The Business Times, 22 February 2000

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Microfilm: NL21770
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MfTA (P) 035/12/1999 85« SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY. FEBRUARY 22, 2000
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  • Article
    Lock icon MARKET SUMMARY
    59 1 □sn VIUB (-61.51) n»® M (-24.66) namrumuß mM 273.46 (-16.86) SVMKKAIKBTOOUCBS Monday Choice KLSECOMP 1,117.11 -CM WKKH 11*175 ***** HAN08EN0 1U2U7 ***** 8IT INDEX dosed JAKARTA COMP _JRN 418 MANILA COMP —W2184 40.44 TAIPEI WP! M12J7 -148J8 SEOUL COMP ***** -2182 CL8A CHINA B 814 ft lift AUSTALLORD
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  • Article
    Lock icon FINANCE
    79 1 F0B2X BATES US6 8t U8» 1.79? l(U8»«lperf) 1«B 1714 EU»(U»**E) tin 1.068 Ml 1JW em YEN 110.6 L64I Ml SJ0I 0.449 HKS 7.781 0i21| BAHT 38.06 ***** RUP1AH 7.496 6 0S 'MtomanJO •attommm PUKE BATES SINGAPORE* 5 JO WJALA LUMPUR 7.f7 JAKARTA .39.00 BANGKOK _»J# MANILA 11.00 HONG KONG
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  • Article, Illustration
    Lock icon DBS unloads controlling stake in DBS Land
    844 1  -  Pidemco to pay nearly $lb for 24.9% stake; DBS to retain 5.4% interest Buh Kalpana Rashiwala, Siow Li Sen, Marissa Chew [SINGAPORE] In a longawaited development, DBS Group has finally sold a controlling 24.9 per cent stake in DBS Land to fellow govern-ment-linked
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  • Article, Illustration
    Lock icon Profit is a dirty word for Tom.com in next few years
    678 1  -  It aims to be top multi-lingiial China related mega-pertal By' Teh Hooi Ling [SINGAPORE] Like most Internet start-ups these days, Tom.com, Hongkong tycoon Li Ka-shing's first Internet venture, has no idea when it will be profitable. In fact, the
    REUTERS; CHRIS LOH  -  678 words
  • Article
    Lock icon S'pore investors in active discussions with Ibra
    957 1  -  Talks led by 6IC, Temasek; GLCs, big corporations involved; MOU to be sigied within 2 mths Froml Shoeb Kagda in Jakarta SINGAPORE companies, with encouragement from their government, are in active discussions with the Indonesian Bank Restructuring Agency (Ibra) to acquire distressed corporate
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      95 1 DfSTOE Top ttorlit Effective Capital may lower 2% Ctob fee. Pg4 Cycle Carriage believed to have bought NZ truck ops. Pgs Aussino.com launches IPO at 88 cents each. Pg 5 SembCorp Logistics doubles earnings. Pg 9 Sime S'pore posts 184% Jump in interim earnings. Pg 9 Proposed Sing Tel merger
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      86 1 ■1 "Risk-taking is the essence I of the new economy. But we will educate the public In the I risks, so that people knew what they are doing and go in with their eyes open." I BG Lee Imlmlmbm scheme's rules may be relaxed, Pg 10 Jakarta will shake up
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    • ON THE grapevine
      • Article
        Lock icon What a flip flop
        91 2 LAST week, Prudential-Bache Securities announced in a statement that it had appointed Neil Juggins, who was formerly from Paribas Asia Equity, as head of telecommunications research for South-east Asia based in Singapore. That was duly reported in this column. Then late last Friday, the broking firm
        91 words
      • Article
        Lock icon Bank with a heart
        74 2 DBS Bank is doing its bit for charity. The largest Singapore bank said last week it will be giving $100,000 to Touch Community Services, the Society for the Physically Disabled and the Singapore Association of the Visually Handicapped. In all, $300,000 will be given to charities
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      • Article
        Lock icon Unholy war
        112 2 AN unholy row is brewing between Thailand's fashion gurus and its Buddhist clergy over recent photos of top female models and pop stars posing in outfits resembling monks robes, AFP reported. The department of religious affairs is investigating the spread in popular women's magazine, Phraeo Sutsapda, featuring top
        112 words
    • Article, Illustration
      Lock icon Govt cannot stop risky SGX listings: BG Lee
      508 2  -  Bnt it will change its requirements for prospectuses to ensure proper disclosure Byi Audrey Tan [SINGAPORE] The government cannot stop risky or over-priced companies from listing on the Singapore Exchange (SGX), but it will ensure proper disclosure through more stringent requirements for
      FILE PHOTO  -  508 words
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      375 2 KPMGSeminarSeries A new budget for a new economy? Friday, 10 March 2000,9.00 am to I.oopm, Orchard Hotel, Ballroom Information technology and globalisation are changing the way the world does business, and Singapore must embrace the same to stay in the running. From a nation which is exceedingly comfortable with allowing
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      278 2 I Hie Hull MBA OF HULL MBA (General) 28th Intake /tT 7-^ "Ranked Among Starting in Singapore April 2000 ,f SeMio** 1 MBA (Investment Rnance) 10th Intake V ur 7?oo F p.m?°°/ Universities, 1999" Starting in Singapore March 2000 UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" PhD MBA
      278 words
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      182 3 Vy v 1 -fc- < I *t J J m Hki J ilki^H They have made their mark on world trade. I Asia Pacific Breweries, Bax Global, Borealis Singapore, Cerebos Pacific, I I Creative Technology, Hewlett-Packard Singapore, I •"V H I Informatics Holdings, Keppel FELS, Maersk Singapore, Salcon, I I
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Big changes afoot at DBS' fund management arm
      382 4  -  Rothschild's director and chief investment officer Patrick Tan moving to DBSAM By\ Wong Wei Kong TOP level changes are in the offing at DBS Asset Management (DBSAM), the fund management arm of Singapore's biggest bank, DBS Group. Patrick Tan, who was chief
      382 words
    • Article
      Lock icon Vickers upbeat on e-trading
      190 4 Reuters VICKERS Ballas Holdings Ltd, faced with eroding margins from broking, is upbeat about its prospects in elec-tronic-trading and its venture capital unit Vertex Ventures Pte Ltd, chairman Stephen Lee said yesterday. Vickers investment arm, Vickers Capital, exited its vehicle and equipment rental business and acquired
      Reuters  -  190 words
    • Article, Illustration
      Lock icon DBS names eight new managing directors
      414 4  -  PEOPLE One is a PR, another Singaporean; the 8 bring 140 years of experience By Siow Li Sen DBS Bank has taken on eight more new managing directors, bringing the total to 18 since it began its hiring spree some 14 months ago. Of
      414 words
    • Article
      Lock icon Effective Capital may lower 2% Clob fee
      715 4  -  Offer lapses today; source says fee negotiable but not timeframe From] Eddie Toh in Kuala Lumpur AKBAR Khan's Effective Capital may shave the 2 per cent fee it wants to charge Clob investors to placate the Singapore Exchange so that it will distribute
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    • Article
      Lock icon Gold mine stocks: All that glitters is not gold
      643 4  -  lock siew] neil behrmann GLOBAL commodity and hedge funds are beginning to invest in gold again. But what should investors do? Buy the metal or invest in Australian, North American and South African gold stocks? Specialist mining fund managers such as
      643 words
    • Article
      Lock icon Cycle & Carriage believed to have bought NZ truck ops
      415 5  - Cycle Carriage believed to have bought NZ truck ops ■II exclusive Price said to be NZs4om; firm likely to raise stake in Astra bid group By I Christopher Tan BURNING a trail of acquisitions, listed motor group Cycle Carriage is believed to have added a New Zealand trucking business to
      415 words
    • Article
      Lock icon CSE full-year net earnings jump 30% to $7.8m
      252 5 SESDAQ-listed CSE Systems Engineering has recorded a 30 per cent gain in net earnings to $7.8 million for the full year ended Dec 31,1999. This translated to an earnings per share of 3.3 cents, a 10 per cent rise over the previous
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    • COMPANY Briefs
      • Article
        Lock icon GRP halves interim looses
        79 5 GRP Ltd more than halved its losses to $753,000 in the half-year ended Dec 31,1999 as interest expense and operation overheads declined. Group turnover rose 4.8 per cent to $12.84 million in that period. Loss per share came to 0.81 of a cent, down from 2.02
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      • Article
        Lock icon Kim Eng replies to SGX query
        109 5 KIM Eng Holdings has responded to the Singapore Exchange's query on the substantial increase in the price and trading volume of Kim Eng shares. It said its directors are frequently presented with business proposals which are reviewed and presented to the board. They do
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      • Article
        Lock icon Oakwell in talks to cap liabilities
        174 5 OAK WELL Engineering is in talks with the court-appointed curator for the bankruptcy proceedings against one of its associate companies, Oak well Compressor Packages BV (OCP) in The Netherlands. The discussions are aimed at mitigating Oakwell's liability to guarantees for bank facilities granted to
        174 words
    • Article
      Lock icon Aussino.com launches IPO of 24m shares at 88c each
      339 5  -  Proceeds will be used to expand its e-business and warehouses fty Toh Han Shih AUSSINO.COM, which sells home furnishing products both through the Internet and physical shops, will start trading on the mainboard of the Singapore Exchange on March 1, Aussino.com
      339 words
    • Article
      Lock icon SembCorp Logistics doubles earnings and turnover
      479 9  -  Company plans to go into e-commerce; EPS close to analysts' forecast By I Conrad Raj SEMBCORP Logistics, the marine logistics arm of SembCorp Industries, yesterday reported a doubling of net earnings for 1999 and plans to jump on the Internet bandwagon. The company posted
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    • Article
      Lock icon Sime S'pore posts 184% jump in interim earnings
      334 9  -  Directors expect full-year results to be much better By( Christopher Tan SIME Singapore, best known for its BMW and Ford distribution businesses, chalked an impressive 184 per cent increase in half-time earnings to $19.9 million. For the interim ended Dec 31, 1999,
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    • Article, Illustration
      Lock icon Simon Cheong said to be in talks to sell AV Jennings stake
      252 9  -  FYoml Surinder Singh in Sydney SINGAPOREAN investor Simon Cheong is apparently negotiating to dispose of Jack Chia-MPH's 63 per cent shareholding in Australian homebuilder AV Jennings to Australia's biggest home-builder, privately-owned Henley Properties. According to a report in
      FILE PHOTO  -  252 words
    • Article
      Lock icon No takeover by OSK, says Ebiz Solutions
      267 9  -  Toh Han Shih EBIZ Solutions chief operating officer Lim Kang Song yesterday denied that his company would be taken over by Malaysia's biggest brokerage, OSK Holdings. He was responding to a Bloomberg report that said OSK shares rose to a six-year high yesterday
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      228 4 Seminar on I The 2000 Budget and Current I Developments in Taxation I The 2000 Budget is scheduled to be presented to Parliament on 25 February 2000. The aim of the I seminar is to provide a briefing on the main taxation provisions of the budget and to discuss current
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      20 5 U>otaVvx fcv- an -to post b OH lane I Just click www.wizoffice.com r r n °"»c« Murtf 101 1 I||t
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      62 5 Make those big meetings in London, New York and Helsinki, then hit Hon gang for dinner. With the new generation of multi-party audio, video and data conferencing, global meetings between 3 to 300 people have never been easier, faster or more affordable. 1 Do business, instead of travelling to it.
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Poor trade figures, Fed rate fears send STT into a skid
      562 6  -  12. comment STOCKS v.sreenivasan POOR January trade figures and concern over US interest rate rises weighed down sentiment, sending the Singapore benchmark index skidding to a three-month low. The Straits Times Index bounced off a day-low of 2,107.7 to
      562 words
    • Article
      Lock icon Untitled
      509 6 Stocks Volume GoJdtron 20c 51,291,000 MMI HkJgs 10c 35,565,000 EasyKnrt 2kA 22,548,000 QES IntJ Ltd 20c 21.571,000 VickefS Capital 25c 19,339,000 Poh Lian 10c 17,335,000 IPC Corpn 5c 15,289,000 NOL 15.212,000 Uraco HkJgslOc 14,088,000 Tetedata 10c 13,239,000 Stocks PacificCentury 72.908,206 GES Inti Lid 20c 69,883.191 DBSGrp 69,240,114 SIA 45,951,464 MMI
      509 words
    • Article, Illustration
      Lock icon Better to buy Keppel Land stock than its warrant
      206 6  -  WARRANT WATCH -By Ven Sreenivasan THE Keppel Land stock and warrant came under renewed selling pressure yesterday amid a new round of interest rate hike fears, falling 14 cents to $2 on 1.7 million shares traded and 10 cents to 41.5
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    • Article, Illustration
      Lock icon DMP has plenty of room to move up
      247 6  -  HOT STOCK -By Wong Wei Kong SHARES of food and beverage group Del Monte Pacific Ltd (DMP), a market laggard for months, finally burst into the limelight yesterday and finished among the session's most active issues and biggest gainers. DMP shares rose
      247 words
    • Article
      Lock icon Market Notices
      190 6 IPC Corp said the High Court has ordered the company to hold a meeting with its creditors on March 15. At the meeting, IPC will ask creditors to approve the company's proposed debt restructuring scheme. The scheme proposes to pay 20 per cent of IPC's debts in cash
      190 words
    • Article, Illustration
      Lock icon S$ hits day's low of 1.7105 on weak export numbers
      347 6  -  I-I I comment CURRENCIES larry wee BOTH the Singapore dollar and the local stock market were slapped down by a much weaker than expected increase in January non-oil domestic exports announced yesterday. The Singapore dollar hit an intra-day low of
      Source: Reuters  -  347 words
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      249 6 the legend lives On. I<"" > Beautiful by nature: /f 1 The new Mark XV has a ***** calibre movement 1V and a slightly larger case than its predecessor. FIRST ROUND e world Soft-iron inner case for protection against magnetic J_ fields, water-resistance to 60 m and protection against I
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      24 6 Access to IPO placements. Just one more reason to join DBS Investor Online Call us at 323-3955 to find out more 83 DBS BANK
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      128 7 AUSSINO LONDON NEW YORK PARIS AUSSINO.COM LTD (Incorporated in the Republic of Singapore on 22 January 1991) Initial Public Offering 4,800,000 Offer Shares 17,280,000 Placement Shares 1,920,000 Reserved Shares Issue Price: Sso.BB each Launched 21 February 2000 at 10.00 a.m. Closing :28 February 2000 at 12.00 p.m. Copies of the
      128 words
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  • DOW fall-out
    • Article, Illustration
      Lock icon Net and telco stocks firm despite 1.7% slide in HK
      499 8  -  Tech counters prove resilient amid ABN Amro report of higher fond inflows Prom Meera Tharmaratnam in Hongkong INTERNET-RELATED and telecoms stocks held their own despite Hongkong's benchmark index tumbling 1.67 per cent yesterday on concerns that higher US rates would
      Source: Bloomberg; FILE PHOTO  -  499 words
    • Article
      Lock icon S Korean market dives by 3.8%
      235 8 Bloomberg AFP, [SEOUL] South Korean share prices fell 3.8 per cent yesterday on concern over the country's worsening trade account, with sentiment undermined by Wall Street's losses, dealers said. An analyst with Shinyong Securities said the market was likely to attempt a technical rebound.
      Bloomberg; AFP,  -  235 words
    • Article
      Lock icon Foreign selling triggers sharp drop in Manila
      356 8 PSE Index dropped to its lowest close since Dec 15,1998 AP [MANILA] Philippine stocks fell sharply yesterday, dragged down by heavy foreign selling after Wall Street's huge loss on Friday and an ongoing probe into trading irregularities involving gambling group BW Resources Corp,
      AP  -  356 words
    • Article
      Lock icon Indon shares fall for fourth day on US rate hike fears
      282 8 Higher rates may cut US demand for Indonesian goods Bloomberg [JAKARTA] Indonesian stocks fell for a fourth day, led by PT Indofood Sukses Makmur, after US stocks tumbled on Friday on concern that the Federal Reserve will boost interest
      Bloomberg  -  282 words
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      721 8 Sime Singapore Limited Interim Results For The Half Year Ended 31 December 1999 The Directors are pleased to announce the following 1 Unaudited results of the Group and of the Company for the half-year ended 31 December 1999 GROUP COMPANY 1999 1998 ±/i 1599 1598 ±L S$ Million S$ Million
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      18 8 Classified First. Want to get a laptop? Or simply get computer savvy? Check The Straits Times Classified First.
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      285 8 The Balanced Scorecard Strategic Management Series In competition, winners are companies that respond nimbly to changes. Key is in the ability to rapidly and effectively translate the strategy formulated by the top management into actions by those who implement it. However, less than 5% of the typical workforce understands what
      285 words
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      53 9 for Winrir, oWs '2ooo \AJ &Ktt for n^ZTJ n o !f^o^r *2K anyone T n foo,s P'us mo fe to S( W," S i b e %her ■H you can fs a <W°* ft ran L"* h a m r^-^ssgss^s 1? jfci CQMPJIn iKul Hi S"' '^'r VE^B :-yjL a^^^K|Lj|Ak
      53 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Proposed SingTel-HKT merger will create shareholder value: Dr Hu
      552 10  -  PARLIAMENT Deal driven purely by commercial considerations; combined entity can better tackle global competition Reports byi Anna Teo DESCRIBING it as strictly a commercial deal, Finance Minister Richard Hu yesterday said Singapore Telecommunications' plan to merge with Hongkong's Cable and Wireless
      FILE PHOTOS  -  552 words
    • Article, Illustration
      Lock icon No limit set on power supply players
      380 10 Consultant's report on further opening up sector nnder study THE government is studying recommendations by a consultant on further opening up the electricity sector, Trade Industry Minister George Yeo said yesterday. And there will be no limit on the number of players in
      FILE PHOTO  -  380 words
    • Article
      Lock icon New stat board will help defence tech needs
      381 10  -  Byi Audrey Tan A NEW statutory board, Defence Science and Technology Agency (DSTA), will be set up to provide cost-effective and lead-ing-edge technology to the Singapore Armed Forces. The new agency will be formed from the existing Defence Technology Group in the
      381 words
    • Article
      Lock icon Indon finance scheme's rules may be relaxed
      417 10 Bat 'prudential considerations' will not be forgotten SINGAPORE will consider relaxing as far as possible the rules of its new $400 million loan financing scheme for companies keen on investing in Indonesia, but without losing sight of "prudential considerations", said Trade Industry Minister
      417 words
    • Article
      Lock icon Growth in key non-oil exports slows to 7.6% in Jan
      472 10  -  Slowdown led by falls in disk drives and PCBs Byi Andrea Tan SINGAPORE'S key non-oil domestic exports crawled to 7.6 per cent growth year-on-year in January, falling way short of analysts' expectations of a 24 per cent increase. Figures from
      472 words
    • Article, Illustration
      Lock icon Electronics exports: S'pore competitive
      278 10  -  r=M=l on the economy electronics By Jennifer Lien SINGAPORE is among the winners in terms of electronics export competitiveness, according to a recent study released by DBS Bank. The bank's latest Asia Economic Bribing used "shiftshare analysis" to measure the relative competitive positions of the various
      Source:  -  278 words
    • Article, Illustration
      Lock icon No protection even for sensitive economic sectors: PM Goh
      481 11  -  AEROSPACE Asian crisis caused more countries to open up; he notes rise in strategic airline alliances By\ Eugene Low AS part of the global economy, Singapore must not adopt protectionist measures in any of its economic sectors but should welcome foreign
      FILE PHOTO  -  481 words
    • Article
      Lock icon Far East bags Clarke Quay white site
      281 11 FAR East Organization has clinched the Clarke Quay "white" site for $340.8 million, removing initial market uncertainty over whether the sale would go through. Market observers had initially estimated the near-150,000 sq ft site along Eu Tong Sen Street to fetch $400 million
      281 words
    • Article
      Lock icon CPF to pay unchanged 2.5% on ordinary accounts
      200 11 THE Central Provident Fund (CPF) Board yesterday said it would continue to pay 2.5 per cent in interest for the ordinary and medisave accounts of its 2.8 million members in the second quarter. The board computes its interest rate from the interest
      200 words
    • Article
      Lock icon CityDev is No 1 in landbank by tenure
      398 11  -  MAILI.TFI Gerry de Silva Group Corporate Affairs Manager City Developments Limited WE refer to your report, "Allgreen landbank best in tenure, location" (BT, Feb 21). The article contains several factual errors concerning City Developments Limited (CityDev). As these errors pertain to crucial
      398 words
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      82 11 Take to the skies with ANA and take-off with extra mileage points. I ham V\ir 2000 Bonus Miles c\ci\ time von H\ ANA. Oik \N.i\ lo or I-rom |;i|>.in to the followino ciiivs Mrsi lass |„|> Konoim < l.iss foi ollur i < unlit ions iiul d»t;iil information. pliast lonlaii
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      34 11 Boeing sees Asia as top market. Shipping Times, Pg 14 to common problems." Ijgfc* 4 V W: -_i I**"*" m »:.L ~.;i- 'wuurr i" innovation and operational excellence. ;J«PiP r nilT'' *JV v i
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  • FOCUS property
    • Article, Illustration
      Lock icon Why DBS minorities might grouse
      662 12  -  I-I comment PROPERTY Could news of DBS Land sale have leaked out a month ago during a DBS Group roadshow in Hongkong? lee han shih IN selling its listed associate DBS Land to Pidemco Land, has DBS group been fair to small shareholders? For two
      662 words
    • Article
      Lock icon $77m expected for collective sale of prime Cairnhill site
      213 12 COLLECTIVFESIM A PRIME 9,999-year leasehold property near Orchard Road will be launched for collective sale today with no development charge payable on redevelopment. The total development cost for the 28,873-sq-ft Phoenix Mansion site on Cairnhill Road will thus remain unchanged despite
      213 words
    • Article
      Lock icon Developers in major project push alter Chinese New Year
      347 12 MAJOR developers such as Far East Organization and City Developments are scrambling to push their condominium and landed property projects, judging by the flurry of property launch notices in the newspapers over the weekend. In The Sunday Times alone, there were
      347 words
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      424 12 NEWTON HEIGHTS SITE FOR SALE PROPERTY FX— 7777 77 PLANNING Newton Heights \V\ A/ ll PARAMETERS 1 Newton Road, a "Residential" Zoning Singapore *****3 acs S 2.8 Plot Ratio ih,\ \pn sen a Up to 30 storeys LOCATION r" nd f yy Situated opposite the cs2rt\S£ x /SUBJECT// DESCRIPTION Newton
      424 words
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      340 12 I AMARA CORPORATE TOWER I Brand New 12-Storey Office Tower at 100 Tra* Street Floor Area from 900 *q ft onward*. j Appro*, total lettable (pace of 50,000 «q ft. w Cloee proximity to Tanjong Pagar MRT Station, Taxi Stand and Bu* Stop. Close to Bank*, Port Office, Shop* and
      340 words
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      156 12 I bet to thefWfOH ..of timely and highly relevant information on 15,000 future construction projects in Asia in the next year, providing your firm with those constantly sought-after contracts! ..with a telephone number you can call five days a week to investigate rumours about any project or find out about
      156 words
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      190 14 -j l 1 ,t. ,k._. i^__^_^t fcM M^ja i jL <tM wot*! ;rn ffi»'lifr^«afe g *K ->a jii'iHPßi y r> lattzw I j >-■»' P mmm ifty j -> t :,ti'V :m a. j; n olir business, sp f M fT V >v t «j rnrrtnn Iml Mm L *?v-
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      154 15 r I■' I II 11| I II I ;< >«- .*?%r-±A*if '~sL•: t t-^g£^.:l£*i-' -?Wz£ftt-%,&* m%, -<J--* *:>; BHHB&^&S H I I II I l| I »:»»^M^Mll^lWfeM i B«!' g.§i >*'•.. p^^f:. :-/vx,,\ t ,-j t i..^^^fe:r. E i^HH :^P-': f.» v >jt4>, .-^lBS^^^-'.'. A -.j IKk V-feg'^^^!:-':*&•.' >- "---f<•
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  • e News
    • Article
      Lock icon Jetro sets up Net facility for tie-ups with Japan firms
      235 16  -  SINGAPORE By Vikram Khanna THE Japan External Trade Organisation (Jetro) has launched a "technology tie-up promotion programme" (TTPP) on the Internet to enable foreign companies to forge technical links with Japanese companies. Explaining the new scheme, Noboru Hatakeyama, Jetro's chairman
      235 words
    • Article
      Lock icon .tv domain rains cash on tiny island of Tuvalu
      311 16 Pacific nation earns USs2om from sales of its Internet domain name last year AFP [AUCKLAND] Tiny Tuvalu, a Pacific island home to just 11,000 people, has received an overnight windfall of US$2O million (Ss34 million) for sales of its Internet domain
      AFP  -  311 words
    • Article
      Lock icon Deutsche Telekom's T-Online aims for 60b euro IPO valuation
      395 16 LONDON Its latest tie-up with travel operator Start Amadeus brings it closer to being a content provider an om prp DEUTSCHE Telekom hopes to increase the public offering valuation of T-Online, its Internet subsidiary, to up to 60 billion euros (Sslol
      an om prp  -  395 words
    • Article
      Lock icon BA shares rise on reports of Internet booking system
      354 16 LONDON Bloomberg BRITISH Airways pic shares rose as much as 7.3 per cent on optimism Europe's biggest carrier will drive down costs by expanding its Internet sales. The airline's shares rose as much as 20.5 pence to 300 pence, after weekend
      Bloomberg  -  354 words
    • e Briefs
      • Article
        Lock icon PhilWeb in talks with Yahoo
        64 16 Bloomberg [MANILA] PhilWeb.Com Inc. the latest Philippine company to focus on the Internet, said it's in talks with Yahoo Inc over a possible joint venture in the Philippines. "There have been discussions between Web and Yahoo. No agreements have been reached as of yet," the
        Bloomberg  -  64 words
      • Article
        Lock icon Nokia ties up with Fujitsu unit
        118 16 Reuters [HELSINKI] Finnish telecoms equipment maker Nokia said yesterday it had set up a electronic business joint venture with technology service group ICL, a unit of Japan's Fujitsu. Nokia said the new company, which would have around 200 employees and would start operations at
        Reuters  -  118 words
      • Article
        Lock icon Merrill man joins venture capital firm
        136 16 Bloomberg [HONGKONG] David M Williams, head of Merrill Lynch Co's Internet investment banking group for emerging markets, left the securities firm for a Silicon Valley-based venture capital firm, seven months after he was hired. Mr Williams, 31, said he is now a partner and
        Bloomberg  -  136 words
      • Article
        Lock icon E-shopping in Britain to top £10b in 2000
        136 16 Reuters [LONDON] Online shopping in Britain will be worth more than £10 billion (5J27.4 billion) this year, according to a survey published yesterday by NOP researchers. "Over three million of the Web's regular 12 million users had shopped online in the four
        Reuters  -  136 words
      • Article
        Lock icon I-Quest in hotel Net access talks
        77 16 AFX-Asia [HONGKONG] I-Quest expects to finalise deals with two international hotel groups that would let it provide Internet access to 97,000 rooms, the South China Morning Post quoted I-Quest chief executive and chairman Anthony Blass as saying. I-Quest currently services 2S hotels, the paper
        AFX-Asia  -  77 words
      • Article
        Lock icon Pacific Challenge to sell 30% stake
        121 16 AFX-Asia [HONGKONG] Pacific Challenge Holdings Ltd said its substantial shareholders agreed to sell about a9O per cent h stake in the company to El Media Technology Ltd for a total of HKJlB9.s9million (5541.6 million). It said El Media, which is 2.5 per cent-owned by
        AFX-Asia  -  121 words
    • Article, Illustration
      Lock icon Gizmos just tip of IT iceberg in Hanover
      581 16 LONDON There will be 7,800 firms from 03 countries at CeBIT Reuters FROM "smell-trap" Web sites to snazzy Internet access devices, a barrage of top gizmos will make headlines this week as the world's biggest information technology fair boots up in Hanover,
      Reuters; FILE PHOTO  -  581 words
    • Article
      Lock icon Deutsche Bank to spend 1b euros on e-commerce
      457 17 FRANKFURT It is tying up with SAP to offer companies banking services on the Net Bloomberg DEUTSCHE Bank AG, Europe's biggest bank, said it will spend 1 billion euros (Ssl.7 billion) annually on building its electronic commerce business as financial services companies
      Bloomberg  -  457 words
    • Article
      Lock icon Toshiba seeks to broadcast AOL content
      233 17 TOKYO Music, movies may go on satellite and cable TV in Japan Bloomberg TOSHIBA Corp, the world's biggest maker of laptop computers, said it is aiming to broadcast music and movies held by America Online Inc and Time Warner Inc in Japan on digital
      Bloomberg  -  233 words
    • Article, Illustration
      Lock icon Yahoo to offer HK films free over the Internet
      314 17 HONGKONG Reuters BRUCE Lee will soon be gong-fu-kicking his way across computer screens under a deal between Web portal Yahoo! and a film distributor to offer classic Hongkong films free over the Internet. Unveiling details of the tie-up yesterday, Yahoo Holdings
      Reuters; FILE PHOTO  -  314 words
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      198 16 Perfect Lending for Sumptuous Food After the latest Asian Aerospace 2000 show, you deserve something just as spectacular. An ethnic treat awaits you at the heart of East Coast. The enchanting Singa Inn blends with the mood of fun and frolic of the place. You will love the casual relaxation
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      120 17 A- Z Building For details, please call owner I Telephone 1 1 437 6853 437 6872 534 3132 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands -Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration
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      638 17 KAngnX (Li ||U i 11 Si I! I Ify! m IpMr H I 2 iffiH ©j H i SUs H Is! 51 y iHii S j[ jSBIJ j ypH Sj j Ijtl ji ii« fHfe i wp| jp |jp jj||jj pjiS y 11 Ijj Sj I ■■11 !I!iliitits!ll 1 il3l"[**l3i"*'"i
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Short-sighted policy a blight on rural UK
      841 18  -  bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT ALMOST one year on from the Countryside
      841 words
    • Article
      Lock icon Ibra's welcome sign
      602 18 EDITORIAL JAN 12,2000, may have been the turning point for the Indonesian Bank Restructuring Agency (Ibra). On that day, President Abdurrahman Wahid signed a decree replacing Glenn Yusuf with Cacuk Sudarijanto to head Indonesia's most powerful economic entity. Ibra is supposed to have been instrumental in restructuring
      602 words
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      Lock icon IN OTHER WORDS
      82 18 The logic of Greenspan's position implies that the Fed's job would be easier if productivity growth were only, say, 1.5 per cent This is nonsense.' John Ryding senior economist at Rear Stearns Co, on the US Fed chairman's testimony last week. The compassionate conservative has become the
      82 words
    • Article, Illustration
      Lock icon US politicians sell illusion of small government
      844 18  -  Both parties have been expanding government while claiming they're shrinking it By Robert Samuelson The Washington Post Writers Group YOU recall US President Bill Clinton's 1996 State of the Union address, when he declared that "the era of big government is over". The
      The Washington Post Writers Group  -  844 words
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      Lock icon WHAT THE OTHERS SAY
      985 18 French coosoctloii THE atomic power station at Kalpakkam, just north of the former French territory of Pondicherry, should by now have become a stellar example of Indo-French cooperation in harnessing nuclear energy for human development. Instead, it became a symbol of the surprising French disinclination to
      985 words
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  • REGIONAL news
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      Lock icon Jakarta will shake up corporate sector to woo foreigners: minister
      605 19  -  BTitVJ.illUWJ INDONESIAN INVESTMENT SEMINAR New law soon to remove distinctions between foreign and local investors Reportsbbyy y Yang Razali Kassim [SINGAPORE] Indonesia will act tough to shake up its corporate sector and attract foreign investors, and the ouster of Astra's
      CHRIS LOH  -  605 words
    • Article
      Lock icon Signs of recovery in Indon economy but threats loom
      633 19 Govt's lack of action and uncertainty of policies cited [SINGAPORE] Yes, the Indonesian economy is on a rebound. But the early signs of stabilisation are being threatened by the government's lack of action, and by uncertainty of policies caused partly by
      633 words
    • Article
      Lock icon Time Engg names debt revamp advisers
      247 19 KUALA LUMPUR Reuters MALAYSIAN telecommunications firm Time Engineering Bhd yesterday named its advisers in its debt restructuring plan. They are Credit Suisse First Boston (Singapore) Ltd, Arthur D Little (Malaysia) Sdn Bhd, NM Rothschild and Sons (Singapore) Ltd, Commerce International Merchant Bankers Bhd and
      Reuters  -  247 words
    • Article
      Lock icon KL plans new laws to promote risk-taking in MSC
      511 19 KUALA LUMPUR 1999 GDP growth may exceed 4.3% forecast, says DrM AFXAsia AFP. MALAYSIA will introduce laws to encourage tolerance of business failures and promote risk-taking by venture capitalists and banks in its Multimedia Super Corridor, Prime Minister Mahathir Mohamad said
      AFX- Asia; AFP.  -  511 words
    • Article
      Lock icon Indonesia asks Dr M to visit help revive its economy
      191 19 KUALA LUMPUR AFP INDONESIA yesterday invited Prime Minister Mahathir Mohamad to pay an official visit to see how Malaysia can help pull its neighbour out of the economic crisis. "We hope Pak (honorific) Mahathir can come to Indonesia soon and
      AFP  -  191 words
    • MARKET moves
      • Article
        Lock icon Internet venture boost for Berjaya
        121 19 SHARES and warrants of Berjaya Group Berhad yesterday dominated the action on the Kuala Lumpur market, as news that the group, controlled by tycoon Vincent Tan, was tying up with a Singapore-based Internet health portal. Berjaya, the country's largest consumer products company, said it is
        121 words
      • Article
        Lock icon MRCB up on power generation deal
        156 19 SHARES of media and construction group MRCB rose yesterday on weekend reports that it would surprise the market with an announcement this week of a foray into power generation. The talk was that the venture, worth some RM3 billion (551.35 billion), would be built
        156 words
      • Article
        Lock icon Intria back in Penang link race
        151 19  -  Compiled Byl Diana Oon Abdullah BARELY a week after its sister company United Engineers (M) emerged as the winner of a tender for a substantial stake in it, construction group Intria Bhd is reported to be in the race for a mega-bridge project, this
        151 words
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      Lock icon Jetro chief raises concerns about investments in Bintan
      485 20  -  Japanese investors had considered polling ont during the riots there last month, he says By Vikram Khanna SOME Japanese companies had considered withdrawing investments from the Bintan Industrial Park during the riots on the Indonesian island last month, the head of the
      FILE PHOTO  -  485 words
    • Article
      Lock icon Jakarta police stay mum on car-smuggling VIPs
      218 20 Investigation into import of Ferraris, Mercedes continuing AFP [JAKAßTA] Indonesian police are maintaining a discreet silence on the identity of VIPs who tried to smuggle 14 luxury cars including three Ferraris into the country, reports said yesterday. "I cannot give you the name
      AFP  -  218 words
    • Article
      Lock icon Cambodia unveils 3-year US$1.4b redevelopment plan
      141 20 ■PHNOM PENH AP THE Cambodian government yesterday unveiled a threeyear, US$l.4 billion (552.4 billion) plan to develop the warshattered country, and urged the international community to donate US$536 million as well. The plan designed to boost economic growth and reduce soaring poverty rates calls
      AP  -  141 words
    • Article, Illustration
      Lock icon HK must make sure there's competition in all sectors: panel
      469 21  -  Bnt laws should be enacted only as last resort, says Commission on Strategic Devt From< Quak Hiang Whai in nojujKony HONGKONG must ensure effective competition, and legislate when necessary, to avoid monopolies and market domination, a high-powered advisory body recommended
      469 words
    • Article
      Lock icon PetroChina seeking US$5b in twin listing
      430 21 HONGKONG CNPC unit raising funds in New York and Hongkong Reuters PETROCHINA, China's largest ever stock offering, will woo investors by showcasing its strength as the leading oil player in one of the world's fastest growing markets, sources close to the deal said. The
      Reuters  -  430 words
    • Article
      Lock icon HK jobless rate lowest since Dec 1998
      295 21 HONGKONG Bloomberg HONGKONG'S unemployment rate declined for a third month, falling to its lowest since December, 1998 as the city's economic recovery started to filter through to the labour market. The jobless rate fell to 5.7 per cent in the three months through
      Bloomberg  -  295 words
    • Article, Illustration
      Lock icon Street talk
      62 21 [BEIJING] People yesterday making calls from a telephone stand along a street in Beijing. Negotiators from China and the European Union launched a new round of talks on Beijing's entry to the World Trade Organization, with European countries mainly seeking an opening of China's financial and telecommunications market,
      AFP  -  62 words
    • Article
      Lock icon Shougang Iron & Steel to go into high-tech development
      219 21 Shougang Iron Steel to go into high-tech development mSHANGHAI AFX-Asia SHOUGANG Iron Steel Corp will diversify into software development, integrated circuit design and microelectronics industries, company president Luo Bingsheng said in a China Daily Business Weekly report. The report also cited government sources as saying steel companies are being encouraged
      AFX-Asia  -  219 words
    • Article
      Lock icon US Exim Bank to guarantee rupee loans
      254 21 NEWDELHI AFP THE US Export-Import Bank yesterday announced plans to guarantee rupee-denomi-nated loans to the tune of US$l billion to boost trade between India and the US. "The rupee guarantee is going to be a powerful tool for helping Indian businesses of all
      AFP  -  254 words
    • Article
      Lock icon India's computer makers hoping for a tax break to help business expand
      300 21 NEWDELHI Hefty taxes also limiting growth in other computer-linked industries Bloomberg INDIA'S computer makers want only one thing from the government's annual Budget next week a tax break. While software developers such as Infosys Technologies Ltd flourish with
      Bloomberg  -  300 words
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      2208 20 L. To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Bangkok Bank Public Company Limit—i (INCORPORATED IN THAILAND) Balance Sheet Statement of Profit and Loss As at December 31,1998 For the year ended December 31,1998 A ***** 199H I9WI BAHT KAHT CASH 11K74J37 «M INTEREST AND DIVIDEND INCOME Interest
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      604 20 CORRIGENDUM Re: Liquor Licence Notice in the Business Times on 2 February 2000 The Applicant for Wholesale Liquor shop licence for Kengfu Industries (S) Pte Ltd should be Dr Kho Choon Joo of 21 Goodman Rd 5(*****3) and not as published. Classified First. Looking for a holiday destination? Or simply
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      186 21 Ik ft- uftfe The SingaPort 2000 special feature is fully loaded with advantages for advertisers. Firstly it is published in conjunction with the SingaPort 2000 Exhibition and Conference which is Asia's premier maritime event. Editorial content will also be highly relevant to the 117,000 readers who constitute top management and
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  • WORLD news
    • Article
      Lock icon Infineon planning to raise 5-6b euros from IPO
      524 22 FRANKFURT The listing will be Germany's biggest flotation since Deutsche Telekom Reuters COMPUTER chip maker Infineon Technologies said yesterday it planned to raise 5-6 billion euros (SsB.4-10.1 billion) in what is set to become Germany's biggest flotation since the 1996 offering of
      Reuters  -  524 words
    • Article
      Lock icon Output rise hopes dampen oil prices
      381 22 SINGAPORE Reuters PRESSURE on oil prices to fall from historically high levels increased yesterday after news that producers had reached consensus on the need to produce more crude. Brent in Asia was untraded at 0815 GMT and New York Mercantile Exchange contracts were not
      Reuters  -  381 words
    • Article, Illustration
      Lock icon Germany's EM.TV buys Henson for US$680m in cash and stock
      466 22 MUNICH Reuters PROMISING to revive the Muppets, German family media group EM.TV Merchandising AG bought The Jim Henson Company yesterday for US$6BO million (Ssl.2 billion) in cash and stock, a key deal in its drive to expand globally. "Kermy don't
      Reuters; AP  -  466 words
    • Article
      Lock icon Optus won't be broken up: C&W
      151 22 LONDON Bloomberg CABLE Wireless Pic, the UK's No 2 telephone company, denied a newspaper report that it is planning to break up its Australian unit, Cable Wireless Optus Ltd, and sell that company's residential and mobile units. The Sunday Telegraph newspaper in the UK
      Bloomberg  -  151 words
    • Article
      Lock icon BritTel urged to spin off some units
      248 22 ■LONDON Demerger seen saving telco from circling predators Reuters BRITISH Telecommunications Pic was under pressure yesterday to spin off its mobile and Yellow Pages divisions amid mounting speculation it could face a takeover bid unless it acts to boost its share price. Shareholders
      Reuters  -  248 words
    • Article, Illustration
      Lock icon Clinton seen as average president
      287 22 PEOFKfi Reuters [WASHINGTON] Historians yesterday dealt a blow to President Bill Clinton's hopes for an illustrious legacy, ranking his presidency average and his moral authority the lowest among US presidents, just behind Richard Nixon's. A survey of 58 historians, carried out by public affairs cable
      Reuters  -  287 words
    • WORLD Watch
      • Article
        Lock icon EU to probe MCI WorldCom's Sprint buy
        72 22 Reuters Bloomberg, [BRUSSELS] MCI World Com Inc's proposed U*****.3 billion (Ss2l7 billion) purchase of Sprint Corp will come under scrutiny by European Union anti-trust authorities, the European Commission said. "There are concerns with the companies' Internet (activities), telecoms services to multinational companies and
        Reuters; Bloomberg,  -  72 words
      • Article
        Lock icon LTCB to be relaunched as Shinsei Bank
        82 22 AFP [TOKYO] The new owners of the tailed Long-Term Lreait Bank of Japan said yesterday they would relaunch it in June under the new name Shinsei Bank. Shinsei, meaning "rebirth" in Japanese, will begin operating under its new management in March, after a
        AFP  -  82 words
      • Article
        Lock icon BMW shares rise on takeover talk
        91 22 [MUNICH] Shares in Bayerische Motoren Werke AG, Germany's No 3 carmaker, rose as much as 6.8 per cent amid speculation that the company may be bought by another carmaker. The counter gained 1.79 euros to 27.99 euros before easing as takeover speculation drove BMW
        91 words
    • Article
      Lock icon UK insurers CGU, Norwich Union plan £19b merger
      527 23 LONDON The 48-for-100 share swap deal will create Britain's largest insurer Bloomberg, Reuters CGU pic will buy Norwich Union pic, paying 48 of its shares for every 100 shares in Norwich Union, creating the largest British insurer, the companies said. Based on
      Bloomberg,; Reuters  -  527 words
    • Article, Illustration
      Lock icon One for the album and another for the record
      47 23 [LOS ANGELES] The group "TLC" rehearsing for the 42nd Annual Grammy Awards on Sunday, in Los Angeles. TLC's "Fan Mail" is nominatedfor album of the year and "No Scrubs" is nominated for record of the year. J AP
      AP  -  47 words
    • Article, Illustration
      Lock icon Miyazawa hints he may quit if there's no recovery
      480 23 TOKYO AFP, Reuters JAPANESE Finance Minister Kiichi Miyazawa yesterday hinted he would resign if the sluggish economy failed to pick up convincingly in the months ahead. "If the Japanese economy fails to ride on a recovery track in the short term,
      AFP,; Reuters  -  480 words
    • Article
      Lock icon Vodafone to lose billions: report
      251 23 BERLIN Big provisions on acquiring Air Touch and Ma imaging nn AFP BRITISH telecoms group Vodafone Air Touch will rack up billions of dollars in losses over the coming years as a result of its purchase of USbased Air Touch and Germany's Mannesmann, Die Welt
      AFP  -  251 words
    • Article
      Lock icon Samsung unveils US$29b digital plan
      273 23 SEOUL AFP SOUTH Korea's leading Samsung Group yesterday unveiled a US$29 billion (5549.4 billion) New Millennium programme to transform the sprawling conglomerate into a digital-based business. The expansion plan was envisaged by group boss Lee Kun Hee at a business conference at the weekend in
      AFP  -  273 words
    • Article
      Lock icon Confused over business gobbledegook?
      582 23 LONDON Corporate buzzwords rife at work, says exec Reuters LOW hanging fruit, 360 degree branding, disintermediation, process engineering. Confused? You're not alone. Business gobbledegook is making the office world increasingly incomprehensible. "More and more jargon is creeping into our daily lives, especially at work," says Carey
      Reuters  -  582 words
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      342 22 THE OF SINGAPORE fiIIIAAMIBB AAHBDMiiCyV I SINGAPORE GOVERNMENT CMF TAXABLE BOOIC^ENTRY ▼f iiVVII Hi B TA TUB BHD I BWPIDS TO THE PUBLIC I AMOUNT OFFERED SGDIBOO Million I ISSUE CODE N7OOIOOE I ISSUE DATE 1 MARCH 2000 I MATURITY DATE 1 MARCH 2007 I INTEREST RATE TO BE DETERMINED
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      76 23 s r— I Buy US$? I I Hold Sell I I Now it's easier to I I make the call. I SFrom today, DBS Voice gives you faster access to foreign exchange rates and transactions with just one phone call. Thanks to Voice's latest voice-recognition technology, you won't ever have
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  • FINANCE & commodities
    • Article
      Lock icon Futures mirror negative cash market
      208 24  -  SGZ Derivatives Tradingßeports MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stockmarket landed hard yesterday, following huge losses on Wall Street last Friday and exacerbated by the worse-than-ex-pected January trade figures released at noon-time yesterday. The benchmark Straits Times Index closed down 61.51 points
      208 words
    • Article
      Lock icon Heavy selling bludgeons futures market
      181 24  -  MSd Taiwan ftitures Matthew Den Bleyker Refco Singapore THE Taiwan Stock Exchange Weighted Price Index dropped 248.38 to 9,912.67. SGX MSCI Taiwan index futures plummetted 14.6 points or 3.25 per cent to 434.4 on heavy selling by retails and institutions. The underlying MSCI cash index
      181 words
    • Article
      Lock icon Crude prices lose ground
      274 24 ENERGY REPORT Reuters [LONDON] Oil prices lost ground yesterday as expectations grew that producers will relax output restrictions in April. Benchmark Brent blend for April slipped 44 US cents to U5525.78 a barrel after a 40 US cent dip on Friday. "You will see prices come
      Reuters  -  274 words
    • Article
      Lock icon CURRENCY REPORT
      315 24 Reuters London THE US dollar remained broadly resilient yesterday, despite steep declines in Wall Street stocks last week, as optimism persisted that the US Federal Reserve would engineer a soft landing for its red-hot economy. Even though the Dow Jones Industrials Average tumbled 2.8 per cent on Friday
      Reuters  -  315 words
    • Article, Illustration
      Lock icon Untitled
      1240 24 MTERBAMK CROSS RATES r>h-ji C$ Breb Euro ffr Dm HKS Ind Bs Bupiah Yen Won RM N2$ Pafc Bs Peso S$ Band Sfr WT$ ftaftt Pond US$ Australia 0.912 6.178 0.636 4.177 1.245 4.896 27.431 46.777 0.696 7.125 2.391 1.283 32.612 25.581 1.074 3.984 1.021 19.317 23.936 0J93 0.629 Canada
      1,240 words
    • Article
      Lock icon Untitled
      1956 24 SICOM FUTURES Feb 21 RUBBER (futures closing «s at 5.30pm) RSS 1 CONTRACTS cents/kg) Close Volume Opm Month High Low Sett (tonnes) Interest Mar 00 128.50 200 Apr 00 133.00 100 May 00 135.50 400 Jun 00 138.00 400 RSS 3 CONTRACT (US c*ntj/kg) Volume Open Month HKjh Low Sett
      1,956 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng weighed down by US stocks dive
      2867 25 HONGKONG Reuters QHangSeng -276.79 HONGKONG stocks fell yesterday for a third day, taking a cue from Friday's dive in US stocks as investors heeded Federal Reserve chairman Alan Greenspan's warning that interest rates will probably rise. The benchmark Hang Seng Index finished
      Reuters  -  2,867 words
    • Article
      Lock icon Wall Street dampens Nikkei
      2034 25 TOKYO AFP Q Nikkei 225 -***** TOKYO share prices closed 1.2 per cent lower yesterday as declines on Wall Street dampened sentiment, brokers said. The Nikkei-225 Index fell 245.28 points to finish at 19,543.75, while the Topix Index of all issues on the first section declined
      AFP  -  2,034 words
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      Lock icon CHINA
      1013 25 Reuters P Shenzhen Binder -LOO SHENZHEN'S hard currency B shares closed down yesterday as investors turned cautious after volatile trade last week, brokers said. The B share index fell 1.00 point, or 1.12 per cent, to 88.52 points as turnover rose to HK$B6.5 million from HK$63.O million on Friday.
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,013 words
    • Article
      Lock icon TAIPEI
      370 25 AFP QWP Index -248.38 TAIWANESE share prices fell 2.5 per cent yesterday to breach the resistance-level of 10,000 on profit-taking ahead of the March 18 presidential elections, dealers said. The Taiwan Stock Exchange Weighted Price Index plunged 248.38 points to 9,912.67 on turnover of NT5247.91 billion. Industrial blue chip
      AFP  -  370 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8531 26 INDUSTRIALS Conswiwr protects OOC lart Vel Day N.t Cap U> Company 5ele OOP High Law P/E Smll ISo 3 S -522 UOCh 1 398 398 253 WJ AOQMM 120 -1 156 121 115 i?A q 2975 2700 RAT Mlg *2? 4 2 04 426 422 W 169 6 T22 2825
      8,531 words
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      Lock icon KLCI falls in line with Wall St decline
      451 26 AFP, AFX-Asia Q Composite Index -6J4 MALAYSIAN shares ended lower yesterday following Wall Street's fall on Friday, dealers said. The Kuala Lumpur Stock Exchange Composite Index closed down 6.14, or 0.6 per cent, at 1,007.13. Volume was 1.07 biUion shares valued at
      AFP,; AFX-Asia  -  451 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3380 27 BONDS A WARRANTS j?'.*" 1 8a» Lasi9aa«a til Issaad Can Liar 'EE M# La. Mm Caawaay SM (0001 M# l« M I* nm MHIM* Mca |H) tart* Tail 104 10.5 s 3160 "Actr ******1USS 43.5 0.5 135 44 43.5 43 5 44 331 1 156 71 2 69 17 t°9
      3,380 words
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      Lock icon SEOUL
      313 27 AFP n Composite Index -3332 THE Korea Stock Exchange Index closed down 33.82 points at 845.32. Volume was 210 million shares worth 2.6 trillion won. —AFP Fa* 21 mm A nam S*mi 8000 -400 Brain Tath 1540 -50 Ctntral Bank 2900 -90 ChoMConwn *****0 4000 Da* Cu Bank 2460
      AFP  -  313 words
    • Article
      Lock icon MANILA
      286 27 AFP P Composite Index -50.44 PHILIPPINE share prices fell yesterday due to an alleged insider trading scandal that implicated a friend of President Joseph Estrada and Friday's sharp fall on Wall Street on Friday, brokers said. The PSE Composite Index fell 50.44 points to close at 1,833.84. AFP Nl
      AFP  -  286 words
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      Lock icon JAKARTA
      722 27 AFP Q Composite Index -&58 INDONESIAN share prices fell 1.1 per cent yesterday in the absence of fresh leads and amid an ongoing shift of foreign funds from large cap stocks and weak regional markets, dealers said. The Jakarta Stock Exchange Composite Index closed down 6.58 points at 592.99
      AFP  -  722 words
    • Article
      Lock icon WELLINGTON
      291 27 AFP gmsE-40 +OJ3 NEW Zealand stocks were flat yesterday on light turnover. The NZSE-40 Index kept an even keel with a 0.63 point gain to 2,031.85 on turnover worth NZ$64 million. Most of the action centred on Telecom Corp, with turnover of NZ$27 million. It ended 11 NZ cents
      AFP  -  291 words
    • Article
      Lock icon SYDNEY
      601 27 AFP DUWWjI -100 AUSTRALIA'S All Ordinaries Index yesterday fell three points to 3,117.1, after dipping more than one per cent to 3,083.5 in the first quarter hour of trading. The All Industrials Index fell 11.8 points to 5,501.6, while the All Resources added 7.1 points to 1,197.9. National turnover
      AFP  -  601 words
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      139 27 jJ!"_'.m! I I m investmentPOCTFOUO i l B "-'»«™i™u« I IPO. Shares. Bonds. Stocks. Annual Reports. V I 447.500.000 Sham 8 Hi I Jsiiii |.s»„_ I Whatever you're offering, we help you reach out 11 I to 86.7% of all adults in Sinqapore daily. jjai nw- zizr■ I w~ w
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  • Article
    Lock icon STOCKS sgx
    8631 28 SGXMADfBOABD Transaction date: Feb 21 Or Or M Wt 52-Wk Last Vat Day Last OuoU OK D*v YM Net Cap Ay, High Law StNo Company Sale COOO) High Law Buyar Seller C'yr P/t SnWI Price MULTI-INDUSTRY 182 69 m c 1000 Acma SOe 143 -7 1029 148 140
    8,631 words
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      60 28 Multiply your wealth. wl mM' The Equity Investment Account from Citibank. Tjl JE| J JHf 111 Gives you credit to invest in shares and interest on your positive balance, i w What better way to multiply your money? Call 339 7126 to open an account today Or visit our website
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  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      811 29 Who Dares Wins. fcHa Indiana vs New York H9.00 AM Kids Central: Pow- 9.00 Movie Stars: Bad Boy. 2.00 PM Response TV. (2ndtx) er Rangers Turbo: Hon- Bad Boy, What'cha 330 PM TV Innovations. 7.00 Som P Pall It Snort* ey, I Shrunk The Gonna Do? (Lastep). 5.00 Sajian: Masak
      811 words
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 2
      274 29 CRYPTIC CROSSWORD ACROSS (9) 1 Military unit also involved in 4 Giving assent whilst half-asleep scheme (7) (7) 5 Wrongly claimed to be therapeutic 5 Exploit and soak a feeble fellow (7) (7) 9 Derided for having tucked in too 9® an B longing to join the party heartily (7)
      274 words
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  • KNOWLEDGE economy
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      Lock icon Going for the wild card
      1379 30  -  Creating a knowledge bank's not enough, firms need to have knowledge-creation skills, says PATRICK LAMBE PATRICK LAMBE The writer is manager, business development, at The British Council Singapore MOST knowledge management theorists will rally around the motto: "If only we knew what we knew." In
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      49 30 i it M iK.i/m.- .icM iilvil«t as the "onl\ saloon that K'ok.. :•<> it it belongs t»> ih<- next millennium." Hin loallv. looks Jo not r«*\cal the whole pieturc. I or thai, von ha\e to $:et into the driver's seat. Onee there, it will all eome to \ou naturalh vnr—
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  • SHIPPING TIMES
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      292 31 Bridge News, Reuters ASIA Panamax rates remained strong, although trading paused on Friday, brokers said. Futures fell on Friday in quiet trade, CLarkson Securities Ltd said in its daily Biffex report. End of week profit takers established selling interest as the market tone became more uncertain. Volume totalled
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      Lock icon MARITIME STOCKS
      297 31 mn#mm W» *h w CWT Distribution 1.18 -0.02 13 Chuan Hup 0.42 -OX3 H572 COKO Investment 1.09 0.01 M Freight Links 0 JO 0.01 1485 G8HoMfeigs 0.81 -0.03 5 HM Sun Hup 0.73 -0.03 214 tMC HoMlngs-HK —5.60 unch 0 Jay a Holdings 0.25 -001 8M KeppelCorp 3.86
      297 words
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      Lock icon Star to build, operate new Thai cruise terminal
      447 31  -  M'sian firm can extend 30-year lease of Laem Chabang terminal for two 10-year periods By. Ann Toh [SINGAPORE] Malaysian cruise operator Star Cruises has signed an agreement with the Port Authority of Thailand to develop and operate a US$l5 million (5525.5 million)
      447 words
    • Article
      Lock icon Hyundai Heavy to scale back shipbuilding
      140 31 AFX-Asia [SEOUL] Hyundai Heavy Industries Co Ltd said it will scale back shipbuilding operations to below 50 per cent of total sales and focus more on oil exploration equipment and construction equipment. Shipbuilding will make up 40 per cent of total revenue by 2003
      AFX-Asia  -  140 words
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      Lock icon P&O ship begins journey to London
      62 31 [PAPENBURG, Germany] People watch the new cruise liner Aurora sail on a small water canal of the River Ems after German Meyer Shipyard inPapenburg destined for Eemshaven in the Netherlands over the weekend. r The 270-metre long cruise liner was built for the P&O
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      Lock icon China port firm prices new share offer
      268 31 China Merchants Shekon Port Service to launch 80m A shares tomorrow Reuters [BEIJING] China Merchants Shekou Port Service Co Ltd said yesterday it had priced its imminent additional offer of 80 million domestic A shares at 9.06 yuan per share. Domestic securities mutual
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        Lock icon Miami truckers, port officials seek to end strike
        444 32 Complaints about strong-arm insurance practices to be investigated by Florida officials Bloomberg [MIAMI] INDEPENDENT truckers who have shut down Miami's port, the ninth largest in the United States, since Feb 7 will have their complaints about insurance practices investigated by Florida state
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        Lock icon Ports of Auckland first-half profit seen at NZ$17-20m
        287 32 Reuters [WELLINGTON] New Zealand's largest port company Ports of Auckland was likely to post a net profit of NZ$l7 million (SSI 1.48 million) to NZ$2O million in its first half-year ended Dec 31, analysts said. Ports of Auckland posted a net profit
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      Lock icon SHIPPING SCHEDULES INDEX
      168 32 PAGE DSRSmator 4 Ad 6 ANL 3 D)afc Lloyd 8 Accord 8 Dongnama 3 Appenship 5 ECl 4 Austral 8 Line Balaji Shpq 5 EV W 6 BSA 7 8 B'tanq Mas 8 Lm o» 2T" CMA 8 y Hanpn 3 CoiomDus 8 Hewg A 4 COSCO
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      18824 39 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 02/03 12/03 RCL KAMA BHUM 407 65-*****66 To ABIDJAN (ABJ) 2003 Cote D'I voire 02/03 M/03 nykbum astro venus iroroi m
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        Lock icon CONVENTIONAL WHARVES
        667 43 Vessel Voy No Berth Arrival Departure *«<»ih Situ 04/00 J JI7 21/02/6:30 22/02/700 Mercurypeirt 2 JOJ 21/02/7:50 21/02/2000 SindkJewi 2 12 J02 21/02/8:20 22/02/800 Tg Johor« V2002r JOS 21/02/8:55 2V02/I900 Vector 3 I J03 21/02/8:05 22/02/6:00 Kimtrans Xpr NMR02 J19 21/02/9:45 22/02/12:00 Marcopoio 26 JMB034 J17 21/02/n:10 21/02/2300
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        Lock icon CONTAINER SCHEDULES
        1887 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/B*l«nct Rstls Ship Voy No Etb/Btr Period From To From ACHIEVER 705 21/2000 U 21/1500 21/1659 21/1*00 21/1500 21/145* 21/1*00 2* 21/1700 22/065* 22/0*00 21 21/1700 22/065* 22/0*00 1 22/0700 22/175* 22/MOO 41 22/1200 22/145* 22/1700 API 10URMAI I032E 23/2000
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        Lock icon GLOBAL HOLIDAYS
        205 43 Feb 23 Brunei: National Day. Feb 28 Taiwan: Peace Day. Marl Korea: Independence Movement Day. Mat 16 Indonesia: Hari Raya HajiMalaysia: Hari Raya Haji. Singapore: Hari Raya HajiBrunei: Hari Raya Aidiladha. Mar 17 United States: St Patrick's Day Bank Holiday (Northern Ireland). MarlS Taiwan: Market Holiday for Presidential
        205 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        442 43 Carton WO Ma 990.8 OJ 16.9 0.M 78 0.05 FUn Density Mater Residue Ask UubMw* S»«f»wt No Don E25 0 0 10 0 0 0 rrr- 380 Ayf 968 4 OJ MJ 0.07 42 0.03 to* 380 MM 996.9 0.7 16J O.M 270 0.06 «WV3 »/>
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        Lock icon COCKETT BUNKER MARKET REPORT
        795 43 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indi rated. The Cockett Bunker Price Index change and the
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        Lock icon Boeing sees Asia as top market in next two decades
        337 44 Worst of Asia's economic times are over, says US aircraft maker AFP [SINGAPORE] Airplane manufacturer Boeing Company expressed confidence yesterday that Asia will constitute the world's top commercial market over the next two decades following its recovery from financial crisis.
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        Lock icon Northwest receives award for turbulence avoidance system
        469 44 PRNewswire [MINNEAPOLIS-ST PAUL, Minnesota] A Northwest Airlines computerised system to help pilots plot and fly around relatively localised areas of turbulence has received special recognition by Air Transport World (ATW) magazine. Northwest, the only major US airline to receive a 2000 ATW award,
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        Lock icon Boeing engineers file unfair labour complaints
        252 44 Bloomberg [SEATTLE] Boeing Co's largest engineering union, on strike for more than a week, filed two unfair labour charges against the company and vowed to outlast management in the dispute over a new contract. The union said Boeing halted deductions of union dues from
        Bloomberg  -  252 words
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        Lock icon MAS to buy up to 80 Airbuses: report
        97 44 Reuters [KUALA LUMPUR] Malaysian Airline System Bhd (MAS) is in the final stages of talks to buy up to 80 Airbus aircraft, the Flight International magazine said. Quoting industry sources, the magazine said MAS was looking to buy 18 A *****0/600 wide-bodied
        Reuters  -  97 words
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        Lock icon Airbus aims to boost its share of Japanese market
        227 44 OanaKyodo [TOKYO] Airbus Industrie will aim at boosting its share of Japan's private-sector aircraft market to 50 per cent in around 2005, the head of the European aircraft consortium said. Speaking at a press conference in Tokyo, Noel Forgeard said the
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      • Article
        Lock icon United, Delta airlines match Continental's fare increases
        334 44 Bloomberg [CHICAGO] UAL Corp's United Airlines and Delta Air Lines Inc said they agreed to raise fares a day after rival Continental Airlines Inc increased some ticket prices to help offset rising fuel costs. Chicago-based United, the world's biggest carrier, matched Continental's plan
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      • LOG Book
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          Lock icon India, Europe to co-operate on aviation
          90 44 Reuters [NEW DELHI] India s Cabinet approved an agreement for cooperation between the European aviation industry and regulatory authorities with their Indian counterparts. A government statement said the cooperation would cover aviation safety, aircraft airworthiness, airline management, air traffic management and training of pilots.
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        • Article
          Lock icon Bombardier sells 3 jets to Shanghai Air
          58 44 AFP [BEIJING] Shanghai Airlines in east China has signed a contract with Canada's Bombardier Aerospace to purchase three jet planes for US$6B million (Ssl 15.6 million), the official Xinhua news agency said. It said the CRJ2OO (Canadair Regional Jet) hold SO seats and
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        1665 44 an FU6MT eta rucwr no W4579 2359 IMM IA7381 mo MHK 2050 S0200I 2359 0F81 1930 0FB2 2050 sum B40 ***** 0B5 AN0229 2230 C>»ixH» S0603 1910 C2354 0910 LH6380 2230 CZ» 2045 $0004 W5 M22 2230 Km* VH741 1310 VW740 1410 Imttwfm KL0043 0525 6MT4
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      437 31 PEOPLE Emery has appointed Mathew Wh (right) as operations manager of ocean services for the Asia Pacific. Mr Wee was seafreight operations manager at Schenker International before, London-based shipbroker Clarkson's has appointed Giles Lane as managing director of Clarkson's Asia in Singa- r pore. He replaces Jonathan Lae, who has
      437 words
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      46 31 Miami truckers, port official* seek to end strike, Page 2 I SingaPort 2000 Special Feature I I Shipping Times 29 March 2000 I II -ora •"J* IBp fflfcrcasp VourTold On •I |lga'He Key fflaritimelllarkeis Tni:l!i sim;ssTimi;s SHIPPING TIMKS I 82 Genting Lone News Centre Singcipore *****7
      46 words
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      724 32 NORTH AMERICA 7 QULF/INDIA SUB-CONTINENT ISUPIR SHUTTLE EXPRESS (88X) [GULF KARACHI EXPRESS (QKX) 1 rasa yoy igo —S— pkung vissa vot dmn oah kwt xa onp cmo pkungTT OOCICAUKCNU 42W544 02/02 20/02 27/02 PtO NEDUOTD MELBOURNE OK 11/92 )1 13/02 IS/02 14/02 21/02 2S/02 24/02 OOQKWYOM 02W505 09/02 27/02 21/02
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      706 32 Lines services represented /|MSSmV by Members of the Registry of Members of the \iAccredited Shipping Agents, Singopore Logistics Association S'pore National Shipping Assoc. ULY UNE MALE VESSiL VOY ETA Tlu TTw f. KIAWG SPOKE MALE Empress Lily VO2OO 23/02 21/02 01/03 Princess Lily VO2OO 08/03 09/03 18/03 Empress Lily VO3OO
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      1102 33 SAX SERVICE (DIRECT) vtssa vot ayn lux oak pal i hou cm ax 1 mem lah ktc Aft TOURMAiBf 022 23/02 09/03 14/03 14/03 14/03 14/03 14/03 14/03 15/03 15/03 rn.ua om 01/03 16/03 21/03 21/03 21/03 21/03 21/03 21/03 22/03 22/03 AftGAMtT OIK 00/03 23/03 OUT 23/03 23/03 23/03
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      10 33 Read Reviews of THE Liner Scene Every Fortnightly on Mondays
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      1801 33 OHANJIN SHIPPING likFi iMsMr*U> -Mr *****30 HANJM SNIPPING (S) PTI LTD M* km/* cam IOOt!»C *****3S 737 SALfS *****74 731 DOCUMENT *****71 774 OPHttnOKS *****50 751 MAIN UK *****55 HI *****60 aHO **********0 M TO NW USA CANADA USA CANADA* ™™/vor rarps umham/voy su m mn I rax oa msp
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      205 33 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND j HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 CONSOLIDATION, WAREHOUSING. TRANSPORTATION, HOUSEHOLD REMOVAL AND CAR TRANSPORTER LCL CONSOLIDATION SERVICE Ait iffilitte ol Mitsui OSK Lines /to/ Sun Hup Group nmmf* frrrrt Ifttrtici Ptt Itl _1_ DESTINATION £TA S PORE 30 Boon
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      1457 34 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VtSStl VOY RTM AMR HAM |(BV IFU I [tt«» Ivor ["sT] GIT Sft POS W.C MTU 11K 130 n 1,0 130 mm 17 02 Km nn an 11 n 11 aa PWUMKMTm OBIIW 23.12 li d 13 03 14 S3 IS 03 1( S3
      1,457 words
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      690 34 WLAM MAC-NELS S'PORE M'SIA rrrra Cwrlir: MM cotnn LINES, MC p.guoang: (071 *****6 Lj\/ VZJ SBU: (084) *****9 MAMLA: (632) *****24 BANGKOK: (882) *****57 SURABAYA: (31)*****11 P-KELANG: (03)*****77 JKT: (21)*****46 KUCHMG (082) *****1-3 PORT KIANC MANILA MV MED TAICHUNG V. 141S MV FRANCONIA V. 11N ETA SIN: 24-2-2000 ETA SIN:
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      738 34 I EXPRESS CONTAINER FEEDER FOR J N.SHEVA/COLOMBO I Vm S PORE N SHEVA COLOMBO PKLANG I SSSffISf 1 111 FE nmM 12MM I TULSIOAS ¥.121 OS MAR 14 MAR 11 MAR 25 MAR I CAPE CREUS VIQ3W 12 MAR 21 MAR 2t MAR 01 APR I SIMS 1 1 19
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      1800 35 VESSEL VOV KHH HKO 8M PKQ I DXB DMM BA I BIK IRAN BAABAEI PCL-142 16/02 18/02 22/02 23/02 04/03 05/03 07/03 00/03 IRAN SEESTAN PCL-143 23/02 25/02 29/02 01/03 11/03 12/03 14/03 16/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/03 08/03 18/03 19/03 21/03 23/03 IRAN SATTARI PCL-145 08/03 10/03
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      1000 35 WJ.F. FIB 2000 ACCEPTMM C6O TO (AMI, LAGOS, TOM A AIIiJAII VIA GENOA I i°J!U. S .!!L S l?£*E£, EM ,0,ll,s0 HL mIW HX. *****08 OUTWARD (l/L| I S2:S9.2SSI! si!££2s i«wuDi*rT(D/o) »»57«s COSTM agencies (mi SDN BHD 420S 30)/ISO T/SBPMT DtfT 4205A25 TtL 02-07-35 ***** FAX; 02-07-*****70 ["En "L 2L
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      779 35 EXPORT I IMPORT Mj" !5l 4taPTW6uwoßTQ*Fto>:i)Mßi.MmMrmyßt ■ovcxn st WTBtait vw ma 2) unweu yw rw TWANSPAOWC sarvra EXPORT ODMB»aiT/soii-MMM4iraMt«Ms I IMPORT vpsa 1 VOT ISW 1 LGO OAK ACtPWK (AMOKS FOt 11SAM HUNT vnsa ynr 7S SlgjpSßr/ °Jj* .27/0? 14, 03 70/03 22rafe^ < W 0I IMMI WW aK* OIOM
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      1334 36 I I C SGP RDM **W HBG THP ZEE LHV LHV THP ROM ANW HBG PKL f"SGP~ I I £52U22!1 MAC 14/03 Z2JV3 17/03 1003 21/03 *****3 I REFINE RE 024 0302 05/02 0402 00/02 01/02 27/02 2MB I c 2303 »03 2503 2703 2003 2003 E ROYAL RE 046
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      1367 36 SO TELOK BLAMGAH ROAD 012-02 OTPORT CENTRE STORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W *ssa m n» no oestmo» mmucmh mnmxmam aeam muntqk MOM e*Z7«* Z7«* wuw*renwiw«ijmw umni wmzmm aoaaa pwtwmk mmuqw mamnmam amam rlmum For eaqnirits and bookings please contact SEASPACE SHIPPING
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      398 37 i BSfl A. \mm MYANMA WBmk FIVE STAR LINE (Myamor National line) v Loading for Yangon (Rangoon) vissa vor sin pil pen pgu smwi »iw sib HPA-AN M7W SU) MALAYSIA AGENTS: KXISTIAO SHTfWG AGENCIES KUL TH (03)*****00 Kk TEL (03) *****01 rot m (04) H***** rat m (07) *****21/4 BANK
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      1181 37 HMN¥= HYUNDA^AERCHANTJJAARINECOj^TD^^^^^^ Ivtssa VOT ISM I SOU LEH UN ANT KAN RRV FE VBSE VOT I SOU IUH RTM AWT HAN NV W SM_ OK SSIW 24/02 13/03 11/03 15/03 14/03 DAMUK 54* 01/02 02/02 04/02 04/02 24/02 NOIEB OI4W 25/02 17/03 11/03 12/03 14/03 HTFBOAI 3221 02/02 04/02 05/02
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      629 37 v\frv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO MtAVrun SERVKE" VESSEL VOY I RAMP HEIGHT SIM LK MAO MIA SAV I lAI. I Off NYC MEW m6T~| TAMPA ahoos 400 Tmh m ***** ~2570T Woi oo7or of7oT" To7oT TT7OT 13/04 WoT 11/04 TAUBOT AHOO6 4001 ms 6JM 11/03
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      1858 38 BAMfULOKJ MAP TA PHUT/ LAMM CHABANO J A K AHT A/FA H J AHO VESSEL VOY SIN I BKK I MTPI LCH~ VESSEL VOY SIN JKT PJN ANANBHUM" IMN InPt 28/02 r MA 28/02 I CHANABHUM 110N In Pt 25/02 25/02 nc A uia jI"S NANTA BHUM" 484N 23/02 26/02
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      57 41 KYOWA LINE STL CONTAINER LINE Direct Breakbulk/Container/LCL I For Services To Se^ceto Vietnam Calcutta Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri See Page 7 Daily I STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL c 7 T New Europe To Services To EAST MALAYSIA AC ia b*t. AbIA
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      85 43 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 current
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      370 44 EASTBOUND MANAGEMENT AGREEMENT NORTH EUROPE/ASIA BUSINESS PLAN 2000 When the Principals of the FEFC Lines met in Tokyo on 26 January, they studied a review of developments in the Eastbound trade from North Europe to Asia. As explained in March last year, freight rates and cargo volumes were severely affected
      370 words