The Business Times, 6 September 2000
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2000-09-06
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The Business Times
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Title Section12 2000-09-06 1 THE BUSINESS TIMES 85C SINGAPORE Internet http://business-times.asial .com.sg/ WEDNESDAY. SEPTEMBER 6. 200012 words
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Article66 2000-09-06 1 □is V77JO (-12.16) n™ M 839J4 (-10.54) nnmarmaas n snoca roroiss STOCK HAHET Tuesday Change KLSEOOMP 7I1J8 +&M NIKKEI 2» 1M&127—-23&S4 HANG SENG 17JKH -IMJt set index sna -ft* JAKARTA COUP _<?&« +MS MANILA COUP -OMITS ♦Mtt TAIPEI WP! 7,78M* -!7.« arm POMP «7»i4 tee CLSA CHINA B66 words
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Article76 2000-09-06 1 FOSEX BATES ust ss I8t L7t7 S(USS/SSmtS) 1.4M 111! EURO(U»SJ/E) 8J97 1J49 DM 1181 IJtt YEN 1«J sue RM sm uoo UKS 7.7» 4 Jtt BAHT 41J» 2188 RUP1AH 1S» 4m FIHB KATES SINGAPORE* m KUALA LUMPUR 7J7 JAKARTA JM» BANGKOK I.H MANILA 11 00 BOWMDNO 8.50 TAIPEI r76 words
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597 2000-09-06 1 Chuang Peck Ming - BTtiVMimWJ But flow of funds from Asia jumps 57%, with HK pulling ahead to third spot By\ Chuang Peck Ming [SINGAPORE] The flow of direct investments from Singapore to the United States fell by over half last year even as Asian597 words
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757 2000-09-06 1 Ven Sreenivasan - By\ Ven Sreenivasan [SINGAPORE] In what could be an opening salvo in a new housing loans war, Overseas Union Bank (OUB) has just dropped its lending rates by up to 0.85 percentage point with immediate effect. The bank yesterday announced that757 words
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Article, Illustration550 2000-09-06 1 Eddie Toh - Sale of Bandar Raya stake for RM36I-2m comes at a big loss FYoml Eddie Toh tn Kuala Lumpur IN a surprise move, Multipurpose Holdings Bhd (MPHB) will sell its property arm to the nephew of Akbar Khan the man behind the550 words
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Page 1 Advertisements
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Advertisement70 2000-09-06 1 nrsiMl Top Stortos Fund investments ir Singapore up 10% i August. Next Pmg QES full-year profit rises 31.5% to $26.7 m. Pg 4 M'sia-S'pore busines forum: Singapore think-tankers recommend 2 countries, or system. Rg 13 Peru: Where econor ic reform is an Andean task. Pg 11 -Aft* BT Comment Wall70 words
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Advertisement10 2000-09-06 1 on key issues facing businesses in the e-economy Pg 1110 words
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Advertisement130 2000-09-06 1 x. The man who SP Compaq Computer Nfcfr/ "X P Cost per minute to call: UAL Ba > 44 It> 207 |D> I 12»45<7 COUNTRY CODE AREA CODE TELEPHONE NUMKR (eg UK) (eg London) For quality business communications, IDD 008 is the only number you need. Star Hub's premium service130 words
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NEXT page
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520 2000-09-06 2 Serena Ng - Bat Taiwan ousts Republic to become sth-ranked country in Asia overall By* Serena Ng [SINGAPORE] Fund investments in Singapore were about 10 per cent higher at the end of August compared with the end of July. But Taiwan has replaced Singapore as520 words
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Article, Illustration462 2000-09-06 2 Gore campaign says its a sign pressure is getting to him AFP [WASHINGTON] Republican candidate George W Bush, who vowed to restore civility and dignity to US politics, came under fire on Monday over an offensive comment about a journalist covering the presidentialAFP; AP - 462 words
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ON THE grapevine
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Article73 2000-09-06 2 WAS it coincidence that the August issue of DBS Bank's staff magazine has on its cover both its president Ng Kee Choe and head of personal banking Philippe Paillart? The equal billing given to both comes amid much talk about management succession at DBS. Last month, chief73 words
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Article67 2000-09-06 2 LAST weekend, BT Online ran a poll after Kuala Lumpur stocks took a beating in the wake of a bank merger. Readers were asked to respond to the statement, Malaysian bank stocks fell sharply on Friday. The results were: Oh no, I'm going to be hit67 words
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Article84 2000-09-06 2 LOOKS like the government is definitely stepping up its efforts to bring more women into scientific fields like engineering. One of the activities during the National Science and Technology Board's Tech Month is a seminar called Elite, which stands for Especially for Ladies in Technology and Engineering. The84 words
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Article, Illustration407 2000-09-06 2 Corinne Kerk - (totting Personal -*y Corinne Kerk Whoc Yvonne Goh, joint managing director, Boardroom IJmited Claim to A chartered secretary by training, Ms Goh is a fellow of the Institute of Chartered Secretaries and Administrators of the United Kingdom. She been a company secretary for more407 words
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Advertisement409 2000-09-06 2 A Seminar at Marriott Hotel 4 October 2000 (Wed) 8.45 am to 3.00pm The IPO journey for companies eyeing the rich capital Speakers: markets of the United States and Singapore can be painful and Ben Iversen, Director, Equity Capital Markets, tough. Or it can be exciting, challenging and more Merrill409 words
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Advertisement119 2000-09-06 3 f IDD by Ml As an Ml customer when you dial Ml IDD 002, youi mobile IDD calls will cost less than fixed line IDD calls even when you include local autinie charges. But that's not all you have? to smile about: accumulate $J8 woilh of 002 calls per line119 words
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SINGAPORE companies
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338 2000-09-06 4 Vivien Ng - Revenne jumps 52% to $L2b bnt growth expected to slow this ye&r; DigiLuiiLcom to list in Q4 Byy Vivien Ng COMPUTER maker and distributor GES International yesterday announced a 31.5 per cent rise in full-year net profit to $26.7 million, as Asian economies338 words
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Article271 2000-09-06 4 Andrea Tan - It plans to list subsidiary Nexus on SOX next year By Andrea Tan LABROY Marine yesterday posted a marginal rise of 3.3 per cent in interim net profit to $11.4 million as general freight rates improved. The group also said it intended to list its271 words
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Article, Illustration364 2000-09-06 4 Siow Li Sen - It attributes jump to change in depredation policy By Siow Li Sen TRANSPORT operator Tibs Holdings said a change in its depreciation policy has boosted its net profit for the first six months ended June to $8 million, a near quadrupling from $2.2364 words
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Article, Illustration416 2000-09-06 4 David Boey - Takings boosted by strong growth in equipment, services By] David Boey SESDAQ-LISTED Asti Holdings, which supplies test benches and services to the semiconductor industry, said yesterday its interim profit surged 150 per cent to $6.2 million. For its six months ended JuneSource: Bloomberg - 416 words
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433 2000-09-06 4 Heavy selling sets in as investors ignore sweeteners Reuters SHARES of healthcare provider Parkway Holdings tumbled by more than 7 per cent yesterday as investors ignored the sweeteners it offered, including a bonus issue, and focused on a sharp drop in itsReuters - 433 words
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OTHER Results
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Article169 2000-09-06 4 GENERAL Magnetics has reported a H million Interim loss for the six months to June 30, compared with a net profit of $2.1 million in the previous first half. Sales fell 2 per cent to $16.1 million. Earnings per share were also in the red—a169 words
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149 2000-09-06 4 SINGAPORE Reinsurance has announced net profit of $5.6 million, down 6 per cent, for the first half ended June 30. Turnover fell 2 per cent to $29.9 million. Earnings per share fell to 6 cents from 6.36 cents. The company has declared a lower149 words
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Article158 2000-09-06 4 ACE Dynamics said net profit for the first six months to June 30 fell 6 per cent to $537,000 on an 11 per cent rise in sales to $9.9 million. Earnings per share fell to 0.54 cent from 0.63 cent The company said the lower158 words
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Article, Illustration513 2000-09-06 5 Serena Ng - It pumps $25m into Cisco technology to handle online transactions By\ Serena Ng DBS Bank has invested $25 million in technology from Cisco Systems to build an Internet infrastructure that will enable it to handle online transactions byFILE PHOTO - 513 words
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99 2000-09-06 5 SINGAPORE Technologies yesterday started to use an online trading system provided by Skandinaviska Enskilda Banken, the bank said. The move is part of ST's plan to use Internet-based systems in finance and treasury operations, Skandinaviska Enskilda said. It would help the company "improve efficiency with99 words
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161 2000-09-06 5 AFX-Asia SINGAPORE Telecommunications said 70 per cent of its transponders in ST-1 satellite are currently leased by users, two years after the satellite was launched jointly with Taiwan's Chunghwa Telecom. Sing Tel added that it expects its transponders to be fully leased by year-end. "ThisAFX-Asia - 161 words
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691 2000-09-06 5 neil behrmann - HOCKIBWmUm neil behrmann THE end of summer is nigh and the gloomy prophets of Wall Street seem doomed. I've been travelling in the US in the past few weeks and all signs point to a slowdown in the economy but hardly691 words
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Article, Illustration490 2000-09-06 7 Tay Hong Seng, Conrad Raj - Fresh fonds will dilute Thakral family's majority stake of 70% By*. Tay Hong Seng, Conrad Raj SEVERAL investors including the controlling Thakral family plan to inject about $100 million into listed Thakral Corporation, which is technically insolvent and undergoing a restructure. The investmentFILE PHOTO - 490 words
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343 2000-09-06 7 David Boey - It joins others like North 22, Jadason and FDS Networks By\ David Boey WITTIS Investment (Holdings) Ltd, which makes components for audio-visual appliances, will soon join the ranks of a growing number of Hongkong-based companies which have floated their shares on the343 words
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COMPANY Briefs
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Article66 2000-09-06 7 INCHEM Holdings International's public offer closed yesterday with an encouraging subscription of 68.27 times. The company had offered 12.58 million shares to the public at 28 cents each. This comprised 1.258 million shares for the public and 11.32 million placement shares including 2.5 million reserved66 words
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83 2000-09-06 7 TRANSVIEW Holdings' public share offer of 5 million shares at 22.5 cents closed on Monday 4.5 times subscribed. It attracted 2,611 applications seeking 23.1 million shares. The 4.3 million reserved shares have been taken up. The golf equipment distributor had offered 43 million shares, including83 words
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Article128 2000-09-06 7 THE Housing and Development Board (HDB) has launched a $500 million five-year fixed rate note, its fifth bond issue under its Medium Term Note (MTN) programme, lead manager DBS Group said yesterday. The note carries a fixed rate coupon of 4.196 per cent per annum128 words
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113 2000-09-06 7 HORIZON.COM has tied up with ValuEngine USA to provide online financial analysis tools to the Asia Pacific region. The company and its partners in Dynamic Holding Services (DHS) will take a 31.2 per cent stake in US online financial software company ValuEngine Inc in a113 words
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189 2000-09-06 7 Reuters LYCOS Asia, a joint venture between Lycos Inc and Singapore Telecommunications, said the Chinese government has awarded it a licence to set up the country's first foreign-owned Internet site. Lycos Asia will wholly own the Web site, or portal, company spokesman AndyReuters - 189 words
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222 2000-09-06 7 CROWN Cork and Seal said yesterday it has received 96.4 per cent acceptances for its unconditional cash ofifer for CarnaudMetalbox Asia (CMB Asia). It is now entitled to compulsorily acquire the stock of CMB Asia shareholders who have not accepted the $3.23222 words
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Page 4 Advertisements
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Advertisement66 2000-09-06 4 -.v- r 1 Time at my Command. i M fc I I SN, OFFICINE PANERAI Where ideas come to life. The historical and CONTEMPORARY OFFICINE panerai collections can be seen at the following retailers: SINGAPORE: Sincere Fine Watches (Ngee Ann City) Tel: *****18 Sincere Fine watches (LUCKY PLAZA) TEL: *****9366 words
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Advertisement216 2000-09-06 5 z.m &sM| ■■■■I BHiv f| IgUHflha |r| I I■ WHmK^ M M W I I I II I I ■*.'-> I I I Hatha I i Services Cattmr torviw tcnu ftmni MMtn levarimt tti toartj Svitns lhrtw,rt Stnrins HIK I I e—. Kfffl|^H mmt"- II II I I I I216 words
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SINGAPORE markets
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Article, Illustration201 2000-09-06 6 R Sivanithy - WARRANT WATCH By R Sivanithy IN almost all cases of covered warrants featured in this column, the verdict has been negative. If it was not poor valuation numbers, it was lack of liquidity that did them in. Today's feature, however, is a very201 words
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Article460 2000-09-06 6 Stoofcs Vokens Excel W02 10,706,000 GES lnt1LW20c 9,814,000 Asia DefcorHK 15c 9,460,000 Nytect 15c 9254.000 Addva/Tech 2.5c 6,892,000 Ionics P$1.00 5.944,000 K1 Ventures 10c 5,779,000 North 22 US1c 5,664.000 STEngg 10c 5,625,000 Partway H 50c 5,160,000 Stocks I SIA„ 26,002,035 DBSQrp 23,663,110 PartowayH50c 21,912,808 JSH US5c500 18*47.667 GES IrHI Ltd460 words
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Article158 2000-09-06 6 •ALEXANDRA Holdings will trade ex-first and final dividend on Sept 22. Book a closure date is Sept 27 and the dividend is payable on Oct 6. ♦Tri-M will bold its £GM at 2S Kallang Avenue #07-04 Kallang Basin Industrial Batata on Sept 27 at am or immediately after158 words
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Article, Illustration535 2000-09-06 6 r. sivanithy - STOCKS r. sivanithy Trading in the local stock market yesterday was like sucking on a lemon the more it progressed, the more sour it got. There was no follow-through of Monday's upward momentum, and with liquidity continuing to desert the market, even535 words
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Article, Illustration244 2000-09-06 6 Ven Sreenivasan - HOT STOCK By Ven Sreenivasan THE stock of air cargo specialist Airocean Group is now more than double its April initial public offer price of 13.5 cents. It slipped a cent to 27 cents on 4.2 million shares traded yesterday, but is still firmly in244 words
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281 2000-09-06 6 AFP [TOKYOJ The yen slumped against the US dollar in Tokyo yesterday on a market rumour that a US ratings agency might downgrade Japanese government debt, dealers said. Around 0900 GMT, the yen was quoted at 106.32 to theAFP - 281 words
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Advertisement662 2000-09-06 6 CLAREMONT HEIGHTS LTD (Incorporated in the British Virgin Islands) UNCONDITIONAL CASH OFFER FOR CARNAUDMETALBOX ASIA LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF LEVEL OF ACCEPTANCES AS AT CLOSING DATE The Development Bank of Singapore Ltd ("DBS Bank") wishes to announce, for and on behalf of Claremont Heights Ltd662 words
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Advertisement38 2000-09-06 6 Grow Your CPF With eiBht important A applxahors 'cur t. r eiah* i wei: as >I< >1 ;s '>■ Fits the job to a tee. Willblossominthepost. jP Find the right candidate. TheStraitwTinjPN \I Call 1800 741 I SB3 I38 words
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Advertisement32 2000-09-06 7 Classified First. -V- vl Looking for a holiday destination? Or simply getting away from it all? Top of your itinerary: Check The Straits Times Classified First. Buy It. Scl It. Find It.32 words
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Advertisement77 2000-09-06 7 Lyooa Europe Q4 loss widens to 52m euros, Pg 10 mm w«j»i I Younever (j? 0 actually own a Patek Philippe. You merely look after it for the next generation. officer s caiauava ref *022 by Patek Philippe The HourGlass M QUALITY TIME SINGAPORE THE HOUR GLASS Takashimaya S C.77 words
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SINGAPORE news
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Article, Illustration564 2000-09-06 8 Kalpana Rashiwala - Firm says it sold Wilby Residence for $146 m; sources say it was secnritisation By] Kalpana Rashiwala TAN Chong International is doing a $146 million asset securitisation deal for its Wilby Residence condominium which it has to dispose of byFILE PHOTO - 564 words
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300 2000-09-06 8 Folly occupied property brings in $I.Bni rental income annually: DTZ THE Cosco Building is up for sale by pfP vate treaty and tha namprs arp looking at a price tag of close to $40 million or around $1,180 per sq ft. Marketing agent300 words
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429 2000-09-06 8 Average price of first phase units works out to $620 psf FIRST Capital Corporation will release tomorrow the first phase of its 99-year leasehold Gardens at Bishan condo at $620 per square foot on average, which analysts say will429 words
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Article, Illustration417 2000-09-06 8 Ven Sreenivasan - BTM'miL-UUJ By' Ven Sreenivasan THE Formula One Grand Prix at Sepang may be eight weeks away, but ticket sales are already in full swing. Tour operators report brisk business as 15,000 Singapore-based racing enthusiasts prepare to cross the Causeway for theFILE PHOTO - 417 words
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277 2000-09-06 8 Audrey Tan - Graduates will be awarded NUS degrees after a four-year course By, Audrey Tan THE National University of Singapore (NUS) will set up a music conservatory which will offer undergraduate degree courses, Deputy Prime Minister Tony Tan said yesterday. At the opening277 words
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313 2000-09-06 8 THOUSANDS of workers will receive certificates recognising new skills acquired through training programmes, under a system launched yesterday. The National Skills Recognition System a key part of the Manpower 21 vision to develop Singapore into a talent capital also aims to instill the313 words
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Article, Illustration266 2000-09-06 8 Marissa Chew - By Marissa Chew WHOLESALE prices continued to climb in July as an expected moderation in fuel prices after oilproducing countries agreed to increase output failed to materialise. According to figures from the Department of Statistics, the domestic supply price index jumped 12 per centSource - 266 words
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MAIL bag
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Article204 2000-09-06 9 Toh Yong Chuan - Toh Yong Chuan Senior Assistant Director (Corporate Communications) Monetary Authority of Singapore TEO Kwee Bin said in his letter, "Why was PEN glossed over?" (BT, Sept 1), that he was surprised by the lack of reaction from the relevant authorities in a case involving Temasek's issue204 words
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328 2000-09-06 9 June Chua - June Chua Head Retail Marketing OCBC Asset Management Ltd Singapore, via Internet I REFER to the letter on the OCBC Capital Guaranteed Investment March 2003 fund, ("Why such hefty performance fee for OCBC fund?", Mailbag, Sept 5). First of all, I wish to clarify328 words
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190 2000-09-06 9 Peter Rose, Charles Newton - Peter Rose, Charles Newton WE refer to the letter by Teo Kwee Bin published in BT on Sept 1. The Privatisation Exchangeable Notes (PEN) issue was structured as an institutional offering based on the book-building method, followed by a retail offering. Global institutional investors190 words
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Article134 2000-09-06 9 Yee Yang Shane - Yee Yang Shane I REFER to the column in your Property page, "So much land for golf courses?" (BT, Sept 5). I wholeheartedly agree with your columnist Lee Han Shih that there is too much land set aside for golf courses already. It134 words
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Advertisement187 2000-09-06 9 Ai'o m Y<. Li Are Lisienin* i You Listening? i #3* i in 7 TM World Space (Ry mmm This is what golf is all about. JBSS&k Finally, ffiMW that dimpled white sphere called the golf ball. Amidst greenery obsession where the We outlets across the of popular golf balls187 words
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e-NEWS
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Article, Illustration636 2000-09-06 10 WASHINGTON Federal antitrust lawyers want firms to keep high-speed cable lines open AP FEDERAL antitrust attorneys, fearful of a media juggernaut that could control the Internet, are prepared to block the America OnlineTime Warner merger unless the companies agree to keep open their high-speed cableAP; AFP - 636 words
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Article531 2000-09-06 10 Quak Hiang Whai - Companies in multi-million dollar buys include free e-mail provider, sports site Fromi Quak Hiang Whai in Hongkong TOM.COM, a Hongkong-listed portal controlled by Li Ka-shing, yesterday unveiled three more acquisitions to boost its mainland exposure, including a free e-mail provider controlled by Tom.corn's own531 words
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306 2000-09-06 10 HONGKONG Bloomberg SUNDAY Communications Ltd said its loss narrowed 38 per cent in the six months through June, putting it on track to post its first profit next year. Sunday lost HKJ27B million (5161.4 million), or 10.3 HK cents per share, in the firstBloomberg - 306 words
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232 2000-09-06 10 HARLEM, Netherlands Bloomberg LYCOS Europe, an Internet service partly owned by Bertelsmann, said fourth quarter loss wklsned 11 Ones to 52 million euros (5580.6 million) amid rising coett for marketing. It said the ftill-yeer loss grew to 58.7 million euros from sBloomberg - 232 words
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169 2000-09-06 10 SEATTLE They create new common langnage for finding each other AP THREE high-tech companies have teamed up to provide online businesses with a common language for finding each other and conducting transactions over the Internet. Microsoft Corp, IBM Corp And Ariba Inc have teamedAP - 169 words
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Article, Illustration793 2000-09-06 11 Willie Cheng - There's a lot of confusion over just what kind of business model works. Getting it right gives you a HhT clearer direction on how to proceed with your business Willie Cheng Willie Cheng (willie.cheng@ac.com) is the country managing partner of Andersen Consulting in Singapore, and chairmanFILE PHOTO - 793 words
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Advertisement756 2000-09-06 10 The HourGlass Limited (Incorporated in the Republic of Singopore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company win be held at Mandarin Singapore. Room 831. Bth floor. South Tower. 333 Orchard Road Singapore *****7, on Thursday, 28 September 2000. at 2:15756 words
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Advertisement680 2000-09-06 10 The Hour Glass Limited (Incorporated m the Reput*c of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 21 st Annual General Meeting of the Company will be held at Mandarin Singapore, Room 831, Bth floor. South Tower. 333 Orchard Road, Singapore *****7, on Thursday, 28 September680 words
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Page 11 Advertisements
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Advertisement318 2000-09-06 11 Welcome to ec.Think, a new series on key issues facing businesses in the e-Economy. r The se™ 3 its name from a private sector consortium formed recently with the aim of helping to define and promote Singapore's eEconomy ec Think m. currently comprises Andersen Consulting, Cisco Systems, Compaq Computer, EMC318 words
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Advertisement20 2000-09-06 11 154 FACTORY/ WAREHOUSE SALE Check out the special offers here to bag great bargains. fja CAT* The Straits Times Classified20 words
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Advertisement99 2000-09-06 11 Digital H•'<>«* f 1 < tisi 40+Audlo St Mu 1t i m c_* tl i a Cllcl I l i i O IS Crystal Cl©ar Sound n A i oss 18 11 mezo n c^s 24/7 i Available at: Safe Superstore Holding Pte Ltd at Lot I Shopper's Mall Pertama99 words
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EDITORIAL & opinion
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Article, Illustration721 2000-09-06 12 thomas friedman - THEJHHH ■IDlOllißlllH OPINION thomas friedman NYT THE sinking of the Russian submarine Kursk was a tragic but incredibly illuminating example of the transition the world, and Russia, are now going through from the Cold War system to the globalisation system Unfortunately, there's always someNYT - 721 words
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Article99 2000-09-06 12 'Mountains are a metaphor for life and leadership. We talk about getting to the top and the challenges to get up.' Michael Useem who teaches leadership at the Wharton School at the University of Pennsylvania, on why a management class is climbing a 18,200 ft peak near99 words
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Article644 2000-09-06 12 EDITORIAL US President Bill Clinton's decision not to press ahead immediately with the controversial national missile defence proposal seems to have been based on both a realistic look at the technology on offer as well as the strategic ramifications of starting another arms race. But644 words
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Article, Illustration1025 2000-09-06 12 Appropriate technology infrastructure and security policy can ensure secure Internet service RECENTLY, Britain's National Crime Squad arrested three men suspected of attempting to rob the Internet bank Egg. Egg, majority owned by Prudential, has 1.1 million customers. The three men allegedly made multiple bogus applicationsFILE PHOTO - 1,025 words
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Article, Illustration1017 2000-09-06 12 Allifflt f 1 AUSTRALIA says it will stop co-operating with UN human rights investigators. It will prevent UN staff from looking into the treatment of Aborigines. Canberra claimed the UN has focused on small matters, while ignoring huge human rights violations by violent dictatorships. In deciding1,017 words
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MALAYSIA news
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296 2000-09-06 13 KUALA LUMPUR Analysts see move as attempt to appease nervous investors Reuters AFP Bloomberg MALAYSIAN power utility Tenaga Nasional Bhd, in a bid seen to appease markets, yesterday offered the post of president and chief executive officer to former executive chairman Ahmad TajuddinReuters; AFP; Bloomberg - 296 words
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MARKET moves
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Article48 2000-09-06 13 Bloomberg [KUALA LUMPUR] The market's largest stocks rose as investors deemed the Composite Index's 6.9 per cent fall in the past three trading days as unjustified, given earnings potential of the companies. Malayan Banking Bhd gained 30 sen, 2.2 per cent, to RM14.10. BloombergBloomberg - 48 words
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Article29 2000-09-06 13 Bloomberg [KUALA LUMPUR] Telekom Malaysia Bhd climbed 20 sen, or 2 per cent, to RMIO.OO, after dropping 11 per cent in the past three trading days. BloombergBloomberg - 29 words
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Article31 2000-09-06 13 Bloomberg [KUALA LUMPUR] Tenaga Nasional Bhd, which had its biggest drop in two years when it fell 9.8 per cent on Monday, rose 10 sen to RMII.IO. BloombergBloomberg - 31 words
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564 2000-09-06 13 Vikram Khanna - MALAYSIA-SINGAPORE BOSDtESS FORUM He suggests banking, port services and telecoms as possible areas of cooperation Reports by Vikram Khanna SINGAPORE and Malaysia should work towards a "two countries, one system" model, whereby the legal, regulatory and accounting systems as well as corporate564 words
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Article, Illustration320 2000-09-06 13 Govt, business are comfortable with the peg: finance ministry adviser MALAYSIA has no plans to modify its currency peg, a key policy-maker said yesterday. Speaking at the Malaysia-Sin-gapore Business Forum, Malaysian finance ministry adviser Mustapa Mohamed said the country's government and business communityCHRIS LOH - 320 words
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258 2000-09-06 13 KUALA LUMPUR AFX-Asia TELEKOM Malaysia Bhd may study the possibility of merging its subsidiaries with strategic partners rather than merge with a foreign telecommunications company at group level, Malaysian Business Times reported, quoting Telekom Malaysia chairman Mohd Radzi Mansor. Instead of merging twoAFX-Asia - 258 words
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Advertisement246 2000-09-06 13 w%k V .«o*t 0 U i--^^'^l^^^iMMMßiMi^^Bi^iaK^ r -M^lBlilßPlil^^Tr^ „.oo v :r < i^^^^^^Sffl^^^^p l ffi! Bl !Ms^ t \!r ,■;*~i" --ry*»-'- **?<*:r\? £*f~ p ■'-,*!..>•<••*',.• ,V' g#*#*?&<*spf. ■-?•<'» •*t rr£,, v TV :> Finally, a fund that enhances returns and gives you ready access*to your money. Impossible? You can with246 words
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SOUTH east asia
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Article, Illustration316 2000-09-06 14 JAKARTA Bat the sector's recovery is hampered by politics AFP THE outlook for Indonesia's banking sector is in the stable to positive range, but its recovery is hampered by erratic legal decisions and political instability, Moody's Investors Service said yesterday. In a statement received here,AFP; REUTERS - 316 words
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NOTE Book
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85 2000-09-06 14 Reuters [BANGKOK] The monetary policy board of Thailand's central bank yesterday kept all its economic projections unchanged, despite concerns among some economists that inflation could be picking up and growth slowing. Board member Chalongphob Susangkarn told reporters the board maintained the central bank's 14-day repurchaseReuters - 85 words
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69 2000-09-06 14 AFP [JAKARTA] A court yesterday confined former Indonesian president Suharto to city arrest for another two months, as a judge trying the corruption case against him suggested he could be tried in his own home. The extended city arrest order is effective from tomorrow andAFP - 69 words
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61 2000-09-06 14 Bloomberg [BANGKOK] Bank of Asia, a Thai unit of ABN Amro Holding, cut its deposit and lending rates by 25 basis points to reduce the cost of funding and to encourage customers to borrow more. Bank of Asia is paying the lowest deposit rateBloomberg - 61 words
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97 2000-09-06 14 AFX-Asia [BANGKOK] Thai Farmers Bank is still recommended as a "long-term buy" and expected to outperform the sector as the bank's business and operations policy will continue to place it in a better position in resolving its non-performing loans, an ABN Amro Asia Securities analystAFX-Asia - 97 words
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369 2000-09-06 14 JAKARTA It includes MPs from all groups and president's critics Reuters INDONESIA'S parliament yesterday created a 50-mem-ber team to probe two financial scandals linked to President Abdurrahman Wahid, an exercise expected to trigger more political tension in the embattled country. TheReuters - 369 words
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343 2000-09-06 14 JAKARTA Reuters INDONESIA said yesterday it expected a budget deficit of 52.9 trillion rupiah (5510.9 billion) next year, almost the same as its likely interest payments on government foreign debt for the same time. Anshari Ritonga, directorgeneral in charge of theReuters - 343 words
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Advertisement90 2000-09-06 14 Why should I spend time cemparing IDD rates? Afterall, 1511 automatically connects me to the best rate available. mM mL m tjjfeV fl ...~3m §E j jPPWPWjpp Pflgf IH6^" 'i^Br x*_ I < a ifl^Er>f A W jßf JM JV j| M WfM k^l An Innovative Service Licensed By Participating90 words
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Advertisement137 2000-09-06 15 J 'cJbT HHbkk, d mp I 7. <* jkLzsz. *> r- Congratulations! You have made your mark on world trade. LOCAL CATEGORY Creative Technology Ltd Keppel FELS Ltd Salcon Ltd Singapore Technologies Engineering Ltd Wilmar Trading Pte Ltd FOREIGN CATEGORY BAX Global Pte Ltd Cargill International Trading Pte Ltd Danzas137 words
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EAST asia
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508 2000-09-06 16 Quak Hiang Whai - There were 10,473 transactions last month, np 34% from previous month: Land Registry From Quak Hiang Whai in Hongkong BOOSTED by the strong economic rebound and the government's market propping measures, the recovery in the Hongkong property market looks on track with the508 words
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447 2000-09-06 16 BEIJING Move seen as first step towards free trading in yuan AP Reuters CHINA'S central bank announced yesterday it will ease controls on foreign currency lending and deposit rates, a first step towards allowing eventual free-trading In the virtually peggedAP; Reuters - 447 words
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Article, Illustration392 2000-09-06 16 Quak Hiang Whai - Ynan convertibility still under study, says central banker Prom l Quak Hiang Whai vn Hongkong CHINA'S central banker Dai Xianglong yesterday said Beijing would consider allowing the renminbi to trade within a wider band if necessary, but those changes would not be too large.REUTERS - 392 words
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326 2000-09-06 16 TAIPEI Bloomberg TAIWAN will draft rules within three months to allow foreign and local institutions to buy at least NT$7O4 billion (5538.9 billion) of bad loans at banks, hoping to avoid a state bailout of financial industry. "We wouldBloomberg - 326 words
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Page 16 Advertisements
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Advertisement1828 2000-09-06 16 EES GES International Limited Proforma Full Year Financial Statement And Dividend Announcement Group Company sjdoo srooo Latest yea Pravloueyear Change Idedyaa Pravtouahdl Change 1.(1) Turnovar *****1 519 8.000 10.056 -20.4 1 (b) lw—l "com# 0 0 0 0 0 0 1(c) Otw iwktu ndudtog rtml Income 377 534 -29.4 41,828 words
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Page 17 Advertisements
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Advertisement96 2000-09-06 17 10TH ANNIVERSARY CELEBRATION SALE! 10TH ANNIVERSARY CELEBRATION SALE! o 10 th Anniversary > Celebration Sale! W^r^jKSm < A voucher worth $10 is given away m for every $50 purchase during p m our 10 th Anniversary Celebrations. jj This Voucher is exchangeable for jewellery X* hb^ Road (Main facing Upper96 words
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FOCUS peru
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Article, Illustration1395 2000-09-06 18 Chuang Peck Ming - Prime movers of Peru's economic reform speak frankly of their hard work to bring the South American country up to speed with the rest of the world Reports byi Chuang Peck Ming WHEN Peru's Vice-Minister of Economy, Rosario Almenara, met visiting Asian journalistsSource: Co a (National Commitee on Foreign Investment & Technology) - 1,395 words
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Article, Illustration545 2000-09-06 18 PERU wants Singapore to play a role in its economic development. The country is keen on the Republic pumping money into its economy and helping build it into a hub for services in South America. Peru is not only seeking Singapore's investments in projects like545 words
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Page 18 Advertisements
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Advertisement107 2000-09-06 18 Corporate Advantage M M M A For more information fl B H or reservations, please ssll/7 ,65 294 04<7 effective in August f o (65)298-2038 'Superior Room •Complimentary Local Calls sa ,e S@gol «^^i rk ,o m ,g onH Hailv Nmi/cnanar A rat an subject to 10% service charge ullU107 words
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SOUTH asia
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193 2000-09-06 19 AFP [GUWAHATI, India] Indian defence scientists say that they have identified the world's hottest chilli, with a kick that makes the previous Mexican pretender to the title seem positively bland by comparison. Experts at the Defence Research Laboratory (DRL) in the army garrison townAFP - 193 words
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Article, Illustration322 2000-09-06 19 BANGALORE AFP AN easing of visa regulations and increased investment will top the wish list of Indian IT leaders accompanying Prime Minister A B Vajpayee on his US visit this week. "The easing of HBI work visas is theAFP - 322 words
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363 2000-09-06 19 NEW DELHI Two state-controlled firms will take over 4 refineries to help them compete better with private firms Bloomberg Reuters INDIA hopes to raise about 18 billion rupees (Ss67l million) from the sale of its stake in four state-run oilBloomberg; Reuters - 363 words
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143 2000-09-06 19 BOMBAY The airline has submitted the plan to govt for approval AFP INDIA'S state-owned Air India has sent a proposal to the government to reduce its workforce by 1,000 employees, officials said on Monday. The Voluntary Retirement Scheme (VRS) was sent to theAFP - 143 words
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Page 19 Advertisements
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Advertisement115 2000-09-06 19 This luggage is FREE Polo club world op The POLO CLUB Campua 009 formidable combmaboo 0/ tough ethylene vinyl acetate and teflon coated high density polyester What's more, It Is expandable to inetantty add another 30% mora padong space. Buy a 24" case AvafebfeaC H The Planet Traveller #03-121 Marina115 words
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Advertisement1130 2000-09-06 19 Legal Studio.com Legal Documents Check it out at: www.legalstudio.com 1 Since 1975 our worldwide staff of over 275 multi-disciplined professionals V' W •< Vlj including lawyers, chartered accountants a K chartered secretaries and bankers have i' A provided confidential and cost effective company formation in all the ma|or low |p1,130 words
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Page 20 Advertisements
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Advertisement2909 2000-09-06 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 mn^nw!—■ THE COMPANIES ACT, CHAPTER S8 Section 298(2Mb> NOTICE Of RESOLUTION WAN YEH ENGINEERING PTE LTD (la Members' Voluntary Liquidationi Al an Extraordinary General Meeting of Wan Yeh Engineering Pie Ltd at 203 A I .avender Street. Singapore *****32,909 words
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Advertisement949 2000-09-06 20 THE COMPANIES ACT, CHATTER 50 Section ***** Mb) NOTICE Of tESOUmON STANDOX SOUTH EAST ASIA PTE LTD (In Members' Voluntary Liquidation) Al or ExJroordmofy General of Stondox South Eon Ana Pie Ud held al 9 Crott Street 11-00 PWC Bu.ld.nfl Singapore *****4 on the 30th day of Augutf 2000. ihe949 words
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WORLD news
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537 2000-09-06 21 ZURICH All because it, and other banks, had accepted dictator's dnbions cash FT SWITZERLAND has severely reprimanded Credit Suisse, the country's second biggest bank, and more than a dozen others for accepting US$66O million (551.14 billion) of funds from the family of the former NigerianFT - 537 words
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374 2000-09-06 21 LONDON Reuters SAUDI Arabia's Sheikh Ahmed Zaki Yamani is in little doubt petroleum prices now spiralling out of control will prove a last hoorah for Opec oil power. For the former Saudi oil minister, the return to US$3O a barrel crude has onlyReuters - 374 words
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Article, Illustration360 2000-09-06 21 WASHINGTON Reuters Bloomberg FACING the threat of criminal and civil actions, Japan's Bridgestone Corp on Monday recalled more Firestone tyres linked to deadly accidents in Venezuela. But the day also brought some good news for the embattled company, which reached a tentative agreementReuters; Bloomberg; AP - 360 words
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Article386 2000-09-06 21 LONDON Mm prompted in part by climbing oil prices over the past six months The Daily Telegraph FT ROYAL Dutch/ Shell, the AngloDutch oil group, on Monday unveiled plans to increase its exploration and production spend in the mature North Sea fields to £1.2The Daily Telegraph; FT - 386 words
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Battle of the bourses
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Article, Illustration437 2000-09-06 22 Influential LSE shareholders declare no-confidence in exchange's executives FT AN influential group of shareholders of the London Stock Exchange on Monday voiced no confidence in its top executives, adding to intense pressure on the exchange to abandon its merger proposal with Deutsche Borse. "We haveFT; AP - 437 words
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411 2000-09-06 22 Euronext, Reuters decline comment on possible bids NYT The Daily Telegraph LONDON Stock Exchange (LSE) shares hit a new peak of £31.50 on Monday as speculation grew that the 200-year-old stock market is facing a bloody takeover battle. The shares laterNYT; The Daily Telegraph - 411 words
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413 2000-09-06 23 LONDON AFP Reuters THE European Commission (EC) yesterday condemned high oil prices as "unacceptable" for importing nations and the world economy, and said it will seek a common European front to combat them, a spokesman said. The commission believes the current oilAFP; Reuters - 413 words
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Article, Illustration364 2000-09-06 23 LONDON Falling demand from borrowers leads to low lease rates Bloomberg WORLD gold lending by central banks and private holders, which peaked last year, is set to decline as falling demand from borrowers keeps lease rates low, a gold consultancy said in industry-spon-soredBloomberg - 364 words
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461 2000-09-06 23 Leon Hadar - Though White House is keen to see the bill passed, there are moves to postpone a vote Prom\ Leon Hadar in Washington US senators, returning to Washington from their summer recess, will start debating this week the landmark legislation to grant China permanent461 words
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629 2000-09-06 23 Anthony Rowley - But they agree on broader security tie-up, science and technology accord Frorrii Anthony Rowley in Tokyo RUSSIAN President Vladimir Putin ended a two-day official visit to Japan last night with no sign that the territorial dispute that has blocked the signing of629 words
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Advertisement686 2000-09-06 21 Legal Studio.com™ H &tr.tne6shi& Aaceemeafo Stttwrn m W Jfl Cuasufoiag Notes Agmwießte Download low cost legal documents at www.legalstudio.com I (t LABROY MARINE LIMITED (Incorporated in the Republic of Singapore) 2000 INTERIM RESULTS The Directors of Labroy Marine Limited wish to announce the unaudited results of the Company and the686 words
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Page 22 Advertisements
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Advertisement131 2000-09-06 22 Ring road in Beijing stops European traffic. Without warning last year, Chinese authorities issued The intention was to protect the ailing Chinese business. To get your subscription for the FT, simply an edict that all sports utility vehicles except for automotive industry. This has in turn slowed down call (852)131 words
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Page 23 Advertisements
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Advertisement1117 2000-09-06 23 Legal Studio.com"' —i Need low COSt Legal Solutions fwyow Business? Get your answers at www.legalstudio.com Birthday Party? www.tunglok.com r—jWNATEXIS Mr BANQUES IPOPULAIRES COMPARATIVE CONSOLIDATED BALANCE SHEETS m» —m Hjgg Imtl in miions of EUR EUR UaMHIiM A <WlKtWf equity in mHons of EUR EUR Cash, central banks and post office1,117 words
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Page 24 Advertisements
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Advertisement170 2000-09-06 24 CONGRATULATIONS TO AVAYA, The Former Enterprise Networks Group Of Lucent Technologies On Your New Identity. We can give you almost a million reasons why we're changing the way business communicates. f Announcing the birth of a new company that's been in business for 130 years, toaya™. With almost a million170 words
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FINANCE & commodities
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333 2000-09-06 25 Chan Yet San - SOX Derivatives Tradingßeports ST bdex/MSdS'porfl Index Chan Yet San THE Singapore stock market yesterday fell back on a slow moving day. The Straits Times Index declined by 12.16 points or 0.56 per cent to end at 2,177.9 points. Within the index, 14 counters advanced333 words
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251 2000-09-06 25 Chan Yet San - MSCI Taiwan Index Chan Yet San THE Taiwan stock market feU for the first time in three days yesterday on weakness in the banking sector. The MSCI Taiwan Index lost just 0.26 points or 0.08 per cent to end at 342.21 points. A251 words
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Article180 2000-09-06 25 ENERGY REPORT AFP [LONDON] Oil prices flirted with 10-year-high points yesterday, prompting fresh calls for action from Opec to cool down a market that threatens Europe with social and industrial unrest, and inflation. A day after setting a new decade-long record of U5532.80 a barrelAFP - 180 words
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Article330 2000-09-06 25 Reuters TiiHulffn THE euro fell to within striking distance of record lows against the US dollar yesterday as its tentative bounce from last week's troughs reinforced perceptions that its life-long woes were far from over. As a respite given by soft US jobs data on Friday and aReuters - 330 words
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Article, Illustration1206 2000-09-06 25 ntTBKBAMM CROSS RATBS se^5 A$ C$ It far* FTr Dm HK$ Yea Wm 9U HZjHk ft P«M S$ tmt Sir 87$ tm Hm* USS Antra** 0847 4.769 0*41 4.202 1253 4.481 ***** ***** 6250 2.183 U4I ***** ***** 0992 4.012 0.994 ***** ***** 0295 0575 Canada 1181 5.633 0757 4.9631,206 words
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Article1765 2000-09-06 25 SICOMPUTURBS Sep 5 ■WE* 5J0F» RSSICOMTIACTOcMtsAt) CM VMM Opts MMlk M* in s*tt (tawHs) Oct 00 tS.00 Not 00 WJS Ok 00 DUO Jan/Mar 001 ***** KSS3C0NTtACT(UScMb/he) VMM Opoa Mm* HIM Uar $ott (t—m) Mrwt OdOO 6175 2750 NW00 66.75 1450 toe 00 6650 2100 Jatftar 01 72.00 1M35 T»1,765 words
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STOCKS east asia
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Article, Illustration2814 2000-09-06 26 HOKGKONG Bloomberg Q Hang Seng -130J6 HONGKONG stocks fell, led by HSBC Holdings and other banks and developers as investors bet the groups' more than 25 per cent advance since July outpaced their earnings growth outlook. The Hang Seng Index fell 130.95 points,Bloomberg - 2,814 words
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1997 2000-09-06 26 TOKYO Bloomberg □ttkkaas -236J4 JAPANESE stocks fell yesterday, led by Sony Corp and Advantest Corp as companies sold shares in one another and from their stockholdings before the end of the fiscal first-half. The Nikkei 225 stock average lost 235.94 points, or 1.4Bloomberg - 1,997 words
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Article, Illustration987 2000-09-06 26 Reuters Qgnwmiafa -m CHINA'S hard currency B shares closed lower after thin trade yesterday as the recent powerful correction forced most investors to the sidelines, analysts said. The Shanghai B Share Index ended down 2.83 per cent at 66.65 points. Turnover was light at U5524.25 million, although that wasReuters; Source: Credit Lyonnais Securities (Asia) Ltd - 987 words
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Article353 2000-09-06 26 AFP Q TP Index -17.40 TAIWAN share prices closed 0.2 per cent lower yesterday as investors locked in profits, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 17.40 points to 7,785.62, following a 1.2-per cent rise in the previous session. Turnover was NTSBB.B6 billion against NT5120.61 billionAFP - 353 words
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Page 26 Advertisements
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Advertisement11 2000-09-06 26 Bringing THE ARTS to another level The Business Times every Saturday11 words
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STOCKS klse
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Article, Illustration398 2000-09-06 27 AFP W Composite Index +&06 MALAYSIAN shares closed 1.1 per cent higher yesterday on a technical rebound in thin volume after two days of heavy losses, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 8.06 points at 751.58 points. The secondAFP - 398 words
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Article7199 2000-09-06 27 ■Dlisnuu 2000 Vdt D»» c High low rirr>i-T ton 'OOP HH» Low PH. SmM 420 310 AjlnoflWto -MO -U *62 60S M2 158 60.5 Anghou —*9A ooi aa2 9 7 179 2 670 290 AOOHO FoodHlQ446 4 3 440 446 3725 2700 MT»C__Z MOO unci. 616 34* 3400 42* *****7,199 words
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Page 27 Advertisements
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Advertisement21 2000-09-06 27 A master of cooking. Or one who just knows his carats. Get the expert. HR fl TlMiStraiteTlmes Call 1800 741 188321 words
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SGX clob & regional stocks
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Article2822 2000-09-06 28 BONDS A WARRANTS seps W1 Ms M la* M taf laaMM kw% mm Ctm Uar Mx am mm lot m *m- nwn u» m> m« mumh m> nw un 51.5 12 > Acma ******4 12 -1 35 123 12 12 13 13 41.0 1 300 17* 9.42 10 38 42,822 words
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Article540 2000-09-06 28 AFP QADOrdmarin +74 AUSTRALIAN share prices closed 0.2 per cent higher yesterday in lacklustre trading following a technical glitch that delayed the start of trading for 90 minutes, brokers said. The benchmark All Ordinaries index closed 7.6 points higher at 3,307.0, while the SP/ASX 200 finished the day upAFP - 540 words
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Article, Illustration757 2000-09-06 28 Bloomberg SET Intel -0.76 THAI banks and finance companies such as Bangkok Bank and Kiatnakin Finance fell yesterday on concern over the slow pace of debt restructuring. The SET Index fell 0.76 points, to 308.25 points. Losers led gainers 69 to 62, with 255 unchanged. Trading was worth 1.2Bloomberg - 757 words
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Article, Illustration704 2000-09-06 28 AFP Q Composite Index +106 INDONESIAN share prices closed 0.6 per cent higher in thin trade yesterday with active buying in select blue chips but selling pressure in the broader market. The Jakarta Stock Exchange Composite Index closed up 3.06 points at 478.42, on volume of 447.3 million sharesAFP - 704 words
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Article273 2000-09-06 28 AFP QNXSE-40 -5J2 NEW Zealand shares closed down 0.3 per cent yesterday in quiet trade in the absence of fresh leads, dealers said. The NZSE-40 Capital Index lost 5.92 points to 2,105.46 on turnover of NZ569.73 million. Among the leaders, Telecom was down 4 NZ cents at NZs6.sl— AFPAFP - 273 words
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Article304 2000-09-06 28 AFP n Composite Index -2J06 SOUTH Korean share prices fell 0.3 per cent yesterday with the Composite Index down 2.06 points at 679.24. Volume was 206.9 million shares. AFP m AnamSanM *750 -280 Brain TacH 840 -W C antral Bank 640 uncK CnmComm H3500 WOO DM Gu Bank 1905AFP - 304 words
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Article275 2000-09-06 28 AFP Fl Composite Index +10.12 PHILIPPINE share prices rose 0.7 per cent yesterday with the Philippine Stock Exchange Composite Index gaining 10.12 points to 1,542.76. Volume rose to 454 million shares worth 732 million pesos from 176 million shares worth 341 million pesos on Monday. AFP S*«5 Pesa (000)AFP - 275 words
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Page 28 Advertisements
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Advertisement7 2000-09-06 28 Business Tools Just imagine life without them.7 words
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Article7817 2000-09-06 29 SGX MA1MB0 ARD Transaction date: Sep 5 Or Or M Wt 92-Wk Last Val Day Last Onata Ot* Dtv YM Nat Caa A** MN> La» Cin»i«r «ala COOP) MM» ta» fit Wl Ww MILTHNMISTVY 161 XX m c Acmi 50c 1U 40 IU HI in "3 I II7,817 words
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Page 29 Advertisements
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Advertisement9 2000-09-06 29 fjl 6 trading ■IHHHHPSMHKV'I M- Singapore *****1 E-mail: apr«sOpocific.r>«f.»g9 words
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Page 30 Advertisements
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Advertisement216 2000-09-06 30 I The first property in Singapore c c to be enabled with FlexiDesigii.com features. CoHgmtuUtimt to gSu N1 u c NTUC Choice Homes Bafl choice on the completion of the Yew Mei Green Executive Condominium m,, mil, V 1 > 1 -1 Sc v BiKlfl. <31 mJUH jß|Bi v ■mB216 words
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Page 31 Advertisements
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Advertisement639 2000-09-06 31 Where to wine, dine and entertain...-? @>fis«r I 1 i Ko\yrioH-'s K<*»vellous KoohCoiVes <nf vjg H<*o Ck'tnese P«*sWy tf\n<A M<**rtoH- M<johc«*W<? COU^R#. 1 Mow Hll I2H\ For years, Marriott's famous mooncakes like White Lotus Seed Paste with Olive Seeds and lotus Seed Paste with Egg Yolks have been sending taste639 words
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Advertisement89 2000-09-06 31 r I Have a feast with the I Vietnamese at Chatterbox Coffeehouse 1-10 September 2000 A-la-caffee and set menus are Air lunch and dinner daily. I Set $28.00♦ per set. 11:30 am to 2:30 pm DINNER: 6:30 pm to 10:00 pm Wfm please call: 831 6291 I Coffeehouse t»i (Uor89 words
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Page 31 Miscellaneous
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Miscellaneous981 2000-09-06 31 *ne ousiness i imes, weanesaay, sepiemoer o, <:uuu Central 3.40 Making of Hollow Man. 4.15 Love Is Payable. 11-30 Inside India. 11 nm\ 4.00 Smart Guv. 5.10 Home In 168. 12.00 MN The World To- m> m 9.00 AM Kids Central: Sesa 4JO Cinema. Cinema, Cine- night. &'H me Street.981 words
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Miscellaneous301 2000-09-06 31 CKVPTIC CROSSWORD ACROSS 5 Manage to find rhymes in OW 1 A people holding falsification EngJisn (7) creates estrangement (10) 7 personalrty with a house in 6 Porridge for a flier (4) Q 10 toXTs-l! h0 96,5 ne 11 Repeated because of a profit to 9 arms ache dreacl be301 words
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THE CEO speaks
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Article, Illustration1293 2000-09-06 32 KENNETH JAMES - In his low-key way, CEO Michael Capellas is engineering a remarkable turnaround, kekmeth james reports KENNETH JAMES IT was a formally suited Michael Capellas who strode into the private meeting room at the Raffles Hotel yesterday for his interview with BT; nothing like the denim-clad guitar-totingSIEW YAW HOONG - 1,293 words
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Page 32 Advertisements
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Advertisement182 2000-09-06 32 UOB BANKING CEO SPEAKS. UOB PRIVILEGE BANKING LISTENS. HMW ije.ii rv&mem -rl~ At UOB Privilege Banking, we translate every in deposits or unit trust investments. Admittedly, Privilege Banking I Ifc';,- I iv t LEGE lW' banking CE o*s vision into results. Which is why we'll isn'tfor everyone. But for those182 words
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SHIPPING TIMES
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Article263 2000-09-06 33 Reuters THE Baltic Dry Index (BDI) rose five points to 1,666 on Monday while the Baltic Panamax Index rose three points to 1,612. The Baltic Handy Index was up seven points to 1,163 and the Baltic Capesize Index gained three points at 2,232. TIME CHARTER ♦CSK Grandeur 2000Reuters - 263 words
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Article297 2000-09-06 33 MX '000 h>5 SS <W CWT Distribution 0.72 0.03 18 Chuan Hup 0.39 -0.01 1387 Cmco lnv*stm*nt 0.19 -0.01 342 Freight Links 0.18 -0.01 135 G8 Holdings 0.63 -0.01 3 Hai Sun Hup 0.41 0.01 363 IMC HoMtngs-HK 5.60 unch 0 Jaya Holdings 0.16 unch 170 KappoiCorp 3.90297 words
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Article, Illustration715 2000-09-06 33 Ann Toh - Newly appointed chairman also expects profitability to be maintained By Ann Toh [SINGAPORE) Japanese carrier Nippon Yusen Kaisha (NYK) expects container volumes this year to rise 8 to 10 per cent, and profitability to be maintained due to continued growth inCHRIS LOH - 715 words
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920 2000-09-06 33 Seafarer - STRAIT TALK lit! Seafarer EARLIER this year we saw a spate of successful shipping events, including Singaport. Now we have another cluster of major conferences and exhibitions spread through September, including of course Martech and Sibcon. Anybody still planning their diary920 words
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230 2000-09-06 33 Daily Telegraph [LONDON] P&O. the shipping and ports group, has said it may invest up to £500 million (Ssl.3 billion) to build Britain's biggest container port at the mouth of the River Thames. P&O confirmed plans to redevelop the huge Shell Haven oilDaily Telegraph - 230 words
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SHIPPING news
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Article, Illustration597 2000-09-06 34 P T Bangsberg - Work starts to create 600,000 sq m of wharf space as part of a project to cost $1.2 billion tfyl P T Bangsberg [MANILA] THE third phase of expansion at China's southern port of Yantian is expected to start next year after approval from the StateFILE PHOTO - 597 words
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288 2000-09-06 34 [SINGAPORE] The Grand Alliance of Five shipping lines has added Port Klang to a third loop of its Eu-rope-Asia service, making the Malaysian port a feature in three out of the five service loops it operates. Loop EU3 calls at288 words
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Article298 2000-09-06 34 PAGE ECU Line 6 Accord 8 ESP Lines 13 Ahrenkiel M Evergreen 6 Appenship 5 foongSun 5 AsiaOCL 13 Frt Links M Assets 8 F 7 Austral 8 L nh Avant 14 Gemartrans 6 8 tang Mas 8 Genshpg U BSA 7 Global 13 BTL 14 Clory298 words
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Article19980 2000-09-06 40 THERT TSTNFSSTTMES EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vnul Voyage Telephone SIN Dest'n Name Nam* Number Number SIN Dest'n Nam* Nam* Number Number To AOABA (AOJ) 2023 Jordan To ABIDJAN (ABJ) 2003 Cote D'lvoire u/os 05/10 Nortrans heron 7/00 u-usuoo a/09 28/8 COSCO EMPRESS19,980 words
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SHIPS IN PORT
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Article720 2000-09-06 47 Vessel Voy No Berth Arrival Departure WlnsU aosoo 05/09/7:15 05/09/20*0 c 05 S«fl JX) 05/09/900 05/09/15:00 B4vsw4t*fll8 MO 218 J03 05/09/9:05 05/09/16*0 Rovai FrMOh 171 J02 05/09/8:30 05/09/17JO 7ZL i J*T 21 J02 05/09/8:55 05/09/23*0 aTsiati ***** J01 05/09/8:00 05/09/23*0 mnrtransMO? 62/00 J15 05/09/10:15 06/09/6*0 I!mtr«K«08 Kp005 J16720 words
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Article1972 2000-09-06 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/Bounce Rstls Ship Voy No Etb/Btr Period From To From ACX ULAC 0*A 1/7 00 N 04/1500 OVUM Apr-00 U 04/1700 05/0659 05/0*00 n 04/1700 05/0*54 05/0*00 05/0700 05/1159 05/1400 4 05/1200 05/1459 05/1700 ACX RAffLXS 0411 5/23-00 U 04/15001,972 words
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Article203 2000-09-06 47 Sep 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival. Sep 13 Hong Kong: The day following Mid-Autumn Festival. Sep IS 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:203 words
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Article814 2000-09-06 47 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indi cated The Cockett Bunker Price Index814 words
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Article517 2000-09-06 47 Carbon 180 Max 990.2 0.7 15.4 0.08 77 0.05 Am 31 Density Keltr Rtsxtu* Ash Aluminium Sediment No above E25 0 0 1 0 0 0 1 r-rjr 380 Aw 987.6 0.6 O.O 0.07 34 0.02 380 Max 997 J 6.9 17.4 0.17 65 0.07 BW1517 words
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AIR & LAND transport
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Article, Illustration348 2000-09-06 48 Suggestion made by EC as part of consultations with the airlines Reuters [LONDON] The European Commission has suggested that a sale of KLM Royal Dutch Airlines' low-fare carrier Buzz would address some competition concerns in any merger with British Airways pic, a sourceReuters; FILE PHOTO - 348 words
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Article, Illustration42 2000-09-06 48 [WASHINGTON! American Airlines flight attendants Tim Weston, right, and Heidi Prayon meeting reporters outside the American terminal at Washington's Reagan National Airport on Monday where they called on the airline to open negotiations/or a new contract. APAP - 42 words
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427 2000-09-06 48 Deal pots it among world's top 3 logistics companies FT [NEW YORKJ TNT Post Group (TPG), the Dutch post and logistics group, moved into the top three global logistics companies with its biggest acquisition to date of CTI Logistx of the US. ItFT - 427 words
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425 2000-09-06 48 Bloomberg [SEOUL] Korea Aerospace Industries Co, said talks to sell a 35 per cent stake to Boeing Co and BAE Systems have been extended as both sides try to reach agreement. The talks on the sale of part of Korea's dominant aerospaceBloomberg - 425 words
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215 2000-09-06 48 AFP [CAIRO] Egypt will set up its own plane crash investigation body modelled on the US National Transportation Safety Board (NTSB) after two recent crashes left scores of Egyptians dead, newspapers reported yesterday. Transportation Minister Ibrahim al-Dumeiri took the decision inAFP - 215 words
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LOG Book
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88 2000-09-06 48 AFP [MADRID] Shares in the Spanish airline Iberia will be floated on the Madrid stock exchange in early November, airline president Xavier de Irala said yesterday. The flotation will complete privatisation of the airline. But the listing of 54 per cent of IberiaAFP - 88 words
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Article98 2000-09-06 48 Bloomberg [KUALA LUMPUR] Malaysian Airline System Bhd, Malaysia's flag-carrier, plans to raise its airfare to the southern Indian city of Madras, prompting complaints from Malaysia's Indian minority, the Star newspaper reported. The proposed 19 per cent increase from Sept 15, has prompted travellers toBloomberg - 98 words
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79 2000-09-06 48 AFP [FRANKFURT] German airline Lufthansa said on Friday that passengers would be able to use personal electronic equipment on board all flights in future, but that mobile phones were still taboo. Passengers flying on Lufthansa, Lufthansa City Line and Condor aircraft would beAFP - 79 words
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84 2000-09-06 48 AFP [DHAKA] Bangladesh's fourth private airline is to start operations in December on domestic routes, officials said here on Friday. South Asia Airlines, which also aims eventually to cover the entire South Asian region, is now training its pilots in Bangkok and technical staffAFP - 84 words
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Article1955 2000-09-06 48 OTT FIKMT ETA FLIGHT ETD S0/VK175 *30 S0/VW176 1035 MMaMt MUM *50 9S*i V«10 INUR *50 Natral TC40T 1540 T6408 MO *30 *50 MMI AW7 *8 Am 2135 tammim w.0043 0435 hlosm 2255 orm W5 $023 0645 ****** 2325 MTHMW SOW* MB J" 5(18 2MS MCMHMCRf1,955 words
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189 2000-09-06 48 AFXAsia [MELBOURNE] Qantas Airways Ltd said it rejects allegations by Ansett Australia Pty Ltd that Qantas' advertising wrongly portrays it as a sponsor of the Sydney Olympic Games. Ansett said that newspaper advertisements by Qantas featuring a large photograph of sprinter Cathy Freeman,AFX- Asia - 189 words
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Page 33 Advertisements
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Advertisement140 2000-09-06 33 Urn WIAHWi/ si boon 2000 1 IKAj\ yh^fjfc^g HP jH '}■w mUm w* This year's Singapore International BuakerUif in*diptl reporting of the Issues concerning Conference will be a watershed. Top on Its tinkering today and In the future. agenda are the bunkering challenges in the new ,*X millennium especially the140 words
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Advertisement1308 2000-09-06 34 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX -SUPER SHUTTLE EXPRESS-D4RSCT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MAAQAMTA SERVICE) vosa VOT ionguch oauas hooston oocago wwtom Meocoanr vissa vot [TTI Pi-Punm! acuutu sawtooaco cownto picmwu mmuvbituu mui>an OOQHMTAW 340T~ ~M/M nJW~ 74/ M 77/1,308 words
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Advertisement734 2000-09-06 34 lines services represented by (s£Qlk\ Members of the Registry of Members of the AKW.'i Accredited Sh,pping Agents, Singap re Logiiti \&n y Singapore Shipping Association Association g ULY LINE MALI vessel voy Tew Tew eta P. KLANG SPORE MALE Princess Uly VO6OO 14/09 16/09 25/09 Empress lily VOBOO 30/09 02/10734 words
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Advertisement1733 2000-09-06 35 ©Cactaaw Wviu Haribt HANJIN SHIPPING Ikl-1 tttsMy«U» -Sote *****30 HANJIN SHIPPING (S) PTI ITD In* //w— hour can BOOKING *****35 737 SAI£S *****74 731 DOCUNfIfI *****71 774 OffMTKHfi *****50 751 MAJN LINE *****55 f« 53*1145 CI *0 **********0 M TO NW USA CANADA I USA CANADA* vsi/vor rsrpa u*haul/vot suH1,733 words
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Advertisement1641 2000-09-06 36 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANAPA Vtsstl VOV SW LfH HTM <UW HAM MV FU VtSStl HOT S» GIT SFt H» W.C MTU HMUN SAN FRANCISCO OH*W 05 N B 73 H 25 H SI 27 M it* MORCSattTOR (M3W MM »H 27 M 2* If II II Mil1,641 words
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Advertisement1090 2000-09-06 36 am MAfc-IIEIS S'PflBE M'SIA I Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I U[\-A" I QHMOH2OOS7SOOOOC SWU: (084) *****9 MANILA: (632) *****24 V w 7 PENANG: (04) *****36 BANGKOK: (862) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUQBMG (082) *****1-3 HAIPHONG HO CHI MiNH1,090 words
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Advertisement737 2000-09-06 36 Si EXPRESS CONTAINER FEEDER FOR N SHEVA (CFS MUIUNO MUMBAICOIOMBO ALSO ACCEPTING TO MI NORTHERN AND WESTERN I C O POINTS VMMI S PORE N SHEVA COLOMBO PKLANC TULSIDAS Vl3O 10 SEP 19 SEP 23 SEP ZtSEP CAPE CREUS VI 1?W 17 SEP 26 SEP 30 SEP Ot OCT CAPE737 words
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Advertisement1755 2000-09-06 37 IOVESSEL VOY HKG KHH SIN PKL PXB BAB DMM BIK IRAN TEHRAN PCL-170 01/09 03/09 09/09 10/09 17/09 18/09 20/09 22/09 IRAN TABATABAEI PCL-171 08/09 10/09 IS/09 13/09 23/09 24/09 26/09 28/09 IRAN KERMAN PCI-172 16/09 14/09 20/09 21/09 28/09 29/09 01/10 03/10 IRAN ISFAHAN PCL-173 20/09 19/09 23/09 24/091,755 words
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Advertisement1240 2000-09-06 37 RJttOPt EXPRESS SERVICE EXPORT I" IMPORT HSSfI. .VOT .SM .UM m_A« MAH JKY M YBiU VOT .DM UAH FU UM SHI HJ WILMINGTON 013W 11.00 29 00 01.10 02 10 03 10 04/10 05/10 HJ WASHINGTON OTOt 17/0 i 10 ■OS 21 M 24 08 10 00 (Vaipha .oijw .19.001,240 words
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Advertisement908 2000-09-06 38 lIUROff /UK/SCANDINAVIA/FINLAND/RUSSIA SERVICES EXPORT mw AISO ACCEPTING CARGO TO AND FROM:- FINLAND DENMARK. SWEDEN. RUSSIA I NORWAY MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VISSR/VOTAg I SGP |G» Vwloß ImU I-hTmV IMP IzH It ULYSSES OOWflO* 10/01 f 2M»'3&U9 *01/10 ITUNIBOO4OO42W 17/01 WA»bi/io'cno ovioVio OVIO *07/10 (R/10 LI UNCOR* 0041 00IW ALSO ACQPTING908 words
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Advertisement500 2000-09-06 39 1 BSA i.l MM* MYANMA llßßk FIVE STAR LINE vT (Myanmar National Line) Loading (or Yangon vessel voy sm pkl pin pgu smwi 94W SU) MONG U 34 07/09 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUI: TU 03-*****00 PKL- HI 03-*****101 rat m 04-2*1240? pgu: ni 07-*****21/4 BANK LINE (A service500 words
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Advertisement1384 2000-09-06 39 \hmne* HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOY SM SOU IB! RIM ANT HAM 6RV IVKSB 1 VOY I SOU I Iflfl RTM I ANT 1 HAM I BRV ISM I HY ADMRAL 32SW 07/09 25/09 30/09 27/09 2S/09 HY KARON 327E 14/01 19/06 16/06 17/06 07/09 NOl CORAL 016W1,384 words
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Advertisement712 2000-09-06 40 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COKDUNEB SERVICE Vtt W W. MM Hi M W W tfIMBtMC Vi M/W 05/0* IS/M 17/W l»/» JJ/W usuMi j« ii/w u/w I»/m 1" M/wit/f* rrm~ masiM ms omt i«/w io/m 01/10 03/10 ot/io viwr m B/wit/ot 07/10 m/m|m/» 11/n FEEDER SERVICE TO712 words
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Advertisement420 2000-09-06 40 tasman orient NEW ZEALAND KIJI NOUMEA BREAKBULK CONTAINERS 14 DAYS FREQUENCY rasa tot mo sm nn pki sun m sn?) nouwmm.GunwmiTft USMMt QWIM *****6 02/W 0«/W 07/W 0»/0» 14/W l»/0» 02/10 04/10 W/IO 12/10 13/10 14/10 15/10 14/10 USJMNCXUSADa *****7 71/01 7VOI 74/W 27/01 01/10 05/10 11/10 30/10 2VIO 21/10420 words
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Advertisement13 2000-09-06 41 \x <ifrfc We connect you to the world. http://www.ptp.com.my General Line: 607-504 222213 words
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Advertisement60 2000-09-06 43 •SBL YANGON See Page S Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD COCOS CHRISTMAS ISLAND J ADAH PODTf WESTERN AUSTRALIA Mir fill r VIII VII Turn to Page 8 Daily TURN TO Page 7 rrrp ASSETS ACCCTC CUIDAUIUCDC fi. U AII AT. CDC DTC IT60 words
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Advertisement49 2000-09-06 44 1 n I I I NKM( I MCW Mvot|M| pai »u rwu m siw p*mj pad crrr Icm hou not won 101 iMI I 05/09 06/09 03/10 I 07/10 14 10 13 10 15 10 [01 mi ?6/w[ 09/W 22/09 17/09 24/09 21/09 29/09 24/10 21/10 04/11 03/11 OS/1149 words
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Advertisement49 2000-09-06 44 citiAf ad Mr.ru.MT WtoM METROPORT SHIPPING SDK. IHD. JINOKOR MERCHANT IME'rROPDKTI n, Ma ImM 42M0 Fh< llhi Mm* l)nl Bn« Myiii MIARINE CO LTD UM}-MSI«I9/73U/*7M Fu:MJMS4IM FARWIDE SNIPPING AGENCIES PTE LTD EXPORT M: 221-M22 (S Ums) hi: 224-IJI4 CT: CHOYAHG PKI: fOW KLANG DSN: UISAH PUS: PUSAN KWT: KWANGYAHG49 words
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Advertisement61 2000-09-06 44 SHIPPING* WAREHOUSING BMOffifffl lotom: Singajxwv I j Dait> Man to Sat < BATAMINIX) 1/111) Aooepnqg KlX\wncntional/Plri)oct/Hea\-> Lift Carpi RerfCT Container lint an: Sinjapiwv I blading Men. Wed Hn (BATAMINIX) II) Accqjtmf I<l A\wT\entKinal/I I niject Heavy Ijfl Carpo Tel: 227 0322 Fox: 222 9330 BotoMMdo Shipping t WfiUwli P,e Ltd61 words
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Advertisement1031 2000-09-06 45 SSAMUDERA SHIPPING LINE LTD 72 Anson Road, #06-01 to 03, Sinfnporo *****1 MAIN LINE/OUTWARD; 532 36M INWARD (DID): 437 23M IMPORT STATUS (DID): 437 2371 INVENTORY (MO): 437 2420 Wobsito hMp://www.somud«ra.<om CR HO. **********0N BOOKINGS UNE: 535 6266 (Celia/Jessico/Mei Chan/Jestynn/Dora/Yvonne/Honim) 8 SLGS/WEEKLY QQQQQQQB 3 SLGS/WEEKLY ivtssa vor sin I jak1,031 words
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Advertisement967 2000-09-06 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO pro m JKT soo WW poo cw oom mi wn w sav »cw taw hoj" HtXGHggj> /MS« 22/04 20/04 01/10 03 10 13 10 01/10 14/10 22/10 17/1) 21/11 22/11 25/11 W/11 04/17 HPKHWM/MH 11/H 14/10 22/10 24/10 03/11 24/10 10/11 11/11967 words
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Advertisement571 2000-09-06 45 ENG LEE SHIPPING CO PTE I7D hfc JJJIIM 110 Uwi) Fax: *****30/***** M T C» ■>: 15«7»tOOOOO( vissn vor sin n* swrrc msthutkm Umon Sw 8 9/00 04/09 04/09 BIW/Dimo UnonSwlll 8/00 04/09 06/09 Banprnavi 'Bontanc OwOwc 16/00 05/09 07/09 Dura/P lani/Buta UmonblnrlZ 9/00 05/09 06/09 Bonnmor Un«xiS»ar?o 07/09 10/09571 words
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Advertisement599 2000-09-06 46 I VESSEL VOY SIN MAA SIN TIGER RHYTHM 831N 07 08/09 12 15,09 20-21/09 TIGER BRIDGE 832N 10-11/09 16-1909 23^24/09 TIGER METRO 833N *****9 1&21/09 26-27/09 TIGER STAR 834N 16-17/09 22 2509 29^30/09 TIGER RHYTHM 835N 20-21/09 25-27/09 03-04/10 TIGER BRIDGE 836N 22 23/09 28-01/10 05-06/10 SIN I XPRESS SPORE599 words
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Advertisement1168 2000-09-06 46 FREIGHT LINKS EXPRESS PTE LTD I 51 Penjuru Road, 3rd Level, v Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: Flesin@singnet.com.sg WEBSITE: www.freighriinks.net FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT A HEAVYUFT CARGO (CONVENTIONAL RORO) Lawrence Lim *****78, H/P: *****977 lawrence@flesin.com.sg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 96881,168 words
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Advertisement1161 2000-09-06 46 I For booking enquiry (all *****80 /Tj\ Website: http://www.ood.com \~V USA CANADA l»fr« SGP LGt 0« ME* tin iioij I l or NTCHOU oJ ia s» OOCL BRIIAIN 36i3t «ff 77/04 77/ VI 78/04 78/04 77/04 I IS/08 14/08 17/08 11/n Tl'M 10/09 OOQ AMERICA 44(37 13/09 79/04 04/10 OVIO1,161 words
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Advertisement86 2000-09-06 46 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYA STAR 0M» 11/09 PORT KLANGPASIR GUDANG JAKARTA CHAHAYA VICTORY 08,09 09*09 JAKARTASURABAYA tbn 11/09 iaro palembangpontianakmedan PANGKAI BALAM (EAST TIMOR) REGULAR SERVICE EX YANGON JUBILANT 08/09 12/09 VISAK/CAICUTTA/ YANGON REGULAR DIRECT CONTAINER BREAKBULK SERVICE TO PORT LOUIS DURBAN EXPORT VOY SIN PTL86 words
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Page 47 Miscellaneous
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Miscellaneous121 2000-09-06 47 legend: Issued by Meteorological Service Singapore R Thunderstorm A Showers #s R a i n Temperature Wind direction and speed in knots Cloudy Oay WM,h< 'j Sea Conditions W.nd speed symbols < 2m w Full circle w/o line indicates calm or light and variable winds -"—One halt tleche represents 5121 words
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