The Business Times, 25 February 2000

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Total Pages: 70
1 70 The Business Times
  • 12 1 THE BUSINESS TIMES I MfTA (P) 035/12/1989 85C SINGAPORE wf"P 1 .V >
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  • 66 1 Dsn *****7 (-14.03) BT-SK2 77L53 (-8.66) nmniFtmjiEs mm 27&30 (-2.20) STOCK MARKET INDICES Thursday Changs KLSE COUP 1.009JB HJ2 NIKKEI 19,671.44 +5189 HANG SENG 17,*&M_<48L87 SET INDEX IKlt *1 JAKARTA COMP ***** -1034 MANILA COMP _J,7»481 -HIS TAIPEI WPI 4699.17 -4109 SEOUL COMP ***** -ID CLSA CHINA B
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  • 75 1 FOBEX BATES us* si liK*.: L714 £(IJSVSS per 1.661 1744 EUROfUSS/St/E) 1.002 1.717 DM 1.962 M78 YEN 111.1 1.543 R* MOO 0.461 HKS 7.781 0120 BAHT 3&II 004* RUPIAH 7.470 0.021 'Stto 100 units NUMERATES SINGAPORE* 5.80 KUALA lifMPUR 7.67 JAKARTA Jt.M BANGKOK 9 go MANILA H.OO HONGKONG 850
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  • 604 1  -  ■^■exclusive Majority owners need not compensate a minority owner for his tax bill By< Corinne Kerk [SINGAPORE] In a decision that will make it easier for collective sales of property to succeed, the Strata Titles Board (STB) has ordered Devonshire Court to be
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  • 748 1  -  Tlie state has frozen the assets of the prince and other defendants locally and abroad By' Yang Razali Kassim [SINGAPORE] The government in Bandar Seri Begawan, the capital of Asia's wealthiest oil state, Brunei, dropped a bombshell yesterday. In a stunning announcement,
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  • 511 1  -  Tech stacks will gorge until Wall St is convinced Fed will up rates throughout yean analysts From i Andrew Marks in New York WITH US technology stocks staging a powerful rally on Wednesday and boosting the Nasdaq Composite Index to a record high
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  • 66 1 [NEW YORK] Stocks were sharply lower in late morning trading yesterday after starting the day mixed. Technology-dominated Nasdaq Composite index gave back early gains and at 11 am EST stood at 4,504.44, down 45.86 points. The Dow Jones Average was sharply lower as well, losing 228.03 points
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  • Article, Illustration
    191 1 Source: Bloomberg Nasdaq stocks take off FEB 23'00 DEC 31 99 CHNG STOCKS CLOSE (US$) (US$) TVQTechUtS 2,200.00 950.00 1,250.00 Incyte Pharms 252.00 6000 192.00 Terayon Comm Sys 242.19 62.81 179.38 Globespan 216 75 6513 151.62 Curagen 217 63 69.75 147.88 SDL 361.88 218.00 143.88 Millenium Pharms
    Source: Bloomberg  -  191 words
  • 771 1 COMMENTARY Whafs needed is a sea-change in long ingrained attitudes, writes WITH Singapore'* economic recovery I well advanced, where does it go from here, given thatthe world economy is fast changing and what worked I yesterday may not work as well tomorrow? Before getting into
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  • Page 1 Advertisements
    • 115 1 D|g»Pg Top stortos Parkway Parade building sold for $480 m. Buyer is Asia Pacific Investment Company, owned by NTUC Income and Australia's Lend Lease. Mmxt Pmg* "New economy" stocks will continue riding higher. Pg 6 Tuas Power to raise $500 m for phase 2 of power station. Pg 10 CyberWorks
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    • 38 1 Dr Hu's budget statement BT's online edition will carry the Finance Minister's Budget statement when it becomes available after 6pm today, and OCBC Bank's 1999 results when they are released at spm. We are at http://buskMM-tifnM.asla 1 .com.tg
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    • 33 1 Ofvwtfc to hit top qf 4.5-6.5% range, Next Page More report*, P# THE DIVIDE Can you afford to miss out on the technology bull? Exec Money. 'V Sniffing out good buys Exec Lifestyle.
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  • NEXT page
    • 403 2  -  Price works oat to $960 psf of building's str&ta/lett&ble area, which is said to be fair By* Carol Eng [SINGAPORE] The Parkway Parade building has been sold for $480 million to Asia Pacific Investment Company (Apic), a property investment firm owned by NTUC
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    • 591 2  -  Internet frenzy pushes Hang Seng index up 4.2% From Meera Tharmaratnam in Hongkong SHARES of Tom.com's IPO are estimated to have been oversubscribed by 1,500-2,000 times, pulling in as much as HK$l5O billion (Ss33 billion) in application monies for tycoon Li Ka-shing's maiden Internet venture.
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    • ON THE grapevine
      • 191 2 SINGAPORE property stocks, which used to be investors' favourites just two years ago, have been underperforming in recent months. Meanwhile, dot-com issues have been hogging the limelight. But there may be hope for property stocks yet, according to Prudential-Bache Securities. The research house reckons that these
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      • 47 2 THE Grapevine hears that television newscaster Linette Tye is back to her globe-trotting ways. Ms Tye, who came back to read the news on TCS' Channel News Asia after a stint at BBC London, will be heading out soon to Palo Alto, California.
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    • 790 2  -  Financial services, construction seen recovering by H2 Byl Audrey Tan [SINGAPORE] Singapore's economy is firmly on the mend with the laggard sectors financial services and construction likely to improve in the latter half of this year, the Ministry of Trade
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    • 321 2 PEOPLE [SINGAPORE] Citibank yesterday announced that former television star James Lye will be Joining the investment services team at its International Personal Banking (IPB) division. In a statement that seemed to suggest that Mr Lye's stardom had little to do with his getting
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    • 82 3 jftflMßUMßßw—! 1 tf-"" --f .a?- 4 iß9t*wP Vv**. «fIHHP9s > *'-5? i .'i ~v<-*?*s-££k S§R2 ff* Mr James Graf, Managing Director, Corporate Finance, Merrill Lynch (Singapore) Pte Ltd Millenia I SINGAPORE PONTIAC MARINA PRIVATE LIMITED The Rit/ Carlton, Millenia Singapore Centennial Tower Millenia Tower The Conrad International Centennial Singapore Millenia
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  • ECONOMIC survey '99
    • 381 4  -  Industry will become major sector in S'pore economy, says perm sec By, Jennifer Lien THE information and communications (infocomms) industry will one day become a major sector in the Singapore economy, Trade and Industry Ministry permanent secretary Khaw Boon Wan said
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    • 504 4  -  Both domestic and offshore banking markets should gain with improved sentiment: MTI By, Anna Teo THE financial services sector was flat last year but bank lending, which has been weak for several quarters, should start picking up in the next six to
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    • 385 4  -  New relative unit labour cost index fell in 1999 to early-1990s levels Byi Anna Teo THANKS to a sharp decline in business costs, Singapore's cost competitiveness improved "dramatically" last year compared to its key rival economies. A new relative unit labour cost (RULC) index that
      Source: MTI  -  385 words
    • 304 4 construction WITH contracts awarded down by about one-third last year, the construction sector will probably remain in the doldrums this year. But the sector should bottom out in the second half and pick up by next year. This is the
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    • 582 4  -  ELECTROWICS Officials see steady growth for industry, Irat economists less optimistic By, Jenifer Lien THE spate of disk-drive related retrenchments is likely over and the industry should return to a "steadygrowth" state from now on, officials said yesterday. "I don't expect to see
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    • 463 4 THE key labour indicators improved markedly last year notably, productivity gains outstripped wage rises for the first time since 1993. Productivity grew 5.8 per cent, reversing a 2.3 per cent dip in 1998 and exceeding a moderate 2.7 per cent rise in average monthly earnings
      Source: Department of Statistics; Source: MTI  -  463 words
    • IN Brief
      • 108 4 THE headline GDP (gross domestic product) and sectoral growth figures for the last several quarters have been revised, just slightly in roost cases. For the 1999 fourth quarter, GDP growth came in at 7.1 per cent—or 1.1 percentage points lower than first estimated—because the December figures, especially
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      • 96 4 WHILE total economic output (or GDP) grew 5.4 per cent last year in real terms, the increase in nominal terms or at current market prices—was 3.9 per cent, to almost 1144 billion. Add net income from abroad, and the 1999 gross national product (GNP)
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      • 87 4 EXTERNAL demand was the main engine of growth last year, expanding by 6.7 per cent after a 4.4 per cent decline in 1996. Exports of both goods and services improved. Private consumption also rebounded strongly, growing 6.2 per cent last year on the back of increased
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      • 76 4 THE size of the external economy grew marginally last year, with overseas operations contributing 15 per cent to the economy, the same as in 1966.1996 survey data shows that Singapore's direct equity investment abroad amounted to $46.1 billion. Singapore is the largest investor in Vietnam, having
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      • 51 4 THE balance of payments recorded a larger surplus of $7.3 billion in 1999, boosted by a bigger current account balance and a smaller outflow in the capital and financial account The bigger current account surplus came from a jump in service receipts as tourist arrivals
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    • 1213 5 Of course it does! Ute ~<3fl A cool $5 million was reaped by 17 companies s as cost savings in a year. Another $50 million is expected to be reaped by some 200 Tlhat is what Singapore companies are April 1999- The 27 companies surveyed reportlenjoying simply by managing their
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  • SINGAPORE companies
    • 711 6  -  Most market experts pick established players like Sing Tel, Creative By Ven Sreenivasan ALTHOUGH "new economy" stocks have run up sharply and are trading at rich valuations, these counters will continue riding higher as the feeding frenzy on Internet-related plays continues unabated.
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    • 498 6  -  Lower provisioning, strong interest margins cited By\ Siow Li Sen OCBC Bank will be reporting full-year 1999 financial results today, and market expectations are that its net profit will be 50 per cent higher than 1998 as the bank benefited from
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    • 746 6  -  2VMII locksiew wong wei kong SINGAPORE stock brokers are slugging it out in cyberspace. Within a relatively short space of time, a dozen or so broking houses have launched online trading services. This is a good thing, for it shows that local
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    • 406 6  -  DBS says electronic application hiccnp not caused by technical problem Wong Wei Kong WHAT exactly went wrong with Aussino.com's IPO? Although the initial public offer opened on Monday, it was only yesterday that potential investors could apply for Aussino.com shares through
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    • 196 6 ECQUARIA Ltd, an Internet company that's 20 per centowned by MMI Holdings Ltd., a Singapore disk drive component manufacturer, said it secured a US$9 million (5515.4 million) investment from a group of investors. The investors include Baring Asia Pte Equity Fund part of the ING Groep
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    • 462 6  -  By Andrea Tan BELEAGUERED construction firm L&M Group Investments said yesterday it was in talks to buy a large Indonesian telecommunications firm. "All along, we have tabled our initiatives of developing an IT and multimedia arm within
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    • 474 9  -  It seeks to capitalise on huge market with piin ting and Internet ventures By Ven Sreenivasan LISTED i-One.Net has entered into printing and Internet ventures in China with units of the Shanghai-listed Cheng Cheng Group. It announced yesterday that its Singapore printing arm, Xpress Print
      FILE PHOTO  -  474 words
    • 345 9  -  First-quarter performance well ahead of previous Ql, says executive chairman By] Eugene Low FRASER and Neave is on track for significant improvement in profits in its current financial year which ends in September. Speaking at an annual general meeting yesterday, executive chairman Michael Fam
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    • COMPANY Briefs
      • 99 9 LINKS Island Holdings' public offer closed 32 times subscribed yesterday. The marine service provider's IPO of 50 million shares on the ma inboard represents 26.3 per cent of its enlarged capital. The shares, which have a par value of 10 cents each, were offered
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      • 111 9 VICPLAS International wholly-owned Vicplas Holdings has accepted an offer from Jurong Town Corporation to acquire a plot at JooKoon Circle. It will build a four-storey factory cum office on the 9,000 sq m site which comes with a 30-year tenure with an option to extend
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      • 118 9 INTER-ROLLER Engineering's net profit for 1999 rose 28 per cent to $1 million. Sales increased a robust 51 per cent to |45 million largely due to two large projects in Singapore—the Changi Airport Terminal Two baggage handling system and the Sats inflight kitchen handling system,
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      • 80 9 Reuters SINGAPORE Airlines Ltd yesterday said that SLA. Engineering Company Pte Ltd (SIAEC) would take a 10 per cent stake in Hongkong Aero Engine Services Ltd (HAESL) as part of a partnership strategy with original equipment makers. HAESL is a repair and overhaul
        Reuters  -  80 words
      • 133 9 Reuters [LONDON] In a week of some heavy-duty mergers and acquisitions in Britain's insurance sector, Jardine Lloyd Thompson Group, the UK's fifth largest insurance firm by market capitalisation, yesterday said it was strong enough to remain independent. JLT reported a 3 per cent rise in pre-tax
        Reuters  -  133 words
      • 51 9 Corrections Clariflcations IN our report yesterday, "Fastech posts 26% profit rise on strong sales", we reported that a special cash dividend of 11.4 per cent was declared. Fastech has clarified that this dividend was declared earlier in the financial year, before its initial public offering. No additional dividend has been
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    • 280 9  -  Soh Tiang Keng REGULATORY guidelines for approved unit trusts laid down by the Central Provident Fund (CPF) under its investment scheme will now apply to investment-linked insurance products (ILP) as well. This move, according to a CPF statement yesterday, "will result
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    • 138 9 lONICS EMS Inc, whose shares are expected to start trading today, yesterday said its public offer tranche was subscribed 9.6 times. The Philippines' largest electronics exporter received applications for almost 300 million shares for its 31.2 mil-lion-share public tranche. Of the company's
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    • 266 9 LION TECK CHIANG could be the first to get compensation from the Chinese authorities following Beijing's decision to kick foreign partners out of its domestic telecoms market. The Singapore-listed company said in a statement yesterday that its China joint ventures have signed
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    • 77 7 NOKIA Connecting People 1 ''IW^ff 1 1 M MMilßaßlffiß^^r The new Nokia 8850 A very personal pleasure Matt alloy casing. White illuminated display. Voice dialling. The new Nokia 8850. We call this /)*UM&#I technology. 1 www.nokia-asia.com Experience the Nokia 8850 at the Nokia Professional Centres, Nokia Priority Dealers, Handphone Shop.
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  • SINGAPORE markets
    • 473 8 Stocks Volums Unisteel 5c 27,677.000 Gddtron 20c 21,843,000 MMI Hldgs 10c 20,339,000 Zagro Asia 5c 18,798,000 Asia Food&Prop 15,797,000 Kingboard US 10c 14,478,000 Twmwood 5c 13,007,000 Aztech 5c 11,844,000 Datapulse 5c 9,927,000 Fastech US10c 9,607,000 Stock* PaaficCentury 111.416^369 DBSGrp 64,649,494 UOB 26,007,980 OCBC 25,056.564 SPH 24,154,194 City Dev 50c 23,463.446
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    • 545 8  -  -li comment STOCKS r.sivanithy A RECORD on Nasdaq on Wednesday and a strong performance by the Hongkong market yesterday failed to ignite interest here, as funds resumed their withdrawal from blue chips apparently because of disappointment over the recent trade
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    • 350 8  -  I-I i comment CURRENCIES larry wee THE US dollar resumed its rise in Asian trading yesterday on stockmarketfriendly remarks by Federal Reserve chairman Alan Greenspan, pulling the Singapore dollar back down to 551.7140 a low for the local unit not seen since
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    • 206 8  -  WARRANT WATCH By R Sivanithy THE newest warrant to make its appearance here is issued by paper producer New Toyo International Holdings. Listed in January, the instrument was part of a loan facility announced last July and was offered to shareholders
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    • 239 8  -  HOT STOCK -By' Wong Wei Kong THE shares of construction firm L&M Group Investments were back in the limelight yesterday with the stock finishing among the session's most active counters. L&M shares rose 2 cents or 1.5 per cent to close at
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    • 122 8 FASTECH Synergy has appointed Cesar P Manalaysay, a lawyer resident in the Philippines, as director. EASYKNIT has closed its books to determine the entitlements of members of the company under the rights issue. METRO Holdings said the Singapore Exchange has confirmed that trading of its new shares with
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    • 23 8 Access to IPO placements. Just one more reason to jc DBS Investor Online Call us at 323-3955 tc -.PCS 3Ut 83 DBS BANK
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  • Page 9 Advertisements
    • 397 9 GRP LIMITED (Incorporated in the Republic of Singapore) NOTICE OF CLOSURE OF REGISTER OF MEMBERS AND SHARE TRANSFER BOOKS THE PROPOSED RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF UP TO 37,686,400 NEW ORDINARY SHARES OF $0.20 EACH ("RIGHTS SHARES") IN THE CAPITAL OF GRP LIMITED ("COMPANY") AT AN ISSUE PRICE OF
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    • 106 9 Weve watched the STOCK market go up and down. We've watched the BOND market go up and down. We ve even watched FOREIGN narkers go up and down. We ve learned that when vou UNDERSTAND your option you can actually enjoy the RIDE. \1 I j. I Aft |L L'
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  • SINGAPORE news
    • 563 10  -  BTIJJJIIUM Interest rates on three-tranche loan tied to ownership of company Byi Conrad Raj TUAS Power is planning to raise over Sssoo million for the second phase of its power station in Tuas which will double its capacity
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    • 421 10 THE government has launched for sale another three condominium land plots which are deemed to be more attractive than the first batch released last month. The current lot at Jalan Kembangan/Sims Avenue East, Bukit Batok St 31, and West Coast Crescent can yield
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    • 476 10  -  Franklin Wong brings with him more than 30 years of industry experience By* Jane Cheong MEDLACORP Studios, a subsidiary of the Media Corporation of Singapore or MediaCorp, has appointed a Hongkong media veteran its chief executive officer. Franklin Wong will manage the
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    • 406 10  -  First-ever fall; Chinese official calls downtrend 'scary' By' Teh Hooi Ling SINGAPORE investment in China fell for the first time last year, according to latest statistics compiled by China's Ministry of Foreign Trade and Economic Cooperation (Moftec). Singapore businesses pumped U552.62 billion
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    • 357 10  -  It's invested nearly $2m in 8 startups; 25 more may get fimds By' Toh Han Shih THE National Science and Technology Board (NSTB) officially launched its $50 million fund for technology startups yesterday. Called the Venture Investment Support for Startups (VISS),
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    • 218 10 HOTELS in Singapore must learn how to think out-of-the-box to go beyond incremental gains to achieve a quantum leap in productivity, said Minister without Portfolio Lim Boon Heng yesterday. "Hotels must strive to be learning organisations, with a thinking workforce that
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    • 409 12  -  exclusive Transactions seen staying depressed in standoff between buyers and sellers By 1 Ven Sreenivasan THE prices of golf club memberships have started to stagnate as the stock market continues to languish and investors turn cautious. The BT Golf Index, which tracks
      FILE PHOTO  -  409 words
    • 179 12  -  MAILI.TTTW Thim Fatt Phang I REFER to the article, "CPF studying ways to boost investments in unit trusts" (BT, Feb 19). Perhaps the CPF should consider appointing fund managers to manage the funds for members. Members can have the choice of leaving their funds with
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    • 589 12  -  They seem to be, going by the latest mega stores opening By* Jane Cheong HAVE a cup of coffee at Optics 2000 and ogle the sexy spectacle frames on display. Or just browse at the 2,800 sq ft store at Wisma Atria there
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    • 305 12 A PHILIPPINE company, Edsamail Holdings, is offering a free e-mail service no phone charges, no subscription fees, no one-time charge in Singapore. "We're offering an e-mail service that is totally free," Edsamail president Marco Urera emphasised to BT by phone from the
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    • 324 11 anww Sun Tzu's Art of Business "Order and tranquility is the way to control your mind. Rest and rejuvenation is the way to control your strength." On our Day Flights to London, Relax with the Inspired Inflight Entertainment. For better work, it is sometimes best not to work at all.
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  • Page 12 Advertisements
    • 711 12 The legend lives On. V Iv w- Beautiful by nature \A/| JL The new Mark XV has a ***** calibre movement JW?* and a slightly larger case then its predecessor. world Soft-iron inner case for protection against magnetic J A fiekls water-resistance to 60 m and protection against I J"*)
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  • eNews
    • 457 13 WELLINGTON New joint venture, Telstra Saturn, will combine their existing Kiwi ops AFP Reuters AUSTRALIAN telecom groups Telstra Corp and Austar United yesterday announced they would merge their New Zealand units and spend about NZ$l billion (*****.5 million) over the next
      AFP; Reuters  -  457 words
    • 511 13 TOKYO Stage set for shift in financial services to dynamic young firms Reuters "NEW Japan" muscled into a financial world long dominated by lumbering dinosaurs when a group led by high-fly-ing Japanese Internet investor Softbank Corp won the go-ahead yesterday
      Reuters  -  511 words
    • 263 13 LAGUNA NIGUEL, California Reuters FIVE years from now, most people will be using wireless telephones for both voice communication and Internet access, not traditional telephones lines, Irwin Mark Jacobs, the chief executive officer of high-flying mobile phone technology company Qualcomm Inc said
      Reuters  -  263 words
    • 63 13 [HANOVER] A technician's shoulders seemed to bear a computer screen-shaped head as he made last adjustments at a monitor at the othelo booth of the Cebitfair in Hanover, nothem Germany, yesterday. The Cebit is the biggest fair for information technology and telecommunications in the world. Some
      AP  -  63 words
    • 452 13 SINGAPORE He dismisses fears that e-commerce growth will speU end of traditional manufacturing industry Reuters ASIAN companies are especially well placed to exploit the Internet and electronic commerce opportunities thanks to their tradition of exporting goods and services, a business consultant said
      Reuters  -  452 words
    • 402 13 AUTQiT^I TOKYO iStarXchangje ifaM for slice of USSIOOb US market Bloomberg TOYOTA Motor Corp, the world's third-largest automaker, and i 2 Technologies Inc plan to form an electronic marketplace for the US$lOO billion (SII7O billion) US re-placement-parts market to speed
      Bloomberg  -  402 words
    • 349 13 STAMFORD. Conn She joins other top execs who have bolted to young dot-com companies Bloomberg PRICEUNE.COM Inc, an Internet site where consumers can bid on plane tickets, hotel rooms, groceries and other goods, said it hired Citigroup Inc executive Heidi Miller
      Bloomberg  -  349 words
    • 421 13 AUSTIN, Texas NYT FORD Motor Co, in a frantic race with General Motors Corp to exploit the Internet, has tapped Trilogy Software Inc of Austin to steer its transformation into a giant of e-commerce. The joint venture, which will be
      NYT  -  421 words
    • 255 13 HONGKONG AP ONE key role of China's official Xinhua news agency is to regulate Internet content, but a Hongkong newspaper reported yesterday that Xinhua also has been profiting from extensive investments in Web-related companies. Good relations with Chinese officials have become invaluable to companies wishing
      AP  -  255 words

  • EDITORIAL & opinion
    • 632 14  -  hi:i=l bottom line OPINION chua soon hock Chua Soon Hock is CEO strategist, Asia Genesis Asset Management, Singapore SO, the Tokyo city government plans to impose a 3 per cent tax on the gross profits of all banks based in the capital
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    • 165 14 'We are placing women on the front line. There is no need for tear gas. Maybe we'll see tear-gas bombs replaced by make-up in our police stations.' -Lee Moo Young commissioner-general of South Korea's police agency, on police plans on what it believes to be a surefire
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    • 665 14 EDITORIAL WHILE the gyrations of world stock markets continue to capture the attention of global investors, the action on the energy front should command equal attention at least Several key meetings of the world's top oil producers will take place in the coming month that
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    • 1035 14  -  Bretton Woods twins are redundant in the form in which they were founded more than 55 years ago By< Anthony Rowley The writer is BT's Tokyo correspondent THE process of finding a new head of the International Monetary Fund (IMF) grinds
      FILE PHOTO  -  1,035 words
    • 948 14 Why the favouritism? LOOKING up from the cheque she was writing for a large tranche of Tom.com shares, a Sha Tin housewife innocently asked her daughter: "What is the Internet?" At least half the throng queuing outside 10 HSBC branches to place their bid for a
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  • Page 16 Advertisements
    • 512 16 Chairman I WfNHnMI H M K. M Commerce Net Singapore Ltd 5 HHH| CEO's Message "jjj^^ K The a pushed fj^_. and companies to review the way they conduct their business. They recognise W A that to compete effectively in a market that cuts across geographical K /A-ljk 'aSjL f3|
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    • 251 17 Ie ci dlifiQ ban k^ih^l on s componleii#^vSt^ta^^^P^|^^^^OT2^^^^^^^^^^PiiPsl!pS~^Rl! services companies, as well as major end users. Together with Its members, 4 W V If Commerce Net Is transforming the net Into a global market place. H Jv i| «t -'ll* i Commerce Net operates as a virtual organisation, relying heavily
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  • Page 18 Advertisements
    • 544 18 OUR CONSORTIUM OF 52 eCOMMERCE LEADERS Compaq Computer Asia Pte Ltd Network For Electronic Transfers (Singapore) Pte Ltd CWT Distribution Limited Singapore Post Pte Ltd Federal Express Societe International De Telecommunications Aeronautiques KPMG Consulting (Asia Pacific) Pte Ltd Strategic Technologies Pte Ltd Singapore United Overseas Bank Limited j— Advance Manufacturing
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  • MALAYSIA news
    • 433 19 KUALA LUMPUR US appliance maker aims to benefit from ringgit's fixed exchange rate Bloomberg GENERAL Electric Co, the No 2 US appliance maker, said it will boost purchases of electrical and electronics parts from Malaysia by more than two-fold this
      Bloomberg  -  433 words
    • 322 19 KUALA LUMPUR IT age has spawned conglomerates able to swallow np whole economies Reuters MALAYSIAN Prime Minister Mahathir Mohamad said yesterday that globalisation has impoverished developing countries and made rich nations richer. In a fresh attack on foreigners, he said
      Reuters  -  322 words
    • 135 19 KUALA LUMPUR Bloomberg DIVERSIFIED Resources Bhd (DRB), a Malaysian company with businesses in auto making, said it is about to conclude talks with the government on building an electric rail line. The company "is in the advanced stage of negotiations", it said
      Bloomberg  -  135 words
    • MARKET moves
      • 91 19 TRANSPORT and logistics companies were in play yesterday, baffling market watchers who felt that news of more haulage licences to be issued would actually mean bad rather than good news for the companies. High on the list of the day's gainers was shipping and logistics group
        91 words
      • 81 19 RUMOURS that debt-laden property and finance group Amcorp Holding is close to reaching a solution with all its creditors have been nudging the stock up. Hopes that a scheduled meeting with creditors today will agree on the company's proposed debt restructuring plan, the main
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      • 62 19  -  Compiled by Diana Oon Abdullah TALK of nationalised rice distributor Padiberas Nasional, or Bernas, turning in better-than-expected results has increased interest in the stock in the last two trading sessions. The counter was higher by 14 sen to RM3.52 on a volume of 15.4
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    • 222 19 KUALA LUMPUR AFP MALAYSIA'S "People's Budget", criticised by the opposition as a vote-grabber when first tabled last October, will be presented unchanged today despite the government's November election victory, analysts believe. The 2000 Budget introduced on Oct 29 provides for full-year spending of 78.03
      AFP  -  222 words
    • 287 19 KUALA LUMPUR Reuters MALAYSIA'S asset management agency, Pengurusan Danaharta Nasional Bhd, said yesterday that it had sold 25 foreign loan asset accounts for U*****.23 million (***** million), recovering 71 per cent of the principal value. Danaharta, announcing the results of
      Reuters  -  287 words
    • 248 19 KUALA LUMPUR Employees will be offered perks to qnit on their own: official AP MALAYSIAN bank employees will not be forced to quit their jobs after the industry consolidation, but will instead be offered benefits to leave on their own accord, a senior
      AP  -  248 words
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      17 words

  • SOUTH east asia
    • 188 20 JAKARTA AFX-Asia THE Attorney General's Office has named five suspects in its prosecution of a scandal involving PT Bank Bali, including former state enterprises minister Tanri Abeng, The Jakarta Post reported yesterday. In the first court hearing of the case on Wednesday,
      AFX-Asia  -  188 words
    • 445 20 JAKARTA Bnt won't use close ties with president to win stake in the conglomerate, says Edward Reuters THE son of the founder of Indonesia's Astra International said yesterday that his family would not use its close links with President Abdurrahman Wahid to gain an unfair advantage
      Reuters  -  445 words
    • 387 20 MANILA Link-np conld expand Ayala's Internet, telecom businesses Bloomberg AYALA Corp, the secondlargest company in the Philippines, says it's in talks with cable television operator Destiny Cable Inc for a possible alliance that could help expand its Internet and telecommunications businesses. Ayala, which also has interests
      Bloomberg  -  387 words
    • 76 20 I JAKARTA) One of former Indonesian president Suharto's lawyers, Juan Felix Tampubulon, displaying to journalists a medical report on Suharto's health at the office of the Attorney-General in Jakarta yesterday. Mr Tampubulon submitted the report supporting the lawyers'plea that Suharto, who is facing charges of misuse
      AFP  -  76 words
    • 287 20 MANILA Bloomberg A COURT has blocked the Philippine Stock Exchange from forging ahead with its investigation of BW Resources Corp pending a civil suit from Dante Tan, a businessman accused by the exchange of rigging shares in the property and gambling company. The
      Bloomberg  -  287 words
  • Page 20 Advertisements
    • 332 20 B Among Gentle Hills, j And Precious Streams, Take your pick to build the ideal homes. n behalf of the Government of the Republic of Singapore, the Housing A Development Board is pleased to invite tender for the sale of three attractive land parcels for condominium housing development on 99-year
      332 words

  • Page 21 Advertisements
    • 278 21 AWARD-WINNING FUND PERFORMANCE THAT COVERS THE WORLD I a global EquitV Fund h F xe d Income Fund r Best BeS t year Oblliii; > 1 i f United Reeioj' fef united Japan Once again, UOB Asset Management has won over the judges with top look no further than UOB
      278 words

  • EAST asia
    • 249 22 HONGKONG Reuters EU negotiators are seeking the right to 51 per cent foreign ownership of Chinese telecoms Arms as part of talks to secure China's entry to the World Trade Organization (WTO), a source familiar with the negotiations said. The demand goes
      Reuters  -  249 words
    • 422 22  -  It plans to keep broadband network, sell fixed-line, part of mobile phone ops: paper Froml Quak Hiang Whai in Hongkong RICHARD Li's Pacific Century CyberWorks may sell part of Cable Wireless HKT's mobile phone operations to a partner and also
      APP  -  422 words
    • 380 22  -  Net firm to provide China broadband services via Legend's PCs: paper From Meera Tharmaratnam in Hongkong LEGEND Holdings, China's No 1 computer maker, surged as much as 11.8 per cent to HK536.90 yesterday on a report that Pacific Century CyberWorks (PCCW), Richard Li's
      380 words
    • SINO Briefs
      • 70 22 Bloomberg [BEIJING] Chinese retail prices rose in January from December, as food became more expensive in the lead-up to the Chinese New Year holiday, the National Bureau of Statistics said. The retail price index, the benchmark indicator of inflation, rose 1 per cent in January from
        Bloomberg  -  70 words
      • 55 22 AFP [HONGKONG] Hongkong and India yesterday signed a memorandum of understanding (MOU) on cooperation in information technology and services. The MOU was signed between KC Kwong, secretary for information technology and broadcasting, and PV Jayakrishnan, secretary of India's Ministry of Information Technology, here on
        AFP  -  55 words
      • 65 22 Corrections clarifications IN our report "Three men of influence hold key to HKT deal" on Feb 16, we said that Cable Wireless HKT director David Li is a member of the Liberal Party. "Hiis is incorrect. Dr Li has written to us to point out that he sits on the
        65 words
    • 241 22 HONGKONG Bill passing hailed as key step in HTs financial development AFP FINANCIAL Secretary Donald Tsang yesterday hailed the passing of a bill allowing the partial privatisation of the Mass 'fransit Railway Corp (MTRC) later this year as a key step in Hongkong's financial development
      AFP  -  241 words
  • Page 22 Advertisements
    • 168 22 i mmmm 2 j Tfir Qtrnlts g^:^^il j 1 j You have drive. Bisk-takers!. |We have the vehicle. &to add zip You take risks. if rtA vYYV j We provide the assurance, li tO 6COUv) y i You have vision. j We provide the roadmap. r f Subscribe to i
      168 words
    • 197 22 Perfect Landing for Sumptuous Food QOin& iMt/i asi et/tnu^/Zcusotts* After the latest Asian Aerospace 8000 show, you deserve something just as spectacular. An ethnic treat awaits you at the neart of East Coast. The enchanting Singa Inn blends with the mood of fun and frolic of the place. You will
      197 words

  • INDIAN budget
    • 301 23 NEWDELHI He calls for 'sacrifices' to cat public spending AFP INDIAN President KR Narayanan opened the Budget session of Parliament on Wednesday with a warning that tough measures were needed to cut public spending and reduce the fiscal deficit. In a speech outlining
      AFP  -  301 words
    • 247 23 BOMBAY Reuters Bloomberg THE Indian government is expected to dismantle decades of state control over the country's state-run banking system when it announces its Budget next week. Finance Minister Yashwant Sinha, who presents the Budget for 2000/2001 (April-March) on Feb 29, is expected to
      Reuters; Bloomberg  -  247 words
  • Page 23 Advertisements
    • 167 23 a Si\(,Aroßi l).\\i i 111 i \i K i Red hn, 11 low -torn ii hiirn till r Pi IA I Mill! K-ASII\IOI I MAI OI M A K\oi D UICII Coi MA\ />•• I)\\ 11) ML KKA\ i(I, 17, iN*, 19* IFh HH NDAFIC »N \IA KC 11 2(H)()
      167 words
    • 748 23 Ballroom, Hilton Singapore Sunday, February 27, 2000 Viewing time 10.30am-12 noon Auction sale From 12.15pm Edmund and Shukor have just returned from a successful trip sourcing from the vast weaving regions of Central Asia to bring you: magnificent large carpets including an extremely rare and highly collectible Qashgai piece, circa
      748 words

  • WORLD news
    • 693 24  -  Move will have 'negative Implications' for their ratings Frovnl Anthony Rowley m Tokyo LEADING international rating agency Moody's Investors Service has entered the increasingly bitter feud between Japanese Prime Minister Keizo Obuchi's central government and Shintaro Ishihara's Tokyo metropolitan government over the
      693 words
    • 221 24 MOUNTAIN VIEW, California Reuters NORTH American semiconductor equipment makers saw January orders rise for the third month in a row to their highest level in almost Ave years, according to preliminary data reported late on Tuesday by trade group Semiconductor
      Reuters  -  221 words
    • 412 24 WASHINGTON Concern that trading may be increasingly fragmented in the US Bloomberg EXPRESSING concern that stock trading may have become increasingly fragmented in the US, the Securities and Exchange Commission has issued six preliminary proposals aimed at reducing fragmentation, including the formation
      Bloomberg  -  412 words
    • 334 24  -  Froml Brian Gomez in Sydney RIO Tinto Ltd has announced plans to buy the 27.6 per cent stake it does not own in Australia's largest integrated aluminium producer, Comalco Ltd, for A 51.47 billion (511.56 billion). The announcement comes in the
      334 words
    • 416 25 WASHINGTON US disagrees, vowing to maintain USs2.2b in annnal tax breaks LATWP Bloomberg AP IN a stinging rebuke to the United States, the World Trade Organization (WTO) has ruled that billions of dollars in tax breaks enjoyed by US multinational corporations violate global
      LATWP; Bloomberg; AP  -  416 words
    • 215 25 AP [LOS ANGELES] Carlos Santana, who first gained fame a generation ago with a searing guitar performance at Woodstock, capped a triumphant comeback with a record-tying eight Grammy Awards. The 52-year-old guitarist's multi-platinum "Supernatural" won album of the year on Wednesday night. His first No 1
      AP  -  215 words
    • Article, Illustration
      421 25 Here's a partial list of the 42nd Grammy Awards Album of the Year: Supernatural, Santana. New Artist: Christina Aguilera Rap Performance by Duo or Group: You Got Me, The Roots and Erykah Badu. Record of the Year: Smooth, Santana. R and B Album: Fanmail, TLC. Female Pop Vocal
      421 words
    • 856 25 Reuters THE following are extracts from US Federal Reserve chairman Alan Greenspan's question-and-answer session after his semi-annual economic report to the Senate on Wednesday. He made a similar report to the House of Representatives last week. EVAN RAYH: Mr Chairman, I'd like to ask
      Reuters  -  856 words
    • WORLD Watch
      • 73 25 Bloomberg [AMSTERDAM] ABN Amro Holding NV, the biggest Dutch bank, said yesterday that second-half profit rose a better-than-expected 57 per cent as rising stocks lifted trading Income. The bank will cut jobs and boost Internet investment to keep earnings growing. Net income rose
        Bloomberg  -  73 words
      • 88 25 Bloomberg [PARIS] Carrefour SA, Europe's top retailer after buying French rival Promodes last October, said yesterday that profit last year rose 29 per cent, boosted by the acquisition and strong consumer spending at home. The French hypermarket operator said 1999 profit rose to 792 million
        Bloomberg  -  88 words
      • 153 25 Bloomberg [LONDON] AstraZeneca pic, the second-biggest drugmaker, said yesterday that fourth-quarter profit declined after most major rivals reported gains. The shares fell as analysts said the UK company's future is clouded by an expiring patent for its top seller, the ulcer treatment Losec. The company
        Bloomberg  -  153 words
  • Page 24 Advertisements
    • 2248 24 New bank tax is last thing Japan needs, Pg 14 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF COSMETICS OF LONDON (Fi) PTE LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an
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    • 170 24 M THE MATTER OF THE COMPANIES ACT (CAP. 80) AND IN THE MATTER OF YEOH PILLAY A COMPANY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 300(2) of the Companies Act Cap. 50, that a Final Meeting of the Members of
      170 words
    • 379 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LANMERE DE PtCARME (8) PTE LTD (In Meiwbsrs' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act. Cap.so. that a Final General Meeting of the abovenamed Company wW be held
      379 words

  • Page 25 Advertisements

  • FINANCE & commodities
    • 241 26  -  SGX Derivatives TnAln&Reports MSCI Singapore Index Daphne Tay Jar dine Fleming THE Singapore stock market closed lower yesterday on renewed rate hike concerns following Alam Greenspan's hawkish comments and low-er-than-expected fourth quarter GDP data. The Straits Times Index closed down 14.03 points or
      241 words
    • 197 26  -  MSGlTaiwan tatures Matthew Den Bleyker THE DAILY total trading volume and open interest of the MSCI Taiwan Index futures contract hit an all-time high record yesterday. The total trading volume was 37,080 contracts, eclipsing the previous record of 28,247 contracts set on Jan 26.
      197 words
    • 276 26 ENERGY REPORT Reuters [LONDON] Oil prices ticked slightly higher yesterday, supported by fresh industry data confirming US fuel stockpiles remain near their lowest for more than 20 years. Brent Blend crude rose 15 US cents in early dealings to stand at U5527.21 per barrel
      Reuters  -  276 words
    • 320 26 Reuters Bloomberg London PROSPECTS of an imminent rise in European interest rates faded and strength in US high-tech stocks buoyed the US dollar. The euro surrendered its one-for-one rate against the US dollar yesterday, falling almost 2 per cent from Wednesday's one-month peaks to around US$O.99, giving up
      Reuters; Bloomberg  -  320 words
    • Article, Illustration
      1079 26 CROSS BAT88 Feb 24 o w uw r> o> 1$ i-nnn* yw w m «$nh» nw t$ u* w$ imHmt W J" 5 1 4 0905 026 4056 1209 4221 27.06 ***** 0.688 7.0*5 2.354 1269 32.115 25.328 1062 1928 0.997 19.*****659 0J87 8220 -S 4 3 44,1 L338 5.327
      1,079 words
    • 1632 26 STOOM FlffUIBS Feb 24 C)8M VMM OBM MMi I— f tot (twm) mmm MrCO 126.50 200 MOO 129 JO 200 200 Ay 00 02.50 TOO MOO ***** 400 RSS 3 CONTRACT (US CM&ty MM OlWI mm Mr mt imd MMSI •tar 00 7428 72JO 7428 400 1050 £00 75.00 7175
      1,632 words

  • STOCKS east asia
    • 2804 27 HONGKONG AFP FlHangSeng +68L87 HONGKONG shares surged 4.2 per cent yesterday, closing above the 17,000-mark led by strong gains in telecoms and technologies following the record rise on New York's Nasdaq index, dealers said. "The major reason of the gains in technology-related stocks
      AFP  -  2,804 words
    • Article, Illustration
      976 27 Reuters AFX-Asia HShenzhen Blndex +13% SHENZHEN'S stocks closed higher in thin trade yesterday as local investors bought lightly, indicating a cautious welcome to the announcement of a new chief regulator of Chinese securities. The hard currency B Share Index rose 1.76 points, or 2.12 per cent, to 84.72 as
      Reuters; AFX-Asia; Source: Credit Lyonnais Securities (Asia) Ltd  -  976 words
    • 341 27 AFP Q TP Index -43.09 TAIWANESE shares fell for the fourth consecutive day yesterday, losing 0.45 per cent amid caution ahead of the presidential elections and tensions between Taipei and Beijing, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 43.09 points, or 0.4 per cent, to 9,599.17,
      AFP  -  341 words
    • 1950 27 TOKYO AFP Hwttaag TOKYO share prices closed 0.3 per cent higher yesterday with blue chips rallying on a new record high for the US Nasdaq Index, brokers said. The Tokyo Stock Exchange's Nikkei 225 Index gained 51.89 points to end at 19,571.44. The Topix Index of
      AFP  -  1,950 words
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  • Page 28 Advertisements
    • 35 28 >v i tfttflP Bitr?#r* t*"* 1 \\v'\V*,x JsM"- JrapCVm' ,t ail- fr NV k w JIB»»M'V 'i v v*f,?v \n Jffijl > ><?$ 'V'.',' v* ~> >. "J*' >>*> r? 'V i? I V'.ill V-y3Bßkfr. > t KMIH >M< >W\H\l \\l
      35 words

  • STOCKS klse
    • 8776 29 INDUSTRIALS 2000 Lnt VeI Day Net Cap Mtjfc Lew Company Sale OOP High Law P/E $mll 420 310 Ajinomoto 392 8 7 420 392 24.9 158.9 158 91 Anqkasa 151 27 1783 158 126 222.7 448 290 Apollo Food Hlq 436 6 155 448 434 10.4 174.4 2975 2700 BAT
      8,776 words
    • 429 29 AFP Q Composite Index -KK32 MALAYSIAN shares closed marginally higher yesterday after late institutional buying of blue chips countered profit-taking earlier, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 0.32 of a point to finish at 1,009.53, off a low of 1,003.53
      AFP  -  429 words
  • Page 29 Advertisements
    • 52 29 j J 1 447 oMn# s— I j mm' i I I w>w i H ■»■ii■■ g IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offerlnq, we help you reach out to 86.7% of all adults In Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil
      52 words

  • SGX clob & regional stocks
    • 3226 30 BOMDS A WARRAMTS Feb 24 g** U* 8* MM SjS Cam lam *S« t ■l* U» Mm Cmrn—I I* *m- rw»» Ua hp Mw Ma Ml Mb Mm <*| Bulk |t UM >04 as S 3160 *Acor W*****1 US$ 43.5 uneh 84 433 433 4X5 44 3X1 1 156 71
      3,226 words
    • 296 30 AFP n Composite Index -13J THE Korea Stock Exchange Index closed down 13.3 points at 867.37. Volume was 254.5 million shares worth 2.9 trillion won.—AFP r«»24 ww> Antm Soml .#210 -290 Br«4n Ttch 1525 85 Control Bank 2800 -120 OfMComm *****0 1500 OooGuBonfc 2500 -210 ONung Corp 1200 95
      AFP  -  296 words
    • 284 30 AFP Q Composite Index -34J2 THE Philippine Stock Exchange Composite Index yesterday fell 34.12 points, or 1.9 per cent, to 1,794.81. Volume rose to 10.10 billion shares worth 1.862 billion pesos. Philippine Long Distance Telephone Co fell five pesos to 915 pesos. —AFP N>M Hrn mm MRC AIM 0.62
      AFP  -  284 words
    • 268 30 AFP □mSE-40 -1183 NEW Zealand shares fell 0.6 per cent yesterday. Selling in Telecom New Zealand dragged the NZSE-40 Capital Index down 12.83 points to 2,028.8. Some 38.5 million shares, worth NZ$ll4.l million, were traded. Fletcher Paper rose eight NZ cents to NZ$l.32. —AFP n>»4 m *f- mm Advantage
      AFP  -  268 words
    • 570 30 AFP DißOriiMriM -54 AUSTRALIAN share prices were 0.2 per cent lower yesterday. The Australian Stock Exchange's benchmark All Ordinaries Index fell 5.6 points to 3,106.9. National turnover totalled 1.1 billion shares worth A) 1.8 billion, with 843 fallers and 802 risers. The All Industrials Index closed down 14.4 points
      AFP  -  570 words
    • Article, Illustration
      737 30 AFP HSETMmi HJ THAI shares climbed 1.6 per cent yesterday with sentiment buoyed by overnight gains on the Nasdaq, but late profit-taking kept the market shy of the psychologically important 400-point mark, dealers said. The Stock Exchange of Thailand (SET) Index gained 6.1 points to close at 395.10, while
      AFP  -  737 words
    • Article, Illustration
      670 30 AFP P Opposite lain -10J4 INDONESIAN share prices closed 1.9 per cent lower yesterday on concerns over President Abdurrahman Wahid's health, dealers said. The Jakarta Stock Exchange Composite Index closed down 10.94 points at 573.49 on a volume of 400 million shares worth 567.73 billion rupiah. Declines led advances
      AFP  -  670 words
  • Page 30 Advertisements

  • 8810 31 SGimaBOAEP Transaction date: Feb 24 Gr Or M Wt S2-Wk Last Vol Day LMt OuoU Wv Otv YM Nat Ca Avg HH> Law Mm Campawy W> fOOOl Lai Bwyar Or Wl f"l Mca MULTI-INDUSTRY 182 69 m c 1000 Acma 50c 144 *1 506 144 141 143 144
    8,810 words
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  • Page 33 Advertisements
    • 135 33 RETAIL INDUSTRY 1 tliC W illi lh«' Sjn<j;;t|»i<ii-I'roiiiunx piekinmip ami i'Ih <'III auiIlli sales Injures heillii released l>\ lllr I >• 'pa11 iii< 11 1 n| SialMirs. relailers 11a\<• ijood reason it H 3 A1 lo l»e||e\elhal a reeo\er\ Is Well Oil lis ua\ f C A CORINlfEKERKasks s,,|||e major
      135 words
    • 30 33 wrm a $jKm Jj *J^L"* Epicure Bella Donna: the new restaurant at Royal Plaza On Scotts ELS m lftsaMMMaa rursuits Thomas Ng: from selling brushes to managing brands LL 6
      30 words

  • EXECUTIVE Lifestyle
    • PERSPECTIVE
      • 740 34  -  K«j a a the cuff It sounds like a Cinderella story to meet and marry a mysterious stranger on TV, bat can one reasonably expect such a onion to last once the fanfare is over? jaime ee SO WHO WANTS to
        740 words
      • STRAWS In The Wind
        • 78 34 HEARD on a radio game show. The contestant guessing a mystery object had already ascertained that it was made of wood, that it was found in the office, and that one wrote on it. The deejay further hinted that it was something one sat behind. After
          78 words
        • 58 34 A NEWSCASTER on TV was talking about the US Republican nomination battle between George W Bush and John McCain and said something to the effect that "the candidates have now resorted to mudsliding, I'm sorry, mudslinging..." She was probably still caught up with the previous news item, which
          58 words
        • 53 34 AT A local veterinary clinic was this sign offering massage and other treatments for animals. While touting the therapeutic effects of massage, there was also this disclaimer: "Full therapeutic effects can only be achieved with the animal's full cooperation." Yes, we forget that not all animals believe
          53 words
        • 74 34 TALK about identity crisis. Two people meeting for lunch at the hotel formerly known as Royal Crowne Plaza in Scotts Road had this conversation: "Let's meet at the Crowne Plaza. Only now it's not called that anymore. We can eat at Paolo and Ping restaurant, only it's
          74 words
      • 2070 34 COVER STORY IT'S NO understatement to say that the past few years have been painful ones for the retail industry. The bad times, according to Singapore Retailers Association president Jannie Tay, started rolling in 1994 due to a confluence of factors. These included the introduction
        SIEW YAW HOONG  -  2,070 words
    • MOTORING
      • 917 35  -  MAZDA MPV In an age where a kiss is not just a kiss and a car may not be just a car, enofomiTAit dissects the love van's newest successor CHRISTOPHER TAN THERE is a theory that says women tend to flirt more with married men, preferably those
        917 words
    • EPICURE
      • 825 35  -  RESTAURANT Italian home cooking is what yon can look forward to at Bella Donna, bntyon may want to avoid the resident gronch By' Tan Su Yen LIKE handphones and leather bags, restaurants have a shelf life, one restaurateur famously declared. Paolo Ping's at Royal Plaza
        825 words
      • 859 35  -  WINE CONNOISSEUR The big boys are not ready for drinking yet, bat other categories of that vintage are beginning to show np quite nicely By\ N K Yong I AM now just beginning to drink my '82s not the big boys yet,
        859 words
    • ENTERTAINMENT
      • 542 36  -  CINEMA Instead of building np to a revelation, The End Of The Affair tends to plateau, then peter on t in an all too predictable manner By Parwathi Nayar NO ACTOR brings to the portrayal of tortured passion quite the smoulder that Ralph Fiennes
        542 words
      • 461 36  -  NIGHTSPOT Saltan of Swing looks set to attract club-goers seeking a change from pnbs with an Oriental theme By Joanna Lim ENOUGH of Orientalism and Mohamed Sultan Road. After almost a decade of decorating pubs with red lanterns and fusing Chinese decor with western retro music, a breath
        SIEW YAW HOONG  -  461 words
    • Article, Illustration
      871 37 Angela's Aahea. Screen adaptation of the Frank McCourt novel which hit the bestseller lists and stayed there. A poignant yet humorous account of growing up dirt poor in Ireland, yet retaining the ability to be human. Alan Parker (The Commitments) directs Emily Watson and Robert Carlyle and captures the
      871 words
    • 120 37 Cathay Org Camay 338-3400 fattm 346-1816 OfdWd 235-6386 Ptcturehoua 338-3400 rangto 223-7529 Eng Wah Cmprsss 177-5867 Jubilee 454-1640 Mandann 292-9401 Marina 338 9719 WMeands 585-1782 OOMmi VHt#9# 1900-912-1234 *****96 tor group bookings A wheetchair tocitoies s«sfsn Boon lay Mvto Fampifies 8 Tlong Bahnj Yahun OvifMM Mo vis
      120 words
    • PURSUITS
      • 1219 38  -  In 1983, Thomas Ng was offered a Christmas promotional slot in a department store. Today, he is MD of Colour Play, a cosmetics manufacturer and distributor with a $5 million annual turnover. He tells tax su yen what it takes to move from selling brushes to
        ARTHUR LEE  -  1,219 words
      • 214 38 LABORATOIRES Pierre Fabre, France's second largest independently-owned pharmaceutical group, was established in 1961 by pharmacist Pierre Fabre. Today, the group has a presence in 120 countries where it is best known for the anti-cancer drug Navelbine. More significantly, the company has diversified beyond prescription medicines to
        214 words
      • 973 38  -  SPA A mountain-top spa in south-west France is giving new hope to patients with eczema, psoriasis and atopic dermatitis By', Tan Su Yen IT MAY be a spa but don't expect soothing massages, aromatherapy oils or soft, fluffy towels. Nestled in the mountainous Orb Valley
        973 words
  • Page 34 Advertisements
    • 111 34 Pieak Preview ultiple Oscar nominee American beauty marks the film torial debut of sam Mendes. Starring Kevin Spacey arid Annette &eri\nq, the movie is a dark yet funny look at a jnctional American family. Be among the first to watch lis movie. Just answer the following DRPAMWfcwics le question and
      111 words
  • Page 34 Miscellaneous
    • 233 34 CRYPTIC CROSSWORD 16 Vandalised store, having a litre of alcohol (6) Fll fl fl M LJFT ***** wild grey ministers! (6) I HH 20 Criticism of shaped block 26 One during period before Easter had an inclination (5) 27 State support (8) 11 Array to go round first gallery YESTERDAY'S
      233 words


  • Page 36 Advertisements
    • 728 36 Where to wine, dine and entertain...™ (o>fca--Offering the lowest interest rate in town 290 4545 your Dreams come true A S|v,i.,l W. J.linu \lllli minim I'.li k.lm s Ir. >ni s N lull < >lIW .irk v In. Ii lIK lIIM\ r ol Irv I low >'( Ivi r. I
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    • 139 36 I Savour local Care md our award-winning j Chatterbox Chicken Rice We are open 24 hours daily in case fou have not eaten yet. Enquiries: 831 6291 Maj*kuin Su^fryporr I) Orchard Rojd Singapore 2 JM67 Tel 737 4411 Fax: 732 2361 C*£g *vy> QrOSSr C*£e I 1 3(W* 230?\* Th«
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  • Page 37 Miscellaneous
    • 2271 37 TODAY'S TV RECOMMENDED VIEWING Central L3O Inside India-Special 9.00 AM Kids Central: PowRemembering in Phantom of the Opera, stitchWi g tchery TUrb News Day. performs her graceful 9.30 Men In Black. 30 Asian Market Report. ThP TPHP arias before a live 10.00 Batman: Harequinade. Headline News. 111 C It-UCI arias
      2,271 words





  • EXECUTIVE money
    • Article, Illustration
      1512 42  -  Your best bets for 2000 are in North Asia, say fund managers, with a wave of new money tipped to pour into markets rich with 'new economy' plays. Can you afford to miss out on the technology bull? GENEVIEVE CUA reports GENEVIEVE CUA 1999 %0 %0 was a
      FILE PHOTO  -  1,512 words
    • 86 42 Source: Standard Poor's Fund Services (www.micropal.com) Estimated returns from market indices DEC 31 *99 TO DEC 31 *96 TO FEB 18 2000 DEC 31 99 %CHANGE MSCI AC Asia Pac ex Japan +7.48 +53.78 MSCI EM (Emerging Mkts) +5.05 +76.46 MSCI Europe -4.95 +17.35
      Source: Standard & Poor's Fund Services (www.micropal.com)  -  86 words
    • PERSONAL FINANCE
      • 1773 39  -  Citibank is muscling into the home loans market with promises of lower interest costs and shorter repayment francis kan investigates FRANCIS KAN THE battle over Singapore's lucrative housing loans market moved into overdrive last week with the launch of Citibank's innovative Home Saver package. The
        1,773 words
      • 449 39 A LETTER to the press, published yesterday, from financial consultant Chung Kwong Meng raises a few questions on Citibank's Home Saver scheme. Mr Chung's letter poses questions on five key points: whether the "adjustment" feature or the two-thirds interest rate differential between the current account and the
        449 words
      • 410 39  -  Sign up for a seminar at Harbour Pavilion this Saturday By, Jeanette Pang IT'S easy to forget. When it comes to financial planning for your retirement, most people tend to push the issue to the back of their minds even though deep down, they may
        410 words
    • UNIT TRUSTS
      • 722 40  -  I-li comment YOUR MONEY Investors should sit up when their fond manager quits, and ask questions before making any decisions about following In his footsteps wong wei kong SHOULD I sell my fund when my fund manager quits? It's a question worth pondering, now that buoyant
        722 words
      • 806 40  -  Fraser Securities' new investment planner service offers an alternative distribution channel beefed up with advisory services.GENEVIEVE CUA finds out how it works GENEVIEVE CUA BUYING and selling unit trusts online is a fairly new, untested frontier in Singapore, compared to its more established cousin, online
        SIEW YAW HOONG  -  806 words
      • 494 40 AS online investment services go, Fraserdirect's Fraser Financial Planning is a good effort which should spawn a number of me-too sites. Arguably, there are advantages in being a first-mover in the field, which should earn the firm some mileage in terms of brand awareness. There are, however, a
        494 words
      • 391 40 UNTT TRUST/SECTOR (6 MONTHS 30JUL99-18FEBOO) CHANGE BENCHMARK CHANGE Toy 10 funds 1 Henderson Global Tech/ Tech Global* 179.77 MSCI O/Electr&lnst 61.88 2 OCBC Savers India/EQ India 153.05 Bombay SE Natl 86.11 3 CMG 1st State Reg India/India EQ 98 39 Bombay SE Nat 86.11 4 UOB
        391 words
    • PERSONAL INVESTMENT/FINANCE
      • 1448 41  -  markets Sentiment slips bnt bullish buying seen in Chu&n Hnp, Omni Mold; selling in Flextecb, WBL; Capital Group back in Delgro By Robert Halili The writer is director of Asian Ownership Research at Primark ■?THE Singapore sentiment has been moving with the DBSSO Index in the
        Source: ITA  -  1,448 words
      • 872 41 Keppel Corporation Keppel Corp is suffering the same fate as its listed subsidiaries. Despite stellar earnings and positive news, the stock is failing to excite investors. But IDEAglobal.com sees it rising in the coming months. Keppel reported record profits of $220.3 million for 1999 beating
        FILE PHOTO  -  872 words
      • 1326 41 °*PQ»rt amount 1-mth 3-mth >-mth Oepoelt amount 1-nrth 3-mth 6-mth DBS Bank HSBC AS S10.000 A24.999 4 9400 ***** 5 3900 25,000 74,999 4 3750 4 5625 5 1250 A25.000 A49.999 4 9600 5.1400 5 4100 75,000 149,999
        1,326 words
  • Page 42 Advertisements
    • 33 42 INSIDE Your Money Homo loans What do you do when Citibank's Home Saver promises your fund manager quits? interest savings and faster repayment On EM 8 Is it worth your while? EM 7
      33 words

  • SHIPPING TIMES
    • 280 43 Bridge News Reuters CAPESIZE rates firmed again world-wide but brokers said charterers were increasingly conducting business under the counter. Panamax rates were also firmer east of Suez with both Chinese and Japanese charterers active in the Indian Ocean and the Pacific, while Atlantic handysize conditions remained in the
      Bridge News; Reuters  -  280 words
    • 289 43 N>14 n W CWT Ofctributton 1.14 -0.04 36 Chum Hup 0.42 unch 4799 Coaco Investment ..—1.06 unch 164 rrataM links 0.32 unch 1130 GSHoMinqs 0.78 -0.01 8 Hal Sun Hup 0.74 -0.01 66 MC HeWn«s-H* 1M unch 0 Jayi 0.23 -0.01 702 KapptfCar* 3.96 "0.04 2267 KtMdrCLS 1.12
      289 words
    • 422 43  -  With the rebonnd in transport sector, MISC, Bumi Armada and Halim jfagmin are expecting better returns for 1999 By* Ann Toh [SINGAPORE] Malaysia's listed shipping companies are expecting to rake in all-time high profits in the wake of a recovery in the transport sector.
      422 words
    • 127 43 Reuters [KUALA LUMPUR] Malaysia has approved the setting up of eight new container haulage companies to ease congestion at the country's ports, Transport Minister Ling Liong Sik said. The official Bernama news agency quoted Dr Ling as saying the decision to raise the number
      Reuters  -  127 words
    • 827 43  -  ADMIRALTY CASEBOOK By Selva Kumar A useful lesson was documented for shipping newspapers and magazines and its editors and journalists, when DNV Petroleum Services won a libel suit in the High Court of Justice in London earlier this month against a marine
      827 words
    • 139 43 [SINGAPORE] The Singapore Registry of Ships has reached 24 million gross tons (GT) with the addition of the 30,745-gt Star Indiana to the registry. Star Indiana, which was added to the registry on Jan 17, is a new general cargo vessel owned by Masterbulk.
      139 words
    • 113 43 Xinhua [DALIAN] Dalian City in north-east China's Liaoning Province saw its foreign trade volume rise 23 per cent to U556.97 billion (Ssll.B billion) last year, said the city's foreign trade committee. The city's exports rose 18 per cent to US$4.O6 billion last year, the fourth
      Xinhua  -  113 words
    • 308 43 Reuters [SAO PAULO] Brazil's port of Santos, the largest in Latin America, moved a record 3.25 million tonnes of cargo in January, up 10.2 per cent from the same month in 1999, port authority Codesp said. "The growth of 10 per cent signals the
      Reuters  -  308 words
    • 309 44 PAGE ECl 4 AAL 3 ECU Lite 6 Accord 8 ESP Lines 13 Ataenkiel M Ew rMn 6 Append* 5 f0CmiSm 8 AsiaOCL 13 Frt Links 14 Austral 8 C Link 4 Avant M S rtf 6 B'tangMas 8 ftShw 13 USA 7 GtoM U BTL M
      309 words
    • ALASKAN cruises
      • 764 44 Spills and pollution from tourist ships cause Alaska officials to work on new regulations Reuters [ANCHORAGE, Alaska AFTER a decade that saw the size of Alaska cruise ship crowds triple and pollution from the massive vessels foul area waterways, state officials are moving to blunt
        Reuters; FILE PHOTO  -  764 words
    • 18908 51 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 06/03 02/04 CSAV IKAGURA 023S 65-*****55 To ABIDJAN (ABJ) 2003 Cote D'lvoire I 06/03 02/04 Norsul IKARUGA 023S 45 37*5013 04/03
      18,908 words
    • SHIPS IN PORT
      • 508 57 Voy Mo Btrth Arrival 0*p*rtur» JwriM Nrt M Lh5 55 ***** JOI 24/02/12:8 24/02/800 «4" ***** JOT 24/02/1040 24/02/2040 I ***** JOI 24/02/100 24/02/23:00 ***** JOI 24/02/11:20 24/02/23:00 I 9,4 *004 316 24/02/12:35 26/02/840 i K«rusNn*s«4 17 300 24/02/14:30 21/02/12:00 "«<•<*> 4 07-00 J* 24/02/15:00 24/02/23:59 G*"* OVOOJ
        508 words
      • 1735 57 KCEIVWiC or EXPOtT m CONTAINERS AND IXL CARGO BooMm/Mmc* htb Ship Voy No Etb/Btr Nrtod Fro* To From *CI JAM MM 27/1040 U 24/BM 24/MM 24/HM 2 4/1 MO 24/1659 24/7900 U 24/1700 25/MM 25/MM 21 24/IJM 25/0659 2 V0900 2MHI 2VW 25/MOO _4 2VI200 25/MM 25/1700 M1.PHH.lff!
        1,735 words
      • 199 57 Mas Taiwan: Peace Day. Marl Korea: Independence Movement Day. thru Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya HajiBrunei: Hari Raya Aidiladha. Mar 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). Hartß Taiwan: Market Holiday for Presidential Election. Mar a» Japan: Vernal Equinox
        199 words
      • 774 57 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 movements are Indicated. The Cockett Bunker Price Index change and the Individual
        774 words
      • 460 57 tetM M> Mm 990J 04 16.9 0.06 71 0.05 FM IT OmnHt M« BmMm Ask AJmMm fI—It N»«WtE2S 0 0 0 0 0 rr=- MO AM Ml4 OJ VO 0.07. 42 0.03 tel. 380 MB 9919 0.7 «J 0.14 2T0 OjM WIT} %w %M/*I »M/M MM
        460 words
    • AIR & LAND transport
      • 397 58 IPTN, now undergoing revamp, aimg to become one of Asia's leading aerospace companies AFP [SINGAPORE] Troubled Indonesian aircraft builder PT Industri Pesawat Terbang Nusantara (IPTN) yesterday expressed determination to become a key Asian player as it seeks foreign partners and funding. IPTN president S
        AFP  -  397 words
      • 48 58 [SINGAPORE] Pilots from Singapore Airlines give the thumbs up to Bombardier s Lear jet 45 at the Asian Aerospace 2000. SIA operates four Learjet 45, specially configured for pilot training. With the pilots is George Laforme, vice-president sales, Asia Pacific, Bombardier Business Aircraft.
        48 words
      • 369 58 Union threatens strike on March 25 over contract Bloomberg [ARLINGTON, Virginia] US Airways Group Inc said it will suspend operations if the sixth-largest US carrier's 9,800 flight attendants strike as threatened on March 25. A 30-day countdown to a possible strike began
        Bloomberg  -  369 words
      • 134 58 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's biggest airline, said it will lease seven planes from British Airways pic to increase flights to Europe. Sydney-based Qantas will lease the Boeing 767-300s from British Airways (BA), Europe's largest airline, from June this year. BA owns
        Bloomberg  -  134 words
      • 67 58 [SINGAPORE] Boeing officials mingling inside a fully completed Boeing Business Jet (BBJ) when it was on display at the Asian Aerospace in Singapore. This is the first time the business jet is shown to the public. The officials are (left to right):
        AP  -  67 words
      • 287 58 Bloomberg AFXAsia [SINGAPORE] Singapore Airlines has signed a deal to use the flight planning facilities of Deutsche Lufthansa AG unit Lido. Lido will form a venture with Singapore Airlines to jointly market flight planning services. The facilities, currently in Hongkong,
        Bloomberg; AFXAsia  -  287 words
      • 284 58 AFP [SINGAPORE] Lufthansa Technik, one of the world's leading providers of technical services for commercial airlines, said it expected higher sales and greater market share in the Asia-Pacific region. August-Wilhelm Henningsen, general manager of a joint-venture firm in Beijing, told reporters
        AFP  -  284 words
      • 280 58 Reuters [SINGAPORE] DaimlerChrysler Aerospace (Dasa) is seeking partners in Singapore and the Asia-Pacific in a wide range of projects including the proposed super-jumbo Airbus A3XX aircraft, a spokesman said. Half the potential customers for the A3XX, whose 560seat capacity would be greater
        Reuters  -  280 words
      • 1685 58 on FUSHT CTA FU6WT lit AWWOt MB230 MS 4MZ2I mt tmm&m SO0O3 I9W CZ354 09K) 1*6381 1905 IHUM 2230 UMI 2MB illH MB soao iws «at 2230 im **7« oio vwot42 0905 B 6*975 00 B0044 000 W"™ 5 KL0037 1535 KL0038 2335 m AM328 2345
        1,685 words
      • 144 58 Bloomberg [SYDNEY] Morgan Stanley Dean Witter Co said it will acquire Ansett Worldwide Aviation Services from News Corp and Netherlands-based TNT Post Group NV to expand its aircraft leasing business. Sydney-based Ansett Worldwide is the world's No 3 aircraft leasing operator with
        Bloomberg  -  144 words
  • Page 43 Advertisements
    • 100 43 -W 'jT iff **"'"<« c ALASKAN CRUISES: Downside W to the tour st boom 1 EeS23SE Indon aircraft builder seeks foreign partners Other reports CAMBODIA SHIP REGISTRY "Over 900 vessels registered totalling more than 2 million GRT since its inception" We provide offer: most competitive fees no restriction on nationality
      100 words

  • Page 44 Advertisements
    • 1149 44 I NORTH AMERICA 1 I EXPORT 1 1 OTHER DESTINATIONS I 88X SUPER 3HUTTUE EXPRESS- MBfCT TO LONO <IACH WIST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) rasa ww wan bum w— mus wmm ooqmo mm tow ■racoon rasa wt ITTI wjbml *ouwu I smuouwol co—ro I hcmmm Imbuiimmul acl OOaUUKMHU
      1,149 words
    • 680 44 Lines services represented by Members of the Registry of Accredited Shipping Agents, S'pore Notionol Shipping Assoc NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE MV "ARTIS GRACE" V. 0001 ETA SIN 01/03/00 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONUMBS/ CONYBTTIONAICUGO WW MM/imUHM/MMk I MKHX ETAPKL ETA SIN
      680 words
    • 6 44 Members of the Singapore logistics Association
      6 words

  • Page 45 Advertisements
    • 1058 45 *1 TO EUtOPt FROM EUROPE *P »n»wii>i«iaimifli vcsa vot 1r» ami ham my sou fit ibi sm 1 apikab tim a/n it/n u/w 21/0315/03 htimmm m )/n s/n i/ti 7/07 24/02 HYCOMMOOOB 324W l/W H/BU/B 14/03 21 /13 THAMES 55* 11/07 1/12 0/12 4/12 1/03 ■M S32W 3/03 If/13 11/03
      1,058 words
    • 1453 45 67) HANJIN SHIPPING likPl _sdb mta hmumSMPfWGfS)rnire now rmmrv wrram n mummami w oraunars n»ri»M imh mms mi mrm as iisxtoom TO NW USA CANADA|~ USA mva/yor mb m immm/vot bT~| m m T~IS oi msr nr m mm m TIS m ml m HJBIUMTMOMI »*7 77/B MKT M/B 17/B
      1,453 words
    • 422 45 4BSB MT_ _m_ m Mr SO MS JB_ _IH_ J«_ Iwssa I TOT ISBI MS IttSSE Mr fa IJP I AO HAEMLM CM M/R 01/V3 03/13 |W& HI? IfSlrEm ByKi2j| 5/S mam m_ vm_ nm m 01*3 ii« ii« HRI ™Ipfl"?, „l lRg{ MKHUAO jW5_ IVO3 IVP IS/D I I
      422 words

  • Page 46 Advertisements
    • 1475 46 DSRSENATOR LINES TO UK/CONTINENT TOMKUfIKKItANKANCANADA Wl m LEH H» W MM IB FU «SS& VOV Ml lIT W H» M «H HMUMLON6KACH MS6W SM lid MM lIM 17 M M QWYABB CHAM* SS37W MR 12.0 14 H MB 118 SB HAMJM KHLUNG 873W BB »B 17 B MM MB 17.M
      1,475 words
    • 655 46 MAC-NELS S; PORE M'SIA I uTTrTJ c«m«n UN COUTH IKS, INC ROUDMQ;p)Mmi PEWWH WaWW BANGKOK: (MS) 3384C57 SURABAYA: (31)*****11 KELAHG (03) mosn JKT(3l)3>O<3«6 KUOIQ<BM)OM3I-3 PORT KLANO MANILA MV CONTI FRANCE V. 002S MV LT. EUROPA V. *****N ETA SIN: 28-2-2000 ETA SIN: 28-2-2000 BARCELONA rottirp am/Hamburg MV "E. GOODS" V.
      655 words
    • 571 46 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VWMI «m M SMEW COLOMM P KLANG CAPt CANAVERAL V 11fW 27 Fa 17 MAR 12 MM 1« HAH TULSIDAS Vl2l KHAR 14MAR II MAR 25MAR CAPE CREUS V.IMW 12MAR 21 MAR MNM H APR CAPE CANAVERAL V 12tW 11 MAR 21 MAR MAPR MAPR
      571 words

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    • 1740 47 VEBMBL VOY KHH HKQ SIM PKO PXB PMM BA I MMC IRAN BAABAEI PCL-142 16/02 18/02 22/02 23/02 04/03 05/03 07/03 09/03 IRAN BEESTAN PCL-143 23/02 28/02 29/02 01/03 11/03 12/03 14/03 18/03 IRAN TABATABAEI PCI.-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
      1,740 words
    • 1101 47 KB 2000 ACCEPTOR CROfl TO DAKAR, LAGOS, TUU ft I ABIDJAN VU GENOA J I GENERA! AGENTS IN SINGAPORE SO ROIINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/ir^^MOSM^^OHOREOmcr™ I COSTAft SNIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD KPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND SINGAPORE *****8 CONVENTIONAL
      1,101 words
    • 758 47 i i EUROPE EXPRESS SEWViCC EXPOtT ,1,1 IMPORT in- UlllUlllgfc ***** Hi ttanm umob m t M u am. ■nmuva. «o«ow. n Hiaaaw m nm unw »u in TRANSPACIFIC SERVICE EXPORT fa—»»i«i»i»«/a c—swui/san— wrawmc IMPORT msa Ivor Ym in om fwr lm Hofi T~ai rmmim- Ig ?tßim oitow um n/M
      758 words

  • Page 48 Advertisements
    • 1412 48 EUROPE/UK/SCAN DINAVIA/FHIUtIIO/RUSSIA SGP ROM ANW HBG TUP ZEE LHV LHV THP ROM ANW HBG PKL S6P I. DECENT RW-013 2t*2 18*3 22/03 17/03 19/03 21*3 *2*3 E REFINE RE-024 03/02 05/02 04/02 06/02 0402 27/02 28*2 I DIAMOND RW-012 04/03 23/03 29/03 ZS/03 27/03 21*3 24,03 E. ROYAL RE *46
      1,412 words
    • 759 48 PACIFIC INTERNATIONAL LINES (PTE) LTD A SSSSV 1 street #03-00 PlLBurichng, Singapore *****0. I CE NO **********06 I IlVßtt V9T HQ _JS_ «t sro Ma* H«pt6|M|l hbemi sr S3 ira aa s« jgj iou rawiu rwtosi 2/3 »/> »4/i u/j n/1 m/ 3 I VOT ML STI vissa voy mi
      759 words
    • 380 48 u, .u.i Mum SO TH.OK OLANGAH ROM) NMS OTPOHT CENTRE STONE 0«0M TEL *****11 (6 lines) FAX: *****05 TIX: RS ***** CR NO. **********0W Vtssa VOY El* ETD OBTMBDN MMUKMft KMNBMI M2OM M-OfUM Mfiw nmmum nmam nwnMMK ■MOURN* WMIOIOMM IUMM-iiWi ummu www B7«a— imuomiporiwotmni For tßfvihts and bookings pltin contact*SEASPACE
      380 words

  • Page 49 Advertisements
    • 354 49 iBSA^ M MYANMA wBBk FIVE STAR UNE (MywNMr NatioioJ Um) Loodhn r (loogooB) VESSB VOT SM PU PBi PGU SITT*I 91* SIB NM-AN 247* SU> MALAYSIA AGENTS: OOUSTEAO SMPPOtG AGBKKS ML IB (OX ***** M PIL TH (03) *****01 PBt IB (04) HI 2402 PGft TH (07) *****21/4 BANK LINE
      354 words
    • 1161 49 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. iwssa wr I» I sou |un| my |ww|m. 11 vtssa vot i sou i«|— I m I iMM^i^^^^n Ittßß 014W 25/07 17/03 10/ M 12/09 14/ M MTFBBUL 32S 03/02 01/02 05/02 M/V2 24/02 MIPMM M/M 15/03 14/03 11/01 14/03 MOSB 5)11 11/12 12/12
      1,161 words
    • 494 49 vtltar WALLENIUS WILHELMSEN TO NORTH AND UTIN AMfRKA "CAR RORO HEAVYUFT SERVICE" VISSBL VOY KAMP NBBNT SIN IK MAO MA SAV |ML Off |NYC |Kl| KM TAMPA AHOOS 400 1m ~AJM it/of ~J5703~ U7M ***** *704 io76r TT7O4 IJ7ST T77IT Ti75T TALAOOT AHOO4 4001 m 4JM 11/03 10/04 11/ M
      494 words

  • Page 50 Advertisements
    • 1026 50 INDONESIA NATIONAL LINE TO AUSTRALIA I RILL COtTOMHEH 9BNK& va _w m m m m sr» m m m m usubai as oot n/n m/u n/w u/u 17/n iwumm ~m »/wv/n "7" n/» n/w */«j mtmm aT 11/hm/P WB »/W »/B» «781~ MM 71S B/Btl/M 11/W «/*4)04/M| |«7/>4 j_ FEEDER
      1,026 words
    • 746 50 VESSELS VOY aw PKL JED MLA LEH RTV HAM SOT V-LEDETAWYA T3WW 20*02 01/08 0003 14*03 19*03 21*03 22*8 23/03 25*03 VM-LE OE TAURUS A3BW 07/03 06AB 17*03 21/03 26/03 2MB 30*03 31/03 02AM W-LE D'AOUARRJS U3CW 13*03 14AB 22AJ3 27*03 02AM 03AM 06AM 06*04 06*04 WJ-E DE AWTARES L39H
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    • 29 51 *'J^K f j# a E$ M >i ogm KVTI 1 ■S^^^Hll^FL^HKi'W < ju Ha MlHr* I we^-^a I IB^HC We position ourselves closer to you. http://www.ptp.com.my General Line: 607-241 1300
      29 words


  • Page 53 Advertisements
    • 71 53 I New Adv f. rti s ers/Servi c es/Ag enc ies MALDIVES NATIONAL LINE See Our Ad on Page 4 under Seaward Shipping Agencies Pte Ltd. LfrJS Singapore Pte Ltd Providing You With More Than 90 Direct Ports of Call Page 6 I— wjjj IRAN AFGHANISTAN Turn To Page-3 Cross
      71 words

  • Page 54 Advertisements
    • 65 54 Services to: Regular Break-Bulk Project-Service US-Gulf East-Coast (Houston, New Orleans, Savannah, Camden, Baltimore) Europe Med (Alexandria, Savona, Rotterdam, Antwerp, Hamburg, UK) Interasia (Haiphong, Hong Kong, Shanghai, Dalian, Xingang) Loading: Singapore, Port Kelang, Jakarta, Sri Racha Additional ports enroute on inducement Heavy-Lift capability up to 450 ts. For additional ports schedules
      65 words
    • 37 54 •I c,HAMAD .„ru.yr WBEBM SINOKOR MERCHANT R 71 I MARINE CO lit. a BmnHl FARWIDE SNIPPING AGENCIES PTI LTO EXPORT Uni-M»(SUM) foe m-1514 fML fOtT KLAWC SIW: SIW6»rOtI HIS: HOH6 KOW6 USW: ULSAW HIS: HISM KWT: IWAW6TAW6
      37 words
    • 38 54 SHimN6* WAREHOUSING B*m: Singapore Loading DaiK Moil id Sa (BATAMINDO I/ID) Acoejnng FQJConvenDonaW'rDject/Harv'y Lift C«p> Reefer Conjurer ■■Mi: Singapore I x*ing Man. Wed &Fn (BATAMINDO H) Aocqxiqg PCLConventmWrojea A He«vy Lift C*go M: 227 0322 hue 222 9330
      38 words

  • Page 55 Advertisements
    • 1065 55 SSAMUDERA SHIPPING LINE, LTD 72 kmtom Rm4, #06-01 H 03, »M«p«n *****1 MAM LWE/OUTWARD: 532 34M INWARD (WOh 437 7341 IMPORT STATUS (WO); 437 2371 INVENTORY (WDfc 437 2420 Wvbslta hltpi//www.seew4efe.cwe Ci NO. 1047*******0 BOOKINGS UNi: 535 6266 (C«iiq/Je»ska/M»i Chon/J«tlynw/Poro/Honim) QSBB3ES&S9H SIGS/WBKIY SBESEBSBM SSIGS/wekly [vessel vot sw jak Ivcsa Ivor
      1,065 words
    • 857 55 SIN TO SRI LANKA/ INDIA, CANADA, US/EC/GULF, MEXICO IMGI SW IKT 1 SUI 1 WW I POG I C— I XMI I HAI I HTI I OW I SAV 1 l«W 1 IMI HOM~| HOtGH DCW /0354 VJVL _gZZg3_ _g/01 J VP? 14/03 74/03 71/03 jjflj 71/04 30/04 03/05 07/05
      857 words
    • 601 55 hffS, ENSinsMmmcorTiijDl I M: SMM7S LbNMnJUNM/UIHU I vcssa vot sain smetb bcstmbnm Okmlin«b 4/00 25/02 24/02 saoko* UawSttS 3/00 2S/B2 26/07 BLN UwS* 12 3/00 25/02 25/02 sm*M Ums» 22 2/00 25/02 25/02 fbft/M* Umm 5m 20 2/00 24/02 27/02 MM UnmSolO 4/00 26/02 2MB Swtoyc Gando II 3/00 27/02
      601 words

  • Page 56 Advertisements
    • 570 56 I VESSEL VOY SIN MAA SIN I TIGER BRIOGE 776N 25-26G2 020& TO 10-11AJ3 I TIGER METRO 777N 29-01«3 06-OSO3 I TIGER ARROW 778N 03-0403 0912AJ3 17 1803 I TIGER RHYTHM 779N *****3 1*1603 21 2203 I TIGER BRIDGE 780N 10-11AJ3 16-1903 2*2M)3 I TIGER METRO 781N 14-ISQ3 20-2303 2829Q3
      570 words
    • 758 56 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flo«in#siognot.com.sg DIRECT CONSOUDATION SERVICE TO •SAN JUAN, PUERTO RICO •SANTOS -PIREAUS •RIO DE JANEIRO •VALPARAISO -NEW DELHI (Palpargonj) DUBLIN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) -IZMIR -COCHIN •SANTO DOMINGO •ISTANBUL -BUENOS AIRES FPU BOOKING: *****31 /3/6/6Q/61 /62/67/6S/69/79 PROJECT SHIPMENT A HFAVYUFT CARGO Bobby
      758 words
    • 1165 56 ForMmgteaqmyeJ437BlSo Q ■OBiinmm w rl wtao» iiu in in I >—* an «mm ta OOQCAUOOA43BM ?VW IMB IS/03 14/03 IVO3 IVO3 ■OOQMIWKWMS 01*2 0/V 13/B 04/B HiW vm ooq m ran moo* oi/to \im nm n/u n/03 am looauiMUMH ivb mm wm 11/w 14m Ms OOQitfM«SIB o>At3 ?VP W/03 3MB
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  • Page 57 Advertisements
    • 86 57 ?i 4 kw JHE& Wr" ■> _hI i 'ii'ii>""' •Hff. The Shipping Times now features a full paqe of logistics news on Thursday every fortnight. I Current trends, 'atest developments with specialist writers providing expert analyses and giving you valuable nsights into logistics companies that make a difference with their
      86 words


  • Article, Illustration
    252 59 vJVj^Uyßt PSIKtK out the United Japan RHMRponviction after Si CMG first years.lMitite was still In helm Schroders also won with its Global Enterprise Fund. "Given its global orientation, group resources are fully harnessed with stock selection in US/Europe coming from our specialists in London, while the Singapore team
    252 words
  • Page 59 Advertisements
    • 474 59 ■•TISCIIL9 ASSET MANAGEMENT (SUGAPOtE) LIMITED —1| t 1 f Best Performing Equity Fund WL Be* Performing Bond Fnnd m Be* Monmkng EqrnXj fmmd aver I year v* aver I year over 1 year (Aaia f yii) I II 1 Five Arrows Five Arrows Five Arrows Southeast Asia Asian Bond Trust
      474 words

  • investment fund awards
    • 924 60  -  fhe Information Age shapes a new order and JOSEPH TERN identifies 5 core factors that will put companies and nations ahead JOSEPH TERN The writer is an investment director at Rothsehiid Asset Management WHAT do Wall Street, Silicon Valley and Hollywood share in common besides being
      924 words
    • Article, Illustration
      1325 62  -  North Asia and the bigger Asian economies offer more upside potential than those in South-east Asia, writes PEK SWAN TEO LAYANTO PEK SWAN TEO LAYANTO The writer is a director at Schroder Investment Management (Singapore) IN recent weeks, the asset allocation preferences of regional funds have shown
      FILE PHOTO  -  1,325 words
    • 987 63 Given the plethora of unit trusts now available in the market, it is crucial to understand benchmarking and know which ones to use in evaluating the performance of each of these funds UNIT trust investors would normally expect the performance of their unit trusts
      987 words
    • 753 64  -  Balanced funds are much-maligned, but there are merits to investing in them, says RAMESH PARAMESWAR RAMESH PARAMESWAR The writer is an associate director of SSB Citi Asset Management Group Citibank, NA BALANCED funds have in the past few years come under attack from critics who
      753 words
    • 491 64  -  By Alex Henderson The writer is director of Henderson Investors FROM a fundamental perspective, the outlook for global technology stocks in 2000 remains very encouraging. The Y2K issue has passed with very few glitches, so corporations that had imposed technology spending lock-downs at the
      491 words
    • 784 65  -  There's more to the role of distributors than just selling the goods, says UM MENG TAT. Service providers go far in educating the public about unit trusts LIM MENG TAT The writer is vice-president of investment funds services at ABNAmro Asset Management THERE are more than 20
      784 words
    • 627 66  -  By' Ven Sreenivasan THE Investment Fund Awards, which is jointly organised by The Business Times, Standard Chartered Bank and Reuters, is now into its fourth year. The 1999 Awards received applications from 190 qualifying funds, of which 102 were
      627 words
    • 1632 66  -  NGIAM TONG DOW, the Central Provident Fund Board chairman, delivered the keynote speech at the 1999 Investment Fund Awards held on Feb 18 at the Ritz-Carlton Hotel. We reproduce the full text of his address NGIAM TONG DOW f f OOD evening, Mm ladies H
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    • 866 69  -  While global bonds are performing very well, they have failed to take off in a big way in Singapore. PATRICK CORFE looks at the merits of investing in bonds PATRICK CORFE The writer is investment editor at Aberdeen Asset Management Asia THERE are only a
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  • Page 60 Advertisements
    • 231 60 Dresdner Global Internet Fund Since the invention of cars nothing revolutionised the world as much as the Internet did. "i 4* In 1994, there were 3 million people worldwide using the Internet, today there are more That's why Dresdner Asset Management is introducing the Dresdner Global Internet Fund. The new
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    • 100 61 invest in the best of breed today! To make the most of your financial future, look no further than Standard Chartered's Best of Breed booklet a special compilation of the widest range of top-performing unit imstv. .tvailable in Singapore. For your very own copy of the Standard Chartered's Best of
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    • 36 62 Tt f*" mm 3? An ongmat concept from la to you. Available only at International Budding (next to Shaw House). Ceotrepomt Plan Singapore and Tangkn Mai Customer Service Hotkne 1 800 380 2SOO www gofclheartcom »g
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    • 214 62 Aberdeen ASSET MANAGEMENT ASIA li-jrsS aSfi®^ -SSSSJP Si' 'V? aSH^^?*"- 4 ""SZvtfS'Si i > Aberdeen Malaysian Equity Fund After a year in the investment wilderness, Malaysia is beginning to convince the doubters. Growth, confidence and companies are reviving. As the ONLY dedicated Malaysia unit trust registered in Singapore, this Fund
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    • 277 63 < fl #1 M Global Contrarian Fund. Awarded Best Performing Global Equity Fund* 1 m M We see opportunity in adversity. s 3 V. > *3 *)■«> s What makes the Global Contrarian Fund tick are our fund managers at OUB Asset Management Ltd. OUB Asset Management Ltd, the fund
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    • 33 64 ffc' tfitd!: r An ohgtntl concept from ut to )«u. AMiiaUe only at International Building (next to Shaw House). Centrepomt Pla/a Stngapura and TanghnMaH Customer Service Hotfcne- 1800 380 7900 wvnwi gotdhe«rtcom «g
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    • 290 64 *r W We have the Techknowledgy Techknowledgy That's what has made our w Henderson Global Technology Fund such a phenomenal success. That's what has delivered the Fund's spectacular growth of 311.6%* since its launch in 1997. Techknowledgy has made Henderson Investors one of the largest managers of technology funds outside
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  • Page 65 Advertisements
    • 299 65 The judges know a winner when they see one. n m in So do all of our investors. V 1 CMG First State Investments is proud to be awarded the Best Performer for the CMG First State Singapore Growth Fund and CMG First State Regional China Fund. Excuse us... but
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    • 39 66 y AWgni I i i iii J! f £ewfJzl;'. An anginal concept ftwn u» to youAratatfe only atlnternational Budding (next to Shaw Hou*). Cantrepomt. R«z» Smgapun and Tanghn Ma* Customer Service Hodne 1800 380 7800 www* goMheart con sg
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  • Page 68 Advertisements
    • 212 68 WE JUST KEEP GOING FROM STRENGTH TO STRENGTH 1997 1998 Investment Fund Awards Keppel Singapore/Malaysia Fund J j (Singapore/Malaysia Equity Funds) I I 1-Year Category J < 1999 Investment Fund Awards Keppel Singapore Balanced Fund Keppel Singapore Balanced Fund j Keppel South East Asia Fund I f (Mixed Funds) I
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  • Page 69 Advertisements
    • 331 69 The Fund invests in high-growth companies involved in the strong performance this fund has enjoyed since its inception on 27 Act now and reap the potential returns in what the telecommunications, IT hardware and software, and electronic May '98 (188.2* total return on Net Asset Value, with income rein- information
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  • Page 70 Advertisements
    • 264 70 Maximize Your Investments wit Ii As! Unit Trusts are managed by fund managers whose vast experience in managing investors' funds will ensure superior returns over time. Diversification is the key to successful investment. Most investors lack the time to gain the experience and knowledge of other markets. You can invest
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