The Business Times, 10 August 2000

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Microfilm: NL21902
Total Pages: 42
1 42 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85c SINGAPORE Internet: http://business-times.asial .com.sg/ THURSDAY, AUGUST 10, 2000
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  • Article
    Lock icon MARKET SUMMARY
    59 1 STOCK MABKET INDICES Wednesday Change KLSE COMP 819.11 4.41 NIKKEI 226 16,834.60 +214.49 HANG SENG 17,18L99__-29.8§ SET INDEX 315.02 4.13 JAKARTA COMP -1.73 MANILA COMP _1,4S&53 +19.79 TAIPEI WP1 8,048.14 +250.36 SEOUL COMP ***** +44.11 CLSA CHINA B 1,251.10 -9.46 AUST ALLOW) __3#9*0 +7.29 11.38a* EST Change DOW
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  • Article
    Lock icon FINANCE
    77 1 FOKEX SATES US$ s$ USS 1.757 £(IJS$/S$ per 1509 1606 El'RO(lJS$/S$/E) _0104 1.661 DM 2163 1.252 YEN 108.7 6190 RM 1800 1201 HKS 7.796 4116 BAHT 41.11 2181 RUPIAH 8,612 4.888 *SS to 100 units prime bates SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 19.00 BANGKOK .9.50 MANILA 11.00 HONGKONG
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  • Article
    Lock icon Moves afoot to scrap Indon central bank
    955 1  -  I Legislators think currency board idea won't fly bnt central bank official not so sure From' Yang Razali Kassim in Jakarta A QUIET battle is being waged in the Indonesian Parliament to close down the central bank and replace it with a currency
    955 words
  • Article
    Lock icon Pidemco chief gets down to brass tacks
    1350 1  -  -^exclusive The pieces are falling in place as he gears np for biggest property merger in Singapore By Lilian Ang, Marissa Chew [SINGAPORE] The rider in a chariot drawn by six horses. It's an image more likely to be inspired by the movie
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  • Article, Illustration
    Lock icon People's trust moved me: Nathan
    372 1  -  He urges citizens to preserve security and prosperity By Andrea Tan [SINGAPORE] President S R Nathan said he was deeply moved by the trust Singaporeans had placed in him and urged them to help preserve the nation's security and prosperity. ,"My reaction was largely emotienal
    REUTERS  -  372 words
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      109 1 DBBPE Motoring The electric car is fast becoming a viable proposition. Pg 24 Merc loss to have 'major impact' on CCL profits. Pg 24 Top stories Its looking like a oneway bet on US rates. Next Page J Lee Hwa moves up with eye on Tiffany, Cartier market here. Pg
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      44 1 Gus Dor to delegate some tasks to Megawati, Pg 2 Editorial: Indonesia's woes laid bare, Pg 8 Dealing with wzrimrrniinnrm Singapore's accounting standards body adds its perspective to the debate on the accounting treatment of employee share options. mh The Pidemco way of business
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  • NEXT page
    • Article
      Lock icon It's looking like a one-way bet on US rates
      920 2 Analysts think Tuesday's encouraging numbers imply there will be no rate hike in August Reuter [WASHINGTON] With two weeks left in the countdown to the next US central bank meeting, analysts are all but certain the Federal Reserve will not boost
      Reuter  -  920 words
    • Article, Illustration
      Lock icon Gus Dur to delegate some tasks to Megawati
      686 2  -  President's more accommodative stance may take some sting ont of moves to impeach him From] Yang Razali Kassim in Jakarta INDONESIAN President Abdurrahman Wahid, bowing to legislative pressure, declared last night that he would delegate to Vice-President Megawati some tasks in running
      AP  -  686 words
    • Article, Illustration
      Lock icon Time to consider new funding routes for dotcoms?
      663 2  -  I-I i comment TECHNOLOGY IPOs are an important way to go, but not for the great majority of e-businesses coming onstream kenneth james OVER lunch a few weeks ago, the CEO of one of Singapore's larger IT services companies shared an experience
      663 words
    • Article, Illustration
      Lock icon All the president's men
      34 2 Hiew Yoon Khong CFO Tham Kui Seng Residential Ed Ng Commercial /Fund mgt Liew Mun Leong President CEO Kee Teck Koon Service residences Anthony Seah Property mgt Richard Heifer Hotels
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      70 3 ESrm i ■I VACHERON CONSTANTIN jM Horlogere. Geneve, depuis >48 1 /wi vy m A v ijr J| Bv U t1 JBKib||J Hk A w Overseas 1 |^Hl^^l crown and buttons. Water resistant to 150 metres. 1 Available at r o I Cortina Watch Centre Pte MALAYSIA; Le Cortina Witch
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Lee Hwa moves up with eye on Tiffany, Cartier market here
      648 4  -  p si I exclusive $2m City Link Mall outlet first in new-look chain of diamond 'boutiques' By Tan Su Yen ONE of Singapore's bestknown jewellers aims to rewrite the rules of the fiercely competitive trade with a swish new
      SIEW YAW HOONG  -  648 words
    • Article
      Lock icon Australand's North Sydney project draws good sales
      521 4  -  From Surinder Singh in Sydney SYDNEY-LISTED Australand Holdings, a subsidiary of DBS Land, is set to cash in on a project in North Sydney that at the moment is just a huge hole in the ground. The project consists of a block of
      521 words
    • Article
      Lock icon SingNet to offer broadband Net services
      125 4 SINGNET said yesterday it would offer broadband Internet services from next month in addition to its narrowband services. Sing Net Broadband is based on ADSL (Asymmetrical Digital Subscriber Line) technology which allows speeds of up to 512 kbps downstream and 256 kbps upstream. "Today's
      125 words
    • Article, Illustration
      Lock icon SGX July trading volume hits five-month high of 11.8b shares
      508 4  -  Big jump caused largely by rash of IPOs, mostly penny stock issues, say traders By' Ven Sreenivasan TRADING volume on the Singapore stock market rose to its highest level in five months in July, boosted by a slew of initial
      508 words
    • Article
      Lock icon Retail banking coining down to earth
      719 4  -  lock siew| paul thompson POR a long time, retail banking has been regarded as a premium business, set apart from other business establishments in the world's shopping plazas. It's easy to see why. Plush offices, liveried staff, financiers of wars, governments and royalty in
      719 words
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      111 4 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and
      111 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon CXHub bags more than $100m tenders from FEO
      405 5  -  EH exclusive Construction e-m&rket sees result before launch; CDL preparing tenders of similar valne Byi Andrea Tan CXHUB, the Internet marketplace backed by the big boys of Singapore's property scene, has bagged more than $100 million of tenders from Far East Organization
      FILE PHOTO  -  405 words
    • Article
      Lock icon US insurer sets up SE-A HQ in S'pore
      394 5  -  AIU finds more demand for political-risk insurance By Ling Su Ann A US insurance underwriting group has set up its South-east Asian headquarters for political risk and trade credit operations in Singapore. American International Underwriters (AIU), a subsidiary of American International Group,
      394 words
    • Article
      Lock icon Share options a complex issue
      744 5  -  bag Janet Tan Ag Executive Director Institute of Certified Public Accountants of Singapore YOUR recent Hock Lock Siew column on accounting for employee share options, "Employee share options: Are they an expense?" (BT, July 26), calls attention to an issue that is both controversial and
      744 words
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      62 5 A SMALL MEDIUM L ENTERPRISES You have noticed us. So have we. We've been helping SMEs who dare dream to make a big impact in the business world. With Keppel Tat Lee Finance, you never have to feel small. Talk to us. IU Tat Lee Finance we share your vision
      62 words
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      140 5 f mic ac NAME Mercedes-Benz A Class L. to AC .1 :1 year old I g OWNI R :Ms Jenny Tay OBSHRVATION :General condition is good g MEDICAL RECOMMENDATION: 81 |i 3-YEAR TOTAL J MAINTENANCE PACKAGE FROM ONLY $2,200 jj FOR GENERAL HEALTH j MAINTENANCE ImB Our attractively priced Total
      140 words
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      118 7 BP, Amoco, ARCO, Castrol. What does it add up to? It means a new company able to offer I global energy solutions. I It means the retail presence to serve I 10 million customers a day. I It means a company that makes petrol I and diesel that produce lower
      118 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Poor should look beyond World Bank
      637 8  -  pi:i=t I bottom line OPINION sree kumar The writer is a development economist and partner in a consulting firm THE World Bank was born out of a necessity to rebuild the destroyed economies of Western Europe after World War 11. Together with the International
      637 words
    • Article
      Lock icon IN OTHER WORDS
      150 8 4 lt is the little guys who end up in prison. We keep the system going. We're the job security for the guards, for the lawyers, for the judges.' Stephen SamneLson a former drug dealer and user, on America's failing war on drugs. 'He's tied up with
      150 words
    • Article
      Lock icon Indonesia's woes laid bare
      627 8 EDITORIAL THE current session of Indonesia's People's Consultative Assembly (MPR) is laying bare all the woes afflicting the nation. The list is long and even in the best of circumstances, it would be difficult to overcome the obstacles. All the speakers are agreed that Indonesia is
      627 words
    • Article, Illustration
      Lock icon why a strong economy may be bad for A1 Gore
      1257 8  -  Financially secure Americans are likely to vote for Bnsh Jr, denying Democratic VP the presidency Ity 1 Edward Yardeni The writer is Deutsche Bank Securities' chiefglobal economist investment strategist I RESPECTFULLY disagree with Professor Michael Lew is-Beck. The professor at
      FILE PHOTO  -  1,257 words
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      Lock icon New politics of grasping old folks arrives in US
      832 8  -  COMMENTARY /fy] Robert Samuelson Washington Post Writers Group THE future of US politics has quietly arrived in Washington, but the custodians of the conventional wisdom the press and hordes of commentators haven't noticed. Their attention remains riveted on the presidential campaign
      Washington Post Writers Group  -  832 words
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  • BUSINESS ambassadors
    • Article
      Lock icon Tale of 2 cities, with a twist
      277 9  -  Eight professionals from S'pore and Australia swapped countries under the Young Business Ambassadors exchange scheme, reports corimmekerk CORINNE KERK IT was only a year-and-a-half ago when the idea for a young professional business exchange programme was mooted at the second meeting of the
      277 words
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      Lock icon Learning new things in wonderful land of Oz
      976 9 Daniel Chew's time Down Under has changed his perceptions of the country, given him new direction Young Business Ambassador: Daniel Chew Teow Hong, senior tax consultant, Arthur Andersen, Singapore. About him: Having graduated with a first-class honours in accountancy from the Nanyang
      ARTHUR LEE  -  976 words
    • Article, Illustration
      Lock icon Working lunch a crucial part of doing business
      787 9 It's an important time to talk to colleagues, clients, says Anssie consultant Young Business Ambassador: Justine Coleman, accreditations consultant, Team Management Systems, Brisbane, Australia. Her company, which offers specialist training in team building and leadership development, lists local clients such as Coca-Cola
      CHRIS LOH  -  787 words
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      353 10 This advertisement has been approved by Deutsche Bank AG London, regulated by SFA for the conduct of investment business in the UK The services described in this advertisment are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation Source Euromoney.
      353 words
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  • EXEC lifestyle
    • Article, Illustration
      Lock icon Treats galore at Womad S'pore
      613 11 Besides 18 acts from 14 countries, there'll be vendors selling international food, drinks, crafts and CDs, and also a healing arts enclave WOMAD Singapore 2000 will bring together a diverse line-up of 18 acts from 14 countries when it hits town on Sept 1. Besides
      FILE PHOTOS  -  613 words
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      167 11 11 1 T Since 1975 our worldwide staff of over 275 multi-disciplined professionals I A 1 1 W 'I including lawyers, chartered accountants. M| a k chartered secretaries and bankers have i E provided confidential and cost effective M company formation in all the major low |P tax areas including
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      87 11 Looking for business Opportunities? FRANCHISING2OOO ByEsSSSil* September c:Z~;ZZ FRANCHISINC2OOO Centre (SICEC) 200 participants from over International is countries Conference, Seminars Leading brands like Delifrance, Workshops Jani King, Tutor Time. 19 22 September 2000 Informatics Kenny Rogers Organ** Organ««r Singapore IxMbMon Services Pte Ltd Singapore EsKibttton Services Pte Ltd W\m T*
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      21 11 I I r (1 I The Straits Times 'ft Classified where virtually I j everything is at your i fingertips. .V
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      1290 11 for the first 300 BT readers who confirm their orders for $100 worth of tickets. Make out your cheque today to World Stage Pte Ltd and send it with the order form to WoridStage Pte Ltd 80 Cairnhill Rd, Singapore *****2. The offer ends on Aug 18. ORDER FORM Name
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  • REGIONAL news
    • Article, Illustration
      Lock icon Retail investors seen driving KL market
      672 12  -  SINGAPORE Malaysian equities have dropped off institutions' radar screens Ven Sreenivasan RETAIL and individual players will replace institutional investors as the longer-term driving force of the Malaysian stock market, says a Kuala Lumpur-based expert. Yeo Keat Seng, chief executive of malaysiastreet.com, believes the trend
      672 words
    • Article
      Lock icon Anwar set to make court appeal today
      508 12 KUALA LUMPUR Move comes amid international, local condemnation of his conviction AFP, AP, AFX-Asia, Bernama LAWYERS for former Malaysian deputy premier Anwar Ibrahim prepared yesterday to appeal his jail term for sodomy amid international and local condemnation of his conviction and long sentence.
      AFP,; AP,; AFX-Asia,; Bernama  -  508 words
    • Article
      Lock icon Ex-Time chief now Antah deputy CEO
      329 12 KUALA LUMPUR Bloomberg PHANG Shyue Ming, who this month quit as chief of Time Engineering Bhd, operator of Malaysia's largest fi-bre-optics network, will manage toll-ways and cola bottling at his new job at Antah Holdings Bhd. Mr Phang, 46, moved to Antah Holdings as
      Bloomberg  -  329 words
    • MALAYSIABriefs
      • Article
        Lock icon Maybank won't raise Phileo offer
        98 12 Reuters [KUALA LUMPUR] Malayan Banking Bhd (Maybank) will not make a higher offer for Phileo Allied Bank as it feels its current valuation is fair, the Star newspaper said yesterday. The paper, quoting sources, said Maybank had done a due diligence exercise on the bank
        Reuters  -  98 words
      • Article
        Lock icon Fund inflow surplus tails to RM1.5b
        74 12 AFX-Asia [KUALA LUMPUR] Net portfolio fund inflows into Malaysia amounted to a surplus of RM1.575 billion (5J715.4 million) as of July 19, from a surplus 0fRM2.253 billion as of July 12, the National Economic Action Council said. NEAC's summary report on the flow of
        AFX-Asia  -  74 words
      • Article
        Lock icon Firma Sec to bay brokerage: paper
        62 12 Reuters [KUALA LUMPUR] Kumpulan Fima Bhd's brokerage arm Fima Securities Sdn Bhd is planning to buy Johor-based Peninsula Securities Sdn Bhd, the Malaysian Business Times said yesterday. Kumpulan Fima executive chairman Basir Ismail said talks are in the final stages and under the agreement,
        Reuters  -  62 words
    • Article
      Lock icon Dynamics of Asia's mega-deal
      894 13 HONGKONG Telstra's interest was the trigger that set HKT deal in motion: CyberWorks Reuters AS the dust settles around Asia's biggest and one of its hardest-fought corporate mergers, Pacific Century CyberWorks says it was Australia's Telstra Corp which helped pull the trigger on its audacious bid
      Reuters  -  894 words
    • Article
      Lock icon Richard Li sells 1% of CyberWorks for HK$3.8b
      437 13 Bloomberg PACIFIC Century CyberWorks Ltd, Asia's No 2 Internet investment company, said chairman Richard Li sold one per cent of the company's shares for HK$3.B billion (*****.3 million). Mr Li sold 240 million CyberWorks shares through his wholly-owned company, Pacific Century Group
      Bloomberg  -  437 words
    • Article
      Lock icon Gus Dur called to testify in Bulogate
      350 13 JAKARTA First court session next Tuesday, 36 witnesses in all AFP AN Indonesian court has called President Abdurrahman Wahid to testify in the trial of a multi million-dollar embezzlement case, allegedly pulled off by his former masseur, a report said yesterday. The head
      AFP  -  350 words
    • NOTEBook
      • Article
        Lock icon Taiwan delays tax hike on bonus shares
        73 13 Reuters [TAIPEI] Taiwan's Finance Minister Shea Jia-dong yesterday said the government will delay introducing a controversial plan to hike taxes on shares issued by high-tech firms to their employees as bonus by three years. Such bonus shares would continue to be taxed based
        Reuters  -  73 words
      • Article
        Lock icon Rich haul from Indian cricketers
        62 13 AFP [NEW DELHI] Indian taxmen have siezed unaccounted wealth worth US$9OO,OOO (551.56 million) from homes of top cricketers and officials of the game during raids, Deputy Finance Minister Dhananjaya Kumar told Parliament's Upper House on Tuesday. He said unaccounted cash and assets worth 37 million
        AFP  -  62 words
      • Article
        Lock icon China July industrial output soars 12.8%
        85 13 Reuters [BEIJING] China yesterday said its industrial output grew a robust 12.8 per cent in July as exports remained strong, but the triumphant return of domestic demand was playing a bigger role in the economy. The higher-than-expected growth in July compares with a 12.2
        Reuters  -  85 words
      • Article
        Lock icon Call to lift Indon Net investment ban
        81 13 AFP [JAKARTA] A senior Indonesian minister has urged the government to lift a ban on foreign investment in Internet services, saying it was a mistake and flew in the face of government policy, reports said yesterday. "It (the ban) should not have happened
        AFP  -  81 words
      • Article
        Lock icon Jakarta to raise transport fares
        51 13 Reuters [JAKARTA] Indonesia will raise land and sea transport fares by up to 72.32 per cent from next month, Bisnis Indonesia daily reported yesterday. Analysts have warned such a move would stoke inflation this year, which the government is already worried Is rising above target.
        Reuters  -  51 words
    • Article
      Lock icon Indonesia to revise terms by which bank owners repay debt
      348 13 JAKARTA Reuters THE Indonesian government and parliament yesterday agreed in principle to revise controversial terms under which some owners of troubled banks were able to repay billions of dollars in debt. The government has been pressing to revise the deal,
      Reuters  -  348 words
    • Article, Illustration
      Lock icon Cathay Pacific soars with record H1 net of HK$2.l8b
      534 13  -  hYom i Quak Hiang Whai in Hongkong RETURNING to the black only last year, Cathay Pacific Airways has turned in a stunning first-half performance with a record net profit of HK$2.lB billion (*****.7 million), beating the previous record of HK$l.65 billion
      AFP  -  534 words
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      333 12 k\ I ~~m m i M 1} <ii^^^H^H m wij&Lr m jl v ts'il 1 1 1 i OVMH COKWMOM Ckck Fund W FWkW lewl A i* y *li~''V *> —w» t»»*«(woi mj VI 1 HfponwtKil Canarucwn Sokt* XO Uminimil UtntgKnrrt OtOOOO. normtinrd Oil'tft jsi T'7'y^;MA%^::'"At Optimix, we understand there
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      293 13 your PRESCRIPTION to Asia's Premiere Medical, Healthcare, Occupational Safety Health Showcase 29 to 31 August 2000 Singapore International Convention Exhibition Centre HQSPiAAedica A LrwlL Health Exhibition for Asia HOSPlMedica ASIA 2000 100 exhibiting companies from 20 International Exhibition on countries featuring the latest in OSH Hospital. Pharmaceutical, Medical products and
      293 words
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      117 14 Citibankers do it aJF- JB&.-. x&O&l better. For us at Citibank, these Awards achievement. More IH||||||||||||||||||||^^ Euromoney 2000 Best Bank in Asia they symbolise the importance and quality of the business relationship that we Best Foleign BondHouseln'singapore Best Foreign Equity House in Singapore Asiamoney 2000 Best Cash Management Bank in
      117 words
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  • e-NEWS
    • Article
      Lock icon Psion to float Symbian venture but market wary
      421 15 LONDON Analysts divided over news; some value venture at £5b The Daily Telegraph, FT PSION, the maker of handheld computers, confirmed it is to float its Symbian software joint venture, which analysts have valued at about £5 billion (Ssl3 billion). Psion's 28.1
      The Daily Telegraph,; FT  -  421 words
    • Article
      Lock icon VoiceStream buy forces Deutsche Telekom to put off IPO of T-Mobile
      142 15 BONN Reuters DEUTSCHE Telekom said yesterday it was postponing the flotation of its mobile phone unit T-Mobile, originally scheduled for the autumn, because the acquisition of Voice Stream Wireless Corp had made preparations for a listing more complex. It
      Reuters  -  142 words
    • Article, Illustration
      Lock icon Blending Chinese culture with the Internet
      622 15  -  While some aspects fit well, others don't, says Acer chairman By Toh Han Shih [SINGAPORE] Acer Group chairman Stan Shih believes some aspects of Chinese culture fit well with Internet culture while other aspects do not. "I'm against the traditional Chinese approach of keeping
      ARTHUR LEE  -  622 words
    • Article
      Lock icon Cisco's Q4 profit of US$1.2b beats forecasts
      225 15 PALO ALTO, California Reuters CISCO Systems, the world's biggest maker of computer networking equipment, reported fiscal fourth-quarter profits that topped expectations, paced by strong sales to Internet service providers, cable and telephone companies. The company said on Tuesday that for the period ended
      Reuters  -  225 words
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      110 15 Kg :Kr BHHHK: 'H?; 1 Ji^^HßS^SßiWß3®ttW®^ wu&&s* r jflßS&ir*£#&'' ,A 4 <£ \m3 ,<.- pp-:' VL Jra*g&3»» fi B I HI I m JIB 31HIjBWiiMlMlH^lVWMlWMBCiit WLlJtlllsWllsririlfl^M^Myiilll'A^lSlStllaM I «c—» ■■|H Director Eric Khoos films may well be known to movie buffs at home and around the world. But unlike an actor,
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  • WORLD news
    • Article, Illustration
      Lock icon Barclays plans £5.5b cash and share offer for Woolwich
      533 16 LONDON Takeover to boost Barclays' personal finance business, may start industry consolidation Reuters BARCLAYS pic, Britain's fourth largest bank by market value, said yesterday that it was discussing a £5.5 billion (5514.3 billion) takeover of Woolwich pic to boost its mortgage
      Reuters; REUTERS  -  533 words
    • Article
      Lock icon Hutchison silent on report of Andala stake purchase
      254 16 TOKYO Bloomberg HUTCHISON Whampoa Ltd, a holding company owned by Hongkong billionaire Li Kashing, declined comment on a report saying that it will buy a majority stake in Andala UMTS SpA, a company formed to bid for one of Italy's new generation
      Bloomberg  -  254 words
    • Article
      Lock icon US wholesalers' stockpiles up 1% in June
      375 16 WASHINGTON 17th straight month rise; Jane sales up 1.4% to USs2sob Reuters, AP US wholesalers' stockpiles rose for the 17th straight month in June, the government said yesterday in a report suggesting businesses expect consumer spending to remain strong. The Commerce Department said
      Reuters,; AP  -  375 words
    • Article
      Lock icon Hyundai planning to divest car, shipyard units
      326 16 SEOUL AFP SOUTH Korea's troubled Hyundai group said yesterday it was drawing up plans to spin off its auto and shipyard units, as the country's largest conglomerate faced mounting pressure to speed up revamp. "We need more time to draw up a selfrescue
      AFP  -  326 words
    • WORLDWatch
      • Article
        Lock icon BMW investigated for insider trading
        82 16 AP {FRANKFURT] German authorities said yesterday they are investigating automaker BMW for possible insider trading. "The investigation is still at an early stage, and routine for a company for which we have reasons to investigate," said Regina Noessner. spokeswoman for the Frankfurt-based stock trading commission.
        AP  -  82 words
      • Article
        Lock icon Rule would ban selective disclosure
        101 16 Reuters [WASHINGTON] Publicly traded companies that disclose sensitive information to select analysts would have to release it to ordinary investors at the same time under proposed rules US securities regulators could approve today. US Securities and Exchange Commission chairman Arthur Levitt, who has called selective
        Reuters  -  101 words
      • Article
        Lock icon Record labels sued for price fixing
        127 16 Reuters (NEW YORK] Twenty-eight US states on Tuesday filed suit against the world's five largest record labels, accusing them of fixing prices of compact discs and demanding unspecified damages. The suit, filed in US District Court, Southern District of New York, centres on a
        Reuters  -  127 words
      • Article
        Lock icon FirstEnergy to acquire GPU for US$4.8b
        76 16 NYT [NEW YORK] First Energy Corp, an Ohio-based utility company, agreed on Tuesday to acquire GPU Inc of Morristown, New Jersey, for US$4.5 billion (SS7.B billion) in cash and stock. The acquisition would make First Energy the sixth largest energy concern in the United
        NYT  -  76 words
    • Article
      Lock icon Diageo in talks with Bacardi on joint bid for Seagram
      316 16 LONDON Deal for its spirits business could be worth over USs7b The Daily Telegraph DIAGEO, the spirits and Guinness group, has held preliminary talks with Bacardi about making a joint bid for Seagram's spirits business. The deal could be worth
      The Daily Telegraph  -  316 words
    • Article, Illustration
      Lock icon Open letter urges BOJ chief not to hike rates
      632 16 TOKYO Ending zero rates would be disastrous: lawmakers, academics, economists AFP, Bloomberg ALAN Greenspan doesn't have to put up with this. Bank of Japan (BOJ) governor Masaru Hayami yesterday received an open letter from an alliance of Liberal Democratic Party (LDP)
      AFP,; Bloomberg; AF  -  632 words
    • Article, Illustration
      Lock icon Gore hopes parly convention will help close gap with Bush
      952 17  -  The vice-president will try to distance himself from Clinton the man From Leon Hadar hi Washington REPUBLICAN presidential nominee George W Bush may have moved into his biggest lead over the presumptive Democratic nominee A 1 Gore, with some opinion
      AFP  -  952 words
    • Article
      Lock icon Lieberaian takes first snipe at Bush
      209 17 NASHVILLE Bloomberg SENATOR Joseph Lieberman officially joined the Democratic ticket with a jibe at Republican nominee George W Bush's campaign and a rebuttal of Mr Bush's acceptance speech. Making his first appearance as A 1 Gore's vice-pres-idential pick, he rebutted Mr Bush's assertion at
      Bloomberg  -  209 words
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      130 17 tiffany poi business 1000 H S I Just Published Please call 735-1848 to receive the latest Tiffany Business Gift Catalogue. Classic Tiffany designs in the celebrated "Tiffany" Blue Box generate more anticipation and appreciation. Tiffany Co. the you can buy the ■»I^' i ftl K ||j^N* v Performance Th« uttmate
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  • FINANCE & commodities
    • Article
      Lock icon Futures rise 3.4%
      247 18  -  SGX Derivatives TnAln&Report MSCI Taiwan Index Chan Yet San Refco Singapore THE Taiwan stock market yesterday took advantage of some good news to stage a strong rebound. The MSCI Taiwan Index rose a massive 2.97 per cent to 356.71 points. Volume within the index was 874 million
      247 words
    • Article
      Lock icon Oil surges back to US$30 mark
      294 18 ENERGY REPORTS Reuters [LONDON] World oil prices charged back up to the US$3O per barrel mark yesterday amid renewed concerns over dwindling supplies in the United States. Benchmark crude prices on either side of the Atlantic rocketed more than US$l after new data showed
      Reuters  -  294 words
    • Article
      Lock icon Oil demand to grow by 1.87m bpd
      225 18 Reuters [LONDON] World economic growth will continue to drive oil consumption next year, with demand set to rise 1.87 million barrels per day (bpd) to 77.7 million bpd, the International Energy Agency (lEA) said yesterday. And the Organisation of the Petroleum Exporting Countries
      Reuters  -  225 words
    • Article
      Lock icon CURRENCY REPORT
      327 18 Reuters London THE euro hit its worst levels for over two months against the US dollar and the yen yesterday and was within sight of record lows as dealers compared its economic prospects unfavourably with the United States and Japan. Robust gains in US productivity data on Tuesday
      Reuters  -  327 words
    • Article, Illustration
      Lock icon Untitled
      1260 18 INTERBANK CROSS RATES Aug* AS C$ Brwb Euro Ffr Dm HKS Ind Bs Bupufi Yen Won RM N2$ P* Bs Ptso S$ Band Sfr MT$ B*M Pound jg> Australia 0.S71 4.868 0.649 4.253 1.268 4.572 26.800 50.496 0.637 6.544 2.228 1.289 31.252 26.308 1.012 4.092 1.002 18.233 24.102 0.388 0.586
      1,260 words
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      Lock icon Untitled
      1871 18 SICOM FUTURES Aug8 RUBBER (futures cksinq is it 5.30p«) RSS1 CONTRACTS cents/kg) ClOM Vo<MM OpM Month High Low Sett (tonnes) Intfst Sep 00 120.25 400 Oct 00 121.50 Nov 00 122.75 D*c 00 124.00 RSS 3 CONTRACT (US cwts/k9) Votumo OpM Month Hfcjh Low Soft (tonnes) Interest Sep 00 69.00
      1,871 words
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      337 19 H Jlllll fc* t s Why lock yourself into a proprietary Office Suite when the Net is all about freedom. THE NEW STAROFFICE" 5.2. IT'S FREE! What you couldn't do before with your present Office Suite, you now can with Star Office" 5.2 from Sun Microsystems. Not only does it
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  • STOCKS regional
    • Article, Illustration
      Lock icon BANGKOK
      785 20 AFP SET Index -3J3 THAI share prices shed one per cent yesterday due to profit-taking in finance stocks following significant recent gains and a lack of fresh leads. The Stock Exchange of Thailand (SET) Index fell 3.13 points to finish at 315.02, while the SET 50 was down 0.24
      AFP  -  785 words
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      Lock icon MANILA
      273 20 AFP n Composite Index +19.79 PHILIPPINE share prices closed 1.4 per cent higher yesterday on selective buying of blue chips. The Philippine Stock Exchange Composite Index rose 19.79 points to 1,458.53. Volume rose to 451.3 million shares worth 649.35 million pesos. AFP tug 9 Pew 000) MRC Allied 0.48
      AFP  -  273 words
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      Lock icon JAKARTA
      747 20 AFP Composite Index -L 73 INDONESIAN share prices closed 0.4 per cent lower yesterday on continued foreign selling of blue chips. The Composite Index fell 1.73 points to 483.35 on a volume of 491.3 million shares worth 211.8 billion rupiah. Falls led risers 77 to 52. Arab-Malaysian Capital Indonesia's
      AFP  -  747 words
    • Article
      Lock icon WELLINGTON
      265 20 AFP OHISE-40 +ILO6 THE New Zealand share market rose 0.5 per cent yesterday, spurred by interest in Fletcher Energy, analysts said. The NZSE-40 Capital Index closed up 11.05 points at 2,149.48. Turnover amounted to NZ5382.7 million. —AFP M» (000) Advantage HOS 2.97 -0.09 352 AirNZA 1.84 0.02 43 AtrMZB
      AFP  -  265 words
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      Lock icon SYDNEY
      546 20 AFP QAaOrtoMiM +7.20 AUSTRALIAN shares gained 0.2 per cent yesterday after a mixed session which saw major banks and resource giants offsetting losses by newlylisted insurer NRMA. The All Ordinaries Index closed 7.20 points higher at 3,269.60 while the SP/ASX 200 put on 7.50 points to 3,309.80. National turnover
      AFP  -  546 words
    • Article
      Lock icon SEOUL
      288 20 AFP n Composite Index +44J5 SOUTH Korea's Composite Index rose 44.15 points or 6.6 per cent to 710.23. Volume was 293 million shares worth two trillion won. AFP *fAnem Semi K}100 360 Brain Tacti 705 10 Central Rank 645 -5 ChaM Coram *****0 3500 Dm Go Bank 2125 100
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      78 20 gm W J —mgj— K 70 words per minute. 30 sales calls per hour. Call 1800 741 1883 what to oat > drink > buy > watch > hear > plug into I^H^JB it -v _ft An 1 LiVl KjyjTl J win le salon bis vouchers > free ™*-''»3 t
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      17 20 a'l» i 1 7««5 Business £leiss? http://business-times.asia"!,com.sg Before you travel, make a note of our website address
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      106 21 It's impossible to sit in an airport and imagine you are in one of our 280 lounges. M i i, m ——BgMgry.jj-Itv* 1 It's impossible to sit in one of our 280 lounges and imagine you are in an airport. ~i i»' 11 1 International business travellers deserve to be
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  • STOCKS east asia
    • Article, Illustration
      Lock icon China Mobile leads Hang Seng on roller coaster ride
      2880 22 HONGKONG Reuters n Han* Seng -29-85 HONGKONG stocks yesterday pared intra-day losses to close easier in a volatile trading session which saw China Mobile drag down the blue chip index while technology stocks ended mostly higher on bargain hunting. The Hang
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    • Article
      Lock icon Blue chips mixed ahead of BOJ meeting
      1931 22 TOKYO Reuters Pj Nikkei 225 +214.49 TOKYO stocks closed firmer yesterday with a few volatile Internet stocks attracting speculative buyers while bluechip issues were mostly mixed amid caution ahead of a central bank policy meeting tomorrow. Investors focused on individual issues such as
      Reuters  -  1,931 words
    • Article, Illustration
      Lock icon CHINA
      1060 22 Reuters CI Shenzhen B Index -0.99 PROFIT-TAKING pushed China's B shares down yesterday but analysts said they remain optimistic over the medium prospects of the hard currency market. Shanghai's B Share Index ended down 0.75 per cent at 68.82 points. Turnover rose slightly to U5553.09 million, busting the new
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,060 words
    • Article
      Lock icon TAIPEI
      404 22 AFP QWP Index +250.36 TAIWAN share prices jumped 3.2 per cent yesterday on strong buying of technology stocks, dealers said. The Weighted Price Index rose 250.36 points to 8,048.14. Turnover came to NT595.85 billion. Advancers overwhelmed decliners 460 to 82, with 45 issues unchanged. "Investors rushed to buy semiconductor
      AFP  -  404 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon Stocks fall 0.8% in quiet day without leads
      468 23 AFP IT3 Composite Index -6.41 MALAYSIAN shares ended 0.8 per cent lower yesterday in thin trade due to a lack of buying incentives. The Kuala Lumpur Stock Exchange Composite Index fell 6.41 points to finish at 819.11. The Second Board Index shed
      AFP  -  468 words
    • Article
      Lock icon Untitled
      9041 23 INDUSTRIALS Consumer products 2000 Lait Vol Day N«t Cap High Low Company Sato 000 High Low P/E $mll 420 310 Ajinomoto 350 1,1 J* 1 158 62 Angkasa 71.5 4 7 71.5 71 105.4 670 290 Apollo Food Hlo 470 10.2 188.0 3625 2700 BAT S0« 3575 50 145 3600
      9,041 words
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  • MNOTORING page
    • Article, Illustration
      Lock icon Fill 'er up — no, charge 'er up
      605 24  - Fill 'er up no, charge 'er up With drastic reductions in battery cost and recharging time, the electric car is fast becoming a viable proposition All stories by Christopher Tan THE electric car will transform from a non-starter to a mainstream choice in the next three to four years, says
      CHRIS LOH  -  605 words
    • Article, Illustration
      Lock icon Lupo, Insight: the fuel savers
      193 24 THERE are two cars that are easily four times more fuel efficient than your family sedan. The Volkswagen Lupo has completed a 33,333 km round-the-world trip in 80 days on 793 litres of petrol. The ultra-low consumption exceeded the 1,000 litres VW set out to
      FILE PHOTO  -  193 words
    • Article
      Lock icon A household name soon
      345 24 ENOVA Systems of the US could very quickly become a household name. The Nasdaq-quoted company is probably the only one that supplies complete systems marketed under the Panther brandname for electric vehicles. Singapore-based chairman Anthony Rawlinson said this gave Enova products an advantage in costs as
      345 words
    • Article
      Lock icon Merc loss to have 'major impact' on CCL profits
      494 24 MD Philip Eng also defends acquisition of Astra stake IN what's believed to be his first public address on the subject, Cycle Carriage Ltd (CCL) group managing director Philip Eng told staff assembled for a National Day event on Tuesday that
      494 words
    • Article
      Lock icon Exotic cars to be auctioned on the Net
      246 24 YOU can now bid for some of the world's most exotic cars without leaving your chair. Lycos Asia and Singapore Auto Salon 2000 will offer an online auction in tandem with an exhibition of performance cars and motorcycles at the Singapore Expo
      246 words
    • BUMPER to BUMPER
      • Article
        Lock icon Tan Chong poised to list some units
        69 24 MOTOR company Tan Chong International, whose shares are traded on Clob International, is set to list a couple of its business divisions separately. Director AC Neo told BT the first listing would be "after this year", and that "property may not be the
        69 words
      • Article
        Lock icon 'Budget' Bentley sold Down Under
        76 24 THE first Bentley Arnage Birkin Edition —a "budget" version Bentley targeted at the Asia-Pacific—has been sold to the Palazzo Versace in Australia's Gold Coast The Palazzo Versace is the world's first Versace hotel, and is scheduled to open in September. Guests of the hotel will
        76 words
      • Article, Illustration
        Lock icon Sit cinema-style in a Mitsubishi Dion
        92 24 MITSUBISHI'S Dfcm {above), a newtwb-litre seven-seater, is here. Another Mitsubishi to feature the efficient direct injection engine, the Dion GDI, offers flexible seat configurations, with the third row being able to be tucked neatly away under the floor. There are 16 stowage compartments on
        92 words
      • Article
        Lock icon GM to boost Thai capacity by 50%
        87 24 GENERAL Motors will boost production capacity in Thailand by 50 per cent next year to meet strong demand for its Zaflra mini van. According to Bloomberg, GM will increase capacity by units at its 25 billion baht (SSI .05 billion) facility in Rayong,
        87 words
      • Article
        Lock icon Japanese vehicle market recovering
        103 24 THE Japanese vehicle market is showing signs of recovery, according to the maiden issue of Japanese Automotive Datawatch, put together by Lehman Brothers. "This is the first six-month period since 1995 that we have seen both car and truck sales grow," said Shu Nung Lee, senior
        103 words
      • Article
        Lock icon More want the 'one-touch' shift
        84 24  -  Compiled by Christopher Tan DO sports cars and automatic transmissions mix? According to Porsche, yes. The German carmaker first introduced its Tiptronk transmission in 1960, followed by the steering-button style Tiptronic S in 1994. Since then, the popularity of the "one-touch" shift has caught on,
        84 words
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      138 24 WOW! A $741 VALUE PACKAGE FOR AS LITTLE AS $148 CITIBANK* i v For just 148, readers who subscribe to six months of The f Imk ■HHI L Business Times, and open a Citibank Ready Cred t account ot the same mmgr—* |01SBS| time, will get a Gianfranco Ferre briefcase
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      226 25 Where to wine, dine and entertain..rs(^ssi& Roti prata, sashimi, torn yam prawns; drunken chicken or New Zealand Outlands roast sirloin beef. You'll also stand a chance to win two air tickets and hotel stay to New Zealand. Japanese Buffet Lunch $23.90 (Adult), 40% discount (Child) Euro-Asian Buffet Dinner $24.90 (Adult),
      226 words
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      77 25 f ov% 1 rgqSL fer\ HOTEL QRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tat: 737 9044 Ext 400/02 F«c 733 3175 Fine Dining InA Contemporary Mode\ (S6inSE>\ NORTH INDIAN RfSTAURANT Estd. 1971 Buffet Lunch: 12.00pm-2.30 pm ALa Carte Dinner: 6JO pm-10 JOpm Indulge in exotic Rajasthani. Gujarati, Punjabi
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      Lock icon Page 25 Advertisements Column 3
      161 25 Kunming Delight at Captain's Table specialty hot pot a trendy »cw yndt style itjlian IrattuiLi that combines the willi private dining rooms uni< ue fQ f es and -mm, textures whole I'iofjul 'if "live" garoupa, t fresh beancurd and yam, carefully U blended in a pot I of devilishly hoi
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  • Page 25 Miscellaneous
    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 1
      917 25 TVF.'fTiTi MU ;Iri IM fg»l^Central s&j&fc 600 Wheel of Fortune. 5.30 Tirai: Wanita Dan Pe- LOO Headlines. 9.00 AM Kids Central: Sesa JJlfrice Is Right (Va zSjft 068 LO2 Business Tonight H mp strppt r J"z>. A o-OO lunat. L3O Search World s Best 10.00 Jamboree: Mak 700 gg£ Speclal
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    • Miscellaneous
      Lock icon Page 25 Miscellaneous Column 2
      289 25 CRYPTIC CROSSWORD ACROSS 7 Erica's assistant? (9) 1 A small fortune (6,3,2,4) 8 Fami| y band together on Scot--9 North Star is very oold to begin peninsula (7) with (7) 14 One aide-memoire about the 10 A group of players on leave (7) balance (9) 11 Entering athletic event during
      289 words
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  • EXECUTIVESuite
    • BY DESIGN
      • Article, Illustration
        Lock icon fun at work
        764 26  -  Creative design and use colours help clinch the top prize for Sing Tel Customer Contact Centre at the Asian DuPont Antron Award. TAN SD TEN finds out why the design catches the judges' eyes TAN SU YEN F you ask me, I like to work in a
        764 words
      • Article
        Lock icon Untitled
        440 26 HOUSING LOAM DATES IHHHHI UKUfUmg iY)UPtMK YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6-10 YEAR 11-36 ABN-AMRO Bank (max of 30 yrs) 3.5000 4.2500 4.7500 4.7500 4.7500 4.7500 4.7500 Citibank* (max of 30 yrs) 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 ***** 5.0000 5.0000 5.0000 5.0000
        440 words
    • HOUSEHUNT
      • Article
        Lock icon Property transactions for selected districts lodged between July 10 and Aug 7.
        2217 27 PROJECT NAME/ WWP CONTRACT TENUflE BWLT-W «KE PS* STREET NAME TYPE OMf LAND AREA* {SOFT) (SJ'QOOt (Sfc District 15 AmteTpVk Apt 13/07/00 FH 1744 1100 631 Amberviile Apt 14/07/00 99 1776 620 349 Bougamvtlla Court Apt 23/06/00 FH
        2,217 words
      • Article
        Lock icon New homes for sale
        379 27 DEVELOPER/OWNER DISTRICT LOCATION SQE T0IW-UWTS NO. OF PRICE TENURE (sqft) LAUNCHED UNTT8SOLD iSpsf) 1 > f'Tiw f i i .'V' > m i Queens Ailgreen prop 3 Stirling Rd 914-2,723 536 282 760 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 MB 950 99-yr Grange
        379 words
    • Article, Illustration
      Lock icon The Pidemco way of business
      784 28  -  Keeping to the basic tenet of buying low and selling high in the property business is not always easy while juggling skills are part-and-parcel of overseas property investing. CHEW and i n AMU get an idea of how Pidemco Land operates from its president Liew
      SIEW YAW HOONG  -  784 words
    • Article
      Lock icon Eyes on bigger market share
      387 28 THE new Pidemco Land/ DBS Land merged entity intends to claim up to a quarter of the private residential market, focussing mostly on higher-end homes. But Liew Mun Leong, president and chief executive officer of Pidemco Land, has given his assurance that the group would
      387 words
    • Article
      Lock icon Mixed blessings of a GLC
      354 28 GOVERNMENT-LINKED companies carry with them a certain image and for Pidemco Land, its status is a mixed blessing. "Any business culture that likes stability will like us. Any business culture that likes a bit of up and down trading, will say we are no good,"
      354 words
    • Article
      Lock icon Prudence pays off
      581 28 LIE W Mun Leong is thanking his lucky stars that he stayed clear of the regional market in the mid-1990s when others were rushing to buy properties. "At that time, all these countries I went to see: Hongkong, Thailand, Philippines, Indonesia. They were so hot that I
      581 words
    • Article
      Lock icon Looking back
      291 28 Pidemco Land was formed in 1989 Since then it has grown to become a leading property player in Singapore. The group's total revenue rose four-fold to $1 3 bittion, while net tangible assets grew from $28 billion to $3.6 billion. Total assets are up over 60 per cent
      291 words
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      56 27 Cash for your shares! Call us at Come to us for fast, easy HOTLINE: 880 0688 and hassle-free share loans at ft pr sj at low interest rates. QlllftAPIIItA East Coast: *****62 Beach Rd:292 1459 OinUHTUnn Bedok:*****11 Bukit Timah: 467 1916 Up to 70% financing. Y i~7so Ang Mo Kio:
      56 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      298 29 Bridge News, Reuters THE Baltic Dry Index (BDI) eased four points to 1,647, the Baltic Panamax Index fell seven points to 1,586 and the Baltic Handy Index shed five points to 1,109, while the Baltic Capesize Index rose two points to 2,257. At 1305 GMT, Bififex was unchanged
      Bridge News,; Reuters  -  298 words
    • Article
      Lock icon MARITIME STOCKS
      299 29 MX *000 *ni ts v* CWT Distribution 0.77 -0.01 17 Chuan Hup 0.39 unch 691 Cosco Invastmant 0.20 unch 60 Fraight Links 0.18 -0.01 183 GB Holdings 0.63 uncti 5 Hai Sun Hup 0.37 unch 107 IMC Holdings-HK 5.60 unch 0 Jay* Holdings 0.17 unch 308 Kappai Corp
      299 words
    • Article
      Lock icon Shipowners, not oil firms, should pay for oil spills
      489 29  -  Owners solely responsible for safe operation, condition of vessel: European Shippers' Council Frorti David Hughes in London THE existing oil spill compensation arrangements should be radically changed and shipowners ought to lose their right to limit their liability, according to the
      489 words
    • Article
      Lock icon S'pore sponsors IMO training course
      171 29  -  Front i Alec Almazan in Manila SINGAPORE is sponsoring a training course for Asian maritime instructors from Aug 14 to 25 in Manila. Known as IMO (International Maritime Organisation) Course 6.09, this will be conducted by the IMO and hosted by the Philippine Maritime Training
      171 words
    • Article
      Lock icon Korean, Japanese yards continue fight for orders
      775 29  -  iIHWBUILPS By. David Hughes POR a line that did not exist a few short years ago China Shipping Group (CSG) is engaged in a remarkable newbuildings programme. Its latest contract with Samsung brings the total of 4,000 TEU (twenty equivalent units) vessels on
      775 words
    • Article, Illustration
      Lock icon Shanghai shippers call for end to freight rate hikes
      271 29 Rates on Europe routes up 24.1% from Augl AFX-Asia [SHANGHAI] The Shanghai International Trade Cargo Owners' Association believes the recent increase by a group of shipping firms of prices on routes to Europe constitutes a pricing alliance and should be stopped,
      AFX-Asia; FILE PHOTO  -  271 words
    • SAFETY at sea
      • Article, Illustration
        Lock icon All parties must play their part
        1025 30 Regulations exist but those implementing them, from shipowners to charterers, must be more responsible ITJ SHIP accidents, which often do serious damage to the environment, causing enormous follow-up costs and even loss of human life, usually trigger reactions that peak in a call for
        ITJ; FILE PHOTO  -  1,025 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      179 30 PAGE Djak Lloyd 8 ACL 6 Dongnama 3 a ANL 3 Eastrans 6 It Accord 8 ECL 4 Appenship 5 ECULioe 6 Assets 8 I Austral 8 Su Fuhat 7 Bala,, Shpg 5 GLjnk 4 Gwnartrans 6 8 Hanqh 7 7 Hanjin 3 CM 8 Heung-A 4
      179 words
    • Article
      Lock icon SHIPPING GUIDE
      17969 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Nam* Number Number 31/Ot 21/09 Hyundai MM THAMES 563W 65-*****44 To ABIDJAN (ABJ) 2003 Cot* 0'I voir* 02/09 22/09 cosco normandie bridge jo35w u-i2tme
      17,969 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        562 41 Vessel Voy No Berth Arrival Departure Jvroif Port 8 Mekar ***** J01 09/08/13 45 09/08/23:00 Bt Mustika ***** JOI 09/08/14:00 09/08/23 00 Batulicm 91 JK) 09/08/12:40 IV08/230 Yokohama 006N J06 09/08/19:00 10/08/23:00 Ihokseumawe 1SN J18 09/08/21:00 10/08/15:00 Spc Capricor *****2 J12 10/08/6:30 10/08/19:00 Bt lina Java '0800 JOI
        562 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1974 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy Ho Etb/Btr Period From To From ACTUARIA 07N005 11/800 IA 09/1500 09/1659 09/1900 09/1500 nntf1 09/19oo 2A 09/1/00 *0/0659 10/0900 21 09/1/00 10/0*59 10/0900 j n/oroo to/1159 w/moo 4 10/1200 10/1459 10/1700 AlURIVCR 3SA 11/14 00
        1,974 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        188 41 Aug 12 Thailand: MM The Queen's Birth day. Aug 15 Germany: Assumption Day. Korea: Liberation Day. Aug 17 Indonesia: Independence Day. Aug 27 Philippines: National Heroes Day. Aug 28 United Kingdom: Summer Bank Holiday. Aug 31 Malaysia: National Day. Sep 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival.
        188 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        786 41 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 market. Prices shown are based on average sized stem Market movements are indi cated. The Cockett Bunker Price Index change
        786 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        522 41 Carbon 180 Mm 990.8 0.5 W.I 0.08 79 0.04 D«n»ity Weter »eskh,e Asl, N7.3 OA u'o o.o! 34 0.02 *1.121 380 Mm 993.9 17 ».2 0.09 73 0.05 K6/M*3 V/V M/M »M/M *o t>ov» G3S 5 5 1 0 0 0 ISO/CiiMC Limits s£Te25 9W i!o
        522 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon ANA seeks to build global image even as it cuts routes
        663 42 Japanese carrier hires consultant to redesign logo, raise profile abroad Bloomberg [TOKYO] All Nippon Airways Co, Japan's biggest domestic carrier, plans to burnish its international image even as the airline cuts back on overseas flights. The airline, which has
        Bloomberg; FILE PHOTO  -  663 words
      • Article, Illustration
        Lock icon Air France to compensate all Concorde victims
        188 42 Reuters [PARIS] Air France will compensate relatives of all 113 victims of the Concorde crash, including those who were killed on the ground, the airline's deputy managing director Philippe Calavia said. Mr Calavia told a news conference on Tuesday that insurance companies were
        Reuters; REUTERS  -  188 words
      • Article
        Lock icon Air China sets up HK joint venture
        270 42 Bloomberg [HONGKONG] Air China, the country's national carrier, has signed on China National Aviation Co Group (CNAC) in setting up a joint venture branch in Hongkong to coordinate international flights from the island territory. Air China will own 95 per cent of the
        Bloomberg  -  270 words
      • Article
        Lock icon Airbus jet design faces opposition
        174 42 Bloomberg (WASHINGTON) Airbus Industrie's plans for a new 380-seat jetliner face opposition from the International Brotherhood of Teamsters, which claims the plane's exits will be located too far apart to be safe. The union said it sent a letter to the US Federal Aviation Administration
        Bloomberg  -  174 words
      • Article
        Lock icon Sinking Kansai airport gets upgrading works
        441 42 Japanese airport operator to spend 27b yen to prevent underground flooding AP (TOKYO) Japan's secondlargest airport is sinking, but there is no cause for alarm, its operator says. When Kansai International Airport opened six years ago on an artificial island off the city of
        AP  -  441 words
      • LOGBook
        • Article
          Lock icon European airlines' Jane traffic up 8.3%
          93 42 Bloomberg [BRUSSELS] European airline passenger traffic rose by 8.3 per cent in June, when airlines filled a record number of seats on North Atlantic routes, the Association of European Airlines said. Demand for seats was more than double the supply on all routes. Carriers
          Bloomberg  -  93 words
        • Article
          Lock icon China Southern, Asiana in code-share
          80 42 Reuters [HONGKONG] China Southern Airlines said it has signed a code-share agreement with South Korea's Asiana Airlines covering the carriers* flights between Seoul and Guilin in south China. China Southern will provide 25 seats on its Guilin-Seoul flights for Asiana to sell and likewise Asiana
          Reuters  -  80 words
        • Article
          Lock icon Expansion of Huangshan Airport starts
          84 42 Xinhua [HEFEI] Work on expansion of the Huangshan Airport in the Huangshan Mountain, one of China's major tourist attractions, started recently. The expansion, scheduled to complete in two years, is expected to cost some 200 million yuan (about 24 million U.S. dollars). Upon completion, the
          Xinhua  -  84 words
        • Article
          Lock icon LanChile proposes capital increase
          90 42 Reuters [SANTIAGOJ Chile's leading local airline, Lan Chile, it will ask shareholders to approve a capital increase of between US$6O million (*****.2) million and US$l2O million to help pay for cargo and passenger aircraft "This additional capital will be used to finance the new Airbus A
          Reuters  -  90 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2003 42 CITY FLIGHT ETA FUGHT ETD LH778 1605 S***** 2305 UMl 8*7381 1930 1*7382 2055 «<5T« *05 LH6373 2350 Of81 1930 0f82 2055 1605 S026 2350 MU29 2230 "A 7 MS UM3M 2230 «J» W S0229 2230 W3M 2335 IrtliliB $0327 075 ****** 0040 F*—*« SOW* 830
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  • Page 29 Advertisements
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      160 29 Safety at sea: All parties must play their part BPa««2 f j^^jr > r 3 TrTriTiIMiWBHHfITBHnIWw /■■■■■■ffiS rTWfin ttnSJf The movers shakers shipping are sailing into Singapore in September for MARTECH 2000 an International Conference lißNiPß*JB|y an d Exhibition on I > "Shipping Trends in the New Millennium". i| And
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      204 30 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com K fid grhprii tis*=; Shipment Eiurnrrary mmvtdifmtmmmrnmmmm 1 iionS"*® SENLIM AGENCIES
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      741 30 Lines services represented by Members of the Registry of Members of the Accredited Shipping Agents, Singapore Logistics Singapore Shipping Association Association ULY UNI MAU VISSEI VOY Tn* r ~ETA ETA P. KLANG SPORE MAU Princess Lily VO5OO 06/08 10/08 17/08 Empress Lily VO7OO 24/08 26/08 03/09 Princess Lily V.0600 11/09
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      970 31 SAX SERVICE (DIRECT) Vissa VOY SMEU LAX OAK DAL HOO CM COl «l NYC mrnma 26/07 io/oT" 15/oe is/os is/m is/os is/ob is/os i6/os i 6/« Aft. SARDONYX 022 02/08 17/08 22/08 22/08 22/08 22/08 22/08 22/08 24/08 24/08 Aft. TOURMALME oSF" 09/08 24/08 29/08 29/08 29/08 29/08 29/08 29/08
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      1760 31 @(ntaarf Writi Hotfcw HANJIN SHIPPING likl" I U -Sde *****30 HANJIN SMPfING (S) PTE LTD Hip w IOOtIKG *****3S 737 SOUS *****74 731 OOCUMEKI *****71 774 OftUTIOIft *****50 7SI MAIN LIME *****5S FAX S3tl US NO *****93Q000M TO NW USA CANADA USA CANADA'"" fOt V5l/VOY IAM UMHAU/VOY Ok TW KN
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      348 31 VtSSfl VOY SIN fKG VOY SIN HKG KEL USN PUS VtSSfl VOY SIN JtT SUB Km IK" 1 ftfi liiß liß -am— s —a i ss.a ,m inoas io3s ivm rm 27/ M msovu *s_ n/m_ is/m 34* i*am 20/ m rvm ?s/m ?s/w yrsel voy sin Pic 1 wbo
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      1749 32 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANS ANAPA VESSEL WW IT LEH HTM MM HMI IHV FU VtKtl VOT MM GIT SPE fOS VIC MIW HANJIN VANCOUVER 006TW 1100 BH HH 31H tl M 310* PAURMO SENATOR OMOW 10 00 77 M 2*lo 31 M CM KM CHOTANG ATLAS 0014W
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      1093 32 mjkm MAC-NELS S PORE M'SIA Carrier: MN CONTR UNES, INC P. GUDANG: (07) *****26 I I-IVy J cm NO: ISOOS7SOOOOC seu: (064) *****9 MANILA: (63Z) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANC: (03) *****77 JKT: (21) *****45 KUCHXG (082) *****1-3 VALPARAISO MV "ROYAL CONTAINER" V.RCOO3N
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      746 32 EXPRESS CONTAINER FEEDER FOR NSHEVA (CFS MIA UNO MUMBAt COLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN I C O POINTS Vessel SPORE NSHEVA COLOMBO PKLANG CAPE CANAVERAL V 127W 13 AUG 22 AUG 26 AUG 01 SEP TULSIOAS V 129 20 AUG 29 AUG 02 SEP 00 SEP CAPE
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      1712 33 jOVESSCL VOY HKG KHH I SIN PKI I OXB BAB DMM BIK IRAN BAAKERI PCI-167 10/0« 12/08 17/08 18/08 26/08 27/08 29/08 31/08 IRAN HESABI PCL-168 17/08 19/08 24/08 2S/08 02/09 03/09 05/09 07/09 IRAN HORMOZGAN PCL-169 23/08 25/08 30/08 31/08 07/09 08/09 12/09 14/09 IRAN TEHRAN PCL-170 01/09 03/09
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      1146 33 fa: MKOiIETOT 1 jy HUtN I W XIAMZN T BKD Y I mail nm ww J I GENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) COSTAR SNIPPING PTE LTD #12-00 SALES/BUGS *****57/43 INWARD DIPT (D/O) *****86 COSTAR AGENCIES (M) SDN BND CRNO: *****8V0000M SINGAPORE
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      1022 33 iUROPt IXHttSS SERVICE EXPORT T IMPORT CYtfLAS 15"08 '01*0® 03 T W' 04*0« oTW oTw 'OMW HJKEIUK 02W 20/07 '21/07 24/07 27/07 13/08 POHAHCSW ;oijW ;22.M [08. 0« 10. 09; 11. 09 12. 09 .13/09 .14/09 Or kG JIH 27/67 .#'67 .31/67 63/Oi 26/08 POtTUGAi «N 013W 29 01 15
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      1093 34 ARABIAN PERSIAN GULP/WHAN SUB CONIMMT SERVICE EXPORT VESSEL VOYAGE SGP CAB DM JRA ABU (MAN BAM KM NXV SING Ht 0160* 11/DB 27/01 ?6 08 UNI AXOEHT *****27W 14/01 11/01 73/01 74/08 7V« YIN HE OIBIW 18/ OB 71/0130/01 01/W- UNI Mini o*7* 030* 71/01 25/08 30/08 31/08 01/09 IN
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      1048 34 fTjTZ ADVANCE CONTAINER UNES (PTE) LTD Al I TEL: *****21, FAX *****19. TELEX :RS ***** ACLPL CR NO. ISS3BMOOOOE W FOB BOOKINGS PLEASE CALL: *****22 SALES A MARKETING *****21-21 BANGKOK. Si.i.mt/Wff* JAKARTA •(7 toWf****) VESSEL VOY aw HOC vessel I VOY I SM I jkt YANTRA BHUMIPAT) 353N 12/8 Stf
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      392 34 J§ IJJIJMII.iI JO SO TELOK BLANGAH ROAD *02-02 CmTORT CENTRE STORE *****0 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** Cfl NO. **********0W VESSa W ETA ETD DESTHATDt LMAMU OHM MUM 13W2000 PONTMNM KAGURI I*2ooo 114*2000 *****000 PONTVMM OMOUKWA *****0 11W20N 124*2000 PALfMOAMaftQ. OALAM For enquiries and bookings please
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      483 35 BSfl x MM* MYANMA wBBk FIVE STAR LINE W (Myanmar National Line) w Loading for Yongon VESSEL VOT SIN Mil PIN PGU MAWUMYINE 90W SU) SAGAING MW SU> MALAYSIA AGENTS: BOUSUAD SHIPPING AGENCIES KUL HI 03-*****00 PKL HI 03-*****101 PEN: HI 04-*****02 PGU: TEL 07-*****21/4 BANK LINE (A service of
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      1243 35 HMNE= HYUNDAI MERCHANT MARINE CO., LTD. VBSa VOY SBN I SOU UH RIM ANT HAM 88V IVKSB I VOT I SOU I IB! RTM I ANT HAM I BBV |SM NOL BUS 017W 11/08 01/09 02/09 27/08 29/08 HY FEDERAL 32SE 26/07 19/07 25/07 22/07 12/08 API PEAK 017W 14/08
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      774 35 wftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA ROSO HIAVYUFT SIRVKI* fVfSSEI VOY RAMP HEIGHT SIN |UC MAO MIA SAV BAL ORF NYC NEW MOI TAMPERE AHOI6 400T«« 6JM 127 M OMIT VT/W 20/09 22/09 24/09 25/09 27/09 01/10 04/10 TEXAS AHOI7 ♦OOTom 6.3 M 27/08 2S/09 03/10 06/10 25/10
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      1709 36 INDONESIA NATIONAL LINE TO AUSTRALIA I RJLL CONTAINER SERVICE Vft Wt m wf CTB m w w lASUUI MS H IS/H 11/01 01/W kmmsmm 5s omt n/m li/»i os/o» mivarr aT H/m lt/w n/w is/w tflßHUli) "w" M/W M/W IS/W 17/W l«/t» TT/tt FEEDER SERVICE TO INDONESIA Wl VOT MKUMtI
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      48 39 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe To EASTMAIirSIA C'P AC^A AST/ PORTS 3.t. ASIA service DETAILS Pg 8 Pg 1 (Barwil)
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  • Page 41 Miscellaneous
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      119 41 p N *'1 i s sued Service Sin gapo re p£ Thunderstorm JL STIOW6f3 /a 2. Ram TerrperaUjre C~/ wind di rection and speed in knots 2? na,n weather Cloudy Day t><s nary Sea Conditions Wind speed synods O PjII circiewAD line indicates calm of light and valiable vAnds 1
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      227 42 INFORMAL RATE AGREEMENT (IRA) FAR EAST MIDDLE EAST TRADE RATE RESTORATION ON 15 SEPTEMBER 2000 Arising from a recent review, the Member Lines of the Informal Rate Agreement (IRA) have agreed to implement a rate restoration with effect from 15 September 2000. Member Lines will restore freight rates by USD
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