The Business Times, 17 May 2000

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Total Pages: 46
1 46 The Business Times
  • 10 1 ITheBusinessTimes MITA fP) 035/12/1909 85C SINGAPORE WEDNESDAY, MAY 17, 2000
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  • 70 1 sn 2JKUB (+48.19) MBT-SKI UWjB (+15.66) Jlsmsa futures U 207J0 (+2.40) STOCK HAKXET INDICES WMwsd»y Change KLSEOOMP »17J6 +7.11 NIKKEI *****.25 +237£6 HANG SENG 15,180.29 +278J9 SET INDEX 350.22 +10-85 JAKARTA COUP _4§7.82 -18J1 MANILA COMP _L507J6 -9.11 TAIPEI WPI 8,727.tt +262J? SEOUL COUP ***** *18.1 CLSA CHINA
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  • 79 1 FOBEX BATES USI St US$ 1.730 £(L'SS S$ per 1.498 2592 EURO(US$/SJ/E) 0.909 1572 DM 2152 OJMH YEN 1089 1589 RM 3.300 0.455 HKS 7790 0222 BAHT 39 JO 0.044 RLT1AH 8515 0.020 SS to MO units PRIME SATES SINGAPORE* 5.80 KUALA LUMPlTt 7.67 JAKARTA 39.10 BANGKOK 9J0 MANILA
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  • 591 1 3am l w-\ i d Steady consumer prices in April fail to stay Federal Reserve's hand Bloomberg Reuters [WASHINGTON] The Federal Reserve yesterday raised US interest rates aggressively to stop the booming economy from overheating and suggested it was intent on increasing
    Bloomberg; Reuters  -  591 words
  • 842 1  -  It's seen to fall below 9,000 to US$ despite moves to bolster it Prom I Shoeb Kagda in Jakarta EVEN as President Abdurrahman Wahid yesterday moved to try and bolster the beleaguered Indonesian currency, market players indicated little hope for the rupiah,
    Source: Bloomberg  -  842 words
  • 555 1  -  I^Jlexclusive It is polling out of IDA-backed info-communications trade show By I Catherine Ong [SINGAPORE] Singapore Telecom, the leading phone company here, is pulling out of CommunicAsia 2000, the biggest info-communications show in town and backed by the local regulator. Sing Tel spokesman Ivan Tan yesterday cited
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    • ON THE grapevine
      • 57 2 SINGAPORE Telecom said it is pulling out of CommunicAsia2ooo, Singapore's biggest telecoms, broadcasting and IT show, because it has a limited marketing budget. Hearing this, one observer commented: "Yeah, they spent all of it in Hongkong and Malaysia." Suffice to say, this is one deal
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      • 90 2 THE price war among phone companies in Singapore is turning colourful. An advertisement by Star Hub, Singapore's newest telecoms operator, appears to bear this out. Its ad in yesterday's The Straits Times compared its charges for a 10-second outgoing call with those of two competitors, which it
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      • 113 2 OUR usually reliable mole gave us the inside scoop on how DBS Bank got its latest foreign talent. Philippe Paillart became available after his company, the car giant, Ford, shifted gears on its Asia strategy. He was chairman, president and chief executive of Ford Motor Credit
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      • 84 2 IF every business and its subsidiary is going online, why not fund-raising? A group of church members at the St Peter and Paul Church at Queen Street are taking orders for rice dumplings at their Web site to raise money to renovate part of the
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      • 65 2 WE recently received an invite to an e-commerce seminar organised by two New Economy companies DotComßrokers and Internet Call Centre. You'd expect these companies to use cutting-edge Internet technology to process RSVPs, but no, you have to fax in your registration form "for confirmation" because an e-mail
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      • 94 2 IT wasn't from reading a balance sheet that led venture capitalist Jon Moulton to BMW. According to Car magazine, it was something far more revealing: camouflage netting. The Alchemy Partners boss through his interest in a company that makes the material—found out that hectares
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    • 356 2 Soros plays it real sale Quantum now 90% cash Last month Soros said he would make no more macro bets on currencies, interest rates Bloomberg [NEW YORK] Billionaire investor George Soros has come round to the view that cash is king. Just weeks after saying that he was cutting back
      Bloomberg  -  356 words
    • 765 2 Cites Time dotCom's good potential, does not rnle ont reselling stake if opportune AP Reuters Bloomberg AFP [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday defended a move by state investment arm Khazanah Nasional to buy a stake in Time Engineering Bhd's
      AP; Reuters; Bloomberg; AFP  -  765 words
    • 531 2  -  Getting Personal Br< Corinne Kerk Whoc Wong Kok Hoi, managing director and chief investment officer, APS Asset Management AfH44 Claim to famex Mr Wong started APS Asset Management five years ago, and last week, the company became the third boutique fund manager in Singapore
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    • 513 2 KPMGSeminarSeries Goods Services Tax GST F5 Return Preparation Workshops 2000 Orchard Hotel Singapore, 9.00 am to 5.00pm What The GST Services Unit of KPMG will conduct a series of one-day GST workshops on the practical aspects of the preparation of the GST F5 return. These workshops complement the Singapore employers'
      513 words

  • US interest rates
    • 469 3  -  The Federal Reserve may have to raise rates to 7.25% by August to cool rapid growth, says Lehman chief economist By' Vikram Khanna {SINGAPORE] A FIFTY basis point hike in the Fed Funds rate is appropriate at this time. Moreover, the US Federal Reserve might
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    • 570 3 Reuters [NEW YORK] US central banker Alan Greenspan is playing a game of cat-and-mouse with technology investors around the globe. The Fed's anti-inflation policy is just one of several traps that could snare the once-un-stoppable sector this summer, when fund flows typically slow and
      Reuters  -  570 words
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  • SINGAPORE companies
    • 201 4 THE Monetary Authority of Singapore yesterday signed separate agreements with Australian and US financial regulators to cooperate in regulating securities and futures transactions. A memorandum of understanding (MOU) to that effect was signed with the Australian Securities Investments Commission (ASIC) at the sidelines
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    • 665 4  -  Higher material costs, higher depreciation and amortisation also cited; Q1 sales np 20% ihf, Jennifer Lien PERSISTENT shortage of components and growing pains from acquiring new plants have led Nat Steel Electronics (NEL) to make its first-ever profit warning for its first-half
      FILE PHOTO  -  665 words
    • 158 4 APOLLO Enterprises has joined IT investors like Vertex Management, NCB Holdings and Singapore Computer Systems to invest in CalendarONE.com, which provides e-commerce solutions. The $1 million investment for 55,556 shares in CalendarONE.com Pte Ltd will give Apollo a 3.45 per cent stake in the joint venture,
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    • 635 4 Company aims to broaden range and depth of services, products at Web site ASIAONE, whose initial public offering will be the first in Singapore to set aside some shares for online applicants, is now working with financial institutions here to make
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    • 710 4  -  ![•!•?[< locksiew wong wei kong MUCH is already being done to boost the debt market in Singapore. But one more thing that needs to be accomplished to help complete the picture is to encourage more issuers to seek a credit rating and
      710 words
    • 438 5  -  But forex gain and interest income help posh company into the black By' Teh Hooi Ling NASDAQ-LISTED Pacific Internet (PacNet) reported an operating loss of $820,000 for the quarter ended March 31, despite a 34 per cent jump in revenues to $26 million. Foreign
      ARTHUR LEE  -  438 words
    • 164 5 Bloomberg AFX-Asia SINGAPORE Petroleum Co (SPC) said yesterday its shares will trade as a single tranche starting on May 24. The shares it sells to domestic and foreign investors are currently traded separately. SPC made the announcement after shareholders, during an
      Bloomberg; AFX-Asia  -  164 words
    • 145 5 THE initial public offer of Avaplas Ltd, a leading manufacturer of high-volume precision engineering plastics components and sub-assem-blies, has been subscribed 24.7 times. The company said yesterday that by the close of its IPO at noon on Monday, it had received 12,175 applications from
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    • 565 5  -  Discussions for purchase of np to 16 aircraft, says Airbus; $&2b estimated cost By i George Joseph SINGAPORE Airlines may acquire the all-new Airbus A3XX super passenger jet in a deal estimated to cost up to 556.2 billion. An SIA spokesman yesterday
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    • 248 7  -  The JV will provide infocoms hosting, managed services for telecom firms, ISPs By. Marissa Chew KEPPEL Land and Keppel Telecommunications Transportation are forming a joint-venture to invest in and develop telehubs. The JV's telehubs will provide infocoms hosting and managed services for telecommunication
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    • 413 7  -  By, Jane Cheong HOMEGROWN crane supplier Tat Hong Holdings Ltd has received in-principle approval for a secondary listing on the Singapore Exchange, after a previous failed attempt in 1994. The company, which was ranked second on the Enterprise 50 list in
      ARTHUR LEE  -  413 words
    • 227 7  -  By] Kenneth Lee ACHIEVA Limited, a regional distributor of electronic and information tech-nology-related products, yesterday said it intends to launch its initial public offering in the next two weeks. It has received in-principle approval to list on the Singapore Exchange's main board. Achieva
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    • 51 4 r This announcement appears as a matter of record only. 1 *v B] Electrolux ELECTROLUX GROUP TREASURY ASIA-PACIFIC LTD Guaranteed by AB Electrolux US$lOO,OOO,OOO GUARANTEED FIXED RATE NOTES Arranger Lead Manager CREDIT AGRICOLE INDOSUEZ MERCHANT BANK ASIA LTD Listing, Fiscal Paying Agent ax CREDIT AGRICOLE INDOSUEZ LUXEMBOURG S.A. V May
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    • 6 5 COAfOKdU flfo? Just click www.wi2office.com WizOffict.com
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    • 51 5 Pen ny Stocks? (Please tick appropriate box) Buy Sell Run for your life To get the facts, and what the top brokers I in Singapore say about penny stocks, hot stocks and other stocks, log on to www.asiastockwatch.com I Cheek it out: Broker's Picks I Editor's Picks I Chartists' View
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  • SINGAPORE markets
    • 553 6  -  STOCKS r. sivanithy THE market yesterday followed the overnight pattern on Wall Street, which rose on relatively low volume. The purchase of electronic, bank and a handful of govern-ment-linked company stocks here hauled the Straits Times Index Index up 43.19
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    • 177 6  -  WARRANT WATCH By R Sivanithy THERE are lots of penny warrants in the market at the moment, a situation reminiscent of how things were at the peak of the regional crisis. Still, for those who remember, anyone who picked up these cheap
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    • 241 6  -  HOT STOCK By' Wong Wei Kong SHARES of electronics manufacturer Omni Industries snapped out of its recent losing streak yesterday, finishing among the most actively traded stocks as well. Omni shares closed up 10 cents or 3.23 per cent at $3.20. The
      241 words
    • 129 6 ♦PSL Holdings announced that the Company had acquired 25 per cent of the issued and paid-up capital, comprising 1,575,000 ordinary shares of $1.00 each fully paid in Flecon Multi System Pte Ltd at a purchase consideration of $127,282. Flecon Multi System Pte Ltd is a system-based technology company
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    • 485 6 Stock* Volume Strike Engg 5c 17,549,000 CO 5c 15,908,000 Nucleus Elec 5c 14,406,000 TAC Bt***** 13,106,000 ThaiVHIage 5c 11,230,000 Chip EngSeng 5c 10,404,000 Me<#-Rad5c 9,646,000 Jurong Tech 10c 8,136,000 Goldtron 20c 7.477,000 NOL 6,411,000 Stocks TAC Bt***** 68,517,638 Chart Semiconductor 26c 37,911,800 PaoficCentury 31,905,214 DBSGrp 29,631,166 ST Assembly 25c 27,949,150
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    • 54 6 UNLIKE PALMISTRY Our Accuracy Is Guaranteed J I If I Call us </ today for^^- demo!rA First Biometric Management Ti metrack Windows Based Time Attendance Tracking Software Also available for security access control system. First Lock Technology Pte Ltd Blk 212 Hougang St. 21 #02-351, Singapore *****2 Tel: 487 6688
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    • 40 6 Do you need flexible financing for your sha r e purchases' 1 Call us at 323-3955 and find out •.vhat we can do for you ©DBS BANK Larry Wee's currencies colnmn appears on Page 8 I HtV; S,oo©ond OIL Jit
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    • 107 7 f This announcement appears as a matter of record only May 2000 Avaplas Ltd (Incorporated in the Republic of Singapore on 26 March 1993) INVITATION IN RESPECT OF 36,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(1) 10,000,000 OFFER SHARES AT $0.27 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND
      107 words
    • 1304 7 GL7 HUAN HSIN HOLDINGS LTD. NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of Huan Hsin Holdings Ltd will be held at Raffles Hotel, Casuarina Suite A (Level 3 via Seah Street) 1 Beach Road, Singapore *****3 on Monday, June 12, 2000 at
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  • MONEY matters
    • 1031 8  -  i i comment CURRENCIES But local negatives will also work against Asian currencies larry wee THE Fed's long-awaited decision on US interest rates this week continues to dominate international stock and currency market action. But local factors have also conspired to send
      Source: Hypo  -  1,031 words
    • 648 8 More HE rate hikes seen, with 3-month Hibor now above 7% RECENT US data has suggested the Fed will become more aggressive in fixing US interest rates. The subsequent move of funds out of the Hongkong market following the release of the
      648 words
    • 527 8  -  By Gerard Lyons THE US dollar is heading for a big, big fall. Its present strength is, ironically, a worrying sign. Global worries relating to the emerging markets may remain a concern, but a bigger threat to international investors is
      527 words
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    • 691 8 medTecs MEDTECS INTERNATIONAL CORPORATION LIMITED NOTICE IS HEREBY GIVEN that the Annual General Meeting of Medtecs International Corporation Limited will be held at Bras Basah Room (4th Level), The Westin Stamford and Westin Plaza, 2 Stamford Road, Singapore *****2 on sth day of June 2000 at 2:00 p.m. for the
      691 words

  • SINGAPORE news
    • 589 9  -  Compass Point and 536 condo units being developed in $500 m project bj Centrepoint Prop By\ Kalpana Rashiwala METRO, Isetan, Da imam and Seiyu are vying for a department store space at Compass Point mall in Sengkang, which will be
      CHRIS LOH  -  589 words
    • 435 9  -  Ml on the economy gdp By Audrey Tan ANALYSTS are expecting Singapore's economy to have grown by between 6.7 and 7.5 per cent in the first quarter. What it is will be known on Friday when the Ministry of Trade and Industry releases the
      435 words
    • 341 9 CENTREPOINT Properties has sold about 40 units of its Yishun Sapphire condominium since the 99-year leasehold project was softlaunched a couple of weeks ago, at an average price of $520 per square foot after discount. The listed developer will officially launch
      341 words
    • 542 10  -  China's impending en try to WTO will stiffen fight for investments From] Eugene Low in New York ON their own, Asean countries may find it tough competing with a large market like China for investments but, collectively as a
      542 words
    • 332 10  -  By 1 Teh Hooi Ling GERMANY'S biggest electronics and engineering company, Siemens AG, plans to set up a centre of competence for mobile Internet in Singapore, if it gets the necessary support. "It depends on the support we get (from the government)," Rudi
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    • 391 10  -  Byi Andrew Wee COMPUTER services company National Computer Systems (NCS) is hoping to rake in gross revenues of $15 million this year from its new Internet hosting service, which it is launching today. NCS assistant chief executive Lau Soon Liang said Digital Centrix provides Internet
      SIEW YAW HOONG  -  391 words
    • 227 10 LYCOS Asia the 50-50 joint venture between Singapore Telecoms and Lycos Inc yesterday launched a trial service that lets mobile phone users access its Web content. With Wireless Application Protocol or WAP mobile phones and devices, the users can access the Lycos Asia portal
      227 words
    • 289 10  -  MAILISTm Wong Kam Wah AS a stakeholder of Sing Tel, I sincerely empathise with BG Lee Hsien Yang and his management team over the "sing and tell" remark by Malaysian Prime Minister Mahathir Mohamad. This remark must hurt because in the first place Sing
      289 words
    • 178 10  -  Denis Distant Singapore I REFER to the SGX proposal that broking firms take security deposits from their trading clients. This makes sense but SGX needs to take into account the interests of investors and not just that of its members. Merely holding deposits in "trust"
      178 words
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    • 235 10 BUSINESS SERVICES/ PRODUCTS The Straits Times Classified. Classifications 201 266. \ca.t&\ Buy H. Sd H. Find h. N ONLY ONE YOU NEED IMPROVE YOUR CUSTOMER RELATIONSHIP BECOME A CUSTOMER. ■F an Think how you'd like to be treated next time you deal u H ri i jy£Q a whoever you
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    • 36 10 You can e-mail us at btletterQsph.com.sg or fax us at *****71, or mail your letter to: The Business Times, Times House, 390Kim Seng i Road, Singapore *****5. Please give your full name, address and telephone number.
      36 words

  • eNews
    • 718 11  -  A US venture capital group plans to invest USs7sm here over the next five years Byi Andrew Wee US-based venture capital group Media Technology Ventures (MTV) could invest US$75 million (*****.7 million) in Internet companies here over the next five years, its founder and managing
      SIEW YAW HOONG  -  718 words
    • e Briefs
      • 78 11 Bloomberg [ISLAND lA, New York] Computer Associates fj International Inc. the No 4US software maker, said its fiscal fourth-quarter profit fell 14 per cent from a year ago, driven down by the costs of two acquisitions. Net income fell to US$392 million (Ss67B million), or
        Bloomberg  -  78 words
      • 73 11 Bloomberg [ARMONK, New York] International Business Machines Corp said it would sell software to create Web sites for businesses buying and selling over the Internet, offering access to wireless phones and other handhplri devices. The software will first be offered to certain customers, such as
        Bloomberg  -  73 words
      • 98 11 AP {SEATTLE] Charged with enabling easy access for computer viruses like the Love Bug, Microsoft is altering its popular Outlook e-mail software to prevent users from running any "executable" program attachments, good or bad. As an additional safeguard, any time a computer program attempts to access
        AP  -  98 words
      • 82 11 Bloomberg [HOUSTON] Compaq Computer Corp will roll out today a new Alpha server that the world's biggest personal computer maker is betting will give it a larger share of the market for machines that run Internet sites. The new machines, which will sell for between
        Bloomberg  -  82 words
      • 98 11 Reuters [HONGKONG] Hutchison Whampoa Ltd's Orange brand Hongkong mobile phone network said yesterday it had teamed up with Chinese Books Cyberstore (CBC) to provide an online shopping service to Orange's wireless application protocol (WAP) subscribers. The company said that Orange WAP service users would be
        Reuters  -  98 words
      • 82 11 Bloomberg [LONDON] Marconi pic said it expects to win a US$65O million (Ssl.l billion) order from Thrucomm Inc to build and operate a wireless network in the US. Shares of the UK's largest telecommunications equipment maker rose as much as 7.5 per cent. Thrucomm is negotiating
        Bloomberg  -  82 words
      • 89 11 AFP [LONDON] World Online International founder and former chairwoman Nina Brink acknowledged she was involved with five failed companies that were not mentioned in the prospectus for the Internet service provider's flotation, the Wall Street Journal reported yesterday. Ms Brink said she was
        AFP  -  89 words
    • 151 11 LONDON Bloomberg VODAFONE Air Touch pic, the world's largest mobile phone operator, said it has selected Ericsson AB as its main supplier for the infrastructure of its high-speed mobile phone service. Vodafone paid £5.9 billion (5515.3 billion) for a licence to operate a so-called
      Bloomberg  -  151 words
    • 55 11 [I lALLSTEAD, Pennsylvania] Envirocycle Inc employee Henry Rouse cutting off the metal bands that surround each television set or computer monitor at the Hallstead, Pennsylvania. plant recently. Envirocycle refurbishes central processing units printers monitors and other items and sells them at stores and
      AP  -  55 words
    • 341 11 WASHINGTON Bid to break stranglehold on underwriting NYT TWO online financial services companies, the ETrade Group and the Wit Capital Group, are teaming up to compete against their off-line rivals in a bid to break the stranglehold Wall Street has on
      NYT  -  341 words
    • 402 11 LONDON Purchase is aimed at boosting its business as eßay expands in Europe Bloomberg QXL.com Pic, Britain's biggest Internet auctioneer, agreed to buy German rival Ricardo.de AG for 1.1 billion euros (Ssl.7 billion) in stock to strengthen its business as
      Bloomberg  -  402 words
    • 276 11 LONDON First sale of US Net firm to European access provider AFX LYCOS Inc has agreed to be acquired by Spanish Internet firm Terra Networks SA, a 66 per cent owned unit of Telefonica SA, in a deal worth more than US$l2 billion (5520.6
      AFX  -  276 words
    • 467 11  -  Meera Tharmaratnam in Hongkong PACIFIC Century CyberWorks, Asia's largest Internet company outside Japan, reckons it has received some 45,826 job applications from all over the world since it opened its doors 11 months ago. That works out to 1,041 applications a week,
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  • EDITORIAL & opinion
    • 773 12  -  bottom line OPINION shoeb kagda The writer is BT's Jakarta correspondent ACROSS Indonesia, people power is on the rise. Those disfranchised under the 32-year-long New Order regime are attempting to retake what they felt was wrongfully taken away from them And
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    • 139 12 'I've never thought about leaving home. Why Should I?' -ErikoKomatsn one of an estimated 10 million Japanese between the ages of 20 and 34 including 60 per cent of the unmarried men and 80 per cent of the unmarried women who live with their parents. 'We're not
      139 words
    • 764 12 EDITORIAL THE loud public furore over the proposed charges on small accountholders by DBS Bank has yet to die down, if letters to the press are any indication It points to a number of lessons for companies and banks, and also raises some policy concerns. Lesson No.
      764 words
    • 948 12 They say exchange-rate targets are a mug's game, yet call for intervention to support Europe's battered currency CASTING one's mind back as far as, oh, a few weeks ago, the consensus among the economics commentariat was rock-solid in favour of the idea
      FILE PHOTO  -  948 words
    • 885 12 Vietnam's road THE Vietnamese administration is stepping up efforts to root out corruption. It is planning to update its laws on foreign investment. We hope for further improvements that will renew the flow of foreign capital. We are concerned, however, that Vietnam is being overcautious in
      885 words

  • MALAYSIA news
    • 342 13 KUALA LUMPUR One-way ticket to cost RM2OO, journey expected to take 90 minntes AFP A MALAYSIAN firm is seeking approval to build a RMIO billion (554.55 billion) high-speed railway linking Kuala Lumpur and Singapore, reports said yesterday. Express Rail Link (ERL), which
      AFP  -  342 words
    • MARKET moves
      • 93 13 COMPANIES linked to Tajudin Ramli closed mixed yesterday following the announcement of their long-awaited debt restructuring plans. Naluri the parent of Malaysian Airline System shed six sen to RM1.55, while Technology Resources Industries gained 20 sen to RM5.25. Analysts said it was difficult to ascertain Naluri's ability to
        93 words
      • 98 13 INTRIA rose four sen to RM1.42 on news that its main cash cow, Penang Bridge, will issue nine tranches of Islamic bonds to raise RM7BS million. The proceeds will easily wipe out the parent company's debts of RM6SO million. Intria's share price is therefore expected to
        98 words
      • 52 13  -  Compiled by] Eddie Toh ARAB-Malaysian Merchant Bank rose 70 sen to RM15.70 on expectations that it will soon finalise its merger with Utama Banking group. Malaysian banks have to sign sale and purchase agreements with their merger partners by May 31, and begin operations as merged entities
        52 words
    • 186 13 KUALA LUMPUR Fands for building offices in Malaysia's new admin capital Reuters THE developer of Malaysia's new administrative capital of Putrajaya is issuing Islamic bonds totalling RMI.II billion (*****.1 million), the national Bernama news agency said yesterday. The bonds will be offered
      Reuters  -  186 words
    • 113 13 KUALA LUMPUR Reuters MALAYSIA'S mobile phone operator Technology Resources Industry Bhd (TRI) yesterday said it was still in discussions with bondholders to restructure its US$375 million (*****.5 million) euro-convertible bonds due 2004. "Several discussions were held but to-date, we have yet to finalise
      Reuters  -  113 words
    • 222 13 KUALA LUMPUR Reuters MALAYSIAN Finance Minister Daim Zainuddin said yesterday that corporate governance needs to be improved if the country is to learn from the economic crisis and attract foreign investment. "Without good corporate governance, the country's image would be jeopardised and no foreign
      Reuters; FILE PHOTO  -  222 words
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    • 121 13 HP ISATJUk 5 1 |k 0 my//# m/jw >401 W^IRB Ik >v j| P* A Pu-Wett TW TW Grew 59 Jthn Peaumpin, #81-03 L 4 Y BuiUmg, Tel: 354 0328 Ottkto: Grm Fairway, -v yr Bfy£-' Former Bukit Ttraah Rice Courie, 60 Fairways Drive, Tel: 466 7803 Im(m Sc«tta, Shaw
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    • 291 13 H77 COLLECTIVE SALE BY TENDER n» y Q||<Ml|< \s\ PRIME RESIDENTIAL LAND RIGHT IN EZ m the heart of orchard road Ro Is/ Less than 10 minutes'walk to Orchard MRT Station emu York How •At the doorstep of Orchard Road A OPP granted for residential apartments of not more Suhiort
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  • FOCUS umno
    • 1839 14  -  Malaysia's ruling party must show that it can make the real changes necessary to bring it back to its glory days as the main champion of the Malays Bs/1 Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE) FOR some years,
      AFP  -  1,839 words
  • Page 14 Advertisements
    • 160 14 Perfect m Vflwr H §n|flk ja .y. B|jF 3sßfa§^f' c -\z.~ *^I^B» Sunny weather, blue skies, balmy seas. Choice location in the East Coast, easy access to the business hub, proximity to the very best restaurants and cafes, unobstructed seaviews, full amenities and lavish resort-style facilities amidst tranquil surroundings all
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  • SOUTH east asia
    • 294 15 JAKARTA Indonesia's state corruption watchdog to look into appointment Reuters INDONESIAN President Abdurrahman Wahid said yesterday he had asked his younger brother Hasyim Wahid to retain his position at the powerful Indonesian Bank Restructuring Agency (Ibra) despite accusations of nepotism. Mr Abdurrahman told
      Reuters  -  294 words
    • 117 15 LONDON Bloomberg HSBC Holdings yesterday said it has agreed to buy 75 per cent of Bangkok Metropolitan Bank for 36.6 billion Thai baht (Ssl.6 billion). Europe's largest bank by market value had been in talks for over a year with Thai regulators, which
      Bloomberg  -  117 words
    • 148 15 SYDNEY AP AN AUSTRALIAN court yesterday upheld an order to extradite a banker accused in Indonesia's largest corporate fraud. Hendra Rahardja had applied for a review of a court's order for expulsion from Australia, claiming he would not receive a fair trial in
      AP  -  148 words
    • 582 16 MANILA Fall helped drag Manila share 'Tidyy down 27 points to session-low of 1,4901 Reuters PHILIPPINE Long Distance Telephone Co (PLDT) said yesterday its first quarter net income dropped by 90.8 per cent because of losses by its subsidiaries and lower revenue
      Reuters  -  582 words
    • 356 16 MANILA Matnbuk fMts tomr profit, PNB dives iate the red Bloomberg METROPOLITAN Bank and Trust Co, the Philippines' second-biggest lender by market capitalisation, said Its first quarter profit fell, and Philippine National Bank posted a loss, as bad loan provisions increased and they sold
      Bloomberg  -  356 words
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  • Page 16 Advertisements
    • 2523 16 Del Gil) DELGRO CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Audrtonum, DelGro Headquarters. 205 Braddeil Road. Singapore *****1 on Friday. 9 June 2000 at 12.00 noon (or
      2,523 words
    • 908 16 DelGrti DELGRO CORPORATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Auditorium, DelGro Headquarters, 205 Braddell Road, Singapore *****1 on Friday, 9 June 2000 at 11.30 a.m. for the
      908 words

  • EAST asia
    • 565 17  -  Six new projects part of plan for rail expansion, greater links with China From i Quak Hiang Whai in Hongkong SIX new railway projects worth up to HK$lOO billion (5522.2 billion) would be up for grabs by international contractors in the next
      565 words
    • 59 17 [HONGKONG] A Greenpeace member holding a picture of Clement Lam, one of thefour activists arrested in Tokyo, during a protest outside the Japanese consulate in Hongkong on Monday. Japan police arrested the activists last Tuesday after they climbed the tower of an incinerator complex in Toshima
      AP PHOTO  -  59 words
    • 265 17 HONGKONG Govt cutting benefits to CyberWorks in contract, says paper Reuters THE Hongkong government will sign a HK$l6 billion (553.6 billion) contract this week with Richard Li's Pacific Century CyberWorks Ltd (CyberWorks) to develop the waterfront Cyberport project, the Sing Too Daily reported
      Reuters  -  265 words
    • 131 17 TAIPEI Reuters STATE-OWNED Bank of Taiwan, the island's largest bank, said yesterday an annual audit found more than NT$l billion (Sss6 million) in government bonds were missing and judicial officials were investigating the case. The bank said in a statement that government transportation
      Reuters  -  131 words
    • 571 18 SHANGHAI Site picked up 'false' HE report; new laws to regulate online news soon: official AFP THE closure of a Chinese financial Web site following its posting of a report on official corruption signals the start of tighter control
      AFP; FILE PHOTO  -  571 words
    • SINO Briefs
      • 50 18 (HONGKONG] Fund management group Regent Pacific Group Ltd said yesterday shareholders had approved its U5579.6 million (*****.6 million) acquisition of Interman, a portfolio of Internet-related investments. Shareholders also approved that the name of the company be changed to ißegent.com Ltd, to reflect its changed focus. Reuters
        50 words
      • 65 18 Reuters Bloomberg [HONGKONG] China Unicom Ltd, the nation's No 2 telephone company, plans to spend 104.8 billion yuan (5521.8 billion) in the next three years to expand its telecommunications network, according to documents given to potential investors. A mjgor source of funding will come
        Reuters; Bloomberg  -  65 words
    • 325 18 HONGKONG Reuters THE Hongkong government said yesterday it would focus on share placements and exchangeable bonds as it reviews ways to dispose the rest of the massive stock portfolio it bought during its August 1998 market intervention. "No decision has yet been made
      Reuters  -  325 words
  • Page 17 Advertisements
    • 160 17 flYft IBP A trOTIJRIc LIES I Awarded RflHfeS Future Enterprises Pte Ltd M_ A Member Of Food Empire Holdings Limited M M M M M W (1/1 M M M mLXdfr m 101 Geylang Lor. 23 #05-03/04, Prosper House, Singapore *****9 Tel; 65-744 8911 Fax:6s-744 8977 Email: fes@pacific.net.sg J J
      160 words

  • Page 18 Advertisements
    • 61 18 K4 t~c*llcentie.co«B* The world may sleep, but iCALL never sleeps. As the world's first global call centre for the internet, iCALL, The Internet Call Centre has 31 points of presence in major cities around the world. Working with e-businesses to address their customers' online needs, iCALL provides live and interactive
      61 words

  • SOUTH asia
    • 91 19 [NEW DELHI] India's main opposition leader Sonia Gandhi (right) presenting a memorandum to the Indian Prime Minister Atal Behari Vajpayee (left) yesterday at the prime minister's residence in New Delhi. The memo urges the government to roll back the hefty cuts in subsidies on food andfertilisers.
      AFP  -  91 words
    • 219 19 BOMBAY Small firms to get access to powerful e-bnsiness applications via Internet Reuters SATYAM Computer Services Ltd and US-based business software company Computer Associates International Inc yesterday announced plans for a joint venture company to cater to small firms. The application service provider
      Reuters  -  219 words
    • 103 19 NEW DELHI Reuters BRITISH Telecom is planning to pick up a stake in Indian mobile phone firm Bharti Mobile Ltd, the Business Standard newspaper reported yesterday. The paper quoted an official in Bharti Enterprises, a group company, as saying the talks were
      Reuters  -  103 words
    • 255 19 NEW DELHI AFP INDIA and the European Union have finalised the agenda of their first ever summit, to be held on June 28 in Lisbon, officials said on Monday. Prime Minister Atal Bihari Vajpayee will head the Indian delegation to the summit
      AFP  -  255 words
    • 510 19 KARACHI It sheds more of its earlier gains which had made it Asia's hottest market Reuters PAKISTAN'S beleaguered stock market slumped 4 per cent in morning trade yesterday, shedding more of the huge gains which made it the hottest bourse in Asia earlier this year. Dealers
      Reuters  -  510 words
  • Page 19 Advertisements
    • 152 19 Pm FOR SALE BY TENDER I SENN gy /hf RESIDENTIAL LAND NEXT TO I M PROPOSED URBAN RIVERFRONT Near proposed Kallang Riverside Promenade and Sennett MRT Station Easy access to all parts of Singapore via CTE PIE Close to amenities established schools OPP granted for 20-sty with Plot Ratio 2.8
      152 words

  • WORLD news
    • 694 20 TOKYO Emergency move aimed at creating 350,000j0bs in the next year JAPAN yesterday unveiled an "emergency" jobs package aimed at bringing consumer spending back to life, hoping to revive the sickest area of an economy that has been hobbled by rising unemployment
      694 words
    • 390 20 TOKYO Opposition party is calling for his resignation Bloomberg Reuters JAPAN'S Finance Minister Kiichi Miyazawa has denied allegations that when he was prime minister in 1991 he had given former construction minister Kishiro Nakamura three million yen (5547,600) in cash. Meanwhile, Japan's main opposition
      Bloomberg; Reuters  -  390 words
    • 381 20 SYDNEY FT ANY approach from New Zealand to form a common currency would meet with a serious response from Canberra, said Australia's foreign minister. Alexander Downer said that while the Australian government did not have a formal position on the issue, New
      FT  -  381 words
    • 333 20  -  WTO ruling will affect over USs3oom of beef products AVr//// D Ravi Kanth in (Jenet xi SOUTH Korea would have to lift import curbs on the free sale and distribution of American and Australian beef products worth over US$3OO
      333 words
    • 431 20 TOKYO Japan is divine country centred on emperor, says PM Reuters JAPANESE Prime Minister Yoshiro Mori appeared headed for trouble yesterday after saying that Japan is a divine country centred on the emperor, and the people should acknowledge this. The comments, with their ominous
      Reuters; FILE PHOTO  -  431 words
    • 353 20 SYDNEY Bloomberg CABLE Wireless Optus Ltd, Australia's fastest-growing telecommunications company, said it turned in a fullyear profit of A 5265 million (***** million) as it fought keen competition, boosting cellular phone sales. Optus' profit followed a year-earlier loss of A 59.6 million. Still, results didn't
      Bloomberg  -  353 words
    • WORLD Watch
      • 73 20 AFP [PARIS] French luxury goods group Moet Hennessy Louis Vuitton (LVMH) said yesterday it had sold part erf its stake in British drinks giant Diageo for £736 million pounds (Ssl.9 billion). LVMH sold 134 million Diageo shares at 549 pence per share, a
        AFP  -  73 words
      • 71 20 Bloomberg [TOKYO] Daihatsu Motor Co, Japan's No 2 minicar maker and a subsidiary of Toyota Motor Corp, said fullyear earnings rose 304.5 per cent on strong demand for its minivehicles. Daihatsu reported group net income of 12.16 billion yen (Ssl93 million), or 28.5 yen per
        Bloomberg  -  71 words
      • 83 20 AFP [TOKYO] Japan's Hitachi announced yesterday it was ploughing US$26 million (5144.8 million) into a US genetics firm to accelerate drug research and fight diseases including HIV and cancer. Myriad Genetics and Hitachi had formed a strategic alliance to promote research into human
        AFP  -  83 words
      • 47 20 AP [LONDON] Higher monthly mortgage costs raised Britain's inflation rate to 3 per cent in April, up from 2.6 per cent the previous month, the government said yesterday. But underlying inflation, which excludes mortgage interest payments, fell to 1.9 per cent —AP
        AP  -  47 words
    • 400 21 Move follows a USslb tech stock investment by the Saudi prince announced last month Reuters AFP [DUBAI] Saudi Arabian billionaire Prince Alwaleed bin Talal yesterday said he recently invested US$l billion (551.73 billion) in 15 US companies, including six Internet firms and two
      Reuters; AFP  -  400 words
    • 426 21 NEW YORK But savings from merger most go above USssoom Bloomberg UNILEVER NV, the thirdlargest food maker, may raise its US$lB.l billion (5531.3 billion) bid for Bestfoods if the maker of Hellmann's mayonnaise can show how to boost savings beyond US$5OO million a
      Bloomberg  -  426 words
    • 276 21 NEW YORK NYT TOYS R Us Inc, the world's largest toy retailer, reported a 41 per cent rise in first-quar-ter earnings on Monday, sweeping past profit estimates, as a result of higher sales in its worldwide toy and juvenile businesses. The
      NYT  -  276 words
    • 333 22 NEW YORK Journal report cites higher lobbying and political contributions AFX Bloomberg MICROSOFT Corp has intensified its counterattack on government antitrust enforcers by boosting lobbying and political contributions and helping to ftind a group that blames recent state pensionfund losses on some state
      AFX; Bloomberg  -  333 words
    • 391 22  -  From Neil Behrmann in London ASIAN motor manufacturers and dealers are set to obtain relief from a supply squeeze and price surge of two key raw materials platinum and palladium. Supplies of both metals, which are used in anti-pollu-tion catalysts by Japanese,
      391 words
    • 571 22 HONGKONG This is due to baby boomers' dominance in markets: pollster Reuters US stock market dynamics can best be understood by a look at American demographics and the attitudes of individual investors rather than economics, well-known political pollster Dick Morris said yesterday.
      Reuters  -  571 words
    • 484 22 LONDON Some experts feel growth could outstrip that of the US in 2001, according to survey Reuters ECONOMIC growth in the euro zone should jump to 3.3 per cent this year, as the euro's weakness boosts exports, and then slip to 3.1
      Reuters  -  484 words
    • 176 22 LONDON Reuters ANGLO American Pic stepped up its transformation from sprawling conglomerate to focused resources group yesterday, announcing the appointment of a new chief executive and promising an accelerated disposal programme. Tony Trahar, 50, head of forest products and industrial minerals, will take over
      Reuters  -  176 words
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  • Page 21 Advertisements
    • 255 21 THE BARGAINS AT OUR CARPET AUCTIONS ARE ALWAYS A HIT Our auctions have always been popular, but now that the US ban on Persian carpets has been lifted, we've been getting even more enthusiastic crowds every weekend. So join the fun in bidding for a lovely range of handknotted Persian
      255 words

  • Page 22 Advertisements
    • 1047 22 HllB«iwwmM ■MM WWII I NOTICES A Links Island Holdings Limited NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of LINKS ISLAND HOLDINGS LIMITED (the Company") wi be held at 10 Eunoe Road 8 #12-04, Singapore Post Centre, Singapore *****0 on Friday, 2 June 2000
      1,047 words
    • 23 22 m rrjimj 11 w 111 j [J• I (Vmi i */#ii j m T»j I r« rrrx^^Hi J I I k A MTij
      23 words

  • FINANCE & commodities
    • 265 23  -  SOX Derivatives TmtBngReports MSGl Singapore Index Daphne Tay THE Singapore stock market finished firmer across-the-board yesterday, brushing aside a widely-expected US rate hike when the Federal Open Market Committee met later last night. Tech issues led the market's rise, boosted by the Nasdaq's
      265 words
    • 282 23  -  MSG! Taiwan Moras Chan Yet San THE Taiwan stock market rallied higher yesterday as electronics stocks gained on Nasdaq's bounce overnight. Most investors took the bounce on WaU Street as a sign that a half-point interest rate hike from the US Federal Reserve's
      282 words
    • 140 23 ENERGY REPORT Reuters [LONDON] World oU prices rose further yesterday buoyed by a firm US gasoline market and dwindling prospects of any imminent Opec supply increase. North Sea benchmark Brent Blend futures for July delivery raUied to an intraday peak at U5528.40 per bar- rel
      Reuters  -  140 words
    • 339 23 Reuters T -"Tulfn THE US dollar inched up against the euro yesterday amid fading prospects of central bank intervention to support the single currency, although trading was slow ahead of a US Federal Reserve policy meeting. While the Federal Open Market Committee was widely expected to raise US
      Reuters  -  339 words
    • Article, Illustration
      1205 23 MTERBAME CROSS RATES May 6 CS H* two Ffr Pi HM mdHNU* Yw Won KM Nto S$ Kni Sir WT$ 8a* UK U$$ iSdH" 1147 0 857 ¥Si US! aZ 2 JJ2 t 190 L2T**********6 0997 <057 0.*****.*****.** OJW 0.576 n?S ATTO nm J!S n «I a 22 SIS V2
      1,205 words
    • 1725 23 8100M FUTUKB8 May le RU88ER (Marts ctetog«M5J0#«) RSS1 CONTRACTS cMts/fcq) CIom Volmm Odm i— s«tt ttwM) mtorret Jm 00 119.00 119.00 IV9.00 50 *00 120.50 400 *•*00 ***** 400 S* 00 123.50 400 RU 3 CONTRACT (US CMb/tf) VMNM ODM NUN U» Sitt tomm) l«W J»00 <1150 *7.50 67.50 845
      1,725 words

  • STOCKS east asia
    • 2764 24 HONGKONG AFP n Hang Seng +278 M HONGKONG share prices surged 1.9 per cent yesterday following overnight gains on Wall Street and on optimism the European Union and China would strike a trade deal. The key Hang Seng Index gained 278.99 points
      AFP  -  2,764 words
    • Article, Illustration
      961 24 Reuters PjShflflzhenßlata *U2 CHINA'S hard currency B shares closed solidly higher yesterday on growing optimism that the latest round of talks between China and the European Union would produce a deal on Beijing's bid to join the WTO, brokers said. The Shanghai B Share Index ended up 1.73 per
      Reuters; Source  -  961 words
    • 321 24 AFP QWPlnfex +2618 TAIWAN share prices rallied 3.1 per cent yesterday on overnight gains on Wall Street and expectations of improved relations with China after the island's new president is sworn in on May 20, dealers said. The Taiwan Stock Exchange Weighted Price Index closed 262.8 points higher at
      AFP  -  321 words
    • 1968 24 TOKYO AFP Qffikkti&S *237jW SHARE prices in Tokyo closed 1.4 per cent higher yesterday on optimism that an expected interest rate increase in the United States will not faze the New York market, brokers said. The key Nikkei 225 Index rose 237.56
      AFP  -  1,968 words
  • Page 24 Advertisements

  • STOCKS klse
    • 429 25 AFP Q Composite Index +711 THE Kuala Lumpur Stock Exchange Composite Index rose 0.8 per cent or 7.11 points to finish at 917.85. The Second Board Index rose 4.99 points to 260.08. Shares rose as investors discounted a widely expected hike in
      AFP  -  429 words
    • 8649 25 INDUSTRIALS ConsiMMf pri^Mts 2000 Last Vol Day Net Cap H iqh Law Company Sato OOO High Law f/E Smil 420 310 Ajinomoto 372 -2 3 374 372 20.4 150.8 158 91 Angkasa 97 0.5 24 97 96 143.0 670 290 Apollo Food Mlq 525 -5 4 525 515 12.5 210.0
      8,649 words
  • Page 25 Advertisements
    • 49 25 •UAD I Ntrrunr hrm tjan Linuied I j I j»>l <iw I ja n IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offerinq, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu IMO-MMM)
      49 words

  • SGX clob & regional stocks
    • 3277 26 "ithmi iii in m lammnmw\m»i*<—hihiiiii wwwiwwwmmww'mwm* BONDS A WARRANTS May 16 m Vrata fnml lm*y Lat M h( LxtOMta *n lnmt Cam lam Mk m> <•■■»■■ i Mi *m- rmm i— »n» M* mh MHMH MM W —y 80 17 3164 Acma W*****4 25 2 671 25.5 24 24.5 25
      3,277 words
    • Article, Illustration
      788 26 AFP P SET Into +10.85 THE Stock Exchange of Thailand (SET) Index rose 3.2 per cent or 10.85 points to 350.22, while the select SET 50 was up 0.89 at 24.68. Shares rose in light buying, as investors mostly stayed away ahead of the US Federal Reserve meeting to
      AFP  -  788 words
    • 291 26 AFP Q Composite Index -9JI THE Philippine Stock Exchange Composite Index fell 0.6 per cent or 9.11 points to close at 1,507.98. A total of 1.87 billion shares worth 1.02 billion pesos changed hands yesterday, from 1.4 billion shares worth 1.7 billion pesos on Monday. —AFP K«yl« Pmo 000)
      AFP  -  291 words
    • Article, Illustration
      656 26 AFP P Composite Index -l&Jfl JAKARTA share prices closed 3.6 per cent lower yesterday due to confusion about the government's 2000 GDP forecast and the weak rupiah, dealers said. The Jakarta Stock Exchange Composite Index closed down 18.61 points at 497.82 with 517.5 million shares worth 614.32 billion rupiah
      AFP  -  656 words
    • 272 26 AFP HHBB-40 «433 THE NZSE-40 Capital Index ended 0.3 per cent or 6.33 points higher at 2,008.28. Total turnover for the day was NZ$lB7 million. Fletcher (Challenge Ltd) Energy rose 19 cents to NZ55.35 accounting for most of the index's rise with other leading stocks flat or slightly down.
      AFP  -  272 words
    • 538 26 AFP FlADOrißMriw +34-5 THE Australian share market gained 1.1 per cent yesterday, bolstered by higher blue chips and a solid Wall Street performance, brokers said. The All Ordinaries Index rose 34.5 points to 3,053.1 while the newly-introduced SP/ASX 200 ended 38.1 points higher at 3,089.2. Turnover totalled 470.78 million
      AFP  -  538 words
    • 308 26 AFP F1 Composite Index _*18J The Korea Stock Exchange Composite Index closed 18.1 points up at 746.77. Volume came to 171.2 million shares worth 1.6 trillion won. AFP ttarlt MM Sami ***** -3SO Brain Toch 1150 -5 Central Bank 1315 10 Cha«Comn» *****0 3000 Da* Gu Bank 1910 35
      AFP  -  308 words
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  • 8967 27 SGXMAMBOARP Transaction date: May 16 Cr Gr M Wt 52-Wk Last Vai My Last Ouot* Otv Ot» VM Net Caa Av« H*9> Law »IN« Cimpmhy Sato COOOt MH> Laar 8i»yar «a»ar C>f P/l |am8 Prtca MULTI-INDUSTRY 182 95 mc 1000 AcmaSOc 131 cd *2 231 133 130 130
    8,967 words
  • Page 27 Advertisements

  • EXEC lifestyle
    • 724 28 With Bergman s blessings Liv Ullmann, muse and mother of Ingmar Bergman's child, goes behind the camera for a true-to-form look at scenes from a marriage. AP ALMOST 30 years ago, she appeared on the world's movie screens in Ingmar Bergman's Scenes From a Marriage, a searing and exhausting look
      AP  -  724 words
  • Page 28 Advertisements
    • 2873 28 SINGAPORE BUS SERVICES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company wiN be held at the Auditorium, DelGro Headquarters. 205 Braddell Road. Singapore *****1 on Friday, 9 June 2000 at 9.20 a.m. (or as
      2,873 words
    • 649 28 SINGAPORE BUS SERVICES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Auditorium, DeK3ro Headquarters, 205 Braddell Road, Singapore *****1 on Fnday, 9 June 2000 at 9.00 a.m. for the
      649 words

  • Page 29 Advertisements
    • 573 29 Inhere to wine, dine and entertain...^(o»&'a awmdHHH DINNKK 6.30pm 10.30pm 76 Bnu Buah Rood, Singapore *****8 Teli 338-8333 Fix: 339-6866 Web Site http://www.cirlton.com.jg E-mail: Restaurant*9Carlton.com.sg 21 8 Queen Street, Singapore *****9 VSraQV Tel: *****22 Fax: (65) *****33 Website: http://webpro.com.au/oxford/ T A Hi "1212" LIIHC4I P-lIOfIIIOTIOH (From 12 noon 2.30pm daily)
      573 words
    • 163 29 II L I f. Coffeehouse Ul floor J Savour local fare and our award-winning Chatterbox Chicken Rice we are open 24 hours daily in case you have not eaten yet. Enquiries: 831 6291 ManJarin Suyywrr J I J33 Orchard Raid. Singapore 2 <8867 4411 7)2 2)61 IUHCi\ wifU o*\g SfrPf
      163 words
  • Page 29 Miscellaneous
    • 869 29 -.w wwwiiivuu i miuo, w» oui icouay, may i i cuuu ltt—l Will eel o f^rtU^ e 5.00 Cinderella. Financial Data. 0# t£B2tfSSSt The 7J SSe h r O„eßl>r eenaBe #J EtoWe. MrS Cherry £S k World M s a Ss%J3 nS 1000 !SD£.ri£ UCk/SCOOP f h rt 0W B
      869 words
    • 277 29 CRYPTIC CROSSWORD ACROSS 5 A number can end inE(4) 1 Judges need timers correctly set 6 Particular places prepared to (10) accommodate one (7) 9 Article left to a singer (4) 7 Fetch her after 9? Quite! (10) 10 Non-appearance outside can Circuitous steps (5,5) show self-restraint (10) 12 ,n
      277 words

  • Page 30 Advertisements
    • 245 30 ADROIT IS THE E-BUSINESS enabler WITH THE STRATEGIC, CREATIVE AND TECHNICAL RESOURCES TO HELP COMPANIES HARNESS THE POWER OF THE INTERNET RAPIDLY AND WITH COMPETITIVE ADVANTAGE. Companies that ignore the Internet face the businesses and have undertaken 828 and B2C If you would like to find out more about Adroit
      245 words

  • SHIPPING TIMES
    • 259 31 Bridge News Reuters THE Baltic Dry Index (BDI) was down 1 point on Monday to 1,615 points but the Panamax index held firm with a 5-point gain to 1,549. The Capesize index dropped 7 points to 2,160 while the Handy eased 1 point to 1,145. On Biffex, 10
      Bridge News; Reuters  -  259 words
    • 287 31 m mm" ft# *5* w CWT Distribution—0.85 undi 10 ChuanHup 0.38 0.01 712 Cmco tn**stm*nt 0.21 0.01 2362 rnNgM Links 0-26 0.01 366 G6 Holdings 0.68 unch 0 Hal Sun Hup 034 unch 73 IMC HoMngs-HK 5.60 unch 0 Jay* Holdings 0.20 0.02 2371 KappalCorp 3.68 -0.02 1231
      287 words
    • 322 31 Carriers to be charged with violating European Union anti-trust rules by fixing freight charges Bloomberg [BRUSSELS] A P Moeller, the world's largest privately owned container-shipping company, and 17 other maritime transport companies could be subject to fines after the European Commission
      Bloomberg; FILE PHOTO  -  322 words
    • 485 31  -  IT Df THE 21st CENTURY Reports by a Ann Toh [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) is developing an Internet portal that will incorporate electronic marketplaces for the online trading of maritime goods and services.
      485 words
    • 943 31  -  STRAIT TALK By\ Seafarer LONDON'S current attempts to promote itself as a maritime centre have, as this column noted last week, been a bit of a muddle. The UK's capital city has never been particularly good at promoting itself in
      943 words
    • 335 31 [SINGAPORE] The shipping and port industry has been called upon to accelerate its adoption of e-logistics and e-commerce, as failure to do so will impede profitability. This is because studies have shown that only about 20 per cent of the door-to-door
      335 words
    • SHIPBUILDING industry
      • 724 32 Kawasaki's plan to reorganise operations and merge with Mitsui a sign of what's ahead for nation's shipbuilders Bloomberg [TOKYO] THE plan by Kawasaki Heavy Industries (KHI) to reorganise its shipbuilding division and merge it with a rival's is the kind of restructuring that can be expected
        Bloomberg; FILE PHOTO  -  724 words
    • 300 32 PAGE ECL 4 ANL 3 ECU Line 6 Accord 8 ESP Lines 13 Ahrenfciel M Evergreen 6 Appenship 5 foongSun 8 AsiaOCL 13 Frt Links 14 Austral 8 G Link 4 Avant 14 Gemartrans 6 B'tang Mas 8 Genshpg 13 BSA 7 Global 13 BTL 14 GtoryHw
      300 words
    • 19757 39 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 30/05 09/06 NYK P&O NEOLLOVO BRISB JOS 65 *****23 To ABIDJAN (ABJ) 2003 Cote D'lvolre lo/ot pil kota pertama »i o-jzmm
      19,757 words
    • SHIPS IN PORT
      • 749 45 Vessel Voy No Berth Arrival Departure A MAY-00 6 16/05/7:35 21/05/23:59 Spc Capricor *****9 J12 16/05/705 16/05/1900 Britop 2 4J06 16/05/8:35 16/05/23:59 G«m Utama I 01 A/20 J03 16/05/900 16/05/1700 Aqua Lucky WJ02 16/05/9:15 16/05/1800 Marcopolo 12 MAR-20 J16 16/05/10:05 17/05/6.00 tt A Pltra J ***** J01 16/05/1100
        749 words
      • 1873 45 Boofclno/BtUnct Rstis Ship Voy No Etb/Btr Period From Jo From >U IHUU ms M/WO u m/moo M/M59 w*» M M/1500 *****9 M/HW 2A 16/1700 17/0659 17/0*00 20 It/1700 17/0659 17/0900 3 17/0700 17/1B9 17/MM UUKMl 0003C M/1500 M WBM M/MM M/MM n 14/1500 MW WI900 U 14/1700 17/0659
        1,873 words
      • 178 45 May 17 Thailand: V isakha Bycha Day. May 18 Malaysia: Vesak Day. Singapore: Vesak Day. May 19 Denmark: Great Prayer Day. May 29 United Kingdom: Spring Bank Holiday. May 31 Brunei: Royal Brunei Armed Forces Anniversary. Apr Brunei: First Day of Muslim Calender. May 11 Hongkong: Buddha's Birthday.
        178 words
      • 801 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 baaed on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the Individual
        801 words
      • 486 45 Carbon MO Max 909.9 0.6 15.4 0.09 89 0.05 May 11 Density Hater Residue Ask tlwMw Sediment No abOM E25 0.0 2 0 3 0 1 m*. 380 AM 985.9 0.2 12J 0.06 38 0.02 380 MM 991.4 2.0 17.8 0.08 70 0.06 WW) %W M/M
        486 words
    • AIR & LAND transport
      • 662 46  -  Focus on premium passengers with £600 m investment in new products expected to reap huiwe dividends By\ Donald Urquhart [SINGAPORE] British Airways (BA) says it is re-focus-ing its business strategy on the premium sector of the passenger market with some
        FILE PHOTO; ARTHUR LEE  -  662 words
      • 332 46 Bloomberg [SEOUL] Korean Air Co, which is trying to mend its accidentplagued reputation, faces the threat of a pilot strike should their union fail to be recognised by the country's largest carrier and the government The Korean Air Pilots Union will vote starting
        Bloomberg  -  332 words
      • 164 46 [SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale) has delivered an Airbus A 320 aircraft to British Mediterranean Airways, a franchisee within the British Airways group. Under a nine-year lease contract, the aircraft will be deployed on British Med's busy Middle East route. A franchise
        164 words
  • Page 31 Advertisements
    • 39 31 Japanese yards face shake-up, Page 2 JJa www.shippingnet.net Looking For Vessels? Looking For Cargos? Want to Open your Vessel Schedules? Want to know World-Wide Port information?' Want to know Ship S P information? "www,shippingnet.net" Click.... For inquiries E-mail: master9shippingnet.net
      39 words

  • Page 32 Advertisements
    • 1303 32 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX BUPP i SHU i DIRECT TO LONO BEACH I WEST COAST OF CENTRAL AMERICA (MARGARTTA SERVICE) 1 vcsa vot TTa?" no aw lcmkach awiAS hcustoh oocago ww tow mokoott vissa *or_ TT prawnAi acajutu sahioobcq coowro ptcauba owhavbwma
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    • 696 32 Lines services represented by Members of (be Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the ***•Singapore Logistics Association P q ULY LINE MALE VESSEL VOY ETA Tlw fltt P. KIAMC SPOKE MALE Princess Lily VO3OO 14/05 16/05 24/05 Empress Uly VO5OO 02/06 03/06 11/06 Princess Lily VO4OO
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  • Page 33 Advertisements
    • 1196 33 M'j t TO EUROPE FROM EUROPE VBSa VOT HI»TI<WIIMIHYMUmiB| IvKSU VOT RTM ANR HAM IRV SOU FIT LIH W HY ADMIRAL 32*W 11/05 10/0* 7/0* 1/0* S/0* tflOUTt 0191 24/04 21/04 29/04 1/05 17/05 NOl CORAL OI4W 19/05 4/0* ft/0* 9/0* 10/0* HY RARON MSI 10/04 2*/04 21/04 25/04 11/05
      1,196 words
    • 1591 33 ©HANJIN SHIPPING WhJf Wf«tMi -5M«s *****30 HAMJM SMPfMG (S) PTI LTD tnp //mm cm NOUNC ********** SAlfi *****34 731 DOCUMOT *****71 774 OffiUIKMS *****50-751 MAM UNE *****55 fAI 5H"45 f* Hft lISHnMOOM TO NW USA CANADA "~USA ftuiwn "wvaTw um m ummu/voy su minim ai T~Sf m on m» —rtt
      1,591 words
    • 477 33 VBSQ VOY SIN PKG VOY SIM HKG KEL IiSI fUS VESA VOY SW PKG VESSQ VOY SIN JKT KMTC PUSAM 007S H/05 H/05 71/05 30/05 31/05 ffi_ iIZK. _22/Bs_ JSZL M. Jim mimm QQ7S 71/05 30/0S MM 031* WW AO MAGNOUA 0731 70/05 74/05 76/05 OIK HOWGKOWG POPS 04/86 04/04
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  • Page 34 Advertisements
    • 1536 34 DSR-SENATOR LINES TO UK/CONTINENT TO MEPITERRANEAKCANADA WW SM LfH BW AMU WW IHV FU VESSEL WOT *S»T" 6IT Sft FOS W.C MTU PUNJAB SENATOR BBI2W IBM C M MM M M MM I 7 M M M PALBMOKNATOH 0439 V* IS M BIM MM MM (7M 14 H HAMJM BREMEN
      1,536 words
    • 938 34 IP AM MAC-MELS S'PIIRF M'RIA Canler: MM COUTH LINES, INC P.GuoANa^a^ I IV/ J WmiQDHlDuaoi SOU: (084) *****9 MAMLA: (632)*****24 PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA (31) *****11 P- KELANG: (03) *****77 JKT: (21) *****46 KUOHNG (082) *****1-3 HO CHI MINI LAE/PORT MORESBY MV "DRAGON KALIMANTAN" V.156 MV "CAPE
      938 words
    • 706 34 EXPRESS CONTAINER FtEDER FOR N SHEVA (CFS MULUNO. MUMBAi/COLOMM ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. FONT'S S PORE N. SHEVA COLOMBO PKLANG CAPE CANAVERAL V 123W 22 MAY 36 MAY 03 JUN 09 JON TULSIOAS V 125 21 MAY HJUN ICJUN H JUN CAPE CREUS V IO7W 04
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  • Page 35 Advertisements
    • 1595 35 [VESSEL VOY I HK6 I KHH I W I Ha MB U RAM l~mr~ IRANHESABI PCL-154 12/05 14/05 18/05 19/05 27/05 2S/05 30/05 01/06 IRAN SHAHRYAR PCL-155 19/05 21/05 25/05 26/05 03/06 04/06 06/06 0«/06 IRAN BAABAEI PCL-156 26/05 28/05 02/06 03/06 11/06 12/06 14/06 16/06 IRAN SEESTAN PCL-157 02/06
      1,595 words
    • 1166 35 MIWSttYICI Or MKCT TO COLOMBO M 5 ft AYS IYIKY WIWISMT I itil 80 ROBINSON ID TEL 226 1900 FAX: *****06 OUTWARD (l/l) *****02 JOHORE OFFICEI ITD #,2 SAUS/MGS *****57/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (Mi SDN BHD 06—9S CONVENTIONAL *****01/850 T/SHPMT DEPT *****25 MIUF^^TIsMI" «/W f» Hie
      1,166 words
    • 829 35 RJKOPI IXPHiSS SHTVKI EX POUT IMPORT CT AIPHA 012QW27/0* 14/07 16/07 17/07 11/07 W/0720/07 07?! IfITTWI fMtflTi TP I flflß i I HI ■fMimilt- n mm» ma m w *mißf via ti» TRANSPACIFIC SERVICE ""MT IMPORT vtssa VOT SM ISO IOU i KCPiae ukqb mu ua vusa vot lg> —nu
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  • Page 36 Advertisements
    • 1005 36 ARAMANWttWiOUtf/—MWEURCOm—MTSIVKI IXPQRT VESSEL VOYAGE SGP CM! DUR JRA AIU DMN lAN KM NXV SONG HE 01 SOW 14/05 30/05 03/04 UN ADROIT 041M70W 27/05 24/05 31/05 01/04 07/34 03/04 UN U«a 0124-074W 23/05 27/05 02/04 02/04 05/94 07/04 ZHUAN6HE 0157W 74/05 04/04 07/04 04/04- UN ASfIRE 0414-077W 71/K 07/04 07/04
      1,005 words
    • 727 36 rjgggpif PACIFIC INTERNATIONAL UNES (PTE! LTD N ffc 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO: **********0E I ||yp» VQT I m flp nup Ki ~kdT fri no UH j lUNGA TCIATAJ 3 l»7 17/5 1«/S I M/$ 2/4 7/4 U/4 14/4 I la fc m '♦/<
      727 words
    • 369 36 IM-jIJJIJIMII'I-IJ SO TEM BLAMGAH ROAD *02-02 CTHPOfIT CENTRE STORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W rasa vor e» etc desthoton IMAMUI M7O9C 21/05*808 22/05/2808 PONTIANAK IMABUKWA 20?00t ?3 US.7*Ol 24/05/2008 PKL BALAN INABUKWA 21/20 M 31/05/2000 81/01/2008 PAL£MBANGfKL lALAM For enquiries end bookings
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  • Page 37 Advertisements
    • 390 37 MYANMA FIVE STAR LINE (Mymmr National Lin*) v Loading for Yangon vcsa voy sin pa pen pgu SAGAJMO MW SU> MWLAMYIHE 90W 25/05 MALAYSIA AGENTS: MXJSTLAD SHIPWNG AGENCIES KUL TO (03)*****00 PtL TH (03) *****01 PHI: TH (04)*****07 PGU: HI (07) *****21/4 BANK LINE (A service of Andrew Weir Shipping)
      390 words
    • 1311 37 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. [VBSa VOY SM SOU I LBI I RTM I ANT I HAM I MIV IVESSa WY|SOU|L«|RTN|AHT|HAMIHtvI HI |SM HYADMRAI 326W 18/05 05/06 10/06 07/06 08/06 MYIAMM 325( 24/04 29/04 26/04 27/04 18/05 HYMGHNESS 324W 22/05 14/06 07/06 08/06 10/06 APICYFHC 0171 26/04 03/05 29/04
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    • 685 37 vOtw WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" [VESSEL VOT HAW HEIGHT SIN ILK MAO RUA SAV ML ORE NTC WW MOO TAJKO AHOII 400 Tom 6.3 M 24/05 25/06 03/07 06/07 08/07 10/07 11/07 13/07 17/07 20/07 TOURCOING AHOI 2 4001 ms 6.3* 11/06 10/07
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  • Page 38 Advertisements
    • 1751 38 VESSELS VOY SW I PKL JED MLA LEH RTM MAM ZEE SOT VILLE D'ANTARES L37W 23/05 24/06 01/06 06/06 12/06 13/06 15/06 17/06 19/06 VH-LE DE VIRGO S37W 29/06 30/06 08/06 12/06 18/06 19/06 21/06 23/06 25/06 SAUDI JEDOAH N37W 06/06 06/06 IS/06 20/06 2S/06 26/06 27/06 26/06 30/06 SAUOIJUBAH.
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  • Page 41 Advertisements
    • 57 41 New Advertisers/Services/ Agencies DIRECT CALLING SIN/HUANGPU, XIAMEN, SHEKOU HUANGPU. XIAMEN, SHEKOU/SIN See Page 5 Daily COSTAR SHIPPING PTE LTD Ll;Singapore Pte Ltd Providing You With More Than 90 Direct Ports of Call Page 6 YANGON See Page 14 EAGLE CORPN. (PTE) LTD EASTRANS LINES (S) PTE LTD PASIR GUDANG BUSAN
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  • Page 42 Advertisements
    • 57 42 fpSX ffifortart, LUES n I inl <*o«E i Nfw vu vor_ mm m m rwu m sin paw pap IMI cm I o»i hop mo» mux SAM HOUSTON 99 17/05 16/05 19/05 1 20/05 1 16/06 70/06 27/06 26/06 2t/06 lOOOTEIS 97 |j| 01/06 77/05 09/06 23/0S 10/06 10/041 11/06
      57 words
    • 50 42 a METROPORT SNIPPING SDN. RHD. ffimk SINOKOR MERCHANT ?5kFl 7f, Ma Itrap, ***** Part U*i Uw Danl MMftk. MARINE CO LTD KgSSSgM M5-W519T9/7JM/47M f«. MJ-W***** i-«t «rtr»i FARWIDE SHIPPING AGENCIES PTE LTD EXPORT W: 721-M72 (5 Ums) FM: 224-1514 CY. CMOYANG PKL: PORT KIANG USN. UISAN PUS: PUSAW KWY KWAMGYAHG
      50 words
    • 51 42 SHIPPING* WAREHOUSING Mm Singapore I Daily Mun u> Sa (BATAMINIX) l/lIIt Accepting KlAYinvertimal/Pmject/Heavy Lift Cap) Reefer Container lintm: Singapore I moling Mem. Wed Fri (BATAMINIX) D) Vxvpung KlX\<mentHnal/Piu)ecl Hea\> Lift Cap) Tel: 227 0322 Fox: 222 9330 lolawiarfc Skipping t Wor Pie Ltd 7A lo* ?*r* Cowyl» 103 SI Sfcyyot
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  • Page 43 Advertisements
    • 970 43 shipping line ltd 72 Aaua #06-01 to 03, Siagapm *****1 MAW LINE/OUTWARD: 532 3iU INWARD (WD): 437 2340 IMPORT STATUS (WD): 437 2371INVENTORT (WD): 437 2434 Wsfesits http://www.tomuiUra.torn CR NO. **********0N BOOKINGS LINE: 535 6266 (Celia/Je»»ico/M«i Chan/J«»lynn/Doro/Hanim) 8 SLGS/WEEKLY lIHMWHiHIM 3 SLGS/WEEKLY |vpsn 1 vot sai I jar Ivtssti I
      970 words
    • 768 43 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I P»C S« I *T I SU» roc I OM I »0M I HAI I MTI I out I SAV MW TAW MOU HOt<*MMfRVA/0054 04/05 IS/OS 11/05 70/05 31/05 27/05 04/04 01/04 05/07 01/07 11/07 14/07 U/07 23/07 27/07 -ftittL gim aml
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    • 198 43 VGSa VOY ETAPGU DAY VOY EUSM MY KUALA SMC 8 7105S 17/05 Wffl ***** 11/0S THU KUUASIUI 71MS 11/05 Su 710 M H/D5 HO DMUSMII ***** If/OS Si 2107* 20/05 SAT DMIASMKI lm~ 71/D5 Si 7100* 72/D5 KAON HUUSIAII 710*5 TIM MOM 7IOW 23/05 TUt OMUSMd TUB 73/05 IS jTW
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    • 638 43 hfEBB ENG LEE SHIPPING CO PTE LTD I W: 533M7S Um>) fax: UMUI/DliHI I T a Net HHMIIMIC I VESSEI VOY SMETA SMETD MSTMMKW Uao*Sa23 4/00 16/05 IMB Bawrosr/Barons D»omc 11/00 17/05 17/05 Dura Uraon Sk» 12 4/00 17/05 19/05 Suratayc UwnS«of32 4/00' 19/05 20/05 kin* UMMSMT 10 5/00 19/05
      638 words

  • Page 44 Advertisements
    • 586 44 Ivessel^^VO^^S!^^»laas!^^| TIGER BRIDGE 800N 19-2<VO5 25-2806 02 0306 I TIGER METRO 801N 23-24/05 29-01/06 06-07/06 I TIGER STAR 802N 26-27/05 01-0406 09-1006 I TIGER RHYTHM 803N 30-31/05 05-0806 13-1406 I TIGER BRIDGE 804N 02 03/06 08-1106 16-1706 I TIGER METRO 805N *****6 12-1506 20-2106 I IVESSE^^^VO^^^SI^^^CAL^SI^^I TIGER CUFF 011 18-1905
      586 words
    • 1094 44 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: ftosinGsingiwt.com.sg DIRECT CONSOLIDATION SERVICE TO •OSAKA/NAGOYA *LAEM CHA BANG LAE/PORT MORESBY PASIR GUDANG *CEBU ADELAIDE/BRISBANE TAICHUNG/KAOHSIUNG SHANGHAI/XING ANG *MAHE •INCHON HAIPHONG/PHNOM PENH «YANGON •SEMARANG/BELAWAN SUVA/NOUMEA MALTA FOR BOOKING: *****51/3/6/60/*****/67/68/69/79 PROJECT SHIPMENT A HEAVY LI FT CARGO Bobby Lee *****71 bobby@flesin.com.sg Lawrence Lim
      1,094 words
    • 960 44 For bookkg t enqwry tat *****80 ,vCV, Wtkstt*: littp://www.ood.cMii WA/OUUM LM M MEM NTTHOU I ISCtd M» NTC HOU CM [a iff i!L W/W AM* <*/0t 07/04 I OOQNP»rO«MWSI7 75/04 74/04 77AM 21/04 03/05 71/05 HUS 04/04 14/04 15/04 ISAM 14/06 OOQJAWMWSIO 02/05 03/05 04/05 OVTB 10/05 71/05 OOQJtfMMKH? UAH
      960 words
    • 90 44 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYA VICTORY 2205 2305 JAKARTA TBN 2405 2605 PALEMBANG/PONTIANAK/ ME DAN PANGKAL BALAM (EAST TIMOR) REGULAR SERVICE EX YANGON (MERGUI SITTWEI JUBILANT 19/05 22/05 VISAK/CALCUTTA CHAHAYA STAR 2005 2505 MADRAS/CHITTAGO NG VISAK/CALCUTTA REGULAR DIRECT CONTAJNER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN
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  • Page 45 Miscellaneous
    • 120 45 LEGEND: Issued by Si^ Thunderstorm A Showers Rain Temperature Wind direction and speed in knots Cloudy Day Wea,her D >< o Ug7y Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Sl 9hl, *1 2m -L-« One half Heche represents 5 knots
      120 words

  • Page 46 Advertisements
    • 65 46 /lf We were first to introduce the private cabin to First; we were first to introduce the Cradle Seat to Club World; and shortly, we shall be the first to introduce flat beds to Club World. Is there no end to our improvements? RD ITICU AIDVA/AVC nx)TO information about British
      65 words
    • 11 46 The aircraft schedule has bean dropped dee to pressure on space
      11 words