The Business Times, 7 December 1999

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Total Pages: 44
1 44 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 046/12/98 Internet: nttp://business-times.asial .com.sg/ SINGAPORE TUESDAY, DECEMBER 7,1999 85C
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  • 59 1 m (+16.03) MBT-SBI U 86L» (+8.24) PlsmscimoiEs U 313J0 (+4.90) 9T0CX MAIKET INDICES Monday Change KLSE COUP 726.42 +1.75 NIKKEI 1&***** +159.06 HANG SENG l«,l«&a_>a&21 SET INDEX Closed JAKARTA COUP 04J8 *10.90 MANILA OOMP _.1,M04 +4M TAIPEI WP! 1JMM -79M SEOUL COMP 998.11 ***** CLSA CHINA B 7«9.ei
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  • 80 1 FOSEX BATES uss s$ US$ 1.684 £(l'S$/SS per 1.601 1696 El'HO(USS/SS/E) 1.002 1687 DM 1.962 0.863 YEN 102.1 1649* RM 1890 6.443 HKS 7.773 0117 BAHT 38.92 0.043 HUPIAH 7126 0.023* 'St lo Mmmta •Sf to HO touts PUKE BATES SINGAPORE* ft M RPMAUMPUB 7.25 JAKARTA 4M0 BANGKOK 10.80
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  • 558 1  -  I :irf exclusive Tripling of firm's share price since Nov listing a boon for stock option holders By Toh Han Shih [SINGAPORE] The tripling in the share price of newlylisted Internet start-up MediaRing.com has made paper millionaires of about 30 of its full-time employees,
    ARTHUR LEE  -  558 words
  • 705 1  -  ■i ■exclusive A group of investors plans to set np a business incubator there Jennifer Lien [SINGAPORE) Singaporean startups in Silicon Valley will soon get a leg-up, if a plan by a group of entrepreneurs and high-tech investors there to start
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  • 660 1  -  Analysts remain npbeat on economy's recovery; Nikkei index rises 139 pts From, Anthony Rowley in Tokyo DESPITE yesterday's announcement of a worse than expected fall in Japan's real gross domestic product during the third quarter of this year, financial markets decided
    Source: Bloomberg  -  660 words
  • Page 1 Advertisements
    • 154 1 iwnPß Top stories Indonesia to sell 30% of Astra and majority stakes in telecom firms, Next Page Pro Act 21: Third 10-year productivity blueprint for Singapore. Pg 3 Singapore market is Templeton's top choice in Asia Pg 7 Rudy R amli HV7V is "JrH determined to win back Bank Bali.
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  • NEXT page
    • ON THE grapevine
      • 69 2 FINALLY, a wedding banquet at a Seoul hotel. The Hong Leong Group's just completed U*****.5 million (*****.7 million) acquisition of the Seoul Hilton will benefit from a new law allowing wedding banquets and the traditional Korean marriage ceremony to be held in super deluxe
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      • 158 2 CHRISTMAS kudos to the Singapore Trade Development Board (TDB) for being among the first government bodies this year to go electronic with their Christmas cards. Some in the pressroom have been receiving colourful animated Christmas e-cards in their e-mail from their TDB contacts, complete with personalised messages and
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      • 88 2 EX-TCS actress Jamie Lee is now the hottest property at Chesterton International, the property consultancy she joined recently as business development manager. At a recent Redas dinner, executives from just about every property group in town trooped to the Chesterton table to introduce themselves to Ms
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      • 82 2 YOU might have noticed some action in two listed service apartment players Scotts Holdings and Somerset Holdings, controlled respectively by government-linked giants DBS Land and Pidemco. Both are clearly rivals making no hush of their ambition to be leading players in this growing field of real estate. While
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    • 601 2  -  It also plans to divest majority stakes in state telecoms firms Vikram Khanna [SINGAPORE] The Indonesian government will soon sell 30 per cent of the shares of the country's largest car manufacturer, Astra, plus divest majority ownership in state telecommunications firms,
      JEROME MING/ST  -  601 words
    • 420 2  -  Bat bank says it's in no harry and secnritisation deal is bat one option in its strategy By I Siow Li Sen [SINGAPORE] DBS Group Holdings may consider the sale of its Shenton Way headquarters buildings in a securitisation deal as
      420 words
    • 337 2 S'pore carrier may also be source of capital, Kwik says Bloomberg [SINGAPORE] Singapore Airlines, South-east Asia's most profitable airline, could help run PT Garuda Indonesia, the country's flag-carrier, Kwik Kian Gie, Indonesia's senior economy minister, said. "It is very preliminary," he said. "The
      Bloomberg  -  337 words
  • Page 2 Advertisements
    • 35 2 B V LG A R I In IBkt gold with double-face central element in black onyx and coral. From SS 1.200. Available in Singapore at Bvlgari. Hilton Hotel 737 1652 Takashimaya Department Store 735 6689
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  • PRODUCTIVITY action 21
    • 1243 3 Third 10-year blueprint aims to make S'pore one of the world's 10 most productive countries by 2010 A BIG mindset change among workers and companies for the innovation age, and incentives to spur the change these will figure in Singapore's new 10-year national productivity
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  • Page 3 Advertisements
    • 88 3 Blip* r's I E s '-f ~*> <N E s >•. C 2 I I 1 t\ I X if 11 y Life I Lifestvle baume mercier J GENEVE -1830 A v All ABl E At Piaqet #Cl-(WB Nqoe Ann City Tower B 391 Orchard Road Tel 732 6831 Chew
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  • SINGAPORE companies
    • 393 4  -  Acquisition vehicle Hemliner set up last month and is 70% owned by 6IC Realty %< Carol Eng THROUGH their new joint venture set up to pursue service apartment businesses in China, Taiwan and Hongkong, Somerset Holdings and the Government of Singapore Investment Corporation Realty
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    • 195 4 ACMA Ltd yesterday launched a "brains-for-hire" Web site to tap the huge pool of Russian engineers, scientists and researchers who have fallen on hard times with the break-up of the Soviet Union and the decline of the Russian economy. The company, which has substantial interests
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    • 447 4  -  New ISP hopes to sign up 20-30 firms in first year Jennifer Lien SINGAPORE'S fourth Internet access service provider Data One (Dl) will focus its services, which were launched yesterday, on the small and medium enterprise market. Dl, wholly owned by Keppel Telecommunications Transportation
      WANG HUIFEN/ST  -  447 words
    • 346 4  -  $9&2 m purchase from OCBC stable boosts stake to 21% By I Siow Li Sen FRASER and Neave yesterday bought 24 million Times Publishing shares for $96.2 million from the OCBC Bank stable. According to an OCBC Bank spokeswoman, the sale of Times Pub
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    • 340 4  -  By i Carol Eng FOOD company Del Monte Pacific one of the Singapore Exchange's (SGX) 50 largest firms in market capitalisation terms yesterday said it will apply for its for-eign-currency listing to be converted to Singapore dollars following the freeing
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    • 748 4  -  ismaiocksi siow li sen THE rise and rise of DBS Group Holdings share price has taken many by surprise even though it has for many months now been recognised as a must-have stock. A catalyst was DBS' reweighting in the Morgan Stanley
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    • COMPANY Briefs
      • 77 7 Bloomberg MANUFACTURING Integration Technology Ltd (MIT) yesterday closed 11.6 per cent above its initial public offering price of 56 cents at 62.5 cents on its debut. Earlier it hit a high of 70 cents. Volume totalled 44 million shares, making it the day's most active
        Bloomberg  -  77 words
      • 54 7 PANPAC Media.Com Ltd has entered an agreement with National Computer Systems to set up and finance a joint venture company called Chapter-e.com Pte Ltd. The venture will operate a world wide web portal to engage in electronic commerce via the sale of printed books, magazines,
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      • 47 7 CM Telecom International said it is aware of the recent increases in price and trading volume of the company's shares in Hongkong. Its directors confirm that negotiations are ongoing regarding proposed acquisition of the company's shares by independent third parties.
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      • 93 7 L&M Group Investments said it has to date clinched several projects worth HK$39B million (5586.2 million) in Hongkong. This is the first inroad the specialist engineering and construction company has made into heavy foundation engineering works in Hongkong. The company also said it does not
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      • 59 7 BOUSTEAD Singapore said net profit for the six months ended Sep 30 fell 21.6 per cent to $58,000 on the back of a 5.2 per cent rise in sales to $62.9 million. Earnings per share fell to 0.15 cent from 0.22 cent while net tangible
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      • 81 7 HWA Tat Lee Holdings has initiated talks with the Jurong Town Corporation for the return of part of the land at 11 Gul Circle which is in excess of its needs. As a registered lessee, subsidiary HTL Manufacturing Pte Ltd has
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      • 62 7 THE Hong Leong Group said yesterday that it completed its U*****.5 million (*****.3 million) acquisition of the Seoul Hilton on Nov 30, as scheduled. However, the final price adjustment will be made upon the completion of an audit based on the accounts as at Nov 30.
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      • 58 7 Corrections clarifications IT was reported in our article "Transmarco makes $16.5 m provision for Lanka Bell, bottom-line loss $26 million" last Saturday that Transmarco is 65.5 per cent-owned by PT Hanjaya Mandala Sampoerna. Transmarco is, in fact, owned by Miel Investment Corporation which is wholly-owned by Putra Sampoerna in his
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    • 401 7  -  Local stocks are not overvalued from historical viewpoint, says Mobius l¥ Wong Wei Kong SOME investors may think that Singapore stocks are pricey after their run-up this year but not Mark Mobius, a well-known fund manager and president of Templeton Emerging Markets
      SIEW YAW HOONG  -  401 words
    • 319 7 DBS Group Holdings yesterday announced several senior management changes. Lau Chan Sin. DBS Bank's senior managing director, will move to head the group's facilities development and staff communications divisions. In a statement yesterday, the bank said these two functions are increasingly important with DBS' acquisitions in
      319 words
    • 268 7  -  By' Wong Wei Kong RETAIL and property player Metro Holdings and shipping group Cosco Investment have joined the growing list of companies proposing share splits. In separate announcements yesterday, the two firms said they have received exchange approval for their respective
      268 words
    • 415 8  -  IPO of 215 m shares to be launched today priced at between 50-54 cents each If*/. Andrea Tan MAINBOARD-BOUND Kingboard Copper Foil Holdings will be the first foreign firm to list in Singapore dollar after the Monetary Authority of Singapore relaxed its listing
      FILE PHOTO  -  415 words
    • 218 8  -  By, Jeanette Pang CONSTRUCTION and engineering group Econ International has announced a 30.7 per cent increase in net profit for the half year ended Sept 30,1999. It made $3.63 million, up from $2.78 million in the previous half-year, despite a 15.2
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  • Page 4 Advertisements
    • 104 4 .-**~*r .»> ,'L v-V" •<■ l >-*•" J**'-" 11 '**>-'V -J _v ~v" v > v '<-»: Is jjH' gHpl iSH HHM!R|mb 3 > Bft I HHI' iS HHi 19 \Hr SB fi|f|t i' fjrajpjjj BSmlk J J/ttfl 'litjaHMa KjßiS&f 'V^^SS Hhl Ki h P JHIH w H-r" !H HB3B|
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  • Page 5 Advertisements
    • 91 5 JSL Blanc paiN SINCE 1735 THERE HAS NEVER BEEN A QUARTZ BLANCPAIN WATCH. AND THERE NEVER WILL BE. power The the crown Cortina Watch Centre EXCLUSIVELY AVAILABLE AT: SINGAPORE: Cortina Watch Centre Pte Ltd Raffles City #01-36 Tel: *****85 Lucky Plaza #01-32 Tel: *****68 Millenia Walk #01-63/64 Tel: *****28 Paragon
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  • SINGAPORE markets
    • 537 6  -  -id comment STOCKS ven sreenivasan THE Straits Times Index surged to a new high on the back of a narrow band of blue chips yesterday, while the broader market drifted sideways as traders and retail players evaluated the impact of recently announced measures
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    • 196 6  -  WARRANT WATCH By' Ven Sreenivasan THE US dollar-quoted CM Telecom which is listed in both Singapore and Hongkong was the second most active counter on the local bourse yesterday, gaining six US cents to a five-month high of 61
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    • 253 6  -  HOT STOCK By Wong Wei Kong JIT Holdings yesterday rewarded investors who kept faith with the stock when it finished at a new high and was among the session's biggest gainers. The stock rose 10 cents, or 2.6 per cent, to close at
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    • 144 6 Tuesday, Deo 7 Singapore ♦Cable Satellite Asia '99 opening. Till Dec 10. Venue: Singapore i International Convention and Exhibition Centre, Suntec City ♦11am. Dragon Land, first Singapore developer to tap the potential of the housing market in Shenyang city, PRC. Venue: Singapore Marriot Hotel ♦llam. Fedex media
      144 words
    • 469 6  -  I :j i comment CURRENCIES Greenback retreats from 551.6850-80 resistance to end at 551.6821 larry wee THE US dollar failed to make much of an impression in Asian trading yesterday, despite a combination of new highs in two major
      469 words
    • 476 6 Stocks Volums MIT 10c 44,299,000 CM Telecom HK75c 20,731,000 Econ WtOO 11.574,000 PanpacMediaCom 5c 11,061,000 MediaRinglOc 10,913,000 Asia Food&Prop US$ 10.226,000 *TanChonglnt50c 9.969,000 SingTel 15c 9,859,000 Golden Agn US10c 8,728,000 *Genting Int 6,407,000 Stocks DBS Grp 51,176,430 SIA 34.904,504 SingTel 15c 32,133,660 MIT 10c 27,731,075 OCBC 27,478,688 SPH 25,215,628 Parkway
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  • Page 6 Advertisements
    • 57 6 where else could you find a suite* this inexpensive? Ss72++ Batam •one hedmom suite- offer valid to April 1, 2000 I 10% service charge and 11% government tax JO 0 0 11 T S 6 I J Reservations Centre in Singapore 1800 787 1221, Malaysia 1800 801 881, Indonesia 001
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    • 25 6 To make money from the market you need the best ideas. Get some, by signing up with DBS Investor Online at 323-3955. gj DBS BANK
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  • Page 7 Advertisements
    • 68 7 To many Singaporeans, Catherine Urn's somewhat flamboyant style is immediately familiar. Overseas, however, it may be only her literary style that's as well known. Which is why Catherine carries the American Express Card. So now from the book fairs of Bologna, to writer's week in New York she's assured of
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  • Page 8 Advertisements
    • 773 8 ECON 0 ECON INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 1999 THE GROUP THE COMPANY 1999 1998 1999 1998 SS'OOO SS'OOO Chang* Ss'ooo SS'OOO Change TURNOVER 179,359 211,577 -15.2% Operating proflt/(loss) before Investment and interest income, interest expenses, depreciation/amortisation,
      773 words
    • 389 8 w^mmmmnmmu Collective Sale of Bukit Umah Mansion Prime Freehold Residential Site LJ I ZD I Bukk Tbnah /r Prime Freehold Site area: 1,940.6 sqm Residential Site (20,888 sq ft) 100% Consensus Plot ratio: 2.1, 20 storeys For Sale By Tender Closing: Friday, 17 December 1999,3 pm m a H SILOn&nnH
      389 words

  • STARHUB offer
    • 776 9  -  Its move will posh rival ISPs into cutting prices, analysts say Reports Teh Hooi Ling STARHUB'S free Internet services launched over the weekend will pressure other Internet service providers (ISPs) in Singapore into lowering their prices, analysts said. And if
      776 words
    • 420 9  -  ISP to bank on ads and e-commerce for revenues By, Andrew Wee INTERNET service provider Star Hub Internet (SI) had signed up 38,000 subscribers for its surf-for-free Internet access programme as of Sunday evening and plans to generate the bulk of
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    • 245 9 THE Infocomm Development Authority of Singapore (IDA) said yesterday it does not control the prices set by Internet access service providers (lASPs) as the market is a fully liberalised one. "The IDA would only be concerned if a public basic telecommunication service (PBTS)
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  • Page 9 Advertisements

  • SINGAPORE news
    • 276 10  -  ■■=S73oh the economy wholesale prices By. Audrey Tan PRICKS of Singapore exports rose 6.9 per cent in October from a year ago, thanks to increased demand for petroleum products such as high speed diesel fuel. Latest figures from the Department of Statistics show
      Source: Dept of Statistics  -  276 words
    • 497 10  -  Breakeven cost for new condo on the freehold site works ont to $1,500 psf Ity Kalpana Rashiwala THE long-awaited collective sale of Grange Garden has finally taken off, and its owners expect more than $80 million for the prime freehold
      SIEW YAW HOONG  -  497 words
    • 446 10 Move to raise production of bisphenol-A here to 140,000 tons a year Bloomberg MITSUI Chemicals Inc, Japan's fourth-largest chemicals company by sales, said it plans to spend up to $80 million to double capacity of a Singapore plant and meet
      Bloomberg  -  446 words
    • 123 10 THE Public Utilities Act has been amended to further prevent damage to underground electricity cables. Such damages can cause power supply voltage reductions, leading to adverse effects on the operations of high-technology companies dependent on highquality electricity supply. Under the newly introduced Section 95A
      123 words
    • 355 10 Plain English replacing legal, technical terms THE move to use plain English in life insurance contracts stripped of legal and technical jargon may be gaining momentum in Singapore. Come January, Great Eastern Life will use plain English to make it easier for the layman to
      355 words
    • 201 10  -  nan.iiAfl Y Woozeer Singapore IN a circular dated Nov 22,1999, GP Batteries announced some of its enhancement plans for its employees (through the 1999 share option scheme) and shareholders (through the proposed share buyback scheme). But to give full effect to its intentions, GP Batteries
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    • 151 10  -  Cheng Shoong Tat Senior vice-president Pontiac Marina Pte Ltd Singapore WE refer to the article headlined "Cartier has new store under wraps", which appeared on page 7 of yesterday's Business Times. You reported in the article that Cartier moved "earlier this year to close down a
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    • 60 10  -  Denis Distant Singapore via Internet YESTERDAY, both Metro and Cosco posted their announcements of 5-for-l stock splits on the Singapore Exchange's (SGX) Web site; trading in Metro shares was still suspended after the news was out but Cosco shares and warrants were not suspended. Could the SGX
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    • 245 10 THE Singapore Broadcasting Authority (SBA) will put up a Singapore section at the sixth MIP Asia, a five-day trade show focusing on TV content that starts today at Suntec City. The 162 sq m Singapore Pavilion, with strong support from the
      245 words
  • Page 10 Advertisements
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    • 2 10 E-mail: btletter@sph.com.sg
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  • FOCUS property
    • 514 11 Two brothers offer a bespoke service for beleaguered property buyers FT WOULDN'T you give an arm and a leg to be able to order a central London apartment the way you would a home delivery from the Dean Deluca deli? "I want two bedrooms
      FT  -  514 words
  • Page 11 Advertisements
    • 262 11 CB Richard Ellis Investment Dl 5 RESIDENTIAL SITE FOR SALE BY TENDER PROPERTY DESCRIPTION Viewpoint r n »rlnenvironment close Condominium to CBD orchard Sea LOCATION skyline view. Near 51 Meyer Road shopping LAND AREA fac 'l |ties and 9° od schools. Next to KatongPark Investment Freehold Sales PLANNING 224-8181 parameters
      262 words
    • 509 11 Two Adjoining Freehold Residentiel Sites et St Thomas Walk/River Valley Roed i, i, A-Chez Bright Apartments fI4S *11 1- j r—^S\ y T Jjß J J H■ I |j ynJ»4J 0t Rati 2 8 up to Storey l|J Close proximity to Orchard/Scotts J> m '11-lfi 2 is waking distance to
      509 words
    • 227 11 Prime Freehold Sites For Sale Truly outstanding opportunities to acquire sites of distinction. Among the best Collective Sales in their category. SUPERB SITE OFF SCOTTS ROAD Existing development (44 units) Land area 25,083 sq ft \S rst 2 °P to 30 storeys Opposite Anglo-Chinese Junior School and TCt? TC:r b^et
      227 words

  • EDITORIAL & opinion
    • 766 12  - What's so good about cult of the consumer Bi;l=l 1 bottom line OPINION anthony rowley The writer is BT's Tokyo correspondent THERE are no exceptions to the rule that nothing in life is free, and the freedom to trade internationally often has to be bought at a heavy cost to
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    • 123 12 'I would not only reappoint Mr Greenspan. If he should die, God forbid... I'd prop him up and put a pair of dark glasses on him.' -John McCain Arizona Senator, on whether he would reappoint the Federal Reserve governor if he were elected president. This is another
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    • 620 12 EDITORIAL IN the sony wake of the World Trade Organization's shambles in Seattle, it's encouraging to realise that a far less ambitious meeting held a week earlier looks set to produce the goods for its member-states. Leaders of the Association of South-east Asian Nations (Asean) had
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    • 1214 12  -  Political and trade tensions aren't going away. If anything, they are increasing By Walter Russel Mead The writer is the author of 'Mortal Splendor!\he American Empire in Transition' LAT-WP LAST month, the Clinton White House was frantically trying to drag G-7
      LAT-WP; FILE PHOTO  -  1,214 words
    • 945 12 Clinton's finest hour USING e-mail and the Internet, "strangebedfellows.com" has globalised the resistance to mindless globalisation. In Seattle, it organised effectively to stop the handover of US power to demand human rights and labour standards from nations dependent on our rich market. In the midst of
      945 words

  • MALAYSIA news
    • 683 13  -  Market talk stays focused on final line-np; companies linked to Daim and ftagaiAigh weaken hYom. Ruth Wong in Kuala Lumpur SPECULATION over the final lineup of the new Malaysian Cabinet, expected to be announced this week, has sparked off active trades in selected,
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    • MARKET moves
      • 134 13 PSC Industries, part of businessman Amin Shah's business empire, picked up 3.50 Malaysian ringgit, or 24 per cent, to close at RMIB yesterday, following the group's new joint venture agreements signed over the weekend at the Langkawi International Maritime and Aviation exhibition. Of
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      • 79 13  -  Compiled by Diana Oon Abdullah NATIONAL car-maker Proton rose 4 per cent or 25 sen to RM6.75 yesterday, on the back of growing talk that DRB-Hicom's sale of its stake in the company to Petronas is coming close to a conclusion. The deal, which will involve
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    • 206 13 KUALA LUMPUR Joint venture will snpply raw water to Zimbabwe cities ANOTHER Malaysian company is making inroads into the African continent. This time around, the Petra group, under the helm of Vinod Sekhar, has teamed up with Zimmal Holdings Pte Ltd (ZHPT) for a
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    • 345 13 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad yesterday met party leaders in his ruling coalition to discuss the formation of a new Cabinet after his election victory, Bernama news agency reported. Ling Liong Sik, president of the Malaysian Chinese Association
      AFP  -  345 words
    • 247 13 KUALA LUMPUR AFX-Asia MULTI-Purpose Holdings Bhd (MPHB) has received the Securities Commission's conditional approval for its proposed restructuring exercise which also involves Kamunting Corp Bhd and Malaysian Plantations Bhd. Multi-Purpose said in a statement to the Kuala Lumpur Stock Exchange the Securities Commission
      AFX-Asia  -  247 words
  • Page 13 Advertisements
    • 115 13 I- Busy Executive Lunch: [-Jazz Sunday Brunch: -Jlmmmm* Chicken Schnitzel. Pork Knuckles. Nuremberg Sausages. Hungarian Goulash. Apple Strudel and more. Garlic Bratwursl. free-now beer and even more. Singapore's days of belt-tightening are over. 0 1 With prices like $14.50+++ for weekday lunch and $38+++ f° r Sunday brunch (including free
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    • 231 13 Great teams all use coaches to build their success, correct their mistakes and devise winning Wp strategies At Business Thinking Systems we will empower you to apply this to the business world John Uxmos Managing Director and Founder Business Thinking Systems Business Thinking Systems is an acclaimed planning and team
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  • MALAYSIA news
    • 557 14 DAP forms panel to study all new PAS laws; Gerakan, MCA also up in arms AFP [KUALA LUMPUR] Malaysian Chinesedominated parties from both ruling and opposition camps warned Parti Islam SeMalaysia (PAS) yesterday to scrap plans for a special tax on non-Muslims in
      AFP; FILE PHOTO  -  557 words
    • 506 14 KUALA LUMPUR [KUALA LUMPUR] A veteran of the fast food industry, George Ting, who once caused a furore when he suddenly left KFC Holdings Bhd, is now back with the company, The Star reported. Mr Ting is doing it through CI Holdings
      506 words
    • 153 14 KUALA LUMPUR Reuters ROAD Builder (Malaysia) Holdings Bhd said yesterday it is confident of getting 100 million Malaysian ringgit (5544.3 million) in pretax profit for the year ended June 30, 2000, up from RM82.76 million in 1999. "For the first quarter we are
      Reuters  -  153 words
    • MALAYSIA Briefs
      • 54 14 AFX-Asia [KUALA LUMPUR] The new self-assessment tax system will begin in phases from 2001, Bernama news agency quoted First Finance Minister Daim Zainuddin as saying. It will start with companies in 2001, to be followed by businesses, partnerships and cooperatives in 2002 and salaried
        AFX-Asia  -  54 words
      • 49 14 Reuters [KUALA LUMPUR] Malaysia's Securities Commission said yesterday it would set up a command centre to manage Y2K issues during the rollover to the next millennium. The SC said this was a precautionary move as it did not expect any disruptions. Reuters
        Reuters  -  49 words
      • 38 14 Reuters [KUALA LUMPUR] AIG Investment Corp (Asia) Ltd, an investment arm of American International Group, has bought 10 per cent of Malaysian timber company WTK Holdings Bhd, Bernama reported. Reuters
        Reuters  -  38 words
  • Page 14 Advertisements
    • 150 14 Invented fo Conceived by Breguet in 1780, A A the automatic movment featured m x\ Breguet watch hs Today the craftsman's hand SjM sibility; it comes to complemnet the *****16 of Abraham-L 1 will recognise it 1 L »u ml "Breguet" hands, The celebrated pomme hands mm in blued steel
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  • SOUTH east asia
    • 190 15 MANILA AFX-Asia THE stock exchange has tightened its surveillance of the market to ensure existing rules are fully complied with, exchange vice-president for business development and business group Jose Fernando Alcantara said. In a statement, he said the exchange has set up
      AFX-Asia  -  190 words
    • 554 15 MANILA Price expected to be below book v&lne due to non-performing loans Bloomberg METROPOLITAN Bank Trust Co, the nation's largest bank by assets, said its Philippine Savings Bank unit will buy 100 per cent of Asianßank Corp from the Soriano and Del Rosario families
      Bloomberg  -  554 words
    • 261 15 HONGKONG Thai developer has asked it to co-build long-delayed Bangkok transit system Bloomberg HOPEWELL Holdings Ltd, which invests in roads and real estate, confirmed a report that Tanayong Co, a Thai property developer, asked it to jointly build the long-delayed Bangkok Elevated Road and Train
      Bloomberg; FILE PHOTO  -  261 words
    • 300 15 MANILA Bloomberg MONDRAGON International Philippines Inc has raised the stakes in its battle for control of a hotel and golf resort at a former US Air Force base, accusing the government of brutality when authorities seized the complex for unpaid bills. Mondragon said police used
      Bloomberg  -  300 words
    • 674 16 PBOPLB Bank's former head elaims he ha* evidence of irregularities in its July takeover Reuters [JAKARTA] Rudy Ramli, former head of Indonesia's scandal-hit Bank Bali, is a man with a mission he is convinced the bank his family founded was unfairly taken
      Reuters; FILE PHOTO  -  674 words
    • 148 16 JAKARTA Reuters INDONESIA'S central Bank Indonesia (BI) is investigating 20 firms that may have received loans in November 1997 which breached banking regulations, the official Antara news agency reported. Deputy Governor Achyar Ilyas was quoted as saying the firms had received loans with pre-shipment
      Reuters  -  148 words
    • 318 16 HANOI Central bank governor to step down to focus on other responsibilities AFP VIETNAMESE Prime Minister Phan Van Khai has sought approval for the sacking of a deputy prime minister suspected of graft and corruption, an assembly official said yesterday. Mr
      AFP  -  318 words
    • NOTE Book
      • 65 16 Reuters [JAKARTA] Indonesia will reopen the corruption case against former President Suharto after new information against him came to light, Attorney-General Marzuki Darusman said yesterday. He said investigations by the Attorney-General's Office had discovered fresh information suggesting Mr Suharto had misused his power to
        Reuters  -  65 words
      • 83 16 Bloomberg [JAKARTA] The Indonesian government plans to seek approval from foreign creditors to reschedule US$l.B billion (552.7 billion) in principal payments craning due before next March as part of efforts to reduce its debt burden. The country expects to pay out 22 trillion rupiah (515.1
        Bloomberg  -  83 words
      • 69 16 Reuters [JAKARTA] Police in Bali were hunting for scores of prisoners still on the run yesterday after 280 inmates broke out of a jail near one of the island's most popular tourist areas, the Jakarta Post said. The newspaper said 104 escapees had been
        Reuters  -  69 words
      • 44 16 AFP [BANGKOK] Hundreds of people have been evacuated from their homes after a tropical depression slammed into southern Thailand, sparking flaoh floods, nffirtaia said yesterday. Around 113,000 people were affected by the storm which swept ashore on Saturday night —AFP
        AFP  -  44 words
      • 46 16 AFP [JAKARTA] The Indonesian banking sector recorded a combined operating loss 0f52.09 trillion rupiah (5112.1 billion) in the 10 months to October compared to a loss at 177.02 trillion rupiah for calendar 1998, Finance Minister Bambang Sudibyo said yesterday. AFP
        AFP  -  46 words
  • Page 15 Advertisements
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  • Page 16 Advertisements
    • 278 16 r, introducing the thinkpad 570 mj&je) V iIW y here's how it works. just slip the new, ultralight, pentium*|J superthin thinkpad 570 into an ultrabase and it transforms into a flexible jjk multimedia desktop. 11 a desktop that's mobile 11 y enough to take with you f f n as
      278 words

  • EAST asia
    • 432 17 HONGKONG But domestic investors need to be educated for market to fulfill its potential Reuters A HUGE US$4 billion (556.7 billion) worth of Asian asset securitisation deals is expected to be finalised next year, even though many barriers remain to developing
      Reuters  -  432 words
    • 208 17 TAIPEI Bloomberg TAIWAN'S state-owned Chinese Petroleum Corporation (CPC) signed a letter of intent with Chiayi county government, bringing it a step closer to construction of its proposed NT$6OO billion (Ss32 billion) naphtha cracker complex. The signing earmarked Chiayi county's Putai industrial park as the site
      Bloomberg  -  208 words
    • 391 17 TOKYO Move to reduce reliance on US market Reuters JAPAN'S high-flying Internet investment company Softbank Corp said yesterday it plans to set up new funds to invest in Chinese firms, and said it expects China to become the biggest
      Reuters  -  391 words
    • 354 17 HONGKONG Reuters CHINADOTCOM Corp said yesterday it had about US$l25 million (Ss2lo million) in cash on hand and that its shareholders at a special meeting approved a two-for-one stock split. Chief executive officer Peter Yip told a news conference the stock split would have
      Reuters; AFP  -  354 words
  • Page 17 Advertisements
    • 50 17 I I sV>> M hi m I I 4 1 pr laPlfg "3 '***** n I Jgg Who will you be in the ne x t 2 4 holl r s j 2 jS s; *n in I s I Ij^^B ''V f* W\9 \'<*''p €3 v. I W ~*^k
      50 words

  • SOUTH asia
    • 345 18 llgWEflfll economic summit NEW DELHI New govt's reform programme on track bat more needs to be done, says WEF Reuters INDIA'S new government has made a good start by pushing through key economic reforms, but the burgeoning fiscal deficit must be checked to
      Reuters  -  345 words
    • 354 18 NEW DELHI India's wasteful, erratic power supply a barrier, says Enron chief AFP INDIAN Power Minister R Kumaramangalam urged foreign investors yesterday to take a long-term view on India, as he appealed for capital to help build the power base needed for sustained
      AFP  -  354 words
    • 515 18 ISLAMABAD AFP WITH less than a month to go Pakistan still faces a potentially serious threat from the millennium computer bug, with question marks over airports, hospitals and a major power firm. Just a year ago Islamabad set up a task force to
      AFP  -  515 words
    • ASIA Notes
      • 58 18 Reuters [DHAKA] An opposition-led general strike gripped Bangladesh for a second day yesterday, largely crippling communications and business across the country. Ministers and high officials moved with police escorts or stayed in their offices over night Some ventured out on foot, but the capital
        Reuters  -  58 words
      • 61 18 Bloomberg [NEW DELHI] Ashok Leyland Ltd, India's second-biggest truck maker, plans to unveil new models of medium capacity trucks in the middle of next year to boost sales. The company will introduce trucks with a capacity of between 10 tons and 20 tons, said
        Bloomberg  -  61 words
      • 69 18 Reuters [ISLAMABAD] Pakistan's Supreme Court said yesterday that it will start hearing a constitutional petition next month against the army coup that toppled the government of former prime minister Nawaz Sharif in October. Mr Sharif s Pakistan Muslim League party filed the petition before
        Reuters  -  69 words
  • Page 18 Advertisements

  • FOCUS e-commerce
    • 2016 19  -  Toil and trouble dogged the virus buster who founded Trend Micro, but yiHRAMKHAmiA finds out how it has all paid oft literally VIKRAM KHANNA TEN years ago, Steve Chang had US$2,OOO left in his savings account and could not afford to pay his engineers' salaries. Today,
      CHRIS LOH  -  2,016 words
  • Page 19 Advertisements
    • 34 19 FREEHOLD 21-Unit En bloc Sale t* Almost fully tenanted H ft Attractive Investment return Strategic location surrounded by amenities and ready workforce Easy access to PIE, CBD Attached toilets for all units G&ii\*2&k&422 *****00
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    • 250 19 Manchester Business School The University of Manchester an d University of Wales, Bangor School of Accounting. Banking and Economics Distance Learning MBA You are already making a success of your working life. You may be a financial manager, a specialist or you might be a general manager who needs financial
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      116 words

  • WORLD news
    • 767 20 ■LONDON Survey of Europe's richest shows 26 of 166 hfltionaires are retailers Reuters, AFP THE most popular way to become a billionaire in Europe is as a shopkeeper a male one. Among the continent's 165 billionaires, 26 are retailers, and of the 400
      Reuters,; AFP; Source: EuroBusiness magazine  -  767 words
    • 328 20 TOKYO Central bank rapped for confusion over monetary policy AFP FORMER vice-finance minister Eisuke Sakakibara reportedly denounced the Bank of Japan yesterday for confusion in its monetary policy and called on the central bank's governor to resign. "If there is no policy change, don't
      AFP; FILE PHOTO  -  328 words
    • 276 20 SEOUL Bloomberg KOREA Development Bank on Sunday failed to sell its remaining stake in Pohang Iron Steel Co after potential bidders agreed to buy only 15.5 per cent of shares on offer in the world's largest steelmaker. Kyung Chae Jung, head
      Bloomberg  -  276 words
    • 487 21 NEW YORK He says that strong growth and inflation concerns still worry the Fed Reuters FEDERAL Reserve governor Edward Kelley said US growth is "very strong", and while no central banker wants to tighten credit on the eve of the year
      Reuters  -  487 words
    • 226 21 LONDON Bank of Scotland, Royal Bank of Scotland rejected Bloomberg NATIONAL Westminster Bank pic, the target in Britain's largest banking takeover battle, said it rejected hostile offers from Bank of Scotland pic and Royal Bank of Scotland Group pic during separate meetings with their
      Bloomberg  -  226 words
    • 39 21 [NEW YORK] Actors Heather Graham and Samuel L Jackson presenting the Womenswear Designer of the Year Award to Tom Ford (right) of Gucci at the 1999 VHI- Vogue Fashion Awards on Sunday in New York. AFP
      AFP  -  39 words
    • 269 21 ARMONK, New York The 'Blue Gene' will be two million times faster than a PC Bloomberg INTERNATIONAL Business Machines Corp said it will spend US$lOO million (Ssl6B million) to develop a supercomputer that is 500 times faster than current models. The "Blue Gene" computer
      Bloomberg  -  269 words
    • 403 21 LONDON Reuters RUPERT Murdoch's BSkyß made a long-awaited breakthrough into Europe's biggest television market yesterday when it agreed to take a 24 per cent stake in Germany's KirchPayTV for 2.9 billion Deutschemarks (552.5 billion). KirchPayTV operates the major subscription television
      Reuters  -  403 words
    • 270 21 NEW YORK Sale could raise up to USslob and may be largest IPO Bloomberg AT&T Corp, the largest US telephone company, said it will separate its wireless business and sell shares in the fast-growing unit to the public next year, in what may
      Bloomberg  -  270 words
    • WORLD Watch
      • 72 21 Bloomberg [BERLIN] German manufacturers' orders rose for the fourth time in five months in October, suggesting companies in Europe's largest economy will step up production and hiring in the months ahead. Factory orders rose 3.2 per cent from September, triple analysts' forecasts, the
        Bloomberg  -  72 words
      • 79 21 AFP [BRUSSELS] The unemployment rate In the 11-country euro zone fell to 9.9 per cent in October, the first time since December 1992 that it has been below 10 per cent, data published by Eurostat yesterday showed. The euro zone's jobless rate stood
        AFP  -  79 words
      • 57 21 Reuters [ZURICH] Swiss pharmaceuticals group Roche Holding yesterday said it planned to spin off its fragrances and flavours division into a new company called Givaudan which could be worth some US$4 billion (556.7 billion). Roche said the split would allow it to position itself
        Reuters  -  57 words
      • 72 21 AFP [MONACO] The American nurse of Edmond Safra, the banker who died in mysterious circumstances in a fire at his Monaco penthouse after an alleged attack by armed intruders, has been detained, investigators said yesterday. Ted Maher, 31, was taken into custody overnight on Sunday after
        AFP  -  72 words
    • 327 21 LONDON Bloomberg Reuters GOLD dropped more than 2 per cent to a two-month low yesterday after the Dutch central bank said it will sell 300 tonnes over the next five years, marking its third sale in less than a decade. The announcement comes
      Bloomberg; Reuters  -  327 words
  • Page 20 Advertisements
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  • Page 21 Advertisements
    • 963 21 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 J COIN TECH ENTERPRISE PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY given pursuontto Section 308 (2|oftheCompomesAct. Cap. SOthot the Final Meeting of Members of *>• abovenamed Compony will be held of Block 809 FRENCH ROAD #05-168 SINGAPORE
      963 words

  • FINANCE & commodities
    • 238 22  -  SGX Derivatives TradingReports MSCI Singapore Index Daphne Tay, Jardine Fleming RIDING on the stunning gains on Wall Street on Friday, the Singapore stock market ended on a firm footing yesterday with gains in DBS Group leading the pack. DBS surged 4.33 per cent, boosted
      238 words
    • 119 22  -  MSCI Taiwan Moras Matthew DenBleyker Refco Singapore SGX MSCI Taiwan Stock Index Futures yesterday lost 4.7 points, or 1.29 per cent, to 360.6 while the TWSE Index declined 70.03 points, or 0.88 per cent, to 7,894.46. Electronics shares such as Acer, TSMC and Asustek
      119 words
    • 303 22 ENERGY REPORT Reuters [LONDON] Oil prices charged higher yesterday after Iraq made it clear that a dispute with the United Nations would keep its crude exports off the market for at least another week. Prices got a further fillip as Saudi Oil
      Reuters  -  303 words
    • 341 22 Reuters New York EUROPE'S single currency soared as a brisk rally gathered force in early US trade yesterday, extending steep overnight gains against the US dollar and yen on the back of friendly economic data. Waves of short covering and speculative buying whisked the euro to a 1
      Reuters  -  341 words
    • Article, Illustration
      1227 22 DITERBAMI CROSS RATES Pet 6 AS C$ gwt Euro Fft Pw HKS Ind»»Buot* Yen Won BM W2$ Pa* Ht P*so S$ Bawd Sfr WT$ BUt Pound US$ Australia 0.936 6.178 0.631 4.140 1.235 4.917 27.465 45.698 0.646 7.274 2.404 1.254 32.792 25.815 1.065 3.893 1.*****.000 24.614 0.395 0.633 Canada 1.068
      1,227 words
    • 1866 22 SICOM FUTURES Dec 6 RUBBER (futures closing as it 5.30pm) RSS1 CONTRACTU cents/*) CiOM VolMM Open Month Hkjh Low S*t (towws) teUrtrt Jan 00 niOO Feb 00 1M.50 100 Mar 00 1T7.00 100 Apf/Jun 00 123.00 RSS 3 CONTRACT (US centsft) Volum Open Month Hkjh Low Sott (tomes) Interest Jan
      1,866 words

  • STOCKS east asia
    • 2851 23 HONGKONG AFP, Reuters Hang Seng +32&21 HONGKONG share prices rose 2.1 per cent yesterday, regaining the 16.000 level on continued overseas buying on the back of Friday's gains on Wall Street, dealers said. "We are getting overseas money coming in. The flow continues
      AFP,; Reuters  -  2,851 words
    • Article, Illustration
      1043 23 Reuters Shenzhen B Index -0.78 SHENZHEN'S hard currency B shares closed down in thin trade yesterday, following the domestic A share market lower, brokers said. The B share index fell 0.78 point, or 0.95 per cent, to 81.73 as turnover dropped slightly to HK513.29 million from HK513.82 million on
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,043 words
    • 351 23 AFP wp Index -70.03 TAIWAN share prices closed 0.9 per cent lower yesterday on selling in the financial sector, dealers said. The Taiwan Stock Kxchange Weighted Price Index lost 70.03 points to 7,894.16 on turnover of NTsl 19.81 billion. Falls led rises 303 to 169. "Investors are disappointed by
      AFP  -  351 words
    • 2068 23 TOKYO AFP Q Nikkei 225 +139.06 SHARE prices in Tokyo closed 0.8 per cent higher yesterday as investors, undaunted by a contraction in Japan's gross domestic product, chased gains in high-tech issues, brokers said. The Tokyo Stock Exchange's Nikkei 225 index rose 139.06 points to 18,507.2.
      AFP  -  2,068 words
  • Page 23 Advertisements
    • 80 23 Phillip Wain gift vouchers. 31l dividends 03 nbe S Christmas.give your loved one the only treat she'll want II bo spoilt choice auiur luxurious and w measured in dollars and ™7d 8 d c^U£o olo o Jjß voucher will be delivered to the IHlllllp WBIB MfAltN ICAVIT WM. address of
      80 words

  • STOCKS klse
    • 8399 24 INDUSTRIALS CofisiMWf products 1999 Last Vol Day Nat Cap Hlqh Low Company Sal* 000 Hlqh Lm PC Smtl 440 255 Ajinomoto 300 unch I 300 300 19.0 121.6 174 46 Anqkasa 87 2 10 87 86 5 128.3 404 220 Apollo Food Hlg 320 unch 3 320 320 7.6 128.0
      8,399 words
    • 430 24 AFP. AFX-Asia 1 Composite Index +1.79 MALAYSIAN share prices closed 0.2 per cent higher yesterday on light buying support after last week's steep losses, dealers said. The Kuala Lumpur Stock Exchange Composite Index finished at 726.42 points, up 1.79 points from Friday's close.
      AFP.; AFX-Asia  -  430 words
  • Page 24 Advertisements

  • SGX clob & regional stocks
    • 3222 25 BONDS WARRANTS m )tt »rn»« I"*1 u rn** LMt il Day LastOwM Case liar CmM MM n** Lew Mm *~r"T Hi <«■ r*Mt M# In hp Utm ggjOMfc W» WW >■*!» U» 104 105 s 3160 *AcerW*****1USS 40 unch IS 40 40 40 40.5 33' '56 75 2 80 '9
      3,222 words
    • 277 25 AFP Manila -*4.04 PHILIPPINE share prices closed 0.2 per cent higher yesterday due to selective buying of speculative issues, analysts said. The Philippine Stock Exchange Composite Index rose 4.04 points to 1,940.94. Volume was 26.9 billion shares worth 3.18 billion pesos. —AFP 0«6 *«> (000) MRC Allied 0.72 O.OI
      AFP  -  277 words
    • Article, Illustration
      689 25 AFP n Composite Index ♦10J INDONESIAN share prices closed 1.7 per cent higher yesterday on the largely peaceful celebration by separatist rebels in Aceh of their movement's anniversary and news that the government would divest from telecommunications firms, dealers said. A dealer with a European brokerage said the market
      AFP  -  689 words
    • 273 25 AFP Q Wellington ♦2174 NEW Zealand stocks yesterday were up 1.4 per cent. The benchmark NZSE-40 Capital Index rose 29.74 points to close at 2,146.89 points. Turnover totalled NZ599.4 million. Telecom was up 21 cents at NZ$B.75. AFP Ok* H COOO) Advantage HDS 3.43 0.13 212 Air NZ A
      AFP  -  273 words
    • 599 25 -AFP n All Ordinaries +4GJ> AUSTRALIAN shares surged 1.5 per cent yesterday to within 10 points of their all-time record on the back of a reinvigorated Wall Street, brokers said. By the close, the All Ordinaries Index stood 46.5 points stronger at 3,133.30. The All Industrials rose 98.9 points
      -AFP  -  599 words
    • 311 25 AFP Q Composite Index +31-52 THE Korea Stock Exchange Composite Index yesterday closed up 31.52 points at 998.11. Volume was 255.9 million shares worth 3.9 trillion won. AFP DK 6 AnamScmi ***** -300 Br«m T*cl» 2010 -40 Contrtt Bank 2630 40 Ch*» Camm *****0 3000 OMGuBank... 3530 -150 D*es*ng
      AFP  -  311 words
  • Page 25 Advertisements
    • 119 25 2 M f Al The lucky few are those who believe that the a tL m thought is as precious as the gift. Kow more I As the season by, for a lucky ew the moments I 11HH' Q MONT Montblanc Boutique Singapore: Ngee Ann City #01-34, Raffles City HOl-37A,
      119 words


  • Page 27 Advertisements
    • 171 27 lin j* Diners ebb Diners Club Credit Card jmam*M WllCrC tO Wine, dine <ffl(l enlerTHlll*• InternationaT .off er j n g the lowest interest rate in town 454. 60 Dishes DELUXE FEAST J. ijßuild your appetite to <i hiq Christmas feast with our I± y Pre-K mas, Luncheon Promotion. v
      171 words
    • 62 27 V *>• V?.\,|,>\ 1 $j§ji§ mm HOTEL GRAND CENTRAL UMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 T«t*****44Ext400/02 Fax *****79 I^—^ I New Italian Caff 6 I Authentic Italian Pasta, focaccia Caffe i ft hh3 IsHIiSIBSS!M?Swt amnmi I 72 Anson Road, #01-01 Anson House I Singapore *****1 I lei Fax 557
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    • 125 27 Festive Promotions! At Congress and Joaqulm injoy iwu^vQ^frv fnenul $B down to on wtffi n iiiii n (iriurfl fnr an iinror^vnQnppiißS Newman Dor JJ| 1. tflghTM $20J0 .-3I.HW>TMCMIiKe Muter 930.90 Dfc»wrf*> JO (<»«** (compL toft drtnkf) je|§ softdrtnW) •fcctnowrtW Sapper BuflMtlMO (fordmntronfy) r w Ztt£Z> Rsfs^*"*^-* l i WwwrmaO ,2^-i?
      125 words
    • 89 27 ii i Weekday Special Lunch Menu Y i $4.50 nett per item with FREE-CHOICE of one cofficc/tca, soft Amk or Chin Chow Katsudon (Deep Fried Pork Cutlet topped with Egg and Onion) Stir Fried Tang Hoon with Mixed Seafood L j (Bean Vermicelli) Fried Rice with Salted Fish Spaghetti Bolognaise
      89 words
    • 36 27 -t— COURT DINING At Pine Court Chinese Restaurant LUNCH 12 noon 2.30pm DINNfcR 6.30pm 10.30pm gg Reservations: 831-6262 SSBB I Hantiarin QQ Stngnparr MBft 331 Orrturd Rojd. SiMnr 238*67 a® M 737 4411 F» 732 2361
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  • Page 27 Miscellaneous
    • 919 27 I ,I Pr«minrn w 8.00 Under One Roof. 4.45 Little Treasurer. 4.02 Potret. r K SUM) 'Spin. 5.10 Cambodia and its Ang 4J4 Drama Khas Ramadan. 3.00 PM TV Innovations. g.OO 'Crossing 2000 (Local kor Wat. 5.00 Taman Kancil. 4.00 Kidz Blitz: Sesame Millennium Series). 5J5 Orange Road. SJO Bo
      919 words
    • 267 27 CRYPTIC CROSSWORD HI H H to m m W n mm IH I BH| j^H wt in ACROSS land (5) 5 Thin spears can get bent (6) 7 Judgement must come to a stop ,o ,s ssT9r sho,wc^wse 11 Produces mixed-up teenagers 16 FokJjng as a result of credit being
      267 words

  • EXEC lifestyle
    • 776 28  -  The promised ease of online shopping is fading as many Web retailers are not able to deliver, says FRANCES KATZ FRANCES KATZ NYT THIS online shopping thing just sounds so easy, doesn't it? You log on, go to a Web site, click on the stuff you
      NYT; FILE PHOTOS  -  776 words
  • Page 28 Advertisements
    • 229 28 I ..'.-.'.1. .'V A J.. r MM Mm II i^^^^^^^HHinilXlinßliilVi^^^^^^H i^^^^^^^^^H|l|Hl|SlßflUU||Sn|^^^^^^H II v;^^^^^H||lHlH||||^^^^^H II HI WKm- S~~\*~Tomcrsct Residences is in the unique BP iL,... (—Exposition of being able to offer you three ■h~~ PHNNMMIpMHMMNNMMMNVMSVHfIMMMRRMNNMMBMi I types of home Heritage, Grand and Executive. |||p| J %hC^aIItiMHMMKiIiHNIiHMHIMMMHIiIIiHH9fIMMHMHttHMMi No matter what your preference,
      229 words
    • 84 28 Company for Takeover Blasting and coating company, servicing a major shipyard as in-house contractor is looking for parties to takeover and run the profitable entity, with excellent growth prospects.The company has a 100% foreign investor licence based in the Riau Indonesia and located near Singapore. This is a performing asset
      84 words

  • KNOWLEDGE economy
    • 856 29  -  Knowledge workers need to be constantly retrained in order to be relevant and creative, says a consultant ity Audrey Tan NOWLEDGE f workers" may be f one of the biggest buzz-phrases right now, but do companies know what to do with them? Do you simply recruit
      FILE PHOTOS  -  856 words
    • 869 29 We continue this week Patrick Lambe's A-Z of Knowledge Management A Survival Guide Lis also for Librarian. Librarians are probably the best-trained knowledge managers around. Their roles, too, are being re defined: Fifteen years ago, company librarians were being re-named information officers. Now they are
      869 words
  • Page 29 Advertisements
    • 32 29 This is the third of four parts, reproduced from an article in the journal, TRAIN. The writer is manager of business development at The British Council. He can be contacted at plambe((vbritcoun.org.sg
      32 words
    • 314 29 C^fnre e u, js t 3 Us? 8-10 December t999 Harbour Pavilion, World Trade Centre Singapore 8 9 December: 10am to 6pm 10 December: 10am to spm The inaugural and most comprehensive For those who are committed to the rapidly event on petroleum equipment, gasoline growing petroleum and convenience convenience
      314 words

  • Page 30 Advertisements
    • 185 30 «f. **r TlirCT, .SBBM^MG|^g^M Sy? J r t^; W8 wp^ MS I Mpfl W*m I 8 11 wrm ty SI I J I Ac 'One Day'...has arrived. At Dl, we believe that the Internet is not the exclusive video, fax and data platforms. your business can rely on a single
      185 words

  • SHIPPING TIMES
    • 170 31 Bridge News Reuters Dry cargo freight rate levels remained broadly static which was reflected in the mainly unchanged Baltic indices, brokers said. The Baltic Dry Index shed one point to 1,341, the Baltic Panamax Index lost three points to 1,269, the Baltic Capesize Index was unchanged at 1,845
      Bridge News; Reuters  -  170 words
    • 298 31 SES tOO mt n CWT Distribution 1.23 -«l02 16 CTlWnHUfr_= 0.40 -0.02 3583 Cosco Investment U8 0.06 921 Freight LMu OJO uneti 3T6 GB Moldings 0.90 0.02 16 Hai Sun Hup 0.70 0.02 260 IMC Hoidings-HK 5.60 unch 0 Jay* Holdings 1.17 -0.03 447 Jurong Shipy ard 8.20
      298 words
    • 438 31  -  It also expects new business from the privatisation of regional ports By Marcus Hand [SINGAPORE] Mutual specialist liability and equipment insurer Through Transport Mutual Services (TT Club) is eyeing growth in the logistics industry in Singapore, and privatisation of regional ports for
      FILE PHOTO  -  438 words
    • 416 31  -  Govt may sell 40% of its equity to a foreign or domestic shipping company From Rajendra Bajpai in New Delhi THE Indian government is proposing to sell 40 per cent of its equity stake in Shipping Corporation of India (SCI) to a foreign
      416 words
    • 98 31 Reuters [TAIPEI] Taiwan's shipping giant Evergreen Marine is planning to merge with Uniglory Marine, of which it holds a 48.01 per cent stake, a newspaper reported on Saturday. The merger plan would make Evergreen one of the world's largest shipping companies with
      Reuters  -  98 words
    • PORT Shots
      • 62 31 [LONDON] Liner company P&O Nedlloyd has acquired the services between Europe and East Africa/Red Sea currently operated by Harrison Line. The move increases the size of its Europe-East African operations and marks the end of Harrison Line's involvement in the area. Harrison's 1,100 teu
        62 words
      • 41 31 GLOBAL orders for new ships rose 43 per cent in the quarter to June 90 to 6.5 million gt, according to figures published by Lloyd's Register. However, the current orderbook remained stagnant at 53.8 million gt
        41 words
      • 65 31 CHINA'S shipping giant Cosco and Uniglory, part of the Taiwan-based Evergreen Group, will begin operating a joint service between China and the Middle East this week. Seven ships of roughly 1,600 teu, two supplied by Uniglory and five by Cosco, will run the CPG service.
        65 words
      • 77 31 MEMBERS of the International Salvage Union have given their backing to the proposed Lloyds Open Form 2000 salvage contract which would, if accepted, replace the existing LOF9S. ISU president Hans Walenkamp said; LOF 2000 promises to be a more user-friendly contract adopting language which is
        77 words
    • JAPANESE airports
      • 807 32 Recession has turned Osaka's Kansai airport into a flop but Japan pushes ahead with airport building plans FT WHEN Kansai International Airport opened outside Osaka in 1994, it was hailed as "the transportation hub for the entire world", a boon to the local economy and a
        FT; FILE PHOTO  -  807 words
    • 195 32 PAGE Oj* Lloyd 8 ACL 6 Dongnama 3 ANL 3 "I 4 I Accord 8 ECULiBe 6 Appenship 5 Ewgreen 6 Austral 8 FoongSor 8 BaU|i Shpg 5 G L B$A 7 Gemartrans 6 8'tang Mas 8 CCNI 7 Hanjin 3 CMA 8 Hegng-A 4 COSCO 5
      195 words
    • 19295 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 21/12 }1/12 Djak Lloyd APL EMERALD MS 65-*****57 To ABIDJAN (ABJ) 2003 Cote D'lvoire 21/12 31/12 Hanjm ithabhum 474 65-*****35 18/12
      19,295 words
    • SHIPS IN PORT
      • 729 43 Vtsstl Voy No JNftti Arrival Dtpartur# ftaclmanuel I 20/99 JjW 'j03 06/12/8:00 07/12/1500 Bt D*aclpta2 ***** J01 06/12/8:30 08/12/23:59 C Success 06 0CC J09 06/12/855 06/12/1600 ■MslwansMn ***** J02 06/12/7:40 08/12/23:00 Bt Sent! *****9 J01 06/12/1100 06/12/23:00 81 Ardi Jay J One 06 J01 06/12/10:40 06/12/23 59 Ocean
        729 words
      • 2000 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/bianco tsth Ship Voy No Etb/Btr Ptflod From To From ACHICWl 701 7/2140 M OS/OOO 04*459 <*0900 21 05/1700 04/0659 06/0900 04/0700 04/189 04/1400 4 04/1200 04/1459 04/T700 AOTUUC 0064 7/14-00 2A OS/1700 04/0499 04/0900 OVTTOO 04/0459 04/0900 1 04/0700
        2,000 words
      • 213 43 Dm 8 Italy: Immaculate Conception. Dm( Brunei: First Day of Fasting. Dec 23 Japan: Emperor's Birthday. Dao 20 Italy: Christmas Day. Brunei: Christmas Day. Australia: Christmas Day. Belgium: Christmas Day. Canada: Christmas Day. Denmark: Christmas Day. France: Christmas Day. Germany: Christmas Day. Hong Kong: Christmas Day. Indonesia: Christmas
        213 words
      • 773 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 mar ket. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and
        773 words
      • 444 43 Crt WO Max 9*2.1 0.9 N.1 0.11 79 0.09 Watmr Aid UilllrtMn Sediment M Aov( £25 5 0 16 2£J !i=2 liwrrt A(f «2j» 04 12.4 0.06 29 0.02 *JJ2 380 Max 990.8 14 15-3 0.12 6T 0.04 BMW ll/ll %H/H WM —aw Wo above G35
        444 words
    • AIR & LAND transport
      • 449 44 Proposal said to be identical to programme to assnre Pentagon foreign partners were safe Reuters [WASHINGTON] The US government was to propose yesterday that all US airlines check foreign partner airlines for safety, airline industry sources said. They said the proposal,
        Reuters  -  449 words
      • 397 44 It may launch another new airline, offer bargain basement fares AFP [SYDNEY] Qantas Airways vowed yesterday to beat British billionaire Richard Branson at his own game with bargain basement air fares on Australian routes possibly by launching another new airline. In
        AFP; FILE PHOTO  -  397 words
      • 155 44 Reuters [LONDON] Virgin Group chairman Richard Branson told the Mail on Sunday newspaper his airline was ready to join a global alliance and he hoped to have a deal in place by March. The newspaper quoted industry sources as saying the tie-up could
        Reuters  -  155 words
      • 84 44 [INCHON, South Korea] South Korea s Daewoo Motor employees worning on a car ooay ai an assemoiy une ai Lunos in intriuri. South Korea. Local creditors of South Korea's unlisted Daewoo Motor Co agreed to a debt rescheduling plan, which called for a temporary
        REUTERS  -  84 words
      • 232 44 Reuters [ROSEMONT, Illinois] Electronic travel reservation company Galileo International Inc said last week its October and November bookings were down as Y2K concerns led consumers to avoid travel over the new year. However, the company said it still expected to meet Wall Street forecasts
        Reuters  -  232 words
      • 166 44 Bloomberg [ROME] Almost all flights in and out of Milan will be transferred to its new Malpensa Airport as of Dec 15, as long as the new traffic complies with environmental standards, a government official said. The European Union in October said Italy
        Bloomberg  -  166 words
      • 544 44 Its Golf car will also be Europe's most popular model Bloomberg [LONDON] Volkswagen AG, the world's fourth-largest carmaker, looks set to retain its rank as Europe's best-selling brand this year, and its Golf car will remain Europe's most popular model. VW-brand
        Bloomberg; FILE PHOTO  -  544 words
      • 1792 44 CUT HUM Ok FU6MT n» 8A7306 *40 W4579 2359 MMOf 8A7301 mo IA73K MD SM00< OfBl 1930 Of 82 2050 MB* WW MW 0»g AJI8229 2230 GmmzHM S0803 1910 CZ3S4 0910 IH6380 2230 C2351 2045 S0804 1015 S02*» 2230 M VNT41 1310 VM740 M10 tKtirtM M.0643
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    • 835 31 H People Singapore Network Services has appointed V Mathlvanan as its managing director. Mr Mathivanan succeeds Pearleen Chan, who has left the company and the board. Prior to his appointment. Mr Mathivanan spent 23 years at PSA, where he held a number of concurrent positions as vice-president (logistics systems) in
      835 words

  • Page 32 Advertisements
    • 736 32 SUPER BHVTTU «Pj««(W i lG< wuk vissa ~55~ 1 pan I kwt I«a m \<m Ipiiang T 37W547 24/11 12/11 14/" PtO NBUOTDIANOAI ANA! OK M/ 11 M/ 11 M/ 11 M/ 11 01/11 M/ 11 10/11 11/11 OOQOMU MWS4O 01/11 10/11 11/11 PM NBUOTD OtMOCO 0* 03/11 03/12 05/U
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    • 533 32 s SAMUDERA SHIPPING LINES LTD Introducing Our New Service PASIR GUDANG Turn to Pg. 13 Every Mon/Wed/Fri OUTIOUNP |VQY I jktl m|pou| bn|ikwll hk> km. Ikhh OtA TTO ton VKK I IMZ IwolwCi I NBIUOTP HOWSHU ***** 111 1111 Kiucr WO 07.11 1111 11.11 ttJf 17.11 MM 11.11 till Q.ll
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    • 1067 33 I SAX SERVKI (DIRECT) vesa wr swm imookpmhouo* ax mh> <ji ktc AfISAROOMYI 016* 24/11 09/12 14/12 14/12 14/1? 14/12 14/1? 14/12 15/12 15/12 OWTOUMUtii 0301 01/12 H/12 21/12 21/12 21/12 21/12 21/12 ?1/12 22/12 22/12 Aft JAW Oltt 06/12 23/12 2S/12 28/12 21/12 ?»/1? 21/12 20/12 29/12 29/12 APLGAOCT
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    • 1582 34 DSR-SENATOR LINES I TO UK/CONTINENT TOMEPITCBBANEANttIANADA Vtna WY LB) RTM AMR HAW BUY FU VtSStL WW SW BIT SH FOI W.C WT« PUNJM SENATOR OOIOW Kl2 I*l2 Ml 2 21 12 23 12 24 12 25 12 CALIFORNIA SMTOR OOtm Kl2 11.12 21 12 23 12 2512 *I*l HANJM DAUAM
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    • 939 34 m. AO MAC-NELS SPORE M'SIA I Carrier: MN CONTR LINES, IMC paxMt&mtmm I IVV ~J CW wo. tioorrseoe* SBU: (064) *****9 MAMLA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****4S KUCHWQ (062) *****1-3 BANGKOK HO CHI MINH MV "KOTA
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    • 1853 35 VESSEL VOY KHH HKG SIN PKQ PQfl PXB DMM BA BIK IRAN SATTARI PCL-131 01/12 03/12 07/12 08/12 17/12 18/12 19/12 21/12 23/12 IRAN BAAKERI PCL-132 08/12 10/12 14/12 IS/12 24/12 25/12 26/12 28/12 30/12 IRAN TEYFOURI PCL-133 15/12 17/12 21/12 22/12 31/12 01/01 02/01 04/01 08/01 IRANSHAHRYAR PCL-134 22/12
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    • 811 35 EXPORT I IMPORT I [|1| j|[ |j g~ jf]§ l|jj *KFlt UMOOBID4 MOM I) MINI —ONWUL MHtOM STUIUUMMI ¥14N4M2>4NWM»¥14«TN TKANSPAOBC SSHVICE EXPORT "w—Knntn/ii-a—swiiAoNTiiuwoiMW4»irn>MKa/ii IMPORT yrtca ynv cm tea ma i4LUPMNi t4MOB Ift lIWWHUN- VESSB VOY LGO OAX SM ftg mm WM W 6470) CT WAS -mw !s7TI TI7IT- *7/lt NinMG
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    • 1247 36 EUROPEAJK^CAMMHAVIA^IIILAIID/HUSSI* Pnu u H«r tup 7FF LHW LHV TMP ADM ANW HBC PKL I SGP I DEVELOP RW-006 11/12 26/12 01/01 JO/12 03/01 01/»1 05*1 E REWARDofy?* 25/11 27/11 20/11 20/11 Wl! I l2 16/12 [SKSI $2 uSI 1«K !£E i%l IIS lift t&KS 02/12 04/12 03/12 60/12 07/12 26/12
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    • 950 36 ADVANCE CONTAINER LINES (PTE) LTD API I TEL; *****21, FAX *****19, TELEX :RS ***** ACLPL ba. cna unotflNGS PHASE CAU: *****23 SALES A MARKETING *****21-38 OPERATIOMS: 2212MW *****06 CR NO. **********0E I JAKAWA.ffWl**—q vessr Ivoy HN woe VESSEL VOY «N JKT 1 YANTRA BHUm (PAD 319N 2/12 TKi 5/12 Sun
      950 words
    • 464 36 SO mOK BLAMGAH ROAD *02-02 OTPORT CEMTRE S PORE *****6 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W VESSEL VOY ETA ETD DESTINATION hjummui 14» 1712 m ivi2m maiaysian porttcktianai MABUKWA UW 1712« 17/12» PKL BALAMMUNTOK MABUKWA 44A9 2512« 2W2« PALBABAN&PKL BALAMMUNKX For enquiries and bookings
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  • Page 37 Advertisements
    • 404 37 BSfl %mm. MYANMA iflßßk FIVE STAR LINE r (Myanmor National Line) W Loading lor Yangon (Rangoon) VESSEL VOY SIM m KM PGU mongu 2iw si# MAWIAMYINE »7W 14/12 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TU (03)24)7300 Kb 1H (03) *****0) PtN: ni (04) 26)2402 PGIt TEL (07) *****21/4 BANK LINE
      404 words
    • 1193 37 HAfA? I HYUNDAI VESa VOY ISM I SOU I l l TM HAH MV HI [vESSfI VOT|SOU|t»|iTI»|AMT|HAaj»V| mdSW HYMMCS 371W «712 BTil 25/12 -2./12 S» 19/11 20/11 U/ll .6/11 08/12 AftAIMAMMI 312W 09/12 27/12 01/01 29/12 30/12 02Sj 15/11 20/ 17/11 11/11 09/12 MAAS 533W 10/12 31/12 01/01 26/12 21/12
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    • 981 37 WALLENIUS WILHELNISEN TO NORTH AND LATIN AMERICA CAR RORO HIAYYUFT SERVICE* VESSEL VOY RAMP HEIGHT SIN I lAX CKL MU I SAV ML ORE NYC NW MM TOM AMII 400T«H 6.3 M H7n" 09/01 11/01 21/01 23/01 25/01 2*7oT 21/01 01/02 07/02 TARONGA AHOOI 400 Taas 6.3 M 2S/12 2S/01
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  • Page 38 Advertisements
    • 693 38 BANGKOK/ MAP TA PHUT/ LAEM CHABANQ J AKARTA/PAH J ANO VESSEL VOY 1 S.N 1 BKK I MTPI LCH VESSEL VP* I SIN JKT PJN NANTABHUM" 473N 08/12 11/12 12/12 BAN' BHUM JfjJf YANTRABHUM 320N 08/12 12/12 GURU BHUM 9?L| -2L| MATHU BHUM 444N 11/12 15/12 14/12 BAN! BHUM *****
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    • 316 38 INDONESIA NATIONAL LINE TO AUSTRALIA *"1 RJU.CONPMNEBBBIVICE va wr m m m w sn> w a NONBH9NC MS »/ll 17/ M N/1J n/n 14/1J nran m u/ii »/u »/u 5/S »/u <W«BUU> ~ub" 71/11 3i/ii «/*T *4/* i p/i' ■mm*i »T »/n «/*i ivw n/w m/m FEEDER SERVICE TO INDONESIA
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    • 730 38 VESSELS VOY SW PKL JED MLA LBH RTM HAM Zff SOT VK-LE DX)RKX Y34W IVI2 2V12 26/12 (Bffl 04/01 06AM 06AM 07AM VMXE DE MWAOSA V36W 22/12 31/12 06AM 1001 12AM 13AM 14AM 15AM VMXE DE TANYA T3BH 29/12 3iyi2 07/01 12AM 17AM IMH 2tWl 21/01 23AX1 VWXE DE TAURUS
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  • Page 39 Advertisements
    • 57 39 I n NEW BREAKBULK SERVICE I tltlMW 1M» For Complete HHHHHRH Schedules Information See PACC CONTAINER LINE Turn To Pg 5 on 5 FR. MEYER'S SOHN lAilllM SPECIALISTS IN Dedicated Forest/Paper Machinery EAST MALAYSIA products Heavy Lift Service Container p ro ject Crosstrade Turn To Pg 14 every Mon/Wed/Fri Details
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  • Page 43 Advertisements
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      34 words