The Business Times, 16 February 2000

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Total Pages: 48
1 48 The Business Times
  • 16 1 THE BUSINESS TIMES 85* SINGAPORE I Internet http: business-times asia 1 com.sg/ WEDNESDAY. FEBRUARY 16. 2000
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  • 38 1 Dsn 24MJI (-36.80) D 800J4(-17.94) owst" STOCK HABKET INDICES MANILA COUP 1.MRM MM TAIPH WPI **774 -IJ.71 SEOUL COUP 879.79 4L17 OS A CHINA B HM» -H9I AU8TALL0BD SJML1 +J18 llM EST aw* WW 1U71SI *tU7
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  • 74 1 FOtEXIATES m 8t UBt !JM £(USt/SS per U8B UBK F3T&)(U8$/SS/E) IJ82 IJO DM 1JM MM TBI 1M2 Mil RM UN 9.446 H» 7.781 9118 BAOT 17 JS 0.M6 MJPIAH 7JU6 MM* •Sfmmmtim PUKE BATES SINGAPORE* _5J» KUALA LUMPUR 7.«7 JAKARTA SM» BANGKOK Ml MANILA 11.00 HONGKONG 8.S0 TAIPEI 7M
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  • 580 1  -  isexclusive| SDC only willing to pay $800 m while Land Office is asking for $L3b By Carol Eng [SINGAPORE] Half a billion dollars is standing in the way of the Sentosa Development Corporation's plans to develop its huge waterfront residential project. The project,
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  • 580 1  -  He also dismisses worries that S'pore has political motives By\ Catherine Ong, Teh Hooi Ling [SINGAPORE] A senior Hongkong official has denied that Beijing initiated a rival bid from Richard Li's Pacific Century CyberWorks to thwart Singapore Telecom's merger proposal with
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  • 245 1  -  Ton hive to lutve accurate and complete information or yon conld create uncertainty in the market, says a spokeswoman From Quak Hiang Whai A DRAFT announcement outlining Singapore Telecommunications' merger offer to Cable Wireless HKT shareholders was turned down by the Hongkong securities regulator
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  • 178 1 [SINGAPORE] Finance Minister Richard Hu will deliver the Budget for the 2000/2001 financial year in Parliament next Friday. A day earlier on Thursday, the Ministry of Trade Industry will release details of Singapore's 1989 economic performance. Early estimates have the fall-year growth
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  • Page 1 Advertisements
    • 72 1 Top storlM H Hk Be international in outlook: SM Lee. NMtAw DollarOex.com raises another $13m. Nmxt Pmo* KepFete net soars 137%. 4 CMB Asia's profit up 25%. 4 FJ Benjamin surprises with $2.36 m profit P§ 9 Newspapers draw top adspend, with 6% rise to $609 m. Hi M'sian banking
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    • 13 1 Why Sing Tel should forget overpriced HKT, Pg 9 More reports, Pg 9
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    • 167 1 e-news in prir s St.irtnuj toil.iy The B.e ncs'j Times uvill devote .in entire |KHje ewery cKiy to Internet rel.ited news From people und business uhsis to technical developments, it will bruuj you t he <jlnb.il news tin wb.it s (Iriviiuj t he industry See Pij 13 RAYMOND WEIL GENEVE
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  • NEXT page
    • ON THE grapevine
      • 66 2 IN this age of mega mergers, small can still be beautiful. According to Keppel Tat Lee Bank (KTB) director Walter Coakley when asked if KTB's size is a concern, he pointed out that shares of Ireland's smallest bank, Anglo Irish Bank, have done very well in the past
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      • 101 2 LOOKING for luxury accommodation next to the world's biggest stock market? The Regent Wall Street in New York has just launched a "Bullish Good Neighbour" promotion rate at US$295 (Sssoo) per room and US$396 per suite until March 31. The 144-room luxury hotel was recently characterised by
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      • 130 2 REMEMBER the Standard Poor's ratings last month which concluded that Asia's 10 largest shipping companies had poor credit outlooks? That report gave Singapore-listed Neptune Orient Lines a weak credit rating. But in an apparent departure from the S&P findings, investment bank Salomon Smith Barney has
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      • 94 2 RODNEY Ward, who used to head the Far East operations of British investment house SG Warburg from 1993 to 1995, is back in Asia as the chairman for Asia of Warburg Dillon Read, the investment banking arm of ÜBS AG. ÜBS took over SG Warburg in
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    • 379 2  -  Investors could apply for IPO through Net as early as Friday By I Siow Li Sen [SINGAPORE] DBS Bank has once again raced to the front by becoming the first bank to make a public offer of shares on the Internet.
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    • 601 2  -  To compete globally, S'pore must get foreign talent and nutare local execs to world standards By] Kenneth James [SINGAPORE) How do you out-Vir-gin Virgin? Get another Branson. The example by Senior Minister Lee Kuan Yew was among several that the Singapore statesman gave yesterday
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    • 434 2  -  But we have to go with technology, or we will lose out anyway, he says By' Teh Hooi Ling (SINGAPORE] Increased interactions with the world via technology will lead to behavioural changes, but Singaporeans must not let these influences unravel the social
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    • 478 2  -  It has also raised $13m from two new investors Toh Han Shih [SINGAPORE] DollarDex.com has done over $35 million of home loans over the Internet in Singapore since its online home loan service was launched last month, chief executive
      CHRIS LOH  -  478 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 171 3 I Lj^^ofF I >• i->* I They have made their mark I on world trade, I Asia Pacific Breweries, Bax Global, Borealis Singapore, Cerebos Pacific, j I Creative Technology, Hewlett-Packard Singapore, I I Informatics Holdings, Keppel FELS, Maersk Singapore, Salcon, I I ST Logistics, TT Importers Exporters, Texas Instruments Singapore,
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  • SINGAPORE companies
    • 535 4  -  Bottom line rises to $123.7 m from $6.7 m; major jobs, higher investment income cited By Conrad Raj NET income at Keppel Fels Energy Infrastructure shot up 137 per cent to $61 million for the financial year to endDecember 1999 from $25.72 million
      CHRIS LOH  -  535 words
    • 414 4  -  By I Soh Tiang Keng BOLSTERED by the strong performance of its Thai plant, net currency translation gains, and release of provisions no longer required, CarnaudMetalbox Asia (CMB Asia) reported a 25.4 per cent surge in net profits for
      414 words
    • 442 4  -  Company may be used as SembCorp vehicle to enter telecoms market w Toh Han Shih NASDAQ-LISTED Pacific Internet turned a profit and grew its revenues last year. And PacNet chairman Ko Kheng Hwa strongly hinted that SembCorp Industries was seriously considering
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    • 334 4  -  By' Wong Wei Kong UNISTEEL Technology Ltd, which supplies fasteners to major hard disk drive (HDD) makers like Maxtor, Seagate and Western Digital, yesterday launched its initial public offering (IPO) for a main board listing on the Singapore Exchange. The issue of
      334 words
    • 449 6  -  Results reflect effects of two years of cost-cutting and rationalisation: CEO By\ Marissa Chew LUXURY fashion retailer FJ Benjamin yesterday turned in better than expected results, heading back into the black with interim net earnings of $2.36 million. This is more than what analysts
      ARTHUR LEE  -  449 words
    • 190 6 Reuters SHAREHOLDERS of Pacific Century Regional Developments Ltd (PCRD) yesterday approved the investment company's proposal to buy back its shares. But chief executive officer Peter To told Reuters after the extraordinary general meeting that the company had no plans to do so. "We do
      Reuters  -  190 words
    • COMPANY Briefs
      • 72 6 SIA Engineering Company (SIAEC), a wholly owned subsidiary of Singapore Airlines, has been awarded a contract by Polar Air Cargo, Inc. a US-based all-cargo carrier that operates scheduled services to major cities around the world The contract calls for SIAEC to carry out maintenance work
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      • 53 6 ANA Hotels Singapore shareholders have approved the divestment of the ANA Hotel Singapore property and business, the acquisition of interests in four plots of freehold land for residential development from companies controlled by Simon Cheong and fiunily, and the change of the company's name to SC
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      • 133 6 BOUSTEAD Singapore said the Ministry of Law has terminated its contract with its 75 per cent subsidiary, Esri South Asia Pte Ltd. The principal activity of Esrl is the provision of information services, including database services. Under the contract, Esri was to supply, deliver and install
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    • 311 6  -  USs7som fond will focus on industrial, service sectors By I Siow Li Sen THE Citicorp group is teaming up with CVC Capital Partners to invest US$75O mUlion (551.27 billion) in industrial and service companies in Asia, said Citibank yesterday. CVC, a leading
      311 words
    • 388 6 CYCLE Carriage Ltd (CCL) yesterday said its whollyowned subsidiary, Astre Properties Pty Ltd, has entered into a joint venture with several parties to subscribe for a 10 per cent stake in Autobytel Australia Pty Ltd, for A 51.43 million cash
      388 words
    • 428 6 MANDARIN Oriental International yesterday said it returned to the black last year and is currently in advanced talks to acquire The Rafael Group, which operates six luxury hotels and resorts in Europe and the US. In line with its expansion strategy,
      428 words
    • 256 6  -  China Construction will jointly redevelop its St Michael's site Byj Andrea Tan CONSTRUCTION group Poh Lian Holdings has tied up with China Construction (Structure) to build a condominium project on its recently acquired St Michael's site. In December, the main-board-listed company bagged
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  • Page 4 Advertisements
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  • Page 5 Advertisements
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  • Page 6 Advertisements
    • 77 6 Authentic TEOCHEW H Fresh Approach Tossing Up Luck. IJMlfl The best way to usher in another prosperous New Year is to savour our authentic Teochew-style Yu-Sheng, at Hung Kang Restaurant. Whatever your choice, you can be assured that we only serve the freshest of raw fish with the added touch
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  • Page 7 Advertisements
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  • SINGAPORE markets
    • 444 8 8 > \Win» Wngboard US 10c...... 48,521 000 HotunghvNTS 32,918,000 Ooktron20c 24,741.000 D*spuiss5c 20.904.000 Victors CspM 25c 19,249,000 AsisFood&Prop 17.000.000 FsstschUSIOc 18 57*000 SngTsl15c 15.302.000 WsnAnn20c 14,339,000 NOL 11.244,000 I fteifeCsnfcwy 140,099,520 DBSQip 89.333,531 OC8C 49,500,114 SingTel 15c 40.431.835 Khgtwutl US10c 32,801.335 SIA 29.513.830 GESWlLJd20c 28,915.480 ST AsssmMy25c 23,791,148 Victors
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    • 582 8  -  l I comment STOCKS r.sivanithy A POOR day for Hongkong equities yesterday worked against local blue chips, most of which started the day positively but ended up as losers. In the absence of any fresh or new themes to pursue, traders
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    • 170 8  -  WARRANT WATCH By] R Sivanithy ALL regional markets sagged yesterday but Malaysia fared relatively well with its index not dropping as much as the others. Assuming that the play there is still on and there's no reason to think otherwise let's
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    • 239 8  -  HOT STOCK -By' Wong Wei Kong SHARES of GES International, which have enjoyed a fine run recently, yesterday chalked up another winning performance and finished among the session's most actively traded issues. GES shares closed at a new 52-week high of $2.50, up
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    • 134 8 DBS Land Mid its wholly-owned subsidiary, DBS Realty (Pte) Lid, his taken op an additional fIWO shares in Hind Hotels International, bringing Its interest in Hind Hotels to 89.15 per cent comprising 5M8&264 shares. SHANGRI-LA Asia said yesterday it bought back another ***** shares at HK17.40 to HK|7
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  • Page 8 Advertisements
    • 528 8 To advertise call toll-free 1800-741 1883 Fax Mo: 741 1298 IN THE MATTBt Of THE COMPANIES ACT, CAR 50 AND IN THE MATTER Of HANSON PLANNERS A CONSULTANTS PTE LID (In M»«nbf«' Voluntary liquidation) NOTICE Of RESOLUTIONS A» an Extraordinary General M**ting of lh* m*mb*rs of lh* abav*nam*d Company duly
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    • 581 8 NOTICE IS HEREBY GIVEN that I, ELIZABETH VAN DER STRAATEN of 30 Blandfbrd Drive Singapore *****3, have applied for a Ist Class Beer House Licence in respect of M/s Friends The Coffee Shop located at 4 Changi Village Road *01-2090, Singapore *****4, and that this application will be considered by
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    • 91 8 (SINGAPORE) PTI LTD (In Members' Voluntary Winding-up) NOTICE IS HEREBY GIVEN that the Final Meeting of the abovenamed company will be held at 138 Cecil Street, #18-00 Cecil Court, Singapore *****8 on 15 March 2000 at 2.30pm for the purposes set out in Sections 308 and 320(3) of the Companies
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    • 58 8 talk stocks? C OIXISBANK Larry Wee's currencies wihmm appears on Pagß 32 BUY* igw SELL,/ mkM V Classified ads make just about H Mym anything an easy sell. No matter what it is, you can always buy it, sell it or find it with the Classified. TOLL FREE (jfak 1800-737-1166
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  • TELECOM tussle
    • Article, Illustration
      189 9 Independent directors of Cable Wireless HKT Source: Cable Wireless HKT DavMKPU nonexecutive deputy chairman Dr U, 60 has been non-executive deputy chairman since December 1987. He is also chairman and chief executive of the Bank of East Asia and represents the Finance Constituency in the Legislative Council
      Source: Cable & Wireless HKT; PHOTOS: BCMP  -  189 words
    • 482 9  -  Sources say David Li, SY Chung and Victor Fung could make the final rail From Quak Hiang Whai in Hongkong WHETHER Cable Wireless HKT takes up the merger offer by Singapore Telecommunications could eventually fall on three influential Hongkongers who are
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    • 826 9  -  lock siew catherine ong CABLE Wireless HKT is not worth a bidding war. Even if politics does not scupper Singapore Telecom's proposal to merge with it, commercial logic does not make the Hongkong phone company a screaming buy. The best thing Sing Tel can
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  • Page 9 Advertisements
    • 189 9 I Heller Asia Capital Heller Asia Capital was formed in SMEs, creating a reputation as a SME financing specialist. At Heller, our flexibility and hassle-free services are 1974, then named Heller Factoring, as With a history of over 20 years working closely with what distinguish us from the traditional banks.
      189 words

  • SINGAPORE news
    • 414 10  -  Market share increases 1.6 percentage points to 50%; TV ad revenues fall 5.6% to $410 m By, Jeanette Pang NEWSPAPERS continue to lead all other media in advertising revenues, surging 6 per cent to $669 million and garnering a full half-share
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    • 236 10 IN two years, Internet banking accounts will comprise 20 per cent of all retail and corporate bank accounts in Singapore, up from 3.5 per cent today, said Infocomm Development Authority (IDA) chief executive Yong Ying-I yesterday, quoting projections by the Monetary Authority
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    • 382 10  -  oinneeconomy economics By. Anna Teo SINGAPORE Airlines will employ one more air steward(ess) as long as A. It has the money to do so. B. Hiring the worker will result in an increase in the number of passengers flying with SLA. C. The extra
      382 words
    • 471 10  -  Competition hatting np bat group hu good brand names editor-in-chief By Andrea Tan SINGAPORE Press Holdings (SPH) yesterday brushed aside fears of the Internet and said there was still a future in the newspaper business. "Fear of cannibalisation is counter productive," said Cheong
      JOYCE FANG/ST  -  471 words
    • 333 10 THE International Trade Awards (ITA) by the Trade Development Board is open for entries. The biennial awards, launched in 1996, recognises companies that have made outstanding contributions to Singapore's international trade in the last three years. "The ITA is the highest award a
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    • 409 10 ONLINE trading of chemicals looks set to grow in Asia, with several companies which operate electronic commerce portals for the chemical industry beefing up their regional presence. Phil Ringo, president of ChemConnect, said his company has seen good response from firms
      ARTHUR LEE  -  409 words
    • 447 10  -  By Eugene Low GERMAN chemicals giant Celanese AG Is keen on expanding Its operations In Asia, with Singapore playing a central role In the process. "The company Is seeking to strengthen Its core business and to expand In this dynamic growth
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    • 248 10 A 56,596 sq ft freehold site in Balestier is up for tender and marketing agent Jones Lang LaSalle (JLL) expects the collective sale to fetch at least $58 million. Under the Novena Development Guide Plan, Hoover Flat along Jalan Rama Rama
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    • 473 11  -  Book seeks to explain challenges ahead and rationale behind Mindefs policy By Chuang Peck Ming A BOOK outlining Singapore's defence plan for the future was launched yesterday by Deputy Prime Minister Tony Tan. Published by the Ministry of Defence, Defending Singapore in the 21st
      SIEW YAW HOONG  -  473 words
    • 230 11  -  Prtrw, Audrey Tan in IkuidnrSeri Begawan SINGAPORE Deputy Prime Minister Lee Hsien Loong yesterday called on the Sultan and Crown Prince of Brunei, in a meeting to reaffirm bilateral ties. The courtesy rails saw an exchange of views on the
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    • 443 11  -  From] Harish Mehta in Bangkok CONSTRUCTIVE ways should be found to ensure that globalisation does not reward only the winners, but that the vulnerable and weak countries are also given opportunities to compete and benefit from the process. Minister erf State for
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    • 186 11  -  MAiu.-m Jay Lim Shanghai via Internet I READ your articles on the SingTel/HKT deal. You are absolutely correct in your analysis, but you miss one factor the Singapore image. When the deal was announced, HKTs share price moved only a little and then
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  • Page 11 Advertisements
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  • sm lee's speech
    • 1865 12 Choice is simple: either we have a first-class airline, a first-class shipping line, and a first-class hank or we will be declining THE year 2000 is a good time to reflect on our present position, how different we are from the past,
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  • Page 12 Advertisements
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  • e News
    • 332 13 NEW YORK Bloomberg FOUR Internet-related companies that made US$l2 billion (5520.3 billion) in acquisitions on Monday used the strongest currency in the world: their own stock. "None of those would have happened if the stock market were to take a header
      Bloomberg  -  332 words
    • e Briefs
      • 77 13 Bloomberg [Ri/H&mDAM]UafldVtji.theworld', Im|p»il iiiuhiil iif personal-care products and ice cream, said it and IVillage Ire wmtovertUSiaOO million a beauty Web site aimed at women. Unilever will provide capital as well as sponsorship and promotional activities. I?*?.' rung a network of Web sites for women, wiH
        Bloomberg  -  77 words
      • 59 13 AFP [HONGKONG] Internet communications provider Asia OnMne Ltd has set up its global headquarters in Hongkong to reinforce its commitment to the Asia Pacific region, theUS-regirtered mm said yertertay. The global headquarters will also act as a platform from which the Company will direct it»
        AFP  -  59 words
      • 60 13 Bloomberg [LONDON] Dresdner Klein wort Benson, the investment ranking division of Dresdner Bank, said it has created a new on-line trading, financial analysis and news service. The mill said it's offering a single system for currency, exchange-traded futures and options, foreign exchange swapa and UK equities.
        Bloomberg  -  60 words
      • 88 13 AFP [TOKYO} Advertising on the Internet more than doubled in Japan last year despite constraints on overall promotional spending due to the country's economic •lump, Dentsu said yesterday. Spending in 1999 on the production and placement of Internet advertising in J.tan JumpeJ in.4 pwcait from
        AFP  -  88 words
      • 82 13 Bloomberg [LUDWIGSHAFEN, Germany] BASF AG yesterday said it had bought a stake in ChemConnect of the US, joininc BP Amoco Pic and others in investing in the world's biggest chemicals Internet trading site. Terms of the deal were not disclosed. BASF, the world's largest purchaser of
        Bloomberg  -  82 words
    • 322 13 ISLANDIA, New York Acquisition will give software maker access to data storage management products Bloomberg COMPUTER Associates International Inc, a maker of software that improves computers' performance, will buy Sterling Software Inc for US$4 billion (556.77 billion) in stock, gaining computer-stor-age management products.
      Bloomberg  -  322 words
    • 316 13 WASHINGTON Bloomberg BILLIONAIRE money manager George Soros disclosed new and increased stakes in the telecommunications and cable industries, including investments in Finland's Nokia Oyj, the world's biggest maker, and a group of Brazilian telephone companies such as Tele Norte Leste Participacoes SA.
      Bloomberg  -  316 words
    • 594 13  -  M«ath-eU Internet startup ceold be mined at HKssb Frrrm Meera Tharmaratnam in Hongkong LIKE son, like father As Richard Li casts a covetous eye over Cable Wireless HKT in his high-tech pursuits, his billionaire tycoon father, Li Ka-shing, is not sitting on
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    • 277 13 AP [HONGKONG] Nasdaq-listed Chinadotcom Corp said yesterday revenues more than doubled in the fourth quarter last year to US$lO.9 million (5518.5 million) from US$5.2 million in the third quarter. But costs also surged, contributing to a loss of
      AP; REUTERS  -  277 words
    • 546 13  -  Fromti Anthony Rowley in Tbkyo A CONSORTIUM of Japanese investors led by high-flying Internet holding company Softbank appears to have secured victory in its bid to take over the failed Nippon Credit Bank (NCB) and to turn it into an Internet-based financial services
      546 words
  • Page 13 Advertisements
    • 154 13 The NUS Business School Empower 0H yourself for the KS new millennium MWfNS National University The NUS Centre for Financial of Singapore Engineering State-of-the-art knowledge and research-based teaching. Cross-disciplinary expertise from finance, economics, computing, mathematics, physics and engineering. Intensive Computing laboratory training. Study projects with real applications. Guest lectures by
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  • EDITORIAL & opinion
    • 735 14  -  ■i: m bottom line OPINION thomas friedman The writer is a New York Times columnist NYT TO WHOEVER it was out there in cyberspace who launched last week's "smurT attacks that temporarily crippled Yahoo, Amazon.com, E-Trade, eßay and CNN.com by overloading their web servers with
      NYT  -  735 words
    • 132 14 There was no reversal of the decision. He is not in an active status now, so practically or theoretically, he is still a non-active member of the Cabinet I'm not playing with words here.' BUrsflam Simjuynntak spokesman/or Indonesian President Abdurrahman Wahid, on General Wiranto's departure. 'Women worry
      132 words
    • 606 14 EDITORIAL THE recent attacks by computer hackers on some of the world's most hallowed Web sites is a loud wake-up call for governments and businesses alike. It underlines that much work is still needed before the public at large can be expected to have complete confidence in
      606 words
    • 1115 14  -  Mnltilateral bodies are no longer trusted as they are seen as having an ideological axe to grind Byi Anthony Rowley The writer is BT's Tokyo correspondent AN OMINOUS silence has descended on the process of selecting a new managing director of the
      FILE PHOTOS  -  1,115 words
    • 895 14 Drama over Wtranto THERE is no denying the strong element of drama in President Abdurrahman Wahid's stunning decision on Sunday night to suspend General Wiranto, the ex-Indone-sian military chief, from his powerful post as coordinating minister for political affairs and security. For more than a fortnight
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  • MALAYSIA news
    • 388 15  -  They hail decision to have 10 anchor hanks instead of original controversial six Reports by Eddie Toh in KucUa Lumpur ANALYSTS yesterday applauded the new banking blueprint unveiled by the central bank on Monday, adding that there is room for Malaysian hanking
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    • 388 15 TYCOON Rashid Hussain will retain control of the enlarged RHB Bank in the consolidated Malaysian banking sector. "I will still remain the executive chairman of RHB group," he told reporters yesterday after the launch by his brokerage of an index based
      REUTERS  -  388 words
    • 267 15 KUALA LUMPUR Reuters SECURITIES Commission chairman Ali Abdul Kadir was quoted yesterday as saying he expects to see mergers among stockbroking firms to be completed in two to three years, leaving no more than 10 companies. "With the coming of globalisation,
      Reuters  -  267 words
    • 233 15 KUALA LUMPUR AP. Reuters MALAYSIA'S national telecommunications company will have to submit a report to the government to answer allegations that it was paid kickbacks by a Japanese trading firm, news reports said yesterday. Minister of Energy, Communications and Multimedia Leo Moggie
      AP.; Reuters  -  233 words
    • MARKET moves
      • 50 15 MALAYSIAN Resources Corporation Bhd inched up 2 sen to RM4.14 on news that RHB Bank has been given an anchor bank slot after all. MRCB has a substantial stake in Rash id Hussain Bhd, which in turn controls RHB Capital—the parent of RHB Bank.
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      • 66 15 MALAYSIAN Plantations shed 4 sen to RM3.78 on news that its Multi purpose n»«ir will absorb seven other financial institutions. Analysts said the small bank will have to count on a major capital infection by its listed parent. Multi-Purpoee Bank will take over International Bank
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      • 54 15  -  Eddie Toh TA ENTERPRISE rose 3 sen to RM2.07 following reports that its brokerage TA Securities is on an acquisition trail. It will bid for broking firm* that are being cleaned up by the national bad debt agency Danaharta. The government would like to
        54 words
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  • SOUTH east asia
    • 372 17 HONGKONG Planned new roles will allow foreigners greater control of local banks Bloomberg HSBC Holdings pic may be in the vanguard of foreign banks increasing their presence in the Philippines through buying local banks, a government official said. The Philippines is removing
      Bloomberg  -  372 words
    • 160 17 MANILA AFP A PHILIPPINE Stock Exchange investigation has implicated Dante Tan, a friend of President Joseph Estrada, in an alleged insider trading scandal, a congressman said. Congressman Heherson Alvarez, secre-tary-general of the opposition Lakas party, said Securities and Exchange Commission chairman Perfecto Yasay identified
      AFP  -  160 words
    • 445 17  -  Plan meets stiff opposition from IMF, developed nations From, Harish Mehta in Bangkok A GRAND plan to create a new global financial architecture to prevent a recurrence of the Asian economic crisis has been killed off by developed countries, top trade officials said yesterday.
      REUTERS  -  445 words
    • 199 17 JAKARTA Bloomberg THE Indonesian economy probably shrank in the three months ended December, as unrest in East Timor, Aceh and other regions scared off investors and the fasting month slowed business activities. While the economy likely grew by 3.2 per cent year-on-year in the
      Bloomberg  -  199 words
    • 994 17  -  comment ASEAN Will It help or hinder the economy? yang razali kassim THE immediate impact of President Abdurrahman Wahid's suspension of General Wiranto, his top security minister, is to raise the stature of the civilian presidency. Although a personal setback for the general, the military as
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    • 74 17 Management Skills Workshops H Courses Date: HI H Managing Interpersonal Communication March m in Your Team Advanced Presentation Skills March mfm Managing Information in Your Team 17 March Hi m Managing Conflict in Your Team 27 March Managing Decision-Making in Your Team 29 March Influencing and Chairing Meetings 30 -31
      74 words
    • 80 17 m ibiai In the world. '&M WrJhA W V WjtM Winter Promotion jg> Ist December 1999 29th Febmaiy 2000 (inclusive) Die WESTIN TAI PING YANG (Sinele) (Double) shanghai USD 98.00* usd 118.00* JSKSSKESKKi usd 108.00* usd i 28.00* .jirrT:,™ (With breakfast) (With breakfast) www.westin.com All the above include: Deluxe room
      80 words

  • EAST asia
    • 513 18 m BEIJING China Unicom seen facing tough new competition ahead of its HK listing Reuters ARMY-BACKED companies are musEg into China's red hot mobile le market, skirting a ban on milibusiness ventures and offering tough new competition for China Unicom ahead of
      Reuters  -  513 words
    • 152 18 BEIJING Bloomberg LUCENT Technologies Inc, the No 1 phone equipment maker, has joined China's largest investment firm to develop digital mobile phone technology in China, as more foreign companies seek to increase their share of the growing mobile phone market there. Lucent agreed to
      Bloomberg  -  152 words
    • 328 18 SHANGHAI tnit to be set up for HE, New York and London flotation Reuters tATE giant China Petro;mical Corp (Sinopec) said yesterday that it plans to list a unit overseas in the second (Quarter of this year, joining tfie rush of Chinese firms
      Reuters  -  328 words
    • 309 18 TAIPEI Web site plans to float shares within one year Reuters TAIWAN'S online newspaper Tomorrow Times hit screens for the first time yesterday, staking a heavy wager that it can woo readers away from print and onto the Web. The newspaper, available only
      Reuters; REUTERS  -  309 words
  • Page 18 Advertisements
    • 179 18 ..BRIKAT BROKAT Global competence leading software for secure customer-focused e-Finance and e-Services Brokat is among the leading international providers of e-Business solutions In the market segment o' Internet Banking the company is the market leader worldwide Already more than 2 000 customers deploy and use software solutions of Brokat Its
      179 words

  • Page 19 Advertisements
    • 819 19 BBBBH High-powered portable computing ■■1111 for business success. The Satellite Pro 4200/4300 series brings you When you're No. 1 again and again.* a Complete business Solution for the mOSt .Th« World's No.l Notebook Computer demanding applications. Packed with Ss££?™£X!!£ art productivity tools, these versatile notebook from International Data Corporation (IDC)
      819 words

  • WORLD news
    • 445 20 LONDON Reuters, AFP, Bloomberg THE price of crude continued yet higher yesterday as producers sent conflicting signals over whether or not they intend to raise supplies. London April Brent blend futures rose 33 cents to U5527.46 a barrel. On Monday the March contract
      Reuters,; AFP,; Bloomberg  -  445 words
    • 486 20 LONDON Central tank governor sees dangerous imbalances emerging between industrial economies Bloomberg BANK of England governor Eddie George hinted that interest rates may have to go up again to hold down inflation, warning that domestic spending in the UK is growing
      Bloomberg; FILE PHOTO  -  486 words
    • 620 20  -  S'pere-based Virgin (Asia) Management to invest in new businesses in region By' Tan Su Yen FRESH from Virgin Atlantic's landmark deal with Singapore Airlines, the irreverent, irrepressible Virgin Group will bring its Midas touch to business start-ups through the formation of Virgin (Asia) Management
      620 words
    • 335 20 m WASHINGTON Bloomberg US industrial production in January posted its largest gain in 18 months as factories, utilities and mines all increased output. Federal Reserve figures showed yesterday. Production rose one per cent last month, after gaining 0.4 per cent during
      Bloomberg  -  335 words
    • 231 20 LONDON Bloomberg BARCLAYS pic, the UK's second largest bank, indicated sec-ond-half profit more than doubled on retail hanking ami as its investment bank rebounded from a loss in 1996. Net income rose to £1 billion (552.68 billion) from £448 million in the
      Bloomberg  -  231 words
    • 227 20 SINGAPORE Initiative cemes from US embassy and American chamber TO foster high-tech joint-ven-tures between Singapore and American small- and medi-um-sized enterprises is the aim of a new matchmaking initiative between the United States embassy in Singapore and the American chamber of commerce. The new initiative
      227 words
    • 271 20 LONDON Bloomberg BP Amoco pic, the world's third biggest publicly traded oil company, said profit more than doubled in the fourth quarter because of rising oil prices and cost-cutting. The London-based company's profit rose to US$2.l2 billion (553.58 billion), or 8.67
      Bloomberg  -  271 words
    • 462 21 TOKYO Interest rates seen staying near zero and public works spending to continue Bloomberg, AP JAPAN'S central bank and the government's Economic Planning Agency kept their basic assessment of the economy unchanged, suggesting interest rates will stay near zero and public works spending will
      Bloomberg,; AP  -  462 words
    • 153 21 WASHINGTON AFP FORD Motor Company, the second largest automobile manufacturer in the United States, will join the bidding war for South Korean car maker Daewoo, a company spokesman said on Monday. General Motors, the largest car maker in the world, has already bid US$6
      AFP  -  153 words
    • 426 21 TOKYO Aide said to have acquired DoCoMo shares unlawfully FT JAPANESE Prime Minister Keizo Obuchi has come under fire over allegations that a close aide unlawfully obtained shares in NTT DoCoMo, the mobile phone company whose shares have soared since its listing in October 1998.
      FT; AP  -  426 words
    • 250 21 NEW YORK Reuters MERRILL Lynch Co Inc on Monday appointed its chief financial officer, Stanley O'Neal, to oversee its US broker troops, making him a likely candidate for the top job at the No 1 US brokerage firm. Mr O'Neal, 48,
      Reuters  -  250 words
    • 542 22 NEW YORK It molls creating separate company in bid to boost its stock price Bloomberg NEWS Corp, the media company headed by Rupert Murdoch, is considering combining its satellite-television businesses and related holdings into a separate company in a bid to boost its stock
      Bloomberg  -  542 words
    • 360 22 LONDON £20b takeover bid now unconditional, acceptance lifudlinfi Reuters ROYAL Bank of Scotland confirmed its clear win in the battle for National Westminster Bank Pic on Monday, declaring it had won acceptances from shareholders holding 60.05 per cent of Nat West's shares. Royal
      Reuters  -  360 words
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  • Page 21 Advertisements
    • 335 21 -> J v r s f'% i »fj mm I -i flf sddl li f mm mmja iwElQ*lJ*yißl* I E m n r®? r*® 1 931 siHi® mm iiisti |k v ,s fjt?» BWSrPB2t3Si Sg9&K| Tr M ip S1 11 J|t> jt jSt i 11 L < 1' i I
      335 words

  • Page 22 Advertisements
    • 1110 22 NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICES HEREBY GIVEN thai an EXTRAORDINARY GENERAL MEETING dto Company wi be held at The Graaaroots'Club, 190 Ang Mo Kio Avenue 8. Singapore *****6 on Thursdays March 2000 all 0.00 am. tor to purpose of considering and, I thought fit, passing Resolution 1 set out
      1,110 words
    • 732 22 (S^QFELS Keppel FELS Energy Infrastructure Ltd (Incorporated in the Republic of Singapore) 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 The Directors of Keppel FELS Energy A Infrastructure Ltd advise the following unaudited results of the Company and of the Group for the year ended 31 December 1999:
      732 words

  • Page 23 Advertisements
    • 186 23 I I www.healthwho.com I K As of today, 2,332 doctors (93.7%) and 663 dentists (90.9%) El H in private practice in Singapore have each received a M licensed copy of the Clinic Management System 2000 I software from Health Who.com the healthcare, K He-commerce, information and communications portal. I NOW
      186 words

  • Page 24 Advertisements
    • 1848 24 I Year end stocking by Vietnamese customers partly in anticipation of possible Y2K problems helped to Ml second half year aalee. but I if/\\\ was insufficient to overcome volume falls in the third quarter of the year, and salss for the year as a whole wars 12% lower than last
      1,848 words

  • FINANCE & commodities
    • 223 25  -  SGX Derivatives Tradingßeports MSGI Singapore Index Daphne Toy Jardine Fleming THE Singapore stock market was depressed yesterday on broad-based profit-taking and lack of buying support, with losses seen in virtually all the sub-indices. Frail regional markets, notably Tokyo and Hongkong, also weighed on the
      223 words
    • 188 25  -  MSCI Taiwan ftxtnres Matthew Den Bleyker Refco Singapore THE Taiwan Stock Exchange Weighted Price Index yester- < day declined 13.71 points or 0.14 per cent to 9,957.74 led lower by banking shares for a second day. Government affiliated j banks such as Chang Hwa
      188 words
    • 303 25 ENERGY REPORT Reuters {LONDON] Oil buyers carried the price of crude yet higher again yesterday as producers sent conflicting signals over whether or not they intend to raise supplies. London April Brent blend futures rose 33 cents to U5527.46 a barrel. On Monday the
      Reuters  -  303 words
    • 342 25 Bloomberg, Reuters T THE US dollar traded little changed against the yen after rising earlier amid optimism US reports this week will provide further evidence that economic growth remains robust, while the Japanese economy lags. "There's a sense the US economy is moving forward fast, while you don't
      Bloomberg,; Reuters  -  342 words
    • Article, Illustration
      1158 25 PITBRBAMM CROSS RATI Feb 15 A$ O M Ffr DwHK$lwiH HfUk Van W» Itl HBWh Nm S% tmt Sfr lfT$ iafct Hmt USS Australia 0.9M 6.178 0.439 4.193 1250 4381 Z7.360 45.758 0.685 7.069 2.384 L*****320 25.353 1063 3.992 1027 ***** ***** 0.395 0.627 CaM* 1095 5.699 0.700 4.590 1369
      1,158 words
    • 1694 25 gOOM FUTUltBS Feb 15 IMO(MnicM>«tfUIW RSS1 CONTRACTS CMb/V) CtoM Mm OpM MMtti M|ft in Sttt (toowt) Marat Mar 00 124.00 ***** 124.50 300 200 Apr 00 129.00 400 Sy 00 ***** 400 JWOO 134.00 400 BUCOWKCTBIiwIiftl) Mm OpM WwtR mfk I— Sttt (tOMMl) IWtTMt Mar 00 76.00 7100 7100 SO
      1,694 words

  • STOCKS east asia
    • 2632 26 HONGKONG Reuters D Seng -***** HONGKONG stocks closed lower yesterday as investors piled out of Cable Wireless HKT and other blue chip tele-coms-related stocks that have surged in recent days. The Hang Seng Index fell for a second day, losing 2.91 per cent or
      Reuters  -  2,632 words
    • Article, Illustration
      922 26 Reuters naMriwßhin -132 SHENZHEN'S hard currency B shares closed down 4.49 per cent yesterday on profit-taking after an 8.70 per cent surge the previous day. The B Share Index fell 4.32 points to 91.75 as turnover rose to a heavy HK5155.2 million from HK5132.7 million on Monday. B shares
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  922 words
    • 323 26 AFP Q VP Index -13.71 TAIWAN share prices closed 0.1 per cent lower yesterday in thin trading as investors took to the sidelines on cautious sentiment, dealers said. The TSE Weighted Price Index moved down 13.71 points to 9,957.74, following a 1.6 per cent drop in the previous session.
      AFP  -  323 words
    • 1848 26 TOKYO AFP □MkkattS -188J3 SHARE prices in Tokyo dropped one per cent yesterday as companies sold banks and other issues in a bid to improve their books towards the end of the fiscal year, brokers said. The collapse of mid-sized property developer L Kakuei Corp
      AFP  -  1,848 words
  • Page 26 Advertisements

  • STOCKS klse
    • 8101 27 ■NHIMftS >■'* Cmmmt prefects Laat Val Day Hat Caa "N* K" ciw»m %tn "ooo mh> l— Ptt urn 402 310 Aynomoto 362 -6 5 384 382 24.2 154.8 130 91 Angliasa ITT -8 351 130 ITT 1715 ♦44 »0 A potto Food Htg 410 -8 38 426 410 9.8 M4.0
      8,101 words
    • 417 27 AFP CI Composite Index -177 MALAYSIAN shares closed 0.3 per cent lower yesterday after early gains led by banking stocks fell to light but widespread profit-taking, dealers said. The KLSE Composite Index ended down 2.77 points at 995.52. The Second Board Index was
      AFP  -  417 words
  • Page 27 Advertisements

  • Page 28 Advertisements
    • 1377 28 MMpp Issue 1, February 2000 -CM P L O Y E RNews A CPF NEWSLETTER FOR W W k& M One number I Full day at all CPF 1 ortices on Saturdays I IflPflHBH From March 1, the f*\ I I I WZBoard's branch offices I I I I I
      1,377 words

  • SGX clob & regional stocks
    • 2300 29 BOMPS&WMuumrs Febl5 y- a > .r sr-— ajaa r *5 104 10.5 3160 *ACT ******1 08$ 43 43 433 33.1 j «2 s s :i3f 37 ii 193 39 37 m s i H s *5 S, ;&f SBggj&gff g 3 587 U 2 g s US ,5 2 S
      2,300 words
    • Article, Illustration
      750 29 AFP n SET Mm -1151 THAI shares closed down 3.7 per cent yesterday led by heavy selling in communications and amid panic-selling after the index fell below the key support level of 440 points, dealers said. The Stock Exchange of Thailand Composite Index shed 16.59 points to end at
      AFP  -  750 words
    • 287 29 AFP Qftmpoate Index -38J8 PHILIPPINE share prices fell 1.9 per cent yesterday on lingering domestic concerns. The PSE Composite Index closed down 38.68 points at 1,938.06. Volume rose to 8.9 billion shares valued at 2.6 billion pesos from 4.5 billion shares worth 2.067 billion pesos on Monday. —AFP N>B
      AFP  -  287 words
    • Article, Illustration
      639 29 AFP flCwnpogteladg +3JB INDONESIAN share prices closed 0.5 per cent up but off their highs yesterday on late profit-taking spurred by weakness in most regional markets, dealers said. They said the afternoon run wiped out earlier gains triggered by the perception that the political situation at home was improving
      AFP  -  639 words
    • 250 29 AFP Qnzse-M ♦nj» NEW Zealand's sharemarket, led by Telecom Corp, yesterday rebounded on solid turnover. The NZSE-40 Capital Index rose 21.99 points, or LI per cent, to 2,036.37. Turnover was worth NZ5117.2 million. Telecom closed 23 cents higher at NZ$B.6O. AFP *>■ a mm AdyantagaHOS 3.55 -O.OS 59 Mr
      AFP  -  250 words
    • 528 29 AFP FlADOrtittriw *218 AUSTRALIAN share prices gained 0.7 per cent yesterday thanks to gains by News Corp and Broken Hill Proprietary Co and an overnight rebound on Wall Street brokers said. The All Ordinaries Index rose 22.8 points to 3,158.1. Turnover totalled 1.13 billion shares worth A 51.94 billion.
      AFP  -  528 words
    • 237 29 AFP Composite Index -3L17 SOUTH Korean shares plunged 31.17 points or 3.4 per cent at 879.70. Volume was 217 million shares worth 3.1 trillion won.—AFP W *fSami KSO 1200 •rakiTM* WOO -70 CMfrdBa* 2640 10 QmUCtmm *****0 -3000 DmGmMl 2700 120 0MMnfC«r» MOO -170 OwmCWI 413 -10 OWMCfrct 725
      AFP  -  237 words
  • Page 29 Advertisements
    • 117 29 Daniel Jeanßichard Commemorative stamp (1941) This high-tech model, Chronoscope, has several special characteristics: J|2Ml9^^S2^^ paying homage to Daniel /At a large dimension (43 mm), water-resistance to 100 metres, Jeanßichard, a celebrated watchmaker known as the and a bi-directional rotating bezel under the glass activated f*EB/KKUBr\, "founder of the art of
      117 words

  • 8432 30 soimaBoaM) Transaction date: Feb 15 52-Wk Cf Or M Vt Mtan V L*t Vol Day Last Oust* Dtv D»v Yld Net Cm Avg LOW S,No Company Sale COOP) Hlgll L— Buyer 5—r Cwr PH Smll Price MILTHNOUSTRY 'm 2S m r>n iu^, 2? 340 136 '34 135 136
    8,432 words
  • Page 30 Advertisements
    • 62 30 f/i NEED A LOAN? fqM With 50 years of financing strength, j-r;- |P we serve you in confidence. Home Financing Property Loans Car Financing Factoring QINfiAPIIRA I IJJ V Share Financing Vessel Financing Equipment Financing s^^ietyltd Beach Road 292 1459 East Coast 348 8262 Beclot- 445 8011 Bukit Tim,ih 467
      62 words

  • Page 31 Advertisements
    • 596 31 Where to wine, dine and («f exsstt <<Se! 76 Bcaa Buah Road, Staaapote *****8 Teh 338-8333 /Fan 339-6866 Wet*ite i http'7/www om-t( E-mail RotiuriatiaCifkiw rna ig l| Jl"" I Weekday Special Lunch Menu Y 4 $4.50 nett per item v 1 with FREE-CHOICE of one cofficc/fea, soft drink or Chin
      596 words
    • 138 31 Bi I V JKfm m' 11 Eg 10 TO 20 FEBRUARY 2000 Q> RESERVATIONS 831-6258/88 -OL— Ul I 111 Orchard Road, Singapore 21Mb/. I M: 7)7 4411 Fax 712 2161 VMH VUo CVM«KS< Rg<f*u»r*wf «»U K*maH- c*rfg H<w Ve*r Isf 1 tfU February, 1000. "lo Hei* to a pro*perou» Year
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  • Page 31 Miscellaneous
    • 718 31 I y|»^l Caatnl 0-00 Wheel Fortune. 1030 snag. IHBHHHIIIIHHI B_ SsS!?a:SSffii 38SE** ""KSSS"! 7jao New Candid Camera. 2jOO Colourful Living. worm cup. fcnemeid 2 •JO Men In Black: Take No (Lastep)m 3,00 True Col- «_OO Sailing: Louis Vuitton Prisoners Syndrome. 9 "oo Mr Bean. aj(A iw-tKoat Cup, 2000 Highlights, 10-00
      718 words
    • 233 31 UKKKfIC CROSSWORD ACROSS lingered (7) 6 Conspicuous, Kenneth should 5 The truth's misleading with it (10) spot it (10) 7 AwfuNy grey, minus the sea hol--8 Point at which cold water be- es comes pleasant (4) 8 fr, m which Dracute comes to 9 Take on a girt, we hear,
      233 words

  • MONEY matters
    • 1067 32  -  I-I i comment o c 33 JO m z o m c/> All eyes on Greenspan's Humphrey Hawkins testimony tomorrow larry wee THE greenback's moves continue to be pretty much dictated by the volatile fortunes of those who invest in US assets, although the fact
      Source: Hypovereinsbank  -  1,067 words
    • 713 32  -  By- Albert J Hofman The writer is head qf Asian fixed income research at ABN Amro Bank in Singapore. This article does not constitute an invitation to invest. BTand its contributors will not be held liable in any way THE Year of
      713 words
  • Page 32 Advertisements
    • 352 32 Gear up for 10% p.a.* interest rates on your Singapore Dollar Deposit fcjL sc. Pair your Singapore Dollar with tht Japanese Yen and mikt your money work harder. in two world currencies at the same time. This unique pairing could I I potentially give you 10% p.a interest or higher
      352 words

  • SHIPPING TIMES
    • 280 33 Bridge News, Reuters THE dry cargo freight market got off to a positive start for capesizes generally and for panamaxes in the Pacific, brokers said on Monday. The Far East was described as strong for panamaxes in ample fresh inquiry, with some brokers forecasting US$l2,OOO daily for round
      Bridge News,; Reuters  -  280 words
    • 208 33 ■HHM < w OlHWl»p Q 1 9947 CMWlMMtlMnt—.109 -004 M g*W»UNM 0.26 -O-OI 900 etHimm o mz -aw t Hd Sun Hue 0.78 -OOI 70 IIK 5.60 unch 0 HJW 3H4 -002 2293 MWjFUS 1.19 -002 95 yjjfrt— 140 OTT 1490 2.73 -009 934 L*n>y>— 1.76 -OOI M9
      208 words
    • 550 33  -  PSA Corp among three groups keen on USsloom port expansion plan From, Rajendra Bajpal in New Delhi THE Indian government has given the long-delayed green signal for further talks with three global port majors, including PSA Corporation, for a key expansion of container
      550 words
    • 761 33  -  STKAIT TALK By\ Seafarer T| HE political implications of pie Erika spill which has badly affected the French coast are starting to be felt. The International Association of Classification Societies (LACS) is holding a special meeting this week to
      761 words
    • 307 33  -  Byi Ann Toh [SINGAPORE] The major transpacific container shipping lines in the Westbound Transpacific Stabilisation Agreement (WTSA) have announced a set of rate increases for the year. The increases are levied on a wide range of commodities but perishable and refrigerated goods will
      307 words
    • 179 33 [SINGAPORE] Three shipping lines have announced they will jointly start two new services from Asia in April. Cosco, K Line and Yang Ming, extending an existing partnership, will jointly operate a new service to the US east coast and
      179 words
    • S KOREAN shipping companies
      • 619 34 Lower foreign debt service costs also helped, but rising capacity seen to limit revenue growth Reuters [SEOUL] SOUTH Korea's major shipping companies benefited last year from freight rate hikes and lower foreign debt service costs resulting from the won's surge against the US dollar, analysts
        Reuters; FILE PHOTO  -  619 words
    • 285 34 PACE ECl 4 ml 3 ECU Line 6 Accord 8 iVUnK 13 Ahrenkiel 14 6 Appcftstap 5 AsiaOCL 13 Frt Unks M Austral 8 6L Avail 14 t m4f,r fts B'tang Mas 8 0m > 0 8SA r aofc- BTL |4 CloryNav 14 Balaji Shpg 5 Bangladesh
      285 words
    • 19113 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Nam* Number Number SIN Dest'n Nam* Nam* Nwnber Numher 23/02 19/03 Nor Ml ISE 022S 45-37*5013 To ABIDJAN (ABJ) 2003 Cot* D'lvoir* 21/02 21/01 cosco ever govern oootw *5-22*1*00 21/02
      19,113 words
    • SHIPS IN PORT
      • 648 47 Vm*' Voy No Berth Arrival Departure "NJ ***** JOI 15/02/8:30 16/02/23 59 W *4 F*»-# J01 15/02/10:05 15/02/23:59 F F*M5 *1 15/02/11:05 8/02/23:59 I S2000I J10 15/02/12:30 16/02/8:00 Lucky 3X3 15/02/9:35 15/02/23:00 "to S®*" IU2500 J03 15/02/12:55 15/02/20:00 ***** J01 15/02/14:15 15/02/23:00 Bu«098 J16 15/02/16.00 16/02/4:00 **9® V*25
        648 words
      • 1680 47 RECEIVING OF EXPORT FO. CONTAINERS AND LCI CARGO Booklng/Manc* tsth Sl, p Voy Etb/Btr Parted fron To Fron MA MUM 3tn 16/15 00 u tvrsoo tvtuf IVWOO «i cow 17/tt* a amn mi wnaT B/HOO IV*» V-soc a a/mo imh wamoo a a/mo */ow worn MM Mm WW
        1,680 words
      • 203 47 Fab 23 Brunei: National Day. Fab 28 Taiwan: Peace Day. ■Karl Korea: Independence Movement Day. Marl* 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 Taiwan: Market Holiday for
        203 words
      • 772 47 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars Instead at single prices for a more comprehensive description of the market. Prices shown are baaed on average steed stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        772 words
      • 499 47 CartM MO Mu 990.8 0.8 16.9 0.08 78 0.05 N8» Oawftf M« Mta As* mmmm Tif~i 1 No ttxr* 12S 0 0 12 0 0 0 lgl 380 Aw 968.0 0-3 MJ 0M7 40 0.03 baa 380 Mu 992.0 0.7 W2 0.14 270 0.06 "MT1 %m*
        499 words
    • AIR & LAND transport
      • 378 48 European Shippers' Council concerned abont impact on its members Reuters [BRUSSELS] An association of European exporters has written to the European Commission asking it to look into the recent decision by the airline industry to levy a cargo fuel surcharge as a
        Reuters  -  378 words
      • 458 48 US jetmaker still expects to meet this year's target of 490 plane deliveries Reuters [SEATTLE] Boeing Co has now gone six days without delivering a commercial jet, largely a result of a walkout by nearly 20,000 engineers and technical workers', the aerospace giant
        Reuters  -  458 words
      • 206 48 Reuters [BRUSSELS] Belgium's aviation authority said on Monday it would probably grant discount airline Virgin Express a standard two-year operating licence at the end of February. "We have planned a few routine inspections. We have to see the results of the inspections.
        Reuters  -  206 words
      • 375 48 Bloomberg [PARIS] Air France SA, Europe's third-biggest airline, said it plans to spend 1 billion francs ($254.7 million) over five years on improving electronic technology to help passengers buy tickets and keep them entertained on flights. Most of the spending is
        Bloomberg; FILE PHOTO  -  375 words
      • 576 48 AT-AMT* AP [WASHINGTON] Problems disconcertingly similar to one found in the horizontal stabiliser wreckage recovered after the crash of Alaska Airlines Flight 261 have turned up in at least 15 of the jetliners inspected since the accident, US federal officials said. Eight of the
        AP  -  576 words
      • 1546 48 an FU6W cb> rmw no caw aws aw bb UMl AM230 DOS M YW741 1310 VNS0742 0905 LH6361 1905 S0VW76 1035 snao ww WT4P mb imtlltm KL0643 0525 KLOtM 2335 MB91 IT*) MI892 0735 6A975 BIO AJU32S 2345 1WW 848 WW IMS mw p wa 2Hi
        1,546 words
  • Page 33 Advertisements
    • 188 33 South Korean shipping firms: rata hikes Ml bottom Hno Page 2 SingaPort 2000 6th International Maritime m m Exhibition and Conl*rt«c« SingaPort 2000 Asia's Premier Maritime Event a week you can't afford to miss! mt Expo OPENING HOURS 31 March 2000 10 00 hrs Network with the special highlights oXnortS
      188 words

  • Page 34 Advertisements
    • 1110 34 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I I MX-SUPtBawrTTLEtXPHtSS-DIBICTTOLOWOBtACH I 11 WEST COAST Of CIWTTIAL AAHMCA (MAHQABfTA BBWVICE) I vot MM roaw lanma anus how okmo mum ■acoon wsa wt jk n.aunml kajihu mnowao cmmto ptcjumal mbmvbumu! uuwaiiir •mmmmm mm ii/m u/m m/u m/m m/m ii/m
      1,110 words
    • 664 34 Lines services represented by Members of the Registry of Accredited Shipping Agents, S'pore Notionol Shipping Assoc. Members of the Singapore Logistics Association ULY UNE MALI Ivisstt I voy Itu Tni eu p. HUNG SfOti MALI Empress Lily VO2OO 23/02 21/02 01/03 Princess Lily VO2OO 08/03 09/03 18/03 Empress Lily VO3OO
      664 words

  • Page 35 Advertisements
    • 1107 35 TO EUROPE FROM EUROPE Vtssa VOY SM ITM ANN HAW HV SOU FTI LfH fossa »or |m Ml mil HV sou FIT ta sM~ NOLAMAZOMTI W7W 17/02 11/03 1/03 9/03 4/03 HY COMMODORE 3231 29/01 26/01 27/01 24/01 17/02 MAAS S3SW 11/02 4/03 1/03 11/03 12/03 HYDUU 3221 21/01 30/01
      1,107 words
    • 1624 35 OHANJIN SHIPPING iikPl 6 »fe fwtyn Im -S*r *****30 hanjim SHiffWGcsi rnitp hm* im toou% *****35 w saus *****74 a potman *****71 274 ormnons ?3»?5025i mainit* *****55 hi rrmvi ano **********0* TO NW USA A CANADA USA CANADA' urn s* uknau/voy n I n I m loa m* m on
      1,624 words
    • 474 35 FULLY CONTAINIIISID DIDICATID SItVICIf vcsa m_ _sm_ re hot «a uso ws |*ssa TwTjSMj m Ivtssa Iwr pal^Hp"| OIK PfliM6 002S IS/W 14/0? 0020 17/02 21>H2 73/tt 25/02 24/02 {Sir Im> I lrn? I wltt 1 Imffil r>T> I HYUMOAISWWTB PA 11/02 H/0? TJ/Oi 7V02 QIAO Mwu I W/0? I
      474 words

  • Page 36 Advertisements
    • 1523 36 DSR SENATOR LINES TO UK/CONTINENT TO MEDfIIiIKRANEANCIANADA wt sm ia mil w ma w m vtssti toy aw*| sn fos vie mth~ MMUHOtMU BBS2W 17 K HO 8789 KB MB 118 118 MNZMOOUM DBVW 17 V KB 17 B BB 118 118 HMUN GENOA BMW lIC 12 B 13 B
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    • 719 36 WUkM MAC-NELS S'PORE M'SIA L_ a< ,J Carrier: MN CONTR LINES, INC P. GUOANG: (07) *****2* J cmmkiwmoaom SBU: (084) *****9 MAMLA. (832) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT (21) *****46 KUCMNQ (062) *****1-3 BARCELONA EX 'EVER GLEEFUL' V. 0734 ETA
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    • 587 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO V«MI S PORE N SHEVA COLOMBO P KLANC CAPE CBEUS VIKW 28 FES 21 FES SS SUA 11 MAD CAPE CANAVERAL V IISW 27 FES 17 MAA 12 MAD IS MAR TULSIOASVI2I K MAP 14 MAR IS MAR 29 MAR CAPE CREUS VIB3W 12 MM
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  • Page 37 Advertisements
    • 1749 37 vessel voy khh hko sin pkg dxb dmm I b* bik IRANSHAHRYAR PCL-141 09/02 11/02 15/02 16/02 28/02 27/02 29/02 02/03 MMN BAABAEI PCL-142 18/02 18/02 22/02 23/02 04/03 08/03 07/03 09/03 IRAN SEESTAN PCL-143 23/02 28/02 29/02 01/03 11/03 12/03 14/03 18/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/03 08/03
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    • 1036 37 FIB 2000 ACCETOM CM 1 TO DAUB, UOOS, TEMA ft I ABIDJAN ¥1A OENOA J I M ROtINSON RD TIL 226 1900 FAX: *****08 OUTWWtDfiTir^^ Mr»i nT.7 S .KSK MGPTiITD c'EIL.,- SAIfS/MGS 4205*57/43 INWAIO KPT (D/ 0) *****55 COSTAR AGENCIES (M) SDN BHD T/SHPMTPEPT *****25 TEL- 02-07-35 ***** FAX: 02-07-*****70
      1,036 words
    • 658 37 mtopt ixFUKss scrviq EXPORT I IMPORT lflf Ifflfi lift lifltlifiilijF ■M U <W, Iwlf il lF AOTW6 (AKOBIOI HO* I) NOBI WHMWH KMCO* $1 PnBKMK VIA NMI7) WMW VU (IB TRANSPACIFIC SERVICE EXPORT I IMPORT vtssa Ivor sw Iw[ m» iiccrmowcoßiotiivyiwiMr vnsa Tvot Ego —oa ——m 00/03 13/03 HJ OSAKA
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  • Page 38 Advertisements
    • 1317 38 EUROPEAIK/SCAWPtMAVIA/FINLAMD/RUSSIA S6P RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL I SGP i DEVELOPRMN 16*2 00*3 15*3 11/03 13/03 14*3 IS/03 E. REWARD RE-037 27*1 20*1 20-TI 3401 61*2 20*2 T\/K E. DECENT RW-013 27*2 16/03 22*3 17/03 10*3 21*3 22*3 E. REFINE RE 024 03*2
      1,317 words
    • 677 38 f PACIFIC INTERNATIONAL UNES (PTE) LTD A I SSSSV MmM 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CP HO **********0E I Iffiffl YOT M tf —IB Ml 8L i 1= Z i, M OUNGA THATM 4 ITTOSI H/7 >/> 13/3 l»/3 74/3 2S/3 I I Ivissa vot
      677 words
    • 369 38 INljltiMllflfl SI TELOK BIANGAH ROM #02-02 CTnPOffT CENTRE STOK *****0 TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W rasa m. n eid oestomton mmuqw rrnun nmam nLuumum hmuqm mamamem vmom m.uum umni nm vmtm vmam pwtmmw mum naniuuM emom mßamcno.mummmtv For engines and dungs piitn cowtict.
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  • Page 39 Advertisements
    • 960 39 BSA| Imm MYANMA wßm. FIVE STAR UNE (Mywmar fcllwd Um) LM«»g for Yomjoi (Rmfooa) VBsa *OT SM m pn pw MTTm 01W SU> «FM« 247W MPT ■ALATSIA AGOITS; OOUSTtAD SMPPM6 AGBKKS Bt: TH (03)1417)00 MU: TH (03) *****01 Wfc IH (04)*****02 rCU: IH (07)*****21/4 BANK LINE (A lorvko 01 kairtm
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    • 459 39 vOOv WALLENIUS WILHELMSEN TO WORTH ADD LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE* F™ s I"* WBWf I iil lucl mo m|mvlm I ow I mtc I it, Imm I SSI s:s 2 l^^®2-"R7H-«75r-iS7srTi7iru7irwT^r TAMKBf aum! Uli" 10/04 U/M a/04 25/04 26/04 20/04 02/05 06/05 IH**s— n/u m/o; n/n tyos n/os
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  • Page 40 Advertisements
    • 1749 40 J AK AWTA/P<W J AWQ VESSEL VOV SIN BKK MTP LCH VESSEL VOY SIN JKT PJN YANTRA BHUM 329N In Pt 2(V02 IjjW AKA BHUM 382S In PI 18/02 20/02 NANTA BHUM** 463N In Pt 19/02 20/02 BANI BHUM ***** WW 20/02 MATWU BHUM 464N 18/02 23/02 22/02 SHAHE* 02S
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  • Page 43 Advertisements
    • 62 43 II New Advertisers/Services/Ag^ok HWW.H IRAN AFGHANISTAN Turn To Page-3 Cross Ports Intercontinental Pte Ltd COLUMBUS LINE Look Out For Our Schedule Every Tuesday Page 8 Ben Line Agencies (S) Pte Ltd MALDIVES NATIONAL UNE See Our Ad on Page 4 under Seaward Shipping Agencies Pte Ltd. jysjv. Singapore Pte Ltd
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  • Page 44 Advertisements
    • 86 44 M RICKMERS-LINIE yo^K^l. Agent Hapag-Lloyd (S) Pie Lid -Breekbalk -Ovenue \1 200 Cantonment Ro»d #08-02 Southpoint •ftojectC«jo •Container Singapore *****3 Heavy-lift Services tn; Regular Break-Bulk Project-Service US-Gulf East-Coast (Houston, New Orleans, Savannah, Camden, Baltimore) Europe Med (Alexandria, Savona, Rotterdam, Antwerp, Hamburg, UK) Interasia (Haiphong, Hong Kong, Shanghai, Dalian, Xingang) Loading:
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    • 51 44 WI&2&SM metroport snipping sdn. bnd. IWlft SINONOR MERCHANT n jd* 4iewrwi e«ißw e*r*. MARINE CO., LTD. UM )-MSIfU/73«/tm Fu:M3-MM2tI r m* m-n fihlplin pi FARWIDi SNIPPING AGENCIES PTE ITD tAW I fat 721-U77 (5 Ifan) F«: 224-ISI4 PKL: POtT KUII6 SIX: SIM6AKHK HKC: HONG KON6 USW: ULSAM PUS: PIiSAN KWT:
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    • 46 44 SHIPPIN6* WAREHOUSING ••tan: Singapore Loading Daih Mon lo Sal (BATAMINDOI/III) Accepting FCLConventxwial/Profect/Heavy Lift Reefer Container Mm: Singapore Loading Man. Wed Fri (BATAMINDO II) AaxpOng K1 Xanvcnnanal/Praject Heavy Lift Cmgo Ut 227 0322 Fax: 222 9330 mil nliiii rUpplij WM>h.,ihn m |l —»-51 Tht 11 I >WM4
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  • Page 45 Advertisements
    • 1160 45 SSAMUDERA SHIPPING LINE LTD 72 teMa Ktad, *06-01 to 03, Slßfapwi *****1 MAM LINE/OUTWARD: $32 Ml INWAID (MO): 437 2360 IMPORT STATUS (MOh 437 2371 WVWTORT (MO): 437 2420 Wtfcdto liHyi//www.iwd«f.(Mi CR NO. **********0* BOOKINGS UNI: 335 6266 (C><iq/Jmka/M<i Chon/J«»tynn/Porq/Hanim) E&ZSZBDKEHH bsigs/WKKIY EQnBBI 3SIGS/WKKIY VPSfI I VOT I SW JAK
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    • 942 45 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO |rn6|Hw|MT|wi|nw|ppo|qy|iow|HM|im|otf|uv|i«w|TMi|Ho<i| J4/{2. _17/g_ Jj/g_ _W/QL 3470? 04/03 00/03 >4/04 00/04 10/04 14/04 17/04 23/04 MKHMH/MH _2IZfIL MI2L Jft/li JLlflH. _2i/03_ 11/fll 2i/04 H/oT ~3oW "03/0T "07/05" "nTos" um HOtCM POME /0454 10/03 74/03 27/03 20/03 00/04 01/04 15/04 H/04 U/OS IVOS 21/05
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    • 632 45 hCSB eng lee shipping control I uS3MM7 5 |t Umil FOI SUMM/SIUtM I r ai isiwwm I VESSEL VOY SMETA SMETD OESTMATKM Decwhegos 3/00 M/ 02 15/02 Sunhmc DwDow 2/00 M/ 02 15/02 LW: IJwnSorM 2/00 14/02 15/02 j*m Unwi Sib 22 2/00 14/02 16/02 I Wd/Ju* Unwi Sw 12
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  • Page 46 Advertisements
    • 639 46 I VESSEL VOY TIGER ARROW 774N 18-19/02 24-27/02 03-04/03 I TIGER RHYTHM 775N 22 23/02 27-02/03 OM9/03 I TIGER BRIDGE 776N 25-26/02 02 10-11/03 I TIGER METRO 777N 29-01/03 05-08/03 12-13/03 I TIGER ARROW 778N 03-04/03 09-12/03 1M9H03 I TIGER RHYTHM 779N 07-08/03 13-1&03 21 22/03 I IVESSE^^\7O^^SE^^CA^^S!^^| SIN HAI
      639 words
    • 895 46 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO OSAKA/NAGOYA *LAEM CHA BANG •LAE/PORT MORESBY PASIR GUDANG *CEBU ADELAIDE/BRISBANE •TAICHUNG/KAOHSIUNG SHANGH AI/XINGANG *MAHE •INCHON HAJPHONG/PHNOM PENH *YANGON •SEMARANG/BELAWAN "SUVA/NOUMEA •MALTA FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYLIFT CARGO Bobby Lee *****71 bobby@flesin.com.sg Lawrence Lim *****78 lawrence@flesin.com.sg WAREHOUSING
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    • 60 46 yor iw n? mxrrotT hoytut MNUNZA ***** 11/02 71/07 BAMMOK/HCKNIMIMH 30MI WETHYS! A 7004 77/07 75/07 TAMOM/CRITTMOM 30MT TM 74/07 71/07 MUUtA/KOTA KINAIAiII 30MT SOWMNU. UMM, WWUI HUMUCtfIUI. NMWM. TOMUU, (MTM, lUMFMM. IWWIt, MOT* CNHU. AU tmSmnt. —arm. hmutwm ww imwi» UN BCMQ MO SMPMNG ft TRADING CO PTE LTD
      60 words
    • 1210 46 for booking t enquiry cat *****80 TjJV Weksite: Nttp://www.Md.(Mn V~3/ JTW MOITH AMtIICA USA sgpia oi memimhou I !ac«r} m£m ire HOU oil ia scp OOQAUMNQO4SN HI FT 03/03 01/03 09/03 09/03 01/03 OOQ CAUFOMU 47W504 75/01 24/01 27/01 21/01 02/07 20/07 OOQ GUMMA 43CSM 73/07 1(1/03 15/03 14/03 14/03
      1,210 words
    • 73 46 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 22AJ2 23/02 BE LAW AM/PALE MBANG JUBILANT 25/02 27/02 YANGON/CALCUTTA CHAHAYA STAR 04/03 05/03 CALCUTTA REGULAR DIRECT CONTAINER ft BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS 02WB 22/03 02AM 07/04 ALS ENDEAVOUR 03WB 27/04 08/05 13/06
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  • Page 48 Advertisements
    • 48 48 CHENNAI based leading Shipping Agency invites Tie-Up on the following: Please send proposals, company name address to: A.S. Cargo Agency ALFA Complex 2nd Floor #298 Thamtou Chetty Street Chermal 600 001. South India. Phone No: 91-44-*****78, 91-44-*****13. 91-44-*****21 Fax No: 91-44-*****78 EmaH: ascargoserviceOeth.net PTC: A. Srintvasan, Chief Executive
      48 words
    • 26 48 fasti; i i 11: swkkt reward OF 3,000 BONUS ASIA MILKS lIKN YOU JOIN NOW. AND IKY IX) I lONCi KONCi KOR ONKY S6SS. A jj
      26 words