The Business Times, 24 January 2000

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Total Pages: 56
1 56 The Business Times
  • 14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 850 SINGAPORE Internet: http://business-times.asial .com.sg/ MONDAY, JANUARY 24, 2000
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  • 58 1 OTQCI MARKET IHPICBS Week Change ST1 2,278.48. -114.06 SIMSCIFUTURES....307.20 -20 JO OTSRI 882.22.... -49.87 KLSE OOMR 963.96. +25.72 NIKKEI 18,878.09.. -78.46 HANG SENG 15,108.41 -433.82 SET INDEX 478J2„ +4.56 JAKARTA COMP 664.69. -26.20 MANILA COMP. 2,062.66. 49,44 TAIPEI WPL 9J56J4„...+64.57 SEOUL COMP 925.16.. -22.87 CLSA CHINA B 793.09.......+11.06
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  • 76 1 FOSEX SATES uss ss US$ 1.676 £(US4/SSper£) 1.656 177J EURO(US$/SC/E) 1.017 1.703 DM 1871 YEN 104.8 1.699 RM iaO» 9.441 HK$ 7.778 0116 BAHT >714 0.046 RUP1AH 7176 0.028 •St torn units PUME BATES SINGAPORE* .5.38 KUALA LUMPUR 7 67 JAKARTA 00 BANOKOK 9.60 MANILA..... 11 00 HONGKONG ..8.50
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  • 659 1  -  iiexclusTve SBA consultant studying how industry should be liberalised Byi Catherine Ong [SINGAPORE] The government is looking into liberalising the broadcasting industry and may end Singapore Cable Vision (SCV)'s monopoly on cable TV services ahead of its 2002 deadline as well as open up the
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  • 539 1  -  It will first have to upgrade its hybrid co-axial network Byi Catherine Ong [SINGAPORE] Singapore Cable Vis ion (SCV) could offer telecommunication services over its cable TV network by the fourth quarter of this year, SCV president Yong Lum Sung
    FILE PHOTO  -  539 words
  • 527 1  -  Tie-up by Cheung Kong, Hutchison, HSBC, Hang Seng Bank seen pushing stocks up today Fromi Quak Hiang Whai in Hongkong LI Ka-shing's Cheung Kong (Holdings) and associate Hutchison Whampoa together with Hongkong and Shanghai Banking Corporation (HSBC) and sister company Hang Seng
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  • Page 1 Advertisements
    • 81 1 nnaPE Top stories Stock shopping: Recurring favourites with analysts. Pg4 ~2RKI ok M I I ■Bi^h 9 S'pore firms raised concerns with New Delhi: Fair Price chief Chandra Das. 0 ■hml imj Ethan Allen to quit Great World City. Pg9 BT Comment Watch out for hot money. Pg 11 BizlT
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    • 146 1 cvitk USs2ob merger Next page IfIHSjL Looks Deceiving VHtA Now you see now you don't. There's no better way to describe the "Nu" series, the latest collection of furniture from John Kelly. Not because aficionados collectors all around the wortd are snapping up pieces as soon as they become II
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  • NEXT page
    • 1143 2 ONE 810 BAPPT FAMILY The deal, expected to be announced today, will create the world's 2nd largest music conglomerate LAT-WP (LOS ANGELES] Less than two weeks after announcing its world-shaking merger with America Online, Time Warner has negotiated another mega-merger that would give
      LAT-WP  -  1,143 words
    • 504 2 Deal could be reached in 2 months: UK's Sunday Times Bloomberg [LONDON] Two days after Singapore brought forward its liberalisation of the telecoms market, fresh speculation emerged that Singapore Telecom (Sing Tel) is in talks with Cable Wireless Pic for its 54
      Bloomberg; FILE PHOTO  -  504 words
    • 471 2  -  Ull exclusive It sees no conflict of interests; several enluiM allow it Byl Catherine Ong [SINGAPORE] The Monetary Authority of Singapore (MAS) has abandoned a neardecade old practice of barring the chairman of the stock exchange from sitting on
      471 words
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  • Page 3 Advertisements
    • 239 3 Citibank Manager Selection Program. Investment managers vary greatly in their styles, the risks they take, the returns they generate and the type of securities they hold. Evaluating them takes time and expertise that even some astute investors lack. Recognizing this, we're pleased to introduce the Manager Selection Program j a
      239 words

  • SINGAPORE companies
    • Article, Illustration
      929 4  -  Now that the market has retreated from its peak two weeks ago, is it time to pick up some good buys? VEN SREENIVASAN taps the views of analysts and comes up with a list of companies that are recurring favourites VEN SREENIVASAN DBS Group: Singapore's biggest banking group
      Artwork: Gareth Chung  -  929 words
  • Page 4 Advertisements
    • 251 4 B f A Whiteboard Without The Board m Virtual Ink- is proud to launch its first new product, mimio™- the world's first completely portable Digital Meeting IIMP- 1 IH Assistant™. A whiteboard without the board; it captures both the notes and'the thinking process of your whiteboard session, professionals are freed
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  • Page 5 Advertisements
    • 42 5 I I NO. 1 IN OVERALL VEHICLE SALES 1999 I fl NO.I IN PASSENGER CAR SALES 1999 I I NO. 1 SELLING MODEL OF 1999: NISSAN SUNNY (i)WANG. KING o o WE'RE NO.l, THANKS TO NISSAN OWNERS. o O hi Sfi *****985S
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  • SINGAPORE markets
    • 613 6  -  I -l I comment STOCKS r.sivanithy LAST week, we spoke of decouplings in this column, mainly between US stocks and bonds as well as between here and Wall Street. Nasdaq's rises seemed to have little impact on local stocks throughout the week
      613 words
    • Article, Illustration
      420 6 •Jan 21 Source: JM Sassoon Stocks Volume Dataputee 5c 88.842,000 Eastgate 10c 77,340,000 WngboardUSIOc 74,493,000 KianAnn20c 73.453.000 Fastech US 10c 71.948,000 Craft Print 15c 53,760,000 SingTei15c 49,166,000 DBS Land 47,734,000 BsnefunHKIOc 44,332,000 Hotung Inv NT5 43,290,000 Stock* > DBSGrp 551.997.179 SIA 197,441,419 OC8C 192,620,910 SingTti15c 160,814,903 PadlicCantiify 147,328,206 DBS Land
      Source: JM Sassoon  -  420 words
    • 530 6 POLITICAL worries are likely to weigh on most Asian currencies in the coming week, but the Thai baht should track the country's stock market higher. (The Stock Exchange of Thailand Index rose one per cent last week, despite a 1.6
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    • 187 6  -  WARRANT WATCH By R Sivanithy BUYING Malaysian blue chip warrants to try to cash in on the current boom across the Causeway is certainly a defensible strategy at the moment. The problem is, many have already had a fine recent run,
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    • 223 6  -  HOT STOCK By Ven Sreenivasan CHARTERED Semiconductor Manufacturing failed to hold on to its early gains last Friday. After rising to a high at $14.20 in in-tra-day trading, the stock ended the day unchanged at $13.10 despite the company having recorded its first quarterly turnaround in
      223 words
    • 134 6 Singapore ♦8.50 am. Asia/Pacific IT Forum 2000. Theme: Navigating the New Economy in the World's Most Dynamic IT Market ♦10.30 am. Star East news conference chaired by CEO Philip Wong ♦3pm. EDB chairman's year-in-re-view press conference industry briefings United States Iowa: Democratic and Republican
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  • Page 6 Advertisements
    • 137 6 S-CoMM l-COMM TECHNOLOGY LIMITED (Incorporated in Bermuda on 8 September 1998) INITIAL PUBLIC OFFERING OF 77,436,000 INVITATION SHARES AT 550.85 EACH OPENING 18 JANUARY 2000 (12.00 NOON) CLOSING 25 JANUARY 2000 (12.00 NOON) Applications for the Invitation Shares may be made on printed Application Forms referred to in the Prospectus
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    • 21 6 DBS investor Online. You've read about it, now hear us on Newsßadio 938, Mon Fri, from 8.15 a.m. 83 DBS BANK
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    • 11 6 exclusively from W. 41 J IDEAglobal.com, Jw see Web site www.ideaglobal.com
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  • SINGAPORE companies
    • 560 7  -  \'lt exclusive Its long-term revenue target is $500 m in 5 years with 18% return on eqnity W Wong Wei Kong CONTRACT manufacturer PCI, which has just announced the purchase of a Batam plant for $2.1 million, has started
      560 words
    • 211 7 AP [ORLANDO, Florida] A federal judge on Friday approved Planet Hollywood International Inc's bankruptcy plan, months after the company sought protection from creditors in a reorganisation. Founder Robert Earl will keep his job as the company's CEO under an order signed by US District Chief Judge
      AP  -  211 words
    • 293 7 CHARTERED Semiconductor Manufacturing surged on Nasdaq on Friday following its results announcement earlier in the day. The counter shot up to a high of US$93 when Nasdaq started trading. The company is traded on the American bourse via American Depositary
      293 words
    • 265 7  -  By Andrea Tan WING Tai is expected to begin work on Cairnhill Hotel after March. The landmark District 9 hotel had closed at the end of last month but the lease on it will only run out in March. The
      SIEW YAW HOONG  -  265 words
  • Page 7 Advertisements
    • 149 7 ZHONGGUO (CHINA) Remittance Centre Specialise in to fro Reminbi remittance service 226-2678 224-3456 Attend an MBA Fair and learn about graduate Participating Universities programs in management at universities in eleven I J countries. Admission is free. No advance I M^ niwsky SXV. registration is required. University of Western lESF.-University of
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    • 62 7 Breathtaking Irish Dance conies to Singapore SPIRIT op Tbe C>AMCe v. nii. Kallang Theatre Dntr: 14-18 February 2000 l ime: 8.00 pill Tickets;, $60, $80, $100, $120 h 5 Tickets available at all Sistic ontlots Hotlinn* 348 5555 F,ir 440 6784 mm Websitf: WWW.SistiC.COm.Sg hvrnt (ry.uuser < Ifht ial Hotel
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    • 96 7 Three-way partnership: Mechanical Engineering, Electrical Engineering, Information Technology. 53 20 25 March 2000 Ail the details; wvyw.hannovermesse.de Come to the HANNOVER FAIR and experience the true meaning of the word partnership. Six leading trade fairs with more than 7,500 exhibitors will showcase an unrivalled cross-section of industrial technology. Factory Automation
      96 words

  • SINGAPORE news
    • 617 8  -  Property ownership, tariff structure among issues brought up to Indian officials FYorri Eugene Low m Chennai PRIME Minister Goh Chok Tong's week-long visit to India not only laid the foundation for closer cooperation in information technology between the two countries, it
      617 words
    • 263 8 MORE than 120 subscribers have signed up for the Business Times (BT), Forbes Global and Visa joint offer on the first day of its launch on Friday. For just $265, readers will get a full year's subscription of BT, Singapore's only business daily, and
      263 words
    • 473 8 MMI Holdings seen as farthest ahead of its peers in S'pore Reuters DISK drive component makers in Singapore must gear up to produce higher priced products or diversify to escape seemingly relentless pressure on profit margins, analysts said. Analysts
      Reuters  -  473 words
    • 303 8 THE Institute of Public Relations of Singapore (IPRS) is launching an accreditation system to establish an industry standard among public relations practitioners in the Republic. The accreditation system, to be implemented mid-year, will be based on, among other things, an applicant's
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    • 398 8  -  I =W =1 on the economy cpi By Siow Li Sen IT'S official. Singapore's short-lived recession and the consequent fall in prices is history. According to the Department of Statistics, inflation is back. Consumer prices in 1999 rose a mild 0.4 per cent from
      Source: Dept of Statistics  -  398 words
    • 578 8  -  By* Andrea Tan UPMARKET furniture retailer Ethan Allen hopes smaller premises in a better location can improve sales. It is moving out of its 16,000 sq ft store at Great World City and is looking for a
      ARTHUR LEE  -  578 words
  • Page 8 Advertisements
    • 221 8 ■JPI m m m m fl The Future of Asia's Banks Our Asia Banking Conference looks at recapitalizations, restructuring and strategy in the new millennium. Selected confirmed speakers: FEATURED KEYNOTE Mr Eisuke Sakakibara ("Mr Yen") Landscape Beyond Former Vice Minister of Finance for International Affairs, Japan v%pf| CHINA MrSung-Bok Wee
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  • MAIL bag
    • 205 9  -  It's just a matter of time for the ATM/Cash cards to be replaced by Smart cards with more information in it. C Balasubramanian Assistant Manager Systems Management Group Institute of Systems Science National University of Singapore I REFER to the letter
      FILE PHOTO  -  205 words
    • 133 9  -  Denis Distant Singapore via Internet I REFER to the letter "Online broking rates should not be fixed" (BT, Jan 18) from George Lim, in which he suggests there should be no fixed commission rate for Internet trading as it would allow for more competition
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    • 219 9  -  Narayana Narayana Singapore via Internet THE recent outpouring of grievances in the press over allotment of IPO shares, and in particular those of ST Assembly Test Services (Stats), has led to a fairly comprehensive reply from the Singapore Exchange ("IPOs are not public lotteries:
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  • Page 9 Advertisements
    • 129 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. The First Net FAST ERP 2000 Accounting Software Web-based, real-time, on-line accounting software system
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    • 91 9 DAIKIN Fi H Begins Here... Southhaven 2 j n~~ij.jp int" < i j t < tß__ jjH^iMi|^^n^^SyU]H^^^H j^USlfl|ii§U^iuUMUu2Al£L9 <>1 r r prm lir filinr T < s£r 5# «SS' CLEAN SELF At)\ OWOFF I PU L J SyS,em F SSS» LiilJ dia 9" os 1(3 UJ W W) Auto swing
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  • G-7 meeting
    • 642 10  -  As European countries canvass for their candidates, US seems to be stalling in an effort to push through reforms at the IMF, says aothoky rowley ANTHONY ROWLEY [TOKYO] European nations that have traditionally nominated candidates for the post of managing director of the International Monetary
      642 words
    • 493 10 Reuters [TOKYO) The Group of Seven nations' weekend statement that they share Japan's concerns about a strong yen broke no new ground, but at least for the near term it is probably enough to keep the yen from surging, analysts say. "For the time
      Reuters  -  493 words
    • 782 10  -  Ministers discuss plans to reform IMF, multilateral development banks From, Anthony Rowley in Tokyo SEEING no immediate crisis in sight, the Group of Seven (G-7) finance ministers meeting in Tokyo at the weekend allowed themselves to shift their sights to the brave new world
      REUTERS  -  782 words
  • Page 10 Advertisements
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  • MALAYSIA news
    • 744 11  -  I-I I comment KL STOCKS EL stocks have room to go up bat there are some pitfalls too eddie toh THE Malaysian stock market has acquitted itself rather well a top performer worldwide despite widespread condemnation of the country's policy during the regional financial turmoil.
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    • MALAYSIABriefs
      • 59 11 AFX-Asia [KUALA LUMPUR] Malaysia's Budget for this year will be re-introduced to Parliament on Feb 25, Parliament Secretary Mohamad Salleh Hassan said. The Budget will be debated at the policy stage for seven days and two days had been set aside for Finance
        AFX-Asia  -  59 words
      • 47 11 Reuters [KUALA LUMPUR] Malaysia's Petroliam Nasional Bhd (Petronas) has awarded a US$l.5 billion (552.5 billion) contract to build the country's third liquefied natural gas (LNG) plant to a consortium which includes Japan's JGC Corporation. The contract is for a plant in Bintulu.
        Reuters  -  47 words
      • 43 11 AP [KUALA LUMPUR] After two months in isolation, jailed politician Anwar Ibrahim will return to the stand tomorrow in his sex trial, where he is expected to launch more biting attacks against Prime Minister Mahathir Mohamad. AP
        AP  -  43 words
    • 265 11 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad, who is on vacation, has cancelled a one-week official visit to Switzerland this week, aides said yesterday. The premier will skip the annual World Economic Forum in Davos where he is scheduled to deliver a
      AFP  -  265 words
    • 340 11 KUALA LUMPUR Bernama COUNTRY Heights Holdings Bhd's (CHHB) said the consortium bidding for the management of the multi-billion ringgit Millennium Dome project in London would submit its final set of proposals to the British authorities soon. The proposal would contain detailed
      Bernama; FILE PHOTO  -  340 words
  • Page 11 Advertisements
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  • Page 13 Advertisements
    • 88 13 i noy you re gonna hatG itig but I gotta work late. It took one hundred years to connect the first billion people. The second will take only five. The wireless revolution is at hand. And Agilent is testing and creating s components for all of it. From handsets to
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  • Page 14 Advertisements
    • 93 14 BROKAT Asia thanks all clients and business partners for making of us the choice e-services solutions K,jjo v I« Our clients include: j JH CABLE WIRELESS HKT DEVELOPMENT BANK OF SINGAPORE i i ,t. OUB SECURITIES i^^w SECURITIES PTE LTD UNITED overseas bank Our business partners include: i^iwihiihiwi BRBADVISION M.AvbiMMkir
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  • SOUTH east asia
    • 475 15 SINGAPORE SembCorp says 13 people hut, regrets force had to be used AFP SEMBCORP Industries, whose unit SembCorp Parks Management runs the Bintan Industrial Park, said yesterday that the Indonesian police and military mounted a joint operation to disperse demonstrators gathered at the
      AFP  -  475 words
    • 215 15 JAKARTA AFP AT least 22 people were killed and 50 injured yesterday as renewed clashes between Muslims and Christians broke out in Indonesia's eastern Maluku islands, church activists said. The fresh violence erupted on the eve of a scheduled visit by Vice-President Megawati Sukarnoputri
      AFP; REUTERS  -  215 words
    • 544 15 BANGKOK Privatisation won't be a distress sale now: World Bank's country director AP EMERGING from its worst economic crisis in modern times, Thailand appears ready to begin privatising at least parts of major state enterprises as urged by international lenders. Improvements in the
      AP  -  544 words
  • Page 15 Advertisements
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  • EAST asia
    • 166 16 BEIJING Reuters CHINA has postponed the introduction of a controversial fuel tax due in part to an unexpected rise in global oil prices, the China Daily Business Weekly said yesterday. "Because of excessively high oil prices, we have decided to replace the fuel tax with a
      Reuters  -  166 words
    • 351 16 TAIPEI Govt hopes to raise NTsl9ob from the sale this year; 12% to be sold in New York AFP TAIWAN will sell a third of the state-run Chung Hwa Telecom Co this year as the government further liberalises its market for entry
      AFP; FILE PHOTO  -  351 words
    • 379 16 AFP (TAIPEI] Taiwan's information technology industry has kept pouring capital into China despite a slowdown in the island's overall investment in the mainland, officials and industrial sources say. With its huge market potential and relatively cheaper production costs, China has emerged as
      AFP  -  379 words
  • SOUTH asia
    • 270 16 SHILLONG, India AP PRIME Minister Atal Bihari Vajpayee has announced a US$2.3B billion (553.99 billion) financial package for north-eastern India to fight the twin problems of insurgency and underdevelopment that have wrecked the region for five decades. The package, almost equal to the annual federal
      AP  -  270 words
    • 278 16 BANGALORE Former partner China Light now looking for Indian firm to work with AFP US-BASED Cogentrix Energy Inc has walked out of a proposed 1,000-megawatt power project in the southern Indian state of Karnataka following years of hurdles and delays, a partner said
      AFP  -  278 words
    • 48 16 [NEW DELHI] India's medium range ballistic Prithvi missile being transported through the streets in New Delhi yesterday, during rehearsals for India's Republic Day parade. The missile will be on display at the parade along with other defence equipment on Wednesday, India's 50th Republic Day. REUTERS
      REUTERS  -  48 words
    • 313 16 LUCKNOW, India Reuters INDIA'S most populous state advertised yesterday for new workers to break a week-long power strike which has plunged millions of people into darkness. The Uttar Pradesh government took out full-page ads in all the northern state's prominent newspapers to
      Reuters  -  313 words
  • Page 16 Advertisements
    • 359 16 INVITATION We invite buyers, buying agents, purchasing managers from department stores, supermarkets, hotels, restaurants, galleries, retail stores, antique stores, boutiques, wholesalers and importers/ exporters to visit our Indonesian products exhibition and display at: More than 100 manufacturers with hundreds new merchandise will be I featured at the fair such as:
      359 words
    • 57 16 i COLLECTIVE SALE BY TENDER Prime Freehold Residential Land in East Coast AMBER LODGE, 50 AMBER ROAD Site Area: 30,522 sq.ft. Tenure Freehold N Plot Ratio: 2.8 Q Height Up to 20 Storeys For investment report and tender documents, please contact: J James Chew Te< *****193 Fax: 468 5300 TENDER
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    • 20 16 Classified First. Looking for a holiday destination? Or simply getting away from it all? Check The Straits Times Classified First.
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  • WORLD news
    • 699 17  -  It forecasts 19.5% rise to USsl3sb in South-east Asia, Korea, China, India From Neil Behrmann in London [LONDON] Sovereign bond issues in key Asian economies are forecast to surge this year despite improved economic outlooks, according to investment bank J
      699 words
    • 431 17 PASADENA, California He calls science and technology engines of economic boom LATWP, AP PRESIDENT Bill Clinton proposed on Friday nearly US$3 billion (Sss billion) in federal spending for new research in science and technology, saying the two subjects have become "the engine of
      LATWP,; AP; AFP  -  431 words
    • WORLDWatch
      • 90 17 Bloomberg [PARIS] France Telecom, Europe's second biggest phone service provider, agreed to buy 40 per cent of Jordanian Telecom for US$5O6 million (*****.4 million) as it seeks growth away from tightening competition in Europe. Jordan's government put part of the state-owned company up for
        Bloomberg  -  90 words
      • 79 17 Bloomberg [SYDNEY] News Corp, the world's fourth largest media company, said it will increase its stake in Australian telephone company One.Tel Ltd to about 25 per cent by buying As2oo million (***** million) of its shares. The telephone company said it will use the
        Bloomberg  -  79 words
      • 91 17 Reuters [LONDON] British banking group Lloyds TSB Group has put its insurance subsidiary Abbey Life up for sale with a price tag of £1 billion (552.77 billion), according to a report in the Sunday Telegraph. The move comes six months after the purchase of mutually-owned
        Reuters  -  91 words
      • 64 17 Bloomberg [MIDLAND, Michigan] Dow Chemical Co, the second biggest US chemical company, expects to complete its US$ll.4 billion (Ssl9 billion) acquisition of Union Carbide Corp in the second quarter. The announcement comes amid increased scrutiny by antitrust regulators in the US and Europe
        Bloomberg  -  64 words
    • 265 17 LONDON Bloomberg MANNESMANN AG, Germany's largest mobile phone company, plans to bid for Energis Pic, the UK's biggest carrier of Internet traffic, if Vodafone Airtouch Pic fails in its US$l6l billion (*****.7 billion) hostile bid for Mannesmann, the Sunday Times
      Bloomberg  -  265 words
    • 153 17 STOCKHOLM AFP SWEDEN'S Nobel foundation has been allowed to play the markets with Alfred Nobel's fortune, which the 19th century scientist and industrialist left to finance the annual prizes that bear his name. Last Thursday the foundation announced that the national office of charters
      AFP  -  153 words
    • 667 17 NEW YORK NYT AMERICAN companies are reporting a surge in profits, giving investors reason to hope that the aging bull market may have more life left. With companies from Warner-Lambert to America Online turning in strong results, overall earnings growth
      NYT  -  667 words
    • 318 17 LONDON Reuters NEWS and financial information company Reuters Group yesterday confirmed that it had hired an executive from Goldman Sachs to jointly run its technology investment arm, known as the Greenhouse Fund, amid media reports that the unit could be set for
      Reuters  -  318 words
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  • Page 18 Advertisements
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    • 719 18 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF (I) CHASSIS GRAPHIC ART PTE LTD (II) FCF PTE LTD (In Creditors' Voluntary Liquidation) Extract of themmutes at the Extraordinary General Meetings of members ol (I) Chassis Graphic Art Pte Ltd and (II) FCF Pte Ltd
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  • COMMODITIES & futures
    • 571 19 COMMOPity Weekly Roundup AFP [LONDON! Oil prices soared last week, touching new nineyear high points and breaking the US$26 a barrel threshold to reclaim heights not seen since the 1991 Gulf War, as a continued producer cutback threatened a shortage. London
      AFP; Source: Bloomberg  -  571 words
    • Article, Illustration
      1487 19 Ail-senes Maturities > a yr; Short 1 3 yrs. Long > 3 yrs SDfOAPORE OOVEBinmrr SECTOITlEs bfDICATIVE PRICES AMPYIELDS 21 TAX-FREE BONDS Yield to Grossed Grossed 15.06.2001 4V*% 102.90 103.00 2.37 na no Maturity/ up up 01.09.2001 2V«% 99.98 100.03 2.26 no na Price Discounted (13% (26* 01.09.2001 2H% 100.10
      1,487 words
    • 1901 19 SICOM FUTURES fe ,a/ RUBBER (futures closing as at 5.30pm) RSS1 CONTRACT(S cents/kg) Close Volume Open Month HJflh Low Sett (tonnes) Interest FrtOO 108.25 300 100 Mar 00 111.25 300 900 Apr 00 115.25 May 00 1T7.75 RSS 3 CONTRACT (US cents/kg) Volume Open Motrth H> qh Low Sett (tonnes)
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  • MARKET OUTLOOK
    • 919 20 Q Sydney -2&2 TURBULENCE is expected on the Australian stock market this week, with rising bond yields, speculation about monetary tightening and uncertainty about technology stock valuations, dealers said on Friday. The Reserve Bank of Australia's benchmark All Ordinaries Index finished the week at 3,103.4, down 28.2
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    • 634 20 NKW YORK Investors widening search for beneficiaries of growth in telecoms services Bloomberg LAST week's rally in telecommunications shares lifted an unlikely pair of stocks, Enron Corp and Corning Inc, once known as producers of natural gas and glass cookware respectively. That's
      Bloomberg; FILE PHOTO  -  634 words
    • 217 20 HONGKONG AFP HONGKONG shares are expected to trade lower ahead of the Chinese New Year holidays amid lingering worries over a possible US interest rate rise, dealers said. "The market will test lower levels as there are no fresh
      AFP  -  217 words
    • 382 20 TOKYO AFP SHARE prices in Tokyo are expected to bounce back in the coming week after investors took a breather and locked in profits on information technology stocks, brokers said. The market should be supported by buying from new investment trusts to be set
      AFP  -  382 words
    • 359 20 LONDON AFP THE London stock market sank amid profit-taking in the key banking and media sectors last week after the heady gains seen the previous week and renewed fears of an imminent US interest rate rise. The FTSE 100 Index of leading
      AFP  -  359 words
    • 1847 20 □Paris -10&12 PARIS shares ended with a loss on Friday, tracking weaker US shares with interest rates and inflation worries still in the background. But strong technology, media and oil stocks helped limit the decline and the CAC-40 blue chip index ended down 0.5 per cent or
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  • STOCK klse
    • 8800 21 Week ended: Jan 21 INDUSTRIALS COftSWMT protects 2000 Last V«l »W Net Cap High Low Company Sale 000 H*h Law P/E Smll 372 3K> Ajinomoto 370 40 32 372 332 23.5 150.0 ,"5 <5 Anqkasa >11 14 738 116 100 163.7 392 290 Apollo Food Hlq 378 unch 65 390
      8,800 words
    • 444 21 AFP O Composite Index +25.72 MALAYSIAN shares may rise in the coming week on traditional buying before the Chinese New Year but some analysts say the long term outlook is less positive. The Kuala Lumpur Stock Exchange Composite Index closed on Friday at 953.96,
      AFP  -  444 words
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  • Page 22 Advertisements
    • 210 22 H if I* wc* c c I*- Im c" -"'s§aa§2^H^s V'*'-- V^-.>"• Jfr%s&-•"-", ~'V^—v*vv v-V .ffiX-f/'^.*'3k>S^?..• VV*c"k'&*£*>£*^"»,v*-- ."**S%",' A\-' v S^v£§&^^<»*Vv''*V' s < i a!&>^-'x: \?^?V^^. >%Nv^^^>*.'^*«^v"> r"<" y< v i. v'. >&?•■'■ i%* y.^&^rivv-■ y>* v^v'« v'.\ wy syyfr C~ Vi- v^,^^-'^ i>£ ,v .A*';?\ x 'V- V' 4
      210 words

  • STOCKS sgx
    • 10246 23 BONDS A WARRANTS art wniti fnm/ tfn M W M 1MM kv% ,»<C. I- Mk *2, H* L» SIM Cmwmv it, COM) Ml* LM M Mht Me. (Mitt) Mm Mi MM Seart*2 left 104 »0.5 t 3160 -Acer W*****1USS 41.5 0.5 215 41.5 41 41 41.5 33.1 1 156 78
      10,246 words
    • 572 23 SGX Derivatives Trading Weeklyßoundup [SINGAPORE] The week ahead will start with market participants working through the Group of Seven's "shared concern" over Japan's fears of a strengthening yen. Their concerns were raised at the meeting of financial ministers and central bankers in Tokyo on
      572 words
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  • Page 25 Advertisements
    • 282 25 Where to wine, dine and entertain..." 1 <]• ammm& Savour the distinctive mix of Feast on the exciting spread of local dishes we have for you such as Nasi Lemak, J Tauhu Goreng, Tandoori Fish etc. V,., f Do exsect a change in our daily menu. Price weject to 10%
      282 words
    • 58 25 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL UMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tat 737 9944 Fax: 733 3175 j sn m Advertise in Wine, Dine Entertain of The Business Times. Contact Patrick Ang at 740 1284, Amy Choo at 740
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    • 202 25 I 1 A Dbiii.... ,i lttw rrninjuii now y ml Mon to Thurs spm I am PublK Holiday Spm 2am sun cioted IBfIPHBHEmHIIIM happy houw Singer's Hub Spm 9pm daily The Coleman's KTV Lounge is 20% OFF fll drinks a cosy niche of endless fun and entertainment (except promotional With
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    • 154 25 Have a feast to remember this traditional occasion. There will be Japanese Sashimi, Fresh Oysters, Shark's Fin Soup, Suckling Pig and other heavenly treats. S3 3 for adults. $20 for children. For reservations, please call 432 5543. Pacific Privilege discounts are not applicable dtrng Chinac New Y'ear Prices subject to
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    • 146 25 KSlSapowN' with live English entertainment. Happy Hours 6pm 9pm daily $s+++ on all house pours 20% off all other drinks Reservations: 831-6310/6288 Mandarin ffi Su^mpurt—! 333 Orchard Road. Singapore *****7 Tel: 737 4411 Fax: 732 2361 luv\ci\ wtH»i one co*»y>llt»sg*fwry so(H- AvinV. $K.5"0«~w- (Wester* or loc«J), $\lSO*-*~>- (s<*t\>wicU) At Gordon
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  • Page 25 Miscellaneous
    • 823 25 ItM ;f») I fiTTSTa—^——— FMnhrall to discover that they 3.05 Monday Late Night nancial Data. a<in pMTvinnn«ati have 5S ln cnmnu>n Movie: Private Teach- T ~~j iS kK'b LitUe Sar than they ever though er Company. TVI J 4.30 Kidz Blitz Captain Zed 4.35 Little Treasurer. 12.00 NN Noon News/Era
      823 words
    • 268 25 CRYPTIC CROSSWORD ACROSS 4 Secretary returned with little rel--7 Steal in sympathy, despite integ- rity (7) 5 Cantankerous chap has to mend 8 Bound to go without article if be- diagonally (10) ing economical (7) 6 Is never wantonly contrary (7) 10 What the ancient mariner did to Committee receives
      268 words

  • Page 26 Advertisements
    • 105 26 VI I I a?* w v I ?S -'MS- I H ji Hf Hj ftfl I I w I I II HI E fK ConncctFirst America'" is a free upgrade to our spacious First Class when you buy a full fare, round-trip World Business Class ticket to the U.S. And
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  • Page 27 Advertisements
    • 360 27 Gasy mailing Singapore Post has launched a pilot project that lets firms download and print local mail postage, the first of its kind in Asia. RAJU CHELLAM has the details. Page 2 RAJU CHELLAM illSllfclF 1 iin i f-%. PfV^HPH^^ I -^Mp I -il B .ta^SuS WHB m fl KF
      360 words
    • 161 27 Top stories Oracle Asia-Pacific in strong e-business push Page 2 EDB MD Liew Heng San talks about making P TttißM S'pore an if infocomms kjdLafl hub Page 4 ILvl Zoom in on e-sports sites Page 14 As We See IT Unlike Y2K, Win2K or Microsoft's Windows 2000 is a good
      161 words

  • BIZIT
    • 678 28  -  Ull exclusive In Asia's first such initiative, Singapore Post has just launched a pilot project that lets companies download and print postage for local mail using the latest technology from America's Escher Group. Raju cheiiam reports Raju Chellam EARLY this month, Singapore Post launched its pilot project
      678 words
    • 687 28  -  Singapore providers looking at new wireless Internet solution, execs say Reports from Kenneth James in San hYancisco SOFTWARE major Oracle Corp enjoyed stand-out revenue growth in Singapore and the Asia-Pacific last year and expects to make further inroads into the region as it
      687 words
    • 306 28 Network will be primarily a marketing tool for the software company CALL it convergence marketing. Enterprise software major Oracle Corp will soon launch its own television channel on the Internet. The as-yet-unannounced five-channel Oracle E-business Network will include an "e--business TV" channel, described
      306 words
    • 388 30  -  II exclusive Total business spending by high-tech MNCs topped $565 m last year, says EDB Raju Chellam INFOCOMM and media multinational companies doing business in Singapore may spend about $1 billion more a year on infrastructure and services in the next two
      Source: EDB  -  388 words
    • ITTAKES
      • 78 30 NETWORKING leader Cisco Systems Inc has promoted Todd A Abbott to vice-president of its Asia operations, an area comprising Hongkong, India, Indochina, Indonesia, Malaysia, South Korea, the Philippines, Singapore, Taiwan and Thailand. Cisco said Mr Abbott, based in Singapore, has been in the region for over
        78 words
      • 45 30 INTERNET-PHONE provider Mediaßing.com Ltd has appointed Hwang Kuo-Wei as its new CTO (chief technology officer). Dr Hwang was previously with IBM at its Asean/South Asia HQ in Singapore. At Mediaßing, he will be responsible for its global technical strategy, the firm said.
        45 words
      • 53 30 Adobe Systems will hold a series of seminars on Adobe Acrobat Portable Document Format (PDF) technology, and on print and Web publishing. The seminars will be held on six days between Jan 26 and Mar 21 and cost $10 per session per head. For details, fax *****55,
        53 words
      • 59 30 FRENCH telecom giant Alcatel said it will cluster its 10,000-people operatioft in Asia-Pacific into one region, with HQ in Shanghai. Alcatel's operations in the Asia-Pac include the entire region, from South Korea to New Zealand, Myanmar to Fiji. Alcatel's chairman and CEO Serge Tchuruk said Ron
        59 words
      • 83 30 SINGAPORE'S Web hosting firm, Webvisions Pte Ltd, has opened its first Internet data centre here. It will be one of the first independent, dedicated hosting facilities in the Asia-Pac region. "As Internet operations have become more complex and costly, companies are looking to outsource their Web
        83 words
      • 93 30  -  Compiled by Raju Chellam COMPUTER Associates warns computer users of the 'Plage2ooo', a new worm which could threaten e-mail systems as well as e-business infrastructures. The worm arrives as a reply to an e-mail previously sent by the user, quoting the original e-mail in the reply, with
        93 words
    • 526 30 It says the site's new features violate copyright law Reuters [LOS ANGELES] A powerful music industry group on Friday said it was suing music Web site MP3.com Inc, alleging the company brazenly violated copyrights with new features that send music to any computer.
      Reuters  -  526 words
    • 656 31  -  FiKi we see IT Microsoft hopes to wow the world with Its new operating system raju chellam The writer is Biz IT Editor LET's take a look at the similarities first: The year 2000 (Y2K) issue had a deadline Dec 31,1999; ♦Microsoft's latest version
      656 words
    • 261 31 Reuters [WASHlNGTON] Intel Corp asked the United States to bar one of Taiwan's leading chip suppliers from selling competing personal computer components in the United States, alleging the company misappropriated patented technology, officials said on Friday. In a complaint filed
      Reuters  -  261 words
    • 478 31 The aim is to help low-income families go online NYT [PASADENA] US President Bill Clinton has decided to seek federal subsidies to help the poor buy computers and connect to the Internet, one of a number of initiatives to be included in
      NYT; AP  -  478 words
    • IT FORUM 2000
      • 730 32  -  Ad eventful and rosy future lies ahead for broadband networks in most Asian markets, writes samdra kg SANDRA NG The writer is director (communications and peripherals research), IDC Asia-Pacific GIVEN that it's early days for telecommunication liberalisation in this part of the world, the availability
        730 words
      • 249 32  -  By] Raju Chellam LOOK at some statistics: ♦A Deloitte Consulting study estimates e-business will cross US$l.l trillion (Ssl.B trillion) by 2002, from under US$l5 billion in 1997. ♦International Data Corp (IDC) says companies in the Asia-Pacific region excluding Japan spent US$4l.5 billion on technology purchases and
        249 words
      • 1069 33  -  Internet has transformed the way business is done for the better, writes p»nm.i.* RAINER FAMULLA The writer is a partner in the Andersen Consulting Financial Services practice MUCH has been said about how the Internet can cut the cost of serving customers. It
        1,069 words
      • 737 34  -  The convergence that will have the greatest impact on our lives is the combination of wireless and the Internet notes robert bong ROBERT BONG The writer is managing director, Nortel Networks Singapore CONVERGENCE means different things to different people. To many, the word "convergence" is
        FILE PHOTO  -  737 words
      • 737 34  -  These two are the principal technologies making the Net ready for business By I Steve Lewis The writer is general manager (messaging and collaboration), Lotus Development Corp. IT'S become increasingly apparent that while the Internet has broken down counUess barriers to communications, travel and commerce,
        737 words
      • 1155 35  -  To thrive in the electronic economy, e-infostructure is a must and intelligent storage is its main pillar, writes PAUL BATH PAUL RATH The writer is general manager, EMC South Asia IN his book, Waves of Power, David Moschella outlines five waves of information technology.
        FILE PHOTO  -  1,155 words
    • 400 36 The Washington Post [NEW YORK] Users of the Linux operating system anxious to watch DVD movies on their computers lost on two fronts last week. In New York, a district judge sided with the Motion Picture Association of America on Thursday, granting
      The Washington Post  -  400 words
    • 858 36  -  A strategy that unites business processes with appropriate technology solutions is the key By: Rei Jane Huai The writer is senior vice-president and general manager (Asia), Computer Associates Inc THE face of business in Asia has changed in recent times, with many companies overturning traditional
      FILE PHOTO  -  858 words
    • 680 36  -  j s gan The author has been involved in the Internet industry since the mid-*****. FROM the ancient ArpaNet, to the exciting exploration period of the mid 90's, the Internet has unfortunately evolved into a chaotic market of eyeball purchasing. Companies spend millions of
      680 words
    • 606 37  -  It hopes to raise at least $50m from its Singapore float; eyes Nasdaq listing by the year's end w Toh Han Shih SINGAPORE Internet company First Worldwide, like any other dot-com company that's worth its salt, aims to go public
      SIEW YAW HOONG  -  606 words
    • 482 37  -  Start-iip spends $500,000 on WAP project with Arthur Andersen By] Elizabeth Su ALLEGRO Auctions (www.allegro.com.sg), a local online auction company, has converted its Internet auction application into a secure WAP (Wireless Application Protocol) enabled platform using Arthur Andersen's security infrastructure. Allegro and Arthur Andersen's Labs
      Allegro Auctions  -  482 words
    • 280 37  -  HP and partners offer programme designed to minimise start-up problems By Andrew Wee HEWLETT-PACKARD Singapore has launched a programme that promises to help small and medium enterprises "jumpstart" their elec-tronic-commerce capability. The programme, Jumpstart for Startups, includes hardware, Web design services, legal advice from law
      280 words
    • 651 39  -  I si I exclusive The portal expects revenues of $lm this year from Web advertising, and $8m next year lh h Andrew Wee ASIAN search engine and portal, Catcha.com will expand into two other Asian countries Australia and Thailand by the end of this year
      SIEW YAW HOONG  -  651 words
    • ON THESHELF
      • 67 39 HOME-GROWN ACS Innovations is ready with the Compro EzGate Duo, an Internet telephony device designed for the SOHO (small office, home office) and small businesses market. It lets consumers make long distance calls at local Internet charges; offering a low cost alternative to standard international
        67 words
      • 82 39 NOVELL Inc is now shipping NetWare 5.1, its latest server operating system that offers technology for using open, Web-based e-business applications, network management and resources. Novell said customers can use Web-based applications on NetWare 5.1 with the inclusion of both IBM Web Sphere Application Server 3.0
        82 words
      • 89 39 MACROMEDIA Inc has announced Macromedia Courseßuilder for Dreamweaver, an extension application to Dreamweaver 3 for creating interactive Web-based learning applications. It works with Windows or the Mac, and enables Web developers and subject matter experts author training content in a visual environment quickly and cost-effectively, even if
        89 words
      • 48 39 ADAPTEC Inc announced four new Ultral6o SCSI cards that double the speed of Ultra 2, the current worldwide SCSI standard. The new cards are ideal for transaction-heavy environments for e-business applications and for traditional storage applications. Prices start at US$259 (*****). For details, fax *****87.
        48 words
      • 70 39 and PowerBook adapter ADAPTEC Inc's Power Domain SIimSCSI 1480 Cardßus adapter for Apple Powerßook users is now ready, and offers users the added performance and connectivity options that Mac desktop SCSI users enjoy today. It takes advantage of the Powerßook's 32-bit PCMCIA slot to deliver speeds up to 20 MBytes/sec,
        70 words
      • 66 39  -  Compiled by Raju Chellam QUANTUM Corp has announced its third-gen, 7,200 rpm desktop drive, the Fireball Plus LM. The 3.5-inch device comes with Quantum's Shock Protection System, Data Protection System, and Quiet Drive Technology, and is the firm's fifth hard disk drive to incorporate GMR (giant magneto-resistive)
        66 words
    • 476 39 A Home Gateway will connect everything from refrigerators to PC to fax machines Bloomberg [SAN JOSE, California] Cisco Systems Inc, Sun Microsystems Inc and GTE Corp have joined to develop products designed to let consumers link multiple computers and home appliances
      Bloomberg  -  476 words
    • DOT com
      • 854 40  -  The Web is the perfect medium for sports fans to kick leg, TOH HAN SHIH finds out TOH HAN SHIH SPORTS is now covered not only on TV, radio and newspapers, but on the Net as well. In Singapore, companies ranging from a startup like Zoomsports.com
        854 words
      • Briefly.com
        • 102 40 COMMERCE Exchange, a business-to-business e-commerce enabler, said it has tied up with ei-Nets.com to provide a seamless e-payment solution that supports online trading within the M&E (mechanical and electrical) engineering online community. ei-Nets.com is designed as the virtual cyberspace hub for communities in the lighting,
          102 words
        • 48 40 US-based NBC Internet Inc and Hongkong-based Asiacontent.com Ltd have tied up to form a joint venture to launch community, content, Internet portal and e-shopping services throughout the Pacific Rim countries, including Singapore, Hongkong, Malaysia, South Korea, Taiwan and others, a joint release said.
          48 words
        • 71 40 SINGAPORE-based Brokat Asia Pte Ltd, a subsidiary of Brokat Infosystems AG, and Ways India Ltd, a provider erf e-solutions, have tied up to offer secure and flexible online solutions to banking and financial institutions in India. The two firms will also develop applications on Brokat's
          71 words
        • 67 40 HEALTHANS WERS Singapore Pte Ltd has launched www.healthanswers.com.sg, an e-health Web site that offers medical and healthcare information. It is Health Answers' first English Web portal outside the US and the second in Asia. The site offers local health and medical content, is updated daily,
          67 words
        • 91 40 NETWORKING leader Cisco Systems Inc said the first batch of eight trainees under Singapore's TAP (Training and Attachment Programme) will train for 18 months at Cisco's in Silicon Valley. The trainees will gain exposure to next-gsneration Internet and networking technologies and solutions and
          91 words
        • 56 40  -  Raju Chellam SING APORE-based Catcha.com, which owns a network of local search engine portals in Singapore, Malaysia and Indonesia, has invested $1.8 mill ton in the Philippines' top Internet search engine, Yeheyl (wwwythey.com). Catcha.com will Jointly own Ydiey.com with YeheyTs original founders and WS Computer Publishing Corp,
          56 words
  • Page 28 Advertisements
    • 31 28 Classified First. ;-V Looking for a holiday destination? Or simply getting away from it all? Top of your itinerary: Check The Straits Times Classified First. Buy It. Sdl It. Find ft.
      31 words
    • 214 28 V '*> v >■ s W* *V -<£ 4 L -'^jSrCV jggfa*M&aii* *jyfc !.•> H F If you've answered yes to this question, you are then aware of the benefits an ERP system can yield in the form of improved customer service, reduced inventory investment, 4 increased productivity and enhanced
      214 words
    • 41 28 All you need is an C\ /7 3* 'outlay M attract the «•-C Yvi f big bucks VLr V. rs 5 Fast ads helps you reach the masses cost-effectively ($8.40* per col cm). Call 1800-737-1166 for attention. —N\ 'StJnn i to(iST
      41 words

  • Page 29 Advertisements
    • 56 29 I IKHP v if JF I Exchange The preferred messaging and collaboration server that allows your team to work together more effectively. SQL Server The best database server for empowering knowledge workers to have unprecedented business intelligence. Windows The most popular operating system for sharing knowledge via the Internet on
      56 words

  • Page 30 Advertisements
    • 111 30 I Un fo rtu n3to ly Your IT department does not back up aI I b all your data. Neither can they retrieve I there is no such thing c B f M you have lost. Saving and as a lost and found i| storing your data is your responsibility.
      111 words

  • Page 31 Advertisements
    • 33 31 K v HI handheld computers mobile connectivity accessories other related hardware software value-added services j-ml Retail store: 109 North Bridge Road, #05-23, Funan the IT Mall. Singapore *****7 Customer Hotline: (65) *****55 HHHII
      33 words



  • Page 34 Advertisements
    • 248 34 V I IT In The Internet Era: Touching Everyone's Life. Eand enables you to make giant strides in Founded by Charles B. Wang in 1976, simplifying all aspects of your business. From the CA is the world leader in mission-critical software way you sell and buy, to the manner you
      248 words

  • Page 35 Advertisements
    • 79 35 For more or 98HHMHHL WHMiiUMM JIHHBHHHHHIHHHHH The AcerPower 8400 series. With Acer's system manager to let you monitor the entire network from one point. Powered by the Intel* Pentium* 111 processor. O 1999 Acer, Inc. All rights reserved. Acer and the Acer logo are registered trademarks and AcerPower is a
      79 words

  • Page 36 Advertisements
    • 268 36 Still The Best... Ilcnlcy Management College are leaders in the field of flexible MBA programmes for busy international executives. Henley is the first international MBA programme to be offered in Singapore in 1985 and since then, Henley has built a formidable presence here and around the world. The Henley MBA
      268 words

  • Page 37 Advertisements
    • 10 37 1 C ATJS. 1 Buy It. Sell It. Find It.
      10 words
    • 204 37 Business Express Plans Business Class Just Got A Whole Lot Better. DETAILS: http://webvisions. com/businessexpress/ mxutSms I TO ORDER: http://webvisions.com/order/ webvisions 3 Steps to Your Corporate Email Web Site 1. FAX Your Business Card to 773 9389 Business Express I-III: 2. SUBMIT Your Business Express Plan order online EMAIL: Unlimited Virtual
      204 words
    • 201 37 t CHEERS TO SINGAPORE'S BEST FUND MANAGERS! r f 4 v £y itm Jmb J|p ;-v ftfir't^ t-^\ 1 rji. V >s n*, -"''i r W*' "3p! 2*3Hfe* j»gPL*rV 3f .*> .:W 1999 INVESTMENT FUND AWARDS 18 February, 2000 Guest of honour: Mr Ngiam Tong Dow Chairman of the Central
      201 words

  • Page 38 Advertisements
    • 950 38 i MITA(p) 035/12/1999 ADVERTISEMENT TheßusinessTimes SINGAPORE *t *1 Forbes Global I m I I A A m Double your investment. m. Buy into The Business Lj. Jay Walker. Chris Gent. Ever wonder what these men are 9 thinking of next? Read > I l 111 1 Ir Times and Forbes.
      950 words

  • Page 39 Advertisements
    • 9 39 Wake#* p TheNtraU»Ttiii«w Start your job search early. Read
      9 words
    • 103 39 GET $500 FOR YOUR *OLD PC when you purchase NCL®-PRESTIGE now!! *PC must be in working condition mm Pentium 111 500,mh? 5 Integrated 44x CO "OM ft 1.44 mb FDD < iM sciftpCS y& .wide viewing angle I Ethernet Card I 2 Serial, 2 USB, I 2 PS/2, 1 LAN
      103 words


  • SHIPPING TIMES
    • 470 41 European Union proposes measures to prevent a repeat of Erika oil spill AFP [STRASBOURG] European Commission members promised stepped-up checks on "high-risk vessels" regardless of their place of registry, to prevent a repeat of the Erika oil spill off France's Brittany coast. Older
      AFP; AP  -  470 words
    • 295 41 Contributed by Simpson Spence Young THE highest profile report concerned an en bloc deal for six Hyundai container vessels, said to be committed to clients of Thor Dahl in Norway at about US$l47 million. This business is understood to have been under discussion for some time now and
      Contributed by Simpson Spence & Young  -  295 words
    • 274 41 mmmammmm Jaa21 u CWT Distribution U9 -0.01 34 Cooco investment t03 -0.03 140 Fretaf* Unkl 0J7 -0.01 270 G8 Holdings 0.86 unch 0 Hal Sun Hup 0.80 unch 124 IMC HoMngs-HK 5.60 uncti 0 Jay a Holdings 1.20 -0.01 21* Jurona Shipyard 1.62 uncti 0 KeppoiCorp 4.06 -0.06
      274 words
    • 622 41  -  LINER SCENE By David Hughes AS usual at this time of the year those who worry about statistics are poring through the figures to see which container port handled most boxes last year. It looks like Singapore's 15.9 million
      622 words
    • 286 41 Bloomberg [MUMBAI] Indian trade unions called off a five-day strike by about 100,000 port workers after the government agreed to consider their pay demands. The strike disrupted 11 ports and caused export losses estimated at US$9O million (*****.3 million). The strike began after
      Bloomberg  -  286 words
    • 215 41 Bloomberg [JUNEAU, Alaska] Royal Caribbean Cruises Ltd agreed to pay Alaska US$3.5 million (Sss.B million) to settle a lawsuit, after the world's secondlargest cruise line admitted to dumping oily water off Alaska's coast, state officials said. The fine will go to
      Bloomberg  -  215 words
    • SHIPPING news
      • 286 42  -  Bid to extradite Panagis Zissimatos to be jailed for fraud Reports by David Hughes in London TUB International Transport Workers' Federation (ITF) has launched a campaign for the extradition of the former owner of Adriatic Tankers, which went spectacularly bust in
        286 words
      • 270 42 GOLDEN Ocean chairman Fred Cheng has resigned from the company as it reorganises its financial structure. His controlling stake in the firm is to be sold, leaving him with a small, single-fig-ure percentage of the company's equity. Cash-strapped Golden Ocean has the
        270 words
      • 191 42 THE independent tanker owners' organisation could drop several classification societies from its approved list, which currently consists of the 10 members of the International Association of Classification Societies (lACS). Intertanko's chairman Dagfinn Lunde said the organisation was displeased with the way societies were not all
        191 words
      • PORTShots
        • 127 42 A COLLISION in the Caribbean has left two men missing, presumed drowned. The 42,258 dwt bulker J Marion Sky, flagged in Singapore, collided with the 6,288 dwt Antigua and Barbudan-registered general cargo ship Industrial Century about 160 km north-west of Grand Cayman in calm weather.
          127 words
        • 118 42 HIGH-speed box ship specialist Norasia has unveiled two new designs, although the second is still very much on the drawing board. The latter is that of a proposed 40-knot container ship. The "stabilised mono-hull" design will employ two large, thin pontoons on either side of
          118 words
        • 126 42 THE stake in Norwegian Cruise Line (NCL) owned by Malaysian operator Star Cruises has fallen to 48 per cent following further bond conversions by the management of NCL. Kristian Siem, chairman of NCL, and the bloc opposing Star's outright bid now holds around 30
          126 words
        • 99 42 GERMAN liner firm DSR-Senator faces serious difficulties after losing a court appeal which will see it forced to pay US$l4 million (5523.4 million) to the European Union. The fine arose out of a US$275 million penalty imposed on members of the Trans-Atlantic Conference Agreement. DSR-Senator was
          99 words
        • 84 42 GERMAN classification society Germanischer Lloyd has launched a new "handy reference" of IMO regulations and guidelines for shipping firms and shipyards. IMO Pilot 1999/2000 is a set of reference tables and summaries for current and expected future rules and is free. It has been designed
          84 words
    • 294 42 PAGE Dongnama 3 ANL 3 ECL 4 Accord 8 ECU Line 6 Ahrenfciel M ESP Lines 13 AppensMp 5 6 AsiaOCL 13 f 00^50 8 q 8 W links M Avant 14 CLinfc 4 B'tang Mas 8 6 7 Genshpg 13 BTl 14 6l0b- 13 Baiaji Shpq
      294 words
    • 19108 49 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartisar VmsM Voyaga Talaphona ETA ETA Advartlsar Vnu4 Voyaga Talaphona 09/02 10/03 CCNI PfcONLl SANTIAGO 0206E 65-*****31 l° m JffVT lAB il 2 ™L> To BUENOS AIRES (BUE) 2060 Argentina ioiZ !T/r» u =lvr. ~T ***** 27/02 Norsul CSAV SANTOS (MS
      19,108 words
    • SHIPS IN PORT
      • 500 55 Vessel Voy No Berth Arrival Departure s«" f»W» 02/00 J17 23/01/7 45 23/01/2130 Bt AfruH ***** JOI 23/01/9:10 23/01/23:00 Bt Iwtiri I ***** JOI 23/01/11:30 2V0V2330 2011 J02 23/01/13 45 23/01/18 00 Dicheng 15 J16 23/01/18:30 24/01/23:00 Bitulicin 68 J13 23/01/2330 25/01/11:00 Bt K Ji»i ***** JOI 24/01/8:00
        500 words
      • 2060 55 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr P«rkxl From To From »CI JAM 90S 24/2300 2A 22/1700 23/0*59 23/0900 20 22/1700 23/0659 2 J/0900 23/0700 23/1159 23/MOO 4 23/1200 23/M59 23/1700 ACXUUC 008A 25/1200 2A 22/1700 23/0*59 23/0900 21 22/1700 23/0659
        2,060 words
      • 811 55 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 mar ket. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and
        811 words
      • 190 55 Jan 24 New Zealand: Market and Public Holiday, Wellington Anniversary Day. Jan 31 New Zealand: Market and Public Holiday, Auckland Anniversary Day. Jan 5 Sweden: Financial Market Close. Feb 6 New Zealand: Public Holiday, Waitangi Day. Germany: Epiphany Day. Sweden: Epiphany Day. Maris Taiwan: Market Holiday for Presidential
        190 words
      • 551 55 Carbon 180 Mm 990.5 0.8 19.0 0.06 78 0.06 Jm 20 Dmtty Weter NiMw As* AluaMm Stdiamt No Mow E25 0 0 20 0 0 0 380 Aw 985.3 0J M.1 0.05 36 0.02 Cum 380 MM 992.5 17 17.7 0.09 72 0.05 WM*l %v/v %M/M
        551 words
    • AIR & LAND transport
      • 439 56 AUSTRALIAN AVIATION FUEL CONTAMINATION Planes being issued with kits for testing contaminated engines AFP [CANBERRA] Australia's civil aviation authority expect thousands of small aircraft grounded for most of this month because of contaminated fuel supplied by Exxon Mobil Corp will be cleared
        AFP; FILE PHOTO  -  439 words
      • 394 56 Bloomberg [HONGKONG] Air New Zealand, Korean Air and other airlines benefiting from rising demand from Asian travellers must now counter an unwanted increase: the one to their fuel bills. Jet fuel more than doubled in price during the past year to about
        Bloomberg  -  394 words
      • 197 56 AFX-Asia [BEIJING] China's airlines may not buy new aircraft this year except for China-made, short-hop passenger planes, Liu Jianfeng, head of the Civil Aviation Administration, was quoted by the China Daily as saying. He said state-owned airlines had an oversupply of
        AFX-Asia  -  197 words
      • 217 56 Reuters [CALGARY] Air Canada dispatched one of its top executives to be the No 2 officer at new unit and former rival Canadian Airlines Corp to help meld the two organisations following the takeover. Montreal-based Air Canada, which acquired ailing
        Reuters  -  217 words
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    • 20 54 jkv Send 48,000 copies of your jP|ft sailing schedules around Asia. Ptoce an ad in... shippingtimks lm) *5 mo rtm
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