The Business Times, 3 October 2000

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Total Pages: 50
1 50 The Business Times
  • 13 1 THE BUSINESS TIMES MfTA (P) 035/12/199§ 85$ SINGAPORE http://business-times.asial.com.sg/ TUESDAY, OCTOBER 3, 2000
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  • 69 1 □m UVXff (-24.08) 1,; T' li 78*83 (-3.09) ■■I MB auriMiM nn ST INDEX FDTU1ES U mhjoo (-6.00) n sasci pirruius M 365JO (.1.10) STOCK MABKET INDICES Monday Change ELSE POMP 70JS -9J6 msmm—iwo«i-_+t«* awAnnggwn A-11 SET INDEX 271* -QM JAKARTA COMP 42L24 +10.90 MANILA COUP _M*1« m
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  • 50 1 HKt— TTlJlZilffl BAHT 4116 24.23 HJP1AB 8,717 5.0M PtOffi BATES SINGAPORE* 5.80 KUALA LUMPUR 7 .67 JAKARTA J9.M BANGKOK ..lit) MANILA 11.00 B0NW0NQ 8.50 TAIPEI 7.84 SYDNEY A50 TOKYO 2J0 SEOUL 9.50 ZURICH** PBANKPURT— 4.50 LONBON 575 NEW YORK A75 AMnpi of 10 tub. **n«i Cmnl Baak discount rates
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  • 499 1  -  Companies by and large report too little and take too long going about it By\ Paul Thompson [SINGAPORE] The great majority of Singapore's listed companies have failed to make the grade when it comes to transparency, even though some among them have
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  • 567 1  -  Exclusive More launches, home loans war give sales a nudge By\ Marissa Chew [SINGAPORE] After four consecutive quarters of sub-1,300 sales, the private home market perked up in the third quarter with an estimated 1,700 units sold. A rough
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  • 436 1 He most seek presidential pardon or a judicial review of verdict AFX-Asia HUTOMO "Tommy" Mandala Putra, the youngest son of former president Suharto, has until tomorrow to decide whether to ask for a presidential pardon or seek judicial review of a verdict sentencing him
    AFX-Asia; REUTERS  -  436 words
  • Page 1 Advertisements
    • 98 1 msnxß t Top Stories Omni Industries expects to meet target this year despite Apple Computer's shock profit warning. Msxf Page Chuan Hup to spend $200 m over next five years on integrated logistics business. Proton shares hit by report it may buy Rover stake. Pg 13 Man U earnings stumble
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    • 38 1 Detailed ranking, Pg 9 The transparent and the opaque, Pg 9 How to pass the test, Pg 9 US internet firms iii 9 M jf 1 through cash Pg 19 Merrill Lynch and HSBC to merge? Pg 24
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    • 105 1 Jakarta gets real with Budget Indonesian Vice-President Megawati Sukarnoputri presenting the state draft Budget in Parliament yesterday. Foil report, Next Page V ■<. V < <» I I <• < I i<» ii I' i i v r«• .1 i I i r r I* .1 i i s I
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  • NEXT page
    • ON THE grapevine
      • 76 2 SEEMS the top dogs at United Overseas Bank gave a fun send-off party to the bank's president Ernest Wong, who left to head Media Corp. Held at the bank's penthouse, the carousing included a long karaoke session. Most of UOB's top managers, including its deputy chairman,
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      • 97 2 WE know that making fun of grannies is politically very incorrect. But with the current hot story of the jailing of a grandmother, who is illiterate, for renting out her flat to illegal immigrants, Grapevine has been coming across quite a few granny stories.
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      • 54 2 LAST week, BT Online ran a straw poll that had readers respond to the statement: Things look bearish for the Singapore stock market for the rest of this week. The poll results were: No, the fundamentals are still intact 23% Yes, sentiment is very weak 68%
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    • 595 2  -  CEO: Profit forecast on track; orders up from other big players By David Boey [SINGAPORE] Electronics contract manufacturer Omni Industries said yesterday strong sales momentum would help it achieve targets this year despite big customer Apple Computer's shock profit warning last Thursday.
      SIEW YAW HOONG; Source: Blòmberg  -  595 words
    • 940 2  -  Cautions estimates on rnpiah, oil prices keep lid on spending From Shoeb Kagda in Jakarta INDONESIA yesterday unveiled a conservative but realistic draft Budget for 2001, providing hope for slow but sustained economic recovery, while ensuring that the nation does not tear itself
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  • Page 2 Advertisements
    • 297 2 Chairperson OR CHAIR SALESPERSON? b J To fill your vacant positions, just call 1800-741-1883. IbeStrattsTimes MMBB Hfl] UNIVERSITY OF NATIONAL UNIVERSITY v/ SOUTH AUSTRALIA ®OF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" PhD BSC (Hons) in Business and Management bsc (Hons) information Technology Singapore
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    • 9 2 SAP aps ratings for certain Indon debts, Pg 16
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  • SINGAPORE companies
    • 404 4  -  Minimum charge of $30 a factor; unit volume ginks to lowest level this year By R Sivanithy IT was meant to reduce transaction costs and give retail traders a greater incentive to trade. But when it finally arrived yesterday after a three-year wait,
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    • 403 4  -  5-year plan to build op integrated logistics biz in SEA By' Vivien Ng MARINE transport provider Chuan Hup Holdings said it will set aside $200 million over the next five years to develop its integrated logistics business in South-east Asia. "Over the next few
      ARTHUR LEE  -  403 words
    • 300 4  -  By Conrad Raj THE Civil Aviation Authority of Singapore (CAAS) has lifted a three-day suspension of Eagle Services Asia (ESA), a joint venture between SIA Engineering Company (SIAEC) and America's United Technologies. The authority suspended Eagle at spm on Sept 26 after it found
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    • 361 4  -  Shift marks another notch in Olds' succession play By\ Siow Li Sen THE John Olds succession play at DBS Group moved up a gear yesterday, when senior managing director Frank Wong was appointed to the corporate office. Led by chairman S
      FILE PHOTO  -  361 words
    • 641 4  -  IWMH lock siew diana oon abdullah SOME analysts may have given the thumbs-up to Malaysian tycoon Rashid Hussain's scheme to separate his banking and stockbroking businesses, but investors are likely to stay away from the group until the dust settles
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    • 489 7  -  TradeOneAsia to have $30-50 m shareholder investments; Deutsche Bank to take 10% stake in integrated e-commerce platform By\ Serena Ng KEPPEL Corporation said yesterday it has started a new business-to-business exchange called TradeOneAsia.com, which will be fuelled by shareholder investments of $30-$5O million during the
      ARTHUR LEE  -  489 words
    • 223 7 KEPPEL Telecommunications and Transportation's subsidiary Data One yesterday launched its Malaysian Internet data centre which has an initial investment of RMII million (Sss million). The data centre is located in the Malaysian Technology Development Corporation server farm in Serdang. It provides managed Internet hosting
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    • 407 7  -  /it/] Kalpana Rashiwala THE IP Property Fund Asia and Somerset Holdings have teamed up to buy a development comprising two residential towers and a townhouse in Bangkok's Sukhumvit area for 1.24 billion baht (5551.1 million) which Somerset will manage as service apartments. For
      407 words
    • 461 8  -  Unit will tap growing trend towards offsite fabrication By Serena Ng HONG Leong Asia is buying just under 50 per cent of Lion Teck Chiang's subsidiary Angkasa Building Materials for $15 million. The two companies said in a joint statement
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    • 236 8 STRIKE Engineering is proposing a one-for-one bonus issue to boost liquidity in the trading of its shares and to reward loyal shareholders for their continued support. The proposed issue will be made by capitalising a maximum of $18.27 million and $52,600 from the group's
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    • 245 8 New system allows several classes of service TELECOMMUNICATIONS solutions provider iSoftel yesterday announced a new solution for Voice over Internet Protocol (VoIP) services. ipMillenia Prepaid/Postpaid Management System (PPMS) builds on the existing capabilities of Millenia PPMS. It enables service providers to
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    • COMPANYBriefs
      • 17 8 HOTEL Plaza said Ernest Wong resigned"as a director on Sept 30.
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      • 20 8 NATSTEEL Broadway said Tommy Chan has resigned as chief financial Officer with effect from Sept 30.
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      • 110 8 OVERSEAS Union Bank has appointed Ng Boon Yew as a non-executive director. Mr Ng, 45, is a chartered accountant Until March 2000, Mr Ng was the partner in charge of corporate finance services and head of the Singapore banking practice in a Big
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      • 126 8 w ASIA Pacific Breweries said its 50 per cent-owned associate, Sino-Brew Investments Pte Ltd, has entered into a conditional agreement with two Chinese entities, Guan Sheng Yuan (Group) Co (GSY) and Shanghai Light Industry Corp for Foreign Economic and Technical Co-operation, to buy 27
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      • 78 8 HO Wah Gen ting International said it has substantially completed its due diligence on its proposed acquisition of two toll roads in He ilongjiang province in China and is now finalising details of modifications to the proposed transaction with the vendors. The deal was
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      • 88 8 WBL Corp said Behavior Tech Computer Corp, a Taiwan-listed company, has acquired 40 per cent of the equity of Wearnes Peripherals International (Pte) Ltd, a subsidiary of WBL, for $1.92 million. WPI, which makes and distributes optical storage devices and multi-media products, was owned equally by WBL
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      • 72 8 ITE Electric said associated company Jung Asia Pte Ltd and Hongkong Lighting Ltd will operate a joint venture company in Hongkong called Jung (HK) Ltd. The new unit will promote, market and sell all products under the Albrecht Jung Sales Programme within Hongkong and China. Jung
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  • Page 4 Advertisements
    • 555 4 Arthur Andersen Financial Reporting and Accounting in the United States US GAAP SEC Requirements (19 20 October 2000. 9am to spm. Goodwood Park Hotel) The US capital markets have the largest pool of investment funds in the world. Its well developed markets—in both equity and debt instruments and the strong
      555 words

  • Page 5 Advertisements
    • 42 5 6 o I <_> o I E < I Q. o O I o CM I does mean for I an energy company 3 II m] |l l« fjtfMi mMwA mlk flli^HHi ■Ik. «s% :V«^*aijaMKi a i IV v •»>-* v v .<> V rjr- '-7®*
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  • SINGAPORE markets
    • 498 6 Stock* Votums Nat Elec 10c 15,358,000 Omni Ind 10c 8,791,000 Eastern Asa 6,110,000 Wizoffice5c 5,103,000 Loong Hin20c 4,008,000 Chart Semiconductor 26c 3,520,000 NOL 3,048,000 NatStee<50c 2,655,000 Medi-Rad5c 2,430,000 DBS Land 2,245,000 Stocks Nat Elec 10c 62,857,800 DBS Gro 39.955,637 Chart SemiConduckx 26c 36,766,100 Omni Ind 10c 23,038,990 SPH 22,959,658 SIA
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    • 575 6  -  -I I comment STOCKS r.sivanithy WHEN the top gainers' list includes stocks that added just one cent, it is fair to say it was a pretty dismal day in the local market. Nasdaq's Friday dive and the closure of Hongkong for
      575 words
    • 186 6  -  WARRANT WATCH By R Sivanithy WHEN Malaysian equities were traded here on Clob International, one of the more popular instruments was Tongkah Holdings' warrants. This was partly due to the fact that the company is controlled by the Malaysian prime minister's son. Since
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    • 245 6  -  HOT STOCK By Serena Ng THE stock of property developer Keppel Land performed well last month and is likely to continue consolidating around current levels. It closed three cents lower yesterday at $2.47 on a volume of 1.71 million shares. The counter has come
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    • 128 6 ♦DOLLY SohWah Lee, company secretary, Parkway Laboratory Services and Medi-Rad Associates, has resigned with effect from Sept 30. Ho Li Li has been appointed as company secretary of both companies, effective from the same date. ♦TECK Wah Industrial Corporation has been given in-principle approval by the Singapore Exchange
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    • 339 6  -  CURRENCIES larry wee CURRENCY markets were mixed in Asian trading yesterday after Wall Street stumbled last Friday, slapped down by Apple Computer's warning of weaker sales ahead. Key US dollar supports like 88.50 US cents per euro as well as 5J1.7380
      Source: Reuters  -  339 words
  • Page 6 Advertisements
    • 1171 6 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF ENERSAVE ENGINEERING (S PORE) PTE LTD (In Member* Voluntary Liquidation) At an Extraordinary General Meeting of the Members of the abovenamed company duly convened
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    • 368 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PLC MEDICAL SYSTEMS ASIA/PACIFIC PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act, Cap. 50 that the Frial Meeting of Members of the
      368 words
    • 46 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must tead the prospectus The value c' the units and the ncome from them may fail as well as rise Q! H '.SFV-;
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  • Page 7 Advertisements
    • 200 7 J. II i cai*n I stfPUVT WEAPON VlPll SAIJU LIST PRICE NOW Subscribe to AsiaStockWatch.Com for only $15 a month and arm yourself with a wealth of financial information at breathtaking speed! mL Equip yourself with our powerful content at the forefront of technology. Our Content: Experienced BB* financial journalists
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  • Page 8 Advertisements
    • 38 8 jHBW jfl *T V» IBM and the e-business logo are trademarks and DB2 Universal Database is a registered trademark of International Business Machines Corp in the U S andor other countries Copyright IBM Corporation 2000 All rights reserved
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    • 47 8 Thong Tsck Building Strata Area: 22,227 sf I 10ffica: 12 7 IK;;, 1 °p« n •p** i 22 Ifj wVvSB Outside ERP zone/near «OU MABKETIWO AOEWT ">T--' Make your dreams come true with the perfect home from The Straits Times Classified. •> I^*l Buy It Sdik. Hod k.
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  • CORPORATE transparency
    • 889 9  -  Companies like Chartered impress with their transparency but they are the exception rather than the rule Reports by] Paul Thompson BACK in late July when companies were first scored on The Business Times' Corporate Transparency Index (CTI), Chartered Semiconductor Manufacturing (Chartered) racked up a score
      889 words
    • 350 9 What can companies do to attain the pass mark of 50? Hen are five easy steps to passing the test which do not entail an inordinate amount of time and money. 1. Means of disseminating the interim report consider hosting a press conference, preferably with media and
      350 words
    • 1863 9 Complete listing of scores COMPANY NOTES CONTENT CONTEXT TOTAL COMPANY NOTES CONTENT OONTEXT TOTAL (OUT (OUT (OUT (OUT OF 50) OF 100) OF50) OF 100) Hmlffmmffrfr—rmmtaDm 91) Chartered Semicon NAS, STI 29 50 79 Ming Wah Universal 22 15 37 j ST Engineering STI 31 45 76
      1,863 words

  • MAIL bag
    • 351 10  -  Janette Ang Head, Public Relations National Kidney Foundation WE refer to your report, "Deal leaves Kidney Foundation holding 8.4 million WizOffice shares" (BT, Sept 30). It is factually incorrect and gives the erroneous impression that the National Kidney Foundation (NKF) had an option to obtain $1.24
      FILE PHOTO  -  351 words
    • 370 10  -  Heng Meow Leng Singapore, via Internet I REFER to the article "Deal leaves Kidney Foundation holding 8.4 m WizOffice shares" (BT, Sept 30). When Frontline, a Chinese current affairs programme, approached NKF for their distribution of funds, NKF chose not to comment, whereas other charitable
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    • 217 10  -  Lim Eng Cheng Singapore, via Internet I REFER to your report "Deal leaves Kidney Foundation holding 8.4 m WizOffice shares" (BT, Sept 30). NKFs business dealings with WizOffice raises several questions: Why is a charitable organisation providing commercial services to a company unrelated to its
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    • 150 10  -  Zheng Minju Singapore, via Internet I REFER to the article, "A Singaporean approach to problem-solving" (BT, Sept 15). All our petrol companies are dishing out free gifts for patronage. They could have reduced the price of the petrol by that amount instead
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  • Page 10 Advertisements
    • 206 10 since 1922 The Legacy of the Tek Sing The Tek Sing is a Chinese junk which was sunk in 1822. Selected pieces of the Tek Sing treasures will now be on display at this special exhibition. The Tek Sing was salvaged from the deep by Captain Michael Hatcher who will
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    • 72 10 Since 1975 our worldwide staff of over 275 multi-disciplined professionals jjfc W Wt including lawyers, chartered accountants 1* chartered secretaries and bankers have < k y provided confidential and cost effective L company formation in all the major low tax areas including IncoiporMion Fees from USS500 The world's leading Florence
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  • Page 11 Advertisements
    • 249 11 K 1 I -jB V BVI -s*fc> v*fl Hb^^l m Kl Hbh 1 H |l p W&Sm Rcilß EX>< V^ i IHV Mh-lm ur"' k lBBs Kji K'- v nR- .-a jHSni 1 M 9«" ''.'-vWiB BK/i'. .<4*^" aMi <* iv ;<wkb -3K ,^M ir" i*sjfls£ V*v H£||sP 1 %W
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  • FOCUS property
    • 680 12 Spending rises 1.4% to US$794-5b in Aug as low mortgage rates rekindle bnyer enthusiasm Bloomberg [WASHINGTON] US construction spending in August rose for the first time in five months as work on public buildings and multi-family housing increased, government figures showed yesterday. Spending on
      Bloomberg; REUTERS  -  680 words
  • Page 12 Advertisements
    • 392 12 PmcvWERHOUSEQopers Q No. 12 Ang Mo Kio Street 65 Ang Mo Kio 3 Singapore *****0 Description The property is a six-storey light industrial building situated in Ang Mo Kio Industrial Park 3 Legal Description Lots A ***** and A*****(a) Tenure 30 years lease commencing from 16 October 1990, with option
      392 words
    • 238 12 For Sale By Tender 55 Übi Avenue 3 Singapore *****4 it Description: A purpose-built 5 -storey factory I building with ancillary showroom at Ist storey and ancillar v office >n a prime industrial location. Legal Description 5147 X Mukim 23 Gross Floor Area 141,148 sq ft (subject to final survey)
      238 words
    • 230 12 m j° nes lang w LaSalle. BOARD OF COMMISSIONERS OF CURRENCY, SINGAPORE PREMISES At 79 Robinson Road, CPF Building Units #01-02, #01-01, #81-00, #82-00 Floor area: 77,264 sq ft approx. Lease of 99 yrs less 1 day from 10 Jan 1968 Excellent frontage along Robinson Road Next to Tanjong Pagar
      230 words

  • SINGAPORE news
    • 304 13 B6 Lee says GDP growth above 8% still conceivable DEPUTY Prime Minister Lee Hsien Loong last night said the oil crisis would affect Singapore's economic growth and inflation, but the impact "should be manageable" and "smaller than before". For the full year, GDP
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    • 317 13  -  the economy outlook Byi Anna Teo INDUSTRIAL vitality has driven another round of GDP growth revision for Singapore US investment bank JP Morgan is now looking at 10.9 per cent growth in the third quarter, and a full-year pace of 10.1 per cent.
      Source: J P Morgan  -  317 words
    • 295 13 HEALTH Minister Health Lim Hng Kiang said yesterday the public should not panic despite four deaths from hand, foot and mouth disease (HFMD) in the past month. At noon yesterday, 19 children with HFMD were in Kandang Kerbau Hospital and the
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    • 395 13  -  They'll fly down from KL after the board's annual off-site meeting on Thursday By Siow Li Sen JOHN Bond, group chairman of financial giant HSBC Holdings, will be in town on Friday with his entire board comprising some of the world's top corporate
      FILE PHOTO  -  395 words
    • 369 13 THREE more investment properties are up for sale a commercial building and two redevelopment sites. The owners of Westpeak condominium along West Coast Road are putting their property up for sale in one of the largest of collective sales in Singapore. The freehold
      369 words
    • 474 13  -  Liberalisation, more players will mean stiffer competition By' Teh Hooi Ling INTERNET and cable television have taken away audience from newspaper and free-to-air television, according to the latest numbers released by market research firm ACNielsen. The ACNielsen Media Index, which tracked media
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    • 264 13  -  PROPERTY FOCUS By, Andrea Tan LISTED Hong Lai Huat Group has paid $26.23 million for a 52,255 sq ft freehold plot in Katong. The property, which consists of three separate lots, belonged to the Lee family of OCBC. At $26.23
      264 words
    • 257 13 AVERAGE prime office rents rose 6.2 per cent in the third quarter to $6.90 per square foot a month and CB Richard Ellis (CBRE) sees a further 8.7 per cent increase by year-end to $7.50. "In view of strong demand and the increasingly
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  • Page 13 Advertisements
    • 318 13 As Result of D.C. Suit No. 4562 in the Subordinate Courts of Singapore MAJOR REPOSSESSION AUCTION A Large Number of Very High Value Connoisseur Art Assets selected from Private Wealth Collection of one of world's oldest and most exclusive specialists in rare antique Eastern carpets and textiles Confiscated under Preventive
      318 words

  • EDITORIAL & opinon
    • 823 14  -  bottom line OPINION michael lewis Michael Lewis, the author of 'The New New Thingis a columnist for Bloomberg News. His opinions are not necessarily those of Bloomberg News Bloomberg THE Wall Street Journal ran what must have been the world's first dramatically interesting
      Bloomberg  -  823 words
    • 86 14 'From its birth, Opec has been an instrument in the fight for liberty, for justice and for peace. Today, we are here to strengthen Opec. Today, much more than yesterday, we face poverty of the developing world.' -Hugo Chavez Venezuelan president, outlining an expanded rolefor the Organisation
      86 words
    • 631 14 EDITORIAL TWO body blows in as many weeks have left the global computer industry gasping. While investors have clearly over-react-ed to the profit warnings of Intel Corp and Apple Computer, the underlying sentiment cannot be ignored. We are witnessing a changing of the guard.
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    • 1250 14  -  Not just aid bnt trade as IMF, World Bank vow to fight for more open markets in developed nations By. Anthony Rowley The writer, BT's Tokyo correspondent, covered the IMF/ World Bank meeting in Prague THE miasma of smoke and teargas that
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    • 903 14 Indonesia's well-oiled THE INDONESIAN government's policy of keeping domestic fuel prices as low as possible, in the name of protecting the poor, must count as the biggest national conspiracy ever concocted by the ruling elite. The poor are the very last to benefit from the cheap-fuel
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  • MALAYSIA news
    • 782 15 KUALA LUMPUR Stronger yen, fnel price worries also take toll; Proton denies it's in talks with UK carmaker Bloomberg, AFP PERUSAHAAN Otomobil Nasional Bhd (Proton) shares fell after a report the biggest Malaysian carmaker may be buying a stake in
      Bloomberg,; AFP  -  782 words
    • 378 15 KUALA LUMPUR Consolidation in sector seen forming 'universal brokers' Bloomberg, AFX-Asia MALAYSIA said yesterday it expects at least five large brokerage groups to emerge by year end from its drive to encourage the country's 63 brokerages to join forces. The Securities Commission said it
      Bloomberg,; AFX-Asia  -  378 words
    • 247 15 KUALA LUMPUR AFP THREE Malaysians have submitted a bid to buy the national news agency Bernama and state radio and TV stations from the government, one of the trio said yesterday. Jalaluddin Baharuddin, a former press secretary to Prime Minister Mahathir Mohamad, confirmed
      AFP  -  247 words
  • Page 15 Advertisements
    • 136 15 Wit -Ja ji- 4, *Vv a h V V >mjAb ,tf •JA a& ,*y :tfM| Hlfyou enjoy making money, you should consider the A* One investment plan. The AIG A-One investment plan offers you a choice of four portfolios which are diversified across different markets It aims to helpyou reach
      136 words

  • SOUTH east asia
    • 461 16 LONDON Analysts see agency's upgrade giving a boost to ailing stock market Reuters, Blg RATINGS agency Standard Poor's said yesterday it had raised Indonesia's long-term foreign currency issuer credit rating to B-minus from SD (selective default). The agency also said it had raised
      Reuters,; Blg; AP  -  461 words
    • 351 16 BANGKOK Premier says electoral reforms bill will be considered on Friday AFP, AP THAILAND'S parliament could be dissolved between Oct 21 and 23, and the key general election called then, Prime Minister Chuan Leekpai said yesterday. "I am looking at these dates, the 20th,
      AFP,; AP  -  351 words
    • 303 16 BANGKOK Bloomberg, AFP MERRILL Lynch Co and Thai Farmers Bank pel will merge their fund management units in Thailand, the third-largest Thai bank said in a statement. The merger will result in the creation of the country's largest asset management company with a
      Bloomberg,; AFP  -  303 words
    • 315 16 MANILA Bloomberg SEVEN Eleven Inc, the world's largest convenience store chain, is poised to become the Philippine's first foreign retailer after its Taiwan franchisee agreed to buy at least half of the Philippine franchise holder. President Chain Corp has agreed to buy 50.4
      Bloomberg  -  315 words
    • 295 16 MANILA Tycoon boys all the shares offered in 10b peso rights issue AP PHILIPPINE National Bank (PNB) said yesterday its controlling shareholder, Lucio Tan, has purchased all the shares offered in a 10 billion peso (*****.4 million) stock rights offering to raise fresh capital
      AP  -  295 words
  • Page 16 Advertisements
    • 3 16 I for|^p)ull singaporefinance.com.sg
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    • 416 16 HARIMAU INVESTMENTS LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, destroyed or mislaid: Hams CwtffidtC NO, No. of share* Estate of Kee Yeow *****3 1,000 Chim, Deceased -do- *****4 1.000 -do- *****5 400 NOTICE IS HEREBY GIVEN that new share certificates will be
      416 words
    • 166 16 S H INVESTMENTS PTE LTD (In M*mb*re' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN lhat the Final General Meeting of the above named Company will be held at 220 Orchard Road #05-02 Midpoint Orchard Singapore *****2 on 4 November, 2000 at 3.00 p.m. for the following purposes1.
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  • EAST asia
    • 592 17 HONGKONG Report says it plans to ran Savers Health and Beauty the way it rans its AS Watson stores in Hongkong HONGKONG tycoon Li Ka-shing's Hutchison Whampoa Ltd is close to acquiring Britain's discount stores chain Savers Health and Beauty, South China Morning
      592 words
    • 416 17 HONGKONG Stock of HE subway operator to start trading on Thursday Bloomberg MTR CORP shares may rise when trading starts on Thursday, after nearly one resident in 10 applied for a piece of the subway operator in Hongkong's first public sale
      Bloomberg  -  416 words
    • 256 17 TAIPEI Bloomberg TAIWAN National Financial Stabilization Fund manager Yen Ching-chang cancelled a trip to the US to attend a financial conference to personally monitor the island's volatile stock markets. Finance Minister Shea Jia-dong ordered Mr Yen to intervene in the markets on Saturday when
      Bloomberg  -  256 words
    • 170 17 Reuters [BEIJING] China published sweeping new regulations on Internet companies yesterday that limit foreign investment, require strict surveillance against "subversive" content and threaten to close down any unlicenced firms. The rules, passed by China's Cabinet two weeks ago and published in the official
      Reuters; REUTERS  -  170 words
  • Page 17 Advertisements
    • 215 17 ■■■■rill Av B ■v 1§ V 1& x mm 4 You're an Internet Applications Provider, Incubator or Service Provider who offers Internet-based sales of products and services. rSvkv -^BI^BW^SP■ y y v. v -< y: -J' Your primary delivery channel and product offerings are through the Internet. y "< .V
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  • SOUTH asia
    • 296 18 NEW DELHI 17.4% increase in exports offsets ballooning oil import bill Bloomberg, Reuters INDIA'S trade deficit narrowed by one-third in August as export gains offset a ballooning oil import bill, a government statement said on Sunday. The shortfall narrowed 34 per
      Bloomberg,; Reuters  -  296 words
    • 258 18 JAIPUR, India TWO Rajasthan state government employees have sought to bill US President Bill Clinton for allowing his aircraft to use the hangar at Jaipur airport when he came to the state during his visit to India in March, Deccan Chronicle newspaper
      258 words
    • 490 18 NEW DELHI Russian president starts 4-day visit; aims to boost trade AFP RUSSIA values its friendship with India and a new strategic partnership will bolster ties, Russian President Vladimir Putin was quoted as saying on Sunday on the eve of his visit
      AFP; REUTERS  -  490 words
    • 258 18 NEW DELHI AFP VISITING Russian President Vladimir Putin has asked for the latest Indian blockbuster hits to be available at his hotel suite in New Delhi, India's Hindustan Times reported yesterday. Kremlin aides requested a digital video disc (DVD) player
      AFP  -  258 words
  • Page 18 Advertisements
    • 31 18 Premium Automobiles Showrooms: 9 Leng Kee Road. Tel: 566 1111 61 Übi Avenue 2, #01-11, Automobile Megamart. Tel: 841 1183 Parts 8 Service: 27 Leng Kee Road. Tel: 473 1183. ■k
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  • e-NEWS
    • 395 19 Survey finds 273 of 339 companies spent more than they took in dnring Q2 Reuters, {NEW YORK] Internet companies in the US are burning prodir;giouB amounts of cash, raising the prospect of dozens of them from the landscape over the next 12 months,
      Reuters,; LUDWIG ILIO/ST  -  395 words
    • 577 19 New US law takes effect granting them same legal standing as "wet' ones NYT THE revolution sits quietly, waiting. Customers who walk into the Charles Schwab brokerage office in Penn Plaza in midtown Manhattan will see, tucked out of the way on brokers' desks,
      NYT  -  577 words
    • 152 19 Reuters [MELBOURNE] Telecoms giant Telstra Corp said yesterjday it remains positive on a 4eal with Pacific Century Cydespite reports CyberWorks was preparing an partnership in case Jjli)d6al fell through. a> The South China Morning Post reported on Saturday that CyberWorks was working
      Reuters  -  152 words
    • 489 20 Buying its US rival for I.Bb euros makes ASML top maker of scanners, steppers Bloomberg, Reuters [AMSTERDAM] ASM Lithography Holding NV (ASML) has agreed to buy US rival Silicon Valley Group Inc for 1.8 billion euros (552.77 billion) in stock, becoming
      Bloomberg,; Reuters  -  489 words
    • 325 20 Ernst Young to spin off online training unit NYT [NEW YORK] The accounting firm of Ernst Young said it would spin off its online corporatetraining operations this week as part of a strategy to become a dominant player in the crowded online corporate-training industry. It hopes the newly independent training
      NYT  -  325 words
    • 376 20 Study warns against growing digital divide Reuters [WASHINGTON] As many as 50 million US adults are in danger of becoming functionally "illiterate" in coming years because they lack knowledge of or access to the Internet, a study released yesterday said. Gartner Group Inc, a
      Reuters  -  376 words
    • 379 20 Reuters [TOKYO] KDDI Corp, a new Japanese telecoms group born out of a three-way merger, suffered a 5 per cent slide in its shares on its first day of business yesterday, as investors weighed its chances against industry leader NTT. KDDI,
      Reuters  -  379 words
  • Page 19 Advertisements
    • 574 19 -V' -IPwil' -«T f£ .<.* r IWMIBpW'JJ III i iii ml i i' MgiWlwr •iix: 4 l l.i J -BSBmFmuEMSS^turti* ~',:?~i,r?^jr^^''TTFnrCTn rf^'lT sg^nTSS^^HßMMWlMFa art* t >■! mi >i__J\ i I U (£1 3 v l\, glli A. \_^""""T V \»x" '7 ti' "V x »ifl I A f>,«.. V v*-l
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  • Page 20 Advertisements
    • 79 20 "Decked with juxuries...built-in phone with memory for "The cabin is super spacious" -numnimnTiiTm THE SBO IS THE BEST VOLVO EVERs "Adds excitement and equipment like never before." BUT DON'T JUST TAKE OUR WORD FOR IT. "Stirring performance indeed from a large saloon." TtosmMTm. V I r* "J -7 "7? yLUi-'.''...
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  • Page 21 Advertisements
    • 75 21 rri i £l#m y||: Free Server Now Software Purchase Web Sphere Commerce iMt. a server ai|—ll training absolutely free, because at IBM we the profitability of your com depends on start-up November Server bundles IBM is a registered trademark and the e-business logo is a trademark of International Business Machines
      75 words

  • SUCCESS formula
    • 1363 22  -  The ingredients for success, both at an individual and national level, are changing dramatically. To mongrelise or die is the new slogan. By G Pascal Zachary THOSE anxious about the great shifts in the world today are right to be worried. What made nations and
      FILE PHOTO  -  1,363 words
    • 1236 22 L Recruit widely A global war for talent means that even if you don't, your competitors will. Schering, the German pharmaceutical company, traditionally employs large numbers of foreigners. Fifty-six per cent of its 22,000 employees aren't German. Yet virtually all of them work outside
      1,236 words
    • 328 22 The percentage of Americans claiming mixed ancestry—meaning some combination of black. white, Hispanic and Asian—is expected to triple to 21 per cent by the year 2050. Among Asian-Americans, the figure could reach 36 per cent; for whites 21 per cent; for blacks 14 per cent, and for
      328 words

  • Page 23 Advertisements
    • 180 23 in iml J y fip|P j m/ j I Ami/ j L EflF gggMjgp/^^^H If information is your most valuable asset, then facts are its currency. In today's fast-moving world, having the right information enables you to seize opportunities you never realised you had. Factiva, a Dow Jones Reuters Company
      180 words

  • WORLD news
    • 566 24 NEW YORK Bnt HSBC denies report of USslBsb merger; Merrill declines to comment HSBC Holdings is in talks to buy Merrill Lynch Co, the New York Post said yesterday, citing a source close to the situation. The combined institution will have a
      566 words
    • 562 24 LONDON Bloomberg LONDON'S financial district, known as the City, is losing tenants as rising rents and planning restrictions force businesses to move down the River Thames to Canary Wharf. Morgan Stanley Dean Witter Co, Citigroup Inc. Credit Suisse First Boston, Bear Stearns Cos
      Bloomberg  -  562 words
    • 427 24 LONDON Bloomberg CRUDE oil rose more than 2 per cent, regaining part of a two-week decline, on concern that US stocks of heating fuel will be insufficient to meet demand in the coming winter. Heating fuel inventories in the US are 36 per
      Bloomberg  -  427 words
    • 45 24 [DRESDEN] Tourists passing a big poster made up of newspaper cuttings published over the last ten years on the boulevard Bruehlsche Terrasse in Dresden, eastern Germany, yesterday to mark the 10th anniversary of the German unification on Oct 3. AP
      AP  -  45 words
    • 674 24  -  From, Shada Islam in Brussels DENMARK'S rebuff of the euro last week may have had little impact on the single European currency's stUl-dismal performance on global financial markets. But the referendum looks set to change the European Union in a myriad of ways, say
      674 words
    • 374 24 BRUSSELS Investment in equities and across borders mooted FT THE European Commission is set to propose new rules that will allow private pension funds in the European Union far more freedom to invest in equities and operate across national borders. The
      FT  -  374 words
    • 361 24  -  From( Catherine Ong in New York THE share price of Boeing, the world's biggest aerospace company, took a hit in early Wall Street trading yesterday in reaction to news that Singapore Airlines has awarded a crucial US$B.6 billion order for 25 superjumbo aircraft to rival
      361 words
    • 460 25 Operating expenses increase 20.7% to £65.8 m while gate receipts fall to £36.6 m dne to five fewer home games Reuters [LONDON] Britain's Manchester United pic, the world's richest soccer club and current English champions, reported a 25 per cent slide
      Reuters; Photo: REUTERS  -  460 words
    • 520 25  -  First live broadcast tonight; likely issues are oil, education, healthcare costs From] Leon Hadar in Washington CAMPAIGN advisers for two leading presidential candidates say that the first televised debate between VicePresident A 1 Gore and Texas Governor George W Bush could have a major
      520 words
    • 160 25 BOSTON Bloomberg FLEETBOSTON Financial Corp, the eighth-biggest US bank, has agreed to buy Summit Bancorp, the No 1 bank in New Jersey, for US$7 billion (5512.2 billion) in stock to expand in the third-richest US state. Princeton-based Summit with assets of US$39 billion, has
      Bloomberg  -  160 words
  • Page 24 Advertisements
    • 147 24 B^PIBimIIII the new landscape International Design Forum 4-7 Oct 2000, SICEC, Suntec City, Singapore HOTLINE *****22 i I IJQltfClilllilD^H We provide consultancy services on offshore structures, shelf companies and Incorporations In ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands > Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and
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  • Page 25 Advertisements
    • 329 25 if iMiiTixcMiii^wjTwyiiiiTjiiiiirriiMnriir^^^i i B b^f |l fl recent study shows that when you I CODDLE I !]l YOUR CUSTOMERS, I it's your shareholders who feel all H II WARM AND FUZZY. I 8; n > s &K 3*3 JL| IfLltTtllTl Tig CUStOVISTS full payback on their Siebel investment in not
      329 words

  • SYDNEY 2000
    • 921 26 Upsets characterise Sydney 2000 where underpromoted sportsmen pull off surprises to clinch titles and break records LATWP THE Sydney Games were an organisational marvel, an aesthetic wonder, a smashing success from transportation to ticket sales. Nobody disputes those facts. But what about the sports? One
      LATWP; AFP  -  921 words
    • 808 26  -  Letter from Melbourne Cathy Freeman's a national sports icon, but the real test will be in the political arena, says TYE KIM KHIAT TYE KIM KHIAT THE dust is quickly settling at Homebush. venue of the Sydney Olympics. The cheers that reverberated through the
      REUTERS  -  808 words
    • 414 26 Bloomberg [NEW YORK] NBC's coverage of the Summer Olympics drew the lowest television ratings for the Games in at least 30 years as lacklustre gymnastics teams and heightened competition for US viewers plagued the network. NBC's 16 nights of Olympics from
      Bloomberg  -  414 words
  • Page 26 Advertisements
    • 744 26 mi Tat Lee Finance Keppel Tat Lee Finance Limited (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Tat Lee Finance Limited (the "Company") will be held at the Board Room, 36 Carpenter Street, 6th floor, Singapore
      744 words

  • FINANCE & commodities
    • 307 27  -  SGX Derivatives Tmibn&Report ST Index/MSCI SPpore Index Lau Chee Keong Refco Singapore A SLEW of profit warnings from US companies continued to weigh on the Singapore stock market yesterday, particularly the technology stocks. The Straits Times Index fell, led by computer-related and electronics
      307 words
    • 233 27  -  MSCI Taiwan Index La uChee Keong Refco Singapore THE Taiwan stock market started off on a wrong footing on the first trading day of October yesterday. The lower Nasdaq market caused a sell off in technology stocks. The Nasdaq was lower due to
      233 words
    • 203 27 Reuters [KUALA LUMPUR] Malaysia yesterday urged growers to set aside part of their land for rubber trees to help halt a decline in output from the world's third largest rubber producer. "The Cabinet has asked me to convince the estate sector to maintain a
      Reuters  -  203 words
    • 316 27 Reuters London THE euro seesawed in narrow ranges as signs of an economic slowdown highlighted by euro zone data yesterday were offset by persistent wariness that central banks could intervene to support the single currency. The yen also suffered from doubts about an economic recovery in its country
      Reuters  -  316 words
    • Article, Illustration
      1206 27 nrTERBAMKraOSS RATES Ocn hi CS far* FTr M i} Mb Yaa Won M<«$NfcHNw S$ >■< Sir H Ortt HI HS$ AvstraMi 0 815 4 4% 0.613 4020 1.199 4223 24.930 ***** 0107 6.056 2.058 1.333 3L502 25.073 0.942 1099 0.935 K.903 ***** 0.367 0342 Cmdi 1.228 5.520 0.753 4.936 L472
      1,206 words
    • 1781 27 SICOM rilTUUBS Oct 2 RUBBC1 Mm CM* as 5J0pM RSS 1C0NTtACT(S cents/kg) Om Mm OpM MmBi W* Uw Sott tt—U IKornt Nov 00 116.00 Oec 00 N825 JM 01 »JO 50 Feb 01 ttlOO 50 ISS3C0imMCT(UScMtt/hD Mw OpM MmBi Mj£ Law S«n CMmm) Nrtorwt Nov 00 67.00 66.75 66JO SO
      1,781 words

  • STOCKS east asia
    • 363 28 AFP □WPlnta -16L07 TAIWAN share prices extended losses for a fifth consecutive day yesterday after falling 2.6 per cent to a new low for the year amid cautious sentiment, dealers said. The Taiwan Stock Exchange Weighted Price index shed 161.07 points to 6,024.07, following a 6.5 per cent plunge
      AFP  -  363 words
    • 2031 28 TOKYO AFP QNikkd22S ****** SHARE prices in Tokyo gained one per cent yesterday as late bargain-hunting triggered by pension funds reversed early losses, brokers said. The Tokyo Stock Exchange's Nikkei--225 index rose 155.25 points to close at 15,902.51. The Topix of all issues
      AFP  -  2,031 words
  • Page 28 Advertisements
    • 46 28 The China and Hongkong markets wore closed yesterday c nnH OIL jtL Breaking good news! ||^^V[HpM^VIIH^^H^ Fortune is really smiling on job seekers. Sunday RECRUIT in The Sunday Times brings you a feast of career opportunities, on top of your Saturday RECRUIT bumper. Bite into it!
      46 words

  • Page 29 Advertisements
    • 64 29 1 JHB MjjKk J W -^^HV ##*r VH|Hii^^^H W 4 Hi < WfIBHBKHHHX V V p f pii if UUL 1 Asian listed companies I :l in touch with I H mIaUmI global investors I* I 1 I I A 1 H^H ii <.M^^ Mr I *^j? i _> M
      64 words

  • STOCKS klse
    • 395 30 AFP CI Composite Index -9.56 MALAYSIAN shares closed 1.3 per cent lower yesterday amid weak investor sentiment, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 9.56 points at 703.95. Some 131.84 million shares worth RM335.35 million were traded. Losers led gainers
      AFP  -  395 words
    • 8672 30 jHHBMHMHMHflMHHMmsildlg Cmmmm pwfcrti MOO Last V«4 Day Hat Cap HNfc L— tata -000 Mmi Le» P/I $aMI H2 J!i 3*4 17.2 127.3 MB 4M »«tfl 49.3 -as 14 SO 4U 73 0 412 > .L ood 430 2 «0 *30 430 93 172.0 3 L5 "55 3475 -100 201 3950
      8,672 words
  • Page 30 Advertisements

  • SGX clob & regional stocks
    • 2366 31 BONDS A WARRAMTS Zl Html U+y u» 11)11. u, 1 _*7 J-ttlwte «>| M Can Uar Mk huh rw9> ft*a Unas) Mi* Mm »ml«,T l*1 51.5 5 s Acma ******4 5 7 38 2.5 s AIIT»ch W*****7 -3 1 5.5 5 5 6.5 6 41.0 1 300 291 15.60 9
      2,366 words
    • 315 31 AFP CI Composite Index -24L0 South Korean shares plunged 3.9 per cent yesterday with the index down 24.00 at 589.22. Volume was 241.1 million shares worth 1.5 trillion won. —AFP Orti mm An«m S«mi 6750 -350 Brain Tetfl 740 -30 Central Bank 580 -100 Cheil Comm ***** -1000 Dae
      AFP  -  315 words
    • 276 31 AFP D Composite Index -9.33 PHILIPPINE shares edged down 0.6 per cent yesterday with the Philippine Stock Exchange Composite Index down 9.33 points at 1,425.16. Volume was 583 million shares worth 806.31 million pesos compared to Friday's 379.98 million shares worth 539.83 million pesos. AFP 0ct? COW) MRC Allied
      AFP  -  276 words
    • 256 31 AFP □HBE-40 -2H3 NEW Zealand stocks closed down 1.3 per cent yesterday following a sharp fall in shares of Telecom New Zealand which experienced a "savage sell-off". The NZSE-40 Capital index fell 26.93 points to 1,982.65 on a small turnover of NZ$6B.4 million. —AFP COOO) Advantage MDS 196 -0.03
      AFP  -  256 words
    • 554 31 AFP, Reuters All Ordinaries *2J AUSTRALIAN shares edged 0.1 per cent higher in thin holiday trade yesterday after defying negative sentiment on Wall Street, brokers said. The All Ordinaries index rose 2.1 points to 3,248.2 points while the SP/ASX 200 rose 1.8 points to 3,300.6. Turnover totalled 149.4 million
      AFP,; Reuters  -  554 words
    • Article, Illustration
      755 31 AFP n SET Index -0.60 THAI shares closed 0.2 per cent lower yesterday on losses in electronics and communications stocks following declines on Wall Street and the Nasdaq on Friday, dealers said. The Stock Exchange of Thailand (SET) Composite Index fell 0.60 points to close at 276.69 and the
      AFP  -  755 words
    • Article, Illustration
      671 31 AFP n Composite Index +10JW INDONESIAN share prices closed 2.6 per cent higher yesterday in modest trade following Standard and Poor's upgrading of Indonesia's debt ratings, dealers said. The Jakarta Stock Exchange Composite Index closed up 10.90 points at 432.24 on volume of 357 million shares worth 216.08 billion
      AFP  -  671 words
  • Page 31 Advertisements

  • 9655 32 SGX 1 Transaction date: Oct 2 Cr Or M m 52-Wk Last Vd Day Last Ouott 01* W* YM MM C»p Avg H|> lw> Cini»ly S1» COOP) W# L— Buyf Imt Cw P/I $■< Ww MULTHNMISTVY >63 77 m c Ac ma 50c 78 -1 161 79 77
    9,655 words
  • Page 32 Advertisements
    • 122 32 With the share trade settlement period reduced, you can still maximize your trading power. Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our Why let a shorter trade settlement period reduce your trading opportunities competitive financing, you'll also be earning daily interest
      122 words

  • KNOWLEDGE economy
    • 1434 33  -  The war for talent will intensify in the knowledge economy and the ability to leverage human capital investment is what will divide the leaders from the also-rans, says mohxtmxsra MOHIT MISRA The writer works with Towers Perrin, a global management consulting firm. He can be reached
      FILE PHOTO  -  1,434 words
  • Page 33 Advertisements
    • 288 33 M-PLAS 2000 Practical |KKil| solutions to your processing heeds f[ j rom 5 to 8 October 2000, some of the world's leading companies /A in the field of plastics and rubber will converge at the Malaysia International Exhibition Convention Centre, Kuala Lumpur. M-PLAS 2000, the International Plastics and Rubber Trade
      288 words

  • EXEC lifestyle
    • 767 34  -  Art Singapore 2000 Five talks throw up many soul-searching questions, and produce banter and lively audience participation By Cheah Ui-Hoon VISITORS to Art Singapore 2000, who defied rain and stay-at-home weather last weekend, proved to be an inquisitive bunch. Their
      767 words
    • 1097 34  -  Sales of S-E Asian works by both Christie's and Sotheby's on Sunday drew packed houses and achieved total purchases of $7.3 million. PARVATHIMAYAR reports PARVATHI NAYAR THE excitement of the auction is its element of unpredictability; on Sunday, this thrill was provided by
      1,097 words
  • Page 34 Advertisements
    • 93 34 for the Year 2000 V International V|||f|| Professional Speaker, aHMpI t Mhok Trainer, Consultant !S9i|' Author of I l *he Life AMbI o/ Four Dreams Master Self-Motivation Mease tick YES! Please register me SEMINAR Aor B Only < One-Day Session Only) Ss79s* Name: SEMINAR klßl 2 One-Day Session) Ssl49s* Mt^:
      93 words

  • Page 35 Advertisements
    • 141 35 Where to wine, dine and entertain..rx Quasar sSj2i£SiS2 Select from our extensive a la carte buffet menu >' featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: #25.80 (Adult), 40% discount (Child) Dinner: #6,80 (Atfahfc 40% I' For reservations, please call 290 8005/299 9011. •Prices subject to service charge&gort. taxes
      141 words
    • 57 35 r^wi MOTBL QAAMD COfTRAL UMTTED 22 Orchard Road/Cav«nagh Road, Singapore *****7 T«t737W44Ext40CKB Fax *****75 TtuA rt "i of Tippmyikl txfuximct at OxJiaiA, tfit i ami team of ■<**"'' fixoftxi.iona£ get jL/ together once again to continue out 55 with you. I WWW I om 3 pr»r«»d bodtrksj SfS® 60 Robertson
      57 words
    • 118 35 Buffet Dinner: Bto 13 October 7 k'WFrj*P ?4 7:00 pm to 10:00 pm M *>>;(/ (last order) H 1 'be k -'»C fully booked on 8 October i«-~F I l j J $*6nett per person T *jfciML§ $40nett for Mandarin Dine-Amies Members The Belvedere !.£&>.. v Floor, Main Tower) Reservations:B3l
      118 words
  • Page 35 Miscellaneous
    • 715 35 mi I, ii Ommtaml J-00 Wheel Of Fortune. &00 Bara LO2 Business Tonight. 0.00 AM Kids Central: Sesa- i"r.S£S S: L D !•*> Gateway Asia (R). ■M me Street. I™ Jhn n rh,, K2 f®- era w l3 fc A Headline Graphics 10.00 Percy The Park Keep- Ltd f"2 Apa?
      715 words
    • 291 35 CRYPTIC CROSSWORD ACROSS 4 Cup-tie monitor troublesome in 1 Goddesses of a thousand cus- film (6,7) toms(s) 5 Empto ver in trousers (4) 4 One who always pockets litter? 6 One mile past is as far as a moth (9) can get (5) 8 Inner chamber of society in 7
      291 words

  • Page 36 Advertisements
    • 1370 36 ADVERTISEMENT For more than 60 years, Frank Russell A History i has been improving the financial Of security of P®°P te worldwide Growth ■I Influencing tome of the largest institutions... This has helped the company maintain its lead in the I In 1969, armed with a manager evaluation process, George
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  • SHIPPING TIMES
    • 292 37 Reuters GRAIN freight rates ended the week on a bearish note, although the Baltic indices indicated that overall rates were mixed, brokers said. EMC fixed 54,000 tonnes heavy grain on the key US Gulf/Japan route at US$25 no combo for October 8/15 shipment, compared with a booking by
      Reuters  -  292 words
    • 281 37 Oct 2 t$ nt CWT Distribution 0.62 a 01 1903 ChuanHup 0.37 0.01 909 Coco liwiti—III 0-17 unch 0 FfXaWUWIlt av« -O.Q2 >03 08 HekHnqs 0.58 unch 0 HaiSunHup 0.36 unch 130 MC HoMngs-HK 5.60 unch 0 ■fylWm* 0.16 -041 261 Mwi'carp 334 unch 769 KappatftLS 1.04 -0.01
      281 words
    • 469 37  -  Mergers, alliances will begin to cross traditional barriers, conference told By 1 Donald Urquhart [SINGAPORE] An unstoppable drive towards consolidation marked by ongoing scaling up and globalisation of operations are the current trends in the US$2O billion (5534.8 billion) a year bunker industry, says
      469 words
    • 216 37 [LONDON] The master of a tanker has been sacked by ExxonMobil after an inquiry found him and his chief engineer drunk while on duty. ExxonMobil, which has a no drink policy, operates a North Sea shuttle and Captain Clive Mottram was the
      216 words
    • Article, Illustration
      68 37 [PIRAEUS] Tourists walking on the dock next to ferries that remain at the port of Piraeus on Sunday, the first day after authorities suspended the operating licences of more than 58 ageing ferries and nine cruise ships in a safety crackdown. The ban came four days after a
      AP  -  68 words
    • SHIPPING news
      • 717 38  -  ADMIRALTY CASEBOOK By Selva Kumar AN American importer which commenced a cargo claim in the US within the one-year Hague Rules time limit but did so in breach of a London arbitration clause has failed to convince an English
        717 words
      • 265 38 Xinhua [DHAKA] Frequent occupational accidents are resulting in recurrent deaths and injuries to workers of the ship-breaking industry in the south-astern Chittagong coastal area. The Independent newspaper on Saturday quoted a recent study as saying. About 400 workers died and 6,000 were
        Xinhua  -  265 words
    • 167 38 PACE Dongnama 3 AO. 6 E«trarrs 6 Accord 8 Appenstiip 5 ECUL Assets 8 E*wqrew 6 Baiai Shpg 5 foong Sun 5 BSA 7 Fuh 1 B'tang Mas 8 CUnk 4 —HI Gemartrans 6 CMACGM 3 COSCO 5 3 CSAV 3 .TT I Hyundai 7 MMb 6
      167 words
    • 18498 44 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone »L_0«g-" Nuwber Number SIN Desfn Nam. Name Number Number */W H/H NSCSA SAUDI JUBAIL H39W *5-3290*40 To ABIDJAN (ABJ) 2003 Cote D'lvoire oe/n Hyundai mm else tuw *5-3399*44 w/n Del mas SAUOIJEDOAH N391*
      18,498 words
    • SHIPS IN PORT
      • 719 49 Vtssa) Voy No Barth Arrival Departure Jf«M M M Sraqon 2 J04 02/10/105 02/10/17 JO Bt R8 4321 620 JOI 02/10/8:40 02/10/1700 Bt tt*iaya2 H000 JOI 02/10/815 02/10/2000 ST Radium 00/10 J06 02/10/6:50 03/10/800 act or 3 J16 02/10/8:50 03/10/1000 bp Partizan I J15 02/10/7:6 06/10/8:00 Winstar 1
        719 words
      • 1934 49 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Bookta/BoUnco ftstls Ship Voy Wo Etb/Btr Ported Frw To From aciumkt on j/too a ovnoo ovms* Jmoo a ovnoo 02/0*5* oz/o*oo a ovnoo 02/0*51 02/0100 3 02/0700 02 ATM 02/M00 4 Ol/OOO 02/1454 02/1700 AOt MAGNOLIA OKA 3/0*0 OVBOO OVUM
        1,934 words
      • 159 49 Oct 3 Germany: The Day of Germany Unity. Korea: National Foundation Day. Oct Hong Kong: Chung Yeung Festival. Oct* Canada: Thanksgiving Day. USA: Columbus Day. Oat 10 Japan: Health Sports Day. Taiwan: Double Tenth National Day. Oct 23 Thailand: King Chulalongkorn Day. Out 25 Brunei: Israk Mikraj. Indonesia:
        159 words
      • 791 49 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        791 words
      • 457 49 Carta 180 Mu 990.7 0.9 0.9 0.09 66 0.04 if 28 DMHttr Water KhMm Ask AJhmMmi Sodtowrt to itow E25 0 0 0 0 0 0 %M<M 380 Ave 986.0 0.4 12.3 0.06 29 0.02 Com 380 Mu 993.) 0.8 M.7 0.09 60 0.05 «WW3 %M/M
        457 words
    • AIR & LAND transport
      • 352 50 Carrier taking advantage of rebound in passenger traffic Bloomberg [BANGKOK] Thai Airways International, Thailand's national carrier, plans to raise fares on international routes to offset rising fuel costs and take advantage of a rebound in passenger traffic. The higher
        Bloomberg  -  352 words
      • 323 50 Reuters [DUBAI] Saudi Arabian Airlines is due to award next week a contract to international consultants to prepare a study for privatising the national carrier, its director general was quoted as saying. Khaled Ben-Bakr told the Saudi-owned pan-Arab Asharq al-Awsat
        Reuters  -  323 words
      • 214 50 AFP [TOKYO] Japan Airlines Co Ltd (JAL) said yesterday it had decided to sell a part of its stake in US parcel delivery company DHL Worldwide Express to government owned Deutsche Post. "We decided to sell a part of
        AFP  -  214 words
      • 42 50 [SYDNEY] Departure lobby of Sydney international airport is jammed with checking-in passengers in Sydney yesterday following the end of a 17-day Sydney Olympic Games 2000. More than 100,000 people were expected to leave Australia yesterday. AP
        AP  -  42 words
      • 477 50 Reuters [NEW YORK] Airline officials said they are starting new flights at New York's LaGuardia airport on Sunday despite a ban set in September on new peak-hour flights by the Port Authority of New York and New Jersey. The
        Reuters  -  477 words
      • 190 50 Reuters [HONGKONG] International airline group Sky Team has launched the world's largest cargo airline alliance, SkyTeam Cargo, a group member said. Sky Team Cargo, which comprises Aeromexico Cargo, Air France Cargo, Delta Air Logistics and Korean Air Cargo, extends Sky Team's customer-focused services
        Reuters; FILE PHOTO  -  190 words
      • 159 50 AFP [TAIPEI] United States-based American Airlines has announced it will launch a direct air route between the high-tech cities of San Jose and Taipei in April next year. The world's second largest air carrier will offer seven flights a week to capitalise on
        AFP  -  159 words
      • 259 50 African country's political, economic situation deteriorating Reuters [JOHANNESBURG] Zimbabwe's cash-strapped economy and politically-charged atmosphere has forced numerous airlines and a global freight forwarder to quit the country in the past six months. Austrian Airlines halted stopovers in Harare on its Vi-enna-Johannesburg route in March,
        Reuters  -  259 words
      • 1923 50 on waai a> man n> on 11*373 2350 mmm mm woo sorac aa wt zho mm am m hijb ass wbb sow hi aw w 0f81 1930 0F82 2055 Gmh«OIM S0803 1910 CZ352 0910 wn 2230 caa aa mm mm g» Hart W/S0741 010 VN/S0740 1410
        1,923 words
  • Page 37 Advertisements

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    • 666 38 I NORTH AMERICA QULFUNDtA SUB-CONTINENT HWBUHUTm EXPRESS ISOQ I lOULF KARACHI EXPRESS (OKX) ttSSR VOT LGB SM HUNS VISSB VOT I Jtt jMM "I M 'SM 00Q. JAPAN 44W34 13/09 01/10 03/10 NTK VMGO J* 27/09 20/09 30/09 ot/10 OOG. NETWtANDS 22W37 20/09 00/10 10/10 PtO NBKIOTD DAMMAM Sll 04/10
      666 words
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  • Page 49 Miscellaneous
    • 139 49 WT REGIONAL WbAIHEK Wk H' r^r "Tri y> J t .10 *fc u JET 13 2E LEGEND: Issued by Meteorological Service Singapore Thunderstorm jl Showers Rain Temperature c /-y Wind direction and speed in knots m Weather Cloudy Day Sea Conditions Wind speed symbols I O Full circle w/o line
      139 words