The Business Times, 24 March 2000

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Microfilm: NL21782
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    16 1 THE BUSINESS TIMES USTA (P) 035/12/1999 85c SINGAPOR E Http: business-times.asial com.sg FRIDAY. MARCH 24. 2000
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  • Article
    Lock icon MARKET SUMMARY
    69 1 sn *****6 (-6.79) BT-SBI nUTI (+3.65) Plaiauwnißflt '■****>(+2-50) -'v.-a* 'zMKwMjri**v',J-'. STOCK MARKET INDICES ,.X- i Thursday Change KLSECOMP 971.19 ♦a.08 NIKKEI 19.704.60 KM HANG SENG 17,71 M8 +MU4 set index mm *tM JAKARTA OOMP—586.0! -UN MANILA OOMP _U88J8 *M1 TAIPEI WP! MH87__+4M.48 SEOUL OOMP 817.82 -1L8I OSA CHINA
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  • Article
    Lock icon FINANCE
    78 1 FOBEZ BATES us$ ss USS 1.713 £(US$/S$ per 1177 2.790 EUROflSS/SS/E) 6.962 1148 DM 2. OK 0143 YEN 107J 1194 Ml UN 0.461 RKS 7.781 1520 BAHT 37.73 0.046 KJP1AH 7.463 0123 PKIKE BATES SINGAPORE* 580 KUALA LUMPUR 7 67 JAKARTA JIM BANGKOK 9 so MANILA 1100 HONGKONG 8.50
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  • Article
    Lock icon Only C&C and Newbridge lead bids for Astra
    787 1  -  No bid by Malaysian latecomer Guthrie; winner known today From Shoeb Kagda in Jakarta TALK that Malaysian govern-ment-linked Kumpulan Guthrie Bhd would muscle in on the final bidding for Astra International fizzled out yesterday, with only two consortiums submitting bids for the
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  • Article
    Lock icon Philip Eng hopes to do a Branson
    521 1  -  In a surprise move, CAC joins farces with Lizard group to increase its chances Byi Christopher Tan [SINGAPORE] Richard Branson he is not, but Philip Eng, group managing director of Cycle Carriage Ltd (C&C), flew into Jakarta yesterday afternoon with a handwritten offer
    521 words
  • Article, Illustration
    Lock icon CME board member tipped to head SGX
    440 1  -  American and SGX said to be finalising pay package By I Siow Li Sen [SINGAPORE] Thomas Kloet an American who is a board member of the Chicago Mercantile Exchange, is tipped to be the Singapore Exchange's first chief executive. A Singapore Exchange (SGX)
    CHRIS LOH  -  440 words
  • Article, Illustration
    Lock icon Sibling feud threatens Lam Soon
    769 1  -  FTlexclusive Younger son of founder sues brother; wants family holding company wound np By Conrad Raj [SINGAPORE] A family feud is threatening to break up one of Singapore's most famous brand names Lam Soon, known for its cooking oil, soap and vegetable oil products. The
    Source: Lan Soon  -  769 words
  • Article
    Lock icon MSCI index shuffle will cut weightage of S'pore to 9.67%
    472 1 Weightage for China, Taiwan, M'sia also hits Korea, ethers Bloomberg [HONGKONG] Morgan Stanley Capital International said its decision to increase the portion of equities in its index from Taiwan, China and Malaysia will reduce the weighting of shares from other
    Bloomberg  -  472 words
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      Lock icon Page 1 Advertisements Column 1
      91 1 props Exec Money p.. >-». 'i** Gear up for new ways of buying cars. Bf 10 Looking to India country funds. EM 9 BT Comment Will NEL be start of trend of foreign owners taking over GLCs?**4 Top stories WingTai, AIG in $300 m property devt tie-up. 4 Nat Steel
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      Lock icon Page 1 Advertisements Column 2
      64 1 Head to head Newbridge Asia Cycle Carriage Chase Asia Eguity Partners The bids for Lazard Freres Saratoga Investama Sedaya m Bhakti Investment Govt of S pore Investment Corp Batavia Investment Management Govt o( S pore Investment Corp C Compiled Oy BT KL SAawb raid'on Astra still possible? Pg 13 Audi
      64 words
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      22 1 I 111 S|\« Ml >1,1 I tIV VI ri.i\uiv .11 >i\<»i.ii ink in (ic-.*****«» A RciiaissniKV v f iljL f *T. w-,
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  • NEXT page
    • Article, Illustration
      Lock icon DBS puts HQ building up for sale
      931 2  -  PB^iiTexclusive The Shenton Way building could fetch about $lb, DBS could reap gain of over $700 m Byi Conrad Raj [SINGAPORE] DBS Bank has become the first local bank to put up for sale its headquarters building which could fetch at least $1
      CHRIS LOH  -  931 words
    • Article
      Lock icon Audi removes Asia-Pac head in surprise move
      398 2  -  Tony M oUiaon left soon after press conference to mark showroom opening By Christopher Tan [SINGAPORE] In a surprise and sudden move, German carmaker Audi removed its Asia-Pacific head yesterday minutes after a grand opening of the marque's main showroom here. Director Tony
      398 words
    • Article, Illustration
      Lock icon Cheung Kong posts HK$59b profits
      563 2  -  Associate Hutchison Whampoa racks np HKsll7b gains From* Quak Hiang Whai in Hongkong CHEUNG Kong (Holdings) and Hutchison Whampoa Ltd (HWL) could arguably claim to be the world's most profitable listed companies in 1999, announcing yesterday earnings of HK159.37 billion (5113.1 bilUon) and HK5117.34 billion
      FILE PHOTO  -  563 words
    • ON THE grapevine
      • Article
        Lock icon Hello? Wrong numbers?
        92 2 SINGTEL Mobile and Mobile One can be depended on for a high level of cellular phone services. But you don't want to rely on them when it comes to simple arithmetic. If one believes the market share numbers the two operators have been throwing at journalists Sing
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      • Article
        Lock icon Eminently employable
        54 2 WE hear that Alan Lim, managing director of Prudential Portfolio Managers Asia, has quit and is contemplating various career options. Given the shortage erf experienced fond managers in Singapore, we expect that Mr Lim will not have much time to improve on his golf handicap before he is
        54 words
      • Article
        Lock icon Bus fair
        78 2 BOWING to public pressure, bus operator Tibs will be introducing a feeder service in Bukit Panjang this Sunday. Service 920 will serve residents in Bukit Panjang Ring Rd, Jelapang Rd, Saujana Rd, Fajar Rd and Bangkit Rd. The service is apparently in response to strong criticisms from residents
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      • Article
        Lock icon Online indigestion
        147 2 INTERNET stocks are nothing if not consistent. Consistently loss-making, that is. One of the most recent IPOs in the US is Home Grocer.com, which is aimed at whetting the appetite of those people who like to do their grocery shopping online. Although probably of interest to shoppers who
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      55 3 OPENING 25 MARCH 2000 "ji'i. 3L £V"* ,L* J ,j <dl-» "'•< t iflH&fek 3faVRkHIKSmk > '»%r< &Jb 4*£» Jfouagftk.• >iM'.-:i% f ».•<•.,*»- or-. >. V;- t Jmi >.•<•••-•• ■'*&&&> us" 4 r ...^l— A BHHH|HHiH^^^^L k fc WkZ'!& >->&« ~>J.--- ''^^^^^IBHHi .iiS^HI H v I J LOUIS VUITTON NGEE
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Wing Tai, AIG in $300m tie-up to develop property
      411 4  -  The two parties are committed to investing farther funds for projects By. Kalpana Rashiwala WING Tai, which releases its interim results today, has roped in insurance giant American International Group (AIG) to jointly develop choice residential projects in Singapore. They have
      411 words
    • Article, Illustration
      Lock icon SingaTrust gets $25m injection from Britain's 3i and EDB
      288 4  -  NET MOVES Semicon firm hopes to raise further $50-sloom from IPO By' Toh Han Shih SINGATRUST, a Singapore firm focusing on semiconductors and electronic commerce, has received a Ss2s million investment from 3i, a British venture capital firm, and the Economic
      CHRIS LOH  -  288 words
    • Article
      Lock icon Medi-Rad puts on 46% on first day
      184 4 PARKWAY Holdings unit Medi-Rad Associates made a strong debut on Sesdaq yesterday, closing at 33.5 cents, which is a 46 per cent premium over its offer price. The radiology and imaging arm of Parkway had offered 32 million new shares at 23 cents
      184 words
    • Article
      Lock icon Plasticscommerce.com sets up portal with India's Satyam
      258 4  -  Potential market made up of 30,000 Indian plastics firms with USs4b turnover By] R Sivanithy LOCAL Internet start-up plasticscommerce.com has teamed up with India's biggest Internet service provider (ISP), Satyam Infoway, to offer a portal for the Indian plastics industry. At a signing
      258 words
    • Article, Illustration
      Lock icon NatSteel shares soar on profit jump, restructuring plans
      373 4  -  By Ling Su Ann SHARES of Nat Steel yesterday surged to a six-year high of $4.72, a day after the company announced a doubling of 1999 profits and plans to restructure the company. After opening at a low of $3.76, Nat Steel
      Source: Bloomberg  -  373 words
    • Article
      Lock icon Will NEL be start of trend of foreign owners taking over GLCs?
      693 4  -  i?i?»i!riock siew lee han shih PROM the way things are going. Nat Steel Electronics Ltd (NEL) could soon have a new foreign owner. At the moment, NEL is by lineage a great-grandchild of the government it is controlled
      693 words
    • Article
      Lock icon MAE Engg offers 29m shares at 30¢ each; IPO goes online
      291 4 SESDAQ-BOUND MAE Engineering is offering 29.15 million shares at 30 cents each. The company's initial public offer (IPO) will be the first which the Overseas Union Bank (OUB) will make available for online subscription at its Web site, the
      291 words
    • EARNINGBriefs
      • Article
        Lock icon ICB results slide 19%
        81 5 INDUSTRIAL A Commercial Bank reported a 19 per cent drop In profits to $31.5 million in 1999, due mostly to a 31 per cent dive in interest income to $188.9 million. ICB also said its non-performing loans as at 31 Dec were $424 million, up fh>m
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      • Article
        Lock icon PSC profit surges 61% to $11m
        63 5 PROVISIONS' Suppliers Carp's tall-year profit swelled 61 per cent to $11 million on a 2.4 per cent higher turnover of $163 million. EPS was 4.92 cents, up from 3.04 cents, while NTA improved to 48.78 cents from 44 cents. A final dividend of 4
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      • Article
        Lock icon Teckwah trebles earnings
        73 5 TECKWAH Industrial Corp more than trebled its profits to $4.7 million last year. Turnover roee 35 per cent to $70 million, while a $1.8 million extraordinary gain from a property sale boosted bottomllne earnings to $6.5 millkm. EPS on a tally diluted basis rose to 33 cents
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      • Article
        Lock icon Super CoffeeMix returns to the black
        74 5 SUPER CofleeMix Manufacturing returned to profitability with profits of $5 million in 1680, after a $6 million toes previously. Turnover roee 12 per cent to $97 million, while EPS on a tally diluted basis was 1.24 cents compared to a loss of 1.38 cents
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      • Article
        Lock icon Yongnam improves 1999 performance
        57 5 YONGNAM Holding reported a 12 per cent rise in earnings to $4.4 million In 1999, despite a 2 per cent slip in turnover to $108.9 million. EPS rose to 3.2 cents from 3.1 cents, while NTA per share climbed to 3&S cents from 34.8 cents. The
        57 words
      • Article
        Lock icon IRE ramps up earnings on lower sales
        58 5 IRE Corp posted a 113.1 per oent jump in net profit to $2£ million. Turnover fell 23 per cent to $186.7 million. EPS was 2.44 cents, up from 121 cents, while NTA per share was2o.79cents, up from 12.76 cents. A final dividend of
        58 words
      • Article
        Lock icon Creditable showing for Singatronics
        68 5 SINGATRONICS' net profit more than doubled to $4 million in 1909. An extraordinary gain ctf $0 million M brought total attributable profit to $13 million, up from $1.1 million in 1998. Turnover rose 12 percent to $S&£ million. EPS doubled to L 6 cants, while NTA
        68 words
      • Article
        Lock icon Profit crack for Saangyong Cement
        84 5 SSANGYONG Cemenf 3 net profit fell 88 per omt to $8.4 million in 1998, due to poor business in the Singapore construction industry. Turnover tumbled 24 per cent to $8&9 million. EPS slipped to 1&9 cents front cents, while NTA per share went up to
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    • Article, Illustration
      Lock icon Ong & Co gets nod for mainboard listing
      388 5  - Ong Co gets nod for mainboard listing Lusting comes as broking firms act to keep up with upcoming liberalisation By< Audrey Tan ONG Asia, stockbroking firm Ong Company's holding company, has received in-principle approval for a mainboard listing on the Singapore Exchange, the first brokerage to be listed here in
      FILE PHOTO  -  388 words
    • Article
      Lock icon Vickers, GK Goh merger on schedule
      497 5 Officials deny talk of repricing the deal over Vickers Capital Reuters THE proposed merger between broking firms Vickers Ballas Holdings and GK Goh Holdings remained on schedule, despite talk of a revision in the merger terms, company officials said yesterday. "I can confirm that
      Reuters  -  497 words
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      Lock icon Page 5 Advertisements Column 1
      131 5 %> r -TT^, Experience the new i ■—rwtr- m \\ekome-to ilio-i'ttu.tal launch ot the now-'Audi JaHlk Premium Automobiles jgHfeg, dut ::ht>vaiuHKiiK) qualitv >\mholtsed In the Audi marque. With itn* partnership «.«»rrv»'.i level-of uistonier tare ami i HI 'jwHi meansat \udi. ■k# Leng Kee Auto Megamart Showrooms J*» f V«hi li
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      413 6 Stocfca Votume MedWtad5c 65,296,000 NatSteel50c 21,178,000 NOL 17,153,000 Kappel Corp 11,027,000 *TanChonglnt50c 10,606,000 IPCCorpn5c 7,144,000 MediaRing 10c 6261,000 Go«lron20c 5,686,000 IPC020C 5,287,000 DBS Land 5.177,000 Stocfca S PadficCertury 97,678,700 NatSteei50c 94.157.115 UOB 43,809,000 KeppeiCorp 42,170.304 VentureMfg25c 33.407,714 DBSGip 28.748.107 NOL 23,721,118 Msdt-Rad 5c 21.846,025 Datacraft 10c 19,588.171 Nat Else 10c
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    • Article, Illustration
      Lock icon Investors seek hidden values of 'old economy' stocks
      542 6  -  -iri comment STOCKS r.sivanithy AFTER months of indiscriminate punting on technology stocks, investors are now starting to focus on actual results rather than on the long-term promises of the "new economy" players. There was a large re-rating yesterday of "old economy" stocks
      542 words
    • Article, Illustration
      Lock icon KepT&T wrt: low liquidity a snag but numbers look good
      180 6  -  WARRANT WATCH By] R Sivanithy THE Keppel stable of instruments were in play yesterday, probably because the market suddenly seems to have rediscovered the restructuring theme that made its rounds a few months ago. So we'll take a look at
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    • Article, Illustration
      Lock icon KepCorp immediate resistance at $4?
      227 6  -  HOT STOCK By' Wong Wei Kong SHARES of Keppel Corp (KepCorp) rose sharply yesterday, finishing among the session's biggest gainers and most active issues. The shares rose 34 cents or 9.4 per cent to $3.94, after opening at the day's low of $3.58 and hitting
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    • Article
      Lock icon Market Notices
      144 6 INTRACO Ltd will be trading ex-dividend (first and final dividend of seven cents) on June 12. Last day for buying-in on a cum basis is on June 15. Date payable is on June 28. HOTEL Plaza will be trading ex-dividend (first and final dividend of 1.5 f cents)
      144 words
    • Article
      Lock icon US dollar down against euro, up against yen in rangebound trade
      533 6 AFP [SINGAPORE] The US dollar closed lower to the euro and higher to the yen in rangebound Singapore trade yesterday, dealers said. The euro closed in Singapore at U550.9622, up from its finish the previous day of U550.9607. It
      AFP  -  533 words
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      201 6 HYPNOS. '.sir KYm»UM<TtD KBBUWAAiM PRINCES RtSBOROUGH 7he Most Comforiable Beds in the W£>rld ROYAL COMFORT I 1 BfiWfflpSBwyM|r Jt nINi ■111 ~mm u H V Jg/EM JBL f jH ..^>J-JmteA.. jfe»"...;,i':^ <i^^lii!^a» A^hHBHI cj? l-ar W jbpk SUB! HYPNOS has been producing HANDMADE beds for over a Century, and are
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      19 6 access to IPO placements. Just one more reason'to join DBS investor Online Call us at 323-3955 83 DBS BANK
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  • CORPORATE results
    • Article, Illustration
      Lock icon CDL surprises with 11% profit rise to HK$639m
      401 7  -  Analysts had expected group earnings to fall by U%toHKssoBm By* Carol Eng CDL Hotels yesterday sprang a surprise when it reported an 11.4 per cent rise in net profit to HK5638.8 million (*****.5 million), surpassing analysts' expectations. Analysts polled by Barra Global
      SIEW YAW HOONG; Compiled by BT  -  401 words
    • Article
      Lock icon Tuan Sing makes comeback with $11.4m net profit
      305 7  -  Bnt subsidiary SPP still in the red with $7J>m loss By. Marissa Chew PROPERTY, construction and electronics group Tuan Sing Holdings yesterday said it was back in the black with net profit of $11.4 million last year, after losing $83.9 million in
      305 words
    • Article
      Lock icon HTL returns to the black with $8m net
      239 7  -  By Jane Cheong HTL International Holdings, formerly known as Hwa Tat Lee Holdings, is back in the black with a net profit of $8.1 million for the year ended Dec 31. The mainboardlisted manufacturer and exporter of leather hides and sofas suffered
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    • EARNINGSBriefs
      • Article
        Lock icon KS Tech hoists earnings by 56%
        61 7 KS TEGH's profit surged 56 per cent to 12.9 million last year even though turnover fell 12 per cent to $26 ™niwi EPS per share Improved from 2.16 to 3.05 cents while NTA per share rose from 9.2 to 13.9 cents. A 5 per
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      • Article
        Lock icon Leong Hin plunges into red as sales dip
        77 7 LEONG Hin's turnover fell 21 per cent to $21 mii»nn in 1989, plunging the company into the red with net tosses of $1.8 million, compared with a $2.9 million profit in 1986. Loss per share came to 1.39 cents, a reversal of
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      • Article
        Lock icon LKN slashes losses on better
        69 7 LIM Kah Ngam managed to raise turnover by 6 per cent to $96 million for the year ended Dec 31, but operations remained in the red. The $22 million loss, though substantial, was a vast improvement from 1998's $155 million loss. Loss per share was
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      • Article
        Lock icon Chip Eng Seng gives special payout
        84 7 CHIP Eng Seng pushed profits up by a sharp 46 per cent to $9.1 million last year, although turnover was down 2J2 per cent at $169 million. EPS rose to 2.24 cents from 1.56 cents. NTA per share improved from 5.2 cents to 8.94
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      143 7 -'-"Aiil W Jjj TMdacss fedwdtp P^ lb nh «f stsd frf cii lajpL I HJMf 1 cwrtrofag tfc fae« tfectoss, m'n Mi to rate Bhyi|i~~- Jj M 2 I I I efcAs that aptimize war® transfer it for better II < I **dwj«rf«taMrf f*&>-- J I I ptojwbitj. Tki retf*
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      Lock icon Page 7 Advertisements Column 2
      91 7 383 ACRES aSSS,CCO tA jIBi wf t&fjjp «fl 4tfl V ~2 w- iiiw j tt t k r* /:?P i gKr" > M 'v.. INVESTMENT FREEHOLD RURAL LAND 3 HOURS FROM BRISBANE^_AU£TRALIA^^ I L Free hold Property Lots Ito2l D P. *****49 j Exhibition Dates Fri March 24 Wed March
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Heavy investments key to coveted three-digit IDD code
      492 8  -  Potential operators given IDA's latest guidelines at meeting yesterday By Catherine Ong NEW telecoms operators hoping to use the coveted threedigit access code for IDD calls will have to commit to making "substantial" investments before they can get the go-ahead from the
      492 words
    • Article
      Lock icon Phoenix to invest $2m to up capacity
      256 8  -  W Teh Hooi Ling TELEPHONE callback operator Phoenix Communications, which has applied for an international simple resale (ISR) licence, plans to invest $2 million to expand its capacity in anticipation of higher volume of calls. In addition to applying for an ISR licence,
      256 words
    • Article
      Lock icon IDA hands out 26 services-based operators class licences
      461 8  -  By' Teh Hooi Ling THE Infocomm Development Authority of Singapore (IDA) has so far approved 26 new services-based telecoms operators, two months after the government announced its move to fUlly liberalise the telecommunication industry. Those approved so far are the services-based operators
      461 words
    • Article, Illustration
      Lock icon NTUC to launch its first private condo project
      381 8  -  Joint venture leasehold development with Comfort priced at less than $620 psf By] kalpana Rashiwala NTUC Choice Homes Co-operative will tomorrow launch its first private condo project, Tropical Spring, which is located diagonally across the Simei MRT Station. The 99-year leasehold development
      381 words
    • Article, Illustration
      Lock icon Starwood keen on more brands here
      428 8  -  It may lose two Westin hotels after contract rans out end of 2001 By\ Marissa Chew STARWOOD Hotels and Resorts, one of the world's largest hotel owning and management companies, is keen to bring two more brands into Singapore. The company already manages the
      428 words
    • Article
      Lock icon Two URA industrial sites in Sembawang, Tuas up for tender
      348 8  -  Consultant: launches will aggravate current oversupply By\ Eugene Low IN the government's first sale of industrial land for the year, the Urban Redevelopment Authority (URA) yesterday launched two sites for industrial development in Sembawang and Tuas. The land parcel in
      348 words
    • Article
      Lock icon Challenge to education will be theme for Apec meet
      285 8 200 education ministers and officials to attend April conference EDUCATION is poised to take a quantum leap into the new millennium, if the theme for this year's Asia-Pacific Economic Coorperation (Apec) Education Ministerial Meeting is anything to go by. The theme
      285 words
    • Article, Illustration
      Lock icon Car-related costs push Feb CPI up
      276 8  -  Pon the economy prices -By Audrey Tan HIGHER petrol and car prices led the rise in the Consumer Price Index (CPI) in February, bringing inflation to 1.3 per cent compared to a year ago. Figures from the Department of Statistics show transport and communication
      Source: Dept of Statistics  -  276 words
    • Article, Illustration
      Lock icon Investment property sales seen to at least match 1999's $8.8b
      701 10  -  BTIJ'miUMJ SAles at $2.7b so far; total for year hinges on private commercial deals By Kalpana Rashiwala INVESTMENT sales of property a measure of medium-to-long-term confidence in the property market have hit $2.7 billion so far this year. The full-year
      701 words
    • NOTEBook
      • Article
        Lock icon SCV secures $440m loan facility
        60 10 negotiated a $440 million loan facility, arranged jointly by HSBC Investment Bank and UOB Asia. The facility is for eight to 10 years and will be used to replace SCV's current short-term borrowings. It will be used to enhance SCV's hybrid fibre coaxial network and
        60 words
      • Article
        Lock icon Caltex pump prices up from 11pm
        74 10 Caltex will raise its pump prices for petrol and diesel across the board, with effect from 11 pm today. Diesel prices will rise by 5 cents per litre, while the price of the Caltex Vortex range of petrol will go up by 7 cents
        74 words
    • Article
      Lock icon Big jump in local interest rates unlikely: OCBC chief
      303 10  -  By Ling Su Ann THE recent hike in US interest rate will not push up local rates significantly or weaken the Singapore dollar, OCBC chief executive Alex Au said yesterday. Mr Au was speaking to reporters after a signing ceremony marking
      303 words
    • Article
      Lock icon SGX's level-playing-field should apply to all
      160 10  -  Tung Swee Law Singapore I refer to the reply by Mr Raymond Chow, SGX's vice-president and head of corporate communications and marketing, "Why SGX asked brokers to stop reward schemes" (BT, March 21). He did not address the question: Why stop small retail investors
      160 words
    • Article
      Lock icon Unsympathetic Clob brokers
      241 10  -  Doris Tan Singapore I READ with interest the articles in BT on the March 22 deadline set by the local broking houses for processing the acceptance of Effective Capital's migration plan for Clob shares. On the evening of March 20,1 went to Keppel Securities, where I have
      241 words
    • Article
      Lock icon Why this bid, penalty, SGX?
      112 10  -  Denis Distant Singapore The SGX levies a "penalty" fee on orders posted on the trading boards if the price is more than six bids away from the last traded price; this applies irrespective of when the last trade took place, which might have been weeks
      112 words
    • Article
      Lock icon Leave small investors alone
      80 10  -  John Tan Singapore WE are already penalised in other ways compared to the big-time share traders, so why can't the Singapore Exchange just leave the small-time traders alone? Just like petrol companies which offer oth er incentives to their customers, SGX should leave the mileage programme
      80 words
    • Article
      Lock icon Let's stand firm on gum ban
      186 10  -  Dr Lee Chun Wah Associate Professor School of Communication Studies Nanyang Technological University I refcr to j: 3ur report "Lifting gum ban can lift S pore's image: Thurow" (BT, March 21). I agree that Image is as important as substance when Singapore wants to
      186 words
    • Article
      Lock icon Stick to gum ban
      54 10  -  Trevor Thornton, Gold Coast, Australia. I refer to your report "Lifting gum ban can lift S'pore's image: Thurow" (BT, Mar 21). Actually, given the appalling lack of social graces in other parts of the world, I think Singapore should be applauded for keeping a ban on
      54 words
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      100 9 r ■'1 j, r J i IF^t/ >/ 1— V™ PROUDLY PRESENTS is "..'■'•mi j IITrV /*K hi jtyk- > x JILT 91. i 'Lj&j mm BR .P J I'twmifS tf Jls I v t'i i iW ii'jj |I ,s I 111 \i\ i! «'">■ U U \> I ii
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      233 10 72 MUSICAL INSTRUMENTS Keep in tune with noteworthy buys here. The Straits Times Classified You are Invited toThalland'a #1 Metalworklng Machine Toole Evantl Against the backdrop of rising investments in the automotive, Add to Wsthe fact that moffhem had purchasing aulhorityor KxMMtai electronics and electrical appliances sectors, fueled by rtahg
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      47 10 You can e-mail us at btletterQsph. com.sg or fax us at *****71, or mail your letter to The Business Times, Times House, 390 Kim Seng Road, Singapore *****5 Please give your full name, address and telephone number. TODAY©** EsESJS Despite wavy stock market, experts upbeat about STI3OOO
      47 words
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  • eNews
    • Article
      Lock icon Carmakers' B2B arrangement comes under anti-trust scrutiny
      473 11 WASHINGTON US Federal Trade Commission likely to probe similar set-ups in other industries: anti-trust lawyer Bloomberg A PLAN by General Motors Corp, Ford Motor Co and DaimlerChrysler AG to form an on-line system for purchasing supplies is being scrutinised by US anti-trust enforcers
      Bloomberg  -  473 words
    • eBriefs
      • Article
        Lock icon Kawase-net forex trading set to begin
        148 11 Reuters [TOKYO} Dresdner Bank AG said yesterday that its I v Japanese clients are expected to start using its 24-hour V. M Internet-based foreign exchange trading system from r this week. The KAWASe-net system, a Japanese version i 4 of the Piranha online forex
        Reuters  -  148 words
      • Article
        Lock icon Disney worried about AOL access
        78 11 Reuters [NEW YORK] Walt Disney Co has been quietly lobbying Congress over its fears that its programming would be denied feir access to America Online Inc's (AOL) Web sites if the online company's merger with Time Wamsr Inc is approved, the Wall Street Journal reported
        Reuters  -  78 words
      • Article
        Lock icon Cisco in joint bid to acquire Italtel
        97 11 FT [LONDON] Cisco Systems, the US communications and Internet transmission equipment group, has linked up f with three private equity Arms including Clayton, P Dubilier k Rice in discussions to acquire Italtel, the telecommunications switching equipment subsidiary of Telecom Italia. The aim is
        FT  -  97 words
      • Article
        Lock icon Palestians gain freedom in cyberspace
        150 11 AP [NEW YORK] Palestinians will get their independence in cyberspace before they get a country of their own. A separate Internet domain name fbr Palestinian Web sites won approval on Wednesday, the same day Pope John Paul n said the Palesttn ians have suffered frmganmigh
        AP  -  150 words
      • Article
        Lock icon Sinister abuse of Freenet feared
        137 11 Reuters liAJNuuNj An Internet system designed to guarantee anonymous free speech on the World Wide Web could be used by child pornographers and terrorists, according to I New Scientist magazine. Freenet was created by Edinburgh University graduate lan Clarke and other programmers to make tracing
        Reuters  -  137 words
      • Article
        Lock icon Pixelpark to buy Cell and Mandator
        101 11 Bloomberg I [BERLIN] Pixelpark AG, an electronic commerce company controlled by Bertelsmann AO, will buy Sweden's Cell Network AB and Mandator AB for 2.4 billion euros (Ss4 billion) in stock to become Europe's biggest Internet consultant Pixelpark agreed to pay 0-17®7 share, equivalent to
        Bloomberg  -  101 words
    • Article
      Lock icon Microsoft faces EU anti-trust probe
      502 11 LONDON Use of Windows in cable TV set-top boxes under scrutiny FT MICROSOFT'S plans to extend its Windows operating system from the personal computer to the television has run into serious difficulties with Europe's anti-trust authorities. The European Commission's competition watchdog is worried about Microsoft
      FT  -  502 words
    • Article, Illustration
      Lock icon Sina.com in mobile Net tie-up
      245 11 BEIJING It strikes deal with 3 telecoms giants to offer service in China AFP SINA.COM, one of the most popular Chinese Web sites, has signed cooperation agreements to develop mobile Internet services with three telecoms giants, a spokesman in Sina.corn's business development department said yesterday.
      AFP; AP  -  245 words
    • Article
      Lock icon Lastminute.com losing its froth
      274 11 I LONDON Bloomberg LASTMINUTE.COM, the online vendor of short-notice travel, entertainment and gifts, has lost almost a quarter of its market value since its initial public offering last week as investors bet some Internet-related stocks were overvalued, analysts said. The shares fell 32.5 pence, or 10
      Bloomberg  -  274 words
    • Article, Illustration
      Lock icon Packer eyes Optus' A$24b assets: report
      289 11 MELBOURNE AFP AUSTRALIA'S richest man, Kerry Packer, is reportedly eyeing Cable and Wireless Optus' As2o billion (5120.9 billion) mobile network and its As 4 billion broadband cable assets. Discussions between the two parties have centred on a merger between the Packer Internet business, ninemsn,
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    • Article
      Lock icon Man U may spin off Internet arm: report
      177 11 LONDON Reuters SOCCER club Manchester United is understood to be considering hiving off its multimedia division, focused around its manutd.com Web site, the Guardian reported yesterday. The newspaper said the plan, which could include a flotation of the business, was one of
      Reuters  -  177 words
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      135 11 Prime Freehold Residentiel Site 11,11 AT CAIRNHILL ROAD Site Area: 19,800 sq ft 06P Plot Ratio 2.8; up to 30-storey Close proximity to Orchard /Scotts Road Shopping Beit Good accessibility vie Bukit Ttmeh Roed end CTE a iSnsVX Walking distance to NewtonMßT Station \S """m m t«a» Outline Pfenning Permission
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  • EDITORIAL & opinion
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      Lock icon Asia is against biopiracy, not biotechnology
      837 12  -  iiTM bottom line OPINION harish mehta The writer is BT's Bangkok correspondent NOBEL Prize winner Norman Borlaug and other American scientists could not have been more emphatic. They told a gene technology conference last week at Bangkok's Kasetsart University that gene modification (GM) technology
      837 words
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      Lock icon IN OTHER WORDS
      79 12 The United States is seen as a kind of heir apparent to the British empire.' -AahisNaady a political psychologist at the Centre for the Study of Developing Societies in New Delhi, on India's reservations about the US. There are problems that I have to solve and problems
      79 words
    • Article
      Lock icon Change way of picking IMF leaders
      650 12 EDITORIAL SO Germany finally has its own man as the head of the International Monetary Fund (IMF). Horst Kohler, former head of the European Bank fbr Reconstruction and Development, will take over because it is assumed Europe has a "divine right" to select IMF
      650 words
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      Lock icon US forced to rethink its balancing act on Taiwan
      1170 12  -  'Strategic ambiguity' policy seemsto invite China and Taiwan to test it and see how far they can go By Leon Hadar The writer is BT's Washington correspondent THE election of Chen Shuibian, who has in the past advocated political independence for
      FILE PHOTO  -  1,170 words
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      Lock icon Which Putin mill lead Russia as next president?
      837 12  -  COMMENTARY By 1 Michael Mandelbaum The writer is a fellow of the US Council on Foreign Relations Newsday THE most important presidential election in the world in 2000 will take place not in the United States, but in Russia at the end
      Newsday  -  837 words
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  • REGIONAL news
    • Article
      Lock icon Malaysian hardware makers seen benefiting from Internet lead
      723 13 KUALA LUMPUR Analysts expect strtng showing by semiconductor firms this year AFX-Asia HARDWARE makers, particularly in the semiconductor sector, should do well from the expected continued boom in the Internet/telecoms industry, a sector in which Malaysia has as yet to really make
      AFX-Asia  -  723 words
    • Article
      Lock icon Razaleigh says he won't ran for top Umno posts
      241 13 KUALA LUMPUR Reuters FORMER Malaysian finance minister Tengku Razaleigh Hamzah was yesterday quoted as saying he would not run for any top leadership posts in Prime Minister Mahathir Mohamad's party. Tengku Razaleigh's comments, reported by the official Bernama news agency, appeared
      Reuters  -  241 words
    • Article
      Lock icon Petronas to absorb gas from project
      380 13 BANGKOK USttOOmjrißt Th&i-ITgi* gu field being developed Reuters THE Malaysian national oil company, Petronas, has agreed to absorb all the initial gas from Thai-Malaysian joint gas fields in the Gulf of Thailand, a senior Thai executive associated with the project said yesterday. Songpope Polachan,
      Reuters  -  380 words
    • MARKET moves
      • Article
        Lock icon MRCB selling stake in RHB?
        86 13 THE share price of Malaysian Resources Corporation Bhd continued to rise yesterday on rumours that it will sell its stake in Rashid Hussain Bhd to raise funds to buy a substantial stake in Commerce Asset-Holding Bhd (CAHB), the owner of the second largest bank in
        86 words
      • Article
        Lock icon Renong, Time get thumbs-up
        87 13 INVESTORS may be finally warming up to Renong's plans In cyberspace. The counter rose 16 sen to RM3 yesterday following a slew of deals in the last two weeks with other companies to launch e-commerce businesses. The ideas range from a health portal to an IT
        87 words
      • Article
        Lock icon MAS shares take off
        62 13  -  OnuplWl by Eddie Toh NATIONAL carrier Malaysian Airline System surged a hefty 44 sen to RM4.30 yesterday following news that major shareholder Tajudin Ramli's stake will be diluted as a result of his Naluri Bhd's planned sale of some MAS shares. The debt restructuring has also
        62 words
    • Article, Illustration
      Lock icon Putting an 'e' before matchmaking
      53 13 [KUALA LUMPUR] Carmen Lai, My Web Inc.com executive officer, checking the Jobpolitan Internet page which was launched yesterday in Kuala Lumpur. Jobpolitan is a one-of-a-kind Internet service that helps employers and job seekers match one another in their respective search for suitable recruitment and employment
      AP  -  53 words
    • Article
      Lock icon KL 'dawn raid' on Astra still possible?
      473 13  -  Analysts express doubts as it faces strong competition Prom Eddie Toh in Kuala Lumpur MALAYSIA might stUl stage a "dawn raid" on Indonesia's troubled automaker Astra International using listed Kumpulan Guthrie to bid for a sizeable stake. Kumpulan Guthrie, which is controlled by
      473 words
    • Article
      Lock icon Proton mulling parts deal with IPTN
      219 13 JAKARTA Bernama MALAYSIA'S car manufacturer Proton Saga is considering buying components from Indonesia's aircraft maker, PT Indus tri Pesawat Terbang Nasional (IPTN). IPTN's head of marketing and development, Ary Azwar Anas, said Proton had sent a team to IPTN to study the possibility of
      Bernama  -  219 words
    • Article
      Lock icon Thai Airways to partly privatise by November
      601 16 BANGKOK Foreign strategic partner could hold 10% stake initially; SIA, BA among several airlines interested Reuters THAI Airways is expected to complete partial privatisation of the national carrier by November at the latest, with a foreign strategic partner holding a 10 per cent
      Reuters  -  601 words
    • Article, Illustration
      Lock icon Suharto to be questioned next week
      251 16 JAKARTA Former Indonesian president fit to be interrogated, says attorney-general AP ENDING months of speculation over whether former president Suharto was fit to be questioned over corruption allegations, Indonesia's Attorney-General Marzuki Darusman said yesterday the former strongman would be interrogated next week. He said
      AP  -  251 words
    • Article
      Lock icon Estrada accuses SEC chief of asking for 1m pesos
      369 16 MANILA AFX-Asia PRESIDENT Joseph Estrada said Securities and Exchange Commission (SEC) chairman Perfecto Yasay asked for 1 million pesos (5541,912) from Dante Tan, majority shareholder of BW Resources Corp and the subject of an investigation by the SEC due to illegal
      AFX-Asia  -  369 words
    • Article
      Lock icon Time needed to clean up legal system, says Kwik
      383 16 JAKARTA Reuters INDONESIA'S chief economics minister yesterday offered a bright outlook for his country but pleaded for time to eradicate deeply ingrained corruption and to clean up a rotten legal system. Kwik Kian Gie also accused corrupt businessmen who grew immensely
      Reuters  -  383 words
    • Article
      Lock icon HK's consumer prices fall for the 16th month
      433 17 HONGKONG Unemployment, fierce competition ami stagnant property prices Reuters, Bloomberg DEFLATION is still biting hard at Hongkong with the February composite consumer price index (CPI) falling by 5.1 per cent year-on-year, only slightly less than the 5.3 per cent decline seen in
      Reuters,; Bloomberg  -  433 words
    • Article
      Lock icon Sino Land beats analysts' forecasts with HK$708m interim profit
      397 17 ■HONGKONG It cites improved rents and lower interest rates Reuters PROPERTY developer Sino Land Co Ltd yesterday unveiled a net profit of HKJ708.19 million (Ssls6 million) for the six-month period ended Dec 31,1999, and attributed it to improved rents and lower
      Reuters  -  397 words
    • Article
      Lock icon HKT bid not driven by Beijing: CyberWorks
      122 17 HONGKONG Reuters HONGKONG Internet start-up Pacific Century CyberWorks (PCCW) denied a magazine report that its takeover of local telecoms giant Cable Wireless HKT was driven by Beijing. "It was entirely a commercial decision for PCCW to merge with HK Telecom (C&W HKT)," PCCW
      Reuters  -  122 words
    • Article, Illustration
      Lock icon Losing weight, Chinese-style
      44 17 [BEIJING] A Chinese woman testing a "Body-Mind Health Environment Capsule "at an international weight reduction conference here yesterday. The Chinese-made capsule has massage and heat treatmentfunctions, and is claimed by its manufacturers to relax people and help them lose weight. AP
      AP  -  44 words
    • Article
      Lock icon Unicom rings up 10b yuan loan
      107 17 BEIJING AFP UNICOM, China's second telecoms operator, has received a 10 billion yuan (Ss2 billion) loan to beef up its networks ahead of overseas stock listings planned later this year, the official China Daily reported yesterday. Unicom hit the headlines last year and left
      AFP  -  107 words
    • Article, Illustration
      Lock icon Taiwan stocks rise 5% as fears over political uncertainty ease
      593 18 TAIPEI KMT-linked stocks soar on impending resignation of Teng-hui as party chief Reuters, AFP TAIWAN stocks enjoyed a third-day post-presidential election rally yesterday as worries over political uncertainty eased, and brokers said they expected more gains despite rising profit-taking pressure.
      Reuters,; AFP  -  593 words
    • Article
      Lock icon Li Ka-shing slams unfair comments on his business
      362 18  -  From 1 Quak Hiang Whai in Hongkong LI Ka-shing yesterday hit out at his critics for what he described as unfair comments on his family's growing dominance in Hongkong. Refuting suggestions that the Li family now dominates Hongkong's business sector, the chairman
      362 words
    • Article
      Lock icon GreaterChina Tech plans HK$276m GEM IPO
      176 18 HONGKONG Reuters Greater China Technology Group Ltd, a spinoff of China Rich Holdings Ltd, is expected to offer 200 million shares at HKfl.3B each for HK$276 million (5560.8 million) in an initial public offering, analysts said. Greater China, which operates three Web sites Ladies
      Reuters  -  176 words
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      104 13 Providing cool comfort JSL S3 BO «H0 MM for commercial 10 Anson Road #12-14 and industrial i«™doMi pw* s >« *****3 TU: *****65 Fu 224 8358 hnilHincrc UUliUlllgb Wet** M http://wwwhittch.pUiiLhbi.ne.jp For Sale by Tender Prime Bungalow Redevelopment Site At Lot 3003 MK 4 BRIZAY PARK Sits area: 3387.8m 1
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      212 13 PIONEERS OF "EN PRIMEUR": Corndale Consultants was the first to introduce "En Primeur" in Singapore and Southeast Asia, selling more than 2000 cases of "En Primeur" wines each year since 1994. Behold as we religiously bring you our "En Primeur" campaign with the 1999 vintage. Being a leading fine and
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      151 14 HITACHI ikN I 4 Achieving accurate positioning of magnetic in a HDD is equal to kicking a ball fiom Tokyo into ,g gr- '"S'f 2 irif- «atnft r r *—"""iihihi i> v When Hitachi wanted a reliable striking 1 p partner to produce tcchuriogically-supenor Hard Disk Drives (HDD), it passed
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      338 15 I ikNOVASIA mße. 2 bi Lte positioning of magnetic head to disk ling a ball flom Tokyo into a goal area in Manila wm MT Hp; I -i,"~^Jj, ~r TP" lT""^W»- "f* 40** tffc gmJtrtifc" >j^^^^K&' d I ■HL V r '"|""F t: i;*X?3; ISSr w*-®- •>** n; -j 4*
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      213 16 15^ \f A nun l /y For enquires, please call 740 2488 -J J<» 1 WSSAJI A y "x 34 00 (wSfcw* CQf I mv-onsi Lb MtMMm jfl VVH I UJHeMeyfetnw lAJKElMleitttffctebeek v L....1 Stk- 17th Prim 18th 32*4 Prtof IHHHHHHHHfIHB w*» ma Fun Walkers can register at any of
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      132 17 RJ> ponpooiwdto com njm !!■!!>* wjyH^n^HH Visit www.asiasfockwatch.com to win a Palm Vxl We've 3 of the newest, smartest Palm offerings, and one could be yours. Just register on our site from 22 to 31 March 2000, then surf for the answers to 5 questions. An all-correct entry will entitle
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      43 18 LUin a Mercedes-Benz H-Class Register now at speed, com. sg Be at our launch: 25-26 March Ngee Ann City Ciuic Plaza A Hi tec*'Produc* Deve o|?€*J by 1 omputers sponsored by: Supported by: MBPLAN T daewoo HYunooi speed, com. sg 1. „.J I
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      64 18 t i THE WORLD S LEADING T* V OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 1975 our '.voWvyide-staff of over 275 st r'•Na' >j I i' t> V Ji J Incorporation Fees from U***** BAHAMAS JERSEY BRITISH VIRGIN B MAURITIUS W i ISLANDS W f SEYCHELLES fift CAYMAN ISLANDS SAMOA
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  • WORLD news
    • Article
      Lock icon Japan's Feb trade surplus soars 26.8% to 1.2t yen
      426 19 TOKYO First rise in 11 months led by 30.8% jump in electronics exports AFP A STUNNING surge in worldwide exports of computer chips sent Japan's trade surplus soaring 26.8 per cent year-on-year in February, the government said yesterday. Riding the crest
      AFP  -  426 words
    • Article
      Lock icon Soros fund to raise US$1b for investment in Asian real estate
      339 19 TOKYO Bloomberg SOROS Fund Management LLC is planning to raise a fund of up to US$l billion (SSI.7 billion) to invest in Asian real estate, a person familiar with the matter said. This is the latest indication that the
      Bloomberg  -  339 words
    • Article
      Lock icon Industrialised nations propel Asian recovery
      247 19 WASHINGTON Bloomberg GROWTH in the US, Europe, Japan and other industrialised countries will continue to propel the recovery of many Asian and Latin American countries, a top IMF official said. "We have a Europe in which growth is clearly strengthening"; while in Japan, "there are
      Bloomberg  -  247 words
    • Article, Illustration
      Lock icon Tsar of Cyberabad scores with the two big Bills
      658 19 PEOPLE Reuters [HYDERABAD, India] You can call it a double Bill. Having wooed software baron Bill Gates two years ago to set up Microsoft Corp's first development centre outside the United States in Hyderabad, Nara Chandrababu Naidu is ready to welcome
      Reuters; AP  -  658 words
    • Article
      Lock icon Fed may postpone further rate hikes in face of criticism
      550 20 WASHINGTON Bnt if steamroller US economy fails to cool down, it may be forced to act FACED with niggling criticism from Washington and Wall Street, the Federal Reserve may delay more aggressive rate hikes for a few more months but
      550 words
    • Article, Illustration
      Lock icon Ex-US-presidential-candidate calls Greenspan's rate hikes 'bogus'
      442 20 HONOLULU AP, AFP FORMER US Presidential candidate Steve Forbes said that Alan Greenspan's "bogus" policy of slowing economic growth by raising interest rates is like a doctor purposely making a healthy person sick. Speaking at the closing meeting of the Pacific Basin Economic Council
      AP,; AFP; AP  -  442 words
    • Article
      Lock icon Chase in talks to buy UK's Robert Fleming: sources
      515 21 LONDON Firm worth £3b; deal could boost US group's investment banking in Asia Bloomberg, Reuters CHASE Manhattan Corp, the second-largest US bank, has held talks to acquire Robert Fleming Holdings Ltd, one of the last British-owned investment banks, people familiar with
      Bloomberg,; Reuters  -  515 words
    • Article
      Lock icon e-Europe seeks out skilled workers
      346 21  -  DOT.COMM'IHIiiih Skills shortage conld be as high as 1.6 m jobs by 2003 From Shada Islam in Brussels AMBITIOUS plans to build an "e-Europe", to be launched by European Union leaders at a special summit today, will force Europe to seek out skilled foreign workers,
      346 words
    • Article
      Lock icon Euronext may lead to pan-European exchange regulator
      287 21 LISBON Other bourses set to join French, Dutch, Belgian merger Bloomberg THE French, Belgian and Dutch finance ministers said the planned merger of their three national bourses may pave the way for a pan-Euro-pean regulatory authority as more countries join the new "Euronext"
      Bloomberg  -  287 words
    • Article, Illustration
      Lock icon Adding glitter to time
      28 21 [BASEL] American supermodel Cindy Crawford showing off the new Omega Constellation yesterday at BASEL 2000, the World Watch and Jewellery Show in Basel. AP
      AP  -  28 words
    • Article, Illustration
      Lock icon France Telecom enters Germany
      416 21 PARIS Bloomberg FRANCE Telecom SA, the nation's former phone monopoly, said yesterday that it would buy 28.5 per cent of Germany's Mobilcom AG for 3.74 billion euros (556.17 billion), giving it entry into Europe's biggest market after a failed attempt last year. The Paris-based company will
      Bloomberg; AFP  -  416 words
    • Article
      Lock icon Financial stability forum faces own crisis
      243 21 ZURICH Reuters REGULATORS working to improve the global financial system face a problem as they gather in Singapore this weekend: as world economies rebound, and memories of recent crises Cade, does anyone care? Members of the Financial Stability Forum, which aims to strengthen practices
      Reuters  -  243 words
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      890 19 MAKE OUR VERY POPULAR CARPET AUCTIONS THE HIGHLIGHT OF YOUR WEEK THE U.S. LIFTS BAN ON PERSIAN CARPETS Grab the chance to pick up some finely handknotted PERSIAN ORIENTAL rugs and kilims at absolutely bargain prices. Most lots starting WltllOUt lYlitlilflUVYl rCSGfVG pHcc! SATURDAY SUNDAY 25 MARCH 26 MARCH VIEWING:
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      2657 20 NOTlCES^^^TiZertisrcarnoi7tre7lBoo"747T^^^^^^^^^^B h a r— «/> ir m. of COSMIC INtXJSTSIf; ■MHM I CAN HOC HON of 40 Mm) M *o«d Sing opera 27MM, NRIC Ho. SaiMSOt/wk. oo#i and toy UkMr1. I obi a director of the abo v« named company 2. Dwabono company connot bp i«a*on of to lnb«H.i conSnm
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      383 20 M THE MATTER Of THE CO«*>AMES ACT, CAP. SO AMO IN THE MATTER Of ZENECA PHAANA (BMQAPOAE) PTE UMTED. (In Meibin' Voluntary UqutdaOon) NOTICE OF RESOLUTIONS At an Extraonflnary Qanaral Meeting of the membeie of tie abovenamed Company duly convened and hald at 6 Temaeek Boulevard *05-01. Suntec Tower Four,
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      312 21 Tom Peters says..."Excellent! This is the finest newsletter I've seen in thefield." j Get your FREE 6-month subscription! L (audiocasselte version) "In Search of Excellence" Executive Excellence is the world's leading monthly news- j s*? letter on leadership development, managerial effectiveness a a "d organizational productivity. Written exclusively for today's
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      404 21 Closing Down of Prestigious Oriental Carpet Importers/Wholesalers Following Sudden Death of Company's Founder Sole Owner I MAJOR PUBLIC AUCTION I Connoisseur Calibre Regional Inventory of Notag AG Exclusive suppliers to Department Stores and Galleries worldwide consolidated in Singapore and ordered for immediate liquidation as result of decision by heirs/executors to
      404 words
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  • FINANCE & commodities
    • Article
      Lock icon Sellers flood market, drag down futures
      274 22  -  SGX Derivatives fadingßeports MSCI Singapore Index Daphne Tay Jardine Fleming THE Singapore stock market finished slightly lower yesterday on profit-taking following its recent gains. Volume was moderate with 322 million shares traded. Nat Steel Ltd surged a whopping 21.67 per cent after announcing better-than-ex-pected
      274 words
    • Article
      Lock icon Futures, cash markets rise in tandem
      195 22  -  MSCI Taiwan tatures Kelly Loh Refco (Singapore) Pte Ltd TAIWAN stocks rose again, rounding off their best threeday rally in a decade, thanks to an overnight rally in Nasdaq, heavy foreign fund buying and easing political uncertainty. The Taiwan Stock Exchange Weighted Price Index
      195 words
    • Article
      Lock icon Crude prices inch upwards
      232 22 ENERGY REPORT Reuters [LONDON! OU prices ticked a little higher yesterday, stemming a heavy slide over recent weeks from record heights in anticipation of an Organisation of Petroleum Exporting Countries (Opec) deal to raise exports of crude oil. North Sea Brent blend futures had risen by
      Reuters  -  232 words
    • Article
      Lock icon CURRENCY REPORT
      334 22 Reuters London THE US dollar rose to twoweek highs against the yen yesterday amid renewed interest in US technology stocks, which have weathered a Federal Reserve credit tightening this week. Investors' focus returned to the US growth story as the technology-fuelled Nasdaq composite gained nearly 3 per cent
      Reuters  -  334 words
    • Article, Illustration
      Lock icon Untitled
      1206 22 MTERRAMH CROSS RATES Mar 23 CS to* Imo Ffr Pw HK) ind >» Bnpta* Yen Won HI Pm S$ *mi Mr iT< H— «8 Australia 0.M7 5.007 0.627 4111 1226 4.697 26.299 45 018 0.648 6.695 2.292 1240 ***** 24.673 1033 3.886 1009 ***** 22.758 0J83 0603 Canada 1127 5.643
      1,206 words
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      Lock icon Untitled
      1822 22 8I00M HJTIIKB8 Mar23 B08K1 (Mms ctostaq d 5J0p«) RSS1 CONTRACTS cmtiAt) CtOM Vrfaaw OpM MwN* yyt law Sttt (toaats) Mtrast Apr 00 10.75 May 00 H5.75 JMlOO 118.75 600 .MfrpOO 122.75 600 RSS 3 CONTRACT (USctndAq) Voftmt Opto MtHtt m> in Ml (toam) IrtWHt SOO 67.50 65i25 65.50 300 1300
      1,822 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Interest in Cheung Kong group boosts Hang Seng
      2726 23 HONGKONG AFP QHansSens ♦18X54 HONGKONG share prices rose 0.9 per cent yesterday boosted by buying on Cheung Kong Holdings Ltd and Hutchison Whampoa Ltd ahead of their profit results, dealers said. "The market is mainly led by Cheung Kong and associated firm
      AFP  -  2,726 words
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      Lock icon CHINA
      902 23 AFP f% Shenzhen B Index +7,8 CHINA'S hard currency B shares closed sharply higher yesterday on rumours the government will allow B share funds and hopes of easing tensions between China and Taiwan. The China Securities Regulatory Commission declined comment on the fund rumours. Shenzhen's B Share Index soared
      AFP; Source: Credit Lyonnais Securities (Asia) Ltd  -  902 words
    • Article
      Lock icon TAIPEI
      306 23 AFP PwPMn +4M.48 TAIWAN'S stock market leapt 5.1 per cent yesterday as outgoing president Lee Tenghui's decision to resign as Kuomintang leader calmed jitters over domestic instability, brokers said. Share prices yesterday rose across the board, sending the Taiwan Stock Exchange Weighted Price Index rising by 464.48 points to
      AFP  -  306 words
    • Article
      Lock icon Info-tech selling depresses Nikkei
      1887 23 TOKYO AFP QffikkaiZtt -28* SHARE prices in Tokyo closed a shade lower yesterday as high-priced informa-tion-technology issues faced selling pressure ahead of the financial year's end on March 31, brokers said. The key Nikkei-225 Average Index fell 28.99 points or 0.1 per cent to end at
      AFP  -  1,887 words
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      112 24 t I Today s witlTxi reams and drive individuals who demand more from life rp> I I Which is is bound to turn just because of its sleek, new looks but also J because there's the choice ,glft powerful 3.0-(iter V 6 VTEC engine or a sporty 2.3-liter L 4
      112 words
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  • STOCKS klse
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      8641 25 mmwvrmls CmiMf pnAKtt woo LHt Vat Day Nat Cap H» U» Cinn «ata -OOQ HH» Laar Pfl $mll 420 310 Ajinomoto 380 24.1 154.0 «5 91 Afl*na_ 110 5 249 110 104 NU 290 Apollo Food HXj 500 8 24 505 496 11.9 200 0 2975 2700 BAT 50c 2875
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      Lock icon Late institutional buying bolsters KLCI
      396 25 AFX-Asia, AFP H Composite Index +2208 MALAYSIAN shares closed 2.3 per cent higher yesterday due to late institutional buying across the board, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 22.06 points at 971.19. TTie Second Board index was up 13.44 points
      AFX-Asia,; AFP  -  396 words
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  • SGX clob & regional stocks
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      2474 26 BONDS A WARRANTS VI Mi *ml t«T *1 8* MM Mta (a> Ml Mb> r**9i m»_ m> mm mmm mm mi mmi un '04 13 I 3160 *Acar W*****1 l)S$ 44.5 sum Ml I is* M 2 S7 i« 59 vt 4 2 5 276 23 20.5 20.5 21 22
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      Lock icon BANGKOK
      758 26 AFP H SET Index +188 THAI share prices rose one per cent on speculative buying of banking and communications issues, dealers said. The Stock Exchange of Thailand (SET) Composite Index gained 3.88 points to finish at 399.03 points, and the select SET 50 Index added 0.20 to 28.68. Advancers
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      Lock icon MANILA
      280 26 AFP F1 Composite Index +33.67 THE Philippine Stock Exchange Composite Index gained 33.67 points or 2 per cent to close at 1,680.58. Volume turnover was at 4.09 billion shares worth 2.24 billion pesos from Wednesday's 6.98 billion shares worth 2.20 billion pesos. rM Hm *h nm MRC Alliad 0.60
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      Lock icon JAKARTA
      658 26 AFP P Compost* Into -031 JAKARTA share prices closed 0.1 per cent down yesterday, amid profit-taking in PT Telekomunikasi Indonesia and confusion over bidding for the government's stake in PT Astra International, dealers said. An institutional sales representative with a major foreign brokerage said the market was largely driven
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      Lock icon WELLINGTON
      278 26 AFP PHBB-40 -U> NEW Zealand shares ended barely changed with Telecom Corp's move on Independent Newspapers Ltd the focus of an otherwise lacklustre market, dealers said. The NZSE--40 Capital Index was down 0.1 per cent or 1.16 points at 2,047.82. Turnover was worth NZ5226.5 million. —AFP ■rg «a mm
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      Lock icon SYDNEY
      548 26 AFP PAHfttßnariag -304 THE All Ordinaries Index closed down 30.6 points to 3.243.5. The All Industrials Index closed down 53.5 points at 5.766.6, while the All Resources closed 12.2 points lower at 1,193.0. Volume was 1.05 billion shares worth A 51.54 billion with 781 falls outnumbering 693 rises and
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      Lock icon SEOUL
      283 26 AFP CI Composite Index -14J1 THE Korea Stock Exchange Composite Index closed down 14.81 points or 1.7 per cent at 867.62. Volume was 253 million shares worth 3.3 trillion won. —AFP Mir 2) Arum Stmt ***** 300 Brain Ted» 1670 -50 Central Bank 2390 -120 CheflComm M1000 -***** Dm
      AFP  -  283 words
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      56 26 PL T B I fsj_ >furw OrWit T T I investment pokitouo II IPO. Shares. Bonds. Stocks. Annual Reports. 1 I Whatever you're offering, we help you reach out II I to 86.7% of all adults In Singapore daily. II 'I tiff*" The Straits Times The Business Times Lianhe Zaobao
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    Lock icon STOCKS sgx
    8157 27 SQXMADTBOARD Transaction date: Mar 23 Lwt v« o«v imowjt »> b» <5 mt cJJ a™ "N* u* ww> riim un rooo> >■» u> 8»yar »aBar cw ffi $3 nm Mtt.THMumv 'S 5 mc *22? AemaSOe 136 *1 162 137 134 135 l» 10 U IT m !2S 134
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      131 28 m direct all your e-mail, faxes and voice messages to a single mailbox. To access these messages from your computer, simply log on to the OneM@il website. Alternatively, you can call 1383* and listen to your e-mail and voice messages on any phone. OneM@il is simply the most effective way
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  • EXECUTIVELifestyle
    • Article, Illustration
      Lock icon TheArtsFestival equation
      2250 29  -  TOWARDS A RENAISSANCE CITY COVER STORY: TOWARDS A RENAISSANCE CITY Singapore wants to get on the world i map as a cultural hub, but for that k to happen, the local arts scene needs to establish a higher A international profile. And this is where the Singapore Arts
      2,250 words
    • PERSPECTIVE
      • Article
        Lock icon Don't change your image to please a foreigner
        747 30  -  OFFrrrrm tm Should the ban on chewing gam be lifted? Yes, if the authorities do it for the right reasons. No, if it's simply done on the say-so of some visiting big shot jaime ee WHEN visiting American economist Lester Thurow advised
        747 words
      • STRAWS In The Wind
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          Lock icon How now brown oow?
          69 30 ON HOLIDAY in the vast Australian outback, a four year old Singapore boy, whose closest encounters with nature had been at the Botanic Gardens, studied the array of white, brown and black cows and went: "Mummy, do white cows make normal milk and brown cows make
          69 words
        • Article
          Lock icon Paying for the pleasure
          57 30 THERE'S no such thing as a free lunch, not even, it seems, when it comes in the form of a press invite. A journalist received an e-mail from a company inviting him to an event at the Hard 1 Rock Cafe. The e-mail also reminded him
          57 words
    • MOTORING
      • Article, Illustration
        Lock icon Honda's forgotten LEGEND
        1037 31  -  Possibly the first Japanese capable of giving the Mercs and Beemers a run for their money when it was introduced in 1986, Honda's flagship seems a little lost at sea today, says chkistopher tan CHRISTOPHER TAN WHAT you don't know can't hurt you. Ignorance is bliss. Who
        1,037 words
    • ENTERTAINMENT
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        Lock icon Tangled tale of nine lives
        629 32  -  CINEMA Magnolia offers a three-hour look at the sprawling web of humanity, connected by television, but separated by reality By Parvathi Nayar MAGNOLIA is a movie of interconnected vignettes, about people at different levels and different stages in life looking for love. Or redemption. Or
        629 words
      • Article
        Lock icon Pollyanna in prison
        587 32  -  CINEMA There are some good moments in the course of The Green Mile. Now if only it wasn't so 10ng... By Parvathi Nayar A STRIP of green linoleum can seem a mile long if you are crossing it to go to the electric chair; the artistic license
        587 words
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      Lock icon CINEMA
      741 33 All About My Mother. Lush, funny Pedro Almodovar film about a woman who looks for her transvestite husband. R(A). Orchard, Picturehouse, Marina, Plaza, Grand. American Beauty. A screwy look at American suburban life which has won eight Oscar nominations. R(A). Orchard, Cathay, Suntec, Golden, Lido, Balestier, Oriental, Beach Road,
      741 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      113 33 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubiiee 454-1640 Mandarin 292-9401 Marina 338-9719 WTlitesands 585-1782 QoMwi Villaga 1900-912-1234 332-6098 tor group bookings A wheelchair facilities Bishan Boon Lay Marina TampinesS TiongBahru Yishun Ovarsaaa Movta Clementi/CoVealtti 777-0669 Golden/New Town
      113 words
    • PURSUITS
      • Article, Illustration
        Lock icon Pilates: position, posture and alignment
        465 34 "PILATES is a discipline. It's a way of exercising, and the exercises are constantly evolving as trainers keep pushing boundaries, trying to extend the original exercises that were created by Joseph Pilates," says Sharmini Winslow, dancer and Pilates instructor. The main focus in Pilates which
        465 words
      • Article, Illustration
        Lock icon STRETCHING
        1118 34  -  Dancer and Pilates instructor Sharmini Winslow has finally realised her dream of running her own studio. She talks to coBDmB berk about the long and sometimes bohemian road she took to founding The Dance Connection CORINNE KERK TUCKED in a modest space above a car showroom and sharing premises
        PHOTOS BY SIEW YAW HOONG  -  1,118 words
    • EPICURE
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        Lock icon True harmony from start to finish
        753 34  -  RESTAURANT Intermezzo hits all the right notes with its inspired blend of Chinese and Japanese culinary traditions By' Tan Su Yen IN MUSIC, an intermezzo refers to a short piece performed between the acts of a masque, grand ballet or opera. For restaurateur Anthony
        753 words
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      84 30 IF YOU'VE MISSED THE WORLD PREMIERE, CATCH IT NOW OK VCD I I HHfIHHIHi 11' I riH BHS^B£NH»Ri BPttJt jßi 11 I I 1j s (rm nWYI fl§l f HI p^^9^H^bHHß|^B I 8 1 ill B >~- tv* "-I.^--I ■IIIi!1I Y I I I I I# 11/MpWfSMW^r I 111 1
      84 words
  • Page 30 Miscellaneous
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      277 30 CRYPTIC CROSSWORD ACBOBB 6 Make provision for holiday 7 Photographed the team*, but accommodation (5,4) was biased (4£) 9 Descriptive of a sharp drop hi 8 Bactrian arrived and left (5) sweet production (4) 10 British soldier right to re- 14 Laboratory equipment is treat? Rubbish! (8) twice set up
      277 words
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      76 31 .J--W V--'^H^.f#«>■ bibbb i i'JH «|^^HHBjjß&§g9B[j^HHjj^^^^2Nr^^^^n■ flB f; fl |2, J y IbV B v B ■IH jw --^^a.. HHHH r v,f >-- v J; B 'i :€t?C\l B1 B S S' tj&mmMM*mm*& emwi.N. BJB Bf! j W i >''^BWHfcc-^ v f, U I■m s m n VB "U» Of
      76 words
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      306 32 Where to wine, dine and entertain...^' fissSir gfpr IWe ma\e your Dreams come true Special eddinu 1 Millennium Packages troin net I onwards which inclusixe "I Ifw ill kit. Pinner will be prepared h\ our renowned .iw.inl-winniii" Wall I ok I'.inhHKH' Restaurant chels. Find out more about wcddin<: packages and
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      97 32 available for: J private parties J company dinner and dance I conference j seminar and meeting. HOTEL GRAND CENTRAL LIMITED J 22 Orchard Road/Cavenagh Road, I Singapore *****7 I Tet 737 9944 Fax; 733 3175 J Executive Set Lunch Enjoy 4-course exquisite local and international cuisine at only S sl
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      Lock icon Page 32 Advertisements Column 3
      379 32 Every Saturday, Sunday flt Public Holiday ::::11.30am-2pm niliiiiiiii 2.30pm-spm Adult: $23+♦+ TEA at NEW HEIGHTS Reservations: 831 6258/88 Mandarin Orchard Road. Singapore 23M67 Tel: 737 4411 Fax: 732 2361 1130* m* 23Qpv* The Singapore Marriott Hotel is famous (or its fin* International cuisine Now you can enjoy a leisurely Sunday
      379 words
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  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      2304 33 TODAY'S TV Central L3O Inside India BECOMh«WtfBD fiawiilQ am pin 2 News Day. Thp kfn.pht 3 30 Business Artiste flnH Frank Kafka's It's A Slka Knowing Asia. ATtIStS ana Wonderful Life, 12am, JAM The Teletubbies. JSS /SSSSket Report. Visionaries Central dancers The Sky's S'X? Headline News. Richard E Grant plays
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      150 36 ~P" Today's I investment I opportunity j is not just in I.T. I It's in I.Q. DBS ASIA KNOWLEDGE FUND I A New Economy is emerging. An economy driven by knowledge rather than just pure information. Dynamic groundbreaking companies in knowledge driven industries like information technology, Internet, telecommunications, media, logistics,
      150 words
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  • EXECUTIVEmoney
    • Article, Illustration
      Lock icon new ways of buying cars
      1324 38  -  With 110,000 certificates of entitlement due to be released in May, buyers have options ranging from 'balloon' scheme to packages from banks, vensreenivasan takes a look VEN SREENIVASAN CAR distributors and lenders are scrambling to devise attractive new financing packages in anticipation of the release
      FILE PHOTOS  -  1,324 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Getting what's worth from fund distributors
        753 35  -  Investors should be vigilant since the 5% charge shows no sign of whittling I :j I comment YOUR MONEY genevieve cua IN any discussion on the future of the unit trust industry, the question of the upfront sales or entry fee invariably comes up.
        753 words
      • Article, Illustration
        Lock icon Stocks to gain from info-tech boost
        925 35 STOCKIfiES* HftHmn ivtm Horizon.com announced on Monday that it secured a new contract to build a broadband network in Indonesia. IDEAglobal.com thinks that the Internet company's growing regional presence will establish it as a force to be reckoned with. Horizon.com, which offers content via
        FILE PHOTO  -  925 words
      • Article, Illustration
        Lock icon Fall in purchases turns S'pore sentiment neutral
        1074 35  -  IMTlmarKets By: Robert Halili The writer is director of Asian Ownership Research at Primark THE Singapore sentiment fell to neutral territory with the index falling by more than 30 points to close at -0.1 points. The drop in the sentiment this week was
        Source: Primark ITA  -  1,074 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at Mar 22, 2000)
        1202 35 Oeport amount 1-nHh i-mtt 6-m<h Oepoemmount 1-nKti 3-mth g-mlh DBS Bank HSBC A$ A$ S10.000-A24.9S9 4 9400 5.1900 5 3600 25.000 74.999 4 3750 4 8875 5.1250 A25.000 A49.999 4 9600 5 2100 5.4100 75,000- 149.999 4 5000
        1,202 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Looking to India
        819 37  -  Its edge in technology, good returns in India funds appeal to investors, genevieve cua finds out GENEVIEVE CUA MOVE aside, Japan. Here's India. Single country India funds—there are only three Singaporeregistered ones f— are coming Into their own, as more people take note of the strong investment
        Source: Standard & Poor's Fund Services  -  819 words
      • Article, Illustration
        Lock icon DBS new tech fund strikes a balance
        679 37  -  Besides high-flying tech plays, blue chips will also be in stable By i Genevieve Cua IF you're an established fund manager, with a fresh, new management team in place, what better way to make an impact than to launch a new fUnd and
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      • Article
        Lock icon India technology stocks show promise
        954 37  -  By, Arjum Mittal The writer is economist, Global Economics Unit, at American Express Bank Ltd, London INDIA'S economic and domestic political outlook over the next 12 months is positive, even though its February 2000 budget fell short of expectations. The government missed an opportunity to
        954 words
      • Article
        Lock icon UNIT TRUST SCORE BOARD
        362 37 UWT T*#T«eCTOR (8 M0KTH8: 31 AUGeH7MA«00) CHANGE BENCHMARK CHANG 1 Henderson Global Tech/ Tech Global* 187.70 Wired Index' 52.89 2 OCBC 8NW IndMBQ todto 93 56 MSCI India 50.74 3 UOB Uted Global Tela/ 7S jWM Tete Gtobat 91.53 MSCI 0/AC Tefe 44.40 4 Presdner tnti
        362 words
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      19 38 INSIDE Looking to India funds for investment EM 9 Making the most of unit trusts' upfront charges EM 7
      19 words
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      Lock icon Page 38 Advertisements Column 2
      52 38 Your choice Car loans available NTUC Income 2.80 5.35 No DBS/DBS Finance 2 75 5 26 No UOB 2,70 510 No Hqiic] Loonq Fin/ SinqFrn 270 stO Yes Citibank 2.-70 510 .No ABNAMRO 2.70 5 10 Yes f,V.iyb.mk 2 bp 5 02 Yes SniW tlMiqr |W'fl i!ty l«i u«l» iis
      52 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      275 39 Bridge News, Reuters THE dry cargo freight market saw some weaker capesize fixtures, while > early panamax positions in the north Atlantic remained weak mi i Wednesday. The Baltic Dry index (BDI) fell four points to U620, the Baltic Panamax liadex shed seven points to 1,524, and the
      Bridge News,; Reuters  -  275 words
    • Article
      Lock icon MARITIME STOCKS
      226 39 «»a n *t- w CWT Dtftraxrtkm L01 jnch 20 Chun HI* 039 OJX '056 Cotco mwtrwrt —0.19 uncti I» frMahtUnk. OM mat 2188 0.n anc* 0 kwswhi* o.7o -am 44 MC n.MMlX-HK —5.60 UK* 0 hi i imam aw aoi M2 KappalCarp 3.94 0.34 rnrr MppalFtLS 117 OM
      226 words
    • Article, Illustration
      Lock icon Asia's premier maritime event to focus on IT
      476 39  -  IT Pavilion will include dotcom companies besides other products By] Donald Urquhart [SINGAPORE] Information Technology will be the focus of Asia's premier maritime exhibition and conference starting next week at the Singapore Expo. Sing Port 2000, jointly organised by PSA Exhibitions and
      476 words
    • Article, Illustration
      Lock icon Hovercraft for Venice canals?
      55 39 [VENICE] A British-made hovercraft passes by St Mark's Square in Venice's laguna during an experimental run. In an effort to deal with environmental and wave related damage, the local urban transport company ACTVis experimenting with using the hovercraft as a possible alternative to small commuter ships
      AP  -  55 words
    • Article
      Lock icon Court has jurisdiction to hear vessel ownership dispute
      743 39  -  ADMIRALTY CASEBOOK By Selva Kumar AN Australian Federal Court judge recently had to decide whether his court had admiralty jurisdiction over questions of "ownership" of a vessel in a situation in which a plaintiff was not asserting its title to a vessel
      743 words
    • Article
      Lock icon New India chemical port to start operations in June
      279 39 Reuters [BARODA, India] A new chemical port on India's western coast is expected to handle 1.8 million tonnes of cargo annually after it begins operations in June, the port's managing director said. "We will start operations in June and in the
      Reuters  -  279 words
    • Article
      Lock icon Los Angeles port sets record cargo volume
      178 39 [SINGAPORE] The Port of Los Angeles posted another record-setting cargo performance during the month of February. The port handled 167,830 loaded inbound TEUs (20-ft equivalent units) last month, representing a 25 per cent increase over the previous February. Outbound loaded TEUs were up
      178 words
    • PORTShots
      • Article
        Lock icon odiel buys CTE
        80 39 [LONDON] Spanish-based Odiel Group has bought fee 70 P*cent «*ke In Compania Transatlantfca Espanol* (CTE) owned by Americana Ships. The deal is retroactive from the start ofthe year and gives Odiel 100 per cent of the company, having already had a 30 per cent share. Americana chlef
        80 words
      • Article
        Lock icon New Swedish Club HK chief
        81 39 (LONDON] TordNOsson has bsen appointed head of the Hongkong operation of mutual P&I insurer the Swedish > Club, replacing Rune Bagenholm in the role from April l H>s dob's Hongkong operation is the base tor all its servicee in the Asia-Pacific region. The club has
        81 words
    • QUALITY shipping seminar 2000
      • Article, Illustration
        Lock icon Controversial issues in focus
        822 40 David Hughes previews this important maritime event THE Maritime and Port Authority of Singapore (MPA) is hosting the Quality Shipping Seminar at an appropriate moment. The objective of the meeting, starting here today, is to establish a dialogue between Europe and the Asia-Pacific on the issue
        FILE PHOTO  -  822 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      252 40 PAGC £a 5 A* 4 ECU Line 7 Accord 9 O UlratM H 7 Aspens*,, 6 Foo«gS« 9 AsuOCl 0 WIMj 14 Austral 8 Ul A.rnt U <*"**«« T ruqu. J BSA in m ljl v 4 w aw 6 sr *2 Biwqim> ill 13 Pit—indu 12
      252 words
    • QUALITY shipping
      • Article, Illustration
        Lock icon All parties must live up to their 'names'
        1288 41  -  Confucius can provide the answer for shipowners trying to promote quality shipping says LUA eho LUA CHENG ENG Sub-standard shipping cuts corners, endangers seafarers, cargo and the marine environment, and erodes the profits of quality shipowners by offering predatory freights. Quality shipping
        FILE PHOTO  -  1,288 words
      • Article, Illustration
        Lock icon Experts tackle thorny issues
        510 41  -  Speakers at the Quality Shipping seminar cover topics that will surely arouse controversy, reports David w-c*"- David Hughes THE Quality Shipping seminar's keynote speakers will set the political background against which a range of experts will make presentations on a wide range of important but mainly
        FILE PHOTO  -  510 words
    • Article
      Lock icon SHIPPING GUIDE
      18738 48 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advarttsar Vassal Voyaga T»l»pfton» ETA ETA Advartisar Vbs* Voyaga Talapnona SIN Dosfn Nam* Nam* NumBar Number SIN Dast'n Nama Nama Numbar Nundwr To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 Coto D'l voire 04/04 an* mol p fc o ned rio
      18,738 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        455 53 Itu Wo Bftt Antwl Igrtw JM|M "■"■"•a PIMTC M iim/xa 23/03/140 "•"MM 2004 jn 22/03/fcB 22/03/1740 MOO JOI 22/03/940 22/03/2040 ***** M 22/03/945 22/03/2359 MMKOI X] 22/03/M0 23/03/440 c IHIM JO* 22/03*20 22/03/BJ0 •*M»* SJ02 22/03/930 22/03/2340 W" 1/00 J04 22/03/1040 27/03/940 HMt-02 JC 22/03/R40 22/03/2340 W*M 04/00
        455 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1720 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO nortN/i*-" tstts SMp V«t W> Ett/tr Hh* frm To Frwi tajm m MM u a/soo aM arm jvsoc 2V*m :v*x it :vra :*x»v iVTO) 24*** 2vo»oe iVC'W iVIWI .'V^oc 4 2 WOO 2 WW 2VT700 mmu mo h/om h am
        1,720 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        189 53 AprS Taiwan: Women A Children's Day. Apr 4 Hongkong: Ching Ming Festival. Indonesia: Hari Raya Nyepi. Taiwan: Ching Ming Festival. Apr! Korwa: Arbor Day. A#r Indonesia: Muslim New Year. Malaysia: First Day of Muslim Calender. A»rt Philippines: Day of Valour. AprSS New Zealand: Market Holiday, Stock Exchange Closes
        189 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        770 53 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranass In US dollars Instead of single prices for a more comprehensive description of ths market Prices shown are baaed on averagestxed f rn Market movements are Indicated. The Cockett Bunker Price Index change and the
        770 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        384 53 Crtoa NO Kb NU 0.9 B.9 0.M 77 Ml m Dauttv Hatar OaaMw As* MM SaOkMaat Ha Mom £25 2 0 S 0 0 =2 380 Aw 907J OJ 04 0.06 04J t» 380 Ma 998.9 U IT J 0.11 90 047 BMW %W» »Mfr %Mi
        384 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Japan considers more int'l flights from Haneda
        385 54 Move will shorten door-to-door travel time by as much as an hour for some passengers AP [TOKYO] Japan said that it is considering increasing international flights at Tokyo's Haneda Airport, a downtown air terminal that is now used almost exclusively for domestic flights.
        AP; FILE PHOTO  -  385 words
      • Article, Illustration
        Lock icon Boeing confident B747 will remain dominant jumbo jet in next 20 years
        307 54 Bloomberg [TOKYO] Boeing Co, the world's biggest planemaker, said its 747 jumbo jet range will remain the dominant long-haul commercial aircraft in the next 20 years, defying archrival Airbus Industrie's claim that the A3XX is the 21st Century's
        Bloomberg; REUTERS  -  307 words
      • Article
        Lock icon European air controllers discuss delays
        310 54 Bloomberg [BRUSSELS] European air traffic controllers met on Wednesday in Brussels to rethink plans after the seeming failure of steps to cut flight delays that are costing the airline industry about 5 billion euros (SsB.2 billion) a year. A target of cutting the average delay
        Bloomberg  -  310 words
      • Article, Illustration
        Lock icon UPS chairman's pay up 39% to US$1.52m
        452 54 Bloomberg (ATLANTA] United Parcel Service Inc paid chairman and chief executive James Kelly US$l.52 million (552.58 million) last year, a 39 per cent increase from 1998, as he led the largest package-deliv-ery company to an initial public stock sale. Mr Kelly, 56, was
        Bloomberg; FILE PHOTO  -  452 words
      • Article
        Lock icon Lufthansa filled fewer seats in Feb
        284 54 Bloomberg [FRANKFURT] Deutsche Lufthansa AG, Europe's second largest airline, said it filled fewer seats in February when it added more capacity than passengers wanted. The German carrier filled 67.7 per cent of its seats, down 2.2 percentage points a year before, and a decline
        Bloomberg  -  284 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1477 54 cm RJ6HT ETA fUOHTJTP M«UM* AN0230 1905 AN0229 S0003 MO C2354 0910 IH6301 1905 IN6300 2230 ggl 2049 WW <6 S0230 WW «a» 2230 Hoot **741 BIO W***** 0905 AartwtM 6*975 1210 ****** 0130 s w7 1,35 lmlun KL0037 1535 KL0030 2335 $0****** K)35 AM32S 2345
        1,477 words
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      115 39 Substandard ships have come Into the limelight following the recent sinking of the Erika. Quality shipping practices have always been implemented worldwide. Under a Singapore Initiative, the Quality Shipping Seminar la being held in Asia for the first time P«i>i 2 and 3 RUSSIAN MARITIME REGISTER OF SHIPPING INTERNATIONAL CLASSIFICATION
      115 words
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      906 40 I NORTH AMERICA 1 I EXPORT I fsgg nFjfTf rfiniii in rrtiflHl iH*lnl —*nHir>Tr»iri)iira n L222—WTWIWWIIIBIIW UUIM.UI IV WIW KW_n t rtlti WM! AMERICA (MAfIWHITA StfiVlCfci 55 WW ■>■ WW I—Mi mm —w o«»o mim mn<w M 3&__ JSL X£« Jflßl J«US» «HHL mmmmmmsm. OOQMMMU 4BSII B/M B/M M/M l«/M
      906 words
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      497 40 lines service* represented /|X9|NV by Members of ihe Registry of Accredited Shipping Agents, S'pore Naliongl Shipping Awoc Mambars of Aw Singapore loqbtig AMooolion. NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBUUC PROJECT CARGO TO DAMPIER/FREMANTLE MV "TBN" ETA SIN 31/03/2000 BOOKINGS CALL MONKA/JUUA TIL 323 4374 CONTAINERS CONVENTIONAL CARGO ww Biw/awoan/jMUMttt
      497 words
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      46 41 Scaling New Heights Ltv Quality Spearheading Singapore's Development as a World Class Port and a Premier International Maritime Centre S?MP a Maritime Port Authority of Singapore I 460 Alexandra Road, #18-00 PSA Building, Singapore *****3 MNuAiaJRiI Singapore Tel: 65-375 1600 Fax: 65-275 9247 http://www.mpa.gov.sg /QUALITY CLASS
      46 words
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      948 42 TO EUROPE FROM EUROPE vtssa vot awra/yHMitvsoiinnifli llvtssa vor ono im hoi oov sou fx? ia sm I HTWGHNESS 323W 27/03 13/14 15/04 11/04 12/04 MAS S3M 5/83 7/03 10/03 11/03 29/03 APIAUMNNK 314W 30/03 22/04 19/04 20/04 17/04 MXMUZONTI 0171 11/03 1/03 0/03 4/03 30/13 TYW S34W 31/03 14/04
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      1398 42 (g) HANJIN SHIPPING fiDF 1 iikMr«ia> -ub an HMUW E) FTI ITP y»//— h—. M» loom* *****3S Wum *****74 731 POCUMfIn *****71 774 OfttMlOtS *****5»?5) MAM UM *****55 (U: *****44 dMM ISI44MOM TO NW USA CANADA USA (AMADA* vsiTwr |U. imnau/voy «A-~| nw M no I cm —ml on m
      1,398 words
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      378 42 resa wr_ m wt _!s__®_ JSL_SL ffi m -Sbasoma 71/03 m n/c b/b n/c ii/p n/p SffiSSffL -38- IS HBSM OMS 7VW 11/W 07/ M M/W OS/M mKmIl ~W TO Tl/C llfl lUflffiU Mil VMS T/fi" SSifcl-ilWßil-i patc tm—t —m«_ JO«L B/B B/m HII M«M» BMBTTmn liiUl'J|l mmmm z_ BBilwFt
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      1209 43 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA WT "ST" LfH HTM AIM HUM WW FU HOI WT M Off WI HI «I H MUMANMH MM MM II.M 13 M MM II.M MM UMKMBBMTM MM SB MM 11M DM IBM 9M NAMJM SAN HMMQSCO MW till 17 M M M 11M 11M
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      680 43 m.Am MAC-NELS S'PORE M'SIA Carrier MN CONTR LINES, INC p oudano. <07) smrrx l-JW J CM NO IXM67BOOOOC SBU: (064) *****9 1111 111 PENANG: (04) *****36 BANGKOK: (652)23M667 SURABAYA: (31) 32*3211 P KELAWG: (03) *****77 JCT <31) *****46 KUQ6NQ (OP) *****1-3 MANILA BARCELONA/GENOA MV "MARTRAVELLER" V. *****N MV *LT GARLAND"
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      674 43 EXPRESS CONTAMERFEEDER FOR M.SHEW (CPS HULUMO. MUMBA4COLOMM ALSO ACCEPTMG TO Ml NORTHERN MB WESTERN LCD. POMTS *NHI SPORE N SMFVA COLOMBO PKLAM6 TULSIOAS V.122 21 MM M APR H APR 1i APR CAPE CREUS VIM* APR 11 APR 11 APR 22 APR CAPE CANAVERAL Vl2l* M APR 11 APR 23
      674 words
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      1767 44 BTTT^T9339W9WTPVPITPS9i!9ffl I 99V^ff9WfPTfyPIT!fPP'^P9S9iV?WffITI!9VIVP^WV| IVESSEL VOY KMH HKO SIN PKO DXB PMM I BA 1 BIK 1 IRAN HEBABI PCL-147 22/03 24/03 28/03 20/03 08/04 00/04 11/04 13/04 IRAN BHAHRYAR PCL-148 20/03 31/03 04/04 08/04 15/04 18/04 18/04 20/04 IRAN BAABAEI PCL-149 08A>4 07/04 11/04 12/04 22/04 23/04 28/04 27/04 IRAN
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      489 44 GENERAL AGENTS IN SINGAPORE: SO ROtINSON RD TIL 226 1900 FAX: *****0S OUTWARD (IA) 4205*02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD DEFT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M SINGAPORE *****8 CONVENTIONAL *****01/850 T/SHPMT DEPT *****25 TIL 02-07-35 381 M FAX:
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      621 44 i i EUROK EXPRSSS SERVICE WWI tTW EXPORT IMPORT KtVTW (MOMSIOI MOM 1) MM NMBUMI MM SI HIIW *1* HMD MIWMT VU «t» liAHmxmcmHK* EXPORT IMPORT rasa wwr m lial om h««"» rasa [~v6t Im aa sb HiwtfliMfewii Mm »;yn bbm *nw M mm KJHJK nil 02/04 20/04 M/M IiMaMMyuxn.OMUSKM
      621 words
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      1252 45 ■EBMB—BW BMMBMBMBBMBBiRMMMM SGP RDM ANW HK THP ZEE LHV I UIV TW ID* UW HK PU SGP E. OaifiHT RW-rO 25*3 13*4 18*4 15*4 17*4 18*4 18*4 E. RACER RE-831 82*3 Ht3 83*3 88*3 87*3 28*3 27*3 E. DIADEM RW-818 11*4 2fl*4 21*4 22*4 2444 28*4 2M4 E. ROUND RE-M1
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      480 45 r====g PACIFIC INTERNATIONAL UNES (PTE) LTD gagg Ifc 140 Cecil Street, #03-00 PIL BuBdng, Singapore *****0. Cfl NO **********06 I pro. rar fi Im I T i«i 51SI I j OOP. SMATWAII 013 1/4 7/4 10/4 H/« »/< 11/sl I ii s iyy^lEM Ilvtssa CM AM Ml W FB a&
      480 words
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      390 45 lINJ SI TELOK BLAMGAH ROM) SM-M OTPONT CENTRE STONE MMS TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** Cfl WO. **********0W NAMKWA 12nm amnm rtmnm PH. mlmmmttok KA6URI nm tl/MMM UM/HM PONTIANAK mamma IV7M am/mm wuam palbman&pil.mlam UMMU CM EMM KJM/7M PONTMNM Far sasaMss ud bootaiQs pinii cMtactSEASPACE SHIPPING
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      373 46 BSfl a. ymm MYANMA \SBBk FIVE STAR UNE (Myoamar Nati««al Um) Loodiag for Yaogoo msa vot un m m kii HPA-AN M7W SIB SA6AM6 66W SID lALATSIA AfiQITS: OOUSTIAA SHIPPING AGOK3ES KUL TH (03)*****00 FKL TH (03)*****01 FBI: IH (04)*****62 PGU: IB (07) *****21/4 BANK LINE (A s«rvk« §1 Aairtw
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      1292 46 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Ivesa wf|gwisou|M<|»ni|Mir|HMi|wv|ia| Iwssa wr sou I iw I rm I awt I haw «v w. I sm MICOML 013* N/03 14/04 IS/04 04/04 11/94 MAS S3S 10/03 11/O 05/03 07/03 H/03 KT wooes 313W 77/03 12/04 13/04 15/04 11/04 KXUUZOMTI 0771 04/03 11/03 00/03 00/03
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      642 46 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA ''CAR RORO HEAYYUFT SERVICE* |VKsa I VOY |RAMP HEIGHT SIN UC MM) |MU SAV ML ORf NYC |KW ftOI tampere ahoo7 4001 m ajm "w7or "WoT oW ~0770T oi7or TT7oT iiTor "WoT H7«r W TUAS AHOOa 400 T«k 6.3 M 13/04 10/05
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      1647 47 INDONESIA NATIONAL LINE TO AUSTRALIA I RILL OOWPyWPI 9EHWIC6 va jwt m m m m sro m m m. m usumi m oar »/n m/m n/m it/H N»HKW ~m D/MM/M M*i ii/M T tnmn ~~"ns" w/wii/m n/w a/w a/w wi—Mta rs 17/xu/w a/w jo/n ii/»$~ FEEDER SERVICE TO INDONESIA va
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      87 50 n RICKMERS-LINIE R Agent: Hapog-Lloyd (S) Pie Ltd •Breakbott •Ovtntze 1 200 Caotomnent Road #06-02 Southpoint Project Caffo Container Singapore *****3 'Heavy-lift Services to: Regular Break-Bulk Project-Service US-Gulf East-Coast (Houston, New Orleans, Savannah, Camden, Baltimore) Europe Med (Alexandria, Savona, Rotterdam, Antwerp, Hamburg, UK) Interasia (Haiphong, Hong Kong, Shanghai, Dalian, Xingang)
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      36 50 •I SINOKOR MERCHANT "Sir*. mnf|f|y co LTD **m-Msim/nM/tTM üBMi FARWIDE SNIPPING AGENCIES PTE LTD EXPORT Ufc 221-U22 (S Urn) tac 2M-ISI4 PKL POKT KLAMC SIN: SINGAPORE HKO: HONG ION 6 USW: UISAW PUS: PUSAM KWT: KWAMGYANG
      36 words
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      48 50 SHIPPING WAREHOUSING Botaa: Singapore Datfy Mem 10Sat (BATAMTNfDO l/HT) Accepting Lift Reefer Container Bbtaa: Singapore Loacfcng Man. Wed A fti (BATAMINDO H) Accepting HCLAZonveroonal/Projea A Heavy Lift Cargo Tat 227 0322 Fu: 222 9330 l ull fHpplii| t Wwihmhg PN m Jk ta»H Umt fn» Umjm —HI WWW
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      1001 51 SSAMUDERA SHIPPING LINE LTD. 72 Amm Km 4, *04-01 to 03, fl«H»in *****1 NAM UM/OUTWARO: 532 SMI INWARD (80): 437 23M MPORT STATUS (BMfc 437 2371 INVENTORY (MO): 437 MM WoMta http,//« NO. 1047*******0 BOOKINGS UNI: 333 6266 (Calki/J—ka/Mai Chon/J—tynn/Poro/Howini) ISIGS/WKKLY BZBQ!SE!Q33!9H 3 sigs/WKKIY vcsa vot sm jar Iwssa Ivor
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      909 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I r«C I Mi in MI KM rooT OM|wjlUl|«l|M>|uv|l«»[M|MOM] NOKM PtMI /MSO U/M 14/ M 17/ M 30/M| 10/04 OS/M 17/ M M/M U/OSI >1 /M H/M IS/OS 10/05 M/Ot I 07/0* nam P"' M/M 14/04 17/04 jj/04 21/04 24/04 04/05 01/85
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      645 51 IN€ LIE SNIPPING CO moil I Mi SUM7S It Um| tan MMM/MMM I T a** ISMMOMOOt I msa VOY SM FU SMiTt KSIMOMM OotDhvd 5/DO 72/03 24/03 Dun Sot CM* 4/00 77/03 24/03 omh/TIM/ PN^ loyo 5/00 72/03 73/03 OiMa/lMn UnonStt22 3/00 26/03 28/03 >i l*wiS» 23 4/00 27/03 27/03
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      553 52 I VESSEL VOY SIN MAA SIN TIGER METRO 785N 28-29*03 OCWKKM 1112 AM TIGER STAR 786N 31-01/04 06-09/04 14-15/04 TIGER RHYTHM 787N 04-05/04 10-13/04 18-1&04 TIGER BRIDGE 788N 07-0604 13-1604 21-2204 TIGER METRO 789N 11 12/04 17 2004 25-2604 TIGER STAR 790N 14-15/04 20-23/04 28-2604 IVESSEI^^VO^^SIJ^^CA^^SI^^I SIN HAI 802 28-2603
      553 words
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      861 52 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin6singnet.com.sg DIRECT CONSOLIDATION SERVICE TO SAN JUAN, PUERTO RICO *SANTOS *PIREAUS •RIO DE JANEIRO -VALPARAISO -NEW DELHI (Patparganj) •DUBUN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN •SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee *****71 bobbyQflesin.com.sg
      861 words
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      1123 52 Fcrbookkgleaqmryeat437BlSo /jtv. Wtoksfte: htty//www.o»d.c— 'ATIT Im« w lo m **m mi I tart wc wa oi mi v OOQ MtBDCA 42£ SI 3 2MB 14AM It AH 70AM 20AM HAM OOQMHKXIWSW 7M17 01/03 02/03 03/03 00/03 24/03 OOaCAUFOBMA ***** (MM 21/04 74AM 77/04 27AM 21*4 lOOQOURWU43KIO 07/03 01/03 Of/IB 10/03
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      71 52 CONVENTIONAL-SERVICE VESSEL ETA ETD DESTINATION CHAHAYA VICTORY 27/03 28/03 PORT KLANG/PENANG/BELAWAN JUBILANT 29/03 31/03 YAMMN/CALCUTTAMSAK CHAHAYA STAR 31/03 034)4 VISAK/CALCUTTA REGULAR DIRECT COMTAMER ft BREAKBUuTI SERVICE TO PORT LOUIS ft DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 03WB 02/05 13AJ5 18/06 ALS EXPRESS 04WB 05/06 16/06 21/06 ACCEPTING TO
      71 words
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  • Page 53 Miscellaneous
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      180 53 -r 'JpP T y I M m HUM 1 HT AT il^&w 9ft jWBB «y7 •4==r A* x i» 4 X HHBL. m* -J|, M Af oT V\v m i;I- MM vjpebpi > -w^ v Sn si^tk**b^itx 2 X t F Jra. jffl BR tv I 1 ,1 J „.——^l^^—luS
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