The Business Times, 3 November 1999

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Total Pages: 50
1 50 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 046/12/98 85C SINGAPORE Internet: http://business-times.asial .com.sg/ WEDNESDAY, NOVEMBER 3, 1999
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  • 61 1 sn 2067.22 (-15.82) BT-SEI 788J8 (-3.15) SMSCI FUTURES 287J0 (-1.40) STOCK BASKET INDICES Tuesday Change KLSECOMP 727.03 -4.45 NIKKEI *****.96 -4J6 HANG SENG 13J335.84 +13.73 SET INDEX ***** +10.86 JAKARTA COMP a94.41 -067 MANILA COMP Closed TAIPEI WPI 7,721.59 -93,30 SEOIXCOMP 590.18 +1363 CLSA CHINA B 763.82 AUST
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  • 87 1 FOREX KATES USI ss rss 1.667 £(l"SS/SS per 1647 174-5 EURO(l SS/SS per E) 1.054 1.757 DM 1.855 0.898 YEN 104.8 1.591 HM 3800 0.439 HKS 7 769 0115 BAHT 38.68 0.043 R1TIAH 6.740 0025 St to 100 units FUME BATES SINGAPORE* 5 80 KUALA LUMPUR 7 25 JAKARTA
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  • 481 1  -  l Hexclusive Company breaks fresh ground in industry by paying interest on clients' credit balances ry' Conrad Raj [SlNGAPOßE] Vickers Ballas Company has become the first stockbroking company to pay interest on money kept by clients with the firm as part of its preparations
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  • 653 1  -  Move set to pave way for resumption of critical aid flows From Shoeb Kagda in Jakarta INDONESIA'S economic reform programme got back on track yesterday with the new government finally making public an independent audit on the Bank Bali scandal, paving
    REUTERS  -  653 words
  • 485 1  -  MAS survey shows industry recovering from regional crisis By I Siow Li Sen [SINGAPORE] Singapore's asset management industry is buzzing six months after the worst economic recession in decades put a damper on the fund management business last year. Indication
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  • NEXT page
    • ON THE grapevine
      • 147 2 IF you care that every 3.6 seconds, someone dies of hunger in the world and that three-quarters of the deaths are children under five years old, go to one of the most innovative sites on the Internet. The Hunger Site (www.thehungersite.com) is an independent Web site endorsed
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      • 90 2 ANOTHER appeal for charity that has come to our attention is LinkAid2ooo, a 2,000 km bicycle ride from Bangkok to Singapore by lawyers from Linklaters, a major English law firm. A team of 10 riders nine men and "one lone lady" will pedal an average of 150 km
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      • 103 2 IF only the National Computer Board's firewalls were as robust as its public relations machinery. A day after the government Web site (www.gov.sg) was hacked into, the NCB coyly said in a press release that it has been "compromised". It also explained that as a service
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      • 83 2 WITH growing competition among property agents marketing collective sale sites, a leading property consultancy has been trying to tempt developers with a mouth-watering "Menu of Collective Sales". The dishes include "Sea Lovers' Delight", for sites in the popular east coast area, and "Jumbo Portions with Class" for large,
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      • 81 2 WHEN Sim Wong Hoo compared Creative Technology, the Singapore technology firm he founded, with AOL, the giant US Internet service provider, he described his own company as the ugly duckling. Speaking at an e-business seminar, he noted how the market capitalisation of AOL is US$l34 billion (***** billion)
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    • 788 2  -  Retired banker Richard Hale takes on the challenges of the printing industry at SNP Ny Audrey Tan [SINGAPORE] PUTTING his feet up after an illustrious 37-year banking career may have been a well-earned pleasure for Richard Hale when he stepped down as chief of Hongkong
      ARTHUR LEE  -  788 words
    • 396 2  -  PEOPLE Bank appoints Aussie Laurel Jackson to develop new marketing strategy By\ Siow Li Sen [SINGAPORE] DBS Bank is on a roll. After rejuvenating its senior management ranks, it is turning its attention to the cash cow of consumer banking and has hired Laurel
      396 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • 52 3 r: ML f** r 1 i I J I v <V" BBC V fejwjilifc t'r V 7 *i V '-e W**li 3vi89l HQ f® ;sa *1f- Ipf p I Centennial Tower I Mr Sunil Sreenivasan, Country Corporate Officer, Citibank N.A., Singapore Citigroup I Three Temasek Avenue, Centennial Tower. #12 00,
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  • Page 4 Advertisements
  • SINGAPORE companies
    • 167 4 Bloomberg [SINGAPORE) Shares of Neptune Orient Lines Ltd, Asia's largest shipping company, fell after it said the 49 per cent foreign shareholder limit has been reached. The shares fell as much as 3.8 per cent, or 9 cents, to close at $2.30, after the
      Bloomberg  -  167 words
    • 393 4  -  Sale will mean extraordinary loss of $2m for the GLC Christopher Tan A YEAR after leaving the motor distribution business that once contributed to more than half of its group earnings, listed governmentlinked Intraco is selling its car rental division.
      393 words
    • 325 4  -  By\ Kalpana Rashiwala TRADING in the shares of toy-maker Wah Shing International and Roly International surged yesterday on optimism that their China businesses would receive a fillip from Walt Disney's plans to build a theme park in Hongkong. Wah Shing and Roly's share
      325 words
    • 275 4  -  Hospital occupancy up 6%, more foreign patients admitted Andrea Tan THE healthcare arm of Parkway Holdings expects fourth-quarter Singapore revenues to rise 8-10 per cent year-on-year on the back of higher patient count. Parkway Group Healthcare managing director Lim Cheok Peng
      FILE PHOTO  -  275 words
    • 783 4  -  lock siew louis beckerling NEITHER a large share buyback programme, nor the announcement that it is assembling a hunting party to search for takeover prey in Asia has so far helped to lift the share price of Brierley Investments Ltd
      783 words
    • 367 8  -  NEWIhCUfTTm Sembcorp unit's offer price to be fixed through book-building to/] Ling Su Ann SINGAPORE Food Industries (SFI), a wholly-owned subsidiary of SembCorp Industries, yesterday launched its initial public offer of 125 million vendor shares at an indicative price of 65-80 cents. Of
      FILE PHOTO  -  367 words
    • 510 8  -  IPO of over 100 m shares to be finalised this month By] Ling Su Ann CHIP Eng Seng Corporation Pte Ltd, one of Singapore's leading specialist building contractors with "design and build" capabilities, has received in-principle approval from the Stock Exchange
      ARTHUR LEE  -  510 words
    • 260 8 BBR Holdings (S) yesterday said it is buying an en bloc site off River Valley Road for $23.8 million. The specialist engineering company said it intends to redevelop the 2,376.4 sq m freehold land at Shanghai Road. In a statement
      260 words
    • 501 9  -  This will foctis on broadband and personal digital entertainment By Toh Han Shih CREATIVE Technology is creating a new US$5O million (5583.3 million) venture fund to invest in companies dealing with broadband (high-speed multimedia) and "personal digital entertainment" (PDE), Creative founding chairman Sim
      501 words

  • Page 5 Advertisements
    • 60 5 HI fir M <- SF m.y gfafgi? •»'>;*»^' I •I mfr I jj-- B '^^Hi Centennial Tower Mr Kwee Liong Seen, Executive Director, Pontiac Marina Private Limited Millenia SINGAPORE PONTIAC MARINA PRIVATE LIMITED Pontiac Marina Private Limited is a subsidiary of Pontiac Land Private Limited. One Temasek Avenue. Millenia Tower,
      60 words

  • SINGAPORE markets
    • 490 6 Stocks Volume Roly IntUSIOc 20.221,000 'Genting Int 20,026,000 Golden Agri USlOc 18,588,000 Asta Food&Prop US$ 15,198,000 WahShing HK50c 14,591,000 Medtecs US5c 8.825,000 Chart Semiconductor 26c 8.590.000 CM Telecom HK75c 8,368,000 Wing Tai 25c 6,997,000 Hotung Inv NT5 5,214,000 Stocks DBS Grp 45.111,749 Chart Semiconductor 26c 43,650,850 OCBC 36.666.106 SIA 17,104.100
      490 words
    • 550 6  -  I~H comment STOCKS r. sivanithy THE exertions of the previous three sessions proved too much for the local stock market which yesterday pulled back in line with overseas majors. Traders were disappointed with the relatively slower pace and so occupied themselves
      550 words
    • 204 6  -  WARRANT WATCH liy R Sivanithy LIKE many other small-cap stocks, Teledata has yet to recover its past glory after hitting a high of 92 cents in July, the shares now sell for 53 cents, which represents a 42 per cent
      204 words
    • 241 6  -  HOT STOCK Bif Teh Hooi Ling PROPERTY play Wing Tai Holdings has been moving up of late but is likely to remain a good bet for a while. Yesterday, the counter closed five cents up at $1.63. This means it has gained 27 cents,
      241 words
    • 107 6 Wednesday, Nov 3 Singapore ♦8am. Conference and exhibition on "Industrial space in the next millennium" ♦9am. Sun-Netscape Alliance presents executive briefing series. ♦10.30am. FJ Benjamin Holdings Ltd annual general meeting ♦1.40pm Signing ceremony: Singapore Technologies Telemedia Partners with Sun/Netscape Alliance to deliver Internet portal solutions to companies
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  • Page 6 Advertisements
    • 190 6 HHMKUHHlBflfll||^MHißl|l^fii|KHiilUlKU&fei^H^^^^^ I 7th Hong KonQT J ewelry Manufacturers' Exhibition November 19-22, 1999 j Just b6fjofl.e"Tßanfesgiu-ing Day" I Hong Kong Convention Exhibition Centre g 'wy custotytersS ]t i+k V° u want t0 take advantage SPcr'ifll \(W of special buying directly p-ZDk 'fom fine finished jewelry uSs^t©Co'/ iSfc L f?l /*y»* manufacturers,
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    • 97 6 Short of cash to invest? Triple your cash with our Margin Financing' Call DBS investor Online at 323-3955 today. ©DBSBANK Larry Wee's currencies column is on Page 34 i IMHlMlllllllllllHHW^^^M Freehold En Bloc Apartments At Rochalie Drive off Tanglin Road Income-producing, sought-after by expatriate tenants Prime district 10 Land area:
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  • Page 7 Advertisements
    • 26 7 I c—r'-vii"jy ~+-T'; *w* s siMHf »uhi v I Centennial Tower Mr Sunil Sreenivasan Mr Kwee Liong Seen Citigroup Millenia SINGAPORE PONTIAC MARINA PRIVATE LIMITED i
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  • Page 8 Advertisements
    • 83 8 Asia Power Corporation Limited (Incorporated in the Republic of Singapore on 7 March 1997) INITIAL PUBLIC OFFERING r 80,000,000 Shares comprising: (a) 16,000,000 Offer Shares at 550.26 each (b) 64,000,000 Placement Shares, including up to 8,000,000 Reserved Shares, at 550.26 each Applications for shares under the public offer may be
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  • Page 9 Advertisements
    • 80 9 SEMINAR WILL MAKE YOIJR AS EASY We believe that Oracle will compete very well in the high-end of the customer relationship managementicrmi market. Of the leading high-end players, Oracle has most comprehensive vi siono,c* M Giga Information Group, Oracle Emerges as Serious Threat in CRM", 23 June 1999 oracle For
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  • SINGAPORE news
    • 365 10  -  Kim Chnan complex will be its second telecoms facilities management centre By' Teh Hooi Ling SINGAPORE Telecom is pumping in more than $200 million to build its second telecommunications facilities management centre in Kim Chuan. The Kim Chuan Telecommunications Complex, with a rentable area
      365 words
    • 340 10  -  By, Andrea Tan TWO more sites have hit the en bloc sale market and while one is expected to fetch up to $93 million, the other will likely go for up to $18 million. The more valuable site is the 48,658
      340 words
    • 328 10  -  I =f money supply money supply By] Eugene Low THE growth of Singapore's broad money supply dipped slightly in September, preliminary figures from the Monetary Authority of Singapore (MAS) show. After adjusting for the effects of last year's acquisition of POSBank by DBS
      Source: MAS  -  328 words
    • 339 11  -  Soh Tiang Keng INSURANCE accounts will be more transparent and assets and liabilities will be based on market value rather than on book value if Singapore fully adopts the new international accounting standards for insurance likely to be enforced in four years. This was
      SIEW YAW HOONG  -  339 words
    • NEWS Roundup
      • 58 11 GLAXO Wellcome, the world's leading pharmaceutical company, yesterday said it would fund a $3 million programme to develop advanced IT applications in bioinformatics to fuel research in biological data mining and high throughput laboratory software systems. The three-year project will be done by the
        58 words
      • 55 11 ASEAN law ministers will meet this Friday and Saturday in Singapore, their fourth annual meeting, to get to know better the legal system of one another's country. They are also expected to discuss ways to lay a foundation for greater legal cooperation within Asean
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    • 210 11  -  MAILBAG Yee Soo Chai Singapore via Internet YOUR reader Narayana Narayana's comments on United Overseas Finance (UOF) are rather biased ("UOF offer: A 30 per cent premium over last traded price is fair", BT, Oct 25). No doubt it is about fundamentals but intrinsic value
      210 words
    • 93 11  -  Vincent Toh Singapore via Internet MALAYSIAN lawyer Tai Sim Yew was purportedly promoting good neighbourliness in trying to break the impasse over the frozen Clob shares. My gut feeling tells me that for someone who could not even provide simple straight answers to the media's queries,
      93 words
    • 428 11  -  But Stanchart's more cautions, saying talks are very preliminary so far %i Carol Eng CITIBANK hopes to sew up "concrete" plans for a shared ATM network with other qualifying full banks (QFBs) within 60 days, but Standard Chartered yesterday sang a more cautious tune.
      SIEW YAW HOONG  -  428 words
    • 209 11 Reuters SHELL Singapore, the citystate's largest refiner, surprised the market yesterday by announcing a nearly 30 per cent rise in output for No vember which analysts and traders said ran against the grain of the market. The region, plagued by weak demand and
      Reuters  -  209 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
    • 40 11 E-mail: btletter(iQsph.com. sg You can email us at btletterQsph.com. sg, fax to us at *****71, or mail your letter to The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number.
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    • 117 11 TOTAL WASTE MANAGEMENT SOLUTIONS myi: At Least SAVINGS -m s < with SEMAC'S FACTORYPAC 13 Li lllTllTrllllll L,d OUR RESIDENT| AL, COMMERCIAL AND INDUSTRIAL SOLUTIONS SPfU AC Sma 4 Solid warte removal Bulky waste removal Mechanical sweeping of roads, parks, industrial parks, large nrTmrnV > Tel <6sT.?B* )hSS'fa. (fesws; Paved
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  • EDITORIAL & opinion
    • 727 12  -  nTT3 bottom line OPINION tye kim khiat The writer is BT's deputy foreign news editor FOR better or for worse, Australia's regional profile has never been higher. The Howard government's enunciation of a brave new foreign policy has in one fell swoop
      727 words
    • 103 12 'It's a dangerous mixture: a huge number of unemployed young people, a total destruction of the social fabric.' Klaus Rohland spokesman for the World Hank, on the task of rebuilding East Timor. 'Governments are large in size but low in efficiency, collecting taxes from the poor and
      103 words
    • 564 12 EDITORIAL AMONG Singapore's various sectoral blueprints unveiled over the past year or two in support of its overall vision of a globally competitive knowledge economy, perhaps none involves as huge an overhaul as Construction 21. And the big plans to re-invent the industry are eveiy
      564 words
    • 979 12  -  An organisation driven by order loses innovation and harts its own prospects Ry\ Stanley Gryskiewicz Stanley Gryskiewicz, PhD, is vice-president for global initiatives and Senior Fellow, Creativity and Innovation at the Greensboro-based Center for Creative Leadership® and author of the just-released book 'Positive Turbulence:
      FILE PHOTO  -  979 words
    • 612 12  -  COMMENTARY Ihj\ Philip Bowring THE US Nasdaq index has hit another record. Alan Greenspan is in low-inflation, highproductivity heaven. The 70th anniversary of the 1929 crash has passed peacefully. And that Depres-sion-era relic, the Glass-Stea-gall Act, is finally dead, opening the way for ever
      612 words
    • 175 12 Mother tongue is best PARENTS must be reassessing their attitude to mothertongue teaching, now that a survey has shown a marked improvement in overall standards of teaching and learning since the switch to this. It was always obvious pupils would feel far more at ease, and
      175 words

  • MALAYSIA news
    • MARKET moves
      • 70 13 INVESTORS are still not convinced that Tajudin Ramli's Technology Resources Industries will be able to force its bondholders to defer US$53l million (SsBB million) in payments on its euro bonds by up to four years. The counter shed 10 sen to 1.82 Malaysian ringgit yesterday. The
        70 words
      • 65 13 MALAYSIAN Plantations hit a low of 2.18 Malaysian ringgit before recovering to end at RM2.23, down 7 sen. Investors have been dumping the stock following the central bank's decision to terminate the forced mergers of banks. Malaysian Plantations' Multi-Purpose Bank was earlier slated to be the second
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      • 63 13  -  Compiled by Eddie Toh UNITED Engineers Malaysia fell 25 sen to 5.95 Malaysian ringgit on continued scepticism over its ability to buy frozen shares previously traded on Singapore's over-the-counter market Clob International. Yesterday's closing is well below RM6.80 the price of the proposed issue of subordinated UEM
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    • 179 13 KUALA LUMPUR He denies that they are still relnctant to lend AFP MALAYSIA'S commercial banks doubled their lending in the first nine months of this year to 58.1 billion Malaysian ringgit (5525.4 billion) compared to RM29.6 billion in the same period last year,
      AFP  -  179 words
    • 384 13 KUALA LUMPUR MSCI dismisses talk of ulterior motive in delaying KL's re-entry into indices PRIME Minister Mahathir Mohamad said he was not concerned about Morgan Stanley Capital International's decision to delay reinstating Malaysia into its indices, the New Straits Times reported yesterday. Neither was
      FILE PHOTO  -  384 words
    • 395 13 KUALA LUMPUR PAINT manufacturer Berger International Ltd (BIL) plans to shift its headquarters from Singapore to Malaysia within the next five years, The Star reported yesterday. Its chief executive officer Ngan Yow Chong said the Singapore-listed company would first set up its
      395 words
    • 248 13 [KUALA LUMPUR] Mania Holdings yesterday issued a statement saying that it is negotiating "a deal with a third party" regarding its cybermall Orchard-road.com. It was responding to an announcement by Petra Holdings of Malaysia t.ia.t Petra had bought orchard-road.com for Ss2o million, and
      248 words
    • 320 14 ■SEPANG It aims to cnt contribution from aeronautical activities to 40% Bernama MALAYSIA Airports Holdings Bhd, enroute to a main board listing on the Kuala Lumpur Stock Exchange, hopes to see its revenue from aeronautical activities reduced to 40 per cent in future
      Bernama  -  320 words
    • 230 14 I Hi bank mergers KUALA LUMPUR Reuters, Bloomberg MALAYSIA'S RHB Capital said yesterday it was considering all of its options on the nation's bank merger programme and declined to say whether it was seeking to be an anchor bank. "In light of the
      Reuters,; Bloomberg  -  230 words
    • 143 14 Bloomberg [KUALA LUMPUR) AMMB Holdings Bhd, Malaysia's seventh-largest financial group, is in talks to combine its banking business with Utama Banking Group Bhd, the two groups said. An announcement on the merger plan will be made today, executives from both banks
      Bloomberg  -  143 words
  • Page 13 Advertisements
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  • Page 14 Advertisements
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  • Page 15 Advertisements
    • 318 15 The Dazzling Jewellery Clearance of the Millennium only, our diamond New Belgium enables us to offer you this amazing clearance of internationally certified solitaire diamonds set and unset, in all shapes and sizes at prices that will dazzle you. A myriad variety of exquisite jewellery pieces are also discounted to
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  • SOUTH east asia
    • 435 16 BANGKOK It plans to work with Citigroup to manage the bank if it wins, says Thai paper Bloomberg US-BASED Newbridge Capital Ltd is the front runner to buy Thailand's state-owned Siam City Bank Pel as the US fund attempts to
      Bloomberg  -  435 words
    • 469 16 BANGKOK AFP THAI Finance Minister Tarrin Nimmanahaeminda has rejected claims of a cover-up after an official inquiry dismissed reports that a bank once run by his brother had piled up disastrous non-per-forming loans. In an interview published in the Bangkok Post yesterday, Mr
      AFP  -  469 words
    • 251 16 JAKARTA New A-G also looking into cases involving state agencies Reuters NEW Indonesian AttorneyGeneral Marzuki Darusman said he would reopen corruption cases involving state agencies and firms linked to former president Suharto's family, a newspaper reported yesterday. The probes include a lucrative clove
      Reuters  -  251 words
    • 913 16  -  l-ijcomment ASEAN President tackles Suharto, Bank Bali issues yang razali kassim ON Monday, President Abdurrahman Wahid said he would like to see former president Suharto put on trial. It's a populist statement. no doubt. If the new president was aiming at underscoring his own
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    • NOTE Book
      • 70 16 AFX-Asia (JAKARTA) Senior economists and advisers of former president Suharto, Wijoyo Nitisastro and Ali Wardana, have rejected President Abdurrahman Wahid's offer for them to join the new economic council. "I and Ali Wardana do not want to sit on the economic council," Mr Nitisastro said after
        AFX-Asia  -  70 words
      • 61 16 AFP [MANILA] Business confidence in the government of President Joseph Estrada is fast slipping, a survey commissioned and published by the Business World daily said yesterday. The survey, conducted by New York-based Audits and Surveys Worldwide for the paper, showed the business confidence index drop
        AFP  -  61 words
      • 62 16 Reuters [BANGKOK) A Thai bullet-proof vest maker expects to make a killing in sales as Thailand enters an election year. Srithanaporn Co, which produces the vests under licence from Du Pont, sold 400 vests in the run-up to the last election in November 1996
        Reuters  -  62 words
      • 57 16 AFP [MANILA) Ratings agency Thomson Financial Bank Watch yesterday said it had upgraded its outlook for the Philippine economy to "stable" from "positive". It said "the revision is based on the resilience of the Philippine banking system and economy during the Asian financial crisis and a
        AFP  -  57 words
      • 86 16 Bloomberg [BANGKOK] KGI Securities One, Thailand's largest stock brokerage by market share, said it may swap shares or use the proceeds of a share sale to buy control of a Korean stock brokerage instead of using cash. KGl's shares tumbled 12 per cent
        Bloomberg  -  86 words
  • Page 16 Advertisements
    • 160 16 ONE UNIQUE HERITAGE. THREE VERY DIFFERENT DIMENSIONS. Ifpfffip t -Jhili g %g *mr*> at Sk». :i »»BHB^M Y&' "t'%: IMBi ■HHHHHHHHHHHHHSHHRHHHHHHmhHHMHHBHI HMNb. From a driver's perspective, there's no mistaking a jaguar. Each range has its own distinct personality the sophisticated Jaguar XJ Series, the exciting jaguar XK Series and the
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  • EAST asia
    • 298 17 BEIJING Cabinet likely to review outline of anti-monopoly legislation soon Reuters CHINA'S Parliament has unveiled a list oflaws, including one on inheritance and another on bankruptcy, to be drafted or revised in the coming years, the official China Securities newspaper reported
      Reuters  -  298 words
    • 195 17 HONGKONG Bloomberg SUN Microsystems said it teamed up with 11 Asian companies to establish a US$4B million (SsBo million) investment fund to promote the use of its Java software in the region. The world's No 4 maker of computer servers invested US$3 million
      Bloomberg  -  195 words
    • 270 17 BEIJING AFP INCREASING stockpiles of completed new housing con tinue to drive down property prices in China, the state press reported yesterday. The growth rate of completed housing was 2.5 times greater than sales over the first nine months of 1999, Xinhua news agency said
      AFP  -  270 words
    • 100 17 HONGKONG AFP HONGKONG'S richest man, Li Ka-shing. has bought a 17 per cent stake in African gold mining company duff Mining for an estimated US$5 million (SsB.3 million), reports said yesterday. Mr Li, chairman of Cheung Kong (Holdings) and Hutchison Whampoa, bought the stake
      AFP  -  100 words
    • 587 18  -  Deal will deliver economic benefits of HKsl4Bb over next four decades: Tung hYom l Quak Hiang Whai in Hongkong THE Hongkong government yesterdayunveiled plans to invest HK522.45 billion (Ss4.B billion) in a joint venture with Walt Disney to develop a Disney theme park,
      REUTERS  -  587 words
    • 417 18 The BE Disney prqfect has other benefits too, says quakhiamg whai IN Hongkong where dollars and cents seem to matter more than anything else, it is easy to overlook the more important things in life. If the cynics are to be believed, the Hongkong
      417 words
    • 315 18  -  By Quak Hiang Whai THE government's multi-bil-lion-dollar deal with Walt Disney Co to build a Disneyland theme park received almost unanimous support from the local community although some pro-democracy politicians expressed reservations over the government's financial arrangements with the theme park operator. The
      315 words
  • Page 17 Advertisements
    • 391 17 ECTCT nifllH 9^l Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Ms Florence Nathan, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasingOsingnet.com.sg TEL: (65)
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    • 155 17 Sterna "W Ife THE ORIGINAL ?k PjL wATrtf 5* w 1 SPORTS WATCH filsfl 8 "W rt I Ik iiflHkßwl aJH V M Hfc j. _,^fl A^fepfy^i-p^ alha\ hi jit fIKHB \Sv v |^^Erf^fLi FvSI Jwl jM w^ i H^^VJt 1 fi& ,i«BM5al B JR ■HHm TAG HEUER SHOWROOM Tel:
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  • Page 18 Advertisements
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  • SOUTH asia
    • 330 20 BANGALORE Legislation will set framework for e-commerce and governance AFP INDIA is to announce a comprehensive information technology policy, including cyber laws, next month, a senior official said yesterday. "The government will introduce legislation in order to provide a legal
      AFP  -  330 words
    • 244 20 NEW DELHI Bloomberg INDIA'S software exports rose 58 per cent in the six months ended September, boosted by increased demand for e-commerce solutions. Software exports rose to 80.6 billion rupees (Ss3 billion) during the period, from 50.9 billion rupees in the yearearlier period, the
      Bloomberg  -  244 words
    • IN brief
      • 36 20 Bloomberg [NEW DELHI] India may soon introduce new policies to boost the country's exports and accelerate economic growth, said Commerce and Industry Minister Murasoli Maran. He declined to detail its contents. Bloomberg
        Bloomberg  -  36 words
      • 67 20 AFP (NEW DELHI] A mob demanding food attacked a helicopter carrying federal ministers on an inspection of the cyclone-ravaged eastern Indian state of Orissa, newspapers reported yesterday. A group of journalists accompanying the ministers was also heckled and a photographer slapped. The mob anger stunned Defence
        AFP  -  67 words
      • 58 20 AFP (NEW DELHI] Foreign companies want to invest in India but are waiting for concrete government measures to improve the business climate, said Geneva-based World Economic Forum. "Dollars are available and India is getting the attention of a large number of foreign investors," WEF
        AFP  -  58 words
      • 58 20 AFX-ASIA [BOMBAY] British Gas pic and Enron Corp are likely to acquire stakes in Gas Authority of India Ltd via the acquisition of global depository receipts (GDRs), The Financial Express reported. It said both British Gas and Enron have made bids for the
        AFX-ASIA  -  58 words
  • Page 20 Advertisements
    • 1160 20 COLLECTIVE SALE I ~77 V Commercial I Residential /J Site A/ //x\ off Jervois Road K/ Malaysian High A> Vv "g™^ 0 /f <asD •Within exclusive residential y enclave close to CBD and X^nvait^pari. Orchard Road Land area of 48,659 sq ft VaK yPok •Partly zoned Commercial/ v \V Residential
      1,160 words
    • 489 20 METALOCK (SINGAPORE) LIMITED (Imrprahd m to bputfc of Safari) NOTICE IS HEREBY GIVEN THAT on Extraordinary General Meeting of the Company will be held on 19 November 1999 at Albizia 1, Level 2, Jurong Country Cub, 9 Science Centre Road, Singapore *****8 at 10.00 a.m. for the purpose of considering
      489 words
    • 6 20 K. TODAY® p lianhe laobao ttgfiEgra
      6 words

  • Page 21 Advertisements
    • 57 21 #9 W%F 'W* "^WHBWySpNffi**flll > i ■Hp r ii IF USED PROPERLY, IT CAN STOP A CRIMINAL DEAD IN HIS TRACKS. The blueprint for a building is the blueprint for security. But only if your security company has the expertise to roll out a complete range of security solutions. /wv
      57 words

  • Page 22 Advertisements
    • 758 22 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 CHUAN SOON HUAT INDUSTRIAL GROUP LTD (Incorporated in the Republic of Singapore) PROPOSED ISSUE "ISSUE") OF 41,000,000 WARRANTS "WARRANTS") TO SUBSCRIBE FOR 41,000,000 NEW ORDINARY SHARES OF $0.10 EACH IN THE CAPITAL OF THE COMPANY TO BE OFFERED TO
      758 words
    • 621 22 NOTICE IS HEREBY GIVEN that I, WYNNE LAI WAI MENG of Blk 142 Rivervale Crescent #07-10 Singapore *****2, have applied for a Beer House, First (Mass Licence in respect of M/s Aik Hua Food Court Pte Ltd located at No 61 Übi Ave 2 *01-18 Singapore *****8, and that this
      621 words
    • 597 22 NOTICE IS HEREBY GIVEN that I, ENG SOO HOON of 6 Galistan Avenue Singapore *****9, have applied for a Ist Class Beer House Licence in respect of M/s La Pita Deli located at 3 Simei St 6 *01-06 Eastpoint Mall, Singapore *****3, and that this application will be considered by
      597 words
    • 466 22 NOTICE IS HEREBY GIVEN that I, TANG BEE YING of Blk 94 Henderson Rd *1)9-274 Singapore *****4, have applied for a Beer House Second ('lass Licence in respect of M/s Victorian Cafe 99 located at 11, Empress Place, Victoria Memorial Hall, Ground Floor, Singapore *****8, and that this application will
      466 words
    • 304 22 IN THE MATTER Of THE COMPANCS ACT CAP SO ANO IN THE MATTER OF JM ZHONG HOLOMG PTE LTD (In Members vohrtary UquHMom Extads of tie Mnules of an Emontnary General Meeting of tia Company ham on He 3rd day of November 1999 SPECIAL RESOLUTION "That the Company be wound
      304 words

  • Page 23 Advertisements
    • 129 23 Is there a notebook that presents itself as well as I do? jj I Bpp *y j **9& A b,i J'll" J^lk»f £"l^:-*£• -•i .-v' 1.-t'i -•/.A"-'ii > y e^v& Only Armada from Compaq has the strength of character to put gives you a one-for-one replacement guarantee within the first
      129 words
  • WORLD news
    • 500 23 SEOUL Top managers' resignations accepted; half of USssob in loans will be converted to shares in troubled group AFP CREDITORS of South Korea's crumbling Daewoo Group yesterday accepted the resignations of 12 top managers and decided to swap half their US$5O
      AFP  -  500 words
    • 361 23 SEOUL 2At won total loss at 19 banks against 881b won in Q2 Bloomberg KOREA'S commercial banks reported bigger losses across the board in the third quarter as they put aside more money to cover their exposure to the tottering Daewoo
      Bloomberg  -  361 words
    • 123 23 SYDNEY AFP THE nine-member Reserve Bank of Australia (RBA) board met yesterday with analysts convinced that monetary policy will be tightened for the first time in five years to take some heat out of the buoyant economy. Strong signals have already come from RBA governor
      AFP  -  123 words
    • 277 23 SYDNEY Bloomberg Broken Hill Proprietary Co's shares fell for the fifth day in a row, amid concern over the proposed sale of half the steel businesses of Australia's largest resources company. Al3 per cent decline in the company's shares since Oct 15 has
      Bloomberg; Source: Bloomberg  -  277 words
    • 212 23 TOKYO It pays 19b yen for stake in Japanese Net securities firm Bloomberg CITIGROUP Inc, the largest US financial services company, paid 19 billion yen (S$3Q3 million) for a 19 per cent stake in Japan's Nikko Beans Inc, which began offering securities trading, research,
      Bloomberg  -  212 words
    • 459 26 WASHINGTON Q3 GDP np 4.8%; increase in inflation indices blamed on energy costs Bloomberg, Reuters THE US economy is on track for further growth and tame inflation, the Treasury said. "The economy continues to roll along with few clear signs of difficulty ahead
      Bloomberg,; Reuters  -  459 words
    • 101 26 PEOPLE Bloomberg [MELBOURNE] Media mogul Rupert Murdoch and his wife Wendy Deng arrived yesterday at the Flemington race track for the running of the Melbourne Cup, often described as "the race that stops a nation." More than 10 million Australians bet on the race each year.
      Bloomberg  -  101 words
    • 298 26 TAIPEI Reuters A STRONG offshore tremor rattled Taiwan early yesterday, sending anxiety rippling through global technology markets despite causing virtually no damage or injury. Yet daybreak brought an unexpected surprise as Taiwan learnt that word of its major quake had rattled US technology stocks.
      Reuters  -  298 words
    • 490 26  -  Planned act makes US-Taiwan military relationship formal From Leon Hadar in Washington PRESIDENT Clinton and his aides are trying to persuade congressional leaders that a proposed legislation aimed at strengthening ties between the United States and Taiwan could produce
      490 words
    • 410 26 LONDON Gartner says it's business as usual when it comes to electricity supplies Reuters THE lights will stay on as the year 2000 arrives, the firm which helped to alert the world to the dangers of the millennium computer bug predicted yesterday. In a
      Reuters  -  410 words
    • WORLD Watch
      • 59 26 Bloomberg [LONDON] Prudential pic, Britain's largest insurer, said yesterday it will close 103 branches and cut 1,445j0bs as it reorganises its direct sales and Independent broker units to cut annual costs by £60 million (*****.6 million). The reorganisation will cost £90 million, the insurer said,
        Bloomberg  -  59 words
      • 100 26 Bloomberg [LONDON] US regulators may mount a legal challenge to BP Amoco pic's proposed US$35 billion (5558.3 billion) buyout of Atlantic Richfield Co, a plan to create the largest US oil producer and refiner, people familiar with the government's review said yesterday.
        Bloomberg  -  100 words
      • 76 26 Reuters [SINGAPORE] German business software giant, SAP AG, battered by a slump in its global profit and analysts' downgrades, said yesterday it is confident of a strong Asia-Pacific performance in 2000. "We will do better next year. I am not accepting 15 to 20 per cent
        Reuters  -  76 words
      • 62 26 AFP [LONDON] Marks and Spencer, the one-time darling of the British high street, yesterday confirmed its fall from grace as the UK's favoured outfitter with figures showing a 43 per cent decline in half-time profit. The store has publicly noted its own marketing disaster
        AFP  -  62 words
      • 76 26 Bloomberg [METZINGEN, Germany] Hugo Boss AG, Germany's largest clothing maker by market value, said third-quarter profit rose 17 per cent after US sales of its main Hugo Boss label jumped. Net income in the three months ended Sept 30 rose to 62.6 million Deutschemarks
        Bloomberg  -  76 words
    • 326 27 WASHINGTON US watchdog looking at advice from online brokers compared to traditional firms Reuters THE Securities and Exchange Commission will soon release a report about online trading and the suitability of investment advice that comes from Internet brokerages compared to advice from traditional
      Reuters  -  326 words
    • 95 27 NEW YORK Bloomberg CHASE Manhattan Corp said trading revenue would be US$4O million (5566.4 million) lower in the fourth quarter because a senior trader, who has been fired, inflated the value of trades, sources familiar with the situation said. Christopher Goggins, who traded currency derivatives
      Bloomberg  -  95 words

  • FOCUS capitalism
    • 2997 24  -  chandrashekhar gupta proposes a 'middle way' to achieve fairness and stability in the global marketplace, and to prevent another financial calamity CHANDRASHEKHAR GUPTA The writer, who has been in banking for more than 25 years, was EVP of a German bank in Singapore until last year. He
      2,997 words
  • Page 24 Advertisements
    • 27 24 Jjpllj ip we Mean Business ml- -Mmi Hourly Business Updates. Monday to Friday on Newsßadio 93.8 FM V NewsßodiC^3.B Wk more news more talk Rt.Cn.ll/NMtlil ——i SL
      27 words

  • Page 25 Advertisements
    • 437 25 I CQ H B Certificate No: Q***** ■;!'■■> M.E.I. Project Engineers Pte. Ltd ■In the midst of the recent economic downturn in this region, our company |p has pooled all resources available to work on the ISO 9001 certification. We are proud that we have now obtained ISO 9001 under
      437 words


  • Page 27 Advertisements
    • 189 27 !Wejust 'HiSSf- 1 gave it a name. 'I 1 11 a IfJ A Pin Gift you'll feel proud of! More than 2000dtffereot tenis to choose &xwn^. #01-101 Teh 3 Tel:*****l0 5 69 Wine Glass fr $9.90 $4230 20cm $85 25cm5138 Collective Sale hmunummm DERBYSHIRE COURT L mrt E STAT»ON Residential
      189 words

  • FINANCE & commodities
    • 175 28  -  pnmi-.il Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market closed lower yesterday amid soft trading conditions and following Wall Street's overnight weakness. The Straits Times Index closed at 2,057.22, down 15.82 points or 0.76 per cent. The MSCI Singapore Free Index
      175 words
    • 149 28  -  MS& Taiwan fatures Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures continued its downward momentum yesterday, shedding five points on expectations of gloomy corporate earnings. The underlying benchmark Taiex took its biggest plunge in two weeks, paced by technology stocks. Volume increased substantially,
      149 words
    • 301 28 ENERGY REPORT Bloomberg Reuters [NEW YORK] Crude oil was little changed in anticipation that a weekly inventory report may show a third straight increase in US inventories. The American Petroleum Institute was scheduled to release its inventory report after the
      Bloomberg; Reuters  -  301 words
    • 298 28 Reuters London THE euro briefly dipped to session lows against the dollar and weakened against other major currencies yesterday on reports later confirmed that French Finance Minister Dominique Strauss-Kahn had resigned. The euro slipped as far as U551.0496 from an earlier U551.0556 high as French daily Le Monde
      Reuters  -  298 words
    • Article, Illustration
      1312 28 DTTERBAini CROSS RATES A$ C$ ftwb Euro Ffr Dm HK$ Ind j» >uptah Yen Won W N?$P»>h Pm S$ Rand Sfr WT$ B<lrt Pomt US$ Australia 0.940 6.178 0.606 3.968 1.W9 4.978 27.814 43.190 0.671 7.646 2.435 1.258 33.219 25.632 1.068 3.938 0.976 20 333 24 783 0.389 0 641
      1,312 words
    • 1943 28 SICOM FUTURES Nov 2 RUBBER (futures dosing «s it 5.30pm) RSS1 CONTRACTUS centsAg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 99 126.50 1200 Jan 00 130.00 100 Feb 00 129.25 129.25 132.50 600 100 Mar 00 134.50 100 RSS 3 CONTRACT (US centsAg) Volume Open Month High
      1,943 words

  • STOCKS east asia
    • 2875 29 HONGKONG AFP jßangSeng +13.73 HONGKONG share prices rose a mere 0.1 per cent yesterday in cautious trade, with the announcement that Walt Disney Co will build a theme park in the territory failing to excite, dealers said. "Trading is cautious after recent
      AFP  -  2,875 words
    • Article, Illustration
      1031 29 Reuters CI Shenzhen B Index -1.32 SHENZHEN'S hard currency B shares ended lower yesterday, extending days of weakness caused by steady declines in the A share market, analysts said. The B share index fell 1.32 points, or 1.7 per cent, to 75.88 on turnover of HK$l9 million compared with
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,031 words
    • 379 29 AFP WP Index -9X3 TAIWAN share prices closed 1.2 per cent lower yesterday on a fall by US stocks overnight and disputes in the domestic corporate scene, dealers said. "Local investors were largely influenced by the falls on Wall Street," said Alex Yeh of President Securities. He said investors
      AFP  -  379 words
    • 2038 29 TOKYO AFP QNikkei 225 -4.96 SHARE prices in Tokyo fell a touch yesterday with investors reluctant to push buying ahead of a public holiday, brokers said. "As New York stocks turned down (on Monday), selling to lock in profits prevailed ahead of the holiday" today, said
      AFP  -  2,038 words
  • Page 29 Advertisements
    • 56 29 HOME IN ON HOB'S investment PORTFOLIO l LZI'Z I IPO. Shares. Bonds. Stocks. Annual Reports. l=p~— Jl— I Whatever you're offerinq, we help you reach out j II I to 86.7% of all adults in Singapore daily. I i —-B—~ The Stra tS T meS The BuSineSS Times Lianhe Zaoba
      56 words

  • STOCKS klse
    • 7901 30 v INDUSTRIALS ContwMr products 1999 Vol D«V Net Cap Mm» Lew Company Sale OOO Hl» Low P/l Smll 440 255 Ajinomoto 310 19 7 125 6 174 46 Angkesa 91 -1.5 7 93 91 134 2 404 220 Apollo Food Hlg 310 unch 3 310 310 7.4 124.0 294 115
      7,901 words
    • 404 30 AFP, AFX-Asia CI Composite Index -4.45 MALAYSIAN share prices closed 0.6 per cent lower yesterday with sentiment still depressed by a delay in the market's reinstatement into Morgan Stanley Capital International indices, dealers said. An analyst with a local brokerage said Sunday's MSCI announcement
      AFP,; AFX-Asia  -  404 words
  • Page 30 Advertisements

  • SES clob & regional stocks
    • 3186 31 BONDS WARRANTS il >rXs (aptrv k WH ct la»t M Day ImIOmU Avf Ittwi Cm turn Catfel Mm H«|» Ih Ciwimi* Safe I'OOO) Ln Mk Ptk« Millim Mu tirtitf Uft 104 10.5 s 3160 "Acer W*****1USS 41 unch 156 41 40.5 41 415 331 I 156 77 2 71 >0
      3,186 words
    • Article, Illustration
      798 31 AFP SET Index +1086 THAI share prices jumped 2.8 per cent yesterday to break through the psychologically important 400-point mark in volatile trade, dealers said. Buying was led by strong interest in banks, particularly in Krung Thai Bank and Thai Farmers Bank, they said. The Stock Exchange of Thailand
      AFP  -  798 words
    • Article, Illustration
      717 31 AFP n Composite Index -0.67 INDONESIAN share prices barely moved yesterday, slipping marginally lower on a quiet trading day as investors awaited the outcome of talks between the government and the International Monetary Fund, dealers said. The Jakarta Stock Exchange Composite Index fell 0.67 point to 594.41. The rupiah
      AFP  -  717 words
    • 281 31 AFP □WeUinglon +351 NEW Zealand stocks rose 0.2 per cent yesterday on an uninspiring day's trade. "The market traded in a tight range," said Peter Stokes at brokers JB Were. On light volume worth NZ596.5 million, the NZSE-40 Capital Index closed up 3.51 points at 2,099.92. —AFP •—I Ki
      AFP  -  281 words
    • 602 31 AFP Q All Ordinaries +IL3 AUSTRALIAN share prices gained 0.4 per cent yesterday with blue chips boosting the market ahead of an expected rise in interest rates. The All Ordinaries Index was up 11.3 points at 2,906.90. The All Industrials Index ended 25.9 points better at 5,081.80, while the
      AFP  -  602 words
    • 305 31 AFP P| Composite Index +13.63 THE Korea Stock Exchange Composite Index closed up 13.63 points at 890.18. Volume was 393.2 million shares worth 4.7 trillion won. AFP •*>2 Ma Anam $*mi ***** ISO Brain Tacti 2290 140 Can»ral Bank 3030 -50 ChaMComm ***** -1000 DaaGuBank 4900 100 Oaasanq Corp
      AFP  -  305 words
  • Page 31 Advertisements

  • 9004 32 MAIN BOARD Transaction date: Nov 2 52 Last Vol Day Last Ouot. Dta Wv YM Nat Cap A?q _J5R__l5E s,No Company Sate COOOI H>g» Lew 8»yer tailor CV Pft >w»H Price MULTI-INDUSTRY J! 5 m B ,00 Acma 50c '08 a uncK '15 108 107 107 108 10
    9,004 words
  • Page 32 Advertisements
    • 34 32 i wc win finance *ng Mo mo Tel: 458 4222/4333 Beach Road Tel: 292 1458/1810 Bcdofc Tel: 445 8011/8255 Brtlt jwt Tel: 487 1816/1 >18 E«»t Co«»t Tel: >48 8282/8288 Serangoon Tel: 288 8800/8858
      34 words

  • EXEC lifestyle
    • 502 33 DIVERSIONS Medical advances, urban lifestyles raising pet lifespans by 2 or 3 times Reuters [WASHINGTON) Indoor city life, vaccination, leash laws and access to medical care developed for humans means dogs and especially cats are living two or three times longer. "Thirty years ago.
      Reuters; FILE PHOTOS  -  502 words
  • Page 33 Advertisements
    • 165 33 Where to wine, dine and entertain... -Offering the lowest interest rate in town 290 4545 1 11 mi BB WMH v flNnlßj WnH ~A DINNCE 6.3opm' 1030pm Price «fejcct to 10%«ervicech»gt and |»i i AmovtnMim< 76 Brat Baaah Road, Singapore *****8 Tel: 318-8333 Fax: *****66 Web-site http://www.carlton.com.ag E-mail: Restauranti£Carlton.com.<g [ft]
      165 words
    • 70 33 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road. Singapore *****7 Tet 737 9944 Fax; 733 3175 I V- aC j -rile Place to he sun at. jig 5 1 EURO'S jE 9 ,0 II 9 Level I,Orchard Point
      70 words
    • 158 33 Lobby level Great mu.nc. Great entertainment. Bruvging you the very beat in b A > J Mandarin hits Ajjf QMi J our Fuzhou songbird SYMPHONY Our electrifying live band HB_ j from the Philippines 5.00pm -7.40pm B.oopm -12.30 am Perfomances on daily except Sunday Experience mr breathtaking Fashion Shew every
      158 words
    • 186 33 wssssss^m Enjoy some fabulous claypot dishes. Steaming hot and deliciously flavourful. The Hong Kong chefs of Hua Yuen Chinese Restaurant have come up with eight of the innovative and tastiest daypots, a favourite of ancient and modern Chinese. There are Claypot Mixed Vegetable with Fish Meat 6i Oolong Tea ($l2),
      186 words
    • 135 33 Revolving floor A Festival ofWines the Cuisine af\&ietnjtah I I! owm^cr Reservations: *****58/88 Httntiarm Singapore J I SsfiSl 333 Orchard Road. Singapore *****7 4411 Fax: 732 2161 wifU Q*\g cowAflitngv\foiry ;»Pf >rl>\V^ fK.Tflw- (VI«S+-«T»v Or loc«d), 1"5.50*-+-»-At Garden Terroce Bar Grill, you can enfoy a breezy poolside meal with a
      135 words
  • Page 33 Miscellaneous
    • 1037 33 CRYPTIC CROSSWORD ACROSS 9 Dissenter's abnormal fatigue 11 Cross-country runner (5) lions (5-4) on temple (8) 14 A fellow just after the occur- 26 Royal cure? (9,6) (7) YESTERDAY'S SOLUTION DOWN BThe one having liquid refresh- ii i I lal Iflnl VuMrMAI 1 Supporter of mine (7) ment was the
      1,037 words

  • MONEY matters
    • 1034 34  -  I=ll comment CURRENCIES But S$ unlikely to suffer much from news that USsl6b may return to Indonesia larry wee OUR fear last week that worries about US inflation could re-sur-face was effectively squashed when both the US third-quarter Employment Cost Index and Fed chairman Alan
      Source: Reuters; Source: Hypovereinsbank  -  1,034 words
    • 721 34 IF you had missed out oil buying Singapore government securities (SGS) when yields perked up last month, it's not too late. That's because SGS yields for five- to 10year maturities could come down this month. Earlier concern that US interest rates would
      721 words
  • Page 34 Advertisements
    • 325 34 Gear up for 9% p.a.* interest rates on Lf fl you Sm gap o reDo 11 arDe po s 1 1 1 j I a vtbntd deposit, will return your V I V 9 I jfc ion the prevailing e*change rate as oH9 August 999. for a "-month ten-re. wit*
      325 words

  • SHIPPING TIMES
    • 302 35 SCS '000 v* CWT Distribution t.25 -0.05 16 Chuan Hup 1.80 unch 543 Cosco investment 1.T1 -0.02 18 Freiqnt Links 0.30 -0.01 240 CB Holdings 0.82 unch 4 Mi Sun Hup 0.66 -0.01 204 IMC HokJings-HK —5.60 unch 0 Jaya Holdings 0.93 -0.02 67 Jurong Shipyard. 7.65 unch
      302 words
    • 584 35  -  S'pore carrier wants to reduce exposure to container shipping market By. Marcus Hand [SlNGAPOßE] Neptune Orient Lines (NOL) is looking to expand its logistics business with an eye to reducing its vulnerability to the container shipping market. "Today basically we are too vulnerable because
      584 words
    • 91 35 Reuters [ADELAIDE] A badly decomposed body, possibly that of a Tanzanian stowaway, was found on Monday in an empty freight container in Australia, police said. A spokesman said the body was discovered by a shipping company employee in the southern city of Adelaide. The container,
      Reuters  -  91 words
    • 600 35  -  STRAIT TALE By I Seafarer INTERNATIONAL shipping operates in a relatively free market. There are not many restrictions preventing ships trading to any country and competing for any cargo. Globalisation. the growth of open registers, mul-ti-national manning and consolidation within the container industry have
      600 words
    • AIRLINE industry
      • 643 36 lis financial ills have sparked an airline takeover war in Canada Reuters [CALGARY] Canadian Airlines Corp, whose financial ills sparked Canada's airline takeover war, is critically low on cash. The airline warned of its dwindling cash level as it announced a 24
        Reuters; FILE PHOTO  -  643 words
      • 267 36 Bloomberg (TOKYO) All Nippon Airways (ANA), Asia's secondlargest airline, said first-half parent net earnings fell 59.1 per cent because it slashed fares and passengers chose to fly on economy class. Parent net income at Tokyo-based ANA slid to 4.1 billion yen (Ss6s million), or
        Bloomberg  -  267 words
    • 297 36 PACE ESP Lines 13 ANl 3 Evergreen 6 Accord 8 to"**'" 8 Ahrenfciel 14 FrtL s M Appenship 5 6 Link AsiaOCL 13 Gemartrans 6 Austral 8 GenshM 13 Avant 14 GtoW 0 B'tanq Mas 8 Glory Nav M BSA 7 HaiSunHup 12 HI M u**, Heuna-A
      297 words
    • 20410 43 EXPORT ETA ETA Advertiser Vessel Voyage Telepnon* ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number »cr, ,v To BURNIE (BUR) 2061 Australia To ABIDJAN (ABJ) 2003 Cote D Ivoire tt /n jj/it Hyundai mm bunga teratai dua his
      20,410 words
    • SHIPS IN PORT
      • 720 49 Vessel Voy No Berth Arrival Departure Balacacstrai 44 JU JIM 02/11/1:45 01/TV6.00 Spc Virgo *****9 J12 02/11/7:40 02/11/17 00 Rgm Panel 3 51/99 J03 02/n/7:55 02/1V2300 SandKJewa 2 5 J02 02/11/8 20 02/11/23:59 Smarcenlral NOV 99 J17 02/11/9:10 03/11/6:00 Sunt* Jay*. JAN 99 J03 02/11/9 00 03/11/600 Bt
        720 words
      • 1924 49 RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO Booklng/Balanct Rstls Ship Voy No Etb/Btr Period From To From ACHIEVER 699 J/600 II 01/1400 01/1*59 0VI900 U 01/1700 02/065? 02/0900 28 01/1700 02/0659 02/0900 J 02/0700 02/I159 02/1400 4 02/1200 02/1459 02/1700 1SNUU 421 1/M MM MM WW 2A
        1,924 words
      • 150 49 Nov 3 Japan: Culture Day. Nor 5 Brunei: Meraj. Nov* Indonesia: Ascension Day of the Prophet Muhammad SAW. Sweden: All Saints Day. Nov 7 Malaysia: Deepavali. Singapore: Deepavali. Russia: Day of Unity and Reconciliation. Nov 11 Belgium: Remembrance Day. Canada: Remembrance Day. France: Armistice Day. Nov 12 Taiwan:
        150 words
      • 793 49 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indi cated The Cockett Bunker Price Index change and
        793 words
      • 521 49 Carbon 180 Max 991.1 12 17.8 0.09 60 0.09 Oct 21 Density Water htidw Ask Aluminium Sediment No above E2S 1 110 0 0 r 380 Aw 989 1 0.4 13.4 0.06 28 0.02 tin. 380 Mai 995.5 0.9 18.1 0.08 47 0.04 K/Wl in M/M
        521 words
    • AIR & LAND transport
      • 844 50 Single big piece of wreckage fonnd; officials yet to find evidence of foul play AFP [NEWPORT, Rhode Island]. Officials were homing in on a signal thought to be from one of Egypt Air Flight 990's "black boxes" after giving up
        AFP  -  844 words
      • 220 50 Oana-Xinhua [JINAN] With the JinanTai'an Expressway recently opened to traffic, the total length of China's expressways now exceeds 10,000 km, ranking fourth in the world. The Jinan-Tai'an expressway connects Jinan, capital of east China's Shandong Province, with the city of Tai'an, where
        Oana-Xinhua  -  220 words
      • 562 50 But Taiwan says it will reject offer if it means giving up sixth-freedom rights Reuters [MANILA] The Philippines, seeking to end an aviation spat with Taiwan over a new air services agreement, said yesterday it was willing to temporarily restore direct
        Reuters  -  562 words
      • LOG Book
        • 84 50 Reuters [LONDON] UK airports operator BAA pic posted flat first-half profits, warning that the outlook for duty free sales remained tough although the monthly trend since the abolition of EU duty-free had been improving. The company, whose £306 million (*****.38 million) first-half
          Reuters  -  84 words
        • 101 50 Bloomberg [ATLANTA] Delta Air Lines Inc, the third-largest US carrier, said it submitted an application to the US Department of Transportation yesterday to become the fourth US carrier to fly directly to China. The two countries agreed in April to loosen restrictions on
          Bloomberg  -  101 words
        • 77 50 Reuters [ALGIERS] Italy's national airline Alitalia resumed flights to Algeria yesterday after a break of more than three years because of violence in the North African country, the official Algerian news agency reported. "Alitalia will be the first airline from the European Union to resume
          Reuters  -  77 words
      • 322 50 AFP [MANAMA] Dubai-owned Emirates airline is to start flights to Bahrain where the troubled rival carrier Gulf Air is based. Bahrain's transport minister announced. Sheikh Ali bin Khalifa alKhalifa made the announcement after a meeting on Sunday between Bahrain's emir. Sheikh Hamad bin Issa alKhalifa.
        AFP  -  322 words
      • 1816 50 CITY RIGHT ETA FUCMT ETD MZ4578 1655 LH6373 2355 Abu MuM GA975 1520 S***** 1655 S026 2355 A4*W* AN8230 1905 "J™ 22 LH6381 1905 23 ***** 1905 *****8 2359 AMtwtai KL0643 0525 KL0838 2335 ***** 1750 ***** 0125 GA975 1520 AM4328 2345 GwfUwi $0803 1910 C2352
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  • Page 35 Advertisements
    • 50 35 The daily freight market report has been dropped due to pressure on space US focuses search on black boxes of clowned Egypt Air Jet Back page M A uV iv H A at v i «r 1 W M P^ a f r one !o days or Even weiivetodeiiver. FBCEX
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  • Page 36 Advertisements
    • 1260 36 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I 88X SUPER BHUTTLE EXPRESS PggCT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) «ssa vot raw iwsn iowokach pauas hciisww otuco wo row mnaan vissa vot BH rtOMnml acamha smiioobco co—to pkaumal WBuvßffwul mnauT OOd JAPAN 3
      1,260 words
    • 704 36 L(ne services represented inslni Mombers <* \4^g Accredited Shipping Agents, Sfcore National Shipping Assoc Jfljk Members o< the Singapore Freight Forwarders Association ULY UNE MALE VlSSft VOY ETA lIS EIA r. KLAWG SfOti MAli Empress Lily V 0699 09/11 14/11 20/11 Princess Lily V 1099 25/11 27/11 07/12 Princess Lily
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  • Page 37 Advertisements
    • 1054 37 TO EUROPE FROM EUROPE VBsn vot s« r» w im my sou m ta vcsa vot rtm aim ham o«v sou fit sm MX MIS 01IW 05/11 11/11 23/11 24/11 27/11 HYSBMAL 3201 M/ 10 H/10 19/1013/10 M/ll APIKAM. 012W 00/11 25/11 27/11 30/11 24/11 MONTE ROSA S3OC 14/10 14/10
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    • 1536 37 hanjin shipping iikP i 4 Its Wf«l» Mr. *****30 MAMJW SHOTMG (5) m ill) IOOMIC *****3S 737 SAUS *****74 731 DOOiUMT *****71 774 OfHUIKWS 7370?Sfr?SI HMD UNI 777/95S fu *****40 CI HO lIS34I3MMN TO NW USA A CANADA I U$A CANADA* ""I 5 I I nw 1 08, I rox
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    • 399 37 wssa *or_ jm_ it 6 mg««6a ua w [vtssa j vor Isw I Pi 6 Ivtssa wr RH kj KMT( ULSAW TI4S JO/JO (Ml 07/11 W/ll 1(101 1 *<£ 3MO I gr'n l*aiua»OUA I O'M If cl O?'H I MTCgELUW fISS 31/10 02/11 <1511 03/11 07/11 W/ll 12/11 13/11 pir
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  • Page 38 Advertisements
    • 1502 38 DSR-SENATOR LINES TO UK/CONTINENT TO MEDf IIiKRANEANCIANADA ttwa vor aw ia htm anr ham tm fu vessel vqt sat git spe fos vlc mid hmumkeluw «7iw mi a.ii ji.li *11 im nii wsma N3sw "517 TiT"air"air"TfiT~Sl? PUOONG SENATOR MIIW (111 1111 1111 ail 7111 911 Mil CHOTANG CHANCE H34W 1111
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    • 906 38 ■IAA MAU-NELS S PORE M'SIA Cantor: Ml CONTR LINES, INC p. gudang:(o7) *****26 rJV/V*J CMNOi laoosrsooooc S®U: (084) *****9 MAMLA (832) *****24 PENANG: (04) *****36 BANGKOK; (882) *****57 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JKT: (21)*****45 KUQHNG (082) *****1-3 HO CHI MINH PORT KLANC MV "OPTIMA A"V.969 MV "MARE
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    • 659 38 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VttMl S POflf N SHEVA COLOMBO P KLANG TARPON SILVER V 100W M NOV 10 NOV 23 MOV 20 NOV CAPE CANAVERAL VII4W IS NOV 23 NOV JO NOV KOK TULSIDAS Vll7 22 NOV 3* NOV 07 DEC 12 KC TARPON SILVER V 107W 21
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  • Page 39 Advertisements
    • 1626 39 VOV KHH HKG SIN PKG PQB DXB DMM BA BIK IRAN TEYFOURI PCL-5126 27/10 29/10 02/11 03/11 12/11 13/11 14/11 16/11 18/11 IRAN SHAHRYAR PCL-5127 03/11 05/11 09/11 10/11 19/11 20/11 21/11 22/11 24/11 IRAN BAABAEI PCL-5128 10/11 12/11 16/11 17/11 26/11 27/11 28/11 30/11 02/12 IRAN TAKHTI PCL-5129 17/11
      1,626 words
    • 925 39 W**ldy Dlrost Call* to K«ht (6 Np), Nogoya (7 Days) Tokyo (t Days) I COSMOSHIPMNGPTt ITD f° T' NS >[1 TiL- 226 1900 F»X:*****0« OUTWARD d/l] *****02 K»0«E OfFKi: m*MU Si, *i 11/11 SSmm, m m m WMfc ILL EAST COAST/ISRAH SiST K! !Rj j"! .vi. ,vn K IKS K!
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    • 1064 39 EUROPE EXPRESS SEKVK* EXPORT IMPORT vusa yor ,sm. um ktm an« ham ihv fuT visi 'vot ri —him m '%2,'Zrm g™ !i tFT j*wf- lill- if w IHf «t(gnM6 awoti to t rtott n mmu uimtM* »c*o* st rnaautc vu ha*7) Mrwar via rni L 2Z l w 1 TRANSPACIFIC
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  • Page 40 Advertisements
    • 1299 40 EUROPMm/SCAMDMUWA/FWUWD/BUiSIA I SGP ROM ANW HBG THP ZfE LMW LHV THP ROM ANW HBG PKL SGP EU6HT ""HO 07/11 25/11 01/12 27/11 29/11 30/11 01/12 E RACER RE 021 07/11 10/10 15/10 17/10 11/10 07/11 00/11 I c HW IM 14/11 02/12 11/12 04/12 00/12 07/12 00/12 E RESULT RE-027
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    • 1272 40 praamaa SO TROK BLANGAH ROAD M 2-02 OTPOKT CENTRE S'PORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CB NO. **********0W VESSEL voy eta etd destination MMUKWA 3M9 02/11« CMI« PALEMBAN&PKL BALAM IMAKUI 1V99 11/1149 12/11/99 PONTIANAK OMBUONA saw mm wvm muntok HMAWA 9M912/11« 12/11« MAUYSIASUIUIHUMAUMAinAN PORTS For
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  • Page 41 Advertisements
    • 408 41 mm MYANMA pBHk FIVE STAR LINE vT (Myanmar National list) Loading for Yaogon (Rangooi) VOT SM m KM PGU KING TUNG 4W SU) ■ONGLA 2IW 12/11 MALATSU AGENTS: KXfSTIAD SHIPPING AGENCIES KUL TU (03)*****00 PKL: TH (03) 37M101 rot m (04)2****** PGU; TH (07)*****21/4 BANK LINE (A service of Andrew
      408 words
    • 1161 41 _HYUNDAI_MERCHANT MARINE CO., LTD. |Vt5M VOT |SK SOU UH RTM HIT HAM MV m |VCSSB VOT|SOU||B<|RIM|AMT|NAM|HV| m LAIOK 530W 29/10 19/11 20/11 14/11 I*/|| MTDURI 3201 ot/10 13/10 M/IO i7/i» *i/m HYGBOAL 321W 01/11 17/H 11/11 20/11 23/11 MONIEROSA S3K 15/10 I*/10 10/10 12/10 «/U a* S5*W 04/11 22/11 27/11
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    • 954 41 WALLENIUS WiLHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SERVK3* Egg VOT \*w I height I SIN lual ai 1 mia i SAV Ihi w MYf 1 hfw 1 moo TAMPERE AHO9 400 Tow 63M 11/11 09/12 WH 2T7TT M/TF WW 277Tj~ IfTTT OTTfIT <£751" TfXAS AHIO 400 Tom
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  • Page 42 Advertisements
    • 1884 42 I VESSELS VOY SB I PKL I JED I MLA LEH RTM HAM ZEE SOT V-LE DE TAURUS A34W 06/11 08/11 14/11 iyil 2VII 2S/11 27/11 28/11 30/11 VILE D'AQUARIUS U34W 10/11 I*ll 2VII 3*ll 01/12 Qyi2 OVI2 V-LEDEAWTARES L34W 16/11 17/11 25/11 3(yil 06/12 07/12 o*l2 I<yi2 12/12 |VKXEDEVIROO
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  • Page 43 Advertisements
    • 64 43 FAR EAST EUROPE KYOWA LINE FULL CONTAINER Direct Breakbulk/Container/LCL EXPRESS SERVICE Turn To Pg 5 Manila/Guam/Saipan China Shipping (S) Agents: V-Grow Shipping Pte Ltd Agencies Pte Ltd See Page 7 Daily Wallenius Asia Oceanic Wilhelmsen Container Line New Europe To Weekly Service to MIDDLE EAST/ Belawan/Sin/P. Klang I S.E. ASIA
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  • Page 45 Advertisements
    • 56 45 Dial 740-6000 on demana (Retrieve more schedules!) s£} Press-1~ Select the port and key in 5 the four digit code —eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The document Will be Shipping Timfs Ki# faxed to you* H""
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  • Page 46 Advertisements
    • 158 46 B MMwtfQgM-LhW«JUt COCOS TRADERS (FOREST PRODUCTS SERVICE) (Sen C*m Service tor < hnstmas Isiuiid /Frennui(le/(4Kat Island) EUROPE SERVKE **ALm> call other west Australia ports subject to induwim-nl TAW SKN KKU TMA VESSEL VOT. SIN ai FML COS OCEAN OUEEN 24/11 28/11 30/11 7 THOR KIRSTEN MSB SAILED 06/11 14/11 24/11
      158 words
    • 212 46 TO EUROPE CHINA M. EUROPE SERVICE VEMEIWOY XOO QtXA «HA HKO I WW HAM WTHI FEL TRADE $£LENE_g2§W J4_Q£T i* OCT <?gT 01 NOV OS NOV NOV 27 NOV 28 NOV HANJtN SAVANNAH 079W 31 OCT 02 NOV 04 NOV 08 NOV 12 NOV OB DEC 04 DEC 05 DEC
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    • 165 46 KMH TIMtS/ gg SAIUMCS: f. GUDAMO/SINCAWHU SOUTH BOUND I KESSB WW PGUDW6 SM BMUSMII WITS 03/11 (WH)I 04/11 fTHU) HI! W205 04/11 (THUI (Mlffgl JUMAMI ffili avium at/iism mousmi fag oz/iiaw a/iimow omusum im> oi/iiwowi w/iimc PWASWi TOC I IC/11WB)) 11/11 (THU) NOSTH lOUND fflv >&UOA* MLxwt rim M/iinnu) ociinw)
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  • Page 47 Advertisements
    • 676 47 shipping line ltd ■IBPH 72 Aim* Road, *06-01 to 03, *****1 MAIN UM/OUIWAID: S3} 34U INWARD (WOh 437 23M UUOCT STATUS (DW): 437 237t MVINTMT (W0): 437 2420 W*ktil« http://www.MMM4ora.CMa CR NO. 1047**«***** BOOKINGS LINE: 535 6266 (Ceiio/Jessica/Mei Chon/Jestynn/Poro/Honim) mEMßmsmm 8 SLGS/WEEKLY 3 SLGS/WEEKLY lim£uu TSoi nfli (Ita) |vKsn Ivot
      676 words
    • 846 47 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Irwl M IM| WW roc CM KMI KM. WTI 0» SAY WW lAM HOU —UMK/MM 30/10 W/" .M/IL w/ll 71/11 15/11 27/11 30/11 21/12 31/12 >1/11 04/81 01/01 13/11 17/0) HQKM PTU /MM IT/11 23/11 21/11 JtlZll 11/12 W/12 1«/11 21/12 11/01
      846 words
    • 144 47 SHIPPING •WAREHOUSING lotaa: Singapiwv Loading Daily Mon to Sat fBATAMINDO l/lll) Accepting KlX'«wenuonal/f > niject/Hea\v I jft Carpi Rcefa Contaaier Wat—: Saigapon: leading Mon. Wed&Hi (BATAMINDO H) Accepting KlXToivenaanai/Prqißct Heavy Lift Cargo Tat 227 0322 Fax: 222 9330 a... f_ J- f ui t Do a Io A BctaMMO >Mppißg
      144 words
    • 497 47 NflSB eng LEI SHIPPING CO PTC LTD I I mVA fcfc 53*475 (4 Ums) feu 51NU1/UUH* I T ate inmimn I VBSa VOT SM FIA SMITD MSTHUriOM UmSta77 3/99 01/11 03/11 Saab* Gondc# 9/99 02/11 03/11 kin UmSttS 8/99 07/11 03/11 for Ok UmStalO 4/99 07/11 03/11 PMK Buoncttri M/
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  • Page 48 Advertisements
    • 497 48 I VESSEL VOY^^Sir^^pllA^^SlJ^l TIGER BAY 746N 11-14/11 19-13/11 I TIGER ISLAND 747N 09-10/11 14-18/11 23-24/11 I TIGER BRIDGE 748N 12-131/11 18-22/11 26-27/11 I TIGER METRO 750N 17-17/11 22 25/11 3(W)1/12 I TIGER RHYTHM 749N 20-20/11 25-29/11 02 I TIGER ISLAND 751N 23-24/11 29-03/12 07-08/12 I TIGER STREAM 402CN8 08-09/11 15-18/11
      497 words
    • 778 48 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@sing net.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN JUAN CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA PARANAGUA PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYLIFT CARGO Bobby Lee *****71
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    • 1006 48 X M9Mr r cat *****50 w fcri,K bn^ J* WOtTl AMttKA BSA ia«fl «C HOB I >->** MM nc HOU oi ia w~ OOG JATUI37ES4S «ft 19/11 M/lI 75/11 75/11 74/11 00Q (MM 35W547 12/10 11/10 14/10 IS/10 71/10 07/11 OOQ 04M3W544 It/11 VII 01/17 07/17 07/17 01/17 OOQ KfttM
      1,006 words
    • 79 48 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 01/11 02/11 JAKARTA/PANGKAL BALAM JUBILANT 03/11 0511 YANGON SOUTHERN QUEEN 0611 0&11 SURABAYA/BE LAW AN CHAHAYA STAR 09/11 12/11 COLOMBOMSAK^ALCUrTA REGULAR DIRECT CONTAINER A BREAKBUuTI SERVICE TO PORT LOUIS ft DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 10WB 22/11 03/12 08/12 ALS
      79 words

  • Page 49 Advertisements
    • 30 49 ioj Ahoy! Europe. Sailing schedules from Amsterdam to Zurich. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered by Tin Hi mm>sTimi;s SIIIITIMiTIMKS
      30 words