The Business Times, 29 February 2000

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Microfilm: NL21770
Total Pages: 48
1 48 The Business Times
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  • Title Section
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    14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85c SINGAPORE Internal. nttp://business-times.asial .com.sg/ TUESDAY, FEBRUARY 29. 2000
    14 words
  • Article
    Lock icon MARKET SUMMARY
    69 1 SB 2J18J6 (-21.75) CI"-® 1 mm 797.78 (-13.38) nfIOBGIFOmES M ***** (-3.50) ST0C1KAIKET INDICES Monday Change KLSEOOMP 183.77 -18* NIKKEI 1S.7S4.10 -17.78 BANG SENG 16J64.44 -216 54 SET INDEX S88J9 -1M7 JAKARTA COMP _*7U4 +7 38 MANILA OOMP _1,720.66 74.16 TAIPEI WPI dosed SEOUL COMP 81MI -4*78 CLSA
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  • Article
    Lock icon FINANCE
    78 1 ranz BATES uss ss UBS- L789 £(US$/S4 per 1590 1718 EURO(US£/S$/E) 9.969 1.640 DM 2.039 0.838 YEW 109J LM RM 3.800 0.4M HKS 7.781 0520 BAHT 37.79 —0.046 WJPIAH 7.436 0023 St lo 100 unitj PUKE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 19.00 BANGKOK .9.50 MANILA 11.00 HONGKONG
    78 words
  • Article, Illustration
    Lock icon HKT bid: SingTel ropes in China firm, News Corp
    854 1  -  Bat CyberWorks claims it is hours away from a deal By Catherine Ong [SINGAPORE] The battle for control of Cable Wireless (HKT) is hotting up, as it emerges that Singapore Telecom has enlisted the help of a mainland Chinese partner and
    854 words
  • Article
    Lock icon Riau land: a legal move against Salim could hurt foreign investment
    789 1  -  From Shoeb Kagda in Jakarta THE weekend move by Indonesia's Ministry of Forestry and Plantations to initiate prosecution of the Salim group for alleged illegal land appropriation in the Riau province could have serious implications for foreign investors, including
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  • Article, Illustration
    Lock icon Euro hammered to record lows in Asian trading
    555 1  -  It crashes 5% to US$ and <L 5% to yen in lnnchtime rout By Larry Wee THE euro suffered one of the largest one-day falls in its brief history yesterday in Asian trading, accelerated by heavy stop-loss selling in thin Tokyo lunchtime
    Source: Reuters  -  555 words
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      125 1 DBBPB BT Comment Lee Han Shih on why the Redas Web site is a bad idea. Pg 10 Top stories The taxman has finally announced the conditions under which share buybacks can be treated as dividends for tax treatment purposes. Noxt Page Far East Organisation sets up new venture capital
      125 words
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      7 1 Yen's next move is crucial, Pg 6
      7 words
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      136 1 CHis Dor appoints Kissinger as adviser, Pg 16 DANIEL ROTH m m a m MM9 m "Instantaneous Perpetual Calendar. f Created to exacting standards, this exceptional timepieces features a rare HBBBHB complication: the hands jump instantaneously at midnight to indicate the new day and date. Its skeleton dial reveals technical
      136 words
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      25 1 No Sing Tel lawsuit against HSBC, Next Page Lmx \o r r .0 of >> s :rea f or6 f Yo j con 00 *o too
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Enter the dragon—noisily
        103 2 Enter the dragon —noisily IT was a great song-and-dance at the launch of Propertybuyer.com yesterday. There was not only a lion dance but a dragon dance as well featuring a neon-lit dragon in a dimmed hotel ballroom, no less. At the end of the dragon dance, the dancers stopped the
        103 words
      • Article
        Lock icon Sky-dwelling minority
        97 2 THIS might be of interest to trivia pursuit buffs (and perhaps those doing research on the fear of heights). Do you know that there are only 7,000 Singaporeans living in apartments on the 25th floor and higher? They account for a mere 0.2 per cent of flat dwellers
        97 words
      • Article
        Lock icon Sigh! Here we go again...
        113 2 THE millennium bug may strike again today, as some computer systems may have a problem with the leap year. Some experts have warned that computers may fall prey to a "leap bug" the offspring of the Y2K bug, which, despite the dire threats of the
        113 words
    • Article
      Lock icon IRAS move could speed up share buybacks
      734 2  -  It sets conditions under which share buybacks can be treated as dividends By Siow Li Sen [SINGAPORE] In a move that should help accelerate share buyback programmes, the taxman has finally announced the conditions under which share buybacks can be treated as dividends
      734 words
    • Article, Illustration
      Lock icon No SingTel lawsuit against HSBC Holdings
      468 2  -  BTUimiUU'k HSBC In vestment Hawk jeboki reports, says it's still advising HKT By Catherine Ong [SINGAPORE] Singapore Telecommunications has not filed any lawsuit against HSBC Holdings as press reports suggested it would do yesterday, nor has HSBC Investment Bank resigned as independent adviser to
      REUTERS  -  468 words
    • Article
      Lock icon No room for other proposals: Effective Cap
      432 2  -  It expects up to 90% acceptance to its Clob offer From Eddie Toh in Kuala Lumpur EFFECTIVE Capital, which expects up to 90 per cent acceptance to its Clob offer, does not think there is room for other private sector proposals to release
      432 words
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      166 2 *****.05 Date Tuesday, 7 March 2000 <*QST. Syflfo7?^!^j^ t^^f^Kto^ ,^< <gg3 4796>0r <t0 f^^jim»ndrmm^t^p^Mum^Uktym^y^n^42i-924ii42U8244) ARTHUR ANDERSEN SINGAPORE BUDGET 2000 SEMINAR REGISTRATION FORM Please tax this form to 223 4796; or htm! the details below to samtoara9so.artfMjranderMn.com Client Non-Client Company. Tel: Fax: Address: Name of Attendee: Designation: e-mail: Name of Attendee:
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      36 2 Mall Bae SGX should compensate investors, Pg 9 MSCI all set to reinstate Malaysia in indices, Pg 15 Editorial: The Clob 'solution', Pg 14 Hook Look Slew. Clob solution leaves investors with little choice, Pg 4
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      238 3 "CSHS^H cH»k) v 1 m TWF' 'wVbi Issued by Morgan Stanley Co International Limited, regulated by the Securities and Futures Authonty Limited Morgan Stanley Dean Witter is a semce mark of Morgan Stanley Dean Witter 61 Co Your best decisions depend on being aware of all your options no matter
      238 words
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  • SINGAPORE companies
    • Article
      Lock icon Parkway mulling special dividend payout
      418 4  -  Proceeds from sale of Parkway Parade may also go to share boy back By Andrea Tan PARKWAY Holdings may declare a special dividend or buy back its shares after the sale of its flagship building for $480 million. "Some of the money will be used
      418 words
    • Article, Illustration
      Lock icon Raffles Hldgs' profit up 47% to $61m
      513 4  -  Bottom line significantly boosted by a near halving of interest cost to $23J>m By Carol Eng RAFFLES Holdings' net profit last year rose 47 per cent to $60.7 million, due mainly to lower interest expenses. For its recurring operations before interest and depreciation,
      CHRIS LOH  -  513 words
    • Article
      Lock icon Aussino.com initial offer 41 times subscribed
      277 4  -  NEW LISTINGS Some 26,000 applicants applied for 196 m shares By Toh Han Shih THE initial public offer of Aussino.com, a Singapore company selling home furnishing products over the Internet and physical shops, was 40.8 times subscribed, Aussino.com chairman Anthony Lim told BT yesterday.
      277 words
    • Article, Illustration
      Lock icon Links closes below offer price at 27 cents
      219 4  -  By Ven Sreenivasan LINKS Island Holdings made a lacklustre debut yesterday, closing below its offer price as the market largely ignored it following "avoid" calls by analysts. Links, which was 32 times subscribed at the close of its public offer last week,
      Source: Bloomberg  -  219 words
    • Article
      Lock icon Far East group sets up VC company
      296 4  -  BTia^nui'iJ By Ling Su Ann PROPERTY giant Far East Organisation (FEO) has set up a new venture capital company, FEO Ventures, to seek out investments in Internet, e-commerce and other hightech ventures. The venture arm is run by Leong Horn Kee, a Member
      296 words
    • Article
      Lock icon Kyosha Holdings offers 46m shares at 28 cents each
      403 4  -  By Jeanette Pang PRINTED circuit board (PCB) maker Kyosha Holdings (Singapore) yesterday launched its initial public offering of 46 million shares at 28 cents each. The offer, representing 25 per cent of its enlarged share capital, comprises 30 million new shares
      403 words
    • Article
      Lock icon Clob solution leaves investors with little choice
      754 4  -  conrad raj THE 18-month-old impasse over Malaysian Clob shares is finally coming to an end. While the solution may not be to the satisfaction of all, most Clob investors must have felt relief when they got news of the agreement between the Kuala
      754 words
    • Article
      Lock icon SembCorp plans US$800m global buying spree
      316 5 It's looking at shipyards in China and Brazil this year, Europe next year Bloomberg SEMBCORP Industries Ltd, South-east Asia's largest civil engineering and construction company, says it may set aside about US$BOO million (Ssl.4 billion) for international acquisitions to cut costs and increase efficiency.
      Bloomberg  -  316 words
    • Article
      Lock icon Thakral's Wynyard complex in Sydney up for sale
      371 5  -  From Surinder Singh in Sydney THAKRAL Holdings Ltd has put up for sale its Wynyard complex, the single-largest asset in its As6oo million (*****.1 million) portfolio. This was disclosed when the company announced its interim results yesterday. The Wynyard complex, in the
      371 words
    • Article
      Lock icon Thai Danu's road map to profitability
      417 5  -  Fror Harish Mehta in Bangkok DBS Thai Danu Bank said yesterday it is aiming to return to profitability by expanding loans, reducing operating costs, restructuring staff and branch network in Thailand and resolving its non-performing loans. Analysts are forecasting the bank will still post
      417 words
    • Article, Illustration
      Lock icon Star East to buy Planet Hollywood stake
      301 5 Bloomberg [HONGKONG] Star East Holdings Ltd, a Hongkong entertain-ment-complex franchiser, is poised to buy a stake in Planet Hollywood International Inc, the bankrupt movie-themed restaurant chain, a Star East executive said yesterday. The company could make an announcement regarding the stake purchase as
      Bloomberg  -  301 words
    • Article
      Lock icon Dairy Farm earnings drop 56%, hit by HK supermart price war
      653 7  -  S'pore, M'sia are bright spots; poor results seen this year too ■IARDINEI.IJ.III.I^Iirea By Catherine Ong A SUPERMARKET price war in Hongkong and a setback in Australia pushed net profits of Dairy Farm International Holdings down by 56 per cent
      653 words
    • Article, Illustration
      Lock icon Jardine Matheson group gets new MD
      232 7 PERCY Weatherall, the man heading the property arm of Jardine Matheson Group, has been given the top job at the Singapore-listed British conglomerate. In an announcement yesterday, Jardine Matheson Holdings (JMH) said Mr Weatherall, the former group chief executive of Hongkong Land, took over
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    • Article
      Lock icon HK Land doubles net earnings to US$267m
      394 7  -  End to provisions cushions against lower revenue From Quak Hiang Whai in Hongkong HONGKONG Land Holdings, the property arm of Jardine Matheson Group, more than doubled its earnings for 1999, thanks to the absence of provisions against asset value falls. The Singapore-listed company
      394 words
    • Article, Illustration
      Lock icon Gul Tech to pump $6m into global e-strategy
      281 7  -  By Andrea Tan GUL Technologies yesterday said it would invest about $6 million to plug into the Internet to optimise its operations globally. The Sesdaq-listed firm would spend an initial $2 million for its e-business strategy in Singapore. The electronics company would
      ARTHUR LEE  -  281 words
    • Article
      Lock icon Aztech, Somerset start broadband services firm
      275 7  -  Joint venture will target hotels and serviced apartments By Teh Hooi Ling TECHNOLOGY company Aztech Systems, property Firm Somerset Holdings and two other companies are forming a venture to offer broadband network to hotels and serviced apartments in the region. The venture, Net2Room.com, would
      275 words
    • COMPANY Briefs
      • Article
        Lock icon Lian Beng's net gain down 26%
        78 7 CONSTRUCTION firm Lian Beng yesterday reported a 26 per cent drop in net earnings to $4.5 million. Turnover for the six months ended Nov 30 fell 36 per cent to $73 million. The company blamed the lower turnover on the slowdown in the construction
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      • Article
        Lock icon Keppel Corp buys back 715,000 shares
        45 7 Reuters DIVERSIFIED Keppel Corp said it has bought back 715,000 of its own shares at $3.78 to $3.84 each yesterday. Keppel said in a statement the total consideration for the shares acquired in the market was about $2.73 million.
        Reuters  -  45 words
      • Article
        Lock icon TAC sells shares in Wireless Com
        76 7 Reuters SINGAPORE-LISTED Thai mobile phone operator Total Access Communication pic said it sold 28 million shares in Wireless Communication Service (WCS) Company Ltd for 447 million baht (Ss2o million) yesterday. The company said in a statement that it sold the shares to Bangkok Telecom
        Reuters  -  76 words
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      97 5 r. v r I A 'c ;'v-, 1 "V 'V n >-V THE LIMITED EDITION VOLVO S7O COMES WITH HIDDEN EXTRAS. f r h «n W lUMiUUiilil*"^BlTlii§fiilif/fUli mUM J Raise the bonnet and you'll find a new, more powerful 2.4 litre engine coupled to a new 5 speed gearbox. But
      97 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Blue chips lead falls, tech stocks dominate gainers
      595 6  -  STOCKS v.sreenivasan SINGAPORE stocks started the week on a volatile note following last week's sharp pullbacks on Wall Street and a neutral Budget at home. Blue chips led the falls, while the contract manufacturers and tech-sector counters dominated the list of top
      595 words
    • Article, Illustration
      Lock icon Better to buy Uraco stock than dabble in its warrant
      187 6  -  WARRANT WATCH by Ven Sreenivasan THE Uraco Holdings warrant saw relatively heavy trading yesterday with some 4.5 million units changing hands as it gained 1.5 cents to close at 20.5 cents. The underlying stock was the second most active counter
      187 words
    • Article, Illustration
      Lock icon Gul could breach $1.80 in near term
      220 6  -  HOT STOCK by Ven Sreenivasan GUL Technologies, which is listed on Sesdaq, hit a high of $1.89 yesterday before profit-taking pulled it down to $1.72, a net two cents below its closing price on Friday. But the volume at 3.9 million shares was
      220 words
    • Article
      Lock icon Market Notices
      139 6 IPC Corporation has requested a trading suspension from 9am today u pending an announcement KEPPEL Tat Lee Bank has appointed Peter John Manser, 60, as director. Mr Manser is chairman of Robert Fleming Holdings and sits on the board of Jardine Fleming Group. ACER Computer International said the
      139 words
    • Article, Illustration
      Lock icon Yen's next move is crucial, could pile pressure on euro
      503 6  -  CURRENCIES larry wee THE euro's sharp fall to record lows in Asian trading yesterday took centrestage, but what could be more crucial in the days ahead may be the trajectory of the Japanese yen. If the greenback's fortunes continue to
      503 words
    • Article
      Lock icon Untitled
      479 6 Stocks Volums IPCCorpnSc 136,299,000 Uraco HtdgslOc 51,329.000 Inno-Pac20c 25,358,000 GoWtron 20c 20,267,000 Aztech 5c 15,525,000 Links Island 10c 10,167,000 SingTel 15c 9,608,000 BenefunHKIOc 9.536,000 KingboardUSIOc 8,191,000 Vickers Capital 25c 8,096,000 Stocks > IPCCorpn5c 60,027,565 ST Assembly 25c 55,756.312 DBSOrp *****.730 QES Intt Lid 20c 26,314,080 SingTel 15c.™ 26,194,696 SIA 22.777,570
      479 words
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      163 6 0 0 BackOffice StoreFront OMtgn 4 Functional Integration Development Specifications o Payrrw* Start H*ra Vlaton Machantam E-Strataoy Technology Internet Traning Marketing With more than 30 eCommerce projects successfully completed and more than 50 clients in Singapore and Malaysia, you can expect us at Cyber Village to understand the "dot.com" process
      163 words
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      Lock icon Page 6 Advertisements Column 2
      23 6 Access tc IPO placements. Just ore more reason to join DBS investor Online Call i js at 323-3955 to find 8S DBS BANK
      23 words
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      363 7 Bringing you Ceramic GIVI MS VAN m Asia 2000 and Stone ■■■> p jjpJT jwSIBIPP Technology Asia 2000, J mm mm* I o* WQRLDg CERAMICAIW* STONEAfW International Ceramic Products. Ceramic Manufacturing, International Natural Stone Products Natural Stone Processing Materials Exhfcition Processing Machinery Exhibition 50 companies from 12 countries and regions
      363 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon 3i ties up with GIC to launch US$400m Asia-Pacific tech fund
      553 8  -  Investments will cover high-tech industries such as telecoms, IT, e-commerce, life sciences Reports by Jennifer Lien EUROPEAN venture capital firm 3i is teaming up with the Government of Singapore Investment Corp (GIC) to launch a Singapore-based US$4OO million (*****.4
      SIEW YAW HOONG  -  553 words
    • Article
      Lock icon GIC and Draper Fisher to set up Singapore-based venture fund
      438 8 THE Government of Singapore Investment Corp (GIC) is teaming up with top US venture capital firm Draper Fisher Jurvetson to set up a Singapore-based venture fund. In response to queries by BT, GIC Special Investments president Teh Kok Peng confirmed
      438 words
    • Article
      Lock icon Tourist arrivals hit record high in Jan
      328 8  -  Ry Andrey Tan SINGAPORE'S tourist arrivals hit a historical high of 637,619 in January as visitor traffic from Asia surged, figures from the Singapore Tourism Board (STB) showed. The January figure is a 12 per cent jump from a year ago, thanks to
      328 words
    • Article, Illustration
      Lock icon Top AIA man resigns suddenly
      224 8  -  By Ling Su Ann AMERICAN International Assurance's top man in Singapore, senior vice-president and general manager William Beaty, has resigned. His sudden departure he was understood to be on leave last month has raised eyebrows in the industry. The largest life insurer in Singapore confirmed
      224 words
    • Article
      Lock icon External degree courses attract 22,400 students
      242 8  -  By Marissa Chew PRIVATE organisations that offer degree programmes seem to be doing brisk business, going by enrolment figures in 1998. At 22,400, their student population is equivalent to about half that of the two local universities. The majority of the students were enrolled
      242 words
    • Article
      Lock icon Seminar and workshop on risk assessment in March
      284 8  -  Lots to learn from practitioners, academics in 2 days By Audrey Tan LEARN about the latest research tools for financial risk assessment, and discuss your views with practitioners and academics at a two-day seminar and workshop. Organised by BT, the National University
      284 words
    • Article
      Lock icon BBC to move regional HQ from HK to S'pore
      118 8 Reuters [HONGKONG] The British Broadcasting Corporation will move its Asian regional headquarters to Singapore from Hongkong at end-Sep-tember to reduce costs. "This is about rents and this is about cost of living," Asia bureau editor Mark Perrow told government radio yesterday.
      Reuters  -  118 words
    • NEWS Roundup
      • Article
        Lock icon ABB to extend its Ayer Rajah building
        71 9 ELECTRICAL engineering and automation company ABB Singapore said yesterday it is building a 12,000 sq metre extension to its existing building at Ayer Rajah Crescent. The company had made several acquisitions since its formation in 1987 and its operations are now spread over
        71 words
      • Article
        Lock icon Plans for Y2K census
        97 9 AFTER conducting a trial run for the year 2000 census in December and January, the Department of Statistics will be using more computer-assisted telephone interviewing stations in addition to sending out more field workers in the evening to conduct the census. For the first time, the
        97 words
      • Article
        Lock icon Corrections and clarifications
        67 9 IN our Feb 26 story on Philips Electronics Singapore retrenching 500 workers, we incorrectly reported that the group's other businesses in Singapore including the Tuner division, Philips Consumer Communications and Philips Consumer Electronics would continue the realignment exercise. What Philips said in its statement was that these
        67 words
    • Article
      Lock icon SGX should compensate Clob investors the 1.5% fee
      454 9  -  MAiLirrm Denis Distant Singapore via Internet IT is not only unbelievable but also a big let-down that after 18 months of waiting for a fair and early solution, the Singapore Exchange (SGX) has now told the 172,000 Clob investors that they have
      454 words
    • Article
      Lock icon Aztech isn't a debt-ridden firm
      101 9  -  Michael Lee Vice-president Corporate services Aztech Systems Ltd WE refer to your Feb 25 article, "Feeding frenzy seen driving up Internet stocks further", in which you made reference to Aztech Systems Ltd as a debt-ridden company. We take great objection to your statement. Your statement
      101 words
    • Article, Illustration
      Lock icon PM Goh meets Deputy PM of UAE
      380 9  -  They explore ways to further facilitate bilateral trade By Eugene Low in Abu Dhabi PRIME Minister Goh Chok Tong and the United Arab Emirates' Deputy Prime Minister Sheikh Sultan Zayed A 1 Nahyan met yesterday to discuss how both countries can work together
      TAN LAI HOCK/ZAOBAO  -  380 words
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      159 8 I. SIM CONTINUING EDUCATION* I Awarded by Financial Planning Association Commencing June 1,2000 Gain an internationally-recognised financial planning professional designation. /°IM, in conjunction with RMIT University, invites applications for the C_y third intake of the part-time CFP and AFP programmes. The CFP programme consists of six modules covering: Foundations in
      159 words
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      17 8 Classified Want to get a laptop? Or simply get computer tavvy? Check The Straits Times Classified First.
      17 words
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      56 9 You can e-mail us at bttetter9sph.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. |3B| WAREHOUSE/ FACTORY SPACE FOR For details, please call owner I Telephone I Bl
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      415 9 Past performance is not necessarily a guide to future performance. INVESTMENT FUND AWARDS* f SHENTON INCOME FUND US GROWTH FUND: T 1999 Best Bonds/Fixed Income Fund over 3 Years and 5 Years 1999 Highest Absolute Return over 5 Years 1999 Best Global Fixed Income Fund over 3 tears** 1998 Best
      415 words
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  • FOCUS property
    • Article, Illustration
      Lock icon Why a Redas Web site is a bad idea
      819 10  -  j®mrrrrrarw PROPERTY Its listing of properties conld precipitate a price war In a downturn lee han shih SO the Real Estate Developers' Association of Singapore (Redas) is setting up its own Web site to sell properties? Well, it's not going to
      819 words
    • Article
      Lock icon Cairnhill Road site up for sale
      335 10 A PRIME residential development site on Cairnhill Road measuring 19,800 sq ft is up for sale by tender. The site, now occupied by a singlestorey detached house, has been granted outline planning permission for a 30-storey residential development with a gross plot ratio of
      335 words
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      510 10 Get tn theWnlflum ..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 projects
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      144 10 wmmam modshk Modern 3-storey building with excellent corporate image Land Area 63,141 sq.ft. Floor Area 86,737 sq.ft. -mm j JTC Leasehold 30 years w.e.f. April 1996 Ample foqpcnt car park 37 TAMPINES STREET 92 MORTGAGEE SALE BY PRIVATE TREATY Description A 4-storey purpose-built industrial building with a basement level •Land
      144 words
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      166 10 UC BULDna 5 Sbenton Way, 15* Floor Whole floor: Approx. area of B,934sqft j 99 yrs w.e.f. 1969 j Rectangular floor plate Panoramic Seaview Near Tanjong Pagar Raffles Place MRT Stations Investment Sales Division Sole Martating Agent Alex Chong 5318 620 i Sarah Kang 5318 619 kMMSMiM Ng Seng Tat
      166 words
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      78 11 n* 'I I I I fl 111 ill ■111 I I I H Sni" M I M w I I 111 0 ill h 111 H -SI KJA T I V ■||l 51* ilill H 111 Zls*- '^pII^H Hill r""^l H t» HfCi- m^^99HH I I iFii ifl v;i-»qm«. ■■11l
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  • e News
    • Article
      Lock icon Japan weather bureau suffers Leap Day glitch
      181 12 Reuters [TOKYO] Japan, whose high-tech reputation has been marred by a series of embarrassing glitches, yesterday suffered a minor computer problem due to the Feb 29 Leap Day rollover, the last gasp of the Y2K issue. Japan's Meteorological Agency told Reuters that a
      Reuters  -  181 words
    • Article
      Lock icon Intel to expand mobile phone development operations in Japan
      330 12 TOKYO Bloomberg INTEL Corp, the world's largest chipmaker, will expand its mobile phone development operations in Japan in anticipation of growth in the number of people accessing the Internet remotely, rather than from desktop computers. Intel yesterday said it will set
      Bloomberg  -  330 words
    • Article
      Lock icon Yahoo! in talks to invest in News Corp unit
      542 12 NEW YORK It's interested in a minority stake in satellite business Bloomberg, Reuters YAHOO! Inc, the No 1 Internet search service, is in talks to take a minority stake in a compa ny that News Corp is creating to hold its
      Bloomberg,; Reuters  -  542 words
    • Article, Illustration
      Lock icon Internet draws print media talent
      528 12 Seasoned US journalists joining dot-coms in droves NYT [NEW YORK] The Internet, a phenomenon that has filled the pages of newspapers and magazines since 1995, is now emptying a few of their newsroom cubicles. Beautyscene.com, Business.com, Cybergold.com, Drspock.com, Goodhome.com, Ofifice.com, Petopia.com, Rivals.com, VoxCap.com, Women.com. The
      NYT  -  528 words
    • Article
      Lock icon Renong planning to become cyber incubator
      238 12 KUALA LUMPUR Bloomberg RENONG Bhd, Malaysia's biggest construction group and borrower, is seeking to change itself into a technology company, and plans to invest an unspecified amount of money in Internet-related ventures. Renong will become a "cyber incubator" that nurtures technology-related businesses, in the
      Bloomberg  -  238 words
    • e Briefs
      • Article
        Lock icon Japan Telecom,BT in research tie-up
        84 12 Reuters [TOKYO] Japan Telecom Co Ltd and British Telecommunications pic (BT) said yesterday they agreed to cooperate on research and development in third-generation mobile-phone technology and other information technology areas. Japan Telecom, in which BT and AT&T Corp each hold a 14.9 per cent stake,
        Reuters  -  84 words
      • Article
        Lock icon NTT to buy 18.4% Japan Satellite stake
        77 12 Bloomberg [TOKYO] NTT Communications Corp, the international unit of Nippon Telegraph Telephone Corp, said it will buy an 18.4 per cent stake in Japan Satellite Systems Inc (JSAT) for 62.95 billion yen (***** million) in shares and assets. NTT Communications, which in July
        Bloomberg  -  77 words
      • Article
        Lock icon Amazon.com widens Web services
        83 12 Reuters [NEW ORLEANS] Top Web retailer Amazon.com yesterday announced expanded offerings to attract the growing legion of shoppers using cellular telephones and other wireless Internet devices. The company created a new Web portal (http://www.amazon.com/phone/) specially designed for the constraints of wireless devices, which have much smaller
        Reuters  -  83 words
      • Article
        Lock icon i-Cable launches broadband service
        92 12 AFP [HONGKONG] Hongkong-listed i-Cable Communication! Ltd said yesterday it has launched its 'Always On' cable broadband service and new portal site Wonderplace. Its broadband service is now available to 100,000 homes following the launch, the firm said in a statement Stephen Ng, i-Cable chief executive officer,
        AFP  -  92 words
    • Article
      Lock icon CyberWorks, Legend to boost Internet in China
      347 13 HONGKONG Pact gives CyberWorks foothold in China; Legend gets Web content to enhance its PCs Bloomberg LEGEND Holdings Ltd, China's No 1 computer maker, says it will work with Pacific Century CyberWorks Ltd to help Asia's third largest Internet investment company launch its
      Bloomberg  -  347 words
    • Article
      Lock icon Softbank, SmartAge.com in Web joint venture
      245 13 TOKYO Reuters JAPANESE Internet investor Softbank Corp pushed deeper into the budding business-to-business e-commerce market yesterday with the announcement of a new venture with United States-based Smart Age.com for Web business support. Smart Age Japan Corp, to be capitalised at 300 million yen (554.7
      Reuters  -  245 words
    • Article, Illustration
      Lock icon Race to produce palmtop computer with Net link
      420 13 At stake is a share of the huge bnsiness-to-bnsiness e-commerce market Reuters [HANOVER, Germany] Cellphone makers at the CeBIT tech trade fair continued to play up their mass-market appeal, laying out their wares like gems in a trendy jewellers. And handheld computer
      Reuters; AP  -  420 words
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      117 13 Maurice Lacroix. Tomorrow's Classics. JIHr S3 fo f <£> TJM^v\\ IrshV""' l ftjf 1 NEW Masterpiece Flyback m Masterpiece Flyback: Stainless steel, case back secured with 6 screws, scratch-resistant lUI A I ini/*r I A^*DAIV sapphire crystals (see through back), water-resistant to 50m. I InUKIvC LMvl\V/IA Switzerland Exclusively available at:
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Oil, the king of old economy, strikes back
      822 14  -  JEUUHH OPINION leon hadar The writer is BT's Washington correspondent WE are told that this is Information Age an era in which the revolutionary technology of the Internet will help establish the foundations of the new economy, when there will be no
      822 words
    • Article
      Lock icon IN OTHER WORDS
      102 14 The wealth effect, a good and wonderful thing, is driving what appears to be more demand than the American economy should be bearing.' William McDoooogh president of the Federal Reserve Bank of New York, on US consumer demand increasing because of rising wealth. 'It is only when
      102 words
    • Article
      Lock icon The Clob 'solution'
      606 14 EDITORIAL A "COMPREHENSIVE and amicable solution" was how a press statement jointly issued by the Singapore Exchange (SGX) and the Kuala Lumpur Stock Exchange (KLSE) described the arrangements finally agreed to unfreeze the Malaysian shares that had been traded on Singapore's over-the-counter market, the Central Limit Order
      606 words
    • Article, Illustration
      Lock icon Why wage theories fail to live up to real life
      989 14 Economist looks for answers in real world and finds conventional theories wanting The Economist ECONOMISTS dislike talking to people. They prefer a more "scientific" approach to research, such as numbercrunching or abstract theorising. But that can be a weakness, as
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    • Article, Illustration
      Lock icon Dow poses question: Who will own the future?
      779 14  -  COMMENTARY A Dow boll sees new economy belonging to old companies; the Nasdaq trail sees it belonging to upstarts By Paul Krugman The writer is a professor of economics at MIT NYT EARLY in his forthcoming book, "Irrational Exuberance," Robert Shiller who
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  • MARKET moves
    • Article
      Lock icon Market jitters affect index stocks
      162 15 THE weakness of Wall Street last Friday hit sentiment on the KL market yesterday, affecting index stocks which have been enjoying a run-up in recent sessions. United Engineers (M) was down 75 sen, closing at RM9.95 with 4.4 million shares done. Time Engineering, recently the
      162 words
    • Article
      Lock icon Tech stocks fall on Nasdaq worries
      95 15 TECH and tech-related stocks saw another bad day yesterday. The second board index was down 6.1 per cent yesterday, after shedding 4.8 per cent last Friday. The biggest loser of the day was computer services provider CSA, which was down nearly 19 per cent
      95 words
    • Article
      Lock icon Ferry-services provider makes gains
      108 15  -  Compiled by Diana Oon Abdullah NAUTICA Link, a ferry-service provider listed on the second board, topped the gainers list with a RM1.15 rise to RM6.70 yesterday. The little-known counter has been popping up on the top gainers and losers lists over the last week, indicating that
      108 words
    • Article, Illustration
      Lock icon DRB to merge with Gadek, Gadek Capital and Hicom
      553 15 KUALA LUMPUR It will buy remaining shares of the 3 units and combine them in a RM6b merger Bloomberg DIVERSIFIED Resources Bhd, one of Malaysia's biggest auto assemblers, said it will buy the remaining shares in three units and combine them
      Bloomberg; FILE PHOTO  -  553 words
    • Article
      Lock icon Sime sees better operating profit: chief executive
      316 15 KUALA LUMPUR Reuters MALAYSIAN conglomerate Sime Darby Bhd said yesterday it expected to post better operating profits in the full year ending June 30. "We are expecting better operating profit for the full year against the full year of 1998/99," group chief executive
      Reuters  -  316 words
    • Article
      Lock icon Former MP faces charge over report
      100 15 KUALA LUMPUR Bernama FORMER MP Joseph Chong was charged yesterday with abetting investment holding company Westmont Industries in furnishing a misleading report to the Kuala Lumpur Stock Exchange (KLSE). Chong, 48, pleaded not guilty to the charge involving the unaudited preliminary results of Westmont
      Bernama  -  100 words
    • Article
      Lock icon MSCI all set to reinstate Malaysia in indices
      376 15  -  From Eddie Toh in Kuala Lumpur THE influential Morgan Stanley Capital International is all set to reinstate Malaysia in its indices following the latest pact by the exchanges of Malaysia and Singapore to resolve the long-drawn Clob impasse. John Fildes, executive director
      376 words
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      90 15 POWER STRUGGLE AT RAFFLES PUKE. The Alfa 156 or the Alfa 166? Highly desirable, big on performance. A tough decision made easier by one of the most attractive automotive financial deals in town. To clinch this magnificent offer, come on down to our roadshow located outside OUB Centre (Raffles Place
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Manila bourse slides 4% to hit 15-month low
      628 16 MANILA Foreign investors poll oat amid confidence crisis over stock scandal AFP FOREIGN investors unwound Philippine positions "like mad" yesterday sending share prices to a 15-month low amid a confidence crisis spawned by an unresolved stock manipulation case allegedly involving a friend
      AFP; Source: Bloomberg  -  628 words
    • Article, Illustration
      Lock icon New IMF director upbeat on Indonesia
      378 16 JAKARTA Reuters THE IMF's new Asia-Pacific director yesterday gave an upbeat outlook for Indonesia's battered economy, predicting its growth could exceed the government's forecast and saying inflation was well under control. Yusuke Horiguchi, in Jakarta for official talks, told reporters he was confident that
      Reuters  -  378 words
    • Article, Illustration
      Lock icon Gus Dur appoints Kissinger as adviser
      325 16 PEOPLE Ifo'i ala* a beard member ef US firm emiag Inge West Papuan epen-cnt mine AP [JAKARTA] Confronted with massive economic and social problems, Indonesia's reformist president yesterday appointed former US secretary of state Henry Kissinger as a political adviser. Dr Kissinger said he
      AP  -  325 words
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      65 16 A Rrtncli .Showroom 61 Übi Avenue 2. #01-11 Automobile Megamart. Singapore *****8. Tel :84 1 11 83 F«» 841 3181 P.M. Service 27 Leng Kee Road. Singapore *****8. Tel: 473 1 183 Fa»: 473 113 r —7 T mmir jurgWin UWWIIHI I HUMiIiWH p i,pi!WP ww, Beautiful home. Beautiful wife
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  • TRADESPUR
    • DIARY of Events
      • Article
        Lock icon Proposed Fairs/ Missions
        64 17 Month: Mar 2000 IT Mission to Latin America •IT Mission to South Africa •Direct Marketing Mission to Australia •Business Mission to Saudi Arabia and Qatar •International Logistics Hub Promotion Mission to Japan •Market Study Mission to Philippines Interested companies can contact the Board at tel: 337 6628,
        64 words
      • Article
        Lock icon New Seminars/ Courses
        194 17 Commodity Futures Trading Course 6th intake Date: 4 Mar 15 Apr 2000 •Trade Documentation and Procedures (23rd intake) Date: 22 Feb 25 Apr 2000 •International Marketing Series Consumer Marketing in Philippines Date* 2 Mar 2000 Singapore-Sichuan Traditional Chinese Medicine Seminar Date: 3 Mar 2000 •Business Opportunities Conference
        194 words
    • Article, Illustration
      Lock icon An Exhibition City for International Players
      608 17 Singapore is wellplaced to play host to international exhibitions As Singapore settles into the new millennium, the exhibition industry here is experiencing further growth and helping the Republic move closer to its vision of becoming Asia's premier International Exhibition City. Between 1988 and 1997,
      608 words
    • Article, Illustration
      Lock icon The Perfect Platform for Fashion Buyers
      480 17 Asian Fashion Designers to Meet in Singapore Come April 2000, Fashion Connections Singapore (FCS), now in its 13th year, will bring together some of the region's most marketable fashion designers. It offers the astute fashion buyer a uniquely modern Asian perspective on pret-a-porter (ready-to-wear)
      480 words
    • Article, Illustration
      Lock icon Award to Mark Trade Pioneers
      216 17 This years event will also honour pioneers in trade with a special millennium award. DBS and TDB will jointly honour top Singapore-based companies that have made significant contributions to the nation's international trade development over the last 100 years with a special millennium award. The
      216 words
    • Article
      Lock icon Design-driven commerce
      319 17 Design in the age of technology takes centrestage at the International Design rorwn The International Design Forum, a biennial event, is Southeast Asia's largest and most established design event. To be held from Oct 4 Oct 7 this year, the theme of IDF 2000 is D-Commerce: The New
      319 words
    • Article, Illustration
      Lock icon D-COMMERCE the new landscape
      88 17 Consumers want products that exude a certain identity and personality not mere static, computer-generated ones that fail to engage them. This year's theme logo represents the challenges in design today of finding a balance between a new culture of consumerism and aesthetics. Reputed local designer Iskandar
      88 words
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Philippines hires Lehman for US$1.2b bond sale
      401 18 Bloomberg THE Philippines hired Lehman Brothers Holdings Inc to manage its first global bond sale this year to help meet the government's budget shortfall and provide funds for the country's dominant power producer. The government hopes to sell as much as US$l.2 billion
      Bloomberg; FILE PHOTO  -  401 words
    • Article
      Lock icon Thailand faces decision on financing of bank bailout
      557 18 BANGKOK Central bank could help by using its reserves to write off 1.4t baht losses Reuters THE Thai government and the Bank of Thailand (BOT) are to decide how to finance massive losses carried by the authorities after failed attempts to rescue
      Reuters  -  557 words
    • NOTE Book
      • Article
        Lock icon Wiranto allies dropped from army posts
        82 18 Reuters [JAKARTA] Indonesia's military yesterday replaced two allies of dumped General Wiranto with reformist officers in top army posts, bolstering President Abdurrahman Wahid's efforts to take the military out erf politics. The military said it will appoint outspoken Maj-Gen Agus Wirahadikusumah to head the
        Reuters  -  82 words
      • Article
        Lock icon Prosecutors undecided on Suharto exam
        75 18 AP [JAKARTA] State prosecutors appeared to back down yesterday from earlier demands that ex-president Suharto be examined by independent doctors to determine whether he is healthy enough to face questioning over corruption charges. A spokesman for the attorney-general said prosecutors are studying a report on
        AP  -  75 words
      • Article
        Lock icon Thai budget deficit widens 38%
        71 18 Bloomberg [BANGKOK] Thailand's budget deficit widened 38 per cent on year in the October-to-January period as the government spent more to maintain economic growth and tax revenue was little changed. The deficit for the first four months of the budget period was 64.8 billion baht
        Bloomberg  -  71 words
      • Article
        Lock icon Thai ad spending up 9%
        67 18 Reuters [BANGKOK] A surge in Thai advertising expenditure since the second half of last year reflects a return of confidence in the recovering economy, analysts said yesterday. The Advertising Association ofTTiailand said in a report that producers' spending on advertising last year rose 9 per
        Reuters  -  67 words
      • Article, Illustration
        Lock icon Ex-Caltex exec named Pertamina chief
        65 18 Reuters [JAKARTA] Indonesian President Abdurrahman Wahid has appointed former Caltex Pacific Indonesia head Baihaki Hakim as the new chief of state oil and gas giant Pertamina, a palace source said yesterday. "The president has signed a decree and named Baihaki Hakim as Pertamina's new Dresident
        Reuters  -  65 words
      • Article
        Lock icon Jakarta may sell 9% of Telkom
        65 18 Reuters [JAKARTA] Indonesia said yesterday it hopes to raise 6.5 trillion rupiah (Ssl.s billion) from selling stakes in eight state companies in the truncated April-December fiscal year. An official state enterprises ministry official said the government may also sell 8.8 per cent of telecommunications
        Reuters  -  65 words
  • Page 18 Advertisements
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      256 18 Towards visions of development. In pursuit of excellence Property 14 COUNTRIES 2000 35,000 PEOPLE E 10,000 XHIBITION SQ METERS Pronortv 2000: Itinerary I SHOW, SELL, MEET, LEARN rand °P en,n 9 QANADA, CHINR, F RfINCE H ONG KONG, |NDIR, INDONESIA, MRLRVSIR, MEW ZEALAND, PHILIPPINES, 2"-5* September2ooo :EMhfcttJon Showcase Singapore, Thailand,
      256 words
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      Lock icon Page 18 Advertisements Column 2
      196 18 I JKk I >ÜB\ I JllNgNy I B-M x. x. I tfS i 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 maritime event. Editorial content will also be
      196 words
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  • EAST asia
    • Article, Illustration
      Lock icon HSBC profit jumps 25% to US$5.4b
      495 19  -  Lower provisions cited; it plans to spend USs2J>b on technology this year Prom Quak Hiang Whai in Hongkong WITH less provisions set aside for bad loans, HSBC Holdings pic, the largest bank in Europe, put in its best ever performance last year when it
      AP  -  495 words
    • Article
      Lock icon Tomcom's HK IPO 669 times subscribed
      244 19 HONGKONG Reuters INTERNET portal Tom.com, which was widely expected to set a new record in initial public offerings, yesterday said its Hongkong portion of the IPO was 669 times subscribed, well under expectation. Analysts had predicted the Hongkong retail offering portion of the 428
      Reuters  -  244 words
    • Article
      Lock icon China seen growing faster in 2000
      262 19 BEIJING Bat more state spending required to underpin growth Reuters CHINA'S economic growth this year will be "better and faster" than the 1999 rate of 7.1 per cent, but will require continued government spending, the State Statistical Bureau said yesterday. More state spending was
      Reuters  -  262 words
    • Article
      Lock icon Asia not ready for Nasdaq-style boards
      185 19 HONGKONG Tighter regulations needed in Asia, says SFC head FT HONGKONG'S top stockmarket regulator said that Nasdaq-style second boards for technology companies in Hongkong and elsewhere in the region needed tighter regulations than in the US because the tradition of shareholder lawsuits was not
      FT  -  185 words
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      Lock icon Page 19 Advertisements Column 1
      40 19 v". |ji y* or I Re ty Servi you TNT can help you to keep the wheels of business turning. For more information, call us. Or visit www.tnt.coin. TNT International Mail, 29 Tampines Straat 92 Singapore *****9 Tal: 1800-789 2337
      40 words
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  • SOUTH asia
    • Article, Illustration
      Lock icon Strike against layoffs closes parts of Karachi
      195 20 Reuters [KARACHI] Parts of Pakistan's commercial hub of Karachi were shut down by a protest strike yesterday, the first since October's military coup, and police said at least eight vehicles were torched overnight. "No incident of violence has been reported in the morning
      Reuters; AP  -  195 words
    • Article
      Lock icon Indian economy won't achieve growth target
      525 20  -  Tliis is despite improved industrial production and consumption Front Rajendra Bajpai in New Delhi THE Indian economy will not grow as fast as projected by the government despite improved industrial production and consumption, and stable foreign exchange rates and reserves. According to the government's
      525 words
    • Article
      Lock icon India's Tata Tea buys UK firm Tetley for £271m
      473 20 BOMBAY Deal is the largest overseas acquisition by Indian company Reuter AP, AFP SHARES of the world's largest integrated tea company, India's Tata Tea Ltd, surged 8 per cent in trade yesterday after it concluded the acquisition of privately-owned British firm
      Reuter; AP,; AFP  -  473 words
    • Article
      Lock icon Sri Lanka Telecom IPO manager named
      168 20 COLOMBO Reuters SRI Lanka said yesterday that the consortium of HSBC Investment Bank pic and Merchant Bank of Sri Lanka had been appointed lead manager for the initial public offering of Sri Lanka Telecom (SLT). "The government envisages an IPO of SLT on the
      Reuters  -  168 words
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      90 20 DIAMOND INDUSTRIES JL/ IMPORTER. OF FINE BELGIUM DIAMONDS U linn Hoge Raad Voor Diamant certification under the supervision of the In U Antwerp, Belgium University Of Antwerp Ai A Gem Trade Laboratory. Inc a wholly owned subsidiary of the Gemological UNA New York, USA Institute of America ■fN International Gemmological
      90 words
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  • Page 21 Advertisements
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      136 21 I January 28, 2000 I US $410,550,000 I STA?S I s i Assemy^^fest I Services Ltd I I Initial Public Offering om I 195,500,000 Ordinary Sliares I directly or in the form ol I American Depositary Shves I 553.554 per Ordinary S^are I US$2l.OO per ADS I I Sole Bookrunner
      136 words
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  • WORLD news
    • WORLD Watch
      • Article
        Lock icon US consumer spending up in Jan
        73 22 Bloomberg [WASHINGTON] US consumer spending and household income rose in January, a month in which the largest share ever of the population held jobs. Spending increased 0.5 per cent in January after rising a revised 1.1 per cent during December, previously reported as a
        Bloomberg  -  73 words
      • Article
        Lock icon EU names IMF candidate
        48 22 AFP [BRUSSELS] Finance ministers from the 15 countries of the EU yesterday named German Secretary of State for Finance, Caio Koch-Weser, as the EU candidate to succeed Frenchman Michel Camdessus as managing director of the IMF, the Portuguese presidency of the meeting said. AFP
        AFP  -  48 words
      • Article
        Lock icon Deutsche Boerse to sell shares?
        112 22 Bloomberg [FRANKFURT] Deutsche Boerse AG, the company that manages the Frankfurt stock exchange, said its supervisory board backed a plan to sell a stake to the public and raise money as competition among European bourses intensifies. Deutsche Boerse said its board will vote on the
        Bloomberg  -  112 words
    • Article, Illustration
      Lock icon John Reed retires as Citigroup co-chairman
      465 22 NEW YORK This leaves Sanford Weill at the helm of the biggest US financial services firm Bloomberg, Reuters CITIGROUP Inc yesterday said John S Reed, 61, would retire as co-chair-man and co-chief executive, leaving Sanford Weill, 66, atop the biggest US financial services company.
      Bloomberg,; Reuters  -  465 words
    • Article, Illustration
      Lock icon DaimlerChrysler plans Asian purchase this year
      419 22 STUTTGART Reuters REPORTING a 32 per cent rise in fourth quarter profits, DaimlerChrysler AG yesterday said it could make a full or partial acquisition this year as part of its drive to broaden its Asian operations and small car range. "I could imagine that
      Reuters; AP  -  419 words
    • Article
      Lock icon Big boost in staff recruitment by US firms expected in Q2
      537 22 WASHINGTON The nnmber that will be hired will be the largest in any quarter in over 21 years survey Bloomberg, AFX Asia US Firms plan to hire more people in the second quarter than any other quarter in more
      Bloomberg,; AFX – Asia  -  537 words
    • Article
      Lock icon Regulator vows more reforms
      272 22 TOKYO Reuters JAPAN'S new financial reform overlord, Sadakazu Tanigaki, vowed yesterday to push ahead with deregulation and even said he might open the tightly defended banking sector to ambitious and innovative financial outsiders. Mr Tanigaki, who replaced Michio Ochi last Friday as the head of the
      Reuters  -  272 words
    • Article
      Lock icon New Dow stocks lag rather than lead, except Intel
      823 23 NEW YORK Microsoft, SBC Comm make poor showing since joining the index last Nov Reuters THEY were supposed to be Wall Street's equivalent of teens in puberty, admitted to the Dow Jones Industrial Average to make the geriatric stock index more
      Reuters  -  823 words
    • Article
      Lock icon How to compete for cyberspace stardust
      503 23 Create, invest in or join with a Net partner, or go for takeovers or mergers Reuters HOW do you keep investors from running out on your "old economy" firm to invest in the heavily hyped world of Internet stocks? That's the question chief executives
      Reuters  -  503 words
    • Article
      Lock icon Britain's PowerGen to acquire Kentucky utility for US$5.4b
      367 23 LONDON It's paying 58% premium for foothold in US market Bloomberg POWERGEN pic, Britain's third-biggest power generator, will buy LG&E Energy, Kentucky's biggest utility, for about US$5.4 billion (559.2 billion) in cash and assumed debt to establish a foothold in the US.
      Bloomberg  -  367 words
    • Article, Illustration
      Lock icon BHP chief's latest move runs into flak
      1050 24  -  Plan to spin off As3b steel business gets thumbs down; shares dive 3^% From Brian Gomez in Sydney PAUL Anderson's honeymoon at the helm of BHP may well be over just one year after the US-born chief executive engineered a turnaround for the
      1,050 words
    • Article
      Lock icon Applications for patent protection hit new high
      308 24 GENEVA Last year saw 10% rise in applications to 74,023 FT APPLICATIONS to the World Intellectual Property Organisation (Wipo) for international patent protection surged by more than 10 per cent last year to a record 74,023 the equivalent of some 5.8 million national
      FT  -  308 words
    • Article
      Lock icon P&D's Tony Dye to quit?
      122 24 LONDON FT TONY Dye, the bearish chief investment officer of fund manager Phillips Drew (P&D), plans to quit this week after five years in which his organisation's funds have underperformed. His departure could speed a shake-up of fund management operations at ÜBS, the Swiss banking
      FT  -  122 words
  • Page 22 Advertisements
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      141 22 j3ioiiD vHCOSC Gerard Poulard, cheese is more b* m** ft than just solidified f m\ milk. Instead of telling you about its health properties, this French monsieur will disarm you with information on the climate, p W1 V JHr the soils, the flavours and odours m m A of the
      141 words
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      Lock icon Page 22 Advertisements Column 2
      104 22 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas »S—o» Full nomuiee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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      Lock icon Page 22 Advertisements Column 3
      48 22 Factory Warehouse At Sims Drive, LHK Building For Sale c ose to he cte Walking to MKT station For details please contact Sole Marketing Agent s Kris Lee 9616-4750 Visit our sale office: s Simon Neo 9687-4006 701 Sims Drive t Ljr!US Doris Tan 9684-0247 LHK Building #07-01
      48 words
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  • Page 23 Advertisements
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      568 23 f > I Buy US$? I I Hold Sell I I Now it's easier to I I make the call. I eFrom 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
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  • Page 24 Advertisements
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      2482 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 FRUIT CREATIONS PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING Notice is hereby given pursuant to Section 306(1) of the Companies Act, Cap. 50 that a Final Meeting of Members of the above-named Company wi be held at Blk
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      Lock icon Page 24 Advertisements Column 2
      423 24 M THE MATTBt OF THE COMPAMES ACT, (OMPTER SO) PURSUANT TO SECTION 2M(INb) Al a General Meekng of UNX OtVESTMENT PTE LTD <k*y convened and held M 5-1 Nte-Aoyama 2-chome. MtoakHw. Tokyo 107-0077, Japan on 24 Feb 2000 M 10am toe totowing teaoUtona eat out beta* wan (My pmula) That
      423 words
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  • FINANCE & commodities
    • Article
      Lock icon Futures slip under heavy pressure
      247 25  -  SGX Derivatives Tradlngfieporte MSfll fiiwgnpnmft 1nitor Daphne Tay, Jardine Fleming THE Straits Times Index closed at the day's low of 2,118.65, down 21.75 points. The MSCI Singapore Free Index closed at 275.62, down 2.95 points or 1.06 per cent. Futures was heavUy pressured and saw
      247 words
    • Article
      Lock icon Crude oil prices fall 1%
      291 25 ENERGY REPORT Bloomberg [LONDON] Crude oil fell one per cent after Saudi Arabia, the world's biggest oil producer, indicated it may give in to pressure from oil consumers to raise output, curbing prices and reducing the threat of rising inflation. After a meeting with US
      Bloomberg  -  291 words
    • Article
      Lock icon Japan loses Saudi drilling concession
      242 25 Reuters [TOKYO] Resource-poor Japan yesterday lost its rights to produce oil in Saudi Arabia, surrendering a 40-year old drilling concession in a blow to the country's hopes for a more self-sufficient oil industry. Japan's Arabian Oil Co Ltd (AOC) said it failed to renew its
      Reuters  -  242 words
    • Article
      Lock icon CURRENCY REPORT
      334 25 Bloomberg London The US dollar yesterday gained some ground against the euro. Europe's single currency was at 96.90 US cents, after earlier falling to a record 93.90 US cents, leaving it little changed from 97.37 on late Friday. It rebounded to 105.62 yen, after earlier sliding to 102.34
      Bloomberg  -  334 words
    • Article, Illustration
      Lock icon Untitled
      1217 25 IWTERBAlfE CROSS RATES Feb 28 AS CSHwbtfp FTr Pw HK$ Ind»» KupiaH Yen Wow t* WZS h* t» Pm S$Kwi Str HT$ Bafct Pomt US$ Australia 0.892 6.178 0.641 4.205 1254 4.785 26.817 45.714 0.671 6.974 2236 1267 ***** 25.172 1051 3.886 1.029 18.916 23.232 0.387 0.615 Canada 1.121 5.721
      1,217 words
    • Article
      Lock icon Untitled
      1816 25 8ICOM FUTURES Feb 28 RU86ER (futures ctostaq <s «t 5J0pn) RSS1 CONTRACTS cmts/kq) CtoM VotaM Opm Mowtt Mpfc Low Sott (taoon) lotorort Mar 00 122J0 Apr 00 123.00 123.00 125.00 100 200 May 00 125.00 125.00 126.00 100 600 Jon 00 127.50 127JO 129.00 100 RSS 3 CONTRACT (UScantt/lq) VoIlM
      1,816 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Wall St blues send Hang Seng tumbling
      2736 26 HONGKONG AFP Bus Sen; -21*54 HONGKONG share prices fell 1.3 per cent yesterday on selling in interest rate sensitive stocks following sharp falls on Wall Street on Friday, dealers said. "The market fell on fu-tures-related selling of inter-est-rate sensitive stocks", following sharp losses
      AFP  -  2,736 words
    • Article, Illustration
      Lock icon CHINA
      923 26 AFP HShenzhen Blndex +L4O SHENZHEN'S A and B shares closed sharply higher yesterday as local investors bought on expectations that the government will unveil new policies to boost the market, brokers said. The hard currency B Share Index rose 1.40 points, or 1.66 per cent, to 85.88 as turnover
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  923 words
    • Article
      Lock icon Dow Jones fall depresses Nikkei
      1927 26 TOKYO AFP QffikkoiZß -17.78 TOKYO share prices closed 0.5 per cent lower yesterday amid worries about Wall Street's direction after blue-chip US share prices plunged at the end of last week, brokers said. The key Nikkei 225 Index fell 97.78 points to 19,720.10 on the
      AFP  -  1,927 words
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  • STOCKS klse
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      Lock icon Falls in HK, NY drag down KLCI
      442 27 AFP. AFX-Asia |y Composite Index -1&85 MALAYSIAN shares closed 1.9 per cent lower yesterday following a fall in Hongkong and sharp losses on Friday in New York, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 18.85 points at 983.77. Volume
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      Lock icon Untitled
      8818 27 INDUSTRIALS Consumer products 2000 Last Vol Day Nat Cap High Low Company Sala 'OOO High Low P/E Smtl 420 310 A|ioomoto 384 24.4 155.6 158 91 Angkasa 124 6 827 131 121 182.8 452 290 Apollo Food Hlg 420 -2 44 422 410 10.0 168.0 2975 2700 BAT50C 2825 unch
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  • SGX clob & regional stocks
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      Lock icon Untitled
      3449 28 BONDS A WARRANTS Feb 28 rn VnMi htm/ Uttry U-«M* Lot VI Oar IHH kw% <t—4 Urn Urn OUt HUH <*+ L»» stM Cw»n Mi *«r- (000) M# Lot »w I* Ma MtlMk Frtca (%l tumtf UN '04 OS 3160 ~*Acar W*****1US$ U S t 311 443 44 44 44.5
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      Lock icon BANGKOK
      788 28 AFP □set Index -1&27 THAI shares closed sharply lower yesterday, shedding 4.5 per cent in the wake of falls on Wall Street and concerns over a possible rise in US interest rates, dealers said. The Stock Exchange of Thailand (SET) Index was down 18.27 points at 388.39, while the
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      Lock icon MANILA
      291 28 AFP Q Composite Index -74.16 THE Philippine Stock Exchange Composite Index fell 74.16 points to 1,720.65. The last time the market hit this level was on Nov 13, 1998, when it settled at 1,711.98. A total of 5.66 billion shares worth 1.38 billion pesos changed hands yesterday.— AFP F#»2«
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      Lock icon JAKARTA
      707 28 AFP Composite Index *7.98 INDONESIAN share prices closed 1.4 per cent higher yesterday on a technical rebound in big cap stocks after sharp falls in recent trade, dealers said. The Jakarta Stock Exchange Composite Index closed up 7.98 points at 576.54, on 439.4 million shares valued at 653.40 billion
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      Lock icon WELLINGTON
      286 28 AFP QHBE-M -33J« THE New Zealand share market closed 1.63 per cent lower yesterday after falls on Wall Street and thin trading on the Australian share market, brokers said. The NZSE-40 Capital Index fell 33.16 points to 2,005.29 on a turnover of NZ553.12 million worth of shares. —AFP r«*2»
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      Lock icon SYDNEY
      580 28 AFP CI AH Primaries -5.7 THE Australian share market again shrugged off bad news from Wall Street's performance on Friday to close just 0.2 per cent weaker yesterday, brokers said. The All Ordinaries Index closed 5.7 points down at 3,118.0 points. The All Industrials rose 12.4 points to 5,545.8,
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      Lock icon SEOUL
      301 28 AFP QCompoate Index -45.75 THE Korea Stock Exchange Composite Index lost 45.75 points to close at 819.01. Volume was 251 million shares worth 2.9 trillion won. —AFP f«* 21 We* A nam Semi ***** I >00 B'«mT»ch IT43 195 Central Bjnk 2625 -125 CrwilComm *****0 500 DmOUM 2380 -lOO
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  • Article
    Lock icon STOCKS sgx
    9077 29 SGX MADTBOARD Transaction date: Feb 28 Gr Gr M Ht 52-Wk LMt VM (toy LM« Ouott Mv Otv YW Net C«p A*a High Law St No Company StK <'000) High Lew Buyer Seller C*w P/E $m4l Price MULTHNDUSTVY 182 69 m c 1000 Acma 50c 142 -2 1315
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  • KNOWLEDGE economy
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      Lock icon So fast... it's only a blur
      1163 30  -  Give up the idea of stable equilibrium in the New Economy, advise the authors of a recent book, anna teo reports ANNA TEO TO paraphrase one theme in Singapore's Budget statement last Friday, it won't be business as usual in the New Economy, where
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      124 30 m m a HH' The Institute for Foreign Trade lIKm I II BE (1.C.e.) and Italian Association I I I of Glassprocessing machinery bR and Accessory Suppliers Es|| I (GimflU) welcome visitors to the AT GLftSSTECH Kl I BLU Italian pavilion. Asia 2000 —K i i present at the pavmon
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      430 31 j Where to wine, dine and @>ffisS£r -Offering the lowest interest rate in town 4545 Enjoy our ever-popular Japanese favourites for luncn and in tne evening, tuck in to a wide of Japanese, Asian and Western dishes like Sashimi, Drunken Chicken and Roast Sirloin Beef. Japanese Buffet Lunch fl4 Feb
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      44 31 ■■■■HnWOHHHUHi Cof lerhouie i.I (i... I Savour local fare ind our award-winning Chatterbox Chicken Rice We arc open 24 hours daily in case rou have not eaten yet. Enquiries: 831 6291 .Kx/wli/x*jy[j Singapore 11 Orchard Road. 21Mb? W 7)7 4411 Fax 712 2 J6l
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  • Page 31 Miscellaneous
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      1171 31 TVCT7STS CRYPTIC CROSSWORD *w tWfil" rw* M -n NI IMn JniLß! L 3 Central Movie: Double Suspi- 3.00 The Officials' True Col- Sport scity M —Jggt BE i frirc; P" 8.00 AM Kids Central: TV cion. ours. 5.00 PM Basketball: NBA H a---, vimsrt Mf Innovations. 4.00 Planet Ex. 330
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      488 32 -jffj& g Hi f JwQjr -.v m|2 k jnClv ft} V jfrW J' 1 A Richard Branson. Founder of the Virgin Empire Would you have invested in him before his business took off? Who would've thought that a lone entrepreneur would build a worldwide the United European Small Cap Fund
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  • SHIPPING TIMES
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      Lock icon MARITIME STOCKS
      263 33 MX *0 n>» m *t- "i CWT OhtrlOutlor L12 -0.03 >7 Cftuan Hup 0-41 -0.01 7751 Coaco tavostmant—1.07 uncft 85 FrtWtt Links 0.32 -0.01 2131 e«X«dta«t 0.76 -a 02 n Hat Sun Hup 0.72 -0.02 140 IMC HoWlftQ*-HK —iM uncft 0 Jaya HoMlngs 0.22 -0.01 1345 Kapppl Corp
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      Lock icon US, China to hold talks on port access this week
      322 33 Washington wants Bering to curb its authority to regulate commercial shipping Reuters [WASHINGTON] US Maritime Administrator Clyde Hart will return to China this week to begin negotiations on improving access to China's ports, US Transportation Secretary Rodney Slater said. Mr
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    • Article
      Lock icon Chittagong port blockade lifted
      186 33 Reuters [CHITTAGONG, Bangladesh] Cargo handling resumed at Bangladesh's main Chittagong port after truckers halted a 36-hour blockade over a transportation dispute, port officials said. "The problem has been solved after the truckers' association agreed to share carrying of cargo with the shippers' own transport," Chittagong city
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    • INDIAN train transport
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        Lock icon April rise for freight rates
        792 34 But state-owned Indian Railways will leave politically sensitive prices of passenger tickets unchanged Bloomberg [NEW DELHI] INDIA has increased most rail freight rates to offset higher operating costs while leaving the price of politically sensitive passenger tickets unchanged. Indian companies will pay 5 per cent
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      159 34 PAGE 0'Ocean S ACL 6 DSR-Senator 4 AMI 3 De,m 4 Accord 8 s MtfStao 5 ECULi 6 Evergreen 6 FoongSun 8 B'tang Mas 8 4 CCW 7 Gemartrans 6 CM* 8 H4nQli 7 Columbus 8 Hanjin 3 COSCO 5 Heung-A 4 CSAV 3 Hyundai 7 Central
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      Lock icon SHIPPING GUIDE
      11689 41 THEBUSINESSTIMES EXPORT ETA ETA Advartlsar V assal Voyaga Talaphona ETA ETA Advartlsar Vnul Voyaga Talaphona SIN D«t n Nam* Nam Numtwr Number SIN Dast"n Nam Nama N—tf Numbar mttmmmmmmrnmmmmmmmmmmmmmtmtmtmmmmmmmmmmm mHmmmmmummmmmmmmmmmmmmmmmmmmmmmmmHmatemm To BUENAVENTURA <BUN) 2059 Colombo To ABIDJAN (ABJ) 2003 Coto D'l voire mni q/ M tmm lyres innovator
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        615 43 Vassal Voy No Sarth Arrival Dtparture BtFtrMi ***** J —5 28/02/8:25 2W02/2000 6* 217 6ISA JI7 28/02/7 JO 28/02/23:59 lUrcopoto 22 Pn»169 JT7 28/02/6J5 29/02/800 E Link 4 10 J04 28/02/8:40 29/02/900 Bt Ltip Y1 1 J02 28/02/1000 28/02/23:45 Trg0c*l32 02/00 JM 28/02/1035 29/02/800 Pnclow Ot 500 J13
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        Lock icon CONTAINER SCHEDULES
        1665 43 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Manco Rstls Ship Voy Mo Etb/Btr Ptrkxl From To From na M«iscus 034* 29/12*0 u *«/>*» 2t/rK0 jj K K 385 a amoo a/0459 a/woo r as asr sag »H5-—5*- i jft" a 20/1700 »/o»» 2t a/1700 M«H J 29/0700
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        Lock icon GLOBAL HOLIDAYS
        205 43 Marl Korea: Independence Movement Day. Karl! 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). MarlS Taiwan: Market Holiday for Presidential Election. Mar 20 Japan: Vernal Equinox Day. Apr 3
        205 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        678 43 THIS report, compiled by Cockett M* rine Oil Ltd, shows price ranges in US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
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        Lock icon VERITAS BUNKER QUALITY REPORT
        282 43 cjrt*. W0M«I 1122 0.1 w 0.0. 66 0.05 U. .KpiMt CH 1 0 8 FW24 PMrttT Wt» t«l6w Art Ml*" S—W< SoaT Wi u *3 0.07 43 0.03 380 Ma Ml M 0.14 M 0.06 »"W =22- B, owM5 M 5 55T gg s s s
        282 words
    • AIR & LAND transport
      • Article
        Lock icon Manila seeks to resume aviation talks with Taipei
        342 44 Philippines proposes meeting tomorrow to settle renewed dispute AFP [MANILA] The Philippines yesterday urged Taiwan to return to the negotiating table to settle a renewed aviation dispute. "We hope that the Taiwanese side would accept the proposal of MECO for the resumption
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        Lock icon Taiwan hopes to reopen air routes to South Korea
        151 44 AFP [SEOUL] Taiwan hopes to resume aviation talks aimed at reopening suspended air routes between Seoul and Taipei, its envoy said. "If we can reach an understanding within a few days or a few weeks, we can proceed to the table
        AFP  -  151 words
      • Article
        Lock icon Bangkok to sell 400m shares of Thai Airways this year
        228 44 AP [BANGKOK] Four hundred million shares of Thai Airways International PCL will be sold this year, Deputy Premier Supachai Panitchpakdi said yesterday. The move will cut the Thai government's stake in the national carrier to around 70 per cent from
        AP  -  228 words
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        Lock icon SIA opens third aircraft engine testing facility
        218 44 AFP [SINGAPORE] Singapore Airlines Ltd (SIA) commissioned yesterday its third aircraft engine test facility, reputedly Asia's largest, officials said. Built by the airline's whol-ly-owned subsidiary SIA Engineering Co, the latest facility costing $35 million comprises leading technology from Japan and the United States.
        AFP  -  218 words
      • Article, Illustration
        Lock icon FedEx's home delivery move not a threat: UPS
        281 44 Bloomberg [LOS ANGELES] United Parcel Service Inc, the world's largest package-delivery company, does not view rival FedEx Corp's expansion into home delivery as a threat, said James Kelly, UPS chairman and chief executive. Last month, FedEx said it will spend US$l5O million
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        Lock icon KLM has to slash costs by 800m guilders to be profitable: paper
        355 44 Reuters [AMSTERDAM] KLM Royal Dutch Airlines is obliged to reduce costs by at least 800 million guilders (5J612.8 million) in order to be profitable in the financial year 2000/2001, a Dutch paper said. KLM staff has been told
        Reuters; FILE PHOTO  -  355 words
      • Article
        Lock icon Korean Air to cut down number of executives by 28%
        227 44 Some will be transferred to affiliates Bloomberg [SEOUL] Korean Air Co said it will reduce the number of executives at South Korea's largest carrier by as much as 28 per cent by transferring some of them to affiliates. The company
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      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1522 44 CfTT FU6MT ETA RIGHT ETD SHOW 235t MaMOa M7301 H30 M7302 2050 SOW* B40 $0990 0125 0T81 1930 0F82 2050 Qaaa»<W $0003 1910 C2354 0910 **6229 2230 COS 2045 S00M W5 H2 IM VM74I 00 W740 MM $0229 2230 ¥*$0743 1925 fawUNw KL0M3 0525 6*974 0120
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      93 33 The daily freight market report has beat dropped doe to pressure on space x/x M m m II» HELP OK TIE RICH SEAST When your ship breaks down on the high seas, you can't simply call your local A.A. You need a specialist for ships. At National Express Forwarders, we
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      49 33 All FREXSHT FOCUS With the Asian crisis subsiding the global air M freight industry is cautiously optimistic, but ft is it out of the woods yet? Read how the ff -y industry is faring in a special four-page supplement in today's Shipping Times. Air Land Transport news, Page 12
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      518 33 PEOPLE United Airlines has appointed Jim Lloyd's List Events is holding its annual Brennan as vjce-pres.den of Pacific South, conference on marine claims> succeeding Don Curran. Mr Brennan will Pursu Claims: oversee Un.ted's offices and operation in Your Com^te Gukkf from to Australia, China Hongkong, India Thailand jn Lon(Jon To
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      768 34 NORTH AMERICA QULFfINDIA SUB-CONTINENT mm niiirrnrinfmrittwim |oulf kahachi ixpww (owo I' "1 pkiang y»ssa vor |m> pan an ju c iPtuNQ si OOaWWTOM 01WS05 09/07 M/ 01 M/ 02 PtO NOUOYD lAJKMAAJOAS 041 11/01 10/01 M/ 01 M/ 01 M/ 01 M/ 01 03/03 04/OJ OOQ JAPAN MWSO4 14/01 OS/03
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      694 34 Lines services represented by Members of (he Registry of Members of the Accredited Shipping Agents, Singapore Logistics Association S'pore National Slipping Assoc ULY UNE MALE IVISSII VOY HA ritt pS P. KLAMG SPOKE MALI Princess Lily VO2OO 12/03 13/03 21/03 Empress Lily VO3OO 28/03 29/03 06/04 Princess Lily VO3OO 14/04
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      1087 35 SAX SERVICE (MRECT) I Ivissa vor swra iax ow o* hou 01 ax mbi <n wrc /tfITOIMMAUt va 23/02 00/03 14/03 14/03 14/03 14/03 14/03 14/03 15/03 15/03 rn.HU. om 01/03 16/03 21/03 21/03 21/03 21/03 21/03 21/03 22/03 22/03 AftGARtNT 01* 00/03 23/03 PIT 23/03 23/03 23/03 23/03 23/03
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      1604 35 (3) HANJIN SHIPPING iikP I 60 IMsMytlj* -Me *****30 HAMJW SHIPPING (S) rn ITP K» t- MOCK *****35 737 SAIB *****74 731 DOCUMBfI *****71 774 OfmnOWS ********** mi» UW *****5S HU 727W0 CI HO 11 S3W*****M TO NW USA A CANADA USA CANADA* FWVSI/YOY MM SM UWHAIt/VOY SEA TW KM
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      179 35 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 CONSOLIDATION. WAREHOUSING, TRANSPORTATION. I HOUSEHOLD REMOVAL AND CAR TRANSPORTER LCL CONSOLIDATION SERVICE a* umt/msrnmenm DFsnwATiow m TOKYO/YOKOHAAAA/NAOOYA/KOBE 06*03 12*03 1M» TM; *****11(20 Lino.) \f HONGKONG 06/03 12/P3 10/03 O \jJ/ gj MWACH>/BOMBAY 05/01 For
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      1424 36 DSR SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANSANADA VESSEL I ¥0T |Ml LBI 1 HTM 1 HAM |l«V IfU DESSa VOT W 6IT VI TOS MX MTB HAMJM KHLUNG M73W H.B MM VI OH MM (I D CAUFOWBA SENATOR OMBW 02 (3 II M 21 BJ 2311 29 M K M
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      735 36 ■LAfl MAC-NELS S PORE M'SIA Carrtor. IM CONTR LINES, INC p. gudang: cot) *****26 l~lv/\~ J CWNOHMrwCDM StBU: (064) *****9 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA (31) *****11 P. KELANG: (03) *****77 JKT (21) *****46 KUQ6NQ (062) *****1-3 BUENOS AIRES MANILA MV "E. GUARD" V. 0327
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      610 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/ COLOMBO Vhml S PORE N SHEVA COLOMBO P.KLANG TULSIOAS Vl2l K MM 14 MAR II MAR 25 MAR CAPE CREUS VIO3W 12 MAR 21 MAR 21 MAR H APR CAPE CANAVERAL VI2OW 19 MAR 2IMAR 02 APR M APR TULSIDAS V 122 2# MAR M
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      1559 37 fjggik VOY KHH HKG I SIN I PKG I DXB DMM 1 BA 1 BIK SEESTAN PCL-143 25/02 27/02 02/03 03/03 13/03 14/03 18/03 18/03 ibai! Sfffy* B PCL-144 01/03 03/03 07/03 08/03 18/03 18/03 21/03 23/03 !?f?! f®!"' 14 08/03 10/03 14/03 19/03 25/03 28/03 28/03 30/03 ■dam 146
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      939 37 WJ.f. FEB 2000 ACCEPTWe C6O 10 OMAR, LASOS, icau A MWDIHnM I f",*™ 1 50 R0 ru: 226,w*****208 OUTO«O(iai' y* J" W/W QW IM srn WG ~s» HKMk ILS. EAST COAST /ISRAEL ■tMM.MM 2*5 n7m I J/03 FBHI/DOti* if/07 w/m vm m/trj »EGEOO« £5 S3 ffiS ivo3 2522 88 «ob
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      623 37 EXPORT IMPORT 1 Mffitni 1 flip 1 il& 1 lffin 1 ij%i I !*%> j oj%rl iSSSSS J,'ISL™ whom TRANSP4CIWC SBMCt EXPORT IMPORT vcsa Ivor m LO I QAM |»cantaocoßWti)wwissr vßffl f- vor —IS —rui —cm MJ cStwacrK iFfr SSSJfI^ cram tma wm 11/02 04/03 jUCOPMOaw Ota 12/03 30/03 03/04
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      1338 38 EUfWKAJWCAIIDIIIAVIM-jIjWNOyfIUSSjA nsri ROM ARW HBG THP ZEE LHV I LHV THP ROM AHW HBG PKL I SGP E. DIAMOND RW-012 104/B3 23*3 2MB 25*3 ***** 21*3 21/03 E. ROYAL RE-MC 10*2 IMB 11*2 1J« 15*2 16*3 06*3 t. DELUXE RW-014 11*3 30*3 05/04 01*4 03*4 14*4 05/04 E. REAOJRE-K7 17*2
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      950 38 ADVANCE CONTAINER LINES (PTE) LTD £11-1 TEL: *****21, FAX *****18, TEUEX FtS ***** ACLPL W SS FOM BOOKINGS PLEASE CALL: *****22 SALES A MARKETING *****21-28 OPERATIONS: 2212 MV *****06 CB NO. 1663W4000QE KANCKOA lalM—t/W—> JAKARTA »(T WWW) VESSa IVOT HN MOC VESSa VOY JKT KOTARAIMAIPAT/LCHI RNAI99 29/2 Tub 3/3 Fn
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      386 39 mm MYANMA wBBk FIVE STAR UNE (Myomar National Um) loading for Yaagoi (Rmjooh) VHSfI VOT sm Ptl PEN PGU sjttwe «m sid HPA-AN 267W SU UUrW AGENTS: 90USTEAD SMPPMG AGENOES KUL m (03) *****00 P*L m (03) *****01 nt m (04) *****02 PGU: TEL (07) 2$ *****/4 BANK UNE »6CYk>
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      1224 39 HMNEHYUNDAI MERCHANT MARINE CO., LTD. IVESSB VOT I sBT SOU I 181 I RTB I ANT ItMMI RRV I IB IIVBSa VOT|SOU|LBt|RTH|ANT|NM|MV| FSISMI KTCONMOOOM 324W 02/03 20/03 25/03 22/03 23/03 MOSB 531E 11/02 12/02 06/02 M/ 02 01/03 MM 532W 03/03 24/03 25/03 19/03 21/03 THANES 55* 07/02 12/02 09/02
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      624 39 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA 'CAR RORO HEAVYUFT SERYKE" [VESSEL VOY RAMP HEIGHT SM IK DUO MIA SAV ML Off NYC IKW MOI TAIAIOT AHOO4 400 TMS 6.3 M 11/03 10/04 11/04 21/04 23/04 15/04 26/04 21/04 02/05 04/05 TAMPER! AHOO7 400 Ims 4.3 M 21/03 24/04
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      793 40 MAMQKQ9U Mtf TA PHUT/ LAH CHABANOj J A K AWT A/E AM JAMO VESSEL VOY 1 SIN BKK iMTPILCH VESSEL VOY SIN JKT PJN ANAN BHUM AA IS3N In Pt 04/03 uSoiiF MO inPt 04/03 ULABHUM 148N InPt 03/03 BHUM 1! YANTRA BHUM MlN_ 01/03 QS/03 04/03 NANTA BHUM" 486N
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      295 40 INDONESIA NATIONAL LINE TO AUSTRALIA T RJLLCOKPUWBWMWVICM va _wr m m m m no m m m. m lASUGAI as QHT »/W 11/U 14/B 17/«J rawaami In M/nv/u w/ia ii*i i/5 tniyorr ~nT iyo u/n nm »/nm/p ii/c WWM ~"nT WMg 11/88/HM/04 U/U~ FEEDER SERVICE TO INDONESIA va wi mutm
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      782 40 I VESOBS IWT j W I PKL I JH) I MLA LB4 RTM HAM I g SOT I VILE DE TANYA T3&M TOKO. QIAB 00*03 14TO 19*03 21*08 22*03 23*08 2MB VOXEDE TAURUS A36W Q7AM 0003 17/08 2MB 2MB 3MB 3MB 31*03 02*04 VliE D'AOUAROJS U3QW> 13AB 14*03 22*03 27*03
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  • Page 43 Miscellaneous
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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
      85 words
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  • Air Freight Focus
    • Article, Illustration
      Lock icon Looking UP
      775 45  -  lata forecasts show an average increase of 5.5% in international air freight traffic in the next 5 years. But the imbalance between inbound capacity and outbound supply and rising oil prices pose challenges, industry players tell DONALD URQUHART DONALD URQUHART THE latest International Air Transport Association (lata) annual
      Source: IATA  -  775 words
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      Lock icon Competing on new terms
      607 46  -  A shift towards 'delivery duties paid' from the traditional 'free-on-board' has meant mutual benefits to both buyers and sellers. Addressing this trend, Emery Worldwide has launched a customs brokerage programme, reports ANN TOH ANN TOH OVER the last few years, there has been a rapid and
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      776 47  -  Emirates Sky Cargo has its sights on two-digit tonnage and revenue increases, GEORGE JOSEPH reports GEORGE JOSEPH Emirates Sky Cargo, the cargo division of UAE's national carrier Emirates, is confident that tonnage and revenue in the current financial year will show a return to twofigure
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      977 48  -  Boeing, which dominates the Asian cargo market, is upbeat as the region gets a boost from improving economies. Rival Airbus is also eyeing a slice of the lucrative USs4ob market with its planned A3XX aircraft. DONALD URQUHART reports DONALD URQUHART IN the last nine months some 20 Boeing
      LUIS ENRIQUE ASCUI/ST; Source: Boeing  -  977 words
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