The Business Times, 30 August 1999

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Total Pages: 44
1 44 The Business Times
  • 14 1 THE BUSINESS TIMES MIT A (P)oa*t3pr 85c SINGAPORE Internet: http://business-times.asial.com.sg/ MONDAY, AUGUST 30, 1999
    14 words
  • 57 1 STOCK MARKET INDICES Week Change ST1 2,154.63. +6711 SIMSCI FUTURES_.290.80 +7.70 BT-SRI. 796.96 +14.49 KLSECOHP. 764.79. +1.41 NIKKEI .17,599.37 -498.74 HANG SENG 13,383.13.. -183.61 SET INDEX. 457.54. ..+17 03 JAKARTA COMP. ***** -3.50 MANILA COMP.—.2,221.24....+11.77 TAIPEI WPI 8,053.97 -9960 SEOUL COMP ***** +81.89 CLSA CHINA B 906.44......-18.96 AUST
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  • 81 1 FOBEX BATES USI ss Ugj 1690 S(US$/S$ per 1.586 1679 EURO(US$/S$ per E) 1.044 1.764 DM 1.874 0.902 YEN 111.5 1.515* RM 1800 0.445 HK$ 7.766 0518 BAHT 88JJ2 0.044 RL'PIAH 7,605 0.022 •St to 100 units PMME BATES SINGAPORE* 5.80 KUALA LUMPUR 126 JAKARTA 40.00 BANGKOK 10.00 MANILA
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  • 1054 1  -  Working group of central bankers studying their role in financial crisis By, Jennifer Lien [SINGAPORE] Banning hedge funds, which have been blamed for triggering the Asian economic crisis, is not the solution, but checks are needed on how these funds
    AFP  -  1,054 words
  • 843 1  -  Six tenders in past three months have closed without sales By. Marissa Chew [SINGAPORE] Seller optimism appears to be running ahead of the investment property market, with mismatched prices tripping up several recent sales. Six tenders in the past three months, for instance,
    843 words
  • 581 1  -  They say measures can't continue due to global competition From Eddie Toh in Kuala Lumpur SEVEN out of ten Malaysian businessmen want to see the country's capital contrQls phased out eventually, according to a BT poll ahead of this week's
    581 words
  • 857 1 Fed official says stock surge may be sign of overheating Reuter, AFX [JACKSON HOLE, Wyoming] Top world central bankers yesterday wrapped up an exclusive three-day gathering with a stark warning from their most powerful member ringing in their ears:
    Reuter,; AFX  -  857 words
  • Page 1 Advertisements
    • 158 1 INSIDE Axa's philosophy The Axa group's management philosophy is down-to-earth and simple: make it easy as possible for anyone to do business with the firm, Pg2 Okhtlire— Buzzcity is a young, homegrown Internet company with global dreams, BizITPglS Timely Any move to speed up the listing of rights shares in
      158 words
    • 13 1 CORPORATE RESULTS Half-time score Last week's interim results at a glance Pg 20
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    • 25 1 What Greenspan is saying, Pg 4 BIS: unwinding of Stock surge could be messy, Pg 7 S'pore small cap issues back in action, Pg 28
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  • SINGAPORE AT HOME & ABROAD
    • 778 2  -  SINGAPORE 1000 World's largest insurer will merge Axa and Guardian Royal Exchange units here to provide hassle-free one-stop service for all its products and facilities ii/i Soh Tiang Keng IT may be the world's largest insurer with assets under management of US$655 billion
      FILE PHOTO  -  778 words
    • 344 2  -  EYE ON THE ECONOMY Trade By, Jennifer Lien THE domestic wholesale index fell 3.4 per cent in the second quarter as sales of household equipment and furniture remained weak. Excluding petroleum trade, the index's drop was a smaller 2.5 per cent year on year.
      Source: Dept of Statistics  -  344 words
    • 418 3  -  Bigwigs among investors in Ezyhealth; Web site oat in end-Sept By Jennifer Lien A GROUP of listed-company chiefs and two listed companies are sinking $3 million into a new health-related Internet start-up. Investors in the start-up, Ezyhealth Asia Pacific Pte Ltd, include Singapore Telecom
      418 words
    • 430 3  -  OBITUARY By\ Siow Li Sen HO Rih Hwa, a respected industrialist and diplomat, died on Saturday at the age of 82. A tycoon who built up the Wah Chang International group, which includes the Thai Wah group listed in Thailand, Mr Ho was
      430 words
    • 352 3  -  It plans 15 more S'pore stores, at least 20 in M'sia By\ Rahita Elias HEALTHFOOD supplements retailer Nature's Farm, a wholly-owned subsidiary of listed Jacks International, has formulated an aggressive expansion plan at home and in the region. General manager Chan Chong Leong told
      ARTHUR LEE  -  352 words
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    • 7 3 CATS. Buy It. Sell It. Find It.
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  • ASIA OH THE MEND
    • 863 4  - Is Greenspan hinting that US stocks are too high DAVID DEROSA tries to make sense of the Fed chiefs speech last Friday DAVID DEROSA David Deßosa is president of Deßosa Research and Trading and manages an investment fund. He is also an adjunct finance professor at Yale School of Management.
      Bloomberg  -  863 words
    • 108 4 Reuters [SINGAPORE] China will keep the yuan at a sustainable level, but incorrect market perceptions about devaluation could pressure the currency, a Chinese finance ministry official said. "We need to correct many wrong perceptions about the Chinese yuan...its value is decided by economic fundamentals, and
      Reuters  -  108 words
    • 334 4 Dollar's plnnge would hurt US stock market, says Mr Yen AFP [TOKYO] The yen's rise against the US dollar is not desirable for both Japan and the United states, a key Japanese government economic adviser known as "Mr Yen" said yesterday. "The
      AFP; FILE PHOTO  -  334 words
    • 332 4 Reuters [KUALA LUMPUR] A Reuters poll shows Malaysia's main stock index is poised to extend a year-long climb and is likely to rise by about 12 per cent by the end of the year. Asked to predict the level of the
      Reuters  -  332 words
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  • REGION
    • 191 5 BANGKOK AFP THAI public prosecutors said they would ask police to investigate three commercial banks for possible links to a high profile fraud case, according to reports here Saturday. A spokesman from the economic crimes division of the attorney general's office
      AFP  -  191 words
    • 341 5 KUALA LUMPUR But banking system clean-up has been efficient, says report AFP MALAYSIA has been slow to restructure its corporate sector despite the breathing space offered by exchange controls over the past year, the equity research arm of French bank Societe Generate says.
      AFP  -  341 words
    • NOTE Book
      • 65 5 Reuters [JAKARTA] Indonesia's military yesterday said it could not give a 100 per cent guarantee of maintaining security in East Timor, which is set to vote on independence today. The military said it regretted recent unrest in East Timor. In the latest eruption of violence,
        Reuters  -  65 words
      • 65 5 Reuters [KUALA LUMPUR] The Malaysian Investors' Association (MIA) sees the country's gross domestic product growing 3.8 per cent in 1999 compared to last year, Bernama news agency said. "There are possibilities for Malaysia to have strong GDP growth of around 3.8 per cent for the
        Reuters  -  65 words
      • 63 5 AFP [BEIJING] A Chinese banker has been sentenced to five years in prison for embezzling 206 million yuan (5541.8 million), the Legal Daily said yesterday. Yang Wenkuan, former director of a branch of the Bank of China in Nantong, in the eastern province
        AFP  -  63 words
      • 60 5 AFP [SHANGHAI] The Grand Hyatt Shanghai, described as the "highest hotel in the world" by the Hyatt group and Chinese officials, was formally opened on Saturday. The five-star hotel occupies the top 35 floors of the recently completed 88-storty Jinmao Tower, the third tallest
        AFP  -  60 words
    • 574 5 BANK BALI SCANDAL It has threatened to withdraw aid over Indon govt's handling of the scandal Bloomberg, Reuters [SINGAPORE] The World Bank expects the government, of Indonesia will respond this week to the bank's threat to withdraw aid over the government's handling
      Bloomberg,; Reuters  -  574 words
    • 308 5 JAKARTA Failure to resolve scandal will also batter the party Reuters THE support of Indonesia's ruling Golkar party for President B J Habibie's re-election bid is under a "severe test" as a banking scandal deepens, a leading member of Golkar's anti-Habibie faction said.
      Reuters  -  308 words
    • 576 6 SINGAPORE Perc says others will find it hard to move up knowledge-based value-added chain AFP EXCEPT for Singapore and the Philippines, South-east Asian nations do not have a sizeable pool of skilled, welleducated labour crucial in the new millennium, an
      AFP  -  576 words
    • 352 6 SEOUL Reuters SOUTH Korea, forced to turn to the IMF two years ago to avoid default, yesterday recorded a 33.1 per cent annual jump in industrial output in July and shows signs of sticking to the trend. "Demand kept growing domestically
      Reuters  -  352 words
    • 67 6 [CALCUTTA] An old lady looking at a new electronic voting machine as a man explains its functions during a demonstration session for voters last Saturday. The machine will be used for the first time here in the Oct 3 Indian general election. The election's outcome is uncertain, but
      AFP  -  67 words
    • 217 6 m NEW DELHI AFP INDIA has 100 rupee-billionaires whose total wealth equals 27.5 per cent of the country's foreign exchange reserves of US$33 billion (5555.8 billion), the Hindustan Times newspaper reported yesterday. The first study of domestic billionaires, conducted by the financial
      AFP  -  217 words
    • 447 6 SEOUL Court refuses to stop Korea Life's plan to sell stake to US firm Reuters SOUTH Korea hit a snag in its financial restructuring drive as a court rejected its bid to stop Korea Life Insurance Co's plan to sell
      Reuters  -  447 words
    • 484 6  -  But businesses most beware as potential for a clash will rise By\ Siow Li Sen [SINGAPORE] There is no visible build up of military forces for offensive operations by China and Beijing has been using the media in Hongkong and Taiwan to
      CHRIS LOH  -  484 words
    • 280 6 HONGKONG Venture capital funds will invest in GEM candidates Reuters MOVING to build confidence in Hongkong's soon-to-be-launched Growth Enterprise Market (GEM), potential sponsors are setting up their own venture capital funds to invest in listing candidates. GEM will become the second board on
      Reuters  -  280 words
    • 154 6 TOKYO AFP JAPANESE companies are likely to report large gains on stock holdings for the AprilSeptember first half of the financial year thanks to the recent rise in share prices, a report said yesterday. Assuming the market stays at current levels at the
      AFP  -  154 words
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      263 words

  • THE WORLD
    • 566 7 JACKSON HOLE, Wyoming Central bankers look into role of monetary policy in dealing with market 'bubble' Bridge News BANK for International Settlements general manager Andrew Crockett has expressed concern about the potential for an "unstable unwinding" of several US financial
      Bridge News; FILE PHOTO  -  566 words
    • 264 7 JACKSON HOLE, Wyoming Reuters SENIOR Latin American finance officials on Saturday poured cold water on the idea that adopting the US dollar as their official currency could help solve emerging economies' problems. "While dollarisation may be useful to some countries, it certainly doesn't present a
      Reuters  -  264 words
    • 354 7 BUENOS AIRES Says it's against US rhetoric on trade liberalisation Reuters AUSTRALIAN Trade Minister Mark Vaile last Saturday attacked fresh US quotas and tariffs on lamb exports from New Zealand and Australia, saying the restrictions would be fought "at every opportunity". "We don't accept
      Reuters  -  354 words
    • 514 7 LONDON Most of his money is in short-term bills with lower returns FT YOU could call it Greenspan's Revenge. The chairman of the Federal Reserve Board has not enjoyed the best returns from his personal investment portfolio recently. Hard facts are scarce, but
      FT  -  514 words
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  • EXECUTIVE LIFESTYLE
    • 459 8 US OPEN PREVIEW If he wins, he'll be the only one to win 13 Grand Slam singles crowns NYT [NEW YORK) Perhaps he was an aerialist in another incarnation, because Pete Sampras not weighed down at all by his baggy shorts and graphite
      NYT; REUTERS  -  459 words
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    • 170 8 JHHyI nBK* A MID-AUTUMN CELEBRATION WITH OUR MANDARIN MILLENNIUM MOONCAKES 27 August to 24 September 1999 Telephone Hotline: 835 4220 <S> sp"-" 4raalßaniiK Majtdarui Singapore 333 Orchard Road. Singapore 2 ***** I '.tinr W: 737 4411 fax: 732 2361 cuisihg: IFHn lif 1111. Thay alto wont to im his Trufflas,
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  • Page 8 Miscellaneous
    • 1175 8 CRYPTIC CROSSWORD 1 Constructed defence against Lh impact by most Tories, for ex--5 Terrible clue: "In accoun- J 1 J I tant's vessel" (7) hJ mi 9 Liverpool's a poser, H 10 Stay of execution due to sixth sense in procedure (7) JHHTH|| 11 Promise, subject to gross re- -P®!———
      1,175 words

  • MALAYSIAN CAPITAL CONTROLS: ONE YEAR ON
    • FACT FILE
      • 102 9 ♦For ringgit assets held for less than 12 months: proceeds from their sales have to be credited to specially denominated accounts, called external accounts. These are ringgit accounts held by foreigners either in Malaysia or overseas. Funds held in external accounts in fixed deposit form:
        102 words
      • 204 9 ♦Controls which forced principal amounts of capital, excluding foreign direct investments, to remain in the country for one year from Sept 1, were replaced by a system of graduated levies, with the exit tax declining the longer the principal is kept
        204 words
      • 46 9 ♦Retail exchange rate of the ringgit: fixed at 3.7700/3.8300 per US dollar for telegraphic transfers and 3.7600 for overdrafts. Maximum spread between buying and selling for US dollar, Deutschemark, sterling, yen, Hongkong dollar and Singapore dollar: plus-or-minus one per cent from the middle rate.
        46 words
      • 39 9 ♦Foreign exchange transactions and contracts for sales of securities executed before Ipm (0500 GMT) on Sept 1,1998, settlement only allowed to be effected until Sept 9,1996. After that, settlement of ringgit trades no longer honoured.
        39 words
      • 16 9 ♦Exports and imports: All settlement in foreign currencies only.
        16 words
      • 17 9 ♦Domestic credit facilities to non-resident correspondent banks and non-resident stockbroking companies are not allowed.
        17 words
      • 96 9 ♦From Oct 1,1998, travellers allowed to import or export not more than 1,000 ringgit per person. No limits on import of foreign currency. Resident travellers: permitted to take out maximum of RMIO.OOO or its foreign currency equivalent. Need Bank Negara approval for amounts in
        96 words
    • 1477 9  -  Supporters point to growth figures, detractors highlight fall in FDI, but there's agreement that curbs can't go on indefinitely By] Eddie Toh [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad has maintained the ringgit peg and shielded it from volatility with the one-year-old regime
      Compiled by GK Goh and BT  -  1,477 words
    • 1135 10  -  Move will curb net outflows of foreign funds from Malaysia when capital exit tax is eased From Ruth Wong in Kuala Lumpur Foreign funds have begun pulling out of Malaysia ahead of Wednesday's easing of capital controls since early July, statistics show. This is reflected
      FILE PHOTO; Compiled by BT  -  1,135 words
    • 700 10 Events leading up to capital controls and their impact Malaysia has chosen to become a heretic, a pariah if you like Mahathir Mohamad, Prime Minister, Sept 1998 The effect on the economy will be disastrous George Soros, international financier, < Sept 1998 6 In judging the Malaysian
      700 words
    • 862 10  -  Success of bank mergers, sale of bad loans by Danaharta depend on continued recovery: analysts From, Diana Oon Abdullah in Kuala Lumpur MALAYSIA has moved aggressively to overhaul its banking sector which was ravaged by the Asian economic turmoil but while some positive signs have
      Source: Bank Negara  -  862 words
    • 390 11 'It was a way of buying time; we can never be sure if the problem has gone away completely, but it did give the government time to engineer economic recovery in the hope that things will fall into place. Speed was the essence when dealing with the
      390 words
    • 1115 11  -  By Yang Razali Kassim [SINGAPORE] It was May 1997 and Prime Minister Mahathir Mohamad was planning his firstever vacation. Currency speculators were beginning to attack the Thai baht, while at home attacks of another kind poison pen tetters were aimed at
      1,115 words
    • 825 12  -  COMMENTARY KL faces challenge of fall in corporate investment, sluggish bank lending By David Roche The writer is president and global strategist at Independent Strategy. Malaysia is supposed to return to the global economic fold on Sept 1, when it partially relaxes the
      825 words
    • 1000 12  -  COMMENTARY BTsla's strong Q2 growth data have silenced some opponents but capital controls are unlikely to be removed or revamped In the short term as the country continues Its reforms By Zainal Aznam Yusof The writer is deputy director general of the Institute of Strategic and
      1,000 words
    • Article, Illustration
      1064 12  -  CRISIS WATCH While capital controls are hailed for BTsla's economic turnaround and reforms, success is hard to define without some means of comparison By Vikram Khanna ONE year on from the imposition of capital controls by Malaysia, many observers still can't seem to work out whether this
      AFP  -  1,064 words
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      187 words




  • BUSINESS IT
    • 627 13  -  NCB is wooing global players and pushing to increase the user base By\ Kenneth James [SINGAPORE] Businesses on SingaporeONE have been meeting with key global players in the US and elsewhere, following aggressive new initiatives by the National Computer Board to boost usage of the
      627 words
    • 468 13  -  This is so despite the move of its AsiaPacific HQ to Sydney By' Toh Han Shih [SINGAPORE] Although Cisco Systems recently chose Sydney as its Asia-Pacific headquarters, the US giant will continue to invest in Singapore as an important hub, newly-appointed Cisco AsiaPacific senior
      CHRIS LOH  -  468 words
    • 230 14 Bloomberg [PALO ALTO, California] Sun Microsystems Inc, the No. 4 maker of server computers, said its top executives will unveil the "next piece" of its Internet strategy tomorrow in New York. Chairman and chief executive Scott McNealy, president Ed Zander and
      Bloomberg  -  230 words
    • 516 14  -  Four broad thrusts to generate that 'pulsating excitement' By' Toh Han Shlh [SINGAPORE] Singapore needs buzz to be an electronic commerce hub, National Computer Board (NCB) chief executive Michael Yap said. He laid out several broad initiatives to generate that buzz, when
      516 words
    • IT TAKES
      • 63 14 GERMAN software giant SAP AG has appointed president and chief executive officer of SAP South Hayman (right) to SAP's extended management board. With his new appointment, he will represent the Asia-Pacific region on the SAP board. The announcement comes in the wake of SAP's realignment
        63 words
      • 65 14 HEWLETT-PACKARD Far East and 3Com Corp said they will provide Asia-Pacific customers with PC stability by bundling the same network interface cards (NICs) throughout the life of the latest HP Vectra desktop models. Customers buying Vectra PCs can now be assured of receiving
        65 words
      • 52 14 HEWLETT-PACKARD has announced an "integrated learning programme" that offers companies an environment to help employees expand their competencies quickly. It will also hold an "Education Day" here on Sept 7, as well as seminars on "Integrated learn ing environment for the next millennium". For details, go
        52 words
      • 39 14 A THREE-DAY Computer Telephony Asia 99 exposition will be held in Kuala Lumpur from Nov 2. Topics covered at the conference will include call centre solutions, IP telephony and unified messaging. For details, e-mail beatrice@mfsb.po.my.
        39 words
      • 34 14 MICROSOFT Corp said its professional support offering now lets Microsoft certified solution providers (MCSPs) and value-added providers (VAPs) access 24-hour phone support on business critical issues. For details, fax *****88.
        34 words
      • 55 14 A TWO-DAY Internet Commerce for the Enterprise (ICe) conference will be held at the Singapore Expo from Sept 21. It will cover topics such as strategies for reducing the risk of Internet commerce, how to overcome the Internet anxiety syndrome and video-linked advertising systems for e-commerce. To
        55 words
      • 55 14  -  Compiled by, Andrew Wee IN OUR report on "Fujitsu launches two new Plasma displays" on Aug 16 in BusinesslT, we reported that Fujitsu manufactures display systems for NEC and other vendors, based on information provided by Hagemeyer Singapore Pte Ltd. NEC has clarified that Fujitsu does not
        55 words
    • 606 15  -  By Andrew Bond-Webster The author is president, Equant Network Services, Asia-Pactfic FIVE years ago, the Internet was barely a consideration to the business community in Asia. But thanks to the development of a set of standards called Internet Protocol (IP), corporate users today
      606 words
    • 167 15 Reuters [BEIJING] China's central bank has shrugged off reports of potential millennium bug problems at state commercial banks, saying last week that two nationwide Y2K tests this year had cleared major obstacles. A spokesman for the People's Bank of China said that banks had
      Reuters  -  167 words
    • 270 16  -  IV Toh Han Shih [SINGAPORE) Asia is educating itself for the Internet revolution. The United Nations Development Programme (UNDP) and Cisco Systems have set up academies to train people in the Internet in nine developing Asian countries, Cisco Asia-Pacif-ic senior vice-president
      270 words
    • 293 16  -  The $369 device is targeted at the young consumer looking for style By\ Raju Chellam [SINGAPORE] Palm Computing Inc, a 3Com company, last week launched a new palmtop organiser targeted at the young consumer looking for a stylish and affordable PDA (personal digital assistant). The
      293 words
    • 271 16 Reuters [TAIPEI) Taiwan computer group Acer Inc last week sealed a strategic alliance with Cisco Systems Inc, a move that would enable Acer to expand its business horizon to networking. Under the deal, Acer and Cisco would jointly develop and market products operating with Cisco's
      Reuters  -  271 words
    • 185 16 New York Times [WASHINGTON] The Justice Department is proposing legislation that would make it easier for law enforcement agents to thwart computer encryption programs that they believe are being used to cover up crimes, department officials said recently. The legislation, which the department has
      New York Times  -  185 words
    • 372 16  -  Shipments for Asia hit 210 million units last year By. Andrew Wee [SINGAPORE] The Asia-Pa-cific region is expected to account for 30 per cent of global smart card volume by 2004, up from 19 per cent this year, according
      Source: Frost & Sulivan  -  372 words
    • 419 17  -  All three models are designed, developed and manufactured in Singapore By, Andrew Wee [SINGAPORE] Compaq Computer will launch three new notebook computers, the Armada E3OO, Armada E7OO and Armada M7OO in Singapore later this week. "Our vision for portables is to enable customers
      419 words
    • ON THE SHELF
      • 78 17 IBM has introduced a new line of ThinkPad i Series notebook computers with enhanced multimedia facilities. The new models come with IBM's all-in-one design for quick access to multiple media resources such as hard disk, floppy disk or CD-ROM, while eliminating the need for cabled
        78 words
      • 95 17 NORWAY-BASED Ask Proxima has announced two new multimedia LCD ultra-portable projectors. The Cl Compact and the C 5 Compact (right) weigh 3.7 kg each, are housed in a low-profile durable casing, and can support video, multimedia, Internet, Mac and PC. The Cl costs $7,900 and offers
        95 words
      • 73 17 NETHERLANDS-BASED Exact Software is adding three new modules to its Exact Globe for Windows ERP (enterprise resource planning) solution—Exact Online Financial Reporting, Analytical Accounting and E-Sales. The first module costs $4,000 and integrates Microsoft's Internet Explorer, Excel and Exact Globe for Windows. The second module costs
        73 words
      • 70 17 ADVANCED Micro Devices Inc has introduced its 7th-generation microprocessor, the AMD Athlon. Formerly code-named AMD-K7, it is available in speeds 0f500,550 and 600 MHz. The Athlon is xB6-compatible and "the industry's first fully pipelined, superscalar floating point unit for xB6 platforms", AMD said. The 500 MHz
        70 words
      • 55 17  -  Compiled by Raju Chellam COMPAQ Computer has launched new Deskpro desktop computers running on Intel's new 466 MHz Celeron processors and the Intel 810 chipset. The Deskpro EN Series and the EP series come with high levels of graphics and audio integration with prices starting at
        55 words
    • 227 17  -  By Raju Chellam [SINGAPORE] HewlettPackard Company has announced two new lines of Pavilion PCs targeted at home users, students and small offices seeking strong multimedia capabilities. Both lines are made at HP's Singapore facility for the entire Asia-Pa-cific region. The two new
      227 words
    • 308 17  -  By Wong Mei-Hwen [SINGAPORE] Home-grown Asiasoft (S) Pte Ltd, which provides document management and workflow solutions, will use a form processing technology developed by Kent Ridge Digital Labs (KRDL) and incorporate it into Asiasoft's Aware Forms product line. Form Master scans and
      308 words
    • dot com
      • 1305 18  -  With its roots in multi-lingual search software, Singapore was a better choice, Buzz City CEO tells jummu'EK. t.wm JENNIFER LIEN BUZZCITY is a young, homegrown Internet company with global dreams. So why has the Kent Ridge Digital Labs (KRDL) spinoff set up shop on
        CHRIS LOH; Source: BuzzCity  -  1,305 words
      • Briefly.com
        • 76 18 GLOBAL gift and handicraft Internet trade show 99, which is claimed to be the first cyber exhibition for the international gift and handicraft industry, showcases companies offering a range of gift ideas and art and craft works. The organiser, axpo.com, says that Internet trade shows
          76 words
        • 65 18 ACCORDING to Yankee Group forecasts, China is expected to be the leading Asia-Pacific nation with 40 million Internet users in 2001 and should surpass the United States with the most online users by 2005. The increase in the number of Asia-Pacific Internet users
          65 words
        • 58 18 THE American Chamber of Commerce in Singapore (AmCham) has added online ordering of its services and publications as well as 128-bit encryption technology to its Web site at www.amcham.org.sg. The design of the revamped Web site was implemented by a team of four students from Hwa
          58 words
        • 56 18 YAHOO! launched its digital music and movie site at digital.broadcast.com last week, working with partners such as the Internet Underground Music Archive (lUMA), Liquid Audio and Emusic.com. Yahoo joins companies like Lycos Inc, Microsoft Inc and Real Networks Inc who are aiming to be leaders
          56 words
        • 52 18 MICROSOFT Corp is developing a successor to its Windows 98 operating system, code-named "Millennium", scheduled for release next year. Targeted at the consumer and home market, Millennium will satisfy home users' requests for rich graphics for games, Internet browsing, as well as the TVs and
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        • 79 18 ACCORDING to research firm PC Data, teenagers aged 13 to 19 represented a large part of online shoppers in May this year. PC Data estimates that out of 30.7 million online shoppers who visited at least one of the top 200 Internet shopping sites, teens made
          79 words
        • 28 18  -  Compiled by. Andrew Wee DIGISAFE is organising a seminar on "Understanding security issues in e-commerce applications" on Thursday. Admission is free. For details, e-mail info@digisafe.com.sg.
          28 words
  • Page 13 Advertisements
    • 244 13 S'pore e-oommerce'needs more buzz', Page 14 Afi I here thinkpad. 3 1 f 1 1 s I -3 B 2 f i d) g y i. i I ■> (©e-business tools introducing the I Pentium II thinkpad 570 and with every thinkpads7o purchased, the clik! drive, fr0m54,999 1 ,hin up
      244 words

  • Page 14 Advertisements
    • 308 14 W#W www.you-can-do-more. com .sg Y2K'S coming. Don't just sit there. m t'l ,ri u jii|«fr,ffi^B^^BPMy^ fl V^T jEsSf*' jS uu Bs*a* -.r^ It'll be the end of the world if you lose your data. And that could come with the new millennium, or computer /g»a^BsCT^ IBiTTla crashes, or accidental deletion,
      308 words
    • 5 14 Strait Talk TheßimnessTimes Shipping Times
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  • Page 15 Advertisements
    • 117 15 C©ME www.you-can-do-more.com.sg ttW&\ -'^fei.-.^c&',- iiili r* 3C "Hy*MMmMkJt. fj&Bß^^^^M -v ~-i§ fet, ft >* J Jr ,v 5-V* 'jf -v«KI: >■• v>% x > jp aF I r ..^'.**Sty .-yjfel -jra- $&£m jlH^^Hi^Hi i &f£** "J* Jp y>» j jl jjj j^j BROKAT makes business E-POSSIBLE™ ©The BROKAT Twister platform
      117 words
    • 273 15 in tne neu millennium 1 2 September 1999 (Wed Thurs) Singapore International Convention Exhibition Centre (Ballroom, Level 2) ■Kl FREE Exhibition opens daily from 11:00 am to s:3opm INTERNET BUSINESS 00 [a 4 Vj» mimM KEYNOTE Gerry Holier The Wired Economy SPEAKERS Creating the Most Efficient Market of Them All!
      273 words

  • Page 16 Advertisements
    • 229 16 Tm)AY www.you-can-do-more.com .sg Exact can implement a ,01C 11C0 midrange ERP solution for you. Specifically designed to help accelerate the growth of small and medium size organisations, our solution paves the way to higher productivity and profitability within weeks, instead of months or years. Our software is modular, affordable, reliable,
      229 words
    • 129 16 2nd September, 1999 (Thursday) Sheraton Towers 39 Scotts Road, Singapore 228 230 I.oopm Registration 2.55pm Tea Break 1.30pm Welcome Address 3.30pm "VPN Deployment Methodologies" Mr Neo Kok Beng Mr Benjamin Lee President IT Security Consultant DigiSAFE Re Ltd DigiSAFE Re Ltd 2.00pm "Security Architecture in E-Business" 4.15pm "Introduction to CA"
      129 words

  • Page 17 Advertisements
    • 606 17 13 tOSt gizmos and r high-tech Qtarl wld I salivating. Exhibition Opening Hours DONT MISS THESE OTHER EXCITING ACTIVITIES Date: J 1 September 1999 12pm spm 2 September 1999 10am 7pm Microsoft Gaming Zone: Play and preview the brand-new Age of Empires Brought to you t»r 3 September 1999 10am
      606 words


  • COMPANIES & MARKETS
    • 650 19  -  More listed firms making cash calls and focus on market efficiency is growing Wong Wei Kong [SINGAPORE] Any move to speed up the listing of rights shares in Singapore cannot come sooner, given the increasing number of listed companies making cash calls and
      BT, Aug 7  -  650 words
    • 186 19 Bloomberg (KUALA LUMPUR] KFC Holdings said two of its new directors have taken over the company, ending a four-way tussle for control of the fast-food chain. KFC said Izhar Sulaiman and Abdullah Omar, who were named directors on Aug 13, bought 47 per
      Bloomberg  -  186 words
    • 658 19  -  HAMO SEMO INSIGHT Encouraging 0.5% growth In Q2 but survey shows considerable caution remains in business community By Quak Hiang Whai AFTER more than a year of disappointment, the Hongkong economy finally delivered some encouraging news. Reversing a 15-month downtrend,
      658 words
    • REGIONAL COMPANIES
      • 525 20 The 1999 half-time reporting season is now into its seventh week. We reproduce below all the 22 interim corporate results that were released last week. They were from companies with Dec 31 as their financial year-end. Group results for the six months
        525 words
      • 479 20  -  Portfolio gains 2% but loses out to STl's &2% rise; banks are best performers By Wong Wei Kong [SINGAPORE] Blue chips, which had led the market out of its recent correction, consolidated last week as institutional buying slowed due to
        479 words
      • Article, Illustration
        145 20 Source: Da BT blue-chip portfolio AUG 27 DAILY 52-WEEK CLOSE AVGVOL HIGH LOW (s$) raoo) (s$) (s$) City Developments 10J0 3,315.2 12.30 2.60 Creative Technology 17JO 63.5 30.30 14.10 Cycle Carriage MO 234.3 10.90 215 DBS Land 3.74 8,724 3.82 0 90 DBS (F) 23.10 1,399.2 23.10 5.05 Fraser Neave
        Source: Da  -  145 words
    • COMPANIES
      • 603 21 Stake in unit would gain distribution for its movies and TV shows in Europe Bloomberg [LONDON] News Corp, the media company run by Rupert Murdoch, said it's interested in bidding for Deutsche Telekom's cable-TV system, the largest in Europe, as it seeks new distribution
        Bloomberg  -  603 words
      • 557 21 Bloomberg [WASHINGTON] The Nasdaq Stock Market said it plans to seek a change in regulatory status so it can offer trading in some New York Stock Ex-change-listed securities, including General Electric Co, AT&T Corp and International Business Machines Corp. Nasdaq's application to
        Bloomberg; FILE PHOTO  -  557 words
      • 356 21 Carrefour, Promodes deal could be cash bid or share swap Reuters [PARIS] Two major French retailers, Carrefour and Promodes, plan to announce a merger this week to create the world's second biggest retail chain, the daily Le Figaro reported last Saturday. The
        Reuters  -  356 words
      • 222 21 CBOE started with Dell options; will also list Microsoft, others Bloomberg [CHICAGO] A fortnight ago, the United States' four options exchanges got into a tussle over Dell Computer Corp options. Today it's war. The Chicago Board Options Exchange (CBOE) escalated the conflict Friday morning,
        Bloomberg  -  222 words
      • 425 21  -  Nat Steel's Xiamen unit to start building rolling mill next year From 1 Teh Hooi Ling in Xiamen SOUTHERN Nat Steel (Xiamen), in which listed NatSteel has a 40.68 per cent stake, plans to invest up to US$l2O million (*****.7 million) to expand its facilities
        425 words
    • FINANCE & COMMODITIES
      • 698 22 Ruling by regulator ends 6-month battle; banks could become takeover targets Bloomberg [PARIS] Banque Nationale de Paris SA was unexpectedly refused regulatory clearance to keep its minority stake in Societe Generale SA, sparking speculation that two of France's biggest banks could
        Bloomberg; REUTERS  -  698 words
      • 442 22 Wall St bear's recent calls clashed with more bullish views Bloomberg [NEW YORK] One of the bigger bears on Wall Street, Merrill Lynch Co chief investment strategist Charles Clough, will leave the largest US brokerage firm at the end of the year, the company
        Bloomberg  -  442 words
      • 415 22 Fund manager loses one-fifth of mntnal fnnd assets in Japan Bloomberg [TOKYO) Goldman Sachs Group has lost one-fifth of its mutual fund assets in Japan this year as investors withdrew money from its mainstay bond funds and turned to rivals' equity products. Goldman's
        Bloomberg  -  415 words
      • Article, Illustration
        1848 22 PRIME LENDING RATES banks ABN Amro Bank HV 5V« ABSA Bank Limited 6Vk Agricultural bank Of China 6 ANZ Banking Group 6Vi Allied Irish Bank PIC 5 American Express Bank 6 Arab Banking Corp 7Vk Arab Bank FIX 5v* AsaW Bank Ltd 6Vk Ban Hln Lee Bank Bhd 6 <4
        1,848 words
      • 241 22 Dow Jones [BEIJING] Two overseas banks signed deals last week to receive one-year loans in the Chinese currency as part of the latest step to ease open China's financial sector. The Shanghai branches of Citibank, a unit of Citigroup Inc. and
        Dow Jones  -  241 words
    • COMMODITIES & FUTURES
      • 557 23  -  SI MUX Weeklyßoundup Hiroko Komiya S&P MMS Singapore This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] Last week's decision by the Federal Reserve to raise interest rates by 25 basis points, along with a neutral policy
        Source: Simex  -  557 words
      • 858 23 COMMODITY Weeklyßoundup AFP [LONDON] An oil price rally showed signs of abating last week amid growing anticipation of an end to the coordinated output squeeze by producer nations responsible for doubling prices this year. A weekend meeting between
        AFP; Source: Bloomberg  -  858 words
    • 1843 23 SICOM FUTURES Aug27 RUS8CR (W«m ctosMq n «t 5.30pm) RSS1 cwtVty) Close Vote*# Open Morth Wqfc Low Sett (tonnes) Interest S«p 99 90.00 Oct 99 93.25 1200 Nov 99 94.75 300 DK 99 97.25 300 Jan/Mar 00 101.25 300 Apr/Jon 00 104.75 Jtf/Sop 00 107.75 RSS3 CONTRACT (UScmte/kf)
      1,843 words
    • MARKET REVIEWS
      • 878 24 Q Sydney -W A BARRAGE of domestic data indicates a volatile week ahead for Australian markets, brokers said. "Financial markets are confused," said Colonial State Bank chief economist Craig James. "Further, despite the raft of statistics in the coming week, the picture does not look like getting
        878 words
      • 284 24 HONGKONG Reuters HONGKONG stocks were forecast to stage a solid rebound this week, propelled by a report of surprisingly good economic growth and overcoming a small rise in local interest rates. "The headline figure is obviously quite good and I think
        Reuters  -  284 words
      • 601 24 NEW YORK Markets shrug off Fed rate hike, bnt Greenspan's comments make traders cautions AFP, Reuters WALL Street hit a new milestone last week as the Dow Jones Industrial Average reached a new record, but the blue-chip index ended the week almost
        AFP,; Reuters; FILE PHOTO  -  601 words
      • 307 24 LONDON AFP THE London stock market gained from the records seen on Wall Street last week to rise to the highest level for more than a month. The FTSE 100 Index of leading shares rose by 194.4 points, or 3.15 per
        AFP  -  307 words
      • 525 24 TOKYO Investors seen reluctant to take positions ahead of GDP figures Reuters TOKYO stocks are expected to trade in a relatively tight range this week, with any gains limited by the stronger yen and expectations of economic recovery in Japan discouraging any major
        Reuters  -  525 words
      • 1894 24 □Paris +170.71 FRENCH stocks closed higher, reversing an early attempt at consolidation with strong retailers in the spotlight. The CAC-40 Index closed up 13.34 or 0.29 per cent at 4,642.71, piling gains for the sixth straight day. The rise on the week was 170.71 points. Sentiment remained
        1,894 words
    • KUALA LUMPUR STOCK MARKET
      • 462 25 Reuters, AFP n Composite Index +L4l STOCKS are unlikely to plunge on Sept 1 despite longstanding fears that foreigners will withdraw investments when an exit tax ends. Analysts said many foreign investors have withdrawn the principal of their portfolio investments ahead of Wednesday,
        Reuters,; AFP  -  462 words
      • 8930 25 INDUSTRIALS Consumer products <999 Last Vol Week Net Cap M»9»> Low Company Salo '000 High Lea P/E Jmll 440 255 Ajinomoto 320 1 320 320 20.3 >29.7 174 46 Angkasa 112 7 930 120 106 165.1 404 220 Apollo rood Hit) 318 4 61 336 316 11.1 127.2 294 115
        8,930 words
    • WARRANTS & OPTIONS
      • 2860 26 Week ended Aug 27 BONDS, LOANS i WARRANTS 52 Wk Last Vol Wart Last Ouota Avq High LOW Stno Company Sal* COOO) High Law Buyer Sailer Price 104 3 s 3160 "Acer W*****1USS 55.5 »3.5 2852 63.5 51 55 56 80 4.5 s 3164 Acma W*****4 41 *1 1610 48
        2,860 words
      • 201 26  -  WARRANT WATCH -By R Sivanithy AS Sept 1 approaches, most investors will be watching Malaysia closely to see if the expected capital outflow really takes place. For some though, this might present a buying opportunity and for those who want to park some
        201 words
      • 228 26 HONGKONG STOCKS Gf Cf 52-Wk Loot Vol «Ht Lost Ouoto 0<« Dlv Yld N*t MCk Ht» Low Stnc Company Solo COOP) High Low Buyoc Shot CV P/C Smtl 365 173 S123 CDL (2000) HK 280 cd *7.5 68 285 280 275 8 3.7 2.9 9.5 5539.6 5124 Cotfioy
        228 words
    • 6661 27 Week ended Auft 27 Or Or M W« 52-Wk Last Vol Week Last Ouott Dlv Dl* VM N.« Cap A»g L— StWa Clim) Sala COOO) High Law Buyer Seller C'vr H P/E $mN Prtca MULTI-INDUSTRY 182 175m b 1000 Acma50c 130 *1 1004 138
      6,661 words
    • 1455 27 Or Or mm I99S LMt Vat iMt Lnt Ouota Mv ON YM Nat Cap Avg L— «tw» C !■>>■< Mi COOOl *0) U» Buyr Cw Wl >— Wn MANUFACTURING 218 43 c 2049 AS Auto 10c 200 *12 2307 202 182 200 201 10 N 05 228.4 193 '37
      1,455 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        553 28 Source: JM Sassoon Stocks VotHRM •Genting Int 244.926,000 Asia FoodiProp US$ 193,422,000 Golden Aqri USIOc 146,729,000 Hotung Inv NT5 126,135,000 Eagle Brand Hldgs HK75c 104,968,000 IPC Corpn 5c 80,277,000 Or agon land 10c 76,950,000 Roly IntUSlOc 67,251,000 LionAsiapac25c 64,392,000 Goldtron 20c 57,820,000 Stocks City Dev 50c 171,002,982 DBS Land 168,696,942
        Source: JM Sassoon  -  553 words
      • 640 28  -  THE WEEK AHEAD Market's direction rests in the hands of those who generate liquidity in these stocks; also expect return of rotational plays By R Sivanithy TO say that US Federal Reserve chairman Alan Greenspan has an annoying tendency to speak
        640 words
      • Article, Illustration
        66 28  -  By Wong Wei Kong GES International shares rose nine cents last Friday to $1.72 on a volume of 5.08 million shares, compared with its 10-day traded average of 8.27 million units. The daily and weekly RSI, Stochastics and MACD charts still look promising, and if there is a
        66 words
  • Page 19 Advertisements
    • 49 19 f f Chesterton congratulates the 43 owners V- of Kim Keat Mansion, Limau Mansion and Samford Mansion on the success of their en bloc sale by private treaty. 5 TEMASEK BOULEVARD #07-02 pi j SUNTEC TOWER 5 S'PORE *****5 A INTERNATIONAL email: chester@singnet.com.sg TEL 221 8288 FAX 225 7537
      49 words
    • 47 19 B V LG A R I The Solotempo watch. Alto available with leather (trap. From SS 2.000 Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 73S 6689 and: Dickson Watch Jewellery, The Promenade 732 8900 Centrepoint 734 5822 Suntec City Mall 336 4871
      47 words

  • Page 20 Advertisements
    • 944 20 BankVVustria Aktiengesellschaft I Assets 1998 1997 Liabilities and Shareholders' Equity 1998 1997 I in ATS m in ATS m in ATS m in ATS m B 1. Cash in hand, balances with central banks U Amounts owed to credit institution. 586.583 616,202 I and post office banks 12,617 12,480 repayable
      944 words

  • Page 21 Advertisements
    • 952 21 BankVVustria Creditanstalt International ESnSBBDBIIHSffiIHHHHIHHIIBi |2SSSSE3S3!3EQCBSiSSCESHBHHHHmi^HIi^IHH Assets Opening Liabilities and Shareholders' Equity Opening u,i n< t _i,„ r balance sheet shcct 31 Dec. 1998 1 Jan. 1997 31 Dec. 1998 1 Jan. 1997 in ATS 1,000 in ATS 1,000 in ATS 1,000 in ATS 1,000 1. Amounts owed to credit institutions
      952 words

  • Page 22 Advertisements
    • 201 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF F K DELVOTEC BONOTECHNIK SINGAPORE PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap 50 that the Final Meeting of Members of the
      201 words
    • 92 22 J Jk Exclusive Colonial 1 T ai 1 1 Come for a 2 Sessions Massage enjoy one of these FREE! *$15 OFF J 'FREE Massage (25 wins) I 'FREE Foot Reflexology [40 mms) I (10.30 am to 3 00pm I FREE! $20 Cash Voucher J FREE! Car Wash ilevel 6)
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  • Page 25 Advertisements

  • Page 26 Advertisements
    • 32 26 pi wp^^WW— Personal Finance Unit Trasts Property V Stocks Epicure Style f •Motoring •Travel Every Friday f executive ...in THE BUSINESS TIMES. /*-hr> £-fh llr* A must-read J for your long weekend.
      32 words

  • Page 27 Advertisements
    • 79 27 %J- X «fc < L- c de depuis j' MB DEM A R S P IGtJET 1 Cortina Watch Centre AVAILABLE AT: SINGAPORE: Cortina Watch Centre Pte Ltd Raffles City #01-36 *****85 Lucky Plaza #01-32 Tel: *****68 Millenia Walk S&»wf00BS a Srrvtt« MARS PlO't-r (SfNOAPOREi Private L IMP'Ki #01-63/64 Tel:
      79 words
    • 16 27 01 Your weekly «uM« to pubs and lounges tvery FrMay ia Tho Now Papor Fastatf FaStefOS >
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  • Page 28 Advertisements
    • 543 28 NOTICES To advertise cail toll-free 1800-741 1883 Fax No: 741 1298 MSP STEEL WORKS LTD (IN VOLUNTARY LIQUIDATION) 5 JALAN BESAR, #05-01. SINGAPORE *****5 TEL *****33 FAX *****00 NOTICE IS HEREBY GIVEN PURSUANT TO SECTION 308 OF THE COMPANIES ACT CAP. 50 THAT A FINAL GENERAL MEETING OF THE COMPANY
      543 words
    • 214 28 BUANA MARINE PTE LTD (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING Notice is hereby given that pursuant to Section 308 of the Companies Act (Chapter 50), a Final General Meeting of the Members of the abovenamed company will be held at 112 Middle Road #0703 Midland House
      214 words
    • 498 28 DBS investor Online. You've read about it, now hear us on Newsßadio 938, Mon Fri, from 8 22a.m. 88 DBS BANK IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GAC ASIA-PACIFIC PTE LTD (In Members' Voluntary Winding-Up) RESOLUTIONS PASSED ON 26TH DAY Of AUGUST
      498 words
    • 396 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SONOTRON ULTRASOUND PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) of
      396 words
    • 218 28 —AW A -J* >0- A 'llLOnonnrl Qll. iIL "uur aaugnter was reunited witn ner aog on the very day the ad appeared!" Mrs Christine Low... "Business picked up after we advertised in Classified. It really works!" Trevor Koh... "It's no secret that The Straits Times Classified is the key to
      218 words

  • SHIPPING TIMES
    • 283 29 Contributed by Simpson Spence Young THE dry bulk market continues to dominate the news, especially the handy/handymax sectors, with a number of ships being sold or inspected. Vessels sold for further trading BULKGAUUEB& Success Bulker: 64,120 tdw bit 81B+W reported sold region U555,500,000 to Greek buyers. Kanev: 35,271
      Contributed by Simpson Spence & Young  -  283 words
    • 271 29 *mtr v- w CWT Distribution 1.30 -0.01 t3 ChuanHup 1J8 0.04 T765 Cosco investment—tJO inch 47 FrrtuM Links 0.38 0.01 2017 08lfa<n+i 0.96 -401 7 Hal Sun Hup 0.74 -0.01 761 IMCHpWngr-HK —160 unch 0 Jay* Holdings 103 unch 127 JuroooSNpv»ra 7.90 -0.10 134 KappalCorp SAO a 10
      271 words
    • 343 29  -  They make themselves available for emergency operations at sea through Amver By Marcus Hand [SINGAPORE] Some 46 local shipping companies have received recognition for their part in the worldwide maritime safety network Amver, which saved 238 lives at sea last year. The US
      343 words
    • 193 29 [SINGAPORE] Shipping lines in the trans-Atlantic trade are to increase rates for dry and refrigerated containers on the westbound Europe-US trade from Oct 1 to combat a trade imbalance. The eight member lines of Taca are to increase westbound rates by US$l5O (*****.50)
      193 words
    • 235 29 [OSLO] NCL Holding ASA, the world's fourth-largest cruise-line operator, said one of its ships will be out of service until Oct 11 after colliding with another vessel in the English Channel, adding that the crash will lead to losses of between US$l.2 million
      235 words
    • 536 29  -  DOCKYARD By Marcus Hand SINGAPORE'S major shipyards have generally seen an upturn in the first half of the year with the two biggest, Jurong Shipyard and Keppel Hitachi Zosen, both reporting improved interim performances. However, in the longer term, cost
      536 words
    • 502 29  -  Singapore Craise Centre may not be able to cope with surge in passengers By\ S Shivani [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) is looking into the viability of building another cruise centre in Singapore within the next
      ARTHUR LEE  -  502 words
    • 716 30 THE NEW MILLENNIUM Pacific island nations, cruise ship operators promoting millennium celebrations to attract tourists NYT I WASHINGTON) WHEN the year rolls over from 1999 to 2000, many time travellers will want to be there first. So cruise ships and some small island nations are
      NYT; FILE PHOTO  -  716 words
    • 312 30 PACE Eng Lee 13 ANl 3 ESPlines 13 AASCO 12 green f> ft Accord 8 'oongSun 8 Ahrenkiel 14 FroU 13 Appenship 5 Frt Links M Austral 8 Avant 14 Gemartrans 6 B'tanq Mas 8 &«ishpq 13 BSA 7 GIOTY NW 14 BTL 14 HaiSunHup 12 Balaji
      312 words
    • 20811 37 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number 10/04 n/IO NGPL CHANCSHA V4SA *5 *****00 To ABIDJAN (ABJ) 2003 Cote D'lvoire n/09 02/10 Austral cape nelson v.iss9 *5 *****22 07/09
      20,811 words
    • SHIPPING GUIDE
      • 538 43 Vessel Voy No Berth Arrival Departure Jn«H Port Moonvazs *****9 J09 29-06-1020 0109-23:00 C Process 0 J10 29-06-9:00 2906-15:00 tt Mm Gt6 S7 0 *1 29-0812 00 29-08-23:59 Mnus Durvt *****9 J06 29-08-12-00 29-08 20-00 Banqtap 6629 J12 29-08-18:00 *****8:00 iFondutnov *****4 JT1 *****100 30-08 6:30 Marcopolo 48
        538 words
      • 1821 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclng/IUUnc* Rstls Ship Voy Wo Etb/Btr Portod From To From AdMw *95 jvotjo u nmoo 29/1*59 nrmo a 29/1500 ivtm wwoo 2A 29/1700 M/0659 30/0900 21 29/1700 30/0*59 10/0*00 I 30/0700 30/1159 30/1400 4 30/12 0C M/U59 10/1700 «aMHn WW
        1,821 words
      • 194 43 Aug 30 United Kingdom: Summer Bank Holiday. An|3l Malaysia: National Day. Sep 1 Mexico: State of the Nation (optional). Sep 0 Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sep IS Japan: Respect of the Aged Day. Sep 10 Independence Day. Sep 23 Japan: Autummal Equinox
        194 words
      • 795 43 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the mar ket Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        795 words
      • 500 43 Carta* >80 Mu 990.0 8.1 17JS 0.09 72 0/F Ai*19 OwnltT <r«ttr Residue Ash Aiuminiun Sediment No above E25 0 110 0 380 Ave 964.8 0.4 14.0 0.07 37 0.02 t.Tc 380 Mat 1005.0 23 18.3 0.13 235 0.08 M/IT3 MAI M/M WW —fx* Wo above
        500 words
    • AIR & LAND TRANSPORT NEWS
      • 627 44 All five major concerns of nnion addressed by US planemaker Reuters [SEATTLE] Boeing Co and its largest union reached a tentative agreement on a new three-year contract on Saturday, averting a likely strike that would have idled 44,000 of the aerospace
        Reuters; REUTERS  -  627 words
      • 341 44 Bridge News [EVERETT, Washington] The Boeing Co could make a decision on enlarging its existing 747 by early 2000 if it sees sufficient interest, an executive at the aircraft manufacturer said. But he emphasised that Boeing has not yet seen enough demand to make
        Bridge News  -  341 words
      • 205 44 Reuters [HONGKONG] Heavy rain and safety concerns are hampering efforts to remove the scorched hulk of a jetliner which crashlanded at Hongkong International Airport a week ago, an airport official said. "Every effort is being made with work continuing 24 hours a day to
        Reuters; AFP  -  205 words
      • 237 44 Reuters [NEW YORK] Two British Airways Concorde jets flew close enough to each other near John F Kennedy International Airport to prompt an investigation by the Federal Aviation Administration (FAA), an agency spokesman said. The incident, which occurred last Thursday near the
        Reuters  -  237 words
      • 249 44 Reuters [LONDON] British Airways pic is charging its British passengers up to 190 per cent more than passengers who fly on the same long haul flights from outside the country, the Sunday Times said. Passengers living in Germany, France, Holland, Denmark, Switzerland, Sweden
        Reuters  -  249 words
      • 166 44 AFP [TOKYO] Japan Airlines Co Ltd (JAL) and Japan Air System Co Ltd (JAS) have agreed to offer joint international services from late October, a report said. The two carriers will apply for transport ministry approval this week to become the first Japanese
        AFP  -  166 words
      • 489 44 Protests from British cargo firms fall to move govt Bloomberg [LONDON] The UK government said it would not reconsider a decision to give FDX Corp's Federal Express new rights to transport cargo from Scotland to mainland Europe despite protests from
        Bloomberg  -  489 words
      • 1808 44 CITY FUCHT ETA FLIGHT ETP S0175 1830 S0176 1405 Amsterdam S0327 0745 KL838 2300 VW740 1410 CA973 0945 S024 2330 Matya! T6407 1540 M994 1505 10*37 1455 mt>3 W40 TC406 IMP Auckland N***** 2045 H***** 2045 HtkUU ATW 1735 ATW 2135 som 2045 S02t5 2045 Hrirtl«i
        1,808 words
  • Page 29 Advertisements
    • 20 29 Cruise lines selling first Y2K sunrise Pacific island nations, cruise ship operators promoting millennium celebrations to attract tourists. Page 2
      20 words
    • 51 29 Boeing, union agree on 3-year wage accord All five major concerns of union addressed by US planemaker, averting a strike BaokPage Ahoy! I Europe. I Sailing schedules from Amsterdam to Zurich. 2 4 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered t>v SHimViTIAIKS
      51 words

  • Page 30 Advertisements
    • 1297 30 1 NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS 1 SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST Of CENTRAL AMERICA (MAROARITA SERVICE) vtssa VOT pSsSHT™» liongkach onus HOUSTON oauso IWW TOM Imncoon vissa i vot s» 1 PtoumAtl acajutu sanloobco cobkto rt <mmu tmummmA sauna one
      1,297 words
    • 730 30 LinBS servK»s represented HjjfSSkv by Members of the Registry of Accredited Shipping Agents. National Shipping Assoc. Members of the jj Singapore Freight Forwarders W Association. NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SERVICE) MV "ARKTIS CARRIER" V.9907 ETA SIN 31/08/99 BOOKINGS CALL MOMCA/JUUA TEL 323
      730 words

  • Page 31 Advertisements
    • 1104 31 TO EUROPE FROM EUROPE wssa VOT SIM KM Am HAW WV SOU FIT 181 IIvKSa VOT WW AW HAM HV SOU FIT UH sm MY EMPOOt 320W 30/01 14/09 11/09 11/09 15/09 »M S7K 01/01 10/01 13/01 14/00 01/09 MXAMAZOMTI 024W 02/09 25/09 12/09 23/09 20/09 HY COMMOOORE 320 C
      1,104 words
    • 1920 31 OHANJIN SHIPPING iff 1 -Sdb *****30 HAKJIN SHIPPING (S) PTI ITO Imp //mm bap com IOOKINC SAIfS *****74 731 OOOBM *****71 774 OWATWR *****5*251 MAM UK *****55 FU ***** M (i NO: lISM93OBM TO NW USA A CANADA UJA wva/vor oam 5 uMiHAa/vor T-ju-J TTW DM rax cm msp —m
      1,920 words
    • 388 31 FULLY CO NT AlN■■ I I I P PIPICATIP IHVHiI rasa w_ _sj«_ ro m sin m a us« wis |»ssa |m| s* lro lessr wr rsw I jct HOmMU m 22/ M H/OI 1 Sir I I Iffiiuift 11 Inu I* nil' MAS(MA 211 24/ M 30AM 01 AW
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  • Page 32 Advertisements
    • 1671 32 DSR-SENATOR UNES TO UK/CONTINENT TO MEDITERRANEANCANADA VESSfI VOT SM LtH BTM ANB MM BBV FU VtSStl WW SIW GIT Bft FOS AC MTW HMUMXKLUNG 0070W 27 08 ISM 1101 1101 17 00 10 01 ■NZNOOUN 0037W 20 00 14 00 I*oo 10 00 20 00 10 00 PUNJM SfNATOH 0009W
      1,671 words
    • 1039 32 Am MAC-NELS SPORE M'SIA Carrier: MN CONTR LINES, INC p. guoang ot) aanrs I ~JVy J cm NO: **********0 C S»U: (084) *****9 MANIA: (#32) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P-KELANG: (03) *****77 JKT: (21) *****46 KUCHMQ (082) *****1-3 nmw/6iMo* AUCKLAND/LYTTELTON MV "MILDBURG V.9515 Mv
      1,039 words
    • 617 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Veml S POR£ N SHEVA COLOMBO P KLANG TULSIOAS Vll3 31 AUG 17 SEP 14 SEP 11 SEP TARPON SILVER VIO3W H SEP 14 SEP 21 SEP 20 SEP CAPE CANAVERAL V.IIIW 13 SEP 21 SEP 21 SEP «3 OCT TULSIOAS V 114 M SEP
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  • Page 33 Advertisements
    • 1675 33 [vessel voy khh hkg sin pkg pob dxb dmm ba bik I IRAN SATTARI PCL-5117 25/08 27/08 31/08 01/09 11/09 12/09 13/09 15/09 17/09 IRAN TEYFOURI PCL-5118 01/09 03/09 07/09 08/09 17/09 18/09 19/09 21/09 23/09 IRAN BAAKERI PCL-5119 08/09 10/09 14/09 15/09 24/09 25/09 26/09 28/09 30/09 IRAN SHAHRYAR
      1,675 words
    • 1220 33 Sailing to Aden Hodeidah, Djibouti (Via Dubai) I I SINGAPORE S GENERAL AGENTS: 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #12-00 SALES/BIGS 4205«57/60 INWARD DEPT (D/O) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M SINGAPORE *****8 CONVENTIONAL *****50/55
      1,220 words
    • 1231 33 EUROPf EXPRESS SERVICE 'export import VESA i rPT ,Ml lflt |mi AM HA* BHV .fu VUSfi YOT ITM Mi 1 111 IW| PUNJAB SEN 000W 31,*****/09 19 .09 20. 09 21.09 23 09 25 09 KJ OSLO 00S* 05 08 10/00 ***** 29/01 Wfflnpo _T)37W 07.09 24. 26/09 27,'09 28/09
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  • Page 34 Advertisements
    • 1456 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL SGP E DIAOEM RW-007 OS/D 9 23/09 29/09 25/09 27/09 28/09 E RESULT RE 026 12/01 14AM 13/ M 15/01 17/ M 05/09 Ot/M E OAIMTY RW-012 12/09 30AM 06/10 02/10 04/10 OMO 06/10 E ROUNO
      1,456 words
    • 711 34 PACIFIC INTERNATIONAL UNES (PTE) LTD I SSSSB IH 140 Cecil Street, #03-00 PIL Building, Singapore *****0. 1 I C 8 NO **********0E I ¥4 M 8 s/f n/f is/< h/» I HP 3 lid 1,/T MA ?rn 3ZHI OOQACCmM 047 4/9 17/9 U/9 »/f H/1 7/10 I lIVKSO VOT STmTm
      711 words
    • 416 34 SO TROK BLANGAH ROAD #02-02 CJTIPORT CENTRE S PORf *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTINATION IRIMAWA 05/99 31 US/99 01/09/99 PAL EM BANG TKL BALAM ILMAMUI OS/99 01/09/99 02/09/99 PONTIANAK IRIMAWA 06/99 10/09/99 11/09/99 MUNTOK ILMAMUI 0999 11/09/99
      416 words

  • Page 35 Advertisements
    • 469 35 BSA x mm* MYANMA pBBk FIVE STAR LINE (Myaanar National line) Loading for Yangon (Rangoon) VESSEL VOT SIN PKL PEN PGU KEMG TUNC 4W SU> SAGAING 62W 04/09 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TEL (03)*****00 PKL: TEL (03)*****01 PEN: HI (04)*****02 PGU: Til (07)*****21/4 BANK LINE (A service of
      469 words
    • 1310 35 HMAF-" HYUNDAI MERCHANT MARINE CO., LTD. vtssa vot "ST sou ta rtm ant "haw" tv ~hT~| Ivissa vot sou w rtm ant I ham w b s»l HY EMPTOR 320W 30/00 15/09 16/09 U/09 21/09 KM 52* 13/08 14/00 08/00 10/08 01/09 NOLAMAZOMTE 024W 02/09 20/09 25/09 22/09 23/09 HY
      1,310 words
    • 1127 35 WALLENIUS WILHELMSEN TO NORTH AND lADN AMERICA 'CAR RORO HEAVYUFT SERVICI" VESSEL VOT SAMP HEIGHT SIN LAX CRL HUA SAV lAI ORF NYC NEW IMM TOURCOING AHOS 400 6.3* W/W 11/10 WlO MTHTWHT 26/10 27/10 29/10 02/11 06/11 IAPKRA AHO6 400 Ims 6.3 M 26/09 2S/10 03/11 06/11 08/11 10/11
      1,127 words

  • Page 36 Advertisements
    • 744 36 BANGKOK/MAP TA PHUT/LAEM CHABANG JAKARTA/PANJAWO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT I PJN LILA BHUM iaON 31/08 03/09 04/09 ACX JADE* 69S In Pt 02/09 ANAN BHUM** 128N 31/06 04/09 03/09 LIAOHE* 006 31/06 04/09 NANTA BHUM" 461N 01/09 04/09 05/09 GURU BHUM 144S 01/09 05/09
      744 words
    • 333 36 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL CONTAINER SERV9CE Vk »t srp m m *a"|w wowDMow «mum li/w vm nm am MgTBffHWHa Ml W/WII/W 19/09 14/09 77/09 10/09 P/19 arivow tt/wto/w nm *»/»> Q4/i> ARIMBUtP «3/10 M/ 19 11/10 14/10 17/10 FEEDER SERVICE TO INDONESIA V* VOT iron WBAUTA U.PMMMC
      333 words
    • 788 36 VESSELS IWYI SW I PKL JED MLA LEH HTM HAmI 7TT SOT VELE DE TANYA T33M 30*08 13AM 16/08 ia<oo I 23AM 24/08 VELE DE TAURUS KIOH 31/06 01/08 08/08 15/09 20/08 22/08 ZVO6 xro auna VELE D'AQUARIUS U33W 07AM 06/08 17/08 21/09 ~2M)8 28/08 29/08 01/10 COAIO VELE DE
      788 words

  • Page 37 Advertisements
    • 45 37 CM© fAwg >I»1 Calling More Than Round-the-woridConuinct Service I 500 Worldwide Destinations. Find out more on Pg 13 For Complete US WEST COAST Schedules middle east INDIAN SUB-CONTINENT Information n Check Out Our Details On Pg 7 Daily Turn To Pg 5 Jj D'OCEAN LINES
      45 words


  • Page 39 Advertisements
    • 51 39 HHHUHinH JIVA STEtt~| Dial 740-6000 on demand —(Retrieve more schedules!) sT fi Press "1" Select the port and key in SIKJ the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another Innovative service offered by The document Will be Shipping times
      51 words

  • Page 40 Advertisements
    • 207 40 lAit jjtiji. Indian ocean shipping agencies (FOREST PRODUCTS SfRVKI) fi i"hi"i i ii i f«i Tlnhlmii lAwil T i i illi Ti i 111 ml' EUROPE SERVICE "Also cull other wwl Australia porta »übjw( to inducement I TAW SKN KKU TMA VESSEL VOY. SIN CXI FML COS RUBIN STHLA V3IA
      207 words
    • 184 40 I <l.lnl I>^^WTTrTTTTfWTTTITTTninF.yJ t lI SHIPPING LINE i# M|lf il ■IVI 111 I lII■ I k ItMlll I LIBYA TOBMJQ BENGHAZI MISURATA TRIPOLI luuJ IvKsamml vomo lan|wc I on ma ham o*n ro» km is hi MM SI 17 SfKUUST M 31/ M 01/W 12/ M VOJMN 14/W 2VW 24/W
      184 words
    • 179 40 FOOT TIMIS/ WtH SAILINGS: P. GUPAWG/SIHGAPOM SOUTH BOUND I KBsa vot I rem* aw BMUSHM WIS H/WW0I1) 31/WfTUG nmiSMii tins 31/Wtrup oi/wiwi UZE Oi.Tff (WB>i B2ZBUMIL BMUSIMI f!74S (ttt» fTHU) P3/W IW) BMIASMO !IZS ~AW niAusmi fiyts IMEBUW MWW«)| 3TTT NORTH BOUND yran w 5* P6UQW6 BMUSmi tU)M 31 T»!TUt)
      179 words

  • Page 41 Advertisements
    • 860 41 ■■paSAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********0 D TEL; *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 Celia/Jessica/Mei Chan/Jeslynn/Pora/lvy/Hanlm Ff lif liW BlSiiaiSliaaattll 8 slgs/week every 4 days VESSEL VOT SW
      860 words
    • 801 41 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |r»o|sw|MT|su»|nw|roc[aM|Kx»|HAi|im|otf|sAv|ww|TMi| notTl HOtOH ANOA /0;s? It W 77/00 M/ 00 It 0* 00/10 M/ 10 IS/10 10/10 IS/11 U/ll 10/11 mll 24/11 01/12 00/17 tmmtatimi -BZH li/10 it/it _2im .11/11. 2t/l0 _fl7yn 10/11 07/n um 11/n u/n u/n m/ii vm HOIGW PtAKf
      801 words
    • 110 41 SHIPPING WAREHOUSING IttH: Singapore Wading Dnh Man K> Sjl (BATAMINIX) l/ID) Atxcpong K1 A'i*ivn*K>ral/PrvijtxTAieavy Lift C arp i Reefer Container Btotoa: Singapmv I wading M«m. Wed &Fn (BATAMINDOIII Accepting KlX*anvenbiinal/Pm)cct Heavy lift C jqn> T«fc 227 0322 Fu: 222 9330 IttMy* Skipping Worefcovsing Pte Ltd 7A Uffd «—< P«|» C—pNi
      110 words
    • 598 41 IIFW ENO LEE SHIPPING CO PTI UP I W S39M7S |i Uim) hi: *****33/*****60 I I T CfK ISIWMIIIH I VESSEL VOT SIN ETA SIN ETD DESTINATION temokwoii 8/99 30/08 31/08 Bortnt Smbo* UmStol 5/99 31/08 31/08 B DKWiiuegK 8/99 01/09 01/09 Bofflone/SwtaMi DwDoyc 10/W 01/09 07/09 Dww^W GandcN 7/99
      598 words

  • Page 42 Advertisements
    • 532 42 I VESSEL VOY TIGER ISLAND 731N 02-03/09 07-13/09 17 18/09 I TIGER PEARL 732N 10-16/09 21-22/09 I TIGER SEA 733N 10-11/09 15-19/09 23-24/09 I TIGER BAY 734N 14-15/09 19-22/09 26-27/09 I TIGER ISLAND 735N 17 18/09 22 25/09 29-30/09 I TIGER PEARL 736N 21-22/09 26-01/10 06-07/10 I IVESSE^^VrO^^SI^^CAL^SII^^I TIGER CAPE
      532 words
    • 975 42 Al freight links express ppppr y e *****11 Fax: *****77 E-mail: flosindsingnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong
      975 words
    • 1117 42 OOCL (Singoporel Pte Ltd CFS Keppel Distrpk 65 (Ma Si OCBC Clr #42-00 *****13 Mk 513 #01-12* r L M QNO **********0 M W: 272 7«27 F« bookMg Ufc *****13 Fax: 438 2966 Fit: 272 7125 Orient Overseas Container line ««fwy (Malaysia) Sdn Bhd (fag Noc *****2-U) ra PETAUNC JAVA
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  • Page 43 Miscellaneous
    • 145 43 TTTOKM *ivj wTTTT— T flf 4 JW I I Jr\ f\l y LEGEND R Thunderstorm Temperature c X\ H Shower Weather Wind direction with speed in knots Roin V*) Cloudy Sky Wav he, 9 h Surface winds are indicated by orrows which fly with the wind One full circle represents
      145 words

  • Page 44 Advertisements
    • 21 44 Sacrifice Sale 1000 Passenger Casino Ship Approx 400' Newly Re-fitted; Current Certificates Immediate Delivery USA: 843-860-6129: 864-414-7222 Principal Only; No Brokers
      21 words