The Business Times, 28 September 2000

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Microfilm: NL21914
Total Pages: 54
1 54 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITAjP) 035/12/1999 85C SINGAPORE THURSDAY, SEPTEMBER 28, 2000 Internet: http://business-times.asial .com.sg/
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  • Article
    Lock icon MARKET SUMMARY
    73 1 sn U7OJ9 (-19.19) BT-SBI 77L76 (-9.43) ST INDEX njTUKES 1,979.00 (-22.00) SMSCI FUTURES ***** (-3.50) STOCK MARKET INDICES Wednesday Change KLSE COMP 728.46 -7.08 NIKKEI 225 15,639.96 —-288.67 HANG SENG 15,444.13—+153^8 SET INDEX 285J8 +3.30 JAKARTA COMP —410.13 1.72 MANILA COMP —1,***** +13.07 TAIPEI WPI 6,717.04 -31.99 SEOULCOMP
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  • Article
    Lock icon FINANCE
    72 1 FOREX SATES us$ s$ US$ LW £ft'SS/S$ per 1.466 1562 EURO{US$/S$/E) 0.886 1542 DM 2507 1168 YEN 1075 6150 RM 180© 2.184 HKS 7.798 4.481 BAHT 42.03 24.15 RIIP1AH 8,780 5,045 PRIME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 .JAKARTA .39.00 BANGKOK .....#.50 MANILA 11 00 HONGKONG 8.50 TAIPH 7.84
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  • Article
    Lock icon Foreign firms bidding to offer STI traded fund
    688 1  -  BTrr 731' kit'H S6X expects to launch instrument in the first quarter of next year By Siow Li Sen [SINGAPORE] Investors here will soon be able to trade a Straits Times Index exchange traded fund (ETF), a product now sweeping the world's
    688 words
  • Article, Illustration
    Lock icon Jakarta markets paralysed by stand-off over Tommy
    694 1  -  Prosecntors waver on whether to arrest him now or later From Shoeb Kagda in Jakarta THE continuing face-off between the government of President Abdurrahman Wahid and the family of former president Suharto brought Indonesia's financial markets to a standstill yesterday. One day after
    Source: Bloomberg  -  694 words
  • Article
    Lock icon Let students stone Suharto home: Gus Dur
    139 1 AP (JAKARTA) Indonesian President Abdurrahman Wahid said yesterday that police should allow students protesting against former president Suharto to stone his central Jakarta house, news reports said Wednesday. "The most they (protesters) can do is throw stones at the windows. Leave them be,
    AP  -  139 words
  • Article
    Lock icon Some S'pore firms headed for New York listing
    742 1  -  ■rrtsvijnumj A couple of tech firms planning to do so next yean exchange official From Jennifer Lien in Silicon Valley SOME Singapore companies may be listed on the New York Stock Exchange (NYSE) next year, a senior exchange official said here yesterday.
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      76 1 INSIDE Top stories Media Corp acquires 1-Net for $10m. Next Page fepjT&T e»» H Keppel T&T buys stake in US-based Computer Generated Solutions. Next Page J W ML j NEL aborts plans to buy 3Com's Chicago plant. Pg 4 Clipsal maintains interim profit at $5.6 m. Pg 8 Manufacturing index
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      73 1 I NFFD <?f> mf Con do fVL v. jL./ w V IVI FREE ADVICE? Your problem is our problem. The Motoring Page is starting an advice column, with the help of the Automobile Association of Singapore. Send us your queries on anything related to motoring and we'll try g* our
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      96 1 --3%. HMMfet j»- v *r7Jfm A V ■^l^r' P^ K ;|>fllß^Hß|^|m4^ J^l T 4^ a mio\*s»s- r 'Vi^ x yiM*s^ AFP Schumann in upset win ISYDNEY] M'/s Schumann of Germany (bottom) being hugged by Hezekiel Sepeng of South Africa after Schumann took the Olympic gold in the men's 800 m
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    • ON THE grapevine
      • Article
        Lock icon One China, one drink
        181 2 FREQUENT travellers to mainland China would be familiar with the Coconut Palm Brand of fruit juices and mineral water products. The beverages have in fact been designated by the Diaoyutai State Guest House of Beijing as the official drink for state guests and they have been
        181 words
      • Article
        Lock icon Chartered's $71,000 help
        43 2 THE Children's Aid Society of Singapore will be receiving a van from Chartered Semiconductor Manufacturing as part of the company's corporate citizenship programme. Worth $71,000, the van will let the society provide transportation to school and for emergency medical services.
        43 words
    • Article, Illustration
      Lock icon MediaCorp buys 1-Net for over $10m
      677 2  -  Purchase price plus expansion fund likely to amount to just short of $15m By Teh Hooi Ling [SINGAPORE] Media Corporation of Singapore (MCS) is buying 1-Net. the provider of the Republic's core broadband network. Singapore ONE, for slightly more than $10 million. Anthony Chia,
      FILE PHOTO  -  677 words
    • Article, Illustration
      Lock icon Deal shakes up broadband, equation
      582 2  -  TECHNOLOGY Purchase by MedlaCorp resolves Important uncertainties but also Introduces new unknowns kenneth james ONE month ago, Mock Pak Lum, CEO of broadband infrastructure operator 1-Net Singapore, mooted the merger of Media Corporation of Singapore and Singapore Telecom. Bold idea. Mr Mock, in a commentary
      582 words
    • Article, Illustration
      Lock icon KT&T buys 20% of US IT services provider
      606 2  -  ItwillpayUSsBom for stake through issue of 75m new shares By Conrad Raj [SINGAPORE] Keppel Telecommunications Transportation looks to have put in place an important plank in its e-business strategy with the acquisition of a 20 per cent stake in US-based Computer Generated
      Source: Keppel T&T; CHRIS LOH  -  606 words
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      157 3 fcjwy y*y ii »■»> yrsWgL^yp^«*>,Aff*^7-. r- j^^R^^low^.-ir > -fl* vc}\ .»v s aiMtfur Mill B^H There are still some things in life worth desiring. Like The Glencaird Residences. Like the chance to live at Singapore's most prestigious address on Dalvey Road. And having just about everything. A retreat. The perfect
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon NEL aborts plans to buy 3Com's Chicago plant
      608 4  -  It expects to save USsl3om to USslsom by backing oat of deal Ny David Boey NATSTEEL Electronics, one of Asia's top electronics contract manufacturers, said yesterday that it has cancelled plans to buy a Chicago plant from 3Com Corp, the world's second
      FILE PHOTO; Source: Bloomberg  -  608 words
    • Article, Illustration
      Lock icon New liberalised broking fees look suspiciously similar
      373 4  -  The first firm to unveil its rates last week has readjusted its charges in line with 7 others By Andrea Tan A STRONG sense of camaraderie or just peer pressure? The new commission charges unveUed by a host of broking houses look suspiciously
      FILE PHOTO  -  373 words
    • Article
      Lock icon Food for thought for the other closed-end funds
      696 4  -  hock i f.?j m wong wei kong CLOSED-END funds received more attention than usual last week when DBS-backed General Securities Investments (GSI) announced its plans to dissolve itself because of the sharp and chronic discount to net asset value (NAV) that its
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    • COMPANY Briefs
      • Article
        Lock icon Merrill to issue PCRD call warrants
        112 8 AFX-Asia MERRILL Lynch said it is issuing call warrants on Pacific Century Regional Development (PCRD) for the third time this year. Based on a term sheet it issued, Merrill Lynch is issuing 10 million warrants, carrying a premium 0f54.39 per cent and a gearing
        AFX-Asia  -  112 words
      • Article
        Lock icon Wee Poh plunges into red
        77 8 WEE Poh Holdings plunged into the red for the year ended June 30 with a hefty $7.amillion net loss. The previous year, it reported net profits of $133,000. Turnover dipped 7 per cent to $121.1 million. Loss per share was 6.51 cents, compared to earnings
        77 words
      • Article
        Lock icon PSL suffers loss despite strong sales
        70 8 DESPITE seeing sales jump 34.4 per cent to $12 million, PSL Holdings suffered a $3.4 million net loss for the six months to June 30. The previous year, it reported a $43,000 net profit. Loss per share deepened from 0.03 of a cent to
        70 words
      • Article
        Lock icon Wepco enjoys 89% profit Jump
        55 8 WEPCO enjoyed an 89 per cent jump in net profits to $603,000 for the half-year ended June 30. Turnover increased 16 per cent to $3.8 million. Earnings per share was 3.7 cents, up from 1.96 cents. Net tangible assets rose from 22.77 cents to 44.95
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      • Article
        Lock icon Nylect earnings soar 83%
        50 8 NYLECT Technology yesterday announced a robust 83.1 per cent rise in net profits to $760,000 for the half-year ended June 30. Sales grew 70.4 per cent to $17.5 million. Earnings per share increased from 0.79 of a cent to 1.47 cents. No interim dividend was recommended.
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      • Article
        Lock icon Zagro profit up despite turnover fall
        63 8 ZAGRO Asia posted a 15.3 per cent rise In net profits to $1.1 million for the six months ended June 30, although turnover fell 11.2 per cent to $26.2 million. Earnings per share remained unchanged at 0.4 of a cent, while net tangible assets
        63 words
      • Article
        Lock icon Poh Tiong Choon profits down 51%
        64 8 POH Tiong Choon Logistics reported a 51 per cent drop in net profits to $926,000 for the half-year ended June 30. Turnover remained largely unchanged at $19.1 million. Earnings per share tumbled from 1.7 cents to 0.5 of a cent. Net tangible assets per
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      • Article
        Lock icon Liang Huat earnings take a tumble
        66 8 LIANG Huat Aluminium announced a 38 per cent fall in net profits to $1.4 million for the half-year ended June 30. Sales rose 9 per cent to $53.6 million. Earnings per share was 0.26 of a cent, down from 0.47 of a cent. Net
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      • Article
        Lock icon Wellnet profits slide
        51 8 WELLNET Holdings' net profits fell 62.6 per cent to HK$lO million (552.2 million) for the six months to June 30. Turnover, however, rose 13.5 per cent to HK$l.2 billion. Earnings per share was 1.14 HK cents, compared with 3.26 HK cents the previous year. No dividend was
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      • Article
        Lock icon Enersave sinks into red
        74 8 ENERSAVE Holdings plunged into the red with a net loss of $808,000 for the half-year ended June 30. The previous year, it reported net profits of $1.2 million. Turnover fell 34 per cent to $12.3 million. Loss per share was 0.75 of a cent, compared with
        74 words
      • Article
        Lock icon Ho Wah slashes losses
        64 8 HO Wah Genting International cut its net losses from $2.1 million to $117,000 for the six months to June 30, despite suffering a 41.5 per cent drop in turnover to $1.4 million. Loss per share decreased from 6.7 cents to 0.36 of a cent. Net tangible
        64 words
      • Article
        Lock icon Pakara stages turnaround
        65 8 PAKARA Technology turned around from a $500,000 loss to post net profits of $6.2 million for the half-year ended June 30. Turnover rose from $4.8 million to $11.5 million. Earnings per share was 12.38 cents, compared to loss per share of 1.34 cents the previous year. Net
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      • Article
        Lock icon Shareholders give nod to scheme
        81 8 WITH regards to the proposed merger of Kay Hian Holdings, UOB Securities and the UOB Group's overseas stockbroking interests, Kay Hian said its scheme shareholders have approved a scheme of arrangement. Kay Hian added that at an extraordinary general meeting held yesterday, its shareholders approved
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    • Article, Illustration
      Lock icon Clipsal maintains $5.6 m interim on lower turnover
      277 8  -  Revenue for first half falls 8% to $95.3 m due to lower sales by Australian associate Mistral International Reports by Andrea Tan ELECTRICAL equipment maker Clipsal Industries (Holdings) has maintained its interim net profit at $5.6 million despite an 8 per cent
      FILE PHOTO  -  277 words
    • Article, Illustration
      Lock icon Clipsal MD confident of routing any takeover bid
      297 8 He believes major investor Gold Peak will raise its stake ANY takeover attempt on electrical equipment maker Clipsal Industries (Holdings) is likely to be beaten off, managing director Chau Kwok Wai said yesterday. French group Schneider Electric Industries has been buying Clipsal
      FILE PHOTO  -  297 words
    • Article, Illustration
      Lock icon Manufacturing Index slides to 11-month low
      392 9  -  Fears of global economic slowdown poll down stocks of manufacturers Reports hi, David Boey FEARS of a slowdown in the global economy overshadowed the stronger-than-ex-pected performance by Singapore's manufacturing sector in August, sending the bench mark SGX Manufacturing Index to an 11-month low of
      Source: Bloomberg  -  392 words
    • Article, Illustration
      Lock icon New fabs seen boosting chip production
      371 9 HIGHER production from new semiconductor plants should continue to underpin growth in Singapore's electronics sector and contribute a large chunk to the economy's overall manufacturing output. Economists credited higher manufacturing output in August to new capacity added by electronics companies such as Chartered Semiconductor
      371 words
    • Article
      Lock icon Tuan Sing interim jumps 27%
      361 10  -  Strong contribution from Gul Tech boosts earnings to $5.7 m Marissa Chew TUAN Sing Holdings yesterday posted a 27 per cent increase in interim net earnings to $5.7 million, thanks to the sterling performance of listed subsidiary Gul Technologies. SPP. which is 61 per cent
      361 words
    • Article
      Lock icon Koh Bros profit remains at $1m at half-time
      323 10  -  By Serena Ng SPECIALIST construction firm Koh Brothers yesterday reported a flat interim profit of $1.07 million and its building materials and equipment sales and rental subsidiary G&W Group Holdings slipped into the red. Koh Brothers said turnover for the six months
      323 words
    • Article, Illustration
      Lock icon KLW's earnings take a hard knock
      362 10  -  liy David Boey KLW Holdings, a Sesdaq-listed door maker and furniture retailer, said its interim earnings tumbled 55 per cent to $1.1 million as start-up costs from the launch of a new factory and its Barang Barang retail store shaved half-time profits. For its
      FILE PHOTO; Source: Bloomberg  -  362 words
    • Article
      Lock icon Straits Trading posts 63% jump in interim profit to $28m
      460 10  -  Rise in hotel revenue and trading volume of investments boost group turnover Serena Ng INVESTMENT holding firm Straits Trading Company Ltd yesterday posted a robust 63 per cent jump in interim profit to $27.87 million, boosted by higher profit contributions
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      262 4 25 -28 SEPTEMBER 2000 11 AM -6 PM SINGAPORE EXPO, SINGAPORE m HH2OOO 2000 (*****0 M w w w COMprcssors& 111—Hill Incorporating J™* SYSTEMS ASIA 2000 ,1 air filtration WATERTCC CHIMTIC I PURIFICATION ASIA 2000 TDB— nui B£FBIGwuWH mm BHB ,w ASIA2OOO HB 8888 mMMGWRnsBan mrnmrnmp HALLS 3 4 HALL
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      61 5 Sitting. Sitting pretty. Access to 500 lounges worldwide is just one of the advantages enjoyed by Star Alliance™ Gold members. If you would like to become a Gold member, or simply learn more about Star Alliance visit us at www.staralliance.com. STAR ALLIANCE The airline network for Earth! ANAW f] AiRLINFS
      61 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Electronics, bank counters hit amid stock-sivitching
      511 6  -  STOCKS r.sivanithy THERE was a decidedly "old" feel to trading yesterday after the supposedly New Economy Nasdaq's weary showing on Tuesday, which cast a pall over regional markets. Despite punters running through a handful of tech stocks here to try to drum up interest,
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    • Article, Illustration
      Lock icon L-Jacob wrt's fall against sharp share rise surprising
      192 6  -  WARRANT WATCH By R Sivanithy LINDETEVES-JACOBERG'S shares yesterday rose sharply on the back of details of a restructuring but its warrants closed weaker in thin volume. This could be because of uncertainty over what will happen to these warrants once the restructuring
      192 words
    • Article, Illustration
      Lock icon DBS $3 below 60-day trading average
      219 6  -  HOT STOCK By Ven Sreenivasan YESTERDAY was a bad day for bank stocks. Most were dragged down to three-month lows. DBS Bank was the worst hit as it tumbled 70 cents to $19 its lowest close since early June. A total of 2.4 million
      219 words
    • Article
      Lock icon Market Notices
      167 6 volume of 2.3 million. Most market watchers attributed yesterday's retracement by bank stocks to a market-wide selldown. As PrudentialBache's banking analyst Tony Raza put ♦WAH Shing International Holdings is going ex-dividend (interim dividend of 1.00 HK cent tax exempt) on Oct 5. Last day for buying-in on a
      167 words
    • Article, Illustration
      Lock icon Regionals rally as euro breaks above 88 US cents
      331 6  -  CURRENCIES larry wee ANOTHER weak Wall Street session overnight propelled the euro through important resistance at 88 US cents and encouraged stale US dollar bulls to further trim positions ahead of the Danes' key vote on EMU entry later today. Combined
      Source: Reuters  -  331 words
    • Article
      Lock icon Untitled
      513 6 Stocks Volume Golden Agn USIOc 26.367,000 NOL 6,479.000 PacCent ML CW*****5 5,884,000 Asia Dekor HK15c 5,649,000 IPC020C 5,201,000 Asia Food&Prop 5,190,000 Eastern Asia 5,166,000 SingTel 15c 4,526,000 ITechGrp4c 4,323,000 LiXin 10c 4,244,000 Stocks DBSQrp 46,249,872 PacificCentury 44,514,000 SPH 27,343,216 UOB 24,350,222 Chart Semiconductor 26c 18,664,008 SIA 18,336,720 Creative T 25c
      513 words
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      1174 6 I i NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 (fo WING TAI HOLDINGS LIMITED f (Incorporated in the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS REDEEMABLE CUMULATIVE PREFERENCE SHARES DUE OCTOBER 2001 FOURTH CUMULATIVE PREFERENTIAL DIVIDEND OF 5.25 P.A. (GROSS) PAYABLE ON 23 OCTOBER 2000
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      488 6 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of TOTEX ENERGY PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that a Final Meeting of the members of the abovenamed Company will be held at
      488 words
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      44 6 Grow Your CPF With eiBht Important All applications for units in eight 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 fall as weil as rise 01
      44 words
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      194 7 t \t&p 1 Mr"if -*1 .'V V' 'r- 1 'Y' ■I^^bbmWmSMHll KBSCISVII BtvwUllilllll jp fflvllllli r\ j j a i j*-. J fly fM y j/fr 1 4^ i L T I 1 f niT J/^ [1 A' -v Clll3 JbP jSjJKSE •<% i f -t Be-' r I \i
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      1274 8 11CLIPSAL Clipsal Industries (Holdings) Limited Ml (Incorporated in the Republic of Singapore) Announcement of Unaudited Results and Dividend for the six months ended 30 June 2000 The Board of Directors of Clipsal Industries (Holdings) Limited announces the unaudited results of the Group for the six months ended 30 June 2000
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      24 8 Ifc-. Create a romantic holiday for you and your loved one through The Straits Times Classified. ft CA.TAJ Buy It Sell h. Find It.
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      13 8 s s' nil M B B OPi H MB l, n ,h i
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      290 9 x property Prime Freehold Site For Sale tai gin apartment /y M a Site area 14 967 sq aPProx- Freehold Ns\ Residential zoning For further information and tender ratio 2.8 documents, please contact: 3 Up to 36 storeys Vincent Lai Tender closing date Vivian Choo 18 October 2000 at 4
      290 words
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      98 10 Better Sleep Through Science. SIMMONS SOI'THK AST ASIA PTE LTI' 100 B. *< H Hojf •>! Shi» Tn»i r 18't702 T. I *****78 Fdv 2^0002 How do so many ol our choice hotels Heep their guests happy in bed? The answer clearly Simmons With 9 out of 10 prestigious hotels
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  • SINGAPORE news
    • Article
      Lock icon CalendarONE buys Ticket Charge, plans regional expansion
      322 11  -  IT company signs deals on ticket sales ahead of postponed SGX listing Vivien Ng INFORMATION technology company CalendarONE has bought ticket agency TicketCharge and signed a deal yesterday with Ticket Express in Malaysia to help it move into ticket sales for regional events.
      322 words
    • Article
      Lock icon Smartbunkers, Telerate to offer real-time data
      199 11 ONLINE marine fuel exchange Smartbunkers yesterday signed a deal with Bridgeowned Telerate to launch Smart Channel, which will offer real-time global market information on the bunker industry to Smartbunkers exchange users. Smartbunkers said the partnership will help it provide a more efficient service and
      199 words
    • Article
      Lock icon Corrections and clarifications
      94 11 The table accompanying Tuesday's report "Life sciences team to discuss ways to boost Singapore industry" contained a number of errors. Dr Stanley Cohen's title is professor of genetics and medicine, and Dr Keith Peters is Regius Professor of Physic, not physics. We also misspelt Dr Kourilsky's name.
      94 words
    • Article, Illustration
      Lock icon Production outlook bright despite risks
      260 11  -  Hy Audrey Tan THERE are downside risks for Singapore's manufacturing growth in the months ahead, but the overall production outlook remains bright, says JP Morgan. Economist Tan Tzu Ping says that the main theme is still that manufacturing will continue to drive economic growth. But
      Source: JP Morgan  -  260 words
    • Article, Illustration
      Lock icon Nine key players join forces to boost construction industry
      339 11  -  New group drawing up codes of conduct for the industry Andrea Tan NINE key players in the construction industry have joined forces to help improve its fortunes. The group, called the Construction Industry Joint Committee or CIJC, will work with bodies
      FILE PHOTO  -  339 words
    • Article
      Lock icon China firms keen on tapping S'pore experience
      449 12  -  NUS fellow gives tips to Beijing on meeting challenges posed by WTO entry By Tay Hong Seng TO restructure and meet tne challenges posed by China's entry into the World Trade Organization (WTO), many state-owned enterprises (SOEs) in China are keen to tap
      449 words
    • Article
      Lock icon DBS Bank mulling new logo as part of new strategy
      388 12  -  BTia'MIIUWJ But priority is to integrate various operations, initiatives: spokesman ity Conrad Raj IT has already brought in a new team, a new strategy and new initiatives. And now a new logo may be in store for DBS Bank. Singapore's
      388 words
    • Article, Illustration
      Lock icon HP develops remote printing e-service
      396 12  -  It teams np with Sing Tel and Lycos Asia for six-month trial By Tang Weng Fai HEWLETT-Packard (HP) yesterday announced it has teamed up with Sing Tel and Lycos Asia for a sixmonth trial of an innovative remote printing e-service which is accessed through WAP-enabled
      396 words
    • Article, Illustration
      Lock icon Former Cockpit owner buys Australian hotel Gazebo for A$11m
      291 12 FORMER Cockpit Hotel owner Teo Lay Swee has bought his fourth Australian hotel Brisbane's Gazebo Hotel. Confirming a recent report in the Australian Financial Review. Mr Teo. 70, said the Asll million (5510.5 million) acquisition did not entail assumption of debt.
      291 words
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      149 11 \VOKI l> t IMK H vi( ■MUNHB j f| i| •N all PAT£?V i I I A —H N 1J :8 4] r 'Ist i I I I VBBr j HE OF ssssisss I PATEK PHILIPPt 2* zz Tradition, innovation and unparalleled craftsmanship. 0 PAR/s mj A. tribute to a
      149 words
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      44 12 mm wM mL. t Hr |Hk .1 iHhR H Ermenegildo Zegna Sportswear Paragon #01-34 Tel: 735 8147 Isetan Scotts Level 3 It is the complete collection created to suit various needs. Practical TBl: *****39 garments in high performance fabrics perfect for leisure time. www.zegna.com
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  • MAIL bag
    • Article
      Lock icon HDB's role is to regulate; not be a middleman
      376 13  -  Vincent Tan Chee Kian I REFER to the column by Lee Han Shih, "HDB can do more with its resale flat website" (BT, Sep 12). I cannot believe the reactions triggered by the columnist's request for HDB to have a place
      376 words
    • Article
      Lock icon Cutting agent's fees could hurt service level
      272 13  -  Tan Toh Chen I REFER to the recent mail contributed by readers on the property agents' commissions. Well, in my case, I bought my HDB flat some months back through an agent whom I enlisted for help to find my home, giving him
      272 words
    • Article
      Lock icon Net CPF fund flow deficit not unhealthy
      440 13  -  Ronald Chong Manager (Public Affairs), Central Provident Fund Board Singapore via Internet I REFER to the article, "CPF: Too much in property?" (BT, Sept 19) by Lee Han Shih. in which he suggested CPF funds are over-exposed to property and the CPF Board
      440 words
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      412 13 Maybank Singapore is pleased to be a distributor of AIG A-One investment plan and to celebrate this partnership, we are giving away a Rolex watch to one lucky contestant. Simpjy send by mail, or fax the completed coupon below to us by 29 Sep 2000 to Qualify for the draw.
      412 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Hot money can leave as fast as it enters US
      778 14  -  jHEmmmm iTTTwulrnTl OPINION robert samuelson The Washington Post Writers Group OURS is a world of free-flowing capital. Companies, mutual funds and individuals increasingly invest across national borders. This is one of globalisation's most erratic and brutal upheavals. The latest reminder
      The Washington Post Writers Group  -  778 words
    • Article
      Lock icon IN OTHER WORDS
      89 14 'It would be much easier to achieve at least from a technical point of view than people think.' Robert Mtmdell the Nobel prize-winning economist credited with coming up with the idea of the euro, suggesting there should be a global currency as well. This is a little
      89 words
    • Article
      Lock icon Oil and politics don't mix
      585 14 EDITORIAL US President Bill Clinton has made the decision to tap into America's Strategic Petroleum Reserve and release 30 million barrels of oil over the next month. US energy officials describe it as an effort to ease the pain of soaring oil prices and to
      585 words
    • Article, Illustration
      Lock icon Is secular rule near its last lap in Malaysia?
      1038 14  -  Those calling for an Islamic state just want what the secular state promised clean, efficient and trustworthy govt By Farish A Noor The writer is a Malaysian political scientist and human rights activist. He is currently researching the subject of Islamist
      FILE PHOTO  -  1,038 words
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      Lock icon US is right to tap ail reserves to break Opec's hold
      755 14  -  COMMENTARY By Paul Krugman The writer is a professor of economics at MIT NYT THE decision to release part of the US Strategic Petroleum Reserve has been widely criticised. Even many commentators with no ax to grind seem convinced
      NYT; FILE PHOTO  -  755 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Westport aims to win back M'sian cargo
      558 15  -  Port pledges world-class service following stake acquisition by Hutchison hYttm Eddie Toh, Quak Hiang Whai MALAYSIA'S Westport, which has brought Hongkong tycoon Li Ka-shing's Hutchison Whampoa group on board as a partner, is set to recapture part of the Malaysian cargo flowing to
      AFP  -  558 words
    • Article
      Lock icon More boardroom changes at MRCB and media arms
      312 15  -  Revamp continues at firms once controlled by Anwar associates From Eddie Toh in Kuala Lumpur THREE major Malaysianlisted companies once controlled by associates of former deputy prime minister Anwar Ibrahim saw a flurry of changes to their boardrooms last night. The companies
      312 words
    • Article
      Lock icon First Malaysian microsatellite launched
      119 15 KUALA LUMPUR AP A SMALL Malaysian observation satellite has been launched from a Russian cosmodrome in Kazakhstan, one month after technical problems kept it from heading into space, the national Bernama news agency reported yesterday. A Russian launch vehicle from Baikonur cosmodrome successfully put Malaysia's first
      AP  -  119 words
    • MARKET moves
      • Article
        Lock icon RHB Capital shares hit year's low
        82 15 SHARES of RHB Capital Bhd, owner of Malaysia's third largest bank, fell to their lowest in a year at one stage as investors bet that a planned separation its banking and brokerage arms would make the company worth less than before the split. It
        82 words
      • Article
        Lock icon Large-cap stocks fall on US fears
        81 15 Compiled from Bloomberg LARGE-CAPITALISED stocks fell on concern lower-than-expected US corporate earnings will lead to slower economic growth, hurting demand for Malaysian-made goods such as electronics. Eastman Kodak Co and Lexmark International Inc on Tuesday warned that second-half profit will disappoint. Tenaga Nasional fell
        Compiled from Bloomberg  -  81 words
    • Article
      Lock icon MMC to turn to power, ports after Ashton stake sale
      450 16 KUALA LUMPUR Bnt mining will still be a core business, says group CEO Ibrahim Menudin Reuters MALAYSIA Mining Corp Bhd (MMC) said yesterday it was venturing into power generation and the ports business after divesting from Australian diamond miner Ashton
      Reuters  -  450 words
    • Article
      Lock icon M'sian Plantations to raise RM1.5b in acquisition moves
      251 16  -  From Diana Oon Abdullah m h uaui Lumpur THE parent of Multi-Purpose Bank, which is slated to become the sixth-largest banking group in Malaysia, plans to raise almost RMI.S billion (Ss6B7 million) through the issue of bonds, debt paper issue and new
      251 words
    • Article
      Lock icon Investors dump Aokam shares
      200 16 KUALA LUMPUR Bloomberg AOKAM Perdana Bhd shares suffered their biggest decline in nine months as investors reacted negatively to news that the Malaysian timber company would double its number of shares outstanding for working capital needs and to buy a logging firm. Aokam, once the largest
      Bloomberg  -  200 words
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  • REGIONAL news
    • Article
      Lock icon Lawyer wants 'Bob' Hasan's charges dropped
      337 17 JAKARTA Graft charges 'unclear', 'obscure' and based on obsolete law: defence AFP A LAWYER defending a former minister and close associate of Indonesian ex-presi-dent Suharto yesterday demanded in court that corruption charges against his client be dropped. The charges against Mohammad "Bob" Hasan, a
      AFP  -  337 words
    • Article
      Lock icon Thailand to tighten monitoring of forex deals
      110 17 BANGKOK Reuters THE Bank of Thailand said yesterday it would streamline and tighten procedures for banks to report details of currency transactions, especially those involving offshore parties. Assistant central bank governor Thirachai Phuvanat Naranubala said the authorities had not detected any signs that
      Reuters  -  110 words
    • Article
      Lock icon Indon windfall profit from dearer oil to cover deficit
      196 17 ■JAKARTA AFP THE Indonesian government plans to use the windfall profit from high world oil prices to help offset budget deficits, a report said yesterday. The windfall profit, estimated to reach some 11 trillion rupiah (552.17 billion), will be used to
      AFP  -  196 words
    • Article, Illustration
      Lock icon 6 Indons break into Swiss embassy
      142 17 JAKARTA Reuters SIX Indonesians from the ravaged Spice Islands broke into the Swiss embassy in Jakarta yesterday to draw attention to the plight of their homeland, which has been torn by religious and communal violence. "We want the world to pay attention to the
      Reuters; REUTERS  -  142 words
    • Article
      Lock icon Consortium plans to buy Ibra stake in Bank Bali
      134 17 JAKARTA AFX Asia A CONSORTIUM of local investors or institutions plans to buy the Indonesian Bank Restructuring Agency's (Ibra) stake in Bank Bali by injecting one trillion rupiah (Ssl97 million) when the bank launches its rights issue in early October, Bisnis
      AFX Asia  -  134 words
    • Article, Illustration
      Lock icon WCS to sell 34% stake to Orange
      514 18 BANGKOK Analysts see Orange as being a better strategic partner than Verizon, Vodafone Reuters THAILAND'S newest mobile phone operator. Wireless Communications Service (WCS), said yesterday it had chosen Orange Pic as a strategic partner and would would sell a 34 per oent stake
      Reuters; AFP  -  514 words
    • Article
      Lock icon Thaksin against foreigners taking over Thai banks
      378 18 BANGKOK Banking system is weak after foreign takeovers, he says Reuters THAKSIN Shinawatra. regarded as the front-runner in Thailand's next general elections, said yesterday he was against more Thai banks being taken over by foreign firms. He said the Thai banking system was
      Reuters  -  378 words
    • Article
      Lock icon China to boost own cell phone technology
      264 18 BEIJING Reuters CHINA will license its telephone companies to build trial cell phone networks early next year using a domestic technology that challenges standards backed by Europe and Qualcomm Inc. the inventor said yesterday. If confirmed, the policy might encourage Chinese phone companies
      Reuters  -  264 words
    • Article
      Lock icon Cambodia signs new global trade inspection deal
      325 18  -  From Harish Mehta in Bangkok CAMBODIA has signed a new contract with global trade inspector Societe General de Surveillance to resume inspection of goods exported to Cambodia starting next month. This follows the successful resolution of financial differences over outstanding bills and low
      325 words
    • Article
      Lock icon Hutchison enters Latin American market
      403 19  -  It bnys GSM operator in Paraguay, aims to build networks in Argentina and Mexico Prow Quak Hiang Whai m Hongkong BUILDING up on its European momentum, Li Ka-shing s Hutchison Whampoa Ltd is stepping up its global telecoms push into Latin America. A document released
      403 words
    • Article
      Lock icon Taiwan exports to China up 42% in July
      285 19 TAIPEI USs2.sb figure is an all-time monthly record Reuters TAIWAN'S trade with rival China continued to expand despite a political stalemate, with the island's exports to its giant neighbour hitting a monthly record in July. The Board of Foreign Trade said yesterday
      Reuters  -  285 words
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      12 17 JanheZaohao Many Taiwanese buy posh residences in Xiamen despite cross-strait tensions Ms
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      221 17 V in> ,fl 7 thinkpad 240 Ha only 1.3 kg, under an inch pentium*/// mjck wjth a real hl^sized keyboard, real Windows, real processor and real ports, a real notebook in I 1 an otherwise subnotebook M I world, and now with offerings I f. that save you $545. IBM
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      105 18 Asia's new one-stop investment site has all the tools you need to make smarter investment decisions. Brought to you by SPH Asia One and The Business Times, it gives you credible and up-to-the-minute information on stocks, futures, funds, commodities and currencies. I E -miiyifntg You can check rea| time stock
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      435 19 o 3 If H a recent study shows that when you II CODDLE I 11 YOUR CUSTOMERS, I If it's your shareholders who feel all H II WARM AND FUZZY. I J"! Tlurturing customers full payback on their Siebel investment in not only pays off, it pays off in a
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  • SYDNEY 2000
    • Article, Illustration
      Lock icon Night of shock exits
      815 20 Heartbreak and despair as favourites crash out through injury, upset losses AFP GOLD medal favourites tumbled out of the Olympics in a night of spectacular shocks yesterday. American sprint legend Gail Devers started the collapse when she pulled up injured in her semi-final heat. The two-time
      AFP; AP  -  815 words
    • Article, Illustration
      Lock icon IOC commits sin of selective enforcement
      1046 20  -  The committee made Romanian gymnast Raducan the fall guy in its anti-drugs plan, but let the real cheats skate, argues sally jemkxms SALLY JENKINS WP I'VE got a drug problem. Not from taking them, but, regrettably, from hearing about them. I've listened to the
      WP  -  1,046 words
    • Article
      Lock icon Jones of US survives her toughest day
      341 20 Reuters MARION Jones survived what she called the toughest day of her hectic Olympic schedule yesterday by qualifying for the semifinals of the 200 metres and the final of the long jump. The tall American, seeking to become the first woman to collect
      Reuters  -  341 words
    • Article
      Lock icon Williams beats Dementieva
      476 20 AP Reuters VENUS Williams beat Elena Dementieva 6-2,6-4 to capture the gold medal yesterday becoming only the second player after Steffi Graf to win Wimbledon, the US Open and the Olympics in the same year. In the men's doubles, Daniel Nestor and Sebastien Lareau of Canada stunned
      AP; Reuters  -  476 words
    • Article
      Lock icon Medal tally
      325 20 Medal tally as at Thursday, Sept 27 GOLD SILVER BRONZE TOTAL USA 29 15 25 69 China 22 14 15 51 Russia 18 16 21 55 Australia 13 21 12 46 France 12 13 8 33 Italy 11 6 11 28 Romania 10 4 4 18 Germany 8
      325 words
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  • e-NEWS
    • Article
      Lock icon Murdoch in talks to buy GM's DirecTV unit for over US$55b
      363 21 WASHINGTON Purchase would fill gap in News Corp's satellite broadcast holdings AFX Bloomberg NEWS Corp chairman Rupert Murdoch is in talks with General Motors Corp to acquire Hughes Electronics and its DirecTV satellite broadcasting unit for more than US$55
      AFX; Bloomberg  -  363 words
    • Article, Illustration
      Lock icon Compaq to invest US$100m in genomics startups
      366 21 Bloomberg [HOUSTON] Compaq Computer Corp, the world's biggest maker of personal computers, said it plans to invest US$lOO million (Ssl74 million) in new companies that focus on genomics, tapping into a growing market of startups involved in gene discovery, analysis, and information. The
      Bloomberg  -  366 words
    • Article
      Lock icon Asia Online scraps US IPO plan
      284 21 WASHINGTON Bloomberg ASIA Online Ltd has withdrawn a plan to raise as much as US$lOO million (Ssl74 million) in a US initial public offering. The Hongkong Internet company cited "changed circumstances in the securities markets" in a filing with the US Securities and Exchange
      Bloomberg  -  284 words
    • Article
      Lock icon Australia's Optus to sell parts of retail business
      239 21 SYDNEY Bloomberg CABLE Wireless Optus Ltd, Australia's No 2 telecommunications company, said it would sell parts of its cable, mobile phone and Internet businesses as it moved to focus on more profitable corporate customers. Optus, 53 per cent owned by Cable Wireless
      Bloomberg  -  239 words
    • Article
      Lock icon 173 firms at India Internet World 2000
      390 22 NEW DELHI They discuss how the Net has changed economies and affected poor nations AP INTERNET leaders from 173 companies assembled here on Tuesday to take stock of how the Web is transforming economies and touching poor nations like India, which has emerged
      AP  -  390 words
    • Article
      Lock icon Police to shut down most Shanghai Net cafes
      244 22 SHANGHAI AFP CHINESE police are to shut down more than half of Shanghai's Internet cafes to raise the moral tone of the city's youth and to prevent adults playing corrupting computer games, state media said yesterday. The move heralds a national inspection
      AFP  -  244 words
    • Article
      Lock icon AOL, NTT DoCoMo seal wide-ranging US$100m deal
      340 22 TOKYO NTT DoCoMo wiU own a 42% stake in AOL Japan AP INTERNET service provider (ISP) America Online and Japan's NTT DoCoMo mobile communications company announced a wide-ranging tie-up yesterday, giving the Japanese company a 42.3 per cent stake in AOL Japan. The
      AP  -  340 words
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      74 21 Ngee Ann City #01-03/04 Tel: 7350 233 Isetan Scotts Level 3 Tel: 7351 785 Suntec City Mall #01-061/063 Tel: 3377 455 |BH|H I "*fe\l One of the most reassuring things about any airline is the modernity of its fleet. Ours is amongst the youngest in the world. Which means we
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      170 22 We provide consultancy services on offshore structures, shelf companies and Incorporations In ALL Jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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  • SOUTH asia
    • Article
      Lock icon MGM buys 30% stake in Indian TV channel
      369 23 BOMBAY The private movie channel will be renamed Zee MGM AFP AFX Reuters HOLLYWOOD'S MGM studio has bought a 30 per cent stake in India's private Zee Movies satellite television channel, reports said yesterday. The Economic Times quoted Zee group chairman Subhash
      AFP; AFX; Reuters  -  369 words
    • Article
      Lock icon Indian software services set to expand to US$30b
      300 23 NEW DELHI Bloomberg INDIA'S software services industry is expected to expand by more than five times by 2004, according to a report by Goldman Sachs Asia L L C, as the country's software developers help businesses go online. Goldman Sachs, which published
      Bloomberg  -  300 words
    • Article, Illustration
      Lock icon Dell cancels visit to Bangalore due to kidnap protest
      398 23 NEW DELHI He'll unveil company's plan to sell to Indian customers directly in New Delhi today Bloomberg PLANNED protests over the kidnapping of an Indian movie idol who is being held hostage in a south Indian jungle has forced Michael Dell,
      Bloomberg; AP  -  398 words
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      189 23 Saab vs. global fuel crisis: free petrol for a year. Buy a Saab now and get $2,500* worth of Shell petrol free. With the rising cost of fuel these days, here's a deal that certainly makes a lot of cents. Hurry down to our showroom and test drive one today.
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  • WORLD news
    • Article
      Lock icon New SEC rule on insider sales kicks in
      354 24 NEW YORK Insiders can trade and not break law NYT A LITTLE-NOTICED Securities and Exchange Commission (SEC) rule that will go into effect next month should make it easier for employees to sell their companies' stock without running afoul of in-sider-trading law.
      NYT  -  354 words
    • Article, Illustration
      Lock icon Foreigners buy US stocks at record pace in first half year
      440 24 NEW YORK Overseas investors bought a net US$9O Jb of stocks Bloomberg FOREIGN investors bought a net US$9O.l billion (Ssls7 billion) of US stocks in the first six months of this year, on a pace to exceed last year's
      Bloomberg; AFP  -  440 words
    • Article
      Lock icon US sues Harvard advisers to Russia for US$120m
      635 24 NYT [BOSTON] Federal prosecutors filed a civil suit on Tuesday contending that two Harvard University advisers who helped mould Russia's economic reforms in the mid-1990s misused their government-financed positions in pursuit of personal gain for themselves and their wives. Andrei Shleifer, a
      NYT  -  635 words
    • Article
      Lock icon Microsoft hearing likely on hold for up to a year
      482 26 WASHINGTON Tactical victory for company as Supreme Court declines immediate hearing LAT-WP IT WILL be at least six months and possibly more than a year before the Microsoft case could again come before the high court after the Supreme Court
      LAT-WP  -  482 words
    • Article
      Lock icon Changing the ground rules
      304 26 SEATTLE The Daily Telegraph MICROSOFT chief executive Steve Ballmer jumped out of a huge birthday cake for the company's 25th birthday celebrations last month. On Tuesday, it was the Supreme Court's turn to produce a rabbit from a hat to mark this month's fourth anniversary of
      The Daily Telegraph  -  304 words
    • Article
      Lock icon Continental sued over Concorde crash
      512 27 PARIS Air France and insurers say metal strip from the US carrier responsible for Paris tragedy Reuters Bloomberg AIR France and its insurers are suing Continental Airlines after investigators said a metal strip that burst a tyre on the ill-fated Concorde probably came from a
      Reuters; Bloomberg  -  512 words
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      Lock icon Slow growth seen in China FDI despite entry into WTO
      416 27  -  SINGAPORE By Tay Hong Seng FOREIGN direct investment (FDI) in China will probably grow slowly over the coming year even with China's entry into the World Trade Organization (WTO), says a leading Asian-based business research company. In a recent report,
      Source: S Inteligence  -  416 words
    • Article
      Lock icon US inflation slightly higher than reported
      486 27 WASHINGTON Glitch fonnd in calculation of CPI over the past year LAT-WP CONSUMER price inflation has been slightly higher over the past year than officially reported because of a calculating glitch at the Bureau of Labor Statistics (BLS), government sources said. The bureau is
      LAT-WP  -  486 words
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      Lock icon Software maker Lernout & Hauspie expects Q3 loss
      458 27 Software maker Lernout Hauspie expects Q3 loss lEPER, Belgium Bloomberg Reuters LERNOUT Hauspie Speech Products NV, a software maker under investigation by the Securities and Exchange Commission (SEC) of the US, yesterday said it expects to report a third-quarter loss before goodwill amortisation. The stock fell as much as 17
      Bloomberg; Reuters  -  458 words
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      63 24 ;.HiilMt__-' i*L-l*'? r r r r .-J *C-a,,»!»- **>!&!•' WWtT r iihn Ti 'Hitia"'n Viiii^^inMiiiMi MAAA4ASMMMUMMIAAMAMMMMMMIAMMM MIAAMIAAAfIAAAAAAfIAAfIAAMMMMAA v. v k I*' wV 'r "'^'i.' -'i 4 V For more information, or to book your dream holiday, call: Singapore Explorer Pte Ltd 339 6833 Cannery Block (beside safay club/taxi stand), Clarke
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      213 25 y/ Carat X X x Diamonds X. ,4'i% $2890n1y! /X. i tfl f I r A voucher worth pIU ts J- v y M I of H v l W v g£ ML.H3 ct Q II 18KGOM X V X^ v. >»-. X X s /r\ y*^ ■■■B X I
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      1338 26 I The Straits Trading Company Limited I I (Incorporated in Singapore) I I NOTICE IS HEREBY GIVEN THAT a The Directors have declared a first interim dividend of 2 cents per share (1999: 2 cents), less Singapore income tax at 25.5%, in respect of the year ending 31st December B
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      622 26 NOTICES To advertise call toll-free 1800-741 1883 Fax No 741 ***** In the matter of the Companies Act, Cap. 50 and in the matter of Sankyo Alpha (S) Pte Ltd (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that a
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  • FINANCE & commodities
    • Article
      Lock icon STI Sept contract Ms in thin trade
      304 28  -  SGI Derivatives Trading/feport ST Index/MSCI S'pore Index Lau Chee Keong THE Singapore Straits Times Index fell after a two-day rally yesterday, following the lower US market overnight. The Straits Times Index ended at 1,970.29, down 0.96 per cent, or 19.19 points. Within the
      304 words
    • Article
      Lock icon Futures hover around 300-level
      230 28  -  MSCI Taiwan Index Lau Chee Keong THE Taiwan stock market declined yesterday after rising for two days as investors decided to lock in profit. The MSCI Taiwan Index gave up 2.95 points, or 0.98 per cent, to close at 298.31 points, below the 300.0 psychological support.
      230 words
    • Article
      Lock icon Oil prices up as US inventories show fall
      178 28 ENERGY REPORT Reuters [LONDON] Oil prices got a shot in the arm yesterday from US data showing that commercial US petroleum inventories still are not rebuilding as quickly as needed. Dealers shrugged off a debate among European Union countries over whether or
      Reuters  -  178 words
    • Article
      Lock icon CURRENCY REPORT
      332 28 Reuters London THE euro hit its highest levels since last week's G7 intervention amid concern yesterday that the Group of Seven nations could mount another euro-buying spree before or after a Danish vote on euro entry. The latest batch of Danish opinion polls showed that today's vote on
      Reuters  -  332 words
    • Article, Illustration
      Lock icon Untitled
      1275 28 CROSS BATES Se P-~ A$ C} Bmb Euro Ffr Dm HK$ Ind Bs Bupuh Yen Won BM NZ$ Pali Rs Pwo S$ Band Sfr HT$ Bafct Po>wd US$ Australia 0 817 4.558 0.620 4.064 1.212 4.281 25.3H 48.207 0.592 6.115 2.086 1.323 31.900 25.366 0.956 3.946 0.945 17.188 ***** 0.374
      1,275 words
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      Lock icon Untitled
      1783 28 SICOM PPTURB8 Sep 27 RUm*(futurt»clo»N««t"Opm) <H RSS 1 CONTRACTS cwts/kf) Cto«a WWW OMJ Month mm Law stt (twMM) IHmt Oct °o Hf-25 Nov 00 iw 00 117.25 Jan/War 001 120.00 150 RSS 3 CONTRACT (US cMti/kQ) Month HlQh Low Sott ttoittaa) totarwt Oct 00 M.00 1300 KM oo 65.50 M00
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  • STOCKS east asia
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      Lock icon CyberWorks' rebound and bargain-hunting lift HK
      2856 29 HONGKONG AFP Q Hang Seng +***** HONGKONG share prices rose one per cent yesterday ahead of the expiry of the September contract and supported by a rally in Pacific Century CyberWorks, dealers said. The benchmark Hang Seng Index gained 153.28 points to close at
      AFP  -  2,856 words
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      Lock icon CHINA
      1020 29 Reuters n Shenzhen Blndex *224 CHINA'S hard currency B shares closed sharply higher yesterday as a late but mild rally on the domestic A share markets fuelled retail buying. The Shanghai B share index surged 4.86 per cent to 62.96 on sluggish turnover of US$9.6O million, although that was
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,020 words
    • Article
      Lock icon TAIPEI
      380 29 AFP □WP Index -3L99 TAIWAN share prices closed 0.5 per cent lower yesterday amid cautious sentiment following Wall Street's overnight losses, dealers said. The Taiwan Stock Exchange Weighted Price Index slipped 31.99 points to 6,717.04, on turnover of NT586.38 billion. Advancers led decliners 282 to 251, with 89 issues
      AFP  -  380 words
    • Article
      Lock icon Wall St fall, Kodak profit warning hit Nikkei
      1951 29 TOKYO AFP C 3 Nikkei 225 -288.67 SHARE prices in Tokyo fell 1.8 per cent yesterday as Japanese investors turned cautious following heavy falls on Wall Street caused by a profit warning from Eastman Kodak Co. "Investors are watching how much further
      AFP  -  1,951 words
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      94 29 H Sww Yin, 34 H %lH|i fc S Dotcom Founder. Wk 1 Invests for the future at PJJ; i J viMmdbssecurities.com It I i jy J f V I S/mp/y pull up the nearest chair to get started trading stocks online, jf M M getting instant stock quotes, orf researching
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL market dips on foreign selling
      444 30 AFP CI Composite Index -7.08 MALAYSIAN shares closed 0.9 per cent lower yesterday due to foreign selling on index-linked stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 7.08 points to finish at 728.46. The Second Board index closed down 2.26 points
      AFP  -  444 words
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      Lock icon Untitled
      8919 30 INDUSTRIALS Consumer products 2000 >-»*♦ Vo v M#t C P High Low Company So*. OOO High Low P/E Smll 420 310 A|momoto 350 91 'fi' 158 50 Angkasa -50 7 53 50 rJ. 670 290 Apollo Food Hlg -J32 unch 4 436 432 9.4 172 8 3725 2700 BAT 50c
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      64 30 HOME IN OS HDrS I j SECOND BOND ISSUE AND ;:cr *.l build up your L I I INVESTMENT POKTKMJO pslß I «r.m»«<**„ "I a Mfeb- •< J L_s— i» IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults In
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2782 31 BOHPS WARRANTS Sep 27 Wt Snti rnmj titry LhI Vd Day LMtOMta tq >tuM Can liar Bt«c Htk» j c—*my Ml ««r- COOO) Hn» Lot My* V«fcr fnt» Iwhl Mm Prna (*> taana«2 U« a *r m *»n,0724 6 -0.5 1 6 6 6 7 7 41.0 1 300 290
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      Lock icon BANGKOK
      755 31 AFP HSETInte *330 THAI shares rose 1.2 per cent yesterday on speculative buying in finance and banking sectors amid sluggish trade, dealers said. The Stock Exchange of Thailand (SET) index gained 3.30 points to close at 285.38 points, and the SET 50 index added 0.25 point to 19.73. Advancers
      AFP  -  755 words
    • Article
      Lock icon MANILA
      282 31 AFP PI Composite Index +13.07 PHILIPPINE share prices closed 0.9 per cent higher yesterday with the Composite Index up 13.07 points to 1,439.24 points. Turnover jumped to 802.74 million shares worth 487.64 million pesos from 429.73 million shares valued at 458.46 million pesos. AFP Sa» 27 Peso (000) MRC
      AFP  -  282 words
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      Lock icon JAKARTA
      708 31 AFP C 3 Composite Index -L 72 INDONESIAN share prices closed 0.4 per cent down but off their lows yesterday amid a rebound in select large cap stocks, dealers said. The Jakarta Stock Exchange Composite Index closed down 1.72 points at 410.13 points, off a low of 406.79. Volume
      AFP  -  708 words
    • Article
      Lock icon WELLINGTON
      260 31 AFP □MBE-40 +BJI NEW Zealand stocks closed 0.4 per cent higher yesterday on "extraordinarily quiet" turnover of just NZ$73.B million, brokers said. The NZSE-40 index rose 8.91 points to end at 1,999.07 on a good day for Telecom Corp. up 10 cents to NZ$6.l2. »n ms <ooo> Advantage MOS
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    • Article
      Lock icon SYDNEY
      566 31 AFP QM Ordinaries *13J AUSTRALIAN shares edged 0.4 per cent higher yesterday, driven by market leader News Corp and a renewed interest in Telstra, brokers said. The All Ordinaries index closed 13.1 points higher at 3,204.3, while the SP/ASX 200 index rose 16.2 points to 3,256.3. Turnover was 353
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    • Article
      Lock icon SEOUL
      312 31 AFP fl Composite Index +IL7I South Korean shares rose 1.9 per cent yesterday with the index up 11.71 points at 599.31. Volume was 365 million shares worth 2.1 trillion won. —AFP Sap 27 *f' Ana* Semi TOOO 610 Bum Itch 790 Central Bank 795 -135 Cheil Comm ***** 700
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  • Article
    Lock icon STOCKS sgx
    8154 32 SGXMAINBOARD transaction date:Sep 27 Cr Cr M Wt vol Day Last Quote 01* DW YM Net Cap Avg Wig" "low Company Sal. 000) High Low Buyer Sallar C'vr P/C Smll Price MULTI-INDUSTRY *50.5 17 m c 17 5 unci) 175 17 M| 21.5 798 3 27 105-4 18.5
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      42 32 OFFICIAL COSMONAUTS CHRONOGRAPH lK J OF THE TRAINING CENTRE STAR CITY s/nce 7972 sw/'ss |r^i^9Hpi CortinoWohMPorogon: *****84; Rallies City: 339 9185) Deluxe Eastern (Centrcpoinl): 235 2536 Roy Eastern Walth (Lucky Plaiol: 734 3139 Watches of Switzerland (Scotts Shopping Centre): 737 3708 r
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      295 33 I lIJU/v M A A/x n«/l p nui ft Diners Club Diners Club Credit Card Jjjg|jgg| «f_ J W nCFG 10 Wine, CllllC <md GntGrlSllli• v ijF InternalionaT .Definitely the first card in the world 4>4:» "Tunch" is the best for lunch and high tea rolled into one. Which means
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      55 33 A Taste Of Tuscany ITALIAN FOOD WINE PROMOTION 14 September-1 October 2000 Hwt Enjoy Italian dining |Hk at its gourmet best by Chef Gianni MalagoLi *>• gj^H of Genoa at Top of the 'M' Revolving Hr« Restaurant. Reservations: F* 831 6288 58 Popular demand! 333 Orchard Road. Singapore *****7 ""Si
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  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      990 33 I ne business i imes, inutsuay, oeM' CM,UCI 10.00 Frasier: Room Service. 11.30 Wanita Dan Pemuda De chronised 3m SpringrUi:ln:Mr*l—— Central 10 .30 Once And Again. sa. board Finals (L). 9.00 AM Kids Central: Sesa 1130 Silk Stalking. 12.00 MN TV Innovations. 10.00 Olympics: Tennis Worn me Street. 12J0 AM
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    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 2
      306 33 CRYPTIC CROSSWORD ACROSS house (9) 1 Quick with double helping of 3 stodung on lady giving Dork? (4-41 shout of praise (7) 5 Sonnkle soice (6) 4 An off-putting habit (15) 8 Dunng the tremor, nsked having 5 Le*J about additional vegetable a (6) c** 9 Possible preference, a newcom-
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  • MOTORiNG page
    • Article, Illustration
      Lock icon S'pore Motor Show doubles in size
      455 34  -  There will be more premieres than previous events, reports Christopher tam CHRISTOPHER TAN THE upcoming Singapore Motor Show will occupy 25,000 sq m of exhibition space at Suntec City twice the size of the previous show in 1998 making it the biggest affair of
      FILE PHOTOS  -  455 words
    • Article
      Lock icon Citroen agent to recall early-90s Xantias
      329 34 The voluntary exercise is to fix a suspension mount fault LOCAL Citroen agent Advance Automobile has moved to recall first-generation Xantias to fix a suspension mount fault. The voluntary recall comes after a "handful" of cases in which the cars were damaged when the
      329 words
    • Article, Illustration
      Lock icon S'pore Kangoos not affected by recall
      270 34 RENAULT distributor Exklusiv Auto says Singapore-reg-istered Kangoos are not affected by a maker's recall this week. The Kangoo sold as a light commercial van here has been a hit here. Since it was introduced in the middle of last year, about 750 have been
      FILE PHOTO  -  270 words
    • BUMPER to BUMPER
      • Article
        Lock icon Cayenne went hit Porsche performance
        115 35 PORSCHE chief executive Wendelin Wiedeking says performance for the business year ending July 31,2001 won't be affected by rising development costs for the new Cayenne model. "We are on course. Although development sector costs are still increasing because of new projects, we remain highly profitable,"
        115 words
      • Article
        Lock icon Pick up F-1 tickets at Modesto's
        84 35 SOON you will be able to have a beer, slurp pasta and pick up some F-l tickets all in one go. Sepang International Circuit has appointed Malaysia's TV3 as tHroHng agent for the last race of the Formula One Grand Prix season at Sepang
        84 words
      • Article
        Lock icon Buy a Saab-and get a year's free fuel
        82 35 FED UP with rising pump prices? Saab distributor Trans Eurokars has a deal for you. If s offering a year's supply of petrol—worth more than $2,000 going by average armnai mileage 0f20,000 km—to anyone who buys a new Saab. It has tiqi
        82 words
      • Article
        Lock icon Toyota presents Nagoya Philharmonic
        83 35 TOYOTA presents the Nagoya Philharmonic Orchestra this year. With leading soprano Regina Renzova, the acclaimed orchestra will play at the Kallang Theatre on Oct 17 at Bpm, in a charity concert. It will perform pieces by Bizet, Wagner, Puccini, Kalman and Andrew Lloyd Webber. The event
        83 words
      • Article
        Lock icon New Saab combustion control system
        118 35 JUST months after unveiling its variable compression engine, Saab is due to show off a combustion control system that is frugal and dean without sacrificing performance. The concept, to be shown at the Paris Motor Show this weds, features engines that can run on a
        118 words
      • Article
        Lock icon Used-car price guide on AAS website
        52 35  -  Compiled by Christopher Tan THE Automobile Association of Singapore has added a used-car price guide to its website, www.aas.com.sg. You can search via make, age, engine capacity or budget. The database is updated regularly and provides a comDrehensi ve gauge of values in the
        52 words
    • Article, Illustration
      Lock icon A $10 ticket, a dash of luck, and a fancy $180,000 sportscar
      215 35 Prize winner plans to sell the Lotns Elise, bny a less flashy car and pocket the difference WHAT would you do if you woke up one morning and found you'd won a new Lotus Elise? For Andrew Tan,
      FILE PHOTO  -  215 words
    • Article
      Lock icon The OMV guide
      1136 35 Average open market value (OMV) of cars registered in August. MOOBAKKE cc AVtOMW MOOBAMKE CC «€OMV» AIMR0NE0A1461.6TS 1506 ***** HONDA OTYVTBC4A 1.403 ***** ALT* nriMTT A156 2D 1570 ***** HONDA OTYVTBC4M 1.483 14.872 ALRAROMBOA156 2 5 2.402 27,443 HONDA CMC BO 4A 1*483 ***** -7—- r~ HONDA
      1,136 words
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      120 34 Specification* vary from county to country. Step the Rover you enter a the Rover 75 refinement and In an you are taken you take burr walnut real the pampered by the leather Rover see as subtle a as the Its composure comes from the chrome-handled glove Or as as the
      120 words
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      110 35 jjjjjjj or [HHMII HH|H "The cabin is super spacious" chn«T»n !>• But*™** Tim«« hhhbhh THE SBO IS THE BEST VOLVO EVER. "Adds excitement and equipment like never before." FAR M No problem impressing business associates..." Motoring vug.*™ BUT DON'T JUST TAKE OUR WORD FOR IT. "Stirring performance indeed from a
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  • ArtSingapore 2000
    • Article, Illustration
      Lock icon Hooked on art and artists
      824 36  -  Two young art collectors talk to cttrah ui-hoom about their obsession, favourites, experiences and collecting patterns ahead of the Art Singapore 2000 exhibition CHEAH UI-HOON Young 30-something professionals, in a bid to find their own niche in the art collecting world, are collecting more "cutting-edge"
      ARTHUR LEE  -  824 words
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      170 36 \\A N. W 1 v v x > V\V \Y\ x\ \x\ N v i\ i v y\v V 1'• w..\ s; x "Talent is what separates the ordinary man from the extraordinary." Whoever captured the essence of talent was an observant fellow. After a he or she understood the
      170 words
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  • HOUSEHUNT
    • Article, Illustration
      Lock icon HDB transactions between Aug 20 and Sept 22.
      2565 37 mbmamom. Dram amtmsr buei-* wet w* twiogatiok POST* CONTRACT RAT-* «W P» Jwux nw 3T (SS orS 5 #w» «w* «n YtehunStlt *****4 11-Sep-OO 689 144 209 fS»14 KAiaOO 807 150 186 "Kill *****7 721 1M 191 Sam S in a 71X810
      2,565 words
  • Page 37 Advertisements
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      79 37 FOR SALE BY PRIVATE TREATY 1 FREEHOLD SITE =T 1| Subject AT DISTRICT 11 PrOPsrtX-U- Location Double frontage to I Li Mandalay Bhamo I ►ZT3L. iVv.»/ j&K Road. About 650 mto I J Novena MRT Station Land Area 4,789.4 sq m H (Approx. 51,553 sq ft) Chore* V T 1
      79 words
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      21 37 Fits the job to a tee. Will blossom in the post. fFind the right candidate. ITtt'StraitsTimcw Call 1800 741 1883 fl;
      21 words
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  • RESIDENTIAL PROPERTY
    • Article, Illustration
      Lock icon Opening DOORS to potential tenants
      1352 38  -  Why leave that additional property idle when it can be put to good use? Margaret thban explains the nuts and bolts of renting your house MARGARET THEAN The writer is executive director at DTZ Debenham Tie Leung YOU'VE finally got the keys to your new
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    • Article
      Lock icon Screening foreigners
      111 38 UNDER the Immigration Act, the landlord is required to exercise due diligence to ensure that tenants who are foreigners have a valid work pass which allows them to work and stay in Singapore legally. Landlords have to personally do the following: Check the original immigration or work pass,
      111 words
    • Article, Illustration
      Lock icon Buying for the first time
      1330 39  -  s k phang takes the novice through the ins and outs of the legal process of buying a private property S K PHANG The writer, who has a doctorate in law, is a partner in his own law firm Phang Co LET us say that
      FILE PHOTO  -  1,330 words
    • Article
      Lock icon New homes for sale
      501 39 DEVELOPER/ OWNER DISTRICT LOCATION StZE TOTAL UNfTS MO OF PRICE TENURE I Bil l III LAUNCHED UNTTS90LD (Sptf) Queens Allgreen Prop 3 Stirling Rd 914-2,723 536 306 760 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 395 950 99-yr Caribbean at Keppel Bay Keppel Land
      501 words
  • Page 38 Advertisements
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      187 38 Aame ta/cei o-n a new aiwenUon T.O.P. soon *> af*** mv v o rc Located at 5 Holt Road off River Valley Road j> </ rd ~46 exclusive freehold apartments t, 0rw "?o w oad C So 4 bedrooms only (sizes from 2,056 sf 2,896 sf) f I HOLT RESIDENC
      187 words
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      132 38 DISTRIBUTION CENTRE FOR SALE BY TENDER Address 58 Toh Guan Road Description A 3-storey warehouse and office complex with 2 mezzanine floors Land Area Approx. 273,318 sq ft Built-in Area Approx. 253,992 sq ft Tenure JTC Leasehold 30+30 yrs wef 1/12/1990 Tender Closing Date Friday. 6 October 2000, 3.00pm For
      132 words
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      109 38 Since 1975 our worldwide 275 multi-disciplined professionals m V including lawyers, chartered accountants. i V chartered secretaries and bankers have j I O provided confidential and cost effective company formation in all the major low taX areas Incorporation Fees from USSSOO Th© world's t v a FREE copv of our
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      58 39 LOGISTICS CENTRE FOR SALE Location Pioneer Sector vicinity Description A 3-storey warehouse building with a container depot with 4,200 TEU capacity Land Area Approx. 511,828 sq ft GFA Approx. 412,433 sq ft Tenure JTC Leasehold 30+30 yrs wef Dec 1990 Please contact Sole Marketing Agent Industrial Department Bernard Goh DID:
      58 words
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      Lock icon Page 39 Advertisements Column 2
      89 39 100% Agreement to Sell Prime Development Site Next to Meyer Road For Sale Together or Separately Address 116.118 120 FX" Arthur Road Land Area 6,019.6 sq m I (Approx 64,795 sq ft) Tenure Freehold pi Subject Zoning Residential I I IProperties Plot Ratio 2.1 .JMffiJS*. Height Limit :24 storeys subject
      89 words
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      Lock icon Page 39 Advertisements Column 3
      161 39 f (ffijv Jones Lang WLaSaile. BUNGALOW DEVELOPMENT SITE AT OLIVE ROAD, Districtl 1 Site area: 45,275 sq ft "WmH Zoned for Good-Class Bungalows, up to 2 storeys Exclusive serene surroundings Close proximity to reputable schools clubs Ideal for up to 3 units of Good-Class Bungalows FOR SALE BY TENDER Closing
      161 words
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Condo or landed?
      880 40  -  The choice of housing type boils down to whether the property is for investment or occupation, and on the tastes and budget of buyers, consultants tell amdreatam ANDREA TAN IN A soft property market, landed projects have hit a mini-bull run and are chalking up healthy take-up
      FILE PHOTOS  -  880 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      103 41 Reuters THE Baltic Dry Index (BDI) shed one point to 1,739, the Baltic Panamax Index (BPI) fell nine points to 1,649 and the Baltic Handy Index (BHI) slipped two points to 1,185, while the Baltic Capesize Index (BCI) was up eight points to 2,393. At 1305 GMT, Biffex
      Reuters  -  103 words
    • Article
      Lock icon MARITIME STOCKS
      297 41 MX *000 s+zr ss w CWT Distribution 0.63 OCT K> Chuan Hup 0.36 -0.01 403 Cosco ln»astmant —0.17 uncri 0 Fralght Links a« 0.01 54 GB Holdings 0.60 -0.02 5 Hal Sun Hup 0.36 -0.01 157 IMC Holdings-HK —5.60 unch 0 Jaya Holdings 0.16 0.01 187 K»opal Corp
      297 words
    • Article, Illustration
      Lock icon Shipping industry still grappling with e-business
      513 41  -  Players not sore of how to proceed as there is no clear path to follow By Donald Urquhart [SINGAPORE] As the shipping industry slowly comes to grips with the need to embrace e-commerce, the shipping e-business model continues to evolve as it heads towards
      FILE PHOTO  -  513 words
    • Article
      Lock icon PSA's Aden terminal doubles throughput
      178 41 (SINGAPORE) PSA Corps Aden Container Terminal (ACT) in Yemen more than doubled its throughput last month by handling 22,665 TEUs (20-ft equivalent units), a 110 per cent jump from the year-ago period. The terminal, which officially opened a year ago, chalked up 146,401 TEUs from
      178 words
    • Article, Illustration
      Lock icon IMO renews call to be sole forum for discussing, adopting maritime laws
      322 41  -  World Maritime Day this year focuses on bnilding maritime partnerships By Ann Toh [SINGAPORE] International Maritime Organisation (IMO) secretary-general William O'Neil today renewed his call for the IMO to be recognised as the right platform for the discussion
      322 words
    • Article
      Lock icon Greek ferry sinks, 28 dead, 52 missing
      234 41 Bloomberg [PAROS, Greece] At least 28 people were killed and 52 others are missing after a Greek passenger ferry hit a reef and sank off the island of Paros during a storm, the Greek Merchant Marine Ministry said. The Express Samina, operated by
      Bloomberg  -  234 words
    • SIBCON 2000
      • Article, Illustration
        Lock icon Minimising fuel price risk through hedging
        733 42  -  Industry can manage costs with a policy of price-risk management By< Gerard Raynor The writer is managing director. Energy Risk Management (Asia) at Societe Generale [SINGAPORE] Remember February 1999? The market price of IFO3BO in Singapore was then at a fire-sale low of $55/
        FILE PHOTO  -  733 words
      • Article, Illustration
        Lock icon Bunkering initiatives pay off
        648 43 Bunker lifting in Singapore waters has risen sharply, thanks to the steps taken to boost activity SINGAPORE bunker sales have been performing well. Last year, total bunker sales registered a 12 per cent increase to 18.89 million tonnes from 1996's total of 16.9 million tonnes. The
        648 words
      • Article
        Lock icon Rosy outlook for online sales
        477 43  -  Hu Ann Toh E-COMMERCE in bunker sales seems to have taken off judging from the number of websites which have sprouted up. And the industry view is that it is extremely promising and lucrative. Even Singapore's regulatory body, the Maritime and Port Authority of Singapore,
        477 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      145 42 PAGE Dongnama ACL 7 tistr4ns Accord 9 Kl Appenship 6 ECUUne 6/7/9 Assets 9 Ew?rew Austral 9 f0OOflS fuhat 6 G Link BSA 8 Gemartrans B'tanq Mas 9 Hangli cc 8 hZ CMACCM 4 Heung* COSCO 6 Hyundai CSAV 4 )n(wasia 8 Central Ex 7 IRISL CNYang
      145 words
    • Article
      Lock icon SHIPPING GUIDE
      15102 49 THEBUSINESSTIMES EXPORT cti i/ KU i Vovaa* Telephone I ETA Adverttsef Vessel ETA ETA Adverts Vessel Voyage ETA ETA Adverts Vessel Voyage Te**one SIN Dest'n Name Name Number Number SIN Destn Nam* Nam. Number Number 17/10 M/11 MSC Aqy MSC RAFAELA 0041R 65-*****50 To ABIDJAN (ABJ) 2003 Cote
      15,102 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        562 52 Vesse voy No Berth Arrival Departure cw-rir« 450%8 27/09/6:25 27/09/T900 2S*p J02 27/09/6 00 27/09/23.00 ***** J01 27/09/8.20 27/09/23:00 S»p00 J06 27/09/820 28/09/6.00 UcK)3 J22 27/09/6:50 30/09/8:00 ItlL I 97S00 J03 27/09/7:40 27/09/20:00 S£L C***** J02 27/09/8:15 27/09/18^0 27-Sep J01 27/09/8:50 27/09/14:30 MO 237 J02 27/09/8:30 27/09/16.00 8
        562 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1838 52 RECEIVING Of EXPORT Fa CONTAINERS AND ICL CARGO Booking/Balancc Rstls Ship Voy No Etb/Btr Period From To From achiever nnroo 24/1500 24/145* 24/1*00 ACHIEVER FT c* lk/uyi vnun 27/0900 21 26/1700 2T/045* 27/0*00 J 27/0700 27/m* 27/M00 4 27/1200 27/M5* 27/1700 5 M $5£ $5£ 2f 24/1700 27/045*
        1,838 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        174 52 Oct 1 China: National Day. Oct 2 Hong Kong: The day following National Day. Oct 3 Germany: The Day of Germany Unity. Korea: National Foundation Day. Oct 6 Hong Kong: Chung Yeung Festival. Oct 9 Canada: Thanksgiving Day. USA: Columbus Day. Oct 10 Japan: Health Sports Day. Taiwan:
        174 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        787 52 THIS report, compiled by Cockett Marine 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        787 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        337 52 180 MM 990.7 0.9 15.4 0.09 77 0.04 S2i] Q-ritr S»r t25 986.7 0.5 rzj 007 32 0.02 J£ 380 MM 993.1 6-9 16.4 0.17 64 0.05 *6/iri M/M m/m NO Itof G35 2 ISO/Chmc limits Spec E25 "j g S SS «UH »«C35 Wt 10
        337 words
    • AIR & LAND transport
      • Article
        Lock icon ANA, Virgin to share London to Tokyo route
        275 53 Code-sharing to begin next summer: Japanese Transport Ministry official Bloomberg [TOKYO] All Nippon Airways Co (ANA), Japan's No 2 carrier, and Virgin Atlantic Airways of the UK plan to share routes between Tokyo and London as early as the end of March
        Bloomberg  -  275 words
      • Article, Illustration
        Lock icon Ex-S'pore air cargo rates may rise on higher oil prices
        592 53 More airlines are considering air cargo rate hikes to cope with rising operating costs Reuters [SINGAPORE] Singapore air cargo rates, which some carriers have already hiked this month, may face a fuel surcharge soon in response to high oil prices,
        Reuters; FILE PHOTO  -  592 words
      • Article
        Lock icon Hongkong Airport Authority names new CEO
        229 53 Reuters [HONGKONG] Hongkong's Airport Authority said the authority had appointed David Pang as the permanent chief executive officer (CEO) to replace outgoing CEO Billy Lam who has been seconded from the civil service. A statement from the authority did not provide any further details
        Reuters  -  229 words
      • Article, Illustration
        Lock icon Huh, what strike?
        51 53 [DENVER] United Airlines passengers pick up their luggage after arriving at Denver International Airport. Workers who operate United Airlines' baggage system at the airport went on strike on Tuesday without apparent effect on passengers. A United spokesman said that the strike had not disrupted the airline's operations.
        AP  -  51 words
      • Article
        Lock icon Pakistani airline drops unprofitable flights
        266 53 State-ran carrier will add new services to profitable rontes Reuters [KARACHI] Pakistan International Airlines said yesterday it had suspended flights to some non-profitable routes but would add new ones to profitable routes next month. A spokesman for the staterun airline said new flights would be
        Reuters  -  266 words
      • Article
        Lock icon US federal officials discuss LaGuardia's new flight ban
        598 53 Reuters [NEW YORK] Federal officials are seeking to address a recent ban by the Port Authority of New York and New Jersey against adding peak-hour flights at New York's LaGuardia airport, as traffic increasingly outweighs capacity at major US air travel hubs.
        Reuters  -  598 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1935 53 cmr fucm eta fitcni no cas 2045 soso4 mo mum mux) wso mmi v*/so7«i on wsor« ows LM6381 #50 S0/V*175 #30 SO/VH176 1035 ***** #50 W/S0740 M« tmtKtM KL0843 0435 M.0844 0040 N«tv*l ***** 640 ***** 1640 S023 0645 M.0838 22S5 hmMI T97 #15 AY98 2135
        1,935 words
    • LOGISTICS page
      • Article, Illustration
        Lock icon Local air express industry gears up for volume growth
        542 54  -  FedEx, UPS are expanding their warehouse facilities to handle more shipments, reports ANN TOH ANN TOH THE air express industry in Singapore is priming itself for a lift-off in volumes as two major players in the industry FedEx and UPS up
        542 words
      • Article
        Lock icon FedEx, Emery boost services in South Korea
        469 54  -  From P T Bangsberg in Manila THE courier war in South Korea is hotting up, with FedEx buying out its local partner and Emery Worldwide extending its high-priority service. FedEx recently made its move to full ownership, management and direct service by buying
        469 words
  • Page 41 Advertisements
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      118 41 TAKE A VOYAGE INTO THE FOTORE We connect you to the World World's 1" ONLINE VESSEL REGISTRATION (PATENT PENDING) maritime Chain.com is a globalised online business- |n Eng|ish Chinese Online Ship's Name Enquiry Online Quotation to-business e-commerce platform for the marine Online Application for Registration in just 20 minutes industry.
      118 words
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      Lock icon Page 41 Advertisements Column 2
      55 41 A special S&, two-page feature sibcon 2000 I n rf Minimising fuel pHc« risk through hedging Page 2 Singapore's bunkering initiatives pay off Page 3 Ex-S'pore air cargo rates forecast to rise a Page 13 Aircraft schedule Page 13 I*C Local air 0 express IE industry gears up for volume
      55 words
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      Lock icon Page 42 Advertisements Column 1
      209 42 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 m aaawarnmmmmmmmmmS v r- 1 Q|| ngTsnsTB BiSki JW TjjTW^Lim W
      209 words
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      Lock icon Page 42 Advertisements Column 2
      700 42 Lines services represented by fo'J-) tactttttl St-W»ng Agents JW" X»i« y Singapore Shipping Association ssoci on pp|p| my LINE MALI VESSEL [~VOY Tlu n» ETA P. KLANG SPORE MALI Empress Lily VOBOO 05/10 07/10 14/10 Princess Lily VO7OO 18/10 20/10 28/10 Empress Lily VO9OO 31/10 02/11 10/11 ULY MARINE SERVICES
      700 words
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      121 43 "smeoH^Moo" Foresight is the key to managing risks. Volatile oil prices and rising For more information on the bunker costs have affected many 24-hour risk management bottom lines. services offered to bunker suppliers and ship owners, please At SC, we understand that sound contact SC's Commodities Trading risk management policies
      121 words
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      1174 44 SAX SERVICE (DIRECT) Vtssa VOY SMEU LAX OAK DAI HOU CH OX MEM Ml NYC /mMOI 05 27/09 12/10 17/10 17/10 17/10 17/10 17/10 17/10 10/10 1»/10 02X STiO 19/10 ~24/iO~ 24/10 "?4/10 24/10 24/10 24/10 25/10 25/10 Ansne oni HTio 2*/io 31/10 31/10 31/10 31/10 01/11 01/11 02/11 02/11
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      Lock icon Page 44 Advertisements Column 2
      1713 44 ®C«tlaMf Wnu 1 Henry Tot Me *****75 HANJIN SHIPPING BL r I k Mp In -Sate *****30 HANJIN SHIPPING (5) PTI ITO fc* //mm In** can lOOKING *****35 7V SAIiS *****74 731 POCUMtWT *****71 774 OftUIIOWS *****50 751 MAiN UNt *****55 FAI 6341 MS (»W> **********0 M TO NW USA
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      361 44 Vtssa VOT SIN PKG VOT SIN HKG KEL USM PUS ggk—— M J»L £L MASOWA 30S 14/01 21/01 30N 11/01 QS/10 07/10 07/10 MK 01/10 02/10 OS/ID KMT( HONGKONG 013S 21/OT 04/10 00/10 10/10 1 1/10 —jjgj jsj K! WHT" HAXUU MAIU 0044 30/01 04/10 04/10 HtAMONU m 01/10 03/10
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      1212 45 SENATOR LINES ipQ uk/CONTINENT XO I wtlY Ism I LfH I RIM ANR HAM I BflV I FIX *SSU IvOY SW MT IK H» »IC MTw] "~L i«io i7i« ma iaie Washingtonsinatob eoAaw ntt ma i7ia iaia ma 28« PUOONGStNATOH 0815W MO9 13 Ma„ jApMistNATOB 003SW 06 10 2210 2*lB
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      867 45 am MAfc-NEL& SPORE M'SIA 1 Carrier: MN CONTR LINES, IMC P. GUDANG: (07) *****26 I I I «N-ZX"^I qk moi **********QC SBU: (084) *****9 MAMLA (6AZ)XX434 I LJV/ POUNO: (04) *****36 BANGKOK: (662) *****67 SURABAYA; (31) *****11 D P. KELANG: (03) *****77 JKT: (21) *****45 KUCHB4Q (082) *****1-3 PfISIR CUPAHO
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      718 45 XPKfSS CONTAINER FEEDER FOR N SHEVA (CFS MULUNO MUMBAVCOLOMBO ALSO ACCEPTMG TO ALL NORTHERN AND WESTERN 1.C.0. POWTS IMMI S PORE N SHEVA COLOMBO PKLANG rULSIDAS Vl3l 01 OCT II OCT 14 OCT 20 OCT CAPE CREUS VII3W 00 OCT 17 OCT 71 OCT 27 OCT CAPE CANAVERAL V 130W
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      1742 46 I VESSEL VQY KHH HKG I SIN PKL DXB BAB DMM BIK IRAN BAAKERI PCL-174 26/09 27/09 30/09 01/10 10/10 U/10 13/10 15/10 IRAN HORMOZGAN PCI-175 03/10 04/10 07/10 08/10 15/10 16/10 11/10 20/10 IRAN TEHRAN PCL-176 10/10 11/10 14/10 15/10 22/10 23/10 25/10 27/10 IRAN TABATABAEI PCI-177 17/10 18/10
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      1176 46 TO: COLOMBO 1 EVERY MONDAY I (T/T 4 DAYS) J GENERAL AGENTS IN 80 ROBINSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #12-00 SAIES/IKGS *****57/43 INWARD DEPT (D/ 0) *****86 COSTAR AGENCIES (M) SDN BHD CR NO: *****89Q000M SINGAPORE *****8 CONVENTIONAL *****01/850
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      1070 46 j EUROPE EXPRESS SERVICE EXPORT H IMPORT Z vor 5M uh rm aim ham rhv fti vissa yqy _hi ha* .fix iffl M PUGWASHSEN 013W 03/10 20'10 22/10 23 10 24,10 25/10 26,10 HJ BRUSSELS OOJf 07,01 01.01 11.01 14/CH 01/10 PtftANSEN 015W *10/10 '27/10 21/10 30/10 31 /10 01!
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      824 47 WMOPI/UBC/SCANOINAVIA/WNIAND/RUSSIA SKVKKS EXPORT VESSEL/VOYAGE SGP RDM HIG THP ZEE ANW LHV ALSO ACCEPTING CARGO TO AND FROM:- FINLAND DENMARK. SWEDEN, RUSSIA 1 NORWAY MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VBSa/VOYAGE ISGP |G» VKH 06 D*J RDM IHV THP ZEE JUMNOOtiW 01/10 Wio'ltfOW»/lotlVlO I*lo*7l 10*72/10 LTUiTYOOUOOMf (*OO 2aio r 7V)oVlO*MO*2s/IOWIO V10'29/10 jjlgffliKßßag iir/ioiH'o'^ioa,iQ"x
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      381 47 ABAKAN PERSIAN OW/R4P4AN UM CONIMNT SBMCE KXPORT VESSEL VOYAGE SGP CMI DUB JSA AIU DMN lAN KHI NXV BING HE 0167W 01/10- 12/10- 14/10- It/10 UNI ASSENT 0637 021W 02/10 04/10 11/10 12/10 13/10- UNI PRUDENT *****03* 03/10 12/10 13/10 14/10 YIN HE OIB3W 04/10 17/10 19/10 23/10UNI ACCORD 0433
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      729 47 ADVANCE CONTAINER LINES (PTE) LTD ill .1 TEL: *****21. FAX: *****19. TELEX RS ***** ACLPL CR NO. **********0E V FOR BOOKINGS PLEASE CALL: *****22 SALIS A MARKETING *****21-2S IANCKOK Siilmi/WtH JAKABTA •(7 um»f«/W»» VESSEL VOY SIN BKK VESSEI VQT I SIN I JKT YANTRA BHUMIFAT) 360N 30/9 Sot 3/10 luc
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      387 47 SO TELOK BLANGAH ROAD *02-02 CITIPORT CENTRE SPORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa VOT ETA ETO OESTNMON MAHJKWA 39/2000 2M***** 2M***** PKL BALAM MASUKWA 40>?000 83,*****0 04,*****0 PALMBANGMJNTOMW. BALAM KAGURI *****0 *****000 teUTOOO PONTIANAK For enqyines and bookings please contact SEASPACE
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      498 48 bsax KM* MYANMA Hgflflk FIVE STAR LINE (Myanmar Notional Liat) w Loading for Yongoo VESSEL VOT SIN Mil Ptt Nil MONG LA JSW SID DAWEI 1«W 30/09 MALAYSIA AUNTS: BOUSTEAD SHIPPING AGENCIES KUL m 03-*****00 PKL: HI 03-317M101 PEN: HI 04-*****02 PGtfc HI 07-*****21/4 BANK LINE (A service of Andrew
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      1513 48 HMNEHYUNDAI MERCHANT MARINE CO., LTD. fVBM VOT ISM SOU LB4 RTM ANT HAM BtV [VESSa I VOY I SOU I IB! I (TM I ANT I HAM I BRV ISM I NOl AMAZOMTI IT 28/09 "li/io 21/10 1«/I0 19/10 MY COMMODORE 327E '04/09 09/09 08/09 07/09 28/09 MAAS S39W 29/09
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      747 48 v&v WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA aR RORO HEAYYUR SERVICE" fvissa I VOY I RAMP HEIGHT iIN |LK MAO I MIA I SAV I BAI I Oftf I NYC I NEW IMM TARONGA AHOI9" 400Twt 6.3* INPORT 25/10 02/11 05/11 07/11 09/11 10/11 12/11 16/11 19/11 TAIKO AHO2O
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      470 49 BANOKOMW U PMUT/LAIM CHABAMO JAKARTA/PAH JANG vissa ¥01 UK M* i£H— pSj jrra mum ML_JQZfi! <m S3Zlfl_ an OIZIH UM iethaihum" 3ssn oi/io M/ 10 ML Qofi tmiiiY# ot/s 02/10 os/io SHIMAMAMI 37t 02/10 06/10 O*Z!L_ u*oHf OH <M 0 lAWI MUM 177N 03/10 07/10 M,'! WO 01/10 AKAMIHUM"IMK 04/10
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      254 49 B6MBMM INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE va wg at w nn w totsom 1$ b/nh/W i4/»i 11/10 WW n/w usugai iT it/ion/i# 17/10 n/io »/io a/io rawwsMM IsT It/io 17/10 wii »/io ii/i* tfVIVOVT VK P/IQM/10 »/nl l«/njw/n| FEEDER SERVICE TO INDONESIA «l VOY SMGtfOH UJMIA
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      435 49 O TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK A CONTAINERS 14 DAYS FREQUENCY *tssn *qywo sm m no. sun w sum nod suv mi wig in rot ku tk TASMAN QHISADBt *****7 23/ M 24/W 21/01 Jf/09 03/10 07/10 11/10 21/10 25/10 24/10 21/10 21/10 30/10 01/11 TftSMftH'OMMAHDtB *****4 02/10
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      129 52 Bro>R7M 28 SE P 2000 3^ 5E 12 ofe LEGEND- Issued by Meteorological Service Singapore Thunderstorm jl Showers v o Temperature c r~/ Wind direction and speed in knots am Weather w Cloudy Day Hazy Sea Conditions Wind speed symbols I I slight. < 1 2m o Full circle w/o
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      82 54 Small and Medium Enterprises can profit from DHL's tfcwi ,'^Twf^^/ efficient inventory management system.We'll help 1 X. I 1 fl increase your profits and deliver you the luxury A f wwl ™V ''r tm to afford a nice little escape. For more,"just call I M I^>V^ DHL at 1800-285 8888
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