The Business Times, 13 January 2000
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2000-01-13
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The Business Times
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Title Section13 2000-01-13 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85* SINGAPORE THURSDAY, JANUARY 13, 2000 Internet: http://business-times.asial.com.sg/13 words
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768 2000-01-13 1 Conrad Raj - -Hex elusive UK's Leg&lese Ltd picks Rajah &Tann as well as Allen Gledhill as top in various categories By Conrad Raj [SINGAPORE] Here's a question that crosses the minds of many laymen and intrigues even lawyers themselves: Which are Singapore's top law firms?768 words
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Article62 2000-01-13 1 m 2,427.51 (+17.86) BT-SU MLS2 (+15.86) -JKi SIXSCI IVHJIISS W32MO (+4.50) Wednesday Change KLSE COUP 869.62 +H88 NIKKEI 18,677.42 -***** HANG SENG i£,714.20 -M7JI SET INDEX 469.62 +7.14 JAKARTA COMP BO. 16 4B4 MANILA COMP _lltl.W -J9.76 TAIPEI WPI 9.144.66 +217.62 SEOUL COMP 966.01 -2422 CUSA CHINA B62 words
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Article78 2000-01-13 1 FOBEX BATES US$ SI US* 1969 £(US*«SperS) 1.649 17H EUROflSS$/S$/E) 1.035 1.728 DM 1880 1881 YEN 106.8 1J77 RM tm 0.439 HKS 7.779 0116 BAHT 37.68 t.944 MJPIAH 7185 0.123* St lo IOC unit! st m WO uniu PUME1ATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA 4000 BANGKOK 10.06 MANILA78 words
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Article, Illustration54 2000-01-13 1 [SINGAPORE] Donning hard hats and overalls. Ho Kwon Ping, chairman of the new Singapore Management University, and Janice Bellace, the president, were outfbr a spot of extra-curricular activity yesterday. They were driving the first pile the ground-breaking ceremony for the university's interim campus in Bukit Timah. Report,CHRIS LOH - 54 words
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390 2000-01-13 1 Christopher Tan - ■-i ■exclusive It appoints 15 scooter dealers, 5 parts dealers, will undertake marketing and bid for COEs By( Christopher Tan [SINGAPORE] Leading scooter maker Piaggio has done a DaimlerChrysler in Singapore. After being represented by East Asiatic Co (EAC) for 38 years390 words
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388 2000-01-13 1 Quak Hiang Whai - Prorni Quak Hiang Whai in Hongkong SINGAPORE property tycpon Ng Teng Fong's Sino Land is moving deeper into the technology sector with plans to set up a HK$3 billion (***** million) venture capital fund to invest in telecommunications and388 words
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Page 1 Advertisements
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Advertisement90 2000-01-13 1 msiPE Exec Suite Construction and property prospects 2000. Pgs 25 A 26 Motoring Car Track: Gearing up for more sales. Pg 22 BT Comment Mega merger: a sign of new, more turbulent times. Pg 9 AOL, Time Warner stocks drop as reality sinks in. Pg 3 ;i v Top Storlos90 words
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Advertisement53 2000-01-13 1 phone CALLBACK Analysis, JBL Ti kHI ■B, 'V to a SINGAPORE: Orchard Road 02-36. Wisma 65/737 64 51. Dickson shops: The Promenade. Centrepoinl. shops: Raffles Paragon For more information: Chopard Asia Pte Ltd. Roulevard. 38-02 A Tower Singapore *****7. 65/333 0801. Fax 65/333 Gus Dur appoints allies to key economic53 words
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NEXT page
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Article, Illustration964 2000-01-13 2 Shoeb Kagda - Ibra and state-owned power firm PT PLN get new chiefs Fromi Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid has moved decisively to consolidate his control over the country's economic affairs by appointing two close confidantes to head the powerful but embattledFILE PHOTO - 964 words
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111 2000-01-13 2 AFX-Asia [BONN] DEUTSCHE Telekom AG has declined to comment on a report in The Business Times of Singapore that the German company and Singapore Telecommunications Ltd have broken off talks on a merger of their regional mobile phone interests. Yesterday's report, citing sources, saidAFX-Asia - 111 words
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ON THE grapevine
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Article84 2000-01-13 2 SINGAPORE Computer Systems, according to its president and chief executive, is determined to "e-enable" every part of the company's business by the power of the Internet. The ang pows distributed at one of the company's events are already showing the new emphasis. On the envelopes are printed84 words
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Article53 2000-01-13 2 INTERNET professionals are emerging as the best-paid professionals in the UK, according to a survey in an industry magazine. They earn an average annual salary of £70,000 (*****,500), or at least £20,000 more than those in the other professions. And hottest among the Net professionals are Web marketeers53 words
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Article, Illustration186 2000-01-13 2 IS the world's greatest investor Warren BufTett (right) losing his touch? Posed in Barron's Dec 27 issue, this intriguing question has wide-reaching implications for those who have latched on to the tech stock boom of recent months, during which earnings seem to186 words
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455 2000-01-13 2 Jennifer Lien - Bntrevenue slips 8.7% to USsl.6sb because of tough competition Byi Jennifer Lien [SINGAPORE] Disk drive maker Seagate Technology yesterday said it shipped a record 10.3 million drives in the December quarter despite tough market competition. However, revenue slid 8.7 per cent to US$l.65455 words
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Article, Illustration353 2000-01-13 2 Francis Kan - lift Francis Kan SINGAPORE'S first private university took a step closer to reality with the groundbreaking for its first building at its interim campus in Bukit Timah yesterday. Leading the ceremony for the $2 million building was Singapore Management University chairman Ho KwonCHRIS LOH - 353 words
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AOL time warner
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Article, Illustration789 2000-01-13 3 Falls seen reflecting investors' concern over likely flood of new shares as Net high-flier acquires slower-growing media group Reuters, LAT-WP [NEW YORK] The stocks of America Online Inc (AOL) and Time Warner Inc fell sharply on Tuesday as initial euphoria aboutReuters,; LAT-WP; AP - 789 words
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208 2000-01-13 3 AFX-Asia [SANTA CLARA. California] America Online Inc's acquisition of Time Warner Inc does not significantly alter the competitive landscape for Yahoo! Inc and will not prompt the company to revise its strategy of independence, CEO Tim Koogle says. "This market is big enough toAFX-Asia - 208 words
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Article, Illustration208 2000-01-13 3 AFP MEDIA tycoon Rupert Murdoch quashed speculation yesterday that his company wants to merge with another Internet player following the me-ga-merger of America Online and Time Warner. In an interview with his flagship newspaper, The Australian, News Corp Ltd's executive chairman said the company hadAFP - 208 words
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Page 3 Advertisements
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Advertisement123 2000-01-13 3 The Ist Word In Phone Trading: B M Mi rujr v ice IM MM Activated rn- Stock M U Trading Lim Tan Securities is amongst the first in Asia to provide investors with the power of Voice Activated Stock Trading VAST This new channel complements our current internet share trading123 words
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Page 4 Advertisements
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Advertisement116 2000-01-13 4 The 27 th Edition Schroders USchroders 41 ASEAN m Directory 200^ is out now! I P&i I m o The economic crisis in Asia over the last two years has I resulted in the consolidation and merger of many I The Schroders ASEAN Directory is a J I comprehensive and116 words
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SINGAPORE companies
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Article, Illustration581 2000-01-13 4 Wong Wei Kong - psil exclusive Firm to sell retail funds, launch innovative features in local market Wong Wei Kong INVESCO, the world's largest listed independent fund manager with US$292 billion (*****.2 billion) under management, has big plans for Singapore. Come March, the Atlantabased fund managementSlIEW YAW HOONG - 581 words
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280 2000-01-13 4 It will also pay service increments equivalent to 2-3% of staff salaries MEDIA group Singapore Press Holdings has joined a host of other large companies here in lifting wage restraint measures implemented during the Asian economic crisis. SPH said yesterday280 words
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535 2000-01-13 4 Siow Li Sen - Thesfe include lawsuits, stricter disclosure roles By\ Siow Li Sen AN American lawyer has warned companies seeking share listings in the US to be careful of the legal pitfalls of even seemingly innocuous decisions. Internet companies which move very fast535 words
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268 2000-01-13 4 Jennifer Lien - By Jennifer Lien CREDITORS and shareholders of debt-laden IPC Corp may be able to heave a sigh of relief when details of its debt restructuring plan are announced today. Banking sources yesterday said the company and its financial adviser, Andersen Consulting's Nicky Tan,268 words
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688 2000-01-13 4 siow li sen - iMMH locksiew siow li sen INVESTORS looking for more excitement than the usual speculative tech stocks may not have to look far. Lately, investors and punters have been getting calls from their remisiers or dealers to invest in covered bank warrants. But investors688 words
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184 2000-01-13 7 AFX-Asia [SINGAPORE] Shares in Intraco Ltd and subsidiary Teledata Singapore Ltd closed sharply higher yesterday on talk that Intraco may sell all or part of its stake in Teledata to a strategic investor, dealers said. Intraco closed 22 cents or 12.8 perAFX-Asia - 184 words
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COMPANY Briefs
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Article36 2000-01-13 7 THE Insurance Corporation of Singapore (ICS) said the High Court has sanctioned its proposed capital reorganisation for the purpose of restructuring the Company as a wholly-owned subsidiary of DBS Group Holdings.36 words
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74 2000-01-13 7 AFX-Asia MEDIARING.COM Ltd has entered Into a deal to provide voicemail services to members of International Business Machines Corp's Owner Privileges Programme. More than one million members in the programme will now be able to send and receive voicemail messages via an IBM/Mediaßing co-brandedAFX-Asia - 74 words
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Article91 2000-01-13 7 OUR report yesterday under the headline "White knight's rescue puts his finances in top Form" said George Thia had cut his interest In Form Holdings. The company has clarified that Mr Thia and his nominees have not sold any shares as they are under a one-year share sale moratorium91 words
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340 2000-01-13 7 It repeats contention that it's not aware of any reason for share price jump on Jan 3 DATACRAFT Asia said yesterday that it had no reason to believe that there was an information leak on its purchase of Hongkong-based I340 words
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101 2000-01-13 7 Reuters UNITED Overseas Bank Ltd said yesterday that it had become the first foreign bank to open an office in Bintan, Indonesia. It said in a statement that its joint venture PT United Overseas Bank Bali (UOBB) had set up a sub-branch on BintanReuters - 101 words
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Article, Illustration495 2000-01-13 7 Andrew Wee - After the purchases, the group will control 55% of the $160 m market in Singapore Byi Andrew Wee SMB United is set to become the biggest switchgear maker in Singapore, having agreed to take over two of itsCHRIS LOH - 495 words
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219 2000-01-13 7 FCC'sTanjongEhn project prices set to serve as benchmark ALL three penthouses at First Capital Corporation's (FCC) Sanctuary Green were snapped up yesterday at the soft launch of the condominium at Tanjong Rhu. The three-storey penthouses with sizes ranging from 3,854 sq ft to219 words
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Page 5 Advertisements
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Advertisement113 2000-01-13 5 Manager, 1 -Net ONE the infrastructure. The key success, though, compelling HORIZONbBANO will a educational and entertaining content to fill the broadband infrastructure. Public Services and Transportation, Oracle Systems Congratulations to Horizon.com for winning Oracle's Most Influential E-Business Consultant Award. We are proud to be able to bring Oracle's technology,113 words
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SINGAPORE markets
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Article, Illustration185 2000-01-13 6 R Sivanithy - WARRANT WATCH By 1 R Sivanithy WHEN Malaysian shares used to be traded on Clob International, one name cropped up regularly in the volume and gainers' lists Berjaya Group. However, ever since capital controls were implemented and Clob trading of Malaysian shares stopped, the Berjaya185 words
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Article, Illustration555 2000-01-13 6 r. sivanithy - I =11 comment STOCKS r. sivanithy Trading in the local stock market yesterday was a tale of two halves a poor morning showing because of a weak Nasdaq market on Tuesday and an afternoon recovery mainly on the back of a555 words
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Article481 2000-01-13 6 Stocks Volume Fastech USIOc 46.237,000 Kingboard US10c 42,691,000 Hotung Inv NT5 28,923,000 L&M50C 22,774,000 Eastgate 10c 16,715,000 ChuanHup 20c 15,622,000 Benefun HK10c 13,558,000 TetedatalOc 13,405,000 DBS Land 12,356,000 'Gentmg Int 11,258,000 Stocks DBSGrp 106,223,884 SJA 68,071,032 PaaficCentury 59,125,800 U06 37,695,325 DBS Land 36,981,262 OCBC 33,139,404 L&M50C 31,158,930 Fastech US10c 28,815,995481 words
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Article, Illustration259 2000-01-13 6 Wong Wei Kong - HOT STOCK By Wong Wei Kong FUELLED by a bullish sales assessment by its management, shares of Fastech Synergy, a Philippines-based electronics contract manufacturer, hit a new high in hectic trading yesterday. The stock rose four US cents to 63 US cents, after opening259 words
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Article113 2000-01-13 6 Thursday, Jan 13 Singapore ♦8.30 am. Fifth TDB International Day: Business forum for presentation of news ideas ♦8.30 am. Official launch of Electrical I-Nets Singapore by Minister of State Lim Swee Say ♦10.15 am. Singapore Telecom's opening of new flagship store by president and CEO Lee Hsien113 words
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548 2000-01-13 6 Unexpected fall in German factory output dampens hopes for faster growth Bloomberg [LONDON] The euro erased earlier gains against the dollar, leaving it little changed, after a German report showed factory output unexpectedly fell, damping optimism for faster growth in Europe's largestBloomberg - 548 words
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Page 6 Advertisements
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Advertisement90 2000-01-13 6 We are open at The Riverwalk. JUST STEAK serves only the finest American beef, sourced directly from the USA guaranteeing meat of the highest quality, grilled to perfection on an open broiler. Open Mondays to Saturdays Lunch 1200 1430 Dinner 1830 2300 For reservations please call *****22 HILL ST. CITY90 words
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Advertisement25 2000-01-13 6 T :ottia;he 9 See vour cie n tist Investment advice 7 you reeci G r investor Online Get the Best Gall us at 323-3955 OIXISBANK25 words
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Page 7 Advertisements
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Advertisement113 2000-01-13 7 /frf THIS IS THE 21 st CENTURY Realtime with FACT The Complete Realtime Business Accounting Software Call Betty Tan at *****32 today! More than 5,000 Singapore companies have already switched to FACT Realtime Accounting Software. (Includes GL, AR, AP, Inventory, P&L, Balance Sheet, Invoicing, Templates, Document Designer, Voucher Printing more113 words
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Advertisement184 2000-01-13 7 THE LADDER TO SUCCESS JUST GOT SHORTER. One click and you can be at futurestep.com.sg where you will be considered for exclusive career opportunities, and receive customised career feedback, including salary range. Futurestep is an innovative recruitment and career management consultancy for middle managers here in Singapore and around the184 words
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CALLBACK operators
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Article, Illustration1404 2000-01-13 8 Catherine Ong - Far from being a sunset industry, callback business is poised for an unprecedented boom, thanks to technology advances and a partial lifting of ad curbs By Catherine Ong [SINGAPORE] IT was supposed to be a sunset industry, a business that was to go the waySIEW YAW HOONG - 1,404 words
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Article, Illustration825 2000-01-13 8 Catherine Ong - Hy Catherine Ong FOR a business that has the potential to rake in millions of dollars in revenue, the simplicity of a callback operation is astounding. At the nerve centre where inbound and outbound calls are routed, you wouldn't find heavy-duty, .state-of-the-art AsynchronousSIEW YAW HOONG - 825 words
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Page 8 Advertisements
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Advertisement7 2000-01-13 8 I TODAY©** i Lianhe Zaobao MriiiP W7 words
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Advertisement250 2000-01-13 8 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Rah a mas Samoa I Full nomlhee, management, corporate secretarial and professional administration services arc available. i We specialize in offshore trusts, offshore banks, and captive insurance companies250 words
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SINGAPORE news
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481 2000-01-13 9 Wong Wei Kong - First seminars, to be held on Feb 26,27, will focns on basics By Wong Wei Kong IN the first effort of its kind in Singapore, government bodies, financial planners and financial institutions are coming together to launch a national campaign to promote481 words
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Article, Illustration597 2000-01-13 9 kenneth james - ■*i comment TECHNOLOGY Local Investors are more Net-savvy but market swings wont abate kenneth james SINGAPORE Press Holdings set to merge with Singapore Telecom. This was the message flashed across BT's computer screens while the newsroom was still buzzing with breaking reports of the597 words
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333 2000-01-13 9 Toh Han Shih - By 1 Toh Han Shih US chip giant Intel has invested in bex.com, a Singapore company providing business-to-business electronic commerce, and will increase its investments in Asian technology firms, Intel Asia Pacific business development manager Tony Jansz told reporters yesterday. Temasek Holdings and333 words
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NEWS Roundup
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Article52 2000-01-13 9 CNET, a US technology content provider, and Hongkong-based Internet company Asiacontent.com yesterday formed a US$l3 million (5521.7 million) joint venture in Singapore to create Web sites offering IT information in Asian markets. Asiacontent.com unit, Asiacontent.com Media, used to have distribution rights for CNET content52 words
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Article53 2000-01-13 9 THE Association of Small and Medium Enterprises (ASME) will host the inaugural World Summit on Small Business 2000 in March in Singapore. The event's theme is "Enterprise Development and Global Networking" and it aims to offer delegates insights on dealing with the challenges posed by53 words
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Article66 2000-01-13 9 NETS (Network for Electronic Transfers Singapore) and Visa International yesterday unveiled the Visa Cash card that, in addition to the features of the existing Nets Cashcard, can also be used overseas. Visa Cash cardholders will be able to load a number of different currencies onto the66 words
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Article68 2000-01-13 9 THE Urban Redevelopment Authority (URA) said yesterday four parcels of 99-year leasehold restored conservation properties, launched on Dec 1,1999 have been sold. The highest bid of $8.52 million was for the Tanjong Pagar Road parcel. The Neil Road plot drew a sole bid of $7.88 million.68 words
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82 2000-01-13 9 Lim Seng Sheoh Singapore via Internet - Lim Seng Sheoh Singapore via Internet AFTER reading the letter of Steven Loh ("Stop en bloc sale owners from buying time to cut tax liability", BT, Jan 11), I cannot help but feel that Mr Loh should not be too quick to82 words
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190 2000-01-13 9 INTEREST rates in Singapore are headed for a gain of 50 to 75 basis points this year if the US Federal Funds rate is raised by 75 basis points, research house IDEAglobal.com said in a report yesterday. "Our correlation studies190 words
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317 2000-01-13 9 Terence Wong Yew Chian Singapore via Internet - maili.tt: Terence Wong Yew Chian Singapore via Internet I REFER to Lee Han Shih's property column "Don't fight against online shopping" (BT, Jan 11). He feels that our malls should follow the American model and come out with a coherent Internet strategy317 words
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Article, Illustration388 2000-01-13 9 Marissa Chew, Kalpana Rashiwala - Sale made to property fond managed by GRA By Marissa Chew, Kalpana Rashiwala PIDEMCO Land has sold a block of Avalon condominiums to a property fund managed by GRA for about $80 million after two years of stalled sales. A Pidemco spokeswomanSIEW YAW HOONG - 388 words
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288 2000-01-13 9 REGIONAL competition in telecommunications is becoming keener, with not very much separating the region's top economies Australia', Japan, Hongkong and Singapore, the Asia Pacific Telecom Index 2000 shows. "The top four are really, really close," said Leong Siew Meng, a member of288 words
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Article, Illustration289 2000-01-13 9 Audrey Tan - on the economy interest rate Audrey Tan THE low interest rate environment should continue in the near term, with only a 50 basis point rise expected in the prime lending rate (PLR) by year-end, says SG Securities. Economists at the brokerage areSource: SG - 289 words
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Advertisement37 2000-01-13 9 You can email us at btletterQsph.com.sg or fax to us at *****71, or mail your letter to The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number.37 words
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EDITORIAL & opinion
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Article, Illustration760 2000-01-13 10 paul krugman - AOL's great deal or super booboo? ■FTI^ bottom line OPINION paul krugman Paul Krugman is a professor of economics at MIT and the author, most recently, of 'The Return of Depression Economics' AS a former columnist for Fortune, I am probably one of the few people who regularly visited the760 words
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Article130 2000-01-13 10 'Hell, no. We don't see anything out there at an attractive price.' -Rupert Murdoch the media baron responding when asked by The Australian newspaper whether his company News Corp plans to buy, or merge with, an Internet company. 'It's a Godzilla fee. The bragging rights are huge:130 words
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Article652 2000-01-13 10 EDITORIAL THE run-up to the annual Budget over the next month or so will see Singapore businesses lobby the finance minister, as usual, for various wants and needs. But small and medium enterprises (SMEs) apart from their perennial gripes about business costs and poor access to funds652 words
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Article, Illustration970 2000-01-13 10 Caroline Baum - When even analysts are divided abont what the recent wild bourse swings mean, investors can be justifiably befuddled Caroline Baum Bloomberg [NEW YORK] Based on early trading in the new year, volatility looks like it will be with us for a while. What does it meanBloomberg; FILE PHOTO - 970 words
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Article, Illustration935 2000-01-13 10 What the deal means AT the end of the day, the real significance of the merger between America Online (AOL) and Time Warner lies perhaps not so much in the size of the deal but in the implications it has for the changing face of the935 words
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MALAYSIA news
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Article, Illustration426 2000-01-13 11 KUALA LUMPUR 3 other opposition members have also been charged Reuters MALAYSIAN police yesterday arrested the lawyer of jailed finance minister Anwar Ibrahim and three others on charges of sedition in an apparent crackdown on the opposition following bitterly contested elections. The arrests, which hitReuters; FILE PHOTOS - 426 words
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185 2000-01-13 11 KUALA LUMPUR NST HONG Leong Bank Bhd, which was silent on its plans under Bank Negara's bank merger programme, announced on Tuesday that it had identified Wah Tat Bank Bhd as a partner. In a statement to the Kuala Lumpur StockNST - 185 words
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MARKET moves
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Article100 2000-01-13 11 SELECTED Malaysian blue chips continued their rally yesterday. Brokers said this could be partially due to rumours that the country may scrap its exit tax. Currently, foreign investors who want to repatriate their investments have to pay a 10 per cent tax on gains made100 words
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Article84 2000-01-13 11 Ruth Wong - Compiled by Ruth Wong ELECTRONIC toys-maker Nikko Electronics Bhd made a sterling debut on the KL Stock Exchange main board yesterday. The stock, which was offered to the public at RMI.BO apiece, ended yesterday's trade at RM4.06, giving investors a premium of RM2.26 on84 words
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441 2000-01-13 11 Diana Oon Abdullah - Property group's deputy chairman says it has six candidates to choose from, half of them from Asia hYom Diana Oon Abdullah in Kuala Lumpur PROPERTY group Kejora Harta yesterday said it will team up with foreign partners to better its441 words
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Article187 2000-01-13 11 KUALA LUMPUR Bloomberg DIVERSIFIED Resources Bhd (DRB), a Malaysian company with investments in automobile manufacturing, said it may not repay 704.3 million Malaysian ringgit (SJ3O9 million) due in March. Kuala Lumpur-based DRB, hurt by rising interest rates in 1998, said it plans to reorganiseBloomberg - 187 words
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Advertisement77 2000-01-13 11 'J 1 It-/-: j 2 ipp K H 4mk Bj *"3* '^^/m Il3Spk<M I' ■MSF mi )w jM|ly\ I* A Y You never <j» PATEK PHILIPPE actually own a Patek Philippe. geneve .JiU* You merely look after it for the next A^' generation. The Annual Calendar. The first self-winding l77 words
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SOUTH east asia
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713 2000-01-13 12 Anthony Rowley - Tokyo meeting urges region to pursue financial system reforms vigorously From. Anthony Rowley in Tokyo CHALLENGING the mood of euphoria which has appeared recently in Asian stock markets over prospects for economic recovery in the region, a group of senior policymakers713 words
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Article, Illustration244 2000-01-13 12 TOKYO Reuters MALAYSIA'S economic growth will accelerate to around 7.5 per cent this year from 5 per cent in 1999, Noordin Sopiee, director-general of Malaysia's Institute of Strategic and International Studies, a government think tank, said yesterday. "For the year 2000 the IMF's latestReuters; FILE PHOTO - 244 words
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275 2000-01-13 12 WILMINGTON, Delaware It says 2 firms had agreed to share market for Indon gas Bloomberg SANTA Fe Snyder Corp, an oil and natural gas provider, has accused rival Conoco Inc of breaching an agreement to share the market for gas pumped toBloomberg - 275 words
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544 2000-01-13 12 BANGKOK Majority owner, the Leophairatana family, won't want to risk too much dilation Reuters DEBT-RIDDEN Thai Petrochemical Industry's (TPI) plan to raise US$l billion (Ssl.7 billion) via a new share issue is unlikely to be as successful as envisaged by theReuters - 544 words
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Page 12 Advertisements
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Advertisement1112 2000-01-13 12 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 12? NOTICE IS HEREBY GIVEN that I, VINCENT CHOO PECK KUAN CHO PEK KUAN of Blk 124 C, Rivervale Drive #12-221 Singapore *****4, have applied for a Public House, First Class (Extended) Licence in respect of M/s Strumm's Sports Bar1,112 words
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Advertisement129 2000-01-13 12 NOTICE IS HEREBY GIVEN that I, SUI KOK SENG of Blk 213 Bedok North Street 1 #03-135 Singapore *****3, have applied for a Public House, First Class Licence in respect of M/s The Bunker Karaoke Pub located at 204 Joo Chiat Road #01-01 Singapore *****5, and that this application will129 words
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EAST asia
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Article, Illustration283 2000-01-13 13 HONGKONG Bloomberg NEXT Media Group Ltd, a privately held company that is one of Hongkong's biggest newspaper and magazine publishers, may sell shares in a Web site for a listing on the Nasdaq stock market. Next chairman Jimmy Lai saidBloomberg - 283 words
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393 2000-01-13 13 HSINCHU,Taiwan It will reduce reliance on DRAM chips, which are subject to volatile price fluctuations Bloomberg VANGUARD International Semiconductor Corp plans to focus on making logic chips for other companies to help parent Taiwan Semiconductor Manufacturing Co meet surging global demand. "Vanguard willBloomberg - 393 words
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Article, Illustration49 2000-01-13 13 [BEIJING! A Chinese woman sitting against a tree in a young hand-planted forest blanketed with snow in Beijing. Wooded areas, especially parks and new green areas, many urban dwellers in China's capital wanting to escape the bustle and noise of an ever-growing metropolis. AFPAFP - 49 words
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374 2000-01-13 13 TAIPKI It wants full control to better organise global logistics Bloomberg TAIWAN'S Acer Inc. the world's No 3 computer maker, will offer to buy all the shares of its Mexican unit at a premium, in a further move to take controlBloomberg - 374 words
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SOUTH asia
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446 2000-01-13 13 BOMBAY Pact could lower Indian inflation bnt may also squeeze ont small firms AFP INDIAN industry and analysts on Tuesday extended a cautious welcome to a deal between New Delhi and Washington under which India will lift restrictions on the import of a large numberAFP - 446 words
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Article241 2000-01-13 13 NEWDELHI Foreign second-hand car imports causing industry concern AFP INDIA will not be allowed to become a dumping ground for second hand cars from foreign countries, a minister said yesterday. Commerce and Industry Minister Murasoli Maran said at an automobile exhibition the government was awareAFP - 241 words
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92 2000-01-13 13 BOMBAY Reuters INDIAN private sector mutual fund Kothari Pioneer has said it is planning to launch a ftind with an exclusive Internet focus called the Internet Opportunities Fund. "The unique aspect of this fluid is that it will invest in overseas listed American DepositoryReuters - 92 words
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161 2000-01-13 13 KARACHI AFP A HIGH court judge yesterday refused to hear a treason and hijacking case against deposed Pakistani premier Nawaz Sharif, saying there were intelligence officials in the courtroom. "I refuse to hear this case in such circumstances," said Judge Shabbir Ahmed. He orderedAFP - 161 words
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Page 13 Advertisements
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Advertisement25 2000-01-13 13 Jl^^H JBjF 4|^Hk p '-3HE t in. fiSHa. '-^Mi t P 9 y fl P.. B^gjfl K ippp' PvMj i Z3oBr-~ w 9 ii!M*J» .u^a25 words
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WORLD news
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Article, Illustration592 2000-01-13 14 NEW YORK PPI, retail sales, GPI doe this week add to anease about Fed Feb rate hike NYT INTEREST rates surged Tuesday as investors worried about how fast the economy is growing and how hard the Federal Reserve will have to step onNYT; AP - 592 words
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Article988 2000-01-13 14 leon hadar - ■=1■ I =4 from Washington With the Mnimniinm Bug turning out to be a fiasco, what lies ahead? leon hadar NO, that Russian mtttear missile didn't launch itself by mistake from the military base near Moscow and crash on the South Lawn of the White House, threatening988 words
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417 2000-01-13 14 FRANKFURT But there are signs of a pick-up towards the year-end AFP GROWTH in the German economy, the biggest economy in the 11-country euro zone, slowed to 1.4 per cent in 1999, official figures showed yesterday. But there were first signs ofAFP - 417 words
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192 2000-01-13 14 TAIPEI Reuters SOFTWARE titan Microsoft Corp forged a deal yesterday to invest NT$49 million (552.65 million) in Taiwan portal Web site Yam Digital Co, aiming to grab a larger piece of the island's Internet market. Though relatively small in scale, the investmentReuters - 192 words
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288 2000-01-13 14 CHICAGO Reuters THE US economy has been growing recently at a rate likely to eventually drive up inflation, Federal Reserve Bank of Chicago president Michael Moskow warned yesterday. Vibrant domestic demand from businesses and consumers is fuelling this rapid growth and the FedReuters - 288 words
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WORLD Watch
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Article71 2000-01-13 14 Marks Spenoer sales 5.3% lower Bloomberg [LONDON] Marks Spencer Pic said same-store sales fell 5.3 per cent in the 15 weeks to Jan 8, beating analysts' expectations as food gains offset a drop in demand for clothes. Total sales fell 2.8 per cent, pulled down by a 6.7 per centBloomberg - 71 words
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Article69 2000-01-13 14 Reuters [LONDONJ The Lloyd s of London insurance market will lose a total of £1 billion (Ss2.B billion) in its next three reporting years, insurance analyst Chatset Ltd forecast yesterday. The years are 1997,1998 and 1999 under Lloyd's three-year accounting system to allow for lateReuters - 69 words
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Article, Illustration51 2000-01-13 14 AFP [ROME] Spanish musical director Placido Domingo (left) smiles as Italian director Franco Zefflrelli (right) kisses the head of Italian tenor Luciano Pavarotti during a Tuesday press conference in Rome, three days before the first presentation of Giacomo Puccini's Tosca at Costanzi's Theatre for its 100th anniversary.AFP - 51 words
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Article70 2000-01-13 14 Reuters INK w yukkj uavia Keiiey, ine i v proaucer 01 rne mi shows Ally Mcßeal and The Practice signed a new deal with News Corp Ltd's 20th Century Fox Television that could make him the highest-paid producer in television history, the Wall Street JournalReuters - 70 words
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Article45 2000-01-13 14 Reuters [LONDON! Four cities—Vancouver, Zurich, Vienna and Bern—have the highest quality of life in the world. Other cities in the top 10 are Sydney, Geneva, Auckland, Copenhagen, Helsinki and Amsterdam, said the survey by consultants William M Mercer. ReutersReuters - 45 words
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393 2000-01-13 14 WASHINGTON But controls can't replace sound economic policies FT THE International Monetary Fund, in a report published on Tuesday, acknowledges that controlling both inflows and outflows of capital can provide help to countries seeking to shield themselves from crisis. The IMFFT - 393 words
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388 2000-01-13 15 LONDON Business lobbies and some member states said to have criticised the proposals privately FT MULTINATIONAL companies face tough new restrictions on their international activities under a draft code of conduct drawn up by the 29-nation Organisation for Economic Co-opera-tion and DevelopmentFT - 388 words
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Article, Illustration65 2000-01-13 15 [SEOUL] College professors checking the college entrance applicants' works in an open gymnasium to make their grading process transparent in a bid to prevent scandals at the Hongik University. Scandals have recently rocked arts schools of some South Korean universities when professors were accused ofAP - 65 words
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232 2000-01-13 15 TOKYO AFP MORE than 100 global financial firms, including heavyweight Citigroup Inc and Deutsche Bank AG, are joining hands to set up a company for international securities transactions and settlements, a daily said yesterday. The new company, to be created in 2002, would manage dataAFP - 232 words
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512 2000-01-13 15 NEW YORK Fidelity, Vanguard, Janus took up more than half the total last year Bloomoerg US investors ploughed an estimated US$lB4 billion (*****.9 billion) into stock mutual funds last year, with more than half the total going into three fund companies Fidelity Investments,Bloomoerg - 512 words
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Article, Illustration367 2000-01-13 15 PALM SPRINGS, California Bloomberg AMERICA Online Inc and MCI WorldCom Inc were among the companies whose executives spoke at a Salomon Smith Barney conference where many investors weren't invited. The Securities Exchange Commission has criticised this practice, known as selective disclosure, which puts smallBloomberg - 367 words
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524 2000-01-13 15 PEBBLE BEACH, California Analysts expect current boom cycle to last 2-3 years Reuters LOOMING rain clouds and drizzle may have threatened their golf games, but most attendees at a semiconductor industry conference here were bullish about the US$l47 billion (*****.2 billion) industry's currentReuters - 524 words
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Page 14 Advertisements
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Advertisement68 2000-01-13 14 Plot Ratio: 1.4 Height: Up To 4-«tOT«y*ssV e Land Sim: 81,348 aqfk llT (approx.) cm. JJ3f Near Reputable 0 Schools Amenities V *<>►"% tmmmJk c c >»"■" i Excellent »**w Accessibility e^ Tender Closing Date: c 20thJan2000at4pm \SeftAvenue IQQ% Consensus m For Investment RefMart Trader Documents DENNIS WEE REALTY PTE68 words
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Advertisement13 2000-01-13 14 ZHONGGUO (CHINA) Remittance Centre Specialise in to fro Reminbi remittance service 226-2678 224-345613 words
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Page 15 Advertisements
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Advertisement27 2000-01-13 15 JKm jjkA jfi^l I^^VlE^WMk^^H Free eushi puck to go along with Offer etartd 11 Jan. 27 Mohamad Sultan Road. Singapore *****1 Teh 667 0007 ft- -'T? HMKw:27 words
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FINANCE & commodities
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243 2000-01-13 16 Daphne Tay Jardine Fleming - SGX Derivatives Ttadln^Reports MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stock market shrugged off early weakness and ended higher yesterday, lifted by gains in Singapore Airlines and banking issues. Internet-related shares fell, doused by Nasdaq's overnight 3.2 per cent drop after Yahoo!243 words
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167 2000-01-13 16 Lee Shu Weng Refco Singapore - MSCI Taiwan bitures Lee Shu Weng Refco Singapore SGX MSCI Taiwan Index futures yesterday rose 10 points or 2.48 per cent, recovering all its losses on Tuesday as Taiwanese retail investors were seen buying aggressively in the market. The underlying cash index finished with167 words
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242 2000-01-13 16 ENERGY REPORT Reuters [LONDON] Oil prices fell back yesterday as a rise in stocks of spare US oil deflected attention from recent signals that cartel Opec could prolong deep supply curbs. World benchmark Brent was down 35 US cents atReuters - 242 words
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273 2000-01-13 16 Reuters (LONDON] Growing demand from car manufacturers and market jitters over Russia's export intentions have pushed spot palladium and rhodium prices to near contract highs, dealers and analysts said yesterday. "Palladium has had a fear factor built into it because of the Russian exportReuters - 273 words
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Article, Illustration1275 2000-01-13 16 HTERBAMK CROSS RATES /an 12 A$ C$ Rwb Cto FTr Dw W Mil MHa» Yen Wow Ml Nm S$ Band Sfr l>T$ —fct fvmt USS AvstraHa 0.960 6.178 0.636 4.172 1.244 5.122 28.659 47.972 0.697 7.539 2.502 1.269 34.140 26.765 1099 4.015 1024 ***** ***** 0J99 0.659 Canada 1042 5.6971,275 words
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Article1894 2000-01-13 16 SICOM FUTUHBS ■/<"< rj RUBBER (futures dosaq as it 5J0pm) RSS1 C0*TRACT(S ecnbAq) CtOM VotMM OpM Moat* Hj9j» Uw Satt (twm) Iwtorwt Feb 00 102.50 900 Mar 00 »5.50 100 Apr 00 109JO May 00 H200 RSS 3 COMTRACT (UScwtVlq) VolWM OpM Mourn Htyt low Soft (tin) tetomt Fab 001,894 words
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STOCKS east asia
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Article, Illustration2846 2000-01-13 17 HONGKONG AFP n Hang Seng -147-9 HONGKONG share prices fell 0.9 per cent yesterday following overnight losses on Wall Street as investors predicted a US interest rate hike, dealers said. "The market suffered heavy selling after overnight falls on WallAFP - 2,846 words
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Article, Illustration1014 2000-01-13 17 Reuters CI Shenzhen B Index -OJB SHENZHEN'S hard currency B shares fell slightly yesterday as investors took their cue from a sell-off on the domestic A share market triggered by concerns over corporate earnings for 1999. The B share index fell 0.18 point, or 0.21 per cent, to 86.73Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 1,014 words
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2011 2000-01-13 17 TOKYO AFP Nikkei 225 -17X5 SHARE prices in Tokyo closed 0.9 per cent lower yesterday as buying sentiment dampened after US stocks fell, brokers said. The Tokyo Stock Exchange's Nikkei--225 average fell 173.5 points to end at 18,677.42. The Topix of all issues inAFP - 2,011 words
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Article374 2000-01-13 17 AFP QWP Index *217.62 TAIWANESE share prices jumped 2.4 per cent to pass 9,000 points yesterday on bar-gain-hunting following a 1.9 per cent plunge in the previous session on Tuesday, dealers said. "Buying was mainly triggered by Tuesday's record volume which the market generally interpreted as an indication thatAFP - 374 words
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Page 17 Advertisements
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Advertisement20 2000-01-13 17 i Need to get something fixed? Classified ■p Your best bet: cat* first. Check The Straits Times Classified First. j20 words
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STOCKS klse
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Article, Illustration441 2000-01-13 18 AFP AFX-Asia Composite Index +22^8 MALAYSIAN share prices surged 2.7 percent yesterday to a six-month high on follow through buying of financial and blue-chip stocks by foreign funds, dealers said. The Kuala Lumpur Stock Kxchange Composite Index finished at 869.62 points, up 22.88 points fromAFP; AFX-Asia - 441 words
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Article8525 2000-01-13 18 INDUSTRIALS Consumer products 1999 Last Vol Day Net Cap Hlqn Low Company Sil« 000 Hlqh Law P/C Jmll 340 310 AJinomoto 334 8 10 334 326 21.2 135.4 103 91 Anqkasa 94.5 -15 27 95.5 94 139.3 380 290 Apollo Food Hlq 380 16 25 380 362 9.1 152.0 29258,525 words
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Page 18 Advertisements
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Advertisement15 2000-01-13 18 Your weekly guide to pubs and lounges every Friday In The New Paper Fastads fid&tcHsS15 words
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SGX clob & regional stocks
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Article3078 2000-01-13 19 BONDS WARRANTS wt mrwt\ Pnml I'fi i nt vti Day LntOM«> >>i >iw< Urn taw MM* lM T—t—f Mi 0001 N* U» we* t*» J«NT U« 104 10.5 s 3160 'Acef ******1USS40.5 -0.5 68 41 40 5 40£ 41 33J 1 156 77 2 74 18 80 14 5 s3,078 words
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Article312 2000-01-13 19 AFP Q Composite Index -2&32 THE Korea Stock Exchange Composite Index yesterday closed down 26.32 points at 955.01. Volume was 225 million shares worth 3.3 trillion won. —AFP Jan 12 "on AnamSamt 9920 -130 Brain Tach 2170 IS Cantral Ban* 3700 50 Chail Corrnn ***** -2000 Dm Gu BankAFP - 312 words
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Article265 2000-01-13 19 AFP Q Manila -39.76 PHILIPPINE share prices fell 1.9 per cent yesterday, reflecting Wall Street concern over looming higher interest rates. The Philippine Stock Exchange Composite Index lost 39.76 points to 2,101.02. Volume was 5.05 billion shares worth 3.5 billion pesos. AFP Jan 12 Pmo OOO) MRC Allied 0.65AFP - 265 words
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Article284 2000-01-13 19 AFP pi Wellington -412 NEW Zealand stocks yesterday closed down 1.9 per cent on fears of higher global interest rates. The NZSE-40 Capital Index fell 42.2 points to 2,131.56 with volume worth a light NZ$B5.6 million. Telecom led the way down, dropping 24 NZ cents to NZ$B.5l. AFP JmUAFP - 284 words
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Article605 2000-01-13 19 AFP kJ All Ordinaries -60 AUSTRALIAN shares plunged 1.9 per cent yesterday to wipe out most of the gains which took the market to its record high on Tuesday. The All Ordinaries Index plunged 60 points to close at 3,104.60 after earlier falling to 3,095.50. The All Industrials IndexAFP - 605 words
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Article, Illustration788 2000-01-13 19 AFP SET Index +7i4 THAI share prices rose 1.6 per cent yesterday as speculators targeted banking issues, dealers said. Share prices closed higher on late buying mainly in banks on positive expectations that earnings in the fourth quarter, due to be reported later this month, would sljow an improvement,AFP - 788 words
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Article, Illustration708 2000-01-13 19 AFP C 3 Composite Index -5.84 INDONESIAN share prices closed marginally lower yesterday on regional weakness, dealers said. "The market was negative on profit-taking because the regional markets are lower," an analyst with a regional brokerage said. She said the firing of Glenn Yusuf as chairman of the IndonesianAFP - 708 words
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Page 19 Advertisements
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Advertisement56 2000-01-13 19 v second bond issue and m investment portfolio I rr""" Um,ed I lpa Shares. Bonds. Stocks. Annual Reports. I I Whatever you're offering, we help you reach out I I to 86.7% of all adults In Singapore daily. imp' mmmm The straits Times The Bus ness Times uanhe za ba56 words
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Article9094 2000-01-13 20 MAIM BOARD Transaction date: Jan 12 Qf Qf M wt 52-Wk Last Vol Day Last Ouota Oiv Dlv VM Nat Cap A»q High Lam SINo Company Sale COOO) High Law Buyar Sallar C'vr P/t Smil Prlea MULTI-INDUSTRY 182 67 mc 1000 Acma 50c 140 unch 412 143 1389,094 words
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Page 21 Advertisements
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Advertisement289 2000-01-13 21 mi J* 1 Preem* Diners Club h Diners Club Credit Card J^ c °f WllCrC to (tine Btld entertHlll* 19 InternotionaT lowest interest rate in town Enjoy our ever-popular Japanese favourites for lunch and in tne evening, tuck in to a wide selection of Japanese, Asian and Western dishes like289 words
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Advertisement27 2000-01-13 21 CELEBRATE THE LAST CENTURY]! WITH DE GRAND ffiippy Honrs s.(H)pm t» V.fHlpm I beer per iiiiij; I >r.iti Inzer per |ii£ t.OO»»* free Titbits i \m\ < h"27 words
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Advertisement97 2000-01-13 21 Spoilt^f=or 11 1 (Congfti) Lavd 1 Tel: 431 2045 Treat yourself i your guests to a wide selection of international favourites. Open forhtnch A dinner fCooor— Kop> TlnQ Level 1 Tefc *****46 Munch on iocat favourites snacks! I CJotgulm) Level 1 Tel. 431 2062 j I Local delights buffet style!97 words
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Advertisement31 2000-01-13 21 Advertise in Wine, Dine Entertain of The Business Times. Contact Patrick Ang at 740 1284, Amy Choo at 740 1559, or Shirley Lee at 740 2290 now. i m I j.31 words
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Advertisement47 2000-01-13 21 %WiFf K SL A KIN SINGAPO R _Ej~| rai on hud qh Bh LIl 3«lh floor modern *australian cuisine 6toI6jANUARY ..Rented bychef- i fames tan i .reservations Jfri 6288/58 JjL Heuwkirui QQ Sutgapure Xmsß6 313 Oriunl tto«d. Singjpure *****7. I ~;ST M 737 4411 Fn: 732 236147 words
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Page 21 Miscellaneous
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Miscellaneous873 2000-01-13 21 lne Business limes, w l |V| i^M^— 12 m PM Win, Lose Or 630 Singapore Today. 12.00 MN Headline News. Premiere 12 Draw. 7.00 Flaming Brothers. 12.03 AM One Hour News. 3.00 PM TV Innovations. LOO Days of Our Lives. 8.00 City Beat. LOO Business Tonight. HBBBK 4.00 Kidz Blitz:873 words
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Miscellaneous290 2000-01-13 21 CRYPTIC CROSSWORD ACROSS 6 Field of messengers (7) 1 Central shopping area in Newry 7 Try badty? (5) perhaps (8) 8 Wedding ring Mary exchanged 5 Temporary changes to perm (or (3 3) 9 Gambler nearly about to do er--10 Stargazer on the air? (5,10) rarxJ y lad y (8)290 words
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MOTORING page
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Article557 2000-01-13 22 Christopher Tan - CARnriinl Delay in January COE tender may send prices up; new listings should inject vim into the sector All reports by Christopher Tan FOR the motor trade, the start of the new century sees a deferment of the first Certificate of Entitlement (COE) tender a557 words
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Article, Illustration319 2000-01-13 22 JTA Motors is relaunching the brand after 8 years AFTER eight long years of holding the franchise, Skoda distributor JTA Motors has received its first consignment of cars. Three Skoda Octavias the brand's flagship have arrived for inspection and approval by the authorities; to be319 words
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Article, Illustration169 2000-01-13 22 MADE a killing on the market and don't know how to spend it? How about a $1.6 million Rolls-Royce—the most expensive to-date—or a cool coupe from Mercedes-Benz (inset) for half-a-million or so? These two cars are among the priciest to be launched this year. The169 words
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Article, Illustration229 2000-01-13 22 MERCEDES-BENZ will soon enter the local multi-purpose vehicle market with its Vclass, according to an executive with distributor Cycle Carriage. The firm will offer the 2.3litre petrol-driven seven-seat-er from March, each priced around $220,000 with COE. Although popular in Europe for several years now229 words
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Article, Illustration265 2000-01-13 22 CYCLE Carriage has delivered its maiden batch of Mercedes-Benz Actros trucks, signalling its thrust into the I high-end prime mover segment dominated by the likes of Volvo and Scania. The 11 vehicles, worth a total of $1.9 million, were sold to Watt265 words
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BUMPER to BUMPER
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Article61 2000-01-13 22 VOLKSWAGEN Group posted record sales of 4.86 million vehicles in 1999, garnering world market share of 12 per cent. This was an improvement over 4.58 million units and 11.7 per cent previously. Growth was fuelled mainly by demand in North America and Western Europe.61 words
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85 2000-01-13 22 CALTEX has introduced a new engine oil that promises fuel savings and lower emissions. In a 128-hour test conducted by the American Society for Testing and Materials, Caltex Havoline Energy has been found to improve fuel economy by up to 6 per cent. This leads85 words
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Article51 2000-01-13 22 THE International Brain Injury Association usually gives awards in recognition of breakthroughs in treatment of head and brain injuries. But at its last ceremony, the association honoured BMW with the Safe Car of the Millennium Award. It noted that BMWs head restraint system far exceeded US51 words
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Article90 2000-01-13 22 PORSCHE'S planned off-roader will be built at a new plant in Leipzig, chief executive Wendelin Wiedeking announced recently. "Leipzig is an optimum location in terms of logistics and will become part of our production network together with our original plant in Zuffenhausen and several VW plants," he90 words
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Article, Illustration119 2000-01-13 22 PORSCHE AG, the world's smallest but most profitable car company which turned in record 1996-99 earnings, is cm track for more growth. According to provisional figures for the first four months of current fiscal year (Aug 1 to Nov 30,1999), group revenue has risen 9119 words
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Article70 2000-01-13 22 THE Land Transport Authority (LTA) is introducing red and amber arrow lights at two locations in Yishun from tomorrow. Based on the same principle as red and amber traffic lights in use. the new arrow lights have been found to be effective at junctions with70 words
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97 2000-01-13 22 BUS and coach sales are likely to grow rapidly in the next five years after two years of consecutive contractions. According to the Economist Intelligence Unit, global sales will hit 188,655 units this year, up from 183,090 in 1999. Sales will then escalate to97 words
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Article79 2000-01-13 22 Christopher Tan - Compiled by Christopher Tan RAIL operator SMRT is donating $1.5 million to the Nanyang Technological University (NTU) to set up a professorship in transportation studies. Through the NTU Endowment Fund, the government will contribute $3 for every dollar donated by SMRT. The government will also79 words
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Article, Illustration320 2000-01-13 22 BMW will soon offer a driving technique programme its first in the region and has picked local racing ace Ringo Chong to be chief instructor. Mr Chong, one of the fastest drivers in these parts, will be assisted by a small local team. The320 words
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Page 23 Advertisements
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Advertisement76 2000-01-13 23 SINGAPURA v' fAt II BUILDING SOCIETY LTD ™j H Js m ~%i>., NEED A LOAN? TAKE ADVAjiriAGE# OF OUR FINANCIAL STRENGTH J We provide loans and financial assistance for your Corporace and Personal Financing. Car Loan Home Loan Share Loan Commercial/Industrial Loan Factory Loan and etc. East Coast: 348 826276 words
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Page 24 Advertisements
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Advertisement223 2000-01-13 24 •±4j There's a new movement in international all share the same values a commitment > Jv property services DTZ Debenham to continually improve our performance. jfife Tie Leunq. This is a unique collaboration wi V-/ I I *ISk among DTZ, Edmund Tie Company Our global network enables us to utilise223 words
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Page 25 Advertisements
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Advertisement207 2000-01-13 25 RESIDENTIAL SITE For Sale by.Tender v... Property Oasis Garden Dann Ma'wa \l\\ Jamiah Children s Vy Location Bunga Rampai Place Ho,ne >\ v (near Bartley Rd) Tenure Freehold Land Area Approx. 77,509 sq ft PROPERTY Zoning "Residential" rKUrCKJ^^ Ptot Ratio 2.1 Remark Near to good schools and c®**, Primary School207 words
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Advertisement318 2000-01-13 25 for Lease •itwcTHHift w w tt V t TVT* Directly linked to Bishan MRT station 3,745 sqft (sub-divisible) Please call Pauline at: 354 2«77 CATS. Buy It. Sell It. Find It. > 7V~ BMHHf Airview Chez Bright St Thomas St Thomas nt T |i n Mansions View (jf n rmrrm318 words
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Advertisement47 2000-01-13 25 Ky 3,461.1 sqm (37,255 sq Ft) 4 witf Freehold f k A v Plot Ratio 2.8; 30 storeys ICX) metres from Tiong Bharu MRT Shopping Complex Easy Access to CTE ECP AYE Tender Closing 15th February 2000, 4.00 pm Jacky Chan 9809 0270 Jimmy Giam 9764 478847 words
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EXECUTIVE Suite
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Article, Illustration862 2000-01-13 26 MARISSA CHEW - Knight Frank sees healthy demand and supply this year despite a more mixed outlook for prices and rentals, marissachew finds out from a paper presented at the Construction and Property Prospects 2000 Seminar MARISSA CHEW INVESTORS who have put their money in real estate can862 words
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Article497 2000-01-13 26 Marissa Chew - RESIDENTIAL Share of private property market seen declining due to rising prices but demand remains strong Reports by Marissa Chew UPGRADERS from public housing were the force behind demand in the private home market last year. But this year, the proportion of private homes bought by497 words
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Article328 2000-01-13 26 OFFICE OFFICE landlords will continue to be plagued by oversupply, but with demand following the economy in its recovery, negotiations on rent are getting tougher, says a report from Knight Frank. In fact, Knight Frank director of business space Tay Kah Poh says he expects328 words
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Article494 2000-01-13 26 Andrea Tan - BSTML By Andrea Tan THE retail market is slowly shaking off the blues, but landlords have to spice up the shopping experience if they want to stand out from the competition. "Shoppers cannot differentiate between one shopping centre and another as trades are repeated in several494 words
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Article, Illustration3045 2000-01-13 23 Property transactions for selected districts lodges between Dec 14 1999 and Jan 10 2000. PROJECT NAME/ PROP CONTRACT TENURE BUILT-IN/ PRICE PSf PROJECT NAME/ PROP CONTRACT TBWRE BUILT-IN/ PRICE PSF STREET NAME TYPE DATE LANO AREA" STREET NAME TYPE OATE LANOAREA* (SOFT) (SJ'OOO) (SS) (SO") (S* 000 I s53,045 words
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COVER STORY
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Article902 2000-01-13 25 KALPANA RASHIWALA - A 48% jump to 15.4b is expected, thanks to property price and economic recovery, kalpaxarashiwala reports KALPANA RASHIWALA Construction demand, as measured by the value of construction contracts, is expected to jump 48 per cent this year to $15.4 billion helped by the turnaround in key902 words
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Article407 2000-01-13 25 DAflXnjKftWCE C0MPI*iHF*1 YEAR 1 YEAR 2 YEAR 3 YEAH 4 YEAR 5 YEAR MO YEAR 11-36 Citibank* (max of 30 yrs) 4.0000 4.7500 5.5000 5.5000 5.5000 5.5000 5 5000 D BS 4.0000 5.0000 5.0000 5.0000 5.0000 5.7500 5.7500 Hong Leong Finance! (max of 30 yrs) 4.0000 4.8750 5.3750 6.1250 6.1250407 words
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SHIPPING TIMES
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Article314 2000-01-13 27 Bridge News, Reuters THE panamax sector of the dry cargo freight market remained firm world-wide, although some brokers acting for charterers felt that the Atlantic sector was levelling off. Capesize rates fell back on a broad front on Tuesday, while demand for handysizes increased in the Far East,Bridge News,; Reuters - 314 words
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Article287 2000-01-13 27 M t* CWT Distribution U7 0.06 273 Oman Hup 0.42 0.01 ***** Cosco Invastmant 1.07 unci) 1459 Fr«WNLMu 0-28 uncft 40e GBHoWngs 0.84 uncfi 0 Hal Sun Hup 0.79 unch 191 IMC HaMbtOi-HK 5.60 inch 0 Jar* Holdings LM 0.02 243 JwronaSNpyard —7.85 -0.10 85 KappalCorp 4.24 0.02287 words
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554 2000-01-13 27 Steps taken to prevent HK from being nsed as a base for alien trafficking AFP [HONGKONG] Hongkong customs yesterday launched new measures to combat the misery of human trafficking after three Chinese were found dead in a cargo container on arrival inAFP - 554 words
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353 2000-01-13 27 Marcus Hand - By Marcus Hand [SINGAPORE] Star Cruises is to appoint a senior executive from Princess Cruises in America, Colin Veitch, as chief executive of Norwegian Cruise Line (NCL) once its takeover is completed. Mr Veitch joins Star Cruises as a member of353 words
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Article641 2000-01-13 27 David Hughes - MEWBUILDS By: David Hughes There is no doubt which type of vessel is in most demand at present. Bulk carrier orders are still coming in thick and fast, as this week's new contract list shows. Recently the troubled South Korean yard Halla Heavy Engineering has been641 words
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Article, Illustration244 2000-01-13 27 Oana-Kyodo [TOKYO) Workers began unloading 122 containers of hospital and household waste from a ship in Tokyo Port on Tuesday, a day after the allegedly illegal shipment returned from the Philippines where it had been exported from Japan. The Japanese government paidOana-Kyodo; AP - 244 words
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MISSION counsel for seafarers
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Article, Illustration1004 2000-01-13 28 For foreign seamen in Rotterdam, far away from home, churches and pastoral workers give comfort and cheer The Port Of Rotterdam THE port of Rotterdam has contributed to the city being a multicultural one and the home for more than a dozen foreign places ofThe Port Of Rotterdam - 1,004 words
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Article190 2000-01-13 28 PAGE D>ak Uor<» 8 Ad 6 Dongrtama 3 ANl 3 ECl 4 Accord 8 ECU Line 6 Append)* 5 Ewrgreen Austral 8 FoongSun &aLa)i Shog 5 GL 4 BSA 7 Gemartrans 6 B'tanq Mas 8 Htn *< 1 CCNI 7 3 CM* 8 Heung-A 4 COSCO 5190 words
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Article18360 2000-01-13 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number 26/01 2V02 COSCO EVER GATHER 0007W 65 *****00 To ABIDJAN (ABJ) 2003 Cote D'lvoire 26/01 22/02 Evergreen E. GATHER 0322-006W 65 3921m 22/01 04/03 Setramar VILLE 0E18,360 words
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SHIPS IN PORT
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Article531 2000-01-13 39 ytsstl Voy No Arrival Daparturt Sfl tarn 1 JAW-01 JWW< 5 12/01/6J0 12/01/2300 C Success 12-JA* J09 12/01/9:25 12/01/16:00 Bt Pj| N0795 WOO J01 12/01/10:45 12/01/23:59 PtofJ 93m J15 12/01/12:50 0/01/2100 1N^I sjtu 01/00 J* 12/01/13:20 0/01/2100 tocopoto 6 OVOO JM 12/01/1500 12/01/23:59 OtM* *os, 4A J23 12/01/22:30531 words
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Article1859 2000-01-13 39 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/B*Unce Rstts Ship Voy No Etb/Btr Ported From To From AlAMJAYA J 9669« B/BOO n" 500 W IVW00 mST" C060C M/nrOO 255So n n/1700 12/0659 12/0900 j 12/0700 B/I1S9 12/MOO 4 a/UOO 12/M59 12/1700 am hiwun i?iim 1JA5 00 VBOO1,859 words
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Article788 2000-01-13 39 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and788 words
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Article189 2000-01-13 39 Jaa 24 New Zealand: Market and Public Holiday. Wellington Anniversary Day. Jaa 31 New Zealand: Market and Public Holiday. Auckland Anniversary Day. Jaa 5 Sweden: Financial Market Close. Fabf New Zealand: Public Holiday, Waitangi Day. Germany: Epiphany Day. Sweden: Epiphany Day. Maris Taiwan: Market Holiday for Presidential Election.189 words
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Article382 2000-01-13 39 MO Mn 990 .5 OJ 19.0 0.06 58 0.08 rwiKrt. Matar fiKm Ask 'Unilnlir 'iflmirl No now E2S 0 0 19 0 0 0 Jn 6 frnirty mt** 3 mq Am 9KJ 0.4 M.I 0.05 33 0.02 380 Mn 992.5 t7 17.5 0.06 72 0.03 «t/wi382 words
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AIR & LAND transport
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Article, Illustration486 2000-01-13 40 Many employers imposed travel restrictions in case computers failed during Y2K rollover Bloomberg [DALLAS] America's top airlines lost as much as US$3OO million (Ss49B million) in revenue as fewer people travelled in late December prior to the 2000 rollover, analysts said. TheBloomberg; FILE PHOTO - 486 words
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353 2000-01-13 40 Venture will initially feature auctions of spare parts Reuters [NEW YORK] Aircraft parts distributor AAR Corp and SITA, an airline industry information technology cooperative, said they plan to start an online marketplace for all air transport products and services. The Web site, toReuters - 353 words
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175 2000-01-13 40 AFX-Asia [TOKYO] All Nippon Airways (ANA) and Japan Air System (JAS) have agreed to consolidate ground services at two regional airports in order to cut costs, the Nihon Keizai Shimbun reported. The planned consolidation of the services at the Yamagata and Okayama airports willAFX-Asia - 175 words
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522 2000-01-13 40 AVIATION FUEL COMTAMDtATIOX CRISIS Grounding of planes is costing aviation industry Assom a month Bloomberg [SYDNEY] Australian light aircraft face weeks on the ground after using contaminated fuel from Mobil Oil Australia Ltd, which admits triggering the world's most widespread aviation fuel contaminationBloomberg - 522 words
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Article, Illustration279 2000-01-13 40 Bloomberg [TOKYO] Toyota Motor Co said sales in India of the Qualis, a locally built multipurpose vehicle, will begin this week to capitalise on booming auto demand in the world's second-most populated country. Toyota Kirloskar Motors Ltd, Toyota's Indian affiliate, on Tuesday displayedBloomberg; REUTERS - 279 words
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Article1701 2000-01-13 40 on FutwT cr* fubct era czasi aws am wb **8230 1905 IM **741 I3W ******2 0905 LH630I 1905 SOVWT76 1035 MOD W05 **740 WW Aasttftoa U.0043 0525 K***** 2335 H*y» M891 mo N092 0735 6*975 1210 A *4328 2345 *901 1110 TG400 1645 umaa a» aa1,701 words
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Advertisement8 2000-01-13 27 Rotterdam Port 'angels' minister to sailors Pg 28 words
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Advertisement76 2000-01-13 27 CM UK P&l CLUB The UK P&I Club covers both small and large fleets has reserves exceeding US$l billion offers financial strength and expert service voted Best P&I Club Maritime Asia Awards through global experience brings you local solutions has offices in Singapore and six other Asian locations Contact us76 words
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Advertisement186 2000-01-13 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 I I v Ejhiprrerit SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX;186 words
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Advertisement1123 2000-01-13 29 SAX SEBVKI (DIRECT) vesa ¥ot awn* um oak pai hou oo a a APIJAOt 0171 19/01 03/0? 06/02 00/0? 06/02 00/0? 00/02 01/02 09/02 09/07 AWCAMET 0171 26/01 10/02 15/02 15/02 15/02 15/02 15/02 15/02 16/02 14/02 Aft SUB 017t 02/02 17/02 22/02 22/02 22/02 22/02 22/02 22/02 23/02 23/021,123 words
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Advertisement401 2000-01-13 33 MYANMA FIVE STAR UNE I r (Myonmor National Lim) W Loading foe Yongon (Rangoon) vissa voy sw rti pen pgu HPA-AN 267W 10/01 SJTTWE »1W 17/01 MALAYSIA AGENTS: lOUSTEAD SUPPING AGENCIES KUL TE (03)*****00 MO; TEI (03) *****01 rOt ra (04)2****** PGU: TO. (07)*****21/4 BANK LINE (A strvk* of AWrtw401 words
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Advertisement51 2000-01-13 40 1) Is your company dealing in IT and/or communication products and services? 2) Are you interested in selling to the transport (Air/Sea/ Land) and logistics sectors? Call Shipping times now at 740 2089/740 1645 to secure a space in our upcoming supplement "IT COMMUNICATIONS in FREIGHT TRANSPORT LOGISTICS" 27 January51 words
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