The Business Times, 10 November 1999

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Total Pages: 48
1 48 The Business Times
  • 13 1 THE BUSINESS TIMES MITA 850 SINGAPORE Internet: http://business-times.asial .com.sg/ WEDNESDAY, NOVEMBER 10. 1999
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  • 63 1 Dsn 211&06 (+6.53) BT-SKI 804J35 (unch) SIMSCI HJTUIES 292J0 (+2.20) STOCK HABKET INDICES Tuesday Change KLSE COMP 715.54. -5.81 NIKKEI *****16 +51.18 HANG SENG 13.***** +***** SET INDEX 426.42 +1135 JAKARTA COMP __.138.82 +10.51 MANILA COMP __l.987.Si -062 TAIPEI WPI 7.362.69 -38.80 SEOIXCOMP S43.46 +35.86 CLSA CHINA B
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  • 80 1 FOSEX SATES uss ss L'SS 1.670 XflSS'SS per 1621 2.707 ElTtt)(l'SS/SS per E) 1.099 1.734 D3fl li» 0.887 YEN 105i 1.588 RM 3.8UU 0.439 HKS 7.772 Oil5 BAHT 3853 0 043 RIP! AH 6.842—0.024* SS to 100 units PBIHE SATES SINGAPORE* 5.80 ■niaiiwnt 7.25 JAKARTA 40.00 BANGKOK 10.00 MANILA
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  • 786 1  -  He says his goal remains to torn bank into world-class financial institution By\ Siow Li Sen [SINGAPORE] OCBC Bank chief executive Alex Au said yesterday that he is with the bank for the long haul, assuring investors who have been selling
    Source: Bloomberg  -  786 words
  • 628 1  -  He has 'more important things' that need to be tackled at home, says foreign minister Front Eddie Toh in Kuala Lumpur IN a move that sparked speculation of an imminent general election, Malaysian Prime Minister Mahathir Mohamad last night cancelled plans
    628 words
  • 684 1  -  FEB is set to merge with BPI to form the largest banking group in the Philippines W Ling Su Ann (SINGAPORE] DBS Bank added another piece to its regional empire yesterday with the purchase of a stake in what will become
    684 words
  • Page 1 Advertisements
    • 95 1 nrsms Top stories IMF ran managing J director I Michel n A Camdessus Vj|_j| to step down prematurely. Pg 22 |B[ I%a K ;SSs£jß iMs? >■ I Jurong Shipyard announces five-for-one stock split to improve trading liquidity, says chairman Wong Kok Siew. Pg 4 ,v M'sian industrial output up sharply
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    • 47 1 listed firms to go on the HOCK I OCK Slf W f'n > ■II JH^ 65/737 64 51, Fax 65/235 82 00. Dickson shops: The Centrepoint, shops: Lucky Raffles Ngee Ann For Chopard Asia Pie Ltd, Temaaek Boulevard, 38-02 A Suntec *****7, Tel. 65/333 0801, Fax 65/333 0803.
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    • 11 1 DBS sees its shares trading as high as $35, Pg 5
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  • NEXT page
    • ON THE grapevine
      • 140 2 THEY say that one way a company can hold on to its good people is by giving stock options. But what happens if its stock then turns out to be a superstar? Consider the experience of Steve Chang, president and CEO of Trend Micro, the wildly
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      • 115 2 IT is boom time for chief executives of Australian listed companies. A survey by the Australian Financial Review newspaper found that the average pay of CEOs of the top 100 companies has gone up by 22 per cent this year, with average annual remuneration now at
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      • 42 2 THE latest newsletter of the Singapore Island Country Club (SICC) shows one of the things that KK Fong has done after the listing of his company, I-One: he bought an SICC membership, which probably cost him around $120,000.
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      • 59 2 EVERYONE knows that things in Internetland move many times faster than in the real world. But no one probably drives 'em harder than David Hancock, a computer executive with Hitachi. He pushes his team with this slogan: "Speed is God and time is the Devil." Wonder
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    • 726 2  -  It supplements local talent, and helps as to achieve a blend of global talent, he says Catherine Ong [SINGAPORE] The managing director of the Government of Singapore Investment Corporation (GIC) has joined in the debate on foreign talent, saying that they are
      FILE PHOTO  -  726 words
    • 514 2  -  Finance ministry advised that SBBB.com has not contravened present Pyramid Act w Toh Han Shih [SINGAPORE] Multi-level marketing schemes like those used by Internet shopping mall SBBB.com will become illegal in future, said the Ministry of Finance (MOF) yesterday. This will be enacted
      FILE PHOTO  -  514 words
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  • BERLIN WALL anniversary
    • 641 3 In the 10 years since the fall of the Berlin Wall, vested interests and corruption have impeded progress in the ex-Soviet bloc IHT TEN years after the fall of the Berlin Wall threw the economies of the former East Bloc open to capitalism,
      IHT; FILE PHOTO  -  641 words
  • Page 3 Advertisements
    • 95 3 Global Payments and Cash Management |»AI^AWAOA^ IHB HK'B fA U L CO6AR KUM lW ''Sfl BEiiiziiJßi Our cash management team have won F.uromoney magazine's "Best Transaction Services in Asia" award. This award recognises our excellence in one of the most competitive areas of banking. With HSBC you can be assured
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    • 558 3 E Germans yearn for the bad old days, Pg 12 MACQUARIE MBA. Your Leading Choice in Management Education. Macquarie Graduate School of Management MBA \mIM 2 vear part-time programme 16 course units IV.kSM.VI r MACQUAHE GRADUATE Master of Management (with specialisations in Marketing Management or International Management) 18 month part-time
      558 words

  • Page 4 Advertisements
    • 126 4 S' v 'TW' FREQUENT rrtjy a T^lTT^r^"^ JLI% I# I Cx Receive A 2 5 Voucher For Every $100 Commission With eq.com, on-line trading is fun and rewarding. You can trade shares, check market trends, stock quotes and indices. And the more you trade, the more benefits you will enjoy
      126 words
    • 180 4 Wei I Net Holdings Limited (formerly known as Burwill Holdings Limited *«»■««£s (incorporated iii Bermuda with limited liability) CHANGE OF COMPANY NAME The Board of Directors of Well Net Holdings Limited (formerly Burwill Holdings Limited) (the "Company") announces that the name of the Company has been changed to "Well Net
      180 words
    • 6 4 Buy It. Sell It. Find It.
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    • 384 4 IN THI MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of MERCURIA HOLDINGS PTE LTD (In Voluntary liquidation) MEMBERS' VOLUNTARY WINDING UP Al on Extraordinary General Mooting of it* Members of ihe obovenomed Company duly convened and hold at 3916 Otchord Rood 1305 Ngoo Ann City Tower
      384 words
  • SINGAPORE companies
    • 685 4  -  It will also change its name to SembCorp Marine and divest non-core businesses Ry Conrad Raj JURONG Shipyard (JSL) yesterday announced a five-for-one stock split to improve trading liquidity and the changing of its name to SembCorp Marine Ltd. The company, operator of Singapore's leading
      CHRIS LOH  -  685 words
    • 287 4 L&M Group Investments' plan to list a subsidiary to raise much-needed funds is not going well. The adviser to the company's independent directors said so far, only five of L&M's 23 creditors have approved the proposal to
      287 words
    • 205 4  -  MEW LISTINGS By Audrey Tan MAINBOARD debutante Asia Power Corporation ended its first day's trading yesterday at a 23 per cent premium over its offer price. The Singapore-incorporat-ed company was the most heavily-traded stock on the Stock Exchange of Singapore, with a
      205 words
    • 117 4 A BATHROOM and kitchen products distributor has received in-principle approval from the stock exchange for a Sesdaq listing. Sim Siang Choon, incorporated in 1994, intends to issue 25 million new shares representing 20 per cent of the company's paid-up capital. DBS Bank
      117 words
    • COMPANY Briefs
      • 52 4 Reuters [SINGAPORE] Credit Lyonnais has issued six million European style call warrants relating to Singapore Press Holdings stock. Ten warrants control one stock. The warrants have a strike level of 5524.9764, issue price of 510.8492, premium of 13.9 per cent and gearing of 3.46 per
        Reuters  -  52 words
      • 55 4 AFX-Asia [SINGAPORE] Cafe Holdings Ltd said it has obtained 98.8 per cent acceptances for Asia Ltd at the close of the offer yesterday. Itlntends to exercise the fight 6f compulsory acquisition of the remaining shares *t $1.15 per share. Following that, Delifrance will become wholly-owned
        AFX-Asia  -  55 words
      • 98 4 AFX-Asia [SINGAPORE] Wee Poh Holdings said its units Wee Poh Construction Co (Pte) Ltd and W&P Piling Pte Ltd have collectively secured about $46 million worth of contracts. It said the financial impact of the contracts will be reflected in its results for
        AFX-Asia  -  98 words
      • 92 4 Corrections clarifications IN A Reuters story headlined "Capital Group's stake in SPH rises to 5.5%", published last Saturday, it was wrongly reported that the Capital Group had been given six months from Oct 21 to sell its excess holdings. The Newspapers and Printing Presses Act, which rules on the 3
        92 words
    • 420 5 Financial services group aims to raise ROE to 15%, says chief financial officer Bloomberg DBS Group Holdings' stock could rally as much as 75 per cent in the next two years as the financial services company moves to
      Bloomberg  -  420 words
    • 609 5  -  HOCKißTairrera lee han shih THERE is a way to ensure good disclosure for the Singapore stock market make it mandatory for companies listed to set up their own Web sites and keep them updated. So far most listed companies have kept a respectable
      609 words
    • 173 5 ST ENGINEERING continued to fly on the stock market yesterday, surging another 3.6 per cent to $2.57 on heavy volume of 5.78 million units. Based on yesterday's close, the company is valued at $7.3 billion. Among its ardent supporters is the Capital Group
      173 words
    • 340 8  -  I > Boost from new property launches; growth reckoned to pxceed OCBCTs Teh Hooi Ling United Overseas Bank Eup's consumer loan book f grown 30 per cent in the t six months of this year, fetid its senior vice-president and
      340 words
    • 512 8  -  UOB ties up with Sing Tel onit to l&nnch Mobile Banking Pins By> Teh Hooi Ling UNITED Overseas Bank and Sing Tel Mobile will launch today a service that practically puts a personal automatic teUer machine, and more, in customers' hands. With the UOB
      ARTHUR LEE  -  512 words
    • 274 8 SINGAPORE Telecom's subsidiary, Sing Tel Mobile, has secured close to 60 per cent of new mobile phone customers over the last two months, its chief executive Lucas Chow said. Mr Chow attributed the strong growth to Sing Tel Mobile's successful launch of its
      274 words

  • Page 5 Advertisements
    • 220 5 COLLECTIVE SALE BY TENDER MANDALAY COURT near novena mrt Site area 48,582 sq ft U Monardiy^^^^^^^ r \V P l rati 2 8 30 store Y Quiet environment in District 11 AlUin VJC Sale subject to STB's approval 2 \A ""—w rCC s Revenue Tender Closing: O House J NT"
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  • SINGAPORE markets
    • 503 6 Stocks Volume Asia Power US5c 64,320,000 Golden Agn US10c 47,975,000 •Gentinglnt 41,678,000 Asia Food&Prop US$ 34,338,000 Hotung Irrv NT5 22,989,000 Medtecs US5c 19,824,000 Somerset 50c 15,659,000 Eagle Brand HldgsHK75c 11,350,000 Van der Horst 10,310,000 EconWtOO 9,960,000 Stocta OCBC 85.867,126 OBSGrp 50,731,342 OUB 33,143,995 SingTel 15c 26,489,929 Golden Agri US10c 23,903,095
      503 words
    • 560 6  -  STOCKS ven sreenivasan STOCKS started this week on a positive, but quiet, note with interest focused largely on second liners, small caps and selected blue chips. Dealers said most institutional investors were still on holiday following the long weekend. Several US dollar-denominated
      560 words
    • 187 6  -  WARRANT WATCH By Ven Sreenivasan TODAY, we look at the Guthrie GTS warrant, an Indonesia-linked counter which is likely to attract interest now that Indonesia is regaining some semblance of stability following the recent presidential elections. The instrument gained three cents or 12.2
      187 words
    • 225 6  -  HOT STOCK By' Ven Sreenivasan PARKWAY Holdings has been rising since the end of last month. However, the stock took a breather yesterday, losing 10 cents to $3.28 on a volume of some 1.6 million shares. The counter has established support at around the $3.20
      225 words
    • 133 6 ♦9am. 12th Science Research Congress. Organised by NUS ♦11am. Official opening of Federal Express Asia-Pacific Data Centre Malaysia Company meetings: Sime Darby Bhd, Tongkah Holdings Bhd, Lion Corp Bhd, Pantai Holdings Bhd and Paramount Corp Bhd Thailand Company meetings: Radanasin Bank pel, Rattana Real
      133 words
  • Page 6 Advertisements
    • 219 6 NATIONAL ARTS COUNCIL Our mission is to help nurture the arts and develop Singapore into a vibrant global city for the arts. If you are a university graduate with at least 6 years of relevant working experience and have a strong interest in the arts, we invite you to join
      219 words
    • 101 6 Short of cash to invest? Triple your cash with our Margin -inancmg 1 Call DBS investor Online ar 323-3955 today. ©IXiSBANK Larry Wee's currencies column is on Page 32 Freehold En Bloc Apartments At Rochalie Drive off Tanglin Road Income-producing, sought-after by expatriate tenants Prime district 10 Land area: 2,850.1
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  • Page 7 Advertisements
    • 211 7 One company offers complete, value-for-money solutions sounds, it's a complex business operation supported to help prevent poor security nibbling away at your profits, by five major divisions at CISCO. The tried and tested i rTC m expertise of these divisions is available to you not and gnawing at you. LlbLO,
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  • Page 8 Advertisements
    • 95 8 Lframeless pnßj I i||l 1 L 11 i I Tanjong Katong Complex, 5{*****5) I I Tel: *****46,*****47 IfflHHHjl^; =====EEEE^===^mrTx^^^^====^ rTOI TT international jjj j k«t|%^ published H— ,lv M»««paper I XlfM* ,aw Tl if- t i. Wake up to the world. It's critical to know about global trends before they
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  • Page 9 Advertisements
    • 114 9 ML. be Ik. VACHERON CONSTANTIN ,m^i P .^|H ?&s*§& g*§s|i££Sfe ?Se&&^ TlJ^vO*'. '«^jS, »^?»v"t'^ i -'-> S^' r*»£ss V §F* 7^ V T.' $jS -i >*V Jy fpp '-^Wi^W^y-f p*3pl| v .-^-J/> i /y */>"■- '*i ►V*-i"S" t l\s-" I f'^.; 'Ife' > •**>-• >C-a M.WrM v v v 3.
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  • SINGAPORE news
    • 377 10  -  It plans to cater to the ageing population, add new distribution channels By\ Soh Tiang Keng NTUC Income, which reaped gains of $650 million in the first nine months this year, last night unveiled a fourpoint business strategy for the 21st
      377 words
    • 233 10 RAIS Yatim, a former Malaysian foreign minister and deputy head of the breakaway Parti Melayu Semangat 46, will be called to the Singapore bar today. This means Dr Rais, who obtained his doctorate in law from King's College, University of London, will
      233 words
    • 429 10  -  Holders can also use it as rash card, AAS membership card By. Eugene Low AS part of its latest marketing campaign, BP Singapore has teamed up with the Automobile Association of Singapore (AAS) to launch a new discount card today. Apart from
      429 words
    • 311 10  -  BTi^nki^ By Carol Eng BASS Hotels Resorts' contract to run the Royal Crowne Plaza hotel for the Brunei government is ending and it is "actively seeking" a third property in Singapore. The Brunei government also plans to manage the hotel at Scotts
      ARTHUR LEE  -  311 words
    • 303 10  -  By' Toh Han Shih THE Anglo-Chinese School board of governors will redevelop the ACS campus at Barker Road and Anglo-Chi-nese Junior College (ACJC) at Dover Road for roughly $100 million. ACJC will be renovated at a budgeted cost of $26 million,
      303 words
    • 505 11  -  In a speech at Harvard University, he talks about prospects for Asia From Leon Hadar in Washington DEPUTY Prime Minister Lee Hsien Loong said on Monday that two years after the start of the Asian financial crisis, there are signs
      505 words
    • 942 11  -  PEOPLE By Parvathi Nayar ONE wept into advertising because he thought journalism was boring. The other went intjb advertising because he hated graphic design. Such decisions of the heart setm to have paid off, because copywriter Troy Lim and art director Kelvin Ljm walked away
      SIEW YAW HOONG  -  942 words
    • 269 11  -  By Ling Su Ann SWISS-LISTED Movenpick yesterday said it will open another Marche franchise and launch its coffee products in Singapore next year. Bruno Schoepfer, chief executive and managing director of Movenpick Group, said that in the next year, the company will
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    • 173 11  -  Ang Hwee Suan (Ms) Head (Public Relations) for Chief Executive Officer Chief Planner Urban Redevelopment Authority I REFER to the article "Higher plot ratios likely for certain districts only" by Lee Han Shih (BT, Nov 2). Mr Lee has got his facts
      173 words
    • 234 11  -  Ren Lang I YOUR report, "Johor developers in drive to sell to cashrich Singaporeans" (BT, Nov 8), may sound like good news to cash-rich Singaporeans hoping to diversify their investments. Is this sudden liberalisation an opportunity they should cash in on? If they do,
      234 words
    • 319 11  -  By Marissa Chew THE cost of building materials, which has come down over the past couple of years, continued to slide in August, with the building materials price index falling 2.8 per cent to 112.4. A year ago, the index was at 115.6
      Source: Dept of Statistics  -  319 words
  • Page 10 Advertisements
    • 79 10 Risk. Covered by Allianz Group. J#*' S• t I i 'W f Wherever you are. Whatever you r f I do. The Allianz Group is always on is j\ I your side l'o i:> rivlx nu'.ins thinking tho unihink.ibK i>> I f I I r'-' V ,:i nukt- Alluin.* ciuuip
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  • Page 11 Advertisements
    • 37 11 E-mail: btletter@sph.com.sg You can email us at btletter@sph.com.sg, fax to us at *****71, or mail your letter to The Business Times, Times House, 390Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number.
      37 words
    • 146 11 ARfiS 0 r t That s Also fl Home Imagine being able to, quite literally, stroll down to the beach A at the end of your working day. You can at Mandarin Gardens, jf Singapore's only full service apartments by the sea. Apartments range from one bedroom to a penthouse,
      146 words

  • EDITORIAL & opinion
    • 729 12  -  JDjMM OPINION shoeb kagda The writer is BT's Jakarta correspondent WHEN President Abdurrahman Wahid took office last month, he pledged that national unity and social stability would be the two overarching goals of his government At a press conference last week with foreign
      729 words
    • 110 12 'By just being myself.' -Joseph Estrada Philippines president, explaining how he intends to reverse a recent downturn in his popularity. 'We're actually trying to preserve the family, to protect loved ones from the stress that comes from suspecting your spouse is cheating.' -Ronnie Brock founder of the
      110 words
    • 598 12 EDITORIAL SOMETHING unusual happened in Hongkong politics last week In a rare show of solidarity, all major political parties, including the Democrats, welcomed in principle the long-awaited deal between the government and Walt Disney to develop a theme park While the Democrats and other
      598 words
    • 1055 12  -  10 years after the Berlin Wall came down, east Germans are convinced life was better before Quentin Peel FT EAST Germans are in the grip of nostalgia, west Germans are fed up with subsidising them. What has happened to unification? They
      FT; FILE PHOTO  -  1,055 words
    • 973 12 WTO charade DEMONSTRATORS plan to converge on the World Trade Organisation's (WTO) ministerial meeting in Seattle to try to thwart the launch of a global trade round. Perhaps they need not bother. The way things are going, there may not be a round or any other
      973 words

  • MALAYSIA news
    • 444 13  -  Market seen staying cautions amid MSCI delay, impending general election From Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S September industrial output rose strongly to its highest in almost six years, led mainly by semiconductor demand, analysts said yesterday. But the prospects of
      444 words
    • 261 13 Reuters [KUALA LUMPUR] Malaysia Airports Holdings Bhd said yesterday that its offer for sale of 88 million shares at 2.50 Malaysian ringgit each to the public was 1.9 times subscribed. Malaysia Airports said a total of 85,876 applications with a subscription value of RM4I7 million
      Reuters; REUTERS  -  261 words
    • 285 13  -  Results fall below expectations on an annnalised basis Frrtm. Ruth Wong in Kuala Lumpur MALAYSIA'S largest banking group Malayan Banking Bhd (Maybank) yesterday reported net profit of 256.4 million Malaysian ringgit (Ssll2.6 million) for the first three months to Sept 30,1999, or
      285 words
    • MARKET moves
      • 110 13 MALAYSIAN conglomerate Renong Bhd and construction giant United Engineers (Malaysia) Bhd (UEM) saw their shares hammered yesterday following reports that Halim Saad's steel company in the Philippines was shut down after failing to repay its debts. National Steel Corporation (NSC) has debts amounting to
        110 words
      • 70 13 DIVERSIFIED Malaysian Resources Corporation Bhd (MRCB) saw its shares tumble following unconfirmed market rumours that it was planning to divest more assets, including its 25 per cent stake in prized independent power producer Malakoff. MRCB shares shed 19 sen to RM2.37 per share. Malakoff surged 40
        70 words
      • 86 13  -  Compiled by Ruth Wong SHARES of financial group AMMB Holdings Bhd rose 10 sen to end RM7.55 apiece after releasing a set of strong interim results last Friday. AMMB reported a net profit of 180.6 million Malaysian ringgit (Ss79 million) for the first half
        86 words
    • 428 14 KUALA LUMPUR Dr M improperly used public funds to have B&knn project shelved, he alleges Reuters JAILED former Malaysian deputy premier and finance minister Anwar Ibrahim told his sex trial yesterday that Prime Minister Mahathir Mohamad had intervened to have a multi-billion-dollar dam
      Reuters  -  428 words
    • 158 14 UKUALA LUMPUR Bloomberg MALAYSIA'S foreign exchange reserves rose 0.7 per cent to U5530.21 billion (5550.4 billion) on Oct 30 from two weeks earlier, its first gain in two months. The reserves rose US$227 million in the two weeks since Oct 15, said Bank
      Bloomberg  -  158 words
    • 623 15 JOHOR BAKU About 40% of office space, 25% of retail lots vacant for two years; oversnpply set to worsen DEVELOPERS of shopping complexes and office towers in Johor Baru are reportedly losing about 220 million Malaysian ringgit (5596.6
      FILE PHOTO  -  623 words
    • 231 15 KUALA LUMPUR JOHOR-BASED developer Daiman Development Berhad, which posted an 85.2 per cent jump in group pre-tax profit to 30.36 million Malay sian ringgit (5513.3 million) for the year ended June 30, 1999, expects to see a difficult year ahead, The Sun reported yesterday. This
      231 words
    • 469 15 KUALA LUMPUR Govt officials urge people to treat Jan 1 like any 'normal day 9 AFP, Reuters AFTER spending an estimated 1.85 billion Malaysian ringgit (*****.5 million), Malaysia will be ready for any millennium bug problems, officials said yesterday. They urged
      AFP,; Reuters  -  469 words
  • Page 13 Advertisements
    • 556 13 a Is there any reason why limited budget has to mean limited growth? Prosignia Desktop 320 Prosignia Desktop 320* Inter Celeron" Processor 466 MHz Micro Tower Model 128KB Integrated L 2 Cache Inter Celeron" Processor 500 MHz Micro Tower Model 128KB Integrated L 2 Cache MMB 100 MHz RAM 8.4G8
      556 words

  • Page 14 Advertisements
    • 83 14 mmm k We're FIRST again. "The World's Most Admired Mail, Package and Freight Delivery Company." 1999, in a Fortune magazine global survey of senior executives, board members and financial analysts, UPS was named the world's most admired company in its field. If this sounds all too familiar, it's simply Otyrnpic
      83 words

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  • Page 17 Advertisements
    • 65 17 ©Agilent Technologies, 1nc.1999 That's why Agilent makes a defibrillator powerful enough to restart a heart, portable enough to fit in a seat pocket, and simple enough to use without a medical degree. It's already saved dozens of lives around the world, and now, even above it. Have a safe flight.
      65 words

  • SOUTH east asia
    • 553 18  -  Sign Indon political risk rating has improved, they say From Shoeb Kagda in Jakarta AN announcement yesterday that PT Tambang Timah, Indonesia's state-controlled tin miner, was awaiting government approval to buy 30 per cent of PT Kaltim Prima Coal (KPC) for US$l75 million (Ss29o
      553 words
    • NOTE Book
      • 101 18 AFX-Asia, Reuters [JAKARTA] President Abdurrahman Wahid (right), who is reportedly postponing his trip to the United States because of the crisis in Aceh, has said he does not think the province will leave Indonesia despite its demand for a referendum on self-determination. "Aceh will
        AFX-Asia,; Reuters  -  101 words
      • 63 18 AFP [JAKARTA] An Indonesian court ruled yesterday that it had the authority to try a US$27 billion (Ss4s billion) defamation suit filed by former Indonesian president Suharto against US-based Time magazine. "It is the right decision because the effect of the (Time) action is in Indonesia. The
        AFP  -  63 words
      • 86 18 Reuters [BANGKOK] Thai satellite operator Shin Satellite Pic said yesterday it would sell three billion baht (*****.7 million) worth of three-year bonds to the public from tomorrow. "This is the first time since the crisis started that a company will sell low-priced bonds
        Reuters  -  86 words
      • 53 18 Bloomberg [JAKARTA! Indonesia's economy probably grew between zero and one per cent in the third quarter, according to preliminary calculations, said Mardian, an official at the Indonesian Bureau of Statistics. The formal release of the country's gross domestic product statistics is expected within the
        Bloomberg  -  53 words
      • 44 18 Bridge News [ZURICH] The Bank for International Settlements (BIS) said its board had decided to invite the central banks of Argentina, Indonesia, Malaysia and Thailand as well as the European Central Bank to become members of the BIS. Bridge News
        Bridge News  -  44 words
    • 888 18  -  ASEAN Heshe-Citramas Joint venture symbolises the rise of smaller players yang razali kassim BY most accounts, Indonesia's new president, Abdurrahman Wahid, made quite an impression in Singapore last Saturday during a whistle-stop visit. The president was making an informal regional swing, the purpose
      888 words
    • 472 18 BANGKOK Reuters A GOOD reputation, an established tourism industry and a possible Indochina hub are attracting a string of potential buyers for a stake in Thai Airways. At least eight global carriers have expressed an interest in buying a stake in
      Reuters  -  472 words
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  • EAST asia
    • 634 20 HONGKONG Popularity of fond opens way for more discount investment products in HE IHT ONE day last week, residents here were lukewarm towards the idea of owning local stocks. The next, lines snaked around banks at lunch hour as people could not get enough shares fast
      IHT; REUTERS  -  634 words
    • 369 20 BEIJING New portals unveil sites before expected ban on foreign investment AFP INTERNET companies are racing to beat anticipated new rules which will regulate foreign investment in China's Internet sector, with two new portals announcing their sites yesterday. Chinaßen.com and eLong.com, both US-based
      AFP  -  369 words
    • 203 20 SHANGHAI Bridge News MORE than 20 quality companies are drawing up plans to list on China's foreigninvested B share markets, says Xinhua news agency. The news, announced at a Beijing seminar on China's B share market on Monday, boosted the B
      Bridge News  -  203 words
    • 195 20 HONGKONG AFP HONGKONG'S oldest newspaper yesterday made an unprecedented price cut to attract readers in a move that followed its redesign under a new shareholder management. Sing Too Daily News said in an editorial that the price cut from HK$5 (551.07) to HK$2
      AFP  -  195 words
    • SINO Briefs
      • 66 20 AFP [SHANGHAI] Chinese auto-parts maker Zhejiang Wanxiang Group recently appointed Preston Bush, elder brother of former US president George Bush, as a senior adviser to help it develop its market in the US. The move could cause discomfort for the presidential campaign of
        AFP  -  66 words
      • 76 20 Bridge News [HONGKONG] Analysts say Standard Chartered Bank is considering the purchase of a small Hongkong bank with assets ranging from HK$l5 billion (Ss3 billion) to HK$3O billion. Chief executive Rana Talwar was reported last week as saying it could make a banking acquisition in
        Bridge News  -  76 words
      • 62 20 AFP [TAIPEI] Taiwan's largest semiconductor maker said yesterday that its October sales rose to a monthly record of NT17.21 billion (SJ37B million) from NT14.21 billion a year ago despite the devastating earthquake seven weeks ago. Wafer shipments for October "reached a record high at
        AFP  -  62 words
      • 93 20 Bloomberg [ST JOHN'S. Newfoundland] A group including Hongkong investor Li Ka-Shing and Petro-Canada said early tests pointed to what could be the third major oilfield off Canada's east coast. The partners, which include Mr Li's Calgary, Alberta-based Husky Oil Ltd and Norsk Hydro AS, said
        Bloomberg  -  93 words
  • Page 20 Advertisements
    • 84 20 I I Before you can have e-anything you need an SNetWOTk j from 3Com. Before you can even contemplate the simplest tasks in e-business, you need a strong network behind you. I^HHf 3Com e-Networks. Can we build one for you? 3Swh' More connected: www.3com.com/enetworks r 'jf? JSBlqmp 3Com South Asia
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  • SOUTH asia
    • 476 21 NEW DELHI Govt plan to cut duty on components is key to end of grey market, they say AFP INDIA'S computer manufacturing industry has urged the government to implement a national IT task force's proposal to kill the grey market in computers and fuel
      AFP  -  476 words
    • 215 21 UDUBAI AFP INVESTIGATIONS into a multi-million-dollar fraud by an Indian businessmen in the Emirates have revealed "stunning irregularities" by banks, including possible bribe-taking, the Khaleej Times reported on Monday. The fraud has left banks, both local and foreign, redfaced as investigations revealed that
      AFP  -  215 words
    • 342 21 NEW DELHI Bloomberg INDIA delayed the sale overseas of 19 million of its shares, or a 3 per cent stake, in state-con-trolled Mahanagar Telephone Nigam Ltd because of depressed demand. The proposal was deferred as "investors are closing their books early on concerns
      Bloomberg  -  342 words
  • Page 21 Advertisements
    • 414 21 THE UNIVERSITY OF new South wales g* T=!j CORNERSTONE Training Centre 4 The University of New South Wales, Faculty of Engineering, in 4 Cornerstone is honoured to be chosen by The University of collaboration with Cornerstone Training Centre, is happy to New South Wales, Faculty of Engineering, as its partner
      414 words

  • WORLD news
    • 461 22 TOKYO It'll be Japan's No 1 trust bank with 50t yen in assets Bloomberg SUMITOMO Trust Banking Co, Japan's second-largest trust bank, and Daiwa Bank Ltd, the country's lOth-larg-est commercial bank, said they will combine their trust businesses to form Japan's biggest trust bank.
      Bloomberg  -  461 words
    • 341 22  -  RTia'M 11 UU'i J By' Walton Morais [SINGAPORE] International Monetary Fund managing director Michel Camdessus was set to step down prematurely as head of the multilateral organisation last night, sources told BT. Mr Camdessus, who took office in 1987 and is into his
      341 words
    • 664 22  -  It will press Asian countries to come np with national plans From, Anthony Rowley in Tokyo THE Asian Development Bank yesterday announced what it called an "all-out assault" on reducing poverty, which has begun to increase again in those Asian countries that
      664 words
    • 483 23  -  Abby Cohen expects SAP 500 to rise 7.8% by the middle of next year From Meera Tharmaratnam in Hongkong WALL Street strategist Abby Cohen says it is irrelevant whether the Federal Reserve raises interest rates in next Tuesday's meeting and is predicting
      483 words
    • 526 23  -  Though milder, proposal angers developing countries From D Ravi Kanth in Geneva THE European Union joined the United States on Monday in putting labour standards on the table of world trade talks in a move that drew immediate rebuke from developing
      526 words
    • 390 23  -  Both understood to have deferred WTO arbitration action From D Ravi Kanth in Geneva BARELY weeks before the Seattle trade ministers meeting this month, India seems to have reached an agreement with the United States over its festering World Trade Organisation (WTO)
      390 words
    • 441 24 SEOUL No redemption of Daewoo bonds seen as government provides sufficient liqoidity AFP, Bloomberg THE feared mass redemption of Daewoo bonds this week is likely to turn out to be unfounded as stability returns to the bond market on the back of ample liquidity,
      AFP,; Bloomberg  -  441 words
    • 367 24 NEW YORK Broad-based baying of tech stocks poshes index op 42 points NYT INVESTORS shrugged off a potential Microsoft scare on Monday with a broad-based rally among other technology stocks that sent the Nasdaq composite index to its seventh straight record. Even Microsoft's
      NYT; AFP  -  367 words
    • 440 24 NEW YORK Bloomberg INVESTORS should sell Internet stocks now before a stock market frenzy fizzles after the smart money has already bailed out, said Anthony B Perkins, co-author of The Internet Bubble. "The public is buying stocks after they've been hugely inflated on the
      Bloomberg  -  440 words
    • WORLD Watch
      • 71 24 Bloomberg [FRANKFURT] Deutsche Lufthansa AG said it will pay £91.4 million (*****.3 million) for 20 per cent of British Midland Airways Ltd, giving the German carrier greater access to Heathrow Airport Lufthansa bought the stake from Scandinavian Airlines Systems, which controlled 40 per cent
        Bloomberg  -  71 words
      • 64 24 Reuters [NEW YORK] The US Securities and Exchange Commission is investigating why Chase Manhattan Corp accumulated a discrepancy in its internal financial tracking that started at more than US$4O billion (S$G6.B billion), the Wall Street Journal said, citing people familiar with the matter. The problem
        Reuters  -  64 words
      • 82 24 Bloomberg [NEW YORK] John Meriwether plans to repay U***** million (Ssl.l billion) in the coming weeks to the banks that rescued his Long-Term Capital Management LP and open his new hedge ftind Dec 1, a person familiar with the fund said. Mr Meriwether and
        Bloomberg  -  82 words
      • 50 24 Bloomberg [BENTONVILLE, Arkansas] Wal-Mart Stores Inc said fiscal third-quarter profit rose 29 per cent on increased US and international sales. Net income rose to US$l.3 billion (552.2 billion). Sales in the three months ended Oct 31 rose 21 per cent to US$4O.4 billion. Bloomberg
        Bloomberg  -  50 words
      • 62 24 AFP [SYDNEY] Australia's Olympic city has been voted the world's best city for the fifth year in a row by the tourism industry. Sydney was voted top foreign city (outside the United States) by the glossy American travel magazine Conde Nast Traveler, which
        AFP  -  62 words
  • Page 22 Advertisements
    • 91 22 @IBM, D 62 and DB2 Universal Database are trademarks of International Business Machines Corporation r\ the United States and/or other countries Windows and Windows NT are trademarks of Microsoft Corporation in the United States, other countries or Both UNIX is a registered trademark in the United States and other countries
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    • 6 22 •today©***-* ■tlanhe Zaoftao gpm^gflg Hi mm
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  • Page 23 Advertisements
    • 34 23 Classified First. Wkj Need to get something fixed? Or simply seek out a good buy? Your best bet: Check The Straits Times Classified First. CATS. 3 1 Buy It. Sefl It. Find It. d
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  • Page 24 Advertisements
    • 182 24 where the cool refreshment of Spring never ends. In addition the best Jack Nicklaus golf course in Asia, new Robert Trent Jones Jr. course has opened to wide acclaim. Come experience the warm service of our friendly staff our well-appointed clubhouse, luxurious lodges, spa, and a wide array of recreational
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    • 113 24 I $98 $1081 Deluxe Room Deluxe Room (Single/Twin) (Single/Twin) per room per night per room per night with buffet breakfast Free usage of fitness centre Complimentary newspaper Free usage of outdoor Complimentary coffee/tea swimming pool making facilities Reservations Hotline: H Tel: 223 1291/225 7509 Fax: 223 1681 H Rates are
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    • 51 24 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Ms Florence Nathan, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE. 24 RAFFLES PLACE. SINGAPORE *****1 E-mail: ocrasingOsingnet.com.sg TEL: (65) *****82 FAX: (65)
      51 words

  • Page 25 Advertisements
    • 2173 25 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 y The Royal Bank of Scotland pic > Incorporated in Scotland Head Office: 42 St. Andrew Square, Edinburgh, EH2 2 YE. 9 V Singapore Branch: 6 Battery Road, #27-01, Singapore *****9 The Royal Bank of Scotland pic and
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    • 1153 25 IN rHK HH.H (OI RT OK THE RKPI 81-lf OK SINGAPORE Admiralty in Personam No. 645 of 1998 Between EVERGREEN INTERNATIONAL S A. (No ID Number hunts) Plaintiffs And JOINT VESSEI.S LIMITED and all other persons claiming or being entitled to claim loss, damage and/or expense by reason of or
      1,153 words

  • FINANCE & commodities
    • 263 26  -  SOKEXReports MS& Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market closed with modest gains yesterday as concerns over the possibility of another credit tightening at the forthcoming Federal Reserve meeting scheduled on Nov 16 waned. Asia Power Corporation, the first power company to
      263 words
    • 208 26  -  MSCI Taiwan futures Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday posted a loss of 1.5 points in the November '99 contract despite Nasdaq's strong gain of 41.68 points. The Taiex lost 38.8 points while the cash market, too,
      208 words
    • 174 26 ENERGY REPORT Reuters [LONDON] OU prices surged yesterday after an Organisation of Petroleum Exporting Countries (Opec) minister said cartel members had agreed to continue with supply curbs and the International Energy Agency projected a record winter stockdraw. London Brent blend crude
      Reuters  -  174 words
    • 315 26 Reuters London THE euro, still reeling from last week's sell-off, won some reprieve yesterday and pushed higher after German unemployment data showed a long-awaited pick-up in the nation's labour market. Although the euro's recovery so far has been mild, it could be forming a base after its sharp
      Reuters  -  315 words
    • Article, Illustration
      1257 26 mTEEBAME CROSS RATES \ov9 AS C$ ftmb Euro Ffr Dm HK$ Hid «s HuplaH Yen Won Bl hso S$ tend Br IT} UK PowX US$ Australia 0.934 6.178 0.614 4.028 1201 4.954 27.677 43.286 0.670 7.565 2.423 1244 33.043 25.671 1.067 3.906 0.*****.296 24J75 0.394 0*39 Cauda 1.063 5.638 0.654
      1,257 words
    • 1914 26 SICOM FUTURES Nov 9 RUBBER (futures ctosi«q»s«» 5.30pm) RSS1 CONTRACTS cents/ty) Close Volume OpM Month High jaw Sett (towws) Interest 5ec99 1 1 124.25 1 1200 Jan 00 129.25 129.25 127.75 300 600 Feb 00 '30.25 100 Mar 00 »2.25 '00 RSS 3 CONTRACT (US cents/lq) Volume Opto Month High
      1,914 words

  • STOCKS east asia
    • 2817 27 HONGKONG AFP QHangSeng +14&59 HONGKONG share prices rose 1.1 per cent yesterday following overnight gains on Wall Street and the announcement of a resumption of Sino-US talks on China's entry to WTO, dealers said. "The gains are made on the back of
      AFP  -  2,817 words
    • Article, Illustration
      974 27 Reuters QShenzhen B Index -189 SHENZHEN'S B shares ended down more than 3 per cent yesterday as a closely-watched meeting on reviving the long-stagnant market failed to produce hoped for measures. The B share index slid 2.89 points, or 3.47 per cent, to 80.60 on turnover of HK$4O million
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  974 words
    • 350 27 AFP □WP Index -38J TAIWAN'S share prices closed 0.5 per cent lower yesterday as investors took to the sidelines, dealers said. The Taiwan Stock Exchange Weighted Price Index slipped 38.8 points to 7,362.69, following a 0.3-per cent rise in the previous session. Decliners led advancers 299 to 164. Turnover
      AFP  -  350 words
    • 2026 27 TOKYO AFP HHikk«i22S +SLIB SHARE prices in Tokyo closed 0.3 per cent higher yesterday as high-technolo-gy stocks took a lead from the US Nasdaq, which hit a record high the previous day, brokers said. The Nikkei average of 225 selected issues gained 51.18 points to
      AFP  -  2,026 words
  • Page 27 Advertisements

  • STOCKS klse
    • 8420 28 INDUSTRIALS CofliMiMr products 1999 Lilt Vol Day N#« Cap High Low Company Sate "OOO H|> L— W 440 255 Aimomoto 302 2 J"* 174 46 Angkasa 87 -3 22 90 87 128.3 404 220 Apollo Food H.g 308 4 2 308 306 7.3 123.2 294 115 Beriaya Land 170 3
      8,420 words
    • 415 28 AFP. AFX-Asia C 3 Composite Index -5J51 MALAYSIAN share prices closed 0.8 per cent lower across the board yesterday with sentiment remaining depressed. The Kuala Lumpur Stock Exchange Composite Index ended down 5.81 points at 715.54 and the Second Board Index fell 2.06
      AFP.; AFX-Asia  -  415 words
  • Page 28 Advertisements
    • 108 28 NOTICE IS HEREBY GIVEN that I, THONG IN IN THONG POH CHAN of 742 A Mountbattcn Road Singapore *****1, have applied for a Beer House, First Class Licence in respect of M/s Queen's City Hotel located at 10 Lorong 18 Geylang Singapore *****7, and that this application will be considered
      108 words
    • 103 28 NOTICE IS HEREBY GIVEN that I, PEH LAY HONG of Blk 410, *11-83 Pandan Gardens Singapore *****0, have applied for a Ist Glass Beer House Licence in respect of M/s Toto Eating House located at Blk 802 French Road Singapore *****2, and that this application will be considered by the
      103 words

  • SES clob & regional stocks
    • 3097 29 BONDS A WARRANTS •t ami UWaa* U»l CXt LwtOaata ttwaa Urn (Mr C«U1 wtki W«k Ln Mm fw)ii| Uf COM) M0 M *rr*r Mk Met (awarts) tot* Mn liMrtf? I»n 104 10.5 S 3)60 "Acer ******) USS 40.5 -0.5 234 4) 40.5 40.5 4) 33.) 1 '56 82 2.67 20
      3,097 words
    • Article, Illustration
      797 29 AFP H SET Index *12^5 THAI share prices surged 3 per cent yesterday after falling the day before, led by finance and transport stocks and on renewed optimism over a debt-laden major bank, dealers said. The Stock 'Exchange of Thailand Index rose 12.35 points to close the day at
      AFP  -  797 words
    • 283 29 AFP C 3 Manila -0.62 PHILIPPINE share prices closed marginally lower yesterday with many investors opting to stay out on a lack of corporate news, analysts said. The Philippine Stock Exchange Composite Index shed 0.62 point to end at 1,987.93. *»9 hH *h rOOO) MRC Allied 0.83 -0.01 '280
      AFP  -  283 words
    • Article, Illustration
      730 29 AFP Q Composite Index +10-51 INDONESIAN share prices closed 1.7 per cent higher yesterday on the back of gains in Wall Street overnight and improving third-quarter results in certain companies, dealers said. "The most active shares today were the Astra group shares Astra International, Astra Otoparts as well as
      AFP  -  730 words
    • 284 29 AFP Q Wellington -9.71 A BECALMED New Zealand share market finished yesterday weaker with the election and issues surrounding Fletcher Challenge and Telecom continuing to muddy the waters. The NZSE-40 Capital Index shed 9.71 points or 0.5 per cent to 2,046.02. AFP ■»»t MS (BOO) Advantage HOS .2.44 -0.03
      AFP  -  284 words
    • 596 29 AFP All Ordinaries +118 AUSTRALIAN share prices closed 0.4 per cent firmer yesterday after US stocks staged a gritty comeback, brokers said. The All Ordinaries Index gained 12.8 points to 2,904.90. The All Industrials Index rose 24.2 points to 5,063.10, while the All Resources Index climbed 2.6 points to
      AFP  -  596 words
    • 302 29 AFP H Composite Index +3SLB6 THE Korea Stock Exchange Composite Index closed up 35.86 points at 943.46. Volume was 351.5 million shares worth 4.6 trillion won. AFP •nl IN« </■ An»m Somi ***** unci) Brain Ticti 2430 30 Control Bank 3350 50 CrwtiComm B9000 5900 DMGuBmt 4990 -5 DMltrvg
      AFP  -  302 words
  • Page 29 Advertisements
    • 184 29 DBS Flash. Gets you moving sooner. You choose a fixed deposit to make your money work harder for you. What's more, DBS Flash also notifies you of IPO application results, availability of IPO Share But if you forget when your deposit matures, you may not be able to make use
      184 words

  • 9119 30 MAIN BOARD Transaction date: Nov 9 Or Or M Wt 52-Wk Last Vol Day Last Quote Diy Dlv YM Nat Cap Avg Hlqh Low St No Company Sala COOO) Hlqh Low Buyar Sailor C*¥» Wt $mll Price MULTI-INDUSTRY 182 17.5 m b 1000 Acma 50c 1t3 89 113
    9,119 words
  • Page 30 Advertisements
    • 37 30 I 111 Watch Hennes Boutiques: List TWwer. Takaahimaya 1 Tl;. Sole Agent: Dickson Watch A J«we!kry (S) Pie Ltd Te1:733 0122 •fi®|f- .f s^, J 1 ABBto *"sP^?flP '».!< Mao available at all leading authorised dealers $J. jj,
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  • Page 31 Advertisements
    • 626 31 Where to wine, dine and entertain *****451 Savour the distinctive mix of local dishes we have for you such as Nasi Lemak, yBP/ Tauhu Goreng, Tandoori Fish etc. f Do expect a change in our daily menu. Price lucject to 10%iervice charge and |*r rrihig guvmunaH tra*. CALL; 330 3585
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    • 135 31 K'Mi'Ms ViVaCiSLS. ■HHHII Viccant. i ■iiPTPfflrffi vactctY. IHiP ■■nKJ 8-16 Nov 1999 Act 1,351h Floor R*««rvotionf: IS 1-4211 B 333 *****7 W: m2200 Fajc7M23«2 f-nuil mjndinn m»#n*f*ui-halHi com I»AHCi\ wiHv ***** SO&$|S".SiO«-*+ Or 1«C«I), $R.?om+ (^**>wieW) At Garden Terrace Bar Grill, you con enjoy a breezy pool tide meal with
      135 words
  • Page 31 Miscellaneous
    • 803 31 no uujiiicoo i ii i ico, cui icouay iu, ijjj rdyo O I CRYPTIC CROSSWORD I.Hi ;g»i IM M Premiere 12 900 Edition" 1^0 5 P ta, a 2.02 Primarama. —1 p—| R~~l ST""] PHMfI FH F~ r 400 Kid 9,30 News 5 Tonight 2.30 TV Innovations 4.02 Fajar Jh-Z
      803 words

  • MONEY matters
    • 1321 32 Three phases expected in facing the Y2K problem; final phase, in Q1 next year, will see rally in local assets gathering steam as hiccups are ironed out THE Y2K problem will create price action that no one can afford to ignore. If everything
      Source: Hypovereinsbank  -  1,321 words
  • Page 32 Advertisements
    • 202 32 a.* interest 01 1 J j t I MM I a- -This IS an md.cat'v« interest 'ale fo' Singapore dollar tase P-em.um Deposit based V ill OR&Qr 1 1 1 1 deposit, Citibank will return your V ill other cu"«ncy as the alternate currency Interest rate is indicat ve and
      202 words

  • SHIPPING TIMES
    • 311 33 Bridge News, Reuters LITTLE was fixed on the freight market in late trade on Monday but brokers said it was an active start to the week. Atlantic Panamax rates remain firm and brokers continue to talk of a strengthening Pacific market. TANKEH& It was a sluggish start to
      Bridge News,; Reuters  -  311 words
    • 290 33 msHmm. art* %i m CW7 Distribution 129 0.01 10 Chuan Hup 1.92 0.02 1710 Cosco Investment 116 -0.03 10 freight Links 0.32 unch 867 CSHoMnqs 0.89 0.03 65 HaiSunHup 0.70 0.02 615 IMC MokHnQj-HK 5.60 unch 0 J*ya Holdings 101 0.06 643 Jurong Shipyard 8.40 0.30 372 KeppelCorp
      290 words
    • 632 33 Labour dispute expected to cost Vancouver port CsB9m worth of trade a day Bloomberg [OTTAWAI The Canadian government and exporters urged dock workers and management to resume talks to end a labour dispute that has almost shut down the Port of Vancouver,
      Bloomberg; REUTERS  -  632 words
    • 662 33  -  STRAIT TALK By\ Seafarer WITH all the emphasis there is these days on safety and codes of practice it is sometimes possible to forget that seafaring is an intrinsically dangerous activity. Good practices, nowadays referred to as "safety culture", can go a long
      662 words
    • 184 33 FT (LONDON) Cunard unveiled plans for the largest passenger ship ever built, in an effort to recreate the golden age of the transatlantic liner. The ship is expected to cost about US$6OO million (Ssl billion) and is likely to be named the Queen
      FT  -  184 words
    • 139 33 Reuters [SINGAPORE] The owner of the massive semi-submersible which capsized in Indonesian waters last week has called off its search for the last remaining sailor, the company Dockwise NV said in a statement yesterday. The bodies of four crew, two Filipinos and two Dutch
      Reuters  -  139 words
    • INTERNET shipping
      • 833 34 They offer rate and sailing information, and interactive services such as booking and tracking consignments Pine Magazine THE emergence of the Internet as a viable transactional medium between shipping lines and their customers is arguably the final chapter in paperless logistics. It is the logical
        Pine Magazine; FILE PHOTO  -  833 words
    • 291 34 PAGE ESP Lin« 13 ANL 3 Evergreen 6 Accord 8 tongSun 8 Ahrenkiel 14 W Links 14 Appenshtp 5 G L AsiaOCL 13 CwMrtr4ns 6 Austral 8 GenshM 13 Avant 14 Gt0bil 13 B'tanq Mas 8 Glory Ha* 14 BC HaiSunHup 12 M Hanttn 3 5 0
      291 words
    • 21012 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest n Name Name Number Number SIN Dest'n Name Name Number Number 26/n 12/01 NYK IKARUGA 021N 65 *****23 To ABIDJAN (ABJ) 2003 Cote O'lvoire To BUENOS AIRES (BUE) 2060 Argentina 17/11
      21,012 words
    • SHIPS IN PORT
      • 496 47 Vessel Voy No Berth Arrival Departure Jaronq Port M Purpos*4 JM 06/11/800 10/11/15:00 R| 2701 2 JU 08/11/1000 io/ti/n^x> Htfim 19 J04 08/11/8:45 09/1V2300 Bt MH No*-08 J01 08/11/10:35 08/11/23:59 Midas Mop# 32 JI2 09/11/7:00 11/11/18:00 Bt Itahmat II ***** J01 09/11/8:00 09/11/17:00 Bt CAaya Ml ***** JOI
        496 words
      • 1989 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From AC I MAGNOLIA out 5/7M tl 03/15M 03/1659 01/1900 U 03/1700 04/0659 04/0*00 21 03/1700 04/065* 04/0900 1 04/0700 04/1159 04/1400 4 04/12M 04/1459 04/1700 AUIUATA 2 MM MM OVUM
        1,989 words
      • 117 47 Nov 11 Belgium: Remembrance Day. Canada: Remembrance Day. France: Armistice Day. Nov 12 Taiwan: Birthday of Dr Sun YatSen. Nov 23 Japan: Labour Thankgiving Day. Nov 25 United States:Thankgiving Day. Dec 8 Italy: Immaculate Conception. Dec 9 Brunei: First Day of Fasting. Dec 23 Japan: Emperor's Birthday. Dec
        117 words
      • 799 47 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change
        799 words
      • 501 47 Carbon 180 Mai 991.1 1.2 17.8 0.09 60 0.09 M nw a DMisltv Water Residue Ash Aluminium Sediment Wo ibove E25 1 1 T1 0 *****1——222! =S mo A* 989.5 0.5 13.8 0.06 23 0.02 380 Mai 995.5 0.9 18.1 0.08 47 0.04 At/M'l %*fi m/m
        501 words
    • AIR & LAND transport
      • 322 48 Machinists have nsed faulty procedure which resulted in loose bolts since at least 1992 Bloomberg [SEATTLE) Boeing Co, the world's biggest planemaker. said hundreds of its 767 jetliners might have been built with loose bolts in their tail fins. The problem was
        Bloomberg; REUTERS  -  322 words
      • 206 48 Reuters [HONGKONG] Citing improving economic conditions, Cathay Pacific Airways Ltd said it is hiring flight attendants for the first time in more than a year. "With tourism picking up across the region, we feel the time is right to start growing the airline, and
        Reuters  -  206 words
      • 337 48 Israeli carrier to decide on 1330 jet order at the end of this month AFP [JERUSALEM] Israeli airline El A 1 has postponed until the end of the month a decision on buying three or four A 330 jets from the European Airbus
        AFP; REUTERS  -  337 words
      • LOG Book
        • 90 48 AFX-Asia [HONGKONG] Qantas Airways Ltd chief executive James Strong said Asian routes have yet to recover to pre-crisis levels and that further reductions in capacity cannot be ruled out, the South China Morning Post said. In Hongkong for the launch of the airline's new
          AFX-Asia  -  90 words
        • 73 48 Reuters [WELLINGTON] National carrier Air New Zealand said yesterday that up to 16 flights between Los Angeles and New Zealand would be cancelled if flight attendants went through with a threatened strike later this month. The attendants' union has given notice
          Reuters  -  73 words
        • 83 48 Bloomberg ATLANTA] Delta Air Lines Inc. the third-largest US carrier, said it and partner Air France SA will begin daily non-stop flights between New York and Lyon, France, in April. The flights will be between New York's John F Kennedy International Airport and
          Bloomberg  -  83 words
      • 243 48 Chinese airline one of only 4 Asian-based airlines to be included in rankings [GUANGZHOU] China Southern Airlines, the largest airline in China, has been listed among the "Top 25 Airlines In The World" as tabulated by Air Transport World magazine. China Southern
        243 words
      • 506 48 Navigation, safety systems all ready for changeover to 2000 Reuters [FRANKFURT] Navigation and safety systems in German skies will function normally when 1999 changes to 2000 but plumbing, lighting and even telecommunications could pose a problem, Germany's air traffic authority DFS said.
        Reuters; FILE PHOTO  -  506 words
      • 1927 48 CITY FLIGHT ETA FLIGHT ETD S***** 2359 AbuOhati GA975 1520 Fgkuoka SWOT 1750 S0990 0125 AMiMc AW230 1905 Goanqrtoa $0803 19W C2352 0835 IH6381 1905 C2351 2045 S0804 WB S0230 1905 Hanoi VM741 1310 VHS0742 0905 Amsterdam KL0843 0525 *L0838 2335 SOVH176 W35 GA975 1520 AK4328
        1,927 words
  • Page 33 Advertisements
    • 194 33 Shipping services set to go on-line, page 2 Boeing fixing faulty tail bolts on 7675, back pg Special Feature November 30, 1999 z The tide has turned. The shipping industry has picked up dramatically in the past year. If s all systems go! Around the world, aging fleets have to
      194 words

  • Page 34 Advertisements
    • 1259 34 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) «SSS I VOT (USB fTDS* UM6 MMM MUAS HOUSTON OOCAGO WW TQM MQKO OTT VBSR VOT W PT.OUT2AII AGUUIIA WW ÜBBOO COOMTO PI CAUMA
      1,259 words
    • 685 34 Xj2">£X Lines services represented by Members ol the Registry ol Members ot the lligyj) Accredrted Shipping Agents. Singapore Freight Forwarders N»-n«^/S'pore National Shipping Assoc Association LILY LINE MALE I VESSEL VOY ETA TIM Tlw P. BANG SPOKE MALE Empress Lily V 0699 10/11 13/11 22/11 Princess Lily V 1099 25/11
      685 words

  • Page 35 Advertisements
    • 1106 35 TO EUROPE FROM EUROPE Ivissa vor smctmaimhammvsoufitibi [vessel voT«w<wmMMVMunn ia sm MY COMMODORE 322W 11/1) 04/1J 01/11 07/12 29/11 04/12 MO5& 5291 17/10 19/10 22/10 23/10 10/11 MMS S3OW 12/11 2S/U 30/11 02/12 03/12 04/12 THAMES 5571 23/10 20/10 21/1010/10 11/11 HTOUn 321W H/11 03/12 05/12 00/12 02/12 NOLAGOT 015(21/10
      1,106 words
    • 1972 35 ©HANJIN SHIPPING 4 MsMptOT S*s *****30 HANJIH SHIPPING (S) rn lIP km* am MOtlllG *****35 237 SAIfS *****74 731 DOCUNtItT *****71 274 OftUnplfS *****50 751 MAIM UK *****55 fU *****60 OHIO 11 S3<<3oo<KlM I TO NW USA CANADA I USA CANADA* R* VSI/VOT OAM S« IMHAU/VOY SU TIW DO PM
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    • 383 35 vnsa maißWisiitaiMW ?2L _J»L JSL. ffijL-—^T^!r^r mKia -rrjrr TTTTTT77TT ***** Aauo 0730 12/11 IXOI mTCfUSAN JIB 112/111 14/1 L antrum uss 12/11 10/11 11/11 23/11 24/11 |f/i| kgoisa| t/jll ij/i AQUIT 0731_ ]2/H 13/11 17/11 11/11 KMKgRUi6 01AS Tl/lT 21/11 MTCDGAII »ISS 1)1/11 j 21/jTj E™ ivu JVII Ti^LL__ P
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  • Page 36 Advertisements
    • 1587 36 DSR-SENATOR LINES TO UK/CONTINENT TO MJOJrtIsRRANEANCANADA MB VQT "sT" LtH RTW AWH HAM IWV PCX KSStL VPY MM G(T SFt FOS <IC MTW PUSAM SENATOR HIIW Mil 25.11 Mil 2711 »11 Mll »1 17 PALf RAW SWATOH 0937W 1111 Mil Mil M.tt Ml 2 111? TKAOf SaBK M»W Mil Mll
      1,587 words
    • 1032 36 m. am MAC-NELS S'PORE M'SIA Carrier: MN CONTR LINES, INC p. guoang: (otj ***** a I f\-/ J C*t NO: **********0 C SIBLJ: (064) *****9 MANILA: (632) *****24 W V PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21)*****45 KUCHiNG (062) *****1-3 PORT KLANG
      1,032 words
    • 669 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vkml S PORE N SHEW COLOMM P KLANG TARPON SILVER V IMW M NOV II NOV 23 NOV 20 NOV CAPE CANAVERAL VII4W IS NOV 23 NOV M NOV K DEC TULSIDAS V.117 22 NOV 31 NOV 17 DEC 12 DEC TARPON SILVER V 107W
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  • Page 37 Advertisements
    • 1688 37 VESSEL VOY KHH HKG SIN PKG PQB PXB PMM BA BIK IRAN SHAHRYAR PCL-5127 03/11 05/11 09/11 10/11 19/11 20/11 21/11 22/11 24/11 IRAN BAABAEI PCL-5128 10/11 12/11 16/11 17/11 26/11 27/11 28/11 30/11 02/12 IRAN TAKHTI PCL-5129 17/11 19/11 23/11 24/11 03/12 04/12 05/12 07/12 09/12 IRAN TABATABAEI PCL-130
      1,688 words
    • 1103 37 Sailing to Mm 1 Djibouti (Via Dubai) J I" SINGAPORE S GENERAL AGENTS SO ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/L) ,B,^^^^^| COSTAt SHIPPING PTE LTD #12-00 saies/bkgs *****57/60 inward dcpt (D/ 0) *****85 COSTAt AGENCIES (M) SDN BHD C» NO: **********00 SINGAPORE *****8 CONVENTIONAL *****50/55 T/SHPMT PERT
      1,103 words
    • 1241 37 IUROPE EXPtESS SHMCI export Tlmport ttssa VOT sw in m At I WAN I IHY Ifu «ssa WT |m [mom m la a HJPORTUND 03SV* 16 It 03 I? 05 12 04 1? 04 II 04 II 10,11 CY AX* 017* 15 10 17,10 1* 10 74/10 11/1! NJ OSAKA
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  • Page 38 Advertisements
    • 1467 38 EUROPE/UK/SCAHDIMVIA/FINLAND/RUSSIA SGP ROM ANW HBG THP ZEE LHV IHV THP ROM ANW HBG PKL SGP E DIAOEN RW-M6 14/11 *2/12 08/12 04/12 06/12 07/12 00/12 E. RESULT RE 027 21/10 20/10 22/1B 23/10 11/11 12/11 E DAINTY RW-013 21/11 N/12 14/12 10/12 12/12 13/12 14/12 E. ROUND RE 039 20/10
      1,467 words
    • 874 38 PACIFIC INTERNATIONAL UNES (PTE) LTD SSSS^rmmiV 140 Cecil Street, #03-00 PIL Budding, Smgapcxe *****0. I CO NO **********0E I I|*pw wm P I w *J* n I KOTA PttWWA PW1043 »/ll 10/11 14/11 «/ll *$/U *70" -fTvr I WM mm 2 Wr u/u a/n OOQ AOUTT 053 17/11 M/ll 1/12
      874 words
    • 426 38 ftjuUJUMIIHJ-B SO TEL OK BLAMGAH ROAD 102-02 CmPORT CBHIC STORE MtH TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOV ETA ETD DESTVMnON MMUKWA 3M9 1111W 12/11W MUNTOK lUMMUI 1499 12/11W 12/11W MALAYSIA PORT PONTMNM MABUKWA 4MS 1M1« 17/11W PALa«ANGn<L.BALAM RMAWA OM9 W1«15/11« MUHMfIMMBIMMMMMMfORTS For
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  • Page 39 Advertisements
    • 423 39 BSfl X M MYANMA FIVE STAR LINE r (Myonnar National line) Loading for Yang on (Rangoon) vessel vot sm pkl km raj MOMGU 2»W 14/11 MAWIAMYINE I7W 30/11 MALAYSIA AGENTS: IOUSTEAD SHIPPING AGENCIES KUL m (03)*****00 PKL m (03) 376*101 POt IE (04) *****02 POfc TU (07)*****21/4 BANK LINE (A
      423 words
    • 1247 39 HMNEHYUNDAI MERCHANT MARINEJIO., LTD. [VMR «mr I cm I <f»l I 181 Im I AMI I HAM IMV 1 FB I VESSEL VOT|SOU|[BI|RTM|AMI|HAM|WV| BL Hml HYCOMNHOOME 322W TiTTT Wn 01/11 02/12 IHAMB SSTI u/10 23/1020/10 21/10 11/11 am 12/11 03/12 04/12 21/11 30/11 NOHfifli 0151 20/10 27/10 23/10 25/10 13/11
      1,247 words
    • 1243 39 WALLENIUS WiLHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE' [VESSEL I VOY RAMP HEIGHT SIN lAX CKL MIA SAV BAI Off NYC WW MM TAMPERE AHOO 400 Toai 6.3 M 11/U 09/12 Wli 21/12 23/12 25/12 37/12 21/12 01/91 06/01 TEXAS AHIO 400 Toat 6.3 M 26/11 25/12
      1,243 words

  • Page 40 Advertisements
    • 777 40 BANGKOK/MAP TA PNUT/LAEM CNABANGj JAKARTA/PAN JAMO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MAHTABHUM" 469N 10/11 13/11 14/11 GURU BHUM 15SS 10/11 12/11 14/11 YAHTRA BHUM 316N 11/11 14/11 13/11 BANI BHUM 132S 10/11 14/11 MATHU BHUM 440N 13/11 17/11 16/11 BANI BHUM ***** 12/11 14/11
      777 words
    • 380 40 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWTiMNEW SERVICE SI [vprl fIK aTl»|l|}T>|»|mL'fl]M «n ml n/n p/ii w/ii vm i«/» iamigai hal »/i) »/n n/i? u/n lyn woiomismm hsl i;/ii i;/n it/n ti/ii x/n ww Ins m/hi»/h| U/nla/n' po/n| FEEDER SERVICE TO INDONESIA m voy van smmn uww souimk TV
      380 words
    • 773 40 VESSELS VOY ""SN"™ PKL JED MLA LEH HTM HAM ZEE SOT VNLE OE AWTARES L34W 16/11 17/11 2*ll 3*ll o*l2 07/12 08/12 I*l2 12/12 VMXEOE VIRGO S34W 22/11 23/11 03/12 07/12 13/12 14/12 I*l2 17/12 I*l2 SAUOIJEDOAH N34W 3tyil 01/12 o*l2 IVI2 2tyi2 21/12 23/12 24/12 2*12 SAUOIJUBAA H34W 07/12
      773 words

  • Page 41 Advertisements
    • 66 41 FAR EAST EUROPE S KYOWA LINE FULL CONTAINER Direct Breakbulk/Container/LCL EXPRESS SERVICE s^km to Turn To Pg 5 Manila/Guam/Saipan China Shipping (S) Agents: V-Grow Shipping Pte Ltd Agencies Pte Ltd See Page 7 Daily Wallenius Asia Oceanic Wilhelmsen Container Line New Europe To Weekly Service to MIDDLE EASTI Belawan/Sin/P. Klang
      66 words


  • Page 43 Advertisements
    • 50 43 VmTaJI STflfk Dial 740-6000 Oil Q€m3TlQ (Retrieve more schedules!) ST© Press "1"' I Select the port and key in SiMhl the four digit code eg: To New York (NYC) 2275 <& Key in your fax number I your phone number Another Innovative service offered by The dOCUment Will be SHIPPING
      50 words

  • Page 44 Advertisements
    • 185 44 g MitsuiO.&K. Lilies.Ltd. COCOS TRADERS 1 (FOREST PRODUCTS SERVICE) (JhtoM 4*l Scrvire K«>r (tirtstmiKs Island Kniraintk- (in* Island) EUROPE SERVICE I **Also c-all other west Australia ports subject to induct*men J TAW SKN KKU TMA VESSEL VOY. SIN CXI FML COS o<2A* oufEN 26/11 28/11 30/11 THOR KIRSTEN 4451 SAIUD
      185 words
    • 314 44 TO EUROPE CI UNA N. EUROPE SERVICE VESSEI/VOV XOQ QOA SUA WO «W MAM HTM TO. TRADE SELENE 026W 24 OCT 26 OCT 28 OCT 01 NOV 05 NOV S N?V V *9V W HANJIN SAVANNAHO79W 31 OCT 02 NOV 0* NOV 08 NOV 12 NOV 02 DEC 04 DEC
      314 words
    • 172 44 fOUt TWIS/ WM MMgfc P. OUPAM6/SIW6APOM SOUTH BOUND kbsb I ww nam* m nnuami wms ia/iiwa) ii/iinni) ICLIiU-A 'M 8 TOS H/IIOHUJ KUAi-A M 8 JZ2U 12/111W) IUIMI PIMA SUM W77S 14/11 CUM) 15/IHMWI mmasimi was is/in**) imnuo QUUSItfI 17/11 (WH) n/ll (WD NORTH >OUWD ytssa w~ P6MMM6 niAUSWtI TIMI
      172 words

  • Page 45 Advertisements
    • 676 45 SSAMUDERA SHIPPING LINE LTD 72 Aim* Road, *06-01 to 03, Singapore *****1 MAIN UM/OUTWAID: 532 36U INWARD (WO): «37 23M I*TO«T STATUS (W0): 437 2371 ■MMTOOY (Woh 437 2420 Wobsito http://www.saaiodora.coai CR NO. **********0 D BOOKINGS UNE; 535 6266 (Celia/Je»«ko/Mei Chqn/Jeslynn/Dora/Honim) IOSHBEIBBI 8 SIGS/WEEKLY MTWfM.MMEI 3 SLGS/WEEKLY IVKSa VOY I
      676 words
    • 789 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO no m *i m m ro ]yum hm nyi Vo*f my rw jj hw I HOtCHDTP /0454 H/11 25/11 2VII 01/1? 11/11 04/1? 11/11 71/12 Jt ot_ >1/01 77/01 IS/01 W/01 03/07 07/07 HtUGH MMQVA /MS4 14/17 70/17 74/17 74/17 05/01 11/17
      789 words
    • 492 45 ENG LEE SHIPPING CO PTE UD W: 533*475 (A UMtl Fax: 533M34/******* I T a Net isimimit I VBSfi VOT SMIU SMfTt DtSTMADOM Buonc Aoodi 14/99 06/11 Of/11 Duna Tfrntrc fax* OwOmc 12/99 09/11 11/11 OM/luMn/f (m Unon Star 3? 9/99 Of/11 10/11 Smtnyo UwnStoff 3/99 09/11 11/11 Surtroyo Mow
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  • Page 46 Advertisements
    • 551 46 I VESSEL VOY SIN MAA SIN I TIGER BRIDGE 748N 13-14/11 18-22/11 2&27/11 I TIGER METRO 750N 17-17/11 22 2S/11 30-01/12 I TIGER ISLAND 751N 21 22/11 26-29/11 03-04/12 I TIGER RHYTHM 749N 24 24/11 29-02/11 07 0»12 I TIGER BRIDGE 752N 2fr27/11 02 05/12 09 10/12 I TIGER METRO
      551 words
    • 821 46 FREIGHT LINKS EXPRESS I Tel: *****11 Fax: *****77 E-mail: flesin@singnet.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 PARANAGUA SUVA NOUMEA MALTA SANTO DOMINGO PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT
      821 words
    • 1182 46 For booking t enquiry cat *****80 v/jtV Cl Wabfiti: btty//www.Md.t— VV MONTH AMIKKA USA is w la atmui irenou I S mem im hou w lm OOCI CHINA 34(544 DPI vil 01/1? OZ/1? 02/1? 01/1} OOCI IMAIN 7W543 If/10 70/10 71/10 22/10 27/10 14/11 OOCt Ilium ***** 17/11 03/1} OK/I?
      1,182 words

  • Page 47 Advertisements
    • 34 47 Sailing Schedules, J I to Asia More. Any destination, any time. 24 hours a day in the Shipping Guide I Fax-On- Demand hotline 740 6000. Another innovative service offered by THKKIVI\KSST|\IIvS Shipping Timis i
      34 words
    • 34 47 I=l-I=l=ll If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. Another Classified CO Service |cata| Buy h. Sell h. Find h.
      34 words