The Business Times, 22 September 1999

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Microfilm: NL21648
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 fHEBUSINESSTlMES MITA (P) 04tV12/98 85c SINGAPORE Internet: httft*/^bustftess-limes.asia 1 .com.sg/ WEDNESDAY, SEPTEMBER 22,1999
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  • Article
    Lock icon MARKET SUMMARY
    69 1 sn 240*04 (-13.89) n™ mM 80*30 (-1.57) d SDDX3 nJTTJIES mm 296.70 (-2.20) IT MAIEET MOOD: MDfWI STOCK HAKKET INDICES Tuesday Change KLSE COMP MM +2827 NIKKEI 17,832.78—+387A3 HANG SENG 13,410.46 -61J1 SET INDEX 426*4 -8J7 JAKARTA COMP —647* +U8 MANILA COMP _tl*M +28.78 TAIPEI WP! Owed SEOUL
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  • Article
    Lock icon FINANCE
    77 1 ram urn USS St US$ 1.7« £(US»ffilp«r£) —1-822 1711 EURO(US$/S$ per E) LW4 1.778 DM L874 UN YEN Mi RM 1808 1448 HKS 7.787 0219 BABT 4018 0842 BUPIAH 8.820* •SttoMmnta PRIME BATES SINGAPORE* 5 JO KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK MM MANILA 11.00 HONGKONG 8.25 TAIPEI A
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  • Article
    Lock icon Malaysia slashes exit tax on stock profit to a flat 10%
    694 1  -  Bat ringgit's peg to US dollar expected to stay for some time From, Eddie Toh in Kuala Lumpur MALAYSIA slashed its capital gains tax'on stocks from 30 per cent to 10 per cent in a further easing of capital
    694 words
  • Article
    Lock icon Yen soars as BOJ springs policy surprise
    389 1 Market braces for 100 yen as central bank says it won't boost money supply Bloomberg, AFP [LONDON] The yen soared more than two yen against the US dollar after the Bank of Japan said in a surprise announcement that it will not increase
    Bloomberg,; AFP  -  389 words
  • Article, Illustration
    Lock icon Ong Beng Seng to sell Hitachi Tower, Caltex House to Pidemco: sources
    573 1  -  $800 m price tag below last year's $lb asking price By Kalpana Rashiwala (SINGAPORE] Businessman Ong Beng Seng is stitching a deal to sell his Hitachi Tower and Caltex House office blocks, worth close to $800 million in
    SIEW YAW HOONG  -  573 words
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      166 1 DfSTOE TAIWAN QUAKE Staggering cost, worse disaster than Kobe, PgB Futures traders send Taiwan stock index ptunging, Pg 17 |M«yu breakfast f*£r tomorrow Pr amoncj tho first r.i>oo buyers of our new-look PT tomorrow .*iul this bre.ikfast sot is sours It s available M sokvtocl outlots in th«* R.iTflrs ri.u-o
      166 words
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      10 1 OIC agrees to lease 40% of Capital Tower: Pg 2
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon US$750m underwater cable project taking oft says SingTel
      584 2  -  Tender to install network owned by Sing Tel and 9 telcos opens on Oct 18 Reports by 1 Teh Hooi Ling A NEW underwater cable network to meet the region's ballooning communications needs is underway, with the investors Singapore Telecom and nine
      584 words
    • Article, Illustration
      Lock icon Compare quotes, buy insurance – online
      304 2  - Compare quotes, buy insurance online By I Soh Tiang Keng SINGAPORE'S first online insurance market, allowing customers to compare quotations and buy insurance products over the Internet, has been launched. The market is established by e Island Pte Ltd, a local Web-based enterprise, with three general insurers AIG of the
      304 words
    • Article
      Lock icon SM Lee begins nine-day visit to China
      370 2 He will speak at the 1999 Fortune Global Fornm in Shanghai next week The Straits Times [BEIJING] Senior Minister Lee Kuan Yew begins a working visit today to Beijing, Suzhou and Shanghai at the invitation of the Chinese government. In Beijing, he will
      The Straits Times  -  370 words
    • Article
      Lock icon Cables, cables everywhere?
      444 2 Asia-Pacific could face over-capacity: Alcatel exec BESIDES APCN2, there are five other potential submarine cable systems being planned by various groups in the region at a cost of nearly US$5 billion (SSB.S billion), said Alcatel Submarine Networks' Asia-Pacific vice-pres-ident Jean-Marie Beaufils. If all are implemented and completed
      444 words
    • Article
      Lock icon New policy linked to investment from Prudential
      333 2 PRUDENTIAL Singapore has launched an investmentlinked insurance policy that calls for just three annual premiums of as little as $2,000. But it is offered only to people aged between 22 and 55. Called the PruLink HiSaver Account, the policy's insurance cover or the
      333 words
    • Article
      Lock icon Exports to US, EU still slow
      364 2  -  EYE ON THE ECONOMY Trade By. Audrey Tan SINGAPORE'S exports to the recovering Asian economies are expanding in double-digit terms, but those to the US and EU are sluggish, latest figures from the Trade Development Board show. Demand from the US, which absorbs more
      364 words
    • Article, Illustration
      Lock icon GIC agrees to lease 40% of Capital Tower: sources
      330 2  -  It is tipped to move into Pidemco project at end of next year Kalpana Rashiwala THE Government of Singapore Investment Corporation (GIC) is understood to have agreed to lease 300,000 sq ft of space at Pidemco's Capital Tower project in Robinson
      330 words
    • Article
      Lock icon Scrap board lots to boost efficiency in share trading
      320 2  -  MAXLBAG Alison Cousland Singapore via Internet I HAVE read with interest previous letters and articles regarding the trading of shares in Singapore and would like to add two points to the discussion: Board lots. With a centralised share registry (CDP) in
      320 words
    • Article
      Lock icon Firms must give complete data
      171 2  -  A S Khaled Brunei via Internet DEPUTY Prime Minister Lee Hsien Loong's comments on IPOs are certainly very timely. I believe companies intending to go public should provide audited results of the last five years and provide a credible forecast. Companies failing to meet forecasts
      171 words
    • Article, Illustration
      Lock icon Uunet wins Internet access service provider licence
      401 4  -  Company currently negotiating for lASP licences in 11 other Asian countries By Toh Han Shih UUNET, the world's largest Internet service provider for businesses, has secured a licence to be an Internet access service provider (lASP) in Singapore. Owned by MCI Worldcom, the
      FILE PHOTO  -  401 words
    • Article, Illustration
      Lock icon SIA cancelling some New Year's Eve flights
      754 4  -  Affected services include Europe, Middle East and South Asia By Ven Sreenivasan SINGAPORE Airlines has joined a growing list of regional carriers which are either cancelling or reducing their flights during the crossover to the New Year. It announced yesterday that it is
      FILE PHOTO  -  754 words
    • Article
      Lock icon S'pore named Intelligent City of Year
      144 4 SINGAPORE has won the first-ever "Intelligent City of the Year" award to be given out by the World Teleport Association (WTA) and Telecommunications Magazine. Headquartered in New York, WTA is a non-profit association of teleports in over 20 countries. Thaaward recognises a city thaTviews
      144 words
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      48 3 -V <W Only Canon laser colour gives you a choice. HHjj Hign volume, low volume and now, something HHh in between. ___H c _jr> BHI E sf Ev TT 1 Rh^BHSSB CLCIOOOS It, t SK ,-jss*Z ij l ac 1150 mimSt Canon Colour Laser Copiers/Printers, <all 1800 *****85.
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      140 4 Our incs y"\rv It \Lv Mxir On It! \l I .H k-I !'k-micrc. we- know \<>ti w.ml l<> impios, tli.il s win ur .inn• up with .1 sj> •< i.ilk selec f«•«I <il 11 n«> wmes I torn the me >s! unowned unev.iids in Horde.mv I miu e. I!es| ol
      140 words
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      442 4 ANNUAL mr POWER-GEN ASIA 1999 Incorporating DistribuTECH Asia '99 22-24 September 1999 Level 4 Singapore International Convention and Exhibition Centre Attend Asia's Largest Power Generation Conference and Exhibition Now in its seventh year, POWER-GEN Asia is the leading electric power event focusing on topics in the global power generation industry.
      442 words
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      12 4 BA oats New Year's Eve flights by 64%, Shipping Times, Pg 16
      12 words
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon Thais to stop borrowing from IMF; reserves up
      669 5 But they will leave credit line open in case China devalues yuan Bloomberg [BANGKOK] Thailand, the country that triggered a worldwide crisis of confidence in emerging markets in 1997 by devaluing its currency, said it no longer needs the International Monetary Fund's
      Bloomberg; FILE PHOTO  -  669 words
    • Article
      Lock icon M'sian swap deals for foreign brokers
      165 5 Swaps must be for firm share buys, mature in 5 days Reuters [KUALA LUMPUR] Malaysia's central bank said yesterday that authorised dealers are allowed to enter into short-term currency swap arrangements with non-resi-dent stock brokers to cover payment of purchases of shares on the
      Reuters  -  165 words
    • Article, Illustration
      Lock icon BN decides on number of banking groups: Daim
      185 5 AFX-Asia [KUALA LUMPUR] First Finance Minister Daim Zainuddin said it will be up to Bank Negara (BN) to decide on the total number of banking groups to be allowed to operate in the country, Bernama news agency reported. Responding to questions on
      AFX-Asia  -  185 words
    • Article
      Lock icon Thomson lifts KL credit ratings to investment grade
      250 5 Move comes 3 weeks after easing of exit tax on foreign fnnds Bloomberg [HONGKONG] Malaysia's sovereign credit ratings have been upgraded to investment grade by Thomson Financial Bank Watch which cited a strengthening economy that has remained stable since the government lifted
      Bloomberg  -  250 words
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      5 5 Strait Talk TheßinmesTimes Shipping Times
      5 words
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      184 5 **;«i f jAf'^K. Af. f nf jjP' J I^^^^lhel '<*. j jf r s jjf* iSX,!*. r/iHi (PERPETUAL THINKING PROCESS} INFINEON CYCLE Fall, ***** Dr. Ulrich Schumacher named CEO of Siemens Semiconductors. TODAY, In the arena of yoii can't afford to wait around for anyone to ask you to do
      184 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Jakarta bonds fall to 3-mth low as debt risks rise
      463 6 CRISIS IN INDONESIA Premiums hit by aid suspension following Bank Bali scandal, E Timor crisis Bloomberg [HONGKONG] Indonesian bonds tumbled to their lowest levels in three months amid concerns over Jakarta's ability to pay its debts as a result of
      Bloomberg  -  463 words
    • Article
      Lock icon Aussie mining firm halts work in Indonesia
      113 6 JAKARTA AFP AN Australian company has stopped its gold exploration activities in Indonesia in the wake of the East Timor crisis, the state-owned Antara news agency said yesterday. V Malonda, provincial head of the mining and energy office, said the move was probably
      AFP  -  113 words
    • Article
      Lock icon Indon panel to name officials linked to Bank Bali case
      469 6 Parliamentary team will also reveal results of probe Bloomberg, AFP [JAKARTA] An Indonesian parliamentary task force probing the PT Bank Bali scandal plans to unveil tomorrow the names of government officials linked to the corruption case. The 23-member committee will
      Bloomberg,; AFP  -  469 words
    • Article, Illustration
      Lock icon Why Ginandjar is quitting Cabinet
      805 6  -  It could be a tactical move to strengthen his own bargaining power ASIAN VIEW By Yang Razali Kassim IN Auckland recently, I asked Indonesia's economics supremo Ginandjar Kartasasmita whether it was true he was quitting the Cabinet to join forces with opposition leader Megawati Sukarnoputri.
      805 words
    • Article, Illustration
      Lock icon Habibie defends E Timor policy in Parliament
      587 6 JAKARTA He slams Australia for overreacting to the crisis Reuters, AFP INDONESIA'S increasingly unpopular President BJ Habibie yesterday defended his policy in East Timor and assailed neighbouring Australia for overreacting to the crisis in the tiny territory. He urged Parliament to respect the
      Reuters,; AFP  -  587 words
    • Article
      Lock icon IMF okays Manila's deficit
      294 6 Budget deficit rising to 80b pesos will help fuel growth AFP (MANILA) The International Monetary Fund (IMF) has agreed to let the Philippines run a higher budget deficit in order to fuel economic growth, Filipino officials said yesterday a week of negotiations. The deficit is likely
      AFP  -  294 words
    • NOTE Book
      • Article
        Lock icon M'sia opposition proposes Anwar as PM
        108 6 AFP, Reuters [KUALA LUMPUR] Malaysia's opposition alliance yesterday proposed that jailed ex-deputy premier Anwar Ibrahim should be its candidate for prime minister in the coming general elections. The alliance, which called itself the Alternative Front, comprises Parti Islam Semalaysia (PAS), the National Justice Party
        AFP,; Reuters  -  108 words
      • Article
        Lock icon Indon growth still positive: official
        73 6 AFX-Asia [JAKARTA] Central Bureau of Statistics head Sugito Suwito said he still expects economic growth to move in a positive direction this year despite the International Monetary Fund's decision to temporarily halt loan disbursements until the PT Bank Bali case is resolved, Bisnis Indonesia reported.
        AFX-Asia  -  73 words
      • Article
        Lock icon Habibie-Wiranto duo ideal: Golkar chief
        97 6 AFP [JAKARTA] The chairman of Indonesia's ruling Golkar said yesterday he would recommend the party select President B J Habibie and military chief General Wiranto as its ticket in the November leadership election. "They have cooperated well for a long time and seen from other
        AFP  -  97 words
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      49 6 RIDE OF A f LIFETIME s?Po%ch#im SpeMstewCAfl. j S*«ngchMp Muatvtow I ,«ou* Lirr»AC« 1 E£J»inA.«* $233,000 0.n.0. WMB H. E ca^ J*l SMnS^ 13 X* 3W* N*»"° Steer through The Straits Times Classified to find the best car for your budget. 1 Buy It. Sell It. Find it. u
      49 words
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      214 7 From helping construct a secure building at the blueprint Which is why at CISCO, offering total security has evolved stage to installing and monitoring burglar alarms, one nto a comprehensive operation supported by five major company offers value-for-money security solutions. CISCO. divisions. The tried and tested expertise of these divisions
      214 words
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  • TAIWAN EARTHQUAKE
    • Article, Illustration
      Lock icon Quake seen pushing chip prices higher
      516 8 TAIPEI Impact worse than Taiwan's Jnly power blackout: analysts Bloomberg AFP, Reuters THE massive earthquake that rocked Taiwan overnight was expected to push world chip prices higher, at least in the short term, analysts said yesterday. The temblor paralysed production lines at Hsinchu Industrial
      Bloomberg; AFP,; Reuters; REUTERS  -  516 words
    • Article
      Lock icon Taiwan quake toll: over 1,500 dead, 3,800 hurt
      137 8 AFP MORE than 1,500 people were killed and 3,800 injured yesterday as Taiwan was devastated by its strongest earthquake this century, sparking a desperate rescue to free hundreds buried alive. Barely a building was left untouched in the worst hit areas as
      AFP  -  137 words
    • Article
      Lock icon Economic damage could top Kobe's
      590 8  -  Structural loss pnt at NTsloob, bat experts say costs may exceed NTs7s6b From Macabe Keliher in Taipei TAIWAN was staring at a reconstruction bill bigger than Japan's Kobe disaster after the worst earthquake to hit the island shut factories down, with its key chip industry
      590 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Pudong Development Bank to offer shares worth 4b yuan
      349 9 SHANGHAI Move seen as a breakthrough in China's fimmrial reform Reuters CHINA'S Pudong Development Bank said yesterday that it will offer stock worth four billion yuan (*****.7 million), a move hailed by the official media as a breakthrough in financial reform.
      Reuters  -  349 words
    • Article
      Lock icon China seen growing by 7% this year
      226 9 HONGKONG AFP CHINA'S economy is expected to grow 7.0 per cent this year and 6.8 per cent in 2000 due to rising exports and the boost provided by a new fiscal stimulus package, Dresdner Kleinwort Benson said yesterday. In a report, the investment
      AFP  -  226 words
    • Article
      Lock icon Hongkong revises 2nd-quarter GDP growth to 0.7%
      177 9 HONGKONG AFP HONGKONG yesterday confirmed that its economy had returned to growth with a modest expansion in the three months to June after five consecutive quarters of contraction. An improvement in the ex- ternal environment and domestic consumption was credited for the growth.
      AFP  -  177 words
    • Article
      Lock icon China's inflow of FDI falls sharply, continuing slide
      298 9 BEIJING Strategist points to sluggish economy, lingering impact of A gia n crisis Reuters CHINA'S foreign investment inflows fell sharply in January to August, continuing a slide that highlights the urgency of completing negotiations on joining the World Trade Organisation (WTO). The
      Reuters  -  298 words
    • Article, Illustration
      Lock icon China drug plant suffers computer crash on Sept 9
      200 9 BEIJING Reuters A PHARMACEUTICAL factory in China suffered a computer crash on Sept 9, 1999, when the system read the date as a command to stop, the China Youth Daily reported yesterday A system at the factory on the southern island
      Reuters; REUTERS  -  200 words
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      57 9 ■At Deutsche Bank our experience and expertise give us unique insights. Insights based on our deep underB standing of the market and our broad industry knowledge. Unique insights that can be directly H translated into superior value for our H clients another reason why leading to results.™' Deutsche Bank is
      57 words
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  • ASIA
    • Article, Illustration
      Lock icon Aussie business tax revamp to benefit stocks and currency
      417 10 CANBERRA Broad-ranging reforms include cnt in the company tax rate to 30% Reuters THE Australian share market and the dollar are poised to benefit from sweeping business tax changes announced yesterday, while the overall measures are supposed to be neutral to
      Reuters; FILE PHOTO  -  417 words
    • Article
      Lock icon Korea tax income seen rising to 9.7%
      336 10 SEOUL This should help narrow deficit to 12.9t won Bloomberg SOUTH Korea's government is banking on a 9.7 per cent increase in tax revenue next year, as more people find work, and the recovery from recession underpins corporate profits. The government expects to
      Bloomberg  -  336 words
    • Article
      Lock icon Republic shareholders fear delay in takeover by HSBC
      317 10 TOKYO FT SHAREHOLDERS in Republic New York said yesterday they were concerned that the US banking group might have to postpone its Oct 12 shareholder meeting, called to approve its takeover by UKbased banking group HSBC Holdings. The bid is under threat
      FT  -  317 words
    • Article, Illustration
      Lock icon Five Hyundai officials charged in stock scam
      378 10 SEOUL Hyundai Securities head among those charged AFP, Reuters SOUTH Korean prosecutors yesterday indicted five business executives from the Hyundai Group, including the head of the country's top securities house, on charges of rigging stock prices. However prosecutors declared Chung Mong Hun, son
      AFP,; Reuters; REUTERS  -  378 words
    • Article
      Lock icon Japan electricity use up in Aug
      277 10 ■TOKYO This suggests strong industrial production: analyst Bloomberg JAPANESE manufacturers used more electricity in August than they did a year earlier, a sign that they are cranking up production and that last month's output will meet expectations of a record increase. Manufacturers, which consume
      Bloomberg  -  277 words
    • ASIA Notes
      • Article
        Lock icon Obuchi wins party leadership race
        66 10 Reuters [TOKYO] Japan's Prime Minister Keizo Obuchi yesterday cruised to an easy victory in the race for president of the ruling Liberal Democratic Party (LDP), ensuring he remains premier. Mr Obuchi garnered 350 votes, or 68 per cent of the total votes cast, against 113
        Reuters  -  66 words
      • Article
        Lock icon No plans for forex curbs, says Seoul
        73 10 Bloomberg [SEOUL] South Korea denied a report that the government will require hedge funds to deposit part of their investments with domestic financial institutions when speculating on foreign currencies. The Korea Herald reported the government plans to control short-term capital flows to prevent
        Bloomberg  -  73 words
      • Article
        Lock icon Niigata Chuo Bank shares sink 35%
        79 10 Bloomberg [TOKYO] Niigata Chuo Bank shares plunged 35 per cent after the troubled bank said it would abandon plans to raise 22.19 billion yen (*****.4 million) from a new share issue. The shares fell the daily limit of 30 yen to 56, after being
        Bloomberg  -  79 words
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      1222 10 Sb Leong Hin Holdings Limited (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Leong Hin Holdings Limited (the "Shareholders") will be held at 17 Gul Way, Singapore *****4 on 12 October 1999 at 9.30
      1,222 words
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  • THE WORLD
    • Article
      Lock icon Rising exports up growth in Italy, Germany, France
      617 11 FRANKFURT Euro region likely to grow 2.1% this year and 2.8% in 2000, says IMF Bloomberg REBOUNDING exports are boosting growth in Germany, France and Italy, the three largest economies in the euro region, reports yesterday showed. German executives were more optimistic
      Bloomberg  -  617 words
    • Article, Illustration
      Lock icon Volkswagen parades lookalikes
      67 11 [BERLIN] Lookalikes of Winston Churchill, Oliver Hardy, Stan Laurel, Monica Lewinsky, Clark Gable, Sean Connery, Michael Schumacher, Jack Nicholson, Mika Hakkinen, Michael Jackson, Tina Turner, Sylvester Stallone, former East German communist leader Erich Honecker, Marilyn Monroe andformer German minister Norbert Bluem (clockwise) posing in front of the
      REUTERS  -  67 words
    • Article
      Lock icon Trade liberalisation 'biased': Unctad
      246 11 GENEVA AFP TRADE liberalisation is proceeding in a "very unbalanced and biased way", the. head of the UN trade body said here on Monday. "It has been a constant all over this period that liberalisation took place mostly in areas of export interests of the industrial
      AFP  -  246 words
    • Article
      Lock icon G-8 nations see minimal damage from Y2K bug
      219 11 BERLIN Reuters OFFICIALS from leading industrial nations said yesterday they were increasingly confident they had the millennium computer bug under control. "Given all the hard work put in, we can be optimistic that we will come through Y2K largely unscathed," Alfred Tacke,
      Reuters  -  219 words
    • Article
      Lock icon US July trade deficit hits US$25.2b
      570 12 WASHINGTON Merchandise gap with Japan widens toUSs6.Bb Bloomberg THE US international trade deficit in goods and services unexpectedly widened in July to a new high, as imports rose at a faster pace than exports. The deficit grew to U5525.2 billion (5542.8 billion) for July
      Bloomberg  -  570 words
    • Article
      Lock icon UK Caribbean financial centre operations to be reviewed
      322 12 KINGSTON FT BRITAIN is to use independent analysts to review the operations of offshore financial centres in its Caribbean dependent territories and Bermuda. The move follows expressions of concern by several of the territories' administrations about the impact of new regulations which
      FT  -  322 words
    • Article, Illustration
      Lock icon US support for Russian loans only with reforms
      390 12 IMF, WB must hold ttnggjfl mmttMc, says Summers Bloomberg US support for continuing international loan programs for Russia is based on Russia ensuring the money will not be lost, Treasury Secretary Lawrence Summers said. "Providing assistance in a way that puts the
      Bloomberg; FILE PHOTO  -  390 words
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      436 11 Lange's distinguished past. Lange's distinguished present. T The cross of the Legion of Honour. e Watch of the At the 1900 World Exhibition in Paris, ear "A. Lange Sdhne" showcased /f <)TT W For the second time in three pocket watches which astonished even m years, the Lange 1 has
      436 words
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      142 12 The Pleasantest Place In The City. v .-v l I lljj H All's not what you'd come to expect at Californian cuisine. Complemented by HMIHHI Li the new Billy Bombers American a touch of swing, a dash of jazz, a Classic. Indulge in a fine menu of red sprinkle of
      142 words
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      8 12 NeedlMi wwry over US trade data, Pg 13
      8 words
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      157 12 Don't phone... if you just want three letters after your name. The Henley MBA is designed for busy executives. A flexible program based on Henley's advanced distance learning methods including CD-Roms and a Lotus Notes based computer support system.The Henley MBA is also supported by workshops and seminars held in
      157 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Private lenders should be at the barbecue too
      738 13  -  THE BOTTOMLDVE OPINION By Reginald Dale The writer is a columnist with the International Herald Tribune. His e-mail address is: thinkahead@iht.com IHT WHO is to blame when financial crises strike countries like Thailand, Mexico or Brazil? The country itself, for pursuing reckless
      IHT  -  738 words
    • Article
      Lock icon IN OTHER WORDS
      133 13 'Had Britain and France not given the war guarantees to Poland, there might have been no Dunkirk, no blitz, no Vichy, no destruction of the Jewish populations.' Pat Buchanan former speech writer for Richard Nixon, who now wants to be the Reform Party'spresidential nominee. The number of
      133 words
    • Article
      Lock icon M'sian banks: Size isn't enough
      682 13 EDITORIAL IN 10 days, a clearer picture of the new face of Malaysia's banking system will emerge, one which will look markedly different from the old. But as the Sept 30 deadline approaches for the signing of memoranda of understanding between the many banks involved
      682 words
    • Article, Illustration
      Lock icon Needless worry over US trade data
      1050 13  -  A flawed perspective reflects mercantilist thinking discredited over 200 years ago By] David H Resler The writer is chief economist and managing director of Nomura Securities International Inc, New York. His views are not necessarily those of Bridge News, whose ventures include the Internet
      FILE PHOTO  -  1,050 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      868 13 THE United States should now ensure that Indonesia turns towards a sound market economy and democracy. First, it should engage in quiet diplomacy, not public ultimatums. "Go to heU with your aid" was the reaction of former president Sukarno to threats that the United States might
      REUTERS  -  868 words
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  • FOCUS
    • Article, Illustration
      Lock icon Chaebol stronger than before
      832 14 Owners of conglomerates have become so much more powerful during the recent downturn that even Seoul finds it hard to force changes on them NYT [SEOUL] THE government has spent much of the last two years trying to shrink the size and power of South Korea's
      NYT; FILE PHOTO  -  832 words
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      132 14 s f j Risk. Covered by Allianz Group. -v t Wherever you are. Whatever you I. r j t do.The Allianz Group is always on ,;i I 1 v your side I\i us risk management means thinking the"unthinkable to I J: prevent risk turning into loss. As one of the
      132 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Austrian spiritual retreats
      559 15 Monasteries are opening their doors to world-weary tourists Reuters [GERAS, Austria] Austrian monasteries, which in mediaeval times offered food and shelter to pilgrims, vagabonds and scholars, are again throwing open their doors to guests. This time, however, they are offering refuge to world-weary city-dwell-ers anxious to retreat
      Reuters  -  559 words
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      180 15 Where to wine, dine and entertain /Si Credit Card is now available. 2 *> 4545 J All the fresh oysters you can eat! Help yourself at our carving station then feast over a lavish buffet dinner complete with appetizers, salads, soup and tempting desserts. Complement your meal with a specially
      180 words
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      67 15 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tel: 737 9944 Fax: 733 3175 HIIHf Advertise in Wine, Dine Entertain H|h of The Business Times and reach out SHIP f to 108,000 readers daily. Contact Patrick
      67 words
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      Lock icon Page 15 Advertisements Column 3
      45 15 Hi-Tea Delight Ixxal 111-Tea with over 60 varieties u> savour Complimentary Five Flo* of Soya Bran Milk. Coffee and Tea Saturdays Sundain $14.80+++ VduM $10.80+++ (MM labile llolMaiN $16.80+++WM $12.80+++(MM F'or Reservations. pleasecaM *****32 CafeKwvMtir(Lobby Level) 12pm 4pm Y P»lin<ibnl.l.r hTS (olrwan Street Majiaporr *****3
      45 words
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      Lock icon Page 15 Advertisements Column 4
      172 15 An endless lunch and dinner a la carte buffet with 88 outstanding Cantonese dishes, prepared by Hong Kong chefs. Complimentary bowl of Braised Shark s Fin Soup in Brown Sauce plus a plate of Braised Baby Abalone with Oyster Sauce will be served to diners. Lunch: 328.80 (Adult). 16.00 (Child)
      172 words
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      Lock icon Page 15 Advertisements Column 5
      142 15 A MII>AUTUMN CELEBRATION WITH OUR MANDARIN MILLENNIUM MOONCAKES 27 August to 24 September 1999 Telephone Hotline: 835 4220 <& irxil Jlbrum -a- Jfamiarvt U| jiiipawr—i 113 Orchard Road. S*ngapore *****7 V.:m 1H: 737 4411 Fa* 732 2361 MooHcwkg FesHv#il. Hondmade wilt) only the finest ingredients, Master CM Ye's mooncake masterpieces
      142 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Lock icon Page 15 Miscellaneous Column 1
      1144 15 CRYPTIC CROSSWORD 1 Get a bishop into the upper MM MM TBf 'WSt ~flHf MM room (6) production (8) LJ—■■"'"■Hi 10 Shake, but it remains firm (4) 11 Scotsman coming back to debate in France 15 it used for short journeys LnJ-——Lbß~~—-LJ——L—J-—L-J the 18 Rod and I grin inanely on
      1,144 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Danger of more yen spikes in short run
      1095 16  -  Market gives thumbs-down to Bank of Japan's reluctant gesture; don't expect much help from this weekend's G-7 meeting By Larry Wee THE Bank of Japan's reluctant gesture of a token increase in short-term liquidity yesterday afternoon was immediately given a big thumbs-down
      Source: Reuters  -  1,095 words
    • Article
      Lock icon Regional currencies not quite ready to follow yen
      654 16 But real effective exchange rate values suggest some room for improvement AFTER last week's sharp moves in the yen, the regional currencies are looking even more competitive when measured in theoretical real effective exchange rate (REER) terms. And if yen strength should
      654 words
  • Page 16 Advertisements
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      351 16 Gear up for 9% p.a.* interest rates on I*ss^ your Singapore Dollar Deposit Jk 'A J 'ft I Bb 1 Thn is an indicative interest rate for a Singapore dollar base Premium Deposit based I Ml 1 t 1 ft on the prevailing enchange rate as oH9 August 1999, for
      351 words
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  • COMPANIES & MARKETS
    • Article
      Lock icon ST Telemedia, 2 M'sian firms in running for Time Engg assets
      550 17  -  ST Group competing against Star Hub partner in bid From Eddie Toh, Teh Hooi Ling SINGAPORE Technologies and two Malaysian companies have emerged as bidders for the assets of troubled Time Engineering Bhd, the owner of the biggest fi-bre-optic
      550 words
    • Article
      Lock icon Futures traders send Taiwan stock index plunging
      443 17  -  TAIWAN QUAKE IMPACT Panic-selling pushes MSCI Taiwan Index to lowest close in a month By\ Siow Li Sen [SINGAPORE] Futures traders here yesterday went short on the Taiwan stock index in panic-selling after Taiwan was rocked early yesterday morning by an earthquake that
      443 words
    • Article
      Lock icon Hicom's Proton deal with Petronas: a jump-start likely
      836 17  -  Ruth Wong IT is nearly a year since Malaysia's heavy industry group Hicom Holdings Bhd began talks with the state oil corporation Petronas on the sale of its prized asset, the national carmaker Perusahaan Otomobil Nasional Bhd, better known as Proton. But
      836 words
    • Article, Illustration
      Lock icon Chartered Semicon may win more orders
      364 17 Bloomberg [SINGAPORE] Chartered Semiconductor Manufacturing Ltd, the world's thirdlargest chip contract manufacturer, may win more orders after Taiwan's earthquake, boosting its profile ahead of its initial share offering. Taiwan was hit by one of the worst earthquakes in its history early today, killing more
      Bloomberg; FILE PHOTO  -  364 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon Wing Tai posts $124m net loss
        618 18  -  But company sees turnaround with help of provision write-backs Carol Eng [SINGAPORE] Property developer Wing Tai yesterday posted a net loss of $124 million for the year ended June 30, down 9 per cent from a year ago but expressed confidence for the future.
        ARTHUR LEE  -  618 words
      • Article
        Lock icon Alex Au sees banks merging within a year
        451 18 Bloomberg [SINGAPORE] Alex Au, chief executive of Oversea-Chinese Banking Corp, Singapore's second-largest bank, said he expects to see mergers within the Republic's banking industry in less than a year. Shares of Overseas Union Bank Ltd the smallest of Singapore's Big Four banks
        Bloomberg  -  451 words
      • Article, Illustration
        Lock icon i-One reports six-fold jump in profit to $7m
        602 18  -  Results slightly above company's earlier projections By, Jennifer Lien [SINGAPORE] Newly-listed iOne.net International yesterday posted its maiden fullyear results, slightly beating its forecast with a 548 per cent jump in net profit to $7.06 million. Pre-tax profit for the year ended July
        602 words
      • Article
        Lock icon New IPO rules seen drawing start-ups
        480 18  -  Banks will have to vet quality of potential listees By Ven Sreenivasan [SINGAPORE] The revised listing criteria will attract more start-ups and regional infrastructure listings here but investment banks will have to vet the quality of the companies that they present to the market.
        480 words
      • Article
        Lock icon Telekom-UEM Clob offer approved by SC
        262 18 Bernama [KUALA LUMPUR] The Securities Commission (SC) has approved the proposed joint offer by Telekom Malaysia Bhd and United Engineers (Malaysia) Bhd (UEM) to acquire all Malaysian shares previously quoted on Singapore's Central Limit Order Book (Clob) International. In a filing to the Kuala
        Bernama  -  262 words
      • COMPANY Briefs
        • Article
          Lock icon PCI unaware why trading volume rose
          53 18 [SINGAPORE] PCI Ltd said it is not aware of any reason for the sharp increase in the share price and turnover of the company's shares on Monday. That day, the counter saw a volume of 20.6 million shares and its price rise two cents
          53 words
        • Article
          Lock icon Jaya Holdings net profit up 32%
          95 18 [SINGAPORE] Shipbuilder Jaya Holdings posted a 32 per cent rise in full-year net profit to $16 million. For the year to June 30,1999, its group turnover shrank by 24 per cent from $73.3 million to $55.5 million. The Jaya group also suffered an extraordinary
          95 words
        • Article
          Lock icon GES units sign $116m deal with Epson
          71 18 [SINGAPORE] Digiland International, a subsidiary of mainboard-listed GES International, and its sister company Infonet System and Services yesterday signed a $12.5 million contract with Epson to distribute Epson products within Singapore. Under the contract, Digiland will distribute Epson's scanners, digital cameras and printers,
          71 words
        • Article
          Lock icon PhileoAllied returns to black
          63 18 Bernama [KUALA LUMPUR] PhileoAllied Bank (Malaysia) Bhd has returned to the black with a half-year pre-tax profit of RMBS million (Ss3B million) for the period ended July 31, against a pre-tax loss of RM49 million previously. Loan loss and provisions were substantially lower, reflecting the progress
          Bernama  -  63 words
    • COMPANIES
      • Article, Illustration
        Lock icon High-flying SIA soars to record close of $18
        231 19 [SINGAPORE] The Singapore Airlines (SIA) stock continued to amaze yesterday, rising to yet another all-time high of $13. Apart from speculation that a single party was accumulating a significant stake in the national carrier, new talk of a placement emerged yesterday to
        Source: Bloomberg  -  231 words
      • Article, Illustration
        Lock icon Sino Land beats forecasts with 60% profit rise to HK$1.45b
        525 19  -  Company has cash resources of about HKsBbaai Sandbank of 15.2 m sq ft From Quak Hiang Whai in Hongkong NG Teng Fong's Sino Land Company has surpassed market expectations with a net profit of HK$l.45 billion (*****.6 million) for the
        525 words
      • Article
        Lock icon Roly sells unprofitable US and Europe units for US$30.9m
        197 19 [SINGAPORE] Roly International Holdings is divesting its loss-making subsidiaries in the US and Europe for US$3O.9 million (5552.6 million) to focus on its Asian operations. The mainboard-listed company said yesterday that it would sell its stake in Wang's International, Inc and
        197 words
      • Article
        Lock icon Times Printers wins two contracts worth $35m
        166 19 [SINGAPORE] Times Printers, a wholly-owned subsidiary of listed Times Publishing, has won two printing contracts worth $35 million from Caldecott Publishing. The first is a renewal of a three-year contract to print the weekly magazines i-week ly, 8 Days and Lime, which are
        166 words
      • Article, Illustration
        Lock icon Avimo soars to 10-year high on frenzied buying
        354 19  -  (tauter is top gainer on news that Thomson-CSF will be major stakeholder By] Eugene Low [SINGAPORE] Avimo Group shares surged to a 10-year high in early trading yesterday, invigorated by news that French defence and electronics giant Thomson-CSF would be taking a
        Source: Bloomberg  -  354 words
      • Article, Illustration
        Lock icon Apple says it won't meet forecasts this quarter
        559 20 Motorola having problems ramping np chip production for new G4: Jobs NYT [SAN FRANCISCO] In the first setback for Apple Computer Inc since the return of the company's co-founder Steven Jobs two years ago, the company said on Monday that shipments, revenues
        NYT; FILE PHOTO  -  559 words
      • Article
        Lock icon Ossia interim earnings up 50% to $2.2m
        243 20 CORPORATE EARMDVOS [SINGAPORE] Sports goods retailer Ossia International saw its net profit for the interim period ended June increase 50 per cent to $2.2 million on improved turnover and a reduction in operating costs. Turnover jumped 36 per cent to $56.8 million. The
        243 words
      • Article
        Lock icon KLW's interim margins worsen
        240 20 [SINGAPORE] Doormaker KLW Holdings, one of last year's earnings darlings, saw thinner margins squeeze its interim net profit growth to just 8 per cent. Profit came to $2.5 million, up from last year's $2.3 million. This contrasts with the sharp 334 per cent jump in its
        240 words
      • Article
        Lock icon Hind Hotels plunges into the red
        225 20 Net interim loss of $10 Jm, down from $319,000 profit [SINGAPORE] Hind Hotels International, now controlled by DBS Land, has swung into a net loss of $10.1 million in the half-year to June from a net profit of $319,000 a year ago, pulled down
        225 words
      • Article
        Lock icon Form Holdings trims losses
        242 20 New shares, rights issue will improve finances [SINGAPORE] Despite a drop in turnover, Form Holdings narrowed its net loss for the half year ended June 30 to $1.67 million from $2.89 million a year ago on the back of lower costs and improved margins. Turnover fell
        242 words
      • Article
        Lock icon EastTech interim earnings slip 12% to $1.1m
        196 20 (SINGAPORE] Consumer electronics maker Eastern Asia Technology yesterday reported a 12 per cent drop in net profits to $1.1 million for the half-year ended 30 June. Group turnover dipped 4 per cent to $73 million as demand for consumer electronics picked up later
        196 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Vodafone, Bell form US$70b titan
        364 21 Reuters [LONDON) Cellphone giant Vodafone Air Touch pic said yesterday it was fusing its US operations with Bell Atlantic Corp to form a US$7O billion (SSI 19 billion) force in the world's biggest mobile phone market. The deal ends weeks of speculation and gives Bast
        Reuters  -  364 words
      • Article, Illustration
        Lock icon GE's value tops US$400b as growth draws investors
        390 21 It's only second US company to do so after ITsoft which hit USssoob in July Bloomberg [FAIRFIELD, Connecticut] General Electric Co became the second US company to exceed US$4OO billion (Ss67B billion) in market value, reflecting chairman John F Welch Jr's drive
        Bloomberg; Source: Bloomberg  -  390 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bid paves way for biggest Nordic bank
        211 22 FT [HELSINKI] MeritaNordbanken, the Swedish-Finnish bank, yesterday moved to create the Nordic region's biggest bank when it launched a 24.3 billion Norwegian kroner (555.2 billion) cash bid for Christiania Bank, Norway's second biggest bank. The move continues the rapid consolidation in the region's
        FT  -  211 words
      • Article
        Lock icon US bank profits rise 5.3% to US$17b in 2nd quarter
        534 22 Figure would have been higher if not for USsl.sb loss at Bankers Trust Bloomberg Reuters, [WASHINGTON] Insured US commercial banks had net income of US$l7 billion (5528.8 billion) in the second quarter, their second-best quarterly performance ever but down from
        Bloomberg; Reuters,  -  534 words
      • Article
        Lock icon Generali: INA bid will boost earnings
        333 22 Halfof2lomenrosof synergies to be from cost cats FT [MILAN] The US$l2.5 billion (5521.19 billion) unsolicited bid by Assicurazioni Generali for INA, its smaller Italian insurance rival, would boost earnings and drive down costs, producing total synergies of 210 million euros (*****.4 million) in 2002,
        FT  -  333 words
      • Article, Illustration
        Lock icon Plans with Dresdner could lead to merger, says BNP
        390 22 BNP-Paribas' new size allows as to mall new possibilities, says f.hftirwian FT [PARIS] Banque Nationale de Paris, France's biggest bank following last month's acquisition of 65 per cent of rival Paribas, yesterday acknowledged for the first time that cooperation plans with
        FT; FILE PHOTO  -  390 words
      • Article
        Lock icon UK coal pensions fund plans to raise hedge allocation
        172 22 Reuters [LONDON) The £23 billion (Ss63 billion) coal pensions fund, the biggest in the UK, is set to substantially increase its investment in venture capital and hedge funds, the Financial Times reported yesterday. This signalled a sea change in the UK
        Reuters  -  172 words
      • SMALL Change
        • Article
          Lock icon CMGI Net venture fund buys AdForce
          84 22 Bloomberg [ANDOVER, Massachusetts! CMGI Inc, an Internet venture fund with investments in Yahoo! Inc and others, will buy AdForce Inc for US$5OO miUion (SsBsl mUlion) in stock to gain AdForce's 300 Web site advertising customers. CMGI said it will exchange 0.262 of its shares
          Bloomberg  -  84 words
        • Article
          Lock icon Bank of Tokyo-Mistubishi to sell bonds
          134 22 Bloomberg [TOKYO] Bank of Tokyo-Mitsubishi Ltd, Japan's biggest commercial bank, has applied with the Finance Ministry to sell up to 1.5 trUlion yen (Ss24 bUlion) in bonds over the next two years. It's the bank's first such filing with the ministry, known as a
          Bloomberg  -  134 words
        • Article
          Lock icon India's UTI revamps US 64 scheme
          106 22 Bridge News [NEW DELHI] India's largest mutual fund, the Unit Trust of India has completed the restructuring of its flagship US 64 scheme, shuffling 80 per cent of the corpus into 50 top performing scrips, the United News of India (UNI) quoted the chairman
          Bridge News  -  106 words
        • Article
          Lock icon NAB launches HK$1b FRN programme
          78 22 Bridge News [SYDNEY] National Australia Bank Ltd (NAB) said yesterday it launched a HK$l billion (Ss2l9 million) floating-rate note programme. They mature Oct 4,2001, and pay a quarterly coupon of 15 basis points over the Hongkong Interbank Offered Rate. The issue price is 100. HSBC
          Bridge News  -  78 words
      • Article
        Lock icon Futures end lower alter brief early rally
        256 23  -  vimuv Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market finished lower yesterday, plagued by an assortment of events in neighbouring countries and a lack of investor interest on the local front. News of Bank of Japan's decision to leave
        256 words
      • Article
        Lock icon Futures fall on concern over earthquake
        172 23  -  MSCI Taiwan fatures Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures resumed trading yesterday on moderately light volume due to the lack of cash market indication as the Taiwan Stock Exchange was closed because the island was hit by a strong
        172 words
      • Article
        Lock icon Oil prices steady ahead of Opec ministers' meeting
        221 23 ENERGY REPORT Reuters [LONDON] Oil prices yesterday fell and then recovered ahead of an Opec ministers' meeting to review the impact of their output curbs on the market. By 1500 GMT, November Brent stood four US cents weaker at U5522.62 a barrel
        Reuters  -  221 words
      • Article
        Lock icon CURRENCY REPORT
        348 23 Reuters, Bloomberg London THE yen kept a firm grasp of its gains of more than three yen against both the dollar and the euro yesterday and higher levels were expected as prospects of joint intervention to curb the Japanese currency strength faded. The Bank of Japan's announcement earlier
        Reuters,; Bloomberg  -  348 words
      • Article, Illustration
        Lock icon Untitled
        1251 23 NTERBAMK CROSS RATES §^21 i$ CS Bmt> Euro Ffr Pi lt« W»i lupnh Yen Won W NgWh >io S$ Bud Sfr KTj tg» Po—< g Australia 0.953 6.178 0.620 4.065 1.212 5.023 28.168 54.101 0.680 7.791 2.458 L233 33.*****.967 1.100 1937 0.995 20.557 25.996 0J99 0.647 Cauda 1.049 5.631 0.650
        1,251 words
      • Article
        Lock icon Untitled
        1840 23 SICOM FUTURES Sep 2 RUBBER (futures closing as «t 5.30p«) RSS1 CONTRACT centsAq) ClOM VotWM OpM Month High low Sett (towws) Inttrest Oct 99 97.00 300 900 Nov 99 100.50 300 Dec 99 103.50 300 300 Jan/Mar 00 108.25 300 Apr/Jun 00 112.25 Jul/Sep 00 115.25 KS 3 CONTRACT (US
        1,840 words
    • Article, Illustration
      Lock icon HONGKONG
      1346 24 AFP Q Hug Seng -5L91 HONGKONG share prices closed 0.4 per cent lower yesterday with investors sidelined in the absence of buying incentives amid lingering concerns over a possible increase in US interest rates. "Investors are still concerned about possible US interest hikes," said Patrick Yiu, an analyst at
      AFP  -  1,346 words
    • Article, Illustration
      Lock icon CHINA
      567 24 Reuters Q Shenzhen B Index +0.05 SHENZHEN'S B shares edged to a higher close yesterday on retail buying, but trading remained stagnant with sentiment clouded by the prevailing weakness in the A share market, analysts said. The B share index edged up 0.05 point to 89.19 on turn over
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  567 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2191 24 S«»2t htmt 3i Group W3 0.12 A&bay National 9.74 O.I7 A B Foods 425 0.05 A B Ports 104 -0.04 AstraZanaca 25.55 0.55 AManca Lalcastar 7.94 0.09 AAadOomacq 3.42 "0-10 AMad Zurich 728 0.T7 Anqto Amancan Gold 43.70 unch ASOA Group 2-21 uncti Bank o< Scotland 668
      2,191 words
    • Article
      Lock icon TOKYO
      1597 24 AFP □law 225 +357J53 SHARE prices in Tokyo closed 2 per cent higher yesterday thanks to gains in high-tech and telecoms issues and expectations that the Bank of Japan would loosen its monetary grip, brokers said. The key Nikkei average of 225 selected issues gained 357.53 points to finish
      AFP  -  1,597 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Easing of capital controls boosts shares
        394 25 AFP. AFX-Asia n Composite Index *29.27 MALAYSIAN share prices closed 4.1 per cent higher yesterday in a raUy sparked by news of a further easing in capital controls, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 29.27 points to finish at 739.30.
        AFP.; AFX-Asia  -  394 words
      • Article
        Lock icon Untitled
        8088 25 INDUSTRIALS CoisMMf pniicts 1999 Lilt Vol Day Nit Cap HUH Law Ciwuny Sale '000 nm> Law P/t $*M 440 255 Ajlnomoto 310 -6 2 310 310 19.7 12S.A 174 46 Angkasa 108 7 12 108 101 1592 404 220 Apollo Food Hk| 332 2 11 332 328 11.6 132.8 294
        8,088 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Using implied volatility to assess wrts
        189 26  -  WARRANT WATCH -By R Sivanithy THE use of implied volatility when assessing the attractiveness of an option or warrant is perhaps a concept that's not familiar to some. Although its usefulness and what it means have been covered in this column before, we'll try
        189 words
      • Article
        Lock icon WELLINGTON
        281 26 AFP CI Wellington -25J86 NEW Zealand shares closed down 1.2 per cent yesterday in thin trade as leading stocks fell and second-liners grabbed investors' attention, dealers said. The NZSE-40 Capital Index eased 25.86 points to 2,084.94 on turnover of NZ$59 million. AFP *m» *t- r— Advantaga MOS 2.50 unch
        AFP  -  281 words
      • Article
        Lock icon CLOB INTERNATIONAL
        207 26 HOHGKOUG STOCKS Or Or S2-WH Last V* Day Laat Ouata Otv OK W M M Ca» wn» U» Stno Ca«H»anv Sat» rOOO) MHO L— Bwyr 5a6ac CV W W 365 173 5123 CO*- (2000) HK 262.5 275 8 XT 3 8.9 519X4 5124 Cathay Pac20cMK_ 720 265 2.1
        207 words
      • Article
        Lock icon Untitled
        2119 26 BONOS, LOANS ft WAMANTS in 52-Wll Lnl Val Day LMt Ouot» *»tj Hta* La* Stno Company Sala »ar- COOO) High Law Buy* Sa«ar Prlc« ~l04 3 s 3160 -Acar ******1 US? 41 -2 5 49 42 41 41 42 80 4.5 3164 Acma ******4 34 -0.5 23 36 34 33
        2,119 words
      • Article, Illustration
        Lock icon BANGKOK
        869 26 AFP □set Index -8.67 THAI stocks lost 2 per cent yesterday amid disappointment over second-quarter growth figures and in the absence of investors from Taiwan after a huge earthquake struck the island. The Stock Exchange of Thailand Index closed down 8.67 points at 425.54. Volume was a meagre 1.74
        AFP  -  869 words
      • Article
        Lock icon SEOUL
        391 26 AFP Q Composite Index +2154 SOUTH Korean stocks closed 2.5 per cent higher yesterday on declining money market rates and as an earthquake in Taiwan prompted expectations of a rise in semiconductor and petrochemical prices. The Taiwan quake could disrupt global supplies in the vital sectors, analysts said. The
        AFP  -  391 words
      • Article
        Lock icon SYDNEY
        649 26 AFP PAH Primaries -&5 AUSTRALIAN share prices closed down 0.3 per cent yesterday, trimming some of their earlier losses on late bargain-hunting, dealers said. The All Ordinaries Index ended down 8.5 points at 2,898.80. The All Industrials Index was down 3.3 points at 4,977.10 and the All Resources was
        AFP  -  649 words
      • Article, Illustration
        Lock icon JAKARTA
        710 26 AFP n Composite Index *193 INDONESIAN share prices closed 0.7 per cent higher yesterday on late bargain-hunt-ing in select large caps amid continuing caution over developments in East Timor and the Bank Bali scandal, dealers said. "Overall, the market is stagnant. Many players were still sidelined. There was no
        AFP  -  710 words
      • Article
        Lock icon MANILA
        323 26 AFP Q Manila +20.79 PHILIPPINE share prices closed one per cent higher yesterday due to selective buying, analysts said. The Philippine Stock Exchange Composite Index rose 20.79 points to close at 2,126.54 points. Volume rose to 837.9 million shares worth 1.9 billion pesos from 461.4 million shares worth 3.3
        AFP  -  323 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7476 27 Transaction date: Sep 21 Or Gr M Wt S2-Wk Last Vol Day Last Ouott Olv H> VH Nit C»» Avg HUH Low StNo Company Sale COOO> High Low Buyer Sollor C *r P/E $mll Price MULTI-INDUSTRY 182 17.5 m b 1000 Acma 50c 119
      7,476 words
    • Article
      Lock icon SESDAQ
      1580 27 Gr Or M Wt 52-Wk Last Vol Day Last Ouolt Oi» Dtv Vtd Nat Cap Avq Hlqh Low StNo Company Sato COOO) Hlfh Low Buyer Sollor H _C'w_ P/E JmM Price MANUFACTURING 218 61 c "2049 AS Auto lOc 168 cd unch 76 168 164 168 »69 ION 0.6
      1,580 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        418 28 Stocks Volwm Hotung Inv MT5 12,941,000 IPC Corpn 5c 11,343,000 •Gentinq Int 11.256,000 SingTel 15c 9,638,000 Inno-Pac 20c 7.551.000 TiongWoon 10c 7.170,000 ICT HKIOc 6,890,000 DBS Land 6,088,000 PCI 25c 5,423,000 Avimo Grp 20c 5,372,000 Stacks SIA 48,474,259 OUB 29,268,265 SingTel 15c 28,293,237 DBS 26,154,462 OCBC Foreign 25,902,095 City Dev
        418 words
      • Article, Illustration
        Lock icon Market weighed down by poor institutional interest
        633 28  -  STOCK MARKET COMMENTARY STI drifts lower after early bid to rally; strong demand for SIA helps to cnt loss on the index By R Sivanithy POOR institutional interest and a lack of clear direction from overseas markets continued to plague local stocks yesterday,
        633 words
      • Article, Illustration
        Lock icon HOT STOCK
        73 28  -  By Wong Wei Kong VENTURE Manufacturing shares fell 70 cents to $14.30 yesterday, the session's second biggest net loser. Volume was 821,000 shares, compared with its 10-day traded average of 364,000 units. The charts show that the stock has reached oversold levels, but the RSI, Stochastics and MACD
        73 words
      • ON THE GRAPEVINE
        • Article
          Lock icon Dow of the raging bull?
          169 28 THREE new books on the US stock market have titles which seem to suggest that the bull run on Wall Street is only a warm-up. The books are Dow 36,000, Dow 40,000 and Dow 100,000, and they're all by different authors and apparently written independently
          169 words
        • Article
          Lock icon Smooth sailing
          129 28 AND now for a few specific US stocks that have sparkled. A recent Bloomberg report tells of Hollywood Park, whose price has doubled this year, Isle of Capri (+169 per cent) and best of all. Argosy, whose price has jumped more than five-fold this year alone. It now
          129 words
        • Article
          Lock icon Non-MS software freebies
          94 28 IF you don't want to pay to use Word, Excel and PowerPoint that come as part of Microsoft Office, you don't have to. Just go to www.sun.com/starofElce and download a free version of the software suite from rival Sun Microsystems Inc. Sun has acquired Star Division, the
          94 words
        • Article
          Lock icon That camel again
          81 28 WE have to hope that our latest friend, the five-year-old Mongolian camel, finds a home really soon. Its owner, the Tang Dynasty City theme park in Jurong, closed its doors yesterday, according to judicial managers Ernst Young. They're apparently still talking to two potential investors, one of
          81 words
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      Lock icon Page 17 Advertisements Column 1
      67 17 THE KEY TO YOUR UK PROPERTY FINANCE St??fl Highly competitive Interest rate Fast and convenient service Flexible loan package Pre-purchase approval No pre-payment penalties For further information, please contact either Eileen Tan or Amy Wee at Tel: (65) *****33 and Fax: (65) 225 8013. The Royal Bank Of Scotland pic,
      67 words
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  • Page 18 Advertisements
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      Lock icon Page 18 Advertisements Column 1
      114 18 Online Share Trading te/' eg Anytime, Anywhere. ttfl* .No access to a computer or the internet? No worries. With te/• eg, our Interactive Voice Recognition system (IVR), you can keep in touch with the market or trade shares, simply by making a call and speaking to our Virtual Stockbroker. Simply
      114 words
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      371 19 Revolutionising online marketing through free eCommerce for retailers. www.BuyltTogether.com.sg From today, you can take advantage of this innovative More Customers, more sales complete the sale face-to-face with good ol customer online service to reach new customers who are ready And if there are others who are looking for the same
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      696 20 iYJ?a THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Sm< e 1975 our worldwide staff of over 2 75 multi disciplined professionals including lawyers, chartered accountants, chartered sec retanes and bankers have provided 7MB confidential and cost effective company formation in all the major low ta< areas Incorporation Fees
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      50 21 TOTAL WASTE MANAGEMENT SOLUTIONS At Least SAVINGS With SEMAC'S M FACTORYPAC i jjWWH .Trr- SEMAC PtP Ltd OUR RESIDENTIAL COMMERCIAL AND INDUSTRIAL SOLUTIONS iIIUJ -i III! -f.• i Solml B-..«. M. -K,«.,.»! *•.'.••«•,>..- rorfds pjtn -<l..Mf ..I ,■■<" vy-y.. ;^r :;:':x '•■•<! P'livmim of V.irnn >.» v n M fo'il
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      347 21 This announcement appears as a matter of record only. fjv"| HOUSING 4 > DEVELOPMENT I U=LJ BOARD I Issue of I *****,000,000 principal amount of I 5.07% Fixed Rate Notes due 2009 I Lead Manager I Citicorp Investment Bank (Singapore) Limited I Co-Managers I The Development Bank of Singapore Ltd
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      747 22 LBEBW Landesbank Baden-Wurttemberg Head Offices: Stuttgart: P.O. Box 10 60 49 D-***** Stuttgart; Karlsruhe: D-***** Karlsruhe Schlossplatz 10/12; Mannheim: P.O. Box 10 03 52 D-***** Mannheim Singapore Branch: 25 International Business Park #01-72 German Centre, Singapore *****6 Pro forma Consolidated Balance Sheet Consolidated Statement of Income (DM amounts in thousands)
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      31 22 l 1 ■wAU I own an education institution. The Straits Times Classified is my course to success. vC\ CAT.S. Buy H. SHI H. Find It. 1800-737-1166 Call Today For Results Tomorrow.
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      50 24 The Taipei market was closed yesterday Someone keen on expanding horizons. Someone who will relish the responsibilities. Get the edge in hiring the right one. /Mk. M IIM-SinulshitM* M i mn&mk m msssm SJ Call 1800 74 I 188 3 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes SIRtArOIB
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      88 26 To overcome any obstacles, toughen up with the Grand Vitara's powerful V 6 engine. With our attractive packages, a a deal. the taste adventure come for a ffi K I Champion Motors 2 panoan crescent (off west coast highway). Singapore *****2 tel: 774 9773/4. SLI2! UK I U jrfTTTB WP
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      389 28 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF CROSSWATER AIRFREIGHT PTE LTD CROSSWATER FREIGHT SERVICES PTE LTD (In Members" Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting
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      347 28 Short of cash to invest? Triple your cash with our Margin Financing' Call DBS investor Online at 323-3955 today. 88DKSBANK MTMMOTMOr TW COMMMIS ACT, CAP. SO PWA W A TRADING PTI LTD (In Vblimtary Lk|ukictk>n) At an Extraordinary General Meeting of the members of PRIMA INTERNATIONAL SHIPPING TRADING PTE LTD
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      349 28 CLEGG DRISCOLL (ASIA) PTE LTD NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act. Cap SO that a Meeting of the Creditors of the abovenamed Company will be held at Unit 13. 112-118 Talavera Road. North Ryde. NSW 2113. Australia on
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      304 28 THE COMPANIES ACT, CAP. 50 KWONO LU REALTY (PRIVATE) LIMITED (IN MEMBERS VOLUNTARY LIQUIDATION) At a general meeting of KWONG LEE REALTY (PRIVATE) LIMITED convened and held on 20 September 1999. the following Special Resolution was passed SPECIAL RESOLUTION That the company be wound up voluntarily pursuant to Section 290<
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      623 28 r THE COMPANIES ACT, CAP. LAMA (PWVATE) LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At a general meeting of LAMA (PRIVATE) LIMITED convened and held on 20 September 1999. the following Special Resolution was passed SPECIAL RESOLUTION That the company be wound up voluntanly pursuant to Section 290( 1 Kb) of the
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      44 28 Classified First. r «*i■« Wanf to get a laptop? Or simply get computer savvy? Log on to the best site: Check The Straits Times Classified First. CATS. Buy h. Sell H. Find h. The Straits Times Classified Where Buy It. S«l It Find It
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      300 29 Bridge News, Reuters RATES are still rising for Panamaxes fixing for period business in the Atlantic with one vessel reportedly achieving U5510,250 daily. Brokers said that owners are now asking in excess of US$lO,5OO daily for short periods, but others doubt that the market has reached this level
      Bridge News,; Reuters  -  300 words
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      Lock icon MARITIME STOCKS
      290 29 tmjy w CWT Otatributlon 1-24 -OJ06 37 ChuanHup 136 -0.01 9332 Cosco Invattmant —1.12 -0.03 634 Frttaht LMa 0J2 -OJ01 V4T15 G6 HpMlnqt 0.90 -O .01 251 Mi Sun Hup 049 -0.01 2068 IMC HoMlnpt-HK —530 unch 0 Java Holdings 0.9S unch 2517 Juronq Shipyard 7.75 unch 1364
      290 words
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      Lock icon Hamburg port aims to become logistics centre
      396 29  -  German port has facilities to serve as hub for northern, central Europe By Marcus Hand [SINGAPORE] The Port of Hamburg is shifting its approach to business to that of a logistics centre for distribution to northern and central Europe rather than simply a
      396 words
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      Lock icon Hyundai wins second order from US firm
      110 29 Bloomberg [SEOUL] Hyundai Heavy Industries Co, the world's largest shipbuilder, said it won an order for two crude oil tankers from Overseas Shipholding Group Inc, its second sale to the US shipping line this year. The South Korean company did not disclose the
      Bloomberg  -  110 words
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      Lock icon Environmental pressure on shipowners set to increase
      712 29  -  STRAIT TALK By\ Seafarer THERE is more to environmental protection than the prevention of oil spills. Environmental concerns now cover a wide and growing range of issues and require owners to put comprehensive environmental management plans into operation. Mats Lindau, quality manager for
      712 words
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      Lock icon Fels delivers rig to Santa Fe
      132 29 [SINGAPORE] The Galaxy 111 (above) was built by Keppel Felsfor leading offshore contract driller Santa Fe International at a cost of US$l79 million (*****.5 million). The rig is one of the world's most flexible and advanced, designed to operate under harsh conditions, according to
      132 words
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      Lock icon Limping Carnival ship moves to evade storm
      221 29 Reuters [MIAMI] A Carnival Cruise Lines ship hobbled at sea by an engine-room fire regained propulsion on Monday and was moving to dodge a tropical storm threatening Florida's western coast. The Tropicale, one of 45 cruise ships operated by Carnival Corp, lost engine
      Reuters  -  221 words
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      Lock icon Copters vital in saving lives
      1053 30  -  DRAMATIC RESCUES Unpredictable, unexpected, daunting and often downright scaly. Airborne search and rescue missions are often all of these. jobn HUTCHINSON describes some of the challenges faced by this emergency service JOHN HUTCHINSON The Rolls Royce Magazine Search and rescue missions call for aircrews of
      The Rolls Royce Magazine  -  1,053 words
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      Lock icon SHIPPING SCHEDULES INDEX
      307 30 PACE ESP Lines 13 ANL 3 Evergreen 6 Accord 8 foonflSun 8 Ahrenkiei 14 Fr <** '3 Appenship 5 M Links M AslaOCL 13 6 Link 4 Austral 8 Gemartrans 6 Avant M Genshpg 13 Btanq Mas 8 Glory Nav 14 BSA 7 HaiSunHup 12 BTL 14
      307 words
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      20372 37 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number v •*•< 06/10 31/10 CSAV IKARUGA 021S 65-*****55 To ABIDJAN (ABJ) 2003 Cote D'lvolre 06/w 3i/w nyk ikaruga 02is 65 *****23 30/09
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        688 43 Vtssal Voy Wo Owth Arrival Oopartura 0S«nlrt*ri ***** JU 'ju 21/09/8:00 22/09/12:00 Sing l H 11 20 J04 21/09/8:15 22/09/18:00 Marcopoto 22 Prwl51 J17 21/09/8:45 22/09/640 Dtwl S«ly< 299 J03 2V09/7:45 2V09/2240 Shan Furyu 15/99 J03 21/09/9:30 21/09/2140 Ungmaj 3 15/99 J03 21/09/9:40 2V09/2240 Bt Afrizil ***** J01
        688 words
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        Lock icon CONTAINER SCHEDULES
        2037 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/B«l<nct Rstls Ship Voy No Etb/Btr Porlod From To From ACI HIBISCUS OM 22/1:00 2* 20/1700 21/0*59 2V0900 21 20/T700 21/0*5* 21/0100 3 2V0700 21/189 2VMOO An CHINA OMW 22/9:00 2A 20/1700 ZVMSt 21/0*0 21 20/1700 21/0699 2V0900 21/0700 2Vtm
        2,037 words
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        Lock icon GLOBAL HOLIDAYS
        189 43 flap 23 Japan: Autummal Equinox Day. South Korea: Harvest Moon Festival Eve. Sep 24 South Africa: Heritage Day. South Korea: Harvest Moon Festival Eve. Taiwan: Mid-Autumn Festival. Bep2S Hong Kong: Day after Mid-Au-tumn Festival. South Korea: Harvest Moon Festival Day Following. Sep 27 Australia: Queen's Birthday (WA). Sep
        189 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        810 43 THIS report, complied by Cockett Marine Oil Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        810 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        444 43 Carbon 180 Mu 990.0 U 147 0.06 74 0.05 u D»Mlt« Wattr Residue Asli Aluminium Sediment "o above £25 0 1 0 5EJS 2211! III! 380 AM 906.2 0.4 0.4 0.07 32 0.02 380 Mu 993.4 0J 15.7 0.11 70 0.06 tfc/tri in m/m m/m w«i
        444 words
    • AIR & LAND TRANSPORT NEWS
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        Lock icon Boeing talk of building bigger 747 meant only to scare Airbus: analysts
        590 44 Boeing directors will not approve plan for supeijumbo without a launch customer Bridge News [SEATTLE] Boeing's latest declarations about interest in building a stretch version of its popular 747 model the world's largest commercial jetliner are intended only
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        Lock icon Delhi airport acts to cut flight delays due to fog
        267 44 Reuters [NEW DELHI] India's Delhi airport has upgraded its landing system to reduce flight delays due to winter fog and is working to provide all-weath-er landing capability, officials said yesterday. "Fog-related delays will be much less this year," said an
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      • LOG Book
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          Lock icon Garuda back in the black
          93 44 Bridge News [JAKARTA] Indonesia's Garuda airline turned around In January-June, booking an operating profit 0f484 billion rupiah (599.2 million) versus a loss of 1.1 trillion rupiah for the same period in 1998. Hie Improved results were due to a better load factor and a better
          Bridge News  -  93 words
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          Lock icon Move to privatise Saudi airline
          62 44 AFP [RIYADH} Saudi Arabia's aviation and defence minister yesterday announced the formation of a committee to prepare for the privatisation of Saudi Arabian Airlines. The committee is made up of members of the boards of the national carrier and the civil aviation department, said Prince
          AFP  -  62 words
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          Lock icon China airline attracts investor interest
          59 44 AFX-Asia (HONGKONG] China Southern Airlines Co Ltd said its state-owned parent, Southern A irlines Group, has been approached by non-mainland China companies seeking a strategic stake. The parent company, whidh owns 65.2 per cent of CS A, has said discussions are at an early stage
          AFX-Asia  -  59 words
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        Lock icon Beijing's state-of-the-art terminal
        63 44 [BEIJING] The new departure hall at the Beijing Capital Airport'sjust-completed Terminal 2 opened for the first day of business on Monday. The brand new terminal, which covers 330,000 square metres, is three times larger than the existing terminal and contains the latest security, baggage handling and aircraft
        AFP  -  63 words
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        Lock icon Shanghai completes basic work on Pudong subway
        286 44 AFP [SHANGHAI] Shanghai has completed "basic" construction of a second subway line, one of several large publicworks projects being unveiled around communist China's 50th anniversary on Oct 1, the official Shanghai News said yesterday. Municipal officials on Monday marked the occasion with a
        AFP  -  286 words
      • Article
        Lock icon BA cuts New Year's Eve flights by 64%
        258 44 Bloomberg (LONDON] British Airways pic, Europe's No 1 airline, said a fall in demand for flights on New Year's Eve has led it to reduce its flights by 64 per cent. The airline said that, because of a decline in passenger bookings
        Bloomberg  -  258 words
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        Lock icon Air Canada board expected to reject Onex takeover bid
        332 44 Bloomberg [MONTREAL] Air Canada's board of directors is expected to dismiss an unsolicited Csl billion (Ssl.l billion) offer from Onex Corp and AMR Corp as inadequate. The board, which met last week, was set to mail a circular for shareholders yesterday.
        Bloomberg; FILE PHOTO  -  332 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1710 44 CITY FLIGHT HA FLIGHT CTO ****** 1605 ****** 2350 7 $***** V605 *****8 2350 LH&W 1850 2355 ***** mo an 2355 kmtorim *1843 0435 KUtt 2300 MW0 8108 5023 0705 S0328 2325 OuMfzlMi CQ5I 2045 CZ352 OPS 6*973 0945 HmoI **741 1310 ****** 0905 *1*37 1455
        1,710 words
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      22 29 Search and rescue: helicopters vital in saving lives Airborne search and rescue missions are unpredictable, unexpected, daunting and downright scary. Page 2
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      56 29 Boeing talk of bigger 747 meant only to scare Airbus Boeing directors will not approve plan for building superjumbo without a launch customer. Back Page fa, a >. W I a > t C To/ -l °°o, s THE PORT OF IMPORTS, EXPORTS AND EXPO 2000 "Quick port" Hamburg. Europe's
      56 words
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      1228 30 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I S«X-SUPERSHimtE EXPRESS-DIRECTTOLONO BEACH WISTOOMTOFCENTRALAMERICAgAmAWTA SIRVK*) vbml vor r?n nosM mwh onus howion cncmo |«wrani ■cocoon msa vot ai rtamtl acajotu san iomnzo cqmto pt cauma mSmm sauna awe ooaaau i«$S~ »/w m/m is/u M/io m/u m/u a/to m/u H
      1,228 words
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      649 30 Uoe 4 represented /sjß9m\ by Members ot the Registry o( AccredHed Shipping Agents. National Shipping Assoc Members ol the Singapore Freight Forwarders Association. ULY LINE MALE I VESSEL VOY HA Tni TETA P. KLAH6 SPORE HALE Empress Uly V 0599 02/10 03/10 13/10 Princess Lily V 0999 19/10 20/10 29/10
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      1083 31 TO EUROPE FROM EUROPE IvtSSfl VOY I SiN BTII ANR HAW 6RV SOU FIT IflT" IvKSa VOYRTMANRHAM6BVSOUFXTIBI SM 1 DANURI S47W 23/09 14/10 13/10 14/10 11/10 HYAMMUi. 3211 04/09 01/09 02/09 30/06 23/04 MONTI ROSA S3OW 24/09 12/10 14/10 16/10 17/10 MY HKHNISS 3141 02/04 04/04 07/04 01/04 25/04 HY
      1,083 words
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      1607 31 <S) HANJIN SHIPPING lik P1 ilfcMytlw -Whs *****30 HANJIN SHIPPING (S) PTI lIP by a» jjjOjS ********** SALES *****74 731 DOOItWH *****71 7?< QfggOjß *****50 7SI miOUW *****5S fU *****40 OHO H*****0000M TO NW USA CANADA I USA CANADA* mva/vor 1w I lmehau/voy su fiw nw ">* oo mr m
      1,607 words
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      1571 32 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VtSStl VOY LEH Rmi «WH HAM WW FU VtSStL WT SIW PT Sl* FM W.C MTW HAMJM SAN FfUMCtSCO »13W 72 09 00 10 1010 1110 IJIO 1310 IS 10 lOMOOH StMATOR 0041W 23 M 1010 1710 14 10 1010 alO TTMDC HARVfST 0024W
      1,571 words
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      947 32 an MAU-NcLo STUKC M oIA 1 Carrier: MM CONTR LINES, IMC p ouoahq:(07)»b7» I I CM NOc **********0 C SIBU: (084) *****9 MAfLA: (632)*****24 PENANG: (04) *****36 BANGKOK; (662) *****67 SURABAYA; (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUOIWG (082) *****1-3 VANCOUVER BC MADRAS MV "HJ HONGKONG V.083E
      947 words
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      573 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO Vkml SPORE N SHEVA COLOMBO P KLANG TULSIOAS W. 114 24 SEP 01 OCT 17 OCT 11 OCT TARPON SILVER VIO4W 27 SEP 05 OCT 12 OCT 17 OCT CAPE CANAVERAL V.112W 04 OCT 12 OCT 19 OCT 24 OCT TULSIOAS V.115 11 OCT
      573 words
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      1714 33 IVESSEL VOY KHH HKO SIN PKC POB PXB DMM IBA I BIK IRAN SHAHRYAR PCL-5120 15/09 17/09 21/09 22/09 01/10 02/10 03/10 05/10 07/10 IRAN BAABAEI PCL-5121 22/09 24/09 28/09 29/09 08/10 09/10 10/10 12/10 14/10 IRAN TAKHTI PCL-5122 29/09 01/10 05/10 06/10 15/10 16/10 17/10 19/10 21/10 IRAN TABATABAEI
      1,714 words
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      2337 33 DirMt Calls to Kofco (6 kff),| Nagoya (7 Days) Tokyo (8 Pays) /J SINGAPORE'S GENERAL AGENTS: SO ROiINSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) "^"^l COSTAR SHIPPING PTE LTD #12-00 SAUS/IKGS 4?*****/60 INWARD DEFT (D/OI *****85 COSTAR AGENCIES (M) SDN BHD CR WO: **********010 SINGAPORE 06M98 CONVENTIONAL *****50/55
      2,337 words
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      1469 34 EUROPE/UK/SCAMDtNAVtA/FIWJWO/BUSSIA riGPI ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL S6P E DEVOTE RW-000 26/W 14/10 20/10 10/10 10/10 10/10 20/10 E. RIGHT REO4O 02/09 04/09 83/W 05/90 07/ M 2490 27/90 E DEVELOP RW 008 03/10 21/10 27/10 23/10 25/10 26/10 27/10 E REWARD RE-040
      1,469 words
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      892 34 rjgggPff PACIFIC INTERNATIONAL UNES (PTE) LTD Ifc 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********0E |ivp» wq i iat stp w wt to w n« fw rmn i lUMGA TIRATAI 3 375 21/f 23/9 3/10 1/10 13/10 10/10 20/10 I imkikIKTIAIU S4l ii'/i "177T~ "Tic 9:
      892 words
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      405 34 SO TRW BLANGAH ROAD *2-02 CJTWWT CENTRE STORE 000*21 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR HO. **********0W VESSa VOT ETA ETD OESTVUTION MMUKWA 33.99 22*M0 2MM9 PALBMANG4KL BALAM HMAWA Ml zmm 2mm P»» UMMU IM9 24MV24M/M PONTIAMK For cnqairiet and bookings pleat* contact SEASPACE SHIPPING (S)
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      527 35 BSA x l MH=!BTTs! l 3r 9r3Hf3 l Tf?3S !^^^Br mm. MYANMA M FIVE STAR LINE (Myamnar National Lin*) Loading for Yangon (Rangoon) VESSEL VOY SIN WL PEN PGU KENG TUNG 4W SID SAGAING 62W SU> MALAYSIA AGENTS: lOCSTTAD SHIPPING AGENCIES KUL: HI (03)*****00 PKL: TTL (03)*****01 PEN: HI (04)*****02
      527 words
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      1173 35 HMN^ HYUNDAI MERCHANT vbse vw I sbi I sou Ila I bibH aw Iw«IWV w i Iwssa <CT|sou|iairo|<w|nMi|w»|ia|Mi| jgi S47W 23/09 11/10 14/10 13/U 14/10 NOICOtAI 00* 03/09 04/09 79/ OB 31/01 JJ/04 MONTI ROSA S3OW 24/04 17/10 11/10 12/10 14/10 ai/M m/m o /W m/m <a~/M M/S HYFTDStAL 320W
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      1008 35 WALLENIUS WiLHELMSEN TO NORTH AND LATIN AMERICA RORO HIAVYUFT SWAO* VESSEL VOY RAMP HEIGHT SIN LAX CKi NUA I SAV IM I OIF I NYC NEW HOC TAPKXA SHOT" 400 Ink OS «7M 25/10 03/11 06/11 01/11 10/11 11/11 13/11 17/11 11/11 TAMPA AHO7 400 TMS 6.3 M 12/10 09/11
      1,008 words
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      765 36 ■AHOKOK7MAP TA PHUT/LA EM CHABANG JAKARTA/PAN JANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN NANTA BHUM 464N 22/09 25/09 28/09 BANI BHUM 12SSB 24/09 26/09 KOTA HARTA HTAO6S 23/09 26/09 BUNGA MAS TIGA *****3 25/09 2W09 1 YANTRA BHUM 309N 23/09 26/09 25/09 SHAHE 004 26/09
      765 words
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      365 36 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE <a Ivptl wc swl WI 1 1 CTD IM I IMI |w WMWt )g tl/w 11/11 «yi« »S/U M/f i n/n w/n »>/»> n/i> is/n noHPwam tk as/n is/n i;/i> n/i> a/n vnvqrr Iml ny»Ju/ul |h/i«|i>/h1 iw/it| FEEDER SERVICE TO INDONESIA
      365 words
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      742 36 VESSELS VOY SW PW. I JED I MLA LEH HTM HAM ZEE SOT SAUDI JEPOAH N33W 28/Q6 28/08 07/10 12/10 17/10 18/10 20/10 22/10 23/10 SAUOIJU6AJL K33W 04/10 06/10 IVIO 19/10 25/10 26/10 29/10 31/10 VXEDtyWJN Y33W IVIO 1&M0 29/10 OVII 04/11 06m 07/11 OOTII VU-LE D€ MIMOSA V34W 20/10
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      47 37 New Advertisers/Services/ Agencies 13 QMO TJiVI ftUt Round-the-world Contikwr Sirvtcf For Complete Schedules Information Turn To Pg 5 NEW BREAKBULK SERVICE See PACC CONTAINER LINE on Pg 5 US WEST COAST MIDDLE EAST INDIAN SUB-CONTINENT Check Out Our Details On Pg 7 Daily J J D'OCEAN LINES
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      62 39 STElffc Dial 740-6000 Oil QGITI3 FIQ (Retrieve more schedules!) Press "1" Select the port and key in S»Bbl the four digit code eg: To New York (NYQ 2275 m S T i) Key in your fax number I your phone number v i .r m. Another Innovative service offered by
      62 words
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      180 40 U»nilt<l Mbiam ocean shipping aoencieo (FOREST PROOUCTS SERVICE) (Scini (ion Service For C luistmn Island Kremantle Coco* Lsland) EUROPE SERVICE I "Also call other west Australia porta subject to inducement TAW SKN KKU TMA VESSEL VOY. SIN CXI FML COS RUBIN STELLA V3IA SAILED SAILED SAILED fttOß KIRSTEN 4351 01/10
      180 words
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      157 40 TO KUROK CHI HA M. EUROPE SERV>CC VEMEL/VOY XOO OOA W> MKO —I TRADE HARVEST 024W 12 SEP 14 SEP 16 SEP 20 SEP 24 14 OCT 18 KT 17 9CT HANJIN DALIAN 02CW 19 SEP 21 SEP 23 SEP 27 SEP 2L2SI £L2£l °EI POTSDAM 002W 26 SEP 28
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      Lock icon Page 40 Advertisements Column 3
      137 40 FOljt Tims/ WfiK SAILINGS: P. GUOANG/SIMGAfOH SOUTHBOUND ffga I wr I fQPMt an bmuswi tins mwniflH au* rwu; ■Hill tiws n/wnwi MU3D— tiws M/wtrn «maswi vwfsum vmmm BMUSltfl f'WS 27/WIMM) a/wmfl KUALASUKI •T. 71TW fHJt: fITWOKS; WOUTM lOUMD VBSa W fBJOMt bimasmki »l— 7VWHHU) aW(IHU) CMUSUtI <iw» WDW) H/WtHO KUAUSIMI
      137 words
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  • Page 41 Advertisements
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      Lock icon Page 41 Advertisements Column 1
      659 41 SSAMUDERA SHIPPING LINE LTD MAIN UNE/OUTWARD: 532 36U INWARD (WD): 437 23M IMPORT STATUS (DIDY. 437 2371 INVENTORY (DID): 437 2420 WoDsit* b»tp://www.»««Mid«r«.coßi CI MO. **********0 D BOOKINGS UNE: 535 6266 (Celio/Jessico/Mei Chon/Jeslynn/Dora/Honim) wrmrmmmmMiUvm 8 slgs/weekly iwuru'HiMTflEi 3 slgs/weekly Ivtssa VOY SIN JAK IvtSStL IVOY SIN IRK (ICH) I IKK
      659 words
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      Lock icon Page 41 Advertisements Column 2
      951 41 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I pro s» Imt I suo 1 olw ppc I cmo 1 oom hai lim 1 qrf I say I«wI Ml I H«l| HOtOH POM /0352 10/10 14/10 10/10 ?1/10 >1/10 ?*/W 07/11 IP/11 07/1? 10/1? J4/11 Jj/U. »3/H ?7/1? BMML/m 27/10
      951 words
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      Lock icon Page 41 Advertisements Column 3
      474 41 ENG LEE SHIPPING CO PTE UD M: *****75 <4 Um) F«u *****30/*****44 I 1 ajjwiswmwgc I vessu vot smeta smiro kstnatxm Swr Central 10/99 20/09 71/09 Owa/P Im/tami Uraon Sto 8 S/99 20/09 21/09 Bttaxg Unon Star 22 3/99 20/09 21/09 Santa* Deoentuegos 8/99 21/09 22/09 Stfokoys DwDoyc 10/99 21/09
      474 words
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  • Page 42 Advertisements
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      Lock icon Page 42 Advertisements Column 1
      544 42 wmzm VESSEL VOY SIN MAA SIN I TIGER ISLAND 735N 24 25A» 29-04/10 I TIGER PEARL 736N 27 28/09 02-07/10 12 13/10 I TIGER SEA 737N 3001/10 05-11/10 15-16/10 I TIGER BAY 738N 10-14/10 I TIGER PEARL 740N 08-1(V10 14-17/10 21 22/10 I TIGER ISLAND 739N 15-1&10 21-25/10 30-31/10 SIN
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      Lock icon Page 42 Advertisements Column 2
      923 42 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singne».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 XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee
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      Lock icon Page 42 Advertisements Column 3
      1186 42 For booking t engmry cat *****50 Yvy\ Lam Uy 2* ■OCT WHO IM h>y w ia o« iiat ire iiou I 55 mu« wn nou oii ia& OOQiAfW ***** MR «/10 IVIO IVIO IVIO 13/10 I«» WW*** 31/W 01/ M 07/W 03/W MA* 74/01 OOQ CHINA ***** 71/W IVIO 70/10
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  • Page 43 Miscellaneous
    • Miscellaneous
      Lock icon Page 43 Miscellaneous Column 1
      137 43 ■■■HZim233EZZniIEBBi LEGEND: R Thunderstorm Temperoture o Q X\ Y Shower Weather Wind direction with speed m knots ee Rom v/ Cloudy Sky Wove h «'9 ht Sorfoce «ndl or* indicated by arrows which fly with the wind O One Ml circle represents colm or light and variable winds 1_» One
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