The Business Times, 16 November 1999

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Total Pages: 44
1 44 The Business Times
  • 15 1 THE BUSINESS TIMES ridß/1 p|^on 85* SINGAPORE Internet: http://business-times.asia 1 com.sg TUESDAY, NOVEMBER 16, 1999
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  • 57 1 228J1 (+40.09) fmn-m U ***** (+24.86) iNlsaßanmnEs ■J 388J0 (+0.40) sncKHAUErmmcBs •Monday Change KLSE (X)MP 7Sj9___>777 ■NIKKEI IM.I9K.y9 -69.46 HANG SENG *.***** SET IXDKX 421.7# -ttt JAKARTA COMP __6S5.«0 *<157 MJPUCOMP —1JML47 -754 TAIPEI WPI 7.545(0 SEOILUMIP 974.73 >6.47 C'LSA CHINA B mi* *2I.«8 AIST AIX OKI) _JUH0.7#
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  • 72 1 FOUSBftlB Wf IJ67 S(t'W5«*|wrS) 1615 UK im 1.7a _ijw »m YES 104 J) MM* KM- o.M HKI- 7.771 OiU BAOT *157 0.043 RI.'HAH «385 (1.024 'ssummut* PSIHE BATES SINGAPORE* 580 KUALA LUMPUR 7^5 JAKARTA 4006 BANGKOK ton MANILA 1100 HONGKONG 8 25 TAIPEI go? SYDNEY 715 TOKYO 0 50
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  • 625 1  -  Bally fuelled by optimism over S'pore economy and Friday's strong Dow By Ven Sreenivasan [SINGAPORE] The Singapore stock market surged to a record high yesterday, boosted by optimism over the domestic economy, a strong close on Wall Street, receding interest rate
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  • 682 1  -  Venture with Golden Land to be top operator with over 2,000 units in 5 years By Conrad Raj [SINGAPORE] Singapore property giant DBS Land is moving deeper into Thailand, expanding its ties with its listed Thai partner Golden Land by setting
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  • 890 1  -  Hang Seng at 2-year high; gains expected for trade, services From Quak Hiang Whai, Meera Tharmaratnam HONGKONG markets yesterday welcomed the longawaited agreement by the US and China on the mainland's admission into the World Trade Organisation. Anticipating that the deal
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  • Page 1 Advertisements
    • 79 1 nnnPß Top stories Govt to revise development charge rates every six months instead of yearly. Mmxt Pmgm Going behind the scenes of the Sino-US WTO deal. Hurt Pmgm S'pore tans grab up to 1,000 tickets to watch Tiger Woods in action. Hongkong launches its version of Nasdaq. *9 16 Hutchison
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    • 4 1 More reports, Pg 3
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    • 57 1 You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it Begin your own tradition. S ¥r Officer's Calatrava-ref. 5022 Roy Eastern Watch #01 86/88 #01 74 Lucky Plaza 304 Orchard Road Singapore *****3 Tel: (65) 734 3139 (65) 734 1935 #01 19/20 Centrepotnt 176 Orchard
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    • 19 1 Bdtteriak China "s WTO ball now in EU court, Pg 12 Zku played crucial role in talks, Next Page
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  • NEXT page
    • ON THE grapevine
      • 126 2 ONE theory going round now is that Aiex Au, chief executive of OCBC Bank, has got the upper hand after last week's unpleasant round of rumours about him quitting. The theory is that Mr Au, who was hired slightly more than a year ago to turn OCBC into
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      • 117 2 ACCORDING to some international tourism leaders who were here for a forum last week, Singaporeans could be friendlier. Francis Phun, managing director of Singapore Explorer, believes that the serious demeanour of some senior locals may be a negative factor. He told the participants that
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      • 106 2 WHEN you compare it to the millions these guys cream off from bootleg software, we wonder whether a $20,000 reward will look a little dismal by comparison. The Intellectual Property Rights Warrant Unit of the Singapore CID (Criminal Investigation Department) led raids against seven outlets located
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      • 77 2 GUESS what's going to be Singapore's contribution to Expo 2000 in Germany next year? None other than our local trishaw. Fifty spanking new specimens, with improved pedal-power and passenger ergonomics to boot, are destined to be the environmentally friendly way of getting around the extensive fair ground, says
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    • 822 2  -  Move expected to dampen raging en bloc sales, raise developers' costs Ry Kalpana Rashiwala, Marissa Chew [SINGAPORE) The government will revise development charge (DC) rates every six months instead of yearly a move which observers say will raise land costs for developers in the immediate
      SIEW YAW HOONG  -  822 words
    • 727 2  -  Last-minute meeting with Barshefsky on Saturday pivotal behind n tTsgrggnrggi From. David Murphy in Beijing A TELEPHONE call from President Jiang Zemin to US president Bill Clinton a fortnight ago may have breathed new life into Beijing's World Trade Organisation membership bid, but premier
      727 words
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  • COMPANIES & markets
    • 750 3  -  Analysts say it's still not too late for investors to bay into rally By' Wong Wei Kong, Siow Li Sen IS it too late to buy into the rising market? Not if investors pick the right stocks to ride the rally, the experts say.
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    • 332 3  -  china-i ismrrrm Bat gains are limited as impact of China's entry is not clear yet K<r Wong Wei Kong THE removal of a major obstacle to China's entry to the World Trade Organisation added spice to the trading of China-linked stocks in Singapore yesterday, but
      FILE PHOTO  -  332 words
    • 313 3  -  By I Siow Li Sen THERE is no stopping United Overseas Bank (UOB). The current favourite banking stock, UOB yesterday saw its share price premium widen to $2.50 over traditional rival OCBC Bank. UOB shares ended at $14.80, up 90 cents
      Source: Reuters  -  313 words
  • Page 3 Advertisements
    • 143 3 ONE UNIQUE HERITAGE. THREE VERY DIFFERENT DIMENSIONS. 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 new spirited Jaguar S-TYPE but the power of good breeding unites them all. Call us
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    • 351 3 Earnings per share Accounting standards are continually changing, making it necessary for all those involved in financial reporting to keep up to date. Not only are new standards being issued, existing standards are also undergoing revision. Are you up-to-date with the revised standard relating to earnings per share (EPS), a
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  • SINGAPORE companies
    • 261 4 Bernama [MELBOURNE] The 3.5-star Hotel Grand Chancellor in Melbourne, jointly owned by Johore Corp and Singapore's Hotel Grand Central (HGC) group, is up for sale for more than As2l million (5522.5 million). HGC chairman Tan Eng Teong said the 159-room hotel in
      Bernama  -  261 words
    • 422 4  -  Fast-food franchise to be revived in new Tampines Mall store opening in mid-Dec Ity Ling Su Ann [SINGAPORE] Orange Julius, the fast-food franchise famous for its specialty blended juices, will get a new lease of life when Bonvests Holdings opens its first franchise store at
      422 words
    • 397 4 AFX-Asia [SINGAPORE] Asia Dekor Holdings Ltd shares were sharply higher on listing amid positive prospects for the company and upbeat sentiment in the broader market, dealers said. A staggering 127 million shares were traded. By 11.25 am, the counter was already
      AFX-Asia  -  397 words
    • 366 4 Some investors hoping that KepT&T unit Radiance will gain from alliance Reuters KEPPEL Telecommunications Transportation (Keppel T&T) shares jumped almost 20 per cent yesterday on speculation that it might benefit from the recent tie-up between Singapore Telecommunications Ltd and Japan's KDD Corp, dealers
      Reuters; FILE PHOTO  -  366 words
    • 281 4 ALLGREEN Properties' subsidiary Chelmer Pte Ltd has been awarded the tender for a prime freehold site at Devonshire Road for $123 million cash, confirming a BT report yesterday. The price works out to $755 per square foot per plot ratio. A development
      281 words
    • 514 4  -  HOCKimairrem conrad raj JURONG Shipyard, one of the world's most efficient shiprepair operators, has announced changes to make itself even better able to face the competitive forces of the next millennium. It is integrating the operations of its own facilities with those of Sembawang Shipyard,
      514 words
    • 417 5 There are likely to be some 50 issues, raising about $2b through local bourse Reuters [SINGAPORE] Singapore will see a record number of initial public offerings (IPOs) this year as companies rush out their offerings on the back of buoyant market
      Reuters; FILE PHOTO  -  417 words
    • 264 5 SINGAPORE Aircraft Leasing Enterprise has delivered the first of six Boeing 777-300s which it is leasing to Emirates. The jet was delivered directly from the manufacturer's plant in Seattle, the Singapore Airlines subsidiary said in a statement yesterday. The state-of-the-art aircraft
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    • COMPANY Briefs
      • 132 5 A SSET trader Simon Cheong's general offer for JC-MPH closed yesterday with low acceptances for 634,414 shares representing 0.2 per cent of the issued capital, and Offer Warrants representing 0.1 per cent of the warrants. On behalf of takeover vehicle Davale Pte Ltd, DBS Ranlf
        132 words
      • 23 5 WONG Paw, Ewe Pang Kooi and Loke Poh Keun have resigned as directors of JC-MPH with effect from yesterday.
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      • 103 5 PCI Ltd is negotiating with the major holders of PCI'B associated company, Polymicro Corporation Singapore, to buy from them shares in Polymicro representing a majority stake in the company. If PCI acquires these shares, Polymicro will become a subsidiary. Polymicro is engaged in
        103 words
      • 63 5 FORM Holdings said Ang Peck Ngoh, Tan Kah Ghee, Hee Theng Fong and Hoon Tai Meng have resigned as directors. Following the resignations. Hoon Tai Meng. Hee Theng Fong and Tan Kah Ghee ha ve ceased to be members of the audit committee and are replaced
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      • 54 5 STANDARD Chartered Merchant Raw* Asia mm the Central Provident Fund Board has given approval for CPF members to use their CPF savings (up to 20 per cent of investible savings) to purchase shares in Asia Power Corporation as non-trustee shares under
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  • Page 4 Advertisements
    • 796 4 DAVALE PTE LTD (Incorporated in the Republic of Singapore) CONDITIONAL CASH OFFERS FOR JACK CHIA-MPH LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF LEVEL OF ACCEPTANCES AS AT CLOSING DATE The Development Bank of Singapore Ltd ("DBS Bank") wishes to announce, for and on behalf of Davale Re Ltd
      796 words

  • Page 5 Advertisements
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    • 15 5 Buy It Sell It Find It Classified. CATS I 1800-737-1166 Call Today For Results Tomorrow.
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  • SINGAPORE markets
    • 202 6  -  WARRANT WATCH By' Ven Sreenivasan CHINA-LINKED issues shot to the limelight yesterday amid reports that China and the US had struck a deal on the World Trade Organisation entry issue. One of these was Cosco, the Singaporelisted arm of China's biggest shipper.
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    • 475 6 Stocks Volume Asia Dekor HK15c 126.000,000 Asia Food&Prop US$ 51,832,000 Eagle Brand Hldgs HK75c 30,270.000 Gotten Agri US10C 28,453,000 l-One5c 24,824,000 'Gentinglnt 21,970,000 CM Telecom HK75c 19,006,000 Omni Ind 10c 17,590,000 GES Intl Ltd 20c 17,289,000 Del Monte USlc 16.675,000 Slocks OCBC 61,596,088 UOB 53,972,698 DBSGrp 37,646,527 Omni Ind 10c
      475 words
    • 556 6  -  STOCKS ven sreenivasan THE Singapore stock market surged more than 2 per cent, boosted by optimism that the Republic's annual economic growth was about to be revised upwards. The Straits Times Index hit a record 2,240.08 points before ending the day with a
      556 words
    • 264 6  -  HOT STOCK By Wong Wei Kong CONTRACT manufacturer Venture Manufacturing was one of the biggest price gainers yesterday, rising 50 cents or 3.2 per cent to $16.20. The stock rose on volume of 904,000 shares, which is significantly higher than its 10-day traded
      264 words
    • 131 6 Singapore ♦9.30 am. Official inauguration of G U Logistics (S) Pte Ltd by Liew Heng San, managing director of Economic Development Board ♦10.30 am. Press briefing on 2nd Small and Medium Enterprises (SME) day ♦10.30 am. Koh Brothers Group Ltd media pre-launch of its
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    • 514 6  - Regional currencies firm; euro dip lower against US$ CURRENCIES Singapore dollar's strength, holding below 551.67 against US$, looks solidly backed larry wee MOST Asian currencies started off the week on a healthy note yesterday, buoyed by a stream of good news, but the euro and the pound continued to lose
      514 words
  • Page 6 Advertisements
    • 212 6 To Germany and Bach. Wk I j|^H .jM*. 14 classic performances weekly, via Dubai. From Ist November, Emirates will fly non-stop daily to Frankfurt and six times a week to Munich^. On board you II experience up to 18 channels of personal video entertainment, gourmet cuisine and fine wines served
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  • SINGAPORE news
    • 463 7  -  international finns boy 1,600 tickets Ven Sreenivasan SEVERAL hundred die-hard Singaporeans golfing fans are making their way to Kuala Lumpur to see Tiger Woods and other golfing sensations battle it out at the World Cup of Golf this week. BT understands
      463 words
    • 318 7  -  Income from licence, frequency fees climbs 68% By* Catherine Ong THE liberalisation of the telecommunications industry has been good for the regulator too. The Telecommunications Authority of Singapore (TAS) has reported a 92 per cent surge in operating surplus to $75.1
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    • 423 7 Members urge WTO to launch talks with developmental slant The Straits Times [DURBAN] The Commonwealth summit ended yesterday with a strong chant for the millennium round of global trade talks to benefit all members, especially developing countries. Despite some discordant notes over globalisation in
      The Straits Times  -  423 words
    • 379 7  -  Byi Ling Su Ann SALES of unredeemed pawn pledges chalked up a gross value of more than $10 million last month when gold prices hit a high of $19.50 per gram, said auctioneers Knight Frank. This surpasses the average of $8
      ARTHUR LEE  -  379 words
    • 310 7  -  By, Jennifer Lien US manufacturers ordered 25.6 per cent more electronic components in September in year-on-year terms, although month-to-month, their orders actually fell 2.55 per cent. The latest available figure from the US Commerce Department compares with a 32.9 per cent year-on-year rise in August,
      310 words
    • 325 8  -  But figure is still 68%npvsyear-ago; lower numbers were expected in face of market slowdown By Kalpana Rashiwala APPLICATIONS for CPF funds to buy private homes fell 43 per cent in the third quarter to 4,232, from 7,434 in the second
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    • 366 8  -  By Andrew Wee HOMEGROWN Dreamation Pte Ltd has formed a joint venture with the aim of capturing, in two to three years, 10 per cent of the multi-billion dollar global computer game and merchandising businesses. Its partners are three Canadabased computer graphic Arms Enzyme Digital,
      SIEW YAW HOONG  -  366 words
    • 441 8  -  2bSUULcom offers access to voice-mail, e-mail, fax at any time from anywhere By i Catherine Ong LOCAL Internet start-up 2bSURE.com has received US$4 million (5*6.7 miUion) from two venture capital firms, The Vertex Group and Walden International Investment Group. The injection of
      ARTHUR LEE  -  441 words
    • 181 8 HORIZON.COM, a local IT firm, and Kent Ridge Digital Labs (KRDL), a local software research institute, have teamed up to go for the market for broadband (high speed online) services. Horizon.com's executive chairman and co-founder, LtGen (Retired) Ng Jul Ping, said at
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    • 110 8  -  MAM Mil Eric Wong Vice-President UOB Asia Limited For and on behalf of GMG Global Ltd Singapore via Internet WE REFER to the letter from Denis Distant in respect of the listing of the shares of GMG Global Ltd ("Indefinite wait for
      110 words
    • 69 8  -  Denis Distant Singapore via Internet I WONDER whether Mediaßing realises that its virtual phone on its Internet phone Website has a numeric-only key pad which makes it very inconvenient to dial an alpha-numeric phone number. Other than that inexplicable shortcoming, I found Mediaßing Call 99 very user-friendly
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  • Page 7 Advertisements
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    • 129 7 Alaskan King Crab now at Xin's 5548.80 per person Give Your Friends Business Colleagues A Royal Meal Bigger. Larger. These monumental crustaceans make an unforgettable feast among friends and a royal meal for business associates. Make your reservations today! Chilled Alaskan King Crab In "Teochew" Style Braised Superior Shark's Fin
      129 words

  • Page 8 Advertisements
    • 1023 8 PERTAMA HOLDINGS LIMITED PERTAMA NOTICE OF EXPIRATION OF WARRANTS DUE 1999 OPOJP IMPORTANT NOTICE THIS IS AN IMPORTANT NOTICE WHICH REQUIRES YOUR IMMEDIATE ATTENTION. WARRANTHOLDERS WHO ARE IN DOUBT AS TO THE ACTION THEY SHOULD TAKE, SHOULD CONSULT THEIR STOCKBROKERS, BANK MANAGER, ACCOUNTANTS, SOLICITORS OR OTHER PROFESSIONAL ADVISERS IMMEDIATELY. WARRANTHOLDERS
      1,023 words
    • 78 8 CFAZY ELEPv\kW"\ PRESENTS ERIC HOUSE OF RISING SUN' BUROON AND THE NEW ANIMALS trnt i innrj -V*" ERIC BURDON- VOCAL AYNSLEV DUNBAR DRUMS MARTIN GERSCHWITZ KEYBOARDS VIOIIH DEAN RESTUM GUITAR DAVE (WEROS BASS TIIVIRS I6TM f NOV 1999 i 9:57 PTI i 'UVls' AT 71-11= CRAZY I=I.I=PMANT /X7/VTM/SS!! ONE SHOW
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    • 22 8 E-mail btletter@sph.com.sg Youcanmn*llu**tbttittor%9ph.oom.9g r toiD us at *****71, ormaMycurhttarto 77m Buafnaaa Tin**, ThnaaHouaa, 390Kim Sang Road, Stngqxxa*****6. rfnn gtva jmr fUff narna,addn9sandtahphonanumbaf.^
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  • Page 9 Advertisements
    • 91 9 Blanc paiN SINCE 1735 THERE HAS NEVER BEEN A QUARTZ BLANCPAIN WATCH. NEVER WILL Phase r The only r 100-hour power <5> Cortina Watch Centre EXCLUSIVELY AVAILABLE AT: SINGAPORE: Cortina Watch Centre Pte Ltd Raffles Qty #01-36 Tel: *****85 Lucky Plaza #01-32 Tel: *****68 Millenia Walk #01-63/64 Tel: *****28 Paragon
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  • FOCUS property
    • 305 10 Its waterfront site will be redeveloped by Henderson Land SCMP [HONGKONG] Hong Kong Ferry has entered into a HK11.5 billion (*****.6 million) property development agreement with Henderson Land for the redevelopment of its Tai Kok Tsui waterfront site into a residential and commercial
      SCMP  -  305 words
    • 733 11  -  PROPERTY Nobody really knows how the Land Office totes up redevelopment levies, and this obscurity should not go on lee han shih IN a perfe c t world, the Land Office would hold a public meeting on the huge Keppel Harbour project. At
      733 words
  • Page 10 Advertisements
    • 330 10 IH Site area: 4,055 sqm I l °v»"bHoHdjy Resort Plot Ratio: 1.4 I I J&-\ m Height: (up to 4 storeys) I I wn fi!Sr V"—l Tenu|r e: Leasehold 946 yrs I =s 3^ J ytiSi» Tender Closing Date: I 19 November 1999, 3pm I for information or tender documents,
      330 words
    • 323 10 12 fr 18 Angullia Park Two Adjoining Freehold Residential Sites Next To Four Seasons Park •Site areas: (A) 12 Angullia Park 16,819 sq ft (B) 18 Angullia Park 44,731 sq ft (Angullia Mansion) TOTAL 61,550 sq ft Plot ratio 2.8, 30-storeys Exclusive neighbourhood loutovvd oA?i r Walking distance to Tow
      323 words
    • 53 10 Collective Sale of Bukit Umah Mansion Prime Freehold Residential Site Site area: 1,940.6 sqm (20,888 sq ft) Plot ratio: 2.1, 20 storeys For Sale By Tender Closing: Friday, 17 December 1999,3 pm Lost your Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buy it. Sd
      53 words

  • Page 11 Advertisements
    • 106 11 FREEHOLD Industrial 18 Genting Road For Salt/Lease 5-sty Terrace Factory i i Built-in area: 16,943 sq ft I I Land area: 5,650 sq ft Sjfig j--g. T bay with 'If* 'If H leveller Good corporate For enquiries, please contact Sole Marketing Agent *****88 PRIME INDUSTRIAL/OFFICE BUILDING FOR LEASE >pe t
      106 words
    • 602 11 Collective Sele Prime Freehold Development Site Site Area: 191,037 sq ft D6P Plot Ratio 11 Close proximity to the popular East Coast area Easy accessibility to airport and CBO Subject to Strata Trtfes Boards Approval, if required Tender Collective Sele iiuhmthi. DERBYSHIRE COURT SaarnmnoN Residential Development Site Site Area: sq
      602 words

  • EDITORIAL & opinion
    • 835 12  -  TH|HB ■rmvniiiHa OPINION anthony rowley The writer is BT's Tokyo correspondent IT seems hard to take exception to the announcement by the Asian Development Bank (ADB) that henceforth, it will focus most of its energies on reducing poverty. Like "doing good works", poverty
      835 words
    • 76 12 'If our ancestors managed to chase out the Dutch in 1949, we will do the same with the Indonesians.' Btkttar Abdullah a spokesman for the Free Aceh Movement in Stockholm. 'Portfolio managers today, their No 1 priority is job preservation. They don't want to buck the trend,
      76 words
    • 649 12 EDITORIAL ITS official The United States and China have agreed, at long last to take the first concrete step to pave the way for Beijing's long-delayed entry into the World Trade Organisation (WTO). The agreement signed in Beijing yesterday, marking the end of
      649 words
    • 977 12  -  Book shews how high-tech success stories turned US bnsiiiess on its head By Michiko Kakutani NYT AS MICHAEL Lewis' entertaining new book tells it, the seeds of the Internet boom were planted one day in the early 1990s when American entrepreneur Jim
      NYT  -  977 words
    • 999 12 Wky US Is strong PEOPLE who say America, to preserve its strength, must preserve giant companies like Microsoft no matter what they do have it all wrong. It is the fact that a bunch of Justice Department lawyers making U5575,000 (*****,500) a year can take on
      999 words

  • MALAYSIA news
    • 546 13 KUALA LUMPUR ELECTION BEI Analysts' succession questions prompted by finance minister's wish to retire from politics Reuters MALAYSIAN Finance Minister Daim Zainuddin has said he would like to retire from politics after snap polls this month, raising questions over who might succeed the market-savvy architect
      Reuters  -  546 words
    • 356 13 KUALA LUMPUR Reuters MALAYSIA'S opposition leader yesterday accused Prime Minister Mahathir Mohamad of using an unprecedented visit by China's prime minister to drum up support during an election campaign. Parliamentary opposition leader Lim Kit Siang of the Democratic Action
      Reuters  -  356 words
    • 116 13 KUALA LUMPUR Bloomberg THAILAND and Malaysia, the world's biggest and third largest rubber producers, will bid for 140,000 tonnes of rubber that the International Natural Rubber Organisation will sell after the group disbanded last month. The two countries will also make an effort to include
      Bloomberg  -  116 words
    • MARKET moves
      • 91 13 ELECTRONICS counters posted good gains on the Kuala Lumpur Stock Exchange yesterday, led by Unisem Bhd which rose 1.40 Malaysian ringgit to RM17.90, making it the day's top gainer. Unisem announced a 68 per cent jump in net profits for the first nine months of this year
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      • 49 13 MALAYSIAN Pacific Industries, which picked up another 30 sen to RM18.90, was another electronics counter to make good. And cruising along with it was parent Hong Leong Industries which rose 60 sen or almost 12 per cent to close at RM5.75 yesterday.
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      • 87 13 SPK Sentosa Corp topped the losers' list yesterday, finishing 52 sen, or almost 18 per cent lower at RM2.39 on news of its aborted mergers of finance institutions. The company said late on Friday that it had terminated two agreements which would have thrust
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      • 149 13 SELECTIVE accumulation of index heavyweights, with banking and finance stocks at the forefront, helped the overall market to a higher close yesterday. The benchmark Kuala Lumpur Composite Index (KLCI) regained ground lost last week, closing 7.77 points up at 729.29, with some 112 million shares
        149 words
      • 82 13  -  by Diana Oon Abdullah MARKET expectations that a surge in holiday cruises coupled with fleet expansion plans would boost Star Cruises' earnings yesterday sparked interest in Resorts World, which owns 27 per cent of Star Cruises, and gaming stock Genting, which owns 55 per cent
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    • 720 14 KUALALUMPUR Better premiums, oversubscription rates spar others to seek listing INVESTOR sentiment towards initial public offerings (IPOs) appears to be improving as the economy picks up steam, The Star yesterday quoted analysts and merchant bankers as saying. A senior merchant banker said improving premiums
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    • 428 14 KUALA LUMPUR This indicates weak capacity: analysts Reuters MALAYSIA yesterday announced a benign inflation rate which analysts said indicated weak domestic demand and excess capacity in many industrial sectors. The Statistics Department said consumer prices were 2.1 per cent higher in October over
      Reuters  -  428 words
    • MALAYSIA Briefs
      • 73 14 Reuters [KUALA LUMPUR] Malaysia's Commerce-Asset Holding yesterday said smaller loan provisions helped lift its earnings for the nine months to Sept 30. The country's second largest banking group said earlier its net profit soared to 280.46 million Malaysian rlngglt (***** million) for the nine-month period from
        Reuters  -  73 words
      • 73 14 AFX-Asia [KUALA LUMPUR) RHB Capital Bhd's unit RHB Bank is exploring all options, including lobbying for anchor bank status, under a proposed banking merger plan. RHB Capital said in reply to a query from the Kuala Lumpur Stock Exchange that the bank is holding discussions
        AFX-Asia  -  73 words
      • 66 14 AFX-Asia [KUALA LUMPUR] Second Finance Minister Mustapa Mohamed said the 2000 Budget presented on Oct 29 will be the basis of the new Budget to be tabled in Parliament assuming the ruling coalition government is re-elected. He told government officials: "That is our policy
        AFX-Asia  -  66 words
      • 74 14 Bloomberg [KUALA LUMPUR] Malaysia's production of natural rubber in September fell 2.6 per cent on month to 62,507 metric tonnes, bringing total production for the first nine months to 592,373 metric tonnes, said the Malaysian Department of Statistics. September output fell 28.8 per cent on
        Bloomberg  -  74 words
      • 53 14 AFP [KUALA LUMPUR] The sodomy trial of former deputy premier Anwar Ibrahim has been postponed indefinitely, one of his lawyers said yesterday. The defence team received a letter from the high court informing them of the postponement but "no reasons have been given", counsel Sankara
        AFP  -  53 words
      • 55 14 AFX-Asia [KUALA LUMPUR] Multi-Purpose Holdings said it has suspended the due diligence review of RHB Bank and RHB Sakura Merchant Bankers following the move to ease the guidelines for bank mergers. However, it told the stock exchange the MoU between Multi-Purpose Bank and RHB Capital has
        AFX-Asia  -  55 words
    • 328 14 MANILA Bernama THE debt-ridden Malaysianowned National Steel Corp (NSC), the Philippines' largest steel complex, needs at least US$l3O million (Ss2l7 million) in fresh capital to resuscitate and reopen it, an official said here yesterday. The amount was pegged during a meeting over the weekend
      Bernama  -  328 words
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    • 441 14 unTTI I- lIWIIIM l>w»nnmw g> '-v. "*s ,\.y: i--. ..,.uiVyfciW^ii4iT*rt /••P j\ iV4 fc «-c s"c**•*?;' -sTsSSS r; Jlv' v»***' v *~p~T" "Tir ~i-n m TTnTUrpIW» jSRsk. .i^^^aaaaaBCTaßSB3Kw -< v/ *SM<X» «.r I*A. <*4v» t tWd.' ««y.i»UMBr n *~i >tvvYJ 4 *y /,V* *%■«*>.< «f HV--i f4 V. U.» f/.
      441 words

  • SOUTH east asia
    • 458 15 JAKARTA Collapse has stopped lmt with growth at 0.54%, real recovery still eludes Reuters INDONESIA yesterday reported modest economic growth for the third quarter, but the figures suggested real recovery had yet to get off the ground. Gross domestic product grew 1.54 per cent between
      Reuters  -  458 words
    • 458 15  -  Aceh unrest, graft probe in to ministers sideline investors From l Shoeb Kagda in Jakarta DESPITE positive news of third quarter economic growth, Jakarta stocks yesterday gave up earlier morning gains as domestic concerns drove investors to the sidelines. This saw the benchmark Jakarta Composite
      458 words
    • 173 15 BANGKOK Bloomberg ADVANCED Info Service, Thailand's largest mobile phone operator, said thirdquarter net Income quintupled from the same quarter last year on the back of surging sales. The company said it earned a net 884 million baht (5538.1 million), or 3.28
      Bloomberg  -  173 words
    • 222 15 JAKARTA ■evedepeadsen whether Ibra reviews deal Bridge News, AFP THERE'S a chance that the United Kingdom's Standard Chartered Bank will pull out of its agreement to buy Bank Bali if the Indonesian Bank Restructuring Agency (Ibra) goes ahead with plans to review
      Bridge News,; AFP  -  222 words
    • NOTE Book
      • 66 15 Bloomberg [MANILA] Philippine Long Distance Telephone Co, the' nation's dominant telecommunications provider, said its third-quarter net income fell 66 per cent as declining overseas calls and losses from subsidiaries squeezed profit margins. PLOT said third-quarter net income fell to 776 million pesos (5132.2 million) for
        Bloomberg  -  66 words
      • 84 15 Reuters [TOKYO] Indonesia's fiscal conditions are very serious, with its external debt likely to double next year compared with levels seen two years ago, the World Bank's chief economist for the East Asia and Pacific Region, Masahiro Kawai, said yesterday. The debt would reach
        Reuters  -  84 words
      • 74 15 AFP [JAKARTA] Parliament and community leaders in the province of Riau will submit a proposal this week to become a federal state of Indonesia, a report said yesterday. 'To be realistic, the relations between the central (government) and regions must be improved and federalism
        AFP  -  74 words
      • 39 15 Bloomberg [BANGKOK] Bangkok Expressway pic, Thailand's largest toll road operator, said it returned to profit in the third quarter, from a loss a year earlier, as lower interest rates eased its debt burden. Bloomberg
        Bloomberg  -  39 words
  • Page 15 Advertisements
    • 314 15 •■■nrf? v-■"■ e Mo&' .'^^fcfS' ■2 > l^^'*«,&t-: v s" '-X* t 'r *f fe:-;V A-* j®*'-":" .v- i 5 :J. y. f. -.i; t. t s ;•< <y-:> V tjs -V &V£t«&#Jfc p?ll2 ''i's- s^iS;W^igS^K>^k, ¥«>-.?. J ;:Mf -at- •< > "?.<n .«v>££*NX?v t;x. v vw.. j\ as 7#
      314 words

  • EAST asia
    • 502 16  -  USsl.2b venture to tap telecoms and Net hnrinflMPg if HIT anii Greater China region From' Quak Hiang Whai m Hongkong STRATEGIC alliances between Asian telecoms giants and global network operators are coming in fast and furious Li Ka-shing*s Hutchison Whampoa yesterday unveiled a joint
      502 words
    • 604 16  -  Growth Enterprise Market a listing avenne for start-ops Front Meera Tharmaratnam in Hongkong HONGKONG launched its version of the Nasdaq market yesterday, offering Hongkong and other Asian-based startups a means to raise cash and investors an avenue to ride Asia's nascent Internet boom. The new move
      604 words
    • 540 16  -  Ha iccks incentives like free movement Of capital manpower From] Macabe Keliher in Taipei YC WANG, founder and chairman of the Formosa Plastics Group (FPG), is known for his eccentric investment initiatives that often foil to materialise. But his latest plan
      540 words
  • Page 16 Advertisements
    • 90 16 @IBM, DB2 and DB2 Universal Database are trademarks ot International Business Machines Corporation in the Unrted States and/or other countries. Wridows «nd Windows NT are trademarks of Microsoft Corporation r the United States, other countries, or both UNIX is a registered trademark in the United States OTd other countries licensed
      90 words

  • SOUTH asia
    • 445 17 COLOMBO Sept total external assets fall 9.5% from last Dec; govt reserves down 15.8% AFP. Reuters SRI Lanka's foreign reserves have fallen sharply as exports continued to struggle, the Central Bank said in a report yesterday amid calls by international lenders for
      AFP.; Reuters  -  445 words
    • 44 17 [CALCUTTA] A woman on Sunday offering prayers to the sun god during Chhat Puja, a popular Hindu festival in North India. During the celebration, thousands of people will take a holy dip in the River Ganges amid the setting sun. AFP
      AFP  -  44 words
    • 420 17 ■DHAKA Mm Is aimed at cutting dependence on imported petrol Reuters NATURAL gas rich Bangladesh plans to set up 51 compressed natural gas (CNG) filling stations to reduce dependence on imported petrol and cut air pollution, energy ministry officials said yesterday. They
      Reuters  -  420 words
    • 296 17 BOMBAY US investors given choice of nearly 100 projects in investment snmmit Bridge News THREE Indian states of Maharashtra, Gujarat and Madhya Pradesh are offering US investors investment opportunities in nearly 100 projects worth US$B.6 billion (5514.3 billion). The Indian states are
      Bridge News  -  296 words
  • Page 17 Advertisements
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  • Page 18 Advertisements
    • 81 18 '■■M llfcf' &Nfl£' -wt v Utt i* -ft -I. ■fl .Wll.i f ,KV r v ->JH» 1 UHnawS Btfite Swat i**4 *vfc <i&i Mt imm'- ipol;. uw;!™i Jj you need an from 3C°m. Sc/bre you can even contemplate the simplest tasks In e-buslness, you need a strong network behind you.
      81 words

  • WORLD news
    • 434 19 NEW YORK With PC demand set to drop, chipmakers' prospects appear cloudy NYT THE Nasdaq Composite Index is no longer simply a stock index; it is a phenomenon. The index is up an astonishing 46.9 per cent this year; in 11 of the
      NYT; FILE PHOTO; Source: Bloomberg  -  434 words
    • WORLD Watch
      • 81 19 FT [MUNICH] Siemens, the German electronics and engineering group, is considering the disposal of its automotive products division in a sale that could realise US$3 billion (Sss billion). It has appointed Merrill Lynch to review options for the business, which had not previously been
        FT  -  81 words
      • 93 19 FT [LONDON] Nomura, the Japanese bank and one of the UK's biggest pub landlords, is looking at ways to double the number of its licensed outlets. It is believed to be interested in a deal with Pubmaster, the group that Brent Walker,
        FT  -  93 words
      • 69 19 Reuters [TOKYO] Under pressure from intense price competition and a strong yen, Japanese electronics giant Hitachi yesterday halved its group net profit forecast for the business year to next March. The company, which plans to announce a medium-term business strategy on Friday, now expects consolidated
        Reuters  -  69 words
      • 71 19 Reuters [NEW Y ORK] Corning Inc, a leading producer of fibre optic cable, said on Sunday it will pay US|l.B billion (S|3 billion) in stock for Oak Industries, which makes fibre optic equipment. Corning said the boards of both companies have approved
        Reuters  -  71 words
    • 521 20 WASHINGTON Growth is fastest in 6 months; business sales dip 0.2% to USsB42.3b Bloomberg US businesses stockpiled goods in September at the fastest pace in six months, led by food and department stores, the Commerce Department said yesterday. Sales declined. Inventories rose 0.4
      Bloomberg  -  521 words
    • 75 20 [LONDON] Former Tory MP Neil Hamilton arriving with his wife Christine at the High Court in London yesterday for the start of his libel action against Harrods boss Mohamed Al Fayed. Mr Hamilton is suing the Harrods owner over comments he made in a Channel
      AFP  -  75 words
    • 339 20 LONDON It could pay as much as 250 euros, up from 203-euro offer Reuters VODAFONE Air Touch pic, whose 103 billion euro (*****.3 billion) bid for Mannesmann AG was rejected on Sunday, is set to raise the stakes and trigger the biggest hostile
      Reuters  -  339 words
    • 266 20 SEOUL Reuters FOREIGN creditors have warned South Korea that it would be difficult to approve debt workout plans for the disintegrating Daewoo Group because they did not deal with its overseas debt or offshore units. In a frank letter to the head of the
      Reuters  -  266 words
    • 536 21 WASHINGTON Spuming off Windows ops could resolve dominance row: experts AFP MICROSOFT chairman Bill Gates did not rule out a break-up of Microsoft as a result of the government's anti-trust case against the company, an interview to be published in Time magazine yesterday
      AFP; REUTERS  -  536 words
    • 358 21 SEOUL Bloomberg MICROSOFT Corp, Qualcomm Inc and Capital Communications CDPQ Inc of Canada will pay US$6OO million (Ssl billion) for 9.2 per cent of Korea Telecom Freetel Co, helping the mobile unit of Korea's biggest phone company to break into the nation's fast-growing
      Bloomberg  -  358 words
    • 381 21 WELLINGTON Bloomberg NEW Zealand, the first country to see in the Year 2000, has chosen a cartoon cockroach called Ken to hand out Y2K survival tips. Ken, whose talents include the ability to scurry about headless for a week, advises
      Bloomberg  -  381 words
  • Page 19 Advertisements
    • 410 19 =3AX= THE UNIVERSITY OF NEW SOUTH WALES SYDNEY.AUSTRALIA offers through Cornerstone Training Centre These programmes are designed to equip executives, managers and professionals for leadership positions in technology-driven industries. The programmes are offered on a part-time distance learning basis. Students will be provided with comprehensive study material. Intensive seminars will
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  • Page 20 Advertisements
    • 218 20 COMPLMNT MMAGBEMT wcjwvAMMHS KEwmem vrwrvjw.w.tmsrvr CONDUCTED BY: PROFESSOR ROBERT JOHNSTON I __^^rwick_^usin^^S€hool University of Warwick Holiday Inn Park View, Singapore 9.00 am 5.00 pm L COMPLAINTS AND BUSINESS BENEFITS the acid tests for complaint management 4. MEASUREMENT AND ANALYSIS re^en^ofl improvement identifying information needed usjnf infonnation 10 drive improvements (SS29oformm
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  • Page 21 Advertisements
    • 79 21 46 DAYS I Thereto MMywavs I u traisnip yaur memories HRhema provides liftvan storage Hfor personal effects you have no I use for at the moment and do not I wish to discard for sentimental or I other reasons. I Store your surplus furniture and I effects with us at
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    • 413 21 street smart fQ|T| From exotic fruits to fertilisers, we help business flourish on the Net. The Net is ripe for the picking. And we can help you reap its rewards. Already Sun powers some of the most successful businesses on the Net. Companies like Amazon.com, ebay, Excite, E*trade, Sony they
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  • Page 22 Advertisements
    • 1746 22 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I TEAMSPHERE LIMITED I 1 (Incorporated in the Republic of Singapore) I IB NOTIO: IS HEREBY GIVEN that an Annual General Meeting of Teamsphere Limited will be held at 1 Changi South Street 1, Changi South Industrial SSj Estate,
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    • 1584 22 PERTAMA HOLDINGS LIMITED aa=j TO: LOAN STOCKHOLDERS OF PERTAMA PERTAMA $13,200,000 principal amount of 3.5 percent unsecured Loan Stock due 1999 ("Loan Slock*) GROUP NOTICE OF REDEMPTION OF LOAN STOCKS NOTICE IS HEREBY GIVEN that the Loan Stock (unless previously purchased and canceled or surrendered in exercise of the Warrants
      1,584 words
    • 193 22 M THE MATTER OF THE OOMMkNKS ACT, CAR 50 i AND IN THE MATTER Of SINGEND PRIVATE LIMITED (IN MEMBERS'VOLUNTARY liquidation) NOTKX Of HNAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of to Companies Art, Cap. 50, rtiat a Final Meeting of 4m Memben of the abwanawJ Company
      193 words
    • 805 22 IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR (COMMERCIAL DtVISKX) COMMERCIAL SUIT MO Da-3n7S-M BETWEEN RASHID HUSSAIN SECURITIES SON BHD (*****-A) PLAINTIFF AND DICKY SUMARLI (INDONESIAN PASSPORT No F*****5) DEFENDANT woncr nc To: DICKY BUMARIJ fafrrmrtv ml No. 32. Orange Grove. Apartment No. MlOO7. Singapore *****3 or at No
      805 words

  • FINANCE & commodities
    • 279 23  -  Reports MSCI Singapore Index Daphne Toy, Jardine Fleming THE Singapore stock market had another sizzling session yesterday, propeUed by the robust performance on Wall Street last Friday and expectations of a good set of thirdquarter gross domestic product data due out this
      279 words
    • 171 23  -  MSCI Taiwan fttorw Charlie Kuo Refco Singapore THE Simex MSCI Taiwan Stock Index ftitures rose slightly yesterday as rallies in the US market last Friday boosted investors' confidence in Taiwan stocks. However, the gain is limited due to caution on banks' bad
      171 words
    • 191 23 ENERGY REPORT Reuters [LONDON] OU prices stormed higher yesterday bolstered by a cold snap in Europe and the United States and more speculation from Opec ministers that output curbs will be retained beyond March. London Brent blend ftitures for December
      Reuters  -  191 words
    • 322 23 Bloomberg New York THE dollar held close to a two-month high against the euro, and is poised to gain further on speculation the US Federal Reserve would not raise interest rates today, luring investors to US stocks and bonds. The reaction of US stock and bond markets to
      Bloomberg  -  322 words
    • Article, Illustration
      1070 23 DTTBRBAME CROSS RATES "ZZ w to! fir p, m Indlitiffc Ywi I— Mi nawib HM SS UK sir WT$ tat N— USS S22 U i rvai 0M5 M2 Sf!! AS 1223 1021 ***** 4il23 0.677 7.631 2.455 1245 33.492 ***** 1077 3.955 1.004 ***** 249(3 MOO 0446 SET n«? n«
      1,070 words
    • 1496 23 MOttMHJTUMg Nov 15 mm qoh m. op MHfiH im im (QMM) i^fNt 5fJJ 122.75 1200 SI II S •r» 131.75 100 u. ja J5 fUS 71T5 72.75 70 KM 2 75.00 2950 g 7400 7400 7175 200 inroo TUX 7100 7125 100 M TOWNS COVTIACTMtt*/* VMM* OpM B! T" j"*
      1,496 words

  • STOCKS east asia
    • 2271 24 HONGKONG AFP P Bag Seng *37X55 HONGKONG share prices soared 2.6 per cent yesterday on a Sino-US agreement paving the way for China's entry to the World Trade Organisation (WTO), dealers said. "The market had a strong performance, with shares picking up
      AFP  -  2,271 words
    • 1839 24 TOKYO AFP QffikUflS 4MI SHARE prices in Tokyo closed 0.3 per cent lower yesterday as investors sold to lock in profits, brokers said. The Nikkei average of 225 selected issues lost 60.46 points to end at the day's low of 18,196.09. "Selling to take profits
      AFP  -  1,839 words
    • Article, Illustration
      823 24 Reuters Pa«hf»Mg *4JB SHENZHEN'S hard currency B shares closed up sharply yesterday due to rising hopes that China and the United States would reach an agreement on Beijing's bid to join the World Trade Organisation (WTO), brokers said. The B share index surged 4.06 points, or 4.94 per cent,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  823 words
    • 359 24 AFP QWPhtox ♦Hffl Taiwanese share prices closed 0.2 per cent higher yesterday on buying of technology stocks, dealers said. "Investors rushed to buy technology shares on anticipation of strong growth in the coming year," said Tsewang Nyima, analyst at President Securities Corp. The Taiwan Stock Exchange Weighted Price Index
      AFP  -  359 words
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  • STOCKS klse
    • 422 25 AFP. AFX-Asia n Composite Index +7.77 MALAYSIAN share prices ended 1.1 percent higher yesterday on Wall Street's strong lead and interest in semiconductor stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index finished at 729.29 points, up 7.77 points from Friday's close.
      AFP.; AFX-Asia  -  422 words
    • 7975 25 INDUSTRIALS Cmmw pniicti 199* Last Vpl Day N«l Cap Hiqli Ln Company Sala 'OOP Ht|> Low P/I Smll 440 255 Ajinomoto 302 19.2 122.4 174 44 Anqkasa 88 2 3 88 87 129 8 404 220 Apollo Food Wq 312 4 6 312 312 7.4 124.8 294 115 Bartaya Land
      7,975 words
  • Page 25 Advertisements

  • SES clob & regional stocks
    • 2723 26 BOMPSAWABRAIITS am M MMa Uat MB* mn.Hi ta« kaaadtaa tar UM I— mm C—mi Mi «ar mm urn taw lata Wf 1—rttafc Mm m g*g 104 W 5 3160 *AcarW*****mSl 4t unch US 41 40.3 41 415 JX1 1 156 81 236 20 BO 14 t 3164 Acma W*****4 415
      2,723 words
    • 286 26 AFP Index +M 7 THE Korea Stock Exchange Composite Index rose 5.47 points to 974.73. Volume was 467.6 million shares worth 5.74 trillion won. —AFP VAram Semi 1*200 -750 Brain Tech— 1705 -55 Central Bank 3030 MO Cheil Comm *****0 8000 Da*GuBank_ *805 215 <580 280 Daewoo Car*- **>
      AFP  -  286 words
    • 270 26 AFP □■ufla -TM PHILIPPINE share prices fell 0.4 per cent yesterday, dragged down by fears of a possible hike in US interest rates and lower domestic company earnings, brokers said. The Philippine Stock Exchange Composite Index fell 7.54 points to 1,983.47. AFP —'B Naa *h mm MRCAMad 0.77 -0.05
      AFP  -  270 words
    • 282 26 AFP Q Wellington -13*55 TELECOM dragged New Zealand's share market down 0.7 per cent yesterday despite an even contest between gaining ahd losing stocks. On light turnover of NZ$6B million, the NZSE-40 Capital Index fell 13.55 points to 2,066.17, with Telecom down 10 cents at NZ57.96. —AFP ■we ■>
      AFP  -  282 words
    • 524 26 AFP WADiWiMriM +<tS AUSTRALIAN shares closed up 0.02 per cent yesterday amid selective profit-taking despite Wall Street's strong lead, dealers said. The All Ordinaries Index inched up 0.5 point to 3,010.70. The All Industrials Index closed down 9.2 points at 5,218.80, while the All Resources Index rose 13.2 points
      AFP  -  524 words
    • Article, Illustration
      751 26 AFP QSETMg -6J2 THAI shares shed 1.2 per cent yesterday with profit-taking offsetting early gains and few fresh leads to support followthrough buying, dealers said. Early rises were supported by Wall Street's strong showing on Friday, prompting speculative buying in finances and other sectors, one dealer said. The benchmark
      AFP  -  751 words
    • Article, Illustration
      669 26 AFP QOmptnte Index ♦*57 INDONESIAN shares closed off their highs but still up 0.09 per cent yesterday, with most large caps giving up early gains to profit-taking, dealers said. The index was dragged down in afternoon trade by selling pressure, mostly from local investors, a dealer at a local
      AFP  -  669 words
  • Page 26 Advertisements
    • 124 26 Daniel Jeanßichard A IBBrMnh j® 1 Commemorative stamp (1941) This superb creation bears rt>c Dime! Jeanßichard signature and is Kr. paying homage to Daniel distinguished by the originality of its strong, smooth lines. Housing an automatic Jeanßichard, a celebrated chronograph movement, the curved stainless steel case is water-resistant to watchmaker
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  • 8361 27 IU1H BOARD Transaction date: Nov 15 6r Of M Wt M-m Lot Vol On La* <*»•<• JJ| Cap A»q i—i mn cmm »n roooi hi» l—> c*r wt www MtlLTMNOUSTRY 182 17.5 m b 1000 Acma SOc 120 *6 990 121 117 120 121 10 3.3 43 9.8
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  • Page 27 Advertisements
    • 74 27 1 Is W HII fHI Li! ICi^i^.i Ir■ C I'l.rns I'l 11! ci pi isc sullw jic helps voti see he\on.l tc< ill.m my, uxi lo s J.r.i ..i int, M itu* u>n ~r-\ \hi v Sp«»: icruh Jiul .1" i.: r;* GREAT PLAINS ■lei i tM.-n one mtc y.i
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  • EXEC lifestyle
    • 1103 28  -  Get off the beach and into the forest says oob bwee leho, for a meaningful Queensland holiday GOH HWEE LENG The writer is a Brisbane-based freelance contributor. For more information, contact: Tourism Queensland Singapore, 101 Thomson Road, #07-04 United Square, te1:253-2811, flbt2s3-8653. Or visit the Websiteatwww.austnUia.com
      PHOTOS BY GOH HWEE LENG  -  1,103 words
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  • Page 29 Advertisements
    • 1585 29 CRYPTIC CROSSWORD nniB«witntqal^ r u 930 News 5 Tonight. SJO All About China. p „X, nnnuatinnc 10 #Buffy e v amP>re 535 Orange Road. 232 Primarama. 1 p P f pj ■f| P J*®? u Slayer: Beauty And 6.00 See Wed s Schedules. 330 Warna Warni Muzik. hmm a| mam
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    • 14 29 NOV lfff! Act 1,35 th Floor Reeervottem: M 1 -6ttl 3D CNdwi kedSipaee 23Mb7
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  • Page 30 Advertisements
    • 341 30 iippsi w- w 1 H> gjti/L WIHMIMI <p»o ~T. I i -.-i^jmmm,—— I f fc j y '&tYTilti li II hMrti'A I*"' The road to success isn t easy• But noLody said it couldn t te comfortable. At Lexus, we realised long ago that the journey can audio systems. your
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  • SHIPPING TIMES
    • 297 31 Bridge News, Reuters BROKERS are expecting firmer Panamax rates to be seen for business from the Continent this week. In the Pacific, it remains to be seen how much new business is quoted as to whether rates stay firm or start slipping. HME-CHARIERi ♦Aquagem (built 1997) 167,102 dwt
      Bridge News,; Reuters  -  297 words
    • 275 31 Ml '.J- «9 5*5 v- w CWT Distribution 1.32 003 94 OmwHup L9S 0.03 1517 Cesco Investment—US 0.16 MS Frt«*UBk» 0l33 0J» 14M MMcMhigs O.M 0.04 7S Hal Sun Hup 0-72 -OCT 774 IMC HoMngt-HK —940 uncii 0 JayaHoMngs 1.02 -OOt 227 JOTnaSNpyard 8.79 -005 91 KpppriCorp 4M
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    • 508 31  -  ■na'ijiiuwj Japanese proposal comes as 17 Japanese crewmen were rescued after ship hijack in Malacca Straits By\ Marcus Hand [SINGAPORE] Japanese shipping industry officials have suggested setting up a United Nations Coast Guard to combat the scourge of piracy in
      AFP  -  508 words
    • 297 31  -  Republic has been council member since 1993 By. Ann Toh [SINGAPORE] A Singapore delegation led by Communications and Information Technology Minister Yeo Cheow Tong is in London to seek Singapore's fourth reelection to the International Maritime Organisation
      297 words
    • 74 31 [SINGAPORE] Manila-based shipping agent CF Sharp has formed an alliance with Hamburg's Ahrenkiel Group on technical and crew management exchange. Under the agreement, CF Sharp will be Ahrenkiel's exclusive manning agent, while Ahrenkiel will provide technical manaagement for CF Sharp's ships. Both groups
      74 words
    • 266 31 Reuters [VANCOUVER] Union negotiators have accepted a mediator's recommendation to end a labour dispute that has idled Canada's West Coast ports, but it remained unclear if employers would end their seven-day-old lockout. Federal Labour Minister Claudette Bradshaw ordered the two sides in the
      Reuters  -  266 words
    • MALAYSIA'S shipping co
      • 1012 32 Maritime giant is not relying on Petronas, but refining itself into a globally competitive, quality shipping service LR Group Magazine PETRONAS is not an MISC hero; it will not automatically feed cargoes to MISC, as a Petronas subsidiary. MISC must compete in the market and
        LR Group Magazine; FILE PHOTO  -  1,012 words
    • 177 32 PACE Djak Lloyd 8 ACL 6 Dongnama 3 AML 3 Dongnama 3 t Accord 8 00cMn 7 Appmhip 5 ECl 4 Austral 8 6 Iff 5 foongSun 8 •SA I 6U ru»M. <Mmm Hanoi* 7 can r Hanjm 3 CMA 8 Humui i A ncVHTR COSCO 5
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    • 20056 39 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number t n u To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 Cote D Ivoire 2 vn 19/12 Norsui norsul
      20,056 words
    • SHIPS IN PORT
      • 653 43 V*m*I Voy No Berth Arrival Departure Empress Li* 699 J07 15/11/6:55 I7/11/7XJO 81*8 4269 1699 JO! 15/11/10:15 15/11/15:00 Swnd Guard 9901 J06 15/11/7:50 I6/H/800 Can M2 IT199 J01 15/11/8:30 16/11/23:59 8t J 1T199 JOI 15/11/8:35 K/n/2359 8t P*| »ur ***** J01 15/11/8:40 15/11/1300 8*m 1 H0T99 J02 15/11/655
        653 words
      • 1891 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From AC1 HlilSCUS 0J1B 17/0 00 14/1500 M/1659 m/1900 2A M/1700 MW 15/0900 21 M/1700 0/0*59 15/0900 I 15/0700 I5M59 15/M00 4 15/1200 Q/M59 15/1700 Aft IVONY Its 17/1-00 M/OOO M/W59
        1,891 words
      • 468 43 Carton 180 Mu 99t2 12 17 J 0.11 79 0.09 Nov T1 Density Water BmWw Ask AHmIiIw SiteiH No alow £25 1 1 11 1 0 0 JET 380 Aw 9843 0J 3X5 0.07 24 OJM Vam 380 Mo 993.4 0.7 «.1 0.12 S4 0.04 W"
        468 words
      • 98 43 Nov 23 Japan: Labour Thankgiving Day. NM2B United States: Thankgiving Day. DMB Italy: Immaculate Conception. Dee 9 Brunei: First Day of Fasting. DM 23 Japan: Emperor's Birthday. Dw 26 Italy: Christmas Day. Brunei: Christmas Day. Australia: Christmas Day. Belgium: Christmas Day. Canada: Christmas Day. Denmark: Christmas Day. France:
        98 words
      • 757 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges In US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        757 words
    • AIR & LAND transport
      • 510 44 Strong US economy, concern over Y2K putting pressure on capacity Reuters [HONGKONG] Airlines expect the last year of the millennium to be a bumper one, buoyed largely by a robust US economy and partly by year--2000 (Y2K) jitters. Cathay Pacific
        Reuters; FILE PHOTO  -  510 words
      • 572 44 DUBAI AIR SHOW More than 500 firms from 36 countries are taking part in the five-day show AFP [DUBAI] Transatlantic rivals Boeing and Airbus Industrie set their sights on hundreds of aircraft sales in the Middle East over the next
        AFP; REUTERS  -  572 words
      • 253 44 [SINGAPORE] The final report on the SilkAir crash in Palembang in Dec 1997 is now expected to be ready only next year. The Ministry of Communications and Information Technology said yesterday that it has learnt from Indonesia's Aircraft Accident Investigation
        253 words
      • 526 44 RECOVHRY OP BGYPTAIR'S VOICE RBCORDBR Reuters [WASHINGTON] US investigators listened to more than 31 minutes of tape from Egypt Air Flight 990's cockpit voice recorder, but said the initial review did not explain the Boeing 767's baffling plunge into the Atlantic
        Reuters; AFP  -  526 words
      • 1558 44 «5T FUBtr n* fuarr n» uisrs kso so» 2355 »■—X GA974 0120 S***** 1650 IH779 2359 MMIt 8*7301 MO U73K 2M JMO W4579 2359 0f81 1930 Of82 2050 MMM 23S9 **8229 2230 Wli SOW 841 S0990 OB H 30 r >l »«03 1910 C2354 0910 MM
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    • 303 31 A two-day, procHcol workshop on Reengineering Supply Chain 9l4.Kik 1 IMS w iTTTj vonronw now; NHyupvii WHO SHOULD ATTEND? Dtrfm md Undrn a nmW mob of CONTINUAL Presidents. Directors, Managers, Analysts, Projeci Managers, IMPROVEMENT MIS/TT Directors and all Professionals who are involved in: KOMWk vvlm to Iki oHhsoto CUSTOMER Mm
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    • 719 31 The Assembly of International Maritime Organisation is holding its its London headquarters from Nov to Assembly was preceded by the 20th extraordinary session of the IMO council on Nov 12. The main tasks of the Assembly will be to elect the new IMO council, approve the work programme and budget,
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    • 928 35 EXPORT I —I jgfe, j* 'SaiaMo Sjiy \w 1 £41? HQ fl/jj j*/] 1 jf/') of/;; I *rf 1 1 IW/ IL 1 Va/VI I W/IH I IR/DI 1 |)/f| Pp/Pl U m\l Qyff j l/B/li 23/11 I 24/11 13/19 I tamm CANOES TO t woel i) WHMI. MBNHBWHI. ■OSCOH
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    • 430 37 JBSA^ M MYANMA FIVE STAR UNE W (Myonmor Notional Lino) Loading for Yangon (Rangoon) VTSS£I vor SIN nu KM KH MONGLA 2IW 21/11 MAWUMYME «7W 30/U MAIAYSIA AGENTS: MUSTEAD SHIPPING AGENCIES KUL m (03)*****00 PKL Til (03)*****01 Kit m (04)2****** PGU: m (07)*****21/4 Ml BANK LINE (A strvk* of Andrew
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  • Page 38 Advertisements
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  • Page 39 Advertisements
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  • Page 43 Advertisements
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