The Business Times, 30 March 2000

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Total Pages: 46
1 46 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) Q36/12/1908 05* SINGAPORE THURSDAY. MARCH 30. 2000 internet: nttp://business-times.asial com.sg/
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  • 66 1 M 2JBLM (-26.17) n*« M -nun (-2.99) nsMsanmnEs 14 28L80 (4.10) STOCK HASKET INDICES Wednesday Change KL8E00MP M NIKKEI *7**__+»Ul HAND SENG 18JWU7 -2KJB SET INDEX 419.88 -1.75 JAKARTA COUP +t* MANILA OOMP _U»1.14 -9J4 TAIPEI WR VMM -MSI SEOUL COUP MUl +17.8 CLSA CHINA B 843J9 JIB
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  • 77 1 F01EX KATES USI St U8I 1.714 £(USS/S$ per f) IJ87 17» ElTlOfUSt/SS/B) OJM 1.841 DM IMS M» TEN 196.® L619 KM i860 1463 HKJ 7.79$ 1228 BABT 17 m 0.045 HJPIAB 7jm tm* St to we units St 100 units PRIME BATES SINGAPORE* 5.80 KUALA LUMPUR 7.«7 JAKARTA MM
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  • 493 1  -  Governor says domestic banks must be strengthened first; current foreign 30% cap stays From Eddie Toh in Kuala Lumpur MALAYSIA may open up its banking sector to greater foreign participation only after 10 years, says Bank Negara governor Ali Abul Hassan Sulaiman.
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  • 890 1  -  Big multiplier effect including jobs over next 3 years YeoCheowTong By Teh Hooi Ling [SINGAPORE] Singapore's telecommunications Big Bang, which will usher in a bumper crop of at least 66 new operators, is expected to attract $3 billion in intestments and
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  • 874 1  -  By. Jaime EE [SINGAPORE] Riddle of the day Who's the real Who in Singapore? Can you p«y to be a Who? Who deckles if you are a Who? And If you're too big to be a Who, can you tell the makers of Who
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  • 547 1  -  Byi Catherine Ong [SINGAPORE] Star Hub, Singapore's newest phone company, is battling one huge obstacle hours before it is due to launch its services: it is still unable to secure Sing Tel Mobile's agreement to switch its 008 IDD calls
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  • Page 1 Advertisements
    • 135 1 DtBIDE Motoring Christopher Tan on an Astraordinary day for Cycle Carnage. Pg 27 Exec Suite Commentary: How URA's property indices can be refined. Pg 31 Boulevard closes end-April. What does Hong Leong stand to make from the condos that will replace the hotel? Pg32 BT Comment Injecting a New Economy
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    • 65 1 go Players in the liberalised market ~~T7 7T~ 1 i j Davnot Singapore SP Telecommunications FLAG Telecom Singapore Telstra-DataOne*. MCI World Com Asia 1-Net Singapore Singapore Cable Vision ,Hutchison IniraPage ST foleport Mobile One (Asia) ST Sunpage Pacific Internet UUNet Singapore JBRm to offer up to 45% cheaper calls, Pg
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    • 306 1 Short-term capital outflow hits RM36b last year, Pg 13 Baal returns for savings, Pg 13 wIBK V I The Ericsson T2B. Breakthrough design isn't about superficial beauty. H It's about making every part a perfect union of form and function, merged with H revolutionary technology. And here's why the Ericsson
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  • NEXT page
    • ON THE grapevine
      • 87 2 CONSPICUOUS by his absence at yesterday's ceremony to award licences to 66 new telecom players was BG Lee Hsien Yang, president of Singapore Telecom. Some of the more than 200 attendees who included Communications and IT Minister Yeo Cheow Tong, Ho Ching, chairman of Star Hub, Terry
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      • 95 2 TOMORROW'S parties by Ml and Star Hub to mark the dawn of telecom Big Bang is getting quite a number of people excited, but some for the wrong reasons. Rumours were spreading yesterday that a certain, "Annabelle" has been invited to make the rounds at 40
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      • 92 2 SOME people are wondering if DBS Bank has become too creative for its own good, its slew of managing directors churning out ideas to justify their employment. They are referring to its latest plan to sell off the headquarters building in Shenton Way, as part of the
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    • 734 2  -  IMF nnhappy with pace of Indonesia's corporate and bank reforms From Shoeb Kagda in Jakarta CONCERN over the International Monetary Fund (IMF) delaying its next loan payment of US$4OO million (Ss6Bo million) to Indonesia sent the rupiah skidding yesterday to its lowest
      AP  -  734 words
    • 663 2  -  TECHNOLOGY Having just scholar-mandarins, however brilliant, may not be enough kenneth james COULD the next list of top civil servants include the likes of Sim Wong Hoo and Wong Toon King? Maybe it should, to galvanise the public sector mindset change
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  • Page 2 Advertisements
    • 11 2 ianhe Zaobaa Profits puff^up last year foj ±misa£s) -rr H~ ||i
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    • 102 2 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: Sales Acquisitions Valuations Resales Up-to-date market appraisal As part of the City Lets International Group we also offer a
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  • OPEC impact
    • 401 3  -  US$25 seen pending Opec's mid-year supply review By' Ven Sreenivasan THE decision by oil-producing nations to raise output by about 7 per cent or 1.45 million barrels daily will cap any rise in oil prices, analysts say. The general market view is that
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    • 490 3 NYT, Reuters [VIENNA] After two days of disputes, Opec decided yesterday to increase oil production from April. Second-largest producer Iran refused to join the majority decision to boost output but said it would increase production to "preserve its interests". If Teheran
      NYT,; Reuters  -  490 words
  • Page 3 Advertisements
    • 122 3 L l Br r% aP^J mmßßmem sjK J HUfiiHiifl I fm gm FlffH §j ■v i ■'.y...v.;, I j v ICf t V *> fe Mgg| |l/ HH Bfcai v ,v ri>i i mS#^ www.salvatoreferTagamo.it Let the world's most modem container terminal connect you to 740 ports around the globe.
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  • Page 4 Advertisements
    • 129 4 i v life .-u v&i WARNING! Vw %t» w I v| Do NOT Hit Refresh Why bother, when we give you share prices real-time, flashing with each trade, COMPLETELY FREE? Now you can customise your portfolio and watch it move before your eyes. With 1.5 million hits last Tuesday, thousands
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  • SINGAPORE companies
    • 305 4 It incurred loss in 1998, expects to stay in black this year HORIZON.COM achieved a rare feat for young Internet plays it turned profitable last year and said it expects to remain in the black this year. The net gain of
      FILE PHOTO  -  305 words
    • 476 4  -  Group cites better broking business, LC Devt tnraaronnd for improved results By Kalpana Rashiwala LUM Chang Holdings posted a 35 per cent increase in group net profit to $9 million for the six months ended December, while associate LC Development turned around with a
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    • COMPANY Briefs
      • 109 4 THE Ascott Is raising its Interest in Buml Perkasa Andhika, which owns and operates the 196-unit serviced apartments. The Ascott Jakarta. Ascott's wholly-owned Javana Pte Ltd will buy a 37.5 per cent stake from Menara Dutaand 19 per cent from Asean Strategic Capital's interest.
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      • 125 4 INTRA CO Ltd has made a strategic move Into e-commerce through wholly-owned subsidiary Etraco Pte Ltd. It said its e-commerce strategy will facilitate and support its existing operations, in particular, providing business-to-business e-com services to its core bus in os ass. Etraco will concentrate its efforts
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      • 74 4 HOTEL Grand Central has signed a deal to pay Tokyo's PRM Corporation NZ$lO million (SsB.6 million) for 242 Queen Street in Auckland. The building is a 14-level office/retail building plus rooftop plantroom. It is leased to a number of tenants producing at the moment
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      • 58 4 AFX-Asia METRO Holdings told Singapore Exchange said it is unaware of any reason or any development which may have resulted in the rise in its share price and volume yesterday morning. Its shares ended the day with a net loss of 3 cents to
        AFX-Asia  -  58 words
    • 276 4  -  Wong Wei Kong ASIAN markets were heavily bought by US and European investors in the middle of this month but UK investors sold in all markets, according to Warburg Dillon Read in its latest survey of fund flows to cash and derivative
      Source: Warburg Dillon Read  -  276 words
    • 589 4  -  lock siew neil behrmann PUNDS are once again seriously stock-picking oldeconomy companies in London's FTSE 100 blue chip index. The index, which was trading at 6,612 early yesterday, is up 10 per cent from the lows of 6,000 in midFebruary. Established new-economy stocks
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    • 645 7  -  But until infrastructure is in place, consortium will offer long-distance phone services From. Macabe Keliher in Taipei AFTER winning its bid for a local telecommunications licence last week, Singapore Telecom said this week that its consortium would initially offer long-distance phone
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    • 194 7 Reuters [MANILA] Philippine mobile phone firm Globe Telecom Inc said yesterday it has signed a US$42 million (Ss72 million) agreement with Swedish telecoms group Ericsson to expand its cellular network. This is Globe's third major agreement with Ericsson, bringing Globe's total investments with the
      Reuters  -  194 words
    • 329 8  -  Thanks to lower interest costs, strong performance from real estate division By Marissa Chew KOH Brothers Group has posted improved net earnings of $2 million for 1999, up 57 per cent and mostly due to lower interest costs and a boost from
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    • 248 8 DMG Partners Securities yesterday opened an online trading cafe in a move to attract younger customers and increase greater awareness of its brand. Located on the ground floor of Ocean Building, the cafe currently has 10 private terminals which allow clients to view
      ALAN LIM/ST  -  248 words
    • 352 8  -  By Jane Cheong MPH Online.com has tied up with leading technology company IBM and Singapore Post (Sing Post) in a move to boost their e-tailing capabilities through secure online transactions and speedy delivery. Under the agreement with Sing Post, MPH Online.com will leverage
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    • 297 8  -  By] R Sivanithy DIVERSIFIED electronics and engineering group Acma Ltd yesterday reported a 34 per cent drop in net profit last year to $13.3 million but emphasised that it was still in the process of reinventing itself as an Internet company. In its
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    • 109 8 As of yesterday, 217 SGX-listed companies had released their financial results for full year ended Dec 31,1999. They recorded a combined $8,775.07m in group earnings, compared to a gain of $660.23m in 1998. The total included 19 foreign companies listed here. If they were excluded, total earnings would
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    • EARNINGS Briefs
      • 66 8 CLIPSAL Industries' net earnings fell 5.3 per cent to $13.1 million last year. Turnover dropped 7.6 per cent to 1808.4 million. Earnings per share was 11.6 cents, down from 12.2 cents in 1996. Net tangible assets a share rose to 11.89 from $1.79 previously.
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      • 126 8 ljnlmstis vus-jacot>erg's net pront last year crept up 5 per cent from $23.1 million to $24.3 million, while turnover rose 20 per cent from $134.5 million to $161.7 million. Earnings per share Inched up from to 14.4 cents while net tangible assets a share
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      • 77 8 JURONG Engineering's net earnings last year inched up 2.5 per cent to $14.8 million. Turnover, however, slipped 3 per cent to $304.7 million. Earnings per share was up slightly to 35.58 cents, from 35.06 cents, while net tangible assets was at $3.74, up
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      • 100 8 fiL w Holdings net pront last year piungea u per cent to $503,000, from $5.9 million In 1996, while turnover fell 39 per cent to $20.7 million. The timber door maker said earnings wore hit by the delay in completion of certain projects and
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      • 85 8 SEE Hup Sentfs net profit last year dropped 90 per cent to $312,000 as margins were squeezed. Turnover dipped 9 per cent to $40.6 million, from $44.7 million. Earnings per share came to 0.29 cents, down from 4.0? cents. Net tangible assets a
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      • 124 8 LION Asiapac's net earnings for tne hair year ended December rose 72 per cent to $2.9 million, due mainly to its motorcycle business. The group's share of the motorbike business saw a doubling in pre-tax profit to $10.5 million, thanks to sales increases
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      • 84 8 ALLIANCE Technology narrowed its net loss last year to $8 million, against a $17.3 million km in 1996. The group j attributed this to better operating profits from the Vlsloncare business and lower interest coets, which fell by half to $3 million. Turnover Ml 18
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  • Page 5 Advertisements
    • 1281 5 Of course it does! a^sstA cool $5 million was reaped by 17 companies AJNgtnr as cost savings in a year. Another $50^rnillion That is what Singapore companies are April 1999 The 27 companies surveyed reportenjoying simply by managing their ed savings ranging from $50,000 to $810,000 ■jMRHIBBy- m costs while
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  • SINGAPORE markets
    • 478 6 alOCu »> i- voHjme NOL.«. 19,383,000 Mwtnwl 8c 1W72.000 25c 9,962,000 MadljRinglOc 9,525.000 SmgT®l15c 7,964,000 RrstCaptel 7,791,000 *T«nChonolrt50c 6,984,000 Network WWO 6,576.000 5"** ***** 6,466,000 TPV US1c 6.408,000 Stocky > PacifteCentuiy 41,564,486 NO! 29,922^50 DBSGrp 29,635,188 SIA 27,361,909 TACBM0200 26,412,410 Chart Semiconductor 26c 25,584,000 uoe 24,481,000 SingTel 15c 21,140,336 SPH
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    • 579 6  -  -l I comment STOCKS r.sivanithy LOCAL stocks fell yesterday supposedly in sympathy with an overnight drop on Nasdaq, but more probably because real investor interest has already dwindled to minimal levels. With just two days to go before the end of the
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    • 177 6  -  WARRANT WATCH By] R Sivanithy ONE Malaysian company whose warrants expire this year and haven't applied for a time extension is diversified construction firm Gadek Bhd. It's also a rather odd creature it fell two sen yesterday to 90 sen even though the
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    • 236 6  -  HOT STOCK By < Wong Wei Kong SHARES of property developer First Capital Corporation (FCC) rose sharply yesterday, with the stock closing among the session's most active issues and biggest gainers. FCC shares rose 15 cents or 11 per cent to $1.55. The stock opened
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    • 190 6 AURIC Pacific willbe trading ex-dividend (final dividend of two cents) on May 3. Last day for buying-in on a cum basis is May 8. Date payable is May 23. PARKWAY Holdings will be trading ex-dividend (final dividend of four cents) on June 14. Last day for buying-in on
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    • 580 6 AFP {SINGAPORE] The US dollar closed higher yesterday against the euro and lower to the yen in Singapore trade, dealers said. The euro ended at U550.9575, down from its close Tuesday of U550.9656. It opened here yesterday at U550.9583, according
      AFP  -  580 words
  • Page 6 Advertisements
    • 101 6 ertsT Kp ii. hen dish is a sonnet seducing the palate with its beaut)'and goodness..." The La CSte Saint-Jacques Burgundy Cei (Z/ome savour the celebrated of Chef extraordinaire, lean Michel Lorain, from the famed Burgundy region of France. w jHHlini 0| The youngest chef to be awarded 9 three Michelin
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    • 17 6 r flexible financing for your share purchases"-Call 323-3955 what we can do for you 83 DBS BANK
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  • Page 7 Advertisements
    • 129 7 This announcement appears for the purpose of record only March 2000 BILi Brierley Investments Limited (Registered in Bermuda on 29 December 1999) ADMISSION OF THE ENTIRE ISSUED ORDINARY SHARE CAPITAL OF BRIERLEY INVESTMENTS LIMITED TO THE OFFICIAL LIST OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED BY WAY OF AN INTRODUCTION
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  • Page 8 Advertisements
    • 315 8 Bi SLCOMOEX fi»*m> Ada's fi Inlnwgu TediMtafy IMMpIM V tm f *mn 5*7 *P«* 2000 B prj if mW m M J S'ngapOfO|R|Rni®t>onal Cortvent»o r I Wl Illlr llflfy HVWPPPi VHV VPHHHH 4 Exhibition Centre Level 3, Meeting Room 301-302 Singapore International Convention Exhibition Centre 5 April 2000 6 April
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  • TELECOMS big bang
    • 803 9  -  International Simple Resellers charge lower rates because they do not make heavy investments in infrastructure By Catherine Ong A WHOLE new group of telecoms companies will be offering International Direct Dial (IDD) calls at rates that undercut those of Singapore Telecom and
      CHRIS LOH  -  803 words
    • 835 9  -  Catherine OHO reports on the looming battle for bandwith CATHERINE ONG THE battle for bandwidth is about to begin. Singapore's newest telecom operators are deploying a dazzling arsenal of technologies in their bid to wrest customers from incumbent Singapore Telecom when the market is thrown wide
      CHRIS LOH  -  835 words
    • 403 9  -  |:i 8 exclusive By Teh Hooi Ling STARHUB's $825 million loan facility has been frozen following the government's surprise decision to bring full telecoms liberalisation forward by two years. And as a result, its shareholders Singapore Power, Singapore Technologies Telemedia, Nippon Telegraph and Telephone and
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  • Page 9 Advertisements
    • 202 9 13th April 2000 Holiday Inn Rark View 9.00 am 5.00pm Conducted by: WHO SHOULD ATTEND MACK PALOMAKI Service Developers AU-SYSTEM Software Developers i nun cu/cncu GSMNen "> rk °P'" M ■■wPIUb wWEUEN GSM Network Managers I Fees *****.00 per participant 1 (Inclusive of lunch, 2 coffee breaks, Personnel training materials
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  • SINGAPORE news
    • 392 10  -  SAT's high-tech unit becomes stat board so it can be nimble, flexible in decision-making w Eugene Low TECHNOLOGY will help the Singapore Armed Forces (SAF) overcome its resource limitations and give it a military edge bigger than its size, Deputy Prime Minister Tony
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    • 669 10  -  PEOPLE By Eugene Low TOP talent can be better paid than the boas at the Defence Science and Technology Agency, the new statutory board that will provide cost-effective and leading-edge technology to the Singapore Armed Forces. It is a measure of how
      LIANHE ZAOBAO  -  669 words
    • 355 10  -  By Soh Tiang Keng THE new two-woman team of insurance regulators from the Monetary Authority of Singapore will make a strong, effective supervisor and help develop the industry further, insurance managers said yesterday. Welcoming the appointment of the new regulators Teo Swee Lian and Hauw
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    • 247 10  -  By, Jane Cheong A MINISTRY of Manpower survey conducted early last year produced some worrying statistics: 57 per cent of Singapore's workforce had not engaged in any training or learning in the past three years. Two-fifths of the 800 people surveyed did not see
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    • 302 10  -  the economy inflation -By Anna Teo PRICE pressures have started to creep In, with core inflation picking up momentum and the threat of imported inflation remaining strong. The higher-than-expected 1.3 per cent year-on-year rise in the February consumer price index (CPI) translates to
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    • 221 10 THE first partial restoration of the Central Provident Fund (CPF) cut will kick in on April 1, when the employers' contribution rate rises 2 points to 12 per cent. The 2-point restoration will be fully allocated to CPF members' Special
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    • 310 10 Cross-fertilisation to help local industry, saysßGYeo SINGAPORE is seeking to attract foreign small and medium enterprises to set up shop here, Minister for Trade and Industry George Yeo said yesterday. Speaking at the opening of the World Summit on Small Business 2000, he said:
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    • 140 10 HIPRO Printing, a Singapore Press Holdings subsidiary and the publishers of Tamil Murasu, is offering a Tamil translation service for letters, advertising copy, books and newsletters. Charges are based on the number of words to be translated and vary from a basic 55 cents per
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    • 68 10 IN our report on Tuesday, "Dr Tony Tan to chair EDB's International Advisory Council", we reported that ST Microelectronics president and chief executive officer Pasquale Pistorio and Sumitomo Chemicals president Akio Kosai were among the members of the newly-formed lAC Emeritus Faculty. This is incorrect. Dr Pistorio
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    • 304 10  -  Ng Kar Fatt, Andy Singapore via Internet THANK you Mr Ronald Chong for the very detailed explanation on why the CPF Board has restrictions on investment in education using CPF funds. ("Education scheme: CPF explains restriction", BT March 23) Since the CPF
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    • 113 10  -  Chia-Mao Kawn Hwa (Mrs) Manager (Public Relations) Inland Revenue Authority of Singapore IN our reply to Mr Denis Distant, "Payment by credit card will add to costs: IRAS" (BT, March 21), we indicated that we were exploring the feasibility of accepting credit card payments for
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  • e News
    • e Briefs
      • 81 11 Reuters [NEW YORK] Mail.com Inc, which provides online messaging services to firms such as Earth Link Network, on Tuesday bought a Chinese content provider to help it become a worldwide developer of online media networks. To increase the content of its Asia.com portal, Mail.com said
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      • 76 11 Bloomberg [NEW YORK] Boeing, BAE Systems, Raytheon and Lockheed Martin are considering selling shares to the public in the Internet trading exchange they formed to purchase and auction aircraft parts. The exchange, unveiled on Tuesday, will allow four of the world's biggest aerospace and
        Bloomberg  -  76 words
      • 91 11 Bloomberg [NEW YORK] Efficient Networks, the biggest maker of high-speed modems for phone networks, agreed to buy closely held Net Screen Technologies for U*****.2 million (551.43 billion) in stock to add products for secure access to the Internet It will exchange 5.28 million shares for Santa
        Bloomberg  -  91 words
      • 68 11 Reuters [LONDON] British consumer electronics group Amstrad launched a souped-up telephone with email and flax capability yesterday, but the market hung up on the news, sending its share price plunging. The stock fell as much as 15 per cent after the announcement, which had
        Reuters  -  68 words
    • 203 11 SUNNYVALE, California Bloomberg MACROVISION Corp, whose software prevents pirating of video tapes and CD-ROMs, agreed to buy Globetrotter Software Inc for US$B6l million (551.47 billion) in stock to add products that deliver corporate software on line. The company will pay 11.2
      Bloomberg  -  203 words
    • 489 11 m SAN FRANCISCO Electronic Arts, Nintendo, Sega allege pirated wares sold through Yahoo sites AP Bloomberg THREE video-game makers have sued Yahoo! Inc over the sale of counterfeit videogame software and game devices sold through the leading Internet directory's Web site. Electronic
      AP; Bloomberg  -  489 words
    • 461 11 STOCKHOLM But the investment firm finds the fission of the old and new more interesting Reuters SWEDISH holding company Investor AB, criticised in the past for its overexposure to traditional industries, said on Tuesday it was embracing the new economy of e-commerce and Internet
      Reuters  -  461 words
    • 397 11 Reuters (NEW YORK] The city that never sleeps will soon get a further reason for staying awake. In the latest marriage of new and old media, New York magazine publisher Primedia Inc and cable TV provider Cablevision Systems Inc said
      Reuters; FILE PHOTO  -  397 words
    • 396 11  -  Hongkongxom seeks approval to issue shares for purchase From Meera Tharmaratnam in Hongkong WEB portal Hongkong.com said it would cancel its plans to take a 51 per cent stake in regional e-commerce portal BigStoreAsia.com if the company could not obtain a waiver from Hongkong's
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    • 353 11 TOKYO Reuters A VENTURE that has promised to offer Japan's cheapest Internet service appeared to be coming unstuck yesterday when one of the partners raised questions about profits and technical problems. A breakdown in the project could chill already cooling market sentiment towards
      Reuters  -  353 words
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  • EDITORIAL & opinion
    • 826 12  -  THEHB| dl IT.I 1 OPINION robert samuelson The Washington Post Writers Group AMERICANS may have gotten a small foretaste last week of the endgame of the Internet investment boom The hallmark of any boom is unbridled confidence, which conceals and condones practices that in a
      The Washington Post Writers Group  -  826 words
    • 92 12 'Anyone who doesn't regret the passing of the Soviet Union has no heart; anyone who wants it restored has no brains.' yiaiimrir Pntfw the newly elected president of Russia. 'I will spill the blood of all national-separatists I am telling you in advance that I will exterminate
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    • 636 12 EDITORIAL CACUK Sudarijanto is a man in a hurry. His mission is to help the Indonesian economy turn around before it turns against him As the new chief of the asset-rich Indonesian Bank Restructuring Agency (Ibra), he sits on a goldmine of corporate wealth. These are
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    • 1137 12  -  The weakness is not inadequate laws and regulations bnt their highly subjective implementation Bb Todd Callahan The writer works for a business information and research consultancy based in Jakarta. The views presented are his own AT A seminar this month, Laksamana Sukardi,
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    • 757 12  -  COMMENTARY Byl Paul Krugman The writer is a professor of economics at MIT NYT THE big winner at the Oscars was American Beauty, a film based on the daring and original premise that material possessions don't bring happiness. Oh, well.
      NYT  -  757 words

  • BANK NEGARA report
    • 721 13  -  Harked increase from RM2Ob in 1998, but repatriation by fond managers much lower than feared Reports by] Eddie Toh in Kuala Lumpur A TOTAL of 36 billion Malaysian ringgit (5516.2 billion) in short-term capital flowed out of Malaysia in 1999 as
      REUTERS  -  721 words
    • 371 13 Analysts see risk of negative returns as inflation accelerates MALAYSIAN central bank officials yesterday assured deposit holders it will ensure a real rate of returns for savings in bank deposits after analysts said Malaysia was in danger of moving into negative
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  • Page 13 Advertisements
    • 90 13 U5595,000,000 SUN WAY CITY BERHAD ASSET RECAPITALIZATION OF SUNWAY PYRAMID PRIVATE EQUITY PLACEMENT FOR SUNWAY CITY BHD MALAYSIA March 2000 la THE GREENWICH GROUP INTERNATIONAL, LLC New York Washington D.C. Boston Los Angeles San Francisco London Frankfurt Hong Kong Singapore Kuala Lumpur w|DU AL AH mobile phones released nowadays have
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  • REGIONAL news
    • 502 14  -  Sanaa to contest charges that he falsified his assets records Froml Harish Mehta in Bangkok THAILAND'S controversial Deputy Prime Minister and Interior Minister Sanan Kachornprasart resigned in tears yesterday following charges that he falsified his assets records, plunging the ruling Democrat
      AFP  -  502 words
    • 450 14  -  Hopes soar as Moody's nps banks' outlook to 'positive' FrvmA Harish Mehta in Bangkok THAILAND'S hopes for an upgrade of its sovereign rating from junk bond status to investment grade soared after Moody's Investors Service yesterday raised the outlook for the country's troubled
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    • 96 14 JAKARTA AFX-Asia LIPPO Group chairman Mochtar Riady says his group's Internet-related firms may list on Nasdaq if domestic capital market authorities continue to be suspicious about the group's move into the Internet sector, Bisnis Indonesia reported yesterday. •Mr Riady said if certain parties
      AFX-Asia  -  96 words
    • 153 14 KUALA LUMPUR Agency for bank recapitalisation talking to buyers Reuters MALAYSIAN state bank recapitalisation agency Danamodal Nasional Bhd said yesterday it had been fully repaid by five out of 10 financial institutions which it had recapitalised by end-March 1999. Danamodal
      Reuters  -  153 words
    • 281 14 KUALA LUMPUR M&yb&nk, RHB Bank put on review for upgrade dne to improved economy Bloomberg MOODY'S Investors Service has raised its ratings for Bumiputra-Commerce Bank Bhd as the latter has a strong financial position because of support from Malaysian government agencies. The ratings agency
      Bloomberg  -  281 words
    • MARKET moves
      • 77 14 HAP Seng Consolidated rose 32 sen to 3.80 Malaysian ringgit after the company announced it has cancelled some shares held in its treasury, following its share buy-back programme. The company has so far bought about 13 million of its shares, a move that will
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      • 89 14  -  Compiled bjr Eddie Toh PICA Corporation jumped 48 sen to RM4.96 on rumours that it may soon secure a stake in another Internet company. Pica recently aborted a memorandum of understanding to buy a 10 per cent stake in Kalan Gold, a move which caused
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    • 512 15 TAIPEI Appointment shows incoming president's focus on military issues and may anger China Bloomberg TAIWAN President-elect Chen Shui-bian named Defence Minister Tang Fei as the island's next premier, underpinning an election pledge to draw on talented officials from outside his own political party.
      Bloomberg  -  512 words
    • 311 15 BEIJING Sina, Nete&se hand over Web sites to Chinese-owned raits Reuters CHINESE Internet companies will be allowed to list abroad only if they first spin off their content businesses, the China Securities quoted Beijing's top industry regulator yesterday as saying. "Before China
      Reuters  -  311 words
    • SINO Briefs
      • 60 15 AFP [BEIJING] The European Union warned China on Wednesday that talks on a trade deal for WTO membership were going too slowly and that EU negotiators would not stay in Beijing indefinitely. "We will not wait forever," Anthony Gooch, spokesman for EU trade
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      • 63 15 Reuters (BEIJING] Southern China's Guangdong province will start building a 20 billion yuan (Ss4.l billion) airport in its capital city of Guangzhou next month, the China Daily reported yesterday. Work on the new airport would start on April 15 and was scheduled for
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      • 65 15 Reuters {TAIPEI] Taiwan's Powerchip Semiconductor Corp said yesterday it planned to invest over NTfSO billion (S|2.B billion) to build a computer chip fabricating plant in northern Taiwan to meet rising global demand. Powerchip, which makes dynamic random-access memory and other microchips, said in a
        Reuters  -  65 words
    • 328 15 HONGKONG AFX-Asia THE Hang Seng Index is expected to trade up to 19,000-20,000 points within the next three months on the back of investor enthusiasm for the New Economy. But the outlook for the second half is more uncertain given recent signs
      AFX-Asia  -  328 words
  • Page 14 Advertisements
    • 1225 14 I SAL Clipsal Industries (Holdings) Limited (Incorporated in the Republic of Singapore) Announcement of Unaudited Results and Dividend for the year ended 31 December 1999 The Board of Directors of Clipsal Industries (Holdings) Limited Is pleased to announce the unaudited results of the Group for the year ended 31 December
      1,225 words

  • Page 15 Advertisements
    • 1334 15 The Straits Trading Company Limited I (Incorporated in Singapore) NOTICE IS HEREBY GIVEN THAT I g (a) The Directors have declared a second interim dividend of 3 cents per Si stock unit, less Singapore income tax at 25.5% in respect of the year ended 31st December 1999 I payable on
      1,334 words

  • Page 16 Advertisements
    • 843 16 IV —r 3 1*91 11 t i 3 fMB I IH Luxury livirib J t/ fjr I rl unth new Asian soul x l reetops Executive Residences a garden sanctuary home like having natiMUrt at your doorstep. TrJ SB 4j£ggBB I in an unparalleled location. In metropolis Singapore where Most
      843 words

  • Page 17 Advertisements
    • 985 17 executive residences ne anrti lfl n/hnmp it' <5 like having ritJiiifcftt at your doorstep. Treetops is designed with full condominium facilities in an s where Most of our in the four-storey development xx 'exclusive holiday resort setting. It houses a host of recreationah cutive Residences encircle Treetops 1 of waterfalls,
      985 words

  • WORLD news
    • 377 18 WASHINGTON System to scan message boards, Web sites and online discussions violates privacy, say critics LAT-WP THE Securities and Exchange Commission plans to step up surveillance of online stock fraud by creating an automated system that would listen in on Internet
      LAT-WP  -  377 words
    • 385 18 PARIS Reuters EMERGING markets guru Mark Mobius erf the Templeton Fund yesterday warned that a recent boat at volatility in Internet stock prices could herald the onset of a global crash in this high-flying sector. "I think we're nearing the time, that's my
      Reuters  -  385 words
    • 234 18 AP [SYDNEY] Billionaire media magnate, Kerry Packer, Australia's richest man, just got richer. Mining company Cluff Resources Pacific NL, in which Mr Packer holds a 15 per cent stake, confirmed yesterday it has found a valuable deposit of rubies and sapphires on his
      AP; FILE PHOTO  -  234 words
    • WORLD Watch
      • 93 18 Bloomberg [TOKYO] Yahoo! Japan Corp, the most expensive stock in the world, proved an irresistible bargain to one of its directors yesterday. The Internet search engine company said an unnamed director decided to exercise an option to buy 32 new shares for 50,000 yen
        Bloomberg  -  93 words
      • 54 18 Bloomberg [LONDON] British Sky Broadcasting Group said it will sell new stock to raise £340 million (*****.8 million), helping to pay for its purchase of 24 per cent of Germany's Hie acquisition, which won European Union approval earlier this month, is BSkyß's first outside
        Bloomberg  -  54 words
      • 65 18 Bloomberg [WASHINGTON] Sales of new homes in the US showed little change in February, suggesting higher interest rates have yet to slow the market. Sales decreased 0.5 per cent in February to a seasonally adjusted annual rate of 919,000 from a higher than
        Bloomberg  -  65 words
    • 706 19  -  Expanding scheme could be prelude to reviving AMF idea From Anthony Rowley in Tokyo JAPAN will offer official support for an Asean proposal to convert existing currency swap arrangements among members and other countries into a more formal mechanism for coping with turbulence
      FILE PHOTO  -  706 words
    • 542 20  -  Global arena may not deliver him the legacy he hopes to leave behind From. Leon Hadar in Washington US President Bill Clinton, hoping to burnish his presidential legacy, had planned on spending his last months in office by helping to resolve several
      542 words
    • 365 20 WASHINGTON He also vows to fight for passage of landmark WTO trade agreement with China Reuters US VICE-PRESIDENT A 1 Gore expressed full confidence on Tuesday in Fed chairman Alan Greenspan, despite the prospect of several more interest rate hikes between now
      Reuters  -  365 words
  • Page 18 Advertisements
    • 1504 18 H=Sg UNITED CKICIKACCDC cwulnltrcro LIMITED (Incofporated in the RapuMc of Singapore) ANNOUNCEMENT RESULTS The unaudited results of the Group and of the Company for the financial year ended 31 December 1999 are as follows: GROUP COMPANY 1999 1998 Increase/ 1999 1998 Increase/ $000 $000 (Decrease) $000 $000 (Decrease) Turnover 434.684
      1,504 words

  • Page 19 Advertisements
    • 252 19 ®A Rendevous for the I Marine Trade, Boating I and Sea Sports Lovers... 1 I 11l Asia's Leading Boating, Watersports and Marine Equipment Show u I 200 international exhibiting companies and brands from more the 20 countries jg, 6 national groups from Australia, Germany, New Zealand, Netherlands, United Kingdom and
      252 words
    • 462 19 hshha ■p m &M m*'y m J rn^^H /jl n jjI \w9[V&l ft 4, V I -^^fglJfjffi ilife- I I i I IPS HB aHHH j|B^ r y j j' 11 <S§| i */-*>/ fcsHBHK m^MoaMBtg i „4^sljjlBB^BBBjHs^^^ I Hi 'JE/ J J 9BFy The growth in e-Commerce is staggering.
      462 words

  • Page 20 Advertisements
    • 2932 20 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 THE COMPANIES ACT, CHAPTER SO Section 290(2Mb) NOTICE Of RESOLUTION BUSH HOUSE TRADING PTE LTD (In Members' Voluntary Liquidation) At on Extraordinary General Mooting of •wilt Homo Trading fte ltd hold at 50 Rome* Waco #17-01 Singapore land
      2,932 words
    • 633 20 THE COMPANIES ACT, CAP 50 TKG MOTOR PTE LTD (In Liquidation) NOTICE IS HERESY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 3rd day of May. 2000 to send in their names and addresses with particulars of their
      633 words
    • 593 20 IN THE MATTER Of THE COMPANIES ACT. CAP. SO and TECHNO STAR PTE LTD (In Maniban' Voluntary liquidation) At an Ejdroordnory Ganard Mining d Aw oborenomad company duly convatwd and Held at BLOCK *09 FRENCH ROAD *06-16* SINGAPORE 300*09 on 13* day of Mardi 3000 Bw folowing Spaad tatolußoro wnm
      593 words

  • FINANCE & commodities
    • 292 21  -  SGX Derivatives Tradlng/teporte MS& Singapore Index Daphne Tay, Jardine Fleming THE Singapore stockmarket ended lower yesterday plagued by a myriad of reasons including extended prof-it-taking, lower-than-expected corporate results, weak US markets, and the impending liberalisation of the local telecoms sector. The Straits Times Index
      292 words
    • 252 21  -  MSCI Taiwan futures Kelly Loh Refco Singapore TAIWAN stocks closed slightly lower, due to continued profit-taking by investors as well as Wall Street's overnight fall. The Taiwan Stock Exchange Weighted Price Index closed at 9,805.69, down 50.91 points or 0.52 per cent
      252 words
    • 154 21 ENERGY REPORT Reuters [LONDON] World benchmark Brent blend crude oil fell below the key US$25 level yesterday after nine Organisation of Petroleum Exporting Countries (Opec) members agreed to reverse cuts they implemented a year ago to boost global prices. Brent for May delivery lost 86
      Reuters  -  154 words
    • 321 21 Reuters London THE euro plumbed record lows against the yen early yesterday as bullishness on the Japanese economic outlook coincided with unremitting negative sentiment for the European single currency. The yen was intitially bolstered across the board after data showed that Japanese industrial production rose 3.0 per cent
      Reuters  -  321 words
    • Article, Illustration
      1272 21 DfTERBAWK CROSS RATES hi ft N> too Or D» HK$ tod Bi Rupiah Yen Won BM NZ$ Prt Rt Ptso S$ Rand Sfr —|ff$ Baftt Pound US$ Australia 0.891 5.082 0.640 4.198 1.252 *4.766 26.685 46.466 0.649 6.792 2.326 1.219 ***** 25.100 1051 3.985 1.023 18.727 23.138 0.386 0.612 fiivxli
      1,272 words
    • 1918 21 SI COM FUTURES \tar 29 RUBBER (futures dostaq M 5.30Km) RSS1 CONTRACTS ccnts/kq) Close Volume Opefl Month High Low Sett (tomes) Irrtf >st APTOO 7 S3 1 1 May 00 118.25 junOO 120.75 120.75 121.25 600 600 Jul/Sep 00 126.50 126.50 125.25 150 750 RSS 3 CONTRACT (US c«nUAg) Voto««
      1,918 words

  • STOCKS east asia
    • 2756 22 HONGKONG AFP Qlbu«Seng -***** HONGKONG share prices fell 1.1 per cent yesterday on prof-it-taking after two days of record closing highs, following overnight declines on Wall Street, dealers said. "There is no news to support the market, which follows Wall Street's
      AFP  -  2,756 words
    • Article, Illustration
      926 22 Reuters Q Shenzhen Blndex -4.44 CHINA'S hard currency B shares closed down sharply yesterday as investors raced to take profits after hoped-for government measures to boost the market failed to materialise, brokers said. Shenzhen's B Share Index slumped 4.44 points or 4.7 per cent to 90.75 points as turnover
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  926 words
    • 358 22 AFP QWP Index -50J1 TAIWAN share prices closed 0.5 per cent lower yesterday in range-bound trading as the market entered a consolidation phase, dealers said. The Taiwan Stock Exchange Weighted Price Index moved down 50.91 points to 9,805.69, following a 0.5 per cent rise in the previous session. "The
      AFP  -  358 words
    • 1984 22 TOKYO AFP QKktt22s +***** SHARE prices in Tokyo jumped 1.6 per cent yesterday to close at their highest level in nearly 40 months, led by strong gains in high-technology issues despite falls on Wall Street, brokers said. Institutional investors, having finished taking profits to
      AFP  -  1,984 words
  • Page 22 Advertisements

  • STOCKS klse
    • 6835 23 HWTHIAlt CoituiMr predicts 2000 V«l out Net Ca# Hmi L— CWHt M» 'WW 420 310 Ajlnomoto 390 4 5 3?0 386 2AJ i5?o 158 91 «n)Uu 118 -5 168 125 114 174.0 630 290 Apoilo rood Hlg -610 40 203 630 565 1*5 244 0 2975 2700 BAT50C 2875 75
      6,835 words
    • 384 23 AFX-Asia J Composite Index *156 MALAYSIAN share prices :losed slightly higher amid •etail buying interest, with nstitutional players mostly ibsent, dealers said. The Kuala Lumpur Stock Exchange (KLSE) Composite ndex closed up 3.56 points at )85.13, while the Second 3oard Index gained 7.82 joints
      AFX-Asia  -  384 words
  • Page 23 Advertisements

  • SGX clob & regional stocks
    • 3234 24 BONDS A WARRANTS Mar 29 *t Wrwtt fnm/ (iptrr last m "Tf 5T £r "2"5 Lot stM Ml 0001 Nt# Lot layw «a4" (■«*»>«'• "-5 s 3164 Acma ******4 22 03 160 223 213 223 23 410 J 300 135 6 23 16 59 15 s 3161 AIIToch ******7 20
      3,234 words
    • Article, Illustration
      779 24 AFX-Asia □set Index -1.75 BANGKOK share prices closed slightly lower on light selling after Sanan Kachornprasart said he will resign as deputy prime minister, interior minister, and member of Parliament following his indictment for falsifying his assets declaration, dealers said. The SET Index closed down 1.75 points, or 0.42
      AFX-Asia  -  779 words
    • 269 24 AFP □Composite Index -9M PHILIPPINE share prices fell 0.6 per cent yesterday amid political uncertainty and fresh weakness in the peso. The Philippine Stock Exchange Composite Index lost 9.94 points to 1,691.14. Turnover volume rose slightly to 10.88 billion shares worth 1.83 billion pesos. AFP Mar 29 ft to
      AFP  -  269 words
    • Article, Illustration
      689 24 AFP rl Compositelndex +196 INDONESIAN share prices closed 0.5 per cent higher yesterday amid speculative play in the Lippo E-Net insurance firm and PT Astra Graphia, dealers said. The Jakarta Stock Exchange Composite Index closed up 2.95 points at 591.68 on volume of 885.2 million shares valued at 882.17
      AFP  -  689 words
    • 277 24 AFP UJNISE-40 *1150 TRADING was mixed yesterday day but the New Zealand sharemarket managed to move into positive territory for the first time this week, climbing 0.6 per cent. The NZSE-40 Capital Index rose 12.50 points to 2,042.60 on turnover worth NZ$B5.4 million. AFP *rt (000) Advantaga HQS 5.45
      AFP  -  277 words
    • 579 24 AFP QAH Primaries -113 AUSTRALIA'S All Ordinaries Index fell 12.3 points or 0.4 per cent to 3,228.5. The All Industrials Index eased 18.1 points to 5,751.7 while the All Resources Index fell 9.4 points to 1,172.3. National turnover totalled 1.57 billion shares, worth A 51.69 billion, with 864 decliners
      AFP  -  579 words
    • 321 24 AFP 71 Composite Index +17.22 THE Composite Index yesterday closed up 17.22 points or 1.9 per cent to 908.51, off a high of 913.35. Volume was 278.5 million shares worth 4.2 trillion won. —AFP HarCT 9m *h Anam Semi ***** 1850 Brata Tecfl 1640 80 Central Bank 2800 160
      AFP  -  321 words
  • Page 24 Advertisements

  • 6988 25 SGX MAXNBOARD Transaction (kite: Mar 29 Or Or M Wt Vml r>. v Ljl t Oust* Wy ON YM Nat Cap Avg Law »tNa Cimpiny W« fOOO) m* L— B»yar *«8ar Prte 182 71 m c 1000 Acma 50c 137 -2 143 138 135 136 137 10 3.3
    6,988 words
  • Page 25 Advertisements

  • Page 26 Advertisements
    • 359 26 Where to wine, dine and entertain..: -< >> jjM™** illillMlllllllßlllillillWlMilfciMllimililMillilililMlH 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 12 Apr) $22.50 (Adult),
      359 words
    • 30 26 Australian Wine Adventure l-30tti Apri 2000 A true-blue AustrtlUn qutronoalc event not to be allied. Reservations: 831 6288 -•jffSa 333 Orchard Road. Singapore *****7 T* 737 4411 Fat 732 2361
      30 words
  • Page 26 Miscellaneous
    • 842 26 IBll^^ r\|i r; nil j* «k LOO Days of Our Lives. 3JSO Heartbeat. MMW 2.00 Thursday Afternoon 4.40 The Colourful Melon 5.00 PM Indoor Athletics— AM Kids Central. Pip Movie: The Pickle. Garden (Last ep). United Kingdom (2nd Y-sf- The Appleseed Knight. 4.00 Battle Dome. 5.10 My New Recipe. tx)
      842 words
    • 282 26 CRYPTIC CROSSWORD ACROSS 6 Firm about wine that's 1 Lose out in time, having been man-made (7) left alone (8) 7 Warmer part of an engine? (8) 5 Drink with no body (6) 8 Delicately watch over broken 9 Formerly on a future occasion! 'y re (8) 12 Do nothing
      282 words

  • MOTORING page
    • 1015 27  - An Astraordinary day for Cycle Carriage CCL's group MD Philip Eng and his team cheered in J P Morgan's Jakarta office when Ibra rang to break that good news that consortium has won the bid for a 38% stake in Astra Int 1 Reports by Christopher Tan THE atmosphere in
      CHRIS LOH  -  1,015 words
    • 275 27 THE Cycle Carriage-led consortium had a sizeable due diligence team. At any one time over the three-week period, 40-50 people were holed up in two adjoining rooms at the Mandarin Oriental, Jakarta. The "war room" was transformed into
      275 words
  • Page 27 Advertisements

  • Page 28 Advertisements
    • 406 28 j r. r;i rin r ri*rp r r i i J wJ WJ J «J J *■»*>■• JJ J w N(11 I Ww JHN**" iy > I infP^'T Wk. m m \H i V L> Br I m 4 Wk W H h I MMg^HlgmnPTT^' lA V JHk ®p" X
      406 words

  • Page 29 Advertisements
    • 109 29 Pay FIXED INTEREST RATE from date p||i|jßj i release NOT date of letter of offer Ji For housing loans without hidden conditions, call us —we have been financing homes since 1950 Ist Year 3.75% p.a. (fixed) 2nd Year 4.75% p.a. (fixed) 3rd to sth Year 4.25% p.a. (variable)* 6th Year
      109 words

  • Page 30 Advertisements
    • 242 30 Fernhill Grove Prime Freehold Site near Orchard Road For Sale by Tender Address 25,27,29 Fernhill Road Land Area 8,021.9 sq m 1 l^Subi' WW 0 86,348 ft) 4 Property Tenure Freehold 5 lF\ Planning "Residential" S A Zoning 5 Parameters 1.4 Plot Ratio y U P tO 4 storeys rwH
      242 words
    • 21 30 Classified First. x«, Looking for a holiday destination? Or simply getting away from it all? Check The Straits Times Classified First.
      21 words
    • 542 30 BANKSfINANCE COMPANIES YEAR t YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR HO YEAR 11-36 1 ABN-AMRO Bank (max of 30 yrs) 3.5000 4.2500 4.7500 4.7500 4.7500 4.7500 4.7500 Citibank* (max of 30 yrs) 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 DBS 4.0000 5.0000 5.0000 5.0000 5.0000 5.7500 5.7500
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  • Page 31 Advertisements
    • 210 31 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
      210 words
    • 181 31 CONDOMINIUM DEVELOPMENT SOI MAR )00 CHAT CONSERVATION AREA FOR SALE /Ptot Ratio U.if) to 4-Storcy fMM i§f\ -IV*a«a9o«*sUpaitous ASSw CHA>>QI T Condon**m project I p Y VVr% to rtstorical Joo Qiat I Bte— 1 Conservation area 8, I liW Shoppy I K Property Qose to Euws MKT Station, Pirt,a >
      181 words
    • 116 31 FOR SALE BY TENDER Large Hi-tech Industrial Development At No. 1 Yishun Avenue 7 Pl|yNf 1 m i rs&. 3/ Land Area approx. 643,560 sqft Gross floor area of approx. 657,500 sqft, comprising 2 manufacturing buildings, 2 office blocks, a conference centre and laboratory HDB leasehold of 30+30 years from
      116 words

  • EXECUTIVE Suite
    • 638 32  -  kalpana rashiwala looks at what Hong Leong stands to make from the condos that will replace the hotel KALPANA RASHIWALA THE Hong Leong Group is closing down the 32-year-old Boulevard Hotel at the end of next month to redevelop the prime freehold site into a plush condominium.
      FILE PHOTO  -  638 words
    • 222 32 CITY Developments will launch the last 120 apartments at its Faber Crest condominium this weekend at an average price of $590 per square foot. The new price is slightly higher than the $570 psf that the apartments fetched last May when the project was
      222 words
    • Article, Illustration
      3288 29 HDB transactions between Jan 30 to Mar 5 2000. TYK/tOCATX* POSTAL CONTRACT BULT-* P»CE PSF TYPE/LOCATION POSTAL CONTRACT BULT-IN P«CE PSF COO€ DATE (SOFT) (SS'OOO) (S$) COO€ OATl (SOFT) (SS*000) (S$) 3-ftoom (Type A) Choa Chu Kang Ave 3 *****8 25-Feb-OO 1130 275 243 Cashew Road *****2 24-Feb-00 807
      3,288 words
    • PERSONAL SPACE
      • 1021 30  -  ...these were what drew Asiacontentcom Media's GM to the Mediterranean townhouse that he later called home. tan so ten takes a peek at the Yeos' residence TAN SU YEN YEO Guan Kai, general manager of Internet multimedia company, Asiacontent.com Media, usually leaves home at seven in
        CHRIS LOH  -  1,021 words
    • PROPERTY COMMENTARY
      • 1029 31  -  hhor looks at the major changes introduced and how the Property Price Index can be further improved AMY KHOR Dr Amy Khor is director (research) at Knight Frank OVER the years, the Urban Redevelopment Authority has been refining its property price index (PPI) in order
        FILE PHOTO  -  1,029 words
      • 294 31 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNTTS NO OF PRICE TENURE (sq ft) LAUNCHED UNTTS SOLD ($pal) River Place FEO 3 Havelock Rd 678-3,229 509 359 950 99-yr Avalon Pidemco Land 10 Anderson Rd 958-4,241 82 48 1,620 FH Gardenville FEO 10 Walshe Rd 1,350-4,760 56
        294 words
  • Page 32 Advertisements

  • SHIPPING TIMES
    • 284 33 Bridge News, Reuters CONDITIONS remained largely unchanged on the dry cargo freight market. Owners were said to have been disappointed that panamax rates had not made more headway in the Atlantic, particularly from South America where chartering activity was greatest. The Baltic Dry Index (BDI) rose four points
      Bridge News,; Reuters  -  284 words
    • 289 33 JNR; <Q00 ■jrg »♦/-*> CWT Distribution 103 -0.06 26 Chuan Hup 0.41 0.01 1162 Cotco mya tlmtil 0-21 0.01 195 C6Hoio^» l 073 UTKh 4> 6 H4 Sun Hup 0.76 004 234 IMCHoMnqi-HK 5.60 unch 0 J«y< HoMnOi 0.19 unch 299 K*00vtbrfc. h—4.10 0.04 1570 KwK rt LS
      289 words
    • 584 33  -  Those who do not move in may miss opportunities as region recovers Reports by Donald Urquhart [SINGAPORE] Companies that are not already engaged in the region were yesterday urged to take advantage of the recovery of Asian economies, or miss the boat. Minister
      AFP  -  584 words
    • 386 33 [SINGAPORE] A digital culture and the revolutionising power of the Internet were not lost in the minds of shipping industry executives attending a conference yesterday. A top shipping executive warned that "any country, business or individual who has not swiftly geared
      386 words
    • 339 33  -  Interim surcharge comes into effect from May 1 By\ Donald Urquhart [SINGAPORE] Carriers belonging to the Westbound Transpacific Stabilisation Agreement (WTSA) are introducing an interim fuel surcharge, effective May 1. The interim fuel assessment (IFA) levy will amount to US$BO (Ssl36) per 40-foot
      339 words
    • SHIPPING standards
      • 1133 34  -  The negative public image of shipping has produced widespread concern about quality and safety in the industry »y Olav Eek Thorstensen The writer is managing director and CEO of Thome Ship Management Pte Ltd, Singapore. This article first appeared in the Port of Singapore Magazine THERE
        FILE PHOTO  -  1,133 words
    • 192 34 PACE Delmas 4 AC i 6 Djak Lloyd 8 ANL j Dongnama 3 8 Accord 8 Eastrans 6 Appenship 5 ECL Austral 8 ECU line 6 Balaji Shpq 5 Evergreen 6 BSA 7 EoongSun 8 B'tang Mas 8 CLink A CCMI 7 Gemartrans 6 CMA 8 Hangii
      192 words
    • 17843 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vhu< Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Desfn Nam* Heme Number Number SIN Destn Name Name Number Number 13/04 09/05 KienHung FREEDOM CONTAINER FR002S 65 *****33 To ABIDJAN (ABJ) 2003 Cot# D' I voir* n/04 m/os csav csav santos
      17,843 words
    • SHIPS IN PORT
      • 707 44 Vessel Voy No Barth Arrival Departure Bt Bt Jaya ***** 'jOI 29/03/900 29/03/16.00 8t JaftalrahJ ***** J01 29/03/8:20 29/03/23:59 etc MofWXJ 00/01 J07 29/03/7:45 30/03/800 Labfoy 139 NC/35 J02 29/03/800 30/03/800 Surya Netpra MAR-01 J02 29/03/6:40 29/03/23:30 Baystar 1 2013 J07 29/03/8:50 30/03/600 EM 2 32 J12 29/03/12:20
        707 words
      • 1922 44 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/BtUnce Ritls Ship Voy No Etb/Btr Ptrlod Fro« From achiever w vum i* twsoo n/tut n/mo 29/1500 29/M59 tvmo U 19/1700 30/0459 JO/WOO a 29/1700 30/0*51 )0.?XX 1 10/0700 30/189 JO/MOO 4 30/1200 30/1459 10/1700 ASL 21 49 SN )«2Mt
        1,922 words
      • 200 44 Apr 3 Taiwan: Women Children's Day. Apr 4 Hongkong: Ching Ming Festival. Indonesia: Hari Raya Nyepi. Taiwan: Ching Ming Festival. Apr 5 Korea: Arbor Day. Apr 6 Indonesia: Muslim New Year. Malaysia: First Day of Muslim Calender. Apr 0 Philippines: Day of Valour. Apr 20 New Zealand: Market
        200 words
      • 791 44 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesteed stem. Market movements are Indicated. The Cockett Bunker Price Index change and the individual
        791 words
      • 336 44 Carton 180 Max 992.2 0.9 15.9 0.10 90 0.06 m— 23 Denslt* Water IttldM Ash Aluminium Sediment No AON E2S 4 0 5 0 2 0 380 AM 9(7.4 0J 14.0 0.06 40 0.03 380 Mu 995.5 0J 17.9 0.09 87 0-07 tt/WI %¥/V M/M M/M
        336 words
    • AIR & LAND transport
      • 312 45 Bloomberg [PARIS] Airline passenger traffic in France grew 8.9 per cent last year from the year before, outpacing the pace of growth in plane takeoffs and landings, indicating airlines in general used larger planes to transport travellers. In 1999,94.4 million passengers flew
        Bloomberg  -  312 words
      • 202 45 AP [SEATTLE] An airline that serves part of western China has ordered three Boeing 757-200 aircraft, The Boeing Co said. The planes will replace three Next-Generation 737-700s that had been ordered by China Xinjiang Airlines in June 1998, Boeing spokeswoman Marta Newhart said on
        AP  -  202 words
      • 274 45 Reuters [LONDON] German carmaker Volkswagen AG tried to quash media speculation that production of the Rolls-Royce luxury car was under threat, saying it was committed to the marque until January 2003. VW, which bought the rights in 1998 to manufacture both Rolls-Royce and Bentley,
        Reuters  -  274 words
      • 434 45 Low-cost carriers will show substantial growth as they have become an integral part of market: report Reuters [GENEVA] Air passenger traffic in Europe is expected to double over the next 15 years with Britain remaining the dominant market, according to a new report.
        Reuters; FILE PHOTO  -  434 words
      • 324 45 AFXAsia [HONGKONG] The Civil Aviation Administration of China's (CAAC) move to place domestic airlines under a ticket revenue-sharing scheme on about 100 domestic routes is expected to have a positive impact on China Eastern Airlines and China Southern Airlines due to
        AFX- Asia  -  324 words
      • 208 45 Joint venture aims to provide complete aircraft overhaul services Bloomberg [AMSTERDAM] United Technologies Corp and KLM Royal Dutch Airlines NV said they want to expand their partnership for maintaining and rebuilding airplanes, with the goal of providing "nose to tail" aircraft, component and engine
        Bloomberg  -  208 words
      • 1549 45 CTTY FUGHT ETA FUGHT ETO WW 2335 MM* M73M 1)30 8A7382 2055 MMIM SOW 830 S0990 OTTO Of81 1990 0f82 2055 GmduUm S0803 1910 CZ352 0910 AW229 2230 C2351 2045 S0804 1020 OIO **740 MB ***** 2230 SOVWft #35 Amsltrtam K***** 1455 GA9*8 0130 WT743 I92S
        1,549 words
    • LOGISTICS page
      • 606 46  -  Centre will provide value-added services for the many chemical companies located there, reports Ann Toll Ann Toh Logistics provider cwt Distribution is to invest $30 million to build a 15,000-square metre chemical logistics centre on Singapore's Jurong Island. The
        606 words
      • 277 46  -  Online logistics system Tr&nsLink will monitor all stages in shipment By\ Donald Urquhart [SINGAPORE] Optimum Logistics Ltd has announced plans for what it says is the first Internet-based open logistics system for bulk materials. Called TransLink, the online logistics system organises and monitors
        277 words
      • 267 46 [SINGAPORE] Global satellite network owner and operator Inmarsat Holdings recently announced plans to develop a business-to-business, e-commerce venture offering interactive trading to maritime buyers and selected suppliers. The venture will offer shipowners and managers access to a community of suppliers through one Web site, enabling
        FILE PHOTO  -  267 words
      • 174 46 [SINGAPORE] FedEx has won the best total logistics operator award for the fifth consecutive year at the Asian Freight Industry Awards. The world's largest transportation company also received top honours as the best all cargo airline and best air cargo carrier in North
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  • Page 33 Advertisements
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  • Page 34 Advertisements
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    • 697 34 Lines services represented to** by Members of the Registry of Members of the Accredited Shipping Agents, Singapore Logistics Association S'pore National Shipping Assoc. Q ULY UNE MALE VESSEL VOY ETA [~ITA flu P. KLANG SPORE KALE Empress Lify VO3OO 02/04 03/04 10/04 Princess lily VO3OO 18/04 19/04 27/04 Empress Lily
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  • Page 35 Advertisements
    • 2533 35 SAX SERVICE (DIRECT) vesa vor sura lux I oak I pai 1 hou \q* [eg \m* m ktc ATI SARDONYX 019 C 30/03 13/04 U/M 11/04 11/04 It/04 IS/04 11/04 19/04 19/04 AftTOUMAAIM 0331 05/04 20/04 25/04 25/04 25/04 25/04 ~8/04 8704~~2>704 »/04~ 0191 12/04 27/04 02/05 02/05 02/05 02/05
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    • 369 35 YESSa VOY SIX PKG VOY SIN HKG KEL USW WIS IMTdBUMtt 004S 27/03 21/83 0041 30/D3 03/04 OS/D 4 07/04 07/ M fenßttOlie QMS OVP4 04/S r HYMOAISPWITH 030S 31/03 07/ M M/ 04 11/ M 11/D4 ttS W/B H/M IwClStui QMS offi wffi] *au» om 01/ M 05/ M
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  • Page 36 Advertisements
    • 1515 36 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANApA Vtssa ¥0Y »T liM HTM ANB HAM IHV HJ VtSStL WW SM GIT Sft FOS W.C MTB HANJIN WILMINGTON 0011W 79 S3 15 04 17 M 1104 ISM il M »M WASHINGTON SENATOR OS44W 30W 16 04 IS M 21 04 22 04 30
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    • 734 36 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS MULUMO. MUNBAICOLOHBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I C O POMTS Vessel S PORE N SHEVA COLOMBO f KLANG CAPE CREUS VIO4W 02 APR 11 APR II APR 22 APR CAPE CANAVERAL VI2IW MAPR II APR 23 APR 21 APR TULSIOAS
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  • Page 37 Advertisements
    • 1759 37 VESSEL VOY KHH HKQ SIN PKO PXB DMM BA I BIK IRAN SHAHRYAR PCL-146 29/03 31/03 04/04 05/04 15/04 16/04 18/04 20/04 IRAN BAABAEI PCL-149 05/04 07/04 11/04 12/04 22/04 23/04 25/04 27/04 IRAN SEESTAN PCL-150 12/04 14/04 18/04 19/04 29/04 30/04 02/05 04/05 IRAN TABATABAEI PCL-151 19/04 21/04 25/04
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    • 1026 37 EUtOPf EXPRESS SHtVtCI EXPORI i M f*ORT g&g ,VL £!L JUL ML JUL ,ftL ml. m IJI. km l,M.i.WLiJir b»"» -m ffiSSU IS iSS ;Mih.ffiM.M Wo*3* 09 05 ?t 05 21/ OS 29/05 30/0 S j 31/05 101 0* HJ OSLO OOSf 13 04 15 Wig 04 ?0 04 07
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    • 1425 38 europeajk/scahdinavia/finlamo/russia SGP rdm ANW HSG THP ZEE LHV LHV THP ROM AHW HBG PKL SfiP E DIADEM RW-010 01/D4 20/04 26/04 22J04 24/04 25/04 26/04 E. ROUND RE-041 09/03 11/03 10/03 12/03 14A13 02AM 83^4 i dSc RW 009 OMM 27* M W* 01/05 02*5 03AK E. RESULT RE-029 16/03
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  • Page 39 Advertisements
    • 403 39 BSA x mm. MYANMA I WBk FIVE STAR LINE (Myanmor National Line) 1 Loading for Yangon vissa VOY SM PRL PEN PGU HPA-AM 2A7W SU> SAGAJNG 66W SID MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES RUL Til (03)*****00 PRL: HI (03) *****01 rot m (04) *****02 PGU: TO (07) *****21/4 BANK LINE
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    • 1175 39 HMNE* HYUNDAI MERCHANT MARINE_CQ II _LTD. VOY SM I SOU I LBI VIM I ANT HAM BRV FEL IVPSa VOY I SOU 1 181 I WRR AWT WMR 1 BRV W _SB_ PLAIMAMMI 314W 30/W 17/04 22/04 19/ M 20/04 NOIAMA2OMII 0271 06/03 11/03 06/03 09/03 30/03 rw S36W 31/03
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    • 655 39 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE* VKSB VOY RAMP HEIGHT SIN IK MAO MIA SAV |Ml I Q«f I MYC I NEW HOI TfXAS AHOOB 4001 MS ~4JI ***** 10/0S 19/05 22/05 24/05 24/05 27/05 29/05 02/06 06/04 TOtA AHOO9 4001«b 4.3 M 29/04
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  • Page 40 Advertisements
    • 1707 40 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINED SERVICE vs vonr wg mi m m stp me m *a USUUI m QMT *\m «/04 11/ M IS/W l»/»4 PCWHSMM ~»T O*T OS/M ls/i i*/S H/S »r rvorr jsT u/xn/w i;/w n/oi »/w «/w «nanuic jjT \im i»/o« w/ts n/w FEEDER
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  • Page 43 Advertisements
    • 59 43 '0 KYOWA LINE STL CONTAINER LINE Direct Breakbulk/Container/LCL For Services To Service to Vietnam Calcutta Manila/Cuam/Saipan Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri Pg 7 See Page 7 Daily STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL m c t c -p New Europe To EAST MALAYSIA L ASTI
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  • Page 44 Miscellaneous
    • 122 44 a J» JJ2 J LEGEND: issued by Meteorological Service Singapore K Thunderstorm Rain Temperature Wjnd (jirection and speed in knots A Weather Cloudy Day Wind speed symbols Sea Condilions O Full circle w/o line indicates calm or light and variable winds J h, 2m -l—One halt fleche represents 5 knots
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  • Page 46 Advertisements
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