The Business Times, 15 February 2000
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2000-02-15
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The Business Times
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Title Section12 2000-02-15 1 THE BUSINESS TIMES 85C SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY. FEBRUARY 15. 200012 words
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Article54 2000-02-15 1 □m %»J«<+l.24) ■VBT-SKI U B8J8(+11.29) PISDBCIFtmJIES U 2MJO (+3.50) STOCK MAKET INDICES Monday Change KLSEOOMP ma -LB NIKKEI 1MH-M— RANG SENG 17,188* —If L* SET INDEX 447* -8* JAKARTA COUP I* MANILA OOMP _Lf7174 -*.47 TAIPH WPl W7I.«—-»7a SEOULCOBP MM7 4U» CLSA CHINA B AUSTAIA08D _J.UU -»LB lias54 words
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Article69 2000-02-15 1 FOREX BATES USS 3S USt 1JB £(USS/SSperS)— 1J» tm En»(U8*/S*/E) 1*8 1172 DM U» YEN 1«J— IJtt* RM tm 9.446 HKS 7.781 UI8 BAHT *7 M 9.946 RUPIAH 7J»—W»* •stumuna PU1IB BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA Jf.60 BANGKOK .9.50 MANILA 11 00 HONGKONG 8.50 TAIPEI .7.84 SYDNEY69 words
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820 2000-02-15 1 Catherine Ong - Sing Tel, CyberWorks keen to debnnk mmonrs they sought each other oat By Catherine Ong [SINGAPORE] A three-way merger between Singapore Telecom, Pacific Century Cyberworks and Cable Wireless HKT is not on the cards, informed sources said yesterday. Indeed, both Sing Tel and820 words
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717 2000-02-15 1 quak hiang whai - PI >:»■ li lock siew quak hiang whai WHAT appeared at one stage to be a done deal—the proposed merger between Singapore Telecommunications and Cable Wireless HKT —now looks increasingly as if if 8 been done in. So for, Sing Tel has717 words
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Article, Illustration63 2000-02-15 1 Some of Malaysia's best-known bankers regain control of their banking empires Azman Hashim of Arab-Malaysian sits atop a banking entity that will have assets totalling RMso.l4bn Rashid Hussain of RHB Bank his anchor bank will have total assets of RM46.l3bn Quek Leng Chan of Hong LeongCompiled by BT - 63 words
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629 2000-02-15 1 Eddie Toh - bttr Bank Hong Leong Bank among the 4 new additions From] Eddie Toh in Kuala Lumpur RHB Bank and Hong Leong Bank controlled by associates of former Malaysian finance minister Anwar Ibrahim have been given a reprieve. They and two other groups629 words
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Page 1 Advertisements
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Advertisement74 2000-02-15 1 nnapg Top stories Investors hail suspension of Gen Wiranto. Next Pmgm Guidelines on public offers of securities through the Net Mmxt Pmge Keppei Tat Lee profit jumps five times to record $260 m. Pg SembCorp Marine offering one-tor-one bonus issue. Pg Vickers Balias profit surges to $64m. Ex-NZ journalist named74 words
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Advertisement79 2000-02-15 1 More reports, Pg 4 9m- 1 *l Iw IB wi 4 r^^HHHpMHH 1 ni^HSoK^^^EIJBB^BHi You never PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it |i \^^?jl^M fl Mjl I for the next generation. Begin your own tradition. £4t Officer's Calatrava-ref. 5022 Roy Eastern Watch *0179 words
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NEXT page
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Article, Illustration757 2000-02-15 2 Shoeb Kagda - Peaceful resolution of standoff will ease fears over military backlash: analysts From Shoeb Kagda in Jakarta IN a dramatic midnight turnaround, Indonesian President Abdurrahman Wahid yesterday suspended military strongman Gen Wiranto for his alleged role in the human rights abuses in East Timor lastAFP - 757 words
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Article190 2000-02-15 2 Malaysian bank groups after their mergers ASSETS (RM billion) Maybtik 7&41 Mayban Finance 22.04 Pacific Bank 11.00 PhileoAJIied Bank 10.36 Aseambankers 3.94 Kewangan Bersatu 2.43 Sime Finance 1.53 Bumiputra-Commerce Bank 62.11 Commerce Int'l Merchant 3.49 Arab-Malaysian Bank 11.99 Arab-Malaysian Finance 15.52 Arab-Malaysian Merchant Bank 14.05 Bank Utama 7.14190 words
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ON THE grapevine
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Article127 2000-02-15 2 BARRON'S Alan Abelson, in his Jan 31 column, said he was extremely disappointed with President Bill Clinton's State of the Union address. It wasn't what he said; it was what he didn't say. "The very title of the address the State of the Union was127 words
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Article89 2000-02-15 2 A CHINESE mainland woman had her dream of becoming Miss Hongkong dashed when she was detained by border guards for possessing bogus travel documents, reported AFP, quoting Chinese newspapers. The 25-year-old woman from Fuzhou, identified only by her surname Zheng, was arrested on Sunday for89 words
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468 2000-02-15 2 Soh Tiang Keng - Measures deal with regulatory issues, inclnding access to electronic prospectus By\ Soh Tiang Keng [SINGAPORE] The Finance Ministry, the Registrar of Companies and the Monetary Authority of Singapore have jointly issued guidelines on the public offer of shares, debentures and unit trusts468 words
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Article, Illustration333 2000-02-15 2 Kalpana Rashiwala - l-f exclusive PEOPLE By Kalpana Rashiwala [SINGAPORE] Raffles Hotel's formex a ward-winning food and beverage direc tor Manvinder Purl is joining The Fuller ton Hotel as its chief operating officer. A US citizen, Mr Purl left Raffles Inter national in 1966 as333 words
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Advertisement21 2000-02-15 2 The Straits Times Jfe Classified where ft virtually I J everything is at your J fingertips. Vl*; J hyk.Mk.FMk. M J21 words
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Advertisement191 2000-02-15 3 AVewards come easier now with Asia's most exciting travel reward programme. Enrol in Asia Miles between 15 February and and 31 May 2000, and you'll enjoy sweet rewards such as 3,000 bonus Asia Miles (in addition to your normal accrual) as well as a chance to fly to Hong Kong191 words
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TELECOM tussle
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Article, Illustration623 2000-02-15 4 Meera Tharmaratnam - 'Talk of a merger with CyberWorks has driven takeover target's market capitalisation to USs4lb from USs2Bb, raising the cost of acquiring it Reports from) Meera Tharmaratnam in Hongkong SHARES of takeover target Cable Wireless HKT yesterday rose 21.9 per cent to HKJ26.40,Source: - 623 words
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Article, Illustration758 2000-02-15 4 RICHARD Li, the 33-year-old billionaire entrepreneur behind Pacific Century CyberWorks, has a vision for Asia. A big part of his plans involves building an Internet empire that will span China to India, covering 110 million households, using the model he first developed when he758 words
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293 2000-02-15 4 Eugene Low - By\ Eugene Low [SINGAPORE) The proposed merger between Singapore Telecom and Cable Wireless HKT is a commercial venture not driven by any political agenda, said Lim Swee Say, Minister of State for Trade Industry, and Communications Information Technology. "This is a purely business decision,"293 words
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Advertisement414 2000-02-15 4 "im HI You can make a killing right here, right now. For just $22.10 per month, you get a full year's subscription to ine OUSUQCSS ll UTICS DIUu The Business Times (usual $265) and 26 Issues of Forbes Global ($273 newsstand price). That's right, you save a whopping $273. Double414 words
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Advertisement303 2000-02-15 5 Saiv- fcfr. MSB: n LJ IS P^ b **HbßlSi4mSsL f lu 1 ft[H 'Tjni|BPjgrnKTr^lr ;ZtjT B B&&* **ffium*m 1 »ir "i v lIIPW J u^^Brf By jjs^^ympf!■ HsliSSill t®F I H^^^B gMfc. 4jr;! >oS?T (&-ideas Nokia 7110 Phone up your world wwwherever you are with Sing Tel Mobile 0-/rfeas Now303 words
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SINGAPORE companies
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Article, Illustration704 2000-02-15 6 Siow Li Sen - It proposes final, special dividends of 11%; plans to boost shareholder value Reports byi Siow Li Sen KEPPEL Tat Lee Bank (KTB) yesterday posted a record net profit of $260 million for the year ended 1999, up nearly fivesSIEW YAW HOONG - 704 words
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Article, Illustration584 2000-02-15 6 AIB to help KepTL Bank in consumer financial services, treasury and private banking KEPPEL Tat Lee Bank (KTB), fresh from integrating the Irish into its operations, is all geared up to increase its market share and will be launching several new products thisSIEW YAW HOONG - 584 words
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721 2000-02-15 6 Conrad Raj - Earning up just 10%; flat results seen this year Imt outlook next year is positive By i Conrad Raj SEMBCORP Marine (previously Jurong Shipyard) is seducing investors with a one-for-one bonus issue and a 20 per cent jump in dividends despite results721 words
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Article, Illustration629 2000-02-15 7 Ven Sreenivasan - Vickers Capital contributes $64m to revenue and $15.7 m to earnings By Ven Sreenivasan FINANCIAL group Vickers Ballas has bounced back strongly, thanks to writebacks, higher stockbroking income and contributions from its investment unit Vickers Capital. The group, which is dueSIEW YAW HOONG - 629 words
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Article, Illustration328 2000-02-15 7 Toh Han Shih - MoreSewards.com to expand loyalty card plan in Asia w Toh Han Shih MAINBOARD-LISTED Kian Ann Engineering will acquire a minority stake in an Internet company, Moreßewards.com Holdings, Kian Ann group general manager Chew Thiam Keng told BT yesterday. Kian AnnFILE PHOTO - 328 words
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182 2000-02-15 7 Andrea Tan - By. Andrea Tan UNITED Overseas Bank said yesterday it would set up an Asian real estate fund with a unit of General Electric Capital, the world's largest non-bank finance company. The joint venture with GE Capital Real Estate was "to acquire real182 words
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COMPANY Briefs
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92 2000-02-15 9 MAGNECOMP International has replied to the Singapore Exchange, saying that its directors are not aware of any material information or circumstances which could have led to the sharp increase in price and trading volume of the company's shares yesterday except for a certain92 words
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112 2000-02-15 9 DATACRAFT Asia said its wholly-owned subsidiary Datacraft Co mm is Network Inc has been awarded a US$25 million (5542.3 million) contract from a leading telecom service provider in Korea. Under the contract, Datacraft Commis will design and implement a high-speed communications network that will enable112 words
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Article, Illustration96 2000-02-15 9 KUANTAN Flour Mills, which is listed cm the Kuala Lumpur exchange, has appointed former Malaysian deputy prime minister Ghafar Baba (right) as its new chairman. It has also appointed former Malayan Credit director David Chan Poh Leong, a Singaporean, to its board. KFM, which96 words
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101 2000-02-15 9 FORM Holdings is winding up two of its overseas subsidiaries—Form Music Publication (HK) and Form Records (Taiwan). Presently the company is in negotiations with various parties for the appointment erf new distributors erf its products in Hongkong and Taiwan. The company is also101 words
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Article47 2000-02-15 9 Corrections Clarifications WE reported on Feb 12 that Chan Shelt Tsong was appointed chief executive of Hwa Hong Corp. This is wrong. Mr Chan was actually appointed chief executive of Singapore Piling St Civil Engineering, a wholly-owned subsidiary of Hwa Hong. We are sorry for the error.47 words
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Article, Illustration372 2000-02-15 9 Teh Hooi Ling - $26m investment on Jnrong Island to meet need for more warehousing space iw Teh Hooi Ling POH Tiong Choon Logistics yesterday announced plans to develop a $26 million thirdparty chemical logistics complex on Jurong Island. The company said it had accepted an offer from theFILE PHOTO - 372 words
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Article176 2000-02-15 9 KEPPEL FELS, a wholly-owned subsidiary of Keppel FELS Energy Infrastructure, has delivered a rig, ENSCO 101, to ENSCO Offshore International Company. Keppel FELS undertook the engineering and construction and provided the rig's marine equipment The total value of the rig is estimated to be around176 words
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156 2000-02-15 9 ASIA-PACIFIC Breweries (Singapore) has invested $4 million to expand its brewery facilities. It recenUy installed three additional fermentation tanks at its state-of-the-art brewery in Tuas to brew Heineken beer. The expansion is to exploit the rapid growth of the Heineken brand in the156 words
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Advertisement180 2000-02-15 6 Since 1828 BOUSTEAD SINGAPORE LIMITED (Incorporated in the Republic of Singapore) BOUSTEAD SINGAPORE LIMITED (THE "COMPANY") ADJUSTMENTS PURSUANT TO A SHARE SPLIT To: Holders of Warrants (as defined below) Notice is hereby given that in connection with the subdivision of the shares in the share capital of the Company by180 words
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Advertisement64 2000-02-15 6 The Partners of Egon Zehnder International are pleased to announce the election of Davy Lau to the Global Partnership EGON ZEHNDER INTERNATIONAL PTE LTD 6 Battery Road 17-01 Singapore *****9 ezispo re@singnet.com. sg Asia Pacific Offices: SINGAPORE KUALA LUMPUR JAKARTA HONG KONG SHANGHAI TOKYO NEW DELHI MUMBAI SYDNEY MELBOURNE Buy64 words
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Advertisement949 2000-02-15 7 TRANSMARCO^ TRANSMARCO LIMITED Incorporated tn the Reputtic of Singapore) NOTICE OF CLOSURE OF REGISTER OF MEMBERS AND SHARE TRANSFER BOOKS THE PROPOSED RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 13,750,000 NEW ORDINARY SHARES OF $1.00 EACH ("RIGHTS SHARES") IN THE CAPITAL OF TRANSMARCO LIMITED ("COMPANY") AT AN ISSUE PRICE OF $1.20949 words
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SINGAPORE markets
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Article, Illustration204 2000-02-15 8 Ven Sreenivasan - WAKKAMT WATCH -By\ Ven Sreenivasan CM TELECOM, which is listed in both Singapore and Hongkong, was amongst the most active counters on the local bourse yesterday as it shot up 19.5 cents or 24 per cent to $1.02 on a204 words
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Article, Illustration568 2000-02-15 8 ven sreenivasan - comment STOCKS ven sreenivasan TECHNOLOGY and telecommunications companies were the flavour of the day, fuelled by speculation of mergers, acquisitions and new business deals. Meanwhile, brokers said that there was indications that funds were starting to nibble their way568 words
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Article494 2000-02-15 8 Slocki Volume Victors Capital 25c 74,381,000 Fastech USlOc 41,819,000 HotunglnvNT5 38,052,000 Eastgate 10c 22,777,000 KianAnn20c 21,628,000 Datapulse 5c 21,190,000 *TanChonglnt50c 16,437,000 KjngboardUSIOc 16,172,000 SingTel 15c 15,648,000 ChuanHup20c 14,569,000 Stock* Vickers Capital 25c .83,455^553 DBSQrp 83,059,132 SingTel 15c 42,424,772 Fastech US10C 38,599,855 TACBt*****„ 33,037,256 NatEJeclOc 26,055,570 *TanChonglnt50c *****,990 OCBC..... 20,905,151 (JOB494 words
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Article, Illustration254 2000-02-15 8 Wong Wei Kong - HOT STOCK -By Wong Wei Kong SHARES of CM Telecom, which have a dual listing in Singapore and Hongkong, rose sharply in heavy trading on the Singapore Exchange yesterday, with the stock ending among the session's top gainers and most active issues. CM Telecom254 words
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Article166 2000-02-15 8 Mediaßing.com said Robert Chung has resigned as chief financial officer with effect from yesterday. His duties will be taken over by Pek Yew Chai, the company's chief operating officer. URACO Holdings said that as at the close of its rights issue on Feb 9, acceptances were received for166 words
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Article, Illustration358 2000-02-15 8 larry wee - l-l I comment CURRENCIES larry wee US STOCK markets continued to dictate the direction of the US dollar in Asian trading, with their 2 per cent falls last Friday dragging the currency lower in Asia yesterday. After three futile attempts to breakSource: Reuters - 358 words
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Advertisement266 2000-02-15 8 HP: NANYANG TECHNOLOGICAL UNIVERSITY f^S> MASTER OF SCIEfICE In collaboration with Carnegie Mellon University, USA Meeting the challenges of a dynamic and growing market In high-technology finance MAIN FEATURES OF THE PROGRAM A rigorous interdisciplinary program that integrates the technical and conceptual advances from Computer Science, Mathematics, and Finance An266 words
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Advertisement22 2000-02-15 8 ess to IPO placements. Just one more reason to join DES Investor Onl.ne Call us at 323-3955 to find out more ©DLSBANK22 words
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Advertisement374 2000-02-15 9 FREEHOLD INVESTMENT I OFFICE-LIKE FTY AT UPP PAYA LEBAR I 30% Sales Total Strata Area 34,348 Sqft I 6 units on grd fir with full glass frontage, 12 units on upp firs I Unit size range from 1,119 sqft to 2,885 sqft I TOP obtained in October 1998 CSC obtained374 words
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SINGAPORE news
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422 2000-02-15 10 ■B=*7=Ton the economy I trade outlook MOST signs point to continued, even stronger, trade recovery in Asia this year, but export prospects for 2001 are rather more doubtful, says Political Economic Risk Consultancy (Perc). In a recent report on the near-term trade outlook for422 words
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Article, Illustration268 2000-02-15 10 PXSOPLE CHEW Choon Seng, a Singapore Airlines veteran, has been appointed chairman of Singapore MRT effective today. He replaces Goh Kim Leong, permanent secretary for law, who is due to retire from the civil service next month. Mr Chew, who has been with SIA forFILE PHOTOS - 268 words
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Article43 2000-02-15 10 DEPUTY Prime Minister Lee Hsien Loong and his wife win leave for Brunei today on a two-day official visit. He wUI meet with Sultan Haji Hassanal Bolkiah, Crown Prince Al-Muhtadee Billah and Brunei's foreign minister, Prince Mohamed Bolkiah.43 words
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Article, Illustration392 2000-02-15 10 Eugene Low - Initiatives will make access more open, cut the cost of using broadband: Swee Say b$ Eugene Low THE government intends to introduce new initiatives later this year to promote the use of broadband Internet, said Lim Swee Say, Minister of State forFILE PHOTO - 392 words
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Article445 2000-02-15 10 Jeanette Pang - By, Jeanette Pang BUSINESS for life insurers in Singapore has rebounded handsomely, thanks largely to a dose of low bank interest rates in the local market. Sales of single premium policies more than trebled to $1.79 billion last year from $519 million in 1998, according to445 words
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268 2000-02-15 10 First phase enables download of data, patent renewals WITH the launch of ePatents, the Intellectual Property Office of Singapore's (Ipos) online system, on March 1, the public will be able to conduct patent transactions with Ipos through the Internet from the comfort of268 words
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176 2000-02-15 10 Anita Gupta Perth, Australia via Internet - MAIUSETH Anita Gupta Perth, Australia via Internet I HAVE read the letters on Clob from Andrew Tan ("Clob: Prepare to play hardball", BT, Feb 9) and Lim Chin Siew ("Don't fuel Clob misunderstanding", BT, Feb 10) with interest. Hmm, let's see now.176 words
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79 2000-02-15 10 Ronald Chong - Ronald Chong Manager (Public Affairs) Central Provident Fund Board Singapore PLEASE refer to the letter, "CPF fund transfer not within control? Try simple solution" by See Leong Kit (BT, Feb 11). We would like to thank Mr See for his feedback and assure him79 words
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Article84 2000-02-15 10 Peter Heng - Peter Heng First Vice-President Public Relations Advertising Division United Overseas Bank Singapore WE refer to Wu Pei Tong's letter, "Why can't UOB accept advance instructions?" (BT, Feb 11). We thank Mr Wu for his feedback and would like to assure our customers that we are committed to84 words
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496 2000-02-15 10 Teh Hooi Ling - By 1 Teh Hooi Ling SINGTEL Mobile yesterday announced that from next month, it will cut 45 per cent off the monthly bills of customers who have been with it for three years or more, as it signed up its one496 words
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Advertisement34 2000-02-15 10 I j# —-3 Hpi- I k Jg >. IUUUfII w «:M Relieves Your I Muscular Pain 4 Anytime, Anywhere I Now available at >. I all leading pharmaceutical outlets I I m 80ml I -=rlisamitsu §ZZlZi^|34 words
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FOCUS property
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415 2000-02-15 11 Andrea Tan - Byi Andrea Tan FIVE en bloc sites have hit the market with asking prices totalling some $290 million. Two are in prime areas Cairnhill and Orchard; and the rest in Serangoon, Balestier and Loyang. The freehold Venus Mansion in415 words
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Article, Illustration696 2000-02-15 11 lee han shih - l-i comment PROPERTY Many share investors were caught wrongfooted last week when they fell for talk that the govt would lift property speculation curbs lee han shih THERE seem to be as many gullible investors in the property market as there are en bloc sales.696 words
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Advertisement182 2000-02-15 11 AUCTION DM: 28 F«oru«y 2000 (Monday) 03 pm torn*: Grind fln Psrtroytf, Mroom 1, Lml 2 1) 54 Toh Tuck Road, #05-08 Signature Park D2l 2) 50 Toh Tuck Road, #04-05 Signature Park D2l 3) 52A Tdi Tuck Road, #00-00 Signature Park D2l 4) 41 Wan Tho Avenue, 013 5)182 words
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Advertisement124 2000-02-15 11 Inln# |M> i 11 ill m i Frank CTE, ORCHARD ROAD WOODLEIGH UPPER t DDI All C Mfrr A rKIIYIC X DEVELOPMENT SITE V WOODLEIGH/SENNETT MRT st. M Approx. 3,873.55qm/41,694 sq ft a TENDER CLOSING ft I pie V JbSEeSeerT 15th March 2000/3.00 pm I FUTURE SENNETT MRT JF ROAD124 words
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Advertisement273 2000-02-15 11 COLLECTIVE I 1 SALE UM MB Massive High-Rise IsssslpX" Development Site In Holland Area Existing development Marbella Court 7 \> pTsSiSSI* Land area 147,596 sq ft Freehold title Plot ratio 2.1, height restnction of up to 20 storeys. [Subject L Established schools such as Henry $1 /s\\ Park Pnmary School.273 words
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EDITORIAL & opinion
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Article, Illustration681 2000-02-15 12 shada islam - Will EU forget Asean as it woos Jakarta FfTTTqi bottom line OPINION shada islam The writer is a Brussels-based journalist who contributes to BT PRESIDENT Abdurrahman Wahid's visit to Europe has put Indonesia firmly at the apex of the European Union's Asia strategy. Hie Indonesian president's tour of the continent681 words
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Article112 2000-02-15 12 'It's like sleeping in a bad neighbourhood with the doors open.' -Sdv&tsSamp&th president of McAfee.com, the online site of anti-virus software maker Network Associates Inc. on the security of the Internet. 'In this day and age, you cannot kill hundreds of people, destroy a whole country and112 words
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Article613 2000-02-15 12 EDITORIAL THAT pie in the face for the outgoing chief of the International Monetary Fund (IMF), Michel Camdessus, may have been rude. But in a way, the incident is symbolic of the growing anger among developing nations against what they regard as the unfairness of the global economic613 words
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Article, Illustration980 2000-02-15 12 Will attempts to create an efficient market on the Web have any chance of success? The Economist THE Internet is often talked about as if it were a sort of electronic Utopia. So sooner or later, there was bound to be an InternetThe Economist - 980 words
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Article, Illustration850 2000-02-15 12 Stephen Roach - COMMENTARY US productivity growth is simply more and more work beyond office honrs By Stephen Roach The writer is chief economist and director of global economics for Morgan Stanley Dean Witter NYT THE United States ended 1999 on a truly spectacular note two consecutiveNYT - 850 words
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MALAYSIA news
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Article, Illustration481 2000-02-15 13 Sum said to have been paid to dummy firm in 1997 to win phone switchboards order AP [KUALA LUMPUR] Malaysia's national telephone company yesterday ordered a full investigation into allegations that it was paid 300 million yen (554.68 million) in kickbacksAP; FILE PHOTOS - 481 words
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179 2000-02-15 13 KUALA LUMPUR Bloomberg MALAYSIAN tycoon Samsudin Abu Hassan has quit as executive deputy chairman of Kejora Harta Bhd and is likely to scrap his planned purchase of a controlling stake in the property developer. The move comes after Kejora, seeking to venture into new businessesBloomberg - 179 words
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MARKET moves
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Article83 2000-02-15 13 DEBT-laden Intria Bhd shot up 36 sen on news that United Engineers Malaysia (UEM) had pipped two companies for Mekar Idaman's 45 per cent stake in the concessionaire of the Penang toU bridge. UEM, which used to control Mekar Idaman, beat two rivals with its83 words
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Article78 2000-02-15 13 TELEKOM Malaysia Bhd led declines among the large stocks, as investors switched to Internet-related counters, on expectations that the boom in technology businesses will boost earnings. Bloomberg reported that Telekom, the country's biggest publicly traded firm, fell 10 sen, or 0.6 per cent, to 16.90 Malaysian78 words
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Article47 2000-02-15 13 Eddie Toh - Compiled by Eddie Toh OSK gained six sen to 4.86 Malaysian ringgit in heavy trading on hopes that it will emerge as the country's top brokerage. The company is set to take over Johor-based Peninsula Securities and a few other broking firms.47 words
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418 2000-02-15 13 KUALA LUMPUR Bernama THE Multimedia Super Corridor (MSC) is seeing a definite escalation of interest with some 300 companies having been granted MSC status and another 170 applications are in the pipeline. Of these 300 companies, 187 companies are fully operational with a totalBernama - 418 words
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411 2000-02-15 13 KUALA LUMPUR Week of Jan 19-26 saw a net RM2b flowing into country Reuters FOREIGN investors pumped two billion Malaysian ringgit (SsB9o million) into Malaysian shares in the week of Jan 19-26 as part of a dramatic new year shift in their netReuters - 411 words
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207 2000-02-15 13 KUALA LUMPUR AFP JAPAN'S Matsushita Electric Industrial Co Ltd is to build a plant in Malaysia this year to make cathode ray tubes for flat-screen televisions, reports said yesterday. The reports in several newspapers, quoting company officials in Tokyo, saidAFP - 207 words
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Advertisement129 2000-02-15 13 October 28, 1999 US $575,000,000 Chartered smontetorMrutomg Shares directly or in the form qm American Depositary Sfaßres 553.344 per Ordinary Share US$2O.OO per ADS Sole Bookrunner and Chartered Semiconductor Manufacturing ifts Global Coordinator one 0 f the world's leading independent Salomon Smith Barney semiconductor foundries providing comprehlnsive wafer fabrication services129 words
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SOUTH east asia
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Article, Illustration546 2000-02-15 14 Vikram Khanna - Director-general says China could join world body this year By i Vikram Khanna THE World Trade Organization (WTO) does not want any taxes or tariffs on e-commerce transactions, WTO director-general Mike Moore said yesterday. Holding up a blank piece of paper, he said: "Here'sCHRIS LOH - 546 words
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476 2000-02-15 14 Harish Mehta - US, EU and the Cairns Group fail to reach consensus in Bangkok From Harish Mehta in Bangkok TALKS between the United States, the European Union and the Cairns Group were deadlocked yesterday over the contentious issue of trade in agriculture, raising fears that they would476 words
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439 2000-02-15 14 Harish Mehta - From Harish Mehta in Bangkok THAILAND was given an excellent report-card yesterday by former US secretary of state Henry Kissinger for restructuring its economy and steaming ahead to achieve growth rates that would reach the pre-cri-sis levels as soon as next year.439 words
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Article, Illustration535 2000-02-15 14 Harish Mehta - Wttok firm expected to begin work soon on Sih&noakville project From Harish Mehta in Bangkok MALAYSIA'S Ariston Sdn Bhd has revived its massive US$l.3 billion (512.2 billion) infrastructure project in Cambodia, the biggest foreign investment in the country. It is expected to begin work535 words
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Article, Illustration515 2000-02-15 15 Al Labita - Interested investors from Europe, Japan to talk to Estrada in HK: report From j Al Labita in Manila HONGKONG tycoon Li Kashing is among a group of foreign businessmen who are reported to be keen on acquiring the government-seques-tered 27 per515 words
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Article, Illustration458 2000-02-15 15 BANGKOK It posts bigger than forecast consolidated loss of 4.7b baht Bloomberg SIAM Cement Pel, Thailand's largest industrial group, fell to a bigger-than-expected loss in 1999 from a profit the previous year because of a decline in the value of theBloomberg; FILE PHOTO - 458 words
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Article, Illustration356 2000-02-15 15 BANDAR SERIBEGAWAN Shake-up at Brunei Investment Agency; chairman is replaced Reuters BRUNEI'S ruler Sultan Hassanal Bolkiah has drafted his brother to oversee a just-ap-proved economic blueprint and ordered a shake-up at the state investment arm managing the sultanate's wealth. Government officials said yesterdayReuters; FILE PHOTO - 356 words
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321 2000-02-15 15 MANILA Bloomberg THE Philippine Stock Exchange handed a thick report on alleged insider trading at online gambling firm BW Resources Corp to the Securities Exchange Commission, setting the stage for what could be another clash between the country's top regulator and itsBloomberg - 321 words
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Advertisement72 2000-02-15 14 m m ET A FREE COURTESY OF MOTOROJ I AND MONTH This promotion is only valid for customers who purchase a v 3688 Light Titanium, Galaxy Gray or Radar Blue phone with warranty coverage from any of the "participating channels. Promotion is from February Best Mobile Technology Tel: 252 377272 words
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Advertisement90 2000-02-15 15 ~h| K7H Buy a Galaxy Gray \v free Montblanc Mozart JW Notebook worth $150. You BLANC a draw to win I of 10 Montblanc Mozart Fountain Pens valued at $390. t#w' COURTESY OF MOTOROLA JE f LL\ AND MONTBLANC. :overage from any of the 'participating channels. Promotion is from February90 words
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EAST asia
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533 2000-02-15 16 Macabe Keliher - Sources say foreign firms will be allowed to land submarine fibre optic cables; analysts cautions From] Macabe Keliher in Taipei IN another step towards liberalising its rigid telecommunications market, Taiwan plans to announce in the next few days the terms and timetable for533 words
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644 2000-02-15 16 HONGKONG Convincing funds of its merits won't be easy: analysts Bloomberg PETROCHINA CO, a unit of China's biggest oil company, faces a tough job convincing investors to buy US$7 billion (5511.9 billion) of its shares as it begins the country's most ambitious attempt yet toBloomberg - 644 words
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227 2000-02-15 16 BEIJING AFP CHINA'S cash-strapped brokerages have been given the green light to use stocks as collateral for bank loans, official media said yesterday. The People's Bank of China and the China Securities Regulatory Commission unveiled rules on using stocks as backing forAFP - 227 words
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Article, Illustration410 2000-02-15 16 USHANGHAI WTO entry could let them set up own distribution network Reuters WHEN Kentucky Fried Chicken (KFC) imports french fries for its outlets in China, it takes three companies to get the food to the customer's plate. Tricon Global Restaurants, which owns theReuters; AFP - 410 words
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Page 16 Advertisements
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Advertisement975 2000-02-15 16 4 m CrJ JI Tat Lee Bank Keppel Tat Lee Bank Limited (Incorporated in the Republic of Singapore) The Board of Directors of Keppel Tat Lee Bank Limited is pleased to announce the following:1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 The Group The Bank 1999 1998 1999975 words
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SOUTH asia
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Article, Illustration86 2000-02-15 17 [NEW DELHI] Indian schoolchildren dressed as tigers leading a procession towards the WorldWide Fund for Nature office in New Delhi yesterday, in an effort to raise awareness over the plight of the Indian tiger. India's tiger population is down drastically toAFP - 86 words
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269 2000-02-15 17 NEW DELHI Bloomberg INDIAN software developers are expected to boost sales by 60 per cent this year as demand for computer services increases and more companies start doing business on the Internet. Software companies' sales are expected to rise to US$BBloomberg - 269 words
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571 2000-02-15 17 BOMBAY Contracts may be traded in mid-March, and may see SGX listing director Bloomberg THE Bombay stock exchange, India's oldest, will give investors the opportunity to protect against or bet on price changes through stock index futures contracts as early as next month, andBloomberg - 571 words
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462 2000-02-15 17 BOMBAY Higher trading profits to offset lower fees, income Reuters INDIAN banks' bottom lines will receive a huge boost this year from profits realised through trading in the government bond market, which has been unusually high on volatility andReuters - 462 words
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235 2000-02-15 17 KARACHI Bloomberg PAKISTAN'S central bank said the nation's economy slowed in the six months ended Dec 31, while its trade deficit swelled and lending to industries was half the level of the year-earlier period. The State Bank of Pakistan in a report on theBloomberg - 235 words
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243 2000-02-15 17 BANGALORE Measures include improvement of distribution systems Reuters INDIA'S southern state of Kamataka has kicked off a slew of power sector reforms which will be aided by a massive investment of 100 billion rupees (553.9 billion) over the next five years.Reuters - 243 words
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Page 17 Advertisements
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Advertisement34 2000-02-15 17 j •fcv- AH "to Just click www.wizoffice.com Jv WizOffJce.com Your OrWn* OMct Mart inn nun ,i, WAR»IOySE SPACE FOR A-Z Building For details, please call owner I Telephone 437 6853 437 6872 534 313234 words
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Advertisement148 2000-02-15 17 Cpewu'wfl ioo wtAcii Just dick www.wlzofflce.com (J J'J WtzOfnaß.com IpliPnere arela million ways the world^^^^^^H The International Executive MBA Program aflows you to earn an MBA from the famous CHICAGO GSB faculty. at our nsw Asian campus in Singapore. It apreade 16 weeks of study over 20 mortihs. so you148 words
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Page 18 Advertisements
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Advertisement385 2000-02-15 18 Pacific Internet it IKHHfT NASDAQ PCHTF The only I nter net Service Provider that |)dyS yOU to surf gPAC^ fUSEfII -corn www.pacfusion.com Surf at PACfusion.com and earn Atoms (points) that translate into Spend it anytime, anywhere YOU want within PACfusion.com on anything from n- travel, mobile phones, jewellery, art, flowers385 words
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WORLD news
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409 2000-02-15 19 LONDON IPO aimed for Jnne/July likely to be among biggest in Australia this year FT Reuters VODAFONE Airtouch Pic said yesterday it planned to float 20-25 per cent of its Australasian business around June or July, indicating that the stake could beFT; Reuters - 409 words
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428 2000-02-15 19 TOKYO '99 surplus affected by strong yen; first annual fall since '96 AFP JAPAN'S current account surplus dropped 22.7 per cent last year from 1998, squeezed by a strong yen, the finance ministry said yesterday. The surplus, which measures the flow of goods, servicesAFP - 428 words
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308 2000-02-15 19 WELLINGTON Reuters A COMBINATION of strong economic growth and weaker New Zealand dollar is prompting some analysts to forecast a more aggressive tightening by the Reserve Bank of New Zealand (RBNZ) this year. "Capacity use is now close to the level reachedReuters - 308 words
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524 2000-02-15 19 Brian Gomez - Gold price expected to stay in US$3lO to US$3l5 range From Brian Gomez in Sydney AME Mineral Economics has estimated that average cash operating costs for gold mines in the Western world had fallen by about US$5 to US$l9O an ounce, with524 words
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416 2000-02-15 20 LONDON Buying frenzy in the sector lifts Nasdaq biotech index by about 150% this year FT BIOTECHNOLOGY shares in the US have confounded expectations and caught investors' imagination by becoming the latest stock to fuel the country's "new economy". A buying frenzyFT - 416 words
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281 2000-02-15 20 TOKYO AFP JAPAN'S Mitsui Marine and Fire Insurance Co Ltd said yesterday that it is pulling out of a planned three-way merger due to differences over the new insurance company's management direction. Japan's third largest nonlife insurer said in a statement itAFP - 281 words
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Article, Illustration75 2000-02-15 20 [SEOUL] About 20,000 people taking part in a mass wedding ceremony at Seoul's Olympic Stadium on Sunday. The ceremony was arranged by Reverend Sun Myung Moon's Unification Church, which has held dozens of similar weddings before. Some 40,000 other married people also attended the eventAP - 75 words
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Article, Illustration355 2000-02-15 20 PEOPLE OntearwwldxMi's mask Web site will aim sell concert tickets enUne Reuters [LONDON] British computer games Arm SCI Entertainment Pic said yesterday it bought a stake in UK Internet company Ontourworld.com Ltd, along with other investors including rock star Phil Collins. SCIReuters; FILE PHOTO - 355 words
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187 2000-02-15 20 SEOUL Bloomberg SOUTH Korean brokerages saw their combined earnings fall by 36 per cent in the third quarter from the previous quarter as brokerage fees narrowed and sales of investment funds dropped due to Daewoo Group's debt crisis. Pre-tax profitsBloomberg - 187 words
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524 2000-02-15 20 TOKYO Japan retailer's collapse shows 'convoy system' of doing business dying AFP THE weekend collapse of retailer Nagasakiya Co Ltd is another sign that Japan's traditional "convoy system" of doing business is breathing its last, analysts said yesterday. The retailer said on Sunday thatAFP - 524 words
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407 2000-02-15 20 MELBOURNE Reuters STANDARD Poor's has given a stable outlook to the Australian and New Zealand life insurance sectors, despite unprecedented changes in the profile of the Australasian life market brought about by rapid industry consolidation. Releasing the Australian New Zealand Life Insurance DigestReuters - 407 words
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Article, Illustration772 2000-02-15 21 Anthony Rowley - They will invest in USs2oom scheme to promote Internet start-ups in 100 developing countries From Anthony Rowley in Tokyo AN ambitious plan to close what they termed the "digital divide" between the developed and developing worlds was announced yesterday in Tokyo by WorldREUTERS - 772 words
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WORLD Watch
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83 2000-02-15 21 Bloomberg [FRANKFURT] DaimlerChrysler, the world's fifth largest carmaker, refused to comment on a report in the Wall Street Journal that it is seriously considering making a bid to buy debt-laden South Korea's Daewoo Motor Co. "It's all speculation and we don't comment on speculation," saidBloomberg - 83 words
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Article, Illustration81 2000-02-15 21 AFP [WASHINGTON] Donald Trump yesterday ended his brief flirtation with a Reform Party presidential bid, after most of the real estate mogul's closest allies bolted from the party. "I've made my decision. I'm not going 10 be running," Mr Trump toldAFP - 81 words
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93 2000-02-15 21 Bloomberg [GOTHENBURG, Sweden] Volvo, the world's second largest maker of heavy trucks, said 1999 operating profit excluding items rose 26 per cent on strong European demand. Operating profit, excluding the car division, rose to 6.55 billion kronor (551.29 billion)in 1999 from 5.20 billion aBloomberg - 93 words
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94 2000-02-15 21 Bloomberg [WASHINGTON] America Online said it plans to take about US$l9O billion (*****.1 billion) in charges to earnings over 25 years, squeezing net profit, to account for its acquisition of Time Warner. The proposed new company, AOL Time Warner, will take aBloomberg - 94 words
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361 2000-02-15 21 Teh Hooi Ling - SINGAPORE By' Teh Hooi Ling PRIME Minister Goh Chok Tong yesterday said Singapore is seeking election to the United Nations Security Council later this year. Speaking at the Istana dinner held in honour of UN sec-retary-general Kofi Annan and his361 words
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374 2000-02-15 21 LONDON FT.com aims to become top global business portal Reuters BRITISH media group Pearson stepped up the battle for online business information readers yesterday with the relaunch of its Financial Times Web site in a multi-million-dollar facelift. Facing growing competition from revamped rivalsReuters - 374 words
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Article, Illustration457 2000-02-15 21 Vikram Khanna - By' Vikram Khanna THE United Nations will watch how Indonesia deals with those found responsible for the pre-independence carnage in East Timor before deciding whether to set up its own tribunal, UN secretarygeneral Kofi Annan said yesterday. Responding to aAFP - 457 words
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595 2000-02-15 21 LONDON FT WHY would investors pay irrational prices for shares? That they occasionally do so is hardly a matter for debate. In the UK, investors have recently paid premiums of thousands of per cent for shares in Internet incubator funds that have nothingFT - 595 words
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Page 19 Advertisements
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Advertisement16 2000-02-15 19 I i tiled- AW/J*IMVTQ Just click www.wizoffice.com I (J J J WizOffltm.com row On*.. orrtc* Ww*16 words
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Advertisement238 2000-02-15 19 Qua|j f|jfe l R A 1 j ttf ■vflk >.. l^JM^^^HK^H£BaE£ti£*'' ■SlXaSßißflßtm^Bß^i^Jp^KimSiS^ rsisCi^^^^ fTT I UiUjl TIM11 T SfiM M3ftgravßP^\Hku^ef/ M Now you can feel Livelier with SWISSOATS Alll Men's energy peaks at 20's and begins its decline at 40's. SWISSOATS AH 1 helps restore this energy to regain youthful238 words
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Page 20 Advertisements
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Advertisement238 2000-02-15 20 Opportunity for Investment in an Indian IT company http://www. skorydov.com/ Skorydov Systems Private Limited, an India based IT company, doing projects on software and web-based application development for the Govt, of India and MNC's, with an infrastructural backup of five offices around the country and an excellent growth record, is238 words
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Page 21 Advertisements
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Advertisement633 2000-02-15 21 SHERRY BRIDAL LINK PTE LTD (M LIQUIDATION) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING Notice i* hereby given that pursuant to Section 306 of the Companies Act (Chapter SO), a Final General Meeting of the Members of the abovenemed company will be held at 112 Middle Road *07-03 Midland633 words
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FINANCE & commodities
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Article266 2000-02-15 22 Daphne Tay Jardine Fleming - SGX Derivatives TrtUOngßeports MSCI Singapore Index Daphne Tay Jardine Fleming NOTWITHSTANDING Wall Street's steep losses last Friday, the Singapore stock market ended slightly higher yesterday upheld by bargainhunting in selected blue chips. Snapping out of their losing streak, banks regained strength on expectations of favourable266 words
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191 2000-02-15 22 Matthew Den Bleyker Refco Singapore - MSCI Taiwan fatures Matthew Den Bleyker Refco Singapore THE Taiwan Stock Exchange Weighted Price Index declined 157.22 or 1.6 per cent yesterday to 9,971.45, led lower by financial shares after a local paper reported Taiwan's central bank plans to increase interest rates after191 words
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253 2000-02-15 22 EMERGY REPORT Reuters [LONDON] Oil prices, lifted by a growing supply shortage, cruised near nine-year peaks yesterday with the United States urging Opec to pump more petroleum. Benchmark Brent crude was trading 23 cents stronger at U5528.05, a mere 15 cents off aReuters - 253 words
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Article361 2000-02-15 22 Bloomberg AFX-Asia, London THE major currencies were largely range-bound midday in a rudderless session, with most investors on the sidelines ahead of some key US and European data later in the week. Analysts said in the absence of any fresh leads, currency markets were likely to focus onBloomberg; AFX-Asia, - 361 words
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Article, Illustration1261 2000-02-15 22 WTBEBAMK CROSS RATES Feb 14 »S C$ Rmt Euro Ffr Dm HK$ Ind Bi Bupiah Yon Won Ml WZ$ PH t» Pt«o S$ Rand Sfr WTS BUt Pomi U5$ Australia 0.917 6.178 0.640 4.199 1.252 4.919 27.590 45.838 0.685 7.119 2.403 1.283 32.776 25.527 1.071 4.013 1.027 19.375 23.713 0.3981,261 words
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Article1962 2000-02-15 22 SICOM FUTURES Febi4 RUBBER (futures closing as it 5.30fm) RSS1 CONTRACTS centsAg) Close VotwiM Opm Month High Low Sett (tonnes) Interest Mar 00 125.00 300 300 Apr 00 129.00 100 400 May 00 131.50 100 400 Jon 00 134.00 100 400 RSS 3 CONTRACT (US tertsAg) Voiunw Open Month High1,962 words
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STOCKS east asia
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Article, Illustration2832 2000-02-15 23 HONGKONG Reuters n Han* Seng -19L34 HONGKONG stocks ended down on yesterday after hitting a record high, with interest in a second bid for Cable Wireless HKT unable to offset tumbling bank, property and utility shares after interest rates rose. The Hang SengReuters - 2,832 words
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Article2047 2000-02-15 23 TOKYO Bloomberg P Nikkei 225 -15m JAPANESE stocks fell, paced by lenders such as Dai-ichi Kangyo Bank on concern a possible tax increase may squeeze their earnings and after Nagasakiya Co filed for protection from creditors including Dai-ichi Kangyo. Nagasakiya, a mid-sized retailer, wasBloomberg - 2,047 words
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Article, Illustration983 2000-02-15 23 Reuters Shenzhen B Index +1M SHENZHEN stocks surged to a higher close yesterday after China announced steps to boost the market, including allowing brokerages to obtain loans from banks using securities as collateral. Shenzhen's hard currency B Share Index rose 7.69 points, or 8.70 per cent, to 96.07 points.Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 983 words
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Article379 2000-02-15 23 AFP □WPM« -157.22 TAIWAN share prices fell 1.6 per cent to breach the resis-tance-level of 10,000 yesterday due to sharp losses on Wall Street, dealers said. "Market sentiment became cautious on losses in the US market over the weekend," said James Su at MasterMind Financial Advisory. The TSE WeightedAFP - 379 words
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Page 23 Advertisements
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Advertisement14 2000-02-15 23 T J JyM A weekly must-read for property buyers and sellers every THURSDAY ThkßisixkssTimks14 words
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STOCKS klse
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Article8844 2000-02-15 24 Transaction date: Feb 14 I INDUSTRIALS Consumer products 2000 Last Vol Day Nat Cap Mlffc Lm riwpmj Son •OOP HUH Lew P/t $W 402 310 A|inomoto 388 -14 6 402 388 24.6 157.3 130 91 Angkasa 125 7 237 125 115 184.3 444 290 Apollo Food Hlg 416 unch 88,844 words
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Article, Illustration435 2000-02-15 24 AFP Q Composite Index -L 52 MALAYSIAN shares closed slightly lower yesterday on profit-taking alter recent sharp rises, dealers said. Sporadic bargain-hunting on expectations of further increases pared losses. The KLSE Composite Index ended down 1.52 points, or 0.15 per cent, at 998.29. The SecondAFP - 435 words
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Page 24 Advertisements
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Advertisement4 2000-02-15 24 TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING4 words
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SGX clob & regional stocks
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Article2793 2000-02-15 25 BONDS A WARRAHTS Feb 14 *1 Mi fnmj Uptrr L_, m an i iiium K* lmmt ttm lam mm mm Maa I Mi «ar CM*) M» Ua feyar W U« ~K>4 K>3 t 3160 *Acar ******1 US$... 43 irt 43 43 43 415 "q j 152 3 53 17 952,793 words
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Article253 2000-02-15 25 AFP n Composite Index -42.36 SOUTH Korean stocks fell 4.4 per cent yesterday. The Composite Index closed down 42.35 points at 910.87. Volume was 232.3 million shares worth 3.5 trillion won. AFP Ft* M Brotn Tocft WTO 30 Control 841* 2830 30 ChoMConwn *****0 3000 DmGoM 2580 -ISO DMUngAFP - 253 words
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Article262 2000-02-15 25 AFP n Composite Index -20.47 PHILIPPINE share prices fell one per cent, weighed down by Wall Street and bearishness due to domestic concerns, analysts said. The PSE Composite Index dropped 20.47 points to 1,976.74. Volume slipped to 4.5 billion shares valued at 2.067 billion pesos. —AFP MM Nu (000)AFP - 262 words
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Article267 2000-02-15 25 AFP Qnzse-40 -am NEW Zealand's share market sank 1.3 per cent yesterday following on from a dive on Wall Street on Friday. The NZSE-40 Index closed 26.81 points down at 2,014.38. Total turnover was a modest NZ593.6 million with NZ$5O.3 million traded in Telecom Corp. AFP mm ■> *t-AFP - 267 words
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Article577 2000-02-15 25 AFP DAPOrfatfie* -3LB AUSTRALIAN shares fell by one per cent yesterday as Friday's losses on Wall Street combined with further falls in News Corp to depress the bourse, brokers said here. The All Ordinaries Index finished the day down 31.8 points at 3,135.3. The All Resources Index dropped 28.1AFP - 577 words
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Article, Illustration746 2000-02-15 25 Reuters □set Infer -as« THAI stocks yesterday ended at their lowest level in more than a month on losses due to profit-taking by retail investors in telecoms and bank shares. The benchmark Stock Exchange of Thailand Composite Index retreated 8.56 points, or 1.88 per cent, to close at 447.56Reuters - 746 words
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Article, Illustration643 2000-02-15 25 Reuters -L3S FORMER military chief General Wiranto's suspension from cabinet boosted sentiment on the Jakarta market, but failed to push up the Composite Index due to selling pressure on Telkom. The Composite Index edged down 1.36 points or 0.21 per cent to 633.72 points on turnover of 998.54 billionReuters - 643 words
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Page 25 Advertisements
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Advertisement14 2000-02-15 25 jf|: I Photo essay a creative way to recruit the right talents. I 1800-741-188314 words
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Article8600 2000-02-15 26 SGZ MADVBOARD Transaction date: Feb 14 Or Or M Wt 52-Wk Last Val On IM) Ouata Dt« W *1 Cap Ayg Mmi L— WH Clip any if rOOO) Urn Bwyac CV W Prtca MULTHNDUSTVY 182 69 m c )000 AcmaSOc 134 unch 712 136 *34 134 136 108,600 words
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Page 26 Advertisements
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Advertisement48 2000-02-15 26 In honour of its 125 th anniversary, Audemars Piyuet will be exhibiting 125 exceptional watches. CI C f* Come and discover these fabulous timepieces that will be unveiled in eleven cities around the world... Ao February 18 24, 2000 "T:.> Shangri-La Hotel Singapore 22 Orange Grove Road Singapore >48 words
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Page 27 Advertisements
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Advertisement292 2000-02-15 27 Where to wine, dine and entertain...*""^ aammm!m££mmmmm AT PLAZA PARKROYAL 7500 A Beach Road Singapore *****1 Tel: 298 0011 Far 292 4559 PARKROYAI HOTELS RESORTS. AN ASSOCIATE Of THE SfHC HAZA CMOUP Satay Chelup/ S Lok Lok It's still good to me Whatever you call it Satay Cbehip or Lok292 words
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Advertisement13 2000-02-15 27 MA NOAH IS i H Q Y O H B rt «t» C.ITSIXE13 words
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Page 27 Miscellaneous
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Miscellaneous820 2000-02-15 27 Central 5.30 Music Walk. Healthcare. gOQ am Kids Central: ®-00 Wheel of Fortune. 100 The Sweet Mum. 5.00 PM Basketball: NBA Power Rangers Turbo: ®-30 The Pyramid Game. 3£o The Officials' True Col- All Star Weekend (2nd Alarmed And Danger 7-00 Early Edition: The ours. tx). ous Medal. 3JJO Heartbeat.820 words
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Miscellaneous317 2000-02-15 27 CRYPTIC CROSSWORD ACROSS the shade (7) 1 Failure to give wife a treat (4-3) 6 Retired sick after selling stock (9) 5 Wonder if motoring club is within 7 Chinese wickerwork contains distance (7) various hues (9) 9 Showing cleric a London bor- 8 Solemn sailors gain energy in the317 words
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KNOWLEDGE economy
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Article, Illustration1336 2000-02-15 28 Jeanette Pang - Effective knowledge management makes all the difference in a modern organisation between producing a harmonious symphony or a jarring cacophony By Jeanette Pang [SINGAPORE] THE knowledge management song may be one of the top tunes of the day, but unfortunately, not many companies can sing along melodiously.FILE PHOTO - 1,336 words
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Article, Illustration471 2000-02-15 28 Saw Ken Wye - By\ Saw Ken Wye The writer is managing director of Microsoft Singapore WHAT exactly is knowledge management? Simply put, this complex sounding (technical? management?) term is best described as the ability to "manage knowledge" and to "manage with knowledge" to drive organisations into the471 words
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Page 28 Advertisements
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Advertisement164 2000-02-15 28 A SPECIAL FEATURE SHIPPING TIMES 29 FEBRUARY 2000 KEEP YOUR BUSINESS FLYING HIGH If you are in the air freight logistics and related businesses, 29 February 2000 could bring unprecedented opportunities. That's because Shipping Times will publish a special feature to highlight the latest developments and the future of the164 words
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SHIPPING TIMES
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Article, Illustration542 2000-02-15 29 George Joseph - p:ii exclusive Flemming Jacobs continues with task of building senior echelon By l George Joseph [SINGAPORE] A former journalist and press secretary to a New Zealand prime minister with over 20 years' experience in media relations has been appointed NOL Group's head of global542 words
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Article294 2000-02-15 29 Reuters Bridge News, CAPESIZES ended the week with further gain, although some brokers were sceptical that present levels could be consolidated. Panamaxes in the Far East were in good demand with higher rates recorded for timecharter trips. However, the Atlantic sector remained weak for these sizes, especially inReuters; Bridge News, - 294 words
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Article298 2000-02-15 29 MX 000 MM It W CWT Distribution 123 0.06 17 Chum Hup 0.46 -0.01 ***** Cosco Investment Lt3 0.09 547 FrtfgM Links 0.27 unch 172 G8 Holding* 0.83 0.01 2 K« Sun Hup 0.79 0.01 75 IMC HoWnos-HK 5.60 unch 0 Jeya Holdings 0.26 0.01 6296 KappelCorp 3.86298 words
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231 2000-02-15 29 AFX-Asia [MANILA] International Container Terminal Services Inc (ICTSI) may halt its operations at Port of Rosario in Santa Fe, Argentina if the Argentinian government does not grant the company's request for a 90 per cent reduction in lease payments, company chairman andAFX-Asia - 231 words
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Article, Illustration462 2000-02-15 29 Ann Toh - World's largest Aframa* tankor operator bought rival Bona for USs4som last year By Ann Toh (SINGAPORE) Bahamasbased Teekay Shipping is eyeing growth in other ship sizes and commodity types after expanding geographically through its Bona Shipholding acquisition. The Aframax tanker specialist bought rivalPHOTO: CHRIS LOH - 462 words
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SHIPPING news
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Article, Illustration401 2000-02-15 30 Alec Almazan - Naval Supply Depot to be developed with Snbic Bay Metropolitan Authority From Alec Almazan in Manila THE Subic Bay Freeport has entered into a 25-year concession agreement with International Container Terminal Services Inc (ICTSI) and Royal Port Services Inc for the management, operationFILE PHOTO - 401 words
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268 2000-02-15 30 Larsen Toubro to start building Indian port Bloomberg [MUMBAI] Larsen Toubro Ltd, India's biggest construction company, expects to begin building a 10 million tonne port at Dhamra in the eastern state of Orissa by April, two years after it was supposed to begin. The agreement to develop the 12 billionBloomberg - 268 words
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Article178 2000-02-15 30 PAGE DSR-Senator 4 HIH 6 Delmas 4 anl 3 Djah Lloyd 8 9 Accord 8 3 Appenship 5 ECl Austral 8 ECUL 6 Balaii Shpq 5 EvW,rMfl 6 £.<- Gemartrans 6 CCNI Hartqli 7 CMA 8 Hanjin 3 Columbus 8 Heung-A 4 COSCO 5 Hyundai 7 cs178 words
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Article18966 2000-02-15 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser VhuI Voyage Telephone SIN Dest n Nam# Nam* Number Number SIN Destn Name Name Number Number 02/03 14/03 NYK Bulk ASTRO VENUS (RORO) 98 65 *****82 To ABIDJAN (ABJ) 2003 Cote D'lvoire 03/03 30/03 cosco jingpohe18,966 words
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SHIPS IN PORT
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Article633 2000-02-15 41 Vessel Voy No Berth Arrival Departure D StiaMtra Ftk-01 J03 14/02/7:40 14/02/23:00 Bt Ca IndraJ ***** J01 14/02/8:10 14/02/23:59 RttdDuck 2 J07 14/02/8:30 5/02/7:00 Sotarmartntr TWO J02 14/02/8:20 18/02/8:00 NKarong 18 J*n40 J15 14/02/9:20 14/02/21:00 Prafii 168 FHH>1 J06 14/02/8:05 14/02/23:00 Gsh 203 625a J16 14/02/8:50 14/02/23:59 UnionsUr633 words
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Article1955 2000-02-15 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Balanc# Rstls Ship Voy No Etb/Btr Poflod From To From ACX DAHLIA OIM 15/*00 U 14/1500 IVMM 14/1*00 m/boo 14/1*5* M/HOO api diamond i7flioo i m/boo m/mm Wim m M/BOO M/MM M/HOO a MffiOO ivotw tvwoo a m/itoo lyom 8/09001,955 words
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Article804 2000-02-15 41 THIS report, compiled by Cockett Marine Oil Ltd. show* 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 individual804 words
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Article209 2000-02-15 41 Feb 23 Brunei: National Day. Feb 28 Taiwan: Peace Day. Marl Korea: Independence Movement Day. MarM Indonesia: Hari Raya Haji. Malaysia: Hari Raya Haji. Singapore: Hari Raya Haji. Brunei: Hari Raya AidiladhA. Mar 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). Maris I Taiwan: Market Holiday209 words
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Article500 2000-02-15 41 Carbon 180 Mai 990.8 0.8 16.9 0.08 78 0.0S Fat 10 DMsitY totar RttMua Ask AImMmi Siteiit NoabowE25 0 0 12 0 0 0 1 MO 988.0 OJ V4.5 0.07 40 0.03 tail 380 Mai 992.0 0.7 18.2 O.M 270 0.06 nori tuu %u/u mi Wo500 words
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AIR & LAND transport
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Article, Illustration711 2000-02-15 42 ALASKA AIRUKES CRASH Maintenance workers in 1997 changed their mind after more tests Reuters [WASHINGTON] Safety investigators said the Alaska Airlines plane that crashed two weeks ago had been considered in 1997 for replacement of a key tail partReuters; FILE PHOTO - 711 words
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109 2000-02-15 42 AP [BEIJING] China's aviation watchdog has ordered technical inspections of McDonnell Douglas planes in the wake of last month's Alaska Airlines crash, an official newspaper said. The Civil Aviation Administration of China ordered the checks on Saturday and gave airlines until midday today toAP - 109 words
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Article, Illustration43 2000-02-15 42 [CHICAGO] A worker dusts off the grill of a Bentley on display at the Chicago Auto Show. The Bentley has a sticker price starting at U*****,000 (*****,210). The auto show opened last Friday and ends on Sunday. REUTERSREUTERS - 43 words
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LOG Book
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65 2000-02-15 42 AFP [HONGKONG] A Dragonair plane was nearly hit by a huge balloon en route from Beijing to Hongkong last week, a press report said yesterday. The pilot managed to divert the plane in the nick of time when he sighted the balloon believedAFP - 65 words
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97 2000-02-15 42 Reuters [CANBERRA] Qantas Airways Ltd yesterday won a All .25 billion (Ssl.3 billion) contract to provide all national and international travel services for the Australian Defence Force (ADF) over the next five years. "Qantas will now fully manage Defence's entire domestic and international travel needsReuters - 97 words
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78 2000-02-15 42 Reuters [SHANGHAI] An official of China Eastern Airlines denied yesterday a newspaper report that said the company is exploring possible mergers with four other Chinese carriers. The official Shanghai Daily quoted unidentified sources as saying China Eastern was considering mergers with China Northern Airlines, ChinaReuters - 78 words
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231 2000-02-15 42 Reuters [MANAMA] Regional carrier Gulf Air said yesterday it expects to sign a US$l7O million (*****.3 million) loan with European credit agencies in April to finance the purchase of two new Airbus A330-200s. Walter Van-West, Gulf Air's vice-president for finance, strategyReuters - 231 words
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Article, Illustration379 2000-02-15 42 Increase in jet fuel prices has led to higher costs Bloomberg [BANGKOK] Thai Airways International is likely to report that first-quarter profit tumbled by two-thirds as a surge in the price of jet fuel led to higher operating costs, analysts said.Bloomberg; FILE PHOTO - 379 words
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198 2000-02-15 42 Bloomberg [BRUSSELS] Sabena SA, Belgium's national airline, said it was profitable last year as it recovered from a first-half loss and overcame higher fuel prices. The company's earnings will be less than the 703 million Belgian francs (5529.08 million) reported in 1998, said a spokesmanBloomberg - 198 words
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Article1692 2000-02-15 42 air fucMT n* marr n» ****** 2359 Mililli 0A730I mo 0*7302 20S0 2359 OTOI 1930 0FB2 2050 Ftfaoka S0909 1540 SOUP PCS AN0229 2230 S0803 1910 CZ3S4 0910 LH6380 2230 COS SOPS $0004 BB ***** 2230 NmI Y*741 1310 V*740 1410 AaatarOaa U.0043 0525 6*974 01201,692 words
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Advertisement524 2000-02-15 29 KC Dat IwWww KC Dat has named James P Matisin (left) as vice-president of business development. Mr Matisin, who has two decades of work t experience in the relocation industry, was previously with Hongkong's Baltrans Group based in Singapore. Port of Tanjunq Pelepas (PTP) Former PTP executive director Mohd Sidik524 words
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Advertisement97 2000-02-15 29 ICTSI consortium wlm Striate iqF| 1 Alaska Air crash: Cantor had I The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated. Shipping Times now features a97 words
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Advertisement749 2000-02-15 30 I IMPORT 1 I NORTH AMERICA I SUPER SHUTTLE EXPRESS (SSX) [QULF KARACHI EXPRESS (QKX) I VKtti I VOT LGO |—ar-r PKUUOG VESSEL VOY DMN MM I KWT I JEA IMOI CM IPUANG "3^ OOCL AMERICA 40W503 14/01 11/02 OMT TTT Z7ZT ZZI "TIT "TZ" OOq CAUfCSHIA 47W504 02/02 20/02749 words
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Advertisement734 2000-02-15 30 Lines services represented m£|B9m\ by Members of (be Registry of Members of tbe Accredited Shipping Agents, Singapore Logistics Association vSy S'pore Notional Shipping Assoc. ULY UNE MALE VESSEL VOY ETA flu TTW f. KLAMC SPOKE MALE Empress Lily VO2OO 23/02 21/02 01/03 Princess Lily VO2OO 08/03 09/03 18/03 Empress Lily734 words
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Advertisement1129 2000-02-15 31 1 1 I SAX SERVICE (MRECT) vtssa voy sura uxommihouo* a* mbi m nyc AWSAIBONYX 0)M 16/02 02/03 07/03 07/03 07/03 07/03 07/03 07/03 01/03 06/03 mjcmmam 0221 23/02 09/03 14/03 14/03 14/03 14/03 n/03 14/03 15/03 is/03 AfliOW 0181 01/03 16/03 21/03 21/03 21/03 21/03 21/03 21/03 22/03 22/03_1,129 words
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Advertisement1741 2000-02-15 31 ®HANJIN SHIPPING likPl tlfctWplf. -Ub *****30 HAMJIN SHIPfWG (S) HI LTD km tm KXMUIIG *****3S 73/ SAUS *****74 731 OOtUMBT *****71 174 QntAIKK ***** M 751 MAIM UWt *****5S M *****40 «WO **********0 M TO NW USA CANADA USA CANADA* Ft* vsi/voy MM sm uni haui/voy sir~| iiw k* pox1,741 words
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Advertisement205 2000-02-15 31 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONO KONG FOR ENQUIRIES, PLEASE CALL 220 8558 j CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I WW" HOUSEHOLD REMOVAL AND CAR TRANSPORTER LCL CONSOLIDATION SERVICE An iffilitte of Mitsui OSK Lines/Hai Sun Hup Group r— r~~ gor tmwm Isuittkt f*r> IU rh, destination £IA §rVn£205 words
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Advertisement1586 2000-02-15 32 DSR SENATOR LINES TO UK/CONTINENT TOMEDFIISRRANEANCANADA Vtssa WW SI l£H RTW MW HWI MX HJ VESSfL VOY MM GIT Sft FOS WC MTW HMUNOSMA OKZW 17 82 88.81 07U 01 83 86 83 10 03 11 03 ONZMOOUN WWW 17 K 06 03 07 03 00 03 11 03 101,586 words
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Advertisement732 2000-02-15 32 AM MAU-NtLS S PURE M'SIA Carrtar MB COBTB LJBCS, MC p. quoang: (an *****28 1 IV/ J QWMOMJHaT3IQMB SOU: (084) *****8 MAMLA: (832) *****24 PENANQ: (04) *****38 BANGKOK (881) *****87 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT (21) *****46 KUCHMQ (082) *****1-3 BARCELONA EX 'EVER GLEEFUL' V. 0734 ETA732 words
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Advertisement608 2000-02-15 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO VMMI S PORE N SHEVA COLOMBO P KLAMG CAPE CREUS V 10?W 20 FEB M FEB #5 MAR 11 MAR CAPE CANAVERAL VII9W 27 FEB 07 MAR 12 MAR 10 MAR TULSIDAS Vl2l OS MAR 14 MAR 19 MAR 2S MAR CAPE CREUS VIO3W608 words
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Advertisement1838 2000-02-15 33 [vessel vov khh hko sin pko dxb pmm ba I bik IRAN SHAHRYAR PCL-141 00/02 11/02 15/02 10/02 20/02 27/02 20/02 02/03 IRAN BAABAEI PCL-142 10/02 18/02 22/02 23/02 04/03 09/03 07/03 00/03 IRAN SEESTAN PCL-143 23/02 25/02 20/02 01/03 11/03 12/03 14/03 10/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/031,838 words
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Advertisement1155 2000-02-15 33 FEB 2000 ACCEPTING CM 1 ¥0 DAKAR, LAGOS, TIMA 4 I ABIDJAN VIA GENOA J I GENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (IA) *****02 JOHORE OFFICE: I COSTAR SNIPPING PTI LTD #12-00 SAUS/IKGS 4205«57/43 INWARD DEPT (0/0) *****85 COSTAR AGENCIES (M) SDN BND1,155 words
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Advertisement1041 2000-02-15 33 l i EXPORT 1 IMPORT ~j a ijj», i.m, .m, jg PUNJAISIN 011W ;22;-02 lo: 03! 12/03; 13/03; 14V03; 15/03; 1*: 03 trotuaesw :m ***** '05/07 M/S7 '0970HT7M I POtWCSa I 1 HI IMB lljfll IHH 1 ACOPTMG (AMOfS TO t fWMfc I) MNMBI MUKtMAVBt MOSCOW, SI KTHtSMK VIA NAN1,041 words
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Advertisement1386 2000-02-15 34 4 EUROPtAJWCANOOUVUVRMAirofIUISI* SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL S6P E DEVELOP RW 010 19/02 09/03 15/03 11/03 13/03 1«/03 15/03 E. REWAfIO RE-037 27/01 29/01 21/01 30H1 01/02 20-02 21/02 E DECENT RW 013 27/02 16/03 22/03 17/03 19/03 21/03 22/03 E REFINE1,386 words
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Advertisement403 2000-02-15 35 I BSfl .i. mm. MYANMA wBBk FIVE STAR LINE (Myaninar National line) > Loading for Yangon (Rangoon) VESSEL VOT SIN PW. KM PGU SITTWE 91W SU HPA-AN 267W MPT MALAYSIA AGENTS: BOUSTIAD SHIPPING AGENCIES KUL TU (03)*****00 PKL HI (03)376*101 POL- TU (04) *****02 PGU: TH (07)*****21/4 BANK LINE (A403 words
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Advertisement1165 2000-02-15 35 HYUNDAI Iwww VOT |SM 1 SOU 181 RTM ANT HAM WV FH [VESSEL VQT|SOU|IBI|RTM|ANT|HAM|HK[ KL SM NOIAMA2OMTE 027W 17/02 06/03 11/03 08/03 09/ M 2/2! */m M/ nm i it/2 (MAS S3SW 18/02 10/03 11/03 05/03 07/03 WCMNKWNII23I 14/01 29/01 26/81 27/01 7/W HY GENERAL 323W 21/02 08/03 09/03 11/031,165 words
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Advertisement675 2000-02-15 35 vOOv WALLENIUS WILHELMSEN TO NORTH AND IATINAMIRKA 'CAR RORO HtAVYUFT SERVICE' VESSEL VOT RAMP MIGHT SIM LK MAO MIA &AV BAI ORE NYC NEW MM TAMPA AHOOT 400 T*s 6.3 M 26/02 2S/03 03/04 06/04 08/04 10/04 11/04 13/04 17/04 11/04 TAIABOT AHOO6 400 T«m 6.3 M 11/03 10/04 11/04675 words
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Advertisement1798 2000-02-15 36 INDONESIA NATIONAL LINE TO AUSTRALIA I va wt ai m i stb m in m uajui m u/u M/r u/n m/h n/n rtommmm ~~ST mm Ivn ivr »7« Mivarr liT is/r ?i/r p/w w/r n/p~ wianuu) -n/w m/m oyc(o;"/»i u/n~ FEEDER SERVICE TO INDONESIA vy VOT wmmm mm mmtm ru1,798 words
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Advertisement17 2000-02-15 37 jfl .Ji& A 4 > fJMHL v We position ourselves closer to you. http://www.ptp.com.my General Line: 6C7-241 130017 words
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Advertisement53 2000-02-15 39 '(|g> IgmB\KYOWA LINE STL CONTAINER LINE Direct Breakbulk/Container/LCL For Services To ce to Vietnam Calcutta Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri Pg 6 See Page 7 Daily STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wfilhelmsen Offers Weekly FCL/LCL New Europe To eastSalSysia d l ast/ PORTS AalA service DETAILS Pg 853 words
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Advertisement86 2000-02-15 41 The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated, Shipping Times now features a full page on logistics on Thursday every fortnight with news of current86 words
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