The Business Times, 29 October 1999

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Microfilm: NL21657
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES MITA(P>flrtg^57 85* SINGAPORE Internet: http://business-times.asial .com.sg/ FRIDAY, OCTOBER 29, 1999
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  • Article
    Lock icon MABEET SUMMARY
    59 1 sn 20Q3JS (+14.27) BT-SRI 774.71 (+9.75) smsci FUTURES 28M0 (+2.30) STOCK BASKET INDICES Thursday Chance KLSEOOIP 750.20 +11JT NIKKEI 17.***** +31J5 HANG SENG I2.7S8UB8 +49.81 SET INDEX 389.7® +111* JAKARTA COMP _i?7JS +1.41 MANU COUP tJHX +4J9 TAIPEI WH 7J8UI Itl7 SEOUL COMP BUI +27i3 OSA CHINA B
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  • Article
    Lock icon FINANCE
    80 1 FOBEX BATES USS S) IBS 1JM £(IIS$/S$per£) 1J44 1746 RlJRO(US$/S$ per E) UN 1JBM DM 1-864 0.896 YEN 194.0 L604* KM 1800 0.439 HKS 7.771 0115 BAHT 3&87 1043 RL'PIAH 6316 0.084 'St to 100 units PBDKE RATES SINGAPORE* 5.89 KUALA LUMPUR 735 JAKARTA 40.00 BANGKOK 10.00 MANILA 11.00
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  • Article, Illustration
    Lock icon Sim Kee Boon to retire as Keppel Corp exec chairman
    1081 1  -  'Mr GLC will become senior adviser; Lim Chee Onn to succeed him Byy Catherine Ong [SINGAPORE] Sim Kee Boon, the man who built the archetypal govern-ment-linked company (GLC), will retire as executive chairman of Keppel Corporation at the start of
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  • Article
    Lock icon Consumer-friendly KL Budget expected today
    782 1  -  It'll be good for construction, property and consumer-related companies analysts From. Ruth Wong in Kuala Lumpur AN anticipated consumerfriendly Budget with the aim of boosting the economy, to be revealed by Malaysia to-,' day, will have a positive impact on corporations in the construction, property
    782 words
  • Article
    Lock icon Not all 44 en bloc sites on market will find buyers
    536 1  -  exclusive By I Kalpana Rashiwala [SINGAPORE] Property market watchers have warned that not all the 44 sites that are on the market under collective sales will find buyers, citing funding limits and the owners' high reserve prices. Already, property
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      Lock icon Page 1 Advertisements Column 1
      167 1 inside The CEO speaks "You have to have fun to be successful," says HP's new president and CEO, Carly Fiorina. Pg 30 Top stories Brieriey's campaign of predatory takeovers in Asia. Mmxt Page Give one-off bonus if you can afford to raise CPF by 3-5 pts, firms told. Pg 7
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Bank byes
        81 2 THERE has been so much movement among public relations and marketing people in the financial sector that very often calls to journalists are to say good-bye. Just this month, at least three companies Overseas Union Bank, United Overseas Bank and Great Eastern Life are seeing departures in their
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      • Article
        Lock icon Female financial whizz at Cisco
        124 2 IT is largely a man's world in the boardroom of Cisco, Singapore's security organisation. A woman, however, has managed to break into its traditionally male preserve. She is Elsie Foh, managing director and head of individual banking of DBS Bank. She is the only woman
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      • Article
        Lock icon Ringing or non-ringing?
        116 2 HANDPHONES today are an integral part of our lives. After having one, most people wouldn't be able to survive without it. Yet, despite their importance, they are a constant source of irritation. How many times, for instance, has one settled comfortably in a movie theatre for a
        116 words
    • Article
      Lock icon New Brierley team on the prowl for LBOs in Asia
      723 2  -  Relocating HQ to S'pore, group will also seek SES listing by mid-2000 tiy Louis Beckerling [SINGAPORE] The new management team now running Brierley Investments Ltd (BIL) plans a campaign of predatory takeovers in Asia from its new headquarters in Singapore.
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    • Article, Illustration
      Lock icon The team
      193 2 Moving into BlL's new Singapore office, which will occupy 3,0005q ft at Tung Centre off Raffles Place, will be: Greg Terry (above), MD and CEO. Formerly vice-chairman (Pacific Region) of Credit Suisse First Boston based in Melbourne, Australia. An Australian citizen, Mr Terry trained in law and began
      193 words
    • Article
      Lock icon KepCorp selldown overdone: analysts
      722 2  -  It is within Temasek stable; has clean balance sheet By I Siow Li Sen [SINGAPORE] The selldown of Keppel Corporation shares over the changing of the guard at the company is unnecessary and overdone, say analysts. Yang Sy Jian, Kay Hian research director, said: "The concerns
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      39 2 B V LC A R I The Sport Svatch. Available in Singapore at Bvlgari, llilion Hotel 737 1652 Takashimaya Department Store 735 *689 «nd: Dickson Watch Jewellery, The Promenade 732 8900 Ccntrepoint 734 5822 Suntec City Mall 336 4871
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  • SINGAPORE companies
    • Article
      Lock icon Creative's Q1 profit halved, but above expectations
      585 3  -  Sales of audio products better than expected; sonnd cards to continue as main profit driver By] Eugene Low BOOSTED by strong sales of audio products, which surpassed internal forecasts, Creative Technology yesterday reported better-than-ex-pected results for the first quarter ended Sept 30. Compared
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    • Article
      Lock icon Informatics' earnings up 25% on strong growth in IT training
      227 3 INFORMATICS Holdings has reported a 25 per cent rise in group interim net profit to $6.3 million, thanks to strong growth in the IT training and education sector. This growth was achieved on the back of a 23 per cent
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    • Article, Illustration
      Lock icon Hong Leong to boost financial services business
      325 3  -  By 1 Teh Hool Ling THE Hong Leong group will step up its involvement in the financial services sector in Singapore and Millennium Securities will be an integral part of that plan, the group's executive chairman Kwek Leng Beng said yesterday. Together with
      ARTHUR LEE  -  325 words
    • Article, Illustration
      Lock icon Absorbing ACI makes Acer Inc more flexible: MD
      609 4  -  |:)l exclusive Integration will allow the group to respond to market conditions better Hy Teh Hooi Ling TO stay competitive in an information technology arena that is expected to get tougher, Acer Computer International (ACI) has to be delisted and absorbed into
      ARTHUR LEE  -  609 words
    • Article
      Lock icon A let-down for A CI's minority shareholders
      725 4  -  lock siew lee han shih POR many Acer Computer International (ACI) minority shareholders, the move to take it private has left a bad taste in the mouth. Why? One would recall that the minority shareholders (then potential investors) were given the red-carpet treatment
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    • COMPANY Briefs
      • Article
        Lock icon Vikay units' sales delayed
        73 4 THE judicial managers of Vikay Industrial said yesterday that the sale of Vikay Science Technology Development (Shenzhen) Co Ltd and MULCD Microelectronics (Shenzhen) Co Ltd has been extended to Nov 5 as Vikay has not yet obtained full approvals from the authorities in China. They also
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      • Article
        Lock icon ITE agrees to buy into power company
        55 4 ITE Electric Co has agreed to take a 51 per cent stake in Industrial Power Technology Pte Ltd, which is engaged in constructing co-generation power stations and supplying boilers in the region, for $765,000. The vendor of the 612,000 shares of $1 each
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      • Article
        Lock icon Rothmans to be delisted from today
        38 4 FOLLOWING the completion of the compulsory acquisition exercise, Rothmans has become a wholly-owned subsidiary of British American Tobacco Singapore Investments. Accordingly, it will be delisted from the Singapore stock exchange from today.
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      • Article
        Lock icon DBS50 to include Informatics
        36 4 DBS Bank yesterday said its DBSSO Index will be revised in line with the delisting of Rothmans. From today, the computation of the index will incorporate Informatics Holding in place of Rothmans.
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      • Article
        Lock icon CMB sells China land use rights
        74 4 Reuters CARNAUDMETALBOX Asia (CMB) has sold its land use rights and factory building in China for US$6.5 million (Sslo.B million). The company said yesterday that the property, controlled by an 85 per cent-owned China unit, had ceased operations in 1996. It said the property
        Reuters  -  74 words
      • Article
        Lock icon LJ to buy out partner in China JV
        115 4 AFP ENGINEERING firm Lindeteves-Jacoberg (LJ) expects to buy out its partner in a Chinese electric motor manufacturing joint venture by the end of March. Its partner in the 50-50 venture, Western Electric (Dalian) Ltd, is Dalian Electric Motor Works. The joint venture
        AFP  -  115 words
      • Article
        Lock icon Rotary in tie-up with Powell
        87 4 ROTARY Engineering said yesterday that it signed a joint-venture agreement with Nasdaq-listed Powell Industries Inc to set up Powell Industries Asia Pte Ltd. The 50-50 joint venture will provide power control rooms and switchgears as well as die facilities and manpower to construct them. It
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    • Article
      Lock icon China's telecom ban to affect Lion Teck Chiang
      366 5 Auditors uncertain over recoverability of firm's telecoms investments there CHINA'S move to cut foreigners from the domestic telecoms market will have a major impact on Lion Teck Chiang's current financial year. Although the mainboardlisted company is in talks to recoup more than
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    • Article
      Lock icon UOBAM and Unifem Singapore launch 'ethical' fund
      234 5 HERE is a fund with a difference, or at least one that intends to make a difference. UOB Asset Management yesterday launched what it called an "ethical" fund jointly with Unifem Singapore, which is the Singapore Chapter of the United Nations Development Fund
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    • Article, Illustration
      Lock icon Ho Bee gets mainboard listing nod
      702 5  -  ■JI4VJ listings It may postpone debut due to poor market sentiment, say sources fly Carol Eng HO Bee Investment has secured in-principle approval for a mainboard listing but the property firm may postpone its debut due to poor market sentiment, said sources. While Ho
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    • Article
      Lock icon IRE Corp's IPO is 54 times subscribed
      207 5 INVESTORS have scrambled for the public tranche of IRE Corporation's initial public offer, driving the subscription rate to 54 times. The building maintenance and upgrading group said yesterday it received 21,325 applications for 347 million shares, against its offer of 6.44 million shares
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      993 4 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that, I, WONG KEE HOONG of APT BLK 726 TAMPINES STREET 71 #08-191 SINGAPORE *****6, have applied for a RETAIL LIQUOR SHOP LICENCE in respect of M/S NTUC FAIRPRICE CO-OPERATIVE LTD (HOUGANG POINT BRANCH)
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      349 4 SMsoover Yourself 1900-912-0014 CtmmmuiNnM. (aubMctto3%GST) IFQ jBF 10« a mnu* ior on) phon» KC«M Thi»ib»lcnHfcmltpwwMin NOTICE IS HEREBY GIVEN that, I. TOH WEI LOONG of BLK 228 TOA PAYOH LOR 8, #04-148 SINGAPORE *****8, have applied for a RETAIL LIQUOR SHOP LICENCE in respect of M/S NTUC FAIRPRICE CO-OPERATIVE LTD
      349 words
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      134 5 J X 'T-./ *i«» V A/fa 756 O System 2.5 V 6 24V; 190bhp, O-lOOkm/h in 8.0 sec ALFA 156 Q SYSTEM. SPORTS AUTO TRANSMISSION REINVENTED. The Alfa 156 Q System brings you the latest performance with automatic comfort. What's more, you electronic/manual mode and really feel the surge of
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      452 6 Stocks Volume CM Telecom HK75C 15,067,000 TIBS WWO 9,573,000 'Getting Int 7,070,000 Keppel Coip 6,357,000 GES lntlL«20c 4,897,000 Omni Ind 10c 4,814,000 STEngg 10c 4,461,000 FWy tntUSIOc 3,990,000 NOL 3,417,000 CM Telecom WtOO 3,182,000 Stocks > OCBC 35,313,423 SIA 29,884,098 Keppel Co«p 27,646,118 NetElec 10c 16,905,446 SPH 15,841,949 DBSGrp 13,790,902
      452 words
    • Article, Illustration
      Lock icon STI regains 2,000-level, but eyes still an FOMC meeting
      583 6  -  1-1 i comment STOCKS r. sivanithy THE date and day may have been different but the story was basically the same for the local stock market yesterday as prices rose on low volume and ideas remained thin on the ground. Still,
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    • Article, Illustration
      Lock icon Worst may be over for now but Tibs wrt a high-risk play
      212 6  -  WARRANT WATCH By R Sivanithy EVER since the news that the SMRTTibs merger has been called off, the Tibs share and warrant have taken a massive walloping. In May, the share sold for as high as $4.46; yesterday,
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    • Article, Illustration
      Lock icon More upside seen for CM Telecom
      248 6  -  HOT STOCK By Teh Hooi Ling CM Telecom was the most heavily traded counter yesterday. Some 15 million shares changed hands with the stock closing one US cent up to 47.5 US cents. The stock's 10-day average trading volume was 9.2 million. There appears
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    • Article
      Lock icon Diary of events Friday, Oct 29
      93 6 Singapore URA expected to release its third quarter Property Price Index SIA expected to announce its interim results ♦9am. Construction Industry's Development in the New Millennium Confer* ence ♦9.50 am. Pata Travel Mart 2000 ♦3.30pm. Launch of R&D collaboration between Centre for Wireless Communications
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    • Article, Illustration
      Lock icon Yen rise against US$ curbed, at expense of euro, £,A$
      512 6  -  pi :ig comment CURRENCIES Greenback almost unchanged amid Japanese verbal intervention larry wee A SERIES of warning growls from Japanese officials yesterday protesting the yen's recent surge curbed the Japanese currency's gains against the US dollar but this only accentuated
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      94 6 r r /ztf i *®^s*?« f j u Jgj < >9l^E w ,e w I v?V I HlyJt %(gwW I Jf7 < -;v. 58a J?."■ *4? 11 ■KLM/ Jfiw. 1 His Holiness, The 17 Gyalwa Karmapa VEN. SHANGPA RINPOCHE The Abbot of Karma Kagyud Buddhist Centre, Singapore and All Devotees
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      18 6 Going to trade online? You need DBS investor Online Simply the best research. Call 323-3955 today >51 XiSBANK
      18 words
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  • SINGAPORE news
    • Article
      Lock icon No substantial price rises seen
      368 7  -  on the economy inflation By. Audrey Tan CONSUMER prices are unlikely to rise substantially this year, despite the strong economic growth momentum, economists say. A survey of 11 economists by a London-based consultancy, Consensus Economics, found that forecasts for Singapore's inflation this year range from
      368 words
    • Article
      Lock icon LaSalle Inv gets approved fund manager status
      264 7  -  By Andrea Tan LASALLE Investment Management, part of the Jones Lang LaSalle group, has secured approved fund manager status from the Monetary Authority of Singapore and aims to manage about US$5OO million to US$6OO million (SsB34 million-1 billion) in funds and property in
      264 words
    • Article
      Lock icon Give one-off bonus if you can afford to hike CPF by 3-5 pts, firms urged
      507 7  -  NTUC: Their staff should not lose out with smaller 2 point restoration of CPF By* Audrey Tan COMPANIES which can afford to restore their contribution to the Central Provident Fund (CPF) by more than 2
      507 words
    • Article, Illustration
      Lock icon PWD Corp's first overseas office to be in Shanghai
      277 7  -  ity Eugene Low AS part of its regionalisation drive, PWD Corp is setting up its first overseas office in Shanghai. The office will service PWD Corp's projects in China and will be used as a springboard for further expansion into the
      277 words
    • Article, Illustration
      Lock icon SES, Simex electronic trading systems may be linked after merger
      473 7  -  It'll enable trader in a stock exchange terminal to access the Simex system By I Soh Tiang Keng THE electronic trading systems of the securities and futures exchanges Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (Simex)
      ARTHUR LEE  -  473 words
    • Article, Illustration
      Lock icon Asians have not lost vitality and growth potential
      597 8  -  Fundamentals that brought high growth to region still exist, says SM Lee Report* by Quak Hiang Whai in Hongkong EAST Asians have not lost their vitality and the fundamentals which have helped bring about high economic growth in the past are still
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    • Article
      Lock icon Rule of law more important: SM Lee
      376 8 THE rule of law is more important than democracy in a free market, Senior Minister Lee Kuan Yew said in an interview. And if democracy is really a pre requisite for a free market economy, the United States and the West would not
      376 words
    • Article
      Lock icon SingNet in new Net channel tie-ups
      321 8  -  Partners in mnsic, job recruitment and auction boost content By Ling Su Ann SINGNET has announced its partnership with three new Internet channels in the areas of music, auction and recruitment, increasing its content partners from two to five. "We are re-orientating our consumer
      321 words
    • Article
      Lock icon Fixed broker rates: retail investors not always better off
      471 9  -  MAILI.TTTB Jai Tan Singapore via Internet AT first glance, it would appear that when brokerage rates become negotiable, the average retail client would benefit from lower commissions. But that may not be so. If you look at what's happening in the
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    • Article
      Lock icon Paying interest before loan is available
      201 9  -  Chim Keng Hoong Singapore via Internet I REFER to Lee Han Shih's article "Making CPF members pay dearly" (BT. Oct 26). In the latest issue of Income Focus, NTUC Income mentioned that loans on policies can be taken through the 24-hour phonelink service. I
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    • Article
      Lock icon Restaurants shouldn't levy surcharge
      179 9  -  Kent McNeley Country Marketing Director Global Consumer Banking Citibank, NA Singapore I REFER to Phoon Geng Chee's letter "I tore my hair out seeking explanation from Citibank" (BT, Oct 23). To Mr Phoon, I would like to confirm that we are listening. Customer satisfaction is and
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      9 7 TODAY® i Uanhe Zaobao "maps" «ms» ""4L ?i aji
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      208 7 iVJTI THE WORLD'S LEADING W V 1 OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 19/5 our worldwide staff of over 2 75 multi d'V iplined professionals including lawyers, chartered accountants, chartered BRT secretaries and bankers have' prowded TAjV confidential and cost effective company formation in all the major low ta*
      208 words
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      95 7 A Timely Investment A Site Of Unparalleled Value If you must make one choice before the millennium, this must be it! "i" m 126,607 square feet of prime, freehold, «r elevated land iSS fclr—*.2/.. Inner city resort living at its finest iSVMflftflflEi Existing development Cairnhill Court 1 (76 units) at
      95 words
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      984 8 sgn CHUAIU HUP HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the TWENTY-NINTH ANNUAL GENERAL MEETING Of the Company will be held at 322 Jalan Ahmad Ibrahim, Singapore *****1 on Friday, 19 November 1999 at 2.30 p.m. to transact the following business: Ordinary Business: 1. To
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      759 8 KB C PCI LIMITED I (Incorporated in the Republic of Singapore) I -H v fiß NOTICE IS HEREBY GIVEN that the TENTH ANNUAL GENERAL MEETING of the Company will be held at 322 Jalan Ahmad torahlm. B Singapore *****1 on Friday. 19 November 1999 at 2.15 p.m. to transact the
      759 words
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      386 9 GIRARD-PERREGAUX poor FERRARI S. F. FOCJDROYANTE Constant GIRARD, the founder of GIRARD-PERREGACJX, The Manufactory's made a name for himself in the watch world as a technical watchmakers, always innovator. He demonstrated this yet again in 1880 when in search of new he made a split-second chronograph with jumping *Jr challenges,
      386 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon But how do I make money from the Net?
      677 10  -  ■TTT^ bottom line OPINION j s gan The writer has been involved in the Internet industry since the mid-1990s I RECENTLY attended an Intel-organised conference called "Destination: Internet Economy". On the invitation card, it promised to be "the Internet event of
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    • Article
      Lock icon IN OTHER WORDS
      130 10 'Information is not the government's business, it is the people's business.' Abdurrahman Wattd Indonesian president, on his decision to scrap Indonesia's media-control arm, the Department of Information. 'We will not tolerate any monkey business any more.' MitmH Bmhmm new Indonesian attorney-general, deciding to re-open a corruption inquiry
      130 words
    • Article
      Lock icon Win-win proposal for S'pore, HK
      579 10 EDITORIAL THE suggestion by Senior Minister Lee Kuan Yew for a link-up between the high-growth boards of the stock exchanges of Hongkong and Singapore sounds a sawy idea that could lead to a winwin situation for both, especially when it comes to promoting the high-tech
      579 words
    • Article, Illustration
      Lock icon Was everybody wrong about globalisation?
      1277 10  -  Trade was twice as vital to US in 1870s as in *****, and could be even less important by 2020 By' Walter Russell Mead The writer is a senior fellow at the US Council on Foreign Relations. He is author of Mortal Splendor: The American
      FILE PHOTO  -  1,277 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      839 10 OS-India relations AS New Delhi sets about readying the red carpet for the First visit in two decades by an American President, the Clinton administration must take the one decisive step that can lift the bilateral relations out of the depths to which they had sunk
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  • MALAYSIA news
    • Article
      Lock icon KL 'could re-peg ringgit up 10-15% next H2'
      480 11 SINGAPORE JP Morgan sees the ringgit as the most undervalued currency in Asia Bridge News THE Malaysian government could re-peg its ringgit currency 10-15 per cent higher in the second half of 2000, in tandem with the stronger Asian currencies following the
      Bridge News  -  480 words
    • Article
      Lock icon Financial institutions Y2K ready: BN
      254 11 KUALA LUMPUR Malaysian central bank vows to inject liquidity, if needed Reuters MALAYSIA'S central bank said yesterday that the country's financial institutions are "100 per cent Y2K ready" and it pledged to inject liquidity if needed to meet any surge in demand for cash at
      Reuters  -  254 words
    • MARKET moves
      • Article
        Lock icon Telekom shares up on NTT talk
        74 11 SHARES of Telekom Malaysia Bhd rocketed 60 sen or 5.3 per cent yesterday to close at RM12.00 on market talk that Japan's NTT would soon buy into the Malaysian firm. Talk of NTT buying into Telekom had been in the market for some months.
        74 words
      • Article
        Lock icon Budget boost for property stocks
        75 11 PROPERTY stocks rose yesterday as investors bet that Malaysia would unveil a Budget that could boost home purchase. Stocks including Sime UEP, 101 Properties and UM Land saw gains yesterday while the overall KL Stock Exchange Property Index jumped nearly 30 points to close at
        75 words
      • Article
        Lock icon Coming out tops
        94 11  -  Compiled by Ruth Wong ELECTRONIC components and semiconductor devices maker Malaysian Pacific Industries (MPI) was the top gainer on the KL bourse yesterday after it announced earnings which were much better than anticipated. For the first quarter, MPI had already raked in a net profit of RM67
        94 words
    • Article
      Lock icon AMMB on the lookout for bank merger partners
      239 11 KUALA LUMPUR Arab-Malaysian Bank said to want to be anchor bank Bridge News AMMB Holdings Berhad is "identifying and exploring opportunities to merge its banking subsidiaries with potential merger partners" in the consolidation of local banking institutions, the company said in a
      Bridge News  -  239 words
    • Article, Illustration
      Lock icon Goodies galore?
      165 11 Out today: A printer checking a copy of Malaysia's Economic Report yesterday. Stockmarket analysts and research houses see generous handouts in Malaysia's 2000 Budget today Reduction of the tax rate of the top individual income tax bracket to 28% from 30%, bringing it in line with the top
      165 words
    • Article
      Lock icon CI Hldgs offers RM450m for 30.3% KFC stake
      219 11 KUALA LUMPUR Bloomberg MALAYSIAN construction company CI Holdings Bhd said it will buy a 30.3 per cent stake in the country's largest fast-food company, KFC Holdings Bhd, for 450 million Malaysian ringgit (Ssl97 million) in stocks and debt. The purchase "will enable
      Bloomberg  -  219 words
    • Article
      Lock icon Johor must exploit its position: MB
      260 11 ■JOHORBARU Bernama MENTERI Besar Abdul Ghani Othman said Johor must exploit its position as Singapore's neighbour by capitalising on the economic growth experienced by the island republic. "Singapore's economy is already renowned and thus Johor Baru should capitalise on what its neighbour has." he
      Bernama  -  260 words
    • Article
      Lock icon Malaysia relaxes securities rules
      116 11 KUALA LUMPUR AFX-Asia THE Securities Commission has reduced the maximum period a director may be barred from dealing in the securities of his own company to four months from the previous maximum of eight months. The SC said the relaxation is necessary to allow for quarterly
      AFX-Asia  -  116 words
    • Article
      Lock icon TRI keeps silent ahead of US$200m bond deadline today
      476 12 KUALA LUMPUR Faces serions liquidity crouch if bonds are not restructured Reuter MALAYSIA'S Technology Resources Industries Bhd (TRI) was silent yesterday on its plans to meet a US$2OO million (*****.8 million) bond redemption deadline today, amid speculation it planned to extend
      Reuter  -  476 words
    • Article, Illustration
      Lock icon 'Shadow' Budget
      81 12 [KUALA LUMPUR] The president ofMalaysia's opposition National Justice Party, Wan Azizah Wan Ismail, listening to the opposition's economic adviser Jomo Sundram (foreground) during the unveiling of the parties' "shadow Budget proposal here on Tuesday. Four Malaysian opposition parties on Wednesday unveiled their first Budget proposal that would cut
      REUTERS  -  81 words
    • Article
      Lock icon Anwar implicates Daim in plot against him
      452 12 KUALA LUMPUR Says Daim was out to avenge loss of New Straits Times stake AFP SACKED deputy Prime Minister Anwar Ibrahim said yesterday the man who is now Malaysia's finance minister plotted against him after losing control of a lucrative newspaper chain to
      AFP  -  452 words
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      1057 12 Bankßoston Incorporated In ths U.S.A. with Limited Liability) BANKBOSTON CORPORATION Consolidated Balance Sheet (dollars In millions, except par shsrs amounts) Dacambar 31 1996 1997 Dacambar 31 1998 1997 ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY Cash and due from banks 3,773 4,006 D^^ tic <^3 Interest bearing deposits in Noninterest bearing 6,554
      1,057 words
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      152 12 Lost your Try finding it at Classification 821 (Found) of ♦The Straits Times Classified. CATS. Buy It MIL Find k. nnTTOP OP /BUSINESS ADMINISTRATION /E9DBA fl Awarded by University of Southern Queensland (USQ) Specialisation in: I Marketing Project Management Human Resource General Management Information Systems USQ students enjoy excellent graduate
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      54 12 Classified First. Vt Z Need to get something fixed? Or simply seek out a good buy? Your best bet: Check The Straits Times Classified First. LxmT 11 I fcvk.Mk.Ml Classified First. Want to get a laptop? Or simply get computer savvy Log on to the best site: The Straits Times
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Thailand launches equity fund worth up to US$1b
      415 13  -  Fond, in partnership with IFC and Lombard, to invest in private enterprises Front Harish Mehta in Bangkok THAILAND set up an equity fund worth US$5OO million to US$l billion (*****.5 million--1.69 billion) yesterday to invest in existing private enterprises in Thailand and
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      Lock icon Thailand to delay selling another 10% of SCNB
      304 13 BANGKOK Sale, trading of bank stock suspended till operations resume Reuters THAILAND'S Financial Institutions Development Fund (FIDF) will delay a public offering of a further 10 per cent stake it holds in Standard Chartered-Nakornthon Bank (SCNB) until the bank has resumed normal
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    • Article
      Lock icon Total Access seeks to reschedule US$350m debt
      204 13 BANGKOK Bloomberg TOTAL Access Communication Pel, Thailand's No 2 mobile phone operator, said it will negotiate with creditors to extend the payment period on US$35O million (*****.5 million) of debt. The debt, a third of the company's total 40 billion baht (Ssl.7 billion)
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      Lock icon San Miguel Corp's Q3 profit surges 113% to 1.3b pesos
      355 13  -  From, Al Labita in Manila LISTED homegrown conglomerate San Miguel Corp (SMC) saw its third-quarter net profit surge 113 per cent to 1.31 billion pesos (SSS4 million) despite an 11.1 per cent drop in turnover to 17.6 billion pesos. The
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      Lock icon Ibra may come under president's control: top economic adviser
      505 14 JAKARTA Agency's suffered from having too many masters, says Ynsnf Faishal Bloomberg THE battle for control of the powerful Indonesian Bank Restructuring Agency has begun. If Yusuf Faishal, President Abdurrahman Wahid's top economic adviser and secretary of the newly established National
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    • Article
      Lock icon Syahril clarifies comments on Bank Bali takeover
      274 14 JAKARTA Bloomberg BANK Indonesia said yesterday that central bank governor Syahril Sabirin's comments on Monday that the Standard Chartered pic takeover of PT Bank Bali wasn't final were misunderstood. "The Bank Indonesia governor never gave the impression that Standard Chartered hadn't succeeded in
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      Lock icon Gus Dur rules out Cabinet reshuffle
      196 14 AFP (JAKARTA] Indonesian President Abdurrahman Wahid yesterday ruled out reshuffling his Cabinet following public criticism that some ministers were not up to their jobs. "1 will not do any reshuffling of the Cabinet, even though there are opinion? that some of the posts were
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    • Article
      Lock icon Surabaya bourse to list 48 Ibra-revamped firms
      138 14 JAKARTA Bloomberg THE Surabaya Stock Exchange (SSX) is asking for underwriters to help list shares of 48 companies that have been restructured by the Indonesian Bank Restructuring Agency (Ibra). "My party has signed a (memorandum of understanding) with Ibra to undertake the listing
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      2177 14 GPE Industries Limited =1 (Incorporated in the Republic of Singapore) Notice Of Extraordinary General Meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at The Pan Pacific Hotel, Level 2, Gateway 5, 7 Raffles Boulevard, Marina Square, Singapore *****5 on Friday. 19 November
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      695 14 ®LIAN BENG GROUP LTD (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the First Annual General Meeting of HAN BENG GROUP LTD will be held at Orchid Country Club, Sapphire 3, Social Club House-Level 2, 1 Orchid Club Road, Singapore *****2 on
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      104 14 NOTICE IS HEREBY GIVEN that I.TELAK NARAYANAN of BLK 101, #07-50 Woodlands St 13 Singapore *****1, have applied for a Public House, Ist Class (Extended) Licence in respect of M/s Suede Pte Ltd located at No. 16 Mohamed Sultan Road #01-01 Singapore *****5. and that this application will be considered
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  • EAST asia
    • Article
      Lock icon China Telecom raises US$2b via share sale
      426 15 Telecom cnra HONGKONG Shares priced at small discount; group now largest in Asia, ontside Japan Bloomberg CHINA Telecom (Hongkong) Ltd, the only publicly traded company that owns cellular telephone networks in China, increased the size of its share sale as investors bought into
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      Lock icon Fit for an emperor
      70 15 [BEIJING] A Chinese girl displaying on Tuesday at the "99 Beijing Autumn Auction a bottle of wine made in 1846f0r the late emperor of the Ch 'ing Dynasty. The set of three bottles, found in 1996 in north-east China's Liaoning province, was sold for 159,500renminbi (5531.900).
      XINHUA  -  70 words
    • Article
      Lock icon HK's exports up 4.9% in Q3 – thanks to China
      366 15 HK's exports up 4.9% in Q3 thanks to China HONGKONG Bloomberg HONGKONG'S exports rose 4.9 per cent in the three months through September from the previous quarter, helping to fuel the city's rebound from recession. The quarterly change, adjusted for seasonal differences, is the latest evidence that Hongkong is benefiting
      Bloomberg  -  366 words
    • Article
      Lock icon SHK Properties signs 'virtual office' deal with Microsoft
      310 15  -  Services; provision of Web sites, e-mail facilities, video-conferencing From Meera Tharmaratnam in Hongkong SUN Hung Kai (SHK) Properties, one of Hongkong's largest real estate developers, signed an agreement with Microsoft Corp yesterday to provide virtual office services to its customers. The virtual
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      605 15 I Notice (pursuant to Section 50(1 )(b) of the Insurance Act, Chapter 142) Notice is hereby given that a Scheme dated 24th September, 1999 to effect the transfer of, inter alia, the general insurance business of Allianz Insurance (Singapore) Pte Ltd rAllianz Insurance"), a company incorporated in Singapore and with
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      1091 16 LLLsJ=yBANQUE NATIONALE DE PARIS HEAD OFRCE: 16, Boulevard des Italiens ***** Paris, France BRANCHES IN ASEAN: Branches in Singapore, Malaysia (Labuan), Thailand, Vietnam, Representative Offices in Indonesia, Malaysia, Vietnam, Myanmar, Offshore Banking Unit in Philippines SUBSIDIARIES IN ASEAN: BNP Prime Peregrine (Singapore) Limited, BNP Prime Peregrine Securities Re Ltd, BNP
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  • SOUTH asia
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      Lock icon Limbering up
      37 17 [PERTH] Pakistani fast bowler ShoaibAkhtar stretching during training in Perth. The Pakistani cricket team is in Australia/or a three-Test and one-day tour. They'll be playing their first Test match in Brisbane an Nov 5. AFP
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    • Article
      Lock icon India unveils insurance bill amid opposition from leftists
      455 17 NEW DELHI Bill tabled to allow foreigners stakes of up to 26% Bloomberg INDIA introduced a bill to open its insurance market to foreign competition in the lower house of Parliament amid opposition from leftist and regional political parties. Finance Minister Yashwant
      Bloomberg  -  455 words
    • Article
      Lock icon Strong sales to lift profit at Suzuki India
      256 17 MADRAS Reuters EARNINGS at India's TVS Suzuki Ltd are seen riding higher on strong motorcycles sales for the first half of 1999/2000 (April-March), analysts said yesterday. K C Ganesh, equity analyst at Carlson Investments, forecast a net profit of 470-480 million rupees
      Reuters  -  256 words
    • Article
      Lock icon Indian central bank expected to boost liquidity
      400 17 BOMBAY Market envisages steps like reverse repos, more refinance facilities Reuters INDIA'S central bank might adopt steps including reverse repos or additional refinance facilities to boost liquidity in a mid-term review due today, bankers said. The market is veering to the view the
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    • Article
      Lock icon Sun sees shining revival in Asian sales
      239 17 COLOMBO Region's Q1 sales are up 50-60% over last year's Reuters SUN Microsystems Inc is seeing a healthy recovery in its Asian sales after a two-year lag, Michael Barnes, head of Sun's South Asia Government Programmes, said yesterday. "We had slower dollarrate sales
      Reuters  -  239 words
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      172 17 Remember barriers to entry? Those handy data in search of new ways to make yourself financial obstacles that kept upstarts from indispensable. encroaching on your turf? It certainly will mean maintaining a nimble, Well, the barriers have fallen and they won't be tuned-in culture that meshes its people, process, getting
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  • SPOTLIGHT on sweden
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      Lock icon Sweden—out to outdo itself
      1233 18  - Sweden —out to outdo itself This northern European country has certainly achieved much, but its people believe there's still lots more to work towards Reports by Anna Teo SUMMER lingered on in Sweden this year Stockholm was unseasonally warm in September, and the Swedes seemed to hit the streets and
      Source: OECO, Education at a glance; Soource: 1999 World Com Yearbook  -  1,233 words
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      Lock icon Still more to do for world champion of sex equality
      663 18 WITH 10 women in its Cabinet of 20 ministers, and overall a 43 per cent female representation in the 349-strong Riksdag, its Parliament, Sweden is often cited as the world champion of sex equality. But the Office of the Equal
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      Lock icon Addressing a taxing problem
      1261 18 Sweden is reforming its tax system, bnt some say it's too little, too slow AS director of knowledge and competence at the Federation of Swedish Industries (FSI), Camilla Modeer lobbies policy makers on issues close to the hearts of its 9,000 member firms. Their top concerns,
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      Lock icon Building Swedish, Asian trade ties
      728 19  -  The Swedish Trade Council is telling firms now is the time to catch Asia's bounceback Reports by. Anna Teo SWEDEN may be the gateway to Scandinavia and the emerging Baltic region, but one message the state trade council is sending Swedish companies is it's high
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      Lock icon China likely to see the biggest changes, say Asia watchers
      859 19 A DECADE down the road, Japan will remain "the clearly dominant economy" in Asia, but most likely it's in China that the greatest changes will take place, according to Sweden's Asia watchers. Painting a scenario of Asia in the year
      859 words
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      92 19 I s A Host Of Privileges Await You At Burswood. "Y'fr**##? s In Perth, Western Australia, there's a resort that's world class, worlds apart. Share in the excitement and privacy of our International Room. Be our guest with special international resort incentives and privileges. Telephone Perth (+618) 9362 7070, facsimile
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      513 20 ■&?k:sk m *>» vjc~ t'c iew/CMVWI '.<< vi V* j --V- ~uwivT.a« fc*?irsß ,4 Vv. 'VP&Z+' '***&<&* JVT •--^V—«,v/;.r vfcnr»^*">7y-r^#G i s~ v. A' v-s* •■> ir.-. *J' -ii, t >- r i 3W-ri >♦ 'fe ?m£ *r &> W > V u «>- ->i>- -i: ti-'; f> t- '.V
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  • WORLD news
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      Lock icon HP shares sink 13% on concerns over 4th qtr
      592 21 PALO ALTO, California Firm sees additional risk to earnings; PC sales growth not pairing up for lower server sales Bloomberg, NYT, Bridge News SHARES of Hewlett-Packard Co tumbled more than 12 per cent after the world's No 2 computer maker said
      Bloomberg,; NYT,; Bridge News; Source: Bloomberg  -  592 words
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      Lock icon A war hero for the White House?
      783 21  -  PEOPLE Byl Leon Hadar [WASHINGTON] THERE was a time in America when a war hero running for any political office would enjoy a major advantage over other political rivals with no combat experience. Indeed after Dwight Eisenhower, the former World War II commander,
      783 words
    • WORLD Briefs
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        Lock icon Telecom NZ drops bid conditions
        84 21 Reuters [WELLINGTON] Telecom Corporation of New Zealand said yesterday it was withdrawing all conditions on its takeover bid for Australian telco AAPT. "The condition relating to foreign investment has been satisfied and all other conditions have been removed," Telecom said in a statement. The New
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      • Article
        Lock icon Sydney exchange okays Nov 12 close
        58 21 Bloomberg [SYDNEY] The Sydney Futures Exchange, the largest futures and options exchange in the Asia-Pacific, said its members have voted to close its trading floor Nov 12 and move to electronic trading Nov 15. At an extraordinary general meeting, SFE floor members voted in
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      • Article
        Lock icon Korea's Sept surplus widens
        46 21 Bloomberg [SEOUL] South Korea's current account surplus widened 72 per cent in September from August, thanks to better-than-expected exports of goods. The current account posted a U552.43 billion (Ss4 billion) surplus, up from US$l.4l billion in August, the Bank of Korea said.
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        Lock icon Daewoo's troubled units owe US$43b
        65 21 Bloomberg [TOKYO] Daewoo creditors were told that the group's nearly insolvent companies owe a total US$43.l billion (5571.8 billion) from bonds, loans and trust accounts and that advisers' plans to reorganise the businesses and debts are not complete. Daewoo's domestic businesses owe a total U5536.4
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    • Article
      Lock icon World chip sales seen up 15% this year, 21% next
      426 21 SAN JOSE, California Rosy forecast by trade body follows fall of 8% last year Bloomberg DRIVEN by chips used in communications equipment, global semiconductor sales are expected to rise 15 per cent this year and 21 per cent in the
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    • Article
      Lock icon Amazon.com warns losses may grow far more in Q4
      322 21 NEW YORK NYT AMAZON.COM, by far the biggest merchant on the Internet, reported on Wednesday that its losses in the third quarter were slightly less than analysts had expected. But the company also warned that it planned to lose far more
      NYT  -  322 words
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      Lock icon Deutsche Telekom net profit falls 19%
      119 21 FRANKFURT Reuters GERMAN telecoms giant Deutsche Telekom AG said yesterday that its nine-month net profit fell by 19 per cent, more than expected, as price cuts in its hotly contested home market hurt its bottom line. Net profit was 1.25 billion euros (512.19 billion),
      Reuters  -  119 words
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      Lock icon NatWest to sell 4 units to fend off Bank of Scotland's bid
      384 21 LONDON It will also focus on core UK banking, step np job-cut plan IHT NATIONAL Westminster (Nat West) Bank Pic promised Wednesday to sell four subsidiaries, focus on its core British banking activities and step up a job-cutting
      IHT  -  384 words
    • Article, Illustration
      Lock icon Yen's rise excessive, Tokyo warns markets
      498 22 TOKYO Bnt unit continues to climb against US$, euro despite intervention risk Reuters, AFP JAPAN threw down the gauntlet on its resurgent currency yesterday, saying the yen's rise against the US dollar and the euro was "excessive" and warning the markets of action to
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      Lock icon Top US firms say they're set for Y2K
      280 22 BOCA RATON, Florida But a few worries remain over countries riding oat economic tnrmoil Reuters AMERICA'S biggest corporations have tidied up their own computers and believe themselves only remotely vulnerable to Y2K computer malfunctions looming at the new year, top corporate leaders
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    • Article
      Lock icon US expansion averaging 3.5%, up from earlier 3.1% estimate
      460 23 WASHINGTON Figures raised in govt benchmark revisions; GDP growth in Q3 estimated at 4-8% Bloomberg THE US economy is barrelling along faster than the government previously estimated, fuelled by a technological revolution that's boosting productivity and driving down inflation. Economic growth
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      Lock icon HKMA appoints Mr Yen as research adviser
      279 23 HONGKONG Bridge News THE Hong Kong Monetary Authority (HKMA) yesterday announced Eisuke Sakakibara, once popularly known as "Mr Yen" for his influence on the currency markets, has been appointed as an adviser to the HKMA's newly established Hong Kong Institute for Monetary Research.
      Bridge News  -  279 words
    • WORLD Watch
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        Lock icon News Corp 1st-qtr profit falls 16%
        52 23 Bloomberg [NEW YORK] News Corp, the media company controlled by Rupert Murdoch, said its fiscal first-quarter profit fell 16 per cent on tough comparisons to last year's video sale? of Titanic. For the quarter ended Sept 30, its profit fell to U***** million (*****.4
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      • Article, Illustration
        Lock icon Ringing Marilyn's numbers
        39 23 AFP h {NEW YORK] Christie's auction house employees taking phofie bids for items at The Personal Property of Marilyn Monroe auction. The auction brought in a reported U555.63 million (559.4 million) on the first day. —AFP
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      • Article
        Lock icon Asia, new products boost for P&G
        40 23 Bloomberg [CINCINNATI] Procter Gamble Co said its fiscal first-quarter earnings rose 8.5 per cent on sales of new products and a rebound in Asia. Profit from operations rose to US$l.27 billion (Ss2.l billion). —Bloomberg
        Bloomberg  -  40 words
      • Article
        Lock icon MCI WorldCom profit beats estimates
        50 23 Reuters frJEW YORK] MCI World Com Inc said yesterday its Ihird-quarter profits rose more than 200 per cent due to Strong growth in data, Internet and international services. It said third-quarter profits, excluding its investment in Brazil's Embratel, rose to US$l.l billion (Ssl.B billion). —Reuters
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      • Article
        Lock icon Armenian gunmen surrender
        52 23 Reuters [YEREVAN] Gunmen who killed top officials in Armenia's Parliament freed their hostages and surrendered yesterday, but the ex-Soviet state's army denounced the attack as a plot and demanded the rtimwiaaai of key security officials. The defence ministry made clear its displeasure at the assassination of the
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    • Article
      Lock icon US posts largest budget surplus in FY99
      322 23 WASHINGTON The $123b surplus is the country's 2nd one in a row Bloomberg THE United States posted its second consecutive annual budget surplus in the justended fiscal year the first time that has happened since President Eisenhower occupied the White House in the
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      7 21 Fiorina's fan formula for success, Pg 30
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      193 21 9 QUEEN ASTRID PARK j J Legal Description Lot 257-20 MK 4 JF Land Area 2574.9 sq m (approx. 27,716 sq ft) A* Tenure Leasehold 999 years --^^y* 9 Description Single-sty bungalow sitting on a regular shaped land plot with .C 0 /&y approx. 47m road frontage. It is jilta"
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      336 23 You only pay when you make a hall an hour long distance call to any country with the You can make your long distance calls in the convenience of your office, the public phone, your mobile handphones or just about anywhere you can find a phone! > ENJOY GREAT SAVING!
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      4646 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, JIMMY HANG HOCK YEW of Blk 67Telok Blangah Drive *07-216 Singapore *****7, have applied for a Public House, First Class Licence in respect of M/s Millenium Seafood Restaurant located at 175 Bencoolen Street
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      786 24 NOTICE IS HEREBY GIVEN that I, Pranee Toemsetjaroen of Blk 401 Woodlands Street 41, *(>4-26 Singapore *****1, have applied for a Retail Liquor Shop Licence in respect of M/s Vitya Bryan Minimart located at 443 Sembawang Road Singapore *****2, and that this application will be considered by the Liquors Licensing
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      724 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SINGAPORE SINTO PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) of
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  • FINANCE & commodities
    • Article
      Lock icon Interest in futures centres on spread
      308 25  -  SSMEXReports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market closed higher yesterday boosted by mild bargainhunting in selected blue chips. Singapore Airlines accounted for the bulk of the benchmark index's gains as investors anticipate a stron-ger-than-expected set of interim results due
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      Lock icon Technology stocks boost futures
      182 25  -  MSCI Taiwan futures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures firmed yesterday, albeit by a narrow 0.9 point, as Advanced Semiconductor Engineering Inc rose on the back of higher earnings, pulling up some high-technology stocks as well. The rise came
      182 words
    • Article
      Lock icon Oil down after recent gains
      213 25 ENEMY REPORT Reuters [LONDON] Oil prices lost ground yesterday in a technical reversal of last week's gains and poor refinery profit margins in the United States. Benchmark Brent crude slid 52 cents by late afternoon on the London futures market to U5522.08 a barrel. Brent
      Reuters  -  213 words
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      Lock icon CURRENCY REPORT
      340 25 AFP, Reuters London THE US dollar scaled onemonth peaks against the euro and the Swiss franc and bounced almost one yen against the Japanese unit yesterday after US stock and bond markets rallied on benign US employment cost and growth data. The Dow Jones Industrial Average rose more
      AFP,; Reuters  -  340 words
    • Article, Illustration
      Lock icon Untitled
      1259 25 DtTERBAIIK CROSS RATES A$ C$ Bmfc Euro Ffr Pw HK$ tad Bs BupiaH Yen Won EM H2$ Pa> »s Peso S$ land Sfr Htt 8afct Po—d US$ Australia 0964 6.178 0.602 3.948 1.177 5.054 28.248 44.885 0.686 7.840 2.472 L262 33.696 26.890 1.075 3.956 0.982 20.444 25.036 0.392 0.644 Canada
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      Lock icon Untitled
      1838 25 SICOli FUTURES Oct 28 RUBBER (futwM dosiaq m it 5.30pm) RSS1 CONTRACTS c«nt$/M) ClO* Votam# 0po« Month High Low Sott (toiwts) Intfst Nov 99 H7.25 j|00 Dec 99 119.25 1200 j*n 00 122.75 100 F«t> 00 125.25 100 RSS 3 CONTRACT (US c«ntj/ty) Vo»im* Op#; Month Hlqh Low Sttt (toonos)
      1,838 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng gains pared in late trading
      2865 26 HONGKONG AFP Hang Seng +49.81 HONGKONG share prices rose 0.4 per cent yesterday, surrendering a part of the early gains notched up on the back of a stronger finish overnight on Wall Street, dealers said. "The index moved up on overnight gains on
      AFP  -  2,865 words
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      Lock icon CHINA
      999 26 AFP, AFX-Asia Q Shanghai B Index -0.86 SHANGHAI'S B shares fell 2.1 per cent yesterday after posting strong gains in the previous session, with investors largely staying on the sidelines, analysts said. The Shanghai Stock Exchange's B Share Index, which tracks shares nominally reserved for foreigners, lost 0.86 point
      AFP,; AFX-Asia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  999 words
    • Article
      Lock icon TAIPEI
      390 26 AFP □wp Index -19.37 TAIWAN share prices closed 0.3 per cent lower yesterday in the absence of new buying incentives, dealers said. "There are no new leads to stimulate the stock market, nor are there new funds to inject into the market," said Michael Hsu, manager of Fubon Securities.
      AFP  -  390 words
    • Article
      Lock icon Nikkei up on selective buying
      2015 26 TOKYO AFP Q Nikkei 225 +3L35 SHARE prices in Tokyo rose 0.2 per cent yesterday on selective buying of blue chips and a rise on Wall Street, brokers said. The key Nikkei Average of 225 selected issues gained 31.35 points to close at 17,413.71. "Though
      AFP  -  2,015 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      7614 27 INDUSTRIALS Cmismmt products 1999 Last Vol 0*v Net Cap High Low Comply Sal* OOO High Low P/t Jmll 440 255 Ajinomoto 3K) unch 10 312 310 19.7 125.6 174 46 Angkasa 95.5 0.5 13 95.5 93.5 140.8 404 220 Apollo Food Hlg 320 7.6 128.0 294 115 Ber|aye Land 184
      7,614 words
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      Lock icon Foreign buying ahead of Budget lifts shares
      435 27 AFP Q Composite Index +1L93 MALAYSIAN share prices closed 1.6 per cent higher yesterday led by a late bout of foreign buying of blue chips ahead of the national Budget announcement today, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 11.93
      AFP  -  435 words
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  • SES clob & regional stocks
    • Article
      Lock icon Untitled
      3068 28 BONDS A WARRANTS Oct 28 m mi U0n SMM last M Bar Lwltt—tl A* »MM Cm bar CaaM MB M*a in Urn (mm <*••> La. la«ar Prtc. IMHI •*.«»<%> tart* Ufl 104 10.5 s 3160 "Ac*r ******1USS 41 -0.5 62 41 41 41 41.5 33.1 156 79 2.68 21 80
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      Lock icon BANGKOK
      796 28 AFP El SET Index +10J5 THAI share prices rose 2.7 per cent yesterday on bar-gain-hunting across the board, dealers said. Share prices closed sharply higher in heavy trade on foreign and retail buying after the index sustained gains above the 385point level, they said. The Stock Exchange of Thailand
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      Lock icon MANILA
      289 28 AFP Q Manila +6.69 PHILIPPINE shares closed 0.3 per cent higher yesterday due to optimism over recent positive economic figures, analysts said. The Philippine Stock Exchange Composite Index rose 6.69 points to close at 1,968.97. Volume fell to one billion shares worth 1.8 million pesos. —AFP Oct 29 Mm
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      Lock icon JAKARTA
      690 28 AFP n Composite Into +L4l INDONESIAN share prices closed slightly firmer yesterday on the back of last-minute buying into selective blue chips, dealers said. A dealer said the market managed to close in positive territory due to last-minute buying into some large stocks, but turnover was thin because more
      AFP  -  690 words
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      Lock icon WELLINGTON
      282 28 AFP Q Wellington *2M NEW Zealand stocks ended barely higher yesterday as investors bide their time ahead of next month's general elections. The NZSE-40 Capital Index was up 2.49 points or 0.1 per cent to 2,076.01 on turnover of NZ567.5 million. Telecom was up nine cents to NZs7.Bs.— AFP
      AFP  -  282 words
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      Lock icon SYDNEY
      569 28 AFP Q All Ordinaries *25i AUSTRALIAN shares closed up 0.9 per cent yesterday, thanks to strong gains on Wall Street and a strengthening domestic bond market, brokers said. The Australian Stock Exchange's benchmark All Ordinaries Index ended up 25.9 points at 2,855.4. The All Industrials Index gained 57.4 points
      AFP  -  569 words
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      Lock icon SEOUL
      274 28 AFP n Composite Index ♦27-53 THE Korea Stock Exchange Index closed up 27.53 points at 820.95. Volume was 239.5 million shares worth 2.8 trillion won. AFP w A—Wl—I *000 1550 Br Ml T«Cll 2050 -20 Central Sank 2830 20 CIWMCWM* .***** 700 DM Ou Bank —*250 100 DaatangCarp 44
      AFP  -  274 words
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      144 28 Daniel Jeanßichard InlnuliK nii: "Hivsncl" N.iiiioil alter the iiicknanic o| Daniel Icanßich.tivl. the remarkable I'm) /in it Rutin nl. ii ichbrnhil jafr lll.lt llxes botll Ci >111 |"*c*ll .Hill p«»|s|H'J \CIVW s ll v b.11.11k llk\ ll.lltlMll. uiilihimikii Amm ii ii\ illi |s| jn -ill) i iiiilll tl \\'ll hi
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  • Article
    Lock icon STOCKS ses
    7782 29 MAOf BOARD Transaction date: Oct 28 Cr Cr M Wl 52-Wk Lost Vol Day LMt Ouota W* Dtv VM Not Cop A»g l>» WH Cwnn Ml rOOO) m> L— 8uyor 8—r Cw w M W" MUITHNDUSTVY 182 17.3 m b 1000 Acmo 50c 102 id -5 296 >08
    7,782 words
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  • THE CEO speaks
    • Article, Illustration
      Lock icon Fiorina's fun formula for success
      1308 30  -  HFs new president and CEO Carly Fiorina tells raju rnET.T.AM people have to find joy in their work RAJU CHELLAM PORTUNE magazine called her the most powerful woman in corporate America. Business Week said she has a silver tongue and an iron will. The lady
      ARTHUR LEE  -  1,308 words
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      189 30 VALUE-ADDED FINANCIAL SERVICES. YOUR OWN RELATIONSHIP MANAGER. A ROOM WITH A VIEW. (]{j At the heart of Privilege Banking is Plaza 2, Raffles Place, you'll find your Relationship Manager most those of you who do qualify, we re confident that you II find our RI V I LEGE BANKING your
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      5 30 UOB J p RIVILEGE BANKING
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      164 31 The lilH Hi mW A Practice ImM^^l The benefits of being small There are 783 law firms in Singapore and 647 of them are outfits with no more than four partners. j„^^W ooRmMB sere finds out what small practices £m*jj have going for them on bea MW 'm 4 <*
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  • EXECUTIVE Lifestyle
    • VIEWPOINT
      • Article
        Lock icon Throwing cold water on a gift of goldfish
        758 32  -  QFFnrraFTTTii Creativity is all well and good, but isn't it a form of animal abuse to give away live creatures as a publicity stunt to people who may not be able to care for them? jaime ee AS JOURNALISTS, we spend most
        758 words
      • STRAWS In The Wind
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          Lock icon Unclogging the works
          67 32 THE JOYS of parenting: the kiasu parents of a four-year-old boy were concerned about their son as he seemed to be a bit of a slow developer, and brought him to all manner of specialists. They could find nothing wrong until finally, one specialist discovered and removed
          67 words
        • Article
          Lock icon Heavenly brew
          84 32 HERE'S a new prayer for beer-loving guys: BOY'S PRAYER Our beer Which art in bottles Hallowed be thy sport Thy will be drunk I will be drunk At home as it is in the pub Give us each day our daily beverage And forgive us our spillage As
          84 words
        • Article
          Lock icon Here comes the pork-mobile
          53 32 THERE seems to be a trend among some car owners to put their own names on their licence plates. Some we've spotted include "Pamela" or "Irene". But this is nothing compared to a white Mercedes spotted in Geylang with the words "Ah Shui Pig Organ Soup"
          53 words
      • Article
        Lock icon Boutique practices in Singapore
        634 32 COVER STORY IF YOU have a legal problem, what do you do? A: Ignore it and hope it goes away; B: Ask your lawyer friend to deal with it (hopefully for free); C: Look up the telephone number of that big law firm in town, or
        634 words
      • Article, Illustration
        Lock icon The benefits of being small
        1586 32 WHEN lawyer Leslie Foong started his one-man legal practice in January, he went on a wing and a prayer—literally. A Christian, he had quit working for a nine-man firm to go on a six-month missions training. On his return, he considered options including teaching and
        SIEW YAW HOONG  -  1,586 words
    • ENTERTAINMENT
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        Lock icon WHAT'S ON
        451 34 MUSIO Cello And Piano Recital Liu Peng, leader of the SSO's cello section, and pianists Junko Saito and Sumlko Hannya, present a musical programme that Includes the baroque (Francoeur's Sonata in E major), the classical (Beethoven's Sonata No 2 in G minor Op 5) and the romantic (Saint-Saens'
        451 words
      • Article, Illustration
        Lock icon Getting to grips with fear
        861 34  -  CINEMA The Blair Witch Project is a clever, unusual take on the horror genre, but it's also in danger of becoming a victim of its own publicity By\ Parvathi Nayar IT HAS the buzz, the box office takings, the appeal of the underdog-turned-blockbuster. Its mlnlscule
        861 words
    • Article, Illustration
      Lock icon CINEMA
      648 35 American Pie Grossed out comedy of US school-kids coming of age that deals with the recent Hollywood fave virginity. R(A) Orchard. Asterix And Obelix Take On Caeaar Real action feature of the beloved comic books with Gerard Depardieu. Previewing at Lido, Choa Chu Kang, Jurong, Century, Bugis. The Astronaut's
      648 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      110 35 Csthay Org Caltay 338-3400 Eastshore 346-1816 Octard 235-8386 Pidurehouse 338-3400 Yangtze 223-7529 EngWah Empress 777-5867 Jubliee 454-164(7 Mandarin 292-9401 Marina 338-9719 Whitesands 585-7782 Qoldsn Villags 1900-912-1234 332-6098 for group bookings A wheelchair facilities Bishan Boon Lay Marina TampinesS Tiong Bahru Yishun Clementi/CoVeaHti 777-0669 Golden/New Town 298-5466 KCnm
      110 words
    • EPICURE
      • Article
        Lock icon Spicy flavours of Mount Edelstone
        716 36  -  WINE CONNOISSEUR By\ N K Yong RATED as Australia's best medium-sized wine grower, Henschke Cellars is also one of the country's oldest, dating back to 1861 when Johann Christian Henschke (from Germany) bought some farmland in the tiny village of Keyneton in the Barossa Ranges
        716 words
      • Article, Illustration
        Lock icon Back to basics
        775 36  -  No frills and no fusion. That's the deal at Porta Porta's new outlet at Stanley Street But its tasty, unpretentious home cooking goes down well with Jims bb JAIME EE PORTA Porta was always an open secret for foodies who live or have reason to hang out
        PHOTOS BY SIEW YAW HOONG  -  775 words
    • MOTORING
      • Article, Illustration
        Lock icon Toyota's magic kingdom
        790 37  -  Thaf s Mega Web, a 15 billion yen, 24,000 sq m theme park by the Tokyo Bay. Christopher taw checks out its sights CHRISTOPHER TAN HIS is a magic industry," declares Ford Motor chief HHi executive Jacques Nasser at a private reception held in conjunction with the
        790 words
    • RETAIL
      • Article, Illustration
        Lock icon Medications by mouse
        713 37  -  nencor.com offers both western and traditional Chinese products, and even has an on-line sinseh By, Jaime Ee IN THIS world, there may be no such thing as an original idea. But there is such a thing as taking an old idea, refining it and pitching it as
        PHOTO BY SIEW YAW HOONG  -  713 words
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  • Page 32 Miscellaneous
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      Lock icon Page 32 Miscellaneous Column 1
      177 32 CRYPTIC CROSSWORD 26 Bismarck's country, polite at first to Eastern power (7) 7 Outrage, being frO behind (7) YESTERDAY'S SOLUTION 27 They are barely able to enjoy 8 on having a baby (7) I6IPIAI i INIfIMBIAIftIMDI6I6IftI themselves (7) 15 No degrees m this to be had m tyMoVOHBIMIIIH 28 Changed
      177 words
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      208 33 lgH|N9Es|p> w r gi^^H I^JifßV^ vf KV| :»L r i:; <%v ''B|^^^MBBM^i *utffSp^ f f «ifrgfjfcffiijk-.' A. §L f .^asa^'^J k£ -lllKh#*'. ty re** H"T- J @1111 1 P a new name for a neHlfa -i» < h Millennium Securities a new name for a new era. As we enter
      208 words
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      160 34 Where to wine, dine and entertain..."^ Every Saturday and Sunday pamper yourself from as early aa 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe TkMrii. CALL 310 3585 OR 330 3590 FOR RESERVATIONS 76 Bras Basah Road, Singapore *****8 Tdt 338
      160 words
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      88 34 hm available for: private parbee company dlnnar and danca conference seminar and meeting. HOTEL QRANO CENTRAL LIMITED 22 Orchard Roed/Cawenegh Road. Singapore *****7 Tat 737 9944 Fax:*****75 O B Prime Rlbe I H Corn Fed To 112 Tenderness I Z <1 fe) If Z H H (0 H£s on Tlu
      88 words
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      72 34 to lam doily fflWli!! Buffet Buffet High Tea Lunch Dinner s*t, sun Mon to Fri Nightly PublieHoliday 11.30 am 2.00pm 6.30pm 10.00pm 12.00pm 5.00pm Adult: Adult: $14JI0~ Adult $10JOChild: 8.00-- Child: $10.80- Child: 7.00Hotel 25 Morin* Parod*, Singopof *****6 T«l: 340-2122 itß ITI \*t I Advertise in Wine, Dine Entertain
      72 words
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      149 34 This festive season we're transforming our lush courtyard into your exclusive party. Enjoy... An International dinner buffet. Champagne cocktails on arrival or free flow of soft drinks all night A complimentary one night stay at the hotel for the organiser. Special memories captured by our photographer. #400++* per table of
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      102 34 Revolvlas noot A Festival cfWhcs the CuisioeofVtoaD, Italy 2-14 Nomnba-1999 *****58/88 I 333 Odwd Road. Sinuport *****7 737 4411 FaxT732 2361 U*w H*a's Gomr»»el- e*As ocfroteer. Prapora yourtelf for on incredible lunchfime buffsl feoturing 100 delightful dishes including Brohed Short's Fin. Mini Suddho Jumpi Over TKa Woll and Barbecued Boost
      102 words
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  • Page 35 Miscellaneous
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      Lock icon Page 35 Miscellaneous Column 1
      2324 35 TODAY'S TV 9|m|ml2 6.30 Asian Market Report. Asian Markel Report Southern ZZZrZT 1 S£ therapy This a. how SaSSM"'our perceptions of the 630 vviggiyPark 10,00 Business Doc Hollywood, 7.30pm, universe have been 7.00 Birdz: Let The Chicks M- 30 Talking Point. Ch 5 transformed by the twin Fall Where They
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      109 36 2S& IHb^hHK wB&. ?5r 9JEk. I r l I k i i i H A All aspiring musicians are welcome to join our jazz jam sessions. Where A A V you can get tips from the pros, support from fans and even a free beer A W A from Tivoli
      109 words
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      Lock icon Page 36 Advertisements Column 2
      200 36 "V I N" XJ N1 PINE WINE MERCHANTS SINOAPORB SALE Cash Carry Sale 31st Oct 6th Nov 1999 Free wine tasting at Les Amis on sunday, 31st Oct 1999 (11am spm) 1 Scotts Road #02-16 Shaw Centre V There will be a wide selection of wines at greatly reduced prices.
      200 words
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      121 37 The Bintan Lagoon Golf Membership For Jujt $462 A Month. First, let us assure you that this is a premium golf membership; with the renowned Jack B I NTAN Nicklaus Seaview lan Baker-Finch Woodlands Courses undoubtedly offering the region's LAGOON best golf. But if you're looking for challenges beyond our
      121 words
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      129 39 Local Enterprise Finance Scheme I I Making a point with Local Enterprise Finance Scheme* Replacing your equipment may be more affordable than you think. Because the Local Enterprise Finance Scheme can really save you money thousands of dollars a year. This adds up to a substantial sum for the whole
      129 words
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      357 40 m iiiiiiiiii^ l 1 11 H 1» ij l 4 1_ 1- I'* -j||HHk| jriHMb CMG FIRST STATE ASIA INNOVATION TECHNOLOGY FUND These days, the 'Made in Asia* label commands both admiration and personal computers*. Home to almost 50% of the world's population, Asia including Japan, Australia and New Zealand.
      357 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon ture
      1557 42  -  Don't assume you can retire comfortably with vanilla CPF savings. The truth is, there won't be enough of a nest egg to maintain your lifestyle if you don't plan your investments wisely. William M Mercer, consultant to the CPF Board, is there to help you do just that GENEVIEVE
      SIEW YAW HOONG; Source: CPF Board; FILE PHOTOS  -  1,557 words
    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon Growing your CPF savings
        1649 38  -  YOUR MONEY Your CPF account Is actually an untapped treasure trove if you make use of It wisely, and we don't Just mean buying property peter douglas The writer is principal of GFIA pte ltd, a Singapore-based consultancy working with the financial services industry in Asia.
        1,649 words
      • Article, Illustration
        Lock icon Why it's time to work those funds
        1038 38  -  By Keith Swailes The writer is executive vice-president cf William M Mercer (S) Pit Ltd. This piece is an excerpt of an article "Long Term Savings in Singaporethefull articled can be aaceteed from the Mercer website (www.mercer.com). THE Central Provident Fund has long
        Source: William M Mercer  -  1,038 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at October 27, 1999)
        1223 38 DepoeM amount 1-mth 3-mth 6-nMh Deport ■mount 1-mtfi 3-mth ft-mth DBS Bank HSBC ■MMaMMHMHfll At AS S10.000 A24.999 4 2800 4 8400 5 0700 2S.000 74.999 3 7500 4.3750 4 8125 A2S.OOO A49.999 4 3000 4 8600 5
        1,223 words
      • Article, Illustration
        Lock icon Making one card do it all
        974 39  -  Come explore the perks behind DBS' new Amex card with um su Aim LING SU ANN WITH so many credit cards In the market, choosing one can be a mind-boggling exercise. From affinity cards with retailers, to handphone service providers and petrol stations, the
        SIEW YAW HOONG  -  974 words
      • Article, Illustration
        Lock icon Your number's up —for auction
        482 39  -  Would yon pay at least $515 for your 'lucky' handphone number? Many business people will, generating easy income for phone companies By 1 Teh Hooi Ling SINGAPOREANS' fixation with auspicious numbers has given telephone companies another way to make money—by auctioning off good-sounding or easy-to-remember
        482 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Many happy returns...
        740 40  -  from funds plugged into the 'new economy' of Europe, bem pok takes a look at prospects for the regional bloc BEN FOK The writer is a manager (funds specialist) at Fraser Securities. He can be contacted at 438-*****r email benfokfajraser.com.sg RETAIL investors were inundated with a slew
        740 words
      • Article
        Lock icon THE UNIT TRUST SCORE BOARD
        414 40 UMT TRUST/SECTOR (6 MONTHS 31MAP99-220CT99) CHANGE BENCHMARK CHANGE Top 10 funds 1 UOB United Japan Growth/Japan EQ 75.40 Nikkei 225 Stock Ave 18.66 2 Five Arrows SEA Special Sits/ Far East Pac Ex Japan EQ* 65.96 MSCI AC FE ex Jap 20.46 3 DBS Japan
        414 words
      • Article
        Lock icon Covering cost
        579 40  -  psfiTHHto basics By] Patrick Corfe COSTS are naturally a consideration when investors choose a fund. However, there are no hard and fast rules about what makes a fund good value, because ultimately costs are subordinate to performance. A fund that performs well will more than cover its costs
        579 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Go for gold, says Dr Doom
        545 41  -  Commodities are your best bet with equities overpriced, Marc Faber tells vmwAW khamma VIKRAM KHANNA Equities look overpriced, bonds could take a beating, so bet on gold and other commodities, says contrarian investment advisor Marc Faber. In an interview with BT, the maverick Hongkong-based
        GOLD PHOTO TAKEN AT DBS BANK BY SIEW YAW HOONG  -  545 words
      • Article, Illustration
        Lock icon Foreign investors in Indonesia stay on the sidelines
        688 41  -  How quickly foreign foods return depends on how realistic Mr Kwik's economic policies are Frornl Shoeb Kagda in Jakarta IN Plaza Indonesia, a plush shopping centre in downtown Jakarta, the upmarket fashion outlets are bustling again, while making a reservation is necessary
        FILE PHOTO  -  688 words
      • Article
        Lock icon Insider buying surge boosts Primark's sentiment index
        970 41  -  inside rrrr. Company officers appear to be taking advantage of recent market weakness By Robert Halili The writer is director of Asian Ownership Research at Primark A SURGE in insider buying activity and a sharp drop in selling boosted the Primark Director Sentiment
        970 words
      • Article, Illustration
        Lock icon Sentiment this week (Oct 19-27)
        314 41 The sentiment index has risen from -38.51 in the week ended Oct 13 to +39.6 points this week The increase was due to a surge in buying, coupled with a sharp drop in selling. Three buy factors recorded increases from their 12-week averages by between
        Source: Primark ITA  -  314 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      136 43 Bridge News, Reuters TANKERS: Rates for North Sea Aframaxes have lost the gains of last week and are now about ws 90 or below. The recent gains were due to a shortage of tonnage for end October cargoes, which have now been covered, brokers said. Persian Gulf very
      Bridge News,; Reuters  -  136 words
    • Article
      Lock icon MARITIME STOCKS
      291 43 SES 'MO Oct a ss w CWT Distribution 121 0.01 6 Chuan Hup 1.74 0.03 1756 Cosco Investment 1.05 0.04 7 Freiqht Links 0.30 0.01 406 GBHoWnqs 0.80 unch 13 KW Sun Hup 0.64k. 0.01 184 IMCHoMlnqs-HK—5.60* unch 0 JayeHoMinqs 0.90, 002 89 Juronq Shipyard—-7.651 undl 30 KoppelCorp.
      291 words
    • Article
      Lock icon Japanese cargo ship missing, feared hijacked
      512 43  -  |:il exclusive Vessel with 17 crew, USslom of cargo left Snmatran port six days ago bound for Japan By. Marcus Hand [SINGAPORE] A Japanese cargo ship with 17 crew onboard is missing, feared hijacked, following its departure from an Indonesian port in the Straits
      512 words
    • Article, Illustration
      Lock icon Japan's shipyards accused of rigging bids for govt repair jobs
      274 43 AFP [TOKYO] Japan's shipbuilders are being investigated on suspicion of rigging bids for government contracts on repair jobs, reports and officials said. A Board of Audit investigation found the Defence Agency offered more than 100 shiprepair contracts in the 12
      AFP  -  274 words
    • Article
      Lock icon Ship crew wins claim for wages against mortgagee bank
      789 43  -  ADMIRALTY CASEBOOK By\ Selva Kumar OFFICERS and sailors on ships at sea would welcome a recent decision in the English Court of Appeal in which their Lordships held unanimously that a maritime lien exists for that part of a crew's wages
      789 words
    • SUPPLY chain
      • Article, Illustration
        Lock icon How to maximise efficiency
        1056 44  -  Optimisation software allows firms to use existing data to plan and make decisions accurately Whatever the stage in the supply chain, the common aim is to implement just-in-time processing with materials moving throng as quickly and efficiently as possible. By Foo Jong Tong The writer is
        FILE PHOTO  -  1,056 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      280 44 PACE ESP lines 0 AM. 3 Accord Fo# 6 Ahrenkial M Mltata M Appenship 5 CLIr 4 Asia OCL 13 G«MrtrMS 6 Austral 8 <*»"« 0 Avwit 14 W06.I B'tang M«s 0 Glory »Uv M BSA 7 HaOuntt* 12 BTL M M»fl« Baiajisnpg 5 N«#i 3 Bangladeshi
      280 words
    • Article
      Lock icon SHIPPING GUIDE
      19077 51 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone i SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number n/n OS/12 MOL PARAGUAY CHALLENGE 7204A 65 *****86 1 To ABIDJAN (ABJ) 2003 Cote D'lvolre n/n 05/12 saferoute Paraguay challenge
      19,077 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        731 57 Vassal Voy No Barth Arrival tgrtw AaiM* Wryi 3099 J M *J03 28/10/7:20 28/10/2030 It Mai Mai 0099 J01 21/10/1:30 28/10/20-00 M MM 2 ***** J01 28/X1/8 45 21/10/23:59 Suntlowaf 1 1 JOe 28/10/9:00 29/10/8:00 M *8 4547 699 J0I 28/10/8:10 21/10/20:15 Panda 3 HM99 J13 28/10/9:00 28/10/11:00
        731 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1894 57 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Book log/Bolonco Rstit Ship Voy No Etb/Btr Nflod From To From At HAMYAM 24K* 30/1000 27/800 27/1*59 S22S, a 27/1700 21/0*59 h™ 2i vnrn 21/0*59 21/0900 i itnno 2i/ns» 21/^00 4 21/1200 21/1459 a/1700 auhjaya i mow nnoo i wwo
        1,894 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        162 57 Nov 1 Philippines: All Saints Day. Nov 3 Japan: Culture Day. Nov 5 Brunei: Meraj. Nov 6 Indonesia: Ascension Day of the Prophet Muhammad SAW. Sweden: All Saints Day. Nov 7 Malaysia: Deepavali. Singapore: Deepavali. Russia: Day of Unity and Recon c iliation. Nov 11 Belgium: Remembrance Day.
        162 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        786 57 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        786 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        355 57 Cjrfco* 180 Max 991.1 U T7J 0.08 74 0.09 fui y* [Umw, Waif HildiM Afth Ahimtnhim lidtimt No ibovf £25 1 1 0 22J1 2222! 380 An 989.5 0.4 8-3 0.06 M 0.02 i22 380 Mm 995.5 0.9 N.1 0.08 58 0 04 g/iri in tuu
        355 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Canada urged to open skies to foreign carriers
        612 58 Laws will have to be changed to coulter likely airline monopoly: competition watchdog Reuters [OTTAWA] Canada's Competition Bureau urged the federal government to allow a larger foreign presence in Canada's air industry to counter a likely airline monopoly in the future. Suggesting
        Reuters; FILE PHOTO  -  612 words
      • Article
        Lock icon Indian transport operators end week-long nationwide strike
        313 58 Reuters [NEW DELHI] Indian transport operators ended a weeklong, nationwide stoppage late on Wednesday after reaching an agreement with the government, Surface Transport Minister Nitish Kumar told reporters. Officials said however the strike against an increase in diesel prices led by the All
        Reuters  -  313 words
      • Article
        Lock icon China to cut domestic flights, increase int'l ones
        209 58 AFP [BEIJING] China plans to cut the number of its domestic flights while increasing overseas flights due to inadequate domestic demand, state media said. Domestic flights will be reduced by 7.9 per cent to 11,140 flights while overseas flights will be increased
        AFP  -  209 words
      • Article, Illustration
        Lock icon Sri Lankan Airlines begins US$1b re-fleeting programme
        367 58 Reuters [KATUNAYAKE, Sri Lanka], Sri Lankan Airlines yesterday took delivery of an Airbus A 330-200, the first of nine Airbuses ordered by the airline in a US$l billion (551.67 billion) re-fleeting programme that is expected to help bring in profits by 2004. "This
        Reuters; REUTERS  -  367 words
      • Article, Illustration
        Lock icon El Al splits plane order between Airbus and Boeing
        447 58 US pl&nem&ker loses monopoly over Israel's national carrier AFP [JERUSALEM] US aircraft manufacturer Boeing lost its long monopoly over Israel's national carrier El A 1 late on Wednesday when the airline announced an agreement to buy at least three European Airbus
        AFP  -  447 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1773 58 an FutHT tu ruwr no so2s 0635 aiM296 1000 tmm M| t 7 GA973 0945 LK6375 1000 LH6«n «50 LMTM 1605 S0326 1000 S0230 1850 N245S6 1605 LM767 2350 SS mm *****7 1605 gg SO327 0745 U838 2300 M« 2325 sS as ZZ 7 mm jjjjt
        1,773 words
  • Page 43 Advertisements
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      81 43 S Canada urged to open skies to foreign carriers, Back pg Reliability Round The Clock. W M Advanced Port Solutions To Ensure Your Peace Of Mind 24 Hours A Day, M f Days A Year (and Days A Leap Year). m Port of Tanjung Pelepas RELIABLE EFFICIENT ADVANCED Pelabuhan Tanjung
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      7 43 Supply chain: How to maximise efficiency, Pg2
      7 words
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      1345 44 1 NORTH AMERICA I I EXPORT I 1 OTHER DESTINATIONS 88X -SUPER SHUTTLE EXPRESS-DIRECTTOLOWO BEACH WEST COAST Of COfTRAL AMERICA (MARttARITA SERVICE) iikm wn I imki OMUS HOUSTON OKMO WW TOM MOCOOTT Wit VOT Tf" PlflWnM KAJIIIU U* 10—CP CO—TO PttMMM —MMM SMM4(MU 00QMMN ***** M/ 11 I M/ll 11/11
      1,345 words
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      Lock icon Page 44 Advertisements Column 2
      656 44 Lines Service* represented by Members cri the Registry of Accredited Shipping Agents, 5 "pore National Shipping Aaaoc. Members of toe Singapore Freight Forwarders MBOQIDOn. NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIX PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SiRVKE) MV "TBN" ETA SIN 3/11/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONUINUS/ COMYINDONAi
      656 words
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      953 45 TO EUtOPE FtOM EUtOPE vtssa wr |at w w hmi m sou fit ia Ivcsa voT rbi oat noi n«■ fit \m m ULOH S3OV* 30/10 14/11 14/11 If/11 It/11 HTOUB 0111 OS/19 10/10 13/1007/10 JI/10 HTGBBM »1W 01/11 10/11 20/11 23/11 07/11 DANUK 5471 10/10 13/10 14/1011/10 04/11 a*
      953 words
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      1803 45 HANJIN SHIPPING jgkF 1 MMWISHMH6 (S) PTI LIB MOMt *****3S 737 SAIB 7817H 731 POQMHI 78H71 774 OffiMTMi 73W7W81 HBUB Bt7ISS Kl TTWWI (IKK "MffIMMM TO NW USA A CANADA USA CAHADA KX V5l/VOT MB S« IM HAUL/VOT SA TM Ml TO* CM W WT nt MP m T* TT7
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      1364 46 DSR-SENATOR LINES TO UK/CONTINENT TO MH)fIIiHRANEANCANADA vessr vot mT* leh mn urn hajh wv fu vtati vot tm w w w *c w HNUHSaUHB N7IW 71 It 25.11 M.ll It.ll It.ll *1.11 BH SKA MKW Mll 1111 Oil H.ll 0* 12 PUOONG SBMTOR HIIW (1.11 1111 11.11 21.11 22.11 2211
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      853 46 AM MAC-NELS S PURE M'SIA Carrier MM COUTH LINES, MC P. GUDANG: (07) *****26 I I I cm NO ********** CM SBU (064) *****9 MAMLfe (832) *****24 PENANG: (04) *****36 BANGKOK; (662) *****67 SURABAYA (31) *****11 P. KELANG: (03) *****77 JKT (21)*****46 KUP6MG (062) *****1-3 HO CHI WINH MANILA MV
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      571 46 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel S'POAE N SHEVA COLOMNO P«M* TARPON SILVER V IBBW H MOV 11 MOV »NOV CAPE CANAVERAL V.114W 15 NOV 23 NOV 30 NOV ■£r TULSIOAS Vll7 a NOV X NOV VOK TARPON SILVER V 107W 21 NOV 07 OEC 14 OK CAPE CANAVERAL VIISW
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      1592 47 [vessel vov khh hkg sin pko pqb dxb pmm ba bik IRAN TEYFOURI PCL-5126 27/10 29/10 02/11 03/11 12/11 13/11 14/11 10/11 18/11 IRANSHAHRYAR PCL-5127 03/11 00/11 00/11 10/11 10/11 20/11 21/11 22/11 24/11 IRAN BAABAEI PCL-5128 10/11 12/11 18/11 17/11 28/11 27/11 28/11 30/11 02/12 IRAN TAKHTI PCL-5128 17/11
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      1106 47 SciHaf to Mm MiiM, j J; Hfttiti (fta Mwß I SINGAPORE'S GENERAL AGENTS: 80 ROtINSON RD TEL: 226 1900 FAX: *****0S OUTWARD (l/l) "^JSoT'TSicSrSKa!™™"^ I^"^^^1 I COSTA* SHIPPING PTE LTD #12-00 SAUS/ixgs *****57/ M INWARD MTT <O/O) *****85 COSTAR AGENCIES (AA) SDN ND ICR NO: *****W0000M SINGAPORE *****8 CONVtimOtm. *****50/55
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      799 47 tUROPI EXPRISS SEKVICI I EXPORT I IMPORT I -ar ilßl iiiiliiiilf Iff-Isii-li H iwl] ACCB7M CMMB TO 4 MMk 1) HN MBOMMBi HOMNI SI TOW *14 MMS WW M 4 HB jj i Z—— IKAMSWftGIPIC EXPORT I IMPORT vSsa Tvor 5 lia lau |*HymuMotsiD=i)ywHu»|ytssa vot B on si potTUGAisEK u/11
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      1369 48 EUR OPE/ll K/SCAH DIHAVIA/FtNLAIi PRUSSIA ["SGFI ROM ANW HBG THR ZEE LHV LHV TUP ROM ANW HiG PKL I S6P E DIVINE RW-007 31/11 11/11 24/11 2WII 22/11 23/11 24/11 E. REPUTE RE-021 07/10 00/10 08/10 10/11 12/11 31/10 11/11 E. DELIGHT RW-010 07/11 2S/11 01/12 27/11 20/11 30/11 01/12
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      785 48 rjgggPf# PACIFIC INTERNATIONAL UNES (PTE) LTD aa-is-g ffc 140 Cecil Street, #03-00 PIL Building, Singapore *****0. J _CRjjQ_jooeo67oc)ooe livtssa. vot wc ~si to m urn pp »wmnwi an i 00Q ACCLAIM OSI 1/11 4/11 10/11 l*/ll N/11 24/11 30/11 2/11 I MttAfftATAn Y\i iVn -mr~ n/n h/h Mi i/» iffioouranwßA
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      425 48 56 TELOK BLANGAH ROM) M2-K OTPORT COTW S*PO« TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W VESSEL VOY ETA ETD DESTMAPON IMMU 14m 3M6M 3VIM6 PWfTVWAH RAGURI Mim 31/IMt 61/11» PALBMAN6 MttUKWA 3MB 82/11« 63/11AI PUBMMfi/PKL lALAM RMUWA OM9B/11«K/11« MALim/SUMATBUMALMMnM PORTS For enqvines snd bookniQi plcisc
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      431 49 BSA x WOK MYANMA wBBk FIVE STAR LINE (MyoNMor National Line) loadiNg for Yangon (Ronton) Vissa VOY SM PRL PEN KU RDO6 TUOOG «W SU> SAGAMG 42W SU OAIAYSU AGENTS: MUSTIAD SMPPMG AGCNCKS KUL TEL (03)*****00 HL TH (03) *****01 ret TH (04) 2(***** PGU: TH (07) *****21/4 BANK LINE
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      1201 49 HYUNDAI MERCHANT MARINE CO., LTD. vissa ~voT "5T sou 7w" ant Hm m ~n~ rasa vcrr sou la roi ant ha« my n IS" mum saw »/io »/ii »/ii M/ii W" ivm o»/io n/io jo/io HYGBCRAL 321W 01/11 17/1111/11 SO/11 Z3/U MNIIROSA S* 15/10 14/10 10/11 12/10 09/11 ELM SS4W
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      979 49 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HttVYUFT StRVKE* I VESSEL VOY RAMP HEIGHT SIN LAX <11 MIA SAV ML OtF NYC IKW MM TAUiOT AHOS 400 Toats 6.3 M IMPORT 26/11 04/12 07/11 09/12 1T7i2~T27i2~ 14/H WIT It/I! TAMPERE AHO9 400 Imb 6.3 M 11/11 09/12 11/12
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      1891 50 ■AMQKOMIAP TA PWUT/UIM CHABAHO! J AK AHT A/PA N JANG VESSEL VOY S4N~ BKK MTP LCH VESSEL VOY SIN JKT PJN MATHUBHUM 438N 30/10 03/11 02/11 BAN! BHUM 130 SB In PI 31/10 XETHA BHUM** 307N 31/10 03/11 04/11 BUNGA MAS TK3A *****3 30/10 03/11 SHIMANAMI QBE 01/11 06/11 OS/11
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      69 51 I New Advertisers/Services/Agencies I KYOWA LINE Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily Asia Oceanic Container Line Weekly Service to Belawan/Sin/P. Klang Twice-Weekly service to China Turn to Pg 13 Every Mon/Wed/Fri FAR EAST EUROPE FULL CONTAINER EXPRESS SERVICE Turn To Pg 5
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      50 53 (Retrieve more schedules!) Press "1" I JC\ Select the port and key in STHC m the four digit code eg: To New York (NYQ 2275 Key in your fax number J j| your phone number Another Innovative service offered by CT The document Will be shipping Times S !as/tt x^liy^
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      172 54 (FOSEST PHOOUCTS SERVKI) (Semi-Con Service For Christmas Island tresnande Cocos Island) EUROPE SERVICE I **Also call other west Australia ports subject to inducement TAW SKN KKU TMA VESSEL VOY. SIN ai FNU. COS OOANMBI */ll 20/11 30/11 thou KMSTEN 4451 01/11 05/11 13/11 23/11 LO*P«G FO»: JBX>AH THOft KIRSTEM 4551
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      212 54 TO llMOff CHNtA I H. EUROPE «gWV>C£ fT 'VOY XOO OP* «MA HKO MN HAM RTM «L KFFI U*G Q7IW 17 OCT 19 OCT 21 OCT 25 OCT 28 OCT 18 NOV 20 NOV 21 NOV TRADE SELENE 026W 24 OCT 28 OCT 28 OCT 01 NOV 06 NOV 25
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      156 54 FOUI TMMS/ WIH SAILINGS: P. GUPAWC/SmCAfOtt SOUTH lOUND |wa 1 w I r9U BMuawn wits »/iewi a/iotsa) miuaiii wits 31/10 sue Bi/UJML W |B 111/ II KM flg/11 fWB bmusimi wns oviiwbh (K/iifwn BMUSIMi was M/ll fIHU) BVHWI BMU9XI W7IS OS/11 WD W1(W) NOKTW lOUNP »bs& wr aw raawt HMaaai
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      688 55 SSAMUDERA SHIPPING LINE LTD 72 Anton Imml, #04-01 to 03, $lnf«pof *****1 MAIN LINE/OUTW AID: S3? 3MS INWARD (WDh 437 23M MPOtT STATUS (WD): 437 2371 WVWTOBY (WOh 437 2420 Vfeteito http://www.swßtt4cra.CMa CR NO. 1047*******0 BOOKINGS LINE: 535 6266 (Celia/Jessica/Mei Chan/Jetiynn/Dora/Honim] EZIEHE3E323I BSIGS/WIEKLY I;W!WIMM!M:TEEI 3 SLGS/WEEKLY IYISSft YOT 1 «N
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      928 55 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PIG I SO I JKT I SMI HW PPG CMI POM HAi NTI OH tAV I6W tAO HOU MoicMpiiii /0454 30/10 os/n 00/n 00/n 20/11 is/n iy/n 30/11 21/12 31/12 01/01 04/01 00/01 13/01 i;/oi wmcmdtp /otM n/n 2s/n 20/11 01/12 11/11
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      502 55 yggm IMG LEI SHIPPING CO PTE ITDI M 511N75 M UM^jwUINII/SIIMM VtSSB VOT SM Ftt SM ETV KSTBUDON Dm 0m 12/99 77/10 79/10 Dwn/luato/P Batu UWBSIB 17 S/99 78/10 79/10 PoMn^/Jki lUKW 14/79 79/10 30/10 OHM/NMMIS/IHMI Soar Centd 14/99 79/10 30/10 Omw/T Im/ ton* Man Wo 777 S/99 01/11 02/11
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      528 56 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 743N 27-28V10 01-04/11 09-I<VII I TIGER PEARL 744N 29-3(yio 04-07/11 12 12/11 I TIGER SEA 745N 02-03/11 08-11/11 I TIGER BAY 746N 05-06/11 11-14/11 19-20/11 I TIGER ISLAND 747N 09-10/11 14-Wll 23-24/11 TIGER TEMPO 748N 12-13/11 18-22/11 26-27/11 I I~ VESSEL
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      755 56 FREIGHT LINKS EXPRESS Tel: *****11 Fox: *****77 E-mail: flesin@singnet.com. sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISTANBUL MEXICO CFTY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee *****71
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      1027 56 >MF//wwwMd(M vfy JTr ■OtnUUMMCA-Wft la®? w iaoi miin hu »mo-o mm m mm oo ia w I 00QMMVB4S OVII It/11 74/11 75/11 75/11 M/l I OOajMMIMMI 05/10 MO 07/10 <1/10 IVIO 31/10 OOQ OOtt 34E544 Ml VII 01/17 07/17 07/17 01/17 I OOCOMiHtfU? 12/10 MO 14/10 15/10 MO 07/11 OVI7
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      85 57 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 Thursday every fortnight with news of current
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