The Business Times, 8 March 2000

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Total Pages: 50
1 50 The Business Times
  • 16 1 THE BUSINESS TIMES MFTA (p) 035/12/1999 85* SlMftADABi- Internet: http://business-times.asia 1 .com.sg/ WEDNESDAY. MARCH 8. 2000
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  • 65 1 ran am USI 8» OSS L7J1 SflBMtpcrQ IJ73 17M EUR0(U8S/8S/E) 0 Jtt Lffi M— —IM CM4 YEN 1974 LH9 M lift MB 7.78* USI LMi BOPIAB 7,461 USI* 'jttoJMmte PXOB BATES s smwcsr us KUALA LUMPUR 7J7 Jakarta mm jBANBKDK JlbV 1WCLA™ IIM HONGKONG &M TMPH ?jM Sydney m
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  • 714 1  -  ift exclusive Trading volumes shrink, small-cap stocks fall, but brokers npbeat on T+3 ruling By R Sivanithy [SINGAPORE] Retail stock investors have been trimming their holdings of Singapore shares in recent days, ahead of next week's introduction of a shorter
    714 words
  • 968 1  -  KL firm won't receive fees until shares are freed for sale on ELSE By\ Ven Sreenivasan [SINGAPORE] Effective Capital yesterday tried to soothe the frayed nerves of Clob investors by clarifying that the fees paid for migrating the frozen Malaysian shares will
    968 words
  • 500 1 Stand-off with the President as insider trading storm brews AFP [MANILA] Securities regulators yesterday shut down the Philippine stock market, setting off an unprecedented stand-off with President Joseph Estrada that both sides said could have damaging consequences on the economy. Securities and Exchange Commission
    AFP  -  500 words
  • 111 1 Reuters [NEW YORK] The Nasdaq Composite Index shot past the 5,000 mark in early trading yesterday after the latest economic numbers confirmed that America's investment in technology has paid off in strong productivity and low inflation. But in another tale of two indices,
    Reuters  -  111 words
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    • 191 1 DWIPB Movity Matters Weakening yen; Why h it may be time to consider a countertrend play. Pg 94 Top Stories DBS restructuring 1 is paying off, say analysts. Pg 4 OH prices hit fresh M nine-year peaks. VeriSign to buy t, Network Solutions for US$2l b. 12 111 I I
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    • 569 2 Greenspan says it again rates must go up Economy running ont of workers, leaving it vulnerable to an upward spiral in wages and prices, he warns NYT JUST in case investors had chosen not to heed his previous warnings, Alan Greenspan gave them a reminder Monday that the Federal Reserve
      NYT; AP  -  569 words
    • 1086 2  -  So far, he has pumped over $20m into the e-commerce venture Reports byi Conrad Raj [SINGAPORE] Savvy property trader Simon Cheong's next ambition is to become South-east Asia's, if not Asia's, Jeff Bezos the founder of Amazon.com, the world's largest Internet retailer. But
      1,086 words
    • 406 2 A willingness to take risks gives property dealer the edge FOR a person who has made a name as a savvy property dealer, Simon Cheong is shy and somewhat reticent. Throughout his interview with BT, he kept saying: "I didn't want to do this
      406 words
    • ON THE grapevine
      • 117 2 WE hear from the grapevine that Singapore Telecom wants to know which journalists complained to Temasek Holdings' chairman S Dhanabalan about SingTel's poor relations with the media (with the exception of one particular newspaper) in the recent takeover battle for Cable Wireless HKT. We have the
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      • 182 2 JUDGING by the letters page in Barron's, aUS financial newspaper, Federal Reserve chief Alan Greenspan has stirred up a hornet's nest with his ruminations about inflation and the need for interest rates to rise. One irate reader in the Feb 28 issue recalls the old children's fairy
        182 words
      • 107 2 WHAT do you call a cellulite buster that promises to get rid of the dreaded "orange peel effect" on women's thighs, hips and other parts of the anatomy pronto? The copywriter for Elancyl, the French range of cellulite-busting products that retail in pharmacies, decided he, or
        107 words
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    • 1185 3 Of course it does! ITjfr"™ a cool $5 million was reaped by 17 companies as cost savings m a $50 jnillion VH That is what Singapore companies are April 1999 The 27 companies surveyed report- jJSSC^ enjoying simply by managing their ed savings ranging from $50,000 to $810,000 |Hr999otyh**+ jMj
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  • SINGAPORE companies
    • 479 4  -  KMJ?proposal SIAS suggestion is impractical and will raise legal problems, 6K Gob boss argues By' Ven Sreenivasan BROKERS shot down the Securities Investors Association of Singapore's (SIAS) suggestion that they, instead of the investors, foot the 1.5 per cent fees payable for Effective Capital
      479 words
    • 540 4  -  DBSfTETTirci Stellar profit report shows much progress, but interest rate fears likely to cap its share price rise over near term, say analysts Reports by I Siow Li Sen DBS Group Holdings is on the right track and its stellar 1999 earnings show that the bank's restructuring
      PHOTOS: ARTHUR LEE  -  540 words
    • 416 4 DBS Bank staffers have one good reason to cheer their bank's high profile new hires, if for no other reason than that the arrivals, many of whom are foreigners, indirectly helped push up their salaries faster. Ever since DBS' chief executive John
      416 words
    • 781 4  -  locksiew catherine ong INVESTORS took John Olds at his word when he said he can mutate DBS Bank, a once stodgy government institution, into a world-class player that adopts international best practices. Market confidence in Mr Olds, who took over the helm 19 months ago,
      781 words
    • 413 7  -  It is also baying West Java's fixed-line operator By Andrea Tan CONSTRUCTION group L&M Group Investments is in talks with Sing Net to take up to a 30 per cent stake valued at US$l5 million (5525.5 million) in its soon-to-be incorporated CyberCity
      413 words
    • 286 7  -  Full-year earnings seen to be better than previous year's By* Andrea Tan RETAILER Robinson Co yesterday posted a 44 per cent jump in net profit to $12.8 miUion for the six months to December 1999, reflecting improved consumer sentiment. Turnover rose 27 per
      286 words
    • 180 7 KOH Brothers yesterday said it has clinched $169 million worth of new contracts since September 1999. The four deals were secured by wholly-owned subsidiary Koh Brothers Building Civil Engineering Contractor and consist of three specialised design and build projects and one conventional construction
      180 words
    • COMPANY Briefs
      • 144 7 SEMBCORP Marine (SCM) subsidiary Jurong Technologies Industrial Corp (JTIC) has received in-principle approval to be listed on the main board. The contract manufacturer is 60 per cent owned by SCM, which intends to eventually sell its 60 per cent shareholding as part of its focus
        144 words
      • 72 7 AFX-Asia SINGAPORE Telecommunications (Sing Tel) said it has secured an exclusive two-year contract to provide payphone services to Singapore MRT beginning April 2000, when full service competitor Star Hub begins commercial operations. Sing Tel said it is also currently working with the Land Transport Authority
        AFX-Asia  -  72 words
      • 43 7 AFX-Asia NATSTEEL Ltd said it has raised its stake in disk drive component maker BJH Pte Ltd to 86 per cent from 83.17 per cent after acquiring 595,120 shares from Transtech Capital Investments for $400,000. -AFX-Asia
        AFX-Asia  -  43 words
      • 66 7 Bloomberg ZAGRO Asia, a Singapore-based seller of agricultural and healthcare products, said 1999 profit rose 57 per cent to $2.3 million. Earnings per share was 0.94 cents, up from 0.62 cents a year ago. Sales were almost unchanged at $62 million. Zagro plans to
        Bloomberg  -  66 words
    • 107 7 As of yesterday. 60 SGX-listed companies had released their financial results for full year ended Dec 31,1999. They recorded a combined $5,357.38m in group earnings, compared to a gain of $686.76m in 1998 The total included 12 foreign companies listed here. If they were excluded, total earnings would
      107 words
    • 308 7 Bloomberg PACIFIC Internet Ltd, Asia's first online company to trade in the US, said it aims to be one of the three biggest Internet service providers in Thailand in the next 12 months. The Singapore-based company also said it will spend
      Bloomberg  -  308 words
    • 327 7  -  By Soh Tiang Keng GREAT Eastern Holdings had a sparkling performance on the stock market yesterday, the day after it announced a quantum jump in profits, a bonus issue and a stock split. It bucked the market trend, closing the day $4.10 or
      327 words
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    • 291 4 E gy||| WO q p 2| I J fl s n I 9 gmli oyt to 4j 9 This symposium and fair is totally dedicated to meeting the needs of PMEs in 3 main areas their professional development I their personal growth their lifestyle pursuits in an ambience of fun
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    • 101 5 DIAMOND INDUSTRIE^ \j IMPORTER OF FINE BELGIUM DIAMONDS U i?3® jf^i* I W 'IbsA' l|Dn Hoge aac Voor Diamant certification under the supervision of the II n U Antwerp, Belgium University Of Antwerp ~0~ ~w~ v V AIA Gem Trade Laboratory, Inc a wholly owned subsidiary of the Gemological l/\
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  • SINGAPORE markets
    • 575 6  -  -it comment STOCKS r. sivanithy THE combination of interest warnings from US Federal Reserve chairman Alan Greenspan and worries that Singapore Press Holdings shares might come under pressure from foreign fUnds forced to comply with the 3 per cent shareholding limit
      575 words
    • 205 6  -  WARRANT WATCH By 1 R Sivanithy ONE of the most puzzling covered warrants in issue is the Deutsche Bank instrument on DBS, which expires on May 2001. For those who remember this warrant, it bore an original exercise price of
      205 words
    • 233 6  -  HOT STOCK By Wong Wei Kong SHARES of Uraco Holdings closed unchanged yesterday despite finishing as the session's most active issue, after the company announced the resignation of its chairman and managing director. Uraco shares ended at 31.5 cents, their opening price. The stock hit
      233 words
    • 158 6 HARIMAU Investments goes ex-dividend on May B.# The last day for buying-in on a cum basis is on May 11. The payment date is on May 25. INCHCAPE Motors will go ex-dividend on June 5. The last day for buying-in on a cum basis is June 8. The
      158 words
    • 503 6 Stock* Volume Uraco HldgslOc 22,345,000 IPCCorpn5c 21,923,000 tonics P$1.00 16,612,000 C£l5c 15,143,000 MediaRing 10c 13,514,000 GoWtron20c 11,982.000 MMI HkJgs 10c 7,615,000 SingTel 15c 7,467,000 Fastech US10c 7,351,000 ST Assembly 25c 6,717,000 Stock# PacificCentury 146,660,300 SPH 66,361,183 ST Assembly 25c 58,414,642 DBSGrp 41,848,410 Chart Semiconductor 26c 37,083,339 OCBC 33,300,057 SJA 25,969,400
      503 words
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    • 745 6 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I CARNAUDMETALBOX AISA LIMITED (Incorporated in Singapore) LOST SHARE CERTIFICATES The undermentioned certificates have been reported lost, destroyed or mislaid:Name Certificate NO, No. of Shares FOONG WAI KEONG *****2 31 -DO- *****3 1,000 -DO- *****4 508 NOTICE IS
      745 words
    • 381 6 IN THE MATTER Of THE COMPANIES ACT CAP BO AND IN THE MATTER Of SINOOU3 PTE LTD NOTICE Of SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WtNOtNO-UP {pursuant to Section 290) At the extraordinary general meeting of the members of the above-named Company, duly convened and held at 106 Middle Road *06-02
      381 words
    • 36 6 Looking for a forum to talk stocks? Chatline is the place to be Find us at http //iol dbs com sg/ ©DBS BANK Larry Wee's cnrrendes eolnmn appears on P&gß 34 <3|§ V® s one ,qILJI
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    • 261 7 EXECUTIVE APPOINTMENTS I" .i«l\« ilim >.ill 1..H-lu. I SIM*- *41 ISN I ,i\ "41 I2 4 »S PPM London Tokyo Hong Kong Singapore Now York Chicago Cape Town One of the ten largest fund monagement institution in Asia, Prudential Portfolio Managers Asia (PPM Asia) is expanding its operations. Presently, we
      261 words

  • SINGAPORE news
    • 370 8  -  By, Jane Cheong THE National Association of Travel Agents Singapore, or Natas, will hold its biggest and most comprehensive travel fair this weekend, ahead of the one-week school break. There will be 560 booths, breaking the previous record of 492 in 1998,
      370 words
    • 591 8  -  Snch&movewill boost liquidity but he concedes cooperation is difficult Byi Catherine Ong DEPUTY Prime Minister Lee Hsien Loong has expressed hope that some Asian stock exchanges, including the Singapore Exchange (SGX), will link up in the next five years, so that
      591 words
    • 430 8  -  From Quak Hiang Whai in Hongkong THE Singapore government yesterday reiterated that Singapore Telecom's bid for Cable Wireless HKT was a commercial deal, adding that it did not believe that Hongkong was deliberately trying to keep any particular company out of the territory. Replying
      FILE PHOTO  -  430 words
    • 388 8 THREE properties are available for sale by tender, one of which is the largest ever private residential land to be up for collective sale. Calrose Garden is a freehold property sitting on 301,358 sq ft of land at the junction of Yio
      388 words
    • 86 8 THE first services-based operators (class) licence since the liberalisation of the telecommunications industry has been awarded to Sakon Singapore Pte Ltd. With the licence from the Infocommunications Development Authority of Singapore (IDA), Sakon will now be able to provide international callback or
      86 words
    • 274 8  -  r=tf =1 on the economy foreign reserves By, Audrey Tan SINGAPORE'S foreign reserves fell slightly in February to $128.8 billion from $129.8 billion the month before, preliminary figures from the Monetary Authority of Singapore (MAS) show. In US dollar terms, Singapore's foreign reserves dropped
      Source: MAS  -  274 words
    • 771 10  -  BUDGET n rarynra S'pore asset inflation not at critical stage Byi Anna Teo ASSET inflation might yet rear its head in Singapore, Finance Minister Richard Hu said yesterday, but his main worry is the impact here of
      AP  -  771 words
    • 661 10 HOLLYWOOD icons like Obi-Wan-Kenobi, Tom Cruise and Bruce Willis entered the Budget debate in Parliament yesterday, courtesy of Pasir Ris GRC MP Ong Kian Min. The following is an extract of his speech: MANY of the recent success stories we hear come from the
      661 words
    • 203 10  -  George Cheng NUMEROUS writers have expressed outrage and shock at the Singapore Exchange's aboutturn on the Clob issue. Up to the last minute, we were given assurances by various parties in Singapore, including the government, that Clob shareholders' rights were solid and would
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    • 239 10  -  John Tan I AM a Clob investor. Alas, the bitter pill has arrived and we are faced with Hobson's choice. What puzzles me most is that SGX could accede to such an unfair arrangement after it had hitherto stood strongly on the legallybinding
      239 words
    • 133 10  -  Lawrence Goh INVESTORS opting for Effective Capital's proposal should be allowed to issue a banker's guarantee of the fee payable upon proof from Effective of successful migration of their shares. And do we think that foreign funds will ever come to Singapore in any
      133 words
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    • 1445 8 HARIMAU INVESTMENTS LIMITED VtvWB (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Harimau Investments Limited wishes to make the following announcement: 1. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 GROUP COMPANY For the Year Ended Incr/ For the Year Ended Incr/ 31.12.99 31.12.98 (Deer)
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    • 64 9 Cisco Systems and FORTUNE present PeterSolvik Building today's Internet Corporation the Cisco Systems experier icg Who should attend Date: Thursday, 23rd March 2000 I Registration: 2.15pm Forum: 3.00pm 4.30pm Venue: Grand Hyatt Singapore Register today o Cisco Systems ;nA forti IMF BBMML I M f—\ AUTHORITY OF 1 V/f\f I
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    • 385 10 Headquartered in London, HSBC Holdings pic is one of the largest banking and financial services organisations in the world with a network of more than 5,000 offices in 82 countries and territories. The 1999 Annual Report and Accounts will be sent to shareholders on or about 19 April 2000 and
      385 words

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    • 494 11 ||j ■I ,-k a :mm P%; 't^ JL »m ■MBjHpl n "1"=?»- m o I ijL W Bvlgari's original shop. Via Sistina, Rome. c. 1895 Would you have invested in this small Italian jeweller I 100 years ago? I Over one hundred years ago. Sotirio Bulgari wouldnt have dreamed Fund
      494 words

  • eNews
    • 565 12 MOUNTAIN VIEW, California Transaction expected to close in third quarter, subject to regulatory approval Bloomberg VERISIGN Inc, a maker of Internetsecurity software, said it will buy Network Solutions Inc, which runs the database that manages Internet addresses, for about US$2l billion
      Bloomberg  -  565 words
    • 286 12 LONDON AFP Reuters US search engine AltaVista announced on Monday it would launch a free Internet access service with free phone calls, after a one-off charge and a yearly fee, within the next three months. The news was hailed by British
      AFP; Reuters  -  286 words
    • 360 12 MELBOURNE Reuters AUSTRALIAN telecommunications giant Telstra Corp unveiled yesterday its longawaited e-commerce strategy, aimed at putting the Internet at the centre of its dealings with business customers. Telstra announced that it planned to merge its business customers division with its Internet unit to accelerate e-commerce
      Reuters  -  360 words
    • e Briefs
      • 113 12 Bloomberg [SYDNEY] News Corp, one of the world's largest mgrila companies, formed a joint venture with a unit of Rockwell International Corp to provide live television and Internet access with e-mail on airplanes. Terms weren't disclosed. The joint venture, named the In Flight Network,
        Bloomberg  -  113 words
      • 88 12 Bloomberg [LONDON] Microsoft Corp will license software from News Corp's NDS Group pic, the companies said, as the world's biggest software maker adds to the interactive-TV product it plans to release this year. Microsoft will use NDS software to help it access certain cable
        Bloomberg  -  88 words
      • 123 12 Reuters [HONGKONG] US-registered Internet company Asia Online Ltd said on Monday it opened an operation in India and acquired Fast Access Network in Australia. "The India move gives Asia Online access to one of the world's largest potential Internet markets from the nation's capital
        Reuters  -  123 words
      • 68 12 Reuters [ATLANTA! Bank of America Corp, the No 2US bank holding company, said on Monday it now has more than two million online banking customers, as people increasingly use the Internet to do business. The bank said it is signing up more than 100,000 new
        Reuters  -  68 words
      • 60 12 Reuters [SEATTLE] Online retailer Amazon.com Inc said on Monday it appointed Apple Computer lnc executive Diego Piacentini as senior vice-president and general manager international aimed at becoming a giant in Europe. Mr Piacentini was formerly vice-president and general manager of Apple Computer Europe Inc, where
        Reuters  -  60 words
    • 427 12  -  SINGAPORE Internet-based auction markets will lead to price falls: economist Reports by 1 Vikram Khanna ASIAN countries will have to "substantially reevaluate" their economic model to prosper in the new e-economy, a renowned forecaster said yesterday. Gail Fosler, who is the chief economist of
      LAU FOOK KONG/ST  -  427 words
    • 152 12 INTERNET stock valuations are indeed a bubble, but that bubble "will be with us for a while", according to Gail Fosler. Currently, she said, valuations of these stocks are being driven by "belief systems instead of hard analysis". Moreover, typically, only a small proportion
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    • 248 12  -  By Vikram Khanna [SINGAPORE] Although the so-called "new economy" will account for an increasing proportion of economic growth, people "may not equally share in the profits and the benefits", France's Minister of State for Foreign Trade said yesterday. At a public lecture, Francois
      248 words
    • 147 12 HONGKONG AFP CHINESE women around the globe are being targeted by a new lifestyle Web site to be launched later this year, it was announced here yesterday. The Web site Chinese Women on the Web (www.cwow.com) will launch into cyberspace in May and
      AFP  -  147 words
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  • GREENSPAN'S speech
    • 2917 13 The following is thefull text of Federal Reserve Bank chairman Alan Greenspan's speech on Monday on 'The revolution in information technology' at the Boston College conference on 'The New Economy' Reuters IN the last few years, it has become increasingly clear that this business
      Reuters; REUTERS  -  2,917 words

  • EDITORIAL & opinion
    • 684 14  -  Bi!!=1 bottom line OPINION shada islam European Commission President Romano Prodi has an ambitious agenda for Europe. Over the next five years, the head of the European Union (EU) executive plans to welcome the first of about 12 new member nations,
      684 words
    • 134 14 'Ultimately, the real latecomers find they are buying piles of dirt' Henry Blodget of Merrill Lynch Co, one of the best-known Internet analysts, comparing the Internet phenomenon to the gold rush of the 1800s and saying 75 per cent of all Internet companies willfail within flveyears. There
      134 words
    • 609 14 EDITORIAL THE pressure to offload the more than Ssl2s billion in corporate assets the Indonesian Bank Restructuring Agency (Ibra) has under its control is intensifying. But to date, Ibra has yet to pull off a single successful sale. In fact, it has suffered a string of
      609 words
    • 861 14  -  Just &s big firms Are taking over the world, the question of what it is all for is asked urgently Will Hutton FT PRIVATE business has rarely been as celebrated and lauded as today. It is not just the source of wealth
      FT; FILE PHOTO  -  861 words
    • 883 14 Clinton needs GOP IN ONE area of high policy, the US link with Russia in geopolitics and arms control, US President Bill Clinton will not be forgiven if all he ends up doing is playing to the gallery and muddling along. Granted, his dilemma is unforgiving.
      883 words

  • REGIONAL news
    • 579 15  -  Malaysian bourse's retreat due to weak regional appetite for equities rather than leadership tnssle, they say From Eddie Toh in Kuala Lumpur MALAYSIA'S de-facto battle for the post of prime minister and his deputy has no bearing on current
      Source: Bloomberg; FILE PHOTOS  -  579 words
    • 461 15 JAKARTA Attorney-General's Office slams related court ruling Reuters THE Indonesian Bank Restructuring Agency (Ibra) said yesterday it would appeal a controversial court ruling over a banking scandal that has again highlighted the country's shoddy legal system. The Attorney-General's Office also criticised a
      Reuters  -  461 words
    • 478 15 KUALA LUMPUR Reuters MALAYSIA should revamp its stockbroking industry and increase market transparency to strengthen investor confidence, the head of an investor group said yesterday. Patrick Lim, president of the Malaysian Investors Association, said he backed a government plan to consolidate the fragmented
      Reuters  -  478 words
    • 331 15 KUALA LUMPUR But govt has not received proposals, Bernama says NST MALAYSIA Airlines has applied to the government for a fare hike for its domestic service following higher jet fuel prices and the weaker ringgit, Malaysian newspapers reported yesterday, although a
      NST  -  331 words
    • 259 15 MANILA Bernama THE Philippines' state-run corporate watchdog has given a troubled Malaysian steel company until March 18 to submit a plan to rehabilitate its cash-strapped operations. In its order, the Securities and Exchange Commission (SEC) also suspended the debt payments of the
      Bernama  -  259 words
    • 157 15 KUALA LUMPUR Bloomberg UNITED Engineers Malaysia Bhd, the country's biggest construction group, said it is considering selling shares in its toll road unit and an information technology company to the public. The units are its biggest toll road operator Projek Lebuhraya Utara
      Bloomberg  -  157 words
    • MARKET moves
      • 75 15 PUNTERS appeared to have discounted the possibility of Tengku Razaleigh challenging Prime Minister Mahathir Mohamad for the top post in the dominant political party, United Malays National Organisation. The share price of Malayan United Industries controlled by Khoo Kay Peng, a close associate of Tengku Razaleigh
        75 words
      • 56 15 MAYBANK managed to buck the bearish market trend yesterday, rising 30 sen to 15.80 Malaysian ringgit. The largest bank in Malaysia is set to retain its pole position in the consolidation of the banking sector. At the same time, analysts said, it is making progress in
        56 words
      • 99 15  -  Compiled by Eddie Toh HALIM Saad of Renong may have to worry about his wealth again. Renong's share price has retreated sharply after breaching 3.24 Malaysian ringgit last month. The counter shed 16 sen to RM2.65 yesterday. Mr Halim will have to buy the Renong shares from
        99 words
    • 474 17  -  il\li budget No major surprises seen in this year's Budget From Quak Hiang Whai in nongKong DON'T expect any goodies from the Hongkong Budget this year. That appears to be the view in town. In fact, word has it that increases in profit
      AFP  -  474 words
    • 342 17 WASHINGTON Bloomberg THE International Monetary Fund (IMF) has raised its forecast for Hongkong's economic growth this year to 4.3 per cent from 3.5 per cent as the city benefits from a surge in Chinese trade and a strong global economy. The
      Bloomberg  -  342 words
    • NOTE Book
      • 53 17 Reuters (JAKARTA] Indonesian President Abdurrahman Wahid declared himself fit and healthy yesterday after a scheduled check-up, giving heart to a nervous stock market. "I have no problem and everything is normal," Mr Abdurrahman told reporters as he left the Harapan Kita private hospital to resume his
        Reuters  -  53 words
      • 76 17 Reuters [NEW YORK] Attempts to serve a summons on Warren Anderson, former chairman of Union Carbide Corp to answer allegations in a US suit over the 1984 Bhopal poison gas disaster in India have been unsuccessful, the plaintiffs' lawyer said on Monday. Kenneth
        Reuters  -  76 words
      • 63 17 Reuters [MANILA] Philippine President Joseph Estrada signed legislation yesterday to open the retail sector to foreign investment, one of several key economic reform bills which have long been pending. Under the new law, qualified foreign companies can take 100 per cent equity in
        Reuters  -  63 words
      • 64 17 Bloomberg [JAKARTA] Douglas Beckett, an executive at Standard Chartered pic, will temporarily replace David Hawkins, the bank's Indonesia chief executive, the UK-based bank said. Mr Beckett, 40, rose to fame in Indonesia last year during the British bank's failed attempt to buy 20 per cent
        Bloomberg  -  64 words
      • 51 17 Reuters [BOMBAY] The Reserve Bank of India (RBI) had questioned ICICI Ltd saying it had overstated its 1998-99 net profit by 4.03 billion rupees (Ssls3 million), a charge that was firmly refuted by the financial firm, the Economic Times and the Business Standard newspapers reported yesterday.
        Reuters  -  51 words
      • 51 17 Bloomberg [BANGKOK] Ferrier Hodgson Ltd, Bangkok Bank pel's adviser in its bankruptcy suit against Thai Petrochemical Industry pel (TPI), said it had contracted 50 executives to help it temporarily manage the chemicals firm if the country's largest delinquent debtor is ruled insolvent on March 15.
        Bloomberg  -  51 words
    • 184 17 SHANGHAI Reuters BEIJING is dressing up its biggest state firms for major global stock offers this year, but foreign investors are likely to be wary after bitter disappointment with other China plays. Red-hot Internet issues and attractive offers from other emerging markets are vying
      Reuters  -  184 words
    • 702 17  -  p-i I comment ASIAN WATCH Mahathir's visit to Jakarta alms to boost more than Just economic ties yang razali kassim WHEN Malaysian Prime Minister Mahathir Mohamad starts his two-day visit to Indonesia tomorrow, he will have in tow a large business entourage. Several
      702 words
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    • 410 16 The Computer book I l "f "t In 1 i All Computer Books Over 3,000 Best Selling and New titles "This book is a must-read for any company that has not completely reinvented itself since the Internet exploded onto SIA the business world a few years ago." St4#^ Former Executive
      410 words

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    • 1043 17 FllWfSfW?! BARCLAYS PLC I ITS SUBSIDIARIES I Head Office: 54 Lombard Street, London, EC3P 3AH I Singapore Office: 23 Church Street #13-08 Capital Square Singapore *****1 .Robinson Road P.O. Box 887, Singapore *****7. Tei: *****00 I Balance Sheets at 31st December 1998 Barclays PLC Consolidated Profit and Loss Account I
      1,043 words

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    • 2230 18 O DBS GROUP HOLDINGS LTD I DBS GROUP HOLDINGS LTD AND ITS SUBSIDIARY COMPANIES I I (Incorporated in the Republic of Singapore) I I CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 1999 CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 1999 I I DSSH GROUP
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    • 2974 19 I ©DBS GROUP HOLDINGS LTD I I I ii) adequate evidence of the intention to hedge and linkoge with the underlying risk inherent in the assets, liabilities, Average balances are calculated on a monthly average basis I other positions or cashflows being hedged, must be established at the outset of
      2,974 words

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    • 2675 20 ©DBS GROUP HOLDNGS LTD I M— I I DBSH Groop adopt-! Statement of Standard 6 on -Eorn.ng, P., SW ~f,,h specifies me computation and presentation for earnings per snare (EPS). w I The Basic EPS is based on the DBSH Group's net profit attributable to members and after preference dividends
      2,675 words

  • Page 21 Advertisements
    • 2701 21 P ©DBS GROUP HOLDMGS LTD I I 21.1 The following is a summary of the subordinated term debts outstanding at 31 December: 24 OTHER LIABILITIES I SS'OOO 1»99 |yyB h, SS'OOO 1999 SHG P I99 THB Floating Rate Subordinated term debt 2001 of subsidiary Interest payable 7 Q co I
      2,701 words

  • Page 22 Advertisements
    • 2239 22 Q DBS GROUP HOLDINGS LTD I 30 PROVISION FOR DIMINUTION IN VALUE OF OTHER ASSETS AND BANKING RISKS I COST OF I DBSH Group COUNTRY OF INTEREST HELD BY INVESTMENT I Interest-in- NCORPORAIION/ PRINCIPAL DBS BANK'S HELD BY DBSH'S 1 In S$ 000 Specific General Others Total suspense SUBSIDIARY COMPANIES
      2,239 words

  • Page 23 Advertisements
    • 2640 23 8 DBS GROUP HOLDINGS LTD HK53,011,576,000 (*****,393,000) DBSH has set as.de HK5564,113,000 (*****,892!b00) as a genial provis,on to cafer SSSB3 6 (1998 SssBl 0 W S ,nJ endenfl| y °PP ra,sed at for the potential contingent payment for KOB shares or additional provision for loan losses which may arise on
      2,640 words

  • Page 24 Advertisements
    • 2198 24 1 S3 DBS GROUP HOLDINGS LTD 40 EXPOSURES TO MALAYSIA, INDONESIA, THAILAND, KOREA AND THE PHILIPPINES (REGIONAL COUNTRIES), HONG KONG 42 MATURITY ANALYSIS AND CH*4A .LL -J .a- i. Tb. following tablet show tbe breakdown by remaining period to malurily of asset; ond liobilitte* ot 31 December 1999 and 1998
      2,198 words

  • Page 25 Advertisements
    • 2114 25 88 DBS GROUP HOLDMGS LTD 4,401,149 ordinary shares of par value Ssl 00 each, fully paid in cash upon the subscription for additional ordinary BALANCE SHEET AS AT 31 DECEMBER shares converting DBS CPS ho)defs n cc-nnn w«»- 1000 loon Mjxljl 1000 100P 4 6,727,144 ordinary shares of par value
      2,114 words

  • WORLD news
    • 730 26 LONDON Saudi, Iranian ministers to meet for talks today ahead of fall Opec meeting on March 27 Reuters OIL prices hit fresh nine-year peaks yesterday as the West's energy watchdog urged producers to open the taps and repair a worsening supply shortage.
      Reuters; AFP  -  730 words
    • 217 26 TOKYO Bloomberg LEHMAN Brothers, the fourth-largest US investment bank, denied reports that it is close to buying a stake in Japan's Nippon Credit Bank from Softbank. "It's news to me," said Michael O'Hanlon, co-head of Lehman's investment bank unit in Japan. "There is no
      Bloomberg  -  217 words
    • WORLD Watch
      • 75 26 Bloomberg [PARISJ Credit Lyonnais SA, France's fifth-largest bank, indicated fourth-quarter profit rose five-fold, more than expected, as its investment bank rebounded. Net income rose to 142 million euros (***** million), or 0.43 euro a share. Analysts had forecast earnings of 86 million euros. The company
        Bloomberg  -  75 words
      • 81 26 Bloomberg [WASHINGTON] US worker productivity in the fourth quarter of 1999 grew at the fastest pace in seven years while labour costs fell, the government said yesterday. Non-farm productivity, a measure of output per hour worked, rose at a 6.4 per cent annual rate
        Bloomberg  -  81 words
      • 67 26 Reuters [SAN FRANCISCO] Charles Schwab Corp and Barclays pic said yesterday that they will develop and operate a foreign exchange facility for investors outside the US to buy and sell securities denominated in different currencies, without the need for separately negotiated foreign exchange contracts.
        Reuters  -  67 words
      • 46 26 Bloomberg [BERLIN] German companies raised production for a second month in January, the latest evidence that growth in Europe's largest economy is gaining momentum. Production rose 0.5 per cent from December, and 2.9 per cent from a year earlier. Bloomberg
        Bloomberg  -  46 words
    • 453 26 WASHINGTON Treasury plans to purchase up to USslb of outstanding 30-year bonds Bloomberg THE US Treasury has launched its first cash buyback of government debt in 70 years by offering to purchase up to US$l billion (551.72 billion) of outstanding 30-year bonds that
      Bloomberg  -  453 words
    • 274 26 Reuters [BERLIN] Germany withdrew Caio Koch-We-ser as its candidate to run the International Monetary Fund yesterday, and instead proposed another German, Horst Koehler, who heads the European Bank of Reconstruction and Development (EBRD). Koch-Weser, a 55-year-old deputy finance minister Washington said was too
      Reuters  -  274 words
    • 397 26 LONDON Bloomberg CABLE Wireless pic, the UK's second largest traditional phone company, is a takeover target after selling its Hongkong unit, a slow-grow-ing business partly controlled by the Chinese government, analysts said. Deutsche Telekom AG is the most likely bidder for the £36
      Bloomberg  -  397 words
    • 464 26  -  Froml Brian Gomez in Sydney THE World Bank has urged the immediate closure of Asia's second largest copper mine, the Ok Tedi coppergold mine in Papua New Guinea, because of environmental damage. World Bank officials were not available for immediate
      464 words
    • 620 27 FRANKFURT Advanced discussion on wide-ranging cooperation Bloomberg DEUTSCHE Bank AG said it's in M) talks with rival Dresdner Bank AG that could lead to a "wide-ranging" cooperation, amid speculation they will link to form a bank with assets of more than 1.3
      Bloomberg  -  620 words
    • 376 27 PEOPLE Bloomberg [NEW YORK] Citigroup Inc, the biggest US financial services company, said it agreed to pay former US Treasury Secretary Robert Rubin more than US$5O million (5586.2 million) through 2001, according to a regulatory filing. Mr Rubin, 61, who joined the
      Bloomberg; File Photo  -  376 words
    • 456 27 TOWARDS NASDAQ 6000 Reuters FT Bloomberg [NEWTON, Massachusetts] Securities and Exchange Commission chairman Arthur Levitt said on Monday that he was concerned many retail investors did not fully understand how the financial markets work and were overextending themselves. With the New York Stock Exchange and
      Reuters; FT; Bloomberg  -  456 words
    • 441 27 TOKYO Under the alliance, the companies will cooperate in marketing and production Bloomberg MITSUBISHI Motors Corp and DaimlerChrysler AG are reportedly discussing an alliance that could lead the world's fifth-largest carmaker to buy a stake in Japan's No 4 carmaker, giving it a foothold
      Bloomberg  -  441 words
    • 296 27 WASHINGTON Bloomberg A KEY congressman said federal regulators' proposal to deregulate the futures industry could jeopardise the mul-ti-trillion-dollar market for complex financial instruments known as over-the-counter derivatives. House Banking Committee chairman James Leach said a Commodity Futures Trading Commission staff proposal to deregulate the futures
      Bloomberg  -  296 words

  • Page 27 Advertisements
    • 515 27 G O H G. K. GOH HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eleventh Annual General Meeting of G. IC Goh Holdings Limited will be held at Phoenix Ballroom 11, Level 6, Hotel New Otani Singapore, 177 A River Valley Road. Singapore *****1 on
      515 words

  • FINANCE & commodities
    • 235 28  -  SOX Derivatives TnMugReports MSCI Singapore Index Daphne Tay THE Singapore stockmarket ended on a dismal note yesterday, hit by overnight falis in key US markets following Alan Greenspan's remarks calling for higher interest rates to fend off inflationary pressures. Losses were widespread with interest
      235 words
    • 192 28  -  MSCI Taiwan ftrtnres Seow Hock Hin THE Taiwan Stock Exchange Weighted Price Index rose a scant 12.16 points or 0.13 per cent to 9,380.07 from Monday's 9,367.91 finish. Active buying by state funds helped to keep stocks in positive territory despite a wave of
      192 words
    • 284 28 ENERGY REPORT Reuters [LONDON] Oil prices hit fresh nine-year peaks yesterday, lifting Brent crude to US$3O a barrel for the first time since 1991 amid continuing supply uncertainty. The April contract for Brent on the International Petroleum Exchange jumped to U5530.26, 63 US cents
      Reuters  -  284 words
    • 326 28 Reuters Bloomberg London THE US dollar held firm against the euro and was little changed against the yen early yesterday with the direction of US stock markets expected to give a lead to the foreign exchange markets, analysts said. A lower close for both the Dow Jones Industrials
      Reuters; Bloomberg  -  326 words
    • Article, Illustration
      1216 28 DfTERBAlfK CROSS RATES Mar Bwt l P« HH$ mdIsft»mt Yw mm in H8Wih Nsc s ±jgt sir is tm uss Iiifl 0 857 1231 4702 26 317 45 0,7 0649 '-756 2.295 1.251 31.315 24.706 1039 3.937 1012 10.590 22.969 0 394 0 604 cSI? 0199 o m n HIV
      1,216 words
    • 1910 28 8I00M POTURBS MW RUBBER (Mwm doling at 5.30p<n) RSS1 CONTRACTS cants/kg) Ctoso VotWM Opon •towtt Low Soft (ton—s) hrttftsl Apr 00 H6.50 200 •tor 00 117.50 50 Jun100 120.50 300 Jul/Sep 00 124.00 RSS 3 CONTRACT (US ctnts/iq) VoiwiM OpM Month High Low Sott <toww») Interest ApfOO 6L50 66J0 66.50
      1,910 words

  • STOCKS east asia
    • 2831 29 HONGKONG AFP Q Hang Seng *10(180 HONGKONG share prices rose 0.6 per cent to a record high on late buying of technology and Internet stocks, despite overnight declines on Wall Street, dealers said. Marco Mak, analyst at Tai Fook Securities, attributed
      AFP  -  2,831 words
    • Article, Illustration
      992 29 Reuters V% Shenzhen B Index +OJ4 SHENZHEN'S stocks reversed early losses to close higher yesterday as domestic institutions conducted light technical buying. But sentiment remained cautious due to jitters over market expansion amid talk the government would shortly allow a large number of domestic currency A share firms to
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  992 words
    • 332 29 AFP rIWP Index +12J6 TAIWAN share prices closed 0.1 per cent higher yesterday largely due to government support as concerns over the presidential elections continue to undermine confidence, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 12.16 points to 9,380.07, following a 1.6-per cent decline in the
      AFP  -  332 words
    • 1998 29 TOKYO AFP QHiUMiaS +147.89 SHARE prices in Tokyo closed 0.7 per cent higher on late bargain-hunting yesterday, with Mitsubishi Motors Corp enjoying a stellar rise on talk of a major alliance with DaimlerChrysler AG. The high-technology sector rebounded to lead the Nikkei 225 Index up 147.89
      AFP  -  1,998 words
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  • STOCKS klse
    • 8665 30 INDUSTRIALS Cmsmmt pnMi *000 Lift Vol Day Net Cap High Low Cl—any %tf -OOQ HH» Lew P/I |a»< If2 3 loomo, 374 unch 3 380 374 23.7 1516 J 5« 91 Angkasa 95.5 13.5 177 110 95.5 140.8 ,151 ,l?S. JPO" 0 food Ml<) 418 -10 26 426 418 10.0
      8,665 words
    • 426 30 AFX-Asia AFP CI Composite Index -ILO6 MALAYSIAN shares ended 1.2 per cent lower yesterday amid extended selling by retailers and forced-selling by brokers, dealers said. They noted little buying interest in the absence of fresh leads. The Kuala Lumpur Stock Exchange Composite Index
      AFX-Asia; AFP  -  426 words
  • Page 30 Advertisements

  • SGX clob & regional stocks
    • 2933 31 BONDS A WARRANTS Mar? m Mi M I*T M (if UOwll »1 hart Caw bar the M«k las Mm Ma CM*) 1— »—ar ta— W fcWa Hfca WM 8aartg» KM 12 t 3160 -Acar*OW731 US5 415 unch 213 44.3 44.5 44.5 45 ji 4?o m 113 IS 80 16 $3164
      2,933 words
    • Article, Illustration
      769 31 AFP PI SET Index +LOB THAI shares prices rose 0.3 per cent yesterday on a technical rebound in the banking sector amid listless general sentiment, dealers said. The SET Index closed up 1.08 points or 0.3 per cent at 380.35, off a high of 382.83 and a low of
      AFP  -  769 words
    • 268 31 AFP n Composite Index -5L58 THE Philippine Stock Exchange (PSE) Composite Index yesterday slumped 51.58 points, or 3 per cent, to end at 1,686.72. It has fallen 21 per cent from its close of 2,142.97 on Dec 29, largely due to the far-reaching implications of the BW Resources scandal.
      AFP  -  268 words
    • Article, Illustration
      621 31 AFP POmpofflte Index -3J6 INDONESIAN share prices closed 0.7 per cent weaker on the back of Wall Street's fall yesterday, but came off their lows amid a rebound in cigarette and retail stocks, dealers said. The Composite Index closed down 3.95 points or 0.70 per cent at 562.76 off
      AFP  -  621 words
    • 276 31 AFP nmSE-40 +4188 THE NZSE-40 Index rose 46.85 points to 2,026.07 on turnover worth NZ$lO7 million. Telecom Corp was finally swept up in the worldwide thirst for high-tech stocks, with its share price surging 58 NZ cents to NZ$9.lO. It was lifted by trade in the United States. —AFP
      AFP  -  276 words
    • 566 31 AFP PjAflOrtoarieß +18J AUSTRALIAN share prices ended 0.6 per cent firmer yesterday, buoyed by the resources sector, brokers said. The Australian Stock Exchange's All Ordinaries Index rose 18.9 points to 3,251.0. Turnover totalled 997.41 million stocks worth A 52.38 billion. The All Resources Index put on 18.3 points to
      AFP  -  566 words
    • 302 31 AFP C 3 Composite Index -LW THE Korea Stock Exchange Composite Index closed down 1.99 points at 907.34, off a low of 893.09. Volume was 336.8 million shares worth 3.7 trillion won.—AFP Mar 7 mm *r A nam Stmi «000 750 Brain T»ch T760 "0 Cantral Ban* 2«5 25
      AFP  -  302 words
  • Page 31 Advertisements
    • 91 31 watches are a hundred years behind the times A certain feeling unrest keeps me going. I Jon to make watckes, to improve tkem. J^^^^|flHl Tkis means tk e same standards of tecknical perfection and precision, tke aestketic clarity, /jF V tkat was attained over a kundred years ago. Tkis step
      91 words

  • 8948 32 SOXMAIHBOARP Transaction date: Mar 7 Or Or M Wt 52-Wk Last Vat Day Last Ouota CM* 04v VI* Nat Cap Avp Wffc Law StNa Ci»|HY Ut» V rooo) HHH law Bwyar 8a8ar Cw P/t $mi Prtca MULTI-INDUSTRY >82 69 m c 1000 Acma 50c 143 »3 925 147
    8,948 words
  • Page 32 Advertisements

  • Page 33 Advertisements
    • 622 33 a j» J panted Diners Club Diners Club Credit Card Where to wine, dine and entertain... *°J wb gpa»o <545 Daily happy hours; 5.00pm B.oopm (all house pour drinks at Sss+++) l Panat Performance hours: 6pm 9pm (Tue Sat) Bpm- 11pm (Sim) Live Band Performance hours: 9pm lam (Men Sat)
      622 words
    • 157 33 111 lloor I Savour local fare ind our award-winning j I Chatterbox Chicken Rice We are open 24 hours daily in case i'ou have not eaten yet. j Enquiries: 831 6291 MaMA*rin QjifijQWrr I) Orchard (cud, Singapore *****7 let: 717 4411 fM 712 216! Ka>gr>\ Foo> fare 6H\ 11H* KoircVv,
      157 words
  • Page 33 Miscellaneous
    • 977 33 f»t m -ji i i.-wm—^- 3-30 Head To Toe. ours. Kenichi Ohmae. 4.00 Smart Guy. 340 Heartbeat. 240 to 6.00 am Real-time Fi--940 Kids Central: Pip The 4«JO Cinema, Cinema, Cine- 4.40 The Colourful Melon nancial Data. Appleseed Knight. ma Garden. 940 Polka Dot Shorts. a.OO Click. 510 Sichuan Cuisine.
      977 words
    • 237 33 CBYPTIC CROSSWORD ACROSS 8 In amusing way, entreat one at a 1 Clubs here likely? (2.3,5) time (10) 6 Beef or fish (4) 11 Tunisia not end trouble in the 9 Mad French caper (7) peace force (6,7) 10 Doctor loosen Bobby up? (7) 13 Patriarch's zero-rated flow, per--12 The
      237 words

  • MONEY matters
    • 933 34  -  comment dURRENCie This applies especially to those who see the yen weakening again larry wee THE euro, sterling pound and Australian dollar continued to be the most obvious victims of US dollar strength over the week, and may even have contributed
      Source: Reuters; Source: Hypo  -  933 words
    • 753 34 But the extent of negative effects on region wffl be determined by impact on OECD growth IF US growth fails to subside by the second quarter of this year, prospects for further hikes in the Fed Funds rate will mount above and beyond
      753 words
  • Page 34 Advertisements
    • 354 34 Gear up for 10% p.a.* interest rates on your Singapore Dollar Deposit BRH|SV Pair your Slnqaport Dollar with tha Japanasa Ytn and makt your monty work harder. a Citibank Deposit you have the two world A J give you 10% p. a* interest or higher on your deposit. j 1
      354 words

  • SHIPPING TIMES
    • 139 35 Reuters Bridge News THE dry cargo freight market opened the week quietly on Monday with the exception of the panamax sector, which saw Coaco especially active for period timecharters, brokers said. Rates continued to rise both for period and trip business, with early positions in the US Gulf
      Reuters; Bridge News  -  139 words
    • 218 35 CWTMMHimilll L03 -0X13 SO OmjmHn* 0_M jneM 3355 Co*eo m«Mtnwnt—0.19 -0.01 202 FrttaM UNI* OJS 0.01 3547 Wlhitli 0.74 -0.01 26 £2 m o JlflllMwp 02C -0.01 20M MWimi 1.10 -0.01 Ml (•MMMvm* 140 -0.05 274 K«MtTM 25! -0.03 307 uihvltartM taa -0.05 m Mtfdoct 0.42 -OOe 3
      218 words
    • 456 35  -  Japan to table several proposals to fight rising piracy in Asian waters By\ Donald Urquhart [SINGAPORE] The fight against piracy in Asian waters took centrestage with the gathering of coast guard officials from over a dozen Asian countries in Singapore yesterday.
      456 words
    • 313 35  -  Thai feeder operator is first intra-Ajsian operator to offer e-commerce services Byl Ann Toh [SINGAPORE] Thai feeder operator Regional Container Lines (RCL) is to launch its e-commerce system offering shipment booking and confirmation today. RCL is the first intraAsian operator to offer e-com-merce services, following the
      313 words
    • 176 35 Bloomberg [SEOUL] South Korean shipbuilders' orders rose more than four-fold in February from a year earlier as they maintained a pricing edge over Japanese rivals. Hyundai Heavy Industries Co, Daewoo Heavy Industries Co, the world's top two shipbuilders, and other Korean shipbuilders won orders for
      Bloomberg  -  176 words
    • STRAIT talk
      • 798 36  -  There Is, In fact, a nearly comprehensive body of legislation for international shipping By Seafarer JUDGING by some recent and ill-informed attacks on the effectiveness of the International Maritime Organization (IMO) following the Erika tanker accident off France, one could assume shipping operates
        FILE PHOTO  -  798 words
    • 297 36 PAGE ECU line 6 •AW. 3 ESP Lines 13 Accord 8 6 AJvtnkiel M EoongSwi 8 Appenship 5 FrtUnks M Asia OCL 13 CLink 4 Austral 8 Gemartrans 6 Avam 14 GensJipg »3 B'tang Mas 8 0,0641 13 j Glory Nav 14 BTL M HaiSwHup 13 5
      297 words
    • 18379 43 THEBUSINESSTIMES EXPORT ETA ETA Advartlsar VMM* Voyaga Taiaphona ETA ETA Advartlsar V nul Voyaga Tt4apnona SIN Dasfn Nama Nama ,,5***'"... r n Numb f ggg m To ABIDJAN (ABJ) 2003 Cot* D'lvolro To CALCUTTA (CCU) 2062 India is/03 29/04 COSCO HEAVEN RIVER 0013* 45-*****0 15/03 21/03 Oram Ship
      18,379 words
    • SHIPS IN PORT
      • 734 49 v,ss Voy No Btrth Arrival Departure Tg Jonor 18 V200j r 'jOS 07/03/8:30 07/03/18:00 8t 0enopta2 ***** J01 07/03/840 09/03/23:59 Marco Polo 8 02/20J J17 07/03/23:00 Marcopolo 22 PRW170 J16 07/03/8:45 08/03/9:00 "*"POto 56 JM8037 J13 07/03/9:05 10/03/9:00 Bt 31)00 J01 07/03/8:05 07/03/18:00 **"<) St* 4J02 07/03/9:40 07/0V2340
        734 words
      • 1996 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To Fron AAA6MUM 385S 8/15 00 U 07/1500 07/1*59 07/1*00 Al MUTAJMM C066C WOO M 07/000 nftm 07/1900 K 07/1500 07/165* 07/1*00 2* 07/1700 06/045* 06/0*00 26 07/1700 06/065* 06/0*00 06/0700 06/115*
        1,996 words
      • 208 49 Marl 6 Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Brunei: Hari Raya Aidiladha. Mar 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). MarlS Taiwan: Market Holiday for Presidential Election. Mar 20 Japan: Vernal Equinox Day. Apr 3 Taiwan:, Women Children's Day.
        208 words
      • 814 49 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        814 words
      • 609 49 Carbon 180 Mm 992.2 0.9 16.9 0.08 75 0.05 M«r 2 Density Water Residue Ash Aluminium Sediment No above E2S 1 0 3 0 0 0 380 Ave 988 4 0.3 M.O 0.06 46 0.03 Cixaa 380 Mai 998.9 0.8 18.2 0.W 270 0.07 *6/lPi v/v
        609 words
    • AIR & LAND transport
      • 584 50 International traffic gains will be about 5.5% if economy remains strong FAA Bloomberg [WASHINGTON] US airlines' domestic passenger count will rise about 3.6 per cent annually over the next dozen years while their international traffic gains about 5.5 per cent,
        Bloomberg; FILE PHOTO  -  584 words
      • 384 50 Bloomberg [BURBANK, California] Southwest Airlines Co said the crash of a jetliner that overshot a runway while landing at Burbank Airport near Los Angeles on Sunday was the most serious accident in its 29-year history. Fifteen people, including the captain, suffered minor injuries
        Bloomberg; AP  -  384 words
      • 232 50 Reuters [SEATTLE] Striking engineers and technicians at Boeing Co on Monday turned a cold shoulder to the aerospace giant's decision to grant wage hikes from its last proposal, saying the move was a bait-and-switch tactic aimed at splitting the union. The Society of
        Reuters  -  232 words
      • 519 50 AP [BANGKOK] Like flag carrier Thai Airways International, Thailand's little-known second national airline is looking for a strategic part ner. Angel Air was licensed in 1997 and began service In September 1998, when the effects of 1997's regional economic crash were still
        AP  -  519 words
      • 1871 50 CITY RIGHT ETA FLIGHT ETO AMaM* AN8230 IMS 1 r GMngihov S0803 1910 C23S2 0835 IH6381 1905 CZ351 2045 SOWM 1015 SO230 1905 Hand **741 1310 VNS0742 0905 kmtiMm KL0843 0525 *****0 2335 SOVN175 1835 S0VK176 1035 GA975 1210 AH4328 2345 WI740 VWO K1.0*37 1535 S032>
        1,871 words
  • Page 35 Advertisements
    • 123 35 1t,,. to j./j--•isfcjfeis' h -WJp, U Si; 3;V; gigsE! Thanks to a well-considered strategy of among AfiX LOGISTICS customers all ov*r the expansion and diversification, ABX LOGISTICS is world. The concept of one-stoprshoppfng now one of the 10 most Important logistics saves our customers a <*f time. energy gj J
      123 words
    • 18 35 The Strait Talk column is in Pg 2 US domestic air tratfic forecast to rise 3.6% Back Pago
      18 words

  • Page 36 Advertisements
    • 1229 36 I NORTH AMERICA I 1 EXPORT I 1 OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPREBB DIRECT TO LOMO BBACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) visa Iwt raan itdsm uawwa mm musni amo mw MBtoorr msa vot 81 rtowmtl acuwu sawumxzo comito numu nauvßmMA jjgCawn mmutK imsii is/03 is/w
      1,229 words
    • 710 36 ECI 4 Liner 6 Pelni 6 ZmLine M Lines services represented /fflflkV by Members of the Registry of of the WlggFl/ Accredited Shipping Agerits, Singapore Logistics Association vSy S'pore National Shipping Assoc Q ULY UNE MALE Ivissa VOY ETA FWk ETA P.KUNG SPOKi MALI Princess Uly VO2OO 13/03 U/03 22/03
      710 words

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    • 1096 37 JO EUROPT# FROM EUROPE Ivissa VOY|S«RTMAMIIMHVSOUF»T UW MvBSEI VOY 1 RTM AMR HAM IRV SOU FIT L£M SI 1 NYDUKI 32JW */03 24/0) 25/03 2S/03 23/03 MX COML 0121 13/02 15/02 11/02 19/02 1/03 BM SS9W t/03 1/04 20/03 30/03 27/03 MAMMAL 3241 10/02 14/02 17/02 14/02 0/03 LAIOME S33W
      1,096 words
    • 1631 37 ®HANJIN SHIPPING fikF 1 -Mb nan HAIUM SMPfMC (S) PTi LTP b#. cm mm SAIfS 230 POQIMflfl: *****71 174 OffIWKNIS: *****5M51 MAW UK *****55 Ml 222W40 d M 11 *****0000* TO NW USA CANADA USA "H l CAMATiV [WVUTWT M« SM IMHAUI/VOT "«A IIHI I M OBf W PTT Mm
      1,631 words
    • 384 37 TBSa WT SMIWmSBH«6IEIMWS Itbsb IWT ao Ptt iTBSa TOT XT I *QW"T Q'» "/M IVO3 17/ M ISM* 6 0 Iffi W 17^8 MTCHOKIOII6 004S 12/03 14/03 0040 IS/03 H/M 71 All 24/03 24/03 rSfflfttimf IIT TtTffT Wil llflkifijflmT" WT TTP TPgl m™-—t til Ull 2_ 0041 lt/03 22/03 24/03
      384 words

  • Page 38 Advertisements
    • 1175 38 DSR SENATOR UNES TO UK/CONTINENT TOMEPTIIBBANEANCANADA wsa m i ia Ima amb how bbv fu llntMß ww on s« fob wx htm POHANGiatATOM OTIIW 17.0 MB MB 17 O M MB MH NOnCtBUTW BMIW MB *B SB BB m «M TRACB ETIMMITY MSW 18.8 KM DM MB Sin BM CHOYABB
      1,175 words
    • 783 38 Iltta MAC-NELS S'PORE M'SIA I rTTI Cvrtor. MM COKTR LINES, IMC P. OUOANQ: CT) *****26 I~JVy -»J CMMOktIMMMM *00:064)*****9 MAMLA: (632)*****24 PENAHG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KBLAHB: (03) 366M77 JKT (21)*****46 KUCHWO (062) *****1-3 MOJf MANILA MV "WAN HAI 213" V. NOB 4 MV "PIYA
      783 words
    • 595 38 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMM tTOM R SHEVA COLOMBO P KLANG CAPE CREUS V.IMW 12 MAR M MAR 21 MAR UAH CAPE CANAVERAL V.128W 1# MAR 21 MAR 02 APR MAPR TULSIOAI V.122 21 MAR MAPR MAPR II APR CAPE CREUS V.IMW 02 APR 11 APR 11 APR 22
      595 words

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    • 1790 39 IVESSeL VOV KHH HKQ SIN PKQ DXB I PMM 1 BA BIK IRAN TABATABAEI PCL-144 01/03 03/03 07/03 00/03 18/03 10/03 21/03 23/03 IRAN BATTARI PCL-148 08/03 10/03 14/03 18/03 28/03 28/03 28/03 30/03 IRAN BAAKERI PCL-148 18/03 17/03 21/03 22/03 01/04 02/04 04/04 08/04 IRAN HE&ABI PCL-147 22/03 24/03
      1,790 words
    • 986 39 NjWSiKVKi 1 jSr wir Am not I SIN/MUANftPtt, TIMMI, SMKOf I iwwi, iuumm, mio«/ai J M ROBINSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) m*x 2V, WA <* ffll SHA Htt fw W*fc US. (AST CDAST/HtAR K2l JKS? 'MB EJtftßS HUGO* AJOl3* 24/02 »/02 (H/D3 08/D3 mmmlSu J/M A/u
      986 words
    • 769 39 nmopi ixpttss sctvki EXPORT IMPORT TO E Bmi i TRANSPACIFIC SERVICE EXPORT aMBHUTAOi'MHui tirmwsn/n IMPORT VBSB "vot si in oai i*canw(AMoßnti)s4ili«» vnsE "~voy in 7u* ——<m KJ (OftNHAGfN !>C?f 12 03 "30/03 03 04 2<SkifsißHJ C&OMM 1 6«W 14/ M I 17/61 MAM m PMB 0151 .19/03 04/04 1 0/04
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  • Page 40 Advertisements
    • 1288 40 NfcS«llgSfo_ EUROPEAIKySCAHDWAVUWNtAWOifHJSHA SGP RDM ANW HS6 THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E DELUXE RW-814 11/03 SflAB 05AM 01/04 03/04 04AM K« E. REACH RE-027 17/02 19/02 18*2 20/02 22/92 12/13 IMB E. DIVINE RW-OM 18*3 M/ 04 12/07 01/ M 10/04 11/04 12/04 E. REPUTE
      1,288 words
    • 725 40 f JHfOff PACIFIC INTERNATIONAL LINES (PTE) LTD N I 140 Cecil Street #03-00 PIL Building, Singapore *****0. I I [VP» *?T pE _S«_ w sro m» n am f»t pug Ml I I I M W i« I HUB6A TttAIAl 3 107 14/3 24/1 31/3 S/4 H/4 I IW» VOT
      725 words
    • 374 40 IJUJ SO TELOK OLANGAH ROM) *02-02 OTPOBT CWTR£ rPOtt M TEL: *****11 (6 lines! FAX: *****05 TLX: RS ***** CR HO. **********0W WSSB. W ER EID OBTMTON mum iten mmam mum m. mum won earn izmam imm nmm utmt imqobd mutrsmnminam* mum nam) uozu) ismm Phsmm-inLvumum 1 For enquiries and
      374 words

  • Page 41 Advertisements
    • 389 41 i BSA a. Mft MYANMA wBBk FIVE STAR LINE (MyuHor National Um) Loading for Yangon (Rangoon) VESSEL VOY SIN m Nil HPA-AN 247W SiD SAGAING MW 22/03 MALAYSIA AGENTS: KXJSTUC SMPPMG AGCHOES MIL HI (03)2417)00 PKL TE (03) 37*4101 Kit m (04) M ***** PGU: TEL (07) *****21/4 BANK LINE
      389 words
    • 1201 41 HMNE= HYUNDAI MERCHANT MARINE CO., LTD. ivissa VOY s» I sou I LBI m»; AMTI HANI wv I ra I ivEssa VOY I SOU I 1« I ro» I AWT I HAM I wv I fa rsr EUE 559W 09/03 27/03 01/04 29/03 30/03 NOKXBAA 0121 11/02 20/02 14/02 14/02
      1,201 words
    • 716 41 vftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" fVBSi VOY I RAW NB6WT IX «AO M SAV Ml «f WC 1 NtW 1 MO» TALAIOT AHOO6 400 tw kM IT7O lt/*4 l*/*4 J|/04 23/04 25/04 26/04 28/04 02/05 06/05 TAMPERE AHOO7 4001 m 6JM JT/M 26/04
      716 words

  • Page 42 Advertisements
    • 1474 42 MOVE WITH THE TREND NOW.^— CONNECT WITH RCL NOW GOING ON UVE WITH INTERNET BOOKING AT //I'BHUMnet'K A/ICCORD shippino pte ltd 20 TOH OUAN ROAD *08-01 SINGAPORE *****9 TEL *****15 (40 UNES) FAX *****30 DIRECT ACCESS TEL *****55 (EXPORT BOOKING) *****34 (EXPORT DOC), *****39 (IMPORT) URLiHTTP://WWW.ACCORD.COM.SG Tekyo Yokohama Osaka Nagoya
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  • Page 45 Advertisements
    • 70 45 MALDIVES fS D'OCEAN LINES NATIONAL LINE =if==™ AGENCIES c 0 A D A INDIAN SUB-CONTINENT See Our Ad on rase 4 under 6 USA Seaward Shipping Agencies Pte Ltd. Page 5 Daily COLUMBUS LINE IBIFIWft Singapore Pte Ltd Look Out For Our ri x, \a/' l. k>i Schedule Every Tuesday
      70 words

  • Page 46 Advertisements
    • 81 46 1M RICKMERS -LINIE Agent Hapag-LJoyd (S) Pie Ltd -Biaakbulk -Ovenixe J 200CantoomemRoad#08-02 Soudjpoint Cargo -Container Singapore 0t9763 'Heavy-Hit £jilL„*q: 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
      81 words
    • 55 46 H9B METROPORT SNIPPING SDN BND BSQk SINOKOR MERCHANT RBli gffgll W, Ma liWMi ***** Nrt U** Uimfm M M Mar*MARINE CO LTD 1£ M)-MSlfTf/7)tt/i7SI FicMMiMMi l-wtk. w*m OiHph| pif FARWIDK SNIPPING AGENCIES PTE LTD EXPORT fat 221-M22 (S Ums) F«i: 224-1514 ML K)IT KLAN6 SIN: SIM6APOII HI6: HONG KQttO USN:
      55 words
    • 47 46 SHIPPING •WAREHOUSING Betas: Singapore Loading Daily Men «o Sa (BATAMINDOI/nn Accepting RQXxnvonanaMtaject/Heavy Lift Cargo 4 Reefer Conainei Btotaa: Singapore Loading Men. Wed AFn (BATAMINDOID Acoepang FCLOnven&onal/Project Heavy Lift Cargo Tafc 227 0322 Fax: 222 9330 f IAI- L .1 |*J VrWVOTnR| ril UV m-si ft H niwwi4
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  • Page 47 Advertisements
    • 1138 47 SHIPPING LINE LTD 72 UiM "O*- 01 3 Sl"i«P«r* *****1 MAIN WE/OUTWARD: 53? MM INWARD (WD): 437 2341 IMPORT STATUS (DID): 437 2371INVINTOCY (WDfc 437 2420 Website http://www.samud«r«.<om CI NO. 1047*******9 BOOKINGS LINE: 533 6266 (C«lio/Je»»ica/M«i Chan/Jettynn/Poro/Hanim) E2H3BESMB!SH ssigs/weekly imimbwmjmi 3 SIGS/WKKIY ivcsa VOT SIN JA> IviSSEL VOT SI ORR
      1,138 words
    • 976 47 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I PKG I S« I JKT 1 W 1 HW I H>6 I CM I xm HM I HYI I 0«F I SAY 1 Ntw 1 TAM I HOU 1 BMUMUmt 01 W/X lim »/04 U/M 22/04 W/05 28/05 24/05 27/05 31/05
      976 words
    • 673 47 EH6 lil SHIPHN6 CO FTI lIP I \|CK4 M> S3MM7S (4 Uwi) Fas: SMMM/UHHI I I Y cifci lstmoQittc I VESSEL VOT SM ETA SIN FTC DESTINATION DwDoyc 4/00 10/03 11/03 Duno Um Sib 10 4/00 10/03 10/03 Mux* OKMfutgos S/D0 11/03 12/03 Suobovc Urm SIB 22 2/00 14/03 14/03
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  • Page 48 Advertisements
    • 596 48 VESSEL VOY TIGER BRIDGE 780N 10-11AJ3 16-1& TO 24-2SG3 I TIGER METRO 781N 14-15/03 20-2303 28-29/03 I TIGER ARROW 782N 17-18V03 23-2&03 31-OW4 I TIGER RHYTHM 783N 21-22/03 27-30/03 04-0&04 I TIGER BRIDGE 784N 24-25/03 30-02/04 07-08/04 I TIGER METRO 785N 28-29/03 03-06/04 11-12/04 I IVESSE^^VrO^^SI^^CA^^SI^^I TIGER CUFF 009 08-09.-03
      596 words
    • 883 48 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: Flesindsingnet.com. *9 DIRECT CONSOLIDATION SERVICE TO •SAN JUAN, PUERTO RICO SANTOS *PIREAUS •RIO DE JANEIRO 'VALPARAISO NEW DELHI (Patparganj) DUBLIN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN •SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/*****/67/68/69/79 PROJECT SHIPMENT HEAVY LIFT CARGO Bobby Lee
      883 words
    • 1220 48 Mquiry cat *****80 Wffctrtr Imp://www.omLcmii jflf WOtTM imm BM iMtd V LB MEM NYC HOU M S MEM NYC HOli OR IB S6P OOCI iAPM 40E510 IN PT 24/03 29/03 30/03 30/03 29/03 KAMAKURA 7MM7 IS/02 1«/ D? 17/02 11/0? 23/02 12/03 KY* AJfUUtES 1«511 IS/03 31/03 05/04 04/04 04/04
      1,220 words
    • 70 48 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 08/03 09/03 PONTIANAK JUBILANT 09/03 12/03 YANGON/CALCUTTA CHAHAYA STAR 10/03 14/03 VISAK/CALCUTTA REGULAR DIRECT CONTAINER 4 BREAKBULK SERVICE TO PORT LOUIS 4 DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS 02WB 22/03 02/04 07/04 ALS ENDEAVOUR 03WB 27/04 08/05 13/05 ACCEPTING TO JOHANNESBURG
      70 words

  • Page 49 Miscellaneous
    • 120 49 LEGEND: Issued by Meteorological Service Singapore Thunderstorm Showers o Rain emperature Wind direction and speed in knots Cloudy Day Wea,her Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight, < 1 2m -■—•One half fleche represents 5 knots 1 Moderate, 1
      120 words

  • Page 50 Advertisements
    • 24 50 I I SWEET REWARD I I OF 3,000 BONUS I I WHEN YOU I I TO lIONC. KONG I I FOR ONLY $6XB. I
      24 words
    • 180 50 The undermentioned shipping lines in the Intra-Asia trade would like to inform all shippers that: For the period Ist April 2000 to 31st July 2000 (i) The Singapore Currency Factor (CAF) will remain at US$ 0/20', US$ 0/40' and US$ 0/RT (LCL and Breakbulk). (ii) The Japan YEN Appreciation Surcharge
      180 words