The Business Times, 14 January 2000
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2000-01-14
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The Business Times
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Title Section14 2000-01-14 1 THE BUSINESS TIMES MITAJP) 035/12/1999 85C SINGAPORE FRIDAY, JANUARY 14. 2000 Internet: http://business-times.asial .com.sg/14 words
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Article64 2000-01-14 1 sn ***** (-33.24) BT-SU 929.46 (-12.06) SMSCI FUTURES ***** (-3.60) STOCK MARKET INDICES Thursday Change KLSE COMP ***** +2036 NIKKEI *****19 +156.87 HANG SENG 15,633.96 -8014 SET INDEX 458.40 -112 JAKARTA COMP 601.61 +1.45 MANILA COMP __2,064J0 -1152 TAIPEI WPI 9,107.19 47.46 SEOCLCOMP 961.05 196 CLSA CHINA B64 words
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Article78 2000-01-14 1 fOBEX RATES USS St US$ 1.668 £(USS/S$ per 1.647 2.746 EURO(US$/S$/E) 1.080 1.717 DM 1.899 0.878 YEN 105.7 1.678* RM 3.800 0.439 HKS 7.778 Oil 4 BAHT 37.45 0.045 RliPlAH 7.190 0 023 •SSto lOOunlls PUKE RATES SINGAPORE* 6.80 KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK 10.00 MANIW 11.00 HONG78 words
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827 2000-01-14 1 Conrad Raj - Singapore operations of Lewis Peat put into receivership By Conrad Raj [SINGAPORE] One of the oldest and biggest rubber traders in the world, Lewis Peat Rubber, has filed for Chapter 11 bankruptcy protection in the US and is in receivership in the827 words
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434 2000-01-14 1 Ling Su Ann - Internet startup offering 14m shares at $1.88 each By Ling Su Ann [SINGAPORE] The first dot-com company to go for a Singapore share listing this year is riding into the market with an Internet hotshot in tow Hongkong businessman Richard Li. Horizon.com,434 words
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1016 2000-01-14 1 Shoeb Kagda - Plan includes loan financing, buying of assets under Ibra control, tourism promotion From Shoeb Kagda in Jakarta PRIME Minister Goh Chok Tong yesterday announced a Ssl.2 billion investment package for Indonesia, which businessmen here said could be a catalyst for1,016 words
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Page 1 Advertisements
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Advertisement94 2000-01-14 1 INSIDE Top Stories Bank of England raises benchmark rate to 5.75%. Pg 14 PSA and partners win USs27om waterfront project in San Francisco. Moxt Page IPC's German white knight unveils debt restructuring deal. Pg 3 FJ Benjamin in talks for Man U store space at Orchard Parade Hotel. Pg 494 words
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Advertisement77 2000-01-14 1 /,>,<■/ r i J-r| r/: |11 J j .J J J J .> j UNIT TRUSTS I. 4 PICTURE Top 10 managers r What lies ahead Film distribution What's new j J J 1 v r in Singapore _e__ AN AUDEMARS PIG UE T WATCH? 1 Royal Oak (.ollcttion Bs*.77 words
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ON THE grapevine
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Article84 2000-01-14 2 STAFFERS looking after investment sales at property agencies are playing a round of musical chairs, it seems. And the game is not over, sources tell BT, so stay tuned. Colliers Jardine's senior manager (investment sales) Karamjit Singh has moved to Jones Lang LaSalle, taking up exactly the84 words
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Article56 2000-01-14 2 A FRIEND had this request to make of her friendly telecom service provider: Could it consolidate her International Calling Card (ICC) and mobile phone bills? Back came the response: "We are unable to console your mobile phone service to your International Calling Card service account.. ."And56 words
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Article100 2000-01-14 2 IT has to happen. The prospect of what might happen when software geeks run loose in medialand following the merger of AOL and Time Warner is giving US humour writers a real field day. A couple of gems we got from the Washington Post suggests the following inevitables.100 words
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Article, Illustration451 2000-01-14 2 Marissa Chew - It's ma consortium that landed a USs27om project in San Francisco By Marissa Chew PSA Corporation is set to operate its first overseas cruise terminal in the US in 2003 when a US$27O million (*****.5 million) waterfront project in San Francisco451 words
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Article, Illustration118 2000-01-14 2 "He is a big influence on me, when we were growing up and even now. It's the way he helps to point me in certain directions and formed even the personality to some extent and set an example of what can be done and how to do it.118 words
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315 2000-01-14 2 Analysts say interest rate hike is imminent in Feb Reuters [WASHINGTON] Christmas shopping and fears of the Year 2000 computer bug pushed sales at US reiail stores up strongly in December, reinforcing the assumption that an interest rate hike isReuters - 315 words
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325 2000-01-14 2 Raju Chellam - Deal signed for biology experiments on Nasa's Space Shuttle next year Raju Chellam [SINGAPORE! In a first of its kind for Singapore, a local research institute will have its biology experiments conducted in outer space aboard a US space shuttle to be325 words
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Page 2 Advertisements
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Advertisement130 2000-01-14 2 The Singapore Merchant Bankers' Association is pleased to announce the change of its name to: SINGAPORE INVESTMENT BANKING ASSOCIATION This change in name reflects the rapid changes and expansion in the investment banking business. With the liberalization of the financial sector and the growing importance of investment banking in Singapore,130 words
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SINGAPORE companies
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773 2000-01-14 3 Jennifer Lien - Move would free IPC from debt pile, but dilute interests of shareholders By Jennifer Lien IPC Corp's German white knight yesterday unveiled a debt restructuring plan that would free the beleaguered company from its huge debt pile but would also seriously dilute the interests773 words
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331 2000-01-14 3 Wong Wei Kong - By Wong Wei Kong THE annual Investment Fund Awards is here again and reflecting just how much the unit trust industry in Singapore has grown, 134 unit trusts will be vying for the 1999 honours. This compares with 87 in 1998,67 in 1997331 words
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713 2000-01-14 3 r sivanithy - r sivanithy THERE is a pressing need for the Singapore Exchange (SGX) to clarify its stand on the querying of listed companies whose share prices show abnormal movements, whether or not significant announcements are made by the companies afterwards. Also needed are713 words
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431 2000-01-14 4 Kalpana Rashiwala - Parties in talks; yet to be signed deal involves 10,000 sq ft street front space By Kalpana Rashiwala LISTED FJ Benjamin is negotiating to lease space at Orchard Parade Hotel for Manchester United's first Theatre of Dreams themed megastore431 words
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Article, Illustration763 2000-01-14 4 Wong Wei Kong - Trend will upset large institutional investors as will options repricing when stocks correct, he says Ihj Wong Wei Kong STOCK options are likely to become more sophisticated in the future, and will be granted to more employees and in larger amounts a trendSIEW YAW HOONG - 763 words
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461 2000-01-14 4 IRA offer documents likely to be sent out soon, says CEO EFFECTIVE Capital Sdn Bhd is confident that the majority of Singapore's Central Limit Order Book (Clob) investors will accept its irrevocable request and authority (IRA) proposal to break the Clob461 words
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675 2000-01-14 4 Ven Sreenivasan - By Ven Sreenivasan SINGAPORE-listed OCBC Bank, Singapore Airlines, Singapore Press Holdings and Nat Steel Electronics (NEL) are among the best Asian stockpicks for 2000, according to a strategy report just released by US investment house Goldman Sachs. The 69-page report, Asia Strategy: Our675 words
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COMPANYBriefs
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Article64 2000-01-14 4 SSANGYONG Cement has agreed to buy Bestmlx Pte Ltd for 593.38 million in cash. Bestmlx, which manufactures and sells concrete and other building materials, is owned by listed SPP. SsangYong said that by buying Bestmix, it would help Top-Mix, its subsidiary which supplies building and64 words
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Article80 2000-01-14 4 DBS Land yesterday said its 63.39 per cent subsidiary Australand Holdings has issued 193.6 million new shares at A 51.32 each under Its non-renounceable 2-for-3 rights issue. DBS Land's wholly-owned subsidiaries Ausprop Holdings and Austvale Holdings have been allotted 96.8 million and 25.9 million80 words
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92 2000-01-14 4 DBS Bank yesterday said its unit DBS Realty (Pte) Ltd now owns an 87 per cent stake, or 57.4 million shares, in Hind Hotels International Ltd following its unconditional cash offer. In a statement, DBS Bank said DBS Realty has received acceptances92 words
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Article, Illustration346 2000-01-14 4 Eugene Low - lib Eugene Low SESDAQ-bound Multi-Chem will sell 50 million shares at 50-55 cents each in an initial public offering later this month, said sources yesterday. Earlier, Multi-Chem chief executive Stanley Foo told BT that the company expects to raise someARTHUR LEE - 346 words
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278 2000-01-14 4 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Telecom expects revenue from its telecom retail shops to increase by 10 to 20 per cent in the year to March 2000 and year to March 2001. Revenues from SingTel's chain of 30 Teleshops was flat at $150278 words
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Page 3 Advertisements
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Advertisement192 2000-01-14 3 VINTAGE 1999 AUTOMATIC CHRONOGRAPH As Manufactory by vocation, GIRARD- With its innovative and robust design, PERREGACiX has invested all its expertise entirely hand-made in the Manufactory's in its latest chronograph movement, the workshops, this movement is particularly automatic GP 3080. Fitted with a column > suitable for shaped watches like192 words
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Advertisement29 2000-01-14 3 I^CZJUIAA* FRANCE H r uC\jCj £y~ i/L>Dauni Boutique: Paragon Ground Floor #OJ-16, I el: 737 1454 Dauni Corners: Robinsons Centrepoint, 4th Level; I aleasliiinaya Ngee Ann City, Basement 229 words
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Advertisement140 2000-01-14 5 HORlZONplanetlQ B/ Distributes more than 2000 titles from 20 international publishers, represented i 1 by ever 100 retail outlets. Content partners include: Broderbund, Centre For Education Technology (Israel), Discovery Channel, Kindersley, gl k Endydopedia Britannica, Fisher Price, Hasbro Interactive, IBM World Book/ Edmark/Crayola, Inspiration, mOTTui meaKi, iviiiidscGpO/ nenan spring/ Learning140 words
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SINGAPORE markets
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Article, Illustration180 2000-01-14 6 R Sivanithy - WABBAMT WATCH ih R Sivanithy WE featured previous Clob International favourite Berjaya Group here yesterday and today we look at another familiar name across the Causeway Antah Holdings. Like most warrants in Malaysia, this instrument has had its lifespan extended although not180 words
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Article, Illustration577 2000-01-14 6 r. sivanithy - STOCKS r.sivanithy THE outflow of funds from local blue chips in favour of better returns in laggard markets like Malaysia continued yesterday, with bank and property stocks hardest hit in a session where rotational plays were evident but severely hampered by577 words
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Article478 2000-01-14 6 S>ocfc> Vofcime Pertama 25c 28,222,000 Fastech US10c 20,238,000 Asia Food&Prop 17,695,000 DBS Land 15,088,000 KingboardUSIOc 14,250,000 Eastgate 10c 13,202,000 KianAnn20c 13,116,000 L&M50C 12,485,000 IPCCorpn5c 12,270,000 ChuanHup20c 11,623,000 Stocks DBS Grp 142,749,015 DBS Land 44,285,376 OCBC 41,469,102 PacificCentury 38,212,100 SiA 32,353,273 NatElec 10c 26,667,534 SingTel 15c 26,265,094 UOB 19,954,648 STEngg 10c478 words
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Article, Illustration245 2000-01-14 6 Wong Wei Kong - HOT STOCK By Wong Wei Kong FOR once, the most active issue of the day was not a technology counter but a retail stock, Pertama Holdings, which rose sharply as well. Pertama rose 4.5 cents or 12 per cent to 43 cents, after having opened245 words
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Article114 2000-01-14 6 Singapore ♦8.30 am. SHRI seminar on Managing Human Capital: Recruiting Retaining For Survival, Profit and Growth by SHRI ♦9am. Role of stock options in staff compensation packages seminar, organised by Wharton Singapore ManagemAit University ♦9.30 am. Launch of premium apartments/opening of sales display area114 words
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Article, Illustration330 2000-01-14 6 larry wee - CURRENCIES larry wee THE Australian dollar hit three-month highs against both the US dollar and the Singapore unit to take centrestage in Asian trading yesterday. By the close of Asian trading, it had risen a hefty one per cent to close atSource: Reuters - 330 words
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Advertisement234 2000-01-14 6 v £afj&* --v* bbbbbbbbbbbbmbbbbbbmbmbbbbhwwbmbwmbbbbbhmb jj|Sp jl p\/' .jjy. 8^ would take tremendous effort to find ai*:> \Z- fault with a lunch at the Gordon Grill. ?EEjr Known for a delectable menu which puts anyone in an agreeable mood, we have come %s- up with two new delightful additions. iw/ t"234 words
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Advertisement17 2000-01-14 6 Going to trade online? You need DBS investor Online Simply the best research CaM 323-3955 881 )USBANK17 words
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SINGAPORE news
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Article, Illustration460 2000-01-14 7 Andrew Wee - Project launched to boost Internet use among mechanical and electrical firms By Andrew Wee THE Ministry of Communications and IT (MCIT) aims to "dot-com" Singapore and will help small and medium enterprises (SMEs) join in the information economy, said MCIT MinisterSIEW YAW HOONG - 460 words
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Article, Illustration288 2000-01-14 7 Marissa Chew - Dy Marissa Chew THE Singapore dollar will probably strengthen slightly against the greenback this year from about 551.68 to 551.60, says the Political Economic Risk Consultancy (Perc). In its Dec 29 issue of its fortnightly Asian Intelligence report, Hongkong-based Perc saysSource: - 288 words
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Article53 2000-01-14 7 IN yesterday's report, "Nets. Visa unveil cashcard", we mentioned that the Visa Cash cashcard, in addition to having the features of the existing Nets cashcard, can also be used overseas. Visa has clarified that the international functionality is as yet unavailable now, but will be added on in the53 words
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275 2000-01-14 7 Wong Wei Kong - Also showing further recovery is bond issuance, np 35% By Wong Wei Kong THE syndicated loans market and bond issuance in Asia continued to recover from the regional crisis in 1999, according to figures released by Thomson Financial Securities Data yesterday. The275 words
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184 2000-01-14 7 Francis Kan - By Francis Kan The Indonesian embassy in Singapore and the Batam authorities will hold an investment seminar in Batam next week. The seminar, "The New Indonesia and its Opportunities", aims to promote foreign investment in Batam and the surrounding Riau Islands, said Indonesian Embassy184 words
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449 2000-01-14 7 Anna Teo - Kian Ann, Ecxa could see over USs7oom in online deals over next 5 years Reports bj Anna Teo SINGAPORE'S first two "approved cyber traders" heavy equipment parts distributor Kian Ann Engineering and Ecxa (Electronics Commodity Exchange Asia), a joint venture between Sumitomo Corp and449 words
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Article, Illustration292 2000-01-14 7 NEPTUNE Orient Lines and Singapore Airlines yesterday earned praise from Minister for Communications and Information Technology Yeo Cheow Tong "for having the vision to be global giants". As competition in a knowledge-based economy hots up, companies will have to innovateFILE PHOTO - 292 words
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Article, Illustration483 2000-01-14 8 Kalpana Rashiwala - It offered more than $80m reserve price for 45,508 sq ft plot; could team up with MCL Land: sources By Kalpana Rashiwala WING Tai has emerged as the top bidder for Grange Garden, offering more than the freehold property's $80 million reserve price,FILE PHOTO - 483 words
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Article, Illustration471 2000-01-14 8 Carol Eng - ssnsrnm Ist batch of Novena freehold units to be sold at $970 psf By Carol Eng PL KUA'S Euro-Asia group is launching the first phase of a freehold condominium at Novena tomorrow at an average price that is below the breakeven cost471 words
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169 2000-01-14 8 Tan Soon Hoe Singapore via Internet - Tan Soon Hoe Singapore via Internet I HAVE been a loyal Ml customer since its inception and have a suggestion that will be beneficial to many users. I was in Australia from Dec 22 to Jan 1. As I was on auto-roam, I was prompted169 words
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123 2000-01-14 8 Denis Distant Singapore via Internet - Denis Distant Singapore via Internet I REFER to the letter "Netrust gives greater security" from Yuen Ka Wei, general manager, Netrust Pte Ltd Singapore (BT, Jan 12, 2000). Wheri all is said and done, the fact remains that if the use of smart cards123 words
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283 2000-01-14 8 Ganesh Pillai Singapore via Internet - Ganesh Pillai Singapore via Internet I REFER to the letter "Time to invest in equities offering good yields" (BT, Jan 11) from your reader Mr Ang Hao Yao. I disagree with Mr Ang who gravely underestimates the intelligence of investors with his283 words
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195 2000-01-14 8 Y Woozeer Singapore - Y Woozeer Singapore I WOULD like to urge Singapore Exchange, SIAS in full and by extension, Bintang Melewar, to lower down their expectations of a release of Clob shares over 12 months. Going by what Effective Capital has achieved so far, a195 words
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Page 7 Advertisements
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Advertisement184 2000-01-14 7 THE GREATEST BIG BERTHAS EVER Hawkeye TITANIUM WOODS AND IRONS i MR Wlm |H Precision and power. Innovation and elegance. i\l/?)li Confidence and control. Combinations that J^H professional and amateur golfers around H the world expect from Hawk Eye Titanium |fl lUw Taal Woods and Irons. Hit the Hawk Eye184 words
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Page 8 Advertisements
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Advertisement216 2000-01-14 8 I AIR SALONPAS j(|f I I l I Relieves Your I Muscular Pain $0k I Anywhere k I Now available at I all leading pharmaceutical outlets I Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact:216 words
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Advertisement154 2000-01-14 8 Still using Outdated Batch Processing Accounting Software? Be safe. Switch to Fact. 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 more than 800 MIS Reports)154 words
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Advertisement13 2000-01-14 8 Buy It. Sell It. Find It. Classified. 1800-737-1166 Call Today For Results Tomorrow.13 words
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Advertisement33 2000-01-14 8 You can email us at btietterQsph.com.sg orfaxtousat *****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.33 words
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Page 9 Advertisements
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Advertisement66 2000-01-14 9 f• Horizon.com Limited i (Incorporated in the Republic of Singapore on 18 September 1999) INITIAL PUBLIC OFFERING 14,000,000 New Shares Issue Price: $1.88 each Applications for shares under the public offer may be made by way of printed Application Forms or Electronic Applications as referred to in the Prospectus dated66 words
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EDITORIAL & opinion
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Article, Illustration811 2000-01-14 10 robert samuelson - Kszsanai OPINION robert samuelson The Washington Post Writers Group THERE may be no better symbol of America at the present moment than the Nasdaq. Even a few years ago, most people might have mistaken "the Nazzdak" (the way ifs pronounced) for a former SovietThe Washington Post Writers Group - 811 words
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Article115 2000-01-14 10 4 lf I can make it here, I can make it *ywta«e' -HiHurCbt« the USfirst lady, who is a candidate for the New York senate elections, on why she decided to appear on the David Letterman show on TV. Among her other reasons: 'If Dan Quayle did115 words
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Article708 2000-01-14 10 EDITORIAL CENTRAL bankers meeting in Singapore this week under the auspices of the Bank for International Settlements (BIS) decided the time has come to consider preemptive action to ward off inflation. This signals that interest rate rises are in prospect for the United States, the European708 words
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Article, Illustration884 2000-01-14 10 Leon Hadar - Not necessarily; the new AOL Time Warner will be np against stiff competition and have to work hard to win the consumer's heart By Leon Hadar The writer is BT's Washington correspondent NOT even a science fiction writer with an ultra-fertile imagination could haveREUTERS - 884 words
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Article, Illustration931 2000-01-14 10 Loam from Singapore WHAT makes Singapore run? This is one of the relevant questions that Indonesians could ask themselves as they welcome Prime Minister Goh Chok Tong today. Singapore has long been this region's modern economic hub. And even with most of South-east Asia flattened by931 words
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MALAYSIA news
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MARKET moves
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Article123 2000-01-14 11 MEDIA stocks are still in favour, but yesterday's focus was on The New Straits Times Press (NSTP) as some brokerages had been recommending a switch from the more expensive Star Publications, a media analyst said. Such counters have been in the limelight of late because of123 words
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84 2000-01-14 11 INVESTORS yesterday chased up selected companies under the corporate and debt restructuring theme. Gam-ing-based Magnum was among the top five active stocks, rising 16 sen to 3.18 Malaysian ringgit after one broker reported that Bolton was close to finalising its planned acquisition of Magnum from84 words
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Article51 2000-01-14 11 Ruth Wong - Compiled by Ruth Wong PLYWOOD producer Pan Pacific Asia fell 17 sen to 1.63 Malaysian ringgit upon its re-quotation yesterday. The stock was suspended on Jan 6 pending an announcement On Tuesday, the company disclosed that its unit, Jafuong Plywood, defaulted on a RM46.7 million debt51 words
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657 2000-01-14 11 KUALA LUMPUR Fresh foreign funds driving up market amid talk of early end to levy AFX-Asia AN early end to the exit levy system for the repatriation of stockmarket funds is possible but in wider terms the issue does not seemAFX-Asia - 657 words
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195 2000-01-14 11 KEJORA Harta surged yesterday following news that it would rope in a foreign partner to help it bid for debt-rid-den Time Engineering's telco arm. The counter rose to as much as 3 Malaysian ringgit before closing at RM2.87, up 15 sen for195 words
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Article, Illustration400 2000-01-14 11 KUALA LUMPUR H&r&k&h editor and printer charged in court with sedition AP THE Malaysian government extended its crackdown on opposition figures into its second day yesterday, ordering the arrest of another top leader and charging two persons in court with sedition. Mohamed Ezam MohamedAP - 400 words
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Page 11 Advertisements
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Advertisement264 2000-01-14 11 ill 51N***** vi. U v iAw JM .k f EI^^BtXTRAVAGANZA! Guten Morgen! Morning flights on Singapore Airlines or Lufthansa are the For Firs/ C/«ss Passengers: 2 First Class return tickets and a 7-night best way to get to Frankfurt. You have a choice of flights, leaving at 10 am Package264 words
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SOUTH east asia
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Article, Illustration587 2000-01-14 12 JAKARTA Army spokesman sacked; new board at Pertamina intends to replace top official Reuters, AFP, AFX-Asia, AP IN a day which saw new chiefs installed at the powerful Indonesian Bank Restructuring Agency (Ibra) and the securities watchdog, Bapepam, indications are that moreReuters,; AFP,; AFX-Asia,; AP - 587 words
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433 2000-01-14 12 BANGKOK Reuters THAILAND'S banks are about to report their worst ever annual performance but some have started to see light at the end of the tunnel, analysts said yesterday. Analysts expect most Thai banks to show huge losses when theyReuters - 433 words
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320 2000-01-14 12 MANILA It expects volume to rise 33% after intl toll rates are cut AFP PHILIPPINE Long Distance Telephone Co (PLDT), the country's main telecommunications firm, has embarked on a "convergence" plan to combine telephone, cable television and Internet services, company president ManuelAFP - 320 words
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Page 12 Advertisements
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Advertisement59 2000-01-14 12 Premium Automobiles Branch Showroom 61 Übi Avenue 2. #01-11 Automobile Megamart. Singapore *****8. Tel 841 1 183 Fa» 841 3181 Parta Service 27 Leng Kec Road, Singapore *****8. Tel: 473 1 183 Fa»: 473 11 3 1 HHHHJ ——_di^ 1453mm-4796mm-1810mm. In human terms, it's the equivalent of a sexy 36-24-36.59 words
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Page 13 Advertisements
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Advertisement225 2000-01-14 13 I Jardine Fleming I I We've run with bulls and danced with bears. I I We were the lead manager for six issues in 1999. I I When you want to raise money, call us. I Singapore Technologies Engineering HHMBIHiIHHHHHHI B Bookrunner, April 1999 I B v*' Bookrunner, November 1999225 words
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EAST asia
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276 2000-01-14 14 TAIPEI Reuters TAIWAN computer leader Acer Inc yesterday contracted US giant AT&T Corp to help build its global Internet system and said the deal was worth about US$lOO million (Ssl67 million) to AT&T over seven years. The deal furthers Acer's strategy ofReuters - 276 words
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93 2000-01-14 14 SYDNEY Bloomberg LEIGHTON Asia Ltd, a subsidiary of Australia's largest construction company, Leighton Holdings Ltd, said it won a HK$3lO million (5566.5 million) contract to develop Hongkong's Cyberport project. Leighton Asia will build roads, drains and bridges for the HK$l3 billion project that willBloomberg - 93 words
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Article, Illustration563 2000-01-14 14 Meera Tharmaratnam - It is likely to be launched in HE in March and will expand Asia-wide From Meera Tharmaratnam in Hongkong SINGAPORE entertainment entrepreneur Robert Chua has struck upon an unusual idea for his first Internet venture. He plans to set upFILE PHOTO - 563 words
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383 2000-01-14 14 BEIJING Project could yield up to USslob in import contracts over a 20-year period FT CHINA has given final approval for the country's first project to import liquefied natural gas, setting the scene for what promises to be an intense bidding processFT - 383 words
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285 2000-01-14 14 TAIPEI Foreign investors drawn to Taiwan's lively sites, growing ranks of surfers Reuters TAIWAN'S lively Internet firms are hearing foreign wedding bells after this week's mega-marriage of new and old media in New York. Even before the merger of America Online Inc andReuters - 285 words
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SOUTH asia
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Article, Illustration408 2000-01-14 14 NEW DELHI Company chief sees strong growth in next two years AFP THE head of India's largest conglomerate, Ratan Tata, said on Wednesday that the "severe" depression in the country's car industry was finally over. "The economy is strengthening and there is a tremendous increaseAFP - 408 words
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172 2000-01-14 14 NEW DELHI Bernama GLOBAL software giant Microsoft will launch its Indian portal by March to provide a variety of information, including news. "We think it is time Microsoft launches a portal that caters to the Indian audience and we expect toBernama - 172 words
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ASIANotes
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82 2000-01-14 14 Reuters [COLOMBO} Sri Lanka's main opposition United National Party (UNP) has filed a petition in the Supreme Court challenging last month's presidential election on grounds it was not free and fair, party officials said yesterday. They said UNP general secretary Gemini Athukorale had filed the petitionReuters - 82 words
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Article59 2000-01-14 14 Bloomberg [CALCUTTA] Tea prices in India, the world's largest producer, may fall further in the first quarter as Russian importers, the biggest buyers, shift to other countries, industry officials said. Russian buyers are looking for cheaper varieties, as the US dollar has strengthened overBloomberg - 59 words
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Article62 2000-01-14 14 AFX-Asia [BOMBAY] The Income Tax Department in Bombay is likely to conduct more surveys of stockbrokers following Tuesday s unearthing 0f920 million rupees (Ss3s million) of undisclosed income by a Bombay-based broker, the Business Standard reported. The department has conducted a survey on 12AFX-Asia - 62 words
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52 2000-01-14 14 AFX-Asia [WASHINGTON] Treasury Secretary Lawrence Summers will visit India and Indonesia before a Group of Seven meeting in Tokyo on Jan 22. Mr Summers will arrive in Bombay (Hi Monday and travel to New Delhi and Bangalore over the next two days before leaving forAFX-Asia - 52 words
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Page 14 Advertisements
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Advertisement325 2000-01-14 14 NOTICES To advertise call 1011-free 1800-741 1883 Fax No 741 1298 j NOTICE IS HEREBY GIVEN that I, THAM SIAK WAN of Blk 50, Teban Gardens #02-577 Singapore *****0, have applied for a Public House 2nd Class Licence in respect of M/s Nagai Japanese Restaurant located at 246F Upper Thomson325 words
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Advertisement496 2000-01-14 14 NOTICE IS HEREBY GIVEN that I, BENJAMIN HO HOCK LYE of Blk 111 dementi St 13 #12-32 Singapore *****1, have applied for a Public House 2nd Class Licence in respect of M/s Tokyo.Sin Restaurant Pte Ltd located at No. 2 Raffles Link Marina Square #01-17/18 Singapore *****2, and that this496 words
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Advertisement426 2000-01-14 15 ADVERTISEMENT Mm U I Ida L 9 by the industry, of the industry, for the industry t Now. A in M&E and Building Industry Join the e-Community Shared Program §J Special limitation ■j* Date 15 January 2000 Time 8.30 am to I.oopm n Venue tSvSsStfd^ 614 0830 Re^stration I 0930426 words
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WORLD news
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768 2000-01-14 16 LONDON Analysts see further rise in February; move heightens expectations of similar increase by Fed and ECB Bloomberg THE Bank of England raised its benchmark interest rate by a quarter point, the third increase in five months, to keep inflation inBloomberg - 768 words
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Article, Illustration469 2000-01-14 16 SEOUL Kim replaces half his Cabinet ahead of April's polls Bloomberg LEE Hun Jai, South Korea's tough-talking financial regulator, was named finance and economy minister, as President Kim Dae Jung replaced half of his 19-member Cabinet ahead of the nation's April general election.Bloomberg; FILE PHOTO - 469 words
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Article, Illustration180 2000-01-14 16 M LONDON AFP A YOUNG British radio presenter famed for his ginger hair and laddish humour, Chris Evans, yesterday saw his personal fortune rise by a potential £5 million (5513.7 million) after the sale of his Ginger Media group. The company struckAFP; REUTERS - 180 words
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337 2000-01-14 16 LONDON The trasiness-focnsed ISPs have combined revenue of USsl3om Bloomberg CABLE Wireless Pic, the UK's sec-ond-largest phone company, said it will buy eight European Internet service providers (ISPs) as part of a US$l billion (Ssl.7 billion) investment to win moreBloomberg - 337 words
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239 2000-01-14 16 TOKYO AFP JAPANESE moneylender Nichiei Co Ltd, infamous for allegedly urging some borrowers to sell their body parts to repay loans, said yesterday it would close 30 branches. "In order to adapt to the changing climate in the financial industry, we decidedAFP - 239 words
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WORLDWatch
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65 2000-01-14 16 AFP [TOKYO] Japan's Fujitsu Ltd and Nikko Securities Co Ltd said yesterday they were investing one billion yen (5115.9 million) to establish their new joint-venture online brokerage from April. Fujitsu will take a 65-per cent stake in Internet Trading Securities Inc, with Nikko holdingAFP - 65 words
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62 2000-01-14 16 AFP [NEW YORK] Discount brokerage group Charles Schwab Corp said it signed a definitive agreement with US Trust Corp to merge, in an all-stock transaction valued at about U512.7 billion (554.5 billion). Under the terms of the agreement, US Trust shareholders will receiveAFP - 62 words
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85 2000-01-14 16 Bloomberg [LONDON] Phillips Drew, the UK pension fund manager that saw customers withdraw about £10 billion (5J27.4 billion) last year, said investment returns were hurt by the decision to avoid telecommunications and Internet stocks. The company's "balanced" funds that hold a mixBloomberg - 85 words
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73 2000-01-14 16 Reuters (FRANKFURT] The world's mobile telephone market faces major consolidation and only three of the 25 to 30 manufacturing companies in the sector will survive in the long term, the president of Sweden's Ericsson was reported as saying yesterday. Kurt Hellstrom told German business dailyReuters - 73 words
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Article103 2000-01-14 16 AP [SINGAPORE] The International Monetary Fund wants to get away from its "gun at the head" image of forcing countries to accept painftil economic reforms, an IMF official said yesterday. The fund is trying to make countries feel a sense of "ownership" of reformAP - 103 words
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210 2000-01-14 16 LONDON AP PRINCE Philip has removed his royal warrant, or seal of approval, from Harrods department store, whose owner has publicly accused the husband of Queen Elizabeth II of masterminding Princess Diana's death. Buckingham Palace said yesterday that Prince Philip's warrant was beingAP - 210 words
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313 2000-01-14 16 PARIS Bloomberg THOMSON-CSF, Europe's biggest defence electronics maker, said it's buying Racal Electronics Pic for £1.32 billion (553.6 billion) in cash, giving the French company a better chance of winning contracts in Britain and the US. The purchase price of 450 pence a shareBloomberg - 313 words
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Article, Illustration486 2000-01-14 17 Splitting giant seen as last resort; rivals seem able to look after themselves AFP (WASHINGTON) AOL's acquisition of Time Warner in the largest corporate merger ever appears to create a serious potential rival to Microsoft, a fact which may weigh on any decision toAFP - 486 words
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247 2000-01-14 17 SYDNEY Bloomberg NBC Internet Inc, a US-based online media company, said it will provide content and services to Seven Network Ltd, Australia's No 2 commercial television broadcaster, in its first move into the Asia-Pacific region. ,San Francisco-based NBCi will provide content from its Xoom.comBloomberg - 247 words
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219 2000-01-14 17 NEW YORK He says industry developments have 'changed the math' FT BERNIE Ebbers, chief executive of MCI Worldcom, has made his most aggressive pitch yet for regulatory approval of the telecommunications group's proposed US$l3O billion (Ss2l7 billion) merger with Sprint. In a speechFT - 219 words
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389 2000-01-14 17 AnLlll..uw=l..lJl US Senate Judiciary Committee will review AOL's purchase and its potential effects Bloomberg, Reuters [NEW YORK) AT&T Corp and other large US telephone companies may seek alliances with AOL Time Warner Inc to boost revenue and gain access to onlineBloomberg,; Reuters - 389 words
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Page 17 Advertisements
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Advertisement27 2000-01-14 17 1 Goh |oo Hin Pte Ltd 1 476 6012 Fax 476 6075 S3S Best Selling Abalone Brand >4/50 available at NTUC Fair Price, all leading retail islandwide.27 words
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Page 18 Advertisements
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Advertisement3848 2000-01-14 18 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE OF EXTRAORDINARY RESOLUTION PASSED AT MEETING OK BONDHOLDERS GOLDTRON LIMITED Trust Deed dated 7 April 1995 ("Trust Deed") Between the Company and HSBC Trustee (Singapore) Limited ("the Trustee") constituting 5548,420,000 6.75 per cent. Convertible Bonds Due 20003,848 words
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Advertisement1068 2000-01-14 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 ANO IN THE MATTER OF SCOR REINSURANCE FAR EAST PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) ot the Companies Act, Cap 50 that the Fma Meeting ot Members of the1,068 words
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FINANCE & commodities
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257 2000-01-14 19 Daphne Tay Jardine Fleming - SOX Derivatives fadingßeports MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stock market ended broadly lower yesterday, led by losses in DBS Group and other large-capi-talised issues. The overall tone was weak amid interest rate concerns and as investors cast a wary eye257 words
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150 2000-01-14 19 Lee Shu Weng Refco Singapore - MSCI Taiwan futures Lee Shu Weng Refco Singapore SGX MSCI Taiwan Index futures yesterday fell 1.8 points or 0.43 per cent, mirroring the 1.61-point loss in the underlying cash index. Taiwan shares were mixed, with electronics shares coming under selling pressure while insurance and150 words
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276 2000-01-14 19 EMEROT REPORT Bloomberg [LONDON] Crude oil rose almost 2 per cent yesterday after Saudi Arabia's oil minister told reporters that Opec members have agreed to extend beyond March output quotas that have caused prices to more than double in aBloomberg - 276 words
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Article333 2000-01-14 19 New York Reuters THE dollar rose modestly against the single European currency yesterday after key US economic data pointed to robust domestic demand with subdued inflation pressures. Retail sales rose by a stronger-than-expected 1.2 per cent in December after a revised 1.1 per cent gain in November, whileReuters - 333 words
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Article, Illustration1237 2000-01-14 19 ntTERBAME CROSS RATES Jar, u A$ C$ Bmb Euro Ffr Dm HK$ Ind Bs Bupnh Yen Won BM 112$ Ptfc 8s Pwo S$ twrt Sfr WT$ Bafct Pmm« US$ Australia 0.963 6.178 0 644 4.223 1.259 5.157 28.860 47.673 0.701 7.527 2.520 1272 34.377 26.913 L106 4.021 1038 20.429 24.8311,237 words
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Article1919 2000-01-14 19 SICOM FUTURES Jan 13 RUBBER (Mwts closing «it 5.30p*> RSS 1 CONTRACTS cwtsAq) Close Volume OpM Month HI** Low Sett (tomes) Interest FrtOO 1 i03J5 1 900 Mar 00 106.75 t00 Apr 00 109.50 109.50 110.75 600 May 00 H3.25 RSS 3 CONTRACT (US cmts/kQ) Volume OpM Mowtt Hiqfc low1,919 words
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STOCKS east asia
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Article, Illustration2826 2000-01-14 20 HONGKONG Reuters QHangSeng -80.24 HONGKONG stocks closed lower yesterday after a choppy day marked by US rate jitters and investors switching from former market darling China Telecom (Hongkong) Ltd to Cable Wireless. The benchmark Hang Seng Index closed down 80.24 points or 0.51Reuters - 2,826 words
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Article2048 2000-01-14 20 TOKYO AFP Q Nikkei 225 »155*7 SHARE prices in Tokyo rose 0.8 per cent yesterday as investors shifted their focus to bio-technology and other domes-tic-demand-linked issues from overbought high-tech leaders, brokers said. The Nikkei average of 225 selected issues rose 155.87 points to end atAFP - 2,048 words
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Article, Illustration977 2000-01-14 20 Reuters Q Shenzhen B Index -0.38 SHENZHEN'S hard currency B share index closed lower in thin trade yesterday, hit by growing concerns that many B share firms were likely to report poor 1999 profits. The index fell 0.38 of a point, or 0.43 per cent, to 86.35 on smallReuters; Source: Credit Lyonnais Securities (Asia) Ltd - 977 words
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Article369 2000-01-14 20 AFP QWP Index -37.46 TAIWAN share prices closed 0.4 per cent lower yesterday as investors took profit in technology stocks following recent sharp gains, dealers said. The benchmark Taiwan Stock Exchange Weighted Price Index fell 37.46 points to close the day at 9,107.19 points on turnover of NT5258.57 billion.AFP - 369 words
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Page 20 Advertisements
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Advertisement22 2000-01-14 20 BT fa •i^hTTW Yja i f f I I I A I i *1" Kj I I Bill TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING,22 words
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STOCKS klse
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Article, Illustration442 2000-01-14 21 AFP, AFX-Asia Q Composite Index +20.98 MALAYSIAN share prices closed 2.4 per cent higher yesterday on follow-through buying but with profit-taking capping gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index surged 20.98 points to finish at 890.60, off an earlier high ofAFP,; AFX-Asia - 442 words
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Article9059 2000-01-14 21 INDUSTRIALS Consumer products 1999 Last Vol Day Net Cap High Lew Company Sal* 'OOO Mtgh Low P/E Smll 340 310 Ajinomoto 334 8 10 334 326 21-2 135.4 103 91 Anqkasa 94.5 -1.5 27 95.5 94 139.3 380 290 Apollo Food Hlq 380 16 25 380 362 9.1 152.0 29259,059 words
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Page 21 Advertisements
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Advertisement55 2000-01-14 21 DUE to technical problems at source, we were unable to get yesterday's Kuala Lumpur share prices and their related tables. Thus, except for the market report and the accompanying chart, all other figures reflect transactions on Wednesday. mmrz pij_ Tempt over 460,000 readers for as little as $26. Call 1800-737-155 words
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Article2888 2000-01-14 22 SGX clob regional stocks imiiiiunii —in minnow- J BOWPS &WARRAMTS Jania m rnntt fnm/ Itftr, stM r--T ««r- m »C U- CT"" *2 tJZZZZZ JE T5l &i as g «s 5! s i i S 5 53 «5 3cm8 sssggggozzr- —iff j 4 2 2 u 172.3 11.7 m 30522,888 words
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Article306 2000-01-14 22 AFP P Composite Index -3J6 THE Korea Stock Exchange Composite Index yesterday closed down 3.96 points at 951.05. Volume was 221 million shares worth 3.3 trillion won. AFP ■ImU —I An«m S«mi 9300 -«20 BraKiTccii "00 -70 Ctntra) B*n» 3350 "350 Clwtl Camm .KMOOO 5000 DM Ou Bank 3245AFP - 306 words
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Article270 2000-01-14 22 AFP Q Manila 4(L52 PHILIPPINE share prices dipped 0.8 per cent yesterday on lingering concern over higher US interest rates. The Philippine Stock Exchange Composite Index lost 16.52 points to 2,084.50. Volume totalled 5.44 billion shares worth 2.7 billion •""""os. —AFP JMU PMO (000) MRCAMM .0.66 O.Ot 200 aiwimAFP - 270 words
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Article277 2000-01-14 22 AFP Q Wellington -18.42 NEW Zealand stocks closed down 0.9 per cent yesterday, baffling analysts who were expecting a rebound from earlier losses. The benchmark NZSE-40 Capital Index lost 18.42 points to close at 2,113.14 on turnover totalling NZ$B2.4 million. -AFP J—U Ki *h OOP) Advantage MOS 1*0 unchAFP - 277 words
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Article596 2000-01-14 22 AFP PAU Ordinaries -&8 AUSTRALIAN shares closed down 0.3 per cent yesterday in slow trade after two days of hectic action in response to the AOL-Time Warner merger in the United States, brokers said. The All Ordinaries Index fell 8.8 points to 3,095.80. The All Industrials Index slipped 13.1AFP - 596 words
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Article, Illustration788 2000-01-14 22 AFP n SET Intel -122 THAI share prices closed 0.3 per cent lower yesterday in thin trade, with profit-taking eroding earlier gains, dealers said. Many investors were sidelined ahead of a speech by US Federal Reserve chairman Alan Greenspan and the release of more US data this week, theyAFP - 788 words
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Article, Illustration708 2000-01-14 22 AFP F1 Composite Index +L 45 INDONESIAN share prices closed 0.2 per cent firmer yesterday but off their highs amid a technical rebound in selected stocks, with Lippo Group still heavily traded, dealers said. A dealer with a local brokerage said: "Today's market activity was dominated largely by LippoAFP - 708 words
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Page 22 Advertisements
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Advertisement12 2000-01-14 22 1 A weakly must-read for property buyers and sellers every THURSDAY THKBrsixKssTiMKs12 words
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Article8887 2000-01-14 23 MAIN BOARD Transaction date: Jan 13 6r or mm List Vol Day Last OuoU Mv Wv YM Net Cap Avg High Low St No Company Solo COOP) High Low Buyor Seller C*r P/C Smll Price MULTI-INDUSTRY 182 67 mc 1000 Acmo 50c 129 -It 1324 140 128 1288,887 words
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Page 23 Advertisements
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Advertisement51 2000-01-14 23 V very A yj Calendar M CM l+CiT 10 yea rs power reserve I w|MU| 989 v 200 m Sol* Ototrtbulor Main Sarvic* Cllllll. THE SWATCH GROUP SEA (S) PTE «38A Aw..rxy. Roafl »0503/04 Alwandra Tachnopar* Smgapora 1 ***** Tal 275*388 Fu *****96 City tervtc* CaMr. #01-23 Plan Smgapura T*51 words
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BizTools for SMEs
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Article, Illustration1073 2000-01-14 24 SOH TIANG KENG - SMEs run risks when they do business in international markets. soh tiakg keno explains why turning to a bank is a good idea SOH TIANG KENG BUYING and selling goods in international markets can be a hazardous business for small and medium-sized companies. Dealing with buyersFILE PHOTO - 1,073 words
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Page 24 Advertisements
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Advertisement154 2000-01-14 24 Business mortgage. Nobody on the block does it faster, in 48 hours or less. Eifpi Buying a property for your business is a big step. And Our expert Business Financial Managers can guide you whether it's industrial, commercial or residential property, every step of the way, with the perfect balance154 words
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Page 25 Advertisements
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Advertisement590 2000-01-14 25 'V: r s^SsB|^^B P^^ l&2ff!9V I il pabtathi mayab talks to three major players in the industry to get a clearer perspective r''*^ IHBBHH pM o^ BoBll^BB in Singapore has seen its ups and new cinemas will be built in a hurry. However, many chains could go into -V-£ downs,590 words
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Advertisement18 2000-01-14 25 —m WXM now Capital Square Three, it continues to charm with its variety of tastes, textures and colours18 words
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Advertisement14 2000-01-14 25 Cinema The Bone Collector: grisly fare, but there's one good reason to EL 414 words
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EXECUTIVELifestyle
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VIEWPOINT
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765 2000-01-14 26 jaime ee - oFFrrrTTOi Socially-conscious people there are aplenty now in Singapore. Bnt will the combined strength of thousands of voices be effective in changing government regulation with regard to Noah's Ark? jaime ee THERE ARE several ways to tell that you're in a developed country:765 words
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Article, Illustration2151 2000-01-14 26 COVER STORY Warner-Golden Village (WGV) THEY may be the john-ny-come-lately in the Singapore film distribution scene Golden Village (GV) Pictures opened the Yishun cineplex in 1992 but started distribution only in 1998. However, GV won Cine Asia's Exhibitor of the Year Award 1999. And when theyPHOTOS BY SIEW YAW HOONG - 2,151 words
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Article240 2000-01-14 26 HERE'S a quick look at the film distribution food chain. At the top are the producers: big studios, "mini-majors" like Miramax, and independent producers, who sell their product to the distributors in various territories. In Singapore, distributors are often associated with a major studio240 words
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PROFILE
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Article, Illustration1000 2000-01-14 27 TAN SU YEN - The mother, Violet Oon, is m m k practically a household name in \J Singapore. Now meet the daughter, Tay Su-Lyn, who is making waves in the fast, fickle Los Angeles fashion business. taw su teh meets the Singaporean designer whose label, T-bags, has found a welcome homePHOTOS BY SIEW YAW HOONG - 1,000 words
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Article, Illustration680 2000-01-14 27 Tan Su Yen - EPICURE RESTAURANT The Middle Eastern restaurant, now at Capital Square Three, continues to charm with sheer variety of tastes, textures and colours Bi Tan Su Yen THE SKY was aglow with streaks of tangerine and salmon. On our table, replete with pita bread, olives and variousSIEW YAW HOONG - 680 words
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ENTERTAINMENT
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Article, Illustration581 2000-01-14 28 Parvathi Nayar - CINEMA Ton don't need to be mobile to make an impact at least, not if yon are Denzel Washington, who is probably the only reason for watching The Bone Collector By Parvathi Nayar PORENSICS have become the new darling of the crime tale, and serial killers the581 words
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Article553 2000-01-14 28 Parvathi Nayar - CINEMA Flawless has its faults, but with two great actors in the lead roles, watching it is anything but a drag By Parvathi Nayar THERE is only one scene in Flawless when Philip Seymour Hoffman's drag queen character wears male gear. There are no rainbow gowns,553 words
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Article, Illustration832 2000-01-14 29 Anna And The King. Jodie Foster plays the Englishwoman who teaches King Mongkut's family in 1862 in this big budget extravaganza. Hongkong star Chow Yun-fat plays the king. Orchard, Causeway, Cathay, Suntec, Jubilee, West Mall, Toa Payoh, Empress, Lido, Century, Balestier, Choa Chu Kang, Jurong, Hougang, Eastshore, Beach Road,832 words
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Article116 2000-01-14 29 Cathay Org Cathay 338-3400 Eastshore 346-/8/6 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesB Tiong Bahru Yishun OwtfHil Movit Clementi/CoVealth 777-0669 Golden/New Town116 words
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PERSONAL INVESTMENT
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Article, Illustration1355 2000-01-14 30 peter douglas - YOURII'.M.m'J |L peter douglas ALTHOUGH recent data suggests that the Singapore unit trust industry grew by 100 per cent in 1999 to $6.4 billion, the picture is slightly more complex than the headline would suggest. First, average price appreciation was over 50 per cent, so much of the growth1,355 words
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Article, Illustration1206 2000-01-14 30 Robert Halili - JMSDEEiEKBa By Robert Halili The writer is director of Asian Ownership Research at Primark SENTIMENT rebounded due to a slight increase in buying coupled with a sharp drop in the selling activity. The sentiment rose from the previous week's close of -2.3 points toSource: - 1,206 words
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Article786 2000-01-14 30 STOCK if! sm JIT Holdings (Singapore) Electronics contract-manufacturer JIT was the second-best performer on the Straits Times industrial index in 1999. IDEAglobal.com thinks the rally won't stop anytime soon. JIT started the year well, saying earnings for the year to March 2000 would be boosted786 words
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UNIT TRUSTS
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Article, Illustration937 2000-01-14 31 BEN FOK - Remember that old adage about eggs in a basket? Diversification is still relevant and for the retail investor, a global unit trust is a good way to start, says ben fok BEN FOK The writer is a manager (funds specialist) with Fraser Securities. He can be contactedFILE PHOTO - 937 words
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Article2695 2000-01-14 31 Patrick Corfe - BACKnarnts Bu Patrick Corfe Who are unit trusts suitable for? Anyone interested in growing their long-term wealth. Unit trusts cover a spectrum of investments, are run by professional managers and offer convenience at low cost you can start investing from as little as $500. How do I2,695 words
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Page 26 Miscellaneous
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Miscellaneous202 2000-01-14 26 CRYPTIC CROSSWORD 17 Highlight of the Western? (8,4) jHf HI 20 They or fall to some de--31 Stopped wearing corsets (6) DOWN 1 Reaction feared by a galley 15 Hitch your way around-hav- 10 Radio astronomer, 11 Drawslave 9 (8) ing such feet? (5) bar, 12 No entry, 13 Basement.202 words
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Page 27 Advertisements
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Advertisement202 2000-01-14 27 KTn B f :™,m w v> ■ImTI IF* -W I V 0B St ■V? H I MM I I I £«J f&e week on a better note. 1 A Friday Jazz at Robertson Walk. 8 V HBBndkiH From soothing sounds of acid jazz to sexy R&B, olSnw.it v A Robertson202 words
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Page 28 Advertisements
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Advertisement651 2000-01-14 28 I*7l- a. i> L j 4 ..i panted DinenClub Diners Club Credit Card |SStoS|| napply,cau Where to wine, dine and entertain... jj»***** Savour the distinctive mix of flavo^^_ Feast on the exciting spread of g jr local dishes we have for you such as Nasi Lemak, f I Tauhu Goreng,651 words
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Advertisement123 2000-01-14 28 I lobsters, savoury honey-glazed ham, US Prime Rib of Bcrfandmanymo,t,noil,h Ijfaiß Lunch: 12 noon 2.30pm Dinner 6.30pm 10.00pm Reservations: 831 6271/88 MnjtJhru, ffi J 1)1 OrctunJ feud. S.n*iporr 2 JM67 C*£g C*£e 1130* m 230f»* The Singapore Marriott Hot*) it famous far it* fin* International cuisine. Now you can enjoy123 words
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Page 29 Miscellaneous
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Miscellaneous2215 2000-01-14 29 TODAY'S TV Premiere 12 r XT 8.00 Business Tonight. auuomnmPßD TiEwnro 330 PMTV 11 4.00 Little Bear. 1 I M Aauestion J"*** Drew and Nicki Captain Zed And The Tourism Industry of face a crisis that threatens Zee Zone. Macau: Macau (Pt l). Of colour their relationship. |Lo W Animal2,215 words
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Page 30 Advertisements
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Advertisement10 2000-01-14 30 H exclusively from IXI U IDEAglobal.com, see Web s/fe ideaglobat.com10 words
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EXECUTIVEmoney
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Article, Illustration781 2000-01-14 32 WONG WEI KONG - 1999 was a satisfying year for the unit trust industry, as public acceptance swells along with funds under management. WONG WEI KONG reports WONG WEI KONG THE unit trust industry in Singapore ended 1999 with a bang, with total funds under management up 22 per cent at781 words
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Page 32 Advertisements
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Advertisement465 2000-01-14 32 y'~"'*•'/** n^• nih*' "V "w-" Technology is having an unprecedented influence introducing ACM Investment Funds Asian Technology technology stocks firm wide, seventeen technology analysts on the lives of people all around the world. This is Portfolio (the "Fund"). The Fund is a Singapore-based located worldwide provide AHanceCaptari with the fundamental465 words
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Advertisement25 2000-01-14 32 Your Money Inside Markets An in-depth look at What were directors the unit trust buying and selling industry on cif last week? On mm 625 words
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SHIPPING TIMES
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Article290 2000-01-14 33 Bridge News, Reuters PANAMAX rates again rose sharply in the east with the longer round voyage rate now at US$l2,OOO daily for modern tonnage. Brokers noted an increase in new business on the key US Gulf to Japan run. Prompt capesize rates remained weak in most areas ofBridge News,; Reuters - 290 words
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Article277 2000-01-14 33 CWT Distribution 123 -0.04 14 OMMfl Hup 0.41 -0.02 ***** Cosco ln»astin«nt 1.06 -0.01 30 FnMLMi 0.28 unch 337 G8HoMngi 0-84 unch 0 Hat Stat Hup 0.79 -0.01 144 MC HoUnqs-HK 5.60 unch 0 Jay* Holdings 1.15 0.01 92 Jurong Shipyard 8.05 0.20 252 KappwCorp 4.14 -0.10 3773277 words
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436 2000-01-14 33 Marcus Hand - Passenger and vehicle carrier disappeared after departing Hongkong bound for Thailand By Marcus Hand [SINGAPORE] The spectre of piracy continues to hang over the region's shipping, despite tough actions by authorities in China and India, with a Thai-registered ship and crew now missing for three436 words
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Article, Illustration433 2000-01-14 33 Reuters [LONDON] Shipping group P&O said its cruise business, the world's third biggest, was set for another strong performance this year after its contribution to the bottom line rose again in 1999. The Peninsular Oriental Steam Navigation Co pic said cruising, which accountedReuters; AP - 433 words
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153 2000-01-14 33 Reuters [AHMEDABAD, India] Workers at major Indian ports will go on an indefinite strike from next Tuesday to press for a pay hike unless negotiations that are currently underway succeed, an official said. "Cargo handling will be paralysed, if the workers do not report forReuters - 153 words
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673 2000-01-14 33 Selva Kumar - ADWIBAT.TT CASEBOOK By Selva Kumar A SOLE shareholder of a Greek one-ship company has failed in his challenge of the English High Court's jurisdiction over a case in which an insurer had sued to recover costs from him although the673 words
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ALIENS smuggling
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Article, Illustration865 2000-01-14 34 Grisly finds on US-bound ships raise the question of how many other illegal migrants are packed into containers AP [Hongkong] CARGO containers are a common sight passing through Hongkong's waters, but grisly discoveries in the United States have raised a troubling question: how manyAP - 865 words
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Article302 2000-01-14 34 PACE ECt 4 am. 3 ECU Line 6 Accord 8 ESP Lines 13 Alvenkiei 14 Evergreen 6 Appensftip 5 Foo S 8 As*0CL 13 FftLmki M Austral 8 Link Avant 14 Gmaf1r40S 6 B tang Has 8 GwS, W 13 BSA 7 GtoM 13 STL 14 «Wy"«302 words
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Article20053 2000-01-14 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser V*s«< Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 31/01 04/03 NYK ISE 021N 65-*****23 To ABIDJAN (ABJ) 2003 Cot* D'lvolre 3V0i b/03 nyk ise ow u *****23 22/01 01/0320,053 words
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SHIPS IN PORT
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Article593 2000-01-14 47 Vtsstl Voy No Btrth Arrival Dtpartur* JMMf Nrt St Strdikari ***** J01 I3/OV830 13/01/1800 Panda I 0M20 JM 13/01/8:50 13/01/18:00 Shannon tip OVOO *3 lV01/9:35 13/01/23:00 IMrmHOt 56/00 JM 13/01/9:55 13/01/23:59 M Sv lit WWO J01 13/01/10:40 14/01/0:14 Bt P» TH0f2 ***** JOI 13/01/12:30 13/01/23:00 SeMt*aryai UANOO J07593 words
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Article1692 2000-01-14 47 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Boofcinq/Bolonco Rstls SDip Voy No Etb/Btr Portod Fro« To Fro* AC I VIOiCT on» 15/15:00 B/1500 12/1*59 12/1900 2A 12/1700 13/0*59 13/0900 21 12/1700 13/0*59 13/0900 J 13/0700 U/1159 Q/MOO 4 13/1200 U/M59 13/1700 alamjaVa z urn is/too b/boo amt1,692 words
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Article793 2000-01-14 47 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual793 words
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Article187 2000-01-14 47 JuM New Zealand: Market and Public Holiday, Wellington Anniversary Day. Jan 31 New Zealand: Market and Public Holiday, Auckland Anniversary Day. Jaa 5 Sweden: Financial Market Close. Ml New Zealand: Public Holiday, Waitangi Day. Germany: Epiphany Day. Sweden: Epiphany Day. MarlB Taiwan: Market Holiday for Presidential Election. Apr187 words
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Article446 2000-01-14 47 Carton KO Ho 990.5 0.8 19.0 0.08 58 0.08 JDemttv Water Ai» 'Umlnlim r ill mint No above E25 0 0 19 0 0 0 ==21 380 Am 985.3 0.4 14.1 0.05 33 0.02 380 M<i 9KJ U 17J 0.08 72 0.03 tori M/M M/tt WW446 words
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AIR & LAND transport
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321 2000-01-14 48 AFP [TAIPEI] The Alstom-Sie-mens Eurotrain consortium said yesterday it has filed a lawsuit against Taiwan High Speed Rail Corp (THSRC) after it gave a billion-dollar rail contract to a Japanese competitor. Eurotrain filed an injunction with Taipei district court on Wednesday to bar THSRCAFP - 321 words
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298 2000-01-14 48 Airports of Bombay, Bangalore, Calcutta, New Delhi and Madras offered to private firms AFP [NEW DELHI] India announced plans to lease out its five main international airports in a bid to improve services and earn revenue for the aviation sector. Information Minister PramodAFP - 298 words
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Article, Illustration46 2000-01-14 48 [PARIS] Planes back up, waiting for takeoffclearance at Roissy-Charles de Gaulle Airport, the second night the Paris region was blanketed by thick fog. Incoming and outgoing flights at Paris airports were severely delayed, and 170 flights were cancelled on Wednesday. AFPAFP - 46 words
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208 2000-01-14 48 Bloomberg [ATLANTA] Delta Air Lines Inc, the No 3 US carrier, said it will buy back as much as US$5OO million of its shares and take a pre-tax US$32O million fiscal second-quarter charge for the early retirement of 24 aircraft. Delta willBloomberg - 208 words
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216 2000-01-14 48 Bloomberg [DETROIT] Economists for the three largest automakers in the US said they expect US vehicle sales this year to be the second-best ever as price competition keeps new cars and trucks affordable. General Motor Corp, Ford Motor Co and DaimlerChrysler AG's economists said theyBloomberg - 216 words
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387 2000-01-14 48 AFP [SEOUL] A Korean Air jumbo jet identical to the one which crashed in London last month landed in Malaysia with a 1.5metre hole punched out of its fuselage by a loose wing flap, officials said yesterday. The Boeing 747-200F cargoAFP - 387 words
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303 2000-01-14 48 Move likely to result in heavy job losses AFP [FRANKFURT] The German car maker, BMW, is embarking on another overhaul of Its British loss-making unit Rover, which is likely to involve heavy job losses and a revamp of production of Rover parts. TheAFP - 303 words
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Article1563 2000-01-14 48 cm FU6HT eta man no ****** 2359 UMM AJ8230 1905 AM229 2230 1 S020M 23W LH6381 1905 LM63M 2230 FMMi SOM 1W0 $0990 0125 MOO WB M22» 2230 SMpkM SMS9 W0 C2354 MO MrtW 6A975 en KL0044 M30 COS 2045 $0004 MB KL0837 635 U.0038 23351,563 words
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Advertisement78 2000-01-14 33 CAMBODIA SHIP REGISTRY "Over 900 vessels registered totalling more than 2 million GRT since its inception" We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service, 365 days a year up-to-date maritime laws regulations Operational Headquarters: do Cambodia78 words
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Advertisement84 2000-01-14 33 HK bids to curb alton smuggling Page 2 £J£J UK P&l CLUB The UK P&I Club covers both small and large fleets has reserves exceeding US$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 in84 words
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Advertisement1335 2000-01-14 34 NORTH AMERtCA I EXPORT I I OTHtk UtWINAfiONS I SSX SUPER SHUTTLE EXPRESS- DIRECT TO LONQ BEACH WEST COAST OF CENTRAL AMBWCA (MAHQABffA tlBVICI) j vnso vot mi bum mmmmi mum nousww oocmq wiwi —coorr WM, vtssa w^HWwSSJ*susCTSSsß>nßßw^waßsuiißißßnß!^^ ooqwwtom taw u/oi 10/01 04/02 m/n m/m 01/02 11/11 17/ M S1,335 words
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Advertisement120 2000-01-14 34 Lines service! represented by Members of the Registry of Members of the Accredited Shipping Agents, Singapore Logistics Association S'pore National Shipping Assoc. NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO T0... DAMPIER/FREMANTLE MV"TBN" ETA SIN 25/01/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 cSSSSSS} CONVENTIONAL CARGO ww mw/awaww/imra mmm ETAPKL120 words
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Advertisement1493 2000-01-14 36 DSR-SENATOR LINES TO UK/CONTINENT TO MEUfITSKRANEAN^CANADA VESSEL VOT I SIN L£H I RTM I anr HAM Imv I FIX w m _®*L_ _J* !G!L TMKffiBC 3V*r KB Mil J»«1 H« PATMOS SENATOR W33W 1J«1 »»1 UK BB KB tt« HANJM ALPHA MSiW 1181 31*1 #1 <2 K8213 8Z t*o2 OSRAMHUCA1,493 words
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Advertisement62 2000-01-14 43 MALDIVES f«HRrW NATIONAL LINE 1 IRAN AFGHANISTAN See Our Ad on Page 4 under Turn To Page -3 Seaward Shipping Cross Ports Agencies Pte Ltd. Intercontinental Pte Ltd COLUMBUS LINE Singapore Pte Ltd Look Out For Our v M Schedule Every Tuesday Providing You With More Than 90 Direct Ports62 words
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Advertisement52 2000-01-14 48 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 11 2752 words
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