The Business Times, 6 April 2000

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Total Pages: 44
1 44 The Business Times
  • 29 1 t~ H j H H J V i H H I I I H H H H J k MUA w&msnm. 85* SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, APRIL 6. 2000
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  • 62 1 □m (-3.24) nBT-SKI mm 7KIM (-0.98) nsDßanmms mm mi# (-0.30) STOCK HOKET DQKEB Wednesday Change KLSECDMP Nmm- nm. n -utii HANG SEW MJ1&44 474# SET INDEX JAKABTA COUP _fi«418 4.7J MANILA COUP —1,80 LOC +«H TAIPEJ WPI 10,186.17 +136.74 SEOUL 00MP_ CLSACHINAB ff&tt 483 AUST ALLOW —JJ37.8 *7
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  • 72 1 FOBEX BATES UW- l.?t» £(US|/S$p*i) IJM 1747 EU1»(08*S*E)_OJ® L«8 Ml US 0.848 TEN 106.1 LM RM MM MB HW 7.781 1221 BAHT sa» !Mi RUPUH 7300 M22* •atrnmmut» FUME BATES SINGAPORE* 580 KLALA LUMPUR 717 JAKARTA J9.M BANGKOK .9.50 MANILA 11.90 HONGKONG 8.50 TAIPH 7.84 SYDNEY 8.50 TOKYO 1M
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  • 539 1  -  It's doing dne-diligence bat not dear yet if it's running agrinst Li Ka-shingfbr the stakes From] Eddie Toh in Kuala Lumpur SINGAPORE Telecommunications Ltd has confirmed its interest in Time Engineering group, the owner of the sole fibre optic network in Malaysia but
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  • 701 1  -  Plan to double size of infocomm sector by 2006; Big Bang soon By] Kenneth James [SINGAPORE] Singapore's broadband industry has been promised a $150 million boost as part of a package of new strategies aimed at establishing Singapore as a major infocommunications centre.
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  • 1105 1  -  House of Tan Yeok Nee will open as a campus in September By Marissa Chew [SINGAPORE] Come September, the historic House of Tan Yeok Nee will be reborn as a university, marking the completion of $12 million worth of preservation and renovation. Work started
    SIEW YAW HOONG  -  1,105 words
  • Page 1 Advertisements
    • 107 1 PBBPB BT Comment Will $150m get broadband elephant to dance? Nfxt Page Astra more than just CCLS third leg? P95 Top stories Desperate dealers slash car prices to woo buyers. Mmxt Page S'pore startup PixAround gives new panoramic look to the Web. Pg 5 Sale of Air NZ stake to
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    • 12 1 Commentary: Will $150 m get broadband elephant to dance? Next Page I
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    • 67 1 Iv W\ mi f i I^^bl •<*« J (■l ■H ,ji!pi^^ W> 3 The movement v-«£ w v V L.U. C v 0( m/h X Heir to a proud watchmaking tradition SINGAPORE: Chopard Boutique, 02-36, 65/737 64 51. shops: The Promenade, Centrepoint, Lucky Plaza, Raffles Paragon shops: Lucky Plaza, Ngee
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  • NEXT page
    • 849 2  -  This is the big question in the aftermath of this week's Nasdaq crash From< Andrew Marks in New York AN ever-growing number of Wall Street analysts have been repeating the mantra "this can't last forever" in reference to the Nasdaq's stunning
      849 words
    • ON THE grapevine
      • 70 2 WE have just received some disturbing news about using handphones during thunderstorms. In an e-mail sent to BT, a broker said that one person was killed by lightning last month while using a handphone. "He suddenly fell and his handphone was badly burned but they found no trace
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      • 77 2 FLORIS G H Deckers has arrived at ABN Amro's regional centre in Singapore to take up his new appointment as regional chief executive, ABN Amro Asia Pacific. Mr Deckers takes over from Sergio Lires Rial, who has been transferred to Amsterdam to help head up
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    • 544 2  -  1-1 i comment TECHNOLOGY Will $150 m get broadband elephant to dance? kenneth james TO many in the local info-communications industry, broadband multimedia is a topic that's been flogged to death. That may seem strange, since broadband services which enable rich multimedia
      544 words
    • 634 2  -  Customers holding back ahead of bumper COE crop By i Christopher Tan [SINGAPORE] In anticipation of lower prices on the back of a bumper COE crop, car buyers have adopted a wait-and-see stance these past weeks. In exasperation, dealers have resorted to
      FILE PHOTO  -  634 words
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  • Page 3 Advertisements
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      195 words

  • MARKETS watch
    • 903 4  -  Traders first reeled, then felt relieved after seeing the positive aspects of Tuesday's volatile session on Wall Street says eileen glamtom EILEEN GLANTON AP WHILE Wall Street's most volatile session in history left traders reeling, market analysts were holding out hope that the purge of the
      AP  -  903 words
    • 658 4  -  IN SINGAPORE In-hoose traders' short-selling, fond selling also cited By Ven Sreenivasan LEADING technology stocks gave up most of their gains for the year as they came under pressure from margin-related selling yesterday. Aggravating the downward spiral was shortselling by in-house day traders. Brokers also
      658 words
    • 302 4  -  By] Marina Chew WHILE other Old Economy stocks like banks and conglomerates profited from the switch out of technology stocks, property counters were left out of the loop yesterday. The Straits Times Property Index enjoyed a brief surge up to 528.77 points yesterday morning,
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    • 607 4 Bloomberg [TOKYO] Asian Internet-related stocks declined yesterday, paced by Softbank Corp and China Telecom (Hong Kong) as the US Nasdaq Composite Index's 16 per cent slump in seven days prompted investors to question their prices. Japan's broad Topix index was down 19.24
      Bloomberg  -  607 words

  • SINGAPORE companies
    • 373 5  -  Startup produces software allowing 'stitching 9 of images for easy nse on Web By Jennifer Lien CREATIVE Technology has invested in a homegrown startup which produces a software that allows panoramic images to be published easily on the Web. The
      373 words
    • 129 5 Bloomberg SINGAPORE Airlines, the city state's national carrier, said its overall business picked up in February from a year ago as it carried more cargo. Overall load factor, a gauge of the airline's capacity use, rose to 70.3
      Bloomberg  -  129 words
    • 691 5  - Astra —more than just CCL's third leg? lock siew christopher tan Cycle carriage Ltd has been searching for a third core business to supplement its motor and property operations since 1997. The rationale was clear enough: with major vehicle manufacturers harbouring ambitions to be their own wholesalers, motor distribution as
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    • COMPANY Briefs
      • 76 7 LAFE Technology yesterday said the public tranche of its initial public offering was 6.3 times subscribed. The company's IPO comprised 250 million shares, of which 50 million shares were available to the public. Its placement tranche was fUlly subscribed. Lafe received 28,476 applications for
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      • 74 7 AFX-Asia [MANILA] Far East Bank and Trust Co of the Philippines said yesterday that the Securities and Exchange Commission has approved the request of DBS Bank to purchase 6.3 million shares in the bank representing a 1.06 per cent stake. The Philippine Stock Exchange said the
        AFX-Asia  -  74 words
      • 76 7 HOTEL Grand Central announced yesterday that it has received in-principle approval from the Singapore Exchange to undertake a stock split of one existing share into two new shares, The company said it believes the stock split will enable it to have a larger
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      • 61 7 MEDIARING.COM Inc, a US subsidiary of Singapore-listed Mediaßing.com Ltd, said it is introducing the world's first Web-based service that allows users to make superior quality PC-to-phone calls to and within China directly from their Web browser. To Introduce the service, Mediaßing.com has partnered leading communication
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      • 98 7 JURONG Technologies Industrial Carp's initial public offer has been 56.4 times subscribed. The group, which offered 19.73 million shares at 20 cents each to the public, received 47,161 applications for some 1.l billion shares. The placement tranche, comprising 60.12 placement shares and 9.8 million
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      • 89 7 AFX-Asia HOTEL Plaza said yesterday that it has acquired a 70 per cent stake in United Bmec Pte Ltd for $886,400. Bmec, formed in 1968, is a distributor of biomedical and rehabilitation engineering products, appliance© and apparatus. Hotel Plaza said the acquisition was in
        AFX-Asia  -  89 words
    • 111 7 ELECTRONICS and Internet firm Acma Ltd has placed out 8.1 million new shares to Hongkong-listed China Strategic Holdings (CSH) at a price of $1.35 each. Acma said yesterday the shares represented 4.9 per cent of its capital and will raise its issued capital
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    • 197 7 FOOD Empire Holdings an enterprise that boasts to be one of the first to introduce instant beverage to Russia has received in-principle approval to list on the Singapore Exchange's mainboard. The company's main business is in the making and marketing of instant beverage products. Its
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    • 375 7  -  Priced at 20 cents each, 23.07 m are for direct public sale By] Eugene Low MAINBOARD-BOUND construction group Hor Kew Corp is offering 153.8 million shares at 20 cents each in its initial public offer. Of the offer, which opens today, 23.07 million
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    • 355 7  -  Higher contributions from electronic media business boost turnover by 54 per cent to $1&9 million By Eugene Low i-One.Net International yesterday reported a 36 per cent rise in net profits to $2.2 million for the half-year ended Jan 31. Bolstered by higher contributions
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    • 391 7  -  By\ Ling Su Ann LEE Metal, Singapore's third biggest steel supplier, plans to raise between $10 million and $15 million in its upcoming initial public offer. The proceeds will be used to help finance a port-side storage and fabrication project in Sembawang
      RANDY QUAN/ST  -  391 words
    • 240 7 AFP [AUCKLAND] Brierley Investments Ltd (BIL) said yesterday that the sale of a 17 per cent stake in Air New Zealand to Singapore Airlines (SIA) was "still likely" but virtually ruled out a sale to rival Qantas Airways even
      AFP  -  240 words
    • 233 7  -  NEW LISTINGS Weak performance attributed to poor market sentiment By] Ling Su Ann HIT by poor market sentiment, textile trader Ban Joo Co ended its debut trading yesterday one cent below its offer price, or nearly 7 per cent lower. Ban Joo had
      Source: Bloomberg  -  233 words
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  • SINGAPORE markets
    • 578 6  -  I=ll comment STOCKS r.sivanithy THE shift from New to Old Economy stocks continued yesterday, an expected outcome given Nasdaq's alarmingly weak showing on Tuesday and the relatively firm Dow Jones Industrial Average. Despite the gains posted by some of the more established
      578 words
    • 177 6  -  WARRANT WATCH By R Sivanithy HOW times have changed. Less than a year ago, Asia Food and Properties and its warrants were among the hottest stocks in the local market, trading millions of units every day. Today, after the shares were converted
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    • 230 6  - NatSteel possible resistance at $4 HOT STOCK By Wong Wei Kong SHARES of Nat Steel Ltd rose sharply yesterday, with the stock finishing among the top gainers of the session. The shares closed up 28 cents or 7.7 per cent at $3.94. The stock opened at $3.68 and hit a
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    • 145 6 TPV Holdings will be trading ex-dividend (final dividend of 0.19 US cent) on Apr 24. Last day for buying-in on a cum basis is April 27. Date payable is May 10. HERSING Corporation will hold its AGM at 3 Bishan Place, #05-00, CPF Bishan Building, on April 18
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    • 337 6  -  l I comment CURRENCIES larry wee A HEART stopping slide in US stock markets overnight provided little cheer for Asian currencies yesterday, compounding the uncertainty generated by the the Bank of Japan's yen sales earlier this week. In Tuesday trading, the Nasdaq Composite
      Source: Reuters  -  337 words
    • 467 6 ftocta Volume GES Intt Lid 20c 28.753,000 BanJoo5c 26,975,000 PadfcCentury 11.569.000 Med»Ring10c 11,522,000 SingTel 15c 10,472,000 SIA 10,456,000 Boeriey NZ10c 7,412.000 Vicfcers Capital 25c 7.369.000 NOL 6,230,000 STEngglOc 4,555,000 Stocfca PacificCentury 184,065,639 SIA *****0,301 GES InU Ud 20c 67,238,750 DBSGrp 40,316,950 Onaa«weT25c 31,705,892 SPH 29,386,495 ST Asaambly 25c 27,892,660 SingTel
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  • Page 7 Advertisements
    • 207 7 ®A Rendevous for the ,•> I Marine Trade, Boating I and Sea Sports Lovers... I /fl VP\\ i|v Asia's Leading Boating, Watersports and I I J» 200 international exhibiting companies and brands from more the 20 countries fl A 6 national groups fwm Australia, Germany, New Zealand, Netherlands, United M
      207 words

  • SINGAPORE news
    • 666 8  - e-bank S'pore or HK more accommodating? S'pore still reviewing regulations; HE'S draft framework is protective By\ Siow Li Sen IF anyone still wonders how far mindsets have changed at the Monetary Authority of Singapore, the regulator's readiness to accept losses from e-banks should provide a good indicator. Overseas Union Bank,
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    • 366 8  -  By. Audrey Tan THE job market looks set to improve further in this quarter, as nearly two-thirds of employers in a survey said they expect to hire. Only 5.2 per cent of the more than 400 employers surveyed said they may cut
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    • 323 8  -  I Aon the economy terms of trade By] Marissa Chew SINGAPORE'S terms of trade have continued its decline, as rising petroleum and petroleum product prices continued to fuel the increase in prices of imports. Figures from the Department of Statistics show the import price
      Source: Dept of Statistics  -  323 words
    • 397 8  -  They now own 38.6%, will ask for takeover waiver By\ Kalpana Rashiwala THE three Goh brothers behind the Ossia group and the World of Sports chain are raising their stake in Austra-lian-listed sporting goods retailer Rebel Sport. Following a deal
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    • 102 8 ERA Realty Network has introduced property information on mobile phones, using wireless application protocol (WAP) technology. The company said it was the first real estate company in Singapore to offer such a service. This service will allow WAP-phone users to access the latest
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    • 267 8  -  By Jane Cheong PROPERTY prices in Singapore are likely to rise by at least 10 per cent in the next 12 months, First Capital Corporation's property division general manager Trina Loh said yesterday. "I'm very confident that property prices will improve by not less
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    • 189 8 Reuters THE Singapore central bank plans to come up with regulations on Internet banking "within a few months", the deputy managing director of the Monetary Authority of Singapore (MAS) told Reuters yesterday. "We are studying the issue very carefully because it's a complex one
      Reuters  -  189 words
    • 539 8  -  Compiled by Aaron Lye Synopses of Singapore International Film Festival movies being screened today Rainbow Trout (PC)—Park Ctong-wan (Koraa) Grand Prince, UA Beach Road, 7pm, 100mins Tickets: Available A depiction of the three days and two nights of a trip by a group of city dweiiers into the
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  • MAIL bag
    • 435 9  -  Ronald Chong Manager (Public Affairs) Central Provident Fund Board WE refer to the Mailbag letters "Government should review CPF Board conduct over bank charges" by Bin Hee Heng (BT, March 20), "Time for CPF to review role of agent banks" by Christopher Leong
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    • 204 9  -  Patrick Tan Choon Hong Singapore BUYERS and sellers of HDB resale flats face a lack of information on the latest transacted prices of HDB resale flats. It is important for both buyers and sellers to have easy access to such information in order to make
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    • 147 9  -  Narayana Narayana Singapore THE rather belated decision by Singapore Telecom to slash rates left, right and centre in what looks like a last-ditch effort to retain the loyalty of customers will only reinforce the belief that the captive public has been consistently overcharged
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    • 625 9  -  Davis Hong Heng Wong Singapore I DISAGREE with the view expressed by R Sivanithy in the March 31 article, "Fund managers in a bind over old and new economy". While from a fiduciary duty point of view fund managers must be prudent with their
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  • Page 9 Advertisements
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    • 34 9 You can e-mail us at btletterQsph.com.sg or fax us at *****71, or mail your letter to The Business Times, Times House, 390Kim Seng Road, Singapore*****s. Please give your full name, address and telephone number.
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  • e News
    • 536 10 SAN FRANCISCO Firms without solid market potential will face fnnding crouch: analysts AFP TUESDAY'S blood-letting in the Nasdaq served as a warning to entrepreneurs that technology firms must prove their worth to garner vital cash from investors, according to
      AFP; AP  -  536 words
    • 296 10 NEWORLEANS As many as 1,500 transactions a day done on its Web site Bloomberg ENRON Corp, the world's largest energy trader, said its online business has handled US$24 billion (Ss4l billion) in transactions since it was created in November. Customers can trade
      Bloomberg  -  296 words
    • 304 10 CHARLOTTE, North Carolina Reuters BANK of America Corp and electronic commerce company Ariba Inc on Tuesday said they have formed an alliance to create an Internet-based financial services marketplace for business customers. Bank of America will use Ariba technology in creating Banc of
      Reuters  -  304 words
    • 269 10 ROME Bloomberg TELECOM Italia SpA, Italy's biggest telephone company, said it had opened a credit line of as much as 16.3 billion euros (5126.1 billion) to finance its bid for Seat Pagine Gialle SpA, the owner of the country's biggest Internet search engine. Rome-based
      Bloomberg  -  269 words
    • 607 11  -  Market cap ofTom.com, CyberWorks down by halftoUSs2ob From Meera Tharmaratnam in Hongkong THE well-connected Li family saw the value of their portfolio of companies take a severe beating yesterday. The share price of Tom.com, the Internet venture of billionaire tycoon Li Ka-shing,
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    • e Briefs
      • 98 11 Bloomberg [HONGKONG] Joyce Boutique Holdings, a Hongkong clothing retailer, will 9ell majority control of itself to investors for up to HK&36.4 million (S$S2 million) and use the proceeds to create an online business. Strategic Capital Group, an investment company, said it will pay HKI2O2J)
        Bloomberg  -  98 words
      • 73 11 Reuters [LONDON] A group of British journalists yesterday launched a Web site offering technology news analysis to corporate subscribers. Named The4sl.com after the Fahrenheit temperature at which paper burns, the site will "arm decision-makers with critical news analysis", said managing editor Paul Taylor, a former
        Reuters  -  73 words
      • 64 11 Reuters [TORONTO] Canadian investment dealer Scotia Capital is launching a Web-based foreign exchange trading system that will enable clients to conduct currency transactions over the Internet The system, called ScotiaFX, will allow clients to carry out spot, forward and swap transactions online, and will provide real-time
        Reuters  -  64 words
    • 249 11 I TOKYO Reuters TOYOTA Motors Corp yesterday said it would raise its stake in a new Japanese telecommunications giant, a move expected to reinforce its technology drive while helping anchor the new telecoms group. Toyota, Japan's biggest carmaker, said it would boost
      Reuters  -  249 words
    • Article, Illustration
      71 11 [LOS ANGELES] A model at the 'Brave New Unwired World'fashion technology show at Spring Internet World in Los Angeles, on Tuesday, wearing a necklace that either glows, beeps, or vibrates to alert wearers that they have received e-mail. The fashion show, put on by Charmed Technology, demonstrated wireless
      AP  -  71 words
    • 276 11 AMSTERDAM Reuters A GROUP of Dutch private investors is planning to institute legal action against World Online founder and chairwoman Nina Brink, the daily De Volkskrant reported yesterday. It said the action is based on discrepancies between a prospectus for the Internet service
      Reuters  -  276 words
  • Page 10 Advertisements
    • 846 10 1 1 > Engineering FIRST ENGINEERING LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 26 Woodlands Loop #07-00 First Engineering Techno Centre Singapore *****7 on 8 May 2000 at 9.00
      846 words
    • 424 10 HSBC is the leading provider of custody services in the Asia-Pacific and Middle East regions. Our Custody and Clearing network spans 25 markets and our clients include the largest global custodians and broker-dealers in the world. We are looking for highly qualified and motivated personnel to join our Hong Kong-based
      424 words

  • Page 11 Advertisements
    • 352 11 This should be taught in schools. Blueprint for Success A Three-day Seminar and Workshop **«rch«nt Court Hotel 27 29 April 2000 8 am 5. JO ptn dmimt FLox. WHO SHOULD ATTEND "Came in wfthabarrier of my HfieM potential. After three dML I is the founder of Qualified Learning become more
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    • 47 11 j/l'HT!' Success At the IHT we write for people who make it happen. Mm 8 1 The International Herald Tribune. Independent, international news Nril analysis and respected opinion, edited in Parle since 1887 and distributed jn more than 180 countries worldwide Think IHT. The World's Daily Newspaper.
      47 words

  • EDITORIAL & opinion
    • 716 12  -  bottom line OPINION paul krugman The writer is a professor of economics at MIT IF you are one of those people who, despite all the evidence, retain some lingering illusions about the rationality of financial markets, Tuesday should have cured you. And the day's
      716 words
    • 124 12 'When you put a human gene into a mouse, you can't be sure that there isn't something mousy in that final product that hasn't yet been discovered or isn't appreciated as a pathogen in man but may turn out to be so.' -DrlAwrcaceKiitx an infectious-diseases specialist and
      124 words
    • 599 12 EDITORIAL Singaporeans are being reminded over and over again that they need to change their mindset From financial regulators and civil servants to businessmen and students, everyone is being urged to put on their thinking caps. Financial regulators, for instance, must accept and work on the
      599 words
    • 870 12  -  Is he fighting a losing battle in a Russia culturally incapable of creating a dynamic economy By\ Robert Samuelson The Washington Post Writers Group WHAT we know about Vladimir Putin is that we don't know much. He won Russia's presidency as a
      The Washington Post Writers Group; FILE PHOTO  -  870 words
    • 935 12 Let Justice take its course with Suharto WITH public pressure for due justice continuing to mount, time appears to be running out for the government to make good on its promise for a full and speedy investigation of former Indonesian president Suharto and to bring the
      935 words

  • MALAYSIA news
    • 416 13 KUALA LUMPUR If approved, it'll be biggest M'sian IPO this year and make Measat first ITsian firm on Nasdaq Reuters, AFX-Asia MALAYSIAN satellite broadcaster Measat has asked for approval from the country's market regulator for a dual listing in the United
      Reuters,; AFX-Asia  -  416 words
    • 210 13 KUALA LUMPUR Bloomberg EDARAN Otomobil Nasional Bhd, Malaysia's biggest car retailer, said its car sales rose to their highest level in five months in March as consumer worries over job cuts receded. EON, as the company is known, said sales rose 32 per
      Bloomberg  -  210 words
    • MARKET moves
      • 115 13 IDRIS Hydraulic continued to hog the limelight in a soft market yesterday. The counter rose 33 sen to RM1.59 on growing expectations that it will soon unveil its debt-revamping exercise. The demand was also partly due to its long suspension of over one year, during which the market
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      • 70 13  -  Compiled by Eddie Toh MALAYSIAN technology stocks faced a sell-off yesterday following Nasdaq's overnight meltdown but analysts are still bullish on certain IT plays. HLG Securities analyst Teh Chi-Cheun said the sector could still command a rating of 30 times from its current level of about 23 times.
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    • 612 13 KUALA LUMPUR Difficulties of consolidation seen outweighed by higher earnings as economy grows Reuters MALAYSIAN banks are starting the biggest shakeup of the financial sector in decades and the timing should offer some comfort, analysts said. The banks' attention will be diverted in the
      Reuters; FILE PHOTO  -  612 words
  • Page 13 Advertisements
    • 16 13 BUSINESS SERVICES/ PRODUCTS The Straits Times Classified. Classifications 201 266. Buy ft. Sel h. Find It.
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    • 68 13 The Tiffany Business Gift W In it works harder and longer It's not It's quality, riffany design is the best there is. In its distinctive Blue Box, a Tiffany L'ift generates more excitement. More anticipation. More appreciation. And because Tittanv designs are timeless, clients and colleagues treasure and remember them.
      68 words

  • SOUTH east asia
    • 450 14 MANILA Tycoon, an associate and 5 brokerages violated securities roles, says regulator Bloomberg THE Philippine Securities and Exchange Commission (SEC) recommended that businessman Dante Tan, an associate, and five brokerages be charged with violating securities rules in connection with the nation's biggest
      Bloomberg  -  450 words
    • 329 14 JAKARTA Forestry minister cites rumours that A-G's office is target AFP SEVERAL Indonesian business groups have prepared millions of dollars in bribe money to hamper investigation into past alleged corruption in the forestry and plantation ministry, a report said yesterday. Forestry and Plantation
      AFP  -  329 words
    • 489 14  -  Republic can play catalyst role, explain Indonesia to the world From' Toh Han Shih in Jakarta SINGAPORE is willing to help Indonesia economically, but Indonesian officials should not have unduly high expectations of what Singapore can do, Minister for
      489 words
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  • EAST asia
    • 235 15 SHANGHAI Reuters CHINA will allow state and listed firms to buy domestic initial public offers of any size, relaxing previous restrictions on buying stock in smaller capitalised companies. From yesterday, state and listed firms can buy shares in a domestic A share IPO
      Reuters; AP  -  235 words
    • 526 15 HONGKONG But analysts see gdod prospects later with China's growing economy, oil demand and stronger prices Reuters PETROCHINA'S low listing price could boost interest at its Hongkong debut tomorrow but China's largest oil and gas concern is weighed down by its Old Economy image
      Reuters  -  526 words
    • 372 15 LONDON Bloomberg FTSE International, a compiler of global stock indices, said it will consider including Taiwan in its regional and global index series, an addition which could farther boost the already record level of international money flows into Taiwan's
      Bloomberg  -  372 words
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  • BT interview
    • 1544 16  -  YANG RAZALI KASSIM MEGAWATI Sukarnoputri, Indonesia's vice-president, has a handful of economic thinkers in her Indonesian Democratic Party of Struggle (PDIP). One is Kwik Kian Gie, and the other Laksamana Sukardi. With people like them, the PDIP rose through the electoral system as a party
      FILE PHOTO  -  1,544 words
  • Page 16 Advertisements
    • 938 16 LABROY MARINE LIMITED (Incorported in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (EGM) of Labroy Marine MM ("the Company") win be hdd at 1 Maritime Square #11-23, Sinppore *****3 on 28 April 2000 at llJOajn. for the punxae of
      938 words
    • 1210 16 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF CRS TRADING PRIVATE LIMITED (In Members' Voluntary At an Extraordinary General Meeting of the Members of CRS Trading Private limited duly convened and held
      1,210 words
    • 335 16 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO GSE UNWG TECHNOLOGY PTE LTD MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be hekJ on 31 March 2000, the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up voluntarily pursuant
      335 words

  • SOUTH asia
    • 480 17 BOMBAY Govt acts to ease fears that loophole will be blocked Bloomberg INDIA tried to placate foreign investors after its order to challenge up to 24 funds for using a loophole in its tax treaty with Mauritius resulted
      Bloomberg  -  480 words
    • 321 17 NEW DELHI INDIA prefers financial bidding as a means to select a limited number of private entrants into its domestic long-distance telecommunications market, a top Department of Telecommunications (DoT) official said on Tuesday. "We want to have financial bidding as that is the
      321 words
    • 276 17 BOMBAY Reuters INDIAN software leader Infosys Technologies returned to positive territory in volatile trade yesterday after losing 27 per cent over the past four successive sessions, as attractive valuations enticed foreign funds into making purchases, dealers said. Infosys rebounded into positive territory and
      Reuters; Source: Bloomberg  -  276 words
    • 323 17 BOMBAY Indian arm may go for public issue, set np new channels Reuters MEDIA group News Corporation Ltd plans to invest in Indian Internet companies and boost Net access via cable television through joint ventures with Internet service providers and cable
      Reuters  -  323 words
  • Page 17 Advertisements
    • 12 17 ■TODAY® Mianhe Zaohao JfraswT? «3te£» Experts' views on\ downturn in high-tech stocks
      12 words
    • 499 17 _j__l.k—i— Hfl J«p! > HI f MNKnI ?13SPK19 Invest in Singapore's first Chinese equity fund 1 China, possibly the largest market in the world, offers investors excellent of the Chinese economy, you will be doing so through the 0000 rated HSBC investment opportunities. In addition, with its prospective entry into
      499 words

  • WORLD news
    • 253 18 MUNICH Bloomberg SIEMENS AG and Robert Bosch GmbH have offered 9.1 billion euros (5515.1 billion) for Mannesmann AG's industrial business, topping a rival bid from ThyssenKrupp AG in an attempt to become the world's biggest car-parts supplier. Their offer, which is 4
      Bloomberg  -  253 words
    • 608 18  -  He pledges to continue economic reforms, which are proving effective Promt Anthony Rowley in Tokyo THE Japanese Parliament yesterday endorsed Yoshiro Mori to succeed Keizo Obuchi as prime minister in what some critics have claimed is an over-hasty move that could backfire against
      REUTERS  -  608 words
    • 470 18 SYDNEY Hike aims to prevent faltering currency from stoking inflation; another rise expected in May Bloomberg THE Reserve Bank of Australia raised its benchmark rate a quarter-point to 5.75 per cent, the third increase in five months, to stop the faltering currency
      Bloomberg  -  470 words
    • 296 18 NEW YORK Bloomberg NEWS Corp, the media company controlled by Rupert Murdoch, said it's putting together the pieces of its planned worldwide satellite business and hopes to release details about the new unit in three to four months. The company is "trying to
      Bloomberg  -  296 words
    • 407 19 FRANKFURT They disagree over what to do with Dresdner's Klein wort Benson in vestment bank Reuters, Bloomberg DEUTSCHE BANK AG, the world's biggest bank, and Dresdner Bank AG abruptly called off a planned US$29 billion (5549.3 billion) merger because they disagreed over
      Reuters,; Bloomberg  -  407 words
    • 442 19 NEW YORK Reuters THE New York Stock Exchange, the No 1 US stock market, has revised its circuit-breaker and trading-collar levels for the second quarter, saying market declines of 1,050,2,100 and 3,150 points would trigger trading halts from a half hour to a
      Reuters; AP  -  442 words
    • 341 19 LONDON Move follows recent tie-np by Brussels, Amsterdam, Paris exchanges FT THE London and Frankfurt stock exchanges are holding preliminary talks about a possible merger of their financial markets similar to the pan-European tie-up unveiled last month by the Paris, Brussels and Amsterdam bourses.
      FT  -  341 words
    • 423 19 NEW YORK NYT CARL C. Icahn stopped nibbling around the edges of Nabisco Group Holdings on Tuesday and made an offer to buy the entire company A 1 Steak Sauce, Planters peanuts, Oreo cookies and all. Mr Icahn, the New York financier,
      NYT  -  423 words
    • 407 19 LONDON Bloomberg GOLDMAN Sachs Group Inc, ABN Amro Rothschild and Morgan Stanley Dean Witter Co, the biggest underwriters of European initial public offerings in the first quarter, arranged three of the worst performers in the period. Those who bought shares of World Online
      Bloomberg  -  407 words
    • 277 19 LONDON Reuters UK share trading was at a virtual standstill yesterday with the market opening delayed owing to problems with share price data feeds from the London Stock Exchange. An LSE spokesman said that prices were indicative only or not a true guide until
      Reuters  -  277 words
    • WORLD Watch
      • 75 19 Reuters [DETROIT] Five major thermoplastics companies said yesterday they plan to form a business-to-business online marketplace to serve the US$5O billion (SsB6 billion) global market for plastics injection moulders. The five DuPont Co, Dow Chemical Co, BASF AG, Bayer AG and Celanese AG unit Ticona—expect
        Reuters  -  75 words
      • 92 19 Bloomberg [NEW YORK] Met Life Inc. the biggest US life insurer, raised USs£BB billion (554.9 billion) in its initial stock sale, becoming a public company after 85 years of ownership by its policyholders. TTie company that uses Snoopy and other Peanuts cartoon characters to advertise its
        Bloomberg  -  92 words
      • 72 19 Reuters [TOKYO] IBM Japan, the Japanese unit of international Business Machines Corp said yesterday it won a 10-year computer outsourcing contract worth US$l billion (Ssl.7 billion) from major life insurer Mitsui Mutual Life Insurance Co. Under the agreement, IBM Japan and Mitsui Life
        Reuters  -  72 words
  • Page 18 Advertisements
    • 211 18 SHBKfflßBßßjl«Hßglßslij|lM KZ2* IM Only limited stocks of goodie bags available. Register today! A H Ami FMNWtafS CM rafbto (t Wf «f the Mowtng COMtoIS: Juronj Point (Mon S«»i: 12-Bpm)'Northpoint (Mon Sun: 12 Bpm) Tampines Mall (Mon Sun: 12 Bpm) Takashimayo Square, Basement 2 (Mori Sun: 12 Bpm) I .mini a
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  • Page 19 Advertisements
    • 26 19 Classified First. Want to pick up a new hobby? Or simply join v the paper chase? Lesson number one: Check The Straits Times Classified First. MtMIFUI
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    • 89 19 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong •Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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    • 106 19 City Estates International LONDON HONG KONG SINGAPORE DUBLIN Are you looking to sell your property in London? We offer a complete service under one roof including established links with international investors: Sales Acquisitions Valuations Resales Up-to-date market appraisal As part of the City Lets International Group we also offer a
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    • 60 19 IN 2 YEARS! If you have a first degree from a recognised Comm«nc«m«nt: 29 April 2000 (Weekend classes Sat afternoon University, you may pursue the University asunmoming) of London's LL.B direct honours degree in coutmlms (1 2 years thru' the graduate entry route. t OOO O g£ Singapore Institute k/
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  • FINANCE & commodities
    • 238 20  -  SOX Derivatives Tfr"""g Reports MSCI Singapore Index Daphne Tay, Jardine Fleming CUSHIONED by selective bargain hunting, the Singapore stockmarket recouped earlier losses to close slightly lower yesterday. Singapore Press Holdings was among the top gainers, rising 6.3 per cent. Apprehension prevailed in the once
      238 words
    • 243 20  -  MSCI Taiwan tatores Matthew Den Bleyker Refco Singapore SGX MSCI Taiwan Index futures for April delivery rose 5.6 points or 1.27 per cent to 445.3 on Taiwan retail buying while the underlying MSCI Taiwan cash index gained 4.28 points or 0.97 per cent to
      243 words
    • 202 20 ENERGY REPORT Reuters [LONDON] Oil prices eased further yesterday as sweUing US oU stockpiles added pressure to a market weighed down by higher Organisation of Petroleum Exporting Countries (Opec) supplies. Dealers said prices also felt the impact of volatile trade on on Wall Street
      Reuters  -  202 words
    • 322 20 Reuters THE US dollar steadied against the euro early yesterday after recovering much of the ground it lost a day earlier amid volatile US stock trading. Analysts said while US stock market jitters would be the main focus for euro/US dollar, the European single currency was underpinned by
      Reuters  -  322 words
    • Article, Illustration
      1021 20 mTERBAMMOOSgEATBS as O fcO I— Wr f MS HtoWmrn im mm M ittSNOte Hm U Sir w| 66* N— J {"J? 1 0JW *S5 IS «2S J M» UN ********** 1040 1962 0.988 *.*****.106 0170 KOSl *22 1 HE *****1106 0.723 1JUA 2415 *****5400 2UH 1*3 iSOf U24 ***** *****
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    • 1619 20 SICOM PUTUKBS Apr 5 IUB0EI (Mint ctafat m «U0p«) RSS1 CONTRACTS cMtiA*) OOM Votam OfM J55 l— Sttt Hni) irtwwt •toy 00 124.00 J" 00 07JO (00 MOO ***** 12*25 B9.00 MO 200 **00 ***** 200 BS3C0N?lftCT(USmtife> VotaM Optfl *5* U> Sitt Hfrmt NtfOO 7125 035 #00 7100 2970 77.00
      1,619 words

  • STOCKS east asia
    • 2757 21 HONGKONG AFP □Hug Seng -674,49 HONGKONG share prices dived 3.4 per cent on a sell-off of high-tech and telecom stocks in post-holiday trade yesterday, following falls on Nasdaq in the last two days, dealers said. "The market followed overnight falls on Wall Street,"
      AFP  -  2,757 words
    • Article, Illustration
      940 21 Reuters -3b06 CHINA'S B shares closed lower yesterday as investors complained the government left the hard currency market in the cold while taking repeated measures to boost domestic A share trading, brokers said. The complaints followed reports yesterday of an official relaxation of restrictions on state and listed companies
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  940 words
    • 355 21 AFP PWP Index +138.74 TAIWAN share prices closed 1.4 per cent higher yesterday on strong buying in technology stocks on the back of positive corporate results, dealers said. The Taiwan Stock Exchange Weighted Price Index surged 135.74 points to 10,186.17, following a 2.0 per cent rise in the previous
      AFP  -  355 words
    • 2008 21 TOKYO AFP Q Nikkei 225 -132J1 TOKYO share prices fell 0.6 per cent yesterday led by a high-technology sell-off, brokers said. There was little reaction, however, to news that Parliament had elected the ruling Liberal Democratic Party chief Yoshiro Mori as Japan's new prime minister to
      AFP  -  2,008 words
  • Page 21 Advertisements

  • STOCKS klse
    • 8575 22 mumm Cmmmm pnMi 2000 La*t Vol Day Net cap Law Clfbwy 1pip -000 Iw P/E tw* 420 310 Ajlnomoto 374 2 5 380 374 23.7 151.6 158 91 Angkjjj 107 -3 190 HO 104 157.8 *70 290 ApoMoFoodHtg 575 10 97 595 570 13.7 230.0 2975 2700 BAT 50c 2875
      8,575 words
    • 424 22 AFX-Asia Q Composite Index -5J7 SHARE prices yesterday closed lower after Wall Street's volatile performance and ahead of a public holiday today, dealers said. The KLSE Composite Index closed down 5.57 points, or 0.57 per cent, at 955.06, off a high 0f963.84 and a
      AFX-Asia  -  424 words
  • Page 22 Advertisements

  • SGX clob & regional stocks
    • 2511 23 BOMBS WARRANTS ST*u. cif -r nm C i» J55& SZ *5 M "it law *n «£h is6 1? ,8 j? 163 {?2 I 3S S 53 16 s 3048 Armstrong W*****0 22-5 1 1 22.5 22.5 18.5 21.5 20 35 4 I 10 41 Ij(2 Jo 172.3 15.9 m 3052
      2,511 words
    • Article, Illustration
      752 23 AFP W SET Index +163 THAI share prices rose 0.7 per cent yesterday on a late rebound after lacklustre trading ahead of holidays, dealers said. The Stock Exchange of Thailand (SET) Composite Index gained 2.63 points to finish at 395.33 points. The select SET-50 meanwhile was up 0.24 point
      AFP  -  752 words
    • 271 23 AFP Q Composite Index +BJ2 PHILIPPINE share prices closed 0.5 per cent higher after the government released lower than expected inflation figures for March. The Composite Index rose 8.52 points to close at 1,691.05. Volume fell to 3.54 billion shares worth 2.63 billion pesos.— AFP r> No fWW MRC
      AFP  -  271 words
    • Article, Illustration
      648 23 AFX-Asia Parasite lite -172 SHARE prices closed lower on continued foreign selling amid concerns over the implementation of the International Monetary Fund programme, but with some late local buying limiting losses, dealers said. The Composite Index closed down 6.72 points, or 1.17 per cent, at 564.18. Volume was 406.7
      AFX-Asia  -  648 words
    • 269 23 AFP OWSE-M -6171 NEW Zealand stocks closed down 2.6 per cent yesterday following the tumultuous session on Wall Street overnight. The benchmark NZSE-40 Capital Index lost 56.71 points to 2,099.13, reversing almost all of the previous day's gains. Turnover was a solid NZ$l3B million.— AFP rmm Advantage MDS 4.95
      AFP  -  269 words
    • 544 23 AFP QUOrfau-i« -25.7 FALLS in News Corp and Telstra yesterday pulled the All Ordinaries Index down 25.7 points to 3,137.8, off its intrasession low of 3,125.7 points. The new SP/ ASX2OO Index dropped 21.4 points to 3,155.4 and the All Industrials slumped 59.0 points to 5,529.6, but the All
      AFP  -  544 words
  • Page 23 Advertisements
    • 80 23 iNvisT*®^j J IPO. Shares. Bonds. Stocks. Annual Reports. I Whatever you're offering, we help you reach out ZZ™Z»=r— 11 I to 86.7% of all adults In Slnqapore dally. |SE£S®3523 f l-£f J j if" If I =sr.iß.uii.«=ir*!* J s— li I jg^g^B"ggasi||gt:in»'aw*T-«i"» —iiiiwi'" «iiw.~ Th e Straits Times The Business
      80 words

  • 8931 24 SGXMA1NB0ARD Transaction date: Apr 5 Or Gr M Wt 92-Wk Last Vol Day Last Quota Mv M« M Cap Avq HlqK Law St No Campany SaM COOO) Hlqft Law Bwyar Saftar Cvr P/t Sm« Prtca mUTHMDUSTRY 182 77 lit 1000 Acma 50c 133 Cd unch 243 133 126
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  • Page 24 Advertisements

  • Page 25 Advertisements
    • 207 25 Where to wine, dine and ST** feMg^ Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: £23 (Adult), 40% discount (Child) Dinner: £26 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011. •Pnces subject to temce charge &go*t taxes
      207 words
    • 45 25 4,, 'V?t*ii«< v 1 ®jj|j|j HOTEL QRAND CENTRAL UMITED j 22 Orctiard Road, Singapore *****7 ■over the others. Advertise in Wine, Dine Entertain of The Business Times and reach out to 117,000 readers daily. Contact Patrick Ang 740 1284 or Amy Choo 740 1559 now.
      45 words
    • 58 25 Roasted Whole Suckling Pig Steamed Live Sea-Bass Fish with Lime Sauce (Thai Style) VT Deep Fried Fresh Prawns with Pepper and Garlic Braised Mushroom with Bean-Curd Puff gfl and Lo-Han Vegetable Mu Braised Shark's Fin Soup with Dried Seafood Sauteed Pork with X.O. Sauce Braised Noodle in Abakxic Sauce Dessert
      58 words
    • 4 25 Who»w going to oe
      4 words
    • 29 25 Alston Advelrtire l-30th Apri 2000 A true-blue Australian qastronoalc event not to be aissed. Reservations: 831 6288 -Hi 333 Orcharf Road. Singapore *****7 T* 737 4411 Fat 732 2361
      29 words
  • Page 25 Miscellaneous
    • 876 25 L w LT 1 L Oestnl Lo Days of Our Lives. HHMHHHMBMHMMI 730 Football- Tiepr Rppr SI WTMTIQiXI 9.00 AM Kids Central: The "J aliims League Soccer ComI L > L 4i> jk 3tpLfIBHTTI Bi pomfv Couch a. m 2 *°o Response TV. bak vs Tanjong Pagar A Polka Dot
      876 words
    • 301 25 CHVPTIC CROSSWORD ACROSS 5 Mischievous child found in an--1 Hull's high-rise is an excellent 0001 city church to start with (6) building (14) 6 Cruelly losing a right in a devi--9 One therefore takes the subject 005 way? CO) relating to chemical elements 7 Again presented in sketchy (8) fashion?
      301 words

  • MOTORING page
    • 447 26  -  It is exploring high-tech ventures with government departments, GLCs AH reports by Christopher Tan GENERAL Motors, which has been in Singapore for 20 years, yesterday attained operational headquarters status, and signalled its intention to be part of Singapore's knowledge-based economy. The company, which is the
      JEROME MING/ST  -  447 words
    • 131 26 THIS is the Mercedes-Benz G-Wagon, (me of the toughest all-terrain vehicles available. With its target clientele consisting of armies, paramilitary groups and law enforcement agencies, this Max is not your typical sport-utility vehicle. But (me has just been sold to a private individual here.
      131 words
    • 218 26 VOLKSWAGEN has tied up with Perth's Joondalup Golf and Country Club and Singapore Airlines to offer golfers a special stay-and-play holiday. With preference given to VW owners, the $970 package is scheduled for April 22-25 and includes a return flight on SQ, accommodation at Joondalup
      218 words
    • BUMPER to BUMPER
      • 52 26 AUDI has appointed Andreas Deges as director of its Asia-Pacific office here. He replaces Tony Moiliaon, who left the company suddenly last week. Mr Deges joined Audi in 1997, and was assigned to its Beijing office »*nre Before Audi, he was with Procter Gamble for
        52 words
      • 48 26 WITH the Implementation of automated toll payment! at the checkpoints, motorists with paper toll coupons get can fall refunds fttjm the Land lYansport Authority's office in Sin Ming Drive or at all post offices. ReAinds will be issued for the next three months.
        48 words
      • 71 26 THE new Mercedes-Benz C-class (above) has been unveiled in Germany. Hie compact look* like a sportier version of the flagship S-dass. R is likely to reach the Singapore market around September. The car is not only sporty-looking, it is actually performaaoeoriented. The C2OO Supercharged packs 168
        71 words
      • 90 26 CYCLE *Carrfaap hat Evolution VI (Tommi Makinen Edition) cars for sale. Priced at without COS each, they are among 2£oo units Mitsubishi Motors is producing to ceMmte its succeesftil partnership with world rally champion Tommi Makinen last year, the Finn garnered his fourth conaacilti ve
        90 words
      • 94 26  -  '*r Christopher Tan A TREASURE hunt on wheels wQI be held by Sing Tel on April 15. Hie event takes you up to Kuantan and includes optional overnight stay and tour the next day. Regis! ration fee is $200 per car (maximum four persons)
        94 words
  • Page 26 Advertisements
    • 105 26 Premium Automobiles JJ* 1 S i° ,r 1 m 7 l /VAi SlB H P e Is 90 Tel J' 1 1 r eh Showroom: 61 Übi Au>. 2. #01 -1 I Automobile Meg.m.rl. Si. S «pore *****8. Tel: 841 1113. Ope.il. ho.r. Spm 27 Len, Kee Bo«d. S.ng.pore 1
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  • Article, Illustration
    2662 27 Property transactions for selected districts lodged between Feb 28 and Apr 3. PflOJKTNNC/ W QOflMCT TENURE 0ULT-W WW PSf FMXECTIM& MT CONTRACT TENURE mCE PSF STRBTNMK TWt DATE IAN0MEA* STREET NAME TYPE DATE LANDMA* (SOFT) (STOOD) (SS) 00FT) (STOOOt (St) District 09 CaimhM Court Apt 21/02/00 FH 1561 3015
    2,662 words
  • Page 27 Advertisements
    • 109 27 Pay FIXED INTEREST RATE from date IgjlP) rst re ease NOT date of letter of offer J i For housing loans without hidden conditions, call us —we have been financing homes since 1950 Ist Year 3.75% p.a. (fixed] 2nd Year 4.75% p.a. (fixed) 3rd to sth Year 4.25% p.a. (variable]*
      109 words

  • BY DESIGN
    • 837 28  -  Hardy, easy to lay and maintain, and with a huge range to choose from, it's no wonder that ceramic tiles are seen as invaluable to a home-owner. MißiHHi chew looks at the latest designs available on the market MARISSA CHEW WALK into any
      837 words
    • 369 28 BAMCSFMANCE COMPAMES YEAR 1 YEAR 2 YEAR 3 YEAA4 YEAR 5 YEAfttIO YEAR 11-36 1 ABN-AMRO Bank (max of 30 yrs) 3.5000 4.2500 4.7500 4.7500 4.7500 4.7500 4.7500 CMMt* (max of 30 yrs) 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 4.5000 DBS 4.0000 5.0000 5.0000 5.0000 5.0000 5.7500 5.7500 Hong Leong
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  • Page 28 Advertisements
    • 128 28 To improve your business r we have @!RB left no stone I|.-- 1 unturned 3 1 BCI Asia's FIT-OUT Report is a resource g for Interior Designers, Painters, Electrical B Contractors and anyone who supplies I products or services to companies that move, upgrade or fitout new or existing premises.
      128 words
    • 105 28 7/ 7/ Collective Sale Prime residential development site near Orchard Road. Site area: 74,740 sq ft Tenure: Freehold Plot ratio 2.8, up to 30 storeys Existing development: The Beaumont Just opposite Somerset MRT station H and within walking distance to n Orchard Road shopping area 0 Tender closing date: SUDjeCt
      105 words

  • PROPERTY CONSULTANCY
    • 746 29  -  Property consultancies are seeing good growth in this sector as corporates outsource real estate-related activities, reports chew MARISSA CHEW WITH corporations outsourcing everything from human resource to logistics to purchasing, property consultancies are seeing good growth in their corporate services business. "5 For example, CB
      CHRIS LOH  -  746 words
    • 283 29 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNIT8 NO OF PRICE TENURE I 'J f'WM Mf LATCHED UNITS SOLD (Sptf) River Place FEO ~3 Havelock Rd 678-3,229 509 359 960 99-yr Avalon Pidemco Land 10 Anderson Rd 968-4,241 82 48 1,620 FH Gardenville FEO 10 WalsheRd 1,350-4,760 56
      283 words
  • Page 29 Advertisements
    • 112 29 For Sole by Tender #02-01 Centrepoint Shopping Centre Prominent location with heavy shopper traffic Superior visibility with unit fronting main atrium and escalator landing 84 sqm (approximately 904 sq ft) 99 years leasehold w.e.f. 17 August 1979 Very good investment opportunity Tender Closing: Wed, 26 Apr 2000, 3pm Tender packages
      112 words
    • 150 29 f 1 CONDOMINIUM DEVELOPMENT SHE ®1 NEAR |00 CHAT CONSERVATION ARIA FOR SALE Freehold Land appro. 69.948 sq It I -Hotßatio U,n>to4-Storcy /iwamM CHAWGI Po *l Condom Hun project I B \'Wlnity to historical JooQiat I i r- l 1 Conservation area &>. Shopping Bdt l pS&S/ 'ClosetoEuwsMßTStation, 7 Partway
      150 words
    • 315 29 FOR SALE BY TENDER Large Hi-tech Industrial Development At No. 1 Yishun Avenue 7 3 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
      315 words

  • EXECUTIVE Suite
    • 1147 30  -  At least a dozen prime en bloc sites with either little or no development charge are up for sale. But why are developers not rushing after them? KALPANA RASHIWALA reports KALPANA RASHIWALA DEVELOPERS wary of having to fork out hefty development charge (DC)
      1,147 words
    • 378 30  -  It is said to be aiming for $650-s6Bopsfforthe 70 units on offer By I Kalpana Rashiwala OUB Centre is gearing up to launch the next phase of its Modena condo in Simei this weekend, say sources. The 12-storey project is
      378 words
  • Page 30 Advertisements

  • SHIPPING TIMES
    • 273 31 Bridge News, Reuter CAPESIZES saw sustained strong demand in all areas of the dry cargo freight market on Tuesday, brokers said. Panamax activity slackened in the Far East, although the Indian Ocean area remained very firm for this size of vessel The Baltic Dry Index (BDI) rose seven
      Bridge News,; Reuter  -  273 words
    • 227 31 *r* 9 *t- m crnomiMm—LOO una M CI—N &m -aot n«2 —aw -0.01 M 020 -aw w GBtMHhp a 72 uncti 3 WfcwMup. OT2 -O02 as 9tCliil9hp it—UO uncti o MWMCoq» 4.10 OH 3093 MtpMFOS US iMCk 33* 143 uncti IN MMtTato 194 -0J4 3781 LMroy ItortM UO
      227 words
    • 545 31  -  Lack of evidence of booming cruise industry supports caution, Dr Yeo says By. Ann Toh [SINGAPORE] PSA chairman Dr Yeo Ning Hong has cautioned against moves for a second cruise centre in Singaporeand suggested that such proposals be carefully considered. The
      545 words
    • 948 31  -  MEWBUXLDS By David Hughes IT has been another busy fortnight in the newbuilding scene and the accompanying table is not a comprehensive record of new contracts. It does, though, give an idea of the wide range of vessels, including several with very high price tags,
      948 words
    • 41 31 [CILAC AP .Indonesia] An Indonesian fisherman holding up a dead cormorant covered with crude oil at Teluk Penyu beach in central Java's Cilacap on Tuesday.The tanker, King Fisher, carrying crude oil hit a seabed on Saturday. REUTERS
      REUTERS  -  41 words
    • 140 31  -  By\ David Hughes [LONDON] South Korean shipping group Hyundai Merchant Marine has unveiled a ten-year plan which will see it slowly pulling out of bulk shipping to concentrate on other sectors. Ifce firm aims for its turnover to treble to US$l2 billion (5520.6 billion)
      140 words
    • PORT Shots
      • 77 31 [LONDON] Tbe European Shippers' Council (ESC) hat called for the current system of liner conflsreocee to be scrapped. Branding them "hard-core price CBrtah**,EBC secretary Chris Welsh said liner conferences haw "caused serious damage to customer-supplier relationships" and "eliminated effective competition". He continued: "We believe it
        77 words
      • 55 31 [LONDON] South Korean shipbuilder Daewoo Heavy Industries recorded a massive loss ofUS&Jßbilttoa (513.9 billion) last year against a US$l45 million profit in 1996. Part oftbe crash can be attributed to a 17 per cent fall in turnover and to the financial revamp which fcUowedihe collapse
        55 words
      • 110 31  -  -B* David Hughes [LONDON] PSA Corporation's International Advisory Council (IACS) has expressed optimism for the liner shipping industry over the next few years. lACS, a body made up of senior figures from the container shipping industry, drew its conclusions at its annual meeting in Singapore last
        110 words
    • GERMAN car industry
      • 986 32 By amputating its loss-making British arm, prestige carmaker can look to a bright future, say analysts Reuters [LONDON] German luxury carmaker BMW has seen its carefully constructed long-term strategy crash in flames, it has stumbled into a public relations disaster in its biggest export market
        Reuters; FILE PHOTO  -  986 words
    • 177 32 PAGE Detmas 4 ACL 6 AMI 3 Oonr«M 3 Accord 8 6 Append* 5 ECL 4 Austral 8 ECU Urn 6 BaUjiShpg 5 Eiwryeen 6 BSA r FoongSun 8 B'tang Mas 8 CLink 4 •CCW 7 Gemartrans 6 CMA 8 Hangli 7 COSCO 5 Hanjin 3 CSAV
      177 words
    • 17638 39 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser V«W Voyage THepftone ETA ETA Advorttsar V«)« Voyage Telephone SIN Dest'n Nam* Nam* Number Number SM Dest'n Nam Nam* Number Number BAM 30/04 Evergreen JITRA BHUM 4M 45-3****** To ABIDJAN (ABJ) 2003 Cot* D'lvolre am J0/04 ngpl jitra bhum van 45-*****00 N/04
      17,638 words
    • SHIPS IN PORT
      • 537 43 VyHo Swtfc Arrival D*p*ftnn JM|Nrl .iT" 1- *****8 J17 05/04/2:30 07/04/2340 "N" 1 AP84I JOS 05/04/7:15 05/04/2340 ■"•M 1 *X00 JOI 05/04/8:50 05/04/2339 05-AP8 JOT 05/04/8:50 05/04/1640 AU6-20 J03 05/04/8:35 06/04/640 «"i* ***** JOI 05/04/1:20 05/04/18:00 <«» JOI 05/04/KWJ5 05/04/2340 J AP8-0I J12 05/04/10:20 05/04/2340 UBi# < FtS-20
        537 words
      • 1879 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Wonco Rstls SNp »oy No Ett/Btr NrM Fron To Frw tCX VWtfT OMO 1/15:00 M OS/BM OS/HM OS/HM OVHOO 05/1659 OVHOO 2A os/itm ovotM ovosm a 05/1700 OVMM 06/0900 3 OVHOO OVUM OVMOO 4 OVBM OVMM 06/ITM 51SM t/23:M U
        1,879 words
      • 197 43 Apr 9 Indonesia: Muslim New Year. Malaysia: First Day of Muslim Calender. Apr 9 Philippines: Day of Valour. Apr 20 New Zealand: Market Holiday, Stock Exchange Closes at Noon. Denmark: Maundy Thursday. Philippines: Maundy Thursday. Apr 21 Denmark: Good Friday. France: Good Friday. Germany: Good Friday. Thailand: Market
        197 words
      • 771 43 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
        771 words
      • 451 43 Carta* NO Max 9912 0.7 B.9 O.N 90 046 HvN Dawftr Nat* M6w Am AttmUm Si—It Noa*w£2S 3 0 S 0 2 0 %HM 300 Am *7J OJ 13.9 0.06 38 043 torn 380 Ma* 995.5 OJ 17.9 0.09 67 0.07 ■**•> »W %hm %*M ww
        451 words
    • AIR & LAND transport
      • 282 44 US$2OO-s3oom facility will service the US firm's aircr&fts in region AFX-Asia [MANILA] Boeing Co is planning to put up a US$2OO-$3OO million (*****.4$515.2 million) service centre in the Philippines to service Boeing aircrafts in the region, Trade and Industry Secretary Manuel Roxas
        AFX-Asia; FILE PHOTO  -  282 words
      • 48 44 [BANGKOK] Suchanart Wattana calling out to potential buyers interested in the Zafira, the first all-madein-Thailand passenger car at the 21st Bangkok International Motor show on Monday. Carmakersfrom around the world are showing off their latest models at the show which attracts large crowds annually. AP
        AP  -  48 words
      • 376 44 Union unhappy that civil aviation body made unilateral changes to proposal Bloomberg [HONGKONG] The union that represents most of Cathay Pacific Airways' pilots may take the Hongkong government's airline regulator to court, as it opposes unilateral changes made to a proposal
        Bloomberg  -  376 words
      • 232 44 Bloomberg [SYDNEY] Qantas Airways and Ansett carried more passengers on main domestic routes in 1999 ahead of the Sydney Olympic games. The Department of Transport and Regional Services said the two airlines carried 26.2 million people in Australia in 1999, up 3.1 per
        Bloomberg  -  232 words
      • 280 44 Bloomberg [WASHINGTONJ America West Airlines Inc had the highest passenger-complaint rate among major US carriers in February and Alaska Air Group Inc had the worst ontime performance, the US government said. America West had 9.74 complaints per 100,000 passengers, the Department of Transportation said
        Bloomberg  -  280 words
      • 115 44 AFP [MILAN] Alitalia and its partner KLM Royal Dutch Airlines have begun studying the merger of the two airlines, the Italian daily II Sole 24 Ore reported on Tuesday, without citing a source. The report said KLM is pushing the Italian national carrier to commit itself
        AFP; FILE PHOTO  -  115 words
      • 1463 44 OTT njCMT ETA FU6WT ET0 0f6 805 AOMM 1*7381 1930 BA7382 2055 2335 0fH 1930 0f82 2055 MM SOW 830 S0990 0R0 AIH7M 55V) =1 *5"* g* IMM $0003 WO CZ352 098 CZ351 2045 $0604 1020 WW IM«r VNS0741 1310 VKS0740 1410 MMrMi KL0037 M55 6*978
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  • Page 31 Advertisements
    • 9 31 Boeing planning USs2oomUSs3oom service centre in Philippines: Manila PCI4
      9 words
    • 88 31 RP*H Ktr 4pi The advent of Information Technology and intermodal logistics solutions have dramatically changed the global logistics industry. In addition, Singapore is fast becoming the logistics hub of the region. To keep our readers updated. Shipping Times now features a full page on logistics on Thursday every fortnight with
      88 words

  • Page 32 Advertisements
    • 179 32 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with MYK with Real-Time Shipping Information (global home page) www.nykline.com SENLIM AGENCIES PTE. LTD. 133, Nmt Mdg* Road, MS-OS, CNnatown Point ***** a Tat *****00 JHKmH
      179 words
    • 552 32 Lines services represented °f R®9'»h7 of \VlgjgjW/ Accredited Shipping Agents, S'pore Nationol Shipping Assoc. ULY UNI MALE Ivissa I voy I iu nn eu P.KIAMG SfOtl mil Empress Lily VO3OO 04/04 06/04 13/04 Princess Lily VO3OO 19/04 26/04 28/04 Empress Lily VO4OO 04/05 05/05 13/05 Princess Li«y VO4OO 20/05 21/05
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    • 7 32 aro... Members of the Singapore Logistics Association.
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  • Page 33 Advertisements
    • 948 33 SAX SERVKE (DIRECT) *s* wy awro ua m m hou w ax m. m mwmm tax ts/x n/m ts/m g/w b/m b/m b/04 b/h 21/04 »/04 om 12/04 27/— 02/05 07/05 92/95 91/95 01/05 02/05 03/05 03/05 APIGABRT 01« 20/04 #5/04 99/05 99/95 99/95 99/95 99/95 99/95 19/95 10/05 "ism
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    • 1410 33 @HANJIN SHIPPING liDPi -Mb an <*> m> h» am MOM SMK *****74 731 DQCUMfIn *****71 774 OfHUIKWS ********** MAIN UM *****55 fU SMI 145 o*o *****f*****N TO NW USA it CANADA USA CANADA* «h«/vot I sia I nw I In« 100 I m I ml dtt I— I nt I
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    • 309 33 ■■■BQBRDSnDSDIZSEHIiHIHHIZIiISEBSHIHBIEBnZfIiH VKSa WT SM nee WT SM HK£ KB. USM HIS IVBSB IWT ISM MKHMBMt MSS P/M H/M MM M< M/M 11/ M WM IVM I I u/M I ilfl IKB llffllfflllffffll wcbbm otss 17/ M m/m ivm h/m m/m prcwiaire MK 73/ M fi/C luTClflfll fcs H/M tamn MM
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  • Page 34 Advertisements
    • 1210 34 DSR-SCNATOR LINES TO UK/CONTPiKOT TOMKWIIfiRKANEANCiANADA «a www ibi hi mm mm mm «a ww m an in hb wx htm MMUMMMm MMW MM BM 77 M S M M M MM JtfMKMOT* MM M M IS M M M 77 M MM MM CMWMBNJW MIW MM TIM TIM MM SM
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    • 610 34 s SJ' I,RE W PEMANG: (04) *****36 BANGKOK: (US) 3M4357 BMtMMVA: (31) *****11 P-KEUUBteWltn JKT. (21)*****48 KUCMHQO32) 4X431-3 MANILA ISTANBUL MV "SIGRID WEHR" V.*****N MV "DSR AMERICA" V.0953 ETA SIN: 10-4-2000 ETA SIN: 20-4-2000 CHITTAOONG VALPARAISO/lOUIOUE MV "KOTA NAGA" V.NGAI4S MV KUO WNG" V.KLOOI N HA SIN: 10-4-2000 PLS CALL
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  • Page 35 Advertisements
    • 1692 35 IVEBBEL VOY KMM HKQ SIN PKQ DXB PMM BA I BMC I IRAN BAABAEI PCL-148 00/04 07/04 11/04 12/04 22/04 23/04 29/04 27/04 MAN SCESTAN PCL-ISO 12/04 14/04 18/04 19/04 20/04 30/04 02/06 04/09 IRAN TABATABAEI PCL-ISI 10/04 21/04 29/04 29/04 09/09 07/09 10/09 09/09 IRAN SATTARJ PCL-152 29/04 28/04
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    • 1125 35 jj/t' I I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/L) COSTAR SNIPPING PTI LTD #12-M SAIES/BKGS *****57/43 INWARD KPT (0/0) *****85 COSTAR AGENCIES fflft) SDN BND quo: 1I7I7IW000I» SINGAPOREO6BB9B COWVEWTKHtAi *****01/850 T/SHPMTD€PT *****25 TILO2-07-*****66FAX: *SC*OT SGf WC W W UN SHI MPU ll*
      1,125 words
    • 690 35 ——*——i i ii m JSJB MBBM I KWT IMIMIHIWIM Im I 111 IMI IM I PWUM SB! 011W 14/45 M/M M/M M/M H|M KJ tOTTHMAM 0041 M/M ?4/M 14/ M 77/04 14/05 my UMfIK WIIMB I) lIIMI HIM TT ll— Wt M>* *HJM| TRANMCK«Via EXPOKT IMPOST vissa vot sm iM
      690 words

  • Page 36 Advertisements
    • 1040 36 —M i|s i I;i i« t camp to am wo*- hwpbomw.swbbi.wssiatkuwt IS6P ao |ww| OB |wu I—lwv iw im vtssa/vor/>Gi iMMiw»iiir|g|aoir»is6r F=iS»iSSSilßlMfflSi# iCAMOTOAMROfc- VAINA, CONSTAMZA, ODESSA, PIMAUS, TNESSAIOMKt AUXAMMIA, POtT SA», IZMR. OEMI/l MBtSM, ISTAMOU JPOAH/lAST AMD WIST ftMDITBMANtAM ggVlCg> IMPORT isop ijb> ao law iros ikm ivu ire vb»/votagi
      1,040 words
    • 860 36 flr rr: ADVANCE CONTAINER LINES (PTE) LTD fIL«L- TEL: *****21, FAX *****19, TELEX RS ***** ACLPL FOO BOOKINGS PUASi CALL: *****32 SAUS A MARKITING *****21-28 OPERATIONS: 2212 MV *****06 C* NO. IfISMMOOOOE JAKAMA-cry—mm*m vgsa Iwy aw not vtssa voy i g KOTA SBB (PAT/ICH) I KSfOtT 6/4 Thu 9/4 Su>
      860 words
    • 375 36 SI TELOK OLANGAH ROAD M 2-02 Cllf (111 11 MUM lll——l| TEL *****11 (6 tines) FAX: *****05 TLX: RS ***** CR MO. **********0W *aa WC E* ETD lll—■ KA6URI OUON NMfIM lIMAM HOTIMWINMNNM MMUKWA 14/2000 1184/2000 1284/2000 KL OALAM UMMU BOH 1284/2000 IM4/2000 POWTIANAI ■MAOUKWA 1&/20 M MMM 2284/2000 PKL.
      375 words

  • Page 37 Advertisements
    • 391 37 i BSA a. IMI MYANMA mm, FIVE STAR UNE T (MyoMor Nittaal Um) Itifug fw Yonjon VfSSB VOT SM FU FEN FGU NPA-AN M7W SB SAGAMG MR SIB ■AIATSIA AGENTS; OOUSTIAD SMPFMG AGENCIES UL HI (03)*****00 FU: TH (03)*****01 FBI: HI (M) M ***** FGU: TE (07) *****21/4 BANK LINE
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    • 1298 37 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Ivcsa W? mi w |wi| <winmi| tvlm ipßsa ¥or sow wm m mm mv m~ "5T HTMBON 32SW M/M M/M 24/ M »/N »/M H/M U/M 21/ M M/M mom oiiw 07/w 20/04 zj/m 2S/m m/m 2s/os u/m n/n m/m tfICIRM 017W 10/ M 2*/
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    • 590 37 vOOv WALLENIUS WILHELMSEN I TO NORTH AND UTIN AMERICA "CAR ROM HEAVYUFT SERVICE" t«s» VOT |uar W»HI| an «I wo ■Iswlui I o» Inc |m In I reus MM 4001— »J» ~iWTS7STIW Ts7»rm7w~ li75T»/« »7ir«7ir" TO** AHOOf 44)0 Ins 6J« 29/04 25/05 02/04 05/0* 07/ M 09/04 10/ M 12/0*
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  • Page 38 Advertisements
    • 1184 38 PC ys. Make the connection With "BHUMnet" L^/ Best online vessel schedules High frequency in sailings Unique internet system M odern Fleet networking with strategic alliances e commerce with our internal customers transactions through BHUMnet wnfw.rclgrowp.com K. A>3CCORD SHIPPING PTE LTD 20 TOH GUAN ROAD *08-01 SINGAPORE 60M39 TO *****15
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  • Page 41 Advertisements
    • 63 41 NEW ADVE in IS E RS/SERVICES/AGEN CIES STL CONTAINER LINE For Services To Vietnam Calcutta Mon/Wed/Fri Pg 7 STANDARD SHIPPING AGENCIES PTE LTD Offers Weekly FCL/LCL Services To EAST MALAYSIA PORTS DETAILS Pg 8 kyowa line Direct Breakbulk/Container/LCL Service to Manila/Guam/Saipan Agents: V-Grow Shipping Pte Ltd See Page 7 Daily
      63 words


  • Page 43 Miscellaneous
    • 134 43 Hy 2Q ISr JEHf LEGEND: Issued by Meteorological Service Singapore R Thunderstorm Showers R®'" T «i^?h atUro C (J Wind direction and speed in knots Cloudy Day Weather w £*"*3 Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j Sli
      134 words