The Business Times, 5 October 2000

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Total Pages: 50
1 50 The Business Times
  • 6 1 iTheBusinessTimes MfTA (P) 035/12/1999 85c SINGAPORE
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  • 72 1 □sn M7MI(-1.45) INK 787-81 (-2.35) ST INDEX HJTUKES MHjoo (+3.00) SQISCI FtJTUBES 267J0 (+1.60) STOCK MARKET INDICES Wednesday Change KLSE COMP ***** -9.64 NIKKEI 226 1,6149.08 +236.99 BANOSENO 16.87&89 +***** SET INDEX 271.85 +0.47 JAKARTA CO*P _41&83 -8*8 MANILA COMP _U?170 -2181 TAIPEI WP! -145.52 SEOUL OOMP 598.42
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  • 78 1 TOBEX BATES USS SI USS 1.747 £{U5S/S$per£) 1.4H l§4« ElIRO(US$/SS/E) 0.876 1129 DM im 1579 YEN 106J 62.30 RM 1800 1175 HKS 7.794 4460 BAHT 42.56 2416 RUP1AH 8,801 5,036 'S3 to 100 units FUME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.60 BANGKOK ISO MANILA 11.00 HONGKONG 850
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  • 774 1  -  li lexclusivel Landmark waterfront project expected to cost $800 m: sources By Kalpana Rashiwala [SINGAPORE] Overseas Union Enterprise plans to redevelop its Overseas Union House and the Change Alley Aerial Plaza Tower into a landmark waterfront project in the central business district costing
    SIEW YAW HCHING  -  774 words
  • 459 1  -  Building will have floor plate almost doable what is available By Andrea Tan [SINGAPORE] To cater to the needs of the financial sector, the government will release next month a site in Marina South for a commercial building with
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  • 723 1  -  From Quak Hiang Whai in Hongkong OEI Hong Leong is giving up his Hongkong flagship in a move which could see the return of the former Singapore-based corporate trader to the local corporate scene. China Internet Global Alliance (CIGA) formerly known as
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  • Page 1 Advertisements
    • 63 1 msmE Top Stories MAS to buy SGS bonds to improve liquidity, ffcirf Pmgm Asean Ministers' Meeting: M&As cushion Asean investment slide. Pg 19 Federal Reserve leaves US interest rates unchanged, but warns of potential inflation. Pg 3 People J K Rowling and Harry Potter to the rescue of single parents.
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    • 159 1 g ~~gR, why Formula has become too much of a mm w two-horserace i Gus Dur denies Tommy a pardon Pg 16 Taiwan's entire cabinet stock market in freefall »Pg 17 Boeing may end up with super iumbot 9 lata chief Shipping Times. Pg 14 Property portals: boom or bane?
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  • NEXT page
    • ON THE grapevine
      • 76 2 CAR, one of Britain's top automotive magazines, may know motoring but its grasp of geography is rather poor. In its latest issue, a map of the world it drew had the Indonesian island of Sumatra joined to the Malayan Peninsula. What's more, an arrow
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      • 112 2 IF you think the current foot-and-mouth scare is keeping kids away from crowded areas, think again. Over the weekend, E-station at Suntec City was jammed with children (with parents or maids in tow) attending a "computer enrichment" event organised by Computertots. A staff said
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      • 102 2 BURKE'S cafe, a popular coffee joint at Change Alley, is a prime spot for spying out stock tips or industrial secrets from the Raffles Place movers and shakers who gather there. The problem is, you'll have to photograph the doodles that its customers make on the mahjong
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      • 67 2 DID you watch the US presidential election debate between George Bush Jr and Al Gore? Not Tim Rowe, the keynote speaker at Internet Business 2000 held at Suntec City yesterday. He thanked the audience for giving him the opportunity to be physically in Singapore;
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      • 64 2 WE received invites to the Internet Business 2000 conference. But when a colleague tried to collect a set of conference materials, he was told they were only for "paying delegates" and that reporters should instead take notes during the presentations. Seems like a fairly Old-Economy practice to
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    • 375 2  -  Players welcome move as another step towards better defined yield curve By Larry Wee [SINGAPORE] The Monetary Authority of Singapore announced yesterday that it intends to carry out purchases of older and therefore less liquid Singapore government securities, better known as
      375 words
    • 621 2  -  I comment TECHNOLOGY Singapore's Creative Technology passes with flying colours. How about your organisation? kenneth james A couple of unsolicited accolades and a high score on a "secret" checklist for ebusiness success looks like Creative Technology's "got it". Again. The first compliment came unsolicited in an
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  • Page 2 Advertisements
    • 399 2 '.v. -i' TRANSITION TO THE JL J_Vy T T-I-UL r- —~y~ Through People feAre your People ready for the Revolution? [|X there a revolution taking place at your work-place? Can your employees Jeetjp apace of the changes and challenges arising from your company's wBB towards the New Economy? *vi QUPc
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  • FOMC meeting
    • 871 3 Signs that growth is moderating but low unemployment and high oil prices could still lead to a jump in inflation, US central bank warns REASSURED by signs that economic growth is moderating to a sustainable pace, the US Federal Reserve voted on Tuesday to hold interest
      AP  -  871 words
    • 200 3 The following is the full text of the Federal Reserve statement on US interest rates and inflation, issued on Tuesday AFP THE Federal Open Market Committee at its meeting today decided to maintain the existing stance of monetary policy, keeping its target for the federal funds rate at
      AFP  -  200 words
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  • SINGAPORE companies
    • 852 4  -  Small players in securities business being hit by political uncertainty By Shoeb Kagda Siow Li Sen DBS Group yesterday reaffirmed its commitment to Indonesia amid reports that the political uncertainty that has been rocking the country is causing an exodus of
      FILE PHOTO  -  852 words
    • 452 4  -  CEO in town for official opening of new office; plans to raise strength to 350 by end-2001 By Siow Li Sen GOLDMAN Sachs, the US investment bank, is on a roll in Asia and Singapore. Henry Paulson, its chairman and chief executive
      ARTHUR LEE  -  452 words
    • 952 8  -  anthony rowley W HITHER the Tokyo stock market? Looking at the performance of the Nikkei 225 average (and the more representative Topix index compiled by the Tokyo Stock Exchange) over the past few months, it might seem that the answer is "nowhere". There
      952 words
    • 445 8  -  Purchase of Creative Master from Oei Hong Leong excludes Nasdaq listing By Teh Hooi Ling ACMA has carried out its plans to buy back the operations of contract manufacturer Creative Master Ltd (CML) which it had sold just a month ago
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    • 196 8  -  Futures volume up 10%, while share trades dive 41% By Serena Ng SINGAPORE Exchange Derivatives Trading said yesterday several records were set in September. The MSCI Taiwan index futures, euroyen Libor index futures and Singapore dollar interest rate futures hit
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    • 210 9 Bloomberg KEPPEL Fels Energy Infrastructure Ltd shares rose as much as 6.5 per cent yesterday, its biggest one-day gain in four weeks, after the company said it may win more orders and an analyst upgraded its stock. Keppel Fels said
      Bloomberg  -  210 words
    • COMPANYBriefs
      • 72 9 VT Arasu has retired from all his positions at Singapore Press Holdings subsidiary Hipro Printing, the publisher of Tamil Murasu newspaper. Mr Arasu's retirement was effective on Oct 1. He was in charge of Hipro's Tamil translation service. He was also a director
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      • 33 9 Corrections Clarifications IN our report "Merged Somerset, Ascott board under wraps", the date for the Somerset extraordinary general meeting should be Oct 25 and not Oct 23. We are sorry for the error.
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    • 299 9  -  Customers can harvest own name cards, letterheads at Printing Farm site By Vivien Ng ANYONE can now print their own self-designed name cards and letterheads in any quantity they wish. Making this easy is Sesdaqlisted Craft Print International, which yesterday inked a joint
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    • 206 9  -  By Serena Ng UNITED Overseas Bank's asset management affiliate UOB Global Capital has formed a joint venture with Hermes Private Equity Management to work together in the private equity business. The two had also recently launched a new private equity fund, called the Hermes
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    • 268 9  -  Shareholders also approve raising of share issue quantum By R Sivanithy SHAREHOLDERS of beverage and properties group Fraser Neave yesterday approved four proposals that, among other things, put in place a share buyback scheme and allows the company to issue shares or scrip in
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  • Page 4 Advertisements
    • 132 4 ConventioftS Exhl&ftt6h Certtt%, Meifroom, Level 2) Wmjljkdsily from 11am to 6pm rade visitor* only) v jjp^ ni IOIiITOO business to business e-commerce DU 0 00 .sKip business to consumer newlntern€ttechnok)^es i 'Ash's Internet Business gathering of the Yesr v •Azure Technologies »BMC Software *800 Technology •BrixCiti 'Brokat •Check Point Software
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    • 264 4 STRATEGIC HR 2000 October 23-24, 2000, Hotel Inter-Continental Singapore THC Conferences is proud to bring you Strategic HR 2000 which aims to help HR decision-makers In their continued strive for excellence through people. This r convention brings together the best practices in showcasing how HR can transform itself into a
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  • Page 5 Advertisements
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  • SINGAPORE markets
    • 494 6 Stocka Volume Golden Agri US1 Oc 31,975.000 *Citye-So*n 19,518,000 TTtat 15c 12,597,000 NetEiec 10c 8,491,000 Omni Ind 10c 6,201,000 SingTel 15c 6,079,000 DBSGSeCW*****2 5,230,000 OUB CL eCWOOl215 4,626,000 Chart Semiconductor 26c 4,413,000 Eastern Asia 4,195.000 Stocks DBSQrp 61,503.823 Chart Semiconductor 26c 42.065,180 NatEiec 10c 34,625,000 OCBC 24,375.000 City Dev 50c
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    • 195 6  -  WARRANT WATCH By R Sivanithy PROPERTY stocks have bobbed around a fair bit recently up one day and down the next, with no definite trend emerging. But judging from news reports and information gleaned from brokers, it is clear funds
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    • 547 6  -  comment STOCKS r.sivanithy IT is difficult to recall a stock market trading session this year more boring and devoid of redeeming features than that yesterday. The only highlight was the 5 pm closing bell, when dealers and remisiers breathed a
      547 words
    • 245 6  -  HOT STOCK By Serena Ng THE stock of Omni Industries has gone through a rough patch and may not recover lost ground quickly. But after sliding for four trading sessions, the counter closed three cents higher yesterday at $2.67, with 6.2 million shares changing
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    • 121 6 ♦FJ Benjamin Holdings will hold its AGM on Oct 18, at 10.00 am, The Red Cafe, Manchester United Store Singapore, 1 Tanglin Road. The board of directors of the company also announced the resignation of Wong Ai Fong, general manager, FJ Benjamin Max Com and member of the
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    • 338 6  -  -I i comment CURRENCIES larry wee THE US dollar again rose across the board yesterday, with local factors helping to force the Australian dollar and Philippine peso to new all-time lows. Disappointed by the Reserve Bank of Australia's decision yesterday
      Source: Reuters  -  338 words
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  • Page 7 Advertisements
    • 294 7 This announcement appears as a matter of record only The services described in this advertisement are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation Trademark application pending. Fuelling the success of our clients makes us a winning team Deutsche
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  • Page 8 Advertisements
    • 153 8 yl it C' i |pf pwp^^BS M In the years to come. 828 commerce wHJ grow exponentially due to the sheer volume of business transactions. And you'ft need a robust software solution that will address this requirement end to end. ISMH Web Sphere ml Business-to-Business Integrator enables you to seamlessly
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  • Page 9 Advertisements
    • 85 9 i|\l| I'M! CD LO E World-class Conference comprising Business Leaders and Design Gurus Global Business Opportunities 20,000 Visitors; 5,000 sqm gross Exhibition Space; over 200 Design Companies and e-Solutions Providers NOW ON SICEC Suntec City Singapore jyOMMERCE Townsville, Capital Gateway to the World Renowned Tourist attractions of Tropical North Queensland,
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    • 57 9 HILIPPEI I Begin your own tradition. fli W Bttk W*< Vi M Ik/ j| -'4. <#&#» s Mm Br J HffliAWM ppaipf r^B *j!B B -JFTa^^gi B Ktf JL?' v 5 BL Wgr BlOmh ■bbbbhbbhbbbbbbbb look after it for the generation. A nn „ai c.i«„d»r by Patek Philippe For information:
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  • SINGAPORE news
    • 508 10  -  Chase helped develop system that will cut oil major's costs by US$BO-sl6om a year By David Boey OIL giant Caltex Corp scored a first in the oil industry yesterday when it unveiled an e-procurement system it developed with Chase Manhattan Bank. Caltex
      ARTHUR LEE  -  508 words
    • 274 10  -  By Vivien Ng THE first batch of graduates from the National University of Singapore (NUS) has organised a corporate golf tournament to raise the $1.5 million needed for an NUS Full Professorship in Life Sciences. To be held today, proceeds from the tournament will
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    • 122 10 TO promote better human resource practices, the Ministry of Manpower has produced a handbook on national policies, programmes and resources on the development and management of human resource in Singapore. The National Human Resources Handbook is designed to serve as a practical reference
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    • 202 10 Polycarbonate resin ontpnt to be boosted to meet demand Reuters [TOKYO] Teijin Ltd, a Japanese synthetic fibre maker, will invest 22 billion yen (*****.2 million) to boost polycarbonate resin output capacity at its Singapore unit, a Japanese newspaper said yesterday. The
      Reuters  -  202 words
    • 351 10  -  Hi! exclusive PEOPLE By Johnny Yeo DIANA Young, the founder of an aerospace company, has been elected president of the Association of Small and Medium Enterprises, becoming the Singapore association's first woman chief in its 15-year history. Ms Young, 43, is the chief
      FILE PHOTO  -  351 words
    • 231 10  -  Kff^ontn^conomy wholesale prices By Marissa Chew WHOLESALE prices continued to go up in August, buoyed by strong oil prices which have been climbing for well over a year. The domestic supply price index rose 9.8 per cent in August from 92.7 points last year
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    • 352 11  -  It says revenues will rise 50% this year, thanks to regional liberalisation By Teh Hooi Ling SINGTEL Internet Exchange (Sing Tel IX) said its revenues would increase more than 50 per cent to $70 million this year, as it inked yesterday yet
      352 words
    • 342 11  -  By Vivien Ng THE Trade and Development Board (TDB) is conducting a study on the design industry in Singapore in an effort to inculcate the importance of product designs. The study was announced by President S R Nathan at the opening of the International
      CHRIS LOH  -  342 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 65 12 Fly by. Priority check-in on 15 airlines worldwide is just one of the advantages enjoyed by Star Alliance™ Gold members. If you would like to become a Gold member, or simply learn more about Star Alliance visit us at www.staralliance.com. jib. W HH f Wb^FM L i <iH V STAR
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  • MAIL bag
    • 435 13  -  Winston Tan I REFER to the letter, "Use lEA members for HDB resale deals" (BT, Sept 29) by lEA. Anthony Chua's reply does not focus on the contentious issues raised by several writers especially those published on Sept 26. The
      435 words
    • 214 13  -  Nelson Yap I REFER to the letter by the Institute of Estate Agents "Use lEA members for HDB resale deals" (Mailbag, Sept 29). First vice-president Anthony Chua of the institute attempted to generalise the issue of co-broking by claiming that the practice is in line
      FILE PHOTO  -  214 words
    • 128 13  -  Vincent Cheong I REFER to the article, "Use lEA members for HDB resale deals" (BT, Sept 29). I am amazed by the complete silence of a professional regulating body when its fellow members are accused of being guilty of a conflict of
      128 words
    • 119 13  -  Andy Peh I REFER to the letter by the Institute of Estate Agents "Use lEA members for HDB resale deals" (Mailbag, Sept 29) on the issue of agents' commission. The main points are not addressed in its letter. In addition, I am also disappointed
      119 words
    • 308 13  -  Han Liang Yuan (Ms) Manager, Media Relations Land Transport Authority I REFER to the letter "Give projections of degree of road congestion" (BT, Sept 8). The Electronic Road Pricing (ERP) system was introduced in 1998 to charge for road usage in a
      308 words
    • 193 13  -  Michael Skully I REFER to the article "Food for thought for the other closed-end funds" (BT, Sept 28). Contrary to Wong Wei Kong's comments, closed-end funds (CEFs) might still have a future. As CEF managers don't have to buy back units from
      193 words
    • 250 13  -  Dickson Lam I REFER to the letters, "Unreasonable to ask government to step in*' (BT, Oct 4) and "Agents' fees: leave it to free market principle" (BT, Oct 4). Both writers have failed to grasp the issue on "whether the commission creates unhealthy consequences
      250 words
  • Page 13 Advertisements
    • 99 13 We welcome letters. E-mail us at btletter@ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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  • EDITORIAL & opinion
    • 832 14  -  ■TiTT^ bottom line OPINION robert samuelson The Washington Post Writers Group ONLY the innocent could believe that US President Clinton's decision to release 30 million barrels of oil from the Strategic Petroleum Reserve wasn't driven mainly by politics. Whatever the stated justifications,
      The Washington Post Writers Group  -  832 words
    • 91 14 This is a man who's got great numbers. He talks about numbers. I'm beginning to think not only did he invent the Internet but he invented the calculator. It's fuzzy math.' (foorge Bush Jr Republican hopeful for the US presidency, on his rival Vice-President Al Gore on
      91 words
    • 665 14 EDITORIAL INDONESIA'S 2001 Budget raised no surprises, an achievement on the part of the government given the whirlwind of uncertainty besetting the country. Not only did the 2001 draft Budget veer on the conservative side, which brought a cheer from stock-market analysts and economists alike, it also
      665 words
    • 1024 14  -  Since there is no credible alternative energy source yet, a united Opec is a force to re<&on with By G Panicker The writer is a journalist with BT'sforeign news desk THE heads of state of the Organisation of Petroleum Exporting Countries
      FILE PHOTO  -  1,024 words
    • 703 14  -  COMMENTARY By Paul Krugman The writer is a professor of economics at MIT NYT WHY do I buy books from Amazon.com? Location, location, location. Not Amazon's mine. The bookstores of central New Jersey are actually better than you might expect, but London it's
      NYT  -  703 words
    • 159 14 Blair's chances WHEN Britain's Tony Blair, who so far seemingly has sailed in an eternal fair wind, trips over the fuel protests and ends up labouring under a disadvantage, then something remarkable has happened... The hitherto weak opposition has gained strength. But it is evident the
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  • MALAYSIA news
    • 274 15 KUALA LUMPUR Malaysian financial services group's main draw is its RMl.2b cash pile PHILEOALLIED Bhd's share price jumped 10.4 per cent in the wake of a news report that controversial businessman Lee Ming Tee and three other tycoons were
      FILE PHOTO  -  274 words
    • 483 15 KUALA LUMPUR THE senior management of large listed companies affected by the recent economic downturn have become increasingly media-shy, adding to the dearth of corporate news much sought by the investing public, The Edge reported yester- day. These officials, who used ro meet the press after
      483 words
    • 111 15 KUALA LUMPUR Bernama ALL video game arcade licences approved by any issuing authority so far will be revoked within two months, the Malaysian Cabinet decided yesterday. Deputy Prime Minister Abdullah Ahmad Badawi announced that the Cabinet also directed that no new licences were
      Bernama; FILE PHOTO  -  111 words
    • 258 15 KUALA LUMPUR AFP A MALAYSIAN plant is to become the sole manufacturer of a vital wing component for Boeing, replacing existing factories in the US and Canada, Bernama news agency said yesterday. The Malaysian factory now under construction will produce
      AFP  -  258 words
    • 548 15 KUALA LUMPUR Khali! says they are needed to convey govt's point of view Reuters MALAYSIA'S information minister has said he would oppose a plan by an influential local journalist to buy state media units, saying they were needed to convey the government's
      Reuters  -  548 words
  • Page 15 Advertisements
    • 19 15 470 HOUSES SALE Visit this choice site for a selection of dream homes. fa CATA The Straits Times Classified
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    • 46 15 SUBJECT x Prime Freehold Site For Sale TAI G,N apartment /y SWe area 14,967 sq. ft approx. Freehold Residential zoning For further information and tender ra documents, please contact: Up to 36 storeys Vincent Lai Tender closing date Vivian Choo 18 October 2000 at 4 p.m.
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  • REGIONAL news
    • 263 16 JAKARTA Effort by Indon toll road operator to distance itself from Suharto's family Bloomberg PT Citra Marga Nusaphala Persada, an Indonesian toll road operator, has approved a plan to elect new management, paving the way for a possible ouster of former president
      Bloomberg  -  263 words
    • 900 16  -  Shuffle of top brass in military also on the cards, maybe even today: analysts From Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid yesterday sought to re-assert control over the country's fluid internal security situation by denying a pardon for Hutomo "Tommy" Mandala Putra,
      REUTERS  -  900 words
    • 164 16 AFP [JAKARTA] Some 500 demonstrators, who converged on Indonesia's national Parliament to protest against a 12 per cent rise in ftiel prices, turned on the rally organiser and trashed his car because they had not been paid, reports said yesterday. The Jakarta Post showed photographs
      AFP  -  164 words
    • 619 17  -  Govt efforts to bolster market fail after resignation of prime minister followed by the entire cabinet From Macabe Keliher in Taipei TAIWAN'S beleaguered stock market went into freefall yesterday as differences within the government came to the boil, with Prime Minister Tang Fei resigning with his
      619 words
    • 361 17 HONGKONG Govt may raise HKsl.7Bb from the auction of three sites for residential use today Bloomberg HONGKONG is expected to raise as much as HK$l.7B billion (Ss39B million) in a land auction today that will underline confidence among the city's biggest developers that
      Bloomberg  -  361 words
    • 159 17 BEIJING Bloomberg CHINA National Offshore Oil Corp. the country's top offshore oil producer, named BoCI Capital Ltd, Credit Suisse First Boston and Merrill Lynch Co to handle its second at tempt to sell shares overseas. Salomon Smith Barney, which coordinated an aborted US$2.5 billion
      Bloomberg  -  159 words
  • Page 16 Advertisements
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  • Page 17 Advertisements
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  • ASEAN meeting
    • 616 19  -  But trend has to be carefully managed to avoid any backlash, says Thai minister Reports by Yang Razali Kassim in Chianffmai DESPITE Asean's gradual recovery from the 1997 financial crisis, foreign investment flowing into the region has been declining. But thanks to mergers and acquisitions
      Source: Asean central banks, central statistical offices; Source: Asean FDI database; FILE PHOTO  -  616 words
    • 449 19 It should have a special place and be speeded np: Supachai THE drive to create a seamless "e-Asean" community should be given top priority as a project that could help turn Asean into a major economic grouping in the New Economy,
      449 words
    • 476 19 ASEAN ministers moved closer to resolving a deadlock over liberalising the region's automotive industry, but differences over compensation mechanism remains a sticking point. The Asean Free Trade Area Council yesterday agreed on a mechanism to allow countries to delay reducing tariffs on certain products. The mechanism, in the
      476 words
  • Page 19 Advertisements
    • 81 19 I Ngee Ann City #01-03/04 Tel: 7350 233 Isetan Scotts Level 3 Tel: 7351 785 Suntec City Mall #01-061/063 Tel: 3377 455 py N p. Asia Miles vJne of the most reassuring things about any airline is the modernity of its fleet. Ours is amongst the youngest in the world.
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  • e-NEWS
    • 528 20  -  It boys 7 networks from mainland parent and brings Vodafone on board From Quak Hiang Whai in Hongkong CHINA Mobile (HK) yesterday unveiled one of the biggest corporate transactions this year, which includes bringing the UK's Vodafone pic on board as a strategic shareholder. After
      AFT  -  528 words
    • 452 20 HONGKONG Star and CyberWorks openly trade barbs Bloomberg JAMES Murdoch and Richard Li, sons of two of Asia's richest men and rivals in bringing interactive entertainment to the region, have taken the gloves off. Mr Murdoch's Satellite Television Asian Region (Star),
      Bloomberg  -  452 words
    • 282 20 NEW YORK AP AS the Internet becomes increasingly clogged, Web users digging for family friendly sites might one day be able to type .kids instead of .com. More lurid material, on the other hand, might be found after a
      AP  -  282 words
    • eBriefs
      • 99 20 AFP [LONDON] British companies are to be allowed to intercept their employees' email and telephone calls, according to the Financial Times. As of Oct 24, companies will be allowed to carry out routine access of their employees' email and telephone calls to ensure they
        AFP  -  99 words
      • 61 20 Reuters (MURRAY HILL, New Jersey] Telecoms equipment maker Lucent Technologies said on Tuesday it named former Hewlett-Packard president John Young chairman of its microelectronics unit, which will be spun off next year. Lucent said Mr Young's "keen insight and business acumen will be invaluable
        Reuters  -  61 words
      • 82 20 Bloomberg [PARIS) Alcatel, Europe's second biggest phone equipment maker, will raise 1.9 billion euros (552.9 billion) from the sale of 20 per cent of its optical components unit in the first sale of tracking stock in Europe. It will sell as many as
        Bloomberg  -  82 words
      • 81 20 Reuters (LONDON] Vodafone Group yesterday announced stronger than expected subscriber figures as growth in its three main European markets accelerated in the third quarter. But its shares showed little reaction to the news amid questions over whether Vodafone was sacrificing profits for market share
        Reuters  -  81 words
      • 56 20 Reuters (MELBOURNE] Australia's Telstra Corp yesterday said it did not expect negotiations with Hongkong's Pacific Century CyberWorks over a planned pan-Asian alliance to result in any announcements this week. "Telstra and Pacific Century CyberWorks confirm that they are actively engaged in continuing discussions regarding their
        Reuters  -  56 words
  • Page 20 Advertisements
    • 1951 20 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTE* OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTES OF EXCO MARKETING MANAGEMENT PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of EXCO MARKETING MANAGEMENT PTE
      1,951 words
    • 256 20 IN THE HlgH COURT Of THE REPUBLIC OF SINGAPORE Companies Winding up No. 261 of 2000 In the Matter of the Companies Act (Cap. 50) And In the Matter of TANK SPECIALIST PTE LTD [formerly known as SPORTSFISHING PTE LTD] (Company Registration No. *****3184R) NOTICE OF WINDING UP ORDER In
      256 words
    • 77 20 Thailand Business in Recovery Many viable and profitable investment opportunities are available in Thailand now. Investors/J-WTake-over/equity partner welcomed by many small to medium size enterprises with on-going bosinesses. If you want to increase your turnover, expand and diversify or put that idling cash and credit fines to productive use... Send
      77 words

  • WORLD news
    • 525 21 Technology turmoil Strengthening profit outlook to mark tech revival: Abby Cohen Reuters Bloomberg {NEW YORK] Goldman Sachs Co's technology stock brain trust said on Tuesday the hard-pressed tech sector is poised for a comeback within the next several weeks as the profit outlook strengthens and
      Reuters; Bloomberg  -  525 words
    • 689 21  -  No serious gaffe; effect on voters could be minimal From Leon Hadar in Washington IT was billed as the "high point" and the "delicious moment" of the presidential race. But the first televised exchange between the two leading presidential candidates that
      689 words
    • 356 21 Fujitsn and NEC see only a shift in core market AP [TOKYO] Japan's two biggest computer companies yesterday shrugged off fears of a global semiconductor downturn after a sales warning from Intel Corp had sent stock markets spinning. First-rank-ing Fujitsu Ltd and NEC
      AP  -  356 words
    • 309 21 NEW YORK Reuters THE consolidation of regional banking has hit the US, with Milwaukee commercial bank Firstar Corp announcing yesterday it would buy US Bancorp for about US$2l.2 billion (5536.97 billion) in stock, creating the No 8 US bank holding company
      Reuters  -  309 words
    • 335 21 TOKYO Bloomberg SANWA Bank Ltd, Japan's sixth-largest bank by assets, will acquire Tokai Bank Ltd and Toyo Trust Banking Co for a total 1.9 trillion yen (5530.6 billion), combining to remain competitive in a consolidating industry. Tokai shareholders will be able to swap each
      Bloomberg  -  335 words
    • 548 22 SEOUL Regulators then plan to unite weaker banks under a holding company Reuters SOUTH Korea will pump more than US$5 billion (SsB.7 billion) of public funds into four ailing banks by the end of November to help expedite the reshaping of
      Reuters  -  548 words
    • 440 22 LONDON Move follows investment bank's refusal to offer USs4som credit line Bloomberg VODAFONE Group pic has ejected Goldman Sachs Group Inc from a US$l5 billion (5526.16 billion) financing programme after the investment bank refused to offer a US$45O million credit line to the world's
      Bloomberg  -  440 words
    • 328 22 Tekyt's liabilities could exceed its assets by 780t yen, says leaked repert Reuters [TOKYO] If Japan were a company, it would be bust. That, at least is the impression given by a Finance Ministry draft of a long-awaited national balance sheet leaked to the domestic
      Reuters  -  328 words
    • 272 22 LONDON The Daily Telegraph BRITAIN has remained the single most popular destination for inward investment into Europe despite its decision not to join the single currency at its launch in January 1999, a major report reveals. The report, from the United Nations
      The Daily Telegraph; REUTERS  -  272 words
    • 563 23 WASHINGTON Move to increase visas for highly skilled foreign workers shows IT sector's clont LAT-WP THE Senate on Tuesday overwhelmingly approved legislation to increase visas for highly skilled foreign workers in a dramatic demonstration of the high-technology industry's clout on Capitol Hill. Hours after the
      LAT-WP  -  563 words
    • 446 23 PEOPLE Rags-to-riches anther donates six-figure sum to National Cenndl for One Parent Families Reuters [LONDON] Author JK Rowling, who became one of Britain's highest-paid women with her Harry Potter novels, is to share her wealth with single parents like herself, British
      Reuters; REUTERS, AFP  -  446 words
    • 255 23 LONDON FT lAIN Vallance, chairman of British Telecommunications, is working with a personal publicity adviser following concerns that some executives are attempting to force him out. Ted Graham, former head of communications at British Telecommunications, said on Tuesday he had been working
      FT  -  255 words
  • Page 21 Advertisements
    • 207 21 Reuters/MSNBC poll presidential elections JMH Democrat Republican Al Gore George Bush There will be a new poll every day until the Nov 7 elections. The surveys are made up of a rolling sample of 400 likely voters each day to create a three-day sample of about 1,200. Note: The above
      207 words

  • Page 22 Advertisements
    • 79 22 an i^Bi j^H xMj&t&L H^l I^Mk. Ji^^H JH v Bank@your convenience. To bank online, simply get your secure PIN and USER-ID at any DBS/POSB ATM or call 1800 DBS BANK/1800 327 2265. 4flV 4k» x VHP Now log-on to www.dbs.com to adopt JBl JN| /3<L your favourite bear from The
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    • 304 22 KEY MCffllOT MtHAfiEMEMT SUCCESSFUL IMPLEMENTATION OF MBWWHBgnffHBffISWBTO key account management 30tk October 2000 Holiday In Part View Stappire 9.00 a S.OQpa Btti Nnwfcir 2000' Li Martin (Oretari Itatf)' Stapptfc' 9.01 a s.Mpt CONDUCTED BY: DR. JAN-ERJK GROJER, Associate Professor, CONDUCTED BY: ANDERS RAMSELL, Managing Director School of Business, Stockholm University,
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  • Page 23 Advertisements
    • 67 23 #With DBS Internet Banking you can do a lot more than just monitor your investment accounts anytime, anywhere. Check out www.dbs.com and see why DBS was voted' Best Internet Banking Site in Asia'by the Lafferty Group in London. nAK llun 09 1 Jw INTc-Kinc. I DANNIINb Apply for your secure
      67 words

  • FINANCE & commodities
    • 293 24  -  SGX Derivatives Tradingßeport ST Index/MSCI S'pore Index Lau Chee Keong THE Singapore Straits Times Index closed weaker yesterday as technology stocks continued to dampen the overall sentiment. Technology stocks fell on concern that growth would be curbed and earnings adversely affected as Nasdaq continued to
      293 words
    • 234 24  -  MSCI Taiwan Index Lau Chee Keong THE Taiwan stock market plunged after the resignations by Cabinet members yesterday. The resignations of the premier and finance minister increased the instability of the government. The slump in Nasdaq also further eroded the market capitalisation of the technology
      234 words
    • 177 24 ENERGY REPORT Reuters [LONDON] World oil prices eased yesterday as fears of a supply shortage waned following a rise in US crude inventories in the world's largest energy market. Benchmark Brent crude futures were 35 US cents or one per cent lower at
      Reuters  -  177 words
    • 335 24 Reuters London THE US dollar retained an upper hand across the board yesterday, hitting six-week highs against the yen as it extended recent gains following the end of the Japanese fiscal half-year. Traders said the dollar had been favoured against the yen after the Japanese currency had lost
      Reuters  -  335 words
    • Article, Illustration
      1295 24 INTERBANK CROSS RATES S!— EBro Ffr Pw HK$ Ind II »i»lah Yen Wow RM M2$ Pak Bs Ptso S$ Band Sfr HT$ 8Ht Pond US$ 0 805 J"*! T 4 ®!f L 4172 24 M3 47W7 0.582 5.993 2.034 1.334 31.928 24.881 0.935 3.868 0.927 16.767 22.783 0.368 0.535 nUl
      1,295 words
    • 1862 24 SICOMPOTPEBS Oct 4 RUBBER (futures dosing as it 5.30pm) RSS 1 CONTRACTU cants/kg} Close Volume Open Month High Low Sett (tonnes) Interest Nov 00 H7.50 OK 00 119.75 Jan 01 121.00 50 FH> 01 122.50 50 RSS 3 CONTRACT (US cents/kg) VolwM OpM Month High Law Sett (tonnta) Interest Nov
      1,862 words

  • STOCKS east asia
    • 2840 25 HONGKONG AFP 7lHangSeng jftg HONGKONG share prices rose one per cent yesterday led by China Mobile on reports it would announce details of a share placement and was in partnership talks with foreign telecoms giants, dealers said. The benchmark Hang Seng Index
      AFP  -  2,840 words
    • 362 25 AFP qWPJbifax j45.5a TAIWAN share prices tumbled 2.4 per cent yesterday to a 20-morith low following the resignation of Premier Tang Fei, dealers said. Finance Minister Shea Jia-dong announced early yesterday that the stock market's daily limit-down ceiling would be halved to 3.5 per cent until Oct 11 to
      AFP  -  362 words
    • 2001 25 TOKYO AFP Q Nikkei 225 *23&9» SHARE prices in Tokyo rose 1.5 per cent yesterday as investors chased up gains in high-tech issues, defying a plunge in the tech-heavy US Nasdaq, brokers said. The Tokyo Stock Exchange's Nikkei--225 index gained 236.99 points to
      AFP  -  2,001 words
  • Page 25 Advertisements
    • 74 25 I id HHM J T a gT a V f I|IJ J 1 frCi ■111 H ki MiTI TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING. The China markets were closed yesterday BUY,* sell* n FIND*; Classified ads can get you stereo equipment for a song. No matter what it is, you can always
      74 words

  • STOCKS klse
    • 404 26 AFP n Composite Index -0.64 MALAYSIAN shares closed fractionally lower yesterday but off earlier lows after late institutional support for some financial stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 0.64 point at 707.90. The Second Board index was
      AFP  -  404 words
    • 8311 26 INDUSTRIALS Consumer products ZOOO Last Vol Day Net Cap Hlgft Law Company Sala OOO High Law P/E $mll 420 110 Aiinomoto 320 6 1 320 320 I7S 129.7 J52 An 9kasa 48 I 15 48 48 70.8 670 290 Apollo Food Hkj 426 unch 3 426 426 9 3 170
      8,311 words
  • Page 26 Advertisements
    • 43 26 Rfl Nrpnuw Onrnr liim Limits I I I IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, 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 1800-741-1883
      43 words

  • SGX clob & regional stocks
    • 2518 27 BONDS WARRANTS S2 vm i W* N«/ Expiry m*k Lot 52 ..°V **y > kmmi Caw liar MK hub -Pi ca-w SM root) w# m m« mb mum *m <%i cot*; u« 38 2.5 s AH™hwninan7 5 s 5 6 J ?J? J 3 22 f 9 14 8 33.s
      2,518 words
    • 308 27 AFP Q Composite Index +920 SOUTH Korean shares ended 1.5 per cent higher yesterday with the index up 9.20 at 596.42. Volume was 307.4 million worth 1.9 trillion won. —AFP Oct Ros Sunl I 72SO 500 Bf*ln T»ch 755 15 Control Bonk 495 -85 ChoMComm ***** -1000 Dm Cu
      AFP  -  308 words
    • 284 27 AFP Q Composite Index -22J82 PHILIPPINE share prices fell 1.6 per cent yesterday with the Philippine Stock Exchange Composite Index down 22.82 points to 1,372.70. Volume rose to 862 million shares worth 1.13 billion pesos from 535.59 million shares worth 756.75 million pesos on Tuesday. AFP mm MRCAMed OJO
      AFP  -  284 words
    • 260 27 AFP QiBSE-40 -27J4 New Zealand stocks yesterday fell 1.4 per cent to their lowest level in almost two years on continuing weak sentiment, dealers said. The NZSE-40 Capital index dropped 27.94 points to 1,951.88, its lowest level since December 1998, on turnover of NZ5142.5 million. AFP i *t- mm
      AFP  -  260 words
    • 539 27 AFP □AA Ordinaries -&8 AUSTRALIAN share prices slipped 0.3 per cent in lacklustre trade yesterday, with media stocks some of the biggest losers, brokers said. The All Ordinaries index eased 8.8 points to 3,265.5 points while the SP/ASX 200 index fell 9.1 points to 3,318.6 points. National turnover totalled
      AFP  -  539 words
    • Article, Illustration
      752 27 AFP SET Index +0.47 THAILAND'S stock market edged up 0.2 per cent yesterday, dealers said. The Stock Exchange of Thailand (SET) Composite Index added 0.47 point to close at 271.85, while the SET 50 index was up 0.06 point at 18.65. Advancers led decliners 81 to 62, with 81
      AFP  -  752 words
    • Article, Illustration
      648 27 AFP Composite Index -&88 INDONESIAN share prices closed down 2.1 per cent yesterday under pressure from continued foreign selling in blue chip stocks and concerns over the health of President Abdurrahman Wahid, dealers said. The Jakarta Stock Exchange Composite Index closed down 8.88 points at 418.83 on a volume
      AFP  -  648 words
  • Page 27 Advertisements

  • 8943 28 The Business Times, Thursday, October 5,2000 SGXMAXNBOARD Transaction date: Oct 4 Or Or M wt 52-Wk List VI Day L4St Quota Dtv Dtv VM Net Cap Avg ►"9" Company Solo COOO) Low Buyer Seller Cw_%_P/l SmN Price MULTI-INDUSTRY 163 76.5 m c Ac ma 50c 78 unch 108
    8,943 words
  • Page 28 Advertisements
    • 75 28 Who is behind an Audemars Piguet watch? 2 5 m 'Iff** Available J j Cortina Wrtch Centre K I 'Jo AVAILABLE AT: SINGAPORE: I Regional Agent, Showroom 0 Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Cortina Watch Centre Pie Ltd SOl Orchard Road #01-10/11 Wheelock Place Singapore *****0. Tel: 2)8
      75 words

  • Page 29 Advertisements
    • 188 29 Where to wine, dine and entertain../"? "Tunch" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. Tunch" from 12 noon 4.30pm £16.90 (Adult) 40% discount (Child) "Tunch Karaoke" from 12 noon Bpm £22.90* (Adult) 40% discount* (Child) 'hxksm
      188 words
    • 83 29 I °v.i» v 1 I 1 |mmi| HOTEL QRANO CENTRAL LIMITED 22 Orchard Road, Singapore *****7 Tat 737 9944 Ext 40QAJ2 Fax: 733 3175 i "il Fine Dining I ii A Contemporary Mode WmSifli Mil rri Mullet I.until: I2.(N)|hii-2..M1 pin I ;i ;irlr Dinner: (>..<o pm-hljOpin hildrin's oiiipliiiu iilarx I
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    • 163 29 aA special welcome dish is yours during every weekday lunch. No minimum order required just sit ond enjoy 'The welcome dish changes fortngMy to keep you coming back 0) to 15 Octobr 2000 16 to 31 Octobf 2000 BAFFLES QK M A I N A 10 Torn vVwi Drive *****04
      163 words
  • Page 29 Miscellaneous
    • 697 29 TVF.I7T. Central 6-30 The Price Is Right. 6.30 Sajian: Kek Seantero LOO Headlines 9.00 AM Kids Central: Ses- 7.00 Money. I Shrunk The Dunj* LM Business Tonight. /HHHTTI 10 KEyTh?' >»* Keep- 0r: QueSt For 7JO Turai.lkatanSuci. M Headhnl Graohk*. iflH 10 30 ?wEn!« akeSChare Tonight With Gunnit. ISgluiikKtal !^cWDa
      697 words
    • 317 29 CRVFTIC CROSSWORD ACROSS York from Irish town (8) 5 Take a right turn to get to martial 6 Swimmer approaching the cenart display (6) *re (5) 8 Got out of bed (8) 7 Having received a gift? (8) 9 Penny bound to be supple (7) 12 Are getting up for
      317 words

  • MOTORING page
    • 788 30  -  It is for the young driver wanting to make a fashion statement with a bank statement to match From Adrian Low Adrian Low is a freelance motoring writer in Paris IN the City of High Fashion, the world's major automobile manufacturers unveiled
      AP  -  788 words
    • 154 30 CAN Mika Hakkinen trailing eight points behind season lead Michael Schumacher win the Suzuka Grand Prix on Sunday to remain in contention for a possible third consecutive Drivers' Championship? Here are some facts that may help you decide: ♦He won the last two Suzuka races. ♦When
      154 words
    • 623 30  -  FORMULA 1 While millions eagerly await the season's last motor races, it's more of the same for Serbia no SERENA NG SO the world's most watched sport after soccer is coming to another season's close, with just two races to run at Suzuka and
      623 words
    • BUMPER to BUMPER
      • 112 31 IDEASUTRA, a company that aims "to change the traditional way of doing business", is holding an online COE forecast competition at www.coe4cast.cont On from Oct 10 to 31, the game aims "to simulate the upcoming open-bidding system by creating a more transparent COE market process,
        112 words
      • 60 31 THE Land Transport Authority's Sin Ming Drive office will stay open from Bam to 7pm every Wednesday from this month. Motorists can now settle their vehicle-related matters after office hours, the authority said. Other than I Wednesday, the office is open from Bam to
        60 words
      • 101 31 AMERICAN regulators investigating the Firestone case have widened their probe to include more of its products, according to a Financial Times report. The decision could Fj deal a fresh blow to Firestone, which is owned by jßridgestone of Japan. The case involves the recall of
        101 words
      • 119 31 FOR the third year running, a Renault vehicle has been given a four-star passive safety rating by the Euro NCAP (New Car Assessment Programme). After the Megane sedan in 1998 and Espace MPV in 1999, the Clio compact took the honours this year. Euro
        119 words
      • 46 31 SINCE its introduction at the end of last year, the new Skoda Fabla has found 100,000 buyers. The Volkswagen-owned company aims to hit 135,000 units by the end of the year. Overall, Skoda expects double-digit growth over 1999's sales 0f385,330 vehicles.
        46 words
      • 111 31  -  Compiled by Christopher Tan THE Automobile Association of Singapore is organising a motorcade of F-l fans to drive up to Sepang for the Grand Prix finale. Taking place from Oct 20 to 23, participants can also expect a visit to the Lotus
        111 words
    • 452 31  -  Uncertainty over some ground rules holds back exercise for a month All reports by Christopher Tan THE first-ever auction of a fuel pump site due to take place last week was postponed amid uncertainty over some ground rules. The auction, for a 29,000 sq ft
      452 words
    • 301 31 ELECTRIC and motorised bicycles are fast becoming an alternative mode of personal transport, with an estimated 200 units zipping around here since being introduced several months ago. They're relatively inexpensive at $1,200 apiece, compared with about $5,000 for an entry-level motorcycle.
      ARTHUR LEE  -  301 words
    • 269 31 THE authorities are reviewing the need for commercial vehicles to be equipped with speed-warning devices. At the same time, plans are afoot to make individual seatbelts mandatory for school buses. BT understands the speed-warn-ing devices in the form of a roofmounted light that flashes when a
      SIEW YAW HOONG  -  269 words

  • Page 31 Advertisements
    • 83 31 "Decked with luxuries...built-in phone with memory for The cabin is super spacious" chri«T«n-t*«Butin***Tim»« THE SBO IS THE BEST VOLVO EVER■ "Adds excitement and equipment like never before." BUT DON'T JUST TAKE OUR WORD FOR IT. "Stirring performance indeed from a large saloon." Th#stmittr»m«# *."1," <r-. m ffca 'A*i£ !t I'v
      83 words

  • EXEC lifestyle
    • 1060 32  -  An ill-fated Chinese junk which went down in the South China Sea in 1822 has yielded the largest haul of porcelain ever recovered from a shipwreck. CH&AH UI-HOON and PARVATBINATAR take a look V at the historically important find, on display in Singapore today CHEAH UI-HOON, PARVATHI
      1,060 words
  • Page 32 Advertisements
    • 318 32 f > MERRILL LYNCH INTERNATIONAL CO. C.V. NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF AMERICAN STYLE CALL WARRANTS RELATING TO THE SHARES OF PACIFIC CENTURY REGIONAL DEVELOPMENTS LIMITED ISSUED BY MERRILL LYNCH INTERNATIONAL CO. C.V. ON 31 ST MARCH, 2000, 24TH MAY, 2000 AND 29TH SEPTEMBER, 2000 Notice is hereby
      318 words
    • 296 32 ROBERT FLEMING EQUITY DERIVATIVES LIMITED NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF AMERICAN STYLE CALL WARRANTS RELATING TO THE SHARES OF PACIFIC CENTURY REGIONAL DEVELOPMENTS LIMITED ISSUED BY ROBERT FLEMING EQUITY DERIVATIVES LIMITED ON 7TH APRIL, 2000 Notice is hereby given by Robert Fleming Equity Derivatives Limited (the Issuer") in
      296 words

  • HOUSEHUNT
    • Article, Illustration
      2186 33 Kim Yam Heights Property transactions for selected districts lodged between Sept 4 and Oct 2. sronilSf' S5T """SK ESP""*' a" 1 SJWtl HAHE T« OATt LANO AflEA STflEETNAME TYPE QATE IMCMEA* (SOFT) (SrOOO) (S$) (SOFT) (STOOD) <S$) District 09 Mutiara Crest Apt 22/08/00 FH 1335 1203 901 *n !—<■< Mutiara
      2,186 words

  • PERSONAL SPACE
    • 926 34  -  For Reuters Asia-Pac head, there's no place like home a luxurious bungalow that has been featured in a book on Asian homes, ookimme "ww takes a house tour CORINNE KERK JAN Coos Geesink, Reuters' Asia-Pacific managing director and his wife, Margot, have an anecdote that speaks volumes
      PHOTOS BY SIEW YAW HOONG  -  926 words
    • 517 34 DEVELOPER/ OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE HMMran (sq ft) LAUNCHED UNITS SOLD psf) Queens Allgreen Prop 3 Stirling Rd 914-2,723 536 310 760 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 400 950 99-yr Caribbean at Keppel Bay Keppel Land
      517 words
  • Page 34 Advertisements
    • 92 34 FOR SALE BY PRIVATE TREATY BALESTItR FREEHOLD SITE si Subject n\ AT DISTRICT 11 I rropeny l f mm.\ Location Double frontage to I utnitirv oi o/ Mandalay Bhamo I ho«. /V/ Road. About 650 m to I j Novena MRT Station I Land Area 4,789.4 sq m VsES V
      92 words
    • 106 34 A /m Jones Lang VW LaSalle. Commercial Development et 381 JOO CHI AT ROAD Ol c MORTGAGEE'S SALE BY AUCTION |jj-- New 4-storey commercial building with good frontage. "MB -^H— Site area: 7,129 sq ft approx; Freehold t* Net Floor area: 17,754 sq ft approx Iff Gross Floor area: 21,529
      106 words
    • 74 34 For Sale by Tender 6-Storey Warehouse at 7 Tai Seng Drive With spacious show room 8c office, excellent as corporate building Land area: 95.542 sq ft Gross floor area: 218,866 sq ft d!..' High ceiling, good floor ii" loading and funaional layout T5 JTC 30 +30 years wef 1993 Hfejl
      74 words

  • OVERSEAS PROPERTY
    • 1664 35  -  Buying apartments in Australia for investment is very popular at the moment but look at the statistics before leaping into this thriving market, advises martin tolees MARTIN VOLKER The writer is associate director of Central Equity Asia Pte Ltd THE bulls are still running in the
      1,664 words
    • 402 35  -  By Marissa Chew AMERICAN property giant Trammell Crow and UK player FPDSavills two weeks ago signed an agreement to bring their property management joint venture to Asia. The two earlier this year joined forces, with Trammell taking a 10 per cent stake in UK-listed
      402 words
    • 482 35 BANKS/mANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEARS YEAR 6-10 YEAR 11-36 ABN-AMRO Bank (max of 30 yrs) 3.2500 4.0000 4.7500 4.7500 4.7500 4.7500 4.7500 Citibank (max of 30 yrs) 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 DBS Completed properties 2.7500 3.9000 5.0000 5.0000 5.0000 5.7500 5.7500
      482 words
  • Page 35 Advertisements
    • 236 35 r ®£ir Prime Industrial Redevelopment Site in Aljunied area Site area: 15,924 sq ft Zoned' Light Industry, Freehold nL Plot Ratio 15 Z !<£• Walking Distance to Aljunied v M RT Station Nestled in a popular industrial Good accessibility via PIE and I Ml fi Nicoll Highway la r™Q FOR
      236 words

  • EXECUTIVE Suite
    • 1225 36  -  For many house-hunters, buying in cyberspace is out of the question property portals merely serve to provide information. The real shopping takes place on terra firma. So site developers are seeing more demand from the property sector for other Internet services, players
      1,225 words
  • Page 36 Advertisements
    • 138 36 invest in/j Asia offers a wealth of investment opportunities and identifying the right one can be challenging. At growasia.com, we have made this easier. Investors keen on buying into and partnering with promising Asian businesses can now begin their online search for opportunities at growasia.com. Backed by the collective regional
      138 words

  • SHIPPING TIMES
    • 190 37 Reuters THE Baltic Dry Index (BDI) shed six points to 1,729, the Baltic Panamax Index (BPI) eased five points to 1,618, the Baltic Handy Index (BHI) slipped six to 1,161, the Baltic Handymax Index fell 59 points to 10,181 and the Baltic Capesize Index (BCD dropped seven points
      Reuters  -  190 words
    • 300 37 iiti NmmMM Oct 4 4/- M CWT Distribution 0.60 unch IS ChwrHu* 0.39 OjOZ 1044 Cosco Invastmant 0.17 -0.01 80 FrataM Links 0.14 0X1 65 GO Moldings 0.56 unch 0 Hal Sun Hup 0.36 0.01 28 IMC HokHnqs-HK 540 unch 0 Jaya Holdings 0.16 unch 200 KappalCorp 3.60
      300 words
    • 415 37  -  Maritime body deciding on phaseont schedule for single-hull tankers By Ann Toh [SINGAPORE] IMO secre-tary-general William O'Neil has warned against European or unilateral action in marine safety in his opening address at the Marine Environment Protection Committee meeting this week, where IMO delegates
      415 words
    • 647 37  -  Crew of Indon bulker robbed; S'pore coast guard has stepped np patrols By Donald Urquhart [SINGAPORE] The spectre of piracy moved alarmingly close to home last Sunday when pirates attacked and attempted to hijack a ship lying at anchor just outside Singapore port
      647 words
    • 359 37  -  Slick dispersed, remaining oil from tanker being unloaded By Ann Toh [SINGAPORE] The 7,000 tonnes of crude oil spilt from damaged tanker Natuna Sea, which ran aground on Tuesday off Batam island, is under control, the Maritime and Port Authority of Singapore (MPA),
      REUTERS  -  359 words
  • Page 37 Advertisements
    • 120 37 Container shipping: players extol Internet's potential Pg2 Far East to see vigorous air traffic growth Back pg I^Qtransport PRESENTS E-Commerce for Freight Transportation Asia 2000 Conference, Exhibition, and Networking Forum The Grand Copthorne Waterfront, Singapore October 18-20 If you deal in freight you'll know that e-business is transforming the way
      120 words
    • 146 37 PLACE YOUR INQUIRY AND YOU ARE REGISTERED TO WIN! Voice Recorder Chemoil. The exceptional service you have come to expect with an added bonus—winning great prizes. That's right. 24 hours a day. seven days a week, you can place an inquiry with Chemoil for delivery in Singapore and with every
      146 words

  • CONTAINERS shipping
    • 857 38  -  But shipping summit told reluctance to share information mav impede Net's ability to imnrove industry pffiripnpv By Ann Toh CAN the Internet solve shipping's imbalance problems? Chances are, it can, but the industry's reluctance to share information is seriously impeding its potential, according to speakers at
      FILE PHOTO  -  857 words
  • 179 38 PAGE Donqnama 3 ACL 6 £istr 6 Accord 8 tCL 4 Appfostiip 5 U e Assets 8 Ew W 6 Austral 7 F00OflSor 5 c Fuhai 7 Bata)i Shpq 5 r o Linn 4 BSA 7 Gwnartrans 6 B'tang Mas 8 CCNI 7 "Z? Manun 3 CMACGM
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  • Page 38 Advertisements
    • 196 38 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com SENLIM AGENCIES PTE. LTD. 133, New Bridge Road. (08-09, Chinatown Point
      196 words
    • 755 38 services represented by Members of the Registry of Accredited Shipping Agents, 2s Singapore Shipping Association g ULY UNE MALI vissa Tvoy Tra \~m iu P. KUNG SPORE MALI Empress Lily VOBOO 15/10 16/10 23/10 Princess Lily VO7OO 26/10 27/10 03/11 Empress Lily VO9OO 13/11 14/11 21/11 ULY MAftINE SERVICES PTE
      755 words
    • 6 38 Members of the Singapore Logistics Association
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  • Page 39 Advertisements
    • 1161 39 SAX SERVICE (DIRECT) vesa voy sw m iax oak pal hou ch cot iiai «i wk AftJAK T 02* 27/09 12/10 17/10 17/10 17/10 17/10 17/10 17/10 1»/10 11/10 APIGA*Wf 023E 04/10 19/10 24/10 24/10 ""24/10 M/TO ***** 24/10 25/10 2S/10 atispmi 0231 11/10 26/io 31/10 31/10 31/10 31/10 oTTTi
      1,161 words
    • 1747 39 HANJIN SHIPPING lk:l-I 4 IfetWpilo. Solei *****30 HAJUIN SHIPPING (S) PTE HP lay wn WOKING *****3573/ SAUS *****74 731 OOCUMtNI *****71 774 OttMlKMfi ********** MAINIMti *****55 FU *****45 {(NO **********0(4 TO NW USA CANADA USA CANADA* FMW/vor iam SM umhau/vot sa nw «h roi T~ai mf m dtt mem nt
      1,747 words
    • 447 39 vtssu sm pkg vor sin hkg m iwc usm pus M J!I su» mjNDAismiiß _m_ oyw jvio ww rim_ i//w mo_ $|j K —r»7io AtXUUC 0170 M/ 10 11/10 13/10 2VIO «MI(ULSAM MS MO IS/10 mas loos is/io 17/10 ioTio kmkutEiuMG oi3S 00/io 10/io oi3M ii/io 15/iQ 17/10 23/iQ 20/10
      447 words

  • Page 40 Advertisements
    • 1485 40 SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA J559: WY IfH HTM AMI NAM WW IFLX if VESSEL IvOY 51 GfT SPE FOS W.C MTB l!? 3 11 nlO ai< 2411 2510 -WANSENATOH 083SW OSII 2210 2411 2111 Till ~O4~M 2? 1 Ml 3,11 al 1# 2111 MTWOS SENATOR OW* (Ml Mil
      1,485 words
    • 1066 40 ■LAfIMAC-NELS S'PORE M'SIA Carrier MN CONTR LINES, INC p. guoang. )«i *****6 IZJXy \zJ C ,i s 1 »OSTaoooOE SIBU: (084)*****9 MANILA (632)*****24 PENANG: (04)*****36 BANGKOK; (662)*****57 SURABAYA: (31)*****11 P- KELANG: (03) *****77 JKT: (21) *****45 KUOfING (062) *****1.3 PASIR GUPANG HO CHI MINH MV "QING SHAN" V.0022 MV "DASHENG"
      1,066 words
    • 727 40 EXPRESS CONTAINER FEEDER FOB N SHEVA (CFS MULUNO MUMBALCOLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN ICO POUTS S PORE N SHEVA COLOMBO PKLAN6 CAPE CREUS V.113W M OCT 17 OCT ?1 OCT 27 OCT CAPE CANAVERAL 130W 15 OCT 24 OCT 2» OCT 03 NOV TULSIOAS V 132 22
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  • Page 41 Advertisements
    • 1733 41 |V*SS«. VOY KHH HKG SM PKi DXB BAB DMM BIK IRAN HORMOZGAN PCI-175 03/10 04/10 07/10 08/10 15/10 16/10 18/10 20/10 IRAN TEHRAN PCL-176 10/10 11/10 14/10 15/10 22/10 23/10 25/10 27/10 IRAN TABATABAEI PCL-177 17/10 18/10 21/10 22/10 31/10 01/11 03/11 05/11 IRANKERMAN PCL-178 24/10 25/10 28/10 29/10 05/11
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    • 1052 41 TOs COLOMBO EVERY MONDAY (T/T: 4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFKE; COSTAR SHIPPING PTE LTD #12-00 SAUS/BKGS *****57/43 INWARD DEPT ID/O) *****86 COSTAR AGENCIES (M) SDN BHD CRNO: **********0 M SINGAPORE *****8 CONVENTIONAL i *****01/850 T/SHPMT
      1,052 words
    • 1242 41 EUROPE EXPRESS SERVICE EXPORT IMPORT VESfI. .vor .sw uh ra urn h«» ohv hi vessei vor rim ham fu uh siii~ PUSANSEN 015W .10/10 27/10 79 1 0 30/10 31/10 01/11 09/1) HJ ATHENS 0021 14, 09 '16 09 IU/09 '2109' 08 lo HJ PORTLAND 039W .***** 03/11.05.1 1 06/1!
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  • Page 42 Advertisements
    • 905 42 export VESSEL/VOYAGE SOP ROM HBG THP j ZEE ANwjIHV ALSO ACCEPTING CARGO TO ANO FROM:- FINLAND, DENMARK. SWEDE* RUSSIA 1 1 NORWAY I MEDITERRANEAN/BLACK SEA/EUROPE SERVICES ■export VESSa/VOYAGE I SGP |G» VKN OC ]otU RDM IHV T>» ZH U JNfTY 0063-013 IN WjO 2Q/*****/10 ?4,10 26,^0 T 2S. 10 0
      905 words
    • 369 42 ARABIAN ROMAN OUU/MMAN SUB CONTMENT SERVICE HMB VESSft VOYAGE SGP CWI DUB JBA ABU DMN lAH KHI NXV VWHE OIB3W Ofc/IO 17/10- l»/10- 7VIO- ACCOM) 0433 03IW 09/10 13/10 11/10 If/10 20/10 UM ASSURE OI4S-014W 10/10 19/10- 20/10 73/10 SONG HI 0154* IVIO 24/10- 24/10- 30/10 UNIASPIRE 0634-076W 14/1020/10 25/10-
      369 words
    • 696 42 ADVANCE CONTAINER LINES (PTE) LTD MI.I L; TEL: *****21. FAX *****19, TELEX RS ***** ACLPL CR NO **********06 FOB BOOKINGS PLEASE CAU: 22}3777 SALES A MARKETING *****21 2S RAMCKOK SfhiOW.H JAKARTA •(7 UHi*««/WMk) VOY~ UN BKK VtSSa VOY I SIN Ml KOIA HARIA (RAJ/LCH| H1A099 8/10 Sun 11/10 Wted SNAR
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    • 398 42 SO TELOK BLANGAH ROAD 102-02 Cm PORT CENTRE SPORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VtSSa \KJI ETA ETD DESTMATON MABUKWA *****0 (&1b?000 06,1d?W0 PALEMBANGML BALM* IKAGURI 14?#0e I7II7MNBBIQ7OM PONTIANAK WABUKWA 41AM 11/IKBOO 12.*****8 PALB*AN&4RJNTOK.PIO. BALAM IKAGURI 1&/2000 IMH2OOO 17H?000 PONTIANAK For enquiries
      398 words

  • Page 43 Advertisements
    • 499 43 mm MYANMA WHMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon VHHI VOY SIN PKL PEN PGU DAWII 14W 07/10 MONGU 37W 12/10 MALAYSIA AGENTS: KMJSTXAD SHIPPING AGENCIES KUL TIL 03-*****00 PKL: TIL 03-317M101 PIN: HI 04-*****02 PGLh TIL 07-*****21/4 BANK LINE (A service of Andrew Weir Shipping) VF
      499 words
    • 1439 43 HYUNDAI MERCHANT MARINE CO., LTD. 51 SOU LBr RIM ANT HAM MN VBSB VOY SOU LEH (TTM ANT HAM MTV TT Nanus 018W 06/10 27/10 20/10 22/10 24/10 ELM 543 7T/01~ uTw IvW ~05/li APIPEABL 018W 09/10 01/11 25/10 26/10 21/10 HY FEDERAL 5261 20/01 13/01 1/01 16/01 00/ HYCOMMOOOR!
      1,439 words
    • 784 43 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" [Yissa VOT RAMP HEIGHT SIN LK MAO MIA SAV »A 1 ORF NYC MfW TAIKO AHO2O 400Tms 6.3 M 10/10 09/11 17/11 "WTT HJW WTT 25/0" IT/fT WTT 06/12" TOURCOING AHO2I 400 Tom 6.3 M 26/10 26/11 04/12 07/12
      784 words

  • 21437 44 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT L T N Telephone ETA ETA Advertiser Vessel Voyage TuetrfxH*. SIN Destn Name Name Number Number SIN Destn Name Name Number Number 30/10 23/11 MSC Agy MSC ANIELLO 0043R 65 32S2650 To ABIDJAN (AB J) 2003 Cote D' I voire 31/10 24/n chirwshpq ville de
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  • Page 44 Advertisements
    • 534 44 ■AMOKOK/MAP TA PHUT/UIM CHABAHG JAKARTA/PAN JANG -JBSStt *01 Ml IMI 1 MTF I toT~ VlSStl VOT SIN JUT rjw WIBAIHUM la 07/10 11/10 10/10 imiUUM I7«l ~WiQ M/lfl XETHA MUM" 3S4H 08/10 11/10 12/10 ftHAHfi fiKWY* Q3Q QBZlil 1 1/10 «!L__wzio m IM2_ f H jjfljj I FA* l Ml*
      534 words
    • 277 44 INDONESIA NATIONAL LINE TO AUSTRALIA FULL CONTAINER SERVICE Wi wr pkg aw m m sro m m m m ronotm is n/io 04/10 14/11 n/10 jo/io n/11 wsumi ~ST I«/ 1« 11/1# Tr/ii n/io ii/io a/ii Wliswt lit 14/1117/10 17/U W/10 31/10 M/H m.Non m o/iiM/io io/it w/iT io/ii FEEDER
      277 words
    • 360 44 TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK A CONTAINERS 14 DAYS FREQUENCY -221 VOT MO SU« JKT Ftt SHI) IKK SK7) NtHJ SUV *Kl WLG Ufl PW Ml TIG TASMAN (XUSADa *****7 73/01 74/W 30/01 SAd 04/10 01/10 70/10 72/10 7S/10 74/10 71/10 71/10 30/10 01/11 IASMAN (OMMAMCXR *****0 07/10
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  • Page 47 Advertisements
    • 82 47 I Isffin\ KYOWA LINE Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily Wallenius Wilhelmsen New Europe To MIDDLE EASTI S.E. ASIA service I Pg 7 (Barwil) AECU SINGAPORE PTE LTD W 15 McCallum Street #0?-0l/02 Natwest Centre Singapore *****5 Fax; 1651 *****66 Email feneral&ecusin
      82 words


  • SHIPS IN PORT
    • 680 49 Vessel Voy No Berth Arrival Departure Jf H Part Spc Capncor *****0 J12 04/10/7:00 04/10/1930 UrtBu San 0H>CT J02 04/10/550 04/10/2330 »*ot* KWSOO J03 04/10/7:45 04/10/2030 Ba»*i BBOOtl J02 04/10/8.40 04/10/22X10 BayswaterlW M0243 J02 04/10/W5 04/10/16.30 Tropical 28 18A00 J03 04/10/9:10 04/10/17 00 «23 192 J02 04/10/8.-55 04/10/17
      680 words
    • 1918 49 RECEIYIH6 OF EXPORT FCl CONTAINERS AND LCL CARGO Booklng/Balancc Rstls Ship Voy No Etb/Btr Period From To From actuaria oraoot moo ovboo ov*m h*oo a 03/1700 04/0651 04/0*00 a 03/1700 04/0659 04/0100 1 04/0700 04/1B1 04/V40C 4 04/1200 04/1451 04/1700 Aa CAMKT oa WHO OVBOO 03/1651 Mr-00 U
      1,918 words
    • 427 49 Carton 180 Mai 990.7 0.9 0.9 0.09 66 0.04 Sap 21 Oewlty w*t»r ItsHkM Ask Alumimum Sedmwfrt No above E25 0 0 0 0 0 0 380 Aw 986.0 0.4 I2J 0.06 29 0.02 En*. 300 Mai 993.1 0.8 M.7 0.09 60 0.05 MAT! %m/» mi
      427 words
    • 149 49 Oct e Hong Kong: Chung Yeung Festival. Oct 0 Canada: Thanksgiving Day. USA: Columbus Day. Oct 10 Japan: Health Sports Day. Taiwan: Double Tenth National Day. Oct 23 Thailand: King Chulalongkorn Day. Oct 25 Brunei: Israk Mikraj. Indonesia: Ascension Day of Prophet Muhammad. Oct 20 Malaysia: Deepavali. Nov
      149 words
    • 783 49 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
      783 words
  • Page 49 Miscellaneous
    • 129 49 jafREGIONALWE^THER^^L -^3qn LEGEND: issued by MeteorologicarService Sing»"po^ K Thunderstorm A Showers Rain f*? 1 36^ 3 UrB Cj Wind direction and speed in knots Cloudy Day Wea,he U symbols Soa Conditions O Full circle w/o line indicates calm or light and variable winds j a '9 ht < 1 -2m
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  • AIR & LAND transport
    • 473 50  -  Far East to see vigorous air traffic growth: world body By George Joseph (SINGAPORE] It will just be a matter of time before US aircraft manufacturer Boeing decides to build a superjumbo like the planned A3XX of its rival Airbus
      473 words
    • 214 50 AFP [SINGAPORE] The aviation industry needs to deregulate faster or risk playing catchup to other industries, the head of the International Air Transport Association (lata) said here yesterday. Deregulation was inevitable but it was "unfortunate the airline industry is way behind other industries",
      AFP  -  214 words
    • 217 50 Bloomberg [FORT WORTH, Texas] The union representing 10,500 American Airlines pilots said it will likely ask the US Supreme Court to overturn a judge's order to pay the carrier U5545.5 million (5579.17 million) for dragging out a 1999 work stoppage. The US
      Bloomberg  -  217 words
    • 356 50 AFP [LAGOS] British airline Virgin Atlantic is set for a major chunk of the lucrative LagosLondon route currently dominated by British Airways, press reports said. "We are glad to be here at last. We made attempts to come about five years
      AFP  -  356 words
    • LOGBook
      • 116 50 Reuters [MOSCOW] Russian flagship carrier Aeroflot said it had signed a memorandum with an Iraqi Airways delegation on restoring a regular air service to the sanctions-bound country, though no date to begin flights had been set. A spokeswoman for Aeroflot, which is 51 per cent
        Reuters  -  116 words
      • 119 50 AFX-Asia [MANILA) Philippine Airlines (PAL) said it would resume its thrice-weekly flights to Taipei beginning Monday. The direct flights follow the signing of an agreement between the Philippines and Taiwan on Sept 26 restoring commercial air links. PAL said it would field 150-seater
        AFX-Asia  -  119 words
    • 402 50 [SINGAPORE] Asia's vehicle markets are vulnerable to another drop in sales, says Graeme Maxton of autopolis, an automotive analysis and consulting firm specialising in the region. Although the last two years have seen a recovery with car sales growing by 23 per cent (and
      AFP FILE PHOTO  -  402 words
    • 277 50 Pakistanis freeze in mid-air after boarding cargo plane atPenang AFP [KUALA LUMPUR] Two Pakistani contract workers froze to death in mid-air after stowing away in the undercarriage compartment of a cargo plane at a Malaysian airport, officials said yesterday. Daud Hosnan, manager of
      AFP  -  277 words
    • 305 50 Bloomberg {HONGKONG] Cathay Pacific Airways, Asia's fourth largest carrier, said it carried more than one million passengers in August for a third record month, bringing the increase in passengers in the first eight months of the year to 15 per cent from the same
      Bloomberg  -  305 words
    • 1859 50 an mow p» fuoit n» oh *05 MM 1*7* 1930 8*7382 2055 S07J43 2335 OfBI 1930 ore 2055 Nt MW BIO MHO tm SS2 ii» si "s S0229 2230 OBI 2045 MM Ml AanttrdMi SO 327 0715 U.0844 0040 WW743 1K5 V 0740 *****7 MH (Mil
      1,859 words