey showed a net weighted balance
      347 words
    • Article
      Lock icon No special info for IDA private sector board members
      418 8  -  Market-sensitive news not tabled at meetings, says CEO Byi Catherine Ong THE Infocomm Development Authority of Singapore (IDA) will ensure that the private sector members of its board do not get access to privileged information. IDA chief executive officer Yong Ying-I
      418 words
    • Article
      Lock icon OCBC loses ad agency TBWA to DBS Bank
      306 8  -  By Siow Li Sen DBS Bank has changed advertising agencies dropping Bozell and BBDO in favour of Saatchi Saatchi and TBWA. And the switch has left OCBC Bank high and dry. A DBS spokesman said the new agencies came on board on
      306 words
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  • FOCUS people
    • Article, Illustration
      Lock icon Developing the civil service
      1927 9 The service grew from being like a guerilla army in its early days to today's new generation of officers The following articles, based on an interview former top civil servant Ngiam Tong Dow gave, appear in the January issue of Ethos, a publication of the Civil
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    • Article
      Lock icon Entrepreneurship and the courage to act
      447 9 "ENTREPRENEURSHIP is not something which is abstract to me. Anyone who thinks and acts, and acts more than thinks, is an entrepreneur. The trouble with most of us is that we just think but we never act. But you'll be quite amazed at the
      447 words
    • Article
      Lock icon Foreign talent and the knowledge-based economy
      459 9 "IT'S a natural development from labour intensive to skill intensive, and now to the knowledge-based economy. If you have the knowledge, you can turn what you have into far greater dividends. The knowledge-based economy, in a way, liberates Singapore. In conventional economics there is
      459 words
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      Lock icon Page 9 Advertisements Column 1
      189 9 B [m Oar rm tariaMe Face Thickness kdiwltflf redefinesißß^^ yj| I fe rale ef steel gel dab design. 1M i |Bt By centreing the fan thickness, we're able te create dfe that eptianze energy tranter at for better y VIB trajectory Ml eahanced T Jt ;:> PS' If 1 playabitji
      189 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon It's a race, not a revolution
      834 10  -  riirq I bottom line OPINION leon hadar COVERING the reaction of the Republican establishment to John McCain's impressive win in New Hampshire, one may get the impression that the senator from Arizona is mounting a campaign to challenge the political order and that his
      834 words
    • Article
      Lock icon IN OTHER WORDS
      59 10 'How can you not be in awe of him?' -Hark James an analyst, on Hongkong billionaire Li Ka-shing's ability in just 106 days to earn his latest US$7 billion. The windfall came courtesy of Vodafone A irtouch pic's record U*****.8 billion purchase of Mannesmann AG, in which
      59 words
    • Article
      Lock icon A taxing problem for Batam
      655 10 EDITORIAL POR investors in Batam, so far relatively unscathed by the unrest elsewhere in Indonesia the risk of a spillover of political tensions from other parts of the country remains a lingering worry. But they now find themselves having to grapple with a rather more
      655 words
    • Article, Illustration
      Lock icon There's a colossal lie about global inequality
      1133 10  -  Claim that globalisation widens gap between world's rich and poor not borne out by facts By Martin Wolf FT "I THINK we have to reaffirm unambiguously that open markets and rules-based trade are the best engine we know of to lift living standards,
      FT; AP  -  1,133 words
    • Article, Illustration
      Lock icon COMMENTARY
      734 10 Standard spelling DENG Xiaoping, the late leader of China, is about to arrive in Taiwan. So is Jiang Zemin, China's current president. Well, not in the physical sense, but in written English and other Western languages. For many decades, Taiwan has operated with a different romanisation or spelling system
      734 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon KLCI loses grip on 1,000-level after crossing it briefly
      599 11  -  Decisive breach of the psychological barrier is still likely, say chartists From 1 Diana Oon Abdullah in Kuala Lumpur THE 1,000-point psychological mark proved just a little too much for the Malaysian stock market yesterday as the benchmark Kuala Lumpur Stock
      AFP; Source: Bloomberg  -  599 words
    • Article
      Lock icon Don't borrow to buy shares, says Daim
      67 11 KUALA LUMPUR AFX-Asia FINANCE minister Daim Zainuddin advised investors on the Kuala Lumpur Stock Exchange not to use borrowed funds for investment, Bernama reported. "Don't take loans merely to buy shares. One should only buy when one has extra money and study the
      AFX-Asia  -  67 words
    • Article
      Lock icon Star Cruises' takeover of NCL boosts Lim family's leisure empire
      644 11 KUALA LUMPUR PAS victory in Terenggann was pivotal, say sources Reuters STAR Cruises pic has emerged as one of Malaysia's most global companies with a takeover of Norway's NCL Holding ASA which could boost earnings for tycoon Lim Goh Tong's
      Reuters  -  644 words
    • Article, Illustration
      Lock icon Top Malaysian glove maker WRP to expand
      573 11  -  It aims to be listed in next 2 years bnt has not decided on venne From. Eddie Toh in Kuala Lumpur WRP Asia Pacific, formerly known as Wembley Rubber Products, has finally put its troubled past behind and the Malaysian company is set
      573 words
    • Article
      Lock icon Shell to restart cracker after 10-day shutdown
      155 11 KUALA LUMPUR Reuters MALAYSIA'S Shell Refining Company (FOM) Bhd, a unit of the Royal Dutch/Shell Group, will restart its long residue catalytic cracker yesterday after a 10-day shutdown, a company official said. The 42,000 barrel per day catalytic cracking unit in Port Dickson
      Reuters  -  155 words
    • MARKET moves
      • Article
        Lock icon Pan M'sian up on lifting of restrictions
        72 11 SHARES of listed finance group Pan Malaysian Holdings, formerly Pengkalen Holdings, rose yesterday following an announcement that trading restrictions imposed on the group's securities house since 1998 had been lifted by the Securities Commission. Pan Malaysian was up 3 sen to 1.32 Malaysian
        72 words
      • Article
        Lock icon SCB active on higher valuation
        120 11 SCB Developments, the property development arm of plantation group Boustead Holdings, saw a rare buying flurry yesterday, after a local house pegged the counter's value at over RMB based on revised net asset value. The new valuation was based on SCB's plan to launch a
        120 words
      • Article
        Lock icon Pensonic surges on Internet news
        135 11  -  Compiled by 1 Diana Oon Abdullah PENSONIC shares shot up by RM1.15, or more than 18 per cent, after the consumer electrical company announced its intention to join the Internet race. The company will enter the "higher-end" marketing trend of the future through a joint
        135 words
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      80 11 Authentic U TEOCHEW El Raw Fish. IfH A Fresh Approach To WjljlM Tossing Up Luck. I^BI 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
      80 words
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  • SOUTH east asia
    • Article
      Lock icon APP's Indah Kiat seeks US$400m loan
      516 12 HONGKONG It'll be one of the biggest Indon loans since crisis Bloomberg PT INDAH Kiat Pulp Paper Corp Tbk, a unit of Asia Pulp Paper Co Ltd, is seeking to raise as much as US$4OO million (*****.4 million) from banks in one of the
      Bloomberg  -  516 words
    • Article, Illustration
      Lock icon Suharto named as suspect in graft probe
      374 12 But his lawyers say he may not be well enough to be questioned Reuters [JAKARTA] The Indonesian attorney-general's office yesterday declared former President Suharto a suspect in a probe into alleged corruption at charities he controlled, but his lawyers said he might be
      Reuters; FILE PHOTO  -  374 words
    • Article
      Lock icon Fast food pioneer gives up Pizza Hut, launches own brand
      314 12 BANGKOK AP THE pioneer of American fast food in Thailand ended a "pizza war" yesterday, launching his own chain after giving up the Pizza Hut franchise in a protracted legal wrangle with the brand owner. The newly named The Pizza
      AP  -  314 words
    • Article
      Lock icon BOT delays naming banks' buyers
      113 13 BANGKOK Bloomberg THAILAND'S central bank said it would delay naming buyers for Bangkok Metropolitan Bank Pel and Siam City Bank Pel another three months to June, as it needs more time to study bids and negotiate prices. The bidders' proposals "are significantly different", said Tarisa
      Bloomberg  -  113 words
    • Article, Illustration
      Lock icon Jakarta, Seoul set to restart Indon car
      444 13 SEOUL Project will go ahead if it doesn't violate WTO rules, says 6ns Dm* AFX-Asia, AFP INDONESIA and South Korea have agreed in principle to revive Jakarta's defunct national car project, President Abdurrahman Wahid said. However, he added, many details need to be
      AFX-Asia,; AFP; AP, FILE PHOTO  -  444 words
    • Article
      Lock icon Indon recovery remains fragile, say economists
      296 13 JAKARTA AFX-Asia INDONESIA'S economy and business confidence has started to improve, but the recovery "remained fragile", Danareksa Securities economist Raden Pardede said. Releasing Danareksa's business confidence survey report, he said the recent breakdown of government policy-making processes "should raise concern". "There is too much
      AFX-Asia  -  296 words
    • NOTEBook
      • Article
        Lock icon CP Foods to issue bonds
        64 13 Bloomberg [BANGKOK] Charoen Pokphand Foods Pel, South-east Asia's largest producer of animal feed, said it would sell up to 7 billion baht (*****.9 million) worth of bonds on March 9 to help repay foreign debt CP Foods said in December it would probably fund settlement
        Bloomberg  -  64 words
      • Article
        Lock icon Riau plans to take over oil field
        62 13 AFX Asia [JAKARTA] A provincial Indonesian Parliament backed a plan to take over management of an oil field now run by PT Caltex Pacific Indonesia, the state Antara news agency reported. Antara said the regional assembly in Riau on Sumatra island, had approved
        AFX Asia  -  62 words
      • Article, Illustration
        Lock icon A smashing show
        51 13 AP [BANGKOK] Police destroyed mountains of counterfeit and pirated products yesterday ahead of a major UN trade conference to show the government's commitment to respecting intellectual property rights. Some 3,500 fake designer watches and 136,000 video and music cassettes and CDs were ground to bits in Bangkok.
        AP  -  51 words
      • Article
        Lock icon TPI withdrawing its objection
        61 13 AFX-Asia [BANGKOK] Thai Petrochemical Industry Pic has filed an official petition seeking to withdraw its objection to its restructuring plan, the Central Bankruptcy Court said. The company filed its original objection with the court on Tuesday. TPI stated in its petition that there were mistakes in
        AFX-Asia  -  61 words
      • Article
        Lock icon Ibra plans for Bank Niaga
        58 13 Bloomberg [JAKARTA] PT Bank Niaga, a private bank taken over by the Indonesian Bank Restructuring Agency last year, will be recapitalised in March and then sold, said Ibra chairman Cacuk Sudarijanto. In Bank Niaga's case, the agency has lined up four potential buyers, three of
        Bloomberg  -  58 words
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      43 12 'Ma.' ggA-?'•/. ,1 f»• r s More peopie are reading. According to an independent survey, readership of Singapore's daily newspapers increased in 1999 over the previous year. By 5% for the English .'inl Chinese dailies, and 6.8°0 for the Malay daily. Proving 1
      43 words
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      63 13 r '-lv 'J6fe &r fe? ®n.3p^^ »°'i' r TffijhV.- 3® J"ft?J-'-l flHBkiM ?i i~ sIiSSE***" ?P"' r* T **S§? *V- -:^gt|| .'> v --v- "„^.4-*: j p JM Singapore More people are reading. Holdings e previous year. By 5% for the English ami Chinese dailies, and 6.8% for the Malay
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  • EAST asia
    • Article
      Lock icon US listing doesn't always pay off for China firms
      410 14 BEIJING US investors burnt by some China deals, market said to be more selective FT BAOSHAN Iron and Steel, in common with nearly all the latest batch of Chinese privatisations, is planning to woo US investors through a dual listing on
      FT  -  410 words
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      Lock icon Taiwan's chip houses riding high
      601 14  -  But manufacturing capacity crunch could hit bottom line: analysts From) Macabe Keliher in Taipei THREE of Taiwan's leading chip design houses posted improved financial gains in 1999 on booming electronics markets worldwide. Although company forecasts are strong for this year, analysts caution that manufacturing capacity
      AP  -  601 words
    • Article
      Lock icon China Prosperity to invest US$100m
      238 14 HONGKONG It is expanding its broadband network in Fujian, Sichuan Bloomberg CHINA Prosperity Holdings Ltd, which has risen 76-fold in value over the past 12 months, said it will invest more than US$lOO million (Ssl7o million) in its planned China broadband network, including joint ventures
      Bloomberg  -  238 words
    • Article
      Lock icon China Everbright Tech to raise HK$109m
      168 14 HONGKONG Reuters CHINA Everbright Technology Ltd said yesterday it would issue 74 million new shares at HK$l.5l per share to raise about HK$lOB.7 million (5523.6 million) to finance electronic com-merce-related business. Kenco Investments Ltd will subscribe for the new shares. In turn, Kenco will
      Reuters  -  168 words
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      Lock icon Citic Pacific to raise HK$3.2b in share sale
      144 14 HONGKONG Bloomberg CITIC Pacific Ltd, the Hongkong unit of China's largest investment firm, is raising HK53.23 billion (*****.9 million) through a share sale to pay for the Chinese telecommunications businesses it acquired from its parent last month, said the banker arranging the
      Bloomberg  -  144 words
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      Lock icon HK banks seen raising rates by ¼ pt
      422 14 HK banks seen raising rates by pt HONGKONG Meeting to be held today; lenders expected to go back to tracking Fed moves Bloomberg HONGKONG banks will likely follow the US Federal Reserve's lead and raise interest rates by a quarter point today, a move which will increase deposit costs and
      Bloomberg  -  422 words
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      618 14 liyiV.V.fJl Hitachi Zosen I Keppel Hitachi Zosen Limited I (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 The Directors of Keppel Hitachi Zosen Limited advise the following unaudited results of the Company and of the Group for the year ended 31 December
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  • SOUTH asia
    • Article
      Lock icon Systems America may be first US firm to list in India
      352 15 NEWDELHI Bloomberg SYSTEMS America Inc, a software developer that helps companies manage their operations and do business over the Internet, may become the first US-based company to sell its shares in India. Going against the rush of Indian software
      Bloomberg  -  352 words
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      Lock icon Cleaning up the view
      40 15 [NEW DELHI] A worker carrying garbage as she cleans the Presidential Palace's Mughal gardens yesterday, two days before they are openfor public viewing. The gardens are open to the public every year for one month. AFP
      AFP  -  40 words
    • Article
      Lock icon Indian share valuations seen as not excessive
      320 15 BOMBAY Reuters VALUATIONS in the Indian market have risen, but they are not excessive since the government plans to set its fiscal house in order, leaving scope for the market to go up further, a leading fund manager said yesterday. "Valuations are not
      Reuters  -  320 words
    • Article
      Lock icon Pakistan's Hubco shares set for selldown
      194 15 ■KARACHI Reuters A FALL in half-year profits for Hub Power Co Ltd (Hubco) was likely to trigger selling in its shares yesterday, said analysts, who had predicted a boost in profits. "It should be negative for the market. I am a little surprised," said
      Reuters  -  194 words
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      Lock icon India eases controls on foreign borrowing, infrastructure finance
      513 15 NEWDELHI Companies allowed to meet external debt service payments in rupees or foreign currency Reuters INDIA eased several restrictions on foreign commercial borrowing on Wednesday, widening the avenue for infrastructure finance and marking a further step in liberalising the economy, analysts said.
      Reuters  -  513 words
    • Article
      Lock icon India's Geometric Software IPO more than 100x oversubscribed
      173 15 ■BOMBAY Reuters INDIA'S Geometric Software Solutions Co. Ltd said yesterday its initial public offering (IPO) of equity shares was oversubscribed by over 100 times. "Geometric has received over 230,000 applications for more than 130 million shares, resulting in the offer being oversubscribed
      Reuters  -  173 words
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      528 15 Marine Industries Keppel Marine Industries Limited (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 The Directors of Keppel Marine Industries Limited advise the following unaudited results of the Company and the Group for the year ended 31 December 1999 COMPANY GROUP 1999
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  • CLOB saga
    • Article, Illustration
      Lock icon Bintang Melewar outlines Clob offer
      912 16 Thefollowing is a statement issued by Bintang Melewar Sdn Bhd yesterday to holders of Malaysian shares formerly traded on Clob International: BINTANG Melewar has submitted its proposal to the Central Depository Pte Ltd (CDP) of Singapore and CDP has indicated that it has no objections
      FILE PHOTO  -  912 words
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      143 16 The Legend Lives On. 1 r Beautiful by nature: A /1 The °ew Mark XV has a ***** calibre movement and a slightly larger case than its predecessor. FIRST ROUND Jj|t HE WORLD Soft-iron inner case for protection against magnetic fields, J I water-resistance to 60 m and protection against
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      138 16 i >1 THE WORLD S LEADING rT OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS S '975 o v; or lav. .de s*a?' of o-.e r 275 muit.-d.soDi"'ed-pro < e<s.onals nood-rg M lasers bartered accosts. bartered secretaries ana bakers p r o-. >ded /^B co'n^de'Hia 1 a'".d :cs* ve co" oa'v, ''S
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  • WORLD news
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      Lock icon BOE ups rates for 4th time in 6 months to 6% as expected
      647 17  -  Move aimed at countering inflation which rose for 3rd straight month to 2.2% in Dec From i Neil Behrmann in London THE Bank of England (BOE) has raised interest rates to 6 per cent from 5.75 per
      647 words
    • Article
      Lock icon Vodafone secures control of Mannesmann with 60.3% stake
      351 17 LONDON Bloomberg VODAFONE Air Touch Pic said it secured 60.3 per cent of Mannesmann AG shares, gaining control of the German company six days after Mannesmann agreed to Vodafone's US$lB9 billion (*****.5 billion) stock and assumeddebt takeover offer. The world's biggest wire-less-phone
      Bloomberg  -  351 words
    • WORLDWatch
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        Lock icon Sholl 4th-qtr earnings soar
        37 17 Reuters [LONDON] OU giant Royal Dutch/SheU Group said yesterday fourth-quarter 1999 adjusted current cost net income rose 173 per cent to U552,235 billion (Ss3.B billion) thanks to more than doubled crude oil prices.—Reuters
        Reuters  -  37 words
      • Article
        Lock icon Seagram outdoes expectations
        58 17 Reuters [MONTREAL] Seagram Co beat street estimates yesterday with a second-quarter profit that rose as strong contributions from its music, recreation, and drinks businesses largely offset a smaller loss at its improving Universal film unit. Its reported net income for the second quarter ended Dec 31 was
        Reuters  -  58 words
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        Lock icon MCI WorldCom profit nearly triples
        64 17 Reuters [NEW YORK] MCI World Com Inc said yesterday its fourth-quarter profits nearly tripled, beating Wall Street expectations, amid strong growth in its data, Internet and international operations. Its fourth-quarter net income was US$l.3 billion (552.2 billion), or 44 US cents a share, compared with
        Reuters  -  64 words
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        Lock icon Pharmacia & Upjohn's earnings up 11%
        40 17 Pharmacia Upjohn's earnings up 11% Reuters [NEW YORK] Pharmacia Upjohn's (P&U) fourth-quarter operating earnings rose 11 per cent, matching Wall Street expectations, on growth of key drugs. Its profits rose to US$26l million (*****.1 million) from US$235 million previously. Reuters
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      • Article
        Lock icon Painkiller booster shot for Monsanto
        40 17 Bloomberg [ST LOUIS] Monsanto Co reported profit from operations more than quadrupled on higher sales of its arthritis painkiller Celebrex. Monsanto said profit from operations rose to US$ll5 million (*****.4 million) from US$27 million previously.—Bloomberg
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        Lock icon Sears buyer won't bid for M&S
        55 17 Bloomberg [LONDON] Philip Green, an entrepreneur who last year bought Sears Pic, said he will not bid for Marks Spencer Pic (M&S), leaving the UK's largest clothing retailer to go it alone to revive falling profit. The stock has fallen by a third in
        Bloomberg  -  55 words
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        Lock icon Lower profits for Viag last year
        54 17 AFP [MUNICH] Viag of Germany said that 1999 pre-tax profit and sales fell in line with expectations and it would pay an unchanged dividend to shareholders. Pre-tax profit fell by 18 per cent to 1.33 billion euros (552.2 billion) in 1999 from 1.59 billion
        AFP  -  54 words
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      Lock icon Three Kings in Berlin
      66 17 [BERLIN] US actor George Clooney (right) and abactors US rapper Ice Cube (centre) and British actor Mark Wahlberg posing in front of the logo of the International Film Festival Berlinale yesterday. Clooney and his fellow actors are in Berlin to promote their latest movie Three Kings
      REUTERS  -  66 words
    • Article
      Lock icon Futures laws revamp needed: Greenspan
      210 17 m WASHINGTON Reuters FEDERAL Reserve chairman Alan Greenspan warned yesterday that time was running out for Congress to overhaul US futures laws and prevent the loss of lucrative markets to foreign competitors. "Rapid changes in communications technology portend that time is running out for us
      Reuters  -  210 words
    • Article
      Lock icon US expansion could last another 10 years: Lehman Brothers
      450 17  -  Internet's huge impact can sustain the economy Reportsby Vikram Khanna THE impact of the Internet will be bigger than that of the industrial revolution and could help sustain the US economic expansion for at least another decade, the chief US economist
      450 words
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      Lock icon Japan, Asia still face challenges
      423 17 ALTHOUGH the worst is over for the Japanese economy, the recovery there is "fragile, hesitant and uneven," with many risks clouding the picture, according to Lehman Brothers' chief economist for Asia. Russell Jones said that other Asian economies also face challenges. Following their quick recovery
      423 words
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      Lock icon Fischer likely to take interim helm at IMF
      306 17 WASHINGTON Bloomberg STANLEY Fischer, the No 2 International Monetary Fund official, likely will take the helm of the lender next week because the world's richest countries haven't yet agreed on who will replace his departing boss. Under fund rules, Mr Fischer would
      Bloomberg  -  306 words
    • Article
      Lock icon EU chief Prodi pushes for 'Europe's decade'
      676 17  -  He onveils five-year strategy, sets upbeat agenda for 15-nation bloc From Shada Islam in Brussels THE European Union's executive commission has unveiled an ambitious strategy for shaping a strong and politically united Europe, shrugging off both continuing tensions with the new coalition government
      676 words
    • Article
      Lock icon Coca-Cola Amatil posts H2 gain of A$100m
      246 18 SYDNEY Bloomberg COCA-COLA Amatil Ltd, the largest Coke bottler in the Asia Pacific, posted better-than-expected steady second-half earnings as it made more profits from Australia, offsetting a slump in the Philippines. The Sydney-based company, 37 per cent owned by Atlanta-based Coca-Cola Co, reported
      Bloomberg  -  246 words
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      Lock icon Bank of Scotland bows out of the battle for NatWest
      532 18 LONDON More shareholders desert Nat West in favour of Royal Bank of Scotland Reuters BANK of Scotland yesterday conceded defeat in its marathon bid battle for control of National Westminster Bank Pic, handing near certain victory to its rival Royal
      Reuters  -  532 words
    • Article
      Lock icon SEC may make companies open IPO roadshows to small investors
      305 18 WASHINGTON One way is to broadcast them on the Net Bloomberg THE Securities and Exchange Commission may require companies to open their presentations about initial public offerings to individual investors, SEC Commissioner Laura Unger said on Wednesday. The SEC staff
      Bloomberg  -  305 words
    • Article
      Lock icon News Corp to unlock value of its media assets
      351 18 SYDNEY It an veils lower Q2 profit of As394m in line with forecasts Reuters RUPERT Murdoch's News Corp Ltd said yesterday it would continue efforts to unlock the value of its globed media assets, after it unveiled a lower second quarter
      Reuters  -  351 words
    • Article
      Lock icon IBM unveils its first 'copper' supercomputer
      173 18 ARMONK, New York Bloomberg INTERNATIONAL Business Machines Corp, the No 1 computer maker, unveiled its first supercomputer powered by copper microprocessors that can perform simulations and analyse data for research. The quarter-mile of copper wiring contained in each of the supercomputer's chips moves information
      Bloomberg  -  173 words
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      1246 18 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FIRST OVERSEAS BANGKOK INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting
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      357 18 M THE MATTER OF THE COMPAMES ACT (CHAPTER SO) AND M THE MATTER OF WYWY WIRELESS NETWORK PRIVATE UNITED (In Members' Voluntary Liquidation) At ar Extraordinary General Meeting of tie abovenamed company duly convenod and held at 101-A Upper Cross Street, #11-22 People's Parte Centre. Singapore *****8 on Tuesday the
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      288 18 In ta »—■r crfTlM Cuiigwhi ActCy.il ■ares- wumvmmv At an EAUauubnary GeneralMasßng of ta Mitel of the temMd Company &dy corwerw) and Md or 2t» (toy al January 2000 ta tin— hj Special Readubora am deemed passed pursuant to Section 179(6) of the Companea Act Cap SO SPECIAL RESOLUTION RESOLVED
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  • FINANCE & commodities
    • Article
      Lock icon Futures end weaker in volatile trading
      253 19  -  SGX Derivatives TraAinglleporte MS& Singapore Index Daphne Tay Jardine Fleming INDIFFERENT to Wall Street's overnight plunge, the Singapore stock market recouped intra-day losses to close marginally lower yesterday. Investors continued to shun banking counters in favour of technology issues. Property counters sprang to life
      253 words
    • Article
      Lock icon Feb futures slip just 0.5 point
      154 19  -  MSCI Taiwan fixtures Lee Shu Weng Refco Singapore HEAVY foreign fund buying, particularly in electronic shares, in anticipation of a further rally saw Taiwan's share market holding above the 10,000 point level despite overnight weakness in the US market. Some light profit-taking was seen
      154 words
    • Article
      Lock icon Oil returns to 9-year highs as dealers fret over Opec options
      235 19 ENERGY REPORT Reuters [LONDON] World oil prices tiptoed back to nine-year highs yesterday as dealers awaited fresh signals from producers on their next likely step on export policy. Brent crude futures by mid-day in London rose 12 cents to
      Reuters  -  235 words
    • Article
      Lock icon CURRENCY REPORT
      324 19 Reuters London THE euro slackened against the US dollar and sterling yesterday, jostled out of the day's ranges by a quarter point rise in British interest rates. The 25 basis point rise in the British repo rate to 6 per cent was largely expected but it offered dealers
      Reuters  -  324 words
    • Article, Illustration
      Lock icon Untitled
      1300 19 PtTERBAMK CROSS RATES Febw A$ C$ BnH) Euro Ftr Dm HK$ Ind »s Ruptah Ytn Won EM WZ$ Pat ft Peso S$ Rud Sfr WTS BUt Pound US$ Australia 0.915 6.178 0.638 4.185 1.248 4.924 27.*****.040 0.687 7.091 2.405 1.285 32.810 25.558 1070 4.030 1.026 19.375 23.643 0.392 0.633 Canada
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      Lock icon Untitled
      1950 19 SICOll FUTURES Feb 10 RUBBER (futures closing as at 5.30pm) RSS t CONTRACTS centsAg) Close VotWM Open Month High Low Sttt (tows) Interest Mar 00 126.25 126.00 300 600 Apr 00 130.00 300 May 00 132.50 300 Jun 00 135.00 300 RSS 3 CONTRACT (US cants/kg) Volume Open Month High
      1,950 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng edges up in cautious trade
      2853 20 HONGKONG AFP, Bloomberg PlHangSeng +25.71 HONGKONG share prices rose 0.2 per cent yesterday in cautious trade after an early slide following sharp overnight falls on Wall Street, dealers said. "Investors continued to chase individual stocks" such as Cheung Kong and Hutchison Whampoa, said
      AFP,; Bloomberg  -  2,853 words
    • Article
      Lock icon TAIPEI
      355 20 AFP HWP Index *4&W TAIWAN share prices closed 0.5 per cent higher yesterday on strong buying of stocks in traditional manufacturing sectors and amid government support in the market, dealers said. The Taiwan Stock Exchange Weighted Price Index moved up 48.79 points to 10,057.67. "The market was fuelled by
      AFP  -  355 words
    • Article
      Lock icon Sony leads Nikkei's fall
      2019 20 TOKYO AFP Q Nikkei 225 -217.75 JAPAN'S Nikkei 225 Stock Average fell from a two-and-a-half year high, led by Sony Corp after the company said some games for its best-selling Play Station video game console may not work properly on the new version. Sony was the
      AFP  -  2,019 words
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      26 20 I Business Tools Just imagine life without them. B«yk.sait.fwk. ■■■H deSicJous VW j| Jmm I "jFtod W iimSm Hi every Monday in The New Paper Faetade.
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  • STOCKS klse
    • Article
      Lock icon Untitled
      9023 21 INDUSTRIALS COBSBBiOC pf Qd liC t J 2000 Last Vol Day Net Cap High Low Company Sal* '000 High Low P/C $mll 396 310 Ajinomoto 390 K) 22 396 380 24.7 158.1 130 91 Angkasa 119 12 429 130 106 175.5 444 290 Apollo Food Hlg 410 -18 61 424
      9,023 words
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      Lock icon Buying by small investors supports index
      441 21 AFP H Composite Index +5.74 MALAYSIAN shares closed higher yesterday in volatile trade, with interest by small investors offsetting the effect of Wall Street's sharp overnight fall. The Kuala Lumpur Stock Exchange Composite Index ended up 5.74 points, or 0.6 per cent, at 997.59.
      AFP  -  441 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3389 22 BONDS WARRANTS mw •t mt, M u*n U IM Lot M MM tn CM Uar Mw hub N# Law SO. M> rww Lew tey «a— W 1—sHaMa Ma m> taartag IjH 104 iols 3160 "Acer W*****1USS 43 unch 83 43.5 43 43 43.5 33.1 1 156 72 2.70 17 80
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      Lock icon BANGKOK
      791 22 AFP □set Index -192 THAI share prices closed 0.6 per cent lower yesterday but off their lows on renewed buying, mainly in telecommunications, after sharp gains in Telecom Asia, dealers said. The Stock Exchange of Thailand (SET) Index closed down 2.92 points at 453.10. The select SET 50 Index
      AFP  -  791 words
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      Lock icon MANILA
      283 22 AFP P Composite Index -27J2 PHILIPPINE shares fell 1.3 per cent yesterday on profittaking and the effects of a steep fall on Wall Street overnight, analysts said. The Philippine Stock Exchange Composite fell 27.12 points to 2,020.15. Volume declined to 2 billion shares worth 3.5 billion pesos. —AFP F«»IO
      AFP  -  283 words
    • Article
      Lock icon WELLINGTON
      274 22 AFP □IgSE-40 -&M NEW Zealand shares closed 0.4 per cent weaker yesterday on very heavy volume although brokers doubted whether some of the reported turnover was genuine activity. Total turnover was reported at NZ5214.4 million. The NZSE-40 Index closed off 8.94 at 2,029.30. —AFP FMM (000) Advantage HDS 3.56
      AFP  -  274 words
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      Lock icon SYDNEY
      603 22 AFP |H| An Ordinaries *3&5 AUSTRALIAN shares gained 1.3 per cent yesterday for a record close, fuelled by a surging media sector and gains by Telstra, brokers said. The Australian Stock Exchange's key All Ordinaries Index rose 38.5 points to 3,172.5. Turnover totalled 1.1 billion shares worth A 53.2
      AFP  -  603 words
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      Lock icon JAKARTA
      662 22 AFP Composite Index +&80 INDONESIAN share prices closed 1.1 per cent higher yesterday as Astra International rebounded amid easing concerns about any future rights issue, dealers said. Buying interest in Telkom ahead of its results also led the market higher, they added. Bakrie Securities dealer Denny Riyadi said the
      AFP  -  662 words
    • Article
      Lock icon SEOUL
      301 22 AFP Q Composite Index -9JJ7 THE Korea Stock Exchange Composite Index yesterday closed down 9.87 points at 966.18. Volume was 249 million shares, worth 4.3 trillion won.—AFP AnamSami 9120 -480 Brain Tact! 1650 -85 Cantral Bank— 2960 -295 CMCaom ****** -WOO Dm Cu Bank—— 2990 -50 Daasanq Carp 3380
      AFP  -  301 words
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  • Article
    Lock icon STOCK sgx
    9005 23 SGX MAZMBOARD Transaction date: Feb 10 Or Of M Wt 52-Wk Last Vol Day Last Quota Dlv Dlv VM Net Cap Ar« High Low St No Company Sato COOP) High Low Buyor Sotlof H Cw P/l JmlMPrteo MULTI-INDUSTRY t82 69 m c 1000 Acma 50c 137 -3 233
    9,005 words
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      72 23 L'elegance du temps depuis 1832 Jkf Conquest VHP Perpetual Blg. jfeS- a Very High Precision quartz movement jjv M //< /> > 7 1 f Perpetual Calendar until ?100 y I J G\si I~y I l/l Csl[ 10 years power reserve /T 200 m Distributor Main Service THE SWATCH GROUP
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  • ON THE move
    • Article, Illustration
      Lock icon From engineer to head of FJB Multimedia
      988 24  -  Lee Seng Chee sees each of his career moves as an exciting chapter, reports urn su Amr LING SU ANN LEE Seng Chee has a passion for technology and change. Throughout his media career, he has been at the forefront of cutting-edge technology.
      988 words
    • SHORTNotice
      • Article
        Lock icon WEE EE LIM, Haw Par Corn
        73 24 LISTED healthcare and lifestyle group Haw Par Corporation has promoted Wee Ee Lim to deputy president from group general manager and assistant to the president. It also said that subsidiary Haw Par Healthcare has appointed Ling Ming Chuan, its general manager for East Asia,
        73 words
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        Lock icon KELVIN ANG, TCS
        104 24 Television Corporation of Singapore has appointed Melvin Ang its vice-president for airtime sales and marketing and Anthony Gan, its vice-president for business development. Mr Ang, previously the vice-president of business development, was described as having been "instrumental in the vttino nn nf Phunnpl News Asia". He also
        104 words
      • Article
        Lock icon JEANNE NG, Newman & Goh
        55 24 JEANNE NG, Newman Goh Newman Goh Property Consultants has opened an auctions department and put Jeanne Ng, whom it hired from Colliers Jardine, in charge. Ms Ng, an honours graduate in estate management from the National University of Singapore, will also head the estate agency of Newgoh Real Estate, an
        55 words
      • Article
        Lock icon CHUNG MAK, Cathay Pacific Airways
        114 24 Hongkonger Chung Mak has replaced Angus Barclay as Cathay Pacific Airways' country manager ft* Singapore. The holder of a Master's degree in transportation engineering from the Massachusetts Institute of Technology, Mr Mak joined Cathay's airline planning department in Hongkong In 1992. Four years later, ha
        114 words
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      163 24 Created with Perfectionists ssTaa ultimate IN mind Air Chair^^^H shoulder blades lower back hips thighs knees For a soothing massage with a difference 12 special patented air bags simulating various massage techniques. Featuring innovative rhythmic wavelet air massage. J Incorporating "ACTIVE" "LEISURE" mode. B m BMG speakers. Fully automatic one
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      4 24 OTOI With J BODVCARE
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  • EXECUTIVELifestyle
    • Article, Illustration
      Lock icon Kiddie cool
      2553 25  -  Trendy togs for tots at non-designer prices The hippest kids in town aren't necessarily all decked out in OshKosh B'Gosh or Armani Junior. Local designers are moving into what's obviously a niche market for chic children's wear. COBDmE BERK reports COVER STORY CORINNE KERK IN the children's fashion
      ARTHUR LEE; SIEW YAW HOONG  -  2,553 words
    • VIEWPOINT
      • Article
        Lock icon That weird little feeling between the sexes
        814 26  -  ■•lad the cuff Sniff at Valentine's Day all yon like, bnt it does serve to remind conples of how little they do the rest of the year to celebrate their so-called love jaime ee I ALMOST forgot that Valentine's Day was around the
        814 words
      • STRAWS In The Wind
        • Article
          Lock icon Miss the eight and it's too late
          58 26 TALK about superstition. A local bank sent an invitation to its Chinese New Year's dinner with the following programme: The event will start at precisely 6.38pm, the dragon dance at B.oBpm and the tossing oiyusheng at B.lBpm. Woe betide the dragon dance troupe
          58 words
        • Article
          Lock icon No more obstacles
          55 26 HERE'S one course that we're not sure we want to take up: Seen on a banner outside a community centre was this course "Get rid of stage fright and stumbling block". Now stage fright we can understand, but does getting rid of the stumbling block in your
          55 words
        • Article
          Lock icon Virtual progeny
          57 26 WANT a Dragon baby but don't want to get pregnant? Then grab this latest sales gimmick from a local computer company. It's holding an IT Dragon contest at Funan Centre where if you buy some anti-virus software you get a limited edition "Dragon Baby" software. And no, it's
          57 words
        • Article
          Lock icon Small but smart
          52 26 WORDS of wisdom from children: Never trust a dog to watch your food. Puppies still have bad breath after eating a tic-tac. You can't hide a piece of broccoli in a glass of milk. When your Dad is mad and asks you: 'Do I look stupid?", don't
          52 words
    • MOTORING
      • Article, Illustration
        Lock icon Is life a journey or a destination?
        1133 27  -  To address this metaphysical question, Christopher tam drives a pair of the latest two-litres in town CHRISTOPHER TAN IWAS knee-high when I first started following my father on his frequent business trips to Malaysia. Flying wasn't all that common in those days and
        1,133 words
    • PURSUITS
      • Article, Illustration
        Lock icon Be my teddy-bear tonight
        702 27  -  VALENTINE'S DAY Strapped for time? How about an indulgent weekend getaway that doesn't involve straying too far from home? By' Tan Su Yen FROM heart-shaped red balloons to heartfelt messages through the Classifieds, Valentine's Day is a time for lovers to say, "I love you" in
        702 words
    • ENTERTAINMENT
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        Lock icon Hidden side of paradise
        635 28  -  CINEMA Leonardo DiCaprio and friends discover it's hard work trying to keep their Shangri-La on The Beach from being washed away By] Parvathi Nayar SEARCHING for a fabled Utopia or Shangri-La is a pervasive urban myth and in our literature we've looked for it everywhere —in
        635 words
      • Article
        Lock icon Fluffing all his lines
        535 28  -  CINEMA The Bachelor is not exactly the greatest catch in town By I Susan Tsang THE BACHELOR is packed with lots of sexy elements, like pretty girls and 100 million dollars. All set in picturesque San Francisco. So why is it so bland? I figure it
        535 words
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      Lock icon CINEMA
      827 29 Angela's Ashes. Screen adaptation of the Frank McCourt novel which hit the bestseller lists and stayed there. A poignant yet humorous account of growing up dirt-poor in Ireland, yet retaining the ability to be human. Alan Parker (The Commitments) directs Emily Watson and Robert Carlyle, and captures the book's
      827 words
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      Lock icon ENQUIRIES AND BOOKINGS
      121 29 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Pidurehouse 338-3400 YanglK 223-7529 Eng Wah Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden VINaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 Tiong Bahru Yishun Overseas Movie Clement i/CoVealth 777-0669 Golden/New
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    • EPICURE
      • Article, Illustration
        Lock icon Restaurant man
        1188 30  -  Nothing escapes Anthony Wong's eagle eye the man behind A 1 Dente, Patara and Siam Kitchen can walk into a food joint and immediately notice 20 things wrong with it And his response to Singapore's ever-changing food scene? Closing restaurants like Hot Stones, and opening others like Intermezzo,
        SIEW YAW HOONG  -  1,188 words
      • Article
        Lock icon Tasting notes from the old and new worlds
        883 30 WINE CONNOISSEUR JANUARY saw a wide-rang-ing series of tastings which covered Bordeaux, the New World represented by veteran Heitz Cellars of Napa Valley, and the old world of Austria and Spain whose new wines are currently the flavour of the month. BORDEAUX
        883 words
      • Article, Illustration
        Lock icon Teaching ingredients to perform new tricKS
        676 30  -  RESTAURANT Justin Qnek springs more surprises at the newly renovated Les Amis By, Jaime Ee WHEN some people are in need of inspiration, they change their environment, shop for new clothes, swop life partners even. When Chef Justin Quek wants to spice things up
        CHRIS LOH  -  676 words
    • TRAVEL
      • Article, Illustration
        Lock icon Tasmania Still Australia's best-kept secret
        1960 31  -  It's down under of Down Under, and it's the kind of place that makes jaime be want to do things that she normally wouldn't do like go fishing JAIME EE The writer's trip was sponsored by the Australian Tourist Commission and Tourism Tasmania. There is
        PHOTOS BY JAIME EE  -  1,960 words
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  • Page 26 Miscellaneous
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      205 26 CRYPTIC CROSSWORD 10 Support witch's place to the was not fully appreciated (10) 15 Give a car new 21 Agree to write (10) 26 Its events deter arrangement of Financial stake (6,8) DOWN benefit from it (4,2,9) Across: 1 Restrained, 6 Fair, 10 1 corrupt society girl takes use a
      205 words
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      206 27 fl m 1 I E| I\, > I MflHI HFH 1 fl P® A B li STv I I I f iRM I B i I End the week on a better note. I A Friday Jazz at Robertson Walk. I V From soothing sounds of acid jazz to sexy
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      348 28 Where to wine, dine and fi£s2£r -Offering the lowest interest rate in town 4545 Savour the distinctive mix of and tastes of Singapore. IVHk' Feast on the exciting spread of local dishes we have for you j such as Nasi Lemak, j Tauhu Goreng, Tandoori Fish etc. 1 J ,A
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      123 28 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, I Singapore *****7 I Tel: 737 9944 Fax: 733 3175 I J Lll HSIAMi 111 tomtit: M Allson Grand Menu 8-Course Set Menu at Only $29.90 per person (minimum 4
      123 words
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      184 28 Treat your family to a sumptuous spread of over 40 varieties in our WEEKEND BUFFET LUNCH CaJiWh;/ C/ft'/r Saturdays tr Sundays Adult $13.80*++ Child 9.Bo+++ Public Holidays Adult $15.80+++ Child $12.80+++ Free flow of Soursop juice. Coffee and Tea tf* X t lf*M (MM OISISIStS H V »msstssfa> VmM* Sslssi
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      113 28 All things auspicious, this is a tradition you simply can't miss! Choice ofllcan Parang and Salmon. Prices range from $16 to 568.80. For reservations, please call 432 5543. Pacifii. Pnrtlege Jucoums tie not tfflu jblc Jumg Chinese New Year Pruei subject to semee charge &gort. taxes mcluJing GST AT GRAND
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      144 28 JJP 10 TO 20 FEBRUARY 2000 RESERVATIONS 831-6258/88 Mandarin QQ Singapore BP UmiVs 111 Orchard Road, Singapore 2 J8867 Tm.TT lei: 7J7 4411 Fa* 712 2161 "V*de*H*e's Esc«f*>«" (4H\ -1 February, 1000) Fg*tsfs of (!2fU |4fU February, 2000). Exclusive door gifts ore yours, plus you could win a dazzling set
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  • Page 29 Miscellaneous
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      2303 29 TODAY'S TV Kids cemraj: ROW. SSSpo, Th© Lennon sequel. tM HeadTYipS>™droiiK! he BXO Business Tonight IpO'QpV 10 00 Batman. 0 8.30 Corporate Watch. *■*'&**'J 10.30 Superman. t 900 One Hour News. Millennium: Century Of U56 c ose 10.00 Business Tonight. John Lennon: Gimme The Compass, 10pm, 2.00 PM TV Innovations.
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      143 34 EXECUTIVE APPOINTMENTS W W rn mimmmm-m m 1., ,d\rrlK« i;ill It.ll-lri. IXtM»-~4l ISS.' I .I\ \<i: 741 12'»s 9ww Singapore Press Holdings We are one of Singapore s largest publicly-listed companies. To meet our expansion needs. we are looking for experienced professional to complement our Finance Division as MANAGER, FINANCE
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  • EXECUTIVEmoney
    • Article, Illustration
      Lock icon Capital investments
      1704 36  -  Are you a high net worth individual with a risk appetite to match? Ready to bet on a high-tech venture but afraid you'll get burned going in alone? Then consider a venture capital fund, that will pool investors' seed money into several start-ups and hold their hand through
      PHOTO OF QUEK CHER TENG BY ARTHUR LEE  -  1,704 words
    • UNIT TRUSTS
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        Lock icon 'Dear Investor,
        1015 32 IT has been an extraordinary year for technology investors. Our funds had their best year ever in 1999 and by a long way. Remember our unit trust has been running for over 15 years, yet our previous best return in a single year was less than half what
        1,015 words
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        Lock icon Tracking the trackers
        3803 32  -  Index-tracking funds are getting to be big business in the UK. shxvtameja tells why SHIV TANEJA The writer is with Standard Poor's Fund Services in London. For more information on S&P Micropal Star Rankings and S&P Fund Research Ratings, please visit www.micropal.com INVESTMENT managers in the UK
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      • Article, Illustration
        Lock icon value versus growth
        1195 33  -  What's your call, stocks that are 'cheap', or stocks that show faster than average profit gains? ben pok presents the perennial debate BEN FOK The writer is a manager (funds specialist) at Fraser Securities. He can be contacted at email: benfok'a/raser.com.sg or tel: 438-6659 Have you wondered
        1,195 words
      • Article, Illustration
        Lock icon Big on Japan
        735 33  -  Even after last year's triple-digit returns, it's not too late to look at Japan funds, says HSBC. A correction in US stocks won't pose a problem, and in any case, the Japanese economy is poisedfor a genuine recovery By l Genevieve Cua YOU'RE in the market for
        FILE PHOTO  -  735 words
      • Article
        Lock icon OCBC launches Taiwan fund
        164 33 INTEREST is now building in the Taiwanese stock market, now that Morgan Stanley Capital International (MSCI) has announced that it will be bringing up Taiwan's weighting to full in its widely followed stock indices. To tap this opportunity, OCBC Asset Management (OCBCAM) has launched the first
        164 words
      • Article
        Lock icon INTEREST RATES FOR SA
        112 33 BANKS/FINANCE COMPANIES BELOW $3000 $3000-4999 S5000-9999 S *****9999 S***** 1 UP ABN-AMRO Bank (Millennium Account) 1.3750 1.3750 1.3750 1.8000 2.2500 DBS (Auto-Save) 1.0000 1.2500 1.2500 1.2500 1.5000 Hong Leong Finance (Savers Plus) 1.5000 1.5000 1.5000 1.5000 1.5000 Singapore Finance (Savers Plus) 1.1250 JU250 1.1250 1.2500 1.2500
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        Lock icon INTEREST RATES FOR 31 FIXED DEPOSITS
        243 33 BANKSf INANCE COMPANIES AMOUNT® 1 MONTH 3 MONTHS 6 MONTHS 9 MONTHS 12 MONTHS ABN-AMROBank *****-***** 1.2500 1.6300 2.0000 2.1250 2.3800 *****-***** 1.7550 2.0650 2.3150 2.5650 2.6850 Citibank Up to ***** 1.6875 1.8750 2.1250 2.1250 2.9500 *****-*****0 1.7500 2.2000 2.5000 2.6000 3.1000 DBS 1000-*****
        243 words
    • PERSONAL INVESTMENT
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        Lock icon Invest in business-to-business
        735 34  -  A dot-com that does business-to-business transactions is a better bet AsiaConunerce tells GENEVIEVE CUA GENEVIEVE CUA IF you're looking to invest directly in an Internet start-up or even just pick up some shares of the latest dot-com play, you're likely to get better returns by choosing a
        CHRIS LOH  -  735 words
      • Article, Illustration
        Lock icon Herd instincts
        1628 34 When people take risks, they tend not to behave rationally, says a new book on the psychology of investing PRICE-EARNINGS ratios, beta ratings, price charts and screening software today's quantitative tools make investing seem coolly rational. Computers crunch the numbers, after all. But it is people who invest.
        1,628 words
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        Lock icon Do you belive in the Nikkei?
        750 35  -  FHlcomment YOUR MONEY Deutsche Bank's call warrant on the Tokyo stock Index offers a bullish bet, and might even be underprlced r.sivanithy THE latest covered warrant to make its appearance in the local market is Deutsche Bank's call on the Nikkei 225 index. In
        750 words
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        Lock icon Insiders extend bullish trend
        966 35  -  iNsiDEizmma Buying seen in UIC, NOL, F&N, selling in IDT Holdings while Capital Group stays active By] Robert Halili The writer is director of Asian Ownership Research at Primark THE Singapore insider sentiment index surged last week, closing at +62.8 points. A bullish trend has been
        Source: Primark ITA  -  966 words
      • Article
        Lock icon Buy into healthcare, hardware, banking'
        838 35 kW.WW Idea Parkway Holdings Healthcare provider Parkway released a slew of announcements last week, all of which should whet investors' appetite. Investors should be most pleased by Parkway's confirmation of rumours that it is in talks to sell its stake in Parkway Parade, a re-tail-cum-office
        838 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at Feb 9, 2000)
        1375 35 Depo*rt amount 1-mtti 3-mttt 6-mth Deposit amount 1-mth 3-mth 6-mth AS AS S10.000 A24 999 5 0600 5 2200 5 4500 25,000 74 999 4 4375 4 5625 5.1875 A25.000 A49.999 5 0800 5 2400 5 4500 75,000-
        1,375 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      301 37 Bridge News, Reuters THE pace quickened in the east for Panamax tonnage with brokers talking of rates firming. Atlanta trading remained essentially very slow although there was slightly more demand for Panamaxes from north-west Europe. Capesize rates are starting to move up. Handy bulk carrier rates were also
      Bridge News,; Reuters  -  301 words
    • Article
      Lock icon MARITIME STOCKS
      305 37 SSI '000 row 8 w CWT Distribution L20 0.02 28 Chuan Hup 0.48 0.03 ***** Cosco Investment 1.05 unch 143 Freight Links 021 0.01 4K> G8 Holdings 0.83 0.01 28 Hai Sun Hup 0.79 unch 56 IMC Holdtngs-HK —5.60 unch 0 Jlyl Holdings US 0.02 312 3.90 0.02
      305 words
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      Lock icon Erika manager set to lose ISM status
      465 37  -  Italian class society Rina highlights concerns over sister ships From. David Hughes in London ITALIAN classification society Registro Italiano Navale (Rina) has recommended to the Italian and Maltese maritime administrations that Panship Management, which managed the sunken tanker Erika, lose its ISM (International
      465 words
    • Article
      Lock icon South Korea's ship orders more than double
      274 37 Strong yen gives Korean yards an edge over Japanese rivals Bloomberg [SEOUL] South Korean shipbuilders' orders more than doubled in January from a year earlier, as a strong yen helped increase Korean companies' competitiveness against Japanese rivals. Hyundai Heavy Industries, the world's largest
      Bloomberg  -  274 words
    • Article
      Lock icon Arbitration panel chairman found to be not biased
      832 37  -  ADMIRALTY CASEBOOK By Selva Kumar AN English court has held that the chairman of an arbitration panel was not biased although he was a non-executive director and a small shareholder of a competitor company to one of the parties to the arbitration.
      832 words
    • Article, Illustration
      Lock icon PSA Marine adds 2 more tugs to boost fleet to 25
      186 37 [SINGAPORE] PSA Marine has taken delivery of two highly manoeuvreable tugs, bringing the fleet owned by Singapore's largest towage operator to 25. The whollyowned subsidiary of PSA Corp is also further expanding its fleet with two tugs on order
      186 words
    • Article
      Lock icon P&O Ports to build new terminal at Thames
      103 37 {LONDON] P&O Ports has won the rights to develop a new 1 million TEU container terminal at the former SheU Haven refinery in the Thames estuary, UK. "Shell Haven's combination of extensive waterfront, deep water berths, existing rail links and its sheer
      103 words
    • Article
      Lock icon NOL ship to sail to Subic for repair
      168 37 [SINGAPORE] The Singa-pore-flagged bulk carrier NOL Schedar that went aground near Sual in the Philippines last month, is now at port to deliver its full load of cargo before going on to Subic for repairs. Its owner NOL said yesterday that there
      168 words
    • ERIKA action sought
      • Article, Illustration
        Lock icon ABS hits out at class societies
        791 38  -  American Bureau of Shipping calls for tighter checks on old ships and launches attacks on substandard practices I ft/] David Hughes in London AS MEMBERS of the International Association of Classification Societies (lACS) gathered in London for crisis talks over the loss of the
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      324 38 PAGE ECL 4 AML 3 ECU Line 6 Accord 8 ESP lines 13 Ahrenluel 14 6 Appenship 5 8 Asm OCL 13 frtUflks 14 Austral 8 CLink Avant 14 GwMrtrans 6 B tang Mas 8 Genshpg 13 BSA 7 6loM BTL 14 Glory Nav M HaiSunHup 13
      324 words
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      Lock icon SHIPPING GUIDE
      21342 45 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 25/02 20/0] Saferoute PARANA CHALLENGER 8606A 65 *****22 To ABIDJAN (ABJ) 2003 Cote D'I voire 29/02 26/03 KienHung kuolunc kloois *****0133
      21,342 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        670 51 Vessel Voy No Berth Arrival Departure Pu 2507 KOI J 1M J11 10/02/7 45 11/02/7:00 Wmyeongtl36 14 J02 W/02/820 11/02/2300 Spc Capricor *****9 J12 10/02/10:00 10/02/79:00 Bt Pltra J ***** J01 10/02/10:00 11/02/23:59 Orient 2 lnl)85 J02 10/02/8:10 12/02/800 Bt Nurduna ***** J01 10/02/1100 10/02/23X10 Bt Hindi Jay
        670 words
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        Lock icon CONTAINER SCHEDULES
        1961 51 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ac i jade 13/1000 w nrnoo kv*m n/noo n xvftoo n/M» io/»oo 10/1700 IV0659 11/0900 21 10/1700 11/0659 n/0900 j n/0700 n/n» n/vwo 4 n/iMO n/MM n/i7oo «l SAIAMA CO64C
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        Lock icon GLOBAL HOLIDAYS
        195 51 Mar 16 Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. MiurlS Taiwan: Market Holiday for Presidential Election. Apr 4 Hongkong:Ching Ming Festival. Apr 20 New Zealand: Market Holiday, Stock Exchange Closes at Noon. Denmark: Maundy Thursday. Apr 21 Denmark: Good Friday. France: Good Friday.
        195 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        809 51 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
        809 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        565 51 Carbon 180 Max 990.8 0.8 19.0 0.08 78 0.05 F«t 3 Density Water Residue Ash Atai.li.iuHi Sediment *> above E25 0 0 21 0 0 0 rzz~ 380 Ave 987.5 0.3 14.6 0.06 33 0.02 t „o« 380 Max 992.0 17 *8-2 0.09 72 0.06 tt/M»3
        565 words
    • AIR & LAND transport
      • Article
        Lock icon Three UAE airports to invest US$1.75b in expansion
        510 52 Dubai, Abu Dhabi and Shaijah plan to build new terminals to meet increased traffic AFP [DUBAI] The United Arab Emirates (UAE) aims to turn its airports into some of the world's busiest with an ambitious US$l.75 billion (552.94 billion) expansion. "Dubai has
        AFP  -  510 words
      • Article
        Lock icon ANA denies report it paid off corporate racketeer
        209 52 Bloomberg [TOKYO] All Nippon Airways Co, Japan's second biggest airline, denied a news report alleging the company paid several million yen to a corporate racketeer, or "sokaiya". The Sankei newspaper earlier said ANA diverted the funds from an entertainment expense account, citing
        Bloomberg  -  209 words
      • Article
        Lock icon United Airlines objects to Cathay-American code-share
        337 52 Other carriers have been denied similar requests in the past AFP [HONGKONG] US-based United Airlines yesterday opposed a planned code-share service between Cathay Pacific Airways and American Airlines, saying it and other airlines had been denied similar applications in the past. United said in
        AFP  -  337 words
      • Article, Illustration
        Lock icon Checks begin of tail mechanisms on MD-80s
        364 52 iTPfmpf CrRASH Reuters [SEATTLE] Airlines began a concerted inspection of the tail mechanisms on MD-80 and related aircraft on Wednesday after safety investigators found damage to a key screw retrieved from the wreckage of an Alaska Airlines plane. The electrically-driven jackscrew controls the
        Reuters; REUTERS  -  364 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1803 52 CITY FUtNT OA FUCHT £10 MaW* 8A7381 630 BA7302 2050 r** s0,w —S0990 0f81 1930 0T82 2050 Gowiozhou S0«03 1910 C2352 0835 AN8229 2230 C2353 2045 S0004 66 HS32 ****** 136 ****** 146 S0229 2230 S0VM75 635 KmtttrUm $023 0650 6*974 0120 WIS0743 1925 N***** 0625
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        Lock icon 'No brains, no planes'
        71 52 [RENTON] Members of Boeing's Professional Engineering Employees in Aerospace walk off the job on Wednesday. No further talks were scheduled after a federal mediator failed to prevent the first full-scale strike by the group. The union, Boeing's second largest, represents about 22,000 engineers, scientists, manual writers,
        AP  -  71 words
      • Article
        Lock icon Boeing, Airbus to make their presence felt at Asian Aerospace
        425 52  -  By\ Francis Kan [SINGAPORE] Those attending the upcoming Asian Aerospace 2000 show here from Feb 21 to 26 can expect a big showing from the world's two largest aircraft manufacturers, industry leader Boeing and its rival Airbus Industrie. "Boeing will
        425 words
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      8 37 ABS hits out at class societies, Page 2
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      89 37 UAE airports to invost USsl.7sb in expansion Backpg CAMBODIA SHIP REGISTRY "Over 900 vessels registered totalling more than 2 million GRT since its inception" jSXtj^y «J *fep£J3®3lWr H We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service,
      89 words
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      1251 38 I NORTH AMERICA I EXPORT 1 I OTHER DESTINATIONS 1 SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH U WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) VOY ruatT ETPSM UMOMAOI Sjjj» Houston ORCAGO WW TOM MtXICO OH* WSB I VOT !l* I rT.OgTIMI tOJUTU lUW 10«BC0 (OWnO I H OUttA
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      733 38 Lines services represented < by Members of the Registry of Accredited Shipping Agepfs, S pore National Shipping Assoc NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE I MV "TBN" ETA SIN 25/02/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO POCT KIANG/SINGAPORE/JAKARTA I lANGKCK ETAPKL ETASIN
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      6 38 Members of the Singapore Logistics Association
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      1132 39 TO EUROPE FROM EUROPE Ivtssa voylsi gm ami ham orv sou m ifh 1 [vtssa vqt j rtm w him w sou fit uh mi KY EMPEROR 323W 14/2 2/03 4/03 7/03 1/03 API KAIL 0131 20/01 22/1 25/0119/01 12/02 muuzoian mm 17/0211/03 1/03 9/03 6/03 rhmi S3ii 23/01 25/01
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      1897 39 6?)HANJIN SHIPPING likPl U 4.fcM»«U» -Mb *****30 HANJM SMPTWG (S) PTI LTD ta*//w« cm WOO* *****3573/ SMC *****74 731 DOCUMENT *****/1 774 WHUKMS 7J*****75! MAIM UK *****55 Ml 777WM att lISM9MOM TO NW USA CANADA USA CANADA* FM VSI/VOT I UM I SM UMHAU/VOT SuH TTW D» TO* 01 WT
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      363 39 FULLY COWTAIMKKIIIP PIPICATIP f I «ssa w_ _mi_ *s m _y*_ h»6 m us« pus *sSfi m I nl™ I linear mam m_ oa/w ong m mm ivw is/02 ii/w ii/o? SjifKnimc 1 I ivo?I ivn? lurrc iyj? tauir 0771 «/w \wi ottfi imti hSmpiig mS I 20/ ii? I
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      1640 40 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA Vtsstt »0T SIM LtH RTW Uo> HAM MV FlI VtSStl VOY Ijjj Off SPt FOS VIC MTW HMUIN DALIAN 0028W MO2 2% 02 27 B2 24 IB 25 K 27 02 AN SINA M3CW HO2 22 02 24 02 2102 20 02 07 O
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      64 40 I r'J J hB' 1 j] =P T ¥->1 H|B66i3|fcE5HSSSSiE3S* CONTAINER CONVENTIONAL SERVICE TO CONTAINER CONVENTIONAL SERVICE TO BRUNEI EAST MALAYSIAN PORTS NORTHERN AUSTRALIA EAST TIMOR "'li' 1 m '""!'i I —II 1 'i 1 BMili MMM 'i MM 'i Ml 'i M 'i Hlli T'i II 'i MM 'i
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      639 40 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel S POM N SHEVA COLOMBO PKLANG TULSIDAS V 120 13 FEB 22 FES 27 FE• M MM CAPE CREUS VIO2W 20 FEB ft FEB K MAR 11 MM CAPE CANAVERAL VII9W 27 FEI 17 MM 12 MM 11 MM TULSIDAS Vl2l OS MM 14
      639 words
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      1886 41 VESSEL VOY KHH HKG SIN PKG DXB DMM BA I BIK 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 IRANSEESTAN PCL-143 23/02 25/02 29/02 01/03 11/03 12/03 14/03 16/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/03 08/03
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      1270 41 W.E.F. FIB 2000 ACCEPTING CGO 1 TO DAKAR, LA6OS, TEMA I ABIDJAN VIA OINOA J IGENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/l) *****02 JOHORt OFFICE COSTAR SNIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD DEPT (0/0) *****8S COSTAR AGENCIES (M) SDN BHD CR NO:
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      1217 41 EUROPE EXPRESS SERVICE EXPORT IMPORT HJ OSAKA 057W 17/02 05/03 07/03 04*03 OM3 10/03 If/03 HJ OSLO 007E 20/01 22*01 01 13/02 PUNJAI SIN 011W 22/02 ***** 12/03 13/03 14/03 15/03 16/03 HJ ROME OOiE 27 0! 29/01 01/02 02/02 '20 02 CYMUS 0120W29/02 17/03 19/03 20/03 21/03 22/03 23/03
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      1516 42 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SGP RDM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E DEVOTE RW 010 12/02 02/03 08/03 064)3 06/03 07/03 08/03 E RIGHT RE-042 20/01 MQI 21/01 25/01 13/02 14/02 E DEVELOP RW-010 19/02 09/03 15/03 11/03 13/03 14/03 15/03 E REWARD RE-037 27/01 29/01
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      923 42 rjgggsPif PACIFIC INTERNATIONAL UNES (PTE) LTD A 222?l111 140 Cecil Street, #03-00 PIL Building, Singapore *****0. 1 CR NO: **********06 Ilvtssn »0T wo STD m out mammnc I W T| as B aa-HHum v M-IM-M--WOATHEAH FOtTjM OATOSA 19/2 27/2 4/3 1/3 13/3 l»/3 20/3 I VOT M 6 _WL_ rn
      923 words
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      412 42 IM-jIJJIJIMIIJIJJ SO TELOK BLANGAH ROAD *02-02 CITIPORT CENTRE SPORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W Vtssa WY EW ETD OESTWQUN MNUKM HO *****000 UOZOB MUKTW MMUKWA U72BDD 17A***** 18A***** PKL MLAMNLHTOK MAHJKMA U2OOO 2M***** VKOM PKL MUM lmmu mam vrnm ztnam pontmnm For
      412 words
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      390 43 BSfl x mm. MYANMA pBBk FIVE STAR LINE vf (Myanmor Notional Line) Loading for Yongon (Rangoon) VESSEL VOY SIN PM PIN PGU srrrwt »iw 12/02 MPA-AN 267W 15/02 MALAYSIA AGENTS: WUSTEAD SHIPPING AGENCIES KUL m (03)*****00 PKL: TIL (03)*****01 PE* TU (04)*****02 PGU: HI (07) *****21/4 BANK LINE (A service
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      1195 43 HAfA# HYUNDAI MERCHANTMARINE CO., LTD. |v*« VOY SMI SOU IB! RTM AW KAMI WN FEL [VtSSa VOT I SOU I (W ITM I AWT |IW I MTV I FS SM I main oiiw 12/02 03/03 04/03 27/02 29/02 a* ssti 17/01 22/01 11/01 20/01 10/02 NttAMAZOMT! 027W 17/02 06/03 11/03
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      1142 43 vftv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HIAVTUFT SERVIG" fvissa VOY RAMP HEIGHT SIN UC MAO MIA SAV BAI ORF NYC WW MM UMPA AHOOS 400 T«H 6.3 M 26/02 25/03 03/04 06/04 08/04 10/04 11/04 13/04 17/04 IS/04 T ALA ROT AHOO6 400 Tom 6.3 M
      1,142 words
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      1031 44 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE va to s» m w n» w ttlai kasuga i m n/n m/n —mm u/w it/w ptoNB>HHUM IST n/n n/n »/w n/»? »/«T" oriygrr Its" is/w ti/w p/w iyw m/m~ vThbald r*_ -n/n M/mos/mv/n i«/m~ FEEDER SERVICE TO INDONESIA VV WY
      1,031 words
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      778 44 VFSSHS vov PKL JED MLA LEH RTM HAM ZEE SOT SAUDI YAMBU Y3SW 14/02 15/02 23/Q2 28/02 04/03 06/03 07/03 0»03 I<yo3 VH-LE DE MIMOSA V36W 21*02 22/02 01/03 07/03 13/03 14/03 16/03 17/03 19/03 V-LEOE TANYA T36W 29/02 01*03 09/03 14AX3 20/03 21/03 21*03 24/03 26/03 VILLE DE TAURUS
      778 words
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      63 47 I New Advertisers/Services/Agencies MALDIVES NATIONAL UNE See Our Ad on Page 4 under Seaward Shipping Agencies Pte Ltd. ECU I=f=== Singapore Pte Ltd Providing You With More Than 90 Direct Ports of Call Page 6 HHPCT IRAN AFGHANISTAN Turn To Page-3 Cross Ports Intercontinental Pte Ltd COLUMBUS LINE Look Out
      63 words
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      838 49 SSAMUDERA SHIPPING LINE LTD 72 kmtom Road, #06-01 to 03, Sinfipofo *****1 MAIN UNi/OUTWMD: $32 3*M INWABO (MO): 437 236S IMPOtT STATUS (D 10): 437 2371INVENTOCY (WD): 437 2420 Ntkiitt http://www.MHH4on.ioai Ci NO. **********08 BOOKINGS LINE: 535 6266 (Celia/Je»«ko/Mei Chqn/J«stynn/Doro/Hanim) IBHBH 8 SLGS/WEEKLY 3SLGS/WEEKLY IVKSE VOT 1 SW iAK IvtSStl
      838 words
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      808 49 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I P«0 I SIN I *T 1 SUP HW 1 POO CMI I »0M I HAL I NYI j OtF I SAV NEW I TAM HOtl ■UMjJB o>/w 14/02 iy/Q2 n/02 29/02 24/o? ot/o3 09/03 ot/M 09/04 io/o< 14/04 17/04 23/04 mmmuan
      808 words
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      165 49 FOll> TIMES/ WEEK SAILINGS: P. GUPAMG/SWGAPOtt SOUTH BOUND ttSSfl W P6UOM6 SM ICUAUSIMI 7C73S SAHB) (HAP Mil BmAa>M m nausai liszMaL piMAsmi m inniMom ma me OMASUM 7026S lvwmp lfc/rc(WH)) Misuti mn u/nm> w/mmn mumt TOK 17/P? (THU) 11/07 (ft!) jQimiffljNP rasa I wt sw pguoa* HUAU SIM i W23>
      165 words
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      736 49 ENG LEE SHIPPING CO PTE LTD I I ICZA M: 5330J75 Uni| Fax: S33MM/S3M9M T CM H* ISBWWMt I VCSSCI VOT SIM FTA SIN tTD WSTMATION Sew Central 2/00 11/O? 12/02 Omhmb/F In/fMMM Gondo II 2/00 11/02 12/02 lokorto Un«» Sw 3 3/00 11/02 12/0? Bonißtww/Joljflo UngulJoyo 3/00 11/02 11/02
      736 words
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      648 50 I VESSEL VOY SIN MAA SIN I TIGER BRIDGE 772N 11 IZO2 17 20/02 2&2&<02 I TIGER METRO 773N 1&1&02 21 24/02 »01/03 I TIGER ARROW 774N 1819/02 24 27/02 03 04AJ3 I TIGER RHYTHM 775N 22 23V02 27 02/03 08 09,03 I TIGER BRIDGE 776N 2&2&02 02 06/03 10-11/03
      648 words
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      976 50 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO •SAN JUAN, PUERTO RICO SANTOS -PIREAUS •RIO DE JANEIRO VALPARAISO -NEW DELHI (Patparganj) PARANAGUA ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN •SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/61/62/67/68/69/70 PROJECT SHIPMENT HEAVYLIFT CARGO Bobby Lee *****71 bobby@flesin.com.sg
      976 words
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      1323 50 For bookmg t enqvky cat *****80 ij?| Website: http: www.ocd.cea VTA MOtm kmuLKk USA l fl sgpin 01 mminmi I »—>n *«im ioj iasgp OOQ AMOBCA *****7 l|/07 OVO3 01/03 01/03 02/03 01/03 00Q AMffltt 4WSO3 11/01 IMM 70All 71 All 71/01 IVB7 00Q (AUKXNA 43E501 73/07 10/03 IS/03 14/03
      1,323 words
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      75 51 jfl ij^' -r 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 that make a difference with their services Make sure you read the Shipping Times
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