The Business Times, 23 December 1999
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1999-12-23
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The Business Times
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Title Section14 1999-12-23 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE THURSDAY, DECEMBER 23,1999 Internet: http://business-times.asial .com.sg/14 words
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Article63 1999-12-23 1 Dsn 238X66 (+21.08) BT-SRI ***** (+9.35) SIMSCI FUTURES 33L50 (+3.60) STOCK MARKET INDICES Wednesday Change KLSE COMP 787J t -129 NIKKEI 18,***** +***** HANG SENG 16,192.40 4614 SET INDEX 458.43 +1350 JAKARTA COMP 661.06 +4.16 MANILA COMP 2.062.81 +27.84 TAIPEI WP! 8,002.76 +68.50 SEOUL COMP 967.83 +9.03 CLSA63 words
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Article82 1999-12-23 1 FOREX RATES uss s$ IJSS 1.666 £{l!S$/S$ per 1.612 2.686 El'RO(liS$/S$/E) 1.010 1.683 DM 1.937 0.860 YEN 102.1 1.632 RM 3.800 0.438 HKS 7.772 0214 BAHT 37.55 0.044 RUPIAH 7.090 0.023 'Stto loo units St to 100 units PRIME BATES SINGAPORE* 5.80 KUALA Ll'MPTR 7.25 JAKARTA 40.00 BANGKOK 1082 words
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551 1999-12-23 1 Kalpana Rashiwala - |:ii exclusive I Govt to resume 99-year residential site sales on Jan 5, say sources By Kalpana Rashiwala [SINGAPORE] Property giant Far East Organization is poised to come out of hibernation when the government resumes sales of 99-year residential sites on Jan551 words
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282 1999-12-23 1 Audrey Tan - Way paved for product distribution to the States By Audrey Tan [SINGAPORE] The Singapore International Monetary Exchange (Simex) has gained approval from the US Commodity Futures Trading Commission (CFTC) to offer its electronic trading system in the US, a development which282 words
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Article, Illustration728 1999-12-23 1 Jennifer Lien - Restructuring plan for its debts expected by Q1 next year nth Jennifer Lien [SINGAPORE] Thakral Corp has continued to bleed, announcing yesterday a $100.6 million bottom-line loss for the six months to Sept 30. In the preceding 12 months, it lost a total of $232 million.CHRIS LOH - 728 words
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Page 1 Advertisements
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Advertisement107 1999-12-23 1 INSIDE SIA-Virgin tie-up Global airline alliances and Australia's airline industry thrown into turmoil. Page 4 SIA shares hit record high. Page 4 J iUjpT y J Richard Branson has never been short of ideas. What his detractors expected and occasionally hoped was that he would run short of cash. He107 words
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Advertisement19 1999-12-23 1 she r Singapore's chairman Simon Lam m is no fan of management by numbers Legal brief for Clob investors19 words
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Advertisement47 1999-12-23 1 K&V& HOTELS W■ ,4f V v/V decked with HOPE ■-X' HOLLY M H a4/?s//j m ißP®^ i> \/fIW j The movement 65/737 64 Fax 65/235 82 00. shops: The Centrepoint. Paragon For more Chopard Asia Pte Lid. Boulevard. 38-02 A *****7. Tel. 65/333 0801. Fax 65/333 0803.47 words
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NEXT page
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Article, Illustration633 1999-12-23 2 Andrea Tan - PEOPLE Singer/composer defends the use of Singlish in the media By< Andrea Tan DICK LEE is disgusted. And the man who gave Singapore hit musicals such as Fried Rice Paradise and Beauty World is making no bones about it. Taking a broadside at attempts to curb633 words
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Article1231 1999-12-23 2 Malaysian Central Depository Sdn Bhd - The Central Depository (Pte) Ltd recently circulated to all investors of Malaysian Clob shares an information sheet which addresses the concern over whether the Malaysian Central Depository Sdn Bhd will renew and extend the CDP's authorised nominee status after Dec 31,1999, if the Clob issue1,231 words
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ON THE grapevine
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Article124 1999-12-23 2 HERE'S the scoop for the reason behind the current surge in DBS Bank's share price. It has absolutely nothing to do with what all those clever analysts in town are saying. In fact, the answer popped up right before our very nose, in the form124 words
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Article60 1999-12-23 2 WITH the Stock Exchange ofSingapore(SES) having given way to the Singapore Exchange (SGX), isn't it about time someone removed the 'SES' in front of the sectoral indexes which carry these prefixes? But we see one problem though how would we pronounce the now pronounceable UOB Sesdaq if it60 words
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Article50 1999-12-23 2 APPLE Computer has launched its "Movie of Hollywood" competition where movie-making buffs stand to win attractive prizes. Up for grabs are Sony digital video camcorders, iMac DV (digital video) computers and tickets to Warner Bros Movie World in Australia. For more information, visit: www.asia.apple.com/hollywoodmagic.50 words
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Page 2 Advertisements
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Advertisement112 1999-12-23 2 /I pr gSSSmdmS*^? "I >f-"" ,l iiml You n e v e r PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it fh#— for the next generation. Begin your own tradition In exclasivity at 0 Sculpture watch-ref 5091/IJ Cortina Watch Centre Available at SINGAPORE Cortina Watch112 words
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SINGAPORE companies
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401 1999-12-23 3 Ven Sreenivasan - Stock has tumbled 26% this week and some analysts see farther downside By Ven Sreenivasan THE stock of motoring giant Cycle Carriage slided for the third consecutive day, following last Friday's announcement that it was losing its Mercedes Benz wholesale business to401 words
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232 1999-12-23 3 SESDAQ-LISTED Asia Medic has launched an online healthcare portal, HealthWho.com, which is a 60-40 joint venture with Internet services company ASPOnline. With an initial paid-up capital of $3 million, the e-commerce, information and communications portal will provide a range of medicalrelated services to medical professionals232 words
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283 1999-12-23 3 Marissa Chew - Ky\ Marissa Chew A CONSORTIUM which includes construction and engineering group Econ International has won a U5525.4 million ($42.3 million) contract to carry out civil and building works for The German Centre in Mexico City. The project will be undertaken by283 words
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COMPANY Briefs
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85 1999-12-23 5 THE Singapore Exchange has asked Inno-Pacific Holdings to furnish more information on its announcement that it now owns 50 per cent of Sawyer Falls Co (SFC) after Demaga Ringkasan Trading failed to repay $7.5 million it owed Inno-Pac. The SGX wanted details on85 words
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45 1999-12-23 5 A SEMBCORP Industries tie-up has won a $139.5 million contract to build Singapore's first deep tunnel sewerage system. The tie-up with Philipp Holzmann, through subsidiary Sembawang Construction, beat 11 other bids for the tender from the Ministry of the Environment.45 words
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46 1999-12-23 5 TEAMSPHERE Ltd has secured an option for $200,000 to buy 70.4 per cent of Fine Components or 3.55 million shares for $2.3 million or 65 cents per share. Fine Components makes parts for the production of disk drives and automobiles.46 words
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Article70 1999-12-23 5 DBS Bank and FJ Benjamin (FJB) Holdings have agreed to use the DigiCarD, FJB's media storage product, to market Ideal, DBS' cash management platform. DBS will start mailing the DigiCarD to some of its corporate clients later this month. FJB expects to sell at least70 words
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183 1999-12-23 5 ENGINEERING firm L&M Group Investments, which is exploring Internet ventures, yesterday announced a placement of new shares to raise $9.3 million. L&M will place out 9.25 million shares at $1.0062 each to Bambang Sukmonohadi. The shares represents 4.9 per cent of the group's183 words
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874 1999-12-23 5 jennifer lien - HocKfm'^um jennifer lien MATSTEEL Electronics (NEL) has recently been the subject of a small controversy over disclosure. In a letter to BT published on Nov 30, reader Lewis Tan asked if NEL had been giving out too much contradictory information between September and874 words
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Article, Illustration438 1999-12-23 5 Teh Hooi Ling - It plans to review business strategy; half-time turnover np 17% By' Teh Hooi Ling LUXURY watch manufacturer and retailer The Hour Glass has sunk deeper into the red with losses of $7.1 million at half-time compared with $4.9 million last year.438 words
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311 1999-12-23 5 Wong Wei Kong - Wong Wei Kong SOLID growth in China and Japan helped boost GPE Industries' earnings by 16 per cent for the half-year ended September, the automotive audio equipment maker said yesterday. Net profit for the period rose to $8.59 million from311 words
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Page 3 Advertisements
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Advertisement462 1999-12-23 3 I 5 1 I g 7? m Introducing the most comprehensive website on Greater China's financial markets., uiiijiu.cliinaiiieb.com wiM M'wu'i na Now China presents its next resource is destined to become a virtual financial suinihiaitwnv* i*h breakthrough: ChinaWeb.com-a new community. Recent political and commercial developments English and Chinese language website462 words
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SIA virgin marriage
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Article, Illustration601 1999-12-23 4 Australia's airline industry in particular is expected to be hard hit as the tie-up will put pressure on the two main players in the domestic market AFP [SYDNEY] ANEW pact between Richard Branson's Virgin Group and Singapore Airlines (SIA) has thrown global airline alliances andAFP; FILE PHOTO - 601 words
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493 1999-12-23 4 Conrad Raj - i Conrad Raj SINGAPORE Airlines' shares closed at a record high of $18.70 a share after hitting $18.80 as investors continued to be carried by the euphoria of the national carrier's landmark deal to buy a 49 per cent stake493 words
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Article, Illustration1116 1999-12-23 4 Branson shows his mettle again FT [LONDON] Richard Branson has flown out to join his family on the Caribbean island of Necker, hundreds of millions of pounds richer and with the satisfaction of having confounded the sceptics once again. For most of the British public and particularly the young MrFT - 1,116 words
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Page 5 Advertisements
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Advertisement292 1999-12-23 5 IS Self-Assessment and Field Audit Seminar 2.00 pm 5.00 pm, Friday 21 January 2000, Sheraton Towers Singapore Increasingly, more jurisdictions are moving towards a corporate tax selfassessment regime, including Singapore and Malaysia. Self-assessment places considerable onus on corporate taxpayers to ensure that the necessary documents are in order and accessible292 words
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SINGAPORE markets
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Article528 1999-12-23 6 Stocks Volume OUB CL eCWOOl 215 29.533.000 SIA CL eCW*****8 21,698,000 MediaRing 10c 13,226.000 MIT 10c 9.978,000 L&M 50c 8,965,000 OCBC DB eCWOOl 117 8,790,000 Econ WtOO 8.738.000 Benefun HK10c 7,946,000 Asia Food&Prop 6,507,000 Asiamedic 5c 6.271.000 Stocks S SIA 71.631.714 PacificCentury 66,668,918 DBS Grp 38.276,819 MediaRing 10c 19,523,556 OUB528 words
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Article, Illustration549 1999-12-23 6 ven sreenivasan - I-I I comment STOCKS ven sreenivasan SING A PORK stocks rose for the first time this week following the US Federal Reserve Open Market Committee's decision to hold interest rates steady and maintain a neutral bias on monetary policy. The Straits Times549 words
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Article, Illustration187 1999-12-23 6 Ven Sreenivasan - WARRANT WATCH By Ven Sreenivasan COSCO Investment, the Singapore-listed arm of China's biggest shipping company Cosco, has been languishing in recent weeks after rising sharply in the middle of last month following China's signing of a key World Trade Organization deal.187 words
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Article, Illustration261 1999-12-23 6 Wong Wei Kong - HOT STOCK Wong Wei Kong SHARES of L&M Group Investments were back in the spotlight yesterday, rising in brisk trading to end among the session's most actively traded stocks. L&M shares rose 8 cents or 7.7 per cent to $1.12 with 8.97 million shares traded,261 words
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526 1999-12-23 6 Reuters [LONDON] The yen soared towards historic peaks against the euro and fouryear highs against the dollar yesterday, fuelled by expectations of continued global fund flows into Japan next year. The yen's strength was reignited by a powerful 2.1 per cent rallyReuters - 526 words
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Article57 1999-12-23 6 Thursday, Deo 23 Singapore ♦11am. Press briefing on Millennium countdown parties United States Washington: 8.30 am. The Commerce Department reports on personal income and spending for November 8.30 am. The Labor Department releases weekly unemployment claims 2pm. The Federal Reserve releases the minutes from the Federal Open57 words
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Page 6 Advertisements
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Advertisement79 1999-12-23 6 Jofiann Strauss 'Jr's (Die (FCecCermaus Jin operatic comedy sung by a cast of internationally acclaimed artistes. Sung in (i cim a n with I ngl i s h Dialogue and English cV Chine s c Sup e i tlt I e s 28, 29, 30 (December 1999, 8:00pm 31 1999,79 words
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Advertisement22 1999-12-23 6 Toothache 7 See your dentist investment advice? Vou need DBS Investor Online Get the Best Call us at 323-3955 88 DBS BANK22 words
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SINGAPORE news
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Article, Illustration367 1999-12-23 7 Andrea Tan - =W =1 on the economy tourism Byi Andrea Tan BOOSTED by stronger visitor arrivals, Singapore's average hotel occupancy rate jumped to 82.1 per cent in November up 9.7 percentage points compared to a year ago, and the highest in more than two years. TheSource: CEIC and Bloomberg - 367 words
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200 1999-12-23 7 Marissa Chew - By\ Marissa Chew THE owners of Mergui Lodge and Norfolk Mansion in Rangoon Road are joining their neighbours at Mergui Court and Northern Mansion to put their homes up for collective sale. The combined site carries a reserve price of $73 million200 words
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178 1999-12-23 7 Kalpana Rashiwala - By Kalpana Rashiwala BANKER Wee Cho Yaw's pri-vately-held Peak View Properties has bought two adjoining plots that add up to 32,308 sq ft for bungalow redevelopment at Trevose Crescent in Bukit Timah for $17.5 million. The purchase price of the elevated freehold178 words
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345 1999-12-23 7 Eugene Low - Consumer body to submit proposal next year; legislation to protect consumers and businesses By. Eugene Low THE Consumers Association of Singapore (Case), which is submitting its proposal for a Fair Trading Act to the Ministry of Trade and Industry next year, said345 words
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Article131 1999-12-23 7 Narayana Narayana Singapore - MAiuznnHi Narayana Narayana Singapore AS hard-luck stories go, the Keppel group must have some heart-rending tale to tell, far outstripping the usual fishermen's tales of "the one that got away" where the missed catch grows bigger and bigger. As we are all aware, on the first131 words
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Article, Illustration338 1999-12-23 8 Andrew Wee - Group of 44 companies aims to help push e-commerce in Asia liff. Andrew Wee COMMERCENET Singapore (CNSG), a consortium of 44 companies, was launched yesterday to help promote e-commerce in Asia. CNSG comprises nine founding members, including United Overseas Bank, Singapore Post, KPMG and Strategic Technologies PteARTHUR LEE - 338 words
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272 1999-12-23 8 Toh Han Shih - By Toh Han Shih LYCOS Asia, a joint venture between Singapore Telecom and Lycos Inc, has formed partnerships in the Philippines and Malaysia to develop national Internet portals. In the Philippines, Lycos Asia picked the country's largest conglomerate, Ayala Corp, to be272 words
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Page 7 Advertisements
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Advertisement91 1999-12-23 7 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa j Full nomihee, management, corporate secretarial and 'professional administration services are available. I We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified91 words
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Advertisement427 1999-12-23 7 You can email us at btletterQsph. com. sg or fax to us at *****71, or mail your letter to The Business Times, Times House, 390Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number. Professional choice Mike Wong, a Business Development MM MMMM M M Manager,427 words
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Page 8 Advertisements
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Advertisement227 1999-12-23 8 THE BUSINESS TIMES AND MOET CHANDON "Spirit OJ The Century" Award 1 HFHia. m That's right l Three lucky readers will win an exclusive limited Lost 2 cJoVS^ 150 cl commemorative Magnum of Brut Imperial from The House of Moet Chandon A celebration release perfectly timed for the CZoll 1227 words
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Advertisement1358 1999-12-23 8 TODAY©** ft. i uni aim JSflfePg HflS mm f UATIfIIIC To adver,ise caM t°M tree 1800 741 1883 HU 1 lvti3 Fax No 741 1298 MINI MATTUOf tm coanums *a cap. so AW MTHUUTTUOf KWONC TANG (SMGAPOtt) rn in (IN MUUH'S VOCUNIAIT UOUMTION) NOTKI IS HUKIT GIYBI fat tm CtEOnOCS1,358 words
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Page 9 Advertisements
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Advertisement325 1999-12-23 9 The Prince had found the last tycoon in "The Raven", drinking cider with Rosie. He was...well, if not actually disgruntled, he was far from gruntled. "It requires a surgical operation to get a joke well into a Scotch understanding," he grouched. "Journalism is basically people who can't write, interviewing people325 words
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EDITORIAL & opinion
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Article, Illustration789 1999-12-23 10 robert samuelson - pi:i=j I bottom line OPINION robert samuelson The Washington Post Writers Group WHAT 20th-century development most altered the human condition? There is no shortage of candidates: the automobile, antibiotics, the airplane, computers, contraceptives, radio and television, to name a few. But surely the largest advanceThe Washington Post Writers Group - 789 words
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Article100 1999-12-23 10 'We played with words. We didn't call it poverty, it was 'pre-prosperity'. You didn't say corruption. It was 'high-cost economy'. If a minister was caught misusing funds, it wasn't corruption, it was a 'procedural error'.' Bambang Harymurti editor in chief of Tempo, Indonesia's largest-circulation weekly magazine, on100 words
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651 1999-12-23 10 EDITORIAL A STUDY released last week by the Ministry of Manpower (MOM) on staff welfare benefits provided by companies in Singapore makes for sobering reading. Except for generous policies on leave, Singapore companies appear to be out of line with their counterparts in countries651 words
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Article, Illustration1165 1999-12-23 10 Leon Hadar - Continuity in foreign policy is likely under the presidency of anyofthefonr leading By Leon Hadar The writer is BT's Washington correspondent THE accepted wisdom in Washington is that the four presidential front-runners Vice-President A 1 Gore and former senator Bill BradleyFILE PHOTOS - 1,165 words
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Article, Illustration888 1999-12-23 10 AMID China's sabre-rattling over Taiwan and its challenges to Hongkong's autonomy, one small but important spot on the map, Portugal's island enclave of Macau, has almost been lost from sight. At the mouth of the Pearl River, 61km south-west of Hongkong, Macau was Europe's first settlement888 words
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MALAYSIA news
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388 1999-12-23 11 Diana Oon Abdullah - Group working with CDRC to find solution, says Data Tap From Diana Oon Abdullah in Kuala Lumpur MYCOM Berhad, a financial-ly-strapped property, construction, and leisure group, hopes to have a resolution to its debt problems by March next year, and complete a388 words
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Article, Illustration347 1999-12-23 11 KUALA LUMPUR AFP THE eldest son of Malaysian Prime Minister Mahathir Mohamad has settled multimillion dollar lawsuits against two local Chinese newspapers, his lawyer said yesterday. Lawyer R Thayalan said businessman Mirzan Mahathir filed suits claiming 550 million Malaysian ringgit (Ss24l million)AFP; FILE PHOTO - 347 words
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137 1999-12-23 11 MONTREAL Bloomberg TELEGLOBE Inc, Canada's No 1 international long-distance phone company, ruled out buying even a minority stake in Malaysia's Time Telecommunications Bhd, its second such denial this month. The Star, a Kuala Lum-pur-based daily, has reported twice that Teleglobe is considering the purchaseBloomberg - 137 words
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MARKET moves
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Article152 1999-12-23 11 COMPANIES involved in the making of rubber gloves saw a strong surge in their share prices yesterday on expectations of bigger overseas orders, traders said. Latexx Partners Bhd topped the actives list and was one of the biggest gainers with its share price ending 56152 words
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Article76 1999-12-23 11 SHARES of national car distributor Edaran Otomobil Nasional Bhd (EON) surged yesterday after the group confirmed a report that its subsidiary, EON Bank, has sought lead or anchor position by merging with Oriental Bank. EON owns close to 60 per cent of EON Bank.76 words
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82 1999-12-23 11 Ruth Wong - Compiled by Ruth Wong INVESTORS yesterday were still optimistic about Malaysian Oxygen Bhd (MOX) despite a strong run in its share price since early December. MOX rose 25 sen to RM9.75 yesterday. It was below RMB in the first week of December. Earlier this month,82 words
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239 1999-12-23 11 KUALA LUMPUR It has completed final contingency test satisfactorily Reuters MALAYSIA'S power sector is ready to face problems caused by the Year 2000 bug, national electricity utility Tenaga Nasional Bhd said. Tenaga said in a statement issued late on Tuesday that the sector'sReuters - 239 words
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176 1999-12-23 11 KUALA LUMPUR Bloomberg MALAYSIA'S foreign exchange reserves for midDecember rose to its highest in two-and-a-half months, indicating that exports continue to exceed imports. The reserves rose 0.5 per cent to U5530.32 billion (5550.5 billion) on Dec 15, from U5530.16 billion onBloomberg - 176 words
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Page 11 Advertisements
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Advertisement844 1999-12-23 11 GPE Industries Limited I (Incorporated in the Republic of Singapore) J Announcement of Unaudited Interim Results for the Six Months ended 30 September 1999 The Board of Directors of GPE Industries Limited is pleased to announce the unaudited consolidated results of the Group for the six months ended 30 September844 words
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SOUTH east asia
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325 1999-12-23 12 BANGKOK Bloomberg TELECOMASIA Corp pel, Bangkok's largest telephone operator, said restructuring of 61.8 billion baht (552.7 billion) of delinquent debt should be completed by February, after terms of a share sale to Germany's Kreditanstalt fuer Wiederaufbau are set. The company, more than 40 creditors andBloomberg - 325 words
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225 1999-12-23 12 MANILA Bloomberg, Reuters BANK of the Philippine Islands (BPI) said J P Morgan Co sold its 12 per cent stake in the bank, set to become the nation's largest when it completes an acquisition of Far East Bank Trust Co. BPIBloomberg,; Reuters - 225 words
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Article, Illustration653 1999-12-23 12 Shoeb Kagda - They may create largest Internet, cellular phone services provider in Indonesia From l Shoeb Kagda in Jakarta INDONESIA'S Lippo Group, fresh from securing a joint venture with the insurance giant American International Group (AIG), is in talks with Hongkong-based Hutchison Whampoa to createFILE PHOTO - 653 words
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160 1999-12-23 12 MANILA Bloomberg METROPOLITAN Bank Trust Co is prepared to pay a steep premium to maintain its No 1 rank with the 6.7 billion pesos (***** million) offer it made to acquire half of Solidbank Corp, analysts said. Metrobank unit First Metro Investment Corp offeredBloomberg - 160 words
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Page 12 Advertisements
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Advertisement51 1999-12-23 12 Director Eric Khoo's films may well be known to movie buffs at home and around the world. But unlike an actor, al That's why Eric carries the American Express® Card. So now, he will always be sure of instant recognition ncfl Global Assist Worldwide Acceptance Financial Services Worldwide Customer Service51 words
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EAST asia
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363 1999-12-23 13 HONGKONG Bank gets 18% slice of USsB3b M&A pie in Asia outside Japan Bloomberg AIDED by Hongkong's Hutchison Whampoa Ltd which announced four transactions this year, Goldman, Sachs Co was the top adviser on Asian mergers for the second year in aBloomberg - 363 words
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Article, Illustration37 1999-12-23 13 (HONGKONG) Women walking past a Hongkong department store advertising sales of up to 70 per cent yesterday. Retailers hope the Christmas season will boost sales and help Hongkong emerge from the recession. AFPAFP - 37 words
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632 1999-12-23 13 Brian Gomez - Output set to doable in each decade, says new Aussie book FYorri Brian Gomez in Sydney CHINA has the capacity to sustain the rapid growth of the past two decades "for several decades more", with output doubling in each decade, according632 words
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359 1999-12-23 13 HONGKONG Bloomberg FIRST Pacific Co aims to conclude talks with China Unicom next month to end a mobile phone venture in China, paving the way for the sec-ond-biggest Chinese phone company to list in Hongkong and the US next year. FirstBloomberg - 359 words
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Page 13 Advertisements
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Advertisement92 1999-12-23 13 Goldman's profit, Pg 15 I MBPfc--V y -^m~ BHBII^■H k «BHHH lißlflPß' HflWhlul' MMe r^HKK.%iIr l .•.yig^ili^.'Qga^^R^lMßßMraa»ro^M^^^B^^Mgg^^^^^E7 RSBa J«" @B :fe|g^:lllil«iilJMMlWlia[LiraMßßßl^^fc«i^^^^^^^^^^^^^^^^^^^M BlgMB J^Bpli®*,.!i||«B Jnß <; Hf *r i^MHr Ebl^B^v^ .MHiWfWwJßff^w»«W jtnl.|R ihrif 1 jßft^friP iraTi?wT^r^' BHp\ 'I|B^^^B i w%<? t i >; > 5 ffi ~4y"'''/<¥*? v ffs at home92 words
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WORLD news
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654 1999-12-23 14 Andrew Marks - Stock investors like Fed's surprise 'neutral bias 9 bond players expect action at Feb meeting Front Andrew Marks iti Neiv York THE decision by the Federal Reserve Open Market Committee to leave shortterm interests rates unchanged came as no surprise to Wall Street654 words
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470 1999-12-23 14 WASHINGTON Economy on track to show over 4% growth for 3rd year Bloomberg THE US government increased its estimate of the country's economic growth in the third quarter as consumers spent more on services and businesses stockpiled more goods than previouslyBloomberg - 470 words
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248 1999-12-23 14 WELLINGTON AP AN unidentified computer glitch in radar systems grounded planes and stranded thousands of passengers nationwide yesterday, but officials were not putting the blame on an early version of the Y2K computer bug. Airways Corporation air traffic controllers watched in disbelief as vitalAP - 248 words
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Article, Illustration56 1999-12-23 14 [MELBOURNE] Tennis star Mark Philippoussis, who led Australia to a Davis Cup victory, being welcomed by fans yesterday after a motorcade through the city centre. Former Australian Davis Cup team members were also featured in the parade hosted by the city honouring the triumphant team who beatREUTERS - 56 words
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346 1999-12-23 14 FRANKFURT Reuters INFLATION pressures in Europe's largest economy are starting to mount according to German data yesterday which reinforced expectations of an interest rate rise in the first half of 2000. German import prices rose at their highest rate in almost aReuters - 346 words
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491 1999-12-23 15 NEW YORK Results surprise analysts and reflect sharp rebound of financial markets NYT DEMONSTRATING how powerfully financial markets have rebounded in a year, the Goldman Sachs Group on Tuesday posted a record profit last quarter after suffering a slight loss a year earlier,NYT - 491 words
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Article, Illustration406 1999-12-23 15 COLOMBO She pledges to bring peace, issues strong warning to terrorists AFP, Reuters SRI Lankan President Chandrika Kumaratunga was sworn in for a second term yesterday, and coupled a pledge to bring peace with a warning to members and supporters of Tamil separatists.AFP,; Reuters; REUTERS - 406 words
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Article301 1999-12-23 15 LONDON Reuters LEADING reinsurance companies appear to be more comfortable in their outlook on the possible level of Y2K computer bug-related claims than at the mid-year point. But the potential remains for substantial claims. Bruno Porro, chief reinsurance and risk officer at Swiss Re said:Reuters - 301 words
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536 1999-12-23 15 TOKYO Bids for the two counters listed rise to as much as twice initial offer price Bloomberg JAPAN'S first market for Internet start-ups attracted massive demand on its first day of trading, with the two companies that listed being bid up theirBloomberg - 536 words
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Page 14 Advertisements
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Advertisement1814 1999-12-23 14 THAKRAL CORPORATION LTD I RS9I] (Incorporated in the Republic of Singapore) vH/ ANNOUNCEMENT The Board of Directors is pleased to announce the following unaudited results for the Group and the Company for the si* months ended 30 September 1999 together with comparative figures for the corresponding period in 1998 as1,814 words
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Page 15 Advertisements
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Advertisement26 1999-12-23 15 mm IS Ig TTrs u Kodak Outdoor Single The Timberland 0 store: Centrepoint Marina Square Ngee Ann City Shop-in-shop: Isetan Scoffs Sogo Raffles Cify Takashimaya Tangs26 words
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Advertisement478 1999-12-23 15 Count to ten, backwards New Year's Eve Buffet JW Capture your last meal for 1999 jBHK^ on film for keepsake. Buffet Dinner $200.00 per couple plus novelties and half a bottle of champagne. Live entertainment. Cafe Georges, to 1 1.00 pm S—- 'S Cool Future High voltage alcoholic X, cocktail478 words
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FINANCE & commodities
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290 1999-12-23 16 Daphne Tay, Jardine Fleming - SGX Derivatives fadingßeports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market finished higher yesterday after the US Federal Open Market Committee left interest rates unchanged, maintaining its neutral stance. Singapore Airlines' share price continued to fly, rising another 5.06 per290 words
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Article213 1999-12-23 16 Matthew DenBleyker Refco Singapore - MSCI Taiwan futures Matthew DenBleyker Refco Singapore SIMEX MSCI Taiwan Index Futures yesterday rose 3.7 points, or 1.03 per cent, to 361.5 while the underlying MSCI cash index gained 5.13 points, or 1.44 per cent, to 361.15. Electronics shares gained on Nasdaq's overnight record213 words
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192 1999-12-23 16 ENERGY REPORT Reuters [LONDON] Oil prices drifted further off recent highs yesterday following a smaller-than-expected decline in crude stockpiles in the United States, the world's biggest energy market. Benchmark Brent crude for February was four US cents lower at U5525.25 per barrel. TheReuters - 192 words
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255 1999-12-23 16 Bloomberg (LONDON) Platinum rose more than 2 per cent yesterday as traders expected tougher air pollution laws in the US to boost demand for the metal and on uncertainty over when exports will restart from Russia, which accounts for a fifthBloomberg - 255 words
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Article, Illustration1250 1999-12-23 16 MTERBAMK CROSS RATES w C$ »wb E<ro Ffr On HK$ Ind »i lh»ta» Ywi Wow HI HZ% Pali ft Ptso gjjg Sir MT$ MM Hmt g ST trua 0953 iS nS? 12Z iw 5:25 S2E 6M 7304 2453 1249 33.460 26.078 1075 1959 L*****.43* 24.237 0.400 0.645 A,« 0WI 76631,250 words
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Article1884 1999-12-23 16 SICOMPPTURES Dec 22 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS centsAq) Clos* Volume Oh** Month High Low Soft (towns) Interest Jan 00 106.75 Frt 00 108.25 600 •tar 00 IJ1.25 100 Apr/Jun 00 117.75 RSS 3 CONTRACT (US certsAq) Volume Open Month Hfcjh Low Sott (totws) hrtortst Jan 001,884 words
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STOCKS east asia
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Article, Illustration2847 1999-12-23 17 HONGKONG AFP, AFX-Asia §yjHangSeng -56.34 HONGKONG share prices fell 0.3 per cent yesterday on late profit-taking from recent gains despite overnight strength on Wall Street, dealers said. Michael Ng, dealing director at Sassoon Securities, blamed the fall on profit-tak-ing due to theAFP,; AFX-Asia - 2,847 words
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Article2040 1999-12-23 17 TOKYO AFP Q Nikkei 22S ****** SHARE prices in Tokyo closed 2.1 per cent higher yesterday, led by gains in information technology stocks, brokers said. The Nikkei average of 225 selected issues rallied 381.55 points to finish at 18,461.93, while the broader Topix index ofAFP - 2,040 words
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Article, Illustration1007 1999-12-23 17 Reuters QShenzhenßlndex +0.29 SHENZHEN'S hard currency B shares closed slightly higher yesterday due to technical buying sparked by renewed hopes of government steps to boost the market, brokers said. The B share index edged up 0.29 of a point, or 0.35 per cent, to 80.35. Turnover remained thin atReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 1,007 words
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Article371 1999-12-23 17 AFP Index +6&5 TAIWAN share prices closed 0.9 per cent higher yesterday to reclaim the 8,000-point level on buying of technology shares, dealers said. "Buying was mainly sparked by anticipation that there would be more foreign remittances into the stock market next year," said Chou Hsien-li, analyst at YuantaAFP - 371 words
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Page 17 Advertisements
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Advertisement36 1999-12-23 17 4#P% Looking for a holiday destination? i Classified Or simply getting away from it all? TTI VCt Top of your itinerary: kSj I J-X Jit Check The Straits Times mm. 1 Classified First. 1 i Q36 words
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STOCKS klse
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Article, Illustration404 1999-12-23 18 AFP AFX Asia CI Composite Index -129 MALAYSIAN shares closed 0.4 per cent lower yesterday as investors cashed in on their profits following recent gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 3.29 points to finish at 787.91 and the SecondAFP; AFX Asia - 404 words
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Article7778 1999-12-23 18 MOUSTVULS Cmsmmt prefects Lilt Vol Daw Ma* "> ci«m t m -ooo Hiqh lo« p/e m) ♦*2 2 5f gST* 320 20-3 129.7 174 46 Angkasa 89 -I 49 90 B7.5 131? 404 220 Apollo Food Hlq 340 2 9 340 336 81 136.0 294 115 BerjayaLand 172 2 827,778 words
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Page 18 Advertisements
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SGX clob & regional stocks
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Article3413 1999-12-23 19 BONDS A WARRANTS Dec 22 rn Mi tnm! (W S2 Weak last M Day Lartftma ki% UnM Can Urn Dm Htta M|k lew Km Caapanf U> Ml M0 U> k|V Mkt Met MW Mi* Mca (%l tariafZ Uft 104 10.5 3160 "AcerW*****1USS !«0 unch 99 40 40 39.5 40S 73,413 words
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Article314 1999-12-23 19 AFP Q Composite Index +9.03 THE Korea Stock Exchange Composite Index yesterday closed up 9.03 points at 967.83. Volume was 290 million shares worth 4.1 trillion won. -AFP Ok 22 *h Anam Sami ***** -600 BraMi 1895 65 C antral Bank 20)0 -90 Chan Comm .***** 1900 Dm CuAFP - 314 words
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Article282 1999-12-23 19 AFF Q Manila +27.84 PHILIPPINE share prices closed 1.4 per cent higher yesterday on easing Y2K fears and news that US interest rates would remain unchanged, brokers said. The Philippine Stock Exchange Composite Index added 27.84 points to close at 2,062.81. AFP 0*c 22 PMC (000) MRC Allied 0.62AFF - 282 words
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Article287 1999-12-23 19 AFP QWem««i -L 65 FLETCHER Challenge Ltd stocks provided one of the few bright spots yesterday as the New Zealand share market marked time in thin, mixed trade. The NZSE-40 Capital Index fell 0.1 per cent or 1.65 points to 2,205.32 on turnover of just NZ$57 million. —AFP WAFP - 287 words
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Article593 1999-12-23 19 AFP F1 All Ordinaries *312 AUSTRALIAN share prices rose 1.1 per cent yesterday, led by gains in blue chips and technology stocks and helped by a Wall Street rally, brokers said. The All Ordinaries Index finished 34.2 points stronger at 3,141.40. The All Industrials Index closed up 66.9 pointsAFP - 593 words
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Article, Illustration784 1999-12-23 19 AFP n®r Imfcx *135 THAI share prices closed 3 per cent higher yesterday, buoyed by strong interest in communication stocks and retail and institutional buying in banks and finances, dealers said. The benchmark Stock Exchange of Thailand Index gained 13.5 points to close at 458.43. Volume was a heavyAFP - 784 words
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Article, Illustration689 1999-12-23 19 AFP Q Composite Index +4J6 INDONESIAN share prices closed 0.6 per cent higher yesterday amid window-dressing in second-liners and with sentiment buoyed by renewed foreign interest in selected stocks, dealers said. They said the rise was also attributed to a decision by the US monetary authorities to leave interestAFP - 689 words
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Page 19 Advertisements
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Article9269 1999-12-23 20 i MilWiWiwini ii*i -us** memt* 1 HIW'I—U BOARD Transaction date: Dec 22 a£5«l S,N. Company S? (WW .■»—U. Buy"' c'S *5 ft |3 45 MULTI-INDUSTRY 182 17.5 m c 1000 Acma 50c 112 112 113 m n1 „2 l0 33 45 92 185 3 112 25 c 12179,269 words
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Page 20 Advertisements
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Advertisement13 1999-12-23 20 4 Sh E FULL USE OF TODAY s THE BEST PREPARATION for TOMORROVW*13 words
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Advertisement32 1999-12-23 20 VtM-'' •or lAIT I I N WATCH. lUCKI *IA Z A 101-74, MI-M/17/U OICNAIO lOAO Til: 73 4 3 139 DIIUXI lASTIIN WATCH, CINTftIPOINT. IOMI/1I OICM A D ROAD Tit: S• 332 words
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Advertisement6 1999-12-23 20 Imagination /.v more IMPORTANT l/tan KNOWLEDGE6 words
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Page 21 Advertisements
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Advertisement48 1999-12-23 21 SINGAPURA BUILDING SOCIETY LTD Si|»jgK '\Tm TY?I NEED A LOAN? TAKE ADVANTAGE# OF OUR FINANCIAL STRENGTH J 1 We provide loans and financial assistance for /our Corporate and Personal Financing. *9 f Br Car Loan Home Loan Share Loan Commercial/Industrial Loan Factory Loan and etc. HOIaWE: 320 016848 words
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EXECUTIVE Suite
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Article, Illustration3295 1999-12-23 21 HDB transactions between Oct 19 to Nov 27, 1999. TYPE/LOCATtON POSTAL CONTRACT PRICE BUILT-IN PSF TYPE/LOCATION POSTAL CONTRACT PWCE BUILT-IN PSF CODE DATE (SS'OOO) (SOFT) |S$) COOE DATE (SSOOO) (SOFT) (S$) 3-Room (Type A) HougangAvelO *****1 27-0ct-99 157 742 212 AngMoKioAvelO *****6 11-Nov-99 210 969 217 HougangAvelO *****1 13,295 words
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SHOPPING MALLS
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Article, Illustration1035 1999-12-23 22 MACABE KELIHER - Judging by the inflow of investment funds, the island will be sprouting malls like mushrooms, but some in the industry caution against over-building, reports macabekeliher MACABE KELIHER Taiwan shopping mall development is running full steam ahead as developers and investors are pouring inFILE PHOTO; FILE PHOTOS - 1,035 words
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SHOWCASE
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Article, Illustration753 1999-12-23 23 CORINNE KERK - From Turkish baths to detoxifying seaweed wraps and aqua-gymnastics, this condo spa gives 'comforts of home' new meaning, reports cobimiiekerk CORINNE KERK Residents at villa Marina must be the most relaxed bunch of condo-dwellers in Singapore. At least, they should be. If not, itPHOTOS BY CHRIS LOH - 753 words
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Article750 1999-12-23 23 developer district location size total units no of price tenure (sq ft) LAUNCHED UNITS SOLD* psf) River Place FEO 3 Havelock Rd 678-3,229 509 337 950 99-yr Tanglin View FEO 3 Alexandra Rd 872-2,282 256 152 830 99-yr Faber Crest CDL 5 Faber Heights 1,012-2,099 240750 words
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Article, Illustration1119 1999-12-23 24 JEANETTE PANG - Behind the glitzy festive packages, occupancy rates are slowly recovering from a new low, and room rates and yields are expected to follow, reports jeamette pamg JEANETTE PANG AFTER wallowing in gloom for two years, Singapore's hotels are greeting the new millennium with somePHOTOS BY ARTHUR LEE; Source: Jones Lang LaSalle Hotels; Source: Jones Lang LaSalle Hotels and STB - 1,119 words
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THE CEO speaks
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Article, Illustration1264 1999-12-23 26 EUGENE LOW - Shell Singapore's chairman Simon Lam tells eugene low of his vision for the company as it copes with thinning margins and rising labour costs EUGENE LOW SPEAKING to Simon Lam, chairman of Shell Singapore, you can tell that the man is no fan of managementARTHUR LEE - 1,264 words
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Page 23 Advertisements
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Advertisement24 1999-12-23 23 Lost pet? r l| Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. I Buy It. Sell It Find h.24 words
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Page 25 Advertisements
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Advertisement283 1999-12-23 25 Where to wine, dine and -Offering the lowest interest rate in town 290 4545 CAFE PLAZA Christmas International Buffet Lunch 8C Dinner (24 25 Dec) Lunch: #24.50 (Adult), 16.50 (Child) on 24 Dec Dinner: $32 (Adult), $25 (Child) on 24 Dec $25 (Adult), $16.50 (Child) on 25 Dec SI CHUAN283 words
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Advertisement56 1999-12-23 25 n,Q 1 HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Gavenagh Road, Singapore *****7 Tel: 737 9944 Ext 400/02 Fax: 733 3175 Caff 6 l 1 Italian Pasta, focaccia Caffe ...1 s iU P j My rH?2 Anson Road, #01-01 Anson House Singapore *****1 Tel Fax 557 0537 Monday to Friday Bam56 words
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Advertisement159 1999-12-23 25 Festive Promotions! At Congress and Joaqulm Enjoy fnoutthwatorlng m l||i> t m «I 4 I K wUnt rfW/Vf MofOri Ij; ji JPlaaJb I wtfhoufctMxoMoi) riaßw rrmM> a wn to 00 International tan up Christmas Eve* Day New Year's Day High Tm $20 J0 Htgti Tm $20.00 Dinner $30.00 Dinner $30159 words
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Advertisement43 1999-12-23 25 M K I N s I N A I' I) K I •jjchristmas SMan^ 25 December 1999 Han* to 3pm Mandarin Ballroom {6th floor, South Tower) Adult: $53 nett Child under 10 years: $32 nett Reservations: 831-6288 h Hi M.inAin/i QD .Sutjta/kirr JBtji43 words
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Page 25 Miscellaneous
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Miscellaneous939 1999-12-23 25 1111 l I II Premiere 12 530 Zorro (Cartoon). 4.35 Big Head Son. Little han. |)UT nnnm ltl/ nc 600 Wheel of Fortune. Head Father. 5.00 Rasawit. H mil! 630 The Pyramid Game. 5.00 TaiJi Sword. 5.30 WB Cartoons. Qt t 700 Soldier 5.35 Orange 5.55 Pengumuman Waktu £vr l939 words
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Miscellaneous301 1999-12-23 25 CRYPTIC CROSSWORD in wm U hh 1111 1 I 1 i ACROSS 5 Police poster? (4) 1 Use a portable for broadcast 6 His activity is never rewarding (7) from yacht (8,4) 7 Housing allowance (13) 9 One falling at end of Hamlet, say Telephoned by a criminal (7) that's301 words
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Page 26 Advertisements
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Advertisement191 1999-12-23 26 CEO SPEAKS. UOB PRIVILEGE BANKING LISTENS. Ji J At UOB Privilege Banking, we translate every CEO's balance of at least *****,000 in deposits or unit trust investments. "j* 5 J l RI vi LEGE W' Z m Ia banking v i S j on j n t 0 results. Which191 words
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SHIPPING TIMES
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Article282 1999-12-23 27 Bridge News, Reuters THE Baltic Dry Index (BDI) fell five points to 1,329, the Baltic Panamax Index also fell five points to 1,220, the Baltic Capesize Index shed 10 points to 1,847, while the Baltic Handy Index rose two points to 929. At 1345 GMT, Biffex was 15Bridge News,; Reuters - 282 words
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Article311 1999-12-23 27 SES '000 Dec 22 S$ W C«TT Distribution 1.20 0.02 192 Chuan Hup 0.40 0.02 4897 Cosco Investment 1.10 0.01 90 Freight Links 0.28 unch 210 CBHoiOioqs 0.83 unch 1 Mai Sun Hup 0.78 0.01 364 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 1.11 0.01 53 Jurong Shipyard311 words
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450 1999-12-23 27 They were among 38 accused of ship bracking last year and killing all 23 crew [SINGAPORE] A Chinese court yesterday sentenced to death 13 pirates 12 Chinese and one Indonesian for killing 23 sailors in a ship hijacking. Court officials said the450 words
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Article, Illustration103 1999-12-23 27 [WASHINGTON] Salvage ship Smit Pioneer returns to port in Rhode Island on Tuesday, laden with debris arid human remains from Egypt Air Flight 990 that were hauled up from the bottom of the Atlantic Ocean, US officials said. The ship began its work on DecAFP - 103 words
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403 1999-12-23 27 mLLEmfIUM BUG FEARS Vessel Traffic Separation system will ensure safety of busy waterway Reuters [KUALA LUMPUR] It will be business as usual on Dec 31 in the Straits of Malacca, one of the world's busiest waterways, with no entry restrictions onReuters - 403 words
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124 1999-12-23 27 AFP [HONGKONG] Hongkong reminded the shipping industry of the potential dangers of the millennium computer bug, warning ships could be turned away unless strict guidelines were followed. The marine authority said shipowners, masters, agents and operators were responsible for checking all essential equipmentAFP - 124 words
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255 1999-12-23 27 AFX Asia (BEIJING] China has ordered a three-day New Year's holiday and prohibited foreign ships from entering Chinese ports for two days to minimise disruptions from yearend computer failures, the state-run China Daily reported yesterday. The moves ordered by the cabinet, orAFX Asia - 255 words
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Article, Illustration56 1999-12-23 27 [LA ROCHELLE, France] Workers install inflatable barrages In the harbour ofLaßochelle in preparation for the possible arrival of oil slicks. Thousands of tonnes of heavyfuel oil have been drifting slowly parallel to the France's western seaboard following the break-up and sinking of the Maltese-registered tanker Erika on DecREUTERS - 56 words
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AIRPORT privatisation
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Article, Illustration611 1999-12-23 28 S&P says airport's strengths are offset by regulatory risk, high capital expenditure and uncertain future ownershi Reuters [MELBOURNE] STANDARD Poor's on Wednesday revised its outlook on Sydney Airports Corp Ltd (SACL) to negative from stable, while affirming its single-A-plus long-term and A-l short-term ratings. The ratingsReuters; FILE PHOTO - 611 words
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Article198 1999-12-23 28 PAGE Djak Lloyd 8 ACL 6 Dongnama 3 ANL 3 KL 4 Accord 8 ECU Line 6 Appenship 5 Evergreen 6 Austral 8 FoongSun 8 Balaji Shpg 5 G Link 4 USA 7 Gemartrans 6 B'tang Mas 8 Hangli 7 CCNI 7 Haojin 3 CMA 8 Heung-A198 words
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Article17266 1999-12-23 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Mime Name Number Number SIN Dest'n Name Name Number Number IUW< 05/01 31/01 Evergreen E GENTLE 0319-08'W 65 3921m To ABIDJAN (ABJ) 2003 Cote D'lvoire 05/01 06/02 Norsui iyo uk u17,266 words
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AIR & LAND transport
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Article, Illustration542 1999-12-23 39 Canberra will introduce legislation to gnard competition in the country's aviation industry Reuters [OTTAWA] Air Canada won government and regulatory approval to acquire its long-time but ailing rival Canadian Airlines after a protracted battle for supremacy of Canada's skies. Canadian TransportReuters; FILE PHOTO - 542 words
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Article1983 1999-12-23 39 CITY FU6HT ETA FLIGHT ETO BA7306 1840 AMaMt BA7381 1930 BA7382 2050 J™ Of81 1930 Of82 2050 Fukuoka S0989 1540 S0990 0125 AN8229 2230 G«anqzhou S0803 1910 CZ352 0835 LH6380 2230 C2353 2045 ***** 1015 ***** 2230 VN741 1310 VM740 1410 Aantcrtfaai S023 0650 GA974 01201,983 words
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Article, Illustration575 1999-12-23 39 Reuters [GUATEMALA CITY] A Cubana airlines flight with 314 people on board skidded off the runway at the Guatemala City airport and into a neighbourhood on Tuesday, killing at least 26 people, officials said. "We have a list ofReuters; REUTERS - 575 words
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210 1999-12-23 39 Reuters [AMSTERDAM] Amsterdam's Schiphol Airport is the best performing company within the European transport and distribution sector, according to a study by KPMG's Dutch arm of the sector's hundred biggest companies. "With a net profit percentage of 24.4 per cent, Schiphol performs substantiallyReuters - 210 words
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Article170 1999-12-23 39 Bloomberg [SEATTLE] Boeing Co, the world's largest aircraft maker, said Delta Air Lines Inc will buy five jetliners valued at as much as U*****.5 million (*****.89 million), boosting the planemaker's year-end orders. The third-largest US airline will buy three 737-800s and two 757-200s toBloomberg - 170 words
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Article, Illustration868 1999-12-23 39 Car makers to study future cooperation in other areas Bloomberg [TOKYO] General Motors Corp and Honda Motor agreed to supply engines to each other and study future cooperation to take advantage of their respective strengths in diesel and lowemission technology. Japan'sBloomberg - 868 words
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LOGISTICS page
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Article, Illustration607 1999-12-23 40 P T BANGSBERG - Arena has signed an agreement of intent with Norway's Visma to deliver e-commerce packages to the shipping industry. It will also jointly implement an Internet-based paperless document and community system with a Hongkong freight forwarder. P TBAHGSBERG reports from Manila P T BANGSBERGFILE PHOTO - 607 words
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Article359 1999-12-23 40 Regular customers earn points which canbensed to exchange for special concessions BERMUDA-based box leasing firm Gateway Container International has launched a scheme in which customers receive "Box Points" whenever they lease containers. Regular customers who earn enough points will then be able to trade them359 words
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Article, Illustration499 1999-12-23 40 Lane Leakela - logistics Lane Leakela The writer is principal analyst, Electronic Business, at GartnerGroup Asia Pacific; he can be contacted at 852-2824-6107(direct), 852-2824-6138 (fax), 852-9371-1422 (mobile), http://www.gartner.com. THE fragmented global metals manufacturing and trading industry has created a compelling vertical emarket opportunity in a large and499 words
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Page 27 Advertisements
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Advertisement83 1999-12-23 27 Sydney Airport's stable outlook turns negative Pg 2 Air Canada gets nod to buy Canadian Air Pg 13 Schedule for aircraft arrivals and departures Pg 13 HK e-com firm adds tailored maritime packages Back Page Shipping Times IsOouldl3i£e j DoJs)is£ 7lff9ts r# J I 1 l Jveaders 6c x 383 words
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Page 28 Advertisements
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Advertisement194 1999-12-23 28 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com Hiredutes Ejrnprr.sric Surrjrary Q j I SENLIM AGENCIES PTE. LTD. I 133, New Bridge Road, #06-09,194 words
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Advertisement750 1999-12-23 28 Lines services represented I*** efTl^efS Registry ol Members of the V Accredrted Shipping Agents. Singapore Freight Forwarders S'pore National Shipping Assoc Association ULY UNE MALE I vessel voy eta Tew ha f. KLANG SPOUE MAU Empress Lily VOlOO 09/01 11/01 20/01 Princess Lily VOlOO 28/01 30/01 08/02 Empress Lily VO2OO750 words
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Advertisement1120 1999-12-23 29 SAX SERVKE (DIRECT) VOY SWttt lAX OAK PAL HOll CHI OX MflW <Jl NYC 016E IS/12 30/12 04/0) 04/01 04/01 04/01 04/01 04/01 OS/01 05/0) visnm. o)6i 22/12 06/0) ii/oi li/oi n/oi 11/01 n/oi n/oi 12/01 12/01 AWSAfiPONYX 01ft 05/01 20/01 25/01 25/01 25/01 25/01 25/01 25/01 26/01 26/01 AfITOUMMUt1,120 words
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Advertisement2032 1999-12-23 29 @HANJIN SHIPPING jik PI t Ms f"*r« t* Sale *****30 HAWJIW SHIPPING (S) PTI LTP hup bjja cam lOWING *****3S 737 SAUS *****74 731 DOCUttfKl *****71 774 OftUTIOKS *****50 251 MAM LINE *****55 Ml *****00 (I NO lIS34HOMOII I TO NW USA CANADA I USA~ CANADA* 1 rss~pss unihas/vot su2,032 words
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Advertisement80 1999-12-23 29 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 WORLDGATE EXPRESS LINES PTE LTD Tel: *****11 Fax: *****73/*****63 Email: wgata4mbax2.slngnatcom.ag Calcutta ychlttagong |PORT LOUIS |02/01 I Karachi [COLOMBO 28/12 I KARACHI/LAHORE 30/12 Bombsy h bqmbay 27/12 MADRAS/BANGALORE 28/12 CALCUTTA 20/12 Colombo* H CHfTTAOOWQ80 words
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Advertisement1691 1999-12-23 30 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA KSStI VOY SM LtH RTW AM HAM IHV FLX VtSStl VOY SIN GIT SPt FOS W.C MTB TRAM ETIBMITY 0024W 27 12 18 (d Utl 16 01 17 >1 1101 LONDON SENATOR OM2W 2312 Mil 11 R1 1311 1511 2211 HANJIN SAN FRANCISCO 00151,691 words
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Advertisement990 1999-12-23 30 am MAC-HELS S'PflftE M'SIA uTTaTj Carrier: MN CONIH LINES, MC p. gudang.(07)*****26 l-IW J cm NOc **********0 C SIBU: (084)*****9 MAMLA (832)*****24 PENANG: (04) *****38 BANGKOK: (682) *****67 SURABAYA: (31) *****11 P- KELANG: (03) *****77 JKT: (21)*****46 KUCHMG (082) *****1-3 HO CHI MINH 1 PENANG MV "DRAGON KALIMANTAN V.136 MV990 words
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Advertisement599 1999-12-23 30 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMMI S PORE N SHEVA COLOMBO PKLANG CAPE CANAVERAL VIIIW 27 DEC OS JAN H JAN IS JAN TULSIOAS *111 02 JAM 12 JAN II JAN 22 JAN TARPON SILVER V 100W 10 JAN 10 JAN 23 JAN 20 JAN CAPE CANAVERAL VII7W 10 JAN599 words
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Advertisement1836 1999-12-23 31 I VESSEL VOY KHH HKG SIN PKG PQB DXB PMM BA BIK IRAN TEYFOURI PCL-133 15/12 17/12 21/12 22/12 31/12 01/01 02/01 04/01 00/01 IRAN TAKHTI PCL-001 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 05/01 14/01 15/01 16/01 18/01 20/01 IRAN SEESTAN1,836 words
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Advertisement1054 1999-12-23 31 VLEJ. 20 DEC 99 EVERT MOMMY TO lONMEACH 19 MYS TO OUUAM MMB I «0 ROBINSON RD TIL 226 1900 FAX: ***** M OUTWARD (l/L) *****02 JOHOtI OFFICE: Si Mm.5!S #12 SAUS/MGS *****57/43 INWARD KPT (D/ 0) *****55 COSTAR AGENCIES (M) SDN BHD ******5 TEL 02-07-35 31m FAI 02-07-*****70 2£mm1,054 words
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Advertisement783 1999-12-23 31 iUKOPt EXPKISS SERVICE WO" |uwH3irr BSS—mm ML ja. ffiS. lIS IfIUJiUIJH* IjHrkarAcopm cawoes ro i mm n nmbl nm»havbl noscwt si pnasawc vu wa d aniwbp via m TttANSPAOWC SERVICE export J/SSffSSUSUStt!*'" mi import vtssa vot sm iG4 oax AccpmcAaeoßW: n s««a» vksei vot lgo oal —si HJ fAXIS 0141783 words
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Advertisement1267 1999-12-23 32 I EUROP€/UK/SCAHMNAVIA/FIMLANP/BU>SIA I SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP lE. DIAMOND RW-011 25/12 13/01 1!MI1 15/01 17/01 11/01 19/01 E ROYAI RE 045 02/12 04/12 03/12 05/12 07/12 20/12 27/12 E. DELUXE RW-013 01/01 20/01 26/01 22/01 24/01 25/01 26/01 E REACH1,267 words
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Advertisement1348 1999-12-23 32 SO TELOK SIANGAN ROM) #02-82 OTIPORT CENTRE STORE *****0 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL WOT ETA ETD DESTINATION MAHJKWA 4499 25/IM9 »12« PALABAN& PKL. BALAMMUNTOK MABUKWA 01/2000 0101/2000 0201/2000 PALEMBAN& PKL BALAM For enquiries and bookings please contact SEASPACE SHIPPING (S) PTE1,348 words
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Advertisement438 1999-12-23 33 BSA a. Ml MYANMA wBBk FIVE STAR LINE (Myaamnr National Line) w Loading for Tango* (Rangoon) vtssa voy sin ru pen rai PAGAN 273W SU> MAWUMYBf 87W 23/12 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL Ul (03)*****00 PKL TIL (03)*****01 PIN: m (04)*****02 PGU: TU (07) *****21/4 BANK LINE (A Mfvkt438 words
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Advertisement1233 1999-12-23 33 HYUNDAI MERCHANT MARINE CO., LTD. ivcsa voT|a<|sou|iai|n»|Aiff|HAW|wv|m|ivesa vor sou i» wm aw ham mv feT*5T NOLAMAZOMTI OWN 23/12 10/01 15/0112/01 13/01 NT (OMMOOOM 3221 2V/11 04/12 01/12 02/12 23/12 UIOME S3IW 24/12 14/01 15/01 0»/0l 11/01 NT BUB 3221 01/12 08/12 04/12 07/12 25/12 HY GENERAL 322W 27/12 12/01 13/011,233 words
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