The Business Times, 26 October 2000

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Microfilm: NL21969
Total Pages: 38
1 38 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85C SINGAPORE Internet: Hitp://business-times.asial .com.sg/ THURSDAY, OCTOBER 26, 2000
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  • Article
    Lock icon SUMMARY
    73 1 □m (+6.59) BT-SRI 1775J0 (+4.72) ST INDEX FUTTJBES MBlOO (+16.00) tasaßamtmEs U 250*90 (+4.10) STOCK MARKET INDICES Wednesday Change KLSE COMP ***** +9.73 NIKKEI 225 *****.47 387.72 RANG SENG 15,061.14 ***** SET INDEX 271.18 4X JAKARTA COMP—doaed MANILA COMP _U»4I7 +11.96 TAIPEI WP1 6,023.78—+105.15 SEOUL COMP ***** 2.72 CLSA
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  • Article
    Lock icon FINANCE
    74 1 FOREX BATES uss ss USS 1.762 £(US$/SS per 1.444 1529 EUROfUS$/S$/E) 0.896 1.466 DM 1M<) 1336 YEN 108.0 61.70 RM J .800 1169 HKS 7.800 4.462 BAHT 43.68 24.93 RLiPlAH 8,965 5,117 FUME BATES SINGAPORE* 5.80 Kl.ALA LTMPl'R 7.67 JAKARTA JM0 BANGKOK A50 MANILA 11.00 HONGKONG 8.50 TAIPEI 1
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  • Article
    Lock icon Another $7b boost for science and technology
    575 1  -  Money to go towards promoting R&D and manpower development By Eugene Low [SINGAPORE] Science and technology will get a $7 billion boost over the next five years under the government's latest strategic plan to develop the sector. Unveiling the five-year plan yesterday. Trade
    575 words
  • Article, Illustration
    Lock icon Li Ka-shing disputes EU report he wields too much power
    838 1  -  Non-binding report is closely read by EU policymakers From Quak Hiang Whai in Hongkong HONGKONG billionaire Li Ka-shing has rejected a report by the European Parliament which voices concern about the power and influence he wields. A spokesperson from Cheung
    838 words
  • Article
    Lock icon MAS won't tolerate cartel-like broking fees
    418 1  -  It warns of appropriate action to foster competition By Ling Su Ann [SINGAPORE] The Monetary Authority of Singapore warned last night that any cartelstyle move to fix brokerage rates will be dealt with firmly. It said in a statement: "If the MAS or SGX
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  • Article, Illustration
    Lock icon Cruise in style -in a million-$ Merc
    541 1  -  Christopher Tan [SINGAPORE) Mercedes-Benz is set to be the first to tempt the ultra-rich with a new-generation, super luxury limo in the new millennium. If you have a million bucks or more to burn, read on. Called the Mercedes Maybach, the all-new car
    541 words
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      86 1 nrsmE Top Stories ■Creative Q1 up 63%. CEO Sim Wong Hoo pleased, but analysts not impressed. Pg4 DBS Bank will next develop hubs in Japan, Australia after expanding in S'pore and HK. Pg 7 Hutchison clinches 3G licence in Italy for HKsls.6b. Pg 11 Protesters at G-20 finance ministers meeting;
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      10 1 Commentary: Science masterplan the soft part is harder, Next Page
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      37 1 Gloria Arroyo urges Estrada j to resign ay Next Page ■m Enggor Street tender 0 s •>' L J? 4 exp£ci~*'<ons> a Pg 8 B V LG A R I ih i: i<i i i in" ii ■i
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  • NEXT page
    • Article, Illustration
      Lock icon Capital market moves help yield record profits
      674 2  -  Treasury industry's pre-tax (sain hits $4.3b, revenue also at a peak of $5.4b By Siow Li Sen [SINGAPORE] New initiatives to develop Singapore's capital market is bearing fruit. Singapore's treasury industry in 1999 posted new records both in terms of profits and revenues,
      Source: Foreign Exchange Market Commitee  -  674 words
    • Article, Illustration
      Lock icon Arroyo's call for Estrada to quit deepens peso crisis
      707 2  -  Currency plnnges to historic low of 49.80 against US dollar From Al Labita in Manila RISING political tensions pummelled the Philippine peso yesterday, dragging it down to a new low after VicePresident Gloria Arroyo joined the mounting calls for President Joseph
      AFP  -  707 words
    • ON THE grapevine
      • Article
        Lock icon Legal battles
        177 2 ONCE again it was the Young Turks who were fighting it out at the Law Society's council elections held yesterday. While apathy appears to have crept into the senior category (for lawyers with more than 12 years of practice) with only one nomination for three seats, the junior
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      • Article
        Lock icon Does competition help?
        114 2 COMPETITION, although it "may appear like a frightening spectre robbing local enterprises of their eminence and market share, helps to enhance the performance of lacklustre Firms and sharpen the cutting edge of good ones", noted Satpal Khattar, chairman of Khattar Wong and Partners. He made the point
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    • Article
      Lock icon FX Alliance to beat Atriax on start date
      159 2 Reuters [NEW YORK] Foreign exchange trading service FX Alliance said on Tuesday it will launch its online trading platform in the first quarter of next year, beating its major competitor Atriax to the punch. "We're still on track to deliver research and
      Reuters  -  159 words
    • Article, Illustration
      Lock icon Science masterpkm: The soft part is harder
      752 2  -  arrrrrrn TECHNOLOGY kenneth james ALBERT Yu, Intel Corp's senior vice-president and top scientist, would probably give high marks to Singapore's new Science Technology 2005 masterplan (S&T 2005). Two years ago, Dr Yu came out with a little gem of a book called Creating
      752 words
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      119 3 I .^'-^^SMbH^Bßl^^^ v '•4 *H L* ,1 ran Wkd f BB IB l IV 9 BC!3 Hi U I s KL 1 AJL. K^—im PPP^^ af&S0(S&£&( II k. h 1 look after it for the ne*t generation. sculpture ref 4 8 9 i/iA by Patek Philippe In exclusivity at <J)
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Creative slides but Sim happy with Q1 results
      772 4  -  Profit jumps 63%; turnover up 13% on strong sales of sonnd card, PDE products By David Boey SHARES of Creative Technology, the world's foremost sound card maker, topped the losers' list on the Singapore market yesterday after punters were unnerved by news
      CHRIS LOH  -  772 words
    • Article
      Lock icon Creative sees bright future in PDEs
      732 4  -  HOCK !.f J m MUI david boey CREATIVE Technologies' much-celebrated range of Sound Blaster products, which bring sound to countless personal computers around the globe, took a back seat yesterday at the group's results briefing for the first quarter of its fiscal year 2001.
      732 words
    • Article, Illustration
      Lock icon Hubs next in Japan and Australia for DBS
      580 7  -  These are two major markets that cannot be ignored, says senior MD Philippe Paillart From Quak Hiang Whai in Hongkong WITH an eye on creating a major consumer banking powerhouse in Asia, DBS Bank will next develop hubs in Japan and Australia
      580 words
    • Article
      Lock icon Marco Polo's back looking for anew hotel
      442 7  -  Fromi Audrey Tan in Hongkong THE Marco Polo Hotel Group, which shut the door on its landmark Singapore hotel last year, is back in the market to buy or build a hotel in the Republic. Jeffrey Flowers, senior vice-president of marketing and development,
      442 words
    • Article, Illustration
      Lock icon Informatics' H1 net profit jumps 22% to $7.7m
      395 7  -  Group turnover np 10% to $87 Jm, 59% from outside S'pore By Tang Weng Fai IT training group Informatics Holdings yesterday reported a 22 per cent jump in interim net profit to $7.7 million. Group turnover rose 10 per cent to $87.1
      SIEW YAW HOONG  -  395 words
    • Article
      Lock icon i-One in infrastructure deal with Dalian
      328 7  -  From Quak Hiang Whai in Hongkong SIN G APORE-LISTED i-One.Net yesterday signed an agreement with the Dalian city government to provide Internet infrastructure-relat-ed business in the Chinese city. i-One.Net's associate, i-One.Net (Beijing) Co Ltd, signed a joint venture deal with Sino V Technology Development,
      328 words
    • Article, Illustration
      Lock icon Steady half-time profit seen for SIA despite acquisitions
      451 7 $lllm exceptional gain last year swells comparison base Reuters NATIONAL carrier Singapore Airlines is expected to announce steady half-year profit tomorrow, despite a rise in passenger traffic and contributions from recent airline acquisitions. Last year's interim net profit had been boosted by
      Reuters; FILE PHOTO  -  451 words
    • Article
      Lock icon Bharti plans mobile tie-ups with SingTel
      285 7  -  By' Teh Hooi Ling INDIA'S privately owned telecoms group Bharti Enterprises plans to bid for mobile phone licences in India with Singapore Telecoms, said a Bloomberg report. The Indian government is expected to invite bids in November. In response to the report, SingTel's spokesman
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    • Article
      Lock icon Somerset Hldgs' minorities approve merger with Ascott
      493 7  -  Shareholders fret and fume over exchange ratio By Andrea Tan THE merger between Somerset Holdings and the Ascott has cleared the last hurdle with Somerset's minority shareholders giving their approval yesterday. But those hoping for the peace and quiet at the Ascott's EGM
      493 words
    • Article
      Lock icon SingTel to spend $50m on Meg@pop
      272 7  -  By Andrew Wee SINGAPORE Telecom will spend $50 million over the next five years building a high-speed nationwide data communications network. The new platform Meg@pop will be launched next Wednesday, providing IP (Internet protocol) data services for businesses, Internet service providers and content providers.
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      133 5 \y.vw^k. f t hi lMiil n in i 111 11i1 fWhi»ilB aaggr mi jaJfcum-,i, aMRi r 1' 11' |L MS*" 7 mk* #U fUth j 1 ffilHb'4 Mb* fife. H A- ife 1W I ®K*b*^ E^££2^^^9H£a^^Hfc I i n 'IHiMMifejglLJSf^3*fl B w lIIH MDViQR^H w JQ v V -'•■X- >V.
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Hai Sun Hup wrt: decent numbers backed by liquidity
      196 6  -  WARRANT WATCH Bi R Sivanithy A QUICK look through the penny segment reveals that the devastation wrought by the plunges on Nasdaq has been widespread. We now have warrants with several years left which trade for under 10 cents (as is
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    • Article, Illustration
      Lock icon Players switch out of tech stocks in patchy market
      579 6  -  STOCKS r.sivanithy IN keeping with how things turned out on Wall Street overnight, the few players who were in the local market yesterday switched out of tech stocks into banks and properties a continuation of a pattern that started about two
      579 words
    • Article, Illustration
      Lock icon Bearish outlook for Eastern Asia
      245 6  -  HOT STOCK By Ven Sreenivasan SHARES of audio and consumer electronics manufacturer Eastern Asia have collapsed in the past week. They fell 5.5 cents to 85.5 cents yesterday on heavy volume of 13.7 million. The technical charts look extremely bearish. Although the stock is in
      245 words
    • Article
      Lock icon Untitled
      480 6 Stock* Volume Nat E)ec 10c 26,475,000 Briertey NZ10c 24,851,000 NatSteeiSOc 23,609,000 Eastern Asia 13,673,000 PadficCenturylOc 11,647,000 SingTel 15c 9.703.000 Leong Hin 20c 5,306.000 NOL 4.896.000 ST Engg 10c 4,200,000 GES tnt) Ltd 20c 3,992.000 Stocks NatEleclOc 104,981,000 NatSteei 50c 51,233,420 DBSGrp 34,417,902 SingTel 15c 27,734.731 Chart Semiconductor 26c 25,300,108 UOB
      480 words
    • Article
      Lock icon Market Notices
      141 6 ♦LC Development will hold its AGM on Nov 22, at 10.30 am, 1 Selegie Road, #03-01 Paradiz Centre. ♦CHUAN Hup Holdings will go ex-dividend (final dividend of 0.6 cent tax exempt and bonus dividend of 0.8 cent tax exempt) cm Nov 17; Last day for buying-in on a
      141 words
    • Article, Illustration
      Lock icon Currencies punished as euro hits new low against US$
      338 6  -  JBJbJLHHUHllMdUyi CURRENCIES larry wee THE US dollar again ruled supreme as the euro crashed to another new low of 83 US cents towards the Asian close yesterday dragging currencies lower across the board. A growing consensus that there will be no
      Source: Reuters  -  338 words
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      306 6 Powerful Stock Investing Tool ft People just Uke you Mm+C. Ml out of investing. You'll see I are becoming millionaires 1 H how simple it is, even for a everyday, through online investor to get into investmg. What do they a stock near the bottom and know that you don't?
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      46 6 Grow Your CPF With eiBht Important All applications rot units in eight must ix- mack on tfio application foims accompanying tne piospectus Investois must lead the prospectus The valut. of the units and Hit.- income nom tfiem may fall as well as use S3l H '.SKA?
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Enggor Street housing site draws weak bids
      762 8  -  Malaysian 101 group's $252 psf ppr bid way below expectations By Marissa Chew THE closely followed tender for the large Enggor Street housing site closed yesterday with a whimper as the top bid came in 30 to 40 per cent below market expectations.
      Source: URA  -  762 words
    • Article, Illustration
      Lock icon 7% growth for S'pore next year: ABN-Amro
      681 8  -  Dutch bank also sees firmer S$ keeping lid on imported inflation By Chuang Peck Ming THE world economy may be headed for a soft landing, but it will still be sunny days in Singapore. The Singapore economy will bask in strong growth of
      SIEW YAW HOONG  -  681 words
    • Article
      Lock icon SingTech-Vertex HR venture sees $10m revenue in first year
      195 8  -  By Vivien Ng EMBRACE, a human resource company with the backing of Singapore Technologies and venture capitalist group Vertex Management, aims to expand in Asia over the next few months. Launched yesterday, the company expects revenue of around $10 million in
      195 words
    • Article
      Lock icon Correction
      42 8 In Monday's report of a round-table discussion held in conjunction with the eAwards, we misquoted Barney Lau of Cisco Systems as saying that an El connection costs $50,000 in Singapore. It in fact costs $15,000. We are sorry for the error.
      42 words
    • Article
      Lock icon Financing for old properties vital
      234 8  -  MAILITEffI Thomas Tan Singapore via Internet I REFER to the article "Banks reviewing loan practice for old leasehold properties" (BT, Oct 24). I think your newspaper has touched on a subject close to many people's hearts. Most of us who live in leasehold property would
      234 words
    • Article
      Lock icon Auction move will impact 3G take-up rate, says StarHub
      573 8  -  Higher start-up costs will mean slower initial price reductions By Teh Hooi Ling THE take-up rate of third generation (3G) mobile phone services in Singapore may lag behind that of Japan because of the government's decision to auction the 3G licences,
      573 words
    • Article
      Lock icon TRW Systems set to top sales target
      219 8  -  By Tang Weng Fai IT support company TRW Systems Overseas is set to exceed its US$5 million (SSB.B million) Asia Pacific revenue target this year by more than three times, raking in an expected US$l6 million. And the company, a unit of US-based
      219 words
    • Article
      Lock icon Club Med to set up leisure and entertainment centre in S'pore
      439 8  -  By Vivien Ng AS part of its 50th birthday celebrations, holiday resort specialist Club Med is setting up an urban entertainment and leisure club in the heart of Singapore, the first of its kind for the company in the
      439 words
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  • e-NEWS
    • Article, Illustration
      Lock icon Amazon's US$89.5m Q3 loss much less than expected
      546 9 SEATTLE LATWP INTERNET commerce bellwether Amazon.com reported better-than-expected results on Tuesday, a solid dose of good news for a company that has enjoyed little this year. Its third-quarter loss, excluding merger costs and other one-time expenses, was US$B9.5 million (*****.8 million), or
      LATWP; FILE PHOTO  -  546 words
    • eßriefs
      • Article
        Lock icon HP boys Net software maker Bluestone
        72 9 Reuters [PALO ALTO, California] Hewlett-Packard Co is buying the Internet software maker Bluestone Software Inc in a deal designed to enhance its vaunted e-services strategy. Bluestone makes a software that provides a critical link in its own vision of enabling businesses to communicate with
        Reuters  -  72 words
      • Article
        Lock icon Fujitsu H1 earnings Jump seven-fold
        98 9 Reuters [TOKYO] Fujitsu Ltd, Japan's largest computer maker, reported yesterday its net profit for the past half-year surged by more than seven-fold due to strong demand for its electronic devices, mainly chips. Net profit for the six months to September totalled 172 billion yen (*****
        Reuters  -  98 words
      • Article
        Lock icon Hitachi buys US e-business consultancy
        91 9 AFP [TOKYO] Hitachi Ltd said yesterday it was buying the e-business consultancy of US group Grant Thornton LLP for US$l75 million (Ss3o7 million) as part of a diversification away from electronic hardware. Hitachi would consider floating the e-Business Consulting Group on the stock market as
        AFP  -  91 words
      • Article
        Lock icon AT&T frays less from Lucent
        89 9 Bloomberg [NEW YORK] AT&T Corp spent at least US$l billion (Ssl.7 billion) less buying equipment from Lucent Technologies Inc during the past year as it went to rivals for more advanced gear, analysts said. The biggest maker of phone equipment said on a conference call
        Bloomberg  -  89 words
      • Article
        Lock icon 3Com buys wireless networking firm
        70 9 Reuters [SANTA CLARA] Computer networking equipment maker 3Com Corp announced on Tuesday it acquired Nomadic Technologies Inc, a developer erf wireless networking products, for US$33 million (SssB million) plus assumption of debt and other obligations. 3Com said the deal will strengthen its wireless portfolio, allowing
        Reuters  -  70 words
    • Article
      Lock icon Compaq tops forecast with US$550m profit
      234 9 NEW YORK NYT COMPAQ Computer reported earnings and sales that beat Wall Street's expectations, bolstering arguments that the company is rebounding from problems that had hurt its performance the last two years. Compaq said on Tuesday it netted US$55O million (***** million), or 31
      NYT  -  234 words
    • Article, Illustration
      Lock icon Lotus creator launches online collaboration tool
      304 9 Reuters [NEW YORK] The creator of Lotus Notes, the software that changed the way office workers communicate with one another, unveiled on Tuesday a much-awaited software program that may do for online collaboration what Napster did for music sharing. Ray Ozzie, the legendary software
      Reuters; AP  -  304 words
    • Article
      Lock icon CyberWorks to cut back NOW
      572 9 HONGKONG Net system's costs will be cat; firm may regroup business around telecom Bloomberg PACIFIC Century CyberWorks will cut spending on interactive Internet entertainment after an 80 per cent slide in its stock cut off its main channel of funds. CyberWorks chief financial officer David
      Bloomberg  -  572 words
    • Article
      Lock icon Hikari Tsushin profit dives 40%
      447 9 TOKYO Group takes one-time restructuring charge to shut unprofitable outlets Bloomberg HIKARI Tsushin Inc's parent-level annual profit fell 40 per cent as the cellular phone seller suffered a one-time restructuring charge to close down more than half of its sales outlets as they were unprofitable.
      Bloomberg  -  447 words
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      30 9 what to cat > Irlil > bay > watch > haar > plu« lata ivifeekendß thurHtay-sunday octoMr 26-29 2000 mn^ nmnn^ ■<?' freak out this weekend! hauntu guide > Halloween parties > the grinch > tales from the crypt
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  • REGIONAL news
    • Article, Illustration
      Lock icon Baht rises on report of intervention
      574 10 It gains as much as 1.3% to 43.4150 per US$, even as Chnan denies BOT intervened Bloomberg, Reuters, AP [BANGKOK] The Thai baht, the second-worst performing currency in the Pacific Rim this month, rose for the first time in four days after a report
      Bloomberg,; Reuters,; AP  -  574 words
    • Article, Illustration
      Lock icon Halim to pay for 21.5% Renong stake in cash
      385 10  -  But he keeps mom on how RMB74m will be raised From Diana Oon Abdullah in Kuala Lumpur TYCOON Halim Saad yesterday said he would pay cash for the 21.56 per cent in Renong, which he is buying from Time Engineering, but
      385 words
    • Article
      Lock icon Quake in Indonesia, S'pore feels tremors
      215 10 Bat there are no repots «f damage or casualties in either country AP [SINGAPORE] People in high-rise buildings in Singapore felt tremors yesterday after a strong earthquake shook Indonesia's West Java province, but no injuries or damage were reported in the city-state. Mah Kheong
      AP  -  215 words
    • Article
      Lock icon Thai Air allows 30% foreign ownership
      233 10 ■BANGKOK Move clears path for share sale to strategic partner Bloomberg THAI Airways International Pel shareholders approved raising the national carrier's foreign ownership limit to 30 per cent from 10 per cent, clearing the way for a long-de-layed share sale to a strategic partner.
      Bloomberg  -  233 words
    • Article, Illustration
      Lock icon Hutchison clinches 3G licence in Italy for HK$15.6b: reports
      520 11  -  It is said to be in talks with new partners to bid for French licence From Quak Hiang Whai in Hongkong LI Ka-shing's Hutchison Whampoa Ltd continues to score successes in Europe's emerging third generation (3G) mobile phone market, with the
      AFP  -  520 words
    • Article
      Lock icon Bulogate key suspect clears Gus Dur of involvement
      244 11 JAKARTA AP THE key suspect in a multi-million dollar financial scandal has denied allegations that Indonesian President Abdurrahman Wahid, also known as Gus Dur, was involved in the affair, media reports said yesterday. Ajip Agung Suwondo said on Tuesday he had never
      AP  -  244 words
    • Article
      Lock icon Terrorist threat prompts US to shut embassy in Jakarta
      286 11 WASHINGTON Bloomberg US officials have shut down public services at the American embassy in Jakarta for the rest of the week because of a threat of a terrorist attack, the US State Department said on Tuesday. The shutdown, which affects mainly
      Bloomberg  -  286 words
    • Article, Illustration
      Lock icon WTO to jump-start China membership talks next week
      558 11  -  Members to start multilateral protocol work; Bering to hold bilateral meetings From D Ravi Kanth in Geneva THE World Trade Organization (WTO) is going to jumpstart China's membership talks next week, after some powerful trade majors and Beijing fought bitterly last month
      AP  -  558 words
    • Article
      Lock icon New World posts lowest profit in 21 years
      651 11 HONGKONG HKs2lsm gains a sharp drop from HKsl.3b a year earlier FOUR months after New World Development Co vowed to slash debt and exit unprofitable telephone businesses, its stock has lost about a third of its value and it posted its lowest
      651 words
    • Article
      Lock icon China plans bourse reforms as it gears up for WTO entry
      248 11 BEIJING Reuters CHINA is planning a number of stock market reforms as it prepares to join the World Trade Organization, including allowing foreign firms to list domestic currency 'A' shares, the China Daily said yesterday. "The listing in China
      Reuters  -  248 words
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      549 10 Bringing you the taam issues that matter! fig, I n9 M Srn < 9W look at the attempt Bardot MB at electronic SallyPblihronas, Belinda Chappel, Tiffany Wood, Katie Underwood and Sophie Monk monia-noro I om r —~-rnir nere din These girls may not be household names expressing my here, but
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      14 10 FOOD ENTERTAINMENT The Straits Times Classified. Classifications 5 36. [cxrkj Buy IL salt Findk.
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  • CAMPAIGN 2000
    • Article, Illustration
      Lock icon Cheney made money on 8 IPOs
      622 12 Trades, reported on 1999 income tax return, described by experts as 'unusual' NYT [NEW YORK] IN the summer of 1999, Dick Cheney, who is now the Republican vice-presidential nominee, repeatedly received the closest thing to a guaranteed profit that the stock market has known:
      NYT; FILE PHOTO  -  622 words
    • Article, Illustration
      Lock icon Will Bush win the votes and still lose the election?
      596 12 WASHINGTON LAT-WP SUPPOSE they held a presidential election and the guy with the most votes didn't win. Could it happen to George W Bush two weeks from today? Every four years brings speculation about a nightmare political scenario the Constitution
      LAT-WP  -  596 words
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      120 12 I ~k L 'IIS? mb r ~i ffifelKjj SwSil u MiTAC Slim Notebook <1 CD 3 Light weight is on eveyone's wish list for a notebook computer. Too often though, to get one that's easy to carry, you have to give up features-like speedy performance and good battery life--*hat would
      120 words
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  • WORLD news
    • Article, Illustration
      Lock icon Sogo to shut 9 stores, cut staff, seek creditors' forgiveness
      451 13 It collapsed in mid-July with group liabilities of 1-87 trillion yen Bloomberg [TOKYO] Sogo Co, a failed Japanese department store operator, will shut almost half of its stores, cut about a third of its workers and ask creditors to forgive
      Bloomberg; REUTERS FILE PHOTO  -  451 words
    • Article
      Lock icon Strong euro forces Matsushita to cut 1,400 jobs in UK
      386 13 TOKYO It's transferring production to Czech Republic AFP, Reuters MATSUSHITA Electric Industrial Co Ltd plans to cut up to 1,400 jobs in Britain in the latest blow to the UK government's stand on the euro. "Along with other Japanese companies
      AFP,; Reuters  -  386 words
    • Article
      Lock icon Germany to sell up to a third of post office
      323 13 FRANKFURT Deutsche Post's privatisation could raise 9b euros Reuters GERMANY on Tuesday detailed plans to sell up to a third of its post office next month in one of the largest European stock market flotations this year which could raise
      Reuters  -  323 words
    • Article, Illustration
      Lock icon Summers hints at G-20 talks on currency issues
      532 14 I WASHINGTON Need to strengthen fragile markets tops agenda; informal talks on oil likely AFP Reuters US Treasury Secretary Lawrence Summers on Tuesday hinted that currency alignments could be discussed informally at a meeting scheduled to start in Montreal later yesterday of
      AFP; Reuters; REUTERS  -  532 words
    • Article
      Lock icon AT&T restructuring plan to create four separate companies
      470 14 NEW YORK It will allow each anit to focus on its market niche, says company Reuters AT&T Corp yesterday said it would restructure into a famtty of four companies that will be separately traded and pay reduced dividends in an effort to
      Reuters  -  470 words
    • Article
      Lock icon Clinton to visit North Korea next month: report
      274 14 SEOUL Oana-Kyodo, AFP US President Bill Clinton will make a two-day visit to North Korea from Nov 12, South Korea's Yonhap Television News reported yesterday. Quoting an unidentified South Korean government official, the report said the agreement on Mr Clinton's historic visit
      Oana-Kyodo,; AFP  -  274 words
    • Article, Illustration
      Lock icon A silent reminder at the library
      78 14 [VIENNA] Austria'sfirst monument to Jews killed by the Nazis was unveiled in Vienna yesterday as a testimony to the almost complete eradication of the country's Jewish community during World War Two. The "Nameless Library the brainchild of veteran Nazi hunter Simon Wiesenthal and constructed
      AFP  -  78 words
    • Article
      Lock icon ECB under fire over too high' bonuses
      473 14 FRANKFURT Critical report seen as another blow to Dnisenberg FT THE European Central Bank, which has been heavily criticised for its handling of the euro, is under fire from European Members of Parliament for the bonuses it paid its staff before the currency's
      FT  -  473 words
    • Article
      Lock icon Xerox to sell some of its operations
      406 14 NEW YORK NYT XEROX Corp, which lost money in most of its businesses this quarter, said on Tuesday that it would sell pieces of most of its operations from inkjet printers to its Finance businesses to its share of Fuji Xerox. It is
      NYT  -  406 words
    • Article
      Lock icon WTO slams US for curbs on lamb imports from Australia and NZ
      230 14  -  From D Ravi Kanth in Geneva THE World Trade Organization has criticised the Clinton administration for slapping curbs on lamb imports worth over US$lOO million (Ssl7s million) from New Zealand and Australia last year. The WTO said the
      230 words
    • WORLDWatch
      • Article
        Lock icon Barings' name set to disappear
        65 14 FT (AMSTERDAM] Barings, the oldest name in London mprrhant hanking, is set to disappear in a rebranding exercise. ING, its Dutch owner, intends to phase out the local identities of subsidiaries worldwide in favour of the group marque. The switch will come as a final
        FT  -  65 words
      • Article
        Lock icon Aiwa president to quit over losses
        110 14 Bloomberg [TOKYO] Aiwa Co, a Japanese audio maker, said president Yoshio Ishigaki will resign to take the blame for the company's second consecutive annual loss. Chairman Kozo Ohsone, 66, will act as president after Mr Ishigaki steps down at the end of this month.
        Bloomberg  -  110 words
      • Article
        Lock icon Aussie Inflation rate at 10 year high
        89 14 AFP [SYDNEY] Australia's inflation rate, fuelled by the introduction of a goods and services tax, soared to a 10-year high in the 12 months to September, figures showed yesterday. The Australian Bureau of Statistics said consumer prices rose 3.7 pa* cent in the
        AFP  -  89 words
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      116 13 I L .'I 1 '-^MBBib! jj IMI f I a mytv^i w j\ r^jf _j ■r yK> ii'vXvmA /\*t~ i a II PB i want to browse, stroll around, find something i really like, i can take my time because my i-account lets me bank wherever, whenever. it's a chequeing
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  • FINANCE & commodities
    • Article
      Lock icon STI October contract ends higher
      279 15  -  SOX Derivatives TraiUngßeport OT lnde*/MS& SPpore Index Lau Chee Keong Refco Singapore SINGAPORE stocks extended their gains yesterday on selective buying of bank stocks and heavyweights like Singapore Telecommunications. The weakness of technology stocks however, capped the gain in the Singapore Straits Times Index. The
      279 words
    • Article
      Lock icon Oct contract firms slightly
      212 15  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore TECHNOLOGY counters boosted the Taiwan stock index yesterday. Foreign funds were seen snapping up technology shares such as Taiwan Semiconductor. The MSCI Taiwan index gained 4.58 points or 1.67 per cent at 278.72 points. Turnover within the index
      212 words
    • Article
      Lock icon API report keeps oil prices above US$30
      163 15 ENERGY REPORT Reuters [LONDON] World oil prices cruised at lofty heights above US$3O a barrel yesterday after a reported fall in US heating fuel stockpiles underlined fears of a winter supply shock. Benchmark Brent crude was 21 US cents stronger at US$3l.BO a
      Reuters  -  163 words
    • Article
      Lock icon CURRENCY REPORT
      331 15 London Reuters The euro fell to record lows against the dollar yesterday as speculation faded that the world's most powerful nations would launch any imminent rescue attempt. The threat of intervention to prop up the single currency has hung over the foreign exchanges since the Group of Seven
      Reuters  -  331 words
    • Article, Illustration
      Lock icon Untitled
      1228 15 DITBRBAMM CROSS RATES Oct 25 AS CS to* Un Ffr Dm HKS ted »s to»*ak Yon Won Ml lg$Wi»i Nm SS U* Sir MTS8*t N— USS Australia 0.800 4571 0.630 4.133 1232 4.106 24.485 47.214 0.569 5.909 2.001 U09 ***** 26.148 0.923 44)32 0.948 16.900 ***** 0J6S 0527 Canada 1.250
      1,228 words
    • Article
      Lock icon Untitled
      1814 15 SI COM fUTUHBS Or/25 RUBBER (Mures dosMf as <t SJ0*m) RSS 1 CONTRACTS cMb/lq) Ctoso VoNmo Open Month Hifb Low Sdt ttMHs) htenst no* 00 icoo Doc 00 IB.00 Jan 01 116.00 90 Fob 01 117.50 so RSS 3 CONTRACT (US cants/kg) VotaM OpOft Month HJpb Lw Soft (tonnes) Morast
      1,814 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng Index recovers after rebound by CyberWorks
      2901 16 HONGKONG AFP, Bloomberg Hang Seng ****** HONGKONG share prices rose 0.9 per cent yesterday following gains in telecoms stocks led by Pacific Century CyberWorks, dealers said. The key Hang Seng Index closed up 135.21 points at 15,061.14 on turnover of HK56.99 billion.
      AFP,; Bloomberg  -  2,901 words
    • Article
      Lock icon Nikkei slides on fears of overseas volatility
      1997 16 TOKYO AFP □Nikkei 225 -307.72 SHARE prices in Tokyo fell 2 per cent yesterday as investors grew fearful the volatility of overseas markets might continue to depress local shares, brokers said. The Tokyo Stock Exchange's Nikkei--225 index lost 307.72 points to close at
      AFP  -  1,997 words
    • Article, Illustration
      Lock icon CHINA
      967 16 Reuters rl Shenzhen B Index +10.48 CHINA'S hard currency B shares surged nearly 10 per cent yesterday, the largest daily percentage gain in more than a year, as Chinese investors flocked to the market after a top regulator detailed market reform plans. But foreign investors looked askance, questioning whether
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  967 words
    • Article
      Lock icon TAIPEI
      339 16 AFP □WP Index +105J5 TAIWAN share prices closed up 1.8 per cent yesterday to breach the psychologically important 6,000-point level on continued buying of technology shares and government support, dealers said. The Taiwan Stock Exchange Weighted Price Index rose for the fifth consecutive session by 105.15 points to 6,023.78
      AFP  -  339 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL up on pre-Budget buying by institutions
      436 17 AFP Q Composite Index *9.73 MALAYSIAN shares ended 1.2 per cent higher yesterday on local institutional support for blue chips before tomorrow's Budget, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 9.73 points to Finish at 796.22. The Second Board Index
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    • Article
      Lock icon Untitled
      9111 17 INDUSTRIALS Commmt products 2000 Last Vol Day Nat Cap High Law Company Sala OOP High Law f/t Smll 420 310 Ailnomoto 340 -6 14 344 340 18.6 137.8 158 46 Angkasa 50 -0.5 18 50.5 48 5 73.7 670 290 Apoao Food Mtg 430 unch 2 430 430 9.3 172.0
      9,111 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2789 18 BONDS WARRANTS Oct 25 M Ms fnm! U»«i U-ant Lot Vel Dai milKi tun* Um Urn Mk M*» M# Lot r Sato *ar I'OOO) M# Us him Mtar Ma IhMi) fata Met li»*|l Left 51.5 3.5 S Acma ******4 5 unch 50 5 5 4 5 5 41.0 1 300
      2,789 words
    • Article
      Lock icon SEOUL
      314 18 AFP CI Composite Index -2.72 SOUTH Korean shares fell 0.5 per cent yesterday with the index down 2.72 at 542.33. Volume was 306 million shares worth 1.8 trillion won. AFP Oct 25 Won *h «IW Semi 5730 -270 Brain Tech 630 -10 Central Bank 170 0 CheM Coomd *****
      AFP  -  314 words
    • Article, Illustration
      Lock icon BANGKOK
      736 18 AFP P SET Index -438 THAI share prices fell 1.6 per cent yesterday, with profittaking in energy and bluechips eroding earlier gains, dealers said. The Stock Exchange of Thailand (SET) Composite Index fell 4.38 points to close at 271.10 points and the SET 50 index was down 0.38 points
      AFP  -  736 words
    • Article
      Lock icon WELLINGTON
      255 18 AFP PWSE-40 -177 NEW Zealand shares closed 0.2 per cent lower yesterday with Fletcher Challenge Energy leading the losing stocks list, dealers said. The NZSE-40 Capital Index fell 4.77 points to 1,972.63 on turnover of NZ$B4.3 million.— AFP ktn coop) Advantage HQS 1.86 -0.06 22 AirNZA 1.74 0.02 65
      AFP  -  255 words
    • Article
      Lock icon SYDNEY
      561 18 AFP HAD Ordinaries +3i? AUSTRALIAN share prices rose 0.1 per cent yesterday, with firmer banking and telecommunications stocks offsetting continued weakness in News Corp, brokers said. The All Ordinaries index was 3.6 points higher at 3.213.2. The SP/ASX 200 also gained 3.6 points to finish at 3.264.3. Turnover was
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    • Article
      Lock icon MANILA
      273 18 AFP Q Composite Index +1L95 PHILIPPINE share prices closed 0.9 per cent higher yesterday with the Composite Index up 11.95 points at 1,294.37 points. Volume fell to 224.19 million shares worth 614.50 million pesos from Tuesday's 481 million shares worth 479 million pesos. —AFP Oct 25 Pt» (000) MRC
      AFP  -  273 words
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  • Article
    Lock icon STOCKS sgx
    9534 19 SGX MAXNBOARD Transaction date: Oct 25 Cr Gr m Wt 52-Wk Last Vol Day Last Quote Dl* D4v YM Net Cap A*g HHfc Law Cam»any Sale COOP) Hlfft Law fc»yar »a«6r C'w PH Smt Price MULTI-INDUSTRY 163 75 m c Ac ma 50c 79 60 79 77 78
    9,534 words
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  • MOTORING page
    • Article, Illustration
      Lock icon Corolla may go dual-powered
      360 20  -  Planned hybrid version to have internal combustion engine and battery-powered motors K/l Christopher Tan THE Toyota Corolla, one of the bestselling cars of all time with 28 million units sold since 1966, is likely to have a dualpower hybrid version soon. It will be the next
      ARTHUR LEE  -  360 words
    • Article, Illustration
      Lock icon $2m Porsche for S'pore show
      151 20  -  By Christopher Tan THE show-stopping Porsche Carrera GT, which made its debut at the 2000 Paris Mondial de L'Automobile just last month, will be gracing the Singapore Motor Show starting Nov 10. The Ferrari-beater, estimated to cost 700,000 marks (*****,457) in Germany when the first
      151 words
    • Article
      Lock icon Sepang impresses all as merchants cash in
      621 20  -  Corporates have also tapped the event to boost marketing efforts By Geoffrey Eu THE global travelling speed show and media circus that is Formula One brought Kuala Lumpur and its environs to a near standstill last weekend, proving beyond a doubt that the
      621 words
    • Article
      Lock icon The OMV guide
      1408 20 Average open market value (OMV) of cars registered in September. MOOEL/MAKE CC AVE OMV(S) MODEL/MAKE CC AVE OMV» ALFA ROMEO A156 2.0 1370 ***** HONDA CTTY4A 1.493 ***** ALfiA ROMEO A156 2.5 2.492 26.441 HONDA GTTY4M 1,493 ***** ALfA ROMEO A166a0 2559_ ***** HONDA CfTYVTEC 4A 1,498
      1,408 words
    • BUMPER to BUMPER
      • Article
        Lock icon New Merc E200 to come $7,000 cheaper
        112 20 IN anticipation of lower COE prices in the coming tender, Cycle Carriage has tagged the new Mercedes-Benz E2OO Kompressor at $213,000 on the road, $7,000 lower than previously. The package is only valid for one bidding round, similar to the $165,000 deal for
        112 words
      • Article
        Lock icon Volvo soft-launching S60 today
        98 20 VOLVO distributor S M Motors is having a soft-launch for the sporty S6O today at its showroom in Alexandra Road. Targeted at cars like the Mercedes-Benz C-class and BMW 3-series, the S6O is scheduled to be officially launched at the Singapore Motor Show on Nov 10.
        98 words
      • Article
        Lock icon Renault ends talks to buy Samsung CV
        70 20 RENAULT of France has ended talks to buy Samsung Commercial Vehicle after more than one year of talks, putting the survival of the Korean company in question. According to Bloomberg, the European carmaker withdrew from the negotiations on Oct 10, saying it would
        70 words
      • Article
        Lock icon New Proton Waja to hit S'pore roads
        104 20 CYCLE Carriage is unveiling the new Proton Waja tomorrow at Takashimaya Square. The first new model to follow the successful and long-running Wira line, the Waja boasts more Malaysian content It also has input from Lotus Engineering courtesy of Proton's ownership of the
        104 words
      • Article
        Lock icon Momo names sole distributor
        99 20 STAMFORD Tyres has just been appointed the sole distributor of Momo Road Wheels in Singapore, Malaysia, Thailand and Indonesia, and Momo Corse line of racing products in Singapore, Malaysia, Thailand, Indonesia and Hongkong. Momo is an established manufacturer of high-quality and uniquely designed steering wheels, gear
        99 words
      • Article
        Lock icon SDG car plates bidding results on Sat
        60 20 AS today is a public holiday, results of the weekly bidding exercise for SDG-series car number plates will be announced on Saturday, Oct 28, after 2pm. Bidders can check the results via the Land Transport Authority's 24-hour pay Infoline on 1900-*****00. Otherwise, wait
        60 words
      • Article
        Lock icon Porsche recalls mountain bikes
        105 20 IF you own a Porsche mountain bike, read this. Hie German sports car maker is carrying out tests on 713 of its bicycles. The models affected are Bike S (white), Bike FS (blue) and Bike FS Evolution (carbon frame). The air-cushioned front fork of these bikes
        105 words
      • Article
        Lock icon Keynote speaker at LA Auto Sbow
        82 20 WOLFGANG Reitzle, the ex-BMW board member who now heads Ford's Premier Automotive Group, will be keynote speaker at the LA Auto Show scheduled for January. He will address the Motor Press Guild at a breakfast talk on Jan 4,2001. Among the more colourftil and
        82 words
      • Article
        Lock icon New automotive portal launched
        77 20 ANOTHER automotive portal, Dream Motor.com, has been launched officially. According to CEO Alan Tan, since the website's Singapore beta launch in June, "we have received encouraging response and feedback from both dealers and public users". The site encompasses everything from cars and bikes to yachts and
        77 words
      • Article
        Lock icon Saab golf's cause
        106 20 THE Saab Golf Challenge 2000 was successfully held at Laguna National Golf and Country Club on Oct 18. Inaugurated in 1993, the event saw about 100 participants, comprising Saab owners and their friends, as well as specially invited guests from Malaysia, congregating not only for a game
        106 words
      • Article
        Lock icon Bridgestone to shut down 3 US plants
        99 20 BRIDGESTONE will shut down three US plants and lay 0ff450 workers because demand for its tyres has dropped in light of a massive recall by subsidiary Firestone. According to Bloomberg, Bridgestone will close plants in La Vergne, Tennessee and Oklahoma City for 28
        99 words
      • Article
        Lock icon Eating drive
        52 20 AUTO adventure group Wheels For Fun is organising an "eat all you want" trip next Saturday and Sunday. The menu includes top-grade durians and red rice wine. Charges are $49.99 for adults and $35 for children between four and 12. A $20 car registration fee applies. For details,
        52 words
      • Article
        Lock icon NightRider goes two-ways
        49 20  -  Compiled by Christopher Tan TIBS Nightßider bus service has gone two-directionaL There are eight routes criss-crossing the island, linking population centres to entertainment hubs. The Nightßider service was started in March, but was only one-way, bringing revellers back home and providing an alternative to taxi services.
        49 words
  • Page 20 Advertisements
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      Lock icon Page 20 Advertisements Column 1
      85 20 BT will have more Motoring Pages from next month to eerve you better. Starting Nov 4, an average of four pages per wmi Dv cwvoieo to Ul6 sccxionj wim iwo pSQOS or news and views appearing on Wednesdays and two pages of product reviews on Saturdays. There will be new
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  • Page 21 Advertisements
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      Lock icon Page 21 Advertisements Column 1
      392 21 Where to wine, dine and entertain..rt' < >> asa g!s;2£Sy«£si Enjoy our ever-popular Japanese favourites for lunch and in the evening, tuck into a wide selection of Japanese, Asian and Western dishes like Sashimi, Roti Prata, Murtabak, Drunken Chicken and Roast Sirloin Beef. Japanese Buffet Lunch #23.90 (Adult), 40% discount
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      Lock icon Page 21 Advertisements Column 2
      51 21 > j ,;.vv v If siKhL' THE NEPTUNE I WEDDING! A TRULY UNIQUE OCCASION Call us at 224-3922 for a perfect start to a wonderful life ahead ®Rl4hn*>» •>■ '«> floor (Mmras t nirm House Coßyrr Quay Singapore *****1. Hamhria Suwaparr 333 Orchard Road. Singapore 2 ***** W 737 4411
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  • Page 21 Miscellaneous
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 1
      900 21 mmiMiiniil^^M——— Central 9JO News 5 Tonight. 8.00 Berita. 10.00 AM Fitness Kardio onn AM Kids r«n»Mr Thf 10.00 Holiday Movie lIL The BJO Klinik Kita 2. Knockout. V il Mill Pri nee the Swan and Irr r T Faces 900 Fitrah Khatijah (Ma- 10J0 American Health I **k]N l the
      900 words
    • Miscellaneous
      Lock icon Page 21 Miscellaneous Column 2
      248 21 UHVPTIC CROSSWORD ACROSS 4 Bird s ringlet we replaced (6) 1 Last twenty sports get a result sls modest about finishing work (5.5) (8) 6ln leaf a redwood tree in the dis- 7 Merry crimes fool bungled (10) tance (4) 8 Again becoming established 9 Pretty poor revised estimate and
      248 words
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  • HOUSEHUNT
    • Article, Illustration
      Lock icon HDB transactions between Sept 20 and Oct 18.
      2857 22 TYPE/LOCATION POSTAL CONTRACT BUILT-IN PRICE PSF I TYPE/LOCATION POSTAL CONTRACT BULT-JN PRCE PSF COO€ DATE (SOFT) (SS'OOO) <S$) COOC OATE (SOFT) (STOOD) (SS) 2-Room (Improved) L_ TeckWhyeLane *****9 22-Sep-00 741 123 166 Tetok Blangah Dr *****5 13-0ct-00 485 75 154 Tetok Blangah
      2,857 words
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  • INDUSTRIAL PROPERTY
    • Article, Illustration
      Lock icon A boon for industrialists
      1634 23  -  The supply of 60-year leasehold industrial properties offer affordable alternatives, say joyce khorandtbouuh JOYCE KHOR, TEO LI LIM Joyce Khor is director, and Teo Li Lim, manager, of consultancy and research at CB Richard Ellis SINCE their re-introduction in 1992,60-year leasehold sites have been an important
      FILE PHOTO; Source: CB Richard Ellis  -  1,634 words
  • Page 23 Advertisements
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      Lock icon Page 23 Advertisements Column 1
      78 23 f L ssr Prime New Zealand Investment Auckland CBD For Synergy House, V? Fully leased to quality 1 tenants mKM M 1 1 Good mix of office and flg:,H j WB|k retail income iililß il |1V •Sound growth W prospects Take advantage a low NZ dollar BHB For more information
      78 words
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      Lock icon Page 23 Advertisements Column 2
      193 23 f #Sf G Site area: 15,924 sq ft 72 Zoned 'Light Industry", Freehold T' gMl' v w SSJ_l_-J Plot Ratio 2.5 T" "Jjf m Walking distance to Aljunied I LLI Q MRTStation U J"U Nestled in a popular industrial area U U H H Good accessibility via PIE and 11
      193 words
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      Lock icon Page 23 Advertisements Column 3
      84 23 i u b l 4!^jt^^^EPPfl|Tl r r* IMWW-* f#™^^^M?'>>?:;® fl FREEHOLD PROPERTY INVESTMENTS IN THE HEART OF AUCKLAND, NEW ZEALAND BRAND NEW RESIDENCES FREEHOLD, HOTEL MANAGED OR OWNER/OCCUPIER APARTMENTS. STUDIOS FROM $178,000 NZD 50m 2 ONE BEDROOM FROM $279,500 NZD 84m 2 TWO BEDROOM FROM $411,000 NZD 116m 2 PENTHOUSE
      84 words
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  • EXECUTIVESuite
    • Article, Illustration
      Lock icon Propelling Ascott to global heights
      994 24  -  Its chiefs vision for the group is to expand its serviced residence business beyond the Asia Pacific region, says amdreatam amdhbatam THE chief executive officer designate of the soon-to-be-merged Ascott, Kee Teck Koon. comes across as an earnest man. Perhaps not as colourful as Capita
      FILE PHOTO  -  994 words
  • Page 24 Advertisements
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      Lock icon Page 24 Advertisements Column 1
      106 24 ifj *1 el H i *j d to work home. All in .ill, we offer \on th.it oik intangible \ou can't order from ser\icc: Space. I he \scott Scr\iccd Residences. 1 \pcricncc the ln\nr\ of sp.uc. s fjft I 111' Wolt Singapore Ihv Wmi \l.nl.in. I oihloii llk Woii |.ik.irl.t
      106 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      235 25 Reuters THE Baltic Dry Index (BDI) rose four points to 1,748, the Baltic Panamax Index (BPI) gained eight points to 1,623 and the Baltic Capesize Index (BCI) was up three points to 2,480, but the Baltic Handy Index (BHI) shed one point to 1,150, and the Baltic Handymax
      Reuters  -  235 words
    • Article
      Lock icon MARITIME STOCKS
      262 25 Oct a w CWT Distribution 0.65 unch 0 Cosco Investment—0.17 unch 0 Freight Links 0.M unch 62 Geiiawmqi nn unch IMC HoWnga-HK _I9.60 unch 0 JayeHoMnga O.IS uncti 209 KeppeiCerp 3.34 -0.02 1040 KeppeiFELS 1.10 unch 243 Kappei Marine 0.19 -0.01 328 KXKM4TM .1.48 0.01 2410 Labroy Marine
      262 words
    • Article, Illustration
      Lock icon European shipbuilders complain to EC about S Korea's aid to industry
      522 25 Move paves way for European Commission to start case against Seoul at WTO Reuters [BRUSSELS] European shipbuilders complained to the European Union over South Korean state aid to its shipbuilders, opening the way for a possible EU case against
      Reuters  -  522 words
    • Article, Illustration
      Lock icon Oops... tight squeeze overhead
      76 25 AFP [SAN FRANCISCO] Four of the world's largest cranes squeak under the Golden Gate Bridge by 210 cm, in San Francisco Bay. The 66 metres high cranes, which were manufactured by the Zhenhua Port Machinery Company of Shanghai, China, will have to slip under the San
      AFP  -  76 words
    • Article
      Lock icon Nigeria vows to end corruption at seaports
      167 25 Reuters [LAGOS] The Nigerian government promised to end corruption at the country's seaports in a bid to bolster sea trade. Transport Minister Ojo Maduekwe told a maritime seminar in the Nigerian commercial capital Lagos, that ridding the ports of corruption and sharp practices,
      Reuters  -  167 words
    • Article
      Lock icon Malaysia captures pirate suspects
      104 25 AP [KUALA LUMPUR] Marine police detained three men suspected of attacking 30 craft in the Malacca Strait, Malaysia's national Bernama news agency reported. Authorities nabbed the pirate suspects off Malaysia's south-western coast on Oct 12, Muhamad Muda, a marine police commander, was quoted as saying. The
      AP  -  104 words
    • Article
      Lock icon Mitsubishi taking control of tanker venture with Cosmo
      255 25 Merger of ship tanker units will be Japan's largest devoted to oil trade Bloomberg [TOKYO] Nippon Mitsubishi Oil Corp, Japan's largest oil refiner, said it will take a majority stake in a venture with Cosmo Oil Co to merge their ship tanker
      Bloomberg  -  255 words
    • FLEXIBLE shipping
      • Article, Illustration
        Lock icon Start-up serves small cargoes
        742 26  -  HK's AsiaShippingMarket.com has set up a search engine for owners and brokers to find part cargoes From P T Bangsberg in Manila WHILE most attention focuses on gargantuan cont a i n e r ships, other goods must be moved in more modest vessels. Asia Shipping
        FILE PHOTO  -  742 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      147 26 PAGE Oongnama ACL 6 Ustnm Accord 8 ECL Appel1$hjp 5 ECUline 5/6/8 Ml 8 Austral 7 0C^Su Balaji Shpg 5 DC A 7 Gemartrans B'tang Mas 8 f CCW 7 hZ CMACGM 3 A C0SC0 5 Hyundai CSAV 3 Interasia Central 6 |WSL Cho Yang 5 jwsrfton
      147 words
    • Article
      Lock icon SHIPPING GUIDE
      20890 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destr, Name Name Number Number 23/n 18/12 Nortrans HELIKON 8/00 45-*****00 To ABIDJAN (ABJ) 2003 Cote 0'I voire 24/ 20/12 uasc abu dhabi ciuw 45-*****17 07/TI
      20,890 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        441 36 Vassal Voy Mo Bartti Arrival Departure JM|M Bt Butt Kary ***** JOI 25/10/8:10 25/K)/20:00 Raclmanuel 2 16/00 J03 25/10/7:15 25/10/21:00 Sri Baru 1 OHKT J02 25/10/630 25/K)/23r00 Muttiflexdt 01SA J17 25/10/7:20 25/10/23:59 Handy Fabina 2 J04 25/10/8:50 02/11/8:00 WinsUr 2 38S00 J02 25/10/7:45 25/10/21:00 Bt Dencipta2 ***** JOI
        441 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1967 36 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booting/EUI*nce Rstls Ship Voy No Etb/Btr Period From To From ACE COUTH *£004* 26/12 00 II 24/1500 2V»» 24/1900 a 24/T700 25/0659 25/0*00 21 24/1700 25/0*59 25/0900 25/0700 25/TI59 25/1400 4 25/1200 25/1459 25/1700 ACI GAMUT 07S 27/1*0 24/1500 24/1*59
        1,967 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        106 36 Oct 29 Malaysia: Deepavali. Nov 1 Philippines: All Saint's Day. Nov 3 Japan: Culture Day. Nov 4 Sweden: All Saint's Day. Nor 11 Canada: Remembrance Day. USA: Veteran's Day. Nor 23 Japan: Labour Thanksgiving Day. USA: Thanksgiving Day. Not 30 Philippines: Bonifacio Day. Dec 3 Japan: Culture Day.
        106 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        788 36 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
        788 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        357 36 Cwton 180 Max 991.2 0.6 15.4 0.09 51 0.05 Oct 19 OMSttv WaUr Residua M MwuMum Sedtawnt Mo iDon E2S 1 0 10 0 0 380 Aw 986.4 0J 13.5 0.06 V 0M 380 Max W3.2 0.7 18.2 0.10 57 0.04 ggg W Wc a boy*
        357 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon UK aviation body may demand more legroom on aircraft
        449 37 THE 'ECONOMY-CLASS' SYNDROME Minimnm seat spacing on airliners being reviewed to protect passengers Bloomberg [LONDON] The UK's Civil Aviation Authority said it may demand airlines provide more legroom on their Aircraft to protect passengers' health and safety. This follows the death
        Bloomberg  -  449 words
      • Article
        Lock icon Airlines may be liable for compensation
        362 37  -  From Surinder Singh m Sydney THE death of British tourist Emma Christoffersen after a 20-hour flight from Sydney to London has led lawyers to dust off a law which could see airlines liable for hundreds of thousands of dollars in compensation to passengers suffering
        362 words
      • Article
        Lock icon FAA stops computer tests at air traffic centres
        199 37 Bloomberg [WASHINGTON] The US Federal Aviation Administration has imposed a moratorium on computer software tests and upgrades following two computer failures in less than a week that grounded hundreds of flights to and from California. The moratorium effects the FAA's 21 air-route
        Bloomberg  -  199 words
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        Lock icon Lufthansa sees no need to raise fares to offset fuel costs
        529 37 Maintaining fares will help carrier win more market share Bloomberg [SINGAPORE] Deutsche Lufthansa AG, Europe's No 2 carrier, says there is no need to raise fares to offset higher fuel costs if the airline can attract more travellers from
        Bloomberg; REUTERS  -  529 words
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        Lock icon Airbus may get A3XX order from US company
        656 37 Reuters (CHICAGO] Airbus Industrie may receive an order for its A3XX superjumbo airliners from a North American freight company by the end of the year, an official at the European consortium said Tuesday. Airbus's North America president Henri Courpron told reporters at
        Reuters; AFP FILE PHOTO  -  656 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1836 37 Cm FLIGHT ETA FU6HT ETD 0f6 805 tMM ana Mi tarn m 036 0F81 830 0F82 2055 Mti Ml BID S0990 AM8279 2230 Mm $0803 88 »W 080 LH6380 2230 ——CZ35I 2045 S0804 »20 MZW g3B Nawl YH/S0741 138 W/S0740 MM Mrti S0327 ore 8LBB44 0040
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        Lock icon Shanghai seeks to develop logistics sector
        590 38  -  Chinese city will give priority to industry in its 5-year plan From P T Bangsberg in Manila LOGISTICS is one of four sectors the Shanghai government will give priority to developing in its five-year plan through 2005, a senior official told a seminar in
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        Lock icon Emery handles jumbo task with skill and care
        160 38 [SINGAPORE] Once every six months, six specially-trained Thai elephants are sent to Beijing World Park to perform in parades and other public exhibitions. There, they play soccer and even provide free massages to bold volunteers. In Thailand, elephants are considered such national
        160 words
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        Lock icon UPS Logistics secures Hewlett-Packard deal
        182 38 [SINGAPORE] UPS Logistics, a unit of United Parcel Service, has clinched a service parts logistics contract from HewlettPackard (HP), adding to its more than US$l billion (551.75 billion) worth of long-term contracts signed up so far. UPS Logistics will manage parts inventory, transportation and returns
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        Lock icon Pelepas port wins tenant for its free zone area
        205 38 Distribution centre for Kenwood Logistics to be completed in March [SINGAPORE] The Port of Tanjung Pelepas (PTP) in Johor has signed up Japanese electronics manufacturer Kenwood Logistics as a tenant in its free zone area. Construction of the 15,050 sq m
        205 words
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      58 25 ■ITM I [ALjSB/iIM Shanghai to develop ?J§||| logistics sector M Back page HK start-up serves small cargoes Page 2 OK may demand airlines provide mora legroom on ahciaft m Page 13 Your complete solution to e-procurement shipserv for the maritime industry cifi^T^o) email info@shipserv.com Global Customer Service Centre based in
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      204 26 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com iis*r. Shiprnan c Suitjnary fj^|j SENLIM AGENCIES PTE. LTD. 133, New
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      716 26 Lines services represented by fg&kA Members of the Registry of Members of tbe feiaSfija Accredited Sh.pp.ng Agents, S.ngopore Log.st.cs Xgwy Singapore Shipping Association Association gjg ULY LINE MALE vissti voy r ni Tiu in P. KLANG SPORE MALE Empress Lily VOBOO 30/10 31/10 08/11 Princess Uly VOBOO 13/11 14/11 21/11'
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      1169 27 SAX SERVKE (MRECT) [ypKH VOY SMEtt LAX OAK Mi HOD 01 COL MIM AH NYC tfUUtQUOH 0371 18/10 02/11 07/11 07/11 07/11 07/11 07/11 07/11 01/11 01/11 Aft SARDONYX 023 2S/10 09/11 14/11 14/11 14/11 14/11 14/11 14/11 15/11 15/11 Aft TOURMAJJC 03« 01/11 16/ ii 21/11 21/11 21/11 21/11
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      1625 27 65) HANJIN SHIPPING ilk P1 U ilfcb*iU» -Me *****30 MMUW SHIPPING (S) PTE LTD h»//— t— IQCXHtC ********** SAtES *****74 73» POCUMHH *****7 771 OfBATKHtS *****5fr75l MAM Lint *****5S FAX SJtIMS C» WO lIOWMMI TO NW USA A CANADA USA CANADA*" FM VSI/VOT I OAM ISM IN HAUI/VOY SEA TM
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      308 27 VBSa *0Y SHI Jff SUB kmtc HONBMN6 omT gTio" hTio "ohT "wTio liTio" Qj/TT flaoT OVII «/lo —o?/n~ 02/11 Hiaoima 0070 a/io 01/11 03/11 ii/ii □Br 'ii 8i! I IS! 11 HTUWWSWNTB 044S 30/10 QO/11 OOMT 13/11 N/11 N/11 TFTC BOUMS M7S 20/10 N/11 13/11 11/11 yKB VOY SHI DiC
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      1596 28 SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANS ANAPA VtSStL DOT an L£H IW IM HM| B» FU VtSStL VOT SM BIT Sft FOS W.C im CHOYANGAfIK 0017W 2510 1111 1211 14.11 IS 11 1111 1711 SHANGHAI SENATOR M3SW 2110 1211 1411 Hll 1111 2SII HANJM KWYOM 01MW 27 It I*ll 2111
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      1014 28 Ajfcfl MAC-NELS S PORE M'SIA uTTaTh Carrier MM COffTR LINES, INC p.quoang:(ot)3BB372o l~r\/\~ J OW MO. iaD0«*****0« SJBU: (084)*****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (682) *****67 SURABAYA: (31) *****11 P- KELAMQ: (03) *****77 JKT: (21) *****46 KUCMNQ (062) *****1-3 PARIS 6UPANG HO CHI MINH MV QING SHAN" V.0025
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      728 28 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS MIX UNO MUMBAi/COLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0. POINTS VKMI S PORE N SHEVA COLOMBO P KLANG CAPE CREUS VII4W 21 OCT >7 NOV 11 NOV 17 NOV CAPE CANAVERAL V 131W 65 NOV 14 NOV II NOV 24 NOV
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      1752 29 jvtssci VOY KHH I HKO I SIX PKL I DX» lAI DMM UK IRAN HERMAN PCL-178 24/10 23/10 2S/10 29/10 OS/11 06/11 0«/11 10/11 IRAN ISFAHAN PCI-179 31/10 01/11 04/11 05/11 12/11 13/11 15/11 17/11 IRAN SAAKIRI PCI-180 07/11 08/11 11/11 12/11 21/11 22/11 24/11 26/11 IRAN HORMOZGAN PCI-1 SI
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      1185 29 TO: COLOMBO 1 EVERY MOMMY I (T/T s 4 DAYS) J I GENERAL AGENTS M SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (8/1) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD «12-00 SAUS/RKGS *****57/43 INWARD DEPT (D/O) *****56 COSTAR AGENCIES (M) $DW BHD VSI/VOT r» HI6 SHA OIM
      1,185 words
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      844 29 tUROPI EXPIIiSS SHRVICi EXPORT IMF»ORT VOT ISN| UM 1 KIN |NM 1 HAM RHV FU VBSR i VOT I «TM 1 HAM HI lO «L_ runwisw t INI 11/10 16/11 21/11 °1U S ]o fill} iffli Sfli ffij} ITiii Mil llni n/il Erasuu sisM aSMI: jar" m Hi ROMR 017W
      844 words
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      895 30 MfDfTEMANfAN/BLACK SSA/KUROPf SCRVKKS EXPORT VBsa/VoT*g sop 100 iWnTob Tmu Jmm [ohv |wr \m jjjoiooMow 29/10 uyii mi ivn Mi iyn_ u/n ivu ivii uubssbowoo* oyii u/ii 20/11 22/11 ?yii avii ?vn avn p/ii mwßn»Mq» tyii ?yii 77/11 »/ii 01/1? ayii 01/1? ayi? on? pi—mamm 19/11 01/12 oyi? oyi? p/i? on?
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      365 30 AMAMUM PBBUW OUP/—)IAW «U» CONIWIT StVia IXPQRT VESSEL VOYAGE SGP CMI DOR MA AM DMN RAM KMNXV UN AMPLE 043M37W 30/10 OVII 00/11 09/11 IC/11 UN PATRIOT OI4MIOW 31/10 04/11 10/11 13/11 VU HI 0140* OVII- 14/11- 14/11- JO/11UMASSBT 0437 477W OA/1I 10/11 15/11 14/1117/11UN PRUDENT *****04W 07/11 11/11 17/11
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      670 30 ADVANCE CONTAINER LINES (PTE) LTD ill .1 TEL: *****21. FAX *****19. TELEX :RS ***** ACLPL CR NO **********0E W FOR BOOKINGS PUASf CALL: *****22 SALiS A MARKETING *****21-21 IAWOKOK JWMM" JAKJUTTA (7 VESsa voy MN I MOC vtssa voy I aw jkt YANTRA 363N 28/10 Set 31/10 lm StiAR SUNDAIUTCI)
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      387 30 SO TEL OK 6LANGAH ROAD M 2-92 CffIPORT CENTRE STORE MCI TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESS& VOY r» ETD QESTIMnQM MABUKWA <3,7*1 31/1 KM PUBWMKMJNTOK" fILMUM IKAGURI 16,7(0 3111/2800 Hll7OOO MUNTM"/PONTUNAK For enquiries and bookings please contact SEASPACE SHIPPING (S) PTE LTD
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      498 31 BSfl a. mm, MYANMA Wk FIVE STAR LINE (MyoNNrar National Lilt) Vl Loading for Yangon VTSStL VOT SM PKI PEM PGU DAWEI 14W SID MONG LA 36W SU) MALAYSIA AGENTS: KKJSTIAO SHIPPING AGENCIES KUL m 03-*****00 PKL HI 03-*****101 KM: Til 04-*****02 PGU; HI 07-*****21/4 BANK LINE (A service of
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      1532 31 HMAT-' HYUNDAI MERCHANT MARINE CO., LTD. Ivcsa vot Ism I souiial rtm amt ham mv |vtssa I vot I sou I ia rim aw ham |mvl sm 1 API GERMANY 029W 26/10 13/11 18/11 15/11 16/11 APLAUMMM 3171 02/10 07/10 M/ 10 05/10 26/10 MOSB S36W 27/10 17/11 18/11 12/11
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      815 31 vftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUfT SERVICE" I vessel Tvoy ramp naif sin lk mao mm sav ml orf nyc new moi TOIMCOIMG AHO2I 400T«» 6.3 M INPORT 26/11 04/12 07/12 09/12 11/12 12/12 14/12 11/12 It/12 TAPKXA AHO22 400T«s 6.3 M 12/11 10/12 11/12
      815 words
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      493 32 iAMOKOWtf TA PHUT/LAIM CHARAMQ J*KMT^*W*l>a VKtft VOT I SIN m BTF LCM VtSSIL 1 VOT 1 SW «T If* MMUm B2L__2!ZIS MJ UZl4_ 'gj» xethaihum- 3sw v/ 10 01/11 o?.-ti M 545 cuuuiuuuc iJwTn nvii WlL«lUlTf Mi 30/10 OZOI SHIMAMAMI Mi 30/10 03£T !M!_ LIAOHC (HO 31/10 03/11 IAHIIHUM IHN
      493 words
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      265 32 -mm INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COKTAINER SERVICE vs wi_ mc sw m a« stp m m m. hb renoMt ton oar 01/11 11/11 u/11 15/11 i«/u tmrnx iiT M/ 11 v/ 11 13/11 11/1111/11 M/ 11 POWWSMM *5 11/11 14/H N/ll H/ll »/11 11/ II Anivorr jij
      265 words
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      369 32 TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK A CONTAINERS 14 DAYS FREQUENCY www.tasmanorfenLco.n2 rasa who sui m m s*n la swm mou suv *n wm ot rotnunc ttSMAN OMUfNGB *****9 14/10 11/10 Jl/10 23/10 77/10 01/11 13/11 15/11 20/11 23/11 24/11 25/11 21/11 27/11 USftAM CAMPAIGNS *****0 31/10 02/11 05/11
      369 words
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      70 35 SINGAPORE PTE LTD N KYOWA LINE 15 McCallum Street #03-01/02 Natwest Centre Singapore *****9 Fax: 165) 2201)66 Email general<#ecusin ecu line net website httpy/wwwecuitne net Direct Breakbulk/Container/LCL INDONESIAN PORTS Service to Banjarmasin/Jambi/Palembang/ Manila/Guam/Saipan Panjang/Pontianak/Perawan/Pekan Baru Agemj WjQrmi sNpfln, Rte Ltd Call: 220 3373 See Page 7 Daily STANDARD SHIPPING Wallenius
      70 words
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  • Page 36 Miscellaneous
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      123 36 LEGEND: luu»d by Meteorological Service Singapore r<£ Thunderstorm A Showers Rain Temperature Wind direction and speed in knots Weather w Cloudy Day Hazy Sea Conditions Wind speed symbols I < 1 2m O Full circle w/o line indicates calm or light and variable winds j 9 One half tleche represents
      123 words
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