The Business Times, 2 August 2000

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Microfilm: NL21902
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 THE BUSINESS TIMES MIT A (P) 035/12/1999 1 SINGAPORE Internet. http://business-times.asial .com.sg/ WEDNESDAY, AUGUST 2, 2000
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  • Article
    Lock icon MARKET SUMMARY
    77 1 Dsn 2,***** (+22.87) BT-SBI ***** (+8.91) STINDEI FUTURES 2.067 (unch) SUCSCI FTJTUIES 27L80 (+1.10) STOCK MARKET INDICES Tuesday Change KLSE OOMP ***** +5.76 NIKKEI 225 16.099.67 +***** HANG SENG *****-46 +66.47 SET INDEX 296.49 +10.82 JAKARTA COMP _489.68 -2.62 MANILA OOMP _L***** -184 TAIPEI WPI 7,***** -***** SEOUL
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  • Article
    Lock icon FINANCE
    77 1 FOREX SATES US* SI £(USS/S$per£) 1.496 2.691 El'RO(US$/S$/E) 0.926 1683 DM 11 IS \m YEN 109.6 1580 RM J.800 2.195 HKS 7.799 4J04 BAHT 41.16 2&77 RUP1AH 8*75 0.019 'Stto 100 units PRIME SATES SINGAPORE* 5.80 KUALAU MPl R 7.67 JAKARTA .1900 BANGKOK ...9.36 MANILA llflt HONGKONG. 8.50 TAIPEI
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  • Article, Illustration
    Lock icon Most CBD sites won't benefit from lower DP
    624 1 exclusive! Pidemco's Market St and Golden Shoe carparks are chief exceptions [SINGAPORE] Most of the leasehold office sites in the Central Business District (CBD) are unlikely to benefit from the government's revamp of the "differential premium (DP)" payable on redevelopment, sources said.
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  • Article
    Lock icon Flextronics buys Chatham Tech for US$590m
    417 1  -  Number 4 contract manufacturer can now qnickly expand capacity to secure contracts, say analysts liy] David Boey [SINGAPORE] Flextronics International is paying US$59O million (551.02 billion) to take over fellow electronics contract manufacturer Chatham Technologies Inc, which is based in Chicago. This gives Singapore-based
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  • Article
    Lock icon Policies, laws to be changed to meet needs of New Economy
    499 1  -  By' Teh Hooi Ling [SINGAPORE] Policy changes aimed at positioning Singapore as a global hub in the Internet economy can be expected in the next few months, including not holding companies that host Internet content legally liable for the
    499 words
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      Lock icon Page 1 Advertisements Column 1
      91 1 msn>E Corporate Results Cycle Carriage interim down 66% to $19.3 m. Pg 3 MCL Land's profit slides 31%. Pg 3 KepLand interim profit more than doubles to $59m. Pg4 SembCorp Log interim up 28%. Pg4 Top stories Gus Dur won't be impeached, say Indonesia's top five political leaders. Next Page
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      208 1 CORPORATE TIDBITS THE CEO SPEAKS At this press conference, He S 3 H3triSOM fOf d f.sk <JcJ?ll d v' V I < (-I$U f I» L t*,«* \j> fc I and feel perfectly 3t home And he's initiated a corporate culture that has put his company in Fortune's 100 best
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  • NEXT page
    • Article, Illustration
      Lock icon No impeachment for Gus Dur, say top Indon political leaders
      742 2  -  But problems remain dne to lack of specific pacts at leaders' meeting observers From I Shoeb Kagda m Jakarta INDONESIA'S top five political leaders put on a united front after their historic meeting in central Java yesterday, saying that the
      AP  -  742 words
    • Article
      Lock icon US consumer spending rebounds 0.5% in June
      537 2 Expected slowdown yet to come; manufacturing activity steady in July AP Reuters IN more signs that the economy has yet to slow, consumer spending in the US posted a strong rebound in June after two months of lacklustre growth, while manufacturing activity remained
      AP; Reuters  -  537 words
    • ON THE grapevine
      • Article
        Lock icon More help needed, please
        83 2 THE introduction of a new trading routine by the Singapore Exchange this month to ease bottlenecks at the start of the trading day and to prevent market manipulation at the close is causing a bit of a bewilderment among some players. One dealer said he doesn't
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      • Article
        Lock icon No side-effects
        134 2 LITTLE weight gain, no mood swings, no loss of sex drive and no more unwanted babies that's what Chinese scientists in Shanghai are claiming for a male birth control pill they're researching. Sounds good, considering China must be worried by the fact its population could reach 1.6 billion
        134 words
      • Article
        Lock icon Property market could stay flat
        71 2 HERE'S what BT's on-line readers think of price trends for local property after the URA's second-quarter report on local housing prices. Asked where they saw the property market heading, 26 per cent responded, "I think it will pick up very soon", 16 per cent "just
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    • Article
      Lock icon SGX as good a place as Nasdaq to go public, say industry leaders
      647 2  -  By 1 Teh Hooi Ling [SINGAPORE] Singapore is as good a place as the US to start a New Economy company and a better place to go public than Nasdaq for companies serving this part of the
      647 words
    • Article, Illustration
      Lock icon Hard work speaks volumes
      416 2  -  Getting Personal By Corinne Kerk Who: Kevin Chia Mei Kwang, president and chief executive officer, iSoftel Ages 38 Career path: Armed with a diploma in electronics and engineering, Mr Chia joined the Singapore Navy's communications division in 1982. He handled telecommunications equipment, training and communications command-and-control
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  • CORPORATE results
    • Article, Illustration
      Lock icon Weak rupiah wipes $64m from CCL's bottom line
      625 3  -  Interim earnings down 60% to $19.3 m despite 200% rise in motor earnings By Christopher Tan THE rupiah ruined the day for Cycle Carriage Ltd (CCL). Depreciation of the Indonesian currency wiped a whopping $64 million off group bottom line for the
      SIEW YAW HOOONG  -  625 words
    • Article
      Lock icon MCL Land's profit slides 31% in first six months
      343 3  -  By] Ling Su Ann MCL Land, the property arm of Cycle Carriage, yesterday reported a 31 per cent drop in half-year net earnings to $9.2 million, but its second half results could be lifted if it manages to sell two of
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    • Article
      Lock icon CCL's brand of presscon etiquette
      379 3  -  jaime ee IF you look carefully, an unwritten code of conduct seems to be in practice by senior company executives when they chair a news conference don't yawn, don't slouch and don't mutter "stupid journalists" under your breath because some of them can lip-read. Unless
      379 words
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      Lock icon Page 3 Advertisements Column 1
      256 3 Taking Astra bull by the horns only way out, Pg 4 Hft&k*. This is what golf is all about. You drive IRHIPPHIHP for show. Ever felt the "sweaty palm" phenomenon of fl: <*..v teeing off with more than a dozen pairs of eyes staring at you? I Got the Game?
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Investors cautious despite revamp in differential premium
      372 4  -  Ify Andrea Tan CITY Developments, OUE and DBS Land through Pidemco are likely to be the main beneficiaries of the government's move to cut differential premium charges, analysts say. The performance of property stocks was mixed yesterday, with the property index see-sawing. It
      Source: Bloomberg  -  372 words
    • Article, Illustration
      Lock icon KepLand interim gain more than doubles to $59m
      434 4  -  CORPORATE RESULTS Property company expects full-year net profit to exceed SlOOm target By, Andrea Tan KEPPEL Land yesterday posted a 113 per cent jump in interim net profit to $59 million and said it expected fullyear earnings of more than $100 million.
      ARTHUR LEE  -  434 words
    • Article
      Lock icon UOL raises 6-month profit by 49%
      463 4  -  Turnover down 10%; hotels, investments boost profits By Marissa Chew UNITED Overseas Land (UOL) yesterday posted a 49 per cent improvement in interim net earnings despite a 10 per cent fall in turnover. Thanks to a better performance by its subsidiary Hotel Plaza and
      463 words
    • Article
      Lock icon HK Land's first-half profit down 21%
      507 4  -  From Quak Hiang Whai in Hongkong HONGKONG Land Holdings, the property arm of the Jardine Matheson group, said net profit for the six months to June 30 fell 21 per cent, adding that the group's core earnings would continue to be affected by rental
      507 words
    • Article
      Lock icon SembCorp Log interim up 28%
      383 4  -  Boost from supply chain management and marine divisions By Conrad Raj IMPROVED performances by its supply chain management and marine divisions bolstered interim earnings by 28 per cent for SembCorp Logistics, which yesterday said it was looking at a stock split to boost liquidity. For
      383 words
    • Article, Illustration
      Lock icon MediaRing president Chua steps down
      166 4 CHUA Kee Lock has stepped down as president of Mediaßing for personal reasons, but wiU continue to serve as a non-executive director of the company. His responsibilities as president wiU be handed over to Ng Ede Phang, MediaRing's chief executive, a company statement said yesterday.
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    • Article
      Lock icon Taking Astra bull by the horns is CCL's only way out
      694 4  -  lock siew christopher tan THE bad news never seems to cease for Cycle Carriage Ltd (CCL). First, over $200 million worth of provisions made for its property business dragged it into the red two years ago it was its
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    • Article
      Lock icon Aussie firm Easycall seeks SGX secondary listing
      397 5  -  The company is moving into Net infrastructure business By Catherine Ong AUSTRALIAN-LISTED EasyCall International, a paging operator that is transforming itself into an Internet infrastructure player, win launch its secondary listing in Singapore today with a small public issue to raise up to
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    • COMPANY Briefs
      • Article
        Lock icon iSoftel IPO 9 times subscribed
        111 5 MAINBOARD-BOUND iSoftel's public offer in Singapore closed yesterday with a subscription of 9 times. The homegrown telecom solutions provider had offered 56 million shares at $1.06 each, comprising six miUion vendor shares and 50 miUion new shares. The offer was divided into an international component
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      • Article
        Lock icon Choo Chiau Beng made KHZ chairman
        46 5 KEPPEL Hitachi Zosen has appointed Choo Chiau Beng chairman, effective Aug 7. Mr Choo, aged 53, is also chairman and managing director ofKeppel FELS Energy Infrastructure, chairman of Singapore Petroleum Company and Singapore Refining Company, and executive director ofKeppel Corp.
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      • Article
        Lock icon CEO for BIL Australia
        97 5 Reuters [MELBOURNE] Brierley Investments yesterday named former Mattel Inc regional chief Dan O'Brien as the new chief executive of BIL Australia as the company geared up to become more active in Australia. Mr O'Brien, 44, replaced Don Conway, who retired. "His mandate is to lead BIL
        Reuters  -  97 words
      • Article
        Lock icon Nod for Kay Hian-UOBS merger
        90 5 THE Singapore Exchange has approved the listing of the Newco arising from the proposed merger of Kay Hian Holdings, UOB Securities and the UOB Group's Overseas Stockbroking Interests. Newco wiU be the new holding company of which UOBS and Kay Hian win be whoUy-owned subsidiaries
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      • Article
        Lock icon Poh Lian share issue gets approval
        51 5 POH Lian Holdings said the Singapore Exchange has granted in-principle approval for the listing and quotation 0f7,226,999 new shares to be issued as consideration for the purchase of the right to subscribe for 20 per cent of the issued capital of PT Upton Synergy
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      • Article
        Lock icon Sime Darby Bhd ups Sime S'pore stake
        57 5 AFX-Asia [KUALA LUMPUR] Sime Darby Bhd said its wholly-owned unit Sime Darby Eastern has bought another 62,000 Sime Singapore shares from the open market on Monday, raising its interest from 376.053 miUion shares, representing a 69.16 per cent stake, to 376.115 miUion shares,
        AFX-Asia  -  57 words
      • Article
        Lock icon Star Cruises proposes 4-for-1 bones
        27 5 AFX-Asia STAR Cruises is proposing a 4-for-l bonus issue. Shareholders win vote on the proposal at an EGM on Aug 23.— AFX-Asia
        AFX-Asia  -  27 words
    • Article
      Lock icon Sunright ropes in global technology partner
      377 5 Tie-up with Saber will help customers lower cost of testing and shorten time-to-volome SUNRIGHT Ltd, the world's largest independent burn-in and test service provider, and Saber (Schlumberger Advanced Business Engineering Resources) yesterday signed a strategic agreement to jointly deliver backend foundry services to chip
      377 words
    • Article, Illustration
      Lock icon StarHub plans to go public within 3 years
      567 8  -  Company has already given stock options to all its employees By Teh Hooi Ling STARHUB, Singapore's new infocomm service provider, expects to go public within three years, chief executive officer Terry Clontz said yesterday. "There is a high probability of the company
      FILE PHOTO  -  567 words
    • Article
      Lock icon F&N, Keppel T&T join forces to develop hi-tech business
      424 8  -  By\ Serena Ng FRASER Neave has tied up with Keppel Telecommunications Transportation to explore regional opportunities to buy and develop technologies and launch mobile-com-merce and supply-chain management businesses. The two signed a memorandum of understanding yesterday to explore newbusiness opportunities and
      424 words
    • Article
      Lock icon UOB in US alliance
      171 8 UNITED Overseas Bank has formed an alliance with Fleetßoston Financial through which they will sub-advise on each other's fund investments in Asia and the Americas. UOB said yesterday the alliance would help leverage the partners' investment expertise and distribution strengths in their regions. UOB will distribute
      171 words
    • Article
      Lock icon Koh Bros pays $5.6m to up stake in G&W
      271 9 SPECIALIST construction firm Koh Brothers has paid $5.67 million for a further 3.3 per cent stake in subsidiary G&W Group in a private placement exercise. Koh Bros said yesterday it would buy 16.2 million new G&W shares, representing 15 per cent
      271 words
    • Article, Illustration
      Lock icon Lindblad explains move to oust Metalock chief
      535 9  -  Company founder blames chairman for firm's poor showing in recent years fiy i Conrad Raj METALOCK (Singapore) Ltd's founder Kurt Lindblad has broken his silence in an open letter to shareholders on why he wants to oust its present executive chairman Kuah Kok
      FILE PHOTOS  -  535 words
    • Article
      Lock icon Stratech forms smart carparks venture with Premas
      385 9  -  Stratech, which makes its SGX debut today, will provide its Smart Park technology By Andrew Wee TECHNOLOGY developer Stratech Systems has formed a joint venture with Premas International to supply smart carparks. Premas will own 55 per cent of the as-yet unnamed company
      385 words
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      Lock icon Page 5 Advertisements Column 1
      127 5 r~ ""I I i 1 1 to make yourself heard. What's yours? -a 1 I W&U& 11 1 _1 NH r m *7J K M I jjjH )P^Available at Ericsson Concept Stores M 1 Shop at #01 -01/04 Great World City. Mobile Equipment at #02 05 Cathay Cineteisure Orchard, Safe
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      495 6 StodM Volume SMRT 10c 35,615.000 IPC020C 19,472.000 TT Int 15c 16,882,000 Yongnam 20c 15.733,000 Ionics P$1.00 12,369,000 AddvalTech2.5c 12,123,000 Links Island 10c 8,960,000 ITech4c 8.715,000 Goodpacklc 7,204,000 PNE Ind 10c 7,079,000 Stocks S Chart Semiconductor 26c 69,109,038 *StarCruises10c 44.475,881 PacificCentury 39,428,395 DBSGrp 32,972,136 SMRT 10c 22,933,595 VentureMfg25c 22,821.436 SPH 21,437,961
      495 words
    • Article, Illustration
      Lock icon Tech stocks, properties lift STI but broad market still weak
      551 6  -  I comment STOCKS ven sreenivasan THE Straits Times Index rose yesterday for the second straight session, boosted by an overnight recovery on Wall Street and gains by situational stocks. Technology stocks climbed after Nasdaq's 104-point overnight rise, while property stocks
      551 words
    • Article, Illustration
      Lock icon KepT&T wrt undervalued, with good upside potential
      197 6  -  WARRANT WATCH Ven Sreenivasan THE Keppel T&T warrant rose five cents to $1.06 yesterday on 93,000 units while the underlying stock closed unchanged at $2.08 after hitting a high of $2.17. Volume done was some 610,000 shares. The rise comes ahead of the
      197 words
    • Article, Illustration
      Lock icon ST Engg offers a buying opportunity
      218 6  -  HOT STOCK By Ven Sreenivasan THE stock of defence contractor ST Engineering retraced six cents to $2.62 yesterday on a volume of some 4.8 million shares. Despite the pullback, the long-term technical chart shows the stock remains firmly within an upward channel which started
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    • Article
      Lock icon Market Notices
      154 6 ♦WAH Shing International Holdings announced the resignation of Chan Cher Boon as a director with effect from July 31. ♦SNP Corporation announced the resignation of Richard Hale as a director with effect from July 31. ♦GUL Technologies Singapore will hold its EGM on Aug 15 at 10am, at
      154 words
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      Lock icon Page 6 Advertisements Column 1
      156 6 Only One Courier lets you know the moment your shipment arrives Has your express courier company ever contacted you to say '"...yourshipment arrived safely, thank you for your business"? At One Courier.com. we automatically email I you the moment your shipment reaches its I destination. Because we think good I
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      103 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EICHT. important All applications for units in eigiu must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units and the income from them may fail as well as nse 831 >i;vv>f k
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      124 7 Citibankers j do it better. j For us at Citibank, these Awards are a proud achievement. More importantly, Publication Award Euromoney 2000 Best Bank in Asia they symbolise the importance and quality of the business relationship that we Best Foreign Bon^Hou^ln^ingapore Best Foreign Equity House in Singapore r Asiamoney 2000
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      188 8 it I I f I*l i -**m I I 11 I -K v I ><* B> ma SB KB ■9 wmu If i I I If B2 M> I Kr I f jr~ iif Bhi 11 i P*'^" J dK, Ilia 1 4ft iyi ji"'^|^ ■■mmtMM&M 'fMiL K| H4W ft\ilij?s
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  • Page 9 Advertisements
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      Lock icon Page 9 Advertisements Column 1
      169 9 This announcement appears as a matter of record only August 2000 I stratech systems limited I (Incorporated in the Republic of Singapore on 19 November 1996) I Invitation in respect of 66,770,000 Ordinary Shares of $0.05 each I comprising 53,417,000 New Shares and 13,353,000 Vendor Shares I as follows:- I
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      Lock icon Page 9 Advertisements Column 2
      829 9 stratech systems limited (Incorporated in the Republic ot Singapore on 19 November 1996) Invitation in respect of 66,770,000 Ordinary Shares of $0.05 each comprising 53,417,000 New Shares and 13,353,000 Vendor Shares as follows:(1) 15,600,000 Offer Shares at $1.10 for each Offer Share by way of public offer; and (2) 51,170,000
      829 words
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  • MONEY matters
    • Article, Illustration
      Lock icon Reprieve possible for regional units
      1023 10  -  •licomment CURRENCIES Indonesia's MPR meeting a key, but weak baht, peso will temper recovery larry wee Renewed jitters about higher US interest rates during the past week forced new lows for the Thai baht and the Philippine peso. And further afield, US-dollar bulls have been
      Source: Reuters; Source: Hy  -  1,023 words
    • Article, Illustration
      Lock icon MAS' Sing $ stance signals tighter monetary policy
      934 10 MAS' Sing stance signals tighter monetary policy US$ likely to move towards 551.6950 by year-end THE Monetary Authority of Singapore announced last Thursday that it will allow a gradual and modest appreciation of the currency. The MAS is less prone to making off-the-cuff remarks than some other central banks. So
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  • Page 10 Advertisements
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      Lock icon Page 10 Advertisements Column 1
      372 10 I I Keppel Land Limited I I (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE HALF-YEAR ENDED 30 JUNE 2000 I The Directors advise the following unaudited results of the Company and the Group for the half-year ended I 30 June 2000: COMPANY GROUP I 2000
      372 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon FairPrice building $80m food distribution centre
      421 11  -  Thomson facility for fresh and frozen foods to be completed by year-end By Bryan Lee NTUC Fair Price Co-operative Ltd, which yesterday announced a $1 billion annual turnover, is building an $80 million fresh and frozen food distribution centre. The centre, which will be
      FILE PHOTO  -  421 words
    • Article, Illustration
      Lock icon Jennie Chua becomes chief fund-raiser
      272 11  -  COO takes ever from Richari Eq a* chairman of Community Chest By' Tan Su Yen SHE dances, she sings, she acts, she sits on 28 company boards and she's a hotelier par excellence. Now Jennie Chua, the irrepressible president and chief operating officer of Raffles
      FILE PHOTO  -  272 words
    • Article
      Lock icon Tong Chuan up for en bloc sale
      208 11 FOLLOWING in the footsteps of their neighbours at Sea Breeze Apartments in Marine Parade, the owners of Tong Chuan Mansion are putting up their 24 apartments for collective sale. Assuming the 20,166 sq ft freehold property fetches the $473 to $532 per square
      208 words
    • Article, Illustration
      Lock icon Credit card billings up in Q2
      322 12  -  i?n ontneeconomy retail tiy\ Serena Ng CREDIT card billings in Singapore rose 18 per cent in the second quarter of this year to $2.57 billion, against $2.18 billion in the same period a year ago. Figures from the Monetary Authority of Singapore cover all
      Source: ???  -  322 words
    • Article, Illustration
      Lock icon July PMI shows manufacturing growth still robust
      478 12  -  Index rises 0.4 point on increases in new orders, production and employment Ity Eugene Low INCREASES in new orders, production and employment kept the Purchasing Managers' Index or PMI well above the 50-point threshold in July, indicating the growth of Singapore's manufacturing sector
      Source: S  -  478 words
    • Article
      Lock icon Immigration website gives info on foreign tenants
      117 12 LANDLORDS will now find it easier to verify the status of foreign tenants. From yesterday, they can check if their tenants are staying in Singapore legitimately via the Internet. Singapore Immigration and Registration and the Manpower Ministry yesterday said that landlords could go
      117 words
    • Article
      Lock icon Theme park idea for Sentosa to draw visitors
      261 12  -  Annual arrivals can go np to 5-6 m, says advisory panel toJ\ Bryan Lee SENTOSA has the potential to become a world-class family leisure destination. This is the consensus view of the international advisory council that was commissioned to advise the Sentosa
      261 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      166 11 .1 rt: i.fl Infinite Vision. You've been looking all this while. But now you shall see. And the ecßeans™ Product Suite future never looked so clear. Because now, the visionary in you can proceed with masterplans you never dreamed possible. Finally. Tradeßeans™ Empowers your 828 e-marketplace and online procurement. ecßeans™,
      166 words
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      181 12 Due to a change of business practice, our Jewellery Division will be closing down. All Jewellery MUST BE SOLD. BULK WHOLESALE JEWELLERY CLEARANCE All Jewellery will be laid out in bulk lots. Bidding will be placed on lot cards. Highest bid will secure. Bids offered for complete clearance sale will
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      Lock icon Page 12 Advertisements Column 2
      26 12 FREE! If you have found something, you can advertise for free in Classification 821(Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. CATS. Another Classified Service
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      Lock icon Page 12 Advertisements Column 3
      207 12 The Singapore 1000 and Singapore SME 500 lists the nation's only annual performance ranking based on financial results. Are you ready to be counted? To qualify fof SIOOO, your company must: a) be registered with the RCB as a limited or private limited company. (for exempt private limited companies, only
      207 words
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  • MAIL bag
    • Article
      Lock icon Hotel focus for Raffles Hldgs makes sense
      285 13  -  Peter Kwok I congratulate The Business Times on Kalpana Rashiwala's article "Raffles Holdings would be better as pure hotel stock" (BT, July 28). The company's business strategy, explained in the article, was painfully elaborated at a briefing on Wednesday and extracted from the
      285 words
    • Article
      Lock icon Dreams card not so enticing, after all
      177 13  -  Cecilia Song Poh Suan MY husband and I were pretty excited by the offer of the "Dreams" card. Looking at the fine print, however, we decided we were better off without the card. As existing Star Hub Lite Plan subscribers, our monthly phone
      177 words
    • Article, Illustration
      Lock icon Will buying unit trusts ease financial woes?
      198 13  -  Chua Joo Koon I REFER to Leong Sze Hian's letter "Shortfall or surplus at age 50?" (BT, July 31). While I did not read the two articles mentioned in the letter, my conclusion based on past press articles is that almost every one
      FILE PHOTO  -  198 words
    • Article
      Lock icon Be more flexible over citizens who migrate
      129 13  -  Charles Chan I AM at a loss to understand one aspect of Singapore's policy. One minute, the government encourages Singaporeans to return and professionals from other countries to migrate to Singapore. And the next minute, it sends letters to Singaporeans who decided to
      129 words
    • Article
      Lock icon No incentive for brokers to keep research teams
      522 13  -  Narayana Narayana 1 REFER to your article "Research and the brokers" (BT, July 19). It focuses on the necessity for quality research, and rather secondarily on its utility value. Because of the high cost of maintaining a research team, as you rightly
      522 words
  • Page 13 Advertisements
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      245 13 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
      245 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Towkays can power drive to New Economy
      702 14  -  mm bottom line OPINION toh han shih The writer is a BT journalist IN April, The Sunday Times featured local comedian Najip Ali as an example of the New Economy. Why is Najip the embodiment of the New Economy? If s been said
      702 words
    • Article
      Lock icon IN OTHER WORDS
      97 14 If you don't know what you're supposed to know, we'll make sure you do early before it's too late.' George Bosh Jr US Republican presidential candidate, discussing US education policy. His syntax is being described as "naturally incoherent 'He speaks and sings in Russian, knows Russian poems
      97 words
    • Article
      Lock icon Indonesia's leaders must unite
      595 14 EDITORIAL At long last, Indonesia's top five political leaders have agreed to rededicate themselves to working together, in an attempt to defuse the widespread political tension that has roiled the markets and the entire country. "We are aware that the conflict between the elite will not
      595 words
    • Article, Illustration
      Lock icon Viet stock exchange: better late than never
      1306 14  -  Opening of bourse is part of Vietnam's bid to restructure corporate sector and revive its economy Nick Freeman The writer is a fellow at the Institute of South-east Asian Studies (ISEAS) in Singapore JULY has been an eventful month for Vietnam. First the
      FILE PHOTO  -  1,306 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      861 14 The Daily Telegraph London The Camp David act CONTRARY to what US President Bill Clinton wanted the world to believe, the Camp David discussions had no chance of reaching a definitive peace agreement. Because Israeli-Palestinian differences are irreconcilable, the purpose was rather to create a new
      The Daily Telegraph; London  -  861 words
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  • MALAYSIA news
    • Article
      Lock icon UK firm National Power pulls out of M'sian plant
      565 15 KUALA LUMPUR It cites refinancing risk in not taking np a stake in the Kapar power station Reuters BRITISH National Power has pulled out of a multi-billion-dollar Malaysian power project because of risk associated with the project's refinancing. National Power's withdrawal
      Reuters  -  565 words
    • Article
      Lock icon Companies under probe for misusing minister's name
      114 15 KUALA LUMPUR Bernama SEVERAL companies inaugurated by the Domestic Trade and Consumer Affairs Minister Muhyiddin Yassin have exploited his name for their selfish ends, the ministry said. They took advantage of the minister's name, pictures of their opening and the minister's foreword in
      Bernama  -  114 words
    • Article
      Lock icon Merger talks still on: AMMB
      89 15 KUALA LUMPUR AFX-ASIA NEGOTIATIONS on the merger between the Arab-Malaysian banking group and the Utama banking group are still ongoing, The Star quoted Arab-Malaysian banking group chairman Azman Hashim as saying. "The talks are still ongoing. There is a lot of goodwill on both sides,"
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    • MARKET moves
      • Article
        Lock icon MMC up on news of Malakoff stake
        96 15 Reuters INVESTORS bought into Malaysia Mining Corp (MMC) yesterday, with MMC rising 7.2 per cent to RM2.24 on news of its acquisition of a 22.7 per cent stake in power producer Malakoff Bhd for RM744 million (*****.4 million). Malakoff ended five sen up
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      • Article
        Lock icon Foremost ends 27% above IPO price
        43 15 Reuters MARKET debutant Foremost Holdings ended at RM2.16 on the day's second highest volume of 5.48 million shares, 27 per cent above its initial public offering price of RM1.70. It hit an intraday high of RM2.40. Reuters
        Reuters  -  43 words
    • Article, Illustration
      Lock icon MAS soars on report of RM8 price for stake sale
      287 15 THE share price of Malaysian Airline System (MAS) soared 5.5 per cent to RM3.86 following a news report that a major shareholder may sell its stake in the national carrier to Qantas Airways for RMB per share. But volume was
      AP  -  287 words
    • Article, Illustration
      Lock icon KL letting interest rate rise to ward off inflation: analysts
      618 17 KUALA LUMPUR Bank Negara seen as making move ahead of likely hike in petrol prices Reuters MALAYSIA'S central bank is showing signs of nervousness by allowing short-term interest rates to jump to ward off inflationary pressures ahead of a likely
      Reuters; AP  -  618 words
    • Article
      Lock icon M'sia posts RM4.9b trade surplus
      130 17 KUALA LUMPUR AP MALAYSIA recorded a trade surplus of 4.9 billion ringgit in June, up 18.8 per cent from the previous month, the Bernama news agency said yesterday, quoting the Statistics Department. It was the 32nd month of trade surplus and achieved as a result
      AP  -  130 words
    • Article
      Lock icon Safuan completing reverse takeover of Promet: report
      641 17 KUALA LUMPUR New entity will be a major player in the property market CONSTRUCTION company Safuan Group Sdn Bhd is in the process of completing a reverse takeover of Promet Bhd and at the same time assuming its listing status, the New Straits
      641 words
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      177 15 A Timely Token of Our Appreciation To Al I Owners of the Reverso Many have chosen the Reverso for its elegance, authenticity and craftsmanship, but above all else, for its unigueness. In recognition of your loyalty, we offer you an exclusive opportunity to personalise your treasured timepiece. For the limited
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      208 16 p.a. (6 months' tenure, SS3ooomin. deposit) The good news is, finatiQ's fixed deposit rate is higher than most out there. The great news is, it can get even higher. Thanks to our unique pooling system, the more funds we collect during the open period*, the higher the interest rate will
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      210 17 Ml Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. t Another Classified Service I Attend the Only Event that Addresses Most Up-to-Date Information on Contamination Control and Data Storage Technology! the Rigid Disk Drive and Meet a wide variety of exhibitors and
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      67 17 WEKFHILW Youn e v e r JW actually own a Patek Philippe. You merely look after it for the next generation. officer s caiatrava ref 5022 by Patek Philippe The HourGlass B QUALITY TIME SINGAPORE THE HOUR GLASS Takashimaya S.C. Tel: 734 2420 Scotts S.C Tel: 235 7198 Lucky Plaza
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  • REGIONAL news
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      Lock icon Car bomb kills 2 at Manila envoy's home
      644 18 JAKARTA Jakarta links attack to Muslim unrest in southern Philippines AP Reuters A POWERFUL car bomb killed two people, injured the Philippines ambassador and ripped apart his car as it entered his home yesterday, police said. Ambassador Leonides Caday and his chauffeur
      AP; Reuters  -  644 words
    • Article
      Lock icon Airline chiefs told to quit over delay in Sihanouk's flight
      245 18 MPHNOM PENH Hon Sen fames as fuel spill affects King's departure Reuters CAMBODIAN Prime Minister Hun Sen yesterday demanded the resignations of the chairman and vice-chair-man of the national airline after a fuel spill delayed a flight King Norodom Sihanouk
      Reuters  -  245 words
    • Article
      Lock icon Bank Bali to make 99-for-1 rights issue
      274 18 JAKARTA Reuters INDONESIA'S troubled PT Bank Bali, which recently had its recapitalisation plans approved, said yesterday it would issue up to 66.53 million new shares in a 99-for-l rights issue priced about 80.5 rupiah a share. Late last month, Parliament approved Bank Bali's
      Reuters  -  274 words
    • Article
      Lock icon Indonesian H1 exports up 35% to US$29b
      182 18 JAKARTA Reuters INDONESIA announced a hot export performance for the first six months of the year yesterday, with shipments rising 34.95 per cent to U5529.27 billion (5550.6 billion) compared with the same period last year. The state statistics bureau also released figures that
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      101 18 ■■■■■P.;I 'i I I'd like to create a permanent dent in my fiifS| couch while letting sitcoms rot my brain. m ,Jfe <t I ,f< rather use m y brain to help create I »U|j^H |PJ an interactive newspaper that encourages I r views on real real-life topics. m Hm'v>
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  • e-NEWS
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      Lock icon 3Rd Frontier carves technology niche
      857 19 FAST Financial e-commerce software start-up is holding its own against IT multinationals 3RD Frontier Solutions is a Singapore start-up whose technology has beaten that of IT multinationals. 3Rd Frontier supplies e-commerce software to the financial industry. "In all the contracts we competed for, large IT
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      Lock icon Tom.com loss more than doubles to HK$148m in Q2
      462 20 HONGKONG Loss attributed to heavy investment in branding and platform building AP Reuters AFXAsia TOM.COM, the web portal owned by Hongkong tycoon Li Ka-shing, announced yesterday that net losses for the second quarter to June more than doubled from the first
      AP; Reuters; AFX- Asia  -  462 words
    • Article
      Lock icon Japanese chipmakers to use Net to save on costs
      359 20 TOKYO Bloomberg SONY Corp, NEC Corp and other semiconductor makers say they will pass on the cost savings of selling components over the Internet to industrial customers. Sony, the world's second-largest electronic appliances maker, said it would begin selling microchips and
      Bloomberg  -  359 words
    • Article
      Lock icon Asia-Pac to have 40m Net users by year-end
      222 20 SINGAPORE AFP THE Asia-Pacific region outside Japan is expected to have 40 million Internet users by the year-end, with electronic commerce worth US$7.3 billion (5512.6 billion), according to research released yesterday. China will account for the highest number of online users, pushing
      AFP  -  222 words
    • Article
      Lock icon Goldman now targets the merely wealthy as well
      392 20 NEW YORK New Net service to cater to even clients with just USssm Bloomberg GOLDMAN Sachs Group Inc is going online to chase the merely wealthy, instead of the super-rich, the 131-year-old firm now serves. As part of an effort to drum
      Bloomberg  -  392 words
    • e Briefs
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        Lock icon DoCoMo to link up with PlayStation
        71 20 Reuters [TOKYO] Sony Corp and NTT DoCoMo Inc yesterday revealed plans to develop services linking their blockbuster products DoCoMo's i-mode Internet access cellphone and Sony's Play Station game console. Details of the new services were to be announced at a joint news conference later,
        Reuters  -  71 words
      • Article
        Lock icon German 3G bids inch up slowly
        64 20 Reuters [MAINZ, Germany] Bids in a crucial German auction for high speed, third generation cellphone licences inched higher yesterday. Round 11 of the auction for the four to six UMTS (Universal Mobile Telecommunications System) licences had raised just 2.5783 billion marks (Ss2.l billion) by
        Reuters  -  64 words
      • Article
        Lock icon Commerce One in venture capital fund
        75 20 Bloomberg [PLEASANTON, California] Commerce One Inc, a software maker and consulting company that helps create online marketplaces, has joined five venture capital firms to begin funding promising Internet commerce startups. The new fund, called Commerce One Ventures, has an initial commitment of US$lOO million
        Bloomberg  -  75 words
      • Article
        Lock icon Jerry Yang on Cisco board
        56 20 Bloomberg [SAN JOSE, California] Cisco Systems, the world's largest maker of computer networking equipment, said on Monday that Yahoo! Inc co-founder Jerry Yang and Cisco chief financial officer Larry Carter joined its board. The board elected Mr Yang and Mr Carter last month to raise
        Bloomberg  -  56 words
      • Article
        Lock icon Glitch in Barclays Internet banking
        83 20 Reuters [LONDON] British bank Barclays on Monday said it shut down its Internet banking service, after a glitch in new software allowed some users to see other customers' accounts. The security breach was discovered after the bank launched an upgraded Internet service on Saturday night.
        Reuters  -  83 words
      • Article
        Lock icon Equant posts US$5.3m Q2 loss
        78 20 Reuters [NEW YORK] Equant, the high-speed communications network company, on Monday posted a second-quarter loss and lower profit margins even as strong customer demand for data services pushed revenues up 47.3 per cent. The net loss for the quarter, including a credit for share plan
        Reuters  -  78 words
      • Article
        Lock icon Motorola files suit on software sale
        76 20 AFX-Asia [SCHAUMBURG, Illinois] Motorola Inc said it had filed lawsuits in federal courts in in California, New Jersey, New York and Texas states to halt what it described as the illegal sale of its radio software on the eßay auction website. The suit named
        AFX-Asia  -  76 words
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      364 19 asia-hotels.com ASIA'S INTERNET HOTEL GUIDE AND RESERVATION SYSTEM I- i Js i 'J.- i i* is iji l 4'. rr >*«"?- ji'S f jtWf* mm jm■ mfw w nightare The Housing Development Board is pleased to invite tenders for the sale Lond Porc©l Hougong of two parcels of State land
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      254 20 HTony Buzan: wwwsimedu ss How to Get More of it g in Your Organisation September 12 13 Ml ap into the vast thinking potential of your brain and harness the intellectual capital in your organisation. Spend two days with Tony Buzan and unlock the potential of your greatest resource your
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      11 20 ■today®!*** tl lianhe Zaohao dot.cpm companies W/o m 7n? B Lj/1
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      155 20 Since 1975 our worldwide over 275 multi-disciplined professionals Ja 1 Y W '"eluding lawyers, chartered accountants. V'Wj 4 K chartered secretaries and bankers have j k|p provided confidential and cost effective 1 JS company formation in all the ma|or low SP 4|R|J tax areas including: Incorporation Fees from USSSOO The
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  • REGIONAL news
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      Lock icon Manila to push pace of govt asset sales
      685 21 NEW YORK Privatisation target was 22b pesos in HI, amount raised so far is only 2b pesos Reuters THE Philippine government will step up its privatisation programme in the second half to combat a burgeoning Budget deficit that threatens to exceed this
      Reuters  -  685 words
    • Article
      Lock icon Philippine exports jump 19.4%, strongest annual rate since Oct
      211 21 MANILA Reuters PHILIPPINE exports rose a strong 19.4 per cent year-on-year in June, a rare bit of good news after a series of bleak economic data, but analysts said they wanted to see some months of sustained growth before revising forecasts.
      Reuters  -  211 words
    • Article
      Lock icon CNOOC to make fresh IPO bid in Q1 next year
      388 22 HONGKONG Move follows USs46om investments from strategic investors, including 6IC FT CHINA National Offshore Oil Corporation (CNOOC), China's third largest oil company, is to make a second attempt at an initial public offer in Hongkong and New York in the
      FT  -  388 words
    • Article, Illustration
      Lock icon Ignoring wails of protest
      91 22 [TOKYO] An inflatable whale with a slogan reading 'Let'spreserve (Japan's) seafood culture'hovering over visitors to an annual whale festival at Tokyo's Tsukiji wholesale market in February. Visitors could buy meat of minke whales hunted in the past year as part ofa scientific programme allowed under a
      AP  -  91 words
    • Article
      Lock icon Penghua, ICBC plan China's first open-ended funds
      245 22 SHANGHAI Reuters SHENZHEN-BASED Penghua Fund Management Co and the Industrial and Commercial Bank of China (ICBC) have signed an agreement to set up open-ended mutual funds, the China Securities newspaper reported yesterday. The two companies planned to complete an operating platform system by
      Reuters  -  245 words
    • Article
      Lock icon HSBC doesn't see quick profits from Net services
      308 22 HONGKONG Bloomberg HSBC Holdings sees its new Internet banking service, launched yesterday, not as a self-contained profit centre but as an alternative distribution channel that could bring in new customers. David Eldon, chairman of Hongkong and Shanghai Banking Corp Ltd said the
      Bloomberg  -  308 words
    • Article
      Lock icon Court okays merger of CyberWorks, HKT
      105 22 AP [HONGKONG] A Hongkong court yesterday approved the merger of the territory's dominant telecoms company, Cable and Wireless HKT, with Pacific Century CyberWorks Ltd, an Internet investment group. The widely expected approval from the High Court cleared the last hurdle for the controversial takeover
      AP  -  105 words
    • Article
      Lock icon On the Marcos stolen wealth trail
      274 22 m MANILA Manila seeks verification of reports that Imelda Marcos tried to recover huge sums in HE AFP THE Philippines has asked Hongkong authorities to verify reports that former first lady Imelda Marcos hired bounty hunters to recover billions of dollars from Hongkong bank
      AFP  -  274 words
    • Article
      Lock icon Rupee hits all-time low against US$
      374 22 BOMBAY Imports, equity sales by foreign funds trigger fall Reuters THE Indian rupee fell to an all-time low of 45.15 to the US dollar yesterday morning. This was triggered by pressure of consumer and industrial imports and equity sales by foreign funds, a top
      Reuters  -  374 words
    • Article
      Lock icon Koo Group to buy BCI's KG stake
      157 22 TAIPEI Reuters TAIWAN mobile phone service provider KG Telecom Co said yesterday its parent company Koo's Group would buy Bell Canada's 20 per cent share in KG for NTSIS billion (*****.6 million) by the end of September. Koo's Group, which owns some 40
      Reuters  -  157 words
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      145 21 V V'.' V V-.,. v V>-V- A v ■v._ in association wrth: strategy media partners: participating sponsors: Forbes 2L™ ORACLE' 0 LEXIS-hCXIS ♦gff Up to 40% Savings at Grand Hyatt Taipei (And they say money can't buy happiness) JT? f JHk 40 W j/fP From June 15 to August 31,
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      95 22 MANY WERE .*m±. f ■l THE TRUTH IS CLEAR Looking for business Opportunities? FRANCHISING2OOO 20-22 September 2000 Singapore International global Convention Exhibition FRANCHISING2OOO Centre (SICEC) v 7 International 200 participants from over Conference, Seminars 18 countries Workshops International brands like 9 22 September 2000 Delifrance, Berlitz, Informatics Kenny Rogers Organiser:
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  • WORLD news
    • Article
      Lock icon World Bank lending dives as financial crisis eases
      277 23 WASHINGTON Disbursements fell to USslBJ>b and new loans to USslsb Reuters AFP THE World Bank halved its lending volumes in the year to June 30, concentrating on small-scale projects and shunning the mega-loans that marked the financial crisis of 1997-99, the bank
      Reuters; AFP  -  277 words
    • Article
      Lock icon Profits and sales of chaebol shrink under new rules
      446 23 SEOUL New method will give clearer financial picture by cutting oat cross-unit deals AFP SOUTH Korean conglomerates saw their sales and profits shrink by up to 50 per cent under stricter accounting rules introduced for the first time this year, financial
      AFP  -  446 words
    • Article
      Lock icon Hyundai units under insider trading probe
      243 23 SEOUL AFP SOUTH Korean prosecutors have launched a probe into alleged insider trading between two financial arms of the Hyundai group, the country's largest conglomerate, reports said yesterday. The investigation has focused on allegations that Hyundai Investment Trust and Securities Co and Hyundai Investment
      AFP  -  243 words
    • Article
      Lock icon S&P warns of credit bust
      376 23 15 nations, including US and China, vulnerable to financial system stresses Reuters [LONDON] Fifteen countries from the US to China are vulnerable to stresses in financial systems which could, in the worst case, lead to a credit "bust", ratings agency Standard Poor's warned yesterday. The
      Reuters  -  376 words
    • Article
      Lock icon Nomura raises bid for Welsh utility Hyder to £495m
      412 24 LONDON Rival US bidder WPD says it may make a higher bid AFP NOMURA International, the Japanese investment bank which led a battle to take over the British Millennium Dome, announced yesterday a revised offer of £495 million (Ssl.3 billion) to
      AFP  -  412 words
    • Article
      Lock icon Hollinger sells most Canadian papers
      486 24 TORONTO Cs3.sb sale to C&nWest will cat the USsl.7b debt of Conrad Black's group FT AFP NEWSPAPER mogul Conrad Black has dramatically scaled back his media empire by agreeing to sell most of its Canadian newspaper assets for C 53.5 billion (Ss4.l billion) in cash
      FT; AFP  -  486 words
    • Article, Illustration
      Lock icon New 500-yen coin to stop counterfeiters
      305 24 AP [TOKYO] Japan's central bank yesterday issued a new 500yen (SsB) coin designed to halt counterfeiters who target vending machines, a übiquitous feature of city streets in this country. The move was prompted by a sharp rise beginning last year in the use of
      AP  -  305 words
    • Article
      Lock icon Aussie interest rate hike may be announced today
      316 24 SYDNEY Reuters AUSTRALIA'S central bank might today just hike interest rates, a move that two weeks ago no one thought would happen. As the Reserve Bank held its monthly policy-making meeting yesterday, analysts said the choice between raising rates now or waiting
      Reuters  -  316 words
    • Article, Illustration
      Lock icon Mori will be out of PM's job by year's end, say some analysts
      827 27  -  Poll shows most Japanese think him 'untrustworthy'; some LDP members seem anxious to be rid of Mori From. Anthony Rowley in Tokyo JAPANESE Prime Minister Yoshiro Mori a lightning rod for trouble so far is on his
      REUTERS  -  827 words
    • Article
      Lock icon Growing fund flows point to better times for Asia
      306 27 LONDON Reuters ASIAN markets outside of Japan, some of this year's poorest performers, could be looking at better times ahead on the back of improving investment flows and glimmers of a soft landing for the US economy. A gentle slowdown in
      Reuters  -  306 words
    • WORLD Watch
      • Article
        Lock icon Alitalia demands alimony from KLM
        82 27 Reuters [ROME] Italian airline Alitalia yesterday demanded compensation from estranged partner KLM over the breakdown in April of their alliance, saying it would not repay a 100 million euros (Ssl6o million) payment made by the Dutch carrier towards its new Milan Malpensa hub and wanted
        Reuters  -  82 words
      • Article
        Lock icon Prudential invests in Seoul firm
        70 27 Reuters [SEOUL) Prudential Insurance Co of America yesterday signed a preliminary agreement to invest up to US$5OO million (SsB6s million) in South Korea's CJ Investment Trust Securities Company, which began operations only nine months ago. Prudential International Capital Group president Stephen Pelletier said CJ's newness
        Reuters  -  70 words
      • Article
        Lock icon UK's ITN launches 24-hr news channel
        66 27 Reuters [LONDON] British news provider Independent Television News (ITN) went head to head with Rupert Murdoch's Sky and the BBC yesterday with the launch of a 24-hour digital television news channel. The ITN News Channel, a joint venture with cable operator NTL, went live
        Reuters  -  66 words
      • Article
        Lock icon Korea posts US$823m trade surplus
        87 27 AFP [SEOUL] South Korea's trade surplus fell to US$B23 million (Ssl.4 billion) in July from US$2.3 billion a month earlier, the Commerce, Industry and Energy Ministry said yesterday. Customs-cleared exports rose 23.6 per cent from a year earlier to U5514.52 billion in July, while imports
        AFP  -  87 words
      • Article
        Lock icon Brussels to abandon forward trading
        97 27 Reuters [BRUSSELS] Belgium's stock exchange said yesterday it will abandon its two-week forward trading system to come in line with operating practices at other European exchanges. The "quinzaine" system, introduced in 1871, has allowed traders to buy and sell stock without having to settle accounts
        Reuters  -  97 words
      • Article
        Lock icon ADX to offer MSCI Australia contract
        101 27 Reuters [SYDNEY] The newly formed Australian Derivatives Exchange (ADX) yesterday said it will base its first equity index futures product on the Morgan Stanley Capital International (MSCI) Australia index. The ADX, which plans to begin operating from Oct 20, will be a rival for
        Reuters  -  101 words
    • Article
      Lock icon Softbank scraps plan to list holding companies
      251 27 TOKYO Reuters JAPAN'S biggest Internet investor, Softbank Corp, yesterday said it had scrapped a plan to list shares in holding companies in each of its five corporate sectors to prevent conflicts of interest. The move, which the firm also said was to retain
      Reuters  -  251 words
    • Article
      Lock icon Single women are the new yuppies: report
      404 27 LONDON They have enormous spending power and remain loyal to trusted brands Reuters PROFESSIONAL and well-educated single women are becoming the biggest consumers in the Western world, according to a new report issued yesterday. "Women living alone increasingly comprise the strongest consumer block,
      Reuters  -  404 words
    • Article, Illustration
      Lock icon Gen Powell marches for Bush at party convention
      727 27 Bush f^Hipaign officials feel the general is a good ally NYT [PHILADELPHIA] The Republican Party put on a newly moderate and disciplined face at the opening of its national convention on Monday night as one of the party's most compelling figures, retired
      NYT; AP  -  727 words
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      116 23 AA \l' V'* '*"Vt x v r£fc&v •v, >% -',r V* -v;. v *.'.>.»*■ .> "J t •v 1 *n s I t .k rf .^^su HOW WE SEE YOU. While others see you as an SME. we see you as a partner with the potential to grow. Strategise with
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      1352 24 NOTICES To advertise call 1011-free 1800-741 1883 Fax No: 741 1298 ■■■■MM———■—TlT Mill I TrrM^rmrr THE COMPANIES ACT, CHAPTER SO Section 290(2)(b) NOTICE Of RESOLUTION TFTRA PAK TRADING PTE LTD (In Mwibtfi' Voluntary Liquidation) A) on Extooordinory General Meeting of Tetra Polt Troding Pie Lid hold ot 19 Gul Lan«.
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      225 24 IN THE MATTER Of THE COMPANIES ACT CAP 50 ond T*)OA PTE LTD (In M*mb*r>' Voluntary liquidation) At an Extraordinary General Meeting of Rie abov*nom*d company duly convened and hold at BLOCK 909 FRENCH ROAO #05-168 SINGAPORE *****9 on 25* day of JULY 2000 lh* following Sp*aal Resolutions w*r* pass*d
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      142 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JACKIN SINGAPORE PTE LIMITED (IN LIQUIDATION) NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN that pursuant to Section 308 of the Companiee Act Chapter 50. the Find Meeting of tha Members of tha abovementioned company will
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      73 25 Using our own e-business suite, Oracle saved $1 billion in 1 year. E-business Suite Database Marketing <& Sales Support <gf Webstore <&_ Procurement <2f Manufacturing fif Supply Chain Mgmt I Financials <2f Human Resources How much will you save? www.oracle.com Copyright ©2000 Oracle Corporation. All rights reserved. Oracle is a
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      875 26 .NOTICE To advertise call toll-free 1800-741 1883 Fax No: 741 1298 55^^■ I J, X 0 See Hup Seng Limited (Incoporated in the Republic of Singapore) SEE HUP SENG LIMITED ("SHS" OR THE "COMPANY") ISSUE (THE "ISSUE") OF 33,000,000 WARRANTS ("WARRANTS") TO SUBSCRIBE FOR 33,000,000 NEW ORDINARY SHARES OF $0.10
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      1202 26 TMG Traircit-Mixed Concrete Ltd Incorporated in tIM Republic of Singapore) NOTICE OF TWENTIETH ANNUAL GENERAL MEETING NOTICE B HEREBY GIVEN that me T wen hem Annual General Meeting of Transit-Maed Concrete ltd w* be held at Bafroom 2 level 2 Grand HaraPartooyal Singapore 10 Coleman Street Singapore *****9 on Wednesday
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      477 26 NOTICE IS HEREBY GIVEN that I, CHEE PEK KHAN, 0f435A BukitTimah Road, Singapore *****0, have applied for a Wholesale Liquor Shop Licence in respect of AVANT FINE WINES PTE LTD located at 30 Robinson Road #10-02, Robinson Towers, Singapore *****6, and that this application will be considered by the Liquors
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      356 26 THE COMPANIES ACT, CHAPTER SO Section 290(2)|b) NOTICE Of RESOLUTION TETRA PAK INFORMATION SYSTEMS PTE LTD (In Members' Voluntary liquidation) At on Extroordinory General Mooting of Totro Pok Information Syitomi Pto Ltd hold at 19 Gut lon*. Singapore *****4 on the 27th day of July 2000, the following special resolutions
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      Lock icon Page 26 Advertisements Column 5
      628 26 NOTICE IS HEREBY GIVEN that I, KEITH NG LI HONG of Blk 161, *11-27, Yung Ping Road Singapore *****1, have applied for a Public House. Second Class Licence in respect of M/s Living Ideas Pte Ltd located at 81, Clemenceau Avenue, *01-22/23/24 Singapore *****8, and that this application will be
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  • FINANCE & commodities
    • Article
      Lock icon STI futures end unchanged on quiet day
      288 28  -  SGX Derivatives TnuOhi&Reports ST S'pore Index Chan Yet San THE Singapore stock market yesterday continued its slow rise for a second day. The Straits Times Index added 22.87 points or 1.11 per cent to end at 2,074.08 points. Within the index, 27 counters
      288 words
    • Article
      Lock icon Futures dip 0.3% on stocks' slide
      236 28  -  MSG! Taiwan lodes Chan Yet San THE Taiwan stock market closed lower for the second day on worries of instability within the Taiwan government. The MSCI Taiwan Index lost 1.47 per cent to 353.9 points. Trading volume within the index was 438.95 million shares
      236 words
    • Article
      Lock icon Oil stabilises after Monday's plunge
      188 28 ENERGY REPORT Reuters [LONDON] OU prices went into a holding pattern near 11-week lows yesterday, awaiting key data on crude and refined products stockpiles in the United States. Brokers said the market would also be watching for comment from members of the Opec cartel, some
      Reuters  -  188 words
    • Article
      Lock icon CURRENCY REPORT
      349 28 Reuters THE US dollar was bolstered to within sight of two-month peaks against the yen amid speculation US interest rates could rise later this month and persistent concern about Japan, both economically and politically. Worries about Japan's economic outlook and speculation that more corporate failures may be in
      Reuters  -  349 words
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      1214 28 DfTERBAMK CROSS RATES A$ C$ >wt> Emtq Fir Pw HK$ tod It tat* Von Won KM llBftfcfr hw t) HiK Sft KH BaW Hmt USS Australia 0.861 4.806 0.626 4.104 1224 4.515 26.124 51.965 0-634 6.460 2200 *****0.895 25.977 1.003 4.027 0.968 W.007 ***** 0287 0.579 Canada 1.162 5.583 0.727
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      1781 28 SICOM rUTURBS Aug 1 RUBBER (futures cfcstog as it SJOpn) RSS1 CONTRACTS cMb/kg) ClOM Mm Open Howtfc Mgk Low Sett (ton—») Irtorwt Sep 00 117.75 400 Oct 00 T19.00 Mo* 00 120.25 DecOO 121.50 RSS 3 CONTRACT (Ul cwttfa) Voftme OpM Mowtfc fBffc Low Sttt (tow—*) hrtenwt Sep 00 67.50
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      73 29 TOSHIBA I A "Vl^H ill M m .-< m/ US L Ve pro cgss express copying/printing dazzling image resolution brilliant lull colour swift Ist copy time 1 024 gradations supports the latest Toshiba Inline Colour Printing System 22cpm/25ppm 9600 x 600 dpi output 10-bit scanning *10.3 sec. for ?ach RGB
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  • STOCKS east asia
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      Lock icon HONGKONG
      2749 30 Rate jitters drive investors to seek cover in China shares Reuters FlHangSeng +5M7 HONGKONG blue chips rose slightly yesterday led by China Mobile. But an early rally on the back of surprisingly strong earnings from HSBC Holdings and a pick-up in US tech stocks ran out of steam as
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      Lock icon CHINA
      863 30 UShenxhenß Index +LO3 CHINA stocks ended mostly higher yesterday as investors saw reports of progress towards forming open-end-ed mutual funds as a sign of government support for a long-term bull run. But Shanghai B shares retreated slightly as investors sold stocks in firms suffering interim losses. The Shanghai B
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      Lock icon TAIPEI
      333 30 AFP CIWP Index -130.27 TAIWAN share prices closed 1.6 per cent lower in thin trade yesterday on institutional selling, political concerns, and expectations of negative company results. The Weighted Price Index fell 130.27 points to 7,984.65, below the psychological 8,000 level. "Institutional investors were on the selling side after
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      Lock icon Tokyo surges but investors still wary
      2006 30 TOKYO Reuters QI6Ua22S +***** TOKYO'S benchmark Nikkei 225 average yesterday climbed for the first time in five days, rising more than 2 per cent on broad-based buying and firm gains in high-tech stocks after an overnight rebound on the US Nasdaq. The Nikkei ended
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  • STOCKS klse
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      6281 31 INDUSTRIALS Con mint r prodvds 2000 Lift Vo4 Dav N*t C »n WO L fliw> 5a>e •OOP HH> U» P/I $<— S 3 72.5 71 670 290 Apollo Food Hlg 470 10 3 470 466 IO 2 188 0 2 32 gTclfcu- ig 3 £2 J Iif 208 J55I -ISS
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      Lock icon Malaysian bourse regains 800-point mark
      434 31 AFP Q Composite Index +5.76 MALAYSIAN shares ended 0.7 per cent higher yesterday in a technical rebound after recent losses and some bargain-hunting. The Composite Index closed up 5.76 points at 804.59. The Second Board Index was up 0.69 of a point at 213.75. A
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  • SGX clob & regional stocks
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      3202 32 BONDS WARRANTS m (nh M l«a*T J2-«ee» Leal MM LartOaate A* MM Can Uar Ma< mm N*» Lm Cmwmt Mi ««r- (0001 W# Lot Mr* Safer PHu Mhlkk Mm <%» (mtl LaM 51.5 »6 S Acma ******4 16 5 unch 86 16.5 16 16 16.5 17 41.0 1 300 175
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      Lock icon BANGKOK
      761 32 AFP F1 SET Index +10.82 THE Thai stock market finished 3.8 per cent higher yesterday on bargain-hunting in blue chip stocks due to gains in the local currency, dealers said. The Stock Exchange of Thailand (SET) Index rose 10.82 points to 295.49 and the SET 50 Index was up
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      Lock icon MANILA
      269 32 AFP Q Composite Index -&84 PHILIPPINE share prices fell 0.5 per cent yesterday following a rise in key interest rates. The Philippine Stock Exchange Composite Index declined 6.84 points to 1,410.33. Turnover fell to 917.6 million shares worth 544.21 million pesos. —AFP Pasa COOO) MRC Allied 0.41 -0.09 30
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      Lock icon JAKARTA
      690 32 AFP Q Composite Index -152 INDONESIAN share prices closed 0.5 per cent lower yesterday after a bomb blast outside the Philippine ambassador's residence erased early morning gains, dealers said. The Composite Index closed down 2.52 points at 489.68, off a high of 496.73 on volume of 372.7 million shares
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      Lock icon WELLINGTON
      273 32 AFP QNZSE-40 *iM NEW Zealand shares closed up 0.1 per cent yesterday in active trade following an overnight rise in US stocks. The benchmark NZSE-40 Capital Index rose 2.36 points to 2,106.24. Turnover amounted to a total of NZ$l27 million. AFP M' K$ (OOP) Advantaga MOS 2.59 0.02 93
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      Lock icon SYDNEY
      559 32 AFP Pi All Ordinaries +420 AUSTRALIAN shares edged 0.1 per cent higher yesterday as technology stocks regained some composure under the benign influence of a higher Wall Street overnight. The All Ordinaries Index rose 4.2 points to 3,217.80 points. Preliminary national turnover totalled 544.38 million shares worth A 51.41
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      Lock icon SEOUL
      292 32 AFP PI Composite Index +2L13 SOUTH Korea's Composite Index yesterday rose 21.13 points to 727.10. Volume was 296.1 million shares worth 2.3 trillion won. —AFP ill IN* Arum Semi ***** 600 Br on Tecfl SOS 10 Central Bank 610 unch ChetlCorwri *****0 5000 Dm Cu Bank 2125 25 OaesangCorp
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  • Article
    Lock icon STOCKS sgx
    7698 33 SOX MAMBOARP Transaction date: Aug 1 M-Wfc Last Vat Day Last Ouata c2» Mv vm Nat Cap am HUfc Law «ala COOP) Law B*yar ta«af Pw Pft Prtca MULTHNDUtTRY 2 H a. r* nj u *J sr sasss* —=rai r i& &s r a 26 10.3 i SnMhaaHKiOc
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      48 33 Cash for your shares! Come to us for fast, easy HOTUNE: 880 0688 I ana hassle-free share loans at low interest rates. QINRAPIIRA East Coast: 348 8262 Beach Rd: 292 1459 Up to 70% financing. NdokrwMii.Buu.nm.hiWwie E.t.bu.h.d suce H3o Ang Mo Kio: 458 4222 Serangoon: 299 8855 1
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      169 34 A New Name, A New Horizon The name change follows our recent acquisition of GP Batteries International Limited and Clipsal Industries (Holdings) Limited from our parent company, Gold Peak Industries (Holdings) Limited. Under the new structure, GP Industries is leveraging technological expertise, brand equity, distribution and manufacturing strength. The enlarged
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      290 35 Where to wine, dine and entertain...^<« &w -Absolutely the first card in the world 4545 76 Bras Basah Read. Singapore *****8 Td: 338-8333 Fax: 339-6866 Web-«ite http://www.carlton.com.sg E-mail: Restaurants#Cariton.coaLjg 218 Queen Street, Singapore *****9 I Tel: *****22 Fax: (65) *****33 Website: http://webpro.com.au/oxford/ "1212" LUNCH NtOfIIOTIOH (From 12 noon 2.30pm daily)
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      127 35 available for J private parlies J company dinner and dance I conference I seminar and meeting. M HOTEL GRAND CENTRAL UMITEO 1 22 Orchard Road/Cavenagh Road, I Singapore *****7 I Tat 737 9844 Fax:*****75 1 iCAFE FOMEBLMII Unlimited International Buffet with Specialty Corner Lunch: $19.80 Adult $12.80 Child (Dmly except
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      61 35 jQMPij|a^Uw' Hotel Asia 37 Scotts Road "Mv taste arc simply. am easily satisfied In the best. IIlll\t»ll llllh lull mi 11 ni in mm v. iiThi ScliTl a starter, then a main from our ala-carti' nu-nii lor $35.00. for an additittiuil n5.0(1 \;i\or an irresistihle (It'sst rl as well. shrooms
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      140 35 Join the gourmets and enjoy the tastiest Peking Duck in town. The whole duck is $15 and a half duck is $20. For the whole duck, price includes choice of either Shredded Duck Meal with Beansprouts or Noodles. Available for lunch and dinner. For reservations, please call 432 5543. 'At
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      139 35 lobsters, savoury <<j jjfy* Beef and many more mouth- watering dishes to leave you i BHbB IJHH spoilt for choice. s BEST Lunch: 12 noon 2.30pm Dinner 6.30pm 10.00pm Reservations: 831-6271/88 /Hn/eJktrin iH Sieogamae* 1)1 ()n hard Road. Singapore *****7 let: 717 4411 fax 712 2161 TUg V\gw R*sfry "TVe
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  • Page 35 Miscellaneous
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      960 35 "HlCentral 330 Riding The Tiger. 4J5 Love Is Payable. ILOO Asia Tonight. 900 AM Kids Central Sesa 2*i£ "P fr ™t With Najip. SJO Love At Last. 1130 Inside India. 900 Central. Sesa 430 jjoo MN The"WorldTonight. 10 The Adventures Of Pad- cffieSS "-J® AM Between The Lines. A# dineton
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      327 35 CRTPTTC CROSSWORD n 22 ACROSS without hesitation (9) 1 Many in tatters lagged behind 7 SwaJlow a single cocktail (7) S) 8 Not existing in any locale or douuiet women perhaps, but bty present (7) they're exhibitionists (7) 14 Irresolute fellow changing (9) 9 Step back before minor, lacking 16
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  • THE CEO speaks
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      Lock icon Culture is key to Quantum's chief
      1088 36  -  Corporate integrity and an open environment take centre stage in the disk drive giant's culture, chairman and CEO Michael Brown tells rajughbuam RAJU CHELLAM HE looks a little like Hollywood hero Harrison Ford. He trained to be a classical pianist and now has jam
      SIEW YAW HOONG  -  1,088 words
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      187 36 CEO SPEAKS. UOB PRIVILEGE BANKING LISTENS. j kivi l eg e At UOB P r i v il e g e B an kir»g. we translate every in deposits or unit trust investments. Admittedly, Privilege Banking He >1" 3lR banking CEO's vision into results. Which is why we'll isn't for
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      144 37 Reuters THE Baltic Dry Index (BDI) rose eight points to 1,642, the Baltic Handy Index firmed two points to 1,124 and the Baltic Capesize Index was gained 23 points to 2,207, while the Baltic Panamax Index shed one point to 1,604. At 1245 GMT, Biffex was 20 points
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      Lock icon MARITIME STOCKS
      277 37 ssx efPti •ji CWT Distribution 0.76 -0.02 2 Owan Hup 0J9 -0.01 606 Cosco Inyostmont 0.20 unch 0 FroigM Unto 0.21 0.01 376 OB Holdings 0.65 unch S Hat Sun Hup 0J7 0.01 536 IMC HoMlnqt-HK 5.60 unch 0 Jay* Holdings 0.17 unch 141 koppoifeB- los aol 230s
      277 words
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      Lock icon Pusan terminal to spend 49b won on upgrading
      483 37  -  Hynndai terminal acts to meet strong demand, enhance competitiveness Froml P T Bangsberg in Manila WITH demand rising strongly at South Korea's main ports, Hyundai Pusan Container Terminal, one of the main container terminals at South Korea's Pusan Port, is upgrading its
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      Lock icon Australia to install cameras at major ports
      321 37  -  Asl4m programme aims to crack down on illicit activities By Donald Urquhart [SINGAPORE] The Austraiian Customs Service has announced an ambitious Asl4 million (Ssl4 million) programme to install surveillance cameras at ports across the country. More than 250 closed-cir-cuit cameras will be installed
      321 words
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      Lock icon Woeful tales of shipboard incompetence
      790 37  -  STRAIT TALK By Seafarer EVERY now and then a story emerges that make those of us who thought standards generally might perhaps be edging upwards tear our hair out. There are several such tales in this year's Salvage Association (SA) annual report. One comes from
      790 words
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      Lock icon Move to improve safety on Yangtze
      196 37 Xinhua [WUHAN] China has formed an organisation to improve supervision of shipping safety on the mighty Yangtze River. With the approval of the Chinese Ministry of Communications, the newly-founded Yangtze River Maritime Affairs Bureau will oversee safety on the Yangtze by preventing pollution caused
      Xinhua  -  196 words
    • CONCORDE supersonic jet
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        Lock icon A source of pride and pain
        1025 38 Europe s show jet fuel-guzzler with a range that s too short and too few seats, never made economic sense AP IT'S been a source of pride for its European builders and of headaches for accountants. Sometimes called Europe's answer to America's space programme,
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      Lock icon SHIPPING SCHEDULES INDEX
      305 38 PAGE ECU Line 6 ANL 3 ESP lines 13 Accord 8 Evergreen 6 Ahrenkiel M FoongSun 8 Appenship 5 Frt Links 14 AsiaOCL 13 Fuh 1 Assets 8 6 Link 4 Austral 8 Gemartrans 6 Avant 14 Genshpg 13 B'tangMas 8 Global 13 BSA 7 Glory Nay
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      Lock icon SHIPPING GUIDE
      22537 45 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone »W Destn H— Heme Number Number SIN Destn Name Name Number Number To ABIDJAN /ARj) 2003 Cnfa n'iunir» BUENOS AIRES (BUE) 2060 Argentina ZIM UMGAMG w Jo™? 09/08 04/09 U#,,Mu EXCELLENCE CONTAIN ECOOIS
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        738 51 Vassal Voy No Barth Arrival Deptrtur Jnrwng Nrt MMon T 4 JOS 01/08/6:10 01/08/18 00 Bt W 2692 1320 J01 01/08/8JC 01/08/17:00 Bt Wtsmawali ***** Ml 0V08/8*5 01/08/19"00 IMon star 8 Mar 20 JT7 01/08/9:40 02/08/6:00 BtyswttorTW MOWS J03 01/08/8 SO 01/08/16.00 Tropical 28 MAOO JOB 01/08/9:20 01/08/17
        738 words
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        Lock icon CONTAINER SCHEDULES
        1926 51 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/B«l«nct Rstls Ship Voy No Etb/Btr Ported From To From *a oahua 024t 2/500 jvhoo 31/1454 31/itoo 2* H/H00 0V0454 01/0*00 11/1700 OVOtSt 01/0400 i ovotoo ovist oi/vtoo 4 01/1200 01/1459 01/1700 MUMM 4044 2/SW JI/HOO MM JVMO 2* JVI7W
        1,926 words
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        Lock icon GLOBAL HOLIDAYS
        183 51 Aug 9 Singapore: National Day. Anf 12 Thailand: HM The Queen's Birthday. Aug IB Germany: Assumption Day. Korea: Liberation Day. Aaf 17 Indonesia: Independence Day. Anf 27 Philippines: National Heroes Day. Aoff 28 United Kingdom: Summer Bank Holiday. Aaf 31 Malaysia: National Day. Sep 12 Korea: Harvest Festival
        183 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        774 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
        774 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        425 51 Cwbon 180 Mai 990.8 0.4 18.1 0.08 79 0.04 M 27 Density Hater InMw Ask AMimImw* Sediment No abow £25 0 0 6 0 0 0 1 380 Aw 987JO 0.4 13.9 0.06 38 0.02 bum 380 MM 993.9 17 18.2 0.09 73 0.05 MAri %W
        425 words
    • AIR & LAND transport
      • Article
        Lock icon UK, French experts meet to discuss safety issues
        551 52 CONCORDE CRASH Air France may soon resume Concorde services with remaining 4 aircraft The Daily Telegraph [LONDON] British and French aviation experts on Monday discussed steps that could lead to an early resumption of Concorde flights by Air France after last week's
        The Daily Telegraph  -  551 words
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        Lock icon BA searches for clues to smell of fuel on Concorde
        317 52 Reuters [TORONTO] British Airways said on Monday it was still searching for the cause of a fuel smell that forced one of its Concordes to land in Gander, Newfoundland, on Sunday, five days after an Air France Concorde crashed near
        Reuters; AP  -  317 words
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        Lock icon Power blackout at Sydney airport again
        403 52 Second blackout in a month raises fears whether it can cope with Olympics AFP [SYDNEY] Sydney Airport was brought to a standstill for an hour-and-a-half early yesterday as its second power failure in a month raised fears about its ability to cope with next
        AFP  -  403 words
      • Article
        Lock icon Impending SkyTeam membership a boost for Czech airline
        223 52 AP [PRAGUE, Czech Republic] The planned entry of the Czech national airline CSA into the international Sky Team Alliance will allow the carrier to increase its fleet and expand routes in Eastern Europe, an aviation official said. It will also make Prague
        AP  -  223 words
      • Article
        Lock icon Indian Airlines invites aircraft bids
        160 52 AFX-Asia [NEW DELHI] Indian Airlines has sought tenders from Airbus Industrie and Boeing Co for the supply of between 35 and 41 aircraft at an estimated cost of 90 billion rupees (553.4 billion), an airline spokesman said. "We have already issued tenders to Airbus and
        AFX-Asia  -  160 words
      • Article
        Lock icon Japan starts building offshore airport
        296 52 AP [TOKYO] Despite environmental worries and criticism it is not even needed, workers yesterday began building a 768 billion-yen (5512.13 billion) offshore international airport in central Japan. The Central Japan International Airport, scheduled to open by March 2005 for a World Exposition to be held
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      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1789 52 CITT FUGHT CTA fUCHT ETB MM) AM230 *50 Hwoi VH/S0741 1310 WS0742 0905 LH6381 1850 S0/VN175 1830 StWHTTi 1035 S0230 1850 WW740 MM Aiwt*r6»« RL0643 0435 KL***** 0040 H *T |1 *6407 1540 TG408 1640 S023 0645 KL0838 2255 MM AT97 MS ATM 205 6*979 1035
        1,789 words
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      236 37 Concorde jet: a source of pride andpaln Pg2 Second power blackout at Sydney airport In a month BackPg members... The Driving Force of Singapore Logistics Hub *—!L I international pte ltd WELGROW AGENCIES (S) PTE LTD X Block 219 Henderson Road, L j ¥W ¥4 #04-03 Henderson Industrial Park Singapore
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      1175 38 j NORTH AMERICA EXPORT 1 I OTHER DESTINATIONS 1 SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST ftg (MARQARITA SERVICE 1 vot man roaw ioikkach oauas 'houston cmcagq wwtom moon rnsa I vot I' M rr.o»nAi| acuuua 1 1 eoowro 1 piumph I nmnT'l ""T I OOaCAUMMU tTISM
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      96 38 A SANKYU (S) PTE LTD W 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hong Kong 4 All Cfiira Po«f tevmv tmuw a «uw vkmeli YtSSEL VOY FTP SIN ETA TYO ETA K0» ETA YOU ETA NGO ETA OSA
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      681 38 Lifles sefv <« represented by r em rs Rogisfry of Members of the %ik't&y Accrec,itec Shipping Agents, Singapore Logistics ijy Singapore Shipping Association Association ULY UNI MAUI vfssa vor HA [~eta m p. KUMG SPORE MAU Princess Lily VO5OO 06/08 10/08 17/08 Empress lily VO7OO 24/08 26/08 03/09 Princess Uly
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      1065 39 TO EUROPE FROM EUROPE Ivcsa voy I sw rtm anr ham «tv sou m ta [vpsa vorlim >w hmi wv son m ta s» 1 MX MM2OMTI 030W 03/08 26/08 23/08 24/0# 21/08 HI S34E 09/07 11/07 14/07 IS/07 02/01 HAAS S3BW 04/08 20/08 22/08 25/08 28/08 HY COMMOOORE 326E
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      1670 39 OHANJIN SHIPPING |gyP| itfeMyiUa -Sde *****30 HANJIN SHIPPING (S) PTI LTD h* //m lMj» wit MOUNC *****35 737 SAlfi *****74 731 DOCUMENT *****71 774 OPEttTKWS *****50 751 MAIN UHE *****55 FU 53(1145 CI NO **********0 M TO NW USA A CANADA I USA CANADA* FW VSI/VOY MM SM IMHAI&/VOY I
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      442 39 VtSSQ VOY SIX PUG VOY SIX HKG KR USH PUS VCSB VOY SIM JKT SUt HYIW4PAI SPWITtI 04 5S 04/00 11/ DO U/00 15/01 16/00 542 HUUUmm 0040 OS/DO 04/00 11/00 AqtMgOUA 026 A o*/0t 08/| imiiouitts oo js ot/oo u/oo re/oo mk How Mom oils 06/QQ oi/o> QUO mm
      442 words
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      1671 40 C SENATOR LINES TO UK/CONTINENT TOMEDITCRRANEANCANADA «SSa WOT S» LEH HTM AMR HAM IHV FLX VtSSti VOY 6IT IK FO» ~W"C MTW CHOYAKMW mmi VIM lid »M 71 22 M 23 M 24 M MltM* DB3BW BN 21M BN 24 M 18.88 OH HAMM SINGAPORE OOSOW M M 27 M
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      972 40 m, ai MAC-lIELS S'PrtPF M'fclA Carriar MN CORTR LINES, MG p. guoang: (07) Mwras J CWMOiIWOgTSB—OK SOU: (084)*****9 MAMLA: (832)(*****4 PENANG: (04) *****38 BANGKOK: (882) *****87 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21)*****46 KUQBWQ (082) *****1«3 BUENOS AIRES/SANTOS MV "EVER GENIUS" V.0351-079W ETA SIN: 9-8-2000 BARCELONA MV "VIILE
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      691 40 EXPRESS COHTMMBI FSOER FOR N SHEW (CFS MUM. NUMMCOLMO ALSO ACCEPTING TO Ml NORTHERN AMD WESTERN 1.C.0. POWTS VKMI S PORE H SHEVA COLOMSO PKLAM6 CAPE CREUS VIIOW 36 AUG 15 AUG II AUG AUG CAPE CANAVERAL V.117W 13 AUG 22 AUG it AUG H SEP TULSIDAS V 129 21
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      1741 41 lOVESSEL VOY HKG I KHH I SIN PKL DXI EAB DMM UK IRAN TABATABAEI PCI-165 27/07 29/07 03/08 04/08 12/08 T3708 ***** 17/08 IRAN ISFAHAN PCL-166 03/08 05/08 10/08 11/08 19/08 20/08 22/08 24/08 IRANBAAKERI PCL-167 10/08 12/08 17/08 18/08 26/08 27/08 29/08 31/08 IRAN HESABI PCL-168 17/08 19/08 24/08
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      1073 41 EVUY mmi nar shhat I SIHC*PO«: aO»Q«IWSOW»D niTmmo OUrZH/IIT'SSn? KMnttntnf.. Si!M,.?,!SS ITD #,2 SALES/IKGS *****57/43 INWARD DEPT (D/ 0) *****86 COSTAR AGENCIES (M) SDN BHD SjNGAPORU)<)M9B^^^CONWNTTONAI^2___42OS3OI/850 T/SHPMT DEPT *****25 TEL- 02-07-35 ***** FAX: 02-07-*****70 WfVOY fIW H«6 SNA OIN UN DAI SHE HW MA WW SKmuORUIDIIiWIIC [sTI RMMk MA EAST
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      1034 41 EUROPE EXPRESS SfttVlCt EXPORT IMPORT sfjESr B IfSLigg 'ilffi *fl? *Sfe MSksin 1 y'fc W W«mm ;WM :m u> WM Jll 11 i>s jg *jg ZZL*. ni HJiAKfIAIKIKO. 01IW .OIZO9 .22Z*****9T8/'O9 26 09 27 09 78 09 HJWBS 1 Si* "vS l*vs ufiS I'vS MVS KJ WHWWGTOO 013W 12/W 29/09
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      550 42 I EXPORT vessel/voyage |«r Im wc JmrTzn anw lhv ■l deluxe iw oit os/w jf'PB' 26/oi' a/m j?/mTjiZgi" 3c o« t PftW RW-OM J2/M, ,31,08 02,09 04/W 05/P9 07/09 06/09 Bt DIADEM EW4I7 HAM 07/W I W/W 11/W 17/W 1 IS/W I 13/09 AISO ACCEPTING CARGO TO AND FRORk- FINLAND,
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      384 42 A |mjumuhpSSAWOU^INSIWS!^ lixmomt VESSEL VOYAGE SGP CMO DUO JRA ARU DMN OAM KM NXV JIANG HE 015IW 04/W IS/W 16/W 11/08 ■UM ASPIRE 0624-024W 07/W 11/W 16/W 17/W 18/W UNI UGH 0137-026* 00/W 12/W 11/W 11/W- 21/W23/M I SING HE OI6OW 11/W- 72/W 26/08 ■JM ARDENT 0675-022W 14/W 18/W 23/W
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      587 42 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Burtding, Singapore *****0. cn NO: **********06 1 I Kn.mi, n I*l a Ml. IS SIS? ~IT 3> li* l T %4 j o/i __s2l—iz?_Lift I I I "»WIG NM Lrr !lff I iap=t=ft*# w g a is,is i.m«i
      587 words
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      369 42 5« TRIM BLANGAH ROM) #02-02 CtTIPORT CENTRE SPORE *****S TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W «ssa m EB eid OEsnMim MMUKWA 32/zm mrnm own MUNTW HAfiURI mm MUM MUM PONTVWM MMUKWA TO/m MUM I7MZM FILMM UMMU OHM 11W2M 12W2M PONTIANAK mmucwa warn imaa umam
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      470 43 BSfl n. M MYANMA üBBk FIVE STAR LINE (Myoanor National Llm) w Loading ftr Yangon vessel voy s« na pin pgu MAWIAMTME WW SID SAGAMG 6SW SU BAIATSU AGENTS: KXTSTUD SMPPMG AGENCIES KUL m 03-*****00 PSI: Til 03-317M101 PIN: Til 04-2****** PGU: Til 07-*****21/4 BANK LINE (A strvkt of JUdrtw
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      1335 43 HAfAT^ HYUNDAI MERCHANT MARINE CO., LTD. IVBSR VOY SM SOU I IB! I RIM I ANT HAN IMV IVBSa I VOY I SOU I 184 RTM ANT MAM MV ISM I NOtAMAZCMTI 030W 03/08 21/08 26/08 23/08 24/08 HYCO—OOOM 1261 15/07 12/87 13/07 03/08 HAAS 538W 04/08 25/08 26/ M
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      800 43 uXw WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAVYUFT SERVICE* [VESSEL VOT I RAMP HEIGHT SIM UC MAO |MU SAV |ML ORE MYC NEW HOTI TAMPERE AHOI6 4001 ms OS U/Ot OMIT 17/09 24/09 KjW 27/09 01/10 M/ 10 TWAS AHOI7 400Tms 4JM 21/01 2S/09 03/10 04/10 2S/10
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      1631 44 SAMOK OK/MAP TA PHUT/LAIM CMABAMQ JAKARTA/PAIMAHa VKStI VOT ISW Ml? LCH VBSft VOT SW I Mi IMI HWmiWUM SfIZH tfl SMI _kA— M/M HMZZ M«HU»HP" !Z« bfi olm ML. gffiSar orS tumtm 3S2w ovw w/os m/m mb Ml ®8 XETHAIHUM" 347)1 04/ M M/M 10/ M I&ABIITW ftt« iflfl ~il&B
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      54 47 •3R IYANGON See Page 5 Daily See Pag* M COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD COCOS CHRISTMAS ISLAND JAPAH DADTCH WESTERN AUSTRALIA f fir fill r VIII VII Turn to Page 8 Daily TURN TO Page 7 Mb ens ASSETS SHIPOWNERS t MANAGERS PTE LTD NTL NAIGAI TRANS
      54 words
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      60 48 p$X jfb&man, LIKES 19 I I PWI MOtf I NfW VU VOT_ MM PAL >a PHU PM. SIN PAKJ PAD IMI (in 081 HOU WOO Mm SAM HOUSTON 01 21/00 04/ M 20/00 U/M 21/01 25/01 1 27/00 I 23/04 27/04 04/10 03/10 OS/10 STONTWAU. JACKSON 01 [J 05/04 21/01
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      58 48 €BS r.u*.,*. U(B/lllklT WSgSSSM METROPORT SHIPPING SDN. BHD. Ki SINOKOK MERCHANT mm® pSm n Jd*km* <2000 Nri D«ltk*, ■dnris. K MARINE CO., LTD |KS3SS£M m 03 MSl, 7M, 6;M *oj-msmm i-m*. Mtm m^.my Byiw%OT FARWIDE SHIPPING AGENCIES PTE LTD EAPUKT Ut 721-U77 (S Laws) Fax: 2M-ISI4 CT: CHOTANG PKL: fOIT
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      51 48 SHIPPING •WAREHOUSING gdJfIIJMH iiaiiHM BWM^ Baton: Singapun- Ixiading DsuK Mon to Sal (BATAMINOO l/III) Accepting Lift Cargo Reefer Container Biataa: Singapore M»m. Wed Fri (BATAMINDOD) Accepting KlX'onvenDonal/ftojecl Heavy Ljft Cargo T«fc 227 0322 Fu: 222 9330 RXmUo Shippiag L W>ilimh| Ptt Ltd Jk «gH M—l (amfk* W3-5I Th W ir»
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      1071 49 SHIPPING LINE LTD BHPH 72 Mm torn Road, #04-01 to 03, Siagipor* *****1 MAIN WE/OUTWARD: 532 3MI INWARO ((MO): 437 2361 IMPOST STATUS (WD): 437 2371INVTMTOCT (DN>h 437 2420 W*btil« http://www.Mnnwdara.toai CR NO. **********0 M BOOKINGS LINE; 535 6266 (Celia/Je»»ico/Mei Chan/Je»lynn/Dora/Yvonn«/Honim) QHZSGSESBH 8 SLGS/WEEKLY HTfIWHiMMM 3 SIGS/WEEKLY [rasa. 1 vor
      1,071 words
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      797 49 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I rrc I ii I J«T I WIIK I "roc cm i tow I HAL lim I o>f j sav I mwi taw 1 hqu I HOtWDTKi /0454 22/0P 20/0P 31/00 07/01 12,09 tajm 1» oo 22 V> 19 10 22/10 23/10
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      180 49 *ssa w Eura Mr wr eusm day niAusun wis ohm wb ti/ih avn tmu UIAUSIAII 7177S M THU JIT* (MM HB auusuKi ?i ns os/m sm itn mi w WAUSIAAI 7174S (MM SUN 7174K ~OMi mST DMU9MI ***** WM MOM 7I7SM (M/tM TOT" KUALA SIM I 7T77S WED WOT IQ/tt
      180 words
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      619 49 NSER EM LEE SHIPPING CO PTE LID I I 5330«75 It Um| ta: UNUI/511MM I T c> mninim I vessel vor sm n* sm eto msthutkm UmSn>3« 7/00 7?/07 31/07 Swteyc U-onStt# 8/00 31/07 01/08 BW/Dwo Um»Sw3? 8/00 02/08 03/08 Sotowr Dm Dm IJ/00 02/08 03/08 Own/? Dm Gondc II
      619 words
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      605 50 I VESSEL VOY SIN MAA SIN I TIGER STAR 822N 10-13W8 18-19/08 I TIGER RHYTHM 823N 08-09/08 14-17/08 22-23W8 B TIGER BRIDGE 824N 11-12/08 17-2008 25-2&08 I TIGER METRO 82SN 15-1608 21-24/08 I TIGER STAR 826N 18-19/08 24-27/08 01-02/09 I TIGER RHYTHM 827N 22 23W8 28-31/08 05-06/09 I IVESSE^^^VO^^SI^^CA^^SI^^I XPRESS
      605 words
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      1193 50 FREIGHT LINKS EXPRESS *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO •OSAKA/NAGOYA *LAEM CHA BANG *LAE/PORT MORESBY •PASIR GUDANG *CEBU ADELAIDE/BRISBANE •TAICHUNG/KAOHSIUNG SHANGHAI/XING ANG *MAHE •INCHON HAIPHONG/PHNOM PENH YANGON •SEMARANG/BELAWAN SUVA/NOUMEA MALTA FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO Lawrence Lim *****78 lawrence@flesin.com.sg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT
      1,193 words
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      1118 50 For booking t enqoiry call *****80 ,/JJV Website: kttp://www.ood.(Mi USA/CANADA tl>tfl SW LGBO* MM lire H0(JI Import MOM IITC HOU 01 LM SGP 00a AMEKICA 4SES3I IN PT 11/01 73/01 74/01 74/01 75 08 OOQ CALIFORNIA 46W578 11/07 17/07 13/07 14/07 14/07 01/01 OOCL CAJKKNU 47E537 04/01 75/01 30/01 31/01
      1,118 words
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      85 50 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYA VICTORY INPT 05*08 JAKARTASURABAYA CHAHAYASTAR 0308 07fl8 PORT KLANG/PASIR GUOAN&'JAKARTA TBN OSOB 08W PALEMBANGfOWTIANAK/MEDAN PANGKAL BALAM (EAST TIMOR) REGULAR SERVICE EX YANGON JUBILANT IN PT 04/08 VtSAK/CALCUTTA/YANGON REGULAR DIRECT CONTAINER ft BREAKBULK SERVICE TO PORT LOUIS ft DURBAN EXPORT VOY SIN PTL
      85 words
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      123 51 LEGEND: Issued by Meteorological Service Singapore Thunderstorm Showers Rain emperature Wind direction and speed in knots Cloudy Day Weather CX u a7v 7 7 Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j m I —"One half fleche represents 5 knots
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      177 52 RATE RESTORATION ON 15 AUGUST 2000 Major lines operating from Far East have agreed to implement a rate restoration with effect from 15 August 2000. The Lines will restore freight rates by USD 100 200 per 20' 40' container for all shipments from all Far East to Chennai, Calcutta, Chittagong,
      177 words