The Business Times, 2 November 1999

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Total Pages: 42
1 42 The Business Times
  • 12 1 TheBusinessTimes MITA(P) 046/12/98 85c SINGAPORE Internet: http://bijsiness-times.asia 1 .com.sg/ TUESDAY, NOVEMBER 2,1999
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  • 64 1 sn 207X04 (+25.89) BT-SRI 79L33 (+0.92) SIKSCI FUTURES 28&50 (+1.00) STOCK MARKET INDICES Monday Change KLSE COMP 731.48 -I I;® NIKKEI _._17S96.9i >54.84 HANG SENG I4j322.ll ♦65.16 SET INDEX 391.55 -4.00 JAKARTA COMP. _595.«8 1j»1 MANILA COMP Closed TAIPEI WPI 7JS14J49 39.96 SEOIX COMP 876.55 +43.W CLSA CHINA
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  • 86 1 FOREX BATES ust si I'SS 1.661 £(l'SS/SS per 1.648 £737 El'RO(l SS/SS per E) 1.U58 1.758 DM 1J<4« 0.899 YEN 104.1 1,595* RM .IBM 0.437 HKS 7.770 Oil4 BAHT 3857 0.043 R1 P1AH 6.76-5 0.025* St to 100 units PRIME RATES SINGAPORE* 5.80 HttLA LUMPUR 7 26 JAKARTA (HI
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  • 1178 1  -  25% trigger point, partial offers among changes to be considered By l Catherine Ong [SINGAPORE] The Securities Industry Council (SIC) is reviewing Singapore's decadesold takeover code, including whether to raise the 25 per cent trigger point for a mandatory general offer. The stock
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  • 444 1 Set-up costs vendor just $600,000; buyer is Malaysia's Petra [KUALA LUMPUR] Barely three months old and costing Singapore's Mania Holdings only $600,000 to set up, cybermall Orchard-road.com has been sold for $20 million. The buyer is Petra Holdings, controlled by Malaysian businessman Vinod Sekhar,
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  • 989 1  -  ill exclusive Indonesian president agrees to give security guarantees By' Yang Razali Kassim (SINGAPORE] US$l6 billion, or nearly a quarter of the funds estimated to have fled Indonesia in the past two years, is expected to flow back to the country
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  • Page 1 Advertisements
    • 74 1 INSIDE BT Comment Lee Han Shih on whether the government will raise plot ratios for private land. Pg 10 Top stories MSCI disappointment sends KL market tumbling 1.5%. Next Page Mediaring.com to list on SES on Nov 19. Pg4 Stratech beats GLCs to win open bid (DOE project. Pg 8
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    • 20 1 Partial offers Page 4 Maintaining UK model Page 4 You can read thefull text of SlC'sproposal on BTonline, at http://business-times.asial.com.sg
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    • 73 1 wju %*w^k A jtt£ "*jSf H*J »y| v* f§ 11- 'Ssi^ You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after |j \*V^j|^M for the next generation. Begin your own tradition. -ir -fr Officer's Calatrava-ref. 5022 Roy Eastern Watch #01 86/88 #01 74 Lucky Plaza 304
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    • 7 1 Editorial: No Kwik fixfor Indonesia, Pg 12
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  • NEXT page
    • ON THE grapevine
      • 153 2 THINGS happen to people when they get consulted by the Securities Industry Council (SIC). Of the 22 market practitioners approached by the SIC for views on changes to the takeover code, four of them work for Merrill Lynch. Two Gary Stead, managing director of mergers
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      • 90 2 YESTERDAY'S joint press conference by the local banks on their Y2K readiness was no indication that they are prepared to put aside their instincts to outdo each other. Public relations officers from the five banks showed high anxiety about the media giving more play to
        90 words
      • 108 2 AUSTRALIA Television put out an urgent message yesterday and we feel compelled to pass it on. It said that due to a ruling by Singapore's broadcasting regulators to put a blanket ban on the live telecast of horse racing, Australia Television's transmission of the Melbourne Cup
        108 words
      • 98 2 EARTHQUAKES, while disastrous for everyone involved, have turned out to be a nice break for cash-strapped Iridium's satellite phone service, it seems. Last month's earthquake in Taiwan was believed to have helped Iridium, which has filed bankruptcy proceedings in the US, to become profitable for
        98 words
    • 639 2  -  Index sees biggest one-day fall in 2 weeks; Budget bines dampen interest From Ruth Wong in Kuala Lumpur DISAPPOINTMENT over a shock three-month delay in the re-inclusion of Malaysia in the Morgan Stanley Capital International (MSCI) indices sent the key stockmarket index tumbling
      Source: Bloomberg  -  639 words
    • 429 2 'Nothing is going to happen before May,' says exec director Reuters [HONGKONG] A quirk in the Western calendar which only happens every 400 years was behind a Morgan Stanley move to delay changes to its widely watched investment index, causing Taiwan and Malaysian
      Reuters  -  429 words
  • Page 2 Advertisements
    • 374 2 The world of eßusiness opportunities: Tools for the adventure With the evolution of eCommerce technology, companies can no longer take comfort in the traditional business models based on branch networks or human distribution channels. The trend is evident: eßusiness! Internet! Companies which recognise the immense power of the e-world will
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  • Page 3 Advertisements
    • 203 3 A. PATEK PHILIPPE GENEVE The Patek Philippe Sculpture Collection I. I f M I y ''?Jm&~ I ij I I Mjr I UHF I djt jl I The new Patek Philippe Sculpture Collection brings a Exclusively distributed by Cortina, t/ie Sculpture Collection contemporary blend of strength and sensuality to is
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  • SINGAPORE companies
    • 394 4  -  It aims to raise between $60m and $80mfrom mainboard listing By' Toh Han Shih MEDIARING.COM, a Singapore Internet voice communications company, will list on the Stock Exchange of Singapore (SES) on Nov 19, the company's chief operating officer Chua Kee Lock told
      394 words
    • 194 4 Reuters SINGAPORE Airlines Ltd (SIA) fell yesterday after its interim results on Friday which were below market expectations, analysts said. At the close of trading yesterday, SIA was down 50 cents at $17.10, with 3.7 million shares changing hands. "The lower share price is
      Reuters  -  194 words
    • 494 4  -  PROPOSED CHANGES TO TAKEOVER CODE Reports by Siow Li Sen MAINTAINING the UK model while revising the Singapore Code on Takeovers and Mergers will be less disruptive to the system, market practitioners say. More importantly, the UK is a very well-regulated
      494 words
    • 737 4  -  psMHiocksiiiar conrad raj AFTER years of telling everyone that its does not need to spin off its subsidiaries as separately listed entities, Singapore Airlines has finally decided to look into the possibility of doing so. The reason given then was that the cash-rich airline
      737 words
    • 445 4 Bourse could see more acqnisition bids: market players THE Securities Industry Council has proposed to make partial offers, with accompanying conditions, an option for parties eyeing a takeover of a listed company. If it comes to pass, market players said, the bourse could
      445 words
    • 233 4 PARKWAY Holdings shares jumped 7.9 per cent yesterday to close at $3.30 on the back of resurfacing rumours that the company had sold Parkway Parade for about $540 million to a property fund. The last one hour of trading saw the greatest movement
      Source: Bloomberg  -  233 words
    • 669 5 It's poised to deliver stronger results this year and write back more provisions AFX-Asia [SINGAPORE] City Developments Ltd said residential property sales in the second half will slow and very likely be below the total of the first. "Second half sales may not
      AFX-Asia  -  669 words
    • 205 5 MMI Holdings has appointed two former MNC top guns Hewlett Packard's Alex Chan and IBM's John Wong to new appointments. An independent director of MMI since its listing in 1997, Mr Chan was yesterday made executive director of the disk
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    • 458 7  -  Public will get 24.1 m; indicative pricing from US$O.l3 to US$O.lB a share By* Teh Hooi Ling CHINA Toll Bridges Roads (CTBR) is offering 240.6 million shares for its primary listing on the Stock Exchange of Singapore. The bulk of the shares 216.5
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    • 228 7  -  By: Marissa Chew MAKING its Sesdaq debut yesterday, IRE Corporation put up a good showing, closing the session with a 24 per cent premium over its initial public offer (IPO) price. IRE was offered at 23 cents and the counter
      Source: Bloomberg  -  228 words
    • 367 7 It says several parties keen on its 60% stake in project SOMERSET Holdings Ltd, formerly known as Liang Court, is in advanced talks to sell its 60 per cent interest in Tampines Finance Park. The Pidemco Land subsidiary said in a statement that
      FILE PHOTO  -  367 words
  • Page 4 Advertisements
    • 347 4 lUJ'.J.itjßHitachi Zosen I Keppel Hitachi Zosen Ltd I I (Incorporated in the Republic of Singapore) H Notice of Extraordinary General Meeting I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Keppel Hitachi Zosen Limited (the ■Company-) I will be held at the Conference Room, 325 Telok Blangah Road,
      347 words

  • Page 5 Advertisements
    • 231 5 ATTENTION EMPLOYER! Learn a lesson from us. Coffee with training can be highly ADDICTIVE! No queues, no travelling and no dozing off while you attend this training. Sit back and sip your hot coffee while cruising through our on-line training module in the comfort of your office or home. With
      231 words

  • SINGAPORE markets
    • 566 6  -  STOCKS r. sivanithy AS expected, local stocks continued their recovery yesterday in anticipation that the US interest rate front would be stable at least for now. The Straits Times Index, which rallied 44 points last Friday, gained another 25.89 points to end at
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    • 165 6  -  WARRANT WATCH By: R Sivanithy REGULAR readers will know that for deep-in-the-money warrants, two features can be expected a low or negligible conversion premium and poor gearing. These criteria apply fairly well in most instances but occasionally, anomalies appear which are
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    • 254 6  -  HOTSTOCK By' Teh Hooi Ling THERE'S no ambiguity in the technical readings of Roly International: all signals are pointing to a buy. The home decor products marketer was among the heavily-traded companies on the market yesterday. Some 15.8 million shares changed hands and
      254 words
    • 131 6 Singapore ♦9am. E-business: hype vs opportunity. Organised by Panpac Business Communications ♦10.30 am. Signing ceremony by Pontiac Marina Pte Ltd Citibank NA to mark the relocation of Citibank's Global Corporate Investment Bank in Centennial Tower ♦10.15 am. Compaq Computer Asia-Pacific, NETS and Visa International
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    • 528 6  -  CURRENCIES Asian currencies strengthen, S$ hits 10-month high, hot A$ gets clobbered larry wee THE benchmark US 30-year Treasury bond yield hit a one-month low of 6.14 per cent, and US stocks surged last Friday led by Nasdaq stocks which chalked up a new
      528 words
    • 468 6 Stocks VaiuBW 'Genting tnt 44,584,000 Chart Semiconductor 26c 26,982,000 IRE Corp 10c 21,378,000 MedtecsUS5c 19,502,000 Roty IntUSIOc 15,825,000 CMTetecomHK75c 15.715,000 GoWenAgriUSIOc 14,681,000 Wing Tai 25c 12.993,000 Asia Food&Pnop US$ 12,286,000 Fastech US10c 11,564,000 Stocks Chart Semiconductor 26c 136,841.850 SIA 64,872.392 0C8C v 36,242,464 DBSGrp 34,319,344 NatEleclOc 25,584,965 Keppei Corp 24,205,520
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  • Page 6 Advertisements
    • 165 6 Special Feature November 30, 1999 The tide has turned. The shipping industry has picked up dramatically in the past year. It's all systems go! Around the world, aging fleets have to be repaired, converted or z replaced and local shipyards can develop more market depth. z Shipping Times brings news
      165 words
    • 25 6 To make money from the market you need the best ideas. Get some, by signing up with DBS Investor Online at 323-3955. gj DBS BANK
      25 words

  • Page 7 Advertisements
    • 112 7 I There're many ways I to treasure your ■■■■n memories H f W a|Kf Rhema provides liftvan storage \t a I or P ersonal effects you have no I use for at the moment and do not B* wish to discard for sentimental or other reasons. I Store y° ur
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    • 412 7 ■MMI street smart .com wmmmammrnm mmm Hands up if you want 3^a more secure way of doing V business on the Net. If you don't have the latest in Net security, put both hands up. The Net opens your business to nearly a billion people. Which is why you need
      412 words

  • SINGAPORE news
    • 475 8  -  Family-owned firm secures deal to set op new system with $5.2 m quote Reports by Christopher Tan FAMILY-OWNED Strategic Technologies has beaten a field of big boys comprising government-linked companies to secure a prominent deal to set up an open system
      475 words
    • 264 8 HOMEGROWN high-tech company Strategic Technologies (Stratech) is slated to be "the biggest e-commerce player in this part of the world" when the COE openbidding system kicks off in the second quarter of next year, said founder and managing director David Chew.
      264 words
    • 387 8  -  Plan to make S'pore an Asia-Pac e-business hnb By, Andrew Wee MINISTER for Communications and Information Technology Yeo Cheow Tong yesterday said info-communi-cations would play a vital part in Singapore's economy. Speaking at an enterprise resource planning (ERP) conference, Sapphire '99 Singapore, he
      AFP  -  387 words
    • 405 8  -  By I Siow Li Sen FOR the first time, the five local banks have set aside their fierce rivalry and are wprking together to overcome a bigger concern, the Y2K bug. Starting today, the five DBS Bank, Keppel Tat Lee Bank, OCBC Bank,
      405 words
    • 187 9 SINGAPORE is now Australia's largest and fastest-growing chilled pork market, said Australia's Minister for Trade, Mark Vaile, yesterday at a visit to one of NTUC Fair Price's latest stores, at Hougang Point. In less than a year, Australian chilled pork exports to
      ARTHUR LEE  -  187 words
    • 464 9  -  Prices have firmed bnt margins still razor thin, says Borooge By] Engene Low ASIA'S demand for the base chemical polyethylene should grow annually by at least 5-7 per cent over the next 10 years, said Teuvo Kulmala, chief executive of petrochemical company Borouge,
      464 words
    • 333 9  -  I =4 on the economy labour By Eugene Low THE number of people who are hunting for jobs is coming down. At the end of August, there were 4,773 job-seekers on the Ministry of Manpower's employment service register, compared to the high of 7,859 at the
      Source: MOM  -  333 words
    • 41 9 IN our Oct 30 story, "WizOffice ties up with CyberWay, DBS unit", we reported that the company's sales target of $3 million will be reached by end-2000. The projection is for end-1999. We are sorry for the error.
      41 words
    • 240 9  -  mnua Eric Ang Teck Sin Singapore via Internet E-mail: btletter@sph.com.sg ANOTHER offer for Clob shares this time from a lady lawyer. Whenever I read this type of report, I feel not only disturbed but also insulted. We are approaching Y2K
      240 words
  • Page 8 Advertisements
    • 71 8 P* lH Br I 4 t* i jpk, SfE^f^iiF ■*A 4-^Ss^^^^^gtaP^' I *V. i4t nKiit# I I 4 j£ ilV;' m V -If r a Thfe first rule of fight club is... I JfjL < vou do not talk about fight club. W, t*' 3 mwJs A Mi c F
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  • Page 9 Advertisements
    • 62 9 <■ 'i'i'x&A v "vw i t r v > i* *,i -r fc? i 4.. s\ >t x -y* < < ~X i* ■V *t t m 4? 4 r#i '<<* is r t hM 9 >Jr J6 -T Jr MJm jy^BP^P?s•■ 4 f 4 i jf*\' Z jmm Y
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  • FOCUS property
    • 704 10  -  l-i comment PROPERTY These are expected to be areas which are popular with expats lee han shih WHAT is the chance of the government raising the plot ratios for private land? Pretty high, but probably not in the next round of review.
      FILE PHOTO  -  704 words
    • 451 11 Reuters [HONGKONG] Hongkong's property market woes could force up to 30 per cent of its estate agents to close shop by early 2000, said the president of the Society of HK Real Estate Agents, Louisa Sum. Her prediction reflects
      Reuters; FILE PHOTO  -  451 words
    • 187 11 Reuters [BANGKOK] Grade A office vacancy rates in Bangkok declined slightly to 40 per cent in October, property consultants Jones Lang LaSalle (JLL) said yesterday. But the consultants said in a statement they did not expect a market recovery unless new demand entered
      Reuters  -  187 words
    • 367 11  -  Big rise too in net allocation of JTC factory space By Marissa Chew [SINGAPORE) WITH the economy heading back on track, the take-up of industrial land and factory space is climbing, latest figures from the Jurong Town Corporation show. In the third quarter,
      Source: JTC  -  367 words
  • Page 10 Advertisements
    • 512 10 rr LARGE RESIDENTIAL 7 r W WY* DEVELOPMENT LAND f \\M\ AT DEVONSHIRE ROAD L /jf SUBJECT Parcel A Lot 578 58.1 80 sqft jl| 111 PROPERTY Parcel B Lot 1 02-2 7.026 sqft f-K /y fflfi S Parcel C Lot 102-3 and 1 02-4 1 3.692 sqft Tr——Trfef SSSBR
      512 words
    • 263 10 TSSST HSR INTERNATIONAL REALTORS PTE LTD PECK HAY MANSION Location :15 Peek Hay Koad Site Area 32,277 sq. ft. DGP 2.8 plot ratio; Up to 20 storevs l£\ CAIRNHILL HEIGHTS 1 J Location :16 Cairnhill Rise \i\ Site Area 15. 407 sq. tt. DGP 2.8 plot ratio; Up to 20
      263 words

  • Page 11 Advertisements
    • 255 11 9 QUEEN ASTRID PARK /§7 rj Legal Description Lot 257-20 MK 4 /0/ JMj Jfl Land Area 2574.9 sq m (approx. 27,716 sq ft) /W Tenure Leasehold 999 years /Qy jL Description Single-sty bungalow sitting on a regular shaped land plot with Storage 'C approx. 47m road frontage. It is
      255 words
    • 201 11 Collective Sale s.i« CUSCADEN TOWER Prime Freehold Residential Site Site Area: 38,412 sq ft WRI .i.fTjß DGP Plot Ratio 2.8; up to 30-storey BMC" Hi ZZ ,'S Walking distance to Orchard/ ;9 Scotts Road Shopping Belt s: I ZZI |fl| Walking distance to Orchard MRT station 3 Subject to Strata
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    • 422 11 COLLECTIVE SALE BY TENDER f Freehold Land Near Orchard Road f/ /<?/ FIW£ SAFETY Ideal for inner city living u/ Walking distance to Orchard MRT /\*xy Large land area of 54,798 sq ft LI f^Sc&k Plot ratio 2.1, up to 20 storeys 3>\ hwmons SUBJECT Excellent accessibility rrf Existing development-
      422 words

  • EDITORIAL & opinion
    • 771 12  -  OPINION harish mehta The writer is BT's Bangkok correspondent THE debate over whether genetically modified (GM) food is harmful to health will take centre stage today at a conference in Chicago where scientists, who have labelled GM crops "Frankenfood", are pitted against American
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    • 103 12 As New Zealanders arise numb from this morning's horror at Twickenham, politicians must pick themselves up to fight the election campaign.' -Simon Upton of the ruling National Party, on New Zealand's shock defeat in the Rugby World Cup. which has soured the national mood ahead of this
      103 words
    • 611 12 EDITORIAL THREE days into the job and Indonesia's new chief economics minister is already beginning to realise the enormity of the task he faces in pulling the countiy's devastated economy out of the quagmire. In his short press conference last week after officially taking office
      611 words
    • 1092 12  -  Central bank most do more to ensure sustained recovery; policy still looks too tight By: Martin Wolf TO PRINT or not to print, that is the question exercising Japan's newly independent central bank and its once almighty ministry of finance. The visitor to
      FILE PHOTO  -  1,092 words
    • 946 12 Food controversy THE debate about genetically modified (GM) foods has... been polarised between two giant economic groups. On the one side, there are the US food producers who have invested heavily in GM crops and technology and say their products are quite safe. On the other,
      946 words

  • MALAYSIA news
    • 366 13 KUALA LUMPUR Dr BL Move aimed at protecting phone firms which provide the infrastructure Reuters MALAYSIA is considering ways to protect telephone companies likely to see a reduction in earnings as users switch to Internet telephony, Prime Minister Mahathir Mohamad said yesterday. The government
      Reuters; FILE PHOTO  -  366 words
    • 223 13 KUALA LUMPUR Bloomberg MALAYSIA Airports Holdings Bhd, the country's sole airports management company, is expected to begin trading on the main board of the Kuala Lumpur Stock Exchange on Nov 30. The company, which operates all 37 airports in Malaysia, is
      Bloomberg  -  223 words
    • 318 13 KUALA LUMPUR Bloomberg TECHNOLOGY Resources Industries Bhd, Malaysia's biggest cellular phone company, told analysts it is in talks with its bondholders to defer US$53l million (*****.2 million) in payments on its euro bonds by as many as four years. The move comes
      Bloomberg  -  318 words
    • MARKET moves
      • 48 13 MAYBANK managed to buck the bearish market sentiment yesterday, rising 10 sen to RM12.90. The bellwether stock is still being touted by analysts despite the delay in the reinstatement of Malaysia in the Morgan Stanley Capital International indices by three months to May next year.
        48 words
      • 42 13  -  Compiled by Eddie Toh ROTHMANS of Pall Mall was the top gainer yesterday, rising 75 sen to RM27.25. The company has been spared from new taxes in the latest Budget ahead of a major election for the national ruling coalition.
        42 words
    • 319 14  -  I Am bank mergers Agreements signed with Utama, Arab-Malaysian banks suspended From] Diana Oon Abdullah in Kuala Lumpur WITH the latest changes to Malaysia's plans for bank mergers, the Affin Banking Group said its previously announced mergers with Bank Utama and Arab-Malaysian
      319 words
    • 239 14 KUALA LUMPUR Reuters MALAYSIA'S Shell Refining Co Bhd, a unit of Royal Dutch/ Shell, said its parent firm will reduce its stake in it to 60 per cent from 75 per cent because of a Malaysian government requirement as a condition
      Reuters  -  239 words
    • 517 14 KUALA LUMPUR Many analysts and politicians had been expecting elections in the third week of November Reuters MALAYSIAN Prime Minister Mahathir Mohamad said yesterday he was unsure if now was a good time for elections as doubts grew that he would
      Reuters; REUTERS  -  517 words
    • 358 14 KUALA LUMPUR Bloomberg MALAYSIA'S merchandise trade surplus narrowed in September from August, as the country's recovering economy pulled in imports. The trade surplus shrank to 6 billion Malaysian ringgit (552.6 billion) in September from RM6.7 billion in August, the Department of Statistics
      Bloomberg  -  358 words
  • Page 13 Advertisements
    • 940 13 Buy It Sen It Find It Classified. 2S[ Co// Today For Results Tomorrow. 1800-737-1166 If C£f PSJmL Clipsal Industries (Holdings) Limited (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE AND SCRIP DIVIDEND SCHEME Notic* of Books Closure Notice is hereby given that the Transfer Books and the Register
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  • Page 14 Advertisements
    • 358 14 W-lXt. I INAMA A C.O rui i)i (..VHM 'Wnxmkj.: iiiis < > i i w,• $J|Sb VK t r n oniTlVf 1-4 t Vl. :> ~0 v v J < ft i. x I K J 'v., 1A U i ni. .NI. V. V i- .iI here's one true gold
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  • SOUTH east asia
    • 708 15 BANGKOK Thai opposition to submit no-confidence motion against the rnling coalition Reuters AFXAsia, POLITICAL developments in Thailand, triggered in part by controversy over Krung Thai Bank Pic's non-performing loans (NPLs) and alleged mismanagement of the stateowned bank, are impeding the upside for the
      Reuters; AFX- Asia,; FILE PHOTO  -  708 words
    • 466 15 JAKARTA IMF doesn't have to wait till Bank Bali's folly settled, he says AFP, Reuters THE International Monetary Fund can resume its aid to Indonesia before the Bank Bali scandal is fully resolved, IMF Asia-Pacific director Hurbert Neiss said yesterday. "We don't have to
      AFP,; Reuters  -  466 words
    • NOTE Book
      • 58 15 Bloomberg [JAKARTA] Nine Indonesian companies in industries ranging from wood exporting to fish farming are poised to sell shares to the public for trading on the Jakarta Stock Exchange, Bisnis Indonesia newspaper reported. They include PT Bahtera Adiminda Samudra, PT Tirta Mahakam Plywood Industry,
        Bloomberg  -  58 words
      • 81 15 Bloomberg [JAKARTA] PT Indofood Sukses Makmur, the world's biggest maker of instant noodles, saw its nine-month profit jump tenfold helped by lower financial charges and stronger sales. Profit totaled 845 billion rupiah (Ss2o4 million), or 451 rupiah a share. Financial charges were reduced to
        Bloomberg  -  81 words
      • 70 15 AFX-Asia [JAKARTA] President Abdurrahman Wahid said the government would grant an amnesty to former president Suharto if he is found guilty of corruption during his rule, said Teten Masduki, head of Indonesian Corruption Watch. "How it will be implemented, whether it is similar to
        AFX-Asia  -  70 words
      • 106 15 Bloomberg [BANGKOK] HMC Polymers Co Ltd, Thailand's largest maker of polypropylene, said its creditors agreed to reschedule five billion baht (SS2IS million) of debt owed by the company. A total of 14 Creditors, led by Bangkok Bank Pel, Citibank NA and Banque Nationale De
        Bloomberg  -  106 words
    • 274 15 BANGKOK AFP SIGNS of tentative recovery are emerging in Bangkok's stagnant commercial property market as surplus office space is converted to other uses, a new report said yesterday. But the general health of the capital's property market remains weak, with around 40 per
      AFP  -  274 words
  • Page 15 Advertisements
    • 350 15 ,nm Y.- > «v^SH 1 ;-"2. < > W-V¥3> t /•.>•'.- :-J v.V:^\ r -v: M EteaV*«>4-iglciX^R^jSaßHl I I NAI I V R1 1)1 I ARI > WII 11 SO\! I i ll I B! iIINi) I I -'■< J3f IP r ■5 E*' ■y. ING THE NFAV A'AR; ;'XP
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  • Page 16 Advertisements
    • 2860 16 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Bg^^^ NOTICE IS HEREBY GIVEN that I, LUM KOK HENG of VBJalan Jamal Singapore *****4, have applied for a Beer House, Second Class Licence in respect of M/s Wall St Cafe located at 51 Telok Ayer St #02-25 Singapore
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    • 890 16 IN THE MATTER OF THE COMPANIES ACT CAP.SO AND IN THE MATTER OF ORIENT HERITAGE MARKETING PTE LTD tm Mia* in' WihiMiq U|ri<«lia) At on Extraordinary Ganard Matting of tHa obovanomad Compony duty convanad and Wd ot 2 HovWock Rood. #0608 Apollo Cntra Singapore *****3 on 1 Novtmbw 1999, lha
      890 words

  • EAST asia
    • 563 17  -  Economy expected to get psychological boost from accord reached yesterday Front Quak Hiang Whai in Hongkong THE Hongkong government will announce today details of its long-awaited agreement with Walt Disney Company to build a multi-billion dollar Disney theme park, a move expected to
      REUTERS  -  563 words
    • 444 17  -  Budget not enough to defend territory: defence ministry From Macabe Keliher in Ta ipei TAIWAN'S defence ministry, in a report to the central government on funding for next year, said its current budget was insufficient to protect Taiwanese territory. Defence Minister Tang Fei, standing before
      444 words
    • SINO Briefs
      • 54 17 Bridge News [HONGKONG] Hongkong-listed Legend Holdings Ltd posted an April-September 1999 interim profit of HK$l74 million (5537.3 million), a 63 per cent year-on-year jump. The computer maker and distributor's earnings per share (EPS) for the first half of the financial year came in
        Bridge News  -  54 words
      • 47 17 Bridge News [BEIJING] China is soliciting overseas investment to "sponsor and operate" an 11.9 billion yuan (552.4 billion) subway line. The Beijing Subway Company has also approached the World Bank, the Asian Development Bank and foreign governments for loans. Bridge News
        Bridge News  -  47 words
      • 36 17 Reuters [BEIJING] Major Chinese Internet portal Sina.com plans to launch an online auction site. Yesterday, Sina.com launched Sinamall a cyberspace store offering goods from personal computers to books and clothes. Reuters
        Reuters  -  36 words
      • 50 17 AFP [HONGKONG] Hongkong's leading electricity utility, CLP Power Hong Kong Ltd will maintain a price freeze next year. "This will be the second consecutive year in which the company has made no change in its tariff levels," CLP Power said in a statement. AFP
        AFP  -  50 words
      • 32 17 AFX-Asia [TAIPEI] The Securities and Futures Commission said it has approved one qualified foreign institutional investor application to invest US$lOO million (*****.7 million) in the stockmarket. -AFX-Asia
        AFX-Asia  -  32 words
    • 260 17 HONGKONG Bloomberg NEW World Infrastructure Ltd, which has interests in power plants, toll roads and ports in China, said it invested between HK$l5O million (Ss32 million) and HK$45O million in two US high technology companies. NWI spokesman Johnny Chiu declined to name the two
      Bloomberg  -  260 words
    • 268 17 HONGKONG Bloomberg SUN Microsystems Inc announced a number of e-com merce partnerships with leading Hongkong companies. including Cable Wireless HKT Ltd. as the world's fourth-largest computer server maker looks for ways to boost Internet usage. Sun signed a pact with Cable Wireless. Hongkong's dominant
      Bloomberg  -  268 words
  • Page 17 Advertisements
    • 118 17 Mirrco Shoe W Handbag Repair Master repair service f for all leather products 135 Middle Road #01-09 11Q H 1 Bylands Building Singapore *****5 JLd* JJ y |J X U OUTFOR I 17U 1717 IMPORTED QUICK SHOE SHINE EZVIvZL WORTH $3.50 WITH BILL ABOVE $20.00 Oracle, with its Strategic Procurement
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    • 94 17 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full oomfnee.management, corporate secretarial and professional administration services are available. I We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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  • SOUTH asia
    • 477 18 BOMBAY There're worries that investors may be unwinding large net outstanding positions Reuters, Bloomberg INDIAN shares tumbled nearly 4 per cent to a four-month low yesterday, the fifth straight day of declines. weighed down by technical factors and little fresh support, dealers said. The
      Reuters,; Bloomberg  -  477 words
    • 379 18 KARACHI General may ask for referendum to win legitimacy Bridge News, Reuters. Bloomberg PAKISTAN'S chief executive and military chief General Pervez Musharraf said investigations into deposed premier Nawaz Sharif were going on. and that he would be prosecuted under the law. "It is a
      Bridge News,; Reuters.; Bloomberg; FILE PHOTO  -  379 words
    • 155 18 NEW DELHI Reuters INDIA'S Oil and Natural Gas Corp (ONGC) plans to invest about US$l.5 billion (552.5 billion) in its Bombay High offshore oilfields to hike the recovery rate to about 40 per cent from between 26 and 28 per cent at present, the
      Reuters  -  155 words
  • Page 18 Advertisements
    • 88 18 P 6 I Early warning system. Being alert to global trends prepares you for the impact they will have locally. The International Herald Tribune detects the early warning signals and identifies the opportunities and the threats. Straight and to the point. Pick up your copy right away or to subscribe,
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  • Page 19 Advertisements
    • 116 19 I iJSL Blanc paiN j SINCE 1735 THERE HAS NEVER BEEN A QUARTZ BLANCPAIN WATCH. AND THERE NEVER WILL BE. o: 2123-1527-53 The first Tourbillon watch with an one week power reserve. Th e Slimmest in the World. screw-in crown and sapphire caseback. Water-resistant to 100 meters. Cortina Watch Centre
      116 words

  • WORLD news
    • 454 20 WASHINGTON Prices paid by factories at 4-year high; construction spending np Bloomberg US manufacturing cooled in October as new orders, production and exports slowed, a National Association of Purchasing Management survey of executives showed. At the same time, an index of prices paid by
      Bloomberg  -  454 words
    • 409 20  -  From. D Ravi Kanth in Geneva THE chief of the World Trade Organisation (WTO), Mike Moore, yesterday sounded alarms over the lack of progress on the draft blueprint for a new round of global trade liberalisation talks. He described the
      409 words
    • 362 20 SAN FRANCISCO NYT WITH an eye towards the convergence of the Internet and next-generation digital cellular networks, Motorola announced yesterday a new chip design meant to support a wide range of cellular telephone standards while offering more computer-like features. The new chip
      NYT  -  362 words
    • 425 20 FRANKFURT Reuters THE European Central Bank looks certain to raise interest rates at its meeting on Thursday, a Reuters poll of economists showed yesterday as ECB president Wim Duisenberg hinted an imminent hike was possible. More than 80 per cent of
      Reuters; FILE PHOTO  -  425 words
    • 247 20 TOKYO It plans to spend 700b yen to compete with HTTs service Reuters JAPAN Telecom Co yesterday said it plans to spend 700 billion yen (Ssll.l billion) in the next two years to begin a new mobile phone network service to rival a
      Reuters  -  247 words
    • 149 20 LONDON Bloomberg THE UK government plans to raise at least £500 million (Ssl.4 billion) through its sale of five mobile phone licences next year, according to the auction prospectus. Bidders for the five so-called third-generation licences. which enable faster wireless transfer of
      Bloomberg  -  149 words
    • 620 21 SEOUL It plans to increase cash liquidity of banks, trust firms faced with possible withdrawal wave Bloomberg, AFP THE Korean government is moving to protect the nation's investment trusts from a "black November" as customers threaten to pull more money out
      Bloomberg,; AFP; Source: Bloomberg; FILE PHOTO  -  620 words
    • 358 21 HONGKONG S'pore and HE banks ranked at forefront of Y2K readiness Bloomberg BANKS in China, Indonesia, and Pakistan are the most likely Asian financial institutions to see problems because of the Year 2000 computer problem, according to a new report assessing
      Bloomberg  -  358 words
    • 531 21  -  nTfanaTysis It will lead to the creation of huge financial corporations, wider range of services From Leon Hadar in Washington THE historic agreement reached last week between the Clinton administration and the Re-publican-led Congress to repeal the archaic banking law known as the
      531 words
    • 342 21 FRANKFURT Reuters, Bloomberg GERMAN insurance giant Allianz AG has bought a majority stake in US fund manager Pimco Advisors for US$3.3 billion (555.5 billion), making a quantum leap into the world's biggest asset management market. Allianz said the purchase of 70 per cent
      Reuters,; Bloomberg  -  342 words
    • 227 21 LONDON FT THE international fruit market was set to move online with the launch yesterday of FruitXchange, which allows produce to be traded over the Internet. Traders will be able to deal with each other in an online market backed by Fyffes, the
      FT  -  227 words
  • Page 20 Advertisements
    • 762 20 I BANCA COMMERCIALEITALIANA I (INCORPORATED IN ITALY WITH LIMITED LIABILITY ESTABLISHED 1894) HEAD OFFICE: PIAZZA DELLA SCALA 6, MILANO, ITALY CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31,1998 ASSETS (Millions of Euro) LIABILITIES (Millions of Euro) Cash and deposits with central Deposits: banks and post offices 514 Customer deposits 38,490 Other
      762 words

  • Page 21 Advertisements
    • 210 21 A MOMENT OF PRIDE. A LIFETIME OF it i^. v H| Macquarie University ]fo Bachelor of macquarie BVDHEV Business Administration (with option to specialize in Marketing) 5-star rating in areas of teaching, research performance, job acquisition and starting salary Single module structure to suit your busy work schedule Excellent quality
      210 words

  • FINANCE & commodities
    • 243 22  -  STftii-in Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market rallied on markedly improved volume yesterday on the heels of Wall Street's firm closing last Friday and amid an easing of US rate hike concerns. Electronics and property counters were
      243 words
    • 204 22  -  MSCI Taiwan fixtures Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures slid as Morgan Stanley Capital International decided to delay the increase of Taiwan stock weightings due to possible computer problems in the year 2000. The November *99 contract tumbled
      204 words
    • 221 22 ENERGY REPORT Bloomberg [NEW YORK] Crude oil rose yesterday after Royal Dutch/Shell Group warned customers that oil exports from Nigeria will be delayed this month by civil unrest. Shell, the biggest foreign oil producer in Nigeria, said late on Friday it
      Bloomberg  -  221 words
    • 289 22 Reuters London TIIK <*(ir«> was firmer across the Ixuird yesterday, supported by growing expectation that the European Central Hank would raise interest rates at this week's governing council meeting. Kven though perception the market had already priced in higher ECB rates had depressed the euro over the last
      Reuters  -  289 words
    • Article, Illustration
      1211 22 DtTERBAOTL CROSS RATES iVot C$ »wfc Euro ffr pw HH$ tod ti »upHh Ym Won Ml <Z$m» Pwo S$ Bud Sfr WT$ 8«fct hm* USS J 093i f-JH 3 3-9M 1180 4.961 27.701 43.195 0.665 7.632 2.426 1.254 33.103 25.575 1.060 3.924 0.96* 20.260 24.627 0.388 0.639 <S* M3 4220
      1,211 words
    • 1829 22 81C0M FUTURES jy ov i RUBBER (futures cIos*kj ts at 5.30pm) RSS1 CONTRACT(5 ctnts/ty) Clot* Volume Open Mowttl jjjjjj Lo« Sett (tow—i) tntamt Dtc99 1 123.25 I 1200 J*»00 126.75 wo 00 129.25 100 00 131.25 100 RSS 3 CONTRACT (US cents/kg) Volume Open KKM* Low Sott (towm) Merest D"»
      1,829 words

  • STOCKS east asia
    • 2861 23 HONGKONG AFP Q Hang Seng +65J6 HONGKONG share prices rose 0.5 per cent yesterday on selective buying following gains at the end of last week on Wall Street, dealers said. "The gains were made on the back of a strong US market"
      AFP  -  2,861 words
    • Article, Illustration
      1026 23 Reuters Q Shenzhen Binder -189 SHENZHEN'S B shares ended lower for the third straight session yesterday, in line with the domestic A share market, on the belief that the earnings prospects of most listed companies were bleak, analysts said. The B share index slid 2.89 points, or 3.61 per
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,026 words
    • 370 23 AFP □WP Index -39.96 TAIWAN share prices closed 0.5 per cent lower yesterday on news that Morgan Stanley Capital International had delayed raising Taiwan stocks' weighting on its indices by three months, dealers said. "Investors took to the sidelines as they worried the delay would add more uncertainties to
      AFP  -  370 words
    • 2007 23 TOKYO AFP HWMwMS *54^4 SHARE prices in Tokyo rose 0.3 per cent yesterday, lifted by information-technol-ogy stocks feeding off the sharp increase on Wall Street last week, brokers said. The key Nikkei average of 225 selected issues gained 54.84 points to close at 17,996.92. The
      AFP  -  2,007 words
  • Page 23 Advertisements

  • STOCKS klse
    • 7926 24 INDUSTRIALS Consumer products L»»t vol Day Net Cap Hlfh Lear Cawp—y Sale OOP Hlqfc L— Pfg tn* 440 255 Ajtnomoto 310 (97 ,25* 174 46 Anqkasa 92.5 -2.5 7 94 92.5 136.4 404 220 Apollo Food Hlq 310 -14 1 310 310 7.4 124 0 294 115 Beriaya Land 177
      7,926 words
    • 407 24 AFP, AFX-Asia n Composite Index -1L39 SHARE prices in Kuala Lumpur fell 1.5 per cent yesterday after Morgan Stanley Capital International (MSCI) announced it was postponing Malaysia's reinstatement to its influential indices next year, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell
      AFP,; AFX-Asia  -  407 words
  • Page 24 Advertisements

  • SES clob & regional stocks
    • 3165 25 R01IDS WARRANTS W Liflry i*—', A iJrt 0*t UstOMte Avf tisMi C«w Ejmt UtHI MMm r 1 M COM) M# Lot Beyer Mi Mn MM W» Swna*2 un •04 10.5 S 3160 "AcerW*****1USS 41 unch 106 41.5 40.5 40.5 41 33.1 1 '56 81 266 20 80 14 s 3164
      3,165 words
    • Article, Illustration
      792 25 AFP n SET Index -4 THAI share prices closed down one per cent yesterday, failing to sustain early gains amid across-the-board profittaking in the afternoon, analysts said. Trading volumes fell by more than half as investors adjusted their portfolios after Friday's heavy trade, they said. The Stock Exchange of
      AFP  -  792 words
    • Article, Illustration
      691 25 AFP Q Composite Index +L2l INDONESIAN share prices closed 0.2 per cent higher yesterday amid gains on Wall Street last week and ahead of talks with International Monetary Fund officials here this week, dealers said. The Jakarta Stock Exchange Composite Index closed up 1.21 points at 595.08. The rupiah
      AFP  -  691 words
    • 295 25 AFP Wellington ♦ii.au RURAL support company Wrightson was a surprise star in otherwise subdued share trading yesterday after Ron Brierley's investment vehicle, GPG, which is courting the firm, lifted its stake in it. The NZSE-40 Capital Index rose 0.5 per cent or 11.28 points to 2,096.41. AFP ■ft roeo)
      AFP  -  295 words
    • 597 25 AFP Q All Ordinaries +10J AUSTRALIAN shares closed up 0.4 per cent yesterday thanks to a strong lead from Wall Street and a lack of anxiety over a widely-tipped hike in domestic interest rates this week, brokers said. The All Ordinaries Index finished up 10.5 points at 2,895.6. The
      AFP  -  597 words
    • 293 25 AFP FlCbmjwate Index +4104 THE Korea Stock Exchange Composite Index rose 43.04 points to 876.55. Volume was 345.4 million shares worth 3.91 trillion won. —AFP ■»»i wmi AnamSanti ***** 350 Brain Tech 2150 55 Central Bank 3000 1®0 CheflComm ***** 2900 Dm Go Bank 4800 370 DaeiariqCorp 4380 80
      AFP  -  293 words
  • Page 25 Advertisements
    • 214 25 DBS Flash. Gets you moving sooner. I* l m things can move very fast. Which is why if you re waiting for your IPO Share Financing allotment results, through your existing Sing Tel mobile application results to be released or wondering if financing is available, phone or message pager. So
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  • EXEC lifestyle
    • 605 27  -  After their great upset, dare we breathe when the French meet Australia? By\ Shahiron Sahari [SYDNEY] Just when Rugby World Cup 1999 was going along its predictable merry way, along came the French to blow the whole thing wide open. France, written off as no-hopers
      AFP  -  605 words
  • Page 27 Advertisements
    • 423 27 Where to wine, dine and entertain..." -Offering the lowest interest rate in town 290 4545 Dine on Cafe Plaza's sumptuous authentic Thai buffet for lunch and dinner, along with attractive lucky draw prizes to be won! Buffet Lunch Dinner: £22.50 (Adult), 50% discount (Child) For reservations, please call 290 8218/298
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    • 33 27 mm Revolving 39th floor A Festival ofWmes the Cuisine <rfAb*to, Italy 2-14 November 1999 Reservations: *****58/88 ENETO, XIA!| Mandarin Sugaporr StWX: 333 Orchard Road. Singapore 2)8867 fel: 737 4411 Fax: 732 2361 ■hhbbhhhbhhc
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  • Page 27 Miscellaneous
    • 839 27 CKVITIC CROSSWORD 28 Runs in turn in time no need for 19 (3-4) 13 To irritate a six-footer is dar YESTERDAY'S SOLUTION 29 Oranges do transform duck! ing (7) (9) 15 Detain suspect (9) Bnß i ffIEBRBAmoWrB DOWN 16 Yet again the administrators ■fmmUwmelalrUsUgM 2 Oriental flier, a trainee, going
      839 words

  • KNOWLEDGE economy
    • 1127 28  -  The Knowledge Matrix is a grid to help managers in a dynamic world, reports teh hooi ling TEH HOOI LING THERE'S a dearth of management tools in today's Information Age. Tools of yesteryear are not quite applicable when a company's most important assets are
      Source: CJ Meadows, Christopher Marshall  -  1,127 words
    • 725 28  -  Managing data and analysing trends are crucial In customer relationships lhf\ Harry Chopra The writer is vice-president of customer management solutions, NCR Asia Pacific CUSTOMER Relationship Management (CRM) has suddenly become a buzzword this year. But what exactly is it? The word "relationship" can
      725 words
  • Page 28 Advertisements

  • SHIPPING TIMES
    • 296 29 Bridge News, Reuters TRADING ended the week last Friday quietly with Panamax rates weaker in the Pacific and steady to slightly firmer in the Atlantic. In the Atlantic, there was a report of ABT fixing the 1997-built 72,272 deadweight tonne Melodia with spot delivery Lulea for a 2-laden
      Bridge News,; Reuters  -  296 words
    • 307 29 SES *000 i«j w CWT Distribution UO 0.06 57 Chuan Hup 1.80 0.03 1700 Cosco Inyastmant 1.13 0.07 47 Fraight Links 0.31 0.01 658 G6 Holdings 0.82 0.02 14 Hal Son Hup 0.67 0.03 471 IMC HoMings-HK 5.60 unch 0 Jaya Holdings 0.94 0.03 131 Shipyard. 7.65 unch
      307 words
    • 489 29  -  Scheme will later be extended to other centres in India and other countries Reports by, Ann Toh [SINGAPORE] The Association of Marine Industries (ASMI) will accredit three centres in Chennai, India, to train and test workers for the marine industry in
      489 words
    • 280 29 [SINGAPORE] Despite signs of economic recovery, 1999 remains a challenging year for the shipbuilding sector due to intense overseas competition, but local shipyards are well prepared to handle it, Manpower Minister Lee Boon Yang said at the Association of Marine Industries' annual dinner and
      280 words
    • 155 29 Reuters [BRUSSELS] Total traffic through Zeebrugge port rose by 6.6 per cent to 26.67 million tonnes in the first nine months of 1999, port authorities said. At the end of the year, it expected total traffic to rise to 35 million tonnes versus 33.4
      Reuters  -  155 words
    • 555 29 Bloomberg [TOKYO] Kawasaki Heavy Industries Ltd, Japan's secondlargest maker of ships and heavy machinery, posted worse-than-expected first-half earnings as the strong yen eroded the company's overseas revenue. The company, which also makes military aircraft, bullet trains and motorcycles, had a
      Bloomberg  -  555 words
    • 325 30  -  MAILBOX Leigh Smith Editor Lloyd's List London United Kingdom PERMIT me to offer a mild criticism of the fierce editorial denunciation of Lloyd's List in your Strait Talk column of Oct 6. It was sadly selective of the several important points which
      FILE PHOTO  -  325 words
    • 303 30 SHIPPING Times replies: We wonder if the proposed European directive has been fully understood. It is not primarily about safety. It is about conditions of employment. Nevertheless, it is profoundly insulting to "non-Eu-ropeans" that Lloyd's List should advocate discriminating against them in
      303 words
    • 263 30 SHORTSIGHTED and short termist is the attitude of the European Community Shipowners' Association (ECSA) to the European Commission's proposed directive on passenger vessel manning in the European "pond". There are some 15 million people unemployed in European countries, and European shipowners have no
      263 words
    • 197 30 PACE Djak Lloyd 8 ACL 6 Dongnama 3 ANL 3 ECU Line 6 Accord 8 £CL 4 Appenship 5 6 Austral 8 8 Mji Shpg 5 G Linil 4 Gemartrans 6 BSA 7 Hangli 7 B'tang Mas 8 Hanjin 3 CCNI 7 Heung A 4 CMA 8
      197 words
    • 19973 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Oest'n Name Name Number Number 17/11 13/12 Evergreen E GATHER 0312-085W 65-392im To ABIDJAN (ABJ) 2003 Cote D'lvoire ir/n 13/12 men Hung prosperity contain pc*»s 65
      19,973 words
    • SHIPS IN PORT
      • 718 41 Vessel Voy No Berth Arrival Departure JvrMf hrt *llorvi Bay I JOfl 01/11/2:20 01/11/23:00 9910 Jfl 01/11/715 02/11/20 00 Bt R8 3296 2099 JOI 01/11/8:00 01/11/17:00 8t Putra 88 1(199 JOI 0l/n/8:15 01/11/23 59 Katfio Mjru 25 J03 01/11/1105 01/11/16 00 B« Hotry I *****9 JOI 01/11/9:50 01/11/23:00
        718 words
      • 2037 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ACHIEVER 694 J/600 2A 31/1 TOO 01/0651 01/0900 28 31/1700 01/0659 01/0900 3 01/0700 01/1159 01/1400 4 01/1200 01/1459 01/1700 AM8AS BRIDGE 92E 4/10 00 2* 31/1700 01/0659 01/0900 H
        2,037 words
      • 153 41 Nov 3 Japan: Culture Day. Nov 5 Brunei: Meraj. Nov* Indonesia: Ascension Day of the Prophet Muhammad SAW. Sweden: All Saints Day. Nov 7 Malaysia: Deepavali. Singapore: Deepavali. Russia: Day of Unity and Reconciliation. Nov 11 Belgium: Remembrance Day. Canada: Remembrance Day. France: Armistice Day. Nov 12 Taiwan:
        153 words
      • 776 41 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated The Cockett Bunker Price Index change
        776 words
      • 583 41 Carbon I 180 Mo 991.1 1.2 17.8 0.09 60 0.09 Oct 21 Density Water Residue As* Aluminium Sediment No above E25 1 1 II 0 0 0 380 Ave 969.1 0.4 0.4 0.06 28 0.02 Uiw 380 Mai 995.5 0.9 18.1 0.08 47 0.04 »6/W3 v/v
        583 words
    • AIR & LAND transport
      • 719 42 Prior to the latest incident on Sunday, two Boeing aircraft and one McDonnell Douglas have crashed since 1996, killing 685 people AFP [WASHINGTON] The crash of a Boeing 767 early on Sunday is a new setback for the world's largest airline
        AFP; REUTERS  -  719 words
      • 551 42 Both accuse each other of impropriety in battle for control of airline industry Reuters [TORONTO] Air Canada and Onex Corp traded accusations of impropriety in the heated dogfight for control of Canada's national airline sector. Air Canada, the country's biggest air carrier, said
        Reuters  -  551 words
      • 481 42 Arthur Wolk handled first US settlement from Swissair flight 111 crash Reuters [PHILADELPHIA] An inter-nationally-known, US-based aviation lawyer has announced that he is donating a portion of his fee to establish a panel of unbiased experts to study and recommend
        Reuters  -  481 words
      • 302 42 Reuters [SINGAPORE] Sri Lanka's SriLankan Airlines and South Korea's Asiana Airlines separately announced yesterday that their aircraft will be grounded over the critical Dec 31 period over fears of possible problems arising from Y2K, or the millennium computer bug. SriLankan aircraft will
        Reuters  -  302 words
      • 1769 42 pit njBtr no fuaff no bw ws som zm 8A7381 1930 8A7382 2050 Fr«*tw1 LH6372 0705 BA7305 2245 0f81 1930 0f82 2050 $025 0705 0F5 2245 AM8229 2230 BA7306 1840 LH6373 2355 LH6380 2230 W WO S82> 2» SOO> WO FukuoU S0989 1540 S0990 0125 Amsterdam
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  • Page 29 Advertisements
    • 432 29 nor!? SSI ron oesiqn and operation technology The Maritime and Port Authority of Bv jlH Singapore is organising a seminar WT on port design and operation H _a JH technology on Nov 4 and 5 at V J ]fl the Pan Pacific Hotal. For more Pf information, call *****23 IF
      432 words
    • 399 29 Egypt Air crash a further jt. setback for Boeing -JJ Back page A two-day, practical workshop oa Reengineering Supply Chain 24fh-25tli November 1999, Concorde Hotel, Singapore WHO SHOULD ATTEND? Daks and stradm imwfil process of CONTINUAL Wc? Presidents, Directors. Managers, Anahsts,Project Managers. IMPROVEMENT MIS/IT Directors and all Professionals h-ho are
      399 words

  • Page 30 Advertisements
    • 719 30 18UPEB SHUTTLE EXPRESS (863Q 1 loutf KARACHI EX >RESS (QKX) 1® "HT— WUW VlSSfl VOY DIM lAN KWY NA m rmm wmm g| OOQ JAPAN 34W541 13/10 31/10 OOQ ORNA 3SWS42 20/10 07/11 Of/11 PtO NBUOYD MEIOOOIM 041 M/ 10 72/10 24/10 20/10 27/10 01/11 05/11 04/11 OOdMITAM 2SWS43 27/10
      719 words
    • 710 30 L)ne 4 services represented Members ot the Registry of Accredrt#d st> *PP in g Agents. National Shipping Assoc 4ffct Members ot the Singapore Freight Forwarders Association ULY UNE MALE IVKSU VOY ETA flu [~ITA P. KLAKG SfOtt mum Empress Lily V 0699 09/11 14/11 20/11 Princess Lily V 1099 25/11
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  • Page 31 Advertisements
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    • 1963 31 @HANJIN SHIPPING jikPl -Me *****30 H*"*" «*HNG (S) PR ITO hr* //wm hoi*< aw 100*1* *****35 737 SAUS *****74 731 OOCUMM *****71 774 OPKATKm *****50 751 NUN INK *****55 "< 777* M fl NO lISW3OOOON TO NW USA CANADA USA CANADA* I FO#VSI/VOT w SHSiTvoi M M M Io« 1
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    • 76 31 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 Vgg* WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: **********2863 Email: wgat*emlx»aatngnatcoiii.ag Calcutta jT Chlttagong PORT LOUIS j 06/11 I Karachi [COLOMBO OS/li~| u-.a. KARACHI/LAHORE 07/11 y -rMadras bombay oa/n MADRAS/BANGALORE 06/11 IJPV CALCUTTA
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  • Page 32 Advertisements
    • 1652 32 DSR-SENATOR UNES TO UK/CONTINENT TO MKDIIIiHRANEAN/CANADA VtSStl VOY SIW LfH RTM AMR HAM BHV FLU VtSStl VOT SIM GIT Sft FOS VIC MTB HAKIM KEELUNG OB7IW Till 2011 Mll 1111 It.ll 2111 NW SINA 0935W 0411 21 11 23 11 2SII 2711 Ml 2 PUOONG SENATOR 0011W till 11 11
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    • 923 32 tiIMAC-NELS S'PORE M'SIA I Carrier: MN CONTR LINES, INC p. gudang: (or) *****26 I fr/V~ J OW NO; **********0 C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUCHING (082) *****1-3 HO CHI MINH PORT KLANG
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    • 596 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO SPOfti N SHEVA COLON to P KLAUS TARPON SILVER VIO6W M NOV 11 NOV 23 NOV 20NOV CAPE CANAVERAL VII4W IS NOV 23 NOV 3$ NOV K DEC TULSIOAS V.117 22 NOV 30 NOV 07 OEC 12 DEC TARPON SILVER VIQ7W 2S NOV 07 DEC
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  • Page 33 Advertisements
    • 1644 33 [vessel voy khh hkg sin pkg pqb dxb dwm ba bm IRAN TEYFOUW PCL-5126 27/10 29/10 02/11 03/11 12/11 13/11 14/11 16/11 18/11 IRANSHAHRYAR PCL-5127 03/11 05/11 09/11 10/11 19/11 20/11 21/11 22/11 24/11 IRAN BAABAEI PCL-5128 10/11 12/11 16/11 17/11 26/11 27/11 28/11 30/11 02/12 IRAN TAKMTI PCL-5129 17/11
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    • 1199 33 Direct Calls to Kobe <6 Nys) r l Niyoya (7 Days) Toky« (S Days) J I SINGAPORE'S GENERAL AGENTS: SO ROtINSON RD TfL *****00 FAX: 77*7701 OUTWARD (l/l) 4705M7 JOHORE OFFICE: COSTAR SNIFFING fH LTD #12-00 saus/mgs *****57/A0 mm* deft (d/o) 420s;is COSTAR AGENCIES (M) SDN BHD CRNO:H7«7MOOOOM SWGAfORI 04MW
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    • 1149 33 Eimopg EXPtcss savia export import msfl Ivor I M lifl |mj m« Imn|hy i ri 55 Ivor I n ma fu a pusanse* oim »/n 20/11 20/11 79/11 30/11,01/17;w/u am!OI2NE is/i> 1 r/T» 119/10 la/i> 07/11 HJ POfTLANt 035W 14/11 03/1? 05/12 04/12 00/12. 09/17; 10/12 Or ALPHA QWK jffo
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    • 1412 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA r r SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP I L T R 10 07/11 25/11 I"/ 12 27/11 29/11 30/11 01/12 E RACER RE-021 07/11 16/10 15/10 17/10 19/10 07/11 06/11 I n™ 14/11 02/12 08/12 04/12 06/12 07/12 08/12 E
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    • 1020 34 r ADVANCE CONTAINER LINES (PTE) LTD l/ Li TEL: *****21. FAX *****19. TELEX :RS ***** ACLPL FOR BOOKINGS PLEASE CALL: *****22 SALES A MARKETING *****21-28 OPERATIONS: *****6 CV *****06 CR NO **********06 BANGKOK T JAKARTA (7 flllM^WO) VESsa voy aw 1 mck vessel voy s#< I jkt KOTARATUA.(PAT/ICH) RNA)6S 2/11
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  • Page 35 Advertisements
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    • 1228 35 WAUENIUS WiLHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYLIFT SERVICE" I VESSIL VQT RAMP HEIGHT SIN lAX CRL MIA SAV BAL ORF NYC NEW MOB [TAMPERE AHO9 400 Tom 6.3 M 11/11 09/12 18/12 21/12 23/12 ~Uj\T W/\T WTF WoT 0670T~ TEXAS AH 10 400 Tons 6.3 M 26/11
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  • Page 36 Advertisements
    • 777 36 BANGKOK/ MAP TA PIWT/ LAEM CHABAMQI JAKARTA/PAN JANO VESSEL VOY SIN BKK MTP LCH~" VESSEL VOY SiS JKT~] PJN ARAN BHUM* A 137N In PI 06/11 LIAOHE* 015 In Pt 06/11 ULA BHUM 129N In Pt 06/11 06/11 OS/11 BANI BHUM 131S 03/11 07/11 NAWTA BHUM 468N 03/11 06/11 GURU
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    • 333 36 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COIfPM«» BBIVIC6 sw m m n» it milw usual IKI g/ii M/ll 14/11 W/ll [as I w/ii w/11 n/ii n/11 m/ 11 arrow [its I ia/ii n/n »/ii n/i? m—Mt» lin| D/i Ic/ijc/itlw/w n/it FEEDER SERVICE TO INDONESIA j rsi «or van nwu
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    • 722 36 VESSa S W "S" PW. JB) XEA LEH HTM KAAA Zg 9QT h VELEDE TAURUS A3«W 04/11 06/11 13/11 18/11 23/11 24/11 ~xm~ Ttm a/11 veied-aouaieus U3«w Wll 11/11 19/11 acit 30/11 01/12 gvi2 04/12" oa/12 VEi-E 06 ANTARES 130* Wll 17/11 2S/11 30/11 06/12 07/12 ~Qyi2~ Wl2 12/12 VE-LE
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  • Page 37 Advertisements
    • 41 37 I New Advertisers/Services/Agencies I 13 eso mm un Round- nw worid CManr SarMc* For Complete Schedules Information Turn To Pg 5 FR. MEYER'S SOHN SPECIALISTS IN Forest/Paper Machinery products Heavy Lift Container p ro j ec t Crosstrade Details See 4
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    • 24 37 NEW BREAKBULK SERVICE See PACC CONTAINER LINE on Pg 5 Dedicated EAST MALAYSIA Service Turn To Pg 14 every Mon/Wed/Fri HUB MARINE PTE LTD
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  • Page 39 Advertisements
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  • Page 41 Advertisements
    • 39 41 BSC y— ;r I Any Destination, Any Time. Sailing schedules to the Americas more. 24 hours a day in the Shipping Guide Fax-On- De in and hotline 740 6000. Another innovative service offered by Thi-.HisinkssTimis sh i i'pi Tim
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  • Page 42 Advertisements
    • 166 42 SOUTH EAST ASIA AUSTRALIA NOTICE TO TRADE RATE RESTORATION In order to allow the greatest possible amount of notice, the under-mentioned Lines wish to inform the trade tnat tney have unanimously agreed to implement the following minimum rates with effect from 1 March 2000: 20' 40' Singapore USSBOOn"EU US$l,6OO FEU
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