The Business Times, 20 October 1999
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1999-10-20
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The Business Times
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Title Section16 1999-10-20 1 THE BUSINESS TIMES MTTA (P) 046/12/08 i SINGAPORE r- Internet: hap://business-times.asial .com.sg/ WEDNESDAY, OCTOBER 20, 199916 words
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Article49 1999-10-20 1 D MU (-103*) niMB M MM* (-0.40) CIaMHWHS STOCK MAJUET INDICES Tuesday Change KLSSCOMP mn *21.99 MHKH 17&U7 -11.16 HAKGSENG SET INDEX X8.&8 „.,..-4.29 M&AETA >*43 MAWUCO*P —UNuBl 4M «tio SEOUL COW 811.44 -14.81 CISA CHINA B 7J3J8 36J!4 A08TALL08D 178&« _-8J Noon EOT CfeMfe WW t«L»7*_+n«J749 words
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Article72 1999-10-20 1 'jrVKEX KATHi *tgpw 0S9 81 UW JJ74 ffiflJSS/Wperf)— IJ7I 1717 i EUWdBMIptf E) Ijsn lilt m UN 1927 YBI 116.4 1J«* IB MOO 1.449 I HKS 7.789 U» BAirr MJ7 tM v;|0Ml •Bmmmrn 'armmmrn SINGAPORE* hM BIAU LUMPUR iAKAHA BANGKOK .....lO.OO {MANILA II.tO BON9HONO 8.28 TMP3. 8.07 SYDNEY 7K72 words
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853 1999-10-20 1 Eddie Toh - UEMtogjosoloon offer for frozen Malaysian shares worth RMl3b From Eddie Toh in Kuala Lumpur IN a surprise move, Telekom Malaysia has abandoned United Engineers Malaysia in their joint bid for the frozen Clob shares worth over 13 billion Malaysian ringgit (555.7853 words
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Article, Illustration1154 1999-10-20 1 Yang Razali Kassim - Habibie candidacy uncertain in today's crucial presidential vote From' Yang Razali Kassim in Jakarta INDONESIA today goes into a crucial presidential election to choose the country's fourth president since 1945 after an unusual vote earlier this morning saw the incumbent leader, Dr1,154 words
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Article, Illustration656 1999-10-20 1 Ven Sreenivasan - Derailing of merger plan sends price crashing market cap dives $117.5 m By' Ven Sreenivasan [SINGAPORE] Tibs Holdings shares plunged by almost 40 per cent yesterday, wiping out some $117.5 million off its market capitalisation, following Monday's shocking announcement that its planned merger with Singapore656 words
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Advertisement81 1999-10-20 1 WBZDE BT Special Donl miss our bumper 30-page Free with today's BT. 'Jl'v «Svl Top stories Four S'pore-Hsted companies on Forbes' list. Pg 7 Built-in, built-up: Court of Appeal upholds High Court decision. Pg 8 Alternative to employee stock option j j*' r%- Amex plugs 51-day free credit loophole. '081 words
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Advertisement16 1999-10-20 1 Ons Dor seeks presidency, Next Page Megawati's ohanof, Pg 3 On* Dor is enemy, Pg 1416 words
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Advertisement89 1999-10-20 1 f I f£m fml V mV I i Ti I *3 M^L V yj[ %J v The movement \^Br tradi Wp y £3ffBEMH9HBM^H Bt\.^—L II L— Jr SINGAPORE: Chopard Boutique, 435 Orchard Road no. 02-36, Wisma 65/737 64 51, Fax 65/235 82 00. Dickson shops: The Promenade, Centrepoint, Suntec City89 words
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NEXT page
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ON THE grapevine
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Article111 1999-10-20 2 MALAYSIA'S Education Minister Najib Tun Razak was in a teasing mood at the World Economic Forum yesterday. Responding to a question, he said that Malaysia would like to clamp down on pornography and violence on the Internet as well as "a certain Web site in Singapore".111 words
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Article170 1999-10-20 2 THE organisers of a conference on "Strategies for Managing HR in the Knowledge-based Economy" yesterday gave a twist to all the talk about the need for talents in the KBE that's short for knowledge-based economy if you haven't already caught on. The conference opened with170 words
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Article107 1999-10-20 2 SPECTATORS at Malaysia's first ever Formula One Grand Prix that ended on Sunday have been waxing lyrical about the event ever since they returned home. Most were guests of corporate sponsors. One HSBC guest who was at the paddock gushed at how there was107 words
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Article83 1999-10-20 2 IT seems that while all US funds have systems to trigger the relevant disclosure level alerts on their beddings of US and European stocks, not all have systems that do likewise fur their Asian stocks. "If s just that they have not written Asian83 words
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Article, Illustration838 1999-10-20 2 Yang Razali Kassim - Move could pit Golkar chief against Wiranto if other factions choose armed forces chief as VP From Yang Razali Kassim in Jakarta MUSLIM leader Abdurrahman Wahid's confirmation of his candidacy for today's presidential election has dashed any hopes of aFILE PHOTO - 838 words
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Article, Illustration484 1999-10-20 2 Catherine Ong - •Seal economy yet to {Recover, says World Sank senior TP Catherine Ong A senior florid Bank official warned yesterday that it was too eariy to declare the Asian crisis «*ver as the "real economy" in troubled East Asian coun,4Hes has yet toAZIZ HUSSIN/ST - 484 words
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Advertisement7 1999-10-20 2 World Eoooomic Forum: More reports, Pg 37 words
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WORLD economic forum
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Article, Illustration484 1999-10-20 3 Vikram Khanna - More attention has to be given to rates of return than to market share now By Vikram Khanna THE advent of globalisation has meant that Asian countries, like it or not, must play by new rules of the game established mainly byREUTERS - 484 words
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Article, Illustration496 1999-10-20 3 Vikram Khanna - Wir&nto move 'greatly diminished' Habibie's chances By Vikram Khanna THE chances of Megawati Sukarnoputri becoming president of Indonesia and leading a coalition government look increasingly likely, a prominent analyst of Indonesian affairs said yesterday. Speaking at a session on the prospects for Indonesia at the496 words
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FORUM Briefs
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116 1999-10-20 3 A STRONG contender for self-made entrepreneur of this year's East Asia Economic Summit is Steve Chang, chairman and CEO of Trend Micro, a Taiwanese IT company that specialises in detecting viruses on the Internet Mr Chang's company, which he and his wife116 words
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Article84 1999-10-20 3 Reuters ASIA needs new banks if it wants true financial sector reform as current restructuring efforts are only cosmetic, credit rating agency Thomson Bank Watch said yesterday. "The sad thing is that the bad guys, guys who have made all the mistakes, are still theReuters - 84 words
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Article60 1999-10-20 3 Reuters WORLD Bank senior vice-president Joseph Stiglitz yesterday welcomed Indonesia's move to make the much-awaited Bank Bali report available to Parliament. "We are an in favour of this process of greater transparency and hopefully it is part of a general movement of greater openness, whichReuters - 60 words
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Advertisement35 1999-10-20 3 S v ik' Ss os. 4 $m 'HP w v tf < be late (0 CON CO HI) Time is a luxury. CCNv OR© m CO e >**""• A 4 r f y Concert 5c rv?te C«» •<■*35 words
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SINGAPORE companies
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334 1999-10-20 4 SCRAFFWO or hbs-smrt merger Conpany could be wjrth $1.75b based on earnings multiples otsQ times analysts Reuters privatisation of govern-mM-owned Singapore Mass Rs&d Transit (SMRT) Ltd is '"■fy to take place next year, financial adviser DBS Bank sa ffahesh P Rupawalla, viofrferesidentReuters - 334 words
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Article690 1999-10-20 4 christopher tan - li lock siew christopher tan THE plan was brilliantly simple. Award a new rail line to one bus company; then facilitate the other to hook up with the existing train operator. Both parties will become "multi-modal" overnight and the bus operators need not worry about690 words
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Article, Illustration285 1999-10-20 4 Conrad Raj - Tsang Ong becomes Millennium Securities Hong Leong owns 90%, after buying out some investors By < Conrad Raj INJECTED with fresh capital and with its management and ownership structure enhanced, Tsang Ong Stockbrokers is now Millennium Securities Pte Ltd. The firm is now 90 per cent owned by the HongARTHUR LEE - 285 words
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320 1999-10-20 4 97WestmentBank branches tt be renamed UOB Philippines AFP [MANILA] United Overseas Bank of Singapore yesterday signed an agreement to acquire 60 per cent of the Philippines' Westmont Bank for three billion pesos (Ssl24 million) as part of its expansion plansAFP - 320 words
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274 1999-10-20 4 Wong Wei Kong - By' Wong Wei Kong HIT by a global industry slowdown, semiconductor testing services provider Sunright Ltd saw its net profit slide 71 per cent to $2.11 million for the financial year ended July. Turnover fell 30 per cent to $125 million while earnings274 words
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Advertisement258 1999-10-20 4 COLLECTIVE SALE BY TENDER MANDALAY COURT near no vena mrt a —p. i Site area 48,582 sq ft Jy Plot ratio 2.8, 30-storey t Quiet environment in District 11 rp —a v\ VA Sale subject to STB's approval 2 V\^^ UM b0 s I "ssrj Tender Closing: g Fit 19258 words
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Advertisement269 1999-10-20 4 H ABN AMRO NEWAPPOMTMEMtS ABN AMRO has appointed Christopher Lebeme as its new Head of Regional Legal. He wNi aiso take up a newly created position as Regional Derivatives Counsel. Mr. Lebeme was formerly Head of Legal in ABN AMRO Bank Australia. He has worked for ABN AMRO for nearly269 words
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Advertisement617 1999-10-20 5 ->"i fi i iii'« < >mr iwyuMi. ..A M E'Rl'^A^^'gE^fgßtiE J -.*i .V y iK -^^vp^CQSa \t'. *•*.♦*.v»js.. -Ais.■?>•-;»., ->-*nw fry/fa. \*L\ TSwß?* 'ktt&.W ■>y>.yyS*u« //.->», t— .'A v' -«us?*- .i. •»*v-v-ti** a«:«- ./>" u/v i .< Wfa.'t>PW, M ,*Jtt'.v',• VBf > V>STJ t•■..-■ v. -v *>« %;v*^Tk v >*>c.:617 words
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SINGAPORE markets
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Article, Illustration552 1999-10-20 6 r. sivanithy - STOCKS r.sivanithy WALL Street's rise helped restore some calm here after Monday's sell-off, but investors were clearly reluctant to take on too much yesterday, ahead of the release of key economic numbers both here and in the US. All eyes were on bus552 words
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Article, Illustration195 1999-10-20 6 R Sivanithy - WARRANT WATCH -By R Sivanithy ONE of the newer covered warrants to find its way into the local market is Credit Lyonnais' call on Singapore Telecom. Like a few that preceded it, it is perhaps a victim of unfortunate timing, being launched when Wall Street195 words
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Article, Illustration247 1999-10-20 6 Wong Wei Kong - HOT STOCK By Wong Wei Kong WHILE Tibs shares skidded on news that Tibs and unlisted Singapore Mass Rapid Transit have called off their merger talks, Delgro shares climbed yesterday as investors switched attention to other transport plays. Delgro shares rose 15 cents or247 words
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Article142 1999-10-20 6 ♦Bam. World Economic Forum East Asia Economic Summit ♦flam. Launch of Construction 21 ♦flam. Honeywell to announce expansion plans In Singapore. Company to bt conferred BHQ status ♦Noon. TDB releases September trade figures ♦2pm. Auction sale of restored conservation shophouses at Tan- Jong Pagar Road and Neil142 words
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Article429 1999-10-20 6 jock* Votuma TteSWWO 14,837,000 TBSH50C500 13.04a.500 lOaning In* 9,325,000 fcoldw AqH USIOo 7,081.000 < laia Food&Prop US$ 8,642,000 CM Tatecom HK75C 6,257,000 MS Land 5,481,000 I MMtUSSe 5,181,000 4,814,000 l KS WUd 20c 4,800,000 EsSp 57,648,800 te8C» *****,400 TOSH50C500 26,436,225 «H— 22.123^06 ffotfCop 21,202,966 KBFQMtan 19,029.420 fLO«v50c 17.748.tfB4 ii5 Land429 words
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Advertisement188 1999-10-20 6 K y w>'i**M^"'M'»'< *M^>«s^»M»i^>»wMww«ssS!sSssSiißl^^H With Money Cast, our investors always stay in the thick of the action without leaving home. How can that be? Simply because they're backed by the fastest tools to help them win. Real-time jm quotes, portfolio alerts, dynamic live charts. Just to name a few of188 words
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Advertisement38 1999-10-20 6 Short of cash to invest 7 Triple vcur cash th out* r at 323-3955 881 >1 ft BANK Larry Wee's currencies oohimn is on page 32 I It M I IWUMIIWJ j i ''gV- Wb >■-?- s-. Theßu Ttmfs38 words
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SINGAPORE companies
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541 1999-10-20 7 Jennifer Lien - listings Move may lead other listing aspirants to shelve plans By, Jennifer Lien MAINBOARD aspirant Grande Electronics Holdings has postponed its initial public offering (IPO) due to the current soft market sentiment, the company said yesterday. Grande's move may lead to other IPO541 words
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Article161 1999-10-20 7 POWER company Asiapower Investments is headed for a mainboard listing. Yesterday, the company announced that the Stock Exchange of Singapore has given it in-principle approval. Asiapower is using its initial public offering (IPO) to raise funds for expansion. The company said its key business strategy is161 words
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375 1999-10-20 7 IRE Corporation yesterday launched the sale of 32.2 million shares at 23 cents each in its initial public offer which will raise money to fund its further expansion in Hongkong and China. The Sesdaq-aspirant will offer 6.44 million shares to375 words
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518 1999-10-20 7 Soh Tiang Keng - US magazine ranks them among world's 300 best small companies By\ Soh Tiang Keng FOUR companies listed in Singapore are among the world's 300 Best Small Companies selected by Forbes Global, the US business magazine They are Avimo, Datacraft Asia, Venture Manufacturing518 words
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Article, Illustration276 1999-10-20 7 Teh Hooi Ling - Parent transferring 49% stake to Cosco (HK) Teh Hooi Ling COSCO (Hongkong) Group will take a 49 per cent stake in Cosco Holdings (Singapore) Pte Ltd, the parent of Singa-pore-listed Cosco Investment, in a move that will give the Hongkong group a more direct276 words
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Advertisement337 1999-10-20 7 ti I V> Zi i >' I r I .4* J «ir ">! i *?1 ai i 1 > 9 9 f I I I By powering the Net, we're bringing newborn J > companies into the world every day. As you may have noticed, their stock prices are kicking337 words
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SINGAPORE news
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379 1999-10-20 8 Corinne Kerk - Term includes areas beyond those covered by four walls and nnder a roof By(i Corinne Kerk THJS Court of Appeal yesterday upheld a High Court decision that the term "built-in area" as found in a developbrochure, included areas beyond those379 words
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Article462 1999-10-20 8 te Employee retirement benefit fond that works like a unit trust AS a broader alternative to employee stock option schemes (ESOP), employers coold set up unit trusts of sorts for their staff and invest thefunds in blue-chip stocks or similar instruments, NTUC Income chief Tan462 words
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255 1999-10-20 8 TIKE government will be setup a task force to speed uMhe provision of facilities iniew housing estates, said Muster for National Develojfient Mah Bow Tan yesterf£ln any new town, there is aljpßys a lot of initial teething paribiems and complaints alBQt255 words
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Article, Illustration431 1999-10-20 8 Marissa Chew - By\ Marissa Chew TAKING what is by now a well-worn trail, owners at another four developments have put up their properties for sale. The owners at Nathan Court have teamed up with the owner of a neighbouring bungalow to sell their combined sites for431 words
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Article, Illustration294 1999-10-20 9 Marissa Chew - R =i on the economy retail sales -By] Marissa Chew AFTER a month of moderate growth in July, the volume of retail sales returned to a 22 per cent year-on-year surge in August. The strong growth in August echoed the equally robust riseSource: Dept of Statistics - 294 words
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Article, Illustration593 1999-10-20 9 Siow Li Sen - l-ll exclusive C&rdmembers who roll over balances have been enjoying true grace' period Ry\ Siow Li Sen AMERICAN Express Cards is moving to plug a free credit period of as many as 51 days that those who roll over their balances have beenFILE PHOTO - 593 words
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381 1999-10-20 9 Curtis J Montgomery Singapore via Internet - MAfT-PAfl Curtis J Montgomery Singapore via Internet IT is hard to understand the benefit to shareholders of the type of share consolidation schemes employed first by Singapore Press Holdings (SPH) and now by Dairy Farm International (DFI). As an unfortunate shareholder of381 words
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296 1999-10-20 9 Harish Mehta - From Harish Mehta in Bangkok THE Government of Sing» pore Investment Corporation, the biggest shareholder in Thai Farmers Bank (TFB), has reduced its stake in ttsT Thai bank by half, in a moye. analysts said was aimed W® raising cash to subscribe296 words
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Advertisement118 1999-10-20 8 IHaveYou Seen Our Grand Ballroom? 5f The new Ballroom at The Pan Singapore M only be described in one word Magnifiquc! Now open, the Pacific Ballroom ensures magnificent style and comfort in irr any setup for up to 750 seated or 1200 standing guests. ;l Whatever the occasion, the Pacific118 words
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Advertisement315 1999-10-20 8 nonoD OP /BUSINESS ADMINISTRATION /tl DBA Awarded by University of Southern Queensland (USQ) Specialisation in: B 'Marketing •ProjectManagement*Human Resource General Management Information Systems USQ students enjoy excellent graduate placement (ratio 5 out of 5) as reflected in the 'Good Universities Guide to Australian Universities' USQ is accorded 5-Star (Best Ranking)315 words
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Advertisement144 1999-10-20 9 E-mail: btletter@sph.com.sg You can email us at btletterQsph.com.sg, fax to us at *****71, or mall your totter to The Business Times, Times House, 390Kim Seng Road, Singapore *****5. Please give your Ml name, Hauntingly eerie tales.... Ca*alSo«an*iul», (aubjact to 3% QST) umi' A AdcMon* lOt lUfOwga mlnuto <o> card phon»144 words
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EDITORIAL & opinion
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Article, Illustration578 1999-10-20 10 shada islam - mm bottom line OPINION shada islam The writer is a Brussels-based journalist who contributes to BT ASIAN and European economics ministers left Berlin two weeks ago with public declarations of confidence in the future of Asem, the process of Asia-Eu-rope Meetings launched in578 words
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Article168 1999-10-20 10 To call the Labor backbenchers drones and robots would be an insult to drones androbots/ -itaftd™. a columnist for The Daily Telegraph, on the first Scottish Parliament in nearly 300 years. 4 We have a government here which would perceive Pervez Musharraf as the man behind the168 words
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609 1999-10-20 10 EDITORIAL AS policy reversals go, Malaysia's change to its controversial plan to create six super banks was perhaps not unexpected Throughout the East Asian financial crisis, Kuala Lumpur has never hesitated to chop and change when its leaders felt it necessary. In this609 words
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Article, Illustration891 1999-10-20 10 Alex Reyes - Leonorßrioneshas managed to push the benchmark interest rate down by two-thirds this year By Alex Reyes Bloomberg in Manila LEONOR Briones knew she wasn't going to be popular in her job. As a former anti-Marcos revolutionary and advocate of debt repudiation, she madeBloomberg; FILE PHOTO - 891 words
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Article, Illustration965 1999-10-20 10 WHEN the World Economic Forum held its last session in Singapore a year ago, East Asia was still on the edge of crisis...and Japan stuck in a downward spiral. Now, as the forum meets again, the region is entitled to several "sighs of relief', in the965 words
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MALAYSIA news
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538 1999-10-20 11 KUALA LUMPUR KL considering raising tariffs on imported newsprint to protect new domestic producer Bloomberg FOR Malaysia's newspaper publishers, the timing couldn't be worse. Barely out of a sales and profit slump from the country's worst recession in a generation, Star Publications (Malaysia) Bhd,Bloomberg - 538 words
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MARKET moves
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Article139 1999-10-20 11 MARKET talk of Telekom Malaysia pulling out of a joint offer with United Engineers (Malaysia) spurred interest in the telecommunications firm's stock yesterday. Telekom subsequently confirmed the matter after the close of the market. The company had come under fire from certain quarters earlier for139 words
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143 1999-10-20 11 MAYBANK slipped early yesterday morning by 20 sen after it clarified that there was no bonus issue after all. But Malaysia's largest banking group managed to recoup the early losses to end 10 sen higher at RM12.90, as investors remained positive on banking stocks143 words
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65 1999-10-20 11 Ruth Wong - Compiled by Ruth Wong TENAGA Nasional rose 50 sen to close at RM8.50 yesterday on talk that it would report an operating profit of about one billion Malaysian ringgit (Ss4so million) for the 1999 financial year tomorrow. However, some analysts are cautious as they think65 words
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Article, Illustration38 1999-10-20 11 [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad (left) and Venezuelan President Hugo Chavez sharing a light moment before lunch in Kuala Lumpur yesterday. Mr Chavez is here on a three-day state visit. REUTERSREUTERS - 38 words
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234 1999-10-20 11 Ruth Wong - UM Land cites strong sales of Sen Alam projects From Ruth Wong in Kuala Lumpur UNITED Malayan Land (UM Land), a 20.8 per cent Kuala Lumpur-listed associate of DBS Land, said full-year net profit swelled almost five times to 31.41 million Malaysian ringgit234 words
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207 1999-10-20 11 m KUALA LUMPUR Bloomberg MAXIS Communications Bhd, Malaysia's second largest cellular phone company, said it expects to know by early 2000 whether it will succeed in buying cash-strapped Time Engineering's phone unit. "It could be early next year,Bloomberg - 207 words
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572 1999-10-20 12 srerai run-up KUALA LUMPUR Mier exec director says Budget deficit likely to be at least 5% of GNP Reuters MALAYSIA'S government may announce tax cuts and a phase-out of capital controls when it unveils an electioneve Budget late this month, the headReuters - 572 words
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309 1999-10-20 12 Diana Oon Abdullah - From, Diana Oon Abdullah in Kuala Lumpur THE Malaysian Institute of Economic Research (Mier), a private think-tank, has upped its projections for Malaysia's GDP growth to 3.6 per cent this year and to 4.5 per cent in 2000. The revision,309 words
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Advertisement167 1999-10-20 11 How turbulent waters it there are no bridges to cross? Imagine. Nature's purest gift at the helm of your desire. Whether it's an off-road adventure, or a trip around the city, Or rather, at the mercy of the wheels of your Grand Vitara. relish in the unsurpassed level of comfort167 words
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Advertisement147 1999-10-20 12 YESt Start me on a 6 month pre-paid The Business Times subscription at just $132.60* inclusive of GST. tend Tte O/Mr/Mrs/Mt: NRIC No. n« i ri n■ I Inlrfai nn I »wil n 11** Singapore i tom nOKjngs umnea Newspaper Services Division Subscription Ssction 82 QanOng Lane, Company; NawaCanfce, Singapore147 words
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Advertisement174 1999-10-20 13 ry 099 LOWffl—g OFFICIAL PARTNER OF SYDNEY 2000 LjS longinks I v'' §L Longines DolceVita Diamond Gold Collection r A v \h LONGINES" L'elegance du temps depuis 1832 LONGINES DIAMOND GOLD COLLECTION S^w")'rel^ireB^h"'^ D Tr?w no. Goli Al tl 0 l (I Re,1,11 OomsticALL WATCHES (Lucky Plaza) Tel: 732 7673174 words
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SOUTH east asia
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NOTE Book
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82 1999-10-20 14 Bloomberg [BANGKOK] Krung Thai Bank Pel was cleared of lending malpractice allegations, according to a government investigation of an audit report that said bad loans at Thailand's second-largest bank were larger than expected. The Cabinet yesterday heard the outcome of the two-month investigation by aBloomberg - 82 words
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78 1999-10-20 14 Bloomberg [JAKARTA] Indonesia will have to spend 23 trillion rupiah (S$S billion) more to recapitalise PT Bank Mandiri, after a 2 V*-month delay in fixing the finances of the country's largest bank. That is a 17 per cent increase from the 137 A trillionBloomberg - 78 words
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54 1999-10-20 14 Reuters [BANGKOK] The Bank of Thailand (BOT) denied yesterday a rumour that it was tightening rules governing the trading of spot Thai baht, dealers said. "We received confirmation from the central bank late in the afternoon that the rumour was groundless," said a dealerReuters - 54 words
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Article82 1999-10-20 14 Bloomberg [MANILA] The Philippines' Securities and Exchange Commission chairman said he may order the Philippine Stock Exchange to lower the daily price limits for stocks in a bid to prevent brokers from manipulating the market. SEC Chairman Perfecto Yaaay said that he will suggestBloomberg - 82 words
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Article, Illustration561 1999-10-20 14 Shoeb Kagda - Boost also comes from conrt ruling for fall public release of Bank Bali report Reports by I Shoeb Kagda from Jakarta INDONESIA'S financial markets rallied strongly yesterday on the perception that incumbent President B J Habibie's chances for reelection had diminished significantly after armedAFP - 561 words
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415 1999-10-20 14 MEGAWATI Sukarnoputri, head of the Indonesian Democratic Party-Struggle (PDI-P), is now fighting an uphill battle to secure the presidency she was so sure of winning just four months ago, political analysts told BT yesterday. After weeks of intense politicking and backdoor manoeuvrings,415 words
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Article, Illustration462 1999-10-20 15 BANGKOK Siam Commercial could stand out as sole net profit maken analysts Reuters THAI banks will this week confirm their slow recovery by posting smaller third quarter losses despite huge non-performing loans (NPLs), analysts said yesterday. They said they expected Siam CommercialReuters - 462 words
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400 1999-10-20 15 MANILA AFP BANK of the Philippine Islands (BPI) said yesterday it has offered a share swap with key investors of takeover target Far East Bank and Trust Co, in a bid to wrap up a merger deal as earlyAFP - 400 words
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Advertisement144 1999-10-20 14 0? <th The Strenoth .>iii!»V.nn,'J^i Our n,. en 9tn Wi'l)" i Over? i lohit)" :/tl,llW i:>I)lu ,ltlW'| kctiw, 1 0nl >»e Services 4 !j If you want to make an impact by going online and harness IT as a productive tool for your business, then speak to the experts in144 words
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Advertisement7 1999-10-20 14 Harbour View in (lie business huh <i<7 words
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Advertisement412 1999-10-20 15 MONT° BLANC %L. S:i V t NIG 0 L D|P L ATIN U M 1 I w The new Montblanc Platinum Line: jl tn homage to the exceptional for jgj a style in which less is more A classical design combined with the subtle lustre of platinum creates this unufue,412 words
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Advertisement1220 1999-10-20 16 H MSRRB 20th Anniversary Cel t. > 11 ®U the hour glass Co I 20 YEARS Of DIS 2828 It is an occasion of significance as The Hour Glass, Singapore's premier watch retailer, wholesaler and manufacturer THE CELEE j|OF celebrates two decades of success as it stands poised at the1,220 words
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Advertisement165 1999-10-20 17 A NNI V E R SARY CELEBRATION IH Glass commemorates I rs Of Distinction I le^a^ d 1 T Gte and Gacri. DAMELROTO I :aring and sharing", our employees also OMEGA t^BE^US± JkMr 'JscKS^ E TCT Wh e r they The sign of excellence To the first 20 years, 1165 words
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EAST asia
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619 1999-10-20 18 BEIJING Growth still reliant on huge govt infrastructure spending Reuters, Bloomberg CHINA'S economy grew a respectable 7.4 per cent in the first nine months of 1999, but there was no end in sight to stubborn deflation which has now stretched into two fullReuters,; Bloomberg - 619 words
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Article, Illustration226 1999-10-20 18 FT, AFX-Asia [LONDON! The Bank of China (BOC) is to mark this week's state visit to the UK by President Jiang Zemin with agreements to provide renminbi loans to HSBC and Standard Chartered to bolster the two British banks' China business. TheFT,; AFX-Asia; AFP - 226 words
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183 1999-10-20 18 SEOUL Bloomberg KOO'S Group, a Taiwan financial services conglomerate, yesterday signed a contract to buy a controlling stake in Cho Hung Bank Securities Co for 110 billion won (*****.8 million), three months after it signed a nonbinding agreement. Buying a 51 perBloomberg - 183 words
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313 1999-10-20 18 BEIJING State-owned firms closed through joint ventures, mergers, bankruptcies AFP CHINA shut down some 7,900 large and medium-sized industrial stateowned enterprises (SOEs) in the first eight months of the year, as efficiency in the sector continued to rise, a leading governmentAFP - 313 words
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435 1999-10-20 19 Meera Tharmaratnam - Germany's MaimMmnnn makflg multi-billion dollar offer for UK's No 3 mobile phone operator From, Meera Tharmaratnam in Hongkong HUTCHISON Whampoa yesterday said it had received a multi-billion dollar offer for its 44.8 per cent stake in Orange pic, the UK's third435 words
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Advertisement178 1999-10-20 18 r ma&mMSk fr^i... t #*..:v>*f v v f jm 1 *MIW ■Hggr, w/jf T"™" ~^NMil BBS' t". lImBI I T B WWW t M "3*'T IGfSi v f Sf*i.. H sIK MA' —»>— H i in* km W/;\y—*--*»4, V?T tl 1 1 I BBS 1 J!//iAA/ v i j ;.v.•',■»»,;*-178 words
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Page 19 Advertisements
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Advertisement309 1999-10-20 19 Saturday, 23 October 1999 7.30pm 8.30pm $30.00+++ per person Sampk the luscious wines of Rosemount Estate in our 4 wine tasting session. Highlights include the 1996 Giant's k Creek Chardonnay (1998 Gold Award winner at the New jßjfr Zealand International Wine Show) and the Traditional sSOk (1999 Trophy for the309 words
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Advertisement426 1999-10-20 19 The Hour Glass 20th Anniversary Celebration Share In The Celebration. r Glass invites you to share in 20 years of success with a calender packed nts guaranteed to entice and excite every watch enthusiast. its winning one of our six prestige timepieces every month or viewing and outstanding range of426 words
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SOUTH asia
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Article, Illustration504 1999-10-20 20 ISLAMABAD Cabinet to be formed in a few days, says Musharraf, that accountability is his key objective Reuters PAKISTAN banks began a push against defaulters yesterday as the country waited for coup leader General Pervez Musharraf to name a Cabinet, now expected inReuters; REUTERS - 504 words
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Article, Illustration102 1999-10-20 20 [BOMBAY] Kash Cooke, sister of Freddie Mercury, the late lead singer of British rock band Queen, musing over a portrait of her brother at the opening of a photographic exhibition documenting the singer's life in Bombay on Monday. The show, consisting of 94 photographs taken byREUTERS - 102 words
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323 1999-10-20 20 PUNE, India Profit conld slip to 1.09b rupees dne to fall in scooter sales: analysts Bloomberg BAJAJ Auto Ltd, the world's second biggest two-wheeler maker after Japan's Honda Motor Co, could announce a 4.4 per cent drop in profit in its fiscal secondBloomberg - 323 words
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184 1999-10-20 20 DHAKA Reuters SHANGHAI Bell Alcatel Mobile Communication System Co Ltd, a Sino-Belgian joint venture, won a US$29O million (Ss3Bs million) deal to overhaul Bangladesh's telecommunications network, officials said yesterday. The company, which is 40 per cent owned by Alcatel Belgium Bell a subsidiary of FrenchReuters - 184 words
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Page 20 Advertisements
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Advertisement209 1999-10-20 20 Collective Sale by Tender LARGE PRIME DEVELOPMENT SITE Property Grenville Condominium Location Mt. Sinai Lane/Holland is A/ Land Area 19,544.4 sqm IW\ //<w (approx. 210,375 sqft) fWw Tenure 999 years wef 1885 rv /W n Planning Residential Plot Ratio x j£ Parameters 1.4,4-storeys x\ §h& Description Located near to Henry209 words
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WORLD news
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Article, Illustration606 1999-10-20 21 mLLENMIUM STOCKS It had migrated to December in the *****, hot US investors may not go into small stocks at the year-end dne to Y2K bug fears Bloomberg (NEW YORK] The turn of the millennium may restore the US stock market's "January effect"Bloomberg - 606 words
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255 1999-10-20 21 SEOUL AFP, Reuters THE much-touted sale of South Korea's Daewoo Electronics Co Ltd has hit a snag after potential buyer Walid Alomar Associates LLC made tough new demands, a Daewoo creditor bank said yesterday. The new demands by the US-based firm heralded theAFP,; Reuters - 255 words
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Article522 1999-10-20 22 WASHINGTON But several economists still see risk of a Fed rate rise on Nov 16 Reuters THE main US inflation gauge rose in September at the fastest rate in five months, the government said yesterday, but it was driven by expected rises inReuters - 522 words
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266 1999-10-20 22 WASHINGTON AFP REPUBLICAN presidential hopefUl George W Bush was arrested for cocaine possession in 1972 in Texas, but his record was expunged thanks to his father's connections, the Web-based Salon News said yesterday. Mr Bush denied the allegations on Monday.AFP - 266 words
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Article, Illustration54 1999-10-20 22 [BILBAO, Spain] A woman studying two portraits of singer Deborah Harry by Andy Warhol at the Guggenheim museum here. The museum celebrates its second anniversary with the exhibition Andy Warhol: A Factory, on display until Jan 16,2000, and showing more than 50pop art worksfromAFP - 54 words
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242 1999-10-20 22 DALLAS Bloomberg TEXAS Instruments Inc, the (world's biggest maker of semiconductors for cellular telephones, said earnings more than doubled for the second straight quarter on demand for its specialised chips. Third-quarter profit from operations rose to US$42O million (*****.7 million), or 51 USBloomberg - 242 words
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Article182 1999-10-20 22 NEW YORK Bloomberg, LAT-WP JP Morgan Co's third-quar-ter earnings rose almost threefold on fees from investment banking and managing clients' money as stock and bond markets rebounded from last year's rout Net income at the fourthlargest US bank climbed to US$442 million (***** million),Bloomberg,; LAT-WP - 182 words
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377 1999-10-20 22 TOKYO Half-year pre-tax profit up 49% on new accounting method Reuters, Bloomberg DEPARTMENT store Takashimaya Co, which reported a 49 per cent rise in its halfyear pre-tax profits yesterday, would reduce its work force by about 19 per cent, or 2,000, overReuters,; Bloomberg - 377 words
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WORLD Watch
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Article51 1999-10-20 22 Reuters [STOCKHOLM] The Swedish and Norwegian governments signed an agreement yesterday to merge state-owned telecoms operators Telia and Telenor, overcoming an 11th hour hitch to the deaL The pact was finally signed after all-night negotiations to get the US$ billion (5178.6 billion) deal back onReuters - 51 words
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Article38 1999-10-20 22 Bloomberg [ZURICH} ABB Ltd said third-quarter profit fell 2.4 per acquired industrial-robot onit F.lssg Bailey Process Automation. Profit before a one-time gain fell to *****06 million <8)344.6mi11i0n), or US$O.69 a share. BloombergBloomberg - 38 words
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45 1999-10-20 22 Bloomberg [SAN FRANCISCO] Wells Fargo Co said third-quartet earnings rose 30 per cent, led by growth in its business with consumers and small businesses. Net income rose US$962 million (Ssl .6 billion), or 57 US cents a share.— BloombergBloomberg - 45 words
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Article42 1999-10-20 22 Bloomberg [NEW YORK] Bristol-Myers Squibb Co said third-quart profit rose 14 per cent as it sold more drugs to treat diabetes and cancer. Net inoome rose to US$l.lO billion (SSI.B billion), or 54 US cents a share —BloombergBloomberg - 42 words
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Article28 1999-10-20 22 Reuters [TOKYO] Nippon Telegraph and Telephone Corp (NTT) has proposed cutting2o,ooo workers by March 2003, a source at its labour union said yesterday.—.ReutersReuters - 28 words
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67 1999-10-20 22 Reuters [LONDON] The International Monetary Fund (IMF) expects net private capital Qows to emerging markets to nearly double next year, but bankers are less optimistic Haunted by millennium bug fears, the spectre of higher interest rates in the US and Europe, investors areReuters - 67 words
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399 1999-10-20 25 FRANKFURT Deal subject to waiving of pre-emption rights by Bell South FT FRANCE Telecom has agreed to pay 7.4 billion euros (5513.5 billion) for a 60.25 per cent stake in E-Plus Mobilfunk, Germany's third largest mobile phone group, in a moveFT - 399 words
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Article, Illustration349 1999-10-20 25 NEW YORK SEC will consider roles to dose gap between the 'knows' and the 'know-nots' Bloomberg SECURITIES and Exchange Commission (SEC) chairman Arthur Levitt, stepping up his campaign against selective disclosure, has asked companies to let all investors participate in conference callsBloomberg - 349 words
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Page 21 Advertisements
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Advertisement31 1999-10-20 21 Our* W uk's \fv s o ll I L On ll! I \l>l I V\l\ Mil \U IV I til I <.i m..H- .'ikiimh i Tel: JBI '»()(><'>, I JOia l.i\:J»| Wibo31 words
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Advertisement211 1999-10-20 21 performance Motors United sasss-. «H3rr Fa* 3449 Wffl Tel T*****88 (Service) *****00 (Sales *****00 (Sales. Pa Faxi.i§Z 4 ££>s UO Q0?Qflfl1 i»i UU [*****$ Fax: *****29 *****6 GST REG NO :M2 fSr JOHNTAN CHASSIS DL ***** aooress 88 Doe Ave 1 REQN DATE 28/04/97 *****60 J i»™; w®™* U S«211 words
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Page 22 Advertisements
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Advertisement108 1999-10-20 22 A Timely Investment A Site Of Unparalleled Value If you must make one choice before the millennium, this must be it! ry*| f i 126,607 square feet of prime, freehold, *"*1 w n Inner city resort living at its finest I j~-' JlHHtaHp Existing development Caimhill Court f 5pS (76108 words
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Advertisement7 1999-10-20 22 K TODAY©***"* EUanhe Zaobao «3E*WS» wmm&m «ws»7 words
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Advertisement71 1999-10-20 22 i >l THE WORLDS LEADING w v v OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS j ♦cr*« t.ht riiojo' o." ,re-is m Incorporation Fees from USSSOO J BAHAMAS JERSEY BRITISH VIRGIN MAURITIUS ISLANDS M §ft m SEYCHELLES CAYMAN ISLANDS SAMOA Wr m BELIZE Visit OCRA's definitive Offshore Companies Web Site at71 words
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Page 23 Advertisements
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Advertisement186 1999-10-20 23 Excellence! Solitaires At Diamond Industries Importer of line Belgium Diamonds Diamoiul Industries is Asia's Bi«;i;est 100".. Diamoiul Jeweller, renown as a bulk importer of tine diamonds with absolutely no middlemen's eost. The Dazzling Jeweller}' Clearance of the .Millennium awaits you. For 132 hours only, our exclusive tie-up !p #j% with186 words
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Page 24 Advertisements
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Advertisement855 1999-10-20 24 NOTICES To advertise call toil-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF IMAGING INCORPORATED PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 at the Companies855 words
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Advertisement360 1999-10-20 24 J IN THE MATTES Or THE COMPANIES ACT CAP. 38 AND IN THE MATTES Of SINGAPOSE WIRELESS COMMUNICATIONS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovementioned Company held at ***** Moeierey Road, Suite 200, Morgan Hill. CA *****, USA oe the 20th day of360 words
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Advertisement1056 1999-10-20 24 j NOTICE IS HEREBY GIVEN that I, ONG ENG GUAN of BIK 114, Whampoa Road, #06-121 Singapore *****4, j have applied for a Public House Ist Class Licence in j respect of M/s Ocean King Snack Bar located at No. 282, South Bridge Road Singapore *****1, and that this application1,056 words
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Advertisement364 1999-10-20 24 j NOTICE IS HEREBY GIVEN that I, LIM KHNG GEOK of I Blk 414, Commonwealth Ave. West, #20-3001 Singapore *****4, have applied for a Retail liquor Shop licence in respect of M/s Hock Leong Hung Trading Co. located at j 35,Jurong Fishery Port Road, Unit G4 Singapore *****2, and that364 words
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Advertisement343 1999-10-20 24 NOTICE IS HEREBY GIVEN that I, ANG TAI HOE of Blk 749, Yishun St 72 *04-116 Singapore *****9, have applied for a Beer House First Class Licence in respect of M/s Jadeleaf Kitchen Pte Ltd located at 1, Woodlands Road *01-19 Ten Mile Junction Singapore *****9, and that this application343 words
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Page 25 Advertisements
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Advertisement212 1999-10-20 25 TOTAL WASTE MANAGEMENT SOLUTIONS At Least SAVINGS J With SEMAC'S M FACTORYPAC /f|| '111 111 SEMAC Pt° Ud OUR RFSIDENTIAI COMMFRCUt AND INDUSTRIAL SOlUl' O fJ S HL j ■k l I /1910 9 leading regional platform for i 9BK# J fl jf J wire/cable, fastener*and spring mskinq < i'''*212 words
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FINANCE & commodities
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227 1999-10-20 26 Daphne Toy, Jardine Fleming - Heports mrg/*T ShigB|inrft Tnitar Daphne Toy, Jardine Fleming THE Singapore stock market continued its descent yesterday as investors remained wary following Monday's sharp losses. The September US Consumer Price Index data due out later last night also kept investors at bay. The Straits Times Index227 words
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174 1999-10-20 26 Cecilia Loh Refco Singapore - MSC! Taiwan futures Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures succumbed to heavy institutional selling for a second day yesterday, ending 1.40 points or 0.41 per cent lower to 341.4, in line with the Taiwan Weighted Price Index which plummeted174 words
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278 1999-10-20 26 ENERGY REPORT Bloomoerg [NEW YORK] Crude oil feU more than one per cent yesterday, the second straight drop, on speculation that a US industry report will show demand for petroleum products is easing before the winter heating season begins next month. TheBloomoerg - 278 words
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Article295 1999-10-20 26 AFP, Reuters THE US dollar gained broadly yesterday as the US stock market breathed a sigh of relief after closely watched inflation data came in softer than some had feared. Short-covering buoyed the dollar on news the September US Consumer Price Index was up 0.4 per cent overall,AFP,; Reuters - 295 words
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Article, Illustration1104 1999-10-20 26 KTCRBAITE CROSS RATES Oct 19 AS CS far* FTr ta Htt |«t»8»f T« Ml H2>Ntt» Nw SS —i Kr Wf 81 N1 Pt« Aerate 0.964 4178 OJK 19H L166 5.0* 2t.003 4t.M9 0.680 7.779 2.453 1217 3X473 26.KI 1060 1*64 0.947 2458 ***** 0386 0246 CMMte L037 5.556 0.6» 4.0561,104 words
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Article1600 1999-10-20 26 nCOMrOTURgg Qctw MMtflMm dM*«atlMM) RSSICOMTVACTacaMAl) Oom Vote* Opoo M« 99 106.75 500 OK 99 100.75 1200 JM00 02.25 »0 FMOO 1M.75 100 ISSCOimMCTMeMMta) Nw Opw MmM Hp Imt Sttt (Kmk) hrttrMt Nov 99 1 6425 015 IK 99 64.75 2275 Jm 00 67.00 3420 FtfcOO 6925 3205 T58 20 FOOCOHTtACTtus1,600 words
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STOCKS east asia
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Article, Illustration2564 1999-10-20 27 HONGKONG AFP, Reuters QH&agSeng jtjJß HONGKONG share prices fell 1.3 per cent in post-holiday trade yesterday amid concerns over US interest rate hikes, dealers said. "The market remains weak on worries over the direction of US interest rates," said Michael Ng, dealingAFP,; Reuters - 2,564 words
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Article, Illustration921 1999-10-20 27 AFP, Reuters Source: Datastream nShwaheaßlnte AX SHENZHEN'S hard currency B shares ended down 5.5 per cent yesterday as investors were disappointed that the latest official market-boosting measures failed to reverse a recent downward trend, brokers said. The B Share Index dropped 4.27 points to 73.87 as turnover fell toAFP,; Reuters; Source: Datastream; Source: Credit Lyonnsis Securities(Asia) Ltd - 921 words
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Article363 1999-10-20 27 AFP □WPlndea -52J0 TAIWAN share prices closed 0.7 per cent lower yesterday in the absence of new leads and concerns over a downward trend in the US stock market, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 52.30 points to 7,602.96, on turnover of NT565.43 billion. "ThereAFP - 363 words
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Article1867 1999-10-20 27 TOKYO AFP Q Nikkei 225 -2L16 SHARE prices in Tokyo closed mixed yesterday as investors retreated to the sidelines amid concerns that Wall Street might slip back following the release of US consumer price data, brokers said. The key Nikkei Average of 225 selected issues lostAFP - 1,867 words
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Page 27 Advertisements
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Advertisement11 1999-10-20 27 A master of cooking. Or one who just knows his carats.11 words
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STOCKS klse
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Article7306 1999-10-20 28 Cmhmt pniwti i«m Lot v«i o«r n*« cep Ml» U» C»W>I«V «H -000 HUfc Lew P/l $iM 440 255 Ajinomoto 310 197 125.6 174 46 Angkesa 99 6 13 99 94 146.0 404 220 Apollo Food Hlg 316 73 126.4 294 115 BerjayeLand 177 6 274 160 174 5.7 1227.07,306 words
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Article, Illustration379 1999-10-20 28 AFP Q Composite Index *2199 MALAYSIAN share prices surged 3.2 per cent yesterday on technical factors and boosted by foreign buying of blue chip stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 22.99 points to finish at 738.28. TheAFP - 379 words
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Page 28 Advertisements
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SES clob & regional stocks
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Article2506 1999-10-20 29 BONDS A WARRANTS Oct 19 m Mb "55 UK M LMiiiiii kn (W i» m» la» ttm Umm «ar rw> Up W*m Mhr Mm (mm mm W" WW 8m** K* W 63 $3160 A Acar ******1USS 35 unch 24 35 35 34.5 35.5 33.1 1 156 183 193 21 802,506 words
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Article, Illustration768 1999-10-20 29 AFP PSETMat THAI share prices closed 1.2 per cent lower yesterday with profit-taking offsetting early gains amid a lack of strong leads to support followthrough buying, dealers said. Continued selling across the board was prompted by concerns over a possible rise in US interest rates, they said. The StockAFP - 768 words
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Article287 1999-10-20 29 AFP Q Manila, -&54 PHILIPPINE share prices closed 0.4 per cent lower yesterday due to concerns over developments abroad, particularly on Wall Street. The Philippine Stock Exchange Composite Index fell 8.54 points to close at 1,990.61. Turnover fell to 814 billion shares worth 4.3 billion pesos.— AFP OKI* N»AFP - 287 words
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Article, Illustration666 1999-10-20 29 AFP Q Composite Index+3o.43 INDONESIAN share prices closed 5.5 per cent up yesterday in heavy trade and the local currency firmed after defence chief General Wiranto refused to be President BJ Habibie's running mate in today's election, dealers said. A foreign exchange dealer with a European bank said theAFP - 666 words
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Article270 1999-10-20 29 AFP Q Wellington +2158 INVESTORS took heart from a partial rebound on Wall Street overnight and lifted share prices 1.1 per cent here yesterday. The NZSE-40 Capital Index rose 23.58 points to 2,090.07 on turnover of NZ$lO4 million with Telecom up 25 cents to NZ$B. —AFP W» B *bAFP - 270 words
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Article567 1999-10-20 29 AFP DAPOntinariM -&3 AUSTRALIAN shares feU 0.3 per cent yesterday amid continuing anxiety about the global stock market outlook ahead of US inflation data due out later in the day, brokers said. The benchmark All Ordinaries Index fell 8.2 points 2,788.6. The All Industrials Index rose 1.0 point atAFP - 567 words
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Article289 1999-10-20 29 AFP Q Composite Index -14.81 THE Korea Stock Exchange Composite Index closed down 14.81 points at 811.44. Volume was 250.1 million shares worth 2.9 trillion won. AFP Oct I* Wm Anom Somt ***** -200 8r«MTocti 2100 105 Control 8or* 2705 20 CtwNCofflfli ***** -5000 Dm Ou lank J950 -50AFP - 289 words
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Page 29 Advertisements
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Advertisement25 1999-10-20 29 The full use qp today Imagination p. nri-Mt /v inure THE BEST V- '%> i i|; IMPORTANT PREPARATION •>; h r TOMORROW if 1 KNOWLEDGE I ll25 words
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Article7205 1999-10-20 30 MAIN BOARD Transaction date: Oct 19 Or Or M Wt 92-m Last Vat Day Ltft Ouott M« «v VH Nat Cap A«g Mljfc Law MMo Cimit Ml COOOl Mm» Law Bwyor 8o8ar Cw P/I Prtca 182 173 m b 1000 Acma 50c 106 cd -1 12T KM KX7,205 words
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Page 30 Advertisements
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Advertisement96 1999-10-20 30 >■ I I I p 1 I |s n SC>^ ns 11 ntci pi isc soJt .u c helps vou see hcvoiul tci hnolot;v. ulloiyin£ von tn ac tcss il.it j .nul mloi nut it mi .im tunc .m\ lu i c Spot 11 ciuls .nul iln\ etm! k .il96 words
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RUGBY world cup
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Article, Illustration642 1999-10-20 31 Shahiron Sahari - The World Cup's beginning to get exciting with every match a do or die By i Shahiron Sahari [SYDNEY] And then there were 11. Out of the 20 teams that started the Rugby World Cup 19 days and 30 matches ago, only nine will takeREUTERS - 642 words
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Page 31 Advertisements
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Advertisement203 1999-10-20 31 Where to wine, dine and entertain... cJESETISL* mM is® All the fresh oysters you can eat! Help youiself at our carving station then feast over a lavish buffet dinner complete with appetueis, «larW, soup and tempting desserts. Complement your meal with a specially priced wine-by-the-glaM. nner: Monday Friday f/2Tv(^ Time203 words
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Advertisement70 1999-10-20 31 II *^"«r-*i* a&«K«ifl Hi.' a-. fi wramHmnuM auaiIAI%IA frfl avaiiaow tor. private parties company dinner and dance conference seminar and meeting. HOTEL QRAND CENTRAL UMTTED 22 Orchard Road/Cawanagh Road, Singapore *****7 Tat *****44 Fax; *****75 jl The flare at. 9 Level I,Orchard Point M Q >- M Dally from 8.0070 words
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Advertisement99 1999-10-20 31 I cM £om4>% l.oM» trwH Sreat music. Sreat entertainment. Bringing jm rkt ttry kit M MtnJtrtm kia r j A a OKf Fuzhou k JSVWOW »«r dtttrtfjmg Inr ha J /fwb riK rkikfftma 5 00pm 7 40pm 8 00pm -12 30am Ptrfornuuua on dtily txctft Sunday. Expcricnu our Breathtaking Fashion99 words
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Advertisement143 1999-10-20 31 You'll love the Japanese Dinner Buffet at St. Gregory's Brasserie of Grand Plaza ParkroyaL It features all-time favourites such as Sushi, Sashimi, lempura and tempting hot dishes like i Beef Katsu, Tori Terriyaki and many more. *28*+* (Adult) *17*+* (Child) For reservations, call 432 5567. Lsi GREGORY'S) ™oraMe&ief~ AT GRAND143 words
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Advertisement141 1999-10-20 31 I OCTOBER B A veritable treasure trove of exotic I Turkish cuisine, j I culture craft. I VENUE The Belvedere I (4th floor, Main Tbwrr) j W ENQUIRIES 831-6288 -SBI- MtmtkinM U| Smtgafwrr Odurd Road. Sanaapoi* *****7 W: 737 4411 fix 732 2361 *TV\g CUef Scrici* of Cm&i C*»Pi (><«141 words
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Page 31 Miscellaneous
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Miscellaneous870 1999-10-20 31 CRYPTIC CROSSWORD 28 Nathan returned Indian city figurine (7) 8 Hesitantly five having com- YMtfimDATO SOLUTION .yy-ro monsense go round in a Bwßsßcßc—[Fßcß jumpy state (7) "Hi^pfnuoiom^mßfuißioi 1 Travel regularly to reduce the 13 Spicy hitch? (5) ■oMaMuMnMzMoMoII sentence (7) 14 oil found by Jack at first (5) |^sfmnmE[mTßEmc{ms[i] 2870 words
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MONEY matters
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Article, Illustration813 1999-10-20 32 larry wee - -H comment CURRENCIES There's also talk that the baht and the rupiah would be pegged to the dollar larry wee WALL Street jitters and Indonesian political worries hog the headlines and look set to keep currency and stock markets on tenterhooks this week. PreferredReuters; Source: Hypovereinsbank - 813 words
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737 1999-10-20 32 South Korea, in particular, is getting worrisome again THE Dow has now slipped to April 1999 levels and looks likely to go below the key 10,000 level in the coming weeks, as fears of a rate increase continue to rattle markets with737 words
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Page 32 Advertisements
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Advertisement430 1999-10-20 32 Gear up for 9% p.a.* interest rates on m .f your Singapore Dollar Deposit mit*- 1 Pair your Singapore Dollar with the Japanese W* J Yen and make your money work harder. jfioHp In a Citibank Premium Deposit** you have the option of W/i"\jf investing in two world currencies at430 words
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INVESTING'99
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Article, Illustration577 1999-10-20 33 Wong Wei Kong - By Wong Wei Kong THE investing scene in Singapore has changed dramatically in just a few short years. It may seem unbelievable but as recently as 1997, unit trusts that invested globally were still considered a novelty. Now, global funds are commonplace and fund managers have gone577 words
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Article, Illustration1229 1999-10-20 34 The economies that have recovered the most in 1999 correspond to equity markets that have outperformed since the beginning of this year THE gloom and doom banners heralding an era of protracted recession in Asia have been recently replaced by more positive sentiment exalting "greaterFILE PHOTOS - 1,229 words
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Article, Illustration1060 1999-10-20 36 LOUIS BECKERLING - Fund managers tell LOUIS BECSERUMO that sentiment in regional markets will improve once Y2K is out of the way and Indon situation clears up DAfr e LOUIS BECKERLING The writer is a regular contributor to BT BRACE yourself for a rough ride over the1,060 words
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Article, Illustration949 1999-10-20 38 JOHN HAMMOND - Investing in global real estate is a complicated business but well worth considering at present, writes JOHN HAMMOND JOHN HAMMOND The writer is an analyst with Henderson Investors GLOBAL real estate markets currently offer a wide variety of performance opportunities.FILE PHOTO - 949 words
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Article, Illustration993 1999-10-20 39 PATRICK CORFE - The racy market for new issues is expected to correct as a glut compromises quality and hurts issuers themselves. PATRICE CORFE says investors should go easy on the hype PATRICK CORFE The writer is investment editor, Aberdeen Asset Management Asia THE market may have993 words
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Article, Illustration844 1999-10-20 40 KESTREL LEE - Irrational sentiment has fanned both e-commerce and e-stocks, and many have crashed and burned. But the reality of the Internet economy remains, and using the tools of the trade will become essential, says umpfbbi. lee KESTREL LEE The writer is from DVG Whartons, which specialises in financialFILE PHOTO - 844 words
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Article, Illustration708 1999-10-20 41 BEN FOK - They should provide investment advice and focus on service, says BEN FOE BEN FOK The writer is manager, funds specialist, with Fraser Securities IT has been over two-and-a-half years since stock broking firms were allowed to sell unit trusts but since then only708 words
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Article, Illustration897 1999-10-20 42 A guide to prospective investors on the benefits of investing in unit trusts compared to stocks and what to expect from fund managers THE unit trust industry in Singapore has experienced a boom of sorts, with unit trusts becoming an accepted897 words
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Article, Illustration1130 1999-10-20 44 KEVIN CHAY - Find the thought of jumping on the currency bandwagon a little intimidating? KEVIN CHAT takes you through the paces KEVIN CHAY The writer is assistant manager, Treasury Division, OUBLtd THE devaluation of the Thai baht in July 1997 sparked a regional crisis with consequencesFILE PHOTO - 1,130 words
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Article, Illustration987 1999-10-20 46 JURG BEAT NAUSER - Services will have to be structured so as to allow fast response to changes in die market says JURO BEAT MAUSER JURG BEAT NAUSER The writer is head of business development, Telekurs Financial Information Ltd FINANCIAL information until a few years ago theFILE PHOTO - 987 words
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Article, Illustration901 1999-10-20 47 LIM MENG TAT - Right channel provides value-added information so you can make an informed choice, says LEM —um» TAT LIM MENG TAT The writer is vice-president, investment funds services, ABN AMRO Asset Management (Singapore) FANCY buying a unit trust at the ATM machine, in the 7-ElevenFILE PHOTO - 901 words
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Article, Illustration1110 1999-10-20 48 It's important to plan early for your retirement and children's education WITHOUT careful financial planning, it is easy to outlive your savings and CPF for retirement. Yet, the average Singaporean could be too complacent about the importance ofplanning early for future needs. This article highlightsFILE PHOTO - 1,110 words
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Article, Illustration899 1999-10-20 49 Does he subscribe to a philosophy or is he trying to sell you the flavour of the month? Here's what an investor should look for from an investment planner THE term investment planning means different things to different people. This can pose899 words
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2089 1999-10-20 50 JASON TEOH - Retirement is not as far away as you think and it's better to seek sound financial advice at an early stage. JASOIf TEOH explains how to go about it JASON TEOH The writer is financial advisor, Investment Advisory Division, Consumer Services Sector, United Overseas2,089 words
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Article, Illustration745 1999-10-20 52 NG SOO NAM - Recovery, low rates and corporate restructuring are positive for market, argues MO SOO MAM NG SOO NAM The writer is fund manager, Schroder Investment Management (S'pore) Ltd AUTIOUS, indecisive, 1 directionless, uncertain howI ever one I may wish to M describe the S market overFILE PHOTO - 745 words
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Article, Illustration1274 1999-10-20 53 LEWIS MITCHELL - Investors often bet on an index without knowing how it works. LEWIS MTTCHEU. evplains what goes into the tools that depict the state of a market LEWIS MITCHELL The writer is a quantitative analyst at DBS Securities ON any given market day, traders and1,274 words
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Article, Illustration1680 1999-10-20 54 JEFFREY GOH - Internet use and online trading are on the fast track. JEFFREY GOB looks at how financial institutions are rising to this challenge JEFFREY GOH The writer is business development manager, Phillip Securities THE boom in online stockbroking is intricately linked to the advent of InternetFILE PHOTO - 1,680 words
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Article, Illustration1621 1999-10-20 55 TAN KENG HOCK - It's a win-win idea for investors, funds and banks, says TAM KEMG BOCK TAN KENG HOCK The writer is director, Schroder Investment Management, Singapore The views here are the writer's and do not necessarily reflect those of the company. ARE you using theFILE PHOTO - 1,621 words
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929 1999-10-20 56 SHAMINDRA PERERA - Allocating funds for a global portfolio has to depend on more than forecast returns and ever-changing fundamentals, says SHAMDVDRA PERERA SHAMINDRA PERERA The writer is director, funds distribution, Frank Russell Investments Singapore. Frank Russell, together with DBS Bank, has launched the Horizon929 words
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Article859 1999-10-20 58 NELSON THACKERY - A balanced portfolio must include bonds, says MEUSOM THACKERT NELSON THACKERY The writer is global consumer bank treasurer, Citibank Singapore Disclaimer: These are the views of the writer and not necessarily those of the bank. As part of the wider scheme to develop Singapore as a859 words
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Article, Illustration1457 1999-10-20 59 KWOK KENG HAN - Homegrown firms are set to replicate, if not outdo, their US counterparts in the information technology arena, says KWOK EENO BAM KWOK KENG HAN The writer is head of channel sales business development, CMG First State Investments ONE afternoon in May last year,FILE PHOTO - 1,457 words
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Article, Illustration1429 1999-10-20 60 What is the role of insurance in retirement planning and how to maintain the lifestyle of the good old days? Here are some tips PLAN for your retirement, was the recent message to Singaporeans from National Development Minister Mah Bow Tan. This was a keyFILE PHOTO - 1,429 words
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Article, Illustration857 1999-10-20 61 KEN NG - An investment-linked insurance policy offers flexibility but be careful to pick the right one, writes HEN NO KEN NG The writer is assistant director. Prudential Assurance Company Singapore INVESTMENTIinked insurance policies have become increasingly popular as they offer a combination of life insurance cover857 words
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Article, Illustration1203 1999-10-20 62 MARTIN TAYLOR - In today*s post-crisis environment, local bond markets are an increasingly relevant fund-raising avenue for companies, says MARTIN TAYLOR MARTIN TAYLOR The writer is director and head of capital markets and fixed income sales, HSBC Singapore IF Asia's governments can draw any positive conclusions from the1,203 words
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Advertisement454 1999-10-20 33 maps Beware the IPO all wrapped up in tinsel Pgr What's in a unit trust Pg 10 Intimidated by forex margin trading? Here's how if s done Pgl2 Can you afford to retire? Advice on calculating your needs and carrying out a plan Pg 1417,18 Stocks may be going nowhere454 words
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Advertisement11 1999-10-20 34 9M&: 'iff Jrst ,11 \.t< f I I BOSS W HUGOBOSS11 words
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Advertisement344 1999-10-20 34 f ?w®^wfe^a-fi>'s^B 'ASw fl w pj 'v> r f M \°/>- v MrMfQ b 1 %/c. Tft Jet Jr <8y &UF %> You don't have to understand technology to make money out of it. There's no getting away from technology. And it already up SftP Micropal awards too, and recently344 words
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Advertisement147 1999-10-20 35 HP I local sources... Iglobal I view. Telekurs Financial provides detailed information on more than 1.2 million financial instruments from over 200 exchanges, J 450 contributors and other primary sources around the world. pricing. Whether you are active in investment consulting, asset corporate actions. management, financial analysis or securities processing147 words
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Advertisement296 1999-10-20 36 Be the first to experience the Datograph from Lange. V. r -~-TL •i: J." -'a >■ z** m rfifarmfl rju r~~ m Reference 403.035 ■iAa Langt movement calibre L 951.1 ■m y Manually wound jr World's first chronograph with flyback xBOBL&ImAX M!!fW' and precisely jumping minute counter, patented outsize date296 words
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Advertisement105 1999-10-20 37 i: J-;'' < r ~> r XT'' §^>?|^y f fj~ ?;f AAA AIA is Singapore's only life insurance company to be rated AAA for the second year funning. Hie AAA rating is the highest possible ItlJ jf| »ting assigned by Standard (k Poor's, the world's leading credit rating agency. It105 words
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Advertisement606 1999-10-20 38 When should you savings" y° ur 0 investments? First of all, ask yourself this. What are you saving for? Is it a home? A car? That dream holiday, or even your own business? Knowing J y r what your future financial goals are helps you decide what you should be606 words
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Advertisement226 1999-10-20 39 PLACE YOUR INVESTMENTS IN OUR CAPABLE HANDS. I I (And we'll give you a vety capable Palm.) I fl When it comes to financial services, American Express® Bank ranks I t|- 1 —among the best. Our team of experienced investment consultants work 1 with eight reputable fund managers, letting you226 words
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Advertisement16 1999-10-20 40 fIHHM A ALFRED DUNHILL Laptop Bag Ngee Ann City The Paragon OUB Centre Sogo Raffles City16 words
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Advertisement460 1999-10-20 41 (ft; NTUC INCOME First Insurer to be named Insurance Company of the Year If you are looking for an insurer to consistently serve you better, choose NTUC Income JBk the Insurance Company of the Year. Contact us. Tel: 332 5335 Email: sales@income.com.sg H s/b A A Website: http://www.income.com.sg INCOME r--i-460 words
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Advertisement184 1999-10-20 42 S* i J! -t -r~— -v— -^JV^Vf "v- \y; *T ,t>~~ V />*£• V A -5 With the ebb and flow of the financial markets, you need access to the best investment managers for your portfolio. Yet, how do you know which managers will successfully navigate the investment markets 7184 words
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Advertisement265 1999-10-20 43 V '^y^ r f j I II i inH jV fefci 1 4|k 11 W, t s, y^// M 11 V* "V v' iijU^^{\' /Va JF~« > ra Bf/*«i r f" L Jy > B X£f /H v -Mr m+J* P■ M t i V THERE'S AN EASIER WAY TO265 words
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Advertisement111 1999-10-20 44 j Risk. Covered by Allianz Group. I MUtrnii. ll I Wherever you are. Whatever you f do.The Allianz Group is always on Cl /ft /i t I your side lo tis risk inc.ins thinking nnihiiil .il>!' !'< I i picvcni risk (timing into loss. As one <>l tin* world's Ic.mliiii'111 words
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Advertisement397 1999-10-20 45 I Unleash the power of foreign currencies. K B m B B EBB B B ■H W® B^^^^B^B |HB| I' b >-V r■ tw^Tß B B 6oveßr iIBHI ATBLAft B 3jßfv B "MNi-w ..jflfef -tf-, t*N* Wm' Start trading with the Citibank Professional Currency Trading Account. If you're a sawy397 words
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Advertisement41 1999-10-20 46 THE FUTURE i-mr'trMTf f ■v V r- T-;± v C^TgLM^E the future or trading is now For more information, call us at 231 6688 or e-mail us at helpdesk@ongco.com Ong Company Pte Ltd 24 Raffles Place #12-01/06. Clifford Centre. Singapore 04X62141 words
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Advertisement38 1999-10-20 47 fl fitting Testament to Excellence in fund management II K: "f 111 If I MfirifJfJf;! of fllO Y(;fi| 1 999" AwnrcJ* terorjnr.o', lA'/j Ar/,ot Mnnnrjomont 1 in many I If irfitr, «9Sgft tflwiHt <* fl > I pp^ r 138 words
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Advertisement509 1999-10-20 48 'is,- ll fg 1 S■ i ■"■>• M mumm-* a** rm jjucßblillflliiK flfliMiiilllßHf iPSSflSiißJiii ySujll w»*iillP§P^ MiKMifflMMia—■■■■ **I^^I^^I^^BB9^HffBE5suBB^BIBPB!fllliBi^BEl2^B^^BBBBBH^BBilBB^BB nk^&%c' I fli HHHH B^B^^^Bi p—WB SBHHHIHH BBHBHHHBI ralllfe I j Vrl 1 *Jfr'•i' 1l I m J'./- .^;i!' v 9 8:- .^B H -p* '-'Y pggJ-IS. VF^i^Hrl^M^H' r 1 1 3g509 words
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Advertisement121 1999-10-20 49 f -.SnM 3§R.'-' ~HS ®'K iV :^^^HB^^^pv-''-v B m 'W-f. -.3-' Mi Iffi -^^^^^BwB^^^^SHBBHBHI v j I 'J*K -fk S es [A INNOVATION TECHNOLOGY FUND tnost of Id* 1 J A 1* (i 7 f mmsubc, ars in the Specific Coaary Sector (China). in the Fund must be made on121 words
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Advertisement274 1999-10-20 50 H fl HS33 1 WSBBKSBSBSSSKBt^ f 188 K* fl B assi&ll SBBSraBaHM <> -*if <>" I IB I t'fr 2s I WfsZ+ t~ »4| I I Eg I I #1 H I i— IK > £jB 1 l I BB&& I ,r H frffll 4 -MB ::J r IB TW;BB-k|j|H|B274 words
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Advertisement509 1999-10-20 51 =v |u/ii |K ijLg nBHH|!^P^ v« ©*«it .^H ÜBBHRpr- W&SB&&'''' lntt*£9& > v t *it' A fJ J H II |l IAMv H |Al Whatever type of investor you want to be, we have a range of funds to suit your needs. We believe the best person to decide which509 words
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Advertisement1061 1999-10-20 52 Ong &Co an Securities Ready Leads The Way In stand Out From The Pack Technology Ong Company Private the Singapore immediate of price activities shares listed on the trading when trading to website, www.ongiine.com an edge to constant efforts information for hassle-free way to its clients. looking stance by employing1,061 words
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Advertisement767 1999-10-20 53 c INVEST IN SHARES Presently, Citibank is offering 60% margin financing. it's 60% financing. This means that the amount capital and ensure your long-term participation in WITH A CITIBANK EQUITY k an k enc s y° u while you pay up the borrowed must not exceed 60% of the total767 words
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Advertisement232 1999-10-20 54 rules H to success ,n e-trading: 1. Don't tell people everything you know Jv JF :Mr The online brokerage market has exploded based upon the promise of speed, convenience and cost effective access to capital markets. For your clients, the choice of working with you anywhere, anytime and anyway, whether232 words
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Advertisement414 1999-10-20 55 Y -t -L I iTTn "SSSEh: ritai c: t! > 4 n r^B^ffrßM^.' 1 ■mi Just visit our new website for online retirement planning! I http://fna.citlbank.com.sq 1383 I Ever wondered how much you need for a I comfortable retirement? Well, now you can find out easily with a few clicks414 words
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Advertisement630 1999-10-20 56 vn m hmdm im most or mnmm trmmo vm sas*-< to ll* WW* ft* fa* «MMMtotfSmUtmmmm fmmgt iMtfng anwwn»*P*cam**w»li*r aowrmy y 3**»« TH«yH*¥#ta Immnmmi MMWiimpVMtfpMawMntAMMMiyw Wwwmi' <pwiwi <Wt»* wrimwijw <a%gut»gy gawramx* y r*»nwn» tf •f«M> Ifr M»**>ow**OT»a*»w ft* wwwww »*w»fg S<*»* mm ,*s sAss YouRpERs NALiNvEsT||EKTpLATFoR IS yy ijijTfr Inn630 words
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Advertisement194 1999-10-20 56 v lln Whichever OT MalttYour Dreams I Come True j f m\Kl I til I It's easy to get into the property market with National Australia Bank Asia, whether you are a first time buyer, an experienced property investor, or just thinking of upgrading I X our existing property. I194 words
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Advertisement471 1999-10-20 57 What does it take to be a leader in capital raising for Asian corporations Experience. At Bank of America, we deliver solutions that businesses need to succeed. The result: So far in 1999, we've completed more than $600 billiont of debt, equity, and advisory transactions on behalf of our clients471 words
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Advertisement552 1999-10-20 58 HONG LEONG FINANCE SINGAPORE FINANCE 1 OCTOBER 1999 31 MARCH 2000 A New Millennium, A New Reason To Save With Us! Open or renew your Fixed Deposit and you'll get vouchers and gifts FREE! For every S2 000 deposited for 12 months, you'll receive a $10 voucher or a bottle552 words
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Advertisement436 1999-10-20 59 Seize opportunities in the rising Asian Equity Markets without risk to your family Jt .o3j jiftLufi/ -rftMA/J 'LAaP^HI 4 -V 1 £-Ka,J3 j| P^^Mg mKßtr Kong |l 9» m I BgKy W Rtnam ST |m flp V a RStaP' "JbPIP Let's admit it, many people have gotten rich ensures maximum436 words
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Advertisement85 1999-10-20 60 Stability: In turbulent times, you need a partner with seasoned judgment to give a balanced perspective. As one of the world's premier providers of private banking services, with over 125 years of wealth management experience, we can give you the continuityvou need to realize your short-term goals and your long-term85 words
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Advertisement217 1999-10-20 61 SO YOU CAN GET THE MOST OUT OF YOUR UNIT TRUST INVESTMENTS. Now you con enjoy maximum the investment scope of various w Open up a POEMS account now returns from your unit trust nMUflr funds. Investors can also track the and enjoy: investments with minimum return of their portfolio217 words
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Advertisement57 1999-10-20 62 Why is FraserDirect Singapore's Favourite? One of the Best sites for Making Investments... "Nice, easy to use navigation. Good all-round site for investing jP -V on the Singapore exchange..." v: TIME magazine, Money,/ulif 1999 Pioneer of Mobile e-trading service in Singapore jL Business Times, lime 21, 1999 Internet Stockbrokers in57 words
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SHIPPING TIMES
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Article291 1999-10-20 63 Bridge News, Reuters TRADING was very quiet Rates for Panamaxes continue to look healthy in both the Atlantic and Pacific. However, in the US Gulf there is said to he an ample supply of handysized tonnage and some charterers not prepared to pay premium Panamax rate for businessBridge News,; Reuters - 291 words
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Article75 1999-10-20 63 em ystrt*3im -~4g u --"0.07 22 3STSterfS W m «g ESSSsrfS 22 '*f imniii niT QlOI 4# s§9- iris llWIIrtll 2.04 -c.cn 70 RMTMl Uf AOS 37 ufcf >—«W UM «M 103 jjpwii in— a» W WOL 2 20 4M 3052 sssag=ss s mS. sr- —fg If b75 words
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Article, Illustration489 1999-10-20 63 Marcus Hand - COMTAHER ASIA W CONFERENCE Their introdnction on main trade rentes has caused overcapacity: By] Marcus Hand [SINGAPORE] The trend by container shipping companies to build mega ships over the last Ave years has been the major cause of the industry's489 words
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156 1999-10-20 63 [SINGAPORE] A bulk carrier and an unladen tanker collided in the traffic separation scheme (TSS) in the Singapore Strait yesterday morning. The collision between the Panamanian-registered bulk carrier, Graceous, and the unladen 62,000 gross ton tanker Lula 1, happened at about 6.50 am156 words
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612 1999-10-20 63 Seafarer - STRAIT TALK By\ Seafarer THREE weeks ago, Seafarer looked at the campaign by Greenpeace and the International Transport Workers Federation (ITF) against the sale for scrapping in developing countries of vessels with hazardous materials on board. That commentary acknowledged a genuine concern about612 words
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409 1999-10-20 63 Alec Almazan - Domestic terminal needs to be modernised: Philippine port chief From. Alec Almazan in Manila [MANILA] The head of the Philippines port regulatory agency has warned that the piers at the Port of Manila's North Harbour domestic terminal would collapse unless the port could be409 words
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145 1999-10-20 63 Lloyd's List [LONDON] Container giant Evergreen has now set up a 20strong working party to investigate the prospects for getting into the cruise industry. It is not expected to report back for 18 months and word is that Evergreen flavours entry withLloyd's List - 145 words
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FOCUS indian ports
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Article, Illustration896 1999-10-20 64 Coalition government promises steps to draw in private players and cut state control to revitalise sector Reuters [AHMEDABAD, India] THE privatisation of India's ports has moved at a glacial pace despite almost a decade of economic liberalisation. nnnßut the coalition government which took office last week hasReuters; FILE PHOTO - 896 words
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Article277 1999-10-20 64 PACE ESP lines U AWL 3 Emgrtw 8 Accord 8 Ahrn+tel 14 FrtlMa M AppensMp 5 AjieOCL 13 Gemartrans 6 Antral 0 C«m« O Avant M Global 13 BlangMas 8 OorylU* M BSA 7 HaBwH* 12 BTl M H«*l 7 8a»a|l Shpg S Hanjln 3 Bangiadesfi 13277 words
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Article19961 1999-10-20 71 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vrsrt Voyaga TMpOon* ETA ETA Advartliar Vitm Voyaga Talapfiona SM Dast'n Nam Nan* Numtoar Numbar SIN Dast'n N*m» Htm* Num6»f Numbar 27/10 21/11 Norsul IWATO 0205 65******33 To ABIDJAN (ABJ) 2003 Cote D'lvoire 27/» 22/n cosco ever gentle ooosw *5-22*1100 21/B 05/1219,961 words
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SHIPS IN PORT
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Article427 1999-10-20 77 VoyHo Berth Arrival Departuri JmiM Marcopoto 48 Prw022 JO T7/W/&W 18/W/6.30 x p Suh "099 joi 17/w/tww i7/w/»30 k"***! Sari 13/99* J« 17/10/9:30 18/10/7:00 Bt Mm Gt6 S7 OCT-15 JOI 17/W/W:15 17/10/2359 Raven Arrow 144 J15 17/W/W35 17/10/23:59 SatuNcm 56 JW WW/530 19/10/17:00 ""O*« MAY-99 J12 18/10/7:00 20/W/15.30427 words
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Article1781 1999-10-20 77 RECEIVING OF EXPOffT Fa CONTAINERS AND LCI CARGO »O0*tlKJ/ Ml«nce «XI5 Sltlp Voy Wo Ett/Btr Pftod From To From aoucvu m a/4 00 a m/im v/mm rrmoo a ttmo r7/06w nmoo 3 17/0700 V/HM 17/MM 4 17/000 17/MM V/17M Ad JAOt 7« W23J0 U WT700 17/MM 17/0*00 */I7M1,781 words
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Article184 1999-10-20 77 Oat 23 Thailand.: Chulalongkorn Day. Oct as Ireland-Republic OF: October Holiday. New Zealand: Labour Day. Taiwan: Restoration Day. OotM Austria: National Day. Out 28 Greece: Oxi Day. Norl Philippines: All Saints Day. Nor 3 Japan: Culture Day. Mo*S Brunei: Meraj. MovS Indonesia: Ascension Day of the Prophet Muhammad184 words
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Article768 1999-10-20 77 THIS report complied by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual768 words
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Article471 1999-10-20 77 M Cartel MNii mi 12 I7j0 0.00 74 0*4 u Pwity Mater »«Mw Art matitm Sifcirt Noabow£25 I 1*000 380 Am *93 0.4 ai 0.06 29 0.02 Idm 380 Ha 995.5 0.9 Bl 0.06 51 0.04 »M/M »M/M No Mm G35 10 0 1 0 0471 words
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AIR & LAND transport
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372 1999-10-20 78 Warning system neither causes nor prevents accidents AFP [WASHINGTON] US aviation regulators said a radar-based warning system that tells pilots if they are flying too low did not cause four fatal plane crashes, despite questions raised about the system by aAFP - 372 words
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Article, Illustration665 1999-10-20 78 US carrier reports quarterly net income of US$23B per share, higher than Wall Street forecasts Reuters [CHICAGO] Delta Air Lines said it agreed to buy the 78 per cent of Comair Holdings Inc shares it does not already own for aboutReuters - 665 words
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Article, Illustration482 1999-10-20 78 AFP [TOKYOI Now it has promised a drastic restructuring plan, Japan's Nissan Motor Co Ltd must negotiate a long and difficult road ahead, analysts said yesterday. Carlos Ghosn, the Brazil-ian-born number two at Nissan, said five plants would be closedAFP - 482 words
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218 1999-10-20 78 Reuters [PAUL, Minnesota] Northwest Airlines Corp, the fourth-largest airline in the US, will no longer carry commercially tendered hazardous goods such as lithium batteries and oil-based paints, on passenger airplanes, the airline said. Northwest will continue to carry such materials when properly prepared forReuters - 218 words
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123 1999-10-20 78 Reuters [CHICAGO] FDX Corp's Federal Express unit has dropped plans to build a US$5O million (5583.5 million) truck distribution facility, partly financed by bonds, at Chicago's O'Hare International Airport. FedEx spokesman Jess Bunn said the facility was no longer needed after the company's acquisitionReuters - 123 words
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125 1999-10-20 78 Reuters [LONDON] French state railway SNCF has pulled out of a consortium with British Airways and National Express to rim Eurostar train services between London's Heathrow and Paris's Charles de Gaulle airports, British newspapers reported. SNCF, which has a 35 per cent share in theReuters - 125 words
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Article1409 1999-10-20 78 orr ruan m man no so2on 2350 mmii mum m mun 2355 1*301 «so w zm mm mm wm mm wm mm mm *—*r*" 6M3 0435 KLtM 2300 r»ii|rtn C2351 2045 C2352 0035 $023 070S mm 2325 mm m me mm 1 SOI75 830 SOU* MS1,409 words
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Advertisement90 1999-10-20 63 f*. < > B IBM jk The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated Shipping Times now features a full page on logistics on Thursday90 words
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Advertisement996 1999-10-20 64 w Bj SBiSff SBo 5? Wfil OOQCMMMM tea m/m m/ii m/ii m/ii m/ii 11/11 11/11 amumm tm nt»• a/11 a/11 m/ii m/ii 0/11 n/n 41/11 S»«SS 2/1? 2ft 152! 22! 22! 22! 22i H■" a/n w n n OOditfMl 17VMS CS/11 IS/11 If/11 21/11 M/ 11 34/11 M/ 11 it/11996 words
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Advertisement536 1999-10-20 64 Unee swvtc* repreeenled s by MamtMra of Vt* RagMry o( AHA M«nb.f»c«f» Accradtod Shipping Agents, filljU Singapore Fratf* Forwarders SfrwNHonalShfrptogAaeoc. Aaaot***. ULY UNB MALI Ivesa I voy leu r« m MUjjl SfOtt MB Princess Uiy V 0999 23/10 26/10 05/11 Empress lily V 0699 09/11 11/11 20/11 Princess Uly V536 words
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Advertisement1027 1999-10-20 65 TO EUROPE FROM EUROPE Jvbsb vot summiwwiouFnia vtssa vor mmmi wv sou mia sw KTOAOON 327W 21/10 13/11 10/11 11/11 00/11 BM SSSI 02/10 29/09 30/0* 27/0* 21/10 wmoun oi*w 22/10 07/11 00/11 12/11 13/11 apikaki out jo/o» 02/10 05/1020/01 23/10 KTMPBOO 321W 25/10 11/11 13/11 14/11 10/11 HOC $2*1,027 words
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Advertisement1880 1999-10-20 65 I H ANJIN SHIPPING ijEfl t Ik Wy«lj» -Sd* 737C73C HAIUM SWPTWG (S) Pit ITD tap //mm imm MOO* *****35 737 SALES *****74 731 DOCUMOT *****71 774 OfEUTXMS *****50 751 MAM UK *****55 FAX *****40 QHO 11 *****0000 M TO NW USA A CANADA USA CANADA* ns vsi/vot Ml umham/voy1,880 words
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Advertisement302 1999-10-20 65 issa w_ _sa_ at wi b iia «i Inssa ygr j |re Ivesa wr rai lin HTIMOMSnMIB BIS IVW B/l# H/W */l# I I Mil Ml WW I aq up »a» ivn w» ww a/w bib aili mi llalirMli i BtrCWMaMK IMS 17/1# 11/1# »im a/n WW Vl# IVl# WW302 words
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Advertisement1264 1999-10-20 66 MR-SENATOR LINES TO UKKX)NTINBNT TO MEDITERRANEANCANAD A ww sm ifw mi w ham wv fu vtssa Ivoy lan an tn ros wc mtr HAMBMAtTA «w* MM M.ll M.ll 17.11 M.ll M.ll 1111 OSRAMERCA MOW I 7110 SJ.II Mil 11.11 13.11 Mil TWO! ETERMTY MOW UII IJ.II 13.11 11.11 IJ.II 13.111,264 words
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Advertisement928 1999-10-20 66 ißkAfl MflC-NELS S PORE M'SIA I rr-TTri Carrier MN COHTR LINES, l*C rquo««(07)«w7» o^s/VIJ "jig?™!™ H*l^*:(B32)Ma«J« PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) 33(3211 P- KELAMO: (03) *****77 JKT (21) *****46 MJCMNQ (062) *****1-3 HO CHI MINH PENANO MV "OPTIMA" V.9965 MV "MELAKA" V. 132N ETA SIN: 22-10-99 ETA928 words
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Advertisement555 1999-10-20 66 Shipping Times, Wednesday, October 20,1999 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO s PORE N SHEW COLOMBO P KLAUS CAPEj*NAVERALVIIIM aOCT 12 NOV MNOV 14 MOV PS«M*V.m n NOV FOR DRY DOCXMK ONLY A VESSEL r 12 MOV II NOV TARPON SILVER VIMW MNOV H NOV a NOV a NOV 15 a555 words
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Advertisement1541 1999-10-20 67 VESSEL VOV KHH HKO SIN PKO PQB PXB DWM BA BIK MANBATTAM PCL-9124 13/10 15/10 10/10 20/10 20/10 30/10 31/10 02/11 04/11 IRAN BAAKERI PCL-512S 20/10 22/10 20/10 27/10 08/11 00/11 07/11 00/11 11/11 IRAN TEYFOURI PCL-5126 27/10 20/10 02/11 03/11 12/11 13/11 14/11 10/11 10/11 MANSNAHRYAft PCL-5127 03/11 00/111,541 words
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Advertisement722 1999-10-20 67 tawmm umm mnii umm, wim ■wto*sTPrnNni»M«ny«nwN»mni TKANSPAORC SBrVKi EXPORT IMPORT VESSEL VOY ISM IIM IMI UttMM IHIIMJIUDMIHN msa rsf is 55 —Si S 'i i 11. uswc/Canada snroq ixpo«t IwiPOtT F is i|iii|i|i m mregsTOM OS3E u/ii n/ii m/ii I«wii/i>a/i> is/is %7i J lAST/WfsT NHOtmmANtAH S«VKI/USiC EXPORT T IMPORT Mt722 words
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Advertisement1156 1999-10-20 68 wB&SSSmx&k WRonAMtummMHMLMmJtXA ISfiP ROB «W HM Df ffi LHV IHV THP ROM ANY* MSG PHI I S6P E. DELUXE RW-TZ 24/10 11/11 IVII 12/11 14/11 15/11 14/11 E. REPUTE Rt-421 >7/11 M/ 11 M/ 11 11/11 12/11 31/19 H/11 t E DfVW€ RW-4T7 31/11 11/11 24/11 21/11 22/11 23/11 24/111,156 words
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Advertisement152 1999-10-20 78 NOTICE TO ALL SHIPPERS OF SINGAPORE BRUNEI EAST MALAYSIA TRADE EMERGENCY BUNKER SURCHARGE Sn« i# W of ,ha rp ll cr J n bunk#r eo»t« in recent months, the following oyritort In the Singapore Brunei East Malaysia Trade i,om Bunker Surcharge applicable are: Laden Eastbound (from Singapore) 20ft Container 5530.00152 words
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