The Business Times, 26 July 1999

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Total Pages: 48
1 48 The Business Times
  • 11 1 fHEBUSINESSTlMES MITA(P) 046/12/98 85c SINGAPORE Internet: s3ikrfes.asial.com.sg/ MONDAY, JULY 26, 1999
    11 words
  • 55 1 STOCK ■METDQHCB5 Week Change STL 1,990.16. -144.07 SIMSC1 FUTURES....267.W -25.80 BT8RI. ...749.10. -43.40 KLSECOMP. 808.34. 44.78 NIKKEI— 17,534.44 -713.86 HANG SENG 1S.09J.70 -461.54 SET INDEX. 475.73 -12.78 JAKARTA COME 686.83. -36.54 MANILA COMP. 2,447.fi«_....-138.13 TAIPEI WPI 7,724.62....+368.29 SEOUL COME. 904.96-.....-115.86 CLSA CHINA B. 940.93-+ 118.04 AUST ALL ORD
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  • 81 1 FOBEX BATES uss ss U8*_ 1.698 £(U8S/S$ per 1184 1690 EL KO (LESS/91 per E) 1.060 1.784 DM 1.862 0.912 YEN 116* 1.464 RM 1806 ***** HKi 7.761 Mil BAHT J7J6 0.046 RUPIAH 6360 0.026 'St to 100 unto PHMB BATES SINGAPORE* KUALA LUMPUR ..7.25 JAKARA 4000 BANGKOK 10.00
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  • 758 1  -  Wall St may fall farther if he is seen to actively manage exchange rates From, Anthony Rowley in Tokyo FEARS mounted at the weekend that the new US Treasury Secretary Lawrence Summers is using the "exchange rate weapon" against Japan in order
    Source: Bloomberg  -  758 words
  • 608 1  -  Froml Shoeb Kagda in Jakarta DESPITE reservations expressed by the World Bank and the International Monetary Fund (IMF), the Indonesian government is proceeding with its plan to set up 10 holding companies under which all state-owned enterprises will be placed.
    608 words
  • 707 1  -  Shakeout expected as airlines woo corporate clients directly By. Ang Wan May [SINGAPORE] Singapore's travel agencies are set for a shakeout as airlines bypass the industry and pass on rebates on ticket prices directly to major corporate clients to boost customer loyalty. The
    707 words
  • Page 1 Advertisements
    • 152 1 msPE Crisis Watch Vikram Khanna cautions against the euphoria over Asia's econmic recovery, P|4 Web attraction Businesses in Asia will spend over USsl.4sb on advertising and promotions over the Internet by 2001, compared with USs237m in 1999, says a new study by Goldman Sachs Investment Research, BixlTPf 11 Earnings review
      152 words
    • 19 1 Fr IVtk 1* ■MM| a a A CHRIS LOH Who s cooking? World Gourmet Summit, +Fuii reports, Pg 9
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    • 119 1 B V LG A R I CONTEMPORARY ITALIAN JEWELLERS* 8 i o ti V (i A n I EJ V l_ C /V Pi 1 B V LO A R X n v < R I hi V l C R I tJ V L O A R 13 V
      119 words

  • SINGAPORE AT HOME & ABROAD
    • 563 2  -  Changes, which take immediate effect, will curb increase in size of attics in landed homes liy Corinne Kerk AMID growing complaints that the size and heights of attics of landed homes are changing the character of low-rise estates, guidelines on the construction
      SONIA TAN/ST  -  563 words
    • 344 2  -  By I Eugene Low DESPITE last week's jitters in the stock market, demand for private condominiums remained firm at the weekend launches of Asia Food and Properties' Hilltop Grove, and First Capital Corp's Aquarius by the Park. At Hilltop Grove, about 68 units,
      344 words
    • 315 2  -  E7E ON THE ECONOMY Outlook By. Eugene Low THE Singapore economy is expected to expand by 3 per cent this year and pick up further to 5 per cent next year, says Standard Chartered Bank. In its latest quarterly report on Southeast Asia, the bank
      315 words
    • 798 2  -  ASEAM REGIONAL FORUM Turnaround will boost Its credibility By Yang Razali Kassim FROM all indications, diplomatic tensions between China and the United States are going to top the agenda when the Asean Regional Forum (ARF) meets formally today. Both are key players in
      798 words
    • 963 3  -  Power supply maker tarns obstacles into opportunities and is now eyeing a public listing By, Jennifer Lien ONG Mong Siang, group chairman of power supply maker Speedy-Tech Electronics, is no stranger to failure. The entrepreneur at the helm of one of Singapore's most enterprising
      ARTHUR LEE  -  963 words
  • Page 2 Advertisements
    • 110 2 BE DART I Of A NEW fi EXCITING) TAKAS HI MAYA SINGAPORE TAKASHIMAYA DEPARTMENT STORE IN SINGAPORE IS PiANNING y A RENEWED STORE FOR THE NEXT CENTURY. WE ARE CONSTANTLY ON THE LOOKOUT FOR DISTRIBUTORS/ SUPPLIERS WITH NEW, INNOVATIVE AND INTERESTING RETAILING CONCEPTS IN MERCHANDISE, BRANDS AND/OR SERVICES. Jmjm IF
      110 words
    • 111 2 r 1 If you are recruiting or headhunting, join the most cost-effective network. JobsDß.com Interactive Recruitment \et\u>ii Enjoy our free services L for the next 3 months dy http://www.jobsdb.comj Call 861 1000 or email: salesu'jobsdb.com.sg for enquires B r C *****1 fE ECommerce Load Testing Will your web server crash?
      111 words

  • Page 3 Advertisements
    • 18 3 Sunday Classified -tflegJVl&tf iW at Clarke Qiiav CATS. Every Sunday, 9am spm Buy n. s«ii k nnd n.
      18 words
    • 255 3 SINGAPORE You help yourself to the I tallest hotel. complimentary mini-bar and walk with slow abandon on the plush Of COLirSG VOU Q GXDGCt deep pile carpets. As you sink into vn|«#vw the goose-down sofa and look out at the stunning night views from the ll6dV6lllV ffIUSIC world's tallest hotel,
      255 words

  • ASIA ON THE MEND
    • 748 4  -  CRISIS WATCH Mews of Daewoo's near-collapse and rise In Thai banks' MPLs serves as sobering reminders By Vikram Khanna IT seems analysts are turning increasingly bullish about Asia's recovery prospects these days. The title ofSG Securities' July Quarterly Economic Review
      748 words
    • 451 4  -  Banks, Ibra end talks with no big disagreements Prow Shoeb Kagda in Jakarta UK-BASED Standard Chartered Bank sealed its takeover of Bank Bali over the weekend, a development which banking analysts said would provide a major boost for the country's crippled banking
      451 words
    • 333 4 AFP [KUALA LUMPUR] Prime Minister Mahathir Mohamad said yesterday that the Malaysian bourse was undergoing a "natural correction" after plummeting 4.1 per cent in the week to Friday. The premier said he did not foresee any massive outflow of funds ahead of
      AFP  -  333 words
  • Page 4 Advertisements

  • Page 5 Advertisements
    • 265 5 BA world where purchasing power has few limits. Visa Platinum's exceptional credit limits give you greater freedom and financial flexibility. A world where a Personal Concierge waits at your heck and call. Your complimentary Visa Platinum Concierge will be on-call 24 kours-a-day to recommend a restaurant in Hong Kong, arrange
      265 words

  • THE REGION
    • 548 6 TOKYO He leaves decision on president to People's Consultative Assembly Reuters, AFP INDONESIAN President B J Habibie seemed to rule out forming a new coalition government with main opposition leader Megawati Sukarnoputri in an interview with a Japanese newspaper published yesterday. He told
      Reuters,; AFP  -  548 words
    • 273 6 JAKARTA Those that don't face legal action, warns restructuring agency AFP THE Indonesian Bank Restructuring Agency (Ibra) has warned the shareholders of three suspended banks to start settling their debts or face legal action, the state Antara news agency said yesterday. Antara
      AFP  -  273 words
    • 112 6 M lat^ lcin a or S ani sa^ on leader Abdurahman "Gus Dur" Wahid (centre) pointing to Indonesian Democratic Party-Struggle leader Megawati Sukarnoputri (left) as he th K 7 Ami€n durin Z aMl f lim mass prayer meeting at the Senayan stadium in Jakarta yesterday. Tens of
      AFP  -  112 words
    • 282 6 JAKARTA AFP HILTON International has withdrawn its services from all its Indonesian hotels citing a payment dispute with the owner, a company controlled by the son of the country's former oil king, according to reports. The Jakarta Post on
      AFP  -  282 words
    • 406 6 HANOI Reuters ONCE bitter enemies Vietnam and the US struck a landmark trade pact yesterday, moving closer to full commercial ties and signalling Hanoi's intent to integrate with the world economy. US Deputy Trade Representative Richard Fisher and Vietnamese Trade Minister Truong
      Reuters  -  406 words
    • 440 6 JAKARTA Creditors seen to attach conditions at Paris meeting Reuters CRISIS-HIT Indonesia meets its main international donors this week to ask for US$5.5 billion (559.3 billion) to $6 billion in fresh loans, and while cVeditors are expected to come up with
      Reuters  -  440 words
    • 378 6 MANILA Philippine president most defuse rising political tension Reuters A WIDOW who fought a dictator is threatening to march in the streets again, the market has fallen and the media are ringing alarm bells as Philippine President Joseph Estrada prepares to address
      Reuters  -  378 words
    • 568 7 HONGKONG It won't let cross-strait flare-up block investments, say analysts Reuters BEIJING will try to protect important economic ties with Taiwan despite an escalation of their political differences, analysts said. Taiwan businesses have invested at least US$3O billion (5550.9 billion) and perhaps up
      Reuters  -  568 words
    • 405 7 TAIPEI Basis for interaction still exists, envoy assures US emissary Reuters TAIWAN yesterday told a US emissary sent to defuse crossstrait tensions that it was committed to dialogue and pursuit of democratic union with rival China. In a sign of goodwill, Koo Chen-fu,
      Reuters; AFP  -  405 words
    • 193 7 BEIJING Reuters CHINA'S top commercial bank plans to boost lending to securities brokers, a move that would ease funding shortages and pump money into the stock markets, state media said yesterday. The Industrial and Commercial Bank of China, the largest of
      Reuters  -  193 words
  • Page 6 Advertisements
    • 264 6 Notice of a Change of Agent To the Holders of Each Issue of Bonds/Notes Listed Below NOIICh IS HEREBY GIVEN to the holders of each issue (the Issue) of Bonds/Notes listed below (die Notes) of the relevant issuer listed below (the Issuer) that with effect from 23 August 1999 (the
      264 words

  • Page 7 Advertisements
    • 106 7 OAtKiN -,-ir Bdestier Medicot Centre HHHK9KSEZ3HI PPmH k ■r FB *r JSpI! JU B I BK^f H VH Kt t 4 ■i 'f <' < .<• »> -J|| Begins Here. Key point r«\pf > r ife John Hancock Tower ■HmhWJH I jh j|Hp v ~'it:Jts~£ V t*gß:% Ji V ><y
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  • REGION/WORLD
    • 617 8 SEOUL Moves include low rates policy, injecting fluids into financial institutions Reuters SOUTH Korea yesterday announced a list of steps to restore lost confidence in its financial markets, shattered by the uncertain future of beleaguered Daewoo Group which revealed last week that it was
      Reuters; AFP  -  617 words
    • 351 8 FRANKFURT Move suggests bank may raise interest rates ahead Bloomberg THE European Central Bank is becoming "increasingly vigilant" about monitoring inflation in the euro zone economy, ECB chief economist Otmar Issing said, suggesting the bank may raise interest rates in coming months.
      Bloomberg  -  351 words
    • 497 8 SYDNEY It'll be largest share offer in country's history: minister Bloomberg THE Australian government said a further 16.6 per cent of Telstra Corp, the nation's No 1 telecommunications company, will go on sale in mid-to-late October, raising an estimated Asl6 billion (5517.5
      Bloomberg  -  497 words
    • 440 8 BOMBAY Reuters CORPORATE India's performance in the first quarter of 1999/2000 (April-March) has been mixed so far with signs of a slow recovery. Earnings of 34 companies which released their firstquarter results last week grew by an average of 16.2 per
      Reuters  -  440 words
    • 221 8 HELSINKI Bloomberg EUROPEAN Union environment ministers turned up the volume in a war of words over genetically-modified foods, indicating that companies including Monsanto Co and Novartis AG face stiffening opposition to their products. Finland, which took over the EU's rotating presidency July 1, said
      Bloomberg  -  221 words
  • Page 8 Advertisements
    • 227 8 SUSQ J AUSTRALIA sth Intake: Oct '99 Specialisation M fft •Marketing Project Management General Management Information Systems Doctor of Business Administration Human Resource Management USQ students enjoy excellent graduate placement (ratio 5 out of 5) as reflected in the 'Good Universities Guide to Australian Universities' USQ is accorded 5-Star (Best
      227 words
    • 6 8 ifj EirODAY lianhe Zaobao ma» igmMiimteKi
      6 words
    • 114 8 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN mat I. Tar See Khan of Blk 95. Yfehun Street 81. Orchid Park Tower I. #08-03, Singapore *****2, have applied for a Public House, First Class in respect of M/s Yishun Seafood Restaurant Pte lid located at 2-8, Jalan Legundi, Singapore *****5, and
      114 words

  • EXECUTIVE LIFESTYLE
    • 709 9  -  Internationally acclaimed chefs offer a gastronomic adventure at the World Gourmet Summit this week, says tan suyek TAN SUYEN The world Gourmet Summit 1999 got off to a spectacular start yesterday as Singapore chefs showed off their best and brightest talents in a welcome reception
      CHRIS LOH  -  709 words
    • 1094 9  -  Chef Jean Georges Vongerichten combines Asian and French elements to great effect By Tan Su Yen [SINGAPORE] Season with your senses. That's the enigmatic message with which celebrity chef Jean Georges Vongerichten autographs his cookbook, Jean Georges Cooking at Home with a Four Star Chef.
      CHRIS LOH  -  1,094 words
    • 821 9 MUSIC The Savonlinna Opera Festival sets opera in a mediaeval Finnish fortress Reuters [SAVONLINNA, Finland] One thing the Savonlinna Opera Festival has no worries about is scenery. Performances take place in the courtyard of the massive mediaeval fortress of Olavinlinna the
      Reuters  -  821 words
  • Page 9 Advertisements
    • 24 9 Effect after one Laughing Buddha Martini Eastsidc 01-51/52 11. Stjiuiri'on Mohamcd Sulian lei 235 041.x Aye limits and dress code applv Cocktails Sushi Wines
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  • EXECUTIVE LIFESTYLE
    • 342 10 Couple exchange vows in exclusive ceremony in Swiss town of Lausanne Reuters [ZURICH] British rock star Phil Collins married his former interpreter Orianne Cevey on Saturday in an exclusive ceremony in Lausanne, Switzerland. The couple had already taken part in a civil ceremony away
      Reuters; REUTERS  -  342 words
  • Page 10 Advertisements
    • 140 10 Where to wine, dine and (o>gs&- Enjoy delicate dim sum and a a. range of home-made soups and many more special items! recommendations. 76 Bm Buah Road, Singapore *****8 Td> 338-8333 Fax: 339-6866 Web-*ite http://wwwxarltoti.com.ig E-mail: Re»taur»nt»#C»rlton.coTn.«f Cheers I Ton night of great fun and J entertainment fe M at
      140 words
    • 136 10 «BES3finS^3Hr^&S&SKHI iii l iii» i— ijmtj&Ti i it available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Caveoagh Road. Singapore *****7 Tel: 737 9944 Fax: 733 3175 Eal All You Can comes to Captains Table in June. Just to whet your
      136 words
    • 174 10 lAHaoai WJ Ltrti t Ptminnla Hold Hon to Than: ipm-lam PMtc Holiday. spm- 2am Sun: Clostd HAFFY HOURS Singer's Hub fra«s.oopm-fOOpmWy 20% off on al Mb The Coleman s KTV Lounge is luafl promeHonJktmmml a cos y nictve °f endless fun and entertainment. With a wide KTV ROOM SKOAL f
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    • 172 10 Guest chefs from the Palm Beach Travelodge Resort at exotic Phi Phi Island in Thailand promtse to whip up a wide selection of delicious Thai disnes which will make you come back for more! All diners will also stand to win two return air tickets to Phuket saying at the
      172 words
    • 104 10 IKNtLD f \yKBSbM RESERVATIONS I 831-6258/88 fll kJ Too® RcttaursM l*rk floor sffamiUn^frsmgyKirr 333 Orchard Road. Singapore 2 ***** A Tovsfg o£ fUg R*j: ITHa July fe I s+ Auqusf, I 111. In addition to your favourite International dishes, the Marriott Cafe is now offering the authentic flavours of the
      104 words
  • Page 10 Miscellaneous
    • 1162 10 CRYPTIC CROSSWORD 8 Emperor who deserved his Hi—BH——JMB_JJHI blacklisting in Italy (4) P I I 10 9 Will loses its point badly mh U anr 10 Anger is directed at Number |11 j j 11 Fine for it to get about, within HK limits (6) 12 Such banter is only
      1,162 words

  • BUSINESS IT
    • 585 11  -  S'pore will see over US$7O million in online ad spending by 2001 By] Raju Chellam [SINGAPORE] Businesses in Asia will spend over US$l.45 billion (552.5 billion) on advertising and promotions over the Internet by 2001, compared to about US$lO million in
      Source: Goldman Sachs Investment Research  -  585 words
    • 153 11 Reuters [NEW YORK] Compaq Computer Corp's new chief executive Michael Capellas has for the last 60 days been quietly developing a new strategy for the world's largest personal computer maker, chairman Benjamin Rosen said last week. In an interview with Reuters, Mr Rosen said
      Reuters  -  153 words
    • 609 11  -  They are mostly male and IT savvy, says survey By' Toh Han Shih [SINGAPORE] Singapore ONE'S stated aim is to provide a high-speed multimedia network with which all Singaporeans live, work and play. But now, one year after the national project was launched commercially,
      609 words
    • 335 12  -  The target is to hit 9-10 per cent this year, says its chairman Hy. Andrew Wee [SINGAPORE] US-based InFocus Systems Inc hopes to boost its contribution from the Asia-Pacific region to global revenues this year, said its chairman, president and chief executive officer,
      Source: Pacific Media & C Petersen  -  335 words
    • 348 12  -  A team of 'order takers' formed to reach the non-computer users By' Toh Han Shih [SINGAPORE] A SINGAPORE firm, SBBB.com, has launched an Internet shopping mall with a difference it aims to integrate the virtual with the physical storefront. The company's target
      348 words
    • 245 12 Bloomberg [SAN JOSE, California] Komag Inc, the No. 1 maker of disks used in computer disk drives, said it will cut about 500 jobs, or 33 per cent of its US workers, in the third quarter because of falling sales and
      Bloomberg  -  245 words
    • IT TAKES
      • 52 12 A CONFERENCE on the law of doing business on the Internet will be held on Wednesday at the Oriental Hotel. Speakers will include those from the Attorney-General's Chambers, the Consumers Association of Singapore, the law firm Freshflelds and Netrust. For more information, call Clara Ramaya
        52 words
      • 39 12 GARTNERGROUP has launched a new research service designed to help CIOs excel in IT management The Wentworth IT Management Programme provides members with regular research material and opportunities for networking through events and roundtable discussions.
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      • 78 12 THE Internet and Singapore ONE have opened up to the deaf and hearing-impaired. The Singapore Association for the Deaf has signed up with ONE Learning Place to acquire IT skills. Initiated by the National Computer Board, ONE Learning Place is the official training
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      • 63 12 NIIT has launched its Microsoft Certification Online Training programme which is designed to help IT professionals obtain the Microsoft Certified System Engineer (MCSE) and Microsoft Certified Solution Developer (MCSD) qualification. Learners can pursue the training online, at their own pace within a period of one year,
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      • 45 12 GIGANET Solutions '99, a conference on Gigabit Ethernet and Asynchronous Transfer Mode (ATM), will be held on Aug 25 at the Grand Hyatt Hotel. The conference is sponsored by 3Com. Registration is free. For details, contact the organiser, IBC Asia, at *****35.
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      • 47 12 MENTOR Graphics is organising a FPGA Design Seminar Workshop on Aug 3. This one-day workshop will give users experience in using Mentor Graphics' complete language-based FPGA design flow. The event will be held at the Nanyang Polytechnic. To register, contact Felicia Chua at felicia—chua@mentor.com.
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      • 99 12 THE Business Software Alliance (BSA) has teamed up with the Singapore government to fight software piracy through an education programme targeted at schools. In a joint effort with the Singapore Trade Development Board, BSA recently launched a Web page design contest open to all schools and universities
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      • 50 12  -  Compiled by Toh Han Shih THE Electronic Crossroads, a conference organised by the Meta Group, will be held from Sept 30 to Oct 1 at the Westin Stamford Hotel. The conference will focus on managing transactions, customers and knowledge. For more information and to register, call *****19.
        50 words
    • 499 13  -  Target customers are SMEs, ISPs and telecoms carriers By' Toh Han Shih [SINGAPORE] Two Singapore technopreneurs have come up with a system that allows you to get messages whether you are on the Web or on the phone. Intelligent Communications, a company
      499 words
    • 51 13 [NEW YORK) The new Apple ißook portable computer was shown on display at the Mac World computer trade show in New York last week. The new ißook, with a base price of U551,599, weighs six pounds and is offered in two see-through colours, tangerine and
      51 words
    • 136 13 Reuters [LOS ANGELES) Computer seller Gateway Inc is not in talks to acquire a major Internet service provider, the company's chief financial officer John Todd said last week. "We are currently not in discussions with any major ISP," he told
      Reuters  -  136 words
    • 236 13 Bloomberg [TAIPEI] Apple Computer Inc's new portable ißook personal computer may help GVC Corp make a profit in the second half, the mediumsized Taiwanese computer maker said. GVC last year lost a net NT$957 million (5550.8 million), or NT$l.35 per
      Bloomberg; REUTERS  -  236 words
    • 414 13 Bloomberg [SAN JOSE, California] Hew-lett-Packard Co was cleared by a jury of claims it illegally monopolised the market for ink jet printer cartridges, and the No. 2 computer manufacturer won a US$2 million (553.4 million) verdict against a bankrupt rival in a related
      Bloomberg  -  414 words
    • 454 14  -  They risk losing business to foreign competitors on the Web: IDC analyst By' Toh Han Shih [SINGAPORE] Asian businesses must get into electronic commerce now or risk losing business to foreign competitors on the Web, International Data Corporation Asia-Pacific senior
      Source: International Data Corporation  -  454 words
    • 302 14 Bloomberg [SANTA CLARA, California) Exodus Communications Inc, which houses computers that run corporate World Wide Web sites, could begin reselling e-mail services to broaden its product line, chief executive Ellen Hancock said. Exodus is in talks to resell the services of at
      Bloomberg  -  302 words
    • 150 14 Reuters [BEIJING] Legend Holdings Ltd, one of China's biggest computer makers, last week unveiled a full line of products to power local area computer networks for the small but fast-growing domestic market. At a product launch in Beijing, Legend chairman Liu Chuanzhi opened the curtain on
      Reuters  -  150 words
    • 595 14  -  By Chiam Ta Fuh The writer is business critical services programme manager, Compaq Computer Asia-Pacific ON JUNE 14, a computer fault at the Stock Exchange of Singapore halted trading for half a day. Since May, a major glitch in the Nets system caused many
      595 words
    • 553 16 Caution partly because of the Y2E problem Bloomberg [SEATTLE] Microsoft Corp executives repeated their warnings of slowing growth at the world's biggest software maker as sales of personal computers and software weaken, in part due to concern about the Year 2000 bug. Chief financial
      Bloomberg; REUTERS  -  553 words
    • 319 16 Bloomberg [TAIPEI] Via Technologies Inc, the world's No. 2 computer chip set maker, will sue Trident Microsystems Inc for US$2 billion (553.4 billion) after Trident sued Via for fraud, breach of contract and patent infringement. "(Trident's suit) seriously undermines our clients
      Bloomberg  -  319 words
    • 300 16  -  Market for certifications services, software to hit USsl.sb in 2002 By. Andrew Wee [SINGAPORE] Almost 80 per cent of enterprises will begin to use digital certificates to conduct secure e-commerce transactions between now and 2003, according to a study released last
      300 words
    • 907 17  -  A seminar by MIT Prof John Donovan is as dynamic as the Net-based strategies he promotes, kemmeth james finds KENNETH JAMES PROJECTED onto the large screen onstage is the Web page of a major Singaporelisted engineering company, beamed "live" over the Internet to this
      907 words
    • 435 17  -  By Kenneth James ACCORDING to his bio-data, Prof John J Donovan "has had careers in academia, medicine, government and business". It's an understatement that the English, a favourite target of the good professor's wit, would be proud of. The thousands of business leaders and senior
      435 words
    • 287 18  -  It will offer LAN and WAN products and server solutions By. Raju Chellam [SINGAPORE] Intel Corp has introduced the Intel Internet Service Provider Program, a global initiative to provide ISPs (Internet Service Providers) and value-added resellers (VARs) with a variety of In-ternet-tailored products
      287 words
    • 781 18 While many will be busy celebrating at midnight on Dec 31 this year, most IT personnel may have to man their offices in case the Millennium Bug wreaks havoc to their computers Washington Post [WASHINGTON] EVERY Dec 31, Gene Troxell, his wife and
      Washington Post  -  781 words
    • 771 18  -  By\ Matt Richtel New York Times PfPALO ALTO, California] Along with 10,000 other lucky souls, I recently received a brand-new personal computer for the low, low price of nothing. The only catch is, it is trying
      New York Times  -  771 words
    • 374 19  -  Smart Mail to focus on exact customer needs for mass mailing By Justyn Olby [SINGAPORE] Homegrown DigiPrint Pte Ltd is offering the latest in direct mail advertising, as well as a proofing service using the Internet so that customers have even greater control
      374 words
    • ON THE SHELF
      • 57 19 SINGAPORE-BASED Zenith Computers is offering a series of low-cost PCs at rock-bottom prices. Zenith said PCs running on Intel Pentium 111 450 MHz processors retail from $1,799; on Pentium ***** MHz from $999; on Intel Celeron 400 MHz from $888; and on AMD K6-2 with 3DNow!
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      • 76 19 MAXTOR Corp has announced the Diamond Max Plus 6800 hard disk drive (right) that brings server-class features to the desktop. It offers 6.8 GB per disk platter, features an average seek time of less than nine microseconds and the UltraDMA 66 interface. Maxtor said the drive
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      • 76 19 HEWLETT-PACKARD Singapore has introduced two new personal workstations under its Visualize brand. The Visualize PL4SO and XLSSO (above) will ship with the Linux operating system next month, and come with 128 MB RAM, 9 GB Ultra-wide SCSI hard drive and Elsa Gloria Synergy+ graphics. The P450 runs
        76 words
      • 60 19 3M SUBSIDIARY Palm Computing Inc said it would ship the Palm lIIx organiser with "Documents To Go" software from Datavixlnc, as a promotional sale in Singapore. The software, which will be bundled free, allows users to read documents created by popular word processing and spreadsheet
        60 words
      • 82 19 IBM Singapore has tied up with Click Net Software Corp to offer Click Net Y2K, a tool designed to assess the year 2000 readiness of PCs. The software database tracks information provided by software vendors with over 15,000 applications and can be accessed online. IBM said
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      • 67 19 CANON Marketing Services has launched Power Shot A5O (right), calling it the world's smallest and lightest digital zoom camera in the megapixel (one million pixel or more) range. The 1.31 million-pixel device weighs 260 grams, comes with a 2.5 x zoom lens, two-inch colour LCD display,
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      • 74 19  -  Compiled by Raju Chellam COMPAQ Computer said it would offer the Elsa Synergy II graphics controller and the 3Dlabs Oxygen GVXI graphics controller on its lines of Pentium 111 and Pentium 111 Xeon-based Professional Workstations. These lines complement the portfolio of graphics solutions for the Professional Workstation
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    • 101 19 Reuters [BANGALOßE] India's computer software industry has outperformed other sectors during the first quarter of 1999/2000 (April-March) but the outlook is mixed, analysts said last week. "Barring a few companies our overall valuations (for the industry) are not very good," said Rajesh Iyer, analyst
      Reuters  -  101 words
    • 364 19 Cox News Service [DAYTON, Ohio] One of the great things about digital cameras is that they have little view screens that let you immediately see the shot you have taken. Digital camera users do not have to wait for the prints to
      Cox News Service  -  364 words
    • dot com
      • 921 20  - Listen up Net telephony ready for prime time This low-cost high-quality alternative is suitable for even businesses, say industry players By' Toh Han Shih INTERNET telephony is ready for prime time and not just for individuals. Even businesses can begin to look on it as a low-cost, high-quality alternative to
        ARTHUR LEE  -  921 words
      • 475 20  -  By, Justyn Olby JOB seekers can take advantage of a new service being offered in Singapore and around the region, at www.jobsdb.com. The premise of Jobs DB Singapore is simple create a place where people looking for jobs and companies looking for people can
        475 words
      • Briefly.com
        • 76 20 ONLINE auction sites are a booming business but they can be tiresome to set up and launch. If your business could benefit from such a site, Fair Market Inc may be able to help. Internet.com describes them as "one of the leaders, if not the leader in
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        • 86 20 TIRED of having to read multiple sites just to get the news you want? Well, the folks at the ZineZone have the answer. Your own personalised e-zine complete with articles trawled from their own archives or from the Web. You can select the areas
          86 words
        • 105 20 THE eGuide site describes itself as "the most flexible Web directory around". They do seem to have a wide range of information and services available. These include areas such as a product search engine, a relational database and miscellaneous information including COE prices, 4D results and
          105 words
        • 70 20 FOR those who just can't wait to start celebrating Singapore's birthday, the National Day Parade has its own website. Among a range of exciting features are songs, greetings, news updates and, of course, the programme. Write your own message and post it online or take part in
          70 words
        • 63 20 THE first payphones to offer Internet access have been installed at Waterloo station in London. While the service is currently 10 times more expensive than surfing at home and six times more expensive than most cybercafes, British Telecom hopes that they will be a success. They
          63 words
        • 73 20 FOR golfing enthusiasts, there is a comprehensive site covering the golf world. The site is replete with golf news and other areas such as video interviews with industry leaders and professionals. There are travel reports, course news and new equipment reports. It even has online golf lessons
          73 words
        • 65 20  -  Compiled by Justyn Olby WORRIED about your online security? This site has an extensive FAQ page to help answer your burning questions on the issue. Covering a wide range of topics from general information to client side security it should i be able to give you useful pointers
          65 words
  • Page 11 Advertisements
    • 104 11 00:01 Ist of January 2000 What is it going to be i n H| W f Jfmmf Concorde axapta Software for the new Implementation under r Flexibility adaption workflows. |3i COLUMBUS >fe Hft F^ it n->>■*- r> or IBM Business Partner IBM >s a registered Microsoft* ==S2?.' ifjmil r 3
      104 words
    • 303 11 For all you power hungry IT professionals, it's feeding time, mi ready for a where you can the Microsoft I* the definitive conference for developers and technology planners In Between September Singapore International Convention A Exhibition offers an menu Operations Developers Hands-on Workshops For five whole days Microsoft Tech.Ed allows
      303 words

  • Page 12 Advertisements
    • 409 12 Where can you get great deals on superb power-packed switches? Think 3Com. It's no secret that 3Com's Super Stack" II switches provide reliable and cost-effective networking The Super Stack II Switch 630 solutions for enterprises of any size. What you may not know is that right now, we're offering you
      409 words
    • 3 12 Strait Talk SIIIPPINGTIMES
      3 words

  • Page 13 Advertisements
    • 784 13 555w%/AT£/?A'Et commerce THE ENTERPRISE Expo September 1999 ra.' ~JT JP^l Enrol now to attend ICe. Conference Call Ellen at 346 6811 or email: ellen&idgexpo.com.sg Register before 1 September 99 to save hundreds of dottwsl Yes, lam interested to attend tCe. Send rr»e information on W- 1 Tutorials ,A mm^l *-v">
      784 words

  • Page 14 Advertisements
    • 253 14 MillwsSM jf. MMjtuntk Jf Jm Am m J K ■r S B^. give you the Proßusiness Plus Package. We believe that your business can take off in the Internet age only if you are with the Sing Net gives you: right partners. Sing Net, Singapore's No. 1 Internet choice, and
      253 words

  • Page 15 Advertisements
    • 868 15 **> Come along to the IBM Solutions for Network Financial Institutions Seminar and discover the latest spL >#- Vi developments in this rapidly changing sector. r world of finance is changing at a frightening rate. Long gone are the days where hankers could sit back, hand out the odd mortgage
      868 words


  • Page 17 Advertisements
    • 178 17 Pentium S $12,888 no (incl gst) intel* pentium* 111 warranty (parts and labour) nt servers built on mainframe-inspired availability a processor 550 mhz extend the warranty for a one technologies you won't find in any other J? I jS with 512kb or time payment of $288 and for more information,
      178 words

  • Page 18 Advertisements
    • 263 18 ACTUALSIZE I W«*W \Cllk! »i The CUk!~ PC Card drive and 40MB disks J 5349 for the drive Gnduding 1 disk) |te and $17.90 per additional disk* I The amazing Clik!™ PC Card drive and 40MB disks. Tiny notebook storage that goes a long way. We've just changed the future
      263 words

  • Page 19 Advertisements
    • 132 19 More connected. Steven Yip Regional Sales Manager 7:00 p.m. still in the office. Better call the restaurant to hold my table. I'm scheduling business trips for this quarter, and a quick holiday -1 need it! Mote to myself on mortgage investments. Buy flowers for PA's birthday, schedule London meeting Synchronize
      132 words


  • COMPANIES & MARKETS
    • 811 21  -  INTERIM BARKINGS REVIEW: PROPERTY Test for investors is whether improvement can carry into future years By\ Lee Han Shlh [SINGAPORE] Listed property companies are expected to announce better interim results over the next few weeks, but whether they can sway savvy investors will depend
      811 words
    • 967 21  -  Other giant firms most also move to sell off assets and address debts By Eddie Toh Foreign analysts have given Malaysia credit for the speed with which it moved to address the bad loans crisis in the banking system. But questions have
      967 words
    • COMPANIES
      • 752 22  -  INTERIM EARNINGS REVIEW: HOTELS Despite pressure on room rates, results expected to improve as occupancy rises By] Rahita Elias [SINGAPORE] LISTED hotels are generally expected to do better this year, although room rates still face pressure from intense competition. Yeo
        752 words
      • 149 22 IPO WATCH THE initial public offer of Sesdaq aspirant Strike Engineering will be launched today and is likely to comprise 42.5 million shares priced at 19 cents each. This is expected to represent a price-earnings multiple of 6.1 times, according
        ARTHUR LEE  -  149 words
      • 321 22 Bnt public tranche of 28.6 m shares priced at 551.071 each [SINGAPORE] Del Monte Pacific Ltd (DMPL), a Philip-pines-based producer and distributor of food products, is offering 285.8 million shares at US$O.63 each in its initial public offer here launched
        321 words
      • 577 25 Sale in London and on Nasdaq today will raise np to £1.5b Bloomberg [LONDON] Its product is free and the company is unprofitable but its stock offering is set to be a hit with investors. Welcome to the Internet
        Bloomberg  -  577 words
      • 379 25 World's No 1 stock market hopes to list by late November Reuters [NEW YORK) The New York Stock Exchange, the world's largest stock market, hopes to go public by late November, taking advantage of what may be the longest running bull
        Reuters  -  379 words
      • 397 25 Move siimed at warding off hostile bid from Total Bloomberg (PARIS) Elf Aquitaine has abandoned plans to slash 1,300 jobs in France, the first sign that Europe's No 5 oil producer may be prepared to enlist union support in its attempt to
        Bloomberg  -  397 words
    • REGIONAL COMPANIES
      • 313 23 Arrests are latest in move by watchdog to crackdown on breaches of law Bloomberg [KUALA LUMPUR] KFC Holdings Bhd managing director Ishak Ismail and Abrar Corp executive chairman Wan Muhamad Hasni Wan Sulaiman have been charged by Malaysia's securities regulator in the
        Bloomberg  -  313 words
      • 412 23 Bigger banks may not see GEM's issues as cost effective Reuters [HONGKONGJ Smaller investment banks may stand to gain market share via Hongkong's Growth Enterprise Market (GEM), its new second board, as major players may not view GEM's smaller issues as cost effective.
        Reuters  -  412 words
      • 649 23  -  Portfolio down 2.8%, led by China, Taiwan, HK stocks Wong Wei Kong [SINGAPORE] A technical correction and political tensions between China and Taiwan combined to pull down the BT non-Singapore dollar portfolio last week, but the selection still managed to outperform the broad market. The
        Source: Datastream  -  649 words
      • 303 23 Bloomberg, Reuters [SEOUL] Samsung Electronics, the world's No 1 computer memory chipmaker, beat expectations with a record first-half profit due to rising margins on computer chips and flat panel displays. Net profit jumped almost nine-fold to 1.34 trillion won (Ssl.BB billion) in the first
        Bloomberg,; Reuters  -  303 words
    • FINANCE & COMMODITIES
      • 483 26 US regulator set to approve similar requests from other exchanges soon Reuters [WASHINGTON] The Commodity Futures Trading Commission on Friday cleared the London International Financial Futures and Options Exchange to start placing its electronic trading terminals in the United States. The
        Reuters  -  483 words
      • 344 26 3-way merger plan by BNP won't win, says Levy-Lang Reuters [PAßlS] Paribas chairman Andre Levy-Lang said in an interview published at the weekend that he did not believe a three-way bank merger proposed by BNP would see the light of day.
        Reuters  -  344 words
      • 158 26 Reuters [BOMBAY] Citibank India said yesterday that Nanoo Pamnani will take over as chief executive officer on Aug 1. Sujit Banerji will on the same day take over as head for Global Corporate Investment Banking for India, Sri Lanka, Bangladesh and Nepal, the bank
        Reuters  -  158 words
      • 195 26 Reuters [LONDON] Britain's largest life and pensions group Prudential Pic is seen posting a near 20 per cent fall in profits because of hefty restructuring costs and more start-up losses from its Internet banking unit Egg. But analysts said the market
        Reuters  -  195 words
      • Article, Illustration
        1861 26 PRIME LEWDDIO RATES BANKS ABN Aniro Bank NV 5 V. ABSA Bank limited 6 1 Agricultural bank Of China 6 ANZ Banking Group 6Vi Allied Irish Bank PLC 5 American Express Bank 6 Arab Banking Corp 7 v« Arab Bank PLC 5V* Asahi Bank Ltd 6V» Ban Hin Lee Bank
        1,861 words
    • COMMODITIES & FUTURES
      • 567 27 SIMEX Weeklyßoundup THE new week will see currency investors looking for signs that the apparent sea change seen in the G3 units last week will show signs of sustaining. The US dollar may struggle to find support from more favourable interest rate spreads after
        Source: Simex  -  567 words
      • 830 27 COMMODITY Weeklyßoundup AFP [LONDON] Oil prices slipped back last week amid growing fears that Venezuela will seek to take advantage of the recent rise in crude prices and increase its export levels. After edging above the US$l9 mark to touch a 20month
        AFP; Source: Bloomberg  -  830 words
    • 1860 27 SICOM FUTURES Jul 23 RUBBER (futures cfostng is it SJOpm) RSS1 CONTRACTS aib/kft Close Volume Open Month High Low Sett (tonnes) Interest Aug 99 93.00 100 300 Sep 99 95.75 900 Oct 99 98.00 300 No* 99 99.50 300 Dec 99 101.25 300 Jan/Mar 00 104.25 300 RSS
      1,860 words
    • MARKET REVIEWS
      • 289 28 LONDON THE London market crashed lower in the wake of its dominant US counterpart last week, as dealers pondered the twice-yearly speech from the Federal Reserve chairman Alan Greenspan to the US Congress. The FTSE 100 Index of leading shares fell by 5.4 per
        289 words
      • 556 28 NEW YORK Stocks fell because investors won't pay high P/E multiples as interest rates rise Bloomberg THE rally that propelled major US stock indexes to records stalled last week, even as second-quarter earnings came in better than expected. The reason: Federal Reserve
        Bloomberg; FILE PHOTO  -  556 words
      • 430 28 TOKYO Any drop in buying by foreigners will also impact market Reuters TOKYO'S benchmark Nikkei 225 Average is likely to trade around present levels this week, largely depending on the direction of US stocks and interest rates, and on the level
        Reuters  -  430 words
      • 333 28 HONGKONG Reuters HONGKONG stocks are expected to consolidate this week on lower volumes, with investors keeping an eye on China-Taiwan developments, trends in regional currencies and company results. "A sentiment-driven market is very difficult to gauge, but I think we'll see some
        Reuters  -  333 words
      • 890 28 n Sydney +1&B THE onset of Australia's corporate reporting season is set to provide support for the share market this week with inflation data on Wednesday expected to be benign, analysts said. The All Ordinaries index gained 15.8 points over the week to close at 3,070.2. "As
        890 words
      • 1969 28 Qrarii -***** PARIS stocks closed down more than one per cent on Friday, hit by profit-taking on the last day of the monthly account, with the CAC-40 accelerating its losses in the last hour of trade after Wall Street shed early gains. The CAC-40 Index ended down
        1,969 words
    • KUALA LUMPUR STOCK MARKET
      • 495 29 AFP Q Composite Index -34.78 THE Malaysian bourse is expected to consolidate further in the coming days after plummeting 4.1 percent last week, analysts said. The KLSE Composite Index plunged 34.78 points to end the week at 808.34. The Second Board Index lost 11.68 points
        AFP  -  495 words
      • 9039 29 INDUSTRIALS Consumer products i«9 Last Vol "«> Nat Cap Miqh Loo Company Sale OOO Hlqh Low P/t $mll ■•40 255 Ajinomoto 364 6 35 376 364 23.1 147 5 174 46 Anqkasa 139 -20 2792 160 134 205.0 404 220 Apollo Food Hlq 368 2 303 386 360 12.8 147.2
        9,039 words
    • WARRANTS & OPTIONS
      • 2775 30 Week ended Jul 23 I BONDS. LOANS WARRANTS m 52-Wk Last Vol «H» Lilt Ouote A»« High Loo Stno Company Solo *or- COOOt High Low Buyer SeMer frit* KM 3 3)60 "Acer ******1 USS 45 -7 3638 59 5 41 45.5 49 80 4.5 3164 Ac ma ******4 36 -15
        2,775 words
      • 200 30  -  WARRANT WATCH By R Sivanithy FOR those looking to expand their portfolios beyond the local market. Malaysia looks like a good bet. Like many others in the region, the market there is still a long way from its all-time high. One way to capitalise
        200 words
      • 240 30 HONGKONG STOCKS Or Or 52-Wk LMt VI Rot Lart Oust* Dtv Otv YM N*< M Cm High Low $tn» Company 5*a rOOO) H>fh L— Buyr Mlm Cw >/I $m« 365 173 5123 COL (2000) H* 315 *15 64 330 310 240 310 8 3.7 2 5 10.7 *****
        240 words
    • 6614 31 Week ended J til 23 I Gr Or M Mt 52-Wk Last Vol Wee* Last Ouote 01* 01* VM N*< C«« Avg High Low StNo Company Sala ('000> High Low Buyar Saltar H C'»r P/C SmH Price MULTI-INDUSTRY 182 17.5 m D 1000 Acma
      6,614 words
    • 1418 31 Or Or m Wt 1998 Last Vol *Ht Last Owl* Dtv D«y VM Nat Cap Avg High L— StHo Cgjgj tm COOO) High L— Buyer fw W $m6 Wo tfANUFACTUMM 218 30 C 2049 AS Auto 10c 165 -4 418S 163 1SS 164 16S 10 N 0.6 166.4 (74
      1,418 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        477 32 Stadu Vata— Asia FoodSProp 181,596,000 Hotting Inv NT5 152,145,000 Golden Agri US10c 134,769,000 IPCCorpn 5c 94,945,000 *Gentlng Int 91,429,000 Eagle Brand Hldgs HK75c 61,394,000 hOm5c 61.179,000 GES Intl Ltd 20c 54,713,000 ICTHKKk 52.624,000 DragonLand 10c 52,567,000 StadB > SPH 323,404,647 SIA Foreign 168,532,605 0«S Foreign 150,661,774 *TanChonglnt50c 119,232.450 DBS Land
        477 words
      • 632 32  -  TMH WHHK OHBUn With the interim reporting season ahead, it's hoped that if companies release decent numbers, the rot in the market might stop By R Sivanithy EARNINGS. It's perhaps the single most important determinant of stock prices (at least in the
        632 words
      • Article, Illustration
        88 32  -  -By Ven Sreenivasan US dollar quoted Eagle Brands has found support at current levels and looks poised for a rebound. The RSI is deep in oversold territory while the other technical indicatiors show a turning point with the stock set to clamber back past the US 35 cents
        88 words
  • Page 21 Advertisements
    • 367 21 INVITATION Inviting buyers, buying agents, purchasing managers from department stores, supermarkets, hotels, restaurants, galleries, retail stores, antique stores, boutiques, wholesalers and importers exporters to HALL 3, WORLD TRADE CENTRE visit our Indonesian Products on Thursday, s august 1999, Friday, exhibition and display at 6 AUGUST 4 Tuesday, 10 august, caiiiuimuii
      367 words
    • 407 21 Inaugural ACT(S) NUS Seminar Tuesday, 10 August 1999 Canning Padang Rooms Westin Stamford Westin Plaza Hotels FHifiililfiUAllllsP 3:45 pm PANEL 2 "Can EVA Pradict Company's Parformanca?" 8:30 am Registration Chairpersons: 9:00 am WELCOME ADDRESSES Or AnVila Koh Aaaoc Pro# Hum Sin Hoon Associate Professor, Dept of Finance and Dean, Faculty
      407 words

  • Page 22 Advertisements
    • 993 22 Is This Your Family's Ticket To Financial Independence? Putting your 10-year-old to work? Surely there's a better way to prepare for your financial future. At The Breakthrough Group, we provide you with the global and professional support for all your insurance, investment and retirement needs. So you get the customised
      993 words
    • 414 22 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 ***** NOTICE IS HEREBY GIVEN that I, CHUA SIN of BLK 231 Simci St. 4 1-122 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Dai Shing Mini-Mart located at Blk 601 A Jurong West
      414 words
    • 141 22 l 1 r?7\ THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sinee 197S our worldwide staft of over multi disciplined professionals including lawyers, chartered accountants, chartered se< retaries and bankers have provided TMM confidential and cost effective company formation in all the ma or low ta< areas Incorporation Fees
      141 words

  • Page 23 Advertisements
    • 139 23 ,-,V >V V ".i ;-Vv r; > x 1 V .-w .''J?/> 1 V^'.' r v v r- .1' >•_ •t'V*;— v- >J 'V v< i J ■<••*■' Yv V-"*VV i- V -Jtf i £>' IV v < £> El <x> O.K. Good Excellent Outstanding HSBC. Its a sure sign
      139 words

  • Page 24 Advertisements
    • 223 24 STMicroelectronics. J Winner of the 1999 Winner Singapore Quality Award For Business Excellence '99. i 'jM y jft STMicroelectronics, our stafF have made Total Quality and Environmental Management (TQEM) a philosophy and a corporate culture to be embraced without reserve. And it is because of their dedication and commitment that
      223 words

  • Page 25 Advertisements
    • 428 25 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298J NOTICE IS HEREBY GIVEN that I, LIMAH PAW of Apt Blk 347, Clcmenti Avenue 5 *10-66 Singapore *****7, have applied for a Retail Liquor Shop Licence in respect of M/s Xin Rong Minimart located at 60 Jurong Road -Track
      428 words
    • 1778 25 DANSKE BANK BALANCE SHEET PROFIT AND LOSS ACCOUNT at December 31,1998 for the Accounting Year 1998 1998 1997 1996 1997 DKrm DKrm DKr m DKrm ASSETS Interest income 27,533 23,829 Cash r\ hand and demand deposits Interest expense 20,244 17,312 2 784 2 555 Net interest income 7,289 6,517 Due
      1,778 words
    • 128 25 UPWARD BUILDING ENGINEERING (PTE) LIMITED (Incorporated in the Republic of Singapore) NOTICE TO CREDITORS OF MEETING Notice is hereby given, pursuant to Section 296 of the Companies Act, Cap. 50, that a meeting of the Creditors of the above-named Company will be held at 336 Smith Street #***** New Bridge
      128 words

  • Page 26 Advertisements
    • 986 26 Svenska Handelsbanken (Incorporated in Sweden) Singapore Branch: 65 Chulia Street, #21-00 OCBC Centre, Singapore *****3. Telephone Int: 65-*****00 Telex: RS ***** SHBSIN Telefax Int: 65-*****09 General Manager: MAJ-LISS OLSSON Balance Sheets 31 December Profit and Loss Accounts 1998 1997 1998 1997 ASSETS SEK M SEK M SEK M SEK M
      986 words




  • Page 30 Advertisements
    • 32 30 HH Personal Finance •Unit Trusts •Property V •Stocks Epicure •Style f •Motoring •Travel Every Friday T executive in THE BUSINESS TIMES. Y /j~fs) M-f/1 [(S) A must-read J for your long weekend.
      32 words

  • Page 31 Advertisements
    • 109 31 "My watches are a hundred years behind the times A certain feeling of unrest keeps me going. I Jon simply want to make watckes, I want to continually improve tkem. j is means notkmg less tkan bringing tkem up to tke same standards of tecknical perfection and precision; tke same
      109 words
    • 18 31 The Straits Times Classified Where "3t by advertising' Sa~ y^ ur g^^ge Buy h. Sell h. Find It.
      18 words

  • Page 32 Advertisements
    • 349 32 NOTICES To advertise call toll-line 1800-741 1883 Fax No 741 1298 i^————————M——-——i I 1 u NOTICE IS HEREBY GIVEN that I, LEE CHON WAH of Blk 7 Fairer Road #03-09 Tulip Garden, Singapore *****9, have applied for a Retail Beer Shop Licence in respect of M/s Viking Hotdogs Pte. Ltd.
      349 words
    • 328 32 DBS investor Online. You ve reacl about it. now hear us on Newsßaclio 938. Mon Fri. from 8.22a.m ©DLiSBANK NOTICE IS HEREBY GIVEN that I.THAM HEI CHOONG, of Blk 735, #12-35, Jurong West St 75, Singapore *****5, have applied for a Beer House, Second Class Licence in respect of M/sTopwin
      328 words
    • 323 32 ft* 0* 5& «QnonnrlQll. _M,. NOTICE IS HEREBY GIVEN that I, Chay Chcow Kuang of 145, Scrangoon Ave 3 #17-06, Singapore *****2, have applied for a Beer House (2nd Class) in respect of M/s Mouth Kitchen (Paya Lebar) Pte Ltd located at No. 10 Eunos Road 8, #81-11 Singapore Post
      323 words
    • 529 32 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER St) PURSUANT TO SECTION WXDQ) AtaGenenl Meeting of KOIZUMI KOOYO (S) PTE LTD duly convened and held at 13S Cecil Street #15-00, Cecil Court Singapore *****8, on 23 July 1999 the following resolutions set out below were duly passed SPECIAL RESOLUTIONS a)
      529 words
    • 33 32 "Cats' Mews in Sunday Classified of interesting courses for people of all ages. Other than ray own interests, I keep a look out for those that will enrich my son's development" Awn Tim,
      33 words

  • SHIPPING TIMES
    • 319 33 Contributed by Simpson Spence Young IT has been a quiet week in terms of sales with nothing at all to report in the dry bulk sector. There are however said to be various on-going discussions on the capesize bulkers United Respect (149,000/89) and Aberous (149,000/92). Also the handymax
      Contributed by Simpson Spence & Young  -  319 words
    • 409 33  -  US firm to merge with Maersk to form mega container shipping line Byl Marcus Hand [SINGAPORE] AP Moller, the world's largest private shipowner, is to buy US container shipping line Sea-Land Service for US$BOO million (551.35 billion) from CSX Corp, creating a
      409 words
    • 41 33 [SOUTHAMPTON, England] Captain Mickey shows off the Disney Wonder after it arrived in Southampton. The ship is the second ship from Disney Cruise Lines and weighs in at 83,000 tonnes, 32.2 metres wide and 293 metres long. REUTERS
      REUTERS  -  41 words
    • 199 33 AFP [LOS ANGELES] The ports of Saigon and Los Angeles finalised a "sister port" relationship, the first tie between US and Vietnamese ports aimed at improving trade relations. The sister port relationship is Saigon's first with a US port and Los Angeles' first
      AFP  -  199 words
    • 340 33 Bloomberg [TOKYO) Japan's shipbuilders will probably have to merge if companies such as Mitsubishi Heavy Industries Ltd and Kawasaki Heavy Industries Ltd want to remain competitive, said Toshio Kamei, the head of the Shipbuilders' Association of Japan. The comment comes after Japan's Ministry of
      Bloomberg  -  340 words
    • 608 33  -  UMER SCENE By: David Hughes SO all the speculation is over. Denmark's AP Moller group has bought US liner shipping giant Sea-Land. CSX corp, Sea-Land's parent company, will hold on to a domestic shipping operation and certain port terminals, including that at
      608 words
    • SHIPPING NEWS
      • 386 34  -  Injunction fails to stop protests against Japan-bound ships Report shy David Hughes in London THE shipping of plutonium from Europe to Japan by UKbased Pacific Nuclear Transport (PNT) is being fought by environmental organisation Greenpeace. PNT, a subsidiary of nuclear reprocessing company BNFL, obtained
        386 words
      • 241 34 THE UK's Foreign Office has not yet backed down over its request that Liberia's permanent representative at the International Maritime Organisation (IMO), Gerald Cooper, leave the country. Direct telephone talks between the UK's Foreign Secretary Robin Cook and Liberia's Foreign Minister Moni
        241 words
      • 141 34 PHILIPPINE non-classed coastal shipping has a new National Safety Code, thanks to the combined efforts of Lloyds Register and the Philippine Maritime Industry Authority (Marina). Agustin Bengzon of Marina thanked Lloyds Register, saying: "Marina greatly appreciates LR's responding to our request for assistance in
        141 words
      • PORT Shots
        • 139 34 THE Federated States of Micronesia (FSM), Pohnpei, Kosrae, Chuuk and Yap in the south Pacific, take minor offences very seriously. The Swedish Club reported that a vessel bound for South Korea from Papua New Guinea developed engine problems and had to anchor within Chuuk territorial waters
          139 words
        • 129 34 STANDARD Steamship's proposed merger with Britannia P&I club suffered a surprise collapse after a meeting of Britannia's board. The club's shipowner members caused considerable shock in the P&I world by rejecting the proposal, which would have created a super-mutual. Earlier, John Rowe, chairman of Charles Taylor, which
          129 words
        • 78 34 THE annual general meeting of the London-based Baltic Exchange was told the board of directors were again looking for a solution to the long dispute between shareholders and members. Chairman Hugh McCoy said: "The Board perceives that there exists a potential divergence of interests between
          78 words
        • 92 34 MUTUAL P&I insurer the London Club has settled the US$2.3 million (553.9 million) claim for compensation for the deaths of the 23 Chinese crew members of the Hongkong-owned bulk carrier Cheung Son, which was attacked by pirates after sailing from Shanghai on Nov 13,1998. A number
          92 words
        • 82 34 POOR freight markets contributed to a decline in tonnage entered with the London Club from 25.88 million gt to 24.37 million gt, but the club stressed its financial strength, citing rating agency Standard Poors recent 'A' assessment, up from 888 last year. During the 1998/99 underwriting
          82 words
    • 319 34 PACE ESP Lines 12 ANL 3 Evergreen 6 AASCO 12 foongSun 8 Accord 8 '3 Ahrenktel 14 W Links 14 Appenship 5 G Link 4 Austral 8 Cenwitrins 6 Avant 14 Genshpg 14 B'tang Mas 8 Glory Nav 14 BSA 7 HaiSunHup 12 BTL 14 Hangli 7
      319 words
    • 20796 41 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number W/08 10/09 NYK CSAV SANTOS 0T1N 65-*****23 To ABIDJAN (ABJ) 2003 Cote O'lvolre io/os 23/09 nyk CSAV santos oiin 65 *****23 03/06
      20,796 words
    • SHIPS IN PORT
      • 502 47 Voy No Berth Arrival Departure Jr»M Part -low 924WD JM 25/07/11:00 Tim&ef Mates 4 JOS 25/07/20:00 26/07/12*0 Bt R8 3298 1299 J01 26/07/8:00 26/07/12:00 Bt Wij ****** JOl 26/07/8:00 26/07/14:00 Spc Capficcx *****9 J12 26/07/8:00 26/07/19:00 Yamato Frt-99 J12 26/07/8:00 26/07/23*0 Pu 2507 1907 J» 26/07/8:00 27/07/8*0 Dong
        502 words
      • 1889 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From AclMvw 693 21/0(00 U 25/1500 25/1659 25/1*00 n 25/1500 25/1659 25/1900 2A 25/1700 26/0659 26/0900 29 25/1700 26/0659 26/0900 3 26/0700 26/1159 26/MOO 4 26/1200 26/1459 26/1700 fellMa «S 27/M00
        1,889 words
      • 194 47 Aug 2 Ireland-Republic Of: August Holiday. Aug 9 Singapore: National Day. South Africa: National Women's Day. Anf 12 Thailand: HM Queen's Birthday. Ang 15 Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg: Assumption Day. Ang 17 Indonesia: National Day. An* 29 Philippines: National Heroes Dav. An*
        194 words
      • 787 47 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem Market movements are indi cated The Cockett Bunker Price Index
        787 words
      • 529 47 Carlton 180 Max 990.4 8.1 17S 0.10 78 0/F Jul 22 Density Water IhMn Ask Aluminium Sediment No above E2S 0 2 3 0 0 1 TTT" 380 Ave 986.5 0.4 14.2 0.07 39 0.02 Cum 380 Mai 1005.0 22 20.8 0.14 235 0.08 MAf3 m/u
        529 words
    • AIR & LAND TRANSPORT NEWS
      • 352 48 Increase partly due to failure of Federal Aviation Administration to address problem Bloomberg [WASHINGTON] Airliner near-misses on US runways rose 11 per cent last year, partly because of the Federal Aviation Administration's failure to put a complete plan in place to address
        Bloomberg  -  352 words
      • 250 48 Bloomberg [BRUSSELS] Deutsche Lufthansa AG and Scandinavian Airlines System denied their European alliance was threatened and criticised outgoing European Union Competition Commissioner Karel Van Miert for hinting the airlines may have trouble again winning EU approval in 2005. Lufthansa and SAS, as
        Bloomberg  -  250 words
      • Article, Illustration
        73 48 [SAO JOSE DOS CAMPOS, Brazil] US airline Continental Express president David Siegel kisses the tip of a ERJ-135, 37-seat jet aircraft manufactured by Brazilian jet maker Embraer and rolled out for delivery in Sao Jose dos Campos. The company became the launch customer for the model, the price
        REUTERS  -  73 words
      • 185 48 AFP [PARIS] One European flight in three was delayed in June by an average of 29 minutes, the International Air Transport Association (lATA) said Friday. Congestion of the continent's airspace and problems in the air traffic control (ATC) system, plus the
        AFP  -  185 words
      • 290 48 [MUSCAT] Oman Air is considering acquiring new aircraft to bolster its operations following positive financial results in the first half of 1999, a company official said. "We are considering acquiring more aircraft for chartering operations," one official said, without giving any figures. The official
        290 words
      • 191 48 Reuters [AMSTERDAM] Amsterdam's Schiphol Airport said that passenger traffic had risen 6.7 per cent in the first six months of 1999. A total of 17.1 million passengers travelled to, from and via Schiphol in the six months. In June, passenger traffic
        Reuters  -  191 words
      • 388 48 It is willing to install a synagogue in lower deck of its A 330 and 1340 planes AFP {TOULOUSE, France] The European aircraft manufacturer Airbus, long battling to sell planes to Israel's state carrier El Al, has offered to equip the
        AFP; REUTERS  -  388 words
      • 424 48 Bloomberg [BRUSSELS] Virgin Express Holdings pic, Europe's sec-ond-largest low-fare airline, said it is considering setting up a second hub in Paris next year to tap France's underserved market for low-cost carriers. Virgin Express, controlled by Richard Branson's Lon-don-based
        Bloomberg  -  424 words
      • 1940 48 OTY FU6HT ETA FU6HT CIS IH786 1605 S0326 0950 MaMi* AM230 1850 NZ4SM 1605 LH787 2350 LHtin 1850 S***** 1605 N***** 2350 M230 1850 *****1 2350 un« mo u*&3 zm 0» 2120 502* 2358 HtlrtH S023 0709 KL044 0040 Sgl SOW* 1645 ***** 0105 SO327 0745
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  • Page 33 Advertisements
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    • 626 37 CHINA SHIPPING (GROUP) COMPANY |Pi CHINA SHIPPING CONTAINER LINES CO., LTD. 1 FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE] WESTBOUND (FIXED WEEKLY SERVICES) VSt VOY XQO CHW SHA HKO IsPONt I RTM HAM FXT trade APQiio 2203 I£Jui ZLki 22JuJ 2AJJ 22Jul lfiLAua L£A« 21 Aug MAR£ GAIJJCUM 99Q2 2SJ«!
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    • 1096 39 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA aR RORO HEAYYUFT SERVICE" VESSEL VOY RAMP HEIGHT StN LAX CKL «UA SAV BAL ORE NYC NEW j MOI TOM AHO2 400 Tms 6JM ViJW 25/08 03/ M 06/09 08/09 10/09 TT7O9 13/09 17/09 18/09 TARONGA AHO3 400 Tom 6.3 M 10/08 09/09
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  • Page 45 Advertisements
    • 728 45 SHIPPING LINE LTD —■6— 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Dora/lvy/Hanim WJtfJiWiWaaiagiaisSl 8 slgs/week every 4 days BARBAROSSA 070 27/07 (TUE) 30/07 (FRI) VQY
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    • 841 45 SIN TO SR» LANKA, INDIA, CANADA, US/EC/GIILF, MEXICO 1 I IWIK* 1 rw I <*« 1 I HAI j MTI Otf I SAV 1 I lAM I Ho<] iBBUMBLfIm MZQLJj/w JIZMJSZM jszoo m/oq oi/w m/w 02/10 os/io 07/10 10/10 u/10 it/in w/ia BBKißfl™ H/S Sffl llfg Sfll "P nm 7mt
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    • 711 45 rrra Singapore Soviet Shipping CPI L\\« aNo IOOSMIOOOON Multiwe Shipping PL WJJj (WW»WSA*rrI O Ik **********0 C VISSEL VOT I SIN I KM PNG PKL KOTARATU RTUOSI 29/07 OS/M TM 15/ M KEDAH 133N 03/ M 11/01 TU 19/08 |K)TARUIUJN RKNO4S 09/M| U/M TM 29/0> VESSEL VOY SIN CALCUTTA 8W
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    • 1202 46 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 65 04m St OCKCtr #42-00 *****13 Mk 513 *01-128 t J CR NO **********0H TW: 272 7827 f« bookmg 1* *****83 Fn: 438 2*6* 272 782S mmtmiry MjK Orient Overseas Container Line (Malaysia) Sdn Bhd (Rag Nr *****2-u) ca n S*\ KIAUNGJAYA I*o3-75*777*
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  • Page 47 Miscellaneous
    • 140 47 I y* \\J H [Regional Weather] S mi i jl V Jfk 10S IIOOE IIIOE Ji«£^TOS LEGEND R Thunderstorm Temperature c X\ Shower Weather Wind direction with speed m knots Rom Cloudy Sky Wove he, 9 hf Surfoce winds ore mdicoted by arrows which fly with the wind n u
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