The Business Times, 24 February 2000

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Total Pages: 50
1 50 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial .com.sg/ THURSDAY, FEBRUARY 24, 2000
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  • Article
    Lock icon MARKET SUMMARY
    70 1 HI 2437.70 (+31.08) U 780J» (+21.51) W% ansa futures U ***** (+6.00) STOCK MAKKET DQNCES Wednesday Change KLSE COMP 1,***** +818 NIKKEI 10jMJ§_+lS8J7 HANG SENG *****7* +121.82 SET INDEX 380.00 +0.67 JAKARTA OOMP 584.43 *1.01 MANILA OOMP _UB»JI *9.1 TAIPEI WPI 9.M126 -8917 SEOUL COMP 880.07 +30.06 CLSA
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  • Article
    Lock icon FINANCE
    77 1 FOBEX BATES uss ss US# 1.W £(US$/S$per£) 1.613 17*4 EURO(U8$/SS/E) 1W6 1.717 DM 1.944 0878 YEN 1)94 1544 RM 1800 0.449 HKI 7.783 1219 BAHT 38.06 0.045 RUPIAH 7,437 0.023 St to ICO unMs FUME BATES SINGAPORE* 580 KUALA LUMPUR 7.67 JAKARTA JMO BANGKOK _9.60 MANILA 1100 HONGKONG 8.50
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  • Article, Illustration
    Lock icon MAS expected to push banks to sell non-core assets
    859 1  -  Move could release $6b worth of shares and properties into the market By] Ling Su Ann [SINGAPORE! The Monetary Authority of Singapore (MAS) is expected to issue rules soon requiring local banks to dispose of their non-financial assets a move that
    Compiled by BT  -  859 words
  • Article
    Lock icon GIC to join in all three shortlisted bids for Astra
    1192 1  -  Ibra adviser says GIC prepared to invest USsloom as co-investor From I Shoeb Kagda, Christopher Tan THE Government of Singapore Investment Corporation (GIC) yesterday emerged as a surprise co-investor with each of the three shortlisted candidates bidding for Astra International,
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  • Article, Illustration
    Lock icon Police called in as Tom.com IPO hits fever pitch in HK
    725 1  -  Scuffles break ont in scenes reminiscent of red chips mania From Meera Tharmaratnam in Hongkong HONGKONG'S Internet frenzy reached a fever pitch on the final day of applications for tycoon Li Ka-shing*s soon-to-be listed maiden web venture Tom.com. Scuffles
    AP  -  725 words
  • Article
    Lock icon CyberWorks may unveil HKT bid by week-end
    435 1  -  By Catherine Ong [SINGAPORE] Pacific Century CyberWorks is close to announcing a bid for Cable Wireless (HKT) and has intensified discussions with Singapore Telecommunications Ltd on how the latter can have a share of the action, informed sources said yesterday. Asked if the
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      87 1 DfgPE Executive Suite Newcomers eye property pie. Pg 36 Floored by myriad choices. Pg 34 Top Stories Pidemco paying HKsl.BBb for stake in HICs Furama Hotel site. Next Pmga Banker sacrifices some pay to take up top UN posting. Mtxf SGX's push for covered warrants pays off as trade volumes
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      37 1 online edition will carry the full report of the Singapore government's Economic Surveyl999 from Bam today. We are at httpV/bnsiness-timeB.aBiaLcom.Bg Divesting property assets: Race is to the swift, Pg 3 MAS could put UIC 'in playPg 3
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      21 1 Greenspan: Rates have to rise US Federal Reserve chairman Alan Greenspan s testimony on monetary policy to the Senate Banking Committee.
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  • NEXT page
    • Article
      Lock icon Pidemco paying HK$1.88b for stake in HK's Furama Hotel site
      419 2  -  Lai Son Devt to retain 35%, plot to be redeveloped into prime office building By: Marissa Chew [SINGAPORE] Fresh from its purchase of a controlling stake in DBS Land, Pidemco Land said yesterday it had bought a 65 per cent
      419 words
    • Article
      Lock icon Korea bourse scraps lunch break, cuts fees
      181 2 Bloomberg [SEOUL] The Korea Stock Exchange (KSE) will scrap its one-hour lunch break, cut brokerage fees and make other changes to try to revive the Kospi index, which is lagging the over-the-counter Kosdaq market, Korean officials said. The exchange may begin continuous trading
      Bloomberg  -  181 words
    • Article, Illustration
      Lock icon Banker sacrifices some pay to take up top UN posting
      531 2  -  PEOPLE He has been appointed director-general in charge of uncovering wastage, fraud By Conrad Raj [SINGAPORE] Former civil servant Dileep Nair will be taking a pay cut when he leaves his current post with DBS Bank to become the director
      531 words
    • ON THE grapevine
      • Article
        Lock icon Back to the bank
        67 2 BT reported this week that Patrick Tan, formerly with Rothschild Asset Management, is going to take over the helm at DBS Asset Management. Well, Grapevine has since heard that Ronnie Teo, who currently heads DBSAM, will be going back to DBS Bank to work in investment
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      • Article
        Lock icon More job moves
        82 2 THE merger of broking houses GK Goh and Vickers Ballas is said to be proceeding "fast and furious". While there used to be a property analyst in each firm, GK Goh's Cheong Kwok Mun is now the only one covering the sector for the merged firm. Meanwhile,
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      432 2 KPMGSeminarSeries World Class Finance Friday, 7 April 2000, 9.00 am to 5.00pm, Orchard Hotel, Ballroom 3 The globalisation of markets, the increase in competition and the resultant cost pressure have led to structural changes in many companies. The ability to assume a central leading role that will push the change
      432 words
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  • BANKS and properties
    • Article
      Lock icon Divesting property: Race may favour swift
      711 3  -  hock im!idf am siow li sen THE property holdings of Singapore banks' are once again in the spotlight following DBS Group's sale of a controlling 24.9 per cent stake in DBS Land to fellow government-linked company Pidemco Land for nearly $1 billion on Monday.
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    • Article
      Lock icon DBS Land chief reassures staff
      329 3 TWO days after Pidemco Land said it was buying a controlling stake in DBS Land, the bank-linked property company's chief executive Han Cheng Fong has urged his team to continue as normal. Staff at DBS Land opened their email yesterday to find a short note
      329 words
    • Article, Illustration
      Lock icon MAS could put UIC 'in play'
      485 3  -  If it rules that banks must divest non-financial assets, UOB will have to give up 23% stake in UIC By\ Lee Han Shih THE Monetary Authority of Singapore (MAS) does not mean to, but it could bring about the longawaited takeover of listed United
      485 words
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      218 3 Sfe. lit.'- ix~. m m~'z?s£L h Hp- m I AH Wr I Jw ZT-JII *3Pv- I 1-• M ■Ul .§Bl* y I HBHH I 11 P9MHH II I t U mm Kjrt^l 1 IN K i ffliißßHwili I I ffiPnf MS-- 'H^ibmiscSSi^Pi^tSmb v c IB|IM IZjCI I f f 'I
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  • SINGAPORE companies
    • Article
      Lock icon SGX's push for covered warrants pays off as trade volumes rise
      687 4  -  I sj i exclusive Instrument accounts for $647 m or 79% of all warrant trades from Jan to mid-Feb this year Wong Wei Kong AFTER an earlier attempt failed to take off, the latest effort to develop covered warrants
      687 words
    • Article
      Lock icon BNP issues $100m of 10-year sub bonds
      355 4  -  By' Wong Wei Kong FRENCH bank Banque Nationale de Paris (BNP) yesterday issued $100 million of subordinated bonds here, becoming only the second bank ever to issue subordinated debt denominated in Singapore dollars. The first was a $150 million issue by Germany's Dresdner
      355 words
    • Article, Illustration
      Lock icon Fastech posts 26% profit rise on strong sales
      329 4  -  Europe accounts for 71% of chip assembler's sales By, Jennifer Lien CHIP assembler Fastech Synergy yesterday posted a 26 per cent rise in 1999 net profit to 137.4 million pesos (Sss.B million). Sales rose 35 per cent to 835.3 million pesos, due
      ARTHUR LEE  -  329 words
    • Article
      Lock icon AFP to take 50% stake in B2B e-commerce start-up
      473 4  -  MET MOVES Nissho Iwai, WI Harper are among its partners By' Ven Sreenivasan MAINBOARD-listed Asia Food Properties (AFP) has gone into a business-to-busi-ness (B2B) e-commerce venture in partnership with a Fortune 500 Japanese corporation, a leading American Internet solutions provider, a
      473 words
    • Article
      Lock icon Former minister Peter Sung named Catcha chairman
      294 4  -  ni/i Francis Kan INTERNET startup meets old world bureaucracy with the appointment of former Singapore minister Peter Sung as chairman of Catcha.com, a leading South-east Asian search engine portal. Commenting on his appointment, Mr Sung, previously Minister of State for National Development, Foreign
      294 words
    • Article
      Lock icon Australand builds 18% rise in net profit to A$68.1m
      331 4  -  Sydney land and housing operations main earner for DBS Land nnit j Andrea Tan DBS LAND subsidiary Australand Holdings yesterday posted an 18 per cent jump in net profit to A 568.1 miUion (5572.8 million) for 1999, thanks largely to its
      331 words
    • Article
      Lock icon Allied Components to list plastic, coil business in 3 years
      344 4  -  Teh Hooi Ling ALLIED Components International Ltd plans to list its plastic and coil operations within three years, its chairman and chief executive officer said yesterday. "We are exploring that as a way to stream our business so we could
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    • Article
      Lock icon SingTel, Dishnet to set up Internet gateway in Madras
      204 4 Reuters [MADRAS] Indian Internet service provider Dishnet DSL Ltd has tied up with Singapore Telecom (Sing Tel) to set up an Internet gateway in the southern city of Madras, a company official said yesterday. "We recently got our gateway licence from
      Reuters  -  204 words
    • COMPANY Briefs
      • Article
        Lock icon L&M to air business plans today
        136 5 Reuters CONSTRUCTION firm L&M Group Investments said yesterday it would hold a news briefing today on its business plans, after a recent $81.5 million bank loan and separate deal with PT Microsoft Indonesia. It said chairman Edward Soeryadjaya and executive director Marcel H L
        Reuters  -  136 words
      • Article
        Lock icon Central Prop posts $29.6m profit
        91 5 CENTRAL Properties yesterday unveiled bottomline profit of $29.6 million for the financial year ended Dec 31, most of which was booked during the first half. The bottomline figure was boosted by an extraordinary gain of $14.5 million, the bulk of which came from the sale
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      • Article
        Lock icon Strategic Intelligence aims for SGX
        116 5 STRATEGIC Intelligence, a Singapore-based global provider of business intelligence on Asia to companies, hopes to list on the second board of the Singapore Exchange in the second half. Co-founder and chief executive Anthony Venus announced this at the opening of its new corporate offices and
        116 words
      • Article
        Lock icon ST Aero wins Boeing conversion deal
        114 5 SINGAPORE Technologies Engineering has agreed with Boeing Co to convert used MD-11 and DC-10 passenger aircraft into freighters, the group's ST Aero unit said yesterday. "The first aircraft is expected to be inducted (into the process) by mid-2000," ST Aero said in a statement
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      • Article
        Lock icon CSE Systems buys into M'sian Net firm
        89 5 LEADING global systems integrator CSE Systems Engineering Ltd has agreed to take a 55 per cent stake in a Malaysian e-commerce company Digital Nervous System Sdn Bhd for 1.4 million Malaysian ringgit (*****,000). DNS, which was incorporated in Malaysia on May 2,1998, is
        89 words
    • Article, Illustration
      Lock icon S'pore startup aims to be global healthcare player
      555 5  -  Onemedhub.com's portal to focus on 828 e-commerce liy' Toh Han Shih ONEMEDHUB.COM, a Singapore startup in which listed Parkway Group Healthcare has a minority stake, aims to be a global player in electronic healthcare. "Our aim between now and the end of
      ARTHUR LEE  -  555 words
    • Article
      Lock icon Globe, Isla to merge in mobile phone shakeout
      420 5 Bloomberg [MANILA] Globe Telecom Inc said it wUI buy rival Isla Communications Inc, creating a US$2.3 biUion (553.9 billion) company that will put it ahead of Smart Communications Inc as the Philippines' largest mobile phone company. Singapore Telecommunications Ltd and Ayala Corp,
      Bloomberg  -  420 words
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      190 5 Heller Asia Capital Heller Asia Capital was formed in SMEs, creating a reputation as a SME financing specialist. At Heller, our flexibility and hassle-free services are k 1974, then named Heller Factoring, as With a history of over 20 years working closely with what distinguish us from the traditional banks.
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      507 6 Stocks Volume Aztech 5c .41.439,000 NOL 37,257,000 Zagro Aaa 5c 17,711,000 Circuits Plus Hldgs 17,296,000 EasyKnrt 2kA 15,116,000 Asia Food&Prop 14,915,000 Allied Com 10c 13,591,000 IPCCorpn5c 11,450,000 Strike Engg 5c 10,767,000 Vickers Capital 25c 10,535,000 Stocks DBSGrp 86,603,719 PacificCentury 82,035,844 NOL 50,937,686 OCBC 47,658,194 SIA 28,045,844 Aztech 5c 28,040,310 GES
      507 words
    • Article, Illustration
      Lock icon Berjaya Group warrant offers fairly decent value
      196 6  -  WARRANT WATCH By] R Sivanithy SINCE the last time we featured it in this column a couple of months ago, the Berjaya Group warrant has risen more than 30 per cent. Still, at 45.5 sen per warrant, the instrument is clearly a penny
      196 words
    • Article, Illustration
      Lock icon Volatile day as bulls, bears battle for supremacy
      574 6  -  l-l I comment STOCKS r.sivanithy Conflicting signals from Wall Street gave rise to volatile early trading yesterday as the bulls and the bears tussled for supremacy. With Hongkong extending its recovery from Tuesday, however, it was the bulls that won in the
      574 words
    • Article, Illustration
      Lock icon There's more life yet in Zagro shares
      240 6  -  HOT STOCK By Wong Wei Kong SHARES of Zagro Asia sprang to life yesterday and finished as the session's third most active stock and among the biggest gainers. Zagro shares closed at 40.5 cents, up 9 cents or 29 per cent. The stock
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    • Article
      Lock icon Market Notices
      110 6 UNISTEEL Technology's 192.43 million shares will start trading on the Singapore Exchange main board today on a ready basis. KEPPEL Corp has bought 541,000 Keppel Tat Lee Bank shares from the open market for $1.98 million, bringing its interest to over 392.25 million shares or 35.82 per cent.
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    • Article, Illustration
      Lock icon Euro soars above US$1, yen recovers on profit-taking
      339 6  -  I»ll comment CURRENCIES larry wee THE euro consolidated Tuesday's gains above the pivotal US$l level in Asian trading yesterday, but it was a mixed Asian session for the US dollar. The Euroland unit rose to a onemonth high of US$l.OOB5 on fresh
      Source: Reuters  -  339 words
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      29 6 SingaPort 2000 Special Feature Shipping Times 29 March 2000 x T liljF ijiji ||||m 3 The Key Maritime markets ThkHfsinhxsTimks Shipping Times 82 Genting Lane News Centre Singapore *****7
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      25 6 Do you need flexible financing for your share purchases" Call us at 323-3955 and find our what we can do for you 83 DBS BANK
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      81 8 I I j^^H I II II I I I I .H'B HH 111 '^H^Vw b I mmm mum '^h^ mmHHmmm mmm -mmm imH §mim >JB "'-V-<. I jjifl jm ji I ■D, 38B^^FMBK] ja m j «^H^H *f BUSINESS I UNLIMITED I '< '"J Michael Stotko of Dresdner Bank unlimited
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      63 9 I lI■HII■ H I I fIBp^WHH^HI «.>... v,^ "Our n|twori(j^^^^K^^^l|pH| to wherever Kre wi»«^^^^| Hi Mr Support Centre Aafe I FaHHHHroZ i i#v i i 30 i <fe: f j R Sing Tel ive operations in Asia Pacific, Dresdner needed to secure seamless and reliable communications across all country boundaries,
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  • SINGAPORE news
    • Article
      Lock icon SP Int'l close to buying 56% of US$1.2b Thai power project
      632 10  -  exclusive S'pore Power unit said to be frontrnnner in bid for stake in coal-fired plant From Harish Mehta in Bangkok SINGAPORE Power International (SPI) is close to buying over a majority stake in a power generation project in southern
      632 words
    • Article, Illustration
      Lock icon Prices up 1.5% in Jan on dearer food
      283 10  -  I 3on the economy prices By 1 Eugene Low CONSUMER prices continued to increase in January, rising 1.5 per cent year-on-year, the latest figures from the Department of Statistics (DOS) show. The Consumer Price Index (CPI), which has been rising continuously in
      Source: Dept of Statistics  -  283 words
    • Article, Illustration
      Lock icon Hong Leong gives NUS $1.5m
      181 10 HONG Leong Group has donated $1.5 million to establish the Hong Leong Professorship in Ophthalmology at the National University of Singapore. And the government is set to contribute three times as much through the NUS endowment fund, bringing the total to $6 million. NUS vice-chancellor
      ARTHUR LEE  -  181 words
    • Article
      Lock icon Young PAP raises telecoms issues
      260 10 MEMBERS of the Young PAP policy studies group have asked the government to address national security concerns in lifting foreign ownership restrictions on telecommunications companies. They have also asked if subscription rates for broadband services can be cut to encourage more home users. These are
      260 words
    • Article
      Lock icon PrimePartners buys 49% stake in M'sian firm
      156 10 HOMEGROWN boutique fund manager Prime Partners Asia Capital has bought a 49 per cent stake in actuator arms maker Measurex Holdings for 19.6 million Malaysian ringgit (SsB.B million). And it has secured an option to buy the remaining 51 per cent for RM20.4
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    • Article, Illustration
      Lock icon EDB hopes to lure more aviation OEMs here
      306 10  -  aerospace 2000 Many new investments on the cards: top exec Reports by Eugene Low THE Economic Development Board (EDB) aims to attract more aerospace original equipment manufacturers (OEMs) to set up operations here either on their own or through partnerships with Singapore
      FILE PHOTO  -  306 words
    • Article
      Lock icon Pratt & Whitney, ST Aerospace, SIA Engg in repair venture
      271 10 Pratt Whitney, ST Aerospace, SIA Engg in repair venture PRATT Whitney, Singapore Technologies (ST) Aerospace and SIA Engineering Company (SIAEC) yesterday signed a memorandum of understanding (MOU) to form a joint venture to repair aircraft engine components. The new company, which will be located in Singapore, will carry out repairs
      271 words
    • NEWS Roundup
      • Article
        Lock icon Clampdown on errant contractors
        72 10 WITH effect from April 1, contractors with poor safety records will be debarred from employing foreign workers. This is to make them take a serious view of safety. Contractors will be given demerit points If they are found to have violated safety requirements at worksites. After
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      • Article
        Lock icon Nod for Meyer Tower, First Mansion sales
        49 10 THE applications for the collective sale of Meyer Tower and First Mansion under the Land Titles (Strata) Act have been approved. The properties will be sold to DBS Land subsidiary, DBS Realty. The two deals were brokered by Knight Frank last November.
        49 words
      • Article
        Lock icon TPA wins maintance contract
        63 10 TPA Pte Ltd, an Enterprise 50 company which provides aviation products and logistics services, yesterday signed an agreement with Hongkong Aircraft Engineering Company (Haeco) to support the letter's aircraft and component maintenance activities in Asia. Under the agreement, TPA is required to maintain US$2.5 million (554.3
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      • Article
        Lock icon Corrections and clarifications
        56 10 IN yesterday's report "You could win a prize by filing tax returns online", it was mentioned that taxpayers who file their returns electronically by March 20 would get a chance to win a limited edition of MRT cards. The date should be March 31, not March 20.
        56 words
    • Article
      Lock icon DBS Land: no poison pill used
      230 10  -  MAILI»TH7I Jeanne Wong (Ms) Senior Manager Corporate Communications DBS Land WE are extremely disturbed over the suggestion by your anonymous source in the article, "DBS unloads controlling stake in DBS Land (BT, Feb 22)," that we have deployed a poison pill tactic to fend
      230 words
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  • e News
    • Article, Illustration
      Lock icon Oracle forms new firm to deliver Web to cellphones
      604 11 NEW YORK Formed through an alliance with Motorola, it may go public this yean CEO Reuters ORACLE Corp, the world's No 2 independent software company, said on Tuesday that it had created a new company promising easy access to the Internet
      Reuters  -  604 words
    • e Briefs
      • Article
        Lock icon DoCoMo cell phones to have Net access
        79 11 Bloomberg [TOKYO] NTT Mobile Communications Network Inc, Japan's biggest mobile phone company, will begin installing its i-mode Internet function in all its new cell phones, expanding the amount of revenue it gets from non-voice traffic. Beginning this summer, all new cell phones sold
        Bloomberg  -  79 words
      • Article, Illustration
        Lock icon Rush for Pele's autographed shirt
        93 11 AFP [SAO PAULO, Brazil] Brazilian football fans went on cyber alert on Tuesday after it emerged that Pele's autographed number 10 shirt from his former club Santos was up for grabs on an Internet site. Some bids topped 2,500 reais (around 552,550) for the shirt
        AFP  -  93 words
      • Article
        Lock icon SBC in US$3.9b e-commerce acquisition
        58 11 FT [NEW YORK] US local phone carrier SBC Communications is buying Sterling Commerce, an e-commerce software company, for US$3.9 billion (556.67 billion) in a move to build its presence in the online market for business-to-business transactions. Sterling has developed software to create "e-marketplace communities" where
        FT  -  58 words
      • Article
        Lock icon Hoax virus warning on Internet
        122 11 AFP [PARIS] Computer experts say a hoax warning about a computer virus is circulating on the Internet. The virus is supposedly called "Wobbler" or is alternatively named "California" or "How to Give a Cat a Colonic", according to e-mails in circulation. "Wobbler" is supposedly contained
        AFP  -  122 words
      • Article
        Lock icon 30m Net users in India by 2004: report
        94 11 Bloomberg [NEW DELHI] India will have more Internet users by 2004 than any other Asian country except China if computer prices drop and Internet access via cable television becomes possible, says Credit Lyonnais Securities Asia. Internet use in the country will expand
        Bloomberg  -  94 words
      • Article
        Lock icon Tuning into Internet
        97 11 AFP [BEIJING] Chinese musicians are selling their new compositions for a song at only 12 US cents (550.21) apiece to stake a claim on the country's growing Internet sites, the Beijing Daily reported yesterday. Songwriters Li Xiaolong and Jia Ding decided to sell their song, appropriately called
        AFP  -  97 words
    • Article
      Lock icon Stanchart in talks to provide online services in HK, S'pore
      263 11 LONDON Its banking licence will come in useful in these 2 markets STANDARD Chartered pic is in discussions with third parties from the information technology and communications industries in Hongkong and Singapore to establish joint venture online platforms to provide
      263 words
    • Article
      Lock icon Alcatel to buy telecoms switch maker for US$7.1b in stock
      407 11 PARIS Deal allows French group to compete with Lucent, Cisco Bloomberg ALCATEL SA, Europe's No 2 phone-equipment maker, has agreed to buy Newbridge Networks Corp for US$7.l billion (5512.1 billion) in stock, expanding its product range to compete with Lucent
      Bloomberg  -  407 words
    • Article
      Lock icon Morgan Stanley loses 2 Asian staff amid e-uphoria
      369 11 HONGKONG Bloomberg MORGAN Stanley Dean Witter Co lost two of its Asian staff, the latest defections as investment bankers in the region exploit dot-com experience. Salomon Smith Barney Inc hired Morgan Stanley's Ram Venkateswaran as vicepresident on its Internet and technology investment
      Bloomberg  -  369 words
    • Article
      Lock icon Excite At Home, Dow Jones in tie-up
      211 11 Bloomberg [REDWOOD CITY, California] Excite At Home Corp is spinning off its Work.com site to create a company with Dow Jones Co that provides news and information to small businesses, with an initial public offering planned for this year. The joint venture will
      Bloomberg  -  211 words
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      Lock icon Page 11 Advertisements Column 1
      23 11 EODAY©**^*#. ianhe Zaohao Formosa Group chief Y C Wang visiting China: Any new projects in the pipeline? v J W m I B
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      Lock icon Page 11 Advertisements Column 2
      76 11 Stanch&rt H2 pro/it down 20% to £159 m, Pg 19 Together we create together with you! "jr. k,. L m I J 4 j Your customers will be happy! z Especially you by your ROT! Through worldclass-solutions for Online Shopping Warehouse Logistics C2IIB CAIB Asia Pacific Pte Ltd Consultancy and
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      165 11 I/T T A fahLapi JVL-JLrV InttnatMiul Aitpon When you rent a car from SINTAT KLIA counter your car be waiting for you outside the Arrival Hall. On your return to KLIA 4°»»=—i please call SINTAT counter, 15 to r:■ PHKMHrPMSK m nutes n advance and your car w collected from
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon World cannot ignore power of Opec
      785 12  -  bottom line OPINION robert samuelson The Washington Post Writers Group THE most interesting thing about the runup in oil prices from roughly US$lO (Ssl7) to US$3O a barrel during the past year is that almost no one predicted it Just about everyone who knew
      The Washington Post Writers Group  -  785 words
    • Article
      Lock icon IN OTHER WORDS
      109 12 'You will remember that in 1996, we responded appropriately to what was viewed a threat.' -JoeLockhart the US presidential spokesman, on the Chinese threat against Taiwan in a recent White Paper. That year, President Hill Clinton sent the US 7th Fleet to Taiwan when China fired missiles
      109 words
    • Article
      Lock icon Budget for the new economy
      590 12 EDITORIAL THERE should be a spring in his step when Finance Minister Richard Hu gets up to present his annual financial statement for Singapore tomorrow. Compared with the last couple of years, the economic backdrop to this Budget is no longer as bleak With many
      590 words
    • Article, Illustration
      Lock icon Asia's striking comeback has its dark side, too
      1456 12  -  Countries must persist with reform to recover from the huge damage and grow more strongly By] Martin Wolf FT IT IS hard to believe that only a year-and-a-half ago, financial markets were in disarray. Today, the mood is entirely different. Forecasters now
      FT; FILE PHOTO  -  1,456 words
    • Article, Illustration
      Lock icon Clinton's economy drives Republicans to fiction
      753 12  -  COMMENTARY Don't believe Reaganites who try to make an economic case for themselves Paul Krugman The writer is a professor of economics at MIT NYT YOU don't have to be a brilliant political analyst to realise that the Republican nominee for president is going
      NYT  -  753 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Grand United among top actives
        104 13 PRINTED circuit board (PCB) maker Grand United Holdings' (GUH) expression of interest in being included in any one or all three of the newly-launched IT indices has kept the counter in the eyes of punters. GUH has a PCB factory in China. The counter was
        104 words
      • Article
        Lock icon UMW falls despite good earnings
        92 13 THERE was little interest in UMW despite the company's good set of earnings for 1999. The distributor of Toyota cars announced group pre-tax profits of RM168.2 million (5575.5 million), against a RM47.7 million pretax loss a year earlier. The counter closed 10 sen down at
        92 words
      • Article
        Lock icon Time Engineering ticks upward
        132 13  -  Compiled by Diana Oon Abdullah DESPITE there being no decision yet on the buyer for a 24.6 per cent stake in its restructured telecoms business, the Time Engineering stock continued to make gains yesterday, picking up another 40 sen to RM5.20 with some 14.65 million shares
        132 words
    • Article
      Lock icon KL monorail ready by 2001
      149 13 KUALA LUMPUR AP AN ambitious monorail project aimed at alleviating Kuala Lumpur's traffic woes is scheduled to be completed by December 2001, a government official said yesterday. The 1.14 billion Malaysian ringgit (*****.9 million) project was supposed to be completed in 1998. But it was
      AP  -  149 words
    • Article
      Lock icon New funds for tech companies
      536 13 TECHI;J*Vi KUALA LUMPUR Country Heights in RM94m venture capital tie-nps with Taiwanese firm Bloomberg, Bernama COUNTRY Heights Holdings Bhd, a Malaysian property group, is forming two venture capital funds with Taiwan's Sunsino Development Associate Inc to invest 94 million Malaysian ringgit (5542.2 million) in technology
      Bloomberg,; Bernama  -  536 words
    • Article, Illustration
      Lock icon KL minister asked to tell how Mitsui got deal
      389 13 KUALA LUMPUR Mitsui is said to have paid kickbacks to get Telekom order AFP MALAYSIA'S communications minister Leo Moggie was yesterday urged to explain how Japan's Mitsui and Co won a big order with the telephone company despite not tendering for
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    • Article
      Lock icon RHB loss narrows to RM69m
      201 13 KUALA LUMPUR Bloomberg RASHID Hussain Bhd (RHB). a Malaysian property and banking group, said losses for the first half narrowed as bad loans fell following a rebound in the nation's economy. Rashid Hussain, which controls Malaysia's third largest bank, said losses for the six months
      Bloomberg  -  201 words
    • Article
      Lock icon Net inflow surplus
      52 13 KUALA LUMPUR AFX-Asia THE net portfolio fund inflow into Malaysia recorded a surplus of 858.52 million Malaysian ringgit (*****.5 million) as of Feb 16 from a deficit of RM673.12 million at Feb 9, a summary report on flow of funds by the National Economic Action Council (NEAC)
      AFX-Asia  -  52 words
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      320 13 Budget Seminar 2000 29 February 2000 2.00 pm to 6.00 pm Grand Hyatt (Grand Ballroom) Finance Minister Dr Richard Hu will present the 2000 Budget Statement in tomorrow How will this Budget impact you and your business? What effect will it have on plans the At our Budget Seminar 2000,
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      75 13 f I Buy US$? I I Hold Sell I I Now it's easier to I I make the call. I From today, DBS Voice gives you faster access to foreign exchange rates and transactions with just one phone call. Thanks to Voice's latest voice-recognition technology, you won't ever have to
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      53 14 €>Agilent Technologies, Inc. 1999 made real. That's why Agilent makes a defibrillator powerful enough to restart a heart, portable enough to fit in a seat pocket, and simple enough to use without a medical degree. It's already saved dozens of lives around the world, and now, even above it. Have
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  • SOUTH east asia
    • Article
      Lock icon Investor exodus makes Thai market Asia's worst
      531 15 STOCK MARKET WOES Corporate debt, bank losses and likely cut in MSCI weighting lead to strong selling Reuters, AFX-Asia [BANGKOK] Thailand's stock market has been the worst performing in Asia this year as investors have pulled out, worried by corporate debt, bank losses
      Reuters,; AFX-Asia  -  531 words
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      Lock icon Estrada plays down impact of share scandal
      282 15 MANILA AFP, AFX-Asia PHILIPPINES President Joseph Estrada yesterday sought to downplay the impact of a stock manipulation scandal in which a presidential friend has been implicated which has hit share prices. "The stock exchange is just a small part of our economy," Mr
      AFP,; AFX-Asia  -  282 words
    • Article
      Lock icon We're in control, assures Gus Dur
      404 15  -  President's demo plans remarks send markets skidding in early afternoon From I Shoeb Kagda in Jakarta INDONESIAN President Abdurrahman Wahid assured businessmen at a seminar yesterday that his government was in total control of the security situation as the police were on constant alert
      404 words
    • Article
      Lock icon Bank Mega IPO to test investor confidence
      484 16 JAKARTA First Indonesian bank to sell shares this year, it plans to raise 150b rnpiah Bloomberg PT BANK Mega, reborn at the dawn of Indonesia's economic crisis in 1997, will soon make a small public offer of shares that will test confidence in
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    • NOTE Book
      • Article
        Lock icon Microsoft apologises to Thailand
        56 16 AFP {BANGKOK] Microsoft has apologised to Thailand for describing Bangkok as a commercial sex centre in the Deluxe 2000 version of its Encarta Encyclopaedia CD. "I regret any misrepresentation that the Encarta segment may have caused," said Robert Bach, Microsoft Home and Retail Division vice-president, in
        AFP  -  56 words
      • Article
        Lock icon HSBC wins Thai bank bid: report
        66 16 AFX-Asia [BANGKOK] Bank of Thailand will announce by today that HSBC Holdings pic has won the bid to take over Bangkok Metropolitan Bank, the Krungthep Turakij newspaper quoted a source close to the negotiations as saying. "But in the case of Siam City Bank's
        AFX-Asia  -  66 words
      • Article
        Lock icon 'Bob'Hasan sues Canadian group
        71 16 AFP [VANCOUVER] Indonesian tycoon Mohamad "Bob" Hasan is suing his Canadian associates for US$59 million (SIIOI million) over alleged bribes linked to the construction of a pulp mill in Borneo. The suit claims that Vancouver businessman John F Huguet paid US$2 million in bribes six years
        AFP  -  71 words
      • Article
        Lock icon IMF may extend Manila economic aid
        76 16 AP [MANILA] The International Monetary Fund (IMF) is willing to consider extending its two-year economic programme for the Philippines by six months to September If it receives a detailed plan for the (till privatisation of Philippine National Bank. Central Bank governor Rafael Buenaventura said
        AP  -  76 words
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      145 15 FREE LESSON IN STYLE, WW courtesy of MOTOROLA I •MT AND MONTBLANC. Buy a v 3688 in either Light Titanium, Galaxy Gray or Radar Blue and you'll receive a free Montblanc Mozart I I Notebook worth $150. You can also enter a draw to win J o MONT BLANC I
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      151 16 THE LIMITED EDITION VOLVO S7O CONES WITH HIDDEH EXTRAS. ite, I «j iltulllllllllffilUWiilmiTiiTfiTfTfr^^ i. «*w* n awl M PIP m| f«l Kifl a^^iaLm Raise the bonnet and you 11 find a new, more powerful 2.4 litre engine coupled to a new 5 speed gearbox. But the biggest extra is also
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  • EAST asia
    • Article
      Lock icon Star TV's getting its future into focus
      647 17 LONDON News Corp finalising plans to list global satellite TV ops and raise USs3sb FT FOR much of the *****, Star TV, the Asian satellite broadcaster owned by Rupert Murdoch, was rumoured to be losing US$lOO million (*****.5 million) a year, forcing its
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    • Article
      Lock icon China reshuffles heads of major commercial banks
      322 17 BEIJING New chief takes over securities market watchdog Reuter CHINA has reshuffled the heads of its big state-owned commercial banks and appointed a new chief of the securities market watchdog, bank officials said yesterday. As part of the shake-up, Liu Tinghuan, president of
      Reuter  -  322 words
    • Article
      Lock icon PBOC warns banks against offering higher interest
      213 17 BEIJING Reuters CHINA'S central bank has threatened to punish banks which offer interest rates higher than official levels to attract deposits. "Irregular competition among some financial institutions for deposits hasn't yet been curbed completely," the Financial News quoted the People's Bank of China
      Reuters  -  213 words
    • Article, Illustration
      Lock icon Taiwan threat: China-US trade at risk
      426 17  -  Anti-China lobby seen derailing vote on trade status hWtm\ Leon Hadar in Washington CHINA'S threat to use force against Taiwan if the iatter's leaders continue to resist talks on reunification with the mainland could have an unintended side effect strengthening the anti-China lobby in
      426 words
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      402 17 Past performance is not necessarily a guide to future performance. I INVESTMENT FUND AWARDS SHENTON INCOME FUND US GROWTH FUND ***** Best BondvTixed Income Fund over 3 Years and 5 Years 1999 Highest Absolute Return over 5 Years 1999 Best Global Fixed Income Fund over 3 Years* 1998 Best Overall
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      173 18 ias^isSS9^^^^^^^^KEl£3fe 9^^^H^^^^^^HH^^^B9i^K£iivlv''l<i^iBMHH^kv', !AV i WWMtfgiiZgnitafa«.. Jl^^i^ w^™g WHßhtt Yrt«riSs3HHßßSMiiriii Citibank Home Saver. i nree yourself V y BL. from your home loan. Home Saver Why spend your whole life paying off your home loan? Introducing the new and innovative Citibank Home Saver. It'll change the way you look at home
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  • WORLD news
    • Article
      Lock icon US rates must rise: Greenspan
      621 19 WASHINGTON Hike will cur b overheating and rein in inflation, he tells Congress Bloomberg US interest rates will have to rise to keep the economy from overheating and hold inflation in check, Federal Reserve chairman Alan Greenspan said in congressional testimony yesterday. Four Fed rate
      Bloomberg  -  621 words
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      Lock icon Opinion polls give McCain another boost
      588 19  -  WASHINGTON From Leon Hadar in Washington REPUBLICAN presidential insurgent John McCain is on a roll again. The most recent public opinion polls suggest that Mr McCain could beat the expected Democratic presidential nominee A 1 Gore by an impressive 25 per cent margin. The
      REUTERS  -  588 words
    • Article
      Lock icon Sakakibara, Fischer nominated to head IMF
      258 19 WASHINGTON Nominations a snub for the Europeans AFP, Reuters EISUKE Sakakibara of Japan and Stanley Fischer of the United States have been nominated to replace departing International Monetary Fund (IMF) managing director Michel Camdessus, the fund's board announced yesterday. An IMF statement said Mr
      AFP,; Reuters  -  258 words
    • Article
      Lock icon Stanchart H2 profit down 20% to £159m
      182 19 LONDON Bloomberg STANDARD Chartered pic, a UK bank that holds most of its assets in Asia, said secondhalf 1999 profits fell 20 per cent, though it expects earnings to rise as problem loans fall this year in Asia's rebounding economies. Net income fell
      Bloomberg  -  182 words
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      296 19 V HEEwttaßfy glSBlBk -j The Rover 75 has already won What Car- magazines "Car of Newspaper. Bild am Sonntag. awarded the Rover 75 "The Golden These three awards join the growing list of accolades which also SHOWROOM HOURS: the Year Award. Naturally we were oveijoyed by the recognition. Steering Wheel"
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  • THE WORLD
    • Article
      Lock icon Tiger said to be in merger talks with Maverick
      515 20 NEW YORK Julian Robertson's also seeking to unload his 23% stake in US Airways Gronp Bloomberg JULIAN Robertson's Tiger Management LLC, whose hedge fund group haemorrhaged US$l5.5 billion (5526.4 billion) the past 18 months, has discussed merging with another fund, Maverick
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      Lock icon Speeding out of reach
      63 20 [TOKYO] A businessman checking out a German made import "BMW roadstar 2.0" in front ofa show room in Tokyo yesterday. The Japanese trade surplus in January dropped 30.7 per centfrom a year earlier to 522.6bi11i0n yen (SsB billion), to a two-year low as a surge in
      AFP  -  63 words
    • Article
      Lock icon McDonough sees rate hikes to slow demand
      350 20 NEW YORK But inflation is low and is seen even fallingabit Reuters THE Federal Reserve will keep raising US interest rates until the supercharged pace of domestic demand slows, New York Fed president William McDonough said on Tuesday. Still, Mr McDonough said inflation
      Reuters  -  350 words
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      1206 20 CENTRAL PROPERTIES LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 1. Unaudited Profit and Loss Accounts The Group The Company 1999 1998 Change 1999 1998 Change SS'OOO SS'OOO Ssooo Ssooo Turnover 21.423 24,71 Q -13.3 19.651 28.914
      1,206 words
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      480 20 IN THE MATTER OF THE COMPANIES ACT. CAP SO AND IN THE MATTE! OF NOVO MAX INTERNATIONAL PTE LTD (In M«mb«r»' Voluntary Winding-Up) RESOLUTIONS PASSED ON 23*0 DAY OF FEBRUARY 3000 Al on Extraordinary G»n#rol Moating ol Company hild at 38 Jaian Scmoto Singapore *****9 on Pre 23rd February 2000
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      128 21 The BMW 520iA Overtrade Programme. Because prosperity should last well beyond Chinese New Year. Performance Motors Limited Now here's an ang pow that will last you the whole year through: the BMW 520iA now comes with an irresistible overtrade. With its silky 6-cylinder engine and sculpted lines, there is no
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  • FINANCE & commodities
    • Article
      Lock icon Futures move to premium at day's close
      245 22  -  SGX Derivatives Tr&dln&Reports MS& Singapore Index Daphne Tay Jardine Fleming THE Singapore stockmarket closed higher yesterday on bargain-hunting in selected blue chips seen oversold in recent trading. Finance issues shone on expectations of strong 1999 results to be announced soon. The Straits Times
      245 words
    • Article
      Lock icon Military threat depresses futures market
      182 22  -  MSCI Taiwan fatores Matthew Den Bleyker Refco Singapore THE Taiwan Stock Exchange Weighted Price Index fell 89.67, or 0.9 per cent, to 9,642.26 as a renewed military threat continued to bring negative sentiment into the market. Selling of large cap shares such as United Microelectronics
      182 words
    • Article
      Lock icon Crude prices continue to drift
      289 22 ENERGY REPORT Bloomberg [LONDON] Crude oil was little changed as traders await signs from a meeting of Persian Gulf oil ministers that may indicate whether the Organisation of Petroleum Exporting Countries (Opec) will increase output after its quotas expire next month. The focus was on
      Bloomberg  -  289 words
    • Article
      Lock icon CURRENCY REPORT
      325 22 Bloomberg London THE US dollar hovered near a one-month low against the euro amid concern Federal Reserve chairman Alan Greenspan will heighten expectations for interest-rate increases, prompting declines in stocks. Mr Greenspan's testimony to the Senate slated for yesterday "will weigh on stocks which in turn will be
      Bloomberg  -  325 words
    • Article, Illustration
      Lock icon Untitled
      1236 22 DtTEEBAOTL CROSS RATES F< >rj:i A$ C$ Rmb Euro ffr Dm HK$ Ind Rs Rupiah Yen Won RM NZ$ Pali Rs Peso S$ Band Sfr HT$ Bafct Pouwd US$ Australia 0.910 6.178 0.618 4.055 1.209 4.841 27.130 46.262 0.688 7.065 2.364 1.274 32.250 25.324 1.062 3.925 0.994 19.156 23.666 0.386
      1,236 words
    • Article
      Lock icon Untitled
      1979 22 SICOM HJTURBS Feb 23 RUBBER (futurts closing as it 5.30pm) RSS t CONTRACTS cents/kg) Close Volume Open Month High Low S*tt (tonnes) Interest Mar 00 128.50 200 Apr 00 131.50 100 May 00 135.50 135.50 134.50 600 700 Jun 00 137.00 400 RSS 3 CONTRACT (IB cwrtj/lwj) Volume Open Month
      1,979 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK up as investors shrug off war fears
      2840 23 HONGKONG AFP Q Hang Seng +12L62 HONGKONG share prices rose 0.7 per cent yesterday, ending a series of losses following overnight gains on Wall Street as investors shrugged off worries about Taiwan and China, dealers said. The key Hang Seng Index gained
      AFP  -  2,840 words
    • Article
      Lock icon Bargain hunters nudge up Nikkei
      1958 23 TOKYO AFP □MkU225 ♦***** TOKYO share prices edged up 0.7 per cent yesterday as investors hunted bargains while taking profits on high-priced information-technology issues, brokers sturnaid. The Nikkei-225 Index rose 128.97 points to end at 19,519.55. "Investors bought back wide-ranging issues which had been sold
      AFP  -  1,958 words
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      Lock icon CHINA
      994 23 Reuters P Shenzhen B Index -L72 SHENZHEN'S hard currency B shares closed lower yesterday as another company announcement of expected losses for 1999 triggered renewed worries over poor corporate earnings, brokers said. Market sentiment was also marred by Tuesday's heavy losses, triggered by renewed tension between China and Taiwan,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  994 words
    • Article
      Lock icon TAIPEI
      345 23 AFP □wp Index -89.67 TAIWANESE share prices eased 0.9 per cent yesterday amid caution ahead of upcoming presidential elections and a possible interest rate hike in the United State, dealers said. The Taiwan Stock Exchange weighted price index fell 89.67 points to 9,642.26, on turnover of NT$162.11 billion. "Many
      AFP  -  345 words
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      58 23 fIjjEZJShT I I Neptune Orient Linn I investment portfolio IPO. Shares. Bonds. Stocks. Annual Reports. '10 I Whatever you're offerinq, we help you reach out .„-JI~ZZL=r-~ mmM' If I to 86.7% of all adults In Singapore dally. "=KT. I I 1 i-"* ianwy J JlB The Straits Times The Business
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8959 24 INDUSTRIALS Consuntor products 2000 Last Vol Day N«t Cap Low Company 'OOP HH> lw PH 402 310 Ajinomoto 384 4 13 390 380 24.4 155.6 130 91 Anqkasa 124 7 479 125 115 182.8 444 290 Apollo Food Hlq 430 10 250 434 420 KX2 172.0 2975 2700 BAT 50c
      8,959 words
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      Lock icon Late buying of blue chips boosts KLCI
      438 24 AFX-Asia, AFP Q Composite Index +&38 MALAYSIAN shares ended 0.8 per cent higher yesterday on late buying of key blue chips and retail interest in cheaper stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 8.38 points to finish at 1,009.21.
      AFX-Asia,; AFP  -  438 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2986 25 BONDS &WARRAMTS Feb23 11 M Bay MM SSc ta 'SS m. **r- rw» Lw fcy t—||M> Mn HM IllllmH Ldl *95 '®:J J 'J*® e r unch 167 44 43.5 43.5 44 311 f 154 jj 2 69 17 59 M I it flg 05 4 39 is 15 4
      2,986 words
    • Article
      Lock icon SEOUL
      303 25 AFP n Composite Index +30J6 THE Korea Stock Exchange Composite Index closed up 30.65 points at 880.67. Volume was 226.0 million shares worth 5.4 trillion won.—AFP I»a 9m Anam Saml...... 8900 290 Brain Tod»_ MIO MO Central Bank .2920 180 ChrtComm 13*900 -2000 Dm Go Bank 7790 360 OMsanq
      AFP  -  303 words
    • Article
      Lock icon MANILA
      278 25 AFP Composite Index +29 J A TECHNICAL rebound pulled up the Philippine Stock Exchange Composite Index, which rose 29.1 points to close at 1,828.93 points. Volume rose to 7.5 billion shares worth 2.0 billion pesos from 5.2 billion shares worth 1.7 billion pesos on Tuesday. *h COM) MRC Allied
      AFP  -  278 words
    • Article
      Lock icon WELLINGTON
      273 25 AFP PHISE-40 +2&7 NEW Zealand's share market enjoyed a good day yesterday with the top 40 index rising 1.4 per cent. The NZSE-40 Capital Index again showed resistance close to the 2000 barrier, closing 28.7 points higher at 2041.63. Turnover was worth NZ$62.5 million. —AFP **U_ US COOO) Advantage
      AFP  -  273 words
    • Article
      Lock icon SYDNEY
      587 25 AFP flAnOrtairieg +1L3 AUSTRALIAN shares closed 0.4 per cent higher yesterday on the back of a strong media and telecoms sector. The benchmark All Ordinaries Index rose 11.3 points to 3112.5 points. The All Industrials Index rose 44.8 points to 5522.9 points while the All Resources Index slumped 27.5
      AFP  -  587 words
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      Lock icon BANGKOK
      742 25 AFX-Asia yiSETbdex +0,57 THAI share prices closed sharply higher on bargainhunting after Tuesday's sharp fall, with a technical rebound helping lift the index further, although buying remained cautious, dealers said. The SET Index closed up 9.57 points or 2.52 per cent at 389.00, off a high of 393.42 and
      AFX-Asia  -  742 words
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      Lock icon JAKARTA
      671 25 AFX-Asia 11 Composite Index +L01 INDONESIAN share prices closed little changed amid ongoing foreign funds outflow on the back of a higher US interest rate outlook and the regional switch to growth stocks, dealers said. The Composite Index closed up 1.01 points, or up 0.17 per cent, at 584.43
      AFX-Asia  -  671 words
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      81 25 watches are a hundred years behind the times". flfljjjfel A certain me want ||*F"'^BEL improve th em. This nothing less than bringing them up to the same standards jaKfflte^^iSfSMk^ technical same that attained over a hundred years ago. This step backward is really CHRONOSWISS l|«T t-i Faszination dcr Mechanik lV»!mr
      81 words
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      196 26 ur Milestones Hawker support office Tengah Air Base to the RSAF y Full fledged commercial office set up i M Seletar s= I I conglomerate 1995 ACHIEVED ISO 9002 CERTIFICATION [certified by K body m 2000 Shifts to larger facility at Seletar Airbase k *^ji§ff to extend activities r. vo-
      196 words
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      154 27 HAWKER PACIFIC ASIA <Sp shifts to larger facility at Seletar Airbase One of Asia's largest, expands further with new 2 million hangar. Now positioned for greater challenges to be the one-stop general aviation support-services provider for the region. Hawker Pacific's new premises is not only one of the irS' i*-~
      154 words
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  • Article
    Lock icon STOCKS sgx
    8764 28 SOX MADVBOARD Transaction date: Feb 23 Or Or M Wt 52-Wk Last Vai Day Last Ouo(t Mv Oiv YM Nat Cap Avg Law StNa Campa"V Wi rooo) Nm> Law 6»yar «—f Clf Prtca MULTI-INDUSTRY 182 69 me 1000 Acma 50c 143 *2 355 144 136 142 143 10
    8,764 words
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  • MOTORING page
    • BUMPER to BUMPER
      • Article
        Lock icon VW 1999 profit down 26%
        131 29 EUROPE'S biggest carmaker Volkswagen has reported a 26 per cent drop in 1999 profits, according to the BBC. The company turned in net profits of 1.65 billion marks (551.43 billion), down fh>m 2.24 billion in 1998. But the company said excluding the one-off charges resulting
        131 words
      • Article
        Lock icon Inchcape share price under pressure
        112 29 THE share price of Inchcape pic, the world's largest vehicle distributor, has been under mounting pressure of late. The stock, which hit a high of over 1,400 pence in 1993, has settled to around 250 pence in recent weeks. According to market sources, the counter
        112 words
      • Article
        Lock icon VW scraps RR, Bentley dealerships
        132 29 VOLKSWAGEN, which owns Bentley and Rolls-Royce (the latter till 2003, at least), has terminated a number of Rolls-Royce and Bentley dealerships across Europe. More than a few have been re-allocated to Volkswagen or Audi representatives. Some of these businesses have been representing the two top-end
        132 words
      • Article
        Lock icon Less fuel, same power with Saab
        64 29 SAAB, a fully-owned unit of General Motors, has come up with Saab Variable Compression—an in-house invention expected to cut consumption without sacrificing engine performance. The concept, as the name suggests, adjusts compression ratios to allow the engine to run on fUels of varying qualities.
        64 words
      • Article
        Lock icon 3-day adventure trip to Malaysia
        46 29  -  Compiled by Christopher Tan AUTO adventure organiser Wheels for Fun has lined up an Endau-Rompin trip from tomorrow to Sunday. The programme is tailored for nature lovers and will include four-wheel-driving, trekking, long-boat rides and camping. For more information, call 235-2591.
        46 words
    • Article, Illustration
      Lock icon Kickbacks common in car sales, court told
      568 29  -  Sales reps earn fees from finance firms, used-car dealers, insurance agents: ex-Kah Motor exec Reports by Christopher Tan [SINGAPORE] Sales representatives received commissions from used-car dealers whenever they introduced owners who wanted to sell their vehicles. Kickbacks also came from various other sources,
      ARTHUR LEE  -  568 words
    • Article
      Lock icon The Case
      156 29 ALAN Tay Kian Hua, formerly a manager of Kah Motor's used-car division, is claiming for alleged unpaid incentives amounting to more than $700,000 upon termination of service last February. Kah Motor has challenged the claim, with general manager Tan Kheng Hwee basically saying Mr Tay had been compensated
      156 words
    • Article, Illustration
      Lock icon Alliances, conquests aplenty
      968 29  -  VIEWrTftfiTl Rumours abound but secrecy Is a crucial element for a successful M&A, says Christopher Tan CHRISTOPHER TAN THERE'S a line from the 1997 B-grade hit, Men in Black, that fits the world of automotive mergers and acquisitions (M&A's) like an alien in Roswell. That is, "nothing
      968 words
    • Article
      Lock icon The OMV guide
      1233 29 Average open market value (OMV) of cars registered in January. MOOQAMKE CC AVE OMV($) ALRA ROMEO A1461.CTS 1598 17.132 ALFA ROMEO A156 2.0 1570 24.375 ALB* ROMEO A156 2.5 2.492 26.633 ARMSTRONG 9D0ELEY A8 420 JU72 87.460 ASTON MARTM DB7 VWTAGE 5.935 ***** Auaaceoee 1595 ***** AUQ8L1A48
      1,233 words
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      284 30 Where to wine, dine and < -Offering the lowest interest rate in town 290 4545 Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: $25 (Adult), 40% discount (Child) Dinner: $26 (Adult), 40% discount (Child) For reservations, please call 290 8005/299
      284 words
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      Lock icon Page 30 Advertisements Column 2
      113 30 I Savour local Care and our award-winning Chatterbox Chicken Rice. We are open 24 hours daily in case rou have not eaten yet. Enquiries: 831 6291 Marukt™^Svyaporr mm 13 Orchard feud. S.ngjpore *****7 M 737 4411 Fm 732 2361 HOTEL GRAND CENTRAL UMITEO I 22 Orchard Road/Cavenagh Road. Singapore *****7
      113 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 1
      836 30 \\l\ Central Swearing In. 5.00 Sajian: Aroma. 8.00 Trans World Sport. B 9.00 AM Kids Central: POW. 00 City: Single White SJO .Ifrfohf Drama) 9.00 Asia Sports Show, pr Ransprs Turbo" o<> AkSI Mat Yoyo. 9.30 Sports Night. Passing The Torch (Pi u 3 The King of Queens: 630 Fikir-Fikir.
      836 words
    • Miscellaneous
      Lock icon Page 30 Miscellaneous Column 2
      286 30 CRYPTIC CROSSWORD ACROSS (8) 1 Like list to include really good ag- 5 Subduing a large number in gressive guy (9) sound fashion (6) 9 Spirited instruction guiding the 6 s P ted sate material put out (9) players (7) 7 Unusual trifle-if s savoury* (7) 10 The top man
      286 words
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  • Article
    Lock icon HOUSEHUNT
    3403 31 HDB transactions between Dec 26, 1999 and Jan 29, 2000. TYPE/LOCATION POSTAL CONTRACT BUILT-IN PRICE PSF TYPE/LOCATION POSTAL CONTRACT BUILT-IN PRICE PSf CODE DATE (SOFT) (S$*000) (S$) COOE DATE (SOFT) (SSUOO) <SS) 3 Boom (typo A) Choa Chu Kang St 52 *****9 02-Jan-00 1130 308 273 Bt Batok West
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      93 31 Pay FIXED INTEREST RATE from date In [ill [Si release NOT date of letter of offer ■LiiJlbß F° r housing loans without hidden conditions, call us —we have been financing homes since 1950 I We provide loans and financial assistance for your Corporate and Personal Financing. Jin Hi ik PK
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      666 32 10* IS Wiml' f:i -I "M S "vV* > \T •■IOK 'if if •>,** j., *25 r I 4 Ifsiv. s |k yf*. v '"V ifW« make A NOTEWORTHY :V ">* v- jPWS&%V I^"' ;V ,> \j /jfajl -OK*"' -W a W/ J XIVI- so, INVESTMENT with HDB i. -vvj
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  • PROPERTY MANAGEMENT
    • Article
      Lock icon Maximising returns for property investors
      956 33  -  Jordan hbo and oho peck HUAN look at what professional managers do JORDAN NEO,ONG PECK HUAN Mr Neo is executive director, real estate manager. Colliers Jardine (Singapore) Pte Ltd, while Ms Ong is the firm's quality marketing communications manager TO many property owners, the task
      956 words
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      262 33 BOAT QUAY CONSERVATION SHOPHOUSES FOR SALE Location Boat Quay Total Land Area; 233.98 sqm/2,518.6 sqft Total Floor Area: 665.6 sqm/7,164.52 sqft (approx.) Tenure 999 years wef 28/6/1826 Gross Income $22,000 per month (approx.) Mode of Sale Tender closing 4pm, 23rd March 2000 For further details, please contact Sole Marketing Agent
      262 words
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      75 33 Classified First. Wan/ fo pidfc up a new hobby? Or simply join the paper chase? Check The Straits Times Classified First. COREX BUILDING FOR SALE Address 10 Tannery Lane Description A 7-storey factory cum warehouse building •Land Area Approx. 1,782.95qm (19,191.145qft) Gross Floor Area: Approx 4,062 6 sqm (43,730 sq
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      376 33 Get to the WffTEA ..of timely and highly relevant information on 15,000 future construction projects in Asia in the next year, providing your firm with those constantly sought-after contracts! ..with a telephone number you can call five days a week to investigate rumours about any project or find out about
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  • BY DESIGN
    • Article, Illustration
      Lock icon Floored by the myriad of choices
      748 34  -  MABIBBA chew looks at the perennial favourites and the latest options MARISSA CHEW AS a young monk in Tibet, the Dalai Lama used to enjoy skating on the highly polished stone floors of the Potala Monastery. But if stone flooring or slip-sliding for that
      ARTHUR LEE  -  748 words
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      297 34 wlto*" .^I I E< I iKf '-^B ■Kl yaKf* 5>- &a\ I HI-' Hpr^ ■jfli rvmi ■J 9w i ii, > T ficfM MW «Mfl ,'jEjaßßPy l jtTm A I j j» H tdK i v I Iff n M II At Internet, the best technologies are employed to ensure
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      66 34 Amana Refrigerator Freezers Tl»« fcailM-ln Ptfrif*««l*t SXDS22VECNT 22 cu ft 620 litres Built-in, Side-Oy-side Ice'N Water™ Dispensing, Refrigerator, Black with Stainless Steel doc* wraps and Solid Stainless Steel handles H i I UP I J1 9 r.iHH ■Bl I 140 Prrm Ltm Ro«d »o*-0e A-Z BuMlng SfigapOT 408C'5 T« *****
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  • PROFILE
    • Article, Illustration
      Lock icon Hotelier's passion for The Fullerton
      1097 35  -  Manvinder Puri, new chief of The Fullerton which opens in December, tells KALPAMA RASHXWALA what keeps him going and his plans for the landmark hotel KALPANA RASHIWALA THE new chief operating officer of The Fullerton Hotel, Manvinder Puri, may be a sophisticated, jet-setting man of
      SIEW YAW HOONG  -  1,097 words
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      372 35 Collective Sale i«h*m«iih ONE TREE LODGE Prime Freehold Residential Site at One Tree Hill/Grange Roed Site Area: 33,966 sq ft DGP Plot Ratio 2.1; up to 20-storey Situated within a prestigious residential enclave 1* Close proximity to Orchard/ ~J Scotts Road Shopping Belt V Im" —^5v I Suiter to SJrttt
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Newcomers eyeing property pie
      1112 36  -  Several companies, whose core business is not in real estate, are making forays into the sector to boost their bottom-line, reports carol eng CAROL ENG AN increasing number of listed companies whose core businesses lie elsewhere are venturing into the property market in the hope of
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      82 36 Premium Automobiles Branch Showroom 61 Übi Avenue 2. #01-11 Automobile Megamart. Singapore *****8. Tel 84 1 1 183 Fa* 841 3181 Part* ft Service 27 Leng Kee Road, Singapore *****8. Tel: 473 1 183 Fa*: 473 1131 According Auto napirine, "with its features, the the established leader of the pack
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      17 36 INSIDE Floored by the myriad of choices, P|*4 Interview with COO of The Fullerton Hotel, P| 35
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      272 37 Bridge News, Reuters C APESIZE rates continued to move in the owners' direction world-wide and panamaxes firmed in the Indian Ocean area, although rates in this category were steady everywhere else, brokers said. In contrast to capesize and panamax owners' fortunes, owners of tonnage around 20,000-30,000 dwt continued
      Bridge News,; Reuters  -  272 words
    • Article
      Lock icon MARITIME STOCKS
      275 37 ma it *f- w CWT Distribution LIS 0.02 M Oman Hup 0.42 OOI 7622 Com* EwaUwanl L06 unch 80 ftrataMUnka 0.32 unch 4509 MHaMnp 0.79 unch 0 Hal Sun Hup 0.75 -OOI 67 IMC HMdhy-HK 5.60 unch 0 K«pp*!c«V^L_— 4.00 006 4593 KapptfrtLS 117 0.01 151 Kappal Marina
      275 words
    • Article, Illustration
      Lock icon Port State Control changes to be finalised today
      400 37  -  Members expected to agree to increased inspection rate of 75% for Asia-Pacific By. Ann Toh [SINGAPORE] The 17 members of the Tokyo MOU (Memorandum of Understanding) on port state control (PSC) are expected to finalise several amendments to the PSC manual and
      400 words
    • Article
      Lock icon German yard wins boxship orders at Korean prices
      658 37  -  MEWBUILDS By David Hughes IT is sometimes interesting to compare the second-hand and newbuilding markets. As is obvious from the table, dry bulk carrier newbuildings are still being ordered in considerable numbers. Demand for second-hand tonnage, and particularly of relatively modern tonnage,
      658 words
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      Lock icon SembKim invests $3m in 4th purpose-built landing craft
      187 37 [SINGAPORE] Singapore-listed Sembawang Kim trans has invested $3 million in a purposebuilt landing craft, Kimtrans Xpress to service a major gold mine operator in Sulawesi and new mining ventures in the region. Kimtrans Xpress, measuring 57 metres long and 14 metres wide,
      187 words
    • Article
      Lock icon UK port firm's profit down 93%
      208 37 Bloomberg [LONDON] Associated British Ports Holdings pic, the UK's largest port operator, said 1999 profit fell 93 per cent after the company took a charge for a US acquisition that has not performed as well as was hoped. Net income fell to £5.6 million
      Bloomberg  -  208 words
    • Article
      Lock icon Surplus of chemical tankers to hit earnings
      227 37 Reuters [LONDON] The world's fleet of chemical tankers has risen by 25 per cent over the last four years leading to a tonnage glut and the spectre of reduced revenues for shipowners. A report by Ocean Shipping Consultants said shipowners will be forced
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    • SHIPPING news
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        Lock icon Oil tanker spills on a downtrend
        548 38 Better waterway management credited for improving record The Tanker Despite the two heavy fuel oil spills from Erika and Volgoneft 248 during the last few days of 1999, the past decade has been one of further steady improvements in the accidental tanker spill record.
        The Tanker; Source: Fearnleys, ITOPF  -  548 words
      • PORT Shots
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          Lock icon Industry criticises IMO red tape
          163 38 SENIOR shipping figures have attacked the International Maritime Organisation (IMO) for being too slow and clumsy to be truly effective. Jan Lemieszewski, head of the Environment Division at the Swedish Maritime Administration, commenting on the different national and local environmental quality control laws, said that
          163 words
        • Article
          Lock icon Boost to Australasian liner trade
          75 38 ANGLO-DUTCH container line P&O Nedlloyd is to boost its direct services to Australia and New Zealand with the introduction of seven new 4,100 TEU ships by 2003 in partnership with UK-based company Contship Containerlines. The ships, operating on the routes from Europe and the US
          75 words
        • Article
          Lock icon Mid-East/India rates rise
          68 38 MEMBERS of two major liner conferences trading from the Middle East and India to the UK and northern Europe are pushing up rates from the start of April. Carriers including Maersk-Sealand, CMA-CGM and P&O Nedlloyd operating as part of the India Pakistan Bangladesh Ceylon Conferences and Europe
          68 words
        • Article
          Lock icon Seabourn goes worldwide
          50 38 UK-based cruise line Seabourn is to launch its first world cruise next year on board its flagship Seabourn Sun. The 99-day, 33-port trip on offer from the subsidiary of US giant Carnival will leave from San Francisco next January and cost a minimum of U5542,000 per person.
          50 words
        • Article
          Lock icon Dry bulk rates tipped to surge
          149 38 A NEW report from UK-based Ocean Shipping Consultants predicts that freight rates in the dry bulk sector will recover strongly over the next five years. In "Bulk Shipping Freight Markets and Investment Prospects", it says "the outlook is now very positive" and that "the
          149 words
        • Article
          Lock icon Odfjell profits drop
          91 38 PRE-TAX profits for Norwegian chemical tanker specialist Odflell fell nearly 37 per cent last year to US$25 million, down from U5539.4 million in 1998. The company said that a drop in average daily freight rates of 14 per cent, increased depreciation due to newbuilding deliveries, greater administrative
          91 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      164 38 PACE DSfiSenator 4 ACL 6 Detmas 4 AMI 3 8 Accord 8 Dongnama 3 Appenship 5 ECl 4 Austral 8 ECUL 6 Bdidii Sflpg 5 Evergreen 6 KA 7 FoongSun 8 6'tangMas 8 GL k 4 cm t 6 au m ZZ* J CSAV 1 J Hyundai
      164 words
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      Lock icon SHIPPING GUIDE SHIPPING GUIDE
      15805 45 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT Tn £t\ 1"** yg*** TMaphona ETA ETA Advarttsar VassM Voyaga Talapnona MM Bwfl Mt N—» Mrnttm NwnOor SIN Dnt'n Nam* Njm« Number Number mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm mSmmSSmmmSSSSmmmmmSSmmimi^mmSSSSmmmmmSSS^ 12/01 02/04 Austral CAPE HOWE 03SO 45-*****22 z> B ™r <jt? z 7T r™r NT T (BUN,2 59
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        684 49 Vessel Voy No Berth Arrlvd Departure Petro Opt i 12/00 Km 23/02/2:45 24/02/3:00 Nikkei Ekqfe 45A J22 23/02/4:10 28/02/7:00 HMdy Espera 4 J23 23/02/4:40 26/02/12:00 East Lifter PV253 J16 23/02/6:40 24/02/5:00 Spc Citric or *****0 JI2 23/02/6:30 23/02/19:00 ttkreoeoto 48 PDW037 J17 23/02/6:00 24/02/500 Swyk FtB-01 J02 23/02/7:40
        684 words
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        Lock icon CONTAINER SCHEDULES
        1846 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO BoofclfHj/Bolonc* Bstls Ship Voy No Etb/Btr Period From To From AM MMNOCIA 0204 24/BOO 21/1500 2VW4 fWWO a 23/1900 2V*54 JV»00 23/1700 24/0454 5*22® 28 23/1700 24/0454 24*900 3 24*700 24*54 J4/WOO 4 24/1200 N"* 5 *4/1700 *U« 44» 24/23:54
        1,846 words
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        Lock icon GLOBAL HOLIDAYS
        206 49 Feb 28 Taiwan: Peace Day. Marl Korea: Independence Movement Day. Marl 6 Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Brunei: Hari Raya Aidiiadha. Mar 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). MarlS Taiwan: Market Holiday for Presidential Election. Mar 20
        206 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        772 49 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on averagesized stem Market move menu are Indicated. The Cockett Bunker Price Index change and the
        772 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        448 49 CvtM NO Ma 990 J 0.8 16.9 0.0® 71 0*5 u n OaMttv Water MM Aid UmMm SedhMUt No aOow £25 0 0 10 2=2 212 300 AM 900.4 0J MJ 0X7 42 0.03 300 Ma 990.9 0.7 *2 0.14 270 0X6 WW %in M/M %M/M
        448 words
    • ASIAN AEROSPACE 2000
      • Article, Illustration
        Lock icon Airbus eyes December launch for largest passenger jet
        560 50  -  But European aircraft maker predicts global slowdown in aircraft orders this year By l George Joseph [SINGAPORE] European aircraft maker Airbus Industrie yesterday forecast a worldwide slowdown in new plane orders this year but, confident of an increasing demand for larger aircraft,
        AFP  -  560 words
      • Article, Illustration
        Lock icon Sale awards US$240m engine order to IAE
        376 50  -  By George Joseph [SINGAPORE] Singapore Aircraft Leasing enterprise (Sale), a world leader in aircraft leasing, yesterday awarded aUSS24O million (Ss4oB million) engine order to International Aero Engines (lAE). The engine order is the largest ever made by Sale. An associate company of Singapore
        376 words
      • Article
        Lock icon Rolls-Royce wins US$600m orders
        95 50 Bloomberg [SINGAPORE! Rolls-Royce pic, the world's No 2 aircraft-engine maker, said it won contracts totalling US$6OO million (551.02 billion) from Continental Express and the US Navy. It won a US$49O million jet engine order from Continental Express Inc, a unit of Continental Airlines Inc, to power
        Bloomberg  -  95 words
      • Article
        Lock icon Step up safety standards, ICAO chief urges
        466 50 Bernama [SINGAPORE] International Civil Aviation Organisation (ICAO) president Dr Assad Kotaite has called on the industry to step up safety standards in the face of pressure from the growing traffic worldwide brought on by globalisation. "We seem to have reached a plateau, a
        Bernama  -  466 words
      • Article
        Lock icon Satellite navigation holds key to future of aviation
        290 50 AP [SINGAPORE] Satellite-based communications hold much promise for the future of air safety, aviation officials meeting in Singapore said yesterday. "Satellite-based is the way to go, it's the wave of the ftiture," said Tom McSweeney, associate administrator for regulation and certification at
        AP  -  290 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1683 50 an man n* fucwt 00 MMM* S*738i ")iO 8*7382 205C Olll|l»l »«3 WO C2352 <*35 Ofti 1910 0fS2 2050 2045 SQ904 Kn5 mm nx »w« mo «mo m HBS IS 33K5 8 jb a a ss ss: at S0g7 0025 S024 2345 —EM MMOT2 MM $0286
        1,683 words
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      7 37 Reports from Asian Aerospace 2000 Back page
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      176 37 SingaPort 2000 6th Inltr national Maritime Exhibition and Conf«r*nc« SingaPort 2000 Asia's Premier Maritime Event a week you can't afford to miss! T Expo OPENING HOURS 29 31 March 2000 10:00 hrs -17:30 hrs Network with the [special highlights maritime experts. IT Pavilion borne 400 companies from 32 countries will
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      190 38 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com ,e: SENLIM AGENCIES PTE. LTD. 133, Now Brtdga Road, •06-00, CNnatown Point A Spore 05©413. Tat
      190 words
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      729 38 Lines services represented by Members of the Registry of Accredited Shipping Agents, S pore Notioool Shipping Assoc. ULY LINE MALE I vfssEi voy HA flu ns P. KLAWG jfQB MAU Empress Lily VO2OO 23/02 21/02 01/03 Princess lily VO2OO 10/03 11/03 20/03 Empress Lily VO3OO 26/03 28/03 08/04 ULY MARINE
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      6 38 Members of the Singapore Logistics Association
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      1078 39 SAX SERVKE (DIRECT) vesa vor smeia ux oak pal hou oa eg mbw <n ntc tfirommm 02a 23/02 04/03 14/03 14/03 M/ 03 14/03 u/m u/o 15/03 15/03 nva oik 01/03 u/03 21/03 21/03 21/03 21/03 21/03 21/03 22/03 22/03 Aft GARNET OIK 08/03 23/03 OUT 23/03 23/03 23/03 23/03
      1,078 words
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      1592 39 @HANJIN SHIPPING Ik Pi 4 Ms h#y» Lm -Mb *****30 HAMJW SHirflWG (S) PTI lIP //ww Mp. cot lOOtmc *****3S 737 SAUS *****74 734 POCUMHT *****71 774 OfHttIKMIS *****5»751 Nil UW *****55 HI 777W44 (IK) lIS34WOOOMI TO NW USA A CANADA USA f/NMATA* I oam Isb I sia I nw
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      201 39 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 CONSOLIDATION, WAREHOUSING, TRANSPORTATION, HOUSEHOLD REMOVAL AND CAR TRANSPORTER LCL CONSOLIDATION SERVICE An iffilute of Mitsui OSK Lines H»i Sua Hup Group Cm§M Exma Lfistics n* LU pU, _S§SDH*D2a -OA BXQBE 30 Boon Lay Slfpn
      201 words
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      1453 40 DSR-SENATOR LINES TO UK/CONiumisNT TQMEUfIIiKRANEANCANADA WW v» ta HTM ANB (WW [wV FU ttSSft Ly MM GIT V* FOS W.C WTW NAIUN LONG BEACH BBB6W 25C KB] MO IBM 17 OMM CHOYANGCHANCE M37W 24 B? lla 14« MB lIU "Sin HMUM(SLUNS M73W MO3 2111 27 O 23 03 MB 27
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      704 40 MAC-NELS S'PORE M'SIA C«l1W. Mil COWTR Ulia, WC P. OUDANO: (07) *****26 l~J\y V2_J CM*"* IMUIIiOMIM S®U: (064)*****8 MAMLA: (632) *****24 SURABAyHD *****11 P KELAWG: (03) *****// JKT: (21) *****46 KUCHNQ (062) *****1-3 PORT KiANO MANILA MV CONTI FRANCE V. 002S MV LT. EUROPA V. *****N ETA SIN: 28-2-2000 ETA
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      601 40 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO I'PORE N SHEVA COLOMBO P KLAHG "FB 07 MAR 12 MAR 11 MAR rAP?ro.« ,5,, A,, 14 11 MAR »MAR CAPE CREUS V IB3W 12 MAR 21 MAR 7t MAR «1 An 1. MAR Z™ H APR HI LSI OAS V 122 2f MAR M
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      1626 41 j VESSEL VQY KHH HKO SIN PKG DXB OMM BA BIK IRAN BAABAEI PCL-142 18/02 18/02 22/02 23/02 04/03 05/03 07/03 00/03 IRAN SEESTAN PCL-143 23/02 25/02 20/02 01/03 11/03 12/03 14/03 18/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/03 08/03 18/03 19/03 21/03 23/03 IRAN SATTARI PCL-145 08/03 10/03 14/03
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      981 41 W. 1.1. FEB 2000 ACCEPTMO TO DAKAR, U6OS, TMA ft I A»WAM WOettOA^rl I CO«H^HI»MHG > m 118 BC,BOBINSON "00 HJt: *****00 OUTWMD (l/iT^'^OSMr'^ollotHXFla^ s?£%« [IT] h h L sms„ L r "s7 J* TIN Hf /0174f 01/D3 04/03 IA/M iJm* IMB 24/02 21Afl fal/vvT MTt IM 06 ASM IVA
      981 words
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      638 41 wm—^ EXPORT I IMPORT "j a —lis ijh, ijffi ija, ijxijjj I JjjSjfStfK/n vIP 02/04 03/04 I 04/04 05/04' ip/04 IKJ CdffMHAGPI 02<g 17/02 ™/i 2 n/02 M/W »7M I A^—CAMOBKU wo* ii fmiwra. »&v o* n frranw* vt* itta ?i Mmwrwmi transpacific SERVICE I import Kg*. |wr I II»
      638 words
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      1327 42 EUBOPtWSCADDINWIA/FINUUID/BUSSI* S6P ROM ANW HBG THP ZE£ LMW LHV THP RDM ANW HO6 PKL I $GP I E. DECENT RW-013 20*2 IMS 22*3 17/03 19*3 21*3 22*3 E REFINE RE 024 >3*2 (6*2 04*2 00*2 M*2 27*2 21*2 I DUMONORW4I2 14*3 23*3 2«*3 25*3 27*3 21*3 20*3 E. ROYAL RE-Mt
      1,327 words
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      916 42 ADVANCE CONTAINER LINES (PTE) LTD •M 1 m I TEL: *****21, FAX *****19 TELEX RS ***** ACLPL FO« BOOKINGS PUASC CALL: *****22 SALES A MARKETING *****2128 OPERATIONS *****60/ *****06 CR NO **********0E RAMCKO* l4lltwQi/WMt JAKARTA •(7 Um^mUk) vtssa VOY SM HOC VESSa VOY I SW I JKT YANTRA AHUM [PAT]
      916 words
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      385 42 "UJ SO TEL OK ILANGAH ROM) #62-62 CTTIPORT CENTRE STONE MCI TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W rasa wr ra etc aESiMn mum mmxnm snm turn* wan namanm mm mmm MBM* mßim BCISM FRLBMEaHLMM ummi tinman itmam rwm* Far enquiries and boofcinfs picas* coatact
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      385 43 BSA M MYANMA wHBk FIVE STAR UNE (Myamar Notional Lmo) loading far Yasgoi (Raagooa) VBSa VOT SIM PU PEN PGU smwi «m sld MM-A* 2*7W SLD MALAYSIA AGfMTS: DOUSTEAD SMTfWG AGENCIES KUL TO (03)*****00 Ml: TEL (03)37*6101 PBfc m (04)2****** PGU: TH (07)*****21/4 BANK LINE (A strvkt »f W»ir Shipping)
      385 words
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      1204 43 HYUNDAI MERCHANT MARINE CO., LTD. IVtSSB ¥0T ISM I SOU lUNIWW AW HAM I BtV IHI I VBSB wr sou ibi I rim |aw ham rrv ~hT *aT W SSOW 24/02 13/03 11/03 15/03 l*/03 DAMUK S4« 01/02 02/02 o*/02 04/02 24/02 MXRB 014W 25/02 17/03 11/03 12/03 14/03 HYFBKkAI
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      600 43 v&v WALLENIUS WILHELMSEN TO NORTH AND LATIN AMIRKA "CAR RORO HEAVYUFT SttVKE" |VESSEI VOY UW WIGHT iIN LBC MAO NUA SAV »A 1 Off MYf m* M*f UMn AHOOS 400 Ims 6.3 M 26/02 25/03 03/04 06/04 00/04 10/04 11/04 13/04 TfJoT l«/ 04 TAUOOT AHOO6 400 Ims 6.3 M
      600 words
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      1681 44 TftftHWIWUMtrTA PWJTfUHM Cffftffftffft] JAKARTA/PANJANQ VESSEL VOY I SIN BKK IMTPITCHT VESSEL VOY SIN JKT PJN S PEJA BHUM 821 SB ~25/02 27/02 XETMA BHUM" 324N 27/02 01/03 SHAHE* 026 27/02 01/03 ISm... Acxjtxi ULA BHUM 141 W 155 5555~ !d4°SE S2 »S? ?«3 I NANTA BHUM** 486N 01/03 04/03 06/03
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      53 47 "{Mj\ KYOWA LINE STL CONTAINER LINE Direct Breakbulk/Container/LCL I For Services To Service to Vietnam Calcutta "ani.a/Guanx/Saipan Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri Pg 6 See Page 7 Daily STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCI7LCL New Europe To eastlmalaysia middleeast/ 9»c< AbIA service DETAILS Pg 8
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      86 49 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated, Shipping Times now features a full page on logistics on Thursday every fortnight with news of current
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