The Business Times, 31 August 1999

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Microfilm: NL21522
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P) 041V12/98 85C SINGAPORE Internet: http://business-times.asial.com.sg/ TUESDAY, AUGUST 31, 1999
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  • Article
    Lock icon MARKET SUMMARY
    67 1 m 2J5L38 (-8.25) BT-SU 796J7 (+1.21) SIMSCI FUTTJBES 288J30 (-1.00) H MARKET MOOD: Mixed STOCK MAKKET INDICES Monday Change KLSE COMP 767.06 *227 NIKKEI 17,***** >319.60 HANO SENO 13,688.66 +306.53 SET INDEX 446.48 -11.06 JAKARTA COMP 666.67 -6.00 MANILA COMP -20.00 TAIPEI WPI 8,071.36 *1739 SEOUL COMP 942J7
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  • Article
    Lock icon FINANCE
    79 1 FOREX BATES USS S3 USS 1.687 £(U8S/S$ per 1.687 1677 El'RO(l'S$/S$ per E) 1.045 1.763 DM 1.871 0.901 YEN IU.0 liW RM 1800 0.444 HKS 7.766 0117 BAHT 3819 0.044 Rl'PlAH 7,6rt 0.022 St to ItO unto FUME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK 10.00 MANILA
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  • Article, Illustration
    Lock icon Government land sales set to return to pre-crisis levels
    511 1  -  Minister's weekend comments spark talk that release will be at fairly brisk pace By. Lilian Ang [SINGAPORE] The weekend announcement of the government's medium term land sales means that the market can soon expect the same rate of release of state
    Compiled by BT  -  511 words
  • Article, Illustration
    Lock icon HK stocks buck regional slide with 2.3% surge
    620 1  -  Greenspan dampens region; economists raise HK forecasts Fromi Quak Hiang Whai, R Sivanithy in Singapore THE Hongkong share market was the star performer yesterday among regional bourses, where heightened nervousness over US Federal Reserve chairman Alan Greenspan's comments last Friday knocked back
    Source: Bloomberg  -  620 words
  • Article, Illustration
    Lock icon S888.com CEO quits, Commercial Crime to complete probe soon
    327 1  -  By* Catherine Ong [SINGAPORE] A month after its operations came under police investigations, the chief executive of SBBB.com, an Internet firm which promoted a controversial franchising system, has resigned. Damian Tan confirmed yesterday that he has left the firm which he
    327 words
  • Article
    Lock icon DBS Land likely to float $1.8b hotel arm in Sept
    517 1  -  By Lee Han Shih [SINGAPORE] DBS Land is likely to float its hotel arm in the third week of September, offering new and vendor shares in Raffles Holdings (1995) to the public for some $400 million. The initial public offer
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      162 1 DBBPE TJ T J w I I Tracking missing assets Stephen Vickers, Kroll Associates' regional head for Asia, reveals the secrets of a professional money tracker. He says love affairs are normally the best sources of the money trail, Pg 2 Hock Lock Siew The bottom line of local banks
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      92 1 What's in store for govt land sales? Pg 4 Private property: CPF applications rise, Pg 3 Y TO t- CORUM Mg£r TABOCAN On your wrist or bureau A contemporary watch forever with you. Steel or 18 carat gold Automatic mechanical or quartz movement. Registered model. Manufactured in Switzerland In exclusivity
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon PSA studying deep-water container port for Fuzhou
      857 2  -  Project would cost port operator and Chinese partners at least 730 m ynan From Teh Hooi Ling in Fuzhou PSA Corporation and its partners which currently own and run a container terminal, warehousing and transportation services here plans to build a new deep-water
      857 words
    • Article, Illustration
      Lock icon Sex, lies and missing assets
      628 2  -  Corporate spy Kroll works with the help of an unusual network of informants Repttrts by\ Siow Li Sen "FOLLOW the money." That's a motto that corporate spy Kroll Associates follows diligently. And the international investigative and intelligence company, which tracks down assets usually worth millions
      CHRIS LOH  -  628 words
    • Article
      Lock icon Kroll gains from economic downturn
      461 2 THE Asian crisis has been good for Kroll Associates, the US-based corporate spy outfit once called "CIA for hire". Although the region is finally off its knees, Kroll says the risks of investing in places like Indonesia and Thailand are still as high as ever,
      461 words
    • Article, Illustration
      Lock icon Q2 CPF default rate Ms to 0.89%
      372 2  -  EYE ON THE ECONOMY Liquidity By- Audrey Tan THE economic upturn appears to have translated into better business liquidity for Singapore employers, as fewer defaulted on their Central Provident Fund (CPF) payments in the second quarter. The CPF default rate fell to 0.89
      Source: CPF  -  372 words
    • Article
      Lock icon Chemical industry body wants firms to adopt safety principles
      311 2  -  Bid to achieve acceptable standard of operation By] David Boey THE Singapore Chemical Industry Council (SCIC) wants to rope in at least 50 chemical companies in Singapore to voluntarily commit themselves to a set of guiding principles aimed at raising health,
      311 words
    • Article
      Lock icon Motor traders will help where feasible
      228 2  -  haxlbao David Tay President Motor Traders Association of Singapore WE refer to Christopher Tan's article "A chance to build goodwill" (BT, Aug 26). Authorised motor distributors are in for the long run. Over the years, we have built up both the brands we market
      228 words
    • Article
      Lock icon Still waiting for Keppel Marine
      90 2  -  Teo Tat Beng Singapore via Internet I WROTE to this paper on matters pertaining to Keppel Marine Industries and it was published on Aug 5 ("Keppel Marine should have clear revamp plan, timetable"). Till now, Keppel Marine has not replied at all. Is the management
      90 words
    • Article
      Lock icon Watch out, Phua Chu Kang!
      256 2  -  Darren Lim Singapore via Internet, THE article "You speak good English, meh?" (BT, Aug 26) has really brought some refreshing insights into the industry. As a renovator, I have found that there are just too many stigmas associated with the industry, which often made customers
      256 words
    • Article
      Lock icon 7,434 CPF applications for private homes in Q2
      297 3  -  Q2 figure is 2.5 times the 2,817 applications made in Q2 last year Byi Corinne Kerk THE number of applications for Central Provident Fund savings to buy private property hit 7,434 in the second quarter of this year. This is more than
      297 words
    • Article
      Lock icon Learning experience for president and govt
      318 3 The Straits Times THE past six years have been a learning exercise for both the president and the government, said Prime Minister Goh Chok Tong at President Ong Teng Cheong's farewell reception last night. "In dealing with the issues, both sides have been conscious
      The Straits Times  -  318 words
    • NEWS Roundup
      • Article
        Lock icon SingTel to give out $17m rebate
        78 3 SINGAPORE Telecom will give to some 17,000 firms one-time rebates amounting to $17 million. The rebates range from $600 to $2,000, or between 2 per cent and 12 per cent of the firms' actual spending on qualifying Sing Tel services last year. The giveaways
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      • Article
        Lock icon IRAS to launch electronic stamping
        83 3 THE Inland Revenue Authority of Singapore will Introduce electronic stamping of documents from Sept 1. The new 24-hour service will be made available to lawyers, real estate agents and accountants, among others, so they can stamp documents such as tenancy agreements, sale and purchase agreements
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      • Article
        Lock icon Corrections and clarifications
        78 3 IN our report "March 2000 deadline stays for new emission standard" (BT, Aug 26), we erred in saying that the Ministry of Environment has decided to stick with its March 2000 deadline for a new vehicle emission standard. ENV is studying the request from some importers for
        78 words
    • Article
      Lock icon Manila Framework: broad agreement on issues
      648 3  -  Bat no specific policies on stemming rise of yen or dealing with hedge funds By' Wong Wei Kong THE Manila Framework Group ended its fifth meeting in Singapore yesterday with broad agreement on key issues relating to the stability of financial markets and the
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon What's in store for govt land sales?
      648 4  -  Developers can expect moderate land sales If they dont Jack up prices THE PROPERTY COLUMN Lee Han Shih SO what exactly is National Development Minister Mah Bow Tan saying about the upcoming government land sale programme? Are developers going to get a sledgehammer
      648 words
    • Article
      Lock icon Preparing realtors for a new era
      151 4 [SINGAPORE] THE Singapore Institute of Surveyors* and Valuers (SISV) and the National Association of Realtors (NAR) of America will be organising a two-day conference called "Real Estate Challenges of the Next Millennium". The event will be held on Sept 16 and 17 at the
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      843 4 I For Sell 6 Investment Sales I DEVONSHIRE ROAD BUCKLEY MANSION I Prime Condominium Site Prime Condominium Site 1 a liJ gjii SS2 c ~j Site Area 43,452 Sf No. 11 Buckley Road I I OGP Plot Ratio 2.8; Srte Area 44.095 s. I Freehold 5 I Walking Distance Up
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      Lock icon Page 4 Advertisements Column 2
      378 4 Freehold Residential Site Near Novena MRT Station Site area 17,278 sq ft yOTk '"SST I PWOPfWTY I ~~1/ Opposite St. Michael's JC School, near Revenue House, United Square \tsssr Novena Square V? 5 p l Qt rat 2 B 30-storey > Public Trustee's Sale by Tender Tender Closing: Wednesday, 13
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  • REGION
    • Article
      Lock icon Malaysian property sales up 31% in first half
      447 5 KUALA LUMPUR RMl6.9b worth of property sold; first gain since market slumped in 1997 Bloomberg MALAYSIA said property sales rose 31 per cent in the first half of the year from the previous six months, as the economic recovery and lower interest
      Bloomberg  -  447 words
    • Article
      Lock icon SC chief says several businessmen under probe
      192 5 KUALA LUMPUR Bridge News, Bernama MALAYSIA'S Securities Commission chairman Ali Abdul Kadir said yesterday that several businessmen are being investigated for aUeged violations of its regulations. He said that there are a number of on-going investigations, but declined to name those involved. "It
      Bridge News,; Bernama  -  192 words
    • Article
      Lock icon E Timorese flock to vote on Indon rule
      261 5 DILI, East Timor UN officials reckon a voter turnout of at least 79% AFP LONG lines of East Timorese put behind them months of violence and threats yesterday to take part in the territory's historic vote on whether to remain part of
      AFP  -  261 words
    • Article, Illustration
      Lock icon HK Futures Exchange's chief executive quits
      576 8  -  Move comes amid concern that delays in electronic trading driving traders away From Quak Hiang Whai in Hongkong THE delay in the implementation of electronic trading on the Hongkong Futures Exchange (HKFE) claimed its first victim yesterday as the bourse's chief executive handed in
      REUTERS  -  576 words
    • Article
      Lock icon China to tax interest from personal bank deposits: report
      343 8 CHINA BOOSTS ECONOMY Move to increase consumption, boost flagging economy Reuters [BEIJING] China's Parliament yesterday approved a tax on interest income from personal bank deposits, the official Xinhua news agency reported, in a move to encourage spending and boost the flagging
      Reuters  -  343 words
    • Article
      Lock icon China govt approves 60b yuan bond issue to power growth
      393 8 U BEIJING Funds to be spent on more infrastructure projects, technology for key industries Reuters, Bloomberg, AFP CHINA'S State Council yesterday approved a 60 billion yuan (5512.2 billion) special bond issue for infrastructure spending to stimulate the economy. The additional
      Reuters,; Bloomberg,; AFP  -  393 words
    • Article
      Lock icon Shui On to bring a bit of HK to Shanghai
      296 8 SHANGHAI Bloomberg SHUI On Group said it plans to spend more than US$3 billion (Sss billion) to bring a little bit of Hongkong and Singapore to Shanghai. The privately held Hongkong developer expects to spend HKS2S billion (Sss billion) during
      Bloomberg  -  296 words
    • Article, Illustration
      Lock icon Economy upbeat as India enters election
      619 9 BOMBAY Positive ontlook boosts chances of win by rilling BJP coalition AFP INDIA'S economy is on the upturn with stronger growth, low inflation and booming stock markets mixing a welcome pre-election cocktail for the Hindu nationalist-led government. Share prices on the Bombay Stock Exchange
      AFP  -  619 words
    • Article, Illustration
      Lock icon HSBC bid to take over SeoulBank close to collapse
      468 9 SEOUL Differences over definition of bad loans stall talks Bloomberg HSBC pic's six-month bid to take over Seoulßank for US$9OO million (Ssl.s billion) is on the brink of collapse because of "huge" gaps over the definition of bad loans, South Korea's
      Bloomberg; FILE PHOTO  -  468 words
    • Article
      Lock icon Australian current account deficit hits A$9.36b in June qtr
      275 9 SYDNEY Reuters AUSTRALIA posted a record current account deficit in the June quarter but the Australian dollar won a reprieve when the market's worst fears failed to materialise. Economists said last quarter was probably the peak in the current account deficit,
      Reuters  -  275 words
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      Lock icon Page 5 Advertisements Column 1
      736 5 ADVERTISEMENT UOB Visa Electron Off to a Great Start Over 10,000 cards issued in first month♦ Singapore's latest payment product is proving to be a also highlighted a strong preference for the Visa brand, hit with consumers of all ages. The card's allure is not limited to Singapore's young The
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  • ASIA OH THE MEND
    • Article
      Lock icon Thai Farmers Bank ends help to Phatra to limit loss
      371 6 Bloomberg, Bridge News [BANGKOK] Thai Farmers Bank pel, Thailand's thirdlargest bank, said yesterday that its board had decided to "end support" for Phatra Finance pel, a year after taking full control of the ailing subsidiary. The bank is consulting with
      Bloomberg,; Bridge News  -  371 words
    • Article
      Lock icon Indon banks' results hurt by lending rates' rapid fall
      744 6 But recapitalisation, stable interest rates should lift H2 earnings: analysts Bloomberg [JAKARTA] Indonesia's biggest banks posted first-half losses as lending rates fell faster than deposit rates, but analysts said recapitalisation and stable interest rates should lift second-half earnings. PT Bank Negara
      Bloomberg  -  744 words
    • Article, Illustration
      Lock icon Beware recolonisation attempts, warns Mahathir
      421 6 He renews attack on speculators using IT to hart economies AFP [KUALA LUMPUR] Prime Minister Mahathir Mohamad yesterday urged Malaysians to brace themselves against foreign attempts to control the country as it rebounds from recession. "We overcame foreign pressure and healed the country but there
      AFP  -  421 words
    • Article
      Lock icon Merrill raises its Taiwan growth forecast to 6.1%
      405 6 It sees rising export demand pushing np profits, investments Bloomberg [TAIPEI] Merrill Lynch Co raised its estimate for Taiwan's economic growth this year to 6.1 per cent, topping the government's 5.7 per cent forecast, saying strong export demand will boost profits and
      Bloomberg  -  405 words
    • Article, Illustration
      Lock icon Golkar official Novanto questioned on Bank Bali
      389 6 Reuters, Bridge News [JAKARTA] Indonesian police yesterday questioned the man at the centre of a banking scandal that has shocked the nation and battered its financial markets. Setya Novanto, a senior official of the ruling party Golkar, arrived at Jakarta's national police headquarters
      Reuters,; Bridge News; FILE PHOTO  -  389 words
    • Article, Illustration
      Lock icon No reason for KL to scrap US$ peg or capital controls
      553 6 Share prices not expected to plunge tomorrow: M'sian govt adviser Reuters [KUALA LUMPUR] The Malaysian government sees no reason to scrap one-year-old capital controls or the country's fixed exchange rate, and expects economic growth to accelerate in coming months,
      Reuters  -  553 words
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  • THE REGION
    • Article
      Lock icon Local banks block cross-financing of units
      516 7 THE DAEWOO DEBACLE Move likely to speed up breakup of South Korea's 2nd biggest business group AFP [SEOUL] South Korean creditor banks yesterday banned subsidiaries of the Daewoo Group from bailing each other out in a move to speed up the breakup of the
      AFP  -  516 words
    • Article
      Lock icon Korean banks can survive Daewoo crisis: regulator
      366 7 SEOUL Many banks taking care of their own recapitalisation Reuters SOUTH Korean banks, flush with profits from a robust first half and bolstered by capital raising exercises, can withstand losses stemming from the dissolution of the Daewoo Group, the chief financial regulator said
      Reuters  -  366 words
    • Article
      Lock icon McDermott denies graft charges in Indon tender
      148 7 JAKARTA AFP A CONSTRUCTION company has denied allegations that it won a major tender under former president Suharto's government for a gas pipeline to Singapore through corruption, a report said yesterday. "The allegation of corruption...is absolutely false," PT McDermott Indonesia's area manager, Howard
      AFP  -  148 words
    • Article
      Lock icon Four Daewoo business units in S'pore face unclear future
      283 7  -  SINGAPORE Catherine Ong (SINGAPORE) Uncertainty hangs over four business units of the Daewoo group in Singapore as the debt-ridden South Korean chaebol is placed under a "work-out" programme by its creditors. Officials at Daewoo Singapore, Daewoo Corporation and Daewoo Securities said
      283 words
    • Article, Illustration
      Lock icon New Macau passport
      47 7 [BEIJING] Chen Ziying, deputy director of the Hongkong and Macau Affairs Office, holding up the new Macau passport at a press conference here yesterday. Macau will return to Chinese rule on Dec 20 this year after more than 400 years of Portuguese administration. AFP
      AFP  -  47 words
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      Lock icon Page 7 Advertisements Column 1
      96 7 There're many ways I to treasure your ■■■■n memories m i j jttflf I Rhema provides liftvan storage Sk Y| I for personal effects you have no it i 7* use for at the moment and do not wish to discard for sentimental or other reasons 4 Store your surplus
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      Lock icon Page 7 Advertisements Column 2
      199 7 a*v jSP- IP&fef ••>''< v *>-;■'? **•>'. jt t jJV r%. v >4-. ?!&/< {PERPETUAL THINKING PROCESS) < INFINEON CYCLE s*~~~ -'-f -4. (t 1) V:• ti>-f i••.• 7 >-•« Vw 'l„ '•<* w t'x VN v _tr S.- V S ;>,'•■./■,■ K I >V--- >v,l| 2/2/99 introduced the wartfi
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      129 8 gj CT) Invented foi cc P/w pilots, doubly prestigious he tgenious "fly-back" the inventive spirit i ph hand. Breguet, the greatest is known. It is imbu exploits of his de Breguet, one of the The Breguet spirit contributed to man's conquest of the &Vkition. LOflg the CX skies through aircraft
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      150 9 Invented for you The Type XX chronograph has a by pilots, doubly prestigious heritage. It is true to EXXs ■s "fly-back' inventive spirit of Abraham-Louis implifies the t Breguet, the greatest watchmaker ever known. It is imbued also with the exploits of his descendant, Louis Breguet, one of the great
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  • THE WORLD
    • Article
      Lock icon US stocks unlikely to be stalled by another Fed rate hike: Cohen
      659 10 WASHINGTON Goldman strategist says stocks will continue to rise in concert with profits Bloomberg ABBY Joseph Cohen, one of Wall Street's most optimistic and accurate investment strategists, said the US stock market will continue its strong gains into
      Bloomberg  -  659 words
    • Article
      Lock icon Yeltsin sees kickback scandal as plot to discredit him: aide
      381 10 GENEVA AFP RUSSIAN President Boris Yeltsin believes the "Kremlingate" corruption scandal is a plot by his political enemies to discredit him, a senior aide said yesterday. Kremlin property manager Pavel Borodin told the Le Temps daily that he retained Mr
      AFP  -  381 words
    • Article
      Lock icon Russian banking scandal: call for calm
      253 10 NEW YORK AFP DEPUTY US Secretary of State Strobe Talbott told the world to "calm down" over reports of a massive moneylaundering operation between the Bank of New York and Russia, in an interview released Sunday with the US magazine Newsweek. "We have been
      AFP  -  253 words
    • Article, Illustration
      Lock icon Hot autumn ahead for new WTO boss Moore
      589 10 GENEVA Reuters FORMER New Zealand prime minister Mike Moore takes up the helm of the World Trade Organisation (WTO) tomorrow facing a major test of his reputation as a feisty fighter who usually gets his way. Not only will the 50-year-old former
      Reuters; FILE PHOTO  -  589 words
    • Article
      Lock icon German growth rates may exceed targets
      315 10 FRANKFURT AFP GERMAN Chancellor Gerhard Schroeder said yesterday that the German economy could grow stronger than expected this year and next year. "Our forecast of 1.6 per cent growth this year could possibly be exceeded," Mr Schroeder said in a speech prepared for delivery
      AFP  -  315 words
    • Article, Illustration
      Lock icon Mind wrestling
      39 10 [LONDON] Eight-year-old David Howell from Seaford, East Sussex, playing chess at the Mind Sports Olympiad in London on Sunday, after earlier beating John Nunn, a Grand Master, and becoming the youngest person ever to do so. AFP
      AFP  -  39 words
    • Article
      Lock icon Aug job report unlikely to ease concerns, analysts
      351 10 U WASHINGTON Key role seen for Aug figures in Fed's next rate meeting Bloomberg THE government's latest report on US employment probably won't ease investors' concern about worker shortages and rising labor costs, analysts said. The unemployment rate probably tied a 30-year
      Bloomberg  -  351 words
    • Article
      Lock icon UK govt losing £10b Net shopping taxes
      179 10 LONDON Reuters INTERNET shopping in Britain could cost the government up to £10 bUlion (5526.8 billion) a year in lost taxes, the Institute of Directors (IOD) said yesterday. The lOD commissioned a report by the NOP research group which showed that Britain is
      Reuters  -  179 words
    • WORLD Watch
      • Article
        Lock icon US July home sales at near-record
        105 10 Reuters [WASHINGTON] Sales of new US homes rose in July to their second-highest level on record, the government said yesterday, adding to signs of brisk consumer demand in the ebullient economy. The number of new single-family homes sold in July rose 0.1 per cent
        Reuters  -  105 words
      • Article
        Lock icon Tietmeyer: euro fundamentally strong
        87 10 AFX-Asia [PARIS] The euro is fundamentally strong and its current value against other major currencies does not yet sufficiently take this into account, outgoing Bundesbank president Hans Tietmeyer said in an interview with Le Monde due to be published tomorrow. "What is important is that the
        AFX-Asia  -  87 words
      • Article
        Lock icon Record spending at UK historic sites
        96 10 Reuters [LONDON] Tourist spending at Britain's historic sites has reached a record with Windsor Castle swelling the figures to an all-time high, tourist officials said yesterday. The English Tourism Council said spending had increased last year by 4 per cent to £270 million (*****
        Reuters  -  96 words
      • Article
        Lock icon Global warming threat to tourist spots
        80 10 IHT [PARIS] A new report for an international conservation organisation warns that much of the world's tourist industry could be wiped out by global warming, which it says threatens to turn up the heat in Mediterranean resorts to unbearable levels. While some tourists could
        IHT  -  80 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon China needs better pick-up line on Taiwan
      781 11  -  I'UZa BOTTOM LOVE OPINION By Thomas Friedman The writer is a New York Times columnist NYT YOU just knew something like this would happen China, unable so far to occupy Taiwan on land, has done it in cyberspace. The Internet address Taiwan.com was
      NYT  -  781 words
    • Article
      Lock icon IN OTHER WORDS
      114 11 'For the past 300 years, we have been having these periodic outbreaks of speculative enthusiasm that sometimes borders on insanity. They have all been more or less alike.' -John Kenneth Galbnuth one of the US'foremost economic thinkers, warning about the lewis of US stock markets. 'Some nations
      114 words
    • Article
      Lock icon Apec, 10 years on
      636 11 EDITORIAL NEXT month's summit in Auckland of leaders of the Asia-Pacific Economic Cooperation forum should rightly be an occasion to celebrate Apec's 10th anniversary. But the business community's unusually blunt pre-summit prognosis of the Apec economies has made any celebratory mood out of place. The Apec
      636 words
    • Article, Illustration
      Lock icon Will a float of the yuan catch Asia wrong-footed?
      1044 11  -  Weaker currency would help fight China's deflation bnt could gain market share for Chinese goods at region's expense By' Vikram Khanna The writer is BT's regional economics editor IT WAS recently reported out of Beijing that the price of a McDonald's
      FILE PHOTO  -  1,044 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      1058 11 B Timor's critical ballot MONDAY, August 30, is a historic and decisive moment for the people of East Timor. For the first time ever, the people in this territory will vote, hopefully in a free, fair and peaceful fashion, to determine their own future... This is
      1,058 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon London through Snowdon's eyes
      849 12  -  The famous photographer captures sights of the city which are off the beaten tourist track in new book, lyndsay Griffiths finds out LYNDSAY GRIFFTTHS Reuters PROM gazebos to grottoes, prefabs to pavilions, the august Lord Snowdon is revealing a secret side to London. The photographer cum
      Reuters; CAMERA PRESS  -  849 words
    • Article, Illustration
      Lock icon Unveiling history
      93 12 [SYDNEY] Christina Sumner, Decorative Arts and Design Curator at Sydney's Powerhouse Museum, making a final check yesterday on an 1890 Door Surround embroidery from Uzbekistan that is part of an exhibition titled Beyond the Silk Road Arts of Central Asia' that opens to the public today. The exhibition
      REUTERS  -  93 words
    • Article, Illustration
      Lock icon 1937 Alfa goes for record US$4m
      374 13 Price fetched at Christie's sale is highest auction price for a car this decade Reuters [PEBBLE BEACH, California) A grey 1937 Alfa Romeo racing car brought a record US$4 million (555.6 million) at a rare auto auction that Christie's International Motor Cars held here.
      Reuters; REUTERS  -  374 words
  • Page 12 Advertisements
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      Lock icon Page 12 Advertisements Column 1
      1337 12 <3» ALLGREEN PROPERTIES LIMITED Unaudited Results For The Half Year Ended 30th June 1999 Group Company SS 000 S$ 000 Latest half year Previous half yeor Change Latest half year Previous holf yeor Chonge to 30 Jun 1 999 to 30 Jun 1998 to 30 Jun 1999 to 30 Jun
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  • Page 13 Advertisements
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      492 13 Where to wine, dine and entertain..." 1 fissSk fPl!|»#<Ms < x Eat across the region with signature dishes such as Hong Kong's famous Shark's Fin Soup, spicy Thai Tom Yam Soup, hearty Penang Char Kway Teow, crispy Japanese lempura, delicious Sichuan Dan Dan Noodles and tasty Wanton Noodles from Singapore.
      492 words
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      Lock icon Page 13 Advertisements Column 2
      39 13 V. v ,-> 4pl A MID-AUTUMN CELEBRATION WITH OUR MANDARIN MILLENNIUM MOONCAKES 27 August to 24 September 1999 Telephone Hotline: 835 4220 <p> MAanftr w «KI -i I flffil'l 313 Orchard Road Singapore *****7 Tel: 737 4411 Fax: 732 2361
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  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      1137 13 CRYPTIC CROSSWORD 1 Tried saving the wherewithal wm IB B m m 9 Just the bird for the picnic hamper! (9) 10 A giant collection of maps (5) WR 11 Possibly it robs the diner! (6) 12 Back number (8) 13 20 a quarter, faces retirement JflflflHHf 15 Stop the
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  • KNOWLEDGE ECONOMY
    • Article, Illustration
      Lock icon KBE is for everybody
      989 14  -  Singapore wants the masses to become involved in its new economic vision Reports by, Anna Teo [SINGAPORE] N. EXT step in Singa pore's push towards becoming a knowl-edge-based economy (KBE), having spelt out a new economic vision and its supporting blueprint: to bring the message to
      989 words
    • Article
      Lock icon Blueprint on manpower out today
      201 14 MANPOWER 21, the strategic plan to produce a workforce in support of a knowl-edge-based economy, will be unveiled today. Deputy Prime Minister Lee Hsien Loong will launch the manpower blueprint, which outlines the strategies and programmes Singapore must undertake so as to develop a globally
      201 words
    • Article
      Lock icon Tax incentives to woo 'angel' investors
      564 14 AT THE BAR Morecanbedonetoenoooragß Investors of high-tech start-ops and to give such tax schemes greater flexibility IN the first part of this article last week, we focused on the incentives put in place by the government to assist technopreneurs and their employees directly in
      564 words
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      119 14 Got a question or comment? Please email ebusiness@sg.oracle.com. BT will respond to the mail. Oracle the world's second largest software company is... IBM 6% M.W, 9% IBM 18% No. 1 on the Internet RRH A/0.7 in database MHHM Microsoft 5% Database Use/Top Web Sites* RDBMS Market Share** The world's most
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SembCorp posts $61 million interim net earnings
      785 15  -  It hopes to sell Delifrance by year's end; looking for a PacNet partner Ryi Conrad Raj [SINGAPORE] SembCorp Industries, which yesterday reported net earnings of $61.08 million for the six months ended June 1999, its first as a merged entity, also disclosed that
      SIEW YAW HOONG  -  785 words
    • Article
      Lock icon Allgreen's interim net surges 71%
      350 15  -  By, Audrey Tan [SINGAPORE] The Kuok group's newly-listed Allgreen Properties saw a 71 per cent surge in after tax profit to $45 million, thanks to lower borrowing and depreciation costs. Turnover for the half-year ended June 30 was also 12 per cent higher at $198.6
      350 words
    • Article
      Lock icon Banks'bottom line starting to reflect differences in strategy
      907 15  -  HOCK LOCK SIEW Siow Li Sen Shareholders of Singapore banks must be feeling pretty good. The interim results of all five banking groups have come in well above expectations. And the feel-good factor does not stop there. To a man, every banker
      907 words
    • Article, Illustration
      Lock icon DBS Land buys Lloyd Road site for $90.5m
      387 15  -  Price works ont to $760 per sq ft per plot ratio By i Carol Eng [SINGAPORE] DBS Land has bought an 85,070 sq ft freehold site near Somerset MRT station for $90.5 million. The Lloyd Road parcel, off Killiney Road, belonged to
      387 words
    • COMPANIES
      • Article
        Lock icon IPS volume amounts to half of its initial offer
        304 16 [SINGAPORE) Sesdaq debutante International Press Softcom (IPS) was yesterday's top volume counter with 34.6 million shares changing hands. This is about half the 64.8 million shares put up for its initial public offer. During the IPO, Richard Tan, senior vice-president of
        304 words
      • Article
        Lock icon Half-time score
        126 16 As of yesterday, 95 SES-listed companies had released their financial results for the six months ended June 30,1999. They recorded a combined $2,935.4m in group profits, up 89.4% over the same period last year. The total included eight foreign companies listed here. If they were excluded, total profits
        126 words
      • AT A GLANCE
        • Article
          Lock icon Apollo pares interim net loss to $2.3m
          105 16 [SINGAPORE! Apollo Enterprise has pared its interim group net loss to $2.3 million for the half-year ended June from $2.9 million in the same period last year. Turnover rose 4.1 per cent to $24.5 million. The company said the smaller loss was achieved
          105 words
        • Article
          Lock icon Inno-Pac trims H1 net loss by 68%
          98 16 [SINGAPORE] Lower foreign exchange loss and writebacks of provisions through the sale of marketable securities have enabled Inno-Pacific Holdings to trim its group net loss by 68 per cent to $1 million for the half-year ended June 30. Turnover slipped 8 per cent
          98 words
        • Article
          Lock icon BBR Hldgs H1 net profit falls 25.7%
          115 16 [SINGAPORE] Specialist engineering group BBR Holdings yesterday announced a 25.7 per cent drop in after tax profit to $1.53 million for the six months ended June 30. Turnover fell 1.6 per cent to $65.8 million but the company said it expects favourable second-half
          115 words
        • Article
          Lock icon United Engineers doubles H1 net gain
          91 16 [SINGAPORE] United Engineers yesterday reported net earnings of $7.3 million for the six months ended June 30, more than double last year's $3.4 million. Turnover improved 22 per cent to $211.6 million. The improvements came from expanded trading activities and from increased revenue from
          91 words
        • Article
          Lock icon Presscrete's net 31% higher in first half
          111 16 [SINGAPORE] Presscrete Holdings has reported a 31 per cent increase in group net earnings to $205,000 for the six months ended May 31 .The company attributed the rise to contributions from Presscrete Engineering, settlement of accounts in Presscrete (M) Sdn Bhd with certain
          111 words
      • Article
        Lock icon San Teh to sell core keypad business to ITT for US$118.8m
        449 16  -  Sale proceeds will be used to settle bank loans and debts, and as working capital By Ven Sreenivasan [SINGAPORE] San Teh Holding, under pressure to beef up its finances, is selling its entire core keypad business for US$llB.B million
        449 words
      • Article, Illustration
        Lock icon Seksun's H1 net up 43.5%; bonus issue planned
        496 16  -  By Corinne Kerk functions. [SINGAPORE] Seksun Precision Engineering yesterday announced a one-for-four bonus issue on the back of a 43.5 per cent rise in net profits to $3.4 million in the first half. The mainboard-listed metal stamping specialist also reported a 32.8
        functions.; CHRIS LOH  -  496 words
      • Article
        Lock icon PCI's full-year net rises 77% to record $10.1m
        335 16  -  By Rahita Elias [SINGAPORE] Contract manufacturer PCI Ltd scored a 77 per cent increase in net profit to a record $10.1 million for the year to end June this year. This translates to a 77 per cent increase in earnings per share
        335 words
      • Article, Illustration
        Lock icon Gul Tech's interim surges 27% on sales of higher-margin PCBs
        462 16  -  Group expects better H2 results on launch of 3rd'inner-layer' PCB production line By. Jennifer Lien [SINGAPORE] Gul Technologies yesterday said interim net profit grew 27 per cent to $8.3 million, as its shift away from commodity products bore fruit. The
        ARTHUR LEE  -  462 words
      • Article
        Lock icon CPFIS accounts: twice as many opened in second qtr
        256 16 [SINGAPORE] The number of accounts opened under the CPF Investment Scheme (CPFIS) in the second quarter more than doubled from that in the first quarter, according to latest statistics released by the Central Provident Fund yesterday. The number of CPF investment
        256 words
      • COMPANY Briefs
        • Article
          Lock icon OUB, DKB to arrange US$50m note
          82 16 [SINGAPORE] Overseas Union Bank said yesterday it has been mandated with DKB Asia Ltd to arrange a note issuance involving the securitisation of the hire purchase receivables of Orient Consumer Credit Private Ltd. The note size is expected to be US$5O million (5584.3 million)
          82 words
        • Article
          Lock icon Want Want buys out partner in China
          91 16 Reuters (SINGAPORE) Taiwan snack maker Want Want Holdings Ltd said yesterday it has agreed to buy from C J Van Houten Zoon AG its 75 per cent interest in Van Houten Want Want Want Want said in a statement the acquisition of the
          Reuters  -  91 words
        • Article
          Lock icon Sun Vista: $35m extraordinary loss
          70 16 (SINGAPORE] Metro Holdings said the loss of Sun Cruises Holdings' flagship cruise vessel, Sun Vista, will result in an estimated extraordinary loss for Metro and its subsidiaries of $35 million, net of minority interests, for the year ending March 31,2000. The extraordinary loss would have
          70 words
        • Article
          Lock icon Sold: 2.5m Laguna National shares
          86 16 [SINGAPORE] Nat Steel Ltd's wholly-owned subsidiary, Nat Steel Resorts International, has sold 2.51 million ordinary shares of $1 each fully paid-up in the capital of Laguna National Golf and Country Club (Laguna National), an associated company, at a par value of $1 each. Laguna Holdings
          86 words
        • Article
          Lock icon Seksun now a CPF trustee share
          68 16 [SINGAPORE] The Central Provident Fund Board has updated its list of trustee shares under the CPF Investment Scheme. The latest addition is mainboard-listed Seksun Precision Engineering. Meanwhile, 11 ordinary shares on the mainboard, one on Sesdaq, a preference share on the mainboard and three
          68 words
        • Article
          Lock icon NSTP holders approve Commerce sale
          123 16 Reuters [KUALA LUMPUR] New Straits Times Press (Malaysia) Bhd said yesterday the company's shareholders have approved the proposed disposal of its wholly-owned subsidiary's 19-3 per cent stake in Commerce Asset-Holding. The publishing firm said in a statement to the Kuala Lumpur Stock Exchange its shareholders
          Reuters  -  123 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Thakral's Aussie arm's earnings rise 16% to a record A$31m
        547 17  -  Performance reflects importance of diversified spread of assets: chairman Frorn I Surinder Singh in Sydney THAKRAL Holdings, the Australian arm of Singaporelisted Thakral Corp, has recorded an after-tax profit of A 531.04 million (5533.1 million) for the year ended June
        547 words
      • Article
        Lock icon China Telecom interim net up 14%
        245 17 AFP [HONGKONG] China Telecom (Hong Kong) Ltd yesterday reported a 14 per cent rise in net profit in the six months to June to 3.95 billion yuan (SsBoo million), amid optimism of further strong growth this year. Chairman Wang Xiaochu told reporters the company
        AFP  -  245 words
      • Article, Illustration
        Lock icon Pioneer-ing world's smallest DVD drive
        57 17 [BERLIN] Hostess Tanja presenting a Pioneer DVD (Digital Video Disc) player during an international radio and television exhibition in Berlin recently. The DVD player, weighing only 690 grammes, is equipped with the world's smallest drive and will be put on the German market in October
        AFP  -  57 words
      • Article
        Lock icon AAPT rings up A$34.7m profit as sales rise 51%
        529 17 Australia's No 3 telecoms firm moving to list 2 new nnits Bloomberg [SYDNEY] AAPT Ltd, Australia's third-largest telecommunications company, turned to a profit in 1999 as data and mobile sales surged, enabling the company to report its largest ever earnings as
        Bloomberg  -  529 words
      • COMPANY Briefs
        • Article
          Lock icon Mitsubishi axes Aussie jobs
          51 17 AFP [ADELAIDE] Mitsubishi Motors Australia Ltd yesterday announced a redundancy programme for almost 7 per cent of its workforce here. Managing director Mike Quinn said voluntary redundancy for 300 out of the 4,700-strong workforce would be the first phase of a restructuring programme to save costs.
          AFP  -  51 words
        • Article
          Lock icon Citic Pacific to sell stake back to CLP
          61 17 AFX-Asia [HONGKONG] Citic Pacific Ltd said it is selling a 15 per cent stake in CLP Holdings Ltd back to the company at HK134.80 a share or HK512.78 billion (Ss2.B billion) in total. Citic Pacific said the deal will result in its
          AFX-Asia  -  61 words
        • Article
          Lock icon No plans to sell stakes in chip units: Acer
          74 17 Reuters [TAIPEI] Taiwan's leading computer group Acer Inc clarified yesterday that it has no immediate plan to sell off some interests in two of its small semiconductor units, but would not rule out the possibility in the future. "Acer group has
          Reuters  -  74 words
        • Article
          Lock icon Toshiba may sell its half of chip venture
          77 17 Bloomberg [TOKYO] Toshiba Corp said yesterday that it is negotiating to sell Motorola Inc its half of their 12-year-old Japanese chipmaking joint venture, which analysts say may need new investment to remain profitable in a glutted global market. Japan's second-biggest maker of
          Bloomberg  -  77 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Carrefour, Promodes agree to merge
        674 18 World's second largest shopping chain formed with 54b euros sales expected this year Reuters, Bloomberg [PARIS] French retailers Carrefour and Promodes yesterday announced a friendly merger to create the world's second largest shopping chain with forecast sales of 54 billion euros (Ss9s billion) this year.
        Reuters,; Bloomberg; REUTERS  -  674 words
      • Article, Illustration
        Lock icon BNP to hold talks with Dresdner over alliance
        634 18 It announces move after French regulator prevents it from buying SocGen Bloomberg, Reuters, FP [PARIS] Dresdner Bank AG will "immediately" hold talks with Banque Nationale de Paris on expanding their alliance after France's banking regulator refused to let the country's largest bank
        Bloomberg,; Reuters,; FP; Source: AFP graphics  -  634 words
      • Article
        Lock icon Royal Dutch/Shell to sell coal assets; US$1b gain seen
        214 18 Reuters [BRISBANE] Oil major Royal Dutch/Shell said yesterday that it would sell its international coal assets through a tender which analysts estimated would raise more than US$l billion (Ssl.7 billion). Mining houses in Australia, Britain, South Africa and Germany were expected
        Reuters  -  214 words
      • Article
        Lock icon Texas Pacific to buy Bally shoe firm from Oerlikon
        491 18 Bloomberg [LONDON] Texas Pacific Group, US financier David Bonderman's acquisition firm, will buy Swiss shoe retailer Bally from OerlikonBuehrle Holding AG, its second investment in a high-pro-file European company this month. The sale, whose terms weren't disclosed, caps a decade in
        Bloomberg  -  491 words
      • Article, Illustration
        Lock icon Microsoft hires top talent to pursue tablet computer
        553 19 Company says it has no set timetable or manufacturing plans for project NYT HOPING to fulfill a dream that has eluded the industry for nearly three decades, a team of designers from Microsoft Corp is trying to create a so-called tablet computer.
        NYT  -  553 words
      • Article, Illustration
        Lock icon One wireless connection to go please
        88 19 [TOKYO] An employee of Japan's Matsushita Electric shows off its new laptop computer "Let's note CF-AIR and wireless terminal (right) in Tokyo yesterday. The new model features a built-in wireless communication unit which transmits data to the terminal, combining both the mobility of a
        AFP  -  88 words
      • Article
        Lock icon E-commerce incubator raises US$130m
        323 19 eCompanies will provide office space, expertise, support NYT [LOS ANGELES] A new "incubator" for Internet companies that was recently set up by the former head of Walt Disney Co's Web operations has already assembled a war chest of US$l3O million (*****.6 million) from investors that include
        NYT  -  323 words
      • Article
        Lock icon Asarco and merger partner fight bid
        354 19 Copper giant Phelps Dodge accused of trying to stop deal NYT [NEW YORK] Battling for greater market share in the copper industry, two merging rivals said on Sunday that they were determined to fight a hostile takeover campaign begun on Friday by the Phelps
        NYT  -  354 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon No bid from NatWest says Friends Provident
        362 20 Company committed to retaining its mutual status Reuters [LONDON] British life and pensions mutual Friends Provident said on Sunday that it had not received any buy approach from National Westminster Bank and that it was committed to remaining a mutual organisation. The Sunday
        Reuters  -  362 words
      • Article, Illustration
        Lock icon Need some fresh air? Call the Sydney Futures Exchange
        536 20 Carbon sequestration credits to be traded from mid-2000 Reuters [SYDNEY] Australia's futures exchange will set up the first market in the world to trade in fresh air. Technically, the market will be in carbon sequestration credits, or units in amounts of
        Reuters; FILE PHOTO  -  536 words
      • SMALL Change
        • Article
          Lock icon AIA, Jardine to sell pension products
          61 20 Bridge News [HONGKONG] US-based American International Assurance Co (AIA) and Hongkong's Jardine Fleming said in a joint statement yesterday that they have formed an alliance to market, manage and administer Mandatory Provident Fund (MPF) products for the Hongkong market. The MPF is a compulsory
          Bridge News  -  61 words
        • Article
          Lock icon ANZ set to raise stake in Indon bank
          76 20 Bloomberg [JAKARTA] Australia New Zealand Banking Group, Australia's fourth-largest bank, is poised to quadruple its stake in PT Pan Indonesia. When ANZ bought 5 per cent of Panin for US$3 million (SSS.I million) in February, it was given an option to increase
          Bloomberg  -  76 words
        • Article
          Lock icon Converting Shinhan shares to GDRs
          74 20 Bloomberg [SEOUL] Shinhan Bank, one of South Korea's most profitable lenders, said it will allow foreign investors to covert their common share holdings in the bank to global depositary receipts, a move that could bolster its stock. The decision comes as the price of Shinhan's
          Bloomberg  -  74 words
      • Article
        Lock icon Institutions boost volume in the afternoon
        259 21  -  SIWITiX Reports MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stock market began the week yesterday on a whimper as events on Wall Street cast a dampening effect on local sentiment, causing investors to abstain from the market. The Straits Times Index closed
        259 words
      • Article
        Lock icon Futures up on hopes of higher chip profits
        186 21  -  MSCI Taiwan fixtures Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract yesterday closed higher on optimism that rising product prices wiU boost Taiwanese chip-makers' earnings. The August '99 contract, which expired yesterday, rose 0.5 point to 356.6 points
        186 words
      • Article
        Lock icon Crude oil steady after producers reaffirm output cut commitment
        207 21 ENERGY REPORT Bloomberg [NEW YORK] Crude oU was little changed in early trading after oil ministers from Saudi Arabia, Venezuela and Mexico, meeting in Caracas, pledged to maintain production cutbacks through March 31 to keep prices close to 22month highs. Saudi
        Bloomberg  -  207 words
      • Article
        Lock icon CURRENCY REPORT
        300 21 Reuters, AFP London THE yen hesitated to break loose in Europe yesterday after an overnight rally against the dollar and the euro fizzled out just short of recent major peaks. A two-day meeting of Group of Seven deputy finance ministers in Berlin ending today and liquidity risk due
        Reuters,; AFP  -  300 words
      • Article, Illustration
        Lock icon Untitled
        1258 21 DnXRBAMK CROSS RATES Aug 30 u cs Bmt Euro Ffr Dm HK$ tad fa IhipHh Van Wo« BW WZ$ Pak Rs Peso S$ Bind Sfr WT$ B*it Poawd US$ Australia 0.944 6.171 0.607 1961 1)87 4.919 27.555 48.178 0.707 7.493 2.407 1-234 32.853 25.172 1069 3J62 0.971 20.177 24.254 0.399
        1,258 words
      • Article
        Lock icon Untitled
        1838 21 SICOM FUYUKES Aug 30 RU88ER (Marts doting as at 130*m> RSS1 CONTRACTU cants/k«) Ctoso VotWM Opm ||.,|L I f ,|t > pofixn nign low mix iiouhw/ IhHtwi S«p 99 9150 Oct 99 9475 1200 Mo* 99 9425 300 Doc 99 90.75 300 Jan/Mar 00 102.75 300 Apr/Jon 00 106.25 Jul/Sep
        1,838 words
    • Article, Illustration
      Lock icon HONGKONG
      1405 22 AFP El Hang Seng +30&53 HONGKONG share prices surged 2.3 per cent yesterday with sentiment boosted by stronger-than-expected economic growth in the second quarter, dealers said. The Hang Seng Index gained 305.53 points to close at 13,688.66 on turnover of HK$6.B billion. "Investors seem to be taking a positive
      AFP  -  1,405 words
    • Article, Illustration
      Lock icon CHINA
      576 22 Reuters nShenzhenßlndex -2J7 SHENZHEN'S B shares ended down more than 2 per cent yesterday as sentiment was dampened by poor interim results. The market was also weighed down by lingering tension between Taipei and Beijing, analysts said. The B share index slumped 2.17 points, or 2.36 per cent, to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  576 words
    • Article
      Lock icon TAIPEI
      363 22 AFP Q VP Index *17.39 TAIWAN share prices closed 0.2 per cent higher yesterday on buying in the technology and petrochemical sectors, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 17.39 points to 8,071.36 on turnover of NT5130.99 billion. "The price rise for DRAM (dynamic random access
      AFP  -  363 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2281 22 LONDON Industrials AlZT NM *h 31 Group 8.53 uncti Abbey National n.08 -0.01 A B Foods 4.30 -0.08 A B Ports 3.46 -0.02 AitraZeneca 25.09 -0.09 AMance t Leicester 8.77 unch Allied Domecq 5.72 0.04 Allied Zurich 8.06 -0.13 Anglo American Gold 43.70 unch ASOA Group 2.20
      2,281 words
    • Article
      Lock icon TOKYO
      1637 22 AFP Q Nikkei 225 *3116 SHARE prices in Tokyo jumped 1.8 per cent yesterday on bargain-hunting following last week's sharp decline and growing investment in index-linked funds, brokers said. The key Nikkei 225 index gained 319.6 points to finish at 17,918.97, the first increase in five trading days. Trading
      AFP  -  1,637 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        8379 23 industrials Cnmwntr pnAKti 1999 Lut Vol Day Nat Cap Law Cimn Sale *000 Hl» Law P/t 440 255 A)inomoto 320 unch 1 320 320 20.3 129.7 174 46 Anqkasa n2 unch 38 112 109 165.1 404 220 Apollo Food Hlq 322 4 12 324 318 11.2 128.8 294 115 Barjaya
        8,379 words
      • Article, Illustration
        Lock icon Shares edge higher on light buying
        411 23 AFP Pi Composite Index +127 MALAYSIAN share prices closed 0.3 per cent higher yesterday on light buying of selective stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index finished at 767.06 points, up 2.27 points from Friday's close. The Second Board Index added
        AFP  -  411 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Intria wrt: a candidate for consideration
        182 24  -  WARRANT WATCH -By R Sivanithy TOMORROW, the Malaysian market will become the focus of attention as the world watches to see if there is heavy capital outflow. While such a knee-jerk reaction is possible, the reinstatement of Malaysia in the Morgan Stanley Capital International
        182 words
      • Article
        Lock icon Untitled
        2220 24 BONOS. LOANS k WARRANTS m 52-Wk Last Vol Day Last Quota Avq Mkjh La* Stno Company »*a *or- (000) High Law Buyar SaMar Prtca ~~i<>4 3 s 3160 "Acar W*****1 US$ 54.5 -1 65 56 54 54.5 55 80 4.5 3164 Acma W*****4 41 unch 42 41 40 41 41.5
        2,220 words
      • Article
        Lock icon CLOB INTERNATIONAL
        234 24 HONGKONO STOCKS Of G* S2-WH Last VM Day Laat OooU ON Mv VM Nat M Cap High Law Stno Company Sa» COOP) Mt» Law Buyae SaPaf H C'vt H P/t $mli 365 173 5123 CM (2000) HK 280 id 260 8 3.7 2 9 9 5 5539.6 5124
        234 words
      • Article, Illustration
        Lock icon JAKARTA
        706 24 AFP P Composite Index -6 INDONESIAN share prices slumped one per cent yesterday amid concern at what is seen as poor progress in the government's handling of the Bank Bali scandal, dealers said. They said yesterday's selfdetermination vote in East Timor also slightly affected sentiment. The Jakarta Stock Exchange
        AFP  -  706 words
      • Article, Illustration
        Lock icon BANGKOK
        880 24 AFP Q SET Index -ILO6 THAI share prices closed sharply lower yesterday, shedding 2.4 per cent with finances sold heavily amid renewed concern over the health of the sector. The benchmark Stock Exchange of Thailand Index fell 11.06 points to close the day at 446.48. Volume was relatively thin
        AFP  -  880 words
      • Article
        Lock icon MANILA
        326 24 AFP n Manila -20 PHILIPPINE share prices closed 0.9 per cent lower yesterday on profit-taking in key issues and fears of an imminent interest rate rise, brokers said. The Philippine Stock Exchange Composite Index fell 20 points to close at 2,201.24. Volume was down at 800.43 million shares worth
        AFP  -  326 words
      • Article
        Lock icon SEOUL
        399 24 AFP Q Composite Index -17.71 SOUTH Korean share prices closed down 1.8 per cent yesterday after financial watchdogs said talks with British bank HSBC on buying Seoul Bank had broken down, dealers said. Heavy profit-taking emerged after news that the talks had broken down, they said. Losses were capped
        AFP  -  399 words
      • Article
        Lock icon SYDNEY
        650 24 AFP PAH Ordinaries -27.2 AUSTRALIAN shares closed 0.9 per cent down yesterday despite a late recovery in which bargain-hunters countered the negative influence of Friday's fall on Wall Street, brokers said. The All Ordinaries Index slipped 27.2 points to close at 2,993.00. The All Industrials Index fell 40.7 points
        AFP  -  650 words
      • Article
        Lock icon WELLINGTON
        283 24 AFP Wellington +7.95 TELECOM'S strength underpinned the New Zealand share market yesterday, which closed 0.4 per cent higher. The NZSE-40 Capital Index rose 7.95 points to close the day at 2,155.31 points on meagre turnover of NZ549.5 million. AFP 3c an roow Adyant *9* MDS 2.46 -0.04 9 Air
        AFP  -  283 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7032 25 Transaction date :Aiu; 30 Cr Or M Wt < 2 -wk Last Vol Day Last Ouott Wv Dl* YM Net Cap Avq High Low StNo Company Solo COOP) High Low Buyer Seller C'vf H P/C >mll Prlc# MULTI-INDUSTRY 182 17.5 m b 1000 Acma
      7,032 words
    • Article
      Lock icon SESDAQ
      1285 25 Or Ot M Wt 52-Wk Last Val My Laat Ow*t« M« W* YM Nat Cl» HH> Laat 8«Ma Cinm tm COOP) Mm. Law fciyac »a8ar Cw W MANUFACTURING 218 43 c 2049 AS Auto 10c 195 -5 152 199 191 193 195 ION 0.5 222.7 194 137 45 C
      1,285 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        407 26 Stocks Vol—o International Press Softcom 34,648,000 •Gentinq Int 22,440,000 Hotung Inv NTS..... 15,607,000 Asia Food*Prop USS 14,988,000 Golden Aqri USIOc 10,605.000 Serial Sys 10c 9,348,000 Roty IntUSIOc 7,887,000 NOL 7.421.000 NatSteel 50c 5,906,000 Eagle Brand Hldgs HK75c 5.863,000 Stocks DBS 43,690,426 0C8C Foreign 35.256,223 International Press Softcom 25,318,885 Natsteel 50c
        407 words
      • Article, Illustration
        Lock icon Wall St and US rate worries weigh on local market
        643 26  -  STOCK MARKET COMMENTARY Firm tone in HE and Japan not enough to support STI; turnover low as investors stay away By R Sivanithy THERE was little to write home about in yesterday's local stockmarket session as prices fell victim to
        643 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Still room to move?
          132 26 A REUTERS poll of 12 Malaysian research houses has yielded a consensus view that the KLSE Composite Index should gain 12 per cent between now and the end of the year. This translates into a reading of 856 for the index, 92 points above last Friday's
          132 words
        • Article
          Lock icon Fat Fed
          186 26 WHEN US Federal Reserve chief Alan Greenspan spoke to the US Congress last month, he praised "business restructuring" as an important reason for surges in America's productivity. However, the irony of that statement seemed to have been lost on most observers, according to the US financial weekly Barron's
          186 words
        • Article
          Lock icon Fast repayment of loans
          92 26 THE Arab-Malaysian banking group is said to have repaid 400 million Malaysian riqpgit (*****.8 million) to Danamodal, the national agency tasked with recapitalising Malaysian banks. This has rekindled talk that the group was jostling to be an anchor bank in the country's new banking landscape. The
          92 words
      • Article, Illustration
        Lock icon HOT STOCK
        62 26  -  By 1 Wong Wei Kong NATSTEEL shares rose 26 cents to $3.40 yesterday with 5.9 million shares traded, compared with its 10-day traded average of 1.02 million units. The RSI, Stochastics and MACD charts suggest that the stock, now at a new 52-week high, may have exhausted much
        62 words
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      881 15 Seminar on DOING BUSINESS IN CHINA Investment, Tax, Due Diligence and Financial Control Issues During the last decade, the world has witnessed a tremendous expansion of direct foreign investment in the People's Republic of China (PROSome investors have profited, whilst others have suffered. We will share with participants the pitfalls
      881 words
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      108 17 v>: [x] <r> O.K. Good Excellent Outstanding HSBC. Its a sure sign that you're dealing with a world-class Those are the numbers. But it's our integrity and common financial services organisation. sense solutions that you can truly count on. We've been around for more than 130 years. Now we re
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      797 18 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF LIO WESTRY INVESTMENT PTE LTD ON MEMBERS' VOLUNTARY UQUIDATION) NOTICE OF RNAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the Company
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      1152 20 Union de Banques Arabes et Francises Head Office: 190 Avenue Charles-de-Gaulle, ***** Neuilty Cedex, France. Singapore Branch: 6 Temasek Boulevard, #25-04/05 Suntec Tower 4, Singapore *****6. CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT as at December 31,1998 for the year ended December 31,1998 1996 1997 1998 1997 (French franc
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      313 20 MfSSEMUNCHEN INTERNATIONAL electron icAsia 99 October 12-15,1999 Hong Kong Convention and Exhibition Centre the year here special feature World of Display Technology. Hong this October will again gathering place for global electronics community is an professional trade fair in Asia, that presents the range of electronics components. assemblies and production
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      48 24 Wow! mr S A buyer I love this car l the very I that I found (W next day. I through J V The Straits Times J f room Classified. Buyiiut or sellirui through The Straits Times Classified is child's play. Call C.A.T.S. at 1800-737-1166. JILj V >" H
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      238 26 To make money from the market you need the best ideas. Get some, by signing up with DBS investor Online at 323-5955. gj| )|SBANK "Our daugnter was reunited witn ner aog on the very day the ad appeared!" Mrs Christine Low... "Business picked up after we advertised in Classified. It
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      43 26 Classified I First. m 1 fcf m I Want more accessories for your car? 1 Or a new set of wheels? 1 The key to it: I Check The Straits Times I Classified First. I Buy It. Sell It. Find It. 1 U
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      312 27 Bridge News, Reuters ASIA Panamax rates remained weak although a few owners secured cover for tonnage ahead of the long holiday weekend. Atlantic rates remained steady although there is a shortage of business for early ships in the US Gulf. Futures failed to muster up much activity prior
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      277 27 tm» w CWT Distribution 124 "0.04 21 Chuen Hup V41 0.03 1925 Cosco investment —1J9 0.09 192 Freight Links 0J7 -0.02 1202 G4 Holdings 0.9* 0.01 44 Hai Sun Hup 0.75 0.0! 736 IMC HaMnqt-HK —5.60 ivich 0 Jay* Holdings 1.04 0.01 144 Jurong Shipyard 7.40 -0.10 S
      277 words
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      Lock icon Trans-Pacific capacity enough to meet demand
      418 27  -  New operators will ensure peak season demand can be met: Hongkong Liner Shipping Association By Marcus Hand [SINGAPORE] The additional capacity on the trans-Pacific trade provided by some seven new operators should be enough to meet peak season demand, according to the Hongkong Liner
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      Lock icon Techno speed on the high seas
      82 27 [TOKYO] An artist's drawing of super high speed car transport ferry Techno Super Liner (TSL) released by Japan's Transport Ministry. The medium and large Tsfc will be 123.4 m and 140 m in length and propulsion by water jet at approximately 42ktwid 36kt respectively.
      REUTERS  -  82 words
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      Lock icon Rolls-Royce wins US$1b order for its super fast marine engines
      329 27  -  US-based Fast Ship to provide record 7-day Atlantic trips By I S Shivani [SINGAPORE] Rolls-Royce has clinched its largest single order for marine engines, in a deal worth US$l billion (551.69 billion). The order for 25 marinised Trent gas turbines
      329 words
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      Lock icon Smit Int'l lifts wreckage of sunken ship near Calcutta
      211 27  -  From Rajendra Bajpal in New Delhi SINGAPORE-BASED Smit International has lifted the wreckage of sunken Korean vessel Green Opal near India's Calcutta port. The ship, which sank two years ago, initially had its cargo removed by Greek salvage firm Tsalviris Russ,
      211 words
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      Lock icon Australia-India liner groups up rates
      180 27 [SlNGAPOßE] Three liner shipping groups on the Indian sub-continent to Australia trade are to increase rates by up to US$95O (551,596) per 20foot box from the beginning of next week. The 12 member lines of the Australia Asia Alliance (AAA), Australia-Asia Express (AAX) and the
      180 words
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      Lock icon Low-cost carriers flying high
      1157 28 EUROPE'S BUDGET AIRLINES Budget operators that woo customers with cheap tickets is the fastest growing segment of Europe's airline industry Reuters [LONDON] Forget fuii-iength double beds, DVD players and shrimp cocktails. Today's European air traveller isn't looking for a free lunch. British budget airlines are leading
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      Lock icon SHIPPING SCHEDULES INDEX
      201 28 PAGE Djak Lloyd 8 l£l 6 Dongnama 3 aml 3 ECU Line 6 U Accord g ECl 4 Appenship 5 Evergreen 6 Austral 8 fooogSun 8 Balaii Shpg 5 6 L BSA 7 Oemartrans 6 B'tanq Mas 8 Hangli 7 CCNI 7 3 CMA 8 Heung-A 4
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      Lock icon SHIPPING GUIDE
      13181 35 thebusinesstimes EXPORT i uriOUA i, nuvjuo i oi, ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number 17/09 14/W COSCO HEAVEN RIVER 0008E 65 *****00 To ABIDJAN (ABJ) 2003 Cote D'I voire 29/09
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    • SHIPS IN PORT
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        744 37 Vessel Voy Mo Berth Arrtval Departure Marco**) 4S Prw017 '""""'jS 30/06/3 50 JfiS&fSL leo»dutesov I JTt 30/0®/5 30 WOWfcOO Bt Hon Jayi ****** J01 30/08/8:50 30 00 Bt Stir Sakti ****** J01 30/06/8:40 30/06/16:00 Sot Capncor *****9 J12 30/06/800 30/06/19:00 Bt Cj inora3 ****** J01 30/06/805 31/06/23:59 C
        744 words
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        Lock icon CONTAINER. SCHEDULES
        2018 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/BaUncc Rstls Ship Voy No Etb/Btr Period From To From ACHIEVER *15 31/1:30 2A 21/TJOO 30/0*51 30/0100 21 2VTJ00 30/0659 30/0*00 1 30/0700 30/1151 30/V400 4 30/1200 30/1451 30/1700 ACHTIRORACMT S*o-9S 1/5 00 2A 21/1700 30/0*5* 30/0100 a 21/1700 30/0*59
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        Lock icon GLOBAL HOLIDAYS
        190 37 ahU Malaysia: National Day. Sep 1 Mexico: State of the Nation (optional). Sep6 Canada: Labour Day. Luxembourg: City Kemesse. United States: Labour Day. Sep 15 Japan: Respect of the Aged Day. Sep 16 Independence Day. Sep 23 Japan: Autummal Equinox Day. South Korea: Harvest Moon Festival Eve. Sep
        190 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        797 37 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 average sized stem. Market movements are indi cated. The Cockett Bunker Price Index
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        492 37 Car**, 180 Max 990.0 8.1 ffS 0.09 72 0/F t.ui to ruMjtY Wattr Residue Ash AkHWiniuffl SldilMHt No Above E25 0 1 1 0 0 *02 380 Ave 984 8 0.4 M.O 0.07 37 0.02 VS 380 Mil 1005.0 2.5 18.3 0.13 235 0.08 Ht/Wi M/M
        492 words
    • AIR & LAND TRANSPORT NEWS
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        Lock icon BAA gets nod to operate up to six Chinese airports
        294 38 British operator's duty free arm wins retail contract for Shangliai's Pndong airport Reuters [LONDON] British airports operator BAA pic has won approval from the Chinese government to target operating up to six airports in the country over the next 15
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      • Article
        Lock icon China airline to invest 3.56b yuan in airport facilities
        241 38 AFXAsia [HONGKONG] China Southern Airlines Co Ltd said it plans to invest 3.56 billion yuan (*****.32 million) in a joint-venture to provide new facilities at Guangzhou airport and a further U556.25 million (5510.5 million) in another joint-venture to establish a new
        AFX- Asia  -  241 words
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        Lock icon Merged Canadian airlines won't come under AMR control: Onex
        502 38 Reuters [TORONTO] Onex Corp chairman Gerald Schwartz said that his conglomerate's multi-billion dollar proposal to take over and merge Canada's largest and second-larg-est airlines would not lead to US control of the industry. Onex said last week a new subsidiary named
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        Lock icon Removal of CAL wreckage continues
        86 38 [HONGKONG] Workmen removing a section of the China Airlines MD-U plane at Chek Lap Kok airport in Hongkong. The nose and and tail sections of the airliner were removed on Sunday and authorities hoped to remove the rest of the wreckage yesterday, the Airport Authority
        REUTERS  -  86 words
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        Lock icon Airbus to go ahead with A3XX as planned in 2005
        269 38 Reuters [LONDON] European aircraft consortium Airbus Industrie is pressing ahead with plans to build the world's biggest aircraft in 2005, the Guardian newspaper reported yesterday. But it said British Trade and Industry Secretary Stephen Byers had told consortium member British
        Reuters; FILE PHOTO  -  269 words
      • Article
        Lock icon Cathay's passenger load down in June
        175 38 Bloomberg [HONGKONG] Cathay Pacific Airways, Hongkong's only long-haul airline, filled a smaller percentage of available seats in June than a year earlier, in part because of a labour dispute with pilots. The airline's load factor, or the percentage of seats available that are filled
        Bloomberg  -  175 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1764 38 CUT FU6HT ETA FU6HT ETP BA7306 1815 S***** 2350 M*Mt BA7381 1930 IA7302 2055 0F6 1815 LH6373 2355 0F81 1930 0F82 2055 SO» 2355 AA8229 2230 FrtaoU S0989 1530 S0990 0105 2230 Guangzhou S0603 1905 CZ354 0910 i_S0a»_a30 czasi 20c soao4 1020 Amsterdam KL843 0435 GA972
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      20 27 Europe's budget airlines Low-cost carriers flying high Budget operators is the fastest growing segment of Europe's airline industry. Page 2
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      5 27 Maritime and Logistics Training Supplement
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      532 27 BAA gets nod to operate np to six Chinese airports British operator's duty free arm wins retail contract for Shanghai's Pudong airport Page 12 People New hull insurance A new hull insurance syndicate, set up as a joint venture between Thomas Miller Co, Chartwell Managing Agents Sy nalCa 16 names
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      831 28 SUPER SHUTTLE EXPRESS 1 K*H*CHI EXPt^—«B WJQ msa VQYAGt IG» SM VBSft VOT DNI MM »WT MA ONO CM HUM SM OOaCMJratNU mwsm i«/m OS/00 MYIVMTGO 241 torn m/m n m M/M 2S/M M/M M/M M/M NTI CASTOR IJWSJ4 25/01 12/ M OOGJAPA* 35WV35 01/ M 10/ M PtO NBNIOTD
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      740 28 Lines services represented u by Members ol the Registry of Members of the lilSil) Accredited Shippwg Agents. S|U Singapore Freight Forwarders National Shipping Assoc Assoaabon LILY UNE MALE I VESSEL VOY ETA Tlw Tlw P. KLANC SPOKE MULE Princesslily V 0899 U/09 15/09 24/09 Empress Lily V 0599 30/09 01/10
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      1099 29 SAX SERVICE (DIRECT) iyroa VOY SJNfU LAX OA* PAL HOU (H CDIMiMfIIWYC AFISPM. 0131 18/08 02/09 07/09 07/09 10/W 10/09 10/W 10/09 11/09 11/09 yiTWOUOSt 027! 25/08 09/09 14/09 14/09 14/09 15/09 15/09 15/09 16/09 U/09 AfISAMONYX 014f 01/09 16/09 21/09 21/09 22/09 22/09 22/09 22/09 23/09 23/09 API TOURMAUNI
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      1917 29 (R) HANJIN SHIPPING iik FI U 4 MsMtdLm MB *****30 HANJIN SHIPfMG (S) rn ITS Kn* b*» aw IOOMNb *****3S 737 SAUS *****74 731 OOOMMT *****71 774 OftUTKMS *****50 7SI MAIN UK *****65 FAX 777WM CI HO **********0 M TO NW USA CANADA USA CANADA*"" FDR VSI/VOY I OAM I
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      220 29 FULLY COH T A 1 11■! l SIP PIPICATIP SIKVICIS K fIA T C noxmiu m In/oipvw I- I I j I j| AOIPAHUA Oia V/m M/W 01/W 03/W provides LCL consolidation to HKUUAM HIS V/m OVW OS/W 07AW 01/W mrcmjW6 tig 31/ D» *l» 01/W OS/W 07/W 10/w 11/W
      220 words
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      1723 30 DSR-SENATOR LINES I TO UK/CONTINENT TO MiaJfIISKRANEAN/CANADA VtSSft VOT IwT" L£H RTM Him HM W FU VESSfI VOY SW «T tK FOS W.C WW HAMJM UEiUMG 0070W 27 M 18 88 lIH 1188 17 88 KM IBH ZAIOOiIN 8837W »H 14 M 18 88 18 88 »88 PUNJAB SEMATOti 0009W
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      938 30 ii MAfc-NELS S'PfIRE M'SIA I Carrier: MN COHTR LINES, INC P. GUDANQ: (07) *****26 I 1-Iw\~ J CM NO: **********05 SCU: (064)*****9 MAMLA: (632)*****24 VW PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21)*****46 KUCHKG (062) *****1-3 MMgllS/GINOA BOMBAY MV "MILDBURG V.9515 MV "KOTA
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      556 30 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel S PORE N SHEVA COLOMBO P KLANG TULSIDAS Vll3 31 AUG 17 SEP 14 SEP 11 SEP TARPON SILVER VIB3W 06 SEP 14 SEP 21 SEP 26 SEP CAPE CANAVERAL VIIIW 13 SEP 21 SEP 28 SEP 13 OCT TULSIDAS Vll4 20 SEP 28
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      1597 31 [vessel voy khh hkg sin pkq pqb dxb dmm ba bik IRAN SATTARI PCL-5117 25/08 27/08 31/08 01/09 11/00 12/00 13/00 15/00 17/00 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 28/09 28/09 30/09 IRAN SHAHRYAR PCL-5120
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      2064 31 Soilinf to Mm Hodiidoh, 1 Wr Djibouti (Via Dubai) I I SINGAPORE'S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/l) *****02 JOHORE OFFICE: COSTAR SNIPPING PTE LTD f 12-00 sales/bigs *****57/60 inward dept (o/oj s *****85 COSTAR AGENCIES (M) SDN BHD CRNQ:II7B769OOOOM SINGAPORE *****8 CONVUITK)NAI *****50/55
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      1548 32 EUBOPC/UK/SCAHDIIMVtA/FIHUWD/BUSStA SGP RON ANW HBG THP ZEE LHV LHV TMP ROM ANW HBG PKL SOP E DIAOEM RW-007 05*9 23/09 29/09 25*9 27/09 28/09 29/09 E RESULT RE 826 12/01 14/08 13/08 15/08 17/08 asm DM9 E DAINTY RW 012 12,09 30/09 06/10 0210 04/10 05/10 06/10 I. ROUND RE-038
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      1453 32 ADVANCE CONTAINER LINES (PTE) LTD ~A n I TEL *****21. FAX *****19. TELEX :RS ***** ACLPL W FOR BOOKINGS PLEAS! CALL; *****22 SAifS A MARKETING *****2128 OPERATIONS: *****6 CV *****05 CR NO. **********0E BANGKOK. T nOMNt JAKARTA (7 lM**AKu>) t VOY I SIN OKK VESSEL VOY RN JKT KOIA RAIMA
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      472 33 BSA 1. I MYANMA wBBk FIVE STAR LINE (Myonwor National Li»«) 1 Loading for Yangon (Rangoon) VESSU VOY SM fU NUI KING TUNG 4W SU> SAGAIMG 67* 04/01 MALAYSIA AGENTS: IOUSTIAD SHIPPING AGCNOIS KUt m (03)*****00 PKL TEI (03) *****01 PtN; m (04) *****02 PGU: TTI (07)*****21/4 BANK LINE (A
      472 words
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      1282 33 HMNE- F HYUNDAI MERCHANT MARINE CO., LTD. jv JJJJ JjJj h |t yesa vot "sm" sou ibi n> ant ham mv "wl vissa voy sou m «tm aw hml_mv—m—sm_ J NOLAMAZOMT! 024W 02/04 20/04 25/04 22/04 23/04 RMM 57* 13/0B 14/04 04/04 10/04 01/49 V LA LORE S24W 03/04 24/04
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      1049 33 AfALLENIUS WILHELMSEN 0 NORTH AND lATIN AMERICA ""CAR RORO HEAVYUFT SERVICE" iss£L VOY I RAMP HEIGHT SIN LAX CRL MIA SAV I BAi OSF NYC WW MOO OURCOMG AHOS lOOkS" ~631 ***** 11/10 WlO 227Tb 24/10 WWWfW 29/10 WTT 06/11 APKXA AHO6 400 Tom 6.3 M 26/09 2S/10 03/11 06/11
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      714 34 BANGKOK/ MAP TA PHUT/ LAEM CHABAMOI JAKARTA/PANJANO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN ANAN BHUM** 128N In Pt 04/09 LIAOHE* 006 In Pt 04/09 ULA BHUM 120N In Pt 03/09 04/09 03/09 GURU BHUM 144S 01/09 06/09 NANTA BHUM" 461N 01/09 04/09 05/09 VIRA BHUM
      714 words
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      339 34 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SEFMCE va Ivorl m 5l —Tn» m *a ml rtoiwwjw ?is n/ww/w is/wi7/w»/w it/w MBTBnawßg as w/wn/w n/w k/w p/w n/m n/u KIIWI ltt_ U/WIO/W W/nUI/lo|oi/lo| 10/10 mawmo lig|p/wa/oJ»i/i>l |00/io|ii/io| i4/i«|i7/i»| FEEDER SERVICE TO INDONESIA (1 VOT Ml WW KMWWB BMHC vs
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      744 34 VESSELS VOY SW PKL I JED I ML* LJEH RTM HAM ZEE SOT VILLE DE TAURUS A33W 31AM 01 AM 06/06 15/06 20/09 22/06 23/06 25*06 26/06 WUfWfIUMM U33W 07AM 06*06 ~~17A» 21AM 2SAM 26*06 28X06 01/10 02/10 \MXE DE ANTARES L33W 14A» 15AM gg 28/08 04/10 06/10 06/10 QyiO
      744 words
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      49 35 INTRODUCING OUR NEW FAR EAST USA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 FULL CONTAINER < EVERY MON/wed/FRI) EXPRESS SERVICE MSC A S encies Ltd Turn To Pg 5 For Service From PASIR GUDANG/ SINGAPORE to MIDDLE EAST/VIETNAM China Shipping (S) Agencies Pte Ltd j H CONTAINER LINE Pg 4
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  • Page 37 Miscellaneous
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      Lock icon Page 37 Miscellaneous Column 1
      131 37 ios 100E ttoT LEGEND R Thunderstorm Temperature <> c X\ w Shower Weather ~S Wind direction with speed m knots Rom Cloudy Sky Wave heigh, Svrfoce winds ore indicated by arrows which fly with the wind One tu* circle represents calm or light and variable winds One hoH tleche represents
      131 words
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      147 38 -BUSINESSCENTRE Call Press T key in Document Code Key in fax number Enter your phone number j INTERNATIONAL FREIGHT FORWARDING I BSffliEß Are you conversant with the roles and responsibilities as a contractual carrier or a forwarding agent? I I I T i Modelled after the UNCTAD TRAINMAR course, this
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  • MARITIME & LOGISTICS TRAINING
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      Lock icon A bright future for local logistics
      650 39 Logistics is big business. To keep a competitive advantage, the local industry will use IT more widely, invest in sophisticated infrastructure and nurture more logistics professionals. WITH an increasing pool of highly trained logistics professionals, greater infrastructure and the more pervasive use of IT,
      650 words
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      Lock icon Industry leaders in the making
      810 40 Many opportunities for training exist for urgently needed marine professionals. THE marine industry in Singapore, consisting of ship repairs, offshore conversions, ship building and rig building, generated a turnover of more than $3.85 billion in 1996. This represents a dramatic rise from the 1960s when
      810 words
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      Lock icon Shipping and logistics training
      446 40 TRAINING of skilled personnel to meet the manpower needs of the shipping, port, ship repair/shipbuilding and logistics businesses in Singapore is covered by a host of government-linked and private training bodies. Maritime port training A wide range of courses tailored to meet the ship owner's requirements
      446 words
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      Lock icon Five steps to the big picture
      701 41 Logistics professionals who are able to quickly adapt to the changing trends of this dynamic industry have an enterprise-wide view. Here's what it takes. CHANGE is the only constant in the fastpaced business environment which means logistics firms must be able to see the
      701 words
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      Lock icon Charting a new course for maritime training
      786 42 Education and training institutions need to keep courses relevant to the demands of the changing maritime environment. Maritime education and training (MET) has traditionally concentrated on the training of marine engineers and deck officers for the last 45 years. Over time, these courses
      786 words
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      312 39 kflß SINGAPORE POLYTECHNIC THE REMIERE INSTITUTION FOR MARITIME education and training This is an entirely new course designed for Registered Safety Officers. Safety Officers should be qualified in safety auditing and also possess good; modvadonal and interpersonal skills. ASCM is designed to prepare and upgrade diploma graduates in the field
      312 words
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      123 40 The Only Professional Institute which offers courses in Supply Chain, Logistics, Materials, Distribution and E-Commerce Management INTEGRATED SUPPLY CHAIN MA 53Hu E-COMMERCE MANAGEMENT J participants with NTC/ITC qualifications, and who are members of the ITE Alumni Association, will receive a 5% discount on the course fees. H/-Vf BACHELOR IN LOGISTICS
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      286 41 LOGISTICS- I THE PRIME MOVER ■K||2|9 ■IliM IHHillHi^raiflHßfiriHiilHHHH 1 I S I LHyr I WKKmmKtK^ Asia Pacific International University your professional DIPLOMAS in a er Purchasing Mgmt (DipPM) $240/mth (12th intake) DOglliS Logistics Mgmt (DipLM) $240/mth (12th intake) With US Shipping Mgmt (Dip SM) $210/mth (9th intake) For Enquiries, /ForNTC,
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      689 41 A two day, practical workshop on Supply Chain Management Techniques Learn Tested Supply Chain Management Techniques that work! 14th-15th Sept 1999, Sheraton Towen, Singapore 14th-17fh Sept 1999, Hold Nikko, Kuala Lumpur, Malaysia ■".lII.U.'.'II.IWHO SHOULD ATTEND? ■UtljjPM Vice Presidents. Directors. Managers. Analysts Project Managers. MIS/IT Directors and Radi ca 11 y
      689 words
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      383 42 faa* N gee Ann I 2; I The Polytechnic of Industry IHJ QUALITY CLASS Connecting Minds, Unlocking Talents and Creating Value for the Maritime Logistics Industries... Diploma in Logistics Engineering Diploma in Shipbuilding Offshore Management Engineering In a 'globalised' world, the world has 1650 professionals have graduated from become 'borderless'
      383 words
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      232 42 Meet Industry's Best in Automation, Material Handling Logistics n Handling, W, Gain that extra competitive edge to stay ahead! More than 200 companies from 22 countries will be present to offer ready solutions in the fields of automation, logistics and supply chain management at lA/LOGISMAT '99. Benefit from Expertise Experience
      232 words