The Business Times, 25 April 2000
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2000-04-25
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The Business Times
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Title Section14 2000-04-25 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE TUESDAY, 25 APRIL. 2000 Internet: http://business-times.asial.com.sg/14 words
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Article63 2000-04-25 1 □sn 2,041.78 (-30.49) ET-SEI 77& M (-9.27) SmSCI FOTUBES ***** (-0.90) STOCK MARKET INDICES M Monday Change KLSEOOMP _887J8 -tt.10 NlKKEl l&480.15_*n7.47 HANG SENG Closed SET INDEX 396.60 JAKARTA COMP 530.85 +4.45 MANILA OOMP _1,«M.4€ +«.4« TAIPBWPI 8308.09 -***** SEOUL COMP 747.58 -1958 CLSA CHINA B dosed AUSTALLORD63 words
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Article79 2000-04-25 1 FOREX BATES us$ s$ USS 1.700 £(US$/S$ per 1.677 1682 EURO(US$/S$/E) 0540 1598 DM 1081 0.817 YEN 106.7 1.609 RM 3.800 0.447 HKSI 7.788 0.218 BAHT 17 31 0 045 RUPIAH 7345 0.022 'SJ to 100 units PUKE KATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 39.90 BANGKOK 9.50 MANILA79 words
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Article, Illustration872 2000-04-25 1 Siow Li Sen - BIAS seeks to raise standards to level of global practice By Siow Li Sen [SINGAPORE] Banks may soon have to disclose how much each of their directors earn as the Monetary Authority of Singapore (MAS) leans on them to make fuller disclosure. The872 words
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170 2000-04-25 1 AFP [NEW YORK] Turbulence returned to Wall Street yesterday as fresh fears about a possible breakup of Microsoft roiled the high technology sector and sent share prices into another tailspin The tech-heavy Nasdaq composite plunged 199.39 points to 3,444.49 at 11am EST. Other indexesAFP - 170 words
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Article, Illustration879 2000-04-25 1 Shoeb Kagda - Some analysts fear backlash from their political parties From Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid yesterday moved to overhaul his economic team by replacing two key ministers. Analysts saw the move as an attempt by the president, popularly879 words
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Article, Illustration732 2000-04-25 1 Siow Li Sen - Accounts of customers under 21, over 62 exempted 'By Siow Li Sen [SINGAPORE] DBS Bank, in an effort to consolidate the millions of accounts on its hands after it took over POSBank, will impose monthly charges of $2 to $7.50 on individual accounts which732 words
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Page 1 Advertisements
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Advertisement88 2000-04-25 1 IH SIDE BT Comment Lee Han Shih on why CityDev could be up for tougher competition. Pg 11 Top stories US may ask court to split Microsoft. Pg 20 Five M'sian tycoons may have to give up stockbroking arms. Pg 15 it VI Singapore e-com firm sees a year full88 words
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Advertisement19 2000-04-25 1 11T hmbkbui 4 jjlfr-. .-I. .—L tfl jfclumi ■exclusive report, Next Page US moving towards Microsoft breakup, Pg 2019 words
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Advertisement47 2000-04-25 1 /T7v^*s3 Rare handcrafted 18K white or yellow gold timepieces set with exceptional diamonds from the Harry Winston Collection. HARRY WINSTON (h| IWJ NEW YORK BEVERLY HIIIS PARIS GENEVA TOKYO OSAKA Exclusively at: B The HourGlass Takashimaya S.C. #01-02 Tel: 734 2420 Scotts S.C. #01-09/10/11 Tel: 235 719847 words
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Article, Illustration926 2000-04-25 2 CORRINNE KERK - Lots of Asian women all around the world have self-professed 'beauty junkie' Katarina Tan to thank for loads of good advice on a vast range of cosmetic products, reports CORRmME lfTn>ir CORRINNE KERK IT started with a life of leisure, of spending Daddy's money onSIEW YAW HOONG - 926 words
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ON THE grapevine
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Article168 2000-04-25 2 WHICH was the "real" correction in the US stock markets the big drop two Fridays ago or the subsequent recovery? Optimists like Abby Cohen say it's the first. But some who are less sanguine called the latter an example of a dead cat (or168 words
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Article103 2000-04-25 2 IN the same vein, 1,224 Web surfers responded to a poll by local site catcha.com.sg, which asked as a result of the recent sharp moves in technology stock prices if "now is the right time to buy technology stocks". They were allowed to choose103 words
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Article60 2000-04-25 2 WE attended the launch of Internet company Beans Factory yesterday, which might seem like a light-hearted name, but it's got serious backers like the Infocomm Development Authority of Singapore, UOB Venture Management and EDB Ventures. The new outfit, an e-biz builder, is targetting to break even with60 words
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Advertisement288 2000-04-25 2 JL The Hull MBA OF HULL mba (General) 28th Intake "Ranked Among Starting in Singapore May 2000 f Session Ssbn 1 MBA (lnvestment Finance) 10th Intake Universities, 1999" Starting in Singapore May 2000 UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" PhD MA/BA Doctor of Philosophy in Business ft288 words
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Advertisement15 2000-04-25 2 HOME NEEDS The Straits Times Classified. Classifications 90 120. Buy k. sdi h. fm h.15 words
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URA changes
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Article, Illustration695 2000-04-25 3 MARISSA CHEW - Average selling prices for taller buildings could rise due to premiums charged for better views on higher floors, uwssa chew has the details MARISSA CHEW Developers yesterday said the latest relaxation in height controls for private housing, which now allows for buildings to695 words
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Advertisement306 2000-04-25 3 PRQPERTY2OOO j^T 5 4 r--x'" -*V\- 4\4 -v* f I I' l le ieart °f Singapore, beats the soul of new,/hi a. Vibrant yet serene. Modern yet traditional Expressive yet understated. More than just a place, its a state of mind. It's not quite last. It's not quite West, but306 words
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SINGAPORE companies
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Article, Illustration628 2000-04-25 4 Sats will spend $300 m, while engineering arm plans to spend np to $225 m Bloomberg SINGAPORE Airport Terminal Services Group (Sats) and SIA Engineering Co, both part of Singapore Airlines Ltd, plan to spend a total of $525 millionBloomberg; FILE PHOTO - 628 words
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349 2000-04-25 4 Ling Su Ann - NEWlimi.l.kl Brokers point to lack of retail interest in general market By Ling Su Ann LEE Metal, making its entry on Sesdaq yesterday, was the latest casualty of the shaky market sentiment. The counter disappointed investors on its debut by shedding349 words
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351 2000-04-25 4 Firm going public to raise profile rather than tap public funds LOCAL electronics manufacturer PNE Industries is expected to raise up to $15 million in an initial public offering in the next two to three weeks. The IPO will proceed even if351 words
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287 2000-04-25 4 Transfer effective end May for accounts inactive for 2 consecutive months BALANCES in CPF members' investment accounts will be automatically refunded to their CPF ordinary accounts if the investment accounts have been inactive for two consecutive months. In a statement yesterday, the board said287 words
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553 2000-04-25 4 toh han shih - HOCKPffPrffWl toh han shih THE recent volatility of the Nasdaq stock market could hurt or help Singapore's efforts to become a Silicon Valley of Asia, depending on how Singapore's Internet industry reacts. Nasdaq fell from the 5,000-plus level in March to around553 words
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492 2000-04-25 7 Toh Han Shih - He is drawn by the good environment for high-tech devt By Toh Han Shih BUSINESSMAN Oei Hong Leong, who was attacked last December in Hongkong in an apparent kidnap attempt, is contemplating shifting his company headquarters from Hongkong to Singapore and492 words
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Article, Illustration410 2000-04-25 7 Kalpana Rashiwala - It makes $9-5 m provision for loan to Haw Par Villa, which it says will cease operations by next March 31 By Kalpana Rashiwala BETTER margins, lower overheads and higher investment income helped Times Publishing achieve a 16 per cent increase in410 words
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Article, Illustration550 2000-04-25 8 Eugene Low - Corpor&tes including GLCs can diversify capital structures with bonds By Eugene Low MANY Singapore companies, particularly governmentlinked corporations, need to structure their capital structures more sensibly and take in a proportion of debt by issuing bonds, said Second Minister for FinanceCHRIS LOH - 550 words
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Article, Illustration422 2000-04-25 8 Marissa Chew - By Marissa Chew UNITED Overseas Land intends to refurbish its United Square office and retail complex to take advantage of a new underground connection to its new Novena Square development. Speaking to reporters at the topping out ceremony for Novena Square yesterday, UOL's general managerJEROME MING/ST - 422 words
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346 2000-04-25 8 Pidemco project bags 6IC and Chase Manhattan as anchor tenants VIEW Internet content while in your office lift, be directed by an "intelligent" screen to empty carpark lots in the building that is what Capital Tower at Robinson Road will offer when it opens in346 words
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Page 4 Advertisements
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Advertisement579 2000-04-25 4 ftoCQ/VATEMOUtfOOPERS Letters of Credit are important financing instruments in import/export transactions. A badly opened letter of credit exposes thfc company to risks, financial loss, higher cost and bank charges, delays in arrival of goods and more. Similarly, for the beneficiary of a badly opened letter of credit, payment for your579 words
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Advertisement327 2000-04-25 5 I |H|HlM^^^H^/.^^ V Jf? J3|^H Bft g^H v I^"^r:: 1.1| i The road to success isn t easy. But noLodij said it coulJn t be comfortable. At Lexus, we realised long ago that the journey can audio systems. Whether your musical tastes run to 3-litre, 200 bhp V(i> engine on327 words
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SINGAPORE markets
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Article438 2000-04-25 6 Stocks Volume Lee Metal 5c 14,730,000 MecfiaRmg 10c 6,916,000 IPCOW02 8.457,000 Vickers Capital 25c 4,679,000 Eastern Asia 3,787,000 IPC020C 3,703.000 AiiOcean 5c v 3,510,000 SingTel 15c 3,470,000 Links Island 10c 3,168,000 DBS Land 2,988,000 Stocks > SIA 24,277,971 UOB 20,915,480 PacHlcCentury 19,668,445 DBSGrp 14,960,396 0C8C 13,186,500 IPCOWCI2 10,099,210 DatacraftlOc 9,759,487438 words
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Article, Illustration565 2000-04-25 6 v. sreenivasan - STOCKS v.sreenivasan THE Singapore stock market started the week on a bearish note as investors generally stayed away, preferring to wait for fresh directions from Wall Street. "There is a lot of uncertainty and people are not about to commit themselves565 words
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Article, Illustration314 2000-04-25 6 larry wee - ■^BdLHkdhMHJUUILIHMUUMI CURRENCIES larry wee THE Indonesian rupiah recovered smartly yesterday, but the euro remained mired close to recent record lows in holiday-thinned trading yesterday. Players said that Asian currency markets were largely becalmed with most European centres, as well as HongkongSource: Reuters - 314 words
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Article, Illustration176 2000-04-25 6 Ven Sreenivasan - Ipco wrts high risk-reward proposition WARRANT WATCH By Ven Sreenivasan THE warrant of infrastructure specialist Ipco International jumped a hefty 28 per cent to a record high yesterday on the back of very strong speculative trading. The instrument, which expires in December 2002, surged 40 cents to $1.82 on volume176 words
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Article, Illustration242 2000-04-25 6 Wong Wei Kong - HOT STOCK By Wong Wei Kong SHARES of Singapore Airlines (SIA) rose yesterday to finish among the session's biggest gainers. SIA shares closed up 20 cents or 1.2 per cent at $17.20, the day's opening price. The stock hit an intra-day high of242 words
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Article145 2000-04-25 6 HBM Print: Proposed acquisition of 50.1 per cent interest of the Nanyang Insurance Company Ltd from See Hoy Chan Sdn Bhd and the 100 per cent interest of each erf SHC Asset Mgt Pte Ltd, SHC Financial Services Pte Ltd and SHC Technology Pte Ltd from See Hoy145 words
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Advertisement134 2000-04-25 6 Innovative Financial Solutions for growing businesses 4 w in x**£fc. JLtimfA A *ajW& sJliß* With the Local Enterprise Finance Scheme (LEFS), qualifying SMEs and even larger locally-owned businesses enjoy favorable terms and low interest rates for financing. Through LEFS, you can obtain facilities such as factoring, factory and machinery loans,134 words
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Advertisement22 2000-04-25 6 Access to IPO placements. Just one more reason to join DBS investor Online Call us at 323-3955 to find out more ©DBSBANK22 words
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Advertisement33 2000-04-25 7 PRIME OFFICE 1 BPACE FOR LEASE I I prime Tung Centre I WAREHOUSE/ FACTORY SPACE FOR LEASE A Z Building For details, please call owner LI Telephone 437 6853 437 6872 534 313233 words
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Advertisement179 2000-04-25 7 A EjJJjjl fl B Bfi B ■——^m^—«j——Pt. —i B fc- J EMP-710 XGA LCD PROJECTOR^^^H EMP-800 SVGA 800 ANSI LUMENS iin2-year international warranty Greatness comes in small packages Like the EPSON EMP-71 O XGA LCD projector, a tiny piece of XGA technology that easily outshines its bigger competitors. Plus an179 words
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Advertisement387 2000-04-25 8 BBBw^onBKt>!'** > 1 A.- f v sSSrnt-.H< t..: FINE R thinc >v£ t>P• :>• f f. 1 I f>Hn-v,^;r v jv:. N •'^JSlk»>'*,> u v" v^trP l *■>? >' J 1 r-:v-■'..'! tv *v %V i «T *V>-', v rfx 4j'lii H ajtMWOv'^v^X.' v *'M!>./'■_>*'* t t Wm p^'^.-j,g< S'387 words
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SINGAPORE news
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Article, Illustration345 2000-04-25 9 Andrew Wee - Beans Factory expects to break even on USs7m sales in first fiscal year By Andrew Wee HOMEGROWN e-commerce services provider Beans Factory, which has secured several heavyweight investors, expects to gross US$7 million (Ssl2 million) in revenue and break even inARTHUR LEE - 345 words
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Article, Illustration671 2000-04-25 9 Jaime Ee - Local composer will get $20,000 to write fall symphonic work By Jaime Ee VETERAN stockbroker Goh Geok Khim has given local composers a leg up by pledging $20,000 a year for the next three years to the Singapore Symphony Orchestra's newly launched671 words
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Article, Illustration295 2000-04-25 9 Eugene Low - By Eugene Low SINGAPORE'S economy is expected to expand by around 6 per cent annually for the next three years before growing at a slower 5.5 per cent for the rest of the decade, according to economists polled by Consensus Economics. The London-basedSource: Consensus Economics - 295 words
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Advertisement226 2000-04-25 9 ~eee| VII V with cashback, r YOU CAN ENJOY EVEN MORE OF THE FINER THINGS IN LIFE. f v" k l "-ss iss s Cv i v '"I > v fv f;.*r v J >-*"' "i' > s 1> > v/y^ jt r&SjSwM I i> 3k g v r.' j|226 words
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MAIL bag
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343 2000-04-25 10 Tan Beng Lee - Tan Beng Lee Director and CEO Great Eastern Life Singapore WE thank Mr Chua Boon Hou for his letter "It's time to restore slashed policyholders' bonus, GE" (BT, April 18). In 1997. an industry review of bonus scale was made343 words
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Article, Illustration946 2000-04-25 10 Eugene Szeto Singapore - Eugene Szeto Singapore I REFER to the article "Too early to cut back site sales: Mah" (BT, April 12). In the article, National Development Minister Mah Bow Tan was quoted as saying that "despite slow sales in the residential property market in theFILE PHOTO - 946 words
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Advertisement1208 2000-04-25 10 ■S" Nat Steel Electronics n atsteel electronics ltd 1 (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING I i 2 'D: *5# »> >" v I NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at 12 Kallang Way, Singapore1,208 words
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FOCUS property
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Article, Illustration618 2000-04-25 11 lee han shih - _HFTT7CT7IT37II PROPERTY Fund managers could switch alter the DBS L&nd/Pldemco restructuring lee han shih Most city Developments shareholders probably did not realise it, but what happened at DBS Land last week could have a serious impact on their investment. Last Monday, DBS Land came618 words
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357 2000-04-25 11 Caimhill property priced at $90m, while Serangoon site has $95m tag TWO more freehold sites have hit the collective sales trail. The first is The Vermont in the Cairnhill area with an expected price of above $90 million while the second357 words
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Article, Illustration275 2000-04-25 11 Kalpana Rashiwala - 135 nnits of project sold in Malaysia launch Hy, Kalpana Rashiwala WILLIAM Goei's Goldhill Group is launching this Friday in Singapore a strata-ti-tled serviced apartment project in Kuala Lumpur's Golden Triangle District. The developer, Goldhill unit Granit Emas Holdings Sdn Bhd, plans275 words
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Page 11 Advertisements
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Advertisement145 2000-04-25 11 •PLOTA: 7,663.55QM(82,*****FT) PLOT B: 2,177.1 SQM (23,434 SOFT) mtt:9WWSQf,) 6TS HI FREEHOLD, PLOT RATIO: 2.1 fi Mmjakf B• 5 UNWALKTOHE.SENNETTMRT 1 Jbr EASY ACCESS TO P€/CTE/SERANGOOHRD 1 GOOD SCHOOLS: ST. ANDREW., CEDAR. "Subject lo Srau Title Board Approval" If required ATTRACTIVE PRICE I Tender Closing: 16 May 2000 (Tuesday), 4.00pm.145 words
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Advertisement205 2000-04-25 11 Freehold Residential Site For 3 Bungalows at Holland Park Leedon /-P/ Sommerville On elevated ground w Kf ire n In a prestigious bungalow area Tuiip odm Short drive to Orchard Road d?hSu!S and Holland Village —i LA w p w p a""7P"n P Hollaodia 1 Land area: 55,614 sq ft205 words
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Advertisement458 2000-04-25 11 Investment Sales Tel: 533 0220 Fax: 533 5103 *fcsfc€fcsfc «&sfc*&sfc* fc V* k Royal Or hid Holidays l The Best of Thailand ji QV»VBVTT7I Ogr simple concept of mix match tailor made golf holidays is so easy Stay just 2 riites or more in a hotel /There's Something A •lit458 words
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eNews
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Article, Illustration589 2000-04-25 12 TOKYO 11.6b yen operating loss seen till Aug; analysts cold to restructuring Reuters BATTERED Japanese Internet investor Hikari Tsushin Inc warned yesterday that it would suffer an operating loss of 11.6 billion yen (SslB7 million) for the year to August but unveiled a restructuring aimedReuters; Source: Bloomberg; REUTERS - 589 words
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200 2000-04-25 12 NEW YORK Reuters AT&T Corp's US$lO billion (Ssl7 billion) wireless tracking stock is poised to debut on Thursday in a shaky market that has pushed the majority of newly public companies below their offer price and forced other businesses to scrap their initial publicReuters - 200 words
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351 2000-04-25 12 HONGKONG Tornxom, Softbank team np with China official, Japanese music director Reuters TOM.COM Ltd, a senior Chinese official, a Softbank Corp unit and prominent Japanese music producer Tetsuya Komuro are set to invest in an online talent-search Web site, the South China Morning PostReuters - 351 words
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177 2000-04-25 12 NEW YCRK Reuters TECHNOLOGY companies led a list compiled by Bar ron's magazine of the best performing corporations for investors. Broadcom Inc, the largest maker of semiconductors used for Internet access via cable TV lines, topped Barron's list, which graded the 500 largestReuters - 177 words
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Article, Illustration912 2000-04-25 13 Amid the dismal results of dotcom merchants, investors are starting to re-focus on good old-fashioned measures of retail success NYT [NEW YORK] Given the dismal performance of dotcom retailers on Wall Street and in the offices of venture capitalists lately, investors have hadNYT - 912 words
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459 2000-04-25 13 LONDON Deal worth £200 m; online firm latest to seek real assets FT SCOOT.COM, the Internet and telephone directory services group, is in talks to buy Loot, the UK classified advertising magazine, in the latest example of online companies buying "bricks and mortar"FT - 459 words
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507 2000-04-25 13 NEW YORK AP WEB sites packed with information whether it be news stories, wedding planning tips or horoscopes spend millions of dollars each year to get people to visit their sites. Yet they shove consumers out the door when they wantAP - 507 words
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410 2000-04-25 13 WASHINGTON Harvard team draws up guide, plans to help poorer nations IHT WHEN Jeffrey Sachs, the well-known Harvard University development economist, meets with foreign leaders during his frequent travels abroad, he makes it a point to inform them whether or not he has beenIHT - 410 words
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626 2000-04-25 13 NEWYORK Surfers can influence stock prices by changing unofficial profit estimates posted on Net Reuters MATT Ruecker logged onto the Web one day last week, and with a couple of clicks changed closely-watched profit expectations for a hot technology company byReuters - 626 words
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Page 12 Advertisements
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Advertisement137 2000-04-25 12 u"o' r rz \,r !Jlnx .I :> k.-n/:. -■> /J IT V, Aw; Saving lives often demands creativity. And sometimes, a little engineering ingenuity. T'J'V". k 'j rc f/" 77> r ".'O',* /f; 'J 'f 'J'. v > 1' 'i'j v rcv- v. t-! 'j" "J f---/'.t-;L Y, 'Jr.* z137 words
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EDITORIAL & opinion
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Article, Illustration753 2000-04-25 14 paul krugman - Kmssama OPINION paul krugman The writer is a professor of economics at the Massachusetts Institute of Technology NYT OH, the outrage! The Web site maintained by Mobilisation for Global Justice, the umbrella organisation for last week's Washington protests, gave precisely one exampleNYT - 753 words
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Article143 2000-04-25 14 'I don't know what the term is for it, resign or fired, but if Gus Dur says there is a division in the Cabinet because of us, it's better for us to just step down.' -YosnfKaUa the Indonesian Industry and Trade Minister, commenting after he and State143 words
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Article657 2000-04-25 14 EDITORIAL Malaysian central bank and finance ministry officials are right to be perturbed about the excruciatingly slow pace of growth in domestic lending, because if banks remain in defensive mode, Malaysia's economic recovery cannot be sustained So far, this recovery has been impressive. After plummeting 7.5 per657 words
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Article, Illustration1133 2000-04-25 14 Praduya Joshi - It's booming so much that analysts expect half of all homes in the US will have at least one by year's end By Praduya Joshi NYT THE number of cellular phones in use in the United States has nearly doubled to 86.9 millionNYT; FILE PHOTO - 1,133 words
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Article, Illustration966 2000-04-25 14 Heavy-handed move WITH Elian Gonzalez reunited with his father, the nation has begun an important debate about the government's handling of the case, especially the forcible seizure of the Cuban boy by heavily armed federal agents before dawn on Saturday. Few actions in recent times have966 words
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MALAYSIA news
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Article, Illustration467 2000-04-25 15 Eddie Toh - But they can get around KL ruling by catting stakes or revamp: analysts From Eddie Toh in Kuala Lumpur FIVE Malaysian tycoons may have to give up their stockbroking arms in a government drive to create 15 universal brokers from the 63 houses at present.FILE PHOTOS - 467 words
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316 2000-04-25 15 Eddie Toh - Firms need not seek Bank Neg&ra nod; move aimed at boosting market From Eddie Toh in Kuala Lumpur COMPANIES in Malaysia do not need to seek approval from the Malaysian central bank to issue corporate bonds as part of a move to develop the316 words
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Article, Illustration523 2000-04-25 15 SEMPORNA, Malaysia Abductors believed to belong to rebel Abu Sayyaf group of Philippines Reuters HEAVILY armed pirates kidnapped 20 people on Sunday, including 10 foreign tourists, on a tropical resort island off East Malaysia and headed out to sea, authorities saidReuters; AP - 523 words
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MARKET moves
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Article90 2000-04-25 15 ANALABS Resources, which is in waste management, rose by a hefty RM3.30 to RMS on its debut yesterday. Analysts expect the share price to rise further despite the current market consolidation as its prospects are bright. PhileoAllied Securities told its clients that it has valued the90 words
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Article70 2000-04-25 15 BOLTON Properties rose seven sen to RM2.54 on news that substantial shareholder Lim Yan Hai has revived negotiations to acquire a 30.3 per cent stake in Magnum Corporation from Multi-Purpose Holdings Bhd. But the price tag could be lower than the earlier RM3 per share. Magnum was70 words
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Article89 2000-04-25 15 Eddie Toh - Compiled by Eddie Toh NALURI Bhd still has not found a buyer for a 10 per cent block in associate Malaysian Airline System. Naluri, which owns 29 per cent of the national carrier, has to sell some MAS shares fast to shave its debts of89 words
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172 2000-04-25 15 KUALA LUMPUR Bloomberg TENAGA Nasional Bhd, Malaysia's biggest power utility, said yesterday that profit more than doubled in the first half to February from a year ago as power consumption increased following an economic rebound. Profit rose to RM970.2 million (*****.7 million), or 31.3Bloomberg - 172 words
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501 2000-04-25 15 KUALA LUMPUR Talks between the two firms 'ongoing', says Sing Tel TIME Engineering Bhd is likely to sign its deal with Singapore Telecom International (Sing Tel) before the May 5 deadline, contrary to speculation that the deal may be501 words
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Advertisement163 2000-04-25 15 v Vh-: ;^2^ i Incorporating: New Production Technology Show Exhibition of equipment, machinery, chemicals and services for pulp paper production Paper Products Fair Exhibition of the complete range of paper and board products Tissue Asia Exhibition of machinery and technology for tissue producers jjHHjj&HBdHM converters .Transport Logistics Asia Exhibition of163 words
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Advertisement137 2000-04-25 16 KmVs| A Member of H B American International Group, Inc. B H 1 I I I I You put your trust I can depend on. m I I; V I I I I i I I I I depend on us. I I EVERLASTING I *4\p? I Trust us for137 words
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SOUTH east asia
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Article, Illustration544 2000-04-25 17 MANILA Philippine tycoon seeking USsBoom for his entire 70% holding Bloomberg DEUTSCHE Lufthansa AG of Germany, Europe's secondlargest airline, is in talks to buy Filipino-Chinese tycoon Lucio Tan's controlling stake in Philippine Airlines (PAL), the country's flag carrier "I willBloomberg; FILE PHOTO - 544 words
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397 2000-04-25 17 JAKARTA Legal process of probe will proceed after that: A-G AFP THE Indonesian government will make a decision in August on the case of former president Suharto, currently under a graft probe, Attor-ney-General Marzuki Darusman said yesterday. "In August, there will be a politicalAFP - 397 words
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NOTEBook
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67 2000-04-25 17 Bloomberg [JAKARTA] Indonesia's bank rescue agency and Alatief Corporation, a company owned by the country's former manpower minister, reached an out-of-court settlement on US$l6.9 million (5528.7 million) of debt. The agreement is the Indonesian Bank Restructuring Agency's first victory in using the country's bankruptcyBloomberg - 67 words
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49 2000-04-25 17 Reuters [MANILA] Philippine commercial bank Urban Bank Inc said yesterday it had discussed a possible merger with retail bank Banco de Oro. The move was due to "the positive synergy of both banks", Urban said in a disclosure to the Philippine Stock Exchange. ReutersReuters - 49 words
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Article56 2000-04-25 17 Reuters [BANGKOK] Phillip Securities Thailand recommended yesterday an "overweight" position in Thai banks after seven of them reported an average 253 per cent year-on-year jump in operating profit in the first quarter Phillip suggested a "buy" on Krung Thai Bank, Siam Commercial Bank, Thai Military BankReuters - 56 words
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50 2000-04-25 17 Reuters [BANGKOK] The Thai government said yesterday it would focus on helping financial institutions tackle non-performing loans and cut big supply gluts in the property sector this year. A government spokesman said economic ministers endorsed plans for Prime Minister Chuan Leekpai's government. ReutersReuters - 50 words
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233 2000-04-25 17 JAKARTA Reuters RIOTS erupted on the Indonesian island of Batam, near Singapore, yesterday as thousands of people protested against new taxes, local police said. Batam police chief Nicolaus Eko told Reuters the protest went out of control when some demonstrators mistakenly thought police hadReuters - 233 words
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Advertisement27 2000-04-25 17 L. *U Medical questions? Ask Dr.Healthwho! i www. healthwho. com The where, who, how and what of healthcare ./A y O V v v i/i •cjt www.healthwho.coni27 words
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EAST asia
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224 2000-04-25 18 BEIJING Reuters CHINA should set up a bank exclusively for developing the impoverished hinterland, a senior government official was quoted as saying yesterday. The official China Economic Times quoted Land and Resources Minister Tian Fengshan as saying the government should found theReuters - 224 words
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Article, Illustration583 2000-04-25 18 The launching of second boards, Nasdaq's gyrations also cited as factors Reuters CHINA'S fund managers snapped up New Economy stocks in the first quarter of this year, but the fever is abating as looming WTO membership and the launch of second boardsReuters; FILE PHOTO - 583 words
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349 2000-04-25 18 WASHINGTON Reuters US Agriculture Secretary Dan Glickman will step to centre stage this week as the Clinton administration begins a final month-long push to persuade hundreds of undecided members of the House of Representatives to support a landmark trade agreement with China.Reuters - 349 words
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SINOBriefs
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Article98 2000-04-25 18 AFX-Asia [LONDON] MERRILL Lynch Asia Pacific has been severely reprimanded by the Hong Kong Securities Futures Commission for failing to prevent improper warrant trading by two former employees, according to Sunday Business newspaper. The report said that Merrill Lynch would not be able to trade inAFX-Asia - 98 words
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80 2000-04-25 18 AFX-Asia [HONGKONG] China is drafting new regulations on the financing of investments in cable television projects, Wang Wei, deputy director-general of the State Administration of Radio, Film and TV, was quoted as saying by the South China Morning Post. The regulations may entailAFX-Asia - 80 words
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77 2000-04-25 18 AFX-Asia [HONGKONG] Ericsson SpA plans to launch its wireless application protocol (WAP) mobile phones in China in the second half of this year, the Xinhua News Agency said. In a dispatch from Shanghai, Xinhua cited a source at Ericsson (China) Co Ltd asAFX-Asia - 77 words
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76 2000-04-25 18 AFX-Asia [TOKYO] Toshiba Corp will set up a joint venture in China in May to produce and sell circuit breakers for use in power plants, the Nihon Keizai Shimbun reported. The joint venture is capitalised at 7.54 million yuan (511.5 million), withAFX-Asia - 76 words
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82 2000-04-25 18 Bloomberg [SEOUL] Hyundai Motor Co, South Korea's biggest carmaker, and its affiliate, Kia Motors Corp, agreed to take over management of a joint venture in China from Jiangsu Yueda Co, their Chinese partner, enabling them to make further inroads into the world's most populousBloomberg - 82 words
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61 2000-04-25 18 Reuters [SHANGHAI] China's Ministry of Railways plans to issue two billion yuan (Ss4oB million) in bonds to finance railway construction around the country, industry sources said yesterday. The State Development Planning Commission has cleared the size of the issue, but the launch date andReuters - 61 words
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198 2000-04-25 18 SANTA CLARA Together with local firms, it will develop wireless Net tech Reuters INTEL Corp, the world's largest computer chip maker, was scheduled to announce yesterday that it would set up a centre in Beijing to promote wireless Internet technology throughout China.Reuters - 198 words
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402 2000-04-25 18 SHANGHAI Bnt higher erode prices narrowed profit margins Reuters EARNINGS of China's listed petrochemical firms recovered last year due to rising product prices, but high crude oil costs narrowed margins, analysts said yesterday. They said the sector also faced difficulties in theReuters - 402 words
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Page 18 Advertisements
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Advertisement1162 2000-04-25 18 HOTUNG GROUP wmmmmmmmmmmm HOTUNG INVESTMENT HOLDINGS LTD. NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of Hotung Investment Holdings Limited (the Company) will be held at The Westin Taipei Hotel, 133 Nanking East Road, Sec. 3, Taipei, Taiwan, R.O.C. on May 19, 2000 (Fri)1,162 words
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SOUTH asia
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Article339 2000-04-25 19 BOMBAY Last year, jnst nnder 50b rupees was raised through ADRs and GDRs, np from lib; upward trend seen to continue Reuters INDIAN companies are looking overseas to raise the bulk of their equity after successful launches in the past year, a capital market monitorReuters - 339 words
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Article, Illustration231 2000-04-25 19 NEW DELHI Water sources in Rajasthan, Giyarat drying up Bloomberg IN India, about 50 million people are likely to be affected by drought in the western provinces of Rajasthan and Gujarat, as water sources dry up. Prime Minister Atal Behari Vajpayee has appealed to theBloomberg; AP - 231 words
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215 2000-04-25 19 BOMBAY Company posts 74% jnmp in earnings, beating forecasts Reuters INDIAN telecommunications engineering and software services firm Global Tele-Sys-tems Ltd is planning an acquisition to boost growth further in the current year, its vice-chairman and managing director said yesterday. "We are lookingReuters - 215 words
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Page 19 Advertisements
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Advertisement12 2000-04-25 19 TODAY©** 1 Uanhe Zaobao Market downturn collapse or affection? J&rtrF» mmm? wmM12 words
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Advertisement301 2000-04-25 19 Introducing Maybank eCard for the eGe.~e:ar.ion. p:jj; pf B j||jj te|| HH pHTIH S j.nn.l mf. in, > f.n iwmm ii I •-';> ™5f h. V- v; ffr/v r f |H i I. Ha lIK 1 V*V I i——d^^M Eva*#* Ir Mfe I I I Bi J<t. a .im-ifi* ■■■i'301 words
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WORLD news
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806 2000-04-25 20 WASHINGTON Windows system, MSN and software may become three separate nnits LAT-WP THE Justice Department and 19 states are leaning toward asking a court to split Microsoft Corp into two or three separate companies in a plan designed toLAT-WP - 806 words
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302 2000-04-25 20 LONDON AFP THE British worker won back his right to strike without fear of losing his job yesterday, as a new law took effect that employers warned could revive the industrial confrontation of the *****. The legislation, which was passed last yearAFP - 302 words
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519 2000-04-25 20 LONDON It's said to be taking stake in merged UK-German bourse AFP, Bloomberg THE technology-laden Nasdaq exchange of US is to hook up with the London and Frankfurt stock markets in a three-way tie-up that would create a formidable trading system, the BritishAFP,; Bloomberg - 519 words
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Article, Illustration85 2000-04-25 20 [MOSCOW] Muscovites passing a statue ofa Russian sailor and Bolshevik of the 1917 Revolution in Ploshad Revoluzye (Revolution Square) subway station near Red Square in the centre of Moscow. Work on Moscow's subway began in 1932 under dictator Josef Stalin, and the stations are still fullAP - 85 words
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WORLDWatch
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93 2000-04-25 20 Reuters [NEW YORK] Financial services company American Express Co said yesterday that its first-quarter profits rose 14 per cent to a record high, topping forecasts, as the long-running US economic boom encouraged credit card use. The New York-based company, best known forReuters - 93 words
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117 2000-04-25 20 Bloomberg [NORWALK, Connecticut] Priceline.com Ine, an Internet bazaar for plane tickets, hotel rooms, groceries and other goods, said yesterday that its first-quarter loss narrowed as sales rose more than six-fold. The loss narrowed to US$l3.6 million, or 8 US cents a share, from US$l7.2 millionBloomberg - 117 words
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104 2000-04-25 20 Bloomberg [TOKYO] Japan's three biggest brokerages have had their credit ratings raised by Standard Poor's, reflecting the securities firms' success at cutting costs and the outlook for increased profits from their booming local capital markets business. Nomura Securities Co reported its best parent-only profit inBloomberg - 104 words
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87 2000-04-25 20 AFX-Asia [SEOUL! The head of the Fair Trade Commission, Jeon Yun Churl, said yesterday that the government is to launch an insider trading investigation into the country's 30 largest business groups on May 10. At the same time, he said, probes will be initiated intoAFX-Asia - 87 words
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324 2000-04-25 20 ■LONDON FT CREST, the settlement system for the London Stock Exchange, is to cut fees by up to two-thirds to gain a competitive advantage following the London exchange's proposed merger with Deutsche Borse, which could be announced this week.FT - 324 words
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395 2000-04-25 21 TOKYO It wants to provide interactive TV services via Internet and terrestrial digital TV broadcasting Reuters SONY Corp said yesterday it is thinking of tying up with a conventional television broadcaster, possibly Fuji Television Network Inc, to beef up its presenceReuters - 395 words
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Article, Illustration82 2000-04-25 21 Talk, hear and see clearer AFP [SEOUL] South Korean electronics giant Samsung Electronics Co yesterday unveiled a small thin-film transistor liquid crystal display (TFT-LCD) screen for use in mobile telephone handsets. The company said the two-inch reflective TFTLCD screen provides a resolution some four times higher than the conventional TFT-LCDAFP - 82 words
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563 2000-04-25 21 SAN FRANCISCO Asia-P&c market leads surge, up 36%, with US growing 17% AP, Reuters CONSUMER demand coupled with Asia's economic rebound led to double-digit growth in sales of personal computers in the first three months of the year. Research groups DataquestAP,; Reuters - 563 words
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Article333 2000-04-25 21 TOKYO It fell 2&9% from February to 93&2b yen last month Bloomberg JAPAN'S trade surplus shrank nearly a quarter last month as an improving economy fuelled demand for imports, making the surplus drop the first in three fiscal years. The surplus fell 23.9 per cent fromBloomberg - 333 words
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Article, Illustration410 2000-04-25 22 MOSCOW The Paris Club has been advised that there is no need for any write-offs FT, Reuters THE International Monetary Fund has advised the Paris Club of sovereign creditors that there is no need to write off any part of Russia's US$42FT,; Reuters; AP - 410 words
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391 2000-04-25 22 TOKYO Report says firm is seeking online banking licence Reuters GERMAN luxury car-maker BMW AG is preparing to apply for a banking licence to Japan's Financial Supervisory Agency (FSA), a business daily reported yesterday. But BMW Japan denied the report and saidReuters - 391 words
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349 2000-04-25 22 TOKYO AFP JAPAN'S Securities and Exchange Surveillance Commission (SESC) yesterday played down the severity of the infractions committed here by Credit Lyonnais Securities Europe-Swiss AG, the Tokyo securities arm of the French bank. "Our investigator has uncovered several operations which were not entirely legal butAFP - 349 words
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311 2000-04-25 22 TOKYO FT JAPANESE banks Sumitomo and Sakura have doubled their provisions for bad loans in a move likely to heighten concerns that Japan's banking sector is taking longer than expected to restructure its enormous loan burden. The two banks said they expected to writeFT - 311 words
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159 2000-04-25 22 SEOUL Reuters DEUTSCHE Bank said yesterday it was not considering a bid for South Korea's SeoulBank. "We are not considering taking over Seoulßank now, nor will we consider the takeover once it's normalised," Jackie Wise, a spokeswoman for the bank's regional head office inReuters - 159 words
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Page 20 Advertisements
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Advertisement166 2000-04-25 20 I/est frost The better way to cool your wine... Pa I I igH r.-Tni [I Mode In Denmark VKGSII VKGS7O BVKS67O Mode/ VKGSII VKGS7O VKG 571 BVKS6II BVKS 670 Gross Capacity, litres 306 377 381 290 358 (cuft) (108) (133) (135) (102) (126) Net Capacity, litres 288 355 358 274166 words
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Page 21 Advertisements
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Advertisement76 2000-04-25 21 SONY. Inspired by the Winning Presentation... j 0 v H/ j ...she slipped the projector in her handbag and with her brushes made sketches of her favourite places in the city. WlStCTol RO www^onyxom^orprvfMPMw For mora informetton. p«OM« can t»>e UXkwrfnfl Sony Autftorlaed Dealer* o%acm Oty Tel *****73 Cvwlowi Autfo76 words
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Advertisement63 2000-04-25 21 f n a t 1 q finatiq.com ©Remembering our name is the only difficult part. Because, believe it or not, we can make managing your finances easy. We'll gladly share our expertise to help you choose the best investments. And we promise to use plain English and common sense. Just63 words
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Page 22 Advertisements
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Advertisement697 2000-04-25 22 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I NOTICE IS HEREBY GIVEN that I, TAN THUANG HIM of 201, Jalan Loyang Bcsar *03-10 Casa Pasir Ris Singapore *****6, have applied for a Public House Ist Class licence in respect of M/s Kiki Pub located at697 words
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Advertisement339 2000-04-25 22 IN THE MATTER Of THE COMPANIES ACT. CAP* AND IN THE MATTER Of ASIAN BRIGHT SHIPPING PTE LTD (In Members' Voluntary Liquidation) NOTICE Of SPECIAL AND ORDINARY RESOLUTIONS I Punuant to Section 2WX2Xb» At an Extraordinary General meeting of the Company held at 11 Kcppel Road. Bth Floor RCL Centre.339 words
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Advertisement323 2000-04-25 22 IN THE MATTER OF THE COMPANIES ACT, CAPSO AND IN THE MATTER Of RCL HOLDINGS LTD (la Moßberi' Voluntary Liquidation NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Punuant to Section 294(2Xb)) At an Extraordinary General meeting of the Company held at 11 Kcppel Road. Bth Floor RCL Centre. Singapore *****7. on323 words
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FINANCE & commodities
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178 2000-04-25 23 Edward Cheung Jardine Fleming - SGI Derivatives Tradln^Reports MSCI Singapore Index Edward Cheung Jardine Fleming THE Singapore stockmarket ended lower in thin trading. Investors remained sidelined in anticipation of further volatility in the US markets after the Easter break. The Straits Times Index yesterday closed down 30.49178 words
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310 2000-04-25 23 Chan Yet San Refco Singapore - MSd Taiwan fatnres Chan Yet San Refco Singapore TAIWAN stocks closed lower as investors stayed at the sidelines. The Taiwan Stock Exchange Weighted Price Index gave up 312.39 points or 3.43 per cent to settle at 8,808.09, near the day's low of310 words
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Article265 2000-04-25 23 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed after gaining more than 6 per cent last week, on signs that producers are satisfied with current prices, even after they fell by one-fourth since early March. The Organisation of Petroleum Exporting Countries' (Opec) decisionBloomberg - 265 words
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Article306 2000-04-25 23 Bloomberg New York THE US dollar early yesterday slipped against the yen and the euro as futures on the three major US stock indexes fell. Dragging stock futures lower, shares of Microsoft Corp fell amid newspaper reports federal and state officials are considering breaking up the company. InternationalBloomberg - 306 words
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Article, Illustration1237 2000-04-25 23 IMTBRBAMK CEOSB »ATBB Apr 24 AS CS f» Ure Ftr li$ Mb HH+ Yon Wow III »8Mh N S$ »«X Sir MT$ 8att Nmt g Australia 0.875 4.930 0.432 4.M7 L236 4.626 25.930 46.599 0.628 6.584 2.257 1.*****.796 24.517 1010 3.999 0.994 18.167 22.522 0.377 0.594 Cms* IM3 5.637 0.7231,237 words
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Article1778 2000-04-25 23 8IC0M HFTOEBB Apr 24 RUBBER (Uns closing «s <t 5.30pm) RSS1 CONTRACTS ctnu/kg) Close Votame OpM Mont* Htgft law Sett (tonnes) Interest May 00 117.25 Jm 00 120.00 600 Jul 00 122.00 200 Aug 00 124.00 200 ISS 3 CONTRACT (US cwtsAfl) VofcNM OpM Mow** Low Sett (tOMQs) Irttnrt •to*1,778 words
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Page 24 Advertisements
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Advertisement248 2000-04-25 24 INVESCO INTRODUCES A CHOICE OF I WORLD-CLASS FUNDS FOR YOUR LONG-TERM FINANCIAL PLANNING 9 r L|l f W :f%L; V-'*' vfyTs v frs. <,* v V *V N» A V v• K\\ v V t V -v N ~v v .--r < v. Successful investors know the importance of a248 words
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STOCKS east asia
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Article359 2000-04-25 25 AFP □*P Index -***** TAIWAN share prices closed 3.4 per cent lower yesterday on heavy selling of technology issues, dealers said. "Sell orders rushed in on Systex Corp's disappointing performance after going exdividend as investors anticipated a further correction in the prices of Internet-related shares," said Alex Yeh, anAFP - 359 words
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Article2004 2000-04-25 25 TOKYO AFP Q Nikkei 225 *227.47 SHARE prices in Tokyo rallied 1.2 per cent yesterday on short-covering after the revision of the key Nikkei 225 Index component issues triggered heavy selling last week, brokers said. The key Nikkei 225 Index gained 227.47 points to end atAFP - 2,004 words
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Page 25 Advertisements
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Advertisement353 2000-04-25 25 The Hftiigfcftng market was closed yesterday BUY*f SBLU FlNft* Classified ads can get you stereo equipment for a song. No matter what it is, you can always buy it, sell it or find it with the Classified. Tol l FR E E 1800-737-1166 [cAT&J g Call Today For Results Tomorrow.353 words
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STOCKS klse
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Article8989 2000-04-25 26 INDUSTRIALS Cmsmmt protects 2000 Lad Vol Day Net Cap Mm. l— c—i»—y «n •ooo hh> l— p/i urn 420 310 AJInomoto 368 23J 149.2 158 91 Angkesa 96 -3 48 100 95 1416 670 290 Apollo Food Mlg 478 8 10 486 466 11.4 1912 3025 2700 BAT 50C 29258,989 words
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Article, Illustration436 2000-04-25 26 AFX-Asia Composite Index -ILIO SHARE prices closed lower amid uncertainty over the near-term direction of Wall Street, with forced selling activities further pressuring the market, dealers said. The KLSE Composite Index closed down 11.10 points or 1.23 per cent at 887.88, off aAFX-Asia - 436 words
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Page 26 Advertisements
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Advertisement18 2000-04-25 26 1 fHy rn# worldt fIRMU j] nn-.stnutsTiMWN Photo essay a creative way to recruit the riqht talents. loOO*74rlooJ18 words
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SGX clob & regional stocks
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Article3199 2000-04-25 27 BONDS WARRANTS Apr 24 ■t M rnml l«mn U-«Mt L«t M Day HiIBiiIi A«« m—4 Can bar DMt Mtfea lm staa —r—r <"*8*> U» »w M> Ma MM tab* Mm C*» tiirtHl uft 80 17 s 3164 Acma W*****4 '8 17 17 17.5 19 4t0 1 300 160 7.18 153,199 words
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Article287 2000-04-25 27 AFP n Composite Index -19.58 THE Korea Stock Exchange closed down 19.58 points at 747.58. Volume was 175.2 million shares worth 1.7 trillion won. —AFP A nam Sami *5450 SO BrataTacft 1280 K) Central Bank 2180 -45 CtwUComm *****0 -6500 Dm Gu Bank 2090 -40 Daaiano Corp 2330 -30AFP - 287 words
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Article276 2000-04-25 27 AFP rl Composite Index *0.46 THE Philippine Stock Exchange Composite Index yesterday added 0.46 of a point to close at 1,664.46. Volume was thin at 886.9 million shares worth 480.20 million pesos from Wednesday's 2.39 billion shares worth 1.43 billion pesos. Pete (000) MRC AMed 0.53 unch 0 AbacusAFP - 276 words
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Article, Illustration707 2000-04-25 27 AFX-Asia P Composite Index +4.45 JAKARTA share prices closed firmer led by blue chips amid bargain hunting, with positive comment by visiting International Monetary Fund acting managing director Stanley Fischer lifting sentiment, dealers said. The Composite Index closed up 4.45 points at 530.85. Volume was 202.8 million shares worthAFX-Asia - 707 words
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Article, Illustration778 2000-04-25 27 AFX-Asia P SET Index -006 BANGKOK share prices closed slightly lower in light trade, with late profit-taking offsetting earlier gains driven by retail investor interest, dealers said. The SET index closed down 0.06 of a point or 0.02 per cent at 395.00. The SET 50 Index was down 0.01AFX-Asia - 778 words
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Page 27 Advertisements
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Advertisement91 2000-04-25 27 ON HOB'S I I D ISSUE AND 1 I I u "i"* investment poßTTouo I nvnt Linn J IPO. Shares. Bonds. Stocks. Annual Reports, m I I Whatever you're offering, we help you reach out II to 86.7% of all adults In Sinqapore daily. TT7™ I m j| The Straits91 words
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Page 28 Advertisements
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Advertisement91 2000-04-25 28 Look Beyond M your j^ffl 1 > m I Jk Unleash the Power of 64-bit Computing With the birth of 64-bit Linux Servers, Donovan marks a change in this new generation of computing. Driven by Sun UItraSPARC™ technologies, you will experience the true combination of power and stability. Its unmatched91 words
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Article8945 2000-04-25 29 SGXMAXMBOAKD Transaction date: Apr 24 6r Gr M in 32-Wk Laat Vat Day Last Quota Dlv Otv VM Nat Cap M Mm> L— StHa »ala rOOOi High Law Buyr *Mm Cw PH. >■* *W MULTHNDUSTVY 102 9X5 m c 1000 AcmaSOc 122 cd -1 162 122 120 1248,945 words
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Page 29 Advertisements
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Advertisement84 2000-04-25 29 i IV 0> hBT -> 7i a a*'' Who is behind an Audemars Piguet watch: Cortina Watch Centre m waii amf at sinuapow Regional Agent f) Service Cenlro: AUDI MARS PIGUF-T (SINGAPORE) PRIVATE LIMITED. Cortina Watch Centre Pte Ltd 01 Orchard Roatl #Oi 10/11 Whet-lark Plate Singapore 7 *****. Tel:84 words
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JAPAN politics
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Article, Illustration674 2000-04-25 30 Anthony Rowley - Next election, expected in June, could see Democratic Party chief replacing Mori as prime minister From Anthony Rowley in Tokyo DRAMATIC changes could occur on Japan's political scene as a result of parliamentary elections expected to be held in June, with the rulingFILE PHOTO - 674 words
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Page 30 Advertisements
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Advertisement44 2000-04-25 30 (Please tick appropriate box) Buy Sell Run fur your life To get the facts, and what the top brokers in Singapore say about tech stocks, hot stocks and other stocks, log on to www.asiastockwatch.com Check it out: Broker's Picks Editor's Picks Chartists' View pawpociwdio.com44 words
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Page 31 Advertisements
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Advertisement385 2000-04-25 31 Where to wine, dine and entertain..."~t (o>sa aaai^ Check out these great offers, a tribute to all secretaries during the month of April. Club 5 two Secretaries only learn ballroom dancing free of charge every Tue, Thur Sat from 8.30pm to 10pm, plus enjoy 50% off all drinks from 6pm385 words
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Advertisement56 2000-04-25 31 SECRETARIES' WEEK 24-28 April 2000 fashion show featuring top male and female Australian models Mandarin Ballroom 6th floor, South Tower 12 pm 2.00 pm (daily) $46 nett per person $36 nett per person (Minim Dine-mcs/ Diners Cird holdersi Reservations: 831-6288 ffamhrm Sitgaparr BB m-m ■HITUJ Orchard Road. Singapore 2 )M6756 words
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Page 31 Miscellaneous
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Miscellaneous1184 2000-04-25 31 '•■lousiness nmes, Tuesday, Apri125,2000 rage ji TVF:TCT» cbtptic crossword Movie: Flash Framed. Parliament. L3O Your Investment (r). p rTTBTTni I P I P 9.00 AM Kids Central-The 330 Caprice's Travels. 10.45 Unexplained Cases. 2.00 To 6.00 am: Real time Mil I L Big Comfy Couch 4UM Planet Ex (Lastep). 12.361,184 words
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KNOWLEDGE economy
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Article, Illustration1579 2000-04-25 32 PATRICK LAMBE - Today's managers are like the Portuguese explorers of yore hunting down the fabled Spice Islands, says PATRICK T.AMBB in the second of a two-part article on how managers should deal with risk PATRICK LAMBE The writer is manager, business development, at The British Council AS Alan GreenspanFILE PHOTO - 1,579 words
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Page 32 Advertisements
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SHIPPING TIMES
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Article300 2000-04-25 33 Bridge News, Reuters THIN chartering demand for all sizes of vessels led to all of the Baltic indices posting losses on the last trading day ahead of the Easter holiday. The Baltic Dry Index (BDI) lost five points to 1,656, the Baltic Capesize Index fell nine points toBridge News,; Reuters - 300 words
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Article299 2000-04-25 33 Stx *009 Apr 24 *h w CWT Distribution Oil -002 23 ChuanHup 0J7 -0.01 1055 Cosco lnv*stm*nt 0.17 -0.01 17 Fr*(ght Links 0.24 -0.02 317 CB Holdings 0.63 -0.02 1 H« Sun Hup 0.69 -0.01 72 l»«C Holdings-HK 5.60 until 0 J«y« Holdings ai6 unch 144 K*pp*l Corp299 words
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393 2000-04-25 33 But the former soldiers are unarmed, says security company [SINGAPORE] Some leading shipowners and operators, including the world's top cruise companies, are employing Gurkhas on their vessels for anti-piracy duties. According to publicity material from Anglo Marine Overseas Services, P&O Princess Cruises,393 words
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177 2000-04-25 33 [SINGAPORE] Britain's maritime and coastguard agency detained a registered vessel after it was declared "dangerously unsafe" following an inspection. The 250 gross ton merchant vessel Seerosel was enroute from Germany to Haiti when it sought shelter from bad weather in Poole Harbour. A UK177 words
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Article, Illustration53 2000-04-25 33 [GENOA] Some of the tall ships leaving the harbour of Genoa, northern Italy, boundfor Cadiz, Spain where they will meet others coming from Southampton, England and will cruise in company to Boston, Massachusetts and Halifax, Nova Scotia, Canada, sailing in the "Tall Ship 2000 Race ofAP - 53 words
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321 2000-04-25 33 David Hughes - Landmark deal will make shipbreaking cleaner, safer at Jiang Yin scrapyard From] David Hughes in London ANGLO-DUTCH container shipping firm P&O Nedlloyd has entered into a landmark agreement with China's Jiang Yin scrapyard for cleaner and safer shipbreaking. The five-year deal with321 words
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PORTShots
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85 2000-04-25 33 AFX-Asia [SHANGHAI] Shanghai's port handled imports totalled U5510,177 billion (5517.3 billion) in the first quarter, up 74.1 per cent year-on-year, the China Daily said, citing figures from Shanghai customs. The report said roughly 56 per cent of imports were machinery and electronics products. It saidAFX-Asia - 85 words
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68 2000-04-25 33 [LONDON] The UK inquiry into the loss of the Derbyshire with all 44 crew in 1980 during Typhoon Orchid has begun. It reopened proceedings with the presentation of new video and photographic evidence taken from an underwater study of the wreck. The UK attorney-general68 words
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Article46 2000-04-25 33 [LONDON] South Africa's port authority Portnet has appointed Tau Morwe as CEO of its port operations division. Mr Morwe will take up his position in Durban, rather than Johannesburg, and has said he intends to bring in greater private investment to port operations.46 words
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Article39 2000-04-25 33 [LONDON] Ceres Group's Peter Livanos has been elected as the new chairman of Greece's Helmepa environmental protection group. He takes over the post from Captain Vassilis Constantacopoulos of Costamare, who has been made honorary chairman.39 words
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SHIPPING news
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Article, Illustration386 2000-04-25 34 Jackie Hallifax - By Jackie Hallifax AP [TALLAHASSEE] FLORIDA can prosecute a man for crimes he is accused of committing on a cruise ship 160 km offshore, the state Supreme Court has ruled. Justice Barbara Pariente wrote in the ruling issued on Thursday: "Florida'sAP; FILE PHOTO - 386 words
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156 2000-04-25 34 Bloomberg News [MANILA] INTERNATIONAL Container Terminal Services, the Philippines' largest port operator, said it has won a concession to run a port in Tanzania. ICTSI, as the company is known, told regulators in a statement that it has been asked byBloomberg News - 156 words
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Article183 2000-04-25 34 PAGE 0'Ocean 5 ACL 6 DSR Senator 4 •AM. 3 t>rtMS 4 Accord 8 °>* L,0 d 8 Append 5 J Austral 8 E,StranS 6 ECl 4 5 ECU lint 6 BSA 7 B tana Mas 8 6 8 00,1 7 Clink 4 •Clipper Gemartrans 6 8183 words
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Article17998 2000-04-25 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone j SIN Destn Name Name Number Number SIN Dest'n Name Name Number Number 03/05 14/05 Evergreen ITHA BHUM 4* 6*392im 1 To ABIDJAN (ABJ) 2003 Cot* D'lvolre ovm m/os ncpl itha bhum v«t17,998 words
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SHIPS IN PORT
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Article664 2000-04-25 45 Vtssel VoyNo Berth Arrlvil Dtparturs Marcopoto 48 POT045 JK 24/04/4:25 25/04/8:00 Pionetr Sail *002 JOS 24/04/2:55 25/04/8:00 See Capricor *****1 J12 24/04/6:50 24/04/1900 St Swnter S3 ***** J01 24/04/8:15 24/04/2000 hi 2509 504 JI2 24/04/8:05 25/04/700 Ig Johor 18 *2006r J07 24/04/8:35 25/04/0:14 Tropical 34 04/00 J15 24/04/10:45664 words
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Article1930 2000-04-25 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Ported From To From MI MWSOB OJ*A 25/20*0 w 24/BIO 24fl*» 24/800 M 24/1900 24/1659 2V1900 U 24/1700 25/0*59 25/0900 a 24/1700 25/0659 25/0900 J 25/0700 25/1159 25/1400 A* SJNGAKW 039E 26/ltOO 2VH00 24/8991,930 words
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Article178 2000-04-25 45 Mayl France: Labour Day. Germany: Labour Day. United Kingdom: May Bank Holiday. Hong Kong: Labour Day. Malaysia: Labour Day. Philippines: Labour Day. Singapore: Labour Day. Taiwan: Labour Day. Mays Thailand: Coronation Day. May 11 Hong Kong: Buddha's Birthday. May IS Thailand: Royal Ploughing Ceremony. May 17 Thailand:Visakha Bycha178 words
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Article775 2000-04-25 45 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual775 words
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Article354 2000-04-25 45 Crt,, ISO Mil 9912 0.6 15.4 0.09 90 0.05 ***> SESS2. So'ST *W 0° 13.4 0.0? 38 0.03 JJ2 380 Mm 991.4 0.9 17.9 0.09 72 0.06 M/M»l %M/M M/M mi Wo *ow G3S 1 0 0 0 0 0_ ISO/Cmmc Units SpK U5 991 i!3354 words
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AIR & LAND transport
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446 2000-04-25 46 Airine board gives banks go-ahead for share sale; approves loan plans for 2 plane deliveries Bloomberg [BANGKOK] Thai Airways International said it plans to invest 14 billion baht (*****.4 million) to set up services at Bangkok's new airport, which isBloomberg - 446 words
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298 2000-04-25 46 Reuters [PARIS] Dubai's governmentowned Emirates airline is set to become the first carrier to announce its intention to buy the Airbus A3XX superjumbo airplane, an industry source said. A brief report in French weekly Le Point said Emirates would announce in Cairo itsReuters - 298 words
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224 2000-04-25 46 Reuters [SHANGHAI] China Eastern Airlines, one of China's major carriers, plans to seek a global alliance this year to prepare for China's WTO (World Trade Organisation) entry, the official Shanghai Daily said yesterday. The airline would also expand its fleet to aboutReuters - 224 words
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202 2000-04-25 46 AFP [MANAMA] Qatar Airways started flights to Bahrain yesterday, as part of a normalisation in ties between the two Gulf states despite a land dispute. According to the official news agency GNA, Qatar's transportation and communications minister. Sheikh Ahmad bin Nasser al-Thani, was on theAFP - 202 words
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215 2000-04-25 46 Bloomberg [GUANGZHOU] China Southern Airlines, the largest carrier in China by fleet size, said a newspaper report that airlines are set to see fewer tourist travellers because they are barred from offering discounts was not true. About 100,000 people inBloomberg - 215 words
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Article, Illustration636 2000-04-25 46 Aussie airline to look into complaints of panic among some crew during incident AFP [SYDNEY] Qantas yesterday blamed torsional failure possibly caused by corrosion or a stone chip but not cost cutting for a runway crash involving one of its *****0sAFP; AP - 636 words
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Article1812 2000-04-25 46 CITY FlIGHT ETA Flight ETO 0f6 W05 LM6373 23S0 IMM IA7381 1930 IA7382 2055 MT3t3 2335 M26 2X0 0f81 1930 0FB2 2055 FiMl S0989 1530 S0990 0I» AN8229 2230 tmyn, S0803 1910 CZ3S2 0910 LH6380 2230 U351 2045 S0604 1020 ***** 2230 Naaai VK0741 13W ******01,812 words
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Page 33 Advertisements
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Advertisement338 2000-04-25 33 t 1 fj n I^^—.'-di ,-ayMiK A P AtIDCrC The Sin< 3 a P° re Polytechnic is holding three courses starting on May 8. The wjJUllwti advanced fire-fighting, a six-day course held at its continuing education centre, costs $566.50. The advanced oil tanker safety, is conducted over 10 evenings and338 words
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Advertisement21 2000-04-25 33 Cruise crimes Florida acts to protect its tourism industry hp Thai Airways to spend 14b baht on new Bangkok Airport Bar21 words
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Advertisement86 2000-04-25 33 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated. Shipping Times now features a full page on logistics on Thursday every fortnight with news of current86 words
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Page 34 Advertisements
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Advertisement783 2000-04-25 34 NORTH AMERICA -H' QULF/INDIA SUB-CONTINENT |SUPER SHUTTLE EXPRESS (SBJQ lOUl* KARACHI EXPRESB (OKX) "vtSSEL VOT IGO P~yN™™"™i PKLANC VlSSfl VOT MM MM KWT MA HMD CM MIANG SM OOaatfTAM 32W514 11/04 10/04 02/05 WO NIDUOYD lANDARAMAS 041 14/04 14/04 14/04 11/04 19/04 14/04 M/M 11/04 00CI ANBtCA 41W515 19/04 07/0S783 words
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Advertisement712 2000-04-25 34 Lines services represented by ifs'Ztk «i Members of the Registry of .kw.k. Members of the Accredited Shipping Agents, jT Sin 9Qpore Logistics Singapore Shipping Association Association ULY UNE MALE I VfSSU VOY HA ns Ett P. HUMC SfORI mu Empress Lily VO4OO 25/04 26/04 04/05 Princess Lily VO4OO 13/05 15/05712 words
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Page 35 Advertisements
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Advertisement1077 2000-04-25 35 SAX SERVICE (DIRECT) 1 vtssa vot sura m m pm~ hqu o» cx mm m ntc tfl MM 019 C 12/04 27/04 02/05 02/05 02/05 02/05 02/05 02/05 03/05 03/05 APIGAOCT OV9€ 20/04 05/04 09/05 09/05 09/05 09/05 09/05 09/05 10/05 10/05 tfisrwa 019€ 26/04 11/05 16/05 16/05 16/05 16/051,077 words
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Advertisement1664 2000-04-25 35 Cbil»h Wrn« hilhi ®HANJIN SHIPPING MLbI U 4 MseWr>L«o -S*s *****30 haunn shipping (S) rn LTD i*» >■»<«» lootrnc *****3473; s*m *****74 731 nomht ********** onmnoits *****50 ?si mm u« *****55 m *****45 amo nagßNßi |TO NW USA A CANADA| USA CANADA'" HM VSI/VOY MM SM UW HAUL/VOT SIA TO*1,664 words
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Advertisement202 2000-04-25 35 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I HOUSEHOLD REMOVAL AND CAR TRANSPORTER LCL CONSOLIDATION SERVICE An annate of Mitsui OSK Lines Hsi Sun Hup Group |"Z7 Caoov Eartss Logistics Ft* Ltd r*-> ocstinatkjw .tia aoaa »Boon L»y202 words
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Page 36 Advertisements
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Advertisement1631 2000-04-25 36 DSR-SENATOR LINES TO UK/CONTINENT TO MEDfIIIKRANEAN/CANAPA VtSStt VOY a!T" UH HTM HUB HAM OHV FIX VtlSB VQY SW Gn SW FOS VIC MTB PUSAN SENATOR 0013W 25 04 12 00 14 .00 15 OS 10.00 17 00 1106 SHANGHAI SENATOR OUCW 27 04 14 05 10 05 10 OS 201,631 words
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Advertisement787 2000-04-25 36 am MAfi-lIELS S PORE M'SIA Carrier: MN CONTR UNES, INC p.gudang:<o7)3BB3726 I ~J CM NOi **********0E SBU: (084) *****9 MANILA: (632) *****24 I—'1 W PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT: (21)*****45 KUCHMG (082) *****1-3 PORT KIANC MOJI/HAKATA MV "MED TAICHUNG" V.l 50S MV787 words
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Advertisement743 2000-04-25 36 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS *01UNO MUMfUUCOLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN ICO POINTS Vessel S PORE N SHEVA COLOMBO PKUUtC CAPE CANAVERAL V I Z?W 30 APR 09 MAY 13 MAY 19 MAY TULSIDAS V 124 07 MAY 1( MAY 20 MAY 20 MAY CAPE743 words
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Advertisement1873 2000-04-25 37 ivKSiL VOY KMH I HK6 I SIN I W6 I 6XI bMM I U MK IRAN SATTARI PCL-152 26/04 28/04 02/05 03/05 13/05 14/05 20/05 15/05 IRAN BAAKERI PCL-153 03/05 05/05 09/05 10/05 20/05 21/05 27/05 22/05 IRAN HESABI PCL-154 10/05 12/05 16/05 17/05 27/05 28/05 03/06 29/05 IRAN SHAHRYAR1,873 words
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Advertisement1178 2000-04-25 37 NEW SiKWCI 1 .Or MKKCTTO COiOMtO I MW I X EYIIT WEDNESDAY J I GENERAL AGfNTS IN SINGAPORE: 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) B COSTAR SHIPPING PTE LTD #12-00 SALIS/BKGS 4205«57/43 INWARD DEPT (D/O) *****85 COSTAR AGENCIES (M) SDN BND Ct NO: **********0 M SINGAPORE1,178 words
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Advertisement1031 2000-04-25 37 EUROPE EXPRESS SERVICE EXPORT TTmPORT VBStt .VOJ .SB Lfll KTW .MB HAM OHY fll j£Bs£l VOT m MAM fti M PUSANStN 013W 15/04 12/05 14/05 15/05 It/05 17/05 11/05 HJ AMSTOOAM 0331 06/04 00/04 11/04 11/04 I 30/04 HJPOOTUNO 037W 02/05 1 9/05 21. 05 71/05; 23;05; 24/05 25. OS1,031 words
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Advertisement1472 2000-04-25 38 EUROPf /UK/SCANMNAVIA/FINLAND/ RUSSIA SERVICES EXPORT IMPORT vbsh/voyage to Imi| hk imp zh lamw |u>v vishl/yqta« ,mv IIP* .fflr !niw [hk. sgt soevroprwoii w.m 11/05 20/o_s 22/ os 23/05 ?4/os ?4/os l reward reo3l t*/M ez/M-.Qi/M .Qi/04 ,11/04 qi/ps l 6eneralrwozo oe/os 28/05 30, os 3i/os toj/ot 1 refine relhs Ji/H-Jiigj1,472 words
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Advertisement1018 2000-04-25 38 ADVANCE CONTAINER LINES (PTE) LTD Hill TEL: *****21. FAX *****19. TELEX :RS ***** ACLPI. CR NO *****8****** FOR BOOKINGS PlfASf CAli: *****22 SALES ft MARKETING *****2128 vessel VOY UN kk vtssa VOY an JKT SBSAMUTIBMTI *****5 21/4 Fn 24/4 Mon UAOHt (UTCI) 040 25/4 lue 29/4 Sol KOIA RAIMA (RftJ/LOi)1,018 words
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Advertisement406 2000-04-25 38 IMiW'MHi'HI SO TEL OK OLANGAH ROAD *02-02 CTnPORT CENTRE SPORE *****1 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa MR En ETC OESIMKTON MABUKWA 16.? MM ?i/U?M 2MI/1000 PALEMOANG PKL OALAM lIMAMUI 03/2000 20/04/2001 26U?ttO PONTIAMAK MABUKWA 17/2000 02A&/2000 03/0&/2000 PALEMBANGTKL tALAM lIMAMUI M/ 2000406 words
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Page 39 Advertisements
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Advertisement440 2000-04-25 39 tat MYANMA jBBk FIVE STAR LINE r (Myonmor Notional Line) Loading for Tango* Vissa VOY SIM PKL KM PGU HPA-AN 267W SLD SAGAING 66W SU) MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES KUL HI (03)*****00 PKL TE (03) *****01 POfc TO (04) *****02 PGU: TE (07) *****21/4 BANK LINE (A service of440 words
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Advertisement1156 2000-04-25 39 HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT SM SOU lUN I RIM I MIT I IMM IWV [*BSa VOT I SOU I IEH I «TO [AW HAM WV HT COMMODORE 32SW 27/04 IS/0S 20/05 17/05 18/05 MOB S32E 07/04 08/04 01/04 04/04 15/04 RMC S33W 28/04 11/05 20/05 14/05 14/051,156 words
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Advertisement662 2000-04-25 39 wallenius wilhelmsen TO NORTH AND LATIN AMERICA Ro *o HEAYYUFT SERVICE" [VESSEL VOY RAMP HEIGHT SIN LK MAO MIA SAV ML ORF I NYC NEW MOt TOM AHOO9 400TMS 6.3 M 29/04 25/05 02/06 05/06 07/06 09/06 10/06 12/06 16/06 19/06 TAftONGA AHOIO 400 Tom 6.3 M 10/05 09/06 17/06662 words
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Advertisement841 2000-04-25 40 lAMQKOMIAP TA PHUT/LAIM CHABAHO Ji ,KARTA/ 'ANJANO YKtt 1 YOT 1«l m I MTT I LCH mm* M Ma— —jg K IMS MM* HUT' um toft 71/04 mtHUM 2b, M 2UM 30/04 MATHU IHUM 4*?N ?t/04 30/04 'xm BHLJM S7SB TjiQj 30, 04 Hummm- 493!L_J4Z2< m BM_ fflMflfiltor M =g=Z841 words
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Advertisement368 2000-04-25 40 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE vst WT ro a RB w m IB m m .tura i *T QMT 11/04 10/05 11/05 15/ OS kmmsmm ~m OMT 01/05 Ti/w ii/os u7« it/is Anivcrr "ST M/MW/OS IS/05 ii/ 05 OTK */i»~ MBMUUD IjT 15/0S It/05 14/05 a/05368 words
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Advertisement544 2000-04-25 40 VESSELS VOY SW j PKL JED MLA LEH HTM HAM ZEE SOT H VILLEOE TANYA T37W 01/06 02/06 11/06 16/06 22/06 23/06 25/06 26/06 28/05 VILLE DC TAURUS A37W 08/06 ***** 17/06 22/06 28/06 29/06 31/06 01/06 CXVO6 VILLE D'AQUARIUS U37W 15/06 16/06 25/06 29/06 03/06 ~~Q4/06 ~~0M)6~ 07/06 09*06544 words
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Advertisement10 2000-04-25 41 Port of Tanjung Peiepas AOVANCEOjgfip^pJjl HHL fl j XME^H ■HußMb10 words
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Page 43 Advertisements
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Advertisement47 2000-04-25 43 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 Woridgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe To CAQTMAI AYCIA MIDDLE EAST/ EAST MALAYSIA MJirt servitc DETAILS Pg 8 7 (Barwil)47 words
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Page 45 Miscellaneous
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Miscellaneous130 2000-04-25 45 NAUWE^THER la^T^^LsaEJ LEGEND: Issued by Meteorological Service Singapore Thunderstorm jl showers /N\ V n Temperature Wjnd dj rec tjon and speed in knots Kain Weather Cloudy Day CX Hazy Sea Conditions Wind speed symbols j Slight < j 2m O Full circle w/o line indicates calm or light and variable130 words
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Advertisement27 2000-04-25 46 TASTE THE SWEET REWARD OF 3,000 BONUS ASIA MILES WHEN YOU JOIN NOW. AND FLY T O HONG KONG FOR ONLY $688. A I >ii i iM27 words
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