The Business Times, 16 March 2000

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Total Pages: 40
1 40 The Business Times
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  • Title Section
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    10 1 THE BUSINESS TIMES MWHMM < T >... >■> SINGAPORE THURSDAY. MARCH 16. 2000
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  • Article
    Lock icon MARKET SUMMARY
    70 1 D USUI (-31.36) rjBT-ai 14 ***** (-11.91) aiuaunmiug MM (-7.20) STOCK MARKET INDICES Tg»iTnn«if»n n a w woneeoay UISQR KL8BOOW mm AIM NHH3 JMmn -0SJ4 HANG SENG J6,?47iO -I81J6 SET PV'DEX *6.20 -14.17 JAKASTA COUP _m37 +ft* MAKILACOMP _1.© TAIPEI WP! SM%.9t -lKil SEOUL OOMP 8S7J1 -»J| CL&A
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  • Article
    Lock icon FINANCE
    61 1 FOEEX1ATES us$ St OMHPBVWBI-9M Utt at SJKl UM 1W 1«J 1.1 ts I* UN 0.460 HK» 7.7* 1» SABrr S7J8 IM RUPlAi_ 7.4*_U»- PUKE BATEfT SINGAPORE* UN KOALA LUMFlflt _„7.«7 JAKARTA MM BAM«DK_ 9M MANILA „1I.H HONG BONG 8M TAIPEI 1M SYWSY Ut irano~, ut SEOUL tit HJWC8" FRANKFURT"*
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  • Article, Illustration
    Lock icon US biotech plunge spreads to Europe
    910 1 Euro biotechs see biggest decline this year with &5% fall Reuters, Bloomberg, AFP, FT [NEW YORK] A sell-off in biotechnology stocks in the US on Tuesday, which dragged Nasdaq down to its second largest points drop ever, spread to Europe last night after remarks
    Reuters,; Bloomberg,; AFP,; FT  -  910 words
  • Article
    Lock icon Stronger the morning after
    50 1 Reuters. [NEW YORK] US biotechncfe gy stocks fought back yestig day morning after invent ment banks said Tuesday sell-ofif was overdone. 2* The Nasdaq biotech in« was up 5 per cent at 1.2O03& points. The Dow Industrie# was 60 points ahead it 9,871.74 by 11am. Reuters.
    Reuters.  -  50 words
  • Article, Illustration
    Lock icon Eminent scientist cautions against biotech euphoria
    710 1  -  F«?excTusive It's even more speculative than investing in Internet companies By\ Vikram Khanna [SINGAPORE] Extreme caution is the watchword when investing in biotechnology, which is even more speculative than investing in Internet companies, an eminent immunologist has advised. Maurice Hilleman, who has invented a
    SIEW YAW HOONG  -  710 words
  • Article
    Lock icon Shorter contra period, Nasdaq worries hit S'pore shares
    318 1  -  Regional market fall, coming Fed meeting also factors By] R Sivanithy [SINGAPORE] The combination of a shorter settlement period for retail investors and a 4 per cent overnight plunge on Nasdaq proved too much for the local stock market yesterday. with jirices
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      Lock icon Page 1 Advertisements Column 1
      82 1 dtszde itflKlk' J ia t fWtl iTop stories Th©ro's consolklaßon, tthink you aB should 90 S»nd ask them (the question). At OUB, we give everything to you straight... we don't fly fSkm y OUB president Peter Seah *94 THE Hongkong Monetary Authority releases new guktelines on vlrtuaf banks. H,xlP,g. -v.:
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      4 1 ST MOTOMNQ Pg 10
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      104 1 Three European bourses to merge? [LONDON] Belgium's finance minister said yesterday J that talks between the Paris, Amsterdam and Brussels stock exchanges were at an advanced stage, signalling I that a long-awaited shake-up in Europe's bourses looked near. "There are multiple projects of mergers between various bourses two, three or
      104 words
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    • Article
      Lock icon HKMA unveils draft guidelines on virtual banks
      594 2  -  Newcomers appear to be unwelcome since new rules favour established banks From Meera Tharmaratnam in Hongkong THE Hongkong Monetary Authority (HfcMA) has released draft guidelines on virtual banks that set the same prudential requirements as those of bricks-and-mortar banks. The new guidelines, which
      594 words
    • ON THE grapevine
      • Article
        Lock icon Yes, it's the Queen
        118 2 IF you happen to be at Changi Airport early tomorrow morning and sense a bit of a buzz, don't be royally surprised. Britain's Queen Elizabeth II is expected to transit Singapore tomorrow on her way to Canberra for a two-week visit to Australia. Her Boeing 747
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      • Article
        Lock icon Don't feed the angels
        109 2 Do you believe in angels? A lot of high-tech entrepreneurs do. The angels they have in mind are < not the celestial kind but individuals who put money into promising high-tech start-ups. Its like manna from heaven for cash-strapped technopreneurs but there's such a thing as
        109 words
      • Article
        Lock icon Crap is a better bet
        61 2 Commenting on bio-technology stocks, aUS investor has observed that putting money into biotech was "like rolling crap in Las Vegas". He is badly behind the times. The chance of winning in a crap game —even in Las Vegas—could now be much higher than playing technology
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      • Article
        Lock icon Make money, then RIP in cyberspace
        88 2 WHERE else but in America would they provide funeral services online? A company called Heavenly Door.com Inc offers exactly that—it allows r r you to plan your own funeral, or that of your loved ones—through the Internet. Heavenly Door has been t formed by
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      • Article
        Lock icon More HP business for Taiwan
        109 2 HEWLETT-PACKARD is likely to raise its purchases in Taiwan from US$3 billion (Sss.l billion) last year to between US$4 billion and US$4.5 billion, according to Taiwanese papers. This is much higher than the global growth rate of electronic/IT products and could be > seen as
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      • Article
        Lock icon Fast money
        53 2 INSPIRED by Pacific Century CyberWorks and the insane IPO of Tom.com, there is a new saying in > Hongkong; It takes an industrialist 20 to 30 years to make a fortune, a property developer 9 years, an Internet entrepreneur two to three months and an I Internet speculator
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    • Article, Illustration
      Lock icon The tricky task of valuing dot-coms
      688 2  -  Ml < comment TECHNOLOGY kenneth james THE fall in technology stocks around the world raises yet again the question: just what is a dot-com company worth? It's a question that will continue to bedevil investors for a long while yet, because the whole Net-firm
      688 words
    • Article, Illustration
      Lock icon Hardest-hit victims of Asian crisis back on track: ex-IMF troubleshooter
      491 2  -  Indonesia, Kore%Uiysia, Philippines, Thailand seen posting 6%«wr*giywtlitM»y»tf By Larry Wee [SINGAPORE] The Ave countries worst hit by the Asian crisis, which started in mid-1997, are on track for a solid recovery this year, although both domestic and external risks remain,
      ARTHUR LEE  -  491 words
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      268 3 —g— Jf B Formidable m alliance Extensive marhef reach ■■■■HHHHi Excellent value proposition txlS3.com The competitive uiaq to trade online To get ahead in today's competitive business environment, e-commerce is certainly the way to go. A joint venture between Singapore Computer Systems and OCBC Bank, txl23.com is poised to become
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon OUB net profit up 155% to a record $450m
      665 4  -  Group's fees and consumer and housing loan sectors show sharp growth Reports byl Catherine Ong BOOSTED by strong income from its investment banking business, Union Bank's net profit hit a record $450 million last year, up 155 per cent. The results
      ARTHUR LEE  -  665 words
    • Article
      Lock icon OUB sees e-bank's potential in the region
      479 4 OVERSEAS Union Bank plans to replicate its proposed standalone e-bank in Singapore to other parts of the region, president Peter Seah said yesterday. He added that the e-bank will target upscale customers in regional countries but noted that there could be regulatory obstacles.
      479 words
    • Article
      Lock icon Full-time score
      110 4 As of yesterday, 89 SGX-listed companies had released their financial results for full year ended Dec 31,1999. They recorded a combined m in group earnings, compared to a gain of $1,188.71m in 1998. The total included 13 foreign companies listed here. If they were excluded, total earnings would
      110 words
    • Article
      Lock icon Haw Par ups dividend alter 147% profit jump
      388 4  -  By Ling Su Ann THE Haw Par group yesterday proposed to reward shareholders with a big dividend payout on the back of a huge jump in profits, thanks largely to profits from the sale of UOB shares. Haw Par said it wants
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    • Article, Illustration
      Lock icon Millennium & Copthorne lifts earnings by 39% to £61m
      787 4  - Millennium Copthorne lifts earnings by 39% to £61m By Kalpana Rashiwala KWEK Leng Beng's London-listed hotel arm Millennium and Copthorne Hotels posted a 39 per cent increase in group net profit to £61.6 million (Ssl6s million) in 1999, helped by its acquisition of parent CDL Hotels International's AsiaPacific hotels in
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    • Article
      Lock icon Parkway posts 39% higher gain of $38m
      435 4  -  By, Andrea Tan HEALTHCARE group Parkway Holdings yesterday fell short of analysts' expectations with a 39 per cent jump in net profit to $38.8 million last year. Analysts polled by Barra's Global Estimates had a consensus net profit forecast of $43 million or
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    • Article
      Lock icon SingBus beats forecasts with $46m profit
      356 4  -  By I Christopher Tan BUS operator Singapore Bus Ser/ice posted an 16.5 per cent rise in earnings to $46 millior, for the year ended Dec 31, even though turnover fell 3.6 per cent to $508 million. And despite an adverse impact from route swops
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    • Article, Illustration
      Lock icon AirNZ stake: SIA keeps market guessing
      515 5  -  CEO in Auckland, bnt no statement on speculation it is in stake negotiations with Brierley ansett deal By Conrad Raj THERE was no statement from Singapore Airlines yesterday on its talks with New Zealand's Brierley Investments over a proposed sale of a significant stake
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    • Article
      Lock icon Clouds over Virgin's entry into Australia
      573 5 AFP [SYDNEY] Virgin Airlines' entry into the Australian domestic market could fall through if Singapore Airlines finalises a deal to buy 25 per cent of Air New Zealand, analysts said yesterday. SLA was supposed to announce a deal yesterday but failed to do so,
      AFP  -  573 words
    • Article
      Lock icon It's time Venture be more open with analysts
      664 5  -  locksiew lee han shih IT says something when a com pany delivers a 31 per cent jump in net earnings and investors start selling down its shares. But exactly what is the stock market saying of Venture Manufacturing? Until it released its
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    • Article, Illustration
      Lock icon F&N aims to sell Haw Par Villa this year
      450 7  -  Loss-incurring unit expected to be sold back to Singapore Tourism Board By. Andrea Tan LOSS-MAKING Haw Par Villa will soon come under new management if beverage group Fraser and Neave has its way. "We're getting rid of it and selling it
      FILE PHOTO  -  450 words
    • Article
      Lock icon Brokers are sweating to meet Clob deadline
      841 7  -  SIAS urges Effective to collect 50% of fee on migration, leave rest till fall staggered release By' Ven Sreenivasan WITH more than half of the 172,000 Clob securities investors yet to file their acceptances to migrate their shares to the Malaysian market, and
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    • EARNINGS Briefs
      • Article
        Lock icon Magnecomp profit slides 39%
        94 7 DISK-DRIVE component supplier Magnecomp International's earnings dropped 88 per cent to $14.7 million in 1999. TurnoverfeD 12 percent to $114.5 million. Earnings per share on a fully diluted basis slipped to 7.3 cents from 11.91 cents. NTA per share rose to 52.3 cents from 47 J
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      • Article
        Lock icon Teledata back in the black
        69 7 TELEDATA (Singapore) was beck In the black with group net earnings of $1.09 million last year. In 1986, it Incurred a net loss of $1.27 million. It managed to chalk up profits despite a 23 per cent drop in turnover to $62 million. The company
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      • Article
        Lock icon Wee Poh gain dives 87% at half-time
        78 7 HIT by lower margins from current on-going projects and higher depreciation charges, construction group Wee Poh Holdings's net earnings plunged 87 per cent to $36,000 at half-time. Group turnover fell 12 per cent to $62 million for the first six months ended Dec
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      • Article
        Lock icon Multi-Chem makes $7.8m on $21 sales
        100 7 MULTI-CHEM made net profits of $7.88 million on a turnover of $21.6 million In 1988. It said that since the company acquired its subsidiary last year, no group comparative figures are available. At the company level, net earnings jumped 153 per cent and turnover
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      • Article
        Lock icon Ultro interim earnings dip 8.5%
        102 7 ULTRO Technologies's group net profit fell 8.5 per cent to $3.3 million for the first six months ended Dec 31. Turnover rose 12 per cent to $70.8 million. During this period, Ultra acquired 90.51 cent of Altum Precision and sold its subsidiary, Raltron Singapore. The
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      • Article
        Lock icon Asian Micro in negative territory
        83 7 ASIAN Micro Holdings slipped Into the red with a lose of $2.78 million for the six months ended Dec 31, compared with a gain of $3.5 million previously. Turnover was down 68 per cent to $12 million. The group said it will continue to concentrate
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    • Article
      Lock icon OCBC to unveil e-com moves soon
      347 7  -  Bank still on lookout for regional boys, says Alex An By Ling Su Ann OCBC Bank is poised to roll out a range of e-commerce initiatives over the next few months, chief executive and vice-chairman Alex Au said yesterday. He added that OCBC is
      347 words
    • Article
      Lock icon AsianBourses, Lycos offer investment portal
      309 7 FINANCIAL information and utilities provider AsianBourses.com has tied up with search engine Lycos Asia to offer an online investment portal to investors. The service, launched yesterday, features a sophisticated tracking system that provides real-time information on securities traded in Singapore and Malaysia. Asianßourses.com is also
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    • Article
      Lock icon IPC creditors pass debt scheme
      143 7 Reuters IPC Corp said yesterday its supplemental scheme of arrangement for a debt restructuring plan had been approved by unsecured creditors. Its statement said the scheme was intended for a debt revamp presented by Infomatec AG to the company announced cm Jan 13. German-based Infomatec
      Reuters  -  143 words
    • Article
      Lock icon Dresdner launches global multimedia fund
      196 7 DRESDNER Asset Management (DAM) yesterday launched the Global Multimedia Fund in Singapore, offering investors a chance to put their money in shares of international companies in the information technology, communication and entertainment businesses. The fund aims for long-term capital growth and investors, according to DAM,
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    • COMPANY Briefs
      • Article
        Lock icon Jardine unit in China joint venture
        66 7 JARDINE Matheson said Jardlne Internet will join a consortium with Commerce One to set up a China joint venture to develop a 828 portal for exchanging goods and services among businesses worldwide. It said the portal will anchor the Hongkong and China hub of
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      • Article
        Lock icon Seven-day interest-free share financing
        63 7 MILLENNIUM Securities is offering seven-day interest-free share financing to its customers through a facility offered by sister company Hong Leong Finance. Although several securities firms offer similar schemes, HLF is the first finance company in Singapore to do so. Customers can apply for Credit Plus 7
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      • Article
        Lock icon Mobile e-trading with a difference
        56 7 LIM Tan has introduced mobile e-trading for mobile phone users irrespective of who their mobile telecoms provider is. The brokerage said that currently, mobile e-trading channels here are subject to the proprietary network rights of the mobile telecoms provider. Llm Tan will launch this service
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      453 5 m r m I IHHi i a 1 YCTK! BPO^S' t?i®[ P^ JM MM 9BP B B mhA W W U JF Bw K B H a v Mt fIL B m J S d£ -^^^BSI- The growth in e-Commerce is staggering. Investment opportunities unlimited. Many of the players unheard
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Stocks hit as Nasdaq plunge adds to host of uncertainties
      552 6  -  i comment STOCKS r.sivanithy THE devastation wrought on local stocks by what could be the bursting of the Nasdaq technology bubble reached near-cri-sis proportions yesterday as the prices of sec-ond-line stocks melted rapidly with little support. The mood in dealing
      552 words
    • Article, Illustration
      Lock icon Hong Leong Ind wrt: expiry time okay, but outlay high
      190 6  -  WARRANT WATCH *y R Sivanithy THE meltdown that has hit the local market is bad, but perhaps not as bad as that felt in Malaysia, considering how fast and high some of the counters there had risen. Funds which moved
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    • Article, Illustration
      Lock icon Signals mixed for NatSteel Broadway
      247 6  -  HOT STOCK By Wong Wei Kong SHARES of Nat Steel Broadway surged yesterday after the electronics company reported a set of strong results, with the stock finishing as the session's biggest gainer. Nat Steel Broadway shares jumped 61 cents or 23 per cent to $3.26.
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    • Article
      Lock icon Market Notices
      150 6 CAM International j Holdings will hold its AGM at Alison Hotel, Pine Room, Level 3,101 Victoria Street, on March 31 at 4 pm. DATACRAFT Asia willhold its EGM at 6, Shenton Way, #24-11, DBS Building Tower 2, f on April 7 at 3.30 pm. TIBS will hold its
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    • Article, Illustration
      Lock icon BOJ intervenes once again to put brakes on yen advance
      359 6  -  i comment CURRENCIES larry wee THE Bank of Japan (BOJ) stepped in for the second time in one week to head off a threatened US dollar slide below key 104.50 yen support in Asian trading yesterday. Players reported that the
      Source: Reuters  -  359 words
    • Article
      Lock icon Untitled
      469 6 Stocks Vofcjnr CS6c 21.369,000 SingTel 15c— 10,274,000 Fastech US 10c 7,579,000 Ionics P$1.00.. 7,446,000 MsdieRing 10c.....: 6,972.000 IPCCorpn5c 6.931.000 Vtekars Caprtal 25c 6,747,000 Goldtron20c.... 6,061,000 UracoHWgslOc 5,960,000 'Gentlng Int 5,564,000 8tocto PadllcCentury 85.944,349 SIA 65,323,996 Chart Semiconductor26c 40,416,762 SingTel 15c 29,185,390 SPH 27,637,390 DBSGrp 27,116,866 Creative T 25c 26,449.822 0C8C
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      104 7 City Estates International LONDON HONG KONG SINGAPORE DUBLIN Are you looking to sell your property in London? We offer a complete service under one roof including established links with international investors: Sales Acquisitions Valuations Resales Up-to-date market appraisal As part of the City Lets International Group we also offer a
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  • SINGAPORE news
    • Article, Illustration
      Lock icon NUS joins Pidemco in Hitachi Tower purchase
      572 8  -  Deal estimated to be worth $200 m; NTUC Income and IP Property Fond roped in separately for stakes in Caltex House By Carol Eng PIDEMCO Land has roped in three partners National University of Singapore (NUS), NTUC Income and IP Property Fund fqr
      FILE PHOTOS  -  572 words
    • Article
      Lock icon Consultant A T Kearney teams up with Insead
      231 8 LEADING international management consultancy firm A T Kearney is set to be the first "founding member" of premier French business school Insead in Singapore. The cornerstone of this tie-up, unveiled yesterday, is the setting up of an A T Kearney Scholarship worth
      231 words
    • Article
      Lock icon StarHub and M1 sign interconnect deal
      289 8  -  Tetco chooses Siemens and Phonexom to provide its mobile Internet seryice By Teh Hooi Ling SINGAPORE'S second full-fledged telecoms operator Star Hub and mobile phone operator Ml have signed an interconnection agreement to permit the direct transmission of call traffic between their two networks.
      289 words
    • Article, Illustration
      Lock icon We're in third industrial revolution, says MIT don
      334 8  -  By Vikram Khanna THE world is in the midst of what will come to be called the third industrial revolution, according to an eminent American economist. Lester Thurow, who is Professor of Management and Economics at the Massachusetts Institute of Technology, said
      334 words
    • Article
      Lock icon Man U's goal for S'pore store: profit in first year
      346 8 Store, which opens in July, expects to see sales of $20m MANCHESTER United, the world's richest football club, expects its maiden store in Singapore to make a profit in its first year of operations. The $4.5 million store, which opens
      346 words
    • Article, Illustration
      Lock icon Restaurants top 'dining out' sector
      399 8  -  the economy consumption By Anna Teo REFLECTING the lifestyle changes here over the last decade or so, restaurants have garnered the lion's share of the "dining out" business, displacing other eating spots like coffeeshops. This is captured in the new weighting pattern of the recently
      Source: Dept of Statistics  -  399 words
    • Article
      Lock icon Why is Clob solution based on S'pore $?
      359 9  - Why is Clob solution based on S'pore jlMiibag Narayana Narayana Singapore I AM surprised that nobody has so far brought up the following issues in the reactions to the Clob solution: 1. There does not appear to be any provision for acceptance in respect of shareholdings standing in the names
      359 words
    • Article
      Lock icon Why inconvenience the public, IRAS?
      125 9  -  Denis Distant Singapore THE IRAS prefers e-filing of tax returns and makes it easy to do so via the Internet But why does it make the use of certain features on its Web site much more inconvenient than is necessary? Banks the world over allow
      125 words
    • Article, Illustration
      Lock icon Skewed distribution of wealth deters entrepreneurship
      344 9  -  Ong Yang Peng Singapore I VIEW with some trepidation the possibility that civil servants are going to be rewarded with 12 months' bonus. This can only be to the detriment of entrepreneurship. In fact, the over-involve-ment of GLCs (governmentlinked companies) in the economy is
      344 words
    • Article
      Lock icon MOE aims to develop ability-driven education
      633 9  -  Govt rejects call to control cost of advertising in newspapers, saying it should be left to market forces Uilein i debate By Eugene Low,Audrey Tan THE Ministry of Education (MOE) will focus on the key areas of hardware and infrastructure, curriculum, school management and
      633 words
    • Article
      Lock icon Varsities must look beyond state for funds: Dr Tan
      326 9  -  Stronger bonds with alumni, community help enlarge resource pool By] Eugene Low DEPUTY Prime Minister Tony Tan, in kicking off the Singapore Management University (SMU) endowment fund with one-off government contribution of $50 million last night, urged universities here to be
      326 words
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      36 9 You cane-mall us at btletter@sph.com.sg or fax us at n *****71, or mall your letter to The Business Times, Vmes House, 390Kim Seng Road, Singapore *****5. Please give your full name, address and telephone number. r
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      84 9 i? CS A G33l Frontline Technologies &SUfl 2 Corpora,** Com?.., "iSSSSES!™ 9 .w Ff on 11 ine IJIIM t7*l microsystems We're the dot in .com" SINGAPOtr 05,547 W < 45 > <» IW, F« («S) 438 7M jJWjAtOki DISTRIBUTORS: CSA Automated Pi# Lie 221 Henderson Rood #07-01, Henderson BuiidtrKL Smoooore
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  • MOTORING page
    • Article, Illustration
      Lock icon COE bonanza seen leading to motor industry boom
      562 10  -  Major distributors are hoping to cash in by releasing a rash of new models Reports byi Christopher Tan WITH the new COE quota at an all-time high, and tens of thousands of folks scrapping their old carriages, the motor industry is poised
      FILE PHOTO  -  562 words
    • Article, Illustration
      Lock icon Lincolns won't be coming here
      231 10 FORD'S new Lincoln LS flagship line is not coming to Singapore after all. The car was to have been the first Lincoln range to be offered here on a regular basis. Sources said the change of heart came about as Ford Motor attempts to realign
      FILE PHOTO  -  231 words
    • Article
      Lock icon Dealers take contrarian view
      277 10 THE enlarged COE quota notwithstanding, motor distributors have taken the contrarian view and raised prices of mainstream products. A check by BT revealed that all the major players have upped prices for the current tender month by an average of $3,000. Favourite brands affected include Toyota,
      277 words
    • BUMPER to BUMPER
      • Article
        Lock icon Comfort raising airport surcharge
        43 10 TAXI firm, Comfort, will raise airport surcharge to $5 from April 17. This is in response to increased passenger arrivals at both Terminal 1 and 2. The current charge of $3 has remained unchanged since its introduction in 1961.
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      • Article, Illustration
        Lock icon 100,000th Mercedes S-class delivered
        101 10 THE Mercedes-Benz S-class fingcMp range crossed its 100,000 th delivery, 18 months after it was launched. The top three markets for the limousine are the US, Germany and Japan. The most popular product in the lineup is the S5OO, followed by 5320 and 5430. Despite the
        101 words
      • Article
        Lock icon February good month for Volkswagen
        72 10 FEBRUARY was a good month for the Volkswagen Group. It delivered 385,400 vehicles 13 per cent higher than February 1999 and the group's highest February sales. This brought sales in the first two months to 741,000 units, some 7 per cent higher than previously. AH
        72 words
      • Article, Illustration
        Lock icon Porsche shares in the fast lane
        130 10 PORSCHE AG shares are giving "new economy" stocks a run. The price of its free-float preference shares have climbed 44.4 per cent, annualiaed, for the three years through March 3, versus 14.1 per cent for Germany's CD AX motor index. Currently at 2,750 euros
        130 words
      • Article
        Lock icon Caltex downsizing refining activity
        82 10 AMERICAN oil company Caltex is moving away from the "bricks and sticks" way of doing business, according to chief executive Jock McKenzie. One area it seems to be paring down is refining. To cope with thinning margins of downstream activities, the company is reducing refining capacity.
        82 words
      • Article
        Lock icon More engine power for Toyota
        108 10 TOYOTA Motor, the world's third-largest automaker, is buying a 5 per cent stake in Yamaha Motor to boost their joint engine development and production, and cooperate in motor sport and marine businesses. According to a Bloomberg report, Toyota will buy 125 million Yamaha Motor shares
        108 words
      • Article
        Lock icon New Beetle art
        80 10  -  Compiled by Christopher Tan VOLKSWAGEN is inviting both large and small businesses to submits corporate design to the New Beetle Art Competition that oould turn into a moving b ill board What better way to advertise than to have a New Beetle transformed with the company's logo
        80 words
    • Article
      Lock icon Cycle & Carriage's outlook promising: analysts
      354 10 Cycle Carriage's outlook promising: analysts Enlarged COE quota will more than offset its loss of wholesale earnings THE enlarged COE quota will more than make up for Cycle Carriage's loss of wholesale earnings, experts say. According to the breakdown of the new quota effective from the next tender, the categories
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  • e News
    • Article, Illustration
      Lock icon Yahoo, eBay in early talks on tie-up: report
      548 11 SANTA CLARA The move comes in the wake of AOL's USsls6b takeover of Time Warner Reuters, Bloomberg YAHOO Inc and eßay Inc, two of the most popular consumer sites on the Internet, are in talks to consider a possible alliance or merger,
      Reuters,; Bloomberg  -  548 words
    • Article
      Lock icon Alta Vista posts US$1b loss on US$160m sales
      195 11 PALO ALTO, California ALTAVISTA Co, an Internet search engine planning an initial public offering, suffered a net loss of US$l.O2 billion (5|1.74 billion) in its most recent fiscal year on revenue of US$l5O million. For the year ended Jan 31, 2000, the
      195 words
    • Article
      Lock icon Henderson Land mulls listing of Internet arm
      353 11 HONGKONG Reuters HONGKONG'S Henderson Land Development Co Ltd is considering listing In Hongkong all or part of the group's information technology businesses this year, its Internet arm iCare.com Ltd said yesterday. "We are considering and studying it," iCare.com chief executive Sunny Lee said
      Reuters  -  353 words
    • Article, Illustration
      Lock icon Softbank Tech shares up 15% after stock split news
      257 11 TOKYO Bloomberg SOFTBANK Technology Corp shares surged 15 per cent, the exchange-im-posed limit, after the Softbank Corp unit said it would split its stock 3-for-1. The rebound, after three days of decline which saw it fall 23 per cent, comes amid
      Bloomberg; AP  -  257 words
    • Article
      Lock icon Oxford dictionary put on cyberspace
      182 11 AP [LONDON] The Oxford English Dictionary went online on Tuesday, bringing nearly 640,000 words and phrases and 2.4 million Quotations to paying customers in cyberspace. The online service is aimed at institutions who will pay over £1,000 (552,f190) for yearly subscriptions to use the second
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      Lock icon Goldman-CSFB temp charged with leaking inside info
      339 11 NEW YORK Bloomberg A TEMPORARY worker placed through an agency at Goldman Sachs Co and Credit Suisse First Boston passed on confidential information about 23 mergers and other transactions to friends and investors he encountered in an Internet chat room, federal prosecutors said
      Bloomberg  -  339 words
    • Article
      Lock icon Richard Li racks up US$6O01m paper losses
      391 11  -  Collapse of Hik&ri Tsnshin shares hits his investment From Meera Tharmaratnam in Hongkong PACIFIC Century CyberWorks chairman Richard Li Tzar-kai has blown US$6Ol million (551.02 billion), in paper losses, on his personal investment in Japanese Internet conglomerate Hikari Tsushin, following the collapse of
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        Lock icon On the cards: US e-stock exchange
        115 11 FT [NEW YORK] Electronic trading system Arr.hip»b>gn the Pacific Stock Rrohnngp yesterday wnnnnnrwj an ambitious partnership to create an electronic stock exchange for US stocks. The new Archipelago exchange is expected to trade stocks listed on the New York Stock Exchange, Nasdaq and the
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        Lock icon Sema buys LHS for US$4.7b in stock
        113 11 Bloomberg [LONDON] Sema Group pic, Europe's second-largest computer services company, yesterday agreed to buy 1 J Atlanta-based LHS Group Inc for US$4.7 billion (SsB 1 billion) in stock to gain a bigger piece of the billing and customer service market for wireless telecoms.
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        Lock icon E.piphany to take over Octane Software
        69 11 Bloomberg [SAN MATEO, California] E.piphany Inc, which makes 1 software that analyses data collected from Websites, 4 agreed to buy closely held Octane Software Inc for about US$3.l9 billion (515.5 billion) in stock. E.piphany said it will issue about 12.8 million shares for Octane,
        Bloomberg  -  69 words
      • Article
        Lock icon Freeserve shares up on access offer
        91 11 Bloomberg [LONDON] Freeserve pic shares rose 9.5 per cent after Britain's largest online-service company said it will offer unlimited Internet access at off-peak hours for as little as £6.99 (S$l8.80) a month from May. The offer applies to customers who access Freeserve through British
        Bloomberg  -  91 words
      • Article
        Lock icon In Windows 2000 sold, says Microsoft
        134 11 Reuters [SEATTLE] Microsoft Corp said on Tuesday that sales of i Windows 2000 had topped one million units, blowing away the software giant's previous business operating J systems and giving it a good start in catching up in the booming corporate computing market. The
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      • Article
        Lock icon Tie-up hopes to spill beenz in China
        141 11 AFP [HONGKONG] US-based beenz.com has teamed up with f Hongkong-based New World Cyberßese Ltd to form a joint venture to tap Into the region's Internet growth, both firms said yesterday, beenz.com, creator ofbeenz, the Web's currency, and New World Cyberßase, the technology flagship
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      1426 12 -IV -A"»* <• y•'. iHK ;fej* *l'+ m l l^ -«w gj >13 JHHL gg |> A I mßh- dUHr |j3 The Board of Directors of Overseas Union Bank Limited wishes to announce: JBfffff|fHflljffffT l tffW l ffnfyfflTWffTTtl'f I ESpa! BIfIIIIIVfPffIIfVfSHHHIEBHHHHHHHHHHHHHBK^^^'^ The Croup The Bank (a) The Croup s after-tax
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  • REGIONAL news
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      Lock icon Thai court orders TPI to restructure US$3.4b debts
      662 13  -  Landmark verdict allays concern that the courts here are against creditors From Harish Mehta in Bangkok THAILAND'S Bankruptcy Court yesterday ruled that the country's biggest debt defaulter, Thai Petrochemical Industry (TPI), was insolvent, in a test case that allayed concerns that Thai
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      Lock icon BOT governor threatens to resign: report
      288 13 BANGKOK AFP, AFX-Asia THE governor of the Bank of Thailand (BOT) threatened to resign in an explosive row with the Cabinet over the independence of the central bank, a report quoting a minister said yesterday. v BOT governor Chatumongol Sonakul threatened to go if
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      Lock icon Renong to set up RM400m incubator firm
      447 13 KUALA LUMPUR It is also joining consortium to start portal to serve construction sector Reuters MALAYSIAN conglomerate Renong Bhd said yesterday it will set up a 400 million Malaysian ringgit (SJIBO million) incubator firm to invest in e-commerce activities within the group and
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    • Article
      Lock icon Malaysia's ex-police chief gets 2 months'jail and RM2,000 fine
      231 13 ■KUALALUMPUR Reuters MALAYSIA'S ex-police chief was sentenced to two months' jail and a 2,000 Malaysian ringgit (SS9OO) fine yesterday for beating former finance minister Anwar Ibrahim in custody. Former inspectorgeneral of police Abdul Rahim Noor immediately appealed against the sentence, saying
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    • MARKET moves
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        Lock icon Oil exploration fuels Tehggara
        103 13 THE share price of Tenggara Capital continued to rise following news that it has ventured into oil exploration in Indonesia. The counter rose 78 sen to 5.50 Malaysian ringgit yesterday. The company said the deal is expected to increase its earnings per share and net tangible
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        Lock icon New-economy bets boost Camerlin
        60 13 CAMERLIN rose 45 sen to RM6 on expectations that its Internet incubator projects will take off soon. The group has provided seed capital to aspiring and promising Internet ventures in Malaysia. Although Malaysian companies have been slow in joining the global cyber race, many of them
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      • Article
        Lock icon Ignore not Gold Coin
        61 13  -  Compiled by Eddie Toh WHILE attention has shifted to players in the new economy, investors cannot afford to ignore a company like Gold Coin. The Malaysian distributor of the famous an-ti-impotence medicine, Viagra, rose 60 sen to RM6 yesterday on expectations of growing demand. Perhaps, investors
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      Lock icon 3 advisers named to help Kwik
      127 13 JAKARTA Reuters INDONESIAN President Abdurrahman Wahid said yesterday three assistants had been appointed to help advise Chief Economics Minister Kwik Kian Gie. The three are Widjoyo Nitlsastro, a long-time economic adviser to former president Suharto, respected University of Indonesia economist Sri Mulyani Indrawati, and
      Reuters  -  127 words
    • Article, Illustration
      Lock icon Manila's SEC to submit findings of stock fraud probe
      516 14 MANILA gNo whitewash, neither will |there be a witch-hnnt, says gJnstice Secretary AFP, Reuters PHILIPPINE authorities will receive crucial evidence on the country's biggest fraud scandal next week but vowed not to launch a "witch-hunt" amid public outcry, officials said yesterday.
      AFP,; Reuters; AFP  -  516 words
    • Article
      Lock icon Market makers appointed for Indonesian bonds
      206 14 JAKARTA Citibank, StanChart and Danareksa to help boost trading Bloomberg CITIBANK of the US and Standard Chartered of the UK are among five companies to become market makers of Indonesian government recapitalisation bonds to help boost trading. Bank Indonesia will also appoint state investment
      Bloomberg  -  206 words
    • Article
      Lock icon Indon brokerage Trimegah plans to offer online trading
      206 14 JAKARTA Bloomberg PT Trimegah Securindo Lestari, Indonesia's third largest stock brokerage by market value, said it plans to offer online trading to investors this year and expand its business. "We think we can start the business this year," said Avi Dwipayana, president
      Bloomberg  -  206 words
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      21 13 fFits the job to a tee. /ill blossom in the post. Find the right candidate. IfoStroiteTlmeß Calll tOO 74 llltl 1
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      122 13 Rationalisation Sale Papua New Guinea's newest and largest commercial office tower centrally located in Port Moresby's CBD, with 15 floors of efficient, modern commercial space. The building comprises approx' 15,000 M 2 with 4 high speed lifts, 206 underground cars spaces, full time backup power and water. Built to the
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      22 14 Lost iiour m Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. Buy It S«l It Find It.
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      1400 14 Overseas Union Trust Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Trust Limited is pleased to announce 1 AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1999 The Croup The Company 31-12-99 31-12-98 31-12-99 31-12-98 SS'OOO SS'OOO SS'OOO SS'OOO Interest income 84,001 103,025
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  • EAST asia
    • Article
      Lock icon Chinese Web site in backdoor listing
      582 15 HONGKONG RenreiLcom, partly owned by News Corp, buys car distributor Ankor for HKs229m Reuters Bloomberg NEWS Corp and a group of in--1 vestors in Chinese-language J Web site renren.com agreed to pay HK$229 million (5550.3 million) to take over Ankor Z Group Ltd, an
      Reuters; Bloomberg  -  582 words
    • Article
      Lock icon US draft resolution urges China to ensure human rights
      627 15  -  Move seen as US' two-track approach to trade ties with China Froml D Ravi Kanth inGeneva THE Clinton administration is preparing the ground for moving a strong resolution over the escalating violation of human rights in China in the 56th session
      627 words
    • Article, Illustration
      Lock icon Taiwan stocks slump on election concerns
      367 15 Bloomberg, AFX-Asia TAIWAN stocks, which were propped up by heavy pension fund buying on Tuesday, slumped yesterday to its lowest level this year, on concern that the opposition could win Saturday's presidential elections, hurting fragile relations with China. The key TWSE Index fell 195.55,
      Bloomberg,; AFX-Asia; Source: Bloomberg; REUTERS  -  367 words
  • SOUTH asia
    • Article
      Lock icon Clinton's visit to mark turning point in ties with India
      473 15 NEW DELHI Increased investment and trade expected to be iey issues covered AFP INVESTMENT and trade are expected to form the twin foundations of a new Indo-US relationship to be forged during US President Bill Clinton's visit to India next
      AFP  -  473 words
    • Article, Illustration
      Lock icon Murdoch to invest in India
      224 15 NEW DELHI USsloomset aside for film studio, optic fibre network AP. Reuters MEDIA baron Rupert Murdoch will invest US$lOO million (Ssl7l million) to set up a film studio near Bombay, India's financial capital, and wire the metropolis with an optic fibre network, Press Trust of
      AP.; Reuters; AFP  -  224 words
    • Article
      Lock icon India mulls debt recovery bill
      209 15 NEW DELHI Bloomberg STATE Bank of India Ltd, the country's biggest commercial bank, and other state-owned banks are set to benefit from a plan before the nation's parliament that gives more power to debt recovery tribunals. A bill to amend the Debt Recovery Act erf
      Bloomberg  -  209 words
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  • WORLD news
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      Lock icon Paris, Dutch, Belgian bourses in talks
      540 16 LONDON Combination will stand op well against Germany's Nener market; France's position will strengthen Reuters THE Paris, Dutch and Belgium exchanges are engaged in cooperation talks which could signal the start of a process of consolidation of European bourses. The talks, first reported by
      Reuters  -  540 words
    • Article
      Lock icon Sharp oil price rise may stall global growth: US envoy
      470 16  -  From Anthony Rowley in Tokyo A SENIOR US official yesterday issued a blunt warning about the consequences that the recent sharp rise in oil prices could have for the world economy. "There is a risk of inflation in the US
      470 words
    • Article
      Lock icon C&W selling Optus stake: analysts
      436 16 Optus is likely to attract plenty of bidders, including Sing Tel LONDON Bloomberg CABLE Wireless Pic, the UK's second-largest traditional phone company, may soon sell its Australian business as it shifts its focus towards being a data and Internet company for businesses, analysts say. The
      Bloomberg  -  436 words
    • WORLD Watch
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        Lock icon HSBC targets rich with new service
        35 16 Reuters [LONDON] HSBC Holdings pic launched a world-wide banking service for rich customers yesterday. Its fee-free Premier service was aimed at customers with £80,000 (S$80,000) in savings and investments.—Reuters
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      • Article
        Lock icon Cisco targets 20 to 25 more acquisitions
        67 16 Reuters [NEW YORK] Networking equipment maker Cisco Systems Inc will speed up its acquisitions, with a goal of buying 20 to 25 more companies within the next year, the Wall Street Journal reported yesterday. In a speech at an investor conference, Cisco chief
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      • Article
        Lock icon Thomson-CSF swings into the black
        94 16 Bloomberg [PARIS] Thomson-CSF, Europe's biggest makar of defence electronics, said it swung to a profit in the second half 0f1999 and for the ftill year, with growth coming mainly in avionics, communications and airborne systems. Second-half net income was 71.8 million euros (Ssl 15 million),
        Bloomberg  -  94 words
      • Article
        Lock icon BASF sees higher gain in next 3 years
        54 16 Bloomberg [LUDWIGSHAFEN, Germany] BASF AG indicated fourth-quarter profit rose 82 per cent as Europe's biggest chemical maker posted gains from selling businesses. BASF also predicted higher income in the next three years. Net income rose to 606 million euros (511.2 billion) from
        Bloomberg  -  54 words
      • Article
        Lock icon France growth seen at ever 3% this year
        70 16 AFP [PARIS] The French economy is set to grow more than 3 per cent this year given current trends, Bank of France governor Jean-Claude Trlchet said yesterday. "Growth of more than 3 per cent seems to us to be fUIly confirmed by
        AFP  -  70 words
      • Article
        Lock icon UK unemployment at 20-year low
        48 16 AFP [LONDON] British unemployment fell to a 20-year low in February, when the number of people out of work and claiming benefits dropped by 6.700 to 1,154,400, leaving the jobless rate at 4 per cent of the population, official figures showed yesterday. —AFP
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    • Article, Illustration
      Lock icon Violent Teletubby games irk BBC
      216 16 ■LONDON AFP THE BBC is not amused. It plans legal action against the makers of a new computer game in which players can blast little Teletubby Po off his scooter with a machine gun, BBC officials said yesterday. "Tubbie Terror", which can be downloaded from
      AFP  -  216 words
    • Article
      Lock icon US Q4 trade deficit widens to US$99b
      290 16 WASHINGTON Bloomberg THE US trade deficit in goods, services and investments widened to a record in the fourth quarter and for the whole of last year, as imports grew faster than exports and overseas investors earned more on their US holdings, government figures
      Bloomberg  -  290 words
    • Article, Illustration
      Lock icon So hard to catch latest Stephen King ghost
      301 16 NEW YORK AP GETTING a copy of Stephen King's new ghost story is proving to be a nightmare. Riding the Bullet is av&Uahle only on the Internet and was made available at 12.-01 am on Tuesday. Web sites including Amazon.com and barnesandnoble.com
      AP  -  301 words
    • Article, Illustration
      Lock icon BMW may sell money-losing Rover unit
      846 17 Sell-off one of several scenarios being presented to supervisory board NYT, Reuters [FRANKFURT] In a startling about-face, BMW said on Tuesday that its supervisory board would consider selling most of Rover, the money-losing British carmaker it bought six years ago. In a statement issued
      NYT,; Reuters  -  846 words
    • Article
      Lock icon Xerox, Sharp, Fuji Xerox in printer hook-up
      432 17 NEW YORK Move is part of plan to challenge Hewlett-Packard Reuters XEROX Corp has formed a US$2 billion (553.4 billion) alliance with Japan's Sharp Corp and Fuji Xerox to deliver faster, cheaper inkjet printing products for use in small and home offices, part
      Reuters  -  432 words
    • Article
      Lock icon Dutch KPN to float 20-25% of its mobile phone unit
      375 17 AMSTERDAM Offer with indicative value of 6-&75b euros to take place in June quarter FT THE mobile phone division of KPN, the Dutch national telecommunications company, is likely to become one of the biggest European telecoms offerings this year when
      FT  -  375 words
    • Article
      Lock icon Boards approve bank merger
      342 17 FRANKFURT Bloomberg Reuters, THE supervisory boards of Deutsche Bank and Dresdner Bank approved on Tuesday the banks' merger as unions pledged to fight planned job cuts. Both banks said in statements that they could now prepare for the planned merger and for shareholders meetings in November
      Bloomberg; Reuters,  -  342 words
    • Article
      Lock icon Oracle beats forecasts with 80% profit rise
      379 17 SAN FRANCISCO Cost-cutting, strong softw&re sales cited for Q3 earnings jump NYT BUOYED by strong sales of Internet software, Oracle Corp reported on Tuesday an 80 per cent gain in third-quarter earnings, exceeding analysts' estimates. Oracle said progress on its stated goal of
      NYT  -  379 words
    • Article
      Lock icon Four Japan trust banks in tie-up talks: report
      408 17 TOKYO Sumitomo, Daiwa, Chuo and Mitsui issue denials Reuters ALLIANCE fever is spreading through Japan's debtplagued finance sector. A day after three Japanese banks unveiled a plan to create the world's third-largest bank by assets, a newspaper reported yesterday four Japanese trust
      Reuters  -  408 words
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  • FINANCE & commodities
    • Article
      Lock icon Futures see choppy trading at a discount
      244 18  -  SQI Derivatives TrtMaglieporLs MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stockmarket closed lower yesterday on light and lacklustre trade as the shorter T+3 share settlement period kicked in and ahead of the public holiday today. The Straits Times Index yesterday closed
      244 words
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      Lock icon Panic selling pulls futures down by 2.5%
      225 18  -  MSCK Taiwan Moral Seow Hock Hin Refco (Singapore) Pte Ltd TAIWAN stocks ended down 195.55 points or 2.21 per cent at 8,640.03 on the back of continued political worries and Nasdaq's overnight tumble. Large capitalisation stocks like Taiwan Semiconductor and United Microelectronics were
      225 words
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      Lock icon Oil down on output hike hopes
      185 18 ENERGY REPORT Reuters [LONDON] Oil prices retreated yesterday on strengthening signals that major producers will free up supplies to sate thirsty refiners at the beginning of the second quarter. North Sea benchmark Brent Blend crude for AprU delivery had fallen 62 US cents to
      Reuters  -  185 words
    • Article
      Lock icon CURRENCY REPORT
      325 18 Reuters London THE yen rebounded from losses suffered earlier yesterday in the wake of intervention by the Bank of Japan (BOJ) to sell the Japanese currency for US dollars for the third time this year. In early European trade, the US dollar rallied to a high of 106.20
      Reuters  -  325 words
    • Article, Illustration
      Lock icon Untitled
      1112 18 iwfiLKBAMn CROSS RATB8 Mar 15 Hr fcn Htt H4H11* Yw lug m fflWb Nw 1$ *—< Sir KT$ WPwK W< I 0Jr7 "90 0134 4.156 1240 4774 ********** 0149 6158 2130 1259 ***** 25.103 1049 3.968 1021 ***** ***** 0.390 0H3 "73 0.70* <634 1362 1321 29.*****651 0724 7645 2.598
      1,112 words
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      Lock icon Untitled
      1696 18 BOOM FUTURES Marl 5 MMEI (Marts CM* m at 130*m) BSY CONTRACTS CMts/b|) CtOM VotMM Opt* Montt T Ty law Soft (ton—«) hrtomt %00 115.00 00 1T7.00 Am 00 120.50 120.50 120.00 600 600 Jul/S#p 00 123.50 300 RSS 3 CONTRACT (UScaad/ka) VotaM Optn Mowt* Kjq*i Low Sott tNiPP# mV:
      1,696 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng suffers 3rd straight day of losses
      2545 19 HONGKONG AFP Q Hang Seng -18L96 HONGKONG share prices slipped 1.1 per cent yesterday on continued selling amid weaker regional markets after overnight falls on Wall Street, dealers said. Chief among their worries are Taiwan's presidential elections on Saturday and next week's
      AFP  -  2,545 words
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      Lock icon CHINA
      934 19 Reuters, AFX-Asia QSheozhenß Index -455 SHENZHEN'S hard currency B shares closed slightly down in thin trade yesterday as many investors kept to the sidelines ahead of Taiwan's presidential election. The B Share Index edged down 0.55 of a point, or 0.69 per cent, to 79.70 as turnover fell to
      Reuters,; AFX-Asia; Source: Credit Lyonnsis Securities(Asia) Ltd  -  934 words
    • Article
      Lock icon TAIPEI
      353 19 AFP OWPMn -196J6 THE Taiwan stock market fell a ftirther 2.2 per cent yesterday as government intervention measures failed to quell nerves ahead of presidential elections, dealers said. Government-related funds poured an estimated NT$lO billion (S$G54 million) to shore up share prices and lift the market early, particularly in
      AFP  -  353 words
    • Article
      Lock icon Late tech buying stems Nikkei fall
      1922 19 TOKYO AFP Oifimag -KU4 SHARE prices in Tokyo closed barely lower yesterday as late buying in infor-mation-technology issues offset most of the earlier losses following a plunge on Wall Street, brokers said. The key Nikkei-225 Average lost 63.24 points or 0.3 per cent to
      AFP  -  1,922 words
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      47 19 wvfstwwpcwcrFouo I Umttd I Shirts. Bonds. Stocks. Annual Rtports. B3 -> I Whatever you're offering, we help you reach out If I adults in Singapore daily. ~m I I «criarT K«t****** I c jfjp-.- The Straits Times The Business Times L anhe Zaobao Berita Harlan Tamil Murasu 1800-741-1883
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  • STOCKS klse
    • Article
      Lock icon Untitled
      8034 20 INDUSTRIALS *000 Last Day KM Ca» t— Clim Mi -000 High L— P/I |m8 420 310 Ajlnomoto 1M unch 1 356 3M 223 1443 138 91 Angkasa 106 1 133 >06 101 154.3 »0 ApodoFoodWg .454 -4 24 456 450 103 WL6 T22 393 285 2 «oo 12.7 ***** ®°2
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      Lock icon Jittery investors weigh down KLCI
      342 20 AFP, AFX-Asia kl Composite Index jjjj MALAYSIAN shares ended 1.2 per cent dowm yesterday amid a lack of fresh leads and Wall Street's overnight fall, dealers said. The Kuala Lumpur Stock Exchange Composite Index closed down 11.56 points at 920.49. The Second Board index was
      AFP,; AFX-Asia  -  342 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3223 21 BONDS A WARRANTS Mar 15 ■t Ml M IHM LmI M tar U. 1*1111 >H InM Cam to Mm MM u» if r 11)11| j*» »«r- <•—t l» —m m» ntm m» •■on-t i* 104 123 > MO *AcorWOIQ731 US$ 44.5M 1 1 33J i HA U 267 M 80
      3,223 words
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      Lock icon BANGKOK
      735 21 AFX-Asia Q SET latex -14J7 THAI share prices closed sharply lower led by banks and financial stocks. The SET Index yesterday closed down 14.17 points or 3.53 per cent 386.20, off a high of 402.48. The SET 50 Index closed down 1.09 points at 27.73. Declines led advances 172
      AFX-Asia  -  735 words
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      Lock icon MANILA
      281 21 AFP FlCwnptate Index jjff THE Philippine Stock Exchange Composite Index yesterday gained 5.27 points or 0.3 per cent to 1,638.60, in volatile trade amid a festering share price manipulation scandal. Volume was 7.2 billion shares worth two billion pesos. AFP *r» Nw rmm mrc amm o.eo -0.03 k»o Abacus
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      Lock icon JAKARTA
      673 21 AFX-Asia POompogte Index +QJ6 JAKARTA share prices closed higher with local support offsetting light foreign selling on regional weakness, dealers said. The Composite Index closed up 0.95 of a point, or 0.16 per cent, at 586.87 on volume of 404.6 million shares valued at 457.9 billion rupiah. Advances outnumbered
      AFX-Asia  -  673 words
    • Article
      Lock icon WELLINGTON
      275 21 AFP □IBSE-40 -2SJ6 THE main NZSE-40 Index yesterday dipped 25.85 points to 1,956.46 on turnover of NZ$7l million. Air New Zealand's B ordinaries, which can be held by offshore investors, jumped 14 NZ cents to NZ52.49 and its restricted A shares eight NZ cents to NZ$2.O2. —AFP mra ctm
      AFP  -  275 words
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      Lock icon SYDNEY
      547 21 AFP QAH Ordinaries -23J THE Australian Stock Exchange's benchmark All Ordinaries Index lost 23.9 points to close at 3,163.5. National turnover totalled 993.9 million shares worth A 11.83 billion, with 970 losers, 634 advancers and 447 remaining steady. The All Industrials Index sank 46.4 points to 5,617.8 while the
      AFP  -  547 words
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      Lock icon SEOUL
      307 21 AFP Q Composite Index -9.21 THE Composite Index closed down 9.21 points at 837.53, off a low of 820.30. Volume was 310.9 million shares worth 3.3 trillion won. Gainers led losers 310 to 151. AFP IkrlS Wm *fAnam Sami ***** WOO Brain Tacti 1990 *80 Cantral Bank 2740 -220
      AFP  -  307 words
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  • Article
    Lock icon STOCKS sgx
    8129 22 SGXMAIHBOARD Transaction date: Mar 15 Or 8r M Wt Laa« Val Day UitOiwti Otv Mr VM Nat Cm Avg WN* I— UM» Ci«nm> t*» COOP) HMO U» Bror BaBar Or P/K $3 Mm MKTMMUSTVY 182 69.5 mc 1000 AcmaSOc 131 unch *****1130 130 131 10 3* 18 10.7
    8,129 words
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      Lock icon Page 23 Advertisements Column 1
      237 23 A&W gffi^^Us4s "Tunch" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. "lunch" from 12 noon 4.30pm *15.80 (Adult) *11.80 (Child) "Tunch Karaoke" from 12 noon Bpm *21.80* (Adult) *17.80* (Child) /ofnas miftrl to ftmrr (Iwgt if pnt
      237 words
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      Lock icon Page 23 Advertisements Column 2
      31 23 Savour traditional Beijing Duck at Pine Court Chinese Restaurant today, j 10 to 31 March 2000 Reservations: 831-6262/6 Savaparr SPSS 33J Orc+urd Ro*d. Swgiporr 2JM67 W 717 4411 Fax: 712 2>61
      31 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 1
      908 23 TVM ftl ~m HHHHHM Cinema, Cinema. Cine- pean Latin. Denmark I 9.00 AM Kids Central: Pip 4JO Showbuzz OJO IrS,,. n—. 100 Ice Skating: Katarina mKr I The Appleseed Knight. cSdetod l£ao tESF&& P2?, Unan Witt Divas on Ice. WHF W&SKmr Sfc- M Polka Dot Shorts. £5o Gotcha' Sloo Palsu
      908 words
    • Miscellaneous
      Lock icon Page 23 Miscellaneous Column 2
      244 23 CRYPTIC CROSSWORD ACROSS 4 Hiding defeat (7) 6 A diet meal, in part minced (10) 5 Paying tor cotonisatton? (10) 8 Stop offering support (4) 7 Exotic Argentine fruit (9) 9An indMdual T-shirt with no back 8 The player's sustained (9) (9) 10 Walker turned to jelly (3) 11 Sound
      244 words
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  • BY DESIGN
    • Article, Illustration
      Lock icon Take a seat—please!
      599 24  - Take a seat —please! Chairs are also works of art and windows to the recent past, as oorimme kebk finds out CORINNE KERK Remember that 1960slooking spherical armchair (if you can call it that) in which actor Will Smith sat in the film, Men In Black? Well, you can now
      599 words
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      Lock icon New homes for sale
      240 24 developer district location size total untts no.of price tenure I >,"■! I I I <*»*> LAUNCHED UNTTS90LD River Place FEO 3 Havelock Rd 678-3,229 509 353 950 99-yr Kasturlna Lodge Gold Bull Hldgs 9 KayPohRd 753-1,044 60 22 1,025 FH Avalon Pidemco Land 10 Anderson Rd
      240 words
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      297 24 Collective Sale ONE TREE LODGE v. Prime Freehold Residential Site Ns. at One Tree Hill/Grange Road Site Area: 33,966 sq ft DGP Plot Ratio 2.1; up to 20-storev I I CWBCAOB3/w/ Situated within a prestigious residential enclave 2 Close proximity to Orchard/Scotts Road Shopping Belt X Tendar closas: 22 March
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  • COMMENTARY
    • Article, Illustration
      Lock icon More than just rate increases
      1756 25  -  Land owners may be the unwitting losers under the latest round of changes In the development charge system, argues LEE BON KXUN LEE HON KIUN The writer is executive director of DTZ Debenham Tie Leung THE recent changes to the development charge system has thrown
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      98 25 convenient easier faster simply prime inner city locations, access on up-to- way of enjoying click the button for all with easy public transport date information the resort-lifestyle you need to know on to schools, universities and on residential in Melbourne city. investing in Melbourne all Melbourne has to offer. freehold
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      431 25 j4mana Refrigerator Freezers Th« H«WM kallHa r«(rl9«r»Ur SXDS22VECNT 22 cu ft 620 litres Buft-in. Side by-s»oe Ice'N Water™ Dispensing Refrigerator. Black with Stainless Steel door wraps and Sobd Stainless Steel handles ROHmu li i 4 il/lI jllBlg' Sfe Birr- JH S ■HI f: f -fp Whomtoom toad «(»-43F C«nif«pc»nt Smgapo**
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  • EXECUTIVE Suite
    • Article, Illustration
      Lock icon Soft launches for three Centrepoint condo devts
      468 26  -  Projects once held as investment properties for rental income By\ Kalpana Rashiwala CENTREPOINT Properties has soft launched three condominium projects it had earlier intended to keep as investment properties to be held for rental income. The three are two freehold projects The Petals
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      Lock icon Brains in the building
      902 26  -  A fully remote-controlled apartment isn't too far-fetched an idea, developers tell amdrea tan. In fact some flats coming up will be equipped with as much high-tech gadgetry as the builders can get their hands on ANDREA TAN. THE condominium of the future could centre around the
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      97 27 Bridge News Reuters THE dry cargo freight market saw a 15 point fell in the Baltic panamax Index to 1,595 which was largely caused by a change of sentiment in the Atlantic, brokers said. The Baltic Dry Index (BDI) dipped four points to 1,145, while the Baltic Capesize
      Bridge News; Reuters  -  97 words
    • Article
      Lock icon MARITIME STOCKS
      62 27 aa m *t- <m 3jpw«wi«Cor»—SJC -0.05 173 *W»tUU> tW OOT 5» 52 J" KNnHn 5.75 -CM 40 M**» ?i* QJM 73 g HQMRONO 5§S 1M0 AMkl4U*V LM 0.06 SI causNpywd LM «di 0 MMrtOit ise -0.0* >ssi s WMU 1.00 unefcV 0 mgrw mn o.2» £d> 0 WBIMWHB
      62 words
    • Article, Illustration
      Lock icon Quality shipping meet may miss EU perspective
      437 27  -  Senior EC official may be unable to address first-day session of seminar By George Joseph [SINGAPORE] A major initiative by Singapore to host a quality shipping seminar here next week may sorely miss the presence of a senior European Commission (EC) official if
      SEATRADE REVIEW  -  437 words
    • Article, Illustration
      Lock icon Rolling times on high seas
      87 27 [ST THOMAS] A member of the pool-bar staffspinning his tray as he dances with passengers aboard the Royal Empress cruise on its way from St Thomas to St Marteen recently. The cruise ship industry is booming, earning more than US$l billion (Sfl. 7 billion) in
      AP  -  87 words
    • Article
      Lock icon Asian Terminals H1 profit surges to 217m pesos
      441 27  -  From, Alec Almazan in Philippines THE Philippines two major port operators, Asian Terminals Inc (ATI) and International Container Terminals Inc (ICTSI) both reported a dramatic improvement in performance last year. ATI, which operates the Port of Manila's international South Harbour terminal announced
      441 words
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      Lock icon Philippine ferry captain charged
      145 27  -  Byi Alec Almazan [MANILA] The captain and chief mate of a passenger ferry which sank off Bantayan island in central Philippines on Dec 23 last year have been charged with manslaughter and physical injury chargin the tragedy that left at least 58 people dead. The Coast
      145 words
    • US logistic industry
      • Article, Illustration
        Lock icon Truckers in online drive
        584 28 Six US trucking firms plan to combine freight-management units into an Internet business called Transplace.com Bloomberg [DALLAS] SIX major US trucking companies plan to combine freight-man-agement units into a jointly owned Internet business to help lure shipments from rivals and cut costs. J B Hunt will
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      180 28 PACE DSR-Senator 4 ACL 6 O*" 5 AMI 3 DM*Uo*d 8 t Accord 8 [>on Mm4 3 Appensh* 5 tr4W Austral 8 ECL Balaji Sim 5 Evergreen 6 Foooa Sun 8 B'UnfMts 8 CCttl 7 rxmrtrtnt A CMA 8 J W» 5 Han|in 3 CSAV 3 HeungA
      180 words
    • Article
      Lock icon SHIPPING GUIDE
      17278 35 THEBUSINESSTIMES EXPORT ETA ETA Advwttaar Vassal Voy*q« Talaphona ETA ETA Advarttsar VnMl Voyaga Talafiona SIN Dtlt'n Nama Now Numpar SiN DasTn Si ma Nama Numfr 06/04 M/04 HaMIn ITHA BHUM 492 *5-32*0235 T» ABIDJAN (ABJ) 2003 Cota D'lvolr# To BUENAVENTURA (BUN) 2059 Colombia 29/03 BAH COSCO LUOBAHE O0I9W
      17,278 words
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      180 28 Keep in Touch 1 When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com sriiprr.E!ric Summary I. I SENLIM AGENCIES PTE. LTD. 133, Naw Bridga Road, WB-00, Chinatown PoM
      180 words
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      Lock icon Page 28 Advertisements Column 2
      590 28 Lines services represented by Members of the Registry of Members of the vijpjF'V Accredited Shipping Agerrty Singapore Logistics Association. s'pore Notional Shipping Assoc. |jj ULY UNE MALE I vessel VOY Ett flu Ett f. mm sfoti mi Princess Lily VO2OO 13/03 17/03 25/03 Empress lily VO3OO 29/03 31/03 07/04 Princess
      590 words
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      1004 29 SAX SERVICE (DIRECT) vesa w |»m iax I oak I pal hou I<h Icq jmm j<n wrc awsammmyx om 30/03 13/04 u/04 i«/ 04 u/04 i«/ 04 it/n u/04 u/04 19/04 tfITOUMMUt 0331 OS/04 20/04 25/04 25/94 25/04 g/04 25/04 2S/04 »/04 20/04 om 12/04 27/04 02/05 02/85 02/05 02/05
      1,004 words
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      1349 29 HANJIN SHIPPING !kFI illiEWpil* -S*s ****** r— HAIUW swmwc (S) rn LTD an, KXXmG 232P23W37 am *****24 231 DOflJMtfT *****7127< OfatflOtt ******251 mm UK *****55 FU 222ttt4 (lie liuw^m. TO NW USA A CANADA USA CANADA* mn/m I"■ I naisTwi [»i i„i w|,,i„ i i |m m «m mm mm
      1,349 words
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      194 29 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONG KONG FOR ENQUIRIES, PLEASE CALL 220 8558 consolidation, warehousing, transportation, I wmmtm household removal and car transporter LCL CONSOLIDATION SERVICE An tffiliite ot Mitsui OSK Lines/Hal Sun Hup Group Cm§tr Expms loyttfcs Ptt IM PE?™m>N JJt spore 30 Boon Lay Singapore
      194 words
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      1638 30 DSR-SENATOR LINES TO UK/CONTINKNT TO MKDITERRANEAN^CANADA ■■ML VOY Ml LtH HUH AMI HUM WW FU Vtssa WT MT gl FM ftC MTB HMUNinaCN M4IW 110 11 M 11M DM MM 11 M CHOYANBIUCCBS M42W ITU CM MM MM MM KM MNJM SAM FRANCISCO MI«W MM M M MM M M
      1,638 words
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      770 30 |*Afl MAC-NELS S'POAE M'SIA j rrrrr] MN CONTB LINES, HIC p. GUDANG: (07) 3M3728 Wv/XhJ 8«U: (064) *****9 MANHJL (632) 64)4424 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 KELAWQ: (03) *****77 JKTi (21) *****46 KUCHNQ (flgg MANILA BARCELONA MV "LT EUROPA" V.*****N-019 MV "EVER GIVEN" V.0739 ETA SIN:
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      665 30 nrnrrr rnimum imim mn n im mi imd M—wrni n—ii ALSO ACCEPTING TO ALL NORTHERN AND WESTBW 1.C.0. POWTI «B»i I POK N SHEVA COLOMBO PKLAK CAPE CANAVERAL V.I2SW It MAR 21 MAR BAN HAM TULSIOASVI22 it MAR M APR HAM II APR CAPE CREUS VIMW 02 APR 11 APR
      665 words
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      1779 31 VESSEL VOY KHH HKO SIN PKO PXB DMM I BA BIK IRAN BAAKERI PCL-146 15/03 17/03 21/03 22/03 01/04 02/04 04/04 00/04 IRAN HESABI PCL-147 22/03 24/03 28/03 29/03 08/04 00/04 11/04 13/04 IRAN SHAHRYAR PCL-148 20/03 31/03 04/04 08/04 18/04 18/04 18/04 20/04 IRAN BAABAEI PCL-149 08/04 07/04 11/04
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      1104 31 MWgWTKf 1 <3? WW Am 2000 I SIN/jWUK^tf^ J I GENERAL AGENTS IN SINGAPORE 80 RORINSON RD TEL 226 1900 FAX: *****0* OUTWARD (•/U~^^2os!o? l,,, ToHo!rOfFl^™™ I™™™1™™™ BM l COSTAR SHIPPING PTE LTD #12-00 SALES/KGS *****57/43 INWARD DEPT (O/O) *****85 COSTAR AGENCIES (AA) SMI BHD CRNO: *****M0000M SINGAPORE *****8 CONVENTIONAL
      1,104 words
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      Lock icon Page 31 Advertisements Column 3
      737 31 export I import" ACCBTMt CAMCBIOI HNOfc I) WW ■EM»UVBI MO&COWC ST KTHKHM VIA NAM 7) MdWßf VU Iff TRANSPACfftC SiBVICI EXPORT -ra«si*>anMte/uaMSMLT/s<a-wffioi ttrtkmire IMPORT VBSfl I VOT I SM LGO (Mj lIOTIOXIOOOBIBt IIMUMr VBS& VOT ic» AU tm KJ pats 01M .19/03 >704 10/04 HJSAIWAiWSCO 6l*W Tj Bg HJ WASHWGTOH
      737 words
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      1346 32 EUROPE/UK/SCAMDINAVIA/RMUmO/BUSSIA S6P ROM ANW HOG THP ZE£ LHY LHV THP ROM ANW HOG PU. UP E OIVINE RW-000 IMB lU4 12H7 00*4 IM4 11*4 12*4 E. REPUTE REO23 ***** 2M12 2MB 27*2 29/02 10*3 20*3 E DEU6HT RW-011 2MJ3 IVS4 11*4 IVM 17*4 11*4 19/04 E RACER RE*3l 02*3 04*3
      1,346 words
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      Lock icon Page 32 Advertisements Column 2
      930 32 r P ADVANCE CONTAINER LINES (PTE) LTD A \_f L- TEL: *****21. FAX *****18, TELEX RS ***** ACLK. FOB BOOKINGS PIfASC CALL: *****22 SALES A MARKETING *****21-29 OPERATIONS: 2212MU *****06 CR NO. *****M0000E ■AWOKOSt ?«*«—<-a> JAKAKTA •(7 liM inWii .U vasa voir mt not vaa I voy i xr KPtASBB
      930 words
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      Lock icon Page 32 Advertisements Column 3
      408 32 50 TBJK BLANGAH ROAD 06Ml CmPORT COT* STORE *****0 TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** Cfl NO. **********0W rasa wr eta etc obiom» won bom Mm nnan pwtmnm mum nnim umam hlvim wan üßßttuaa ummi rarwuK MNaunw 12CH ZMISM 2UUM kUmX For Moalri«t and bookiags pkm nmUct
      408 words
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      1523 33 mm. MYANMA pBBk FIVE STAR LINE (MyMmr National Lis*) Loading for Tango* (Rangoon) VBS& VOT SM PH PM PGU HPA-AN 247W SIS SA6AMG 44W 22/03 ■ALATSIA AGENTS: OOUSTIAO SMPPMG AGENCIES KM: TB (03)*****00 PIL Til (03)37M101 PBt IH (M) 2****** PGlfc IH (*7)*****21/4 M BANK LINE (A Mrvk* Andrtw Htk
      1,523 words
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      Lock icon Page 33 Advertisements Column 2
      519 33 vOOv WALLENIUS WILHELMSEN TO WORTH AMD LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE" ivnsa Ivor imr i man| «|m |m M lai Iw Imlw Im I "H7SJ 10/o4 04/03 i/M 00/oj n/oi u/os u/os 10/0S iVos s 22! 22 ST !i! 11(2 n n/,! H/H E= 1 |CM H/M >1/04 03/04
      519 words
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      1832 34 INDONESIA NATIONAL LINE TO AUSTRALIA I WJLL COMTMWEW BQWICK y% _WT WO SOI wis ill 8 w m.MUU B/W2l/W «/«OV»4 04/04 17/ M USUUI ~m E7/ÜB/B O/04 J 01/04 11/04 H/U T iuwhw ~~m p/04 04/04 1 14* it* ti/o> mnott m 14* 11* iy/04| n* n* m/m FEEDER SERVICE
      1,832 words
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      64 37 (sir. KYOWA LINE STL CONTAINER LINE Direct Breakbulk/Container/LCL For Services To M ce 10 > Vietnam Calcutta M iu WSa pJ Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri Pg 6 See Page 7 Daily STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe To CACT M&I AYCIA MIDDLE
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  • SHIPS IN PORT
    • Article
      Lock icon CONVENTIONAL WHARVES
      402 38 Voy No Borth Arrival Departure JwMfNrt 4 KJPOO J17 05/03/9:15 05/03/800 s 2001 J17 05/03/700 06/03/1800 H LMUri I ***** XI 05/03/12-30 05/03/2300 ***** J01 05/03/11:10 05/03/2300 T u "> 2* JOS 05/03/17:00 06/03/1700 Cipritor *****0 J12 06/03/7:15 ***** J01 06/03/800 06/03/1800 2 13 X>3 06/03/800 07/03/800 »"«t*
      402 words
    • Article
      Lock icon CONTAINER SCHEDULES
      1774 38 RECEIVING Of EXPORT Fa CONTAINERS AND LCL CARGO Bookkq/MMC* Rstb SMp Voy No Etb/Btr Ported from To From AlAMJATA 2 0442 17/7:30 U 15/800 8/854 8/1400 vvx iyit« vmw 2A 8/1700 MA894 8AM a 8/1700 *0451 4,'VXX i NAM wm *--«c 4 8/1200 8/1454 8/1700 jtfiMtre DM mmm
      1,774 words
    • Article
      Lock icon GLOBAL HOLIDAYS
      206 38 Maris 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 Taiwan: Women Children's Day. Apr
      206 words
    • Article
      Lock icon COCKETT BUNKER MARKET REPORT
      778 38 THIS report, compiled by Cockett Marine Oil Ltd. shows price rangsa in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and the
      778 words
    • Article
      Lock icon VERITAS BUNKER QUALITY REPORT
      459 38 Carta* MO Ma 992.2 0.9 15.9 0.10 75 0.05 iter* OMSity Mk IhMm A** MwlnHa StatawM No Mow £25 1 0 1 0 0 0 380 Aw 968.1 0J 13.7 0.06 48 0.02 turn 380 Ma 998 9 S.9 17.5 0.M 270 0.07 ■win %in »M/M
      459 words
  • Page 38 Advertisements
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      100 38 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
      100 words
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  • AIR & LAND transport
    • Article, Illustration
      Lock icon US considering sanctions if EU bans hushkits
      724 39 Washington may keep Concorde oat of the country and impose curbs on AfIXX; official Bloomberg [BRUSSELS] The US may consider keeping the supersonic Concorde plane out of the country and imposing sanctions on a new super-jumbo jet being developed by Airbus Industrie if
      Bloomberg  -  724 words
    • Article
      Lock icon US Airways' 7-day shutdown will cost US$300m: union
      516 39 Bloomberg [ALEXANDRIA, Virginia], US Airways Group would lose US$3OO million (Sssl2 million) in a seven-day shutdown should the carrier suspend operations as threatened if its flight attendants strike on March 25, their union warned. Even a one-day shutdown would cost the sixth-largest
      Bloomberg  -  516 words
    • Article
      Lock icon PAL recovery seen in 5 years
      238 39 AFP [MANILA] Philippine Airlines (PAL) will be completely rehabilitated in five years, about half the time originally scheduled, the carrier's chairman Lucio Tan said yesterday. Mr Tan said the airline, on the first of a 10-year rehabilitation plan approved by the Securities and Exchange
      AFP  -  238 words
    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1526 39 OTY FlIGHT ETA FUCHT ETO JUaUMt 8A7381 1930 8A7382 2050 JJJ *gL 0f81 1930 Of 82 2050 —■p>M ***** T91C C2352 0635 AM229 2230 C2353 2045 S0604 1015 MSSS H«M< VW741 1310 VH740 1410 S0229 2230 50VM79 *35 AWMm SO23 0650 6A974 0120 WS0743 1925 ******
      1,526 words
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  • LOGISTICS page
    • Article, Illustration
      Lock icon The Sony express
      535 40  -  FedEx will be the logistics backbone for the electronics giant's e-commerce site selling new Valo notebooks By] Donald Urquhart [SINGAPOR] Federal Express is leveraging on its transportation and logistics capabilities in providing the backbone for Sony's new e-com-merce Web site. Opting for an electronic store front to
      ARTHUR LEE  -  535 words
    • Article, Illustration
      Lock icon Circle Int'l bags Pan-West air freight contract
      283 40  -  -By Donald Urquhart [SINGAPORE] Logistics solutions provider, Circle International has recently been awarded an exclusive contract for all air freight consolidation by golf equipment and accessories distributor, Pan-West (Pte) Ltd. The 30-year-old Pan-West is the sole distributor for some of the world's top
      283 words
    • Article
      Lock icon YCH marks foray into mobile commerce
      369 40  -  M-commerce technology to be used In new supply mgt system Byi Ann Toh [SINGAPORE] Homegrown logistics operator YCH Group has ventured into developing mobile-commerce (m-com-merce) technology for its new Web-based supply chain management solution, Intrabution Management System. M-commerce is e-com-merce conducted using mobile phones
      369 words
    • FAST Track
      • Article
        Lock icon Emery broadens Indian Airlines pact
        106 40 [SINGAPORE] Emery Worldwide has expanded its agreement with Indian Airlines for cargo transportation from Singapore to India by taking an additional 50 per cent of guaranteed, dedicated cargo space on its daily flights to Madras and other Indian cities. The new block space agreement represents
        106 words
      • Article
        Lock icon AceFusion.com inks Ossia agreement
        64 40 [SINGAPORE] Ace Fusion.com, a Singapore-founded start-up providing Internet-based supply chain and fulfilment services, has signed an agreement with sports distributor Otsia International to provide Web-baaed supply chain management services through its e-fulfllment portal. The agreement will involve $900 million of goods transacted via the Internet a
        64 words
      • Article
        Lock icon Footwork eyes online auction service
        140 40 Bloomberg riX)KYO] Footwork Express, a Japanese parcel delivwr company, said it will join Microsoft Corp's Japanese unit and four other companies to start an online auction service for truck cargo space. The participating companies will discuss details of the agreement at an afternoon press conference
        Bloomberg  -  140 words
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