The Business Times, 1 October 1999
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1999-10-01
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The Business Times
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Title Section16 1999-10-01 1 THE BUSINESS TIMES MfTA fP) 046/12/98 85* SINGAPORE ?rnet: http; business-times.asial com.sg/ FRIDAY, OCTOBER 1. 199916 words
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Article49 1999-10-01 1 E3 MU3 (+4.36) wmvrsai U HUM (+6.60) nsnmmm iimj9(-ojo) STOCK MA1IET INDICES KL8EC0HP NIKKEI I7j*.#__4mi8 HANG SENG 1S.7S3J4 -MM SET INDEX 38MI -IM MKAKTA COUP —W7J4 ,+JU? MANILA COMP—MMM +14.7# TAIPfllim 7MM9 .-tiff SEOUL OOMP 8*11 -9L7 CLSACHINAB Mill -Iff AU8TALL0RD 2J8L1 -ML7 NanEST Ctaut w*r ____-^35rtja£J3E49 words
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Article76 1999-10-01 1 FOBEX BATES U8S St usi im £(U8*«perI| LM UU EUB0(U8S£f perE) MS LM DM LM9 MM YEW 1*7 LM* at, UN Mtf BK» 7 M Mtf MKT 41J9 Mil HJFIAH MM MSI* St to Mum* PUKE BATES SINGAPORE* 6.80 KUALA LUMPUR JAKARTA *M BANGKOK 10.00 MANILA 11.60 HONGKONG 8.2576 words
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649 1999-10-01 1 Siow Li Sen - 660 senior staff stand to gain $31m from stock options exercisable today By I Siow Li Sen [SINGAPORE] Some 650 senior employees of Overseas Union Bank (OUB) are smiling all the way to their bank today they have collectively become $31.1 million richer. This649 words
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581 1999-10-01 1 Wong Wei Kong - Billion-dollar chib lost two members in September to 43 By' Wong Wei Kong [SINGAPORE] The market value of Singapore-listed companies fell 2.8 per cent in September from August, the third consecutive monthly decline. The contraction was also sharper than581 words
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1584 1999-10-01 1 Paul Krugman - By! Paul Krugman Paul Krugman is a professor of economics at MIT and the author, most recently, of 'The Return of Depression Economics' I DIDN'T want to go to Malaysia. The Malaysian government would surely expect me to deliver a stronger endorsement of1,584 words
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Page 1 Advertisements
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Advertisement78 1999-10-01 1 OVSIDE TOP STORIES Rubber prices could coHapse, cartel disbands 9*2 Corporate earnings: the top performers PW4 S*pore Q3 growth to rival 02*8 6.7% *9 10 ita SBBB.com taking Its 0* commerce model olcouiKArA uiSvwn®rB *9 11 Foreign investors staying dear of KL stock market. 9919 <■? %t UMMKNTJUVY Millennium predictions78 words
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Advertisement306 1999-10-01 1 Y *Ufe ,yr «rt&, ▼V The name K is Dunhill, 7 Mark Dunhill And In* h.ii k Willi .1 '> 11 K j r) (> m I o llt 11) Ju .11 l< j H)M Ml I", .ll I. ill I ,1 > '..H I *»ll«11 >l"itf lr >ii r306 words
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THE next page
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683 1999-10-01 2 Demise of Inro could lead to collapse in global rubber prices Bloomberg [KUALA LUMPURJ The International Natural Rubber Organization, a group set up 20 years ago to support rubber prices, said it will disband after Thailand, the world's biggest producer, confirmedBloomberg - 683 words
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Article, Illustration696 1999-10-01 2 Tan Su Yen - p -i I exclusive Its icon is the self-assured, cosmopolitan, urbane Agent 007 By> Tan Su Yen ARMANI, be warned. As the smiles return to the faces of his high net worth Asian clients, Mark Dunhill, the director and general manager of Alfred Dunhill696 words
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Page 2 Advertisements
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Advertisement101 1999-10-01 2 Ik H n W% y^^K V Zr You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it j.^ for the next generatio^^^^^^S^^^n^S^J^J^ innciusiviiyat Begin your own tradition. 0 Cortina Watch Centre c ,Ji?'' able at SINGAPORE Cortina Watch Centre Pte Ltd Raffles City #01-36 Tel101 words
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Advertisement176 1999-10-01 3 jja^H I ■^ni *J 4•■f 1 J/•¥ a #P» .i#- •'■>, b-**', ■MMMMra's leading card now makes.flyingjrith the world's leading airlines even more affordable. ■bhhhhihhhhhhhhhhhhhhhhhhhhh Now the VISA Corporate Card gives you even greater utility. From 1 October, when you pay with a VISA Corporate Card for your company's air-tickets176 words
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SINGAPORE companies
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Article, Illustration855 1999-10-01 4 Ven Sreenivasan - pi :i I exclusive They account for 55% of total profits; 221 firms' combined gain 84.9% higher Ven Sreenivasan THE five local banks and another five property groups chalked up the best performance and accounted for over half of855 words
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795 1999-10-01 4 r sivanithy - lil'Wlocksiew r sivanithy HEXT Tuesday, the US Federal Open Market Committee meets to decide the fate of US short-term interest rates. It would be fair to say that this is one of the most widely awaited meetings of the central bank this795 words
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COMPANY Briefs
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Article49 1999-10-01 5 FIRST Capital Corp, through FCC Equities Pte Ltd. has increased its stake in Hotel Properties Ltd (HPL) by 1.15 per cent to 14.6 per cent. FCC bought 5.23 million HPL shares on Tuesday at $1.41 each. It now owns 66.2 million HPL shares.49 words
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Article75 1999-10-01 5 FROM today, DBS Group will incorporate JIT Holdings in place of Ingram Micro in its computation of the DBS 50 stock index. DBS said the revision is to take into consideration the delisting of Ingram Micro (formerly Electronic Resources). Separately, Ingram Micro Asia,75 words
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108 1999-10-01 5 KIAN Ho Bearings' net profit in the half year to June jumped five times to $1.04 million, due partly to tax concessions enjoyed by its Malaysian subsidiary. Group turnover increased 36 per cent to $34 million, which included $3.1 million of sales of108 words
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Article114 1999-10-01 5 HOTEL Grand Central has swung into a net loss of $4.55 million in the half year to June from a net profit of $769,000 perviously, due mainly to a foreign exchange loss of $4.56 million resulting from the appreciation of the Australian dollar against114 words
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Article45 1999-10-01 5 Bridge News UNITED Overseas Bank said in a statement yesterday that it has successfully co-ordinated a transferable term loan facility worth US$l7O million (Ss2B9 million) to KorAm Bank, which is a joint venture between Bank of America and several Korean corporations.—BridgeBridge News - 45 words
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Article, Illustration521 1999-10-01 5 Eugene Low - 40m shares to be offered to public; DBS offering np to 90% share financing By\ Eugene Low MAINBOARD aspirant Eastgate Technology is offering the public 40 million of its 100 million initial public offer shares at 50 cents each. TheCHRIS LOH - 521 words
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237 1999-10-01 5 ANA Hotels Singapore saw its post-tax profit for the half-year to June 30 plunge 81 per cent to $44,000 as turnover shrank. Turnover fell by 16 per cent from $13.7 million to $11.5 million amidst the regional economic crisis. While the regional economies are237 words
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282 1999-10-01 5 RESTAURANT and pub chain operator ABR Holdings has reported a 27 per cent drop in net earnings to $491,000 for the six months ended June 1999. This works out to earnings per share of 0.26 of a cent, down from 0.58-cent in282 words
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Advertisement127 1999-10-01 4 ♦fa i~s sectoral earninjgs review will start tomorrow The partners of Rajah Tann and Yeo Wee Kiong Partners are pleased to announce that we will be merging our practices with effect from 1 October 1999. The combined practice will provide legal services in the following areas:Admiralty Shipping Banking Financial Services127 words
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Advertisement96 1999-10-01 4 Corporate earnings review, Pg 9 EASTGATE TECHNOLOGY LTD (Incorporated in the Republic of Singapore on 16 December 1989) INITIAL PUBLIC OFFERING OF 40,000,000 OFFER SHARES AND 60,000,000 PLACEMENT SHARES AT $0.50 EACH Applications for the Shares may be made on printed Application Forms referred to in the Prospectus dated 2996 words
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Advertisement51 1999-10-01 5 HI Vwr weekly pM* to p«fes and iMMfts M wary RrMay in Th« Not tapar FMais iSBStSOS f VOIJVO yrf' jj vfefc 1 m rl___ i VOLVOS HAVE ALWAYS FORCED I OTHER CARS TO BE SAFER. THIS ONE I WILL FORCE THEM TO BE BETTER. I THE NEW VOLVO SBO51 words
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SINGAPORE markets
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Article, Illustration197 1999-10-01 6 R Sivanithy - WARRANT WATCH -By R Sivanithy IN previous columns, we've highlighted the life span extensions of warrants in Malaysia. In most cases, the extension is five years from this year. The rest are extensions from next year, 2001 and 2002. The main197 words
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Article433 1999-10-01 6 9*octo Volume ChuanHup 18,182,000 'Gentinglnt 12,866,000 TiongWoon 10c 6,212.000 Asia Food&Prop US$ 5,150,000 SingTel 15c 5,027,000 "TanChongtntSOc 4,848,000 Golden Agri US10c 4,235,000 International Press Softcom 5c 4,022,000 DBS Land 3,912,000 Mentor Media 3,896,000 Stocfca SIA 45,980,542 ChuanHup 27,595,860 DBSGrp SingTel 15c 15,406.684 SPH 13,873,648 Nat EJac 10c 13,767,150 KeppelCoip 13,647,380433 words
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Article, Illustration577 1999-10-01 6 r. sivanlthy - I-li comment STOCKS r. sivanlthy THERE was little change yesterday to the state of the local equity market with stocks drifting for most of the day on low volume. Chuan Hup's announcement of a stock split did give traders something577 words
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Article, Illustration258 1999-10-01 6 Wong Wei Kong - HOT STOCK By' Wong Wei Kong CHUAN Hup Holdings shares jumped 17 cents or 13 per cent to close at $1.52 yesterday, after the marine group announced that the Stock Exchange of Singapore has approved its proposed l-into-5 share split. The stock was the258 words
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Article92 1999-10-01 6 Friday, Oct 1 ♦12pm. Singapore Computer Society holds media luncheon atTDB ♦2pm. Inauguration of Young Research Engineer Award 2000, NUS ♦2.30pm. Consultations between Asean Economic Ministers and Asean Chambers of Commerce and Industry ♦4pm. 4th Informal Consultations between Asean Economic Ministers and ministers from the CER (Australia,92 words
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Article, Illustration459 1999-10-01 6 larry wee - comment CURRENCIES More downside seen for US$, yen looking robust again, Dow jitters worrisome even if Fed hike unlikely larry wee CURRENCY markets seem once again to be jittery about holding on to the US dollar. And unlike Wednesday, the US dollar459 words
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Advertisement138 1999-10-01 6 Online Share Trading For Every $100 Commission receive a $25 voucher >,\., in our online share trading eq.com rewards programme Also learn more about eq.com Online Trading, where trading online has never been easier. You can trade shares, check quotes on stocks and indices. No access to a computer or138 words
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Advertisement8 1999-10-01 6 Going to trade online 7 323-3955 £31 )[>SBANK8 words
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SINGAPORE companies
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Article, Illustration676 1999-10-01 7 Teh Hooi Ling - Bat it still has problems, with an NTA per share of minus 1.22 cents By' Teh Hooi Ling (SINGAPORE] Debt-ridden IPC Corp is showing some signs of recovery, but its troubles are far from over. For the six months ended June 30,1999,FILE PHOTO - 676 words
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311 1999-10-01 7 Goldtron, L&M also provide updates on their revamp PROPERTY group Lim Kah Ngam (LKN) said yesterday that the first draft of its debt restructuring will be given to creditor banks shortly, while two other troubled companies, Goldtron Ltd and L&M, also issued311 words
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180 1999-10-01 7 PACIFIC Century Regional Developments (PCRD) yesterday reported a significant turnaround at half-time with a $1.1 million profit, from $11 million of losses a year ago. Group turnover increased by 10.5 per cent to $114 million. The main board company, whose subsidiary is behind the180 words
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Page 7 Advertisements
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Advertisement13 1999-10-01 7 The Straits Times Classified Where Ateliers 1 Buy ft. Sell It. Find H.13 words
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Advertisement94 1999-10-01 7 Buy It Sell It Find It Classified. Call Today For Results Tomorrow. 1800-737-1166 medFecs INTERNATIONAL CORPORATION LIMITED (Incorporated in Bermuda on 26 November 1997) INITIAL PUBLIC OFFERING 45,000,000 Ordinary Shares Issue Price: US$O.lB each Placement Share 550.306 each Offer Share Applications for shares under the public offer may be made94 words
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3573 1999-10-01 8 RANK SEPT AUG D6C COMPANY MKTCAP %CHG PRICE %CHG PE 30 31 31 SEPT 30 *99 FROM SEPT 30-99 FROM RATIO "99 "99 -90 IN S$M AUG 31 "99 AUG 31 99 1 1 1 SingTel *****.5 3.7 3.10 3.7 24.2 2 33,573 words
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4279 1999-10-01 9 JWJK RANK COMPANY INTERIM -EARMNGS(8UI)- CHANGE -TUW««»9M)- CHANGE -ffS(C8TS)- CHANGE ClfftR YRBC 1999 1996 1999 1906 1999 1996 1 1 Sap-98 997.6 964.6 34 2492.6 2382.6 <6 854 643 33~ 2 1 S Jun-99 655.0 163.2 3014 1460.0 796.0 83.4 124.004,279 words
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SINGAPORE news
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ON THE grapevine
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Article139 1999-10-01 10 THE foreign media in Hongkong is well-known to be a robust one, watching every power play and political struggle in the region closely. On Nov 10, they will be watching a power play of another sort their own coup at the Foreign Correspondents' Club. A139 words
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Article59 1999-10-01 10 IT seems the talents ofOCBC Bank's YY Chin are manifold. The bank's head of consumer financial services picked up Hakka and French while in Tahiti. He also speaks Tamil, which he picked up during his cricketing and hockey days with the Dravidians and the Hindu Youths.59 words
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Article, Illustration41 1999-10-01 10 HAS anyone seen the new logo of the soon-to-be-spun-off Agilent Technologies, the medical and instrumentation arm of Hewlett-Packard Co? Does it not look vaguely like the logo of government-owned Singapore Technologies, right down to the font used?41 words
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Article77 1999-10-01 10 A BT reader has pointed out that the four closed-end funds—Harimau, UIS, OUS and GlS—are listed as stocks and will fall under the new SO per cent rule if one uses CPF funds in buying them. He wonders if the bureaucrats know that these four are also77 words
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Article61 1999-10-01 10 SECOND Chance recently said that one of the reasons for its bonus issue was that it wanted to upgrade to the mainboard, and hence its paid-up capital had to be raised to $15 million. But with recent changes to the listing rules, that is no longer a61 words
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Article55 1999-10-01 10 THE organiser of CeBIT, the world's largest technology fair in Hannover, Germany, doesn't keep soft copies of photographs of their executives on file. Instead, they will mail the photographs to you for scanning if you are interested. We're a little surprised that Europe lags behind Asia in the55 words
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Article110 1999-10-01 10 N Ramakrishnan Indonesia via Internet - MAIT-Mli N Ramakrishnan Indonesia via Internet WITH reference to your Hock Lock Siew column "NOL and disclosure standards" (BT, Sept 25), I would like to inform your readers of the following. While the author explained about "channel stuffing" which I think is not relevant to110 words
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353 1999-10-01 10 YK Lim Singapore via Internet - YK Lim Singapore via Internet I REFER to the letter by Malik Tahir "Rest assured KL will catch up with Singapore" (BT, Sept 23), and the earlier exchange of letters on this subject. As a Singaporean, I am proud that over the last 34 years,353 words
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Article, Illustration511 1999-10-01 10 Audrey Tan - exclusive Manufacturing expansion cited; poll puts fall-year GDP growth at &3% By, Audrey Tan ECONOMIC growth in the quarter ended yesterday is likely to have rivalled the sec-ond-quarter's 6.7 per cent rise, thanks to the strong manufacturing expansion. A poll of seven economistsFILE PHOTO - 511 words
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Article, Illustration109 1999-10-01 10 [SINGAPORE] Ever wondered what it feels like to stand on the bow qf the Titanic or play tennis with cartoon stars? Here's your <*^toexperiencethatandmoreatSingaporeCableVision'sWOWWeekendCarnivalthisweekencLTheevent,tobeheldatthe Singapore International Convention and Exhibition Centre, marks the completion ofSCVs $500 million broadband network three months ahead of schedule ThisSIEW YAW HOONG - 109 words
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270 1999-10-01 10 IN its largest overseas investment so far, Singapore Power (SP), through its overseas investment unit, has signed an agreement to acquire a 51 per cent stake in three Asia Pulp Paper (APP) power plants in China for US$197 million. The co-generation270 words
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Article, Illustration566 1999-10-01 10 Anna Teo - But electronics shortage could hit new orders later By t Anna Teo THE latest purchasing managers' index (PMI) continues to yield healthy readings for the electronics and overall manufacturing sector, but a worldwide shortage of key electronics components could hit new orders down the road.566 words
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211 1999-10-01 10 SINGAPORE Telecom and Sing Net did not violate any regulations on predatory pricing and cross-subsidisa-tion, the Telecommunication Authority of Singapore said yesterday. TAS issued a statement to clarify its position on the matter foUowing the comments made by SembCorp Industries' outgoing211 words
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Article, Illustration302 1999-10-01 11 Marissa Chew - ontn^economy By\ Marissa Chew VISITOR arrivals continue to recover, rising 10.5 per cent year-on-year in August to reach 629,910. This brings arrivals for the first eight months of this year to 4.59 million, or close to 10 per cent more than in the sameSource: - 302 words
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262 1999-10-01 11 KORAM Bank, a joint venture between Bank of America and a number of Korean companies, has wu»Hp its debut in Singapore's Asian dollar market, tapping US$lOO million (Ssl7l million) through a transferable term loan facility. Twenty-one lender banks seven of them Singaporebased are participating262 words
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NEWS Roundup
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50 1999-10-01 11 THE Singapore Zoological Ganlene said it received its ISO 8002laamagnment system csrtlflcatfcm in A«nst. maldng it the to be certified. The car UflcaUoo implementation and was awarded by Uoyirs Register Quality Assurance Singapore. The certification covers both the Singapore Zoo and the Night Safari.50 words
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89 1999-10-01 11 FROM today, the Housing Development Board will advertise the details offlats available for selection and the procedures related to booking of fiats ante me Registration for Flat System (RFS) on the lltit day of the quarter, instead afon the first day. The ad89 words
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46 1999-10-01 11 THE Economic Development Board and the Ministry of Manpower (MOM) are organising a fbrum next wesk to highlight careetouMatunttlßa in Job eseksrs and stndsnts. Ths two-day forum is the first industry-wide initiative aimed at raising the creatingawarensee of the industry.46 words
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Article, Illustration561 1999-10-01 11 Kalpana Rashiwala - f ig exclusive Belle Vne condo's collective sale could fetch $300 m, tender likely out this month By Kalpana Rashiwala THE largest collective sale site in the Orchard Road area may be coming on the market soon. BT understands that the561 words
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Article, Illustration514 1999-10-01 11 Toh Han Shih - Firm charged uder Companies Act, liable to mazimam fine of $5,000 By! Toh Han Shih SBBB.com will globalise its controversial electronic commerce business model, despite being charged in court yesterday, founding chairman David Chang told BT yesterday. The company will contest the charge,514 words
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408 1999-10-01 11 Andrea Tan - By* Andrea Tan OIL giant Shell Singapore hit put its freehold sports club property along Paya Lebar Road up for sale for the third time in four years. Market watchers expect the sale to fetch more than408 words
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Advertisement16 1999-10-01 10 E-mail: btletter@sph.com.sg Bay It Sell It Find It Classified, fgf Call Today For Results Tomorrow. 1800-737-116616 words
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Page 11 Advertisements
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Advertisement40 1999-10-01 11 HBHWk Providing X" 1 cool comfort I CHtTNO 97 2-47)4 1 MBOWOO MM 1 Hitachi Plant Ofk>l tndncfrial 1 0 Anson Road »l 2 14 wlH* lllUUolilol International PlazaS'pnco799o3 m Tel: 222 0665 ft*: 224 8358 buildines. Pppr at lMp7AwwwJiitaciiipiaaLM>i.ae.jp40 words
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Advertisement94 1999-10-01 11 CHRISTIE'S |r;' M Le Thi Luu (Vietnam 1911-France 1988) Woman and chrfdrm Estimates: *****00-***** Singapore Auctions Preview in Singapore 1-2 October 1999, 10:00 am to 7:oopm at Grand Hyatt Singapore (Magnificent Jewels from the New York 18/19 October auction will also be on view) Auctions in Singapore Southeast Asian Pictures,94 words
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EDITORIAL & opinion
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Article, Illustration742 1999-10-01 12 Raju Chellam - Clone research dangerous to wish it away bottom line OPINION Raju Chellam The writer is BT's BizlT Editor EARLIER this month, away from the media glare, a small team of scientists in the US began work to create the world's first batch of cloned human embryos, while an earlier team742 words
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Article102 1999-10-01 12 The pace of reforms has slowed considerably. It boils down to a lack of political courage.' -CkmuiVadkn professor ofeconomics at the Centre for Policy Research in New Delhi, on the prospects of reform in India after the elections. 'It is almost the same as pushing them in102 words
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Article628 1999-10-01 12 EDITORIAL LIES, damned lies, and statistics. It's no surprise that the old line about dubious numbers has been heard rather more often of late as economists try and figure out a country's economic data But the problem doesn't always lie in the statistics. The same holds628 words
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Article, Illustration892 1999-10-01 12 Tom Plate - DonaldTfeangisa Hobbesian pessimist who'd like to see more international intervention to prevent widespread financial chaos By' Tom Plate The writer is a Los Angeles Times columnist ON the surface, it's hard to understand why Donald Tsang, Hongkong's respected financial secretary, is not smiling. The regionalFILE PHOTO - 892 words
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Article, Illustration993 1999-10-01 12 Celebrity Is no protection ALTON Fitzgerald White, one of the stars of the Broadway musical Ragtime, let it be known this week that he plans to sue the city for false arrest. And on Tuesday he made an appearance at a parochial school in Harlem to993 words
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MALAYSIA news
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173 1999-10-01 13 KUALA LUMPUR Reuters MALAYSIA'S Finance Minister Daim Zainuddin said yesterday the fall in stock prices on the Kuala Lumpur Stock Exchange was due to Wall Street weakness and not concern over domestic politics. The national Bernama news agency quoted MrReuters - 173 words
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Article, Illustration493 1999-10-01 13 EUR WOES Lingering concerns over its political scene is one reason, sajr analysts Reuters [KUAL h iUMipffKForeign investors havefled Malaysia's stock market since an exit tax on capital ended early this month and are content to stand clear for now, analysts say. LingeringReuters; Source: Bloomberg - 493 words
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Article189 1999-10-01 13 KUALA LUMPUR Bloomberg MALAYSIA'S broadest measure of money supply fell in August for the first time in five months, tracking a decline in the stock market. M 3, the most closely watched money supply measure, fell 0.3 per cent in August from a month earlier,Bloomberg - 189 words
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220 1999-10-01 13 NEW YORK Bloomberg, AFX-Asia MALAYSIA warned yesterday of another currency crisis in South-east Asia if speculative attacks on currencies continue. "Quite recently some currencies have come under attack again, and if that kind of attack is mounted on the scale of 1997-98, thenBloomberg,; AFX-Asia - 220 words
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397 1999-10-01 13 Eddie Toh - Anti-corrnption chief tells of agency's frustrations From Eddie Toh in Kuala Lumpur THE Malaysian Anti-Corrup-tion Agency (ACA) has been a "toothless tiger" in its probe into troubled Perwaja Steel a political hot potato in Malaysia. "As you know, one of the sources397 words
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448 1999-10-01 13 Diana Oon Abdullah - From Diana Oon Abdullah in Kuala Lumpur RASHID Hussain Berhad and its holding company, RHB Capital Berhad, have showed improvement in their fullyear results. They reported smaller net losses 0f598.2 million Malaysian ringgit (Ss26B million) and RM254.2 million respectively, compared to RM935.8 million and448 words
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MARKET moves
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Article142 1999-10-01 13 STOCKS of infrastructure conglomerate Renong and several related companies were sold down yesterday following the previous day's announcements of losses for the full year ended June 1999. Renong's loan stocks and shares accounted for 18 per cent of yesterday's total volume of 176.9 million units traded.142 words
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Article46 1999-10-01 13 TOPPING the losers' list yesterday was Johor-based construction group Mancon Berhad, which shed 35 sen, or 36 per cent, to close at 61 sen yesterday, on a volume of 5.1 million shares. Brokers could not explain the sudden selling pressure on the counter.46 words
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Article104 1999-10-01 13 Diana Oon Abdullah - Compiled by Diana Oon Abdullah AFTER seeing some gains, banking stocks once again saw their prices slide just as news of the first-stage completion of banking mergers was reported yesterday. KLSE heavyweight Maybank spent most of the day 10 sen up, but closed unchanged at RMII.BO, with104 words
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800 1999-10-01 14 KL BANK MERGERS But real hard work, such as valuing financial institutions and streamlining operations, still lies ahead: analysts AFP, Bridge News [KUALA LUMPUR] Malaysian banks and finance companies met yesterday's deadline to reach agreement on a drastic programme of forced mergers, butAFP,; Bridge News - 800 words
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Article, Illustration270 1999-10-01 14 KUALA LUMPUR Reuters MALAYSIA'S newly merged Bumiputra-Commerce Bank Bhd, the county's second largest lender, saw growth in its lending business of 4 per cent so far this year and expects further expansion as the economy recovers. "It's accelerating, and we'd like to see itReuters; REUTERS - 270 words
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Article74 1999-10-01 14 Reuters "BANK Negara Malaysia had on July 29,1969 announced a bank merger and consolidation programme, which required all the domestic banking ttHlnHwn tn tlgn MpmnnmAinu nf TTnri^raftmHIng (MOUs) with the anchor franking institutions by Sept 80,1909. "In this regard. All Abul Hassan Sulaiman, governor atReuters - 74 words
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Article518 1999-10-01 14 KUALA LUMPUR Redemption due in Oct and Nov; firm yet to announce how it will meet obligations AFX-Asia TECHNOLOGY Resources Industries Bhd's US$375 million (*****.4 million) two-tranche 1994 convertible bond issue, which carries a special redemption option due in October and November, is causing someAFX-Asia - 518 words
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MALAYSIA Briefs
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Article41 1999-10-01 14 Dow Jones [WASHINGTON] Malaysia's Second Finance Minister likely will revise up an economic-growth projection of one per cent for 1999 when it issues the budget for2ooo next month. But he did not give a figure.—Dow JormDow Jones - 41 words
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59 1999-10-01 14 AFX-Asia (lU2ALA LUMPUR] The securities Commission saia it win now allow companies the flexibility to change profit guarantees it among others, the application is made aftar the financial year has ended. Changes to profit guarantee obligations for the first year after listing onAFX-Asia - 59 words
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Article42 1999-10-01 14 Bernama [KUALA LUMPUR) Berjaya Group Bhd reported a pre-tax loee of Malaysian ringgit 21.353 million (Stfcflmillion) for the first quarter ended July 31.1998, on a turnover billion. The loss was mainly due to the exceptional loasofßM9*.6 million.—BernamaBernama - 42 words
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Article59 1999-10-01 14 AFX-Asia (KUALA LUMPUR] Abrar Corp Bhd's executive chairman and managing director Wan Muhamad Hasni Wan Bulalman said he will resign from the company as soon as he feels that the company has been strengthened after its proposed restructuring scheme. The MahgnOan < Business Times quotedAFX-Asia - 59 words
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204 1999-10-01 14 KUALA LUMPUR AFP MALAYSIA is considering changing the law to bar lawyers from politics, a minister said yesterday. The government had received "numerous complaints" asking whether lawyers were abiding by their profession when they were also members of parliament or state assembly members,AFP - 204 words
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Advertisement13 1999-10-01 13 sometimes g knocks. For 85 cents, we'll slip it quietly under your door.13 words
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Advertisement11 1999-10-01 14 Sfl§HI m -Wm '9: j K—/ v—✓ I—i t >—S W11 words
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SOUTH-EAST asia
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408 1999-10-01 15 Al Labita - Purchase of JIM pesos of Smart shares from NTT and First Pacific will be through share swap From Al Labita in Manila MANILA and New York-listed telecoms giant Philippines Long Distance Telephone (PLDT) is acquiring a cellular provider through a share swap. In a statement408 words
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NOTE Book
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36 1999-10-01 15 AFP (JAKARTA] Indonesian police said yesterday they detained Ave of the 10 suspects named in the Bank Bali scandal that has rocked the bank restructuring programme and threatened foreign aid.—AFPAFP - 36 words
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Article30 1999-10-01 15 Bloomberg {BANGKOK] Thailand's central bank will meet today to approve Singapore-based United Overseas Bank Ltd's acquisition of Radauasin Bank Pel, the country's smallest commercial lender.—BloombergBloomberg - 30 words
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Article39 1999-10-01 15 Land Houses'share sale to GIC AFX-Asia [BANGKOK] Land and Houses Pic said it has completed the sale of 34.28 million shares at 14 baht per share to Government of Singapore Investment Corporation on Sept 28, raising 1.32 billion baht.—AFX-AsiaAFX-Asia - 39 words
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Article34 1999-10-01 15 AFP {BANGKOK] HSBC Holdings pic is among five bidders in the running to buy a majority stake in Thailand's Bangkok Metropolitan Bank (BMB), The Nation said yesterday.—AFPAFP - 34 words
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24 1999-10-01 15 AFX-Asia [JAKARTA] Opposition leader Megawati Sukarnoputri said President BJ Habibie should not seek another term, Antara news agency reported.—AFX-AtiaAFX-Asia - 24 words
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34 1999-10-01 15 AFP [JAKARTA] Indonesia's State Enterprises Minister Tanri Abeng yesterday said the government was prepared to sell a stake in debt-riddled PT Garuda Indonesia to foreigners to raise fluids.—AFPAFP - 34 words
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Article, Illustration455 1999-10-01 15 Shoeb Kagda - IMTO TBE FUTURE By\ Shoeb Kagda [JAKARTA] THE economic crisis of the past two years has significantly altered the country's political and economic make-up as social unrest has spread across the length of this vast archipelago and millions of its455 words
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541 1999-10-01 15 Harish Mehta - But investors still worry abont financial sector woes From! Harish Mehta in Bangkok THAILAND'S manufacturing, exports and consumption soared in August, with all three indicators recording their highest monthly growth this year. Analysts hailed the figures as a sign that the economy was powering out541 words
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Article, Illustration399 1999-10-01 15 AFX-Asia, Reuters [BERLIN] President BJ Habibie Mid in an interview to be published in Germany that his predecessor Suharto would be indicted for allegedly extorting public funds. He told the German weekly Rhetnischer Merkur to be published today that "from the reports IAFX-Asia,; Reuters - 399 words
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Page 15 Advertisements
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Advertisement14 1999-10-01 15 CONCORD Time is a luxury. 1. ,v% A'jj J' >v •'> i: <1 >v• r-14 words
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ASEAN meeting
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Article, Illustration815 1999-10-01 16 YANG RAZALI KASSIM - Asean ministers hope that a regionwide virtual community will galvanise the distracted grouping reports TAMO »*cg»— YANG RAZALI KASSIM [SINGAPORE] THE Association of Southeast Asian Nations is to have a new frontier: eAsean, a dimension in cyberspace. This fresh and innovative idea is anSTEVEN LEE/ST - 815 words
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Article, Illustration916 1999-10-01 16 BT s regional analysis editor Yang lUamll K»rim caught up with Asean deputy secretary-general Suthad Setboonkarng to discuss some key issues. Qs What progress has been made in this week's talks to free up investment? A: The Asean Investment Area (AIA) Council looked916 words
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Page 16 Advertisements
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Advertisement408 1999-10-01 16 NOTICES i To advertise call toll-free 1800-741 1883 Fax No: 741 1298 j Sime Singapore Limited 1 NOTICE OF ANNUAL GENERAL MEETING invited to attend the Annual Genwal Meeting of the Company to be wura ra^ en!nCe Sme Dart>l Cwtn B96 Du "O 8 t>4-o<. Singapore *****2 on Fnday, 29408 words
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Advertisement563 1999-10-01 16 ABL popular holdings limited (Incorporated in fhe Republic of Singapore) 500W E r!i t E I E d T?'Y EN hat on Extraordinary General Meeting of the Company will be held at 10.30 am on the same day and at the some place) for the Wlow.ng Purposes X SPECIAL RESOLUTION563 words
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Advertisement156 1999-10-01 16 Land Transport Authority (Preview 4 5 Oct, Auction 7 Oct) Lost and Found Items, Vehicles, etc Customs and Excise (Preview 7 Oct, Auction 8 Oct) Jewellery, Vehicles, etc TEK Printing Company Pte Ltd (Preview Auction 8 Oct) Business Forms Printing Machines Ministry of Defence and Police Force (Preview 12-13 Oct,156 words
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EAST asia
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383 1999-10-01 17 HONGKONG Galled The Tracker Fond', it will track the benchmark Hang Seng Index Bloomberg HONGKONG has hired nine banks to sell US$l billion to USss2 billion of shares in an index-tracking fund created from its US$26 billion (5544.5 billion) stockBloomberg - 383 words
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423 1999-10-01 17 Meera Tharmaratnam - Announcement highlights growing threat to HKTs position From] Meera Tharmaratnam in Hongkong CLP Telecom, a subsidiary of power company CLP Holdings, says it will join a growing line of competitors waiting to take a chunk of the international call market when telecommunications423 words
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SINO Briefs
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Article47 1999-10-01 17 Reuters [LONDON] Britain's largest life insurer Prudential Corp Pic said yesterday it was buying 57.8 per cent of Taiwan's Chinfon Life Insurance Company for NT$l.l billion (5558.9 million). Chinfon, has received approval to apply for a licence in the potentially lucrative Chinese market.Reuters - 47 words
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Article65 1999-10-01 17 Bridge News [HONGKONG] Hongkong-listed Gitic Enterprises Limited posted a January-June interim loss of HK515.63 million (553.4 million), compared to a profit of HR57.34 million previously, the company announced in a statement yesterday. The red chip firm's loss per share came in at 3.2 HKBridge News - 65 words
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77 1999-10-01 17 AFX-Asia [HONGKONG] China approved 9,368 foreign-ftmded enterprises in the country during the first seven months, with combined investments worth U5522.2 billion (5537.8 billion) and paid-in overseas capital of US$2l.4 billion, the official Xinhua news agency reported. According to government statistics, the number of approved enterprisesAFX-Asia - 77 words
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70 1999-10-01 17 Procter Gamble to up China business AFX-Asia [HONGKONG] Procter Gamble Co plans to increase its business in China to 10 per cent from 3 per cent of its global business over the next 10 years, company chairman Durk Jager said. China has wide prospects and market potential and a lotAFX-Asia - 70 words
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Article, Illustration490 1999-10-01 17 SHANGHAI Reuters THE Shanghai Futures Exchange aims to become a major regional commodities trading centre by developing new products and raising the profile of its existing futures trading, exchange chief Zhou Xiaohong said yesterday. She told Reuters that as the premier futuresReuters; FILE PHOTO - 490 words
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339 1999-10-01 19 MORTGAGE WARS More customers switching loans and making bank portfolios unstable Bridge News [HONGKONG] The Hong Kong Monetary Authority's (HKMA) acting chief executive David Carse yesterday called for banks to rein in marketing efforts in the mortgage sector. The competition, he said, had causedBridge News - 339 words
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755 1999-10-01 19 Teh Hooi Ling - j exclusive Local firms have invested over $200 m in Chinese market By 1 Teh Hooi Ling [SINGAPORE] Singapore companies, which have pumped in more than $200 million into China's telecoms market, have joined a foreign investors' group755 words
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Article, Illustration391 1999-10-01 19 AFP [BEIJING] China vowed on the eve of the 50th anniversary of communist rule to crack down on all forms of dissent and push ahead with reform, as police clamped a ring of steel on the heart of Beijing ahead ofAFP; Source: AFP graphics - 391 words
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Page 17 Advertisements
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Advertisement131 1999-10-01 17 ~7D yQLDUR THEIR PERCEPTIONS. R M Kb* fl IV A Bk.. fl H .^9 You are what you wear. And with the Motorola V-Series, in brand-new metallic finishes with chrome trim, you'll turn everyone green. Party animal? Radar Blue is for you. Fancy yourself a cool hand? Then Light Titanium131 words
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Page 18 Advertisements
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Advertisement127 1999-10-01 18 THE ONLY 2-LITRE EUROPEAN CAR WITH A 5-YEAR/ioo,oookm WARRANTY. The Ford Mondeo now comes with a year /i 00 ,000 km warranty the best in the industry. It's the car that assures complete motoring confidence and higher resa,e va,ue $128,800 „,CO E I IMMEDIATE REGISTRATION. LIMITED UNITS ONLY. 3-year/60,000km free127 words
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Page 19 Advertisements
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Advertisement127 1999-10-01 19 ANNOUNCEMENT In April 1999, a joint venture company Daiwa Securities SB Capital Markets Company Ltd, was successfully formed between Daiwa Securities Co., Ltd and Sumitomo Bank Limited. We are pleased to announce that with effect from Ist October 1999, the following companies will change their names:Daiwa Singapore Limited to Daiwa127 words
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SOUTH asia
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374 1999-10-01 20 BOMBAY Tttal US$L4b in bids a record in India; 130 rupee offer values firm at lOJib rupees FT INVESTOR enthusiasm for India's booming software sector was amply demonstrated on Wednesday when Hughes Software Systems said its initial public offer of 3.9 millionFT - 374 words
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Article, Illustration301 1999-10-01 20 BOMBAY Recommendations aim to lift companies' reporting standards Bloomberg THE Securities Exchange Board of India, the country's stockmarket regulator, will unveil a discussion paper on guidelines for companies that will make them offer more information about themselves to investors. A group of experts, headedBloomberg; FILE PHOTO - 301 words
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342 1999-10-01 20 NEW DELH AFP POLITICAL instability and economic sanctions have made US companies shy away from investing in India, an official of the Indo-American Chamber of Commerce (lACC) said on Wednesday. A survey for the period between January and May 1999AFP - 342 words
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Article, Illustration66 1999-10-01 20 [KALIGANJ, West Bengal] Village children watching a man paint the party symbol ofthe Communist Party of India-Marxist (CPIM) on the mud walls ofa hut in Kaliganj village. West Bengal, as a part of CPIM 's pre-election campaign. West Bengal, including Calcutta, goes to polls on OctAFP - 66 words
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283 1999-10-01 20 NEWDELHI Manufacturing demand rises on Canning recovery Bloomberg INDIA'S economy expanded 5.5 per cent in the April-June quarter from the same period a year ago, aided by increased industrial output. Growth during the quarter, the first in India's fiscal year, slowedBloomberg - 283 words
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Page 20 Advertisements
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Advertisement895 1999-10-01 20 Jk IDCO ip C 0 International Limited (Incorporated in the Republic of Singapore) Notice of Extraordinary General Meeting Notice is hereby given that an Extraordinary General Meeting of the Company will be held at 24 Pandan Road, Singapore *****5 on 25 October 1999 at 9.30 a.m or immediately after the895 words
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WORLD news
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303 1999-10-01 21 TOKYO Bloomberg NIPPON Telegraph Telephone Corp, the world's largest phone company, said profit from its local phone service fell 82.4 per cent last year as traffic was eaten by cellular phone operators. NTT, the former government monopoly for domestic phone services, saidBloomberg - 303 words
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582 1999-10-01 21 TOKYO Global asset allocation survey shows concerns that stocks may be overvalued Reuters JAPANESE financial firms see a shift of funds out of stocks and into cash in October amid growing worries that stocks may be overvalued and about currency volatility, a Reuters surveyReuters - 582 words
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Article, Illustration976 1999-10-01 21 Anthony Rowley - IMF/WORLD BANK MEETINGS Market sees softer monetary stance bnt MOF sceptical From, Anthony Rowley in Washington BANK of Japan governor Masaru Hayami's pledge during the G-7 finance ministers meeting in Washington on Sept 26 that the Japanese central bank would be flexible in its approach976 words
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Article, Illustration467 1999-10-01 21 NEW YORK Reuters TOYOTA Motor Corp drove on to the New York Stock Exchange (NYSE) on Wednesday with the hype of a hot rod but the doubtful power of an old subcompact, sputtering despite early gains in the overall market. Japan'sReuters; REUTERS - 467 words
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328 1999-10-01 21 WASHINGTON NYT PRESIDENT Clinton on Wednesday announced a major expansion of American efforts to forgive the debt of the world's poorest nations, saying those countries would not have to pay back any of the billions of dollars they borrowed from AmericanNYT - 328 words
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462 1999-10-01 22 WASHINGTON Trade deficit swelled and businesses added less to inventories, says Commerce Department Reuters THE US economy grew at the slowest pace in four years during the second quarter as the trade deficit swelled and businesses added less to inventories, theReuters - 462 words
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195 1999-10-01 22 TOKYO Reuters AN accident at a Japanese nuclear fuel facility yesterday exposed three workers to radiation and prompted authorities to evacuate the vicinity, raising fresh concerns about the nation's nuclear safety. Government officials said there may have been a "criticality incident" at aReuters - 195 words
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Article, Illustration586 1999-10-01 22 Larry Wee - SINGAPORE Selected Thai and Indonesian stocks favoured Uy\ Larry Wee [SINGAPORE! The best returns from global emerging markets will be found in Asia over the coming months, but attention may well shift to Latin America some time next year if Brazil finally devaluesSIEW YAW HOONG; Source: - 586 words
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Article, Illustration299 1999-10-01 22 BT PEOPLE Reuters [STOCKHOLM] Guenter Grass, Germany's greatest living writer, won the 1999 Nobel Prize for Literature, the Swedish Academy said yesterday. The academy said in its citation that it had awarded the prize to Grass, "whose frolicsome black fables portray the forgottenReuters; REUTERS - 299 words
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405 1999-10-01 22 Leon Hadar - From Leon Hadar in Washington US officials and lawmakers are concerned over the failure of Washington to advance its free-trade agenda and warn that lack of public support could make it difficult for the Clinton Administration to launch a new round of negotiations to405 words
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Article, Illustration684 1999-10-01 23 DVTERMET REVOLUTION Its I2m customers can shop for more than 500,000 products on zShops Bloomberg [NEW YORK] Amazon.com Inc, the biggest Internet retailer, said it will rent space to other merchants and create an online shopping mall with over 500,000 products. From yesterday, aBloomberg; FILE PHOTO - 684 words
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314 1999-10-01 23 HARTFORD, Connecticut Reuters AMID a swirl of rumours that long-distance and cable giant AT&T Corp was planning a major Internet deal, a top official denied much of the speculation in an interview on Wednesday. Leo Hindery, head of AT&T's cable and InternetReuters - 314 words
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GLOBAL Briefs
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54 1999-10-01 23 Reuters g (BKUSSELB] Belgian telecoms operator Belgacom fr expects to poet record profits and turnover for 1999, chairman John Gooeens said yesterday. "It still looks like we're going to have another record year, despite H heavy competition." He expected mobile unit Proximus to reach twoReuters - 54 words
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68 1999-10-01 23 Reuters ft OLQNDON] Britain's Imperial Chemical Industries Pic r 0CI) is poised toiell its acrylics business for around £530 million (Sfl.s billion), the Financial Times reported ytftarday.lt said the deal could be set for signing yeeterdaj. ICI had agreed to sell the businessReuters - 68 words
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Article44 1999-10-01 23 Bloomberg [PARSIPPANY, New Jersey) Nabisco Holdings Corp, the maker of Oreo cookies, agreed to buy struggling Favorite Brand* International Inc for US$475 million (SsBl 1.6 mfflkm) in cash, which would make it the leading US producer of non-chocolate candy.—BloombergBloomberg - 44 words
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Article, Illustration65 1999-10-01 23 AFP (SYDNEY) Shares in Rupert Murdoch's News Corp hit their lowest level in eight months yesterday as fears over a •ofter-than-expected US advertising market drove some analysts to ft downgrade their earnings forecasts. News Corpus shares on the Australian Stock Exchange lost 32AFP - 65 words
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Article37 1999-10-01 23 Bridge News (OKLAHOMA CITY] Legal experts said they see J indications that federal approval of Exxon Corp's US$76 trillion (*****.4 billion) merger with Mobil Corp could be delayed weH into the fourth quarter.—Bridge NewsBridge News - 37 words
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159 1999-10-01 23 WASHINGTON Reuters THE Securities and Exchange Commission (SEC) loosened its requirements on the information foreign companies must disclose when they file to sell stocks and bonds in the United States. Coming closer to standards that were endorsed by a global association of securities regulatorsReuters - 159 words
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268 1999-10-01 23 WASHINGTON Well continue to acquire companies, says its GEO Reuters LEADING Internet portal Yahoo Inc is unlikely to accept a takeover offer any time soon, but will continue to partner with other major businesses, chief executive officer Timothy Koogle said on Wednesday.Reuters - 268 words
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Page 21 Advertisements
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Advertisement39 1999-10-01 21 rrn»a the world s leading v OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Incorporation Fees fiom USSSOO J BAHAMAS JERSEY if BRITISH VIRGIN MAURITIUS P if ISLANDS 2 SEYCHELLES 2ft f CAYMAN ISLANDS SAMOA WM C' BELIZE mnm IS™ $i!i39 words
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Page 22 Advertisements
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Advertisement67 1999-10-01 22 for ALLrcnrarara I I v I JHm* I H BUgliHw. B |Kj |Hk (H •> Available at: Petite Finesse Boutique, #02-43/45 Suntec City Mall Tel: 337 0823 Petite Cherie Boutique, #02-40/41 Centrepoint Tel: 734 9658 m ±'±-1 /*L* m The Sale Shop, #03-12 Midpoint Orchard Tel: 738 2635 ClIlO erie67 words
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Page 23 Advertisements
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Advertisement1144 1999-10-01 23 Ballroom, Hilton Singapore Sunday, Oct. 3, 1999 Viewing time 10.30am-12 noon Auction time From 12.15pm Eastern Carpets brings you its newest collection of village, tribal and city rugs all the way from Central Asia. Every item handpicked by Edmund and Shukor, and yours for a very special price. What s1,144 words
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FINANCE & commodities
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221 1999-10-01 24 Daphne Tay, Jardine Fleming - SIMK Jt Reports MS& Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market closed higher yesterday albeit on low volume as players stayed neutral ahead of the US Federal Open Market Committee meeting scheduled for next Tuesday. The Straits Times Index closed at the221 words
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Article158 1999-10-01 24 Cecilia Loh Refco Singapore - MSCTTaiwan tatnres Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures slipped 2 points on the back of Nasdaq's loss yesterday. The underlying Taiwan Weighted Price Index took a dip of 16.66 points to 7,596.79, erasing early huge losses on optimism that government158 words
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351 1999-10-01 24 EMERGY REPORT Reuters [LONDON] Crude oil took a breather from its upward march yesterday, easing from the 33-month peaks hit the previous day when US industry and government figures showed production cuts biting into oil inventories. Global benchmark Brent blend for November deliveryReuters - 351 words
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Article323 1999-10-01 24 AFP, Reuters Tiftmiirn THE euro took a breather late in Europe yesterday after extending recent gains against the US dollar to four-week highs amid expectations of higher European interest rates and worries over US asset markets. The euro drew support in from Swiss franc gains, which in turnAFP,; Reuters - 323 words
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Article1410 1999-10-01 24 WCOMHFTUMB Sept 30 RSSICOHTIMTtS carti/lD dOM MM flMa W» fr fctt Q—M> IMwmI Oct 9f mm ***** SM OK M 1M.00 1200 JW*r00 100.75 300 *r£M»M 112.75 115.7$ RSS 3 CONTRACT (US c«tiAi> Wmm 0m mwo m U» Mtt (twQ **Wlt Ociff 50.00 57J5 w5 B MO £2 58.75 2001,410 words
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Article, Illustration1013 1999-10-01 24 71 r Sept 30 a ht te» ftr D« HKj Wh»»tn Y- W H ICSNfct» |n yr IT| -Y N— aSdH 1 IMS 09W 5441 0°M2 4209 1255 L29« MmS™ IS! IVi 5"S 70 1930 ******.730 26JM 0296 0453 Am rjr r~; Hr® 29 735 57.343 0.721 8297 2.592 UK1,013 words
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STOCKS east asia
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Article, Illustration2583 1999-10-01 25 HONGKONG Reuters, AFP PHaagScng jjjJj HONGKONG shares fell 0.8 per cent in pre-holiday trading yesterday following overnight declines on Wall Street and on worries of a likely increase in US interest rates. "There is no buying interest because of the long weekend,Reuters,; AFP - 2,583 words
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Article549 1999-10-01 25 TAIPEI AFP Qwpmb -ILM TAIWAN share prices closed 0.2 per cent lower yesterday on strong selling of financial stocks amid concerns over mounting bad debt after last week's devastating earthquake, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 16.66 points to 7,506.79 onAFP - 549 words
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Article, Illustration922 1999-10-01 25 Reuters, AFP Bskrt«Biifci *0124 SHENZHEN'S B shares ended up slightly yesterday due to domestic institutional support on the eve of a long holiday for the 50th anniversary of the founding of the People's Republic of China. The B Index rose 0.24 point to 87.23 on turnover of HK$22 millionReuters,; AFP; Source: Credit Lyonnsis Securities(Asia) Ltd - 922 words
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Article2042 1999-10-01 25 TOKYO AFP Q Nikkei 225 «mm TOKYO share prices rose 1.9 per cent yesterday as investors bought high tech and other export-linked issues as the yen stabilised against the US dollar, brokers said. "The yen's slight rebound in mid-af-ternoon had no major impact on theAFP - 2,042 words
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Page 25 Advertisements
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STOCKS klse
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Article, Illustration390 1999-10-01 26 AFP f CI Composite Index -&06 S MALAYSIAN share prices i closed 1.2 per cent lower s yesterday in lacklustre trade amid a lack of fresh leads and concern over Wall Street's performance, dealers said. The Kuala Lumpur Stock Exchange Composite Index feU 8.06 pointsAFP - 390 words
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Article7918 1999-10-01 26 NNHTMALS Last Pf,-Bll V- Day Net Cag Lew Cimpiai lafc "OOP High Lew M $«wl 440 255 AjinomotO 310 19.7 125.6 174 44 Angkasa 91 -2 77 94 91 134.2 404 220 Apollo Food Hlg 312 -12 9 316 312 10.9 1243 294 115 BerjayaLend 169 -1 306 173 1627,918 words
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Page 26 Advertisements
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Article2875 1999-10-01 27 TURNOVER rOOO) VALUE (*000) m* Ml T«m Mt» Tf» MHM 17.454 17,454 36,156 36.156 Manufacture ***** 2T.791 S6J40 43,971 12,725 7UM ClH—iro 10.495 1.494 JI.9T9 17,323 *39 19,161 Tpt/Vor/Cam 37,042 SO* ***** 99,909 257 100,166 rtwu 9.132 9.132 HJ3] 6*433 Contraction 4.129 U70 5,499 2J13 690 2.9*4 P»»Wll«l2,875 words
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REGIONAL stocks
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Article, Illustration850 1999-10-01 27 AFP □set Max -L5B THAI share prices closed 0.4 per cent lower yesterday, with the market failing to sustain early gains amid a lack of leads to support fresh buying, dealers said. There was a small afternoon rebound after monthly economic data from the central Bank of Thailand boostedAFP - 850 words
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Article281 1999-10-01 27 AFP PMul> *14.71 THE Philippine Stock Exchange Composite Index rose 14.79 points to 2,096.20 yesterday. Volume fell to 4 billion shares worth 4.1 billion pesos from 6.5 billion shares worth 3 billion pesos on Wednesday. *mn *m mm Abacus Construction 1.90 -0.12 3 Abort lz Equity US unch 35S5AFP - 281 words
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Article, Illustration707 1999-10-01 27 AFP QCfßtaMgi +2L47 INDONESIAN share prices surged 4.1 per cent yesterday as political tensions eased on expectations for a smooth start to the new session of Parliament, dealers said. A dealer at a local brokerage said strong buying particularly in the afternoon reflected growing optimism the first session ofAFP - 707 words
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Article270 1999-10-01 27 AFP Q Composite Index -317 THE Korea Stock Exchange Index closed down 32.7 points at 836.18 yesterday. Volume was 228.7 million shares worth 3.4 trillion won. —AFP U#M *h AnemSeml ***** 400 Brain Tech 1875 -65 Central Bank 2920 no ChMComm 7*900 1600 Dm Gu Bank 4300 -140 OaesangCarpAFP - 270 words
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Article560 1999-10-01 27 AFP DmOrtorwi -117 AUSTRALIAN share prices closed 0.6 per cent weaker yesterday, brokers said. The Australian Stock Exchange's key barometer, the All Ordinaries Index, fell 16.7 points to 2,881.1. Turnover totalled 478.9 million shares worth Asl.l billion. The All Industrials Index closed down 35.8 points at 4,928.4, while theAFP - 560 words
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Article276 1999-10-01 27 AFP +7.47 NEW Zealand shares showed some positive signs yesterday to close. The NZSE-40 Capital Index ended at its high, up 7.47 points or 0.4 per cent, at 2,023.18. Volumes were moderate at NZ$BB.4 million. Nigel Scott at ABN Amro said order flows were genuine rather than reflecting endAFP - 276 words
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Advertisement14 1999-10-01 27 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes III«a P o I I14 words
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Page 28 Advertisements
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Advertisement485 1999-10-01 28 II I I I I I I H H II 1| I In the wotU of bunnex. nfmtoi <a often be Ik key u rattm* jam leading business daily. From identifying macro-economic trends to detailed mdustoy INTELLIGENCE CHANGES EVERYTHING. !!!?^^^l!r"^^^ rf HM 1 111 «*1 insights. And now, U will485 words
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Advertisement333 1999-10-01 28 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF PUBLIC SECURITIES UMfTED (MEMBERS' VOLUNTARY WINOING UP) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 47 Hi* Street #0501, Chinese Chamber of Commerce ft Industry Building. Singepore *****5, on 23333 words
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Advertisement494 1999-10-01 28 THE COMPANIES ACT, CAP. 50 METHODS A SERVICES PTE LTD (In Liquidation) At a general meeting of METHODS SERVICES PTE LTD duly convened and held on the Ist day of October, 1999 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section494 words
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Advertisement528 1999-10-01 28 IN THE MATTER OF THE COMPANIES ACT CARSO AND M THE MATTER OF TORAWTTAN INVESTMENT (PTE) LTD (In Members' Voluntary Liquidation) At an Extraordinary Ganaral Mining of Rie abovenamed Company duly convanad and held at 2 Havalock Road. #06-06 Apollo Centre. Singapore *****3 *r 30 September 1909, the Morning Speak,528 words
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Advertisement595 1999-10-01 28 THE COMPANIES ACT. CHAPTER SO Section 290(2)(b) NOTICE OF RESOLUTION CCI PROPERTIES (HOLLAND VILLAGE) PTE UMfTED (In Mtmbtfi' Voluntary At on Exlroorttnory Ganarol Mating of CCI In I 1 a W J L -IJ i i upw imi noßong nv uiimw ntnj at 239 Alawmdro Rood. 4ih Laval. Singapore *****0595 words
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Advertisement569 1999-10-01 28 M THE HKaH COURT OF THE REPUBLIC OFBMGAPORE Adrwaßysi Personam No 645 ol 1988 EVERGREEN RfTERNATCNAL SA (No C Number Exgtt) -PkMb And JOINT VESSELS LIMITED and a* other persons ciaxrwig or being entißed to dart nae. damage andtorsqieneo by taeeon dor Viang out ol Rie coNdon between Rw d«p569 words
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Advertisement480 1999-10-01 28 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF LALAN ATELIER (S) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of tw Companiaa Act, Cap. 50 that the Final Meeting of Members of the Company480 words
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Advertisement10 1999-10-01 28 741 1298 or Call tollfree: 1800 741 1881 V J10 words
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Article8032 1999-10-01 29 MAIN BOARD Transaction date: Sept 30 6c Or M Wt 52-Wk Laat Vol Day Last Quota Mr Mt VN M Cap Ayg hue l— stw* ciwuwy wi room u» mmm tawar c*»r p/i <3 MMLTHNDUSTRY 182 17.5 m b 1000 Acma 50c 107 cd -I 196 WO 1068,032 words
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Advertisement56 1999-10-01 29 /Th g ac^^er^eme^' n p j f J Janice surprise^,, ?f" bouquet of flowers to \j ls irl fr J ->IBKI r~T*Wlra!»l f Buvina or selfintf through MSSBmSStt' M'Hf iikeiry The Straits Times Classified is child's play. '"m&W If „•> /> A. I m 1 IVi f they're so J56 words
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GOLF ryder cup
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Article, Illustration676 1999-10-01 30 US players say Europeans are sore losers, embarrassed at being thrashed Reuters [PINE MOUNTAIN, Georgia] US Ryder Cup players defended their team on Wednesday in the wake of a barrage of criticism of the Americans from European team members, and said Europe soundedReuters - 676 words
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Page 30 Advertisements
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Advertisement220 1999-10-01 30 B g > BariSMlfeJl&y: EM£«I HF 9 m I Br \m W H Hfe- p>? t J Hp v I BSpy I Hp jf■%s?ss. ®fc« it* P o*'» if*>-f ■%%■•< j|r T i i<r 1 *****52 Ron* Vw«« ftowce Capri Paris Monte Carlo Madrid Barcelona Lisbon Antwerp Tokyo Osaka Taipei220 words
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EXECUTIVE Lifestyle
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Article, Illustration1781 1999-10-01 31 CORINNE KERK - What are some of the hot jobs on the market now that the economy is recovering? Which sectors are recruiting and what are employer and employee attitudes like now compared with pre-crisis dmi > flwniwwwii r the an^e^ COVER STORY CORINNE KERK IT'S PROBABLY no surprise, butFILE PHOTO - 1,781 words
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Article, Illustration973 1999-10-01 31 Parvathi Nayar - Collector Denis Low find* great joy in little bottles By] Parvathi Nayar SNUFF BOTTLES present a strange anomaly. They are exquisite, dainty, fragile, like something designed for a lady's purse. Yet they were used by among the most powerful and influentialPHOTO OF DENIS LOW BY ARTHUR LEE - 973 words
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VIEWPOINT
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731 1999-10-01 32 jaime ee - cuff Is marriage about exclusive sex or love between two people? Stanley Kubrick mistakenly thinks it's the former in his misguided movie Eyes Wide Shut jaime ee TWO weeks ago, I did something I haven't had reason to do for a long731 words
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STRAWS In The Wind
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Article47 1999-10-01 32 SPOTTED: A sign on a window in an office building that said, "Mosquitoes! Don't open window!" The passer-by who saw it wondered if it meant that if the mosquitoes should not open the window, would other insects or passing lizards be allowed to?47 words
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Article77 1999-10-01 32 LOOKS like over-enthusiasm is causing a few hiccups over at cable TV station, ESPN. Last Sunday night, football fans were regularly reminded of a live telecast of a match between Chelsea and Manchester United "tonight". Which was rather surprising since Man U had already played77 words
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Article64 1999-10-01 32 SPEAKING of over-enthusiasm, has anyone noticed that one stretch of Tanglin Road is already dolled up with "Season's Greetings" Christmas decorations on some of its street lamps? With September just barely over, is it really time to think of Santa Claus? Or are the wheels being set64 words
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MOTORING
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Article, Illustration1401 1999-10-01 33 CHRISTOPHER TAN - Most of the SUVs in Singapore end up conquering curbs and little else. Yet city folks are drawn to the active, rugged image they project Christopher tax checks out three newcomers in the 4x4 stable CHRISTOPHER TAN IF FOUR-BY-FOUR sounds to you like a fancy haircut or oneCHRIS LOH - 1,401 words
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GOLF
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Article, Illustration631 1999-10-01 33 Yeo Guan Kai - By' Yeo Guan Kai Yeo Guan Kai is the chairman Of the Singapore Golf Circuit He is also the country manager for Tricast Pte Ltd. GOLF, or any competitive sport, is no longer just for pleasure. It is big business for631 words
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ENTERTAINMENT
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Article, Illustration371 1999-10-01 34 Parvathi Nayar - Compiled by Parvathi Nayar MUKIO Side By Side This tribute to songwriter Stephen Sondheim features the best songs from his musicals, including all-time favourites like Send in the Clowns and Broadway Baby Oct 5 6, Hall, Raffles Hotel, 1 Beach Road; Tickets at $25/30/35 from Sistic (348-5555). Chymes'371 words
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Article, Illustration571 1999-10-01 34 Parvathi Nayar - CINEMA John Mcfiernan's remake of The Thomas Grown Affair serves np romance as its main course, with the heist caper presented very mnch as a side dish By\ Parvathi Nayar THE BIG stories from Shakespeare to Jane Austen are now being interpreted in Hollywood by571 words
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Article540 1999-10-01 34 Parvathi Nayar - CINEMA Teaching Mrs Tingle is mere scary for its absence or misuse of talent than for the nasty events that nnfold By Parvathi Nayar KEVIN Williamson is undoubtedly a clever writer, responsible for a genuinely creative film genre: the ironic send-up of the horror film that540 words
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EPICURE
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Article, Illustration746 1999-10-01 36 RAHITA ELIAS - That's the feeling one gets at the Compass Rose with its spectacular view, warm service and delightful new menu, rahitabuas ends her meal on a definite high RAHITA ELIAS IT USED to be that the only reason for dining at the Compass Rose was to enjoy its enviable746 words
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Article155 1999-10-01 36 CRAVINGS THREE Thai chefs from Phuket's Thavorn Palm Beach Resort are visiting at Copthorne Orchid Singapore and what a feast they have cooked up. Savour Thai restaurant staples like Red Curry with Roast Duck and Pandan Chicken in all their authentic glory. The Red Curry,155 words
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Article122 1999-10-01 36 Tan Su Yen - Compiled by Tan Su Yen THE 'Taste of Mexico" promotion last weds at Restaurant, Four Seasons Singapore, showed off an abundance of chillis in an assortment of shapes and colours. One offering on the appetiser bullet that impressed with its presence was a huge chilli stuffed with122 words
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Article778 1999-10-01 36 N K Yong - WINE CONNOISSEUR By N K Yong AUSTRIAN wines were once considered the poor cousins of German wines. Few paid much attention to them. Then In 1985 they received the worst possible publicity, when it was revealed that some Austrian wines (a small proportion as it turned778 words
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PEOPLE
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Article, Illustration1308 1999-10-01 37 HARISH MHHTA - The Settha Palace in Vientiane was in such bad shape that it took three weeks to dry out the waterlogged basement Today, thanks to Singapore-based businessman Billy Theodas, it has become a luxury hotel maaam mhhta finds out more about the man1,308 words
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Article, Illustration392 1999-10-01 37 Harish Mehta - Tbe Preach are flocking back to Laos to set op resUnrants and seek oat other business opportunities By Harish Mehta A 26-YEAR-OLD Frenchman has opened a wine shop in Vientiane with a stock of 70,000 bottles, believed to be the largest stock of French wine in the392 words
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PERSONAL FINANCE
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Article, Illustration1309 1999-10-01 38 A look at how to cut your tax expenses before the next assessment comes around THERE are two things which individuals can't avoid in life: death and taxes. While you cannot avoid paying taxes to the government, you can certainly minimise your tax billFILE PHOTO - 1,309 words
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Article302 1999-10-01 38 8ANKS/RNANCE COMPANIES BELOW $3000 W000 «8W $5000-9999 flfffflt 1WW *****0 4 UP DBS (Auto-Save) 1.0000 1.2500 1.2500 1.2500 1.5000 Hong teong Finance (Savers Plus) 1.5000 1.5000 1.5000 1.5000 1.5000 Singapore Finance (Savers Plus) 1.2500 1.2500 1.2500 1.2500 1.2500 HSBC (PowerVantage) 1.0000 1.0000 1.0000 ***** 2.0000 Keppel Tatlee Bank (MoneyMax) 1.1250302 words
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UNIT TRUSTS
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Article, Illustration1300 1999-10-01 39 GENEVIEVE CUA - The spate of unit trust launches six so far this week and more in the pipeline sends a strong, unmistakable message: Fund managers want you, or rather, your cash. So if you're looking for that extra something to diversify your portfolio, you're spoilt for choice, says oemevievecda.FILE PHOTOS - 1,300 words
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531 1999-10-01 39 Patrick Corfe - J WMo basics By\ Patrick Corfe A UNIT trust is a type of "pooled" investment vehicle. What this means is that an investor in effect puts in or "pools" his money with other investors'; the collective amount is then invested to buy a range531 words
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Article410 1999-10-01 39 UMT TOUST/SECTOR (8 MONTHS: 26FEBM-24SEPW) CHANGE BENCHMARK CHANGE Top 10 funds 1 OCBC Savers Korea/Korea EQ 95.12 Korea SE Composite 81.81 2 U08 United Japan 6th iJapan EQ 88.13 Nikkei 225 Stock Average 33.13 3 Five Arrows SEA Special Sits/ Far East Pac Ex Jap410 words
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PERSONAL INVESTMENT
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Article, Illustration731 1999-10-01 40 louis berkerling - -i i comment THE FINER POINT negative sentiment to weighing down on stocks although ftind managers gay the prftgmgl«*'r impi*— louis berkerling YOU could fly a planeload of analysts and commentators through the yawning gap that had opened this week between positive fundamentals731 words
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Article, Illustration682 1999-10-01 40 ANDREA TAN - Healthy track record stands Yongnam in good stead, analysts tell amdrba tan ANDREA TAN Despite a slump in the construction industry, Yongnam Holdings Ltd's initial public offering has found favour with analysts who are calling a subscribe or stag on the share. The construction andFILE PHOTO - 682 words
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Article, Illustration497 1999-10-01 40 Wong Wei Kong - Fond manager sees short-term volatility for equities By' Wong Wei Kong THE remaining months of this year are likely to be unfriendly to equity markets, said Charles Brand, director of international equities at Morley Fund Management. "We are troubled by the very strong tideCHRIS LOH - 497 words
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Article, Illustration999 1999-10-01 41 The unrelenting gains of the Japanese unit may actually prove more beneficial than detrimental to South-east Asia especially in the longer term THE markets are getting uneasy about the relentless rise in the yen, or rather the precipitous fall in the US dollar.999 words
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Article, Illustration870 1999-10-01 41 FOR Singapore corporations, the direct and indirect effects of a stronger yen versus the Sing dollar are largely positive. Higher purchasing power due to a stronger yen should translate to higher demand for Singapore exports of goods and services to Japan. In addition, higher Japanese FDIFILE PHOTO - 870 words
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1192 1999-10-01 41 P«pc«>—ounl 1-wft i-wft OqwW n>oun< 1-mtt Um i-m&i DBS Bank HSBC A$ S10.000 A24.999 4 2500 4.5600 4 5700 25,000 74,999 3 7500 3 8750 4 3750 A25.000 A49.999 4.2700 4 5800 4 5000 75,000- 149.999 3 8750 41,192 words
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Page 31 Advertisements
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Advertisement50 1999-10-01 31 Motoring Sport-utility vehicles: rugged, fun-loving and adventurous. A look at three new offerings in this segment on EL 3 Cinema The Thomas Crown Affair: an intelligent no-brainer. EL 4 Ifc 'f_i i* k jyf People Billy Theodas: turning a rundown colonial property in Laos into a luxury hotel EL 750 words
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Page 32 Advertisements
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Advertisement27 1999-10-01 32 m I M'a'l (m Iwm? I rial it in jPCs, Cats' Mews I CiH 1 jut ClmlM tH. »m>ii<, J CATA Buy h. S«l h. Find It.27 words
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Advertisement64 1999-10-01 32 CAST YOUR VOTE: Go to the BT Online website (businesstimes.asial.com.sg) and take part in the interactive poll based on this column. RESULTS OF LAST WEEK'S POLL: What do you want to read more of in the new Business Times? Views/Opinions—20.8 per cent. Financial information —20.8 per cent. Lifestyle stories—lB.sper cent.64 words
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Page 32 Miscellaneous
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Miscellaneous129 1999-10-01 32 CttVPTIC CROSSWORD 25 Judgment in drawing the line (6) 6 Become responsible for giv- YESTERDAY'S SOLUTION 26 Score yet to be reached by ing home to dog (5) this youth? (8) 7Be unwanted and get very I»)w|LMßTMe>bj>. DOWN angry (2,5) IMIBI BeBlMABpflS 1 Elector beggar may not 14 Unspeakable beef129 words
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Page 34 Advertisements
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Advertisement421 1999-10-01 34 Where to wine, dine and (jjaa Mi m Every Saturday and Sunday pamper yourself from as early a* 12JX)|n to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Caflg Victoria. CALL- 330 3585 OR 330 3590 FOR RESERVATIONS 952! 76 Bras Basah Ro«d, Singapore421 words
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Advertisement101 1999-10-01 34 yCHMSE SI X Reservations: 6262/6 KSTAUIANT m a 111 I K9 333 Orchard Road. Snnn *****7. 737 4411 f*x/32 2361 C«fe QrosfrcmAs C*£e H3ow23of^ Tft* Singapore Morriott Hotel it famous for its fin* International cuisine Now you can anjoy a leisurely Sunday Brunch with dishas such as ChilUd lobstf. Sushi.101 words
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Page 35 Miscellaneous
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Miscellaneous2571 1999-10-01 35 TODAY'S TV fiiMKM* RECOMMENDED YXBWIMG BBBHHBBBBHWIBBHi BJIO Body Atlas. Aaurioaa Pis Grossed out comedy of US schoolkids who de- 3.00 AM Children's Day J-JJ Moonthjam HraL cide they must lose their virginity before graduating. R(A) Talesof Rice, and directed in 1994 Sp«,al: The Treasure KuwiSw Cathay, Orchard. Yangtze. Golden. thonnHoaH2,571 words
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Page 36 Advertisements
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Advertisement80 1999-10-01 36 KNOWLEDGE IS POWER Own I Ik' worlds l.i i ;vsi .11.1 lojn k ol sjhl i .11 1 n uivsi inks, Irom liisioi Nuciiu' <\ u\ 1111 (>l(>«w n.nniv, h *****.1 n .ulwiilll iv lo world oilinivs, broni;lii 10 \on In l lie Inicill.it 1 <»11.111 .k l l.i 1180 words
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Advertisement114 1999-10-01 36 r Busy Executive Lunch: pJizz Sunday Brunch: Chicken Schnitzel, Port Knuckles, Nuremberg Sausages. Hungarian Goulash. Apple Strode! and more. Garlic Brarwunt. free-flow beer and even more. Singapore's days of belt-tightening are over. ®g With prices like $14.50+++ for weekday lunch and $38+++ for Sunday brunch (including free-flow beer and live114 words
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Page 38 Advertisements
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Page 40 Advertisements
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Advertisement12 1999-10-01 40 the paper that made >v. 1 ,f K ;.-.v>. r 3 .-i.;*12 words
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EXECUTIVE money
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Article, Illustration950 1999-10-01 42 WONG WEI KONG - Unit trusts are back with a vengeance, but is it wise to flood the market with funds now? Fund managers talk to wohg vs koko about their new offers and marketing strategies WONG WEI KONG THE Great Singapore Sale may be over in the departmentFILE PHOTOS - 950 words
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Page 42 Advertisements
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Advertisement9 1999-10-01 42 The Finer Point The illogical selldown of regional stocks9 words
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Advertisement17 1999-10-01 42 Investment The rise and rise of the yen and its impact on S'pore HKCHaB| corporations EM II17 words
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SHIPPING TIMES
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Article159 1999-10-01 43 Bridge News, Reuters SOME stiff rate increases for Atlantic capers were seen for business to China and for trans-Atlantic coal, brokers said. Panamax rates were still drifting from the US Gulf due to lack of orders, but levels in the Far East for these vessels remained firmer, theyBridge News,; Reuters - 159 words
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Article98 1999-10-01 43 Si^PST ss a pi=is ss U2« uncft m jUwmijBii.—tar OM m K4M*l*fc. 1T0 OOI 223 MmMm-—li! 004 KME* om an n N0C-. 2*4 -002 1774 OgwIHA- 0.S2 0.02 W7 P*mcc«n«r* 0.M 04)1 ftnUMMCW* 034 OOI T7 &Xtt£=£?o ojo a «>HWM>C*I>-HK —0-40 anc* 0 t—iinwiln OH MM* 444 jssdl98 words
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Article, Illustration375 1999-10-01 43 Ann Toh - It will manage and operate USs23Bm Sines terminal for 30 years By< Ann Toh [SINGAPORE] PSA Corp has obtained the Portuguese government's final go-ahead to develop, manage and operate its second greenfleld container terminal project, the Sines Container Terminal, at a total375 words
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250 1999-10-01 43 Reuters [RIGA] Latvian Shipping, the world's 19th largest ship operator in tonnage terms, has embarked upon a much needed renewal of its ageing fleet by placing an order for six new tankers, the company's president said. Andris Klavlnsh said in an interview that the firmReuters - 250 words
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297 1999-10-01 43 Marcus Hand - By] Marcus Hand [SINGAPORE] The Thai tanker Siam Xanxai found in Southern China after it was hijacked off Malaysia in June is to be returned to its owners by the Chinese authorities. The Chinese authorities have agreed to return the ship to297 words
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620 1999-10-01 43 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar Tl HE English Admiralty Court pas recently held that food, drink, stationery and other consumables supplied for the use or consumption by passengers on a vessel are goods or materials supplied for a vessel's620 words
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FOCUS fuel bill
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Article, Illustration752 1999-10-01 44 Raj Rajendren - Shipping sector is better able to absorb spiralling fuel prices as the regional economic recovery filters through By] Raj Rajendren Reuters [SINGAPOREI Shipowners, hit by spiralling fuel prices, are counting on improving freight rates for a smoother ride, Singapore-based industry sources and analysts have said.Reuters; FILE PHOTO - 752 words
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Article293 1999-10-01 44 PACE EngLec 13 ANl 3 ESPUnw 13 Accord 8 Emgreen 6 AhrenkW 14 F ««*Sun 8 App«««hjp 5 FroU U Ash OCL 13 Frt Links v< Austral 8 4 Avant M G Link B'tang Mas 8 BSA 7 13 BTl 14 OoryNa* 14 BiiaiiShpg 5 H iSunHu293 words
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Article19756 1999-10-01 51 THEBUSINESSTIMES EXPORT ETA ETA Advartisw Vassal Voyaga Talaphona ETA ETA Advartisw VtssK Voy *9* Talaeftona SIN Dast'n Nam* Nama Numbw Numbw SIN Dnt'n Nun* Nam* Number Number 19/10 20/n NYK IRIS 005N 65 *****23 (ABJ) 2003 Cot# D'lvoire t a RIJFMOC Aiorc /ft! ir\ ?OAn k rnantln i19,756 words
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SHIPS IN PORT
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Article629 1999-10-01 57 VoyHo BftH Arrival Ptpyta 41 eeel J* 30/09/6:35 OVWKM M Sridaqang ***** J01 30/09/8:35 30/W/1M Bt B8 2795 *99 J01 30/09/8:25 30/09/W-C °*»1 *****9 J02 30/09/8:10 30/09/201 Bt JaMrahJ ***** *1 30/09/7:50 30/09/23:! M09 2609 J12 30/09/7:55 01/10/830 S"*'" 2 2 J02 30/09/8:50 30/09/231 *U* 3 199 JTI629 words
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Article1870 1999-10-01 57 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Boofclng/Manco Rstli Ship Voy Mo Etfc/Btr Nrtod Frow To Fro* ACI OAKY 029* 1/7*0 W/HM J*"* JMWO u arm wo*s» 30/0*0 a a/1700 30/0*51 30/090C 1 10/0700 30/181 30/1400 4 wboo mm 30/1700 AJ121 a SN 30/23:51 2JW> ?jgW a1,870 words
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Article387 1999-10-01 57 C«tM NO Mu 990.6 U *7 0.08 74 0.05 *«»23 OtwHy Motor NhMw Art Umt+m Si—it No*owE25 0 1 0 0 0 0 %H/H MO Aw 967.0 0.4 OJ 0.06 32 0.02 (dm »0 Max 993.4 0J 15.7 0.11 78 0.06 mt —W W» Wow 635387 words
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Article190 1999-10-01 57 Oat 1 China: National Day. Hong Kong: National Day. Oct 2 China: National Day Holiday. Hong Kong: National Day. OotlO Taiwan: Double Tenth National Day. Oat 11 Canada: Thanksgiving Day. Japan: Sports Day Holiday. United States: Columbus Day. Ootia Mexico: Columbus Day (optional). Spain: National Day. Oat 18190 words
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Article763 1999-10-01 57 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual763 words
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AIR & LAND transport
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651 1999-10-01 58 They are still straggling to re-capture market share as Asia's economy rebounds after two years Reuters [SINGAPORE] Asian airlines will bear the brunt of higher ftiel costs for the short term and not pass it on as higher airfares despite better load demand,Reuters - 651 words
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166 1999-10-01 58 Reuters [BRUSSELS] Passenger traffic at the major European airlines rose a collective 5.6 per cent in August on a year ago, though the increase was well below growth for the first seven months, the Association of European Airlines (AEA) said. The most obvious slowdown wasReuters - 166 words
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Article, Illustration524 1999-10-01 58 Ectrada stands firm on demand that Taipei carriers meet flight condition* AFP [MANILA] The Philippines and Taiwan on Wednesday braced for a cut-off of air traffic between them as Philippine President Joseph Estrada stood firm on a demand for Taipei carriersAFP; FILE PHOTO - 524 words
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Article, Illustration46 1999-10-01 58 [CHONBURI, Thailand] A Thai Airways 747-400 sports a new paint job at an airport in Chonburi as pari of the country's 'Amazing Thailand' tourism promotion. The design depicts the Supphannahong royal barge which was used to transport Thai monarchs in ancient times. REUTERSREUTERS - 46 words
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263 1999-10-01 58 AFP [NEW DELHI] India's largest aircraft manufacturer is in talks with European consortium Airbus Industrie to set up a joint venture to design and build 20-tonne cargo planes, officials said. "We will be supplying the freight carrier to all partsAFP - 263 words
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352 1999-10-01 58 Reuters [WASHINGTON] Doubts surround air travel safety in about 30 countries in the absence of Year 2000 readiness information, and the United States should consider steps to press the issue, a senior US official said yesterday. Significant uncertainties still exist regarding foreignReuters - 352 words
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Article87 1999-10-01 58 AFP [WASHINGTON] The US Federal Aviation Administration (FAA) has banned personal video screens on all US-registered MD-11 airplanes, after reviewing the crash of a Swissair jet in 1996 off the eastern coast of Canada. Known as the In-Flight Entertainment Network System/IFENS, the video screens haveAFP - 87 words
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Article1572 1999-10-01 58 an FU6HT tTA HJ6HT CTP LH7M 80S S0326 1000 MM AN8230 1850 «4566 >605 IM7I7 2350 UMM no S***** IMS N24SI7 2350 $0230 1050 S0200I 2350 AmttrtfM $023 0705 I0J44 0040 I "Sg 38 so327 0745 HH 2300 6A973 0M5 SO321 2325 W*" 1645 S0990 01051,572 words
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Page 43 Advertisements
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Advertisement208 1999-10-01 43 Rising a;" fuel Impact on COStS iSi'JST A/im u ecu t,Nt «»••> ssj «ss sc,"*"" i&a sssa. IS Is*" 5 t,E s |3SS? 2S!? SSSfe HJyjJ LeHarve 2xWbekty Melbourne T i Wnftlji Penang Ixwfff 2 Sj| to Toronto Gen° ,TTERANEAN 1 x Weekly sSya 2xwSfe aU SOUTM a F r,ca208 words
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Page 44 Advertisements
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Advertisement893 1999-10-01 44 1 NORTH AMERICA "1 EXPORT I I OTHER DESTINATIONS 1 yot ma. "nmi lowkh bhias nomstow "oocAao km ucpott ma IST I aSTTiS!jft w\\ Sft 2ft Sft Sft 2ft un\ S "H v/ w i</n ooqcaukma men m/m m/io os/ii n/u m/ii m/ii n/ii m/ii EH ,v Wi "V" W"893 words
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Advertisement76 1999-10-01 44 4± SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE (**uaq JAPAN PORTS lgVMnr Tw mxi VOT tTPSW tBTYO raiot n*TOK ITAMCn mMi MEDTAKHUM6 V ***** 07 OCT )l OCT 1 12OT |W0 NED. K0W100N" W7EA37 05 OCT ifOG76 words
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Advertisement513 1999-10-01 44 RICKMERS UNIE Regular Break-Bulk/ Project Service Turn To Pg. 13 Evary Mon/Wed/Fri Fi»d-Pqy n+i.dU. to JWj TWN, HKG, MjAccagfa* FO» to CmAitu/Okm/Smia/Maj/ttaflh nAtom/5 WM oui*x*m Ivonrlwal jcrlwui Imw»| tm. Ikmm lot* Ino bc« trai haatwialiii" **>—« 11* I I 'H* IIH '0| I lll 'l Jilt lilt lew 17.W *g513 words
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Advertisement126 1999-10-01 44 L,n#s 4 swviCM represented by Members of the Registry o« /ffiHVk Memberscrflhe \MbV// AocTKMad Shipping Aganto, UfILJ Singapore Freight Forwarders National ShlppjngAaeoc. Aaaocialion. NORTH WEST EXPRESS UNE ACCEPTNG CONTAINERS, 6REAKBUUC PROJECT CARGO T0... DAMPMR/niHUUffli (MONTHLY SERVICE) MV "ARKTIS GRACE 77 V.9902 ETA SIN 02/10/99 BOOKINGS CALL MOMCA/JUUA TEL 323 4374126 words
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Advertisement977 1999-10-01 45 TO EUROPE FROM EUROPE vssa vorlaw mm nam m sou m iaT||vßsa vorlnMAMNAMMrvsoiiFnifM mi Mosa 520W oi/io i7/io w/io a/io 24/10 mcrrm oix 00/oo 11/09 14/0* 00/oo 02/10 noiagaji oisw o«/io 11/10 23/10 20/1020/10 not nun 01s 12/00 u/00 17/00 10/00 00/io HVANMAt M2W 07/10 30/10 27/10 20/10 25/10 HYIMON977 words
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Advertisement2035 1999-10-01 45 I HANJIN SHIPPING iICFI I ifcMpli. -Sri. *****31 I ■—MWWWIIi H» KKHW6 *****3 V 737 SAUS *****74 731 DOQOBII *****71 774 OfHUTKWrS *****»751 MAW UK *****55 M mWMdtt II to nw usa a Canada usa T rnnnnirr l-yiTvoi I™ I "SiHiiTvoT |«|im|oa.|Pß,|o.|«r|m| W T|«i| Ht w m m m wIZTL**2,035 words
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Advertisement1205 1999-10-01 46 DSR-SENATOR LINES TO UK/CONTINENT TOMEPfIEBBANBANCIANADA WW Ml La HTM MM HUM IV FU KHR VDT *5"" BT IWI HM IM I Mil" HMUM VALENCIA MM tl.ll It M 18.M 28.W 2211 23 U M.M WMMN6TON SBUTOn MOW (1 II 1( 11 21.1( 22 II 24 If 31 18 NMUMQMJM SSMW1,205 words
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Advertisement846 1999-10-01 46 KoSitSllfii MVS/V2IJ 12SZ2SZ22* •«fcfOM)mt7» MAMLA:(832)*****34 ?S!?i££2X2L. ■AHGKOK:|M)»B«BS7 SURABAYA (31) sasszii m***rr JOCT (11)890*346 KUCHHQ(082)*****1-3 DIRECT CONSOI T<h- NEW YORK VALPARAISO ft MANZANILLO "JiNG po he" v.ooi9w CALL: XIUHUA/CALLY CTA S,N: 06-10-99 JAKARTA HmLA MV "SINAR BATAM" V.014 MV "UNI SHINE" V.*****N ETA SIN: 06-10-99 SIN: 04-10-99 VANCOUVER Bt NEW DELHI846 words
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Advertisement551 1999-10-01 46 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO MM* STORE M SHEVA COLOMO P.UM CAPE CANAVERAL V 112W M OCT 12 OCT 11 OCT 24 OCT TULSBASVIII 12 OCT 21 OCT 25 OCT MOCT TARPON SILVER V.IMW II OCT MOCT K MOV 17 MOV CAPE CANAVERAL VII3W 25 OCT C MOV M NOV551 words
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Advertisement1498 1999-10-01 47 VEBBEL ¥2* KHH HKQ SIM PKQ ~PQB DXB PMM ~BA BIK JJ**""| 1 2 20/09 01/10 08/10 00/10 15/10 16/10 17/10 19/10 21/10 M TABATABAEI PCL-5123 06/10 08/10 12/10 13/10 22/10 23/10 24/10 26/10 28/10 MANSATTAM PCL-5124 13/10 18/10 19/10 20/10 29/10 30/10 31/10 02/11 04/11 IRAN BAAKERI PCL-5125 20/101,498 words
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Advertisement898 1999-10-01 47 BjjßlllM »{*—H (Vto Nfcdl J oSoi^iTTwsMrTwoirMng"^^ SXiwKHii m£nemu« JS2&EL !2""£! —»«»«w»/»i COSTU A6ENCIES (M) SM MB D€Ff *****25 TEL 02-07-35 Ml 44 FAX- 0?-07-15m70 ISHT/ootw OT/.0 So Sio /wr ~w~ MKkns.ua cmx/nun YUN Hf 003Sf 03/10 07/10 n#/in ii/ia Of/10 VDH(A)I44V 21/W lf/W 74/09 01/10 rowwJ fi/ o m/o i/S898 words
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Advertisement1073 1999-10-01 47 txxxrr moor 1 -as ma ijb. im i.wl lhlqij HMMIWOirTWffr 12/18IW/14 111/ IB 1 81/11 *****1 IMIAI 11 fti/11 luillUM tITTT |it— w'mm iiTM wOS Sfrim I HJMAUI OSSW 14/18 mWi 'ai/ii m/ii !ai/ii la/iil ii/iily{tsffSerra—hS«—t HvS IfvS i ilg? I WSI Iwrlf 1 ■jKyufuni 1 XlLi. lU'/illn'/n 1 ".'i..1,073 words
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Advertisement1092 1999-10-01 48 EUWOPSAfK/SCAIIOmA¥WFWLAIUMMISSIA I SGP ROM ANW HK INP ZS LHV LHV TUP ROM MM HK PKL SGP I I I J* 1 21/11 27/11 23/11 25/11 >*« 27/11 E «WARDRE-536 OWN 11/tS 18MB 12M8 14MS 83/18 S4/18 I S.A?«2n 2£ii. JK! 22! 16/11 12/11 E. REFINE RE-822 IIM 1W 17MS IMB1,092 words
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