The Business Times, 10 December 1999

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Microfilm: NL21680
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MTTA (P) 046/12/98 SINGAPORE Interne*: http://business-times.asial com.sg/ FRIDAY, DECEMBER 10. 1999
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  • Article
    Lock icon MARKET SUMMARY
    56 1 rnmm UsnJl (+20.78) VllW U 8MJ8(+7.50) SIOClEARIEr INDICES Ttareday Change KLSeOOMP 717.11 *7.46 MM® 1&2N.71 140.48 8AM 8EN0 I6J70J6 +J61J7 SET INDEX .419.77 *%M JAKARTA OOMP 031 Ji +1IJ7 MANILA COMP _t»L* 11.14 TAIPEI WPT 7,7*84 -7118 tBMLOOMP MM -7.78 CUA CHINA B TSUI -7J1 AUSTALLORD &136JQ, +17JO
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  • Article
    Lock icon FINANCE
    74 1 ran bates us ss U» 1.881 SJU&S/SSperf) 1JX7 17* 1 m 1.723 DM 1JQ7 1861 YEN 103.1 lJ3t* 101 1.800 0.442 Htt 7.771 1216 RAW t&Ct MM SOFIAH 0.013* St to 100 witti ran tins SINGAPORE* 5.80 KUALA LUMPUR 715 JAKARTA 40 00 BANGKOK 10.00 MANILA 11.00 BONG BONO..
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  • Article
    Lock icon Where an en bloc sale wouldn't be a Lucky break for its owners
    749 1  -  -iiexclusive Lucky Plaza's owners probably stand to pocket more if they were to sell off their shops and apartments on a strata area basis By. Kalpana Rashiwala [SING APORE] Some owners of Lucky Plaza, a shopping-cum-residential building
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  • Article
    Lock icon STI hits fourth consecutive high
    232 1  -  Electronics stocks and laggards catching np, boosting the market By, R Sivanithy [SINGAPORE] The Straits Times Index managed a fourth consecutive all-time high yesterday, thanks mainly to electronics stocks and a rise in laggards like Singapore Airlines, Cycle Carriage and City Developments. The broad market,
    232 words
  • Article
    Lock icon B Melewar, SIAS strike positive note on Clob
    582 1  -  Another meeting planned next week to resolve dob impasse From Eddie Toh in Kuala Lumpur MALAYSIA'S Bintang Melewar and the Securities Investors Association (Singapore) are hopeful of finding a joint solution to the long-drawn Clob impasse. Following their maiden meeting yesterday, the
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  • Article
    Lock icon Statement by Securities Investors Association (Singapore)
    186 1  -  David Gerald Jey Pwrfit.ffllff OnilM TUNKU Iskander, group AtD ofMelewar Group Berhad, and his advisers met with me and two other officials of SIAS this mornmg on their proposals to help solve the Clob saga. We hod sight of the draft offer document for
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      90 1 |H BIDE Cmc Monty Redemption blues: Why unit trust holders should take the long-term view. o*l6 >bur money: Do •hare buybacks make I sense? CM 11 The pick of penny 1 slocks: Cifff •v« Top stories &Jan COE premiums for brands such as Mercedes-Benzes, BMWs and Volvos are soaring. MIT
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      28 1 Hospitality Never a better time to be a hotel guest in Singapore. EL 1 I 1 N*. A demanding v macho machine EL 6 Market comment, Pg 6
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      46 1 ■OmX k« The movement Heir a proud watchmaking tradition <W ogjjs& 1 m/Mt I /^K 65/***** 51, Fax 65/235 82 00. Dickson shops: The Centrepoint. Suntec Plaza, Millenia Raffles City. Paragon Sincere Watch For more information: Asia Pte Ltd. Suntec *****7. 65/333 0801, Fax 65/333 0803.
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  • NEXT page
    • Article
      Lock icon Big car COEs are new battleground for dealers
      519 2  -  Improving economy releasing pent-op demand for company cars; GMT rnsh also fnfllling riftmaiul By < Christopher Tan [SINGAPORE] Competition between motor firms has veered sharply towards big cars, sending COE premiums for brands such as MercedesBenzes, BMWs and Volvos soaring. At nearly
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    • Article, Illustration
      Lock icon Everest mystery continues
      749 2  -  PEOPLE New evidence suggests British mountaineer may have been the first Reports by, Anna Teo [SINGAPORE! More than seven months after the stunning discovery of George Mallory's perfectly preserved body high on Everest's north face, the jury's still out on one of this century's biggest mysteries: did
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    • Article
      Lock icon Trip's sponsors get high returns
      331 2 [SINGAPORE] For Mountainzone.com, US carmaker Lincoln LS, the British Broadcasting Corporation, its American counterpart PBS/Nova, Mountain Hardware and the several other outdoor products firms that contributed, in cash and in kind, to the Mallory and Irvine expedition, it was a gamble that paid off. At
      331 words
    • ON THE grapevine
      • Article
        Lock icon Playing it safe
        100 2 WHEN it comes to initial public offers, issue managers seldom say how many parties have been allotted placement shares. But bearing in mind the Mid-Continent debacle —when there were only a handful of placees and the firm was subsequently delisted following a bout of market manipulation DBS
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      • Article
        Lock icon Hedging on the Net
        162 2 HEDGE funds are like Stealth fighter planes, flying around largely undetected unless they crash and burn. Because they are forbidden to advertise or promote themselves, information about hedge funds is notoriously hard to find. This is slowly changing though, thanks to the power of the Internet.
        162 words
      • Article
        Lock icon Where/how do you wear/use this?
        101 2 "GOODIE bags" given out at news conferences are often nothing remarkable. However, two recent items had us stumped. In a box was a U-shaped piece of metal, the size of a one-dollar coin, with two spheres at each end making some wonder whether it was
        101 words
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      34 2 BVLGAR I The new leather Jjm Two-handle hand bag in fine black calfskin with gold coated turn-lock. From SS 1.000. Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 735 6689
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      314 2 f abmamro NEW APPOINTMENTS I ABN AMRO Bank is pleased to announce the following appointments in Treasury Fixed Income marketing and sales in the Asian Pacific region: Mr. Peter Colvin has been appointed Regional Head of Treasury Sales and Derivatives Marketing. He will take over the treasury sales responsibilities from
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  • FOCUS wall street
    • Article, Illustration
      Lock icon US bull market not over yet, say gurus
      412 3 But some cite uncertainties that may threaten the current business cycle Bloomberg [ATLANTA] THE greatest bull market in Wall Street history won't end in the new year. That's the message from a group of stock market gurus profiled by Money in its
      Bloomberg; FILE PHOTO  -  412 words
    • Article, Illustration
      Lock icon 'Baby boomers' on a high with Dow
      449 3 FT [NEW YORK] Affluent American "baby boomers" are no longer as worried about rising inflation, increased taxes and job losses as they used to be, and almost all are looking forward to a comfortable retirement underpinned by stock market gains, according to a
      FT  -  449 words
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      Lock icon Page 3 Advertisements Column 1
      230 3 M Leading Automotive Journalists recently voted the ongoing accolades. We could go on and on about the many Rover 75 features SHOWROOM HOURS: Rover 75 as their World Car 99 Whilst we believe engineering quality and integrity is a but frankly we'd prefer you to judge this exciting car Monday
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  • Page 4 Advertisements
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      700 4 Raffles* HOLDINGS Raffles Holdings Limited (Incorporated in the Republic of Singapore on 26 August 1995) INVITATION IN RESPECT OF 300,000,000 NEW SHARES COMPRISING: (I) 200,000,000 PLACEMENT SHARES AT 550.85 EACH BY WAY OF PLACEMENT; AND (II) 100,000,000 OFFER SHARES COMPRISING: (a) 29,500,000 RESERVED SHARES AT 550.85 EACH FOR DIRECTORS, EMPLOYEES,
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  • SINGAPORE companies
    • Article
      Lock icon DBS mulling over Siam City Bank investment: official
      987 4  -  exclusive Analysts point to downside risks and in a takeover From. Harish Mehta in Bangkok DBS Bank of Singapore is looking into investing in Siam City Bank as it positions itself to buy a second Thai bank, a top DBS official said
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    • Article
      Lock icon Taiwan's TPV wins US$100m deal to supply PC monitors
      447 4  -  Contract will reap earnings of USs4m to USssm From, Andrea Tan, Quak Hiang Whai in Hongkong TAIWANESE computer monitor maker TPV Holdings has secured a deal worth more than US$100 million (S$168 million) to supply about a million monitors to one
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    • Article
      Lock icon US-listed China.com to buy into Panpac Media
      250 4 PANPAC Media.com has signed a deal that would see US-listed China.com Corporation take a 10 per cent stake in the Sesdaq-listed company. China.com, which employs over 700 people in 17 offices across 10 Asian markets, counts among its corporate shareholders America Online Inc,
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    • Article, Illustration
      Lock icon New stores help send Courts profit up 48%
      150 4 FURNITURE retailer Courts has posted a 48.1 per cent jump in profits for the six months ended Sept 30,1999. Profit hit $5.4 million, up from $3.6 million in the same period last year. Turnover climbed 26.8 per cent to $101.6 million from
      FILE PHOTO  -  150 words
    • Article
      Lock icon Property stocks no longer key holdings in S'pore portfolio
      717 4  -  [•>JH lock siew wong wei kong IT used to be that when you wanted to catch a liquidity run on the bourse, all you had to do was buy a couple of property stocks. Even when you could not stretch to
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    • Article, Illustration
      Lock icon Avimo's earnings jump 38%, powered by optics operations
      399 5  -  Firm upbeat about prospects on strong order book, expected recovery in semicon equipment market Carol Eng AVIMO'S net profit for the year ended September rose 38 per cent to $20.2 million. In a statement yesterday, its chairman Nicholas Prest said of the
      FILE PHOTO  -  399 words
    • Article
      Lock icon Somerset Hldgs to launch $500m note programme
      231 5 SOMERSET Holdings, a service apartment and retail mall owner, will be launching a $500 million secured note programme to fund its ambitious expansion plans. Yesterday, the former Liang Court announced that it has set up a wholly-owned subsidiary called SH Malls Limited which
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    • Article
      Lock icon NOL continues to slip after Salomon revision
      183 5 Bloomberg SHARES of Singapore's Neptune Orient Lines Ltd, Asia's largest shipping line, fell a fifth day yesterday after Salomon Smith Barney cut its profit forecast for this year and 2000. Salomon's report, made public last Friday, cut NOL's 1999 earnings forecast by 4.6
      Bloomberg  -  183 words
    • COMPANY Briefs
      • Article
        Lock icon DBS names Int'l retail banking head
        88 5 DBS Bank yesterday announced the appointment of Meredith Peabody as managing director to head its new international retail banking operations. Ms Peabody will be responsible for building an integrated sales and service culture to create a DBS brand. She will also work with country
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      • Article
        Lock icon Corrections & clarifications
        32 5 Corrections clarifications WE reported yesterday in our Company Briefs that Nicky Tan was the judicial manager for MHE Holdings. The company was never under judicial management. We are sorry for the error.
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    • Article, Illustration
      Lock icon NEL climbs 55 cents alter news of Accton alliance
      260 5 AFX-Asia SHARES of Nat Steel Electronics (NEL) ended higher yesterday after the company forged a strategic alliance with Taiwanese communications networking products maker Accton Technology Corp, dealers said. NEL said yesterday it expects US$l billion (5J1.68 billion) in sales over the
      AFX-Asia; Source: Bloomberg  -  260 words
    • Article
      Lock icon No merger being planned: Kay Hian
      143 5 AFX-Asia KAY Hian Holdings Ltd is not planning a merger at this stage and is aiming to grow its business organically, or expand its geographical coverage, company deputy managing director Tang Wee Loke said yesterday. Mergers among other local brokerages have been expected after
      AFX-Asia  -  143 words
    • Article
      Lock icon Raffles Holdings IPO 14.2 times subscribed
      347 7  -  Debut trade of hotel counter expected to lift stockmarket volume today Byy Carol Eng THE public tranche of Raffles Holdings' initial public offer (IPO) was 14.2 times subscribed and the stock is expected to lift market volume today when it starts trading. Trading will
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    • Article
      Lock icon Belgacom may form new alliances amid EU merger wave
      232 7 Bloomberg [BRUSSELS] Belgacom SA, Belgium's state-controlled telecommunications company in which Singapore Telecommunications is a shareholder, said yesterday it may consider new alliances amid a series of mergers and takeovers in the European phone industry. The statement comes as the Belgian government
      Bloomberg  -  232 words
    • Article
      Lock icon i-One.Net to invest US$500,000 in Silicon Valley firm
      238 7  -  By\ Siow Li Sen i-One.Net International will be investing US$5OO,OOO (S$840.000) in an Internet company' in Silicon Valley, making its first step towards living up to its dot-com name. Yesterday, i-One said it has agreed to invest US$5OO,OOO in new Silicon Valley-based
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      12 5 The Straits Times Classified Where I Bu V'<• Sdl It. Find h.
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      Lock icon Page 5 Advertisements Column 2
      278 5 This announcement appears as a matter of record only December 1999 Raffles^ 1 HOLDINGS Raffles Holdings Limited (Incorporated in the Republic of Singapore on 26 August 1995) INVITATION IN RESPECT OF 300,000,000 NEW SHARES COMPRISING: (I) 200,000,000 PLACEMENT SHARES AT 550.85 EACH BY WAY OF PLACEMENT; AND (II) 100,000,000 OFFER
      278 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      448 6 Stocks Volurne ChuanHup20c 26,541,000 Ho Bee 5c 20,427.000 TPVUS1C 19,348,000 NOL 13,487,000 L&M50c 13,375,000 MIT 10c 12,870,000 JC-MPHWKX) 12,848,000 *TanChonglnt50c 10.635,000 Asia FoodAProp US$ 9,725.000 OCBC RF CW*****8 8,197,000 Stocks S OCBC 74,543,426 DBSGrp 66,012,494 NatElec 10c 58,476,662 SIA 52,755,504 SPH 39,017,905 NOL 31,802.191 TPV US1C 26,648,460 City Dev 50c
      448 words
    • Article, Illustration
      Lock icon Electronics stocks help drive STI to another new high
      546 6  -  I :'i comment STOCKS r.sivanithy A SLIGHT shift in the buying of index stocks towards a few laggards yesterday ensured that the Straits Times Index managed a fourth consecutive all-time high, while electronics and telecommunications plays were top of the list
      546 words
    • Article, Illustration
      Lock icon Somerset warrant: numbers weak, but momentum is key
      176 6  -  WARRANT WATCH By R Sivanithy ONE of the previously-dormant warrants yesterday sprang into life in high volume, so perhaps a look at its numbers might be useful. Somerset Holdings, formerly Liang Court, saw its warrants jump three cents to 33 cents with
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    • Article, Illustration
      Lock icon NEL looks set for further gains
      252 6  -  HOT STOCK Wong Wei Kong NATSTEEL Electronics Ltd (NEL) has been one of this year's best performing stocks and yesterday was another good outing for the counter, which finished among the session's most heavily traded and biggest gaining issues. NEL shares jumped 55 cents,
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    • Article
      Lock icon Diary of events Friday,Dec 10
      137 6 ♦10.15 am. Singapore MMA and Acrylic Group Complex opening ceremony by Lee Yock Suan, Minister for Information 4 the Arts and Minister for the Environment. Venue: Singapore MMA Acrylic Group Complex #01-06, Jurong Island ♦2.80pm. Courtesy call on President SR Nathan by Crown Prince Henri
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    • Article, Illustration
      Lock icon Greenback hemmed in but moves up against yen
      333 6  -  Icomment CURRENCIES larry wee A BETTER tone for the US dollar against the yen was about the only salient feature of an otherwise lacklustre Asian session for currency markets yesterday. The greenback rose to a high of 103.40 yen yesterday, but slipped
      Source: Reuters  -  333 words
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      56 6 :jfl s Mm v>-vfc*2B M HI f fl H j£, v mm SfFSENJfc Hal fel^M Ji?? I Between comfort and style, you wwY i'-MIW. 'i^" 1 I I .-;f, >-: gVH ■<JMS§£itfiWmJ i*» St%4 SB p§ ML flj B| B^mHN M BMwBBWBrS JBK fl IKrfl SRS®i-4F Jfl J&Zt'M WirffV* 4
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      Lock icon Page 6 Advertisements Column 2
      18 6 Going to trade online? You need DBS .nvestcr Online Simply the best research Call 323-3955 today SSI lI?SBANK
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      270 7 J 4 J I *.w> OI'CCI 1 ft mm,• L v" Truly great design in the superficial beauty. It's about making every part '3- C a perfect form and function, merged IUtMK9 X technology. And why the Ericsson T2Bs a example: f most compact Ericsson ever. Its lithium polymer, credit
      270 words
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  • SINGAPORE news
    • Article
      Lock icon Study on S'pore-Japan trade pact in Q1:PM
      638 8  -  Bilateral free trade pact will speed np global liberalisation process From Eugene Low in Tokyo SINGAPORE and Japan will begin their study of the feasibility of a bilateral free trade agreement in the first quarter of next year, Prime Minister Goh Chok Tong
      638 words
    • Article
      Lock icon S'pore Aromatics plant may shut down for months
      398 8 Reuters THE weakness of Asia's paraxylene market means that Singapore Aromatics Co (SAC) may shut down its 350,000 tonnes-per-year (tpy) paraxylene plant for several months, analysts said yesterday. The paraxylene company had said on Wednesday it would shut down some time in
      Reuters  -  398 words
    • Article, Illustration
      Lock icon StarHub's upscale phone shop
      384 8 STARHUB, Singapore's newest telecoms operator, is determined to offer customers a whole new experience when they walk into its flagship retail store at Star Hub Centre, Cuppage Road, next year. The 3,000 sq ft outlet is set to be the sleekest phone shop in town unless
      SIEW YAW HOONG  -  384 words
    • Article, Illustration
      Lock icon Former NCB head joins two Internet outfits
      350 8  -  Yap named CEO at Commerce Exchange and a venture partner in TDF By' Toh Han Shih FORMER National Computer Board (NCB) chief executive Michael Yap has joined Commerce Exchange and Technology Development Fund (TDF), effective yesterday. Commerce Exchange, where Mr Yap has been
      350 words
    • Article
      Lock icon David Ng leaves Chesterton to rejoin Colliers
      373 8  -  •it exclusive Disagreement over company's direction cited as one reason for his departure By\ Kalpana Rashiwala CHESTERTON International executive director David Ng has quit the company and is re-joining his former employer, Colliers Jardine. Three managers Mr Ng brought in to Chesterton are
      373 words
    • Article
      Lock icon Joint effort to use S'pore as stopover to SW China
      266 8 Cooperation starts with promotional event in Australia SINGAPORE and China will work together to develop tourism opportunities in the latter's south-western region. Not only will it be easier for Singaporeans to travel to China, regional travellers who want to go
      266 words
    • Article
      Lock icon EDB's three-prong plan to boost life sciences industry
      358 9  -  The aim is to make S'pore a life sciences hub with world-class capabilities By. Jeanette Pang THE Economic Development Board yesterday laid out three development thrusts to help boost the life sciences industry in Singapore. The initiatives are part of the board's
      358 words
    • Article, Illustration
      Lock icon Corporate Golf League tees off with Ericsson as new sponsor
      419 9 SINGAPORE'S most prestigious corporate golf event, the Corporate Golf League, swings into action today at the Laguna National Golf Country Club with a new title sponsor and a greater regional profile. Global telecommunications giant Ericsson is the new title sponsor
      CHRIS LOH  -  419 words
    • Article
      Lock icon Vexing en bloc sale questions
      462 9  -  MAILI.TTTI Yee Soo Chai Singapore via Internet INTERESTINGLY, your readers have expounded on fairness in en bloc sales where the issue relates to fairness in the distribution of sale proceeds. However, one must recognise from the outset that the purchase of a unit in a
      462 words
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      147 8 BLEND AWAY GREY IN JUST ■SHIB for moustaches, beards, temples, sideburns. A no mess, no drip 5-minute gel which blends away grey. This product is so superior that even you can't tell where the grey was. NATURAL, II ,C"T ,SS,J JUST FOR 0». IV/HTAT Won't chanK<" y°'" annuton MM 11/
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      Lock icon Page 8 Advertisements Column 2
      74 8 Result^^h^tofo^^jS taxable book-entry Government longl 1999 duel Sep2ool to be issued on 13 Dec 199^H Tenor approx. 2 years Amount Offered Allotted *****,000,000 Amount Applied *****,500,000 Interest/Coupon Rate 2.250% p.a. Average Yield Price on Allotment 2.29% p.a. and 100.568% Cut-off Yield and Price 2.33% p.a. and 100.501% of Applications at
      74 words
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      169 9 c Mil MOM SAIIMMNki qj rm I 111 ID I COM PARI I M\l 111 Mil fi JmKSSS* Ol 111 K I l\ l KKANins. M lAS|inMOS| 111x1 J collll shop koi'i siisii «C (II II I Wl 111 Ml Ik> m S\\ o l K Mil l\ K 11.
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Accountants, find out what market wants
      890 10  -  iiTT= bottom line OPINION david mason The writer was a partner in an international accountingfirm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT SUDDENLY, accountants are being publicly recognised as critical
      890 words
    • Article
      Lock icon IN OTHER WORDS
      91 10 'Like No Doze, it's a stimulant Like Valium, it's a sedative. Like Dexatrim, it's an appetite-suppressant. And like methadone, it's used to satisfy an addiction.' -SethW&xman US solicitor, asking the US Supreme Court to overturn a ruling barring the Food and Drug Administration from regulating cigarettes as
      91 words
    • Article
      Lock icon Revitalising the broking business
      602 10 EDITORIAL THE initiatives to free up stockbroking commissions, shorten the trading settlement period and phase in freer entiy into the brokerage business are another step towards the adoption of international best practice in the regulation of the broking industry. The reforms are a welcome acknowledgement of
      602 words
    • Article, Illustration
      Lock icon China needs rule of law to succeed within WTO
      841 10  -  The newest entrant to world trade body most adopt proper legal framework By I Stanley Lubman The writer is a consulting professor at Stanford University Law School FT THE fiasco in Seattle has unfortunately diverted attention from China's impending admission to
      FT; FILE PHOTO  -  841 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      873 10 11m pan ofOhMlaqnt THE newly emboldened Russian military has now embarked on a modern version of what Rudyard Kipling In 1901 called "the Great Game" that struggle against the West for economic and political power in the Caucasus and Middle East. A war on terrorism out
      873 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Brisk trading in new UEM warrants
        81 11 TRADING of United Engineers Malaysia's new warrants got off to a quick start yesterday, with the counter reaching 1.50 Malaysian ringgit at the end of the day with 3.6 million units traded. The warrants, issued on the basis of one for every five shares
        81 words
      • Article
        Lock icon Telecom stocks rise
        176 11 LISTED telecom companies climbed yesterday, but for different reasons, analysts said. Top percentage gainer was debt-ridden Time Engineering, which has a 47 per cent stake in Time Telekom. Time rose 23 per cent, or 22 sen, to close at 1.17 Malaysian ringgit, following news that the company
        176 words
      • Article
        Lock icon Bank mergers back in news
        108 11  -  Compiled by Diana Oon Abdullah REPORTS that more bank merger proposals have been submitted to Bank Negara have re-fuelled interest in the imminent reshaping of the banking scene in Malaysia. Arab-Malaysian banking group's AMMB Holdings was yesterday's top active counter, chalking up a volume of
        108 words
    • Article, Illustration
      Lock icon Dr M to unveil Cabinet today; no big changes seen
      751 11 KUALA LUMPUR Talk is that Daim will stay as finance minister; M'sian stocks climb 1% Reuters, AFP. Bloomberg MALAYSIA'S main stock index posted its biggest gain in almost three weeks after Prime Minister Mahathir Mohamad's office said he'll name the
      Reuters,; AFP.; Bloomberg; FILE PHOTO  -  751 words
    • Article
      Lock icon Petronas set to buy 27% of Proton
      279 11  -  Hicom finalising agreement to sell its stake for over RMlb From Diana Oon Abdullah in Kuala Lumpur NATIONAL oil company Petronas is set to buy a 27.2 per cent stake in national car maker Proton at 7 Malaysian ringgit per share, or over
      279 words
    • Article
      Lock icon HL, EON hanks apply to be 'anchors'
      252 11 KUALA LUMPUR Reuters, AFX-Asia TWO bank groups, Hong Leong Bank Bhd and EON Bank Bhd, confirmed yesterday they had submitted proposals to the central bank to become lead or anchor banks in the nation's financial consolidation programme. A third bank, AMMB Holdings Bhd,
      Reuters,; AFX-Asia  -  252 words
    • Article
      Lock icon Esprit: Indon toll road joint venture terminated in 1998
      393 12 KUALA LUMPUR Firm says its failure to make an thei was henest, gennine oversight AFX Asia ESPRIT Group Bhd said the joint venture project between its unit Esprit Overseas Sdn Bhd, the Indonesian Highway authority PT Jasa Marga and PT Mawatindo
      AFX Asia  -  393 words
    • Article
      Lock icon Landslides keep tourists away from Camerons
      198 12 KUALA LUMPUR Occupancy rates have plunged U 20%, say hoteliers Bernama HOTELIERS in Cameron Highlands, one of Malaysia's most popular hill resorts, are looking glum as landslides at stretches of the Tapah-Cam-eron Highlands road keep visitors away. The occupancy rates of leading hotels in
      Bernama  -  198 words
    • Article
      Lock icon Perak to get US$2.5b auto plant investment
      133 12 IPOH Bernama AN unnamed company has secured formal approval to Invest US|2.S billion (554.2 billion) in an automotive plant in Manjung about 70 km from Ipoh. According to the chief executive officer of Perak's state development corporation Samsudin Hashim, the company was now
      Bernama  -  133 words
    • MALAYSIA Briefs
      • Article
        Lock icon No change to RM rate seen before H2
        67 12 Reuters [KUALA LUMPUR) The Malaysian ringgit is undervalued by about 10 par cent but no change in the pegged rate is expected before the second half of2ooo, Salomon Smith Barney said in a research report Salomon said authorities were more likely to
        Reuters  -  67 words
      • Article
        Lock icon Time Engg in talks with Teleglobe
        40 12 AFX-Asia [KUALA LUMPUR} Time Engineering Bhd said it held talks with Canada's Teleglobe International Corp on the possible sale of its unit Time Telecommunications Bhd but no firm proposal has been received so fttr.
        AFX-Asia  -  40 words
      • Article
        Lock icon Opposition alleges cheating at polls
        50 12 AFX-Asia (KUALA LUMPUR] An opposition party said it has collected evidence of "massive cheating nationwide" in last week's elections. "We are compiling the evidence and will soon be filing election petitions," said Marina Yusoff, who heads an election supervisory committee for the National Justice Party.—AFX-Asia
        AFX-Asia  -  50 words
      • Article
        Lock icon Sungel Way projects better results
        49 12 Reuters [KUALA LUMPUR] Malaysia's Sungei Way Holdings Bhd said yesterday it expects to post better results in the fourth quarter and next year. "Things will definitely be better. We are confident, barring unforeseen circumstances," executive chairman Cheah Fook Ling gaid after the firm's EGM.—Reuters
        Reuters  -  49 words
      • Article
        Lock icon RJ Reynolds renamed JT International
        56 12 AFX-Asia [KUALA LUMPUR] Shareholders of RJ Reynolds Bhd gave their approval at an EOM to change the company's name to JT International Bhd, Bernama news agency reported. The name change follows changes to the company's shareholding structure which no longer Involves RJR Nabisco IncandßJ Reynolds
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      Lock icon Shakey's chief quits, may take key post at KFC
      240 12 KUALA LUMPUR Reuters BUSINESSMAN George Ting Yew Tong has resigned as group chief executive and chairman of Shakey's Restaurants Sdn Bhd amid speculation he was taking up a key position in KPC Holdings (M) Bhd. Shakey's said in a statement on
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      204 11 w~ -.iV *4«p '&F*imf& *> ~^"l^HHl^Hi 4#W'4 t-'' .Uv£ !-:;:'4iP--J V-: WP^M|^H v*.- b >w, &#M k *.v <*'-*• ;wv -4'; liPl! 1 f VJWMM 1 %f I «<?>#■"•«"•• W saaBWB! t* T *w. "r' 7 CT^# ®ii sS" V' M^- v ymi :i^:-"Ji^?*&&h-,'- -«%MHBWMBMBg" Plilft riaaraselak? t.wJs&CiiHBMHWw^'iBBF C**"'-# Ki-»
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      2959 12 E3AVIMO UNAUDITED RESULTS FOR THE YEAR ENDED SEPTEMBER 30,1999 AND DIVIDEND ANNOUNCEMENT The board of directors of Avimo Group Limited announces the following results for the year ended September 30,1999: CHAIRMAN'S STATEMENT SEGMENT INFORMATION Mtiart ¥mt ended September SO, lttt iMvlTa Twww Bm|| Ikmm tlx 1999 saw continued growth for
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  • SOUTH east asia
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      Lock icon Lucio Tan buys 35% stake in Manila's PNB
      625 13 MANILA Stake, which is worth 9b pesos, makes him bank's biggest shareholder Bloomberg PHILIPPINE National Bank (PNB) said tobacco and airline tycoon Lucio Tan led the purchase of a 35 per cent stake in the nation's thirdlargest lender, making him its largest
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      Lock icon Bakrie received pre-shipment loans too, like Texmaco
      433 13 JAKARTA But no controversy, it says, since debts have been transferred to Ibra Reuters INDONESIA'S Bakrie Group conglomerate said yesterday it had received loans with a pre-shipment facility in 1997, similar to loans extended to Texmaco Group which have stirred up a fresh
      Reuters  -  433 words
    • NOTE Book
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        Lock icon Thai foreign reserves rise to US$32.9b
        78 13 Bloomberg [BANGKOK] Thailand's gross foreign reserves rose to the highest level since mid-1997, helped by the 27th straight month of trade surplus. Reserves gained US$3OO million (Ssso4 million), or 0.9 per cent, to U5532.9 billion in the week to Dec 3, the government said.
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        Lock icon Bangkok sets up Y2K control centres
        53 13 AFP [BANGKOK] Up to 100,000 government officials will be placed on stand-by in case of problems associated with the millennium bug, officials said yesterday. Thai Deputy Prime Minister Trairong Suwankiri said Y2K command centres were being set up in every province, state enterprise, department
        AFP  -  53 words
      • Article
        Lock icon Thai listed firms lost 333.3b baht
        87 13 AFP [BANGKOK] Companies traded on the Stock Exchange of Thailand posted combined losses 0f333.3 billion baht (5514.5 billion) in the first nine months of this year, the bourse said yesterday. Operating results to September compiled from the financial statements 0f365 of the 395 listed
        AFP  -  87 words
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      Lock icon Astra stake: Newbridge team is 'preferred bidder'
      262 13 JAKARTA Bloomberg INDONESIA named the team of Newbridge Capital Ltd and Gilbert Global Equity Capital from the US as the preferred bidder for its 38 per cent stake in PT Astra International. The Indonesian Bank Restructuring Agency (Ibra) set the price at 3,750
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      198 13 THE LADDER TO SUCCESS JUST GOT SHORTER. One click and you can be at futurestep.com.sg where you will be considered for exclusive career opportunities, and receive customised career feedback, including salary range. Futurestep is an innovative recruitment and career management consultancy for middle managers here in Singapore and around the
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  • EAST asia
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      Lock icon Macau's new chief to revamp casino monopoly
      331 14  -  He aims to raise economic benefits for the territory, reduce casino-related crime AVom Quak Hiang Whai in Hongkong EDMUND Ho, who will be Macau's first chief executive when the territory reverts to China's sovereignty next weekend, plans to restructure the enclave's casino monopoly
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      Lock icon Hutchison's mobile subscriber base up 44% this year
      192 14 HONGKONG Bloomberg HUTCHISON Whampoa Ltd, whose mobile phone service overtook that of Cable Wireless HKT Ltd as Hongkong's No 1 this year, yesterday said the number of subscribers for its wireless service grew 44 per cent year to date, claiming a third
      Bloomberg  -  192 words
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      Lock icon China, Russia sign pacts to end border dispute
      287 14 BEIJING AFP CHINA and Russia yesterday ended a fractious 30-year border dispute by signing three frontier accords during a summit in Beijing between the leaders of the two nations. The agreements were signed by Chinese Foreign Minister Tang Jiaxuan and his Russian
      AFP  -  287 words
    • Article
      Lock icon Dickson reports HK$326m profit in first half
      287 14 HONGKONG Bloomberg DICKSON Concepts (International) Ltd, the upmarket Hongkong retailer that sold its non-Asian assets back to chairman Dickson Poon, said it earned a net HK5326.4 million (5570.5 million) in the six months through September. The earnings were helped by a one-time gain
      Bloomberg  -  287 words
    • Article
      Lock icon China to sell 100b yuan in bonds next year
      426 14 BEIJING Bat analysts say amount not enough for spending spree Bloomberg, Reuters CHINA will sell another 100 billion yuan (5520.2 billion) of special bonds next year to extend a government spending spree aimed at boosting economic growth. Deputy Finance Minister Lou
      Bloomberg,; Reuters  -  426 words
    • Article
      Lock icon Hang Seng losing relevance as outlook indicator: Salomon
      367 14 HONGKONG AFX-Asia IN spite of the recent rally, it has become apparent that the Hang Seng Index (HSI) is losing its relevance as an indicator of Hongkong's future economy, Salomon Smith Barney said. In its latest Hongkong Perspective report, it said the
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      41 14 |J. Luxembourg's famous cuisine and fine wines. Jofoiourn in j Ynbourg Iloto 19 Dec >99 j I Reservations: 831-6258/88 I BR I ILMj Singapore 113 Oichjrd Riud, SinKipwr 2(8867. Tel: 7)7 4411 Fjn: 7J2 Jlfcl wrbsile http://www.iTwnHarin-hutel.cillw.4H H e-mail: mandarin.tim®merituvholels com
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      174 14 The Largest Vietnamese Noodle Franchise/ Chain in the World is currently looking for qualified Master Franchise candidates in the following fl [t I I 9 countries: Australia Brunei China Hong Kong Japan Thailand Malaysia New Zealand Singapore Established in California since 1985, Pho Hoa™ is currently operating more than 40
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      82 15 o s o MONT° BLANC In times that are changing ever W /f jf Sm g^^^pp V '''^j/tjj JKMH Meisterstuck K Chronograph Stainless Steel jt. t *> m v;/-:- ;w:. Montblanc Boutiques Writing Instruments Watches Leather Jewellery Eyewear Montblanc Boutiques: Ngee Ann City #01-34, Ruffles City 7 #01 -37A, Paragott
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  • SOUTH asia
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      Lock icon India plans to ease listing rules for software start-ups
      568 16 BOMBAY They'll be exempted from three-year profits condition, says Sebi Bloomberg INDIA plans to ease listing rules for start-ups in the country's software industry to encourage more of them to sell new shares on local stock exchanges. The Securities Exchange Board
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      Lock icon India govt drags its feet over privatisation plan
      427 16 BOMBAY It's still moiling recommendations regarding 35 firms Reuters SHARES of Indian stateowned firms have rebounded off their lows in 1999, but how high they go depends on how fast the government cuts its stakes. Out of 58 firms referred over a
      Reuters  -  427 words
    • Article
      Lock icon Lanka president to woo business votes
      281 16 COLOMBO Reuters SRI Lankan President Chandrika Kumaratunga will meet the country's business community to unveil new plans for the private sector in an attempt to woo their votes ahead of the presidential poll, businessmen said yesterday. They said Mrs Kumaratunga, who is also finance
      Reuters  -  281 words
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  • WORLD news
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      Lock icon New Zealand PM names Cabinet
      324 17 WELLINGTON Green Party's surprise win cats Clark govt's majority Reuters NEW Zealand premier-elect Helen Clark named her Cabinet yesterday as she eyed the close of vote-counting which has already seen her fledgling government's majority cut by surprise Green Party winners. Deputy Labour Party leader Michael
      Reuters; REUTERS  -  324 words
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      Lock icon Bonuses set to jump 30% as profits on Wall St soar
      550 17 NEWYORK No 1 telecoms analyst could take home over USslom Bloomberg DANIEL Reingold, a telecommunications analyst at Credit Suisse First Boston, will take home about US$6 million (Sslo million) this year almost all in his year-end bonus. His rival
      Bloomberg  -  550 words
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      Lock icon G-7 set to slap sanctions on South Pacific minnows
      601 17 AUCKLAND Suspicions money flows make Nauru and Nine threats to global banking AFP THE Group of Seven (G-7) countries are preparing tough economic sanctions against two of the world's smallest states, Nauru and Niue, over mounting evidence they are key players
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      Lock icon Nasdaq set to fight NYSE with new trading technology
      405 18 NEW YORK It's expected to vote on tie-up which will make it cheaper to trade Big Board stocks on Nasdaq Reuters. Bloomberg THE Nasdaq, the No 2 US stock market, is about to launch a major offensive against its leading rival,
      Reuters.; Bloomberg  -  405 words
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      Lock icon M'soft puts free Net services on site
      178 18 SAN FRANCISCO Reuters MICROSOFT Corp, trying to shift to Internetbased services from packaged software, on Wednesday launched a range of free Web services through its Microsoft Office home site. Through Office Update, a Web site for Office users (http://www.officeupdate.microsoft.com), services will be offered
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      Lock icon Yours musically, from Disney
      55 18 [LOS ANGELES] Architect Frank Gehry and Diane Disney Miller, daughter of Walt Disney, applauding as a giant mural of the Walt Disney Concert Hall is unveiled during construction commencement ceremonies on Wednesday. The U*****.5 million (***** million) state-of-the-art facility will seat 2,290pe0p1e when it opens to
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      Lock icon Japanese investors unload 31.5b yen of foreign bonds
      355 18 TOKYO Reuters JAPANESE investors turned net sellers in November for the first time in nine months as the yen's inexorable strength took its toll, securities investment data released yesterday showed. Japanese investors sold a net 31.5 billion yen (*****.2 million) worth of
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      Lock icon It'll be business as usual, say big stores
      335 18 LONDON Bnt no guarantee small suppliers have beat the bug or that consumers will not panic Reuters WHEN millions of computers and cash registers in stores worldwide tick over to Jan 1,2000, major retailers expect business as usual for the most part.
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      Lock icon US economy still strong, job market tight: Fed
      503 19 WASHINGTON But economists warn that inflation could be on the rise in the coining year Reuters THE US economy kept up its moderate-to-strong pace of growth in October and November as labour markets remained tight with few signs of accelerating inflation, the
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      Lock icon IMF to revalue its massive gold reserves
      420 19 WASHINGTON Move will allow it to fond debt relief for poor countries Reuters THE International Monetary Fund said on Wednesday it will begin to revalue part of its massive gold reserves as soon as next week to fund its obligations under an international
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    • Article
      Lock icon Soros' flagship fund turns around on tech bets
      233 19 NEW YORK Bloomberg GEORGE Soros has rejoined the party. The billionaire money manager's flagship hedge fund, the Quantum Fund, posted its best month since August 1995 in November and erased a loss for the year to date as a move into technology
      Bloomberg  -  233 words
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      Lock icon Utilities merger: Veba to pay more for Viag
      551 19 DUSSELDORF Bloomberg VEBA AG, Germany's biggest utility, said it will have to pay about US$l.2 billion (Ss2 billion) more than planned to acquire Viag AG and warned profit will fall next year. Veba shares dropped as much as 4.6 per cent. Holders
      Bloomberg; REUTERS  -  551 words
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        Lock icon UK interest rates left on hold for now
        64 19 Reuters [LONDON] The Bank of England left the cost of borrowing unchanged at its meeting yesterday, refusing to be panicked by lively economic growth. The central bank's nine-member Monetary Policy Committee announced it was leaving interest rates unchanged at 5.5 per cent,
        Reuters  -  64 words
      • Article
        Lock icon Daewoo creditors to reject debt plan
        92 19 Bloomberg [SEOUL] Daewoo Group's foreign creditors said they will reject domestic lenders' latest proposal to buy its US$6.7 billion (Ssl 1.3 billion) of overseas debt, leaving Korea's biggest corporate failure no closer to a resolution after five months. Bank of Tokyo-Mitsubishi, Chase Manhattan, HSBC
        Bloomberg  -  92 words
      • Article
        Lock icon Venture capital fund for individuals
        83 19 Reuters [SAN FRANCISCO] Draper Fisher Jurvetson, one of the leading venture capital firms in Silicon Valley, said it is forming a US$5OO million (SsB4o million) fund, the first in a series of funds enabling individual investors to participate in venture capital. Draper Fisher Jurvetson is
        Reuters  -  83 words
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      Lock icon Microsoft alliance a boost for Ericsson, say analysts
      345 19 STOCKHOLM Reuters AN alliance with software supremo Microsoft will likely help Ericsson to make up some of the ground it has lost to rivals in the handset business over the past year, analysts said yesterday. The world's biggest software house Microsoft and
      Reuters  -  345 words
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      582 17 +Swt street smart .com Our solutions are priced to make your %_jP accountant smile. Honestly, it's possible. In fact, we've seen a few break out in smiles with our own eyes. What could have brought on this rare occurence? Look below. That's our Street Smart .Com promotion and it means
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      124 18 y VTttuE^.. '^HH|P^ -Hfflflr* J, IV 3| £5 And the last Sunday newspaper of this millennium Circulation is expected to increase from 142.000 copies to 200 000 it Enquiries not more With the base rate for advertisements calculated .it 90,000 Geoff Tan 740 2112 copies, that means advertisers could enjoy
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      2 18 22 DAYS
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      190 19 I FINAL j i CLOSING! DOWN I AUCTIONS i LAST CHANCE TO GRAB GREAT BARGAINS! Garside Webb, Auctioneers and Valuers will be conducting Tandis Gallery's final closing down auctions. Don't miss this last chance to pick up some fine handknotted Persian and Oriental carpets and flatweaves at really low prices!
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  • FINANCE & commodities
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      Lock icon Strong cash market boosts futures
      218 20  -  SGX Derivatives Tradingßeports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market continued its winning streak yesterday with interest in technology issues still running high. Natsteel Electronics rallied following news of its tie-up with Taiwan-based Accton Technology Corp which is expected to generate
      218 words
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      Lock icon Gloomy outlook drags futures lower
      162 20  -  MSCI Taiwan fatures Cecilia Loh Refco Singapore SIMEX MSCI Taiwan Stock Index Futures yesterday shed 5.2 points, or 1.47 per cent, on a gloomy outlook, posting a net loss of 16.1 points, or 4.48 per cent, for the past four consecutive days. The benchmark TWSE
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      Lock icon Oil prices edge lower as Iraq signals it may resume exports
      262 20 ENERGY REPORT Reuters [LONDON] Sky-high oil prices lost a little ground yesterday as key producer Iraq signalled it could lift its export suspension as soon as tomorrow. World benchmark Brent for January delivery was 34 US cents down at
      Reuters  -  262 words
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      Lock icon CURRENCY REPORT
      316 20 Reuters New York FALLING more than a cent from overnight highs, the euro hit three-day lows yesterday when a top European central banker said the single currency may have started life at inflated levels 12 months ago. The euro somersaulted below US$l.O2 to the session's low at U551.0154
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      Lock icon Untitled
      1249 20 nffEMAWC»0S8EiTBS lh v[) AS C$ tiro Hi Dw NHS md Ut hniah Yen Won K MZ$ P* ii Hto S$ Band Sfr H$ Sa<it Powd US$ Australia 0.943 6.178 0.622 4.081 1.2T7 4.961 27.730 46.195 0.658 7.213 2.425 1.258 33.080 25.970 1.072 3.923 0.995 20.175 24.641 0.392 0.638 Canada 1060
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      Lock icon Untitled
      1900 20 BOOM FUTURES Dec 9 RUBBER (Mutm closing «s at 5.30pm) RSS1 CONTRACTS curtsAq) ClOM VofcKt OpM II. iL IH-k I IA 1,1 a WOml Htyi LOw jtu \IOWW#S; WWlii Jan 00 113.50 Feb 00 1)5.00 100 Mar 00 118.00 100 Apr/Jun 00 124.50 RSS 3 CONTRACT (US ctntVh)) VoiMM OpM
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  • STOCKS east asia
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      Lock icon Overseas funds boost Hang Seng above 16,000
      2864 21 HONGKONG AFP QH&ngSeng +38L57 HONGKONG share prices closed 2.4 per cent higher yesterday, reclaiming the 16,000 mark on the strength of bar-gain-hunting fuelled by the flow of overseas funds, dealers said. "The gains come from a continued influx of overseas money" amid an
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      Lock icon CHINA
      953 21 Reuters HI Shenzhen B Index +0J3 SHENZHEN'S hard currency B shares reversed early losses to close marginally higher yesterday as bar-gain-hunting domestic retail investors emerged late in the session. The B share index inched up 0.13 point, or 0.17 per cent, to 78.64 as turnover dropped to HK$16.2 million
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  953 words
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      Lock icon TAIPEI
      360 21 AFP QWP Index -72J8 TAIWAN share prices closed 0.9 per cent lower yesterday on Y2K concerns, dealers said. "Investors seem to be on the sidelines as the year-end draws near," said Roger Yang of Kwang Hua Securities Investment and Trust Co. "The decrease was sparked when Internet- and tele-communications-related
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      Lock icon Shares down in cautious trade
      2005 21 AFP □ffikkn225 -140.48 SHARE prices in Tokyo closed 0.8 per cent lower yesterday as investor sentiment turned cautious ahead of the start of new futures contracts and the release of key economic data, brokers said. The Tokyo Stock Exchange's Nikkei 225 index fell 140.48 points
      AFP  -  2,005 words
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      52 21 You never actually PATEK PHILIPPE GENEVE own a Patek Philippe. You merely look after it for the next generation. The Annual Calendar. The first self-winding annual calendar watch with power reserve and moon-phase. m Men's Annual Calendar ref: 5036/1. For information: Geneva Master Time, Tel: (65) 732 1506. wvw.patek.com yOUT
      52 words
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      4838 22 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Ml .I.TIHSHHIN PIH TD tin Members' Voluntary Winding I pt l iquidator's <KTW» 152 Heat h Road »HMIJ IF (•Iteway Ka%l Tower Singapore 18V721 Mirrit kdHINAI MKKTIM. NIITICK IS HKRKBY tilV KN thjt pursuant to Section VW of the
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      519 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MUREX DIAGNOSTICS PRIVATE LIMITED (IN LIQUIDATION) Extract ol the Minutes of an Extraordinary General Meeting ot the Company signed by the Representative ot Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) ot
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      701 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KERRIE DESIGN PTE LTD (In Member* Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ot the members of the abovenamed Company duly convened and held at 3014 Bedok Industrial Park E #04-2148 Singapore *****0
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  • STOCKS klse
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      8118 23 INDUSTRIALS CODtHMT prefects Last Vol Day Nat Cap Mfc|h Lm Company Sata "000 High Lao Pit. 440 255 Aiinomoto 300 -19.0 121.6 174 46 Angkesa 90 4 76 90.5 86 <32-7 404 220 Apollo Food Hlg 310 10 2 310 310 7.4 124.0 294 115 Bar jaya Land 157 -1
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      Lock icon Shares rise ahead of Cabinet announcement
      353 23 AFP. AFX-Asia Q Composite Index +7.45 MALAYSIAN share prices closed one per cent higher yesterday on news that Prime Minister Mahathir Mohamad will name his new Cabinet today, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 7.45 points to finish at 737.13
      AFP.; AFX-Asia  -  353 words
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  • SGX clob & regional stocks
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      3000 24 BOHPS A WARRANTS Dec 9 m wnti r LMt M 0*r LaatOaala Inmt Cam liar CaaM *5 Las j(m C«pm Ml Hf- 000) I" O*"* F<U. W ••*1' >04 10.5 s 3160 *AcarW*****HJSS 40 unch 124 40 39.5 40 40.5 33.1 1 156 75 2.80 19 80 14.5 s 3164
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      Lock icon BANGKOK
      789 24 AFP El SET Index +&5 THAI shares closed up 1.6 per cent yesterday in light trade amid selective buying in telecoms, banks and finance stocks, dealers said. They said investors were accumulating stocks seen as oversold, with telecoms shares a focus of foreign buying. The benchmark Stock Exchange of
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      Lock icon MANILA
      288 24 AFP Q Manila -19J4 PHILIPPINE share prices fell one per cent yesterday to the lowest closing level of the year amid growing investor concerns about the country's Budget deficit, analysts said. The Philippine Stock Exchange Composite Index fell 19.14 points to finish at 1,891.96. AFP Ok 9 Mm 000)
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      Lock icon JAKARTA
      687 24 AFP M Composite Index *10,57 INDONESIAN share prices closed 1.7 per cent higher yesterday, pushed up by buying in blue-chip telecommunications stocks, analysts said. PT Danareksa Securities chief strategist Jos Parengkuan said foreign buying in the final hours of trading kept the market busy. He said long-term institutional investors
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      Lock icon WELLINGTON
      278 24 AFP □Wellington ♦ISiH THE New Zealand share market closed up 0.7 per cent yesterday, boding well for a strong finish to the week's trade after a series of volatile sessions, brokers said. The key NZSE-40 Capital Index ended up 15.09 points at 2,126.70 on turnover of NZ$94.B million.—AFP »i
      AFP  -  278 words
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      Lock icon SYDNEY
      588 24 AFP FlAllOrdiiiiriM +27.8 AUSTRALIAN share prices closed 0.9 per cent higher yesterday amid gains in selected blue chips led by media giant News Corp, dealers said. The All Ordinaries Index closed up 27.8 points at 3,136.60, just 8.6 points short of its 3,145.20 all-time high set in April. The
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      Lock icon SEOUL
      308 24 AFP CI Composite Index -7.78 THE Korea Stock Exchange Composite Index yesterday closed down 7.78 points at 980.54. Volume was 326.5 million shares worth 5.1 trillion won. AFP (K« *t HHuH «°°0 100 Sinn 2010 260 Ctntr«( B«rt 2255 •> Ch*<l Contm *****0 ***** DM Gu tort «40 _eo
      AFP  -  308 words
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  • Article
    Lock icon STOCKS sgx
    8793 25 MAIN BOARD Transaction date: Dec 9 Cr Or M Wt 52-** Lnl Vol Day Last Ouot* Dtv Wv VM Net Cap Avg MKjri Low St No Company Sal* COOO) Htqh Low Buyer Salter C'vr Pit Smll Prka MULTI-INDUSTRY 182 17.5 m I 1000 Acma 50c 112 -3 52
    8,793 words
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      58 25 iM 44 du OBtquest VHP Perpetual y Very High quartz A ft > *jy WM Cvyi l>yj (/\CiT 10 years power reserve f.-\ V 200 m M^> Sol* OtatrMutof 4 Mam Service Centre THE SWATCH GROUP SEA (S) PTE LTD 438 A Alexandra Road *05-03/04 Alexandra Tachnopark Singapore *****7 Tal
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  • FOCUS nokia
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      Lock icon The phone as a fashion accessory
      1544 26 Apart from sheer talent, a series of serendipitous events has helped shape Nokia chief designer Frank Nuovo's successful career NYT [NEW YORK] FRANK Nuovo, chief designer at Nokia, sits in his spacious office surrounded by several generations of cell phones he has had a
      NYT; FILE PHOTO  -  1,544 words
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      193 26 GIRARD-PERREGACIX pour FERRARI S. F. FOCIDROYANTE Constant GIRARD, the founder of GIRARD-PERREGAUX, The Manufactory's made a name for himself in the watch world as a technical watchmakers, always innovator. He demonstrated this yet again in 1880 when in search of new he made a split-second chronograph with jumping challenges, seconds.
      193 words
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      37 26 TOMORROWS EXCLUSIVE in THE ARTS vV H, n OY>0 Y> vr ,y> V*«. r> x v ri '"i<i„ s^Svl -V- "r t,; "'<»„ fa fc fi Z "i Singapore stage j set for musicals I r f J
      37 words
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      294 27 ■HtW ji ji ,u, aw miiji w S wyDLf AtiHL J hqtelindustry N L^ fl LX.X J 1 j ifl FS wl' 'yKnfe11^- JTl^iytt/^ Up' £j k£f*tz TjrM/inm< i-SI -J A- »P -^m There has never been a better time to bMpslfl guest in Singapore, what is hopeftratt^' tail-end of
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      2 27 k ,J|H
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      48 27 Motoring Lamborghini Diablo: futuristiclooking, bank-busting, and an absolute thrill from the word go PLUS: Reviews of the Bentley Arnage Red Label, Saab 9.3 Aero, BMW 328 Ci and Porsche's Boxster S EL6&7 Style Celebrity cuts: hairstylist Shunji Matsuo tells why he has set up shop here EL 8
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  • EXECUTIVE Lifestyle
    • STRAWS In The Wind
      • Article, Illustration
        Lock icon Let it snow, let it snow, let it snow
        67 28 THERE'S no snow in Singapore, but there's plenty of it in the Fig Leaf restaurant's Christmas menu. Items on the menu include snow pea salad, snow pear, snow fish, snow fungus, and snowy orange sauce. Sounds a bit stretched to us,
        67 words
      • Article
        Lock icon Get smart
        45 28 SOME actual instructions found on products around the world: On a blanket from Taiwan: "Not to be used as protection from a tornado.". On a Taiwanese shampoo: "Use repeatedly for severe damage." On a Japanese pasta machine: "Use with room temperature and humility."
        45 words
      • Article
        Lock icon How do you doo?
        58 28 HOW's this for an, uh, interesting Christmas gift? For the friends you'd rather not have, order a gift from an e-company called directdoo.com. It offers a "discreet" gift service where recipients will receive custom-sized dog "doo" all nicely gift-wrapped. And they won't tell the recipient who
        58 words
    • Article, Illustration
      Lock icon Thinking up ways to make you feel welcome
      1366 28 COVER STORY JAPANESE leisure travellers arriving at night at the Grand Plaza Parkroyal are greeted with a bowl of steaming hot noodles. At the Conrad International, repeat visitors get their preferred fruits in their welcome basket as every mango they enjoyed and
      PHOTOS BY SIEW YAW HOONG  -  1,366 words
    • Article, Illustration
      Lock icon All the comforts without the coddling
      668 28 This fuss-free formula is drawing business travellers to Traders Hotel A GUEST at Traders Hotel said in his feedback form that by the time his room service hamburgers were delivered, the French fries weren't crispy anymore. Richard Hatter, Traders' general manager, mulled over the
      668 words
    • EPICURE
      • Article, Illustration
        Lock icon Bohemian influences
        473 29  -  Jams be samples the somewhat electic menu of the casual, colourful Cafe Gypsy JAIME EE Eclectic food whose origins can't quite be pinned down to a certain country seem to be the rage these days, especially at Club Street, where restaurateurs of mixed nationalities from French to Middle-Eastern
        CHRIS LOH  -  473 words
      • Article
        Lock icon Unfashionable vintages
        919 29  -  WINE CONNOISSEUR The time has come for a reassessment of some neglected bottles By N K Yong I SUSPECT that all of us will have bottles in our cellars we have forgotten or cannot even remember possessing. Tastes change with increasing experience of wine and with wine fashions;
        919 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon When the Devil takes a bride
        623 30  -  CINEMA Never mind the leaky theology. End Of Days is a good excuse to see Arnie flex his muscles again By I Susan Tsang THANK heaven for Roman Catholics what would Hollywood do without them? Our screens would be bereft of exclamations like "Holy
        623 words
      • Article
        Lock icon Daydreams and tall tales
        612 30  -  CINEMA Eating Air is an energetic and engaging look at disaffected youth in Singapore liy I Susan Tsang AT TWO hours. Eating Air (Jiak Hong) is the longest local film to date. Happily, though, this tale of drop-outs who cruise the streets of Singapore on their
        612 words
    • MOTORING
      • Article, Illustration
        Lock icon Ultimate grand tourer
        818 32  -  Think of an elephant on steroids. And wearing Nike Air. That's how cbbistopher tan describes the Bentley Arnage Red Label a majestic beast with pomp and pace CHRISTOPHER TAN WE TEND to associate size with speed. The bigger something is, the slower it seems. Yet, often the
        818 words
      • Article, Illustration
        Lock icon Taking the bull by the hornsi
        870 32  -  The 1999 Diablo SV is a demanding macho that leaves everybody behind in its wake Christopher Tan IT WAS an offer I couldn't refuse. "Come try out my new Lamborghini," said the owner, almost nonchalantly. Dumbstruck with disbelief, I muttered: "Okay sure. Thanks I'll
        CHRIS LOH  -  870 words
      • Article, Illustration
        Lock icon The fighter and the dancer
        1184 33  -  The BMW 328 Ci coupe may look like a more unbridled performer than the Saab 9.3 Aero, but Christopher tam finds that the opposite is true CHRISTOPHER TAN POWKR is a mysterious thing. As far as physics go, there is little difference between the force
        ARTHUR LEE  -  1,184 words
      • Article, Illustration
        Lock icon Heavyweight Boxster
        604 33  -  Porsche's sharp dresser has become I quite a hunk, says Christopher tax CHRISTOPHER TAN The BOXSTER made its debut three years ago to mixed reactions. The camp that liked it praised its contemporary styling and communicative chassis, while the camp that didn't couldn't overlook its modest power output
        604 words
    • STYLE
      • Article, Illustration
        Lock icon Have scissors will travel
        1056 34  -  That, more or less, describes the career of Japanese hair stylist Shunji Matsuo, who moved from Osaka to New York, and has now set up shop in Singapore, jmme ee meets the man who has snipped away at the tresses of Candice Bergen, Brooke Shields and
        SIEW YAW HOONG  -  1,056 words
    • LEISURE
      • Article, Illustration
        Lock icon STAR TREK u N I V E R S E
        630 34  -  EXHIBITION Warp speed ahead as yon boldly go where no one has gone before at the STWT By Joanna Lim IT'S like a dream come true. For Trekkies especially. Brought by Paramount Pictures and Messe Dusseldorf, the long-awaited Star Trek
        PHOTOS BY SIEW YAW HOONG  -  630 words
    • Article, Illustration
      Lock icon CINEMA
      765 35 American Pie Comedy about high school kids trying to lose their virginity before they graduate. R(A) Orchard. An Ideal Husband When his upright pal (Jeremy Northam) is blackmailed by a schemer (Julianne Moore), a 19th century rake (Rupert Everett) comes to the rescue in this adaptation of Oscar Wilde's
      765 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      116 35 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 EngWah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Goldan Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun Overseas Movie Clementi/Co'wealth 777-0669 Golden/New Town
      116 words
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      90 28 Off Hie Cuff by Jaime Ee will be back next week 'Wt'** /> I m I This Christmas, give your loved one the only treat she'll wantberiOUSlV. INOiriiriS OISO aPhillipWaingiftvoucherWithourrangeofbeauty programmes, she'll be spoilt for choice at our luxurious and JBk |oSO 0 gift Surroundings 11 4 > voucher will
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  • Page 28 Miscellaneous
    • Miscellaneous
      Lock icon Page 28 Miscellaneous Column 1
      332 28 CBTPTIC CROSSWORD ACROSS K i 2 nj i g jg 1 Athletic activity photo- graphed, playing on green hH| 9 Pagan woman looks inquisi- 19 j I tively at girl (9) —mJ Lm _y hmm 10 Bar one gets purchase from (5) 11 The French admitted to returning rice cake
      332 words
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      154 29 f*' S2& mmL 20 k .u«»«®i' RbA Ba, Higher returns on US Dollars. It's worth leaving home for. H» V ;v" r?> -r% J /4 V^"^" ,V -VV?'' v T Vw| >i'%* -•*"> ,v. ;4 ,J H*- .v V-v" Now in Singapore. Our US Dollar time deposits All it takes
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      248 30 A J J Presented DiftCKS Club Diners Club Credit Card MH| To apply, call: I Where to wine, fiine and entertain... 1 111 l 808 winni^M <yT BHUD9BHUUUU|fI 6.30pm 10.30pm Piiceiubyectlo 10%>enicccfaiiy indißi i Ag government trea. Q^cn 76 Bru Basah Road, Singapore *****8 Tel: 338-833J Fax: 339-6866 Web Site
      248 words
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      Lock icon Page 30 Advertisements Column 2
      146 30 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tat 737 9944 Fax: 733 3175 irai 519 Roast U.S. H O a H Pr,me Ribs H I! .11 Corn Fed To 2 H Tenderness H 3 H
      146 words
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      Lock icon Page 30 Advertisements Column 3
      166 30 Hi-Tea Delight Local Hi-Tea with over 60 varieties to savour Complimentary free flow of toya bean milk, coffee and tea Saturdays fir Suoiayi Adult Il4.SO+++ Child Ilo.So+++ Public HMMqn Adult $16.80+++ Child $I2.tO+++ ;^y| Available every Saturday, Sunday Public Holiday 12.00 4.00 pm For reservations, please call 433 1232 Cafe
      166 words
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      Lock icon Page 30 Advertisements Column 4
      133 30 Tastes of Asia Buffet Lunch We are rounding up some of the best dishes around Asia for a buffet lunch that will delight your palate. $22 (Adult), $14 (Child) 'Prices subject to semct charge govt, taxes including GST GREGORY'S AT GRAND PIAZA PAJUJtOtAI. 10 Coleman Street Singapore *****9 Tel: 336
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      Lock icon Page 30 Advertisements Column 5
      139 30 fcjfe*.. )*tk >lo«r HV Set Lunch: J32+++ per person Wr 4-course Set Dinner S7B- 1 J** pe«on jf 1 Menu Gastronomy; JloB+++per person mJjW (includes two glasses of wine) H Otf Lea Ltnstrr Ala carte dinner menu also available "1 nbourg 10 to 19 Dec' 99 Reservations: 831-6258/88 m Mandarin
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      293 31 mm Pacific I ntprnptV^j WWII! r- 1 1 1 iii- 1 J_r jy i!_r J J _r J Lj £3 r 1 1 ,J JjfJ _J J 1 7 E^-j When even a cup of coffee costs a little something, Tp 1 you'd have to expect the best things in
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      57 32 iW"® 1 t utvesUtntted I 447,500. 00° sha M |PO. Shares. Bonds. m rt*c ssa.9o p* shatc Stocks. Annual Reports. 1 1 1 Whatever you're offering, I ft we help you reach out •1 6 7% 0,1 adu|ts I m in Singapore daily. 1h The Straits Times The Business Times
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      Lock icon Page 32 Advertisements Column 2
      41 32 MwM:CAV777 Dimension: 88cm (Heifhtl [TWTwJW Sfcm(WkMt) (lan (Depth) Capacity 70 txxttei 10f75dI of75d WINE PLUS (S) PTE LTD 47 Jalan Pemimpin »oj-05 Sin Cheong Building Singapore *****0 Tel: (65) 251 6818 Fax: (65) 251 1687 (Monday-Friday 9 am to 6 pm)
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      72 33 Cash Carry Sale Wines at Reduced Prices Date :4, 5,11, 12, 18 and 19 (Sat/Sun) December 1999 Time :10amto 4 pm Venue: 47 Jalan Pemimpin (Please turn left as you approach No. 41, see map below) #03-05 Sin Cheong Building, Singapore *****0 Tel: 251-6818 Fax:2sl-1687 WINE PLUS (S) PTi: LTD
      72 words
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      Lock icon Page 33 Advertisements Column 2
      103 33 Sum Kong Dim Sum Chef Cheung Tat Kwan has captured the hearts of Dim Sum aficionados with his artful skills and nimble acts in creating tasty dim sum at Maple Garden. hL -a I Deep Fried Crupy Scallop Tai|i Vegetarian Dumpling 3 CiyUl Vegetarian Dumpling 4 Golden Pan with Summer
      103 words
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  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      2139 35 TODAY'S TV I SF 7-00 News Night. i RECOMMENDED VIEWIHQ PMmwe u J 730 The New Asians: Ma i 3.00 PM TV Innovations. I H nila < owo K __i, Kl t 4.00 Kidz Blitz: Sesame g 9 8.00 Business Tonight. To WPd OF drama and back, but street. 830
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      314 36 C^tnr* \r)l° r e ASIA' 993 99 8-10 December 1999 Harbour Pavilion, World Trade Centre Singapore 8 9 December: 10am to 6pm *10 December: 10am to spm The inaugural and most comprehensive For those who are committed to the rapidly event on petroleum equipment, gasoline growing petroleum and convenience convenience
      314 words
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      Lock icon Page 36 Advertisements Column 2
      206 36 OIA/eu> CStf/wue C&4// d&> 5$ (~s/ou 'tpupid Z^iaiTlOnd Lite the none of Love Angel, Ctfid Cut diamond a a symbol of m jTBJk >Y»j i forever love. With enormous efforts from diamond cutang and poiofang averts and prease computer technology, tha new diamond ;> cutaqshowsoutbrikßitiy 8 love arrows tmd 8
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      85 38 mm Pacific Internet®® A r j r dn2inu PziDliJs hsizfsi'dii 3J/y iJUIyVJ'JIJJ jjj iwiiimm i m g^tffgA <&*■/ vm HlffllMK* V- With Pacific Internet, we take extra care to ensure your mailbox REMAINS Yours. Sincerely. So keep your email identity the way it should be. Private Confidential. lir Internet Spiaicp
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      145 40 (f/V/ '..■.4Hi^.-r^i*&&■-., 1 'iiT' r T 7'*" "-"V- r.' r' MAStHQ: PCNTF c -7---.•-*•, ;< s s> ag^BFl^,^T,^4r g naT >11'*iV 1 1ifhH mi fi jinn n > i i, .-.,,t- Z rStf^yrfr fr-*t*~ .>- r TmM.-.- -> Wi <MK >\ -w -'^^4iV^S^S PS«SScP-i IP lIA VP I fl BBJ
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Redemption blues
      986 42  -  At the first whiff of profit Singapore unit trust holders tend to cash out, without realising that redemptions can hurt both themselves and the fund, womg wexkomg finds out why a long-term view is important WONG WEI KONG IF you have been holding on to your unit trust
      FILE PHOTO  -  986 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Investing with integrity
        897 39  -  Ethical funds are no longer lacking in returns, says shivtameja SHIV TANEJA The writer is with the London-based Standard Poor's Fund Services. For more information on S&P Micropal's Star Rankings and S&P Fund Research Ratings, please visit www.micropal.com Ethical investing something Singaporeans are getting a first crack
        897 words
      • Article
        Lock icon Spread your risk
        628 39  -  ifiWLlto basics By' Patrick Corfe This is the tenth in a 13-week series on the basics of investing in unit trusts contributed by Aberdeen Asset Management. The writer is the firm s investment editor IF the first leap for novice investors is to understand unit trusts enough
        628 words
      • Article
        Lock icon Unit trust performance ranking
        2588 39 Next publication date January 14.2000 Fund 1 rntti 3 mtht 6 mtht 1 ym 3 yaara 5ymra Mcropri launch 29-10-1999 31-06-1999 31-06-1999 30-11-1996 29-11-1966 90-11-1964 etar data 30-11-1999 30-11-1999 30-11-1699 30-11-1666 30-11-1969 30-11-1996 ranking RuMnq it Nov 30,1966 Aeaet Aloe StwBon KIML Keppal Singapore B1 1M»1995
        2,588 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Benign future for bonds
        1332 36  -  BORLAND surveys the outlook for global bond markets over the next year MARK BORLAND The writer is head of overseas bonds at Mo r ley Fund Management Ltd, a member of the CGU group Despite the recovery in global growth and the on-going strength of the
        1,332 words
      • Article, Illustration
        Lock icon Do share buy backs make sense ?
        713 37  - Do share buy backs make sense hi ri comment YOUR MONEY Only when substantive changes come about because of the repurchase, and the market seems to have wised up r sivanithy A YEAR ago, share buybacks were all the rage in the local market. They were also popular in Malaysia,
        713 words
      • Article, Illustration
        Lock icon The pick of penny stocks
        1229 37 Snb-$2 stocks are gaining appeal among savvy players. Keppel Securities sifts ont the promising ones THE demise of trading of Malaysian shares on Clob International unleashed strong underlying retail demand for affordable penny stocks on the Singapore market. Penny stocks have the potential to offer
        FILE PHOTO  -  1,229 words
      • Article
        Lock icon Untitled
        104 37 BANKS/FINANCE COMPANIES BELOW $3000 $3000-4896 $5000-9999 $*****-***** $***** UP ABN-AMRO Bank 1.3750 1.3750 1.3750 1.3750 1.3750 DBS "(Auto-Save) 1.0000 1.2500 1.2500 1,2500 1.5000 HongLeong Finance (Savers Plus) 1.5000 1.5000 1.5000 1.5000 1.5000 Singapore Finance (Savers Plus) 1.2500 1.2500 1 2500 1.2500 1.2500 HSBC (PowerVantage) 1.0000 1 0000 1.0000 1.5000 2.0000
        104 words
      • Article
        Lock icon RATES FOR
        228 37 BANKS/FINANCE COMPANIES AMOUNT 1 MONTH 3 MONTHS 6 MONTHS S MONTHS 12 MONTHS ABN-AMROBank *****-***** 1.2500 1.6300 2.0000 2.1250 2.3800 *****-***** 2.2000 2.4000 2.5250 2 7000 2.8400 Citibank Up to ***** 1.6875 1.8125 2.0625 2.1250 2.4375 *****-*****0 2.2125 2.5500 2.6500 J.7000 3.0000 DBS 1000-***** 1.0000 1.2500 1.7500 1.7500
        228 words
      • Article
        Lock icon ACU DEPOSIT RATES
        1380 37 ()ffered by rat ions banks (as all)ecembci• ft, 1999) Oepowt amount t-mtti 3-mtti 5-mth Deposit amount 1-mth 3-mth S-mth DBS Bank HSBC A| AS S10.000 A24 999 4 9000 4 8700 5 0100 25,000 74 999 4 0000 4 2500 4 7500 A25.000 A49 999 4 9200
        1,380 words
      • Article, Illustration
        Lock icon Bet on Japan for fruits of change
        756 41  -  Restructuring and brand name potential will pay off while the rest of Asia is patchy, Lloyds TSB tells ouMiivuivii cua GENEVIEVE CUA IF you're shopping around for an Asian fund, take a bet on Japan; it's a market that remains relatively undervalued, says
        SIEW YAW HOONG  -  756 words
      • Article
        Lock icon UOB fund beats Nikkei again
        360 41  -  Wong Wei Kong BEATING the index is not something new to the United Japan Growth Fund and it has done it again this year, outperforming its benchmark by an impressive margin. The UOB Asset Management fund is up 116 per cent over a one-year period
        360 words
      • Article
        Lock icon Hidden growth and high technology
        783 41 stock reran THIS week, IDEAglobal.com focuses on two Singapore stocks with strong growth prospects that have been overlooked. Over in Hongkong, we analyse a property behemoth's foray into high technology, while in Japan we look at a company unfazed by the strong yen. Singapore National
        783 words
      • Article, Illustration
        Lock icon Fewer sales boost insider sentiment
        1171 41  -  INSIDE fTiTZTi Baying seen in Chn&n Hap, ASA, Omni; dispos&lsinNOL Robert Halili The writer is director of Asian Ownership Research at Primark THE cutback in selling by insiders helped boost the sentiment to +22.3 points this week, up from the previous week's neutral score of
        Source: Primark ITA  -  1,171 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      289 43 Bridge News, Reuters NO overall trend emerged on the dry cargo freight market on Wednesday, brokers said. Capesize rates were firmer, especially in the Atlantic and from South Africa, but there was pessimism about panamax prospects in the Atlantic for December loading, they added. The handysize picture was
      Bridge News,; Reuters  -  289 words
    • Article
      Lock icon MARITIME STOCKS
      304 43 n tot m> Ht CWT Distribution L24 -O.OI 35 ClMian Hup 0.44 -0.02 ***** Cosco Investment 1.20 unch 171 Freight Links 030 -0.01 477 G8 Holdings 0.89 -0.01 30 Hal Sun Hup 0.73 unch 249 IMC HoMtngs-HK 5.60 unch 0 Jayi Holdings 1-20 -0.05 497 Jurong SNpy ard
      304 words
    • Article, Illustration
      Lock icon IMB puts weekly updates of piracy attacks on Net
      404 43  -  Report to be posted every Tuesday on ICCs Web site on its Commercial Crime Services pages By\ Marcus Hand [SINGAPORE] The International Maritime Bureau (1MB) has taken its fight against piracy onto the Internet with weekly updates of attacks and warnings
      404 words
    • Article
      Lock icon English court examines indemnity clause, personal guarantee
      759 43  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE English Commercial Court recently scrutinised clause 9 of the Norwegian Sale Form a warranty by the seller of a ship that at the time of delivery the vessel is free from all encumbrances, mortgages and maritime liens.
      759 words
    • Article, Illustration
      Lock icon China port on target
      70 43 A V/ [NANNING, China] A dock at Fangcheng harbour in Guangxi Zhuang Autonomous Region in China. As one of the most important seaports in south-western China, the harbour provides a range of services such as handing over goods, loading and unloading, and transporting. Fangcheng port handled
      XINHUA  -  70 words
    • Article
      Lock icon SingaPort 2000 to be 70% bigger
      357 43  -  About 90% of 10,000 sqmspacefor biennial show already taken tip By. Ann Toh [SINGAPORE] SingaPort 2000, Singapore's premier maritime exhibition and conference, will be the series' largest in terms of exhibition size and fringe activities. Yesterday, organisers PSA Corp and Reed Exhibitions said they
      357 words
    • Article
      Lock icon Evergreen, MHI in talks to build 5 ships
      228 43 [SINGAPORE] Taiwan shipping major Evergreen is in negotiations with Japan's Mitsubishi Heavy Industries for the construction of five post-Panamax ships able to load in excess of 6,000 teus. This is in addition to the 18 post-Panamax U-type containerships, each able to load
      228 words
    • AVIATION news
      • Article, Illustration
        Lock icon Views clash on megajet
        646 44 Boeing is not convinced about the viability of rival Airbus' planned supeijumbo the A3XX Reuters [SEATTLE] AS European planemaker Airbus Industrie edged closer to building history's biggest airliner, an official at its US rival Boeing Co on Wednesday cast doubt on the megajet's future. Boeing's top
        Reuters; FILE PHOTO  -  646 words
      • Article
        Lock icon China to upgrade and expand commercial aircraft fleet
        312 44 AFP [BEIJING) China will upgrade and expand its fleet of commercial aircraft to meet anticipated growth in demand, state media reported on Wednesday. "More air routes will be added to link the country's central and western regions with China's eastern area," Liu
        AFP  -  312 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      301 44 PACE ECL 4 ANl 3 ECU Line 6 t Accord 8 EngLee Ahrenfciei 14 ESP Lines 13 Append 5 Ew reM 6 AsiaOCL 13 8 Austral 8 FrU S M Avant M GLink 4 Btan, Mas 8 Gf t BI 6 jy 7 Genshpg 13 Global 13
      301 words
    • Article
      Lock icon SHIPPING GUIDE
      19031 51 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest n Name Name Number Number SIN Dest'n Name Name Number Number 22/12 02/01 BCL PATSV N 477 45 *****88 To ABIDJAN (ABJ) 2003 Cote D'lvoire 22/K 03/01 Evergreen PATSV N 478 45
      19,031 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        707 57 Vessel Voy No B«rth Arrival Departure J»m Pert 81 Beri 1007 ***** JOI 09/12/8:10 09/12/1340 Bt R8 4269 1899 JOI 09/12/8:30 09/12/15^)0 Bt Ca indraj ***** JOI 09/12/8:20 10/12/23:59 Bt Ul5 S5 *****9 JOI 09/12/10:00 09/12/14.40 Bt Nurdtana2 *****9 JOI 09/12/11:05 09/12/23:00 SJunnon Exp 16/99 J03 09/12/9:30 09/12/2340
        707 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1866 57 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booklnq/Bolonco tstts Ship Voy No Etb/Btr Period From To From A£1 DAHLIA 014* 12/15:00 I 09/0700 OW 09/W00 aiahjata i 864in n/roo ovnoo 2A 01/1700 09/0*59 09/0900 20 04/1700 09/0*59 OVMOC i oworoo oww OVMOO 4 04/1200 09/1459 roo Anioros
        1,866 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        217 57 Dm 23 Japan: Emperor's Birthday. Deo 25 Italy: Christmas Day. Brunei: Christmas Day. Australia: Christmas Day. Belgium: Christmas Day. Canada: Christmas Day. Denmark: Christmas Day. France: Christmas Day. Germany: Christmas Day. Hong Kong: Christmas Day. Indonesia: Christmas Day. Dee 29 Australia: Boxing Day. Canada: Boxing Day. Denmark: Boxing
        217 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        802 57 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket Prices shown are based on averagesized stem. Market movements are indi cated The Cockett Bunker Price Index change and
        802 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        388 57 Cjfbon WO Mu 992.1 0.9 *.1 0.H 79 0.09 iw f mh |mMm Ash UmMm JdtaNt *8OM E2S S 0 V C !2L£ 222HI Avc 0.4 12.4 0.06 29 0.02 380 Ma 990J 14 15J 0.12 67 0.04 u/w) t/t n/u MAi mm Ho Mom 635
        388 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon FAA orders checks on Boeing 777 generators
        342 58 Mandatory inspections will affect 61 US registered planes Bloomberg [WASHINGTON] The US Federal Aviation Administration ordered airlines using Boeing Co 777 aircraft to inspect their backup generators within 14 days for a problem that could cause engines to shut down in flight. The
        Bloomberg; REUTERS  -  342 words
      • Article
        Lock icon US aerospace posts record sales, profits
        253 58 Sales expected to come to USslssb this year and profits to USslo.Bb AFP [WASHINGTON] The US aerospace industry posted record sales and profits in 1999, driven largely by the civilian aircraft sector, the head of the Aerospace Industries Associ- ation said here on Wednesday.
        AFP  -  253 words
      • Article, Illustration
        Lock icon Airbus supervisory board begins debate on A3XX future
        255 58 AFP [TOULOUSE, France] Members of Airbus Industrie's supervisory board began talks here on Wednesday to discuss the future of the A3XX, the jumbo jet with which the four-nation European consortium hopes to break arch-ri-val Boeing's market dominance, a company spokesman said. Airbus
        AFP; REUTERS  -  255 words
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        Lock icon Branson in India to discuss Virgin flights to Delhi, Bombay
        557 58 He is to meet Indian Civil Aviation secretary, Minister of Civil Aviation Bloomberg [NEW DELHI] Virgin Atlantic Airways, UK's second-big-gest airline, is seeking access to Indian skies to tap the expanding market of international travel. Richard Branson, head of Virgin
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        Lock icon Airline Group to decide before X'mas on UK air traffic bid
        381 58 National Grid Gronp, Thomson-CSF and Lockheed also expected to pnt in bid Bloomberg [LONDON] A group of nine airlines led by British Airways pic and Virgin Atlantic Airways Ltd will decide before Christmas whether to bid for a stake
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          Lock icon Thai Airways to buy 7 new aircraft
          94 58 AFP [BANGKOK] The Thai Cabinet has approved a plan by national carrier Thai Airways International to purchase seven new aircraft worth US$B3B million (Ssl.4 billion), a government statement said on Wednesday. It said Thai would buy one Airbus 330-300 and a Boeing 747-400
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          Lock icon Italy and US sign open sky accord
          117 58 AFP [ROME] Italy and the United States have signed an open sky accord liberalising air links between the two countries, the Italian transport ministry announced on Tuesday. Italian airlines will have unlimited access to US destinations, and vice versa, as long as they
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1936 58 CITY FLIGHT ETA FLIGHT ETO ****** 2359 AdolaMt AN8230 T905 AN8229 2230 LH6381 1905 LH6380 2230 Frtwka S0989 1750 $0990 0125 $0230 1905 S0229 2230 GmuqzIKNI S0803 1910 C2354 0910 AmsttnU* GA975 1210 IU.0844 0130 C2351 2045 S0804 1015 KL0637 1535 KL0838 2335 H«ol VM741 1310
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      187 43 SingaPort 2000 I We are an international IT Service provider specialized in software solutions for the shipping and transport I I industry. Our Client/Server applications are highly flexible, customized and are used by various shipping/transport I companies all over the worid. M I To strengthen our regional headquarters in Singapore
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      1237 44 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) msa voy "o»si lumtKAOi oauas Ihoustoh oocaco Iwhyom IncoaTT wssa Ivor «1 n.awmt| acawiu mno—ao cowto ftcauba mmMmm jagj*a<»_ ooq jafah tkssi is/ii is/12
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      689 44 Lines services represented /tffßSkv by Members of the Registry o( [mjSm/J Accredited Shipping Agents. S"pore National Shipping Assoc Members ot the |J Singapore Freight Forwarders f Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTIE MV "TBN" ETA SIN 20/12/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/
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      1001 45 TO EUROPE FROM EUROPE vtssa wr a m >■ hw wv mm m ta Ifmsa vot I itb am haai my sou m la sw iucypm oisw 13/12 30/12 01/01 04/01 70/12 mas 01a 21/11 13/11 »/n 27/11 15/12 MTIMNM 323W 14/12 00/01 05/01 04/01 03/01 BM 5541 27/11 24/11
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      1861 45 @HANJIN SHIPPING iikPl U -U> ran* NAHM SMPPMG 5) HI LTD h* //wm Ma am MOOK 28M8737 SMR BWH 731 MM *****71 774 W—V ********** MMiUM 7777KS M 777W44 g» lISJIDIIIIII TO NW USA A CANADA USA fftWAPIA* I-I s. uhmb/vot a* mI■I W I oa w m rt m
      1,861 words
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      336 45 Ksa wr_ gn>c wla I w a is> mp® wr |ail wt I*™- I*l IU *aucr -I w# 1 li/i? 1 is/i? iy/1? [SoBST* I flfi 1llfl?I llfll twrrrgwna nwmit im iz/i>| ivii nw lis/i?| lt/iT ti/i? m/i? m/i? I im?| I nni mmiswib -I PAS 117/1?Ix/iT m/i? m/ii »/i?
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      1550 46 DSR-SCNATOR LINES TO UK/CONTINENT TO MEDri"KRRANEAN/CANADA VtSSfi. VOY |SM LfM RTM AMR HMD iIOV FU KtSStL WW SI BIT SK FOS VIC MTU nnsoM, H&Tlrn Fin en niz sru" «zoi pacificsbiatob ooaow oou 2012 2012 mn 0101 oooi HAMJIN COLOMBO 0034W 13.11 20 12 31 12 0101 «01 Ml 05
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      864 46 Im lalUft-HftS S'PORE M'Slfl I Carrier: MN CONTR LINES, MC p. guoang: (or) *****26 I K-/\ OR NO. **********0e StBU: (084) *****9 MANILA (832) *****24 X PENANG: (04) *****36 BANGKOK; (662)*****57 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKE (21) *****46 KUQ6NQ (062)*****1-3 MANILA HO CHI MIHH MV "LT AFRICA" V.*****N
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      633 46 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel S PORE N SHEVA COLOMBO PKLANG TARPON SILVER VIMW 16 DEC 23 DEC M DEC 31 DEC TULSIDAS Vlll 21 DEC 3# DEC 02 JAN 17 JAN CAPE CANAVERAL V II6W 27 DEC 05 JAN 09 JAN 14 JAN TARPON SILVER VIO9W 03 JAN
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      1818 47 IVESS6L VOY KHH HKQ SIN PKG PQB PXB PMM BA I BIK IRAN BAAKERI PCL-132 08/12 10/12 14/12 15/12 24/12 25/12 26/12 28/12 30/12 IRAN TEYFO4JW PCL-133 15/12 17/12 21/12 22/12 31/12 01/01 02/01 04/01 08/01 IRAN SHAHRYAR PCL-134 22/12 24/12 28/12 29/12 07/01 08/01 09/01 11/01 13/01 IRAN BAABAEI
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      1256 47 20 ftiC ft EVERY MOMAY 1 TO LONOBEACN -19 DAYS I TO OAKIAWI 21 MYS J I GENERAL AGENTS IN SINGAPORE 80 ROIINSON RD TEL 226 1900 FAX; *****08 OUTWARD (B/L) *****02 JONORE OfFKE: COSTAR SHIPPING PTE LTD #12-00 SAUS/BKGS *****57/43 INWARD DEPT (D/O) *****85 COSTAR AGENCIES (M) SDN BHD
      1,256 words
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      851 47 tUKOPi EXPtESS SEKVICS jgfig IMPORT aiFllMHgaiit-a :«IWi —i sal iH In imHH ACaPBN6(AMOBWtNWfcI|—I—NNWj■OMONCTHIMI—N MANAMgANHMM WATO EXPORT *ivnwmMßn/ii aaMßiiuT/50HiNaPMMHNiriUNKn/ii| IMPORT VESSEL VOY SM LGO OA* VBSQ VOY LGI OA* UN Or kg Wl2/12 30/12 >4/01 HJ COLOMOO 034W 227TT 14/12 HJOBJMG OlOf 10/12 M/ 01 10/01 ML OMLBTON. NJVMBKM 010W 20/11
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      1492 48 EUROPtAJft/SCAHDIMAVIA/HMLAND/RUSSIA rSGPI RDM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL I SGP I E DEVELOP RW-009 11/12 29/12 01/01 30/12 03/01 01/01 05/01 E 2™*"° JSrti >7rtl M/ll «5 2*l 1™? E DECENT RW 012 18/12 06/01 1201 OMI 10/01 11/01 12/01 E REFINE RE-023 2VII
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      813 48 PACIFIC INTERNATIONAL UNES (PTE) LTD A |H 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********0E M Ilvtssa vor m sn> mtm mu*m no ITTI I BMGA TBATAI 2 445 10/1? 12/12 23/12 21/12 y\ |/l I «♦< U/U 3EHZ 21/12 *;i y'/i \ii -fflr I UMA
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      469 48 SO TROK BLANGAH ROAD 102-02 CfTIPOKT CENTRE S PORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa VOY ETA ETD DESTINATION OM6UKWA *3.99 1712« 1&12A9 PKL. BALAMMUNTOK ILMAMUI 1459 17/12/99 17/12® MALAYSIAN POHT/PONTIANAK MABUKWA 4499 2V1Z99 2&T12/99 PALBBANGm. BALAMMUNTOK For enquiries and bookings please
      469 words
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      399 49 i BSA A. MYANMA wBBk FIVE STAR UNE (Myanmar National Line) Vl Loading for Yangoa (Rangoon) Vtssa VOT SIN PU POI PGU MOMGU 2<W SID MAWUMTME I7W 14/12 MALAYSIA AGEHTS: OOUSTIAD SHIPPING AGENCIES KUL Ttt (03)*****00 PKL TH (03)37*4101 PBfc IH (04)*****02 PGU: TH (07)*****21/4 BANK LINE (A ttrvic* of
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      1186 49 HMAT-' HYUNDAI MERCHANT MARINE CO., LTD. vtssa vdf" "soT "sou" in |m lifWw T vtssa vcjTjoy.JiLjgLJjjjL Jg- JIL ■iic m» 10/12 31/12 SMP 24/12 21/12 HTGBHAI 3211 17/11 >4/11 21/11 23/11 11/12 NOKYPHE 015W 13/12 29/12 30/12 01/01 04/01 N01B& 01X 27/11 24/11 21/11 23/11 »/J* HTIARON 323W 14/12 03/01
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      969 49 WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HtAVYUFT SIRVKI" I VESSEL VOY RAMP HBGHT iIN LAX CXI IMU I SAV ML OV NYC WW MOO TOM AMI 1 4001 ms TST 13/12 09/01 11/01 71/01 23/01 25/01 26/01 20/01 01/02 07/02 TARONGA AHOOI 400 Toas 6.3 M 25/12
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      754 50 lAHOKOK/—AP TA PHUT/LAIM CHABANOI JAKAWTA/PAMJAWO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 444N 11/12 15/12 14/12 BAN! BHUM ***** In Pt 12/12 XETHA BHUM" 313N 12/12 15/12 16/12 BUNGA MAS TIGA *****S 11/12 15/12 2 SHIMANAMI 11E 13/12 17/12 17/12 SHAHE' 015 12/12 15/12
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      380 50 INDONESIA NATIONAL LINE TO AUSTRALIA rjll cottpuwm aewwce va aw m tm ctp m. m m m tfifwar m is/11 ?i/ii v/n »/u 11/11 tnmiMD "ST n/ii ii/«io/o?k/t i/oi~ MSUMI Jh_ -wn O/Bl 0»/U I I/O) 14/41 WW H« M/ll 14/11 l*/*7 ii/Si "I ?i/»i FEEDER SERVICE TO INDONESIA w
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      792 50 VWSSPI VOY r SIN PKL I JED I MLA LEH RTM HAM ZEE SOT w i p lynanw Y34W 14/12 15/12 ZVI2 02/Q1 04/01 OSAM 06AM 07/01 micpf MMIQ3A V3SW 21/12 22/12 31/12 OS*Ol 1(V01 12/01 13/01 14/01 IVOI witi* TMIYi T3SW 29/12 30/12 07/01 12/01 17/01 20/01 21AM 23/01
      792 words
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      54 51 FAR EAST EUROPE LINE J Direct Breakbulk/Container/LCL Service to I Manila/Guam/Saipan FAR EAST USA Agents: V-Grow Shipping Pte Ltd I^ See Page 7 Daily FULL CONTAINER EXPRESS SERVICE Wallenius T Wilhelmsen Turn To Pg 5 New Europe To [B MIDDLE EASTI S.E. ASIA service China Shipping (S) Agencies Pte Ltd
      54 words
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      47 53 Dial74o-6000 Ofl G€ITI3nG (Retrieve more schedules!) Press "V e Select the port and key in S the four digit code eg: To New York (NYC) 2275 st£) Key in your fax number I your phone number Another innovative service offered by The document Will be Shipping times
      47 words
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      773 55 SSAMUDERA SHIPPING LINE LTD 72 Anson Road, *06-01 to 03, Singapore *****1 MAM UM/OUTWMD: 532 3iU INWARD (DID): 437 236S IMPORT STATUS (0(0): 437 2378 INVENTORY (M 0): 437 2420 W»b>iU http://www.tamud«ra.<oni Ct MO. **********00 BOOKINGS UNE; 535 6266 (Celio/Jessko/Mei Chan/Jeshynn/Dora/Hanim) EHSBSIGS/WEEKLY HUSH 3 SLGS/WEEKLY Ivissa vor sin jar Ivtssa
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      856 55 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I P«G SIN *T I SUP I MW I PPG I tMO 1 OOM I HAL I NYlTott 1 jAV 1 «W I TAM 1 HQV HOtCM MHttVA /00S4 17/12 23/12 2»/12 2«/l2 04,01 03/0) IS/01 1«/01 IS/02 U/02 21/02 24/02 2»/02
      856 words
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      217 55 WW TUBES/ WII» SAILINGS: P. OUPAN6/SIN6APOBI SOUTH BOUND «sa wr r. turn T»~ BIAUSWH as SANH) 10. 1? (Htl) BIMASIKI W44S IQ/l?<flB) lmZflD PMUSmI W47S 12/1? tSUN) 1112 mQWi ammt wis ivi?wow) i4/i?mio amms ra* is/i?(wtDi i4/i?mw nwasiMii nsOS lt/l?(THU) iy/l?(HB) northbound vtssa 1 yo> sw yaw* amAami w<s> 10
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      578 55 lIM® LEE SWMN6 CO PTE ml I Ws S3JOt7S (4 Um| fu: SUNM/DIHM I T CRltes 15t2t*****0t I VBSa VOT SM ETA SM ETD DESTINATION U«wSioi3? 9/99 07/12 08/12 Wcyc GwfaK ld/99 08/12 JO/12 tokoio BuoncAbri 14/99 09/12 10/12 Duma/Pw»«t/Buoio> U*»Stt2o 8/99 10/12 10/12 lokoic DwDim) 15/99 11/12 11/12 Duma
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      617 56 I VESSEL VOY SIN MAA SIN I TIGER BRIDGE 756N 1112/12 16-19/12 24 »12 I CAPESORRELL 757N I*lVl2 2829H2 I TIGER ISLAND 758N 17 18/12 2326/12 3HJI/01 I TIGER RHYTHM 75SN 21 22/12 2&3(V12 04 05/01 I TIGER BRIDGE 760N 24 25/12 3&Q2A11 I CAPE SORRELL 761N 2&29/12 02 0601
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      930 56 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: .com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MA HE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG SUVA NOUMEA MALTA SANTO DOMINGO PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT
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      1209 56 fo,kookm 9 |jfv Q Wefrvte: btl^:/ /*w*j»daß \J^ WORTH AMEHICA USA s» ia o« «n hou I m«wmm aolb 00(1 lAl** 3015>1 IS/17 31/17 OS/OI 04/01 04/01 OVOI 1!/!! {K! JKj! 00(1OMIA ***** 77/17 07 All 17/01 13/01 13/01 17/01 OJG IfIUIN 3QTSS3 79/17 14/01 19/01 W/tl ***** 19/01 J
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      110 57 m Wf- *'+< >V. w 7 liT> Bk Ks •'v J? v V V?I Wl» fr m r ;.i 4>* li CATCH THE LATEST WAVE IN LOGISTICS I M w* +J^^M *9 Ajm f* i na—ltiiftNfeK <! v The Shipping Times now features a full page of logistics news on
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