The Business Times, 7 September 2000

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Microfilm: NL21913
Total Pages: 74
1 74 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85C SINGAPORE Internet: nttp://business-times.asial .com.sg/ THURSDAY, SEPTEMBER 7, 2000
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  • Article
    Lock icon MARKET SUMMARY
    74 1 □sn 24(33 (-14.51) BT-SU ***** (-7.12) sr index nnuiEs 2460.00 (-9.00) smsci FUTUIES ***** (-0.50) STOCK HASKET INDICES Wednesday Change KLSE COMP ***** -2.03 NIKKEI 225 *****.87 -52.40 HANG SENG 17,***** +10.01 SET INDEX 302.51 -5.74 JAKARTA COMP __.476.56 -187 MANILA COMP -14.96 TAIPEI WPI 7,610.78 -174.84 SEOUL
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  • Article
    Lock icon FINANCE
    80 1 FOREX RATES USS SI US$ 1.728 £(l S$/S$ per 1449 1604 EUROfUSS/SS/E) 0882 1524 DM 2.218 1.283 YEN 1055 61.20 RM 3500 2.199 HKS 7.799 4.513 BAHT 4117 23.88 Rl'PlAH 8,362 4,838 *SS to {00 units PUKE BATES SINGATORE* 580 KUALA LUMPUR 7.67 JAKARTA MM BANGKOK 9.50 MANILA 11.00
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  • Article
    Lock icon MAS spells out licensing rules for financial websites
    847 1  -  Only those which offer investment advice and deal in securities affected By Catherine Ong [SINGAPORE] Financial websites that offer investment advice and deal in securities will have to be licensed under new laws to be enacted next year for the electronic marketplace,
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  • Article, Illustration
    Lock icon SIA tickets to show fare details
    430 1  -  Breakdown includes amount charged by travel agents By Marissa Chew [SINGAPORE] Come September 16, when you buy a seat on a Singapore Airlines flight, you'll see exactly how much your fare is on your ticket and how much your travel agent is charging for
    CHRIS LOH  -  430 words
  • Article
    Lock icon EDB in drive to make data hosting a $2b a year business
    821 1  -  BTi,vuiiumj S'pore being geared up to be a global hub for digital economy By Tang Weng Fai THE Economic Development Board has set its sights on growing the data hosting and co-location business in Singapore to $1 billion
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      87 1 DCSTOE Exec Suite Knight Frank Singapore turns 60 and is still going strong. Pg 40 Top Stories Dr Tony Tan outlines S'pore's approach to defence science and technology. Next Page Sogo will close its Singapore store on Sept 30. Pg 13 USs6om jet for trav-el-hungry Gus Dur? Pg 17 Thaksin
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      93 1 NTUC launches Trado Insurers need to housing cooperative improve practices Awards m Pgl3 Pg 3-J Engines of Singapore's OCBC Securities offers economy no-commission option r* i "mm-n on Sing Tel shares t'd^^BT Pg 6 /M V 4 I /i J rlt hi ri lr liinps~ j -->► -r- V I
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      16 1 Bow to treat derivatives, securitisation, Pg 4 Corporate debt issues hit $21.2b in Hi, Pg 4
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  • NEXT page
    • Article
      Lock icon S'pore to boost defence R&D
      606 2  -  Defence science can act as a force multiplier to sharpen SAFs combat capabilities: Tony Tan t*y David Boey [SINGAPORE] Despite Singapore's limited manpower and budget constraints, defence science can act as a force multiplier to sharpen the Singapore Armed Forces' combat capabilities, said Deputy Prime
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    • ON THE grapevine
      • Article
        Lock icon Standing up for the GOP
        132 2 NO prizes for guessing Star Hub chief executive Terry Clontz's political affiliations after yesterday's 25th anniversary lecture of the Singapore Investment Banking Association. He was a panel speaker at the lecture by Nobel Laureate Robert Mundell on key trends in the world economy in the
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      • Article
        Lock icon Psyched out
        119 2 HERE'S a dark prophecy on Wall Street's future from a US newsletter called The Gunslinger: "We are watching with fascination as the various elements come together preparatory to a great stockmarket crash. In 1987, bonds started to tank in the middle of August; stocks topped out in the
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      • Article
        Lock icon Poles apart
        126 2 RECENT research published by KPMG Consulting suggests that dotcom and traditional business leaders are as different as chalk and cheese. Leaders of the New Economy typically dress down for work, are of an average age of 38, are less likely to have a university degree, and try to
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    • Article, Illustration
      Lock icon 77-yr-old master of S'pore's property business
      505 2  -  By Marissa Chew [SINGAPORE] He could be a posterboy for the active elderly campaign. Sporting a grandfatherly rust-coloured cardigan and steelrimmed glasses, his thinning grey hair slicked back, he steps into the room holding a stack of notes and flashes a hesitant smile. At
      ARTHUR LEE  -  505 words
    • Article, Illustration
      Lock icon A boost for the spirit behind the rules
      641 2  -  TECHNOLOGY kenneth james Think "high risk, high returns" and venture capital funds spring to mind. Not quite the typical fare of unit trusts, or investment funds watched over by trustees. And under the current Trustees Act, trustees can't invest in venture funds
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      291 2 Improving Business Results H>wWffc Peopfc Is your company planning opportunities of an Nan)e: one of the following for e-business? Designation: your e-business? q What are the different Nricn#^_ J IPO value drivers? What Conuctperson. > Organization: i-i c ''I'lwJcWt are their unique Spinoff Nature of business: characteristics, and Address Startup
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      17 2 KF S'pore is 60, Exec Suite Pg 40 VC a good investment forfunds. US' Venrock, Pg 12
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      110 3 VACHERON CONSTANTIN Manufacture Horlogere. Geneve, depuis 1 755 ■t^Kr fl^r Limited edition. Display secured with 4 screws. Mechanical movement with "cotes de Geneve" decor. Applied gold roman numerals. Deployment buckle. In or 4 IL Available at Cortina Watch Centre SINGAPORE: Cortina Watch Centre Pte Ltd Raffles City #01 -36 Tel:
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  • MAS initiatives
    • Article
      Lock icon How to treat credit derivatives, securitisation
      603 4  -  Guidelines reaffirm principle of maintaining capital for risk exposure and clarify how transactions shonld be captured in the books By Siow Li Sen THE Monetary Authority of Singapore yesterday issued guidelines on how banks should treat credit derivatives and securitisation two relatively new but
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    • Article
      Lock icon Corporate debt issues hit $21.2b in H1
      489 4  -  Volume exceeds $19.5b for the whole of last yean BIAS survey Serena Ng CORPORATIONS issued $21.2 billion of debt in the first half of 2000, exceeding the volume for the whole of last year, according to a Monetary Authority of Singapore survey. It
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    • Article, Illustration
      Lock icon Tough to implement licensing of online advisers
      469 4  -  By Catherine Ong PROPOSED licensing rules for online investment advisers and dealers may be easier enacted than implemented, the Monetary Authority of Singapore (MAS) conceded yesterday. MAS chairman and Deputy Prime Minister Lee Hsien Loong said: "It will not always be easy to
      TAN SUAN ANN/ST  -  469 words
    • Article
      Lock icon Credit derivatives help banks to reduce risk
      166 4 CREDIT derivatives, first used in 1991, are relatively new financial instruments. They are used by banks to reduce risk exposure to certain credits or loans. Banks can, of course, sell their loan portfolios but they risk losing lending relationships. By using credit derivatives,
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    • Article
      Lock icon WHAT THEY SAY
      181 4 'It (credit derivatives) gives us the opportunity to manage our risk exposure and capital investment more flexibly, on specific assets as well as on a portfolio basis. We will employ them more in our development of markets, particularly in the Pacific lending market. Stephen Finch <\ managing
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      103 5 BANKOFSINGAPORE THE NAME BEHIND THE NAMES l n XiSCOm I I BankotSingapore com I We're the Bank of Singapore, a wholly owned subsidiary of bank that helps businesses. And we're behind eVentures, an of banking and more to all Singaporeans. So when you see OCBC Bank. We're the people behind
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  • SINGAPORE companies
    • Article
      Lock icon Free SingTel trades for 6 months
      445 6  -  OCBC Securities' offer starts on Oct 1 and valid only for its website By 1 Toh Han Shih IN a move new to Singapore, OCBC Securities will let its customers trade Singapore Telecom shares without paying any commission. For a six-month promotional period starting
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    • Article, Illustration
      Lock icon Tan Chong to net $53m gain from Wilby securitisation
      539 6  -  Company to use proceeds to develop existing landbank Kalpana Rashiwala TAN Chong International will reap a $53.4 million profit from the $146 million asset securitisation of its Wilby Residence condominium. The gain is likely to be booked above the line and
      FILE PHOTO  -  539 words
    • Article
      Lock icon Merged firm will be CapitaLand
      245 6 CAPITALAND will be the name for the entity that will arise from the merger between Pidemco Land and DBS Land. The name was picked from hundreds submitted to the naming panel as it "best captures the essence of what the new merged entity will represent
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    • Article, Illustration
      Lock icon KepTatLee Fin to return $177 m to shareholders
      291 6 KEPPEL Tat Lee Finance will return $177 million, or about 52 cents a share, to shareholders. This will be done in three stages by way of a bonus issue, consolidation of shares and a capital reduction. The group said yesterday that for
      FILE PHOTO  -  291 words
    • Article, Illustration
      Lock icon Flextech Holdings net profit jumps 144% to $11m in H1
      493 9  -  Firm gets boost from upturn in global electronics, chips industries By Serena Ng FLEXTECH Holdings yesterday reported a 144 per cent jump in interim net profit to $11.01 million, fuelled by an upturn in the global electronics and semiconductor industries.
      FILE PHOTO; Source: Reuters  -  493 words
    • Article
      Lock icon Arab group made the best of situation
      737 9  -  diana oon abdullah MALAYSIA'S banking sector continues to face a bumpy ride, if the market reaction to sale agreements concluded last week as part of the consolidation of the finance sector is anything to go by. The Arab-Malaysian group's AMMB Holdings is the
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    • COMPANY Briefs
      • Article
        Lock icon PCRD nps stake in insurance affiliate
        85 9 Bloomberg [HONGKONG] Pacific Century Regional Developments has bought 26 million shares of Pacific Century Insurance (PCI), after the shares posted their biggest one-day loss in more than three months on Tuesday. Peter Luk, PCl's chief financial officer, said he did not know the purchase
        Bloomberg  -  85 words
      • Article
        Lock icon Dragon Land cuts half-time loss
        53 9 DRAGON Land pared its interim loss to $150,000, with turnover dropping 41 per cent to $1.74 million for the half year ended June. It incurred a $2.85 million loss in the same period last year. However, the improvement was due mainly to an exchange gain
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      • Article
        Lock icon Corrections and clarifications
        105 9 OUR report yesterday "Crown receives 96.4% acceptance for CMB Asia offer" said shareholders who accepted the offer will be paid within 21 days of Aug 15. DBS Bank, acting for the offeror Claremont Heights, has clarified cheques will be sent to shareholders within 21 days of Aug
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    • Article
      Lock icon Huan Hsin first-half net profit soars 120% to $ 10.9 m
      308 9 Huan Hsin first-half net profit soars 120% to 10.9 m It declares first-ever interim dividend of 4% per share WIRE and cable maker Huan Hsin Holdings yesterday announced a 120 per cent leap in interim net profit to $10.9 million and said performance in the second half looked just as
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    • Article
      Lock icon DelGro interim earnings rises 28% to $36m
      360 9  -  Metroline of UK contributed $60.5 m to turnover By Christopher Tan TRANSPORT group DelGro Corp has posted a 27.6 per cent jump in net earnings to $36.24 million for the six months ended June 30. The performance was within expectations, with bus and
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    • Article, Illustration
      Lock icon Poh Lian interim gain falls 30% as turnover slips 18%
      400 9  -  By Andrea Tan POH Lian Holdings yesterday posted a 30 per cent decline in interim net profit to $964,000, hurt by the slowdown in the construction industry. Turnover for the six months ended June fell 18 per cent to $86.9
      FILE PHOTO  -  400 words
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      110 6 This announcement appears as a matter of record only September 2000 tm INCHEM INCHEM HOLDINGS INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 17 August 1999) INVITATION IN RESPECT OF 12,580,000 NEW SHARES OF 550.15 EACH COMPRISING: (i) 1,258,000 OFFER SHARES AT 550.28 FOR EACH OFFER SHARE BY WAY
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      733 6 CD INCHEM INCHEM HOLDINGS INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 17 August 1999) Invitation in respect of 12,580,000 New Shares of 550.15 each comprising:(i) 1,258,000 Offer Shares at 550.28 for each Offer Share by way of public offer; and (ii) 11,322,000 Placement Shares at 550.28 for each
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      57 7 SHI^NG STARS for the new MILLENNIUM Hewlett—Packard Singapore, Shell Companies Singapore, Singapore Airlines. MILLENNIUM TRADE AWARD 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
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon STI falls again despite rise in property stocks
      558 8  -  STOCKS r.sivanithy Thanks to news of a mortgage rate cut, property stocks provided a ray of sunshine on an otherwise drab day in the local stock market. Top blue chips SPH, Venture Manufacturing and most of the local banks finished in the
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    • Article, Illustration
      Lock icon CSC warrant: time, low price make it good pick
      186 8  -  WARRANT WATCH ity R Sivanithy SOME observers believe there will be a penny-stock rally in three weeks' time, once broking commissions are fully liberalised. The logic is that if transaction costs come down considerably, retail punters can enter and exit the
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    • Article, Illustration
      Lock icon Parkway may see further downside
      240 8  -  HOT STOCK By Ven Sreenivasan THE stock of healthcare group Parkway Holdings has slumped after the release of unexpectedly poor interim results. It was one of the top losers yesterday, diving 24 cents to $3.84 its lowest close in eight months. It has broken through
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    • Article
      Lock icon Market Notices
      160 8 ♦ROLY International will hold its AGM at 9 Scotts Road, #07-01, Pacific Plaza on Sept 28 at 2.30 pm. ♦KAY Hian will hold its EGM at Orion Ballroom, Level 2, Marina Mandarin, 6 Raffles Boulevard on Sept 27 at 6.30 pm. ♦THE Hour Glass will hold its EGM
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    • Article
      Lock icon Euro plunges to record lows against US$, yen in Asia
      291 8 AFP [TOKYO] The euro plumbed new record lows against the dollar and yen in Asia yesterday, depressed by German Chancellor Gerhard Schroeder's apparent satisfaction with its weakness. "Chancellor Schroeder said he did not care about a low euro, which left
      AFP  -  291 words
    • Article
      Lock icon Untitled
      494 8 Stocks Volume IPC020C 30,188,000 T ransview 10c 13,438,000 Wing Tai 25c 12,367,000 Asia DokorHK15c 9,840,000 DBS Land 9,625,000 Parkway H 50c 8,291,000 GES Irti Ltd 20c 7,126,000 L&M 50c 6,216,000 ITechGrp4c 5,689,000 JfTHIdgslOc 5,582,000 Stocks Parkway H 50c 32,053,940 DBS Land 27,449,464 SIA 26,605,400 JIT Hldgs 10c 23,914,600 Wing Tai
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      175 8 g aITRONICS 2000 aH -IBy HEART OF ASIA'S jWf INDUSTRY WORLD'S 3RD LARGEST H 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 industry players. Expecting over 1,000 participating companies, of which 70% are
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      68 8 Grow Your CPF With eiBht Important AH applications (or units in eight must be made on the application forms accompanying the prospectus Investors must reaa the prospectus The value of the units and the income trom them may fall as weli as rise S3l Jh Fits the job to a
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      145 9 r ■vnnrnfvmpvnHi^H^v fc; I hHQb9 I NAME :Meroedes-Benz A-Class j I AGE :1 year old jj£|gS j OWNER :Mb Jenny Tav I OBSERVATION General condition la good f MEDICAL RECOMMENDATION: HR t I 5% OFF SERVICING I EVERY FRIDAY! 1 Thank God it's Friday! For a limited period, you can
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      43 10 WELL Dol\ BANKOFSING4 YOUR ACHIEVEI ARE ADDING I Consulting /XL. ORACLE- j I di'ea 188 OB 03 WCSUOI J MOM Corporation Company H We're proud to be partners of the bank that's leading the way onto the net. Well done Bank of Sin
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      42 11 LL DONE 2HIEVEMENTS ADDING UP. ORACLe NASDAQ :PCHTF We're the d«t in .com' I M&CSAAFCM REUTERS# OSCS MfM I Dwxiopnwnt Board The Leading e-Market H hat's leading the way onto the net. Well done Bank of Singapore, keep up the good work.
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  • SINGAPORE news
    • Article, Illustration
      Lock icon SM Lee: S'pore must re-invent itself to remain a key trade hub
      546 12  -  Nation most remove business hindrance, use technology to be more efficient Audrey Tan SINGAPORE must re-invent its economy, if it wants to remain a trade hub in the digital age. Senior Minister Lee Kuan Yew said yesterday. Speaking
      SIEW YAW HOONG  -  546 words
    • Article, Illustration
      Lock icon VC a good investment for funds: US' Venrock
      790 12  -  BTiamiunu An important spin-off could be the start of a virtuous cycle of funds By Kenneth James IF CALIFORNIA venture capitalist Anthony Sun is right, it may be time for local investment funds and cash-rich individuals to get more adventurous with their
      CHRIS LOH  -  790 words
    • Article, Illustration
      Lock icon $60m vendor-assistance scheme for S'pore startups
      339 12  -  fbf Daniel Buenas COMPAQ Computer, Microsoft and Intel yesterday launched Netlmpaq, a $200 million subsidy programme to supply technology, people and expertise to startups in Asia. The programme will debut here with $60 million set aside for local startups in the form of cash,
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    • Article
      Lock icon M1 signs US$40m deal with Nokia to upgrade network
      275 12 This takes its mobile network investment so far to USs26om MOBILEONE (Ml) has signed a US$4O million (Ss69 million) contract with Nokia for the expansion and upgrade of its GSM Smart Dualband network. With this latest commitment, Ml will have invested
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    • Article
      Lock icon MOE moves to new Buona Vista premises this month
      259 12 THE Ministry of Education will leave its premises at Kay Siang Road for a new 24-sto-rey building at North Buona Vista Drive. The move will free a 10.5 hectare prime site off Tanglin Road, already slated for residential use. The MOE
      259 words
    • Article, Illustration
      Lock icon S'pore consumers less buoyant in H1
      315 12  -  Ry Anna Teo AFTER a strong recovery last year, consumer confidence in Singapore seems to have dipped this year, though it remains among the highest in the Asia-Pacific. The trend is similar across the region, according to MasterCard International's latest survey of consumer confidence,
      Source: Card  -  315 words
    • Article
      Lock icon NTUC Choice Homes to launch housing cooperative
      608 13  -  Ready in 3-6 months; members will get rebates on private properties they bny By Vivien Ng, Andrea Tan IN an attempt to moderate prices in the residential property market through direct development, NTUC Choice Homes will launch a primary housing cooperative that will
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    • Article
      Lock icon Two more project launches in a year
      206 13 NTUC Choice Homes (NCH) expects to launch its Sengkang and Bishan executive condominium projects in a year's time, said its chairman, Ng Ser Miang, yesterday. He was speaking at the completion ceremony for Yei Mei Green. He said Yew Mei Green was now
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    • Article
      Lock icon OCBC relaunches Bank of Singapore
      215 13 OCBC Bank yesterday relaunched its wholly-owned subsidiary Bank of Singapore (BOS), which will spearhead its e-banking initiatives. At the launch ceremony and unveiling of the new BOS corporate logo, OCBC vice-chairman and chief executive officer Alex Au said the relaunch marked the beginning of BOS'
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    • Article
      Lock icon A remisier who does his best for clients will save his job
      427 13  -  Narayana Narayana I REFER to your articles "MAS against fixed fees for remisiers" (BT, Aug 29), "How remisiers can survive" (BT, Aug 29) and the letter '"Learn from the experiences of other bourses" (Mailbag, Aug 29) from Ho
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    • Article
      Lock icon Banks must ease rules for startups
      183 13  -  Mark Lee ENCOURAGED by the government's move to build the entrepreneurial spirit in Singaporeans, my friends and I set up a home-furnishing store, with the intention of taking it online. Our application and use of Visa credit card facilities from OCBC went without a
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    • Article
      Lock icon Adjust brokers' fees based on trades
      183 13  -  Teng Chai Kiow I AGREE with the latest proposal by the remisiers' associ ation on the commission structure and would like to add my views. Remisiers and broking houses will find it tough or even impossible to survive if commission from big and institutional
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    • Article, Illustration
      Lock icon End-Sept will be Sogo's last day at Raffles City
      428 13  -  It will clear $4m of stocks via promotions Ny Kalpana Rashiwala TROUBLED retailer Sogo's last day at Raffles City will be the end of this month. The department store will close on Sept 30 while the supermarket in the basement of
      FILE PHOTO  -  428 words
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      142 13 Since 1975 our worldwide staff of over 275 multi-disciplined professionals HT V y ncludm 9' aw y er s.charteredaccountants. Jm> IK chartered secretaries and bankers have W A 11 provided confidential and cost effective M company formation in all the major low HI fIWPy tax areas including: rr r y
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      82 13 MWIWIW- Aj rJlßTifl hmuiiifii a SALEjiV *it > A workplace that offers corporate image > H^.f.ng lt w th recreational facilities jj s E«tat» Choice corner units with full glass K W*V" /> Pl^? ,tst,vo,t window for natural light view Minutes from Eunos MRT I or mme di3te occupation or
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      382 13 FIRST TIME EVER IN ASIA World Famous Project Management Institute (PMI®) Seminars World Offerings in Singapore! Seminars World in Singapore will open with a unique four-hour mmhconference followed by 4 practical seminars on emerging "hot" topics delivered by International Experts. Attend and seize this excellent opportunity to share experiences and
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Taking the US public for a ride
      779 14  -  THEJHHH KninijXm^B OPINION paul krugman The writer is a professor of economics at the Massachusetts Institute of Technology NYT THE commentariat seems shocked by Texas Governor George W Bush's brazenness in the debate debate. Not only has he casually tossed aside the longstanding
      NYT  -  779 words
    • Article
      Lock icon IN OTHER WORDS
      94 14 'If we are going to conduct peacekeeping operations, we must do so effectively. But we cannot continue to work as we are doing now.' -Kofi Annan the UN secretary-general, on the problems of peacekeeping missions. 'Put bluntly, the nation-state called Canada has become an empty shell of
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    • Article
      Lock icon Revitalising cross-Causeway links
      628 14 EDITORIAL Following the visit last month of Senior Minister Ijee Kuan Yew to Kuala Lumpur, there are clear signs of a new warming of relations between Malaysia and Singapore further underlined by a business forum yesterday between representatives from both sides. This new warmth should be built
      628 words
    • Article, Illustration
      Lock icon Rein in employee power
      1494 14  -  Jakarta must act firmer when workers and nnions try to ride roughshod over companies in industrial disputes Bu' Todd Callahan, James Garza Todd Callahan works in Jakarta as a technical adviser at a consulting and business information company. James Garza is a Melbourne-based anthropological researcher with
      AFP  -  1,494 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      671 14 In the Dark Ages CLAIMS to the contrary notwithstanding, the euro is not dead yet. Every quarter or so. I revisit Europe's common currency that's common as in shared, not common as in simple. And every quarter, the conclusion is the same. Defying all hopes and
      671 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Investors bet on Tajuddin accepting post
        131 15 Bloomberg TENAGA Nasional Bhd, Malaysia's largest publicly traded company, rose as much as 3.6 per cent as investors bet that Ahmad Tajuddin Ali would accept the post of president-cum-chief executive. Mr Ahmad Tajuddin, whose four-year term as executive chairman expired on Aug 31, was
        Bloomberg  -  131 words
      • Article
        Lock icon AMMB sinks further
        59 15 Bloomberg AMMB Holdings Bhd fell 25 sen, or 2.9 per cent, to RM8.45, extending a 31 per cent drop in the past three trading days after the country's fifth-largest banking group said it is selling its banking assets at below their market value as part of its
        Bloomberg  -  59 words
      • Article
        Lock icon Bandar Ray a falls 9 sen
        97 15 Bloomberg BANDAR Raya Developments Bhd, the country's seventh-largest property company by market value, fell nine sen, or 5.5 percent, to RM1.55. It rose as much as 12 per cent in early trading. Bandar Raya's controlling shareholder, Multi-Purpose Holdings Bhd, agreed to sell a 33
        Bloomberg  -  97 words
    • Article
      Lock icon Unisem down on news of CEO's retirement
      171 15 Reuters [KUALA LUMPUR] Shares of Unisem (M) Bhd, one of Malaysia's largest chipmakers, fell by almost 3 per cent yesterday after the company said its president and chief executive will retire from Oct 1. The announcement of Colin Mac Donald's departure added to
      Reuters  -  171 words
    • Article, Illustration
      Lock icon Vincent Tan aborts Softbank deal
      385 15  -  Partners agree to call off their share swap deal due to 'significant changes in circumstances': DiGi.com hYrmi Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Vincent Tan's dream of becoming a major player in cyberspace may just have to wait. He and Japan's Softbank Corp the
      FILE PHOTO  -  385 words
    • Article
      Lock icon HL Bank in RM680m acquisitions
      524 15 KUALA LUMPUR Hong Leong unit to buy Credit Corp, Wah Tat Reuters MALAYSIA'S Hong Leong Bank (HLB), part of diversified Hong Leong group, said yesterday it will pay RM6BO million ($309.1 million) in shares to acquire a finance company and a bank. HLB, in a
      Reuters  -  524 words
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      2 15 < Ilk Hp
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      135 15 DANIEL ROTH Chronograph Automatic Vajj^L "Daniel Roth's distinctive style has been perpetuated in this chronograph: an elegant blend of technology and tradition." y A mk. 5P^ Prestige Precision Distinctive Precise mechanism measures time to the 10th of a second. Integrates the hours, minutes and seconds on three separate counters. 50
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      111 16 Want a head start on the road to riches? Invest with finatiq.com, Singapore's largest online distributor of unit trusts. We offer discounts of up to a whopping 50% on the initial sales charge of unit trusts. How do we do that? Simple. Existing in cyberspace has its privileges. We don't
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  • SOUTH east asia
    • Article
      Lock icon S'pore firms bank on new trade pact with Japan
      522 17 TOKYO Sing Tel, Chartered among those with toeholds in the protected market Bloomberg SINGAPORE companies have Japan in their sights and are counting on a new trade accord between the two countries to help their sales pitch in Asia's biggest market.
      Bloomberg  -  522 words
    • Article
      Lock icon Indon finance minister to sue central bank over test failure
      170 17 JAKARTA Reuters INDONESIA'S controversial new Finance Minister Prijadi Praptosuhardjo will sue the central bank over his failure to pass a "fit and proper" test to head a state bank, President Abdurrahman Wahid said. The Antara news agency quoted Mr Abdurrahman
      Reuters  -  170 words
    • Article
      Lock icon Indonesia optimistic of 3-4% GDP growth
      172 17 ■JAKARTA AFP INDONESIA'S central bank yesterday aired optimism the country's targeted gross domestic product growth of 3-4 per cent for 2000 can be achieved or even exceeded. "In general, the board of governors views that the macroeconomic indicators showed quite substantial positive developments up
      AFP  -  172 words
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      Lock icon US$60m jet for travel-hungry Gus Dur?
      395 17 JAKARTA Chief economics minister agrees with planned purchase Reuters CASH-STRAPPED and crisisridden Indonesia is considering buying a US$6O million (*****.8 million) jetliner for its travel-hungry head of state, news reports said yesterday. Since coming to office 11 months ago, President Abdurrahman Wahid has become
      Reuters  -  395 words
    • Article
      Lock icon Thaksin, wife sell entire stake in flagship
      542 18  -  Sale at deep discount to son, relatives aimed at meeting laws on ministers From Harish Mehta in Bangkok TELECOMS tycoon turned politician Thaksin Shinawatra and his wife have sold their 35.4 per cent stake in their flagship Shin Corporation at a deep discount,
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    • NOTE Book
      • Article
        Lock icon Thailand scraps yen bond plan
        85 18 Bloomberg [BANGKOK] Thailand scrapped plana to sell up to 50 billion yen (SsBlo million) of yen-denominated bonds, its first overseas debt sale in three years, saying it would be cheaper to borrow from banks instead. Huriland said last month that it would sell Samurai bonds,
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      • Article
        Lock icon UN office in West Timor attacked
        74 18 AP [JAKARTA] Thousands of rioting refugees and pro-Indonesian militia gang members attacked a United Nations office in West Timor yesterday, killing at least three foreign UN Aid workers, the Indonesian military and witnesses said. Sgt Joseph Carvalo said an angry crowd beat the three
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      • Article
        Lock icon Ex-military chief Nasution dead
        47 18 AP [JAKARTA] Gen Abdul Haris Nasution, a hero of Indonesia's independence struggle who survived an assassination attempt and was military chief when hundreds of thousands were massacred in an anti-communist purge in the 1900s, died yesterday, his family said. He was 81. —AP
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      101 17 AQUACULTURE AUSTRALIA INVESTMENT INVITED This is not a start up venture but a well established aquaculture company looking for investors to help expand their operations. The company has established markets and proven production. It also has substantial potential for improved output. Situated in Western Australia the company enjoys the best
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      44 17 i 7 ■vak, We've Get Both! projecteyeball. eyeball, asial. com. sg Singapore's Ist integrated online/offline newspaper for the wired generation To subscribe call 740 2333 or visit http://shop.asial.com/stoppress /pe_promo.html Available Monday to Friday for 80 cents from your newsvendor, newsstands, coffee joints and cybercafes
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      281 18 I Qurfamljf l*sl»rj| iSrf 'wwurolle. I I 196>, I I }t all at tk« C. V lot«l f~^-esbovtrovvt. H >M. WO3 O cUcf. a waitress. /keir «\f«s vw«t over a kot awcl cotel four scasews plotter. I > v f^H.' I*rSv<t loack. tkew. It WO9VX t for kivw to kav«
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  • EAST asia
    • Article
      Lock icon Foreign currency interest rates won't hit yuan: researcher
      387 19 SHANGHAI Govt retains control over rates for small deposits AFX Asia CHINA'S implementation of a more liberal regime for interest rates on foreign currency loans and deposits will have only a limited impact on domestic demand for foreign currency, and on growth
      AFX Asia  -  387 words
    • Article
      Lock icon Taiwan to raise NT$222b from share sale next year
      552 19 TAIPEI Govt to sell 66% stake in Chunghwa Telecom by next year; China Steel is the other major float Reuters TAIWAN'S Finance Ministry said yesterday it plans to sell state-owned shares to raise NT$222 billion (5512.3 billion) next year for the
      Reuters  -  552 words
    • Article, Illustration
      Lock icon A new record in PC exports
      60 19 Reuters [BEIJING] A Chinese worker unloading locally-made computers into a computer store in central Beijing on Tuesday. According to a government newspaper published recently, China's exports ofcomputers in thefirst halfof this year expanded 665.6 per cent compared with the same period last year, setting
      Reuters; REUTERS  -  60 words
    • Article
      Lock icon China may ease rules for HK bank branches
      240 19 Bloomberg [BEIJING] China may let Hongkong-based banks set up branches in the country with fewer assets, Joseph Yam Chi-Kong, chief executive of the Hong Kong Monetary Authority (HKMA) said. The People's Bank of China has agreed to consider a HKMA proposal for
      Bloomberg  -  240 words
    • Article
      Lock icon SHK Prop bags Kowloon projects
      491 19 HONGKONG HE'S MTRC accepts its bid for HKs2sb station development Reuters SUN Hung Kai Properties Ltd, Hongkong's No 2 real estate developer, beat out the city's other two biggest developers for the right to build a HKS2S billion (555.5 billion) property project with the MTR
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      274 19 (C( □AvWO NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of Avimo Group Limited (the "Company") will be held at 34 Bukit Pasoh Road, Singapore *****8, for the purpose of considering and, if thought fit, passing with or without any modification
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  • SOUTH asia
    • Article
      Lock icon Indian govt gives up monopoly
      365 20 NEW DELHI It controls only int'l phone calls, other services are privatised AP INDIA'S government gave up its monopoly in basic telephony on Tuesday, widening the privatisation of phone services and leaving only international calls under its control, news reports said. Communications Minister Ram Vilas
      AP  -  365 words
    • Article
      Lock icon Indian website out to net investors
      128 20 Reuters (NEW DELHI] India launched an interactive Internet website on Tuesday to woo foreign investors and put them in direct contact with government officials. The site (hup:/ www. investindiatelecom.com) will offer details and constant updates on government policy and also links to other related
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    • Article
      Lock icon ICICI to sell up to 10% stake in software unit
      144 20 BOMBAY Bloomberg Reuters ICICI Ltd, India's second biggest lender to companies, said it plans to sell part of fully owned ICICI Infotech Ltd, a software developer, to pay off debt and fund acquisitions ICICI, which became the first Indian company
      Bloomberg; Reuters  -  144 words
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      178 20 j V n i vt t l (>\!' \\> \t i\iA >*> •> W' M* "V- gp iniß .-iMrflr FUJI XEROX. MAKING OUR MARK AT THE OLYMPIC GAMES. Versatility allows us to record the Olympic Games while setting some publishing systems capable of produ< ;oi) over records of our own
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  • e-NEWS
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      Lock icon World Com buys Intermedia to gain Digex
      522 21 NEW YORK USs6b deal will let World Com control the web hosting firm and expand its Internet services Bloomberg WORLDCOM Inc agreed to buy Intermedia Communications Inc for about US$6 billion (5510.3 billion) in stock and debt to gain control of Digex Inc,
      Bloomberg  -  522 words
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      Lock icon Who's this again?
      50 21 [LONDON] Richard Branson launching the first ever Internet/high street retail shop in Britain called VShop in Nottinghill Gate, London on Monday. Mr Branson was dressed as sci-fi character Doctor Who. VShop offers access to over 110,000 music and movie products as well as access to Virgin.Com. AP
      AP  -  50 words
    • Article
      Lock icon Even the blind can shop for groceries online
      427 21 NEWYORK They can use special voice recognition software tosnrfthe Web NYT MARY West stumbled across Your Grocer.com, an online grocery store, one afternoon a few years ago and quickly became a fan of its fresh blueberry muffins and fast deliveries. Ordering her
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    • Article
      Lock icon Dotcoms account for two-thirds of top online advertisers
      228 21 NEW YORK Reuters DOTCOMS still outnumber traditional companies two-to-one in terms of online advertising, said a report released by Media Metrix unit Adßelevance on Tuesday. The report, which classifies dotcom advertisers as any company that originated on the Internet or whose existence
      Reuters  -  228 words
    • Article
      Lock icon Hutchison may sell Vodafone stake
      474 22 LONDON HE group is said to have asked banks to devise proposals for the disposal FT Bloomberg HUTCHISON Whampoa, the conglomerate controlled by the Hongkong billionaire Li Ka-shing, is considering selling its 3.4 per cent stake in Vodafone, the UK mobile phone group. At Tuesday's
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      Lock icon Hongkongers lag Asians in Internet use: survey
      514 22 HONGKONG Usage rate of 29% in August far behind Singapore's 46%, Sonth Korea's 42% A SURVEY indicates Hongkong residents are floundering in the wake of their Websurfing counterparts in other parts of Asia. The South China Morning Post reported that the study last
      AFP  -  514 words
    • eBriefs
      • Article
        Lock icon Samsung Elec to expand chip output
        79 22 Reuters [SEOUL] Samsung Electronics, the world's largest memory chip maker, yesterday said it would invest 3.84 trillion won (Ss6 billion) to expand output, and forecast sales of chips and flat screens to hit US$3O billion (5551.6 billion) by 2005. "Samsung Electronics will maximise its
        Reuters  -  79 words
      • Article
        Lock icon Dell is richest man under 40 in US
        65 22 AFP [NEW YORK] Michael Dell, founder and president of Dell Computers, has been crowned the richest man in the United States under 40, Fortune reports. At the ripe old age of 35, Mr Dell has amassed a fortune of more than US$l7
        AFP  -  65 words
      • Article
        Lock icon First e-tax law comes from California
        75 22 FT [WASHINGTON] In what is believed to be the first e-tax legislation of its kind in the US, the California state assembly has voted to force the state's retailers to collect sales tax on products they sell over the Internet. California Governor Gray Davis
        FT  -  75 words
      • Article
        Lock icon Yahoo to provide oontent for Brit Tel
        60 22 Bloomberg [LONDON] British Telecommunications said it will team with Yahoo! Inc, the world's No 1 Internet search engine, to provide content such as news, weather and e-mail on mobile phones. Users of Genie, the mobile Internet service run by British Telecom, will access
        Bloomberg  -  60 words
      • Article
        Lock icon Pop.com shuts down before it's open
        81 22 AP [LOS ANGELES] Pop.com, the much-awaited Internet entertainment site backed by Hollywood powerhouses such as Steven Spielberg and Ron Howard, is calling it quits before ever opening for business. Most of the company's 80 workers, based in Glendale, California, will be laid off by
        AP  -  81 words
    • Article
      Lock icon Investors wary of telcos' spending spree
      410 22 LONDON Bloomberg EUROPEAN telecommunications companies are spending more than US$5OO billion (SsB6o billion), half of which they've had to borrow, to buy competitors and create the infrastructure for new mobile phone services. Investors have responded by wiping about US$5OO billion from the companies' market
      Bloomberg  -  410 words
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      130 21 BL.m BSm^V §»s& %2k^t 1%. .MP' 1 iSiP 5 You can't reach new heights in today's eßusiness world unless you get all your ducks in a row. You need integrated networks that let your employees, partners, suppliers and customers work together. And all their different operating systems, intranets, extranets and
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      608 22 (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Stockholders of the Company will be held at Mandarin Singapore, Mandarin Court A, 4* Floor Main Tower, 333 Orchard Road, Singapore *****7 on Friday, 29 September 2000 at
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      505 22 Circuits Plus Holdings Limited <lac*rp«rite4 ia tb« Rrpablic *f Magapsrc) 8 First Lok Yang Road. Jurong Singapore *****1 NOTICE IS HEREBY GIVEN that an Annual General Meeting of Circuits Plus Holdings Ltd will be held at 8 First Lok Yang Road Singapore *****1 on Friday. 29 September 2000 at 10.30
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      102 22 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions Including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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  • WORLD news
    • Article, Illustration
      Lock icon A US soft landing with more growth than usual
      734 23 NEW YORK Because productivity has grown, the non-inflationary growth rate also has risen NYT AS the summer ends, the corporate earnings outlook is being undermined by signs that the economy is slowing. And some stock market analysts are warning that while
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    • Article
      Lock icon Riyadh has been leaking 600,000 more bpd since July: minister
      544 24 NEW YORK But sentiment remains strong as oil price hits new 10-year high Reuters AP OPEC'S leading producer is making a unilateral effort to ease decade-high crude prices, Saudi Arabia said yesterday. Saudi Oil Minister Ali al-Naimi told Reuters that
      Reuters; AP  -  544 words
    • Article
      Lock icon LSE fully committed to iX merger plan
      381 24 LONDON It denies newspaper report that the plan has been pnt on hold Reuters THE London Stock Exchange (LSE) yesterday said it remained fully committed to its planned iX merger with FrankfUrt's Deutsche Boerse, denying a newspaper report that the plan was now
      Reuters  -  381 words
    • Article
      Lock icon J P Morgan soars on takeover talk
      135 24 NEW YORK Reuters SHARES of J P Morgan Co rose to a record high yesterday after a report that Europe's No 1 bank, Deutsche Bank, renewed talks to buy the New York commercial and investment bank. J P Morgan's stock hit US$l7l early
      Reuters  -  135 words
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      Lock icon Citigroup buys US lender Associates for US$31b
      282 24 NEW YORK AP FINANCIAL services powerhouse Citigroup Inc is buying the lending company Associates First Capital Corp for about US$3l.l billion (5553.8 billion) in stock. The deal announced yesterday will accelerate Citigroup's global expansion in lending to consumers, giving it control of the
      AP  -  282 words
    • Article
      Lock icon US 2nd qtr non-farm productivity rises 5.7%
      257 24 WASHINGTON Reuters Bloomberg THE efficiency of US workers in the second quarter of the year rose even more strongly than previously estimated, raising output and helping to keep a lid on inflation, the government said yesterday. Non-farm productivity, which measures the output per
      Reuters; Bloomberg  -  257 words
    • Article
      Lock icon Nasdaq officials split over opening mode
      375 27 WASHINGTON They can't agree on opening the market with unified prices, which is favoured by SEC's Levitt Bloomberg NASDAQ Stock Market officials have failed to agree on a method for opening the electronic market with unified prices each morning, a change favoured by Securities
      Bloomberg  -  375 words
    • Article, Illustration
      Lock icon North Koreans turn back after 'US insult'
      427 27 NEW YORK They skip UN summit after US airline insists on body search of top team LAT-WP Reuters AP NORTH Korea's No 2 leader and his entourage angrily turned around and flew home, skipping the UN's Millennium Summit of World Leaders, after American
      LAT-WP; Reuters; AP  -  427 words
    • Article
      Lock icon W Bush a minor-league mouth
      755 27  -  COMMENTARY By Maureen Dowd NYT HERE at The New York Times, we were exceedingly dismayed at the news that George W Bush had called our redoubtable reporter Adam Clymer "a major-league (expletive deleted)". It caused quite a tizzy. How could we cope with that sort
      NYT  -  755 words
    • Article
      Lock icon Feminist icon finally chooses to marry, at age 66
      298 27 AP (STILWELL, Oklahoma] Gloria Steinem, the feminist icon who once dismissed marriage as an institution that destroys relationships, is a first-time bride at the age of 66. Ms Steinem, co-founder of Ms Magazine, married South African-born entrepreneur David Bale, 61, in
      AP  -  298 words
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      133 23 i I r m wn r fiMfciffr I Ity^SS^^^^H JL K\ fcjL Ngee Ann City #01-03/04 Tel: 7350 233 Isetan Scotts Level 3 Tel: 7351 785 Suntec City Mall #01-061/063 Tel: 3377 455 ¥W9mW*M#rdLlAt'- ■< -:!-> -S i: -T; '.'"jMy Jr You should own a tuxedo. But you only need
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      1637 24 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 IN THE MATTER OE THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF DENTAMED (PRIVATE) LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Kxtraordinary General Meeting of the Company held at 19 Tanglin Road *06-12, Tanglin Shopping Centre. Singapore
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      503 24 ixYTj A it fi fS. M PB 'it SO TIBS HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE AND DIVIDEND PAYMENT DATES NOTICE IS HEREBY GIVEN THAT the Register of Members and Share Transfer Books of the Company will be closed on 22 September 2000 for
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      16 24 sS Your weekly guide to pabs and lounges every Friday in The New Paper Fastads fastads
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      73 25 The two newest Star Alliance™ members, British Midland and Mexicana, make it even easier for you to cover the globe —with hundreds of flights through London Heathrow and Mexico City. To and from both international and local destinations. It's little wonder you can rest easier with the Star Alliance network.
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      246 26 life >. .Jr />^ *'--I^^iafe\jj* y^9|3^ IF ii^ WF yvX J^^Bk IHRHif /'JHr fl /m > yTTM XVBL 1W P* X X. «yfl Br Xfifl %L lbc%j s<J^Pt9^'sK^* ,fr JB Bf AH > A Xf/®t >v w :fl F' ▼a #vi J V >4B fo feo J f fc/ jB
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      427 27 Here s Another Reason To Celebrate Handheld Available in stores today Ultra slim, ultra light, ultra stylish. The Palm™ Vx handheld provides all you need to organise your information: agenda, address book, e-mail messages, to do list, and memos. Access your email or browse the Internet where when you want
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  • FINANCE & commodities
    • Article
      Lock icon STI futures close with small decline
      328 28  -  SGX Derivatives Ttadlng/fejporfe ST Lndex/MSCl S'pore Index Chan Yet San THE Singapore stock market declined for another day yesterday on weakness in the technology sector. The Straits Times Index lost 14.51 points or 0.67 per cent to close at 2,163.39 points. Within the index,
      328 words
    • Article
      Lock icon Futures fall on selling by proprietary traders
      239 28  -  MSCI Taiwan Index Chan Yet San THE Taiwan stock market declined sharply yesterday following a drop on the Nasdaq on Tuesday. The MSCI Taiwan Index gave away 7.87 points or 2.3 per cent to close at 334.34 points. A total 0f575.13 million index
      239 words
    • Article
      Lock icon Opec blames tight supply of refined products
      178 28 ENERGY REPORT Reuters [LONDON] Oil prices raced to yet another 10-year peak yesterday as anxious dealers feared Opec would fail to ease a supply shortage when its ministers meet on Sunday. International benchmark Brent crude futures climbed 52 US cents to a new
      Reuters  -  178 words
    • Article
      Lock icon CURRENCY REPORT
      327 28 Reuters London THE euro plumbed record lows against the dollar and the yen yesterday as a lack of decisive action by European policymakers to stem the single currency's life-long decline fanned gloom about its prospects. The euro has now lost about a quarter of its value against the
      Reuters  -  327 words
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      Lock icon Untitled
      1274 28 MTERBAMK CROSS RATES A$ c l Ffr Pni HK$ lnd B> Bu P' ah Y>n *0" wz Pak Bs Peso S$ Band Sfr NT$ 8aht Pwind US$ Australia 0.839 4.707 0.643 4.216 1.256 4.422 25J89 47.415 0.600 6.279 2.155 1331 31.012 25.816 0.980 4.007 0.997 17.625 23.403 0.391 0 567
      1,274 words
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      Lock icon Untitled
      1939 28 SICOM FUTURES Sep 6 RUBBER (futures closinq is at 5.30pra) RSS1 CONTRACTS cents/kg) Close Volume Open Month High Low Sett (totmu) Interest Oct 00 116.00 NO* 00 H7.75 OK 00 119.00 Jan/Mar 001 122.25 RSS 3 CONTRACT (US cmUAq) Volume Optfi Month High Low Sett (tonnes) Interest Oct 00 65.25
      1,939 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng makes slight gains but broad market slides
      2857 29 HONGKONG Bloomberg Q Hang Seng +10.01 HONGKONG'S key stock index rose yesterday, led by Hutchison Whampoa Ltd on expectation it will book a profit after a report said it is considering selling its 3.4 per cent stake worth US$B.7 billion in
      Bloomberg  -  2,857 words
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      Lock icon CHINA
      981 29 Reuters n Shenzhen B Index +122 CHINA'S hard currency B shares closed higher yesterday as an official relaxation of foreign exchange interest rates triggered hopes of further reforms in the financial sector, brokers said. But B share indices were well off their intra-day highs and trade was thin as
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  981 words
    • Article
      Lock icon TAIPEI
      340 29 AFP QWPlndez -174J4 TAIWAN share prices closed 2.2 per cent lower yesterday on Wall Street's overnight fall and institutional selling, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 174.84 points to 7,610.78 points on turnover of NT587.27 billion. "Nasdaq's overnight losses dampened market sentiment, triggered selling of
      AFP  -  340 words
    • Article
      Lock icon Chip-related stocks pull Nikkei down
      2048 29 TOKYO Bloomberg Qffikka22s -52.40 JAPAN'S key indices rounded off their first seven-day slump this year. Fujitsu Ltd and other chipmakers led the decline as a US analyst's warning that Intel Corp's sales growth may slow raised concern the global semiconductor industry's prospects may falter. The
      Bloomberg  -  2,048 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon Profit-taking pushes KL stocks down
      414 30 AFX Asia Q Composite Index -2.03 SHARE prices closed off their lows yesterday with local funds engaging in bargain-hunting, offsetting some selling pressure in the wake of Tuesday's rebound, dealers said. The KLSE Composite Index closed down 2.03 points or 0.27 per cent at 749.55
      AFX Asia  -  414 words
    • Article
      Lock icon Untitled
      9437 30 INDUSTRIALS COAMMMT prtilCtl 2000 Last Vol 0«Y Nat Cap Mlffc Lew finm I* *000 High Lew P/t Sum 420 310 Ajmomoto 330 M l 133.8 158 60 5 Anokasa 605 MJ 670 290 ApoMo Food Hlg 440 -S I 440 440 9.6 176.0 3725 2700 BAT50C 3350 -50 2081 3350
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      111 31 The future is not about one tool for one job. 1 jm The future is about a multi-task tool...online. Enter beiasia.eom the Building and Construction Interchange for Asia's construction community. Now you can bid for and place tenders online...download current market intelligence...consult an architect or collaborate with other professionals on
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3063 32 BONDS WARRANTS Sep 6 ■t Mi fnmi imri ■p fTii" Lmt «al Day LaitOaata kw% >M Can lm Nk Mta w*a Lot j Ml *W 0001 M# Lot Mr* <*•* Mm Im«iI UtM Mn 1%) taarta«2 Ldl 515 12 s Acma ******4 12 unch K)5 12.5 12 12 13 13
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      Lock icon BANGKOK
      763 32 AFP □set Index -5.74 THAI shares fell 1.9 per cent in broad-based selling yesterday, amid weakening sentiment due to rising international oil prices and a volatile local currency. The Stock Exchange of Thailand (SET) Composite Index was off 5.74 points to finish at 302.51, and the SET 50 Index
      AFP  -  763 words
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      Lock icon MANILA
      293 32 AFP Q Composite Index -1446 PHILIPPINE shares closed one per cent lower yesterday, with the Composite Index down 14.96 points to close at 1,527.80 points. Volume rose to 521 million shares worth 1.34 billion pesos from 454 million shares worth 732 million pesos on Tuesday. AFP See 6 Rn
      AFP  -  293 words
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      Lock icon JAKARTA
      706 32 AFP Q Composite Index -187 INDONESIAN share prices closed 0.6 per cent weaker yesterday, led by profit-tak-ing in selected large caps, with investors largely sidelined amid a lack of fresh leads, dealers said. The Jakarta Stock Exchange Composite Index closed down 2.87 points at 475.55 with 509 million shares
      AFP  -  706 words
    • Article
      Lock icon WELLINGTON
      263 32 AFP QNZSE-40 -17.08 NEW Zealand shares closed down 0.8 per cent yesterday in quiet trade, with brewer Lion Nathan the only standout among gainers, dealers said. The NZSE-40 Capital Index shed 17.06 points to 2,088.40 points, on turnover of NZ$7B million. AFP St»6 (OOP) A dvanteQe MDS 2.55 -0.05
      AFP  -  263 words
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      Lock icon SYDNEY
      550 32 AFP n All Ordinaries -25,3 AUSTRALIAN share prices fell 0.8 per cent yesterday as investors continued to shed stocks in the local market's second biggest player, Telstra, brokers said. The benchmark All Ordinaries Index fell 25.3 points to close at 3,281.7 points, while the SP/ASX 200 dropped 26.1 points
      AFP  -  550 words
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      Lock icon SEOUL
      306 32 AFP Q Composite Index -155 SOUTH Korean share prices fell 0.4 per cent yesterday with the Composite Index down 2.55 points at 676.69. Volume was 206.4 million shares. AFP ia»t Arum Semi 9630 -120 Brain Tectl 825 15 Central Bank 640 unch CheilComm *****0 -1500 Dae Gu Bank 1915
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      64 33 ,i Accelerate the success of your startup with the most practical and comprehensive solutions today! Introducing Netlmpaq Where Compaq, Intel and Microsoft come together with our value-added Alliances to bring you solutions that zoom right in on your startup needs. So, for subsidies on software, hardware, professional services, training and
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  • Article
    Lock icon STOCKS sgx
    10310 34 SGX MA1NB0ARD Transaction date: Sep 6 Gr Gr M wt 52-Wk Last Vol Day Last Quote Oi» Dlv YM Nat Cap Avf high Low Company Sate 000) High Low Buyor Salter C'w P/C SmM Price MULTI-MINISTRY 163 101 m e Ac ma 50c 112 -I IT 112 111
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      77 34 i iUDEMARSPIGUET I H 0 IS BEHIND AN Audemars Piguet watch? Cortina WatdiCentre Ki* |{i<i na I Agent. Showroom ft Scrvicc Crntrr: AUDI MARS PIGIIFT (SINGAPORE) PRIVATE lIMITED. Cortina I.id f fejP SO I Orchard Road »0 I 10/ I I W her lock I'l arc Singapore 1)8880. Tel: 2)8
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      423 35 Where to wine, dine and entertain... *:«fasssr Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: #25.80 (Adult), 40% discount (Child) Dinner: #26.80 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011. 3 Prices subject to service charge &govt
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      60 35 PM A N HJl.iJj,, A P j fjlave a feast with the Vietnamese at Chatterbox Coffeehouse 1-10 September 2000 A-la-carte and set menus are available for lunch and dinner daily. $28.00. per set. :30 am to 2:30 pm 6:30 pm to 10:00 pm 'lease call: 831 6291 Coffcehoar* tat iloor
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  • Page 35 Miscellaneous
    • Miscellaneous
      Lock icon Page 35 Miscellaneous Column 1
      968 35 ue Business limes, i nursaay, oepiemuer i.cuuu Page 35 i cryptic crossword Central 6.00 Wheel of Fortune. 6.30 Sajian: Kek Seantero 1.00 Headlines. 2 j I I® I 6.30 The Price Is Right. Dunia. LO2 Business Tonight 9,00 AM Kids Central: Sesa- 7.00 SOF: Special Ops 7.00 Fikir Fikir. L3O
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  • MOTORING page
    • Article, Illustration
      Lock icon Insurers need to improve practices
      1276 36  -  BTIJ.1..I..U.U Rates should reflect car's true value or motorist's risk profile christopher tan SEOW Nee Shek is a personable, jovial chap. "I like to joke," the president of the General Insurance Association (GIA) said at a news conference yesterday. But the topic of the day
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    • Article
      Lock icon Of new emission laws and liberal import rules
      796 36 CARli.LM'1 THERE is less than four months to go before Singapore adopts a 1996 European standard for vehicle emissions. Readers will remember the implementation date was supposed to have been March 1 this year, but a lastminute reprieve was granted after strong
      796 words
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      Lock icon Analysts tote up damage from Firestone recall
      432 36  -  Apart from USssoom cost, it conld suffer loss of confidence and lawsuits All reports by CHRISTOPHER TAN TRADE journals and industry sources are speculating the extent Bridgestone/Firestone will suffer for its current tyre recall, said to be the second largest in history at
      432 words
    • BUMPER to BUMPER
      • Article
        Lock icon Packing more than Apollo 11
        86 36 THE new BMW 7-series—due some time next yearpromises to be wizardry on wheela. Shedding Ms aedate sheU to don some fashionable curves, it is set to turn heads. But more impressive will be what lias beneath the skin. The car will have the latest gadgetry,
        86 words
      • Article
        Lock icon Selling BMW
        85 36 BMW agent Performance Motors' weekend carnind by the Kallang Riverside was a whopping success. Just as well, as the event oo6t a whopping $600,000. A few cars and bikes were sold, and quite a few visitors sigjied up Rathe advance-driver programme. But as a senior manager pointed oat,
        85 words
      • Article
        Lock icon S'pore Peugeots unafiected
        90 36 AUTOFRANCE, the Peugeot distribution arm of Sime Singapore, says Singapore-registered Peugeots are not affected by the recall ofthe model2o6. The French maker started recalling 41,000 of the cars last week to fix feulty side airbags. The affected cars were made between June 1999 and March 2000. All
        90 words
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        Lock icon MP3 plug-and-play
        52 36 EVER wished you could plug your MP3 player into your car stereo? Now you can. Samsung Electronics and Bteupunkt have teamed up to incorporate the plug-and-play feature in Blaupunkfs Fun Line 2 sets. Unlike other car stereos that incorporate MPS capability, the plug-and-play concept "maximises" the use of
        52 words
      • Article
        Lock icon Nissan hitting the MPV again
        53 36 NISSAN is having another go at the MPV market with its new Serena. The two-litre people mover—at HaSjOOO with COE—features sliding doors and eight seats. Although less van-like than its predecessor— which did not quite take off—the Serena still doesn't seem as sleek and stylish
        53 words
      • Article
        Lock icon Aussie car sales soar, on lewer tax
        67 36 AUSTRALIAN car sales surged 77.2 per oent in July to 63,030 units as the new GST took effect The tax replaced a wholesale sales tax, which was more costly. Consumers had been holding back since last year in anticipation of the GST. Cycle
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      • Article
        Lock icon All about tyres
        58 36 MAD about rubber? Jot down in your diary an event scheduled for Sept 11-13,2001. That* s when Tyrwpo Asia 2001 hits town. Touted as the region's only trade show dedicated to the tyre, wheel, retread and fast-fit industries, Tyrexpo Asia will be held at the Singapore Expo
        58 words
      • Article
        Lock icon British motor show set to bit records
        101 36 THE 73rd British International Motor Show scheduled for Oct 19-29 in Birmingham promises to be bigger and better than previous shows. With two months to go, 63.320 sq m of space has already been filled (previous show in 1998 filled 62,441 sq m)
        101 words
      • Article
        Lock icon Some worthy make-up for Sepang
        82 36  -  m m uompuNDjr Christopher Tan SEPANG International Circuit host of this year's Formula One finale on Oct 20-22, is spending US$7.9 million (5513.6 million) to spruce up the US$75 million Sepang Circuit. For a start, covered seating will be increased to 754)00, from 64,000. The
        82 words
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      61 36 Your problem is our problem. The Motoring Page will soon start an advice column with the able assistance of the Automobile Association of Singapore. Send us your queries on anything related to motoring and we 'II try our best to help. You can fax to BT Motoring on 733-5271, or
      61 words
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  • BY DESIGN
    • Article, Illustration
      Lock icon SHAPING HOMES
      1368 38  -  biw«m> looks at some factors that have influenced Singapore housing and calls for greater variety in residential design RICHARD HASSELL The writer is a partner of WOHA Designs/WH Architects OUR homes are shaped by our desires, and new developments build the future we dream of. Or do they?
      1,368 words
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      57 38 f DBS SECURITIES BUILDING 22 Malacca Street (Raffles Place) Existing 16-storey office building Next to Raffles Place MRT Lettable Area 59,083 sf (approx.) For further information tender documents, JONES LANG LASALLE Tel: 220 3888 DBS PROPERTY SERVICES Tel: 736 8218/205 Jones LANG ©DBS PROPERTY SERVICES ffll 111 A MEMBER OF
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      201 38 r Jones Lang W LaSalle. 50 MacPharsoa Road A Modern 9-storey light industrial building Site area: Approx. 14,536 sq ft Floor area: Approx. 36,342 sq ft I Prominent frontage maximum visitMlfty from PIE Fully tenanted to mostly IT-related companies Within walking distance from proposed Sennett MRT Station FOR SALE BY
      201 words
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      30 38 Classified First. Want a home with a sea view? Or simply seeking a new nest? Make the right move: Check The Straits Times Classified First. Buy it Sdilt Ftad k.
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  • COMMERCIAL PROPERTY
    • Article, Illustration
      Lock icon Office landscape changing rapidly
      949 39  -  PROPERTYI-1.1..1..1J.1M.', More challenges are in store as technology has given the real estate mantra of location, location, and location' a new meaning ong choon fah The writer is head of research at DTZ Debenham Tie Leung THE Singapore property market has changed dramatically since the Concept
      Source: DTZ Research  -  949 words
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      Lock icon S'pore mall owners not immune to e-commerce threat: expert
      545 39  -  Marissa Chew AMERICAN shopping mall owners have a tremendous fight on their hands as they face the threat of e-commerce and investors will find it difficult to value their stocks. "It's such a large challenge for mall owners that their values
      SIEW YAW HOONG  -  545 words
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      48 39 (f^u^^BuysMore I In New Zealand II Auckland Commercial Property Collection HI $1 m $20m price range HI John Goddard (Sales Director NZ) will be in |l Singapore from 11th to 13th September 2000. HHHHHHH Ring John Goddard ■HHJHHjJH direct on 64-21 -*****6 or Colliers Jardine Singapore 223-2323-David Ng
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      79 39 ZiuiZt I pr 'ME fflv FREEHOLD LAND FORSALE east c ast C?"\ TENDER CLOSING DATE P *£Z£ 1 20th September 2000 at 3 pm P»fd> l 1 Location Martia/Still Road Next door to CHIJ (Katong) For further information. Pri Sch and opposite to Tao Nan School and please contact: Parkway
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      102 39 FOR SALE BY TENDER Bungalow at Cluny Hill Singapore Botanic Gardens \ff\ls3r \k\ Address 9 Cluny Hill, S£rA U\\ Singapore *****6 X_— Ipl V\T~-j Description The property is a 2-storey jft— A/ jrrr- bungalow with swimming /1 pool situated along Cluny N, H off Tyersall Road and susjkct Cluny Road.
      102 words
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  • EXECUTIVE Suite
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      Lock icon KF S'pore's 60. .. and still going strong
      1759 40  - KF S'pore's 60. and still going strong Knight Frank Singapore turns 60 this year. The property consultancy is holding a birthday bash at Zouk next week, but before they tire themselves partying, managing director Tan Tiong Cheng and chairman Cheong Thiam Siew talk to HAXBSA chew about the firm's past
      ARTHUR LEE  -  1,759 words
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      198 40 v vi 11 fl| A •'Talent Is separates the ordinary man from the extraordinary." Anonymous ;^BB9^ Whoever captured the essence of talent was an observant fellow. < After all, he or she understood the very qualities required to stand from the Here we understood. Markets to be made on calls
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      336 41 Reuters DRY cargo rates continued to rise on Tuesday, but the market was quiet following Monday's Labor Day holiday in the US, brokers said. Cargill chartered the Ken Pan built in 1984 to ship 31,000 tonnes of maize from Durban to Japan Sept 10/20 at U5522.75. The Baltic
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      Lock icon MARITIME STOCKS
      299 41 SCX '000 i»s s w CWT Distribution 0.72 0.03 18 Chuen Hi* 0-39 -O.OI 1387 Cosco Investment—a 19 -0.01 342 Freight Unfcs 0.18 -0.01 135 CB Holdings 0.63 -0.01 3 H» Sun Hup. 0.41 0.01 363 IMC Hotdings-HK 5.60 unch 0 Jaya Holdings 0.16 unch 170 KeppelCorp 3.90
      299 words
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      Lock icon Mitsubishi Heavy to axe 20% of shipbuilding staff
      603 41 Move will help to cut costs, regain market share from South Korean rivals Bloomberg [TOKYO] Mitsubishi Heavy Industries Ltd said it plans to cut a fifth of its 6,000 shipbuilding workers over the next six years in an effort to lower costs
      Bloomberg; FILE PHOTO  -  603 words
    • Article
      Lock icon Order backlogs increase at Japanese yards
      676 41  -  MEWBUILDS liy David Hughes THERE has been a steady stream of orders for Japanese yards mainly from Japanese owners over the past few weeks. This week's orders list shows the trend is continuing with the backlogs of the medium-size yards now starting to extend
      676 words
    • Article
      Lock icon Cosco Pacific H1 profit up 3.7%
      286 41 Lower revenue from box leasing offset by better earnings from port operations Bloomberg [HONGKONG] Cosco Pacific Ltd, a unit of China's biggest shipping company, said first-half profit rose 3.7 per cent as better earnings from its port operations more than offset the impact of
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      Lock icon Hutchison Port to invest US$250m in Tanjung Priok
      318 41 AFXAsia [JAKARTA] Hutchison Port Holdings said it is planning to spend US$25O million (***** million) over the next four years to develop facilities at both Jakarta International Container Terminal (JICT) and the recently-acquired Koja Terminal at Tanjung Priok port. Group managing director
      AFX- Asia  -  318 words
    • PORT Shots
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        Lock icon "Estonia" divers begin probe
        156 41 A US-based team of divers has begun investigating the wreck of the Estonia in the Baltic Sea despite opposition from Finland and Sweden. The US and German dive team is being bankrolled by Gregg Bemis, a dive specialist and deep sea explorer. Mr Bemis said that
        156 words
      • Article
        Lock icon Liberian registry official steps down
        146 41 JERRY Smith has quit his top shipping post at the Liberian International Ship and Corporate Registry, the company that manage the Liberian flag. He will stay with the firm as a consultant with the responsibility for relations with the IMO and other international organisations. "Helping
        146 words
    • SHIPPING news
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        Lock icon Safety is his business
        646 42  -  Australian teaches survival skills to people working in the oil, gas and shipping industries By Evelyn Duffy [PERTH] FORMER Australian Special Air Services officer Rick Parish is progressing a business strategy to raise the safety and survival skills of hundreds of thousands of South-east Asian seafarers.
        FILE PHOTO  -  646 words
      • Article
        Lock icon Spill teams pump all oil from Erika
        182 42 AP (PARIS) Clean up crews have finished pumping oil from a sunken tanker off France's north-west coast and the vessel poses no further threat of leakage, the Transport Minister said on Tuesday. The Erika tanker split in two in rough waters in December
        AP  -  182 words
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        Lock icon Hutchison takes stake in Koja
        112 42 Bloomberg [JAKARTA] Hutchison International Port Holdings will pay US$l47 million (Ss2so million) for a 48 per cent stake in Indonesian state-owned Koja Terminal as part of a larger investment in Jakarta's Tanjung Priok port. The company, which is part of Hongkong-based Hutchison Whampoa, controlled by
        Bloomberg  -  112 words
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      Lock icon SHIPPING SCHEDULES INDEX
      175 42 PAGE Dongnama 3 An 6 Eastrans 6 Accord 8 ECL 4 Append., 5 ECULine 6 Assets 8 6 Austral 8 F00, S0n Fuhat 7 BSA 7 Gemartrans 6 Bt,0,5MaS 8 Haoqii 7 CC 7 3 CMACGM 3 Heung-A 4 COSCO 5 Hyunda 7 c v 3 Interasta
      175 words
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      Lock icon SHIPPING GUIDE
      15568 48 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 16/09 n/K> UASC ABU DHABI CW3W 65-*****17 To ABIDJAN (ABJ) 2003 Cote D'lvoire n/« w/w Nortrans heron t/oo 65-ttiwoo 19/09 24/10
      15,568 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        628 53 Vessel Voy No Berth Arrival Departure B*tan Mufya SepOl JM 06/09/6 50 at Ralmatmd ***** J01 06/09/8:00 06/09/21:00 Wl(tsUf 88S00 J03 06/09/7:45 06/09/2000 Ba«watefl18 M0219 J02 06/09/9:05 06/09/16.00 Chinqii C***** J06 06/09/7:55 06/09/17:00 Ttanh n, JulOO J04 06/09/905 07/09/500 n 2j 173 J02 06/09/8:45 06/09/17:30 Sum f urvu
        628 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1900 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From achiever no 6/12-00 05/1500 ovwn *w-oo ik oyiroo 06/0658 owhoo 05/1700 06/0459 06/0800 3 06/0700 06/H58 06/1400 4 06/1200 06/W59 06/1700 ACX LILAC 016* 8/7 00 It 05/1500 05/1659 Mit-OO
        1,900 words
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        Lock icon GLOBAL HOLIDAYS
        204 53 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:
        204 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        807 53 THIS report, compiled by Cockett Ma rine OU 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 Index
        807 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        499 53 Carbon WO Mai 990.2 0.7 15.4 0.08 77 0.05 M31 P-Ktty UmUm S*dh»rt fl J Q0 3 < 0 .02 l£2 3»0 Ma. 997J 4.9 17.4 0.17 65 0.07 16/11*3 »/v m/m m/m pw —t«o< Wo above G35 11 6 5 ISO/Cimac li*ts Spec E25 9*
        499 words
    • AIR & LAND transport
      • Article
        Lock icon Boeing close to clinching US$5b in new orders
        643 54 World's biggest planemaker is expected to win orders for another 60 aircraft Bloomberg [SEATTLE] Boeing Co. which has already landed more jetliner orders than it did last year, is close to winning at least another 60 valued at US$5 billion (SsB.6 billion)
        Bloomberg  -  643 words
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        Lock icon Paris, truckers reach deal on fuel prices
        512 54 Reuters [PARIS] France's government and truck owners whose road blocks around fuel depots and refineries had threatened to bring road and air transport to a halt reached tentative agreement yesterday, both sides said. The truck owners' representatives were due to present to their
        Reuters; REUTERS  -  512 words
      • Article
        Lock icon 10% growth seen in Indian air travel
        469 54 Domestic air passengers expected to hit 13m this year Reuters (NEW DELHI] India's domestic air passenger market is on an upswing after a four-year slowdown and expects dou-ble-digit growth in 2000, a senior government official said. "We expect an overall growth of 10
        Reuters  -  469 words
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        Lock icon Gulf Air crash due to human error
        385 54 AFP [MANAMA. Bahrain] Investigations into the crash of a Gulf Air plane off Bahrain killing all 143 people on board are leading firmly to human error, a Bahraini aviation official said on Tuesday. "The investigators are looking at every aspect, including human factors,"
        AFP; FILE PHOTO  -  385 words
      • Article
        Lock icon Air Canada may spend US$5b to buy new planes
        362 54 Carrier needs to replace ageing Boeing 737-200 and Fokker F-28 jets Bloomberg [MONTREAL] Air Canada, the country's dominant carrier, will move to replace at least 100 planes in the next seven to 10 years in orders potentially worth US$5 billion (SsB.6
        Bloomberg  -  362 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1881 54 CITV ft KMT fU FLIGHT fTO S***** 1MS $026 2350 *<*UMt 8*7381 1930 BA7382 2055 M73 OF 81 1930 OfK 3055 WW 3230 *****3 2335 LH6380 2230 F«k«tfu S0989 1530 S0990 OIM S0229 2230 hn0ii S0803 WO CZ352 0910 *mst«tedi S0327 0715 M.0644 0040 C23SI 2045
        1,881 words
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      46 41 Econ Line Coming Up Your Way A New Reliable Option To Your Container Feeder Needs In S.E.Asia NEW ECON Line PTE Ltd 138 Robinson Road #11-00 Hong Leong Centre Singapore *****6 Tel: (65) 222 2733 Fax: (65) 222 2082. Operator Code/Slot Owner "EZ". CR Number **********0N
      46 words
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      202 42 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com NTK^. NIPPON YUSEN KAISHA SENLIM AGENCIES PTE. LTD. 133. New Bridge
      202 words
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      719 42 /r"'oK Lines services represented by (iffltid Members of the Registry of Members of tm Accredited Shipping Agents, Singapore Log.shcs 2/ Singapore Shipping Association Association ULY UNI MALI VESSEL VOY [lu TIT* ETA P. KLAMG SPORE MALI Princess Uly VO6OO 15/09 17/09 25/09 Empress Lily VOBOO 30/09 02/10 09/10 Princess Lity
      719 words
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      1142 43 SAX SERVICE (DIRECT) I Vfssa VOY SWEtt tAX (MX DM HOU 0« OX MM AJI NYC AftTUWUOtSt 036 C 06/09 21/09 26/09 26/09 26/09 15/08 IS/OS 15/08 16/08 16/08 tfISMDONYX 0231 13/09 28/09 OVIO OVH) OVIO ***** OtyiO ittTiO 05/10 05/10 APITOURMAUNI 0371 20/09 05/10 10/10 10/10 10/10 10/10 10/10
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      1779 43 OHANJIN SHIPPING fePi i Ms My* Lot -Ub *****30 HANJIN SHIPPING (S) PTI LTD Imp //<nm Iwp* cot IOOIINC *****35 737 SAUS *****74 731 IXXUNHT *****71 774 OPtUTIONS *****50 751 MAIN UM *****55 FAX 53*1145 CI NO **********0 M TO NW USA CANADA USA CANADA' for va/voY ["STTa uShau/vot sea
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      413 43 rasa voy sw kg vot sw hug kel usm rus *5! 5?! su> -»m <m» i» iim iwt rsm gains ffi Sg |j% -jar" ACIMAGNOUA 0771 W/W 13/W IS/W HTUWAISPBRTH }Lg THIIIOMOS 00SS 1/04 11/04 21/W OUttA HOMOS 00IS 10/04 70/04 73/04 mam oots io/w it/w oow ivw i;/w n/w
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      1725 44 C SENATOR LINES TO UK/CONTINENT TO MEDri'EKRANEAf'PCANADA VESSEL VOY LtH BTM OMB HAM IHV Fll VESSEI VOT HI til IH TO M ITI HAKjM SAN FRANCISCO OtllW KM 22« 23 01 25 OS 26 M 27 M HM PAC#* SENATOR H43W MM »K 27 M 2t M (lit MM HAKJM
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      1077 44 mjkm MAC-NELS S PORE M'SIA Carrier: MM CONTR LIMES, INC rquoanq wmotb I IV/ J cm NOi IaWTMOON 9BU: (064) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JKT: (21) *****46 KUOWNG (062) *****1-3 PASIR GIIPAMG HO CHI MINH MV "QING
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      729 44 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS MUIUNO. MUMBAACOLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0. POINTS VMMI S PORE N SHEVA COLOMBO PKLANG TULSIDAS Vl3O 10 SEP It SEP 23 SEP M SEP CAPE CREUS V.112W 17 SEP 2« SEP 3» SEP M OCT CAPE CANAVERAL VI79W 24
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      1714 45 OVESSEI VOY HKG KHH SIN PKL PXB BAB PAAM BIX H IRAN TEHRAN PCI-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 15/09 15/09 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 PCI-173 20/09 19/09 23/09
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      1197 45 10! $«wo» EVERY 1 jS? HUANGRU I 0 s XIAMEN BMMY I D *11*11 EYEtY SWAY J I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TIL 226 1900 FAX: *****08 OUTWARD (8/1) COSTAR SHIPPING PTE LTD #12-00 SAUS/BKGS *****57/43 inward DIPT (D/O) *****86 COSTAR AGENCIES (M) SDN BHD CR NO:
      1,197 words
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      Lock icon Page 45 Advertisements Column 3
      1044 45 EUgQPf EXPIgSS SCTVKE EXPORT IMPORT mm m _m. m »ii. am hah tm fu yr«i .vqy .mm .ha* flx on sw HJ WIUIfUNGTON OIJW 12/09 79 00 01/10 01 '10 03 i. 04 10 05 10 HJ WASHIHGTO* 079E 1 «J. 08 11. 08 24.08 10/09 CTALPHA 013W 19/09 Ot/lO
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      867 46 tUMQWE/UB(/SCANMNAVlA/HNLAND/RUSS4A IWVKM EXPORT VESSEL/VOYAGE SOP HO* HIG TMP ZEE ANW LHV ALSO ACCEPTING CARGO TO AND FROM:- FINLAND, DENMARK. SWEDEN, RUSSIA I NORWAY MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VBSa/VOTAK I SGP |G» VKN CXS DIU RDM BHV IMP ZH NVW 22/69'XW 26.W'2M»]27/fa »W'3aWjOl/IO uuwboowocw m «/W|oi7romoo[os/io'(H 10 'oyioV/io omo tTUßffli ISTMTS"
      867 words
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      376 46 jninsm ARABIAN PERSIAN QUtF/MMAN SUB CONIMNT SERVICE EXPORT VESSEL VOYAGE SGP CMB DUB JRA ABU DMN BAN KHI NXV YU HE OISRW 08/W- 19/W 23/W UNI ASPIRE 0479 075W 11/W IS/W 20/W 71/W 77/W UNI ANGEL 0141A77W 12/W 21/W- 22/W- 2S/W XING HE OI7BW IS/W- 24/W 27/W 79/W UNI ARDENT
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      743 46 ADVANCE CONTAINER LINES (PTE) LTD AA C I TEL: *****21. FAX *****19. TELEX :RS 2Q340 ACLPL Cfl NO **********06 W FOR BOOKINGS PLEASE CALL: *****22 SALES A MARKETING *****21 -2» BANGKOK -2HHMfIteL JAILAKTA (7 VESSEL VOY HN MCK Vtssa VOY 55 JKT YANTRA BHUMIfiAT) 35/N 9/9 Sal 12/9 lue SUAE
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      482 47 BSfl x M MYANMA «BBk FIVE STAR LINE (Myonmor National Line) Loading for Yangon VCSSCL VOT SIN PKI PIN PGU SITTWf 94W SU> WONG LA 35W 11/09 MALAYSIA AGfNTS: WUSTEAD SHIPPING AGENCIES KUL TEL 03-*****00 PKL TU 03-*****101 PIN: TU 04-*****02 PGO; TU 07-*****21/4 BANK LINE (A service ol Andrew
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      1380 47 HMNE= HYUNDAI MERCHANT MARINE CO., LTD. IVKSB VOT I SBI I SOU LBI BTW AICT HAM —V IVCSB VOT I SOU 181 I RTM AWT HAM lIV SI HYAOMKAI 328W 07/09 IS/09 30/01 27/09 21/09 HYBARON 3271 14/08 19/08 It/08 17/08 07/09 NOLCORAL 016W 08/09 29/09 30/09 24/09 26/09 APLCYPWN!
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      746 47 vOGv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA *<*<> HEAVY LIFT SERVKE" [ViSSJEL VOY RAMP HEIGHT SIN |IK MAO MUA I SAV I BAL I ORf I NYC I NEW |MM IdBA AHOTT 400Tmh 6JM WJW 09/10 177»0 WiF 22/10 24/10 25JW 27/10 31/10 05/11 TARONGA AHOI9 400 Tom 6.3
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      561 48 BAHOKOIQMAP TA PHUT/LAEM CHABANO JAKARTA/PAHJ AHQ VtSSR ,QI SIN M« 1 MTF 1 toT" VfSSEI VOT SW JUT PW Jtmmm m_jaz]B —\m ma_ IVM S Bl 55—i?£ —K2r —j&~ iffi ftS *oswa* n/w is/m oo([ MjiHomnr* otss ii/m 14/ m um 174* 12/ M U/M IS/M MITIIHIIM 17% l?/M 17/fo
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      266 48 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COHTAJNEW SERVICE va vot w sw stp m atjtt w USUMI US 11/D9 11/09 M/ftH/W J9/09 KWMIM HT mm 19/09 J9/M9l/10 03/10 04/1* /wivarr m »/»»/oo m/io «/to io/ii li/io /nueiMi) as B/nn/n ij/ii is/i» u/n a/M FEEDER SERVICE TO INDONESIA Wt VOT
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      423 48 O TASMAN ORIENT NEW ZEALAND EI JI NOUMEA BREAKBULK CONTAINERS 14 DAYS FREQUENCY vtssti vot mo sm jrr m sun n> sua wu suv m *g un °oi mi tk USMAN CAMPAJGNB *****4 02/W 04/W 07/W 04/09 14/W 19/09 02/10 04/10 W/10 12/10 13/10 14/10 IS/10 14/10 USMAN OUSAtn *****7
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      54 51 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 WoHdgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe To c A CTM'AI avci A MIDDLE EASTI PORTS S E ASIA ;ervice I DETAILS Pg 8
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  • Page 53 Miscellaneous
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      131 53 11 h is^ LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers Rain emperature Wjnd direction an( j S pe e d in knots r>, j r> Weather w Cloudy Day OO u- 7u uu k i Sea Conditions Wind speed symbols > O Full circle w/o line indicates
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  • INTERNATIONAL TRADE AWARDS
    • Article, Illustration
      Lock icon Engines of Singapore's economy
      339 55  -  By Audrey Tan ONCE again, we honour the companies which make Singapore the premier trading hub in this region. This years International Trade Award winners are all familiar names. Some are international trading giants, some are logistics companies operating in over 200 countries, while others are
      339 words
    • Article, Illustration
      Lock icon First S'pore, then the world
      909 56  -  Shell's 109-year presence in Singapore continues to grow and develop as the group looks to the Republic as a springboard to Asia and the world, writes BRYAN LEE BRYAN LEE The writer is a BT journalist A SPRINGBOARD for global business development is how Millennium
      SIEW YAW HOONG  -  909 words
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      Lock icon NATIONAL high-flyer
      793 58 Singapore Airlines blazes a trail for many local companies which harbour hopes of making it and making it big in the global arena SINGAPORE Airlines growth has paralleled Singapore's economic progress and it is no wonder that the national airline is often described as a microcosm of the
      PHOTOS COURTESY OF SIA  -  793 words
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      Lock icon Working as a team in the New Economy
      733 58 Companies today want more sophisticated and multi-product solutions from their banks to succeed in the new business climate SINGAPORE companies, having hurdled the challenges of the recent Asian economic crisis, must now face up to the test of managing their business in
      FILE PHOTO  -  733 words
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      Lock icon A partner in the New Economy
      903 60  -  HP aims to help companies make the leap into the high-tech business world, where almost-instant delivery matters and geography is immaterial, its MD tells DANIEL BUENAS DANIEL BUENAS The writer is a BT journalist THE Internet has changed the way consumers access information, the
      FILE PHOTOS  -  903 words
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      Lock icon That slice of American pie
      941 60  -  Homegrown ST Engineering looks to the US for a large part of its business. BRYAN LEE finds out why BRYAN LEE The writer is a BT journalist SINGAPORE Technologies Engineering a US-based company? Strange as it may sound, this unlikely oxymoron does not escape the
      ARTHUR LEE  -  941 words
    • Article
      Lock icon Managing risk in e-commerce
      790 60  -  By Foo Jung Wei The writer is a partner in Andersen Consulting's government practice MARKET researchers focused on buyer behaviour have identified a variety of risks that customers encounter in making purchases. Among them are psychological, relationship, functional, quality, delay and financial risks. Research also has
      790 words
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      Lock icon Award-winning performers Award-winning performers
      1241 64 These companies have established track records, impressive plans for the future and they h Singapore's economy and trade. We bring you this year's International Trade and Millennium hed track records, impressive plans for the future and they have all contributed to We bring you this year's
      1,241 words
    • Article, Illustration
      Lock icon Delivering the Goods & Services
      1015 66  - Delivering the Goods Services As e-commerce picks up, DHL sees demand for its services growing. And it's not just about delivering packages, Singapore GM Charles Chan tells AUDREY TAN AUDREY TAN The writer is a BT correspondent THINK of your courier man as just a personalised postman with a friendly
      ARTHUR LEE  -  1,015 words
    • Article, Illustration
      Lock icon Thinking big on small projects
      892 66  -  Salcon's down-to-earth boss tells JANE CHEONG how his company has made it big in a highly competitive power generation industry JANE CHEONG The writer is an occasional contributor to BT ONE of the first things that will strike you upon meeting Lim Chan Lok, executive
      SIEW YAW HOONG  -  892 words
    • Article, Illustration
      Lock icon Complete Connectivity
      786 68  -  The Internet, broadband and wireless technologies will pave the way for seamless devices, Motorola's VP and regional director Arthur Chen tells DANIEL BUENAS DANIEL BUENAS The writer is a BT journalist THE Internet communication and business model, when applied to the telecom industry, will trigger a whole new
      ARTHUR LEE  -  786 words
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      Lock icon Prized masterpiece
      1186 68  -  Brother Joseph McNally draws his inspiration for the Millennium Trade Award from the palm tree. He sees the plant as a symbol for idealism of contemporary Singapore, he tells FELICIA YAP FELICIA YAP The writer is an SPH scholar who contributed this article to BT SEVENTY-SEVEN and still
      PHOTOS BY CHRIS LOH  -  1,186 words
    • Article, Illustration
      Lock icon Challenges for the future
      1104 70 IN its blueprint to further promote and expand Singapore's trade over the next five years, the Trade Development Board (TDB) announced that it would set two major goals: Internationalise Singapore enterprises and make Singapore the global centre foi trade hub services. The board also said that
      FILE PHOTO  -  1,104 words
    • Article, Illustration
      Lock icon E-volution of alliances
      1190 72  -  E-commerce is affecting traditional business relationships in a dramatic way, writes CHARLES F KALMBACH and DOMINIC M PALMER CHARLES F KALMBACH, DOMINIC M PALMER Charles Kalmbach, who is based in Chicago, is a partner in Andersen Consulting'sfinancial services industry segment. Boston-based Dominic Palmer is an associate partner
      FILE PHOTO  -  1,190 words
    • Article, Illustration
      Lock icon Living in a global village
      927 72  -  Communications can make or break a company. And these days, with information being spread in the blink of an eye, the ensuing corporate success or downfall can be iust as raDid. writes RICHARD BARTON RICHARD BARTON The writer is chief operating officer of Gavin Anderson
      FILE PHOTO  -  927 words
    • Article
      Lock icon Managing PR after a crisis
      372 72 IT was on July 25 that the Air France Concorde jet crashed soon after it left Charles de Gaulle airport, killing 113 people. Even as the airline came to grips with the reality and trauma of lives lost its International crisis management teams sprang Into
      372 words
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      87 55 Coordinator Audrey Tat Editor Elaine Koh Sub-editor Magdalene Phang Artists Gareth Chung iCover design i Ben Cruz Photographers Chris Loh Arthur Lee Siew Ya.v Hoong H S3 Cargill International Trading Pte Ltd 300 Beach Road #23-01 The Concourse Singapore *****5 www.cargill.com Hi 1 T 1 Hp v> c Mi Hft
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      5 55 o c K v 'V
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      50 56 We did it again! For the second consecutive time 1998 1999 0 4 /OCX) 2001 We will continue to challenge the New Economy with business innovation and uncompromising customer-focused initiatives and solutions. bax GLOBAL Transportation and Logistics Worldwide Tel: 545 9788 542 5500 Fax: 545 6788 542 1005 Website: http://www.baxglobal.com
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      107 57 j At BAX Global, we leverage on innovative Supply Chain solutions and i Information Technology to create value-adding business CHANGE. We j deploy emerging technologies I 0 LTP/O LAP Too Is Web-Enabled Application |^BB B BHi To deliver agility in the supply chain, BAX uses EB Best Practice Supply Chain
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      561 59 |/ij By f ifr/1 ■j*'! ffi/l/ We have won many awards in the past, but Jf^^v. winning the International Trade Award is the most I Pi: 4 V prestigeous one so far. We are very indeed wA it L honoured to receive this award. pHP W jfe B I v
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      123 61 DHL Singapore is proud to include the prestigious International Trade Award 2000-2001 in its list of accolades. Added to this >" i uTff coveted industry award is DHL's win of the "Teleperformance Grand Prix Customer Service Diamond Award twice in a row 1999 and 2000. What's more, for 14 years
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      204 62 Jtjt liMfural I-ifi yyt Hj tel? silt 1 JI&? .iIBF. tw§ jsiP iiiitk I <? $m£& h tv v I -■-i' ;i^r^f /Xjl -r 2000-2001 Ss -^s* 8 i-"." <*>. <& i-c«- a p o* i S I ft-, \r ;f V 4 > V f J C! wilmar V
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      142 63 i^T^PWFi ili ~Wm M^^^^^BBBHBBBBBißfcMi^^BHMK^fc^rfct£f*>r*^ ,,fe ~v t h a*,a£rffr gMjisiL Congratulations m O R f Raffles Shipbrokers (S) Pte Ltd y jpi Raffles Shipping Investment Pte Ltd O ZZZLjmIII Raffles Shipmanagement Services Pte Ltd China National Cereals, Oik and r Archer Daniels Midland Company Foodstuff Import Export Corporation Your Strategic
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      171 64 WINNERS f jHf 'V' v. The Singapore Trade Development Board -lip J extends its warmest congratulations to all -i i' J ITA and MTA winners for their outstanding Jyf** r r performance and contribution to Singapore's TRANSCENDING TIME international trade. As we brave the new economy, we encourage all to
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      151 65 ALL ft*i WM T H_£ R f l ML m%3L I HI #W Jklf A pathfinder can be defined as an explorer BAX Global Pte Ltd f* 0., discoverer; someone wtio xa.i9.tes ond international TradinafcJ© finds routes across land or sea. Companies today need to be pathfinders and more. Creative
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      264 67 AEROSPACE ELECTRONICS LRND SVSTEMS MARINE Engineering Our Future B Singapore Technologies Engineering (ST Engg), an integrated engineering group which specialises in the fields of aerospace, electronics, land systems and marine, is proud to be awarded the International Trade Award by the Trade Development Board. With a workforce of about 10,000
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      113 69 Stepl: Step 2: Step 3: Raise right arm Tap shoulder Repeat to shoulder and back I! 'v., 5 I I i 1 MOTOROLA WOULD LIKE TO THANK EVERYONE WHO HELPED US WIN THE INTERNATIONAL TRADE AWARD. As a company, we're honoured to receive the prestigious International Trade Award. An award
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      110 70 What you want, WHEN YO.U WANT IT. ..A .t-Jfekai!«*».'» aki IfiZks A mud r 4- I p T «y ik* Ps With more fl the than |fi <?£ offshore industry better B8 3 B '?g Ife Nri i than most. ifP I > Blil i We've been customqp >S fiEl
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      83 71 Congratulations to Salcon Limited on winning the ITA again, GRUNDFOS KSB OOCBC Bank €818* Grundfos (Singapore) Pte Ltd KSB AMRI (Asia Pacific) Pte Ltd Overseas-Chinese Banking Corporation Limited Kardin-Wan Shen Logistics Pte Ltd FLUID TECHNOLOGY PTE LTD H ABNAMRO Bank inci Fluid Technology Pte Ltd 1 U kJ/m ABN AMRO
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      191 73 ,r- V fc >.** "v- We'd like to thank our employees, partners and customers for helping us win the TDB Millennium Trade Award. If Kvfv I 'i 4r ji v n 4 w i Ahs y Vi \ii mk w H|| v v i JmA. i M W' Jtm£ ■v
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      124 74 CONGRATULATIONS TO ALL THIRTEEN WINNERS OF THIS YEAR'S TRADE AWARDS. fwre a/w p-rrM/X \tr oa/(( tr\A/\r DBS-TDB Millennium Trade Award Winners Shell Companies in Singapore Singapore Airlines International Trade Award Winners Air Express International Singapore PL/Danzas AEI Motorola Electronics Pte Ltd Creative Technology Ltd Keppel FELS Ltd Wilmar Trading Pte
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