The Business Times, 12 November 1999

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Microfilm: NL21666
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 The BusinessTimes MITA (P) 046/12/98 85C SINGAPORE FRIDAY, NOVEMBER 12,1999 Internet: http://business-times.asial .com.sg/
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  • Article
    Lock icon MARKET SUMMARY
    64 1 Dsn 2K3J7 (+14.81) BT-SEI ***** (+4.53) SHCSCI FUTURES ***** (4.20) STOCK MAEKET INDICES Thursday Change KLSE COMP 724.84 -487 NIKKEI 18*27.28 24#.59 HANG SENU 14.IU5.71 +130.17 SET INDEX 429.28 +2.89 JAKARTA COMP SUM -0.42 MANILA COMP _2,0I0,1I +IA« TAIPEI WPI l&XLtt +1*141 SKOI LCOMP JM7.42 +816G ClilA CHINA
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  • Article
    Lock icon FINANCE
    79 1 FOBEX KATES US$ s$ US 1.676 5i(l SS/SS per Si) 1.626 2.725 Ei:RO(rss/s$/K)_ i.im i.74» DM 1.874 0.894 YEX 105.1 1.595* RM 1800 0.441 H KS 7.772 0116 BAHT .19.03 0.043 RUPIAH 7.1.10 0.024 •St to 100 units PUKE BATES SINGAPORE* 5.8# KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK 10.00
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  • Article
    Lock icon Tokyo spending 18t yen to get economy moving
    800 1  -  Financial markets cautions; real spending lower than some have expected From Anthony Rowley in Tokyo JAPAN yesterday unveiled an "economic rebirth" package in the form of public spending and other measures totalling around 18 trillion yen (*****.8 billion). But financial markets, which
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  • Article
    Lock icon Bill Gates gets his day – out of court
    843 1 Bill Gates gets his day out of court Boss finds sympathy at shareholders' meeting NYT [BELLEVUE, Washington] He got a prolonged standing ovation on the way to the podium, and he was mobbed by autograph seekers on the way out. But in between, Bill Gates, Microsoft chairman, fielded some questions
    NYT  -  843 words
  • Article
    Lock icon Dr M to drop stalwarts from Umno election line-up
    853 1  -  Hove seen as bid to defuse opposition attacks From Eddie Toh in Kuala Lumpur PRIME Minister Mahathir Mohamad yesterday said he would drop some old guard from the electoral line-up of his dominant United Malays National Organisation (Umno) party in a
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      123 1 INSIDE Top stories PacNet upbeat after surprise Q3 turnaround. Pg 3 Keeping the Indon archipelago together. Pg 14 BT Comment Hock Lock Siew: The stockmarket plot looks familiar. Pg 12 Exec Lifestyle I —JM The party planners. El Exec Money Is the Qualifying Foreign Bank licence just a status symbol?
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      24 1 The CEO speaks Francis u3?. Yeoh H'S faith in Malaysia and Mahathir helped YTL Corp ride out the regional crisis M Interview Pg 26
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      148 1 B:ecutivc Lifestyle goes to the art of Singapore's cultural ene with n new iturday section designed to cater the creative side of BT readers No, we don't intend perpetuating e high-brow label that gets gged to anything linked to ulture All we want to do in is provide insightful atures.
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon One-armed bandits get smart
        156 2 GAMBLING the slot-machine variety, anyway ain't what it used to be. First, the thrill of pulling on the arm of the bandit was replaced by pressing on a button. Now, if a move started by a South African casino takes hold, players can forget the pleasure
        156 words
      • Article
        Lock icon Star moves into Sun's orbit
        74 2 SUN Microsystems said in a recent US Securities and Exchange filing that it paid U5573.5 milion (Ssl22 .9 million) last year to buy Star Division GmbH, the developer of the Star Office productivity software which competes against Microsoft Corp's popular Office 2000 product. Sun plans
        74 words
      • Article
        Lock icon Longer walk is on the card
        98 2 A WELL-KNOWN credit card company has recently moved its office from a convenient, strategic location in Raffles Place to a less strategic place in Robinson Road, next to Lau Pa Sat the Old Market. In its pamphlet to customers, the card company says it
        98 words
      • Article
        Lock icon Working for Disney
        90 2 IS it a coup for Hongkong that Disney has decided to build a theme park there? Not according to the Hongkong Economic Journal. This respected Chinese business daily estimates that while the Hongkong government said the Disney investment would generate 18,400 new jobs, it would cost the
        90 words
      • Article
        Lock icon What's in a name?
        29 2 IF Federal Express (FedEx) and United Parcel Services (UPS) were to get hitched, guess what the new global logistics supergiant might be called? Fed UPs.
        29 words
    • Article, Illustration
      Lock icon Rupiah falls past 7,000 over separatism fears
      655 2  -  Analysts say currency could fall to the 7,500 level in coming days From I Shoeb Kagda in Jakarta THE growing spectre of separatism in Indonesia's far-flung provinces is once again prompting investors to rush for the exit, resulting in the rupiah weakening. After
      Source: Bloomberg  -  655 words
    • Article, Illustration
      Lock icon A new partnership to promote the arts in S'pore
      479 2  -  There'll be a weekly five-page The Arts section in BT Siow Li Sen [SINGAPORE] The Singapore Tourism Board is on the lookout for the world's best arts and entertainment companies and productions to stage their shows in Singapore, says chairman Edmund
      CHRIS LOH  -  479 words
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  • SINGAPORE companies
    • Article
      Lock icon MSCI works magic on prices of DBS, CSM
      310 3 DBS' weighting in index likely to be raised, CSM could be in key indexes Bloomberg THE Morgan Stanley Capital International (MSCI) family of indexes worked its magic on DBS Group Holdings and newly-listed Chartered Semiconductor Manufacturing yesterday, lifting the two stocks by
      Bloomberg  -  310 words
    • Article, Illustration
      Lock icon Brierly investors approve plans to relocate to S'pore
      396 3 Company may sell Asia Power geothermal power project in Indonesia Bloomberg [AUCKLAND] Brierly Investments Ltd, a diversified investor, said shareholders have approved plans to abandon New Zealand after three decades, relocate to Singapore and incorporate in Bermuda. The Singapore shift will put
      Bloomberg  -  396 words
    • Article, Illustration
      Lock icon PacNet upbeat after surprise Q3 turnaround
      414 3  -  K'J Audrey Tan PACIFIC Internet yesterday reported a turnaround in the third quarter, with earnings of $275,000, and was hopeful of ending the year in "positive profit territory". The Nasdaq-listed Internet service provider beat analysts' expectations of another dismal quarter, after it made losses
      FILE PHOTO  -  414 words
    • Article
      Lock icon UOL pays $22m for freehold site near Novena
      323 4  -  I -i I exclusive Deal follows $l&8m purchase of Sunshine Apts in Upper Serangoon in Aug By Carol Eng UNITED Overseas Land (UOL) has bought a welllocated freehold site at Moulmein Rise, its second housing plot in the last three months, and
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    • Article
      Lock icon SIA, China Southern come out tops among Asian airline stocks
      225 4 Bloomberg SINGAPORE Airlines and China Southern Airlines were the biggest gainers in a bumper year for Asia's major airline stocks as demand picked up from business travellers following a two-year slump. "We're enjoying more business along with the huge improvement
      Bloomberg  -  225 words
    • Article
      Lock icon The plot seems familiar
      772 4  -  lock siew r sivanithy IT'S deja vu all over again, it seems. After a third quarter during which the local stock market basically did nothing, the fourth quarter now looks like building up a reasonable head of steam, recalling the heady days of the first half
      772 words
    • Article, Illustration
      Lock icon Bonvests eyes new food franchise
      481 4 It's likely to acquire a bakery and beverage business Bloomberg BONVESTS Holdings will further tap Singapore's thirst for foreign brand names with plans to add another big franchise to its Starbucks and Burger King stable this year. Bonvests is likely to acquire a bakery and
      Bloomberg; FILE PHOTO  -  481 words
    • Article
      Lock icon SingTel, KDD tie-up seen as defensive alliance
      537 5 Analysts say move aimed at countering Star Hub's Arcstar advantage Reuters [SINGAPORE] Singapore Telecommunications (SingTel) opted to forge an alliance with KDD Corp of Japan to protect its lucrative corporate business from rival StarHub, industry experts said yesterday. They said the alliance was
      Reuters  -  537 words
    • Article
      Lock icon IDT Holdings maps out global marketing strategy
      345 5  -  Ling Su Ann HONGKONG-based electronics firm IDT yesterday announced its global marketing strategy to further strengthen its market presence through its housebrand, develop new product initiatives and expand into new markets. Stock Exchange of Singa-pore-listed IDT Holdings (Singapore), which undertakes the design and
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    • COMPANY Briefs
      • Article
        Lock icon DBS eyes bigger stake in Far East Bank
        61 5 AFX-Asia DBS Bank confirmed it is looking to increase its stake in Far East Bank and Trust Co if the opportunity arises. Confirming a report by a newspaper in Manila, a spokeswoman for the bank said they are talking to other Far
        AFX-Asia  -  61 words
      • Article
        Lock icon East Tech buys 20% of Newtrend
        97 5 EASTERN Asia Technology Ltd said it has acquired 603,000 shares at NT$29 per share in the capital of Newtrend Electronics Inc representing a 20.1 per cent stake for NT$l7 million (*****,835). The balance of Newtrend is held by Toptrend Corporation, Weltrend and individual shareholders
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      • Article
        Lock icon Seksun shareholders okay bonus issue
        51 5 SHAREHOLDERS of Seksun Precision Engineering yesterday approved the company's proposal for a bonus issue and a warrant issue in conjunction with a $15 million transferable loan facility (TLF) to be granted by DBS Bank. The one-for-four bonus issue 0f24.26 million shares was announced on Aug
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    • Article, Illustration
      Lock icon SFI fixes IPO price at 78 cents
      199 5 HEW LISTINGS SINGAPORE Food Industries' initial public offer price has been fixed at 78 cents a share, the higher end of SFl's indicative price range of 65-80 cents. SFl's parent, SembCorp Industries, yesterday said the pricing for the 125 million IPO shares was
      ARTHUR LEE  -  199 words
    • Article
      Lock icon MIT gets approval for listing
      165 5 MANUFACTURING Integra tion Technology said yesterday it had received in-princi-ple approval from the Stock Exchange of Singapore for a mainboard listing. Incorporated in 1992, MIT designs, develops, makes and distributes equipment used in the back-end processing of semiconductor devices. For example, it offers integrated circuit
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      Lock icon Page 3 Advertisements Column 1
      227 3 .v r T aT- "r r v feotf-f ilpf r -'i£W' #S--b W J3l ffim k .-'V-\ v sv \$"V \H?% With changing currents in the investment markets, it's important for youi portfolio to be always in the best hands. Yet how cio you know if you' fund managers are
      227 words
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      173 4 Q How do investment managers make decisions on asset allocation? A They use investment performance data. Q Are such performance data comparable and presented in a consistent manner? A Yes, if they comply with industry standards. Q What are these industry standards? A They are embodied in GIPS. Global Investment
      173 words
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      116 4 PECK HAY MANSION Location :15 Peck Hay Road Site Area 32,277 sq. ft. VH DGP 2.8 plot ratio; Up to 20 storeys CAIRNHILL HEIGHTS \\^S\T Location 16 Cairnhill Rise Site Area 15, 407 sq. ft. DGP 2.8 plot ratio; Up to 20 storeys Both sites are within walking distance to
      116 words
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      48 5 1® X Jl Hk I» x BH| j^B sLg ft jf mJH ■:■■>■■.■>-s%*' Wf I^h^^h Ht T we nt y 4* V by <lX»UtlmifMia(nL<PliClL 3§±#f7*A«»^« Of yfX *"3 4 X*) 4 -/r 7*4*-V VI?->rK 6 Scotts Road, Scotts Shopping Centre #01-09, Singapore *****9. Tel. *****08. Fax. *****00. ■■■■■■■■■■■■■■■■■■■■■■■■I
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon SII pierces 2,150 resistance level, led by SPH, bank stocks
      572 6  -  I :j comment STOCKS r.sivanithy Trading in local stocks yesterday was almost identical to Wednesday's session. The big difference was that instead of a slow start followed by a strong finish, prices first shot up only to come off before
      572 words
    • Article, Illustration
      Lock icon Two drawbacks of CL's SPH covered warrants
      204 6  -  WARRANT WATCH R Sivanithy CREDIT Lyonnais' latest covered warrant offering is on one of the biggest local blue chips Singapore Press Holdings. This is its second in a few months and from the looks of things, it appears determined to break into the
      204 words
    • Article, Illustration
      Lock icon L&M surges on Net-related ventures
      238 6  -  HOT STOCK By' Ven Sreenivasan THE stock of construction group L&M seems to have awakened from its long slumber. The counter rose as much as 8.5 cents or 9 per cent to a high of 98 cents yesterday before closing with a net fourcent gain
      238 words
    • Article
      Lock icon Diary of events Friday, Nov 12
      122 6 Singapore ♦9am. Singapore Tourism Board holds its CEO forum ♦9am. Arthur Andersen holds business fraud risk seminar ♦10am. Chuan Soon Huat Industrial Group Ltd extraordinary general meeting ♦10am. Launch of Nanofilra Technologies International Pte Ltd and signing of agreements with Shimadzu Corporation and Nanyang
      122 words
    • Article
      Lock icon Rupiah and won move in opposite directions
      537 6 South Korean currency gets boost from S&P rating upgrade Bloomberg [SINGAPORE] The Indonesian rupiah fell for a fourth day on concerns that calls for independence in Aceh province may snowball into violent demonstrations and make it tougher to do business in the country.
      Bloomberg  -  537 words
    • Article
      Lock icon Untitled
      489 6 8>ocfc» Voluww Golden Agri US10c 39.469.000 'Genting Int 38,723,000 Medtecs US5c 34,479.000 Asia Power US5c 26,067,000 Asta Food&Prop US$ 25,135.000 Roty IntUSIOc 21,687,000 Hotung Inv NT5 17,941,000 Inoo-Pac 20c 17,928,000 IPCCorpn5c 17,554,000 JC-MPH WtOO 17,041,000 Stocks DBSGrp 46,393,916 OCBC 41,957,795 UOB 26,371,455 Chart Semiconductor 26c 23,444,700 SPH 21,328,954 SIA 20,201,090
      489 words
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  • SINGAPORE news
    • Article
      Lock icon H1 local investment commitments dive
      300 7  -  l=M=l on the economy investment By. Audrey Tan MANUFACTURING investments by local firms nearly halved in the first six months of this year, despite the economic recovery in the second quarter. Figures from the Economic Development Board (EDB) show that foreign investments were buoying total
      300 words
    • Article, Illustration
      Lock icon PSA Corp invites proposals for bond issue
      559 7 Bankers reckon it may aim to raise np to USslb in overseas or local market Bloomberg PSA Corp, which operates the world's busiest container port, is inviting investment banks to submit proposals as it gears up to sell bonds overseas and locally before
      Bloomberg; FILE PHOTO  -  559 words
    • Article
      Lock icon S'pore oil refinery margins slide into loss territory again
      428 7 Reuters THE profit margins of oil refineries in Singapore, which edged into positive territory early this month, have again collapsed following a spectacular crude oil rally, analysts and traders said yesterday. "There was a slight recovery in margins, that is now
      Reuters  -  428 words
    • Article
      Lock icon MTI to release Q3 data, growth forecast next Thurs
      201 7 SINGAPORE'S third-quarter economic results will be released next Thursday, together with the government's forecast of economic growth next year. The Ministry of Trade and Industry (MTI) said yesterday that its deputy secretary. Ho Meng Kit, will chair a technical briefing for
      201 words
    • Article, Illustration
      Lock icon PM Goh pushes for new round of trade talks
      528 8 He calls on developing nations to proactively take part in WTO The Straits Times [JOHANNESBURG] Singapore Prime Minister Goh Chok Tong yesterday pushed for the launch of a new round of multilateral trade talks by calling on developing countries which felt
      The Straits Times; ALBERT SIM/ST  -  528 words
    • Article
      Lock icon CPFIS review to include issues raised by investors
      158 8  -  Ronald Chong Manager (Public Affairs) Central Provident Fund Board Singapore WE refer to the letter, "Agent banks' fees: Reply defies logic" by Bin Hee Heng (BT, Nov 4). We share Mr Bin's concerns that the CPF Investment Scheme (CPFIS) should be efficient
      158 words
    • Article
      Lock icon Construction to see industry transformation
      287 8  -  MAiLI.TTH Malarvizhi Dinesh (Mrs) Snr Corporate Relations Officer Corporate Services Division for Chief Executive Officer Building and Construction Authority Singapore WE refer to your editorial "Builders live in time warp" (BT, Nov 3).' Construction industry transformation requires a combined effort of both government and industry.
      287 words
    • Article, Illustration
      Lock icon Have we lost the art of fundamental analysis?
      1066 8  -  Curtis J Montgomery Singapore via Internet THE Stock Exchange of Singapore is rampant with speculation with punters eager to listen to even the most unlikely rumours. A glance at the top 20 volume counters each day reveals mostly familiar names like Asia
      FILE PHOTO  -  1,066 words
    • Article
      Lock icon How the Indon govt can regain investor confidence
      309 8  -  John Tan Singapore I WISH to sincerely congratulate President Abdurrahman Wahid on his being elected President of the Republic of Indonesia. It is like a fresh breeze sweeping across his country-1 am happy for the Indonesian masses who can now have a
      309 words
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      90 7 Sunday Classified -glea^foct at Clarke Quay Every Sunday, 9am spm Buy n s«b kfw h. 1 I s*fHH^^jMSUW«I *^S^Bc^iBF^HMiHI^^Pw»ViHHHYIi^SHHHHKHHHr v^»2O|pVHCKBfIRHHHfcJNBV To many Singaporeans, Catherine Lim's somewhat flamboyant style is immediately familiar. Overseas, however, it may be only her literary style that's as well known. Which is why Catherine carries the
      90 words
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      141 8 Alaskan Kins Crab now at Xta's Alaska^ Set Menu w 5548.80 per person Give Your Friends Business Colleagues A Royal Meal Bigger. Larger. These monumental crustaceans make an unforgettable feast among friends and a royal meal for business associates. Make your reservations today! Chilled Alaskan King Crab in "Teochew" Style
      141 words
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      36 8 You can email us at btfetterQsph.com.sg, fax to us at *****71, or mail your letter to The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number.
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      387 9 Unleash the power of foreign currencies. u-i k%SF9 H H ?'V r I I T [i| SMIHAfIu, ~|Ei<Vi:|. I j»us I I I I I I I fl I I^^H Start trading with the Citibank Professional Currency Tradinq Account. If you're a savvy investor who wants to take the foreign
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Challenges of the future can be conquered
      673 10  -  ran bottom line OPINION herbert london The writer is John M Olin professor of humanities at New York University and president of Indianapolis-based Hudson Institute. His views are not necessarily those of Bridge News WITH the dawning of a new millennium, change is
      673 words
    • Article
      Lock icon IN OTHER WORDS
      148 10 'On Monday, he gave the French the Third Way and on Wednesday, they have given him the two fingers.' William Hagne British Conservative leader, in a jeering reference to British Prime Minister Tony Blair's political philosophy. Mr Blair is accused of being spineless over a French refusal
      148 words
    • Article
      Lock icon Aceh and federalism
      655 10 EDITORIAL IT does not look as if Indonesian's new President, Abdurrahman Wahid (Gus Dur), is going to get his 100-day political honeymoon. Even before he can settle in, the separatists in Aceh province have presented him with a major test Gus Dur may have thought he could
      655 words
    • Article, Illustration
      Lock icon Australian rate outlook clouded by GST factor
      1048 10  -  The central bank has made subtle comments on the new tax system's likely inflationary impact By Manjit Bhatia The writer is lecturer in political economy at the University of Queensland in Australia. He contributed this comment to BT AFTER months of speculation, Australia's
      FILE PHOTO  -  1,048 words
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      Lock icon Opening the Windows to predictability
      728 10  -  COMMENTARY Americans crave the standard, the simple, the bland, the shared Paul Farhi AMERICANS celebrate rugged individualism and competition, red in tooth and claw. But this is a myth. We crave the standard, the simple, the bland, the shared. One of the glories of American
      728 words
    • Article
      Lock icon WHAT THE OTHERS SAY
      183 10 Test for Mahathir MALAYSIAN Prime Minister Mahathir Mohamad has just weathered his worst year in politics... If he had not called a snap election before the fasting month of Ramadan, the 680,000 new young voters who will gain the right to vote just after that period
      183 words
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  • MALAYSIA news
    • Article
      Lock icon KL charges Sarawak Securities CEO with fraud
      261 11 KUALA LUMPUR Bloomberg MALAYSIA'S securities regulator charged Benny Ng Wu Hong, chief executive of Sarawak Securities Sdn with fraud, after eastern Malaysia's biggest stock brokerage lost about 44 million Malaysian ringgit (5519.4 million). Ng, 42, allegedly created "false collateral" using "phantom shares" to
      Bloomberg  -  261 words
    • Article, Illustration
      Lock icon M'sia still high risk place for investors: fund managers
      651 11 polls LONDON They say there are still concerns government could again change roles for foreign investors Reuters MALAYSIA remains a high risk destination for major investors despite an improving economic outlook and its gradual reinclusion into key global investment benchmarks, emerging
      Reuters; REUTERS  -  651 words
    • MARKET moves
      • Article
        Lock icon Public Bank up on strong 3rd-qtr results
        87 11 SHARES of Public Bank, one of Malaysia's biggest banking group, bucked the downward market trend yesterday to end four sen higher at RM3.12 after announcing strong third-quarter earnings. The bank posted more than a three-fold jump in group pre-tax profit to 568.7 million
        87 words
      • Article
        Lock icon M'sian Plantations down
        129 11 MALAYSIAN Plantations, which is in the process of buying the once-designated anchor bank Multi-Purpose Bank, saw its shares continue to slip as plans for the banking merger continue to unravel. The counter yesterday shed one sen to RM2.13 while its loan stocks slipped seven sen to RM1.07.
        129 words
      • Article
        Lock icon Pancaran suffers massive selldown
        64 11 SECOND board construction-based firm Pancaran Ikrab saw a massive selldown of its shares a day after the company announced a restructuring scheme, which included a four-to-one capital reduction. Debt-saddled Pancaran said the proposed restructuring scheme aims to reorganise and resuscitate its financial and operational abilities. Pancaran
        64 words
      • Article
        Lock icon Sime Darby fails to shine
        47 11  -  Compiled by Ruth Wong SHARES of Sime Darby failed to sparkle a day after the conglomerate said it was keen to raise its interest in the power sector. Sime Darby ended unchanged at RM4.52 yesterday on the back of a weak market.
        47 words
    • Article, Illustration
      Lock icon Rashid hopeful of anchor bank status
      399 12 ILH bank mergers KUALA LUMPUR He says RHB's in talks 'behind the scenes' with potential merger partners Reuters, Bloomberg MALAYSIAN banker Rashid Hussain said yesterday he was hopeful that his RHB Bank would emerge as one of the anchor banks under the country's bank
      Reuters,; Bloomberg; FILE PHOTOS  -  399 words
    • Article
      Lock icon Polls won't stall bank merger plans: minister
      97 12 KUALA LUMPUR AFXAsia PLANS to consolidate the banking industry will proceed even with general elections expected soon. Second Deputy Finance Minister Nazri Abdul Aziz said. Speaking to reporters after a signing ceremony, he said: "Second Finance Minister (Mustapa Mohamad) has already made a
      AFX- Asia  -  97 words
    • Article
      Lock icon Pacific Bank reaps RM39.9m in first 9 months
      295 12  -  Sharp drop in loan loss provision for OCBC unit From Ruth Wong in Kuala Lumpur PACIFIC Bank, which is 28 per cent owned by Singapore's OCBC Bank, has reported a sharp jump in net profit to 39.9 million Malaysian ringgit (5517.6 million)
      295 words
    • Article
      Lock icon Bank Industri to raise RM500m in two bond sales
      251 12 KUALA LUMPUR Bloomberg BANK Industri Malaysia Bhd, a state-owned development bank, said it is raising 500 million Malaysian ringgit (*****.4 million) through the sale of two bonds to help bankroll its shipping and chip units' operations. The two fixed-rate, fiveyear bonds
      Bloomberg  -  251 words
    • MALAYSIA Briefs
      • Article
        Lock icon S&P ups ratings of Petronas, Telekom
        84 12 Reuters [LONDON] Standard Poor's yesterday raised its long-term foreign currency issuer credit and senior unsecured debt ratings on Petroliam Nasional Berhad (Petronas) to 888 from 888-, and its long-term local currency issuer credit rating to A from A-. At the same time, S&P raised
        Reuters  -  84 words
      • Article
        Lock icon M'sia, Spain in training deal
        92 12 AFP [KUALA LUMPUR] Malaysia yesterday signed an initial agreement with Spain on a 90 million Malaysian ringgit (5539.7 million) project aimed at improving the quality of locally made auto parts, the official Bernama news agency reported. It said the Ministry of Entrepreneur Development and Spain's
        AFP  -  92 words
      • Article
        Lock icon Petronas sells 20% of Engen
        83 12 AFX-Asia [KUALA LUMPURJ Petroliam Nasional Bhd has sold a 20 per cent stake in Engen Ltd to Worldwide Africa Investment Holdings, the Malaysian Business Times reported. Petronas' remaining stake in Engen now stands at 80 per cent. Petronas president and chief executive officer Hassan Merican
        AFX-Asia  -  83 words
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      559 11 How can my business grow when my budget just can't? IHIHH Today with more advanced hardware, more sophisticated software and more comprehensive support the Prosignia family of computing solutions is just what your business needs to thrive. Every Prosignia system is available in tailormade configurations that suit your specific needs
      559 words
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      141 12 mJM)i The Iron Is Hot I I W J Discover investment opportunities in Asia while it is on l 1 &V r the rise. Hear experts talk on investment strategies and 1 gsß diversification, and risk profiling. Come and find out mi more about ABN AMRO Star Asia Funds and
      141 words
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  • SOUTH east asia
    • NOTE Book
      • Article
        Lock icon Estrada steps into phone dispute
        75 13 Bridge News [MANILA] Philippine President Joseph Estrada has decided to intervene in the interconnection dispute between Philippine Long Distance Telephone Co (PLDT) and Globe Telecom. Mr Estrada plans to have talks with both company's officials soon to ask them to settle their interconnection problems. Executive
        Bridge News  -  75 words
      • Article
        Lock icon Jakarta wants sugar import tax
        59 13 Reuters [JAKARTA] Indonesia is discussing with the International Monetary Fund (IMF) the possibility of imposing an import tax on sugar to protect the country's farmers, the official Antara news agency reported yesterday. "We need to encourage farmers," Forestry and Plantations Minister Nur Mahmudi Isma'il was
        Reuters  -  59 words
      • Article
        Lock icon National Finance shelves bond sale
        47 13 Bloomberg [BANGKOK] National Finance, Thailand's biggest non-bank lender, shelved a planned bond sale worth as much as 5 billion baht (*****.5 million) because of lower-than-expected demand. The unsecured and unsubordinated bonds were to be sold privately to institutional investors next Monday. Bloomberg
        Bloomberg  -  47 words
      • Article
        Lock icon PSE puts off new trading rule
        94 13 Bridge News [MANILA] The Philippine Stock Exchange (PSE) will postpone implementing the narrower trading band ordered by the Philippine Securities and Exchange Commission (SEC), saying imposing it will greatly cut liquidity. The SEC had told PSE on Wednesday to implement immediately its proposed rule
        Bridge News  -  94 words
      • Article
        Lock icon 17.8b baht in loans fetch just 5.4b baht
        68 13 AFP [BANGKOK] Thailand raised just 5.4 billion baht (*****.6 million) in its latest fire-sale of loans held by finance companies that were closed at the height of the economic crisis. Financial Sector Restructuring Authority (FRA) chairman Amaret Sila-On said yesterday the FRA
        AFP  -  68 words
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      Lock icon Weaker currency causes plunge in Telkom's Q3 profit
      447 13 RUPIAH ITOTCT JAKARTA Gains in sales and operating profit wiped out by forex loss of 291.3b rnpiah Bloomberg PT TELKOM. Indonesia's biggest phone company, posted a plunge in profit in the third quarter as gains in sales and operating profit were wiped
      Bloomberg  -  447 words
    • Article
      Lock icon Ibra agrees to suspension of 45 Bank Bali staff
      242 13 JAKARTA Reuters THE Indonesian Bank Restructuring Agency (Ibra) said yesterday it had agreed a proposal from Bank Bali's management team to suspend 45 of the bank's employees for lack of co-operation and to dismiss three others. 'This decision was reached after
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      Lock icon Adieu, Mr President
      56 13 [JAKARTA] Indonesian military chief Widodo bidding farewell to President Abdurrahman Wahid (left) prior to Mr Abdurrahman s departure to the United States at Jakarta airport yesterday. Mr Abdurrahman left on a regular flight of national carrier Garuda, the first time a Indonesian president has made an overseas
      AFP  -  56 words
    • Article
      Lock icon Ayala Land Q3 profit jumps 50% on hotel sale
      343 13 MANILA But nine-month earnings slip 2.6%, revenue's down 7.4% Bloomberg AYALA Land Inc. the Philippines' largest developer, said third-quarter profit surged 50 per cent, boosted by a onetime gain from the sale of Davao Insular Hotel. Ayala Land said net income
      Bloomberg  -  343 words
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      257 13 51N9906S fIi^teIXTRAV AGAN Z A Guten Morgen! Morning flights on Singapore Airlines or Lufthansa are the For First Class Passengers: 2 First Class return tickets and a 7-night FRANKFURT best way to get to Frankfurt. You have a choice of flights, leaving at 10 am Package for 2at the luxurious
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  • FOCUS indonesia
    • Article, Illustration
      Lock icon Keeping the archipelago together
      892 14  -  That's the challenge Indonesia faces as Aceh seeks to go the East Timor way. A federal state could be the solution, said a seminar speaker yesterday Yang Razali Kassim [SINGAPORE] INDONESIAN President Abdurrahman Wahid is in a dilemma when it comes to Aceh. According to Dewi
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      Lock icon Still transfixed by personalities
      831 14 We reproduce below an excerpt of the speech by Dewi Fortuna Anwar, a onetime adviser to former president B J Habibie, at a seminar on the "New Indonesia"organised by Jakarta-based consultancy Castle Group in association with The Business Times. ALTHOUGH intellectuals have argued that as Indonesia
      831 words
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      181 14 This November, have a at THE OAKS... Millennium EstOTgOt of French Ha Doien Stand to Win $10,000 worth of Prizes from SOPEXA i j^Bß&k return to Le Beaujolais Nouveau The Great Regions of France Q you get to sample the finest wines Beaujolais Nouveau, EHEs^**- r > from Alsace, Bordeaux,
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      6 14 Editorial: Aceh and federalism, Pg 10
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Thai airport ops to be privatised by Q3 next year
      494 15 BANGKOK Govt to get 20b baht from selling stakes in Airport Anthority of Thailand; firm to ran provincial airports Reuters THE Thai government pledged yesterday to press ahead with plans to meet increased international aviation competition by privatising airport operations
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      555 15 W s® sit y fl kbse* S Iw/ I =Jv «388 B fig Mi I |H I j I Li JALOFFERSAFFORDABLETRAVELTO USA Japan Airlines (JAL) is pleased to introduce hospitality, and arrive at your destination I the latest Travellers' Choice packages to well-rested and prepared for your vacation -B Honolulu,
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  • EAST asia
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      Lock icon CyberWorks says latest rules won't upset China plans
      570 16  -  It hopes to offer range of information services to operators not jnst in China bnt throughout region hYorn Meera Tharmaratnam in Hongkong RICHARD Li's Pacific Century CyberWorks (PCC) said this week that China's barring of cable television operators from offering Internet services
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      Lock icon Internet news draws China's veg farmers
      82 16 [BEIJING] Vegetable growers of the Beigunian Village in suburban Taiyuan, capital of northern Shanxi province, reading Internet information on the sales of vegetables on Wednesday. To adapt to the increasing competition in the market, the village has bought computers and assigned someone to surf
      XINHUA  -  82 words
    • Article
      Lock icon No merger of Taiwan's Big 3 banks for now
      204 16 TAIPEI Bridge News A MERGER of Taiwan's Big Three commercial banks Chang Hwa Bank, First Commercial Bank and Hua Nan Commercial Bank is not likely for three to Five years, Chang Hwa Bank chairman M H Tsai was quoted as saying
      Bridge News  -  204 words
    • Article
      Lock icon Wharf falls on news of C&W HKT's Net tie-up
      333 16 HONGKONG New venture will match its plans to list on Nasdaq Bloomberg WHARF (Holdings) Ltd fell 3.9 per cent as Cable Wireless HKT Ltd formed a rival Internet venture with a unit of Rupert Murdoch's News Corp, which will match its
      Bloomberg  -  333 words
    • Article
      Lock icon Taiwan's TSMC set to build first 12-inch wafer plant
      289 16 TAIPEI AFP TAIWAN Semiconductor Manufacturing Company (TSMC) said yesterday it would begin construction early next year of its first 12-inch' wafer fabrication plant. "The 12-inch wafer fabrication is scheduled to break ground in the first quarter of 2000 and is expected
      AFP  -  289 words
    • Article
      Lock icon HK Tracker's appeal is limited: fund managers
      693 17 HONG KONG Institutions are unlikely to invest in it long term Reuters HONGKONG'S new Tracker Fund stunned sceptics this week when the government tripled its size to meet massive demand, but some fund managers say its appeal is too narrow to keep institutions
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    • Article
      Lock icon HK watchdog still probing Aug '98 attack
      143 17 HONGKONG Bridge News HONGKONG'S Securities and Futures Commission is still investigating cases of illegal short-selling which contributed to the near-melt-down of Hongkong's stock and futures markets in the middle of 1998, the SFC said yesterday. SFC executive director of enforcement Paul Bailey said
      Bridge News  -  143 words
    • Article
      Lock icon China weak, yuan devaluation likely next year: Amex economist
      278 17 HONGKONG Productivity, infrastructure spending not reliable measures, he says Reuters CHINA'S economy is weaker than official statistics suggest and Beijing will probably devalue the yuan in the second half of 2000, a senior economist at American Express Bank said yesterday. "The
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    • Article
      Lock icon Regent Pacific to buy stake in Kyungsu Merchant Bank
      208 17 HONGKONG Bloomberg REGENT Pacific Group Ltd, Hongkong's only publicly traded money manager, said it is paying 54.1 billion won (5177.3 million) for 25.8 per cent of Kyungsu Merchant Bank, a Korean corporate short-term lending specialist. Regent's Korean joint venture, Daeyu Regent
      Bloomberg  -  208 words
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      Lock icon CNOOC mandate for IPO could change hands
      489 17 HONGKONG This could happen soon in preparation for lower valuation relaunch next year Bridge News THE mandate to arrange a US$2.5 billion (554.2 billion) initial public offering for China's offshore oil giant, CNOOC Ltd, may change hands by the end of this year
      Bridge News  -  489 words
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      2522 16 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 TRANSUNK FASHION PRIVATE LIMITED (ki Voluntary Liquidation) At an Extraordinary General Meeting of the members ol TRANSLINK FASHION PRIVATE LIMITED duly convened and held al 6001 Beach Road #14-01 Golden
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      530 16 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OP FRUIT CREATIONS PTE LTD (In Members' Voluntary Liquidation) M an EXTRAOROMARY GENERAL MKnNG of to members of FRUIT CREATIONS PTE LTD duly convened and held AT BLK 166 BUKJT ME RAH CENTRAL #06-3667 SINGAPORE *****5 on
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      460 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NEUCON BUILDERS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeftng held at 8 Robinson Road. #0800 Cosco Bwlding Singapore *****4 on #w Sth dov of November 1999 The Resolutions
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      113 17 Congratulations to Precious Time #01-25 Plaza Singapura on your Off lcial Opening fCHRONOSWISS Faszination der 2Vi.eckanik watckes are a kundred years bekind tk e times. A certain feeling of unrest keeps me going. I don't simply want to make watckes, I want to continually improve tkem. Xkis means notking less
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      275 17 j r M/ INTERCONTINENTAL To make your stay even more enjoyable and now twice as rewarding, we'll give you double miles when you book Club Inter-Continental anywhere in Asia Pacific/ Club Inter-Continental. Individual personal service. Twice the rewards. M INTERCONTINENTAL. HOTELS AND RESORTS www. interconti .com for more information/conditions. contact
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  • WORLD news
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      Lock icon Aussie tax crackdown to recoup A$540m
      509 18 CANBERRA Measures taken to help offset cots in company and capital gains taxes Bloomberg AUSTRALIA'S government aims to crack down on business tax avoidance to recoup some Ass4o million (*****.6 million) by mid-2001 to help defray reductions in company and capital gains taxes. Treasurer
      Bloomberg  -  509 words
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      Lock icon S&P ups S Korea rating to BBB
      351 18 HONGKONG It may raise country's ranking within 2 years Bloomberg SOUTH Korea's sovereign long-term foreign currency credit rating was raised to 888 from 888- by Standard Poor's which cited the country's strong economic rebound this year as behind the change. Standard Poor's made
      Bloomberg  -  351 words
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      Lock icon Aussie jobless rate falls to 7.1%, near its nine-year low
      400 18 SYDNEY Bloomberg AUSTRALIA'S economy created twice as many jobs as expected last month, signalling employment gains are likely to bolster consumer confidence and spur new growth. The economy generated some 47,400 jobs in October, the biggest increase since June, the
      Bloomberg; AFP  -  400 words
    • Article
      Lock icon JP Morgan settles lawsuit by copper traders
      255 18 NEW YORK Bloomberg J P Morgan Co and its Morgan Guaranty Trust Co unit agreed to settle a class-action lawsuit filed by copper traders who said they lost money in the US$2.6 billion (554.3 billion) Sumitomo Corp copper trading scandal. J P Morgan
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    • Article
      Lock icon Int'l banks' Asia exposure slips further, at slower rate
      481 19  -  HI drop of just 4% from U*****.4b at end-1998, against 21% previously From D Ravi Kanth in Geneva INTERNATIONAL commercial banks' exposure to Asia has slipped further in the first half of the year but the pull-back rate has fallen sharply.
      481 words
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      Lock icon Microsoft to unveil alliance, possibly with Loral
      391 19 REDMOND Bloomberg MICROSOFT Corp said chairman BUI Gates and president Steve Ballmer was set to unveil a "strategic partnership" yesterday that analysts said may involve an investment in Loral Space Communications Ltd. Several analysts, including Keith Patriquin at Loomis, Sayles Co, said they
      Bloomberg  -  391 words
    • Article
      Lock icon Clinton predicts smooth sailing into the New Year for US
      555 19 WASHINGTON LAT-WP PRESIDENT Bill Clinton offered assurances on Wednesday that extensive efforts by all major sectors of the US economy to fix the Year 2000 computer problem have paid off, predicting "no major national breakdowns" on Jan 1. "I am
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    • Article, Illustration
      Lock icon Korean Air boss held on embezzlement and tax charges
      252 19 ■SEOUL Bloomberg SOUTH Korean prosecutors arrested Jo Yang Ho, chairman of national flag carrier Korean Air, on charges of tax evasion and embezzlement in the nation's sweeping reform drive. The court approved Jo's arrest yesterday after prosecutors said he dodged 62.9
      Bloomberg; REUTERS  -  252 words
    • Article
      Lock icon MinFin bonds: Russia can't meet demands for cash
      331 19 MOSCOW Govt says move would trigger calls for US£L2b in other payments Bloomberg RUSSIA said it can't meet investors' demands that it pay a portion of US$l.3 billion (552.18 billion) owed on a Ministry of Finance bond in cash because it would
      Bloomberg  -  331 words
    • Article, Illustration
      Lock icon UPS sets IPO record in US, raises US$5.5b
      661 20 NEWYORK New issues total USsllb so far this week in; sizzling US market Reuters THERE were a lot of happy faces on both Main Street and Wall Street on Wednesday as the initial public offering market sizzled, raising a record US$ll billion
      Reuters; AFP  -  661 words
    • Article
      Lock icon 'Cybersquat' bill gets help from US congressmen
      370 20 WASHINGTON It's attached to satellite TV bill that's passed House NYT HOPING to fend off a threatened veto of a controversial US bill to outlaw speculating in Internet addresses, or "cybersquatting," congressional leaders have attached it to a satellite television bill that has
      NYT  -  370 words
    • Article
      Lock icon Pfizer may pay US$2b more for Warner-Lambert
      478 20 NEW YORK It also wants to own top-selling drags Celebrex and Lipitor Bloomberg PFIZER Inc may be willing to pay a US$2 billion (553.3 billion) penalty to complete its US$75 billion hostile takeover of Warner-Lambert Co and become the No 1 US drugmaker.
      Bloomberg  -  478 words
    • Article
      Lock icon Computer Associates to appeal ruling against top execs' stocks
      364 20 ISLANDIA, New York Bloomberg COMPUTER Associates Inc, the world's fourth-largest software company, said on Wednesday that it would appeal a ruling by a Delaware judge ordering its top three executives to return more than US$55O million (Ss9l9 million) of stock they
      Bloomberg  -  364 words
    • Article
      Lock icon BritTel sees earnings growing by just 3.5% in 2nd quarter
      270 20 ■LONDON Bloomberg BRITISH Telecommunications Pic (BT), the UK's largest phone company, said sec ond-quarter earnings rose 3.5 per cent as costs to develop its mobile and data services tempered growth. Earnings in the three months ended Sept 30 rose to
      Bloomberg  -  270 words
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      61 18 J VOLVOS HAVE ALWAYS FORCED OTHER CARS TO BE SAFER. THIS OHE WILL FORCE THEM TO BE BETTER. THE NEW VOLVO SBO \Vi HI'S innoY.it IV wlnpl.isli proto tion system Now l< .ulv.iiu od mll.it.ihlo s.ilolv < uil.uns IS i omputrrs sorvo .klv.hu od in-. .11 l«» liiioloi;y lilio tin
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      2 19 50 DAYS
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      359 19 CLOSING DOWN AUCTIONS nciis I vy Garside Webb, Auctioneers and Valuers will be conducting auctions on behalf of Tandis Gallery to clear their entire stock of fine handknotted Oriental carpets. SATURDAY 1 3 NOV VIEWING: 10AM 2.30PM AUCTION 3PM SUNDAY 14 NOV VIEWING: 10AM I 1.45 AM AUCTION 12PM TANDIS
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      655 20 NOTICE OF COURT MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons No. 1651 of 1999 In the Matter of Philips Singapore Private Limited (RC No. *****0140K) And In the Matter of The Companies Act, Chapter 50 (Revised Edition 1994) SCHEME OF ARRANGEMENT under Section 210 of
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      108 20 >1 THE WORLD S LEADING rT Y,r- OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 19/5 our worldwide staf? of over 275 multi disciplined professionals including lawyers, chartered accountants, chartered se< retanes arid I).inkers have provided /Mm i onfidential and i.nst ef f'ei five company formation in all the maior low
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      4 20 The Straits Tines CLASSIFIED
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  • FINANCE & commodities
    • Article
      Lock icon Institutions lead in active futures session
      301 21  -  SIMTTX Reports MSCl Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market came under late profit-taking pressure to close on a mixed note yesterday. DBS Group Holdings, South-east Asia's biggest bank by assets, rose 4.5 per cent on speculation that Morgan Stanley Capital
      301 words
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      Lock icon Futures soar on nope or govt measures
      143 21  -  MSCI Taiwan futures "T* 1 Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures surged eight points, led by textiles and plastics companies as people were hoping that the government would implement measures to support traditional industries. The Taiex
      143 words
    • Article
      Lock icon Profit-taking drags oil down but fundamentals still strong
      193 21 ENERGY REPORT Reuters [LONDON] Oil prices yesterday dropped as dealers took profits but strong fundamentals which swept crude to a 34-month high on Wednesday look set to prevail. Brent blend futures were trading at U5523.90 a barrel at 1245 GMT, off 59
      Reuters  -  193 words
    • Article
      Lock icon CURRENCY REPORT
      310 21 AFP London THE dollar rose against leading currencies here early yesterday after the announcement of a Japanese economic stimulus package which was in line with market forecasts. The dollar was being traded at 105.14 yen from 105.05 yen earlier in Tokyo and 104.65 yen here late on Wednesday.
      AFP  -  310 words
    • Article, Illustration
      Lock icon Untitled
      1265 21 MTERBAMK CROSS RATES \orli AS C$ Bmt> Euro Ffr Dm HK$ Ind Bs Bupiah Yen Won RM NZS Pak Bs Ptso S$ »wd Sfr MT$ tifct Pound US$ Australia 0.934 6.178 0.614 4.028 1.201 4.954 27.677 43.286 0.670 7.565 2.423 1.244 33.043 25.886 1.076 3.938 0.989 20.384 25.054 0.395 0.642
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      Lock icon Untitled
      1939 21 SICOM FUTURES Nov 11 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS cants/kg) Close Volum« Open Month High Low S#tt (tonnes) Interest Dec 99 122.25 1200 Jan 00 125.75 600 Feb 00 128.75 100 Mar 00 131.25 100 RSS 3 CONTRACT (US ctnts/luj) Volume Open Month Hjjqh Low Sett (tonnes)
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  • STOCKS east asia
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      Lock icon Focus on telecoms stocks as Hang Seng tops 14,000
      2862 22 HONGKONG AFP Hang Seng +130.17 HONGKONG share prices rose 0.9 per cent yesterday to regain the 14,000 level amid good corporate news and optimism over the Sino-US negotiations on China's entry to the WTO, dealers said. Buying shifted to telecom munications
      AFP  -  2,862 words
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      Lock icon CHINA
      1020 22 Reuters n Shenzhen B Index -OJB SHENZHEN'S hard currency B shares reversed early gains to close lower yesterday as a fall in domestic A shares offset investor optimism over possible measures to boost the B share market, brokers said. The B share index edged down 0.18 point, or 0.21
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,020 words
    • Article
      Lock icon TAIPEI
      369 22 AFP VP Index +130.41 TAIWAN'S share prices closed 1.8 per cent higher yesterday on buying of traditional manufacturing issues, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 130.41 points to 7,532.22 on turnover of NT$B2.2 billion. "Buying was primarily targeted at traditional manu facturing issues, particularly those
      AFP  -  369 words
    • Article
      Lock icon Tokyo retreats after firm start
      2044 22 TOKYO AFP Q Nikkei 225 -***** SHARE prices in Tokyo fell 1.3 per cent yesterday on profit-taking as investors barely reacted to the announcement of a massive state spending package, brokers said. The market had factored in the 18 trillion yen (SS2B7 billion) stimulus package,
      AFP  -  2,044 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8230 23 INDUSTRIALS Consumer products 1999 Last Vol Da* Net Cap High Low Company Sale OOO High Low P/E $mll 440 255 Ajinomoto 302 192 Jg* 174 46 A nqkasa 88.5 1-5 18 95 88.5 130.5 404 220 Apollo Food Hlg 308 4 3 308 304 7J 123.2 294 115 BeriayaLand 172
      8,230 words
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      Lock icon Shares edge lower on light profit-taking
      414 23 AFX-Asia n Composite Index -3J97 MALAYSIAN share prices closed slightly lower yesterday as light profit-taking set in after Wednesday's sharp gains following Prime Minister Mahathir Mohamad's decision to caU snap poUs, dealers said. While most investors stiU believe that the Mahathir-led ruling government will
      AFX-Asia  -  414 words
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  • SES clob & regional stocks
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      Lock icon Untitled
      3196 24 BONDS WARRANTS *t Ml IMH M IM last »W On uattaata l« luasa Cot U» CaaM MM M# Im Mm Cinay I* «ar- CMtl NUk law »W «a8w Wc. ImMMH W» <*» 6aarta»l UH 104 K>3 S 3160 *»Cf W*****1 USS 41 9\ 413 41 41 413 311 1 156
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      Lock icon BANGKOK
      785 24 AFP H SET Intel THAI shares gained 0.7 per cent yesterday but closed off their highs amid profit-tak-ing mainly in banks and finance shares, dealers said. The Stock Exchange of Thailand Index rose 2.89 points to 429.28, off a high of 433.56. Rises and falls were even at 93,
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      Lock icon MANILA
      285 24 AFP F1 Manila jig PHILIPPINE share prices closed 0.7 per cent higher yesterday on buying in selected issues although the market remained cautious ahead of a crucial US decision on interest rates, analysts said. The Composite Index rose 13.63 points to close at 2,010.31. AFP N»t1 Hm 000) MRC
      AFP  -  285 words
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      Lock icon JAKARTA
      722 24 AFP Q Composite Index -0.42 INDONESIAN share prices closed little changed in volatile trade yesterday, with late profit-taking in selected large caps erasing early gains, dealers said. A dealer with a European brokerage said while domestic investors were investing heavily in the market, foreigners were still sidelined. He said
      AFP  -  722 words
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      Lock icon WELLINGTON
      288 24 AFP PI Wellington +10J7 TELECOM firmed and accounted for the bulk of New Zealand sharemarket trade yesterday, pushing the main index up 0.5 per cent. On turnover of NZ$99 million, the NZSE-40 Capital Index was up 10.17 points at 2,069.54. Telecom rose seven cents to NZ57.97. —AFP —.h m
      AFP  -  288 words
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      Lock icon SYDNEY
      593 24 AFP All Ordinaries *42i AUSTRALIAN share prices climbed 1.4 per cent yesterday with a recovery in resources and mining stocks driving the market, brokers said. The All Ordinaries Index put on 42.1 points to 2,982.80. The All Industrials Index gained 62.5 points to 5,195.00 and the All Resources Index
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      Lock icon SEOUL
      303 24 AFP F1 Composite Index *&tt THE Korea Stock Exchange Composite Index closed up 8.66 points at 947.42 amid gains in telecoms and Internet stocks. AFP ftntf 1*680 BOO Brain Taeh——— "*0 J*0 Central Bank W '20 Chad Coma —***** 2900 Daa Gu Bank <*50 -150 0a*tang Corp.. 1 *<50
      AFP  -  303 words
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      121 24 H"My watches are a hundreel years behind the times A certain feeling of unrest keeps me £oin<g. I don t simply want to make watckes, I want to continually improve tkem. Tkis means notking less tkan bringing tkem up to tke same standards of tecknical perfection and precision; tke same
      121 words
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  • Article
    Lock icon STOCKS ses
    7601 25 MAIN BOARD Transaction date: Nov 11 Or Gr M W« 52-Wk Last Vol Day LmI Quota 0t» D4v JfJJ Cap *<t HtQh Low St No Company Sala COOP) Mjgh Law Buyar Sailar Cot P/E Smil Prtca mun MOUTHY 182 17.5 m b 1000 Acma50c 116 2 587 120
    7,601 words
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  • THE CEO speaks
    • Article, Illustration
      Lock icon Banking on Malaysia Inc
      1197 26  -  YTL Corp chief tells eddzetoh how his faith in M'sia and Mahathir helped the construction and power group to ride out the regional crisis EDDIE TOH YTL Corporation's Francis Yeoh an unabashed fan of Malaysian Prime Minister Mahathir Mohamad became the butt of cocktail-circuit jokes when
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      Lock icon YTL chief now a capital controls convert
      287 26  -  By Eddie Toh FRANCIS Yeoh is as capitalist as they come, so when Malaysia took the drastic step of imposing capital controls in September last year, he found it to be "shocking therapy". "(Prime Minister) Dr Mahathir stands for openness and I was
      287 words
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      199 26 UOB BANKING jfr r II 1: I I I ft VALUE-ADDED FINANCIAL SERVICES. YOUR OWN RELATIONSHIP MANAGER. A ROOM WITH A VIEW. (jf) At the heart of Privilege Banking is Plaza 2, Raffles Place, you'll find your Relationship Manager most those of you who do qualify, we're confident that you'll
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  • EXECUTIVE Lifestyle
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      Lock icon The PARTY planners
      2061 27  -  COVER STORY Folks who add fizz to any occasion The glittering gala, the product launch that sets the industry abuzz, the millennium bash that will have the whole city swinging those perfectly orchestrated events don't just happen out of the blue. tan sn ten talks to the
      PHOTO OF RONNIE LIM BY SIEW YAW HOONG  -  2,061 words
    • VIEWPOINT
      • Article
        Lock icon All men do what Jackie did? Dream 0n...
        719 28  -  Maatne cuff Between Jackie Chan's selfjustifications and Susan Faludi's theories about the emasculated male, one finds oneself, quite literally, in no man's land jaime ee I HAD a strange dream last night. Somehow, Jackie Chan was being dragged in shackles into a
        719 words
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        Lock icon STRAWS In The Wind
        215 28 Payingby mistake? WHEN DOES the left hand not know what the right hand is doing? Singapore Cable Vision (SCV) has been advertising heavily in the newspapers for its pay-per-view telecast of the world heavyweight boxing match on Sunday. However, it had to call its subscribers to
        215 words
    • ENTERTAINMENT
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        Lock icon Mix and match
        610 30  -  CINEMA There's a lot of romancing going on in This Tear's Love, bat don't expect another Four Weddings-type comedy By\ Susan Tsang THIS Year's Love begins with a reference to Four Weddings And A Funeral as a couple in bed wake up lazily, then leap into action
        610 words
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        Lock icon Putting one's criminal tendencies to good use
        489 30  -  CINEMA That's what happens when a jewel thief joins the LAPD in Bine Streak By Susan Tsang IT TAKES a thief to catch a thief. That's what happens in Blue Streak, when the LAPD unknowingly puts a jewel thief in its burglary department.
        489 words
    • TRAVEL
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        Lock icon Northern exposure
        968 31  -  No, not Alaska, or Roslyn, Washington, but in Abisko national park in Sweden's Lapland a rugged wilderness with a 210-mile walking trail which ammaieo starts on, and hopes to complete during her next visit ANNA TEO BACK when I was following closely, week after week, the adventures and
        PHOTOS BY ANNA TEO  -  968 words
      • Article, Illustration
        Lock icon The reindeer connection
        583 31 For the S&mi herdsmen, life revolves around the animal and its migration patterns CAN one describe a reindeer so precisely conveying such detailed information about every bit of its fur, hooves, antlers and age that in a herd of several thousand animals, only one reindeer fits the
        583 words
    • EPICURE
      • Article, Illustration
        Lock icon Art you can eat
        757 32  -  Justin Quek has put together a new menu at Au Jardin that plays on the senses and changes the conventional process of eating, jamb be assesses some of these mini masterpieces JAIME EE WHEN does food stop being food and start becoming edible works of art.
        JOYCE FANG/ST  -  757 words
      • Article
        Lock icon Lychees and roses
        794 32  -  WINE CONNOISSEUR tiewurztr&miner goes exceedingly well with the spiciest of A«»n dishes By\ N K Yong OF ALL the Alsace varietals, Gewurztraminer is the most easily recognisable. Its high-ly-perfumed aromatic and almost voluptuous bouquet of lychees and roses is unmistakable. This impression of lychees and roses continues
        794 words
    • GOLF
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        Lock icon Weekend with the hot shots
        456 32  -  WORLDCUPOFGOLF The two-man team event at Malaysia's Mines Resort will feature players from 32 countries From) Eddie Toh in Kuala Lumpur MALAYSIA may not produce many world-class athletes but sports looks set to become a major income generator for the country. The country has staged
        456 words
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      Lock icon CINEMA
      710 34 The All New Adventure# Of Laurel And Hardy: For The Love Of Mummy Modern-day revival of the comic duo, starring Bronson Pinchot, Gailard Sartain and F Murray Abraham who have adventures with an Egyptian corpse. Previewing at Lido. American Pie Grossed out comedy about US kids coming of age
      710 words
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      Lock icon ENQUIRIES AND BOOKINGS
      117 34 Cathay Org Cathay *****00 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yantfx 223-7529 Eng Wah Empress 777-586/ Jubliee 454-164U Mand»m 292-9401 Marina 338-9719 Whitesaids 585-1782 Qoldsn Villags 1900-912-1234 332-6098 for group bookings A wheelchair facilities Bishan Boon Lay Marina Tampines8 Tiong Bahru Yishun Ovsrssss Mo¥ls Clementi/CoVwealth 777-0669 Golden/New
      117 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Profusion of numbers equals confusion
        757 35  -  I=ll comment YOUR MONEY More independent advisers needed to help Investors digest Mercer's data genevieve cua THERK's no doubt that William M Mercer, investment consultant to the CPF Board, has done and continues to do a good thing. Last week, the firm released its second
        757 words
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        Lock icon Sentiment drops as selling continues
        1517 35  -  inside Robert Halili The writer is director of Asian Ownership Research at Primark SINGAPORE insiders continued to sell against the market's rise, with the sentiment shedding 35.2 points to close at -29.1 this week. The DBS-50 Index, on the other hand, rose by 3.58 per
        Source: Primark ITA; FII.E PHOTOS  -  1,517 words
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        Lock icon Benefits of a regular savings plan
        568 35  -  BACKIM.IUP.U "y Patrick Corfe INVESTORS often worry that stock markets are over-valued and that they will buy at the wrong time. This begs the question of whether there is a "right" time to buy, and of course there isn't. But how often have you
        568 words
    • UNIT TRUSTS
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        Lock icon Fund backed by ethics
        713 36  -  UOBAM launches S'pore's first unit trust with a social purpose, reports OEMiiVUiVi! cua GENEVIEVE CUA YOU'VE heard of theme funds off hand there are quite a few on the menu today, rang ing from technology and property, to the recent launch of a new junior fund
        713 words
      • Article
        Lock icon Investors seen putting in $50m
        348 36 SINGAPORE'S first ethical fund could attract $50 million in investments, says UOB Asset Management managing director Daniel Chan. "I'm willing to be surprised," he adds. The new fund, called the United Global Unifem Singapore Fund, is a joint project by UOBAM and the Singapore chapter
        348 words
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        Lock icon Capital pouring back into EU equities
        3460 37  -  LETTER FROM LONDON Fond managers are moving their investments from risk-averse options into higher-yielding stocks By Shiv Taneja The writer is with Standard Poor's Fund Services, based in London. For more information on Standard Poor's Micropal Star Rankings and Standard Poor's Fund Research Ratings,
        3,460 words
      • Article
        Lock icon Keppel is latest to offer Japanese equity fund
        921 37  -  Keppel portfolio will mirror Dresdner's top-performing fond Reports by Louis Beckerling LOCAL investors hoping to hitch a ride on the Japan equity bandwagon get a seventh specialist fund to choose from next week. The latest offer will come from Keppel Investment, which
        921 words
      • Article
        Lock icon Dresdner shows good returns: Keppel
        228 37 NG Lee Lian, executive director of Keppel Investment Management Ltd, said Dresdner was chosen as its Japan Fund adviser because of the superior returns earned on its own Japan Fund. "We are basically an Asian equity house without expertise in Japan, so we appointed Dresdner
        228 words
    • EXECUTIVE money
      • Article, Illustration
        Lock icon Untitled
        1071 38  - What does the Qualifying Foreign Bank status mean for the banking sector and for establishments that have failed to clinch the award? More significantly, how will consumers benefit? SIOWIJ SEN takes a look at whafs in store for customers SIOW LI SEN IF NOT for the fact that the year
        FILE PHOTO  -  1,071 words
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      315 27 SI SINGAPORE DANCE THEATRE jjSj Presents One the ballets ever choreographed 9*, 10 &11 December 1999, Kallang Theatre, B.oopm *9 Dec Gala Performance featuring Chan-Hon Goh and Aleksandar Antonijevic, Principal Artistes of The National Ballet Canada. V^BF Donation are available from the SDT's office (Tel: 3)8-0611, fax: 338-9748). 10 &11
      315 words
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      38 27 KT EL Sag PKr > vaaPi Travel Sweden's northern exposure: go take a hike 200 km above the Arctic Circle in Kiruna national park ELS A Epicure Edible art: mini masterpieces from Justin Quek at Au Jardin EL 6
      38 words
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      273 28 CRYPTIC CROSSWORD ACROSS |i 5 5 E H I i f j§ 1 First course once particular to London (3-4) BV H| HV flB |HT |H 5 Small ship contains nothing in exuberant style (7) 9 Script showing links between |Hf characters (6-2,7) IB—HI H 10 Hunting parties provide food,
      273 words
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      451 29 K m' 1 J*Bi %M j|teyß vV^W^ AA <$»&? < *SKK *"4§HraSl»l>!slsSl!3ffi&w&nl^BH^^B iP|g^!spilpM' a fx ,m r t»r!' WKKKK f i,^wr*^ Mi aMIIIII,ir Solid long-term prospects. Sound fundamentals. And a speedy iMHK WrM M recovery. No wonder financial analysts are continuing to revise their mhSBB|W growth forecasts for the Asian
      451 words
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      229 30 Where to wine, dine and entertain..."^ award MM winneMM 6.30pm 10.30pm i Afgovgrunentte*. 76 Bnu Bush Rand, Singapore *****8 Tel: 338-8333 Fax: 339-6866 Wekvtite http://ww-w.carltoo.com.ag E-mail: ReataurantaeCarlton.com.ag Cheers fl To a night of V great fun and I entertainment ttk J at Cangtry's X 7? Happy Hours Hp f 5.00pm
      229 words
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      175 30 H' i I j available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tel: 737 9944 Fax: 733 3175 O HWWimWIIHIiWHIIBiBgKIB HI S H f) 2oOn rtff H lO §y ri*y- ofJ Be Scotland battle England I
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      174 30 Treat your family to a sumptuous ipreod j of over 40 varieties in our Weekend BUFFET LUNCH rVji)emneU(YJrt'fr Saturdayi tr lia4an N— Adult $13.80++* Child 9.Bo+♦♦ Public IMMijn Adult $15.80*>+ Child $12.80*+* Free flow of Soursop juice, Coffee ond Tea MAMklhlNi tar mq <MM I Every Saturday A Sunday 12.00
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      124 30 Tuck into all the fresh seafood you can eat, including Oysters, Prawns, Crabs, Salmon and many more at St. Gregory's Brasserie. Lavish dinner buffet nightly for the month of November only. $28 (Adult), $17 (Child) For reservations, call 432 5567. 'Prices subject to temct govt taxes including GST IST. GREGORY
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      106 30 tevolvinf floor A Festival ofWines V" the Cuiane oAtnctrx Itah I 2-14 Novanber 1999 Reservations: *****58/88 I iffiS Orchard Road. *****7 W 737*411 Fai 712 2161 KovmrioH- <n*\> C+&C 113(W* 230fw The Singapore Marriott Hotel is famous for its fine International cuisine Now you con enjoy a leisurely Sunday Brunei)
      106 words
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      62 32 Ef AAyHMH I 118 iVTWI v ?V-. j•» '>■$, .-f- U' J Membership from only Sslo,ooo. For enquiries, please call 738 1822. i r y v f 'T^' v "Cr v* m <■ > ■•£*> f/: -<- •-> k A v' ->■ K -2 >* f0 fe 3 -j<L,'^v■-"•' r,
      62 words
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      199 33 hFfStles in one THE NEW SAMSUNG SGH-800 Ultra Large LCD Screen cpcpiAl Real vision-the largest LCD display in Singapore. 4 "^l^" Voice command For convenience and speed, activate functions |pp;vC I JMfe Organiser 4 $698 Stay in control personal Information (Only for Champagne Gold) Calendar a To do Built-in Answering
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  • Page 34 Miscellaneous
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      2298 34 TODAY'S TV lira 11 J L3O Klang River Runs Dry EECOMMEKDED VIEWING (Pt O3.00 PM TV Innovations. 2.00 News Day. Rourke is hired bv a 400 ei Jf!S,. mphre y »-30 Asian Market Report. Brosnan S KOurKeisnireaDya Rock N Roll. 0.00 Headline News. I~ mysterious Robert De 4.30 Walter Melon.
      2,298 words
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      378 36 CIVW FIRST STATE ASIA TECHNOLOGY FUND v < %s■'*: \.l r J v f > V i > -S These days, the 'Made in Asia' label commands both admiration and persona) computers*. Home to almost SOS of the worlds population, Asia including Japan. Australia and New Zealand Managed by a
      378 words
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      205 38 many |happy| returns i choose dollars or pounds i p and earn up to 30% J ust three years ON VAPOTVJ^vtv^j Special 3-year equity-linked deposits Earn up to 30% on a three-year Sterling Earn up to 30% on a three-year US Dollar deposit. The maximum return will be paid if
      205 words
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      25 38 Unit trust BT Comment UOBAM'snew fi HowmuchofMercer'sdatacana offer is S'pore's M} unit trust investor absorb? EM 9 first ethical fund, EM 10 I r Tlk!
      25 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      303 39 Bridge News, Reuters CAPESIZE rates for modern tonnage at least have stabilised in most areas, while panamax levels in the Far East continued to rise for trip and period business, brokers said. There was also some evidence that Atlantic panamax rates would follow suit, but conditions for handysizes
      Bridge News,; Reuters  -  303 words
    • Article
      Lock icon MARITIME STOCKS
      297 39 SO *000 x» n *h cm OMrftutton 1-30 a 01 so Chuan Hup 1.94 0.02 1311 Coko Investment 1.19 0.03 73 Frwqtrt LMu 0J4 0.03 2643 GB Holdings 0.95 0.06 54 Hal Sun Hup 0.73 0.03 989 H4C Heidtngs-HK —5.60 until 0 JayaHoMkigs 1.02 0.01 425 Jgrong Shipyard
      297 words
    • Article, Illustration
      Lock icon UK to boost port safety with new rules next year
      499 39 Code to promote good work practices in ports and protect marine environment Bridge News [LONDON] Britan has announced plans to boost safety in its ports with new rules resulting from lessons learnt from the Sea Empress tanker oil spill in
      Bridge News  -  499 words
    • Article
      Lock icon Norasia to start second trans-Pacific service
      211 39  -  By\ Marcus Hand [SINGAPORE] Norasia is launching its second transPacific service connecting Asia with California on Dec 4. The new service links China, Hongkong and Taiwan with Long Beach and Oakland, using four newly built ships with a service speed of 25 knots, reducing
      211 words
    • Article
      Lock icon Cargo owner loses case for widely worded letter of undertaking
      817 39  -  ADMIRALTY CASEBOOK By\ Selva Kumar FOLLOWING the arrest of a vessel, it is common for the parties to negotiate a suitable letter of undertaking to be given by the shipowner for the release of the vessel so that the commercial
      817 words
    • Article
      Lock icon Manila to remove ship grounded off Spratlys
      301 39 AFP [MANILA] The Philippine government assured China it will remove a navy ship which ran aground on a disputed South China Sea shoal, following an official protest from China. President Joseph Estrada's spokesman Fernando Barican said in a statement Philippine diplomats have assured
      AFP  -  301 words
    • Article
      Lock icon Star Cruises to speed up delivery of vessel
      181 39 [SINGAPORE] Star Cruises said yesterday that it will accelerate the delivery of its second 112,000-gross ton (gt) vessel, the SuperStar Capricorn 11, due to strong acceptance of cruising in the AsiaPacific. The vessel will be delivered in October 2004 instead of 2005,
      181 words
    • VANCOUVER port
      • Article, Illustration
        Lock icon Dispute costing C$90m daily
        553 40 Employers have locked out workers in Vancouver and Canada's other Pacific ports after disagreeing with union Reuters [VANCOUVER] THE labour dispute in the west coast of Canada has blocked most shipments through one of North America's busiest ports, Vancouver. As calls grew for the Canadian federal
        Reuters; FILE PHOTO  -  553 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      315 40 PAGE Eng lee 13 ANL 3 ESP Lww 13 Accord 8 a***" 6 Ahrenkiel 14 8 ftnptnrtrip 5 Fft Links 14 Asia OCL 13 L a Gemartrans 6 Austral 8 A«Mt 14 GMShW u u Glob*' 13 r HaiSunHup 12 BTL 14 Hangli 7 Bala)i Shpq 5
      315 words
    • Article
      Lock icon SHIPPING GUIDE
      20506 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Dest'n Name Name Number Number 26/fl 06/01 NVK IHARUGA 021N 65 *****21 To ABIDJAN (ABJ) 2003 Cote D'lvoire 26/r. 13/01 nyk ikaruga 021N *****0121 2i/n 09/01
      20,506 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        511 53 Vessel Voy No Berth Arrival Departure Jvronq Port M Pufpose4 3 JM 00/11/8:00 10/11/15:00 Rl 2701 2 J13 08/11/10 00 10/11/11:00 Hermes 19 J04 06/11/8:45 09/11/23:00 Bt Mek Nov 08 J01 08/11/10:35 08/11/23 59 MkMS Mop# 32 J12 09/11/7:00 11/11/18:00 Bt Rahmat II ***** J01 09/11/0:00 09/11/17:00 Bt
        511 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2006 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Boiance Rstlj Ship Voy No Etb/Btr Period Fro* To From AO HACNOllA 0168 5/700 IB 0J/1500 03/W59 03/1900 2A 03/1700 04/0659 04/0*00 28 03/1700 04/065* 04/0*00 J 04/0700 04/115* 04,1400 4 04/1200 04/1459 04/1700 AlAMJAYA 2 MM 4/8 00 03/1500
        2,006 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        119 53 Nov II Belgium: Remembrance Day. Canada: Remembrance Day. France: Armistice Day. Nov 12 Taiwan: Birthday of Dr Sun YatSen. Nov 23 Japan: Labour Thankgiving Day. Nov 28 United States: Thankgiving Day. Deo 8 Italy: Immaculate Conception. Deo 9 Brunei: First Day of Fasting. Dec 23 Japan: Emperor's Birthday.
        119 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        801 53 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 market. Prices shown are based on averagesized stem Market movements are indi cated. The Cockett Bunker Price Index change and
        801 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        623 53 Carbon 180 Mai 991.1 1.2 17.8 0.09 60 0.09 Nov 4 Density Water Rntdut At* Aluminium Sediment No above E25 1 1*000 rrrr- 380 Ave 989.5 0.5 13.8 0.06 23 0.02 E„ M 380 MM 995.5 0.9 18.1 0.08 47 0.04 KC/Wi HV/V u/H u/u iiwttex
        623 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Airbus' order backlog exceeds Boeing's for first time
        428 54 Milestone may lead to price wars as Boeing aims to reverse situation Bloomberg [TOULOUSE, France] Airbus Industrie has a backlog of plane orders larger than rival Boeing's for the first time, marking a milestone in the European plane maker's effort to catch
        Bloomberg; FILE PHOTO  -  428 words
      • Article, Illustration
        Lock icon Pullman pulls the sheikhs
        35 54 [DUBAI] Emirati visitors to the sth Dubai motor show taking a closer look at the newly launched Mercedes Benz S<lass Pullman which was unveiled at a world premiere show here. AFP
        AFP  -  35 words
      • Article, Illustration
        Lock icon Seoul seeks arrest of Korean Air chief on tax charges
        420 54 Bloomberg [SEOUL] South Korean prosecutors sought an arrest warrant for Cho Yang Ho, chairman of national flag carrier Korean Air, on charges of tax evasion and embezzlement news that pushed up the airline's share price. Prosecutors also questioned Mr Cho's
        Bloomberg; REUTERS  -  420 words
      • Article, Illustration
        Lock icon Call to allow UK aviation industry to expand
        240 54 Reuters [LONDON] Britain's aviation industry stressed its importance to the economic health of the country and warned of dire consequences if air traffic growth is restricted. "British aviation is more than a successful mass transport industry because its influence and economic significance
        Reuters  -  240 words
      • Article
        Lock icon UK govt urged to create new transport safety authority
        406 54 New body should set rules for railways, aviation, shipping, road transport: MPs Reuters [LONDON] An influential committee of British MPs called on the government to create a new transport safety authority to set the rules for railways, aviation, on the roads
        Reuters  -  406 words
      • Article
        Lock icon Untitled
        1923 54 OTT fUCHT CM MBIT Ot *****0 2399 mmm sws 820 m—m sow two sono obs MH* AM230 1905 AN8229 2230 Cuan+tlioo $0803 1910 C23S4 0910 LH6381 1905 LH6380 2230 C23S1 2045 S0B04 1015 soao ww «a> 200 m »*74i bw vnso742 ons Aartariaa 6A975 820 ****** 0130 S0VW176 1035 ******
        1,923 words
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      176 39 Dispute costing Vancouver port Cs9om daily Page 2 Airbus' order backlog surpasses Boeing's Back page z The tide has turned. The shipping industry has picked up dramatically in the past year. It's all systems go! E Around the world, aging fleets have to be repaired, converted or E replaced and
      176 words
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      1252 40 I NORTH AMERICA 1 I EXPORT I I OTHER DESTINATIONS "I sax SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEBT COAST OF CENTRAL AMERICA (MARGARITA SERVICE) Ivor lEUSM "1 (IB SM LOWS HMM ONUS HOIKIOW OOCAfiO WW TOM ODOCO OTT msa WT 11 Pta«nM| MAMU SMI 10MC0 CTOMTQ PI CMMM
      1,252 words
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      714 40 /(BBpk Members o< the Singapore Freight Forwarders Action Unes services represented /4»9u\ by Members ol the Registry ot Accredited Shipping Agents. S'pore National Shipping Assoc NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 23/11/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 <3555/
      714 words
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      1096 41 TO EUROPE FROM EUROPE VKsa VOY SW HTM AW HAW RfV SOU fXT UH VESSEL VOY imi AMD HAH HV SOO FIT Lffl 51 HY DUKE 321W 16/11 03/12 OS/12 01/12 02/12 NOt AGATE 013(21/10 23/10 24/10 20/10 13/11 DANUK S4BW 18/11 11/12 08/12 09/12 06/12 NOICOMI 0101 24/10 24/10
      1,096 words
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      2275 41 CntMHr Wnu H»ffar I Havy lan W *****25 GO HANJIN SHIPPING lar I 9J W|« Lw Sdbs *****30 HANJIN SHIFTING (S) PTE ITD tap //w— torn cam IOOtIUG *****35 7V SAUS *****74 731 DOCIMWI *****/1 774 OfWTIOtt ********** MAIM [IN€ *****5S FAX 777W0 QUO 11 $34******* TO NW USA CANADA
      2,275 words
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      1547 42 DSR-SENATOR LINES TO UK/CONTINENT TO MKUI IKKfIANEANCANADA KSSJL |SM L£H RTM AMR HAM SRV FLX VtSStl |w»Y SIN 61T J« FOS WC HTB PUSAN SENATOR SmT "Sii" 2511 Nil 2711 Nil *11 tl.ll PAUHMO SENATOR M37W 11.11 2t« Nil "12 1112 TKAOt Sf LEI* OQ2SW (It 11 *11 2t 11
      1,547 words
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      991 42 MAC-NELS S PURE M'SIA Carrier: MN COUTH LINES, INC p.guoang:m 3BB3726 K~/\~ JMW: IaoWTMOOOC SIBU: (064) *****9 MAHM-A: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUCHWG (082) *****1-3 PORT KLANC MANILA MV "PENANG GLORY" V.910S MV "LT EUROPA" V.*****N
      991 words
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      659 42 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMttl SPORE N SHEVA COLOMBO P KLANG CAPE CANAVERAL VII4W IS MOV 23 NOV 30 NOV 06 DEC TULSIDAS V 117 22 NOV 30 NOV 17 DEC 12 DEC TARPON SILVER VII7W 29 NOV 07 DEC 14 DEC 1* DEC CAPE CANAVERAL VIISW DC DEC
      659 words
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      1810 43 [vessel voy khh hkq sin pkg pqb dxb PMM ba bik IRAN SHAHRYAR PCL-5127 03/11 05/11 09/11 10/11 18/11 20/11 21/11 22/11 24/11 IRAN BAABAEI PCL-5128 10/11 12/11 I#/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 OS/12 07/12 09/12 IRAN TABATABAEI PCL-130
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      Lock icon Page 43 Advertisements Column 2
      1137 43 Selling to Mm NmMM, 1 Djibouti (Ylo Mai) I SINGAPORE'S GENERAL AGENTS: 80 RORINSON RD TEL 226 1900 FAX: *****04 OUTWARD (l/l) COSTAR SHIPPING PTE LTD #12-00 sales/ikgs *****57/60 inward deft (d/o) 420szss COSTAR AGENCIES (M) SDN BND CK WO: **********001 SINGAPORE *****8 CONVENTIONAL *****50/55 T/SHPMT DEPT *****25 TtL 02-07-35
      1,137 words
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      900 43 txrori awn I imr Inm if!; Ifr iflit 135 Iffn |g?it';"ii Msr i lilt IST lii lIM Karat uatoß w t no* i i ■!—m mnam. a mats—* »u a mmm m ta TKANSPAOBC SiKVICI EXPORT (Y AiMA OONK ETA HM 20/11 01/S ON MMN 0011 ETA DM M/ll IMPO«T
      900 words
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      1369 44 SGP RDM ANW HBG THP ZEE LHV LHV THP ROM AMW HB6 PKL SGP EOIADEMRW-OM 14/11 62/12 88/12 04/12 66/12 67/12 86/12 E. ROUND RE-039 26/18 MM 36/16 11/11 i OAINTY RW-«I3 21/11 09/12 14/12 I*l2 12/12 13/12 14/12 E RENOWN RE-188 64/ II 66/11 06/11 87/11 66/11 2m 29/11
      1,369 words
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      733 44 rjSSgmi PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, 003-00 PIL Building, Singapore *****0. I I Ilvwa 19t n» m m wm m m mm I ATI SBfflS*-' "j— WMMTBATAH 455 U/ll 30/11 'V» fvtSStl VOT ISi I CM m Mi HOP JH> AQJ KB «S* MM MO I i
      733 words
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      424 44 IWaltMl'l— 50 TELOK BLANGAH ROAD 102-02 OTPORT CBfTK rTOUE MM TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W VESSEL VOY ETA ETC) DESTIMJKM MMUKWA 3M9 11/IM 12,H« MUNTOt MA6URI IM9 IVIIWIMIW KUANHWONTIAIMit MABUKWA 4048 1*11» 17/11® PALEMBAN&PKLMLAM IMAMUI 14M2M1»2V11/B MALAYSIA PORT PONTIANAK RIMAWA QU9 20/1139 2Ml#
      424 words
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      433 45 BSfl i. ymm MYANMA wBBk FIVE STAR UNE (Myaamar Natiooal Line) Loading for Yangon (Rangoon) VESSEL VOY SIN ML PIN PGU MONGLA 20W 16/11 MAWIAMYIM 07W 30/11 MALAYSIA AGENTS: OOUSTUO SHIPPING AGENCIES KUL TIL (03)*****00 ML TH (03)*****01 PEN: TU (04)*****02 PGU: TIL (07)*****21/4 BANK LINE (A strvict of Andrew
      433 words
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      1273 45 HAfA#-' HYUNDAI MERCHANT MARINECO., LTD. vissa vorlsw|souluH|n»»lMiT|HMi|wv|Hi|lvbsb vor sou i» am mm m "m" sw MM S3MV 12/11 03/12 04/12 20/11 30/11 NOLAGAI! 01 20/10 27/10 23/10 a/10 13/11 HYDUK 321W 15/11 01/12 02/12 04/12 07/12 NOICOBAL 0101 21/10 30/10 a/10 a/10 14/11 DANK S4IW 11/11 04/12 11/12 00/12 09/12
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      948 45 WALIENIUS WILHELMSEN TO NORTH AND lATIN AMERICA "CAR RORO HIAVTUFT SERVKI* VESSEL VOT RAMP HEIGHT SIM LAX CXL MIA SAV ]Ui Off NYC MW MM TEXAS ANIO 400 Tmh 6.3 M ~247iT 25/12 ***** 0470T 00/01 10/P1 TT7oT 13/01 17/01 19/01 TOOA AHII 400 Tmh 6.3 M 12/12 09/01 17/01
      948 words
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      795 46 KANQK OK/MAP TA PHUT/LAIM CNABANOj J AKAHT A/PAN J ANO VFISSFI VOY SIN BKK MTP LCH VESSEL VOY SIN JKT I PJN MATHU BHUM 440N 13/11 17/11 16/11 BAN! BHUM ***** In Pt 14/11 XETHA BHUM** 309N 14/11 17/11 18/11 BUNGA MAS TIOA *****7 13/11 17/11 SHIMANAMI 096 15/11 18/11
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      361 46 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTEMNER SERVICE a Ivotlhk J! m m m> m. -a \a |w hi urn it n/ii «3/n w/n >7/i? u/it ■wm ?S W" 64/12 12/12 M/ 17 17/17 HQIONBSMH 24S 07/11 17/11 19/12 21/12 N/12 mwow Iml »«/ia»/n| U/i?|a/it| b»/»lFEEPER SERVICE TO INDONESIA
      361 words
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      720 46 VESSELS VOY rSN PKL I JED I MLA LEH HTM HAM ZEE SOT VILLE DE ANT ARES Ug 16/11 17/11 30*11 Ogg 07/12 o*l2 I<yi2 12/12 VtiEDEVWQO S34W 22/11 2VII 01/12 (XVI 2 12/12 13/12 14/12 16/12 16/12 N34W 29/11 3ttTll 08/12 14/12 19/12 20/12 22/12 34/12 26M2 SAUCM JUBAJL
      720 words
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      67 47 New Advertisers/Services/Agencies FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE Turn To Pg 5 China Shipping (S) Agencies Pte Ltd Wfallenius Wilhelmsen New Europe To MIDDLE EASTI S.E. ASIA service Pg 7 (Barwil) KYOWA LINE Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily Asia Oceanic
      67 words
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      46 49 VaTil Dial 740-6000 OFI G€fTldnQ (Retrieve more schedulesl) JC\ Select the port and key in SKI the four digit code eg: To New York (NYQ 2275 st£> Key in your fax number ij[ your phone number Anotherlnnovattvs scrvks offered by The dOCUmefTt Will be Shipping Times
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      184 50 Mitsui QSJL Lines.Ltd 3 COCOS TRADERS (FOREST PRODUCTS SERVICE) IStmi (km Senice For Chrwtitms Island Fre— dp <x>cu» Island) EUROPE SERVKE I "Also call ndiyr west Australia ports subject In inducemtnl TAW SKN KKU TMA VESSEL VOY. SIN ai FML COS OCEAN QUEEN 30/11 02 12 04/12 WRSTBI 4SS| 01
      184 words
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      338 50 TO lUROM CHINA H. EUROPE SCTVtCE VESSgL/VOY XQQ QOA SHA HKO WW MAM HTM FEL HANJIN SAVANNAH 079W 31 OCT 02 NOV 0« NOV 08 NOV '2 NOV 02DEC p4 peg W PK TRADE MAPLE 026W 07 NOV 09 NOV 11 NOV IS NOV 19 NOV 09 DEC '1 DEC
      338 words
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      189 50 FOUR TIWtS/ WtEK SAILINGS: P. GUDAM6/SINGAPORE SOUTH KKJWD VESSEL W P6UOM6 SW KUALA SUK 8 13/11 ft*: KUALA SIAH TOks 12/11 (W) IMLGffl— KliAL* B CTS 14/11 KUB IyiHMMI gjugjil SK is/ii mom mi tun KUALASUIt 8 fTTTS 17, V [Ws)i H.HfTHU; KUALA SMI W3B Ml HP H/llffB) TH tQU)|D
      189 words
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      689 51 SSAMUDERA SHIPPING LINE LTD 72 Anson Road, *06-01 to 03, Singapore 07?t11 MAW UME/OUTWARD: 532 36M INWARD (DID): 437 23M IMPORT STATUS (DID): 437 2371 HMHTORT (DtDh 437 2420 Wobslto http://www.»«iii»doro.<oni CR NO. **********0 D BOOKINGS UNE; 535 6266 (Celiq/J«i»ica/Mei Chon/Jcslynn/Poro/Hanim) IOgBBSESH 8 SLGS/WEEKLY 3SLGS/WtEKLY 1 VESSEL VOY SIM JAI
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      840 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PKG V* JKT SUB KM f POO CM MM HAI NTI Off SAV HPN TAlT|"n«Tj MOICHDW /0654 19/11 25/11 29/11 01 H 11/12 06/12 U/ll 21/12 U/01 21/01 22/01 »S/0» 29/01 03/0? 07 02 HOIGH lUNHVA /MS4 14/1? ~?0 I? [24/12 24/12
      840 words
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      534 51 \«mm ENG LEE SHIPPING CO PTC LTD I M: *****75 (4 Umi| Fei: 5330t3t/531t940 I T OH* 15t2990tMtt I VESSEL VOT SIN ETA SIN ETD DESTINATION Unon Sn 77 3/99 09/11 11/11 Suraboyc Mono Polo 777 5/99 10/11 11/11 Joknrtc S*w Central U/99 10/11 10/11 Dum/P fern/fawns UnonSmrTO 7/99 11/11
      534 words
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      588 52 VESSEL VOY SIN MAA SIN TIGER BRIDGE 748N 13-14/11 18-22/11 26-27/11 TIGER METRO 750N 17 17/11 22-25/11 30-01/12 TIGER ISLAND 751N 21 22/11 26-29/11 03^4/12 TIGER RHYTHM 749N 24 24/11 29-02/11 07 0&12 TIGER BRIDGE 752N 26-27/11 02 05/12 0910/12 TIGER METRO 753N 30-01/12 05-08/12 13-14/12 SIN I XPRESS SPORE
      588 words
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      825 52 FREIGHT LINKS EXPRESS 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 HEAVY
      825 words
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      1209 52 For booking I enquiry cat *****80 /j^V Websit*: bttp://www.Nd(M VV MOKTH AJUfIICA USA SGPLO CHI MEMNYCHOU V t—rt lUN ST( HOJ ol LB SGP OOCi MIUIN 79EV47 17/11 03/12 Ot/1? 09/12 04/17 OVI7 00CL llltt* 7W543 19/10 70/10 71/10 77/10 77/10 14/11 OKI AMEKKA 34ES4J 7VII 10/17 IS/17 l«/ 17
      1,209 words
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      31 53 Cairo or Congo. Sailing schedules to The African Continent. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered by Thkßi sinkssTimks I shipping times
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      32 53 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. t Another Classified Service Buy It. Sell ft. Find ft.
      32 words
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