The Business Times, 20 January 2000
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2000-01-20
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The Business Times
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Title Section15 2000-01-20 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE Internet. htip.//business-times.asial .com.sg/ THURSDAY. JANUARY 20. 200015 words
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Article63 2000-01-20 1 D *****7 (-€4.90) BT-SRI B*sB (-30.81) nSDBXanJTUIBS mm aoiio (-lo.io) STOCK HiXXET INDICES > Wednesday Change KLSECOMP ***** -16J4 NIKKEI 18,817.76 -298.82 HANG SENG 16J7JJ4 -***** SET INDEX 486.33 +117 JAKARTA COUP ***** -2172 MANILA COUP —2,048.53 -2131 TAIPEI WP1 1,161.44 -9876 SEOUL COMP ***** -4176 CLSA CHINA63 words
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Article84 2000-01-20 1 FOBEX KATES us$ s$ USS IJ77 £(US$/S$per£) 1 639 1747 ElUOfUSS/SS/E) 1.014 1.760 DM 1.928 0.869 YEN |Oft Ji 1J88* RM J.800 0441 HKS 7.779 Ml« BAHT 17.41 0 045 RUPIAH 7,325 0.021 'St to 1M units •St tow unit* PBIXE BATES SINGAPORE* 5 38 KlIALA LTMPTR 7.67 JAKARTA84 words
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660 2000-01-20 1 Christopher Tan - i I exclusive Analysts see move as negative for Cycle 6 Carriage, which is expected to lose even more bargaining power Byi Christopher Tan [SINGAPORE] German automotive group DaimlerChrysler is eyeing Malaysia's Mercedes-Benz wholesale business, even though its ambitions may be hampered660 words
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Article, Illustration680 2000-01-20 1 Ven Sreenivasan - By' Ven Sreenivasan [SINGAPORE] The Singapore stock market could fall another 10 per cent before starting its next sustainable recovery. But the current correction presents a buying opportunity for investors who did not get into the market during the recent rally. This seemsSource: Bloomberg - 680 words
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313 2000-01-20 1 Siow Li Sen - Deal with Schroders set to pnt pressure on local players By Siow Li Sen [SINGAPORE] The world's biggest financial company Citigroup vaulted its investment bank Salomon Smith Barney into Europe's top 10 on Tuesday by buying the investment banking division of Britain's313 words
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Advertisement77 2000-01-20 1 nrsTOE Exec Suit* Malaysian property prospects looking up. Pg 28 Tranquility of Avalon condo at Stevens Road. Pg 26 BT Comment Start a dot-com, cannibalise business. Pg 8 Top Stories Bintan investments: SembCorp Industries allays fears. Mext Page UOB to have foreigners on its board. Pg 4 Craft Print's IPO77 words
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Advertisement35 2000-01-20 1 STT» 2Ji%fall blamed on Dow slide, ratefears, Pg 6 Index will hit 2,800points this year, Pg 7 Schroders to expand fund management here, Pg 4 Schroders sale marks the end of an era, Pg 1635 words
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Advertisement234 2000-01-20 1 ourselves. A HQH J group ■f IHHfIHI director of Cycle Carriage MOTORING Pg 22 The Stuttgart strategy j :<w* State of play of DaimlerChrysler's moves to manage Its Objective: To have controlling wholesale business In Malaysia, Singapore and Hongkong part of plan to merge distribution IALUik£ILI PTTteyfjffTai businesses in Hongkong,234 words
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NEXT page
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Article, Illustration754 2000-01-20 2 Carol Eng, Shoeb Kagda - Its investment has been written down to $33m, or 0.5% of its gross assets of $6b Byi Carol Eng, Shoeb Kagda TOTAL foreign investments in the Indonesian island of Bintan are substantial at over $1.35 billion, but SembCorp Industries (SCI) says theCHRIS LOH - 754 words
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505 2000-01-20 2 Audrey Tan - By Audrey Tan [SINGAPORE] The electricity supply may be restored and the water supply flowing, but some factories in Bin tan Industrial Park were still shut yesterday as the owners feared for their workers' safety. Bodynits International, for example, shut505 words
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ON THE grapevine
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Article115 2000-01-20 2 COMPETITION among property agents is hotting up again, even driving at least one agent to sell its services at a pasar ma lam (night bazaar) in an HDB estate. A newsroom sleuth came across a flyer from ERA advertising a "free consultation" at a pasar115 words
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Article155 2000-01-20 2 WILL NGOs, that's short for non-government organisations, turn Davos into a Seattle, the scene of riots during the recent meeting of the World Trade Organization? At least three groups the Berne Declaration, Friends of the Earth/US, and the Globalization Challenge Initiative—have already given notice that they155 words
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Article49 2000-01-20 2 RESIDENTS in New Zealand's largest city won't be able to avoid the unlucky number 13 from now on. Auckland's City Council had decided that absent or skipped number 13s in street addresses could be confusing for emergency services, the New Zealand Herald reported yesterday.49 words
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Article, Illustration572 2000-01-20 2 Jennifer Lien - raopiE By Jennifer Lien [SINGAPORE] Overhauling Omni Industries' research and development team Is one of tha first tasks fkclng former Hewlett Packard executive Khaw Kheng Joo, who has joined Omni Industries as executive director and president of its electronics division. "We are serving a lot of companies,SIEW YAW HOONG - 572 words
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253 2000-01-20 2 Andrew Wee - It will target SMEs and Internet start-ups in its promotional plans Byi Andrew Wee STARHUB Internet will launch promotional corporate Internet access packages today which target small and medium enterprises and Internet start-ups. "We are building relationships with businesses by offering competitive access packages which253 words
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Advertisement147 2000-01-20 3 &JV fl I ;.V V- i r""~~ -v.Aw/V t 1 -a'.. gl B^H V*Y I H H ■i I _J^^f* II Bh" I N >, J X < <»iiln •< 11 ll \f All ui 1 1 .i ift t»f» tl( ij'i cl« I■>• /i ii ».n 11 r. Itr147 words
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SINGAPORE companies
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274 2000-01-20 4 Siow Li Sen - By\ Siow Li Sen THE United Overseas Bank has confirmed that foreigners would join its board of directors, in line with the trend of top companies here tapping foreign talent. UOB chairman Wee Cho Yaw yesterday said: "As I have said earlier, we274 words
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367 2000-01-20 4 Wong Wei Kong - Sale of investment banking business worldwide will allow group to focus on core areas, says bank W Wong Wei Kong THE Schroders group is set to further expand its fund management business in Singapore, now that the UK bank has decided to367 words
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Article, Illustration287 2000-01-20 4 Teh Hooi Ling - First non-exec director named by nominating panel ity' Teh Hooi Ling JY PILLAY will return to the board of OCBC Bank tomorrow as a nonexecutive director. He is the first non-execu-tive director nominated by the newly-formed nominating committee, which has as one of its firstFILE PHOTO - 287 words
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356 2000-01-20 4 Marissa Chew - Strong response to year's first issne conies despite weakness in broader market By] Marissa Chew COMMERCIAL printer Craft Print's initial public offer, this year's first, has been 150 times subscribed. The manager of the IPO, DBS Bank, said yesterday that it received 35,069 applications356 words
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223 2000-01-20 4 THREE directors of Kian Ho Bearings, presumably relatives of ex-managing director Kwek Chee Tong, have stepped in to help him repay $2.4 million to the firm. Mr Kwek will first sell his shares in KHB Holdings to Kwek Che Yong, Kwek Che223 words
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785 2000-01-20 4 diana oon abdullah - hock im 1 mi'i diana oon abdullah FTER last week's change in management, with well-known corporate figHalim Saad in the ■i seat as managing director, it seems the fortunes of troubled Time dot Com are looking up again. Talk late785 words
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Article, Illustration420 2000-01-20 7 Jeanette Pang - He sees deregulation transforming S'pore's landscape; Dow at 13,000 By, Jeanette Pang WILL the stock market bull be able to rear its head this year? Yes, says Time Asia editor Don Morrison. The Straits Times Index (STI) will chart420 words
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276 2000-01-20 7 Teh Hooi Ling - By' Teh Hooi Ling THE shares of Datacraft Asia Ltd were hammered yesterday ahead of the company's interim results announcement today. The counter fell 90 US cents, or 10.7 per cent, to US$7.5O as investors deemed the stock's valuations to have run too276 words
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Article208 2000-01-20 7 MAINBOARD-listed GPE Industries said its associated company Meiloon Industrial Co has received final approval for a listing on Taiwan's over-the-counter market. Meiloon, which makes high-end loudspeakers, will offer 5.28 million existing shares to the public at NT$ll6 per share. The offer price carries208 words
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171 2000-01-20 7 PROGEN Holdings, which was listed on Sesdaq only two years ago, chalked up a loss of $264,000 for the seven months ended July 31. The seven-month audited results were released in connection with its non-underwritten rights issue. Turnover amounted to $2.7 million. In171 words
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334 2000-01-20 7 Harish Mehta - Consortium's offer said to be better than DBS-Ankar bid From Harish Mehta m Bangkok SIAM City Bank president Phaithoon Kijsamrej has "confirmed" an earlier BT report that Keppel Tat Lee Bank and US venture capital firm Newbridge would emerge as334 words
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Advertisement102 2000-01-20 4 I Wmm ■j^^CHERONCONSTANTIN^^ Jb v *K~~ x^; 1 4Mfl 11P'a jWr M feflfer ?:^F f /Jp j|* fJK I /M Jr Overseas Chronocfrjtc^l amain ji Automatic movement. Screwed case back, crown and buttons. Water resistant to 150 lll^llß Silver dial. In steel or yellow gold. ■MiL/ **1 *•>.*' ..k <102 words
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Advertisement207 2000-01-20 5 The world's No.l bank as selected by Forbes Global. v. s"• SS- V; 4 &s"%■ rJ.'S-* cr i» Atl i» 11 V» t* I'. til V tt» »t a »< J2 *aPzT+ 1 i V,«> zZT 1 K «*r %t 1 I •■•••■'•L-*# r a 1- 1 u* r 11207 words
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SINGAPORE markets
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Article489 2000-01-20 6 Stoofca Volume Datapulse5c 15,335,000 (XJBDBeCW*****3 12,500,000 SingTel 15c 10,758,000 DBS Land 10.587,000 BenefunHKIOc 10,491,000 Eastgate 10c 8,759,000 ChuanHup20c 7,533,000 STEngg 10c 7,486,000 Goldtron20c 7,194,000 HotunglnvNT5 5,861,000 Stock* DBSQrp 91,293,618 SIA 46,223,258 OC8C 41,909,269 OUB 40,317.596 SingTel 15c... 35,347,125 SPH 34,509,693 DBS Land 28,803,540 PacificCentury 25,766,688 City Dev 50c 18,105,483 DetacrafMOc489 words
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Article, Illustration178 2000-01-20 6 R Sivanithy - WARRANT WATCH By R Sivanithy WHEN Malaysian shares used to be traded on Clob International, one of the favourite punting counters was Multi-Pur-pose Holdings. Its warrant was also popular and the good news for interested parties is that instead of expiring last178 words
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Article, Illustration565 2000-01-20 6 r. sivanithy - l-i I comment STOCKS r. sivanithy WALL Street's dip and US interest rate fears were cited as the main reasons for the selling of blue chips yesterday, which ended with the Straits Times Index falling 64.9 points or 2.8 per565 words
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Article, Illustration240 2000-01-20 6 Wong Wei Kong - HOT STOCK Wong Wei Kong DATAPULSE Technology shares were the most heavily traded stock yesterday but failed to make any headway and ended slightly lower. The shares closed half a cent down at 76.5 cents, after opening at 78.5 cents and hitting an intraday high240 words
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Article106 2000-01-20 6 Thursday, Jan 20 Slappori ♦9am. Media interview on the new developments of San way International Holdings Ltd ♦11am. Cyber Business Network invite to preview launch issue of iLife in Singapore ♦1.15pm. TDB news briefing on Singapore's 1999 trade performance ♦3pm. Standard Poor's media briefing to discuss the106 words
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Article, Illustration344 2000-01-20 6 larry wee - I'll comment CURRENCIES larry wee A PAINFUL 162-point fall in the blue chip Dow Jones Industrial index on Tuesday sent Asian stocks and currencies into lower territory yesterday, with Indonesian worries also weighing down regional currencies. Spillover weakness hurt Asian stocks despiteSource: - 344 words
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Advertisement573 2000-01-20 6 I NOTICES To advertise call toll-free 1800-741 1883 Fax No; 741 1298 ANA HOTELS SINGAPORE LIMITED {incwpamu n N Ranac o» Sxg«x») NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of ANA Hotels Singapore Limited ("the Company") will be held at 10.00 a.m. on573 words
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Advertisement458 2000-01-20 6 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER Of THE AXSYS GROUP ———i,rn» ON MEMBERS' VOLUNTARY LIQUIDATION) Mmcf OF nUL MEETMG NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the Company will458 words
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Advertisement24 2000-01-20 6 T cothache" See ycu r dentist investment advice 7 You need DBS investor Online Get the Best Call us at 323-3955 88 DISS BANK24 words
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Advertisement230 2000-01-20 7 Is your server designed to grow Some things seem like they could on our bulletproof Solaris" operating with you over the grow forever. Take the ever-expanding environment, you can power your long haul. workgroup. While putting more and Windows, Mac and UNIX* desktops. more strain on systems every day, We230 words
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SINGAPORE news
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Article, Illustration652 2000-01-20 8 He adds WTO most redouble efforts to address failure of Seattle talks Reports from Eugene Low in New Delhi PRIME Minister Goh Chok Tong yesterday exhorted India to further globalise its economy to fulfil the country's vast economic potential. He added that WorldAFP - 652 words
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97 2000-01-20 8 NATIONAL Computer Systems (NCS) has formed a joint venture with India's secondlargest private sector bank to develop electronic commerce banking facilities for India's financial sector. Officials from NCS and the Hindustan Development Finance Corporation (HDFC) signed the agreement in New Delhi yesterday. NCS97 words
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Article, Illustration254 2000-01-20 8 Marissa Chew - By.J Marissa Chew MORE factory space was taken up and less given up in the fourth quarter of last year, latest figures from the Jurong Town Corporation show. Net allocation of flatted factory space after deducting termination of leases as well as land returnedSource: JTC - 254 words
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253 2000-01-20 8 Toh Han Shih - Sheraton Towers is first hotel outside US to offer system By Toh Han Shih SINGAPORE Telecom has tied up with US-based STSN to equip hotels here with high-speed Internet access, starting with Sheraton Towers Singapore. The hotel will be the first253 words
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262 2000-01-20 8 Kalpana Rashiwala - COLLECTIVE Hy Kalpana Rashiwala THE owners of Newton Heights have put their homes up for collective sale with an asking price of $67 million. The price for the 34,595 sq ft freehold plot works out to $774 psf of potential262 words
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Article, Illustration826 2000-01-20 8 kenneth james - I l< comment TECHNOLOGY Oracle chief shows the way Into the Net age kenneth james ISAN FRANCISCO] SO you realise you need to re-engineer your company to take it into the Internet age. Well, the man who's doing that for his own hugely successful826 words
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194 2000-01-20 8 THE Info-communications Development Authority of Singapore (IDA) will lift the import controls on cryptographic products from tomorrow, in a bid to spur the development of e-cpmmerce. IDA said the use of cryptography is essential for the development of e-commerce as it allows the protection of194 words
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Article, Illustration297 2000-01-20 8 Marissa Chew - I =J on the economy retail By Marissa Chew MOTOR vehicle sales continued to drive the retail scene, with the volume of retail sales climbing 21.1 per cent in November compared to a year ago. Excluding motor vehicle sales, which account for about aSource: Dept at Statistics - 297 words
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Advertisement98 2000-01-20 8 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa I Full nomlhee, management, corporate secretarial and .'professional administration services are available. I We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified98 words
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MAIL bag
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Article, Illustration393 2000-01-20 9 Ronald Chong - Ronald Chong Manager (Public Affairs) Central Provident Fund Board WE refer to the letter "Let professionals manage CPF savings" (BT. Jan 12) by Tan Choon Kiat. The CPF Board pro vides a risk-free return on members' CPF savings. There is also a393 words
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140 2000-01-20 9 Raymond Chow - Raymond Chow Vice-President Head, Corporate Communications Singapore Exchange Limited WE refer to Denis Distant's letter, "SGX should scrap use of Netrust" (BT, Jan 7). The Netrust certificate, issued by banks and NTUC, provides Internet users the ability to perform e-com-merce transactions with multiple organisations140 words
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122 2000-01-20 9 Chua Swee Kiat - Chua Swee Kiat Senior Manager Corporate Communications Ml Singapore I REFER to Tan Soon Hoe's letter "Let customers compare auto-roaming rates" (BT, Jan 14). Mr Tan will be pleased to know that we are already providing information on Mi's roaming partners and the rates122 words
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Advertisement129 2000-01-20 9 You can email us at btletter@sph.com.sg or fax 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. m Still using Outdated Batch Processing Accounting Software? i Be safe. Switch to Fact.129 words
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Advertisement57 2000-01-20 9 Maurice Lacroix. Tomorrow's Classics. Masterpiece Day Night —-v m Masterpiece Day Night: Handwound pocketwatch movement ML 07, stainless steel case, scratch resistant sapphire crystals (see through back). MAURICE LACROIX genuine silver dial, water-resistant to 30 m. Switzerland o Tiore information, please contact S.A. Desco (S) Pte Ltd, Tel: 222 032257 words
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EDITORIAL & opinion
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Article, Illustration813 2000-01-20 10 robert samuelson - WkiWl I bottom line OPINION robert samuelson IN OUR self-absorbed age, everything is the newest New Thing or the biggest Big Thing. This spirit inevitably invests the Internet with transcendent significance. Steve Case of America Online already calls the813 words
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Article129 2000-01-20 10 'You're always going to get some guy who's been in the City for 25 years and rues the day women were let out of the typing pool/ Tlrlßkfci a recruitment company director, commenting on the case of a senior woman banker who was forced to resign from129 words
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Article688 2000-01-20 10 EDITORIAL RETAIL investors lobbying the Singapore Exchange (SGX) to take a firm stand on enforcing fairness when it comes to allocating shares in an initial public offer (IPO) got something of a rude shock last week. Responding to a BT commentary, the SGX made688 words
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Article, Illustration1113 2000-01-20 10 William Drozdiak - Cultural aversion to risk and innovation blamed for EU's failure to capitalise on new technologies Ihj William Drozdiak The Washington Post ACROSS a continent that sees itself as the cradle of Western science and civilisation, many political and business leaders have reached the alarmingThe Washington Post; FILE PHOTO - 1,113 words
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Article, Illustration879 2000-01-20 10 Legal reform In HK FOR years, social commentators and lawyers themselves have expressed concern about fees and practices in the legal profession. The debate has gone on for years in Hongkong, without any notable sign of progress. Now that the Chief Justice is conducting a review879 words
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MALAYSIA news
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418 2000-01-20 11 KUALA LUMPUR Its share price rises to 29-week high of 8M4.74 Bloomberg MALAYSIAN Airline System (MAS) Bhd shares rose 5.3 per cent to a 29-week high, after the flag-carrier airline said it is in talks to join a global alliance that willBloomberg - 418 words
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MARKET moves
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108 2000-01-20 11 WATER management company Puncak Niaga's share was boosted yesterday following news it had won a 20 per cent stake in the third phase of the Sungai Selangor water supply scheme (SPP HI). The counter was among the day's top gainers, picking up 60 sen108 words
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Article126 2000-01-20 11 FOR the second day running, consumer stock Am way Bhd made it to the top gainers list, picking up 60 sen to close at RM13.90. The group's improvement in earnings for the first quarter ended November last year boosted interest in the stock, analysts said,126 words
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84 2000-01-20 11 Diana Oon Abdullah - Compiled by Diana Oon Abdullah NEWS that construction group Intria Bhd's creditors are studying debt proposals made to Danaharta, the country's asset management company, pushed interest in both the stock and its warrants yesterday. The two counters were among the day's most active,84 words
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Article, Illustration313 2000-01-20 11 KUALA LUMPUR Unit Time dot Com says it is evolving into a total Internet business Bloomberg TIME Engineering Bhd, a Malaysian telecommunications and Internet company, expects to double the number of its subscribers to 900,000 by the end of the year, boosted byBloomberg - 313 words
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508 2000-01-20 11 KUALA LUMPUR Buoyant economy, MSCI reinstatement drawing buyers Bloomberg MALAYSIA'S key stock index, the world's third-best performer this year, may rise another 40 per cent in 2000, as national utility Tenaga Nasional Bhd and others are buoyed by the country's growing economy. InvestorsBloomberg - 508 words
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254 2000-01-20 11 KUALA LUMPUR Reuters, AFP A SHAKE-UP at The New Straits Times Press (M) Bhd (NST) has resulted in a new corporate chief being appointed, and its top editor being replaced. Malaysia's leading newspaper publishing group said on late Tuesday it had appointed conglomerateReuters,; AFP - 254 words
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SOUTH east asia
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340 2000-01-20 12 MANILA Reuters PHILIPPINE President Jo seph Estrada yesterday de nied he had interfered with a Securities and Exchange Commission (SEC) investigation into the meteoric rise and fall of shares of gaming firm BW Resources Corp. BW, which saw its shares rise close to 5,000Reuters - 340 words
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Article, Illustration494 2000-01-20 12 JAKARTA Jakarta warns rioters will be shot on sight, police are on full alert Reuters, AFP THE town of Mataram on Lombok island, just east of Indonesia's Bali holiday resort, remained tense yesterday after two days of anti-Christian violence, as Jakarta warned it would takeReuters,; AFP; AP - 494 words
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203 2000-01-20 12 BANDAR SERIBEGAWAN Reuters BRUNEI said yesterday that there was no reason to adjust the parity between the Brunei and Singapore dollars. "The link between the Brunei and Singapore dollars remains valid," Deputy Finance Minister Selamat Munap. "There is no reason to reduce itsReuters - 203 words
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NOTEBook
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81 2000-01-20 12 AFX-Asia [MANILA] The World Bank has expressed concern over Lucio Tan's acquisition of a controlling stake in Philippine National Bank, central bank governor Rafael Buenaventura said. Mr Tan, he said, built up his holding in the bank from 35 per cent last month toAFX-Asia - 81 words
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65 2000-01-20 12 Bloomberg [BANGKOK] Thailand said it would start accepting bids by July from contractors seeking to take over a transit project started by Hopewell Holdings Ltd, which was postponed because of contract problems. Five engineering firms and two state agencies are assessing the original planBloomberg - 65 words
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67 2000-01-20 12 Bloomberg [JAKARTA] The rebuilding of Indonesia's banks and companies will quicken this year, as a recovering economy allows the government to move from crisis management to reform, the International Monetary Fund said. The IMF and the government of President Abdurrahman Wahid will signBloomberg - 67 words
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59 2000-01-20 12 Reuters [JAKARTA] Indonesia said yesterday it expected to appoint a new head of state oil and gas firm Pertainina next month. Eight candidates are in the running, among them former finance minister Bambang Subianto. Mines and Energy Minister Bambang Susilo Yudhoyono toldReuters - 59 words
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Article76 2000-01-20 12 Bloomberg [MANILA] The Philippine economy may stall if the government fails to improve tax collections, sell unprofitable state enterprises, and improve supervision of banks, the Asian Development Bank warned. Without those reforms and others needed to boost investor confidence the ADB said the economyBloomberg - 76 words
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Article89 2000-01-20 12 Reuters [JAKARTA] A mystery foreign bidder is prepared to top an offer by a US investor group for a large stake in Indonesia's leading carmaker, PT Astra International, according to a leaked document obtained by Reuters. The letter from PT Credit Lyonnais Capital Indonesia toReuters - 89 words
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Advertisement369 2000-01-20 12 RfflifFT—-J- 7 4 Are you experiencing any of the following? Inability to concentrate/ irritability- Lack of interest- Sleep disturbances/ fatigue If you are, you may be suffering from middle age blues! All natural SWISSOATS Alll, can help you with vitality, muscle strength and sense of well being I ,o Now369 words
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EAST asia
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486 2000-01-20 13 TAIPEI But it also adds curbs to stem insider trading, volatility of share prices Reuters AFP TAIWAN yesterday announced a fresh financial sector liberalisation, giving a green light to mergers of investment and trust companies but also adding tough restrictions to combatReuters; AFP - 486 words
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373 2000-01-20 13 Meera Tharmaratnam - From] Meera Tharmaratnam in Hongkong SINA.COM has emerged once again as China's most popular Internet portal in a survey conducted by China Internet Network Information Center or CNNIC, a non-profit, agency which registers sites. Sina.com, which is planning a Nasdaq listing,373 words
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Article, Illustration652 2000-01-20 13 Meera Tharmaratnam - USsll3m deal seen boosting sales of HE cordless phone maker toUSSLSb From] Meera Tharmaratnam m Hongkong HONGKONG-BASED VTech Hold ings, a cordless phone maker, has acquired some of Lucent Technology's consumer phone business in the US for US$ll3 mUlion (*****.4 million). VTech also acquiredFILE PHOTO - 652 words
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Advertisement11 2000-01-20 13 ftwgtWiwQ •fVv -Htfc off»'ct Just click www.wizoffice.com (J IJIJ MfizOffioe.com *—<*+—oncrnmrnrn*11 words
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Advertisement72 2000-01-20 13 fj/ i If. ~1l I' J r m I —l li "I -J I il^H^MP^^^^yarßli^H You never <g> PATEK PHILIPPE actually own a Patek Philippe. geneve You merely look after it for the next 'jffL generation. The Annual Calendar. The first self-winding Hj£^^^^3B^flK annual calendar watch with power reserve and72 words
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SOUTH asia
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Article, Illustration603 2000-01-20 14 ISLAMABAD Analysts: Greater confidence that new military rnlers will revive economy AP FINANCIAL investors appear to be returning to Pakistan, analysts said yesterday citing a 17 per cent surge in the Karachi Stock Exchange (KSE) in six straight days of bullish trading. TheyAP - 603 words
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ASIANotes
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70 2000-01-20 14 AP [LUCKNOW] The government of India's most populous state fired thousands of striking electricity workers and prepared to replace them with new hires. "All of them have been sacked," said Atul Chaturvedi, the power secretary of Uttar Pradesh state. Most of the 96,000 employees ofAP - 70 words
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56 2000-01-20 14 Reuters [KARACHI] Ousted Pakistan prime minister Nawaz Sharif and six otters were formally charged with attempted murder, kidnapping, hijacking and abetment yesterday, and they pleaded not guilty. The judge threw out an allegation of waging war against Pakistan, but under Pakistani law a conviction forReuters - 56 words
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Article73 2000-01-20 14 AFX-Asia [BOMBAY] Haw Par Brothers of Singapore is acquiring a 51 percent stake in Elder Health Care Ltd through a preferential offer of equity shares, The Financial Express reported. Haw Par is the owner of the Tiger balm trademark. Elder Health is making theAFX-Asia - 73 words
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35 2000-01-20 14 AFX-Asia [BOMBAY] Reliance Industries Ltd has brought home US$5OO million (SsB36 million), part of the US$l.3 billion foreign currency loans it raised and parked abroad, The Economic Times reported. -AFX-AsiaAFX-Asia - 35 words
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425 2000-01-20 14 COLOMBO Key points include halving of duties on tea, garments to 7.5% and 20% Reuters A LONG-DELAYED free trade agreement between Sri Lanka and its giant neighbour India is expected to be sealed next month, a top government official was quoted as sayingReuters - 425 words
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Advertisement1527 2000-01-20 14 I NOTICES '"""1883 Fax No^4^29^ IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF OH CHIN HUAT FARMS (PTE) LTD (In Members' Voluntary Vending Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the1,527 words
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Advertisement337 2000-01-20 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 FLOQtOX PTE UWTEO MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 15 January 2000, the following resolutions were duly passed 1. SPECIAL RESOLUTION-WINOING-UP That the Company be wound up voluntarily pursuant to Section337 words
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Advertisement333 2000-01-20 14 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 FUGHTSPARES PTE LTD MEMBERS' VOLUNTARY LIQUIDATION Al an Extraordinary Ganaral MaaMnq of the Company deemed to be told on 15 January 2000, the following resolutions were duly 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily pursuant to Section333 words
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WORLD news
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Article, Illustration714 2000-01-20 15 WASHINGTON But some analysts see data showing little improvement given expansion's strength and length NYT IN its most detailed look so far at how families have fared during the nation's long rim of prosperity, the Federal Reserve said on Tuesday that the strongNYT - 714 words
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351 2000-01-20 15 SEATTLE But new CFO warns of slower PC sales for next several qtrs LAT-WP MICROSOFT Corp continued a trend that has baffled Wall Street observers for more than four years: Its earnings on Tuesday once again exceeded published estimates. The world's largest software companyLAT-WP - 351 words
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251 2000-01-20 15 WASHINGTON LATWP MICROSOFT Corp on Tuesday filed papers formally disputing the scathing anti-trust findings issued by a federal judge in November, saying it has not used monopoly power to crush rival personal computer software makers, as the judge contended. In a 70-page brief, the Redmond,LATWP - 251 words
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Article, Illustration600 2000-01-20 16 TOKYO It reaches 10L4 million yen, following a five-day rally Reuters INTERNET firms in Japan are feeling like a hundred million yen these days and none more so than Yahoo! Japan, whose stocks yesterday became the nation's firstReuters; Source: Bloomberg - 600 words
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305 2000-01-20 16 TOKYO Reuters THE Japanese sibling of the US high-tech Nasdaq market aims to list 100 firms in its first year of operation from June, including 10 capitalised at over one trillion yen (5515.9 billion), the founder said yesterday. "We'd like toReuters - 305 words
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324 2000-01-20 16 GREENSBORO, North Carolina Broaddus calls for rate hikes before inflation sets in Reuters THE president of the Federal Reserve Bank of Richmond, Alfred Broaddus, repeated yesterday that very strong US demand was creating an increasing risk of overheating. Mr Broaddus repeated a speech heReuters - 324 words
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Article, Illustration505 2000-01-20 16 PEOPLE Bloomberg [LONDON] Bruno Schroder, whose family founded Schroders pic 182 years ago, likens banking to war. Asked last year if he would consider selling the family firm to one of its bigger US rivals, Mr Schroder compared his position to thatBloomberg; REUTERS - 505 words
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193 2000-01-20 16 TOKYO AFP JAPAN'S Prime Minister Keizo Obuchi told his party yesterday to get ready for a general election, indicating he may call it at any time. "It is a major right given to the prime minister to decide when (to hold theAFP - 193 words
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528 2000-01-20 16 MORRIS PLAINS, New Jersey Analysts see bid by Warner-Lambert to avoid Pfizer tie-op Bloomberg, Reuters PROCTER Gamble Co, the biggest US maker of household goods, held talks with Warner-Lambert Co about buying the drugmaker and possibly its merger partner American HomeBloomberg,; Reuters - 528 words
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WORLDWatch
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Article61 2000-01-20 16 Bloomberg [SANTA CLARA] Intel Corp, the world's No 1 chipmaker, unveiled faeter proceeeors computers' battery powerhy letting users regulate the chips' speed. Using Intel's so«al)edBpeedStap technology, the new mobile Fentiuchips, performing at speeds ofOOO Mils and66oMHs.Ussrs may drop their speed to 500 MHz to saveBloomberg - 61 words
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Article41 2000-01-20 16 AP [LONDON] Visa International said on Tueeday that a computer hacker demanded a USQO million (5617 millfam) rMHflWifcr fttuw ali*wi<r Vl——M«*i« Information stolen last July from its European li—lw.l—»Sk« "f and posed do threat to customers.—APAP - 41 words
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57 2000-01-20 16 Reuters [LONDON] Unemployment In Britain mil to 4 psr cent of the workforce in December, its lowest level in almost 20 years, oglrial date showed yesterday. The Oflkefor without a job tumbling2l,9ooto 1.164 million, the lowest since March of that yeer. This data nflectsReuters - 57 words
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Article64 2000-01-20 16 Chase 4th-qtr profit surges Reuters [NEW YORiq Chase Manhattan Corp, said yesterday Its fourth-quarter upet ating pwfits Jwnn>wl 46 per cent to US$l.66 billion (S62J billion), well beyoftdWaH Street's forecasts, driven by investment banking tee and investments in start-up companies. Chase earned US$l J? a share In the qparter, whileReuters - 64 words
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51 2000-01-20 16 Reuters [SAN FRANCISCO] CharissBchwab Corp has reported s 60 per cent rise to fourth-quarts* pioflta,whtcbcsinf in just ahead of Wall Street estimates. Schwab said its earnings rose to US$l7O mixtion (Ss3B million), or 20 US cents a share, from $108 million, or 11U8Reuters - 51 words
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Article44 2000-01-20 16 Reuters [NEW YORK) AMR Corp, parent of AnMrfcan Airlines, yesterday said ftxirth-qiiartar prate bAreane-ttms items fell 87 per cent due to skyrocketing fael costs and a New Year's traffic 101 l sparked mainly by Y2K fears dampened results.—Rtuto 4Reuters - 44 words
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Page 15 Advertisements
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Advertisement145 2000-01-20 15 MaybankSprinTT Remit the exact amount to Malaysia in record time. The fastest telegraphic transfer to Malaysia is here. It's Maybank's super SprinTT. Able to cross state borders in a single transaction. With over 260 branches across the country, Maybank SprinTT remits your money to any state capital or rural town145 words
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Page 16 Advertisements
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Advertisement11 2000-01-20 16 ZHONGGUO (CHINA) Remittance Centre Specialise in to fro Reminbi remittance service11 words
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FINANCE & commodities
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249 2000-01-20 17 Daphne Tay Jardine Fleming - SO J Derivatives TnMagßeports MSCT Singapore Index Daphne Tay Jardine Fleming THE Singapore stock market had another depressive session yesterday, dampened by Wall Street's mixed overnight performance, prevalent rate hike concerns, weak regional markets, and the uneasy situation in neighbouring Bintan island. Shares of249 words
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209 2000-01-20 17 Matthew DenBleyker Refco Singapore - MSCI Taiwan fatures Matthew DenBleyker Refco Singapore MEMORY chip-makers led the Taiwanese stock market lower again yesterday on concerns that foreign rivals are teaming up to share new chip technology. Also putting downward pressure on the heavily weighted electronics sector was the declining price209 words
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201 2000-01-20 17 ENERGY REPORT Reuters [LONDON] Oil prices jumped to a fresh nine-year peak yesterday amid concern at Opecinduced supply tightness and forecasts of a long spell of cold US weather. Benchmark Brent crude for March delivery opened in LondonReuters - 201 words
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Article308 2000-01-20 17 Reuters New York THE dollar held onto some of its overnight gains against the Japanese yen yesterday, buoyed by concern that Tokyo may be able to enlist the Group of Seven's help in taming the yen at its meeting on Saturday. Talk that finance ministers and central bankersReuters - 308 words
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Article, Illustration1203 2000-01-20 17 DTTBRBAMK CROSS RATBS Janl9 tl C$ W hn Br Bi i> im fHm 9U KZ$Nfct» Hu> S$ kk sir WT$ Ntt Hmt W$ SSt?* 1037 0 H4 JS SS 1-285 34.*****.076 1115 4.051 1.059 20.5)6 24J84 0.406 0465 a£? am ii£ 7-827 1822 1333 35 788 079 L157 4.206 10961,203 words
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Article1816 2000-01-20 17 SWUM rUTU EBB Janl9 RU88CR (Mures closing «s it SJOpn) RSS 1 cmis/kq) Closo VoiMM Open MwMl (M* U* Sttt (tOMOi) Mtorost Ft* 00 106.25 MO Mar 00 109.25 109.25 109.25 600 300 fcrOO 10.25 My 00 10.75 RSS 3 CONTRACT (USc«ti/kf) Voiumt Op*n MwO HJlfc Uw Sott (tomms) Mtorwt1,816 words
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STOCKS east asia
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Article, Illustration2647 2000-01-20 18 HONGKONG Reuters QHißgScßg -51X86 HONGKONG stocks closed lower yesterday after the US long bond yield hit a two-year high overnight, spooking Wall Street and local investors. The Hang Seng Index closed down 513.86 points or 3.25 per cent at 15,275.34 afterReuters - 2,647 words
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Article, Illustration948 2000-01-20 18 Reuters nStauhißMn -HU3 SHENZHEN'S hard currency B share index closed slightly higher yesterday and brokers said it seemed to have met support as it approached the 85-point level. The index rose 0.13 of a point, or 0.16 per cent, to 85.56 as turnover fell to HK$l9.6 million from Tuesday'sReuters; Source: Credit Lyonnais Securities (Asia) Ltd - 948 words
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Article1970 2000-01-20 18 TOKYO AFP Qifikiuiag -ma SHARE prices in Tokyo fell 1.6 per cent yesterday as a downturn in a particular US Nasdaq stock index accelerated prof-it-taking here on high-technology and in-formation-related issues, brokers said. 'The market remains in a short phase of adjusting its speedAFP - 1,970 words
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Article358 2000-01-20 18 AFP C 3 VP Index -98.75 TAIWANESE share prices closed 1.1 per cent lower yesterday on further worries that an alliance between six of the world's leading microchip makers would undermine the country's technology industry, dealers said. "Selling pressure, especially in technology stocks, heightened as investors feared the allianceAFP - 358 words
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Page 18 Advertisements
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Advertisement20 2000-01-20 18 I Ph essay a creat ve way to recruit the right talents. ~j~p ||||^hb^H TJ^WWtaKg HHHHHHH MBBBUIBB I J 1800-741-188320 words
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STOCK klse
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Article7967 2000-01-20 19 INDUSTRIALS Cmsmmt praAxti 2000 LMt Vol Day Nat C«p NH>| Lew ctmwny SM "OOP Hjg Law P/I Smll 372 310 Ailnomoto 350 10 6 372 350 22* 1419 106 91 Angfcesa 103 -2 61 106 102 1519 392 290 Apollo Food Hlg 374 -12 4 374 370 8.9 149.6 29257,967 words
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Article, Illustration416 2000-01-20 19 AFP, AFX-Asia Q Composite Index -1&24 MALAYSIAN share prices closed 1.7 per cent lower yesterday on continued profit-taking amid weakness in regional bourses, dealers said. The Kuala Lumpur Stock Exchange Composite Index feU 16.24 points to finish at 933.38, but the Second Board IndexAFP,; AFX-Asia - 416 words
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Page 19 Advertisements
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Advertisement17 2000-01-20 19 jj Your weekly guide to pubs and lounges ,1T every Friday in The New Paper Fastads fSSSt&CtS17 words
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SGX clob & regional stocks
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Article3444 2000-01-20 20 BONDS WARRANTS ~~*m'm »t (nil M [i*m 12 Last 1* Day lattOneli *n »uM Car bir IK mm Mfk l» Ilw 9mmm M COM) Ntfk Law Mt«« Mar Ma (aattd Utw Mce •mhaft laR 104 10.5 s 3160 "Acer ******1 USS... 41 until 53 415 41 4M 41S~ JJJ j3,444 words
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Article308 2000-01-20 20 AFP CI Composite Index -42.75 THE Korea Stock Exchange Composite Index yesterday closed down 42.75 points at 938.78. Volume totalled 233.8 million shares worth 3.3 trillion won. AFP AntmSwM 9320 -680 Br«n T#ctl 1765 -150 C»ntr»i Bank 2650 -3T5 CrwMComm IOBOOO 4000 OmGuBW* .2850 170 OMUngCorp 3900 -300 OmwooAFP - 308 words
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Article291 2000-01-20 20 AFP n Manila -26J1 PHILIPPINE share prices slid 1.3 per cent yesterday on interest rate concerns, brokers said. The Philippine Stock Exchange Composite Index lost 26.31 points to 2.048.53. Volume totalled 5.44 billion shares worth 1.32 billion pesos. —AFP J«N Peso 000) MPC Allied 0.64 0.01 150 Abacus ConstructionAFP - 291 words
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Article278 2000-01-20 20 AFP Q Wellington 42 NEW Zealand's shares yesterday fell 0.3 per cent, apparently ignoring the debacle as the central Reserve Bank raised interest rates hours before official figures showed inflation was virtually nil. The NZSE-40 Capital Index ended down 6.2 points at 2,123.80. —AFP J• MS (000) Advantage MOSAFP - 278 words
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Article608 2000-01-20 20 AFP n All Ordinaries -45.8 AUSTRALIAN shares closed down 1.5 per cent yesterday as a weaker Wall Street and fears of an interest rate hike put pressure on the market, brokers said. The All Ordinaries Index closed 45.8 points lower at 3,105.40. The All Industrials Index fell 79.7 pointsAFP - 608 words
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Article, Illustration786 2000-01-20 20 AFP H SET Index +2J7 THAI stocks closed up 0.4 per cent yesterday on volatile trade in banking issues ahead of December quarter results expected in the next few days, dealers said. The Stock Exchange of Thailand Index closed up 2.17 points, or 0.4 per cent, at 486.33. AdvancersAFP - 786 words
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Article, Illustration710 2000-01-20 20 AFP CI Composite Index -29.72 INDONESIAN share prices plunged 4.3 per cent yesterday amid rumours that unrest in outlying islands may soon spread to Java and the capital Jakarta, dealers said. They said weakness in most regional markets, following losses on Wall Street, also put pressure on the localAFP - 710 words
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Page 20 Advertisements
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Advertisement45 2000-01-20 20 Daniel Jeanßichard jgk This high-tech model, Chronoscope, has several special characteristics: (G.-A Bcrer llluantcd PmteuoMl Cortina Watch Centre Dictionary of Horology) LUCKY PLAZA #01-32 Tel: 734 3668 MILLENIA WALK #01-63/64 Tel: 339 1728 PARAGON #01-13 TcL 235 0084 RAFFLES CITY #01-36 Tel: 339 9185 Uroooscope45 words
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Article8864 2000-01-20 21 MAIM BOARD Transaction date: Jan 19 High Low St Mo Company Sol* COOO) High" 1 Low Buy"' JMter Cvr P/t *3 pfkJ MULTI-INDUSTRY m c 122? Acm 50c 124 -5 518 128 121 124 125 10 3.3 4 10.2 205.1 125 84 25 c 1217 A!li*nc#Ttch 43 onch8,864 words
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Page 21 Advertisements
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MOTORING page
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Article, Illustration664 2000-01-20 22 Christopher Tan - The company is sourcing in the region, exploring e-commerce options and considering a stake in a US Net-based vehicle trader Reports bu Christopher Tan [SINGAPORE] FACING lower margins from its Merce-des-Benz operations, listed Cycle Carriage is putting pedal to metal in its quest for freshFILE PHOTO - 664 words
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Article, Illustration125 2000-01-20 22 [SINGAPORE] This may well be the year of the MPV (multi-purpose vehicle). At last tally, no fewer than five new models will be introduced. First, there's a 2.5-litre one from Mazda. Plainly called Mazda MPV (right), it has sliding doors on both sides125 words
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Article1292 2000-01-20 22 Average open market value (OMV) of cars registered in December 1999 MODEL/MAKE CC AVE OMVlSl ALf* ROMEO A156 25 1,970 24,506 ALFA ROMEO A156 2.5 2.492 ***** AUB8D0O68 1506 ***** MJOSL1A48 1.505 ***** AUDI AUD4820HK 1.781 43,525 M**310YV4CR 1505 ***** BMW Z3 AUTO 1,806 43,631 BMW310V40R 15011,292 words
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233 2000-01-20 22 Christopher Tan - AH reports by Christopher Tan [SINGAPORE] Malaysian carmaker Proton is upset with Cycle Carriage's Kia foray, sources said. And it is making its displeasure known. Upon learning of Cycle Carriage's intention to pitch for the Kia distributorship here, Proton wrote to the company.233 words
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287 2000-01-20 22 Ex-BMW head sought —to run Audi agency [SINGAPORE] Former BMW man Ronald Seet is wanted to run the distributorship of archrival Audi. Mr Seet was formerly managing director of BMW agent Performance Motors. He left last September after eight years there. Hadi Tanaga, president of Audi distributor Premium Automobiles, confirmed287 words
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BUMPER to BUMPER
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81 2000-01-20 22 VOLKSWAGEN will take over import and wholesale operations in Australia from Jan 1,2001. Current distributor Inchcape will retain a dealership in Sydney. While such a move in Asia is not new for companies like DaimlerChrysler, BMW and Volvo, it is VWs maiden attempt81 words
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Article47 2000-01-20 22 VOLKSWAGEN-OWNED Czech brand Skoda is entering the Indian market, debuting with the Octavia flagship in July. The car will be assembled in Aurangabad, Maharashtra. SkodaAuto India has been established as a tally-owned subsidiary. The company plans to sell about 3,000 Octavias this year.47 words
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48 2000-01-20 22 OPEL'S Astra was 1999's No 1 seller in Europe. It garnered record sales 0f745,000 passenger car and light commercial units in a combined Weston/Central European market. Hie station wagon variant was also the top wagon there, a position it has held since 1983.48 words
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Article, Illustration74 2000-01-20 22 TWO OFFROAD concepts were presented by Volkswagen last week. At the Los Angeles Auto Show, a sand-loving Beetle called Dune was unveiled. California-designed, the car is powered by a 2.3-litre V 5. At the Detroit show, VW showed off a muscular four-wheel-drive pick-up. This Advanced74 words
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Article67 2000-01-20 22 JAGUAR will offer a "millennium edition" XJ-series sometime in March. At a slightly higher price, the SO units of 3.2-litre XJs will have enhancements like wood-leather steering wheel, reverse sensors, tailored carpeting and sportier suspension stuff you'd normally And in the much more expensive four-litre67 words
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87 2000-01-20 22 THE Rover 75 has garnered a number of awards since its launch less than a year ago. Leading German newspaper Bild am Sanntag gave it the Golden Steering Wheel Award (the first British car to be so honoured). It was also voted Journal/ AA Car87 words
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Article48 2000-01-20 22 Christopher Tan - Compiled by Christopher Tan TRAIN operator SMRT has co-published a dining guide with MPH Magazines. Called Good Food, it covers "everything from five-star restaurants to neighbourhood hawker stalls, local fare and foreign". Available at all MRT stations from today, at $5 per copy.48 words
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Page 23 Advertisements
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Advertisement418 2000-01-20 23 Where to wine, dine and entertain...""* -Offering the lowest interest rate in town 4545 spoilt f=or Centre fSjU CCongT—Q Leva! 1 Tel: 431 2045 ~n*ai yourself 4 /oar Quests to a ft«*} s&etton of international mrourites. Open for lunch dinner (Congre— Kopl flam) Tel 431 204b Munch on local favourites418 words
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Advertisement72 2000-01-20 23 JSS ©Natt»ecof /'f Savour local fare 1 and our award-winning <:hattCrb X We are open v 24 hours daily in case .tyPfeyou have not eaten vet Enquiries: 831 6291 IJ J OtlufH KimH Stngapirc 2 18JW>7 Td 717 4411 You will Find ir all here ar Wine, Dine and Entertain.72 words
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Page 23 Miscellaneous
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Miscellaneous899 2000-01-20 23 The Business Times, Thursday, January 20,2000 t»m i Premiere 12 7,00 Time 100: People of The 6.00 See Fri's schedules. Tali Gantung. 3.00 PM TV Innovations. And Titans. Prime 12 4.02 Drama Arab: Ibnu 4.00 Kidz Blitz: Little Bear. 8.00 'Growing lip. !00 PMRPsnnnspTV Taimiah. 4JO Kidz Blitz: Captain Zed899 words
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Miscellaneous329 2000-01-20 23 CRYPTIC CROSSWORD ACROSS 7 Insisted that Indian met a 1 Poor imp he'd vandalised the- stranger (10) atre (10) 8 Rein Glenys removed in a con--6 Novelist Sam is starting late (4) temptuous way (10) 9 Start oft with one shape making 11 Propose place for one under a a329 words
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Page 24 Advertisements
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Advertisement220 2000-01-20 24 Theres a new movement in international all share the same values a commitment property services DTZ Debenham to continually improve our performance. Tie Leung. This is a unique collaboration <~m* among DTZ, Edmund Tie Company Our global network enables us to utilise >0' i and C Y Leung Company, three220 words
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Page 25 Advertisements
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Advertisement65 2000-01-20 25 Smarm BUILDING SOCIETY LTD NEED A LOAN? TAKE ADVANTAGE# OF OUR FINANCIAL STRENGTH J We provide loans and financial assistance for your Corporate and Personal Financing. Car Loan Home Loan Share Loan Commercial/Industrial Loan Factory Loan and etc. East Coast: 348 8262 Beach Rd: 292 1459 Bedok: 445 801 I65 words
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Page 26 Advertisements
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Advertisement74 2000-01-20 26 D|stnct 9 m Height: Up To 30 storey r N* n l"1j Land Size: 38,317 sq ft (approx.) Near Orchard Road /Jf- M a Shopping PYecinct «'»*fv„, j r 1 *-3 (KaMaak) Bhß For Investment Report* Tender Documents A mj f Please Contact: jMIVmI "1 Richard Tan Fong Shee Bcng74 words
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Page 27 Advertisements
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Advertisement239 2000-01-20 27 II COLLECTIVE SA^I PRIME D.I 5 FREEHOLD SITE I No. 33-49 Mangfe Road B •Various Land Area Options 0f41,497 sT. A I sf. /12,949 sf. B Plot ratio 1.4/4 storeys I Near Eunos MKT Station, Good Schools, B Marine Parade East Coast Park I For Sale by Private lYeaty B239 words
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Advertisement314 2000-01-20 27 Collective Sale BALMORAL PARK MAISONETTES Prime Hilltop Condominium Site Site Area: 58,158 sq ft DGP Ptot Ratio 1.6; up to 10-storey Freehold Quiet and highly exclusive location Jwna mu s/mmorj' n TtlAftSltl LAht see KM [8( tvmb 5 minutes drive to Orchard/Scotts Road Shopping Belt J/ \sv Offers spectacular views314 words
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Advertisement88 2000-01-20 27 For Sole by Tender 3-Sty Newly Renovated Industrial Building 18 Arumugam Road Located ofF Paya Lebar Road Site Area: approx. 11,400 sq ft Gross Floor Area: approx. 14,500 sq ft Tenure: Freehold Zoned "Light Industry" with plot ratio of 2.5 Selling with existing tenancies Tender Closing: 31 January 2000, 388 words
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EXECUTIVESuite
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Article, Illustration973 2000-01-20 28 DIANA OON ABDULLAH - Government-endorsed home ownership campaigns in '98 and '99, local buyers' demand for new homes help to boost market. DXA2TA OON ABDULLAH reports DIANA OON ABDULLAH THE Malaysian property market is officially out of the doldrums, powered by local buyers' continued demand for new homes. Helped973 words
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Article, Illustration3169 2000-01-20 25 HDB transactions between Nov 8 to Dec 25 1999. TYPE/LOCATION POSTAL CONTRACT BUILT-IN PRICE PSF TYPE/LOCATION POSTAL CONTRACT BUILT-IN Pfl« PSf COOE DATE (SOFT) (SSOOO) (SS) COOC DATE (SOFT) (SI000) (SS) IllMM(!VpeA) Choa Chu Kang Ctrl *****2 18-Dec-99 1141 273 239 AngMoKioAvel *****5 14-Dec-99 896 200 223 Choa Chu3,169 words
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SHOWCASE
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Article, Illustration861 2000-01-20 26 MARISSA CHEW - mabtbba CHEW takes in the tranquility of Avalon at Stevens Road with its contemporary mix of European and tropical design MARISSA CHEW PIRST impressions are important, and none more so than when you are a property developer moving into a new niche. So Pidemco Land took great painsPHOTOS BY SIEW YAW HOONG - 861 words
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Article312 2000-01-20 26 i DEVELOPER DISTRICT LOCATION SIZE TOTAL UNITS NO OF PRICE TENURE UHJSHJa (aq ft) LAUNCHED UNTTSSOLD* ($prf) River Place FEO 3 Havelock Rd 678-3,229 509 342 950 99-yr Tanglin View FEO 3 Alexandra Rd 872-2,282 256 159 830 99-yr Faber Crest CDL 5 Faber Heights 1,012-2,099312 words
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BY DESIGN
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Article, Illustration845 2000-01-20 27 TAN SU YEN - Champagne wishes and caviar dreams do come true at by-invitation-only Marina Bay at Pangkor Laut at US$B,OOO for a start taw su yen reports TAN SU YEN OUTSIDE its core power and property business, Malaysia's YTL Corporation is perhaps best known for its idyllic Pangkor Laut Resort with845 words
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Page 28 Advertisements
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Advertisement130 2000-01-20 28 ~81-,^,li^lß,l^^^^ I fliirr^ff mm WwniHg Ptrrrit: 541/99/ D fl Now available for purchase Freehold Investment Opportunity at Melbourne's best prices 5 minutes by tram to cbd Adjacent to Southbank Aun>h. <M AA AAA One block to St Kilda Road Alin n1771 11 11 I Wa 'k To Albert Park Lake,130 words
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SHIPPING TIMES
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Article285 2000-01-20 29 Bridge News, Reuters CONDITIONS were quiet on the dry cargo freight market with capesize rates weaker in the east and not appreciating in the Atlantic, brokers said on Tuesday. The Pacific panamax market needed fresh business if it was to maintain current levels, they added. Although the AtlanticBridge News,; Reuters - 285 words
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Article278 2000-01-20 29 J"» tt HI CWT Distribution t» -0.01 61 CJ*»n Hup 0.40 -0.01 7533 CMCO Investment 1.04 -0.01 114 Freight LMi 0.28 unch 339 G8 Holdings 0.86 unch 2 Hal Sun Hup 0.80 -0.01 215 IMC HoMngs'HK —5.60 unch 0 J*yt HofcJings 1.22 0.04 1041 Jurono Shipyard 7.65 -0-20278 words
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Article, Illustration464 2000-01-20 29 Marcus Hand - S'pore yard close to completing sth generation semi-submersible drilling rig, the first of its kind to be bnilt in Asia By. Marcus Hand [SINGAPORE] With the christening of a US$25O million (*****.5 million) semi-submersible drilling rig, PPL Shipyard's largest order464 words
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Article, Illustration432 2000-01-20 29 AP [BOMBAY] India's port managers prepared for a long shutdown yesterday as unions demanding higher wages dug in their heels on the second day of the strike by 100,000 workers in 11 ports across the country. Strikers prevented officers from enteringAP - 432 words
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276 2000-01-20 29 Rajendra Bajpai - From] Rajendra Bajpai in New Delhi THE Shipping Corporation of India (SCI) is to send its only VLCC (very large crude carrier) to Singapore for modification to make it a storage facility on the high seas. Kanchenjunga, the lone VLCC with India's national276 words
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347 2000-01-20 29 Foreign vessels to be allowed to carry passengers to Fijian AFP [TAIPEI] Taiwan plans to further ease its decades-old transport restrictions by permitting passenger vessels to ply between central Taiwan and south-eastern China, an official said. "For the sake of economy and safetyAFP - 347 words
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310 2000-01-20 29 David Hughes - From] David Hughes in Loudon CHINESE shipyard Yantai Raffles has won the first orders in a series of massive 450,000 gt casino ships worth US$2 billion (553.32 billion) each. The order from Casino Vegas Del Mare is still subject to a number of310 words
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SINGAPORE maritime industry
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Article, Illustration993 2000-01-20 30 Heng Chiang Gnee - Industry strength lies in its breadth and depth, with a comprehensive range of ancillary activities By Heng Chiang Gnee The writer is president of the Association of Singapore Marine Industries. This article first appeared in the Port of Singapore magazine OVER the last 30 years, Singapore'sFILE PHOTO - 993 words
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Article176 2000-01-20 30 PACE Djak Lloyd 8 ACL 6 Dongnama 3 AML 3 ECl 4 Accord 8 ECU Line 6 Appenship 5 Eyefywi 6 Austral 8 FoongSun 8 Balaji Shpo S C Link 4 BSA 7 Gemartrans 6 B'tang Mas 8 Haogti 7 CCNI 7 Hanjin 3 CMA 8 Heung-A176 words
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Article17778 2000-01-20 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vesse< Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oestn Name Name Number Number -,i .*i 0» 02/02 27/02 Norsul CSAV SANTOS OMS 45-37*5033 To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/02 20/02 cosco sky river17,778 words
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SHIPS IN PORT
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Article634 2000-01-20 40 Vessel Voy Ho Berth Arrival Departure OVOO J r jit 19/01/7:45 2O/0V2300 fctfcWtP** 17/99 J03 I9/0V8:05 19/01/19:00 Mm P*ra J*r» 02 J02 19/01/5:55 I9/0V23 59 »*"WI>2 T»1 JO 2 19/01/9:25 19/01/23 30 W 2*8 120 J01 19/01/12:00 19/01/22:00 Jiyi2 Jn®030 J15 19/01/10:40 20/01/6:00 01-200 X3 19/01/12:10 19/01/23:00 B»HmGT6S7634 words
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Article1980 2000-01-20 40 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mane* Rstls Ship Voy No Etb/Btr Period From To From ACHIEVE* 703 20/aM It/1500 a/»S9 it/aOO u Mm* a/0*59 a/09M a it/i rao it/otsf iwnoo woo a/iw a/MM 4 wuoo a/nw a/mo API FRANCE OM 20/I2M MM MM MMM a1,980 words
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Article190 2000-01-20 40 Jan 24 New Zealand: Market and Public Holiday, Wellington Anniversary Day. Jan 31 New Zealand: Market and Public Holiday, Auckland Anniversary Day, Jan S Sweden: Financial Market Close. Feb 6 New Zealand: Public Holiday, Waitangi Day. Germany: Epiphany Day. Sweden: Epiphany Day. MarlB Taiwan: Market Holiday for Presidential190 words
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Article797 2000-01-20 40 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 baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual797 words
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Article435 2000-01-20 40 Carta* WO Max 990.5 0.8 19.0 0.01 71 0.06 JMt3 Density Natar RmMm Ask Aluaiiatoai SaMaaat Ho aboM £25 0 0 20 0 0 0 r rrr- 380 A«* 90SJ OJ RI O.OS 35 0.02 Dm. 300 Mai 992.5 1.7 17.7 0.09 72 0.05 HWV] W435 words
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AIR & LAND transport
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674 2000-01-20 41 Washington will bring np Case tO ICAO, signalling breakdown in attempt to resolve dispute Bloomberg [WASHINGTON] The US government, heading for another trade clash with the European Union, said it will challenge an EU ban on jet noise mufflers that is setBloomberg - 674 words
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Article, Illustration425 2000-01-20 41 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd (MAS) shares rose to a sixmonth high after the country's flag-carrier said it is in talks to join a global alliance that will give it better routes and help it compete with Asian rivals.Bloomberg; FILE PHOTO - 425 words
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Article1592 2000-01-20 41 CITY FUGHT ETA FUGMT ETD MriaM* AM8230 IMS flMpftM S0003 IM C2352 0835 LH6381 1905 C2351 2045 S0S04 1015 W» HmmI V*741 1310 VNS0742 0905 kmXorUm KL0643 0525 K***** 2335 S0VN176 1035 GA975 1210 AIM328 2345 WW W aw sua no m* mm m mm on1,592 words
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426 2000-01-20 41 Bloomberg [DALLAS] Southwest Airlines Co, the world's largest low-fare carrier, said fourthquarter profit fell 6.6 per cent as its fuel expenses climbed 71 per cent. Net income fell to US$93.B million (*****.6 million), or 18 US cents a share, fromBloomberg - 426 words
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202 2000-01-20 41 Reuters [COLOMBO] SriLankan Airlines said yesterday it plans to start two flights a week to the Bangladeshi capital Dhaka and to Milan in Italy by mid-2000. "As part of expanding our route network we hope to start two flights a week eachReuters - 202 words
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Article, Illustration440 2000-01-20 41 Purchase will help national flag carrier to win passengers for its long-haul routes Bloomberg [PARIS] Air France is buying 70 per cent of Regional Airlines, a French carrier that flies between European cities and French cities outside Paris. The purchase will help AirBloomberg; FILE PHOTO - 440 words
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LOGISTICS page
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Article, Illustration629 2000-01-20 42 But air express market leader says profits will not come under major pressure [LONDON] DHL faces tough competition in the UK air express market from US-based as well as European rivals, but this should not lead to reduced profits, a senior DHL629 words
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394 2000-01-20 42 Marcus Hand - By Marcus Hand [SINGAPORE] Like many companies until recently, Heidelberg, a leading manufacturer of printing presses, managed its inventory for new equipment and spare parts through multiple locations on a regional basis. Heidelberg's customers use its printing presses to produce394 words
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476 2000-01-20 42 Shanghai the latest Asian city to offer guaranteed service [SHANGHAI] Emery Worldwide, the heavyweight air cargo subsidiary of CNF Transportation Inc, has expanded its guaranteed Gold Priority Express service for shipments from Shanghai to the United States plus Puerto Rico, Canada, and major points in476 words
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Page 29 Advertisements
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Advertisement304 2000-01-20 29 ■S'pore: A one-stop marine Complex Page 2 ■Aircraft schedule page 13 LOGISTICS PAGE ■DHL in UK laces tough competition Backpage P§v§lopfn§nt Jr%. Asia Pacific International University San Francisco, USA Bachelor of Business Administration (International Ttode, Traffic Logistics Management) Advanced Diploma in Logistics Management Duration 12 months, Bth intake Diploma in304 words
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Advertisement189 2000-01-20 30 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 SENLIM AGENCIES PTE. LTD. 133, Naw Bridge Road, W»-09, Chinatown Point A S'pore *****3. JHBBhfIHB Fax:189 words
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Advertisement681 2000-01-20 30 Lines services represented Members of the Registry of \W§jMXJ Accredited Shipping Agents, S pore Notionol Shipping Assoc Q ULY UNE MALE VESSEL VOY ETA Tlu ETA P. KLANG SPORE MALI Princess Lily VOlOO 26/01 28/01 09/02 Empress Lily VO2OO 13/02 15/02 24/02 Princess Uly VO2OO 27/02 01/03 08/03 ULY MARINE681 words
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Advertisement6 2000-01-20 30 Members of the Singapore Logistics Association6 words
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Advertisement1144 2000-01-20 31 Bgy y iOJgiKw flMill I >Ci nll Llj'tP ITn SAX SERVKE (DIRECT) y?! swro U« OAK DAt HOU CH COE MIM AH NYC MOt 01 '*/<» 03/0? 08/02 08/02 08/02 08/02 08/02 08/02 09/02 09/02 C BgT ®IZI M /0> 10/0? >5/0? 15/02 15/02 15/02 IS/02 IS/02 16/02 It/02 glWa1,144 words
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Advertisement1916 2000-01-20 31 ©HANJIN SHIPPING IkFI *M*t* "Mr *****30 HAMJM SHOfWG (S| PTI LTB tow MOBIIG *****35 737 SAIfS *****74 731 DOCUMENT *****71 274 OPHUnONS *****50 751 MAIN UNE *****55 FAI 777*9W CI NO II 534******* TO NW USA CANADA I CANADA* «am sm imhau/voy T~sun nw din |pm 100 mr 1 ml1,916 words
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Advertisement73 2000-01-20 31 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONO KONG FOR ENQUIRIES, PLEASE CALL 220 8558 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73/*****63 Email: wgaUOmbox2.slngneloom^g >-w Calcutta ir Chlttagong PORT LOUIS 120/01 Karachi f COLOMBO 121/01 I KARACHI/LAHORE 23/01 Bombay VWMadrcw BOMBAY MADRAS/BANGALORE 21/01 CALCUTTA 22/01 Colombo 173 words
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Advertisement1564 2000-01-20 32 DSRSENATOR LINES TO UK/CONTINENT TO MEUfI'EHRANEANdANADA WT s* L£H RIM AMR lUM IRV HX VfSKI [vOY SIN GTT |SK FOJ VIC MTR TMOIMAm N77W 2101 1212 IS «2 1012 11*2 1312 DSAMWUCA OM4W 20 B1 MB TooT 10 0? "ttF" PUDONG SENATOR WI2W 24*1 116 12 B 118 14 0?1,564 words
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Advertisement876 2000-01-20 32 rrrra carrier: MN COUTH UMES, IMC p. guoanq: <07)3083/26 l-IV/V- J cmmyimOKTmaam *AMLA:<W2)*****24 PENANG: (04) *****38 BANGKOK: (182) *****67 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKTi (21) *****46 KUQBNG (082) *****1-3 /BUENOS AIRES EX 'E. GATHER' V. 0322 086W ETA SIN: 26-1-2000 VALPARAISO/IQUIQUE EX 'JUSTICE CONTR' V.JC9I4N ETA: 30-1-2000 PLS876 words
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Advertisement660 2000-01-20 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VKMI S TORE M SHEVA COLOMBO PKLANC TULSIOAS Vll9 24 JAN 02 FEI M FEB 12 FEB TARPON SILVER VIIBW 31 JAN 09 FEB 13 FEB 19 FEB CAPE CANAVERAL VIIBW B7 FEB 16 FEB 2B FEB 21 FEB TULSIOAS V 129 14 FEB 23660 words
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Advertisement1845 2000-01-20 33 VESSEL VOY KHH HKG SIN PKG DXB DMM I BA I BWC IRAN SEESTAN PCL-136 12/01 14/01 18/01 19/01 29/01 30/01 01/02 03/02 IRAN SATTARI PCL-138 19/01 21/01 25/01 26/01 05/02 06/02 08/02 10/02 IRAN BAAKERI PCL-139 26/01 28/01 01/02 02/02 12/02 13/02 15/02 17/02 IRAN HESABI PCL-140 02/02 04/021,845 words
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Advertisement980 2000-01-20 33 W.I.F. FIB 2000 ACCEPTING CGO TO DAKAK, LAGOS, TUU ft ASIDJAN VU GENOA I ?nl?AQTuiDnur A M .T* 80 KOt,NSOH RD TIL 226 1900 lAX: *****08 OUTWARD (l/L) nuV TD SALES/iKGS 4205*57/43 INWARD DEFT (D/ 0) *****55 COSTAR AGENCIES (M) SDN BND ***** FAX: 02-07-*****70 5, J, ns~| «o»iiustai«ST/iaia SSGMST980 words
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Advertisement1013 2000-01-20 33 EUROffE IXPRiSS SBtVld export [import Slsha" Sw l\k ill• ft 07 ill' KIOMM OSIW 15/02 1 03/03 05/03' 84/13 0?fl3 100/031 K>B <gg M/ 01 tt/01 ?'/fll 1 Mil TCP kCCBVm CAtGOf S TO I FtOfc 11 HUM. rrrHKMt VUHA* 71 MTWW yw rat TRANSPACIFIC SERVICE EXPORT OGMSNii/saiitußarnMiMi IMPORT vessb1,013 words
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Advertisement1370 2000-01-20 34 EUROPE/UK/SCAN DINAVIA/FINLAND/RUSSIA SGP RDM ANW MBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E. DIADEM RW-009 22/01 10/02 16/82 12/02 14/02 15/02 16/02 E ROUND RE 040 02/01 30/12 11/01 13/01 2XOI 24/01 E. DYNAMIC RMMMM 20/01 17/02 24/02 20/02 22/02 23/02 24/02 E RESULT RE 0201,370 words
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Advertisement1012 2000-01-20 34 ADVANCE CONTAINER LINES (PTE) LTD AH TEL: *****21. FAX *****19. TELEX RS ***** ACLPt. WU KM BOOKINGS PUASCCAL1: *****23SALES A MARKETING: *****21-2S OPERATIONS: *****60/ *****06 CR NO. 16S38M0000E iAWOtOK JAKAITA (T vtssa voy m kk vessb voy aw jg YANTRA BHUM (BAT) 325N 20/1 Tim 23/1 Sun KOIA MAAJ (UTC1)1,012 words
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Advertisement425 2000-01-20 34 54 TaOK BLANGAH ROAD 062-62 CmPOTT CENTRE STORE *****9 TEL: *****11 (6 lines) FAX: *****05 TLX:RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTIUDON KAGURI 01/2000 29/91/2990 21*1/2999 PORTELANGm OALMI ILMAMUI 01/2000 25*1/2000 2MM/2900 MALAYSiMI PORTFONTUWAK MABUKWA *****0 27«1/2W 2MI/2909 P*L lALAMMUNTO CARAKAJAYA MAfiA W-32 EXT 29*1/2999 29/91/2990 JAKARTA/KMARANG425 words
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Advertisement389 2000-01-20 35 MMK MYANMA pBBk FIVE STAR LINE W (Myonmar National Line) Loading for Yangon (Rangoon) VESSEL VOT SM PKL PtN PGO SfTTWE 9IW 31/01 HPA-AN 267W 01/0? MALAYSIA AGENTS: iocs had shipping agencies KIA: Til (03)*****00 PKL HI (03) *****01 PEN: HI (04)*****02 PGU: HI (07)*****21/4 46 BANK LINE (A servict389 words
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Advertisement1298 2000-01-20 35 HYUNDAI MERCHANT MARINE CO., LTD. [VESSR VOT ISM I SOU 181 RTM ANT HAM NV FB IVESSE VOT I SOU I 184 Imw I AWT I HAI I BMV I HI I SM THAMES SS9W 20/01 07/02 12/02 09/02 10/02 AftAUMNOMI 312! 27/12 01/01 29/12 30/12 20/01 MOSEI 531W 21/011,298 words
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Advertisement1123 2000-01-20 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE* [vissa vor ramp height sin luc I mao mia sav |mi 1 otf I ntc I«wI mm TOURCOING AHOO3 400 TMS 6.3 M 21/01 23/02 02/03 05/03 07/03 09/03 W03 —*****~ lt/03 19/03 TAPKNA AHOO4 4001«h 6.3 M1,123 words
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Advertisement1758 2000-01-20 36 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWTAINER SERVtCC m m m m no m m ah m mivow u/ii n/»i 10/01 oi/r m/« MHUt ioT H/11 K/H ii/B usugai m «/q o(/o7 u/n u/n w/w noauM »s u/n u/wn/wn/w ts/m_-_ FEEDER SERVICE TO INDONESIA wi vot mumti nure hmmk1,758 words
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Advertisement11 2000-01-20 37 H •i* I I "-I K. <flfe A I Hk mr11 words
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Advertisement14 2000-01-20 40 MM iß'gg? 1 L iJAJdiI -M MWHWiiWPWHBWW—II—iW icm iwrt iiMta fi w»iMtiWiimw«— fl ■■HHBIH^H14 words
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Advertisement61 2000-01-20 42 I The No. 1 air express company in Singapore and Europe announces EUROPE FIRST. It's the fastest way to deliver almost anything Ito Europe-Guaranteed*! With the largest network we also offer the latest pick up and earliest delivery. So for export made easy to Europe, contact our 24-hour DHL Customer61 words
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