The Business Times, 21 December 1999
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1999-12-21
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The Business Times
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Title Section13 1999-12-21 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, DECEMBER 21,199913 words
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Article66 1999-12-21 1 Q 236M1 (-2.81) BT-SBI 91& II (+6.25) smsci FUTURES 32U0 (-0.80) STOCK HABKET INDICES Monday Change KI-SE COMP 787.74 +9.48 NIKKEI 18,175.49 +80J7 HA.N0 SENG 1M 12.39—+226.04 SET INDEX 450.68 ♦11*1 JAKARTA COMP .__646.06 *7.24 MANILA COMP —1031.39 +33il TAIPEI WH 7,782.94 -14.98 SEOUL COMP 967.06 +17.79 CL8A66 words
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Article79 1999-12-21 1 FOREX RATES m si rn —167a £(ISS/SS per 1.607 1688 El'RO(US$/SS/E)— >011 1.691 DM 1.936 0.864 YEN 1025—1.626 IIM >800 0.440 HKS 7.771 0115 BAHT 17.97 0.044 RUH AH 7,086 0.024 'Stte lOOunlu PRIME BATES SIN(iAPORK* 5.80 M ALA IJ'MPI R 7.25 JAKARTA 40.00 BANGKOK 10.00 MANILA 11.00 HONfl79 words
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Article, Illustration1192 1999-12-21 1 Conrad Raj - $1.6b deal opens way for better access to transatlantic markets Conrad Raj [SINGAPORE] Singapore Airlines, one of the most profitable airlines in the world, is paying $1.6 billion to buy a 49 per cent stake in one of theARTWORK BY GARETH CHUNG - 1,192 words
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564 1999-12-21 1 Audrey Tan - Chemic&ls, telecom equipment confirm export recovery By Audrey Tan [SINGAPORE] Singapore exporters are headed for a merry season, with the latest trade figures released yesterday showing that the pickup in exports is still accelerating. Non-oil exports surpassed all analysts' expectations by surging 24.5564 words
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Article, Illustration667 1999-12-21 1 New year will perhaps be less wild, but it will be like 1999, say market strategists Reuters [NEW YORK] Wall Street s bull run will continue Into 2000, though not as wildly unbridled as in 1999, according to marketReuters - 667 words
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Page 1 Advertisements
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Advertisement96 1999-12-21 1 DBgPE BT Comment Take a chance on Malaysian gaming stocks. Pg4 Lee Han Shih on free parking on Saturdays. Pg 8 Top stories Investors jam on brakes as C&C loses Merc franchise. Pg 4 DBS Group poised to hit $30 on regional growth hopes. Pg 4 Mediaßing.com offers free calls96 words
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Advertisement134 1999-12-21 1 Confessions of a corporate suitor, Next Page \y^HhH j w^' ■snm f.-fc wyu ii«. Oh» 3 0 HiK <^^^^BaK «*y\T \—l .pi f—r —7-71 *18 >r w i wESST 1 RlßifS IKWBW i 1 i c l Hh IHI 11 f MSSIf Wmt &r, ■j| ■BUS 9ii 11 HI i134 words
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ON THE grapevine
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Article79 1999-12-21 2 MANY man-hours were lost after office workers installed the addictive computer game Tetris on their PCs a couple of years ago. Microsoft's latest game, Pandora's Box, also by Tetris creator Alexey Pajitnov looks set to repeat the feat, having taken the number one spot for puzzle games79 words
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Article46 1999-12-21 2 LOOKS like it is not just the superstitious masses who believe in fengshui, lucky numbers and the like. The Singapore Exchange has changed its general phone line number to *****88. Now maybe the Straits Times Index will finally hit the 3,500 points mark.46 words
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104 1999-12-21 2 HONGKONG cyber tycoon Richard Li is determined to throw the ultimate millennium bash in the territory to celebrate "the launch of Hongkong into the cyber era." His flagship company, Pacific Century CyberWorks, is staging UTOPIA, a party in aid of The Hongkong Cancer Fund. Among the104 words
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71 1999-12-21 2 No clicking just send the cards DON'T apply high technology to send Christmas greetings. Do it the good, old-fashioned way send greeting cards through the mail. This appears to be the advice of Singapore Post. A poster currently seen in many post offices here reads: "Do not erase the spirit71 words
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861 1999-12-21 2 Harish Mehta - Chuan govt easily survives no-confidence debate; stocks soar hYont Harish Mehta in Bangkok THAILAND'S reformist Chuan Leekpai government was given two big boosts yesterday with the economy growing an impressive 7.7 per cent in the third quarter and the government easily surviving a withering861 words
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Article, Illustration728 1999-12-21 2 In a rare glimpse of what goes on in the mind—and heart -—of a corporate suitor, Cheong Choong Kong, Singapore Airlines'chief executive, tells how the airlinefinds its soulmate in Richard Branson's Virgin Atlantic. DrCheong's engaging and candid introductory remarks were made at728 words
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Page 2 Advertisements
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Advertisement58 1999-12-21 2 B V LG A R I ALUMINIUM Spirit of innovation I cq In aluminium, rubber and steel Automatic or quartz movement Available in three sizes From SS 2,000 Available in Singapore at Bvlgari. Hilton Hotel 737 1652 Takashimaya Department Store 735 6689 and Dickson Watch Jewellery. The Promenade 732 890058 words
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Page 3 Advertisements
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Advertisement162 1999-12-21 3 The partnership approach Getting to know one another is crucial: the closer the understanding, the greater the trust, and the more productive the partnership. Based on a thorough understanding of your financial goals, your personal Client Advisor will place the worldwide resources of ÜBS at your service. For over 125162 words
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SINGAPORE companies
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Article, Illustration453 1999-12-21 4 Ven Sreenivasan - Analysts see C&C development as being generally negative for motor stocks By 1 Ven Sreenivasan CYCLE Carriage slumped in the stock market yesterday following last Friday's announcement that it would lose its Mercedes Benz wholesale franchise to DaimlerChrysler and that itsSource: Bloomberg - 453 words
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Article, Illustration288 1999-12-21 4 Kalpana Rashiwala - By: Kalpana Rashiwala RETAILER CK Tang continues to stem the flow of red ink, slashing its interim group net loss to $1.4 million from $7.4 million a year earlier. It credited the smaller loss to better gross margins, savings in operating expenses andFILE PHOTO - 288 words
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582 1999-12-21 4 diana oon abdullah - H lock siew 1 diana oon abdullah THREE weeks after the Malaysian election and gaming stock analysts are bemoaning investors' nervousness about prospects for the sector. The unexpectedly strong showing by Islamic opposition party Parti Islam se-Malaysia (PAS), which not only ousted the ruling582 words
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504 1999-12-21 4 Analysts attribute price surge to strong management team, regional ambitions Bloomberg DBS Group Holdings Ltd's stock is poised to breach $30 as investors bet the bank will extend its drive next year to expand beyond Singapore. The financial services group, owner ofBloomberg - 504 words
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254 1999-12-21 4 Company wants to enlarge base to support growth ECON International yesterday proposed a 1-for-l bonus issue following its 31 per cent increase in first-half profits. The company said the issue of a minimum of 216,063,686 bonus shares is to reward254 words
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179 1999-12-21 4 LONDON-LISTED Millennium Copthorne Hotels (M&C) completed the acquisition of the US hotel interests of Regal Hotels International last Friday. Its parent, the Hong Leong group, said in a statement yesterday that M&C has agreed with Regal to defer the acquisition of Regal's179 words
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COMPANY Briefs
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51 1999-12-21 4 KHONG GUAN Flour Milling yesterday said that the Chew family's plans to sell a controlling stake to a third party were unsuccessful. In early October, the founding family said they were negotiating to sell a 30 per cent interest to an overseas Chinese51 words
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Article58 1999-12-21 4 DEPARTMENT store Isetan Singapore said yesterday it expects the financial year ending March 2000 to "be weak as compared to the corresponding period last year" due to a fall in profits for the six months ended September and based on the performance indicators after two months58 words
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Article54 1999-12-21 4 MAINBOARD-LISTED Asia Dekor yesterday posted a 110 per cent surge in net profit to 50.5 million renminbi (Sslo.l million) on a turnover 0f300.6 million renminbi for the six months to September. The laminated flooring manufacturer's earnings per share doubled to 0.076 renminbi from 0.036 renminbi.54 words
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58 1999-12-21 4 SINGAPORE Petroleum Company yesterday said it has appointed Chase Manhattan (SEA) as independent financial adviser to its independent directors in connection with the general offer by Keppel Oil Gas Services. A circular containing the advice of Chase Manhattan and the recommendation of the58 words
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Article22 1999-12-21 4 CLIPSAL INDUSTRIES (HOLDINGS) said yesterday its executive director, Michael George Clayton, died on Dec 17 in Amsterdam, Netherlands.22 words
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Article43 1999-12-21 4 SHANGRI-LA Hotel Ltd said Goh Soo Siah will step down as chairman with effect from Dec 31 but will remain a board member. Mdm Kuok Oon Kwong, a director, has been appointed executive chairman with effect from Jan 1.43 words
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Article, Illustration370 1999-12-21 5 Toh Han Shih - Revenue expected from ads; user base said to be growing at over 9,000 daily w Toh Han Shih MEDIARING.COM, a Singapore Internet phone company, is offering free calls to the US. From any PC anywhere in the world including Singapore, Mediaßing.com allowsFILE PHOTO - 370 words
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398 1999-12-21 5 Surinder Singh - Deal involves management of 27 All Seasons hotels Froml Surinder Singh in Sydney THAKRAL Group Holdings has agreed to sell its All Seasons hotel management business to Accor Asia Pacific for As 29 million (5531.3 million) in cash. The deal involves398 words
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Article, Illustration520 1999-12-21 5 Kalpana Rashiwala - By Kalpana Rashiwala FIRST Capital Corporation's Sanctuary Green condominium looks set to be among the earliest property launches for 2000. The 99-year leasehold project will be the first to be launched in the Tanjong Rhu area after a520 words
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Page 4 Advertisements
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Advertisement39 1999-12-21 4 Osprey joins venture to pool 38 VLCCs Shipping Times Pg 1 eft. V m /M > K.tL/ 1 K 0 im, I riiVll i> Mews/ I Catch Cats' Nim it Classified this wttlmj. CATS. Buy It. Sell It. Find It.39 words
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Page 5 Advertisements
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Advertisement67 1999-12-21 5 I 1 Meet Ann and Wykidd; better known as Song and Kelly. While they might be familiar faces around Singapore, overseas, 'Song Kelly' may only be known as a brand. That's why the designer duo choose the American Express 00 Card. So now, they get the recognition they deserve in67 words
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SINGAPORE markets
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Article469 1999-12-21 6 Stocks Vghjmg Benefun HK10c 15,781.000 OUB CL eCW*****5 11,927,000 ChuanHup 20c 8.945,000 SingTel 15c 8,350,000 EcooWtOO 7,858,000 L&M50C 7.837,000 Kingboard US 10c 7,253.000 SembCorpI 25c 6,873,000 Keppel Corp 6,517,000 NOL 6,194,000 Stocks DBSGrp 68,417,564 SingTel 15c 28.595,288 KeppdCorp 24,973,680 OUB 23,311,180 OC8C *****,700 SIA 16.734,383 PacificCentury 16,687,100 NatEJec 10c 15,627,993469 words
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Article, Illustration543 1999-12-21 6 ven sreenivasan - -i I comment STOCKS ven sreenivasan CHRISTMAS week kicked off on a quiet note on the Singapore stock market yesterday, but for DBS Group, it was another record-break-ing run. Not so fortunate was local motor giant Cycle Carriage, which skidded as investors jammed543 words
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Article, Illustration162 1999-12-21 6 Ven Sreenivasan - WARRANT WATCH By' Ven Sreenivasan PROPERTY stocks have recently lagged the general market, but analysts reckon the sector has upside potential next year as more property launches take place and the economic recovery filters into people's pockets. One such laggard is Keppel162 words
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Article, Illustration267 1999-12-21 6 Wong Wei Kong - HOT STOCK By Wong Wei Kong THE DBS Group stock closed at a new high yesterday, but it looks set to enter a period of consolidation following what has been a dazzling run. It ended the day $1.40 or 5.2 per cent higher at267 words
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Article87 1999-12-21 6 United States Washington: dam. The Federal Reserve's policy-setting Federal Open Market Committee meets to discuss interest rates and the economy 2pm. The Treasury Department reports its Budget statement for November American Petroleum Institute issues its weekly report on US petroleum stocks, production, imports and87 words
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592 1999-12-21 6 It manages to stay barely a cent above parity with US$ Reuters [TOKYO] The euro found some breathing space, but stayed barely a cent above the one-for-one level against the US dollar yesterday, still reeling from a downturn late last week the latestReuters - 592 words
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Page 6 Advertisements
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Advertisement73 1999-12-21 6 where else could you find a suite* this innexpensive? Ss72++ Batam •one bedroom suite- offer valid to April 1, 2000 **10% service charge and 11% government tax O 0 yOUT S 6 I J For reservations, simply call Holiday Inn Hatam at 62-778-381-333 or Singapore Sales Office at 65-478 0820/47873 words
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Advertisement23 1999-12-21 6 To make money from the market you need the best ideas. Get some, by signing up witn DBS Investor Online at 523-3955. ggOBSBANK23 words
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SINGAPORE news
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Article, Illustration278 1999-12-21 7 Teh Hooi Ling - l=tf =4 on the economy telecommunications By' Teh Hooi Ling OUTGOING international phone calls in Singapore have continued to climb on the back of the region's steady economic recovery. The number of minutes for outgoing international calls grew 10 per cent in NovemberSource: SingTel - 278 words
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Article, Illustration316 1999-12-21 7 Tan Gim Lam Singapore - MAILTTm Tan Gim Lam Singapore I'M a shareholder of Keppel Corporation. Since the announcement of the retirement of outgoing chairman Sim Kee Boon, I have seen the company's share price plummet for no apparent reason. In valuation terms, Keppel Corporation is extremely attractive by historicalFILE PHOTO - 316 words
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Article318 1999-12-21 7 John Tan Singapore - John Tan Singapore THIS is an open letter to the Public Works Department (PWD). I am one of the purchasers of a condominium which has just been granted a Temporary Occupation Permit. The area of my unit is 108 sq m and it is allotted four318 words
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Article, Illustration484 1999-12-21 7 Eugene Low - Only 5.2% of some 3,000 companies surveyed offer such schemes to staff By, Eugene Low STOCK option schemes for employees have yet to take off in a big way in Singapore, judging from a survey of the private sector conducted bySource: Ministry of Manpower - 484 words
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Article232 1999-12-21 7 Checker convicted of failing to do independent design checks on 2 projects TWO engineers, Wong Kok Loong and Ho Wah Foo, took an illegal short-cut in submitting building plans for approval and promptly landed in court last month where they were fined $6,000 each. The232 words
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118 1999-12-21 7 CREATIVE Technology yesterday announced broad support for the Macintosh platform. The Nasdaq-listed multimedia company's line of Sound Blaster Live! audio solutions and Personal Digital Entertainment (PDE) Internet solutions which include the Nomad line of portable audio devices and the Web Cam Go line of118 words
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284 1999-12-21 7 RESIDENTIAL developers can look forward to a better year in the new century as prices of residential properties are likely to climb by another 10 per cent on top of the 40 per cent rise seen in some sub-sectors this year. "Prices284 words
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Advertisement39 1999-12-21 7 You can email us at btletterQsph.com.sg or fax to us at *****71 f or mail your letter to The Business Times, Times House, 390Kim Seng Road, 5fp0re*****5.S f pore*****5. Please give your full name f address and telephone number.39 words
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Advertisement26 1999-12-21 7 1 prime HMWBKI WAREHOUSE/ FACTORY SPACE I FOR LEASE I A-Z Building I For details, please call owner 1 Telephone 437 6853 437 6872 534 3132_26 words
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Advertisement61 1999-12-21 7 You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely ji^ for the next generation. Begin your own tradition. Calatrava-ref. 3919 The HourGlass B QUALITY TIME SINGAPORE THE HOUR GLASS T»k»shimay» S C T«l 734 2420 Scotts SC T«l 235 7198 Lucky «M» T«l 733 1262 MALAYSIA THE61 words
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FOCUS property
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Article, Illustration690 1999-12-21 8 lee han shih - I=ll comment PROPERTY Carparks are big business for HDB, DBA, bringing in a total revenue stream of nearly $390 m a year lee han shih RECENT letters to the press have focussed attention on one of the government's most under-publicised and also possibly oneFILE PHOTO - 690 words
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Advertisement174 1999-12-21 8 'iV* sv*fc J* > A GIFT, WITH LOVE FOR HIM... FOR HER... Bologna, Italian (Florentine* mid- H*#dj»ide in stertirig ce nt urv. Height, including ba#e. \o\' genuine ft? I***1*** and pen dot. PPP6OSOK) bronte powders banded wins. Dishes nHTifW^MP; 1 1 ▼iW'illihl JM 1 tf l ~>.jfiL»..& ;"7!fJ^l.. i y174 words
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Advertisement327 1999-12-21 8 Prime Freehold Residential Sites For Sale LUXURY CONDOMINIUM SITE AT BALMORAL CRESCENT 1 development (22 units) j Land area 51.080 »q ft yre-r- \\v\ Pl< r#tio *-®> height up to 10 storeys [Subject y\\ Close to Orchard Road A CBD Site Sale is subfect to Strata Titles Board Approval tf327 words
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Advertisement88 1999-12-21 8 L your cue! Your weekly guide to pubs and lounges every Friday in The New Paper Fastads Es^ Freehold Residential Site at 43 Jervois Road o v %a One owner o !SSi«A /'z, fl***" Site area: 31,808 sq ft /wwii t Plot ratio: 1.4,4 storeys o tSTMI neOEMCV 7"" *888 words
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Page 9 Advertisements
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Advertisement291 1999-12-21 9 CHAPTER ONE Trailing clouds of glory, Captain Corelli shimmered into the room. "Gaul is divided into three parts," he announced. "And for the really alert, and more literary among us, there were three clues in that first sentence, and four altogether, so far. Stay awake, please; for today we have291 words
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EDITORIAL & opinion
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Article, Illustration808 1999-12-21 10 mohan kuppusamy - STT^ bottom line OPINION mohan kuppusamy The writer is BT's editorial page editor MALAYSIAN Prime Minister Mahathir Mohamad has disclosed that this will be his last term. If everything goes according to his plan, he will have five years to settle outstanding808 words
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Article116 1999-12-21 10 'Is it strong growth and low inflation, or low inflation and strong growth? If you're asking the chicken-and-egg question, I'd vote for low inflation first.' 0 David Orr an economist, on indications that the US economy continues its near record expansion with little inflation. The old axiom116 words
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Article591 1999-12-21 10 EDITORIAL AS national blueprints go, Productivity Action 21 (or Pro Act 21 in short) Singapore's third 10year plan to improve its work force and companies is a fairly slick packaging of the latest buzzwords about the economy. But it's more than that, of course. Pro Act 21591 words
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Article, Illustration1210 1999-12-21 10 Stephanie Strom - Contradictions in the recovery story clond future direction of the economy By\ Stephanie Strom NYT TO ALMOST everyone's surprise, the Japanese economy showed remarkable and remarkably diverse signs of life this year. Foreign investors, reassured by the seemingly endless stream of corporate overhaulsNYT; FILE PHOTO - 1,210 words
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Article, Illustration960 1999-12-21 10 Saddam's oil card BECAUSE of rising oil demand from Asia, and the Opec cartel's limiting of its production, the oil market has been very tight for the past six months. Saddam Hussein's Iraq became the enormously powerful swing producer the only country willing and able to960 words
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MALAYSIA news
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Article, Illustration507 1999-12-21 11 Eddie Toh - Opposition MPs stage walkout; I think parliamentary debate frow now on is going to be more like a street brawl, says Dr M From. Eddie Toh in Kuala Lumpur MALAYSIA'S Parliament convened for the first time since the watershed election and immediately saw an OppositionAFP - 507 words
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327 1999-12-21 11 KUALA LUMPUR A NEW potential bidder for Time Telecommunications Sdn Bhd a unit of Time Engineering Bhd may be Sapura Telecommunications Bhd which has a powerful partner in the form of Hongkong's Hutchison Whampoa Ltd, the Malaysian Business Times reported yesterday.327 words
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MARKET moves
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Article113 1999-12-21 11 COMPANIES involved in the semiconductor business saw their shares soar yesterday on expectations of better earnings for the coming year. Two of the bigger semiconductor makers, Malaysian Pacific Industries (MPI) and Unisem, were high on the top gainers list. MPI rose 1.75 Malaysian ringgit to close113 words
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Article82 1999-12-21 11 INVESTORS dumped Measurex shares yesterday following a news article which pointed out that the company had proposed to divest some of its electronics business in October. Stocks linked to the electronics business, including Measurex, have been enjoying a good run on the KL bourse on optimism for82 words
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Article105 1999-12-21 11 Ruth Wong - Compiled by Ruth Wong THE Tongkah warrant rose 20.5 sen to close at 67.5 sen on active trade yesterday on its first day of listing. It remained the most active issue for the day despite a com pany request for suspension at 11.50 am.105 words
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445 1999-12-21 11 Diana Oon Abdullah - 24 foreclosed properties fetch RM17.75m, 8% more than indicative valne FYom Diana Oon Abdullah in Kuala Lumpur MALAYSIA'S asset management company Pengurusan Danaharta Nasional Berhad found buyers for a little over half of the 44 properties it put up for sale in its first tender445 words
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307 1999-12-21 11 KUALA LUMPUR AFP TERENGGANU'S PAS-con-trolled state government agreed yesterday to allow tolls on a proposed extension of a new national highway. "We do not object to the construction of the (highway) project and a survey by the Economic Planning Unit showsAFP - 307 words
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139 1999-12-21 11 mKUALA LUMPUR AFX-Asia BANK Negara is drafting two comprehensive masterplans for the financial sector and national payment systems to cope with the demands of the next millennium, the New Straits Times reported. A masterplan is being drawn up to chart the development andAFX-Asia - 139 words
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247 1999-12-21 11 LUDWIGSHAFEN Germany Bloomberg, Bernama BASF AG, Europe's largest chemicals maker, said its joint venture BASF Petronas Chemicals will build a 50,000 tonne formic acid plant in Kuantan, Malaysia, to supply the Asian market. The total investment will be about 900 million eurosBloomberg,; Bernama - 247 words
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Page 11 Advertisements
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Advertisement34 1999-12-21 11 FREEHOLD 21-Unit En bloc Sale Total Strata Area 4Qs3sqft STS2S!-- Strategic location surrounded by amenities and ready workforce Easy access to PIE, CBD f Attached toilets for all units tf r" Call: *****22 *****0034 words
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Advertisement325 1999-12-21 11 Wharton vJ l'1 g a a nt MANAGEMENT Wharton School UNIVERSITY University of Pennsylvania WHARTON-SMU CONFERENCE ON "ROLE OF STOCK OPTIONS IN STAFF COMPENSATION PACKAGES" Date: 14 January 2000 Venue: Tower Ballroom Shangri-La Hotel Registration Fee: Ss3so (includes seminar participation, conference materials, lunch tea breaks) The one-day conference will feature325 words
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SOUTH east asia
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Article, Illustration390 1999-12-21 12 MANILA Congressional panel agrees on 60% ownership limit in non-luxnry sector Reuters, AFP PHILIPPINE lawmakers have reached a consensus on the final draft of a law opening local retail trade to foreign investors, a senator said yesterday. A joint congressional panelReuters,; AFP; FILE PHOTO - 390 words
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171 1999-12-21 12 MANILA Bloomberg THE Philippine Senate deferred the approval of a law that will allow foreign lenders to expand their operations in the country after a senator requested a review of the wording of the proposed changes. Senator Raul Roco, the chairman of theBloomberg - 171 words
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264 1999-12-21 12 MANILA Bloomberg THE International Monetary Fund, the World Bank and the Asian Development Bank want the Philippine government to implement before year-end a long delayed electricity reform bill that would open the industry to foreign companies and cut electricity costs. IMF mission chiefBloomberg - 264 words
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178 1999-12-21 12 JAKARTA Bloomberg ADHI Satriya, head of Indonesia's state utility PT Perusahaan Listrik Negara (PLN), resigned after the government said it will drop the corruption case against PT Paiton Energy. Paiton, which is 40 per cent owned by Edison Mission of the US,Bloomberg - 178 words
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WORLD Watch
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Article76 1999-12-21 12 Bloomberg [BANGKOK] Srithai Superware, Thailand's biggest maker of plastic industrial and consumer goods, said most of its creditors have approved a plan to restructure US$l73 million (Ss2BB million) in delinquent debt. Under the plan, creditors such as Citibank and Bank of America would convertBloomberg - 76 words
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86 1999-12-21 12 AFX-Asia [JAKARTA] Phoenix Global Investment said it has filed a bankruptcy lawsuit against PT Putra Surya Multidana due to the latter's failure to service interest payment on a US$l million (SI 1.67 million) convertible bond. Phoenix lawyer Mathens Manafe said Phoenix bought the bondAFX-Asia - 86 words
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45 1999-12-21 12 Reuters [HANOI] Vietnam will raise the minimum monthly government wage to 180,000 dong (5121.50) from the current 144,000 dong on Jan I, the Vietnam News Agency reported yesterday. Analysts blame low wages for widespread official graft and smuggling. ReutersReuters - 45 words
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Article, Illustration322 1999-12-21 12 mBANGKOK Reuters THAILAND'S Pizza pic reported yesterday a legal dispute with the owner of the Pizza Hut franchise as it sought to renew a five-year franchise agreement expiring on Jan 18. Pizza pic said in a statement that it had exercisedReuters; FILE PHOTO - 322 words
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Page 12 Advertisements
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Advertisement1982 1999-12-21 12 A THE SIAM COMMERCIAL BANK M PUBLIC COMPANY LIMITED Wl Head Office: 9 Rutchatiapisek Road, Ladyao, Jatujak, Bangkok *****. Tel: 544-1111. Annual Report For The Year Ended December 31,1998 ASSETS 1998 LIABILITIES AND SHAREHOLDERS' CASH 7,473,758,377 EQUITY 1998 INTERBANK AND MONEY MARKET DEPOSITS DomLtc items Deposits in Baht 554.639.392.759 Interest1,982 words
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EAST asia
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495 1999-12-21 13 TAIPEI Lien says the island is not a colony, 'one country, 2 systems' won't work Reuters, AFP TAIWAN yesterday hit out at Chinese President Jiang Zemin for saying the formula governing the handovers of Macau and Hongkong to China would aid Taiwan's reunification withReuters,; AFP - 495 words
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Article, Illustration742 1999-12-21 13 Quak Hiang Whai - Macau govt's most important task is to remove obstacles to economic progress, says new chief executive From Quak Hiang Whai in Macau TROOPS and armoured vehicles from China's People's Liberation Army rolled into Macau's city centre at noon yesterday, sealing the return ofAFP - 742 words
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285 1999-12-21 13 HONGKONG Reuters IMPROVEMENTS in Hongkong's labour market continue to lag behind the territory's economic recovery, with joblessness easing only marginally in the three-month September-November period. The government said yesterday the seasonally adjusted unemployment rate in the three months to November fell slightly to 6.1Reuters - 285 words
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348 1999-12-21 13 LONDON They plan to invest £15.6 m in the Gnanffshon market Reuters BRITAIN'S largest life assurance group Prudential pic said yesterday it would form a joint venture with China's investment flagship, China International Trust and Investment Corp (Citic). The deal would create theReuters - 348 words
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249 1999-12-21 13 TAIPEI Bloomberg CHINA Development Bank, responding to unspecified market speculation, said its creditworthiness was sound, past-due loan ratios were low, and profits were on track to beat earlier forecasts. CDB, Taiwan's largest investment and venture capital company, blamed "untrue rumours about creditBloomberg - 249 words
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137 1999-12-21 13 HONGKONG Bloomberg THE Bank of East Asia Ltd (BEA) is selling its 50 per cent stake in an insurance joint venture with Aetna Inc, the largest US health insurer, for U*****.5 million (*****.5 million). BEA will sell 11 per cent ofBloomberg - 137 words
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Page 13 Advertisements
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Advertisement69 1999-12-21 13 iMMBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB ■■■■■■■■■■■■■■PiIPMMMMHIIWMMMSSgBSSJL A A ,n 7W■//fnli ffn lly are paying mars. IMB SfnHl/ \ll y OlB,lO|M 1,0631 a a I,l l,l6 n* ll l *betaw. fllfttil Al Ch \l >228 4619 >228 4632-228 4609-474 8691-228 4616-458 8030 >222 6087-449 0601 *273 0360 »JK B 746 8084 778 6271 778 416969 words
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SOUTH asia
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Article, Illustration480 1999-12-21 14 COLOMBO Shares slip on fears of a swing away from market-friendly opposition contender AFP, Reuters SRI Lankans go to the polls today to choose a president just days after an assassination attempt against incumbent head of state Chandrika Kumaratunga left 21 deadAFP,; Reuters; AFP - 480 words
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279 1999-12-21 14 KARACHI Reuters PAKISTAN'S military ruler, General Pervez Musharraf, said his government will finalise laws governing takeovers, mergers, acquisitions and liquidation of listed companies by March next year. "The Securities and Exchange Commission has been directed to finalise the takeover law and placeReuters - 279 words
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146 1999-12-21 14 TOKYO AFP JAPAN'S Electric Power Development Co said yesterday that it and trading house Marubeni Corp will join a US$7OO million (551.17 billion) project to build a coal-fired power plant in India. Construction of the 520,000-kilowatt power plant will begin in February inAFP - 146 words
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Page 14 Advertisements
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Advertisement1079 1999-12-21 14 t^URACO URACO HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting ("EGM") of Uraco Holdings Limited (the "Company") will be held at 25 Serangoon North Avenue 5, Singapore *****4 on 5 January 2000 at 3.00 p.m. for1,079 words
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Advertisement1188 1999-12-21 14 roi HLJP SENS HUAT CO. LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN That the Sixth Annual General Meeting of the Company will be held on Friday, 7 January 2000 at 2.30 pm at 365 A Jalan Besar Singapore *****5 for the1,188 words
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Advertisement367 1999-12-21 14 ANNOUNCEMENT OF DESPATCH OF OFFER DOCUMENT UNCONDITIONAL CASH OFFER (THE "OFFER-) BY VICKERS BALLAS A COMPANY PTE LTD (-VICKERS BALLAS*) FOR AND ON BEHALF OF HARVEY NORMAN OSSIA (ASIA) PTE LTD (THE ■OFFEROR") TO ACQUIRE ALL THE ISSUED SHARES IN THE SHARE CAPITAL OF PERTAMA HOLDINGS LIMITEO ('PERTAMA') OTHER THAN367 words
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WORLD news
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Article, Illustration546 1999-12-21 15 Monsanto, Pharmacia Upjohn agree to tie up in US$50b deal NEW YORK New company plans to separate pharmaceutical and agricultural divisions NYT THE Monsanto Co, which makes one of the world's best-selling drugs but has come under fire recently over genetically altered crops, and the drug maker Pharmacia Upjohn IncNYT; FILE PHOTO - 546 words
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404 1999-12-21 15 SEOUL Bloomberg SK Telecom Co will pay about US$2.4 billion (Ss4 billion) to take over Shinsegi Telecom Co, extending its dominance in South Korea's mobile phone market after Vodafone Air Touch Pic cancelled plans to acquire extra Shinsegi shares. SK TelecomBloomberg - 404 words
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158 1999-12-21 15 SYDNEY Reuters THE Australian Stock Exchange Ltd (ASX) said yesterday it planned to introduce a new listing rule requiring cash-rich companies to supply quarterly cash flow statements in their first two years of listed life. "The reason for the new rule is thatReuters - 158 words
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356 1999-12-21 15 SYDNEY ItH take 50% stake in Packer's Online Broker Holding* Reuters CHARLES Schwab Corp said yesterday it will tackle the Australian market through an online venture with media mogul Kerry Packer. Schwab, the leading online and discount broker in the US, said itReuters - 356 words
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805 1999-12-21 16 Anthony Rowley - Markets welcome 85t yen Budget which is more than current year's From, Anthony Rowley in Tokyo THE Japanese government yesterday announced its largest ever annual Budget signalling that there would be no turning back on its pledge to continue applying heavy805 words
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Article, Illustration36 1999-12-21 16 [OSAKA] An aquarium employee dressed as Santa Claus feeding dolphins at Kaiyukan aquarium in Osaka, western Japan, on Sunday. The employee will be dressed up as Santa for the feedings until Christmas day. REUTERSREUTERS - 36 words
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285 1999-12-21 16 LONDON Reuters RESTAURANTS, hotels and pubs have scared people off with high prices and will see a business slowdown in the last weeks of the year, said a report published yesterday by Business Strategies Ltd. The 1999 fourth quarter slowdown will only beReuters - 285 words
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Article113 1999-12-21 16 m TORONTO Reuters CANADIAN National Railway Co (CN) and Burlington Northern Santa Fe Corp plan to join forces in a Cs2B billion (5531.7 billion) business creating North America's largest railroad, the companies said yesterday. The new company, to be called North American Railways Inc, will beReuters - 113 words
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448 1999-12-21 16 MOSCOW Leftist bloc expected to win only 170 of the Duma's 460 seats AFP RUSSIANS yesterday woke up to discover that weary voters may still prefer liberal reforms to promises of aging So-viet-era apparatchiks in an election result the Kremlin dubbed revolutionary.AFP - 448 words
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333 1999-12-21 16 Neil Behrmann - US demand, recovery in Asia contribute to 57% sales jump From. Neil Behrmann in London AN American boom in luxury products, a millennium campaign and an upturn in Asian demand caused global rough diamond sales of De Beers Centenary to surge333 words
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Page 15 Advertisements
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Advertisement106 1999-12-21 15 *Be P a rt of tht^w w Wtiming ChorWt loti y, Sco>or DitjtK^Monogm jys/f7 Scan Chua Svparitar Ag*M Dip Icon 2£p S£XQ'p s" Dip. $t Sop^rOoryAg^nf TOW FINANCIAL PLANNING Don't settle for second best! Partner an agency that has the capabilities to provide you with the best in terms of106 words
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Advertisement1669 1999-12-21 15 Thai Farmers Bank f 1 Public Company Limited Head Office: 1 Thai Fanners Lane. Ratburana Road. Bangkok *****. Thailand Balance Sheets AS AT DECEMBER 31. 1998. 1997 Consolidated The Bank Consolidated Tha Bank 1998 1998 1997 1996 1998 1997 ASSETS Baht Baht Baht UABIUTIES AND SHAREHOLDERS' EQUITY Baht Baht Baht1,669 words
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Page 16 Advertisements
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Advertisement136 1999-12-21 16 This announcement does not constitute an offer or invitation to any person to subscribe for or purchase any of the securities described herein, nor is it calculated to invite, nor does it permit the making of, offers for such securities. The issue was fully subscribed for on 9th December, 1999136 words
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Advertisement11 1999-12-21 16 11 DAYS UanheZaobao mm "10fc5c *1*8" I I fe, 50* HaH11 words
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Advertisement89 1999-12-21 16 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong .■Bahamas Samoa Full nominee, management, corporate secretarial and "professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For89 words
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FINANCE & commodities
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284 1999-12-21 17 Daphne Tay, Jardine Fleming - SGZ Derivatives TnMa&Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market closed marginally lower yesterday after pruning a good part of its intra-day losses, notably towards the close. The turnaround was large ly attributable to late buying of banking issues.284 words
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217 1999-12-21 17 Matthew DenBleyker Refco Singapore - MS& Taiwan fixtures Matthew DenBleyker Refco Singapore SIMEX MSCI Taiwan Stock Index Futures yesterday dropped 1.9 points or 0.54 per cent to 351.2 while the underlying MSCI cash index pulled back 2.19 points or 0.62 per cent to 349.03. Electronics shares such as217 words
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Article210 1999-12-21 17 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed near a nineyear high as traders await signs that renewed exports from Iraq will be sufficient to prevent further declines in US inventories, which are the lowest since January 1997. Iraq resumed exports of moreBloomberg - 210 words
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Article320 1999-12-21 17 Reuters New York EUROPE'S single currency inched higher at the start of US trading yesterday after dealers failed to plunge it below dollar parity overnight. The euro started New York trading near U551.0092, up from Friday's closing level of U551.0079, but it soon lost ground again as volumesReuters - 320 words
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Article, Illustration1248 1999-12-21 17 DITBRBAltE CROSS RATES •><, A$ CS Rmb Euro Ffr Dm HK$ Ind Us Bupiah Yen Won tM HZ$ Pak Us Hm S$ »and Sff WT$ UM Powiri US$ Australia 0.949 6.178 0.635 4.166 1.242 4.987 27.908 45.46® 0.660 7.249 2.439 1.268 33.267 26.047 1074 1937 1 017 20.318 24.367 01,248 words
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Article1894 1999-12-21 17 SICOM FUTURES Dec 20 RUBBER (futures closing as at S.30*m) RSS1 CONTRACT(Scents/kg) Close Volume Open Month Hjjqh Low Sott (ton*—) Interest Jan 00 107.25 Fefc 00 108.75 600 Mar 00 m.75 100 Apr/Jun 00 118.25 RSS 3 CONTRACT (US cents/Kg) Volume OpM Month Hfcjh Low Sett (tonnes) Interest Jan 001,894 words
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STOCKS east asia
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Article, Illustration2852 1999-12-21 18 HONGKONG Reuters FlffanttSfflrt 4-***** HONGKONG'S blue-chip index defied gravity yesterday, led upwards by a handful of key stocks despite predictions that it would trade sideways on dwindling turnover and US interest rate concerns. The blue-chip Hang Seng Index rose 226.04Reuters - 2,852 words
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Article330 1999-12-21 18 AFP Q VP Index -14J3 TAIWAN share prices closed 0.2 per cent lower yesterday in thin trade as investors took to the sidelines, dealers said. The Taiwan Stock Exchange Weighted Price Index eased 14.93 points to 7,782.94 on turnover of NT$9O.5 billion. "Investors are reluctant to trade as turnoverAFP - 330 words
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2033 1999-12-21 18 TOKYO AFP 80 37 SHARE prices in Tokyo closed 0.4 per cent higher yesterday, as the yen's retreat in foreign exchange trading encouraged investors to buy export issues, brokers said. The Nikkei average of 225 selected issues rose 00.37 points to finish at 18,175.49. TheAFP - 2,033 words
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Page 18 Advertisements
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Advertisement69 1999-12-21 18 the paper that made ILNm 4 11 L 1 J I I I I-J 1 I 1 I .i I rl J k I I (Mm markets ware closed yesterday BUY* SELL* FIND* H Classified ads are purr...feet for finding lost little kittens. No matter what it is, you can69 words
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STOCKS klse
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Article8967 1999-12-21 19 INDUSTRIALS Cmsmmt predicts 1999 Last Vol Day Net Cap High Low Company Sale "OOO Hlgll L— P/K 440 255 Ajinomoto 302 19.2 122* 174 46 Angkasa 90 -3 16 92 90 OM 404 220 Apollo Food Hlg 340 10 to 340 330 8.1 136.0 294 115 Berjaya Land 172 38,967 words
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Article, Illustration423 1999-12-21 19 AFP. AFX-Asia Q Composite Index +9.48 MALAYSIAN share prices closed 1.2 per cent higher yesterday on window-dressing by funds before year-end book closures, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 9.48 points at 787.74 and the Second Board Index gained 4.68AFP.; AFX-Asia - 423 words
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Page 19 Advertisements
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SGX clob & regional stocks
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Article2652 1999-12-21 20 BONDS A WARRANTS Dec 20 M fnb i, «r, U M laat M tar UalBasIa t<« HMD turn Urn Cm*) MM ««k Las Mm Cmmm Ml Mr- fMM «M tm mm MM Mm MM Mm m MM UA 104 7o.S S 3160 *Acar ******1 USJ 40 unch 110 40 402,652 words
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Article, Illustration789 1999-12-21 20 AFP H SET Index *im THAI shares closed sharply higher yesterday, gaining 2.6 per cent on the release of favourable indicators suggesting that Thailand is sustaining its economic recovery, dealers said. Heavy trade in finance and banks helped push the Stock Exchange of Thailand Index up 11.31 points toAFP - 789 words
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Article294 1999-12-21 20 AFP Q Manila +3X51 PHILIPPINE share prices closed 1.7 per cent higher yesterday as investors bought heavily into blue chips, brokers said. The benchmark Philippine Stock Exchange Composite Index added 33.51 points to close the day at 2,031.39.— AFP New Hm *f fWW MftC Allied 0*5 0.02 10 AbacusAFP - 294 words
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Article, Illustration708 1999-12-21 20 AFP rl Composite Index +714 INDONESIAN share prices closed up 1.1 per cent yesterday on a late wave of windowdressing, but volumes remained thin as players took to the sidelines ahead of the holidays, dealers said. "In general, the market was very quiet today. But I think certain partiesAFP - 708 words
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Article264 1999-12-21 20 AFP Q Wellington +3107 NEW Zealand's share market surged 1.5 per cent yesterday with the forest and paper sector leading the charge in an unusually strong performance, dealers said. The NZSE-40 Capital Index rose 33.07 points to 2,224.46 with a solid turnover of NZ$129 million. -AFP IkW U1 900)AFP - 264 words
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Article567 1999-12-21 20 AFP PAllOrdtniriei -0.7 AUSTRALIAN shares closed marginally lower yesterday as a lacklustre industrial sector countered buoyant resource stocks, brokers said. The benchmark All Ordinaries Index finished 0.7 of a point lower at 3,137.40. The All Resources rose 13.8 points to 1,419.30, while the All Industrials lost 12.1 points toAFP - 567 words
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Article304 1999-12-21 20 AFP H Composite Indai +17.79 THE Korea Stock Exchange Composite Index yesterday closed up 17.79 points at 967.05. Volume was 254 million shares worth 3.9 trillion won.— AFP H>W An»n S«ml ***** -#90 ■ram Toch 2110 40 Ctntrtl Bank I2H -79 CMUComm *7900 900 OMGwtank MM -290 OMung C*r#AFP - 304 words
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Article9036 1999-12-21 21 MAIN BOARD Transaction date: Dec 20 Of Gf M Wt 52-Wk LmI Vol Day Last Quota Otv Div YM Net Cap Avq wn> Law StNa Clip any Sala COOO> Ht«h Law Buyer Seller C'yr P/e Smil Price MULTI-INDUSTRY 182 17.5 m e 1000 Acma SOe 112 -3 579,036 words
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Page 21 Advertisements
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Advertisement62 1999-12-21 21 JjL*, Multiply your wealth. i^r m/ M jHiThe Equity Investment Account from Citibank. wi JHn yj JVM Gives you credit to invest in shares and interest on your positive balance. flP# What better way to multiply your money? jCall 339 7126 to open an account today Or visit our website62 words
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Page 22 Advertisements
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Advertisement375 1999-12-21 22 Where to wine, dine and entertain... Offering the lowest interest rate in town 290 ***** CLUB 5 CLUB 5 two Christmas Eve Christmas Eve Ist drink at $33 per person Ist drink at 330 per person ot $42 inclusive of supper at or $36 inclusive of supper at Cafe Plaza.375 words
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Advertisement30 1999-12-21 22 M A Hi Christmas Miomf 25 December 1999 11am to 3pm Mandarin Ballroom (6th floor, South Tower) •pr yf Adult 553 nett Child under 10 years 532 nett Reservations: 831-628830 words
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Page 22 Miscellaneous
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Miscellaneous599 1999-12-21 22 TVF.ICT PNttliMM•••• MW&T* Slayer: The Wish. korWat (Isistep). 4.02 Potret. 3.00 MNFreddleStarr Fta 6.00 JM Khas Rarriadan. 5.00 LOO ovle LOO PM Response TV. WaktU 730 gSt r Man VOr,d 9 Str n and Cindy Preston. n vannan K1 8 I'U DiskuslO; 8 800 planL't 8 n TUeSd TK S:599 words
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Miscellaneous220 1999-12-21 22 CRVPTIC CROSSWORD ACROSS 5 Hector in time may well become 1 A fighting man holds with fruit be- It 1 sha pe (7) ing provided (9) 6 Prepared to create a scene (9) 9 About to amalgamate in decline 7 woman will fill cracked food(g) containers naturally (9) 10 Waving220 words
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SHIPPING TIMES
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Article174 1999-12-21 23 Bridge News, Reuters EASIER conditions were reported on Friday's drycargo freight market for capers and panamaxes in a quiet pre-holiday session, brokers said. The Baltic Dry Index fell six points to 1,343, the Baltic Panamax Index lost eight points to 1,234, the Baltic Capesize Index slumped 13 pointsBridge News,; Reuters - 174 words
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Article297 1999-12-21 23 SES *000 ImM 1S ftt CWT Distribution 1.22 -0.02 7 Chuan Hup 0.40 -0.01 8945 Cosco investment 1.14 unch 77 Freight Links 0.28 -0.01 256 CB Holdings 0.85 -0.01 14 Hai Sun Hup_ 0.79 -0.02 610 IMC Holdings-HK 5.60 unch 0 Jaya Hotdinqs 1.13 -0.02 145 Jurong Shipyard297 words
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Article, Illustration393 1999-12-21 23 Marcus Hand - The six partners will together control 9% of global market Ky] Marcus Hand [SINGAPORE] Mainboardlisted Osprey Maritime has joined with five other leading shipowners in forming a very large crude carrier (VLCC) "pool" that will control 9 per cent of the global market.393 words
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Article, Illustration267 1999-12-21 23 [SlNGAPOßE] French Environment Minister Dominique Voynet has called for a tightening of maritime regulations and criticised profithungry shipping operations in the wake of the pollution caused by the sinking of a tanker off the French coast. The Maltese registered 25-year-old Erika, owned by Ital-ian-based PanshipAFP - 267 words
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337 1999-12-21 23 Rajendra Bajpai - Proposal to dredge channel between the two countries may threaten marine life From Rajendra Bajpai in Sew Delhi SRI LANKA has opposed an Indian government move to cut the sea route between India's eastern and western coasts shorter by dredging a channel that divides337 words
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ERIKA oil slick
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Article, Illustration723 1999-12-21 24 Last week's breaking of the Erika off the French coast has left oil slicks threatening the marine ecosystem AFP [BRKST, France) THE oil slick from the tanker Erika which sank several days ago is threatening the marine ecosystem, according to French marine biologists.AFP; FILE PHOTO - 723 words
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Article202 1999-12-21 24 PAGE Delmas 4 ACL 6 Lk)y<) 8 mi. 3 Dongnama 3 Accord 8 ECl 4 Appenshtp 5 ECU Line 6 Austral 8 Evergreen 6 BalaiiShpq 5 FoongSun 8 BSA 7 G Link 4 Btang Mas 8 Cemartrans 6 CCNI 7 Hangli 7 CMA 8 Hanjin 3 COSCO202 words
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Article17564 1999-12-21 31 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 05/01 31/01 COSCO EVER GENTLE 0007W 65 £*****0 To ABU DHABI (AUH) 2004 U. A. Emirates 05/01 31/01 Evergreen e. gentle17,564 words
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SHIPS IN PORT
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Article739 1999-12-21 35 Vessel Voy No Berth Arrival Departure at R8 2598 1799 '"""''Si 20/12/8:30 20/12/17:00 Haimdah 25*99 J19 20/12/7:55 20/12/23:00 Global Asia 379/99 J04 20/12/7:45 23/12/17:00 C Progress 20-0C! J09 20/12/8:25 20/12/15 00 Barbet Arrow II JI4 20/12/9:20 21/12/12 00 Bt Putra Ban ***** J01 20/12/10:30 20/12/23:59 Oceanworld 2399 J13739 words
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Article2037 1999-12-21 35 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CAR60 Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ACI JAM KS 20/23:30 2* (VI700 20/0*51 20/0900 2t If/1700 20/0*59 20/0400 J 20/0700 20/1159 20/M00 ANOA 99J05 22/8 00 2A N/1700 20/0659 20/0*00 29 If/1700 20/0659 20/0900 20/0700 20/IIM2,037 words
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Article218 1999-12-21 35 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. D«o 20 Australia: Boxing Day. Canada: Boxing Day. Denmark: Boxing218 words
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Article795 1999-12-21 35 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket Prices shown are based on average sized stem. Market movements are indi cated The Cockett Bunker Price Index795 words
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Article559 1999-12-21 35 Carbon 180 Mi 992.1 2.3 16.1 0.11 79 0.09 Ok 16 Density *M«r IkMm As* Aluminium Sediment No above £25 6 1 19 1 0 0 380 Ave 964.3 0.5 12.4 0.06 31 0.02 380 M« 990.7 14 ISJ 0.06 67 0.04 Kt/ITj u/u m/m rf*559 words
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AIR & LAND transport
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Article, Illustration315 1999-12-21 36 Increase due to strong demand as a result of Asia's economic recovery Xinhua [HONGKONG] Hongkong Airport Authority (HKAA) said the November figures for air cargo throughput indicate a healthy increase over the same period last year, while the number of passengers also continued toXinhua; FILE PHOTO - 315 words
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277 1999-12-21 36 1.289 billion yn&n expansion project to be completed by 2002 Xinhua [BEIJING] Plans for an expansion of Xi'an Xianyang International Airport have been approved by the Shaanxi provincial government and the State Civil Aviation Administration, reported yesterday's China Daily. The newspaper quoted an airportXinhua - 277 words
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208 1999-12-21 36 Bloomberg (AMSTERDAM] KLM Royal Dutch Airlines and Alitalia said they are in talks to add Air Europa, Spain's biggest privately owned airline, to their European alliance. KLM, Alitalia and Air Europa said they signed a letter of intent that will allow them toBloomberg - 208 words
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Article, Illustration410 1999-12-21 36 It is seeking to tie up with major airline, lease freighter aircraft Reuters {PUNE, INDIA) State-run Air India is looking at various measures to substantially boost its cargo capacity, including a tie-up with a major airline and the leasing of freighter aircraft, a seniorReuters; FILE PHOTO - 410 words
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145 1999-12-21 36 Reuters [WELLINGTON] Air New Zealand said yesterday it had filed jointly with United Airlines for anti-trust protection in the United States. "Anti-trust immunity will enable United Airlines and Air New Zealand to strengthen their alliance relationship and offer even more benefits andReuters - 145 words
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LOG Book
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65 1999-12-21 36 Reuters [SINGAPORE] Indonesian carrier Bouraq Airlines resumed flying out of Singapore's Changi Airport yesterday, about one-and-a-half year* after suspending flights during a regional economic crisis, a Singapore civil aviation authority spokeswoman said. Bouraq flies to 15 destinations and will restart its daily non-stop service betweenReuters - 65 words
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93 1999-12-21 36 Bloomberg [SYDNEY] An sett Holdings Ltd, Australia's No 2 ranked airline, said it has no plans to start a low-cost airline to compete with Virgin Holdings pic's planned Virgin Australia airline, the Australian Financial Review said. In a memo to employees, chief executive RodBloomberg - 93 words
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94 1999-12-21 36 Reuters [DHAKA] Bangladesh Biman Airlines, the country's flag carrier, received one DC-10-30 aircraft on lease to expand its fleet ahead of the Ha] pilgrimage to Saudi Arabia early next year, civil aviation officials said. "International flight lessor Pegasus of Canada supplied the DC-10 toReuters - 94 words
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Article1836 1999-12-21 36 cry maw ro man no of6 »4o so2oo8 2359 AMM* IA7381 1930 8A7382 20S0 FukuoU S098S 1540 S0990 0125 0f81 1930 0f82 2050 GM««zlmi S0803 1910 C2354 0910 >1™ 2045 $0804 1015 «o«o H"* 741 BIO **740 1410 t gg. VW0743 1925 AmjtenlM ****** 0525 6*9741,836 words
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Page 23 Advertisements
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Advertisement416 1999-12-21 23 People Swisscargo, the airfreight arm of Swissair, has appointed Jann Flsch as executive vice-president, market and sales, IW effective Mar 1, 2000. Mr Fisch, 33, who joined SAirGroup in 1993, was responsible for sales and marketing in Swissair Route Management's northern and Eastern European region, and had acted as head416 words
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Page 24 Advertisements
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Advertisement749 1999-12-21 24 I IMPORT I I NORTH AMERICA I I QULF/INDIAN SUB-CONTINCNT 1 ISUPER SHUTTLE EXPRESS (SSX) [GULF KARACHI EXPRESS (QKX) VtSStL VOY tG« n]Mto Vissa I VOY I DMN I OAN I KWT JEA MO CM jpKLANG SM 00(1 36W54 0, TTTTT"T777T"TTTTT""TTTTZ CKXI BRITAIN 29W549 00/12 26/12 20/12 NYK VIRGO .81749 words
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Advertisement778 1999-12-21 24 jßjßk ft Members ol the Singapore Freight Forwarders Association Lines services represented lllrwl b V Members of the Registry of Accredited Shipping Agents, Spore National Shipping Assoc P q LILY LINE MALE I VESSEL VOY ETA Tlw Tlw P. KIAMC SPORE MALE Princess Lily V 1199 19/12 23/12 30/12 Empress778 words
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Page 25 Advertisements
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Advertisement1112 1999-12-21 25 SAX SERVICE (DIRECT) VESSa VOY Situ LAX OAK Mi HOU 01 OX MB* <H WTC APIGAtttT Ol6t 15/12 30/1? 04/01 04/01 04/01 04/01 04/01 04/01 05/01 05/01 AfISHNB 016£ 22/12 06/01 11/01 11/01 11/01 11/01 11/01 11/01 12/01 12/01 AftSABOOHYX 0)7! 05/01 20/01 25/01 25/01 25/01 25/01 25/01 25/01 26/011,112 words
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Advertisement1976 1999-12-21 25 ®HANJIN SHIPPING iik FI IfcMyrlw -Sate *****30 HANJIN SHIPPING (S) PTI ITO top //wm, to*. a» KXKING *****3S 737 SAUS *****74 731 DOCUMENT *****71 774 OTtUnONS *****50 251 MAW LIME *****55 HI 777W0 aNO **********0 M TO NW USA CANADA USA CANADA* RM VSI/VOY I OAM I SM UNIHAII/VOY SU1,976 words
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Advertisement76 1999-12-21 25 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONO FOR ENQUIRIES, PLEASE CALL 220 8558 vffi* WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73/*****63 Email: wgate@mbox2.singnetcom.sg Cnfriittn port louis 23/12 Karachi colom bo 28/12 KARACHI/LAHORE 23/12 Bombay MnlMadras BOMBAY 24/12~| MADRAS/BANGALORE 28/12 CALCUTTA 23/12 CHfTTAOONG 23/12 Port Louis76 words
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Page 26 Advertisements
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Advertisement1430 1999-12-21 26 DSR-SENATOR UNES TO UK/CONTINENT TO MEPnTORANEAMCANADA ttssa »oy si 1a htm mm ham mv fu vtssti voy *saT ax m fos m.c urn POTSOAM 0003W 1312 04 01 05 01 02 01 03 01 Br CHCYWIG MCCBS 0041W 1712 03(1 05*1 07 01 00 01 1101 HMUM COLOMBO 0034W 13121,430 words
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Advertisement940 1999-12-21 26 ■lU MAC-NELS S*Pofte M'SIA Uk~/\ Carrier MM CONTR LINES, INC p.guoang .(otjjbbstts [~\W J CWNftlWirwimiM SIBU: (064) *****9 MAMLA: (632)*****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P KELAHG: (03) *****77 JKT: (21) *****45 KUCHiNG (082) *****1-3 HO CHI MINH PORT KELANG MV "CONSISTENCE" V.981 MV "MED TAICHUNG"940 words
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Advertisement608 1999-12-21 26 WWFSI EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO S PORE N SMfVA COLOMBO PKIANG CAPF CANAVERAL V 116W 27 DEC OS MM M JAM IS JAN TULSIOAS V.III 02 JAN 12 JAN 11 JAN 22 JAN TARPON SILVER VID9W 10 JAN 11 JAN 23 JAN 20 JAN CAPf CANAVERAL V II7W II608 words
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Page 27 Advertisements
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Advertisement1772 1999-12-21 27 [vessel voy khh hkg sin PKO PQg DXB pmm ba bik IRAN TEYFOORI PCL-133 19/12 17/12 21/12 22/12 31/12 01/01 02/01 04/01 06/01 IRAN SHAHRYAR PCL-134 22/12 24/12 28/12 29/12 07/01 08/01 00/01 11/01 13/01 IRAN BAABAEI PCL-135 29/12 31/12 04/01 08/01 14/01 18/01 18/01 18/01 20/01 IRAN SEESTAN PCL-1361,772 words
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Advertisement1191 1999-12-21 27 W.E.F. 20 DEC 99 EVERY MONDAY 1 TO LONGDEACN -19 DAYS I TO OAKIAHD 11 DAYS J I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD IB: 2M IfM FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAR SNIPPING PTE LTD #12-00 SAUS/BKGS 4205*57/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M)1,191 words
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Advertisement805 1999-12-21 27 expott import watt vot swim m «i mi wv M visa Ivor 1 m |mm m iff i llEilllllllililiiMlliMift norms (mcocs to t no* n nw NEanuvm. mncam, st it— via HMD mwv vu m TRANSPACIFIC S€*VlCt EXPORT tu■■» hi■*a/ii-ODBUsmiT/icmamMwrno«n/ii| IMPORT VBSE I VOT ISM 1 ICT 1 nAM IjtawWtOMMaßlOtliyMW-805 words
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Page 28 Advertisements
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Advertisement1383 1999-12-21 28 EUROPEAJK/BCANDIMAVWHWLAIIMttJSBtA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E DIAMOND RW-011 25/12 13/01 19/01 15/01 17/01 IS/01 H/01 E ROYAL RE 045 02/12 04/12 03/12 15/12 17/12 20/12 27/12 E DELUXE RW-013 01/01 20/01 26/01 22/01 24/01 25/01 26.U1 E. REACH RE 0261,383 words
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