The Business Times, 12 September 2000

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Total Pages: 50
1 50 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 035/12/1999 Internet: http://business-times.asial .com.sg/ SINGA PORE TUESDAY, SEPTEMBER 12, 2000 85C
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  • 74 1 sn 241M1 (-15.44) BT-SKI 824.71 (-2.20) ST INDEX FUTURES 2412.00 (-14.00) SIMSCI FUTURES 273.70 (-1.30) STOCK MASKET INDICES Monday Change KLSE COMP 727.15 -1166 NIKKEI 225 16,***** 870.65 HANOSENO 17,007.98 -267.47 SET INDEX 290.34 -6.73 JAKARTA COMP —.***** -8.39 MANILA COMP 1,501.48 -2121 TAIPEI WPI 7,***** 32.79 SEOUL
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  • 76 1 FOBEX RATES US$ ss USS 1.737 £(US$/SS per 1.419 2.465 ElIROflJSS/SS/E) 1501 DM 2564 1.303 YEN 106.2 6150 RM 3.800 1188 HKS 7.799 4.490 BAHT 41.46 2187 RLPIAH a430 4,854 m SS to 100 units PMME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA J».W BANGKOK .9.30 MANILA 11.00 HONGKONG
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  • 788 1  -  Both accept compensation; Star Hub to roll ont network to cover residential market By' Teh Hooi Ling [SINGAPORE] The government will pay Star Hub $1,082 billion and Singapore Telecom $859 million in compensation for accelerating the full liberalisation of the telecoms sector by two
    SIEW YAW HOONG  -  788 words
  • 955 1  -  P Jiexclusive Shipping lines looking forward to fatter margins By\ Donald Urquhart [SINGAPORE] Rising container volumes on the world's key trade routes are signalling a return to healthy margins for the world's major shipping lines but the trend spells bad
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  • 475 1 Firmer prices reflect short-covering, dealers say Reuters [LONDON] World oil prices reversed early falls yesterday, with the benchmark Brent crude trading back above US$33 a barrel despite an agreement by Organisation of Petroleum Exporting Countries to lift output by 3 per cent.
    Reuters  -  475 words
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  • NEXT page
    • 456 2  -  Public offer set to raise HKsB.69b to help finance govt expenditure Promi Quak Hiang Whai in Hongkong THE Hongkong governmentowned Mass Transit Railway Corporation (MTRC) will sell a 20 per cent stake in its public offer to raise about HK$B.69 billion (Ssl.9
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    • ON THE grapevine
      • 100 2 A RECENT visit to the Ministry of National Development building proved to be an adventure. The task was simple enough meet a contact on the 12th floor during lunch. There were six working lifts. But to get to the correct level, you need to know
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      • 71 2 LAST week, BT Online ran a poll following news of NTUC's new housing initiative. The statement readers were asked to respond to was: NTUC is setting up a new co-operative to help members buy an exec condo and get a rebate on it. That sounds
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      • 116 2 SHAKESPEARE is not only enjoying a revival in the movies, but also in management books. A recent issue called, unsurprisingly, Shakespeare on Management, has a press release that goes like this: "Got some dirty work to do with no stomach for it? Turn to Lady Macbeth. If you
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      • 55 2 Fail-safe torch almost ANYONE heard of the Pelican Super Sabre Lite torch, which is usable even at 600 metres under water? The torch is so good it comes with a lifetime guarantee with the following exceptions, according to the product promotion: "The above guarantee does not cover shark bite, bear
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    • 767 2 The issue is how the figures are arrived at, says Catherine ***** IMAGINE going to a restaurant and being handed a hefty bill without any breakdown of how much each dish cost. Most customers would object Yet, the Infocomm Development Authority of Singapore (IDA) expects
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    • 356 2  -  nT^xcTusive SC Global aims to sell np to 20 of the project's 55 units at this Friday's preview W Marissa Chew ON Friday, some 50 guests will be sipping champagne and previewing The Ladyhill, SC Global's upmarket debut condominium project which it intends
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  • Page 2 Advertisements
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  • SINGAPORE companies
    • 546 4  -  Turnover surges to $595 m; group confident of $l-3b fall-year sales By: David Boey VENTURE Manufacturing yesterday reported a 7.5 per cent rise in interim earnings to $39.5 million, which was at the the lower end of analysts' estimates ranging from $39
      ARTHUR LEE  -  546 words
    • 419 4  -  fat] IA tidbits corinne kerk VENTURE Manufacturing may have reported only a small rise in earnings in its first-half results, but trust managing director Wong Ngit Liong to remain cool as if he had beaten analysts' forecasts by a mile. At a
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    • 454 4  -  Retailer swings back from $18m loss to $4.7 m net profit f*y Andrea Tan LUXURY goods and fashion retailer FJ Benjamin Holdings swung back into the black with net profit of $4.7 million after two years of losses. The retailer
      CHRIS LOH  -  454 words
    • 487 7  -  Turnover forecast for this year comes as it expects loss to widen to $38m from $25.9 m By' Toh Han Shih LOCALLY listed Internet voice company Mediaßing is growing its revenue while trying to stem its losses, chief executive Ng Ede
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    • 789 7  -  i*l3!Tlock siew siow li sen MUCH of the attention generated by the eWorldofSports (eWOS) issue has centred on United Overseas Bank's handling of the initial public offering (IPO). But the bigger and more fundamental question is how banks in general
      789 words
    • 475 8  -  Move to stop any hostile takeover bid by French group Schneider: analysts By Serena Ng HONGKONG-BASED Gold Peak Industries (Holdings), the parent of locally listed GP Industries, said yesterday it was seeking shareholders' approval to possibly raise its indirect stake
      FILE PHOTO; Source: Bloomberg  -  475 words
    • 230 8 DBS Bank said yesterday that Steve Ingram, formerly chief information officer of USbased Excel Communications, has joined DBS as managing director for Business Information Systems. In the newly created role, Mr Ingram will focus on improving DBS's operating efficiency, employee productivity and
      230 words
    • 198 8  -  It may seek HE partners to develop its 3G mobile phone business there Teh Hooi Ling SINGAPORE Telecommunications Ltd intends to bid for a third generation mobile phone licence in Hongkong, executive vice-president for corporate business Lim Chuan Poh was quoted
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    • 314 8  -  Proceeds to be used to boy machinery, fond new activities By\ Siow Li Sen PRECISION drilling specialist Multi-Chem yesterday proposed a bonus and rights issue of 44 million warrants at five cents each to raise $23 million. The issue is
      314 words
    • 199 8 PRECISION components specialist Cheung Woh Metal Works said it has received in-principle approval to list on Sesdaq. The firm, which makes components for the global hard disk drive industry, caters to customers such as Fujitsu, IBM, Maxtor, Western Digital and Seagate. "Seven out of
      199 words
    • 186 8 SINGAPORE Press Holdings has signed a contract to buy up to 42,000 tonnes of newsprint from supplier Pan Asia Paper. Pan Asia said yesterday the agreement is for three years and started in January this year. It is the largest the
      186 words
    • 188 9  -  Three sales and marketing staff at US offices promoted By David Boey ST ASSEMBLY Test Services Ltd yesterday announced three promotions and said the management changes would complement the effort of its new US sales office to "accelerate customer support". Mainboard listed Stats,
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    • 230 9 Bloomberg [BANGKOKI KGI Securities One pel, a Thai brokerage controlled by Taiwan's Koos Group, said it would sell its stake in a Hongkong affiliate to clear the way for a merger between the Hongkong firm and a Singapore
      Bloomberg  -  230 words
    • 401 9  -  It made USsll.3m on USssBom sales as earnings and revenues rose in nearly all sectors Tay Hong Seng GLOBAL industrial raw materials supplier, main-board listed Noble Group reported a steep jump in net profit of almost four times to US$ll.3 million (Ssl9
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  • Page 4 Advertisements
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  • SINGAPORE markets
    • 533 6  -  1 11 comment STOCKS ven sreenivasan NEWS of more oil about to flow into an increasingly jittery global market did little to boost sentiment on the local bourse yesterday. It remained languid, with trading volume falling to one of the lowest levels
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    • 186 6  -  WARRANT WATCH liy Ven Sreenivasan PACIFIC Century Regional Developments' two covered warrants have taken a beating after news last week that the firm's Hongkong unit Pacific Century CyberWorks had failed to clinch two big edeals. The Merrill Lynch warrant
      186 words
    • 244 6  -  HOT STOCK By Serena Ng SINGAPORE Land's stock looks likely to see further correction in the next few trading sessions after having steadily moved up during the past three months. Although the counter has climbed a long way from its year-low of $2.74 in
      244 words
    • 147 6 ♦♦AIR Ocean will hold its AGM on Sept 22 at 3 pm, Le Meridien Changi, Mahagony Room, Level 2,1 Netheravon Road (Changi Village). ♦PACIFIC Andes (Holdings) will hold its AGM on Sept 30 at 10 am, The Percival Room, Fort Canning Country Club, 11 Canning Road. ♦PACIFIC Carriers
      147 words
    • 365 6  -  i comment CURRENCIES larry wee THE euro was pressed to new lows yet again in Asian trading yesterday, after a weekend meeting of European finance ministers failed to provide much more than the usual blunt warnings about the currency's latest rout. By the
      Source: Reuters  -  365 words
    • 527 6 Stocks Volume SingTel 15c 11.452.CXX) Federal Int20c 10,903,000 PacCent ML CW*****5 5,701,000 Vibropower 5c 5,237,000 Medi-Rad5c 4,662.000 IPCO 20c 4,300,000 MediaRing 10c 4,263,000 Wing Tai 25c 4,001,000 Leong Hin 20c 3,942,000 TT Int 15c 3,929.000 Stocks DBS Grp 50,645,868 PacificCentury 47,664,900 Chart Semiconductor 26c 39,073,550 SingTel 15c 31,800,810 SIA 22,188,705
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    • 486 6 PWCBWATerhouseQOPERS I As companies strive to enhance their shareholders' funds, there is a greater need to understand financial information, particularly balance sheets and profit and loss accounts. Decisions made without properly understanding the financial implications may lead to reduced profits (or even losses) and a reduction in shareholder value. This
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    • 44 6 Grow Your CPF With eiBht Important All applications for units m eight must be mode on tfve application forms accompanying the prospectus Investors must read the prospectus The valut of the units and the income from them may fall as well as rise ©IXSSBAM<
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    • 2151 8 Thai Farmers Bank lSfS\ Head Office: 1 Thai Fanners Lane, Ratburana Road, Bangkok *****. Thailand Public Company Limited and Subsidiary Vl[r_J BALANCE SHEETS AS AT DECEMBER 31, 1999 and 1998 Consolidated The Bank Consolidated The Bank 1999 1998 1999 1998 1999 1998 1999 1998 ASSETS Baht Baht Baht UAHUTES AND
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    • 22 8 SO PLEASURE BOATS/ SEA SPORTS Glide your eyes over here if you love a splashing good time. CATS.. The Straits Times Classified
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  • Page 9 Advertisements
    • 14 9 Business Tools Just imagine life without them. CATS. Buy It. S«U h. Find It.
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    • 220 9 You're an Internet Applications Provider, Incubator or Service Provider who offers Internet-based sales of products and services. i Your primary delivery channel and product offerings are through the Internet. You've been in business for 4 years or less. GENEROUS REWARDS AWAIT YOU ON SUCCESSFUL COMPLETION OF SUN'S iFORCE PARTNERSHIP. IMPORTANT
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  • Page 11 Advertisements
    • 121 11 ;iarS SHINt n HY T .tV P f H Nj Seems like it was just yesterday when we started out with an unshakable belief that we could help our clients make sound property investments and reap maximum returns with minimum risks. Our formula must have worked because we are now
      121 words

  • SINGAPORE news
    • 299 12  -  the economy electronics Ry\ David Boey US orders for electronic components rose 6.9 per cent or US$l.33 billion (552.3 billion) year-on-year to US$2O.7 billion in July, according to preliminary figures released by the US Commerce Department. But on a seasonally adjusted basis,
      Source: US Dept of Commerce  -  299 words
    • 601 12  -  Int'l standards, governance key to regaining investor confidence, he says Yang Razali Kassim ASEAN is under threat of losing out to North-east Asia in the heated race for investor confidence. And the best way to restore faith in the region is
      601 words
    • 258 12  -  Vivien Ng TXI23, a joint venture between Singapore Computer Systems and Oversea-Chi-nese Banking Corporation, signed yesterday an agreement to operate a business-to-business construction portal. The companies estimate the relatively untapped local market is worth up to $15 billion a year. TXI23 will hold 80
      258 words
    • 518 12  -  It prescribes 'empowerment' for the poor to fight poverty By i Chuang Peck Ming THE latest once-in-a-decade World Bank report on poverty, to be released today, could kick up a storm. Its call to give the poor a direct say in
      518 words
    • 467 12 CRT believes business most take a lead in promoting a fair and free society AGAINST the backdrop of the just concluded UN Millennium Summit in New York and the ongoing World Economic Forum in Melbourne, some 40 business leaders from around the world met up
      467 words
  • Page 12 Advertisements
    • 64 12 FOOD/ ENTERTAINMENT The Straits Times Classified, Classifications 5-36. Buy k. Sell h. Find H. A MEETING OF GREAT MINDS 19 jHhL* m 12 15 SEf'TCMHEH 2□ IK BMPW 3|HJp Singapore Expo. Hall A- £> TMVIYkb CONTRACT MANUFACTURING KEIFI PAVILION E-PAVILION FACTORY automation pavilion 9SIIHPrv.FI vy /k m."- /,y O S/\
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    • 132 12 I Providing jg A 1 IQXHH 1 cool comfort Jf,L I v SSMOWOO IM4 1 for commercial Hitachi Plant A 10 Anson Road #12-14 and industrial International Plaza S p0re*****3 Tel: 222 0665 Fax: 224 8358 hllilHiriP? Bb* hP4H«iJ*umqf.cMug utivuiig o Website at httpi/www hitachiplanLhbi nejp Since 1975 our worldwide
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  • MAIL bag
    • 561 13  -  Choong Chow Siong PhD Member of The Institute of Chartered Arbitrators (UK) and President, Nanyang University Alumni Academic Society Singapore I READ Anna Teo's "Abolishing audits, with some safeguards" (BT, Sep 5) with great interest. The auditing research committee of Nanyang University Alumni Academic
      561 words
    • 214 13  -  Henry Lim Li Shun I REFER to the article "Visit this website before you sell, buy a resale flat" (BT, Sept 1). The opening sentence seems to put property agents in a bad light. It suggests they may quote low prices to prospective
      214 words
    • 132 13  -  Chan Wing Kee VALUES of assets are built on past and projected future financial performance. Future financial performance is based on the risk models adopted in valuation. Risk models measure risk as probable deviations between expected returns and actual returns. Expectations swing with the
      132 words
    • 104 13  -  Fun Chee Heng I REFER to the article, "So much land for golf courses" (BT, Sept 5). In view of the improving relationship between Malaysia and Singapore, the number of golf courses in Malaysia, in particular Johor, should meet the golfing needs of Singapore
      104 words
  • Page 13 Advertisements
    • 77 13 We welcome letters. E-mail us at btietterQsph. com. sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in
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    • 408 13 Re-evaluate. Communicate. Sell. A simple action plan for any small Intel* Pentium* ill yi AAt business. And one you can achieve processor 733*^2 (dual processor capability) with our total networking solution. I SSSZ Lmm 2 A ion Free 3 years on-site, 9 hours x 5 days, At IBM, W6 V
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  • FOCUS property
    • 683 14  -  l=i comment PROPERTY Service Is useful but data needs daily update; also consider a matching service lee han shih SOMETHING unusual happened on Aug 31. The Housing and Development Board launched an online service on resale flats. What's unusual is not
      FILE PHOTO  -  683 words
    • 423 15  -  98 units in Ist batch, 69 in the second sold; 50 Rivervale Crest units taken np B& Marissa Chew [SINGAPORE] Keppel Corporation's Caribbean at Keppel Bay proved the hottest launch over the weekend, which saw selective buyers ignoring some projects in favour of others.
      423 words
  • Page 14 Advertisements
    • 393 14 1/ (9 I SIUM ."»•«&< m W «pP^^PPP Using the global resources of leading news services, Star Hub iPower gives you the power to stay up to date anywhere, anytime. Call 1800-STARHUB (1800-782 7482) or visit www.starhub.com.sg today. Aa\ Star Hub Fernhill Grove Prime Freehold Site near Orchard Road For
      393 words
    • 23 14 SO PLEASURE BOATS/ SEA SPORTS Glide your eyes over here if you love a splashing good time. •S CATS. The Straits Times Classified
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    • 301 14 I V RESIDENTIAL INVESTMENT 1~ w OPPORTUNITY Freehold, District 11 Y7 I 12 maisonettes (2,645 sq ft to 3,068 sq ft) 1; y>\ I Single owner selling Jj MNC tenants, good yield Ig Squash court/swimming pool tel Close to Novena MRT Station For enquiries, please contact i* CB Richard Ellis
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    • 90 14 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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  • Page 15 Advertisements
    • 205 15 For Sale 8 Robinson Road J.'- Vl n OUB I Caltex House J T f 'l Centre J Hitachi Tower r Mabccc»sl Llwrrrr----^ I» Centre sf£' n >OnQ AI V* V Lj I l"*i !f .J3 JfcA 5 Clifford Centre r- t iBBHh U r Raffles Plazo j *1 Interchange
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    • 57 15 Jones Lang W LaSalle. FOR SALE BY TENDER 7 CLEMENTI LOOP A purpose-built part 1 part 4-storey detached warehouse with ASRS system Floor Area-approx. 97,586 sf Land Area-approx. 107,618 sf Tenure-JTC 30+30 years wet 16/6/1993 Ideal for corporate headquarters TENDER CLOSING ON 26/9/2000 TUES AT 3 PM M JONES LANG
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    • 1109 15 Noble group limited (Incorporated in Bermuda with limited liability) Interim results announcement for the half-year period ended 30 June 2000 The ioard of Directors of Noble Group Limited present to you below the unaudited consolidated results for our operations during the first six months of 2000. These results show significant
      1,109 words

  • EDITORIAL & opinion
    • 794 16  - WEF protests public face of private malaise bottom line OPINION tye kim khiat The writer is a BTcopy-editor ANTI-this and anti-that groups are rearing their ugly heads. They make no bones about their one-strand agendas, which on their own, pose little threat to law and order, but the fact that
      794 words
    • 83 16 The digital economy is completely dependent on the big central power plant.' Peter Haber and Mark Mill* co-authors of the Digital Power Report, explaining that high-technology itself is surprisingly energy-intensive and investors may be underestimating the importance of energy. 'She was always sort of desperately eager to
      83 words
    • 566 16 EDITORIAL JUST days after assuming his new post, Indonesia's chief Economics Minister Rizal Ramli sought to stamp his mark on the country's economic landscape. Dr Rizal, now one of the most powerful persons in the country, made known that his team meant business. He also made
      566 words
    • 1022 16  -  Japanese PM's visit removed political hnrdle bnt lack of real economic reform is main hnrdle to foreign investment By] Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article to BT JAPANESE Prime Minister Yoshiro Mori's visit
      FILE PHOTO  -  1,022 words
    • 846 16  -  COMMENTARY By\ David Ignatius LAT-WP WHEN it comes to economic policy, the best strategy in a crisis can sometimes be summed up in three words: Just shut up. That advice is anathema to politicians, who seem to believe that the public
      LAT-WP  -  846 words

  • MALAYSIA news
    • 453 17  -  Unit set for major turnaround although it's also saddled with huge debts From Eddie Toh in Kuala Lumpur MALAYSIAN tycoon Tajudin Ramli, who is in the midst of selling his stake in Malaysian Airlines, is bullish about prospects for his
      FILE PHOTO  -  453 words
    • 428 17 KUALA LUMPUR Anti-Corruption Agency has met Eric Chia twice THE Anti-Corruption Agency will summon former Perwaja Steel Sdn Bhd chairman Eric Chia to assist investigations over massive losses incurred by the now insolvent steel company, the New Straits Times reported yesterday. ACA
      NST  -  428 words
    • MARKET moves
      • 85 17 TENAGA Nasional Bhd, Malaysia's largest publicly traded stock, fell 30 sen, or 2.6 per cent, to RM11.30, after Ahmad Tajuddin Ali turned down an offer to return to run the company as president and chief executive officer on the same terms and condition as
        85 words
      • 79 17 TIME Engineering Bhd fell 18 sen, or 6 per cent, to RM2.84 after The Edge weekly newspaper reported the company may delay its plan to sell shares in its Time dot Com unit. The paper said the firm may postpone the sale by
        79 words
      • 102 17 BERJAYA Group Bhd tumbled 6.5 sen, or 13 per cent, to 42.5 sen, its lowest in more than two years, after the diversified group called on shareholders to buy new shares to help it raise RM73O million to repay debts. The group, with interests
        102 words
      • 73 17 Compiled from Bloomberg PETRA Perdana Bhd, which provides engineering services to the oil and gas industry, fell 32 sen, or 6.2 per cent, to RM4.88 after it said it hasn't been awarded any of the RM44O million of contracts for which it's bidding. The
        Compiled from Bloomberg  -  73 words
    • 276 17 KUALA LUMPUR He will (Levote more attention to party matters AFP Bernama MALAYSIA'S veteran Prime Minister Mahathir Mohamad said yesterday he would hand over some duties to his deputy to prepare for the leadership succession. Dr Mahathir, 74, said he
      AFP; Bernama  -  276 words
    • 169 17 KUALA LUMPUR Reuters MALAYSIA Airports Holdings Bhd (MAHB) said yesterday it was looking at a possible bond funding to meets cash requirements, which include money for a new exhibition centre. "One of the options is the possibility of raising funds through the debt securities market,"
      Reuters  -  169 words
    • 535 17  -  From Eddie Toh in Kuala Lumpur THE Malaysian stock market may have another casino play soon, but investors are unlikely to be in a hurry to head for the exit door of the Genting Highlands casino, according to
      535 words
    • 416 17 KUALA LUMPUR It plans to raise US$3OO-500m via yankee or euro bonds AFP AFX-Asia MALAYSIA'S national phone company Telekom Malaysia plans to raise either yankee or eurobonds by the end of this year to refinance existing debt, the Malaysian Business Times
      AFP; AFX-Asia  -  416 words
  • Page 17 Advertisements
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  • Page 18 Advertisements
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  • e-NEWS
    • 458 19 SAN FRANCISCO Pall threatens to spread to other websites which depend on online ads AP A SLOWDOWN in online advertising is translating into a painful comedown for the Internet's glamour stock, Yahoo! Corp, and other popular websites that sell ads to pay
      AP; FILE PHOTO  -  458 words
    • 239 19 PARIS AFP SOFTWARE giant Microsoft Corp and telecoms leader Ericsson said yesterday their partnership to make Internet access through mobile phones available to consumers worldwide would be operational by the end of the year. The tie-up was officially launched yesterday after the
      AFP  -  239 words
    • 276 19 It also unveils new notebook with larger screen, keyboard ARMONK. New York Bloomberg INTERNATIONAL Business Machines Corp said it will begin selling supercomputing software to help big Internet companies manage burgeoning data demands better. The software had been used to let
      Bloomberg  -  276 words
    • e Briefs
      • 65 19 Bloomberg [SANTA CLARA, California] Palm Inc, the No 1 maker of electronic organisers, signed an agreement with Speech Works International that will let users access their calendars through any phone. Terms weren't disclosed. The service should be ready in the first quarter, the companies said. Palm
        Bloomberg  -  65 words
      • 69 19 Reuters [SYDNEY] Internet software developer Sausage Software Ltd surprised with a AJ3.29 million (553.18 million) loss for 1999/00 reported yesterday, but said prospects for the year ahead were much brighter. Healthy revenues from its recently acquired SMS Consulting group were expected to flow through in
        Reuters  -  69 words
      • 66 19 Reuters [TOKYO] NTT Communications, a unit of Japan's Nippon Telegraph and Telephone Corp, yesterday said it has completed its US$5.5 billion (559.5 billion) purchase erf" US Internet service provider Verio Inc. On Aug 31, NTT Communications said it had completed its tender offer, giving the
        Reuters  -  66 words
      • 43 19 Reuters [MELBOURNE] Australia's dominant telco Telstra Corp Ltd yesterday said it would bid with Ericsson Australia in the federal government's ASISO million (Ssl4s million) tender to provide untimed local calls and Internet services to remote areas. Reuters
        Reuters  -  43 words
      • 56 19 Bloomberg [SYDNEY] One.Tel Ltd, Australia's No 3 telecommunications carrier, turned to a second-half loss of AJ238.4 million (*****.5 million) because of accounting costs associated with its planned listing in the UK. The loss for the six months to June 30 compares with a profit of
        Bloomberg  -  56 words
    • 393 20 HONGKONG Other Asian ventures shaky as tech stock retreat casts donbts on value Bloomberg PACIFIC Century CyberWorks Ltd slid to its lowest in almost five months after GigaMedia Ltd pulled out of a joint venture, hindering the expansion plans of Asia's No
      Bloomberg; Source: Bloomberg  -  393 words
    • 82 20 SINGAPORE Reuters SHARES of Pacific Century Regional Development Ltd (PCRD) slumped by $1.40 or 6.3 per cent in yesterday's trading on the back of declines by its Hong Kong-based Internet and telecom subsidiary Pacific Century CyberWorks (PCCW). PCRD shares hit a two-month low of $20.60 in
      Reuters  -  82 words
    • 229 20 TAIPEI Reuters TAIWAN President Chen Shui-bian said yesterday his government would study the possibility of easing a de-cades-old ban on technology experts from arch-rival China working on the island. Mr Chen, who has pledged to turn Taiwan into a technol-ogy-based Silicon
      Reuters; REUTERS  -  229 words
    • 599 20 mLOS ANGELES NYT THE announcement last week that Shockwave.com, one of the most frequently visited entertainment sites on the World Wide Web, was laying off 15 per cent of its staff and shifting its emphasis toward more interactive diversions, was bad enough. But coming
      NYT  -  599 words
  • Page 19 Advertisements
    • 1187 19 begins with an open mindfl^fl^fl^^J We are constantly an the knowledge it. And crucial in the success of our strategic DIRECTOR DEPUTY DIRECTOR planning and development efforts will be a I Technology Direction (Ref:TG-01/8T912) -EC (Manufacturing ft Logistics Cluster) (Ref:OLD-01/8T912) senior team of highly-capable visionaries 1 Reporting directly to the
      1,187 words

  • Page 20 Advertisements
    • 2052 20 NOTICES ADVANCED SYSTEMS AUTOMATION LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETINC. NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of the Company will be held at 54, Serangoon North Avenue 4, Singapore *****4 on Wednesday, 27 September 2000 at 11.30 a.m. for the
      2,052 words

  • Page 21 Advertisements
    • 192 21 TIM Ixk;i \ii \r 99? run xfrox V* WW—————————WWW»M—— l» Ml MM. *•> V A\•'. ,«v t&Ss »\-;As 'iif ijrf A. M 'fe' fe•M? tjgf |l*. '\mn v. til if" .V VV** oV', 'jC-ffsami-L* "?y irSMtg-■.-•JStim r «;i 1 I r SjUft r >* FUJI XEROX. MAKING OUR MARK AT
      192 words

  • REGIONAL news
    • 511 22 MANILA Urban Bank funds allegedly used to buy 2.8b pesos of doubtful receivables from unit Bloomberg THE Philippine central bank filed criminal complaints against 10 top officials of shuttered Urban Bank Inc and affiliate Urbancorp Investments Inc as it steps jup
      Bloomberg; AFP  -  511 words
    • 183 22 JAKARTA Reuters THE Indonesian attorneygeneral said yesterday detained central bank governor Sjahril Sabirin's corruption trial over a politicallycharged bank scandal would go ahead within a month. "Sjahril Sabirin will be tried within the coming three or four weeks," Marzuki Darusman told reporters. Sjahril, who
      Reuters  -  183 words
    • 383 22 JAKARTA Bloomberg BANK Rakyat Indonesia, a state-owned lender, is in danger of collapsing under a proposed sale of the bank's corporate loans, the finance minister said. Prijadi Praptosuhardjo said a proposal for the bank to sell 6.2 trillion rupiah (SSI.3 billion) of
      Bloomberg  -  383 words
    • 217 22 JAKARTA Bloomberg INDONESIA will reduce its export duty on crude palm oil as early as today to help producers, said Trade Minister Luhut Panjaitan. President Abdurrahman Wahid's economic advisers decided to lower the crude palm oil export tax to
      Bloomberg  -  217 words
    • NOTE Book
      • 108 22 Reuters [WELLINGTON] Internal New Zealand politics yesterday threatened to derail a planned free trade deal with Singapore, with Prime Minister Helen Clark (right) unable to guarantee majority support in Parliament for the pact. Ms Clark's Labour Party supports the planned Closer Economic Partnership
        Reuters  -  108 words
      • 106 22 Reuters [BANGKOK] Shares In waste management firm General Environmental Conservation Pic almost sold out on the first day of subscriptions for Thailand's first Initial public offering in over three years, lead manager SG Asia said yesterday. "On the first day, the
        Reuters  -  106 words
      • 83 22 Bloomberg [NEW DELHI] India collected more tax in August as the country's citizens paid almost half as much more in taxes than they had during the same month a year ago, said the Ministry of Finance. Tax revenue rose 15.5 per cent to 1203
        Bloomberg  -  83 words
      • 108 22 AFX-Asia [SHANGHAI] China will finish preparing the framework for a second board market by the end of October, with the market to begin operations by year's end, Shenzhen Stock Exchange official Wu Yonghe said, according to yesterday's Shanghai Daily. According to the
        AFX-Asia  -  108 words
      • 83 22 AFX-Asia [BOMBAY] Consolidated Press Holdings Ltd may consider joint investments in India with News Corp, the Business Standard reported yesterday, quoting James Packer, Consolidated's CEO. Mr Packer said India could see an alliance between the two groups in the near ftiture, although it will
        AFX-Asia  -  83 words
      • 79 22 AFX-Asia [MANILA] Equitable PCI Bank said it is in an advanced stage of negotiations with HSBC Holdings Pic over the sale of one of its thrift bank units, withtoth parties working out the terms of the deal "Although boffiparties 1 are hopeful of
        AFX-Asia  -  79 words
      • 100 22 Bloomberg [MANILA] First Philippine Holdings Inc and a unit of Britain's BG Group will invest a combined 5.5 billion pesos (*****.2 million) in a holding company they Jointly own to help finance a second power plant. First Holdings and BG Consolidated Holdings (Philippines) Inc
        Bloomberg  -  100 words
    • 305 22 I MANILA Hostage crisis rekindled as gunmen flee towards Philippine islands Bloomberg GUNMEN said to be from the Philippines kidnapped three Malaysians from a diving resort, rekindling a hostage crisis that seemed close to ending when Muslim rebels released their last European hostage last
      Bloomberg; AFP  -  305 words
    • 661 24  -  Turnout of only 43.5% of 3.06 m registered voters; dissatisfaction with govt, politicians blamed From Quak Hiang Whai in Hongkong THE Democratic Party headed by Martin Lee won the most seats in Hongkong's legislature elections on Sunday, but the pro-democracy camp
      661 words
    • 479 24 NEWDELHI Study findings could help rework the way economic growth is evaluated Bloomberg INDIAN men gossip and quarrel more than women and spend longer washing, grooming, exercising and relaxing, a government study conducted to gauge productivity shows. The first study of its kind
      Bloomberg  -  479 words
    • 243 24 BEIJING Bloomberg CHINA'S industrial production last month maintained July's record pace of 12.8 per cent growth, driven by increased demand for machinery and other heavy industrial goods. Output totalled 201.2 billion yuan (5541.9 billion) in August. The result was in line with
      Bloomberg  -  243 words
  • Page 22 Advertisements
    • 1030 22 Avaplas Ltd (lacarporattd la the Republic of Sia(apore) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Le Meridien, Changi, Angsana Room Level 2 on Thursday, 28 September 2000 at 11.00 a.m. for the purpose of transacting the following business: ORDINARY BUSINESS 1.
      1,030 words

  • Page 23 Advertisements

  • Page 24 Advertisements
    • 109 24 I i j^«H| Want an all-expenses paid trip •> J I to Go-Kart race with Formula One ace Michael Schumacher in Kuala Lumpur |H|lTI IN) next month? We're giving you the chance to do just that. Log on to eyeball.asial .com.sg I '^S*f^Sfev§S3p| I iSliSt* I ri ®H!SEl®®fl^cSsisi^i»'sS«'i(SiS I From
      109 words

  • WORLD news
    • 698 25 BATTLE OF THE BOURSES US exchange's change of heart could be another body blow to iX merger The Daily Telegraph AP Reuters [LONDON) Nasdaq, the US high-tech exchange, is understood to be considering switching sides in the battle for control of the London
      The Daily Telegraph; AP; Reuters  -  698 words
    • 505 25 STOCKHOLM Reuters AFP SWEDISH share market operator and technology provider OM Gruppen AB posted its official US$l.2 billion (Ss2.l billion) bid for the London Stock Exchange (LSE) yesterday, prompting intense speculation that a rival offer would come in from other players.
      Reuters; AFP  -  505 words
    • 72 25 [LONGBRIDGE] British model Twiggy poses on a British Mini Classic car yesterday as it enters its last phase ofproduction at Long bridge. The car has become a symbol of the '60s in Great Britain. The last Mini Classic will roll off the production
      AFP  -  72 words
    • 160 25 mLONDON Bloomberg GLAXO Wellcome pic and SmithKline Beecham pic, which plan to merge into the world's No 2 drugmaker, have delayed the union a second time as US anti-trust regulators scrutinise their quitsmoking products. The UK companies now plan to complete their US$7O billion (*****.1 billion)
      Bloomberg  -  160 words
    • 425 25 BASEL Bloomberg THE Bank for International Settlements will restrict ownership of its shares to central banks and spend 1.2 billion Swiss francs (Ssl.2 billion) to buy out private shareholders. The BIS will pay private shareholders, who hold 13.74 per cent
      Bloomberg  -  425 words
    • 534 25 NEW YORK Reuters NYT HEWLETT-Packard Co said yesterday it is in negotiations to acquire the consulting unit of PricewaterhouseCoopers in a possible cash-and-stock deal valued at US$l7 billion (5529.41 billion) to US$lB billi° n If completed, the purchase would be the
      Reuters; NYT  -  534 words
    • 312 25 LONDON Reuters HONGKONG conglomerate Hutchison Whampoa sold part of its stake in UK mobile phone operator Vodafone yesterday, sending the latter's shares sharply lower as the news hit the market. Hutchison offered a US$2.5 billion (554.3 billion) threeyear bond exchangeable into
      Reuters  -  312 words
    • 268 25 NEW YORK Reuters US investment bank Goldman Sachs said yesterday it would buy share dealer Spear, Leeds Kellogg for about US$6.5 billion (5511.3 billion) in an effort to beef up its business of buying and selling stocks. The acquisition is Goldman's largest since it
      Reuters  -  268 words
    • 509 27 TOKYO It plans to rebuild US unit from the bottom in the wake of tyre-safety scandal Bloomberg BRIDGESTONE Corp's top executive yesterday said he may replace management at the US unit in an effort to "rebuild the company from the bottom". This was
      Bloomberg; REUTERS  -  509 words
    • 486 27 TOKYO AFP Reuters DAIMLERCHRYSLER AG may launch a full takeover of crisisstruck Mitsubishi Motors Corp (MMC) after renegotiating its partnership with the Japanese automaker, a report said yesterday. "If that is feasible under the current agreement, then it is the right thing to
      AFP; Reuters  -  486 words
    • 720 27 It increases demand for capital, boosts aggregate demand, putting pressure on inflation FT HOW much substance is there to the US productivity boom? This question is right at the heart of attempts to explain the strength and the dogged resilience of
      FT  -  720 words
    • 547 27 TOKYO Ten gets modest boost, fall in stocks cushioned; focus on govt stimulus package Reuters JAPAN'S economy expanded at a robust 4.2 per cent annual pace in the three months to June, logging a second quarter of convincing
      Reuters  -  547 words
    • 340 27 LONDON Reuters ELISABETH Murdoch, the daughter of media tycoon Rupert Murdoch, yesterday joined the board of British magazine publisher Future Network pic, her first post since quitting her father's satellite TV company BSkyß. Future Network said 32-year-old Miss Murdoch had been appointed to
      Reuters  -  340 words
  • Page 25 Advertisements
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  • Page 26 Advertisements
    • 2312 26 I NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 1131 Goldtron Limited /j(lncorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Seventh Annual General Meeting of the Company will be held at 53 Übi Road 1, Singapore *****8 on
      2,312 words
    • 623 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MACDONALD DESIGN PTE LTD On Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of Members of the Company
      623 words
    • 576 26 IN THE MATTER OF THE COMPANIES ACT. CAP SO AND IN THE MATTER OF SUMITOMO TRUST MERCHANT BANK (SINGAPORE) LIMITED (M Members Voluntary Liquidation) At an Extraordinary General Meeting of the members ot the abovenamed company duly convened and held at 8 Shenton Way #45-01 Temasek Tower Singapore *****1 on
      576 words


  • KNOWLEDGE economy
    • 1547 28  -  Women, geeks, criminals provide lessons for New Economy survival, says Patrick lambe PATRICK LAMBE The writer is assistant director of the Professional Development Centre at The British Council. Email your comments to btletter(asph. com.sg and plambeagreenchameleon.com EARLY warnings from regions that saw the collapse of Old
      LUDWIG ILIO/ST; MIEL/ST  -  1,547 words
  • Page 28 Advertisements
    • 134 28 B Slk. 111. A You can't reach new heights in today s eßusiness world unless you get all your ducks in a row. You need integrated B&* networks that let your employees, partners, suppliers and customers work together. And all their different operating j systems, intranets, extranets and the Internet
      134 words

  • FINANCE & commodities
    • 298 29  -  SGX Derivatives Trading/iVyorfe ST Index/MSCI S'pore Index Chan Yet San SINGAPORE stocks fell yesterday on Nasdaq's 2.9 per cent slump last Friday. The Straits Times Index lost 0.72 per cent to 2,119.61 points. Within the index, 57 counters advanced while 281 declined and
      298 words
    • 232 29  -  MSCI Taiwan Index Chan Yet San THE Taiwan stock market closed lower yesterday following Nasdaq's fall on Friday and rising margin calls. The MSCI Taiwan Index fell by 1.48 points or 0.46 per cent. It touched a high of 323.95 and low of
      232 words
    • 188 29 COMMODITY REPORT Reuters AP [ZURICH] The Swiss National Bank sold 7.59 tons of gold in its latest 10-day reporting period, bringing the total sold so far to around 101.6 tons, according to figures released yesterday. The central bank said its gold reserves feU by
      Reuters; AP  -  188 words
    • 317 29 Reuters London THE euro dived to record lows against the US dollar, yen and Swiss franc yesterday as the market tested the European authorities' resolve to defend the beleaguered currency. Pressure on the single currency intensified in the absence of central bank action to follow up on a
      Reuters  -  317 words
    • Article, Illustration
      1264 29 DfTERBAMR CROSS RATES >Sgp// c Rn» Euro Ffr Dm M$ IndftVm Wow Ml DgPih Nw S$ »and Sfr MT$ BK Hmi US$ Australia 0.824 4.627 0.645 4.233 1262 4.348 25.438 46.997 0.592 6.183 2.119 *****0.504 25.37? 0.968 3.964 0.995 17.335 23.m 0.393 0 558 5 6,7 0783 5.138 1532 5.277
      1,264 words
    • 1888 29 BICOM FUTURES Sepll RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTS centsAfl) CIom Volume Opto Month H» U» SKt (tomes) Interest Oct 00 112.75 Nov 00 114.50 Ok 00 115.75 Jan/Mar 001 119.00 RSS 3 CONTRACT (US cmtt/kq) VotaffM Open Xowtfc Kljjh Low Sett (towm) Interest Oct 00 63.50 2750
      1,888 words

  • STOCKS east asia
    • 2849 30 HONGKONG Reuters Q Hang Seng -267.47 HONGKONG stocks were yesterday dragged lower in thin trade by telecom heavyweights as investors became increasingly nervous about the strength of Pacific Century CyberWorks' stock and a planned share placement by China Mobile. The prospect of more
      Reuters  -  2,849 words
    • Article, Illustration
      1018 30 Reuters Q Shenzhen Blndex -Ll2 CHINA'S hard currency B shares ended mixed yesterday after slow trade as most investors stayed on the sidelines to await clear signs of a near-term trend. The Shenzhen B Share Index fell 0.93 per cent or 1.12 points to 119.88. Turnover was little changed
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,018 words
    • 397 30 AFP □WP Index -32.79 TAIWAN share prices fell 0.4 per cent yesterday to a hit a year low in lacklustre trading ahead of a holiday. The Weighted Price Index dropped 32.79 points to 7,335.20, following a 0.8 per cent decline in the previous session. "There was not enough volume
      AFP  -  397 words
    • 2046 30 TOKYO AFP CI Nikkei 225 -370.66 SHARE prices in Tokyo slipped 2.2 per cent yesterday as investors dumped high-technology issues following a plunge in the US Nasdaq Composite. Investors largely ignored a one per cent gain in Japan's gross domestic product (GDP) in
      AFP  -  2,046 words
  • Page 30 Advertisements

  • STOCKS klse
    • 452 31 AFP Q Composite Index -12.66 MALAYSIAN shares ended 1.7 per cent lower yesterday with the market continuing its decline from last week in the absence of fresh leads, dealers said. The Composite Index fell 12.66 points to 727.15. The Second Board Index was down
      AFP  -  452 words
    • 8046 31 INDUSTRIALS Conswittr products 200C Last Vol Day Net Hlgti Low Company Sala OOO High Low P/t 420 310 150 191 14 *52 A"***" 56 -2.5 55 58.5 56 8i 7 9 *25 Apollo Food Hlq 450 until 9 450 450 9.8 I8C 3 Z£3 2 J22 T 50c 3350 25
      8,046 words
  • Page 31 Advertisements

  • SGX clob & regional stocks
    • 3198 32 BONDS A WARRANTS Wt Vratt Pra»/ ti«r f M-«ea* Last M B»» UalOeete *n KM* Can bar Dkc HUM U» Cm*—* *m- rtttl I— k|ir Mr Me* MmHiI Mto Ma <%> ggg UN 51.5 to s Acma W*****4 10 -1.5 116 11.5 10 10 11 12 41.0 1 300 184
      3,198 words
    • Article, Illustration
      740 32 AFP CI SET Index -6.73 THAI shares shed 2.3 per cent yesterday following Wall Street's fall on Friday, with telecom and financial stocks bearing the brunt of the selling. The Stock Exchange of Thailand (SET) Index closed 6.73 points lower at 290.34. Decliners led advancers 140 to 33, with
      AFP  -  740 words
    • 284 32 AFP CI Composite Index -2221 PHILIPPINE share prices fell 1.5 per cent yesterday after the central bank raised key short-term rates to shore up the sagging peso. The Composite Index shed 22.21 points to 1,501.48. Volume rose to 488.08 million shares worth 2.06 billion pesos. —AFP COOO) MRC Allied
      AFP  -  284 words
    • Article, Illustration
      704 32 AFP Q Composite Index -fIL39 INDONESIAN shares closed 1.8 per cent lower yesterday in thin trade amid concern over last week's killings in West Timor and next month's planned fuel price hike. The Composite Index fell 8.39 points to 462.54. The rupiah weakened to 8,440-8,450 against the US dollar
      AFP  -  704 words
    • 267 32 AFP QNZSE-40 +192 NEW Zealand stocks closed up 0.1 per cent yesterday on slight turnover, driven mainly by gains in Telecom Corp. The NZSE-40 Index was up 2.92 points at 2,091.10. Turnover was NZ$59.B million and Telecom closed up seven cents at NZ56.45. AFP SapII *75 COO#) Advantage MOS
      AFP  -  267 words
    • 546 32 AFP All Ordinaries -24.0 AUSTRALIAN share prices fell 0.7 per cent yesterday, dragged lower by falls in News Corp and Telstra. Macquarie Financial Services adviser Steve Mayne said local investors took their lead from Wall Street's decline on Friday. The All Ordinaries Index lost 24 points to 3,255. National
      AFP  -  546 words
  • Page 32 Advertisements

  • 5379 33 SOXMADfBOARD Transaction date: Sep 11 a jriai, x MUiTI* INDUSTRY C—TTI I HH||| to.5 U iSfffcSl 24*3 m w o jj a. 'OS- 4 *S I *<■« rood&Proe las -is 2017 12 10 10J 11 >14 -12 24 8 UBe K 2 *T 4» 5§ g 2 tj|
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  • Page 33 Advertisements
    • 62 33 m CortinaW^Cef^ Regional Agent. Showroom ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. available at singapom 501 Orchard Road #01-10/11 Wheelock Place Singapore *****0. Tel: 238 66/8 Fax: 238 6676 Cortina Watch Centre Pte Ltd internet: http://w ww aU( jrrnarspiKuct.com Raffles City #01-16 TH: *****85 Lucty Plaza #01-12 Tel: *****68
      62 words

  • EMMY awards
    • 837 34  -  To win back viewers, the academy this year replaced its traditional voting system and panel with a new selection process, reports lisa de moraes LISA DE MORAES LAT-WP THE really big battle at Sunday night's Primetime Emmy competition wasn't between NBC's White House fantasy The
      LAT-WP  -  837 words
    • 564 34  -  By] Beth Harris AP [LOS ANGELES] Debra Messing, Stockard Channing and Molly Shannon shimmered in red satin dresses on the red carpet at the Emmy Awards. Camryn Manheim defied the sizzling temperatures in grey flannel. No one colour or style dominated Sunday's
      AP; REUTERS; AFP  -  564 words
  • Page 34 Advertisements
    • 441 34 TOP PRIZE 11 ]f W M Yeoh Wee Teck $2000 cash usend wceteck I SECOND TIER PRIZES < W I I Tan Lian Chat Palm lIIC userid tanic 100 1 TanßoeyYong Palm lIIC user*: tanboeyyong 1 Hemant Chrtaie Palm lIIC ueerid: ftkehttai Wang Ming Hwei Palm lIIC userid; pinkelle a
      441 words
    • 302 34 V. (vi l.*-. M/ 4 I m <# \T \jf T W- Prime^ it Emmy Award winners Comedy series: Will and Grace. NBC J Drama series: The- IVest Wing. NBC yW r Mini-series: The Corner. HBO Variety, music or comedy Series: Lafe Show IV/fh David Letterman. CBS Variety, music or
      302 words

  • Page 35 Advertisements
    • 395 35 WIIPFP tO WIIIP Hinp Qfirl pntprtQin Prrsented f Diners Club Diners Club Credit Card To apply, call: Y iici ciu muc, uiiic dim ciiuruuii... u MemuM Definitely the first card in the world IJMSM29O 4545 mmmmmmmam Wfc ne dandSpjitrys-Momiay, where youtl swifig to the same moves as other dancers! On
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  • Page 35 Miscellaneous
    • 866 35 Central 9 That "70s Show: The 6JO Sajian: Masak Apa?. 2.02 To 6.00 am: Real-time 900 AM Kids Central- <Ip<wi Drive Irv 7.00 Fikir-Fikir. Financial Data. n i 9 30 News 5 Tonight. 7JO Santai: ID. II "V*® 10 oo Rnffi lThflnno 10,00 Ally Mcßeal. 8.00 Berita. Bgartmhf I I
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    • 329 35 CRYPTIC CROSSWORD ACROSS (4.5) 1 Bound to get into suitable the- 5 Gathering there's argument atre (4-3) within the diplomatic corps (5) 5 Makes boxes to hold illeqal druq 6 Sent out with Pope's laic letters (7) relating to bishops (9) 9 Walking into a travel job? (7) 7 Tour
      329 words

  • US open
    • 942 36 The 13-time Grand Slam winner hands US Open title to young Russian in 6-4,6-3,6-3 defeat LATWP PETE Sampras looked to his right, then up at the umpire's chair, then at the net on Sunday afternoon. Marat Safin had just plucked one of his 124 mph serves
      LATWP; REUTER AP PHOTOS  -  942 words
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  • SHIPPING TIMES
    • Article, Illustration
      167 37 Reuters THE Baltic Dry Index (BDI) rose seven points to 1,696, the Baltic Panamax Index rose nine points to 1,637, the Baltic Handy v Index fell one point to 1,162 and the Baltic Capesize Index rose 14 points to 2,300 on Friday. TIME-CHARTER: ♦Pacific Navigator 1997 165,782 dwt
      Reuters; Source: BRIDGE  -  167 words
    • 262 37 m* a»n g *h m CWT Ontrmotton __.0.70 unch 5 Oman Ml* 0J8 -0.01 422 C«w>w«wmit—aw 001 203 'NUrtUrta <M7 -0.0) 404 GBHoMngi a 62 unch 0 H« Sun Hup 03» -OOI 728 MC Hotfngs-KK —5.60 unch 0 Jay* Holdings 0.16 -0.0" W4 K*M«C*rp 182 -0.06 313 XflfpatFCLS
      262 words
    • 482 37  -  Joseph Tan Jude Benny Anne Choo wants lawyers to get first-hand marine experience By, Ann Toh [SINGAPORE] One of Singapore's largest specialist shipping firms, Joseph Tan Jude Benny Anne Choo, has devised an innovative training programme to arm its lawyers with first-hand
      482 words
    • 274 37 Reuters [NASSAU, The Bahamas] Oil and petroleum shipping company Teekay Shipping Corp said it has adopted a shareholder rights agreement designed to protect shareholders from coercive takeover tactics even though it is not aware of any effort to gain control of the company. The
      Reuters  -  274 words
    • 367 37 Captain afraid illegal immigrants might have hidden in sealed container LAT [WASHINGTON] Federal officials found no signs of stowaways on a cargo ship diverted to an Alaskan port after its captain became alarmed that one or more people might be trapped
      LAT  -  367 words
    • 508 37  -  From P T Bangsberg in Manila CHINA'S eastern Port of Lianyungang, terminus of the Eurasian Continental Bridge rail route to Rotterdam, is to create a two-way navigational channel allowing ships of 70,000 deadweight tons to transit in all weather conditions. Lianyungang has annual
      508 words
    • SHIPPING news
      • 745 38  -  DOCKYARD I By David Hughes THE International Chamber of Shipping (ICS) has submitted proposals to the International Maritime Organization (IMO) aimed at achieving a compromise on the controversial single-hull tanker phase-out issue. ICS's proposals on how IMO's International Convention for
        FILE PHOTO  -  745 words
      • PORT Shots
        • 59 38 THE Panamanian government and canal governing body have held a ceremony at which some 320 children from schools within the canal watershed planted hundreds of native tree saplings along the Galliard, or Culebra, Cut. The reforestation was one of several commemorative events to celebrate the
          59 words
        • 94 38 UK shipbuilder Harland and Wolff (H&W) faces an uncertain future following Global Marine's continued refusal to pay U5534.6 million (Ss6o million) that the yard is claiming in outstanding work, as well as a lack of firm orders. The unsettled bill relates to overruns on the cost of
          94 words
        • 69 38 HONGKONG-based port and terminal operator Hutchison Whampoa has reported US$4 billion in net profits for the first six months of the year, more than three times its figure for 1999. Disposal of non-port assets contributed to 82 per cent of the total. Hongkong International Terminals saw growth of
          69 words
    • 182 38 PAGE Dpk Lloyd 8 ACL 6 Dooqwrrva 3 Accord 8 Eistf4M 6 Appenship 5 ECL Assets 8 ECUUne 6 Austral 8 Evef reefl 6 Ma" Stag 5 F0OO,Sun 5 »c. Fuhai 7 M I GL 4 CCM 7 6 Hangli 7 CMACGM 3 Han„n 3 COSCO 5
      182 words
    • 22047 44 THEBUSINESSTIMES theßusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Destn Name Name Number Number SIN Destn Name Name Number Number 30/09 J0/10 UASC ASIR C*»W 65-*****17 To ABIDJAN (ABJ) 2003 Cote D'lvoire 02/» 24/10 cosco zhonghe oomw *****1900 21/09 20/10 COSCO
      22,047 words
    • SHIPS IN PORT
      • 757 49 Vessel Voy No Berth Arrival Departure PMomixttooe 34 *J05 11/09/0:30 IV09/1940 S* Caprlcor *****3 J12 t1/09/6:20 11/09/1940 w «»Ur I 90S00 J03 n/09/745 TV09/20^X> Bt Nurdiana ***** J01 11/09/9:15 11/09/17:00 •"«sm ***** J01 11/09/8:50 11/09/2040 Bt Indraft Pu ***** J01 11/09/8:45 11/09/2040 L**®* 160 Hk/08 J13 11/09/945 12/09/940
        757 words
      • 1934 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Boofclnq/Boionco Rstls Ship Voy No Etb/Btr Ptflod From To From AC) FALCON 0051 12/1340 10/1500 n/*M Oct-00 a n/im vmh worn a n/im Mm votoo l mtoo n/ret vmoo 4 IVI200 WW n/1700 ACJ HtttSCUS MM 12/9:00 MN 10/ltM OCTOO
        1,934 words
      • 205 49 Sap 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival. Sepia Hong Kong: The day following Mid-Autumn Festival. Sep 10 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. Oot 3 Germany: The
        205 words
      • 771 49 THIS report, compiled by Cockett Ma fine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        771 words
      • 371 49 CartM ISO Mu 990.7 0.7 15.4 0.06 77 0.05 S*f f DmsHy Watar NiMm Ask AtumMum SodiMMt No tbtm £25 0 0 1 0 0 0 380 Am 907.6 0.5 12.3 0.07 33 0.02 Cum 300 MU 997 J 6.9 17.4 0.17 65 0.07 »»A %M/»
        371 words
    • AIR & LAND transport
      • 185 50 AFP [HONGKONG] Hongkong-based Cathay Pacific Airways said it carried a new monthly record of 1,085,533 passengers in July, surpassing its previous record high of 1,030,456 set in April. The airline said in a statement that the first seven months the airline carried 6.84 million
        AFP  -  185 words
      • 419 50 Their current jet fnel contracts helping to shield them from higher fnel bills Bloomberg AP [BANGKOK] United Parcel Service Inc and FedEx Corp, the world's two largest delivery companies, said they both have no plans to raise freight rates for now
        Bloomberg; AP; FILE PHOTO  -  419 words
      • 188 50 [SYDNEY] Pilots using Sydney's international airport have been warned to be wary of bogus radio transmissions on control tower frequencies, a pilots' union official said last Friday. Airservices Australia issued a Notice to Airmen, urging they report any
        188 words
      • 169 50 Reuters [BANGKOK] The air express industry in South-east Asia is expected to grow by 10 to 20 per cent in 2000 due to a pick-up in economic growth, the US-Asean Business Council said yesterday. Ernest Bower, president of the organisation, told
        Reuters  -  169 words
      • 133 50 [JAKARTA] Sixteen people were killed and dozens were injured in a head-on collision between a passenger train and a freight train in Indonesia's Central Java province, police said yesterday. The collision happened in the village of Ketanggan in Batang district on the northern
        AFP  -  133 words
      • 259 50 German post office operator to annonnce major purchase on Sept 29: report Reuters [FRANKFURT] Deutsche Post AG is poised to announce a major international acquisition, as consolidation in the global freight sector continues. The weekly Bild am Sonntag reported on Sunday the German post
        Reuters  -  259 words
      • 235 50 Bloomberg [ROME] Alitalia SpA said it and Japan Airlines Co extended an agreement to sell seats on each other's flights, as the Italian carrier seeks to bring more passengers on to its most popular routes and reduces less profitable flights. The agreement, which begins on
        Bloomberg  -  235 words
      • 185 50 Reuters [FRANKFURT] Deutsche Lufthansa AG said it expects to decide by next April whether to favour the planned Airbus A3XX or Boeing 747 X superjumbo aircraft for its passenger and cargo operations. The German aviation group was in talks with
        Reuters  -  185 words
      • 83 50 AP [DENVER] An airliner bound from Las Vegas to Chicago made an emergency landing last Saturday after the pilot reported a problem with one of the plane's wings. No injuries were reported. National Airlines Flight 661, a Boeing 757, landed at about 1 pm local time
        AP  -  83 words
      • 1978 50 an FU6MT jMfutw no or» bos uun Z3X Ml MM 1 1 (mi MM 507*3 2335 S026 2350 MMi MM mo 0*7302 2055 MMM MOW WO MOW om mo ofoz mss o«mm mm mo cds ono imzn ux g» tog mm mo H!i£2 "M V0/S074I COO
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  • Page 37 Advertisements
    • 174 37 members... The Driving Force of Singapore Logistics Hub OEGD Karachi express i 1 INTERNATIONAL PTE LTD WELGROW AGENCIES (S) PTE LTD j #04-03 Henderson Industrial Park Singapore *****6. j Worldgate Pte Ltd r ~r r r WJl f Web Site: http://www.ohioexpress.com 180 Cecil Street CffcrfrtAi laaras) E-Mail: sales@ohio.com.sg Mumbai Bangkok
      174 words
    • 15 37 I Shipowners won tbe able I to run from tougher vessel I surveys bPs2 I
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  • Page 38 Advertisements
    • 836 38 I IiIDADT 1 I IMPORT 1 NORTH AMERICA QULF/INDIA SUB-CONTINENT [SUPER SHUTTLE EXPREQ (SSX) [QULF KARACHI EXPRESS (QKX) rasa voy in sm pwanc rasa vor xa mm m m OOQCAUKXNU 47W534 M/M 17/09 19/09 PtO NOUOYD MAIACCA 041 M/M 07/ M M/M 17/ M 00Q WW TOtl 07W535 M/M 24/
      836 words
    • 758 38 Lin®* services represented by Members of the Registry of Members of fhe fej-jSfj] Accredited Shipping Aoenh Singapore Lag.sbcs Singapore Shipping Association Association ULY UNI MALI Ivissa Tvoy [iu Tltt in J P. KLAHG SPORE MALE Princess Lily VO6OO 15/09 17/09 25/09 Empress Lily VOBOO 01/10 03/10 11/10 Princess Lily VO7OO
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    • 1153 39 SAX SERVICE (DIRECT) ttssa VOY SWEtt U» QM DAI I HOU 08 ax MHW Wl KTC AWIWOUOK 036E 06/09 21/09 26/09 26/09 26/09 15/0» 15/01 15/01 16/08 16/01 ahsa«donyx oa 13/09 2»/09 03/10 03/10 03/10 03/10 oa/io 03/10 os/io 05/10 tfIIOJRMMM 0371 20/09 05/10 10/10 10/10 10/10 10/10 10/10 10/10
      1,153 words
    • 1682 39 @HANJIN SHIPPING iik PI 4 Ik My* la* -S*s *****30 HANJW SNIPPING PTI LTD I*: //wm U*» com IOOUNG *****3S 737 SAIES *****74 731 DOCUMENT *****71 274 OWAIWIS ********** MAIM UK *****55 Ml: 53*1145 dW II *****0000N TO NW USA CANADA USA CANADA* "wvuTvor lUi I umhau/voy stTI nw lon
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    • 253 39 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220-8558 iflMlt' jJ.ii,|, tkUaUa ftAm Bki mt '"rr®"! SHp«<«fA|nrin Pit Ltd. M- *****50 «-»(W) *41-*****7t7(f.i) MJ7I7J7SIJ NOCbNimM hrlMflH/lMfllS Nwto IwJlm ttlpph| 4fxt»» tW gar-ssu: BBtQ WF.F.KI.Y CONTAINERISED SERVICE TO SOUTH AFRICA/ARQENTIHA/BRAZIL/URUQUAY vtssa/voT m n si m
      253 words

  • Page 40 Advertisements
    • 1445 40 SENATOR LINES TO UK/CONTINENT TOMEDITERRANEANCANADA wrc UM HTM WW mm lihv |m I vtna Ivot Im I 6tr spe fos vie mtT" TCW an MM BM mi Mil 06 10 CHOYANG SUCCESS OM4W 17 M Mil 1711 Hit IB IB ""THf mmi 1S W MIS LOMOOW SENATOR OMSW TIN Mil
      1,445 words
    • 990 40 WIAM MAC-NELS S'PORE MSIA Canter MM COHTR LINES, MC p.ouoMa mMnn* I~IV J CWOOO.IJOOOIOUPUOO SX*J: (084)*****9 MAMLA: (632)*****24 PEHANG: (04) *****36 8ANGK0K:(982)*****87 SURABAYA: (91)*****11 P. KELANG: (03) *****77 JKT (21) *****46 KUQ9NQ (082) *****1-3 PASIR 6UPANG HAIPHONG MV "QING SHAN" V.0019 MV "VAN XUAN" V.E5210 ETA SIN: 20-9-2000 ETA SIN:
      990 words
    • 734 40 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS MULUNO MUMAAICOLOOMO ALSO ACCEPTING TO AU. NORTHERN ANO WESTERN 1.C.0. TOWTS VMM) S PORE N SHEVA COLOMBO PKLAN6 CAPE CREUS ¥112*1 17 SEP 26 SEP M SEP N OCT CAPE CANAVERAL V 12«W 24 SEP (3 OCT 17 OCT 13 OCT TULSIOAS Vl3l
      734 words

  • Page 41 Advertisements
    • 1712 41 [QVfSSa. VOV HKO KHH I SIN PKI DXR lAI DMM UK IRAN TABATABAEI PCL-171 08/09 10/09 15/09 15/09 23/09 24/09 26?09 28/09 IRAN KERMAN PCL 172 16/09 14/09 20/09 21/09 21/09 29/09 01/10 03/10 IRAN ISFAHAN PCL-173 20/09 19/09 23/09 24/09 01/10 02/10 04/10 06/10 IRAN RAAKERI PCL-174 27/09 26/09
      1,712 words
    • 1086 41 1 XUUUN ""KMT I «rar sww»t J L-TM MiWKOtl»tP IB: 2M 1900 FAX: 226M0t Q^U^^^^'^OsS^^OHoitOfHg!'^™""^^*'"' 1 COSTAR SHIPPING PTE LTD #12-00 SAUS/IKGS *****57/43 INWAXO DIPT (0/0) ***** M COSTAR AGENCIES (M) SDN BHD ICI WO: 117>*****000 SINGAPORE *****8 CONVENTIONAI T/SHPMT DEPT *****25 TEL 02-07-35 Ml JwL: 02******170 *stw [~sw Hie
      1,086 words
    • 1088 41 EUROPE EXPRESS SERVICE EXPORT IMPORT YISSa 4. VOT HA l£M ITW AMI HAM BtV "f U VISHI ~VQT ItTM "ioi FU LiH SW KSBr cw,> sis? s?!o' wSSm I?l% l I /S i\/S w™ CUOONCyN 0) SW 26/09 13J0 15; 10" 16/10' 17/10' 14/10' 19/10 HJ HfUSHIS 0011 07/09 09/09
      1,088 words

  • Page 42 Advertisements
    • 1188 42 ARABIAN PERSIAN GUU/MMAN SUB COMMENT SBtVKI BXPORT vtssa voyage sgp cmi dm ma aiu omn mm km nxv XING HE OI7W 15/W- 76/09 77/W 79/09 UNIARDENT *****73N 18/W 72/W 27/09 28/W 29/W UNACTM 0147-027W If/Of 28/W- 29/W 02/10 XIANG HE OIMNV 22/W 03/10 07/10U»l AMPIi *****31# 25/W 79/W 04/10- 05/10
      1,188 words
    • 693 42 ArM ADVANCE CONTAINER LINES (PTE) LTD AL«L- TEL: *****21. FAX *****19. TELEX :RS ***** ACLPt. CR NO 16&3MMWVW FOt BOOKINGS PlfASi CALL: *****22 SAIfS A MARKETING *****21-21 |||lMnr| JAKARTA (7 VESSa VOT SIN MCK VW VOY SM JKT MftttiJMl 153N Ji/9 Wad 17/9 Sun SINAR &AIAM (UTC 11 ~063 13/9
      693 words
    • 366 42 50 TaOK BLANGAH ROM) *82-02 OTPORT CENTRE STORE MCI TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W KSS& VOY ETA FID OESINKTKM KAGURf uwo Mjmnm 12mam pmbmmc4>ontmm( MABUKWA *****0 13/OKOH 14M2000 «L OMAN For enqaines and bookings please contact: SEASPACE SHIPPING (S) PTE LTD 133 New
      366 words

  • Page 43 Advertisements
    • 477 43 BSfl it. Wm MYANMA pBBk FIVE STAR LINE (Myannar National Lint) Loading lor Yangon VESSEL VOI SHI PKL KM PGU smwi MN sit BONG U 35W 15/09 BALAYSU AG!NTS: KHISTEAO SHIPPWG AGENCIES KUt HI 03-*****00 MIL; HI 03-*****101 POt m 04-*****02 PGU; TEI 07-*****21/4 BANK LINE (A service of Andrew
      477 words
    • 1326 43 HYUNDAI MERCHANT MARINE CO., LTD. IVBSB VOT Si SOU I IB! I HTM I ANT I HA* ITV VKSfI VOT SOU LB4 RTB I ANT HAM IKV r~ API ALMANDME 317W 14/09 02/10 07/10 04/10 05/10 MAS S3* 25/00 24/0* 20/01 "n/oT 13/04 m« S39W 15/09 04/10 07/10 01/10 03/10
      1,326 words
    • 717 43 v\ftv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SERVICE" VOT RAMP HEIGHT iIN IDC MAO MIA SAV BAL ORF NYC NEW MO4 T°* A 400Tms 6.3 M WOT 09/10 17/10 20/10 21/10 24/10 25/10 27/10 31/l0 OS/FT" TARONGA AHOI9 400TMS 6.3* 24/09 25/10 02/11 05/11 07/11 09/11
      717 words

  • Page 44 Advertisements
    • 612 44 BANGKOK/MAP TA PHUT/UIM CmiANO J AKAUTA/PANJ AUG aaa vor a I M I Hff LCH vissa vor sw 1 jkt rm MUmm 513W 11/09 17/09 I*/09 AiAIHUM TTK 13/09 15/09 ~7/09 «UTHU MUM" jHL It/09 BfflfS— $5 ANAJI (HUM'' IIIM 11/ M 17 no nun fQWIfi SiQffT 'mIl WMI UM
      612 words
    • 291 44 INDONESIA NATIONAL LINE TO AUSTRALIA 1 RJLL COfTOMNER SERVICE W WT tm M STB MR IM Ml HE USUGAI 3» 11/WI2/M 11/0* 74/0*74/0* 7*/0* rattMSMM "ST OMT l«/M 7VR mTI* «nwo>T m b/w n/o* «/i* m/io ii/iS MBMULO as H/UM/10 U/H 15/14 17/14 jj/M FEEDER SERVICE TO INDONESIA wi m
      291 words
    • 316 44 TASM AN ORIENT NEW ZEALAND FIJI NOUMEA breakbulk comtajners 14 DAY s frequency TASMAN CAMPAIGNER WELLINGTON ON DIRECT CALL TRANSIT 23 DAYS Agents. SINGAPORE MALAYSIA S? £15S mKmM W LTD BEMDERA SHIPPING AGENCY SON BHD TEL. Z25 3522 ICL JOHOP pry FAX 224 0163 TEL: (03) (07)*****88 (04)*****88 *****20 (07)
      316 words



  • Page 47 Advertisements
    • 57 47 L Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to p 8 3 Mon/Wed/Fri Pg 6 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCULCL K1 T c New Europe To Services To ftuilv>p%l L. EAST MALAYSIA c ac^A PORTS 9.t. AbIA
      57 words


  • Page 49 Miscellaneous
    • 128 49 sor»^^PI!ll sslllllßilli^tefe^^ i LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers V^\ Rain Temperature C.~y wind direction and speed in knots Cloudy Day Wea,her CX Hazy Winid speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds L___J SNfl l <1 2m
      128 words