The Business Times, 8 September 2000

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Microfilm: NL21913
Total Pages: 62
1 62 The Business Times
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  • Title Section
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    11 1 MITA(P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial com.sg/ FRIDAY, SEPTEMBER 8, 2000
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  • Article
    Lock icon MARKET SUMMARY
    78 1 □m VMM (-21.90) niMK LI 826J52 (-6.80) Cj wt OOBZ futoies mm ymm (-19.00) ri smsa nmjßEs M ***** (-3 20) STOCK BASKET INDICES Thursday Change KLSEOOMP 749.64 -691 NIKKEI m 1MN.4C -9141 HANO SENG 17.411 -17U8 SET INDEX l«it -120 JAIABTACOMP _472J0 2J6 MANILA COUP -.UM-W 4.H
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  • Article
    Lock icon FINANCE
    74 1 F01EX BATES us» ss fS$ 1.722 £(l!S$/S$per£) IM 1480 EURO{U8$/SJ/E) 0.9SI 1.497 DM 2182 1JQ8 YEN 1011 tlJO RM UN 2.194 HKS 7.799 4 AM BAHT 41.41 2194 RUP1AH 8J90 4344 PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7 87 JAKARTA 39.09 BANGKOK rJM MANILA 11.00 HONGKONG 8M TAIPEI 7.84
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  • Article
    Lock icon Soaring oil prices fuel fears of economic disruptions
    848 1  -  US Energy Secretary declares oil prices to be "nnacceptably high" By Vikram Khanna [SINGAPORE] Crude oil prices surged close to the US$35 per barrel mark yesterday their highest level since November 1990 prompting fears of rising inflation and other disruptions in the
    848 words
  • Article
    Lock icon Saudi assurance cuts no ice
    84 1 Reuters [LONDON] OU markets at 10-year highs pUed on the agony for hard-hit fuel-importing countries yesterday despite word that Saudi Arabia had assured the US it intended to reverse the price spike. Benchmark Brent crude slid an initial 70 US cents on word that Opec's
    Reuters  -  84 words
  • Article
    Lock icon Low-risk investments with higher yields take off
    713 1  -  ■exclusive Products like DBS Bank's Moneyplns offer returns better than fixed deposits By Genevieve Cua [SINGAPORE] If you think that low-risk investments mean boring investments, think again. Low-risk products that promise higher returns than traditional fixed deposits have taken off with a bang
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  • Article, Illustration
    Lock icon SembCorp unit bidding for Indon firm
    474 1  -  iiexclusive Food firm, formerly owned by Bob Hasan, worth up to USssom From Shoeb Kagda in Jakarta SINGAPORE Food Industries (SFI), which is 75 per cent owned by SembCorp Industries, has emerged as one of three international companies bidding to take over a food
    474 words
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      354 1 DBSBPg Executive Top stories ASME chief gets ready to hand over reins. Next Page BT Comment Capital redistribution reflects badly on Parkway. Pg 4 lake- heart BT launches weekly health page r I|< lO< I •11 < i 11 '.I<< '.II! lilt' IliMlt <:'m M".» r. It ii". .tI. ii
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      11 1 Ofl wont fall in short term whatever Opec does, Pg 3
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Banking on the neighbours
        149 2 THE Malaysia-Singapore Business Forum this week featured presentations by the chief ministers of Johor and Malacca on the business and investment opportunities in their states. The talk by Malacca Chief Minister Wira Mohamed Ali Rustam was preceded by a slick 15-minute CD-Rom show highlighting the many
        149 words
      • Article
        Lock icon Currency calculations
        75 2 EARLIER this week, BT Online ran a poll after the Hong Kong Monetary Authority said any change in the Chinese yuan's exchange rate would not affect the Hongkong dollar. The poll question was: Will a devaluation of China's renminbi have a major negative impact on regional currencies? Yes,
        75 words
    • Article
      Lock icon 'Jamming' studios sprouting in public sector
      636 2  -  exclusive HDB, PMO, MOE among the lead innovators By, Anna Teo [SINGAPORE] The government is, in John Kao terminology, jamming. Putting its money where its mouth is, the public sector has quietly been sprouting little "innovation labs", investing in work systems to spur better,
      636 words
    • Article, Illustration
      Lock icon 'Dynamo' Derek gets ready to hand over reins
      1061 2  -  PBOPlfi Members land his contribution to the SHE cause, which will continue By Chuang Peck Ming [SINGAPORE] Doubling as the head of the national body for small and medium-sized firms while running a publicly-listed company must have taken quite a bit out
      FILE PHOTO  -  1,061 words
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      267 2 Asia's Premier Financial Planning event attended by 800 delegates from 10 countries in 1999. Position Yourself and Your Company to Succeed in the Changing Financial Services Industry! An unparalleled panel of top-level speakers include: N K W AS iB9 ■HHHHHIIHIVHHIHIIHHHHHHIHIB .<*v Peter Lefferts Patricia Houlihan Kent Allison Executive Managing Director
      267 words
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  • FOCUS oil price
    • Article, Illustration
      Lock icon Oil won't fall in short term whatever Opec does
      666 3 The dilemma facing the cartel is how to control prices without causing a collapse, say analysts FT Bloomberg WHEN the Organisation of Petroleum Exporting Countries gathers this weekend in Vienna, it will be the third time this year that the cartel
      FT; Bloomberg; REUTERS; Source: Bloomberg  -  666 words
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      23 3 FOW's(7th) Annual Asia Pacific Derivatives Exhibition 19th 20th September 2000 Insert with your copy of The Business Times today do not miss it
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      420 3 mm Pacific economies have recovered The entrance of China into the The Fund invests directly into the five since the Asian crisis. Growing World Trade Organisation will raise star rated** Luxembourg registered foreign trade and investment; Asia's profile within the global Henderson Horizon Pacific Fund, which increasing M&A activities and
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  • SINGAPORE companies
    • Article
      Lock icon Former Liang Court fined over lapses in takeover process
      463 4  -  Firm pays $75,000 penalty for Ming to send takeover circulars to shareholders on time By. Andrea Tan SOMERSET Holdings, formerly known as Liang Court Holdings, was fined $75,000 yesterday for failing to deliver a written recommendation to minority shareholders on a
      463 words
    • Article, Illustration
      Lock icon Sing Lun offers 60m shares at 29 cents each
      499 4 Garment maker prices shares at 7.25 times forecast price-earnings ratio GARMENT maker and procurement agent Sing Lun Holdings yesterday offered 60 million new shares at 29 cents each for a listing on the main board of the Singapore Exchange. The offer
      CHRIS LOH  -  499 words
    • Article
      Lock icon UOB, Allianz in asset management venture
      262 4  -  They plan 3rd-party business to cover all sectors of the Chinese market By Serena Ng UNITED Overseas Bank and Germany's Allianz Group have formed a 50-50 joint venture to explore asset-manage-ment opportunities in China. The two said in a joint statement yesterday they plan
      262 words
    • Article
      Lock icon Parkway won't recover soon, say analysts
      335 4 Bloomberg PARKWAY Holdings Ltd is having a rough September: its lower than expected earnings report prompted at least four analysts to downgrade the stock to a "sell", resulting in as much as a 12 per cent drop in its shares. Seven of the 14
      Bloomberg  -  335 words
    • Article
      Lock icon Capital redistribution reflects badly on Parkway
      608 4  -  I't.MM lock slew lee han shih Healthcare is a booming business in Asia. But giving money back to shareholders capital redistribution is a favourite of sunset industries. So why is Parkway Holdings, which describes itself as a premier private healthcare concern in Asia, giving
      608 words
    • Article, Illustration
      Lock icon Brierley incurs US$162m loss; but looks to current-year profits
      657 5  -  Company is close to announcing an acquisition soon By Conrad Raj BRIERLEY Investments Ltd (BIL), which reported a net loss after exceptional items of US$l62 million (Ss27B million) for the financial year ended June 30, plans to return to the black
      SIEW YAW HOONG  -  657 words
    • Article
      Lock icon Spindex posts 28% earnings rise as sales surge 37%
      304 5  -  Components maker plans to spend $7m this year to lift production capacity By Serena Ng COMPONENTS maker Spindex Industries yesterday posted a 28 per cent rise in full-year net profit to $5.35 million, boosted by stronger sales across most sectors. The
      304 words
    • Article
      Lock icon GMG Global posts 18-month net gain of $1.4 m on higher sales
      358 5  -  By Siow Li Sen GMG Global, a rubber plantation owner in West Africa, yesterday posted net profits of $1.4 million for the 18 months to June 30, on higher sales and lower operating costs. Sesdaq-listed GMG changed its
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    • Article
      Lock icon Car Auc gives the seller an online way to the highest price
      401 7  -  C2B set-op puts used vehicles up for auction in real-time, secure environment Byi Christopher Tan AFTER a delay of almost a year, online car trading house CarAuc was officially opened yesterday. A 50-50 venture between listed Singapore Computer
      401 words
    • Article, Illustration
      Lock icon Pidemco buys prime office space in Tokyo
      258 7 PIDEMCO Land has bought 11 floors of Shinjuku Square Tower, an office building in Tokyo's prime business district, for $140 million or about $1,170 per sq ft. The purchase, announced yesterday, is Pidemco's second in Tokyo. Last week, the govern-ment-linked group said it
      258 words
    • Article
      Lock icon Datacraft, Cisco team up to tap Asia-Pac market
      253 7  -  The pact, which has no financial arrangements, will focns on telcos, ISPs By David Boey NETWORK systems integrator Datacraft Asia and Internet equipment giant Cisco Systems have joined hands to sell networking products to telecoms companies and online service providers in the
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    • Article, Illustration
      Lock icon Sesdaq-bound Wittis keen on regional HQ in Singapore
      514 7  -  By Tay Hong Seng HONG Kong company Wittis Investment (Holdings), which makes and markets tuners and modulators for audio visual appliances, will set up a regional centre in Singapore. Founder and chairman Dave Ying Ming Kang told BT the group was looking
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      157 4 —zzzzzzzzz 1 SING LUN HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 30 December 1999) INITIAL PUBLIC OFFERING t 60,000,000 INVITATION SHARES COMPRISING:(1) 15,000,000 OFFER SHARES AT $0.29 EACH BY WAY OF PUBLIC OFFER; AND (2) 45,000,000 PLACEMENT SHARES BY WAY OF PLACEMENT, COMPRISING:- (I) 39,000,000 PLACEMENT SHARES AT
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      94 5 -1 *"*V, 1 .^i H I V ■> f ';V.*? \»4- SHHwIlP*' Rjf. «.,£<-- I 1» H I s ra 1 i 7 I y »^^^^^B^MwWM^Bfjßyy^^B^^^yr^B^^^B?^^smi^M?B^Bß^Bß?^^BTß?Tjy^^rwTiTW^B^BBfßßßTmwyMMHlmm»M|#myjslr To many Singaporeans, Catherine Lim's somewhat flamboyant style is immediately familiar. Overseas, however, it may be only her literary style that's as well known.
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Tech stocks drag STI down in lacklustre session
      548 6  -  'comment STOCKS ven sreenivasan THE Singapore stock market had another lacklustre session, with activity focused largely on a small group of secondliners and situational counters. Volume was thin in featureless trading that saw the Straits Times Index retrace another 21.9 points to
      548 words
    • Article, Illustration
      Lock icon IPCO wrt: best to steer clear as punters square positions
      191 6  -  WARRANT WATCH By Ven Sreenivasan IPCO International and its warrant both made the actives list yesterday. The warrant gained half a cent to 40.5 cents on about six million units. And the the stock headed the actives list as it
      191 words
    • Article, Illustration
      Lock icon Wing Tai in overbought territory
      241 6  -  HOT STOCK By Ven Sreenivasan WING Tai Holdings stock has been on an uptrend in the past three months. It gained another cent to $1.68 yesterday on 4.4 million units traded good enough to earn it a spot on the actives list. The counter is
      241 words
    • Article
      Lock icon Market Notices
      134 6 ♦SINGAPORE Reinsurance Corporation is going ex-dividend (interim dividend of 5 cents) on Sept 15. Last day for buying-in on a com basis is Sept 20. Date payable is Oct 5. ♦GES International is going ex-dividend (final dividend of 0.7 cent tax exempt) on Nov 9. Last day for
      134 words
    • Article
      Lock icon Technical buying helps euro to crawl off new lows in Tokyo
      343 6 AFP [TOKYOI Technical buying helped the euro crawl off new record lows against the dollar and yen reached in Tokyo yesterday, but its prospects remain as dim as ever, dealers said. Investors sent the common European currency to new
      AFP  -  343 words
    • Article
      Lock icon Untitled
      468 6 Slocks Vo*uw» IPCO 20c 29,979,000 Inchem Wdgs 15c.., 14,274,000 Transvww 10c 8,546,000 DBS Land 6,876,000 Bnertey NZ10C 6,667,000 Liang Huat 10c 6,406,000 IPCOWQ2 6,046,000 Parkway H 50c 5,942,000 SJngTal 15c 4,734,000 Boardroom5c^™™j^^ Slocka > Chart Semiconductor 26c 40,687,026 ParkwayH50c 23,002,518 DBSGrp 20,532,296 DBS Land 19,751,671 jrrmdgsioc 18,345,583 lf»C020c 17,994,690 StA
      468 words
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      155 6 How far would you go to lock in freshness? Preserving your food shouldn't send a chill down your spine. Especially once you've discovered Whirlpool refrigerators. Packed with the freshest ideas, they now come with a free safe* too! Making it the safest way to keep your food under wraps until
      155 words
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      22 6 Grow Your CPF With eiBht v.. >31 >i;s > SPECIAL INTERESTS The Straits Times Classified. Classifications 52 86. Buy it sdiit fm it
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      130 7 This announcement appears as a matter of record only September 2000 EVibroPo wer VIBROPOWER CORPORATION LIMITED (Incorporated in the Republic of Singapore on 23 May 2000) INVITATION IN RESPECT OF 26,250,000 ORDINARY SHARES OF $0.05 EACH COMPRISING 17,500,000 NEW SHARES AND 8,750,000 VENDOR SHARES AS FOLLOWS:(A) 5,000,000 OFFER SHARES AT
      130 words
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      781 7 EVibroPower VIBROPOWER CORPORATION LIMITED (Incorporated in the Republic of Singapore on 23 May 2000) INVITATION IN RESPECT OF 26,250,000 ORDINARY SHARES OF $0.05 EACH COMPRISING 17,500,000 NEW SHARES AND 8,750,000 VENDOR SHARES AS FOLLOWS:(A) 5,000,000 OFFER SHARES AT $0.33 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (B)
      781 words
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      430 8 In the pulse of city life Tranquil and luxurious living .with the city at your doorstep Jin the heart of Singapore, beats the soul of new Asia. Orange Grove Road, just around the corner from hi If Vibrant yet serene. Modern yet traditional. Expressive yet Singapore s premier shopping and
      430 words
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      451 9 TREETOPS ||H|||^^H EXECUTIVE i* •i t t i V historical colonial bungalows and mature greenery. if I m SHANGRI-LA v%%-. Owned by a trust set up by a prominent Arab W# hotel thei^NoUN merchant, no expense has been spared to bring out the .jjjllf best of an unrivalled location. Positioned
      451 words
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  • SINGAPORE news
    • Article
      Lock icon Public support is key in monetary policy: minister
      758 10  -  Soand fiscal policy, banking system and monitoring of economy also vital, says Hng Khiang By Chuang Peck Ming PUBLIC backing for stable prices and a supportive fiscal policy will increasingly play a more important role in monetary policy, Second Minister for Finance
      758 words
    • Article, Illustration
      Lock icon OUB sees 8% GDP growth this year
      296 10  -  on the economy outlook Vivien Ng AFTER outperforming early forecasts this year, the Singapore economy is expected to return to trend growth of 7 per cent in 2001, according to Overseas Union Bank. The economy has grown an average of 7 per cent
      Source: UOB  -  296 words
    • Article
      Lock icon Goodies in store for visitors to Hong Leong's website
      234 10 IF you get to know the Hong Leong group well, you'll have a chance to win attractive prizes including trips and accommodation for two to Los Angeles and London. Other prizes include $1,000 of fixed deposits from Hong Leong Finance and
      234 words
    • Article, Illustration
      Lock icon Keppel offers more Caribbean units at $850 psf
      252 10 HAVING sold off more than 80 per cent of the first 100-odd units at the Caribbean at Keppel Bay released last week, Keppel is offering another 69 units this time at a slightly higher average price of $850 psf The first phase
      252 words
    • Article, Illustration
      Lock icon Phase four will add 550ha to Jurong Island
      437 10 German chemical giant Celanese opens its third plant here THE development of Jurong Island is progressing according to plan, said Trade and Industry Minister George Yeo at the opening of Celanese Singapore's new plant yesterday. Phase four of the land reclamation project
      THOMAS WHITE/ST  -  437 words
    • Article
      Lock icon Telecom consultancy Spectrum sets up regional office
      411 10  -  i exclusive By Catherine Ong SPECTRUM Strategy Consultants, a London-based consulting firm which helped Star Hub win its phone licence and advised the Singapore Broadcasting Authority on a revamp of the broadcasting industry, has set up a regional office here. Reflecting the firm's
      411 words
    • Article
      Lock icon MediaCorp unit wins licence for regional broadcasts
      231 10 Bloomberg MEDIACORP News Pte, the news unit of state-owned broadcaster Media Corporation of Singapore Ltd, has won a licence from the government to telecast news programmes throughout the Asia region via satellite. The company intends to tailor news content from its existing Singapore
      Bloomberg  -  231 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Need to cater to variety of choices in recreation
      203 11  -  Ang Hwee Suan (Ms) Head, Public Relations for Chief Executive Officer Chief Planner Urban Redevelopment Authority I REFER to your reader Yee Yang Shane's letter, "Land can be put to better use" (BT, Sept 6). Golf course developments are generally limited
      FILE PHOTO  -  203 words
    • Article
      Lock icon Inexplicable orders in SGX's new system
      252 11  -  Charlie Lau I REFER to the recently-intro-duced pre-close and pre-open-ing routines introduced by the Singapore Exchange and wonder whether people have been fooling around with the system. The new system is to ensure orderly transactions when the market opens for trading at 9am, and
      252 words
    • Article
      Lock icon KepLand wrts:Hope for new lease of life
      179 11  -  Narayana Narayana I REFER to the column by Lee Han Shih, "KepLand warrants: chickens coming home to roost" (BT, Aug 17). I overlooked reading Mr Lee's column earlier, and by and large his criticism is fairly justified. However, he overlooks market conditions and
      179 words
    • Article
      Lock icon Give projections of degree of road congestion
      224 11  -  Francis Chen I REFER to your report, "Islandwide ERP could cost you $20 a day" (BT, Aug 31). In view of the comment by the Minister of State for Communications and Information Technology John Chen that the time frame for implementing electronic road
      224 words
    • Article
      Lock icon Scrap COE and road tax when ERP is islandwide
      101 11  -  A Halid I REFER to your report "Islandwide ERP could cost you $20 a day" (BT, Aug 31). $20 each day multiplied by 20 days a month (Mondays to Fridays) totals $400, or $4,800 a year. That is the equivalent of
      101 words
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      138 11 We welcome letters. E-mail us at btletterQsph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your Ml name, address and telephone number, so we can verify It came ITom you. Please use temperate language, and bear In mind
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      107 11 Q99 The official delivery company of the 2000 Olympic Games. Long Distance Runner The 2000 Olympic Games will involve 10,200 athletes in 28 sports, 5,100 officials and 15,000 media people. To do their jobs while they're there, they'll need things like track shoes, training tables, boxing gloves, cold packs, hot
      107 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Hostage drama: countdown to a showdown
      734 12  -  E7THS bottom line OPINION al labita The writer is BT's Manila correspondent ONE of these days, the Philippines' longrunning hostage drama is likely to end in blood Hie crisis has dragged on for nearly five months and the government has no other option left
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    • Article
      Lock icon IN OTHER WORDS
      82 12 'Even among liberal democracies, one can still find deep-seated antipathy towards free-market competition and its partner, creative destruction, to use Joseph Schumpeter's now-famous insight' -Alan Greenspan US Federal Reserve chairman, on when economic growth comes down to a lower, historically more normal level 'Economic growth, frankly, is
      82 words
    • Article
      Lock icon Small gains in Mori-Putin talks
      639 12 EDITORIAL IT IS regrettable that the spirit of give-and-take which characterised the summit meeting between leaders of North and South Korea earlier this year was not in evidence when Japanese Prime Minister Yoshiro Mori and Russian President Vladimir Putin met in Tokyo this week. Their
      639 words
    • Article, Illustration
      Lock icon Is Wall Street about to become Wall Strasse?
      1015 12  -  Because Wall St is so dominant in financial markets, the rest of the world's hankers have to grab a piece of the action By\ Matthew Lynn Bloomberg CREDIT Suisse Group AG's takeover last week of Donaldson, Lufkin Jenrette Inc for US$l3 billion
      Bloomberg; REUTERS  -  1,015 words
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      Lock icon WHAT THE OTHERS SAY
      931 12 Bad for Australia A DEMOCRATIC system can ensure public participation in the free election of a government but it does not necessarily guarantee protection of minority rights, while laws enacted to do so can prove inadequate in certain cases. Appropriate international human rights bodies become relevant
      931 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Banks down on merger concerns
        41 13 BANKS declined on concern the country's 54 lenders will encounter problems as they merge into 10 groups. AMMB Holdings, the country's fifth largest lender, fell 50 sen, or 5.9 per cent, to RM7.95, its fourth decline.
        41 words
      • Article
        Lock icon DiGi stake sale to Softbank off
        70 13 DiGi.com Bhd, Malaysia's third largest mobile phone operator, fell 20 sen, or 3 per cent, to RM6.40. The company said shareholder Vincent Tan Chee Yioun called off plans to sell a 3 per cent stake to Softbank Corp, one of the world's largest investors
        70 words
      • Article
        Lock icon MAS extends losses
        81 13 Compiled from Bloomberg MALAYSIAN Airline System Bhd feU 24 sen, or 7 per cent, to RM3.20, extending a 3.4 per cent drop on Wednesday. The stock fell as global crude oil prices surged to their highest in 10 years, prompting concern the national carrier's earnings will be
        Compiled from Bloomberg  -  81 words
    • Article
      Lock icon M'sian industrial output rises 19.4% in July
      240 13 KUALA LUMPUR Bloomberg MALAYSIA'S industrial output rose at its second-fastest rate in five months in July as rising demand for cars and other goods prompted manufacturers to ramp up production. Total production rose 19.4 per cent from a year ago after rising 20.1
      Bloomberg  -  240 words
    • Article, Illustration
      Lock icon KL urged to invest in IT education and venture capital
      940 13  -  This is int'l panel's recipe for Mnltimedia-Snper Corridor project From Diana Oon Abdullah in Kuala Lumpur MALAYSIA has to redouble its efforts to nurture an IT workforce as well as foster a venture capital industry if its Multimedia-Super Corridor (MSC)
      AFP  -  940 words
    • Article
      Lock icon MAS set for boardroom revamp, says MBT report
      263 13 KUALA LUMPUR Reuters NATIONAL carrier Malaysian Airline System Bhd (MAS) could see a boardroom reshuffle while the fate of its 29-per cent shareholder Naluri Bhd is decided, a newspaper reported yesterday. Quoting unidentified sources, the Malaysia Business Times said the government, with
      Reuters  -  263 words
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      446 13 BHHIHHHHHHiHBHHHHHHHHI GST Practical Complexities In a Simple Tax Offering an in-depth analysis of the practical issues and problems faced by companies, and the solutions to these problems. Topics include: Zero-rating of Exports Inter-company billings recovery of expenses Zero-rating of International Services Conditions governing input tax claims Handling goods on behalf
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      60 13 V wwwtaytormadegotf.com S v ••iWBSp.- ■•-?viPß| adldas »-*U" ->- r, k «w< v i- t«. -•»;->T.> concept x^ r i.> shop is now open "§S^ S? r w Hit the r-«u% -T* Cv'/' r w /»> ZT < 4>* w 1 j «^v '•qp >. v jhSfc y •■--v-'"-. V
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  • REGIONAL news
    • Article
      Lock icon Indonesia signs new letter of intent with IMF
      461 14 Agreement includes 10-point plan by Jakarta's new economics team AFP INDONESIA'S new economics czar Rizal Ramli has included a 10-point economics plan in a slightly altered pledge on reform commitments to the International Monetary Fund (IMF) that the country signed yesterday, paving
      AFP  -  461 words
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      Lock icon Soaring oil prices could trigger inflation: Apec
      253 14 Bat economic ontlook for region is encouraging, it says AFP [BANDAR SERI BEGAWAN] Finance officials from Asia Pacific Economic Cooperation countries yesterday expressed optimism about economic prospects in the Pacific Rim region but sounded a warning about the potential effects of rising oil
      AFP; AP  -  253 words
    • Article
      Lock icon Gus Dur denies plan to buy new plane
      158 14 NEW YORK Bloomberg PRESIDENT Abdurrahman Wahid yesterday denied plans to buy a Boeing 737-800, saying that Indonesia does not have the cash to buy a new aircraft for presidential use. Earlier this week, newspapers quoted Wahyu Muryadi, chief of the state secretariat's
      Bloomberg  -  158 words
    • Article
      Lock icon Thai Rak Thai pledges corporate tax cut if elected
      468 15 BANGKOK Move aimed at attracting more firms to stock exchange Bloomberg THAI Rak Thai, a political party led by billionaire Thaksin Shinawatra, said yesterday if elected it would cut taxes of listed companies by a sixth to attract more firms to
      Bloomberg  -  468 words
    • Article
      Lock icon Three men held in Taiwan's NT$20b arms scandal
      405 15 TAIPEI AFP A NAVAL captain and two retired naval officers have been detained on suspicion of inflating an arms deal by NT$2O billion (Ssl.l billion) in Taiwan's worst military scandal, reports said yesterday. A fourth suspect retired officer Hsuan Peng-lai was released
      AFP  -  405 words
    • Article, Illustration
      Lock icon Manila steps into the market to bolster peso
      493 15 MANILA Bnt it has minimal effect on reserves, says central bank AFP MONETARY authorities dipped into the Philippines' dwindling US dollar reserves for a second day yesterday to bail out the peso as the government appealed for calm to ease speculative pressure.
      AFP; REUTERS  -  493 words
    • Article, Illustration
      Lock icon India to open up int'l phone services
      604 16 NEW DELHI VSNL stock down as it will lose monopoly on international calls from 2002, two years earlier than planned AP Bloomberg SHARES in India's state telephone monopoly fell yesterday on the news that international phone service would be opened to competition in
      AP; Bloomberg; AFP  -  604 words
    • Article
      Lock icon SHK to pump HK$6.8b into MTR venture over 3 months
      297 16 ■HONGKONG The HKs2sb project includes a 102-storey skyscraper Bloomberg SUN Hung Kai Properties Ltd, Hongkong's No 2 real estate developer, said yesterday it would spend HK$6.B billion (551.51 billion) over the next three months on its property development project with
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      Lock icon Reliance eyes stakes in Indian state-run airlines
      219 16 NEW DELHI Joint MD meets minister over matter Reuters INDIA'S largest private firm Reliance Industries Ltd is interested in taking equity in state-run Air India and Indian Airlines, the Press Trust of India (PTI) reported on Wednesday. Reliance joint managing director Anil Ambani
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    • Article
      Lock icon HK debt collectors turn abusive
      459 16 HONGKONG Reuters A FEW times each week, Andy Kwok gets unwelcome visits from two or three burly men who bang violently on his door and scream abuse. The men are employees of a so-called financial management company hired by one of Hongkong's biggest banks to
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      230 14 l */3 first broadband service in Asean Cisco Systems. A name synonymous with In today's demanding environments, global networking systems for businesses. ACASIA ATM easily meets every demand and surpasses expectations and beyond. ACASIA. An Asean's strategic synergy of 6 by providing businesses with ultra-high major international telco providers, namely
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      14 14 ■>DAY©&^*#. anhe Zaobao Breakthrough in China's stock mart: •Foreign capital allowed •Night trading •AiWfAl
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      71 15 Since 1975 our worldwide staff of over \ri 275 multi-disciplined professionals y j including lawyers, chartered accountants. chartered secretaries and bankers have k O provided confidential and cost effective company formation in all the major low tax areas including: Incorporation Fees from USSSOO The world's leading Florence Nathan i"""m Mar.iqer
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      92 15 From a humble start as a trading company; the Hong Leong Group today is a leading homegrown conglomerate with operations in Asia-Pacific, Europe and J I North America. It looks like we are just living up to our name which in Chinese means 'Boufftfftri MiNst"! I I Come visit our
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      166 16 I LEGENDARY CUISINE -^a*oundthe^ o 11 J'.-./ <*& i' &M-.V .j.-.w. 'hs&A'-'V V Wfcyv French cuisine meets f -i breathtaking medley ot inspiring French masterpieces and enjoy v- 'In I Fine Italian Masterpieces Heavenly Cantonese Cuisine Exotic Aussie Bush Fare Culinary Wonders of E^pt I at Salon by the Pool,
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  • e-NEWS
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      Lock icon B2B commerce to hit US$4.8t by 2004, says study
      603 17 NEW YORK But in negotiating price and other terms, Internet will only play ancillary role to sales force Reuters BUSINESS between companies is increasingly migrating from the fax machine and telephone to the Internet and should reach US$4.B trillion (SsB.3 trillion)
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      Lock icon Even Hollywood fails to salvage dotcoms
      395 17 LOS ANGELES Two more online entertainment firms lay off staff Reuters IN Hollywood, people like to say it's all about who you know. But even dropping the biggest names in Tinsel Town, such as Steven Spielberg, Ron Howard or David Geffen, isn't enough to
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      Lock icon Virtual scents coming soon as rival firms merge
      283 17 NEW YORK Reuters WELCOME to the era of click and sniff. The nose may know what the computer can only guess at but virtual aromas may soon be wafting to a keyboard near you. DigiScents Inc, a highly touted US start-up seeking
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      Lock icon Tiscali, World Online close to merger
      510 18 MILAN It will create Europe's second biggest online company after T-Online Bloomberg Tiscali SpA, Italy's third largest Internet service, and World Online International, a Dutch rival, said they are close to reaching an agreement to merge, creating Europe's second biggest online company. Shares in
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      Lock icon AT&T unit wants to buy out rival Nextel
      365 18 NEW YORK AT&T board also to discuss possible merger with British Telecom, says report AP AT&T Wireless may propose a buyout of mobile phone rival Nextel Communications at an AT&T board meeting later this month in a bid to shine new light
      AP  -  365 words
    • Article
      Lock icon SEC sues 33 parties over share price manipulation
      383 18 WASHINGTON AP US government regulators have announced action against 33 companies and individuals that allegedly used the Internet to defraud investors by manipulating prices of small-company stocks. The accusations made public on Wednesday were part of the Securities and Exchange Commission's fourth
      AP  -  383 words
    • eBriefs
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        Lock icon Voice Stream deal clears 1st hurdle
        85 18 Reuters [BELLE VUE, Washington] Deutsche Telekom's proposed acquisition of Voice Stream Wireless Corp cleared its first regulatory hurdle in the US, the companies said yesterday. They said the deal passed the first step alter the expiration of the review period by the US Justice
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      • Article
        Lock icon Novell to axe 900 staff
        117 18 NYT (NEW YORK] Novell Inc said on Wednesday that it would eliminate 900 Jobs, or about 16 per cent of its worldwide work force, in an effort to reduce costs. The company said it would take a pre-tax charge of US$4O-$5O million in its fourth
        NYT  -  117 words
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        Lock icon Softbank unit ups TeraBeam stake
        59 18 Bloomberg [SEATTLE] Softbank Corp's US venture capital unit lifted its stake in Teraßeam Networks Inc to about 26 per cent from 10 per cent by buying US$lOO million of stock from the closely held company's founder Greg Amadon. Terms weren't disclosed. Seattle-based Teraßeam said Softbank
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        Lock icon US to increase foreign talent visas
        130 18 NYT [WASHINGTON] To alleviate apparent shortages of computer programmers, US President Bill Clinton and Congress have agreed to raise a quota on H-lßs, the temporary visas for skilled foreigners. The annual limit will go to 200,000 next year, up from 65,000 only three years
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        Lock icon Microsoft to unvell new software
        92 18 Bloomberg [REDMOND, Washington] Microsoft Corp, the world's largest software maker, said it plans to release a new version erf its software to power miniature notebook computers. The HPC 2000 software powers small notebook computers manufactured mainly for business use in performing simple tasks such as
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        Lock icon Instinet, Yahoo in Net pact
        81 18 Bloomberg [NEW YORK] Instinet Corp, which runs one of the largest automated stock trading systems, reached a pact with Yahoo! Inc to publish stock prices over the Internet. Yahoo Finance site users will gain access to Instinet trade information that until recently was reserved for
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      Lock icon Chip stocks down despite good prospects
      439 18 Reuters [SINGAPORE) Market sentiment may have soured toward semiconductor shares, but conviction about the prospects of some of Asia's key chip firms appears undiminished. From Taipei to Tokyo, investors dumped tech stocks following a two-day 10 per cent slide in Intel Corp, the world's
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      176 17 Will you be there r f Make your business H Customers are changing their habits: Increasingly, they do their shopping and their business how where and when they please via internet y < rk.v :mi<; *»ven over breakfast in bed. In the 11*'<! i fuUm more than 200 million people
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      475 18 I NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 BANK OF CHINA Head Office 410 Fuchengmen Nei Dajie, Beijing *****8, China. Tel: (0086) 010-*****688 Telex: ***** BCHOCN Fax: (0086) 010-*****869 Http: //www.bank-of-china.com Singapore Branch 4 Battery Road, Singapore *****8 Tel: (65) *****11 Telex: RS ***** BKCHINA Fax:
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      674 19 AN ISSUE WORTH INVESTING in >- < jr.&h 1 <A+ uttOiwoH •i b'Pli v v.~ •>: '> f*' Mt HDB's Fifth Note* issue open to the public. Available through the ATMs of the five local banks. Take advantage of this Note issue from a household name that you can trust.
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  • WORLD news
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      Lock icon Japan's business confidence rises with sales, profits
      238 20 TOKYO Bloomberg JAPANESE business confidence rose this quarter, as companies enjoyed rising sales and profits, evidence the economic recovery is gathering strength. The business sentiment index for large companies rose to 5.9 for the three months to Sept 30, from 4.6 the previous
      Bloomberg  -  238 words
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      Lock icon iX exchange plan is unworkable, says study
      322 20 LONDON Report commissioned by Merrill Lynch donbts iX can deliver low trading costs Reuters A STUDY commissioned by executives at investment bank Merrill Lynch has blasted the planned merger between the London Stock Exchange (LSE) and Frankfurt's Deutsche Boerse, the Financial Times said
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      Lock icon Korea holds interest rates to help firms repay debt
      454 20 SEOUL Bloomberg KOREA'S central bank left interest rates unchanged for a seventh month to help companies repay billions of dollars in debt to ailing lenders, even as inflation accelerated. The seven-member Bank of Korea monetary board voted at its monthly policy
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      Lock icon Ernst & Young ordered to face lawsuit for negligence
      480 20 Ernst Young ordered to face lawsuit for negligence NEW YORK A group of banks had relied on its audits to lend USs6sm to troubled firm Bloomberg ERNST Young must face a lawsuit by a group of banks that allege the world's third largest accounting firm was negligent in preparing audit
      Bloomberg  -  480 words
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      Lock icon Merrill Lynch launches 3 new fixed income indices
      461 23 HONGKONG Aim is to better reflect new investment conditions with the shrinking of the sovereign debt market Reuters SHRINKING sovereign debt supply in many of the world's largest credit markets has spurred Merrill Lynch to develop three new fixed income indices to
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      Lock icon Japanese bonds stage biggest gain in 5 months
      404 23 TOKYO Bloomberg JAPANESE government bonds staged their biggest rally in almost five months as yields at one-year highs and speculation a report due on Monday will show slowing economic growth lured investors. Bonds also rallied after the government said spending on factories
      Bloomberg  -  404 words
    • WORLD Watch
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        Lock icon Hedge tends bleed US$5b in Q2
        87 23 Bloomberg [NEW YORK] Investors pulled US$5 billion (SsB.6 billion) from hedge ftmds in the second quarter, the biggest such withdrawals since December 1996, as money came out of investment pools run by George Soros and Julian Robertson, according to Tass Investment Research. Overall, a
        Bloomberg  -  87 words
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        Lock icon Japan reserves down to US$344b in Ang
        65 23 AFP [TOKYO] Japan's foreign exchange reserves at the end of August fell to U*****.86 billion (*****.2 billion) from U*****.88 billion at the end of July, the finance ministry said yesterday. The reserves consist of convertible foreign currencies, gold and International Monetary Fund special
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        Lock icon Bank of England holds key lending rate
        75 23 AP [LONDON] Britain's central bank, the Bank of England, kept its benchmark lending rate unchanged at 6 per cent yesterday for the seventh month in a row. The base lending rate is what the bank charges other financial institutions and is an important
        AP  -  75 words
      • Article
        Lock icon DaimlerChrysler – Mitsubishi deal today
        67 23 DaimlerChrysler Mitsubishi deal today Reuters [TOKYO] DaimlerChrysler is poised to take more control at scandal-hit Mitsubishi Motors, with announcements of a bigger stake for the German-US auto giant expected today. Mitsubishi's admission last month that it had covered up customer complaints for more than 20 years has put enormous pressure
        Reuters  -  67 words
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        Lock icon Nippon Credit asks for 260b yen
        100 23 AFP [TOKYO] Japan's reborn Nippon Credit Bank Ltd yesterday asked for a 260 billion yen (514.2 billion) injection from the government as it seeks to lay down firm foundations under new ownership. NCB, which made a fresh start under a Softbank Corp-led consortium on
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        Lock icon Trading extended for energy futures
        77 23 Bloomberg [NEW YORK] The New York Mercantile Exchange, the world's largest energy futures market, will extend trading hours for some energy contracts beginning with yesterday's overnight electronic trading session. Electronic trading of crude oil, heating oil, gasoline and natural gas futures and options on the
        Bloomberg  -  77 words
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        Lock icon US wholesale sales fall; inventories rise
        75 23 Bloomberg [WASHINGTON] Sales at US wholesalers fell in July for the first time in 1 v* years as demand weakened for hardware, clothing and imported autos, the Commerce Department said yesterday. Wholesale inventories rose. Wholesale sales fell 0.3 per cent in July after rising
        Bloomberg  -  75 words
    • Article
      Lock icon Siemens Hawk-Eye software to end cricket controversy
      266 23 LONDON Bloomberg Reuters SCIENTISTS at Siemens AG, Germany's largest electronics and engineering company, have adapted missiletracking technology to solve one of the great debating points of the English game of cricket, the leg-before-wicket, or LBW, rule, The Financial Times reported. Cricket-mad scientists at
      Bloomberg; Reuters  -  266 words
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      Lock icon Corporate profits on the rise in Japan: survey
      244 23 TOKYO AFP JAPANESE companies are investing more and posting much bigger profits, in a fresh sign of hope for the world's second-biggest economy, the Finance Ministry said yesterday. A ministry survey of spending plans by over 19,000 non-financial firms found they invested
      AFP  -  244 words
    • Article
      Lock icon US interest in Asean may wane, PM Goh warns
      412 23  -  SINGAPORE He calls for stronger efforts on both sides to boost ties Byl Chuang Peck Ming PRIME Minister Goh Chok Tong yesterday warned US interest in Asean could weaken, and called for renewed efforts on both sides to boost their ties
      412 words
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      Lock icon US$ safe despite huge current account deficit: Fed official
      350 23 NEW YORK US growth is outpacing rest of the world, and the return on investment is very attractive Reuters FEDERAL Reserve Bank of New York president William McDonough said on Wednesday that although the US current account deficit was large, he
      Reuters  -  350 words
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      Lock icon Firestone chief says sorry for tyre problems
      348 23 WASHINGTON Reuters GRILLED by US lawmakers, the chief executive of Japan's Bridgestone/Firestone Inc apologised on Wednesday for tyre problems that have been linked to 88 deaths in the United States, while Ford Motor Co said it would not rest until "every bad tyre
      Reuters; AFP  -  348 words
    • Article
      Lock icon US accounting study calls for tougher audits aimed at fraud
      308 24 WASHINGTON It recommends expanding authority of independent Public Oversight Board Bloomberg AN accounting study group recommended a unified system of governance and self-policing for the accounting profession, with corporate auditors adopting tougher strategies for detecting fraud in financial statements. The
      Bloomberg  -  308 words
    • Article
      Lock icon 19 Japanese banks told to improve CAR
      135 24 TOKYO AFX-Asia NINETEEN regional financial institutions may be ordered by Japan's Financial Services Agency to undertake corrective measures to strengthen their operations if they fail to meet capital adequacy standards, the Nikon Keizai Shimbun reported. One regional bank, three shinkin banks or credit
      AFX-Asia  -  135 words
    • Article, Illustration
      Lock icon Bank of Scotland to foot big bill for mortgage errors
      369 24 LONDON It made mistakes in calculations when it issued the policies The Telegraph ROYAL Bank of Scotland has admitted miscalculating thousands of homebuyers' mortgages and promised to "pick up the tab" which is thought to rim into several million pounds.
      The Telegraph  -  369 words
    • Article
      Lock icon Call to raise IMF funding through securitisation trusts
      363 24 WASHINGTON Reuters A NEW financial instrument called a securitisation trust may help channel cash to emerging markets if rising sentiment against the International Monetary Fund stops countries giving new resources to the global lender, a new research paper from the Chicago Federal
      Reuters  -  363 words
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      2030 20 notices Jttkw-. ASTI HOLDINGS LIMITED PQB&W Piwlorma Half Year Financial Statement Announcement Half-year financial statement on consolidated results tor the six month* ended 30 June 2000 Th.ee (IgurM have not bM) audit*d Group (Not* Company SJ'OOO SJ'OOO 30«ffi) 30WW Clwge 3006/00 3QCO6/99 Chang* t<» ***** ***** 154% 0 0 '•W
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      317 21 Imagine your data being as r I safe as your own thoughts. i >^~ ■?>• ISraHMK^HMBPiih* JB H s&a.'Mfcppte.*' -rr 4", j£4-f:. a ''<» HttAgi Kb. St *S^ jjfl h' 3 ET J9 BL. M I 1 "^illSlPr "^fef j >>! J• 'i?*4^y^PH^''' x ft- v >--".'.s S i«R. 7
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      4882 22 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THI HIGH COCIBT OF THE REPUBLIC OF SINGAPORE Companies Winding Up No. 352 of 1999 In the Matter of the Companies Act. Cap SO and In the Matter of CAS CONSTRUCTION PTC LTD (In Liquidation) (RC No.
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      648 22 FORM 55 (Rule 112) NOTICE OF MEETING OF CREDITORS IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO 265 OF 1996 SIONG HUAT SHIPYARD PTE LTD (Under the Order for Winding-Up the above-named company dated 6 December 1996) Take notice that a meeting of creditors in
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      537 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 60 AND IN THE MATTER OF ALTA MODA INTERNATIONAL (SINGAPORE) PTE LTD (IN LIQUIDATION) NOTICE TO SUBMTT PARTICULARS OF DEBTS OR CLAIMS NOTICE IS HEREBY GIVEN that the creditor* of the abovenamed Company, whoee debts or claims have not already been admitted,
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      209 24 SONY. CMD-Z5 Navigate Communicate B o«"< e I z Advanced H a I ADVANCED 5-WAY JOG DIAL W V Empower yourself with a revolution in mobile menu navigation: A 5-Dimension Jog Dial that scrolls up, down, forward rr ■■''^fSr^Cl|V-." anc back. Enabling a more convenient and speedier one-handed navigation to
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  • TRADESPUR
    • Article
      Lock icon DIARY of Events
      79 25 Proposed Fairs/ Missions GIobaITRONICS 2000 Dn> 12-ISy^iiwln Licensing Asia 2000 Conference Dn»ll-ttSi|liiiln Global Franchising 2000 Franchise Excellence Award (FEA) In International Design Fonim 2000 D««4-70caalMr •APECFair Dam 11-22 Omlw PhiITRONICS 2000 Dwm 2$ 27 Ocftriwr Trade and Investment Mission to East Malaysia Dmm3l Ot«-4Nf» Mission to Iran
      79 words
    • Article
      Lock icon New Seminars/ Courses
      203 25 Identifying Mitigating Risks Frauds in International Trade new! (9am to spm) International HR Series: Selection and Compensation new! Do ii sif ii 19 w (7 pm to 9 pm) Young Designers' Concerns in the New Economy Strategic Finance in International Business Operations 4th Intake Business Opportunities Conference
      203 words
    • Article, Illustration
      Lock icon Cambodia Welcomes Singapore's Investors
      763 25 The Singapore Trade Development Board (TDB) led a trade, investment and tourism mission to Phnom Penh and Siem Reap from 1 to 4 August 2000. The mission coincided with an official visit to Cambodia by BG George Yeo, Minister for Trade and Industry. The mission comprised
      763 words
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      Lock icon The DBS-TDB Millennium Trade Award
      230 25 The 3rd International Trade Awards (ITA) honours Singapore's top trading pioneers TDB's International Trade Award (ITA) 2000-2001 ceremony was held on September 6. The prestigious biennial event recognises companies that have made outstanding contributions to Singapore's trade in the past three years. Senior Minister (SM)
      230 words
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      Lock icon IDF 2000
      165 25 International Design Forum (IDF) 2000, running from 4 to 7 October at the Singapore International Convention and Exhibition Centre, is themed "D-Commeroe The New Landscape". A host of international names, 300 delegates, and over 25,000 trade and public visitors will meet and explore this century's wave of design
      165 words
    • Article
      Lock icon Market Data Report Series
      495 25 CI l What it a Market Data Report (MDR)? A I Trade statistics play a crucial role in measuring the performance of Singapore's bilateral trade with its trading partners. They are also very useful for determining the direction of imports and exports of specific commodity products.
      495 words
    • Article
      Lock icon International Market Players Come Together At GlobalTRONICS 2000 (12-15 Sep)
      476 25 Come 12 September, Singapore will play host to GIobaITRONICS 2000, the electronics manufacturing event of the year organised by Reed Exhibitions Companies GIobaITRONICS 2000 will integrate six specialised electronics manufacturing exhibitions, i.e. International Procurement 2000, Asia Electronics 2000, Electronics Manufacturing
      476 words
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      50 25 For more information, please call TDB Tele Trade Information includes Information on Import 6c Export m W KqL TF iC TDB Business Library Services ■I M m J TDB Trade Fairs Missions, Business Seminars and Courses 24-hour hotline Setting up a Representative Office in Singapore or Visit our website: -www.stdb.com
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  • FINANCE & commodities
    • Article
      Lock icon STI futures confined to tight range
      328 26  -  SGX Derivatives Tradlng/teporte ST IndeorfflSCI S'pore Index Chan Yet San THE Singapore stock market suffered its biggest drop in more than a month yesterday, led by the technology stocks after the sharp fall on the US tech-biased Nasdaq. The Straits Times Index lost 21.90
      328 words
    • Article
      Lock icon September contract ends 8.8 points lower
      241 26  -  MS& Taiwan Index Chan Yet San THE Taiwan stock market fell to its lowest level in a year yesterday. The MSCI Taiwan Index declined by 9.41 points or 2.81 per cent to end at 324.93 points. This is the lowest level since August last
      241 words
    • Article
      Lock icon Gold and silver prices down
      214 26 Reuters [NEW YORK] Comex gold and silver were down in early trade yesterday, but gold was off its low, taking inverse signals from the runaway US dollar, which pulled back a bit from new highs overnight against the euro and Aussie dollar. "The>curr®»cy world just
      Reuters  -  214 words
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      Lock icon CURRENCY REPORT
      310 26 Reuters London THE euro fell to its lowest in its 20-month life against the dollar and yen yesterday, as sentiment turned increasingly sour over the single currency's prospects amid conflicting comments from European officials. Broad dollar strength propelled the US currency to twoyear highs against the Australian dollar,
      Reuters  -  310 words
    • Article, Illustration
      Lock icon Untitled
      1159 26 MTBEBAMK OOSS EATBS AS C$ tut Ufl Fir Dm K$ f 1 ■»*>!» Hto S$ UH MT$ OaM Hmt US$I Acstraii* 0.832 4661 0.650 4.260 1270 4380 25.629 47.04 0.596 4236 2.134 1340 ***** ***** 0.972 1997 1004 17.456 ***** 0292 0562 Canada 1202 5.604 0.781 5.122 1527 5.266 30.86
      1,159 words
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      Lock icon Untitled
      1819 26 SICOM FUTURES Sep 7 RU8KR (Mares destofM at UOpa) RSS 1 centsAe) Close VeiMM Op* Month Wjfc t— Sntt (to—ft) Interest Oct 00 H5J0 Nov 00 W7.25 Dec 00 W8J0 Jan/Mar 001 ***** RSS 3 CONTRACT (US c«nts/kQ) VMM Open J Month Wffc Iwr Sntt (t—m) Ntwwt Oct 00 65.00
      1,819 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Computer-related counters pull Hang Seng Index down
      2786 27 HONGKONG Bloomberg □HugSegg -173.28 HONGKONG stocks fell, led by China Mobile (Hong Kong) Ltd and computer-related companies after a decline in their US counterparts raised doubts about their valuations. The Hang Seng Index fell 173.28 points, or one per cent, to 17,431.95 points.
      Bloomberg  -  2,786 words
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      Lock icon CHINA
      919 27 Reuters P Shenzhen B Index +&88 CHINA'S hard currency B shares closed higher yesterday as an official commitment to market reforms widely reported on Chinese language websites led to fresh buying, analysts said. The Shanghai B index ended up 2.33 per cent at 69.09 points. Turnover rose to U5522.93
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  919 words
    • Article
      Lock icon TAIPEI
      374 27 AFP QWPMg -178J5 TAIWAN share prices were down for the third consecutive day, dropping 2.4 per cent yesterday after overnight falls on the technology-heavy Nasdaq Index, dealers said. The Taiwan Stock Exchange Weighted Price Index plunged 179.85 points to 7,430.93 points, following a 2.2-per cent plummet in the previous
      AFP  -  374 words
    • Article
      Lock icon Nikkei fails on further chip-related weakness
      2039 27 TOKYO Bloomberg QHikMaS -M.41 JAPAN'S Nikkei 225 stock average fell for the eighth day yesterday, led by Advantest Corp and other chip-related shares after Donaldson, Lufkin Jenrette Inc (DLJ) downgraded Micron Technology Inc, saying chip prices may fall. The Nikkei 225 stock average fell
      Bloomberg  -  2,039 words
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      214 28 W"- <P :i .---tVvpfU*,. r >- 4 I I f f -V 'I ft i I I -V.. I W i I M "y v "TV i > ><M wjS JV likh to subscribe to L M f x a 1J j J ift i I S jS j Jor
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL stocks fall on continued selling pressure
      392 29 AFP CI Oomnogte Index -&91 MALAYSIAN shares closed 0.8 per cent lower yesterday as selling continued from Wednesday although late buying in market leaders helped offset earlier faUs, dealers said. The Kuala Lumpur Stock Exchange Composite Index shed 5.91 points to 743.64 points.
      AFP  -  392 words
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      Lock icon Untitled
      8429 29 CtDMMT pnilCtS 2000 Lnt Vol Day Ntt Co# Hiqh Low ComM"V '000 Low ifS *0.5 60 s jii £S 41 jS ,35 £8 455 ,523 800 600 etc Blntang 430 unch 4 630 630 «5.1 368 188 CSMCorp. .200 uncft 169 200 195 9 3 164.5 1530 1180 Cartsbarg 1220
      8,429 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2613 30 BONDS &WARRAMTS Sep? m mi M tmtn l_i |m lmIQ»«u tn% Iari Can Car Kk MM I Saw T C666I La" mnrn S*a*> rrta MMMt* M f%» H« 12 iinch 54 12 ItS 12 12.5 12 41.0 1 300 179 9.33 10 51.5 113 Acm4*«0724_. ■< 4 4 4 4
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      Lock icon BANGKOK
      746 30 AFP Q SET Index -420 THAI shares fell 1.4 per cent yesterday on across-the-board selling, particularly in banks, with falls aided by continued selling by foreign investors, dealers said. The Stock Exchange of Thailand (SET) Composite Index was off 4.20 points to finish at 298.31. The SET 50 index
      AFP  -  746 words
    • Article
      Lock icon MANILA
      264 30 AFP Q Composite Index -4.76 PHILIPPINE shares closed 0.3 per cent lower yesterday with the Philippine Stock Exchange Composite Index down 4.76 points to 1,523.04. Volume fell to 319.27 million shares worth 1.42 billion pesos from 521 million shares worth 1.34 billion pesos on Wednesday. —AFP Sa»7 P»w 000)
      AFP  -  264 words
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      Lock icon JAKARTA
      675 30 AFP Reuters Q Composite Index -2JK INDONESIAN share prices closed 0.6 per cent down yesterday in thin trade amid political concerns and talk over the country's low investment rating among other Asian countries, dealers said. The Jakarta Stock Exchange Composite Index closed down 2.95 points at 472.60, off a
      AFP; Reuters  -  675 words
    • Article
      Lock icon WELLINGTON
      255 30 AFP Qnzse-40 -Ul THE New Zealand share prices closed down 0.3 per cent yesterday with the NZSE-40 Capital Index down 6.34 points to 2,062.06, on total market turnover of NZ$B9.7 million. Market giant Telecom was largely responsible for leading the market downwards. AFP tmi not) Advantage MOS 2.46 -0.09
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      Lock icon SYDNEY
      525 30 AFP CI AD Ordinaries -15,3 AUSTRALIAN share prices dropped 0.5 per cent yesterday with falls in News Corp leading the market lower, brokers said. The All Ordinaries index Finished 15.3 points weaker at 3,266.4 while the SP/ASX 200 slipped 14.6 points to 3,306.6 points. Turnover totalled 592.8 million shares
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    • Article
      Lock icon SEOUL
      286 30 AFP Q Composite Index -2(132 SOUTH Korea's share prices fell 3 per cent yesterday with the Composite Index down 20.32 at 656.37. Volume came to 249.7 million shares. AFP Sap 7 JBaa Anaw Stmt. »®60 -770 Brain Tacli— 790 -35 Cantral Bank 640 unet> CltaMComm *****0 -9000 Oaa Cu
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  • Article
    Lock icon STOCKS sgx
    7727 31 SGXMAXNBOARD Transaction date: Sep 7 or at m wt «2-Wk Lot V«l D*V Last Ouete CH» Otv YM Met Cm Awf H«ih Lew Company Sato COOP) Hfrll Ln Buyer Se8er Cw P/t $d»B Prtee MULTIMMIITKY 163 K>1 HI c AcmeSOc g we* 112 W "J U UJ JJ
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      128 31 H"My watches are a hundred years behind the times. A certain feeling of unrest keeps me going. I Jon I simply want to make watckes, I want to continually improve tkem. Xkis means nothing less tkan bringing tkem up to tke same standards of tecknical perfection and precision, tke same
      128 words
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  • HONGKONG'S woes
    • Article, Illustration
      Lock icon Spending drought hits HK retailers
      1061 32 With wages still dropping in absolute terms, consumers are holding back Bloomberg Talking to the head of Carrefour SA, the world's second-big-gest retailer, you might not guess that Hongkong's economy is Asia's star performer this year. "The 1997 Asian crisis had a particularly strong impact
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      624 32 The United Global Capital Fund Proven performance in the financial services sector. 1 220 PmIMH Timet Fend* Scoreboard Leader X I a m Investment Fund Awards 1999 6 mo» to date as 31/08/2000. Best performing Specialist Food. 3 yrs. A Investment Fund Awards 1997 I djusted for ci 1997 1998
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      89 33 l; fig W ■mhw _^j Mt:l y ■■T*oa^?B p^®®k—, HAI i* kJfcha. —-—-jjPP m» (PUMPEte, Hrl v *^H Keep mentally-.' -I Kfcb. stimulated during |S t>T rfnriii'iri frjftfalffilMlflift lfllH the day '*MMk ;M By SfiHttifl EGUS! Have pleasurable sex ■PmH Iguana Cafe: cantina IIISHS cuisine EL 6 IGossip: a lot
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  • EXECUTIVE Lifestyle
    • COVER STORY
      • Article, Illustration
        Lock icon THE POWER OF SLEEP
        3028 34 IN THE professional world, it's not macho to say that you just want to go home and sleep. Dotcom entrepreneurs work through the night and survive on snatches of shut-eye, while one indication of entrepreneurial or corporate prowess is the ability to get a lot of
        PHOTOS BY JAIME EE; SIEW YAW HOONG  -  3,028 words
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        Lock icon STRAWS In The Wind
        123 34 Taken to tftfflr SOME car park attendants could probably find alternative work with the Gestapo. One motorist coming out of a carpark was told by the girl at the cashier's booth: "Cash card only." When told he didn't have one, the girl bent forward to see
        123 words
      • Article, Illustration
        Lock icon Method in a mattress
        868 35  -  HEALTH The right sleeping surface can do mnch to promote a good night's sleep By Jaime Ee WHEN does sleep stop and science begin? Can the mattress you are sleeping on help you live longer? Indeed, how can a mere mattress play such a big role
        868 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Dangerous assignment
        556 36  -  CINEMA It may look cool and sound hip, but Gossip is ultimately just so much empty noise By Parvathi Nayar Director Davis Guggenheim's Gossip looks at the relationship between gossip and news, and rumour and fact an idea that's both smart and dumb. Smart because it's pretty revealing
        556 words
      • Article
        Lock icon Uneasy summer
        388 36  -  HOLLYWOOD It wasn't a bad season, but there were disquieting details beneath the surface Rick Lyman NYT IN THE end, the summer movie season was neither as lucrative as it looked at its onset nor as disastrous as it appeared at its midpoint. But what exactly was it?
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    • Article, Illustration
      Lock icon CINEMA
      856 37 The Art Of War. Wesley Snipes is a UN agent who gathers dirt on intransigent politicians to steer them to the negotiating table. When an ambassador is murdered, he gets the blame in this high-tech espionage thriller, which also stars Donald Sutherland and Anne Archer. Previewing at Lido, Balestier,
      856 words
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      Lock icon ENQUIRIES AND BOOKINGS
      91 37 Cafnl33B-3400 Easbhore 346-/8/6 Orchard 235-6396 Ptctorehouse 338-3400 Yangbt 223-7529 Juttta 454-/640 Mwdarin 292-9401 Main *****19 HNkatnta 586-1782 hJKJS-TS? 332-0098 for group bookings wheetchairfacmes mm Boon Lay Marina TanpinesS rkmg Bahru Ytahun Ctamanl/Ctrtnoft) 777-0889 GoMaMtovTowi 298-5466 HCnm 459-9575 Princw 446-4965 QuaamkMntftar 479-4187 Wktmfhn CapM 337-9750 Caitoy 787-1638 Changl
      91 words
    • EPICURE
      • Article, Illustration
        Lock icon Cantina cuisine
        794 38  -  Tequilas, margaritas, nachos and fiery habanero chillies they're all there at Cafe Iguana in Riverside Point But for bahitaeuas, nothing beats dessert at Singapore's newest Mexican cafe RAHITA ELIAS RIVERSIDE dining takes a Mexican twist with the recent opening of Cafe Iguana, brought to us by the same
        794 words
      • Article
        Lock icon Distinguished Californian
        462 38  -  WINE CONNOISSEUR Stag's Leap Wine Cellars continues to standout with its attractive vintages By\ N K Yong IN 1976, Steven Spurrier, who ran the l'Academie du Vin in Paris, staged a comparative tasting of Californian and French white and red wines. The French reds were Chateau Leoville Lascases
        462 words
    • HEALTHY LIFESTYLE
      • Article, Illustration
        Lock icon T h
        1011 39  -  The National Healthy Lifestyle Campaign kicks off today with a month-long drive to stress the importance of good health and a strong heart. Just how does that translate into the life of the corporate executive? That is the focus of this three-page special as we take a close-up
        1,011 words
      • Article, Illustration
        Lock icon Eating for a good heart
        909 39 HEART disease is the No 2 killer in Singapore after cancer. That's the bad news. The good news is that you can actually eat your way to a healthy heart. Sadly, for the foodies in our midst, random gestures like stopping yourself from slurping up
        909 words
      • Article, Illustration
        Lock icon Work your body
        1510 40  -  There has never been a better time for busy executives to exercise given the expanding spa and fitness industry. Whether they sweat it out in the gym or stretch their muscles with Pilates or yoga, there is no lack of choices as GEOFFREY EU finds out GEOFFREY
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        Lock icon Urban nirvana in Amrita
        234 40  -  ■By Geoffrey Eu I'M hot and not the least bit bothered. Beads of sweat are running down my forehead into my eye but I can't quite wipe them off because I'm trapped wrapped cocoon-like in a combined five layers of blankets, towels and plastic. A faint
        234 words
      • Article, Illustration
        Lock icon Steps to health
        604 42  -  The annua! Singapore Health award, presented to companies with commendable workplace health promotion programmes, was given to 135 public and private firms this year. CHEAH UI-HOON interviewed five of the 15 gold award winners to find out what they did right NTUC INCOME CHEAH UI-HOON VISITORS to
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        Lock icon Taking charge of one's health
        424 42 MOTOROLA THE first step in taking good care of oneself is knowing what state of health you are in. That is Motorola's motto, as enshrined in its AsiaPacific Wellness programme (APWP) designed as an integral model and approach to healthcare management in the company. This
        424 words
      • Article
        Lock icon Staying fit together
        319 42 PSA A DIVERSE range of club activities feature widely in PSA Corp Ltd's health programme for its 7,000-strong staff. The club, which PSA employees join for free, is a natural focal point for employees who look forward to a game of tennis or a jog with colleagues,
        319 words
      • Article, Illustration
        Lock icon Sound defence
        430 42 SCDF FOR the people who are in the front line of safeguarding the public, being and keeping fit is obviously an uncompromisable issue. So last year, the Singapore Civil Defence Force (SCDF) launched an integrated Workplace Health Promotion Programme (WHP) in their acknowledgement that healthy human resources are
        430 words
      • Article
        Lock icon People care is key work too
        355 42 PHILIPS FOR Philips Electronics Singapore Pte Ltd Domestic Appliances and Personal Care Factory (DAP), these makers of garment and hair care products believe that good people care will lead to good personal care products. "Health is as important as any other part of our
        355 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Please shed light on some mysteries
        907 43  -  I-ii comment YOUR MONEY While market swings may be uncontrollable, keeping the public Informed of probes can rein In manipulators r.sivanithy THOSE who tracked the movements of the Straits Times Index last week would undoubtedly have noticed some pretty odd behaviour at or around
        907 words
      • Article, Illustration
        Lock icon After 17 weeks, positive sentiment at last
        1193 43  -  HZW|j]3 markets But market quiet in past 5 days on lack of major corporate developments By 1 Robert Halili The writer is bureau chief at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore News Desk THE Singapore Sentiment
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      • Article
        Lock icon Bright outlook for Robinson, Beijing Ent
        897 43 idea Robinson A Co Department store chain Robinson Co is confident its second flagship store will contribute to its bottom line in a big way. IDEAglobal thinks investors will share its optimism. On Monday, the retailer said it expects its new Robinsons store and
        Robinson A Co  -  897 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at Sep 6, 2000)
        1373 43 Deposit amount 1-mth 3-nrth 6-mth D«po«H amount 1-mth 3-mth <-wth DBS Bank HSBC AS A$ S10,000 A24.999 5 7200 5 8400 5 8900 25.000 74,999 5 0000 5.1875 5.5000 A25 000 A49 999 5 7400 5 8600 5
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    • PERSONAL FINANCE/IMVESTMEMT
      • Article
        Lock icon Is this the right time to sell?
        1344 44 Mk 1 J wise Having weathered a rough ride, investors may now want to sell their properties. Here are tips maximising gains from investment properties ONE minute, you're MQMF caught up in the excite- ■JUflfcUb ment of property prices spiraling ever higher and
        1,344 words
      • Article
        Lock icon Bonds signal rally in US stocks: Salomon
        328 44 Bloomberg FALLING interest rates have helped push the Nasdaq Composite Index up more than 30 per cent in the past three months. If history is any guide, there are more gains to come, according to investment strategists at Salomon Smith Barney Inc. Bonds
        Bloomberg  -  328 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Good time to invest in Asia
        256 45 VALUE can be found in Asian markets, after their significant corrections earlier this year, says DBS Asset Management managing director Patrick Tan. "For retail investors waiting all year to invest, this is probably a good time," he says. The firm kicks off an advertising
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      • Article
        Lock icon UBSAM set to launch up to 10 new unit trusts
        609 45  -  By Genevieve Cua ÜBS Asset Management has identified the mutual funds business here as a growth area, and plans to launch as many as 10 unit trusts over the next few months. You're unlikely to see any of the plain
        609 words
      • Article
        Lock icon Into the lower-risk zone
        590 45  -  DBSAM hopes to attract high net worth individuals as well as POSB account holders, reports oemevxeve cua GENEVIEVE CUA DBS Asset Management is muscling into the lower-risk segment of funds with a new offering targeted at high net worth individuals flush with cash in deposits, as
        590 words
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  • Page 34 Miscellaneous
    • Miscellaneous
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      224 34 CRYPTIC CROSSWORD 22 Excited male sheep (3,2) 23 Old busman marking time? L_JBL_JBL_HL__ 25 Its quarters are hardly spot- LmJ— 26 Was sorry for one who is 7) 27 New rise just coming into effect (7) 8 Proceeds to give thanks to 24 It's habitually drunk (5) 28 Showed rank
      224 words
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      77 35 CARAN d ACHE OF SWITZERLAND "i ECRIDOR COLLECTION MAKE YOUR MARK j, _c 0 u 4 t3 Sole Distributor: SILVAROYAL PRIVATE LIMITED 207 Henderson Road *01-06 Singapore *****0 1 Caran d Ache corner and service centre #03-10 I I Wheelock Place Tei 238 6678 Caran d Ache is available at
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      271 36 Where to wine, dine and entertainers Kovrri<rH-'s MOO*\C*V« owoulovb>g <*V H«vo Chinese ResfrgiurowV, PgtfHy SUtff KumoH- Koo»\c<*Vg Cou»»Ver. H<xw HH 12H\ 2000. For years, Marriott's famous mooncakes like White Lotus Seed Poste with Olive Seeds and lotus Seed Poste with Egg Yolks hove been sending taste buds over the moon.
      271 words
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      Lock icon Page 36 Advertisements Column 2
      115 36 I n l|nh|a |a_ avaHaote tot I private parties e company dinner and dance H conference seminar and meeting. I HOTEL QRANO CENTRAL UMITEO 22 Orchard Road/Cavenagh Road, H Singapore *****7 Tet 737 9044 Fax: 733 3175 f lih mm lou I Happiness Deluxe Menu 8-Course Set Menu at only
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      Lock icon Page 36 Advertisements Column 3
      40 36 pon-Ti'n; a trendy new york style iuli.ni trattoria will) private dining rooms now open J; ||.j| (Wuk'<'ft«fnMi*a^pluir(aMt33lU3 392 havclock 10.. J. Singapore ICDGC3 GRAND Itlcpt-onc cr.sj 733 OMO ranim.k: (55| 73/ UMO COPTHORNE email: Kr3iHkoplhofiK#cJlhottlwom.«q M«4Wnl( 4. vrfc<pßcat» Smollc* ilfWJtta
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      Lock icon Page 36 Advertisements Column 4
      135 36 Come and enjoy our food with a group of colleagues and friends. Book a table of minimum 10 persons at lunch or dinner in either of our restaurants, and we will arrange to fetch you to the hotel and transfer you back by shuttle coach. Hrww laliJ /row Monday to
      135 words
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      Lock icon Page 36 Advertisements Column 5
      84 36 a feast with the Vietnamese at Chatterbox Coffeehouse I -10 September 2000 A-la-carte and set menus are j a available for lunch and dinner daily, j A Set menu from $28.00* per set. II :30 am to *30 pm DINNER: 6:30 pm td ICttX) pm Please 831 6291 I Coffeehouse
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  • Page 37 Miscellaneous
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      Lock icon Page 37 Miscellaneous Column 1
      2338 37 TODAY'S TV RBCOkinaroEP VTSWDf Q I' d" C tal °c-a I I 9.00 AM Kids Central. In Conversation recruited into a firm that 10 .00 jLtorle £jg Asia ReP rt Offers services like 10JO Tweenies 7M The Correspondent's fling blackmail and murder £S sC^Tonifht Laurence Fishburne and Turtles BJO Business
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      79 38 tmcc cHAwrr orai m m If I 1 1 «Hp w Ma S MSl<*oi^PH&sSß!■ I Re IP J*B Mm r X I BWif I I Wm WW m -Km W H Hr t \s^Wi I i! I l B^l V I <, I t ■Jk If?®*!* WHn >/' ri >
      79 words
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      173 39 Ministry SINGAPORE wf lvPyi ft Quality People, Quality Service, Quality Organisation. MinLaw is happy to celebrate with our staff the winning of the Singapore H.E.A.LT.H Award once again. MinLaw is a healthy and dynamic organisation IIt is our mission to ensure a sound legal committed to personal and family health.
      173 words
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      163 40 Thornic Seabuckthorn Seed Oil Soft Gel Capsules K If Marketing A *7^l 1 Brooke Road, #81-20, Katong Singapore *****49 Emaihnutri.logic9paciflc.net.ss rOur heartfelt thanl<s to the sponsors of the National Healthy Lifestyle Campaign 2000. Main Sponsors Co-sponsors v If Singapore Totalisator Board NTUC Income Insurance Co-operative Ltd PSA Corporation Singapore General
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      652 41 Our heartiest congratulations to this year's Singapore H.E.A.L.T.H. Award winners. Ministry of Health is proud to present the Singapore H.E.A.L.T.H. (Helping Employees Achieve Life-Time Health) Award. The Singapore H.E.A.L.T.H. Award recognises workplaces with commendable health promotion programmes designed to improve employee health and reduce lifestyle illnesses. Changi General Hospital NTUC
      652 words
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      356 42 Treat yourself to a healthy meal and win! In conjunction with the National Healthy Lifestyle Campaign, the following restaurants will offer healthier menu choices. Make the healthy choice to lower your risk of Heart Disease. You stand a chance to win meal vouchers.* I ifi Chinese Western Dragon Pearl Restaurant
      356 words
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      107 44 -WiP —it) v k. i 1 \*J JL >i M K if /V 2 8 S S S S 8 S iVCE» A cubicle can't contain your personality. Plan your escape with the Motorola Timeport P7689. l-t has features like GSM Tri-Band, True Sync* software f synchronization between your phone
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      562 45 Hr I V m v v I I A fl WBMf sjS^r >< i I &'ffikl# W W||Hl|■ m■■ Hm B v M- ?^nlift jS v m. H i BT> -s JfflS\ jlwliuLM^^^^^Mß^B The science that will help her live 125 years can also help your portfolio grow. Medical advancement
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon shrinking your IDD bills
      1683 46  -  With telecoms liberalisation, a myriad of IDD services are jamming our phone lines at home and in the office, teh hooi ling susses out the where, what and how much of overseas calls TEH HOOI LIHG ARE you reaping the benefits of competition in the overseas
      JEN CHUA  -  1,683 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon N American ports see strong transpacific trade
      560 47  -  Boom credited to recovering Asian markets, robust American economy By Donald Urquhart [SINGAPORE] Recovering Asian markets and a robust North American economy are being credited for boosting container traffic through Pacific North-west ports. While the west coast ports of Los Angeles and Long
      560 words
    • Article
      Lock icon MARITIME STOCKS
      258 47 imi CWT Distribution. __0.72 £01 Coaco Invastmant—0.18 -O.Oi 171 FrrtaM Unfts——AM -0.01 2*9 G8 Hotafcvji 0.62 -0.01 2 Hal tun Hup 040 -OOI 213 MCHoMtnqs-HK—SJtO unch 0 JayaHoMnq* 0.17 OlOI 76 K*ppalC*rp 3.88 -0.04 114 K*pp«4FELS 1.08 0.05 438 KtppmI Marin* 0.24 -OjOI 690 (UMMtTM 2.17 -OlOI 324
      258 words
    • Article
      Lock icon Port Klang delays rate hikes till Oct 1
      141 47 [SINGAPORE] Malaysia's Port Klang has deferred a planned increase in terminal handling charges, originally scheduled for Sept 5, till the first of next month. No reason has been given by its operators, who have mooted the increase as rates have remained unchanged
      141 words
    • Article
      Lock icon Yangming to beef up logistics arm
      436 47 (TAIPEI) Yangming Marine Transport Corp, Taiwan's No 2 ocean carrier, will take delivery of the first of five new box ships from South Korea's Hyundai later this month, and has ordered two more from state-run China Shipbuilding Corp as part of a drive to
      436 words
    • SHIPPING news
      • Article, Illustration
        Lock icon New UK terminal may lead to price war
        682 48 JoC [LONDON! THE confirmation of plans by P&O, the British shipping and port building group, to develop a new container port at the Thames Estuary may result in a rate war with rival container ports when the planned terminal comes on stream
        JoC  -  682 words
      • Article
        Lock icon Mombasa's port facilities to expand
        190 48 Xinhua [NAIROBI] The Kenya Ports Authority (KPA) has unveiled plans for expanding Mombasa port's car-go-handling capacity to at least 10 million tonnes by 2020. KPA's managing director Brown Ondego said the authority would also increase Mombasa's container-handling capacity to 910,000 20-foot equivalent units (TEU) by
        Xinhua  -  190 words
      • Article
        Lock icon Greek ferry fire leads to checks
        89 48 THE Greek authorities have tightened checks on fire and lifesaving devices on board passenger ships after a fire broke out on Greek fast ferry Flying Dolphin Vlast week. The blaze began in the engine room of the 142 gt ship off Aegina Island, causing
        89 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      297 48 PAGE ECUUne 6 Accord 8 ESP Lines 13 Ahrenk* 14 6 Appenstop 5 Foon 9 Sun 5 AsiaOCL 13 frt links M Assets 8 fuhil 7 Austral 8 L Bk Avant 14 B'tang Mas 8 O"** 13 ISA 7 Gt0b41 13 BTL 14 Glory Hav 14 Balaji
      297 words
    • Article
      Lock icon SHIPPING GUIDE
      20931 54 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnsc* Voy aqe Telephone ETA ETA Advertiser Vessel Voyaqe Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 16/09 08/10 NVK NYK ANDROMEDA BW36 *****0123 To ABIDJAN (ABJ) 2003 Cote D'I voire */<» 15/10 uasc abu dhabi c*>3*
      20,931 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        728 61 Vessel Voy No Berth Arrival Departure liar»arHM 2002A 'j* 07/09/1:55 08/09/5.00 Weaitfty St* 29 J08 07/09/5:30 09/09/5:» H Ca Mdra3 ***** J01 07/09/8:10 08/09/23:59 Winstar 8 ***** J03 07/09/7:20 07/09/20:00 BayswaterllS M0220 J03 07/09/8:55 07/09/1640 (toyal Fret* 173 J02 07/09/825 07/09/17:30 Shannon Exp 17/00 J03 07/09/9:20 08/09/7 00
        728 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2006 61 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/BaUnct Rstls Ship Voy No Etb/Btr Period From To From acmcvc* no 1/12-00 a 04/1700 ot/out 07/0400 21 04/1700 07/0*59 07/0400 1 07/0700 07/W 07/M00 4 07/1200 07/WW 07/1700 kxuuc iu vw a wno mm mm 2V 06/1700 07/0454 07/0400
        2,006 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        203 61 Sep 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival. Sep 13 Hong Kong: The day following Mid-Autumn Festival. Sep IS Japan: Respect for the Aged. Sep 23 Japan: Autumnal Equinox Day. Oct 1 China: National Day. Oct 2 Hong Kong: The day following National Day. Oct 3 Germany:
        203 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        789 61 THIS report, compiled by Cockett Ma rine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        789 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        505 61 Carton 180 Ml 990.2 0.7 1S.4 0.08 77 0.05 Aug 31 Omsitv Wrttr ImMw As* Ahimntan MM No above E25 0 0 1 0 0 0 1 TT7T 380 A»c 987.6 0.6 0.0 0.07 34 0.02 u*» 380 Mai 997J 6.9 17.4 0.17 65 0.07 »WWI
        505 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon 4 consortiums bid to build Bangkok airport terminal
        492 62 Bat some bidders say govt's budget of US$l Jb may be too low AP [BANGKOK] Four international consortiums on Wednesday entered the race to build the main part of Bangkok's new airport, but some bidders expressed concern that the government's budget of
        AP  -  492 words
      • Article
        Lock icon JAL jet forced to return to Jakarta
        177 62 Bloomberg [TOKYO] A Japan Airlines Co aircraft was forced to turn back to Jakarta's international airport after the Boeing Co 747 jet developed engine trouble on its way to Tokyo, said Asia's second-largest airline by passengers carried. An engine on the four-en-gine aircraft
        Bloomberg  -  177 words
      • Article, Illustration
        Lock icon Delta to change Japan routes
        148 62 Bloomberg [ATLANTA) Delta Air Lines Inc. the third-largest US airline, said it will begin two new daily non-stop flights to Japan in April, one from New York and the other from Los Angeles. Delta said the Los Angeles flight to Nagoya, Japan, will be the
        Bloomberg; AP  -  148 words
      • Article
        Lock icon Lufthansa, Siemens card to ease check-ins
        147 62 Bloomberg [FRANKFURTJ Deutsche Lufthansa AG and Siemens AG said they'll work together to make checking in at airports faster and easier. Europe's No 2 airline and Germany's largest electronics and engineering company said they'll develop a card with an electronic chip to enable passengers
        Bloomberg  -  147 words
      • Article
        Lock icon Indon Air delays debut on political concerns
        232 62 Bloomberg [JAKARTA] PT Indonesian Airlines, a new carrier to be managed by British Airways pic, has delayed its air service debut on concern the country's political infighting may hamper economic recovery and hurt consumer demand. One of the privately held airline's four shareholders
        Bloomberg  -  232 words
      • Article
        Lock icon CPA launches Penang cargo service
        202 62 AFX-Asia [KUALA LUMPUR] Cathay Pacific Airways Ltd said it plans to position Penang as a key freighter port for the Asia-Pacific region after the launch of its cargo service from the island on Wednesday, the Malaysian Business Times reported. Cathay Pacific's Boeing 747 cargo aircraft
        AFX-Asia  -  202 words
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        Lock icon India to invite bids for Air India, Indian Airlines
        390 62 Advertisements seeking buyers for state-run airlines will be published next week Bloomberg [NEW DELHI] India will invite bids for shares in Air India and Indian Airlines next week as the government seeks to raise 100 billion rupees (553.7 billion) in the
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          Lock icon Milan airports IPO to take off In Q1 2001
          79 62 Reuters [CERNOBBIO, Italy] The privatisation of Milan airports operator SEA should take place in the first quarter of2ool with an initial public offering of some 30 per cent SEA chairman Giorgio Fossa said last week. SEA operates Linate and Malpensa airports.
          Reuters  -  79 words
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          Lock icon Thai Airways to pursue bridge-leasing
          67 62 AFX-Asia [BANGKOK] Thai Airways International pic said its board of directors has approved a proposed bridge-leasing with the Boeing Commercial Airplane Group for two Boeing 777-3300 aircraft after the company failed to obtain a loan intended for the lease, in time for the supposed delivery.
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1939 62 an maw n* ruaw no utajlD BBS AM7?9 2230 SamflkM ***** 1910 C2352 0910 B M S 2730 C2JSI 2045 S0804 1020 SO 2 30 MO ***** 22* M W/***** 1310 VN/SOTV 0905 UH MS IM tm WO 1035 S023 QMS ****** 2125 WWW Wi 6*975
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      1027 48 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS 1 MX BUP€R SHUTTLE EXPRESS PWBCT TO LOWQ BEACH 1 WEST COAST Of COfTBAL AMMIC ft (MAWQAHITA MWVICT) 1 yissa vor nuaSTlrosm umckao« dauas houstoa okaco «*rrow «oicoanf rasa WT rumruk jamA_ miOMga. auw nuum i»vwm SAUwac OOQACBU W 575
      1,027 words
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      698 48 Lines services represented by 6iHfta Members of ihe Registry of Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS. MEAKBUIK S. PROJECT CARGO TO DAMPIER/FREMANTIE MV "TBN" ETA SIN 28/09/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/1 CONVENTIONAL CARGO POT UANG/SMGAPORE/MMKTA
      698 words
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      1226 49 TO EUROPE FROMBJROff [vrSE WT IMmMI HM BY sou FIT IB! [vESSa VOT |WB AB HAM BY SOU FIT l« gi~| HYHKMBSS ***** 11/09 29/09 30/09 04/10 27/09 APICYPtOi OIK 11/Ot If/* 23/B U/B 10/09 API AUAANDM Jim 14/09 07/10 04/10 05/10 02/10 MAS S* JO/OO 22/B 25/00 20/B 13/09
      1,226 words
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      1404 49 67)HANJIN SHIPPING mJrW U t»Mpl« -Sdb *****31 hamjmvmmwrnltd m»//— woo* mrrr>w smk ttkih ra kxumhi zpo?7i m vwjvm rao?s4?si mwu* rrmss m satins aoo itawoooM TO NW USA CANADA! USA CAHADA* mva/vor mm m w. h*ui/vot 55 Fit oo Si ptt S St i* ra tie m ni rinnrmr m
      1,404 words
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      318 49 rasa w> aww a m a bsm |nis ggL_ w j« jg_ m— -wb mm ivw urn ww |a/w I BRiS* m 15% iIW iiW »/w »*w ggggp* —g —Bjg— n/m cmubqbbs wis ivw aw —I^HH^MSTTITTriTTITITTTr^BBiWMBI m«m* is im im> w ivw i7/w ii/w g/w Lea wr a im w
      318 words
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      1408 50 C SENATOR LINES TO UK/CONTINENT TOMEDITERRANEANCANADA ■nan VOY |Ml L£H RTM AMR HAM ItflV IFU WS» WY SM QIT_ IK FOt M* _El_ HAMJM SAN KM 22 B 23 M BB 2* M 27 N BB PACWC SENATOR 843W MM 21H 27 .B BB till MM HAJUMKE&UNG B7»* M M
      1,408 words
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      962 50 m. am MAfi-MELS i'MM M'SIA I Carrier MN CONTVt UNES, INC p. quoanq: <od *****26 hNv\" J owwo. IMMTMUUUB S»U: (084) *****8 MAMLA: (632) *****24 W PENANO: (04) *****36 BANGKOK: (882) *****57 SURABAYA: (31) 32*3211 P. KELAHQ: (03) *****77 JKT (21) *****46 KUCHMQ (082) *****1^3 PASIR GUPANG HO CHI MINH
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      687 50 EXPRESS CONTAINER FHDER FOR N.SHEVA (CFS MULUMO. MUMMICOLOMH ALSO ACCEPTMG TO ALL NORTHERN AND WESTER* I C.D POMTS Vnsei S PORE N SHEVA COLOMBO PKLANG TULSIDAS Vl3O 11 SEP 11 SEP 23 SEP 21 SEP CAPE CREUS V.112W 17 SEP 21 SEP M SEP M OCT CAPE CANAVERAL VI2«W 24
      687 words
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      1536 51 10 VESSEL VOY HKO KHH SW I MO. PX» BAA DM* Mt WAN TEHRAN PCL-170 01/09 ***** 09/09 10/09 17/09 U/09 20/09 22/09 ■AN TAIATAIAB pa.- 171 08/09 10/09 15/09 IS/09 23/09 24/09 26/09 It/09 IRAN KERMAN PCL-172 16/09 14/09 20/09 21/09 28/09 29/09 01/10 03/10 MAN ISFAHAN PCL-173 20/09
      1,536 words
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      1629 51 to: SMKM > IVUT r set I mam royiwMr| GENERAL AGENTS IN SINGAPORE: MROWNSON RD TEL 226 1900 FAX: *****04 OUTWARD (I A) 4205M2 I COSTAR SHIPPING PTE LTD #12-00 sales/rigs *****57/43 inward dipt (o/o) *****86 COSTAR AGENCIES (M) SDN BHD Ot NO; **********0* SINGAPORE *****8 CONVENTIONAL *****01/850 T/SHWT DEPT
      1,629 words
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      1150 52 AMMAN PWUN QUF/MDMN SUB OONIMNT flMd «XPQ«T VESSEL VOYAGE SGP CM! DM MA AMI DMN RAN RMNXV UN ASPIKE *****25W 11/W IS/W 70/W 21/W 22/W IMANGEL 0141-027W 12/W- 21/W- 22/W 2S/W XING HE OI7IW IS/09 24/W 27/W 21/W UN AADOT 043M23W 11/W 22/W 27/W- 21/W W/W UN KIM *****27W l»/W-
      1,150 words
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      519 52 PACIFIC INTERNATIONAL UNES (PTE) LTD A 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CO NO **********06 1 I |v?tta »QT rtQ _ai— re STB wa m a w no an I Mb 8T ffi -»fr- »/> I ooaAfflNmr oos u/o io/o 24/» io/o 4/10 i/io u/io ii/io I |ypsa
      519 words
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      481 52 SO TEL OK SIANGAN ROM *02-02 CmPORT CENTRE STORE MSS2I TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CH WO. **********0W VBSa *JT ETA ETD OESTMHW KAGUHI uem 12mam lUKM povtvmm MMUKWA 37/2 M IMKM HM2M MEMMMaVV. IMAM For tnqurMi and bookings plain contact: SEASPACE SHIPPING (S) PTE LTD
      481 words
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      480 53 BSfl x mm. MYANMA FIVE STAR LINE (Myanmor National lino) W Loading for Yangon vessel vor sin pkl pen pgu SITTWE «W SU MONGU JSW 12/ M MALAYSIA AGEKTV BOUSTEAD SUPPING AGENCIES KUL m 03-*****00 P«L HI 03-317M101 PEN: m 04-2****** PGU: HI 07-*****21/4 BANK LINE (A service of Andrew
      480 words
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      1353 53 HYUNDAI MERCHANT MARINE CO., LTD. VBSB WY SM SOU 1 LEH I RIM I ANT I HAM ITV 1 IVESSB 1 VOY I SOU I I RIM 1 AMI I H6M IMV SM NOl CORAL 01 *W 08/09 29/09 30/09 24/09 26/09 APICYPVBC 0191 23/0B I*/0B 22/0B 19/06 10/09 HYIBGHNESS
      1,353 words
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      767 53 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "<** 8080 HEAVYIIFT SIRVKt" VtSSll VOY RAMP HEIGHT SIN LK MAO MIA SAV BAL ORF NYC NEW MM TOM AHOUT 4001«h 6.JM 12/ M 09/10 T77TO 2071F 22/10 24/10 25/10 27/10 31/10 05/11 TARONGA AHOI9 400 Tom 6.3 M 24/09 25/10 02/11
      767 words
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      473 54 UAMQKOKMAP TA PHUT/LA EM CHABANG JAKARTA/PAN JANG a..,. I a Lis ISt I "S- a. -ss—^ —a— 5S -ik—Mi- .y» _M!_ Ma*- —Si —Mi Sj *g SWAN 41* 11/09 IS/W 'VW QQQ fcUTWOHITY* OtSS ji/09 14/09 UNHHUM 1701 12/09 16/09 IVO9 KITUHUM t7% J2/11LZ 17/ M S--US '.M. I'liß llS—mr~
      473 words
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      260 54 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COWDMWER SERVICE va w(_ wig at m stp m m ig m USUGAI 1» 11/Wlt/W It/N M/W M/W »/W NMHHM 5T OMT l»/» JVW 11/ I• U/14 M/lt wvvorr m p/wa/w o/it u/)> iyi»~ tfinauu) as w/iic/io lyii »/>> i7/i» i*/ii FEEDER SERVICE
      260 words
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      440 54 O TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK A CONTAINERS 14 DAYS FREQUENCY *ksq mm sm m m mn m swot hou suv mwttw pot «m itc lASMAN CAMPAIGNS MOOO6 02/D4 M,W 07/04 Of/Of 14/01 11/W 07/10 04/10 04/10 17/10 13/10 14/10 IS/10 14/10 TASMAM OtUSADtS J***** 71/W 13/01 74/09
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      54 57 fSSL YANGON See Page S Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD COCOS CHRISTMAS ISLAND I ADAH DARTS^ WESTERN AUSTRALIA f fir fill T VIII VII Turn to Page 8 Daily TURN TO Pag«7 Mn cm ASSETS SHIPOWNERS t MANAGERS PTE LTD NTL NAIGAI TRANS
      54 words
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      46 58 I Inl aotf Iww yot Mm mi I a rwu nu. sw wu w [Ml cm I oti hm k» ia •1 ID I- 05/0» I 04/o*lo 03/10 07/10 14/10 11/10 IS/10 oi ||j| M/oo 00/oo n/oo 17/00 m/oo a/ooj */o*|H| m/io w/io o«/ii oj/11 os/n
      46 words
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      42 58 MITROPORT SHIPPING SDN. BHD. I SINOKOR MERCHANT T* I MARIN ICO LTD I P mmSm/nm/tm >•« mmmm f ■*> t FARWIDI SNIPPING AGENCIES PTE LTD EXPO«T W: 771-M7? (S Uws) fu: 2K-ISI4 CT: CHOTANO WL fOil IUMC USW: MiSAM HIS: PUS All IWT: IWAMCTAIW
      42 words
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      47 58 SHIPPING WAREHOUSING B«tw: Singafur Lxadmg Daly Man lo Sa (BATAMINIX) 1/m I Acoepan; KIX 'iwivCTtow»i/Pn)jocvlfc»v\ Lift Cago& Reefer Cantamer Ma: Stnpapiwr Loackng Man. Wed fri (BATAMINDO D) Accepting Hd A irrvcnturaVPnijea Heavy Lift Cago T«fc 227 0322 Fax: 222 9330 ■ilMihii r Hppli| 4 Wbibnihi|H>m |l WHITImiiIIIIH
      47 words
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      1019 59 SSAMUDERA SHIPPING LINE LTD 72 A*mm l««i #04-01 to 03, Sh««|Mr« *****1 MAM UNI/OUTWARD: 532 3UI WW AID (0(0): 437 23U IMPORT STATUS (DID): 437 2371 INVENTORY (DID): 437 1420 Wabsits http://www.MMMdara.MM CR NO. **********0N BOOKINGS UNE: 535 6266 (Celia/J«»»ica/Mai Chan/Je»tynn/Doro/Yvonne/Honim) [QQQHBSBH 8 SLGS/WEEKLY HU 3 SLGS/WEEKLY vessh vot sw
      1,019 words
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      977 59 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I P«G SI I MT SUP I OW I «G 1 0M »0M 1 HAI NTI Off I SAV I WW I TAM I NOU HOfOH MHtUVA /OSSS 22/09 28 09 01/10 03/10 1 3/10 00/10 It/10 22/10 17/11 71/11 22/11 25/11
      977 words
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      567 59 ENG LEE SHIPPING CO PTE LTD I USJllttldlliMil hi: 51MIM/*****M T alte isiiwiiiH I VIS HI VOY SM ETA SM ETD KSTMMIOM Unofl Sib 8 9/00 13/09 14/09 Htf/Ima UnatiSlaTO I J/00 07/09 10/09 Suaboyo UnmSiß 10 10/00 07/09 09/09 Mloki UmonSlß 12 9/00 08/09 09/09 Banpmar Ungd Jayc 12/00
      567 words
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      592 60 IB VESSEL VOY SIN MAA SIN TIGER RHYTHM 831N 07-0809 12 1509 20-2109 TIGER BRIDGE 832N *****9 16-19*09 23^409 TIGER METRO 833N 13-1409 18-2109 26-2709 TIGER STAR 834N *****9 22 2509 29-3008 TIGER RHYTHM 835N 20-2109 *****9 0304/10 TIGER BRIDGE 836N 22 2309 2801/10 0806/10 I TIGER CREEK 444CN8 0810/09
      592 words
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      1072 60 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Rood, 3rd Level, Freight Links Express Logistkentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg WEBSITE: www.freighHinks.net FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO (CONVENTIONAL RORO) Lawrence lim *****75, H/Pi *****977 lawremeftojiii.conusg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 9688 5404, VINCENT SEE
      1,072 words
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      1008 60 for bookmg I —ftky cat *****50 7^V W«butc hnp://www.—df "~V^3r iv» iT» Jsj| >S| |JJJJ OOQ (ALHMU 4K31 70/W 04/10 11/10 11/10 11/10 11/10 OOQ CAUFOttU 47W534 77/W 74/W 7MII J/J 17/JJ OOQHWTOMOK34 77/04 11/10 11/10 14/10 H/10 11/10 B OOQ NW WW 07W3S 7f/W 3MB 31/W 01/W 04 "3«
      1,008 words
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  • Page 61 Miscellaneous
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      Lock icon Page 61 Miscellaneous Column 1
      113 61 legend Issued by Meteorological Service Singapore K Thunderstorm A Showers R a j n Temperature Wind direction and speed in knots Cloudy Day Weather c><3 Hazy Sea Conditions Wind speed symbols < 1 2m (J Full circle w/o line indicates calm or light and variable winds j—-One halt fleche represents
      113 words
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