The Business Times, 7 September 1999

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Total Pages: 40
1 40 The Business Times
  • 17 1 THE BUSINESS TIMES MITA (P) 04^12/98 85c SINGAPORE V y \biternet: httpTYbifsrnt^s-times.asial.com.sg/ v y TUESDAY, SEPTEMBER 7,1999
    17 words
  • 54 1 1 QmmlW (+6.60) n m U ***** (+2.61) IH| smsa FUTTJIES U ***** (+2.60) g jmKCTMOODc 3TUU& UU£T KLSECOMP !5£|_^S NIKKEI 17,*****—+***** HANG SENG *****.16—.+206.81 SET INDEX 424J8. -1M JAKARTA OOMP—540.43 -M.7' MANILA OOMP _2U«47 +1U( rAIPHWH«_-8.1301« -66. i; SEOULOOMP 943.22 +S2.K CLSACHINAB __8IUt AH 4UST ALL OBD
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  • 70 1 roiEl BATES est 81 m UK HUS$/$$ per 11 MM nao<us*ss w E) ui» im DM LMK Oil Wi MM LMt' KM 3.800 0.444 m im—tin IAHT K.7fc*J|||| ttJPUH v -y *m»mtmm •mm mm* PBDOB KATES awaugg m OIALA LUMPUR 7.SS IAKAKA JANQSDK J lt.M IA1QLA ll.lt iONOKDNQ ftS
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  • 1041 1  -  East Timor nnrest takes its toll, with rapi&h down 3%, Jakarta stocks 4% From Shoeb Kagda, Ven Sreenivasan in Singapore THE escalating violence in East Timor following its overwhelming vote for independence from Indonesia drove the rupiah and the stock market down sharply
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  • 635 1  -  Bnt winner did not come out smelling like roses By Catherine Ong [SINGAPORE] Indonesian businessman Edwin Soeryadjaya has won his court case against fellow countryman Johannes Kotjo, and been awarded more than $8 million in total claims. In a 43-page judgement, High
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  • 568 1  - Barclays Capital goes for local talent James Loh Appointment marks S'pore's bigger role in regional network By Wong Wei Kong (SINGAPORE] OCBC has Hongkonger Alex Au and DBS Bank has American John Olds. But for Barclays Capital, the investment banking arm of UK banking group Barclays pic, the choice is
    568 words
  • Page 1 Advertisements
    • 184 1 nrsmE YHS hack in the Mack Analysts covering Yeo Hiap Seng will be scrambling to revise their projections as the company has reversed into the black with a 12.2 m interim profit, Pg 17 V*. OCL atiO dAng News of Cyde ft Carriage the can-making business failed to halt the
      184 words
    • 61 1 Dow rally fails to boost US$ against yen, Pg 6 Editorial: East Timor needs a UN force —now, Pg 13 Market reports, Pg 22-26 New Beta Titanium Collection Ns^J^ .'JH N* i 4 ,9 I i V j c v -v- -w^hSSB Af«fc/: «OS7 40% fipPr* 70»^m>,<«,« ,*vwftw* 700% hypo-allergenie
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    • 11 1 GOVT LAND SALES Will small developers be left out? Pg 4
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  • PARLIAMENT
    • 771 2  -  New and veteran politicians, including SM Lee, speak on PM Goh's motion before moving to new chambers By, Audrey Tan JUST before MPs made their symbolic five-minute stroll from the old Parliament House to the new chambers of Parliament yesterday, they took a
      JEROME MING/ST  -  771 words
    • 322 2  -  'No necessity' to set up another inquiry, says Cheow Tong By Eugene Low THE government is awaiting the findings of police investigations into the Silk Air MI 185 crash, Minister for Communications and Information Technology Yeo Cheow Tong told Parliament yesterday. He also said
      322 words
    • 275 2  -  But these will mainly be vessels in transit, says Cheow Tong By] Eugene Low THE proposal to cut a canal across the southern Kra Isthmus in Thailand, if taken up, will "undoubtedly" divert some shipping away from the Malacca and Singapore Straits, Minister for
      FILE PHOTO  -  275 words
    • HOUSE Briefs
      • 44 2 THERE are currently more than 450,000 work permit holders in Singapore, of which more than 100,000 are foreign domestic workers, said Minister for Manpower Lee Boon Yang. There are also around 80,000 foreigners employed on employment passes, he added.
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      • 76 2 SINCE the implementation of its Brand Development Assistance Scheme (Brandas) in 1990, the Trade Development Board (TDB) has given out grants totalling 11.7 million to companies as part of the scheme, said Minister of State for Trade and Industry Lim Swee Say. He added that
        76 words
      • 79 2 THE speed limit of the East Coast Parkway from Benjamin Sheara Bridge to Changi Airport, and the KranJi Expressway will be raised from 80 km per hour to 90 km per hour next month, said Ho Peng Kee, Minister of State for Law and
        79 words
      • 73 2 THE government can run budget deficits up to the magnitude of its net investment income (Nil), which is regarded as part of current reserves, without drawing on past reserves, said Richard Hu, Minister for Finance. But the government does not have to fall back on
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  • Page 2 Advertisements
    • 23 2 I 177 River Valley Road JW J 1* t $KjjB J m 2 Sept -14 Sept 99 At M 11.00 am 9.00 pm
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    • 59 2 Job fllert! Over 3.600 Jobs with More Than 52.000 Resumes Submitted And it's Still Growing!_ Go to(http://www.jobsdb.com.sg Now! JobsDß.com The e Recruitment Network that keeps you posted on the lobs you re looking tor. Absolutely Free For Job Seekers The Web is the Future ol Recruitment agency no: C *****1F^
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  • SINGAPORE AT HOME & ABROAD
    • 592 3  -  'Strategic consideration' to use LNG for some power stations: Swee Say By\ David Boey IN a landmark move that will reduce Singapore's vulnerability to disruptions to the supply of fuel for its power stations, the government will set aside a
      592 words
    • NEWS Roundup
      • 53 3 THE Registry of Trade Marks and Patents will be revamped and renamed the Intellectual Property Office J of Singapore (IPOS). In addition to registering trademarks and granting patents, the IPOS will run a series of new legislation, including the Geographical Indications Act and the Layout-Designs of
        53 words
      • 25 3 SENIOR Minister Lee Kuan Yew will attend the PepsiCo Top To Top Conference in Montreux, Switzerland, from Sept 8-12.
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      • 64 3 SCHERING-PLOUGH Research Institute, the pharmaceutical researcn and development arm of US-based Schering-Plough Corporation, yesterday formally opened a new clinical research office in Science Park n. The Singapore office will serve as the regional centre for coordinating the institute'B clinical programme* for npwphflrmarsmtlraU tr> A«ri« «rf»hvHng
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      • 49 3 TWO British Telecom senior executives have joined Star Hub. Peter Kaliaropoulos, seconded from British Telecom, took over from Graham Moore as senior vice-president for commercial and service. John Poeton, recently retired from the UK telco, becomes Star Hub's senior vice-president for international and wholesale.
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    • 309 3  -  By. Raju Chellam IN what could be the first project of its kind, two local institutes have tied up to develop software that enables a human liver to be reconstructed, viewed and manipulated for three-dimensional (3-D) viewing. It
      309 words
    • 339 3  -  EYE OM THE ECONOMY Prices By, Jennifer Lien WHOLESALE prices continued their upward trend in July, with the domestic supply price index rising 2.8 per cent year-on-year, up from 83.2 to 85.5. This is the fourth consecutive rise in the index, and the strongest in
      Source: Dept of Statistics  -  339 words
  • Page 3 Advertisements
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    • 263 3 The Cadillac NEW MILLENNIUM REWARD Yes. Hie reward is for you. You 45 years) have pursued a dream of to own the all-new prestige, luxury, had a vision. Worked smart and hard, Technology without boundaries, Cadillac Seville SLS, from the world's and succeeded. You have made it, the Performance without
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  • FOCUS: PROPERTY
    • 650 4  -  THE PROPERTY COLUMN Large supply of npgrader condo land suggests thin margins for lower-end condo developers By Lee Han Shih THERE must be something about Mah Bow Tan. Having presided over the Certificate of Entitlement (COE) system which rakes in billions of dollars annually
      FILE PHOTO  -  650 words
  • Page 4 Advertisements
    • 506 4 Public Tender Club Dointree Beachfront Resort Situated Just north of the Dointree River, with a pristine beach frontage, this resort is located at the gateway to the Dointree Rainforest and Far North Queensland 4 Features include: •12 rooms of cabin accommodation along with 8 backpacker rooms, large camping area and
      506 words
    • 291 4 Freehold Residential Site Near Novena MRT Station i Site area 17,278 sq ft "g// °PP° site St. Michael's A School, near Revenue 1 I House, United Square i\r^\V?*" Novena Square I 1 Plot ratio 2.8, 30-storey Public Trustee's Sale by Tender Tender Closing: Wednesday, 13 October 1999,3.00pm 3 PRIME INDUSTRIAL!
      291 words
    • 180 4 Tender closing at 3pm on Investment Sales —.JmJ33 0220 Fa«: 533 5103 PRIME INDUSTRIAL FACTORY FOR SALE 1) Address 57 Senoko Drive Description 5 blocks of purpose-built office, factory and warehouse Land Area 28,989 sqm Gross Floor Area Approx. 22,006 sqm Tenure :JTC Leasehold 30+30 years wef 01 February 1982
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  • SINGAPORE AT HOME & ABROAD
    • 511 5  - Rajah Tann set to be second biggest law firm It will have at least 120 lawyers after merger with Yeo Wee Kiong and some other planned moves Byi Conrad Raj RAJAH Tann, which made its mark as the Singapore legal advisers to the liquidators of failed investment bank Barings, is
      511 words
    • 254 5 MITSUI Marine and Fire Insurance (Asia) and its agent, NationweU Insurance Agency, have launched an "instant insurance quotation" Web service. This instant quotation service over the Internet the first of its kind in Singapore gives a clear display of price and service
      254 words
    • 280 5  -  MAILBAG AS Khaled Brunei HEDGE funds have been accused of having triggered the Asian economic collapse of 1997. These same funds are said to be responsible for the sudden and severe collapse of sterling a few years back. Owners and beneficiaries of these funds are generally
      280 words
    • 343 5  -  By, Jennifer Lien THE space vacated by Studio Cinemas, which went into receivership last month, appears to have attracted keen interest, despite the substantial sizes of the two locations. While listed Cathay Organisation Holdings yesterday confirmed it would take up
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  • Page 5 Advertisements
    • 182 5 Asia's Next Millennium mk.- /H IH. I I tAfZZJ Asia's leading regional platform for wire, cable, fastener and spring making tube and pipe (§m&?. a welding, joining, cutting and surfacing Mfel 'ML Meet with world leaders showcasing the latest state-of- the-art technology, machinery, materials and v i i services. Seize
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    • 241 5 r Busy Jazz Schnitzel. Port Knuckles. Nuremberg Smiigei, Hunpruo Goulash, Apple Struck) and mart OmMc Bratwunt. free-flow beer Singapore's days of belt-tightening are over. fWith prices like $14.50+++ for weekday lunch and $38+++ for Sunday brunch (including free flow beer and live jazz music), our panEuropean cuisine will certainly whet
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  • ASIA ON THE MEMO
    • 321 6  -  Wong Wei Kong {SINGAPORE] US fund manager J P Morgan Investment Management is putting more pioney in Malaysia with the Country now slated for re-in-clusion in the widely tracked Morgan Stanley Capital International (MSCI) indices, chief investment strategist Chris Durbin said
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    • 528 6 Govt likely to cut new spending in supplementary budget Reuters [TOKYO] Trade Minister Kaoru Yosano said yesterday the Japanese economy did not suffer a relapse after surprisingly strong growth in the second quarter, hinting that the government will offer less new spending
      Reuters; FILE PHOTO  -  528 words
    • 632 6 Deregulation expected to continue to draw foreign firms Reuters [TOKYO] Foreign direct investment (FDD in Japan will keep growing at a healthy rate in the coming months, keeping the yen on a firm footing as foreign firms look to buy into the Japanese restructuring
      Reuters  -  632 words
    • 445 6  -  US$ could test lows approaching 100 yen, predicts SG By! Larry Wee [SINGAPORE] Despite an impressive 235-point jump for the Dow last Friday, the US dollar continued to be bogged down in Asian trading yesterday, and continues to look most vulnerable against
      FILE PHOTO; Source: Reuters  -  445 words
    • 237 6 Bridge News [KUALA LUMPUR] Malaysia's central bank said yesterday that the Sept 30 deadline for preliminary agreements on the country's forced merger of its domestic banking institutions still stands, denying a news report which said the deadline has been brought forward
      Bridge News  -  237 words
    • 226 6 Bloomberg [KUALA LUMPUR] Malaysia's industrial output probably expanded in July monthon-month as factories produced more on expectations Asia's recovery from recession will fuel growing demand for computers and clothes. A rise in July would be the first gain in three months. The Statistics Department
      Bloomberg  -  226 words
    • 213 6 Reuters [BANGKOK] Thai Deputy Finance Minister Pisit Leeahtam said yesterday the busy work schedule of the International Monetary Fund's (IMF) board had delayed announcement of its review of the Thai economy for a week until Sept 14. Mr Pisit told reporters the
      Reuters  -  213 words
  • Page 6 Advertisements
    • 692 6 B The HourGlass Limited (Incorporated tn the Republic of Sirtgooore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 20th Annual General Meeting of the Company will be held at Mandarin Singapore, Room 831, Bth floor. South Wing, 333 Orchard Road, Singapore *****7, on Wednesday, 29 September 1999
      692 words

  • SOUTH-EAST ASIA
    • 558 7 SINGAPORE Donor countries moiling aid suspension, says World Bank Bridge News, Reuters INTERNATIONAL pressure mounted yesterday for UN intervention in East Timor, and Jakarta faced a chorus of criticism for letting violence in the territory spin out of control. Separately, the
      Bridge News,; Reuters; AFP  -  558 words
    • 343 7 REGIONAL BAJfK WOES Bloomberg, Reuters [BANGKOK] Thai Farmers Bank postponed a 24 billion baht (Ssl billion) share sale, it had scheduled to start this week, to settle problems with its insolvent Phatra Finance unit. The country's third-larg-est bapk last
      Bloomberg,; Reuters  -  343 words
    • 166 7 ■JAKARTA Reuters INDONESIA'S Parliament yesterday approved the setting up of a special parliamentary committee with sweeping powers to investigate a scandal surrounding Pt Bank Ball The committee will have the power to question anybody, including President BJ Habibie, in its
      Reuters  -  166 words
    • 220 7 BANGKOK Bank transparency lacking, says senator monitoring reforms Bloomberg KRUNG Thai Bank's non-per-forming loans were as high as 72 per cent of total loans in June and the bank needs 10 billion baht (*****.8 million) more to raise loan loss provision to meet
      Bloomberg  -  220 words
    • 293 7  -  It's also been invited to build a separate 350 km pipeline to Port Moresby Frrrm Brian Gomez in Sydney MALAYSIA'S Petronas Bhd has been invited to build, operate and own the Papua New Guinea (PNG) pipeline section of the US$3.5 billion (555.9 billion) PNG
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  • Page 7 Advertisements
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  • CHINA-HONGKONG-TAIWAN
    • 547 8 BEIJING New policy is Bering's latest attempt to boost economic growth Bloomberg AFP CHINA said it would spend 54 billion yuan (Ssll billion) to boost the incomes of 84 million of the country's poorest people through increases in wages, pensions and
      Bloomberg; AFP; FILE PHOTO  -  547 words
    • 258 8 TAIPEI Bloomberg TAIWAN said it will urge support for China's entry to the World Trade Organisation at a summit of leaders of 21 Asia-Pacific economies in New Zealand. "Taiwan and China are both important Apec members and it is in the
      Bloomberg  -  258 words
    • SINO Briefs
      • 68 8 Bridge News [TAIPEI] Taiwan's Central Bank of China (CBC) will fully open the stock market to foreign investment starting in 2001, the Chinese-language Economic Daily News reported yesterday, citing a recent CBC report to the nation's top economic planning body. Authorities currently
        Bridge News  -  68 words
      • 81 8 Bridge News [FRANKFURT] Germany's VW Audi unit announced yesterday the local production of its first premium Audi model in China for the Chinese market, in a move making it the first automaker to produce premium models for the home market and marking "a new
        Bridge News  -  81 words
      • 68 8 AFX-Asia [TAIPEI] A record 25 per cent of respondents said they favoured independence from China, a poll conducted by the Mainland Affairs Council (MAC) at the end of August showed. The number of respondents who said they wanted independence now or in the future,
        AFX-Asia  -  68 words
    • 184 8 HONGKONG Reuters THREE of China's four main state-owned commercial banks are interested in moving their foreign exchange dealing rooms from headquarters to Hongkong, a Bei-jing-backed Hongkong newspaper said yesterday. The Wen Wei Po daily quoted unidentified sources saying three of
      Reuters  -  184 words
    • 374 9 BEIJING Chinese market one of the fastest growing in the world Reuters CHINA'S insurance industry is set to expand at 12 per cent a year over the next five years, doubling premium volume, Yuan Li, policy research division director at the
      Reuters  -  374 words
    • 5 9 REUTERS
      REUTERS  -  5 words
    • 282 9 TAIPEI Jump unexpected but is still in line with govt forecast Bloomberg TAIWAN'S consumer prices posted their biggest monthly increase in two years in August, as faster economic growth helped fuel a rise in the cost of food and medicine. The seasonally
      Bloomberg  -  282 words
    • 181 9 SHANGHAI AFP EMPLOYEES and customers stole 25 billion yuan (515.1 billion) in merchandise from China's beleaguered retailers last year, the official Baokan Wenzhai reported yesterday. The report described the problem as having reached "shocking" levels. Huarun Wanfang, a retailer based in
      AFP; FILE PHOTO  -  181 words
    • 193 9 MELBOURNE Bloomberg ROYAL Dutch/SheU Group, Mobil and Enron appear to be front runners in a bid to help build a US$6OO miUion (SSI billion) liquefied natural gas project in China, Australia's leading gas marketing body sa'id. Arthur Dixon, the president of
      Bloomberg  -  193 words
  • Page 8 Advertisements

  • Page 9 Advertisements
    • 72 9 fit'm Ik W*m* •sub®"-"" v SSPi BPP *v~i At Deutsche Bank we are uniquely positioned to support our clients in markets around the globe. Our worldwide network gives us a powerful platform allowing us to deliver superior results. Local strength and expertise backed by the resources of an integrated global
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  • ASIA
    • 563 10 KOREAN CORPORATE RESTRUCTURING Move to prevent debt-laden chaebol's troubles from spreading to recovering economy Reuters KOREAN creditor banks, including Hanvit Bank, the country's second largest commercial lender, decided yesterday to directly run three of the 12 Daewoo Group units put under a debt
      Reuters; FILE PHOTO  -  563 words
    • 358 10 SEOUL Group co-chairman may also be called for questioning Reuters SOUTH Korean prosecutors were questioning the head of Hyundai Heavy Industries Co yesterday in connection with an investigation into alleged stock price manipulation, prosecution officials said. Two other top Hyundai Group executives Hyundai
      Reuters  -  358 words
    • 359 10 SEOUL Manufacturers say economy will keep growing despite Daewoo crisis Bernama Reuters, SOUTH Korea's finance minister said yesterday the top Ave business groups were expected to reduce their debt-to-equity ratio to less than 200 per cent by the year-end, with the exception of the Daewoo
      Bernama; Reuters,  -  359 words
    • 235 10 SEOUL Bloomberg (SEOUL) South Korea's direct foreign investment rose 47 per cent in July year on year as Hyundai Electronics Industries and other big companies stepped up investment in their overseas operations. The combined direct investment by Korean companies totalled US$45O million
      Bloomberg  -  235 words
    • 339 10 SYDNEY It comes oat way ahead of arch rival Moody's in Australasian survey Reuters A SURVEY on the performance of global credit rating agencies operating in Australasian markets has found Standard Poor's ranked a clear favourite ahead of its arch competitor, Moody's Investors Service. Conducted
      Reuters  -  339 words
  • Page 10 Advertisements
    • 1119 10 HIAP SENG ENGINEERING LTD. (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN that the 1999 Annual General Meeting of the Company will be held at 6 Benoi Place. Singapore *****7. on Wednesday. 22 September 1999 at 10.00 a.m. to transact the following business: ORDINARY BUSINESS 1. To receive
      1,119 words

  • THE WORLD
    • 423 11 FRANKFURT Figure above expectations, confirms economy is on path to recovery Reuters GERMAN industry orders rose at a healthy rate in July, beating market expectations and offering the first hard evidence that recovery in Europe's largest economy is underway. The German finance
      Reuters  -  423 words
    • 473 11 HAMBURG ECB may up interest rates by 50bps in Ql, says banker Bridge News, Reuters THE euro is likely to rise to around US$l.lO in the medium term, said Deutsche Bank executive board member Josef Ackermann in an interview with German newspaper
      Bridge News,; Reuters  -  473 words
    • 391 11 TOKYO Reuters BRITISH Foreign Secretary Robin Cook yesterday extolled the euro's early successes and said the Blair government would not let Britain "lose out by staying out" if the trend persisted. "Today I assure you that if the euro proves a stable,
      Reuters  -  391 words
    • 334 11 BERLIN Reuters GERMAN Chancellor Gerhard Schroeder's Social Democrats (SPD) were licking their wounds yesterday from two state election defeats and bracing for further setbacks in four more ballots over the next month. Chancellor Schroeder conferred with SPD leaders in Berlin to discuss Sunday's debacles
      Reuters; AFP  -  334 words
    • 425 12 LONDON Consumer group tells OECD to ignore delay tactics and approve e-commerce guidelines soon Reuters INTERNET shoppers are getting a poor deal from retailers and regulators and need to be protected by international guidelines for online commerce as soon as possible, a major consumers
      Reuters  -  425 words
    • 500 12 MOSCOW But he s&ys the gums involved are much lev than reported NYT PRIME Minister Vladimir Putin said in a television interview aired on Sunday evening that Russian law enforcement authorities were cooperating in an investigation of a suspected money laundering scheme involving Russian
      NYT; AFP  -  500 words
    • 377 12 PARIS AFP FEARS of computer chaos arising from the "all-the-nines" date of Sept 9, 1999 the ninth day of the ninth month are misplaced, experts say. In the shadow of the millennium bug, the glitch that computers with two-digit year-counters may encounter on Jan 1,2000,
      AFP  -  377 words
  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 190 12 <Ed 1 WHO PAGE? v WHO PAGfc? 0 That's right, with VPagePlus it's 'virtually' a pager in your mobde phone! If you have a Sing Tel pager and a Sing Tel mobile phone. M i. L OFFER 1 OFFER 2 you can receive all your pages on your mobile phone
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  • EDITORIAL & OPINION
    • 817 13  -  THE BOTTOM LDIB OPINION By Stephen Vines The writer was the founding editor of Hongkong's Eastern Express. His latest book 'The Years of Living Dangerously— Asia from Financial Crisis to the New Millennium'— will be published by Orion in November. This article originally
      817 words
    • 118 13 The marketplace is saturated. It's a relatively small country. Once your core gets bored, it's like a souffle —the whole thing collapses.' -MikeSoot&r editor of the US edition of Maxim, on why British publishers of the so-called laddie magazine are facing declining sales. 'You got me.' Martin
      118 words
    • 623 13 East Timor needs a UN force —now EDITORIAL THE people of East Timor have voted overwhelmingly for independence from Indonesia And President BJ Habibie has done the right thing by calling on the Indonesian people to respect the results of the United Nations-supervised referendum But it seems there are some
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    • 1195 13  -  The claims of pressure groups hostile to globalisation most be challenged By\ Martin Wolf FT IN 1997, according to the World Bank, the 10 economies with the highest incomes per head were, in order: Singapore, the US, Switzerland, Hongkong, Norway, Japan, Denmark, Belgium, Austria and Canada. Two
      FT; FILE PHOTO  -  1,195 words
    • 1056 13 Kcyttnktn global olialb SO I was having lunch the other day with a group of Taiwanese news editors, and I asked them if I could take notes on my computer. As I opened up my laptop, I joked that I hoped they didn't mind that I
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  • US OPEN
    • Article, Illustration
      997 14  -  Like it or not, the Williamses are changing attitudes on, and off, the tennis court, says BILL DWYRE BILL DWYRE LAT-WP The tennis world has this dilemma. It is called the Williams family. The tennis world knows that it needs this dilemma, because with the Williams family
      LAT-WP  -  997 words
  • Page 14 Advertisements
    • 1005 14 NOTICES To advertise call toll-free 1800-741 1883 Fax No^4ll^9B| systems automation limitedßHH W (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING M IB NOTICE IS HEREBY GIVEN that the Thirteenth Annual General Meeting of the Company will be held at 54, Serangoon North Avenue 4, Hi 19
      1,005 words
    • 771 14 I LJ LJ NOTICE OF ANNUAL I 1 GENERAL MEETING 1 H panpacmedia.com NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of Panpac Media com Limited will be held at 371 Beach 3B Road, «03-18 Key Point, Singapore *****7 on the 28th day of September 1999 at 10.30 a.m.
      771 words

  • EXECUTIVE LIFESTYLE
    • 518 15 VENICE FILM FESTIVAL Aadience squirm in seats over explicit scenes depicting sado-masochism Reuters [VENICE] The original book was banned in South Korea and the author thrown in jail. Now the film adaptation is causing a stir at the Venice film festival. Jang Sun Woo's provocative
      Reuters; AFP  -  518 words
  • Page 15 Advertisements
    • 508 15 Where to wine, dine and WMStSs "Shang yue" this Mid Autumn Festival with Plaza Rukroyal's delicious mooncakes available at Cafe Plaza or Si Chuan Dou Hua Seafood Restaurant. Mooncakes Lotus Seed Piste (Plain) $22 Lotus Seed Paste (Single Egg Yolk) $25 Lotus Seed Paste (Double teg Yolk) $28 Pandan Lotus
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    • 34 15 Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays IQD noon to 2.30pm (last order) Price: $28 RtvolviH Reservations: *****58/88 333 Orchard Road, Singapore *****7. Tel: *****11
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  • Page 15 Miscellaneous
    • 1102 15 CRYPTIC CROSSWORD 13 Moving music absorbing a ho--18 Serious result of Eastern in- fi volvement (7) 19 Significance of base in central SS| mm ljH| 9k hB mm. 22 Many work, having debts 1111 I I I aplenty (7) ZJIIIC^ 26 Check a supporter (4) itt IMP §B| aSi M|
      1,102 words

  • KNOWLEDGE ECONOMY
    • 1134 16  -  'Knowledge' also applies to products, processes, practices and customers By Abdul Rauf The writer is a business analyst and software consultant. Off line, he plays a neat game of tennis but invariably loses, lacking good 'knowledge'of the game. Reach him at raiiftnd@hotmaiLcom ISINGAPOREI SINCE the
      FILE PHOTO  -  1,134 words
    • 802 16  -  COMMSMTAXY There is no escape from the Internet Economy. This article offers Asia some pointers By Derek Willians ASIAN economies are tackling the toughest of questions from rebuilding sustainable economic growth to creating a knowledge economy. We are now speaking the language of growth again, and policymakers
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  • Page 16 Advertisements
    • 118 16 Got a question or comment? Please e-mail ebusiness@sg.oracle.com BT will respond to the e-mail Oracle the world's second largest software company is... IBM 6% Microsoft 9% IBM 18% mRKKE4&\ 1 No.l on the Internet HffiHj mm no.i in database Microsoft 5% Database Use/Top Web Sites* RDBMS Market Share** The world's
      118 words
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  • COMPANIES & MARKETS
    • 512 17  -  Company chalks up $2-2 m profit compared with $37m loss previously By Carol Eng (SINGAPORE] Analysts covering Yeo Hiap Seng (YHS) will be scrambling to revise their projections as the firm has reversed into the black with a $2.2 million interim profit This
      512 words
    • 278 17  -  OPH's 50% owned Hill Grove offers $90m bond issue By' Wong Wei Kong [SINGAPORE] Orchard Parade Holdings is raising funds again. Yesterday, lead manager Citicorp Investment Bank (Singapore) announced the launch of a $45 million secured bond issue by OPH Property (OPHP), a
      278 words
    • 659 17  -  HOCK LOCK SIEW Conrad Raj INFRASTRUCTURE contractor Ipco International, now under the control of Indonesian stockbroker Purwadi, announced about a fortnight ago that it was planning a restructuring and an injection of assets into the company to help get it
      659 words
    • 519 17  -  GOVT LAND SALES Govt land sales news already factored into share prices, say analysts By] David Boey [SINGAPORE] Property stocks held their ground in the face of a potential selldown arising from the government land sales (GLS) programme unveiled last Saturday by Mah Bow
      519 words
    • 427 17 Reuters [SINGAPORE] Real estate developers First Capital Corp (FCC) and Wing Tai Holdings are widely expected to show losses when they announce fiscal 1999 earnings due to insufficient provisioning, analysts said yesterday. Barra Global Estimates has consensus net loss forecasts
      Reuters  -  427 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • 424 18  -  MERC DISTRIBUTORSHIPS UNDER SIEGE Stock closes 6% down to $7; opinion divided on whether fall will continue By l Christopher Tan [SINGAPORE] News of blue chip group Cycle Carriage entering a third business can-making failed to halt the slide in its share
        Source: Bloomberg  -  424 words
      • 354 18 Bloomberg [HONGKONG] Jardine International Motor Holdings Ltd (JIMH) posted its biggest oneday fall in six months after it said it's in talks with DaimlerChrysler AG about sharing its exclusive Hongkong distribution rights for Merce-des-Benz cars, which generate as much as 45 per cent of its
        Bloomberg  -  354 words
      • 307 18  -  By, Jennifer Lien [SINGAPORE] Former stockbroker and investment banker George Thia's investment vehicle, Irisca Investments, will make an unconditional general offer for Form Holdings at Ave cents a share. This follows shareholder and stock exchange approval for the issue of 300
        307 words
      • 130 18 As of yesterday, 114 SES-listed companies had released their financial results for the six months ended June 30,1999. They recorded a combined $3,274.5m In group profits, Hp 70.8% over the same period last year. The total included niM foreign companies listed here. If they were excluded, total profits
        130 words
      • 296 18  -  By] Marissa Chew [SINGAPORE] Jacks International's UK motoring business continued to drive the company's earnings, helping to push interim sales and net profit up 15 per cent and 54 per cent respectively. The company chalked up $998,000 in profit for the halfyear
        296 words
      • 374 18  -  CORPORATE RESULTS Sale of keypad business seen hitting next year's results By i Carol Eng [SINGAPORE] San Teh, which is selling its core business of keypad manufacturing, saw its interim net profit this year more than double to $6.6 million. For the half-year
        374 words
      • 184 18 [SINGAPORE] Stringent cost control measures and better operating results in some subsidiaries have led to 10 per cent rise in group net profit of Zagro Asia to $914,000 for the half-year ended June 30 this year. This higher profit was achieved despite
        184 words
      • 365 18  -  Foods managers worry aboot potential breach of proposed ceiliog By' Teh Hooi Ling [SINGAPORE] Singapore Airlines directors wiU have the discretion to allow a shareholder or a related group of shareholders to hold more than 5 per cent of the
        365 words
      • 124 18 [SINGAPORE] DMG Partners Securities yesterday offered its voice-activated trading systems, along with Lim Tan Securities. The Stock Exchange of Singapore said the two firms are the first to acquire the system, developed jointly by its wholly-owned subsidiary Macro Vision and SpeechWorks International
        124 words
      • 286 18 BID FOR THAI BAKES UOB said to be front-runner, ahead of Citigroup Bloomberg [BANGKOK] The Thai central bank has delayed the announcement of the winning bidder for insolvent Radanasin Bank Pic tipped by local media to be Singapore's United Overseas Bank Ltd. It
        Bloomberg; FILE PHOTO  -  286 words
      • 148 18 [SINGAPORE] Inno-Pacific Holdings Ltd (IPH) has signed a memorandum of understanding (MOU) to buy Golden Harvest, an Aussie property investment company, for $36.9 million from Impress Eight (M) Sdn Bhd and Chew Swee Ann. The MOU is not legally binding and the terms are still
        148 words
      • COMPANY Briefs
        • 48 18 [SINGAPORE] MMI Holdings said it has appointed Alex Chan as chairman of its audit committee. Mr Chan is currently a non-executive director of MMI and an existing member of the audit committee. At the same time, Mark Geh has resigned as non-executive director.
          48 words
        • 112 18 AFX-Asia [SINGAPORE] LindetevesJaacoberg has reported net profit of $12.39 million for the six months aided June 30, against 110.24 million previously on a 15 per cent higher turnover of $75.88 million. Earnings per share rose from 6.5 cents to 7.4 cents. Interim dividend was unchanged
          AFX-Asia  -  112 words
        • 64 18 AFX-Asia [SINGAPORE] Hour Glass Ltd said it will seek its shareholders' mandate at the Sept 29 AGM to buy back the company's shares. It did not say how many shares it intends to buy back. The company said it will also seek a mandate to
          AFX-Asia  -  64 words
        • 56 18 [SINGAPORE] Shangri-La Asia and its concert parties now own more than 86 per cent of Shangri-La Singapore following the launch of its offer for the Singapore malnboard company on Aug 17. The offer, on the basis of 2.026 new shares in Shangri-La Asia for every Shangri-La
          56 words
    • COMPANIES
      • COMPANY Briefs
        • 63 19 AFP [TOKYO] Four Japanese chipmakers are to team up with a US firm to develop new microcontrollers for next generation portable information appliances with easy Internet access, a daily newspaper said yesterday. The four Mitsubishi Electric Corp, Hitachi Ltd, NEC Corp, and
          AFP  -  63 words
        • 54 19 Bloomberg [LONDON] Vodafone Airtouch Pic, the world's largest wireless company, said a link with Bell Atlantic Corp is among the options it's considering as the world's largest mobile operator looks to develop its US operations. The two agreed to split their existing wireless
          Bloomberg  -  54 words
        • 59 19 Bloomberg [SYDNEY] Seven Network Ltd, Australia's No 2 commercial television broadcaster, said second-half earnings plunged 68 per cent because of high programming and restructuring costs. It earned A 55.2 million (555.6 million) before one-time items in the six months ended June 26. That took
          Bloomberg  -  59 words
        • 51 19 Reuters [PARIS] France says now that French bank Banque Nationale de Paris (BNP) is merging with Paribas, it would be acceptable for the new bank to form European alliances. "Now that the market's period is over... European alliances are welcome," Finance Minister Dominique Strauss-Kahn said on
          Reuters  -  51 words
      • 267 19 Reuters [TOKYO] Japanese electronics giant Sony Corp said yesterday it plans to set up more production bases in Eastern Europe as it expects the region's economic importance to grow in the coming years. A company spokesman confirmed comments by president Nobuyuki Idei
        Reuters  -  267 words
      • 417 19 Reuters [MELBOURNE] The Australian government promised retail investors sizeable sweeteners yesterday to buy into the second-tranche privatisation of Telstra Corp Ltd, the nation's largest share offer. Retail investors will receive a discount of at least 40 Australian cents per share on the
        Reuters  -  417 words
      • 319 19 Company expects to get final proposals from interested parties by Sept 30 Reuters [JAKARTA] Indonesia's food giant PT Indofood Sukses Makmur said yesterday it expected to sell four units of its Bogasari mills by Nov 30. It has already announced plans to split
        Reuters; FILE PHOTO  -  319 words
      • 376 19  -  Move comes as Coca Cola Amatil lifts lock-up period From Al Labita in Manila FOOD and beverage giant San Miguel Corp (SMC) yesterday said it was pushing the sale this month of its 21.5 per cent stake in Australian bottler Coca
        Source: Bloomberg  -  376 words
      • 648 19 Gains offset by a USss2.9m charge for revamp costs Reuters, Bloomberg [HONGKONG] First Pacific Co Ltd's net profit fell 74 per cent in the first half from a year ago due to lower onetime gains on asset disposals in its restructuring programme.
        Reuters,; Bloomberg  -  648 words
      • 234 19 Reuters [PARIS] Finance Minister Dominique Strauss-Kahn said on Sunday he would ask France's Competition Council to examine the planned merger between retailers Carrefour and Pro modes. Mr Strauss-Kahn said he was concerned that the resulting company would have too much control
        Reuters; FILE PHOTO  -  234 words
    • FINANCE & COMMODITIES
      • 340 20 FT [SYDNEY] Merrill Lynch, the US broker and investment bank, is poised to become the first foreign group to take advantage of changes to Australia's foreign investment tax rules. The changes, which favour US funds managers over other foreign counterparts, were
        FT  -  340 words
      • 625 20 Pullout from Seoulßank talks has hurt HSBC chances to gain from region's recovery: analysts Bloomberg [HONGKONG] HSBC Holdings Pic, which last week walked away from talks to buy South Korea's SeoulBank, dented its chances to complete an acquisition to profit from
        Bloomberg  -  625 words
      • 304 20 Reuters [SINGAPORE] Barclays Capital plans to shift its swap book out of Tokyo to Singapore with the appointment of a new Asia-Pacific vice chairman, senior company officials said yesterday, "At this moment in time the interest rate swap book is
        Reuters  -  304 words
      • 327 20 Merging banks will also trim 250 branches to cut costs Bloomberg [TOKYO) The three large Japanese banks that have agreed to merge to form a global giant will enlarge the cost-cut-ting plans they announced last month. During the next five years, the
        Bloomberg  -  327 words
      • 342 20 Deal may result in savings of at least £130 m by end-2002 Reuters [LONDON] National Westminster Bank pic yesterday unveiled a £10.75 billion (5529.2 billion) agreed bid for British life insurer and fund manager Legal General pic, creating a new British financial giant. Nat
        Reuters; REUTERS  -  342 words
      • 239 20 Bloomberg [MELBOURNE] Salomon Smith Barney Australia, a unit of Citigroup Inc, said it bought the retail brokerage business of Australia and New Zealand Banking Group Ltd. Melbourne-based ANZ, Australia's No 4 lender, will transfer its entire retail unit which has 115 employees to Salomon's by
        Bloomberg  -  239 words
      • 234 21  -  STMEX Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market ended the day with modest gains yesterday. The market rose initially, inspired by the stunning 235point rise in the Dow Jones Industrial Average last Friday following the release of lower-than-expected August non-farm
        234 words
      • 158 21  -  MSCI Taiwan tatores Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures saw a technical rebound yesterday as bargain-hunting at the support level of 355 points triggered speculative buying by retail investors. In the cash market, com-puter-related shares led the Taiwan Weighted Price Index
        158 words
      • 243 21 ENERGY REPORT Reuters [LONDON] Oil prices were given a lift yesterday by an assurance from a senior Opec official that exporters will not ease output restrictions when the cartel meets in two weeks' time. Benchmark Brent crude in London traded
        Reuters  -  243 words
      • 302 21 Reuters London THE US dollar made little headway against the euro or yen yesterday as the subdued market looked ahead to the key economic data due out later in the week. The dollar's early gains, helped by political concerns in Germany, and its pullbacks, were short-lived as a
        Reuters  -  302 words
      • Article, Illustration
        997 21 DVTERBAMK CROSS RATES Sep t 05 SB EL Hiu y— ww m «anm N» SS —t vr m tm Hm* us*; ST 1042 0 960 tSt SIS 15 L 5! ¥5 *2! 2*25 It? 1447 "44 33.2W25JW 1087 3.884 0.*****.*****925 0.402 (U44 5 569 0.633 4 15? It 38 5.211
        997 words
      • 1649 21 SICOM FUTURES Sep RtJMKR (Marai cto*inq «it SJOpa) RSS1 CONTRACTU cmts/kq} CtOM VofcM Opto I— 5rtt |Xn) Ifmt Oct» 95.25 >400 *0* 99 97.75 350 0*99 100.75 200 JWMw 00 104.75 300 Apr/*" 00 »8.75 M&9 00 m.75 RSS 3 CONTRACT (US c«tts/M) Mm Omr HN* U*r Sttt (tOMWi) IwtTtft
        1,649 words
    • Article, Illustration
      1373 22 AFP Q Hang Seng *206.85 HONGKONG share prices rose 1.6 per cent yesterday as positive US economic data released on Friday eased fears that the US Federal Reserve would announce another interest rate increase, dealers said. "The market rose quite substantially in response to the strong gain on Wall
      AFP  -  1,373 words
    • Article, Illustration
      524 22 dropped 10.96 points to 611.64. —AFP, AFX-Asia Q Shanghai B Index -0.30 SHANGHAI'S B shares closed 0.7 per cent lower yesterday in response to price declines on the parallel market of locally traded A shares and continued uncertainty about Taiwan, analysts said. The Shanghai Stock Exchange's B Share Index,
      dropped 10.96 points to 611.64. —AFP, AFX-Asia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  524 words
    • 326 22 AFP □WPlndei +«5J7 TAIWAN stocks closed 0.8 per cent higher yesterday on strong buying in the technology sector, dealers said. "Buying interest mainly shifted to blue-chip shares in makers of notebook computers and motherboards on expectations of improved sales this month," said James Su of Master Link Securities. However,
      AFP  -  326 words
    • 2174 22 LONDON Mistrials Sa# 3 NM 3i Group 8.29 0.11 A&Pey National 10.44 0.31 A B Foods 4.31 0.06 A B Port! 3.39 0.04 AstraZeneca 24.82 0.63 Alliance L«c*st*f 8.53 0.07 Allied Domecq 5.84 0.09 Allied Zurich 8.01 0.35 Anglo American Gold 43.70 unch ASOA Group 2.19 -0.01
      2,174 words
    • 1621 22 AFP n Nikkei 225 *mg TOKYO share prices rose 0.7 per cent yesterday, following a weekend rally on Wall Street, as investors snapped up export-led and hightech issues despite the yen's rise against the US dollar, brokers said. "Gains in New York, particularly a powerfill rise in the Nasdaq
      AFP  -  1,621 words
    • KUALA LUMPUR STOCK MARKET
      • 8329 23 INDUSTRIALS Cmsmmt products Last Vo4 Day Nat Cap H*g* Law Ci»Mny »a*e POP mgH Low P/I $oH 440 255 Ajinomoto 320 20.3 129.7 174 46 Angkese 108 2 32 110 108 1592 404 220 Apollo Food Hlq 320 tl.1 128.0 294 115 BerJayaLand 200 unch 242 206 199 7.4 1386.5
        8,329 words
      • 408 23 AFP Q Composite Index +7.46 MALAYSIAN share prices ended one per cent higher yesterday due to local buying support amid anticipated strong corporate results, dealers said. "A measure of local buying kept the main index up but volumes were thin and the rises not very
        AFP  -  408 words
    • WARRANTS,OPTIONS & REGIONAL MARKETS
      • 2183 24 BONOS, LOANS 1 WARRANTS 2 W Last Vol Day Last Ouoto MVjO Low Stno Company S.I. »or- COOO) High Low Buyor SoUor Prlco 104 3 3160 A Acor ******1USS 44 -3.5 233 50 43.5 44 44 5 80 4.5 s 3164 Acma ******4 35 -0.5 67 38 35 33 36
        2,183 words
      • 180 24  -  Global Tech wrt may see profit-taking By Ven Sreenivasan THE warrant of Hongkong dollar-de-nominated handphone accessory maker, Global Tech Holdings, was the biggest percentage gainer on the bourse yesterday, leaping 35 HK cents or 25 per cent to HKSI.77 on a volume of 557,000 units. The underlying stock,
        180 words
      • 200 24 HONGKONG STOCKS Qf Qf V* Day LaaA Ouot* Dtv Ov yu hm y MH» L— Stm> Cowp-y Ml rOOO) MUD f, nurm U*, CV Wft jmf 365 173 5123 CDU*****HK 285.0 300 8 3.7 2 8 97 ***** 5124 Cithiy Pic 20c MK— 720 id 265 2.1 7.4
        200 words
      • Article, Illustration
        679 24 AFP |3 Composite Index -24.77 INDONESIAN share prices closed 4.4 per cent lower yesterday in an across-the-board sell-off amid concerns about violence in East Timor following the vote for its independence, dealers said. "The broad market was very weak today. People were selling and tried to get out of
        AFP  -  679 words
      • Article, Illustration
        874 24 AFP □SCT Index -7.04 THAI share prices closed 1.6 per cent lower yesterday on a lack of fresh leads, with investors concerned about the health of the banking and financial sector, dealers said. They said investors were also worried about the shortterm direction of the market, which failed to
        AFP  -  874 words
      • 321 24 AFP Q Manila *13.38 PHILIPPINE share prices closed 0.6 per cent higher yesterday on the back of a lower than expected inflation result for August. The Philippine Stock Exchange Composite Index gained 13.38 points to close at 2,168.47. Turnover reached 598 million shares worth 2.2 billion pesos from Friday's
        AFP  -  321 words
      • 410 24 AFP n Composite Index +32.60 SOUTH Korean share prices rose 3.6 per cent yesterday buoyed by last week's sharp gains on Wall Street as well as news that 10 Daewoo units will be placed under bank receivership, dealers said. The rise, led by Posco and semiconductor-makers, was also spurred
        AFP  -  410 words
      • 653 24 AFP F1 AD Ordinaries *27.7 AUSTRALIAN share prices closed up 0.9 per cent yesterday thanks to strong gains on Wall Street, dealers said. The Australian Stock Exchange's benchmark All Ordinaries Index closed up 27.7 points at 2,990.1. The All Industrials Index surged 51.5 points to 5,151.7 while the All
        AFP  -  653 words
      • 286 24 AFP W Wellington *1L56 NEW Zealand stocks rose 0.5 per cent yesterday but brokers said the gains were disappointing considering Friday's rally on Wall Street. The NZSE-40 Capital Index closed up 11.56 points at 2,150.32 on light volume of NZ$35.B million. —AFP «a»» 1 *f- r— AOvantaq* MOS 2.60
        AFP  -  286 words
    • 5758 25 S2*W% 6f Of M Wt HI** laat v«< Last Ou«t« Otv Dk *N M Cap Am Campany l«H fOOO) MUD Law Buyar taPar Cw P/« 3 Prto WH —hi 84 J* 5 m J ]S®° **"9* 35 «7 124 124 127 10 33 J.*
      5,758 words
    • 730 25 mi rg, j «c f a? a^a I I -3 S S 3 s „-i i i I' I sSI 11, f i J5. £5. P*j» HMgs. 51.5 -23 Mt MJ SI 91 SU JO 491 u 5 *006 eSTS?""* 2 T m m «N OJ NJ 319 n$
      730 words
    • STOCK EXCHANGE OF SINGAPORE
      • 314 26 •fiaatkiq M 25,771,000 Asia Footf&Prop USS 19,156,000 GoMm Agri UStOc 13.634,000 Sww«y Ml HKIOc 12.771.000 HotmQ lm NT5 10,806,000 Ea*e Brand HMgs HK75c 8,782.000 SJngTH 15c 8.742.000 *TanCkonqM50c 8,250,000 Holy MUSlOc 7,902.000 IMCorp«5c 7,799,000 SddB DBS 42,994,090 Sta«T«415c 26,919,519 PaddcCMtwy 26,579,200 U08 Foreign 24,960,855 OCBC foreign 24,116,988 CSC 18,446^39 "TanClwngintSOc
        314 words
      • 600 26  -  Early rally inspired by Wall Street gains fizzled ont ahead of yesterday's US market closure STOCK MARKET COMMENTARY By Ven Sreenivasan WHAT started out like a Wall Streetinspired rally for Singapore stocks yesterday fizzled out by mid-day because of weak
        600 words
      • ON THE GRAPEVINE
        • 112 26 MAYBE parking charges should be included as an economic Indicator. One of the few good things which the economic crisis threw up was cheapo parking. It looks like at least one shopping centre, Ngee Ann City, has hiked its rates, perhaps with an eye on the
          112 words
        • 112 26 THE government couldn't have picked a better day to unveil its much-awaited land sales programme for the year 2000. Held on Saturday morning, the media briefing chaired by Minister for National Development Mah Bow Tail gave ample time for property players to mull over the implications of the
          112 words
        • 57 26 THE advertisement for the Citibank Cathay Pacific visa card proudly aays: "Newcardmemberscannowbuyan economy air ticket on Cathay Pacific— and get another free. "Good deal it eeema, until you get to the prtcee. At $1,108 to Taipei and $1,918 to New York, tor example, that's nearly double what
          57 words
        • 135 26 CONSUMER banks the world over are constantly peddling their products, all at which are usually cleverly packaged to entice customers. But just bow good are these "goodiee" with which we're constantly bombarded with? Pretty bad, at least as ferae the UK is concerned. Which? magazine in its September
          135 words
      • Article, Illustration
        74 26  -  Wong Wei Kong DBS Land shares closed down 2 cents at yesterday with 3.73 million shares traded, compared with its 10-day traded average of 6.51 million units. The RSI, Stoctestics and MACD charts suggest that the stock may be in lor a spell of weakness. One good sign
        74 words
  • Page 17 Advertisements
    • 5 17 More results on Pg 18
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    • 276 17 Goods Services Tax I Workshops I PricewaterhouseCoopers is conducting another series of GST workshops in September, October and November. The workshops are particularly relevant for those responsible for preparing or approving GST returns in any industry. The course will provide a sound basis for handling the day-to-day GST transactions in
      276 words


  • Page 19 Advertisements
    • 84 19 MI8!S r MENTOR MEDIA LTD I (Incorporated in the Republic of Singapore on 21 April 1993) INITIAL PUBLIC OFFERING I Comprising I 40,000,000 Shares I at $0.25 each I Applications for the Shares may be made on printed Application Forms referred to in the Prospectus dated 30 August 1999. Applications
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  • Page 25 Advertisements
    • 53 25 gpy Multiply your wealth. I Ec uit y nve stment Account from Citibank, w O Gives you credit to invest in shares and interest on your positive balance. Jr What better way to multiply your money? C*" 339 7126 to open an account today. Or visit our website at www.citibank.com.sg
      53 words

  • Page 26 Advertisements
    • 1125 26 To make money from the market you need the best ideas. Get 323-3955. gg| BSBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 "uur aaugnter was reunited witn ner dog oni the very day the ad appeared!" Mrs Christine! Low... "Business picked up after wc advertised in
      1,125 words

  • SHIPPING TIMES
    • 316 27 Bridge News, Reuters A FEW handysize vessels were reported fixing from the US Gulf in late trade but with a holiday in the US yesterday, activity was at a virtual standstill. TANKEB& Persian Gulf very large crude carriers (VLCCs) continued to see rates climb as a shortage of
      Bridge News,; Reuters  -  316 words
    • 261 27 CWT attribution 1.20 -0.02 II ChiMHlV 137 -aoi 9*4 Cosco invaatmont UO -0.00 72 flrvtaMLMu 0J4 unch 1341 SB Mdtagt 0.92 -aoi 10 HaiSunHup 069 -aoi 462 IMCHoMngs-HK 5.60 unch 0 Jay» lliMtm 0.96 -001 62 JuranaShfcyartf —7.45 uncti 31 Koppa/Corp 5.40 005 7M luppaircu us -aoi 09
      261 words
    • 489 27  -  UK's Hanson Pacific inks 10-year tenancy pact, will invest RMS-10m in jetty By Marcus Hand [SINGAPORE] The Port of Tanjung Pelepas (PTP), Malaysia's new container port venture in Johor, has signed up its first customer, Hanson Pacific, and is attracting interest from
      489 words
    • Article, Illustration
      95 27 Ba^ glade J 1 Srru e billowing from an Indonesian-flagged ship Karya Sentosa aground near Bangladesh's pon over the weekend Port officials said pirates allegedly set the ship on fire after looting goods. The shin in 7,000 tonnes nee from India last year, but had since been
      REUTERS  -  95 words
    • 372 27  -  Move to force govt to proceed with privatisation plan for North Harbour From, Alec Almazan in Manila PORT workers at the Philippine's largest port the state-owned North Harbour at the Port of Manila are threatening to strike unless the government pushes through with its plan
      372 words
    • 178 27 [SINGAPORE] Classification society Lloyd's Register (LR) has formed a South East Asia technical committee (SEATC), to cater to the growing maritime industry in the region. With the formation of the committee, LR hopes Southeast Asia's voice can be heard when the latest edition of
      178 words
    • 168 27 [SINGAPORE] Kawasaki Risen Kaisha, better known as KLine, has restarted a dormant weekly service between Japan and the Singapore Straits. Officials from the Japanese shipping line say an increase in trading volumes between Japan and South-east Asia prompted the reactivation of the service. A
      168 words
    • 1001 28  -  PREVENTING STRIKES ON AIRCRAFT Conservationists find raptors are more palatable than using fireworks and firearms to keep wildlife off runways By' Tom Cahill Bloomberg (NEW YORK] AFTER using cannon, fireworks and shotguns to keep gulls and other birds away from aircraft, officials at John F. Kennedy
      Bloomberg; REUTERS  -  1,001 words
    • 183 28 PACE tyakUoyd 8 Ad 6 Dongnawa 3 •AW. 3 ECU Line t Accord 8 ECt 4 Appenship 5 Ewrgrtm 6 Austral 8 FoohqSob 8 Balaji Sltpq 5 6U 4 BSA 7 Geniartrans 6 B'tangMas 8 Hangli 7 CCW 7 Hanjin 3 CMA 8 Heung-A 4 COSCO 5
      183 words
    • 19041 35 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Heme Name NumOer Number SIN Dest'n Name Name Number Number 25/09 8/B COSCO *ESCR BRIDGE J930* 65-224B00 To ABIDJAN (ABJ) 2003 Cot* 0'I voir* turn 20/a choYang mj Valencia oom *****2212 NAM
      19,041 words
    • SHIPS IN PORT
      • 789 39 Vw < Voy Mo Srth jnjgj Popart to Kl", 521 «"S*2-Jo 04/09/20*0 2 *°V M 04/09/8:20 07/09/640 i*2*| jos ot/w/kio 07/09/6.oo Infill I III 49 J* 04/09/7:45 07/09,18 00 '***** J02 04/09/050 06/09/23:59 SH/»5 JB 01/09/9)5 04/09/1440 ft* SH/95 JB 04/09/9:15 04/09/16 00 Sf*»» 30 J03 04/09/10.*! 04/09/2340
        789 words
      • 1506 39 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/teUnco Rjtls SMp Voy Wo Ett/Btr Nriod Frow To Firm VMM MM »»T MO /VT» H MM« (MA* Mb Dm fr Tkw T. TkM fr ACI DAISY 02H S/Btt VHOO MM JVBM 2A H/T700 WjHt OVWOO 29 3V 'X 09C*.
        1,506 words
      • 193 39 Sep IB Japan: Respect of the Aged Day. Sap It Independence Day. Sep 23 Japan: Autummal Equinox Day. South Korea: Harvest Moon Festival Eve. Bep 24 South Africa: Heritage Day. South Korea: Harvest Moon Festival Eve. Taiwan: Mid-Autumn Festival Sep 28 Hong Kong: Day after Mid-Au-tumn Festival. South
        193 words
      • 779 39 THIS report compiled by Cockett Marine Oil Ltd. show* price ranges In US dollar* Instead at single prices for a more comprehensive description at the market Prion shown ire biMd on Avengesized stem. Market movements are indicated The Cockett Bunker Price index chance and the Individual
        779 words
      • 419 39 CfftM ttO Ma 990.6 0J H.9 0.09 43 0.05 Sap 2 toMitr Mtor IhMm Ask AlMiliilm Si—it Ho akoM C25 0 0 0 0 0 0 tt/> 310 AM 9*4.0 0.4 U.7 d07 29 OA tna MO MM 990.8 2-5 tt.1 0.13 70 0 M WW
        419 words
    • AIR & LAND TRANSPORT NEWS
      • 277 40 Bloomberg [DETROIT] General Motors (GM) and DaimlerChrysler offered the United Auto Workers (UAW) unprecedented lifetime employment guarantees as the companies vie to be the leader in industrycontract talks, union officials said. GM, the world's largest carmaker, also offered to hire "significant" numbers
        Bloomberg  -  277 words
      • 389 40 Greater capacity at Paris air hub, cost-catting help boost performance Bloomberg [PARIS] Air France, Europe's No 3 airline, posted firstquarter profit of 144 million euros (*****.8 million), up from 8.2 million euros in the year-earlier, strike-afflicted quarter, as it filled a greater
        Bloomberg  -  389 words
      • 260 40 AFP [TOKYO] Tokyo's airport authority applied for government approval recently for construction of a tentative runway at Narita airport to help handle traffic for the football World Cup finals in 2002, officials said. Toru Nakamura, president of New Tokyo International Airport Authority operating
        AFP  -  260 words
      • 218 40 Move to get European Commission's clearance: report Reuters [LONDON] Holidays group Alrtours is ready to sell some assets in an attempt to persuade a reluctant European Commission to clear its hostile bid for a UK rival, the Dally Telegraph newspaper reported
        Reuters  -  218 words
      • 140 40 [KATHMANDU, Nepal] Wreckage of a Necon Air turbo-prop airliner lying near some trees near Kathmandu on Sunday. AUlspeople aboard the airliner were killed when it hit a telecommunications tower and crashed on a hillside near Kathmandu, Nepalese rescue coordination officials said They said the cockpit voice
        REUTERS  -  140 words
      • 351 40 It's willing to take 10% stake in USsl3b bullet train project Reuters [TAIPEI] The Euro-Train consortium said recently it is willing to take a 10 per cent stake in Taiwan's US$l3 billion (5521.9 billion) bullet train, keen to help clear financial logjams and ensure
        Reuters  -  351 words
      • 73 40 [TOKYO] Honda employee Yuko Aoyama showing off their new hybrid vehicle Insight at the company's headquarters in Tokyo yesterday. The aluminium-bodied Insight, equipped with the new ultra-low fuel consumption one-litre gasoline/electric hybrid engine, achieves the world's lowest fuel consumption 0f35 km per litre. Honda will put
        AFP  -  73 words
      • 224 40 Reuters [HONGKONG] A pilot whose Jetliner made a rough landing In a 1994 storm, Injuring eight people, is suing Hongkong Dragon Airlines (Dragonair) and Airbus Industrie, claiming negligence on their part. In an endorsement of claim lodged in Hongkong's High Court last week, Dragonair captain
        Reuters  -  224 words
      • 1517 40 Cm FU6MT ETA FU6MT CTO >*7306 M8 S***** 2350 MataM* 8*7301 1930 8*7382 20SS LN6373 23SS 0T01 1930 0T82 2055 I 1 **8229 2230 Wh SOW MO »W0 0W5 LH6300 2230 g.M|rtn S0003 1905 C2354 0910 ***** 2230 CZ35I 2045 ***** 1020 Imtorim K1843 0435 6*972
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    • 14 27 Falcons save metal cousins Conservationists find raptors effective in keeping wildlife off runways.P»ge 2
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    • 463 27 MM seminar Global cargo transportation company, Emery Worldwide, The Maritime and ■■■hh Wf has named Teo Ser Luck Port Authority of 5? mm director of logistics and Singapore (MPA) 3£ ocean services for the is homing a half-day W^ Asia-Pacific. seminar on port SB Mr Teo will oversee all I
      463 words
    • 170 27 Air France Q1 profit soars to 144 m euros Greater capacity at Paris air hub, cost-cutting help boost performance. Back Page travels fast l\ Sl\( iAIM )KI when you v\ani to reach out to a select target audience in ihc transport and logistics industry onl\ one daih oilers \oii the
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    • 1437 30 DSR-SENATOR UHES TO UK/CONTINENT TOIiHMTEBHANEANCANADA gn WT BM Ifll IB W Wl IB FU gn WW Ml «T BK TO WJ MTU MMUM COLOMOO BBSM 17 M MM »H 2BM MM MM 30 M PAORCtaUTOH KM MM MM MM MM MM M 1« HNUM MVAMMH M7BW IBM 811 MM MM
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    • 1473 31 |VCT«et VOV KHH HKO SIN PKQ PQ6 PXB PMM IBA BM MAM TNYFOUM PCL-SllB 01/09 03/09 07/09 00/09 17/09 18/09 19/09 21/09 23/09 NUN BAAKERI PCL-Sll9 08/09 10/09 14/09 18/09 24/09 28/09 28/09 28/09 30/09 NUN SMAHRYAfI PCL-8120 18/09 17/09 21/09 22/09 01/10 02/10 03/10 08/10 07/10 NUN BAABAEI PCL-8121
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    • 478 33 i BSfl i. M MYANMA FIVE STAR LINE (Myaanar Notional Lino) w Loading for Yoigoo (Rangoon) VESSEL VOT SIM PRE KM PGU KING TUNG 4W SU> SAGAMG 6IW SU> MALAYSIA AGENTS: (OUSTIAD SHIPPING AGENCIES Ok Til (03) *****00 PRL TH (03) *****01 nt TH (04) *****0} PGU: TH (07) *****21/4
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    • 1220 33 HTUNDAI MERCHANT MARINE CO., LTD. I Vtssa VOT ISM I SOU ItH ITM ANT HAM MtV IB IVtSSa WT I SOM I 481 I RIMI I AMT I HAM IMV FB. SR4 a* SSSW 09/09 27/09 02/10 29/01 30/09 MONIIIOSA 52* 22/06 23/01 17/01 19/06 09/09 NOLMB 011W 10/09 01/10
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    • 699 34 VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT~~] PJN ULABBUM 121N In Pt 10/08 IVOQ 10/09 LIAOHE* 007 In Pt~ 11/08 ANANBHUM AA 129N In Pt 11A» VIRA BHUM 2778 08/08 10/08 12/09 NAHTABHUM" jjgt &m 11/08 12/08 QURU BHUM 1468 06/08 12/08 KOTA HARTA HTAOBI 08/08 12/09
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    • 286 34 INDONESIA NATIONAL LINE TO AUSTRALIA "1 WJU.COWTMNWagW»Cg n a m m jl JI _M m u an— nm«m _z_ ij£! iz/w »/w nm www w/wn/w w/w Ivwg/HM/WB^. WWH M* »VW»VW »/W 11/1* M/ 1« )«/>| mt li»ln/wg/wln/ul lwn|n/nIM/i>n;/n| FEEDER SERVICE TO INDONESIA va vot von ■mm r mmm w WT
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    • 46 35 I INTRODUCING OUR NEW FAR EAST USA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 FULL CONTAINER (every mon/wed/frd EXPRESS SERVICE MSC Agencies Ltd Turn To Pg 5 For Service From PASIR GUDANG/ SINGAPORE MIDDLE EAST/VIETNAM China Snipping (S) Agencies Pte Ltd JH CONTAINER UNE Pg 4
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  • Page 39 Miscellaneous
    • 130 39 LEGEND R Thunderstorm Temperature »q X\ y Shower Weather _X Wind drection.with speed in knots Rom \_J Cloudy Sky Wow h *'9 h Svrfoce winds ore indicated by arrows which «y witfi «Ke wind One fui circle represents calm or light ond variable winds J—One hotf Heche represents 5 knots
      130 words