The Business Times, 15 December 1999
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1999-12-15
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The Business Times
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Title Section14 1999-12-15 1 THE BUSINESS TIMES MITA(P) 046/12/98 850 SINGAPORE I Internet: http://business-times.asial.com.sg/ WEDNESDAY, DECEMBER 15, 199914 words
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Article66 1999-12-15 1 □m imS (-17.07) f-JBT-SEI U M3J6 (-1.04) □row WTUIKS ***** (-0.80) STOCK MAKKET INDICES Tuesday Change KLSE COMP 769.94 +150 NIKKEI l8.lte.S6 49.62 HANG SENG *****.79 -1M.41 SET INDEX ***** +482 J AKART A COMP —W 8J9 +17-81 MANILA COMP 2,011# -L» TAIPEI WPI 7jBVT4 -23.47 SEOUL COMP66 words
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Article77 1999-12-15 1 FOBEX BATES US$ S3 USt 1.678 £(US$/S$par£) ICS 2.727 EUBO(lB$/SS/E) 1.014 1.791 DM 1JU 0-870 YEN 193.0 1.03® RM 1890 0.442 HKS 7.776 Oil« BAlfT 38.53 0.044 RUPIAH 7532 0.023* 'St to 100 untU PMME BATES SINGAPORE* 5.80 KUALA LUMPUR 736 JAKARTA 40.0® BANGKOK 10.00 MANILA 1LM HONG KONG77 words
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1067 1999-12-15 1 Quak Hiang Whai - [TT3T73 Cyberport project spawns wave of telecoms, Internet, high-tech businesses From' Quak Hiang Whai in Hongkong AFTER sitting on the sidelines while its rivals in Singapore and Malaysia trumpeted grand plans to ride the knowledge economy boom, Hongkong has made a frenzied1,067 words
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628 1999-12-15 1 Neil Behrmann - pH:** exclusive Surge in oil, metals prices and currency volatility cited; Enrozone seen harder hit From Neil Behrmann in London THIS year's surge in oil and metals prices and currency volatility point to an acceleration in global inflation next year, economists628 words
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635 1999-12-15 1 Mobins and Soros too are eyeing good buys Bloomberg [JAKARTA] Indonesia is seeing its first signs of foreign investor interest after more than two years of economic trauma, with three major US companies moving forward with investments in theBloomberg - 635 words
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Page 1 Advertisements
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Advertisement218 1999-12-15 1 Many sites. Many awards. How successful? Next Page ntsmE Top stories Tepid response to 27 foreign firms' switch to S$ listing. Pg 4 100,000 users signed up in 9 days: Star Hub. Pg 8 Dr Mahathir blames lies, bribes and ungrateful Malays for eroding his support in last month's general218 words
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ON THE grapevine
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Article139 1999-12-15 2 WANT to make a small bet on whether Singapore or Hongkong will be the first stock market to make a new high in US dollar terms? Prudential-Bache Securities' Hongkong-based analyst John Schofield says both are within easy reach of the target. Singapore seemed to have a139 words
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Article66 1999-12-15 2 LOCALS on the Singapore Exchange, or individuals who trade financial futures on their own account, now have a forum that they can share with management. Four locals were elected to form the first new Locals' Committee, which will serve a two-year term between 1999/2000 and 2000/2001.66 words
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Article82 1999-12-15 2 A GLOSSARY is always appreciated by reporters. But this one distributed by Fraser and Neave to reporters and stock analysts at its briefing really blew us away. On its aim to become a world-class multinational enterprise with an Asian base to provide superior returns, it82 words
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Article81 1999-12-15 2 WHILE we do receive news releases about maximising office supplies, such as printer toner, one large IT company certainly practises what it preaches. The company's latest set of news releases were printed on the reverse side of an old news release with the outdated content crossed out with81 words
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Article75 1999-12-15 2 MANAGEMENT consultancy PriceWaterhouseCoopers says it has identified the sue forces that will shape the future of business and virtually no major corporation has in place programmes to manage all six adequately. The six are industry convergence that eliminates the boundaries between entire industries, e-business, knowledge75 words
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Article75 1999-12-15 2 WE are used to the standard gifts that often come with corporate news releases. The gold-coloured card case engraved with the corporate logo and the gold-plated ballpoint pen are pretty standard fare. But local e-commerce company Brel's gift is more meaningful. Included in its press kit is75 words
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1077 1999-12-15 2 Kalpana Rashiwala - High reserve prices cited for no deals in 17 plots a month after tenders close By: Kalpana Rashiwala [SINGAPORE] Nearly half, or 17 out of 39 collective sale sites whose tenders closed by Nov 7 have yet to find takers.1,077 words
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625 1999-12-15 2 Eddie Toh - NST writer says Singapore started dob and ended it unilaterally t<Yorn Eddie Toh in Kuala Lumpur MALAYSIA could not have breached World Trade Organization rules in the saga over frozen Malaysian shares previously traded on Singapore's over-the-counter market Clob International, a columnist625 words
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Page 2 Advertisements
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Advertisement90 1999-12-15 2 The Asset No. 1 VSNNS^ Sv_— Euromoney No.l The Best Research in Asia. This year, Merrill Lynch Asia Pacific Research outperformed the competition in all of the leading research polls, namely those conducted by Institutional Investor, Finance Asia, Euromoney, Asiamoney, Reuters and The Asset. For this success we would like90 words
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Advertisement9 1999-12-15 2 Two freehold sites hope to bag $34m, Page 89 words
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FOCUS e-commerce
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Article, Illustration742 1999-12-15 3 TOH HAN SHIH - One Net property portal already set up, another on the way, reports TOHHAMSHIH TOH HAN SHIH TWO Singapore technopreneurs have set up or will be setting up Internet property portals in Singapore and other countries, and introducing online transactions to the property market. Propi-nets, a742 words
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Page 3 Advertisements
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Advertisement11 1999-12-15 3 x 38M85J) N i( W\ V -jl I Vv J Life11 words
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Advertisement133 1999-12-15 3 P M m JEhH BP J: 1 ilffinrii^^ r *i^f\ J I H^^P^pPpj^PB-P^y 11® iflHfi^B^' fj Jf| jH -at- V _jB K j§f »*aHl| Kjtp jflHH i4 JNBPp 1^^^' ■fc&Jj *jP jflr 0m jflK, 4 2 P O o 5> u <D E o c p 3 rc > m133 words
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SINGAPORE companies
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254 1999-12-15 4 L&M Group Investments and Griya Nusantara Pratama (GNP) have agreed to study the feasibility of developing a 10-ha piece of land in Jakarta's Kemayoran Cybercentre into a high-tech, multi-pur-pose development and electronic commerce hub. The expenses of the joint study254 words
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Article, Illustration419 1999-12-15 4 Jeanette Pang - Joint venture OUB Optimix aims for 10% market share within three years By Jeanette Pang OVERSEAS Union Bank has forged a joint venture with ING Investment Management to increase the retail market share of its fund management arm. OUB Asset ManagementARTHUR LEE - 419 words
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440 1999-12-15 4 Wong Wei Kong - Prices of 20 down, indicating investors are nnfazed by pvrhangp risks ity Wong Wei Kong TWENTY of the 27 foreign currency stocks that are converting into a Singapore dollar listings fell yesterday, indicating that currency perhaps is not such a440 words
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388 1999-12-15 4 Audrey Tan - Proposed sale of PCB business sends Elec Eltek reeling By Audrey Tan CONFUSED investors yesterday sold down Elec Eltek International stock, driving the price down US$l.l6 or 26 per cent in morning trade to a low of U553.34. Analysts were advising their clients to sell yesterday morning, following the company's388 words
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730 1999-12-15 4 siow li sen - lock siew] siow li sen Shareholders of cerebos Pacific will be relieved to know that the company is on the brink of bouncing back, if the sales of the last three months can be sustained. It seems that company officials730 words
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546 1999-12-15 5 Resurgent economy expected to lift STI to 2,637.50 by end of next year Reuters [SINGAPORE] Singapore's stock market will test new peaks in 2000, lifted by a resurgent Asian economy that will underpin external demand, according to a Reuters poll ofReuters - 546 words
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COMPANY Briefs
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Article107 1999-12-15 5 DBS Group Holdings said the 1878 million bonds issued by Clover Holdings in conjunction with the securitisation of 6 Battery Road have been fully taken up when applications closed yesterday. Out of the senior bonds of $550 million, DBS Bank offered $50 million bonds to107 words
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74 1999-12-15 5 TYE Soon Ltd said wholly-owned subsidiary Yamakawa Trading Co has sold to ERO Lingerie International Pte Ltd its lingerie business for $150,000 cash. The lingerie business retails branded French lingerie in Singapore. In the competitive retail environment, it has been unable to achieve its74 words
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66 1999-12-15 5 FREIGHT Links Express Holdings said its Australian-listed subsidiary. Freight Links Express Holdings (Australia), has released its unaudited half-year results for the period ended Oct 31. The Aussie firm, which owns and operates an airfreight centre with bonded warehouses and offices in Melbourne, achieved pre-tax profit66 words
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Article17 1999-12-15 5 CM TELECOM International said Wu Ying Keung has resigned as executive director.17 words
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Advertisement151 1999-12-15 4 Formerly a military secret. Finally available to a select few. rr r rr rjrwiM™ KKL L L L l wtks* iP i 1 1 1 1 j 1 k, Ik k K K k, >k k -J A ill i i A A 4 I f\ l > A K151 words
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Page 5 Advertisements
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Advertisement169 1999-12-15 5 Leading you in the right direction V y* '11? partner >c -h>ppjf".-. J. more than transport uun v..w_o VW jrc here to help '»<•-. n.O :j,.fc ifiv „j in ><h»j vVjif, r vaM experience ami resource*, and ■a; »H:r staff of !o.(#io highly educated provisionals. vu* are con>iv.iiteJ to eumj!169 words
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SINGAPORE markets
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Article491 1999-12-15 6 Stocks Volume Elec 80c 13,799,000 MediaRing 10c 11,942,000 MIT 10c 11,546,000 Asia Food&Prop US$ 11,452,000 Benefun HK10c 11,107,000 SingTel 15c 9,826,000 RafflesH85c 8,981,000 L&M 50c 7,769,000 ChuanHup 20c 7,442,000 Ho Bee 5c 6,342,000 Stocks DBS Grp 61,706,496 Elec 80c 48,360,280 SingTel 15c 33,790,150 UOB 22,711,738 Nat Elec 10c 21,851,742 OCBC491 words
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Article, Illustration564 1999-12-15 6 r. sivanithy - STOCKS r. sivanithy A LOSS of upward momentum was probably the single biggest factor at work in the local stock market yesterday. Spooked by the index's inability to rebound from Monday's drop, sellers were out in force to leave the broad market564 words
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Article, Illustration191 1999-12-15 6 R Sivanithy - WARRANT WATCH /fy] R Sivanithy SINGAPORE Telecom has been slowly and surely regaining its past glories, having recently broken past its $3.20 barrier. At $3.48 now, one suspects that the next target should be around the $3.60 mark, although some optimists191 words
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Article, Illustration264 1999-12-15 6 Wong Wei Kong - HOT STOCK Wong Wei Kong NEWS of an impending takeover of the company sent HBM Print shares soaring 18 per cent yesterday, with the stock ending as one of the session's most heavily traded and biggest gaining issues. HBM shares closed up 8264 words
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84 1999-12-15 6 Hiinnww ♦9am. Asia-Pacific conference on computational mechanics, organised by National University of Singapore ♦9.30 am. Singapore Management University press conference ♦9.30 am. Wee Poh Holdings annual general meeting ♦10.30 am. Press conference on the bi-annual Singapore Motor Show organised by Singapore International Motorshow Pte84 words
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Article, Illustration349 1999-12-15 6 larry wee - |:j|comment CURRENCIES larry wee THE Japanese yen slid back a little further yesterday, a day after the closelywatched tankan Q4 business survey revealed that continued growth must hinge on the efficacy of the government's next 178 trillion yen (552.9 trillion) pump-primingSource: Reuters - 349 words
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Advertisement118 1999-12-15 6 RISE TO THE OCCASION WITH A NEW NAME As we begin the new millennium on January 20(X), Tiong Bahru Plaza Office Block will be renamed CENTRAL PLAZA to better rejlect its central location and to distinguish it from the shopping centre which will continue to be called TIONG BAHRU PLAZA.118 words
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Advertisement21 1999-12-15 6 Short of cash to invest? Triple your cash with our Margin financing 1 Call DBS Investor Online at 323-3955 today. >3I)BSBANK21 words
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Advertisement82 1999-12-15 7 JB s JL AN C PAI N SINCE 1735 THERE HAS NEVER BEEN A QUARTZ BLANCPAIN WATCH. AND THERE NEVER WILL BE. V J ®L A|l Mtiks m&Lf. r < --ML f .^1 I fe/ EXCLUSIVELY AVAILABLE AT: SINGAPORE: Cortina Watch Centre Pte Ltd Raffles City #01-36 Tel: PklbOl-32 Tel:82 words
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SINGAPORE news
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Article, Illustration313 1999-12-15 8 Marissa Chew - I 3on the economy job ads By: Marissa Chew JOB hunters are having an easier time, going by the rising volume of job advertisements placed in newspapers volumes shot up 89 per cent year-on-year in November. The data from Singapore Press Holdings is the latestSource: SPH - 313 words
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Article, Illustration613 1999-12-15 8 Teh Hooi Ling - ISP aims to be cashflow positive in four years and profitable in five By' Teh Hooi Ling THANKS to its free surf plan. Star Hub Internet yesterday said it signed up some 100,000 users in nine days, a number that took otherFILE PHOTO - 613 words
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Article, Illustration251 1999-12-15 8 Andrea Tan - CGI i en-n\TFi±u±m By. Andrea Tan TWO more freehold sites are up for collective sale Martaban Court in the Novena area and Lynnsville along Pasir Panjang. Martaban Court is expected to fetch about $22.7 million while Lynnsville carries a $11 million price tag.251 words
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520 1999-12-15 8 Soh Tiang Keng - Prime Partners hopes to secure 25% of Tunas Barn Lampnng'slPO tin I Soh Tiang Keng TUNAS Baru Lampung (TBL), an Indonesian producer of vegetable cooking oil, is targeting Singapore and Hongkong for the bulk of the foreign component520 words
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Page 8 Advertisements
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Advertisement190 1999-12-15 8 *?>?* > S»' l *«r > .< SIEMENS i&S&X 'i'£s£■:*: There is more to us than meets the eye. Though the 'how' is not always immediately apparent, the results are obvious. As a global knowledge-based company and systems integrator, we are well-poised to meet today's demands for knowledge-intensive solutions. At190 words
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MAIL bag
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Article248 1999-12-15 9 Teo Tat Beng Singapore - Teo Tat Beng Singapore I HAVE read the letter by KY Chew (BT, Dec 11/12). While I do not know whether the Dow will crash, I certainly believe that the risk for equity investment has increased. I would like to share my observation with your248 words
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Article69 1999-12-15 9 Patrick C H Tan Singapore - Patrick C H Tan Singapore THE Land Transport Authority has lifted ERP (electronic road pricing) charges on Saturday in view of the lesser traffic volume. However, Urban Redevelopment Authority and Housing Development Board car parks are still charging 90 cents per half-hour parking in the CBD69 words
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Article277 1999-12-15 9 Lim Yew Wen Singapore - Lim Yew Wen Singapore MY wife and I have a joint current account with a participating bank in the scheme for electronic applications for IPOs and rights shares. Both of us can operate our account individually, and each has an ATM card with different PIN numbers.277 words
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Advertisement90 1999-12-15 9 You can email us at btietterQsph.com.sg or fax to us at *****71, or mail your letter to The Business Times, Times House, 390Kim Seng Road, S'pore *****5. Please give your full name, address and telephone number. THE PRINCIPLES OF AVIATION in the Jfaeronautics, every single component apply die same principle90 words
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Advertisement121 1999-12-15 9 Jfc J Enhanced performance. I® No side effects. There are few things that get your adrenaline flowing like the enhanced Mercedes-Benz C-Class. Its one-touch gearshift offers the ultimate responsiveness. Its Electronic Stability Programme improves your road stability tremendously. And now, you will enjoy an attractive overtrade package, with one month's121 words
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EDITORIAL & opinion
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Article, Illustration819 1999-12-15 10 robert samuelson - raiiTqi bottom line OPINION robert samuelson WE in the American scribbling and chattering class are facing an emerging crisis which unless things soon get worse threatens to grow to dire proportions. It is the absence of crises. Almost all those that819 words
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Article103 1999-12-15 10 'It used to be that investment bankers were at the cutting edge. Today, bankers are just hired guns.' -Mark Long a banker for Credit Suisse First Boston, on why many bankers prefer taking their chances on the Internet. The playing field isn't level. Some investors are more103 words
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Article569 1999-12-15 10 EDITORIAL THE Indonesian economy is no longer in a state of crisis, having made some dramatic improvements this year. However, the same cannot be said about its banking system, which the country's chief economics minister Kwik Kian Gie has himself recently admitted is "dysfunctional". Cleaning569 words
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Article, Illustration962 1999-12-15 10 Edward Luttwak - The larger question globalisation raises is the relationship between culture and commerce Byl Edward Luttwak The writer is a senior fellow at the Center for Strategic and International Studies in Washington LAT-WP THE great scientific discovery that gave us penicillin was achieved by SirLAT-WP; FILE PHOTO - 962 words
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Article, Illustration959 1999-12-15 10 US pulled the plug AS THE the smoke clears after the "battle of Seattle", supporters of an open world economy are faced with a problem few expected. Instead of celebrating the start of another round of negotiations to reduce trade barriers, they must now figure out959 words
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MALAYSIA news
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MARKET moves
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Article78 1999-12-15 11 NEWSPAPER stocks continued to rise on the back of increased advertising expenditure amid the economic recovery. The Star jumped 90 sen to RM11.70 while New Straits Times Press gained 30 sen to RM9. Incidentally, they are controlled by the Malaysian Chinese Association and the78 words
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Article58 1999-12-15 11 MESINIAGA, which counts IBM as one of its shareholders, continues to confound critics. The counter gained another 85 sen to RM9.30 almost five times its listing price of RM1.90 last month. Besides strong demand for its technology products, analysts said Malaysian syndicates have been pushing up58 words
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Article51 1999-12-15 11 SIME Darby is slowly back in demand following the disposal of its troubled Sime Bank last year. The counter chalked up 18 sen to RM4.68 despite the soft market conditions yesterday. An analyst said investors are beginning to see it as a defensive and undervalued stock51 words
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Article45 1999-12-15 11 Eddie Toh - Compiled by Eddie Toh CAMERLIN jumped 26 sen to RM2.67 on rumours that its listed associate, Southern Steel, might merge with Amsteel to form the largest steel company in Malaysia. The two steel companies are still bleeding from massive loans and over capacity.45 words
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188 1999-12-15 11 KUALA LUMPUR Move aims to create a larger regional business in Asia Bloomberg JAMES Hardie Industries Ltd, an Australian building materials maker, plans to form a joint venture with Malaysia's UAC Bhd to make and sell Fibre cement products in Asia toBloomberg - 188 words
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Article, Illustration266 1999-12-15 11 KUALA LUMPUR Proposal likely to include bond sale, and entail making Lion Corp the ultimate holding firm Bloomberg MALAYSIA'S Lion group, one of the country's biggest industrial concerns, said it's close to finalising a plan to repay 10.2 billion Malaysian ringgit (554.5Bloomberg; FILE PHOTO - 266 words
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179 1999-12-15 11 KUALA LUMPUR Reuters MALAYSIA'S Pengurusan Danaharta Nasional Bhd said yesterday it has appointed special administrators to two timber products firms, Kilang Papan Seribu Daya Bhd and Timbermaster Industries Bhd. Administrators were also appointed to three subsidiaries of Timbermaster, the national asset management agency saidReuters - 179 words
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360 1999-12-15 11 Diana Oon Abdullah - But Time's parent Renong says it's still open to better offers From Diana Oon Abdullah in Kuala Lumpur MAXIS Communications Bhd. which put in a final bid for Time Telekom sometime last week, considers its offer to be a "good bid, and360 words
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Article, Illustration397 1999-12-15 12 TOKYO PAS and effects of Western liberalism also cited for reduced majority in polls AFP MALAYSIA'S Prime Minister Mahathir Mohamad yesterday lashed out at lies, bribes and ungrateful Malays for eroding his support in the general election last month. InAFP - 397 words
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306 1999-12-15 12 KUALA LUMPUR Far fewer than current 64 will remain: SC chief MALAYSIA'S myriad stockbroking firms must merge or perish, and white-collar criminals should beware a more muscular market watchdog, the head of the Securities Commission said yesterday. In an interview with Reuters Television, Securities Commission306 words
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Page 11 Advertisements
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Advertisement70 1999-12-15 11 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Buy h. Sell h. Fkid h. Another Classified Service SEE IT FIISTI SEE IT ALU SEE IT 111 lAMSVEI 24 FEBRUARY-1 MAICI CeBIT 2000 Virll lisiiiss Fair Ifflct Mmttoi For further information, please contact:70 words
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Advertisement179 1999-12-15 11 Working Looking Towards the New Millennium, Wood Is Life! Our Products are: Why you get pallets from LHT 0 Wooden Pallets 0' Flooring Door 0' Product top quality wooden pallet with ISO 9002 0' Wooden Crate/Cases ET Wooden Wedge certification 0' Wooden Container 0 Building Materials recyclable environmental friendly ET179 words
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Page 12 Advertisements
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Advertisement382 1999-12-15 12 HASSAN'S In Singapore since 1930 Assets of Past Generations Value for Future Generations Hassan's First Auction in line with the re-engineering of the thinking, structure and strategy, for Asean advertised in Business Times 4th 6th December 1999 was held on 6th December 1999. It drew a small perceptive audience. However,382 words
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SOUTH east asia
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557 1999-12-15 13 Al Labita - DLiexclusive Sharp earnings fall seen as companies fall prey to economic slowdown From Al Labita in Manila LAST year, listed Philippines firms' earnings weathered the crippling impact of the Asian currency crunch, but this year, it's a different story. Succumbing to557 words
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NOTE Book
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Article63 1999-12-15 13 Reuters [JAKARTA] IMF Asia-Pacific director Hubert Neiss said yesterday the fond would disburse about US$2 billion (553.3 billion) to Jakarta in January. He was speaking after he told reporters the disbursement would be higher than the sums earlier planned before loans were halted. AskedReuters - 63 words
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Article72 1999-12-15 13 Reuters [JAKARTA] Indonesia plans to raise fuel prices by at least 20 per cent and electricity tariffs by 35 per cent after April 1, Mines and Energy Minister Susilo Bam bang Yudhoyono said yesterday. "The increases will take place in April 2000 at theReuters - 72 words
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68 1999-12-15 13 Bloomberg [MANILA] Coca-Cola Bottlers Philippines, which provides 30 per cent of the revenue for the largest Coke bottler in the Asia-Pacific, said it would cut about 600 jobs to reduce cx»ts as sales slump. The unit of Australia's Coca-Cola Amatil said the cuts,Bloomberg - 68 words
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295 1999-12-15 13 Harish Mehta - Stocks np 6% over 3 days as economic sentiment improves From, Harish Mehta in Bangkok THAI stocks surged more than 6 per cent over the last three trading days, buoyed by the improving economic sentiment and confidence that the Chuan Leekpai295 words
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Article, Illustration63 1999-12-15 13 [ÜBON RATCHATHANI] Skydiversfrom the "World Team '99" attempting to set a world record for the number ofpeople in a formation dive in Übon Ratchathani, about 700 km north-west of Bangkok yesterday. Up to 324 divers are expected to take part in the record-setting event, part ofREUTERS - 63 words
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192 1999-12-15 13 JAKARTA Bloomberg PT Tri Polyta Indonesia, a petrochemical company controlled by a son of former president Suharto, missed a Dec 1 coupon payment on a US$lB5 million debt (*****.4 million), its second failed payment this year. Tri Polyta, controlled by Bambang Trihatmodjo,Bloomberg - 192 words
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177 1999-12-15 13 BANGKOK Reuters THE Bank of Thailand said yesterday a committee would investigate if any of its current or former executives, or executives of commercial banks, were connected to the case of arrested businessman Pin Chakkaphak. Assistant central bank governor Rattakom Nimwattana told reportersReuters - 177 words
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Advertisement128 1999-12-15 13 11 'i^Ha^^l SWISS MADE SINCE 1860 |^H Mr m <*:*: .^l^l v c-lailall wrßL*. "^^Hi inv^^vranMM n e w series mmmmmmmmimmm TAG HEUER SHOWROOM Tel: 235 8477. Abo available at: ALL WATCHES Tel 732 7673 733 2823 337 5075 ASIA WATCH Tel 440 4208 CHEW CHEONG Tel 787 1703 734128 words
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EAST asia
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Article, Illustration409 1999-12-15 14 NEW YORK Co-listing programme likely to see Hongkong stocks trade on US over-the-counter market next year Bloomberg, Reuters MICROSOFT Corp, Intel Corp and five other Nasdaq stock market companies will list on the Stock Exchange of HongkongBloomberg,; Reuters; REUTERS - 409 words
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278 1999-12-15 14 HONGKONG Alliance hopes to make Internet payments safer HSBC Holdings pic and Cable Wireless HKT are forming an alliance to make Internet payment systems more secure, paving the way for Hongkong companies and consumers to conduct more business online. The two companies are278 words
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311 1999-12-15 14 Meera Tharmaratnam - Plans also for fond to support Greater China Net start-nps From Meera Tharmaratnam in Hongkong IN its latest info-tech venture, Sino Land has signed a deal to make its buildings more "intelligent", joining the ranks of property developers such as Sun Hung311 words
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351 1999-12-15 16 SHANGHAI WTO membership seen boosting imports which surged 36% in Nov AFP CHINA'S export growth accelerated in November with a 28.8 per cent year-on-year leap, but even faster growth in imports narrowed the country's trade surplus, the Shanghai Daily yesterday quoted Vice TradeAFP - 351 words
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288 1999-12-15 16 Meera Tharmaratnam - Agreement signed with Trans World International FYom Meera Tharmaratnam in Hongkong IT'S official. Hongkong tycoon Richard Li's Pacific Century Cyberworks (PCC) has finally unveiled a deal that will give the group massive access to content. The new agreement signed with Trans World International (TWI),288 words
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Article, Illustration221 1999-12-15 16 HONGKONG Bloomberg DICKSON Concepts (International) Ltd, an upmarket Hongkong retailer, will spend HK$2OO million (5543.2 million) to build a 70,000 sq ft shopping centre that combines a real and Internet mall. DicksonCyberExpress will be launched at the Kowloon Station late next year, chairman DicksonBloomberg; FILE PHOTO - 221 words
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317 1999-12-15 16 BEIJING Bloomberg CHINA Netcom Corp, the third entrant in China's stateowned telecommunications industry, plans to start operating a 13,000-km broadband network in the third quarter of next year to serve telecoms carriers, cable operators and Internet service and content providers. By defining itself as aBloomberg - 317 words
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Page 14 Advertisements
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Advertisement310 1999-12-15 14 THE ASIAN WAIL STREET JOURNAL. The Business Publication Oe Asia. Vx- Asian Wall Street Journal, Asia's business daily, invites applications for the following ftositions for its customer service office in Singapore: 1. QRCmATION MANAGER Res}H)iisil»le for The Asian Wall Streetyowrrw/'s circulation sales services in Suityipure. Must have at least five310 words
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Page 15 Advertisements
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Advertisement317 1999-12-15 15 A concerted effort by our designer, master craftsmen, and our international diamond cutters W* /Is comprising months of hard work has culminated in this Millennium Year 2000 collection. %L X Enjoy the fruits of our labour in this joint effort and celebrate the coming of thjt new MI W M317 words
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Advertisement1451 1999-12-15 16 StVMN( )H IMI Istituto Bancario San Paolo Di Torino Istituto Mobiliare Italiano S.p.A. Head Office: Turin, Italy Singapore Branch: 6 Temasek Boulevard #42-04/05, Suntec Tower Four, Singapore *****6 Consolidated Balance Sheet Consolidated Statement Of Income As of December 31,1998 As of December 31,1998 (millions of lire) (millions of lire) 31/12/981,451 words
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Advertisement153 1999-12-15 16 "ii—i-——v (L__ DmJh/41 )Mp mMm, »wrp rmwi. Super Bright Ultra Compact r^'Sd svga XGA in Intelligent Compression ppl Plug-and-Pia^'ffrf Convenience Portable Caring Handle .jdMtit AlB availab,e Qtt Top-of-the-Llne Notevision 5 (XG-NVSXM) with wireless PARTICIPATING DEALERS ASCOM TECHNOLOGIES Tel: 748 5646 COMTECH EQUIPMENT A SUPPLIES Tel 732 3966 (3 tones) J153 words
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SOUTH asia
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502 1999-12-15 17 NEW DELHI Regulator favours free unlimited entry and lays down tearing criteria Reuters INDIA'S telecom regulator on Monday set the ground for a free-market regime in longdistance telephone services with a strong set of recommendations to push reforms in the sector further forward. The Telecom RegulatoryReuters - 502 words
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Article, Illustration330 1999-12-15 17 BANGALORE first of such listings lor next year expected in March Reuters AT LEAST six to 10 Indian firms are likely to list on the technology-driven US Nasdaq stock exchange next year with the first of them expected in March, aReuters; FILE PHOTO - 330 words
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175 1999-12-15 17 BOMBAY Bloomberg GUJARAT Ambuja Cements Ltd, India's third largest cement maker, said it will pay 253 million rupees (Sslo million) to acquire a stake in DLF Cement Ltd, to boost output and sales. Gujarat Ambuja will buy 20 million shares at 12.65 rupeesBloomberg - 175 words
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Page 17 Advertisements
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Advertisement119 1999-12-15 17 I^m < ■_i E m-f W M *■> t^*M— S -l 4 tvj J|JiWsfto9l^^^^^^^H :r-?cv! f iiag!aßWi^^^^^^^^^^M •> W v < x s <*&m ->* < -v- '■> A I 'S~T I -?i-*H r f'^S^lSii^ife t *fl? 'p*7f" Q 3 I I •-'.-'r- r> ."-^^B t --'-«i* i < v119 words
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Page 18 Advertisements
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Advertisement76 1999-12-15 18 IMOKIA Connecting People With the widest range of phones, you'll be spoilt for choice. The only difficulty you'll have hunting for a present Nokia 7110 available in the stores soon*, you can expect this festive season is deciding which mobile phone to an even harder time. Call it different phones76 words
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WORLD news
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192 1999-12-15 19 MELBOURNE Bloomberg MELBOURNE IT Ltd, an Australian company which sells Internet addresses, surged 400 per cent on its debut as a listed company. The Melbourne-based company rose as high as A 59.10, valuing the company at A 5386.75 million (*****.1 million). Melbourne ITBloomberg - 192 words
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216 1999-12-15 19 SEOUL AFP, Bloomberg SOUTH Korea's government took a tough stand in a row with foreign creditors of the failed Daewoo Group, warning key Daewoo units could be put under into receivership, causing them even greater losses. The warning was channelled through Daewoo's consultants toAFP,; Bloomberg - 216 words
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293 1999-12-15 19 TOKYO Report says it may acquire up to 30% interest in Tokyo dectric Bloomberg CABLE Wireless pic, the UK's second-biggest telecommunications provider, is negotiating to buy a stake in Tokyo Telecommunications Network Inc to expand into Japan's market for domestic callsBloomberg - 293 words
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Article, Illustration259 1999-12-15 19 PBOPLE NEW YORK Reuters THE architect of International Business Machines Corps rebound in the data storage business has left the company to become a vice-chairman at rival. Dell Computer Corp, in the latest of a series of setbacks for the world's largest computerReuters - 259 words
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468 1999-12-15 20 WASHINGTON Third qtr current account deficit widens to record USsB9.9b Reuters, AFX US consumer prices rose at the slowest pace in five months in November as flat energy prices and a drop in tobacco costs helped keep inflation tame, theReuters,; AFX - 468 words
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447 1999-12-15 20 LONDON Bloomberg UK consumer prices barely budged last month, a sign that competition among shops and supermarkets is keeping a lid on inflation in Europe's third biggest economy. Retail prices rose 0.1 per cent for the month, unchanged from October. So didBloomberg - 447 words
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Article, Illustration78 1999-12-15 20 [LIVERPOOL] Tomohiro Kobayashi (left) and Sumiyo Omori (right)from Japan and Yasu Ono from London who have tickets for Paul McCartney's concert last night sitting on the street outside the "Cavern Club'' next to a statue of John Lennon yesterday. Former Beatle McCartney, who has notREUTERS - 78 words
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Article, Illustration453 1999-12-15 20 WASHINGTON Bloomberg HEALTH care facilities in the developing world may be the least prepared to avert the Year 2000 computer glitch, according to a study by a United Nations-backed group. "There remains a medium to high risk" that "Y2Kcaused errors couldBloomberg - 453 words
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WORLD Watch
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72 1999-12-15 20 Bloomberg (WASHINGTON] Viacom Inc said it won't go ahead with a planned spinoff to shareholders of its Blockbuster Inc video-rental chain until Blockbuster's share price exceeds US$2O a share, which would require about a 27 per cent increase from the current level. "Viacom had decided notBloomberg - 72 words
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Article75 1999-12-15 20 Bloomberg [LONDON] NTL Inc, the UK's biggest cable company, said it signed a "long-term" agreement with the British Broadcasting Corp to create new channels and programmes from the BBC's sports television archives. Terms of the agreement weren't disclosed. NTL said its Premium TV unit willBloomberg - 75 words
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68 1999-12-15 20 Bloomberg [HAMBURG] Germany's HWWA economic research institute said growth in Europe's largest economy will accelerate next year, as stronger world economic growth fuels exports. The German economy, accounting for a third of euro zone output, will expand to 2.7 per cent in 2000Bloomberg - 68 words
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402 1999-12-15 21 ZURICH Moves aimed at shoring up lagging earnings in money management Bloomberg ÜBS AG, Europe's secondlargest bank, said it will list shares in the US, bidding to win more international investors and preparing for acquisitions overseas to shore up lagging earnings in money management.Bloomberg - 402 words
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Article296 1999-12-15 21 SANTA CLARA, California Bloomberg 3COM's Palm unit, the No 1 electronic-organiser maker, filed for an initial public offering of stock on Nasdaq, giving investors a way to benefit from 3Com's fastest-growing business. Nokia and Motorola, the two biggest cellular phone makers, and NoBloomberg - 296 words
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246 1999-12-15 21 PALO ALTO, California AFP US-BASED Andersen Consulting will launch a new venture capital unit to inject US$l billion (Ssl.7 billion) into up-and-coming e-commerce businesses, over the next five years. Andersen will spend US$5OO million to form the new company, Andersen Consulting Ventures,AFP - 246 words
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Page 19 Advertisements
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Advertisement208 1999-12-15 19 Sales Representative for local and international advertising product. Proven In Australia and SE Asia. Rep must be confident, focussed, hard working, organised, computer literate (preferably with own laptop), be able to present to executives and be motivated for sales success. Excellent income for independant and ambitious salesperson. Contact ph/fax +673208 words
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Advertisement368 1999-12-15 19 in 5 ye rs time Guaranteed and tax-free.* for years APPLICATION FOR BENEFICIARY USS GUARANTEED GROWTH BOND Name Relationship to Lite Assured A Pursuant to Section 24 (4) ot the Insurance Act (Cap 142): You are to disctose US$lO,OOO U5513,070 5.50% /*j in this application torm, fuHy and faithfully, all368 words
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Page 20 Advertisements
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Advertisement303 1999-12-15 20 170,000 people are eligible for pi MEL S 4% y, p X 'V* I M -M -M «MR \o-;±l Are you one? As a Surf Gold.com member; you can get reward points, FREE for surfing the Internet, get updates on the latest news and hottest deals. Redeem at over 20303 words
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Page 21 Advertisements
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Advertisement125 1999-12-15 21 Kk iv* jf lisl a m T m mm m W m\m. JUw -^m .2^3 J iHsBSg H|S JjH _—-3 HA |jd|r V T^-S ■hkl* You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. Bwr" You merely look after it |yQJ^| for the next generation. Begin your own tradition.125 words
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Page 22 Advertisements
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Advertisement3367 1999-12-15 22 NOTICES To advertise calHolMreTlBQC^4llBi^ COSCO INVESTMENT (SINGAPORE) LIMITED (THE "COMPANY") (Incorporated in the Republic of Singapore) IMPORTANT REMINDER All Warrantholders (as defined below) NOTICE EXPIRY OF WARRANTS 2000 ("WARRANTS 2000") THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you3,367 words
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Advertisement390 1999-12-15 22 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) ANO IN THE MATTER OF MARLAMCO PRIVATE UMTTED Incorporated m the Repubfcc of Singapore) Creditor*' Voluntary Winding-up STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITIES TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES I.HOMUNCHEONG.NRICNo *****854/ E ol BJk 1C Pine Grove #09-10390 words
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THE ISO EDGE
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Article, Illustration776 1999-12-15 23 Jeanette Pang - ISO 9000, a series of global standards on quality management can enhance performance via the accummulation of corporate knowledge, and constant improvements Ru< Jeanette Pang THE much vaunted virtues of a knowledgebased economy have been on the lips of many a local policy-maker these days.FILE PHOTOS - 776 words
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Article, Illustration893 1999-12-15 24 Ling Su Ann - Earning the ISO 9002 certification was at times an arduous process, but the bank now enjoys greater standardisation, transparency and productivity By Ling Su Ann FOR Banque Nationale de Paris (BNP), one of the four foreign banks to be awarded the coveted Qualifying Full BankCHRIS LOH - 893 words
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Article, Illustration547 1999-12-15 24 Ling Su Ann - Jinis International proves that size is no obstacle to gaining certification By] Ling Su Ann THE ISO mark is so prevalent these days that companies which have not embarked on the journey to certification are slowly becoming the odd ones out. Even Jinis International,SIEW YAW HOONG - 547 words
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Page 23 Advertisements
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Advertisement346 1999-12-15 23 I [S] SCHENKER A Continual Commitment I I Stinnes Logistics For Excellence I II Schenker Singapore (Pt») Ud II II 2ChangiSouth Avenue 1 Singapore *****9 1 II II Te, 245 0888 Fax 245 0555 OCYVICC I 3 4V T)ii < j:torm Thisawarfiwou|dnothavebeenpossiblewithoutthestrongsupportandopportunitiesgiven II cessage rrom tne managing w by c|jents346 words
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Page 24 Advertisements
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Advertisement242 1999-12-15 24 I 1 PTE UDW Mo. 2, Juiong East St 21, #04-A3 IMM Building, Singapore *****1 Tel: 562 2322 Fax: 562 6006 TBSfe'S"-' E-mail: jinMcyberway.com.sg tt gives great pleasure and pride to announce the achievement of our ISO 9002 award. l| mSmm p* k. i4JL On July 14th 1984, Jinis Trading242 words
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Page 25 Advertisements
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Advertisement110 1999-12-15 25 rairltwiflP I ■■■■■■B i ff m^ j JMBBMBBHBHBBHI I l JBI HOP p.f| I'i I J^jftdM^ I s -S-'jfi?i* I MT w RH I Afl v k I l l r ■II I I The BNP Trade Services Team ii I I l'': .v.'-'' I I i^'^a I I jF|fb6110 words
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FINANCE & commodities
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225 1999-12-15 26 Daphne Tay, Jardine Fleming - SGX Derivatives Tmdin&Reports MSCI Singapore Index Daphne Tay, Jardine Fleming CONTINUING its consolidation yesterday, the Singapore stock market ended broadly lower amid lacklustre trade and minimal institutional participation. The Straits Times Index closed down 17.07 points or 0.72 per cent at 2,369.25. The MSCI225 words
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186 1999-12-15 26 Matthew DenBleyker Refco Singapore - MSCI Taiwan futures Matthew DenBleyker Refco Singapore SIMEX MSCI Taiwan Stock Index Futures yesterday dropped 5.3 points or 1.47 per cent to 354.1, wiping out the previous day's 3.82-point or one per cent premium over cash. The underlying MSCI cash index lost 1.77 points186 words
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234 1999-12-15 26 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed as a report due to be released later yesterday on US inventories could show a Fifth week of declines, and the United Nations readies a vote on the future ofBloomberg - 234 words
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Article308 1999-12-15 26 Reuters New York THE dollar was sharply higher against the European single currency in early New York trade yesterday as gloomy market sentiment threatened to shunt the euro back to parity with the greenback. Fixated on pummelling the euro lower, the market shrugged off mixed US economic data,Reuters - 308 words
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Article, Illustration1227 1999-12-15 26 HTERBAMK CROSS RATES l)eeH AS CS Bnm Euro Ffr Dm HK$ Ind Bs Bupln Yen Won BM N2$ Pat Bs Peso S$ Band Sfr WT$ Bafct Po«nd USS Australia 0.941 6.178 0.628 4.120 1.228 4.951 27.717 46.057 0.656 7.217 2.420 1.273 33.013 25.888 1.069 3.901 1.006 20.145 24.533 0.392 0.6371,227 words
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Article1952 1999-12-15 26 SICOM FUTURES f*>c n RUBBER (futures dosing as *t 5.30pm) RSS1 CONTRACTUS cents/kq) Close Volume Open Month High Low Sttt (tonnes) Interest Jan 00 110.50 Feb 00 112.00 l 100 Mar 00 115.00 100 Apr/Jun 00 121.50 RSS 3 CONTRACT (US ccnts/kQ) Volume Open Month High Low Sttt (tonnes) Interest1,952 words
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STOCKS east asia
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Article, Illustration2813 1999-12-15 27 HOMGEONG AFP n Hang Seng -159.41 HONGKONG share prices fell one per cent yesterday on profit-taking from recent gains, in line with weaker regional markets, dealers said. "I think the market is following other regional markets for a correction," said Michael Ng,AFP - 2,813 words
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Article, Illustration1012 1999-12-15 27 Reuters n Shenzhen B Index -0.05 SHENZHEN'S B shares ended slightly lower in sluggish trade yesterday as investors began to doubt the future of the long stagnant market. The B share index fell 0.05 point to 80.23 on turnover of HK$ll million compared with HK$l5 million on Monday. "SomeReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 1,012 words
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Article369 1999-12-15 27 AFP Qwp Index -33.47 TAIWAN share prices closed 0.4 per cent lower yesterday as late profit-taking eroded early gains, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 33.47 points to 7,850.14 on turnover of NT5132.57 billion. Falls led rises 296 to 178. The index opened 0.6 perAFP - 369 words
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2044 1999-12-15 27 TOKYO AFP □Nikkei 225 -3153 SHARE prices in Tokyo closed 0.2 per cent lower yesterday, depressed by prof-it-taking in high-tech issues, brokers said. The Tokyo Stock Exchange's Nikkei average of 225 selected issues fell 39.53 points to end at 18,165.55. The Topix of all issues inAFP - 2,044 words
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Page 27 Advertisements
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STOCKS klse
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Article8658 1999-12-15 28 INDUSTRIALS Conswnor products 1999 Last Vol Day Net Cap Nign Low Company Sola OOO High Low P/C Smil 440 2S5 Ajinomoto 300 t9.0 121.6 174 46 Anqkasa 91 -4 27 95 91 134.2 404 220 Apollo Food Wq 326 7.8 130.4 294 115 Bertaya Land 166 -2 77 170 1658,658 words
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Article, Illustration420 1999-12-15 28 AFP. AFX-Asia Q Composite Index +L 2 MALAYSIAN share prices rose only marginally yesterday as profit-taking set in after sharp gains the previous day, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 1.2 points to finish at 769.94. The Second Board IndexAFP.; AFX-Asia - 420 words
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Page 28 Advertisements
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Advertisement35 1999-12-15 28 IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offerlnq, we help you reach out to 86.7% of all adults In Sinqapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu 1800-741-188335 words
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SGX clob & regional stocks
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Article3241 1999-12-15 29 BOMBS A WARRANTS Dect4 *t »r*« 1*1 iz m—k Lot V* Mr LastOaete bar CaaM In an taw Ml <r fMM M0 Ua hp Mn Mta ttaMMb M» IW 104 10.5 s 3160 mwt 0.5 M 40 39.5 39.5 40 311 1 156 75 2 84 19 80 14.5 s3,241 words
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Article, Illustration792 1999-12-15 29 AFP risifl'lndex *183 THAI share prices closed 0.6 per cent higher yesterday with continued buying in communications stocks helping to offset profit-taking after previous sharp gains, dealers said. The benchmark Stock Exchange of Thailand Index gained 2.83 points to close at 438.23. Volume was a moderate 3.25 million lotsAFP - 792 words
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Article290 1999-12-15 29 AFP Q Manila -L 59 PHILIPPINE share prices closed slightly lower yesterday as investors took profits on Philippine Long Distance Telephone Co. The Philippine Stock Exchange Composite Index fell 1.59 points to 2,011.25. Volume was 7.09 billion shares worth 2.2 billion pesos. AFP Oec14 P»M *h (000) MRCANIed 0.66AFP - 290 words
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Article, Illustration701 1999-12-15 29 AFX-Asia Q Composite Index >17-83 INDONESIAN share prices closed sharply higher yesterday on window-dressing activity and speculative trade in telecommunications and other select stocks, dealers said. The Jakarta Stock Exchange Composite Index closed up 17.83 points or 2.8 per cent at 648.39 on volume of 956 million shares. AAFX-Asia - 701 words
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Article278 1999-12-15 29 AFP Q Wellington +<LS4 NEW Zealand share prices stalled yesterday in featureless trading, dealers said. The benchmark NZSE-40 Capital Index rose just 0.54 of a point to close at 2,131.99 on light turnover of NZ$72 million. Telecom ended down eight cents at NZ$B.B2. AFP tacM US COM) Advantage MOSAFP - 278 words
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Article574 1999-12-15 29 AFP QAM Ordinaries -LB AUSTRALIAN share prices fell marginally yesterday, with a weak industrial sector keeping the market in negative territory, brokers said. The All Ordinaries Index slipped 1.8 points to 3,108.10. The All Industrials Index lost 15.7 points to 5,400.90 but the All Resources Index closed 15.3 pointsAFP - 574 words
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Article312 1999-12-15 29 AFP n Composite Index -ILOI THE Korea Stock Exchange Composite Index yesterday closed down 11.01 points at 1,002.64. Volume was 396.5 million shares worth 5.4 trillion won. —AFP D*cM Won Anjm Stmt ***** ooch Brain Tteh 2285 -45 C antral Bank 2500 95 Chvll Com* *****0 -4000 Dm OuAFP - 312 words
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Page 29 Advertisements
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Advertisement77 1999-12-15 29 watches are a hundred years behind the times flffllHß to make watckes, I want to improve them. This means up to of technical perfection and precision, the same aesthetic V-/ /r'y was over a Tills step backward is really CHRONOSWISS K^Jl»&jll Faszination der Mechanik a step forward. An <s> I^mT77 words
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Article8993 1999-12-15 30 miio iTiiT —r in (ntiii»i m Mini will rr in 111 nni i»«^M«wnnT--rir*" ~»ir-rri —m~~~ 1 MAIM BOARD Transaction date: Dec t i Gr Cr M wt 52-Wk Last Vol Day Lait Ouot* Dl* Dty VM Net Cap Avg High Low St No Company Sato COOO) High Low8,993 words
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Page 30 Advertisements
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Advertisement31 1999-12-15 30 HBtesfe s Looking for a holiday destination Classified Or simply getting away from it all? T7l j_ Top of your itinerary: [cats a II*S L» Check The Straits Times Classified First.31 words
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Page 31 Advertisements
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Advertisement626 1999-12-15 31 Where to wine, dine and < -Offering the lowest interest rate in town *****45 il available for private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavonagh Road, Singapore *****7 Teh 737 9944 Fax: 733 3175 Tastes of Asia Buffet Lunch We are626 words
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Advertisement180 1999-12-15 31 !"ANNA4Sf KlNG"High-Tea j Win movie tickets or a host of other attractive j movie premiums and Sir Thomas Lipton products during High Tea at The Mezzanine CZafc Bar from now until 31 December 1999. Noon to spm (last order) daily Reservations: 831 6286 -gh I -I <77<0VfWI MH —J 333180 words
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Page 31 Miscellaneous
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Miscellaneous982 1999-12-15 31 ItlllitfllfiTTSaM^—^—■ m death, while Andy and Head Father. LOO Bisnes Malaysia. M r®« Arthur try to help Do- SJO Healthy Eating. 2.02 Primarama 3.00 PM TV Innovations. man with his drinking 545 Orange Road. 3.00 Fajar Kurnia. 4.00 Kidz Blitz: Sesame problem. 0.00 See Thurs schedules. 440 Berita. Street. 12.00982 words
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Miscellaneous246 1999-12-15 31 CRYPTIC CROSSWORD ACROSS 5 It can even be part of a steeve--1 Belonging to the second person J® 88 garment (7) of times past, say (4) 6 One of a band of criminals goes 3ls taking time in the wind ex- f*** 1 Border three t ***** tremety agitated (10)246 words
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Page 32 Advertisements
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Advertisement278 1999-12-15 32 ?r -IE«A —a* r.-Jff^n.^^Sifcf^% I flffl lAft I 111 (Vflfv ft »U«*M tMII *USMI# than you think. ■<.. m .•■*•> tjtjrs- I ■■< "•fe*"',- >m 4 T I:<"■": *m ■•'*>■-!.- 7 r eTravel eLifestyle •>» ►< > <r■».<• <41ik*- v- j 11 ~'W 1 'T* A A I >' .Jb278 words
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SHIPPING TIMES
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Article303 1999-12-15 33 Bridge News, Reuters THE dry cargo freight market got off to an exceptionally quiet start to the week in which capesize conditions were broadly unchanged but with a notable lack of inquiry for Atlantic panamaxes, brokers said. The Pacific was also said to have been quiet for panamaxesBridge News,; Reuters - 303 words
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Article273 1999-12-15 33 NcM St INI CWT Distribution 1.23 0.01 48 ChuanHup a42 -0.01 7442 CoscohvMtimnt 1.14 -0.03 104 Fr*lgMLWu 0.29 -0.01 374 G8 Holdings 088 -0.01 9 Hal Sun Hup 0.81 -0i04 1306 IMC HoWWkji-HK 5.60 unch 0 Jaya Holdings 1.16 -0.03 374 Jurang Shipyard aOS 0-20 141 KappalCorp 4.02273 words
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Article, Illustration545 1999-12-15 33 Ann Toh - TDB assures that Trade Net is Y2K xompliant, prepared for glitches By. Ann Toh [SINGAPORE] The Trade Development Board (TDB) has assured the trading community that it is taking no chances with the Y2K bug and that it has a back-up plan to545 words
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754 1999-12-15 33 Seafarer - STRAIT TALK By\ Seafarer HELMUT Sohmen, chairman of World-Wide Shipping, is no stranger to controversy and last week he was being controversial. Metaphorically speaking, he threw a bucket of cold water over the idea that Asian shipping has its own distinct754 words
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Article, Illustration83 1999-12-15 33 [PANAMA CITY] Panamanian Deydamia Urriula puts flowers at the Panama Canal's Miraflores Locks, ahead of a ceremony marking the transfer of the Canalfrom United States to Panama. Heads of State from six countries were to attend the ceremony yesterday, as well as former US president Jimmy Carter,AFP - 83 words
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272 1999-12-15 33 Marcus Hand - Locally-based firm acquires Italian shipping company By: Marcus Hand [SINGAPORE] Locally-based Sea Consortium, managing agents of X-Press Feeders, will be moving into the Mediterranean next year with the acquisition of Italian shipping company Sea Med Link (SML). The acquisition marks the first foray for Sea272 words
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PORT Shots
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Article54 1999-12-15 33 [LONDON] The Chinese government has suspended the operations of Yanda Ferry Shipping until a set of tough safety standards have been met. The action came following the sinking of the Yanda-owned Dashun with a death toll 0f276 and the loss of another of its ferries, the54 words
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Article59 1999-12-15 33 [LONDON] Fourteen crew members were rescued from the 8,224 dwt 1990-built bulk carrier Palatin after it began to take cm water and sink 200 km west of the port of Vigo. Spain. The Antingua and Barbuda-registered was carrying a cargo of aluminium rods which shifted, causing59 words
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PORT of tanjung pelepas
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Article, Illustration638 1999-12-15 34 New Johor port seems a threat to Singapore but both can co-exist in competition, says a Singapore academic Bernama [KUALA LUMPUR] THE new Malaysian Port of Tanjung Pelepas (PTP) in Johor appears to be an immediate threat to the Singapore port although both can co-existBernama; FILE PHOTO - 638 words
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Article306 1999-12-15 34 PAGE ECL 4 AM. 3 ECUUne 6 Accord 8 ESJ» Lines t3 Ahrenfctel M £»«green 6 Appenship 5 'ooogSun 8 AsiaOCL 13 Frt Links H Austral 8 L Avant 14 Gemartrans 6 8 tang Mas 8 Genshpg 13 BSA 7 G total 13 BTl M Glory Nav306 words
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Article19208 1999-12-15 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 2*/H 20/01 MOl SAO PAULO CHALLENG 7J05A 65-******6 To ABIDJAN (ABJ) 2003 Cote D'lvoirc 29/u 21/01 csav csav Singapore ous *5-*****5519,208 words
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SHIPS IN PORT
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Article657 1999-12-15 47 Vessel Voy Ho Berth Arrival Departure 8t 08 4269 JOt 'wOTtM M/12/1400 0 SeiaMera *****9 J03 14/12/7:10 14/12/23*0 g t S 8ar<*a2 n299 JOI 14/12/8:30 1412/23:59 8, Pyt 88 ***** JOI (4/12/8 20 15/12/23:59 C Prowess MOCC J09 14/12/8:40 14/12/1500 Pic Br*)"}* 2 J08 14/12/9:10 15/12/600 Bt Mus657 words
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Article1987 1999-12-15 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booktnq/Bdltnce Rstls Ship Voy No Etb/Btr Portod From To From ac,h*scu5 mm wh a w* j£« APV GARNET 15/2000 a .WOO S J M/OTOO M/1159 M/MOO 4 M/1200 M/M59 M/T700 8 OAHUA 9947 >6/15:00 2* UflTOO M/0659 M/0900 2V U/I7W)1,987 words
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Article216 1999-12-15 47 Dec 23 Japan: Kmperor's Birthday. Deo 25 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 Day. Deo 20 Australia: Boxing Day. Canada: Boxing Day. Denmark: Boxing216 words
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Article808 1999-12-15 47 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 individual808 words
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Article438 1999-12-15 47 180 Max 992.1 2.3 Ml O.tl 79 0.09 Ptc9 Qwritr Wat* *Mm Art UmMtm SWI~«t E25 J jjj 0 .02 MO M« 990.8 14 »J 0.12 67 0.04 M/W3 %»/V »M/w Wo abow G3S 0 1 0 0 0 0 ISO/Cimac Limits Soec E25 991 i!o438 words
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AIR & LAND transport
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481 1999-12-15 48 Loss-incurring Japanese carrier aims to reduce interest bearing debt Bloomberg [TOKYO] Japan Airlines, Asia's largest air carrier, said it reduced its stake in DHL International Ltd to 6 per cent from 26 per cent to generate funds to improve its financialBloomberg - 481 words
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Article, Illustration309 1999-12-15 48 Bernama [MELBOURNE] Qantas has warned that Australia could end up with no domestic airlines if the Australian Government pushed aviation industry competition too hard. Qantas's chief executive James Strong said Qantas was still considering its response to the planned entry of VirginBernama - 309 words
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471 1999-12-15 48 Domestic airline hopes to acquire up to 25 small aircraft Reuters [NEW DELHI] India's Jet Airways said it hopes to boost its fleet by 20 to 25 small aircraft in the next five years, to enable it to fly to more small towns andReuters - 471 words
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Article, Illustration458 1999-12-15 48 Reuters, Bloomberg (SINGAPORE) Northrop Grumman Corp sees signs of renewed Asian demand for air traffic control systems and military defence systems upgrades, as the region's economies begin to expand again. Northrop Grumman, the US maker of B-2 Stealth bombers, saidReuters,; Bloomberg - 458 words
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276 1999-12-15 48 Bloomberg [TAIPEI] Taiwan expects to reveal the identity of a foreign strategic partner for state-run China Airlines Ltd next Wednesday, said the foundation that holds the government's 71 per cent stake in the carrier. The China Aviation Development Foundation has beenBloomberg - 276 words
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Article1737 1999-12-15 48 CITY FLIGHT ETA FLIGHT ETD AM230 IMS Hwkx VK741 I3» VNS0742 0905 LH6381 1905 aa tm nam m kmttriim KL0843 0525 KI.0838 2335 NMfM MI891 THO MI892 0735 GA975 1210 AM328 2345 TMW BO IMM IK ****** 535 SO328 2345 Wr«M— StW9 WO StWO PCS Anchor*9*1,737 words
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Advertisement264 1999-12-15 33 Tg Petopas Singapore port can co-exist p g 2 JAL sells 20% off DHL Stake Backpage M TODAY'S TECHNOLOGY f r 'esT^V z*o.n n 9 [SERVER 1 Sysdecos \Ca// u a day/ Acer Altos 1100 t E-Solution* N °*jJ I workstation I i ~~l AcerPower43oo I 1 86g^sBI;^ A network264 words
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Advertisement1239 1999-12-15 34 I NORTH AMERICA 1 I EXPORT I I OTHER DESTINATIONS 1 SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARQARITA SERVICE) vor hssm umkkm muas mouskm okmo nmtcm wkootT vtssa voy Ml'l n.awmi| aouibu smiomkzo combo h cauma! MBMvamMA I smm«b anasrot isesT" n/u "nTii1,239 words
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Advertisement688 1999-12-15 34 Line# services represented (HKnV Members 01 Regtstry of Accf drt d Shipping Agents. Sfeoce National Shipping Assoc Members o< the Singapore Freight Forwarders Association ULY UNE MALE Ivissil VOY Itt m HA p. Kumc srotE mil Princess Lily V 1199 17/12 19/12 26/12 Empress Lily VOlOO 03/01 05/01 16/01 Princess688 words
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Advertisement1079 1999-12-15 35 TO EUROPE FROM EUROPE [vissa voy sk mi anr ham hv sou fit uh Ivkse voriwwimiißfMMm la sw HY BARON 323W H/12 08/01 05/01 04/0103/01 OK SSM 27/11 24/11 25/11 22/H I*/12 mnun ot/w 17/12 02/01 04/01 07/01 00/01 aplkar 1 *****5/11 27/11 30/1124/1111/12 HY EMPTOR 322W 20/12 06/01 01/011,079 words
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Advertisement1973 1999-12-15 35 OHANJIN SHIPPING likFl AfcMpLw -Mb *****30 IMBM SHIPPING (S) PTI LTD i—* am MOtMG *****3S 737 SMB *****74 73> OOCUNHIT *****71 774 OfHUTIOMS *****50 7SI m> IM 777/055 HJ 777WW aRO IIS34MQOOM TO NW USA A CANADA USA CANADA* fm va/vor mm sm um haui/vot su nw o» rax oi1,973 words
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Advertisement372 1999-12-15 35 FULLY COWTAIWHIIP PBPICATIP tiKVICiI VBSfl. VOT_ _SW_ PI6 WT SIX HK6 ffl. IKK PUS p£ .1 VOT ISI 1 PI6 I j£-| AQ ULT J*™. Ml 1- 18MP 1 0!U I !i/li I 034S 117/Ifnj/Tlj IMKIBUW6 917S 11/11 14/11 ***** IS/11 19/11 11/11 H/ll 14/11 pTC HOWGKOWE 91ft I 19/111372 words
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Advertisement1517 1999-12-15 36 DSR-SENATOR LINES TO UK/CONTINENT TOMEDfTERRANEANCANADA VtSKI |WW SIN LEH HTM AMR MOT SHV FU MOT. WW «W tIT TO *C UTII POTSOAM HO3W 1312 Mil 00 01 12 01 03 01 06 01 CHOYAMG SUCCfSS 0041* 17 12 dOl 06 01 07 01 00 01 10 01 HAHJM COIOMO 0034W1,517 words
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Advertisement878 1999-12-15 36 MAC-NELS STunc M'SIA Carrier: MN Cunin LINES, MC p. qudanq: <ot) smstm l~l\r/V~ J omaonaormeai SBU: (0b4)31<179 MANLA: (OZ) *****34 V w PENANQ: (04)*****36 BANGKOK: (662)*****67 SURABAYA: (31)*****11 P. KELAWQ: (03)*****77 JKT (21)*****46 KUCMNG(062)*****1-3 r IQUIQUE MV "KUO CHIA" V. KU 902N ETA SIN: 21-12-99 PLS CALL: 220 2022 XIUHUA/CYNPI/CALLY878 words
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Advertisement612 1999-12-15 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VatMl S PORE N SMfVA COLOMBO PKLAM6 TARPON SILVER VIMW 17 Ott »DEC 28OEC 02 JAM CAPE CANAVERAL VIISW 2«DEC K JAM MiAN 14 JAN TULSIOASV.IU 02 JAN 10 JAM ujah 11 JAN TARPON SILVER V 10M( 03 JAN 12 JAM 11 JAN 21 JAN612 words
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Advertisement1842 1999-12-15 37 [vessel voy khh hkg sin pko pqb pxb pmm IBA I BIK IRAN BAAKERI PCL-132 08/12 10/12 14/12 15/12 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 24/12 28/12 29/12 07/01 08/01 00/01 11/01 13/01 IRAN BAABAEI PCL-1351,842 words
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Advertisement1207 1999-12-15 37 20 DCC *9 EVEKY MONMY 1 TO LONOftUCI -It MYS I TO OAKUM 11 MYS J I GENERAL AGENTS IN SINGAPORE 80 RORINSON RD TEL 226 1900 FAX: *****0R OUTWARD (l/l) I COSTAR SHIPPING PTE LTD #12-00 SAUS/BKGS *****57/43 INWARD OEPT (O/O) *****85 COSTAK AGENCIES (M) SDN BHD CR NO:1,207 words
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Advertisement891 1999-12-15 37 EUROPE EXPRESS SERVICE export import ISmMA pw: 21/12 ||S|" om" o||jj pjj jpj J ACOfTK (AEGOES TO t NMEt I)—L MI—IWL EKHCOH ST lIIIEHMH VIANMI7) WW WAET» TRANSPACIFIC SERVICE EXPORT ~ni —tnutn/n coniesmi t/s on hj nnsntuissirraw*n/i? IMPORT VESSa I VOT $M LGO OAX iMWrnOMOBift'VESSE VOT LGO OAX UN MOW891 words
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Advertisement1367 1999-12-15 38 EUROPt/UK/SCAHDINAVIA/FINLAND/RUSSU SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HOC PKI I SGP E. DECENT RW-012 11/12 0601 1201 08/01 10/01 11/01 ***** E REFINE RE 023 25/11 27/11 26/11 21/11 30/11 19/12 E. DUMONO RW-011 25/12 13/01 19/01 15/01 17/01 10/01 10/01 E ROYAL RE 0451,367 words
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Advertisement799 1999-12-15 38 jSggpif PACIFIC INTERNATIONAL UNES (PTE) LTD ifc 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 ivKsa VOT m m wa w w w m rw a I WMGATHATAJ 3 445 14/12 14/12 24/12 2/1 7/1 13/1 14/1 I utti AiKTIAiU 547 i«/i2~ JEEZ SZB 1/1 i/1799 words
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Advertisement462 1999-12-15 38 sa TELOK OLANGAH ROM) N2-02 OTIPORT CWTRE STORE N6S2I TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTVUTXM NABUKWA 4MB VMM I*l2M PKL BMAWMUNTOK lIMAMUI 1V99 VMM 17/12 M MALAYSIAN PORTPONTIANAK MABUKWA 4MB ZM2M 2M2M PALMAN&ntL OALANMUNTOK For enquiries and bookings please462 words
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Advertisement397 1999-12-15 39 BSA A. MYANMA wßm. FIVE STAR UNE (MyaNNrar National Um) Loading far Yangan (Rangooa) VESS& VOY UN PKL PEN PGU MON6LA UN SIB MAWLAMYWf I7W 17/12 MALAYSIA AGOTS: MUSTtAO SUPPING AGENCIES KNL IB (83)*****60 Pit: 1H (OI) *****01 PEN: TEL (04)*****42 PGU: TH (07)*****21/4 BANK LINE (A urtkt §9 Udrtw397 words
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Advertisement1228 1999-12-15 39 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Ivpsb voTisiisail lalnwl ant I ham I»v I fb Ivtssa vor|»u|ißi|WM|AiiT|iMM|Mv|ia|SM HTIMON J23W 14/1J 03/01 01/01 05/01 oft/01 HOI KB 01JI 17/11 »/ll 11/11 73/11 IS/1J mom oitw i;/n 07/oi os/oi 02/01 o«/oi bm ss« a/11 27/11 */n 21/11 u/12 HYEMKSOt 322W 20/12 05/01 M/1,228 words
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Advertisement1091 1999-12-15 39 WALLENIUS WILHELMSEN TO NORTH AND UTMAMUKA *CA* R0«0 HUVTUn StltVKi" I VESSEL VOY RAMP HEIGHT SIN UU CRI MU SAV ML OCF NYC NEW HOC TARONGA AHOOI 4001 MS 6.3 M ~257TT 25/01 03/02 06/02 01/02 IoToTnToT 13/02 VTW 10/02 TAIRO AHOO2 400 IMS 6.3 M 13/01 10/02 17/02 20/021,091 words
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Advertisement730 1999-12-15 40 BANOKOK/NAP TA PHUT/LAKM CHABANGj J AKAWTA/PAW J A NO VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN NANTABHUM" 474N In Pt 18/12 19/12 GURU BHUM 16QS In Pt 17/12 18/12 YANTRA BHUM 321N In Pt 19/12 BANI BHUM 137S In PI 19/12 MATHU BHUM 446N 18/12 22/12730 words
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Advertisement354 1999-12-15 40 INDONESIA NATIONAL LINE TO AUSTRALIA "T FULL CONDUNEW SERVICE va wr m <m m w m w w An tvorr m ii/ii n/ii v/n 19/11 si/i* maaum ii~ n/u oi/»i u/ii os/wi i/ii~ usugai wn w/»i 7i/w u/ii PtOWBSMi b7~ -N/M 14/11 14/01 it/oi ?l7>l FEEDER SERVICE TO INDONESIA va354 words
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Advertisement759 1999-12-15 40 I VESSELS VOT 8N I PKL I JB) MLA L&t RTM HAM OPT VOIEOEMMAOSA V3SW 21/12 22/12 30T12 ttW QBAM 11/01 12*71 14*71 15*71 VOLE OE TANYA T3SW 28/12 Wg 07/01 12AM 17*71 10*01 2M71 21/01 23*71 VOLE DE TAURUS A3SW Q4AM 06A)1 14A71 16AM 23AM 2BAM 27/01 20*71 3M71759 words
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Advertisement55 1999-12-15 41 New Advertisers/Services/Agencies LINE Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily Wallenius Wilhelmsen New Europe To MIDDLE EASTI S.E. ASIA service 11 Pg 7 (Barwil) FAR EAST EUROPE FAR EAST MED FAR EAST USA FULL CONTAINER EXPRESS SERVICE Turn To Pg 5 CB China55 words
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Advertisement46 1999-12-15 43 (Retrieve more schedules!) Press "1" -JE\ Select the port and key in the four digit code eg: To New York (NYC) 2275 STorj% Key in your fax number Mv ST(pjjEnter your phone number Another innovative service offered by document Will be Shipping Times !3£/tt x S;ss£«46 words
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Advertisement741 1999-12-15 45 SSAMUDERA SHIPPING LINE LTD 71 Aim Rm4, *04-01 03, Siefepwe *****1 MAM UNE/OUmUO: 532 Ml INWMD (0M»: 437 23*1 MPOtT STATUS (WO): 437 2371 INVENTORY (DID): 437 2420 VMnito http://www.MMMUra.CMH MO. 1047*******0 BOOKINGS UNI: 535 6266 (C»lki/Je«ska/M«i Chon/J»»lynn/Porq/Honim) EHUBEESGSEBM 8 SLGS/WEEKLY J!M3 SIGS/WKKLY irasa vot si jak Ivtssa vot sw741 words
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Advertisement1015 1999-12-15 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWO I IMT I 1 roc Icm 1 ton 1w I HYI I Qtt luv 1 I Tin I HOti m MNHIVA /0054 \J/\7 23/1? 20/12 20/12 M/ 0» 81/OL Jl/OI 10/01 15/0? 11/02 21/02 24/02 20/02 05/03 HOfGH Dfi /OSS4 10/011,015 words
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Advertisement567 1999-12-15 45 #n ENG LIE SHIPPING CO PTE KID MVA Ms 533M7S (4 Um| to JUNM/UNNt I T" ateiimmim Vtssa VOT SIN Ftt SMETV KSTVUHON DwDoyo 16/99 15/12 17/12 Dum/batt/P to Gando It! 11/99 18/12 19/12 xkm OecMituegos 7/99 19/12 20/12 Sunto* Unon Sw 20 9/99 20/12 21/12 Jnkanc Sm Central 17/99567 words
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Advertisement623 1999-12-15 46 I VESSEL VOY TIGER ISLAND 758N 23-26'12 31-31/12 I TIGER RHYTHM 759N 21 22/12 26-30/12 04 05/01 I TIGER BRIDGE 760N 24-25/12 30-02/01 07-08/01 I CAPESORRELL 761N 28-29/12 02-06/01 11-11/01 I TIGER ARROW 762N 02-02/01 06-09/01 14-15/01 I TIGER RHYTHM 763N 04-05/01 09-13/01 18-19*01 I IVESSE^^\/O^^Sl^^CA^^Sl^^l HARIBHUM 920 16-17/12 22-27/12623 words
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Advertisement890 1999-12-15 46 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: fle si n@sing net.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG SUVA NOUMEA MALTA SANTO DOMINGO PLEASE CALL OUR TOLL FREE 800-*****66 FOR BOOKING PROJECT890 words
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Advertisement1261 1999-12-15 46 F K M*,t~*ry*l437tlso Q Yitkitir. http://ww**tdxm IQCTIIHIttMW iltsd w ia 01 MEN M HQU I I*s .**iw01 ia w ooaiAMM3kssi »pi 31/12 os/oi oa/oi 04/01 05/01 I ££mminmi jm 01/12 ov!i !K!i HYICASTOt 1505J 72/1? 07/01 12/01 IVW 13/01 12/JI 0«/U *fl2 OOQUmw 3CKS3 21/12 14/01 H/OI 20/01 10/01 IMI1,261 words
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Advertisement29 1999-12-15 47 Sailing Schedules, to Asia More. Any destination, any time. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered by THKBinNKSv'I'IMKS Shipping Times29 words
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Advertisement111 1999-12-15 48 ANNOUNCEMENT I We wish to inform the shipping community that with effect from 1 January 2000, The Malay States Shipping Co Pte Ltd will cease to act as agent for Yangming Marine Transport Corporation. All present personnel will continue to provide the best service under the following companies: SINGAPORE Yangming111 words
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