The Business Times, 23 February 2000

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Microfilm: NL21770
Total Pages: 44
1 44 The Business Times
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  • Title Section
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    13 1 THE BUSINESS TIMES MITA(£^3£7T2?T99&^ 85C SINGAPORE Internet: http://business-times.asial .com.sg/ WEDNESDAY, FEBRUARY 23, 2000
    13 words
  • Article
    Lock icon Dow skids 80 points at 11am
    69 1 Reuter. [NEW YORK] The Dow Jones Industrial Average lost more than one per cent in mid-morning trading yesterday. By 11am EST, the index steadied with a loss of 80.66 points at 10,136.86. This followed a sharp 295point fall on Friday after an interest rate
    Reuter.  -  69 words
  • Article
    Lock icon MARKET SUMMARY
    70 1 sn 2JMMJ2 (-9.23) nn-ai mm 75L08 (-1.58) smsci pottoes ***** (+1.10) STOCK MAKKET INDICES Tuesday Change KLSE COMP 1,000.83 -0.30 NIKKEI *****.58 -***** HANG SENG *****.17 -6710 SET INDEX 371.43 -28J2 JAKARTA COMP __58M2 917 MANILA COMP 1,709.83 -34.01 TAIPEI WP1 9,731.93 -180.74 SEOUL COMP 850.02 +4.7 CLSA
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  • Article
    Lock icon FINANCE
    79 1 FOIEX RATES us$ s$ us$ 1.706 £(USS/SJper£) 1606 1740 EURO(US$/S$/E) 0594 1696 DM 1969 0.866 YEN 1115 1534 RM 3.800 0.449 HK$ 7.782 0519 BAHT 5816 0.046 RUPIAH 7,448 0.023 SS to 100 units PRIME RATES SINGAPORE* 5 HO Kl'ALA LIWUR 7.67 JAKARTA »(m BANOKOK 95« MANILA 11 (M)
    79 words
  • Article
    Lock icon SingTel to list 4 Internet ventures within 2 years
    669 1  -  First np is National Computer Systems with listings on SGX, Nasdaq within 12 months By Teh Hooi Ling [SINGAPORE] Playing its Internet card, Singapore Telecom yesterday said it plans to have separate listings for at least four of its Internet ventures
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  • Article, Illustration
    Lock icon Time for some bottom fishing: analysts
    605 1  -  STI now 476.32 points or 18.4 per cent below its peak of 2,582.94 on Jan 3 By- Ven Sreenivasan, Wong Wei Kong [SINGAPORE] The Singapore stock market could see more turbulence ahead, but investors should prime themselves to buy now that the benchmark index
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  • Article, Illustration
    Lock icon Which 'tiger' will prowl the Pidemco mountain?
    547 1  -  Analysts, property consultants not prepared to pat their names to their bets Andrea Tan [SINGAPORE] A mountain cannot be home to two tigers, goes an old Chinese saying. The two tigers that market watchers had in mind yesterday were Han Cheng Fong and
    FILE PHOTOS  -  547 words
  • Article
    Lock icon CyberWorks seeks US$10b mega loan: report
    467 1 Bridging loan to fond planned HKT merger is set to be Asia's biggest Bloomberg [HONGKONG] Pacific Century CyberWorks is seeking to borrow as much as US$lO billion (Ssl7 billion) in what's set to be Asia's biggest loan to fund a proposed merger with Cable
    Bloomberg  -  467 words
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    • ON THE grapevine
      • Article
        Lock icon Lucky number
        123 2 THE management of CEI Contract Manufacturing, which launched its mainboard initial public offer (IPO) yesterday, has reason to be optimistic that the issue will do well. After all, the company's IPO launch was held yesterday at room 208 of the Singapore International Conference Exhibition Centre. It will have
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      • Article
        Lock icon Good Ol' Charlie Brown
        208 2 CHARLIE Brown, Snoopy and the rest of the Peanuts comic strip characters returned to the pages of the International Herald Tribune (IHT) this week, thanks to an avalanche of mail after they were dropped, reported AFP. The creator of the much-loved strip, 77-year-old cartoonist Charles Schulz,
        208 words
    • Article, Illustration
      Lock icon CCL beats analysts' forecasts
      625 2  -  $17m writebacks bring 1999 net profit to $108 million Reports bu Christopher Tan [SINGAPORE] A writeback of close to $17 million from property provisions made in 1998 nudged Cycle Carriage Ltd's (CCL) 1999 earnings past the $100 million mark somewhat higher than what analysts were expecting.
      ARTHUR LEE  -  625 words
    • Article
      Lock icon Target: at least 20% of Astra
      307 2 [SINGAPORE] Premier automotive group Cycle Carriage Ltd (CCL) is gunning for no less than a 20 per cent stake in Indonesian car giant Astra International, with a massive investment of up to half a billion dollars far greater than originally anticipated. Group managing director
      307 words
    • Article, Illustration
      Lock icon Hsuan Owyang named chairman of Rothschild (Singapore)
      752 2  -  PEOPLE Appointment caps veteran banker's career in financial services sector By Catherine Ong [SINGAPORE] From Wall Street to Bukit Merah and now the House of Rothschild. Hsuan Owyang caps a half-decade career in banking and public service with his latest appointment as a
      SIEW YAW HOONG  -  752 words
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      Lock icon Page 2 Advertisements Column 1
      444 2 ~i w KPMGSeminarSeries Internet hacking: are you exposed? Wednesday, 22 March 2000, 9.00 am to 12.30pm, Orchard Hotel, Ballroom The dangers on the Internet are real, as evidenced by the recent wave of cyber-attacks in Singapore and on well-known and popular overseas sites. Web vandalism, denial of service attacks, IP
      444 words
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      9 2 MCL Land turns around with $34m profit, Pg 6
      9 words
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      130 3 I You travel first-class I why should it be any uiJJerenHphen you arrive home? II.)\ s < .its at I lu- lip. M Shopping ui M,|an hampa-m huaklasts in (anno, Uonu to Autumn I\nk lot UIR (is. J t<> lit. S 11iK'i moiVKiHs v.>iii < (.lchr.ition ot lit. at Auininte
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  • DEAL of the day
    • Article, Illustration
      Lock icon Liew's challenge ahead
      1574 4  -  Pidemco's CEO must shift his emphasis to healthcare and Internet, lee bam shih and makissa chew write LEE HAN SHIH,MARISSA CHEW IT is not every day that a chief executive is given the chance to reinvent his company. What will Mr Liew Mun Leong do if he
      Source: Bloomberg  -  1,574 words
    • Article
      Lock icon KepCorp not in talks with Pidemco on Keppel Land
      162 4 AFX Asia {SINGAPORE] Keppel Corp said it is not in talks with state-linked Pidemco Land for the possible sale of its stake in Keppel Land Ltd. The company issued the statement in reaction to speculation in the market that Pidemco may
      AFX Asia  -  162 words
    • Article
      Lock icon Is a Parkway bid finally on the cards?
      673 4  -  HOCKimmmMI lee han shih MOW that DBS Land has finally found a parent willing to dish out big bucks for new ventures, perhaps the long-awaited takeover of Parkway Holdings could soon materialise. Come May it will be a full three years since
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      549 5 222 korsepower. High-performance VYT-i. Suddenly tkere s no need to compromise on power. The relentless pursuit of engine's speed and load. This clever ,„ove the accelerator. That means As cornering forces build, an entirely perfection involves a great many piece of perfection maximises airflow. exceptional response and smoothness. new geometry
      549 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon MCL Land turns around with $34m profit
      580 6  -  It plans to expand in Malaysia, mails entry into property market in Australia, Philippines Carol Eng MCL Land has returned to the black with a $33.8 million profit for 1999, and plans to intensify its overseas property presence. The company intends to expand
      580 words
    • Article, Illustration
      Lock icon Simon Cheong denies Aussie sale talk
      185 6 SINGAPOREAN investor Simon Cheong has no plans to sell Jack Chia-MPH's 63 per cent shareholding in Australian home-builder AV Jennings, contrary to Australian media reports. Responding to the reports, Mr Cheong yesterday told BT that while he did meet with officials of rival builder
      185 words
    • Article
      Lock icon Del Monte posts 21% earnings jump to US$42m
      423 6  -  By Andrea Tan DEL Monte Pacific Ltd posted a 21 per cent jump in net profit to US$42 million (Ss72 million) last year, driven by sales in Asia and North America. Turnover for the Philippinesbased canned food and fruit juice seller rose
      423 words
    • Article
      Lock icon Thakral Corp in Web site deal with AOL Hongkong
      208 6  -  NET MOVES By Eugene Low IN A bid to make further inroads into Hongkong and China's Internet market, Thakral Corporation has signed a memorandum of understanding (MOU) with America Online (AOL) Hongkong to launch a new co-branded Internet site. The site
      208 words
    • Article
      Lock icon Fraser offers free online financial planning service
      322 6  -  VEN SREENIVASAN FRASER Securities, Singapore's oldest broking house, yesterday launched an online interactive financial planning service. Fraser Planning Tools Ltd (FPL) is a Web-based financial planning tool where investors can key in details of their current financial circumstances, risk profile and financial needs
      322 words
    • Article
      Lock icon The Ascott back in black in 1st-half
      333 6  -  Eugene Low SCOTTS Holdings, which changed its name to The Ascott earlier this month, is back in the black with a $2.7 million net profit for the six months ended Dec 31. The group had reported a $4.7 million loss for the same
      333 words
    • Article, Illustration
      Lock icon Eagle Brand sees double-digit rise in sales and profit
      449 6  -  Bathroom products maker targets profit margin above 20% By Francis Kan MAINBOARD-listed Eagle Brand Holdings expects 1999 to be its best year ever. The company, which was listed In February last year, enjoyed double-digit sales and net profit growth for the
      449 words
    • Article, Illustration
      Lock icon CEI to offer 56m new shares at 16 cents each
      511 7  -  Proceeds to go into equipment, plants and working capital Bl Jennifer Lien CEI Contract Manufacturing is looking to raise $8 million from an initial public offer of 56 million new shares at 16 cents each. The company will offer 11
      511 words
    • Article
      Lock icon CPF does away with release form for investors
      169 7 COME March 1, investors who use their CPF funds to buy shares will no longer have to go into a mad rush every time they forget to sign an authorisation form to release the funds. Following feedback from CPF investors that the
      169 words
    • Article, Illustration
      Lock icon L&M's net loss narrows to $1.52m from $49.7m
      358 7  -  Drop in interest costs, absence of write-offs help bottom line; turnover falls By Wong Wei Kong LOWER interest expense, the absence of write-offs and productivity gains helped construction group L&M Group Investments narrow its net loss for 1999 to $1.52 million from
      FILE PHOTO  -  358 words
    • Article
      Lock icon UIS profit rises 29% to $16.9m
      231 7  -  By Soh Tiang Keng CLOSED-END fund United International Securities (UIS) has reported a 29 per cent surge in group net profit to $16.9 million last year. UIS, which is part of the United Overseas Bank group, attributed the rise mainly to sale of long-term
      231 words
    • Article, Illustration
      Lock icon Unisteel offer 40 times subscribed
      155 7 UNISTEEL Technology's initial public offer closed yesterday with a subscription of 40.2 times for its public tranche. There were 44,557 applications for the 9.6 million shares available to the public. In total, the applicants sought 387 million shares. The invitation represented 25 per cent of
      155 words
    • COMPANY Briefs
      • Article
        Lock icon Keppel buys back 420.000 shares
        70 7 KEPPEL Corp said it bought back 420,000 of its own shares at $3.84 to $3.92 each from the open market on Tuesday, for a total of $1.63 million. The group has authorisation to buy back up to 78.63 million shares. After the purchase, its issued
        70 words
      • Article
        Lock icon Guoco increases stake in FCC
        45 7 ASIA Fountain Investment Co, a wholly owned subsidiary of Quek Leng Chan-controlled Guoco Group, has bought 2.3 million First Capital Corp (FCC) shares on the open market for $3.16 million, raising its interest to 189,090,560 shares or 51.31 per cent.
        45 words
      • Article
        Lock icon Aztech doesn't know why shares rose
        135 7 AZTECH Systems yesterday responded to the Singapore Exchange's query on the increase in share price and trading volume of its shares. The company said it was not aware of any significant corporate developments that could account for the unusual market activity yesterday. Its shares
        135 words
      • Article
        Lock icon Lam Chang fleshes out its portal
        122 7 LUM Chang Holdings yesterday gave farther details of its joint venture to develop, inter alia, a building, construction and renovation Web portal. The portal will be co-branded with Lycos Asia Pte Ltd and aims to bring together accredited trade professionals in a convenient venue
        122 words
      • Article
        Lock icon L&M unit in deal with Microsoft
        52 7 L&M GROUP Investments said its subsidiary, L&M.com Pte Ltd, has signed a Commercial Internet System Licence Agreement with Microsoft Corp. Microsoft is making the agreement and its implementation available to the company under a revenue sharing arrangement. The portal is expected to be launched
        52 words
    • Article
      Lock icon APB digs heels in over offer price for DB Group
      407 7 It cites historical price to counter PwCs valuation ASIA-PACIFIC Breweries yesterday said it will not raise its offer for New Zealand's DB Group, despite PricewaterhouseCoopers' conclusion that the NZ$2.BB-a--share offer was unfair to minority shareholders. APB, which said the offer
      407 words
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      20 7 Classified First. Need to get something fixed? Or simply seek out a good buy? Check The Straits Times Classified First.
      20 words
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      Lock icon Page 7 Advertisements Column 2
      65 7 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Ms Florence Nathan, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE. SINGAPORE *****1 E-mail: ocrasingOsingnet.com.sg TEL (65) *****82 FAX: (65)
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Teledata warrant – cheap plug into telecoms sector
      189 8  - Teledata warrant cheap plug into telecoms sector WARRANT WATCH -By. R Sivanithy FOR those who have been watching the Teledata share and warrant, it must be obvious that they've held up reasonably well despite yesterday's selling onslaught. The main reason, of course, is that the company is in focus at
      189 words
    • Article, Illustration
      Lock icon Wild ride on S'pore bourse mirrors swings in HK
      568 8  -  STOCKS r.sivanithy IT wasn't a session for the faint-hearted yesterday as prices swung this way and that, almost mirroring exactly the large swings in Hongkong. An early 20-point rise in the Straits Times Index soon turned into a 60-point loss when
      568 words
    • Article
      Lock icon Untitled
      482 8 Stocks Volume Qottron 20c 31,730,000 Aztsch5c..~ 29,406,000 Vfckers Capital 25c 24,210,000 IPCCoipnSc 23.798.000 NOL 19,067,000 DOS Land 18,002,000 MMI Hldgs 10c 14,882.000 QES IntlLtd 20c 14.336.000 TsnChonglntSOc.. 13,332,000 KingboaidUSlOc 11,400,000 Stocka PadltoCentury 92,823,000 DBSGip 90,891,834 GESIntlLld20c 48,963,250 DBS Land 43,777,480 SPH. 40,275,414 Vlckara Capital 25c v 30,511,560 0C8C. 28,728,300 0U8
      482 words
    • Article, Illustration
      Lock icon Liquidity could propel Aztech to 70c
      234 8  -  HOT STOCK -By Wong Wei Kong SHARES of Aztech Systems rose in heavy trading yesterday with the stock finishing as the session's second most active stock and among the biggest gainers. Aztech shares closed up 8 cents or 14 per cent at their day
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    • Article
      Lock icon Market Notices
      140 8 SCOTTS Holdings has changed its name to Ascott Ltd. With effect from tomorrow, its shares will be traded under the new name. NATSTEEL Ltd said that Schroder Investment Management has sold 143,000 shares for 562,000. This means that Schroder has trimmed its stake in Nat Steel to 18.42
      140 words
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      Lock icon Page 8 Advertisements Column 1
      68 8 —4 I 111 /"I w&Tjft, I Infj 4 I LafU mmmiimim is mm i 1* Jf HB 2000^3 n 7H (S«=) tm- B *t3o»M UUMMW t?SW3O? ftiißM («> ftA*pg&s**ea#»gisttagt Iftif: Ss6s I MttttWH. mma« Wl, fcliß&jjft lU&?fl£J|jGn £4vhSifcA#ltrflF£jfc* fl? t& *****05 5K -a Tff «B*«: *****81 WBMt/Mg i -S YeslPlease
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      Lock icon Page 8 Advertisements Column 2
      71 8 Looking for a forum to talk stocks? Chatline i the place to be Find us at htto //fol abs com sg/ BSOBSBANK Larry Wee's enrrendes column appears ea Page 28 BUY** SELL^ mkM 0 Classified ads make just about Mlm anything an easy sell. No matter what it is, you
      71 words
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  • MAIL bag
    • Article
      Lock icon Set up advisory council on M'sian issues
      257 9  -  Tan Kok Tim Singapore I REFER to the letter, "What Singapore has done to incur Malaysian hatred" (BT, Feb 19) in reply to an earlier letter "Clob: Prepare to play hardball" (BT, Feb 9). It is unwise to let these exchanges to go
      257 words
    • Article
      Lock icon Malik too preoccupied with hatred
      193 9  -  Y Y Fong Singapore OUR good friend, Malik Tahir, has done it yet again, in his letter, "What S'pore has done to incur M'sian hatred", in BT of Feb 19. I wish to remind Mr Malik that there are Malaysians of other races, apart from
      193 words
    • Article, Illustration
      Lock icon IPOs:Being too protective is no solution
      546 9  -  Thng Tien Tat Singapore I READ with interest the letter, "Public listing: Is going the US way best, MAS?", by Jai Tan in BT of Feb 18. To begin with, I do not think that the policy is a wholesale "US way". Given the
      FILE PHOTO  -  546 words
    • Article
      Lock icon No 'Jack Welch dilemma'here
      150 9  -  Denis Distant Singapore via Internet I REFER to the Hock Lock Siew article, "Start of 'the Jack Welch dilemma' in Singapore" (BT, Feb 19) by Lee Han Shih and am surprised he sees an impending dilemma here. For over 25 years, since fixed exchange and interest
      150 words
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      Lock icon Page 9 Advertisements Column 1
      36 9 You can e-mail us at btletterQsph.com.sg or fax us at *****71, or mail your letter to The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number.
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      Lock icon Page 9 Advertisements Column 2
      192 9 No, we're not asking you to drink and drive But If you do own a classic car (one of "excellent vintage", shall we say) and intend to sell it, advertise in Classified. For intoxicatingly fast results. Get the Classified ad-wntage! Call 1800-737-1166 to make your Classic/Vintage Cars ]c£[ ad booking
      192 words
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  • SINGAPORE news
    • Article
      Lock icon Bill introduced to give unions more flexibility in use of funds
      401 10  -  New system will pat more power in the hands of elected members By Audrey Tan TRADE unions have been given more flexibility in their use of funds and purchases of land, as a result of changes made to the
      401 words
    • Article, Illustration
      Lock icon Panel praises TV programming, points out weaknesses
      532 10  -  By Koh Hui Ting TELEVISION programming in Singapore got the thumbs up yesterday from a local watchdog council, but shows with occult themes, multi-ra-cial representation in local dramas and improperly trained radio presenters were held up as areas requiring extra attention. In its
      FILE PHOTO  -  532 words
    • Article, Illustration
      Lock icon You could win a prize by filing tax returns online
      447 10  -  Taxman offering I-Books, palmtops as incentives By Soh Tiang Keng FILE your tax returns electronically and get a chance to win a laptop computer or a handphone. To encourage more taxpayers to file their returns over the Internet, the Inland
      FILE PHOTO  -  447 words
    • Article
      Lock icon IDF 2000 has designs on S'pore business
      217 10 DESIGN as a key part of a business strategy seems to be lacking in local companies, but this is set to change if the Trade Development Board has its way. The board is organising once again the International Design Forum (IDF), an exhibition-
      217 words
    • Article, Illustration
      Lock icon Jan output to reflect export slowdown
      380 10  -  By Anna Teo THE January industrial production numbers due out this weekend will likely reflect the latest slowdown in domestic exports. But the trade dip was due more to supply constraints than a lack of demand, economists say. The weak 7.6 per cent growth
      Source: JP Morgan  -  380 words
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  • e News
    • Article
      Lock icon Dell offers to host Web sites for small firms
      340 11 No 1 direct seller of PCs seeks recurring profits from such services, which will cost as little as U5517.95 Bloomberg [ROUND ROCK, Texas] Dell Computer Corp is offering customers a new service to set up, host and manage Web sites as
      Bloomberg  -  340 words
    • Article
      Lock icon DoCoMo's i-mode draws 4.2m users in 1st year
      503 11 TOKYO Bloomberg NTT Mobile Communications Network Inc said its imode service, which provides Internet access through mobile phones, has drawn 4.2 million subscribers in its first year, topping expectations and fuelling a stock price surge that has made the company Japan's biggest
      Bloomberg  -  503 words
    • Article
      Lock icon UK firm plans Web site for online musicians
      312 11 LONDON It will provide all resources needed to make music using the Internet Bloomberg FUTURE Network pic, the UK's fourth largest consumer magazine publisher, said it is introducing a Web portal aimed at people who make music on the Internet. Intermusic.com will
      Bloomberg  -  312 words
    • Article, Illustration
      Lock icon IT billionaire is a man in love with start-ups
      1068 11 PEOPLE FT [BOMBAY] Gururaj Deshpande seemed the obvious choice for celebrity speaker at India's top information technology conference in Bombay recently. The theme was "creating wealth in the digital economy". Mr Deshpande, a US-based software engineer turned serial start-up entrepreneur, came
      FT  -  1,068 words
    • Article
      Lock icon Hondcong.com aims to get HK$957m via IPO on GEM
      204 11 HONGKONG Reuters CHINADOTCOM Corp's portal arm Hongkong.com is raising up to HKJ9S7 million (Ss2lo million) in an initial public offering on the Growth Enterprise Market (GEM) with trading commencing in March, sources close to the deal said. Hongkong.com Corp planned to
      Reuters  -  204 words
    • e Briefs
      • Article
        Lock icon World's first multimedia mobile phone
        119 11 AFX-Asia [SEOUL] Cyberßank Co and Mirae Corp said they have developed the world's first multimedia mobile phone, which can be used to surf the Web with a Windows programme and also ftinction as a palmtop computer. The two local venture firms said the "Multipalm", which
        AFX-Asia  -  119 words
      • Article
        Lock icon Standard to link devices,computers
        85 11 Bloomberg [ARMONK, New York] International Business Machines Corp, Motorola Inc and Nokia Oyj are teaming up to develop a standard way to link hand-held devices and computers so the machines can share information. Today's makers of ceUular phones and electronic organisers, such as 3Com Corp's Palm,
        Bloomberg  -  85 words
      • Article
        Lock icon GM out to reach more customers online
        63 11 Bloomberg [DETROIT] General Motors Corp agreed to provide greater details about its vehicles and sales incentives to Edmunds.com, a provider of Internet auto reviews and pricing, as the largest automaker seeks to reach more customers online. Terms of the three-year agreement weren't disclosed.
        Bloomberg  -  63 words
      • Article, Illustration
        Lock icon Plexus shares surge nearly 8%
        58 11 Bloomberg [PERTH] Plexus International Ltd, an Internet retailer, surged 7.6 per cent after announcing a venture with Australia's largest independent liquor retailer to sell wine online. Perth-based Plexus said Theos Liquor Markets has agreed to supply wine to its "Wine Rewards" programme. The company's existing
        Bloomberg  -  58 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Clinton ensures trade round stays shelved
      731 12  -  OPINION reginald dale The writer is a columnist with the International Herald Tribune, where this commentary first appeared PASCAL Lamy, the European Union's trade commissioner, is one of many people still actively seeking a new round of international trade negotiations despite the failure of
      731 words
    • Article
      Lock icon IN OTHER WORDS
      97 12 'I guess I am just a crackpot who hit the jackpot.' -Omnr»JfWh|MiwU a US-based software engineer turned serial start up entrepreneur. People have to realise he hasn't always been Bill Clinton's vice-president Before that, he was a very conservative congressman.' -BUI Bradley Democratic presidential candidate on Al
      97 words
    • Article
      Lock icon The Fed's risky strategy
      659 12 EDITORIAL ONE cannot really fault US Federal Reserve Board chairman Alan Greenspan for wanting to target the US stock market in his attempt to sustain America's decade-long economic boom. But the strategy is fraught with risk, and it may only achieve its aim at some cost.
      659 words
    • Article, Illustration
      Lock icon How democracies create the greatest wealth
      1020 12 Why are some nations rich and others poor? Economist Mancnr Olson has a theory The Economist JUST before Mancur Olson died in 1998, he finished work on a new book, Power and Prosperity: Outgrowing Communist and Capitalist Dictatorships. Now published by Basic Books, it
      The Economist  -  1,020 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      886 12 Freedom of religion "ALL religions must be tolerated," the eminent 18th-cen-tury Prussian monarch Frederick the Great is said to have once instructed his religious department officials. "Every man must go to heaven in his own way." In Indonesia, such an open plea for religious freedom might
      886 words
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  • MALAYSIA news
    • Article
      Lock icon Time Engineering hopes to complete debt revamp by April
      469 13  -  It expects to find foreign partner to take 24.6% stake in Time dot Com From Eddie Toh in Kuala Lumpur TIME Engineering hopes to disclose the strategic partner of its Time dotCom and complete its debt revamp exercise by April to
      469 words
    • Article, Illustration
      Lock icon Moody's sees no immediate ratings hike for M'sia
      223 13 KUALA LUMPUR Bloomberg MALAYSIA'S credit rating won't be raised anytime soon, reflecting concerns related to the performance of the country's companies, Moody's Investors Service said. The outlook for Malaysia's credit rating was raised by Moody's in early October on low debt level
      Bloomberg; FILE PHOTO  -  223 words
    • MARKET moves
      • Article
        Lock icon Sapura, Uniphone up on revamp talk
        168 13 TELECOMS and IT solutions group Sapura Holdings continued its upward climb yesterday, ending as the day's top gainer with a price rise of 3.20 Malaysian ringgit, or almost 27 per cent, to close at RM15.20. Market rumours suggested that the group would be restructuring
        168 words
      • Article
        Lock icon Profit-taking on chip counters
        142 13 SEMICONDUCTOR manufacturers Unisem and MPI saw their prices decline on profit-taking yesterday, as the focus remained on cheaper second board counters for the second day running. Unisem was the day's top loser, down by 3.25 Malaysian ringgit to RM4O, despite releasing results within market expectations the
        142 words
      • Article
        Lock icon Banking stocks sidelined
        142 13  -  Compiled by Diana Oon Abdullah INTEREST in banking stocks was weak yesterday resulting in a decline on the finance index for the second straight day. The finance index was down 127.85 points to 8,563.07 yesterday, as index heavyweight Maybank posted a 20 sen decline to 17.20 Malaysian
        142 words
    • Article
      Lock icon Proton posts Q3 loss even as sales rise
      193 13 KUALA LUMPUR Bloomberg PERUSAHAAN Otomobil Nasional Bhd, Malaysia's biggest carmaker, lost money in its fiscal third quarter even as its auto sales rose. The company, which makes seven out of 10 new cars sold in Malaysia, lost 21.2 million Malaysian ringgit (559.5
      Bloomberg  -  193 words
    • Article
      Lock icon UMW returns to the black
      152 13 KUALA LUMPUR Bloomberg UMW Holdings Bhd said it returned to a profit in 1999 as it sold more cars after a rebound in the country's economy boosted consumer spending. UMW, which sells cars for Toyota Motor Corp, said it made a profit of 118.7 million
      Bloomberg  -  152 words
    • Article
      Lock icon Multi-Purpose gets nod to sell 70% bank stake
      194 13 KUALA LUMPUR AFX-Asia MULTI-PURPOSE Holdings Bhd said the Securities Commission (SC) approved Multipurpose Capital Holdings Bhd's proposed sale of a 70 per cent stake in Multi-Pur-pose Bank Bhd to Malaysian Plantations Bhd (MPlant) for 480 million Malaysian ringgit (*****.4 million). The sale
      AFX-Asia  -  194 words
    • Article
      Lock icon Vincent Tan, Tong Kooi Ong merge their media ventures
      327 13 KUALA LUMPUR Reuters TWO of Malaysia's business tycoons have merged their media ventures via a share swap, a move media analysts say could intensify competition in the industry. Vincent Tan of the diversified Berjaya Group Bhd and Tong Kooi Ong of
      Reuters  -  327 words
    • Article
      Lock icon Grand United wants to figure in tech indices
      261 13 PULAUPINANG, Malaysia Bernama GRAND United Holdings Berhad (GUH), principally involved in the manufacturing and distribution of printed circuit board (PCB) for the technology-support industries, is seeking a listing on the country's recently launched technology indices. Group managing director Chung Chin Fu said
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      197 14 0 A\.ewards come easier now with Asia's most exciting travel reward programme. Enrol in Asia Miles between 15 February and and 31 May 2000, and you'll enjoy sweet rewards such as 3,000 bonus Asia Miles (in addition to your normal accrual) as well as a chance to fly to Hong
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Indon govt unveils plans to raise fuel price, taxes
      472 15 JAKARTA Electricity to cost as much as 29% more; move sparks worries of farther unrest Reuters INDONESIA yesterday announced planned fuel price and tax rises, crucial to cutting a huge Budget deficit but also sparking concern it might trigger more social
      Reuters; AP  -  472 words
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      Lock icon Indonesia's human rights drive
      683 15  -  ASEAN VIEW After Suharto and Wiranto, will Murdanl and Try Sutrisno be next? yang razali kassim CIVILIAN MILITARY relations aside, the evening "raid" by President Abdurrahman Wahid on General Wiranto was meant to mark the new government's commitment to human rights. It was, after all, the
      683 words
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      Lock icon Banks lead 7% fall in Thai index
      229 15 BANGKOK Bloomberg THAILAND'S SET stock index suffered its biggest decline in more than a year, paced by banks on concern they will have to raise money to cover loans that may not be repaid. The SET Index yesterday posted its biggest percentage decline
      Bloomberg; Source: Bloomberg  -  229 words
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      138 15 CpeadtVifl ioo mucM o*n ZtxtiOv\tr§ Just click www.wizofflce.com (J 1/1/ WizOffloe.com i HXMNOWMWK I -imwnrrarawuiwßiii I JSaiiteßSßU I I The new .luxury Omega ill Simply exceeds your expectations. J v i mk WW? %<spr^r v Appreciation for the unexpected u'os once an acquired taste. Now. all it takes is a
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  • EAST asia
    • Article, Illustration
      Lock icon Taiwan stocks down 1.8% on China warning
      461 16 CHINA-IIIU.HI.IjJ.UU.B TAIPEI Panic after Bering's statement also leads to dips in Shenzhen, Shanghai, Hongkong Reuters, AP TAIWAN'S jittery stock market dipped yesterday as the government scrambled to reply to China's new threats to keep open the possibility of unification or face an attack.
      Reuters,; AP; AFP  -  461 words
    • Article
      Lock icon Hang Seng resilient despite selldown
      371 16  -  Observers cite HK's ability to re-iQFspt-» itself as Internet hnb From Meera Tharmaratnam in Hongkong HONGKONG'S benchmark stock market index fell as much as 3.3 per cent at one point yesterday, but recovered to close just 67.2 points lower at 16,255.17 despite tension caused by
      371 words
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      Lock icon China moves closer to WTO entry with India deal, vital EU talks
      676 16 BEIJING EU imposes virtual news blackout on discussions Reuters CHINA kept up the momentum in its drive to enter the World Trade Organization yesterday, striking a deal with India as crucial negotiations with the European Union entered a
      Reuters; AFP  -  676 words
    • Article
      Lock icon HK consumer prices fall 5.3% in Jan
      330 16 HONGKONG Drop for 15th month in row is bigger than expected Bloomberg HONGKONG consumer prices accelerated their decline in January, falling for the 15th consecutive month as retailers lowered prices to lure spenders and housing rents continued their slide. The composite consumer price
      Bloomberg  -  330 words
    • Article
      Lock icon Tom.com prices IPO shares at HK$1.78, top of planned range
      301 16 HONGKONG Bloomberg TOM.COM Ltd set the price of its shares at the top end of a proposed range, underscoring the popularity of the first Internet venture of Hongkong tycoon Li Ka-shing. In what may prove to be Hongkong's most popular
      Bloomberg  -  301 words
    • SINO Briefs
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        Lock icon China's CPI shows low decline in Jan
        56 16 AP [BEIJING] In a sign that China's deflationary spiral may be loosening, the consumer price index edged down just 02 per cent year-on-year in January, the official China Daily reported yesterday. January's was the smallest monthly decline since April 0f1998, when the CPI
        AP  -  56 words
      • Article
        Lock icon More Pizza Hut, KFC outlets coming
        55 16 AFX-Asia [BEIJING] PepsiCo Inc franchising unit Tricon Global Restaurants said it will open more Kentucky Fried Chicken and Pizza Hut restaurants in China, Xinhua reported. They will be located in major Chinese cities, as well as in Hainan, Henan, Shanxi and other provinces, Tricon
        AFX-Asia  -  55 words
      • Article
        Lock icon China will not attend G-8 summit
        57 16 Reuters [BEIJING] China yesterday said it had no intention of participating in the Group of Eight's July summit in Okinawa even if invited, saying the G-8 could not replace the UN Security Council. "We have no intention of joining the summit and the group's
        Reuters  -  57 words
      • Article
        Lock icon China's ICBC to buy HK's Union Bank?
        57 16 Reuters (BEIJING) The Industrial and Commercial Bank of China, the country's biggest state-owned bank, plans to buy the Union Bank of Hongkong Ltd, the China Securities newspaper said yesterday. It quoted a senior ICBC official as saying the bank "plans to acquire" the
        Reuters  -  57 words
      • Article
        Lock icon HKMA seeks changes to bank boards
        71 16 AFX-Asia [HONGKONG] The Hong Kong Monetary Authority has proposed major changes to the composition of bank boards including the separation of die chairman and chief executive functions, the South China Morning Post said. The HKMA is also believed to target more rigorous policing of
        AFX-Asia  -  71 words
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      116 16 J! |B |l II (Glouot Man) wuh Aniline Lather II Rc£ 016 I II (Regular) $598 II Aniline Leather. Armchair $2588 I Aniline Leather $1188 Pony Skin $1288 V Reft 032 (Large) $1088 U 2 Seat Sola $3688. 3 Seat Sola $4788 J Ret 021 I [T~? Hide Leather $735.
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      308 17 *< 3* *3, *z |H 1 TT&'s&l-- >~ r v I I I T v„? I VLllh cell Id LeV CI LLL <£ I I I I I I I C ii^^ H I?- Br I K AMPgEW/ 12 sets Motorola V-dot mobile phones I J w 200 pes Motorola
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  • SOUTH asia
    • Article
      Lock icon Pakistan stocks hit 2,000-point mark for first time since 1997
      287 18 KARACHI Thrchangß is Asia's top percentage gainer this year, climbing 41% Reuters PAKISTANI stocks touched the elusive 2,000-point barrier for the first time since October 1997 yesterday, drawing warning signals from analysts worried about an overheated market that has jumped
      Reuters  -  287 words
    • Article
      Lock icon Pakistan Telecom to revamp to prepare for competition
      462 18 ISLAMABAD Reuters PAKISTAN'S massive stateowned Pakistan Telecommunications Co Ltd (PTCL) said it plans a major restructuring push to prepare for when its monopoly ends in three years. Chairman Nasim Mirza said on Monday that a task force was being set up to
      Reuters  -  462 words
    • Article, Illustration
      Lock icon Delhi's fire power
      43 18 [NEW DBIJHI A policeman jumping ttoxmgh a bkizing hoop ataneoenton Sunday tomarktiu fViilriM w TTb, huff IBM IMvUiVmMWtm 01 rICWIMmL IlmMnamm capital's 7Q,ooomember lawliwrtqpwgi Mifcf spiralling crime in the dty of 12 million had stretched its itmjuivesto the Omit AFP
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    • Article
      Lock icon Zee Telefilms to list abroad to fund acquisitions
      379 18 BOMBAY Mm expected to give further boost to firm's share price Renters INDIAN television and media conglomerate Zee Telefilms Ltd will finalise a proposal, at a board meeting on Feb 25, to list on an overseas market to raise funds for acquisitions,
      Renters  -  379 words
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      158 18 to calculate your financial happiness. take a lot more than your CPF for a secure future. That's why so important you start planning Fraser Securities is the first stockbroking 1 1 firm in Singapore to offer an investment r* adopts a V; financial planning approach making it than ever to
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  • WORLD news
    • Article
      Lock icon Japan rich enough to maintain Triple A rating: S&P
      506 19 TOKYO But agency warns Tokyo most extend reforms and better target spending Bloomberg, AFP JAPAN is rich enough, and the economy in good enough shape, to hold its "AAA" rating for now, Standard Poor's said. To keep that rating, the government
      Bloomberg,; AFP  -  506 words
    • Article
      Lock icon ING Barings sees Kosdaq rising 64%, says report
      258 19 SEOUL AFP DUTCH-BASED ING Barings Securities has predicted that South Korea's over-the-count-er Kosdaq index will rise by up to 64 per cent, or up to 432 points, in value by the end of this year, a report said yesterday. In a report
      AFP  -  258 words
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      Lock icon Beauty and the brawn
      26 19 [LAS VEGAS] Supermodel Heidi Klum makes a splash with heavyweight boxer Evander Holy field in the 2000 Sports Illustrated swimsuit issue. AP
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    • Article
      Lock icon TI develops range of speedy chips
      509 19 NEW YORK They're 10 times faster and use one-sixth power Bloomberg TEXAS Instruments Inc, the No 1 maker of semiconductors for mobile phones, will unveil a line of speedy chips that can be used for everything from tiny hearing aids to phones that retrieve
      Bloomberg  -  509 words
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      Lock icon Japanese stocks, yen slip on fears of Wall St slide
      629 19  -  Investors worried US correction will end Japan's recovery From Anthony Rowley in Tokyo TOKYO stock prices yesterday slipped below a key moving average level and the yen fell to its lowest in six months, reflecting market fears that a slide
      AP  -  629 words
    • Article, Illustration
      Lock icon Unilever plans 10% global staff cuts over five years
      389 19 LONDON It also plans major revamp to increase growth to 5% Reuters UNILEVER pic, the world's largest consumer goods company, yesterday said that it will cut 25,000 jobs, or about 10 per cent of its global work force, over the next
      Reuters; FILE PHOTO  -  389 words
    • Article
      Lock icon EU blasts pace of Japan's reforms
      319 20 TOKYO AFP THE European Union yesterday lambasted Japan for not going far enough in deregulating its telecommunications and farming sectors in the latest outburst of anger from the West regarding Tokyo's economic reforms. There was a "particular resistance to change" in the two sectors,
      AFP  -  319 words
    • Article, Illustration
      Lock icon Low oil stocks leave world markets vulnerable: IEA chief
      550 20 Prices have risen to levels that will hurt consumers and producers, he says AFP, Bloomberg, Reuters [PARIS] Oil reserves are at such low levels that the world market is vulnerable to any supply shocks, such as a break in exports from
      AFP,; Bloomberg,; Reuters; AP  -  550 words
    • Article
      Lock icon Royal London to pay £1.5b for United Assurance
      563 20 LONDON Bloomberg ROYAL London Mutual Insurance Society, a British mutual insurance company, agreed to pay £1.5 billion pounds (Ss4.l billion) for United Assurance Group Pic to expand its door-to-door sales and trim costs. Royal London bid 445 pence cash for each United
      Bloomberg  -  563 words
    • Article
      Lock icon US banks sitting on record pile of risky debt, warns McKinsey report
      427 20 NEW YORK FT US companies and consumers have built up record levels of risky debt that could threaten banks' financial health if the economy slows, warns McKinsey, the management consultancy. Wolfgang Hammes, a senior manager in McKinsey's banking
      FT  -  427 words
    • Article
      Lock icon Gates invests US$69m in nuke shipbuilder
      154 20 SAN FRANCISCO FT BILL Gates, Microsoft chairman, has purchased an 8 per cent stake in the US shipbuilder Newport News Shipbuilding for about US$6B.9 million (Ssll7 million), adding to his portfolio of investments in non-technology companies. Cascade Investments, which makes investments on behalf of
      FT  -  154 words
    • WORLD Watch
      • Article
        Lock icon US telco SBC to buy Sterling Commerce
        48 20 AFP {PARIS] US local telephone operator SBC Communications yesterday said it would acquire Sterling Commerce, a US software specialist in business-to-business e-commerce, for US$3.9 billion (556.6 billion) In cash. SBC Is offering to pay USs44.® per share of Sterling Commerce. AFP
        AFP  -  48 words
      • Article
        Lock icon Matsushita Q3 profit rises 6%
        56 20 Bloomberg {OSAKA] Matsushita Electric Industrial Co said third quarter operating profit rose a better-than-expected 6 per cent thanks to earnings at its electronic components business. Group pre-tax operating profit in the three months ended Dec 31 rose to 54.4 billion yen (SsB3&3 million) from 51.4
        Bloomberg  -  56 words
      • Article
        Lock icon Deutsche Telekom to sell network stake
        51 20 Reuters {HANOVER J Deutsche Telekom yesterday said it had agreed to sell 55 per cent of its North Rhine Westphalia cable network to US company Callahan Associates International for an undisclosed sum. Telekom would retain a 45 per cent stake in the NRW network.
        Reuters  -  51 words
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      344 20 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 SINTRA-NING PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company deemed to be held on the 15 February 2000, the following resolutions were duly passed: 1.
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      334 20 M THC MATTER Of THI COMPANIES ACT, CHAPTIR 50 AND IN THC MATTIR OF FT iUSINESS CONSULTANTS PTI UD (MCOWMATB M mumauc OFSMfttfOtl) (IN UQUIOATION) (MIMftERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of ike abovenamed Company duly convened and held at 7500 A Beach Road 113-320, The Plaza, Singapore
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      436 20 IN THI MATTER OF THE COMPANIES ACT, CHAPTER 90 AND IN THE MATTER OF FT lUSINESS CONSULTANTS PTI LTD (MCMPOMm MIW WUHIC OF SMMPOM) (IN LIQUIDATION) (MEMBERS VOLUNTARY WINDING-UP) NOTKf IS HIREBY GIVEN that the creditors of the abovenomed Company which is being wound-up voluntarily are required on or before
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      215 20 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF GOOOMEN PERSONNEL SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuont to Section 308 of the Componies Act, Cap. 50, that the FINAL MEETING of the members of the abowenomed Company
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  • FINANCE & commodities
    • Article
      Lock icon Mixed session on futures market
      228 21  -  SOX Derivatives Tradingßeports fflngapftno IwAw Daphne Tay, Jardine Fleming THE Singapore stockmarket closed lower yesterday on continued concerns over US interest rates and in line with weak regional bourses. The benchmark Straits Times Index closed down 9.23 points or 0.44 per cent at 2,106.62. The
      228 words
    • Article
      Lock icon Futures down 2% on heavy selling
      182 21  -  MSCI Taiwan fbtares Matthew Den Bleyker Refco Singapore THE Taiwan Stock Exchange Weighted Price Index fell 180.74 to 9,731.93. Meanwhile, SGX MSCI Taiwan index futures fell 8.8 or 2.03 per cent to 425.6 on heavy selling by both retail and institutions. The underlying MSCI
      182 words
    • Article
      Lock icon Crude prices drift sideways
      298 21 ENERGY REPORT Reuters [LONDON] Oil prices drifted sideways yesterday as nervous dealers weighed the prospect of the Organisation of the Petroleum Exporting Countries (Opec) capping a blistering year-long bull run by raising output in April. Benchmark Brent crude was 5 US cents off at U5525.88 a
      Reuters  -  298 words
    • Article
      Lock icon CURRENCY REPORT
      325 21 Bloomberg London THE US dollar posted its biggest loss against the euro yesterday. Europe's common currency climbed above US$1 amid optimism rising European stocks will provide better returns than their declining US counterparts. This is the first time in a month that the euro has broken above parity
      Bloomberg  -  325 words
    • Article, Illustration
      Lock icon Untitled
      1198 21 PTTEEBAMK CROSS RATES Feb 22 M cilwtlyo FIT PwHKShKIt Im»Mi Y« Won HIMZ$NfcttP»80 S$ Burt Mr «T$ Mrt Pimt US$ AmMU aw 6.178 0630 4.130 1231 4J69 27.285 46.592 0.696 7.095 2J77 1276 32.436 25.495 1067 3.934 LOW ***** 23.932 0J89 0.626 Caw* 1097 5.696 0.691 4.532 L351 5J42 29.937
      1,198 words
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      Lock icon Untitled
      1704 21 SICOM POTURBS Feb 22 RUBMI (tans ctataq aa at SJGpm) RSSICONTRACTacandAt) CtOM MM OpM «ontt mm f Srtt Itwrt Irtarwt •tar 00 129.50 200 Air 00 MO 2& 00 135.75 135.75 WJO 900 700 Jw 00 138.00 400 RSS i CONTRACT (US csab/k) Vefam Opw Montt WpP i— Stt (toww)
      1,704 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng falls on US market, Fed rate fears
      2790 22 HONGKONG AFP P Hang Seng -67.20 HONGKONG share prices lost 0.4 per cent yesterday, dragged down by worries over weaker US markets amid further US interest rate hikes and renewed military threats from China against Taiwan, dealers said. "The China-Taiwan problem
      AFP  -  2,790 words
    • Article
      Lock icon Nikkei falls on selldown by firms
      1999 22 TOKYO AFP □Nikkei &S -16X17 TOKYO share prices closed 0.8 per cent lower yesterday as high-technology firms turned sour and corporate investors sold stock ahead of the fiscal year end on March 31, brokers said. The Tokyo Stock Exchange's Nikkei--225 Index fell 153.17 points
      AFP  -  1,999 words
    • Article, Illustration
      Lock icon CHINA
      955 22 Reuters n -XB3 SHENZHEN stocks closed sharply lower yesterday due to an afternoon selling spree caused by renewed tensions between China and Taiwan. China said on Monday it would use "drastic measures, including military force" if Taiwan delayed reunification indefinitely. The hard currency B Share Index fell 3.83 points,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  955 words
    • Article
      Lock icon TAIPEI
      358 22 AFP HWP Index -180.74 TAIWANESE share prices lost 1.8 per cent yesterday amid caution ahead of upcoming presidential elections and mounting tension in relations with China, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 180.74 points to 9,731.93, following a 2.4-per cent drop in the previous session.
      AFP  -  358 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8739 23 INDUSTRIALS Cohsmmt proiicts 2000 LMt Vol Day Net Cap $«n •qoo hh> l— pn. t— 402 310 AJinomoto 380 -18 1 380 380 24.1 154.0 130 91 Angkasa 117 -3 183 123 113 172.5 444 290 Apollo Food Hlg 420 -4 25 424 416 10.0 168.0 2975 2700 BAT 50c
      8,739 words
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      Lock icon Weak regional markets pull down KLCI
      434 23 AFP Q Composite Index -&30 MALAYSIAN shares ended 0.6 per cent lower yesterday in volatile trade with sentiment weakened by falls in regional markets, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 6.30 points to finish at 1,000.83, off an earlier high
      AFP  -  434 words
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      248 24 £*^^kwT Al 1 I vT' /KfßO|jM^9^HHHHL^i^^^^^^^H vJF. ./MP Ji •f^"",. ii ii 1 1 s .■%L")» >. Issued by Morgan Sunley 4r Co International Lrnutfd. regulated by the Secunues and Futures Aulhonty Limited Morgan Stanley Dean Witter is a service mark of Morgan Stanley Dean Witter &Co Your best decisions
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3330 25 BOHDS WARRANTS Feb 22 m mm rmml u*y 52-«aak last Vat Bay MM >1 MCtm La Mw MU» M# La» Mm M «ar r—1 W» la> k|« Mar ftfca laaiWH IfcHi Mm (Hi «iana»2 Laft •04 10.5 s 3160 *AcafW*****1USS 43.5 unch 271 43.5 43.5 43.5 44 33.1 1 156
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      Lock icon SEOUL
      303 25 AFP Q Composite Index +4.7 THE Korea Stock Exchange Composite Index closed up 4.7 points at 850.02. Volume was 242.4 million shares worth 2.9 trillion won. AFP ft 22 mm *tAivmh Sentf 8250 250 Br aln Tecti M70 -70 Centra* Bank 2740 -160 Chail Comm *****0 3500 DaaCuBank 2430
      AFP  -  303 words
    • Article
      Lock icon MANILA
      292 25 AFP n Composite Index -3101 Fears of a US rate hike and an ongoing probe into alleged insider trading dragged Philippine share prices lower yesterday, analysts said. The PSE Composite Index fell 34.01 points to close at 1,799.83 points. Volume fell to 5.2 billion shares worth 1.7 billion pesos.
      AFP  -  292 words
    • Article
      Lock icon WELLINGTON
      275 25 AFP QnSE-40 -18J3 NEW Zealand's share market turned in yet another lacklustre performance yesterday, falling 0.9 per cent. The NZSE-40 Capital Index fell 18.93 to 2,012.92 on volume of NZ$BO.9 million. Over half the turnover was in Telecom Corp which slipped 12 NZ cents to NZ$9.l4. —AFP j>a rw»
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    • Article
      Lock icon SYDNEY
      571 25 AFP QAOOrdmariM -15* AUSTRALIAN shares feU 0.5 per cent yesterday as the market belatedly reacted to Friday's slump on Wall Street, brokers said. The benchmark All Ordinaries Index closed down 15.9 points to 3,101.2 points. The All Industrials dropped 23.5 points to 5,478.1 while the All Resources fell 12
      AFP  -  571 words
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      Lock icon BANGKOK
      774 25 AFX-Asia PSETlndei -28J2 THAI share prices closed sharply lower on foreign-led selling, in line with other markets in the region, dealers said. The SET Index closed down 28.92 points or 7.08 per cent at 379.43, off a high of 406.02. The SET 50 Index was down 2.30 points at
      AFX-Asia  -  774 words
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      Lock icon JAKARTA
      689 25 AFP n Composite Index -L 57 INDCT '\~TAN share prices closed j. per cent lower yesterday a. aid concerns about the government's plan to raise fuel prices and civil servant salaries, dealers said. The Jakarta Stock Exchange Composite Index closed down 9.57 points at 583.42 on 441.9 million shares
      AFP  -  689 words
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  • Article
    Lock icon STOCKS sgx
    8539 26 SGX MA1NB0ARD Transaction date: Feb 22 Of Qr y 52 Wk Last Vo4 Day Last Ouot* Dtv Oiv YM Nat Caa Av« "N* Lew stNo Company Sale COOP) Hlfh Law Bwyer ta«ar Cvr H P/t $mj| PrKa MULTHNDUSTVY 182 69 m c 1000 Acma 50c 141 -2 352
    8,539 words
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      52 26 —1 I 9 I For further information, call Somerset Residences on (65) 272 7272. SIMMERS ET 8 Shenton Way, #13-01 Temasek Tower, Singapore *****1 Website: www.somerset.com Auckland Bangkok Beijing Guangzhou Hanoi Ho Chi Minh City Jakarta Kuala Lumpur Kuching London Shanghai Singapore Surabaya Sydney Tianjin Yangon KCJII/CINLCJ ibllilfer'.; "*."v ->
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      668 27 Where to wine, dine and entertain..."^ Offering the lowest interest rate in town 290 4545 available tor: I private parties I •company dinner and dance I conference 1 seminar and meeting. M HOTEL GRAND CENTRAL UMfTEO I 22 Orchard Road/Cavenagh Road, I Singapore *****7 I Tat 737 9944 Fax:*****75 I
      668 words
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      Lock icon Page 27 Advertisements Column 2
      149 27 t i? T Savour local fare *(4/ and our award-winning I m'.. Chatterbox Chicken Rice. We are open 24 hours daily in case you have not eaten Enquiries: 831 6291 HanAtrin SitftgifMwr 3 J J Ofcturd Rojd. Stngjpurc 2MM67 luhcU u»iH\ one s»Pf >rinW. $K.*HH++ (Wejfen* o» Ioc<0), $rS.SO«-»- (■£***>
      149 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      1197 27 -UOIMOO3 1 1111 v*eun«3uay, rwuruary Pag© 27 CRYPTIC CROSSWORD wrnrnrnsmmms stS From Th e sa"* nanclalDa,a T TTiT 900 AM Kids Central: Pow- Sun: Dr Solomon's 6.00 See Thursday s sched- Sportseity 4 M\ i r n^ rS T Travelling Alien Show. ules. 5.00 PM Beach Football P P~l P
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  • MONEY matters
    • Article, Illustration
      Lock icon US$ blasts through key resistance levels in Asia
      979 28  -  CURRENCIES Local negatives cause surge in greenback demand, but correction possible larry wee THE greenback re-assert-ed itself in currency markets last week, seemingly unfazed by a poor week for US stocks which culminated in a sharp 3 per cent slide for major
      Source: Reuters; Source: Hypovereinsbank  -  979 words
    • Article
      Lock icon Asian currency strategy
      762 28 Bank of America recommends Australian dollar, rupiah and M'sian ringgit over three, six and 12 months respectively Overview ON a three-month view, we favour the Australian dollar, which does not yet reflect the recent rise in commodity prices. Over six months, our pick is the Indonesian rupiah,
      762 words
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      332 28 Gear up for 10% p.a.* interest rates Pair your Singapore Dollar with the Japanese Yen and make your two world currencies at the same time. This unique pairing could potentially fi rr^Mrv give you 10% p.a interest or higher on your deposit. I 1 111 With up to 10 world
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      310 29 Bridge News, Reuters THE dry cargo freight market got off to a slow start to the week, although this was partly influenced by a public holiday in the US, brokers said. Demand for capes izes was solid in all areas and rates continued to appreciate, but in comparison,
      Bridge News,; Reuters  -  310 words
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      Lock icon MARITIME STOCKS
      275 29 "Z^£v>£jf!k N>a w CWT Distribution 1.16 -002 4 Oman Hup 0.41 -OA KMH c«*co in»mi—m uofl -o.oi <32 Fr«M« Unka 0 32 0.02 4469 G8 IMdh|l 0.79 -0.02 12 Hat Sun Hup 0.73 unci) 231 IMC HoMngs-HK 5.60 Mnefl 0 MWtlCarp 0 194 aw 22TH KappalFELS 1.16 0.03
      275 words
    • Article, Illustration
      Lock icon P&O Ports to develop, operate Qingdao terminal
      435 29  -  It will Uke 49% stake in USsl77m venture, with Chinese partner taking the rest By Ann Toh [SINGAPORE] P&O Ports, the wholly-owned subsidiary of the P&O Group, has clinched a 30-year concession to develop and operate China's second largest container terminal of Qingdao
      South China Sea  -  435 words
    • Article
      Lock icon Volume at PSA's Fuzhou terminal up
      114 29 [SINGAPORE] Container traffic at the PSA-managed Fuzhou Qingzhou Container Terminal (FQCT) jumped 36 per cent year-on-year to 240,527 twenty-foot equivalent units (TEUs) in 1999. Latest figures for January showed a 47 per cent surge in volume to 26,357 TEUs, PSA Corp said in a
      114 words
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      Lock icon Asia's views need to be clearly heard in Europe
      789 29  -  STRAIT TALK By Seafarer ASIA'S shipowners need a particularly articulate and forceful permanent representative based in Europe, and they need one now. That at least was Seafarer's belief as he returned from the Green Shipping conference in Hamburg last week. In
      789 words
    • Article
      Lock icon Mitsubishi Heavy to scale back shipbuilding activity
      206 29 Bloomberg [TOKYO] Mitsubishi Heavy Industries Ltd, Japan's biggest heavy machinery maker, said it will shut one of its three shipbuilding lines in Nagasaki, southern Japan, amid increasing competition. Mitsubishi Heavy will convert the line into a storage space for passenger ships in September
      Bloomberg  -  206 words
    • Article
      Lock icon Panama terminal completes third-phase expansion
      178 29 Reuters [PANAMA CITY] Panama's Manzanillo International Terminal formally opened port facilities expanded in the third phase of a US$3OO million (Ssslo million) investment programme, consolidating its position as the largest freight-handling port in Latin America, officials said. Located at the Atlantic Coast entrance to the
      Reuters  -  178 words
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        Lock icon Kvaerner to build jetty near Bombay
        61 29 [LONDON] Anglo-Norwegian conglomerate Kvaerner has won the US$ll million (5518.37 million) contract to build a new 300 metre Jetty near the port of Bombay, India. Dm contract follows a similar deal at the same site last year as well as subsidiary Kvaerner Cementation India
        61 words
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        Lock icon DNV maintains profit
        43 29 [LONDON] Norwegian classification society Det Norske Veritas (DNV) recorded a "satisfactory" net profit of U5525.3 million (Ss43 million) last year, the same at its result for 1998. However, operating profit fell to UBI2ZJ miUon and the company started cost-cutting measures.
        43 words
    • SHIPPING news
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        Lock icon Chinese, French in services deal
        150 30 Reuters [SHANGHAI] THE Shanghai-based China Shipping (Group) Co has signed an agreement with France's CMA-CGM Group to put 50 container ships into operation to expand their services from Europe to Asia, the China Daily reported on Monday. Under the agreement, both companies would expand business
        Reuters  -  150 words
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        Lock icon Fujian gets new coal wharf
        124 30 Xinhua [FUZHOU] Construction work on a 35,000 dwt coal wharf has been completed in east China's Fujian Province. Built on the northern shore of Meizhou Bay, east of Quanzhou City, the wharf is one of the key projects of the province, involving a total investment
        Xinhua  -  124 words
      • Article, Illustration
        Lock icon UK's Ocean, NFC to form freight giant
        566 30 Combined logistics companies will form a global leader worth £2.75b Reuters [LONDON] British logistics company Ocean Group said on Monday that it had agreed to merge with rival NFC to form a global industry leader worth £2.75 billion (557.5 billion). The new group,
        Reuters; FILE PHOTO  -  566 words
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      Lock icon SHIPPING SCHEDULES INDEX
      295 30 PACE ECl 4 AMI 3 ECU Line 6 Accord 8 ES? Lines 13 Ahrenkiel 14 6 Appenship 5 AsiaOCL 13 FrtUnks M Austral 8 G L Avant 14 Gemartrans 6 B'tang Mas 8 &WShw BSA 7 O BTL 14 Gtory Nav 14 5 rr* 13 Bangladesh 13
      295 words
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      Lock icon SHIPPING GUIDE
      17702 37 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyege Telephone SIN Oestn Nam* Nam* Number Number SIN Destn Nam* Nam* Number Number SMNRMMMNMNMMPNMMMMPSNMMMHMMMMMMMHMMaBHHMRNMMHSSHNMI 01/03 19/03 RCL ITHA BHUM 488 65 *****88 <Aa 2.fr°° 3 Cot# D'lvolr* To BUENAVENTURA (BUN) 2059 Colombia ZZ 11
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        Lock icon CONVENTIONAL WHARVES
        558 43 Voy Wo Bwth Arrival Departure WsItrtTM J" 22/02/700 23/02/15.00 J" 00 22/02/8.05 22/02/2000 S.!. 108 22/02/7:45 23/02/700 Bt Aatntfi *9 22/02/7:50 22/02/1600 2 2S* JOI 22/02/10:10 22/02/23:30 tt Wi>h 4 -W 22/02/10:20 22/02/23:59 Bt JO' 22/02/12:35 22/02/23:59 5 JIS!" 00 J 1 22/02/1400 22/02/1900 22 7®° J01 22/02/13:50
        558 words
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        Lock icon CONTAINER SCHEDULES
        1770 43 RECEIVING OF EXPORT FCl CONTAINERS AMD LCL CARGO Boofclnq/fcUnco Rstls Ship Voy No Etb/Btr Period From To From ¥C 70S 23/2000 IA 22/HOO 22/HM 22/HOO 22/HOO 22/HM 22/1900 a 22/ITOO 2vot» 23/0900 »IA IMUM Mis 23/15.00 U 22/HOO 22/1*59 22 HOC 22/HOO 22/H59 22/HOO M 22/1700 23/0*» 23/0*0
        1,770 words
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        Lock icon GLOBAL HOLIDAYS
        209 43 Feb 23 Brunei: National Day. Fab 28 Taiwan: Peace Day. Marl Korea: Independence Movement Day. Mar It 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
        209 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        748 43 THIS report, compiled by Cockett Ma rine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        748 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        409 43 M IT «0 Mu 990.8 0.8 16.9 0.06 78 0.05 f£JI D—Ht »wHw Art >HbHIm UtmiM No *om E2S 0 0 10 0 0 0 380 Am 908.4 OJ to 0.07 42 0.03 wutri ««/v «mm mm JJS 9969 07 *2 0.14 270 0.06 %w %M/I1
        409 words
    • AIR & LAND transport
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        Lock icon SIA asks Airbus, Boeing for bids to supply 19 jets, 22 options
        262 44 S'pore carrier wants to replace its 17 A3lO-300s, which seat aroand 200 Reuters [SINGAPORE] Singapore Airlines has asked Airbus Industrie and Boeing Co for proposals to supply 19 aircraft and options on another 22, a spokesman said on
        Reuters; FILE PHOTO  -  262 words
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        Lock icon Thai Air staying put in Star: Lufthansa
        367 44 German carrier cuts fuel hedging expects oil prices to foil Bloomberg [SINGAPORE] Deutsche Lufthansa AG, a member of the Star Alliance of airlines, said Thai Airways International has no plans to leave the carrier group even with the future entry of Singapore Airlines
        Bloomberg  -  367 words
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        Lock icon Lufthansa eyes logistics merger with Deutsche Post
        180 44 AFP [FRANKFURT] Lufthansa, the German airline, and the German post office, Deutsche Post, are negotiating a merger of their logistics businesses, the Financial Times (FT) reported yesterday. The two groups were considering combining their three logistics units, DHL International, Lufthansa Cargo and Air
        AFP  -  180 words
      • Article
        Lock icon Four US carriers back off on domestic fare hikes
        325 44 Northwest Airlines did not match the surcharges Reuters [NEW YORK] Four top US carriers rescinded domestic fare hikes implemented late last week as a sweeping rate increase by the US' biggest carriers collapsed despite rising fuel costs. UAL Corp's United Airlines,
        Reuters  -  325 words
      • Article
        Lock icon Malaysia Airlines to buy single-aisle jets from Airbus
        221 44 Bloomberg [SINGAPORE] Malaysian Airline System Bhd (MAS), Malaysia's national carrier, will buy single-aisle jets from Europe's Airbus Industrie to replace aircraft from rival US producer Boeing Co, an airline spokesman said. He declined to disclose the number of aircraft MAS will buy
        Bloomberg  -  221 words
      • Article
        Lock icon US plans open skies talks with China joining WTO
        279 44 Reuters [SINGAPORE] The United States is to discuss an "open skies" aviation agreement with China ahead of Beijing's expected accession to the WTO (World Trade Organisation), US Secretary of Transportation Rodney Slater said. "I intend to advance the case for a
        Reuters  -  279 words
      • LOG Book
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          Lock icon Sri Lanka increases air flights to India
          103 44 Oana-Xinhua [COLOMBO] Sri Lankan and Indian aviation authorities have agreed to increase flights to meet the growing demand for air travel between the two countries, the official Doi/yAtas reported. During two days of talks between the two oountries which ended late Friday night,
          Oana-Xinhua  -  103 words
        • Article
          Lock icon TWA offers travel agents bonuses
          75 44 Reuters [ST LOUIS] Trans World Airlinee Inc (TWA) said it is offering travel agents bonus commissions of up to USglAt if they book passengers on TWA flights. Hie move was one of several initiatives TWA announoed in an effort to promote its premium services and
          Reuters  -  75 words
        • Article
          Lock icon BAA's Jan passenger traffic up 0.3%
          112 44 Bloomberg [LONDON] BAA, the world's larpsst airport operator, said passenger traffic at its UK airports roae&S pa* cent last month from January Mi, as business and leisure travel dropped over the New Year psrtod. The number of passengsrs moving through the company's seven UK
          Bloomberg  -  112 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1545 44 On FUGMT ETA FU6H7 C7D MMb mzm MS SWW 17S0 S0990 OB UM30I 1905 ffimilli $0803 1910 C23S2 083 sum n cow toe soom w tomttrim K***** 0S2S KL0838 2335 HmI VH741 DM ¥*****2 W0 6*975 1210 AN4328 2345 SOVW175 *35 *****7 B35 $0328 23*5 SCVW176
        1,545 words
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      205 29 UK s Ocean, NFC to form freight giant REPORTS ON ASIAN AEROSPACE2OOO SIA asks for aircraft bids 1 A. trr I 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
      205 words
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      1289 30 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I 83X SUPER BHUTTH gXPHm OWfet TO LONQ BjEACH ~1 f~ll WEST COACT OF C6WTRAL AMIRICA (MARQAftftA WBVICtI 1 rasa vot maw n»sw mtwa mmm Houston omto mwtom mcoon 4 c vtssa vot pffl pt-omfiml acabtu| saniomool no I rt'irml—bvimml
      1,289 words
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      705 30 Lines services represented /2jflßkV by Members of the Registry of Members of the Shipping Agents, Singapore Logistics Association S'pore National Shipping Assoc. ULY UNE MALE IvKsa vor eta Tra eta P. KUNC SPORE MAu Empress Lily VO2OO 23/02 21/02 01/03 Princess lily VO2OO 10/03 11/03 20/03 Empress Lily VO3OO 26/03
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      1078 31 TO EUROPE FROM EUROPE ytssa VOT SM SIM AMI HAM MV SOU HT LEU VCSE VOT ITM AIM HAM MTV SOU FIT [£H SM 1 MX MIS 014W 25/02 12/03 14/03 17/03 11/03 DAMJK $4* S/02 2/02 3/02 31/01 24/02 AftPIAK OUW 21/02 16/03 11/03 21/03 15/03 HY FtDCKAI 3221
      1,078 words
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      1527 31 hanjin SHIPPING iikP i i.fcMpLw -Mm *****30 HAIUW SWffWC (S) WIITP h» h—n ci *****16 TMOBSB? SAIfS 73K7H JM WQMK *****71 774 OfBATWS ?3707Sfr?SI MAM UK *****5} Fil 777TW aNO **********QH TO NW USA A CANADA y§A "STvsi/w urn w i*K*a/vDT |—grn im m m ot asr —ST" —wr Iwlno
      1,527 words
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      466 31 TBSa WT_ Jjo_ m TOT Ml HC JE_ J«_ _H/5_ |<Bg IWTISW I TO ItBSB WT pH XT MK HQO6IOM6 OB3S 20/02 22/P 0030 23/02 77/t? WA>? 03/ M CVP3 j j ffinj I SjE 77/ tH amWSAO JMS_ CVB OVO3 07/03 (M/ 03 Kffemutt; iK I I IS™ AaMAWOUA
      466 words
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      1461 32 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA ,ta& WY SM ia HTM AMI WW IHV FU VESSEL »0T Ml 6fT Sff fOS VIC WW NAHM) GENOA RXI 110 12 U IIJJ no 110 13 0 MZAJOOUN SDMI 17 0 06 B 118 MB 118 110 PWUA6 SBIATOR 011W 23 0 110
      1,461 words
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      678 32 P am MAC-HELS S'PnRP Carrier: Mil CONTR LOSS, MC P. gudang.- (ot) auras tlvvJ SS'SSSS "ANKA: (632) *****24 PENANG. (04) *****36 BANGKOK: (682)*****67 SURABAYA: (31)*****11 P KELANG: (03) *****77 JKT: (21)*****6 KUCWMQ (082) 4^3 PORT KtANO MANILA MV CONTI FRANCE V. 002S MV FRANCONIA V. 11N ETA SIN: 28-2-2000 ETA
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      632 32 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO V«MI S PORE N SHEVA COLOMBO PKUH6 CAPE CANAVERAL V 119W 27 FEB 17 MAR 12 MAR 11 MAR TULSIOAS V 121 B5 MAR 14 MAR 11 MAR 25MAR CAPf CREUS VlB3* 12 MAR 21 MAR 21 MAR r AM CAPE CANAVERAL V 120*1 II
      632 words
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      1701 33 [VESSEL VOY KHH HKO WW PICO DXB DMM I BA BIK IRAN BAABAEI PCL-142 18/02 18/02 ***** 23/02 04/03 06/03 07/03 00/03 IRANSEESTAN PCL-143 23/02 29/02 29/02 01/03 11/03 12/03 14/03 18/03 IRAN TABATABAEI PCL-144 01/03 03/03 07/03 08/03 18/03 10/03 21/03 23/03 IRAN SATTARI PCL-145 08/03 10/03 14/03 18/03
      1,701 words
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      1056 33 iu. FIB 2000 Koran CM "1 TO i AMI, LMOS, fUU t I Afffffltf VIA fKNOA I I" GENERAL AGENTS IN SINGAPORE: 80 ROIINSON RD TEL 226 1900 FAX: *****08 OUTWARD (I/I) 1,, 1 COSTAR MN Ml ITD *12-00 saus/ikgs *****57/43 inwaid dcpt (D/ 0) *****1S COSTAR AGENCIES (M) SDN
      1,056 words
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      567 33 IXPOCT I IMPORT siti in iiiii 7 i 1 EXPORT -WNMSw •>•(*»«.« aMEMiiicmiauiiirniKcti |IMPORT rasa I vot sm lgo om vot m om si S&lff HHHBi »=^F^i=* ?i= mcoHMAta—Wt tm «#>■■« Wwato liw life -ftm jp jW Jul"/»» >/m :m sj-sjgfjs —;ig Mi iig vrnxmcm nn ..,-m s export rasa
      567 words
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      1202 34 S6P RDM ANW HB6 THP ZEE LHV LHV THP RH WW HK HI SGP i. OECENT RW-Cl3 28*2 IMB 22*3 17*3 11*3 21*3 22*3 i. RERNE RE-024 03*2 05*2 04*2 08*2 BB*2 27*2 25.V2 i. DMMONO RW-T2 *4*3 23*3 2**J 25*3 27*3 2S*3 2t*3 E ROYAL RE-MC 10*2 12*2 11*2
      1,202 words
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      751 34 k f PACIFIC INTERNATIONAL UNES (PTE) LTD B I BSSSV 111 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO lOQeOgT"" 11 I S -j&- Ft{ «fl w w w m rwX?iN J I I WHMTHATAI) ~M7 W/2_ l/l T I fij I I I I liotapwwu pwtasi 2/3
      751 words
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      389 34 St TEL OK BLANGAH ROM) 062-62 CmPOflT CENTRE STORE *****6 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa W ED EID DBTNDIM MMunw mnmi*mnm ismam mntdk NWUKMH MBM362QM 2M2/2M KLMLMI mqh wmaKom ounooi fontmnm nmumr wmtua/m bw noawiwa-nuii immu nam ttmam vmam pontmnw For tflQNiries
      389 words
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      398 35 mm* MYANMA iHHk FIVE STAR UNE (Myaaaw Natioaal Liaa) W Loadiag for Ya«f«i (Raagooa) VESSH VOT SM PKL PEN PGU smwi «iw su> HPA-AN Itm SID MALAYSIA AGENTS: MVSTEAD SMPPMG AGENCIES KUL m (03)?417S00 PIL TEL (03) 374*101 Til (04)2****** PGU: IH (07) *****21/4 BANK UNE (A s«rvk« of Aadrtw
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      1223 35 HMNEHYUNDAI MERCHANT MARINE CO./ LTD. ivtssa voy sm I sou uh rim am nam mv |m 11 vssa voT|sou|iß<|m>|/>in|HA«i|wv| Fa I saw I BM 558* 24/02 13/03 11/03 15/03 14/03 OANUM 54« 01/02 02/02 04/02 04/02 24/02 MLMIS 014W 25/02 17/03 11/03 12/03 14/88 HYFBOAL 322! 02/02 09/02 05/02 00/02
      1,223 words
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      611 35 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE* IVISSa I VQY IOAMP WBGHT gj IK MAO MIA SAV Ml Off WTC «W MOO TAMPA AHOOS 4001 ms 6.3 M 24/02 25/03 WW O*7OT WoT "WOTTT7OT 13/04 T775T***** TAIAOOT AHOO4 4001 ms 6.3 M 11/03 10/04 11/04 21/04
      611 words
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      736 36 ■AWOKOWAf TA PtfUT/LAIM CWABAMOI JAKAHTA/f ANJAHO VESSEL VOY SIN BKK MTP LCH~ VESSEL VOV S<N JKT PJN YAHTRA BHUM 33QN In Pt 27/02 28/02 AKA BHUM 383S In Pt 2S/02 27/02 NANTA BHUM" 484N In Pt 26/02 27/02 DEJA BHUM 821 SB 25/02 27/02 MATHU BHUM 466N 26/02 01/03 29/02
      736 words
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      319 36 INDONESIA NATIONAL LINE TO AUSTRALIA RILL COKDUNER SERVICE va ntc g> w i» m u m MHBMB JOS (Ml B/n 03/03 OS/tJ 07/W 10/03 kasugai ~m om n/n 00/w iT/n ~T mowiw "»T M/n 07/03 17/W If/03 Jl/03 M/ 03 mwotr m iyc 14/03 10/03 »/oj a/03 iT/oj FEEDER SERVICE
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      761 36 Kg|Sg|§||i|H VESSELS VOY "siT" PKL JED MU LEH RTV HAM TEE SOT VM-LEDE TANYA T3CW 29*02 01/03 08*03 14/03 Ift«o3 H« 22/OQ 23/03 25/03 V-LEDE TAURUS A3OM 07/03 08/03 17/03 21/03 26/03 2MB 30*03 31/03 02/04 V-LE D* AQUARIUS U3BW 13*03 14/03 22/03 27/03 02/04 03/04 06/04 08/04 06/04 VJ-E
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      60 39 MALDIVES fj| H^H NATIONAL UNE 1 IRAN AFGHANISTAN See Our Ad on Page 4 under Turn To Page -3 Seaward Shipping Cross Ports Agencies Pte Ltd. Intercontinental Pte Ltd COLUMBUS LINE Singapore Pte Ltd Look Out For Our Providing You With More Schedule Every Tuesday Than 90 Direct Ports of
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      87 40 n RICKMERS-LINIE Agent: Hap«g-Uoyd (S) Pie Lid Breakbu l k VCTSIze 200 Cantonment Road #08-02 Southpoint Project Cargo •Container Singapore *****3 Heavy-lift Services to: 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)
      87 words
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      48 40 •Ei BB MITROPORT SHIPPING SDN. BHD. I SINOKOR MERCHANT ffPPWWgifl >—*****r-iun s—r o-" »-T~ I MARINE CO., LTD u *w-J*si»Tt/7M«/*7M BMMi gglmip^ evbmt FARWIDE SNIPPING AGENCIES PTE LTD EXPORT fct m-tw? lh«) fau 226-1514 r«l: fO«T KLAWG SIN: SIWGAfQIE HKG: HOWG KOMG USW: UISAN PUS: MJSAH KWT: KWAMGYAMG
      48 words
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      44 40 SHIPPING •WAREHOUSING Batm: Singapore Loading Daily Man to Sa (BATAMINDO l/m) Accepting KlXxtrvrndonaYProjea/Heavy Lift Cm%o& Reefer Comner BMa: Singapore Loading Mon. Wed A Rri (BATAMINDO D) Accepting PCI Heavy Lift Cargo Ut 227 0322 Fax: 222 9330 I.l—hJi PH LH 7* *>H **9*— max
      44 words
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      873 41 SSAMUDERA SHIPPING LINE LTD 72 hm Road, #04-01 to 03, Sio«opor« 07ff11 MAM UNE/OUTWARD: 532 3411MWARD (MO): 437 3341 IMPORT STATUS (WOh 437 J371 MVINTOtT (WOh 437 J429 Wofcrito http://www.MMa4crfl.coM CR NO. *****A*****8 —6266 (Celio/Jeiska/M«« Chon/Je»tynn/Poro/Honim) 8 SLGS/WEEKLY 3 SIGS/WEIKLY I]?";,,, I VOT I SM MI 1 IYKSa VOT St
      873 words
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      898 41 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO 1 §1 a7s 1 sTs 1 gTs 13g 1 ffig IKB 1 5 BM Iggj IMB IMBI IS§] 1 SS?L —m§"-owos" -^-i2^*WZ5S_ (MttOH —«VA 1 ?f/M <tt/»S M/OS 10/QS M/OS 24,'0S If/05 30/05 02/00 00/0* 11/04 15/04 I r% G VIA SJNGAPOtff
      898 words
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      643 41 i o lltgn ENfiIHSWmNCCOnEIIDI I fcfc SS3M7S (4 licet) taxi SUNM/SltttM I I ataIMWMMIH I rasa VOT SMFU SMFTD MSTMATKM UnSMI? 3/00 73/07 73/07 Strafe* l*VlJo*e 3/00 73/07 74/02 Dura IJaw SM 77 7/00 74/07 74/07 I hqlri/ta* Dweriuegos 4/00 75/07 74/07 Surotoyc UmStoS 3/00 7S/07 76/0? BU* U*»S«*?o 7/00
      643 words
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      509 42 I VESSEL VOY SIN MAA SIN TIGER BRIDGE 776N 25-2002 024)5/03 10-11/03 TIGER METRO 777N 29-01AJ3 06-09AJ3 14-1&03 TIGER ARROW 778N 03-04/03 09-12/03 17 18/03 TIGER RHYTHM 779N 074)8/03 13-16/03 21 22/03 TIGER BRIDGE 780N 10-11/03 16-19/03 24-25/03 TIGER METRO 781N 14-14/03 20-23/03 28-29*03 I VESSEL VOY SIN CAL SIN
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      103 44 ASIAN AEROSPACE 2000 ASIA WEST AFRICA RATE AGREEMENT Notice of Rate Restoration on Ist April 2000 I ASIA TO WEST AFRICA Member Lines of the Asia-Africa Westbound Rate Agreement wish to announce that they will be proceeding with the planned Rate Restoration with effect from Ist April 2000 at the
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