The Business Times, 1 March 2000

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Total Pages: 48
1 48 The Business Times
  • 14 1 THE BUSINESS TIMES MITA(P) 036/12/1999 SINGAPORE Internet: http business-times.asial .com.sg WEDNESDAY. MARCH 1. 2000
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  • 62 1 nBT-SEI Li mM (-6.29) Plsoiscirananß U nan <+1.70) STOCK MABKET INDICES Tuesday Change KL8ECOMP miM -1J3 NIKKEI HANG SENG 17,M»44 +186.90 8KNNDEX 174* 14.87 I JAKARTA OOMP tkm* MANILA OOMP —1MIM -78,71 TAIPHWP1 A4KJ4 +l« 1 8EOGLCOMP ffl&38 OSA CHINA B 790.94 *2 ABBTALLOB) 11#.? +17.7 JL. Hot
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  • 75 1 POtEX BATES USt 91 USS L7» 2(US$/S$per2) 1JM 1341 EUSO(l)S$/SS/E) MM IMI DM MB MM f YH» fltt UM n mm i« IRS 7.78 U2t BAHT MM MM MJFIAH 7,430 MM* •sttomudt* FUME BATES SINGAPORE* 580 KUALA LUMPUR 7*7 JAKARTA ».M BANGKOK 9JO MANILA UJt HONGKONG 8.50 TAIPEI 7.84
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  • 1076 1  -  HE tycoon beats Sing Tel in OSs3Bb battle for HKT By Catherine Ong [SINGAPORE] A dose of politics, a bold Internet strategy and the most bankable family name in Hongkong combined to help Richard Li pull off the biggest corporate takeover in Asia,
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  • 940 1  -  U% hike for cemmertial land; levy for hotel and iidinhHil ImnA mainfiiiuM] By\ Carol Eng, Marissa Chew [SINGAPORE] Property watchers were taken aback yesterday by the government's steep 27 per cent hike in development charges (DCs) for residential land. They were also surprised
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  • 665 1  -  HOCE ZiOCS SSBW By] Lee Han Shih DONT think the action is over now that Cable Wireless HKT has found a new parent. The fun is Just about to start. If there's one lesson to be learnt from the last three weeks' battle
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  • Page 1 Advertisements
    • 177 1 dispe H■ sSmnSlM^^l nra ■srcgm iwaii ||Ilj|M Top stories sit firms oy mw cap Ji'T v 'T? Retail giants launch online exchange. fa 14 MORE REPORTS Mar gad entity said to be worth USsBob,Pg3 Sing Tel soars on News Corp news, Pg 3 HKT mom firmly in HK hands, Pg
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  • NEXT page
    • ON THE grapevine
      • 59 2 AT DBS Bank's recent annual Chinese New Year gathering at the Westin Hotel, guests were treated to the sound of Indian music. When one guest asked a senior DBS bank officer the reason for the break with tradition, he quipped: "Don't you know we have an
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      • 85 2 EFFECTIVE Capital's Mohamed Moiz the only private sector contender for the frozen Malaysian Clob shares—was seen driving the humble Proton Wira yesterday. When asked why he was driving the Malaysian marque, he quipped: "Nationalistic." Nationalism has its rewards too. With the blessing of the Malaysian authorities, Mr
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      • 49 2 THE sole woman contender for the frozen Clob shares Malaysian lawyer Tai Sim Yew—appears to have given up her pursuit quietly. She has moved out of her engineering firm Kejureteraan Jati Emas in Ampang, according to an employee. Ms Tai's handphone has also been disconnected.
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    • 558 2  -  By' Wong Wei Kong [SINGAPORE] Some $74 billion has been wiped off the market value of Singapore listed companies since the stock market peaked at the start of this year. At the close of trading yesterday, the market capitalisation of
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    • 545 2  -  Past performance of funds will be excluded if there are major changes in staff, organisation, process By Siow Li Sen [SINGAPORE] Substantial changes of personnel or investment process in a fund management company can lead to the past performance
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    • 491 2  -  The deal will give it access to Quicken financial products By, Jeanette Pang [SINGAPORE] SPH Asia One Pte Ltd, the Internet arm of Singapore Press Holdings, has forged further into the online financial services business by forming a venture that it plans to
      491 words
  • Page 2 Advertisements

  • TUSSLE for HKT
    • 948 3  -  CyberWorks may spin off parts of HKT to woo conservative investors; analysts FYom. Meera Tharmaratnam, Quak Hiang Whai in Hongkong FRESH from clinching Hongkong's former telecoms monopoly Cable Wireless HKT, executives at Pacific Century CyberWorks said the newly-forged combined company to be renamed
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    • 554 3  -  Losing HKT may be blessing as new partnership seen to have better synergy By 1 Teh Hooi Ling [SINGAPORE] With the emergence of media giant News Corp as a partner, investors are now excited about Singapore Telecom's prospects and actually cheered it for pulling
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    • 602 3 PEOPLE He leeks let to become the territory's 2nd richest man AFP [HONGKONG] Emerging Hongkong Internet tycoon Richard Li was yesterday set to assume the mantle of second richest man in this notoriously money-obsessed territory, trailing only his father Li
      AFP; AP  -  602 words
    • 638 3  -  :jri comment ASIA WATCH Despite the setback, it demonstrates the new 'can-do' entrepreneurial spirit which the country wants In its corporate scene yang razali kassim SO the high drama in Asia's largest merger battle is over, at least for now. SingTel, Singapore's
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    • 341 4 C&W spurns Sing Tel CyberWorks Complied by BT company with a combined market capitalisation of nearly USs6ob. A high-level Singapore government delegation goes to Hongkong to explain merger proposal to Chief Executive Tung Chee Hwa. Prime Minister Goh Chok Tong also contacts Mr Tung on the
      Complied by BT; Reuters  -  341 words
    • 594 4  -  It will pump 18 dot-coms into the 50-50 joint venture By l Catherine Ong [SINGAPORE] CMGI, the leading Nasdaq-listed Internet investor, will inject 18 of its dot-com businesses into a 50 —50 Asian joint-venture with Pacific Century CyberVentures, said a senior
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    • 68 4 The planned tie-op with News Corp adds exciting potential te all of SingTel's regional assets, which will be realised by listings of the Internet-related businesses.' —Alexandra Connor of Indosuez WI Carr 'Besides the infrastructure, I think HETs best asset is the people, the management.' —Richard IA 'I
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    • 402 4 Reaction from Hongkong Editorial in today's South China Morning Post PACIFIC Century CyberWorks' acquisition of Cable Wireless HKT is another step along the road to the renaming of Hongkong as Li Land Incorporated. The deal, which will be welcomed as putting the company firmly
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    • 560 4  -  Reactions from London But analysts believe firm, with market cap of £31b, is in play From'. Neil Behrmann mLondon CABLE Wireless (C&W) pic shares plunged on the London Stock Exchange early yesterday, following the sale of its 54 per cent stake in Cable
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  • SINGAPORE companies
    • 603 5  -  But market disappointed with the delay in disclosing its Internet strategy Reports by Lee Han Shih DBS Land yesterday released a set of much-improved results, but disappointed the market by deferring the unveiling of its Internet strategy to the end of this month. "We will
      603 words
    • 482 5 UP to $500 million of the $1.3 billion worth of buildings securitised by DBS Land are still held by the company in the form of bonds, it was revealed yesterday. This was disclosed by DBS Land general manager Fan Kow Hin,
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    • 399 5  -  By < Ven Sreenivasan STOCKBROKER Kim Eng Holdings' shares surged to a three-month high yesterday on market rumours of a potential merger with another broking house. The stock leapt 14 per cent to a high of $1.16 in intraday
      399 words
    • 569 5  -  Homegrown software firm plans Nasdaq, SOX listings; Goldman takes 10% stake By\ Conrad Raj HOMEGROWN software company Knowledge Engineering aims to join the billion dollar club in terms of market capitalisation when it goes public either late this year or early next year on
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    • 425 8  -  Group also forming a new division to focus on e-bnsiness opportunities Byi Conrad Raj SINGAPORE Technologies is buying a 40.55 per cent stake in Singapore Computer Systems (SCS) from SembCorp Industries and forming a new division to focus on e-busi-ness opportunities. At the
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    • 542 8  -  IPC to issue 140 m shares at 43% over market price By Wong Wei Kong UNDERLINING its e-com-merce ambitions, IPC Corp yesterday said it will acquire all of US-based Internet infrastructure services firm brokerserver.com Inc for $84 million which will be
      CHRIS LOH  -  542 words
    • 198 8  -  By Andrea Tan FJ Benjamin's Manchester United megastore and cafe will occupy about 15,000 sq ft at Orchard Parade Hotel and cost $4.5 million. The first Theatre of Dreams flagship store outside the United Kingdom would be spread over two floors of prime
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    • 329 8  -  By, Andrea Tan SINGAPORE Press Holdings (SPH) yesterday revised the advertising rates for its flagship paper, The Straits Times. Effective from April 1, display advertising on Mondays to Wednesdays enjoy a 2 per cent discount per column centimetre. Advertisers will however be
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    • 454 9 It prefers to focus on using technology to enhance its business Reports WHILE other developers are busy with tie-ups in Internet portals and setting up venture capital funds to invest in start-ups, Singapore's largest listed property company will instead concentrate on using
      ST  -  454 words
    • 317 9 CITY Developments will launch The Equatorial in May, the first of its projects to come with "i-home" features. The 95-unit freehold condominium, on the site of the namesake hotel at the corner of Stevens Road and Bukit Timah Road, will be
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    • 249 9  -  By Ling Su Ann ORCHARD Parade Holdings (OPH) and Sino Tech yesterday announced their first joint investment in SQL View, a local knowledge management company moving into e-commerce. Under the agreement, OPH and Sino Tech, both subsidiaries of Far East Organization (FEO), will each
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    • 473 9  -  He says real businesses with strong yields not getting enough interest From Quak Hiang Whai in Hongkong WHILE major conglomerates in the region are tripping over each other to jump into the Internet and telecommuni cations-related businesses, the newly-ap-pointed taipan of
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    • 159 9 METAL stamping specialist Amtek Engineering recorded a 63 per cent drop in net profit to $3.5 million for the six months to Dec 31. But writeoffs of more than $7 million turned the earnings into losses at the bottom line. Loss after extraordinary
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  • Page 5 Advertisements
    • 656 5 Seminar on International Trade Finance Operations Risks, Controls Accounting Aspects Letters of Credit are important financing instruments in import/export transactions. A badly opened letter of credit exposes the company to risks, financial loss, higher cost and bank charges, delays in arrival of goods and more. Similady, for the beneficiary of
      656 words

  • SINGAPORE markets
    • 468 6 Stocks Vokus Uraco HWgslOc 93,160,000 IPC Corpn 5c 06.354.000 Inno-Pac 20c 34.460,000 Ooldtron20c 26.996.000 SingTel 15c 25,579,000 Form Hfcjgs 5c 23.907,000 KimEng2Sc 21,533,000 NOL 15.120,000 BenelunHKIOc 13,956,000 MMI Htdgs 10c 13,151,000 Stocka SingTel 15c 71,627,567 UOB 53,047,090 OC8C 44,147,069 IPC Corpn 5c 37,403,640 ST Assembly 25c 33,541,900 Uraco HWgelOc 33,246.785
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    • 118 6 AUSSINO.COM's96 million shares, with a par value of five cents each, will be listed on the mainbotutTs commerce sector today. URACO Holdings substantial shareholder and director NgKok Heng has sold two million shares in the company for $727,000, trimming his interest to 50.9 million shares or 7.86 per
      118 words
    • 561 6  -  STOCKS r.sivanithy LOCAL stock market players remained unmoved yesterday by positive signals from overseas markets and instead focused their energies on churning the second line and penny stocks. There didn't seem to be much method to the madness in these counters
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    • 232 6  -  HOT STOCK By' Wong Wei Kong SHARES of Form Holdings were actively traded yesterday, with the counter finishing among the session's most active stocks. Form shares finished up two cents or 9.3 per cent at 23.5 cents. The stock opened at its day's low
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    • 197 6  -  WARRANT WATCH By R Sivanithy THINGS don't seem to be particularly good in both the local market or Malaysia at the moment. In fact, apart from Hongkong, things don't seem to be very healthy anywhere in the region. The main reason is staleness there are
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  • Page 6 Advertisements
    • 628 6 AUSSINO I LONDON NEW YORK PARIS I JJJJ» in re «P ect 0* 24,000,000 Ordinary Shares of $0.05 aach comprising 16,000,000 New Shares and 8,000,000 Vendor Sharas as I W Sharas at $0.88 for aach Otfar Share by way of public offer; and I (b) 19,200,000 Placement Shares by way
      628 words
    • 71 6 Looking for a forum talk stocks? Chstihe the place to be Find i.- s* http //iol dbs com so >!<[)[ *SBANK Larry Wee's currencies cohmm appears on Page 32 1 i SELL^ mkM Classified ads make just about mlm anything an easy sell. No matter what it is, you can
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  • Page 7 Advertisements
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  • Page 8 Advertisements
    • 229 8 I—e ,Aft<w— f^PA At g vw i jrt /^TJi SBS-.HSP JJWr -257;.£n -'$&fcfe&* < S ''~y*i < 'y.'^ TF^St^wrSlMfc^■ Ty B^^^wpp^^BHß ~m& BjBF ness j9 19 3 Bfl BB jy^ ImH C -'|r Business has Its risks. Insolvent buyers, bad debts and political uncertainties, to name a few. <MS^ A
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    • 110 8 j. t. f fm > ft M fjM X f r AEROFLOT W\ Ac roflot (o 1 niulnn. 11 li con veil ien comu-iiKHis iltc Russian International Airlines ivst »)l 1 iirone, .iiul the choice of a IS hk\n Slivil. 01 IL I .nit I n nit; low v i
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  • Page 9 Advertisements
    • 99 9 iw- t pv-.-y V THE LIMITED EDITION VOLVO S7O CONES WITH HIDDEH EXTRAS. w a iiimminniiiiiiuiuiAMiwiHiiiWTri w i- 1 hb llilllllllllll if 11 ■ntirnrflffffrf 1/1 II i h m ■p rAumuuiiiiiiu■anuiiiiiiiiifiiiis jna, Raise the bonnet and you 11 find a new, more powerful 2.4 litre engine coupled to a new
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  • SINGAPORE news
    • 339 11  -  T^xclusive Arnj vacates lawJiwaA ftmp warrant officers' club U follow By 1 Marissa Chew THE Army has moved out of Beach Road Camp, paving the way for redevelopment of the landmark site and the neighbouring Warrant Officers and Specialists Club. The
      SIEW YAW HOONG  -  339 words
    • 331 11  -  It also calls for more local content to be developed By' Toh Han Shih THE National Internet Advisory Committee (NIAC) is urging the private sector to regulate itself over Internet policies and calling for more local Internet content to be
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    • 329 12  -  Move in anticipation of cheaper intfl leased circuits from next month By. Audrey Tan SINGAPORE Cable Vision (SCV) will cut its broadband access prices with effect from today, in anticipation of cheaper International Leased Circuits (ILCs), come April 1. SCV said in a
      329 words
    • 312 12 THE exhibition industry saw good progress despite the economic crisis, with an annual average growth of 8.3 per cent since 1997. And the trend is likely to continue with projected 5-10 per cent growth for this year. "Singapore has identified the exhibition
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    • 483 12  -  Jebel Ali free zone in Dubai is home to 18 Singapore firms including Thakral, CWT Reports from Eugene Low in Dubai WHAT do you do with 100 sq km of desert situated at the mouth of the Arabian Gulf? You can, like
      TAN LAI HOCK/LIANHE ZAOBAO  -  483 words
    • 289 12 SINGAPORE and Dubai have agreed to form an inter-min-istry committee to explore ways of boosting cooperation in trade, information technology, electronic commerce, port management and human resource development, said Prime Minister Goh Chok Tong. "There are opportunities for greater cooperation between Dubai and Singapore
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    • 265 12  -  Insurance group to hold equal stake in joint venture Andrea Tan PIDEMCO Land has roped in American International Group (AIG) for its HKSI.BB billion (Ss4ls million) takeover of the Furama Hotel site in Hongkong for redevelopment. The government-linked property firm and AIG will
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    • 313 12  -  oi^n^economy bank loans By\ Soh Tiang Keng BANK lending in Singapore got off to a sluggish start in the year 2000. Total bank loans to most sectors of the economy continued to fall in January this year but the contractions were smaller. According to
      Source: MAS  -  313 words
    • 479 12 A SINGAPORE company has struck a deal to provide Internet protocol (IP) telephony in six major Indonesian cities. IP telephony Involves making phone calls over the Internet, and is viewed as low-cost alternative to traditional telephony. Homegrown IP telephony specialist Pinnz will deploy
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  • Page 11 Advertisements
    • 223 11 Two great cities.... Two great hotels.... From February 1 to May 31, 2000, experience 5-star luxury in two exotic locations. With their "Twin City Promotion", The Regent Singapore and The Regent Kuala Lumpur offer a special rate of ***** and RM33O per night for Deluxe accommodation. Complement a great stay
      223 words
    • 155 11 They have made their mark on world trade. Asia Pacific Breweries, Bax Global, Borealis Singapore, Cerebos Pacific, Creative Technology, Hewlett-Packard Singapore, Informatics Holdings, Keppel FELS, Maersk Singapore, Salcon, ST Logistics, TT Importers Exporters, Texas Instruments Singapore, Toepfer International-Asia and Venture Manufacturing. Are you ready to make yours? ■S^ a Tr
      155 words

  • Page 12 Advertisements
    • 25 12 mill t< "-"'-^Ti--sgj|Ej|2g^-... n im jm nui Bloek 205 H•nd• r on Rood #06-01 H•nd• r on Industrial Park Singapore *****9 T.I: 278 6828 ADCORfIi
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  • MAIL bag
    • 145 13  -  Anita Gupta Perth, Australia via Internet ANDREW Chia Lye Hock shouldn't get his knickers into a knot ("The terms of Clob agreement are less than satisfactory", BT, Feb 28). Malaysia may have won a battle, but Singapore is decisively winning the war. Malaysia has
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    • 347 13  -  Malik Tahir Sungai Petani, Malaysia via Internet I WOULD like to comment on your editorial "Malaysia's way is working but..." (BT, 17 Feb). In my view, the essence of Malaysia's response to the economic crisis and therefore also the political and also social problems
      FILE PHOTO  -  347 words
    • 147 13  -  Alan Chong Singapore via Internet I REFER to the letter by Raymond Chow, the head of corporate communications at Singapore Exchange Limited ("CDP looking at alternatives to Netrust", BT, Jan 20). Mr Chow said: "CDP is aware that although a considerable number of
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  • Page 13 Advertisements
    • 348 13 ■Hall m *<*■ I Bi «vo vw vv^ t JH|HHH§ppP^ w vvx» j \hi x: j m 1 m W? W ll 14 tar in fanatic Fact V V j Hk. M IbnkrfsMfcpltttotoL l| jjj B |jM^ni| HK |U *yUn i JH Ire i Ift piiJ*g|.Tkfw*iii AmfHkr W r ufclhtaL
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  • e News
    • 416 14 SAN FRANCISCO GlobalnetXchange will be open to all retailers in the USsst global market FT A GLOBAL business to business online exchange for the retail industry was launched on Monday by Sears and Carrefour, two of the world's largest retailers, and Oracle, the
      FT  -  416 words
    • 317 14 SEOUL Yahoo! also plans to invest an extra USs6om in Yahoo! Korea Reuters SOUTH Korea's Samsung Electronics Co said yesterday it would form a strategic partnership with Internet portal Yahoo! Inc, joining a global wave of expansion into cyberspace by manufacturing firms. Samsung
      Reuters  -  317 words
    • 335 14 NEW ORLEANS Bloomberg MICROSOFT Corp, the world's largest software company, will join with Vodafone Air Touch Pic and Nextel Communications Corp to deliver Internet content to cell phones, chairman Bill Gates said. Microsoft will provide the technology to let users access e-mail, news,
      Bloomberg; AFP  -  335 words
    • 272 14 DULLES. Virginia Move boosts strategy of providing service to any Net device Bloomberg Reuters AMERICA Online Inc (AOL), the world's No 1 online service, will work with Sprint PCS, Nokia Oyj, Arch Communications Group Inc and others to deliver the
      Bloomberg; Reuters  -  272 words
    • 235 14 HONGKONG Bloomberg HUTCHISON Whampoa Ltd, Hongkong's largest conglomerate, will form a 50—50 joint venture with DLJDirect Inc, the online brokerage arm of Donaldson, Lufkin Jenrette Inc, to offer Internet investment services in Asia. The companies will make an initial investment of US$2O million (5534.2
      Bloomberg  -  235 words
    • 318 14 TOKYO Seven Meal Service to help elderly use computers to order Bloomberg SEVEN-ELEVEN Japan Co, Japan's biggest conveniencestore chain, said it will start delivering meals and other products to the elderly, the company's latest move to use its 8,200 stores to expand into
      Bloomberg  -  318 words
  • Page 14 Advertisements
    • 160 14 0 BackOffice StoreFront Design Function*! Integration Development Specifications Payment Start Hot VWoo Mechanism E-Strategy Technology Internet Tranirvg Marketing With more than 30 eCommerce projects successfully completed and more than 50 clients in Singapore and Malaysia, you can expect us at Cyber Village to understand the "dot.com" process like clockwork. We
      160 words
    • 90 14 I^BSpßßph Prime Residential U Development Site Location 558 Jalan Taman, Mei Gardens > (off St. Michael's Road) Site Area 23,763 sq.ft Zoning Residential with plot ratio 2.8 s Accessibilty Minutes' to CTE and proposed Boon Keng MRT Station /4> j^Nv\ 11, t„ i. n" V TENDER CLOSING AAz? \V\\ 22
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  • Page 16 Advertisements
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  • Page 17 Advertisements
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  • EDITORIAL & opinion
    • 729 18  -  bottom line OPINION reginald dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared HARDLY a month goes by without China hitting the headlines in the United States in some kind of unpleasant light In the
      729 words
    • 126 18 'Like pornography, speculative excess in asset prices is harder to define than it is to recognise.' -MBirkra an economist, on why US Federal Reserve chairman Alan Greenspan is linking productivity to wealth to Inflation. 'On the one hand, America is saying that we should find a better
      126 words
    • 586 18 EDITORIAL TAIWAN'S presidential election seems to be running true to form with mud-slinging, vitriolic attacks and a few lawsuits for violation of election laws, forgery and embezzlement of party funds. And, for good measure, China has issued a new and ominous warning on reuniting with the
      586 words
    • 984 18  -  If the govt foils to restore order, economic recovery wiD remain elusive By' Todd Callahan The writer works as a consultant at a business information and research company based In Jakarta A FRIEND with many years of work experience in Indonesia once
      FILE PHOTO  -  984 words
    • 974 18  -  WHAT THE OTHERS SAY By* Caroline Baum Bloomberg USUALLY he walks on water. Now he's skating on thin ice. When US Federal Reserve chairman Alan Greenspan underwent his latest conversion experience, concluding that productivity growth is indirectly leading to inflationary imbalances, his nontheory
      Bloomberg  -  974 words

  • MALAYSIA news
    • 240 19 KUALA LUMPUR FOREIGN fund managers are continuing to snap up Malaysian equities. The country's external account is now showing a net cumulative inflow of 2.5 billion Malaysian ringgit (Ssl.l billion) as at Feb 23, according to the latest data posted by the National
      240 words
    • 449 19  -  Its performance is worse than expected, may drag down KLCI From] Eddie Toh in Kuala Lumpur TELEKOM Malaysia's worse-than-expected performance may dampen the Malaysian market further. The national utility company, which is the largest corporate in Malaysia, yesterday posted a net profit of 819.1
      FILE PHOTO  -  449 words
    • 307 19 KUALA LUMPUR UEM also recovers with four-fold jump in 1999 gains to RM7llm Bloomberg RENONG Bhd, Malaysia's biggest industrial group, returned to profit in the six months ended Dec 31, boosted by the country's economic recovery, while its associate, United Engineers Malaysia Bhd, reported
      Bloomberg  -  307 words
    • 198 19 KUALA LUMPUR Bernama PENGURUSAN Danaharta Nasional Bhd expects to restructure a total of 30 billion Malaysian ringgit (5513.5 billion) in gross loans by June this year, said managing director Azman Yahya. "We target to address nonperforming loans of the largest 20
      Bernama  -  198 words
    • MARKET moves
      • 61 19 HONDA distributor Oriental Holdings yesterday bucked the market trend and picked up 45 sen, or over 5 per cent, to close at RM8.95. This was after reporting a 17 per cent rise in pre-tax profits to RM310.45 million (*****.4 million) for the year ended December 1999,
        61 words
      • 62 19 A GOOD round of earnings for 1999 helped plantation counter Guthrie to make gains yesterday. Guthrie, which also announced a rise in net profits last year, closed four sen up to RM2.06. Conglomerate Sime Darby, which was let down by its plantation business due to lower palm
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      • 87 19  -  Compiled by Diana Oon Abdullah INTEREST in banking stocks continued to remain weak yesterday in a market which saw the Kuala Lumpur Stock Exchange Composite Index fall by 1.53 points to 982.24. Maybank wavered in negative territory but closed unchanged at RM17.10 on active
        87 words
  • Page 19 Advertisements
    • 188 19 »< .< Heller Asia Capital VHHHHHBKfIHHHI Heller Asia Capital was formed in SMEs, creating a reputation as a SME financing specialist. At Heller, our flexibility and hassle-free services are 1974, then named Heller Factoring, as With a history of over 20 years working closely with what distinguish us from the
      188 words

  • SOUTH east asia
    • 399 20 MANILA Government needs to take steps to bolster sentiment, analysts say Reuters PHILIPPINE stocks plunged for the second consecutive day yesterday despite the overnight rise in the Dow Jones, and analysts said more falls were likely unless the government took steps to improve sentiment.
      Reuters  -  399 words
    • 98 20 Reuters [DILI, East Timor] Indonesian President Abdurrahman Wahid, accompanied by East Timorese leader Xanana Gusmao (left), Mr Wahid's daughter Yenny and Indonesian military chief Admiral Widodo Adisucipto (right), laying a wreath at a military cemetery during his visit to Dili yesterday. Earlier, Mr Abdurrahman, known by
      Reuters; AFP  -  98 words
    • 259 20 tYorn H&riah Mehta in Bangkok IN AN upbeat forecast, the Bank of Thailand yesterday raised its economic growth projection for this year to 4.5 per cent from 4 per cent earlier, saying exports were powering a recovery. Exports are now forecast to
      259 words
    • NOTE Book
      • 41 20 Reuters [JAKARTA] Indonesia's stock markets were closed yesterday because of fears the leap day coukl cause computers to crash. The Jakarta and Surabaya bourses will reopen today. Foreign exchange trading continued as normal Reuters
        Reuters  -  41 words
      • 59 20 Bloomberg (BANGKOK] Charoen Pokphand Group US$66 million (Sslll million) for Wireless Communications Service (WCSX an inactive Hud phone firm. United Communication Industry, which controls Thailand's No 2 mobile phone operator, said it sold its 18 per cent stake in WCS for 447 million baht, which
        Bloomberg  -  59 words
      • 63 20 Reuters [MANILA] Globe Telecom, the Philippines' No 2 telecommunications company, has set a 14.7 billion iw> (Ss6l7 million) capital expenditure budget this year, against 8.1 billion last year. It plans to use most of the funds to expand and upgrade its cellular phone network. Globe
        Reuters  -  63 words
  • Page 20 Advertisements
    • 104 20 EOPIM Enrol Asia Miles between February and sweet as bonus as as Kong only, you earn free flights partner to form or form exciting travel programme. Please form Tide: Dt Mr. Mrs. Ms. I 1 Business Tide: I Address: I Telephone: (H) (O) Address: I Please send or completed form
      104 words
    • 59 20 i > I THE WORLD S LEADING w v OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS 'I Incorporation Fees from USSSOO v BAHAMAS JERSEY V J BRITISH VIRGIN MAURITIUS ISLANDS CAYMAN SEYC^LLES ISLANDS SAMOA •r be'lize I Visit OCRAs definitive Offshore Companies IVeD Site at v.v.v. ocr3 com j ■pX>DAY©ft^*te ■hihalanhan
      59 words

  • EAST asia
    • 501 21 NEW YORK Internet-related issues UTStarcom, Asi&lnfo will be the latest offerings week Reuters THE insatiable new issue market in the US is likely to devour two Chinese-relat-ed offerings that are expected to hit the market this week as investors clamour to get a
      Reuters  -  501 words
    • 352 21 WASHINGTON China boys 50,000 metric tonnes ahead •f key trade vote Reuters, Bloomberg CHINA ended a longtime boycott of wheat from the US Pacific Northwest on Monday, purchasing 50,000 metric tonnes in a move that could bolster the country's standing in Congress ahead
      Reuters,; Bloomberg; FILE PHOTO  -  352 words
    • SINO Briefs
      • 94 21 AFX-Asia [TAIPEI] President Lee Teng-hui said the Taiwan stock market will go no lower than 9,400 points on the weighted index, noting that the government has set up a NT$5OO billion (5|27.8 billion) stabilisation fund that can be used to support share prices. Cited in
        AFX-Asia  -  94 words
      • 47 21 Reuters [HONGKONG] HSI Services Ltd, compiler of Hongkong's blue chip Hang Seng Index, said yesterday it will launch a Hang Seng Technology Index. HSI Services vicechairwoman Candie Ng said a formal announcement and further details will be made in April.—Reuters
        Reuters  -  47 words
      • 88 21 Bloomberg [HONGKONG] The Hongkong government hg« named Stephen Ip as Secretary for Financial Services, one of the government's chief regulators of financial markets. Mr Ip, 48, formerly the Secretary for Economic Services in charge of overseeing utilities, will replace Rafael Hui, 52, who's leaving the
        Bloomberg  -  88 words
    • 536 21 HONGKONG Two of three sites sold at upper end of expectations Reuters THE Hongkong government sold three pieces of land fairly easily yesterday in its first land auction of the year, with two sites sold at the upper end of market
      Reuters  -  536 words
  • Page 21 Advertisements
    • 50 21 *+ru *v j i tK Kl J 4I /T I MJ |V I If/ j v mil ami m m M 111 J > "^'t |"**f( > t" *fcfc J"-iS I r 2°P S; ever ydayl S i 'Jllk/oyl^f^ e^"^ Finalist BIST E-COMMIRCE COMPANY intarnat World Asia Awards 4fiP (J
      50 words

  • SOUTH asia
    • 822 22  -  INDIAN liTTurTrai Markets dive on knee-jerk reaction by investors to tax news From. Rajendra Bajpai in New Delhi INDIAN Finance Minister Yashwant Sinha applied a stiff dose of taxation in his third Budget but also rationalised some excise and duty structures
      AFP  -  822 words
    • 343 22 BOMBAY Beneficiaries of US IT sector also see India's potential A MODEST but increasing number of India's biggest American success stories, whose lives are now firmly rooted in the US, are beginning to come home to India to start companies, invest their
      343 words
    • 448 22 NEW DELHI Bloomberg, AFP INDIA will increase the amount of shares in local companies that foreign institutional investors can own and reduce its stake in statecontrolled banks, Minister Yashwant Sinha said yesterday. Foreigners will be able to own as much as 40 per
      Bloomberg,; AFP  -  448 words
  • Page 22 Advertisements
    • 271 22 Seminar Highlights Seminar: •Get new dimensions for enhanced risk analysis oo u nrr k oonn Find out about the limitations of VaR (Value-at-Risk) techniques Workshop: Discover how unbiased results can be achieved with the 24 March 2000 latest research tools w Obtain the views of practitioners and academics vBHIWe j
      271 words
    • 116 22 J Wm\ I I Rrfo29 Rrf o l6 Rrf 022 (Adjustable height) Aniline Leather. Armchair $2588 M Aniline Leather $1188 Pony Skin $1288 J $338 2 Seat Sofa $3688. 3 Seat Sofa ***** M I Ref 032 (Latge) $1088 Rrf 013 H Ref 033 (Regular) J598 Refcol2 $1285 (Aniline leather)
      116 words

  • WORLD news
    • 281 23 NEW YORK Bloomberg THE US largest brokerages told Congress yesterday that domestic stock markets should be linked to form a central market for customer orders. "US markets are already losing business to foreign markets and will lose even more business in the
      Bloomberg  -  281 words
    • Article, Illustration
      65 23 [TORONTO] Russian born tennis star Anna Koumikova will wed National Hockey League star Pavel Bure of the Florida Panthers after he proposed to her at a Miami restaurant, British newspapers reported on Tuesday. Russian newspapers first paired Koumikova, shown during the2oooAustralian Open, off with the Bure (inset),
      PHOTO OF BURE BY REUTERS  -  65 words
    • 359 23 WASHINGTON US committee proposes virtual bodyofint'l specialists instead Bloomberg THE World Trade Organisation is ill equipped to review complex international antitrust issues and they should be addressed by a "virtual" organisation of specialists, a US committee has proposed. The committee, created by
      Bloomberg  -  359 words
    • 373 23 PARIS Euro zone starts 2000 with high confidence, it says Reuters THE OECD said yesterday the euro zone should step up structural reforms and that continued wage restraint would limit the need for interest rate rises to tame inflationary pressure as economic
      Reuters  -  373 words
    • WORLD Watch
      • 85 23 Bloomberg [NEW YORKJ US consumer confidence fell in February from a record high the month before as higher energy and mortgage costs restrained expectations for the economy, the Conference Board reported yesterday. The consumer confidence index fell this month to 141.8 from January's record
        Bloomberg  -  85 words
      • 117 23 Bloomberg [SEOUL] Daewoo Corp's local creditors yesterday endorsed a plan to revive the biggest and most-indebted unit of Daewoo Group and agreed to write off as much as 85 per cent of its loans, a move that will help speed the ailing firm's asset sales.
        Bloomberg  -  117 words
      • 82 23 Reuters [NEW YORK] Online auctioneer eßay Inc denied on Monday that it was preparing a takeover bid for troubled auction house Sotheby's Holdings Inc, which is the target of multinational price-fixing probe. "We're not buying them. There's absolutely nothing to these rumours," eßay
        Reuters  -  82 words
      • 110 23 Nabisco Danone: from rivals to partners AFP [LONDON] US foods group Nabisco and Danone of France said yesterday they have dropped competing bids and are joining up to make an offer worth around two billion euros (553.3 billion) for United Biscuits of Britain. Nabisco had previously led a bid by
        AFP  -  110 words
      • 145 23 Bloomberg [BRUSSELS] Consumer prices in the 11-country euro region rose in January, as higher oil prices pushed up energy costs, the European statistics office said yesterday. Prices rose 0.2 per cent in the month, and 2 per cent from a year earlier,
        Bloomberg  -  145 words
    • 426 24 WASHINGTON Money saved should be returned to member states, says congressional report Reuters A US Congressional report to be released early next month recommends drastic curbs in the roles of the World Bank and International Monetary Fund, and says the
      Reuters  -  426 words
    • 241 24 BRUSSELS AFP DENOUNCED by Germany's finance minister as "a worm in the European fruit", the tiny principality of Liechtenstein faces EU investigation for allegedly fostering a myriad of money-launderers and tax dodgers. Finance ministers from the European Union agreed to charge the European Commission with
      AFP  -  241 words
    • 392 24 LONDON The merger will create one of the world's biggest consultancy groups FT, Bloomberg CAP Gemini, the management consulting and information technology group, is acquiring Ernst Young (E&Y), one of the Big Five accountancy firms, for 11.5 billion euros (SslB.B billion) to
      FT,; Bloomberg  -  392 words
    • 323 24 NYT [WASHINGTON] President Bill Clinton has vowed to block the man Europe wants to head the International Monetary Fund, setting off a poesihly protracted contest for control of the financial institution and putting the United States in the role of kingmaker.
      NYT  -  323 words
    • 396 25 WASHINGTON Practice involves the qnick placement and cancellation of quotes Bloomberg THE National Association of Securities Dealers will step up its surveillance to better detect the quick placement and cancellation of quotes, in a potentially manipulative practice known as "spoofing". Spoofing involves
      Bloomberg  -  396 words
    • 265 25 ATLANTA Dow too tiny and weighed down by remnants of industrial America NYT DO the traditional stock market indexes tell us what's really happening on Wall Street? The editors of Fortune (March 13) didn't think so and came up with two of their own.
      NYT  -  265 words
    • 444 25 Investors advised to stick with their long-term strategy NYT {ATLANTA] The Dow Jones Industrial Average on Monday popped back above its psychological benchmark of 10,000. But investors were cautioned against making too much of that rebound. They were also urged not to make any sudden
      NYT; AP  -  444 words
  • Page 23 Advertisements
    • 227 23 Sime Darby Berhad (Company No. *****-M) ANNOUNCEMENT OF RESULTS HIGHLIGHTS OF UNAUDITED CONSOLIDATED RESULTS FOR THE 2ND QUARTER OF THE FINANCIAL YEAR ENDING 30TH JUNE 2000 Quarter ended Half-year ended 31 at December 31 at December 1999 1999 1998 RM Million RM Million GROSS REVENUE 2,648.1 5,273.8 4,867.3 PROFIT BEFORE
      227 words
    • 117 23 500 exhibitors from 25 countries H 40,000 sqm bM exhibition pni*p° ce u^tond best collection of furniture 4-.. J. f, M1 j|!yi| ASEAN and tfSmtfjk IHI the world j**Wrs HP|fiXpE^ >S6» Special features 00 finest </N soft furnishings Jk ana nome 3*t accessories \J, •"> f; v- < >1 Over
      117 words

  • Page 24 Advertisements
    • 1968 24 NOTICES TY TECHNOLOGIES PTE LTD (hewported in Stafapore) (In Members' Voluntary Liquidation I NOTICE OF FINAL MEETING NOTICE i* hereby given pursuant to Section 308 of the Companies Act, Cap. 30 that the Final Meeting of the members of the abovenamed company will be held at 174 Gul Circle Singapore
      1,968 words
    • 288 24 Hft HOWt If AITY PTf ITft (In Members' Voluntary Uqutdohon) NOTICE IS HEREBY GIVEN thot pursuant to Section 306 of tk« Companies Act, Cap. 50, that ttw final meeting of the members of the Compony will be held at 2 Have lock Road, #07-07 Apollo Centre, Singapore *****3 on Saturday,
      288 words
    • 193 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 30 AND IN THE MATTER OF HAS INVESTMENT PTE LTD (kaytnM h to topnbfe af Stafaparti Ik Maters' Vilnatiry Up) NOTICE OF FINAL MEETING NOTICE IS ffiXEBY GIVEN ta pursuM to Scoiob 301 cf the C.iipun. AqCspSOte Fatal Meetag of *e Con*wi>
      193 words

  • Page 25 Advertisements
    • 38 25 TCAKWOOO PARQUET FLOORING. Supply Install $3.50 pj.l Best bargain in townl Can *****651. Do up your home without blowing your budget 1 look in The Straits Times I Classified today. Buy H. Sdl H. Find H. s 0
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    • 1375 25 8 N DBS LAND DBS LAND LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of DBS Land Ltd wishes to announce that the unaudited results of the DBS Land 4) BALANCE SHEET AS AT 31 DECEMBER Group for the year ended 31 December 1999 are as follows:
      1,375 words

  • FINANCE & commodities
    • 221 26  -  SGX Derivatives TnAta&Reports MSfiT twitor Daphne Toy, Jardine Fleming THE Singapore stock market closed on a mixed note yesterday, having trimmed most of its early gains amid cautious trade. Singapore Telecommunications, despite losing its bid for Cable Wireless HKT, ended 4.48 per cent
      221 words
    • 168 26  -  MSCI Taiwan fatores Matthew Den Bleyker Refco (Singapore) Pte Ltd THE Taiwan Stock Exchange Weighted Price Index had a slight gain of 3.45 or 0.04 per cent to 9,435.94, after losing ground for all of last week when China threatened Taiwan in a "white paper" report.
      168 words
    • 263 26 ENERGY REPORT Reuters [LONDON] World oU markets marched higher yesterday even though US Energy Secretary Bill Richardson said leading producers had promised to reevaluate output curbs. International benchmark Brent was 30 US cents higher at U5527.71 a barrel by 1200 GMT, within US$l.2O of nine-year highs
      Reuters  -  263 words
    • 317 26 Reuters T.mmLW THE US dollar orbited the 110-yen level in early trading yesterday after recovering from Monday's fall in the wake of a euro/yen sellofT. Traders said weaker-than-ex-pected Japanese data reinforced the market's doubts about the nation's economic recovery. Japan's industrial output rose a preliminary 0.9 per cent
      Reuters  -  317 words
    • Article, Illustration
      1163 26 WTBRBAOTLCKOSSKATM Feb& O Uro Or D« HK| WhfcjMl tw M i MBNIifa H» tud Sir WT$ M* Hmt W> AmtralU 0.891 6J70 0.635 4*7 1242 4775 26.756 45.5*3 0.676 6.940 2231 1265 ***** 25.111 L0S9 1905 1020 1M62 ***** 0.316 0.6M c«ada 1122 5.713 0.713 4474 1394 5256 30.015 5L136
      1,163 words
    • 1739 26 SICOM FUTURES Feb 29 RUBKR (future dHh| M UOpm) RSS1C0NTRACT(SecntsA«> CIom VotMM OpM Mowtt HSq* Low Sott (tan—«) hrtortrt Mar 00 ***** Apr 00 124.00 200 May 00 ***** 123.75 125.00 300 300 Jan 00 ***** RSS 3 CONTRACT (US cwts/kq) VoiMM OpM Montu Hp* taw Sott (taw—) lutarwt Mar
      1,739 words

  • STOCKS east asia
    • 2710 27 HONGKONG AFP HangSeng ♦186 HONGKONG share prices rose 1.1 per cent yesterday on a technical rebound following overnight gains on Wall Street, dealers said. "The US market's rebound helps sentiment," said Ricky Tarn, research director at Delta Asia Securities. Mr Tarn said news that Cable
      AFP  -  2,710 words
    • 1934 27 TOKYO AFP P Mm 225 ****** TOKYO share prices rallied 1.2 per cent yesterday led by market heavyweight Sony Corp, whose new PlayStation2 computer games console comes out in Japan this weekend, brokers said. "Sony shares led the market higher," said Kazunori Jinnai, a broker
      AFP  -  1,934 words
    • Article, Illustration
      970 27 Reuters FlShanhMißlndei +&27 SHENZHEN'S hard currency B shares yesterday inched higher and domestic A shares edged lower as the mood turned cautious after heavy gains in the previous session. The B Share Index rose 0.27 of a point, or 0.31 per cent, to 86.15 as turnover rose to HK$6B.3
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  970 words
    • 345 27 AFP Hwp Into! +3.45 TAIWAN shares closed almost unchanged yesterday as government support helped offset uncertainty ahead of presidential elections and amid reports of a military build-up in China, dealers said. The Taiwan Stock Exchange Weighted Price Index edged up 3.45 points to 9,435.94 in the first trading session
      AFP  -  345 words
  • Page 27 Advertisements
    • 54 27 j investment potttouo I I IPO. Shares. Bonds. Stocks. Annual Reports. 111 Whatever you're offering, we help you reach out II I to 86.7% of all adults in Singapore daily. —r"'" PMIiPt r: II —w I *»tw—— H WOTaaMM* J J The Straits Times The Business Times Lianhe Zaobao Berita
      54 words

  • STOCKS klse
    • 8605 28 INDUSTRIALS 2000 Last Oey net cop HN* lw Ciwimi Sdlo HOP HH> Low P/I ta»a 420 310 Afinomoto 376 8 6 380 376 23.9 152.4 158 91 Angkesa 121 -3 389 127 117 178.4 452 290 ApoNo Food Mlg 420 unch 50 422 416 10.0 168.0 2*5 2700 BAT SOC
      8,605 words
    • 428 28 AFP P Compositelndex -L 53 MALAYSIAN shares feU 0.2 per cent yesterday but off earlier lows after institutional support of key blue chips offset losses, dealers said. The Kuala Lumpur Stock Exchange Composite Index dipped 1.53 points to finish at 982.24, off the
      AFP  -  428 words
  • Page 28 Advertisements

  • SGX clob & regional stocks
    • 3172 29 BOMPS A WARRANTS UM MM iZS MCaa. Urn *21 U» ttm crnmm tf m- mm L» Mgr Mhr W> MfclMI. Ma nw a«k*t u* 104 11.5 s 3160 *Acar W*****1 USS 44 0 5 ~63 44 44 44 445 31) j 156 69 U 60 15.5 S 3164 Acma W*****4
      3,172 words
    • 267 29 AFP F1 Composite Index 437 THE Composite Index gained 9.37 points to 828.38. Volume was 273.8 million shares worth 3.4 trillion won. Rises led falls 451 to 377.—AFP A nam Somi 9420 <80 Brain Tacfi MM -95 Cantral Bank 2620 -5 ChMComm *****0 -9000 Da* Gu Bank 233S -45
      AFP  -  267 words
    • Article, Illustration
      743 29 AFP □set Into .1407 THAILAND'S beleaguered stock index lost another 3.6 per cent yesterday as foreign investors stayed away, dealers said. The Stock Exchange of Thailand (SET) Index closed down 14.07 points or 3.62 per cent to 374.32, while the benchmark SET 50 Index was down 1.14 points to
      AFP  -  743 words
    • 271 29 AFP QNZSE-40 -8.73 THE New Zealand share market slumped 0.4 per cent yesterday as a falling Telecom dragged the key index below the 2,000-point level for the first time in 14 months. The NZSE-40 Capital Index fell 8.73 points to 1,996.56, on total turnover of NZ$lll.5 million.—AFP 1 cum
      AFP  -  271 words
    • 576 29 AFP FlAllOriiMtricß +17.7 AUSTRALIAN share prices gained 0.6 per cent yesterday, pushed forward by stronger financial and media stocks, brokers said. The All Ordinaries Index ended 17.7 points up at 3,135.7. Turnover totalled 1.11 billion shares worth A 51.49 billion with 804 fallers outnumbering 715 risers. The All Industrials
      AFP  -  576 words
    • 278 29 AFP Q Composite Indez-78.71 THE Philippine Stock Exchange Composite Index fell 78.71 points to close at 1,641.94, its lowest since Nov 13, 1998. A total of 6.8 billion shares worth 2.2 billion pesos changed hands yesterday. San Miguel Corp fell 1.50 pesos to 48. AFP Hm fW MRC AMad
      AFP  -  278 words
  • Page 29 Advertisements
    • 40 29 Business Tools Just imagine life without them. Buy It Srflt Rndlt The Jakarta market was closed yesterday Tht Straits Classified whtre ml virtually tvtry If vthiclt Is at yow f t fingertips. I J Buy k. S«fl k. Ftad It.
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  • 8347 30 SOXMADTBOARD Transaction date: Feb 29 U-Wk Cf Cf M Wt Htah I.. t.M Lapt Val Day Last Ouot. Dl» Otv YM Nat Cap Avg L StMo Company Sata <'000) High Low Buyar Sa«ar H Cvr P/l *3 Prtca MULTI-INDUSTRY 'fa 52 m i !§SP £!!*3f£=r H? 4 966
    8,347 words
  • Page 30 Advertisements
    • 50 30 m^m For further information, call Somerset Residences on (65) 272 7272. FR SFT 1 8 Shenton Way, #1 3-01 Temasek Tower, Singapore *****1 Website: www.somerset.com s ,>/ k. -<> Hh,,n„ (i, an,,no, Has.., .Uo Cm Mini. Cnv Jakarta Kla.a L.mp.r K.-ch.n«. •I s s S„an,ha, s,s,.Ar,m •S, mbaya Sypnfy T,an„n
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  • Page 31 Advertisements
    • 294 31 Where to wine, dine and entertain..." (<# -Offering the lowest interest rate in town 290 4545 Savour the distinctive mix of flavoun^^flE Feast oo the exciting spread of J} local dishes we have for you such as Nasi Lemak, j Tauhu Goreng, Tandoori Rsh etc. -f Do emect a dianfe
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    • 57 31 ■viable for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tat 737 99*4 Fax: 733 3175 Executi vc Sot Lunch Enjoy 4-course exquisite local <ind international cuisine <!/ only si 4.50 onse i.i 739 8030 n >4v- Mongolian
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    • 149 31 I 1 L fbiii.ni J. Mon toThun Spm I an of P. -A.I-- I I |-,L |j„ (mh ■>,_ rUDMC nOHOajf >pOl lmf\ Sun: OoMd HAFTYHouw Sinfer*t Hub Spm fpm daNy The Coleman's KTV Lounge is 20% off dnnks a cosy niche gf endfess fun ond entertainment (pk*(H promooonaJ With
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    • 156 31 An endless lunch and dinner ala carte buffet with j 88 outstanding Cantonese dishes, prepared by Hong Kong chefs. All diners will be served with a complimentary Bruised Shark'sFmSoup with Ctubßoe, BraisedWholeßabyAkJome with Oyster Sauce and Salmon Sashimi Lunch; #28.80 (Adult), $17 (Child) Dinner #30.80 (Adult), #19 (Child) Minimum four
      156 words
    • 145 31 Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays 100 noon to 2.30pm (last order) 919Sp Price: $28+++ Revolving Reservations: *****58/88 I*tli floor Mandarin Strupytorr 333 Orchard Road, Singapore *****7. Tel: *****11 lUHCU WlfU OHg S»Pf Arthk. (UesferH or IOCMI), ck) At Gordon
      145 words
  • Page 31 Miscellaneous
    • 887 31 Central" jLOO VIP 3jjo Heartbeat. (2ndtx). 8.00 AM Kids Central: TV JSS HeadToTnP 4A he Colourful Melon Swimming Innovations ead t T oToe. Garden. World Cup. Prance 900 Pip The Appleseed Smart Guy BJO Sichuan Cuisine. (2ndtx). KrSght A PP leseed 430 Cinema, Cinema. Cine- 0.40 Ninja Boy. .00 Indoor
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    • 273 31 CRYPTIC CROSSWORD ACROSS 5 Commit to prison for parody, 6 In which people are up for sev- (4-2) enty-two hours (5-3,5) 6 Spreading of ointment has pn> 8 One member with skill to pass duced Greek tragedy (5,2,6) on (6) 7 Keep in the smoke (5,2,6) 9 Disclose sad denouement
      273 words

  • MONEY matters
    • 951 32  -  :jg comment CURRENCIES US dollar poised to test 551.7250 and may even hit 1999 high of 551.7395 larry wee THERE was no shortage of currency action over the last week, with the most spectacular moves coming early this week, when the euro tumbled
      Source: Reuters; Source:  -  951 words
    • 686 32 Direction of asset prices In the US holds the key THE really rough ride in the global bond markets may only be about to begin. Opinion over the direction of US long bond prices is divided, and so too the outlook for Singapore bond prices.
      686 words
  • Page 32 Advertisements
    • 385 32 Gear up for 10% p.a.* interest rates ll Pair your Singapore Dollar with tht Japanese Yon and make your money work harder. In a Citibank Premium Deposit you have the option investing in two world currencies at the same time. This unique pairing could potentially V s 1 give you
      385 words

  • SHIPPING TIMES
    • 307 33 Bridge News, Reuters THE dry cargo freight market got off to a sluggish start to the week but capesize and panamax demand remained strong, especially from Australia. Panamax es were also much sought after from the Middle East to Japan, although the Atlantic was quiet for these vessels
      Bridge News,; Reuters  -  307 words
    • 263 33 m w m CWT Distribution Ut -0.01 21 Chum Hup 0.40 -0.01 4756 Cosco InwUiwul—Oil unch 290 rrataMUnks 031 -0.01 V429 oaiiiiangs 0.77 001 3 HaiSunHup 0.73 OOI 107 MC HoMktgs-HK 940 unch 0 JayaHoWbtgt 021 -0.01 1909 KeppbiCorp 3.86 004 4775 KappalFtLS L11 a02 KM Keppei Marine
      263 words
    • 529 33  -  USs9oomde&l marks Japanese shipbuilder's break into lucrative foreign crnise ship market By, Ann Toh [SINGAPORE] UK-based shipping giant Peninsular and Oriental Steam Navigation Company (P&O) has ordered two 113,000-gross ton (GT) vessels from Japanese shipbuilder Mitsubishi Heavy Industries (MHI) to support the expansion
      FILE PHOTO  -  529 words
    • 745 33  -  STRAIT TALK By Seafarer LAST week Seafarer warned that Asian shipowners, and firms involved in ship management and crewing, ought to be very wary of developments in Europe. In the past few days more reasons for concern have arisen. On Thursday London-based shipping
      745 words
    • 349 33  -  Republic handled 15.94 million TEUs last year, an increase of 5.3% By Donald Urquhart (SINGAPORE] The Port of Singapore is set to retain its status for the 14th year running as the world's busiest port. Figures released yesterday by the Maritime and
      349 words
    • PORT Shots
      • 63 33 [LONDON] The latest figures from the Japan Ship Centre show that orders fell 32.7 per cent In January, down 643,760 gross tons from December, although they were still 20.8 per cent higher than January last year. A total of 25 ships of 1.33 million gt were
        63 words
      • 78 33 [LONDON] The Intranational Transport Workers' Federation (TTF) exhibition ship Global Mariner has completed its 20-month world tour and returned to London. The former cargo ship visited 86 ports in 51 countries and received over 700,000 visitors during its iournev to highlight th» nr» campaign frwr
        78 words
      • 55 33 [LONDON] Europe Combined Terminals is to drop its international operations and concentrate on handling in the Port of Rotterdam. The move by ECT president Carel Van den Driest brings to an end the company's previous expansion into ports around the world in order to
        55 words
      • 42 33 w [LONDON] German project cargo firm RickmersLinie has been sold by parent company HapagLtoyd to Reederei Bertram Rickmers, bringing the line back to the Rickmers family fold. The sale was made retrospective from Jan 1 this year.
        42 words
    • OIL shipping
      • 623 34 Signs that oil producers could relax output restraints are unlikely to cause demand to outstrip tanker supply Reuters [LONDON] ANY easing of OPEC oil output restraints would be unlikely to create a shipping shortage despite charterers currently avoiding older tankers, ship brokers and analysts
        Reuters; FILE PHOTO  -  623 words
      • 305 34 PACE ECU Line 6 AM. 3 ESPUnes 13 Accord 8 Emgrew 6 AhrenkM M foongSun 8 Appenshtp 5 MUnlu M AsiaOCL 13 G Link 4 Austral 8 Gemartraro 6 Avart M Genshpg 13 B'tangMas 6 Gkxui 13 BSA 7 GloryHa* U BTL 14 HiiSunMup 13 BalajiShpg S
        305 words
    • 20106 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number M/03 16/03 Oram Ship KOTA PETANI PTN043 65-227*005 To ABIDJAN (ABJ) 2003 Cote D' I voir* 10/03 wo3 sacont kotapctam ptnou
      20,106 words
    • SHIPS IN PORT
      • 666 47 ,,s Voy Mo Btrth Arrival Departure JfWH Nft J?** *****0 J12 29/02/6:15 29/02/000 ry™ JAM-00 JOB 29/02/9:10 29/02/2200 1100/2 J17 29/02/7:25 29/02/2300 04SS20 JO 29/02/9:25 29/02/18:00 J** 610 HO J*) 29/02/900 03/03/600 ***** *1 29/02/8:25 29/02/2000 *«■"«< E 04/00 J03 29/02/9:35 29/02/2200 4J02 29/02/9:20 29/02/2300 ***** JOI 29/02/9:0
        666 words
      • 1811 47 BECEIYim OF EXPOtT FCl COWTAIMERS AND LCL CARGO Booktog/Bolonco Bstts Ship Voy Mo Etb/Btr Nfted Frow To Fro* AMIHUM 304S VMM M a/SOO a/Ml TVItOO a/BOO a/»5t a/ltOO AlANMU COOT 2/2130 M 2VH00 1MH 7VB00 2VB00 H/1459 29/1900 a 29/1TOO 01/0659 0V0900 21 a/woo ovo6M ovwoc J OVOTOO
        1,811 words
      • 203 47 Marl Korea: Independence Movement Day. Mar 16 Indonesia: Hari Raya Haji. Malaysia: Hari Raya HajiSingapore: Hari Raya Haji. Brunei: Hari Raya Aidiladha. Mar 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). MarlS Taiwan: Market Holiday for Presidential Election. Mar 20 Japan: Vernal Equinox Day. AprS Taiwan:
        203 words
      • 762 47 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead at single prices far a more comprehensive description of the market Prices shown are baaed on averagestzed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        762 words
      • 428 47 tolN Nona 9922 0.9 16.9 0.0* 66 0.05 FK24 OMsttT M» BMHH MI Mmktm nmmn m*mt25 0 0 o 380 Am Wi 0 J R3 0.07 43 0.03 380 MM 998 9 0.6 182 0.14 270 0.06 Mflri »»A %M* »MI w mm* N»WOM635 9 0
        428 words
  • Page 33 Advertisements
    • 185 33 Oil shipping industry sees no lack of ships 2 SingaPort 2000 6th International Maritime SingaPort 2000 Asia's Premier Maritime Event..... a week you can't afford to miss! IF Wi iNarch Singapore Expo HOURS 31 March 2000 10:00 hrs hrs Network with the special highlights maritime experts. r Technology Transfer Pavilion
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    • 1064 34 I NORTH AMERICA IgXPOWf T OTHCW DESTINATIONS I rosa *or no aw muas noustw qkjqq wwtoh mkoott wssa iat 1 n axnu Igumtu 'mm loimm comwo n omau am ooaawvoM hbh n/u ii/m 17/u n/u n/M b/u w/u ii/m mho hih|m/u| m/m m/m m/m u/m u/m 15/ M ii/m OOajAMM
      1,064 words
    • 684 34 lines services represented by Members of the Registry of Accredited Shipping Agents, S'pore Nohonol Shipping Assoc ULY UNE MALE Ivissa I voy I itt Trai |~iS P.KIANG SfOtl MAIi Princess Lily VO2OO 12/03 13/03 21/03 Empress Lily VO3OO 28/03 29/03 06/04 Princess Uly VO3OO 14/04 15/04 22/04 Empress Uly VO4OO
      684 words
    • 6 34 Members of (he Singapore Logistics Association
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  • Page 35 Advertisements
    • 1000 35 v TO EUROPE FROM EUROPE msa votlsi mi hmi m sou fit janivcsa wrlm w m« w son m im a rupum ouw 21/0216/03 11/03 21/03 is/oj in mml oiti 10/02 12/02 is/02 9/02 4/03 HYCOMROOORE 324W 2/03 24/03 23/03 24/03 21/03 NOICORAi 0121 13/02 15/02 11/02 If/02 1/03 RHMI
      1,000 words
    • 1236 35 HANJIN SHIPPING lik PI t Us My* Lm -UB *****38 i *****16 "»"♦«M"m»i raw, 774 offuno«s ******) ?si mahuk ottoss m ttwhc aho iis^ooocqh TO NW USA CANADA USA fAH ADA* IM I "iSluSTwr Isa I nw lea|fM I o, «s> ml m\m»\ m m m m a3Tr 52 27/03
      1,236 words
    • 376 35 <BSB WT_ jb_ JK_ _WT_ *a to !E& maw |wsa wt sm mt IfIMAWOUA HM_ IMB 03*3 -8®- gfl? Mill J&L 2ZJ2. JUjjL VM W/W MO 01*3 05/B 07/03 10/03 10/03 mrrHnaatnac ms M uffi lifl Wflu! JQT jgft? "pffi 003S 03/03 10/03 12/03 IVO3 7V03 MJpMMIIM *OUP 02M 04/03
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  • Page 36 Advertisements
    • 1434 36 DSR SENATOR LINES TO UK/CONTINENT TOMKPITERRANEANCANADA a m m ia btb aim hab mv fu una wrr m an tn fob wx Mm HWUMBRIMB M7IW BM MM Z7 B SB MB J7.BS CAUFOMBA SBMTOB BMW KB 118 tIH OB SB KM OMTABB ATLAS BI2W M.B tit Z3 B M B
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    • 739 36 m. MAC-HELS S'PnHF MClfl Carrtor MN CONTR LINES, MC p. quoamq: f0r)*****26 I-IV/ J WmflHWlim SOU: (064) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P KELANa (03) *****77 JKT (21) *****46 KUQ6NG (062) *****1-3 BUENOS AIRES MANILA MV "E. GUARD" V. 0327 -.096W MV
      739 words
    • 629 36 EXPRESS CONTAINER FEEDER FOR N.SHEW COLOMBO VMMI S PORE N SriEVA COLOMftO PKLANC TULSJOAS 121 KHAR 14 MM 11 MM 75 MM CMI CREUS VIO3W 12 MM 21 MAR 21 MM 91 MR CAPE CANAVERAL VI2OW 19 MM 21 MM 12 APR M APR TULSIDAS *122 2® MM M APR
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  • Page 37 Advertisements
    • 1460 37 VESSEL VOY KHH HKG SIN POCO PXB DMM BA BIK IRAN TAlltarafi j"' o2 02/03 03/03 13/03 14/03 16/03 18/03 IDA?! 01/03 03/03 07/03 08/03 18/03 19/03 21/03 23/03 RAN BAAKERI 10/03 14/03 15/03 25/03 26/03 28/03 30/03 RAM ES,""Ji? 17/03 21/03 22/03 01/04 02/04 04/04 06/04 IRAN HESABI PCL-147
      1,460 words
    • 836 37 FEB 20M ACOPTMO CM 1 TO DAKJU, LAMS, TIM A I AMMAN TO 6EMOA ~,,',l I nuninnliKin M«OOMSO«M TEL 126 I too FAX: *****00 OUTWMD (OA) m »3 5« sZv, r»n ■•niwo-B/*. SSemamm 88 i% JIS «S: L 22TL. XKXX 8S !£S SS SSSSS/Bm JJ J! K SSSf«« 88 SSiI&SJgiJgSSi
      836 words
    • 610 37 EXPOtT I tMPOKT ;jp£;tvm;2K3;^3; 7^;^!'{% lift IitTiIrSJUANSPAcmc sarvicg EXPORT IMPORT rasa Ivor 1 an I ia I om iMomawoßiotimMiarsj r== utnLnmwju n M BI2OW 07/0? 11/pj 878 HjCOfWHAG« 00n J/03 30/03 03/04 HJ COIOaOO «5W UM 07>E 01SI ,iyoT 00/04 10/04 T^,,j* a -y*g" i SJ* KJVMBKU TTTw sT7ft KJ
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    • 1316 38 EUROffAJK/SCJUiIMNAWA/FIWUUiD^USSU I SGP RDM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL I SGP E. DIAMOND RW-012 IM/TO ZXO3 20/03 ZVO3 27/03 20/03 29*3 E. ROYAL RE-04> 10*2 12/12 11*2 13/02 15/02 05*3 00*3 E. DELUXE RW-014 11/03 3003 05/04 01*4 03/04 04/04 05/04 E REACH RE-027
      1,316 words
    • 737 38 r jgggsOf# PACIFIC INTERNATIONAL UNES (PTE) LTD A SSSSB IB 140 Cecil Street, #03-00 Ptt. Building, Singapore *****0. I I. lYßtt Y9T fKff I _JH— Htt STD MB. IM» IB A» Hi Wt I !ll I iota paw** rw«osi j/s i/j 14/ i io/3 n/i a/j jo/i I I HUM
      737 words
    • 389 38 50 TELOK BLANGAH ROM) M2-0Z CmPORT CENTRE STORE INCt TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W *ssa m n m xsimodi mguri no* mum mum pontwmk MMURM MMBMUM mBMSnLIMJIM IMMU naUNW 17AM MNJVSMR PORTPONIWMK For •nqmrin and ookiRQS please contact SEASPACE SHIPPING (S) PTE LTD
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    • 391 39 tut MYANMA wBBk FIVE STAR UNE (Myawar Natioaal Liao) Loetaf f»r Yii|ii (Raagooa) vnsa vot sm m rn pgu SITTWI m u HPA-AN H7W SU MALAYSIA AUNTS: OOUSTIAD SMPfWG AGENCKS KUL TH (03) 2417)00 PRI: IB (03)17*4101 rat m «M) 2****** pgu: m (07) *****21/4 Mi BANK LINE (A sarvka
      391 words
    • 1185 39 HYUNDAI MERCHANT MARINE CO., LTD. Ivtssa wr ISM I SOU I UH IMM I ANT I MAR Itv I la I fvesa DOT SOU Ifll RIM ANT HAN RRV I IE I SM HY COMMODORE 324W 02/03 20/03 25/03 22/09 23/03 MOSa S3IE 11/02 12/02 04/02 00/02 01/03 ■MM S32W
      1,185 words
    • 652 39 v\ftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR ROftO HEAVY LIFT SERVICE* IViSSa I VOY I RAMP WIGHT iW |IK MAO MIA SAV Ml OtF NYC IKW MM TAiABOT AHOO6 400 Um 6.3 M IT7M *****~ T1704~ 21/04 23/04 M7OT 2*75T *****" WoT M7OT TAMFtRE AHOO7 400 Um 6.3
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    • 1875 40 ■ANOKOWIAP TA PHUT/UIM CHABANOj J AK AWT A/PA W J A NO VESSEL VOY SIN BKK MTP LCtT" VESSEL VOY SIN JKT PJN YANTRA BHUM 331N In Pt 05/03 04/03 AKA BHUM 384S In Pt 03/03 06/03 NANTA BHUM** 485N In Pt 04/03 05/03 DEJA BHUM ***** 03/03 06/03 MATHU
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  • Page 43 Advertisements
    • 62 43 I New Advertisers/Services/Agencies MALDIVES NATIONAL LINE See Our Ad on Page 4 under Seaward Shipping Agencies Pte Ltd. AHL Singapore Pte Ltd Providing You With More Than 90 Direct Ports of Call Page 6 5 5 D'OCEAN LINES AGENCIES INDIAN SUB-CONTINENT USA Page 5 Daily COLUMBUS LINE Look Out For
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  • Page 44 Advertisements
    • 82 44 RICKMERS-LINIE B Agent: Hapag-Lloyd(S)Pte Ltd 'Breakbulk .Oversize 200 Cantoameotßotd *08-02 Southpoint Project Cargo .Container Singapore *****3 Heavy-lift Services to: Regular Bm.k-Bulk Project-Service US-Gulf East-Coast (Houston, New Orleans, Savannah, Camden, Baltimore) Europe Med (Alexandria, Savona, Rotterdam, Antwerp, Hamburg, UK) Interasia (Haiphong, Hong Kong, Shanghai, Dalian, Xingang) Loading: Singapore, Port Kelang, Jakarta,
      82 words
    • 39 44 SIHOKOR MERCHANT JSUL,* MARINE CO LTD ttw-iuim/mt/tnt wtwmo^i*) rwMT FARWIDE SNIPPING AGENCIES PTE UD EXRO T fat 221-M22 (S Um>) Fu: 226-15 M PtL POIT KIAM6 SIM: SWOAPOiI WKC: HOW 6 IOW6 USM: lit SAN PUS: PUSAN KWT: KWAMTAJK
      39 words
    • 41 44 SHIPPING WAREHOUSING l«taa: Singapore Loading Daily Man to S* (BATAMINDO l/111l Acoepbng Lift Cargo Reefer Container Htm Singapore Loading Man. Wed Fri (BATAMINDO 0) Aooqpong K1 X'onwcrtwnai/ProjecJ A Heavy Lift Cargo Ut 777 0322 Fax: 222 *330 tifmliiii TUppliij »M-11 WWH
      41 words

  • Page 45 Advertisements
    • 1039 45 SSAMUDERA SHIPPING LINE LTD 72 Imm iNi *06-01 to 03, 07tfl 1 MAM UK/OUTWARD: 532 Ml MWUD (MDh 437 23*1 IMPORT STATUS (DVh 437 2371WVWTORT (WOh 437 2420 <tot«ito topi//wwjwiiiw c* NO. 1047*******0 BOOKINGS UNI: 535 6266 (C>lio/JtMko/M<i Chon/J»»lynn/Dofq/Hqnwi) HQHBn&fli 8 SLGS/WEEKLY 3SIGS/WKKLY IVBSE I VOT I SI JAI IVBSB
      1,039 words
    • 718 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |nw|Hl|JKT|M|iw|rp6|qM|w|mi|«i|<«[Mv|»w|iflHou| HOt$HP«l/9?54 -Mm M/ 9? 27/ M W/03 21/04 07/05 »4/0S 07/05 11/0$ U/05 20/05 HPKtiPtME /MM JLLfIH. JIZH JIZM. .11/04 22/04 20/05 23/05 24/05 27/05 31/05 05/04 01/04 Hottwpw/0t54 MM. oj/MJIM. */04 w/04_ JSZ* _i}/04. jT/a. .22/04 _24/04_ BmS 30/04 04/05
      718 words
    • 169 45 WW TIMES/ WOT SANJM6S: P. COPANC/SBIGAPOtt SOUTH ROUND tesa wr taaut a jgiHAMI fflfe MB Mm mm sim i aw oi/wwai oiaoohu) pmumi 5S BfflißM BffIiSLBMASMM WIS B/PWI HH3(WI mmmt »cs imam oiioaw NOWM Iff VBSa W SIM PGUMK una smi mm eiAonn) oi/tnuai «MAMI KM WBM W MNASMAI wm
      169 words
    • 636 45 hflSB EN6 liE SHIPPING CO PTE LID I M SUM7S 14 Uses) Foi SUNM/UIMM T at fci IMWIIMIC I VESSEI VOT SM ETA SM ETV DESTMATKM UwnS»3 3/00 01/03 03/03 topm/Ma* l*gulJovc 4/00 01/03 01/03 Duma UmSttlO 4/00 07/03 03/03 Suratoyc Go* I 3/00 03/03 04/03 ttolc SmCaad 2/00 04/03
      636 words

  • Page 46 Advertisements
    • 584 46 I VESSEL VOY SIN MAA SIN I TIGER METRO 777N 01-01/03 OfrOftTO 14-15/03 I TIGER ARROW 778N 03-04/03 09-12/03 17 18/03 I TIGER RHYTHM 779N 07-08/03 13-16*03 21-2ZTO I TIGER BRIDGE 780N 10-11/03 16-19/03 24-25/03 I TIGER METRO 781N 14 15/03 20-23/03 I TIGER ARROW 782N 17 18/03 23-26/03 31-01/04
      584 words
    • 864 46 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin6singnet.com.sg DIRECT CONSOLIDATION SERVICE TO •SAN JUAN, PUERTO RICO SANTOS PIREAUS •RIO DE JANEIRO VALPARAISO *NEW DELHI (Patparganj) •DUBUN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN •SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee *****71 bobby@flesin.com.sg
      864 words
    • 1171 46 fir booking t enquiry cat *****80 ,/pV W«fc*tr bttp://www.»ed.Mei yV f wotm lima usa iMKt IB MEN Mt NOU M IMU! MO IK HOU 01 LSI W OOG. *(W YOt* 03E501 02/D3 17/D3 22/U 73/03 73/03 77/03 00a iAPIN 31W504 10/07 »/02 10/07 11/07 It/07 ffVW ooa JAMM4OCSIO 01/03 24/03
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    • 70 46 CONVENTIONAL SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 03/03 04/03 PONTIANAK JUBILANT OSAX3 OaW YANGON/CALCUTTA CHAHAYA STAR 06AX3 12AJ3 VISAIOCALCUTTA REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A PUMAN EXPORT VOY SIN PTL DON ALS EXPRESS 02WB 21/03 01/04 06/04 ALS ENDEAVOUR 03WB 27/04 08/05 13/05 ACCEPTING TO
      70 words

  • Page 47 Advertisements
    • 82 47 jc-L^ WAVE IN LOGISTICS I V The Shipping Times now features a full page of logistics news on Thursday every fortnight Current trends, latest developments with specialist writers providing expert analyses and giving you valuable insights into logistics companies that make a difference with their services Make sure you read
      82 words

  • AIR & LAND transport
    • 671 48 8777 X will be ready for delivery by September 2003, assuming a lannch this month Reuters [SEATTLE] Boeing Co is set to launch a stretch version of its popular 777 widebody jetliner to compete head-to-head with a new Airbus Industrie
      Reuters; FILE PHOTO  -  671 words
    • 280 48 Belgian airline revamping fleet as it gears up to expand services Bloomberg [BRUSSELS] Sabena SA, Belgium's national airline, signed an accord to buy four Airbus Industrie A340-300S worth US$56O million (***** million) for use on routes to North America, South Africa and Japan. The
      Bloomberg  -  280 words
    • 188 48 AFP [ZURICH] The airline Swissair has postponed the re introduction of flights to the Yugoslav capital Belgrade until March 10 on the advice of the Swiss government, which is keen to avoid conflict with the European Union, a company spokesman said. Swissair had
      AFP; AP  -  188 words
    • 324 48 Bernama (KUALA LUMPUR] Malaysia Airlines (MAS) expects an increase in its average passenger load factor to about 70 per cent for the current financial year ending March 31,2000, from 67.5 per cent in 1999, said its executive vice-president Bashir Ahmad. He said
      Bernama  -  324 words
    • 321 48 Reuters [LONDON] Virgin Atlantic Airways chairman Richard Branson yesterday called on Britain to enlist the European Union's help in an effort to win liberalisation of the trans-Atlantic airline market. Negotiations between the United States and Britain to partially increase trans-At-lantic air traffic
      Reuters  -  321 words
    • 371 48 Aircraft engineers fear job cats, redaction in air services AFP 'SYDNEY] Air New Zealand's purchase of News Corp's 50 per cent share in Ansett Holdings Ltd hit a hurdle yesterday with a key Australian aviation union opposing the sale as contrary
      AFP  -  371 words
    • 1547 48 an njtwT n* fuatr eto cz» 2045 somm we MHHO ****** 1905 M VN741 1310 ¥*****2 0905 LK6381 IMS SOVKT75 *35 SOVWT76 »3S sono tm v*74c vno AasttrtM K***** 0525 K***** 233S MM MO MR 0735 6*975 CIO AN4328 2345 ***** 1545 T6M >645 MW MS
      1,547 words
  • Page 48 Advertisements
    • 87 48 I We are a shipping and freight forwarding company looking for energetic, motivated and qualified people to join us in our expansion program. If you feel that you will be able to contribute in any of the following positions, please contact us and we will arrange for an interview 1.
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