The Business Times, 5 September 2000

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Microfilm: NL21913
Total Pages: 74
1 74 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 TheBusinessTimes MITAp-^srT2^B9 85c I SING APORE Internet: http://business-times.asial .com.sg/ TUESDAY, SEPTEMBER 5. 2000
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  • Article
    Lock icon MARKET SUMMARY
    47 1 %MM (+29.36) wmn-m U 80.48 (+11.42) QSrUDEXFITTOBB imm (+21.00) SMSCIFOTUIES U mm (+2^o) STOCK MAUETDOHCES Monday Change KLSE COUP 74Ut -2U0 mmm—icmmi— HMIOSENC 17.72fl.17—+***** SETWDEX mm 1.71 JAKARTA COUP 47U6 +4J4 MANILA OOMP 1,832.14 TAIPHWPI 7JBKLA 880ULC0MP mm IM» CLSA CHINA B IJEtlif +WJ7 Al»TALL080__U».4«. <»■»
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  • Article
    Lock icon FINANCE
    65 1 MM US1 (JSC DM 1171 1J01 YES 1«J flit KM 19M UW BKS 7.719 4J6M BART 41.14 SUB RUP1AH Ul« 4-824 's* to 00 units PRIME BATES SINGAPORE* 5.80 KUALA LUMPUR 7J7 JAKARTA MM BANGKOK IW MANILA 11.00 HONGKONG 8.50 TAIPEI 7.84 SYDNEY AW TOKYO U9 SEOUL 9.50 ZURICH**
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  • Article
    Lock icon Flexible yuan won't hurt HK$: money chief
    745 1  -  Assessment is in response to Bering's call for detailed study of impact From* Quak Hiang Whai in Hongkong The Hongkong Monetary Authority (HKMA) said yesterday that any changes to the Chinese yuan's exchange rate would not affect the Hongkong currency, adding that a
    745 words
  • Article, Illustration
    Lock icon Tenaga shares dive over Tajuddin's departure
    530 1 Reuters Bloomberg [KUALA LUMPUR] The shares of Tenaga Nasional, Malaysia's biggest electric power company, posted their biggest decline in two years after the company named politician Jamaludin Jarjis as its new chairman, replacing a market-friendly technocrat. The state-run company's shares plunged RM1.20, or 9.8
    Reuters; Bloomberg; Source: Bloomberg  -  530 words
  • Article, Illustration
    Lock icon Analysts discount oil factor on listed transport firms
    715 1  -  exclusive Wages, not fuel costs, have more impact on the bottom line By* Christopher Tan [SINGAPORE] Near-record fuel prices now more than 35 per cent higher than a year ago will have a less dramatic impact on listed public transport companies than
    715 words
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      84 1 mauw Womad Singapore I 11\, I^Big Bp p JTTOgtv A long and lovely weekend. Pff 36 *f-£:lifers*. M BT Comment Lee Han Shih on parks, factories and warehouses. Pg 12 Top Stories JU toss the link man In Li XkvFlextronics deal Next Page '3y v; '> Indonesia, M'sia should aim
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      17 1 Vo<v.>i' !:</ I :> iiy:V:V Guide you*** aot a h«n«» |g|| "^^fSHH BMMjWWMWBp catch •c.ltituk, th« itrln I HHHHHI
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      37 1 r M r ll I w m 'umzm#* a B IQPBH Hi J •> H»s J Hk J J ■P V •< •••«<«•/•» *< > i.. '•< -V 4 ><■.'"• l JeT** A^jS»£ V- -vV Vu' v g r v *§gj Y/ a > *.>*-•.• L
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  • NEXT page
    • Article, Illustration
      Lock icon Accountants' views sought on audit exemptions
      670 2  -  -it exclusive Survey aimed at finding impact on accounting firms and benefits to companies being audited Anna Teo HOW useful and necessary is the audit of financial statements? Which are the top five statutory and regulatory burdens on businesses? And what's the impact on
      670 words
    • Article, Illustration
      Lock icon JIT boss the link man in Li Xin-Flextronics deal
      547 2  -  Congratulatory call to Tommie Goh leads to similar tie-up By Andrea Tan [SINGAPORE] The Li Xin-Flextronics deal that made newspaper headlines last Saturday began with a simple congratulatory phone call to JIT Holdings' Tommie Goh. "The whole deal started when I
      FILE PHOTOS  -  547 words
    • ON THE grapevine
      • Article
        Lock icon Anglo-Saxon to the core
        116 2 BENTLEY Motors, the other half of Rolls-Royce Motor Cars since the *****, has been commissioned to build a special carriage for Queen Elizabeth n to mark her 50th year on the throne in 2002. The unique Bentley, based on the Araage Red Label, will have an
        116 words
      • Article
        Lock icon The one with the muscle
        75 2 IN the New Economy, how do you tell who's boss? Easy if the sartorial styles at Capital Markets Co are any indication. The company, which set up an office in Singapore recently, describes itself as an organisation without rigidities. There, the boss wears the fitting
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      • Article
        Lock icon I'd rather do it myself, thank you
        90 2 IN a poll last Thursday, BT Online, the Internet edition of The Business Times, asked its readers to respond to the statement: Investment changes mean a fund manager can invest your entire CPF Ordinary Account but you only get to manage 35 per
        90 words
      • Article
        Lock icon Slithery find
        77 2 IT probably wasn't his idea of a fizzy drink. But Oana Press Trust of India reports that Gopal Das bought four bottles of soft drink from a shop in the town of Siliguri recently, only to find, to his horror, a decomposed three-inch snake inside one of the
        77 words
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      315 2 M UNIVERSITY OF fiT NATIONAL UNIVERSITY X& SOUTH AUSTRALIA MOF IRELAND "Ranked Among Australia's Best Universities" "Ranked Top 9 Business School in Europe" PhD BSc(Hons) In Business and Management bsc (Hons) information Techaojofl^^^^^ Singapore 7th Intake 28 Sept BSc (Hons) Management The first and only PhD program to successfully produce
      315 words
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      17 2 SPECIAL INTERESTS The Straits Times Classified. Avjfc Classifications 52 86. |cATJI| Buy It. M K. Find It
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      13 2 Abolishing audits, with safeguards, Pg 7 No busk of jobsfor accountants, Pg 7
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Keppel forms holding unit for financial businesses
      477 3  -  Keppel Capital Holdings will own group's bank, finance, insurance, securities units By Siow Li Sen KEPPEL Tat Lee Bank and its subsidiaries will be restructured under a financial holding company to be known as Keppel Capital Holdings Ltd (KCH) for greater efficiency and
      477 words
    • Article, Illustration
      Lock icon Parkway profit down 34% at half-time
      522 3  -  Group plans 1-for-l bonus, capital redaction and sale of 65% stake in unprofitable London hospital Andrea Tan PARKWAY Holdings yesterday reported a 34 per cent fall in interim net profit to $13.15 million, due mainly to continued red ink at its London Heart Hospital
      522 words
    • Article
      Lock icon Long wait, cold room almost led to big yawn
      385 3  -  :1 sW 13 tidbits corinne kerk ON a rainy day, there must be few places in Singapore colder than the lecture theatre in Gleneagles Hospital. Okay, the frigid five-minute ride, courtesy of the taxi's polar airconditioning, was not exactly a good
      385 words
    • Article, Illustration
      Lock icon KepLand buys Jakarta office block for 280b rupiah
      448 4  -  Building folly tenanted, offers price npside From 1 Shoeb Kagda in Jakarta SINGAPORE-BASED Keppel Land has acquired a prime office development in Indonesia Wisma BCA for 280 billion rupiah (SssB million) from the Indonesian Bank Restructuring Agency (Ibra). The acquisition is an
      448 words
    • Article, Illustration
      Lock icon Robinson favours dividend path over share buyback
      391 4  -  C&sh-rich retailer believes it's better way to return cash to shareholders Reports by Kalpana Rashiwala ROBINSON Co is adopting a more liberal dividend policy rather than a share buyback as a way to return cash to shareholders. Group chairman Michael Wong Pakshong yesterday
      391 words
    • Article, Illustration
      Lock icon Robinson sees up to $120 m sales from Raffles City
      577 4 Group also opening 10,000 sq ft John Little outlet in Sengkang ROBINSON Co expects an annual turnover of $90 million to $120 million for the two Raffles City stores it will open next March. The group also revealed it will
      SIEW YAW HOONG  -  577 words
    • Article
      Lock icon DBS Land, Pidemco brief SIAS on merger
      179 4 SECURITIES Investors Association of Singapore chief David Gerald and fellow members of the group's investor relations and corporate governance committee met DBS Land and Pidemco management last night to discuss the companies' proposed merger and measures taken to protect shareholders' interests. The private
      179 words
    • Article
      Lock icon SIA clocks year's best load factors in July, but punctuality slips
      330 4  -  By < Conrad Raj SINGAPORE Airlines had its best month so far this year in July with passenger and overall load factors hitting their highest levels for the year. The overall passenger seat factor reached 80.7 per cent, meaning
      330 words
    • Article
      Lock icon Pidemco's uphill road to 10-15% ROE
      806 4  -  \%y'i lock siew paul thompson AT a press conference held last month by DBS Land and Pidemco, we were treated to the management's vision of how the merged group hopes to see its return on equity (ROE) accelerate from a pedestrian 2.5 per cent
      806 words
    • Article, Illustration
      Lock icon Chip Eng Seng bags $205 m worth of contracts in August
      450 5  -  fl exclusive The three deals will boost its order book by 60 per cent toss4Bm By' Tay Hong Seng AUGUST was a good month for construction group Chip Eng Seng Corporation. In the final week it won three contracts
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    • Article
      Lock icon Japan owners of Sime Diamond Leasing plan to sell their stakes
      433 5  -  By Conrad Raj THE Japanese shareholders of Sime Diamond Leasing (Singapore) are planning to sell their respective stakes amounting to 70 per cent in the company which deals in leasing, car financing and block discounting. Sime Diamond executive director
      433 words
    • COMPANY Briefs
      • Article
        Lock icon Chew Eu Hook bags $32m LTA job
        96 5 AFX-Asia CHEW Eu Hock Holdings has landed a $32.45 million contract from the Land Transport Authority. Work on the construction of the proposed QueenswayCommonwealth Avenue road Interchange began last week and will be completed in February 2004. The company said it also bagged
        AFX-Asia  -  96 words
      • Article
        Lock icon Medtecs' interim gain slides 11%
        93 5 MEDICAL consumables maker Medtecs International Corp posted an 11 per cent fall in interim net earnings to US$l.5 milium (552.6 million), even though turnover rose 28 per cent to US$l9.4 million. Earnings per share fell to 0.5 US cent from 0.66 US cent while net
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    • Article
      Lock icon Construction group launches 3D home design website
      352 5 Users can virtually design and fnrnish their homes in 3D A SUBSIDIARY of listed local construction group Chip Eng Seng Corporation has launched an Internet website with "real life" 3D interiordesign capability. Raymond Chia, executive director of Chip Eng Seng and its subsidiary
      352 words
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      96 5 1111 l)<K I MJJI \l k()\. Jr mm. > «*|F •P& i r l- MS i j^jpP vr» >< L «JS5fe-, FUJI XEROX. MAKING OUR MARK AT THE OLYMPIC GAMES. One of the fastest participants at the Olympic Games is not an athlete v\ Ui i :t- .'v»'i:t r *J»M
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      480 6 aiocia vwmw Nytect 15c 25,501,000 ReedG»p5c 14.544.000 LiXin 10c 10,871.000 AirOcean 5c 9,139,000 STEngglOc 7.008,000 SingTel 15c 6,775,000 JTechGrp4c 6,079,000 GES Intt Ud 20c 8,068,000 AJigrean50c 5,836,000 SemtoCorp»25c 5,382.000 Stock* I DBSQrp *****,406 SIA 27,749,713 DatacraftlOc 18,867,355 SingTel 15c 18,600,530 JSH US5c 500 18,456,921 OCBC *****560 STEngg 10c 17,215,592 UOB
      480 words
    • Article, Illustration
      Lock icon Selective buying sends STI to best close in nearly 2 weeks
      538 6  -  -i i comment STOCKS ven sreenivasan THE Straits Times Index closed at its highest level in almost two weeks yesterday on selective buying of blue chips. Gains by a handful of component stocks led by Singapore Press Holdings helped
      538 words
    • Article, Illustration
      Lock icon Flextech warrant: numbers show it is too costly
      168 6  -  WARRANT WATCH By Ven Sreenivasan FLEXTECH Holdings warrants were among the top percentage gainers yesterday, rising seven cents or 16.3 per cent to 50 cents. But the rise was on thin volume of 14,000 units. At the same time, the underlying stock
      168 words
    • Article, Illustration
      Lock icon Prospects not bright for Allgreen
      227 6  -  HOT STOCK By Ven Sreenivasan THE stock of Allgreen Properties, the listed property arm of Hongkong-based tycoon Robert Kuok, has been on an uptrend since May. It rose nine cents or 6.5 per cent yesterday to $1.48 its highest level since early January on 5.6
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    • Article
      Lock icon Market Notices
      161 6 I vj; a ♦ALEXANDRA Holdings will hold its AGM at 8 Sin Ming Road, #01-01, Sin Ming Centre, on Sept 18 at 12 noon ♦Multi-Chem will trade ex-interim dividend of $0.0025 per share on Sept 26. The book closure date is Sept 29 and the date payable is
      161 words
    • Article
      Lock icon US dollar slips to 2-month low against yen on weak US jobs data
      316 6 AFP [TOKYO] The US dollar slipped to a twomonth low against the yen yesterday after the US economy posted its sharpest monthly loss of payroll jobs in more than nine years. The weak data, which indicated slowing
      AFP  -  316 words
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      176 6 0 a#(b ©BTRO N I C S HWn I HEART OF ASIA'S IB >> lO frX I /\'l I*X CM INDUSTRY WORLD'S 3RD LARGEST I ELECTRONICS MANUFACTURING EXHIBITION H Bring your mind to the Heart of Asia's Electronics Manufacturing Industry where you will be in the company of other leading
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      Lock icon Page 6 Advertisements Column 2
      101 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompany rg *he prospectus Investors must -eaa ttie p'aspect us The value of the units and the from them may fall as wel las use S3ll ">StW Jk*. m tr«< *.m
      101 words
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  • AUDITING changes
    • Article, Illustration
      Lock icon Abolishing audits, with some safeguards
      711 7  -  While Singapore auditors are only just bracing themselves for the day, audit exemption for private limited companies has a long history in countries like the US and UK Reports by. Anna Teo SIX years ago, just prior to the abolition of the statutory audit for
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    • Article, Illustration
      Lock icon Accountants will have no lack of jobs: consultant
      469 7 With their specialist training, auditors can build on many other areas THE future is not all bleak for local accounting firms, even if Singapore abolishes the statutory audit for private companies, says accountant R Chockalingam. There are many opportunities and business areas
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  • Page 7 Advertisements
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      14 7 Buy It. Sell It. Find It. Classified. ygf Call Today For Results Tomorrow. 1800-737-1166
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      Lock icon Page 7 Advertisements Column 2
      244 7 Regus is changing the way people work by providing fully furnished. staffed and equipped offices on flexible terms. Your company can be I operational within 24 hours. in Singapore or over 350 centres I worldwide Complete infrastructure. leading edge technology and efficient I services, tailor made to your changing A
      244 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Property take-up rises to 40% after Ghost Month
      614 8  -  Mixed results as Caribbean sells about 50 units, Riverv&le Crest 91 and Pavilion Park 32 By Kalpana Rashiwala PROPERTY projects launched last week after the end of Hungry Ghost turned in mixed results. But the take-up rate was at least 40 per
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    • Article
      Lock icon Taiwan Tele-Shop unit partners StarHub
      309 8  -  By] Daniel Buenos THE Tele-World Shop Pte Ltd, a subsidiary of Taiwan Tele-Shop, yesterday announced Star Hub as its exclusive network service provider. The mobile phone distributor said it would make an initial investment of $3 million and hopes to achieve a 40 per cent
      309 words
    • Article, Illustration
      Lock icon Consultancy Capital Markets opens S'pore office
      439 8  -  LimChoo Peng co-runs firm, which is regional office too By\ Siow Li Sen HOW does yet another consultant differentiate itself from the McKinseys and Andersen Consultings in the world of solutions providers? According to Rob Heyvaert, founder of Capital Markets Company, it's by having
      CHRIS LOH  -  439 words
    • Article, Illustration
      Lock icon Being a journalist is more fulfilling, says SPH medallist
      316 8  -  BT reporter among those honoured at convocation By] Marissa Chew SCHOOL was fine but work is better, says Serena Ng, a BT journalist and winner of this year's Singapore Press Holdings Gold Medal for top journalism and publishing student at Nanyang
      CHRIS LOH  -  316 words
    • Article
      Lock icon Shell S'pore raises crude output in Sept
      377 8 Reuters SHELL Singapore, a unit of the Royal Dutch/Shell Group, yesterday said it would increase crude runs at its Bukom refinery to an average of 34,000 tonnes per day (tpd) in September. Shell ran at an average of 32,000 tpd in August. Its
      Reuters  -  377 words
    • Article
      Lock icon All CK Tang stores to be closed on Thursday
      188 8 ALL stores run by CK Tang Ltd will be closed on Thursday as a mark of respect to the company's founder, who died on Sunday. The closure will affect the main Tangs Department Store in Orchard Road, the two Tangs Studio
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    • Article, Illustration
      Lock icon DBS sees higher 8.5-8.75% growth
      264 8  -  3 on the economy gdp By, Anna Teo DBS Bank's economic research division has raised its forecast of Singapore's 2000 GDP growth to 8.58.75 per cent, citing strong underlying growth momentum and the confluence of several positive factors in the near term. That's a hefty
      Source: OBC  -  264 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Small investors may end up paying more
      518 9  -  Tan Keng Soon I REFER to recent letters on stockbroking commissions, such as the one from Tay Teck Chye (Remisiers should work to earn their fees, BT, Sept 1). 1 would like to point out that in a free market, brokers have the
      FILE PHOTO  -  518 words
    • Article
      Lock icon UOB Asia will gain goodwill if it buys back shares
      130 9  -  Denis Distant I REFER to the letter "Case for UOB Asia to buy back eWOS shares?" from Daniel Soh (Mailbag, Aug 31)— and find it not too far-fetched a suggestion. Since UOB Asia had sufficient confidence in the company's future
      130 words
    • Article
      Lock icon Why such hefty performance fee for OCBC fund?
      261 9  -  Lim Boon Han I REFER to your article "New funds in town OCBC Capital Guaranteed Fund" (BT, Aug 25). I notice that the fund is charging a performance fee of 25 per cent of the excess return above the fund's performance benchmark.
      261 words
  • Page 9 Advertisements
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      87 9 Mto welcome totters. E-mail ua at 733tt1^^twT^BuatMSi^ Hlepliona numb*, w RcM»tromyomPh**uM^^* tomparutebnguage, and bear In mind Uhl law*. We reeerve the right looking for butineM Opportunitieai g 4 b a It* BVaVWVVWiMIMi^H FRANCHISINC2OOO I 20-22 Stpt*mb«r 2000 Singapore International Convention Exhibition |NC2 OOO 200 participants from over International 1 8
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      94 9 i r% Skywards, Emirates' new frequent flyer programme offers a range of benefits including Skywards Miles redeemable for flights and upgrades. And of course, thanks to the famous in-flight service, gourmet cuisine and non-stop entertainment flying Emirates is something of a reward in itself. To enrol in Skywards, visit www.skywards.com
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      179 11 {JDELCOME TO SINGAPORE AIRLINES NEW SILVER KRIS LOUNGE. From the moment you step into the new Silver Kris > Lounge at Singapore Changi Airport, you'll encounter a world of comfort. We have created a relaxed and elegant atmosphere, for our First and Raffles Class passengers, tailored to make your journey
      179 words
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  • FOCUS property
    • Article, Illustration
      Lock icon So much land for golf courses?
      748 12  -  —UKiInliiMiia PROPERTY Public actually has wider choices In Concept Plan review lee han shih TWO Saturdays ago, Singaporeans were presented with a stark choice. They were told the country would soon rim out of space and they must choose through proxy—either to allocate more
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    • Article
      Lock icon Think of new basis to charge rent
      540 12  -  Sales per sq ft model is becoming irrelevant: don By\ Marissa Chew THE age of e-commerce is nigh and landlords will have to think about new basis of charging rent for their malls as the traditional model of sales per sq ft becomes
      540 words
  • Page 12 Advertisements
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      458 12 DBS SECURITIES BUILDING 22 Malacca Street (Raffles Place) Existing 16-storey office building with a basement x Next to Raffles Place MRT 11 Interchange station Gross Floor Area 84,077 sf (approx.) mmmm rr ~i Lettable Area 59,083 sf (approx.) Tenure 999 years |Af mSmm Redevelopment Potential of up to BHKfIW Sept
      458 words
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      125 12 [Your Buys Morel I In New Zealand I I Auckland Commercial Property Collection II II $Im-s2om price range H John Goddard (Sales Director NZ) will be in HI Singapore from 11th to 13th September 2000. II Ring John Goddard H ■■■■HHH direct on 64-21-*****6 or HI Colliers Jardine Singapore HI
      125 words
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      Lock icon Page 12 Advertisements Column 3
      120 12 5-Storey Detached Factory at No. 9 Bukit Batok St 22 5-storcy detached factory with ancillary officc and a basement carpark Land area: Approx. 67,400 sf Gross floor area: Approx. 157,440 sf HDB leasehold 50+30 years from 1 Feb 1993 Excellent as corporate headquarters llOftDebenhamS Since 1975 our worldwide staff of
      120 words
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      65 13 TOMORROW o %vill honour THREE O DISTINGUISHED c 0 o companies o The "DBS-TDB Millennium Trade Award a symbol of prestige, recognises three distinguished companies for their pioneering spirit, vision and faith in Singapore. Through their fortitude and courage, these companies have helped to develop Singapore into a global city
      65 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Pension bomb ticking away in Asean
      671 14  -  I! 14 bottom line OPINION mukul asher The writer is a professor of economics at the National University of Singapore WITH populations ageing throughout the region, South-east Asian countries badly need government pension reform. But they also need to ensure that the bill for
      671 words
    • Article
      Lock icon IN OTHER WORDS
      130 14 'Ninety per cent of what we hear is just hype, and 99 per cent of the buyers don't know how to distinguish between truth and fiction.' Charles Engelberg an oncologist who analyses healthcare stocks at an investment banking firm, on biotech companies. There's a lot of selling
      130 words
    • Article
      Lock icon New rulebook for the New Economy
      597 14 EDITORIAL ITS one thing to review regulations; governments do it ail the time. But the recent update on regulatory changes by Deputy Prime Minister Tony Tan are of a different order altogether. For businesses here, it's also a chance to help the government help
      597 words
    • Article, Illustration
      Lock icon Globalisation splitting into three blocs
      999 14  -  A world of three economic and currency blocs could be a harbinger of a world of new antagonisms By] Robert A Manning The writer, a senior fellow and director of Asian studies at the Council on Foreign Relations, is author of the forthcoming 'The Asian
      Los Angeles Times; REUTERS  -  999 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      779 14 PtH'Vttnrtftn ftf fHjftfiftft TO say that looks don't matter would be naive. But the scientists studying the human genome are convinced that race doesn't matter. And that finding it is as intriguing and encouraging as being able to say that looks don't matter. "Race is a
      AP  -  779 words
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  • MALAYSIA news
    • Article
      Lock icon Danamodal expects to finish bank recap task by year-end
      231 15 KUALA LUMPUR AFTER two years of its creation, Malaysia's recapitalisation agency Danamodal Nasional Bhd expects to complete its task by the end of this year. According to Malaysian Business Times, banking sources revealed the year-end date is Danamodal's internal target, which
      231 words
    • Article, Illustration
      Lock icon Mahathir rules out lifting ban on ringgit trading
      347 15 KUALA LUMPUR Malaysia will lift ban only if International Monetary Fund stops people from trading currency, he says AP PRIME Minister Mahathir Mohamad has said that the ban on trading of Malaysia's currency will only be lifted if the International Monetary Fund
      AP  -  347 words
    • MALAYSIA Briefs
      • Article
        Lock icon Telekom tumbles 10 sen on poor results
        58 15 Bloomberg LARGE-CAPITALISED companies fell after some of them reported earnings that disappointed investors. Telekom Malaysia Bhd fell 10 sen, <*r one per cent, to RM9.80. It fell 10 per cent In the past twottays after it reported a 46 per cent drop in
        Bloomberg  -  58 words
      • Article
        Lock icon Banki down on fears of low pricing
        65 15 Bloomberg BANKS fell on concern some large lenaers sucn as AMMB Holding* Bhd are being priced too low at part of government-mandated merger agreements signed last week. AMMB Holdings Bhd, which is telling its assets below their market value as part of its
        Bloomberg  -  65 words
      • Article
        Lock icon Magnum shot down
        51 15 Bloomberg MAGNUM Corp, Malaysia's largest lottery operator, fell eight sen, or 3.4 per cent, to RM2.28, extending a 2US per cent drop in the past two days. Magnum's profit for the six months ended June 30, this year, fell 30 per cent to RMI62 million (Ss73 million).
        Bloomberg  -  51 words
      • Article
        Lock icon MbF Capital tumbles as losses worsen
        87 15 Bloomberg MBF Capital Bhd fell 2.5 sen, or 8 J per cent, to 27.5 sen after its loss widened to RM24S million (Still million) for the six months to June, 2000, from RM77 million a year earlier. It made a RMI94 million provision for
        Bloomberg  -  87 words
      • Article
        Lock icon Sime rises 12 sen on strong results
        43 15 Bloomberg SIME Darby Bhd rose 12 sen, or 2.8 per cent, to RM4.88. I The stock rose one per cent on Friday after the company reported hifher-than-eocpected fall year earnings of RM7BB.fi million (SBB4B million). —Bloomberg
        Bloomberg  -  43 words
    • Article, Illustration
      Lock icon Tanjung Pelepas jump-starts Phase 2 of expansion
      573 15 Work to build another 3-6 berths nnder the second phase will start as early as next year or in 2002, says CEO Mohd Sidik MALAYSIA'S Port of Tanjung Pelepas (PTP), whose avowed goal is to challenge Singapore's long-stand-ing status as the main transhipment
      FILE PHOTO  -  573 words
    • Article
      Lock icon Arab-M'sian to retain control after merger
      198 15 KUALALUMPUR It may control over 75% under deal with Utama, says report AFX-Asia THE Arab-Malaysian group will retain control of the company which will be formed to take over the banking units of Arab-Malaysian and Utama Banking Group Bhd under their merger deal, the
      AFX-Asia  -  198 words
    • Article
      Lock icon M'sian stocks may end year over 20% higher
      522 15 KUALA LUMPUR Fond managers pin hopes on an expected cut in 10% exit levy Bloomberg MALAYSIA'S key stock index, the region's second worst performer in the past three months, could rally 21 per cent by the end of the year as the
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      16 15 TRAVEL GUIDE The Straits Times Classified. Classifications 573 587. [cSj Buy k. S«« h. Ftnd k.
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      141 15 A New Experience For A World Class Business Environment mLrnmvrnm An ISO certified company K&E Singapore Pte Ltd Corporate Sales Division Tel :(6 5)8 4 1 38 17 Fax :(65)742 3848 e-mail: besller#slngnet.com.sg 48 Kaki Bukit Industrial Terrace. Singapore *****8 Ergonomlc Butinatt Furnltun Ergosystem Ergotec Eco-Oesking Eco-Storage UnnDesking Office Sooting
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  • REGIONAL news
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      Lock icon Thailand's bad loans hit two-year low in July
      665 17 BANGKOK Bnt the pace of debt restructuring slows down because of legal problems Bloomberg THAI bad loans fell to their lowest level in more than two years as an expanding economy and debt rescheduling agreements improved the quality of bank credit, which
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      Lock icon Call for Ma expansion to cover NZ, Australia
      185 17 KUALA LUMPUR AFP A FURTHER expansion of the planned Asean Free Trade Agreement (Afta) to cover New Zealand and Australia would benefit both sides, New Zealand Trade Negotiations Minister Jim Sutton said yesterday. A task force set up last year between the
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      Lock icon Rupiah up on hopes of US$400m IMF loan
      557 17 JAKARTA Revised agreement may be signed on Thursday, says IMF official Bloomberg THE rupiah rose against the US dollar after Anoop Singh, the IMF's deputy director for Asia and the Pacific, said he hoped the IMF's executive board will grant a US$4OO
      Bloomberg; AP  -  557 words
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      Lock icon Ibra set to sign assets deals with many banks
      522 17 JAKARTA Reuters THE Indonesian Bank Restructuring Agency (Ibra) said it would sign deals with several banks later yesterday to take over corporate loans that have been restructured by the agency. "Some of them are (to be taken over l>y) BCA and
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      Lock icon Semen Cibinong feels heat over missing millions
      629 17 JAKARTA Illegal for Indons to park funds Vanuatu official Bloomberg THE case of PT Semen Cibinong's missing US$25O million (Ss43o million) just got murkier. Indonesia's third-biggest cement maker has been making claims and counter claims about the money, most recently saying it was
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      Lock icon Olympic branding
      44 21 [GOLD COAST] Britain's Olympic hopeful for the2oom breaststroke Jamie King revealing an Olympic rings tattoo on her thigh at an open training session on the Gold Coast in Australia. Most of the British team have arrived in Australia for the Olympics. REUTERS
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    • Article
      Lock icon China urged to cut stamp duty on stocks
      447 21 SHANGHAI Reuters CHINA should cut the stamp duty on stock trading to boost liquidity in its share markets, which are already Asia's top performers this year, analysts said yesterday. Some analysts said they expected the stamp duty on trading of domestic A
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      Lock icon HSBC among 4 chosen to handle HK pension fund
      284 21 HONGKONG The plan starting in Dec will attract contributions of HKslob in first year Bloomberg HSBC Holdings pic, its Hang Seng Bank Ltd unit, Schroder Investment Management and AXA China Region were chosen to manage pension funds for Hongkong's 29,000 government
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        Lock icon Quanta Computer to build China plant
        66 21 Bloomberg [TAIPEI] Taiwan's Quanta Computer said it plans to build a computer parts plant in China for an undisclosed amount of money. The company will apply for permission from the Taiwan government to make computer motherboards in China, the Economic Daily News reported. Taipei
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      • Article
        Lock icon Emperor Groap plans casino in N Korea
        67 21 AFP [HONGKONG] Hongkong-based Emperor Group, chaired by entertainment tycoon Albert Yeung, will open a hotel and casino complex in North Korea next month, the firm said yesterday. The group will stage a grand opening ceremony on Oct 17. The luxury complex is located
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        Lock icon Fnbon Group in talks with Equitable PCI
        68 21 AFX-Asia [MANILA] The Fubon group is in talks with Equitable PCI Bank over a possible acquisition of a substantial stake in the bank, the Philippine Daily Inquirer reported. It quoted unidentified sources as saying the Fubon group is interested in buying the 34
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      Lock icon China may allow insurers to offer fund management
      436 22 BEIJING CSRC official said insurers may also be allowed into bond, currency markets FT CHINA is considering whether to let insurance companies set up fund management arms, in a sign that the strict regulatory barriers between banking, insurance and securities industries may
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    • Article
      Lock icon First Pacific's operating profit falls 34% in H1
      656 22 HONGKONG Bloomberg FIRST Pacific Co said yesterday operating profit fell 34 per cent in the first half as phone and property sales slid and currencies in its main Asian markets tumbled against the US dollar. First Pacific, controlled by Salim Group of
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      Lock icon Delhi may allow banks to up stock investments
      299 22 BOMBAY Recommendation of 10 times current levels drives stock market np 18% or 125 points AFP Bloomberg INDIA'S central bank said an internal committee wants it to permit banks to raise their investments in stocks and mutual funds to 10 times current
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      200 17 You've found a way to succeed. Now learn to find another. of Michigan Business School ti find solatloos to year but licit problems has 75 jroart af history top bulaoss executives Singapore Strategic Planning and Implementation October 23-27, 2000 Strategic Marketing Planning February 19 23, 2001 Finance for the Non-financial
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      103 18 Asia's new one-stop investment site has all the tools you need to make smarter investment decisions. Brought to you by SPH Asia One and The Business Times, it gives you credible and up-to-the-minute information on stocks, futures, funds, commodities and currencies. E 5 linniii ntr You can check real-time stock
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  • e-NEWS
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      Lock icon T-online to buy Spain's Ya.com for 550m euros
      471 19 FRANKFURT Move by Europe's largest ISP follows collapse of earlier talks to buy Freeserve, criticism it has been slow to expand globally Reuters Bloomberg GERMAN Internet service provider (ISP) TOnline AG said yesterday it had agreed to acquire Spanish portal company Ya.com
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      Lock icon Goldman plans late trade with Japan Net brokers
      344 19 TOKYO Initial hours will be from spm to Bpm and then extended to midnight by year-end Reuters US investment bank Goldman Sachs Group will start night-hour market-making of Japanese equities in the coming months by joining hands with several Internet brokers. The
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    • Article
      Lock icon WorldCom in talks to acquire Intermedia for US$3b
      285 19 NEW YORK Target's crown jewel is 54% stake in web-hosting company Digex NYT THE World Com Corp is in advanced talks to acquire Intermedia Communications Inc, a telecommunications operator, for almost US$3 billion (555.16 billion) in cash and stock, according to executives
      NYT  -  285 words
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      Lock icon C&W plans to sell HK$15b of CyberWorks shares by Nov
      484 20 LONDON That amounts to 4J% of CyberWorks, out of C6Ws total interest of 20.2% Bloomberg AFP CABLE Wireless pic plans to sell 4.9 per cent of Pacific Century CyberWorks' shares that it obtained as part of payment for its Hongkong
      Bloomberg; AFP  -  484 words
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      Lock icon China allows foreigners to bid in first-ever dotcom auction
      441 20 BEIJING Sept 29 sale will mainly involve private firms needing funds AFP CHINA will allow foreign investors to bid in its first-ever auction of Web content, Internet technologies and entire dotcoms, state media reported yesterday. Despite strict rules limiting foreign investment
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    • Article
      Lock icon Microsoft ordered to pay ex-staff A$14m for unfair dismissal
      477 20 SYDNEY Bloomberg MICROSOFT Corp must pay some Asl4 million (5513.8 million) to a former Australian employee who was fired via an e-mail message and denied share options in the world's largest software maker, a court ruled. The New South Wales state
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      Lock icon Tech business is still in place, says Sino Land
      507 20  -  Official refutes media report, says only change is that the CEO has qnit From Quak Hiang Whai in Hongkong SINO land's technology business is very much in place and the group would continue to invest in quality technology projects, a Sino
      507 words
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      Lock icon Yahoo to buy minority stake in Mingpao.com of HK
      398 20 HONGKONG Bloomberg [HONG KONGJ Yahoo! Inc, the world's No 1 Internet search service, will pay more than HKIIOO million (Ss22 million) for a minority stake in Mingpao.com Holdings Ltd, an online venture owned by Hongkong newspaper publisher Ming Pao Enterprise Corp,
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      Lock icon DiGi.Com, Yahoo in WAP service tie-up
      274 20 KUALA LUMPUR Bloomberg DIGI.COM Bhd, Malaysia's third-largest cellular phone operator, has linked up with Yahoo! Asia as part of a plan to offer Web access via mobile phones by year-end as it tries to catch up with its rivals. Technology Resources Industries Bhd and
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      46 19 SIEMENS Combining 2nd generation Internet with the latest mobile solutions plus the latest e-business solutions, equals state of the art networks, devices and services, all from the same source. Worldwide only Siemens can make it all add up. See how your business can profit at: www.siemens.com/mobile-business
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      91 20 Budget. a car kkW HB And you will find them waiting for your WV call at 742 0119. Or feel free to approach IT I V V our friendly staff at Budget counters at |1 II W Übi Road and Changi Airport Terminal 1. I II They will be happy
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      46 21 I I I sruma '^9 I H I |l HEADLINES SENT TO H IMmmmm H Using the global resources of leading news services, Star Hub iPower gives you the power to stay up to date anywhere, anytime. Call 1800-STARHUB (1800-782 7482) or visit www.starhub.com.sg today. SfaClfHub
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      13 21 BHV MM T MBM o 0) </) (See next page) C > 1 TV e-husiness
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      354 22 ir i Wf! MyjjjjjEl p 1 Kt jffiMMFlTif Jl' f'i i' fee- /j* 5 OCTOBER 2000. SHANGRI-LA HOTEL TV Market! ng^ 1U Paradigm m Ii e Knowledge Economy I lie advent ol new media .mkl iK'twoik Topic Speaker v A technologies ill .ill information based. Keynote Address l)r Tan Chin
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      114 22 UNITED INDUSTRIAL CORPORATOR LWTED (Incorporated in tne Republic of Singapore) LOST CERTIFICATES Application has been made to the Directors of the abovenamed Company to issue dupicate certificates m place of the fallowing certificates «»hich have been reported tost or destroyed:CerHficateNo Name No of Shares oft 1.00 each *****41E Tin Lun
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  • WORLD news
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      Lock icon DaimlerChrysler to get bigger stake in Mitsubishi
      513 23  -  Renegotiations in wake of Japanese firm's cover-up scandal conld result in 40% stake and fourth beard seat From. Anthony Rowley m Tblcyo DAIMLERCHRYSLER AG is expected to announce today an Increase from 34 per cent to 40 per cent in the stake it
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      Lock icon Wall St analysts bullish as rate fears recede
      441 24 NEW YORK Reuters SOME on Wall Street believe the late summer rally will gain ground beyond this week and may race sharply higher this month, on the perception that interest rates have reached their peak. Analysts say the late summer rally, although
      Reuters  -  441 words
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      Lock icon Al Gore scores strong lead in polls
      694 24  -  Vice-president ahead in states carrying 200 electoral votes, ont of 270 needed From] Leon Hadar in Washington AS the US presidential election campaign enters its final two-month stretch, Democratic candidate A 1 Gore seems to be building up a strong lead in the
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    • Article
      Lock icon NAB feces price-fixing charge
      341 24 SYDNEY Agreement among various banks on the level of credit card interchange fees cited AFP Bloomberg AUSTRALIA'S consumer watchdog yesterday launched legal proceedings against the country's biggest bank, National Australia Bank (NAB), for alleged price-fixing of its credit card fees. The Australian Competition and Consumer Commission
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      Lock icon Taxing the WTO to the limit
      498 24 US and Europe must look beyond petty grudge fights and parochial concerns to the broader interests of the global trade system. Or they risk mortally wounding the body too FT TRADE conflicts between the US and the European Union are nothing new. But none
      FT  -  498 words
    • Article
      Lock icon Indonesia, M'sia should aim for fixed exchange rates: Mundell
      774 26  -  Nobel laureate calls for currency board-type arrangements Reports by 1 Vikram Khanna INDONESIA and Malaysia should move towards adopting fixed exchange rates under currency board-type arrangements, last year's Nobel Prize winner in economics, Robert Mundell said yesterday. Prof Mundell, who teaches
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      Lock icon One currency for US, EU, Japan: don
      603 26 Asia, too, should have a common currency, says the Nobel Laureate THE US, the European Union and Japan should have a monetary union, and eventually a common currency, which could form the backbone of a single global currency, Nobel Laureate in Economics Robert
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      Lock icon Asia Monetary Fund idea is still alive, says Japan
      411 26 TOKYO Reuters JAPAN yesterday said it has not dropped the idea of creating a once-criticised Asia Monetary Fund (AMF), but for now will focus on enhancing a currency safety net agreed by 13 Asian nations. "We should not give up the
      Reuters  -  411 words
    • Article
      Lock icon Softbank deal thrusts Nippon Credit into new banking era
      233 26 TOKYO Reuters STATE-CONTROLLED Nip pon Credit Bank (NCB) completed the approval process for its sale to investors led by Internet investor Softbank Corp yesterday, closing a chapter in Japan's decadelong asset bubble debacle. Now under new management, the reborn bank, to
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      Lock icon Euronext enlists banks to bid for LSE: report
      230 26 PARIS Reuters THE Euronext group of stock exchanges has enlisted four banks and may seek a partner to help mount a counterbid for the London Stock Exchange (LSE), French newspaper Le Figaro said yesterday. Citing unnamed sources, the newspaper said the Paris,
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      117 23 n-wu a I knowledfje Buyers and sellers of Asian businesses can now meet online at growasia.com and explore a world of business opportunities. Backed by the collective regional resources of the Crosby Group, Overseas Union Bank and G.K.Goh, growasia.com is Asia's first company enabling the interactive purchase, sale and development
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      11 23 7 o O ISSSS o o 111 (See next page) e-business
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      1431 24 11l ROLY INTERNATIONAL HOLDINGS LTD. (Incorporated in Bermuda with limited liability) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 2000 Annual General Meeting of the Company will be held at 9 Scotts Road, #07-01, Pacific Plaza, Singapore *****0 on Thursday, 28 September 2000 at 2.30 p.m. to
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      57 25 I see the future of my dot com. I I see I'll need some software. I I see I'll need some hardware. I I see I'll need some training. I I see two of them are free right now from IBM. I fortune teller TM > vjfaf'ttf''-" Aw 1»1 www
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      940 26 NORTH 22 TECHNOLOGY SERVICES GROUP LIMITED Notice of Anoual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of North 22 Technology Services Group Limited ("the Company*) will be held at Pink Peony Room (Tower Wing, Mezzanine Level), Shangri-La Hotel, 22 Orange Grove Road, Singapore *****0 on Thursday,
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  • FINANCE & commodities
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      Lock icon SIT contract fails to breach 2,200-level
      344 27  -  SQX Derivatives TnUUngßeports ST IndeY/MSClS'pore Index Chan Yet San THE Singapore stock market rose for the second day yesterday on the strength of the financial sector. The Straits Times Index rose 29.36 points or 1.36 per cent to close at 2,190.06 points. Within the
      344 words
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      Lock icon September contract trades in small range
      251 27  -  BISCI Taiwan Index Chan Yet San THE Taiwan stock market continued its rebound after Saturday's 3.55 per cent rise with another positive day yesterday. The MSCI Taiwan Index rose by 3.33 points or 0.98 per cent to close at 342.47 points. A total of
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      Lock icon Oil prices continue to climb
      169 27 HHHROT REPORT Reuters [LONDON] Overheated oil markets roared higher yesterday as dealers grew convinced that any Opec supply increase agreed at an imminent policy meeting would faU to tame runaway prices. London Brent crude for October had moved 61 US cents higher by mid-after-noon to
      Reuters  -  169 words
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      Lock icon CURRENCY REPORT
      325 27 Reuters London THE euro set one-week peaks against the dollar yesterday bolstered after recent US data suggested a slowdown in the US economy and a narrowing of the differential between US and euro zone interest rates. It had pared some of its gains amid thin trading volumes due
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      Lock icon Untitled
      1103 27 DTTHEBAMl CROSS RATES Seg4 it CS 0«fc faw Ftr 0« 88 frn 9m 1 MZSNfctl Hw H Mat 9k K Oa* Hmt 1 0.848 478 0339 485 US MN ***** 47J70 0J8 6561 2.89 LSI JI*****094 1992 4005 1993 17J95 ***** 0294 ftJK CM 1179 5.637 0.754 4.946 L475 5297
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      Lock icon Untitled
      1502 27 S1C0M FUTURES Sep 4 I*K1 WwwdwN*«ISJ6|ei ISS1 CONTRACTS onhAq) Ckm Mm Opn Matt in M> (Mmm) Monot Oct 00 IBM No* 00 ULT5 OK 00 m00 Jan/Mar OO! B125 RSS 3 CONTRACT (US amta/ty Mw Jg» Oct 00 MJ5 1 Ft* Nov 00 tU5 <SM 4U5 «S0 MS0 Dec 00
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      113 28 4 J l*afc£ 'Ak ipp? m*j Your business without VISP CBr£ 9Jr-**'A M$ K3i p •>- IHr^ i Is££- ST^r 1 IKK <&*• ii& With Hitachi ASP your business can speed ahead. software installed in our data centre through the Internet, resource and payroll. 2) core HITACHI is committed to
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      132 29 HITACHI Inspire the Next 1 p irlH' tes- HV S^BI :JP HI it^H( I m Bp I I i^m V i. ft#' 11 v|g m Your business with Hitachi ASP t hi m jfS&z/^ t' 3 fc|/ Sk K v* ft" 5 ?jgs t rap m' lPr( ltre through the
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  • STOCKS east asia
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      Lock icon Hang Seng gains 2.3% as US interest rate fears ease
      2837 30 HMHKOMO AFP pjHangSens +392-56 HONGKONG share prices surged 2.3 per cent yesterday as fears eased of farther US interest rate hikes this year, dealers said. The key Hang Seng Index gained 392.56 points to close at 17,726.17 points on a
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      Lock icon Nikkei down as investors stay on sidelines
      1993 30 TOKYO AFP Q Nikkei 22S -5L57 SHARE prices in Tokyo dipped 0.3 per cent yesterday as the expiry of futures and options contracts at the end of the week sidelined investors, brokers said. The Tokyo Stock Exchange's Nikkei--225 index closed down 51.57 points
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      Lock icon CHINA
      1009 30 AFP FlShenihßißlndg *188 CHINA'S hard currency B shares closed up sharply yesterday, with the Shanghai index rising more than 6 per cent as investors edged back into the market after a two-week correction which eased profit-taking pressure. The Shanghai B Share Index ended up 6.38 per cent at 68.59
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      Lock icon TAIPEI
      346 30 AFP HWP Index +W. 43 TAIWAN share prices closed 1.2 per cent higher yesterday on buying of traditional industrial stocks in anticipation of government support in the market, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 95.43 points to 7,803.02, points on turnover of NT5120.61 billion. "Buying
      AFP  -  346 words
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  • STOCKS klse
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      Lock icon Institutional selling pulls down index
      403 31 AFX-Asia D Composite Index -2X50 SHARE prices closed lower on institutional selling in large caps like Tenaga. as banking stocks extended their losses from Friday, dealers said. The KLSE Composite Index closed down 23.50 points or 3.06 per cent at 743.52 points. The second board
      AFX-Asia  -  403 words
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      8470 31 MOUSTMALS Cwwif prifcrti 2000 Uut Vet Day Met Cap Hmi L— Ciwpwy M« 'OOP W|> W «2 g°: _5B j M ;SS:$ 3?S 27*S J2 698 55 3tr 5 J5 "2 -7 »7 210 200 9.5 167 8 ,530 "60 ct*£5.r" "90 30 14 1200 1190 15.9 1820J 130 48
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      23 31 GET THE ONE THAT FITS! Hn'StraitwTiira-w Multi-skilled worker, aspiring leader, all-rounder, star performer- Find the right staff through The Straits Times Recruit. 1800-741-1883
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2946 32 BONDS A WARRANTS ■t tnh PnW [«n IMat LJrt Bwr LartOeeto »l rum* Ctm Urn Pat Mm Lot Cotpmt t* r*wi M# l*« hr» M> M» Ma nw «m UN 51.5 12.5 S Acme W*****4 13 0.5 78 13 12-5 12 5 13 13 41.0 1 300 179 8 62
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      Lock icon SEOUL
      305 32 AFP n Composite Index -HUM) SOUTH Korean shares fell 1.6 per cent yesterday with the Composite Index down 10.89 points at 681.30. Volume was 222.4 million shares.—AFP »a»4 mm Anim Semi ***** -150 BramTadl 850 10 Central Bank 640 uncfi Cheil Comm *****0 -6500 DaeGuBen* WaO -60 DaesanqCorp 1660
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      Lock icon MANILA
      277 32 AFP Composite Index +2L99 PHILIPPINE share prices closed 0.2 per cent higher yesterday with the Composite Index rising 2.99 points to 1,532.64. Volume fell to 176 million shares worth 341 million pesos from Friday's 366.77 million shares worth 811.96 million pesos. —AFP Sap 4 000) MRC Allied 0.40 unch
      AFP  -  277 words
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      Lock icon WELLINGTON
      268 32 AFP QNZSE-40 *27.63 NEW Zealand shares rose 1.3 per cent yesterday led by market heavyweight Telecom New Zealand, Air New Zealand and The Warehouse, dealers said. The NZSE-40 Capital Index closed up 27.63 points at 2,111.38 on total turnover of NZ593.65 million. —AFP S*f 4 H$ COBB) A dvantege
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      Lock icon SYDNEY
      549 32 AFP PADOrftariM AUSTRALIAN share prices closed 0.2 per cent higher yesterday, led by strong buying of News Corp, brokers said. The benchmark All Ordinaries Index rose 6.0 points to close at 3,299.40, while the SP/ASX 200 closed 5.8 points up at 3,337.5. National turnover was 435 million shares worth
      AFP  -  549 words
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      Lock icon BANGKOK
      751 32 AFP P SET fadex -L 72 THE Thai stock market fell 0.5 per cent yesterday in thin and rangebound trade on profit-taking mainly in banks and energy stocks, dealers said. The Stock Exchange of Thailand (SET) Composite Index fell 1.72 points to 309.01 points and the SET 50 Index
      AFP  -  751 words
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      Lock icon JAKARTA
      662 32 AFP PI Composite Index +4JH JAKARTA share prices closed 1.1 per cent higher yesterday in quiet trading with bargain-hunting in blue chips, dealers said. The Jakarta Stock Exchange Composite Index closed up 4.94 points at 475.36 with 548.21 million shares worth 293.18 billion rupiah traded. Gainers led losers 84
      AFP  -  662 words
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      50 32 I Ncpnw riem L,n L,nu, d I IPO. Shares. Bonds. Stocks. Annual Reports. ■Hl?* 31iiii= I I Whatever you're offering, we help you reach out I I to 86.7% of all adults In Singapore daily. H The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu flPfpnTSß?!® 1800-741-1883
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  • Article
    Lock icon STOCKS sgx
    7531 33 SGXMADfBOARD Transaction date: Sep 4 Or Of M Wl ■t... Last VM Dcy LMt Ow*te Oiv M« VM MM Cm Avg nj; r angary COOP) Mm> L— Q«iv*r Safe rw Wit $4wfc Wg ws m mc AOMSOC— w -i an4M 89 1 u 14 W f* j; j
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      119 33 With the share trade settlement period reduced, you can still maximize your trading power. Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our Why let a shorter trade settlement period reduce your trading opportunities competitive financing, you'll also be earning daily interest
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  • KNOWLEDGE economy
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      Lock icon Primacy of the people prevails
      1044 34  -  A seminar reinforced the point that an organisation can only change if its people are valued and have the appropriate mindset paultbompsok reports PAUL THOMPSON TO successfully make the leap from old to new economy, Singapore companies need to unleash the power of people during
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      418 34 Re-evaluate. Communicate. Sell. A simple action plan for any small mgy Q t processor733Mhz OiHfcV business. And one you can achieve < < SS,£r^T O capaM y) ua«e $134 »tint 24 mth. 128Mb HAM with our total networking solution. 9 i QB uitra2 scsi $15 x next 12 mths IS"
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      16 34 FOOD I ENTERTAINMENT The Straits Times Classified. Classifications 5-36. [cATA] Buy k. Scfl h. Had k.
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      224 35 Where to wine, dine and entertain...'~t (<]> "Shang yue" this Mid Autumn Festival with Plaza Parkroyal's delicious mooncakes available at Cafe Plaza or Si Chuan Dou Hua Seafood Restaurant. Mooncakes Lotus Seed Paste with Twin Yolk $34 White Lotus Seed Paste with Twin Yblk $34 Golden Lotus Seed Paste with
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      95 35 v 1 HOTEL ORAM) CWTWU. LOTTED 22 Orchard RoaiVGavanagh Road, Singapore *****7 Tat: 737 M 44 Ext 400/02 Fax: *****75 7t*A rt txfit\Unet at iDxeAaxd, tfu uum team of firoftxi-Lonal yd Jw,C toyetfie\ once again L/ A A\to continue, out ihecial lelationifiip (RESTAURANT I 1 chpo" I with uou. We
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      63 35 on predictions. Advertise in Wine, Dine Entertain of The Business Times and reach out to 17,000 readers daily. M Contact Patrick Ang 740 1284 I or Amy Choo 740 ISS9 now. H depend on luck. Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers
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      58 35 fJHave a feast with the Vietnamese at Chatterbox Coffeehouse j 1-10 September 2000 A-la-carte and set menus are j a available for lunch and dinner daily. Set menu from $28.00»»♦ per set. 11:30 am to 2:30 pm DINNER: 6:30 pm to 10:00 pm Please 831 6291 F n f Coffeehouse
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  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      933 35 ine Business limes, I uesaay, septemoer o, *uuu ■i ii .yii i n«iii«l &30 Music Walk. 4J5 Love Is Payable. 1240 MN The World To&M Wheel Of Fortune. SJO Home In 168. night. §40 AM Kids Central: Sesa 640 Judge Judy. 1230 AM W3 (R). me Street. 7.00 Touched By
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      Lock icon Page 35 Miscellaneous Column 2
      248 35 CRYPTIC CROSSWORD ACROSS ters (4) 1 Make ring out of gold piece (5) 7 u > ethic used at checkou,? 4 Skinflint practised being wretch- 9 P^' Tom !,ra o9e,scx l io22s?SS&nh«io IPSa^^sT* 1 En 16 Quteoountoyread'ta Lancaster, SSSSfiteN^s 13 Mandating very soft fish (5) 18 Pepy s must 14
      248 words
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  • WOMAD 2000
    • Article, Illustration
      Lock icon FAR OUT, MAN!
      1167 36  -  Thousands sprawled on the slopes of Fort Canning last weekend had a whale of a time in a magical atmosphere at Womad Singapore 2000. parvatw nayar and cheah ui-hoon jived there too PARVATHI NAYAR and CHEAH UI-HOON SEVEN thousand people on the slopes of Fort Canning on
      SIEW YAW HOONG  -  1,167 words
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      122 36 A Nissan Forklift Sales Campaign M, M M The campaign has got off on an exciting start and we are looking forward to an even more exciting finish! Nissan Forklift's superb quality and reliability is making it the preferred choice. Backed byTCiM's excellent service support and the friendliest ,j team
      122 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      115 37 Reuters THE Baltic Dry Index rose nine points to 1,661 while the Baltic Panamax Index rose four points to 1,609, the Baltic Handy Index 10 points to 1,156 and the Baltic Capesize Index 13 points to 2,229. HMD-CHARTER: ♦Courageous ********** dwt 13.5 on 42.6 2.5 dely Dunkirk 10/20
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      Lock icon MARITIME STOCKS
      274 37 S»< a <ht CWT PHU»nUan 0.70 -0.01 I Own Hup., 0 40 unch 1207 Cosco Investment—0.19 unch 72 Freight Links 0.18 unch 105 G8 Holdings -0.63 unch 0 Hal Sun Hup 0.40 unch 795 MC HoMngs-HK 5.60 unch 0 Jays Holdings 0.16 unch 90 Kappal Corp 3.96 -0.04
      274 words
    • Article, Illustration
      Lock icon Transatlantic trade enjoying robust growth
      686 37  -  Series of rate hikes, service shakenps have contributed to rise in volmnes By. Donald Urquhart [SINGAPORE] The transatlantic trade is picking up steam as rising volumes translate to escalating freight rates and rosier profits for transatlantic container carriers. The buoyant North American economy which continues
      686 words
    • Article
      Lock icon Box tariff in Indonesia up 30% from Sept 1
      120 37 AFX-Asia [JAKARTA] PT Jakarta International Container Terminal (JICT) has increased tariff by 30 per cent, effective from Sept 1, company president Simon Moore said. He said in a statement that the increase has been approved by related authorities and port users.
      AFX-Asia  -  120 words
    • Article
      Lock icon Hanjin Heavy wins US$90m order from France Telecom
      184 37 Bloomberg [SEOUL] Hanjin Heavy Industries Co, South Korea's No 5 shipbuilder, said it won a US$9O million (Sslss million) order to build two cable-lay-ing ships for a unit of France Telecom SA, Europe's No 3 phone company by market value. The order
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    • SHIPPING news
      • Article
        Lock icon Tanker giant records $59m profit as use rates stay high
        301 38 JOHN Fredriksen's tanker giant, Frontline, has recorded secondquarter profits of U5534.7 million (Sss9 million), well up from the US$l3.5 million loss at this time last year and the first-quarter profit of US$l million. The tanker markets are strong enough at
        301 words
      • Article, Illustration
        Lock icon Star to sell more shares
        669 38 Holiday-cruise operator can lower huge debts alter shareholders give go-ahead for share sale Bloomberg News [HONGKONG] STAR Cruises is now set to lower its huge debts, taken on following the tussle it had with Carnival Corp, the world's biggest cruise company, for control of NCL
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      174 38 PAGE Dongnama 3 ACi 6 Eastrans 6 It Accord 8 "I 4 Appensfiip 5 ECU line 6 Assets 8 6 Austral 8 Fo00<,Sun 5 fuhai 7 t** < BSA 7 B'Umj Mas 8 CCNI 7 7 Hanjw 3 CMACCM 3 Heong-A 4 COSCO 5 Hyuft(Ja| 7 CSAV
      174 words
    • Article
      Lock icon SHIPPING GUIDE
      22110 44 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone CTA ETA Advertiser Vessel Voyage Telephone SIN Desfn Name Name Number Number SIN Dest'n Name Name Number Number MMHMMMMHMHaHMNMMMMMMMMMaMMHMBHBBMBMi IS 03/10 27/10 China Shpg VILLE DC VIRGO S39* 65 S*****S To ABIDJAN (ABJ) 2003 Cote D'lvoire «/*> o*/n uasc
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        669 49 Vessel Voy No Berth Arrival Departure BfKWSi, 26 04/09/3:40 09/09/2300 SocCaoncor *****9 J12 04/09/7:25 04/09/1*00 MMXlT 0600A JOT 04/09/905 04/09/16:30 TujofK* 16 V200V J06 04/09/8:20 04/09/1700 Bt itenc«a2 ***** JO! 04/09/8:05 05/09/23:59 uliT 2016 J22 04/09/7:35 07/09/1500 ***** J03 04/09/6:50 04/09/2000 M0217 J03 04/09/9:10 04/09/16:00 W Pwflwr 2
        669 words
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        Lock icon CONTAINER SCHEDULES
        1913 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/ Rstls Ship Voy Ho Etb/Btr Ptrlod From Jo From ACX LUAC 0** 5/000 tt 04/1500 04/1659 ovwoo 04/800 04/1459 04/1*00 U 04/1700 0V0459 05/0900 a 04/1700 os/0459 ovowo 05/0700 05/1155 OVWOO 4 05/1200 05/1455 05/1700 kxmhus ya* WW MMN
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      • Article
        Lock icon GLOBAL HOLIDAYS
        204 49 Sep 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival. Sep 13 Hong Kong: The day following Mid-Autumn Festival. Sep IB Japan: Respect for the Aged. Sep 23 Japan: Autumnal Equinox Day. Oct 1 China: National Day. Oct 2 Hong Kong: The day following National Day. Oct 3 Germany:
        204 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        810 49 THIS report, compiled by Cockett Ma line Oil Ltd. shows price ranges in US dollars instead at single prices for a more comprehensive description of the mar kit Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        810 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        375 49 Carton 180 Mm 990.2 0.7 tS.4 0.08 77 0.05 Am 31 toMttv Water ItMw Ask *1—to— Sediment to above £25 0 0 I 0 0 0 -2- r-TT7 380 Ave 987.6 0.6 O.O 0.07 34 0.02 UwH 380 MAX 997.3 6.9 17.4 0.17 6S 0.07 nWW3
        375 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon SIA faced with capacity shortage mulling new aircraft
        741 50  -  Airline looking at Airbus' new A3XX as well as Boeing's stretched 747Z By] Donald Urquhart [SINGAPORE] Singapore Airlines (SIA) is experiencing a capacity shortage following aircraft purchase deferments made during the economic crisis, officials said. While SIA deferred delivery of some aircraft
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        Lock icon Continental Airlines to help in Concorde crash
        564 50 It's working with French authorities to determine if metal found is from its jet AP AFP [HOUSTON] Continental Airlines said it is working with French authorities to determine if a 43 centimetre strip of metal found on a runway after July's Concorde crash
        AP; AFP; FILE PHOTO  -  564 words
      • Article
        Lock icon Air France Q1 profit gains 36% to 178m euros
        332 50 Rise attributed to link with Delta Air, growing Paris base Bloomberg [PARIS) Air France, Europe's third-biggest airline, said first quarter profit rose 36 per cent as it benefited from its alliance with Delta Air Lines Inc and its growing home base
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      • Article
        Lock icon United flight attendants plan to picket airports
        264 50 Union says members not informed of delays, cancellations Reuters [CHICAGO] United Airlines' flight attendants plan to picket airports around the world to protest contract violations they say arose from how the world's largest airline dealt with thousands of cancellations and delays this summer.
        Reuters  -  264 words
      • Article
        Lock icon India's Jet Air to borrow US$350m
        216 50 Bloomberg [NEW DELHI] Jet Airways, India's largest private carrier will raise 16 billion rupees (US$35O million) from local banks to finance the purchase of 10 Boeing 737 aircraft, the Business Standard reported. The private airline will raise the money in 10 installments from banks
        Bloomberg  -  216 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1894 50 CITT FLIGHT ETA FUCHT CTO AM MuM 6F249 0700 S0909 1530 ***** OHO AdttiMt 8*7381 1930 8A7382 2055 M»fM» ***** WO C2352 wo B30 0F82 2055 CZ35) 2045 ***** too AH8229 2230 Hanoi VN/S074 1310 VN/***** MB IH6380 2230 W/***** IMS 2230 tutyal TC407 1540 T&408
        1,894 words
  • Page 37 Advertisements
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      526 37 PEOPLE Japan's sixth largest port, Kitakyushu, has named Toshikazu Mlzouchl as its new chairman. His focus iX J will be on the expansion of the south-western port and construction of the container terminal at Hibiki, which is scheduled to open in 2003. Mr Mizouchi was formerly director of the international
      526 words
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      766 38 I IMPORT NORTH AMERICA ]H| GULF/INDIA SUB-CONTINENT 1 SUPER SHUTTLE EXPRESS (SSX) [OULF KARACHI EXPRESS (QKX) VtSS£L VOY ISO I SM I PKLANG "vBSB~ VOY MM MS SIN 00a ORITAIN 3SWS32 16/00 03/09 OS/Of HO NEDUOYD DAMMAM SOC M/M 31/ M 02/01 10/01 PtO NEDUOYD MALACCA 041 06/01 07/01 Of/Of
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      687 38 Li"®* services represented by 'Members of tfie Registry of Accr^, ed Shipping Agents, \»m Singapore Shipping Association Members of the Singapore Logistics Association UIY UNI MALI VESSEL VOY [~ETA Tttt ETA P. KLANG SPORE MALE Princess Lily VO6OO 14/09 16/09 25/09 Empress Lily VOBOO 30/09 02/10 09/10 Princess Lily VO7OO
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      1099 39 SAX SERVICE (DtRECT) VESSa VOY SJN ETA LAX OM DAI HOU CM OX MEJM AH NYC API TURQUOISE 036E 06/09 21/09 26/09 26/09 26/09 IS/OS IS/00 15/01 16/00 16/01 API SARDONYX 023E 13/09 21/09 03/10 03/10 (STIO M/IO StylO 03/10 05/10 05/10 mroUHUUNE 03/1 20/09 05/10 10/10 10/10 10/10 10/10
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      1717 39 ®HANJIN SHIPPING I mJf I AMsMpL* -We *****30 HANJIN SHIPPING (5) PTILTD Imp cm MOUNG *****35 737 SAUS *****74 731 DOCUtKNT *****71 774 OPHADOffS *****50 751 MAIM UNE *****55 HI 53*1145 OHIO: **********0 M TO NW USA CANADA USA CANADA* "wva/voT iam 5« lunam/vot 5T~| nw on poi oi r~Sf
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      Lock icon Page 39 Advertisements Column 3
      284 39 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220-8558 SlM—rt A»f«ti: Miysta: M»4»n Ma BM M*4aia SUfpaa AfMcits Pit 111 |,J. *****51 M«*<W) 443-7177 m7(Fu| 663-*****533 2?? iViTVF f«: *****16/IM9IIS Pa»«k. 116-02 A Saattaaial riwM 64-J4J6444 (hi) 64-24M144 CI **********0N kftf://wwwi«ll.t».kr 67-JI2JJ9I (hi) 67-*****94
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      1811 40 SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VESSEL VOY SIM LEW BTM ANR HAM 0«V FU Vtsstl VOT t« OfT Ift FOS VIC MTU HANJNI SAN FRANCISCO 0018 V* OS 00 22 00 23 00 2S 01 21M 27 00 2(01 PACIFIC SENATOR OM3W 00 00 25 M 27 00 20
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      1046 40 am MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC p. guoang: (ot) *****28 rivy VJ Cm*Q,IWOK7WeOOim S»U:(084) *****8 MAMLA: (632) *****24 PENAHft <04) *****36 BANGKOK: (882) *****57 SURABAYA: (31) *****11 P. KEIAMG: (03) *****77 JKT: (21) *****48 KUCHBOG (082) *****1-3 MAWZAWLLO (MEXICO! MV "P&0 NED SAO PAULO" V.3008E ETA
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      713 40 EXPRESS CONTAINER FEEDER FOR N SHEW (CfS MULUNO MUMBAtCOLOMBG ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I.C.D. POMTS Vital S PORE N SHEVA COLOMBO P KLANG TULSIOAS V 130 10 SEP 11 SEP 23 SEP 20 SEP CAPE CREUS V.112W 17 SEP 26 SEP 30 SEP OC OCT CAPE CANAVERAL
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      1650 41 IQVtSStL VOY HKG KHH SIN PKL OXS *A 5 PMM MK IRAN TEHRAN PCL-170 01/09 03/09 09/09 10/09 17/09 15/09 20/09 22/09 IRAN TASATASAEI PCL-171 08/09 10/09 15/09 15/09 23/09 24/09 26/09 25/09 IRAN KERMAN PCL-172 16/09 14/09 20/09 21/09 25/09 29/09 01/10 03/10 IRAN ISFAHAN PCL-173 20/09 19/09 23/09
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      1139 41 Ik SKKOV KVKKT WMtW I V XIAMEN I MUM EVEIY SWMT J GENERAL AGENTS M SWGAPORt: SO ROtINSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTIITO *12-00 saus/ikgs *****57/43 inward dipt (O/O) *****86 COSTAK AGENCIES (Aft) SM BND q HO: **********010 SINGAPORE 06W8 CONVENTION A 1 *****01/150
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      660 41 WOW I IMPORT I iff ffHifSil fill fusUsai |oisw j lo/io 117/io 1 w/io|3o/io|Si/ii}oi/iilw/ii |iuM»smi>Mi oost ;i w23 cw ;s iw is 10 881 BatjMjg a uniarmm TIANSWAORC SBtVWE EXPORT IMPORT VBsI vor SM LGO OM KOTOW CMOOB Kfc I) WM mSB. 1 VOT If (Ml SW HJOGUWG KX 17/W
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      846 42 IUMQMt/Ult/SCANDPUVIA/PMMANP/tUMtA MMVKH EXPORT VESSa/VOYAGE j"sGP~ RDM HK WP ZEE j ANW |IHV I ALSO ACOPTMG CARGO TO ANO FROM;- FINLAND. DENMARK. SWEDEN, RUSSIA I NORWAY MfDfTCRRANfAN/BLACK SiA/EUKOK SCRVKES EXPORT VESSa/VOYAGE I SGP 1(30 VkN CMS DM RDM WV TW ZH LT UTIi 005KXJ5W TOfcWliW'l/W"l9 W'2l W'TdW '71 W TIW'HW JUWSSOOSWO3N
      846 words
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      407 42 AMMAH PWBIAN OUU/WUAH UM CONI—IT TVO WfOtT VESSEL VOYAGE SGP CM! DU« MA UU DW UN KM NXV YUHE 01 SMI OVM- 2VW UNLSPIRE *****T5W 11/W IS/M 70/ M 71/W 77/W UNANGfI 0141-OT7W 12/W 71/ M 77/W 75/W UNCHI 0171* 15/W- 74/M27/W- 71/W- UNI ARDENT 0430-073W 11/ M 77/W 77/
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      Lock icon Page 42 Advertisements Column 3
      685 42 ADVANCE CONTAINER LINES (PTE) LTD Za I I TEL *****21. FAX *****19. TELEX :RS ***** ACLPL CR NO. **********0E W FOR BOOKINGS PllASf CALL: *****22 SAIfS ft MARKETING *****21-28 ■AWOKOK JAKAITA (7 UilltMMm) vtssa voy sm hoc vtssa voy I"" aw jkt BUNGAMASTUIUHF*n 0071 5/9 1u» 8/9 Fn UAOHE(UTCI) 052
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      374 42 SO TELOK BLANGAH ROAD *02-02 CmPORT CENTRE STORE HK2I TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W KSSE wr ETA ETC) OESTHATOt RAOJH *****0 IMHM 11MBOOO PONTMNM mabukwa vram ymnm imoaooo PAtßawc-m balam For enquiries and bookings please contact SEASPACE SHIPPING (S) PTE LTD 133 New
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      484 43 BSfl ■>. i nT=!sll9feWSfeS9lTflB9^^V ■mm. MYANMA IjSBBk FIVE STAR LINE W (MyoNßor National Line) Loading for YaNgoa VESSEL VOT SB PU PIN PGU smw 94W SID MONG LA 34 07/09 MALAYSIA AGENTS: OOUSTIAO SHIPPING AGOKKS KUL m 03-*****00 PIL TEL 03-*****101 PIN: TU 04-*****02 PGU: TIL 07-*****21/4 BANK LINE (A
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      1303 43 HYUNDAI MERCHANT MARINE CO., LTD. Ivbse voy sw sou Ita I rn» I amt 1 ham I m Ivbsb vot I sou tal Aw Imaltv aw HYAMRAL 3MW 07/0* 25/09 30/09 27/09 21/09 MTOMON 3271 14/01 19/00 H/00 17/00 07/09 mCOUL OI6W 00/09 29/09 30/09 M/ 09 20/09 APICTPMC 019
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      710 43 viXw WALLENIUS WILHELAASEN TO NORTH AND UHM UU»KA *<A» ROUP HEAVYUFT StKVKI' vessel voy raw height sin lic mao {mia sav oal ore nyc i new i hoi TOM AMIS' 4001 mb "US ***** 09/10 17/10 W/10 22/10 24/10 2S/10 27/10 31/10 05/11 TARONGA AHOI9 AOOToaj 6.3 M 24/09 2S/10
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      585 44 wsui vqt uw 111 «r? iOL TO® wr *sm *T PJ* Mr ifl/K— ,4m =B3E=nEß= jyQJStiM U!_JM LQZ3S awa 'fl? MS tumtm 3S7n w/w ivw ii/w WF fi |$j |j$ IHHAIHUr- 3S7K 10AW 13/W li3B_ AtfTHOtfTY# llttt 11/ M I IVW *g swan 4ift n/w is/w is/w juhjuuh i/a 12/w—
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      258 44 INDONESIA NATIONAL LINE TO AUSTRALIA I RILL COWPUWERIBWVICE v& wn m rm m m a »> ii NIMBUUI m H/WB/B IS/H 17/»H/W B/W usumi ls~ ii/nii/n li/ii»~i racMUM "nT cm it/w ti/ii 0/11 n/i« NIIVCfT Its" b/w it/w «/>• n/i» n/n 11/1* FEEDER SERVICE TO INDONESIA ra ra-nt n*-n» IS
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      420 44 TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK A CONTAINERS 14 DAYS FREQUENCY wssa ww sa m m sun m swm wou sw Hi m w hi USNMCMVMGNB Mooo* OZ/W OCW 07/09 0»/0» IVW 10/00 02/10 M/ 10 W/10 12/10 13/10 IVIO IS/10 14/10 ttsauM aniSAoa mooo? w imi mi 27/0*
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      54 47 New Advertisers/Services/Agencies I STL CONTAINER LINE For Services To Vietnam Calcutta Mon/Wed/Fri Pg 7 STANDARD SHIPPING AGENCIES PTE LTD Offers Weekly FCL/LCL Services To EAST MALAYSIA PORTS DETAILS Pg 8 Shantou, Dongshan, ZhangZhou Turn to Pg 3 Woridgate Express Lines Wfallenius Wilhelmsen New Europe To MIDDLE EASTI S.E. ASIA service
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  • Page 49 Miscellaneous
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      Lock icon Page 49 Miscellaneous Column 1
      139 49 Aln i 1 "'^r^js V"" <♦- -**< 2 b—u &mmm -iode hjoje or 1 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers y^\ Rain emperature Wind direction and speed in knots Cloudy Day Weather oo u a7U Wind speed symbols Sea Conditions O Full circle w/o line indicates
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  • PROPERTY BUYERS' GUIDE
    • Article, Illustration
      Lock icon HOME TRUTHS
      161 51 HE and of the Ghost Month saw I developers twinging Into action with I the launch of residential projects, and we can expect more offerings being trotted out fen the coming months. First-time home buyers on the prowl at showflats, and seasoned investors sizing up their fifth property
      161 words
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      Lock icon Higher prices slow sales
      1013 52  -  The residential market is likely to remain slow in the second half of the year, says TAY HUEY YING TAY HUEY YING The writer is associate director, consultancy research, Colliers Jardine RESIDENTIAL sales slowed dramatically in the first half of this year, as buyer resistance made
      1,013 words
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      Lock icon CITY HOMES
      611 54 For those who enjoy living right in the heart of town, more opportunities are in the offing as the govt plans more residences there SOME folks enjoy the energetic pace of life in the heart of a city. For them, nothing beats living near cafes, restaurants, cinemas, theatres
      FILE PHOTOS  -  611 words
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      Lock icon Weakness seen in the short term
      1037 54  -  The oncoming supply from the private sector and govt land sales programme will dampen the private residential investment sale market, says DAVID NG DAVID NG The writer is executive director, investment sales, Colliers Jardine THE private residential investment sales market hit its peak last
      1,037 words
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      Lock icon It's time to review property curbs
      933 56  -  Current recovery has seen a fundamental change in the property market. Any over-regulation now will prove self-defeating, says VITO KOH VITO KOH The writer is residential director, Chesterton International A HANDFUL of sell-out launches notwithstanding, Singapore's property market today is a very different creature
      933 words
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      Lock icon Looking for a new house? Then log on
      642 56  -  The belief that one has to touch and feel before buying is a myth. We have been buying on imagination and faith all along, argues SONNY LIM SONNY LIM The writer is Investomer, Propertyßuyer.com IT takes guts to plunk down $50,000 for
      FILE PHOTO  -  642 words
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      Lock icon Plenty to choose from
      1815 58  -  JOYCE KHOR and HAN HUAN MEI look at the potential launches and current units on offer all across Singapore JOYCE KHOR, HAN HUAN MEI Joyce Khor is director and Han Huan Mei is asst manager at CB Richard Ellis. Information provided was correct at time of
      1,815 words
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      Lock icon The lure of landed property
      1351 59  -  An increasing assortment of landed properties from freehold to cluster to resort brings that dream a little closer, says AMY KHOR AMY KHOR The writer is research director, Knight Frank THE appeal of landed homes has become more evident recently due to the exceptionally strong
      Source: URA SISV, KF Finsearch  -  1,351 words
    • Article
      Lock icon Spoiled for choice
      976 60  -  What must a home buyer consider when shopping around for the best loan scheme? LING SU ANN finds out LING SU ANN WITH the intense competition among banks for a larger slice of the home loans market, borrowers can certainly pick and choose among the many schemes
      976 words
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      Lock icon A name to be proud of
      692 60 How do developers come up with a name for a project that will go down well with buyers? WITH all the exotic names embellishing private developments these days, it's no wonder that people get confused trying to remember all of them. With keen competition
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      Lock icon A new housing paradigm
      1437 61  -  That's what Punggol 21 represents. TONY TAN KENG JOO reveals the features of this model that celebrates gracious living TONY TAN KENG JOO The writer is chief architect of the Housing and Development Board DURING the 1996 National Day rally, Prime Minister Goh Chok Tong introduced
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      Lock icon A strong selling point
      1179 64  -  All things being equal, there is a price premium attached to residential projects close to MRT stations, says AMY KHOR AMY KHOR The writer is research director at Knight Frank SINCE service commenced in 1967, the Mass Rapid Transit (MRT) has become an indispensable mode of
      FILE PHOTOS  -  1,179 words
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      Lock icon Going, going... putting homes on the block
      1331 66  -  The auction is a marketing strategy with many benefits and can take much of the uncertainty out of the selling process, says GRACE NO GRACE NG The writer is associate director and auctioneer at Jones Lang LaSalle WITH the recent slowdown in activity
      1,331 words
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      Lock icon How much is your home worth?
      977 67  -  There's more than meets the eye when valuing a property, says YAM KAH HENG YAM KAH HENG The writer is the executive director of DTZ Debenham Tie Leung APPOINT an agent to sell your home and the likelihood is that he will give you
      FILE PHOTO  -  977 words
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      Lock icon FITTING UP A haven
      521 68 As your bedroom is also your hideaway, choose a design that you feel most comfortable with YOUR bedroom isn't just a place to sleep in but also a sanctuary a place to get away from it all for a few hours. Your room says a lot
      CHRIS LOH  -  521 words
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      Lock icon Home safe home
      1178 68  -  Is your place child-proof? DONALD URQUHART offers some tips DONALD URQUHART IT happened in an instant. One minute my eight-month-old daughter was fast asleep on the bed next to my wife, the next she was on the floor screaming her tiny lungs out. As a new parent
      1,178 words
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      Lock icon HDB resale market holding up
      1185 70  -  It is expected to remain stable, though valuations may drop to reflect the lower resale prices. Volume will hit its high for the year in the final quarter, says JACK CHUA JACK CHUA The writer is president of ERA Realty Network Pte Ltd BUYING of
      1,185 words
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      Lock icon Gearing up for renovation
      871 71  -  TAN TONG HAI gives some tips that will make the daunting task easier TAN TONG HAI The writer is executive director of Creation Street Pte Ltd. For details on this home and office renovation portal, visit www.creationstreet.com. PLANNING for your renovation work is never an easy
      871 words
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      Lock icon Hooked on... stone
      660 71  -  terry TAN looks at why the material is so popular with homeowners TERRY TAN The writer is executive director of Builders Shop USING natural stone in the design of a home is a balancing act of aesthetics, function and budget. A designer working on a residential project
      660 words
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      Lock icon Overseas attractions
      929 72  -  Which countries are S'pore investors keen on? PETER THNG looks at their buying patterns over the past two years PETER THNG The writer is director of project marketing, PropNex—HSß Property Group WHILE the region may still be grappling with the aftermath of the financial crisis, other countries are
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      Lock icon General profile of Singapore investors
      74 72 ♦Age group: Most are in the iate 30b to ear ty 50s ♦Profession: Most are senior executives or businessmen ♦Most have good knowledge of the country or city they are investing in ♦Most have either studied or stayed in the city for awhile or intend
      74 words
    • Article
      Lock icon Malaysia beckons...
      650 73  -  but be very selective in your choice of developer and take note of the peculiarities of the market, says SNG PENG CHYE SNG PENG CHYE The writer is senior manager} corporate banking division, May bank Singapore Operation THE Malaysian residential property market may be out of the doldrums
      650 words
    • Article
      Lock icon Tips on investing overseas
      524 73  -  Some useful questions to ask as you do your homework By Peter Thng WE often hear of investors lamenting their purchase of overseas properties, and how much they have lost on it instead of reaping a tidy profit. This is not likely to happen if they
      524 words
    • Article
      Lock icon General buying attitude of Singapore investors
      55 73 ♦Like to shop around for the best deal ♦Check with friends and relatives in the source country before committing to the property ♦Would make short trips to visit the site before committing ♦Bargain for a good deal—the Singapore way ♦Generally, most are well-informed about
      55 words
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      152 51 r t V&SI&Nm fV .'t <w.W^mß&*fc.fi••>- |s*s; ft A^j There's every reason to smile with Baby Bonus. And more reason to take that decision on your ideal home or second property. join more than 6.000 who have bought $5 billion worth of new private property with a little help from
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      69 52 Wf Looking for a Home Loan at 3.5% p.a.*? Our special Millennium Home Loan package not only gives you one of the lowest interest rate in town at 3.5% p.a., but also free valuation, free insurance for the first 2 years and no prepayment penalty. So give us a call
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      155 53 k 1 I**>-}• > Need more room? "Si V-. V. 4 --V' *V y J i a ;t > -U'r 4 JJlfe S v :>^ 118- S S3§ li® ■"j >. > 5 ■I. --.--v. m- i ;r! .;t,. &&smb m&Mfrtb wl^BMm OMi I -p/# vi if': V ..5. >■
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      212 54 ve<* Clonic N.,- VILLE < 20 UNITS OF 4-STOREY APARTMENT *»i magic OF tASt C°" AT LOR K,TELOK KURAU oCJve in touch with the most popular outdoor area in Singapore. AH me At East Coast, you lack nothing. For fun of living at East Coast is yours at Prosper© Vifle.
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      104 55 S o a iT- tT^ Mr Flea Hopping around bccause you can't find exactly what you want? Well sir, our experienced and friendly agents will hook you up with some of the niftiest pads in town. Just call us now at 471 8888 or log on to orangetee.com. And you
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      152 56 I I I I .11 I; jJMsSOmn UDI 2,3 4 storey terrace factory units with parking lots at the doorsteps. Good units available! Superb frontage facing the PIE Allotted car lorry lots at your doorsteps Your very own frontage, lift and toilet 20-ft container trucks can drive up to every
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      352 57 The "Home" team that's a clear winner! I IK W/I W. >i W, 1 I 111 31 I ftr r T 3 y V"—igfetj n^«■Mmm^Ma^Mj (from left to right) from: lohn IV,my, Raymond La, Peter Ow. S.wmy Lee, No two buildings are alike. And no one understands the residential market
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      122 58 The National Australia Bank Group is AA rated and Australia's largest financial services organisation. You can be sure that we are committed to your needs and working with you to develop long-term relationships. Our Client Relationship Managers will tailor financial solutions to meet your immediate and future needs. -2* Yes!
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      116 59 1h r I 1 9: *1 I > 11 rue t«> u>ok. I hen e\en .1 stiuK it \i>n choose to ltrin«4 work home. \ll m ill. we offer \ou Ih.lt one intangible von oiilcr sei'MCc: Space. I lie Vseott Scr\ieeil Residences. I \perienee the In\nr\ of space. jSitfcj fm.
      116 words
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      192 60 make| your| winning move in overseas property finance It has never been easier to secure financing or re-financing for a residential property in Great Britain, Australia, Canada, New Zealand or U.S.A. Our new loan packages incorporating low, low interest rates will not only help you save money but are also
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      150 61 when Finding ""Right Direction ■r M y ■F/ <v H «ig%«--. A- a rr r |i?mg |i; Ir t y firn- w 4V V > IfM t* «B /frll In today's world of vast opportunities, finding the right direction is crucial. I C As a global leader in real estate
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      835 62 ADVERTORIAL Domestic Affairs this most accident-prone A home for usc Costa de j So l are A ensure y second to Before Hnal W W A^SPj^H^^ ,p,ey are subjected to T Ketreat andlhemost stringent quality yhe contract ng poi lcy H soi E A yw I of colour tools even
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      1069 63 ADVERTORIAL Living the good life in the East Written by Yoki Wong a certain appeal that no other s,'■ f k location in Singapore can offer. At least that's what any 'East Coastian' by definition a person who is a long-term resident here would tell you. Indeed the East Coast
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      138 64 U£eO o umm it Uieuis are what everyone > i JHJ3|| Only minutes to the heart of I desires, yet only a handful yw< just walk to southbank of the most exciusiue m apartment buildings iO//!*f Direct tram acceBB to ////l' fe k Melbourne's leading schools in melboume can offer
      138 words
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      319 65 1 ik zzzzzn 11 ySy Pohlian.com.sg We make your Dream Home come true! PI R i i i 1 1 > M X O ft 5 B <«> A] Back Forward Stop Refresh Home AutoFill Print Mail Search Larger Smaller Add I© http://www.pohiian.com.s9 H Live Home Page Apple Computer Apple
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      189 66 I INNOVATION PLACE I I Affordable S/ze With I I Functional Layout I a> r BHH 9 MGonTOriientlvlocatMinfHa^ailE^ati^ I near to Kranii and Yew Tee MRT Stations, BKE and KJE I I m P ress i ve facade with granite-clad lift lobby I projects a premium development I conso a^on
      189 words
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      340 67 I^KSm.:i% I ■HKIf a -m M M ■^■Iw il Hi V- .4t jM fEIH? IST 11 v ift» ■^^■efflpffnySfflßji'fliTfbyTaiffrTiTWiWMfcHMlnTWiiraL'^^B >w Exclusively marketed by Dennis Wee Realty, choice units at |^H| /I /V f Martia 8 are still available. For those who like the relaxed, |r? J|jflß i~^H| /1 ]r KM
      340 words
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      153 68 t\r *i*^^BP^L mc£ > &5 vf* +*xs6* y > JH<- •'-i j J®*» |L- 'Vsvlk^f^^ Vjfir r-i +i ,y *fi§P? JB|r jjpSf fr «L *T,i E :iSZH *"6 j* 1 jf; iII J Jacuzzi standards ea ch and every jtit warranty B a program. Self-draining Jacuzzi pumps are The ozone
      153 words
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      381 69 /A) Gerald I Residence iBHES *jE- i9!stiy£iiffi& >- a££L J9H^B &feyS H^gg.: I ih I ij- jg£ I I i nlll^^—^^^ilßiiißßn^^E^S m I "I") 111 «~p —m 1H ■Hi 1 -I r [jig If u' mB **T"321 I. IB "1 il rH Wf Illß9bl "1 1 J"XiJI |J Bra HnMnrß
      381 words
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      243 70 Our team's I real estate success Transacting real estate is what we do best. It's how we go about it that really sets Chesterton apart ds team of professionals. Our dynamism, imagination and innovation has clearly made us one of Singapore's top property consult ants. Let us show you what
      243 words
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      64 71 j «8 '->•- Z'&jk' >7 t£ ;»'■"> v -^W «5 :.i£' ,j //W *$9 S i jj J ">£ i .JlSiikiiife'.fea i«w.<> O) c ♦'V V V■' S* Mi JOj^^f^S/K^Kj HeßMNn* CD 1 1 changi south st 3 builders centre #04-01 Singapore *****2 tel 545 5225 (ax 545 5665 email
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      400 72 B m k B, *<*t* B3rjm, With more than 120,000 sales associates working in over E9hl IPWB 6,500 offices worldwide, CENTURY 21® i> the undisputed I||HB| global leader in real estate with exceptional results to match. Nurtured for over two decades, the CENTURY 21® name is today firmly linked to
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      151 73 MavbankOverseasProoertv Financina I t We're the only bank j who recognises the potential of investing in a Malaysian home. Only Maybank has the blueprint to make your investment in a Malaysian property more attractive. For starters, your Malaysian home loan repayments can be in Singapore Dollars. You can also borrow
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      652 74 Where your future begins Presenting six stunning developments by Centrepoint Properties Ltd. Remarkably designed with immaculate finishes and fittings like the very luxurious Holt Residences and Camelot, or the beautiful Euphony Gardens, the Petals, Yishun Sapphire and D'Manor. ■HIHHHHHHHHHHHfIHHHSHKfPIHRHHHHHHH 46 exclusive freehold apartments > LocatedatHoltßoad-offßiverValleyßoad M VM i>/flt Freehold condominium
      652 words