The Business Times, 8 October 1999

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Microfilm: NL21656
Total Pages: 60
1 60 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA(P) 046/12/98 85C SINGAPORE FRIDAY, OCTOBER 8, 1999 j Internet: r~ittp7/business-times.asial .com.sg.'
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  • Article
    Lock icon MARKET SUMMARY
    55 1 □sn 2USJ7 (+19.26) mmVT-SBl Una* (+4.50) Qsncxx FUTTJIES 2MJ7O (+1.20) STOCTI1KKET DIDHZS Thursday Outage I IELSEOEWP 7U3I +*M V JflKQ 1&IJM6_+24#.1J UlANOffire I111SJI *fK£ SET INDEX 397M +LS6 JAKARTA 00liP_f66Jt. MANILA COUP 2,071.14 *14.11 TAIPHWP1 _7jliWI—♦I1U2 SEOUL COMP flILtt +1M4 CLSA CHINA B dosed AUSTALLORD 2J12J +1U Now
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  • Article
    Lock icon FINANCE
    76 1 FOSEX BATES U8$ SS USS 1.178 £(USS/S$ per 2) 1JM 1778 EUSOfUSS/SSperE) 1171 1.798 DM \m 9J19 YEN I97J LSH* RM im 0.442 HKS 7.718 MM BAHT 99.47 Mil RUP1AH 7,780 M2J* /,/W B.UZZ •atm MttmJm PBUKEBATCS SINGAPORE* 5.80 KUALA LUMPUR 7* JAKARTA BANGKOK MM MANILA It* HONGKONG 8.28
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  • Article, Illustration
    Lock icon Newspaper job ad volume doubles in Sept
    394 1  -  the economy Figure is a strong early indicator of job market's health By] Marissa Chew [SINGAPORE] Reflecting the improved economic sentiment, the volume of newspaper job advertisements doubled last month compared to a year ago. The surge in September is the highest year-on-year
    Source: SPH  -  394 words
  • Article
    Lock icon MAS gives S'pore bond market a boost
    758 1  -  Banks to be oraayted from miiimm cash balance requirements in swap market deals By Wong Wei Kong [SINGAPORE] The Monetary Authority of Singapore (MAS) gave a lift to the local bond market yesterday by accepting several recommendations of a high-level industry committee that
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  • Article, Illustration
    Lock icon The super salesman
    1252 1  -  y exclusive Streetwise Anssie tycoon wants to export the Harvey Norman brand to Asia From I Steve Jacobs in Sydney GERRY Harvey's office has only just hooked up to e-mail. He doesn't have a personal computer. That has not stopped the company he heads from becoming Australia's
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      78 1 BT Comment Ready, steady, refinance your housing loan. Kxmc Monmy MM 11 Top stories Liem Sioe f I Liongto [IJIJ divest stake r&BI in cement company. yH Last three sick Thai banks up for foreign bidding. Pg3 IPO Watch: Analysts' views on Eastgate Technology. P&8 Property deals at 03 auctions
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      5 1 "•^sHenTS partners EXEC LIFESTYLE ELI
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      51 1 < U v-.' L '^"./ss§£SC>-> I I C i*%%;Z4g£- ■v*%y ALtJr.yzw ZJ^-y<£i fyf' m J, 4 v, 0 m >•? v: £<p?Zk%&F s < Mflr v^P l^ sS||f A |f If Jr i SL -;1 r™&* -LJ£ jj- S&- «•< J; <& J fej s m i fifMfr" i v
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Handphones that suck
        90 2 SWEDISH telecoms equipment maker Ericsson and household appliance company Electrolux announced yesterday that they would set up a 50:50 joint-venture company to develop and market products and services for homes. In case the two companies are short on ideas for novel products, here are some suggestions we
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      • Article
        Lock icon Watch your back
        110 2 DON'T think your bosses aren't hovering behind your back when you are surreptitiously surfing the Net in the office. Xerox Corp, the world's biggest copier maker, said it has fired more than 20 employees so far this year for looking at pornographic Internet sites at work. The
        110 words
      • Article
        Lock icon Still no rest for venture capitalists
        56 2 AT the macro level, the region's economies may be out of the woods. But there is still no rest for venture capitalists. One of them visited a client in Indonesia last week and was visibly relieved. "We are thankful he hasn't run away, he
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      • Article
        Lock icon Arm-twisting and horse-trading
        153 2 THE Organisation for Economic Cooperation and Development has managed to get 34 countries in the world to sign its convention to combat transnational corruption. The signatories included all G-7 countries and non-OECD countries like Chile, Argentina and Brazil. It took the OECD almost a decade of hard
        153 words
    • Article, Illustration
      Lock icon Liem in talks to sell Indocement stake to German firm
      641 2  -  Analysts see this as move to cot Indon exposure; move assets overseas From Shoeb Kagda m Jakarta LIEM Sioe Liong, once Indonesia's foremost tycoon whose fortune has waned with the ouster of former president Suharto, is in talks to divest
      FILE PHOTO  -  641 words
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      72 2 Collective Sale by Tender FREEHOLD SITE H" I AT DISTRICT 11 property Double frontage to Mandalay n Bbamo Road hm.A </ Land Area: 4,047.5 sqm (43,567 sft) /«|L Plot Ratio: Up to 2.8 V Height Restriction: Up to 30 storey U 'i About 650 m to Novena MRT Station f
      72 words
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      50 2 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Me Florence Nathan, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE. 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasingesingnet.com sg *****52 FAX: (65) *****91
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      8 2 r r i K: II IL wW I
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  • FOCUS 2000
    • Article, Illustration
      Lock icon Drivers, commuters to coast into the New Year
      620 3  -  WHAT CAW GO WRONG By i Christopher Tan WILL traffic lights go haywire on New Year's Eve? Will electronic road-pricing gantries charge you on Jan 1, 2000 even though it's a public holiday? Are the MRT trains going to miss their stops
      620 words
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      81 3 J fc-..-; --ji^^^^Hl V v [,4^i -?^<*'•< f#&k\ 7 h%i* <$^£I*g£ id&sLil-' fo >' c vjg. *^S Jft E Life I Lifestyle baume mercier y GENEVE 1830 AVAiLABLI A* cOl 098 Ngee Ann City Tcv.er R j9i OrchJ'd Road Tel 7i2 »ii\ Chew Cneang Watch Centre CofMia Wauh Centre DeHue
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SPH shares 11% higher in one week
      450 4  -  By, Jennifer Lien SINGAPORE Press Holdings (SPH) shares rose 70 cents, or 2.3 per cent, yesterday following better-than-ex-pected year-end results, but closed 60 cents or 2 per cent lower at $29.70. Despite giving up some of the gains chalked up ahead of Wednesday's
      Source: Bloomberg  -  450 words
    • Article, Illustration
      Lock icon ST Aero, Boeing tie up for jet conversion job
      394 4  -  They sign deal to convert Boeing 757-200 planes into freighters By\ Soh Tiang Keng SINGAPORE Technologies Aerospace has tied up with Boeing Airplane Services to convert Boeing 757-200 passenger planes into freighters in a deal that would boost revenues significantly. The
      394 words
    • Article
      Lock icon Wall St set to rally and push up Asian stocks: chartist
      374 4  -  He predicts STI wiU sheet to 2,700 in its fifth wave By\ Siow Li Sen REMEMBER this week. According to Prudential-Bache technical analyst John Schofield, Wall Street has turned the corner and the muchawaited rally will come, taking along
      374 words
    • Article, Illustration
      Lock icon Salomon's hiring spree paying off now
      595 5  -  Bank's won mandates to lead-manage USs4sb in equities this year in Asia Byi Catherine Ong A DECISION to hire aggressively during Asia's economic downturn in the last two years appears to be paying off for US investment bank Salomon Smith Barney (SSB). The investment
      SIEW YAW HOONG  -  595 words
    • Article
      Lock icon Last three crippled Thai banks up for foreign bidding
      896 5  -  Sum City, Bangkok Metropolitan, B&nkTh&i going cheap and in a hurry, say analysts From Harish Mehta in Bangkok FOREIGN banks that lost out in the bidding for the choicest of Thai banks are now competing to take over the leftovers the
      896 words
    • Article
      Lock icon Keppel revamps Manila property arm
      169 5 THE Keppel Philippines group has completed the restructuring of Keppel Philippines Properties (KPP). Keppel Corp said in a statement yesterday that under the exercise, KPP will transfer all its investments in the shipyard business to Keppel Philippines Marine (KPM) which in turn will transfer 100.5
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    • Article
      Lock icon UOF offer:premium or discount?
      614 5  -  !![•>: [< lock siew wong wei kong FTER United Overseas Bank (UOB) announced on Monday that it was going to HI HH take finance arm United Overseas Finance (UOF) private, UOF shares shot up the next trading day, pulling up other finance companies shares as well.
      614 words
    • Article
      Lock icon CSM sees return to profitability in Dec qtr this year
      542 7  -  Chip fonndry not profitable in Q3, but expects USssm gain in Q4: officials By. Jennifer Lien CHIP foundry Chartered Semiconductor Manufacturing (CSM), which has applied for a listing on the Stock Exchange of Singapore (SES), expects to return to profitability
      542 words
    • Article
      Lock icon Tan Chong Int'l up on weaker yen
      258 7 Bloomberg [SINGAPORE] Shares of Tan Chong International Ltd, Singapore's largest car distributor which sells Nissan and Subaru vehicles, rose on optimism that a weaker yen would ease cost pressures and improve profit margins, traders said. The stock rose as much as 9.6 per
      Bloomberg  -  258 words
    • Article
      Lock icon NM Hldgs to join the Sesdaq family soon
      431 8  -  Manufacturer, supplier of packaging materials to float about 30m shares By, Andrea Tan CHOW Wen Chye, founder of NM Holdings Ltd, celebrated his 74th birthday two weeks ago. His son Alvin and group managing director has a belated gift for him a
      431 words
    • Article, Illustration
      Lock icon Analysts: Eastgate's IPO price reasonable but...
      578 8  -  ..IPOB-EIBIM -.there're concerns over group's earnings margins By\ Eugene Low COMPACT disc maker Eastgate Technology's initial public offer is probably worth a punt, but when it comes to fundamentals, take heed: Analysts are voicing concerns over the group's erratic earnings record and margin pressures.
      CHRIS LOH  -  578 words
    • Article
      Lock icon Yongnam's IPO 77.2 times subscribed
      197 8 ENGINEERING and construction group Yongnam Holdings' public offer tranche of 12.8 million shares has been subscribed 77.2 times at the close of the initial public offer yesterday. The company, whose shares will start trading on the mainboard today, offered a total of 42.8 million shares
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      12 4 ISETAN SCOUS LEVEL 3 NGEE ANN CITY #01-03/04 SUNTEC CITY MALL #01-061/063
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      191 4 This announcement appears as a matter of record only I fjk BROADWAY I INDUSTRIAL GROUP LIMITEDI I (Incorporated in the Republic of Singapore) I I THE PROPOSED AMENDMENTSTOTHE MEMORANDUM AND ARTICLES OF I ASSOCIATION OF THE COMPANY TO, AMONGST OTHER THINGS, PERMIT I THE CREATION OF THE REDEEMABLE CUMULATIVE CONVERTIBLE
      191 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon STI races off from opening to end up for 3rd straight day
      550 6  -  hi 1 comment STOCKS r. sivanithy THERE was more joy for the bulls yesterday as a Wall Street rally on Wednesday spilled over throughout the region and sent the Straits Times Index up 0.92 per cent. The market's
      550 words
    • Article, Illustration
      Lock icon US$0.55-$0.65 price range likely for Want Want rights
      198 6  -  WARRANT WATCH -By I R Sivanithy WANT Want Holdings' nil-paid rights are expected to be listed today, so perhaps we should take a look at what a fair price might be. The main problem is that the warrant's exercise price has not
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    • Article, Illustration
      Lock icon C&C recovery likely to continue
      237 6  -  HOTSTOCK By Wong Wei Kong CYCLE Carriage (C&C) shares rose 45 cents or 7.4 per cent to $6.50 yesterday, the session's third biggest net gainer. Volume was 1.13 million shares, markedly higher than the l(klay traded average of 462,700 shares. The stock opened at its
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    • Article
      Lock icon Diary of events
      85 6 Friday, Oct 8 ♦llsm. Merger care■ooy between Nowitt Pracl won ana BiKtiimfUg m wotnUnci gnglnfltrtng (S) at migimaiiiiocr. SKSwirtSmSir 111 1,1 H°" »Dl>*?tTOn Anal Management's launch of a new region* al equity fund at 1, aAaMMMi mum otQ storey, poaru room Mp, Silkroute HoJdings-Pa-eiflc Century Cyberworks' OUtDtfuß)
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    • Article, Illustration
      Lock icon Breather for US dollar, but it still looks shaky
      519 6  -  pi :ip comment CURRENCIES Respite helped by Dow rally; undertone still firm fir regional currencies larry wwe THE US dollar enjoyed something of a breather yesterday, thanks to the sparkling performance of US stocks overnight in New York. But the prevalent
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    • Article
      Lock icon Untitled
      356 6 VWwm *GanNnglnt 27,*****0 MHwalinni ff'ywww CMTalacomHK7Sc 21,*****0 CTHKIOc *****.000 TanChongMBOB *****000 QoldanAgriU810c *****000 PC| 28c 14,580,000 Aaia Food&Prop US$ *****,000 KUwSc 11,968,000 FMacfiUSIOc 11.*****0 0C8C Fowign 4Q41Q806 SIA 41,78^248 8PM 31,*****0 DBSGrp 29.942,423 TanChonglntSOc 27j64O£0O SknTal15c 26,086,027 Oil 22,604,466 STEngg 10c 19,825,108 \MraTtt2Se *****815 OC8C *****800 Stacks Carta MuHndBtMLPW*****4 18
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  • Page 6 Advertisements
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      91 6 EASTGATE TECHNOLOGY LTD (Incorporated in the Republic of Singapore on 16 December 1989) INITIAL PUBLIC OFFERING OF 40,000,000 OFFER SHARES AND 60,000,000 PLACEMENT SHARES AT $0.50 EACH Applications for the Shares may be made on printed Application Forms referred to in the Prospectus dated 29 September 1999. Applications for Offer
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      7 6 Going to trade online? 323-3955 831 )[»SBANK
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      786 7 SAN TEH LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of San Teh Ltd (the "Shareholders") will be held at 10:30 a.m. on 22 October 1999 at San Teh Industrial Building, 100 Eunos Avenue
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  • Page 8 Advertisements
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      281 8 THEMONETARY^ 1 AMOUNT OFFERED SGD 850 Million H ISSUE CODE N*****1T (Reopened) H ISSUE DATE 15 OCTOBER 1999 H MATURITY DATE 15 MAY 2004 H INTEREST RATE 3.375% pA. H PRICE TO BE DETERMINED AT THE AUCTION H INTEREST PAYMENT DATES 15 MAY AND 15 NOVEMBER H RRST INT PAYMENT
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      Lock icon Page 8 Advertisements Column 2
      89 8 Style Simplicity Value Silhouette Bed $5280 (excl. mattress). Bedside tables $1180 each (limited offer) The Silhouette Bed Simple, Stylish Comfortable. Le Mercier's now offer an extensive range of contemporary beds at very affordable prices. Leather Upholstered Bed bedside tables from $2585 (excl. mattress). C<£teCM 'aaerS L™pSrP~J Since 1980 Head Office:
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  • SINGAPORE news
    • Article
      Lock icon Property deals at Q3 auctions fall by 45%
      356 9  -  More action ahead seen for commercial, By. Marissa Chew DENTED by higher prices and the Ghost Month break, the number of properties sold at auctions held in the third quarter fell by 45 per cent from the previous quarter. A report by
      356 words
    • Article, Illustration
      Lock icon CityDev poised to clinch Goldenhill en bloc site with over $172m bid
      513 9  -  Group may seek to rezone nearby New Tech Park for condo use: observers By] Kalpana Rashiwala FRESH from bagging Ixora Court, City Developments (CityDev) looks poised to snap up the Goldenhill condo site in Lorong Chuan with its
      513 words
    • Article
      Lock icon JTC to concentrate on its existing parks abroad
      335 9  -  By i Carol Eng THE Jurong Town Corporation (JTC) will focus its energy on its existing overseas industrial parks, and has thus put a planned park in Indonesia on hold. But for the TS21 Industrial Estate in Thailand, construction will begin "soon".
      335 words
    • Article
      Lock icon Focus on info and com tech as key growth sector
      559 10  -  Govt aims to create thriving Net economy by 2010; 'first cot' ICT21 masterplan ready by year-end By Audrey Tan THE government will develop the information and communications technology (ICT) sector as the key growth sector in Singapore, and aim to
      559 words
    • Article, Illustration
      Lock icon Cracking down on contractors with poor safety records
      422 10  -  By Audrey Tan THE government will bar contractors with poor safety records from hiring more foreign workers, and not renew the work permits of their existing foreign workers, Minister of State for Manpower Othman Haron Eusofe said yesterday. The Ministry of Manpower
      FILE PHOTO  -  422 words
    • Article
      Lock icon Chinese enterprises need to be professionally run: SM
      181 10  -  By Ven Sreenivasan CHINESE-OWNED enterprises have to break away from family control and be professionally run if they are to stay relevant and compete, Senior Minister Lee Kuan Yew said yesterday. In a recorded speech delivered to the 5th World Chinese Entrepreneurs
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    • Article
      Lock icon Staying alive in E Timor
      123 10 EX-COPS usually have plenty of stories to tell. What more a journalist who is an ex-cop. Intrepid crime correspondent for The New Paper, Melvin Singh, who was a policeman before turning to journalism, will give a talk on Saturday about his experiences in strife-torn East
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    • NEWS Roundup
      • Article
        Lock icon Conference travels to S'pore
        45 10 THE Corporate Travel World Asia Pacific conference has .ymwfri M nla y* 4 fttngpr""* nwH prymmfi to two days due to unprecedented iateraat fttm Asian companies. The conference will be held on Oct 18 and 14 at the Pan Pacific Hotel
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      • Article
        Lock icon HMV to open 2nd store
        49 10 HMV is opening its second store in Singapore .The stow will be the anchor tenant at the underground pedestrian mall which is being baih between City Hall MRT station/Raffles City and Marina South. HMV opened its first store at the Heeren three years ago.
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      • Article
        Lock icon Mayban Life wins award
        46 10 MAYBANUfe Assurance Bhd clinched the Life Insurance Company of the Year title at the Asia Insurance Industry's Third Annual Awards 1989 on Monday. Fubon Insurance was voted General Insurance Company of the Yaar, while Munich Re was Reinsurance Company of the Year.
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    • Article, Illustration
      Lock icon Life as a scout
      320 11  -  PBOPKfi By Teh Hooi Ling IMAGINE spending 18 to 20 hours a day, seven days a ftffr p»wrin| information on genetic mapping in one month rod micro electronic mechanical system* in another. Tough? But that's what Amanda Harizan pn up her frto* decade-long Job ae a
      ARTHUR LEE  -  320 words
    • Article
      Lock icon Intelligence makes the difference
      512 11  -  Firms need to make use of competitive intelligence to ensure R&D money is spent wisely: KRDL By' Teh Hooi Ling IN today's fast-changing world, how do you ensure that the millions you are pouring into what promises to be the technology of tomorrow, will not be
      512 words
    • Article
      Lock icon Leave SembCorp to do the things it knows
      125 11  -  MAMAO Jay Lim Singapore via Internet I REFER to your Hock Lock Siew column, "Why SembCorp should hang on to PacNet" (BT, Oct 6). Not too long ago, SembCorp was cash-rich. Now it has become cash-poor. What happened? SembCorp is, I believe,
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    • Article, Illustration
      Lock icon Why SembCorp should sell PacNet
      203 11  -  Ed Koh United States via Internet I REFER to your Hock Lock Siew column "Why SembCorp should hang on to PacNet" (BT, Oct 6). This article shows the writer is completely unaware of the importance of making a good profit and return on investments. Despite
      203 words
    • Article
      Lock icon S888.com: MOF did not provide legal advice
      273 11  -  Yap Chuin Wei Head (Regulatory Services) Ministry of Finance Singapore IN your article entitled "SBBB.com to carry on despite losing 2 out of 5 franchisees" (BT, Oct 6), Mr David Chang, founding chairman of SBBB.com (S) Pte Ltd, was quoted as saying: "I
      273 words
    • Article
      Lock icon Oat out banks from CPF share buys
      151 11  -  Yee Soo Chai Singapore via Internet I REFER to your Mailbox article by George Lim "Lower investors' trading costs" (BT, Oct 5), which I fully support. Let's go further than this. The charge by broking firms is pittance compared to the fee paid
      151 words
  • Page 9 Advertisements
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      128 9 through your hips. Which places the centre of gravity near the driver, and you the centre a new y, ri f>- pleasure in the Saab 9-3. One that HMMhmm 'Wi truly uts you m t^ie river s seat No forces outside your y y; 5-;. .&<%<££ i. \&s- iW'. 11
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  • Page 10 Advertisements
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      159 10 aw YOUR TRUE COLOUR S. m Mm [4 lAnlff r fwm- juai^K^ ;m ii v %^^BK ,^hH^^^^^^K3; Haa^^^Hfci^ |k Jiti/ v' -.w:j caflH^ J®. „v^j3^ ,Jmf a|r jfe:" -Jg-iMF |Jp g»jyi y jfrC jßbte: JMfc. "^fcfiij^. 5. iftliliß^'" Radar Gro^^ Don't be the life of the party. Be the party.
      159 words
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      35 10 Providing 1 cool comfort JSL 1 BOOM m* 1 for commercial Hiucw punt 10 Anson Road #12-14, and industrial hmtkM* puz. s-par *****3 Tel: 222 0665 Fix: 224 835* hpcsr«cyberw»y.com. H UUIIUAIIgd. Website at http:Awww.hitachipUniljbrne.jF
      35 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon S'pore firms must be honest with investors
      851 12  -  PISFTT^ I bottom line OPINION david mason The writer was a partner in cm international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT IF there is one conclusion
      851 words
    • Article
      Lock icon IN OTHER WORDS
      74 12 4 A woman can lose her livelihood without losing her womanhood. Take away a man's livelihood and you've taken away his manhood.' -Sana FUndi author of "Stiffed: The Betrayal of the American Man on the meaning of work. 'Any economist who tries to predict the timing of
      74 words
    • Article
      Lock icon Obuchi opts for continuity
      601 12 EDITORIAL Markets can take comfort from the fact that Japanese Prime Minister Keizo Obuchi reappointed both Finance Minister Kiichi Miyazawa and Economic Planning Agency chief Taichi Sakaiya to their present posts in his Cabinet reshuffle. This signals continuity of policy; expect further fiscal support to ensure
      601 words
    • Article, Illustration
      Lock icon Location still matters In a borderless world
      915 12  -  When three Singaporeans had an IT idea, they headed for Silicon Valley to torn it into reality By] Fred Hiatt The Washington Post in Redwood City, California TAN Eng Siong had an idea for a new kind of software that could slice through
      The Washington Post; FILE PHOTO  -  915 words
    • Article
      Lock icon Why companies aren't raising dividends
      813 12  -  Payouts can go so low because US investors don't care mnch about them By Floyd Norris NYT IF the measure of corporate America's financial health is its ability and willingness to increase dividends to shareholders, then you might think the country is in a recession.
      NYT  -  813 words
    • Article
      Lock icon WHAT THE OTHERS SAY
      169 12 umi'iHfcf LAST week, it became legal for women to breastfeed their babies on federal property. From now on mothers who are apprehended nursing their infants in federal parks can no longer be approached by park rangers and told to stop because breast milk attracts bees. Nursing
      169 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Banks rule the day
        222 13 HOPES that there might ultimately be more than six "anchor" banks for Malaysia continued to lend support to banking stocks yesterday, with the largest gains made by the Arab Malaysian (AMMB) group, which is seen as the strongest candidate for any additional anchor slots. Retailers entered
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      • Article
        Lock icon Election picks
        96 13 PUNTERS were out in full force buying politically-related counters yesterday after a Barisan Nasional meeting earlier in the day gave indications that the party was gearing up for elections. With speculation rife that polls might be called as early as next month, punting continued for a second day
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      • Article
        Lock icon Gains in telecom stocks
        104 13  -  Compiled by! Diana Oon Abdullah TELEKOM Malaysia and Time Engineering continued to make gains yesterday, despite denials from the companies of rumours that foreign buyers were courting them. Telekom Malaysia had a 30 sen gain to RMII, with 1.5 million shares traded, although the company's officials
        104 words
    • Article, Illustration
      Lock icon RHB Bank makes last-ditch bid for super-bank slot
      463 13  -  It redeems RM5OOm bonds issued to Danamodal, but bid may not succeed From. Eddie Toh in Kuala Lumpur RASHID Hussain has stepped up the bid to secure an anchor bank slot for his RHB Bank but analysts said it may be too
      FILE PHOTO  -  463 words
    • Article
      Lock icon MAS failed to pay US$1.8m for aircraft: World Airways
      298 13 KUALA LUMPUR USs22m of revenue due to US operator of charter planes Bloomberg WORLD Airways Inc, a USbased operator of charter planes, said Malaysian Airline System Bhd, the nation's dominant carrier, failed to pay it US$l.B million (Ss3 million) for an
      Bloomberg  -  298 words
    • Article
      Lock icon Dr M cancels leave of ministers and officials
      489 13  -  Freeze seen as signal that elections are to be called soon From Eddie Toh m Kuala Lumpur MALAYSIAN Prime Minister Dr Mahathir Mohamad has stopped Cabinet ministers and senior officials from taking leave, another sign that the next general election is just
      489 words
    • Article
      Lock icon Renong sees return to the black after debt revamp
      595 14 KUALA LUMPUR Cempletienefland sales by unit Pretink will help group's balance sheet Reuters MALAYSIA'S biggest industrial conglomerate, Renong Bhd, said yesterday it expects a successful debt restructuring plan will enable it to return to profit after two years of massive losses.
      Reuters  -  595 words
    • Article
      Lock icon Time Engg has no firm deal with MCI WorldCom
      258 14 KUALA LUMPUR Reuters MALAYSIA'S Time Engineering Bhd has had talks with MCI World Com Inc of the United States on selling a stake but no definitive agreement has been signed, a senior official at Renong Bhd said yesterday. Loong Chun Nee,
      Reuters  -  258 words
    • Article, Illustration
      Lock icon Dr M's adviser slams Krugman for playing God
      646 14  -  From Eddie Toh in Kuala Lumpur A SENIOR adviser to Malaysian Prime Minister Mahathir Mohamad has blasted maverick economist Paul Krugman for his arrogance, flawed analysis of Malaysia's capital controls, and for thinking that he could "play God". Lim Kok Wing, president
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      353 13 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of laiowledge. Advertise in the Education/ Training section (Classifications 703 to 794). Call C.A.T.S. at 1800-737-1166. i Buy It Sal
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      148 13 A LM J-, n GMifRMnSnV U \Stf pfOjjMinflNl or mm w projcct a posrave person It wnfci ifnn ll xV" jIVRUMH Mf Interactive, HandfeefiSessions: Deporlmert and Body lfl|dßpfciQ(rhxictWhenfasDed( Fashion Sense and sscgscdDwlisasingldin^ L<^M tadww 1 5% group discount fcrlhree or more persons. pom, sessions begin of 9am and end 4
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      168 14 M w mm 1 i"-- --»>'• H rlf %f "*?*S|^Br* yy l x. -^V'^sslßife.*;Sfej£si. *'v5|S lfi§s\2i£^ '"-s r~. >«»' -.Mu ■-S'i |S2bM£?' > --■-r.:: 1 v r W? -H' i"»:- JT" e "Vc-s. "t ::> v -4 3w?5» ,> -T JMb&L.-;-'if'- 5-'-' JgTft* TBniKiifeyTr*' ft r: c' Ctl V ?*<^W
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  • SOUTH east asia
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      Lock icon 12 ex-Siam City Bank executives charged
      336 15 BANGKOK Each faces up to 10 years'jail if convicted of criminal negligence Bloomberg THAILAND'S central bank brought criminal negligence charges against 12 former executives of Siam City Bank Pel, which was nationalised last year to prevent its collapse. The central bank identified only one
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      Lock icon Indon power firm sues over Paiton project
      389 15 JAKARTA Reuters INDONESIAN state power firm PT Perusahaan Listrik Negara (PLN) said yesterday it had filed a lawsuit against PT Paiton Energy over a major electricity project in East Java. PLN demanded cancellation of a power purchase agreement with Paiton Energy to buy
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      Lock icon 3 US publishers appeal against Thai suit rulings
      513 15  -  They are challenging jfCjffiffg ntmAm in two copyright cases From. Harish Mehta in Bangkok IN a critical test of Thailand's compliance with world trading rules, three major American publishers have appealed to Thailand's Supreme Court against decisions of a lower court on
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        15 15 Reuters WPp'hmv oMylfltflWBBrJBPmm BBBM'' jt i; jmBV»<I9NMB£p vMWOBI BHUK 8JrpDvli HliW IHB
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        5 15 AFP
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        25 15 Bridge News fllkwrtttitlMflDtRrofiiMri wrfrf 1 p«nniinot^ ilTOtry> poa»ibly within a uli irni'B tn •ivwiira fhfl to Nwr York. k U
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        56 15 AFP P* ANn which it iaM hadba»iap|ji i»i« l«tKl by an aUigadcyberaQuatttr. In an affidavit fllad with a tocalcomlPLDT charted that the operator of a W«t>«it® with tlitaam M PIJDYxoaf*WBadBUtMralaly trying to trk& mrfrn and potential in veatan into yoing to his Web site wfaara
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      477 16 JAKARTA Attack-prone plantation workers, settlers from Java, have mostly fled Reuters MANY coffee growers have abandoned plantations in Indonesia's key arabica growing area of Aceh because of tension between troops and separatist rebels, traders said yesterday. Nearly 40 per cent of Indonesia's
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      Lock icon PSE's longer trading day plan 'not justified'
      320 16 MANILA Regulators urge exchange to move on reforms AFP PLANS to extend trading hours at the Philippine Stock Exchange are "not justified" at this time, regulators said yesterday, calling instead for the market to step up reforms. The exchange announced last month that
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      Lock icon Vietnam denies report on bourse opening
      127 16 HANOI Reuters VIETNAM yesterday denied a newspaper report that said the communist-ruled country would open a pilot stock market within weeks. The official Vietnam News daily had said the bourse was on schedule to open "within weeks" in southern Ho Chi Minh City, the
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      218 15 MB ftHki HIMBI IflM MMMgHM I MH I h FI'V-v'ft'#* >--■ rH%, SSl||fei PK I i. ft HBP I I I I K .rib- I A v P H p I JlHw I I I J V I *Jlf' m&fewESm. I ta -P I I K i I t K\
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      3180 16 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I NOTICE IS HEREBY GIVEN that the Sixth Annual General j Meeting of the Members of Chee Yam Chuan Temple Trust j will be held at Bunga Melati Room, 7* Floor, Renaissance Melaka Hotel, Jalan Bendahara, ***** Melaka, on
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      442 16 R4 THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CLEGG DRISCOLL (ASIA) PTE LTD (In Creditors' Voluntary UquMstton) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pureuant to Section 280(2Xb)] At an Extraordtoary General Meeting of the Company held at Unit 13, 112-118 Taiavera Road. North Ryde,
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      421 16 GEE PING INVESTMENTS PTE. LTIX (In Nimbi'Vtl ll^ilHn) At an Extraordinary General Meeting of Gek Pina Imraoncnu Pie. Lid- held on 3fcb Sytetnber 1999, the following special reaohi bona were duly paaaed 1. That the Company be wound up votuntarily and that Mr Tfcn Oim Soo of Meaan G S
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  • EAST asia
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      Lock icon Microsoft may be misreading the Chinese market for its Windows CE
      650 17 SHENZHEN Ageing population, cheaper PCs could affect its plans Bloomberg MICROSOFT Corp, which has tied up with more than 30 companies to offer Internet access to Chinese consumers via television and other electronic devices, may be misreading the world's
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      Lock icon Sun Hung Kai Prop profit jumps 28% to HK$9.3b
      406 17  -  Results helped by lower taxes, absence of provisions; group books HKss9sm exceptional gain From Meera Tharmaratnam in Hongkong HONGKONG'S leading developer Sun Hung Kai Properties reported a 28 per cent surge in net profit to HKS9.2B billion (Ss2 billion) for its
      406 words
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      Lock icon Taiwan's Sept exports rise unexpectedly
      232 17 TAIPEI Bloomberg TAIWAN'S exports unexpectedly rose in September, as power blackouts and disruptions from the Sept 21 earthquake were offset by surging demand from Asia. Exports climbed 0.9 per cent from a year earlier to U559.56 billion (Ssl6 billion), the Ministry of Finance said. Compared
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      274 17 Ifl J^^ff' H J^tJ 1 fMpHM' v J 4K^ Ar »lfttr?W£Tj|B^P»^2BßtMßES%*.>-'Tflfts'all T A^.'fmmJm v««3w-' T/Jm&&lf iiAtl kjSsiisßJl' W-/ v»' "i vi -t&is\sf&mrt.& r» yv* *k#4w rrflifc i^Mfeßftypi** 4£&.^?*i "< 5 For giant-size performance in economy-size space, check out our Deskpro EN Small Form Factor (SFF). A full 36% smaller than
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  • SOUTH asia
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      Lock icon Stock market cheers BJP-led win
      722 18  -  Bombay index surges to record high, but political analysts stay worried From. Rajendra Bajpai in New Delhi INDIA'S stock market cheered the victory of Prime Minister Atal Behari Vajpayee's 24-party coalition with a somewhat comfortable majority, surging 5.65 per cent to a record high, but
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      Lock icon Congress Party emerges weaker
      474 18  -  From Rajendra Bajpai in New Delhi THE Congress Party under Italian-born Sonia Gandhi has emerged weaker in this election as a party, even though the overall balance of seats between the ruling coalition and opposition allies have hardly changed. With results still to be declared in
      474 words
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      Lock icon Moody's rating reflects India's strength: Sinha
      346 18 NEW DELHI nnflnr» minigtor glad recent improvement in economy recognised Reuters FINANCE Minister Yashwant Sinha, reacting to a change in India's credit rating outlook by Moody's Investors Services, said yesterday that the change recognised the "inherent strength of the Indian economy". "I am happy
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      43 18 w A> ;l|w W" -«i »K -."J 3f«, "Rt^fe *,IJBH mm***#*** Wireless Application Mobile internet Fax facility y* Protocol (WAP) •My phone application Postcard-sends Browser enables access to visuals via e-mail S e-mail facility phone functions Vcwce recording MC 218. MINIMISE YOUR DOWNTIME.
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  • WORLD news
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      Lock icon Bank of Korea ups '99 growth forecast to 8.8%
      272 19 SEOUL AFP THE central Bank of Korea yesterday revised upwards its economic growth forecast for this year to 8.8 per cent from its previous projection of 6.8 per cent. Bank governor Chon Choi Hwan said South Korea's gross domestic product (GDP)
      AFP  -  272 words
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      Lock icon Hefty stimulus package for Japanese economy
      265 19 TOKYO Policymakers urge central bank to boy more govt debt Reuters JAPANESE policymakers outlined a hefty economic stimulus package yesterday and pressed the central bank to accommodate it by buying more government debt. The ruling coalition parties vowed to compile an "aggressive" supplementary Budget
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      Lock icon Telstra sale gets 1.2m retail applications
      217 19 SYDNEY Bloomberg AUSTRALIA'S Finance Minister John Fahey said 1.2 million applications have been made by retail investors in the Asl7 billion (SIIB.B billion) Telstra Corp stock sale. The Australian government will reduce its stake in Telstra to 50.1 per cent through the sale of
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      Lock icon Asahi, Tokai merge to create No 3 bank in Japan
      515 19 TOKYO The merged group, a 50-50 tie-up, will have 59t yen in assets Reuters TWO leading Japanese banks, Asahi Bank and Tokai Bank, announced a tie-up yesterday that creates Japan's third-largest banking group and will lead to 4,000 job losses
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      Lock icon Bank of England leaves benchmark rate at 5.25%
      495 20 LONDON Concerns over sterling's rise seen to be behind decision Bloomberg THE Bank of England left its benchmark interest rate unchanged, indicating the central bank sees few signs that accelerating economic growth is fanning inflation. The decision to hold the securities repurchase
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      Lock icon Tiger limits investors' withdrawal times
      248 20 NEW YORK Bloomberg TIGER Management LLC, the hedge fund manager led by Julian Robertson, is limiting investors' ability to withdraw money after seeing about US$3 billion (Sss billion) pulled this year because of dismal performance. Mr Robertson wrote to Tiger funds shareholders that they will
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      Lock icon Vodafone raises slakes in Japan's nine telcos
      263 20 LONDON Bloomberg VODAFONE Air Touch, the world's largest wireless phone company, said it will pay US$55O million (*****.5 million) to increase its stakes in Japan's nine regional mobile phone companies, strengthening its position in a US$46 billion market. Vodafone said it bought the
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      Lock icon Taking the maestro's cue
      56 20 [LONDON] A violinist playing her part in a string quartet from a copied piece of sheet music from an original and previously unknown handwritten manuscript by composer Ludwig van Beethoven. The autographed manuscript will be auctioned by Sotheby's later in the year and is expected to
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      Lock icon EU to support Asia's recovery
      393 20  -  Weekend meeting will discuss boosting Euro-Asian trade From Shada Islam in Brussels EFFORTS to open a "dynamic new chapter" in the European Union's trade and business relations with Asia will dominate a meeting of the two regions' economic ministers in Berlin this weekend. EU officials,
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      Lock icon United Biscuits turns down bid for snack and frozen food units
      406 20 EDINBURGH Bloomberg UNITED Biscuits Holdings pic, the UK's biggest cookie maker, said it rejected a bid, reported to be about £600 million (511.7 billion), for its snack and frozen food units from a group of investors. United Biscuits turned
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    • WORLD Watch
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        Lock icon ECB leaves interest rates unchanged
        66 20 Bloomberg [FRANKFURT] The European Central Bank (ECB) left interest rates unchanged, while indicating that borrosring costs may nsed to riss in oomtag months to head off fester inflation as ths economy rebounds. ECB President WhnDuiseiiberg said that there was a "bias" among the bank's 17
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        Lock icon German 2000 GDP to be close to 3%
        66 20 Bridge News [BERLIN] German Economics Minister Wsrasr MneDer said he expected real German GDP next year "ctoeer to 3 per cent than 2JS per cent", adding that signs wers good that stronger growth would bo sustainable. Finance Minister Ham Kkrhel said economic
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        Lock icon GB profits hit record
        49 20 Reuters [NEW General Electrfc Co yesterday reporwatne higheotguai lei lj pi uflt ever, as the group again posted gains in nearly all its segments. G1 said its ssrningsross l6percsnttoUS|Mßbilllan(Ss4.4bllllon),orlOOSceutB a diluted share, beating analyst expectations and setting it up to post record results ta» MM.—Reuters
        Reuters  -  49 words
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        Lock icon 70 feared dead in train crash
        46 20 AFP [LONDON] Seaivh teams yesterday wise sifting ths debris of ons of Britain's worst rail crashes, concentrating eflbrts on s flrst-dasa carriage containing scores ofbodiee burnt beyond recognition. Polks ssy st least 70 of 170 missing people are presumsd dead.—AFP
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      Lock icon Yahoo! It's a great third quarter
      557 21 PALO ALTO, California Operating income up more than five-fold; net profit surges toUSsl4.9m from USs4.3m Reuters INTERNET media giant Yahoo Inc on Wednesday kicked off the third-quarter earnings season with a bang as it reported operating income grew more than five-fold while sales more
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      Lock icon SEC may order four options exchanges to link markets
      348 21 WASHINGTON Bloomberg SECURITIES and Exchange Commission (SEC) chairman Arthur Levitt told US stock options exchanges the SEC could force them to link their markets if they do not make progress on their own. In an Oct 1 letter, Mr Levitt told
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      Lock icon FCC okays SBC's Ameritech deal
      303 21 WASHINGTON USsBlb purchase will create largest US lecal phone firm Bloomberg SBC Communications Inc won Federal Communications Commission (FCC) approval on Wednesday of its US$Bl.l billion (*****.2 billion) purchase of Ameritech Corp, creating the largest US local phone company. The approval includes an unprecedented set
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      Lock icon Bank of Scotland sees £1b cost savings
      226 21 LONDON Reuters BANK of Scotland said yesterday it expected to reap annual cost savings worth at least £1.015 bUlion ($2.8 billion) from its proposed takeover of National Westminster Bank Pic. This was bigger than analysts' expectations of £500 million to £700 million and
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      Lock icon Calvin Klein invites bids to fund expansion
      261 21 NEW YORK FT CALVIN Klein, the designer whose brand name has extended from high fashion to bedlinen, has put his company up for sale. Industry executives said on Wednesday that several potential bidders had already approached the group, and predicted that luxury goods
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      Lock icon Abby Cohen bullish on telecom stocks
      136 21 noni Bloomberg (NEW YORK] Abby Joseph Cohen, chief inveetmant etratagistat Goldman, Bachs*Co. said fee's optimistic aboot tslscommnnfrailon stocks, tndotting Nokia, the world's largest cellphone maker. "Telecoms provide wonderfbl lnvweUumt opportunltlea," she said at a lecture at New York's 82nd Street Younc Man's Hebrew Association.
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      429 19 MAJOR PUBLIC CARPEI AUCTION MAJOR EUROPEAN SUPPLIERS LOOKING TO LIQUIDATE STOCK (NO MINIMUM RESERVE PRICE) SUNDAY 10 OCTOBER ORCHARD HOTEL BALLROOM 2, LEVEL 3 VIEWING: 10 11.15 AM AUCTION: 11.30 AM DEALERS ARE ENCOURAGED TO ATTEND! Alan Donelly Co. Perth, Western Australia ■■■I t-I HHHB ♦s«n street smart .com We
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      348 20 anheZaobao ■t'Bb rasa )W7«? *ijSr IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 COCA-COLA NESTLE REFRESHMENTS SINGAPORE PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 1 October 1999 at 200 Cantonment Road, #03-01, Southpoint, Singapore *****3, the following resolutions
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      116 20 BLEND MNAV6REY MUST Hmb (Brush-in Color Gel) for moustaches, beards, temples, sideburns. Ano mess no drip 5-minute gel which blends away grey. This product Is so superior that even you ran t tell where the grey w«. -'--"j l\/ri?TVT HH IVITv (Shampoo-in Haircolor) now comes in an even thicker and
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      22 20 Lost ml i Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS Buy It Sal It Find It
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      509 21 (I master Chef Of Itoj Talents Master Chef Ricky Goh one of them. Backed by 30 years of culinary experience and recognition from the world championship of Chinese cuisine, you will be more than satisfied with his of food fusion. At Tien Court with our award winning V Master Chef
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  • FINANCE & commodities
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      Lock icon Futures' uptrend fizzles out towards dose
      196 22  -  Bngvr Reports Mngppnm Initaf Daphne Tay, Jardine Fleming THE Singapore stock market continued to ndly yesterday, driven by strong overnight gains on Wall Street and fol-low-through buying on the local bourse. The Straits Times Index closed at 2,119.97, up 19 points or 0.92 per
      196 words
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      Lock icon Futures get lift from Sept export data
      167 22  -  MSGI TMmui Mra Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures, encouraged by Taiwan's September export figures, rose for the first time in three days. The cash Weighted Price Index also posted its biggest gain in a month as record
      167 words
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      Lock icon Oil price reversal deepens on doubts over Opec output curbs
      315 22 ENERGY REPORT Reuters [LONDON] Oil's descent from recent highs gathered pace yesterday as worries grew that Opec was starting to cut corners on implementing supply curbs. International benchmark Brent for November delivery was 46 cents lower at U5522.30 a barrel
      Reuters  -  315 words
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      Lock icon CURRENCY REPORT
      314 22 AFP, Reuters EUROPEAN currencies quickly overcaitie the lack of expected rate rises in the euro zone and Britain yesterday, anticipating that rate rises were still on the way. The European Central Bank and the Bank of England Monetary Policy Committee left their key interest rates unchanged at 2.50
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      Lock icon Untitled
      714 22 MTBmnCTOBMTBI 41 tf Bw n> w$ 85MNMM m iw i HhtM Hm B MM Mr *75 MM NM 1 im* am im omr iom 1207 100 z&m sua itm 7.950 220 um 340*21*02 mo mot ojm 210a 2tai «t CaMii 1090 5JM MM 4171 UM 5JM ***** ***** 0.735 MM
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      353 22 8^ PORLA Oct 6 Oct* QML9D HUB TH100 OOJO 0*90 mTM<im i,r WJ# s&n t38u > m o?5 muo w5S e flSS J m» Nov 99 1 1' ww m*wuw SaSSS gftUBBLflUttM SHHHHHHIHI 25,0100 Oct 7 g»w>nniff mm ew| Kits wiWMggg a»cv nmnumTttwium 24? lor mSSm& SSSSm mi glf SOf
      353 words
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  • STOCKS east asia
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      Lock icon Strong Dow, Nikkei boost Hang Seng
      2678 23 HONGKONG AFP, Reuters |H| Hang Seng +9SJ2 HONGKONG share prices rose 0.7 per cent yesterday, posting the fourth consecutive daily gain in line with firmer US and Japanese markets, dealers said. "The market was boosted by the strength in overseas markets," said Alex Tang,
      AFP,; Reuters  -  2,678 words
    • Article
      Lock icon TAIPEI
      365 23 AFP Birijjg ♦MM? TAIWAN share prices closed 1.5 per cent higher yesterday due to strong bargain-hunt-ing of financial stocks, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 110.37 points to 7,612.00, on turnover of NTJ85.90 billion. "Investors moved to bar-gain-hunt financial stocks switching from traditional manufacturing counters,"
      AFP  -  365 words
    • Article
      Lock icon Yen's fall sends Nikkei soaring
      1756 23 TOKYO AFP Qnua ♦MU3 SHARE prices in Tokyo surged 1.3 per cent yesterday to their highest point in six weeks, thanks to gains on Wall Street and a fall in the yen, brokers said. The benchmark Nikkei Average rose 240.13 points to end at 18,136.55,
      AFP  -  1,756 words
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      92 23 Want a home with a sea view? Classified Or simply seeking a new nest? ~r~l Make the right move: Jl lrst. Check The Straits Times fc LM IR-1 Classified First. J Q u > 1 5 The stock markets in China were closed for a public holiday yesterday and will
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  • STOCKS klse
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      7595 24 MMKTRIALS Cmhmmt inMi 1999 Last Val Day MM Cap Low CimpiT Wt too H» U» P/l t— 440 255 A|inomoto 326 207 *32-' 174 46 Angkasa 96 unch 29 98 93 144.5 404 220 Apollo Food Hlg 324 unch 1 324 324 11J 129.6 294 115 Bar|aya Land 190 7
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      Lock icon Shares surge on renewed talk of polls
      340 24 AFP FlCampoate Intox +2054 MALAYSIAN shares closed 2.9 per cent higher yesterday led by blue chip stocks due to renewed speculation that elections could be held soon, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 20.54 points to finish at 734.73.
      AFP  -  340 words
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  • SES clob & regional stocks
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      2427 25 BONDS&WARRAMTS mt m Mi m MM l«l M Mr MM Ml MM CMM MB ■5k ia> an j Mi m- mm m* u» m m» w >—<m» km n»—>» mi 104 3 s 3160 A Acf ******1USS 40 5 *j <03 40 40 403 Si j* »5 13 ii 80
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      Lock icon BANGKOK
      761 25 AFP H SET Mm *15& THAI share prices closed 0.6 per cent higher yesterday with some bargain-hunting mainly in building and chemicals helping support the broad market, dealers said. Sentiment was also buoyed by firmer regional markets and gains on Wall Street overnight, they said. The Stock Exchange of
      AFP  -  761 words
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      Lock icon MANILA
      284 25 AFP Hmmh* +14J1 PHILIPPINE share prices rose 0.7 per cent yesterday on late buying of oversold blue chips. The Philippine Stock Exchange Composite Index gained 14.11 points to 2,071.64. Volume rose to 5.7 billion shares worth 9.6 billion pesos compared to 5.2 billion shares worth 4.6 billion pesos on
      AFP  -  284 words
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      Lock icon JAKARTA
      585 25 AFP Q Capote hfax -3.40 INDONESIAN shares closed 0.6 per cent down yesterday on profit-taking amid concerns over the nomination of Muslim politician Abdurahman Wahid as a presidential candidate, dealers said. The Composite Index closed down 3.40 points at 585.35. A dealer with Lippo Securities said the market was
      AFP  -  585 words
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      Lock icon WELLINGTON
      254 25 AFP ♦ILBB NEW Zealand stock prices rose 0.6 per cent yesterday on a strong recovery by market heavyweight Telecom, dealers said. The NZSE-40 Capital Index gained 11.88 points to 2,041.35 on volume of NZ$7B.9 million. Telecom rose 14 cents to NZS7.6I.—AFP wr «a rww AdvantaqaHDS ZAT 0.02 TV Air
      AFP  -  254 words
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      Lock icon SYDNEY
      554 25 AFP EUiortMriM *m AUSTRALIAN share prices gained 0.5 per cent yesterday, buoyed by a strong performance on Wall Street, brokers said. The Australian Stock Exchange's key All Ordinaries Index finished 15.2 points higher at 2,912.0. The All Industrials Index closed up 42.4 points at 4,991.6, but the All Resources
      AFP  -  554 words
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      Lock icon SEOUL
      277 25 AFP PCiDigtfi liter jUI THE Korea Stock Exchange Index closed up 15.84 points at 851.15 yesterday. Volume was 338.2 million shares worth 3.9 trillion won. —AFP WT *h AMMtSantf W500 aoo Brain TacH _17»5 99 Central Bank .2790 *0 ChtMCWMII ***** 2000 Danang Carp 5130 »0 Daewoo Corp »30
      AFP  -  277 words
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      56 26 mm g ■BP" .^SvV^ SSvHf W mml t j if. vHV "'tMtb I 2 f^H B 1 ~^B Blf iit *3 B* IfS HSF I I P P jgßmf 9 ft- j»P^ I isn > r k I c^llm^ SKlk^^'' -v S Jmh^^-. i ,•>'* r'' y f :9 y
      56 words
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  • Article
    Lock icon STOCKS ses
    6745 27 MAIN BOARD Transaction date: Oct 7 u-wt lmi v- on an 4f sa m> L— MH Cimainy Ml roooi HN* 1— 8»»ar 5a8ac CV W MUTI MPUITBY 182 17.5 m b WOO Acma 50c 116 Cd *1 156 118 115 116 118 10 3.3 43 9.5 191.9 1W
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      42 27 Le I'horlogcrie depuis Who is behind an Audemars Piguet watch? Cortina Watch Centre AVAILABLE AT: SJNGAPOM Regional A(tm, Shuwroom B Strvlt, C«„„; AUDEMARS PIGUET (SINGAPOREI PRIVAtE LIMITED. it nLwoi MM7MMM ..m n ..2 M1„,.1. w .u sim.P." .3«». T.I: „„„3,3»135> E.,: *****01.
      42 words
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  • PROFILE venture capitalist
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      Lock icon Aiming to make a Fortune from IT
      1229 28  -  Venture capitalist James Chew has set up a USss2.sm S'pore-based fund By Jennifer Lien [SINGAPORE] TAIWANESE venture capitalist James Chew is impressed with the Government of Singapore Investment Corp (GIC). "The government here is very efficient," said Mr Chew, whose Fortune Venture Investment
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    • Article
      Lock icon Fortune plans to shift Taiwan HQ to S'pore
      349 28 TAIWAN'S Fortune Venture Investment Group plans to "gradually" move its headquarters to Singapore from Taiwan, its chairman James Chew said yesterday. "We hope to do it pretty soon," he said, but did not specify a timeframe. "We hope to start up a
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  • EXECUTIVE Lifestyle
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      Lock icon silent partners
      2292 29  -  COVERSTORY You could say their hobby is minding other people's business. They are the silent partners, the ones with professional day jobs but who sink money and other forms of support into businesses controlled by other people, jaxme ee speaks to three of them JAMES EE Ashok Melwani
      PHOTOS BY CHRIS LOH AND ARTHUR LEE; CHRIS LOH  -  2,292 words
    • VIEWPOINT
      • Article
        Lock icon Killer ads that leave a bad taste in the mouth
        659 30  -  the cuff Current health campaign ads are more likely to annoy with their all-style-and-no-snbstance preaching than hit home the message jaime ee OH dear. I'm suddenly feeling short of breath. My heart is pounding and I think my head is
        659 words
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        Lock icon STRAWS In The Wind,
        159 30 Getting along swimmingly TALK about fishy voice-mail. One journalist calling a contact got this recorded message: "Hi, I'm on leave now, but you can leave a message with my assistant, Tuna." Which led us to wonder if the boss' name was Barracuda and the friendly receptionist,
        159 words
    • PROFILES/BEAUTY
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        Lock icon Wisdom in small doses
        1253 31  -  HMI Hldgs' head takes time off her packed schedule to have tea with corxmne kttbk" and talk of her years growing up and of her life now CORINNE KERK GAN See Khem breezes in from one of the entrances to her 10,000 sq ft house, apologising
        PHOTOS BY ARTHUR LEE  -  1,253 words
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        Lock icon Clinique opens 1st Asian 'store' in Woodlands
        675 31  -  Estee Lander Group's entry into snbnrbs may set new trend among cosmetics firms By 1 Tan Su Yen A RETAILER once joked that Michel Grunberg, managing director of the Estee Lauder Group, was the unofficial landlord at Isetan Scotts since Lauder brands like
        SIEW YAW HOONG  -  675 words
    • ENTERTAINMENT
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        Lock icon A funny thing happened on the way to the set
        587 32  -  CINEMA Bowflnger is a hilarious send-np about moviemaking, but falls flat where it matters most the ending By. Parvathl Nayar THIS is a film that'll click into place with moviegoers whose love for the world of the cinema goes hand-in-hand
        587 words
      • Article
        Lock icon Where are thorns among English roses?
        558 32  -  CINEMA While Tea With Mussolini is charming, it lacks bite to make it a gritty film By: Parvathi Nayar IT might be an oh-so-proper English custom, but even by English standards, it's a rather eccentric and eclectic collection of tea-time companions with whom you'll
        558 words
    • ART
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        Lock icon Putting art in perspective
        1366 33  -  Architecture and art go together in more ways than one might think pabvathi kayak speaks to two veteran architects about their twin passions PARVATHI NAYAR Wee Chwee Heng Partner, Kumpulan Akitek WHILE he certainly enjoys art, Wee Chwee Heng is also someone who cares whether it
        KHENG-LI WEE; SIEW YAW HOONG  -  1,366 words
    • MOTORING
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        Lock icon Safe and steadfast
        1030 34  -  Renault's Megane Scenic may not seem like a sexy machine on the outset but it can sure charm the jaded driver with its performance and thoughtful touches, writes Christopher tax CHRISTOPHER TAN IF YOU haven't already noticed, minivans seldom make it big on the silver screen. While
        1,030 words
    • EPICURE
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        Lock icon Flavours of a Korean kitchen
        1027 34  -  Kimchi senres nnpretmtku food that's sore to pleam S'pore&n t&stebuds By Tan Su Yen IF restaurants are judged by how their signature dishes are received then fourmonth old Korean restaurant, Kimchi, in Purvis Street, can't be doing too badly. On the Saturday night we visited,
        1,027 words
    • PERSONAL FINANCE
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        Lock icon Rates race
        1226 38  -  COVER STORY By I Siow Li Sen Refinancing one's housing loan has recently become a hot topic of conversation. One analyst said: "All my friends were discussing previously how they would refinance their loans if they could. Now, it is which bank gives the better deal." On Monday,
        1,226 words
      • Article, Illustration
        Lock icon Ready, steady, refinance!
        1116 39  -  YOUR MONEY of dollars, and banks really only have themselves to Maine if they lose good customers alvin tay CALL your banker today to refinance your housing loan if you have not already done so. It may save you thousands of dollars in interest over the next
        1,116 words
      • Article, Illustration
        Lock icon Why save more?
        1011 40  -  Job anxiety and financial prudence drive Singaporeans' need to save, poll says, loots beceebumo reports LOUIS BECKERLING A COMBINATION of job insecurity and providing for emergencies drives Singaporeans to save, according to a new global survey of savings and investment objectives. The findings emerge in a survey
        1,011 words
    • UNIT TRUSTS
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        Lock icon Does your manager have alpha?
        788 41 Trust the academics to come up with a Greek letter to define the 'pure skill' of a fund manager. The jury's still out on alpha, but rest assured, this won't be the last word FT Just how good is your fluid manager? If it is
        FT; FILE PHOTO  -  788 words
      • Article
        Lock icon Know your assets and your funds
        605 41  -  1 tobasics By\ Patrick Corfe THERE are three major types of assets: cash, stocks, and bonds. (Property probably counts as a fourth). If you save money in a bank account, your money is risk-free and completely liquid, meaning you always have ready access. Short
        605 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Go in with eyes wide open
        599 42  -  Be wary of politically-linked Malaysian stocks, as fortunes change quickly, says bddibtoh EDDIE TOH ELECTION fever is on in Malaysia. Should investors pile on stocks of companies that are politically well connected? Malaysian Prime Minister Mahathir Mohamad will soon call general elections due to
        FILE PHOTO  -  599 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at October 6,1999)
        1012 42 Dpodlnounl Urth %mf M* OipodHwoiH 1-W> DBS Bank HSBC MMHHB A$ A$ S10.000-A24.998 4.3100 4.7500 4J000 25,000 ***** 3.81B 4.1875 4 588 A25.000 A49.988 4.3300 4.7700 4.9100 75,000-148.888 3.8375 4.3125 4 6875 SVOOOO Dm99,999 2.1500 2.4300 2.7900 JuS JSo
        1,012 words
      • Article, Illustration
        Lock icon Read the signs right...
        594 43  -  and your CPF statement could show hidden profits or avoidable losses. VBMBRBBOTVABAN explains why ifs worth a closer look VEN SREENIVASAN IF you sold your securities bought with Central Provident Fund investment account savings by Sept 22, you should be getting your profit and loss statement
        FILE PHOTO  -  594 words
      • Article, Illustration
        Lock icon Taking stock off your CPF investment account
        313 43 Wtiat your CPF profit loss statement can tell you Sovurce: DBS Comparative table (period Oct 1 '98 to Sept 30 '99) EXAMPLE 1 EXAMPLE 2 EXAMPLE 3 Savings In CPF account $100,000 Ml Njl_ CPF Invested Nfl $100,000 $100,000 Add: Prom rooBaod Nil
        Sovurce: DBS  -  313 words
  • Page 29 Advertisements
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      75 29 IUUOH Art Architects and their art People Dr Gan See Khem: At home with the head ofHMI Holdings EL 3 To all those thinking of a new Millennium Resolution, T *f\7jp may we recommend a simple word: m J m m GREEN Life's About Living. Call 357 6890 for membership
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      59 30 When making your choices in life, do not neglect to live. Samuel Johnson At the Green Club, do what most people only drC3ITI of; g B Life's About Living. Call 357 6890 for membership details Membership Sales Office: 10 Collyer Quay, #11-04 Ocean Building, Singapore *****5. Tel: 534 41 1
      59 words
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      62 30 CAST YOUR VOTE: Go to the BT Online Web site (business-times.asial.com.sg) and take part in the interactive poll based on this column. RESULTS OF LAST WEEK'S POLL: Is fantasising about sex outside of a marriage wrong? Yes. Stray thoughts am lead to stray deeds—3s.s per cent. No. It's harmless and
      62 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      248 30 CRYPTIC CROSSWORD 1 Soldier follows extremist into 8 Empty demonstration? (6,5) I I I I I I i 11 Decay round old base (4) 13 Far too cool (7) 15 Tiny room: in one, an Italian 16 Dead man was good, remark- LbJ ■flHw'6 —iHHi able person (5) 18 Not
      248 words
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      70 31 I The right to be let alone is the most comprehensive of rights and the right most valued in civilized man. Justice Louis D. Brandeis At the Green Club, ~in ne you can be dlUllC... never lonely v* Life's About Living. Call 357 6890 for membership details Membership Sales Office:
      70 words
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      372 32 Where to wine, dine and entertain...""^ c^ggJN 76 Braa Baaah Road, *****8 w M** Cheers! fi3j To a niglit 0/ I great fun and I entertainment mk J9 at Cangtry's H MM Happy Hours "W 5.00pm B.oopm Daily SB (with complimentary snacks) V 'Live'band M entertains V f Mondays Saturdays
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      144 32 AN EVENING AT THE OPERA j —PrtMUting \JTy GEORGES BIZET'S I (y Be -W 1 12 Octobcr 1999 I Mandarin Ballroom Dinner 8c Show: $108 nctt per person For reservations: 831-6288 Orchard Road. Singapore *****7 M: 737 4411 Fair 732 2361 *TV< CUeC Cengs' mfr Kwniol CretSranAl CaM Qgj Toffgr
      144 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Lock icon Page 32 Miscellaneous Column 1
      417 32 WHAT'S ON works present witty if sometimes in- ÜBiP comprehensible insights into early Jazz Festival theories of evolution. Chijmes' 4th Independent Jazz Fes- Until Oct 17, Earl Lu Gallery, 90 tival features Eldee Young, Jeremy Goodman Road. Tue-Fri Ham to Monteiro and others, as well as spe- 7 P m
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      72 33 Leisure consists in all those virtuous activities by which a man grows morally, intellectually, and spiritualty. It is that which make a life worth living. Marcus TuUius Cicero At the Green Club, leisure is not an end but the beginning G Life's About Living. Call 357 6890 for membership details
      72 words
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      59 34 The one way to get thin is to fe-estabiish a purpose in life. Cyril Connolly At the Green Club, you will fill yourself with lilt, j |M rood Life's About Living. Call 357 6890 for membership details Membership Sales Office: 10 Collyer Quay, 11-04 Ocean Building, Singapore *****5. Tel: 534
      59 words
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      10 34 Kimchi Restaurant 36 Purvis St #01-01, S'pore *****3 Tel 333-9282
      10 words
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  • Page 35 Miscellaneous
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      2391 35 TODAY'S TV ihiiu—A ■HOOHWmiPBP fllllUltl 1 JJJ <««rln«n H. Grossed out comedy of US schoolklds. R(A) mil iI JOO PM TV Innovations. MO Cathay, Orchard, Yangtze. TTIOSG who adaptation of the J M Filing Sick 11 1 1040 Business Tonight. Bartnaha The secret world of body builders. R(A) Barrie classic,
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      331 36 To all those thinking of anew Millennium Resolution, may we recommend a simple word: Negligence of living to one long dull, insipid r But there is an exit, rejuvenating place. -The right to be let alone is the most comprehensive of rights "When making your choices in life, do not
      331 words
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      312 37 f Resolution, 1 ommend a simple word: JUL Negligence of living to the fullest is what seems to be afflicting this fast paced, dizzying information age. Life has become one long dull, insipid meeting. In fact you might even think that life on the fast lane is just another contradiction
      312 words
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      37 38 Peace follows an uncluttered -g mind Life's About Living. Call 357 6890 for membership details Membership Sales Office: 10 Collyer Quay, #11-04 Ocean Building, Singapore *****5. Tel: 534 4111 Fax: 438 5239 Or visit us at www.greenclub.com.sg
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      93 39 I w 'jJB Vi x jBl You livc on^once Indulge yourself atthe Green Club® 7 Step into the Ice Grotto and be re-energised at sub-zero temperature levels. Enter the deep relaxation zone in the Panta Rhei, gaze at the metal cone with water flowing down and illuminating rock crystals, or
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      114 40 pampering yourself to unprecedented levels at the Green Club Beauty care at its exclusive zenith. Pampering at its pleasurable heights. With Givenchy Spa™, the name that has elevated beauty treatment to lofty levels. Here you are treated with authentic Swisscare products. Preserve a youthful look or choose from a range
      114 words
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      99 41 I MIIOvJ, I VIM J I W| at the Q reen Qub, -g-i iCt" work out, h Ll 3L Technogym Personalised training at its exclusive best, Technogym™ has drawn encouraging testimonies from athletes and professional trainers internationally. As a member, you will receive the Technogym™ key that does everything from
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      106 42 ttf' T»ff"v ivlw frwrlrn Green Club Expressway. r t For those on the ElSt littlC 24 minutes a day to a healthy body. That's all you need with the Green Club's Expressway Nautilus™ workout programme. Designed specifically for the executives of today who are pressed for time. This programme promises
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      74 43 f*/jt~ we ll and be connected the Green Club More often than not, what goes inside usually determines how you look on the outside. You are, after all, what you eat. Get professional nutrition advice and enjoy healthy food at the Cyber-Health Cafe. Life's About Living. Call 357 6890 for
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      121 44 race y 4 bw 73 Be the first 300 to sign up now for a Transferable Membership starting from $12,800* and you could be the lucky one to drive away in a brand new BMW Z3 in Ban Hin Leong Group's Lucky Draw**. However, if you do not win the
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      29 44 INSIDE Alvin Tay says you're better off taking your money to another bank, on EMU As election fever hots up in KL, should you tread the political line? EMM
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      113 45 Bridge News Reuters THE Baltic Freight Index (BFI) rose four points to 1,271 but the Baltic Panamax Index slipped three points to 1,229 and the Baltic Handy Index was unchanged at 940. Panamax rates were less steady than the capers, brokers said. TAMXBRSi Late trade was steady for
      Bridge News; Reuters  -  113 words
    • Article
      Lock icon MARITIME STOCKS
      220 45 MT M *h M CWT Olctiibutlon 1.29 0.0* »9 Clwn HHP UO aw TOT CMcatovwtoMf*—ut OCT 19 FraiaMUnkt 033 002 MO MifcMhw oar 0.02 Hal Sun Hup 0M 002 2M HCiMmW-JiO meh 0 nil 002 «7 jSra»Sn«f« 7.55 000 MO MppilCofp SJ0 OJO V4» KapppiFElS U7 003 970
      220 words
    • Article
      Lock icon Liner groups ignore shippers' call for single freight rate
      529 45  -  Many lines going ahead with peak season and bunker surcharges By: Marcus Hand [SINGAPORE] Shippers from around the world have over the last week called for an "all-in-one" freight rate without any additional charges. However, liner groups are continuing with plans
      529 words
    • Article
      Lock icon No limited liability for forwarder who fails to arrange insurance for client
      750 45  -  ADMIRALTY CASEBOOK By I Selva Kumar A FREIGHT forwarder in England has been told that it is unreasonable for it to hide behind a limitation clause in its standard trading conditions after it failed to obtain insurance cover
      750 words
    • Article
      Lock icon Forum on third party logistics
      157 45  -  By. Ann Toh [SINGAPORE] A group of logistics experts will share their career experience and expand on the capabilities of third party logistics today and tomorrow at a forum organised by the Economic Development Board (EDB) and Ministry of Manpower. The forum seeks to professionalise
      157 words
    • Article
      Lock icon ECT workers approve sale
      111 45 [ROTTERDAM] Workers at Europe Combined Terminals (ECT) have given their approval to a plan for the acquisition of ECT by Hutchison Ports Holdings, Rotterdam Municipal Port Management (RMPM), ABN AMRO Bank and ENG Bank, the Fairplay Daily News has reported. Hutchison Ports Holdings and Rotterdam Municipal
      111 words
    • FOCUS stowaways
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        Lock icon How to stop unwanted guests
        695 46 Steps that transport operators can take to deter stowaways are much the same as those for preventing theft HousetoHouse, TT Club Stowaways, while traditionally perceived with some degree of historic romanticism, are in fact a very real problem, and can have a damaging effect on
        HousetoHouse,; TT Club; FILE PHOTO  -  695 words
      • Article, Illustration
        Lock icon Roadside vigilance pays off
        142 46 HousetoHouse TT Club ON HIS way to visit a member, David Lumby, a TT Club underwriter, noticed a trailer unit perked by the roedside. He had to stop to let oncoming traffic pass and, while he wae waiting, he eaw the driver with another men standing
        HousetoHouse; TT Club  -  142 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      295 46 PACE EngLee 13 AMI 3 ESP Unn O Accord 6 Ewr 6 AkrcnkM M tpgcnllfc S FrtUnks H AsiaOCL 13 CUnk 4 Austral 8 <*»*«« 4 Avant M 13 B'tanqMas 8 Globi 13 •ISA T Gtor > Hw M 871 M ,WSuBMup 12 BalaH Shoo 5 Hangl
      295 words
    • Article
      Lock icon SHIPPING GUIDE
      19207 53 THEBUSINESSTIMES EXPORT ETA ETA Advartisar vassal Voyaga Talaphona ETA ETA Advartisar T^*^* SIN DMfn Nmt Kama NumDar Numbar SIN Dastn Nama Nama Numbar Wjmoaf WW 2*/W ANL A PL EMERALD *S 45 *****55 To ABIDJAN (ABJ) 2003 Cot* D* I voir# two 2*/w nyk t !SL IS/10 B/n
      19,207 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        678 59 V«smI Voy Mo Bfth Arrival P6»6rtW6 Art Cirri* 1 m IjO? 07-10-6:20 07-10-33:00 Mrcopoto 46 Prw004 JT7 07-10-7JO 06-10-740 M C IMrio R T1099 J01 07-10-940 0710-1*00 MN4W 1299 J01 07 10-8:35 07-KH840 M Satria ***** J01 0710-840 07-10-2359 Marion St* 1 J04 07-10-7:50 06-104:00 n Hatry I
        678 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1896 59 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bolonco Rstls SHIp Voy Wo Etb/Btr Ported frow To Fraw M. HMHTAH MK V*5 O OjffiM WW jS/jST U 04/1700 07/0659 07/0900 01/1700 07/0659 07/0900 3 07/0700 07/189 *****0 4 07/1200 07/WW 07/1700 AUMJAYA 2 mi 06/1900 2A 04/1700 07/0659
        1,896 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        192 59 Oat 10 Taiwan: Double Tenth National Day. Oat 11 Canada: Thanksgiving Day. Japan: Sports Day Holiday. United States: Columbus Day. Oat 12 Mexico: Columbus Day (optional). Spain: National Day. Oat 18 Hong Kong: Chung Yeung Festival. Oat 23 Thailand: Chulalongkorn Day. Oat 2B Ireland-Republic OF: October Holiday. New
        192 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        754 59 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
        754 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        339 59 Cartel WO Mn 990.6 12 14.7 0.06 74 0.0S u ftiaittx Natar ImMm Ask AlwoMaa StAwrt No Am E2S 0 10 0S >3 2=2 22= 300 Am 907 J 0.4 02 0.06 31 0.02 300 Mm 99U 0J T5.7 O.n 78 0.06 M/ltl »M/M fWI WOK
        339 words
    • AIR & LAND transport
      • Article
        Lock icon Ansett NZ pilots' dispute set to continue
        279 60 Reuters [WELLINGTON] A lockout of Ansett New Zealand pilots that has disrupted its domestic air services entered its fourth week yesterday with no sign of a speedy resolution. Ansett NZ, 100 per cent owned by Australia's News Corp, is one of two airlines
        Reuters  -  279 words
      • Article, Illustration
        Lock icon Haneda airport to increase fight slots
        392 60 Bloomberg [TOKYO] Japan's transport ministry said it will by July increase the number of arrivals and departures at Tokyo's Haneda airport by 62 slots, or 9.6 per cent, enabling new discount airlines to increase pressure on Japan's three biggest carriers. Japan will distribute the
        Bloomberg; FILE PHOTO  -  392 words
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        Lock icon Let's start aviation talks anew, Taipei tells Manila
        520 60 Taiwan tries to break stalemate and end suspension of air links with Philippines [TAIPEI] Taiwan said the only way to break an aviation stalemate with the Philippines and end a suspension of regular air links would be to return to the terms
        AFP  -  520 words
      • Article
        Lock icon BA, Iberia agree on shareholding control
        234 60 Deal reached on weighting given to Spanish airline's shareholders Reuters Reuters [LONDON] British Airways pic and Spain's Iberia have reached agreement over control of the Spanish airline's shareholdings, which is expected to pave the way for a privatisation, the Financial Times said on Wednesday.
        Reuters  -  234 words
      • Article
        Lock icon Airbus aims for A3XX orders by end-2000
        388 60 Reuters [SEATTLE] Airbus Industrie hopes to begin taking orders by the end of next year for what will be the largest jet ever built, an aircraft capable of carrying up to 650 passengers on commercial runs or 150 tonnes in freight. Airbus vice-president
        Reuters  -  388 words
      • Article
        Lock icon JAL jumbo hit by lightning
        151 60 AFP [TOKYO] A Japan Airlines (JAL) jumbo jet was hit by lightning during a flight to the Australian city of Brisbane and was forced to oatucn.to Osaka late on Wednesday. There were no injuries among the 437 passengers and crew members on board and the
        AFP  -  151 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1511 60 OTY FU6HT ETA FU6HT ETO N245M 80S LK7T 2390 MaWfc *—TT» tr r $***** IMS MZ45OT 2350 UMM Ml S0200* 2350 JO230 1850 UMI Ml Imtiftm S023 0705 ILM4 0040 —S S SO327 0745 HJ38 2300 »989 1645 S0990 QMS M973 0MS SO321 2325 S0003 INS
        1,511 words
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      81 45 Reliability Round The Clock. m M Advanced Port Solutions To Ensure Your Peace Of Mind 24 Hours A Day, m §> 365 Days A Year (and 366 Days A Leap Year). m M I9TV Port of Tan J un 9 Pelepas M I RELIABLE EFFICIENT ADVANCED M Pelabuhan Tanjung Pelepas
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      360 45 IN 1998, a member of the transport mutual insurer TT Ckib, in Spain, arranged tor a sub-contracted roed haulier to coflect a load of empty glass bottles from a factory near Barcelona, for transport to Italy. The pallets of bottles took up the whole width and length of the vehicle,
      360 words
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      1227 46 I HUkfHAmmkA I I BCPOHT I I OTWCT OiOTWMTTOWS 1 88X-SUPERSHUTTLSBXPram-OMCTTOLONQMACH 11 WWOOABTOFCWTWALMWCA(MAHQAWTAMWVIC* PJSJ m/arm im MMnw 5 «IM VOT |Ml fIOMTLU KAJUTU UM *****0 CO4BTO H CM4BI WWWMU mil* OOOMBKA MM] IJ/14 i3/W M/ 14 11/11 M/ 11 4J/1I M/ 11 11/11 Kfl MM M/ 11 M/ 11 11/11
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      585 46 •ft Unas A services represented u by Members ol the Registry of jflHjk Members o! the Accredited Shipping Agents, £uufiU Shgspore Freight Forwarder* >'pore National Shipping Aaeoc. Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULX PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 20/10/99 BOOKINGS CALL MONKA/JUUA TIL
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      961 47 TO EUtOfE FHOM EUBOPE Ivesa vot t« <■ ma my sai nr tfli Ivesa varraiMiHUiWsaim ia «n NT MOMSS now 11/10 a/10 30/10 02/11 27/10 NTMR 3201 14/00 10/00 21/00 15/00 00/10 apiaumnnne 3iiw 14/10 00/1103/11 o«/u 01/11 uto« 57* 10/00 21/0* 24/00 25/0013/10 ■MS S32W IS/10 31/10 02/11 OS/11
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      1956 47 (g) HANJIN SHIPPING IkPl 90 sszs hmumshttmcfS)rntre m» nxm vtm&va managers mqshi ompip* otowwrtbik»»i imus tbova hu mm (ibiismssb TO NW USA A CANADA USA fiWlift' Ima/wr rar m imhas/voy su tm m m 01 nf if T~Si nt lIS m m 'to NJHMMS M/II 17/ M MKI m/ii ®S/U
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      281 47 hm 1 J*.! j°.l MI MKT awlville/w -I I M/w M/ 11 1 |[]a I B/ii I Bfll logifK flgjffiHSffij BBCHBM -I- I »1» Im/W| WW 11/11 14/11 IS/II BArroililc ?14S I IMP I|M» jfirf JSC Mlffijljl/H mam a Ib/w|ww ib Iwwlwu u/w ivw u/w I fig I !^{STitylSltHSiijSil BtlHt/illIy7!rl
      281 words
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      1331 48 DSR-SENATOR LINES TO UK/CONTINENT TOMIfIMI'KKRANEANCANADA vtssa wi *5T La htm mm mm sav ax «aa Ivor T» ai ik fb m roTUMM mam mh 2111 a* an aw an jap** saATw (m»iw Inn mm an a* mii NMUMMLMMCTON MM 12.11 a.lt a.ll 31 H M.ll ail M.ll PATHOS SEMTOH SM2W
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      802 48 Carter Ml pJKL'f|£" -K-A" I 8SU;(064)*****9 MAMLA:(632)*****24 V W v PENANG: (04)*****96 BANGKOK: (662)*****67 SURABAYA: (31)*****11 P. KELAMQ: (08)*****77 JKT (21)*****46 KUCHBBG (DB2) *****1-3 DIRECT CONSOL TO:VALPARAISO MANZANILLO VERA CRUZ PUERTO CABELLO BOOKING, PIS CALL CYNDI/CALLY/XIUHUA CALL: mdHiaum V —-v_ Eastern Car Liner, Ltd. 10 *SS #07 tag-wong whip £E2i
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      596 48 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMMI S PORE N. SHEVA COUNHO P KLANG TIN. St OAS *115 12 OCT 21 OCT 25 OCT 31 OCT TARPON SILVER VIB6W II OCT 20 OCT (2 NOV 17 NOV CAPE CANAVERAL VII3W 25 OCT KNOV MNOV 14NOV TULSIOAS V.IIB 31 OCT FOR DRTDOCKING
      596 words
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      1633 49 VOV KHH HKO SIN PKQ PQB DXB PMM 8A 8* MAN TAKHTI PCL-5122 29/09 01/10 08/10 08/10 18/10 18/10 17/10 10/10 21/10 IRAN TABATABAEI PCL-5123 08/10 08/10 12/10 13/10 22/10 23/10 24/10 28/10 28/10 ■RANSATTARI PCL-5124 13/10 18/10 18/10 20/10 28/10 30/10 31/10 02/11 04/11 HMNBAAKERI PCL-512S 20/10 22/10 28/10
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      1144 49 Wnkly Dir«t Coils to Koto (6 Days)] Nflfoyo (7 Dflyi) Ibkyt (I Nyi) I ISINGAPOfII'S GENERAL AGENTS: 80 ROIINSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OfFKE COSTAR SHIPPING PTS LTD 112-00 saies/iics «*****7/ m inward dept (d/o) 420szis COSTAR AGENCIES (M) SDN BHD a NO: *****W0000*
      1,144 words
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      1069 49 I PIOW PCHmS SUVKI I BOOK! IMPORT I Mlll§ll§lllillfflllilr 1 lllllllil ACOWO OMOOBIO AMOM l)OOMML MiaNHIIWM. NOSCOW, SIIIIMMOOi <M MMO I) MBWMP WA 01M TMWSMCWC SIKVKJ EXPORT IMPORT yRW IWW r» I la I Mi NgyOOMOBNItIIMNIOiN- mjfl S LGI au S HJ LONDON :m *)0710 21/10 'OlTll 'RAflgygg WiWUMNGTON 009W
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      1223 50 151 sr. sr. a, r s»y" %z.a a as Sisflil E. DIAMONO RW-VII 17/1B 04/11 11/11 80/11 88/11 88/11 13/11 E REACH REB2S 23/ M 22*0 24*0 2VM 14/1B IS/IB E. DELUXE RW-012 24/11 11/11 11/11 12/11 14/11 IS/11 1«/11 E. ROYAL RE-844 20*8 M*B 3MI 81/1B llflll ASIA/MEDTTtRfIANEAJiBLACK SEA/EUROPE
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      617 50 rjSSgpf# PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR_NQMOgeO67OOOOe limstL vot ws _j«_ m iff BHI WMI HI fttZ B| lOTA mm* n»«o4i n/i« 11/11 11/11 is/ii w/11 1/11 1/11 11/111 I HMAIBATMI W 11/ It 3jzjjl M/U H/U J- j £11 3E113
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      383 50 59 TaOK 9LANGAH ROM NMt UirURICUK. I HM —II TEL *****11 (6 Hint) FAX: *****06 TLX: RS ***** CR NO. 20P*****000W VESSEL VOV. En ETD DEHMTON ummu 12m unm untm rmmm mamma aa unm wmi mammr^mLMum MMMA MM Wmt MMM MUnMMMMMMMMMIFMn ff Macirin Md booU««t pltita cnW> BEABPACE SHIPPING (8)
      383 words
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      477 51 I BSA n.l Ml MYANMA FIVE STAR UNE ■T (Myamor Notioaol Line) Loading for Yaagoa (Raagooa) VESSEL VOY SIN PKI KM PGU RING TUNG 4W SID SAGAJNG 62W Sl* MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES RUL TEL (03)*****00 P*L TEL (03) *****01 PEN: m (04)*****02 PGU: TEL (07) *****21/4 BANK LINE
      477 words
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      1315 51 \HMAW 1 HYUN^^AERCHANIJJAARINECOj^^D^^^^^^ Ivissa vot sw sou im rail abtlhami my Ife ifwssa wr sob im rhp «m ham my m rSTI NOL CORAL 010W 00/10 21/10 30/10 24/10 26/10 NT MM 3201 15/01 22/W M/M 21/0101/10 HYMGMESS 320W 11/10 27/10 21/10 30/10 02/11 lALOMI 52* 24/01 25/01 11/01 21/01
      1,315 words
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      903 51 IWALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" ivissn vor ramp hdght S lax ckl mu sav ml o«f mtc mv hob TAMPA AHO7 400k» ajm IOT WT WTr 7T7TT WTT WTT WIT *712" TALAOOT AHOS 400 1m AJM 31/10 24/11 04/12 07/12 00/12 11/12 12/12 14/12
      903 words
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      809 52 mWKOMWU FHUT/LAIMCWAiAMO] J A K AWT A/PA N JANG VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 436H 08/10 13/10 12/10 BAN! BHUM ***** In Pt 10/10 XETHA BHUM" 304N 10/10 13/10 14/10 BUNGA MAS TIOA *****7 08/10 13/10 ACX SWAN 398E 11/10 15/10 15/10
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      334 52 ps>ESSH INDONESIA NATIONAL LINE TO AUSTRALIA "T~ Rjuooirouwwwwwcg Y& HS SI I M I STB I t I It IMI mwwnr Iml ii/w u/i» m/i«»/h »/u m—uu It*. I u/m n/u 11/11 n/i] m/ii now ■BMW [a I w/ii H/ii 14/11 14/11 tyn lie I »i«I»i/ii| |w/ii|w/ii| pi/illFEEDER SERVICE TO
      334 words
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      701 52 VESSBS VOY aw I PKL I JH> I MLA LBl RTM HAM 7** «"T VELEPORPN V33tN 12/10 lyio 22/10 27/10 Ot/11 03/11 04/11 06/11 07/11 VXEOCMBAOSA V3*H 16/10 19/10 26TK> 02/11 08/11 oyil 11/11 12/11 14/11 VXE DC TANYA T3*ti 36/10 28/10 06/11 11/11 17/11 16/11 gyil 21/11 2VII VaiEDETAUWUS
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      54 53 FAR EAST LINE ■Mai Direct Brcikbulk/ContEincr/LCL EUROPE Service to Manila/Guam/Saipan FULL CONTAINER Agents: V-Grow Shipping Pte Ltd I See Page 7 Daily EXPRESS SERVICE TT~T Asia Oceanic Turn To Pg 5 Container Line Weekly Service to Belawan/Sin/P. Klang Twice-Weekly service to China China Shipping (S) Agencies Pte Ltd Turn to
      54 words
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      41 55 ma mf _Sr (Retrieve more schedules!) Press *1" select the port and key in SnCj the four digit code eg: To New York (NYC) 2275 <£> Key in your fax number J Enter your phone number The document will be Shipping Times
      41 words
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      130 56 (fcf L^f^mmmmmrnjm^_: {FOMST PtOOUCTS SQVKE) (Semi-Coo Service Far diTKtma. bland Frrmantle Coco. Isknd) Hgorisgyjg "Aho call other wert Australia ports subject to inducement j nor sin «u rau vissa voi sm ai fml cos HNSIHIAV3U UU» SMU4 SMUD THORMSTIM 44® 31/10 44/11 11/11 22/11 utmmntimmflmmmm»/mnmr nnc kiksten 4SSI w/ii 44/12
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      169 56 im—i irnv «oo op* «na hko nam wtm rm. POTSPAMOO2W a sß> 2L9EE 8B» ~WPC7 WOCT a OCT £££1 jttlga— 03 OCT 06 OgT <f7 LL2SI !£2£l o«wgv sjgg 2lgS— 10 OCT 12 OCT 14 OCT 18 OCT 22 OCT 11 NOV 13 MOV ALSO ACCEPTING CARGO TO: UK MLANO
      169 words
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      111 56 nm TIMS/ win yuuwcs: r. mMw/swcorow SOUTH WUND Em »r ea«« m ommt m «/)««c mtiSMi ais nitm b/iim ■M*q«ii BB i«/w«n 11 ill ma jmjami m mm—mm ■mam w? iWPg) mutant rm ivukmm ivnwn .mmhhpp Kssa wr ai raw mm am nm w/jown ~Wiero BMusmi www w/iotsin lnotsaa ommt
      111 words
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      635 57 SAMUDERA SHIPPING LINE LTD MAIN UNI/OUTWARD: 532 368S INWARD (WD): 437 23M IMPORT STATUS (DIDY. 437 2371 INVENTORY (DID): 437 2420 Website http://www.MMvd*n.<on CI MO. **********0 D BOOKINGS UNE: 535 6266 (CeliaAtossko/Mei Chgn/Jeslynn/Pora/Honim) 8 SLGS/WEEKLY 3 SLGS/WEEKLY Ivissa VOY SIN I JAK VOY SIN IKK (LOO W (PAT) rS/in in/10
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      860 57 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I I Wfi I SB I JKI I HB I HMf I FM I CM I MMI I mi I MYI I Otf I SAY I IBW I UM I HOM I IwyfiM MM /mi! I IS/I# I If/10 I 22/10 I
      860 words
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      469 57 in swpwft co ptTB»I I M >MM7t to|M>M«/SMWW I VBSH VOT SMEU SMITB KSTMUION Buonctori 9/99 07/10 09/10 Dwn/Nnwi Dm DM 11/99 09/10 11/10 Dw/BIM/F IM Unw&3? J/99 09/10 11/10 Jctano Unm Star 20 6/99 09/10 10/10 Smog •tocoWo??? 10/10 17/10 ximc Ganda IU 7/99 10/10 11/10 MM UnonSttß 5/99
      469 words
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      520 58 I VESSEL VOY SIN^^MAJkSJNI TIGER BAY 738N 06-09/10 14-17/10 22 23/10 I TIGER ISLAND 739N 12 13/10 17-21/10 26-27/10 I TIGER PEARL 740N 15-16/10 21 24/10 30-31/10 I TIGER SEA 741N 18-WW 24-28/10 01-02/11 I TIGER BAY 742N 22-23V10 28-31/10 05-06'11 I TIGER ISLAND 743N 26-27/10 31-04/11 09-10/11 I IVESSE^^^vo^^Sl^^CA^^Sl^^l
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      874 58 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: fUsin®singn*t.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG PLEASE CALL OUR TOLL FREE UNE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee *****71 bobbyOflesin.com.sg
      874 words
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      821 58 hrknkh§ l mr*yaK *****90 Q |g| JOL lM*d w lb 01 mi irrcinj I lm m nc hoi oo ta OOQMOU3KM 11/11 03/11 04/11 04/11 83/11 OOQMMUJmS 14/W 15/W 14/W 17/W 22/W I*oo 00Q (MJKMt ***** 20/10 05/11 10/11 |(|/i| OOQ UUFOBU 3W534 71/W H/W 23/W H/W 79W 17/10 it/it
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      112 58 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION SOUTHERN QUEEN 11/10 13/10 SURABAYA/BE LAW AN CHAHAYA VICTORY 13/10 15/10 JAKARTA/PANGKAL BALAM CHAHAYASTAR 15/10 18/10 COLOMBCWtSAJOCALCUTTA JUBILANT 18T10 21/10 YANGON REGULAR DIRECT CONTAINER ABREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DON ALS EXPRESS 09WB 18/10 29/10 03/11 ALS ENDEAVOUR 10WB
      112 words
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      85 59 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated, Shipping Times now features a full page on logistics on Thursday every fortnight with news of current
      85 words
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      84 60 MYANMAR TRADE NOTICE TO TRADE EMERGENCY BUNKER SURCHARGE Bunker prices have been increasing steadily over the past months. In order to recover this increase in cost, the undermentioned Lines have unanimously agreed to implement an Emergency Bunker Surcharge of US$5O.OO per 20'/US$lOO.OO per 40*. This shall take effect for all
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