The Business Times, 11 April 2000

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Total Pages: 42
1 42 The Business Times
  • 12 1 THE BUSINESS TIMES 85* SINGAPORE I Internet: http://business-times.asial.com.sg/ TUESDAY, APRIL 11, 2000
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  • 698 1  -  Separate licensing of financial institutions under review; roles for Internet banks soon Byi Conrad Raj [SINGAPORE] Financial liberalisation, globalisation and the convergence of financial services are forcing Singapore to rethink its current regulatory rules and the separate licensing of financial institutions. And in view
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  • 501 1  -  Biggest drop is for commercial vehicles whopping 70% Byi Christopher Tan [SINGAPORE] Read and weep, those of you who bought a car or truck in the last 12 months. COE prices have plunged, with premiums making five-digit corrections in the latest tender.
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  • 72 1 (AUGUSTA, Dreams came true here for Vijay Singh, a golfing pro from Fiji schooled in adversity and disappointments. Showing great determination and playing some clever mind games, he pulled a surprise to clinch the prestigious US Masters golfing title here on Sunday. In the picture
    REUTERS  -  72 words
  • 724 1  -  Settlement will see Tar Liang buying Tar Cholines stake for $120 m By l Conrad Raj [SINGAPORE] The feud in the Lam Soon family, which owns some of Singapore's well-known household brand names, is being settled out of court with the younger brother
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  • Page 1 Advertisements
    • 89 1 nigra BT Comment Why the Nikkei could hit 25,000 in a year 0€90.Pg4 Arcasia Land competes unfairly. I*g 10 Top stories R&D spending jumps 12% to $2.8b. Next Pmgm Simiian.com gets foothold in Greater China. Pg 4 SiA gets NZ govt nod to buy 8.3% of Air New Zealand. Pg
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    • 7 1 Govt to pump up e-commerce, Pg 7
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    • 68 1 i i g^^W^BAMlfl You never f PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it |j \^*^fl^H for the next gene rat ion. Begin your own tradition. ft Officer's Calatrava-ref. 5022 Roy Eastern Watch #01 06/88 #01 74 Lucky Plaza 304 Orchard Road Singapore *****3 Tel:
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  • NEXT page
    • 439 2  -  S'pore on track to hit target of 2% of GDP this year, well ahead of ratio set for 2005 By. Raju Chellam [SINGAPORE] Singapore's spending on research and development jumped 12 per cent to $2.8 billion in 1999 and is likely to meet the
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    • 667 2  -  I-I i comment TECHNOLOGY It takes more than Just money, and Singapore has what tt takes to become a good RAD hub raju chellam First, the good news. Last year, Singapore's research and development (R&D) scene didn't do too badly. Gross expenditure on R&D (Gerd) touched
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    • 509 2  -  Wide range of issues discussed, including globalisation and IT From* Quak Hiang Whai in Beijing PRIME Minister Goh Chok Tong kicked off his official visit to China yesterday with a round of talks with Chinese Premier Zhu Rongji at the Great
      AP  -  509 words
    • ON THE grapevine
      • 82 2 HERE'S an example of the Singapore frame of mind at work. Last week, the education ministry said it will launch an annual programme to promote science. This is well and good, though the name of the programme the Singapore International Science Teachers Programme, or
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      • 97 2 WANT to get better seats on Singapore Airlines? Try throwing a tantrum. A couple who flew economy class on SIA on Valentine's Day made a big fuss when they found out that they could not sit together. They insisted that the cabin crew get another couple to
        97 words
      • 79 2 1-NET chief executive Mock Pak Lum related yesterday how he's a little upset at his company, which provides the network infrastructure for the Singapore ONE high-speed Internet access, being confused with listed printing and multimedia company i-One. At a family gathering, one relative was
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  • Page 2 Advertisements
    • 272 2 JLlhe Hull MBA OF HULL MBA (General) 28th Intake "Ranked Among Starting in Singapore May 2000 MBA (Investment Finance) 10th Intake \^V.oo£!n? 00 Universities, 1999" Starting in Singapore May 2000 UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" PhD MA/BA Doctor of PMlwophy h BuriweM > Mfrit BHjyilHjfß Communication
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  • Page 3 Advertisements
    • 210 3 Securities and Futures ife. -idife' iirtiiwß iMMßßfci' wifca tw«K Ib^mhhH 11 i' i 7 r >iiiiT i #p^ph#i jpi I j*.- titi j. -J.*.»i f.-/ „>.' j. i i iTf '"■>& r < s— Wr Cr-—r- iiSpkpS .5?-.' J^a| ii"^ K-. jfcjM J00&' m Yott'ifeaboiit J^nliiiiii>^igimW^TOMWWlM^H^WM^^^^^^^^^B Early on, you recognised
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  • SINGAPORE companies
    • 540 4  -  P»ii exclusive E-commerce specialist to expand to China, Taiwan, Philippines by Jnne From< Quak Hiang Whai in Hongkong FAST-EXPANDING Singa-pore-based e-commerce specialist Similan.com is establishing a foothold in Greater China with the latest launch of its Hongkong operations today, part
      FILE PHOTO  -  540 words
    • 209 4 KEPPEL Corp Ltd has bought five million of its shares over a one-month period to boost shareholder value. The shares were bought at between $3.38 and $4.16 from the open market, Keppel said in a statement yesterday. This brings the total number of
      209 words
    • 274 4 SINGAPORE Airlines yesterday said the New Zealand government had given it the nod to buy up to 8.3 per cent of the share capital of Air New Zealand Ltd in the form of B shares, much less than
      FILE PHOTO  -  274 words
    • 244 4 SINGAPORE Airlines yesterday said it will suspend buying back its shares from April 19 to May 19 because it will be announcing its final results on May 19. The company was in the market yesterday to buy back 16
      244 words
    • 252 4  -  By, Jennifer Lien CHIP assembler Fastech Synergy has posted first quarter net profit of 66.06 million Philippine pesos (Ss2.B million), more than quadrupling the amount a year ago. This follows an 11 per cent fall in first-quarter net profit last year to 14.53
      252 words
    • 839 4  -  WW* lock siew anthony rowley THE Tokyo stock market has remained resolutely strong in the face of recent political turmoil and the fact that Japan's economy fell back into recession in the latter half of 1999. This is in
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    • 449 5  -  They offer higher yields than bank deposits, are less volatile than equities By Larry Wee ASIAN fixed income assets are an attractive alternative to more volatile equity investments, and they will grow in importance in terms of size and better credit
      Source: ABN Amro Asset Management, Reuters  -  449 words
    • 301 5 IN a move to speed up its entry into the world of dotcoms, Freight Links Express Holdings yesterday said its subsidiary Freightlinks.com will invest $4 million in a joint venture to market, distribute and operate a portal for the autoparts and accessories trade.
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    • 329 5 The acquisition of Reel Service will provide Asti with a global network of facilities ASTI Holdings Ltd, a semiconductor equipment manufacturer and service provider, is acquiring a 60 per cent stake in a Scottish company for £2.5 million (Ss6.B million). The company,
      329 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • 81 5 Premium Automobiles /XW> u». 0m.u.^... W'.. i Distinctively sporty, the new Audi A 4 leads not just in the J kit'. 1 mm looks department but also performance wise with a greater choice of engines. Top of the line is the 1.81 turbo. Visit t t your new Audi partner
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  • SINGAPORE markets
    • 530 6 Stocks Volume LafeTech US4c 19,279,000 JurongTech 10c 15,184,000 DBS Land 7,611,000 MediaRing 10c 6,919,000 SingTel 15c 5,869,000 GES Intl Ltd 20c 5,521,000 NOL 5,435,000 TACBt***** 5,175,200 MMI Hldgs 10c 4,985,000 Fastech USlOc 4,327,000 Stocks PacrficCentury 55,309,900 DBS Grp 39,201,168 Chart Semiconductor 26c 33,411,800 TACBM0200 27,471,680 Nat Elec 10c 24,265,237 SPH
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    • 574 6  -  STOCKS v.sreenivasan SINGAPORE stocks moved sidewards in very quiet trading yesterday as investors held back from taking positions ahead of the release of key US economic data this week. After starting on a positive note with key blue chips rising to
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    • 207 6  -  WARRANT WATCH By' V Sreenivasan THE shares of Singapore Airlines are beginning to show signs of recovery after their recent dive on reports that the company had stopped supporting the stock at $15.90. The stock yesterday rose to a high of
      207 words
    • 252 6  -  HOT STOCK By Wong Wei Kong SHARES of chip maker Chartered Semiconductor Manufacturing dived in active trading yesterday, with the stock ending as the session's third biggest loser and among the most heavily traded issues. Chartered shares closed down 70 cents or 4.7 per cent
      252 words
    • 142 6 ♦Huan Hsin announced that the company has increased its capital contribution in Shanghai Yi Hsin Industry Co Ltd and Shanghai Zhan Hsin Ind Co Ltd, the wholly owned subsidiaries of the company, by US$2.5 million (554.3 million) and US$lOO,OOO respectively. The company also proposed to increase its investment
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    • 324 6  -  I-ll comment CURRENCIES larry wee AN impressive 4.2 per cent recovery in the Nasdaq Composite Index last Friday lent a better tone to the US dollar in Asian trading yesterday, with the Japanese yen bearing the brunt of losses despite a good-sized gain
      324 words
  • Page 6 Advertisements
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    • 17 6 Making smart education choices begins with i The Straits Times i Classified. j m Classifications 703-794: Education/Training
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  • SINGAPORE news
    • 371 7  -  Aim is to raise proportion to l-in-4 from l-in-25 in 2-3 years' time By Conrad Raj SINGAPORE plans to raise the number of small and mediumsized firms doing e-commerce here from one in 25 now to one in four in two to three
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    • 295 7  -  Ki^oi^n^economy jobs By Marina Chew THE volume of job advertisements continued to climb in March, rising 73 per cent over the same month a year ago. March last year was the first month that job ad volume started rising since the regional economic crisis
      Source: SFH  -  295 words
    • NEWS Roundup
      • 64 7 i riK rroauctivity ana standards Board (PSB) is leading a biotechnology mission, made up of local companies, to Belgium and the Netherlands. The mission, which left last Saturday, will end on April 16. Henry Heng, PSB general manager for workforce and local enterprise, heads
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      • 76 7 THE setting up of the first print institute in South-east Asia here will breath new life into print-making in Singapore. And it is with world-renowned master printer Kenneth Tyler that the National Heritage Board is tying up with to set up Singapore Tyler Print Institute
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      • 46 7 KLEGAL International, one of the world's biggest law networks, will be launched this month. It covers law firms in about SO countries. The network is a parallel organisation to KPMG International. About 1,600 lawyers are expected to join KLegal.
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    • 531 7  -  Byi Andrea Tan, Eugene Low JUST a year after The Singapore Expo opened its doors, exhibition space there may be running out for the bigger events. For the coming CommunicAsia, the organisers are even setting up tents outside the halls. The $220
      SIEW YAW HOONG  -  531 words
    • 428 8  -  Plan is to create global virtual tyre trading community, says CEO of the local company By Toh Han Shih MINDTRAC.COM, a local company started this year, has set up an Internet exchange in Singapore to provide the world's tyre industry with a platform for
      428 words
    • 385 8  -  By Andrew Wee YOUNG IT startups can get connected to the Net at half the existing network charges at Singapore's first broadband-enabled industrial park launched yesterday. The new industrial park, e-biz Chee. is a joint venture between DBS Land and 1-Net Singapore which operates the
      ARTHUR LEE  -  385 words
    • Article, Illustration
      539 8  -  uornpiwQ Dy Aaron Lye Synopses of Singapore International Film Festival movies being screened today Ratcatcher R(A) —Lynna Ramsay (UK) Grand Prince, United Artists, Beach Roed, 7pm, 93 mint Tickets: Available Set in Glasgow, mid-1970c. While a dustmen's strike grinds on, We at home tor 12 year-old Jamee la
      539 words
  • Page 7 Advertisements
    • 199 7 r 9 A Vewards come easier now with Asia's most exciting travel reward programme. Enrol in Asia Miles between 15 February and and 31 May 2000, and you'll enjoy sweet rewards such as 3,000 bonus Asia Miles (in addition to your normal accrual) as well as a chance to fly
      199 words

  • Page 8 Advertisements
    • 35 8 The Leading Health, Beauty and Fitness Website in Asia. ezyhe^akh^om What's keeping the men up all night these clays? Sexual Health Alternative Medicine Ask the Doctor Medical Resource Library Health Mall Drug and Disease Search
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  • MAIL bag
    • 250 9  -  Denis Distant Singapore IT WAS with disbelief that I read R Sivanithy's article ("SIA share buyback poorly executed", BT, April 8) and await with interest SlA's explanation for the way the buyback plan has been executed. In fact, as a long-time supporter
      250 words
    • 554 9  -  Mak Yuen Teen Singapore I REFER to the article "Comfort out to carve a niche in local courier market" (BT, April 7). The Comfort Group comes across as a company with no clear vision of what it is or what it wants to be. It now wants to
      FILE PHOTO  -  554 words
  • Page 9 Advertisements
    • 361 9 f£ r rj f i ->J Af >>J-\l.£ I I distinctive I I FINISHES l "ggy t I I r <?► *j jr I I I I •Prominent development 1 I at Eunos Kaki Bukit with I I high visibility I I 'Minutes away from juf WmlP I^l I Eunos
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  • FOCUS property
    • 654 10  -  •I comment PROPERTY JTC subsidiary has access to Information not available to private sector lee han shih IN a recent interview, the person many see as the future boss of Jurong Town Corporation gave strong hints that she intends to shake up the statutory board. Should
      654 words
    • 305 10 Sime Darby Land offers 15 bungalows to non-Malayaans [SINGAPORE] Fancy the fragrance of durian wafting from your garden? The developer of Planters' Haven in Negeri Sembilan in Malaysia must have had durian lovers in mind when they planned the bungalows there. Each owner
      305 words
    • 381 11 Loodoo mulling its plan, one of five, to transform Miitennmiq Dome into giant complex FT [LONDON] A consortium led by Country Heights Holding Berhad (CHHB) has offered to invest about £1 billion (552.71 billion) to transform the Millennium Dome into a
      FT  -  381 words
    • 213 11 British group plans to build 365.8 m tower on bank of River Thames Reuters (LONDON] A British property group said yesterday that it proposed to build a 365.8 metre, 87-storey tower on the south bank of the River Thames which would be Europe's tallest
      Reuters; REUTERS  -  213 words
  • Page 10 Advertisements
    • 208 10 y V C* H City Cross Shopping Centre I Rundle Mall, Adelaide, South Australia I I Situated in the heart of Rundle Mall, Adelaide's I busiest shopping precinct I Improving overall tenancy performance and strong V I tenancy mix including: Jacqui E, Fletcher Jones, Rivers, J* *0' I OPSM, Bras
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    • 257 10 MARYLAND PARK MARYLAND POINT PRIME FREEHOLD SITES WITH SEAVIEW FOR SALE BY TENDER «[Q T1 W'iss I \a -A \Zsg=: I I xj c I V I I 1 «o*°ii \t\ JCX '<*~r yjfr —I j i. vSTELmt *~j If i (Landed Homing) <// 3 3\ xK^, ,2gr /|U>(Landed Homing)
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  • Page 11 Advertisements
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    • 239 11 Collective Sole of Fober Hills Condominium Large Freehold Site in West Coast/Clementi Area Land area 247,770 sq ft Plot ratio 1.6, up to 10 storeys Near NUS, Polytechnics W 1 Science Park Easy access to expressway TT yy\\ (Subject to STB's approval, if a aSS7 y required) For Sale By
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      406 words

  • GREENSPAN speech
    • 2153 12 The following is the full text of Federal Reserve Bank chairman Alan Greenspan's speech issued in Washington last Friday on Technology Innovation and its Economic Impact to the National Technology Forum Reuters S AM pleased to be able to speak before your third annual National
      Reuters  -  2,153 words
  • Page 12 Advertisements

  • e News
    • 528 13 TOKYO Sale shows tech firms can still tap vast sums, even as industry darlings stamp Bloomberg ORACLE Corp Japan and its US parent, the world's largest database software maker, raised 797.6 billion yen (5512.8 billion) in Japan's second biggest
      Bloomberg  -  528 words
    • 155 13 LONDON Reuters SIX leading derivatives dealers said yesterday that they planned to form a joint venture to create a network for online trading of over-the-counter interest-rate derivatives. The six dealers Chase Manhattan Bank, Citigroup, Deutsche Bank, J P Morgan, Morgan Stanley Dean Witter
      Reuters  -  155 words
    • e Briefs
      • 102 13 Reuters [LONDON] Banks that led the 2.9 billion euro (Ss4.B billion) initial public offering of Dutch-based Internet service provider World Online are pressing chairman Nina Brink to quit, the Financial Times reported yesterday. The banks saw her departure as the best hope of
        Reuters  -  102 words
      • 75 13 Reuters [FRANKFURT] German Internet service provider T-Online's initial public offering is substantially oversubscribed with only a few days of its subscription period remaining, a German paper reported yesterday. Citing "informed sources", German business daily Handelsblatt said that institutional investors had hungrily snapped up the
        Reuters  -  75 words
      • 70 13 AFP [HONGKONG] News Corp's satellite television network Star TV yesterday said it will set upa Korean satellite service with Dacom Satellite Multimedia System (DSM) and SK Telecom Hongkong-based Star TV said in a brief statement that the consortium, tentatively named Korea Satellite Broadcasting
        AFP  -  70 words
      • 56 13 Reuters [LONDON] Sofware and video games retailer Electronic Boutique yesterday said it had signed a major online and offline marketing and distribution agreement with AOL.UK. In a statement Electronic Boutique said it would distribute Netscape Online, which will become its exclusive Internet service provider,
        Reuters  -  56 words
      • 75 13 Reuters [SEOUL] LG International Corp yesterday said it and five other South Korean companies have agreed with Commerce One Incofthe United States to launch a joint venture in May to build an Internet portal for online business activities. The companies, including Dacom, signed a
        Reuters  -  75 words
    • 279 13 TOKYO AFP A VENTURE capital unit of Japan's Hikari Tsushin yesterday indicated it may fail to meet its target of launching 30 initial public offers this year, as the firm takes a mauling on the bourse. The stock of Hikari Tsushin,
      AFP; Source: Bloomberg  -  279 words
    • 489 15 LONDON Long waiting list for mobile phones as newspapers rush to format their content NYT THIS is a city ravenous for news and mobile communications, with more than a halfdozen national newspapers and nearly half the population owning cellular phones. So
      NYT  -  489 words
    • 263 15 PALO ALTO, California Reuters THERE are 440,000 restaurants in the United States, and soon, you will be able to locate every one of them from a single 800 number. No, this isn't some sort of monster index, but another new Internet startup that is
      Reuters  -  263 words
  • Page 13 Advertisements
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    • 284 13 recognizing NEC as iM(BP a premier system integrator ■ft- conferring upon us the |W HDB Quality Award Year2ooo When HDB wanted a PABX system installed at 6 of its branch offices, it turned to the proven reliability of NEC Singapore Re SjjßP 5 Ltd. Apart from providing and maintaining HDB's
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  • Page 14 Advertisements
    • 320 14 INVESCO INTRODUCES A CHOICE OF WORLD-CLASS FUNDS FOR YOUR LONG-TERM FINANCIAL PLANNING v- p v Z J Tsf'% U V V Am, C* v-» "v v V 4. ">* A s V -v ,y > -J* .v-*" P v- A ■■L Successful investors know the importance of a diversified portfolio
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  • Page 15 Advertisements
    • 358 15 exactly what serious v GOLFERS WAN#*ROM AN IRON. WHICH IS WHY'.WE MAKE TWO OF THEM. ,iff *7"; r ML**- V 7jn r M.,.n I'jit 'Ai«l l<t I .<>•».: (tudi t« (.itt n I jir».i>« N I M...PP-U U-n», R~ '?M| I'lj/j V tin,.i I• I 'nh Ul.iiul huikm I luh
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  • EDITORIAL & opinion
    • 776 16  -  wm bottom line OPINION leon hadar The writer is BT's Washington correspondent THE inflation hawks have been warning him that the economy is roaring beyond its limits rising oil prices, tightening labour markets, overpriced stocks and that it is time for him to take
      776 words
    • 133 16 'Mr Estrada is already killing the presidency better than any would-be assassin chairman of the May First Movement, a trade union, dismissing claims that Philippine President Joseph Estrada is under threat from an assassination plot. 4 What they see is an America that has the ability to
      133 words
    • 599 16 EDITORIAL NO less than master hedge-fund manager Julian Robertson confessed that the so-called New Economy has given rise to "a market which I frankly do not understand". Indeed, it can get pretty perplexing as prophets and marketeers alike flog their myriad interpretations. But some patterns are
      599 words
    • 773 16  -  Joint effort to address issues such as Internet security, taxation, tariffs and intellectual property rights is argent By Robert Hermats The writer is vice-chairman of Goldman Sachs (International) FT SO FAR, the Internet has enjoyed a largely untaxed and unregulated environment
      FT  -  773 words
    • 856 16 Foreign capital WE welcome the successive advancement of foreign capital into Japan, rather than worrying that it represents a reflux of Japanese capital, since such business alliances will help maintain domestic economic activities, including employment opportunities and orders to sub-con-tractors. With the progress of globalisation in
      856 words

  • MALAYSIA news
    • 648 17  -  deal CEO discloses listing plans for Time Online, Time dot Com, Pins and Prolink From. Eddie Toh SINGAPORE Telecommunications' deal with Time Engineering group has helped speed up Renong Bhd's bid to be totally debt-free by the first quarter of next year.
      648 words
    • MARKET moves
      • 56 17 PRESTAR Resources bucked the market trend yesterday, jumping 50 sen to RM7.60 following a bullish report issued by CIMB Securities. The broking house said the second-board steel manufacturer was trading at an undemanding price-earnings ratio of 10.8 times—a steep discount to the market average of over 20 times—for
        56 words
      • 84 17 MALAYSIAN Resources Corporation Bhd (MRCB) shed 12 sen to RM3.98 on concerns that it may not get a substantial stake in Commerce Asset-Holding Bhd. Renong boss Halim Saad said he might swap the group's 12.25 per cent holding in CAHB with Plus bondholders in a bid
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      • 65 17  -  Compiled by Eddie Toh DEBT-LADEN Hicom Holdings closed unchanged at RM2.30 despite speculation that national oil company Petroliam Nasional Bhd may not be keen to use Proton to buy its car distributorship, Edaran Otomobil Nasional Bhd (EON). But with the national drive to consolidate the car industry, analysts
        65 words
    • 543 17 KUALA LUMPUR Foreign players, with RM5.9b pumped in, will be drivers KEEN competition is expected in the telecoms industry here, with foreign players now estimated to have invested up to 5.9 billion Malaysian ringgit (552.7 billion) in telcos, including the latest Time-Singapore Telecommunications
      543 words
  • Page 17 Advertisements
    • 16 17 TRAVEL GUIDE The Straits Times Classified. Classifications 573 587. {cms] Bay It. Sdl h. Find It.
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      153 words

  • REGIONAL news
    • 699 18  -  It's in talks with GIC on sale of significant stake in IPO slated for next month Prom Shoeb Kagda in Jakarta IN a clear sign that Indonesia intends to push ahead with its asset disposal programme despite unfavourable market conditions, the
      699 words
    • 388 18 JAKARTA The three will have to temporarily quit, he says AP, AFP PRESIDENT Abdurrahman Wahid says three members of his cabinet are under investigation for alleged corruption and could resign soon, a newspaper reported yesterday. "Nobody is above the law," Mr Abdurrahman said in
      AP,; AFP; REUTERS  -  388 words
    • NOTE Book
      • 92 18 Bloomberg [HONGKONG] Morrill Lynch Co was "severely" reprimanded by Hongkong's securities watchdog for inadequate supervision of trading in equity warrants. The Securities and Futures Commission and the Hong Kong Futures Exchange Ltd said in a Joint statement that three Merrill units were reprimanded after
        Bloomberg  -  92 words
      • 65 18 AFP m -w a w [HONGKONG] An international business conference planned for Hongkong has been cancelled because of concerns over the territory's worsening air pollution, a tourist official said yesterday. A European-based organisation has shelved plans for a conference involving 250 sales and marketing executives
        AFP  -  65 words
      • 66 18 Reuters [BANGKOK] Thai Finance Minister Tarrin Nimmanhaeminda ruled out local press reports he would sack central bank governor Chatu Mongol Sonakul, The Nation daily reported yesterday. "Nobody is going to be removed at the moment," Mr Tarrin told The Nation in an interview. "If
        Reuters  -  66 words
      • 72 18 AFP [MANILA] A massive power outage left about 16 million people without electricity in the southern Philippines island of Mindanao yesterday, prompting the military to begin investigations into a possible Muslim rebel sabotage, officials said. National Power Corp engineers tracked the immediate cause to the
        AFP  -  72 words
    • 482 18 BEIJING Move prompted by PetroChina's dismal debut in Hongkong Reuters Bloomberg, CHINA Petroleum and Chemical Corp, or Sinopec Corp, a unit of China's largest refiner, will scale back and possibly delay its initial share sale plan after PetroChina Co's poor debut on
      Reuters; Bloomberg,  -  482 words
    • 313 18 HONGKONG Analysts welcome move that will create HE'S largest property agency Bloomberg CHEUNG Kong (Holdings) Ltd, Hongkong's largest property developer, agreed to merge its real estate agency unit with Midland Realty Ltd, creating Hongkong's largest property agency. Midland Realty, which has 148
      Bloomberg  -  313 words
    • 287 18 ■BOMBAY AFP, AP SHARE prices on the Bombay Stock Exchange (BSE) surged 4.3 per cent yesterday after the inclusion of four actively traded companies in the market index. The benchmark 30-share BSE index closed up 223.66 points at 5,442.86. Analysts
      AFP,; AP  -  287 words
    • 251 18 HONGKONG Bloomberg TECHPACIFIC.COM Ltd, which specialises in the early stage funding of Asian technology companies, set the price of its shares at HK$l.O5, 38 per cent less than the upper limit the company hoped to raise. The company originally planned to
      Bloomberg  -  251 words
    • 344 18 MANILA AFP PHILIPPINE government prosecutors yesterday fired off subpoenas to securities regulators ahead of the possible filing of charges against a number of investors and brokers implicated in a landmark stock price manipulation case here. Assistant chief state prosecutor Nilo Mariano summoned
      AFP  -  344 words
    • 227 18 HONGKONG Reuters A TOTAL of US$22.l billion (Ss3B billion) has been raised at the sub-underwriting level for the syndicated loan backing Pacific Century CyberWorks' acquisition of Cable Wireless HKT, bankers said yesterday. This figure exceeds the US$9 billion syndicated loan portion of the
      Reuters  -  227 words

  • WORLD news
    • 770 19 TOKYO First contact since country's division; market npbeat with Kospi index np 4% LAT-WP, Bloomberg THE leaders of North and South Korea will meet in June for the first time since their country was divided at the start of the Cold
      LAT-WP,; Bloomberg  -  770 words
    • 436 19 PERTH IT stocks acconnt for only 1% of bourse's market cap Bloomberg, Reuters AUSTRALIA'S image as an Old Economy or resourcesbased nation caused the country's currency to slump to its current 18 month-low. said Zurich Group chief economist. David Hale. Information technology
      Bloomberg,; Reuters  -  436 words
    • 580 20 NEW YORK Restrictions on Office software and Windows 2000 being considered Reuters, NYT MICROSOFT Corp may be stripped of the rights to its Internet Explorer Web browser as part of the remedy in the government anti-trust case it lost earlier this month, the
      Reuters,; NYT  -  580 words
    • 472 20  -  SINGAPORE New Economy stock valuations similar aD over the world: Chase official By Vikram Khanna THERE is no clear evidence that US technology stocks are overvalued, according to the chief economist and director of research at Chase Manhattan Bank. At a briefing yesterday,
      472 words
    • 532 20 LONDON Aim of Sw&psWire is to make the industry more efficient Reuters SIX major banks have unveiled plans for a pioneering electronic trading system for over-the-counter interest rate derivatives, claiming it would make the multi-trillion dollar industry more efficient. The six
      Reuters  -  532 words
    • 1006 20 AUGUSTA The Washington Post AT the highest levels of golf, we seldom see one player make another crack under head-to-head pressure. It's especially rare when the player who buckles, as David Duval did on Sunday at the Masters, is ranked
      The Washington Post; REUTERS  -  1,006 words
    • WORLD Watch
      • 117 20 Reuters [PARIS] French carmaker Renault is in advanced talks to sell its truck-making unit RVI to AB Volvo in exchange for a sizeable stake in the Swedish firm, sources said yesterday. The deal, which newspaper reports said could come within weeks, would create a
        Reuters  -  117 words
      • 37 20 AP [LONDON] Commonwealth secretary-general Don McKinnon launching eCommonwealth, a free portal Web site which will provide the virtual meeting place for the Commonwealth community, at the Commonwealth Institute in London yesterday. —AP
        AP  -  37 words
      • 81 20 Bloomberg [TUivTUj fcsanK 01 japan poucymaxers voted to Keep interest rates near zero at a regular board meeting, the bank said, as the economy is growing only slowly and there is no sign of inflation. The BOJ has kept its target for the interbank overnight
        Bloomberg  -  81 words
      • 79 20 Reuters [LONDON] Britain's financial services firms are increasingly confident about their situation, despite some concerns about longer-term business prospects, a survey by the Confederation of British Industry showed yesterday. In its latest quarterly survey, the CBI said 44 per cent of the financial services Arms
        Reuters  -  79 words
      • 82 20 Bloomberg [LONDON] The London Metal Exchange, the world's largest metals bourse, introduced its first index contract in a bid to reach more customers, combating Intranet rivals that threaten its dominance of metal markets. Ite index, called LMEX, is based on futures prices for six
        Bloomberg  -  82 words
      • 62 20 Bloomberg [LONDON] Exxon Mobil Corp is close to an agreement to drop a lawsuit against BP Amoco, which would allow BP'S U5532.7 billion (Sss6 billion) purchase of Atlantic Richfield Co to proceed, people familiar with the talks said. Exxon Mobil sued to block
        Bloomberg  -  62 words
    • 473 20 mSYDNEY This will posh NAB to No 3 manager of Anssie-sourced assets Bloomberg NATIONAL Australia Bank Ltd, moving to bolster its retail money management, will pay A 54.56 billion (554.7 billion) for MLC Ltd, the insurance and funds management arm
      Bloomberg  -  473 words
  • Page 19 Advertisements
    • 212 19 mm National Institute of Education U N anyang Technological University fM PROFESSOR DUDLEY WILLIAMS [flj fffTl Lee Kuan Yew Distinguished Visitor rul Ml "THE EVOLUTION OF LIFE AND BEHAVIOUR" D| Date Wednesday, 12 April 2000 HM Time 6:00 pm MM Venue LTI, National Institute of Education HH UUU Nanyang Technological
      212 words


  • FINANCE & commodities
    • 207 21  -  SGZ Derivatives Tradlngßeports MSCI Singapore Index Edward Cheung, Jardine Fleming THE Singapore stock market yesterday opened higher on the back of a firmer Nasdaq and the better than expected interim results for Singapore Press Holdings. However, the buUishness was short-lived as profit-takers sold into strength.
      207 words
    • 186 21  -  MSGlTaiwan Mm Kelly Loh Refco Singapore THE Taiwan Weighted Price Index rose 192.91 points or 1.9 per cent yesterday to 10,127.48 on the back of Friday's surge on Nasdaq, an anticipated exdividend rally and sound March sales figures. Worries that governmentrelated funds will begin
      186 words
    • 268 21 ENERGY REPORT Reuters [LONDON] World oil prices fell again yesterday despite bullish Saudi support for a possible rollover of Opec production levels when the exporter group meets in June. North Sea benchmark Brent blend crude futures were down 23 cents at U5522.35 per
      Reuters  -  268 words
    • 333 21 Reuters London THE US dollar was firm near two-week peaks against the Japanese yen yesterday on optimism the US tech-heavy Nasdaq market could extend Friday's gains and dealers' reluctance to hold yen ahead of a G-7 meeting this weekend. But the US currency was weaker against the euro
      Reuters  -  333 words
    • Article, Illustration
      1161 21 MT—CROSS EATB8 Apr to AS O fare fir Om HK$ \mt*i HH+ Yan Ion m MZSNfcts Nao S$—i Sir MT$ »att Hmt USS Antraia 0471 4958 0.625 4.097 1221 4.651 26.046 45.737 0434 6.627 2270 1.203 30.*****.548 1026 1900 0.982 *109 22.707 0418 0.597 Canada 1M8 5.694 0.717 4705 1.403
      1,161 words
    • 1619 21 8IC0M FUTURES Apr w NWBlMamiwNoMSJBirt BlttWUCT«wW OM MM ON* jMk m Uw Satt flww) tataurt IteyOO ***** Ml 00 ***** <00 MOO 12*50 200 *400 ***** 200 mSC0iT«ACTaft<Mt»AW Mm Opaa Maatt |g|fc Iw Ittt (towm) Xarart Miy 00 49.75 000 Ml 00 7125 SOTO MOO 7400 72.75 72.75 350 2775
      1,619 words

  • STOCKS east asia
    • 2795 22 HONGKONG AFP QlbagSaig -9044 HONGKONG share prices dropped 0.5 per cent yesterday on a lack of fresh trading incentives in the face of a decline in liquidity, dealers said. "The inflow of capital is getting less and less," judging from the
      AFP  -  2,795 words
    • Article, Illustration
      995 22 Reuters PSheoxhenß Index jjj CHINA'S B shares closed slightly lower in thin trade yesterday as investors kept to the sidelines after official measures to boost the hard currency market failed to materialise yet again, brokers said. The Shanghai B Share Index edged down 0.4 per cent to 42.18 points
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  995 words
    • 369 22 AFP QWP Index +IK-91 TAIWAN share prices closed 1.9 per cent higher yesterday to reclaim the psychological 10,000 point level following Nasdaq's rally on Friday and inflows of foreign funds, dealers said. The Taiwan Stock Exchange Weighted Price Index rallied 192.91 points to 10,127.48, on turnover of NT5249.83 billion.
      AFP  -  369 words
    • 2067 22 TOKYO AFP QljikkaZls *mx SHARE prices in Tokyo gained 1.8 per cent yesterday, taking heart from an end-of-week rally by US shares on Nasdaq on Friday, brokers said. "Investors basically welcomed Friday's gains in US shares," said Kazunori Jinnai, a senior market analyst at Daiwa Securities
      AFP  -  2,067 words
  • Page 22 Advertisements

  • STOCKS klse
    • 8205 23 MDUSTVtALS Cmshnt protects 2000 LMt V«l Day Net Cap Hm> L— Cimni »H -000 HH» lw PH 420 310 Ajinomoto 374 23.7 1513 158 91 Axguu 105 -3 99 K>6 105 154.8 670 290 A potto Food Hlg 515 -35 110 545 500 12-3 206.0 2975 2700 R?T VV unch
      8,205 words
    • 379 23 AFP |Q Composite Index -1(130 MALAYSIAN shares closed 1.1 per cent lower yesterday with a faU in Telekom Malaysia pulling the market down, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 10.30 points at 939.55, off a low 0f932.50. The
      AFP  -  379 words
  • Page 23 Advertisements
    • 48 23 I .**ux*> Skevs V mm I I I I I iniwwiM ii i IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offerinq, we help you reach out to 86.7% off all adults in Sinqapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu HOO-MHN)
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  • SGX clob & regional stocks
    • 3245 24 BOHDS& WARRANTS Apr 10 n Mi bpbr UHM Lai M tar iMtanto laa* Caa> tar Ma ■0 La. SO. umm, Ut, <w ctm u. B»a W taWW. Ma HMM u« 50 18 s 3164 AcmV W*****4 20.S -15 55 22.5 20 20 2t 20 41.0 1 300 132 #-73 15
      3,245 words
    • Article, Illustration
      766 24 AFP P SET Ma -0113 THAI shares closed barely changed in thin trade yesterday with late profit-taking offsetting early gains driven by telecoms and electronics shares on the back of Nasdaq's rise last week. The Stock Exchange of Thailand (SET) Index fell 0.13 points to 403.32, with selective buying
      AFP  -  766 words
    • 282 24 AFP HCwnposite Index +58J7 PHILIPPINE share prices closed 3.3 per cent higher yesterday on across-the-board buying, brokers said. The Philippine Stock Exchange Composite Index rose 58.17 points to close at 1,796.66. A total of 1.5 billion shares worth 1.4 billion pesos were traded. AFP <>r» Hm *f- (H> MRCAMad
      AFP  -  282 words
    • Article, Illustration
      666 24 AFP Q Composite Intel -L2O INDONESIAN share prices closed 0.2 per cent lower yesterday in the absence of foreign interest, dealers said. Trimegah Sekurindo Lestari dealer Suhendra said foreign investors have yet to return to the local market, adding, "It is unclear what they are really waiting for." "I
      AFP  -  666 words
    • 266 24 AFP Hibsmo ♦im NEW Zealand's share market finished 0.7 per cent firmer yesterday due to buying of key blue chips such as Telecom Corp, dealers said. The NZSE-40 Capital Index was up 15.66 points at 2,154.27. Turnover amounted to NZ5452.2 million. —AFP Mr io a row Advantage HOS 3.10
      AFP  -  266 words
    • 541 24 AFP QADOrtmu-in +19J AUSTRALIAN investors took their lead from Nasdaq's rally on Friday to send the market 0.6 per cent higherVesterday, brokers said. The All Ordinaries Index ended 19.1 points up at 3,187.3, while the SP/ASX 200 rose 19.4 points to 3,201.4. The All Industrials climbed 51.6 points to
      AFP  -  541 words
    • 262 24 AFP □Composite Index +3179 THE Korea Stock Exchange Composite Index closed up 32.79 points at 870.17. Volume was 323.8 million shares worth 3.6 trillion won. —AFP **r« Jt Arxm S*ml ta«50 -350 Brain Tacti _M6S 65 Controlsw* 2235 <5 ChrtComm *****0 -3000 Dm Gu Bon* —2130 75 DootonqCorp -2830
      AFP  -  262 words

  • 9462 25 SGXMAXNBOARD Transaction date: Apr 10 Or Or M Wt 92-Wk Last Vol Day Last Ouott Olv CM* VM Nat Cap Avq High Law StNo Company SHa COOP) Hlgfc Urn 8—r CW 16 E/C trnM Prfca MULTI-INDUSTRY •82 81 mc 1000 Ac ma 50c 138 cd -2 388 145
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  • Page 25 Advertisements
    • 48 25 HWW^g^^—W—S^^OT^Jf¥»g^grog—M«TOglaM«H——ll MB IAM 111 I 5s For further information, call Somerset Residences on (65) 272 7272. S^iMER^ET 8 Shenton Way, #13-01 Temasek Tower, Singapore *****1 Website: www.somerset.com RESIDENCES Auckland Bangkok Beijing Guangzhou Hanoi Ho Chi Minh City Jakarta Kuala Lumpur Kuching London Shanghai Singapore Surabata Sydney Tianjin Yangon
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  • Page 26 Advertisements
    • 224 26 Where to wine, dine and entertain..."-?(gßfia&r For a karaoke with a difference, visit Singsation Theme Karaoke with its 19 themed KTV rooms with your family or friends. Company functions can be held at its Main Hall. Opening Hours Monday Friday; 6pm to 2am Saturday: 3pm to 2am (Closed on Sunday)
      224 words
    • 137 26 r v 1 O-. 1 era HOTEL ORAND CEKTHAL UMTTED 22 Orchard RoMTCamanagh Road, Singapore *****7 Tat: 737 9944 Ext 400*02 Fax: 733 SI 79 I Bwtadotose I I New Italian Caff 6 I I Authentic Italian Pasta, focaccia Caffe ..J I I ifl I 72 Anson Road, #01-01 Anson
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    • 50 26 t£3T7 black 9 BOX M CULINARY CHALLENGE 11 -13 April 2000 j Gala Dinner on 13 April, 2000 Mandarin Ballroom 6th floor, South Tower 7.30pm: Cocktails Bpm: Dinner Price: $100.00 per person For reservations, call 831 6288 A■ffgyw'—i £j 3)3 Ordurd Road. S.ng*w* *****7 M 737 4411 fix 732 2361
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  • Page 26 Miscellaneous
    • 941 26 TVKTOf!— wmmmsmmmmx Home Videos. 100 Wonders In China. Lakers (2nd tx). 100 AM Kids Central: The 100 Planet Ex. 100 Fun Discovery. 7.00 Xtreme Magazine: Big Comfy Couch. 130 S Club 7ln Miami. 100 Elusive Love. High 5. 130 Polka Dot Shorts. SJM Jack Hanna's Animal BUM) Dr Justice. 7.30
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    • 297 26 CBYPTIC CROSSWORD u D ID ffu ur 27 y y y" 29 n n H ACROSS 8 The main property in S Italy, 1 Like very cold place south of peninsula (8) 11 Dyke-builder's rubbtsh left out 5 A club is a means of defence (6) 9 Single-length swim- 15
      297 words

  • KNOWLEDGE economy
    • 1066 27  -  Singapore companies that understand e-learning trends can exploit them and become market leaders By, Jane Cheong Across the United States, Europe and more slowly but surely in Singapore too—tech-nology-based learning is gathering pace as more senior business executives now understand the importance of e-learning, says
      CHRIS LOH  -  1,066 words
  • Page 27 Advertisements
    • 215 27 Q Why is your company taking part in the Big Walk 2000? /> r» m P. i I L^BMaA^^E^Kk* B i E7 1 M^i 5 fc^ r "^%PSM F 1 J Bf_ Jfk Ira I j r_ Jl EL v SZK? w I M IF M X fir' I I
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  • Page 28 Advertisements
    • 53 28 mn^ ->-' *y S*m -jt V,:/ W* 1 Mi Keiichi Iwasawa, Genera l Manager Mitsubishi Coi potation z *li+ >• Millenia SINGAPORE PONTIAC MARINA PRIVATE LIMITED P'Hitiai Manna Privatel imitO' ms a subsidiary of thf Ponti.u I ,m,l -up of G mn.ini.-s One ln A-. Mill.th.i T.-.\.-r •'•'•1100 S't<n,»|..»i. *****?
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  • SHIPPING TIMES
    • 283 29 Bridge News, Reuters THE capesize sector of the dry cargo freight market ended the week quietly but conditions remained firm. The Atlantic was finely balanced between owners and charterers for other sizes but renewed chartering activity from South America, particularly by Cargill, gave owners cause for optimism. The
      Bridge News,; Reuters  -  283 words
    • 273 29 55I5553!!!?? CWTDMributtan 101 OOI 140 Oman Hup 039 -OOI 906 Cotco ktva*tmant 0.10 -OOI 7 FrptaM Unfes 0J7 0.01 980 UIMNl 0.70 -OOI 22 W!WH« O.T2 uncti 23 MC Hoklnqs-HK SJO uncti 0 Jayallo—ni 0H7 -0.01 WM KappalCorp 4.02 uncti 027 KappaiFELS 120 uncti 301 Kappal Marin* 190
      273 words
    • 600 29  -  INTERIM REPORT ON ERISA SIHKIHU It suffered structural failure due to misjudgement, mishandling By George Joseph [SINGAPORE] The master and managers of the tanker Erika were blamed for its sinking last December off the French coast, in an interim report made by the
      FILE PHOTO  -  600 words
    • 419 29 [SINGAPORE] A new Internet based online exchange is set to revolutionise the traditional marketplace where shipowners, shlpbrokers and cargo owners conduct business. The new company, LevelSeas.com, will offer a "life-of-the-voyage" solution for all seaborne wet and dry bulk commodity shipping.
      419 words
    • 136 29 Oana-Kyodo [TOKYO] The Japanese Maritime Safety Agency (MSA) has changed its official English name to the Japan Coast Guard. The agency said it decided to change the name because it would be better for Japan to use a term with worldwide
      Oana-Kyodo  -  136 words
  • Page 29 Advertisements
    • 4 29 Pg 2 Back pg
      4 words
    • 440 29 PEOPLE E3SK» has appointed 1 The Rotterdam School of Economics and Hongkong-based PMBatMRM and the Rotterdam School of Management are Dmm Lee to toad further ttevelonment offering a fully accredited MSc count of the Intertx* nmArt in in Maritime Economics and Logistics, in oJrmr co-operation with the Port of Rotterdam.
      440 words

  • SINGAPORE port
    • 873 30  -  With the right people, structures and procedures, cases referred to arbitrators and judges in Singapore should rise By Neale Gregson The writer is partner at international law firm Watson, Farley and Williams. This is the secqnd and concluding part of an article which first appeared in The
      FILE PHOTO  -  873 words
  • 168 30 PACE DSR-Senator 4 td 6 ,mM 4 anl 3 Ojak Lloyd 8 t Accord Oongnama 3 Appenship 5 I**™ 6 Austral a Ea 4 BalajlShpg 5 ECUUne 6 BSA 7 Evergreen 6 rtangMas FoongSw 8 CCNI 7 GU* 4 CMA 8 Gcmartrans 6 Cotumbus 8 Hangli 7
    168 words
  • Page 30 Advertisements
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    • 624 30 Members of the Singapore Logistics Association. Lines services represented by Members of the Registry of Accredited Shipping Agents, S'pore National Shipping Assoc. n ULY UNE MALI Ivtssa I VOY I IU ITA T7S P. HAMC SPOBI MAU Princess lily VO3OO 22/04 23/04 30/04 Empress Lily VO4OO 13/05 14/05 21/05 Princess
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      649 words

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    • 1642 36 INDONESIA NATIONAL LINE TO AUSTRALIA 1 PULL OOWPMMER fWICE va wr m m w m srt m m m m.nan a w/wii/w u/m n/un/u b/m mmm ~m oar it/w mi «7«s T" ms uami ~~m cm g/w a/H m/i n§ON m H/MM/18 11/K 14/H It/K If/H FEEDER SERVICE TO INDONESIA
      1,642 words

  • 16758 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartlsar Vassal Voyaga Talaptona ETA ETA Advartlsar VhuI Voyaga Talaphon* SIN Dast'n Nam Nam Numbar Numbar SIN Dast'n Nam* Nam* Numbar Numbar ——WW liibWWiliM **lli»4«MBM«*bMMBaMBBBa—M—MWB—BM ■■HMHMMMMMNMMHaaMMBMMMMaMHM To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 Cot* D'lvoire WM m/os csav csav santos
    16,758 words
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  • Page 39 Advertisements
    • 58 39 New Advertisers/Services/Agencies STL CONTAINER LINE For Services To Vietnam Calcutta Mon/Wed/Fri Pg 7 STANDARD SHIPPING AGENCIES PTE LTD Offers Weekly FCL/LCL Services To EAST MALAYSIA PORTS DETAILS Pg 8 tsmB\KYOWALINE Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily Wallenius Wilhelmsen New Europe To MIDDLE
      58 words


  • SHIPS IN PORT
    • 595 41 TM$ Voy Mo Bftfc AffWI D^wture JJ a* ,J 0 J lli+ MAM/820 6AM/I730 ***** Ml KVO4/8J0 KV04/630 *2509 404 J» 1MM/830 MM/830 Checw lO-Afr JOT KV04/8:45 6AM/630 J**" 2 OS/OO J02 WAM/935 BAM/1730 S*« ***** J01 KV04/W5 6AM/2330 ***** JOI 10/04/12:15 10AM/2330 Swtatl April JOI 10/04/12:20 OAM/2339
      595 words
    • 1740 41 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Boofclnq/Bfllmct Rstb SWp Voy Mo EtWtr Hho4 from To FroM *CI MMUA 020* IVWOO 04/1500 04/M59 S«rOO 2A 09/1700 «/0659 MOO a 91/1700 WDM amoo 1 10/0700 *VW» CHOC 4 M/1200 MM 10/1700 *ajA0t WIS >0/23 30 i 3*1500 09/1659
      1,740 words
    • 202 41 Ayr 12 Thailand: Songkran Festival Day AprM Thailand: Songkran Festival Day Apr 22 New Zealand: Market Holiday, Stock Exchange Closes at Noon. Denmark: Maundy Thursday. Philippines: Maundy Thursday. Apr 21 Denmark: Good Friday. France: Good Friday. Germany: Good Friday. Thailand: Market Holiday. New Zealand: Good Friday. Hong Kong:
      202 words
    • 784 41 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 toft. Prices shown are baaed on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      784 words
    • 390 41 Carta* MO Ma 9912 0.7 15.9 0.10 90 0.06 Mm 10 DtftsKv fitir 8*sI8m Ask JUhMm Sitfaart No Mom £25 3 0 5- ZZB 380 AM 987.3 OJ 0.9 0j06 38 0.03 .*2 380 MM 995.5 0J 17.9 0.09 87 0.07 uutn mAi u/u rrm —ax
      390 words
  • Page 41 Miscellaneous
    • 115 41 LEGEND: Issued by Meteorological Service Singapore Thunderstorm Rain Temperature "Cw' Wjnd direction and spGe< j j n knots Cloudy Day Weather U Wind speed symbols Se a Con^ti o ns O Full circle w/o line indicates calm or light and variable winds I -i—.One half fleche represents 5 knots Moderate,
      115 words

  • AIR & LAND transport
    • 1094 42 New Inchon airport will replace Seoul's congested Kimpo Airport for international flights AP [INCHON, South Korea] On land reclaimed from a tidal sea between two small islands, Asia's largest airport is rising like a mirage on a distant horizon. Still unknown to most
      AP  -  1,094 words
    • 436 42 It will set up customised sites to cater to small, mid-sized companies in Europe AP [LONDON] British Airways and the online business-trav-el service Get There.com plan to create customised Web sites to provide corporate travel agency services for small and mid-sized business
      AP  -  436 words
    • 274 42 AFP [SYDNEY] Plans for a Syd-ney-to-Canberra high speed train link may be boosted when Australian Prime Minister John Howard visits Paris later this month, officials said yesterday. A scheduled meeting with French backers of the project coincides with some Cabinet
      AFP  -  274 words
    • 1514 42 on aiO(T cw aiCMT no un06 mos sozooe 2305 MM* IA730I mO M73K 2081 |N5 W6373 2350 0F01 1930 0F02 2055 SOTOJOH 2380 AM229 2230 ftlf SOW* 630 WHO 0H> fim»« 11 $0003 mo CZ3S2 om «a 2230 C2351 2045 S0904 1020 ss "as r ss
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    • 218 42 Acquisition will make it Japan's second largest aerospace company Bloomberg [TOKYO] Ishikawajima-Hari-ma Heavy Industries Ltd (IHI), Japan's third-biggest heavy machinery maker, said yesterday it will purchase Nissan Motor Co's aerospace division, making it the country's No 2 defence and ieart aerospace company. Tokyo-based IHI
      Bloomberg  -  218 words