The Business Times, 4 April 2000

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Microfilm: NL21790
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MTTA(PLe3S<I2*9?r 85* SINGAPORE Internet: http: business-times.asial com.sg TUESDAY. APRIL 4, 2000
    14 words
  • Article
    Lock icon MARKET SUMMARY
    62 1 Q VT7LH(-6091) mir-an mM nu7 (-18.38) CI aOHOI FDTHMB mm mm (-5.00) STOCX KABIET DmCES llnorfay Qngjg KLSEOOMP MM1 -8J7 mm S%7MJ9 +3M7 HANG SENG ***** SET INDEX JM.74 -0J8 JAKARTA COUP 679J9 -1U8 Manila coup —ijma TAffHWf 8B00LC0MP M44 -1169 CL8A CHINA B 9flX +41? AUSTALLORD S.1&2
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  • Article
    Lock icon FINANCE
    64 1 vpaiiSBB uss ss M -U» ipwpH—km—tat KIOffJS&SJ/E)- W>61 U31 i» if, a im «iii in MM BAIT JUS Mtf KfflAHM *B8 UHK* •ssMmwm* i PUBS BATES SINGAPORE* 5 JO KUALA LUMPUR 7 Si JAKARTA SUN BANGKOK 9.50 MANILA 1100 HONGKONG 8JO TAIPEI 7.84 SYDNEY 8M TOKYO 130 SEOUL 9.58
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  • Article
    Lock icon BG Lee outlines what is in store for local banks
    849 1  -  More transparency needed; rapid technological change makes upgrading urgent: BO Lee By Siow Li Sen [SINGAPORE] Building on its work in the last two years to open up the financial sector, the Monetary Authority of Singapore (MAS) is pushing ahead
    849 words
  • Article
    Lock icon Nasdaq dives in morning
    69 1 [NEW YORK] US technology stocks took a hefty 220-point tumble yesterday morning as the breakdown of antitrust settlement talks between Microsoft and the Justice Department shook Wall Street. The Dow rose, however, as skittish investors fled into blue chips. By 11.30 am, the index was standing
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  • Article, Illustration
    Lock icon CME board member Kloet to be first CEO of SGX
    386 1  -  |-i i exclusive Source says his mm was disclosed in ABM Amro internal memo By Siow Li Sen [SINGAPORE] Thomas Kloet, an American who is a board member of the Chicago Mercantile Exchange, will be the Singapore Exchange's (SGX) first
    386 words
  • Article, Illustration
    Lock icon Lim Choo Peng joins Ossia as exec chairman
    410 1  -  Market gives thumbs-op with counter up 4% By' Ven Sreenivasan [SINGAPORE] Former Stock Exchange of .Singapore (SES) president Lim Choo Peng has joined listed sports goods distributor Ossia International as its executive chairman. Mr Lim takes over the chairmanship from Ossia's co-founder,
    410 words
  • Article, Illustration
    Lock icon Sold for $498,750
    45 1 [SINGAPORE] They came and they bought It was a good weekend at the first major auctions of South-east Asian paintings this year in Singapore, with auction houses Sotheby's, Christie's and Glerum reporting encouraging sales. See PgX. Le Mayeur's Women At The Beach
    Le Mayeur's Women At The Beach  -  45 words
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      200 1 IMBIBE Obuchi m coma, may be replaced, JO Japanese economic recovery stilt on track, says latest official survey of corporate sentiment. Pg JO BT Comment Lee Han Shlh on the immigrant connection in Singapore's property prices, f*'* Mtndwt rhangm have some way to go, Pg 4 EaoerpU of BG Lee's
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Mystery.com
        137 2 A CURIOUS media invitation landed on our desk yesterday for a 10.45 am event today. Sent by public relations firm Citigate Dewe Rogerson i.Mage on the Singapore Exchange's letterhead, it said: "The Singapore Exchange Securities Trading Ltd will be holding a press briefing... to give its In-Principle Approval to
        137 words
      • Article
        Lock icon Pay to ask and sit where I say
        139 2 WHILE reporters may not be universally popular with companies, it is rare that we encounter an organisation that so obviously treats the press as second-class citizens. The American Chamber of Commerce, in a media alert sent to the press room to ask
        139 words
      • Article
        Lock icon Home isn't where the heart is
        103 2 WHAT'S causing the slow sales at a few recent private residential project launches, despite being priced within expectations? A major property consultant said potential investors in Singapore are a lot more sophisticated these days and have such a wide choice of investments to choose
        103 words
      • Article
        Lock icon Just a little gentle persuasion
        88 2 THE steep 27 per cent increase in development charges (DC) for residential projects from March 1 took many developers and property consultants by surprise. Now, some in the industry seem to think that the intention was not just to cool the collective sales fever but
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    • Article
      Lock icon Hutchison, SingTel eyeing 24.6% Time dotCom stake?
      499 2 iSarfNttysirtitspiikfto eommeattarvbmti {KUALA LUMPUR] Will Singapore Telscommunications go head to head with Hongkong's Li Ka-shing family again? According to a Bloomberg report yesterday, Sing Tel and Hutchinson Whampoaare both eyeing a 24.6 per cent stake in Time dot Com, the owner of the
      499 words
    • Article, Illustration
      Lock icon OUB teams up with first-e to launch e-bank
      480 2  -  50-50 joint venture goon ranniKftlining partofOUß's business By Ling Su Ann [SINGAPORE] Overseas Union Bank, the smallest of the Big Four banks, has found a partner in Europe's first purely Internet bank, flrst-e. They have formed first-e Asia, a 50-50 joint venture
      CHEW SENG KIM/ST  -  480 words
    • Article
      Lock icon AOL breaks into Old Economy ranks in Fortune 500
      829 2 New listing shows Net-savvy companies forging ahead AP [NEW YORK] Despite the startling rise in high-tech firms, just one purely Internet company America Online Inc broke into the ranks of the Old Economy stalwarts this year, and only at No 337
      AP  -  829 words
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      295 2 ULlhe Hull MBA OF HULL MBA (General) 28th Intake "Ranked Among Starting in Singapore May 2000 Session DWston' MBA (Investment Rnance) 10th Intake \^/oot^ O °V Universities, 1999" Starting in Singapore May 2000 UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" PhD" 0 MA/BA Doctor of Philosophy in Business
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      67 3 JplipiJpSf 13% in November from a yew earlier. Spend- Jaime d j J ff,-" ****"">** n aHmt J w m I !L°^..**!** *****«N* I I ill l pjlH ufiwf* gJutSs^^^^ 0 ffiL It- 1 CUnn' MIWL s*tts *n ™uec w* Ready, Set, Snop. vi v^j§« 1| The Race Is On
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  • FINANCIAL liberalisation
    • Article, Illustration
      Lock icon Mindset change key to future
      2387 4 Pressing on with financial sector reform liberalisation and upgrading is the immediate challenge Extracts of BG Lee Hsien Loong's speech at the MAS Work Plan seminar yesterday Adaw HwttwHal ly|lp For Singapore to grow as a (major financial) hub, we must extend our catchment area
      FILE PHOTO  -  2,387 words
    • Article, Illustration
      Lock icon BG Lee: Still some way to go in changing attitudes
      750 4  -  MAS seeks to regulate with lighter touch but tensions inevitable By Siow Li Sen ALTHOUGH the local financial industry has made many changes over the last two years in line with the rapidly changing environment brought on by technology and
      750 words
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      167 5 m f|&•.' BBBp& V, ip S?* I May As w/e move towards liberalisation, Sing Tel Mobile is erasing all borders to give you the freedom to send SMS to foreign network subscribers anywhere in the world that's over 160 foreign operators worldwide! What's more, from now till 31 May 2000,
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Proprietary trading on a cautious rise
      799 6  -  •ii exclusive Brokers seek to take np slack from felling commissions; house traders still in the game By 1 Siow Li Sen PROPRIETARY trading by stockbroking houses, sometimes conveniently blamed for steep price falls of particular stocks, is on the rise even though the
      799 words
    • Article
      Lock icon Horizon, US partner in e-procurement venture
      154 6 HORIZON.COM and its USbased partner Procure Net Inc will work with Singapore Power and listed KS Tech to provide e-procurement services to Asia-Pacific utilities, oil and gas markets. The deal is the first vertical portal, or "vortal", set up by Horizon and Procure Net,
      154 words
    • Article
      Lock icon Amtek to invest $7m for 25% stake in In-Tec
      202 6 METAL stamper Amtek Engineering is investing $7 million for a 25 per cent stake in a Singapore electronic contract manufacturer, In-Tec Global Pte Ltd. The money will be used by In-Tec for working capital and to further expand its operations. In
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    • Article
      Lock icon Jacks Int'l nets $663,000 profit
      266 6 JACKS International returned to the black with net earnings of $663,000 from a loss of $57,000 in the previous year. Turnover for the year ended Jan 31,2000 rose 14 per cent to $467.2 million. All of the group's business segments incurred losses except for its
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    • Article
      Lock icon Floating its subsidiaries could work for TCIL
      744 6  -  [I! lock siew christopher tan OVER a week ago, Tan Chong International Ltd (TCIL) directors revealed that the board would explore independent listings for its various business groups. The rationale given was "to unlock shareholder value". Given the way the share has been
      744 words
    • Article, Illustration
      Lock icon Telecom-linked shares tumble as competition bites
      591 10  -  News of more licences awarded than expected sends Sing Tel, KepT&T, SPH sliding Teh Hooi Ling THE larger than-expected number of telecoms licences awarded and the fierce cuts in International Direct Dial rates announced have led investors to dump Singapore Telecom and other telecom-related
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    • Article
      Lock icon Creative lakes 18% stake in distal music retailer Soundbuzz.com
      285 10  -  By* Andrew Wee CREATIVE Technology has taken an 18 per cent stake in homegrown digital music retailer Soundbuzz.com as part of its personal digital entertainment strategy. "Creative has invested in Internet and broadband (high speed Internet access) companies and now we
      285 words
    • Article, Illustration
      Lock icon Airocean offers 78m shares at 13.5 ¢ each
      382 10  - Airocean offers 78m shares at 13.5 each NEW LISTINGS By Eugene Low AIR cargo specialist Airocean Group yesterday launched its initial public offer of 78 million new shares at 13.5 cents each. Of the offer, representing 25.5 per cent of Airocean's enlarged share capital, 35 million shares have been set
      ARTHUR LEE  -  382 words
    • Article
      Lock icon 4 new online products from biz info provider DP after tie-up with RCB
      228 10 BUSINESS information provider DP Information Network yesterday said it would offer four new products following a tie-up with the Registry of Companies and Businesses. The new products are available through its sub-scription-based network as well as on
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    • Article
      Lock icon Lee Metal gets okay for Sesdaq listing
      224 10 LEE Metal Group, a steel products trader and manufacturer, yesterday said that it was given the go-ahead for a listing on SGX-Sesdaq. The group imports reinforcement steel bars and steel plates for sale mainly in Singapore. It also collects and processes steel recycling
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    • COMPANYBriefs
      • Article
        Lock icon Why LHT's profit fell abort
        62 10 LHT Holdings, listed last July, said yesterday that slower than expected acceptance ofits new technical wood product and the deferment in shipments to one key customer in South Korea resulted in the shortfall in pre-tax profit between the announced figure of $1.9 million for 1999
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      • Article
        Lock icon Chip Eag Seng sees profit fall this year
        48 10 Chip Eng Seng said yesterday that its current year results would be lower than its 1999 results, but it should remain profitable, despite the weak construction demand and intense competition. It was replying to a query from the Singapore Exchange.
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      • Article
        Lock icon MHE placet out shares to raise $2.2m
        56 10 MHE Holdings yesterday said it has agreed to place out Ave million new shares at 45 cents each which will rake in net proceeds ofs2J2 million. The money will be invested in MHE's e-commerce and Internet-related portal services, which Include those offered by
        56 words
      • Article
        Lock icon Poh Lian CEO quits
        26 10 POH T-i«» Holdings said its chief executive officer Chew Yen Keen has resigned, effective yesterday. Mr Chew was appointed only last June.
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      • Article
        Lock icon Anric sells shop waits for $70.5m
        93 10 AURIC Pacific Group yesterday said it has agreed to sell its 154 strata shop units on the fifth and sixth floors of Sim Lim Square for $70.5 million. The buyers are 10 companies which are all owned by Asian Property Partners, an investment ftind
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      • Article
        Lock icon Sea View elaborates on its 1999 results
        97 10 SEA View Hotel suffered a higher after-tax loss or $1.3 million for the half year ended December 1999 because of a decline in hotel operations and commercial property rental, the company said in a statement to elaborate on its results. Hotel performance continued
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      83 6 -i: w 4 It you want to gel that lit lie t)il .Mid i; iv c s ccur a I c and awe "ioi c sei i ous about improving your inspiring results on the fairways handicap, S-Yaid has the ultimate than you've evei thought possible. Diivci toi you. Come
      83 words
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      189 7 Citibank Manager Selection Program Investment managers vary greatly in their styles, the risks they take and the returns they generate. Evaluating them takes time and expertise that even some astute investors lack. Our Manager Selection Program gives you access to highly qualified managers, inside and outside Citibank. It's designed to
      189 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Public Packages warrant underpriced based on volatility
      178 8  -  WARRANT WATCH -By Ven Sreenivasan IN recent months, we have been featuring Malaysian warrants which have shown potential for strong upside as the date draws closer for Malaysia's reinstatement into the closely-watched Morgan Stanley Capital International Index. Today, we highlight the warrant of
      178 words
    • Article
      Lock icon Untitled
      446 8 llocta VWuma MAEEngg 36,728,000 STallSc 14,783,000 10,334,000 ModaHng 10c 8,587.000 BftetayNZlOc... a 8,228,000 IPCOzOc 6,410,000 IPCCorpnSc... 8,402.000 CB5c 8,060,000 SIA 5,855.000 tonic* P$1.00..... 5,738,000 •acta I PnHoCntafy 109.385,060 SIA..- 93,086,720 SPH 50,008.134 SfngTai 15c 34,537,270 Chart SnwConductor 26c 20.070,686 OCBC 1******2 DBSQip 17,109,547 Not Ok 10c 16.719,915 OwH»»T26c *****,541 NOL
      446 words
    • Article, Illustration
      Lock icon Telecom-linked, tech stocks hit, dragging STI dawn 2.9%
      493 8  -  l i comment STOCKS v.sreenivasan THE benchmark Straits Times Index fell 2.9 per cent yesterday as stock prices of Singapore Telecoms and other blue chips with a stake in the telecommunications industry plunged, following last weekend's opening up of the telecommunications sector.
      493 words
    • Article, Illustration
      Lock icon SIA trading at support levels
      242 8  -  HOT STOCK -W Wong Wei Kong SHARES of Singapore Airlines (SIA) dipped yesterday but appears to have found support with the stock finishing at the price at which the company bought back its shares. SIA shares finished down 10 cents or 0.6 per cent at
      242 words
    • Article
      Lock icon Market Notices
      133 8 ♦KEPPELTatLee Finance holding its A6M on April 12 at 10am, at 23 Church Street, #17-01 f Capital Square. ♦JURONGEnggwillbe trading ex-dividend (first and final dividend erf 7,50 cents) on June 1. Last day for buying'in on a cum basis is on June 6. Date payable is on June
      133 words
    • Article, Illustration
      Lock icon Yen reverses gains on BOJ intervention, Obuchi stroke
      315 8  -  -li comment CURRENCIES larry wee THE Japanese yen dominated Asian forex trading yesterday, after sharp gains in New York during Friday night's trading were reversed by aggressive intervention. Confirmation that Japanese Prime Minister Keizo Obuchi had suffered a stroke over the weekend
      315 words
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      209 9 W mm m j i'" l Sg* I hm Ei Kk jjBF p 5, J^H J| C H I its all in the name I I Get yours now! J Register with Pacific IntGVTIGt now and your domain name comes FREE! If you haven't already registered your Company's domain name,
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      164 10 Effective Project Management... Henley Management College is a leader in the field of flexible MBA programmes for busy International executives. The Project Management MBA is an exclusive programme that aims to prepare managers for senior positions in project based organisations, whilst enabling technical managers to improve their project skills and
      164 words
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      Lock icon Page 10 Advertisements Column 2
      68 10 M LION CITY HOTEL Comfort Convenience Affordable ■■■■M SPECIAL PROMOTION Stagte/Douto Occupancy I FuN day rate Day use rate I2pm-7pm Night me rate 7pm-3am 'Subject to 10% service charge. Covrnwat Tax Inclusive of GST. JafoMltoMSMlß 15 mim drive to (kmgi Airport lOmrs4nvik>GD Work! Irode (mtn, Swte Cfc OrdrndbaimdZqapon Expo Cmktm
      68 words
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      24 10 Jof ,C com^ort*Si^ suooksJUl bfwt You'll find the most practical things in The Straits Times Classified today. CATS. Boy it. Sal IL Find It
      24 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Why the wait to clear ATM cash deposits?
      133 11  -  Li Zhen Ji Singapore MY experience with depositing cash via DBS Bank's ATM is that it takes one working day to clear. If you make a cash deposit in the morning, it can only be available 2pm the next day. If you
      FILE PHOTO  -  133 words
    • Article
      Lock icon No need for IR8A if bosses e-file: IRAS
      204 11  -  Chia-Mao Kawn Hwa (Mrs) Manager (Public Relations) Inland Revenue Authority of Singapore WE thank Robert Zeng for his letter "E-filing by bosses: a query on IR8A" (BT, April 1). It gives us the opportunity to clarify the matter relating to IRBA. IRBA
      204 words
    • Article
      Lock icon Developers can no longer hide inefficiencies
      201 11  -  Chan Wing Kee Singapore WHAT implication does the Internet have for developers? That there is a potential for perfect competition and that the chance of making supernormal profit due to imperfect imformation is now almost zero. Why are some developers at a loss? Is
      201 words
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      30 11 Tha Straits Timas Classified where r virtually avarythinq I J is at your f nngtmps. jw I W fa J i CATS. I Kill Boy k. S«i It Fted h
      30 words
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      Lock icon Page 11 Advertisements Column 2
      148 11 They have made their mark on world trade. Asia Pacific Breweries, Bax Global, Borealis Singapore, Cerebos Pacific, Creative Technology, Hewlett-Packard Singapore, Informatics Holdings, Keppel FELS, Maersk Singapore, Salcon, ST Logistics, TT Importers Exporters, Texas Instruments Singapore, Toepfer International-Asia and Venture Manufacturing. Are you ready to make yours? T, 'v 2000-2001
      148 words
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      31 11 You can e-mail us at btletterQsph. com.sgorfaxus at *****71, or mail your letter to The Business Times, Times House, 390Kim Swig Road, Singapore *****5. Please giveyourfuH name, address and telephone number.
      31 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon New telcos want IDA to intervene if competition is stifled
      739 12  -  I-it exclusive Sing Tel has made it clear that it does not exist to make life easier for its competitors Byi Catherine Ong NEW players in the Singapore telecoms market said the Infocomm Development Authority of Singapore (IDA) should come
      FILE PHOTO  -  739 words
    • Article
      Lock icon Bumper crop of CFA candidates this year
      299 12 THIS year's Chartered Financial Analyst (CFA) examinations have attracted 31 per cent more candidates from Singapore compared to last year, the exam administrator said yesterday. The Association for Investment Management and Research (AIMR) said in a statement that there were 3,822 candidates from
      299 words
    • Article
      Lock icon Petrochem firms: Opec output hike will stabilise oil prices
      343 12  -  By. Eugene Low PETROCHEMICAL companies here welcomed the Organisation of Petroleum Exporting Countries' (Opec) decision to raise oil production, adding that the move would help stabilise oil prices and reduce raw material costs. Last Wednesday, Opec decided to boost oil production
      343 words
    • Article, Illustration
      Lock icon S'pore, NZ to wrap up free trade talks by June
      721 12  -  l»i.« exclusive S'pere official says suitably tangoed pacts can stimulate global trade liberalisation From, D Ravi Kanth in Geneva SINGAPORE and New Zealand plan to wrap up their bilateral talks to form a free trade agreement (FTA) by June, a
      FILE PHOTO  -  721 words
    • Article
      Lock icon M1, Nets launch service to top up cashcards using mobile phones
      304 12  -  By 1 Teh Hooi Ling MOTORISTS and other consumers will soon be able to top up their cashcards using their mobile phones. The service, provided by Mobile One and Network for Electronic Transfers (Nets), will be available this month.
      304 words
    • Article
      Lock icon Local portal offers unlimited Web-hosting space, free e-mail
      136 12 A LOCAL Web portal, AtoZasia.com, is investing $5 million to launch free, unlimited Web-hosting facilities in Singapore. The service, targeted at both individuals and businesses, will offer unlimited Web-hosting space on its servers. The site allows users to create their own sites.
      136 words
    • Article, Illustration
      Lock icon Purchasing figures set new highs and a low in March
      326 12  -  I =vi 3 on the economy manufacturinn By. Anna Teo APART from the overall measure picking up nicely, the latest purchasing managers' index (PMI) is notable for recording several new highs and a low in its sub-indices. At 62.5, the
      Source:  -  326 words
    • Article
      Lock icon Corrections and clarifications
      52 12 IN last Friday's story, "7 new members for Turf Club committee", we wrongly reported that Herman Hochstadt and Koh Yong Guan will serve as chairmen of the club. Only Mr Hochstadt is serving as chairman, while Mr Koh is the club's deputy chairman. We are sorry for
      52 words
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      66 12 IN 2 YEARS! If you have a first degree from a recognised Comm«nc*m«nt: 29 April 2000 University, you may pursue the University J Weeken<l classes sat afternoon Sun morning) of London's LL.B direct honours degree in Courwtew 4 2 years thru* the graduate entry route. ▼V*' 7 ftt wrfU tt
      66 words
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  • FOCUS property
    • Article, Illustration
      Lock icon Foreigner affairs
      660 13  -  comment PROPERTY Sales of state land can be an Indicator of Singapore's Immigration policies and subsequently a predictor of movements In housing prices lee han shih INTERESTED in what would affect Singapore's housing prices? Then keep a close watch on the government's immigration policies. From now on, these
      660 words
    • Article
      Lock icon Landed property owners put up St Michael's site for sale
      181 13 [SINGAPORE] The owners of six landed properties at St Michael's Road, off Serangoon Road, are putting their homes up for sale and are expecting $10.4 million. The four intermediate and two corner terrace houses have a combined land area of
      181 words
    • Article, Illustration
      Lock icon Not making it in Silicon Valley
      577 14 Family of four with annual income of U5553,000 considered in poverty AFP [SAN JOSE, California] THEY are waiters, security guards and warehouse workers. In Kansas or V irginia, their incomes might be considered substantial. But in this valley of astonishing wealth, they are in
      AFP; FILE PHOTO  -  577 words
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      268 13 T° improve your business, we have left no stone HU 1 unturned ■w ■gl BCI Asia's FIT-OUT Report is a resource BS for Plumbers, Painters, Electrical Contractors and anyone who supplies products or services to companies that move, upgrade or fitout new or existing premises. Every working day, our dedicated
      268 words
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      213 13 Good Class Bungalows On Prime Freehold Land AT SWISS CLUB ROAD PLOT A 1 FT PLOT B 268 Swiss Club Road 26C Swiss Club Road Land 15,264 sq ft Land 16,227 sq ft Lot 2001 MK 15 Lot 2002 MK 15 Possibility to combine both adjoining sites Exclusive and prestigious
      213 words
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      Lock icon Page 13 Advertisements Column 3
      416 13 FOR SALE BY TENDER Large Hi-tech Industrial Development At No. 1 Yithun Avenue 7 Jft Land Area approx. 643,560 sqft Gross floor area of approx. 657,500 sqft, comprising 2 manufacturing buildings, 2 office blocks, a conference centre and laboratory HDB leasehold of 30+30 years from 1 Dec 1988 Zoned "Light
      416 words
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      153 14 WhWiir---*' l *&0W Novena Square Office Towers. The one corporate address set for commercial excellence. Novena Square Office Towers redefine the meaning of having convenience at your doorstep, with the rare distinction of having an MRT station in its basement. Rising above Novena MRT station and outside the CBD, islandwide
      153 words
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      242 14 CONDOMINIUM DEVELOPMENT SITE NEAR |00 CMU CONSERVATION AREA FOR SALE I Fr«eWd Land appro*. 69,948 sq.ft. I Plot Ratio U.tf) to 4-Storev A* 10 Potential 90 units lioaikxis /M9mM Ch ng ao*D Condominium project I P V Vlanlty tottstaricalJooGiat l p L 1 Conservation area i. I joocmr place i
      242 words
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      14 14 TODAY tk lUanhe Zanbao SGX shouldn't object to incentives offered by broking houses KwfT
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  • eNews
    • Article, Illustration
      Lock icon T-Online IPO priced at 26-32 euros
      608 15 Deutsche Telekom hopes to raise 2.6b to 3J2b euros; investors can place orders till April 12 AP, Bloomberg, Reuters DEUTSCHE Telekom set the price yesterday for the spinoff of its Internet service provider T-Online at 26 to 32 euros (5542.65 to 5552.50) per share,
      AP,; Bloomberg,; Reuters; REUTERS  -  608 words
    • Article
      Lock icon CMG to buy UK rival Admiral for £1.4b
      327 15 LONDON Acquisition will give CMG Internet security products Bloomberg CMG pic, a British-Dutch computer services and software company, has agreed to buy UK rival Admiral pic for £1.4 billion (553.78 billion) in stock, adding Internet security products to help grab more wireless
      Bloomberg  -  327 words
    • Article
      Lock icon Cisco tech chief Estrin leaving to launch startup
      510 15 -raonai Reuters [PALO ALTO, California] Cisco Systems bio's chief technology officer, Judith Estrin, will leave the world's biggest maker of gear that powers the Internet at the end of April to return to her roots as an entrepreneur. Most of the duties
      Reuters  -  510 words
    • Article
      Lock icon IBM process makes chips 30% faster
      295 15 NEW YORK Reuters INTERNATIONAL Business Machines Corp said yesterday it has developed a process to make microchips up to 30 per cent faster, paving the way for faster Internet access and increasingly powerful wireless phones and other devices. IBM's new production method uses an
      Reuters  -  295 words
    • aBriefs
      • Article
        Lock icon CallNet in London backdoor listing
        65 15 Reuters [LONDON] UK-based Internet service provider Call Net said yesterday it would list in London via a reverse takeover of computer hardware firm Primar-e pic in what may be Britain's biggest Internet float this year. The market capitalisation of the company is expected to be
        Reuters  -  65 words
      • Article
        Lock icon Web-baaed global public library planned
        72 15 AFP [LONDON] Six of the world's top educational institutions were to announce a project yesterday to create fathom.com, an Internet-accessed global public library, the Financial Times reported. Britain's London School of Economics, Cambridge University Press and The British Library, and in the United States Columbia
        AFP  -  72 words
      • Article
        Lock icon One.Tel to up bid for UK licence
        75 15 Bloomberg [SYDNEY] One.Tel Ltd, an Australian telecommunications company backed by Rupert Murdoch's News Corp and Kerry Packer's Publishing Broadcasting Ltd, said it plans to boost its bid for a UK third-generation wireless licence. Its limit price "had not been reached", spokeswoman Sandy Slessar
        Bloomberg  -  75 words
      • Article
        Lock icon Nokia wins US$500m GSM 1900 deal
        54 15 Reuters [HELSINKI] Finnish telecoms equipment maker Nokia said yesterday it had won one of its largest rteaia ever for GSM in the US. A US$5OO million (SsBs9 million) handset and network expansion deal with US operator Voice Stream calls for it to expand its
        Reuters  -  54 words
      • Article
        Lock icon Mattel rushing to dump software unit
        63 15 Reuters lnl w YOKKJ Mattel Inc is rushing to sell its beleaguered Learning Co software and interactive unit for possibly only a third of what it paid a year ago, the Wall Street Journal reported in its online edition yesterday, adding it was expected
        Reuters  -  63 words
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      214 15 Years of specialized i experience. Now it's time to go back to school. Join us in Singapore 2000 to The Michigan Business School has find solutions to your 75 years of history delivering business problems effective solutions to top business executives Singapore Management of Managers May 1 5,2000 Human Resource
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      255 15 Two great cities.... Two great hotels.... From February 1 to May 31, 2000, experience 5-star luxury in two exotic locations. With their "TWin City Promotion", The Regent Singapore and The Regent Kuala Lumpur offer a special rate of ***** and RM33O per night for Deluxe accommodation. >' •>* Complement a
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  • EDITORIAL & opinion
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      Lock icon Firms should not hide state of their wealth
      818 16  -  wm bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT THE major reporting season for
      818 words
    • Article
      Lock icon IN OTHER WORDS
      127 16 This has to be very bad news for the tobacco industry. I think things are quite bleak for them. But not as bleak as it has been for their customers who have got sick and diedan anti-tobacco activist and law professor, on a San Francisco Jury's decision
      127 words
    • Article
      Lock icon Cleaning up Thai politics
      662 16 EDITORIAL THE resignation of Thailand's Interior Minister Sanan Kachornprasart, on the heels of the dramatic decision of the Election Commission (EC) to annul the results of elections for 78 Senate seats, augurs well for the process of cleansing its political system. Mr Sanan quit last week,
      662 words
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      Lock icon Is stock boom creating a dot-con economy in US?
      816 16  -  When new firms are valued at many times revenues, they are highly tempted to pomp np revenues By Sebastian Mallaby The Washington Post BACK in the 1980s, when Japan's economy was riding high, foreign correspondents had a wonderful time deriding its
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      Lock icon Robertson apart of momentum investing he decries
      755 16  -  COMMENTARY By l Paul Krugman NYT ONLY 18 months ago, Julian Robertson's Tiger Management had US$22 billion (5537.7 billion) in capital, and could leverage that capital into huge speculative positions. Whole nations trembled at the prospect that the mighty hedge fund might attack
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  • REGIONAL news
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      Lock icon SIA, Thai Airways to meet for Star Alliance talks next month
      378 17 BANGKOK Move comes amid fears that SlA's entry may cat Thai Airways' income AFX Asia, Bloomberg SENIOR managers of Thai Airways International and Singapore Airlines hope to resolve differences and discuss sharing the benefits offered through the Star Alliance
      AFX Asia,; Bloomberg  -  378 words
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      Lock icon SIA/Qantas cannot buy 40% of Air NZ, says Premier Clark
      290 17 m WELLINGTON Reuters NEW ZEALAND Prime Minister Helen Clark yesterday maintained her opposition to a foreign entity taking a 40 per cent stake in Air New Zealand, as rivals Singapore Airline and Qantas Airways appear to be eyeing a possible
      Reuters  -  290 words
    • Article
      Lock icon Labour strike takes Gudang Garam shares dowm 4.5%
      169 17 KEDIRI, Indonesia Reuters A MOUNTING strike at the main plant of Indonesia's top cigarette maker PT Gudang Garam knocked the company's shares down 4.5 per cent yesterday. Some 10,000 workers had stopped work demanding higher wages and allowances. Striking drivers also prevented
      Reuters  -  169 words
    • Article
      Lock icon Country Heights to sell new stock to raise RM401m
      117 17 KUALA LUMPUR Bloomberg COUNTRY Heights Holdings Bhd, a Malaysian property group, said it plans to sell new stock to existing shareholders to raise 401 mUlion Malaysian ringgit (*****.9 million) to help repay debt and fund its business. The company's property expansion
      Bloomberg  -  117 words
    • MARKET moves
      • Article
        Lock icon MUI found IT in Zhaodaola
        107 17 INVESTORS snapped up shares of Malayan United Industries foUowing its announcement that it had set aside 100 million Malaysian ringgit (5545.1 million) for IT ventures. The counter rose 24 sen to RM1.09 with 22 million shares changing hands. The group, which is controlled by tycoon
        107 words
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        Lock icon Multivest jumps on Net talk
        67 17 Multivest the former troubled property company caned Best World Land leapt 42 sen to RM2.34 on expectations that it will also become an Internet play. The company is controlled by Kenneth Eswaran, who developed a mall with the same name in Johor Baru in the
        67 words
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        Lock icon Commerce Asset hit by results
        86 17  -  Compiled by Eddie Toh Commerce Asset-Holding Berhad eased 10 sen to RMIO.BO following its less-than-inspiring set of results last Friday. Analysts said the company, which owns the second biggest banking group in the country, may come under further selling pressure but the share price will
        86 words
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      Lock icon Indon minister urges discussion on impact of fuel price hikes
      547 17 JAKARTA Reuters MINES and Energy Minister Susilo Bam bang Yudhoyono said yesterday Indonesia's government and parliament should meet to discuss the impact of ftiel subsidies on the AprilDecember 2000 Budget. "I think the government's decision to delay the domestic oil
      Reuters  -  547 words
    • Article
      Lock icon Malaysia may introduce bond futures to boost debt market
      332 17 KUALA LUMPUR The move will help deepen the market, says official Bloomberg MALAYSIA is considering setting up a bond futures market in its latest move to increase activity in the country's debt market, a government official said. Mustapa Mohamed, adviser to
      Bloomberg  -  332 words
    • Article
      Lock icon M'sian aviation firm to seek listing
      157 17 KUALA LUMPUR Reuters AVIATION firm Airod Sdn Bhd plans to list on the Kuala Lumpur Stock Exchange in September with an initial public offer price of between two Malaysian ringgit (550.90) and RM3 a share, a newspaper report said yesterday. The Malaysian Business Times
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    • Article
      Lock icon Malaysia's trade surplus widens 4.4% to RM4.7b in February
      412 17 KUALA LUMPUR Exports of electronic gjMds climb 12% while imports of intermediate goods rise 7J% Bloomberg MALAYSIA'S merchandise trade surplus widened in February as exports outstripped imports for a 28th straight month, led by shipments of electronic and electrical components. The
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    • NOTEBook
      • Article
        Lock icon Prosecutors question Saharto at home
        72 18 AP [JAKARTA] After defying summons to appear at the attorney-general's office In connection with a corruption scandal, state prosecutors visited ex-president Suharto at his home yesterday and questioned him. The five-man team spent 90 minutes with Mr Suharto before state doctors stopped the interview after
        AP  -  72 words
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        Lock icon Thailand may get rating upgrade
        80 18 Bloomberg [BANGKOK] Thailand's credit rating, which fell below investment grade after the country ran a failed currency defence and spent tens of billion of dollars to prop up its finance industry, may be upgraded. Moody's Investors Service put the country's rating of "Bal" for long-term
        Bloomberg  -  80 words
      • Article
        Lock icon KL scientists can earn more overseas
        58 18 AFP [KUALA LUMPUR] Expatriate Malaysian scientists and technologists are unwilling to return home to work because they can earn up to ten times more overseas, Science, Technology and Environment Deputy Minister Zainal Dahlan said yesterday. He told Parliament their wages in Malaysia were around6,ooo
        AFP  -  58 words
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        Lock icon Indon Feb trade surplus up
        63 18 AFP [JAKARTA] Indonesia's trade surplus in February rose 13.3 per cent from January to U552.53 billion (Ss43 billion) as exports rose and imports declined. Central Bureau of Statistics head Sugito Suwito said yesterday. Exports in February increased to US$4.6l billion from U554.37 billion in January,
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      • Article
        Lock icon Taiwan bank bays Viet bank stake
        61 18 Bloomberg [JAKARTA] United World Chinese Commercial Bank, Taiwan's largest privately owned bank measured by assets, bought 50 per cent of Vietnam's Indovina Bank from Indonesia's bank rescue agency for US$lO.l million (5517.3 million). Indovina Bank is a joint venture bank between r»w deftinct PT
        Bloomberg  -  61 words
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      Lock icon Abdurrahman installs economist as Bulog chief
      357 18 JAKARTA Agency's books most be openly audited, he tells commodity regnlator Reuters INDONESIA'S President Abdurrahman Wahid yesterday installed economist Rizal Ramli as the new head of state commodity regulator Bulog and asked the agency to be more transparent. "Bulog has to practise open and
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    • Article
      Lock icon Long-term risks seen in booming Thai electronics sector
      242 18 BANGKOK AFP THAILAND'S booming electronics sector is set for strong growth but this may be hampered in the long-term by lagging research and development and the industry's need for expensive technology upgrades, says a new report. Electronics firms have seen encouraging growth
      AFP  -  242 words
    • Article, Illustration
      Lock icon High fuel costs drive protest
      56 18 [PHNOM PENH] Opposition leader Sam Rainsy waves from a motorcycle taxi as he leads a protest by motorcycle taxi drivers against soaring gasoline prices in Phnom Penh yesterday. More than 500 drivers called for government intervention to bring down gasoline prices, which they say are
      AP  -  56 words
    • Article
      Lock icon Jakarta ready for international lawsuit over pulp plant closure
      334 18 JAKARTA AFP THE Indonesian government is ready to take up the challenge of a lawsuit by foreign shareholders of listed pulp and rayon producer PT Inti Indorayon Utama (IIU) over the forced closure of a plant in North Sumatra. "There is
      AFP  -  334 words
    • Article
      Lock icon Independent second boards favoured
      198 19 SHANGHAI Shanghai bourse report also calls for easier listing norms Reuters A SHANGHAI stock exchange report has proposed that planned high-technology trading boards be kept independent from the main boards, the China Securities newspaper said yesterday. China's two stock exchanges in Shanghai and Shenzhen plan to
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    • SINOBriefs
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        Lock icon After-bours trading for Taipei bourse
        63 19 Reuters [TAIPEI] The Taiwan Stock Exchange will launch an after-hours trading session from tomorrow to enhance the market's appeal to investors. Under the plan, investors could trade mainboard and over-the-counter market stocks based on closing prices for half an hour from pm to 1.00 pm(*****600
        Reuters  -  63 words
      • Article
        Lock icon China firm to issue 300m new shares
        93 19 Reuters [HONGKONG} Central China Enterprises Ltd said yesterday it would issueBoomillion new shares at HK$O JO each to raise HKSSB million (SH2.B million) for expanding into high-technology business. The investment holding company said in a statement it would issue 120 million new sharesto
        Reuters  -  93 words
      • Article
        Lock icon 2 more HK telecoms licences given out
        70 19 Reuters {HONGKONG] Hongkong's telecommunications authority said yesterday it would issue two additional licences for the operation of external telecommunications facilities. "The two successful applicants are One Link Cable Network Limited and Telhope Information Development Company Limited," the Office of the Telecommunications Authority said.
        Reuters  -  70 words
    • Article, Illustration
      Lock icon CyberWorks stays below HK$18.62
      665 19  -  Share price dives to HKSI6LBO, its lowest since HKT deal was announced From Meera Tharmaratnam in Hongkong RICHARD Li's Pacific Century CyberWorks crashed further away from the critical level of HK518.62 yesterday, dropping 7.7 per cent to HK$l6.BO, its lowest level since the Internet company announced
      Source: Bloomberg  -  665 words
    • Article
      Lock icon HK economy likely to grow 8% in Q2
      400 19 UHONGKONG Reuters HONGKONG'S reviving economy will grow a robust 8 per cent year-on-year in the second quarter of 2000, a conservative business lobby said yesterday. The Better Hong Kong Foundation, set up by business leaders before the 1997 handover to China, said
      Reuters  -  400 words
    • Article
      Lock icon China Strategic gains control of Po Wing Kwan
      180 19 HONGKONG Reuters PROPERTY developer Po Wing Kwan International (Holdings) Ltd has received notice that China Strategic Holdings Ltd has boosted its stake in the company to about 57.82 per cent of its outstanding shares. In a statement, Po Wing Kwan said it
      Reuters  -  180 words
    • Article
      Lock icon India to set up special economic zones, push exports
      367 21 NEW DELHI Minister also takes measures to streamline expert procedures FT INDIA plans to set up special economic zones on the Chinese model as part of an attempt to double the annual rate of export growth. Murasoli Maran, commerce and industry
      FT  -  367 words
    • Article
      Lock icon Pakistan approves transit rights for Iran-India pipeline
      385 21 ISLAMABAD AP IN a surprise gesture to hostile neighbour India, Pakistan's army-led government approved a pipeline from Iran, across Pakistan to supply gas to TnHi« Jehangir Bashar, a Petroleum Ministry spokesman said yesterday. "It will be an onshore pipeline and Pakistan will get
      AP  -  385 words
    • Article
      Lock icon Indian rate cut benefits will be limited: analysts
      586 21 NEW DELHI Banks may not lower lending rates mnch because of high costs Reuters INDIA'S central bank on Saturday cut its key lending rates to spur corporate investment and help reduce the government's own borrowing costs. But analysts say that while the
      Reuters  -  586 words
    • ASIANotes
      • Article
        Lock icon Big annual ADB loans for Bangladesh
        60 21 Reuters [MANILA] The Asian Development Bank (ADB) said yesterday that it had agreed to lend up to US$5OO million (SsBBo million) a year to Bangladesh to help reduce poverty. "This is the first such agreement in South Asia, home to a large portion ofthe
        Reuters  -  60 words
      • Article
        Lock icon Voluntary retirement plan in India
        62 21 Bloomberg [NEW DKLHII India is drawing up a voluntary retirement plan to reduce the number of workers at more than 200 state-run companies to cut costs and make them profitable. The plan will include severance pay for retirees, Manohar Joshi, minister of heavy industries, said
        Bloomberg  -  62 words
      • Article
        Lock icon Sonia Gandhi on tour of states
        59 21 AFP IMKW UELJIIJ opposition leader Sonia Gandhi will undertake a tour of eastern and northern Indian states starting today to resuscitate her tottering Congress party. U* Italian-born Mrs Gandhi will first visit her northern constituency of Amethi and address party workers in the western
        AFP  -  59 words
      • Article
        Lock icon GE plans joint venture in India
        65 21 Reuters [NEW DELHI] India's Bharat Heavy Electricals Ltd (BHEL) said yesterday It wa« pUnniwg a jnlirt wwnturo with GE Transportation Systems, part at the US-based GE group, to make diesel-electrical propulsion sets. Shortly after the news, BHEL shares were traded at 131.30 rupees in
        Reuters  -  65 words
      • Article
        Lock icon Indian steel experts surge 75%
        74 21 Bloomberg [NEW DELHI J Steel Authority of India Ltd, the largest steelmaker in South and South-east Asia, said yesterday that exports surged 75 per cent in the year ended last week as it expanded overseas markets to combat alow domestic demand. Exports rose to 760,000
        Bloomberg  -  74 words
    • Article, Illustration
      Lock icon Big petrochem unit comes to life
      286 21 HALDIA, India Reuters INDIA'S 51.7 billion rupee (Ss2 billion) Haldia Petrochemicals Ltd (HPL) started production at its cracker complex on Sunday, some 23 years after the chequered project was first proposed. The pet dream of Left Front rulers of West Bengal, who have managed
      Reuters; REUTERS  -  286 words
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      64 17 I|ll!liLI!liLI!liLI!liLlia!lia!li[l!liM!liLI!liLliL|| S Founded 1905 MRMj National University ■■■I jjj of Singapore PROFESSOR DUDLEY WILLIAMS K 3 Lee Kuan Yew Distinguished Visitor |JJ| "TIME AND CHEMICAL COMPLEXITY" E y Date Wednesday, 5 April 2000 3 Time 6:00 pm H Venue Lim Seng Tjoe Lecture Theatre M (LT 27), National University of
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      116 18 HkIIM:39 we:: "*ImWWBBPB *!>'■ MP-* v^'«-."• ;.^?is*H t;."r-V v*^r~'*^K*- -'"^v. V j. '^^jjj^lawHsß^ Y■Vi' "-^^Mjiilß iMMKfel<^^^^^^^^^^^^^^ rrn IriVni Ipi T TF •I i ("J jJ j) Sr fm -jljjn J.J "f f I^Py UYSV tvvrlwSSmmHßß In business, as in life, it's important to know what's coming your way. Which is
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      417 19 KPMGSeminarSeries Derivative Instruments Hedging Activities US GAAP Issues Explained Thursday, 20 April 2000,9.00 am to I.oopm, Orchard Hotel, Ballroom 1 Innovation in global financial markets has resulted in an explosive increase in the types and uses of derivative instruments. Combinations of instruments with unique payoff patterns have become more prevalent.
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      73 19 I B I *JK^H I Pssj&\ HiK^m ••,&^i II '^■^^SiiiPr j# O,A _WJIkEMMbJi jgtf A t^i^B I •Prominent development I at Eunos Kaki Bukit with 1 high visibility 1 •Minutes away from I Eunos MRT station aI^HMI I "Finishes similar to I office standard I "Private car parking I loading
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      173 20 GOOD NEWS IF YOU'RE PL/MNING TO BUILD AN INVESTMENT POrTEqi in jH^ Successful investors know the importance of a diversified portfolio of global investments. This helps you maximize the It pays to know INVESCO potential from your investments while minimizing the risk of being over invested in any particular country
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      17 21 Vlttj ttW> SpCllf oh itfttan&y! Just click vvww.wlzofflce.com •V WtzOfficm.com mill II mill 1111 Jill 11. I,
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      417 21 -for wfekwfcs/PPAs? Just dfck www.wlzofffee.com 4mm i ipjr We could not have done it without you. Keynote ,iod Mace Speaker', at the •"■.--•■jit So v.! s !.>r Avar Inyc (V,-v.r wo i" alphabetical O'der by surname' Vr joe! Banares UnOersecretar\ of h"."ir, r (Hp l'K.i pp, S Alan OudiJ Managmq
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      2537 22 lIH UNIT€D OV€RS€AS BANK UMIT€D AND ITS SUBSIDIARIES II I I INCORPORATED IN THE REPUBLIC OF SINGAPORE BALANCE SHEETS AS AT 31 DECEMBER 1999 The Group The Bank Th« GrOIID TKa Rant N n«- 19w iiiT jST SHARE CAPITAL r r ASSETS roo S'ooo 000 $'000 Ordinary shares of $1
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      2093 23 i £.sj IHI UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES II I I IKOMUTftanimncoiMMrafi MOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 1999 12 tccouaU 6 General hmum (Cont'd) TTf Group Th« Bank ,WTI IM# 1996~ and foreign "M-Wt (*****6) (*****) (*****) Statutory translation Statutory translation Government securities bought under reverse
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      2565 24 IHI UNIT€D OVERSEAS BANK LIMIT6O AND ITS SUBSIDIARIES II I I 1 aCatMWArCO NnjKIC Of MKtfOH I NOTES TO THE FINANCIAL STATEMENTS -31 DECEMBER 1999 23 Director and other remun^etion 15 Haed assets (Cont'd> Included in total expenses are fees and other remuneration paid to the Bank's directors as follows:
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  • WORLD news
    • Article
      Lock icon Europe, Japan not safe bet for diversifying US investors
      735 25 LONDON Fnnds seek shelter abroad but the two overseas markets are taking the cue from Nasdaq FT YOU could lose a great deal of money betting on the interdependence of global markets. A single cataclysmic event puts downward pressure on markets
      FT  -  735 words
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      Lock icon Tech stock bubble will burst: Modigliani
      543 25 NEW YORK NYT ECONOMICS Nobel laureate Franco Modigliani says the current mania for Internet and other technology stocks is not irrational. But it is a bubble, and it will burst.' "I can show, really precisely, that there are two warranted prices for a share,"
      NYT; AP  -  543 words
    • Article
      Lock icon Footsie may reinstate Old Economy stocks
      531 29  -  Some of last month's tech stock entrants have lost 20-41% From] Neil Behrmann in London OLD Economy stocks that were dumped from the FTSE 100 index and were replaced by high-flying technology, media and telecommunications stocks (TMT), could well be reinstated, analysts say. In
      531 words
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      Lock icon IMF's new chief airs his views
      229 29 FRANKFURT AFX-Asia HORSTKoehler, new managing director of the International Monetary Fund (IMF), favours state intervention to stop the inflow of short-term speculative money, weekly Der Spiegel said. On the issue ofma)or western banks entering the financial markets of developing countries, Mr Koehler said In
      AFX-Asia  -  229 words
    • Article
      Lock icon Norske to buy Fletcher's paper division
      338 29 AUCKLAND Oslo-based firm's USs2J>b deal makes it No 2 paper-maker Bloomberg NORSKE Skogindustrier ASA will buy Fletcher Challenge Ltd's paper division for US$2.5 billion (554.25 billion) in cash and assumed debt, creating the world's No 2 newsprint maker and giving it operations in Canada
      Bloomberg  -  338 words
    • Article
      Lock icon Rexamto acquire American National Can
      210 29 LONDON Bloomberg REXAM pic, the UK's secondbiggest maker of packaging for food and beverages, has agreed to buy American National Can Group Inc for US$2.l billion (553.6 billion) in cash and assumed debt. Rexam will pay US$lB a share for Chicago-based American National Can, the
      Bloomberg  -  210 words
    • Article
      Lock icon Tankan survey signals Japan's recovery remains on track
      825 30  -  Nikkei jumps 2% after ministers assure markets they will continue with Olrachi's stimulus policies Fromi Anthony Rowley m lokyo JAPAN'S latest official survey of corporate sentiment published yesterday indicated that the nation's economic recovery is still on track, with conditions continuing to
      825 words
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      Lock icon Japanese Prime Minister suffers stroke, in coma
      536 30 TOKYO Search for replacement started, lack of transparency criticised Reuters JAPANESE Prime Minister Keizo Obuchi was in coma yesterday after suffering a stroke, the acting Prime Minister Mikio Aoki said amid signs the government had begun a search for his successor. Mr Obuchi
      Reuters; AP  -  536 words
    • Article
      Lock icon Microsoft shares tumble as antitrust compromise fails
      627 30 NEW YORK Software giant faces harsh legal road ahead, say analysts NYT, Bloomberg MICROSOFT Corp shares fell as much as 12 per cent after the world's largest software maker failed to settle the government's landmark antitrust case over the weekend. Microsoft declined US$llll/16
      NYT,; Bloomberg  -  627 words
    • Article
      Lock icon New BBC chief to shed hundreds of jobs, save £200m
      202 30 LONDON AFP THE new head of the BBC yesterday announced a root-and-branch overhaul of the public television broadcaster that promised hundreds of job losses to save millions of pounds for making programmes. Director-general Greg Dyke, who took over at the
      AFP  -  202 words
    • Article
      Lock icon Aussie insurer AMP dumps chairman, four directors
      395 30 MELBOURNE Board aims to lift share prices mauled after 010 takeover Reuters THE board of AMP Ltd, Australia's largest life insurer and funds manager, dumped its beleaguered chairman lan Burgess and four directors in a bloodless coup yesterday in a bid to revive
      Reuters  -  395 words
    • Article
      Lock icon HSBC eyes wealthy clients to earn fat fees
      578 30 PARIS Bloomberg JOHN Bond buys the banks that cater to the folks bankers like best the rich. Mr Bond, chairman of HSBC Holdings pic, purchased Edmond Safra's Republic New York Corp in December for US$lO billion (Ssl7 billion), doubling his company's private-banking
      Bloomberg  -  578 words
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      1242 25 lIH UNITED OVERSEAS BANK LIMITED AND ITS SUBSIDIARIES II I I aCoVolu,to TMt ■('mm or swc*ra») NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 1999 34 Subsidiaries and Associates (Cont'd) J4 Subalflarias and ftaeoclataa ICont'd) M Subsidiaries (Cont'd) (b| As«)ci«tss NictivtiQt of capital held by Country o< Business Coat of incorporation
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      6 25 SltOfpiwjfr office Just click www.wlzofflce.com •WO-NOM.^
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      2885 26 Mil INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES I I I I INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEET AS AT 31 DECEMBER 1999 The Bar* The Group The Bank Note. I*W 1998 1999 1998 Note. 1999 1555~ 1999 SHARE CAPITAL r 00 ASS ETS roo S «*OOO 000
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      2601 27 lIH INDUSTRIAL COMMERCIAL BANK LIMITED AND ITS SUBSIDIARIES II I I MCOaM ATf 0* "MUC Of SWWNiI NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 19M Singapore Qovrwmnt traaamy bale ltd eecutWaa. other government mcwWw nd dseWng wmmMm 11 W»«d aaaeta and property under dovaionmsnt (cont'd) ia (cont'd) M (b) Property
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      2407 28 Mil FAR €AST€RN BANK LIMITED AND ITS SUBSIDIARICS II I I INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1399 Tha Group Tho Banfc Not** 1999 1998 1999 1998 Tho Group The Banfc rooo S'ooo rooo rooo Not** 1999 1998 1999 1998 rooo $000 rooo $000
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      1284 29 JUL FAR EASTERN BANK LIMITED AND ITS SUBSIDIARIES II I I MCOtMMATtD M TWt KruaiK Of SMSAPOM NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED SI DECEMBER 1999 8- Trad* Mb andliwcwto customers (cont'dl 14. Hud rum «•> The end The Bank °P*"«»6 "I'.'.'(d) Ths movements in provisions
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  • FINANCE & commodities
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      Lock icon Futures end lower in choppy trade
      295 31  -  SGZ Derivatives Tr&Ain&Reports —*tf!| Imtaf Daphne Tay Jardine Fleming IT was a gloomy day for the Singapore stock market yesterday with heavy selling of index-linked counters wiping 60.91 points or 2.9 per cent off the Straits Times Index. Technology issues were hurt foUowing the
      295 words
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      Lock icon Platinum hits 6-week high on strong US$
      175 31 Bloomberg (LONDON] Platinum rose almost 7 per cent to its highest price in about six weeks after the US dollar jumped against the yen, making the precious metal more attractive to Japanese investors. About one-third of platinum demand comes from Japan, where investors
      Bloomberg  -  175 words
    • Article
      Lock icon Oil floats higher as market awaits new Opec crude
      229 31 ENERGY REPORT Reuters [LONDON] OU pushed higher yesterday as dealers awaited evidence of extra crude from Opec producers after their decision to boost output and cool an overheated market. Benchmark Brent blend for May was 36 cents higher at U5525.13 a
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      Lock icon CURRENCY REPORT
      343 31 Reuters London THE yen was beaten back yesterday after Japan intervened to sell its currency in response to the runaway rally it staged at the end of last week. It was at least the fourth time this year that Japan had intervened to curb exportdamaging yen strength and
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      Lock icon Untitled
      1048 31 WTBEBAMg CE08S EATBS Apr 3 M K W to Ft II m Yw —I HI wzSNttf Hm S> Mr W| >80 Nm8 Wt Australia 0400 1037 0430 4JM 1247 4.725 ********** 0-637 6.750 2206 1217 ***** 24.951 1040 1*4 LOO *477 22.fl* 1302 0407 Canada 1136 1723 0.725 4754 1417
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      1433 31 SIOOM FUTURES Apr 3 OH. M. IT »wO Uw >»tt (t—w) Man* I ttaroe JWOO 124.75 <00 £00 BUS 200 **00 120.75 200 macfliiiACToBcMiite V*m OPM mn ta* Sttt (tw—rt irtwi »m oo moo noo mo soo tss J»00 TL75 2970 *100 72.15 72.75 7100 100 2625 *■•80 73J5 73.75
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  • STOCKS east asia
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      Lock icon Hang Seng down on hi-tech stocks sell-off
      2705 32 HONGKONG AFP Q Hang Seng -***** HONGKONG share prices closed 3 per cent lower yesterday, as investors continued to sell off hi-tech stocks, dealers said. "Investors expect the Microsoft case may drag down the US market tonight. Hence, the heavy selling pressure on
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      Lock icon Tokyo up on yen intervention
      1996 32 TOKYO AFP Q Nikkei 225 +38M7 SHARE prices in Tokyo rose 1.9 per cent yesterday with investors welcoming Bank of Japan intervention to curb a soaring yen and news of improving business confidence, dealers said. Shrugging off news that Japan's Prime Minister Keizo Obuchi had
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      Lock icon CHINA
      915 32 Reuters, AFP □ShemfaaißMm All CHINA'S hard currency B shares closed mixed yesterday under pressure from heavy profit-taking after recent gains on rumours of official market-boosting measures and optimism over the economy. Shenzhen's B Share Index ended down 0.7 per cent or 0.66 point at 93.31 points. Turnover rose sharply
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      45 32 I v- ppppppr Business Tools Just imagine life without them. NltMk W^ The Taipei market was dosed yesterday A master of cooking. Or one who just knows his carats. jjUfr L et the ex P ert Thi^raitN r nii*« WSnr iaa Call 1800 741 1883
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  • STOCKS klse
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      Lock icon KL stocks down on falls in HK, Singapore
      355 33 AFP D Compos to Index -BJ7 MALAYSIAN shares closed 0.9 per cent lower yesterday due to falls in the Hongkong and Singapore markets, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 8.97 points at 965.41. The Second Board Index
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      8614 33 MDUSTRIALS Commmt prsdacts 2000 Last Vol Day Nat Cap urn eimpmy 6ate ■QOO H>gB low P/t tiB 420 310 A|lnomoto 362 -2 3 382 382 24.2 1543 156 91 Anqkaia 110 -4 105 120 110 670 290 Apollo Food Htg 60S -10 6T 63S 600 14.4 242.0 2975 2700 8AT90C
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2572 34 BOMDS&WARRAMTS 1 Pnm/ Vain P. 1 Urt M ■rn MM M| M Can (ar Hk 1Mb C»T «al» «ar- WW U» M» Ww ft—»H fcM. Mm t%t tmkrnl U6 50 20 3164 Acma ******4 20 -1 76 20.3 20 20 20.3 21 41.0 1 300 137 6.75 IS 59 15
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      Lock icon SEOUL
      281 34 AFP n Composite Index -1450 THE Korea Stock Exchange Index closed down 14.50 points at 846.44. Volume was 208 million shares worth 2.7 trillion won. —AFP Mr! *h AnamSontf ***** 300 Bratn Tocfi 1475 -HO Control Iwt 2300 -70 ChoMCoown *****0 -4000 Dm Gu Bonk 2100 -100 DMiongCorp 2600
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      Lock icon MANILA
      269 34 AFP □Composite Index +6^o PHILIPPINE shares closed 0.4 per cent higher yesterday in lacklustre trade amid continued political concerns, dealers said. The Philippine Stock Exchange Composite Index rose 6.60 points to close at 1,688.32. A total of 3.1 billion shares worth 976 million pesos changed hands. —AFP Hw m>
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      Lock icon WELLINGTON
      267 34 AFP QHXSE-40 +4106 INTEREST in Fletcher Paper stocks boosted the overall market by 2.1 per cent yesterday after the company advised shareholders not to sell their shares. The NZSE-40 Capital Index closed up 43.05 points at 2,097.10. Total turnover was NZ5115.5 million. AFP *«ri m rm> Advantage HDS 5.65
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      Lock icon SYDNEY
      561 34 AFP QMOrfiMriM +4M THE Australian Stocks Exchange's key barometer, the All Ordinaries Index, which has been expanded to 500 companies, rose 49.9 points to 3,183.2 points at the close. The market's newly introduced SP/ASX 200 Index, which is expected to become its new benchmark, rose 57.7 points, or 1.8
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      Lock icon BANGKOK
      754 34 AFP P SET Mm -058 THAI stocks edged down marginally yesterday in thin trade as heavy selling pressure on communications issues dragged down the overall market, dealers said. The Stock Exchange of Thailand (SET) Index closed down 0.58 of a point, or 0.1 per cent, at 399.74, while the
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      Lock icon JAKARTA
      689 34 AFP P Composite Indei -1138 INDONESIAN share prices fell 2.1 per cent yesterday amid concerns about a delay in aid disbursement by the International Monetary Fund and escalating student protests over plans to raise ftiel prices, dealers said. The Jakarta Stock Exchange Composite Index closed down 12.38 points at
      AFP  -  689 words
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      64 34 jtmsMsmnmom j 'P®. Shares. Bonds. Stocks. Annual Reports. 1/11 wuo I Whatever you're offering, we help you reach out 121"IJ I to 86.7% of all adults In Singapore daily. ml I riiSIT-. I I K I Bwwy *-1 in— ,_i I tf TiTf*ff i" MWHI to**- The Straits Times The
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  • Article
    Lock icon STOCKS sgx
    9058 35 SGXMADTBOARD Transaction date: Apr 3 Or Or M Wt U-Wfc Last Vol Day LMlOlMta DIv D)» VM N«« CtB Ayg La. »tW# Ciwpiwy *a*a COOP) Mm> L— Bwyof BoBor CV Wl twi Prteo MULTHN0UST1Y '82 75.5 m c 1000 Acroa 50c 135 cd unch 197 136 131 134
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      119 35 With the share trade settlement period reduced, you can still Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our Why let a shorter trade settlement period reduce your trading opportunities competitive financing, you'll also be earning daily interest on your cash balance
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  • EXEC lifestyle
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      Lock icon Auction houses paint pretty picture
      666 36  -  The weekend auctions of South-east Asian paintings raked in $6.5 m in sales and attracted more S'poreans. cordtme kerk has the details CORINNE KERK THE first South-east Asian painting auctions of the millennium have ended on a good note, with healthy sales and higher participation
      666 words
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      Lock icon Xing's e-novella turns eyes to digital books
      955 36 BOOKS Top publishers quickening entrance into online books NYT [NEW YORK] In the weeks since Stephen King's e-novel-la made its debut with the unexpected ftiry of Carrie at the high school prom, traditional publishers are quickening their entrance into the emerging market of
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    • Article
      Lock icon Citibank wins 4th leg at Laguna Classic course
      404 36 ERICSSON CORPORATE GOLF LEAGUE [SINGAPORE] Citibank, defending champions of the Ericsson Corporate Golf League, bounced back to form with a comfortable victory in the fourth leg at the Laguna Classic course. After a slow start to the season, Jeremy Soo's team seems
      404 words
    • Article
      Lock icon MOVIE BITES
      473 36  -  Compiled by Aaron Lye Synopses of films being screened today Graas R(A) Ron Ham (Canada) Grand Prince, UA Beach Road, 7pm, 00 mins Tickets: Available An illuminating, funny and sardonic documentary on the evolution of marijuana use in America. Narrated by actor Woody Harrelson, Grass ranges across the
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      400 37 Where to wine, dine and entertain..."-? CELEBRATE THE LAST CENTURV WITH DE GRAND //.//>/> 1 Honrs !n '> (IOp)i: 1 >r ih Ik f |><. i NJ I iff I itbit< HHHlHHHHHlH^uhhhhhuhhhhh •Steamed live Sea-Bass Fish with Lime Sauce (Umb Style) •Deep Fried Fresh Prawns with £JCI Pepper and Garlic
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      32 37 4 Wfie Adventure 1-30 th Aprfl 2000 A true-blue AustrtlUn qajtronomc event not to be Hissed. Reservations: 831 6288 ffSfii 333 Orchwd Road. Sngapon *****7 T«t 737 4411 Fac 732 2361 i
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  • Page 37 Miscellaneous
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      902 37 BBHBBHBHBBHHHBI 100 Tuesday Afternoon (UM The Young The Highs. 9.00 AM Kids Central: The Movie: F.T.W. Restless. 7.30 Cricket Week CrickBig Comfy Couch. 4.00 Planet Ex. &00 See Wed's Schedules. et Classics. 130 Polka Dot Shorts. 430 S Club 7ln Miami. SJM Trampoline World 10.00 The Teletubbies. 5.00 Jack Hanna's
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      Lock icon Page 37 Miscellaneous Column 2
      281 37 CKTPTIC CROSS WOKD ACROSS flower (4) 1 No milk bars in it? (5,9) 6 Superintend poetry in old Erv 10 Harpo seen fitting these hear- 9 ,ish (7) ing-aids (9) 7 Where people stay to make 11 Ancient tree (5) speeches (9) 12 Loud leader organised such a 8 Premolar
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  • KNOWLEDGE economy
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      Lock icon Using what we know for closer ties
      1095 39  -  Management consultant Ross Dawson tells amha no knowledge has little value in isolation ANNA TEO WHAT do a simple haircut and contract office cleaning have in common? They are, according to management consultant and author Ross Dawson, examples of what he calls black-box
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      Lock icon Learning to stay employable
      536 39  -  SoLL initiative to make Singaporeans New Economy ready By Jane Cheong LEARN, unlearn, relearn anywhere, anytime, for life. That's the new mantra in knowledge-based economies everywhere (both aspiring and arrived), Singapore included. In the past, graduating with a university degree may have been all that was
      SIEW YAW HOONG  -  536 words
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      Lock icon Working together or not at all
      285 39 IF, as a client, you approach advertising agency St Luke's with just a brief for an ad campaign and expect to sit bade and wait for the end-product, you'll be turned down, flat The Condon agency will not accept any clients that want it
      285 words
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      178 39 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 l=j=l=J=U If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call CJLT.S. at 1806-737-1166. t Another Classified Service >INgAPgRE AIRUNE? H^UTtP (Incorporated in the Republic of Singapore) LpsT SHARE gEKTIFK^n
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      214 39 IN THE MATTER Of THE COMPANIES ACT, CAT. 50 AND IN THE MATTES Of SPORTS AND HEALTH PTE LTD (la Memben' Voluntary Liquidation) NOTICE B HEEEBY GIVEN p»u« to Seam 301 of da Caapaaies Act C*. JO dta Haal Meebag af dK Member of the *o«aM»dCoevMywillbelic!d«No.ll UN Road I #06-02.
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      229 40 Issued by Morgan Stanley Co. International Limited, regulated by the Securities and Futures Authority Limited. Morgan Stanley Dean Witter is a service mark of Morgan Stanley Dean Witter Co. The markets look for more than meets the eye. offering. Putting monetary values on things that defy conventional Which makes it
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      254 41 Bridge News, Reuter ACTIVITY on the dry cargo freight market picked up slightly at the week's end, although grain business remained relatively thin, brokers said. The improvement in chartering volume however, proved sufficient for all of the Baltic Indices to post increases. The Baltic Dry Index (BDI) rose
      Bridge News,; Reuter  -  254 words
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      Lock icon MARITIME STOCKS
      257 41 *h <m CWTDWrftuUon LOO -OOI W n—nHC 0J9 -OOI 1374 Cmh hvaatmant 0-20 -OOI M rrMM LMl O20 -OOI 642 ■Imw an -o.o2 MM Sun Hi* an -O03 69 MCNMh*t-HK UO unch 0 j»»iihmhp aw -0.01 m M«p«Cwp 3.96 -0.06 tVU Mmims U7 -0.03 491 K in ll
      257 words
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      Lock icon Call for world ports to join hands to face competition
      578 41  -  Increasing market clout of shipping lines also makes sense for cooperation: Port of Hamburg official Byl Donald Urquhart [SINGAPORE] Greater cooperation between the ports of the world is needed in the face of increased market pressures, said a top official
      FILE PHOTO  -  578 words
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      Lock icon New portal for surplus cargo space
      324 41  -  By\ Donald Urquhart [SINGAPORE] A new Inter-net-based portal for the buying and selling of surplus cargo space was officially launched at the SingaPort 2000 exhibition last week. CargoExchange.Net was established according to its CEO, Lim Tiat, as a neutral business-to-business (B2B) exchange for the
      324 words
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      Lock icon All fired up over Erika spill
      58 41 \PARIS] A demonstrator from the Brittany harbour ofLeCroisic holding aflareasafew hundred people take to the streets in Paris on Saturday against the oil spill caused when the tanker Erika sank off Brittany last December. Hundreds ofkilometres of France's western seaboard were polluted by the
      AP  -  58 words
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      Lock icon AP Moeller '99 profit up 11% as Sea-Land boosts sales
      203 41 Bloomberg [COPENHAGEN] AP Moeller, the world's largest containershipping company, said 1999 profit rose 11 per cent as its recently acquired Sea-Land unit added to sales. The Danish company, controlled by the Moeller family through the publicly traded firms D/S 1912
      Bloomberg  -  203 words
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      Lock icon Keppel Smit venture eyes bigger Philippine share
      453 41  -  It plans te expand tugboat fleet, take part in mere projects exec VP From, Alec Almasan in Manila KEPPEL Smit Transpacific, a joint venture between Keppel Smit Pte Ltd of Singapore and Manila-based Transpacific Towage, intends to enlarge its fleet of tugboats to
      453 words
    • AUSTRALIAN shipping
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        Lock icon Port sale faces political storm
        728 42 Planned trade sale of South Australian Ports Corp has upset groups from grain growers to workers and farmers Reuters [ADELAIDE] 1 STRONG bidder interest is expected by the South Australian government in its planned As2oo million-plus (SS2OB million) sale of the state's main ports, but
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      Lock icon SHIPPING SCHEDULES INDEX
      178 42 PACE OSR-ScMtor 4 iri 6 OefcMS 4 AM. 3 Accord 8 Dongnama 3 AppensMp 5 6 Austral a ECt BalajiSlipg S ECU Line 6 BSA r Evergreefl 6 B'tangMas FoongSua 8 CCM 7 GUnfc 4 CMA 8 GMMrtrws 6 COSCO S Hangli 7 CSAV 3 Hanjin 3
      178 words
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      Lock icon SHIPPING GUIDE
      17657 49 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vns* Voyage Tilophoni ETA ETA Advertiser VMM* Voyage TiUphorx SIN DMt'n Ham* Name Number Number SIN Dest'n Name Name Number Number aOBBBBBBBBBBBBBBaOOBBBBBBBBBMBHBBBBBBBBBBBBaBBB ■■■■■■■■■MMHMaMMMHMMaHM 28/04 11/05 Hyundai MM DANUBE 553W *****044 T« ABIDJAN (ABJ) 2003 Colt D'lvoir* 20/04 14/05 Evergreen LT GIANT 0039-090W
      17,657 words
    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        506 53 Vmd Voy No Nrtli Arrival Ptpytwa Jn|M •t R MM ***** JOI 03/04/8: to 03/04/2339 *artMr 2 J13 03/04/7:40 07/04/2340 S*ra»i 09/00 J03 03/04/7:30 03/04/23^0 M rtiiMHl ***** JOI 03/04/8:20 03/04/2(00 ***** J01 03/04/10-30 03/04/2340 M Hmd Jiy tftOI J01 03/04/1035 03/04/2339 M W m am-03 JOI 03/04/10:45
        506 words
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        Lock icon CONTAINER SCHEDULES
        1741 53 R£CEIYW6 OF EXPORT FCl CONTAINERS AND La CARGO Booking/Mane* Htts SMp voy up Etfc/Btr NrtoJ Frew To frm 4CX04MJ4 0204 WOO M 03/000 01/1499 03/1900 VSS M OVBOO 03/1499 OVNOO OVHOO 03/1499 03/1900 I* ovrroo 34/0459 04*900 a ovm» OMW 04/0900 l ovoroo 04/1159 owoc 4 04/1200 04/1499
        1,741 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        366 53 Cartaa NO Max 9912 0.7 15.9 0.10 90 0.06 MvM Daaalty Water RmMm Am Makka SifciH Ho akow £25 3 0 S 0 2 0 300 aw nr j o j o.» 0.06 as 0.03 In, 300 Mo 995.5 0J 17.9 0.09 87 0.07 M/irt OM/te
        366 words
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        Lock icon GLOBAL HOLIDAYS
        197 53 Apr 4 Hongkong: Ching Ming Festival. Indonesia: Hari Raya Nyepl. Taiwan: Ching Ming Festival. Apr# Korea: Arbor Day. Apr Indonesia: Muslim New Year. Malaysia: First Day of Muslim Calender. Apr* Philippines: Day of Valour. Apr 20 New Zealand: Market Holiday, Stock Exchange Closes at Noon. Denmark: Maundy Thursday.
        197 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        750 53 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges In US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        750 words
    • AIR & LAND transport
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        Lock icon Qantas willing to pay up to US$1b for Air NZ stake: CEO
        405 54 Aussie carrier also letting at buying into another airline for USs7oom-USslb AFX-Asia [SYDNEY] Qantas Airways Ltd is prepared to pay up to US$l billion (Ssl.7 billion) for a stake in Air New Zealand, Qantas chief executive James Strong
        AFX-Asia; FILE PHOTO  -  405 words
      • Article
        Lock icon Nepal, India fail to agree on resuming Indian Airlines flights
        254 54 AP (KATMANDU] Indian and Nepalese civil aviation officials on Saturday broke off talks on resuming Indian Airlines flights to Katmandu from where gunmen hijacked a jetliner to Afghanistan on Christmas eve. Indian Airlines suspended all 18 flights a week to
        AP  -  254 words
      • Article, Illustration
        Lock icon Thousands march over sale of Rover
        528 54 AP [BIRMINGHAM, England] Tens of thousands marched through the streets of this central English city on Saturday to protest German auto giant BMW's decision to break up the loss-making Rover car group. The rally, attended by about 40,000 people according to police estimates, ended
        AP; AFP  -  528 words
      • Article
        Lock icon Boeing sees more jet sales in 2000
        754 54 Officials say it's outselling rival Airbus at 2-te-l rate so far this year Reuters [SEATTLE] Despite facing a cyclical market slump and a determined competitor, aerospace giant Boeing Co still expects to rebound from weak commercial jet sales in 1999 and has started
        Reuters  -  754 words
      • Article
        Lock icon Kuwait Airways reports greater loss in FY98/99
        272 54 Reuters [KUWAIT] Kuwait Airways Corp (KAC) fell back deep into the red in the 1996/99 fiscal year, showing a loss of 73.86 million dinars (SJ4.I million) mainly due to a change in accounting standards, officials said on Sunday. "The company is preparing an
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      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1562 54 an Fuan m maw no sot3«3 2335 MMMI M7301 UN M7302 2095 M SOW* 630 ***** OM W0 »-S5 25 $0003 mo CZ352 OM zzi0 m<i 2045 1020 **029 2230 **j"« £5"®°™ "*> MfrMi *1.0643 0435 KL0044 0040 YWS0743 N25 nwi 32 88 SS So $024
        1,562 words
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      398 41 PEOPLE F7l^m Mitsui OSK Lines (MOL) has promoted president f Mwhmi Haiti (right) to the position of chairman. If f Executive vice-president Kunio Suzuki wiii take over r. the post of president while chairman NortaM Horl will remain on the board as an executive director. international Registries (Far East), which
      398 words
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      28 41 •.-< r. .-v-V.'- Jjianned trad* sale of South Australian Porta Corf® facoa political storm Pg2 QantM willing to pay up to USSIb for Air NZ stake: CEO Pgtt i
      28 words
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      650 42 1' 'J" WBtt wr w sm mm *b» m w w ro a w am mm m ooqkwtom nwsn m/m m/m ii/m &S nomiorvomoco m m/m m/m m/m »/n m/m m/m vmm/m f 1 OOaJMM 40W512 M/M U/M M/M m«MO 38 31/ M 31/ M H/M M/M M/M M/M 14/
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      83 42 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW FORTS Ma— Kw A M CMM PW*« tivwv THIW a MM VBMEU VESSEL VOY FTP SJN ETA TTO TO KOt HA YOU ETA HOP ETAOSA M£D TAIOHJWG W147
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      537 42 /gs>\ lines services represented j (JflSKv by Members of iK# Registry of Members of the vSSmr) ccr Shipping Agents, Singapore logistics Association. S'pore Notional Shipping Assoc 0B EM ULY UNE MALE IYBSa I VOY lEU flu Ett t.mm sfott mmi Empress Lily VO3OO 04/04 06/04 13/04 Princess lily VO3OO 19/04
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      979 43 *iy| SAX SfltVKi (PWECT) wsai wr sum ux oik an mom oo coi m. m. m TO—out 03* 05/04 »/M 25/ M 25/04 25/ M 25/04 25/04 25/04 21/04 M/M Om 12/04 27/04 02/05 02/05 02/05 02/05 02/05 02/05 03/05 W/jjS «PI6MMT OIK 20/04 05/04 0»/tS 04/05 09/05 00/05 09/05
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      1545 43 HANJIN SHIPPING likPl -Mb nan mw*» shows (Si mop m»//— o vmm mtmrv sous room m pocunan *****71 v< mmm ********** mm urn tmoss nx timto a» \isMtmm TO NW USA A CANADA USA CANADA* wva/VOT I- I imhim/voy su nw w m oi kp m —I —wr nt mo
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      183 43 ACCEPTING LCL CARGOES TO JAPAN, CHINA, KOREA AND HONO KONO FOR ENQUIRIES, PLEASE CALL 220 8558 CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I HOUSEHOLD REMOVAL AND CAR TRANSPORTER LCL CONSOLIDATION SERVICE An atfHMt tt MHsul OSX LMm Hti Smi Haf 6tmm T—=Z Cmgm Exprmt Ltfktkt ffM IM PHTWffIW ETA ITQHt »Ihwtl lay nOOMT
      183 words
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      1114 44 DSR-SENATOR LINES TOUK/CONTINKNT TOMEDTTERRANEANCANADA W W IB! IW IM ma W» M WW WY "ST iff IB W IU HI MMCWHK MWf O.M TI.M 77 M 73.M M M M M JMMHSBMOTR KM KM M S M 77 M K M M.M CHOYANB ALPHA MIIW MM TIM SM M.M SM
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      646 44 SwteW J£s!£~ PBIAUaWSOWe BANGKOK: (MO) 2SMSf7 SURABAYA: (SI) S2MBII P.gUNO:(BHIBPy JUT (TI) *****48 KUCHNQ (DB) *****1-S MANILA ISTANBUL MV "FRANCONIA" V.ISN MV "DSR AMERICA" V.0953 ETA SIN: 7-4-2000 ETA SIN: 20-4-2000 COLOMBO VALPARAISO/IQUIQUE MV "UNI ASSENT" V.0607-016W MV LUNG" V.KLOOIN ETA SIN: 10-4-2000 SIN: 25-4-2000 PIS CALL 220 2022 CYNDI,
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      595 44 MS EXPRESS CONTAMER FEEDER FOR N.SHEVI (CFS MUUMO. MUKAICOUMMO ALSO ACCEPTM6 TO Mi NORTHERN MB WESTERN 1.C.0. POMS V«M« S'PORI N. SHEW COLOMBO MUMS CAPE CANAVERAL V 121W N APR II APR 23 APR 9 APR TULSJOAS V 123 II APR 2S APR 31 APR R M CAPE CREUS VIKW
      595 words
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      1441 45 hWO- VOY I KHH I HKQ IWW I PKQ I DXB D*— I OA BIK WAWBAABAEI PCL-140 08AM 07/04 11/04 12/04 22AM 23AM 28AM 27AM ■"AN SEESTAM PCL-150 12AM 14AM 18AM 18AM 28AM 30AM 02AM 04AM ■"AN TABATABAEI PCL-151 18AM 21AM 28AM 28AM 08AM 07AM 10AM 08AM MAN BATTARI PCL-182
      1,441 words
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      866 45 Jusbqs J 4 I COSTAK SNIPPING Ml LTD #12-00 salb/kgs 4»5t57/43 inward dot (D/o) *****15 COSTAK AGENCIES (M) SIN MD I [j»jjftn7ig«oooii 4?0530i/tso T/sHrmpgr *****25 "mmi mywr m sha m n sne hn iu *stw she m a n sm me [~w PNHiWCM/Mi XIAMG Ml A>l S3f 05/IM IQ/04 20/04
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      1285 46 EUROPE/UK/SCANOtNAVIA/FINLAND/RUSSM S6P RDM AMW HBG THP ZEE LHV LHV THP ROM AMW HM PKL SGP I. OYNAMK RW-SBS 81*4 27*4 83*6 29*4 Sl*6 K*6 BMB i. RESULT RE-929 19*3 IMS 17/13 18*3 21*3 SS*4 18*4 E. DAINTY RW-815 18*4 H« IMB MR IMS SMS IMB E. RENOWN IMS 23*3 29*3
      1,285 words
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      882 46 Ar P ADVANCE CONTAINER LINES (PTE) LTD MX I L- TEL: *****21. FAX *****19. TELEX RS ***** ACLPL FOR BOOKINGS PISASC CALL: *****22 SALES A MARKETING s *****21-21 OPERATIONS: 2212Mff *****06 CR NO. IM3W4OOOOE MWOIOK JtiiiiMm lOA»tA'(Tliin^ vtssa I VOT «N XX vtssa VOT I j jg KOTABATNA(PAT/ICH) 8NA209 4/4
      882 words
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      342 words
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      1660 47 i BSfl A. iHUE MYANMA \SHBk FIVE STAR UNE 'T (My—ar Natlaad Um) Loading far Yaagoi vissa vot sm ni ra r&i HPA-AN 7*7W SU) sasanm **w su RMIATSIA AGENTS: BOUSTEAD SMPPMG AGENCIES Ok IH (03) *****00 PI(L TU (03)*****01 Wt TU (M) 2****** POfc TU (07) *****21/4 BANK UNE
      1,660 words
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      571 47 vtftar WALLENIUS WILHELMSEN I 10 NORTH AND LATIN AMERICA *OU RORO HUVYUFT SBtVKI' VIS SO. VOT RAMP HBGKT SM| IK HAO |MU SAV ML ORf |NTC MW MT~| TIXAS AHOM 4001 MS AJ* 1W 10/05 10/05 22/0$ 24/05 W0T2776T 21/05 W7ST M/M TOM AHOM 4001w 4.3* N/04 25/05 02/04 05/0*
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      53 51 KYOWA LINE STL CONTAINER LINE For Services To *T 1 Vietnam Calcutta Man.la/Guam/Saipan Agents: V-Grow Shipping Pte Ltd Mon/Wed/Fri Pg 7 See Page 7 Daily STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCULCL New Europe To eastlmalaysia L c! a east/ PORTS AolA service DETAILS Pg 8 Pg
      53 words
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  • Page 53 Miscellaneous
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      Lock icon Page 53 Miscellaneous Column 1
      132 53 rz,—^ ix 1 s. I Sg± v^^r\ GEN D: Issued by Meteorological Se rvi c K Thunderstorm A Showers yC\ 0310 Temperature C £-y Wind direction and speed in knots Cloudy Day Weather tx Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and
      132 words
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