The Business Times, 2 March 2000

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Microfilm: NL21781
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA(P) 038/12/1999 85#: SINGAPORE Internet: hlip://business-times.asial com.sg/' THURSDAY, MARCH 2, 2000
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  • Article
    Lock icon MARKET SUMMARY
    57 1 D VMM (4.45) □53U nsmsanmnEs iJ jtsjo (-310) sToaunrnmB Wednesday Change KLSEOOMP £69.96 _-1128 NffKH MJ6Lt7_4Um BANGSENG 1*841» 425* SET INDEX KIM IV JAKARTA COMP MM8 -UJ6 MANILA OOMP 1,6519k. +1101 TAIPEI WP! 1,169.10 +2S116 SEOUL COMP fV—I CLSACBWAB 79L61 *LI7 AUBTALLOiD 1,1816 +WJ 11am EST Chan* DOW
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  • Article
    Lock icon FINANCE
    73 1 FOBBZ BASES U8t SI U8t 1.728 S(U8S/SSper£) tfigl 1714 EURO(US$/S$/E) 8.967 UK DM- u» t»i YBW 199.1 Wt BM 1899 0.463 HM 7.781 OlSI BAHT Sail 1046 SDPIAH 7,400 «J»* 'S9 mm won PBD03 BATES SWBAPeSP .Me KLALALUMPUl 7.87 JAKARTA *U» BANGKOK MO MANILA JW HONGKONG _8J# TAIPEI 7M
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  • Article, Illustration
    Lock icon OUB set to be among first with standalone e-bank
    533 1  -  Move part of strategy to use mill ti-channel approach to reach customers president By\ Soh Tiang Keng [SINGAPORE] Overseas Union Bank looks poised to be among the first Singapore banks to go into full-fledged electronic banking when its radical idea of
    FILE PHOTO  -  533 words
  • Article, Illustration
    Lock icon Head-hunter with the trophy scalps
    1182 1  -  nexclusive His biggest coup was getting Wong Kok Siew for Nomura By, Anna Teo [SINGAPORE] His team at Amrop International hunted down more than 30 new senior talents for OCBC Bank last year. But for Tan Soo Jin, the big coup in his 23-year headhunting
    CHRIS LOH  -  1,182 words
  • Article, Illustration
    Lock icon Senior Li's turn to hog limelight with Tom.com
    742 1  -  Bnt many are voicing disquiet at family's growing dominance Fromi Quak Hiang Whai in Hongkong THE celebrations continued for the family of Li Ka-shing yesterday as the elder Li's Internet offering, Tom.com, made an outstanding debut on the bourse with the stock
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      Lock icon Page 1 Advertisements Column 1
      41 1 IHSIDE Top stortos SembCorp posts earnings of $128 m. Pg 9 Shipping TfcrvtM Boeing takes Airbus on in ftght for longhaul aircraft. Pg 13 HHpuyj InMnn 3 HHHfI online? jjgjgjjg* ETpore's executive recruiting scene robust, Pgll a PWf^Br: > j J -nf
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  • NEXT page
    • Article
      Lock icon Participation, bid levels at govt land sale beat expectations
      599 2  -  Two leasehold condo sites draw 9 bids each, while the third attracts five bids By < Carol Eng [SINGAPORE] The first government residential land sale in two years has drawn interest exceeding market expectation both in terms of participation and bid
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    • Article
      Lock icon Popular en bloc areas see highest rises in DC
      512 2  -  Rates have gone up by as modi as 87% for no£landed residential land By Marissa Chew [SINGAPORE] Sectors popular on the collective sales market, including thosain Newton and East Coast, were slapped with some of the heftiest incre&es when the Ministry
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    • Article, Illustration
      Lock icon Open Sesame money management
      726 2  -  P comment TECHNOLOGY Web sites that effectively do national service kenneth james Financial web sites are mushrooming as fast as one can say "Open Sesame". And no wonder. They are the modern-day equivalent of the cave of Ali Baba, promising quick riches to those who know
      726 words
    • ON THE grapevine
      • Article
        Lock icon Virtual feng shui
        50 2 MALAYSIAN tycoons Vincent Tan of Berjaya Group and his younger brother Danny of Dijaya Corporation are believers offeng shui after all. Their company Dijaya Enterprise will tie up with Lilian Too's World of Feng Shui and Asia Web Direct of Hongkong to launch an Internet-related service today.
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      • Article
        Lock icon Unit trust \punting'
        99 2 SEEMS those who buy insurance-linked unit trusts are as likely to sell out when their unit trusts appreciate as hold on to them as long-term investments. Lamenting this "punting" tendency is Joe Peters, president of Axa Life Insurance Singapore. He noted recently that the number of people
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      • Article
        Lock icon Fast and free
        92 2 STAY at the Pan Pacific Singapore between April 1 and April 30 this year and surf the Internet for free. Of course the room isn't free. The hotel has arranged with Dishnet DSL to provide high-speed Internet during this period for free to all its 784 guestrooms
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  • THE HKT deal
    • Article, Illustration
      Lock icon HKT shares fall 12%, CyberWorks 8% as Hang Seng slumps 1.9%
      786 3  -  CyberWork* expected to forge new China alliance with PC maker Legend today From Meera Tharmaratnam in Hongkong WITH Hongkong's attention focused on the Li family yesterday, investors re-rated Richard Li's Pacific Century CyberWorks following its successful bid for phone
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    • Article
      Lock icon Pacific Century dives 15% to $27.60
      283 3  -  By\ Carol Eng SPECULATIVE counter Pacific Century Regional Developments (PCRD) yesterday dived 15 per cent or a jaw-dropping $4.70 per share to $27.60 following the lifting of its three-day trading suspension. Investors were said to be concerned about the potential interest cost burden of
      283 words
    • Article
      Lock icon SingTel keeps the heat on HSBC over role in HKT bid
      349 3  -  By Catherine Ong REFUSING to turn off the heat on HSBC, Singapore Telecom yesterday alleged that the bank was discharged from its independent financial adviser role to Cable Wireless (HKT) because of possible conflict of interest. Reacting to press
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    • Article, Illustration
      Lock icon Banks' leap of faith in Li clinched HKT deal
      770 4 THE DEALMAKERS CAW agreed to go with Cyber Works once Li managed to get banks to lend him USsl2b Reuters HELPING conservative Chinese bankers understand how an Internet start-up could bid for one of Hongkong's biggest companies was like "asking a
      Reuters  -  770 words
    • Article, Illustration
      Lock icon Warburg will earn tens of millions in fees from HKT coup
      553 4 THE ADVISERS It flew in senior officials from Europe for takeover battle Bloomberg [HONGKONG] Warburg Dillon Read, the investment banking arm of Switzerland's ÜBS AG, emerged as one of the biggest winners in Asia's record US$3B billion (Ss6s billion)
      Bloomberg; FILE PHOTO  -  553 words
    • Article
      Lock icon Global syndication likely to begin within the next two weeks
      314 4 AND THE BANKERS Reuters [HONGKONG] Pacific Century CyberWorks' success in clinching a deal to buy Cable Wireless HKT with a U5535.9 billion (5561.8 billion) cash and share deal means that syndication of Asia's largest loan facility will go ahead, bankers
      Reuters  -  314 words
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      286 3 r f>V 4! JL j- j 1 v i "i^*'.'"M" •A A, *at 1 "v A »>" >45 rV: J jT* v r %V> V Ai -f S<l 3HE^nP» RnssyUi*%"• *>■ 'i.* a >■' kShENHI y GflCawTroiu v araccHpvciHVf >1 >'s Break The Civilization Barrier. L rk I; Deadlines. Co-workers.
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      145 4 500 exhibitors I I from 25 I countries I I M I n 40,000 sqm I l!M of exhibition nfl ,p,K I I I I I Latest ond best collection I 4f of furniture trends from I ACIAy y|Bß> i AXAH ana I the world i Special features on the
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      Lock icon Page 4 Advertisements Column 2
      27 4 CyberWorks in tie-up to invest in Net firms, Pg 13 China's largest computer maker to raise HKsl.6sb, Pg 18 Doable blow for Murdoch's expansion plans, Pg 20
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      268 5 GENERAL SECURITIES INVESTMENTS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING To: All Shareholders NOTICE IS HEREBY GIVEN that the Twenty-Fifth Annual General Meeting of the shareholders of the Company will be held in the Meeting Room 3, 18* Storey, DBS Building Tower I, 6 Shenton
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      356 5 WE INVEST IN I THE BEST.^hbI U areer decisions should be made prudently because they determine your long-term future. When you join the Government of Singapore Investment Corporation Pte Ltd (GIC), you are making a prudent decision which gives you good long-term returns. We are the largest global HMH fund
      356 words
  • SINGAPORE companies
    • Article
      Lock icon SembCorp tops forecasts by big margin
      818 5  -  CORPORATE RESULTS against $57m loss in previous year; return on equity hits 14.04% By( Conrad Raj SEMBCORP Industries, one of Asia's largest infrastructure and marine engineering groups, produced a sparkling set of results to beat the most optimistic of analysts' predictions by a wide
      818 words
    • Article
      Lock icon GES' interim sales soar 52% to $552m
      351 5 GES International looks set to sail past the billion-dollar mark for full-year sales as it announced a 52 per cent surge in interim turnover to $552 million on the back of an explosion in its e-commerce business. Net profit for the six months
      351 words
    • Article, Illustration
      Lock icon Kim Eng says merger talks are at preliminary stage
      374 5  -  But it denies they involve JM Sassoon, Charles Schwab By Ven Sreenivasan STOCKBROKER Kim Eng Holdings yesterday confirmed it was in preliminary merger and acquisition talks, but denied the market speculation that they involved stockbroker JM Sassoon Co or US Internet
      Source: Bloomberg  -  374 words
    • Article, Illustration
      Lock icon NatElec meets expectations with 23% profit rise to $84.4m
      489 5  -  Strong demand, new customers cited; sales surge 31% to $&23b; company upbeat on outlook for this year By, Andrea Tan NATSTEEL Electronics (NEL) yesterday reported a 23 per cent jump in net profit to $84.4 million for 1999, thanks to stronger
      SIEW YAW HOONG  -  489 words
    • Article, Illustration
      Lock icon RMG proposes 3-for-10 rights issue at 20c each
      384 5  -  By] Ling Su Ann LISTED Raffles Medical Group (RMG) i 8 planning a rights issue with shares offered at a staggeringly low price of 20 cents apiece, just barely eight months after it placed out more shares at $1.03 each. The low
      Source: Bloomberg  -  384 words
    • Article
      Lock icon Full-time score
      120 5 As of yesterday, 47 SGX-feted companies had released their financial results for full year ended Dec 31,1999. They recorded a combined $3,299.4m in group earnings. compared to a loss of $181.01 mover 1998. The total included 5 foreign companies listed here. If they were excluded, total earnings would
      120 words
    • Article
      Lock icon Aussino.com proving that dot-coms can produce profits and grow
      562 6  -  HOCKlMJlc^m toh han shih AUSSINO.COM, which has just launched its initial public offer, is a rare dot-com company it is a profitable one. But the Singapore company saw its share price close below its IPO price on its first day of
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    • Article, Illustration
      Lock icon Aussino.com falls 9% below IPO price on its debut
      419 6  -  Analysts say the recent rash of new listings has affected sentiment By 1 Toh Han Shih AUSSINO.COM, a profitable Singapore company, saw its share price fall to 80 cents 9 per cent below its IPO price of 88 cents on its
      419 words
    • Article
      Lock icon Acma unveils Net plans, Sesdaq listing for unit
      199 6  -  By: R Sivanithy ENGINEERING and electronics firm Acma Ltd yesterday unveiled a move to transform itself into an Internet player as well as plans to list its associate MAE Engineering on Sesdaq. It said in a statement that its subsidiary Wired Hub.com
      199 words
    • COMPANY Briefs
      • Article
        Lock icon Metro quits cruise business
        121 6 METRO HOLDINGS is quitting the cruise bnstraee altogether fallowing the sinking of San Vista last year. The group yesterday said it is selling two veaasis—Sun VivaandSun Viva 2—to Star Cruises pfc for U993& million. The ships are owned by Son Cruises Holdings, which is a 66.79%
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      • Article
        Lock icon Hersing improves earnings by 14%
        73 6 HERSING Corp, the holding company for ERA real estate agency, reported a 3 per cent higher turnover of>62 million and 14 per cent better profit of $L 6 million for 1669. Although Singapore operations improved. Hsrsing said its Hongkong operations continiiod to saDsrkisasa. Earnings per
        73 words
      • Article
        Lock icon Eastgate profit takes a leap to $
        69 6 Eastgate profit takes a leap to EASTGATE Technology's net profit shot up to IB m&ttOß from $222,000*9 turnover doubled t0533.7 million last year. Earnings per share was cents, coopwsd to s loss of 0. l oent previously. Chairman chief executive Goh Hun Keng said the group had an "outstanding" year,
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    • Article, Illustration
      Lock icon Contra-ry to fears, T+3 could boost liquidity
      416 9  -  Shorter settlement period will make local bourse more vibrant, says expert By' Ven Sreenivasan THE shortening of the settlement cycle for trades on the Singapore Exchange could actually boost liquidity and make the local bourse more vibrant, according to one industry expert. Gordon
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    • Article
      Lock icon KT&T, Soros to buy Arel shares
      306 9 They're taking up a private placement of USs&sm of shares KEPPEL Telecommunications Transportation (KT&T) and the Soros Fund have teamed up to buy US$B.5 million (5514.6 million) of shares placed out by Arel Communications Software. Nasdaq-listed Arel, the world's leading provider of interactive distance
      306 words
    • Article, Illustration
      Lock icon Robinson closing down Sportsgirl outlets
      355 9  -  I-I I exclusive Fashion chain's new owner not keen on export business By\ Corinne Kerk LISTED retailer Robinson Co is closing down its Sportsgirl outlets following the December acquisition of the fashion chain by Australia's Sussan Corporation. Robinson's deputy chief executive officer, Victor Tan, told
      FILE PHOTO  -  355 words
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      295 6 MASTER PLANNING TECHNOLOGICALLY SUPERIOR RESORT-STYLE AMENITIES OVERWHELMING DEMAND THE ONLY MASTER PLANNED COMMUNITY IN DOWNTOWN A $30 MILLION STATE-OF-THE ART FIBRE OPTIC INFRA- CLUB VISTA INCLUDES AN 80-FOOT INDOOR POOL, FULLY OVER 600 UNITS OF PHASE ONE SOLD OUT IN ONE DAY, TORONTO OVER 43 ACRES OF PRIME REAL ESTATE
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      468 8 Stock* Vokara IPC Corpn 5c 38.334,000 Gottron 20c 23,806,000 Inno-Pac20c 22,597,000 MMIHUgslOc 18,216,000 Victors CapitaJ 25c 17,946,000 UracoHkJgslOc 1535,000 DBS Land 12,786,000 NOfc 12.499,000 McdlaRing 10c 10.761.000 FaMsch U810C 9.231,000 S*octa PecifcCentury 211 ,247,204 OCBC 41,003,232 SJA 31,255,968 ST Assembly 25c 28,146,720 DBS Land 27,960,790 SPH 27,808,416 DatacraftlOc 27.244,601 U06
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    • Article, Illustration
      Lock icon Blue chips continue to melt as tech stocks suffer fatigue
      550 8  -  i comment STOCKS r.sivanithy THERE was more of the same feeling of resignation in the local stock market yesterday that's been present since the start of this week as prices continued to melt almost non-stop throughout the day. Blue chips
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    • Article, Illustration
      Lock icon Crimson Land warrant has time, price on its side
      179 8  -  WARRANT WATCH By\ R Sivanithy THE Malaysian market continues to hold up relatively well in the face of near region-wide selling pressure this week. We should thus perhaps keep our focus there. One warrant we've not featured here before i 9
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    • Article, Illustration
      Lock icon Support for MMI at just over 70c
      271 8  -  HOT STOCK By' Wong Wei Kong MMI Holdings continued to slide yesterday, falling below 80 cents or nearly 25 per cent from its highest close of $1 barely two weeks ago. However, the drop was accompanied by a smaller turnover. The counter ended
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    • Article
      Lock icon Market Notices
      117 8 THE Capital Group Companies Inc has sold 50,000 Datacraft shares for U*****,000 (*****379). Its interest now stands at 23.59 million shares or 5.43 per cent. MMI Holdings said substantial shareholder Robert Fleming Holdings has bought 130,000 shares on the open market for $115,000, upping its interest to 33.98
      117 words
    • Article, Illustration
      Lock icon Strong Nasdaq drags S$ to 9-month low against US$
      497 8  -  comment CURRENCIES larry wee STRONG US stock market gains overnight led by yet another new high on Nasdaq favoured the US dollar in Asian trading, even though the Japanese yen benefited from the Nikkei's highest close in more than 2Vi years.
      497 words
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      190 8 I i >0^ -rw, in^B^BK^^E^B k I The SingaPort 2000 special feature is fully loaded with advantages for advertisers. Firstly it is published in conjunction with the SingaPort 2000 Exhibition and Conference which is Asia's premier maritime event. Editorial content will also be highly relevant to the 117,000 readers who
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      22 8 Ti flexible financing for your share \:y ~r ---r Call as 3 r 323-3955 what we can co.fcr voa 83 DBS BANK
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      255 9 The Business of e-Business Made easier! Reply Form Introducing Sun Systems eßusiness Edition, a fully integrated, flexible e-business 1 solution which will enable you to fully exploit the internet-driven business revolution. It you are the CEO, CFO, CIO or part of the senior management team and are D 1 am
      255 words
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  • MAIL bag
    • Article, Illustration
      Lock icon It's time to give SGX a break
      270 10  -  Y Woozer Singapore I REFER to the letters by Andrew Chia (BT, 28 Feb) and Denis Distant (BT, 29 Feb). I think it's time to give the Singapore Exchange a break. In its agreement with the KLSE, it has acted in the best
      FILE PHOTO  -  270 words
    • Article
      Lock icon Only right for SGX to bear fee
      110 10  -  Leong Onn Kwong Singapore I THINK most Clob shareholders share the same sentiment expressed in Denis Distant's letter ("SGX should compensate Clob investors the 1.5% fee, BT Feb 29). The absorption of the 1.5 per cent transfer fee is the least SGX could
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    • Article
      Lock icon More than money at stake for SGX
      192 10  -  Marie Lam Singapore via Internet I REFER to Denis Distant's letter ("SGX should compensate Clob investors the 1.5 per cent fee", BT, Feb 29). I think that Clob investors and the SIAS should support his suggestions. There is more than money at stake;
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    • Article
      Lock icon Unfair for investors to pay
      100 10  -  Wayne Cheong Singapore via Internet I FULLY agree with Denis Distant that SGX should bear the 1.5 per cent fees for Clob investors ("SGX should compensate Clob investors the 1.5 per cent fee", BT, Feb 29). The simple fact is that SGX was the one
      100 words
    • Article
      Lock icon What guarantee after Clob shift?
      230 10  -  Steve Yeo Siow Kuang Singapore FROM the recent signing of the Clob deal between SGX and KLSE, it seems that the poor frustrated Clob investors have no other choice but to accept either the A or B scheme. I shall be very grateful if SGX
      230 words
    • Article
      Lock icon Sweeten the deal
      112 10  -  cf,nimi Chow CK Singapore, via Internet AS WE all know, the solutions in the joint statement by SGX and KLSE were almost an about-turn from the comprehensive one SGX proposed earlier. Up till now, neither SGX nor the SIAS president has come out to respond to the
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    • Article
      Lock icon 'Solution'is a rip-off
      84 10  -  Jun Shyan Wong Boston, US via Internet THE Clob "solution" highlights the irregularities which are just another hallmark of the way the cronies of the ruling Malaysian elite are tacitly rewarded. The economic imperatives of those in the privileged circle appear to be paramount. It is both
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      106 10 Il i&t* fit ':i:S-%fi Bit VW -J"''' |y i f Ermene°ildo 2jo°llcl a suit, a shirt and a tie: a made to measure line created in accordance with the best tailoring* tradition. g u J^|[i§ra The precious Zegna fabrics: over 450 patterns, among* which the 15 Milmil 15, made of
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  • SINGAPORE news
    • Article, Illustration
      Lock icon There's buzz in executive recruitment
      1391 11  -  Leading search firm Korn/Ferry buys PA global recruitment business Byi Anna Teo HEADHUNTERS suss out prospects quietly and discreetly, as they should. Singapore's executive recruiting scene, though, has been anything but quiet. The sector has in recent years seen a frenetic turnaround of players, both
      FILE PHOTO  -  1,391 words
    • Article
      Lock icon SingTel will learn from failed HKT bid: PM Goh
      268 11  -  From] Eugene Low in Muscat, Oman PRIME Minister Goh Chok Tong has expressed disappointment at Singapore Telecoms' failure to take a stake in Cable Wireless HKT, but added that it was a commercial decision by Sing Tel and that the company
      268 words
    • Article
      Lock icon DC changes a blow to enbloc sales: experts
      551 11  -  Element of uncertainty could deter developers By) Marissa Chew PROPERTY consultants and developers yesterday said the changes to the way development charges, or DC, are levied, as announced on Tuesday, will prove to be a blow to the collective sales market. Said
      551 words
    • NEWS Roundup
      • Article
        Lock icon Lim Pin steps down as vice-chancellor
        81 11 PROFESSOR Lim Pin will relinquish his post as vice-chancellor of the National University of Singapore (NUS) and return to fUll-time academia, with effect from June 1, He will be replaced by ProfShih Choon Fong, currently deputy vice-chancellor in charge of planning and operations, who
        81 words
      • Article
        Lock icon Magix to offer CD-ROMs online
        86 11 SINGTEL Magix has tied up with Exent Technologies of Israel to offer an application service provider hosting service. Exent Is a developer of software products for use In broadband services. With the new service, Sing Tel Magix customers will be able to click and play
        86 words
      • Article
        Lock icon ASME aims for the world via Web
        62 11 THE Association of Small and Medium Enterprises will set up a portal to help SMEs reach out to a global audience and to provide a non-profit interactive consulting services hub for SMEs. Called SMEHome.com, the portal will be launched on March 29, in
        62 words
      • Article
        Lock icon Corrections and clarifications
        66 11 IN yesterday's report, "Set up Net industry body to oversee practice code: panel", we incorrectly said the Singapore Broadcasting Authority had Issued a draft Industry Code ofPractice on guidelines for Internet content. It was the National Internet Advisory Committee which had drawn up a draft practice code
        66 words
    • Article, Illustration
      Lock icon IDA sets aside $25m to bridge digital divide
      360 11 Senior citizens, homemakers among key groups targeted THE Infocomm Development Authority (IDA) of Singapore has committed $25 million over the next three years towards reducing any potential digital divide that might develop between the Internet savvy and those Singaporeans who are not,
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    • Article
      Lock icon Scheme gives a boost to civil servants' enterprising ideas
      396 11 THE government wants the "Silicon Valley" spirit to be injected into public service when it launched The Enterprise Challenge yesterday as a platform to support innovative and enterprising proposals from civil servants. "It is a revolutionary idea which will have tremendous
      396 words
    • Article, Illustration
      Lock icon DBS sees drag on Feb trade data
      281 11  -  I 3on the economy outlook By, Audrey Tan THE contraction in disk-drive exports and an inventory build-up in the post-Y2K period will lead to a drag on February's trade data, says DBS Bank. The bank attributes the disappointing 7.6 per cent rise in
      Source: CEC  -  281 words
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  • e News
    • Article, Illustration
      Lock icon AOL-Time pledge of open access finds few believers
      471 12 WASHINGTON US lawmakers question aims of proposed merger of AOL, Time Warner NYT THE proposed merger of America Online (AOL) and Time Warner drew sceptical questioning on Tuesday from the US Senate Judiciary Committee, as lawmakers challenged a pledge by the companies
      NYT; AFP  -  471 words
    • Article
      Lock icon Oil companies set sights on new Internet economy
      415 12 NEW YORK Industry expects huge savings in procurement costs Reuters OIL companies are pushing into with hopes of saving billions on buying everything from pipes to engineering services, shadowing efforts in other old-econo-my industries such as auto and steel to break into
      Reuters  -  415 words
    • Article
      Lock icon Microsoft buys Israeli interactive TV developer
      282 12 SEATTLE Reuters MICROSOFT Corp said on Tuesday it will buy Israel's Peach Networks Ltd, which provides Internet services over cable television networks, in a deal the software giant said will let it deploy interactive TV to millions of previously unreachable digital set-top boxes. Peach
      Reuters  -  282 words
    • Article
      Lock icon BellSouth, SBC in talks to merge wireless units: report
      231 13 NEW YORK Bloomberg SBC Communications Inc and BeUSouth Corp are in talks to merge their US cellular phone units to try to create a "near-national" wireless provider, the Wall Street Journal Interactive Edition reported, citing people familiar with the discussions. A
      Bloomberg  -  231 words
    • e Briefs
      • Article
        Lock icon PwC to invest US$500m in start-ups
        75 13 Reuters [LONDON] Accounting firm Price waterhouseCoopers said yesterday it was investing US$5OO million (SsB6l million) in European Web start-ups over the next year. "What is genuinely different about this service is that it covers every aspect of setting up a new dot-com venture, from
        Reuters  -  75 words
      • Article
        Lock icon Microsoft opens Net business centre
        62 13 Reuters [WALTHAM, Massachusetts] Microsoft Corp yesterday opened an East Coast Internet business centre in an effort to bolster its relationships with "dot.com" firms. The US$5 million (553.4 million) centre will initially be staffed by 15 people and serve as a "Swat team" to help firms
        Reuters  -  62 words
      • Article
        Lock icon 4 Japanese giants back ChemConnect
        76 13 AFP [TOKYO] The biggest electronic-commerce venture for chemicals products said yesterday it had gained investment backing from four major Japanese trading houses. San Francisco-based ChemConnect lnc said it was receiving unspecified equity investments from Mitsubishi Corp, Sumitomo Corp, Marubeni Corp and Mitsui and Co Ltd
        AFP  -  76 words
      • Article
        Lock icon Telstra to issue debt via Internet
        84 13 Reuters [SYDNEY] Telstra Corp Ltd confirmed rumours that it was planning to issue debt via the Internet yesterday when it revealed plans to offer a benchmark bond issue in the Australian corporate debt market online. Hie telecommunications giant said it was looking to issue
        Reuters  -  84 words
      • Article
        Lock icon MCI to pay C&W US$200m to settle suit
        96 13 Reuters [LONDON] MCI World Com lnc has agreed to pay Cable Wireless pic US$3OO million (***** million) to settle a dispute over CAWs purchase of MCl's Internet business, CAW said yesterday. CAW filed suit against MCI a year ago alleging it had
        Reuters  -  96 words
      • Article
        Lock icon Intel buys into InfointerActive
        71 13 Reuters [TORONTO] Investors found it hard to wait any longer to buy Bhares in Infointer Active lnc on Tuesday after the maker of Internet call waiting software said Intel Corp will license its key products. As part of the licensing arrangement with the Halifax-based company, Intel
        Reuters  -  71 words
    • Article, Illustration
      Lock icon New battle shaping up in Internet service: telephony
      626 13 NEW YORK Software enabling voice communication over the Web is in high Hfttimnil LAT-WP IF EVER there was a sign that Internet telephony has arrived, it is America Online Inc's (AOL) interest in a New Jersey company called Net2Phone Inc. The venture
      LAT-WP; FILE PHOTO  -  626 words
    • Article
      Lock icon CyberWorks in tie-up to invest in emerging Net firms
      279 13 ANDOVER, Massachusetts Partnership with CMGI, and Dallas global investing firm Reuters CMGI Inc, Hicks, Muse, Tate Furst Inc and Pacific Century CyberWorks Ltd said yesterday they will jointly invest up to US$l.5 billion (552.58 billion) in emerging Internet firms worldwide. They
      Reuters  -  279 words
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      17 13 Step up your recruitment effort for as little as $26. jf jft Call 1800-737-1146 for fast results.
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      230 13 A Is your server designed to grow Some things seem like they could on our bulletproof Solaris" operating with you over the grow forever. Take the ever-expanding environment, you can power your long haul? workgroup. While putting more and Windows, Mac and UNIX* desktops. more strain on systems every day,
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  • EDITORIAL & opinion
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      Lock icon Why Internet commerce should be taxed
      726 14  -  iTTi=! bottom line OPINION robert samuelson The Washington Post Writers Group THE Internet is one of those subjects that make normally sensible people go squishy in the brain. Witness the debate over Internet taxes. We're told not to tax the Internet, and we're not
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      Lock icon IN OTHER WORDS
      134 14 'I denounce inter-racial dating.' George Bosh Jr US presidential aspirant, trying to shake off the controversy over his speech at the fundamentalist Bob Jones University which forbids inter-racial dating. 'We are not so confident that if we are attacked, the United States will be there. So we
      134 words
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      Lock icon Army business in Indonesia
      661 14 EDITORIAL EVEN before the dust has settled over General Wiranto's suspension from Cabinet, President Abdurrahman Wahid has swiftly pushed for a major reshuffle of the Indonesian defence forces. Whatever name it is given, it is difficult not to see this as a purge of the "Wiranto-ists"
      661 words
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      Lock icon Tough talk on Taiwan is music to China bashers
      1126 14  -  China's threats to use war against Taiwan jeopardise its US trade deal By Leon Hadar The writer is BT's Washington correspondent IF THE members of the powerful anti-China coalition in Washington were to devise a strategy aimed at attaining its two
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      Lock icon How do bananas, beef and Kosovo sink the euro?
      834 14  -  COMMENTARY By* Caroline Baum Bloomberg WITH the summer travel season approaching, Americans should be looking to maximise the purchasing power of the US dollar by visiting Europe, where the single currency slipped to a 14-month low of 93.9 US cents recently.
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      186 15 »t y j if i r i^k m m Vi J K' m R' :m < !^h ''•:*.f*§B The BMW 520iA Overtrade Programme. V' Because prosperity should last well beyond Chinese New Year. *S 4 &3a 'K A -3£^ll M V p::,<o%--^txi*m vri Ji '•-M:.v j "-i '4 h 5S|
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  • MALAYSIA news
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      Lock icon KLSE market cap triples to RM691b from Sept '98 low
      504 16  -  nil exclusive Bnt it still lags S'pore bourse despite foreign funds inflow in last two months From. Eddie Toh in Kuala Lumpur THE Malaysian stock market's capitalisation has grown more than three times from its September 1998 nadir during the
      504 words
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      Lock icon Telekom M'sia plans to list mobile, Net units
      390 16 KUALA LUMPUR Most of the IPOs t&rgetted at next year, could raise as mnchasßMlb TELEKOM Malaysia Bhd, Malaysia's biggest publicly traded company, said it plans to sell shares in its cellular 1 phone firm, Internet-related businesses and overseas units to fund expansion.
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    • Article
      Lock icon Malaysia trade surplus in Jan falls 50% to RM4.5b
      402 16 KUALA LUMPUR Exports rise 17% while imports jump a faster 20% Reuters MALAYSIA'S trade surplus plunged to 4.5 billion Malaysian ringgit (Ss2 billion) in January from a staggering RMB.6 billion the previous month, but analysts said it was too soon to
      Reuters  -  402 words
    • Article
      Lock icon KL may ease rules on repos to boost debt market
      196 16 KUALA LUMPUR Bloomberg MALAYSIA'S central bank said it may loosen rules on repurchase transactions, or repos, in a bid to make the country's debt markets more useftil to companies and investors. Malaysia is moving to boost its debt market to
      Bloomberg  -  196 words
    • MARKET moves
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        Lock icon DRB, Hicom group shares fall
        149 16 SHARES of Diversified Resources Bhd (DRB), Hicom, Gadek and Gadek Capital all fell on resumption of trading yesterday after being suspended since last Friday. Investors sold the shares following DRB's announcement that it would amalgamate the businesses of all four groups under its umbrella, delisting
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        Lock icon Telekom down on weak profits
        97 16 NATIONAL telephone company Telekom shed 60 sen yesterday, following its announcement on Tuesday of a 18 per cent decline in net earnings for the year ended December 1999. Telekom closed at RM15.50 yesterday, with over 3 million shares traded, following the results announcement, which came
        97 words
      • Article
        Lock icon No buzz with Ancom's IT business
        116 16  -  Compiled by Diana Oon Abdullah DESPITE announcing that it had bought a controlling 50.1 per cent stake in an IT solutions provider, chemical business Ancom Bhd saw no increased interest in its stocks in the last two sessions. Ancom's share price was down 14
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      59 16 'c I k|||| distinctive CORPORATE FINISHES •Prominent development high visibility XM C Minutes away from Jul iJF' |M Eunos MRT station B If •Finishes similar to /A fjo office standard •Private car parking m i 9 x IKA- ~-I ■BpiflCTffllfcaag^a-,• >';laganv£?•*;•'& &jF V 3I 1 Developer bhb| I |£J GROW-TECH
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      13 16 PJ lanhc lanhan Why cant hCabla shares be pushed up despite substantive business?
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      182 16 In line with our enterprise development mission. EPC presents Going For A Successful HV a Conference to help you H Imb H H prepare for a successful J Hsttng and beyond! Prominent speakers include: Mr Leon Wong Vice President 4 Head Listing. Singapore Exchange Ltd Jj Nr Soon Boon Siong
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  • SOUTH east asia
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      Lock icon Thai bankruptcy court reopens crucial petrochem case
      427 17 BANGKOK Critical implications for clearing hnge debts swamping economy AFP THAILAND'S Central Bankruptcy Court yesterday reopened hearings against Thai Petrochemicals Industries (TPI), in a case with critical implications for clearing huge debts swamping the economy. TPI, Thailand's most deeply indebted firm, owes more
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    • Article
      Lock icon Indonesia to audit aimed forces' businesses: report
      207 17 JAKARTA Reuters INDONESIA plans to audit the military's businesses in a further bid to reduce the once powerful armed forces' power, a newspaper reported yesterday. The Indonesian Observer daily quoted chief economics minister Kwik Kian Gie saying the government also planned to stop
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    • NOTE Book
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        Lock icon Police station in West Papua attacked
        61 17 AP [JAKARTA] (AP) —Angered by the killing of a fellow indigenous person during protests on Monday, of Papuans yesterday attacked a police station in Indonesia's easternmost province of West Papua, police said. Separately, two people were injured and three cars burned when a protest
        AP  -  61 words
      • Article, Illustration
        Lock icon Megawati should act like a PM: Gus Dur
        40 17 AFP [JAKARTA] Indonesian President Abdurrahman Wahid tokl a press conference yesterday that he would like Vice-President Megawati Sukarnoputri (right) to be more active in the government and function as a prime minister.
        AFP  -  40 words
      • Article
        Lock icon Thai property sector recovering: Tarrin
        73 17 AFX-Asia [BANGKOK] Thai Finance Minister Tarrin Nimmanahaeminda said yesterday that there were signs of a modest recovery in the property sector, mainly on the back of lower interest rates and government measures to prop up the market. He said that in the detached house segment
        AFX-Asia  -  73 words
      • Article
        Lock icon PLDT net profits up 151% to 2.8b pesos
        72 17 AFP [MANILA] Philippine Long Distance Telephone Co (PLDT) net profits rose 151 per cent in 1999 to 2.8 billion pesos (*****.6 million) as cost cuts helped it meet consensus forecasts, officials and analysts said yesterday. But consolidated operating revenues fell one per
        AFP  -  72 words
    • Article
      Lock icon Jakarta to raise salaries of civil servants by 30%
      322 17 JAKARTA Move to fight graft; quantum exceeds 20% pledged to IMF Bloomberg INDONESIA has agreed to raise salaries of civil servants by 30 per cent, or higher than the 20 per cent increase promised to the International Monetary Fund, to reduce
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      104 17 City Estates International LONDON HONG KONG SINGAPORE DUBLIN Are you looking to sell your property in London? We offer a complete service under one roof including established links with international investors: Soles Acquisitions Valuations Resales Up-to-date market appraisal As part of the City Lets International Group we also offer a
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      151 17 m BV S 1 1 £11 TlH^^M"^P|l|BßßißillM^^^B lfc*-> ilr r-> /f 1 h#il I Vll kl x BP" HH V IB I ij_ Y 2 fpa '^B^^^^^B' >"^B i MV IB B flnflHHp' B i Specialist Internet knowledge and in-depth experience. I Bill I■■ With Pacific Internet, your business gets
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  • EAST asia
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      Lock icon PetroChina files for initial public offering on NYSE
      502 18 WASHINGTON Part of a dual listing in New York and HE, the deal hopes to raise as much as USssb Bloomberg, Reuters, AFX-Asia PETROCHINA Co Ltd, which bills itself as China's largest producer of crude oil and natural gas, has filed for
      Bloomberg,; Reuters,; AFX-Asia  -  502 words
    • Article, Illustration
      Lock icon Hoping for Li's fortune
      82 18 [HONGKONG] A policeman standing guard outside the Kwum Yum temple yesterday as thousands of people braved the cold and wet weather to queue up to receive "loans "in their prayers for goodfortune. Temples across Hongkong drew crowds overnight but this particular temple attracts more worshippers because
      AFP  -  82 words
    • Article
      Lock icon China renews purge of fund-raising trusts
      266 18 BEIJING Hainan firm shot down, several more set to be dosed FT CHINA has shut down an international trust Firm on the southern island province of Hainan and is set to close several more, signalling a renewed effort to clean up the operations of
      FT  -  266 words
    • Article
      Lock icon China's largest computer maker to raise HK$1.65b
      81 18 HONGKONG Reuters LEGEND Holdings Ltd said yesterday that its major shareholder will sell 85 million existing shares to institutional investors and subscribe 50 million new shares from the company, both at HK533.75 per share. Legend said the exercise will raise about HK$l.65 bil-
      Reuters  -  81 words
    • SINO Briefs
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        Lock icon Glitches stall China IPO system
        67 18 Reuters [SHANGHAI] China has delayed the introduction of a new system for initial public offerings (IPOs) because some brokerages have computer software problems, Shanghai stock exchange officials said yesterday. The system, which will allow investors to subscribe for new offers based on their holdings in
        Reuters  -  67 words
      • Article
        Lock icon HK to set up GEM index soon
        98 18 Reuters [HONGKONG] The Stock Exchange of Hongkong will set up a price index for Growth Enterprise Market (GEM) stocks as soon as the number of companie* listed on the new board grows to 15, a Hongkong newspaper said yesterday. The Hong Kong Standard
        Reuters  -  98 words
      • Article
        Lock icon Peregrine creditors to get first dividend
        79 18 AFP [HONGKONG] Unsecured creditors of collapsed Peregrine Investments Holdings Ltd will receive a first interim dividend of 7.5 Hongkong cents, the liquidators erf the firm said yesterday. Liquidator PricewaterhouseCoopers said the total amount of cash that will be paid to some 210 Peregrine unsecured
        AFP  -  79 words
      • Article
        Lock icon Taiwan okays small-cap listing rules
        87 18 AFP [TAIPEI] Taiwan's Securities and Futures Commission said yesterday it had approved regulations for listing small-capital companies on the second board of the over-the-counter (OTC) market. The commission yesterday started taking applications from companies seeking to list their shares on the Taiwan Innovative Growing Entrepreneurs
        AFP  -  87 words
      • Article
        Lock icon Over 800 in China smuggling ring: report
        97 18 AFP [HONGKONG] More than 800 officials have so £eu: been linked to China's biggest-ever smuggling scandal as the investigation nears its end, it was reported yesterday. The 800 have been probed in a top level anti-corruption investigation from Beijing over the 80 billion
        AFP  -  97 words
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      1935 18 EES GES International Limited Proforma Half Year Financial Statement And Dividend Announcement Half-year financial statement on consolidated results for the six months ended 31st December 1999. These figures have not been audited. Group Company Half year endecf half Change Half year endeS Previous half ""Change 31/12/1999 year ended 31/12/1999 year
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  • INDIAN budget: reactions
    • Article
      Lock icon Just some tinkering
      704 19  -  P.OMMENTARYI When it comes to the crunch, political compromise and symbolism seem to have won the day vikram khanna After the big build-up about India's millennium year Budget, all that the country's finance minister, Yashwant Sinha, could come up with in the end was some tinkering at
      704 words
    • Article
      Lock icon Indian hardware makers rise on cut in import duty
      451 19 BOMBAY Bnt proposed vehicle excise doty hike hits auto stocks Reuters AFX-Asia SHARES of computer peripherals and hardware makers rose in yesterday's trade following the reduction in basic customs duty on key inputs announced in the federal Budget for 2000/01. But
      Reuters; AFX-Asia  -  451 words
    • Article
      Lock icon Industrialists find few excuses to praise govt
      584 19  -  Many were hoping for harsh Budgets to fight rising deficit From, Rajendra Bajpai in New Delhi INDIAN Finance Minister Yashwant Sinha, who had promised a "harsh" Budget, presented one on Tuesday that lacked teeth to bite the bullet. Even Indian industrialists, who usually
      584 words
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      105 19 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including •British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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      145 19 ■ten you rent a car from SINTAT 1A counter your car will be iting for you outside the Arrival 11. On your return to KLIA tase call SINTAT counter, 15 to minutes in advance and your r will be collected from you tside the departure gate. After eck-in, please proceed
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      249 19 A N LECTURE I I DisT NGU SH ed Inaugural Speaker I Hon. Fidel V. Ramos I -mm. Former President of the Philippines I ASEAN's Economic Prospects I I and I I Political Landscape I I in the 21st Century I LOCATION MAP CHAIRPERSON H Mr David T E Lim
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  • WORLD news
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      Lock icon Double blow for Murdoch's Asian expansion plans
      538 20 LONDON His Star TV chief quits on the same day the battle for HKT was lost FT RUPERT Murdoch's ambition to build an entertainment empire in Asia suffered a double blow on Tuesday when the head of his Star TV business resigned on
      FT  -  538 words
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      Lock icon News Corp hits record high on talk of alliances, share sale
      265 20 SYDNEY Bloomberg NEWS Corp shares surged to a record yesterday on expectations the company may sign an agreement with Yahoo! Inc, the world's largest Internet search company, sell shares in its satellite assets, and cement an alliance with Singapore
      Bloomberg  -  265 words
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      Lock icon Clinton not ruling out tapping oil reserve
      426 20 WASHINGTON Move may be taken if other options fail to cut petrol prices AP, Reuters PRESIDENT Bill Clinton said on Tuesday that he may tap the nation's supply of emergency oil if other options fail to reduce prices. "I have not taken the
      AP,; Reuters; AFP  -  426 words
    • Article, Illustration
      Lock icon Top IMF job: EU vows support for Koch-Weser
      365 20  -  Decision comes despite US opposition to candidate's nomination From Shada Islam in Brussels THE European Union has promised to put Germany's Caio Koch-Weser into the top job at the International Monetary Fund, despite opposition from the United States. "The EU will use
      365 words
    • Article
      Lock icon Japan firms write off billions to cover pension fund shortfalls
      506 20 TOKYO Move reflects new accounting rule requiring them to disclose underfonding of obligations for retirement allowances Reuters MAJOR Japanese companies are writing off billions of yen to cover shortages in their pension and retirement funds as they brace for an
      Reuters  -  506 words
    • Article
      Lock icon Korea surprises with 10.2% GDP growth
      276 21 SEOUL AFP SOUTH Korea's economy grew by a higher-than-expec-ted 10.2 per cent last year following a 5.8 per cent contraction in 1998, President Kim Dae Jung said yesterday. "Our economy, which registered a minus 5.8 per cent growth in 1998, achieved a 10.2 per
      AFP  -  276 words
    • WORLD Watch
      • Article
        Lock icon US producers'index up for 13th month
        132 21 Reuters [NEWYORK] US manufacturing activity grew for the thirteenth straight month in February, and the pace of expansion was slightly Caster than in the previous month, the National Association of Purchasing Management (NAPM) said yesterday. The NAPM's Purchasing Manager's Index (PMD, a gauge of
        Reuters  -  132 words
      • Article
        Lock icon Japan faces new financial scandal
        142 21 Reuters [TOKYO] Signs of a new scandal possibly involving foreign banks in Japan emerged yesterday with reports the top financial watchdog may be ready to act against five Deutsche Bank AG affiliates. The Financial Supervisory Agency (FSA) plans to order the five affiliates operating in
        Reuters  -  142 words
      • Article
        Lock icon Motorola plans 3-for-1 stock split
        137 21 Bloomberg [SCHAUMBURG, Illinois] Motorola Inc, the world's second-largest maker of cellular phones, said it plans to split its stock 3-for-l, its first split since 1994, after its share price more than doubled in the past year. The shares yesterday surged 12, or 7.6 per cent,
        Bloomberg  -  137 words
      • Article
        Lock icon DaimlerChrysler denies Fiat venture
        134 21 AFP (MILAN, Italy] German car giant DaimlerChrysler has offered Fiat of Italy a 13 per cent stake in a joint auto company in exchange for Fiat's car division, the newspaper La Repubblica reported yesterday. The report quoted sources close to the talks but a DaimlerChrysler executive
        AFP  -  134 words
    • Article
      Lock icon Foreign investments surging into Japan
      630 21  -  Handover of LTCB seen as the precursor as FDI in HI 1999 comes np to USSllb, more than the whole of 1998 Froml Anthony Rowley in Tokyo FOREIGN direct investment into Japan is surging and in the first half of last year the amount exceeded
      630 words
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      Lock icon German bourse serves pull-out warning
      411 21 LONDON It is set to quit alliance of European exchanges this year FT EUROPE'S ailing alliance of stock exchanges is heading for crisis as Deutsche Borse, one of its most influential members, gave the strongest hint yet that it was ready to pull out. Werner
      FT  -  411 words
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      Lock icon Outgoing Sara Lee CEO puts success down to attitude
      491 21 PEOPLE [CHICAGO] Want to know the secret to lasting 25 years as chief executive officer of a major corporation? For John Bryan, who plans to step down as CEO of consumer products giant Sara Lee Corp this July after 25 years,
      491 words
    • Article
      Lock icon Sogo shares dive 9% on news report
      121 21 TOKYO Bloomberg SOGO Co shares fell 8.9 per cent or 8 yen to 82 after a newspaper said the financially troubled Japanese department store operator will move out of its flagship Osaka store. Sogo will sell the store to help pay down 1.7
      Bloomberg  -  121 words
    • Article, Illustration
      Lock icon Bush regains lead against McCain in 3 primaries
      629 21  -  Bat McCain still popular among general voters poll From] Leon Hadar in Washington TEXAS Governor George W Bush re-established himself as the Republican party's front-runner in the US presidential race after dealing a major defeat to his rival, Senator John McCain, in
      AP  -  629 words
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      1145 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE TO CREDfTORS AND coNnoauromES or intention TO APPLY FOR RELEASE ASIA SAWMJU. COMPANY PRIVATE LIMITED COMPANIES WINDING UP NO. 2SO Of 1998 (2) HIMATSING TRADING CO. (PTE} LTD COMPANIES WINDING UP NO. 100 Of 1999 (3) HUGE CORPORATION
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      310 20 In the Matter of The Companies ActCaj). 50 In the Matter of PICAS CONSULTANCY PTE LTD (In Member! Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 17 Tuas Ave 20, Singapore *****8 on Monday, the 28th day of February, 2000 at 10
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      232 21 i M I f < fl I rHF* ;Hil i I i m 1 11 111 I.■ J I I II r Hp 9 i Satisfied More A «ustpmers l*he old order changeth and so does So, whether your industry is Banking, technology, no matter what business Finance, Insurance, Pharmaceuticals,
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  • FINANCE & commodities
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      Lock icon Lacklustre day for futures market
      212 22  -  SOX Derivatives Tnflto&Reports MSfff fflngapftna Tmtor Daphne Toy Jardine Fleming THE Singapore stock market finished weaker yesterday, dragged lower by banks and property issues following news of hikes in development charges for residential and commercial land by 27 and 11 per cent respectively, with immediate
      212 words
    • Article
      Lock icon Futures rise by 2.6% to 435.7
      148 22  -  BCS& Taiwan futures Matthew Den Bleyker Refco Singapore THE Taiwan Stock Exchange Weighted Price Index surged 253.16 or 2.7 per cent to 9,689.10 yesterday as the share prices of Taiwan memory chip companies rose after prices for DRAM increased around 3 per cent. SGX
      148 words
    • Article
      Lock icon Oil storms to new 9-year high
      309 22 ENERGY REPORT Reuters [LONDON] World oU markets stormed to new nine-year highs yesterday despite news that producer powers Saudi Arabia, Venezuela and Mexico are set to propose that cartel Organisation of Petroleum Exporting Countries (Opec) releases more output. US Nymex crude oil for April
      Reuters  -  309 words
    • Article
      Lock icon CURRENCY REPORT
      322 22 Bloomberg Reuters, London THE euro held firm against the US dollar in early trading yesterday amid euro-zone rate hike speculation. However, it weakened against the yen amid a rally in Japanese stocks and fund repatriation. The euro held Asian gains against the US dollar after strong euro zone
      Bloomberg; Reuters,  -  322 words
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      Lock icon Untitled
      1208 22 DfTBEBAWK CEOSS EATBS Marl AS B W to FIT p« MB HfcNmit Y- Urn IX Hu s$ twd Sfr NT$ 8att N— USS Australia 0J8I 6.178 0.627 4.114 1227 4.718 26.435 ***** 0.661 6.839 2.304 1251 3L427 24J5Q 1044 1846 1007 "I 2im AWH Canada 1135 5.711 0.712 4.669 1392
      1,208 words
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      1667 22 SICOM FUTURES Marl MMEKMinscMmttfSJOia) BSS1 C0WT1ACT(S ctntsAfl) Qm ttfm 0p« Mont* M£ tow W> (lawn) Miami Apr 00 ***** 200 ftSy 00 125,00 121.25 122J8 990 50 JwOO 8150 JatfSapOO OMO KS3C0«mCTCUSu**H> VoftMt OpW Mont* Mpfe horn S«tt (to—i) Mw> Apr 00 7150 TWO 555 2570 2065 May 00 70.50
      1,667 words
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  • STOCKS east asia
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      Lock icon HKT fall drags down Hang Seng
      2435 23 HONGKONG AFP CI Hang Seng -325.86 HONGKONG share prices slumped 1.9 per cent yesterday led by declines in Cable and Wireless HKT following its merger with Internet firm Pacific Century CyberWorks, dealers said. "The fall is expected after the merger" announced on Tuesday, said
      AFP  -  2,435 words
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      Lock icon CHINA
      823 23 Reuters n— >Mg +m SHENZHEN'S hard currency B shares closed slightly higher yesterday due to retail buying triggered by expectations of market-boosting measures from the government. The B Share Index rose 0.61 of a point, or 0.71 per cent, to 86.77 as turnover fell to HKSS3.3 million from HKI6&3
      Reuters  -  823 words
    • Article
      Lock icon TAIPEI
      334 23 AFP QTP Max +253J1 TAIWANESE shares leapt 2.7 per cent as government support restored investors' confidence ahead of presidential elections this month, dealers said. The Taiwan Stock Exchange Weighted Price Index rallied 253.16 points to 9,689.10, on turnover of NT1132.14 billion. Gainers yesterday led losers 542 to 38, with
      AFP  -  334 words
    • Article
      Lock icon Nikkei passes 20,000-point mark
      1649 23 TOKYO AFP QMkUZB ♦mn TOKYO share prices surpassed the crucial 20,000-point mark yesterday after a new record high by the tech-laden Nasdaq composite in the United States, brokers said. The key Nikkei 22S Index rose 122.15 points, or 0.6 per cent, to close at 20,061.67. The
      AFP  -  1,649 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8288 24 2000 Last Day MM Cm MH> law ClIMf «1i 1000 H>»l L— P/t >— 420 310 Ajtnomoto 378 2 4 382 370 24.0 19X2 H8 91 AngUu 121 inch 2*4 132 120 17*4 452 290 ApoBoFoodH* 428 8 28 444 422 1X2 170.4 2975 2700 8ATS0C 2800 unch 2229 2X5
      8,288 words
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      Lock icon Weak regional sentiment depresses KLCI
      361 24 AFP P Composite Index -1128 MALAYSIAN shares ended 1.3 per cent lower yesterday as continued selling prompted by weak regional sentiment reversed earlier gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index feU 12.28 points to finish at 969.96, off the day's high of
      AFP  -  361 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3070 25 BOHDS& WARRANTS m Ms Html I2M (art *1 Mf 11 i' hM M Car S5l law aw j Ml «ar CM M law Mr Mr Mm MM Mb Ma WW Mfctf U* 104 TL5 s 3160 *Acaf******1 US$ 44 unch 128 44 «o m «S 16 80 16 3164 Acma
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      Lock icon BANGKOK
      742 25 AFP PSETMg -2.71 THAI stocks tumbled 0.7 per cent yesterday, extending a miserable run that has seen foreign investors checking out of the market in droves. The benchmark Stock Exchange of Thailand (SET) Index edged down 2.76 points to 371.56 while the select SET 50 dipped 0.24 points to
      AFP  -  742 words
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      Lock icon MANILA
      242 25 AFP HampoßteMg +im PHILIPPINE share prices rose 0.7 per cent yesterday. The Philippine Stock Exchange Composite Index rose 12.01 points to 1,653.95. Turnover fell to 3.75 billion shares worth 1.53 billion pesos from 6.8 billion shares worth 2.2 billion pesos on Tuesday.—AFP Marl Hm fWW KUC AMad 0j60 0.01
      AFP  -  242 words
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      Lock icon JAKARTA
      641 25 AFP Q Composite Infcx -ILO6 INDONESIAN share prices closed 1.9 per cent lower as foreign funds continued to reduce their weightings in Indonesia in favour of north-eastern Asian technology stocks, dealers said. The Jakarta Stock Exchange's Composite Index closed down 11.06 points at 565.48 with 643.9 million shares worth
      AFP  -  641 words
    • Article
      Lock icon WELLINGTON
      258 25 AFP +10J6 NEW Zealand's NZSE-40 Stock Index clawed back above the 2,000-point mark yesterday, closing up 0.5 per cent, dealers said. The NZSE-40 Capital Index rose 10.65 points to close at 2,007.21, with total market turnover worth NZ$B6.lO million.—AFP —i row Advantaga MOS 4.60 -0 JO 4 22 Air
      AFP  -  258 words
    • Article
      Lock icon SYDNEY
      572 25 Reuters PADOrtliMriw A BOND driven rally in big banks and a short squeeze in News Corp hoisted the Australian share market to record high levels yesterday. The benchmark All Ordinaries Index leapt 56.9 points or 1.81 per cent to a record close at 3,192.6. Total market turnover was Asl.s
      Reuters  -  572 words
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      167 25 Daniel Jeanßichard ttk Commemorative stamp (1941) A large version of Daniel Jeanßichard's flagship TV SCREEN model, paying homage to Daniel the LARGE TV SCREEN automatic chronograph houses a 51-ruby p Jeanßichard, a celebrated DJR 25 n'A'" movement with a frequency of 28,800 v/h. Water-resistant f ft« watchmaker known as the
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  • Article
    Lock icon STOCKS sgx
    8428 26 SGX MAXNBOARD Transaction date: Mar 1 Or Or M «t U-WI Last Val Day Last <*-*• D'v 0* Yld Nat Cap A*g Win U« Win Cimpany M« room wmi L—> Buyar 8—ar CV P/t HUL1HNDUSHY 7* VV 182 69 me 1000 AcimSOc 132 "6 543 137 131 130
    8,428 words
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      28 26 Iv l I Hh e astest growing trading room supplier. 1 ifr Whatever your requirement, we can help and support achieve your needs. HRbk. Singapore *****1 E-mail: apresQpacific.net.sg
      28 words
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      252 27 Where to wine, dine and entertain...™ -Offering the lowest interest rate in town 4545 Enjoy our ever-popular Japanese favourites for lunch and in the evening, tuck in to a wide selection of Japanese, Asian and Western dishes like Sashimi, Drunken Chicken and Roast Sirloin Beef. Japanese Buffet Lunch (14 Feb
      252 words
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      55 27 -V v 1 Q Q,p 1 HOTEL QRAND CENTRAL UNITED 22 Orchard Hoad/C«venagh Road, Singapore *****7 Tot: 737 M 44 Ext 40Q/02 Fttc 733 3175 ■over the others. Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers daily. Contact Patrick Ang 740 1284 or
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      2 27 K| M
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      41 27 JTHm 5555? Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays JOD noon to 2.30pm (last order) Price: $28+++ Viz Revolving Reservations: *****58/88 —55— Mcl/ukirin ||j Sou/aporr 333 Orchard Road, Singapore *****7. Tel: *****11
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      836 27 I f i\H iflnTTffaW^ Central 6 30 The Pyramid Game. 6.00 See Fri's schedules. 7.00 Some Call It Sports. o/w» i/;hc rontroi TV 7 The Ride Home. 7.30 Sailing: America's Cup 8.00 AM Kids Central. TV &00 Growlng Up Ml OM Pi n° V Thp" S Ann 1 pseed 9
      836 words
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 2
      273 27 CR7PTIC CROSSWORD ACROSS 4 The British TT? (6,4) 1 Legally seize goods the under- 6 farter —an irregular anrangeworld transport (8) ent 5 The way men ran new ongants- 7 a supporter usually ation (6) (8 > 9 May well be smartly dressed 8 JJesiAng when infirm where when it's
      273 words
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  • MOTORING page
    • Article, Illustration
      Lock icon C&C upbeat on Kia business
      764 28  -  Profitability seen from the word go, but flipside is that Kia may compete with group's other brands By Christopher Tan [SINGAPORE] CYCLE Carriage's new Kia franchise is expected to be profitable from the word go, but it could also eat into sales of other brands
      764 words
    • Article, Illustration
      Lock icon Ready to buy a car online?
      677 28 One person Just did, bat it's unlikely to replace a trip to the showroom for most LAST week, someone in Singapore bought a car on the Net a Mitsubishi Lancer, which, at $73,000, could well have been a branded sports car in America. The
      677 words
    • Article
      Lock icon Speed.com to add auction site to portal soon
      352 28  -  All reports bj Christopher Tan [SINGAPORE] Singapore's pioneer online car mart Speed.com is adding an auction facility to its portal "very soon". According to its managing director Yeo Nai Meng, the auction will allow "B to C (business to consumer) transactions, as
      352 words
    • BUMPER to BUMPER
      • Article
        Lock icon C&C Bintang talking to DaimlerChrysler
        92 28 CYCLE Carriage says its 48 per cent-owned associate Cycle Carriage Bintang has begun "preliminary discussions" with DaimlerChrysler concerning the German group's interest in the Mercedes-Benz wholesale business in Malaysia. Senior Cycle A Carriage executives expect Daimler-Chrysler's participation to fall within the current boundaries governing foreign
        92 words
      • Article
        Lock icon Piech accepts Quandts' stand on BMW
        133 28 VOLKSWAGEN chief Ferdinand piech h** tulfci with the Quandt family which owns 50 per cent of BMW and is convinced the family does not want to sdL In an interview with German dally Die Welt last week, Mr Piech said: "In my talks with
        133 words
      • Article, Illustration
        Lock icon Opel's Agila being made in Poland
        66 28 GENERAL Motorsowned Opel has started building a new city car it co-developed with Suzuki in Poland. Named AgQa (pictured above), the "mfcrovan" comes with a one or 1.2-litre engine, and will go on sale from May. Suzuki, meanwhile, will build its awn version of
        66 words
      • Article
        Lock icon Two new Opel MPVs at Geneva show
        85 28 OPEL is showcasing two interesting MPV concepts at the ongoing Geneva Motor Show. There is a ftt&eell Zaflra that operates on pure hydrogen. The flve-seattu has a top speed of 140kmh and a range of around 400 km. Then there is the ZaflraSnowtrekker,
        85 words
      • Article, Illustration
        Lock icon New Ferrari convertible here soon
        58 28 FERRARI'S new convertible, the 960 Spider, will be available here some time In the second half of the year. Featuring a fully automatic canopy that folds neatly away, it is expected to be priced around $880,000 for the irmwr«l and yrMnnftferfea )?1 »ntn car has
        58 words
      • Article
        Lock icon THINK electric car hits the road
        71 28 FORD'S THINK electric city car Ins started cruising)# streetiofNorway.wbereitismatie.'ruily-owned.TftlNT Group started making the two-seater last November at 4 factory 60km outside Oslo, making tt the coimtry'ajM* mass-produced car The TH?NK car is powseed by a liquid-cooled three-phase alternating current-induction motor. It cruises at a
        71 words
      • Article
        Lock icon New Transitlink bus/MRT guide cut
        70 28  -  Christopher Tan TRANSFTLDfK's first guide for this year went on sale fh>m Tuesday. It carries more than4oo pages of puhbc transput information, including bus route details, MRT system map, fore and travel time charts, and others, ft also has maps of five more new paifc-andHride
        70 words
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      36 28 i V i > *4 v Find out on tho RSI Hour. Mondays to Fridays, from 8 pm to 9 pm, on Newsßadlo 93.8FM or log on to rsl.com.sg it i j 1 Radio Singapore International 1
      36 words
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Private home sales surge
      713 29  -  DTZ study also finds S'pore buyers form smaller proportion in '99 sales, private home owners overtake HDB upgraders in buying force. LILIAN ANG reports LILIAN ANG PRIVATE housing sales soared last year with the number of caveats lodged up a sharp 93 per cent to 20,132
      Source: SISV ReaLink, DTZ Datastream The Lang Research  -  713 words
    • Article
      Lock icon Higher prices hit Q4 demand
      424 29 RISING prices contributed to a sharp dip in demand for private housing in the last quarter of 1999, with volume tumbling 38 per cent from Q3 99 to 2,719 caveats. The drop was drastic when compared to the same quarter in 1998 last year's Q4
      424 words
    • UK PROPERTY
      • Article, Illustration
        Lock icon Looking to UK
        576 30  -  The UK property sector saw £89m investments from Asia in '99, one-third more than in '98. But Asian investors contributed just 3% of total foreign investments. MARISSA CHEW outlines more findings from DTZ report MARISSA CHEW LURED by a buoyant property market, Asian investors last year sank
        Source: DTZ Research  -  576 words
    • PROPERTY COMMENT
      • Article
        Lock icon The real estate sector and the New Economy
        1249 31  -  Developers will have to re-thlnk ways of doing business, says YU LAX BOON YU LAI BOON The writer is director and head of research for South Asia at Jones Lang LaSalle HOW will the real estate market evolve in the increasingly virtual
        1,249 words
      • Article
        Lock icon New homes for sale
        192 31 CT JSSur 7% f T.TT'J.'T Mi 1 River Place FEO 3 Havelock Rd 678-3,229 509 351 950 99-yr Avalon PidemcoLand 9 Anderson Rd 958-4,241 82 48 1,620 FH Kasturlna Lodge Gold Bull Hldgs 9 Kay Poh Rd 753-1,044 60 22 1,025 FH The Montana Koh Brothers
        192 words
    • RESIDENTIAL PROPERTY
      • Article, Illustration
        Lock icon HK, Bombay top apartment rentals list
        573 32  -  I-iri exclusive An expat pays US$B,7OO monthly rent for a three-bedroom apartment in HK while S'pore is more affordable at U552,900. oabol bno finds out more CAROL ENG AN expatriate renting a prime apartment in Hongkong will be paying three times more than his
        Source: JLL  -  573 words
      • Article, Illustration
        Lock icon Wall-less concept for new homes
        314 32  -  Byi Andrea Tan FOUND a property in the right location and at right price but with a less than perfect layout? Construction firm Lum Chang Holdings' new "wall-less" concept may put an end to the frustration involved in adapting to a planned layout. Lum Chang's
        314 words
    • BY DESIGN
      • Article, Illustration
        Lock icon German flair
        393 33  -  The Germans are attracting attention at the International Furniture Fair with their classic pieces as well more avant garde designs. CORINNE KERK reports CORINNE KERK IF there's one group of furniture exhibitors you must see at the International Furniture Fair now on at the Singapore Expo, it is
        393 words
      • Article
        Lock icon Highlights
        203 33 Foyer 1, Level 1 IMA A AAAM JL MMk aMAJHiAJk roaii/r9s ns&Bn Tumnufß wmcnmamm modem-day innovation with traditional cultural designs. Furn»ur»fTBhoiwf 3sjj| KW3, Booth 3A-SZ .TpPPWI ukr MHVw f# liMTmufO tOGaWtutU^ffand how IT can be used as a strategic resource. Also a debut feature on how furniture industry ptayen
        203 words
    • HOUSEHUNT
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      139 29 FOR DISTINCTIVE C GRANITE MARBLE DESIGNS, "Ml l COME TO JIP HENG TODAY SEE MORE THAN 50 CLASSIC CONTEMPORARY STYLES AT OUR SHOWROOM Henij BinldiiHf M.iN'iuh of (.'implement foi vow 1 1011 it; ,111(1 offii.e spin e Customised til le.idv nude /on < ,111 v|"xm t .hi iniMii|uv.rd st.ind.ud of
      139 words
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      647 30 I AUSTRALIAN WATERFRONT RANCH I North Coast of New South Wales, Grafton area. I I 11,000 ACRES I I 12 Kims River Frontage I I 7 Million Large Homestead I I 3 Homes Improvements I "Gordon Brook Station" is recognised as one v jf*"* of the largest and one the
      647 words
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      Lock icon Page 30 Advertisements Column 2
      154 30 13 Twfi? A P ar tments at Southbank I Mtlbourna Australia I i^tjJ^rrTT 4Sm o p rpc kl uzm fiKil fil »M iav« are available from many apartments including your choice of city skyline, new Docklands, Yarra River, A 5189,000 bay and ocean. 1 BEDROOM (64-OSQF) are included in purchase
      154 words
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      20 31 Create a romantic holiday for you and your loved one through The Straits Times Classified. n Buy*. &dth Find It
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      73 31 FREEHOLD INDUSTRIAL BUILDING FOR SALE Address: 100 Lorong 23 Geylang Description: A 9-storey light industrial building Land area: Apprw 1,740.6 sqm (18.736 sq ft) Gross Floor Area: Approx 4,396.7 sqm (47,326 sq It) Remarks: 3 minutes' wal< to AJjunied MRT Station For further enquiries, please contact Sol* Marketing Agent Industrial
      73 words
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      Lock icon Page 31 Advertisements Column 3
      324 31 Am ana Refrigerator Freezers SXDS22VECNT 22 cu ft 620 litres Built-in, Side-by-side Ice'N Water™ Dispensing, Refrigerator, Black with Stainless Steel door wraps and Solid Stainless Steel handles IP Tj| I HI II m mm *9 /J XI» l ,ff i Lii«BM@Pi-iiiint-r;iii»=iilgigsa3siE— 140 Paya Lebar Road *04-06 A-Z Building Singapore *****5
      324 words
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      65 32 ti'lil'imM" 1 II Ilml a— iMWWBBBWBWBWBWWBWWWHWMBWM jPj^, •nißf.M wttMall l- niMlaVin v■* t,*it"", Vf^^?^At'fti l^.'< l I I mmmmm More people are reading. According to an independent survey, readership of Singapore's daily newspapers increased in over the previous year. By 5 in total readership tor the Cnt'ish ano Chinese dailies,
      65 words
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      49 33 n i v ■> I i*, I i i' I £*'>v- r**t't,- ''Vv* liiTftYOif ft'l< More people ;?e reading. **•;.;::r Holdings rar. By sin total readership for the and Chinese dailies, and 6.8 >.. for the Malay daily. Proving that Singaporeans still rely on their newspapers. Now more than ever.
      49 words
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      704 34 H I INTERNET WORLD ASIA Exhibition Highlight*; Keynote Addresses INTERNET WORLD FASHION I I IS) CIMAADHDC 9AAA iMernet Ministerial Address SHOW FIRST OF ITS KIND I I wINUArUnt aUUU exhibition provides you with an oZZLtTcEO a/kroute HoMnfi The Brave New Unwired World I I unprecedented Internet Business Week Advanced Manufacturing
      704 words
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      118 35 Pay FIXED INTEREST RATE from date HBffii °f f" rs please NOT date of letter of offer llmiiilfi] t Sm ft lor housing loans without hidden conditions, call us —we have been financing homes since I L )5() CDC "7 1 st Year-i.75% p.a. (fixed) 2nd Year 4.75% p.a. (fixed)
      118 words
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      173 36 1 ML .1. ®fe jfe €r TlPsw» v ••v-...' Citibank Home Saver. I Ff©© yourself J from your home loan. M^mjk Home Saver w Why spend your whole life paying off your home loan? Introducing the new and innovative Citibank Home Saver. It'll change the way you look at home
      173 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      277 37 Bridge News, Reuters VERY steady conditions persisted in the Pacific, Middle East and South African sectors of the dry cargo freight market for capesizes and panamaxes. Although capesizes were also in good demand in the north Atlantic, panamax trading remained relatively dull in this region. Brokers expect stronger
      Bridge News,; Reuters  -  277 words
    • Article
      Lock icon MARITIME STOCKS
      247 37 Mrt n *f- w CWT Distribution 1.08 -0.03 JO CftuanHMp— 0.40 unch 5M9 Cosco tnvMtmont—021 -041 140 rr«wuiK__—OLIO -0.02 Mt GSHoMtogt 0.76 -041 9 MSWHIC 0.73 0.01 >59 IMC HoMngt-HK —5.60 UN* 0 JiyiHoMngi 0.21 -041 SS3 KopprtC IN unch 2835 KoppolTCLS 1.09 -0.02 107 IUMMMvIM 142 0-09
      247 words
    • Article
      Lock icon Ship missing off Thailand, likely to be hijacked
      464 37 Tanker carrying palm oil with 17 crew aboard; US$lOO,OOO reward offered AFP [KUALA LUMPUR] A tanker carrying palm oil which has gone missing off Thailand with a crew of 17 has probably been hijacked and a reward of up to US$lOO,OOO (S$170,000)
      AFP  -  464 words
    • Article, Illustration
      Lock icon All ready to sail
      45 37 [WARNEMUENDE, Germany] A container ship with a length 0f278 metres floats out of the dock at the Kvaerner Warnow shipyard in Rostock- Warnemuende, eastern Germany. The vessel is the second of three ordered by the British-Dutch shipping company P&O Nedlloyd. AP
      AP  -  45 words
    • Article
      Lock icon Royal Caribbean awards Kvaerner US$1.1b order
      386 37 Bloomberg [MIAMI] Royal Caribbean Cruises Ltd, the world's secondlargest cruise operator, signed a letter of intent for two ships to be built for US$l.l billion (551.87 billion) at Kvaerner ASA's Masa shipyard in Finland. The two ships, to be delivered in 2002 and 2003,
      Bloomberg  -  386 words
    • Article
      Lock icon OOCL eyeing Port Klang as its shipping hub
      415 37 M'sian port has world-class infrastructure, says managing director Bernama [PUTRAJAYA] Orient Overseas Container Line (OOCL), a Hongkong-based global container transportation company, is keen to make Port Klang one of its transportation hubs, said OCCL (Asia Pacific) Ltd's managing director, Jim Poon. "Port
      Bernama  -  415 words
    • Article
      Lock icon Japanese high-speed ferry on maiden voyage
      151 37 Reuters [TOKYO] A high-speed Japanese ferry left Japan on Tuesday on its maiden voyage to Shanghai, which it is expected to reach in half the time of a conventional vessel. The Techno Super Liner, jointly developed by Japan's Transport Ministry and shipbuilding industry, is
      Reuters  -  151 words
    • CRUISE industry
      • Article, Illustration
        Lock icon Growing fleet weighs on fares
        1015 38 Analysts wonder whether there are enough passengers to fill the 14 new ships debuting this year The Los Angeles Times GOOD news, vacationers! Cruise stocks tumbling! Or, to put it more soberly, cruise industry analysts are starting to wonder whether there are enough passengers to
        The Los Angeles Times; FILE PHOTO  -  1,015 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      185 38 PACE Oeknas 4 ACL 6 DjUUord 1 ANl 3 Dongnama 3 Accord B "I 4 Appmsfup 5 ECU Line 6 Austral 8 Ewgrew 6 BaUfiShpg 5 FoongSun 8 BSA 7 C Link 4 B'tangMas 8 Gemartrans 6 CCNJ 7 Hanqli 7 CMA 8 H«n)in 3 COSCO 5
      185 words
    • Article
      Lock icon SHIPPING GUIDE
      14127 45 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnxl Voyaga Taiaphona ETA ETA Advartlsar Vassal Voyaga Tataphona SIN Dast'n Nam Nam* Winter Numbar SIN Dast'n Nam Nama MaWar Numtar IMHHHHMMnMHMMMHNMMMMMNMHMmMMi HHnHHMHMHBBMMMHBBnMHMBW To ABU DHABI (AUH) 2004 U. A. Emirates To CALCUTTA (CCU) 2062 India 12/03 23/03 UASC AL FARAHIDI C074W
      14,127 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        763 48 Vessal Voy No Bfth Arrival Departure ARamonte KMA JU 'jtt 01/03/205 04/03/4.00 Nidrtay 01/00 JK 01/03/6:40 03/03/4:30 M JatkM Sar ***** J01 01/03/8:40 01/03/1600 BtS Baroteft ***** M 01/03/8:45 01/03/14.00 Bt Ana Malta ***** JOI 01/03/8:50 01/03/2000 Rupat MVKk FE8-01 J03 01/03/5:40 01/03/2300 8t Kota Jaya ***** JOI
        763 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1866 48 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booklng/BoUnco Rstls Ship Voy No Etb/Btr Ptrkx) From To Fra AC1 U.T 0201 4/BOO 1A OVBOO OV165* OVnOO ovboo ovum ovnoo U OVTTOO 02/0659 01/0*00 a OVTTOO 02/065* 02/0*00 02/0700 02/TB* 02/1400 4 02/1200 02AW 02/1700 *niOTUS" 33 3/3:00 M
        1,866 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        205 48 Mvll Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Brunei: Hari Raya Aidiladha. Mat 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). Martß Taiwan: Market Holiday for Presidential Election. Mar 30 Japan: Vernal Equinox Day. Apr 3 Taiwan: Women Children's Day. Apr
        205 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        786 48 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 cm ted The Cockett Bunker Price Index change
        786 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        423 48 Carta* 160 Mm 992.2 0.9 16.9 0.08 66 0.05 Feb 24 Density Water HMm Ask Aluminum SHH No above £25 1 0 8 0 0 0 380 Ave 969.2 0J VU 0.07 43 0.03 Cm* 380 M«x 998.9 0.6 182 0.14 270 0.06 «W1 »«/>» mt
        423 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Boeing takes Airbus on in fight for long-haul aircraft
        726 49  -  US aircraft maker teams ap with GE to launch two new 8777 models By George Joseph [SINGAPORE] The fight for supremacy in the skies took a turn yesterday when US aircraft maker Boeing announced the launch of two new longer-range models
        REUTERS  -  726 words
      • Article
        Lock icon EU proposes deal to solve hushkit dispute with US
        502 49 Reuters [WASHINGTON] The European Union has offered to suspend a law that would bar many older US planes from congested European airports, as part of a proposed settlement to a trans-At-lantic dispute over aircraft noise, US officials said. Under the European
        Reuters  -  502 words
      • Article
        Lock icon US calls for airlines to inspect overseas partners
        363 49 Foreign carriers will be audited for safety and security Bloomberg [WASHINGTON] UAL Corp's United Airlines, AMR Corp's American Airlines and other US carriers will have to conduct safety inspections on their overseas alliance partners under federal guidelines issued yesterday. The US Department
        Bloomberg  -  363 words
      • Article
        Lock icon Canadian Airlines CEO resigns
        157 49 Bloomberg [CALGARY, Alberta] Canadian Airlines Corp said chief executive Kevin Benson quit, effective yesterday, as the carrier reported its fourthquarter loss widened to Csl6B million (*****.2 million). He will be replaced by chief operating officer Paul Brotto, who moved to Canadian a month ago from Air
        Bloomberg  -  157 words
      • Article
        Lock icon Merpati to resume flights to Dili
        183 49 AFP [DILI, East Timor) Indonesia's Merpati Nusantara Airlines will resume it flights linking Dili to Denpasar in Indonesia's resort island of Bali tomorrow, officials said here yesterday. "Merpati services would start again on Friday, from Dili to Denpasar with flights two times a week
        AFP  -  183 words
      • Article
        Lock icon Cathay may operate short-haul cargo fleet
        83 49 AFX-Asia [HONGKONG] Cathay Pacific Airways Ltd is reported to be considering establishing a short-haul freighter fleet for the Asian region, the South China Morning Post said. The paper was quoting an interview with Cathay Pacific's general manager for car- go, James Barrington, published in
        AFX-Asia  -  83 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1838 49 CITY FLIGHT ETA RIGHT CTD AMaMa BA7381 1930 BA7382 2050 S0803 WO C2352 0835 Of81 1930 0F82 2050 COP 204S SBI0« MB AN8229 2230 HmI YW74I 1310 VN740 MM LM300 2230 ¥****** 1925 ***** 2230 Haty* TG407 1545 TG408 1645 AiMttrdMi 5023 0650 GA974 0120 MI895
        1,838 words
    • LOGISTICS page
      • Article, Illustration
        Lock icon Change of name for S'pore forwarders body
        603 50  -  The local logistics industry has undergone many changes and the Singapore Freight Forwarders Association feels it is timely for the body to adopt a new name, reports ammtoh ANN TOH [SINGAPORE] THE Singapore Freight Forwarders Association (SFFA) is to change its name to
        603 words
      • Article
        Lock icon Cache-ing in on logistics: BHP unit signs up first client
        410 50  -  By Donald Urquhart (SINGAPORE) Taking advantage of Singapore's aim of becoming a regional logistics hub, BHP Logistics Services announced yesterday it has signed up its first client in the region following its recent establishment of a regional headquarters and Asia-Pa-cific
        410 words
      • Article, Illustration
        Lock icon New BDP venture aims for integrated e-commerce solutions
        427 50  -  By Donald Urquhart [SINGAPORE] BDP Asia Pacific Pte Ltd, the Asian arm of BDP International, a global logistics and supply chain management company, and Sesami.com Pte Ltd, a provider of end-to-end, business-to-business (B2B) e-commerce solutions, recently announced a strategic partnership. Under the
        FILE PHOTO  -  427 words
      • Article
        Lock icon TNT to launch system for fulfilling electronic orders
        163 50 [SINGAPORE] TNT has announced it will launch in the second half of the year a demand chain management system that will provide global fulfillment services for the business-to-business e-com-merce market. The intelligent order processing and sourcing system developed by TNT is being
        163 words
      • Article, Illustration
        Lock icon Danzas, Swisscargo in key account deal
        155 50 [SINGAPORE] Global logistics provider Danzas signed a key account agreement with the airfreight arm of the SAirGroup in Zurich recently. Both sides expect the joint-project to bring about an enhanced integration of logistics provider and carrier for the long term. Key account agreements, negotiated
        155 words
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      137 37 I I •t j*.. -< ilk <:■• 8 N r'.] i <- »fe ;i 7 if I lii he rjS- i I#! LOGISTICS PAGE S pore Freight Forwarders Association to change its name Cruise industry: Growing fleet weighs on fares Air Land Transport News Aircraft Schedule t v Together hc
      137 words
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      Lock icon Page 38 Advertisements Column 1
      179 38 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com SENLIM AGENCIES PTE. LTD. 133, Nm Bridga Road, #06-08, CNnatown Point A *****3 l Tat *****00
      179 words
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      Lock icon Page 38 Advertisements Column 2
      673 38 Lines services represented by Members of the Registry of Accredited Shipping Agents, S'pore Notional Shipping Assoc. Q ULY UNE MALE VESSEL VOY |HA Hu ETA P. KLAMG SPOtE MAII Princess Lily VO2OO 13/03 14/03 22/03 Empress Lily VO3OO 29/03 31/03 07/04 Princess Lily VO3OO 12/04 16/04 23/04 Empress Lily VO4OO
      673 words
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      Lock icon Page 38 Advertisements Column 3
      6 38 Members of the Singapore Logistics Association
      6 words
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      1078 39 SAX SERVICE (DIRECT) vesa wr wra uu oak j pai I hou |oo lea I mem in. wrc gWMM 02g 23/02 09/03 14/03 14/03 14/03 14/03 14/83 14/03 15/03 15/03 RWMBf 01M 01/03 16/03 1T703~ 21/03 21/03 1i75T~ 21/03 21/W ~Q75~ 22/03 iT 01« 01/03 23/03 QUIT 23/03 23/03 23/03
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      1701 39 @HANJIN SHIPPING jilk !p 1 ttetwynLw -SdK 2J202X mwjiw smiwno (S) rn up >■». mm* mmuv saus *****24 t» potman irmii v* (mums 232Q250-2si maim m m;oss m *****x1 ano iis34uoooom TO NW USA CANADA I USA CAHAPA* "rovvTvor u* UN imihau/voy sa TTW DO. m |CM msp I —w
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      195 39 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 CONSOLIDATION. WAREHOUSING. TRANSPORTATION, I household removal and car transporter LCL CONSOLIDATION SERVICE An iffiliale of Mitsui OSK Urns/Hal Sun Hup Group ftTfl—liaMaWllM pi-, destination ETA STORE 30 Boon Lay *****7 .<*}.J TOKYO/YOKOHAMA/NAOOYA/KO6E 06/03 12/03
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      1578 40 DSR-SENATOR LINES TO UK/CONTINENT TOMEDITERRANEANCANADA W»a VOT MM LBI HTM AMI HAM IWV FIX Vttsa VOY w on tPt FOS vie wrrß HANJW KEELIMG 0873W S3 03 21 03 77 03 23 03 24.13 27 03 CALIFORNIA KNATOA 0040W 02 03 1103 21 03 23 03 2t t3 02 04
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      791 40 *Aa MAC-NELS STORE M'SIA Chiton MM yOWTII P. QUDANQ: (07)*****26 I~IYV J QW MO> 1»UU47BOOdO« 8«U: (004) *****1 MAMLA: (632) *****24 PENANQ: (04) *****36 BANGKOK; (662) *****67 SURABAYA: (31) *****11 P. KELAWQ: (03) *****77 *****46 KUCHNQ (062) *****1-3 MANILA MV "WAN HAI 213" V. NOB 4 MV "LT AFRICA" V.
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      639 40 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMM) I'PONi N SHEVA COIOMSO PKLAN6 TULSIDAS V.121 05 MM 14 MAR II MAR »MAR CAPt CREUS VIO3W 12 MAR M MAR »MAR (1 APR CAPE CANAVERAL VI2VW II MAR 21 MAR 02 APR M APR TUIIIOAJ V.122 21 MAR MAPR 01 APR 15 APR
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      1700 41 [VESSEL VOY KHH HKO SIN PKQ PXB DMM BA bik IRAN SEEBTAN PCL-143 25/02 27/02 02/03 03/03 13/03 14/03 16/03 18/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/03 08/03 18/03 18/03 21/03 23/03 IRAN SATTARI PCL-146 08/03 10/03 14/03 18/03 28/03 28/03 28/03 30/03 IRAN BAAKERI PCL-146 16/03 17/03 21/03 22/03
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      993 41 J. FIR 3090 ACCSPTM9 CtO 1 »0 MUUR, lA9OS, TUU A I dlffHH MI K|M| I WM WMVWVI I ?ect*i^Sieiil*e < ««i™ mhoiinsohm til m iwo mi lumt outwmd«/u S&& [51 ss 5- Mi« a r^n EkSoome ovm «/n nS wm mas vm BVM *tc cms ASM m set ni/ni
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      574 41 EXPORT IMPORT TlAMSmdBt SMtVK* EXPORT -KMMEOiiianMßßtv aMßiiuT/sai-WHUi »irEBMKn/n IMPORT vissa voy si Igi oak *crmou<ooisro:i)s*wi» jg |-yj= ——=r= a ta_ otoNf 05.03 ;23/03 *27 orwbdb at*an» -JSr—™ HJ COKNHAGIN 0021 12/03 30/03 03/04 *«V(MUM, STUMVOMHISTOII HJ COIOMM 035W 14/02 ——17/ti UJ-wuLfifoM sft Q"» A/& WASHINGTON 0271 26.03 J3/SI32M KJ SANRANQSCO
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      1372 42 EUROPEAWSCAWDtmVWFINLAHD/HUSSI* SOP ROM ANW HBC THP ZEE LHV LHV THP ROM ANW HBG PKL I SGP E. DIAMOND RW-012 04rt3 ***** 29/03 25/03 27/03 ***** 29/03 E ROYAL RE-048 10/02 ***** 11/02 13/02 15/02 OMQ 06/03 E. DELUXE AW-014 11/03 ***** 054 M 01/04 034 M 04/04 064 M E.
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      994 42 ==TT7m~= ADVANCE CONTAINER LINES (PTE) LTD i*l -I TEL: 221*21, FAX: *****19. TELEX :RS ***** ACLPL FO« BOOKINGS PLIASC CALL: *****22 SAUS A MAKKfTING *****21 -21 OPERATIONS: 2212 MV *****06 CR NO. **********0E ■AHWMK JAKARTA■ (7 ni.nrtl.iH vwa voy sin mck vtssa voy mn I jkt KOTASW (PAT/LCHI KSEO37 2/3
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      402 42 SO TELOK ILANGAH ROAD #02-02 CITIPORT CBfTK tTO* M TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W vtssa vor nt etd Danwm mum «nen» nnam won OZOBMUM maam pwtwh* MMUKMK IASOOO OMB2M) IMQI2OBB PNiMMGftL MUM UMU MUMW 11WD MNJWMMPBBPONWOR For anquirlM and bookings plaasa contact BEASPACE
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      384 43 BSfl A. mm. MYANMA pHBk FIVE STAR LINE vT (Myanmar National Mho) Loading for Yongon (Rangoon) VESSEL VOY SIN KL PEN Nil HPA-AN 247W SLD SA6AM6 66W 22/03 MALAYSIA A6ENTS: OOUSTEAO SHIPPING AGENCIES KUL TH (03)*****00 PKk TEL (03)*****01 PEN: Ttt (04)*****02 PGlfc HI (07)*****21/4 BANK LINE (A Mfvict of
      384 words
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      1174 43 HYUNDAI MERCHANT MARINE CO., LTD. ytwn ~voT "mT "sou" ib< "ttm" ant "hmT un ~kT" vissa w sou ja_ JM_ JjjL *v w. HY COMMODORE 3J4W 07/03 20/03 25/03 22/03 23/03 JMVIR 55* 07/02 12/02 04/02 10/02 02/03 MM 532W 03/03 24/03 25/03 If/03 21/03 KX AGATE 5 !M5 5
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      658 43 wfrv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA CU RORO HUVYLIFT SBVKE" vfssli VOY RAMP HEIGHT SIN lUC I MAO NUA I SAV IML I ORf I NYC MW MM TALAIOT AHOO6 4001 MS 6.3 M 1W 10/04 11/04 21/04 23/04 25/04 24/04 21/64 M/U 64/ M TAMPERE AHOO7 4001«
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      1742 44 INDONESIA NATIONAL LINE TO AUSTRALIA I FUU.COWtAINEBBEHVtC£ m m w stp m m mlw wotmi m am 07/03 \j/k 10/n ji/w w/w *iwarr Ih~ i3/*s m/oj »7n a/n ji/o AtP "m" B/13 H/M 31/K oyw 04/04 mmmai JUT p/mm/m n/04 mm n/w 14/5FEEDER SERVICE TO INDONESIA *a wt mtmm jturn
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      58 47 KYOWA LINE STL CONTAINER LINE Direct Breakbulk/Container/LCL For Services To Semceto Vietnam Calcutta Maniia/Cuam/Saipan Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri Pg 6 See Page 7 Daily STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL K1 T c New Europe To Services To *-at EAST MALAYSIA 5 C 3tC»
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  • Page 48 Miscellaneous
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      118 48 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers o Ram emperature Wind direction and speed in knots Cloudy Day Weather U Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight *1 2m -I—-One1 —-One half fleche represents 5 knots lilgislil
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      55 50 < mJM The No. 1 air express company in Singapore and Europe announces EUROPE FIRST. It's the fastest way to deliver anything to Europe-Guaranteed*! With the also V offer the latest pick up and earliest delivery. So for export made easy to Europe, our 24-hour DHL Customer Service Hotline at
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