The Business Times, 22 October 1999

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Microfilm: NL21657
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/98 85C SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, OCTOBER 22, 1999
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  • Article
    Lock icon MARKET SUMMARY
    65 1 □sn 2017.50 (-7.98) DBT-SRI mm (-3.07) fRsZMSCI PCTTDBES ■HI 28LM (-2.10) STOCK MABKET INDICES Thursday Change KLSE COUP 738.44 *188 NIKKEI I7.44&27 -8144 HANG SENG 1180.0# >14.44 SET INDEX *722 -1.78 JAKARTA COUP _JH49 +22.06 MANILA OOMP —IJ84J2 -8.0 TAIPEI WPI 7,664 JO -11.74 SEOUL COUP 818*1 -1118
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  • Article
    Lock icon FINANCE
    80 1 FOBEX BATES USS St IJ8I 1.878 £(US$/SJperI) 1.617 1784 E3JRO(USS/S$ per E) 1.878 1J80 DM 1J J4 8.920 YEN 1811 1J74 RM 18M 8.439 HKS 7.781 8116 BAHT 39.16 1843 HJPIAH 7,068 8824 FUME SATES SINGAPORE* 5.86 KUALA LUMPUR 715 JAKARTA 40.00 BANGKOK 1000 MANILA 11 JO MONO KONG
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  • Article
    Lock icon UEM makes less punitive Clob offer
    1025 1  -  More generous deal works ont to 23.8% discount against previous 42% From] Eddie Toh in Kuala Lumpur UNITED Engineers Malaysia has made a more generous some would say, less punitive offer for the billions of dollars worth of frozen Malaysian Clob shares, with lower
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  • Article, Illustration
    Lock icon VP Megawati calls for end of 'the era of abusing the people'
    926 1  -  Stresses economic recovery, legal reform and education Prom Yang Razali Kassim in Jakarta INDONESIAN opposition leader Megawati Sukarnoputri finally satisfied, though only partially, her long and tumultuous quest for political leadership when she was elected yesterday to the
    REUTERS  -  926 words
  • Article, Illustration
    Lock icon 'Sugar daddy' spat has private sector enthralled
    560 1  -  Some amazed, some amused by Philip Yeo-Lee Hsien Yang tiff over Sing Net By I Siow Li Sen [SINGAPORE] The public spat between former SembCorp chairman Philip Yeo and Singapore Telecom head Lee Hsien Yang is being followed closely by the private sector,
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      Lock icon Page 1 Advertisements Column 1
      74 1 IHaIDE Top stories SembCorp Construction breaks $Ib-mark. Pg 4 No QFBs but Maybank, HSBC still gung-ho. Pg 8 UPS launches $100 m fixed bond issue in S'pore. Pg 9 m Li Ka-shing's Hutchison Whampoa accepts £9.8b offer for Orange stake. Pg 13 Exec Money Investment sign-posts for Y2K. EM 12
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      246 1 Invented for you Conceived by Diegutl in 1790, M the automatic PfHM<emefU featured jm moKOutmg wtgbt that M lY Breguet walch has a unique responrewound the nunny~-' t M Today the craftsman's bamd l|||«pV* J M sibilitv; it comes to you carrying the -i ,j/i -o 1 CoWßlfcv <\ O
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      20 1 Beooegas a blue chip? Pg3 Category b the 25 companies, Next Page What went on behind the scenes, Next Page
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  • NEXT page
    • Article, Illustration
      Lock icon What went on behind the scenes
      1693 2  -  Habibie was thrown out as president; Gus Dur elected the country's 4th president and defeated presidential candidate Megawati made vice-president From Yang Razali Kassim m Jakarta IT was clearly not something which Indonesians have seen before. The tension and high drama began last Thursday
      REUTERS  -  1,693 words
    • ON THE grapevine
      • Article
        Lock icon Hotel with the spicy taste
        112 2 MANY people and businessmen still think the operator of Rendezvous Nasi Padang Restaurant owns or has a large stake in Hotel Rendezvous at Bras Basah Road. Reason: the new hotel sits on the site where the restaurant—considered the best nasi padang in Singapore—once stood. However,
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      • Article
        Lock icon A man's world at the IMF
        192 2 ITS clearly very much a man's world at the International Monetary Fund. The IMF's latest annual report has an interesting table on the "gender distribution of staff". If you take all staff at all levels (as of 1996) it's about equal: 54 per cent
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      • Article
        Lock icon That coveted QFB licence
        47 2 A Qualifying Full Bank (QFB) licence is a privilege indeed. On learning that four foreign banks have been awarded the coveted licences, a contact who is waiting to start her new job next month called BT to say: "I'm joining a QFB bank."
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      • Article
        Lock icon Not a QFB? So what?
        55 2 AMERICAN Express Bank, one of the unsuccessful QFB supplicants, is said to have its expectations so tempered by analysts who pooh-poohed its chances that its staff merely shrugged it off when told of the outcome. "Because we were prepared, there is no major dampening of
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    • Article
      Lock icon PM, SM congratulate Megawati
      187 2 Her election as VP reflects her people's faith in her, PM says [SINGAPORE] Prime Minister Goh Chok Tong and Senior Minister Lee Kuan Yew yesterday extended their congratulations to Megawati Sukarnoputri on her election as Indonesia's vice-president. Mr Goh said Ms Megawati's sincerity and genuine concern
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  • SINGAPORE companies
    • Article
      Lock icon Newspaper stake limit law to be amended by Q1
      403 3  -  No entity to be allowed to hold more than 3% of voting shares w Teh Hooi Ling THE Ministry of Information and the Arts (Mita) yesterday said it intends to amend the law by the first quarter of next year to
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    • Article
      Lock icon UEM offer not complete solution: SIAS
      344 3  -  By' Wong Wei Kong THE latest offer by United Engineers (M) or UEM for frozen Malaysian Clob shares still does not appear to contain a complete solution, said David Gerald, president of the Securities Investors Association (Singapore) which represents some Clob investors. And SIAS
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    • Article
      Lock icon Renong as a blue chip? That's really funny: analyst
      260 3  -  update From] Eddie Toh in Kuala Lumpur UNITED Engineers Malaysia raised eyebrows yesterday when it included its debt-lad-en former parent, Renong Bhd, in its basket of 25 blue chips in its revised bid for frozen Malaysian shares previously traded onQlpb. "We
      260 words
    • Article, Illustration
      Lock icon Slightly over half of The Montana sold
      472 3  -  ■il exclusive Buyer said to be property fond from the Middle East By. Kalpana Rashiwala LISTED Koh Brothers has sold a block of apartments at The Montana project off River Valley for about $65 million or above $1,000 per sq ft, sources said.
      SIEW YAW HOONG  -  472 words
    • Article, Illustration
      Lock icon SembCorp Construction breaks $1b-mark
      293 4  -  It is S'pore largest contractor, by value of deals bagged By: Marissa Chew SEMBCORP Construction last year won $1.03 billion worth of contracts, the first time that a local contractor has broken the $l-billion barrier. Among the major jobs it won were the construction of the
      293 words
    • Article
      Lock icon Form: Only 0.1% say yes to George Thia's offer
      172 4 AS expected, George Thia's general offer for Form Holdings at a huge discount to its market price received a paltry 0.1 per cent acceptance at its close yesterday. Nomura Singapore which acted for Form's directors had earlier advised shareholders to reject
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    • Article
      Lock icon Parkway sets up clinical trials division
      268 4  -  By, Andrea Tan PARKWAY Group Healthcare and Covance (Asia) have set up a research centre to conduct clinical trials for multinational pharmaceutical firms in Asia. The clinical research centre was set up at a cost of $500,000 and the market for such trials is
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    • Article
      Lock icon SingTel cuts int'l rates for 4th time this year
      194 4 Reuters SINGAPORE Telecommunications Ltd said yesterday it had cut its international rates for the fourth time this year. It said in a statement that it would cut international rates for calls to France and The Netherlands by 7.7 per cent from
      Reuters  -  194 words
    • COMPANY Briefs
      • Article
        Lock icon New deputy chairman for PacNet
        34 4 Bloomberg PACIFIC Internet (PacNet) has named Ko Kheng Hwa as its deputy chairman. Mr Ko, who serves as chief executive of Jurong Town Corp, is also the former chief
        Bloomberg  -  34 words
      • Article
        Lock icon Li ups stakes in PCRD
        60 4 HONGKONG-BASED tycoon Richard Li has upped hit stake in Pacific Century Regional Developments (PCRD) in the current weakness in the stock market Through Pacific Century Group (Cayman), Mr Li bought 801,000 shares at an average $9.1866 a share. This brings PCG's interest In the Singapore-listed
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      • Article
        Lock icon SingTel sells stakes in Advanced units
        128 4 Reuters [BANGKOK] Advanced Info Service pic said yesterday its major shareholder Singapore Telecom International Pte Ltd (Sing Tel) had sold majority stakes it owned in two units to the company for a total of 281 million baht (SHI.9 million). It said in a statement
        Reuters  -  128 words
    • Article
      Lock icon For how long can local banks stay in comfort zone?
      620 4  -  lock siew lee han shih YOU can imagine the loud sighs of relief in the boardroom of every local-ly-listed bank in Singapore. Why? Because over the weekend, the Monetary Authority of Singapore instructed US fund manager Brandes Investment Partners to
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    • Article, Illustration
      Lock icon Turning his dreams into (virtual) reality
      443 5  -  PEOPLE Tah Hooi Ling A CHILDHOOD fascination with technologies found in movies like Star Wars and Star Trak ted an A-level "kid" to develop his own virtual reality technology. Today, 31-year-old James Urn's "hobby" is worth US$3O million (5533.4 million) and ha aims to
      WONG KWAI CHOW/ST  -  443 words
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      74 3 Ic I .ryk Gold Hampton M>Lt_Eis m•% 4f I•' 4g> «< Life I Lifestyle baume mercier J GENEVE -1830 AVAILABLE AT Piaget *01-096 Ngee Ann c«ty Tower B 391 Orchard Road Tel 732 6831 Chew Cr>eong Watch Centre Cortina Watch Centre De»u*e Eastern Watch Dickson Watch jewe!!en, Precious Time Roy
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      314 4 Collective Sale by Tender LARGE PRIME DEVELOPMENT SITE Property Grenville Condominium Location Mt. Sinai Lane/ Holland Land Area 19,544.4 sqm ifl (approx. 210,375 sqft) X x 5 x\s) Tenure 999 years wet 1885 pWW Planning Residential Plot Ratio j&j /ffl r Parameters 1.4,4-storeys j&J Description Located near to Henry V
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Market reverses early gains as US index futures tumble
      554 6  -  I-I I comment STOCKS r.sivanithy RIDING on the back of a strong overnight rally on Wall Street, the local stock market continued its recovery yesterday from the walloping it suffered earlier in the week. But a steep early rise that took
      554 words
    • Article, Illustration
      Lock icon AFP shares a better buy than the warrants
      150 6  -  WARRANT WATCH By) R Sivanithy INDONESIAN-linked counters have perked up recently because of the country's elections and there are a few possibilities for punters to consider when it comes to looking for associated warrants. Asia Food Properties is one, since the underlying
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    • Article, Illustration
      Lock icon Watch out for L&M units' listing
      267 6  -  HOT STOCK -By Wong Wei Kong WITH the attention on Indonesia's presidential elections, the spotlight fell on In-donesian-linked stocks yesterday. Optimism over the election results led to a rally by these counters. One stock which benefited was L&M Group Investments, which rose 5.13 per
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    • Article
      Lock icon Diary of events
      83 6 Friday, Oct 28 Singapore ♦spm. Reims* of ST Engg results A niJTMtln IMI dnil finmi Ml IMA for 9 months ended hept 30, l9w ♦10am. San Teh Ltd extraordinary general meeting ♦10.90 am Distinguished Partner in Progress Award Ceremony for DuPont Singapore and Seagate releases weekly report
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    • Article, Illustration
      Lock icon Indon events still taking centre-stage in Asia trade
      456 6  -  :f j comment CURRENCIES Election of Megawati as vice-president could see US$ test 1999 low of 6,600 rnpiah larry wee ASIAN currency market action continued to be dominated by the fortunes of the Indonesian rupiah in trading yesterday. The unit rose by
      456 words
    • Article
      Lock icon Untitled
      423 6 Stocks Volume Golden AgriUSlOc 29,270,000 Asia FoodAProp US$ 26,674,000 NMHUgs20c 10,075,000 •Gantong In* 8,736,000 CM Telecom HK75c 5,860,000 Medteca US5c 5,650,000 Asia Food WtOS 5,096,000 SingTel 15c 4.392.000 GES Intl Ltd 20c 4,004,000 Yongnam 20c 3,923,000 Stocfca OCBC 39,576,000 SPH 35,381,063 DBSGip *****.051 SIA 19,072,430 Kappal Coqj 16,605,625 City Dev
      423 words
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      388 6 SINGAPORE SYMPHONY oRCHESTRAjm CELEBRATING 2 0 'YEARS OF FINE MUSIC A TEMPEST IS BREWING Prepare yourself for a trail of moving concerts by our distinguished guest conductors Set sail for a seafaring adventure as we bring you Shakespeare's The Tempest r amongst other classical favourites. From 29 Oct at the
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      16 6 Going to trade online? You need DBS investor Online Simply the best Call 323-3955 831 )USBANK
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      142 7 yC UMi/ vri a/ e/c o m &/ro/ny (jLfl {f/w/6 of~ (jom/ia/ue-s. J^l y IBM J- -,;.'v *;<*- «j£ Jfc%^iot i Hf, JjH t-fPI SHS Mr fl P^S tLffe I 'A l!rfv Wm iiyi W£t%- -yfeflplßL f 1 1m *3B 'l«;> i vC£i m JBr liil jir i, 'I -JIBBIB
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  • SINGAPORE news
    • Article, Illustration
      Lock icon No QFBs but Maybank, HSBC still gung-ho
      840 8  -  Elation palpable as winners Citibank, BMP, ABN Amro, Stanchart swamped by congratulatory messages By I Siow Li Sen WHAT happens when things do not go your way? For two banks here, it is getting tougher and more aggressive. Leading foreign banks Maybank and
      840 words
    • Article, Illustration
      Lock icon Library@ Orchard opens its doors to the public
      159 8 [SINGAPORE] Minister for Information and the Arts Lee Yock Suan yesterday announced the official opening of Library@Orchard as he reaffirmed the role that libraries play in Singapore's move towards a knowledgebased economy. Located on the sth level of Ngee Ann City's Podium
      ARTHUR LEE  -  159 words
    • Article
      Lock icon S'pore firms in US$1.1b M&A deals in 3rd qtr
      291 8  -  They are No 2 in Asia-Pacific after Japanese By Wong Wei Kong SINGAPORE companies are on the prowl. In the third quarter, Singapore companies made acquisitions worth US$l.l billion (SII.B billion), the second biggest buyers in the Asia-Pa-ciflc after Japanese companies
      291 words
    • Article
      Lock icon Sept visitor arrival growth second highest this year
      310 8 Growth broad-based; Africa and Asia continue to lead GROWTH in visitor arrivals in September has turned out to be the second highest this year on a year-on-year basis, with the African and Asian markets leading the way. The Singapore Tourism Board yesterday
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    • Article
      Lock icon Corrections and clarifications
      56 8 IN the story headlined "MAS: No flip-flop on stake limit rule" in BT yesterday, MAS deputy managing director Tharman Shanmugaratnam was misquoted as saying "Bank trustees are not caught under that section (Section 17 of the Banking Act)." What he said was "bare trustees", not "bank trustees".
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    • Article, Illustration
      Lock icon Want Want on its warrant exercise price
      793 8  -  MAXLBAG Adams Lin Feng I Director Want Want Holdings Ltd WE refer to the articles which appeared in the Hock Lock Slew and the Singapore Markets columns of BT dated 16 and 18 Oct respectively, by your R Sivanithy in relation to the
      793 words
    • Article
      Lock icon CPFIS processes under review
      273 8  -  Tan-Huang Shuo Mei (Mrs) Assistant General Manager Customer Service Department CPF Board WE refer to the letters "Why can't CPF take on agent bank role?" by Stanley Chua, "Agent banks add no value" by David Loh (BT, Oct 12) and "CPF can drop agent banks in
      273 words
    • Article, Illustration
      Lock icon Pharmaceuticals set to take lead
      312 9 PI ~on the economy exports PHARMACEUTICALS will replace electronics as the key export growth sector in the years ahead, says broking firm Kay Hian in a recent commentary on the Singapore economy. Over the past four years, Singapore's electronics exports have, in absolute US dollar
      Source: CEIC Database  -  312 words
    • Article
      Lock icon Use Java and tap into a US$48m fund for start-ups
      388 9  -  Fond set np by Su, big regional Investors will link np with US Java. Fnnd By] Kenneth James MORE money is now available to technology start-ups, following the launch yesterday of a US$4B million (SsBo million) fund by computer nutfor
      388 words
    • Article, Illustration
      Lock icon UPS launches $100m fixed bond issue in S'pore
      455 9  -  The bonds are due on Nov 2004, priced at $99.90, bear coupon of 4J>% By\ Marcus Hand [SINGAPORE] US express distribution giant. United Parcel Service of America (UPS), has launched a $100 million fixed bond issue in the Singapore dollar bond market,
      SIEW YAW HOONG  -  455 words
    • Article, Illustration
      Lock icon Creative winners
      83 9 [SINGAPORE] The jubilant team from Saatchi Saatchi after winning the Golden Gong prize at the 1999 Singapore Creative Circle Awards on Wednesday. The annual event is organised by the Association of Accredited Advertising Agents Singapore to recognise the best in the local industry of over 300 agencies. This
      ARTHUR LEE  -  83 words
    • Article, Illustration
      Lock icon Asian well-to-do quite unscathed by crisis: poll
      318 9  -  By Marissa Chew ASIA'S elite and affluent appear to have survived the crisis pretty unscathed with car ownership and holiday trips within Asia holding steady while ownership of computers and mobile phones has even gone up in the past two years. The one
      Source: AC Nielsen  -  318 words
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      7 9 GAX& Buy It. Sett It. Find It.
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      84 9 t COLLECTIVE SALE BY TENDER PRIME RESIDENTIAL SITE DUCHESS AVENUE "SS? Site Area Approx. 57,145 sq. ft r) Tenure 999 years Jjy Pkrt Ratio/Height Control: 1.4 Up to 4 storeys TOP SCHOOLS VERY EXCLUSIVE. jrcofcg. 5 minutes walk to Bukit Timah Road, Coronation Plaza, Nanyang Primary School and the new
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      52 9 ojll THE WORLDS LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS -.1 s .fulud.ncj ."taots. (Wftered IK f st t .o company r gB la* areas Incorporation Fees from U***** J BAHAMAS JERSEY V A BRITISH VIRGIN MAURITIUS B- f ISLANDS W F J* SEYCHELLES Jfift P CAYMAN ISLANDS SAMOA W
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      131 9 Mt- f if a <jpyi The future is looking more affordable. 1 j Does the Mercedes-Benz A-Class take your fancy? It's not surprising. This revolutionary new car is really turning heads. Now it's even easier to own. For just $888 a month, you could be driving this trendsetting car. Also
      131 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Clinton must take blame for treaty fiasco
      752 10  -  bottom line OPINION leon hadar The writer is BT's Washington correspondent US President Bill Clinton has decided to use the Senate's rejection last week of the Comprehensive Test Ban Treaty (CTBT) as an opportunity to bash the Republicans on Capitol HilL He suggested
      752 words
    • Article
      Lock icon IN OTHER WORDS
      114 10 'Nuclear weapons equal deterrence. If there were no punishments for rape, we would all be rapists.' Khfafl" Ntahimnra Japan's vice-minister for defence, who felt that since other countries considered Japan a target. Parliament should "consider the possibility that Japan would be better off if it armed itself
      114 words
    • Article
      Lock icon Gus Dur has no time to lose
      610 10 EDITORIAL INDONESIA'S first democratically elected president, charismatic Islamic leader Abdurrahman Wahid will have almost no opportunity to savour his come-from-behind victory as he attempts to put the country back on its feet And it is a blessing that his political rival, Megawati Sukarnoputri,
      610 words
    • Article, Illustration
      Lock icon Longer hours won't help sleepy market: brokers
      888 10  -  Bat ease with which Philippine firms can be listed elsewhere may lead to changes By\ Dominic Diongson Bloomberg AS MANY of the world's stock exchanges prepare for night-time trading, Philippine brokers are resisting the idea of trading alter lunch. "Longer hours?" says Gloria
      Bloomberg; FILE PHOTO  -  888 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      1016 10 Russia's wild card RUSSIA has a very valuable wild card to play in the next round of the nuclear arms race... The US has approached Russia to offer to renegotiate the 1972 anti-ballis-tic missile treaty. The US needs Russia's signature on the dotted line before it
      1,016 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Tenaga bounces back with RM773.5m profit
      562 11  -  Strong results after last year's over RM3b loss come at top end of estimates From. Diana Oon Abdullah in Kuala Lumpur NATIONAL power company Tenaga Nasional yesterday announced a strong set of fullyear results, returning to the black with net earnings which were on
      FILE PHOTO  -  562 words
    • Article
      Lock icon OCBC (M) expects to double pre-tax gain
      208 11 KUALA LUMPUR SINGAPORE-OWNED OCBC Bank (M) Bhd, the second largest foreign bank in Malaysia, expects pre-tax profit for the year to December 1999 to more than double the 105 million Malaysian ringgit (Ss46 million) it achieved last year, The Star reported yesterday. OCBC
      208 words
    • MARKET moves
      • Article
        Lock icon Bank stocks in play again
        119 11 BANKING stocks were again in the limelight yesterday. This followed Bank Negara's announcement that financial institutions can break the memorandums of understanding they signed to merge with so-called "anchor" banks. This meant that banks such as Hong Leong Bank, Arab-Malaysian Bank and RHB Bank—not designated
        119 words
      • Article
        Lock icon C&C Bintang is day's top loser
        44 11 CONFIRMATION that Cycle Carriage Bintang is talking to DaimlerCrysler on the possible loss of its Mercedes Benz franchise sent the stock tumbling yesterday. Cycle Carriage Bintang was the biggest loser in absolute terms, plunging 50 sen to RM7.80.
        44 words
      • Article
        Lock icon Active trade in Renong
        86 11  -  Compiled by Ruth Wong SHARES of conglomerate Renong Bhd continued to be actively traded on the Malaysian bourse yesterday as investors tried to second guess the new offer by its associate, United Engineers (Malaysia) Bhd (UEM), for frozen Malaysian shares previously traded on Clob in Singapore.
        86 words
    • Article
      Lock icon Number of 'anchor' banks not fixed: BN
      422 11 mergers KUALA LUMPUR It's up to the banks to decide, says governor Ali Abul AFP, AFX-Asia MALAYSIA'S central bank said yesterday that banks will be free to choose the number of groups they will form in a consolidation process, a day after ditching
      AFP,; AFX-Asia  -  422 words
    • Article
      Lock icon RHB to consider all merger options
      242 11 KUALA LUMPUR AFXAsia, Reuters THE RHB Group yesterday said it was examining all of its options after the central bank said financial institutions could choose their own merger partners. "The RHB Group is currently examining all of its options in light of last evening's
      AFX- Asia,; Reuters  -  242 words
    • Article, Illustration
      Lock icon More IPOs likely even with stricter rules: SC
      425 13 SINGAPORE Improving economy means more M'sian firms able to meet tighter criteria Bernama MORE Malaysian companies are expected to make initial public offers despite the tightening of the listing criteria this year to ensure quality players on the bourse, said Malaysia's Securities
      Bernama  -  425 words
    • Article
      Lock icon Anwar trial: Dr M ordered to appear
      221 13 KUALALUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad was yesterday ordered to appear as a witness in the sodomy trial of his sacked former deputy Anwar Ibrahim. After a debate with defence lawyers who wanted Dr Mahathir to be summoned on Monday, High Court
      AFP  -  221 words
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      63 11 LET your lungs burn. I fl MOONTAIN TAKES ITS TIME TO TELL YOB f j WHAT IT HAS TO TELL YOB. i sr j i* Nk' <\4 The Ti mberland store: Centrepoint Marina Square 6* fVIOCffsiT A.fNj 1. Snop-in-snop: Isetan Scotts Sogo Raffles City TakashimaVa^l^gs TiMBLOLAND > „•"*>* ar n
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      85 12 >. f In recognition of our near-century long commitment to Singapore, Citibank is honoured to be awarded a Qualifying Full Bank (QFB) licence. We see this milestone as an excellent opportunity to contribute to Singapore's growth as a world-class financial centre. As well as continue to serve our customers with
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      384 13 5 Corum Timepiece CO RUM Exhibition Founded in 1955. CORUM is today recognised by the watch-making industry as The Watch-Making House of the 21st Century". Come experience finer moments in time at Cortina Watch Centre's exclusive exhibition of CORUM's extensive range of exquisite timepieces. Join us at Paragon #01-13 from
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  • SOUTH east asia
    • Article
      Lock icon Siam Commercial's first Thai bank with Q3 profit
      560 14  -  Banks' operating profits to improve in Qi bat net to remain in the red: analyst From. Harish Mehta in Bangkok THE fortunes of Thai banks are improving as Siam Commercial Bank yesterday reported a small profit in the third quarter becoming the
      560 words
    • Article
      Lock icon Salim Group transfers more Indocement shares to Ibra
      262 14 JAKARTA Reuters CEMENT producer PT Indocement Tunggal Prakarsa Tbk said yesterday that its owners, the Salim Group, had transferred more shares to the Indonesian Bank Restructuring Agency (Ibra) to repay the group's debts to the agency. Indocement said in a statement to
      Reuters  -  262 words
    • Article
      Lock icon BPI secures vantage position in banking after merger: analysts
      378 14 MANILA They say it will easily overcome teething problems Reuters BANK of the Philippine Islands, which has created the largest bank in the the country after a merger with Far East Bank, will easily overcome the teething troubles associated with an
      Reuters  -  378 words
    • Article, Illustration
      Lock icon Practice makes perfect
      38 14 [BANGKOK] The Suphannahongse royal barge making its way along the Chao Phya River during a practice procession in Bangkok yesterday. The royal procession will be held in November to mark the King's 72nd birthday. REUTERS
      REUTERS  -  38 words
    • Article
      Lock icon Time running out for ailing Mondragon
      670 14 MANILA Philippine casino resort owner caught in a Catch-22 Bloomberg JOSE Antonio Gonzalez took three decades to turn Mondragon International Philippines Inc from a staid trading firm into the owner of one of the nation's flashiest resorts. Now, creditors are after his assets, the
      Bloomberg  -  670 words
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      429 14 lilt iiiui|friiii MAYFRAN INTERNATIONAL LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT NOTICE OF BOOKS CLOSURE DATE PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 130,000,000 NEW ORDINARY SHARES OF $0.15 EACH ("RIGHTS ISSSUE") IN THE CAPITAL OF MAYFRAN INTERNATIONAL LTD ("MAYFRAN") AT $0.15 FOR EACH RIGHTS SHARE ON THE BASIS OF TWO
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  • EAST asia
    • Article, Illustration
      Lock icon Hutchison accepts £9.8b offer for Orange stake
      631 15  -  Deal from Mannesmann works ont to £1629 per Orange share Froml Meera Tharmaratnam in Hongkong CONGLOMERATE Hutchison Whampoa, controlled by billionaire Li Ka-shing, yesterday said it had accepted a £9.8 billion (5527.3 billion) offer from Mannesmann AG for its controlling stake in UKbased
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    • Article
      Lock icon Taiwan's export orders post modest 3.5% growth in Sept
      416 15 TAIPEI Data shows that killer quake did only limited damage to island's exports: analysts AFP STRONG demand for electronics and communication products helped Taiwan post modest growth in export orders last month despite the killer earthquake which struck the island, official
      AFP  -  416 words
    • Article
      Lock icon China to keep fiscal stimulus policy next year: officials
      247 15 BEIJING Reuters CHINA will maintain its stimulative spending policy next year to help bolster the economy, government officials were quoted as saying yesterday. "The government will continue implementing pro-ac-tive fiscal policies next year," China Securities quoted Qie Jianwei, deputy director of
      Reuters  -  247 words
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      62 15 PUBLISHED WITH THE NEW VO r Early warning system. Being alert to global trends prepares you for the impact they will have locally. The International Herald Tribune detects the early warning signals and identifies the opportunities and the threats. Straight and to the point. Pick up your copy right away
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      1523 16 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 r ENGINEERING LI Ml TED NOTICE Of EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of the Company will be held at 10 Penjuru Close, Singapore *****8 on 18 November 1999 at
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      890 16 r 1 Standard S Chartered *****,000,000 Floating Rata Negotiable Singapore Dollar Certificates of Deposit due on 22 July 2002 In accordance with the provisions of the above mentioned Certificates of Deposit, notice is hereby given that for the Interest Period from 22 October 1999 inclusive to 24 January 2000 exclusive
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      595 16 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of UNIVO4CE PTE LTD (In Mimfclf Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act. Cap.so, mat a Final General Mooting of the abovanamad Company wW bo hold at 9 Ponang Road
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      783 16 US$BO,OOO,OOO FLOATING RATE NOTES DUE 2000 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 3-month period from 22nd October 1999 to 24th January 2000 (94 days) is 6.00% per annum with a Coupon Amount of U553,133.33 payable for every
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      487 16 Form 69(3) Notice of initncMO urvKMna Name of Company: Celebritiea Aaia Theme Restauranta (S) Pte Ltd (Under Creditors' Voluntary Winding Up) Address of Registered Office: Formerly of 2SB Kreta Ayer Road. Singapore *****3 Court Number of Matter: N/A Last day for receiving proofs: 30 November 1999 Name of Liquidators: Foong
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      446 16 NOTICE IS HEREBY GIVEN that I, CHARLES-ANDRE FEL of 9 Nathan Road #0601 Regency Pack Singapore *****0, have applied for a Wholesale liquor Shop licence in respect of M/s Bistrot Paris Pte Ltd located at No. 8 New Industrial Road #03-048 LHK3 Building Singapore *****0, and that this application will
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  • SOUTH asia
    • Article
      Lock icon Indian Cabinet gives nod to insurance plan
      630 17 NEW DELHI Proposal to let foreigners into USsBb industry will now be tabled as a bill in Parliament Reuters Bloomberg, INDIA'S new Bharatiya Janata Party-led government moved a step closer to let foreigners into the country's US$B billion (5513.4 billion) insurance industry after
      Reuters; Bloomberg,  -  630 words
    • Article, Illustration
      Lock icon Snaps for snap polls
      69 17 [COLOMBO] A bystander looking at posters of President Chandrika Kumaratunga in Sri Lanka's capital, which appeared after she called for snap presidential polls to be held held in the next two to three months. Political analysts said the snap polls were a bid to try and
      REUTBRS  -  69 words
    • Article
      Lock icon Pakistan central bank tightens laws on credit financing
      284 17 KARACHI Move in line with Musharraf 8 orders to crack down on loan defaulters Bridge News THE .central State Bank of Pakistan has toughened laws on credit financing which use shares as collateral as part of its ongoing drive to get strict
      Bridge News  -  284 words
    • Article
      Lock icon 2m Indian truckers on strike
      119 17 AFP [NEW DELHI] More than two million Indian truckers began an indefinite strike yesterday to protest against the government's refusal to roll back a steep hike in diesel prices. The All India Motor Transport Congress, which represents 32 national cargo haulers' unions, said more than
      AFP  -  119 words
    • Article
      Lock icon Tata Steel's Q2 profit falls 5.5% on interest costs
      197 17 BOMBAY Bloomberg TATA Iron Steel Co, India's second biggest steelmaker, said its second-quarter profit fell a surprise 5.5 per cent, as the cost of money borrowed by the company to expand its business rose. Profit fell to 653.9 million rupees (5523.5
      Bloomberg  -  197 words
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      1 17 waSRI
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      468 17 KPMGSeminarSeries Insurance Seminar Tuesday, 2 November 1999, 9.00 am to 5.30pm Orchard Hotel, Level 3, Ballroom 1 The Insurance Steering Committee of the International Accounting Standards Committee ('IASC') is expected to release an issues paper on accounting for insurance contracts in the last quarter of 1999. This is part of
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  • WORLD news
    • Article
      Lock icon Philips Q3 profit more than doubles to 374m euros
      388 18 AMSTERDAM Bloomberg ROYAL Philips Electronics NV, Europe's largest consumer electronics maker, said third-quarter profit more than doubled as investments in Asia paid off and it sold more mobile phones and monitors. Profit rose to 374 million euros (***** million), or 1.12
      Bloomberg  -  388 words
    • Article, Illustration
      Lock icon US slowdown threatens global markets: Mundell
      460 18 NEW YORK AFP A SLOWDOWN in US economic momentum could trigger a slump in global financial markets over the next few years, Robert Mundell, winner of the 1999 Nobel Economics Prize, warned yesterday. Professor Mundell, in an interview with AFP, also described gold as
      AFP  -  460 words
    • Article
      Lock icon ECB leaves rates unchanged but may raise them in 2 weeks
      624 18 FRANKFURT Analysts see rates rising at next meeting to curb inflation as region rebounds Bloomberg THE European Central Bank left interest rates unchanged yesterday, though analysts predict the bank will raise borrowing costs in two weeks to stifle inflation
      Bloomberg  -  624 words
    • Article, Illustration
      Lock icon The virtual empire drives back
      54 18 [MAKUHARI, Japan] Japanese reporters wearing three<iimensional image-viewing headgear as they watch a virtual driving show at Fuji Heavy Industries's display booth during a press preview of the Tokyo Motor Show here, east of Tokyo, yesterday. The show will be open to the public from tomorrow
      REUTERS  -  54 words
    • Article
      Lock icon IMF stretched by Asian meltdown, Russia and Brazil
      270 18  -  SINGAPORE In last 2 financial years, it committed USsB6b in loans By Vikram Khanna THE Asian meltdown and the crises in Russia and Brazil have stretched the International Monetary Fund (IMF) financially like never before. The Fund's latest annual report reveals that
      270 words
    • Article
      Lock icon Nokia 3rd-qtr profit up, vows to raise 1999 sales by 40%
      312 18 HELSINKI Reuters FINNISH telecom equipment maker Nokia vowed yesterday to boost sales by 40 per cent this year after posting best-ever third-quarter earnings that confirmed its global lead in mobile phones. Nokia's third-quarter pretax profits jumped 36 per cent
      Reuters  -  312 words
    • WORLD Watch
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        Lock icon Merck's 3 rd-qtr profit rises 13%
        57 18 Bloomberg [WHTTEHOUSE STATION, New Jersey] Mark A Co Mid: third-quarter profit rose 13 per cent m it sold more of Its cholesterol reducer Zocor, heart pfflCosaar and a new jgl painkiller, Vioxx. Net income rose US$l.54 billion(Ss2.6 billion), or 64 US cents a share.
        Bloomberg  -  57 words
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        Lock icon Novartis revenue rises 3rd qtr
        45 18 Bloomberg [BASEL] Novartis AG said third-quarter revenue roes to 7.88 billion Swiss francs (SsB.9 billion) from a restated 7.55 billion a year earlier. That beat the 7.53 billion francs expected, on average, by eight analysts in a Bloomberg News poll.—Bloomberg
        Bloomberg  -  45 words
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        Lock icon Barbie maker sees tide in 3 qtr
        75 18 Bloomberg fcL NDO, California] Mattel Inc said third-quarter profit fell 42 per cent an slow software sales, asdwmd that earnings for the year will be lower than expected. Net Income fell to U*****.3 million (SsBB&2 million), or 81 US cents a share, from
        Bloomberg  -  75 words
      • Article
        Lock icon Dow Chem profit up 7% on price
        85 18 Bloomberg [MIDLAND. Michigan] Dow Chemical Co said third-quarter profit rose 7.4 percent as it raised priceefer basic chemicals and switched to cheaper raw materials. Net income roipe to UBs3ao million (***** million), or US$l.44 a share, from profit from operations of US$29B million,
        Bloomberg  -  85 words
      • Article
        Lock icon Glossy profits for ICI
        57 18 Reuters [LONDON] Britain's Imperial Chemical Industries pic reported a stronger than expected rias in third quarter earnings. ICI reported profit befbra tax, exceptionals and goodwill rose 53 per cent to £107 million (Ss297.Bmillinn) In the third quarter ofl99ocompared witii £70 million previously. Analysts had forecast profits
        Reuters  -  57 words
      • Article
        Lock icon SmithKKline profits up,share price
        65 18 Bloomberg [LONDON] SmlthKllne Beecham pk said thint-qogter pre-tax profit rose a greater-than-expected 16 per cant to £487 million (Ssl .3 billion) or 5.5 pence a share, from £408 million, or 4.8p a share, a year ago. But its shares slumped as much as 11 per cent
        Bloomberg  -  65 words
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      Lock icon Lawyers waiting for Y2K blame cases
      614 18 WLLBNIIZOM BUG FEARS Spate of lawsuits expected if millAnninm hng mm widespread systems failure Reuters LAWYERS and the millennium computer bug are about to demonstrate again that it's an ill wind that blows nobody any good. If computers around the world succumb to the
      Reuters  -  614 words
    • Article
      Lock icon IBM expects profit to be 15% lower in next two quarters
      388 19 NEW YORK Y2E woes stnnt demand for big mainframe systems; company's shares fall 16% after announcement NYT INTERNATIONAL Business Machines Corp (IBM) fell US$l6 7/8, or 16 per cent, to US$9O 1/8 in early New York trading yesterday after
      NYT  -  388 words
    • Article
      Lock icon SAP profit in Q3 plunges 64% on slowing sales growth
      274 19 FRANKFURT SAP, Europe's biggest software company, on Wednesday reported a 64 per cent fall in third-quarter pre-tax profits to 79 million euros (*****.5 million), after slower than expected sales growth in the US, Japan and the UK. SAP, which warned
      274 words
    • Article
      Lock icon UPS offering may be biggest IPO in US yet
      328 19 NEW YORK Listing could value express delivery company at USssob FT [NEW YORK] United Parcel Services, the world's largest carrier of express packages, is set to deliver one of the largest initial public offerings in US history. The group, which has
      FT  -  328 words
    • Article
      Lock icon AOL to invest US$800m in Gateway
      271 19 NEW YORK FT NYT EXPANDING its growing domain into the PC market, America Online (AOL) punctuated a stronger than expected earnings report Wednesday by announcing it would invest US$BOO million (Ssl.3 billion) in Gateway Inc, taking a 5 per cent stake in the maker
      FT; NYT  -  271 words
    • Article, Illustration
      Lock icon Wait-er minute, is that Bruce?
      60 19 [MADRID] US actor Bruce Willis handing over a briefcase used in the movie 'Sixth Sense'as a gift to the Planet Hollywood restaurant in Madrid on Wednesday. Willis was to work as a waiter later that day in the Planet Hollywood restaurant to collect money for
      AFP  -  60 words
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      138 19 NCB Intelligent Island Public Lecture AI jHHi fl w 1 |T |yi g W I WITH CHIE# Operating Sun The way companies operate in the new millennium will change as the Networked Economy takes hold in every country. Corporations will need to MONDAY rethink their IT strategies and invest in
      138 words
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  • FINANCE & commodities
    • Article
      Lock icon Futures end lower after volatile session
      235 20  -  SI M HI Reports f| fflngapftra TnAw Daphne Tay, Jardine Fleming THE Singapore stock market closed lower yesterday, unmoved by the spectacular overnight gains on Wall Street. Major regional markets were also negatively affected foUowing International Business Machine's profit warning over Y2K-related issues. Both
      235 words
    • Article
      Lock icon Futures end unchanged
      206 20  -  MSCI Taiwan ftiturea Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday finished with both the settlement for its October and November contracts unchanged from its previous close. It opened higher though on optimism following Nasdaq's gain of 99.95 points. Taiwanese retailers were sellers
      206 words
    • Article
      Lock icon Oil floats higher as Opec considers extension of output cuts
      227 20 ENERGY REPORT Reuters [LONDON] Oil traders were facing fresh uncertainty yesterday after Saudi Arabia's Oil Minister Ali al-Naimi said Opec was considering extending the duration of output limits. International marker Brent crude traded 25 cents higher at U5522.12 a barrel
      Reuters  -  227 words
    • Article
      Lock icon CURRENCY REPORT
      309 20 AFP, Reuters THE euro firmed against the US dollar yesterday even though the European Central Bank kept interest rates steady at its policy meeting, as expectation of an eventual rate rise and concern over US stocks persisted. It briefly spiked down when the ECB announced after its governing
      AFP,; Reuters  -  309 words
    • Article, Illustration
      Lock icon Untitled
      1063 20 mTEBBlMK CROSS RATES pag; H C$ >■> I— FTr Da m HHtiNrt* Yw Wo« IH |g$P*»» N» t— HT> Mt Mrtwli 0-«M WJ M« inr 1040 »W«-737 0.688 7.820 2.4*5 1.259 33.605 26.062 1083 3.972 0.958 *****4402 0J89 0449 CM* 1038 4986 0424 4096 L221 5l229 ***** 47.452 0.714 4114
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      Lock icon Untitled
      1579 20 8XC0M FUTUUBS Oct: ,OM MM op mm Hp *mm) ttomt N»»99 107.25 900 OK 99 109.25 BOO JMOO 112.75 100 F»0Q *25 100 OfM wmm Um fE (t >) iwtfrt Mtt9» *425 50 025 Sac 99 6525 450 1025 JM00 67.50 *1320 FM00 69.75 3W TSI20FQ«C0lfTMCT(UScNts/kQ) Mm OpM Mowtfc i
      1,579 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Strong New York rally boosts Hang Seng
      2686 21 HONGKONG AFP fl Hang Seng *2144 HONGKONG share prices rose 0.2 per cent yesterday, rolling back strong early gains notched up on the back of a firmer Wall Street. Dealers said sentiment was underpinned by news that Hutchison Whampoa had sold its 44.8
      AFP  -  2,686 words
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      Lock icon CHINA
      951 21 AFP, AFX-Asia P Shanghai B Index -0.70 THE Shanghai Stock Exchange's B Share Index, which tracks shares nominally reserved for foreigners, shed 0.70 point to close at 38.20. The A Share Index ended down 29.02 points, or 1.8 per cent, at 1,550.51. "A panicky mood triggered by the drops
      AFP,; AFX-Asia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  951 words
    • Article
      Lock icon TAIPEI
      333 21 AFP VP Index -1L74 TAIWAN share prices closed 0.2 per cent lower yesterday as late selling eroded early gains, dealers said. "Investors were reluctant to push the upside...there is no volume to fuel the index," said Calvin Chiang, senior analyst with Capital Securities. The Taiwan Stock Exchange Weighted Price
      AFP  -  333 words
    • Article
      Lock icon Investors wary of Down's outlook
      1950 21 TOKYO AFP □ffiUui22s -8144 SHARE prices in Tokyo fell 0.5 per cent yesterday on concerns about the outlook for Wall Street, brokers said. The Nikkei Average of 225 selected issues finished down 86.44 points at 17,448.27. The broader Topix Index of all firstsection issues was
      AFP  -  1,950 words
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      86 22 1 ~~BP ~K fy BMKMp *3- M(F- ss" TMTIIKiMi t B W V > —^*~LN^ft>TysM^Fi^B^Fl^^^^^^l^BiH^^^B^Hßll^^^lßl^^^^^B^^^l^^lßßll^^^Bßl^dßßlß"iTßf l T'^^E' I i Ji 1 1 I 9 f I I I IB i£y*e v,**- V i" > jHf II jK K S s H H 41 Jj B B M IB i^H IB
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  • STOCKS klse
    • Article
      Lock icon Untitled
      7940 23 MDUSTttALS Cmumt ptiMt 1999 Last Vol Oey Net Cee W0I Leer Cl«>«ey 810 •OOP High Law P/I »aMi 440 235 Ajlnomoto 310 19.7 125.6 174 46 Angkasa 96 1416 404 220 Apollo Food Hlg 316 unch 3 316 316 7.3 126.4 294 115 Ber)ayaLand 179 2 110 WO 17S 3.7
      7,940 words
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      Lock icon Banks up on more flexible merger plan
      357 23 AFP Fl Composite Index +2.06 MALAYSIAN share prices ended OJ3 per cent higher yesterday boosted by news that banking institutions were now allowed to make their own merger plans, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 2.08 points to finish
      AFP  -  357 words
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      35 23 Take the Market by the Horns with S&P~Bour se r '""'x For more information, call the S&P Bourse Hotline NOW' 530 6500 www.spcomstock.com.sg i, „y, Live stock quotes, charts, studies and news via the Internet
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  • SES clob & regional stocks
    • Article
      Lock icon Untitled
      2396 24 BONDS A WARRANTS octv m Mi i**y n-«Mt um m 8a» ummk h mcm u» cm m* U» Mm film Mi «ar C96») K" M" Mm MblMfc Mm nu U* 104 8 I 3160 A Acar ******1 USS 37 0.5 59 39 37 37 37.5 33.1 1 ISA 176 1.89
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      Lock icon BANGKOK
      742 24 AFP J SET Index -L7B THAI shares closed 0.5 per cent lower yesterday as late profit-taking eroded earlier gains, dealers said. Banking stocks defied the market to close modestly higher, dealers said, despite the release of third quarter results showing the negative impact of massive non-performing loans. The Stock
      AFP  -  742 words
    • Article
      Lock icon MANILA
      292 24 AFP P Manila -33.0 PHILIPPINE share prices fell 1.6 per cent yesterday after the conclusion of a takeover for Far East Bank and Trust Co, the country's number five lender. The Philippine Stock Exchange Composite Index shed 33.0 points to close at 1,984.62. Turnover fell to 1.8 billion shares
      AFP  -  292 words
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      Lock icon JAKARTA
      642 24 AFP Index +3KK INDONESIAN share prices closed 5.5 per cent higher in heavy trade yesterday on rising expectations that market favourite Megawati Sukarnoputri would win the vicepresidential race, dealers said. The markets closed before the ballotting was over, but a forex dealer with a European bank said stocks and
      AFP  -  642 words
    • Article
      Lock icon WELLINGTON
      271 24 AFP QWeUmgton -7J7 NEW Zealand stocks ended down 0.3 per cent yesterday despite a strong overnight gain on Wall Street. The NZSE-40 Capital Index lost 7.17 points to 2,103.33 with Telecom losing 18 cents to NZ57.97. Turnover was a light NZ$B3 million.— AFP act K «a *f- rmm Advantage
      AFP  -  271 words
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      Lock icon SYDNEY
      548 24 AFP PAJOrftMuiM *43 AUSTRALIAN share prices closed 0.2 per cent higher yesterday amid investor caution over interest rates, dealers said. The All Ordinaries Index closed up 4.3 points at 2,827.9. The All Industrials Index closed up 17.1 points at 4,877.7, while the All Resources closed 10.1 points lower at
      AFP  -  548 words
    • Article
      Lock icon SEOUL
      280 24 AFP Composite Index -12J8 THE Korea Stock Exchange Index was down 12.18 points at 818.51. Volume was 337.4 million shares worth 3.7 trillion won. —AFP Oct 71 AnamSemi T5700 -350 Brain Tecfi 2120 -10 Central Bar* WW 415 CheNComm ***** 500 OaaCuBank 4110 65 DaaaangCarp 4540 -90 Daewoo Corp
      AFP  -  280 words
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  • Article
    Lock icon STOCKS ses
    6663 25 MAIN BOARD Transaction date: Oct 21 52-W* LMt V* Day LMt Ouete C*» Ohf Yld Net Cm Avg H>m Lew «<w Cinm tan COOP) High Lew Bwyac W Or PH. 9mm Prtte 182 17.5 m b WOO Acme 50c tlOcd *2 35 no 109 109 TW K> 33
    6,663 words
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      70 25 LONGINES t VHP Perpetual X High quartz /I Am St J f >■/? Hl Calendar 2100 qjV vK U CAsi I *"7 I 1/• M 10 years power reserve T^in V_ I Quick <88P** Soto Distributor A Main Sarvlca Cantra: THE SWATCH GROUP S E A (S) PTE LTD 438
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  • THE CEO speaks
    • Article, Illustration
      Lock icon Revving up after a rocky road
      1057 26  -  Astra's president director Rini Soewandi looks back at 1998 hurdles to the automaker's road to profitability which forced it to remap its strategies, shoes reports SHOEB KAGDA RINI Soewandi would like to forget 1998 if she could. It was the year of living dangerously
      SHOEB KAGDA  -  1,057 words
    • Article
      Lock icon Preserving a vital corporate legacy
      487 26 WHEN Rini Soewandi joined Astra International in 1969 from Citibank, it was a family-run conglomerate with probably one of the best brand names in Indonesia. At that time, the company was preparing to go public and investor interest was high. Astra's experience since then, however,
      487 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon SCULPTURE SQ
      1794 27  -  PARVATHIMAYAR finds out how corporati connections can make dreams come true COVERSTORY PARVATHI NAYAR t y From rat-trap to art venue From rat-trap to art venue U M HEN Sculpture 0 Square opens officially tonight, Edmund Cheng will have something to smile about. Not only will this restored
      PHOTOS OF EDMUND CHENG, RICHARD HELPER BY CHRIS LOH  -  1,794 words
    • VIEWPOINT
      • Article
        Lock icon It's a cool world, and now we're part of it
        703 28  -  a J the cuff Singapore has suddenly become a cool and fnnky place to the Western media. Bnt the question is, do we think we're cool only because others say we are? jaime ee OH, the perils of being cool.
        703 words
      • Article
        Lock icon STRAWS In The Wind
        198 28 flnnnfag nnrfftp scrutiny WAS it a case of simple-minded thinking or brilliant insight? Check out this quotable bit of reporting from a TV journalist covering the Indonesian presidential election: "All eyes are on Gus Dur there's a lot of curiosity as to how he will sign
        198 words
      • Article
        Lock icon Action Theatre smorgasbord
        488 28 THE last component of the Waterloo Arts Belt, Action Theatre at 42 Waterloo Street, locks into place next month. Singaporeans will certainly have plenty to do in Waterloo Street then, as Action Theatre opens its doors with a 42day programme featuring 42 new works for 42 days.
        488 words
    • MOTORING
      • Article, Illustration
        Lock icon Rolling out the surprises
        781 29  -  Keep innovating or be left behind. True to the spirit of the new millennium, Toyota has been busy exploring brave, new concepts. CBBmoPBERTAM finds out what the car-maker will be unveiling at the Tokyo Motor Show CHRISTOPHER TAN TOYOTA has long been associated with a reliable
        781 words
    • LEISURE
      • Article, Illustration
        Lock icon Watch this Cry Baby grow up
        923 29  -  The Erythrina is not known as the 'life-energy' tree for no thing. Thrust a bare catting into the ground and see what happens GARDENING By 1 Thien "WE grow flowers, you grow trees!" That's how the couple next door, also avid gardeners, jokingly compare
        923 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon WHAT'S ON
        413 30  -  Compiled by Parvathi Nayar PAMCE Canti Marini Songs Of The Sea Virgilio Sieni Ballet Group, a visiting Italian dance company, presents a performance reminiscent of the movements of the sea. Emotively choreographed, the performance also displays technical virtuosity. Oct 22-23, 8pm, Victoria Theatre; tickets $15/20/30/45 from Sistic (348-5555).
        413 words
      • Article, Illustration
        Lock icon Tight twists and comic turns
        549 30  -  CINEMA An excellent cast led by Aless&ndro Nivola and Reese Witherspoon more than makes np for director Mike Barker's shortcomings in Best Laid Plans By I Susan Tsang BEST Laid Plans follows the tradition of independent movies with a small cast and a small story
        549 words
      • Article
        Lock icon The Englishman and the mobsters
        481 30  -  By Parvathi Nayar MOBSTERS, for some inexplicable reason, have great comic value. We could don our shrink hats and think this through—maybe they scare us so much in real life that we enjoy the power to laugh at them in films. Or maybe it's because
        481 words
    • GOLF
      • Article, Illustration
        Lock icon Getting back into the swing of things
        408 32  -  Sasi Kumar Pillai has big plans for his DunlopJfexfli franchise By' Ven Sreenivasan DUNLOP.MAXFLI could re-emerge as a household name among local golfers if Sasi Kumar Pillai has his way. Mr Pillai, 37, who clinched a three-year local distributorship for the Dunlop.Maxfli franchise
        CHRIS LOH  -  408 words
      • Article, Illustration
        Lock icon Club prices hit new low
        508 32  -  Potential buyers' funds stuck in equity market membership brokers tell vuksrehmxyasait VEN SREENIVASAN THE price of golf clubs memberships has started to stagnate as the stock market continues to languish and investors turn cautious as the year-end approaches. Membership brokers said the volume of transactions
        508 words
    • STYLE
      • Article, Illustration
        Lock icon Wearable art
        698 32  -  TEXTILES Josephine Komara's hand-made reflect the fabric of Indonesian cultural life w Toh Han Shih JOSEPHINE Komara did not pass primary school, yet she has conducted extensive lectures on Indonesian textiles throughout Asia. She also sells them, and her ethnic fabrics have been worn by young people and
        698 words
    • EPICURE
      • Article, Illustration
        Lock icon Gut feelings
        1224 33  -  He wanted to be a mechanic or a policeman, but Martin Aw Yong signed up for kitchen duty instead. Today, as executive chef at Four Seasons Singapore, he tells tax so tew how he has developed a sixth sense about what's cooking nicely, and what isn't TAN SU
        1,224 words
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        Lock icon Matching style with substance
        654 33  -  RESTAURANT Marwinlfldo hringg a Gonran-like touch to Purvis Street By, Jaime Ee THERE are perhaps three kinds of people you can identify at Marmalade, the latest upmarket eatery to hit Singapore in recent weeks. One, the painfully chi-chi crowd complete with air kisses and "ciao"-enhanced greetings;
        FOOD PHOTOGRAPHY BY ARTHUR LEE  -  654 words
    • PERSONAL FINANCE
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        Lock icon Taking a second property mortgage
        1187 34  -  Determine first the purpose of the loan and bow it is to be repaid, bo took bah looks at the points a borrower should consider before applying for one HO TOON BAH The writer is a vice-president in the consumer services division of the United
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        Lock icon Mastercard links up with Centrepoint Malls
        376 34  -  Latest effort is one of the biggest promotional retail events fir the card By Genevieve Cua YOU'VE heard of the Y2K bug, of course, but the Y2K shopping bug? That's the latest joint promotion between Mastercard International and Centrepoint Malls, where shoppers stand to
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    • UNIT TRUSTS
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        Lock icon ABN Amro to offer 3 Asian funds
        574 35  -  The Dutch fund management firm is bullish on the region right now. worn wh homo reports on the new funds to be launched next week WONG WEI KONG SIX months after it marked its entry into the local unit trust market with three
        574 words
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        Lock icon Don't fear Y2K bug, says Templeton
        417 35  -  By < Genevieve Cua INVESTORS with a balanced portfolio with exposure to global equities are likely to have little to fear from the Y2K bug, and should sit tight on their investments, says Templeton Asset Management's Norman Boersma, executive vicepresident (portfolio management/research). "If you
        417 words
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        Lock icon Why tech stocks are expected to outperform markets
        723 35  -  By] David Maglicoco The writer is technology fund manager with Henderson Investors WHILE the advent of the Internet seems to have converted even those with the most Luddite tendencies to the benefits of technology, many remain unconvinced that it is possible to
        723 words
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        Lock icon THE UNIT TRUST SCORE BOARD
        417 35 UNTf TRUeT/BECTOR (6 MONTHS: SIMAWHSOCTW) CHANGE BENCHMARK CHANGE Toy 10 fund* 1 UOB United Jap Gth/Aiap EQ 73.81 Nikkei 225 Stock Ave 20.82 2 Five Arrows SEA Special Sits/ Far East Pac Ex Jap EQ' 67.02 MSCl AC FE ex Jap 22.80 3 0U8 Union
        417 words
    • PERSONAL INVESTMENT
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        Lock icon A new offering from Lloyds Bank
        654 36  -  Investors should take pote of the warnings before putting their money in this equity-linked US dollar three-year deposit says louis beckerldto LOUIS BECKERLING INVESTORS prepared to take a ride on the wild side—punting on exchange rates as well as movements in US share prices—have
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        Lock icon Consider exchange rate movements
        433 36 AS with a fixed-term interest-bearing foreign currency deposit, the Lloyds Bank equity-linked deposit will leave investors exposed to exchange rate movements over the life of the three-year investment. But hazarding a forecast level for the Singapore dollar versus the US dollar over that period is plainly
        433 words
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        Lock icon More downside seen before STI heads for 2,400: Vickers Ballas
        1115 36 THE Singapore market has been meandering in a sideways pattern since the Straits Times Index hit an all-time high of 2,222 in early July. This is despite stronger than expected interim corporate earnings, and a sustained manufacturing-led recovery momentum. The
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        Lock icon Putting the Y2K bug in perspective
        854 37  -  YQURlnl.],!^ Madeleine lee expects a whole year of small interruptions, rather than a large scale disaster in the face madeleine lee The writer was formerly managing director and chief investment officer ofa fund management company t is less than seventy days to the new
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        Lock icon SPH, DBSH sell-offs take the spotlight
        1553 37  -  Investors looking for arbitrage opportunities should watch CM Telecom By Robert Halili The writer is director of Asian Ownership Research at Primark "OH****!" is the likely reaction from two US-based fund managers Brandes Investment Partners and Capital Group Companies. The two fund managers took
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      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at October 20, 1999)
        1134 37 Oapoaft amount 1-m*i 3-fMh 6-mth Bggg Miount j<> 8-mfr DBS Bank HSBC AS AS S10.000 A24.999 4 3100 4 9000 5 0400 25.000 74,999 3.8125 4 3750 4 8125 A25.000 A49.999 4.3300 4.9200 5 0600 75.000 149.999 3.9375
        1,134 words
    • EXECUTIVE money
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        Lock icon Investment sign-posts for Y2K
        1121 38  -  What strategies should investors adopt in the new millennium? Louis beceerldto finds out what the experts see as their best bets LOUIS BECKERLING THE new millennium will usher in a technology-driven shift in the investment landscape, believes Kim Teo, chief executive officer of CMG First State
        1,121 words
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      53 27 Avant-garde views Cutting edge style Perennial £ood taste FRESH INTERPRETATIONS W Gourmet rest hii rants and trendy cafes Established names in fashion and accessories. Eclectic lifestyle and furnishing stores Rofros r. i n g even the most seasoned of shoppers Step in today. You'll experience new levels of excitement 'in
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      72 27 Gardening Bringing up the Erythrina crista-galli: a couple watch with pride as their Cry Baby grows tall and strong EL 3 Style Josephine Komaraof Bin House: elevating batik-making to the level of art EL 6 fl[ f /I By People Chef Martin Aw Yong: tempering German discipline with American-style discussion.
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      22 28 jM*®S »Oo on O 6 A weekly guide to pubs and lounges, i uj fagfarfg every Friday in The New Paper Fastads.
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      105 28 CAST YOUR VOTE: Go to the BT Online website (business-times.asial.com.sg) and take part in the interactive poll based on this column. RESULTS OF LAST WEEK'S POLL: After reading the story about greed and gullible people, who would you prefer to be? The con artist—sB.7 per cent. The cab driver—3.oper cent
      105 words
  • Page 28 Miscellaneous
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      241 28 uwrnC CROSSWORD 1 Quick animal to run after money bet (8) IB 9H JHT 5 Obsession to replace receiver j—^ 10 One's strong suit (6) monocle pß| and escaped (6) lH 14 Beauty appears, holding mar- __JH HI pH Ml 22 Slips up, retaining nothing in I exam (6) 23
      241 words
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      475 30 Showing at Eng Wah, Shaw and United Artists cinemas. Rated R(A) Where to wine, dine and entertain Credit flarri is iinw available. MBBMB 290 4545 1 qggp* 76 Bn« Baaah Road, Sinppore *****8 I Td» 338-8333 Fax. 339-6866 Web file i bcpi//www^iHton^onu| WHtCheers 1 To a night of 1 great
      475 words
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      116 30 Showing at Cathay, Eng Wah, GV, Shaw, United Artists cinemas. Rated PG. j I TP A XJEItLAT 1 NEW HEIGHTS Reservations: 831 6258/88 j I— —> 313 Orchard Road. Sinnut 2 ***** M: 737 4411 Fax; 732 2361 vj«w Rwo's 6ouw%ef en>s3ls+ QtMxr. Prepare yourself for an incredible lunchtime buffet
      116 words
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      2574 31 TODAY'S TV ihiiiima RECOMMENDED TXBWIMQ I Headline News. American Pie Grossed out comedy of US school-kids. R(A) 3.00 PM TV Innovations. —In Conversation. Orchard, Cathay. A woman's i r l ec p iite J lby 4-00 RxJblems. Humphrey J-00 News Night Beeloahe The secret world of body builders. R(A) i
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      117 32 The Bintan Lagoon Golf Membership For Just $462 A Month. First, let us assure you that this is a premium golf membership; with the renowned Jack BINTAN Nicklaus Seaview lan Baker-Finch Woodlands Courses undoubtedly offering the region's LAGOON best golf. But if you're looking for challenges beyond our par-three signature
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      113 33 Busy Chicken Schnitzel. Pork Knuckles. Nuremberg Sausages. Hungarian Goulash. Apple Strudel and more. Garlic Bratwurst. free-flow beer and even more. Singapore's days of belt-tightening are over. I With prices like $14.50+++ for weekday lunch and $38+++ fefcy-N for Sunday brunch (including free-flow beer and live Ryj I jazz music), our
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      10 33 Marmalade Unit 01-02 36 Purvis Street Singapore *****3 Tel: 837-2123
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      64 33 When Maine Lobsters lose the battie M VmHk jA armoured with pincers weapons and antennae to detect enemies, the Maine Lobster wins almost f every battle. Find out what happens when this sea warrior encounters our -J Executive Chef. Ca jc f^co Oct 22 to Dinner 100 Orchard Road. Singapore
      64 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      129 39 Bridge News, Reuters ALTHOUGH there was little information surfacing of concluded business for Panamaxes, brokers continue to talk of a fair amount of business covered in the Atlantic at a higher rates. TANKEB& With the surge in fixing from the Persian Gulf continuing in late trade, very large
      Bridge News,; Reuters  -  129 words
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      Lock icon MARITIME STOCKS
      199 39 fctn w CWT W»tT*utton L22 008 30 ChuanHup \M -001 930 Coaco Mvaatmant—U2 wnch 0 FratoMUMkl 0J0 -OOI 2T8 CS Holdings 042 MM* 0 i^hoMnSriiic mS OaprayKMIS Pacific C«n*ra af» undi 31 PanUnttadCarp 0.54 uncti 0 SambCoraM 2.12 Ql04 2*46 San* M 6 log 6.10 an 364 Ihl-ll
      199 words
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      Lock icon Saudi line plans to use Port Klang as S-E Asian hub
      655 39  -  NSCSA will do so if M'si&n port can provide feeder connections available in S'pore By. Ann Toh [SINGAPORE] The National Shipping Company of Saudi Arabia (NSCSA) intends to switch to using Port Klang as its transhipment hub for South-east
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      Lock icon Star Cruises charters vessel
      186 39 Reuters [SINGAPORE] Star Cruises pic said it has chartered a vessel for three years for its Japan and South Korea operations starting in March 2000. The 950-passenger capacity vessel, MS Leeward, was chartered from Finland's Neptune Maritime Oyj and would be renamed SuperStar Taurus, a company
      Reuters  -  186 words
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      Lock icon Piracy attacks worldwide up 50%
      281 39  -  By\ Marcus Hand [SINGAPORE] The number of piracy attacks worldwide in the first nine months of 1999 rose by nearly 50 per cent compared to the same period last year, with Indonesia remaining a hot spot with over one-third of all incidents in its waters.
      281 words
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      Lock icon Missing date on bill of lading leads owner to sue charterer
      655 39  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE mere omission of a date in a bill of lading led to a three-day trial in the UK earlier this year to determine if a voyage charterer of a vessel had to indemnify
      655 words
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        Lock icon Council urged to let market set freight rates
        572 40 Legislation would be counter-productive, Malaysian National Shippers Council told Bernama [SHAH ALAM] THE Malaysian National Shippers Council (MNSC) has been urged to let market forces determine freight rates rather than using legislative means to control rates. Nepline Bhd executive chairman Nik Mohd
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        Lock icon Ferry firm faces sanctions over false fire alarm
        260 40 AFP [MANILA] PHILIPPINES authorities are looking at possible sanctions against a shipping firm which triggered an international alert with an unannounced fire drill, the coast guard said yesterday. A simulated appeal for help aired by the ferry Palawan Princess on an international
        AFP  -  260 words
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      Lock icon SHIPPING SCHEDULES INDEX
      298 40 PACE ESfUnw 13 AMI 3 Emgreen 6 S Accord 8 foooqSun 8 Airenkiel W MLinfcs M Appenship 5 cu AsiaOCL 13 OwMrtrans 6 Austral 8 Gerelipg 13 Avant M B'tang Mas 8 dory Ha* M BSA 7 HaiSunHup 12 8TL 14 Hangli 7 Bataji Shpg 5 Hanjin
      298 words
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      18710 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Numfear Number SIN Dest'n Name Name Number Number MHHMMHMMMHHMMMMHMMNMHNHMnH (■■■■■■■■■■■■■■■■■■■■■■nMHMMMe 03/n 28/H NVK CSAV HONG KONG OHS 45-*****23 To ABIDJAN (ABJ) 2003 Cote D'lvoir* 03/n 20/n Norsui csav hongkong
      18,710 words
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      77 39 Mow aMpplng iwwt, Pg 2 3 US ■Itftui' profit* fan, Back pg Port of Tanjung Advanced Port Solutions To Ensure Your Peace Of Mind 24 Hours A Day, 365 Days A Year (and 366 Days A Leap Year). f Tf Port of Tanjung Pelepas RELIABLE EFFICIENT ADVANCED Pelabuhan Tanjung Pelepas
      77 words
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      1145 40 1 NORTH AMERICA I I EXPORT 1 I OTHER DESTINATION* I I WIST COAST o*ci>fTßAi-Ajiiflßics]^^MlMßi^BE^^BM ma vor mat root I umouch muju mm okmo maim mm an H mm. m at smumoo combo r cmmu wmmma smmcmz OOQCAUKMU 4084J M/N B/14 M/ 11 M/ll 14/11 N/11 11/11 N/11 H MMMKNUU
      1,145 words
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      546 40 Unas services represented I 'f^^V b y M n **'®°<«'wß*flW'yo( HA Member. c« Accredited Shipping Agents, Singapore Freight Forwarders National Shipping Aaaoc Aaaocialion NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO T0... DAMPIER/FREMANTIi (MONTHLY SERVICE) MV "TBM" ETA SIN 25/10/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO
      546 words
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      1016 41 TO EUROPE FROM EUROPE wr simiitHMiwysainTm rasa vor mi ami haw wv sou fit ia an HYEMPaOt J2W 25/10 11/11 13/11 14/1110/11 AftKAIl 0111 30/ M 01/10 05/10 29/00 13/10 NOL AMA2OMTI 025W 20/10 20/11 17/11 10/1115/11 KMC 5291 03/10 05/10 00/10 00/10 27/10 UIOK 530W 30/10 14/11 14/11 10/11
      1,016 words
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      1717 41 ®HANJIN SHIPPING iikPl i Ms Ln -sdb an naiummn(sjrnitb bpiMi iooob vam>ra wis hmtmtx woman rmn\v* ofßUTWsmo?so-?si mamu» nwoss fatrtwm akhisjwwm* TO NW USA A CANADA USA f/MfJWi* row/vot M I imNtu/voT «T~| ttw T~Si oi w nf on M —nt —[~~m m m —Tm HJBJZAKTNMX B/ll M/ 14 IMCT
      1,717 words
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      394 41 FUHT COMTAINBHHP PRPICATRP IHVICH resa wr_ jm_ mwrai hk jh_ jw_ _rw_ [rosa I rar ian j ns, jvssa rar Iso m Ntwmswwa _nis_ wo 22/H hoo vu vn% l^jp| ISooSilu t,^l ff4Ail^Bl 1 *Q UP CM 15/11 IVIO a/io a/io auiu oia I H/lfl I tt/ii) luflt MM llfl
      394 words
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      1363 42 DSR-SENATOR LINES TO UK/CONTINENT TO MEDfiMtKANEANCANADA mm ww bT htm Mm ham ihv fu ib» *ot im on 8t foi m otb HANJMNALTA HB6W 11 It Kll M.ll 17.11 Mil M.ll 11.11 MMA3EMCA M3SW *1* 87.11 M.ll 11.11 IJ.II Mil iwrenwMTY MZ3W an 1211 13.11 11.11 tin 13.11 wangmai snatob
      1,363 words
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      949 42 Can-tan MM CONTR LINES, MC p. quoang: {07)*****26 1 -I\-/ J SOU: (OM) *****9 MAIBLA: (832) *****24 PBIA#IQ:(0«)att«W BANGKOK: (882) *****57 SURABAYA: (31) *****11 P- KELANG: (03) *****77 JKT (21)*****48 KUCHBNQ (082) *****14 HO CHI MIMH PENANG MV "DRAGON KALIMANTAN" V. 127 MV "MELAKA" V. 132N ETA SIN: 26-10-99 ETA
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      591 42 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMM STORE N SHEW COLOMBO F OAM CAPE CANAVERAL V 113W 25 OCT 82 NOV M NOV 14 NOV TULSIOAS V.IIB SI NOV FOR DRY DOCCTM ONLY TARPON SILVER V.IMW M NOV 14 NOV 23 NOV BHOV CAPE CANAVERAL VII4W 15 NOV 23 NOV 38
      591 words
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      1647 43 [vessel voy khh hkg sin pko pqb pxb pmm Iba bw IRAN SATTARI PCL-5124 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 26/10 27/10 OS/11 OS/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 16/11 18/11 IRAN SMAHRYAR PCL-5127
      1,647 words
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      1085 43 Direct Mis to N«§oy« (7 »*ys) My» toys) I SINGAPORE'S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (I/L) l B COSTAft SNIPPING PTE LTD #12-00 saus/irgs 420SRS7/60 inward dept (D/o) *****15 COSTAR AGENCIES (M) SDN BND CRMQ:117»7M0000II SINGAPORE 06MM CONVENTIONAL 4205R50/55 T/SNPMT DEPT *****25 TEL- 02-07-35
      1,085 words
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      909 43 BUOHIXHHtaWig exwmt iimpott eUST Bl |j|l|] H]' ACCnt CAMOB ID I nak I) —L —MX mofam, ST m»K—» WWII MM WA «M TRAMffftOHC SEffVKt EXPORT I IMPORT VESSEL I VOT lUN Ila I ruur IACOT—G—eBWt lIUWIW-Ivreyn ym [a au S HJ KIL* Oltf 't</1Q iiTll I ls7Ti 2aSM c SKSR
      909 words
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      1379 44 EUROPEAJKySCAMDimVIA/FIWLAWD/RUSSIA SGP ROM ANW HBG THP ZEE LHV LHV THP RDM unt HOG PKL SGP I DELUXE RW-012 24/10 11/11 11/11 12/11 14/11 15/11 16/11 E REPUTE RE 821 17/11 N/11 N/11 10/10 12/11 31/11 Ml/11 DIVINE RW-N7 31/1# 11/11 24/11 2M/11 22/11 23/11 24/11 E RACER RE 021 17/11
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      724 44 rjSSgPl# PACIFIC INTERNATIONAL LINES (PTE) LTD 111 140 CecN Street #03-00 PIL Butdmg, Singapore *****0. I CR NQ **********06 I Ilvpsa yor wg _jhs m win w» hi a» mw I ill I I HJHGA TIIAIAJ 3 415 19. 10 22/10 2/11 7/H 12/11 |>/H H/H I IMAMMIAm Hi 24/10
      724 words
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      435 44 M THJM SIANGAN ROAD M2-M CmPORT CENTRE .iTMNBI TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** C« MO. **********0W VESSa VOY FTA ETD DESTINATION MMUKVM 37» aiMB 211 MB WlflMW"m. IMAM UMMU 11M 22/1M123/IMI PONTMNAK NMUKWA SMI 30/1 Ml 31/IM9 PALSMAN&PKL.MLAM MMAMM MM 311M911,11 W MALAYSIASUMATBMVALIMNTAN PORT For inquiries
      435 words
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      443 45 I BSA jTI M MYANMA IBBk FIVE STAR UNE (My—w NnHmml LHom) Loadfag fw YoofM (Rmjmi) vissa vot sm pn p» pcu KfNG TUNG 4W SB SA6AJNG 62W SB BAIATSIA AGENTS: OOUSTEAI) SBPPBB AGQKKS KUL TH (03)*****00 PIL- TH (03) 37M101 rat IB (04)7****** PGlfc TEL (07>ai7ai/4 bank line (A
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      1224 45 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. Ivbm. votism|sou|im|mm|abt|nah|mv|m| Ivbsb tot|squ|im|iim|«wt|iiam|mv| m l SM l nam oitw 22/10 12/11 is/11 w/11 m/ii arram oik »/w m/io m/n m/io b/io ktbopbob nw s/io 11/1111/11 13/11 iA/11 bm 52* m/io 00/io os/io os/io 77/10 NOIMU2DMIt 02SW M/ 10 IS/11 M/ 11 17/11 1«/11
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      832 45 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA 'CAR RORO KEAVYUFT SERVICE' [VESSEI VOT RAMP HDGHT SM IAX Ol jMA SAV OAL ORF |NTC HEW tauoot ahoo 4001 m* ojm w/io 14/u 04/12 07/12 WiF 7i7i2~ WIT 14/u WITI9/12 TAMPERE AHO9 4001 ms 4JM 11/11 09/12 11/12 21/12 23/12 2S/12 27/12
      832 words
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      1867 46 BXHQKOKJUA* TA MtUT/LAWi CNAGANOj JAKAWTA/MNJAWO VESSEL VOY SIN BKK MTP LCH VESSEL V° Y JKT PJN MATHUBHUM 437N 23/10 27/10 28/10 BAN! BHUM 12MB hjPt 24m XETHA BHUM** 306N 24/10 27/10 26/10 BUNQA MAS TIQA 9QSBII 23/10 27/10 ACX SWAN 398E 25/10 28/10 28/10 SHAME* 00S 24/10 27/10 ANAN BHUM**
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      66 47 FAR EAST EUROPE KYOWA LINE FULL CONTAINER Direct Breakbulk/Container/LCL EXPRESS SERVICE Sefvke Turn To Pg 5 Manila/Guam/Saipan PBg China Shipping (S) Agents: V-Grow Shipping Pte Ltd Agencies Pte Ltd See Page 7 Daily Wallenius Asia Oceanic Wilhelmsen Container Line New Europe To Weekly Service to MIDDLE EAST/ Belawan/Sin/P. Klang S.E.
      66 words
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      51 49 Dial74o-6000 Oil QEfJldDd (Retrieve more schedules!) Press"!" I Select the port and key in the four digit code Jkr eg To /Vew York (NYC) 2275 <£> Key in your fax number I i Enter your phone number I Another innovative service offered by The document Will be j SHIPPING TIMES
      51 words
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      160 50 (FOBEST PtOOUCTS SfRVKI) Service For Chrirtma. Island Krrtnandr /Coco, Uknd) EUROPt SERVKE I "Abo call other wwl Aurtraha porta <übjed to inducement I UW SKN KXU TNU VlSStl VOl SM CXI FBI COS OCttNMBN H/ll M/ 11 30/11 RIKSTB( M (1 12 /n «/11 UHMW ro«: amm THORKMSTEN 4SSI 21/11
      160 words
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      187 50 Vfmuww KOQ OOA «NA MM HMI HTM WL TRADE ETERNITY 02JH 10 (XT 12 OCT M OCT H OCT OJ3SI 12 WY 14 NOV lilfiY 17 OCT noct n oct aS£I a_2£l HfiSX 2Lgg— TRADE SSJNE 026W 24 OCT 26 OCT OCT 01 MOV 28 MOV 77 MOV a NOV
      187 words
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      101 50 row nis/ wtn saiuwcv p. wmuw/swMfOti SOUTH BOUND |«g I*l Tmm ■ami m« m SML muam BIIS g/NffD attMLl JBMUMI 812 Hfllflß 2UIMDpii ffls yn(w ■ami m wtrai not own bmusimi wis wtm «/i>ww WOtTHPQUW Sam aotwi hwbb" m- gfljw Sag BMUSMH Wia g/f—) coNvumoiuL satvia |«a iw laaiaißl awl
      101 words
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      656 51 SSAMUDERA SHIPPING LINE LTD MAM UM/OUTWAID: S3? 3*SS MWAM (DID): 437 2361 MftfOlT STATUS (MO): 437 2371 MVBfTORY (MDh 437 2420 W*fcsH« http://www.fwd.ra..— CR NO. **********00 BOOKINGS UNE: 535 6266 (Cdia/Jisko/Mei Chqn/Jeslynn/Pora/Honim) rriifliirMViaiiilllß sigfljfflnr 3 sigs/weekly IS S T 2110 ?ffio Ivßsa Ivor sm [wm Iwmifati I uSSm 354 rs!
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      750 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |re|»|«|«|lH|rw|g»|Ml|Htt|KTl|og|uv|i»w|i>a|i«.| KBEBff/l'ff -yil- -E/1L MIIL Jim. JUIL -LiZLL -2LOL JIZII -M/liil/li, JIAL J4/1L Jjfll Wti it/ii MBS u/w u/w »/w 14/ti -g/ti FKG VIA SICAFOfiE MEXICO, US/GUlf/EC, RED SEA, INDIA TO SINGAPORE, INDONESIA low 1 KW 1 DUI j MOU uv In
      750 words
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      457 51 \yfm bm maw imp to wag] I Hi: IUWH/MMWI I rasa vot oiEn sam kstmokm 1M8N»222 23/10 74/10 MM UMS»I2 5/99 23/10 2S/10 fern it I//? 25/10 27/10 Ohb/ImMi/T In U"wS*B 8/99 2A/10 27/10 Mm UniSMIO 6/99 24/10 27/10 to. *32 9>9 28/10 29/10 ST Ml 9/99 21/10 29/10 Mrt
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      468 52 I VESSEL VOY SIN MAA SIN I TIGER BAY 742N 24-24/10 29-01/11 0&06TI1 I TIGER ISLAND 743N 26-27/10 01-04/11 09-10/11 I TIGER PEARL 744N 29-30/10 04-07/11 12-13/11 H TIGER SEA 745N 02-03/11 07-11/11 16-17/11 I TIGER BAY 746N 05-06/11 11-14/11 19-20/11 1 TIGER ISLAND 747N 09-10/11 14-18/11 23-24/11 HARIBHUM 917
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      758 52 JV FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin9singnat.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANIUO SAN ANTONIO CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lea *****71
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      938 52 I For bookmg t Mtqmy cdl *****50 ?fld\ Cl jfif ■"ii.w jeww'itt ,lltt w m *»n m tad m m m aiaist SS.^IS 44 17/11 mi 17/11 ivii ivii i7/ii racAswnawo nm n/m »m oi/w ovio ivw OOaWMIVB4S OVll 11/11 74/11 75/11 75/11 74/11 ■ooaMNIMMI 05/10 OVIO 07/10 «/10 IVW
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      66 52 CONVENTIONAL SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 23ft0 24/10 JAKARTA /PANGKAL BALAM JUBILANT 2STIO 27/10 YANGON SOUTHERN QUEEN 2610 28/10 SURABAYAfIEUWAN CHAHAYA STAR 28T10 31/10 COLOMBOMSAMMLCUTTA REGULAR DIRECT COKTAMER A BREAKBULK SERVICE TO PORT LOWS 4 DURBAN EXPORT VOY 8M PTL DON ALS ENDEAVOUR 10WB 23/11 04/12 08/12 ALS
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  • SHIPS IN PORT
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      Lock icon CONVENTIONAL WHARVES
      735 53 V«s$«I Voy No Btrth Arrival Departure Jw»M Nrl Varans 945S JOB 21/IO/4JO 22/10/1200 Bt R8 2598 1299 JOI 21/10/910 2VKVT700 PutrmundaW *****9 J13 ZVWM 21/10/2100 «S» 213 56SA JO 21/10/755 21/10/2359 C Sactass 22-OCT J09 21/10/805 2VW/16.00 Martina 01-0C1-99 J01 21/10/8:35 21/10/1700 Blissful R 2 99KA J02 21/10/8:10
      735 words
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      Lock icon CONTAINER SCHEDULES
      1748 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Mane* Rstls Ship Voy No Etb/Btr Ported From To from ACX OAMUA o,4. 22/7*0 S IT SSK a 20/1700 21/0*5* 2VP*oo J 21/0700 2VW am 4 21/1200 21/149* 2VT700 AUUWKSS T 22/8 00 i WH00 ****** 2<£*0C 2A 20/1700 21/0459
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      Lock icon GLOBAL HOLIDAYS
      183 53 Oat as Thailand: Chulalongkorn Day. Oat as Ireland-Republic OF: October Holiday. New Zealand: Labour Day. Taiwan: Restoration Day. Oat as Austria: National Day. Oat as Greece: Oxi Day. Not 1 Philippines: All Saints Day. M«*S Japan: Culture Day. Not S Brunei: Meraj NtvS Indonesia: Ascension Day of the
      183 words
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      Lock icon COCKETT BUNKER MARKET REPORT
      774 53 THIS report, compiled by Cockett Marine Oil Ltd, ahows price range* In US dollar* instead of single pricee tor a more comprehensive description of the mar kat Prices shown are baaed on average sized stem. Market movements are Indicated. The Cocke tt Bunker Price Index change
      774 words
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      Lock icon VERITAS BUNKER QUALITY REPORT
      409 53 Cartwi 100 Mu Ml U IM 0.06 74 044 Oct 14 Daasitv Mar to*i4M Ask AJaaMwo SHlMtt No Aon E2S 1110 0 1 300 AM 909.5 0.4 HI 0.00 0.02 300 Mu WSJ M NJ OuOO SO OJM M/M1 %in WW mm* No Mom 635 10
      409 words
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      170 53 Special Feature November 30.1999 t i v|i ra TR z The tide has turned. The shipping industry has picked up dramatically in the past year. If s all systems go! Around the world, aging fleets have to be repaired, converted or E replaced and local shipyards can develop more market
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  • AIR & LAND transport
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      Lock icon New FedEx head names top 2 deputies
      151 54 Reuters [MEMPHIS, Tennessee] The newly named head of Federal Express Corp on Wednesday named his top two deputies, splitting up operational duties at the world's largest air express package carrier. David Rebholz, will become executive vice-president, operations systems support, the company said. Mr
      Reuters  -  151 words
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      Lock icon HK flights not affected by aircraft workers' strike
      237 54 AFX-Asia [HONGKONG] A pay dispute at Hongkong Aircraft Engineering Co Ltd (HAECO) has resulted in strike action by part of the company's workforce, leaving the company's technical line maintenance operations some 100 workers short since Wednesday, according to spokesman Andrew Herdman. "From
      AFX-Asia; REUTERS  -  237 words
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      Lock icon Hurricane blows away profits of 3 US major airlines
      552 54 Rising fuel prices, air traffic delays flian behind plunge in 3rd-qtr earnings Reuters [CHICAGO] The parent companies of three of the largest airlines in the US United Airlines, American Airlines and US Airways saw thirdquarter earnings hammered by Hurricane Floyd, rising
      Reuters; FILE PHOTO  -  552 words
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      Lock icon Airbus wants only money to build superjumbo jet
      399 54 European group nc—cariad ihwt accuracy of demand projections; Boeing Bridge News [SEATTLE] Boeing Co believes that Airbus Industrie does not care about the accuracy of its economic projections and wants to proceed fUll speed ahead with development of a super) umbo Jetliner
      Bridge News  -  399 words
    • Article
      Lock icon SAS to sell half of stake in British Midland to Lufthansa
      157 54 AFP [COPENHAGEN] The Scandinavian Airlines System (SAS) airline plans to sell half its 40 •per cent share in British Midland (BM) airline company to alliance partner Lufthansa of Germany, SAS said Wednesday. Lufthansa has been in exclusive negotiations with
      AFP  -  157 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1344 54 an FUCMT ETA FUtMT ETC LH7M MOS S032* 1000 UMM. UM230 «50 «450» 1605 2350 T*3T '.JSC M2007 M05 HZ4SS7 23V S023C SM M*** :3 Bi« oojc won aw S026 2355 (A97I 0945 sua 2325 S0999 1645 S099C 0105 KLI37 M55 S0603 IMS C2354 0910 MO
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      244 54 ASIA WESTBOUND RATE AGREEMENT (AWRA) NOTICE OF RATE RESTORATION IN THE ASIA/NORTH EUROPE TRADE FOR 2000 in order to give customers early advice of the rate programme for next year, the Members of the Asia Westbound Rate Agreement (AWRA) have confirmed a rate restoration plan for year 2000 in the
      244 words