The Business Times, 28 April 2000

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Microfilm: NL21791
Total Pages: 58
1 58 The Business Times
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  • Title Section
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    15 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85$ SINGAPORE Internet: http://business-times.asia 1 .com.sg/ FRIDAY. APRIL 28. 2000
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  • Article
    Lock icon MARKET SUMMARY
    69 1 m 245L72 (+42.92) BT-SRI 806.77 (+8.96) ansa futures 289.80 (+4.50) STOCK MASKET INDICES Thursday Change KLSE COMP 904.25 +5i5 NIKKEI 18,***** 11M4 HANG SENG 15,192.87 -3452 SET INDEX 393.36 -11 JAKARTA COMP 521.62 -2.46 MANILA COMP —1,***** -19.30 TAIPEI WPI 8541.95 +5J9 SEOUL COMP ***** -21.16 CLSA CHINA
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  • Article
    Lock icon FINANCE
    78 1 FOREX SATES itss s$ USS 1.707 £(US$/S$ per 1573 1685 EUROfUS$/S$/E) 9.920 1570 DM 2.126 0.888 YEN 105.9 1.611 RM 3.800 0.449 HK$ 7.789 0.219 BAHT 38.10 0 045 RUPIAH 7335 0.022 •SS to 100 units Average uf 10 banks "Hoat Central Bank discount rales PRIME SATES SINGAPORE* 5.80
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  • Article
    Lock icon Latest US economic data set to rattle Fed
    532 1 Economy expanded 5-4% in first quarter; wages np 4.3% in year to March AP, Reuters Bloomberg [WASHINGTON] The US economy turned in a set of numbers yesterday that suggested policymakers at the Federal Reserve would have no choice but to raise interest
    AP,; Reuters; Bloomberg  -  532 words
  • Article
    Lock icon Dow down 147 at noon
    67 1 Reuters [NEW YORK] US blue chips opened sharply lower yesterday morning after reports on labour costs and economic growth suggested that inflation was on the rise. By noon, the Dow Jones industrial average was down 147.68 points at 10,797.82, adding to its 179-pointlosson Wednesday. The
    Reuters  -  67 words
  • Article
    Lock icon SIA in major cargo deal to take on global couriers
    422 1  -  Tie-np with two European airlines will integrate their cargo operations By Conrad Raj [SINGAPORE] Singapore Airlines, Scandinavian Airlines System and Lufthansa Airlines are working on a project to integrate their cargo businesses to take on international couriers such as United
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  • Article, Illustration
    Lock icon NSTB high-flier looks headed for venture firm
    449 1  -  Finian Tan joining US venture capital company DFJ, say sources BrrrariEnra Kenneth James [SINGAPORE] Three years ago he made the unusual move from investment banker to civil servant. Now National Science and Technology Board deputy chairman Finian Tan looks set to return to
    FILE PHOTO  -  449 words
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      77 1 nreroE fl|BB!BMIHB«(0PKNMr Exec Lifestyle Dispensing health in the workplace. EL 1 Jaime Ee on creative solutions to the population problem. EL 2 Top stories Richard Li says HKT deal is sound, dismisses NewsCorp speculation and signs a new content deal. Mmxt Pag* NEL gears up for listing. Pg 4 Internet
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      29 1 Airlines to form Internet marketplace, Pg 13 ©life wm 9 lioaf Find out what former banker Elizabeth Sam (left) and Hour Glass MD JannieTay are up to Next Pngc
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      73 1 Hoi and more reports, Pg 21 GENEVE /Skf I.UTC M m IN SINGAPORE: Chopard Boutique, 435 Orchard Road no. 02-36, Wisma Atria. Tel. 65/737 64 51. Dickson shops: The Promenade, Centrepoint, Suntec City Cortina shops: Lucky Plaza, Millenia Walk. Raffles City, Paragon Sincere Watch shops: Lucky Plaza. Ngee Ann City.
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    • Article
      Lock icon CyberWorks-C&W deal remains intact, no worries at all: Richard Li
      677 2  -  He dismisses talk of fresh SingTel-News Corp offer; announces new content deal From Meera Tharmaratnam in Hongkong RICHARD Li came back with all guns blazing yesterday, saying that Pacific Century CyberWorks' deal with Hongkong's largest phone company Cable Wireless HKT
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    • Article, Illustration
      Lock icon Put on your dancing shoes, world's coming to dance
      979 2 Singapore will have its biggest dance competition this Sunday at Suntec City, writes Jaime Ee SINGAPORE as a regional centre for finance, telecommunications, arts and... dance? Why not, say women like Elizabeth Sam and Jannie Tay, who are aiming to boost
      SIEW YAW HOONG  -  979 words
    • Article
      Lock icon DBS considering no-frills banking for lower income
      448 2  -  Move follows outcry over introduction of bank charges By Siow Li Sen [SINGAPORE] DBS Bank is looking into offering a basic no-frills banking facility for lower income Singaporeans. Jenny Lim, a DBS vicepresident, told BT: "The bank is studying various options, with a
      448 words
    • Article
      Lock icon MediaCorp to axe hundreds of workers: report
      251 2 ran n restructuring group i early release scheme [SINGAPORE] Government-owned Media Corporation of Singapore, which is undergoing restructuring, will be retrenching hundreds of workers at the end of this month as part of the group's early release tfffKffwo Quoting reliable sources, an article
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    • ON THE grapevine
      • Article
        Lock icon Share the gift of sight
        109 2 Did you know that one in four people around the world needs eyeglasses in order to see? The sad story, however, is that in many countries eyeglasses are either unavailable or unaffordable. But now there's an international body called the Gift of Sight mission that
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      • Article
        Lock icon Black is big
        178 2 Perhaps you might think that it is a big deal to be "invited" for a platinum card. Well, just in case you think you've really arrived, think again. American Express has now introduced the Black Centurion Card for some of their very best customers. We understand that
        178 words
      • Article
        Lock icon New money versus old
        130 2 In his latest newsletter, the irrepressible fund manager Marc Faber, aka 'Dr Doom' of the financial markets, has a telling table comparing a recent valuation of the Duke of Westminster's Private Trust with that of the Indian Internet service provider and portal Satyam Info way. The
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  • TIME bid
    • Article
      Lock icon Sapura submits Time bid, offering RM1b more
      635 3  -  But last-minute proposal unlikely to succeed in ousting Sing Tel, say analysts Frwr Eddie Toh in Kuala Lumpur SAPURA Holdings has submitted a bid for Time Engineering but analysts said it's unlikely to succeed in edging out Singapore Telecommunications. Wire agencies last night
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      284 3 BBBBHMHMBBc «W9j '^£jjti KjMBB If TR4NS EIROMRS PTE LTD Eurokars Centre. 12 Sungei Kadut Avenue. Singapore *****8 Tel: 363 3003 Fax: 369 3003. Showroom Hours: Monday Saturday 8.30 am 5 30pm. Closed on Sunday Public Holidays. City Centre. 29 Leng Kee Road. Singapore *****9 Tel: 251 6888 Showroom Hours Monday
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      312 4 ptoCBMERHOUsEQOPERS i With Value Added Taxes (VAT), or Goods Services Tax (GST) now collected in over 130 countries, VAT is a major issue for international companies and any organisation carrying out cross-border transactions. Failure to understand the principles and practice of VAT in different tax regimes will adversely affect a
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      361 4 ABN AMRO NEW APPOINTMENTS ABN AMRO is pleased to announce the following new appointments: Based in the Asia Pacific regional office in Singapors/ABN AMRO Bank Singapore:Mr. Robert R Davis has joined its Regional office as Chief Operating Officer, Asia Pacific. Mr. Davis was formerly Senior Vice President and Head of
      361 words
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      14 4 Buy It. Sell It. Find It. Classified. GAXsJ Call Today For Results Tomorrow. 1800-737-1166
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  • SINGAPORE companies
    • Article
      Lock icon NEL gears up for Nasdaq listing
      479 4  -  It has signed on Merrill Lynch, sources say; stock rises 40 cents to close at $9.40 on market talk By Lee Han Shih NATSTEEL Electronics Ltd, Singapore's biggest electronics subcontractor, has hired American investment bank Merrill Lynch to prepare it for a Nasdaq listing,
      479 words
    • Article, Illustration
      Lock icon Robinsons goes online at AsiaOne's revamped mall
      318 4  -  SPH subsidiary also incorporates Zaobao.com By Joyce Koh RETAIL giant Robinsons department store has launched its online store at Asia One, aimed at young and affluent Net shoppers. In a joint statement, Robinsons chief executive Peter Husum was quoted as saying that the
      FILE PHOTO  -  318 words
    • Article, Illustration
      Lock icon Venture shares soar on news of partnership deal
      276 4  -  Jennifer Lien VENTURE Manufacturing's stock price soared 12 per cent to $19.30 yesterday after the company sent out invitations to analysts and reporters to attend an "agreement signing ceremony" and party next Tuesday. The invitation, signed by Venture's managing director Wong Ngit
      FII.E PHOTO; Source: Bloomberg  -  276 words
    • Article
      Lock icon Singbus has key to best of both worlds
      608 4  -  HOCKim!MUM christopher tan HOW does a bus company rationalise a sparkling corporate tower built from fares paid by HDB three-room dwellers? How can a train operator occupy itself with plans to list and go into totally unrelated fields such as mass media
      608 words
    • Article, Illustration
      Lock icon ST Assembly Q1 net soars on higher margins
      366 5  -  By Jennifer Lien ST Assembly Test Services (Stats) yesterday reported a 11-fold jump in first-quarter net profit, thanks to an ongoing chip industry upturn. Its net profit came to US$l5.B million (Ss27 million) in the first three months of the year on
      FILE PHOTO  -  366 words
    • Article
      Lock icon Thai Village IPO 11 times subscribed
      164 5 THE retail tranche of restaurant operator Thai Village Holdings' initial public offering (IPO) has been subscribed by about 11 times. The company, which owns a chain of specialty restaurants in Singapore and China, said yesterday that at the close of its IPO at noon
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    • Article
      Lock icon Freight Links to buy 20% of MHE
      478 8  -  10.8 m shares priced at 60 cents, a 30% premium to market price By Kalpana Rashiwala FREIGHT Links Express Holdings (FLE) will become the single largest shareholder of MHE Holdings. It is paying $6.48 million for a 19.61 per cent stake in the
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    • Article
      Lock icon Chew Eu Hock interim earnings dive 91%
      187 8 ENGINEERING group Chew Eu Hock Holdings continued to suffer "recessionary conditions" in the construction industry, as its profits plunged 91 per cent, from $1.3 million to just $115,000. Turnover was down 4 per cent to $70.7 million for the half-year ended 31 Jan.
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    • Article
      Lock icon S'pore Food Ind Q1 profit up 17% to $5.6m
      272 8 THE net profit of Singapore Food Industries (SFI) rose 17.2 per cent to $5.6 million in the first three months of this year, while turnover jumped 22.2 per cent to $87.7 million. Earnings per share based on existing issued share capital
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    • COMPANY Briefs
      • Article
        Lock icon IPCO forecasts turnaround
        80 9 IPCO International yesterday said that based on recent estimates for the year ending April 30, it expects a net profit of about $3.9 million, a turnaround from a $40 million loss previously. The earnings exclude professional fees of $2 million in connection with the acquisition of toll
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      • Article
        Lock icon Koh Brothers plans 1-for-1 bonus
        39 9 KOH Brothers has proposed a 1-for-l bonus issue of up to 289 million shares. The company said the issue will enlarge its capital base and is a move to thank shareholders for their loyalty.
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      • Article
        Lock icon SALE makes Kevin Fackrell credit chief
        89 9 SINGAPORE Aircraft Leasing Enterprise has appointed Kevin Fackrell as its chief credit officer with effect from May 1. Mr Fackrell will be based in the headquarters in Singapore and will have primary responsibility at SALE for risk management and research. He joins SALE from
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      • Article
        Lock icon SALE reports successful bond issue
        103 9 SINGAPORE Aircraft Leasing Enterprise, said its inaugural corporate bond issue, which had attracted strong interest from the market, has closed fully subscribed and on schedule. The fixed-rate bond was launched on 7 March with a term of seven years, and will raise $65 million to
        103 words
      • Article
        Lock icon Howe Yoon Chong retires from GE
        45 9 GREAT Eastern Holdings said Howe Yoon Chong, chairman of its board and an audit committee member has retired from the board. Directors have appointed Michael Wong Pakshong as chairman and Peter Husum as a member of the audit committee.
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      • Article
        Lock icon Datacraft bags Korean contract
        60 9 DATACRAFT Commis Networks, a Korean subsidiary of Singapore-listed Datacraft Asia, has won a US$4.2 million (Ss7 million) contract from PSINet Korea to design and implement a nationwide IP backbone based on advanced Layer 3 technology. The order represents a major upgrade for PSINet Korea, which is
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    • Article, Illustration
      Lock icon Parkway Lab jumps 35% to 44 cents
      345 9  -  Director cites company's good margins for stock's popularity By Andrea Tan THE share price of recent Sesdaq addition Parkway Laboratory Services (PLS) yesterday shot up 35 per cent to close at 44 cents, its biggest gain so far. Yesterday's gains were in stark
      FILE PHOTO; Source: Bloomberg  -  345 words
    • Article
      Lock icon Creative buys 17% of e-solutions enabler
      328 9  -  It has option for farther 8% before Adroit Innovations goes for IPO By Ling Su Ann CREATIVE Technology has taken a 17 per cent stake in Adroit Innovations, an e-solutions enabler that hopes to be listed soon. Creative, the world's largest soundcard maker and
      328 words
    • Article, Illustration
      Lock icon Food Empire IPO closes just under offer price
      162 9 FOOD Empire Holdings, which made its trading debut yesterday, closed slightly below its offer price of 13 cents despite a strong showing in the broad market. The share price of the local food and beverage manufacturer fell half a cent or 4
      162 words
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      128 5 March, 2000 SinGAPORE AIRLinES J has acquired a 49% stake in virgin atlanticfmS for £600.25 million THE UNDERSIGNED ACTED AS FINANCIAL ADVISOR TO SINGAPORE AIRLINES LIMITED IN THIS TRANSACTION CREDIT FIRST SUISSE BOSTON Svwt but puce ft* am* Alotlt. Just dick www.wizofflce.com JJv WJzCWce.com wmmmmmmmmmmm i D A Ll i_il_u__ii
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      507 6 Stocks Volums ParkwayLab 5c 22,834,000 Food Empire 5c 21,091,000 MHEHidgs20c 13,179,000 QES Int) Ltd 20c 11,351,000 Eastern Asia 9,145,000 NOL 8,751,000 Jurong Tech 10c 8,045,000 TACBt***** 7,184,600 Liang HuatWt 6,567,000 DBS Land 6,425.000 Stocks > PaaficCentury 54,941,848 Chart Semiconductor 26c 44,493,357 DatacrafMOc 33,865,296 TAC Bt10 200 32.764,585 SPH 32.400,663 VentureMfg25c
      507 words
    • Article, Illustration
      Lock icon Institutional investors snap up blue chips, boosting STI
      530 6  -  STOCKS r.sivanithy AFTER weeks of hesitancy, institutional investors yesterday finally took the plunge to snap up local blue chips like Singapore Press Holdings and leading contract manufacturers Nat Steel Electronics and Venture Manufacturing. Their move pushed the Straits Times Index up 42.92
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    • Article, Illustration
      Lock icon CL's Chartered wrt worth a look as underlying share rises
      194 6  -  WARRANT WATCH ffy R Sivanithy SEMICONDUCTOR and other electronic stocks made a comeback of sorts yesterday and one of the best percentage performers was the covered warrant by Credit Lyonnais (CL) on Chartered Semiconductor Manufacturing. We've been rather critical of
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    • Article, Illustration
      Lock icon MHE looks set for further gains
      247 6  -  HOT STOCK *>y Wong Wei Kong Shares of MHE Holdings saw a sharp rise in trading activity yesterday, before being suspended for an announcement of a major shareholding change. MHE shares rose 2.5 cents or 5.6 per cent to 47.5 cents. The stock opened
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    • Article
      Lock icon Market Notices
      151 6 ♦HAI Sun Hup Warrant 2002: Entitlements to the adjustment of warrants on the basis of two warrants replacing one existing warrant held. Ex-date is on May 3. Last day of buying-in on a cum basis is on May 8. The exercise price of the warrants will be adjusted
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    • Article
      Lock icon US dollar up against yen, but stays range-bound versus euro
      555 6 AFP [SINGAPORE] The US dollar rose against the yen and was range-bound against the euro in Singapore trading yesterday ahead of a meeting of the European Central Bank (ECB), dealers said. The US dollar closed at 106.15 yen, up from
      AFP  -  555 words
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      74 6 On Sundays, our view becomes doubly good. A commanding view, exquisite Veuve Clicquot or La Grande Dame Champagne, a sumptuous New Orleans spread, and all that jazz. Make a toast to unforgettable experiences, enjoyed only when you're at the top. Unforgettable Sundays at our New Orleans Jazz Champagne Brunch, from
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      24 6 Access to IPO placements. Just one more reason to join DBS Investor Online Call us at 323-3955 to find out more 83 DBS BANK
      24 words
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      1136 7 I FIA C o nferences I I pjlli M I I I fil ViV 4th May 2000 at The Grand Hyatt, Singapore BV •/>''' Lead Sponsor |V 6NP Prime Peregrine H on from the tremendous success of ASIA.COM I ASIA.COM 11, the conference will bring together o total of 300
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      35 8 h>« JIHHITE TUSH ARIWKRE Local Art Contemporary Art Regional Art In The Arts, The Business Times TOMORROW *H Score with an advertisement in The Straits Times Classified. j JJy Buy IL ScO h. Find It
      35 words
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      207 9 TOLL FR I t 1800-737-1166 [cAX&J Call Today For Results Tomorrow. 5000 B.C. AN EMPEROR'S CRAVING. TIME TO SET SAIL. Dried Abalone Truffle Feast In Imperial China, emperors despatched their fleets to the four seas in search of abalone, the King of Seafood. Now, you can dine like an emperor
      207 words
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      209 9 N m~\ ONE THING YOU IMPROVE YOUR RELATIONSHIP BECOME A CUSTOMER. I Think how you'd like to be treated next time you deal fl a whoever you V by phone or you i fingertips. How would you respond to an organisation who then used this information to provide consistent, personalised
      209 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Internet incubation centre coming up in Suntec City
      549 10  -  Landlord will charge concessionary rental in exchange for stake By: Kalpana Rashiwala PART of the premises designated for the former Sir Stamford Raffles Club at Suntec City could soon be transformed into what is touted to be "Asia's premier Net startup incubation
      SIEW YAW HOONG  -  549 words
    • Article
      Lock icon Ad spending jumps 30% in March
      376 10  -  By. Audrey Tan MEDIA companies are laughing all the way to the bank, thanks to the advertising war being waged among Star Hub, Sing Tel and Mobile One. Figures from market researcher AC Nielsen show that the total ad spending surged 30 per cent
      376 words
    • Article
      Lock icon Knowledge management a key criteria in E50 ranking
      395 10  -  By Eugene Low TO reflect Singapore's shift towards the New Economy, knowledge management will now be a key criteria companies must meet if they aspire to make it to this year's Enterprise 50 rankings. In addition to financial indicators like pre-tax profits,
      395 words
    • Article
      Lock icon SCV clarifies points in IDA letter
      287 10 SINGAPORE Cable Vision (SCV) said yesterday in a two-page clarification that the Infocomm Development Authority (IDA) agrees that the company may not be "fully accountable" for slow cable access speeds. SCV had written to the IDA to clear up points raised in IDA'S letter
      287 words
    • Article, Illustration
      Lock icon Time to check out the Time2 new food zone
      378 10  - Time to check out the Time 2 new food zone By Jane Cheong CALLING all avid foodies out there who are sick and tired of the same old eating places in town. There is a new F&B hub located at Millenia Walk which promises to titillate your jaded tastebuds with
      378 words
    • Article
      Lock icon PalapaNet to offer Net links to region via satellite and fibre
      318 10  -  Primary customer base will be ISPs and enterprise clients By Teh Hooi Ling PALAPANET formed by PT Satelindo, Vortex Technologies, Science Application International Corporation (SAIC) of the US, and Asia Broadcast Centre of Singapore aims to bring Internet connectivity
      318 words
    • Article, Illustration
      Lock icon JTC net factory allocation stays robust
      416 10 WITH the manufacturing sector finding its feet, net allocation of Jurong Town Corporation factory space remained robust but more industrial land was given up than leased in the first quarter. Figures from JTC yesterday showed that net allocation of standard factory space came to
      Source: JTC  -  416 words
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      402 11 Itlll N m i 111 [ItH T ■I mm mm M A IBM Aptiva BiQ plus 10,000 f reeAtomS only 551,799 I I Enjoy 9 months pj H I Pacific Internet!! w? I Easy Access f§Sj g I Subscription 1 SIS IBM Aptiva BiQ Specifications I 550MH7 AMD Athlon Processor
      402 words
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  • MAIL bag
    • Article, Illustration
      Lock icon SGX shares: Buyers sitting on losses
      853 12  -  Tan Keng Soon Singapore via Internet THE people who paid $15,000 for each SGX share are now sitting on a paper loss of $10,000 per share. This is because they failed to realise that after the private placement and share adjustment, the value of
      FILE PHOTO  -  853 words
    • Article
      Lock icon List accepting online payment too small, DBS
      186 12  -  Timothy Koh Kian Long Singapore I applaud Mr Matthias Yao's public outcry on DBS charges. DBS bank is encouraging customers to use alternative methods of payments. I already am using DBS Online for my POSB banking needs. What I find disappointing is the
      186 words
    • Article
      Lock icon Does it mean this, does it mean that, DBS?
      216 12  -  Leong Sze Hian Singapore DBS Bank has announced charges for DBS and POSBank accounts. As DBS Autosave has a "monthly account fee" of $2 and a DBS Current Account does not, does it mean we should all close our DBS Autosave
      216 words
    • Article
      Lock icon No fault of mine, POSB
      112 12  -  Jason Chua Singapore I WOULD like to point out that the problem of POSB customers having multiple accounts is in no way the fault of the customers. I have had a POSB Passßook account since I was in primary school. As time passed and Giro
      112 words
    • Article
      Lock icon Car loan: why sign blank transfer form?
      227 12  -  Desmond Lim Singapore I WAS successful in the latest round of the COE bidding and so my car dealer handed me a stack of bank's documents to sign for the application of car loan for my new car One of the documents was
      227 words
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      49 12 V s 11 '^h V/ Lfl I J \cl' II ■%«r ,fl vT H^, ,^o^^ 6 Wr^6 The International Herald Tribune. Independent, international news, informed analysis and respected opinion, edited in Paris sflfice 1887 and distributed in more than 180 countries worldwide. Think IHT. The World's Daily Newspaper. gpjf
      49 words
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  • e News
    • e Briefs
      • Article
        Lock icon Xerox, Microsoft in Net-based venture
        60 13 Bloomberg [STAMFORD, Connecticut] Xerox Corp, the world's biggest copier company, said it formed an Internet-based joint venture with software maker Microsoft Corp. The companies didn't provide details, except to say Xerox chief executive Rick Thoman and Microsoft CEO Steve Ballmer will hold a news conference
        Bloomberg  -  60 words
      • Article
        Lock icon Optus pulls in its cable
        53 13 AFX-Asia [SYDNEY] A proposed high-speed broadband cable joint venture between Cable Wireless Optus Ltd, ecorp Ltd and Microsoft Corp looks unlikely to go through, following Optus' decision not to renew the exclusive negotiating period for the deal beyond May 1, The Australian reported, quoting sources
        AFX-Asia  -  53 words
      • Article
        Lock icon Mobile phones reward Matsushita
        80 13 Bloomberg [TOKYO] Matsushita Communication Industrial Co, Japan's biggest cellular phone maker, said annual profit rose 30.7 per cent on booming sales of mobile phones. The company posted net income of 35 billion yen (***** million), or 186.6 yen per share, for the year ended March 2000,
        Bloomberg  -  80 words
      • Article
        Lock icon Ingram Micro meets expected earnings
        89 13 Reuters [SANTA ANA, California] Ingrain Micro Inc. the largest US wholesaler of computer products, on Wednesday reported results in line with analyst estimates as sales rose 16 per cent. It said net income before gains ort the sale of investments and for repurchasing company debentures
        Reuters  -  89 words
      • Article
        Lock icon Profit surge animates Macromedia
        96 13 Reuters [SAN FRANCISCO) Macromedia Inc, a maker of software to add animation and high-end graphics to Web sites, said fiscal fourth-quarter net income nearly tripled as sales surged 95 per cent It said that for the quarter ended March 31, it had net income ofUS$5.54 million
        Reuters  -  96 words
    • Article, Illustration
      Lock icon Cell phones ring in profits for Nokia
      328 13 ESPOO, Finland Sales of new models help lift Q1 net profit 76% to 891 m enros Bloomberg NOKIA, the world's biggest cellular-phone maker, said first-quarter profit rose 76 per cent as it beat competitors to market with new models, including one capable of
      Bloomberg  -  328 words
    • Article
      Lock icon Currenex launches web-based forex system
      233 13 LONDON Reuters US online firm Currenex Inc yesterday launched an Internet-based foreign exchange service which it says will provide end-users like corporations and fund managers with a level playing field vis-a-vis bank dealers. Instead of shopping for the best rate by calling up different banks
      Reuters  -  233 words
    • Article
      Lock icon Six major airlines to form Internet marketplace
      161 13 NEW YORK Reuters SIX major world airlines announced plans yesterday to form a new company to create and operate an Internet marketplace linking carriers worldwide with sellers of related goods and services. They said the portal will handle some US$32 billion (Ssss billion)
      Reuters  -  161 words
    • Article
      Lock icon Amazon's losses deepen, but results beat expectations
      482 13 SEATTLE Revenue almost doubles; loss per share is 35 cents from 12 cents previously NYT, Reuters LEADING online retailer Amazon.com reported wider losses from a year ago even as revenues nearly doubled. The losses reported on Wednesday were slightly less than Wall Street
      NYT,; Reuters  -  482 words
    • Article, Illustration
      Lock icon Yearning for US$7.5m room with a view
      233 13 NEW YORK Bloomberg AMAZON.COM Inc founder and chief executive Jeff Bezos has bought the top floor of an apartment building on New York's Central Park West for about US$7.5 million (5512.8 million), according to a person familiar with the situation. Mr Bezos bought
      Bloomberg  -  233 words
    • Article
      Lock icon Hitachi raises investments in chips
      250 13 (rupital spemtiag fa FT2ooltorise 40.7% to 204b yen Reuters HITACHI Ltd, the Japanese electric machinery and chipmaking giant, said yesterday it will invest a record 204 billion yen (553.28 billion) in semiconductors this year to meet surging demand for chips used in mobile phones and
      Reuters  -  250 words
    • Article
      Lock icon Battered Hikari to seek outside help
      329 13 TOKYO Company has seen its shares collapse 94% since February Reuters JAPANESE Internet investor Hikari Tsushin Inc, trying to arrest a savage fall in its share price, said yesterday that it wanted to put outside directors on its board to reduce its president's dominance
      Reuters  -  329 words
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      215 13 thelKg^i The Third Annual Digital Economy Forum HpaKBVTI The Ritz-Carlton, Hong Kong WL'IIMIe c on o m y Convergent Leadership: Putting Ideas to Work The Digital Economy forum is a chief executive officers meeting investigating the direction of the 1 1 1 dj 9 ita economy and its impact on
      215 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon A bubble exists but year 2000 isn't 1929
      828 14  -  WjTnToTiiMim^ OPINION paul samuelson The writer is an economist at the Massachusetts Institute of Technology WHEN the year 2000 began, opinion about the stock market was sharply divided Most academic economists held the view that something of a "bubble" was going on
      828 words
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      90 14 'Any modified ABM treaty negotiated by this administration will be DOA, dead-on-arrival, at the Senate Foreign Relations Committee.' Jegae committee chairman, on a possible arms<ontrol agreement negotiated by the Clinton administration with Russia. 'Globalisation... has come to stay. But the players are giants and dwarfs giants of
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      Lock icon HK's media tightrope
      563 14 EDITORIAL WANG Fengchao, the deputy director of the mainland government's liaison office in Hongkong, caused quite a stir when he called on the Hongkong media to refrain from reporting views advocating independence for Taiwan. His remarks were immediately read by many as yet another attempt by Beijing
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      Lock icon Why taxing e-commerce needs to be a global effort
      1190 14  -  A nation trying to go it alone would find it impractical to collect revenue, and retard e-business growth Bu Bernard Randall, Paul Thompson The authors are lecturers in the accounting department at Ngee Ann Polytechnic THE Internet is in its infancy
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      Lock icon WHAT THE OTHERS SAY
      851 14 Plftttlft INDONESIAN President Abdurrahman Wahid's sacking of Industry Minister Jusuf Kalla and State Minister of Investment and State Enterprises Laksamana Sukardi on Monday spooked the market. The Jakarta Stock Exchange tumbled 2 per cent on Tuesday but was up 1 per cent on Wednesday. The rupiah
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  • REGIONAL news
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      Lock icon HSBC to buy 75% of Bangkok Metro for 15b baht: banker
      738 15 BANGKOK Move enables HSBC to expand in country, boosts Thai banking reform Bloomberg HSBC Holdings Pic agreed to buy control of Bangkok Metropolitan Bank Pel, giving Europe's largest bank a chance to expand in Thailand and a boost to
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      Lock icon M'sian vehicle sales hit highest level since 1997
      323 15 KUALA LUMPUR Bloomberg MALAYSIAN vehicle sales rose to their highest level in more than two years in March as decade-low interest rates prompted investors to borrow again and buy more cars. Sales of cars, trucks and buses increased 23 per cent from
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        Lock icon In reverse gear
        109 15 NATIONAL car maker Perusahaan Otomobil Nasional (Proton) shed 30 sen to RM5.50 on news that it will soon unveil its first all-Malaysia car. Investors fear that it may have to make a cash call to develop more Malaysian marques as its cash pile will be depleted from
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        Lock icon Hwang-DBS down on merger concerns
        92 15 HWANG-DBS Securities dropped 24 sen to RM4.40 on concerns that the Penang-based brokerage will be financially stretched in its bid to become a universal broker. Malaysian brokers have until the end of this year to find merger partners in the government's drive to reduce the
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        Lock icon Tajuddin's juggling act
        63 15  -  Compiled by Eddie Toh TECHNOLOGY Resources Industries jumped 24 sen to RM4.82 on growing expectations that it will soon resolve its debt woes. Major shareholder Tajuddin Ramli will also have to revamp the debts of Naluri Bhd and associate Malaysian Airline System. It is still unclear how
        63 words
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      Lock icon Maybank cuts base rate to 6.5%
      210 15 KUALA LUMPUR Cat may spur other banks to do same, boosting economy Bloomberg MALAYAN Banking Bhd, the second-largest bank in Southeast Asia, cut its key lending rate for the first time in eight months, reflecting a government drive to lower rates to spur economic
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      Lock icon Malaysia Airports seeks delay in further share sale
      306 15 KUALA LUMPUR Bloomberg, Reuters MALAYSIA Airports Holdings Bhd said it had advised the government to delay its sale of a further 20 per cent stake in the country's sole airport management company because of the recent decline in the stock market. "We
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      Lock icon Courts deals Ibra second blow in two days
      149 15 JAKARTA Bloomberg THE Jakarta Commercial Court dealt the Indonesian Bank Restructuring Agency (Ibra) its second defeat in two days, rejecting its bankruptcy suit against plastic exporter PT Sumi Asih yesterday. The verdict came after the court threw out a case on Wednesday
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      Lock icon KMT-linked Taiwan bank to be restructured
      548 16  -  Chang Shing revamp signals that other 2nd-tier banks with bad loans could be next From Macabe Keiiher in Taiwan IN a move that could foreshadow a wave of consolidations in Taiwan's secondtier banks, the finance ministry has signalled that it may order a restructuring
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      Lock icon Ex-Bank-Bali chief Ramli calls for truce in battle
      533 16 JAKARTA Reuters FORMER Bank Bali chief Rudy Ramli said yesterday he had called a truce in his battle with the central bank and Indonesian Bank Restructuring Agency (Ibra) so the bank his family founded could be saved. Asked whether he was dropping
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        Lock icon Philippine central bank offers funds
        61 16 Bloomberg [MANILA] The Philippine central bank said it'sTeddyto provide banks with funds in case depositors withdraw their money from banks in the wake erf*the closure of Urban Bank Inc this week. It has reopened a credit facility allowing banks to borrow from the central bank
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        Lock icon Gus Dur slammed for sackings
        57 16 AP [JAKARTA] Senior legislators yesterday accused >, Indonesian President Abdurrahman Wahid of failing.to i explain fully why he fired two key economic ministers this week, creating political tensions that sent financial markets into a spin. However, after a four-hour closed-door meeting at the national Parliament,
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        Lock icon Manila ups short-term benchmark rate
        63 16 Bloomberg [MANILA] The Philippine central bank raised its key, interest rate by a quarter-point, the first rise since August 1996, anticipating higher US interest rates, its governor said. It increased its closely watched overnight borrowing rate to 9 per cent from 8.75 per cent. That
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        Lock icon Bigger loss at nationalised Indon bank
        36 16 Bloomberg [JAKARTA] PT Bank Niaga, a bank nationalised by the Indonesian government, said its 1999 loss widened to 5U6 trillion rupiah (Ssl.2 billion) on increased provisions for bad loans. Bloomberg
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      Lock icon China developers see better '99 gains
      483 18 SHANGHAI This is due to govt boosts, corporate restructure: analysts Reuters EARNINGS of many Chinese property developers took a turn for the better last year, hoisted by corporate restructuring and government moves to boost the housing market, analysts said yesterday. But a full recovery
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      Lock icon Wipro intends to go ahead with ADR issue
      432 18 BANGALORE Volatility in tech stocks won't affect plan to tap USssoom Reuters INDIAN information technology firm Wipro Ltd's plans to float an issue of American Depository Receipts (ADRs) has not been affected by the recent volatility of global technology stocks, Wipro's chairman
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      Lock icon India raises limit for 200 stocks to 12% from 8% from May 2
      289 18 BOMBAY Short sellers have to produce share certs on settlement Bloomberg INDIA'S market regulator is expanding the range it will allow stocks to trade every day to 12 per cent from 8 per cent, to give more
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      Lock icon China's AsiaInfo sees silver lining in Nasdaq
      472 18 BEIJING Reuters ASIAINFO Holdings Inc, which sells Internet hardware and software in China, said yesterday it would go ahead with plans to buy technology firms this year even though its Nasdaq share price has been hammered. "We are not putting on hold any
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      Lock icon India relaxes bank, bond market rules
      281 18 BOMBAY Bloomberg INDIA'S central bank relaxed rules to strengthen banks, and outlined measures to boost the bond market even as it left key interest rates unchanged. The Reserve Bank of India, while forecasting the country's economy to expand at between 6.5 and 7 per
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        Lock icon Tata denies interest in Rover
        77 18 Reuters [BOMBAY] Leading Indian conglomerate Tata yesterday denied that it was in the race to acquire British car maker Rover from Germany's BMW. The Independent reported yesterday that Tata may emerge as a third bidder in the battle to acquire Rover, saying Tata was thought
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      • Article
        Lock icon HK trade deficit widens to HK$13.6b
        59 18 AFX-Asia [HONGKONG] Total exports in March rose 26.4 per cent year-on-year to HK1122.8 billion (Ss27 billion), the Census and Statistics Department said. Imports rose 25.9 per cent from a year earlier to HK1136.4 billion, to give a visible trade deficit of HK113.6 billion, compared
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        Lock icon Zee to launch sports channel
        45 18 Bloomberg [NEW DELHI] Zee Telefilms Ltd, India's biggest norvstate television broadcaster, plans to unveil a sports channel before the end of the year. Its chairman, Subhash Chandra, said it also proposes to introduce another "organic channel" later during the year.—Bloomberg
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        Lock icon China Airlines Q1 profit jumps 10-fold
        57 18 Bloomberg [TAIPEI] China Airlines Ltd said first-quarter operating profit surged more than 10-fold due to the recovery of Asian economies and stable business in Europe and the US. It said operating profit rose to NT$4B4 million (Ss27 million) from NT$43 million in the year-earlier
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      301 15 LOOKING FOR AFFORDABLE LUXURY? COME TO OUR CARPET AUCTIONS You II find gorgeous lithographs and silverware in addition to our stunning range of fabulous handknotted wool and silk PERSIAN ORIENTAL carpets at our auctions. Luxuries made more affordable since most lots start without minimum reserve price! SATURDAY SUNDAY 29 APRIL
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      174 16 NeM, ~tb A&tfix COAfOKdtl k Just click www.wizoffice.com mm v 'y WizOfnce.com o«mi. omtrn mm*4 •4■ I |k n& When you work hard and play hard, it makes all the sense in the world to jfe mm take care of your body. You need time to relax. The OSIM Millennium
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      11 16 U//2-fei#K4 M>~tfrL fyQVCLM you, mud,Just click www.wizofTfce.com (J JIJ Wizomcecorn «^OXiM«toW»<
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      84 17 W ill Hl'H That great plan for a business you've been saving? Ifs time to let it out into the world. Because now everyone can play in the emerging e-services economy. Your rainy day idea can team up with someone else's rainy day idea, or everyone else's rainy day idea.
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      73 18 Full professional after sales service provided. For a FREE copy of our 100 x page colour brochure or to arrange a complimentary consultation contact: Ms Florence Nathan, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE. SINGAPORE *****1 E-mail: ocrasing9singnet.com.sg TEL: (65) *****82 FAX:
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      164 18 ARE HEARING AIDS EMBARRASSING? No. As shown here, not only can hearing aids today be worn almost invisibly, they are so advanced that they are packed with the power of a Pentium 111 processor coupled with artificial intelligence! Research* indicates that hearing loss has a significant impact on a persons
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      82 18 India** Tata interesed in buying Rover, Shipping Times Pg 15 For best buys look for the fin formation 40 \2**o I" 1 1 1 1 1 1 Forget head shoulders. Look out for the fin. Kelong Thomson Superior Sharksfin Soup is now at $28.80 per bowl (usual $38). Also try
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      122 19 < fej* 3;•,' i 'u '.V„ f' V ••>«• J»'- ri" *t'% i" „L ♦Sun VwjWvE microsystems We're the dot in .com" n SUN MICROSYSTEMS PTE LTD 1 Magazine Raad, #07 01/13, Central Mall, Singapore *****7 Tel {65) 438 1888, Fax (65) 438 7646 4', SINGAPORE DISTRIBUTORS: ECS Computers (Asia)
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  • WORLD news
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      Lock icon AT&T Wireless raises US$10.6b in biggest US IPO
      313 20 NEW YORK Unlike past initial offers, share price fails to fly, hovering only a few dollars above IPO price Bloomberg AT&T Corp's wireless unit raised U5510.62 billion (SslB million) in the biggest US initial public offering but its stocks didn't fly to
      Bloomberg  -  313 words
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      Lock icon Siemens H1 net profit up nearly 100%
      305 20 TOULOUSE Ifilti (iifflri Wth niiifjfiifmt'n ind analysts' expectations Reuters GERMAN industrial and technology group Siemens AG yesterday posted an almost 100 per cent surge in first-half net profit before extraordinary items, exceeding both management's and analysts' expectations. The group, which has recently undergone
      Reuters  -  305 words
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      Lock icon ABN Amro chief defends role in WOL flotation
      410 20 AMSTERDAM FT ABN Amro, one of Europe's leading banks, on Wednesday called for an end to the "grey market" in shares that had not yet been issued. This type of trading artificially fuelled demand and inflated expectations, it said. Jan KalfT, ABN
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      Lock icon Compaq poised for rebound in 2000: analysts
      351 20 NEW YORK Sale of servers with Windows 2000 new growth area for firm Reuters COMPAQ Computer Corp's higher first-quarter earnings suggest that the world's top persona] computer maker has hit bottom and is poised for a rebound in 2000, analysts said on Wednesday.
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    • Article
      Lock icon Joint proposal to break up Microsoft expected
      261 21 WASHINGTON Reuters THE US states involved in an anti-trust case against Microsoft Corp are expected to join the federal government today in calling for the software giant to be split in two, sources familiar with the case said. The states and US Justice
      Reuters  -  261 words
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      Lock icon ECB ups benchmark rate to 3.75%
      551 21 FRANKFURT Move to curb inflation as the euro's slide boosts cost of imported goods Bloomberg THE European Central Bank raised interest rates for a fourth time in six months to restrain inflation as the euro's slide to a record low boosts the cost of
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      Lock icon Unmasking grouses
      34 21 [LONDON] A protester among demonstrators outside the Barclays'annual general meeting in Queen Elizabeth II Conference Centre in London, on Wednesday. The group was protesting at the bank's treatment of its customers. AFP
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    • Article
      Lock icon Stanchart to buy ANZ Grindlays for A$2.2b
      460 21 LONDON UK bank gets almost a million new customers in India and the Middle East Bloomberg STANDARD Chartered pic said it will buy ANZ Grindlays Bank Ltd from Australia New Zealand Banking Group Ltd for A 52.2 billion (552.28 billion) in cash, giving
      Bloomberg  -  460 words
    • WORLD Watch
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        Lock icon Adidas, Nike sue Wal-Mart
        55 21 Reuters [LOS ANGELES] Adidas America Inc, a unit of German sportswear giant Adidas, and its parent Adidas-Salomon AG joined forces with archrival Nike Inc and filed suit on Wednesday against Wal-Mart, the world's biggest retailer, for allegedly selling counterfeit Nike and Adidas branded T-shirts at its
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      • Article
        Lock icon MCI WorldCom Q1 profit rises 72%
        82 21 Bloomberg {CLINTON, Mississippi} MCI World Com Inc, which is buying rival long-distance telephone company Sprint Corp, said first-quarter profit rose 72 per cent as data and international sales offset slower growth in phone revenue. Net income rose to US$l.29 billion (552.2 billion), or 43
        Bloomberg  -  82 words
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        Lock icon Dow Chemical Q1 earnings up 26%
        55 21 Bloomberg [MIDLAND, Michigan] Dow Chemical Co said first-quarter earnings rose 26 per cent to US$4l5 million (Ss7oB million), or US$l.B3 cents a share, from US$329, or 1.47 US cents, a year earlier. Dow Chemical sales rose 22 per cent to US$5.3B billion from U554.42
        Bloomberg  -  55 words
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        Lock icon BASF to out 5,000 jobs at main plant
        79 21 Bloomberg [LUDWIGSHAFEN, Germany] BASF AG, Europe's biggest chemical maker, said it plans to cut more than s,ooojobs at Its main Ludwigshafen production site by the end 0f2003 "to maintain the long-term competitiveness of the site". The reduction, amounting to almost 12 per
        Bloomberg  -  79 words
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        Lock icon AIG earnings up 16%
        84 21 Bloomberg [NEW YORK] American International Group Inc posted a 16 per cent increase in operating earnings on higher revenue and price increases. Profits from operations rose to US$l.36 billion (552.3 billion), or 86 US cents share, from US$l.lB billion, or 77 US cents a share, a
        Bloomberg  -  84 words
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      Lock icon Economists expect ½ -point Fed hike; markets brace for impact
      704 21 Economists expect -point Fed hike; markets brace for impact REACTION TO US ECONOMIC DATA Rise in employment cost index of 1.4% worse than expected; European shares reverse early gains Reuters, Bloomberg [NEW YORK] US economists raised their expectations of interest rate hikes and world markets braced for a knock-on impact
      Reuters,; Bloomberg  -  704 words
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      Lock icon What they said
      315 21 "ECI paves the way for more aggressive Fed action. It opens up a serious consideration for 50 basis points at the May meeting. I don't look for a knee-jerk reaction interim move, I don't think they need to be as reactive as that, but... this opens up
      315 words
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      248 21 ipmfn fwSniiw. In January 1999, ©Home bought eXcite for $6.7 billion, the Jpfnpjn .L same month Ford bought Volvo for $6.5 billion*. uluuU [*****! I Xliis Sliould Interest You CONNECTION I ar^—l 1 iOTi 5? A Pt\ Times The Bookshop presents' Hot Off The Press', a selection of latest bestsellers
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      7 21 Making sense of euro weakness, Pg 32
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      1087 22 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Eul MBChnOIOQIBS Gul Technologies Singapore Ltd If*-' HtHwtiOi IHn** NOTICE OF ANNUAL GENERAL MEETING Noticc is hcrcwill given that the Eleventh Annual General Meeting of Gul Technologies Singapore l.ttl will be held at the Boardroom, 30 Robinson Road #12-01,
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      460 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EAGLE CAPITAL (ASIA) PTE LTD (In Member*' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308( 1) of the Companies Act, Cap. 50. that a Final General Meeting of the abovenamed Company will be held
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      362 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SAN ESU SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308( 1) of the Companies Act, Cap. 50. that a Final General Meeting of the abovenamed Company will be held
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      899 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CEREBOS (SINGAPORE) PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(2Kb)) At an Extraordinary General Meeting ol the Company held at 1 Kim Seng Promenade #11 -01/06 Great World
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      716 22 NOTICE IS HEREBY GIVEN that I, YEO CiEOK HONG of 12 Hougang St 92 #1002 Regentville Singapore *****8, have applied for a Wholesale Liquor Licence in respect of M/s Ftxxl Resources Pte Ltd located at 24 Scnoko Way, Singapore *****6, and that this application will be considered by the Liquors
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      17 22 your cue! Your weekly guide te pubs and lounges every Friday in The New Paper Fastads fastads
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      766 22 NOTICE IS HEREBY GIVEN that I, HOYEZ PHIUPPE of 28 Jalan Novena Utara Singapore *****0, have applied for a Public House, First Class Licence in respect of M/s L'Angelus Pte Ltd located at 28 Tanjong Pa gar Road, Singapore *****9, and that this application will be considered by the Liquors
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      1650 23 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 3 > E JlJl Tuan Sing Holdings Limited Notice is hereby given that the Thirtieth Annual General Meeting of luan Sing Holdings Limited will be held at the Boardroom, 30 Robinson Road, #12-01, Robinson lowers, Singapore *****6 on
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      1167 23 IN THE MATTER OF COMPANIES ACT (CAP 50) AND IN THE MATTER OF TIMBCO HOLDING PTE I.TD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Scction 308< I) of the Companies Act Cap SO that the Final General Meeting of the abovenamed Company will be held at 137
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      1058 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF RIVERWOOD TRADING PRIVATE LIMITED {Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held on 24 Apnl 2000 at 156 Cecil Street #07-05 Far
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      2807 24 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 r OST fan Scotiabank THE BANK OF NOVA SCOTIA M 9uoted n canod«n ddk™ Mmi (Incorporated in Canada with Limited Liability) except per share amounts CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT Of INCOME As at October 31 For tft*
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      3173 25 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 NOTICE IS HEREBY GIVEN that I, NEE LAY HONG of Blk 404 Fajar Rd *12-261 Singapore *****4, have applied for a Ist Class (Extended) Licence in respect of M/s Front Page 2000 Pte Ltd located at 18 Mohamed
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  • FINANCE & commodities
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      Lock icon May futures come to the fore in active trade
      197 26  -  SGZ Derivatives Tntiin&Reports MS& Singapore Index Edward Cheung, Jardine Fleming THE Singapore stockmarket surged ahead on gains in electronics stocks as it shrugged off an overnight drop in the US markets. The Straits Times Index yesterday closed up 42.92 points or
      197 words
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      Lock icon Futures for April delivery rise by 2%
      296 26  -  MSCI Taiwan fixtures Chan Yet San Refco Singapore THE Taiwan stock market was mixed yesterday as investors stayed away looking for a clear direction. The Taiwan Stock Exchange Weighted Price Index (Taiex) ended up just 5.99 points or 0.07 per cent to close
      296 words
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      Lock icon Oil up on demand rise hopes
      210 26 ENERGY REPORT Bloomberg [NEW YORK] Crude oil yesterday rebounded from a twoday, 5 per cent drop as refiners and speculators bought contracts in expectations of rising US gasoline demand as the weather gets warmer. Industry and government reports showing unexpectedly large gains in oil
      Bloomberg  -  210 words
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      Lock icon CURRENCY REPORT
      357 26 Reuters London THE euro fell to record lows against the US dollar despite a 25 basis point rate hike by the European Central Bank (ECB) early yesterday as the markets had already discounted the tightening. The euro shed more than 0.5 of a US cent in the wake
      Reuters  -  357 words
    • Article, Illustration
      Lock icon Untitled
      1244 26 ntTERBAMK CROSS RATES Apr27 AS C$ Eiro Ffr Oni HK$ Iwd Ks Kupiah Yon Won ttU H2S Pafc fr Nso S$ land Sir ITO lafct Hmt USS Australia 0.870 4.893 0.641 4.203 1.253 4.591 25.731 46.769 0.624 6348 2.240 1209 30.560 24.345 1006 4.017 1007 18.050 22.453 0.375 0.589 Canada
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      1886 26 81C0M FUTURES Apr 27 RIMER (tares dost* at at SJOpa) RSS 1 CONTRACTS caatsAe) Close VotaM Open Mont* Wfk Low Sett (towwi) Interest May 00 THJ.75 Jm 00 ***** 300 M 00 123.50 300 Aftj 00 125.50 300 RSS 3 CONTRACT (US cants/*) VotaM Open Mont* Willi low Stt (ton—i)
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  • STOCKS east asia
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      Lock icon Hang Seng falls as investors await US data
      2862 27 HONGKONG AFP n Hang Seng -3152 HONGKONG share prices closed 0.2 per cent lower in lacklustre trade yesterday amid worries over direction of US interest rates, dealers said. "Trading is boring as investors are staying on the sidelines", awaiting latest US GDP
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      Lock icon CHINA
      1028 27 Reuters fl Shenzhen B Index -0.43 CHINA'S hard currency B shares closed slightly lower in thin trade yesterday as retail investors sold ahead of a long holiday next week, wary of what might come after it. Shenzhen's B Index fell 0.43 of a point or 0.48 per cent to
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,028 words
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      Lock icon TAIPEI
      366 27 AFP □WP Index +5.99 TAIWAN share prices closed up 0.1 per cent yesterday with buying by government funds helping to stabilise prices after a 4.3 per cent tumble in the previous session, dealers said. "Government funds stepped in to prop up the prices," said Terry Liu of KG Securities
      AFP  -  366 words
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      Lock icon Tokyo investors stay on sidelines
      2015 27 TOKTO AFP Qlfikkei 225 -***** SHARE prices in Tokyo fell 0.6 per cent yesterday with investors reluctant to buy ahead of the release of key US economic data and earnings results by major Japanese firms, brokers said. The key Nikkei 225 Index lost 115.14 points
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      67 28 5 successful years pig in Singapore aL Jts S& J ffe- W? 9t -Wis ■k 7 Ml J&/ wKSfc y9m^rWtfSSSih' i? ?3®Lf frir-iu. When you 're 5, rapidly growing and part of largest insurance group i *r AVA /M\ LIFE fc AXA Life Insurance Singapore Pte Ltd 150 Cecil Street
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  • STOCKS klse
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      8819 29 INDUSTRIALS CoflsiMiwr products 2000 Last Vol Day Net Cap HM» Low Company Salo OOP Hlqh Low P/t Smll 420 310 A|inomoto 368 23J 149.2 158 91 Anqkasa 96 3 69 98 941 141.6 670 290 Apollo Food Hlq 520 15 23 520 498 12.4 208.0 3025 2700 BAT 50C 3000
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      Lock icon KLCI up on selective blue-chip buying
      432 29 AFX-Asia Q Composite Index +&25 SHARE prices closed mixed in thin trade yesterday with selective buying in blue chips offsetting negative market sentiment from Wall Street's losses, dealers said. The KLSE Composite Index closed up 5.25 points or 0.58 per cent at 904.25, off
      AFX-Asia  -  432 words
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  • SGX clob & regional stocks
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      3217 30 BOMPS WARRANTS Apr27 K Ms M (xftnr U-ftak Last Ml tn MM ><1 Cot bar Mm MM Lm Mm C«pn| MM «ar C888I «0 Ua M> Mm MilMk Mm <*» *llili»T lalt 80 17 t 3164 Ackm ******4 If LS Ml I* IM N If N 41.0 I 300 M7
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      Lock icon BANGKOK
      789 30 AFP n SET Index -L 2 THAI stocks slipped 0.3 per cent as investors stayed out of the market ahead of the release of US GDP figures and today's central bank economic data, dealers said. The Stock Exchange of Thailand (SET) Index closed down 1.2 points at 393.36, while
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      Lock icon MANILA
      296 30 AFP Q Composite Index -19*30 THE Philippine Stock Exchange Composite Index closed down 19.30 points or 1.2 per cent at 1,620.53 on higher turnover. Turnover rose to 6.7 billion shares worth 950.46 million pesos from 1.68 billion shares valued at 903.8 million pesos a day earlier. AFP A»r27 N«
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      Lock icon JAKARTA
      702 30 AFP P Composite Index -2.46 INDONESIAN share prices closed 0.5 per cent lower yesterday amid concerns over the political situation following the latest Cabinet shake-up, dealers said. The Jakarta Stock Exchange Composite Index closed down 2.46 points at 521.62. A dealer at a local brokerage said the market needed
      AFP  -  702 words
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      Lock icon WELLINGTON
      278 30 AFP □IBSE-40 -10J NEW Zealand's share prices softened yesterday after another day of directionless trading. The benchmark NZSE-40 Capital Index closed down 10.9 points or 0.5 per cent at 2,005.91 on turnover of NZ$B4 million. The overall tone was mixed.—AFP *g it ia roo» Advantaga HDS .3.56 -0.15 58
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      Lock icon SYDNEY
      566 30 AFP PAnOrfaMiM -IL4 THE All Ordinaries Index finished 11.4 points lower at 3,073.1, while the ASX2OO Index was 11 points down at 3,106.3. The All Resources Index fell 5.5 points to 1,194.9 points while the All Industrials Index slipped 19.2 points to 5,413.8. Volume of 442.3 million shares traded
      AFP  -  566 words
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      Lock icon SEOUL
      311 30 AFP P Composite Index -2L16 THE Korea Stock Exchange Composite Index closed down 21.16 points at 692.07. Volume was 222.2 million shares worth 2.6 trillion won. AFP «#r27 AiwnSonw -K500 -600 B r a I n T#ch __H20 -70 Control Bonk WO -50 ChoUComm *****0 5500 Dm Cu Bank
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      66 30 t HOME tN ON HCWsir I I *—i investment pokitouo I| Nnwune n mUne Umi,ed I IPO. Shares. Bonds. Stocks. Annual Reports. I ♦♦7,500.000 Sham J L I Whatever you're offering, we help you reach out II I to 86.7% of all adults In Slnqapore dally. II i «s* •rr~~;
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  • Article
    Lock icon STOCKS sgx
    8172 31 SGXMADfBOARD Transaction date: Apr 27 Or Or M ft 52-Wfc L«( V«4 Dty Loot Ouoto Dtv Dtv YM Ci» L— «tw ciipny «H COOOI WH> L— lnnr 8a8ar CV PH MUITHNOUSTVY 182 93.5 me WOO AcmaSOc 129 cd HI 129 126 129 130 5 41 1.9 16.1 1"
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  • FOCUS euro
    • Article, Illustration
      Lock icon Making sense of euro weakness
      1156 32  -  Faster economic growth has given governments a chance to tackle the causes of the euro's decline, writes MARTIN WOLF MARTIN WOLF FT Um GOLDEN opportuni/m ty achieve t substantial reductions in the level i of unemployment throughout the euro area and to revitalise the economy
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      350 32 C Europe is entering an exciting new era These changes have put Europe well Henderson Investors is a leading the Year 1999 for best performance over of change and offers attractive potential and truly on the investment map and global fund manager with more than 3 years for the European
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Dispensing health in the workplace
      1414 33  -  COVER STORY Aaron lye finds out what companies are doing to improve the well-being of their employees AARON LYE PALLING ill the bane of our fragile human existence. Who among us can say that they enjoy succumbing to any of the numerous common ailments that
      SIEW YAW HOONG  -  1,414 words
    • PERSPECTIVE
      • Article
        Lock icon Creative solutions to the population problem
        741 34  -  QFFrrrrTTTn It's not easy getting couples who don't want children to change their minds, bnt surely there are other ways of tackling the great Singaporean replacement race jaime ee OH BOY. Mothers and mothers-in-law rejoice after years of nagging your children to get into
        741 words
      • STRAWS In The Wind
        • Article
          Lock icon About that cough of yours...
          87 34 A REPORTER, hit by the flu bug, was coughing violently during an interview. Looking visibly concerned, the newsmaker asked: "Do you want a drink?" "Er, no thanks, it's just a tickle in the throat." "How about a mint?" he asked. "It's OK, really." Before she
          87 words
        • Article
          Lock icon Would Erin Brockovich do this?
          42 34 HEARD on the radio a secretary called in to tell the deejay that she used to hide under her table at lunch time because she didn't want her boss to send her out to buy him food.
          42 words
        • Article
          Lock icon Incompetent, stupid and plain hopeless
          89 34 GREAT lines from job evaluations: I would not allow this employee to breed. Works well when under constant supervision and cornered like a rat in a trap. When she opens her mouth, it seems it is only to change whichever foot was previously there. He
          89 words
    • RETAIL
      • Article, Illustration
        Lock icon BIGGER than before
        738 35  -  Actus is back in a new location which, at 30,000 sq ft, is more than double the size of its old premises. CORINNE KERK finds out what's being put into the extra space CORINNE KERK THERE'S something different about the new Actus Furnishing store. In fact, it
        ALL PHOTOS, EXCEPT FOR BED, BY ARTHUR LEE  -  738 words
    • PURSUITS
      • Article, Illustration
        Lock icon Getting up to tricks
        786 35  -  Wakeboarding it's all the rage among water sports enthusiasts in Singapore. Here's how yon can join in the action By Chen Huifen HIS right hand holding tight onto the ski rope pulling him across the water, Roger Koa tosses his body up while riding on a
        786 words
      • Article
        Lock icon WHERE TO TAKE UP THE SPORT
        83 35 Source: Wakeboard Cowitoiwf Ski Contra Kallang Riverside Park No K) Stadium Lane, Singapore *****4 Tel: 344-8813 Fax:346-1780 MttWlt Hydrosports Elias Road, Pasir Ris Beach Park Car Park E, Singapore *****0 Tel: 581-3637 Fax: 545-8528 Punogol Marina Water-Ski Wakoboard Contra Punggol Marina 600, Punggol 17th
        Source: Wakeboard  -  83 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Taking on the big boys
        689 36  -  CINEMA If anyone can, then it's the larger-than-life Erin Brockovich, who is a bit of a miracle worker to boot By Parvathi Nayar JULIA Roberts has been widely touted as about the only female star who can open a film on her own strength, without
        689 words
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      Lock icon CINEMA
      737 37 All About My Mother. Oscar-winning Pedro Almodovar film about losing a loved one, and moving on. And about men who get fitted with breasts. R(A). Cathay. American Beauty. Screwy look at American suburban life which won five Oscars, including Best Picture. R(A). Suntec, Balestier, Eastshore, Beach Road. Angela's Ashes.
      737 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      112 37 Cathay Org Cathay 338-3400 Eastshore346-ffl/6 Orchard 235-6366 Picturehouse 338-3400 Yangtze 223-7529 lug Wall Empress 777-6867 Jubilee 464-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Qoldsn Village 1900-912-1234 332-6098 for group bookings A wheelchair facilities Bishan Boon Lay Marina TampinesB Tiong Bahru Yishun Clementi/CoVwalth 777-0669 Golden/New Town 298-5486 KCtom
      112 words
    • MOTORING
      • Article, Illustration
        Lock icon From chequered PAST to chequered FLAG
        398 38  -  By Christopher Tan LOTUS is on a roll, of sorts. Just three years after its cute but lethal Elise hit the roads, the UK-based, Malaysianowned company is unveiling concepts for new models. Which isn't anything to shout about. Carmakers come up with concepts all
        398 words
      • Article, Illustration
        Lock icon BLAST from the PAST
        1277 38  -  Lotus Esprit Christopher Tlx drives the Lotus Esprit VB-GT, a car that packs more mojo than Austin Powers CHRISTOPHER TAN THE WORLD got its first glimpse of the Lotus Esprit when the Cold War was still on. It was in 1977, when James Bond—played by Roger
        1,277 words
    • EPICURE
      • Article, Illustration
        Lock icon Rang Mahal reborn
        911 39  -  The well-known North Indian restaurant at the Imperial Hotel has reopened its doors at the Pan Pacific and, says tan so ten, it's better than ever TAN SU YEN SOUTH Indian food uses a lot of spices but it is fiery hot and pungent. With North Indian
        911 words
      • Article
        Lock icon A toast to the new sensibility
        949 39  -  WINE CONNOISSEUR Welcome to the new wine culture where roles are no longer so strictly adhered to, and flexibility and personal preferences are the buzzwords to drink by By N K Yong JUST as we now have a "new economy", we seem to be
        949 words
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      183 33 Retail Actus: bigger than before EL 3 Rang Mahal: 'N 1 1 return of I 1 a North Indian Mr Bl T'jm m 1 EL 7 ET Cars Lotus super from the EL 6 v <£771 m. 1 s NEW SEASON m i Spring 0 Jl f jL 3»W|k Enchanting
      183 words
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      170 34 THE SINGAPORE: LYRIC OPERA THE SINGAPORE LYRIC OPERA 7H C SINGAPORE LYRIC OPERA 2 O P Production «j 1 Sigmund Romberg E 2 3 g The Greatest American Operetta of the *****... S Made famous by the voice of Mario Lanza in the movie of the *****... uj Sow experience
      170 words
  • Page 34 Miscellaneous
    • Miscellaneous
      Lock icon Page 34 Miscellaneous Column 1
      347 34 CRYPTIC CROSSWORD 4 Acceptance of notice before Hi election 9 Easter is one, Christmas an- 9 j i 10 Feelings shown by people put ~H |H flfl into some distress (8) K__Ji^ 12 Squirrel's home moved back 12 j 13 Fish vessel reaches New York HOA |H 14 Fancy it
      347 words
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      664 36 Where to wine, dine and @»asasft- AWARD "MM Mmgl DINNEft 6.30pm 10.30pm PnCTjuigecnDlO% service charge and p» i Jim government *>«— 76 Bnu Baiah Road, Singapore *****8 Tel: 336-0333 Fax; 339-6866 Web-iite: http://www.carlton.coai.tg E-mail: Restauranu9Carlton.com.ig 218 Queen Street, Singapore *****9 VKBV Tel: *****22 Fax: (65) *****33 Website: http://webpfo.com.au/oxford/ "1212" LUHC4I
      664 words
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      Lock icon Page 36 Advertisements Column 2
      143 36 WEEK 24-28 April 2000 fashion show featuring top male and female Australian models I i Mandarin Ballroom 6th floor, South Tower 12 pm -2.00 pm (daily) $46 nett per person $36 nett per person (Mandarin Dine-mcv Diners Card holders) Reservations: 831-6288 .Httntitinn |fj| SmMytore SSSJES Hi Orchard Road Singapore *****7
      143 words
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  • Page 37 Miscellaneous
    • Miscellaneous
      Lock icon Page 37 Miscellaneous Column 1
      2435 37 TODAY'S TV RECOMMENDED VIEWING J®J* tral 1-30 This' 9.00 Kids Central: The Big 200 News Day It runs in ofthe US naval base in #J o PolflSshorts. I Sto 1 UllO 111 Subic Bay. Wolfgang 10.00 Dog And Duck/ Scoop 4.00 News Day the family Bodison sees his 10J0 e
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      108 38 HMBr^ ~r. r Vftinkiftugusta. Txpenence Spring City. "**r T^: ..Now voted among the world's best. w PHI -tt'waWSLl-'«£*'' i.? -if* iv Hlfli ■unfe; P -3 J < tJ BBPPIiPPiPHJI lh^> J ffe J^. iBiI^WBHHBBBBBHBBBBBBWWWWHBKWIBPWBBBPPWrf^^^BHBWro^ J '^t- v^-^^^i^^^^ If-sr < r '*l c I h c C li anipion s li
      108 words
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      137 39 < i£"" j* f i y >. J >•" "i fc^."-' v*s |fc M^&%\ %s|ife I '-Vv > V,;' v;v f f H•■ •";•>* |k I < I*s &'-<■*£& 3 ;p|#. ''■&ss&£ r/.&£%» i'tiLHt 7 ..v' V fc, v -.7*7 i '%>*. >''■■■ >1 %v ij w. j. •> <*•
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Pricing for profit
      1423 42  -  SIOW LI SEN ALTHOUGH it should have been no surprise, it hit like a bolt of lightning when DBS Bank announced this week that the "freebie" days associated with POSBank will soon be over. DBS, from June 1 will charge customers monthly fees ranging from $2 to
      1,423 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Down to earth
        926 40  -  YOURll.t.m'l The risk of a Nasdaq Implosion remains hlgb, although a Black Monday is unlikely. But the faint-hearted should steer clear fong cheng hong The writer is DBS Bank's managing director and head of market research for treasury and markets. WHILE we can't say for sure how
        926 words
      • Article
        Lock icon From hidden costs to hidden value
        832 40 STOCK If! EEI Sunright Sunright, the world's largest Independent provider of burn-in and test services for semiconductor manufacturers, has suffered from the Nasdaq crash and disappointing half-time results. IDEAglobal.com thinks the company is not out of the woods yet. The US's tech-rich Nasdaq market
        832 words
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        Lock icon Insider buying continues in weak market
        824 40  -  INSIDE!, Bu Robert Halili The writer is director of Asian Ownership Research at Primark THE Singapore insider sentiment closed in semi-bullish territory with the index ending at +31.1 points this week, down slightly from the previous week's close of +49.1. Looking ahead, we expect
        Source: Primark ITA  -  824 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by curious banks (as at Apr 26, 2000)
        1329 40 Oggggjt unount 1-mth 6-mth D«po«rt imount 1-nrth 3-w» Mg DBS Bank HSBC M A 310,000 A24 999 5 3100 5 4000 5 5400 25 000 74 999 4 8875 4 8125 5 2500 A25.000-A49 999 5 3300 5
        1,329 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Safe, but no cigar
        937 41  -  SSB Citibank's new tech offering promises your money back although returns may be too vanilla for the adventurous, ojbnevxevecua checks it out GENEVIEVE CUA SSB Citi Asset Management's new capital protected feeder fund is designed to appeal to those who are itching to get their feet
        FILE PHOTO  -  937 words
      • Article
        Lock icon Make risk your friend
        713 41  -  Posh your fears aside and always have a strategy. That's the key to successful investment, says BEN FOE BEN FOK The writer is a manager (funds specialist) at Fraser Securities. He can be contacted at email: benfok@fraser.com.sg or tel. *****59 FOR over a year and a
        713 words
      • Article
        Lock icon Clarification
        65 41 In response to an article "Take your click in Executive Money on April 14, Andy Ong has written in to clarify that he is not a direct investor in the website investguru.com. The three companies behind the site are Financial Perspectives, Software Studio and the Asia Financial Planning Journal.
        65 words
      • Article, Illustration
        Lock icon And now, a tech fund with a defensive hand
        601 41  -  By Genevieve Cua YUP, you guessed it. The latest fund launch is yet another global technology theme fund. UOB Asset Management yesterday launched its new United Global Internet Fund, amid the Nasdaq's continuing slide and widespread investor jitters over just when
        PHOTOS: SIEW YAW HOONG  -  601 words
      • Article
        Lock icon UNIT TRUST SCORE BOARD
        386 41 UNTT TRUST/SECTOR (6 MONTHS: 22OCT99-21APR00) CHANGE BENCHMARK CHANGt Top 10 funds 1 Henderson Global Tech/Tech Global* 101.97 Wired Index! 63 59 2 UOB Uted Global Tech/Tech Global 57.72 Wired Index! 63.59 3 OCBC Savers India/EQ India 48.84 MSCI India 35.47 4 CMG 1st State Reg Chma/EQ
        386 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      286 43 Bridge News, Reuters THE Baltic indices continued to decline as chartering activity remained light as the Asian Golden Week celebrations neared, brokers said on Wednesday. The Baltic Dry Index (BDI) fell six points to 1,641, the Baltic Panamax Index dropped nine points to 1,512, the Baltic Handy Index
      Bridge News,; Reuters  -  286 words
    • Article
      Lock icon MARITIME STOCKS
      293 43 SOI HI v- w CWT Distribution —0.09 unch 79 ChuanHup 0-37 -0.01 513 Cosco investment—0.18 unch 16 Freight Links 0J6 0.02 315 Gfl Holdings 0.65 0.02 3 Hai Sun Hup 0.69 0.01 86 IMC Hotdtngs-HK 5.60 unch 0 Jaya Holdings 0.17 0.01 925 KeppalCorp 4.00 -0.04 1207 KappalFELS
      293 words
    • Article, Illustration
      Lock icon NOL focus on logistics business will boost bottom line
      564 43  -  Third party logistics services will fuel revenue growth, say analysts By Donald Urquhart [SINGAPORE] The Neptune Orient Lines (NOL) Group is putting its money where its mouth is, by continuing to build up its APL Logistics muscle a move analysts say
      FILE PHOTO  -  564 words
    • Article
      Lock icon Royal Caribbean unlikely to raise prices much
      493 43 More competition from rivals holding back plan for price increases this year Bloomberg [MIAMI] Royal Caribbean Cruises Ltd, the world's sec-ond-largest cruise operator, said it will not be able to increase prices later this year as much as it planned because of increased
      Bloomberg  -  493 words
    • Article
      Lock icon Cosco starts joint service to US east coast
      129 43 Reuters [SHANGHAI] China Ocean Shipping Corporation (Cosco) Container Lines has launched a weekly shipping service from Shanghai to Japan and the US east coast, state media reported. Operated jointly by Cosco, Japan's Kawasaki Kisen Kaisha Ltd and Yang Ming Lines of Taiwan,
      Reuters  -  129 words
    • DANISH seamen's church
      • Article, Illustration
        Lock icon A shepherd to the community
        920 44  -  Lutheran church's paster Eskild Petersen finds time to look after seamen and other Danes in Singapore Tine Svane Hansen The writer is a Danish expatriate in Singapore. She is working for her master's degree in communications management FOR the Danish community in Singapore, "the Ship"
        FILE PHOTO  -  920 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      310 44 PAGE CCL 4 ah L 3 ECU Line 6 Accord 8 Ahrenkiel 13 tw rew 6 Appenship 5 8 AjiaOCL 12 FrtL,nks ,3 Austral 8 GLinh 4 Gemartrans 6 Avant 13 o Genshpg 12 B,4n,MaS 8 Gk*a. 12 BSA 7 BTL 13 G^N4V 0 Balaji Shpg 5
      310 words
    • Article
      Lock icon SHIPPING GUIDE
      19301 51 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number n/05 10/06 CCNI P&O NLL ARICA U08E 65 *****33 To ABIDJAN (ABJ) 2003 Cote D'lvoire */05 20/06 nyk iyo own 65
      19,301 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        704 56 Vessel Voy No 8*rth Arrival Departure Vonq An I V001 Jmm 27/04/4:30 28/04/640 K C«mnt2 07/200 JOB 27/04/7:55 30/04/6.00 Marco Poto 3 Prw006 M 27/04/6:05 28/04/100 Cast Lifter PV256 J15 27/04/7:40 28/04/5.40 Bt Bt Jaya ***** J01 27/04/1040 27/04/16.40 C Express *****0 J12 27/04/8:45 27/04/17:00 Bt Kota Jay2
        704 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1869 56 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CAR60 Booking/Bounce Rstls Ship Voy No Etb/Btr Period From To From A»u DHABI C063W JO/13 AO U 27/1500 27£659 21 HMO 27/1500 27/1699 27/1900 2A 27/1700 21/0659 29/0900 21 27/1700 21/0659 26/0900 21/0700 2I/TIJ9 26/1400 4 26/1200 26/1459 26/1700 Mtnora iuom
        1,869 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        181 56 Mayl France: Labour Day. Germany: Labour Day. United Kingdom: May Bank Holiday. Hong Kong: Labour Day. Malaysia: Labour Day. Philippines: Labour Day. Singapore: Labour Day. Taiwan: Labour Day. May 6 Thailand: Coronation Day. May 11 Hong Kong: Buddha's Birthday. May 15 Thailand: Royal Ploughing Ceremony. May 17 Thailand:
        181 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        797 56 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 mar ket. Prices shown are based on averagesized stem. Market movements are indi cated The Cockett Bunker Price Index change and
        797 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        502 56 Carton WO*« 991-2 0.6 15.4 0.09 90 0.05 tmr m DmmKv Water Residue Asb Aluminium Sediment No abow E25 2 0 1 £-2 2222 212 380 A* 986.9 02 U.4 0.07 38 0.03 380 Max 991.4 0.9 17.9 0.09 72 0.06 iyri »/v %tt/u mi mm*
        502 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Swissair parent gains control of Sabena
        410 57 Belgian govt cats stake in Sabena to 15% in return for 3.3% stake in SAirGronp AP [BRUSSELS] SAirGroup, the Swissair parent, on Wednesday raised its stake in Sabena to 85 per cent from 49.5 per cent, replacing the Belgian government as the majority shareholder
        AP  -  410 words
      • Article, Illustration
        Lock icon India's Tata interested in buying Rover
        184 57 AFX-Asia [LONDON] Bayerische Motoren Werke AG plans to build at least 200,000 cars a year, including BMW branded models, at Rover's Oxford plant, which it intends to retain following its sale of the UK car group, the Financial Times reported yesterday, citing BMW officials.
        AFX-Asia; REUTERS  -  184 words
      • Article, Illustration
        Lock icon Japan's domestic vehicle output up
        276 57 March production the second consecutive monthly increase Bloomberg [TOKYO] Japanese automakers increased domestic vehicle production 0.5 per cent on year in March, the second consecutive monthly increase, the Japan Automobile Manufacturers Association said yesterday. For the year ended March, Japan's 11 automakers built 9,932,333 units
        Bloomberg; FILE PHOTO  -  276 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2033 57 CITY FLIGHT ETA FUGHT ETO AlilaWl AN8230 1850 AM8229 2230 Futaota SOS89 1740 $0990 0110 LH6381 1850 LH6380 2230 Guangzhou S0803 1910 C23S2 0910 S0230 1850 $0229 2230 C23S1 2045 S0804 1020 Amsterdam $023 0645 M.0844 0040 Hanoi VKS0741 1310 VNS0742 0905 GA975 1035 K***** 2255
        2,033 words
      • Article
        Lock icon Unruly behaviour on board aircraft on the rise: SIA
        516 58 CONFERENCE ON AVIATION SECURITY Need for more laws to deal with problem of disorderly passengers, says Singapore carrier AFP [SINGAPORE] Singapore Airlines (SIA) has seen a rise in cases of unacceptable behaviour among passengers in its aircraft, an official said yesterday,
        AFP  -  516 words
      • Article, Illustration
        Lock icon Air traffic control wizardry
        55 58 [BEIJING] Giovanni Tardani, of Italy's Alenia Marconi Systems, demonstrates an open display air traffic control system to officials from the Civil Aviation Administration of China (CAAC) at an international air traffic control technology exhibition in Beijing. The Italian company was one of 35foreign and local companies
        AP  -  55 words
      • Article
        Lock icon China airlines to cut domestic fares
        407 58 Bering takes measures to end price war Bloomberg [SHANGHAI] China will tell its airlines to cut airfares on some domestic routes and set new rules for discounts on ticket price in an effort to end a price war, the State Development Planning Commission said.
        Bloomberg  -  407 words
      • Article
        Lock icon Independent body to probe Philippines' worst air disaster
        205 58 Relatives of victims do not trust govt office to handle investigation AFP [MANILA] Philippine President Joseph Estrada is to set up an independent body to probe last week's Air Philippines crash, which killed 131 people, an official said yesterday. The government Air
        AFP  -  205 words
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      61 43 SINGAPORE EAST COAST OF SOUTH AMERICA GENERAL RATE RESTORATION Effective Ist June 2000, the under-mentioned participating Lines will implement a Rate Restoration of US$2OO/TEU on shipments Ex. Singapore to East Coast of South America. Participating Lines: COSCO Mitsui OSK Lines Ltd CSAV Norsul Line Evergreen NYK Line "K" Line P&O
      61 words
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      Lock icon Page 43 Advertisements Column 2
      177 43 jHJb^ JR STAIRWAY TO HEAVEN Trudging up gangways and steep ladders is part and parcel of daily life for Eskild Petersen. The Christian pastor is a friend and counsellor to Danish seafarers calling daily at the Port of Singapore. He is also at hand to minister to the large Danish
      177 words
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      1171 44 I NORTH AMERICA I I EXPORT I 1 OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) «ssa VOT (TASOt (IDSK LONGKAOt DAUAS HOUSTON OOCAGO KWTOM MOOCOOTT VKSa VOT Ml PT.OUTm! ACAJUTU 5j IQOBCO COMITO PT CAIOBA OMBIAVWIWA 5S QWC OOdOMTAM
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      Lock icon Page 44 Advertisements Column 2
      89 44 SANKYU (S) PTE LTD "MK' 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hong Kong A All Ctlkw Port* (EVERY THUR a. «uw vessel voy no sin ha no eta koi ha yok nujgo ha osa MED TAICHUWG V.*****
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      722 44 Lines services represented by Members of tbe Regislry of Members of the Accredited Shioo.no Agents. Singapore Logistics Singapore Shipping Association Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIX PROJECT CARGO TO DAMMER/FREMANTU MV "ARKTIS MISTRAL" V.OOOl ETA SIN 30/04/2000 BOOKINGS CALL MOMCA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO ran KUMG/SmGAKXE/JAJUUtTA
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      1209 45 TO EUROPE FROM EUROPE Ivcsa yqy 1 sw rtm aj« ham wrv sob bt tai I[vesse voy 1 rtm anr ham rrv sou fit jw awl HY COMMODORE 325W 27/04 JO/OS 17/05 1 l/OS IS/OS THAMES S6OE 1/04 S/04 6/04 3/04 27/04 KMC S33W 28/04 14/05 16/05 If/OS 20/05 HYIMfBOR
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      1651 45 ®HANJIN SHIPPING iikFl itfeMyilJ* -MB *****30 HAMJM SHIPPING (S) PTHTP hup I— MMBt *****3S 737 SAIiS *****74 731 DOCUMHT *****/1 774 OftmKM *****50 2SI mm tfltt *****5S fU *****4S (HO lISWWMMM TO NW USA A CANADA USA CANADA* HHVtt/VOT I MM I SM UMHAU/VOT SEA fiw DM PM OR is?
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      434 45 yran VOT SM WG vor SM Htt Kfl USR MS pSS£L^|wTTs!I^K^VBSfL|Wmi^HIH IMTCWNUI OOtS n/W OS/05 07/05 W/OS 10/05 107/05 1 W/05 I*Q I Oisl I3os 1 SflH IQIO 03M »/M 03/05 05/05 KMTCHOWCKOM6 WS W4S OVM Q7/K (mSOVU I 37S I ?l/05 1 72/05 wall *****1 w/pj 1 vj/vj MASOWA
      434 words
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      1512 46 MR-SENATOR LINES I TO UK/CONTINENT TO MEDfIIIKRANEANCANADA «SStt VOY "sT" LIH HTM OMB HAM WV RJt Vtmt VQT *M MT SK FOt W.C WW PUSAM SENATOR NI3W »04 12 H 14 N 15 N lIN 17 08 1105 SHANGHAI KNATOfI OCMW TIM 14 IB 1115 lIN It 05 77 N
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      778 46 AM MAC-HELS S'MHE M'SIA Carriir MN CONTVt LINES, INC p guoang: (07) *****26 J S®U: (064)*****9 MAMLA: (632) *****24 I]Xy1 ]Xy V PENANG: (04) *****38 BANGKOK; (662) *****57 SURABAYA: (31) *****11 P. KELAHQ: (03) *****77 JKT: (21) *****45 KUCHWG (062) *****1-3 MANILA MOJI/HAKATA MV "SIGRID WEHR" V.*****N MV "WAN HAI
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      713 46 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS MUIUNO MUMSMCOLONMO ALSO ACCEPTING TO AU NORTHERN ANO WESTERN 1.C.0 POMTS Vessel SPORE N SNEWA COLOMBO PttANS CAPE CANAVERAL V 122W 30 APR OS MAY 13 MAT 10 MAY TULSIOAS V 124 17 MAY 11 MAY 21 MAY 2* MAY CAPE CREUS VIMW
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      1874 47 IVKStI VOY HK6 KHH I SIM I HO. I bXI U QAM UK IRAN SATTARI PCL-152 28/04 24/04 02/05 03/05 13/05 14/05 16/05 18/05 IRAN BAAKERI PCL-153 05/05 03/05 09/05 10/05 20/05 21/05 23/05 25/05 IRAN HESABI PCL-154 12/05 14/05 19/05 20/05 28/05 29/05 31/05 02/06 IRAN SHAHRYAR PCL-155 19/05
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      1330 47 NEW SERVICE 1 Or DIRECT TO COLOMBO I 111 5 DATS I mrr wiwismt J I GENERAL AGENTS IN SINGAPORE 80 ROIINSON RD TIL 226 1900 FAX: *****08 OUTWARD (1/1) COSTAR SHIPPING PTE LTD #12-00 SAIES/IKGS *****57/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CRNO: **********0 M
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      1229 47 EUROPE EXPRESS SERVICE EXPORT IMPORT YBStL VOT .SN l£H 101 AM HAM »HV FIJI VfSSU VQ! RTM HAM FU Lfit y* HJPOTTUIC 037* 02/05 19. OS 21, 05 22 05 23. 05 24 05 25/05 HJ AMSTERDAM 033E 06/04 OS/04 11 04 12/04 30 /04 HJ OSAKA 053 V* !09/05
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      1494 48 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SiRVKES EXPORT IMPORT nmofwcm 2MH jlos R:5.: /os \m >/os (SbSi R; S :55h iSS .Bw ISs I L6HHAtWM)7O B/05 2|/0S 30/QS 31/05 01/04 LttflNtßE 025 1 IJ/W I 12/04 TTj'o4 [14/04 |WO4 Ot/OS L OIAMONO IWOIT 14/051 01/0* 03/0* 0576* o*/0* 07/0* 07/0* |t IOYALKQ47 J 11/04 H/04
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      834 48 r jgsgall PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street. #03-00 PIL Budding, Singapore *****0. I CR NO ipOeO67QOOOE J I ivissa VOT Fit stp m tm m w m no $m I I WNGA TBUTAI 1 *****/4 I It/4 14/S 10/$ J4/S I mMIAHHC HI _W4 tfl f/t »>/i
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      389 48 SO TtLOK BLANGAH ROAD <02-02 OTWOm COTTRt STORE WOS2J TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W Vfssa wr Ftt FTO DBTMOTM LMAMUI HTM 01K7B00 (RttTMO PONTIANAK INABUKWA *****# 02«?000 S3«?MO PKL BALM For enquiries and bookings please contact SEASPACE SHIPPING (S) PTE LTD 133 New
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      401 49 BSA n. mm. MYANMA «BBk FIVE STAR LINE (Myomiiar Notional Line) loading for Yangon VESSEL VOY SIN PKL PIN PGU HPA-AK 247W SU> SAGAING MW SID MALAYSIA AGENTS: 80USTEAD SHIffIMG AGCNCIES KUL Ttl (03)*****00 PKL TU (03)376*101 PEN: m (04)2****** PGU: TU (07) *****21/4 BANK LINE (A service of Andrew
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      1323 49 HMNE* HYUNDA^AERCHAN^JAARINECOj^^D^^^^^^ I vtssa VOY s» sou uh rib ant ham wv lißa vonr sou I ibi I rn» I a##t I hm> I atv |mlsw I RMNE S33W 21/04 19/05 20/05 14/05 l*/05 HYEMPBOR 327E 05/04 12/04 01/04 11/04 29/04 HYDUKE 324W 01/05 24/05 17/05 18/05 20/05 NOLCORAL 01*
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      618 49 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT StßVta" [VESSEI VOY RAMP HEIGHT SIN lIK I MAO I MIA SAV Ml ORE NYC MM MM TOM AHOO9 4001 m 6.3 M 29/04 25/05 02/0* 05/06 07/04 09/06 10/06 12/06 16/06 19/ M TARONGA AHOIO 400 Tow 6.3
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      778 50 r gyc u BANGKOK/MAP TA PHUT/LAEM CHABANO mm YQT si Iu» I HIT I ICH ««a_ voy MM *r_ r* xethamum- 3338 Mi SUB !Mi_ ovol 1 mm o</0S 03/05 OSZOS_ H**™ 01/05- M/CS BAWI MUM ISSN 02/05 05/05 04/05 05/0 m T BHUM 153S 07/05 07/05 I mtmii im_j2zaj
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      373 50 INDONESIA NATIONAL LINE ro AUSTRALIA I FULL CONTAINER SERVICE fa vot m m m m stc m m> IASUUI M (Ml B/M #4/05 10/05 IJ/IS IS/H OB ■BMC "ST OMT Sl/K IJ/tJ 14/05 H/05 ii/« miyorr «T B/osw/os n/ts »/w n/«s b/os amuu> nT is/» u/w »/«a/os m/n FEEDER SERVICE
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      574 50 VESSELS VOY aN PKL JED MLA LEH RTM HAM ZEE SOT VILLEDE TANYA T37W 01/06 02/06 11/06 15/06 21/06 22/ Ob 24/06 28*06 28/06 VILLE DE TAURUS A37W 08/06 08/06 17/06 22/06 27/06 29/06 30/06 01/06 0106 VHJ-E b AflUAftlUS ~USNr~ 15/06 16/06 SS6 M/ 06 04/06 06/06 ~Q7/06 "5556
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      73 53 200 Southpoint Project Cargo .Container Singapore *****3 Heavy-lift Services to: Regular Break-Bulk Project-Service US-Gulf East-Coast (Houston, New Orleans, Savannah, Camden, Baltimore) Europe Med (Alexandria, Savona, Rotterdam, Antwerp, Hamburg, UK) Interasia (Haiphong, Hong Kong, Shanghai, Dalian, Xingang) Loading: Singapore, Port Kelang, Jakarta, Sri Racha Additional ports enroute on inducement. Heavy-Lift capability
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      95 53 DIRECT CALLING New Weekly UIKtUI LALLinu Express Service to SIN/HUANGPU, XIAMEN, P SHEKOU, HUANGPU, OAKLAND XIAMEN, SHEKOU/SIN See Page 5 Daily Page 3 COSTAR SHIPPING PTE LTD NORASIA LINE EASTRANS LINES (S) PTE LTD &*eni Singapore Pte Ltd BOMBAY/ Providing You With More NEW DELHI Than 90 Direct Ports of
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      44 53 SHIPPING* WAREHOUSING |«tMi: Singapore Lvuadmg Dank Man to Sal (BATAMINIX) l/TU I .•Vvepdng KlA'onventiunal/Ptujeict/Heavy Ijft Carpi Reefer Grtsuncr liatM: Smgaprc Uiatkng Man. Wed &Hn (BATAMINDOD) Aarpong HClXVßivirtiomWVajoa Heavy Lift Cxgo T«fc 227 0322 Fm; 222 9330 l.liinli <i SUpftef t Wmikiw,lm t Ptt ltd
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      1008 54 SAMUDERA SHIPPING LINE LTD I 72 Anton In< *06-01 I* 03, Sinfnpnrn *****1 MAIN UNf/OUTWAID: 532 36U INW/UtO (MO): 437 23M IMPOtT STATUS (WDh 437 2370 INVINTOtY (MOh 437 2420 W*fcsiU hHp://www.MMM4Ura.(oni Ct NO. **********0 D BOOKINGS LINE: 535 6266 (Celio/Jcssico/Mei Chqn/J«»>ynn/Dorq/Honim) QJQHHHHI 8 SIGS/WEEKLY IN'UHf'l* SiGS/WKKLY vissa <ot I
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      948 54 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWO|SMIMTI tm I nw I H)6 ICMIKMIHM 1 im 1 0«f I SAV IWW 1 1 HOU~| HOtGM DUWntVA /MS* 00/05 14/05 17/05 H/05 29/05 24/05 o</0* .07/06 -51/07. 07/07 0»/07 11/07 l?/07 H/07_ hoksh mmi /0554 21/05 03/Qt ttToTIMT 18/00 13/06.J1/M--2i/BZ-27W
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      684 54 ENG LEI SHIPPING CO PTE LTD lefid 5J1087S I* IM toSUMM/SIKM I C« I VESSEL VOY SIM HA SIN ETB MSTMATKM OwOcyo S/00 ?S/04 29/04 Dim Ganlc !l 3/00 78/04 79/04 Jakonc Umoa Star 32 3/00 79/04 30/04 ttanc Unon Slot 20 4/00 29/04 30/04 ttulc Smoi Central 4/00 29/04
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      498 55 I" VESSEL VOY SIN MAA SIN I TIGER STAR 794N 28-29/04 04-07/05 12 13/05 I TIGER RHYTHM 795N 02-03/05 08 11/05 16-17/05 I TIGER BRIDGE 796N 05-06,05 11-14/05 19-2005 I TIGER METRO 797N 0910/05 15-18/05 23-2405 I TIGER STAR 798N 12-13/05 18-21/05 26-27/05 I TIGER RHYTHM 799N 16-17/05 22 25m
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      908 55 FREIGHT LINKS EXPRESS I Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO SAN JUAN, PUERTO RICO SANTOS -PIREAUS RIO DE JANEIRO VALPARAISO -NEW DELHI (Patparganj) DUBUN ALEXANDRIA BANGALORE •LA HAVANA (HAVANA) IZMIR COCHIN SANTO DOMINGO ISTANBUL BUENOS AIRES FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO James Leong *****98
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      59 55 BlllffltlM— ¥91 0* no nixtpow ewryri AMETNTST ATOM 05/05 10/05 VMCOd/CMTTMMK 30*1 KmiA ***** 01/05 11/05 MTM6AS/MBK MY 30MT TIK 04/0512/05 MU, I. TWO* 30MT UMMOC, MWn. lINAftOUCVtUI, IMOMMMI. wwtm. uurrao, mww». mnoii, socro emu. hi till, —utw. wwwi rom mw. UM BCNQ HO SHIPPmQ 1 TKAMNG CO FTC LTD
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      1324 55 I For bookk9l cat *****90 ,/rjv Website: http://www.ood.ctM m told iea o« km ire iiou I mat ire mou m ia OOG Ilil/UN 13ESII 03/05 19/05 74/05 7S/D5 7S/D5 74/05 I OOGBHIW* J7WSI4 04/W OVD4 04/04 07/04 11/04 38/04 00<1AMEIKA43ESI4 10/05 21/05 31/05 01/D4 01/ M 31/05 H 00(LAMaKA47WSI5 11/04
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      130 56 0 FOR 7 AM 28 APR 2000JKggE ft Vol J LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Rain Temperature Wjnd direction and speed in knots Cloudy Day Weather Hazy Sea Conditions Wind speed symbols i 1 <y. 2m O Full circle w/o line indicates calm or light and variable
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      184 57 NEW CONTAINER SERVICE TO DILI EAST TIMOR Commencing from April 25th 2000, PT. Pelayaran Meratus would be offering a new regular full container service for 20' to Dili East Timor every ten days from Surabaya. This new service will enhance our position as the leading network service provider in Eastern
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      24 57 TASTE THE SWEET REWARD OF 3,000 BONUS ASIA MILES WHEN YOU JOIN NOW. AND FLY TO HONG KONG FOR ONLY $688. A Asia Mi<tt
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      90 58 TAIPEI II II 11 886 2-*****478 If II 11 HONO KONO 11 (852)2982-1890 II J With the uncertainty of doing business online. Tradiant offers a sense of security which can only come from a global organization that knows the complexities of moving containerized freight. We're creating the premier marketplace for
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