The Business Times, 14 June 2000

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Total Pages: 48
1 48 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 035/12/1999 M SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, JUNE 14, 2000
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  • 66 1 □m 2,01&«3 (-23.43) □M 7BJB (-9.56) n SMSCI FUTU1ES M 2C2J0 (-7.80) STOCK MARKET INDICES Tuesday Change KLSE OOMP 8Kl4§ **U NIKKEI 1M14JC MM HANG SENG IMAM -3SS.1I SET INDEX SUM *71 JAKARTA OOMP _«&M -7*7 MANILA OOMP _LH1K TAIPEI WF1 a»L« MX, SEOUL OOMP WMft -4LSI CUBA
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  • 76 1 FOREX BATES USI 8$ USf_U~; 1722 £|l<8&5Sp«£> Mil MM EU$$5fcSS/E) 8JW UN nM v* 1844 YEN •>-„'■ MS. 1 J17 RM 3 m 0463 HKS 7.790 0221 BAHT 38.94 0.044 RUPIAH &H6 0.020* 'St to lOC units nilMElATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.00 BANGKOK 919 MANILA jfe,
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  • 624 1  -  Group including Temasek and Samudra pitted against Hutchison Whampoa for 49% stake in Koja terminal From Shoeb Kagda in Jakarta A CONSORTIUM led by a subsidiary of Singapore-listed Neptune Orient Lines is bidding for a stake in one of the region's prized infrastructure
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  • 495 1  -  By Kenneth James [SINGAPORE] Singapore's budding life sciences sector received a shot in the arm yesterday when Agilent Technologies, the US$B bUlion (5513.8 bUlion) spin-off of Hewlett-Packard Co, said it would invest "hundreds of millions of dollars" on a plant here to
    SIEW YAW HOONG  -  495 words
  • 533 1  -  It is doing away with upfront distribution fees By Ling Su Ann [SINGAPORE] First Independent (FI), the newly-es-tablished financial planning division of Lum Chang Securities, yesterday upped the stakes in the unit trust price war by offering to sell
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  • 439 1  -  SecaritiM watchdog scraps chain-listing rule From Eddie Toh in Kuala Lumpur THE Malaysian Securities Commission has in a surprise decision abolished the chain-listing rule—a move that analysts said would have the effect of helping tycoon Halim Saad float Time dot Com and North-South
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  • Page 1 Advertisements
    • 89 1 DBBPE Top stories Thailand announced yesterday the building of US$l b Cyberport in Phuket. Next Page Sing Tech group pays $9.4 m to raise stake in Pan Pac to 19.4%. Pg4 Stamford Tyres expects b-rim-ming returns from wheel rim business. Pg 5 Arts Festival -r r Spring Day is cheerful
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    • 89 1 Stir |i(| r CityDev MD Kwek Leng Joo: "If there is a good product *»i* yf '5 1 and good location, they shouldn't be afraid to price in a 55*3 3r "i, J way to sell." r v Property Enterprises GM Annie Loke: "We are appreciative that an industry leader
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  • NEXT page
    • ON THE grapevine
      • 162 2 TT International Ltd, which launched its initial public offer of shares yesterday, may be a familiar name in the electronics sector. The company distributes all things electrical from the likes of Hitachi, JVC, Panasonic and Philips in emerging economies around the region and beyond. But
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      • 65 2 ONGLINE, the online trading arm of broking house Ong and Company, gave away $50,000 cash cheques at the CommunicAsia trade show last week. However, it is likely that only one person will be able to cash in. The "cheques" are flyers for a lucky draw
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      • 91 2 MARKET research company Nielsen/Netßatings last week released its list of most popular Web sites among US male and female Internet users at work. The results might surprise you. Most popular among women workers was VirtualVegas.com, an online gambling and entertainment site, drawing 286,000 Internet visitors, 91 per cent
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    • 604 2  -  Work on the project, which will offer tax incentives, is expected to start this year From Harish Mehta in Bangkok THAILAND yesterday announced it was building a US$l billion (551.72 billion) cybercity in the southern tourist island of Phuket, and began wooing foreign
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    • 84 2 REUTERS [DUBLIN] Bryan Glennon, 12, viewing the original manuscript of James Joyce's Ulysses which is being displayed in Dublin for the first time at the Chester Beatty Library yesterday. The story of Ulysses, considered to be one of the most influential books of the twentieth century, takes
      REUTERS  -  84 words
    • 469 2 Founder Wong Toon King will be co-chairman of the CyberWorks vehicle [SINGAPORE] Philip Yeo, executive chairman of the Economic Development Board (EDB), will also become chairman of Silkroute with immediate effect, the venture firm said yesterday. Silkroute, a group of Singapore Internet
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  • Page 2 Advertisements
    • 129 2 e QUEST for PERFECTION rpn- Meet Anastasia Liew. the irrepressible baker who whipped up a delicious recipe for success, bringing her Bengawan Solo chain to 40th 4 |on the Enterprise 50 list last year. Her buzzwords are stringent quality standards and the freshest and finest ingredients. What are yours? Nominations
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    • 91 2 Never rtivorce yourself from the Masses.. Chairman Mao W It s a Bouigeoisc Banquet at D roletanat Prices! En|oy a sumptuous selection of Hunan fare such as Viceroy Chicken, the Chairman s Favourite Braised Garlic Pork and other hearty dishes such as the Hunan-style Chilli Prawns With incredible quality at
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  • Page 3 Advertisements
    • 294 3 WMX *...BIHBV'VESV'ftfar 88%, -fll ■f#'* "^BB* v A s9 1 M 4 ■II P TT^&vIWIHmBV^VTn^DSKiSW* f Hfi 1 ♦"< 1 XM 1 j£JrWuf* M |fl M)' ffg/*„ 11 ,js iis s Vs PATE^Z LIPPE l|W R^r^r 1 v, yy* -^r I I ittSrr V w tniL>T A Ym\ JHPh |II
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  • Page 4 Advertisements
    • 93 4 adroit ADROIT INNOVATIONS LIMITED (Incorporated in the Republic of Singapore on 26 April 1993) INITIAL PUBLIC OFFERING OF 50,000,000 NEW SHARES COMPRISING 12,500,000 OFFER SHARES AND 37,500,000 PLACEMENT SHARES AT $0.50 FOR EACH NEW SHARE IILIIJI Jllllllll lIJJ.III.LUIJ JII Applications for Shares may be made on printed Application Forms referred
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  • SINGAPORE companies
    • 441 4  -  Purchase from Pan Pac's chief exec ties in with Sing Tech's Internet thrnst By Eugene Low SINGAPORE Technologies, through its wholly-owned subsidiary Green Dot Capital, has taken a bigger stake in publisher Pan Pacific Public Company. In a
      FILE PHOTO  -  441 words
    • 276 4 ALLIANCE Technology and Development is listing its contact lens subsidiary on Sesdaq with a generous offer for its own shareholders. Igel Visioncare, a whollyowned holding company for ATD's visioncare business, plans to offer to the public 15 per cent of its enlarged capital.
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    • 423 4  -  S'pore electronics trader expects to net $l&3m proceeds By David Boey TT International, one of Singapore's largest traders of electronics and electrical products, is selling 70 million new shares at 28 cents each in its initial public offer. The company, which
      GEORGE GASCON/ST  -  423 words
    • 301 4  -  Kltfk TOkkls plana (4 develop it with adjacent GS Building into condo By Kalpana Rashiwala ROBERT Kuok's listed Allgreen Properties has bought a 15,361 sq ft freehold site in the Balestier area for $13.52 million and will develop it together with the GS Building
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    • 774 4  -  iHOCKIf.U'MU'JI shoeb kagda A COUPLE of weeks ago, Philip Eng, when replying to questions from reporters on whether he was concerned with the sharp fall in the price of Astra International's shares, noted that country risk rather than corporate failings was
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    • 414 5  -  Firm to expand in retail market, start rims plant in Thailand; share of group sales to swell Bui Christopher Tan LISTED Stamford Tyres expects growth in future earnings to roll out from the wheel rims market. President Wee Kok Wah told
      ARTHUR LEE  -  414 words
    • 295 5 Crew can access International SOS 9 medical staff on the ground SINGAPORE Airlines' cabin crew will be better equipped to handle a range of inflight medical emergencies, following an agreement signed yesterday between the airline and specialist medical care provider, International SOS. The airline
      295 words
    • 139 5 Reuters [HONGKONG] CM Telecom International Ltd yesterday said it had signed a deal to provide online services for a connected party, the China Motion Telecom Development Co. Under the pact, CM Telecom's 60 per cent owned ChinaMotion.com.lnc would become an exclusive supplier,
      Reuters  -  139 words
    • 352 7  -  Another 24 outlets to come over next 2 years; $25-30 m set aside for growth in S'pore, overseas By Joyce Koh PFS, a unit of mainboard-listed Prima, yesterday opened the first of 25 concept restaurants called Prima Taste, which aims to replicate favourite
      352 words
    • COMPANY Briefs
      • 77 7 ADD VALUE Technologies' public offer closed three timo* subscribed on Monday. Applications for 63.8 million shares were submitted for the 21 million shares available to the public. The total offer, representing 16.69 per cent of Add value's enlarged capital, comprised a public tranche of 21
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      • 102 7 NAM Lee Pressed Metal reported a fell in net profit from $0 million to 12.1 million for the half year ended March 31. The metal engineering specialist said group turnover declined 11.2 per cent to $29 million due mainly to stiff competition, coupled with
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    • 431 7  -  IPOiyr.KH.i By Andrew Wee ANALYSTS are generally upbeat about mainboard-bound Adroit Innovations, the first company that builds e-com-merce Web sites for brick-and-mortar Arms to list on the Singapore Exchange. At 50 cents apiece, some analysts see the issue as a relatively
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  • Page 5 Advertisements
    • 124 5 www.VlSAmrc.com VISA MERCHANT RESOURCE CENTRE. ALL THE HELP YOU NEED TO BUILD YOUR E-BUSINESS. It takes more than a great idea to succeed in E-commerce. To help you on your way, eight E-commerce industry leaders have shared their thoughts and ideas on what it takes to> succeed advice about business
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  • SINGAPORE markets
    • 382 6 8>ocka Vofcima Tw*rw*ood5c 38,748,000 MadhRad5c 11,896,000 ParkwayLab5c 8303,000 Achteva5c 8.018.000 WlnaTtf 2Sc 7,704,000 STEngglOo 6*64,000 OMUMIOC 6*78*00 GMG Global 5c 6*74*00 N*SM50c 5*06,000 MadtecsHK5c— 5,823,000 I PacMcCantury 56,418,000 DBSOrp 53.483.972 SIA 32,333*00 Chart Semiconductor 25c 27*02*91 8PH 20,483.775 grTEnoolOo 17*68*50 NM9M50C 15.758.340 0C8C 14.660*00 UO* 13,648,500 V«muraMfgS5c 13*17*46 Sloote C«Ks
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    • 522 6  -  STOCKS ven sreenivasan SINGAPORE stocks drifted lower yesterday the third straight fall in thin trading as investors stayed sidelined ahead of a keynote speech by US Federal Reserve chairman Alan Greenspan. The Straits Times Index headed south from the opening bell
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    • 184 6  -  WARRANT WATCH By Ven Sreenivasan THE covered warrant issued on Hongkong Land by Robert Fleming was among the biggest percentage gainers yesterday. The instrument rose to a high of US$O.3B before closing with a net US$O.O3 or 9.1 per cent gain at US$O.36,
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    • 242 6  -  HOT STOCK By Wong Wei Kong SHARES of construction group Twinwood Engineering topped the most-ac-tive list yesterday, after Schroders Capital said it is taking control of the company. Twinwood shares closed down 1 cent or 3.3 per cent at 29.5 cents. The stock opened
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    • 155 6 ♦SINGAPORE Reinsurance will hold their EGM at 12.20 pm on June 16 at The Executives' Club, 33rd Floor, OCBC Centre, 65 Chulia I, n j utTG6t. ♦OMNI Mold Ltd will be trading ex-dividend (final dividend of 0.25 cent tax exempted and bonus dividend of 0.25 cent tax exempted)
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  • Page 6 Advertisements
    • 626 6 PAKARA TECHNOLOGY LTD (Formerly known as National Kap Limited) NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 2000 Annual General Meeting of the Company will be held at The Westin Stamford Westin Plaza, Level 4, Raffles City Convention Centre VIP Lounge A on Friday, June 30, 2000
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    • 95 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EICHT. important All applications for units in eight must be made on the application forms accompanying the prospectus investors must read ttie prospectus The value of the units and the income from them may fall as weilasnse >I<l H'.SrV v Larry Wee's
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  • Page 7 Advertisements
    • 162 7 114 HOUSE RENOVATION/ DECOR Home in on great refurbishing ideas here. The Straits Times Classified This announcement appears as a matter of record only June 2000 addvalue I9S[ technologies ADDVALUE TECHNOLOGIES LTD (Incorporated in the Republic of Singapore on 27 April 1996) INVITATION IN RESPECT OF 71,000,000 ORDINARY SHARES OF
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    • 911 7 -J ppp-HH I j NAME Mercedesßenz 3-Class AGE :18 months OWNER :Mr Albert Tan mam OBSERVATION iServKflng Due 1 MEDICAL RECOMMENDATION: g I 2-HOUR QUICK I SERVICE 1 I I AI Our qualified Mercedes-Benz professionals will ensure that your car I is promptly attended to and serviced within two hours.
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  • SINGAPORE news
    • 676 8  -  No interconnection as yet with cnrrent operators; StarHnb the only exception Stories by Teh Hooi Ling TWO and half months after the fUll liberalisation of Singapore's telecoms sector, none of the new licensees with the exception of Star
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    • 205 8 Sing Tel Ventures pays $6m for 24% stake in Airgateway.com SINGAPORE Telecom's venture capital arm Sing Tel Ventures has paid $6 million for a 24 per cent stake in Airgateway.com, a search engine and applications provider of wireless Internet. Airgateway offers Orktopas WAP (wireless
      205 words
    • 564 8  -  From Quak Hiang Whai tnueijmg SENIOR Minister Lee Kuan Yew yesterday expressed optimism about China's economic future as the country prepares to join the World Trade Organization (WTO). At the same time, he suggested that China expose some of its best and brightest
      ZAOBAO  -  564 words
    • 328 8  -  By Kalpana Rashiwala LI Ka-shing's Property Enterprises Development (PED) said yesterday that as at Monday, it had sold 135 units erf* the Costa del Sol project along the east coast. It began marketing the 99-year leasehold development last month.
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    • 230 8  -  By Andrea Tan DESPITE the world becoming more wired up these days, national governments are still slow to offer services online, a study by Andersen Consulting shows. "Despite the financial and competitive advantages of offering government services via the Internet, even countries that
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    • 345 9  -  vvhfi CTCI*JI1U 1 L*J 11 By Anna Teo NO sharp falls are expected in the string of key economic indicators being released over the next fortnight or so, according to forecasts by DBS Bank's economic research division. Boosted by strong visitor arrivals in the
      Source: CEIC  -  345 words
    • 630 9  -  It is now ready to take on the challenges of the Internet economy From Audrey Tan in Stuttgart CRISIS-HIT economies in East Asia are now not only out of the woods, they are also battle-hardened to take on the challenges of the Internet economy, Prime
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    • 361 9  -  Trials to be conducted with third parties by year-end BTlii'miUWJ By Andrew Wee SMALL businesses here could in future be able to access phone services that are available only to large corporations now, if a new Philips service takes off. Philips
      SIEW YAW HOONG  -  361 words
  • Page 8 Advertisements
    • 405 8 Free upgrade to Business Class. From now till *15 July 2000, ANA Mileage Club members can enjoy a free one-way Business Class upgrade for all flights to Japan! Now you can enjoy a free one-way upgrade star Alliance benefits await all ANA Mileage from Economy Class when you fly with
      405 words
    • 70 8 WAP phones! The bidding starts $1 j Asia One Auctions is putting on the block five sets each jjr 0 of Siemens' C3si and S3si WAP phones. Sponsored by (f Siemens, the phones are each worth $368 and 5568. Money raised will go to the Children's Cancer Foundation. So do
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  • Page 9 Advertisements

  • MAIL bag
    • 227 10  -  Bin Hee Heng I STRONGLY resent Prithpal Singh's aspersions in his June 7 letter ("Vickers Ballas merger: let's have a valuation now?") that I had other motives in writing my letter to BT on June 1. I declared that I have no interest whatsoever
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    • 181 10  -  Chan Khim Soo THE letter "Stop complaining about M&As and do something" (BT, June 9) seems to say "Why so fussy, minority shareholders? You could still make more money out of it". The parties are obviously locked in a debate as to what may
      FILE PHOTO  -  181 words
    • 121 10  -  A S Khaled I REFER to your recent article, "SGX and the index riggers (June 2)," on the ongoing investigation of the alleged effort to rig the index. Your explanations about possible reasons for very late purchase (and sale) of very large volumes of
      121 words
    • 162 10  -  Denis Distant I REFER to the letter "Doctors' customer service poor" (BT, June 9) from Rowena Yeo and would suggest that if a patient who happens to be a consultant of some sort is kept waiting an hour or longer, despite an appointment
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  • Page 10 Advertisements
    • 228 10 I V It's Jijfp y4iJTe t* CEl ~c e It's back! The hunt for most b C > outstanding franchise players 111 z Singapore is on again with Franchise Excellence Award 2000 (FEA)2OOO. 'Nq A P Introduced m 1997 FEA horx i. '> HONOURING THE BEST IN FRANCHISING successfully grown
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    • 37 10 You can e-mail us at btletter@sph.com.sg or fax us at *****71, or mail your letter to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****6. Please give your fuH name, address and telephone number. >?.■ i
      37 words

  • eNews
    • 873 11  -  FAST Pinnz, a former computer parts manufacturer, tells amdrew wee about its move into Internet-based communications and its future plans ANDREW WEE HOMEGROWN Pinnz, once a distributor and manufacturer of computer parts, is now pinning its hope on the Internet. Two years after it started
      ARTHUR LEE  -  873 words
    • 518 12 AMSTERDAM Discussions may lead to either France Telecom or Global Crossing baying it Bloomberg EQUANT NV shares rose as much as 7.6 per cent in Paris on a Wall Street Journal report that the Amsterdambased owner of the world's largest data-communications network
      Bloomberg  -  518 words
    • 375 12  -  Could be seen as disregard of rnlin£ analysts From Macabe Keliher in Taipei MICROSOFT chairman Bill Gates yesterday emphasised that the US district court's ruling against his company would not affect Microsoft's development strategy or operations. "The lawsuit does not affect our
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    • 361 12  -  Latest investment likely to be followed by another one soon By Catherine Ong ASIACOMMERCE, a company that invests in Internet start-ups involved in busi-ness-to-business commerce, has pumped $8.5 million into Asia Ship, an online shipping broker. Chief executive Peter Zapf told BT that
      CHRIS LOH  -  361 words
    • 331 12 NEW YORK Bloomberg GOLDMAN Sachs Group, Merrill Lynch Co and Morgan Stanley Dean Witter Co said they will establish an electronic market for corporate and municipal bonds, the latest step in their effort to bring fixed-income trading on line. The three
      Bloomberg  -  331 words
  • Page 11 Advertisements
    • 84 11 v -'2 1 1 The industrious silkworm creates a perfectly balanced micro environment in which to work. The high quality of its product is proof of how well It works. This Is a perfect model of the Ideal Industrial Infrastructure In which energy, water, waste services and communications can be
      84 words

  • Page 12 Advertisements
    • 290 12 These should matter when you look far an MBA Prestige! Recognition! Quality! Affordability PIITGEPS UNIVERSITY Executive MBA CommencingsAugust2ooo PreiMge on© of only 66 members of tt>€ prestigious Association of American Universities AACSB accredited for more than 50 years highly qualified faculty with doctoral degrees from Havard, Princeton, Columbia, Wharton, New
      290 words
    • 108 12 T2388" I I I —i I 1 I «ffiL I J WW jpr I fl B .>.., a MWHimmmmHmm vi i^L] f ute j .«fy v- Ij t I -*IWMyi^B y4 f<rry refined combination of high tech materials steel, glass and leather harmonized with wood HIISHHHHHHMHRI^^^^^HiHK Package price (as shown)
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  • EDITORIAL & opinion
    • 725 14  -  jjWTwnirnT!! OPINION toh han shih The writer is a BT Journalist THE Internet and Singapore ONE, the national high-speed network, may well take Singapore's media industry beyond the government's recent liberalisation measures. The liberalisation was limited, with Singapore Press Holdings (SPH) and
      725 words
    • 117 14 Tm too big to hide.' -Y«Ur»H«ri Japanese prime minister, a former rugby player and physically one of the largest men in Japanese politics, as his popularity plummets after a series of controversial gaffes. 'I like the system, the chance to make something of myself. But racism, drugs,
      117 words
    • 579 14 EDITORIAL AN investor buys a stock in New York on Monday afternoon, buys some more in Paris at predawn Tuesday New York time and then sells it in Tokyo at 10 pm that evening. The chairman of the New York Stock Exchange (NYSE), Richard
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    • 1008 14  -  Hi-tech revolution powers impressive growth based on domestic and foreign demand By Eric Teo The writer, a former Singaporean diplomat based in Paris for a number of years, is currently business development director for a French-Belgian multinational. He also serves as honorary secretary
      FILE PHOTO  -  1,008 words
    • 879 14 Potto's otyocttre RUSSIAN President Vladimir Putin's objective is clearer now: to save Russia by bringing her back from the brink of collapse, returning her dignity and role of a great power. Everything is still uncertain. After conquering Grozny, Mr Putin is now involved in a conflict
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  • MALAYSIA news
    • 436 15  -  Groups with broking interest barred from construction and property business From Eddie Toh in Kuala Lumpur THE latest Securities Commission move to relax its earlier stance on the consolidation of the Malaysian stockbroking industry has created more confusion among brokers though
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    • MARKET moves
      • 95 15 MALAYSIA'S banks, most of which own stock brokerages, rose after the securities regulator scrapped a Dec 31 deadline for the country's 64 stock brokerages to merge into 15 groups. Besides giving in to demands from brokerages for more time, the regulator also removed the ceiling
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      • 82 15 GAMUDA Bhd, a construction company, said its plan to acquire Dyna Plastics Sdn for RM6B million (5530.8 million) includes a guarantee by a Dyna shareholder that Dyna would earn at least RMIS million for the year ended June 30,2001, and RM2O million for fiscal 2002. Some
        82 words
      • 55 15 Compiled by Bloomberg GEMTECH Resources Bhd rose 25 sen, or 4 per cent, to RM6.50 after the jeweller named Tong Kooi Ong as chief executive officer, and Tan Boon Kean, Ho Kay Tat and Shamsul Bahrain Ibrahim as directors. Mr Tong plans to use Gemtech to
        Compiled by Bloomberg  -  55 words
    • 70 15 [KUALA LUMPUR] A salesman for Proton cars talking on his phone in Kuala Lumpur on Monday. Dealers of Edaran Otomobil Nasional cars have protested against Bank Negara's ruling stopping finance companies from paying commission to car dealers on loans taken by buyers. The dealers said the
      REUTERS  -  70 words
    • 297 15 KUALA LUMPUR Reuters MALAYSIA will unveil a series of measures in the next week to liberalise its fledgling domestic bond market, a senior official at the Securities Commission said yesterday. Wong Sau Ngan, a specialist in legal and regulatory policy at the
      Reuters  -  297 words
    • 245 15 KUALA LUMPUR Reuters NATIONAL power utility Tenaga National Bhd has signed a memorandum of understanding (MOU) with Malaysia's Selangor state to develop a 700-megawatt power plant in the state, Tenaga officials said yesterday. A senior Tenaga official said the
      Reuters  -  245 words
  • Page 15 Advertisements
    • 167 15 PrestigiOv.Jo anci <nter- .it>onaNy awarded m r re Asia's Vertical Sifcon Valley growing 11 Internationa! Convention and Exhibition facilities Singapore's largest shopping ma!! with vibrant retail Superb central location with city and ha;b Served by upcoming Marina MRT line I Over 3.000 parking spaces Home to the Fountain of Wealth
      167 words

  • SOUTH east asia
    • 868 16  -  REGION Does his donation belong to the state or the president? yang razali kassim THE attorney-general says the Indonesian president is above board. But the case of the presidential masseur, and 35 billion rupiah (Ss7 million) of pension funds that have gone missing with
      868 words
    • 450 17 JAKARTA Extension may boost foreign in vestment, &nd help companies restructure debt Bloomberg Reuters INDONESIA'S private bank creditors yesterday agreed to extend payments on loans worth US$34O million (SssBs million) over 12-and-a-half years, a move that will reduce the government's budgeted
      Bloomberg; Reuters  -  450 words
    • 131 17 JAKARTA Bloomberg PT Indofood Sukses Makmur, the world's biggest maker of Instant noodles, said it has delayed the purchase of the Salim Group's noodle factory in Saudi Arabia Pinehill Arabia FOod citing regulatory hitches. Indofood, also partly owned by the Salim Group, said in a
      Bloomberg  -  131 words
    • 351 17 MANILA Lewis says she wants some degree of management control Bloomberg PHILIPPINE-American businesswoman Loida Nicolas Lewis said she may drop plans to buy into Philippine National Bank unless tycoon Lucio Tan, its main shareholder, sells his stake or
      Bloomberg  -  351 words
    • 402 17 JAKARTA AFP Reuters INDONESIAN President Abdurrahman Wahid must show some direction in tackling the country's economic and political woes or face the risk of an impeachment move in August, his economic advisor said yesterday. Emil Salim, chairman of the National
      AFP; Reuters; REUTERS  -  402 words
  • Page 16 Advertisements
    • 42 16 CEO, EDOTWIZ.COM O 4*i- J^ v ~-i V Keep up with the latest news on business, technology and more. Tune in to CNN. What On Earth is Going On? www.cnn.com/asia (f-.'MIJ Avaiiatrte on SC v Channel u IV* THE WORLD'S NEWS LEADER
      42 words
    • 420 16 -j"*"* > i f Thinhing. Morhing And Achieving Together Philips Electronics Asia Pacific Pte Ltd, is the operational headquarters for the business activities of the Philips Group of Companies in the Asia Pacific region. Our Singapore organization drives the regional strategy for a number of our businesses and provides support
      420 words

  • Page 17 Advertisements
    • 34 17 Location Tai Seng Industrial Estate Land Area Approx. 56,000 sq ft Built-up Area: Approx. 140,000 sq ft Tenure 60 years from 1/12/1989 Victor Morris Toam Pto Ltd Tel: 334 4266 Fax; 334 0469 j
      34 words
    • 191 17 »sjr <" >* B3 INTRODUCING IP f iii*iif iil' I i 1 y High performance and Highly ratable Rack optimisation •CrtaWMty Dual power cords, redundant 4 RU form factor makes ft W Expandable up to four AC power, hot-swap power ideal for environments where A 450MHiMMf cache CPUs, and disks,
      191 words

  • EAST asia
    • 463 18 LONDON ItespMtsttaiedtuciaßabr Aag Ifi; HKT will aeek approval flre^tetanretaHwi ■eetiagaehednledlar Jnlr 3 AP Bloomberg SHAREHOLDERS of Cabte 9t Wireless pk have approved the sale'# its 54 per cent stake in Hongkong's biggest phone company to local Internet group Pacific Century CyberWorks < In a
      AP; Bloomberg  -  463 words
    • 461 18 HONGKONG Figures show better consumer demand, pick-up in economy Reuters HONGKONG retail sales grew 8 per cent in value and 14 per cent in volume in April from the same year-ago period, reflecting strengthening consumer demand and a further pick-up in the
      Reuters  -  461 words
    • 288 18 HONGKONG Bloomberg CHINA Unicom Ltd, China's No 2 mobile phone company, has signed a preliminary agreement with world mobile leader Vodafone Air Touch pic to enable the phones of each company to operate in the other's territory. China Unicom, which is selling
      Bloomberg  -  288 words
  • Page 18 Advertisements
    • 1393 18 1999 Consolidated Financial Statements (in millions of Canadian dollars) CBNS9LIMTED BALANCE SHEETS CONSOLIDATE!) STATEMENTS OF INCOME Mttocto6w3l IN 19*_ II? 19N 19?7_ ASSTO sr- 11 11J1» 11.731 ***** IM2S 8,806 Deposits nta hanks urn 10,795 14.4N 15.000 12J91 MNm Md far imiestment 1V77 12.799 Dw»<s anTother liabiNtw UNI ***** 8.028
      1,393 words

  • WORLD news
    • 97 19 [LONDON] A tourist hanging on to the side of the new Millennium Bridge on the day it was to be closed due to unforeseen swaying in the wind on Monday. The problem wasfirst identified last Saturday with some members of the public having
      AFP  -  97 words
    • 513 19 WASHINGTON Fignres suggest Fed is less likely to raise rates as growth may be coaling Bloomberg SALES at US retailers fell in May for a second straight month, suggesting economic growth may be cooling and making it less likely the Federal Reserve
      Bloomberg  -  513 words
    • WORLD Watch
      • 65 19 Reuters [NEW YORK] Goldman Sachs Group yesterday said it was forming a US$3OO million (Sssl6 million) venture with Boston Consulting Group and General Atlantic Partners to invest in online businesses of established, offline companies. The venture, iFormation Group, will partner with large companies to develop
        Reuters  -  65 words
      • 69 19 Bloomberg [STOCKHOLM] Telia AB, the Nordic region's largest phone company, rose 11 per cent on its first day of trading as ftmri managers tracking Sweden's benchmark stock index snapped up the shares. Sweden and Telia raised as much as 78.6 billion kronor (5515.2 billion)
        Bloomberg  -  69 words
      • 86 19 AFP [SYDNEY] Air New Zealand's purchase of News Corp's 50 pa* cent share in Ansett Holdings cleared its final hurdle yesterday, receiving the go-ahead from the Australian government. Rupert Murdoch, News Ltd proprietor, agreed to senilis half share in Ansett in an As6Bomillion (SsBB7
        AFP  -  86 words
      • 113 19 Bloomberg {THE HAGUE] RoyaJ KPN NV said ifs "in contact" with Telefonica SA, though the Dutch and Spanish phone companies haven't restarted negotiations to combine and create a company worth US$l3O billion (*****.6 billion). "We're not yet negotiating anything, but we're keeping in
        Bloomberg  -  113 words
      • 59 19 Reuters [NEW YORK] Global One, the international telecoms company bought by France Telecom, yesterday said it would team up with Intermedia Communications to enter the US market for the first time. Global One said it had a three-year agreement with Intermedia to
        Reuters  -  59 words
      • 79 19 Bloomberg [MEXICO CITY] Banco Bilbao Vizcaya Argentaria, Spain's second largest bank, will pay US$2.5 billion (554.3 billion) for control ofGrupo Financiero Bancomer, becoming the first foreign institution to gain control of a leading Mexican bank. Bancomer's board recommended accepting an offer of US$l.4 billion in
        Bloomberg  -  79 words
    • 241 19 LONDON Bloomberg MONEY managers worldwide are investing more cash in stocks, reversing last month's withdrawal, with US flows at the highest rate since late 1996, according to a Merrill Lynch Co survey. The turnaround is accompanying forecasts that economic growth in the US is peaking. A
      Bloomberg  -  241 words
    • 780 19  -  us ECONOMY The Jury Is still out on Its efforts to curb Inflation leon hadar ARE investors and officials finally hearing the soothing melody of the economic "soft-landing", a short but much sought-after musical intermezzo that is part of the fantastic symphony, being played
      780 words
    • 592 21 NEW YORK Visa, MasterCard do not truly compete with each other: govt AFP Reuters CREDIT card giants Visa and MasterCard on Monday rejected government accusations that the two companies had colluded to stifle competition in the US credit and charge
      AFP; Reuters  -  592 words
    • 413 21 raons AFP [WASHINGTON] With a hugs victory under his belt in the Microsoft antitrust trial, Joel Klein has earned a reputation as a champion of the consumer in the face of the excesses of capitalism. Mr Klein, head of the Justice Department's antitrust division, was the
      AFP  -  413 words
    • 459 21 NEW YORK Firm trying to lease premises at higher rates, says bank Bloomberg BANK of America Corp, the largest US bank, has accused developer Donald Trump of trying to force it out of the space it subleases at the General Motors
      Bloomberg  -  459 words
    • 224 21 LONDON Reuters LONDON held on to its crown as the world's biggest centre for equity fund management in 1999, but New York is gaining, according to a survey released yesterday. A report by Thomson Financial Investor Relations showed that London-based funds controlled US$2.5
      Reuters  -  224 words
    • 484 23 k LOS ALAMOS Lab long attacked for being lax; big gaffe for Dept of Energy, California U LAT-WP Reuters JSLECTRONICALLY-stored classified information believed to include US and Russian nuclear secrets disappeared from a vault at the Los Alamos Nuclear Laboratory &wo months ago
      LAT-WP; Reuters  -  484 words
    • 62 23 [LOS ANGELES] Los Angeles mayor Richard Riordan (left) and Kevin Wendle, Ifilm CEO, stand in a cherry picker to unveil the ifilm sign in the Hollywood section of Los Angeles on Monday. Mr Riordan tcUked about the infusion and potential for Internet businesses in Hollywood and
      AP  -  62 words
    • 311 23 MPYONGYANG Bloomberg SHAKING hands near a rutted airstrip, the leaders of South Korea and North Korea greeted each other for the first time and started work to resolve Asia's longest-running conflict North Korean leader Kim Jong 11, seldom seen in public
      Bloomberg  -  311 words
    • 418 23 VEVEY, Switzerland Bloomberg NESTLE SA, the world's largest food company, is considering a cash bid for Nabisco Holdings Corp, the sixth company to show interest in the maker of Oreo cookies, a person familiar with the situation said. Nabisco Holdings,
      Bloomberg  -  418 words
    • 341 23 LOS ANGELES Syndicate accused of stealing more than USs4oom in 4 years Reuters FEDERAL agents on Monday smashed the biggest cheque fraud ring in US history, arresting 10 people many of them Nigerian nationals and accusing them of helping to steal more
      Reuters  -  341 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 1560 20 I NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 I TD 1 I TorootoDominion bank I I CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF I As at October 31 INCOME 1 4 For the years ended October 31 fl B (millions of dollars) m I ASSfTS 1999 1998
      1,560 words
    • 579 20 THE COMPANIES ACT CAP. 98 FIRST AUSTRALIAN (S) PTE LTD (la Mimltrt'Vtlaalar) llprtltHia) Al an Extraonfcnary General Meeting of Ike members of the abovenamed company duty convened and held JO Oun Swcc Road ***** Thong Chai Building Singapore 16*74 on the 9di day of Jane 2000. the apodal resolution set
      579 words

  • Page 21 Advertisements
    • 56 21 „"dfQk M I?-. B Don't write it down... Scan it! m |cl I f| §C Don't rip it out ...E-Clip it! mHMI■ m Don't type or copy it.. Quick Link it! EES mjry v o<« C,»" s Tr,nsV daM Qr Jffffht t i sr.vs'ui |P S'H" ff CUSTOMER SERVICE HOTLINE
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    • 173 21 Y-. !t4' f ONLY ONE THING YOU IMPROVE YOUR RELATIONSHIP Br Think how you'd like to be treated next time you deal jB whoever you you chose to by phone or v the same about you you to an who personalised sales, service and support tailored to your "*£t your
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  • Page 22 Advertisements
    • 367 22 Bp v 3PB?yI»2L H%* V^ j? I 1 I r 1 i j i I f j j I w I 1' 1 I PK>3 en k '25 ftj (,i. j !j V ■•In' I j y! At last you kave the power to distance yourself from tlie competition. I
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  • Page 23 Advertisements
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    • 24 23 I FOR I THE LATEST IMEWS QUI GET SHIPPING TIMES 15 JUNE 2000 7 PAGE SPECIAL FEATURE Cars ,!T.y f? in China ■f 3*v3PM
      24 words


  • FINANCE & commodities
    • 220 25  -  SGX Derivatives TmiUngßeports MSCI Singapore Index Chan Yet San THE Singapore stock market feU as some technology stocks were influenced by Nasdaq's slide overnight. The MSCI Singapore Index lost 4.47 points or 1.66 per cent to end at 264.43 points. Within the index, only
      220 words
    • 260 25  -  MSCI Taiwan ftxtnros Chan Yet San THE Taiwan stock market ended down following the biggest fall since May 23 on the Nasdaq overnight The Taiwan Stock Exchange Weighted Price Index fell 64.35 points or 0.72 per cent to close at 8,891.09 points. Turnover was
      260 words
    • 232 25 BMERGY REPORT Reuters [LONDON] Oil prices sizzled in sight of nine-year highs yesterday as dealers awaited official word on whether Opec would unleash new supplies to cool the market At 1125 GMT, international benchmark Brent was trading at U5531.14 a barrel, down only seven US
      Reuters  -  232 words
    • 343 25 Reuters London THE US dollar was dented against the euro yesterday amid concerns that US retail sales data could show further evidence that after 10 years of growth the US economy was slowing down, and by the better tone for the single currency. Recent US data has prompted
      Reuters  -  343 words
    • Article, Illustration
      1120 25 IMTmtBAlfE CROSS RATES juni3 1 111 I AS C$ >■> Urw fir Pw mt 68«i8»6li Yaa Wm 1 UNfcl Nw It lw8 tk IH$ 86* Hm* m Austral! 0.874 4.917 046 4.057 1210 446 26.*****466 0431 MM 1252 1256 30.743 25.07 1020 4J66 0.966 »2S5 23.072 0J91 0.593 f Canada
      1,120 words
    • 1589 25 535ETiffuii3^r™ B 1^w j!mi3 mtWfl tlWll lliui] III It 1 Ttliw] *-v < K81C0irTKACT(ScM(sA4) CiOM VfltaM OH* ijtfOO K .Tifr-'i* iwo Im oo v. 119.00 5 -i Sap 00 122.50 400 QdfiKtto ***** M3CMTMCT(U<aataM VoIhm OpM Matfft W» lam $tH awn) Ittaraat jJo5 65.50 M0 ■**00 66.50 v 6450 6450
      1,589 words

  • STOCKS east asia
    • 2749 26 HONGKONG AFP Q Hug Seng -3BJI HONGKONG share prices fell 2.3 per cent yesterday on prof-it-taking after a weaker performance on Wall Street overnight, dealers said. The key Hang Seng Index lost 362.11 points to close at 15,692.94 on a turnover of HKSB.6
      AFP  -  2,749 words
    • Article, Illustration
      786 26 Reuters PawABBMn +3J6 CHINA'S hard currency B shares closed sharply higher yesterday, partly due to a renewed rise in domestic A shares, analysts said. Investors also continued to hang on to hopes of government measures to support the hard currency market, they said. Shanghai's B Share Index ended up
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  786 words
    • 312 26 AFP DWPMn -K36 TAIWAN share prices closed 0.72 per cent lower yesterday In a technical correction and after Wall Street's overnight losses, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 64.35 points to 8.891.09 on turnover of NT194.86 billion. "The market is experiencing a technical correction after
      AFP  -  312 words
    • 1931 26 TOKYO AFP Nikkei 22S «JI SHARE prices in Tokyo fell 0.4 per cent yesterday as declines in US shares prompted investors to sell blue chips and information technology shares, brokers said. The key Nikkei 225 Index ended down 65.66 points at 16,914.95. The
      AFP  -  1,931 words
  • Page 26 Advertisements

  • STOCKS klse
    • 7735 27 Cmsmmt prefects >000 Lest Vol Day N«t C«e MN> Leer Cl«nn hH "OOP Mgh L— P/t $mK 420 310 Ajlnomoto 390 -2 3 370 350 19.1 H1.9 JS5 AngMse 66 19 224 70 66 97J 670 290 ApoHo Food Hlq 444 4 3 450 442 10.6 177.6 3350 2700 8AT50C
      7,735 words
    • 376 27 AFP Q Composite Index +<L 56 MALAYSIAN shares closed 0.8 per cent higher yesterday on bargain-hunting in selected blue chips, dealers said. They said seUing pressure lessened as the selling programmes of some institutional players are now complete. The Kuala Lumpur Stock Exchange Composite Index
      AFP  -  376 words
  • Page 27 Advertisements

  • SGX clob & regional stocks
    • 2797 28 BOHPS&WABBAMTS Junl3 *t 6Ms »W b**y U«M LMt M 8* HlWllll i<i MCm U» Mm Mta I Mi «ar- rani Lot »OT«r Mto Mm IMklMk Ma «m*aT UN 50 >6.5 i~AcmTl»K)W724 19.5 56 21 19 19.5 20 2 1 4J.0 1 300 *6 6.15 O 59 7.9 S AIITiCh W*****7
      2,797 words
    • Article, Illustration
      751 28 AFP P SET Index -5.71 THAI share prices closed down 1.7 per cent yesterday in thin trade following declines in regional markets and falls on Wall Street overnight, dealers said. The Stock Exchange of Thailand (SET) Composite Index shed 5.71 points to close at 334.99, while the SET 50
      AFP  -  751 words
    • 278 28 AFP Composite Index *(122 PHILIPPINE share prices closed barely higher yesterday in directionless trade due to an absence of fresh trading incentives, brokers said. The Philippine Stock Exchange Composite Index finished 0.22 points higher at 1,522.15. Monday was a public holiday.— AFP >W» (HO MRC Ailed 0.50 unch 10
      AFP  -  278 words
    • Article, Illustration
      685 28 AFP {j| O*npo6ito Index -7J7 INDONESIAN share prices closed 1.6 per cent lower yesterday amid a lack of fresh leads and relatively weak regional markets, dealers said. The Jakarta Stock Exchange Composite Index closed down 7.67 points at 468.36 on trading of 278.1 million shares valued at 396.14 billion
      AFP  -  685 words
    • 273 28 AFP QNXSE-40 Hi THE NZSE-40 Capital Index closed up 4.5 points at 2,064.91 on steady turnover of NZ$lO6 million. The share market was "a little bit mixed" but investors were still consistently buying the market leaders, ABN Amro Equities institutional sales head Nigel Scott said. —AFP jma as *t-
      AFP  -  273 words
    • 524 28 AFP PAflOrfaariw -30J THE All Ordinaries Index dropped one per cent or 30.6 points to 3,071.3 while the SP/ASX 200 slipped 32.7 points to 3,113.8. Turnover totalled 567.57 shares worth Asl.7 billion with falls outnumbering rises 893 to 512. The All Industrials Index was 58 points lower at 5,388.4
      AFP  -  524 words
    • 288 28 AFP P Composite Index -4L36 THE Korea Stock Exchange Composite Index closed down 41.36 points at 804.45. Volume was 425 million shares worth 3.4 trillion won. —AFP JwQ A nam Sami U500 -1100 Brttr Tactl 990 -SO Cantrai Bank >700 -170 Own Canon >***** -9000 DM C« Bank 2245
      AFP  -  288 words
  • Page 28 Advertisements
    • 49 28 iNvcsTiNffiicrl IPO. Shares. Bonds. Stocks. Annual Reports. J• -4 I I Whatever you're offering, we help you reach out I ■j^^—- 11 I #7% all a< urts n Singapore dally. 1 ,gaa "■•••■'■■Nl s-jp 4 _J The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Hurasu 1800-741-1883
      49 words

  • 6418 29 SGX MAENBO&RD Transaction date. Jun 13 Or Or MM 52-wk LmI V4 Day Laat Owta wv Mr VW Mt C« Aj MM> L— C— *af *h POOP) W|> t— K> .82 101 hi c AcmtSOc 120cd l 55 121 n9 l»9. 5 43 21 2t ?Sj 84 21
    6,418 words
  • Page 29 Advertisements

  • ARTS festival
    • Article, Illustration
      504 30  -  Spring Day is cheerful despite threatening undercurrents, says FELICIA YAP FELICIA YAP DONT expect any rational answers as Spring Day unfolds before your eyes—a mind searching for some clear-cut logic would probably come away beftiddled. In this deceptively cheerful yet profound piece of contemporary dance presented by Japanese
      504 words
    • 564 30  -  Malaysia's offering, A night Delayed, succeeds in entertaining the audience By Parvathi Nayar WHEN you have pretty much everything you need in life, all that's left is to talk about it. Endlessly. Such is the observation of Puan Fatima (Azean Irdawaty), the quintessential "Auntie" and acerbic
      564 words
    • 207 30 TODAY Ifklafnnt iMUeleel Where: Drama Centre, 9.30 am and 2pm, tickets at $12 Peking Opera Troupe Of Bering Where: Kallang Theatre, Bpm, tickets at $22, $32. $42 and $52 D.A.V.E (Austria) Where: Jubilee Hall, Bpm, limited tickets at $22, $32 and $42 Warsaw Philharmonic Orchestra (Poland) Where: Victoria
      207 words
  • Page 30 Advertisements
    • 156 30 congratulations Facility, ClenßßHHybii Sooth Street and AoreJß Microelectrtl feuticals IndusS HRrKt, UK. WBA L fL J» -msad HBBBBMIWIWMWBB 1 w >jgß| t .^w'j i JfsEMHQ Jfe. J^r* W yy DeottHMßiaLtfc, nUCEt HpaflQCflu Engineering CMm 1 i r F*x: 06 10 644 *****18' 111 l|ll 111 I rnmrn nil KiiwM: NtaHlyunOhqoMMMi
      156 words

  • Page 31 Advertisements
    • 580 31 Where to wine, dine and entertain../""? Hl®®®® Feast on New Zealand Rock Ovtm, Scallops, Clams, Cnrrfish then head for the open kitchen for Seafood Siewm, Sptcy Crab and more. An added bonus is our Japanese comer, featuring fresh Sashimi, Sushi, Ebi Temfmu, Yah Udon, Tim Terryob and many others. £30
      580 words
    • 162 31 t Sarour the (faiinilk cuuinc of the South of France at the Top of the 'M' KevoMng Kfaaurant, V specially brought to you by our Sous Chef; Stephane Hene. d Come, hm your icadcnm at Wot -*ot IRENDEZVOUS I FRANfAIS 1 at the Top Of The 4 M' 12 30
      162 words
  • Page 31 Miscellaneous
    • 1094 31 (fKVH'Kf CROSSWORD 4.00 Smart Guy. 230 Response TV. LOO B Tonight. [i I 3 I [3 I |HT I t« I Ft T H 430 Cinema, Cinema, 330 TV Innovations. 130 Cheer Up Japan, (r) BH MM AM Kids Central: The Cinema. BUM Mastura. 2.00 to 6.00 am Real-time ~~~~HH
      1,094 words

  • MONEY matters
    • 858 32  -  CURRENCIES Positions are being adjusted ahead of Jap polls, Fed meeting larry wee WITH the US dollar struggling somewhat, more crosstrading could be on the agenda possibly favouring units like the euro and the Australian dollar against the Japanese yen as positions are adjusted
      Source: Reuters; Source: H  -  858 words
    • 815 32  -  Poor demand, global market uncertainty cited as near-term dampeners By Hsin-Li Chia The author is Asian markets strategist, JP Morgan. The article is not an invitation to invest. BT and its contributors will not be held liable in any way. IN recent
      815 words
  • Page 32 Advertisements
    • 60 32 .what's. jamte y®2£: 4 :j iMML dii r>f iPi'l-SMb IHRV Iff J'l l m AI M flJ2|Bj'/ ..^>*t <■ jflL A K J■ H i 1 f f,«HH ~SIS HKI m s w* M Z _•>. lj, fiji Yiti^nHng i V Itt 1 F^^^^^TCKg|g|[ V a i A i ft
      60 words

  • SHIPPING TIMES
    • 270 33 Bridge News Reuters The Baltic Dry Index (BDI) rose two points to 1,566, the Baltic Panamax Index firmed six points to 1,593, the Baltic Handy Index dipped one point to 1,128 and the Baltic Capesize Index was unchanged at 1,986. At 1250 GMT, Biffex was unchanged and tradeless.
      Bridge News; Reuters  -  270 words
    • 255 33 ma M w CWT Dtttrlbution —0.80 -0.01 23 **1 44g rr«WltLMU 0J2 -0*1 >04 CSHoMnqi 0.66 Wtcft 0 Hal Sun Hup 0.13 -0.02 MCHMnp-HK—5.60 i«dl 0 JayaHoMnqa O.W -OOI 5M KappalCorp 3.78 -at* 607 to* -ox* s Ka»po4 Marina US -0.01 u XMHTM 1.96 -0*2 100 LaSwyMwtna 0J5
      255 words
    • 602 33  -  Damen, buyer of Kvaerner's S'pore yard, intends to continue building Flying Cat ferries By Donald Urquhart [SINGAPORE] Competition in the local shipbuilding industry may soon be intensified as the ink dries on an agreement between the Damen Shipyards Group
      602 words
    • 811 33  -  STRAIT TALE By Seafarer IT is difficult not to have some sympathy for International Association of Classification Societies (lACS) chairman Hans Payer. He has had to withstand the onslaught of critical comment aimed at lACS since the sinking of
      811 words
    • 252 33 Reuters (BOMBAY! Stowaways who hijacked an Italian merchant ship off the Indian coast have been persuaded to give up and the vessel is being escorted to Bombay, a spokesman for India's Coast Guard said. He said the 10 Iranians and four Iraqi
      Reuters  -  252 words
    • PORT Shots
      • 122 33 [LONDON] Forty bulk carriers flying the Cypriol flag are to be checked for longitudinal strength by the flag state as it bids to boost the standard ofiis fleet The ships, all over 20 years old, will have their longitudinal strength modelled by surveyors from Cyprus' CBS
        122 words
      • 32 33 [LONDONI The International Btfafcsr Industry AseociatieodßlA) and UK-b—ed maritime training provider VMeotel Marine International have launched a three-part Basic Bunkering vidso series, moMM en IBlA's existing Bask Bunkering Coarse.
        32 words
      • 46 33 [LONDON] An extra string of three 1,100-TBU ships is to be introduced on the VSAB consortium's weekly Latin America-Europe service. Consortium members Contship, CSAV, PfcO Nedlloyd and Hanss Line are adding the new string to the existing six-ship service doe to increased demand.
        46 words
    • 552 33  -  It wOl aid Korea's Kw&ngy&ng, drop Japan's Kobe from Jane 28 From P T Bangsberg in Manila CHINA Shipping (Group) Co, one of the country's largest and fastest-growing carriers, will restructure its northern China-US services later this month. It will add
      552 words
    • UK-US flights
      • 858 34 Hopes high as government officials meet to discuss giving airlines greater access to each other's airports Bloomberg [LONDON] British and us government officials meet in London today for talks on giving airlines from the two countries greater access to each other's airports, with the industry more
        Bloomberg; FILE PHOTO  -  858 words
    • 290 34 PACE ECU Urn 6 AMI 3 ESPUnes 13 Accord 8 E r rew 6 Ahrenkief 14 foongSun S AppmMp s Frt Links M Asuoct a CLink Austral 8 Gemartrans 6 A»ant M <*»*« 13 rtangMas 8 Global 13 bsa 7 Glory Mav M an M HaSunHup 13
      290 words
    • 20348 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Adv*rt>s*f V«sH Voyaga TH«phor>« ETA ETA Adv*rtisar Vassal Voyag* 'iWom SIN Dtsfn Nam* Nam Numtwr Numt*r SIN D*stn Nam* Nam* Numtwf Numbtr 20/06 06/07 H«0|in ITHA BHUM 504 65-*****35 To ABIDJAN (ABJ) 2003 Cot* D'lvoire wot, mi Ev*rgr*«i itha bhum km 65-*****11 2V0»
      20,348 words
    • SHIPS IN PORT
      • 685 47 Vwtd Voy Mo Berth Afrtwl Iprtn jpH| M km 99 jb QAM/655 HAM/740 M Ma Jay2 ***** JOI 0/06/8:20 0/06/B40 PtaYaal JO QAM/750 HAM/840 21/00 JM 13/04/755 V4/06/840 byiMterlH HOW J02 13/06/1:20 QAM/KM C ktw 12-Jm J09 13/06/850 QAM/KM a SMyaarl IB J02 0/04/950 Q/06/1740 M A Ptn
        685 words
      • 1737 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO SWp Voy Mo Ett/Btr Nrtod t"' Fraw *ac<wr» umn M«mo b/bw iz/w Nc-w a :vww awoc WW Mg S l aww OMM ivmm < bmw b/mw bmw taunus om ivmo i Mm Mm nc-m u bmw ivw* oawoo a bmw
        1,737 words
      • 160 47 Jnlß Malaysia: Prophet Muhammad's Birthday. Brunei: Prophet Muhammad's Birthday. Ml Hong Kong: HK Special Administrative Region Establishment Day. MM Franc*: Bastille Day. MIS Brunei: HM The Sultan's Birthday. Ml 7 Thailand: Buddhist Lent Day. MM Japan: Marine Day. Ufß Germany: Assumption Day. i«xr Indonesia: Independence Day. United Kingdom:
        160 words
      • 751 47 THIS report, compiled by Cockett Ma rtoe OH Lid, tbomt price rangea Id U8 dolkn instead at single prloaa lar a wore nnwanbawlta daanlptluii cf the Market Prloaa aboen are beaad on average alaed atom. Market movements are tndicaiad. The Cockett Bunker Price Index change and
        751 words
      • 463 47 total 100 Ha 990.5 0.7 BJ 0.09 70 0.05 Jm« tartf Mm IhMh Mi MmMm MmI He Movt E25 0 0 1 0 0 4 T T3T 300 AM 1013 02 OA 0.06 48 0.02 tail 300 Mm 99U LO *J> 0.00 98 0.05 ■Wl %W
        463 words
    • AIR & LAND transport
      • 382 48 US AXRWAYS-UMTED MERGER Regulators concerned about reduced competition, interest of consumers AP [WASHINGTON] US Airways and United Airlines will defend their proposed US$4.3 billion (557.39 billion) merger before some sceptical US lawmakers at hearings this week. Airline executives' responses to questions being drawn up
        AP; REUTERS  -  382 words
      • 191 48 Reuters [NEW DELHI] The Indian government will deregulate aviation turbine fuel (ATF) prices by the end of the current financial year, 2000/01 (April-March), a government statement quoted Petroleum Minister Ram Naik as saying. "The minister assured that dismantling of the administered price mechanism would,
        Reuters  -  191 words
      • 276 48 Bloomberg [WASHINGTON] Boeing Co is in line to win a fighter jet contract valued as much as US$B.9 billion (5|15.3 billion) over five years after a congressional review period expired at midnight on Monday, US Navy and congressional officials said. Congress
        Bloomberg  -  276 words
      • 328 48 fig Italian airlinftg may be allowed to fly between US cities and vice versa Bloomberg [TORONTO] The US government might look at letting Canadian airlines fly between US cities and US airlines fly between Canadian destinations, US Secretary of Transportation Rodney Slater said.
        Bloomberg  -  328 words

  • Page 34 Advertisements
    • 1143 34 I I I ryooor I 1 j OTHER DESTINATIONS i w mn wm own mwhm MncoorT I wt IBT I rroun* asc mmawmmV SSTaa" OOQMAM MBM 14/ M I M/M M/M H/V M/V M/V M/V 13/17 H MMJMKAUI 41m|m/m| D/V B/V M/V H/V M/V tl/M 44/ M OOdAMHKA MBIS tl/M
      1,143 words
    • 672 34 Lines services represented by r ®S*"l Marn^3an Rogistry of Members of ihe Accredited Shipping Agenh, Singapore Logistics Singapore Shipping Association Association g UMr UNI MALI rami i I P.UANG sratf MAIi ffl Princess Lity YO4OO 22/06 24/06 02/07 I Empress Lily VO6OO 10/07 12/07 20/07 I- VO5OO 28/07 30/07 08/08
      672 words

  • Page 35 Advertisements
    • 1139 35 TO EUROPE FROM EUROPE Ivtssa voy I sm «tm aim ham itv sou fit vtssa wr roi w iw sou m —um—sm_ mm ss4w is/o* »/o; $/o; t/o; j/oz a* um 20/05 m/os m/osij/os is/oa Ml KB OHW H/M 01/07 04/07 07/07 00/07 KT FEDERAL 324E JO/05 20/05 01/0* 25/05
      1,139 words
    • 1689 35 Cartas* Sanfc* Mfac I Hwyta Wa> *****75 HANJIN SHIPPING I HAH WW SWffWG (S) ftl ITD *****16 ********** SAIK *****7* 730 DOQJNHT *****71 774 OfBUTKMV ********** m» LU< *****5S HI *****4S o>o 11 534t*****M TO NW USA CANADA] US* CAWAPA FM W/VOY IAM ™"3T""™ LM HAU/VOY SIA TtW DO» PM
      1,689 words

  • Page 36 Advertisements
    • 1392 36 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA *aa wrr i ibi mwmMi— m mm. w an m fob mc bib I HAiMN SAVANNAH MOM 14. M M.17 Itl7 M.17 V.V MI7 OWtANB SUCCESS NOW 17 H Kl7 M.17 8.57 M.S7 1» 171 in—— mm aa am mr 11.17 ii.«? ur 1117
      1,392 words
    • 899 36 l IV/ V- J I SOU: (084) *****9 HAMLA: (032) *****24 PENAN* (04) *****36 BANGKOK: <N2) *****87 SURABAYA (31) *****11 KB.AWQ: (03) *****77 JKt. (21) *****45 KUCHWQ fDB2) 42*4>1-3 HO CW MINH MANZAMILLO MV "MEUNH" V.E3160 MV EUROPEAN EXPRESS" V.EUOO 1N ETA SIN: 16-6-2000 ETA SIN: 23-6-2000 MADRAS SANTOS MV
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    • 530 37 jjjj I iHHI I I EXPORT IMPORT ma lwTl rasa vot m oii si l</M M/ 11/>J ll, ,tlwu (n tll mwulwSTfti ttftr H/H nff7B 17R zia.u T gjj m/B jjffi ny/plCTjSir~ tty ITS~ uj > m IPL 1 Sffi |IS |ll£ lißinf 88— i!S §31 ~TIS y. mmgsrn tfH
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    • 552 38 PACIFIC INTERNATIONAL UNES (PTE) LTD lb 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 I I|VB» yyr rw :i* wt mm m la w Ft! We Ia I I Ear -m- ™„> kotartmu rm»s» u/t i/y s/y yy is/y irj I j ivissa vor wc si
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  • Page 47 Miscellaneous
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