The Business Times, 8 March 1999

Total Pages: 42
1 42 The Business Times
  • 13 1 THE BUSINESS TIMES WfW) 046/I^B 85c SINGAPORE Internet http://business-times.asial.com.sg/ MONDAY, MARCH 8, 1999
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  • 75 1 F0BEXIATO8 U8S St 081 V 1.79 I(US6/S$perI) tJI» im EURO par E)l.«! LMI DM 1JN 0.966 YEN I8J L4W RM SMt 6.466 HKS 7.7# UB BAHT 17.61 0.646 *811* Mate PIIME RATES SINGAPORE* Utt KUALA LUMPUR Hi* JAKARTA. 28JI BANGKOK 14.76 MAMA KM B0M3N0NQ IMS TAIPEI AM SYDNEY Uk
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  • 672 1  -  Like World Bank, the ADB may hike charges to maintain rating for its bonds From, Anthony Rowley in Manila ASIAN countries face having to pay significantly higher charges on borrowings from the Asian Development Bank as a result of strains which the
    FILE PHOTO  -  672 words
  • 577 1 AFP [SINGAPORE] All key Asian currencies will weaken further against the US dollar in line with the yen in the AprilJune period, according to a poll of financial market players. Close to 90 per cent of the offshore foreign exchange and bond
    AFP  -  577 words
  • 1139 1  -  Fed, US Treasury oppose calls for a new financial architecture From Leon Hadar in Washington DURING a major foreign policy address that US President Bill Clinton made about a week ago, he seemed to express a certain scepticism about the
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  • 391 1  -  HK report points to tax incentives, expat lifestyle advantages By I Catherine Ong [SINGAPORE] With more and more multinational corporations and top-tier companies in Asia centralising their treasury functions, Singapore is gaining the upper hand over Hongkong in the race to
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  • Page 1 Advertisements
    • 121 1 doths I I I 1 Boardroom for hire While the recession has hit many companies, The Executive Centre has found that it presents a golden opportunity to expand its business of serviced offices, (Ms Watch What Hongkong badly needed was some aggressive cost-cutting measures In its latest Budget to boost
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    • 29 1 ADB plans Sfbond issue in USs7b programme, Pg 2 W —l»Kg| Mfim > y,. c a I ■1 I**1** u '^^^^^■noscsoßMSSsvsSraSST iAktiiii|S4ttli>kMHtfMkaß. I isi*" I OX m mLI UH|^^^H|^^HHH|MMHJ STT"
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  • SINGAPORE AT HOME & ABROAD
    • 540 2 But community services can never replace the family's obligations, he says The Straits Times PRIME Minister Goh Chok Tong yesterday underscored the importance of effective leadership among MPs and their grassroots leaders in giving residents the good life, noting
      The Straits Times  -  540 words
    • 252 2 The Straits Times GRASSROOTS leaders have an important role to play in educating Singapore families not to use community services to replace family care for the young and old, said several MPs yesterday. They were responding to Prime Minister Goh Chok Tong's comment, made
      The Straits Times  -  252 words
    • 637 2  -  By Marissa Chew WHILE the recession has hit many companies, The Executive Centre has found that it presents a golden opportunity to expand its business of service offices. The economic crisis means that the office rents in the region have fallen and the centre
      ARTHUR LEE  -  637 words
    • 311 2  -  EYE ON THE ECONOMY Price index By Marissa Chew WHOLESALE domestic supply prices fell 5.7 per cent year-on-year in January, dragged down by falling prices for mineral fuels and crude materials. Compared to the previous month, however, prices were flat. The domestic supply price index
      Source: Dept of Statistics  -  311 words
    • 530 2  -  It stresses personal responsibility, curbs excessive demand By i Clarissa Tan SINGAPORE'S new insurance scheme to support the long-term healthcare needs of the elderly will continue the government's emphasis on personal responsibility, as well as curb over-consump-tion and over-servicing, Minister for Health Yeo
      530 words
    • 700 2  -  But S'pore market infrastructure most match that of HK, other Asian centres From, Anthony Rowley in Manila THE Asian Development Bank, which has established a strong presence as a prime borrower in global and regional capital markets, hopes to make
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  • Page 2 Advertisements
    • 246 2 mFTC Training Centre Is an established training provider of professional [Eg I qualifications from certificate to postgraduate levels. We offer comprehensive and modern facilities for either company's THE i -house training or professional associations conduct)no trairuno/seminars FINANCIAL TRAINING Our conducive teaming environment, costefficient rates and convenient location make LUMrAN Y
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    • 332 2 THE COMPANIES ACT CHAPTER SO SECTION 2M(2Xb) wonci op wwomnoii RKXOMIA PTI LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordtoery General MaaUnp of Raxomia Pta Ltd hald at On* Temeeek Avenue, *41-00 MHania Tower, Singapore *****2 on to* 26t0 day at February 1999. the following speoal raeoJuttona were duly pamftRE
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    • 142 2 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF JIAOTONG ENGINEERING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap. 50, that the FINAL MEETING of the members of the abovenamed Company will
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  • SOUTH-EAST ASIA
    • 262 3 ■PHNOMPENH Reuters NOTORIOUS Khmer Rouge chief Ta Mok will be prosecuted in a Cambodian court, government officials said yesterday, throwing into doubt prospects for an international tribunal for leaders of the 1970s "killing fields" regime. Khmer Rouge military chief Ta Mok was arrested
      Reuters  -  262 words
    • 171 3 MANILA Fight with rebels will dislocate even more, she warns Reuters President Joseph Estrada indefinitely suspended negotiations with the communistled National Democratic Front (NDF) on Feb 24 after the guerillas kidnapped two army officers and a police intelligence official. Ms Legarda, citing statistics gathered by
      Reuters  -  171 words
    • 499 3 JAKARTA Rally held to mark change of status to a party, conforming to new political rules AFP AN estimated 200,000 people packed a Jakarta sports stadium yesterday in a mass show of support for Golkar, the party which kept
      AFP  -  499 words
    • 341 3 JAKARTA More than 100,000 Muslims walk 20 km in peaceful protest Reuters MORE than 100,000 Muslims marched through the streets of the Indonesian capital yesterday to protest against the military's failure to quell Christian-Muslim bloodshed that has killed more than 200 people.
      Reuters  -  341 words
    • 124 3 CANBERRA AFP AUSTRALIA will release secret documents concerning its policy towards East Timor in the *****, Foreign Minister Alexander Downer said yesterday. He said it would take some months for documents dating from the Portuguese revolution in 1974 until the integration
      AFP  -  124 words
    • 274 3 PHUKET Under new targets, most members to be integrated by 2003 AFP THE Association of Southeast Asian Nations (Asean) is several steps closer to forming an integrated market of more than 500 million people following trade and investment talks here. Trade ministers and
      AFP  -  274 words
  • Page 3 Advertisements
    • 498 3 Golkar's popularity stakes, Pg 8 Fildlt with rebels President Joseph Estrada integrated by 2003 spond to the challenges of Barriers to foreign invest- that business from all sources indefinitely suspended nego- globalisation," he said. ment in manufacturing, agri- was welcome. "We are mov- Will dlSlOCate even tiations with the communist-
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  • ASIA'S ECONOMIC SLUMP
    • 1021 4  -  CRISIS WATCH What tt badly needed was some aggressive cost-cutting and what it got Instead was a holding operation By Vikram Khanna EARLY on in the Asian financial crisis, Hongkong thought it was in a different, more solid and stable boat from the rest of the region.
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    • 412 4 Strong exports, government stimuli are driving forces Reuters [HONGKONG] Malaysia's outspoken premier Mahathir Mohamad seems to have foiled his critics once again, as a number of investment houses upgrade economic growth estimates. Dresdner Kleinwort Benson (DKB) Asia on Friday upgraded its outlook for Malaysia's
      Reuters  -  412 words
    • 298 4 Reuters (KUALA LUMPUR] The worst is over for Malaysia's recession-hit economy but the stock market will be stalled by immediate concerns over poor corporate earnings and thin participation from foreign funds, analysts said. Stock prices were fairly valued at current levels based on
      Reuters  -  298 words
    • 367 4 Despite his pledge to restructure them, little has changed Reuters [SEOUL] More than a year after South Korean President Kim Dae Jung took office pledging to wrest control of the economy from a handful of overindulged conglomerates, he is still struggling. Even as
      Reuters  -  367 words
    • 300 4 But analysts warn bad loan problems still not tackled AFP [SEOUL] Crisis-hit South Korean banks could return to profit next year with the government's help and painful restructuring efforts, analysts said. But they warned that the country's 22 commercial banks have yet to
      AFP  -  300 words
  • Page 4 Advertisements
    • 185 4 ——m* uUI/l THE WORLD S LEADING Tz, v.rr OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS !<>/', irld;-,idc .Mff of over 'i fl'v I' >f>",si<>n,tls in. 11 jcI• rx| Incorporation Fees from US$5OO J BAHAMAS JERSEY If I BRITISH VIRGIN MAURITIUS W i ISLANDS m fi rAVMAIu SEYCHELLES Jfi* f C. >
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    • 73 4 is running out, better upgrade now before it becomes too costly to solve your Y-2-K problem. We can help you in Standard Business Accounting Software or can also provide Customised Software under Window'9s NT platform. Call 224-3812 today! You still have time. Later could be too late! BSS SOFTWARES (SINGAPORE)
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  • Page 5 Advertisements
    • 559 5 A 20% BONUS! IT'S ENOUGH TO MAKE YOU WANT TO LEAVE THE COUNTRY. To be perfectly honest, that's the This means that 20,000 Asia Miles earned on your f\\3 y entire idea: Adios. Ciao. Arrivederci. Citibank Cathay Pacific Visa gives you 24,000 Asia Miles y llf Sayonara to the same
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  • CHINA-HONGKONG-TAIWAN
    • 519 6 BEIJING But some major gaps remain and both are working for an early pact, says minister Reuters CHINA has made "important progress" with the United States on entry to the World Trade Organisation and is keen to work out remaining differences, Foreign
      Reuters  -  519 words
    • 438 6 BEIJING Reuters CHINA warned the US yesterday against offering Taiwan protection under a missile defence umbrella, saying such a plan would harm the chances of a peaceful reunification with the island. Foreign Minister Tang Jiaxuan's comments at a news conference were the
      Reuters; REUTBRS  -  438 words
    • 225 6 BEIJING China tested bombs nsing data stolen from USIateNYT AFP. Reuters CHINESE Foreign Minister Tang Jiaxuan yesterday denied a US press report alleging China built and tested nuclear bombs using information stolen from a US government laboratory. "This report is irresponsible and unfounded," Mr Tang
      AFP.; Reuters  -  225 words
    • 434 6 m BEIJING Bering court awards 800,000 yuan in damagfrs, says report Bloomberg MICROSOFT Corp has won its first court case in China against illegal copiers of its product in what a state-run newspaper dubbed a "landmark" verdict against rampant software piracy in the
      Bloomberg; AFP  -  434 words
    • 270 6 HONGKONG Reuters HONGKONG'S Human Rights Monitor said yesterday it no longer had confidence in the ability of Secretary for Justice Elsie Leung to tackle sensitive questions surrounding the territory's judicial independence. "We don't believe she is the right person to do this
      Reuters  -  270 words
    • 268 6 BEIJING Reuters CHINESE Premier Zhu Rongji stressed yesterday Beijing's commitment to overhauling the ailing state sector, Xinhua news agency reported. "The concrete measures adopted by the central government are correct and effective," it said Mr Zhu told lawmakers from the northeastern province of
      Reuters  -  268 words
  • Page 6 Advertisements
    • 173 6 Furniture business opportunity LOW COST, GOOD PROFIT We invite you to come and qet that chance at the PLAN YOUR VISIT "Furniture Interior Expo '99" Which will be held at the Jakarta Convention Centro Indonesia, a very comfortable exhibition nail in a safe and convenient Pll |ll El area which
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  • ASIA
    • 166 7 TOKYO AFP JAPAN plans to set up a fund to help developing countries combat the millennium bug computer problem linked to the arrival of the next century, a report said yesterday. It plans to create the Japan Year 2000 Fund by using part
      AFP  -  166 words
    • ASIA Briefs
      • 69 7 AFP [TOKYO] Japan's Justice Minister Shozaburo Nakamura is set to be terminated over an immigration blunder involving his movie hero Arnold Schwarzenegger (right), reports said yesterday. Mr Nakamura, 64, faces growing pressure to step down following allegations that he used his position to pocket a
        AFP  -  69 words
      • 65 7 AFP [POKHRAN, IndiaJ India yesterday conducted its largest-ever air force exercise over this desert site where it conducted a series of nuclear tests last year. Around 100 fighter jets and bombers took part in the manoeuvres at the Pokhran nuclear test site in Rajasthan state'which
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      • 69 7 Reuters [TOKYO] Local-level elections kicked off nationwide in North Korea yesterday, the first such polls since the death in 1994 of "Great Leader" Kim n Sung, official media reported. "Elections of deputies to provincial, city and county people's assemblies of the DPRK (North Korea) have
        Reuters  -  69 words
    • 394 7 NEWDELHI Some 9,000 tonnes of gold worth USsloob is lying idle with Indian families AFP AN estimated 9,000 tonnes of gold, worth around US$lOO billion (Ssl72 billion), is gathering dust underneath the floorboards in India. Gold-crazy India has long been the
      AFP  -  394 words
    • 404 7  -  Chinese businessman gets Sydney road named after him From Surinder Singh in Sydney SYDNEY'S Olympics organising committee yesterday bestowed a special honour on a Chinese businessman who runs a restaurant in Bucharest, Romania. John lan Wing is to have an Olympic road named after him. The
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  • Page 7 Advertisements
    • 514 7 PC To advertise call toll free 1800 /41 1883 nV i lvL»3 Fax No 741 1298 NOTICE OF MEETING OF CREDITORS IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding Up N0.311 of 1998 In The Matter Of The Companies Act. Chapter 50 And In The Matter Of
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    • 414 7 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of UCHI ELECTRONIC (S) PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at Blk 133 Jurong East Street 13 #04-297
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    • 393 7 SONY reinvents -ff Introducing Sony's DigitalB Handycam. B When Sony launched the first A nce DigitalB The secret lies in the head. The dual-speed Bmm camcorder back in 1985, it camcorder records head, to be precise. ushered in a whole new era of BSEbfIHfIPE I completely in digital, home-made movie.
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  • FOCUS
    • 625 8  -  Indonesia's ruling parly faces uphill task in winning the minds and hearts of the electorate, minister Tanri Abeng tells BT Reports Shoeb Kagda [JAKARTA] INDONESIA'S ruling Golkar party will have to overcome its popularity problem if it is to do well in the elections due on June
      FILE PHOTO  -  625 words
    • 400 8 Minister wants to ensure vested interests cannot interfere in state enterprises HAVING spent much of his working life with multinational companies, Tanri Abeng believes passionately in implementing proper systems that not only act as guideposts but also stand the test of time.
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  • Page 8 Advertisements
    • 355 8 ASEAN FUND LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Tenth Annual General Meeting of the Company will be held on Saturday, 20 March 1999 at 9.30 am at the East Room, Level 11, Conrad International Centennial Singapore, Two Temasek
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  • THE WORLD
    • 273 9 BASLE BIS says investors fled after Russia's crisis and LTCM's near collapse Reuters NET international debt issues fell to their lowest level in three years in late 1998 as investors took flight from financial crises and global capital flows dried up, the
      Reuters  -  273 words
    • 130 9 BASLE Reuters ASIAN countries in general, and China in particular, saw a sharp decline in outstanding loans from international banks in the third quarter of 1998, the Bank for International Settlements (BIS) said. "In Asia, reporting banks reduced their exposure to all
      Reuters  -  130 words
    • 460 9  -  From, Neil Behrmann in London A CONSPIRACY of jwlitical and economic factors is likely to ensure that the euro will stay depressed in the foreseeable future, say a growing number of analysts and dealers. They are concerned about the left-wing proposed policies
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  • Page 9 Advertisements
    • 153 9 NOTICE TO NOTE HOLDERS Notice is herebv given for the following issues that Fiscal Agent/ Agent Bank have changed from LTCB Merchant Bank (Singapore) Limited to The Industrial Bank of Japan (Luxembourg) S.A. 6, Rue Jean Monnet, P. O. Box 68, L-2010 Luxembourg Tel (352) *****7-1 Fax (352) *****7488/489 Teiex
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    • 56 9 j fT Early warning O system. Being alert to global trends prepares you for the impact they will have locally. The International Herald Tribune detects the early warning signals and identifies the opportunities and the threats. Straight and to the point. Pick up your copy right away. It's never too
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  • BUSINESS IT
    • 423 10  -  Major Y2K readiness conferences to be held here next month By'. Raju Chellam [SINGAPORE] All key government agencies, including statutory boards, have committed to have their key computer systems Year 2000ready by mid-1999. This exercise will be coordinated by the National
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    • 218 10 Y2K readiness an update HERE'S an update from some major organisations on their Y2K readiness: carried industryMEPS (MAS B-Payment System) and MasnetMEPS testing involved 97 banks and was completed in November last year. Masnet, a communications network operated by MAS, involved 200 financial institutions and completed testing last AH its
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    • 442 10  -  Lines of business are relatively independent, and this has benefited its star software division By] Kenneth James [SINGAPORE] Its closest rival, Hewlett-Packard Co, is splitting into two separate companies; so will IBM Corp follow suit and spin off one or more of its
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    • 75 10 [SINGAPORE] 3Com Corporation recently announced a US$4 million (516.8 million) investment to support IT education in Singapore and the Asia-Pacific, including the launch of Net Prep, a computer network training initiative. With effect from March Ngee Ann Polytechnic has become the first Net Prep
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    • 751 11  -  Lightspeed Technologies has won several companies as customers By 1 Toh Han Shih [SINGAPORE] An IT firm started by local technopreneur Jeffrey Goh aims to make the Internet affordable and widely used by Asian businesses. The firm, Lightspeed Technologies, incorporated last year, has
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    • IT TAKES
      • 41 11 SINGAPORE Polytechnic will be receiving over $1 million worth of hardware, software and technology transfer from Compaq Computer Asia to boost its e-commmerce courses, based on a memorandum of cooperation Singapore Polytechnic signed with Compaq recently.
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      • 56 11 NANYANG Polytechnic and Sun Microsystems has signed a memorandum of understanding (MOU) to implement a training and industry collaboration programme to promote network computing. This MOU will involve an initial investment of)l million where Nanyang Polytechnic will jointly develop, author and implement network computing
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      • 87 11 TELE-MEDICAL Services, a local health-care firm, has further computerised its mobile intensive-care units (MICUs). Tele-Medical has installed laptop computers with fax modems in its MICUs, which enable them to exchange data with hospitals while they are rushing the patient to hospital. Prior to the patient's arrival, the
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      • 45 11 COMMUNICASIA99, along with MobileCommAsia99, NetworkAsia99, Internetßusiness99, will be held on June 22 to 25 at Singapore Expo. The event will include conferences and an exhibition with products and services of over 1300 companies. Pre-registration is available online at the show's Web site, www.communicasia.com
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      • 71 11 THE PSD Group, a British Arm with interests in technology, services and executive search and selection, will move its office to the SLA Building in Robinson Road on Friday. Its Singapore office's contribution to the group's profits grew 137 per cent last year, despite the Asian
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      • 40 11  -  -Compiled by Toh Han Shih SEMICON Singapore 99, a semiconductor trade exhibition with symposiums, will be held at the Singapore Convention and Exhibition Centre from May 4 to 6. For more information, call Mylene Kok at *****21.
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    • 309 11 [SINGAPORE] Despite the Asian economic crisis, EMC, a major supplier of computer storage systems, hired staff in Asia last year and will continue to do so this year, said EMC Asia-Pacific managing director Michael Burnie. He was speaking at an Asian launch of
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    • 676 13  -  SAYIT By Alex Siow The author is chief information officer, HDB, and president of IT Management Association INFORMATION technology professionals have much to rejoice even in the midst of this economic crisis. Despite the hard times, most of them have experienced salary increments in
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    • 453 13 Gnome offers a set of 'themes' that imitate the appearance of various operating systems New York Times [SAN JOSE, California] The free software movement has taken its most significant step yet towards a direct confrontation with Microsoft Corp by introducing software that gives
      New York Times  -  453 words
    • 568 13  -  Create child companies and allow them the independence to survive and grow, says expert By* Toh Han Shih PARENTS must let their child be free to grow in order to meet the new challenges of the Internet, said PriceWaterhouseCoopers partner Paul
      Source: PriceWaterhouseCoopers  -  568 words
    • 184 14 Bridge News [CHICAGO] Some embedded systems vendors have cited performance problems with Sun Java and are turning to Hewlett-Packard's ChaiVM, its virtual machine, for running Java programming language applications on embedded devices. Already Microsoft, Lynx, Integrated Systems, Aplix, Microware, QNX, OSE and
      Bridge News  -  184 words
    • 550 14  -  Intel's new Pentium 111 processors make their debut here, promise big leaps in imaging power By\ Raju Chellam [SINGAPORE] Four leading IT vendors Dell Computer, Hewlett-Packard, Compaq Computer and home-grown GES International were among the first here to announce computer systems based on
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    • 266 14  -  By Toh Han Shih [SINGAPORE] Local firm Cybersource is offering a technology that enables people to conduct electronic commerce on their handphone. Cybersource's technology, a Global Messaging System (GMS) server, was showcased last week at Internet World Asia Singapore 99. GMS enables people
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    • ON THE SHELF
      • 79 14 IBM has announced two new notebook computers under its ThinkPad i Series. The models—l4ll and 1451—are targeted at small businesses, students and individuals, and come with active matrix displays, Altec Lansing sound, external CD player controls, integrated 56K modems, and customisable instant-access buttons. They also
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      • 81 14 SHARP-ROXY Sales Is ready with XG-NV4SM (above), its newest portable LCD data projector under the Note Vision line. Sharp said the product is the only one in its class to offer 1:1.5 x zoom lens, two separate computer inputs for PC or Mac, Auto Sync technology
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      • 76 14 ADVANCED Micro Devices (AMD) has announoed the 450 MHz K6-2 processor with 3DNowI technology that it said "matches the clock speed of Intel's fastest Pentium n processor". Gateway, Compaq Computer and IBM are now offering systems built around the processor. The chip enables systems to
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      • 62 14 INTRESOURCE Systems is now marketing Aplio/Pbone (above), an Internet telephony appliance for businesses and homes. The $396 product connects to a regular phone and can be used to call long distance using the Internet. Both callers must have the product and an ISP connection, but there is
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      • 75 14 EPSON has introduced the Stylus Color 900, calling it the world's fastest colour Inkjet printer, with 12 pages per minute print speed for both monochrome and colour {Hints. Epson said the product also offers the smallest ink droplet available in the market today, with a
        75 words
      • 80 14  -  -Compiled by Raju Chellam APPLE Computer said the latest version of its colour-management workflow software for publishing and design professionals, Color Sync 2.6, can be downloaded free from: www.apple.com/colorsync. The program includes enhancements to Apple Script integration, support for jpeg and gif image formats, and
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  • Page 10 Advertisements
    • 308 10 We're helping our clients with the millennium problem. Now that's really working against the clock. ft a«e between the major banks together to help address the kind of for situations as problem that only comes along every thousand oblem. So even years. We're helping our clients work together jrking on
      308 words
    • 189 10 |f you haven't thought about your desktop level year 2000 problems yet, it's H H I time. Because desktop level Y2K anomalies are a serious problem. One that's H I easily passed around the network and re-uploaded to your mainframe. I Norton 2000™ Corporate Edition quickly and easily addresses the
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  • Page 11 Advertisements
    • 7 11 Wednesdays Money Matters by Larry Wee THEBUSINESSTIMtS
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    • 129 11 Protection from the unimaginable The business world can really eat you alive. Especially if your data is the appetizer. So protect yourself. Look for "DLTtape""* or the authorized DLTtape logo mark on all your backup drives and media. It says you're working with the true DUnstandard. It says you've got
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  • Page 12 Advertisements
    • 163 12 Great Plains, we took our name from the land and our philosophy from the view. Because there, on the horizon, we see opportunity. That spirit of possibility is part of our world. And how we develop midmarket financial solutions for growing companies worldwide. Our affordable software solution is fully integrated
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  • Page 13 Advertisements
    • 201 13 A l iff W Ik 11 :9a gyii§ iB BAiS m IB BBHBB^ I JB v Hl^B Bp JB chy Cs)/it||My4D4u Ilißli II 111 W'HipWWp^M^^Mß Save space, time and money as you increase the management, security and control of your IB <^m documents. The CD4046 desktop filing system scans documents
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  • Page 14 Advertisements
    • 542 14 The temet is emerging as a marketplace others and there I is no region that stands to benefit more from the e-merging environment II I than Asia. As many companies rethink their corporate strategy in H^ft the wake of the economic crisis, doing business online has become a primary focus
      542 words

  • EXECUTIVE LIFESTYLE
    • 317 15 Having a job gives them a strong sense of identity, accomplishment and fulfilment- survey AFP ASIAN women are work addicts compared with the rest of the world and having a job gives them a strong sense of identity, according to a survey published recently by
      AFP; FILE PHOTO  -  317 words
    • 371 16 HEALTH Wholesome, nutritions foods said to help prevent chronic disease Reuters [WASHINGTON] Pasta, bread and other food made from grain should remain the foundation of Americans' diet in nutritional guidelines being revised by US regulators, a wheat industry group said last week. Grain
      Reuters; FILE PHOTO  -  371 words
    • 415 16 TOURISM A state-of-the-art infonnation centre will help visitors find cultural offerings NYT [NEW YORK] This city has often had a love-hate relationship with its tourists. Sure, their money fuels the economy, but they also crowd Manhattan streets and make it even tougher to
      NYT; FILE PHOTO  -  415 words
  • Page 15 Advertisements
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    • 67 15 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tel: 737 9944 Fax: 733 3175 ya Smorjia Italian Restaurant Special 20% discount for Citibank card members till July '99! Maatrr M><*m*rCkaOOmmtr DONATO M~s. W_J FABIO MAZZOLA f
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    • 29 15 aZ *wf -PA! MTTRRAC Advertise in Wine, Dine Entertain of The Business Times. Contact Jennifer Ng 740 1581, Raymond Seah 0 740 1260 or Shirley Lee 740 2290 now
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    • 165 15 One of the best places to enjoy nonva food is St. Gregory's Brasserie. Our chef won't aisappomt you with his buffet spread of Nonya specialities, including Kueh Pietee, Ayam Buah Keluak, Otak Otak, Udang Assam, Yang Tau Foo Lemak and Apom Berkuah, that vary every day Daily Nonya Lunch Bufe:
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    • 122 15 (ltpWO* 2-13 March *99 with Fu Hting Acrobatic Troupe performance 2-4 March *99 ITVAL \IWAN CULINARY FORMING RTS Reservations: 224-3203 r per person £j«f or Loc«0, tree sot\- >vi*ki). At Garden Terrace Bar Grill. enjoy a breezy poolside meal with a view of the city whan you try its new
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  • Page 15 Miscellaneous
    • 1143 15 CRYPTIC CROSSWORD 1 Finds and reads quickly through the list H 5 Wears when one sees the first g bit of rain is coming through *****1 1111 1 9 Slip back to case the fiat in- —HK |HL volved, but there are dangers 12 12 Beats time, which is fUnny
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  • Page 16 Advertisements
    • 148 16 NTT. One call away. 24 hours a day. 365 days a year. Global telecommunications. The developments are coming so fast, it's hard to keep up with the changes. Fortunately, now there's one answer: NTT, a m participating member of Star Hub in Singapore. Under the brand name of Arcstar, with
      148 words

  • COMPANIES & MARKETS
    • 498 17  -  Group giving up Audi, Volkswagen agencies in Brunei, where sales were halved Clarissa Tan [SINGAPORE] Inchcape Motors saw its net earnings hurtle down to $20.17 million last year a 43 per cent drop due to losses in Brunei and a non-recurring exceptional
      498 words
    • 281 17 [KUALA LUMPUR] Malaysia's biggest conglomerate and corporate borrower, Renong Bhd, will meet creditors today to present a widely awaited debt restructuring plan, analysts said. Renong and associate United Engineers (M) Bhd (UEM) are expected to propose to restructure debts of about 8.5 billion Malaysian ringgit
      281 words
    • 755 17  -  MARKET MATTERS First test will come when new revamp of Renong Is unveiled By Eddie Toh IS the political elite in Malaysia about to abandon their favourite but troubled sons in a bid to win back investor confidence and resuscitate the economy? Recent events
      755 words
    • REGIONAL COMPANIES
      • 480 18  -  It wants to tap new ground, plans to expand by franchise and acquisition By] Eugene Low [SINGAPORE] Education and training group Informatics Holdings plans to expand its operations in the UK and elsewhere in Europe with more acquisitions and franchising, says group managing
        FILE PHOTO  -  480 words
      • 216 18 AFP [TOKYO] The combined net profit of listed Japanese companies will fall by more than half in the year to March 31 as many firms incur huge losses on restructuring, a report said yesterday. Net profit for 1,759 companies excluding banks
        AFP  -  216 words
      • 244 18 He points to gains from projects in JB, Pnchong, Pntrajaya Bernama [KUALA LUMPUR] Property and construction group SP Setia Bhd sees better profits for its current financial year ending October 1999, with major earnings to be generated from three projects being
        Bernama  -  244 words
      • 369 18 Finns want to follow Pacific Internet's Nasdaq listing Reuters [SINGAPORE] Inspired by lofty prices of US Internet stocks, "dot.com fever" is spreading in Asia, with Inter-net-related companies eyeing stock listings after Singapore Firm Pacific Internet's successful debut on Nasdaq. "Basically, everyone has
        Reuters  -  369 words
      • 133 18 Bernama [KUALA LUMPUR] Second board-listed Yung Kong Galvanising Industries' group pre-tax profit shrunk by 53 per cent to 4.09 mUlion ringgit (551.86 miUion) for the year ended Dec 31, 1998, from RM8.73 million a year earlier. Volatile forex rates, high interest rates, reduced consumption and increased
        Bernama  -  133 words
      • 116 18 AFP [MANILA] Trading at the Philippine Stock Exchange will not be affected by the Year 2000 computer bug, President Joseph Estrada's adviser on the millennium bug said yesterday. "I have the guarantee of the PSE that stock trading will open on Jan 3,2000, since
        AFP  -  116 words
      • 396 18 Reuters [COLOMBO] The upcoming expiry of a tax incentive has spurred a final sprint for initial public offers (IPOs) by Sri Lankan firms, but equity analysts say their response will be poor due to depressed market sentiment. "After the luU, the
        Reuters  -  396 words
    • INTERNATIONAL COMPANIES
      • 259 19 NYT [SAN FRANCISCO] Microsoft Corp moved to defuse a potentially explosive privacy issue on Saturday, saying it would modify a feature of its Windows 98 operating system that has been quietly used to create a vast database of personal information about computer users. Microsoft
        NYT  -  259 words
      • 354 19 Biggest corporate bond issue will help finance USs4Bb purchase of TCI FT [NEW YORK] AT&T, the US telecommunications group, is expected to launch a bond of up to US$lO billion (5517.3 billion) to help finance its US$4B billion acquisition of cable group TCI,
        FT  -  354 words
      • 390 19 German telco says any realistic bid mnst top 20b marks Reuters [FRANKFURT] Deutsche Bank must double to more than 20 billion marks (5519.1 billion) the price it is considering offering for the cable television unit of Deutsche Telekom, Telekom said
        Reuters  -  390 words
      • 314 19 Forecasts reflect rollercoaster year for chemicals sector Reuters [FRANKFURT] Germany's two largest chemicals groups BASF and Bayer are expected to show scars from withering demand and rock bottom prices in the fourth quarter when they report full-year earnings tomorrow. BASF, Europe's
        Reuters  -  314 words
      • 431 19 AFP [BONN] German carmaker BMW has asked for financial help from the British government in its bid to rescue its British unit Rover, company spokesman Richard Gaul said on Saturday. The statement, the most positive signal yet that BMW wants
        AFP; FILE PHOTO  -  431 words
    • FINANCE & COMMODITIES
      • 507 20 Union creates 40t peseta bank with estimated 25% earnings growth Reuters [MADRID] Banco Santander and BCH shareholders voted on Saturday to back the merger of the two banks, paving the way for the creation of a Spanish megabank with 39.8 trillion pesetas (***** billion)
        Reuters  -  507 words
      • 589 20 The answer is to be found in the way the firm values employee stock options Bloomberg [NEW YORK] Merrill Lynch Co said it cut chief executive David Komansky's total 1998 compensation 11 per cent. It also said it gave him
        Bloomberg; FILE PHOTO  -  589 words
      • 270 20 FT [NEW YORK] Goldman Sachs is to appoint a new chief financial officer as part of a series of management changes in preparation for its initial public offering, which is due within the next three months. The changes include the enlargement of its 15-strong management
        FT  -  270 words
      • 215 20 Bloomberg [PORT CHESTER, New York) Merrill Lynch Co, the largest US brokerage, ranked No 1 for a second year in stock research based on the number of analysts it has and companies it covers worldwide, according to Nelson Information. Merrill's 455 analysts follow
        Bloomberg  -  215 words
      • Article, Illustration
        1836 20 PRIME LEMPIMO RATES BANKS ABN Amro Bank NV 5V« ABSA Bank Limited 6Mi Agricultural bank Of China 6 ANZ Banking Group 6'.^ Allied Irish Bank PLC 5 American Express Bank 6 Arab Banking Corp 7',« Arab Bank PIC 5W Asahi Bank Ltd 6v% Ban Kin Lee Bank Bhd 6't Banca
        1,836 words
    • COMMODITIES & FUTURES
      • 541 21  -  SIMTflf Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Interest rate issues are likely to remain the major factor driving the currency market, particularly US$-yen trade. The yen is expected to remain
        Source: Simex  -  541 words
      • 820 21 COMMODITY Weeklyßoundup AFP [LONDON] Sugar and coffee prices crashed lower last week in the wake of further devaluation and currency turmoil in Brazil, whose exporters have turned overseas for cash. Brazilian exports flooded the market, taking sugar prices to
        AFP; Source: Bloomberg  -  820 words
    • 1848 21 SICOM FUTURES Mar 5 RUBBER (Mures dosing is *t 5.30pm) RSS1 CONTRACTS cwts/k«) Close Votomt Open Month High Low Sett (tomes) Interest Apr 99 m.25 700 May 99 113.25 925 Jan 99 115.25 300 Jul/Sep 99 118.75 825 Oct/Dec 99 122.25 225 Jan/Mar 00 125.75 RSS 3 CONTRACT
      1,848 words
    • MARKET REVIEWS
      • 285 22 HONGKONG AFP. Bloomberg HONGKONG'S stock market will take its cue in the week ahead from US economic data and the financial results of local blue-chip companies, analysts said on Friday. The Dow Jones Industrial Average rose to a record on Friday, coming within
        AFP.; Bloomberg  -  285 words
      • 557 22 NEW YORK Blany doubt Friday's surge can be kept up; others encouraged by strong economic data AFP BLUE chip stocks gained 4.61 per cent last week, finishing at a record high of 9,736.08 points after a stellar performance on Friday. But analysts were
        AFP; REUTERS  -  557 words
      • 434 22 LONDON AFP LONDON share prices rebounded from earlier losses late last week, catching the wind from the booming US economy and shrugging off unchanged British interest rates in the hope of a cut in the near future. The FT-SE 100 Index of leading
        AFP  -  434 words
      • 308 22 TOKYO AFP INVESTORS in the Tokyo share market are expected to target the 15,000-point mark on the key Nikkei index in the coming week, encouraged by a 5 per cent surge on Friday, analysts said. Some profit-taking will be inevitable, the
        AFP  -  308 words
      • 848 22 n Sydney +22.6 AUSTRALIAN investors will keep their eyes on Wall Street in the week ahead with domestic data scheduled for release likely to do little to shape the stock market, brokers said. "Domestic data slated for next week is unlikely to provide the definitive answer on
        848 words
      • 1891 22 P Paris +96.62 FRENCH stocks jumped 2.48 per cent on Friday, tracking strong gains across European markets after US jobs data soothed fears of a rate hike there and sparked a rally on Wall Street. The CAC-40 blue-chip index closed up 101.57 points at 4,189.56, a rise
        1,891 words
    • KUALA LUMPUR STOCK MARKET
      • 8949 23 INDUSTRIALS Consumer producti M.-1* 99 L t v »H* Net cap L,m Cw—ny S.t. OOO High Low HI mM 310 270 Ajinomoto 270 Ho 7 272 270 1*9 1094 62 Anqkm 65 -7 47 0 5 64 at a fo2 2 11? **>UoFoo<lH\q 225 -15 4 230 220 7.8 90
        8,949 words
      • 428 23 AFP P Composite Index -25.4 JITTERS over the outcome of a key state election and concerns over corporate health are expected to hang over the Malaysian stock market in the week ahead, dealers said on Friday. The market is still in a consolidation phase
        AFP  -  428 words
    • WARRANTS & OPTIONS
      • 2668 24 ■OHM, LOANS iVAMANTS 52-*k Last Vol Last Ouott Avq High Low Stno Company Solo ♦or- COOO) High Low Buyor Sailor Prtco '8 3 3160 A Acor ******1 USS 12 *1 85 12.5 1LS 12 13 35 4.5 3164 Acma ******4 16.5 *0.5 2900 19 15.5 16.5 17 17 3161 AIIToch
        2,668 words
      • 184 24  -  WARRANT WATCH -By R Sivanithy EVERY once in a while, close-to-expiry warrants spring to life. Warrants issued by CK Tang, Pertama, HPL, Parkway and several others have at one time or another had a fine run in the final few months of their
        184 words
      • 232 24 HOMKOM STOCKS Or Cr S2-WH Last V* WM LMtOuot. Mv 0* YW N«t HC« High Low Stno Com»««y Mt fOOO) H>» L— Buyr S—f H Ot P/I Sum ~t85 T73 5123 COL (2000) MK 173 *27 54 185 173 175 180 8 2A 4 6 8.9 3349 6
        232 words
    • 6260 25 Week ended: Mai 5 I M is Last Quota ON Dtv YM Nat C»p *tg Ht U »«W C— I—«y ><t> COOP) m«H Law *uyr C»r Pit $m« Prtca MULThMOUSTRY 142 17.5 mt 1000 AcmaSOc 71.5 *1.5 973 75.5 69.5 71.5 72 27J I
      6,260 words
    • 1193 25 H*» *1— >w ciwuwy trn <*<)&> 'tliilif CV W <£? Prtc? MANUFACTURE® 219 30 2049 AS Auto 10c 91.5 -I 2573 94.3 S9 91 91.3 IS N 7 1.6 8 6 104.3 91 ,2* 25 I™ H^' 2t *3 6 61 S8 60.3 63 2.3 10.2 0.8 S? ii.9
      1,193 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        510 26 Source: JM Sassoon Stocks Votamo JCMPHWtOO 44,637^000 GES Intl Ltd 20c 31,945,000 Hotunq Inv MT5 26,568,000 STEnqqlOc 23,247,000 IPC0W02 22,660,000 SembCorpI 25c 19,396,000 PSL Hltfqs 10c 19.114.000 Flextech Wt02 16,769.000 JC-MPH 16,730,000 IPCO $1.70 16,435,000 Starts SPH 181,184,800 0C8C Foreign 93,539,791 DBS Foreign 64,563,076 SIA Foreign 55,735,593 UOB Foreign 53,941,005
        Source: JM Sassoon  -  510 words
      • 643 26  -  THE WEEK attt!AH But how long Wall Street's record-breaking Friday rally may benefit local stocks is anyone's guess By R Sivanithy IT'S not often that the external environment smiles kindly on the local equity market. Since the start of the year, we have
        643 words
      • Article, Illustration
        71 26  -  -By Teh Hooi Leng Potential investors of Informatics may want to hold back for a while as the counter's technical indicators are rather mixed now. The MACD had indicated a buy at the end of Feb. In Sept last year, Informatics went from 28 cents to about 50
        71 words
  • Page 17 Advertisements
    • 46 17 jmk ML <- >■ w ir>4*W <L" »4j3K|jr X Jr^Hy -jwwjwwwu Daily to Switzerland and Europe. Relax. Think your thoughts. And leave everything else to us. m m Swissair. We care. SWISSQII"gjj 435 On hard Road, #1X 04/05/06 Wisma Atria. Singapore 23HX77. Tel: 737 H133 Fax: 737 360H
      46 words
    • 17 17 With 105 c/c financing from Citibank, you can be a proud owner of your dream home today!
      17 words

  • Page 18 Advertisements
    • 198 18 i^IDC IDC's Intensive One Day Review and Forecast of Asia/Pacific IT Markets Directions *99 is IDC's annual technology and market forum which provides an opportunity for marketing executives, strategic planners, MIS managers and IT professionals to gain an in-depth understanding of the current state and future trends of Asia's IT
      198 words
    • 232 18 HHE3 EE E Q Reliability around the world. I S3 FAST REUABLE CONVENIENCE H 9N Thanks to our computer Western Union has been in Today with 50,000 agent I I network that links all our the business of transferring locations spanning over I*l offices worldwide, your money around the globe
      232 words

  • Page 19 Advertisements
    • 172 19 &OCin&£S *O x %hgp ®j|Jy (a)ic<- Cfa ~T*€ Cjto'ces. t*Se /WaC€ *T°P+Y f >1 m WM M AS/400e Engine of e-business f Choosing a server to take your business to the Wet? The scalable AS/40Qe server is yflß V J everything a growing business needs it supports hot Web technologies
      172 words
    • 190 19 Jump-start your business with the AS/400, the engine of e-business. If you are looking for a scalable and reliable platform to run your business, look no further than the AS/400. IBM's new AS/400 Model 720,730, and 740 servers allow your organisation to run the e-business solutions alongside lines of business
      190 words

  • Page 20 Advertisements
    • 519 20 CSC Computer Sciences International Inc. (Incorporated in the United States of America) CASH OFFER FOR CSA HOLDINGS LTD (Incorporated in the Republic of Singapore) CLOSE OF CASH OFFER (THE "OFFER") BY MERRILL LYNCH (SINGAPORE) PTE. LTD., FOR AND ON BEHALF OF CSC COMPUTER SCIENCES INTERNATIONAL INC. (THE "OFFEROR"), TO ACQUIRE
      519 words



  • Page 23 Advertisements
    • 277 23 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 CHITA OPTICAL PRIVATE LiUfTgp (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308 OF THE COMPANIES ACT CAP. 50 THAT A FINAL GENERAL MEETING OF THE COMPANY WILL BE HELD ON THE 9TH DAY OF APRIL 1990
      277 words



  • Page 26 Advertisements
    • 131 26 Want to get the best Trading Ideas? Call DBS investor Online a: 438-1188 to find out more SBDBSBANK This announcement appears as a matter of record only I CSA CSA HOLDINGS LTD I (Incorporated in the Republic of Singapore) I Conditional Cash Offer I CSC COMPUTER SCIENCES INTERNATIONAL INC. I
      131 words
    • 642 26 THE COMPANIES ACT. CHAPTER 50 Section 290(2Mb) NOTICE OF RESOLUTION JURONG HOSPITAL (PTE) LTD (In Members' Voluntary Liquidation) At an bxlraordinary General Meeting of Jurong Hospital (Pie) I Jd held a( 360 Orchard Road#o4OM* International Building. Singapore *****9 on ihc 26th day of February 1999. the following special resolutions were
      642 words
    • 418 26 f IMa't fit limv? I rtri if It Cats' Mewsf J C.».k Cat*' Htm i* Siaby CltnifM this m»kit4. I a'-s 1 CATS. Buy It Sd It Find IL I NOTICE I I Philippine National Bank I USD 100 mio Negotiable United States I Dollar Floating Rate Certificates of I
      418 words
    • 582 26 IN THE MATTER Of THE COMPANIES ACT, CHAPTER N AND IN THE MATTER OF YAN CHENG BONA RICH SUGAR (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of m Extraordinary General Meeting of the members of Yan Cheng Bonanch Sugar (S) Pie Ud held at 8 Robinson
      582 words

  • SHIPPING TIMES
    • 283 27 Contributed by Simpson Spence Young WITH the sudden dramatic improvement in the BFI and with Panamax grain rates having picked up, there has been some lifting of the gloom surrounding the market. Whilst this improvement is likely only short term, a break in the "gloom" is a most
      Contributed by Simpson Spence & Young  -  283 words
    • 272 27 My I 11 CWT Distribution 0.53 unch 3 ChuanHup 0.61 *0.005 183 Costo Investment 0.48 -0.01 45 Freight links 0.165 unch 428 GBHoidings 0.38 *0.01 5 Hal Sun Hup 0.475 unch 119 IMC Holdings —HK 5.60 Jaya Holdings 0.59 -0.035 422 Jurong Shipyard 6.45 -0.05 138 Nwl Corp
      272 words
    • 527 27  -  APL Logistics targeting car, chemical industries in bid to treble sales By] Marcus Hand [SINGAPORE] APL Logistics is targeting third party logistics in the car and chemical industries in Asia as part of a drive to at least treble the size of
      527 words
    • 922 27  -  LINER SCENE By David Hughes IT has been an eventful time in the liner business. There have been: shippers' calls for governments to get involved in liner pricing; signs that imports to Asia are starting to recover and the spectacle of a
      922 words
    • 155 27 (BEIJING] China police have arrested around 20 pirates for killing 23 Chinese sailors and robbing a Hongkong cargo ship loaded with slag, the semi-official China News Service said. Officers in the southern province of Guangdong also seized two iron-reinforced ships and seven
      155 words
    • 250 27  -  By Marcus Hand [SINGAPORE] The future of the US-Asia liner conference Transpacific Westbound Stabilisation Agreement (TWRA) remains undecided following the resignations of four out of six remaining members. "The four new resignations are all effective May 1, giving the lines some time to
      250 words
    • 141 27 [SINGAPORE] Rig builder Keppel Fels has completed the conversion of a deep-water drilling vessel for Stena Bermuda Ltd. With a displacement 0f46,000 tons, the Stena Tay (above) is intended for operations in water depths of up to 7,soofeet Withad&k load ofs,oootons in operational mode, the
      141 words
    • 233 27 Bernama [KUALA LUMPUR] Klang Container Terminal Bhd (KCT), Klang Port Management Sdn Bhd (KPM) and Kontena Nasional Sdn Bhd (KN) have proposed a merger to rationalise and streamline their respective operations. This will be in the form of a restructuring exercise which
      Bernama  -  233 words
    • SHIPPING NEWS
      • 373 28  -  Action will deter pirates from discharging cargoes in China; one official said to be detained Reports from David Hughes inLondon THE London-based anti-mari-time crime agency International Maritime Bureau has welcomed recent activity by Chinese law enforcement agencies cracking down on alleged pirate gangs.
        373 words
      • 218 28 Increasing numbers of claims by Filipinos in foreign courts INCREASING numbers of death and injury claims by Filipino seafarers in foreign courts have prompted International Shipping Federation representatives to arrange a meeting with Philippine labour officials. ISF secretary David Dearsley said an
        218 words
      • 162 28 PROPOSALS for an Asian region insurance market may include co-operation between shipping centre rivals Hongkong and Singapore. The Asian Shipowners Forum (ASF) Insurance Committee will today discuss a proposal for the two to act together, where one insures and the other
        162 words
      • PORT Shots
        • 79 28 SPANISH company Sener is to equip the Kvaerner Philadelphia shipyard with a state-of-the-art CAD/CAM/CIM system. The former US navy yard is being turned into a specialist newbuilding facility by the Anglo-Norwegian conglomerate. The yard, which will start work on its first vessel later
          79 words
        • 100 28 AFTER 106 years, Australian shipping paper Daily Commercial News (DCN) is to close. After a bitter advertising rates war with LLP's Lloyd's List Australian Weekly (LLAW) since 1993, DCTVhas been bought for Aslo million (Sslo.B million) by its rival. The buyer is UK-based Informa
          100 words
        • 39 28 UK telecoms company British Telecom and Wallem have signed a major contract in Hongkong for a communications solution for the Hongkong-based shipmanager which uses both BT's mobile satellite and Concert Virtual Network Servlc services.
          39 words
        • 49 28 LYKES Lines (above), a Canadian Pacific (CP) subsidiary, is taking over three Americas services formerly operated by another CP acquisition, Ivaran Lines, whose brand name will disappear. The three services are: US East Coast-East Coast South America; US Gulf-East Coast South America and US Gulf-Mexico-Caribbean.
          49 words
        • 98 28 NORWEGIAN dry bulk specialist Western Bulk Group (WBG) has reported an operating loss for 1998 of 8.8 million Norwegian kroner(Ssl.9 million) on a turnover of 2.2 billion kroner. The 1997 figures were a profit of 52.5 million kroner on turnover of 2.4 billion kroner. Taking into
          98 words
    • 330 28 PACE Frota 12 MM. 3 Frt Links M Accord 8 6Link Ahrenkiel 14 Gemartrans 8 AASCO 4 Genshpg M Appenship 5 Glory W Austral 8 «*SunHup 12 A*ant 14 Hangli 7 B tang Mas 8 Han l |fl 3 BSA 7 Heung-A 4 BTL 14 13 Balaji
      330 words
    • 19087 35 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advartlsar VnW Voy«g«- 7alaphona ETA ETA Advartlsar Vh»I Voyaga Talaphona SIN Oast'n Nim# Nam* Numbar Number SIN Dast'n Nam* Nam* Number Number ■■■■■MHMMWMMHMiMHHMNWWHHHMMMMMMMMMMMHnMMMMMMMMMMM NMMNH&MMMHMMRMMMKMMMHMMaMMMBNMMMMMMNMMMa T To BUENOS AIRES (BUC) 2060 Argentina To ABIDJAN (ABJ) 2003 Cot# D Ivolr# 17/03 12/04 csav csavsantos 010s
      19,087 words
    • SHIPS IN PORT
      • 601 41 Vassai Voy Wo Barth Arrival Departure Bt Hindi jay *****9 J JOI Jtomjstf* 06.03/0100 Evtlyn 01 X* alongsida n.OVOtOO MU«jwo<J Hq0399 J17 *»V** 07.03/1930 Marcopolo i 06-99 J17 Hongs** 07.03/2359 K* SHan 02/99 J» Honqsid* 10.03/2300 Scaneaglc 153W J1S along*** 07.03/2359 F*nra 04/99 J03 alongside 07.03/2300 *fro» 102
        601 words
      • 1709 41 RECEIVINC Of EXPORT FCL COWTAIWBt mn lCl CARGO Boo*lnq/B«l«nce Rstls Ship Voy No Etb/Btr Ptrkxl From To From ta <* ormoo 07/1651 oz/itoo 07/1500 07/1659 07/1*00 07/1700 06/0659 04/0900 J* 07/1700 06/0659 06/0900 IN/0700 06/1759 06/1400 4 06/1200 06/1459 06/T700 V>0W 09/0700 U 07/1500 WW MM 07/1500 07/1659
        1,709 words
      • 214 41 Mat 8 China: Women's Day half day. Mar 17 Ireland Republic of: St Patrick's Day. United Kingdom: St Patrick's Day. liar 22 Japan: Vernal Equinox Day. Mar 25 Greece: Independence Day. Mar 28 Brunei: Hari Raya Haji. Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya
        214 words
      • 695 41 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
        695 words
      • 359 41 "V l S V 1 °1 %MAl 380 Ave 985.6 0.3 M.0 0.06 31 0.02 W>ri %w %H w «S!! G35 m I 00 ISO/Cimac Lirmts Spec £25 991 to 15.0 0.10 SO* OW im u* STI I~T Sptc 635 991 10 16 0 015 80*
        359 words
    • AIR & LAND TRANSPORT NEWS
      • 237 42 Reuters [AMSTERDAM] KLM Cargo and Malaysia Airlines Cargo said they were extending their cooperation, adding a new network point to their joint freighter network between Europe and Asia. Starting April 1, Malaysia Airlines will re-route four of its existing seven weekly flights between Kuala Lumpur
        Reuters  -  237 words
      • 350 42 Reuters [MADRAS) An Air France Boeing 747 freighter said to have faulty landing gear ploughed into a runway at Madras on Saturday and soon after burst into flames. An Air France official said all five personnel on board the 747-200 freighter were safe,
        Reuters; REUTERS  -  350 words
      • 582 42 Analyst's study shows customers given discounts of up to 27% off list price Bloomberg [SEATTLE] The Boeing Co, in a drive to keep sales robust while facing stiff competition for commercial airplanes from Airbus, offered its customers discounts of up to 27 per
        Bloomberg; FILE PHOTO  -  582 words
      • 352 42 Reuters [NEW DELHI] State-run Indian Airlines is heading for a decision on the purchase of new aircraft to replace 22 ageing aircraft in its fleet, a senior official of the airline said. "We are trying to expedite the decision," said J R
        Reuters  -  352 words
      • 295 42 Roles should be referred to ICAO, and not be imposed unilaterally Reuters [PAßlS] Airbus Industrie said that new European rules on airline noise should be referred to the International Civil Aviation Organisation (ICAO) rather than be imposed unilaterally. A
        Reuters  -  295 words
      • 153 42 Bloomberg [HALIFAX, Nova Scotia] Swissair Flight 111 will likely end up costing Canadian taxpayers as much as C 562.8 million (5570.96 million) since the federal and provincial government agencies involved in investigating the crash of the airplane cannot recoup costs from the airline,
        Bloomberg  -  153 words
      • 1545 42 n*HT ET* fUCHT CT1 8*7306 1840 $***** 2359 *4«M* 8*7381 1930 8*7382 2050 W K w wo am wo fmi sow mo sowo oib kmtUrfm S0343 0745 $024 2320 C2353 2035 ulm k« KL8M 2335 n*" 04 *"741 1310 ¥"742 0905 035 1 $0175 (835 $0176
        1,545 words
  • Page 27 Advertisements
    • 24 27 News of Cheung Son arrests encouraging IMB Action will deter pirates from discharging cargoes in China; one official said to be detained. Page 2
      24 words
    • 220 27 Boeing's losses doe to hnge price discounts Analyst's study shows customers given discounts of up to 27% off list price. Back Page MAKE A STRATEGIC MOVE TO TT INTERNATIONAL TRADEPARK THE FUTURE OF WAREHOUSING, LOGISTICS FREIGHT FORWARDING SERVICES UNDER ONE ROOF i Take your place at TT International Trade park
      220 words

  • Page 28 Advertisements
    • 1061 28 I NORTH AMERICA I I EXPORT 1 1 OTHER DESTINATIONS I SSX- SUPER DIRECT TO LA WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) wt msa| maw ta m hou oac nt kdcoott hum vqt IjQ "arm I xajutu Imi io«nro I rotmno Ipt ISSSSI 55 fl£ ssss. 3ii; ss ss
      1,061 words
    • 665 28 /Jo^o\ L,nes 860/1068 represented Members of the Registry of Accre<We<l Shipping Agents. Singapore Shipping Association Members of the hj«i Singapore Freight Forwarders SaAlft? Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 30/03/99 BOOKINGS CALL MONKA/AI UNO TEL 323 4374 CONTAINERS/
      665 words

  • Page 29 Advertisements
    • 1092 29 TO EUROPE FROM EUROPE VOY SIM RTM AMR HAM HV SOU FIT LEW VESSEL VOY RTIR ANR HAM BRV SOU FIT lEH SIN NOLCYPRINE 010W 08/03 25/03 27/03 JO/03 24/03 NOLRIS 007E U/02 16/02 19/02 20/02 10/03 HYBARON 31SW 11/03 03/04 31/03 01/04 29/03 BBC SSU 20/02 17/02 U/02 IS/02
      1,092 words
    • 39 29 CONTAINER SERVICE S'PORE/JAKARTA/SEMARANG/SURABAYA VHSEUVOY SPORE JAKARTA SEMARANG SURABAYA PtRMAI *****-426 15/03 18/03 1903 PtRMAI *****-427 22/03 25/03 26/03 PER'MI *****-428 29/03 31/03 02/04 PtRMAI *****3-023 15/03 IM>3 PfRMAI *****4-024 23/03 2MJ3 PtRMAI *****5-025 31/03 01/04 PtRMAI *****6-026 08/04 12/04
      39 words
    • 1943 29 HANJIN SHIPPING IkF I -S*s 37*0730 HANJIN SHIPPING PTi ITO Imp //w Imp torn lOOUNC 33*0335-737 SAiiS 32*0774 231 OOOMHT 37*0771 774 OPKATWIS 37******51 NAM LINE *****55 FAX 777WM CI HO I!<3««30M0N TO NW USA CANADA USA f AUA»t» "wvS/vo? ttM sin psri nw 1 do 1 w 10. 1
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    • 520 29 FULLY CONTAI WHHBP PIPICATBP SIKVI C I S vssa vor_ _s«_ pes tot stw h«g gi ush pus 1w I sin |pk Itbsh. tot Isa l jkt I «MT( KtaUNG TO3S 11/01 13/01 TO3M M/Dl 70/07 01/03 04/03 05/03 j t j HYUNDAI SPtIHTB DIPS H/OI OS/D 3 07/03 00/03
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  • Page 30 Advertisements
    • 1579 30 DSR-SENATOR LINES TO UK/CONTINENT TO MEDrTERRANEANCANADA VtUtL VOY WW LEH WW AWH HAM MV RJI VtSStl VOY IM BIT jH H» W.C MTB hamj* portuho wnru n.n »u an an jorj sin tin nuanctauTm wrnii un nn an itw dm hm TMOfMtfU WOII3 12 n D M M M RI.N
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    • 989 30 mJkM MAC-NELS S PORE M SIA r— —1 Carrier: MN CONTR LINES, INC p quomo: 07) *****26 I -f\/ \~J cm IAOO47SOOOOM SOU: (084)*****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA-(31) *****0 P KELANO: (03) *****77 JKT (21) *****07 MON: (61) *****3 KUCHiNG (082) *****1-3 BARCELONA MV
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    • 555 30 IJESSELTON LINE ST TILi MM4M MXi •••Sill 1 MUARA 1 f LABUAN vnsa vor ro in vessel vot ctd eu SWMNUARA sroct U| J PROSPER VO4I/11 5*4 11/03 CARAKAJO32 VO5l/11 M 11/03 CARAKAJN332 VOSI/W 5*4 10/03 JPWSPB VOSE/W 15/03 11/03 JUtOSPB VOSI/99 15/03 11/03 CARAIAM332 041/11 17/03 21/03 (AIAKA JN332
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  • Page 31 Advertisements
    • 1289 31 VESSEL VOY SIN PKO PEN PQB DUB DAM 1 SHJ I BA B'K I IRAN BABAEI PJLI333 08/03 17/03 18/03 19/03 21/03 23/03 IRAN TAKHTI PJLI337 15/03 24/03 25/03 26/03 28/03 30/03 IRAN LORESTAN PJLI33B 22/03 31/03 01/04 02/04 04/04 08/04 IRAN TABATABAEI PJLI339 28/03 07/04 08/04 00/04 11/04 13/04
      1,289 words
    • 1886 31 J| H9M b« VOOI3W (KTA SIN 1 3 Fob 99) f €•!<• USA I.it Co.it I All-Wator urvin will call at I Jlorfoik tl khl—f. J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) I COSTAR SHIPPING PTE LTD #i7-o« dis bldg saies/bkgs *****57/60
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    • 559 31 'tlFi EASTERN CAR LINER, LTD. Sent* Gty Tbiar 2, 1 |i] Eg (SINGAPORE) PTC LTD 11 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 450 TONS 1 KL (SINGAPORE) FTEI7D LOAD NG FOR YANGON/ CHITTAGONG DUBAI (JEBEL AU) MV "OCEAN REYNA" V.lB MV "OCEAN LEO" V.17 ETA SIN 03/03/99 ETA YGN
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  • Page 32 Advertisements
    • 1343 32 EUROPtAJK/SCAMPIHAVIA/fIHLAND/BUSSIA c nniri nn n.„ ROM WIW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP I SlrtLS oS, JS 5 08/03 28/03 31/03 Vm M/W 30/03 31/03 E REFINE RE 019 11/02 13/02 12/02 14,02 10/02 11/03 12/03 14/03 02/04 07/04 03/04 08/04 00/04 07/04 REACH RE
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    • 738 32 PACIFIC INTERNATIONAL LINES (PTE) LTD A I sssssssm IB 140 Cecil Street, #03-00 PIL Building. Singapore *****0. I I CR NO **********06 I I |VfSSH VOY Wl_ SMI HI SYP Mfl HM Ml ADt «l Pl7|{li^^| I lUNGA TfIATAI4 ITW27 11/1 12/3 21/3 24/3 26/3 31/3 6/4 7/4 I t6,<
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    • 489 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel I VOT |sw I rui 1 put 1 JW, I cptTkT NAXIAI QUEEN VQ33S 13/03 22/03 24/03 w/03 30/03 02/04 mumm voi2s 23/03 m/oT "woT"w^T NAJHAI VENUS VO33S 03/04 12/04 It/04 U/Q4 20/04 GOLDEN DRAGON VOIIS 14/04 23/04 21/04 01/02
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  • Page 33 Advertisements
    • 468 33 M MYANMA üBBk FIVE STAR LINE \T (Wlyomßor National Uia) loading for Tango! (Rangoon) vissa voy sin pki pin pgu RKRGUI visi sid MAWIAMTINf VS2W SU MALAYSIA AGENTS: KXttTUO SHIPPING AGENCIES KUL m (03)*****00 PKL TH (03) *****01 PIN: Til (04)24)2402 PGU: TU (07) *****21/4 BANK LINE (A twvko Uiw
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    • 1301 33 HMMEHYUN^^AERCHANIJJMJIINECOj^tfD^^^^^^ Ivcsa VOY SM I. SOU UH RTM ANT MAW BIV FB IVBSB VOTI SOU I tB4 I BTTHI I AWT NABI IWVI Fa SW NOICYTRME 010W 01/03 24/03 25/03 27/03 30/03 NOIBIS 0071 19/02 20/02 14/02 14/02 10/03 HYRARON 318W 11/03 29/03 03/04 31/03 01/04 ELM 5511 15/02 20/02
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    • 1080 33 %>——% nmgon ipecobad oukxoman \L_a. TO NORTH AND LATIN AMERia "RORO HEAYYUFT SERVICE* IVISSR I VOY I RAMP WIGHT SIM UI Cfl MIA SAV lAI OF NYC NIW MOO ITOIA F906 4001 M* 6.3 M 10/03 10/04 If/04 22/04 24/04 26/04 27/04 29/04 03/05 06/05 TARONGA F907 400 TOM 6.3*
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  • Page 34 Advertisements
    • 676 34 BANOKQ«7MAI» TA WUWIM CW«IAIW I mMM| VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN CHANABHUM" fIOW In Pt 12/03 ACX JADE* 443 In Pt 11/03 DANU BHUM 32N 09/03 13/03 12/03 VIRA BHUM 2SIS In Pt 12/03 11/03 NANTA BHUM** 436W 10/03 13/03 14/03 ANRO QOWA' 075
      676 words
    • 36 34 (KjZSb LNS EXPRESS (S) PTE LTD BIK 217 Henderson Road. #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders MUARA lAIso accepting Heavy Lilt Project Cargo Tel: 65-276 7996 Fax: 65-276 3740
      36 words
    • 497 34 INDONESIA NATIONAL LINE TO AUSTRALIA ""I FULL CONTMNEW BBBVICE HSk vot nt HW 1 Urn I Mft I HM I m IHI PtOWPWBMW ItS 11/MU/M 11/03 M/M W/M 01/04 04/04 mrmmm as 14/03 m/m ii/oj n/o* os/o4 11/04 Mtwarr lIS M/ 0317/03 04/04 W/04 H/04 IS/04 l»/04 mmmuu |ios |oi/o4«i/o4
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    • 880 34 waan.3 VOY W4 P* l JED MLA UD4 RTM HAM ZEE SOT VNXE DE ANTAfIES L3OW 11AX3 21/03 20AJ3 01/04 0004 o«M OT/OA W£ D6VWOO S3OW 16*53 17/03 25*03 3(V03 06AM ~0504 »04 ioo* VWU-E D€ VELA S3QW 24A)3 25A33 Q2AM 07/04 13AM uni iSoi UM V>U£ DE SHANQHAi H3OW
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  • Page 35 Advertisements
    • 60 35 STE^TfcPial74o-6000 OR G€TTIdnO (Retrieve more schedules!) Press "1" jj CT Select the port and key in SHI the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another Innovative service offered by The document Wi 11 be SiHTPPTNO TrMFS Ml# faxed to
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  • Page 37 Advertisements
    • 154 37 f mmmaamm free Reader Enquiry Service cut out and Fax to 65-*****29 mu 11 111 n Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by:_ Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping
      154 words

  • Page 38 Advertisements
    • 164 38 MM——MBI pflliMMlili (FOREST PROOUCTS SIIVtCI) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST BBflg ?fRYKE vKsa/voY sin labmchamnc mamla honghong keelung GUAR WAN ANGEL SAILED SAIUD SAJUD WMVOYW4 07/04 09/04 13/04 15/04 LOADING KM: DON VQYOI6 20/04 22/04 2S/04 27/04 SET!/HUSHMG/ANTVIERP/CAGUARY/NEWPORT UK PtSMlilf MALAYSIA HSH (N) SON KHO TAWAII CAPRICORN
      164 words
    • 192 38 «i«iwiin^^^»rTTlTTlWTTnTrTliTXTiTrZT7lTrr^^^M SHIPPING LINE >ff II Milk I'll Ik] I I I k HmHI I LIBYA BENGHAZI TRIPOLI rasa mi 1 vol*) I mhoo smgamm duoai roam* dwi wwcwaj tiipou ima 1133 2102.99 *****9 *****9 HIHKMI 24 03 99 0*05.99 0705.99 OKHTI 1337 05.03.99 15.03.99 *****9 KU6HEXI 31 03.99 13.05 99
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    • 160 38 ESP LINES man in tm ra sutki MWAH SUO-COOT MUSI —j OffTTAGONG, MAMAS IAMMOC. NON6KONG HAMMMG, KWTHDAM MNMY, (HOMO MIAKTA.MMU AKTWWF FEJXSTOWI CALCUTTA HOCMI—<. HAMHOW6 REGULAR CONTAINERISED INDONESIAN SERVICE VCSg/VOTACI STOW I «T I SM I ft 1 SW 1 KBMI I /MIMM vm 01/ D W/03 houuuuw/tsoi/h v/m wio/83
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  • Page 39 Advertisements
    • 876 39 SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 EnSSS3WSffIiEBI 7 slgs/week [********** 2slg/week voy am jak [vessel |voy Isin ]pib 007 09/03 fTUE) 13/03 (SAT) TWADIKA 377 12/03 (FRI) 14/03 (SUN)
      876 words
    • 833 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I rno I SW I JW I SUi KW I PDG I OM I KMI I HAL I im I Otf I I IKW I mm I ymi I H9WMOUW/9JJO 2S/Q4 01/Q5 _11/Q4 13/04 03/05 07/ OS IS/05 17/05 MJII jffiS W
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    • 577 39 frrg Stagapw* Soviet SUpptag CPI k\\V QMo lOOSOMOOOQH |\V Skipping PI afcivynomc VESSEL VOY SIN BOM PNQ PKL PERAK 120N 13/03 20/03 31/03 01/04 KOTA RUKUN RKNO3I 20/03 27/03 07/04 08AM KOTA RATI) RO3O 27/03 04/04 14/04 18/04 VEBSEL VQT SW CALCUTTA UN M REGINA RGAOBS 10-11/03 17/03 29/03 HAM
      577 words

  • Page 40 Advertisements
    • 585 40 I VESSEL VOY TIGER BAY 690N 09-09/03 15-18/03 23-2303 I TIGER ISLAND 691N 13-14AXB 18-21/03 26-27/03 I TIGER PEARL 692N 16-1603 22-2&03 30-31/03 I TIGER SEA 693N 19-20/03 25-28/03 0202/04 I TIGER BAY 684N 23-23/03 *****4 06-06/04 I TIGER ISLAND 696N 26-27Q3 01-04/04 09-10/04 I IVESSE^^^^VO^^SI^^CA^^SI^I TIGER OCEAN 364CN8 10-11/03
      585 words
    • 1080 40 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE ALEXANDRIA (ALY) BUENOS AIRES (BUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) LAEM CHABANG (LCB) MALTA (MLA) PASIR GUDANG (PGU) SAN ANTONIA (STN) SANTOS (SSZ) PLIASI CALL OUR TOLL FRII LINI Overseas Offices Hongkong *****113 flms@asiaonline.net Port
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    • 933 40 OOCL (Singopore) Pte Lro CFS Keppel Distrpk 79 Amm Road #31-04 (S) *****6 Bft 513 #01-128 J CI NO **********0H W: 272 7127 f« bookmg M: *****13 Fa 221 3942 F«: 272 7825 Orient Overseas Container line •■fT (Malaysia) Sdn Bhd OUg No: *****2-u) (a f PETAUNG JAYA T«fc 03-756
      933 words
    • 204 40 FULL CONTAINER SERVICE SIN PASIR QUDANQ SIN DAILY SAILINGS PROGRESS 9951S 09/03/99 fTVJE) 9951H 10/03/99 (WED) MPS2 ***** 70/03/99 (Y*D) 0021N fTHJR) PROGRESS 9952S 11/03/99 (THUR) 9952N 12/03/99 (FRO twa ddsa isM3i im~'sssr liwu isxrr AccaiMkiii IMC cargo i n»«hi Container (SOC) (COC) AGENTS MMNM PANCON SHIPPING MARINE SERVICES PTE
      204 words

  • Page 41 Miscellaneous
    • 114 41 LEGEND: R Thunderstorm Tempwotur. c >C\ JJ2T Weo,h r O Wl °d c 'wn wrth speed in krtott Ck>udy Sky Wove he.ght *1% dKo,#<l y '«<>'«•"* colm of bght ond vonobt. wnd, i^On.hoKtUh. L-. One fu« Heche r~w nt W One hort Heche represents 5 knots Wove heights in units
      114 words

  • Page 42 Advertisements
    • 80 42 Supply Chain Management Techniques Learn World C lass tested Supply Chain Management Techniques that work! [/5-/6 March 1999J EKent Ridge Guild House, Singapore Conducted By: Michael P. Novitsky CPIM. President of Professional Consulting Alliance Technical Consultant for the Supply Chain Council Email: http://www.kuhleconsulting.com f Fax: (65) 256 5523 Tel: (65)
      80 words