The Business Times, 4 May 2000

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Microfilm: NL21804
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P) 035/12/1999 1 Internet: htip:/'/business-times.asial .com.sg/ THURSDAY, MAY 4, 2000
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  • Article
    Lock icon MARKET SUMMARY
    67 1 □®n *****3 (-21.62) BT-SRI 797.38 (-3.14) SIMSCI FUTUBES 287J0 (-3.00) STOCK MARKET INDICES Wednesday Change KLSE COMP 904.55 +454 NIKKEI Closed HANG SENG I5J577.47 ***** SET INDEX 379.80 -5.64 JAKARTA COMP ***** +4.06 MANILA COMP _1.592.68 -13.36 TAIPEI WPI 8,420.00 -218.75 SEOUL COMP 752.76 +017 CLSA CHINA B
    67 words
  • Article
    Lock icon FINANCE
    84 1 FOREX RATES us$ ss I'SS 1.719 £(l T S$/SS per 1.564 2.688 El RO(US$/SS/E) 0.901 1.548 DM 1172 0.791 YEN 108.7 1.581 KM 3.800 0.452 HKS 7 790 0221 BAHT 38.40 0.045 RIIPIAH 7.965 0 022 'St to 100 units PRIME SATES SINGAPORE* 5 HO KUALA LUMPUR 7b~ JAKARTA
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  • Article
    Lock icon June 28 launch for STI futures contract
    601 1  -  Investors can trade a portfolio of 55 leading SGX stocks at just 5-10% of their valne By Catherine Ong [SINGAPORE] The Singapore Exchange (SGX) will launch a Straits Times Index (STI) futures contract on June 28, chief executive Thomas Kloet said yesterday. In
    601 words
  • Article, Illustration
    Lock icon A topic Citigroup chief would not discuss
    849 1  -  PEOPLE No questions on his former co-chief executive, please By Catherine Ong [SINGAPORE] There was only one subject that was taboo when Sandy Weill, chairman and chief executive of Citigroup Inc, met Singaporebased journalists yesterday. Although he no longer stands in the way
    CHRIS LOH  -  849 words
  • Article
    Lock icon It's called iX
    492 1  -  LSE, Deutsche Boerse merge to form Europe's largest and world's 2nd largest bourse From Neil Behrmann in London THE London Stock Exchange (LSE) and Germany's Deutsche Boerse in Frankfurt have merged to become the largest European stock market and second largest exchange in the world. In what
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      105 1 prams BT Comment L&M and Venture: two cases of poor disclosure. Pg 6 Top stories Singapore Airlines' subsidiaries, SATS and SIAEC, will offer nearly $500 m worth of their shares to the public today. Pg 6 Sing Tel pays USs23m for 31% stake in Point Asia Dot Com (Thailand). Pg
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      13 1 Another jewel in Frankfurt crown, Pg 3 European bourses welcome iX, Pg 3
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      56 1 Commentary: Retail investor's role is crucial, Pg 4 Market cautious on more new products, Pg 4 Contract expected to be popular, Pg 4 Q4A on STlfutures, Pg 4 '> v ■II 1 Mk* H HliPllH ««j^HHillgAaig^^^^^^H qenEve s/syt/z/j /tf&tf 1 I rMp^' > /WP The movement m/M/v I.U.C i 'fl
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Retro convergence
        74 2 WE'RE used to getting techno-looking corporate gifts like aluminium pens and stainless steel namecard holders from Internet companies. But there's one gift we got the other day that made us sit back and think. Star Hub Internet and Web site earth9.com sent a lava lamp together with an
        74 words
      • Article
        Lock icon Blame it on the men
        114 2 A HIGH-LEVEL inter-ministry working committee on infertility was formed recently to encourage couples to be more, uh, creative. A total of 11 persons were roped into this committee (already dubbed the "make more babies group" in some quarters) and all but one were men. At
        114 words
      • Article
        Lock icon Think long-term
        103 2 CONNIE Plaehn, the New York-based jolly 47-year-old managing director of JP Morgan Assets who manages US$75 billion (Ssl29 billion), was recently named one of the 50 most influential women in the financial industry. With roaring returns from racy stocks, most people are forgetting about bonds. Ms Plaehn said
        103 words
      • Article
        Lock icon Westward ho, with a vengeance
        88 2 HSBC Bank, a bank whose past is rooted in Hongkong and Shanghai, is spending a bomb to ensure its future is in London. It recently paid a reported HK$5OO million (Ssllo million) to buy three huge advertising spaces at the Heathrow international airport to fly
        88 words
      • Article
        Lock icon The broader the better
        108 2 LAUNCHING its online broking business at the Shangri-La Hotel yesterday, OCBC Bank laid out a few laptops for reporters to test its product. But the laptops were not linked to its stockbroking Web site, iocbc, which made real-time testing impossible. When asked why the laptops were
        108 words
    • Article
      Lock icon HK listing for 7 Nasdaq stocks by end-May
      248 2 HONGKONG 3-month trial period for cross-listing and linked settlement: Nasdaq president Reuters SEVEN of Nasdaq's marquee stocks win be listed on the Stock Exchange of Hong Kong (SEHK) by the end of this month for a three-month trial period, Nasdaq International president
      Reuters  -  248 words
    • Article
      Lock icon Clob shares: details of release out by end of June
      331 2 Weekly amount to be roughly total shares divided by 52 New Straits Times INVESTORS who have accepted Effective Capital's scheme to transfer their frozen Clob shares to the Kuala Lumpur Stock Exchange (KLSE) will be informed individually before the end
      New Straits Times  -  331 words
    • Article, Illustration
      Lock icon Nothing can keep Nanz Chong down
      737 2  -  Sure, the 0ne.99 Shop MD lost a court case recently, but that's made no dent in her ambitious local and regional plans, reports COMmiE irTntir CORINNE KERK SHE may have recently lost a court case, but Nanz Chong-Ko-mo, managing director of the 0ne.99 Shop,
      ARTHUR LEE  -  737 words
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      223 2 I PUSHING THE ARTFORM Wynton Marsalis, the most acclaimed musician and composer of his generation, w n I as well as distinguished classical performer. Recipient the Grand du Disque --J^^^W^WSPW I 23 Honorary Doctorates, and 1997 Pulitzer I gpl for Music: The first ever for 9H^HH|| i—— Movado, maker of
      223 words
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  • FOCUS iX
    • Article, Illustration
      Lock icon Merger is another jewel in Frankfurt crown
      760 3 It seals German's transformation from second league to world leader AFP [FRANKFURT] THE merger of the London and Frankfurt stock exchanges, finally announced on Wednesday, is a further jewel in the crown of the German market which has succeeded in transforming itself from
      AFP  -  760 words
    • Article
      Lock icon European bourses welcome new exchange
      348 3 Reuters [PARIS] Several European bourses yesterday welcomed the formation of the new iX, but apart from the Milan and Madrid exchanges, others said that they were not about to join it at this time. Euronext said yesterday it was willing to meet with iX, the
      Reuters  -  348 words
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  • STI futures
    • Article, Illustration
      Lock icon Retail investor's role is crucial
      922 4  -  SGX Mew contract's low cost will draw the small player whose absence made options and covered warrants trading untenable r. sivanithy AT last, a local derivatives contract that retail players can sink their teeth into. After years of watching in frustration the failed attempts at
      Source: SGX  -  922 words
    • Article
      Lock icon Market cautious on more new products
      517 4  -  They add market breadth, but fond managers wonder if investors are ready By Ven Sreenivasan FUND managers here have given a guarded reception to the idea of launching sophisticated products like exchange traded funds, tracker stocks and tracker funds, with some wondering whether the
      517 words
    • Article
      Lock icon STI futures expected to be popular
      527 4  -  Retail interest should shore up liquidity, brokers say By Siow Li Sen THE long-awaited STI futures contract which debuts next month is slated to do better than the Simsci contract because of its wide following among retail investors, said futures and stock brokers. Futures
      527 words
    • Article
      Lock icon Q & A
      980 4 Q A The following questions and answers on STI futures are taken from SGX's Web site. What is the value of the ST I futures contract? The value of each STI futures contract is equal to $5 multiplied by the current index trading level. If the index is trading at
      980 words
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      40 5 Advance into the era of the e-office with multi-function, network-capable and internet-ready Canon GP Digital Copiers/Printers. j -11—JP 1 Bl PV"' 1 4cijr;-- ***"•*■■■*■l v ■tfrK^MHBn^T g fr l f^?^f > l»* Sllli ife life: Call IMO 799 8585 now! shhi
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon SATS, SIA Engg to offer $500m of shares today
      541 6  -  Book-building process likely to see prospective PE ratios of 15-18 times By Conrad Raj SINGAPORE Airport Terminal Services and SIA Engineering Company, the two main subsidiaries of Singapore Airlines, will offer nearly $500 million worth of their shares to the public
      FILE PHOTO  -  541 words
    • Article
      Lock icon Thakral signs up for major B2B consumer electronics initiative
      340 6  -  NET MOVES USssom venture ropes in US-based theßigß2B.com Inc "y Conrad Raj THAKRAL Corporation is plunging deeper into the Internet with a new dotcom joint venture company to create what it terms one of the world's largest online business-to-business consumer electronics
      340 words
    • Article
      Lock icon SingTel pays US$23m for stake in Thai Internet firm
      530 6  -  More acquisitions to come finder SingTel's Net and ISP strategy From Harish Mehta tn Bangkok SINGAPORE Telecommunications Ltd said yesterday it is paying US$23 million (Ss39 million) for a 31 per cent stake in Point Asia Dot Com (Thailand) Ltd, the
      530 words
    • Article
      Lock icon Medi-Rad to open two new centres
      177 6 Bloomberg (SINGAPORE) Medi-Rad Associates Ltd, the radiology unit of Singapore's largest private hospitals owner Parkway Holdings Ltd, said it plans to open two new centres in Singapore from mid-May and expand its market share on the island. The company will spend about $2.9 million
      Bloomberg  -  177 words
    • Article
      Lock icon L&M and Venture: two cases of poor disclosure
      817 6  -  HOCKimitctidUJ r sivanithy MOST stock market participants would agree that prompt and comprehensive disclosure of material information by listed companies is necessary to ensure the integrity of the market as well as a level playing field. Unfortunately, most would also agree that
      817 words
    • Article
      Lock icon Activity on SGX down to lowest level in 6 months
      705 7  -  Market watchers feel bine chips will hold their own in present uncertainty liy Ven Sreenivasan ACTIVITY on the Singapore stock market plunged to its lowest level in six months in April as jittery investors dived for cover in the wake
      705 words
    • Article, Illustration
      Lock icon Wing Tai in Net services venture
      406 7  -  Tie-up with Son Hung Kai to build HKsloom service centre in Tampines By Andrea Tan WING Tai Holdings and Hongkong's blue chip property developer Sun Hung Kai Properties yesterday formed a joint venture to develop Internet services centres in Singapore and the region. Edmund
      FILE PHOTO  -  406 words
    • COMPANY Briefs
      • Article
        Lock icon Kep TatLee rules out Urban Bank stake
        44 7 Bloomberg KEPPEL Tat Lee Bank Ltd, Singapore's smallest lender, has ruled out buying into the failed Urban Bank Inc of the Philippines, after the Philippines' top central banker named Keppel as a possible buyer of the bank
        Bloomberg  -  44 words
      • Article
        Lock icon SembCorp puts travel biz on Net
        70 7 PACIFIC Internet and sister company Singapore Precision Industries have signed a deal to set up an 85-15 per cent joint venture, Safe2Travel.com, to acquire the travel and travel-related businesses of Safe and Mansfield Travel Group (SMTG). another SembCorp Industries unit The business, which last
        70 words
      • Article
        Lock icon Uraco director quits
        13 7 URACO Holdings said Ng Kok Heng has resigned as director.
        13 words
    • Article, Illustration
      Lock icon No problem with foreign debt this year, says Astra
      739 9 Company can meet repayments without seeking funding due to higher demand for cars Bloomberg [JAKARTA] PT Astra International, Indonesia's largest carmaker, yesterday said it would be able to meet its foreign debt repayments this year without seeking additional funding, due to
      Bloomberg; FILE PHOTO  -  739 words
    • Article
      Lock icon OCBC Securities promises more on Net
      456 9  -  Latecomer's online trading site offers host of features to leapfrog rivals By Ling Su Ann LATER but better that's what OCBC Securities (OCBCS) is banking on to leapfrog over its rivals who were faster on the draw in the business of Internet share trading.
      456 words
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      327 6 About the workshop This workshop will focus on the risks involved in the use of treasury products and the controls that can be implemented to manage and control these risks. Case studies will be used to reinforce understanding of the concepts taught. Key benefits of attending At the end of
      327 words
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      27 7 b JMV vmkamsm Create a romantic holiday for you and your loved one through The Straits Times Classified. A I CATS.) Buy h. S«fl h. Find h.
      27 words
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      Lock icon Page 7 Advertisements Column 2
      141 7 'L- ifc. Z-r m m W*^ Fulfil your dream at $1,288* a month. l, _>>ai i> i 1 ■A|tb w HEf a?** X M»*' >y 1 HP* /r J2 j| I m«7 I /twSMHB Miabi^v^Vk^ SIHBbv, ;>y^g Hk *^W^^BBptes^2»v o®g£? "■^IWHHWwBWf I IiTTW iPr* > iLf^IWWfIBBMBi The enhanced Mercedes-Benz C-Class
      141 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Second liners crank up volume, blue chips languish
      561 8  -  CO —i 8 CO v.sreenivasan SINGAPORE blue chips languished yesterday as most investors tread gingerly following the overnight weakness on Wall Street. And with institutional players holding back from taking signif icant positions, the bulk of the market's activity was dependent on
      561 words
    • Article, Illustration
      Lock icon Hold off investment in Jurong Engg for now
      192 8  -  WARRANT WATCH Ny R Sivanithy IT'S been a while since we featured the Jurong Engineering warrant in this column so perhaps it's time for a quick revisit. This once-blue chip has been languishing for some time now. After hitting a 52-week high
      192 words
    • Article, Illustration
      Lock icon Chuan Hup a good short-term buy
      216 8  -  HOT STOCK Ven Sreenivasan THE stock of shipping company Chuan Hup is currently in consolidation mode below its medium-term support price of 40 cents. The counter slipped another half a cent to 37.5 cents on 1.47 million shares traded yesterday. Although the Relative Strength
      216 words
    • Article
      Lock icon Market Notices
      148 8 DEL Monte will be holding its AGM on May 23 at 2.00 pm, at The Westin Stamford Westin Plaza, 2 Stamford Road, VIP Lounge Level 4. ♦ST Assembly has announced the appointment of Tan Lay Koon as the new chief financial officer of the company. He will have
      148 words
    • Article, Illustration
      Lock icon Euro farced below US90c despite weaker Wall St
      318 8  -  CURRENCIES larry wee THE hapless euro was sent reeling to yet another new low yesterday, but the greenback managed a mixed session despite renewed weakness in the US stock market overnight. By the Asian close, the euro was trading at U550.8997 for
      Source: Reuters  -  318 words
    • Article
      Lock icon Untitled
      526 8 Stocks Volume Inno-Pac20c 38,882,000 Medi-Rad 5c 36.411,000 Jurong Tech 10c 36.027,000 AirOcean 5c 28,594,000 ParkwayLab 5c 23,641,000 LafeTech US4c 14,793.000 Food Empire 5c 14.591,000 IPC Corpn 5c 9,907,000 Lee Metal 5c 9,844,000 Uraco HldgslOc 8,920,000 Stocks S PacificCentury 33,300,600 VentureMfg25c 32,485,980 DBSGrp 28,174.308 UOB 25,829,768 SPH 25,522,442 Creative T 25c
      526 words
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      89 8 Looking for an International Education without leaving Singapore? The Singapore Distance Learning Fair offers the best source of information on the latest undergraduate/postgraduate programmes, MBA's and professional qualifications offered by international universities/institutions for study in Singapore Meet senior representatives and academics from the USA, UK, Europe, Canada, Australia and Singapore.
      89 words
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      Lock icon Page 8 Advertisements Column 2
      25 8 Do vou need flexible financing for your share purchases 7 Call us at 323-3955 and find out what we can do for vou ©DBS BANK
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  • Page 9 Advertisements
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      131 9 S „a.P OM tvc ope*. th E a,..™, L v„e o,™ e s ,»a.p» 6 L v„c op^ 1 Production I j I Sigmunci Romberg g of The Greatest American Operetta of the *****... I g Made famous by the voice of Mario Lanza in the movie of the *****...
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      15 9 ALFRED DUNHILL London Style and Facet Belts 1 jhP imp *J|l l|^\ I JjllflF <jlj
      15 words
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  • MAIL bag
    • Article
      Lock icon Price offered by MPH for AV Jennings is miserable
      694 10  -  Yeo Seng Chong President and chief investment officer Yeoman Capital Management PL Singapore PLEASE refer to the article "MPH surprises with offer to buy rest of AV Jennings" (BT, April 27) and also "MPH targets AV Jennings" in The Straits Times
      694 words
    • Article
      Lock icon Make listed companies file quarterly financial reports
      241 10  -  Koh Boon Ooi via Internet Singapore I REFER to the letter "SGX: Disclosure requirements provided for" (BT, April 29) by Raymond Chow of SGX in response to an article by Wong Wei Kong titled "SGX should come down harder on lack of disclosure"
      241 words
    • Article
      Lock icon Liberalise more sectors
      100 10  -  Carol Sim Singapore THE liberalisation of the telecommunications sector has brought good news. Costs are coming down and consumers are given more choices. This is also happening to the financial industry, especially the stockbroking sector. The next industry that the government should look into liberalising is the
      100 words
    • Article
      Lock icon C&W HKT is no young virgin
      206 10  -  Bernie Lee Director. A 'zone Corporation Pte Ltd IN THE report "PCCW's bid for C&W HKT has 'enough' support" (BT, May 1), you quoted Francis Yuen, Pacific Century CyberWorks deputy chairman, explaining why Cable Wireless pic wouldn't ditch CyberWorks for Sing Tel. "This is
      206 words
    • Article
      Lock icon High property prices not normal
      280 10  -  George Cheng Singapore via Internet I READ with bemusement and disbelief the article (BT, April 24) about Marco Polo Developments' decision to postpone the sales launch of The Grange Residences as it might not be able to fetch the target price of $2,000 psf. Analysts
      280 words
    • Article
      Lock icon Don't throw out the old for the new
      378 10  -  Narayana Narayana Singapore, via Internet IT IS a common concept among Eastern cultures, especially Chinese and Indian, that grey heads and grey beards that inevitably accompany age are a sign of wisdom acquired from experience. It may be true that in recent
      378 words
    • Article
      Lock icon Plenty in Times Pub that can benefit F&N
      392 10  -  Tan Keng Soon Singapore I WOULD like to answer the question posed by your Hock Lock Siew column. "What's in Times Pub that attracts F&N?" (BT. April 27). Firstly, I would like to point out that after this acquisition. F&N's earnings will
      392 words
    • Article, Illustration
      Lock icon Combine small sites to build bigger condos
      579 10  -  Ang Ah Lay Singapore I SUPPORT the thrust of the National Development Minister Mah Bow Tan's speech at the Singapore Institute of Architects' annual dinner on April 22 when he urged those in the property and building industry to explore "new ways to
      FILE PHOTO  -  579 words
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      396 10 V Royal Orchid Holidays b 1t The Best of Thailand Our simple concept of mix match tailor made golf holidays is so easy. Stay just 2 nites or more in a hotel Something H'Sk of your choice Choose from over 20 magnificent Ifo meet every H(f Wjt J cham pio
      396 words
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      37 10 You can e-mail us at btletterQsph.com.sg or fax us at *****71, or mail your letter to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. Please give your full name f address and telephone number.
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  • SINGAPORE news
    • Article, Illustration
      Lock icon URA puts four 99-year leasehold sites on market
      445 11  -  The parcels at Upper Serangoon, Geylang and Kim Keat could rake in $250 m By Andrea Tan THE Urban Redevelopment Authority (URA) yesterday launched for sale four 99-year leasehold sites slated for private housing that could fetch up to $250 million in
      445 words
    • Article, Illustration
      Lock icon STB approves 2 collective sales of freehold properties
      209 11 Viewpoint Condo and Grange Garden sold for $123 m and $80m respectively THE Strata Titles Board (STB) has approved the collective sale of Viewpoint Condominium and Grange Garden. Including the two, the STB has to-date approved nine applications seeking orders of sale
      FILE PHOTO  -  209 words
    • Article
      Lock icon Eaton opens US$26m hose plant in Tuas
      170 11 INDUSTRIAL hose manufacturer Eaton Aeroquip officially opened its new US$26 million (5544.2 million) plant in Tuas yesterday. Covering a total space of 186,000 sq ft, it represents the company's largest investment in South-east Asia. "This new facility adds needed hose production capabilities to
      170 words
    • Article
      Lock icon Lianhe Zaobao to have a new look
      159 11 LIANHE Zaobao will be undergoing a revamp in the second half of the year, said Chew Keng Juea, vice president of Singapore Press Holdings' Chinese newspapers division (CND). Speaking at the annual CND awards ceremony yesterday, he said readers of the Chinese daily
      159 words
    • Article
      Lock icon Indonesia hopes to tap PM Goh's plan
      371 11  -  Middle East investors to get idea of investment model FYom Shoeb Kagda in Jakarta INDONESIA hopes to use the investment model Prime Minister Goh Chok Tong unveiled in January during his Jakarta visit, to attract funds from wealthy Middle East countries at a
      371 words
    • Article
      Lock icon Mobile Party Pays to stay: IDA
      329 11 MOBILE phone users here will continue to pay for both incoming and outgoing calls, the Infocomm Development Authority said yesterday after a review of industry views. In October last year, the IDA issued a consultation paper to seek industry views on the current Fixed-Mobile
      329 words
    • Article, Illustration
      Lock icon Avnet's US$30m expansion mostly done
      387 11  -  By Tay Shi'an ELECTRONICS distributor Avnet Asia, the regional headquarters of Avnet Inc, yesterday announced the completion of the bulk of its US$25 million (Ss42 million) to US$3O million expansion in Singapore planned for the fiscal year ending this June. It also intends to increase
      STEVEN LEE/ST  -  387 words
    • Article
      Lock icon Olympics' tourist spillover begins
      270 11  -  From Surinder Singh in Sydney ANOTHER 130 more days to the Sydney Olympics but Singapore Airlines and indirectly the Republic's tourist industry are already reaping some of the benefits. Alan Blair, SIA manager in Cairns, told BT over the weekend that an unseasonal flood of tourists
      270 words
    • Article, Illustration
      Lock icon S'pore IC exports to be strong: Kay Hian
      268 11  -  By Audrey Tan STRONG demand for personal computers and mobile phones will drive demand for integrated circuits (ICs) this year, and Singapore stands to benefit from this, say researchers at Kay Hian Securities. The broking house says in its latest Singapore Economics
      Source: Kay Hian Securities  -  268 words
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      192 11 City Estates International LONDON HONG KONG SINGAPORE DUBLIN Are you looking to sell your property in London? We offer a complete service under one roof including established links with international investors: Sales Acquisitions Valuations Resales Up-to-date market appraisal As part of the City Lets International Group we also offer a
      192 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Weak euro doesn't reflect real economy
      750 12  -  THMH ■.MiM.'.m.Ta OPINION paul krugman The writer is a professor of economics at the Massachusetts Institute of Technology NYT SO this is the way the euro begins: not with a bang but a whimper. Many enthusiasts for Europe's new unified currency, introduced only 16
      NYT  -  750 words
    • Article
      Lock icon IN OTHER WORDS
      144 12 'Nothing in the lawsuit against Microsoft justifies the harsh restrictions the government is now seeking to place on Microsoft's innovation and product design. Q a tes and Steve Ballmer Microsoft chairman and chief executive respectively, in a letter to major customers, business partners and shareholders. 'If these
      144 words
    • Article
      Lock icon Japan's sleeping consumers
      597 12 EDITORIAL WITH just about every conceivable remedy having been tried and having failed to do the trick, it would seem that only a massive surge in Japan's stock market will be able to lift the long-suffering Japanese economy out of its worst recession in five decades. The
      597 words
    • Article, Illustration
      Lock icon Nikkei reshuffle: how traders made a killing
      1070 12  -  Price volatility from the surprise change to Nikkei make-up offered arbitrage gains to fleet-footed By Jim Bonner, Yukiko Takai Bloomberg in Tokyo THE scene in the Monya pub wasn't one you'd expect after the worst week for the Nikkei 225 stock average in
      Bloomberg; FILE PHOTO  -  1,070 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      918 12 Indonesian recovery INDONESIA'S trade statistics for the first quarter are bolstering the view that the economy is slowly but steadily recovering from its deep crisis. If this trend continues until December, the 4 per cent growth target for this year will be in reach. This is
      918 words
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  • MALAYSIA news
    • Article
      Lock icon Time to consider Sapura bid in context of own restructuring
      494 13 KUALA LUMPUR Sapura bid said to be backed by RMl.Bb secured funds, half of which is from a global telecoms supplier AFX TIME Engineering Bhd will consider the Sapura group's proposal for Time dot Com "within the context" of its
      AFX  -  494 words
    • Article
      Lock icon Not advisable to break up Tenaga, says Tajuddin
      261 13 KUALA LUMPUR Utility giant needs to have strength to compete regionally Reuters BREAKING up Tenaga Nasional Bhd (TNB) into smaller units would reduce the Malaysian power utility's competitive strength, Tenaga executive chairman Ahmad Tajuddin Ali said yesterday. He said the utility giant
      Reuters  -  261 words
    • MARKET moves
      • Article
        Lock icon Investors scoop up telecom shares
        83 13 Bloomberg TELECOMMUNICATION stocks gained as investors scooped up shares of those whose recent declines have made them cheap relative to future earnings. Technology Resources Industries Bhd, Malaysia's biggest cellular phone operator, rose four sen, or 0.8 per cent, to RM4.84. The stock fell to more
        Bloomberg  -  83 words
      • Article
        Lock icon Analabs share price surges 14%
        61 13 Bloomberg ANALABS Resources Bhd Jumped RMI.OO, or 14 per cent, to RMB.IO, its highest since its shares began trading on April 25. Meanwhile the waste treatment plant designer told the stock exchange the 54 per cent ri9e in its shares over the past five days
        Bloomberg  -  61 words
      • Article
        Lock icon Berjaya Land buys into Gold Coin
        60 13 Bloomberg BERJAYA Land Bhd rose 11 sen, or 7.6 per cent, to RM1.55. The property developer said its subsidiary, Portal Access Sdn, agreed to buy 46 per cent of Gold Coin (M) Bhd for RMIOS million in cash, or RM5.53 a share. Gold Coin
        Bloomberg  -  60 words
      • Article
        Lock icon Engineering group is top gainer
        69 13 Bloomberg PEMBINAAN Limbongan Setia Bhd surged RM2.60, or 21 per cent, to RM14.90, making it the biggest gainer on the Kuala Lumpur Stock Exchange. The engineering group is one of two companies that plans to manage a real estate project in Johor state worth RMIS
        Bloomberg  -  69 words
    • Article, Illustration
      Lock icon M'sia happy with Asean's extension on car tariffs
      378 13 KUALA LUMPUR AFP MALAYSIAN International Trade and Industry Minister Rafidah Aziz praised her South-east Asian colleagues yesterday for giving the national carmaker extra time to gear up for competition. "We are happy with the decision," said Ms Rafidah, who won the concession
      AFP  -  378 words
    • Article
      Lock icon Malaysian growth to exceed 6.1% this year, says rating agency
      245 13 Kuala Lumpur Reuters RATING Agency Malaysia (RAM) yesterday said its forecast for Malaysia's economic growth rate of 6.1 per cent for this year may have been conservative. "Continuing favourable external demand conditions could render our gross domestic product forecast of
      Reuters  -  245 words
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      Lock icon 78% of M'sian office space occupied
      260 13 KUALA LUMPUR Reuters MORE than three quarters of Malaysia's 9.88 million sq m of office space was occupied in the first quarter of this year, the Finance Ministry said in a report released yesterday The ministry said Malaysia had a total of 1,301 office
      Reuters  -  260 words
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      Lock icon Mind your language
      51 13 [KUALA LUMPUR] A woman working in front of a poster promoting the use of Malay at the Malaysia Language Centre here recently. Such posters have gone up throughout the Malaysian capital encouraging people to use the national language, creating controversy about possible political motives behind the campaign.
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    • Article
      Lock icon Water firm to invest in M'sia
      218 13 KUALA LUMPUR Bloomberg SUEZ Lyonnaise des Eaux SA, the world's largest water company by number of clients, said it may invest as much as RMIO billion (554.5 billion) in Malaysia over the next 10 years. The investments in water and waste water treatment would
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      16 13 M AQUARIUM Net the best catch of the day here. fk CATS. The Straits Times Classified
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      212 13 Be at Asia Pacific's Largest Communications and IT Event! This is your BEST opportunity to experience the latest technology from more than 1000 international companies. Plus, gain first-hand information on crucial developments and trends at the CommunicAsia2ooo Summit which include CommunicAfia2ooo Summit Plenary Sessions MobileCommAsia2ooo Specialist Conference NetworkAsia2ooo Specialist Conference
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  • SOUTH east asia
    • Article
      Lock icon Indosat Q1 profit up 16%
      82 14 JAKARTA Reuters INDONESIAN international telecommunications firm PT Indosat yesterday reported a jump in first-quarter net profit despite a slight fall in revenues. The results were generally in line with expectations but came in above some forecasts and dealers said they had been taken positively by
      Reuters  -  82 words
    • Article, Illustration
      Lock icon Batam value-added tax postponed indefinitely
      689 14  -  Jakarta now awaits approval process for next tranche of IMF funds From Shoeb Kagda in Jakarta THE value-added tax (VAT) for Batam Island insisted upon by the International Monetary Fund has been postponed "for an indefinite time". Coordinating Minister for Economy, Trade and Finance Kwik
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    • Article
      Lock icon Indon senior officials' allowance hikes to be halved
      340 14 JAKARTA AFP INDONESIAN financial authorities yesterday bowed to a mounting public outcry and announced they would slash by half steep rises of up to 400 per cent in allowances awarded to some senior officials. Finance Minister Bambang Sudibyo said the rise in
      AFP  -  340 words
    • Article
      Lock icon Timor car project is on despite Tommy link
      161 14 JAKARTA AFX-Asia THE government plans to continue the Timor car project even though the son of ex-president Suharto, Hutomo "Tommy" Mandala Putra, owns part of the company, a senior trade official said yesterday. "Timor will be saved without looking at who owns
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      287 14 Ne&ds A$*KC OL Just click www.wi2office.com j WlzOWce.com I mmmmmmmmmm ——> Solutions. Forward thinking small VVfTra^tTTZfJftTnftß-f^TT^BHHBHHHHIHBHBHHHHHI businesses search for them. e t Intel® Pentium* 111 processor 600 Mhz 3,999 To be more efficient. To be more «*uai processor capability) 128MB RAM productive. And IBM provides them. I 9.1G8 Wide Ultra
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      13 14 CaluMi vtUtcAt Just click www.wi2office.com Wizofflce.com tVO-lwomanuM I IP" Bi-ft 4 T HI
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  • EAST asia
    • Article
      Lock icon Hutchison's UK bid raises S&P's concerns
      500 15  -  It places Hutchison's A rating on its Credit Watch with negative implications From Quak Hiang Whai in Hongkong A DAY after Li Ka-shing's Hutchison Whampoa made another major bid for a thirdgeneration mobile telecommunications operations in Europe, credit agency Standard Poors expressed concerns over
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      Lock icon HK's Martin Lee backs Clinton on China trade bill
      451 15  -  Congressional supporters seem confident of passage at Honse vote end of this month From Leon Hadar in Washington THE leader of Hongkong's opposition party expressed support on Tuesday for China's accession to the World Trade Organisation (WTO), and urged Congress to
      AFP  -  451 words
    • Article
      Lock icon Citic Ka Wah plans revamp and eyes merger
      386 15 HONGKONG Bank faces fierce rivalry for lending opportunities Bloomberg CITIC Ka Wah Bank, a mid-sized Hongkong bank owned by China's state-run investment agency, plans to restructure its operations here and seek merger opportunities, in response to rising competition in the market. The
      Bloomberg  -  386 words
    • Article
      Lock icon HKT expected to announce dive in full-year earnings
      295 15 HONGKONG Reuters CABLE Wireless HKT. Hongkong's biggest telecommunications company, is expected to report a steep drop in operating profits for fiscal 2000 but keep its hefty HK50.466-a-share final dividend as a pre-sale payout to its parent, Cable Wireless pic. Numbers for the
      Reuters  -  295 words
    • Article
      Lock icon Chinese dam official suspected of graft disappears
      319 15 HONGKONG AP A SENIOR Chinese official suspected of taking hundreds of millions of dollars from China's controversial Three Gorges Dam project has disappeared, a newspaper said yesterday. The South China Morning Post reported that Jin Wenchao, manager of the Three Gorges Economic Development
      AP  -  319 words
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      1535 15 SINGAPORE FOOD INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICIi IS HLRLBYGIVLN THAI' the 26th Annual (icncral Meeting of the Company will be held at the Board Room, 234 Paiklan I .nop, Singapore 12X422 on Iriday, May 26, 2000 at 4.00 p.m. to transact
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  • SOUTH asia
    • Article
      Lock icon Good times return for Indian corporations
      472 16  -  Surveys show big jump in profits and revenues in quarter ended March 31 From Rajendra Bajpai in New Delhi AFTER months of uncertain growth and almost three years of recession, Indian corporates are once again looking at cheerful bottomlines and future prospects are looking
      472 words
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      Lock icon Sri Lanka stocks hit all-time low
      492 16 COLOMBO Reuters, AFP, AP SHARES on the Colombo stock exchange plunged yesterday with the all-share index falling to an all-time low amid mounting concerns over the crippling war against Tamil rebels in the country's north. "Basically it's the war making the market fall. There
      Reuters,; AFP,; AP; Source: Reuters  -  492 words
    • Article, Illustration
      Lock icon Pakistan to widen tax net with reform package
      362 16 ISLAMABAD Govt plans to launch survey to trace businessmen who evade taxes Reuters FINANCE Minister Shaukat Aziz said on Tuesday the Pakistan government would announce a tax reform package this month to broaden the tax net and ensure businessmen cannot avoid it,
      Reuters; FILE PHOTO  -  362 words
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      250 16 YOU CAN ENJOY EVEN MORE OF THE FINER THINGS IN LIFE. *>, s T'i j I> v L -C*v/ >>*■< i v *.<- *i ..^.,s^' i§;';;/ >i,; v w r </> V v.,< :r- > v. .r;.,'i-M' s >■, >"£' vr! ;f" r > "'iSc? T^^;>wM^MlScaSttfc-.JK > •X' V v
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      1854 17 I NOTICESTo advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF RAYHO TRANSPORT PTE LTD (In Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN, that pursuant to Section 308 of the Companies Act, Chapter 50.
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      762 17 NOTICE IS HEREBY GIVEN that I, Chan Kim Eng of Blk 289 A Bukit Batok St 25 *03-210 Singapore *****9, have applied for a Retail Liquor Shop Licence in respect of M/s 7-Eleven located at 1000 East Coast Parkway East Coast Reception Centre Unit 21 Singapore *****6, and that this
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      184 18 foeße ■i PERSONAL e-BROKER W3 .4.jv.MIS ;Ift;-,-i; Sure! K 7»ii'm V'i WJ^m^WhiVvi*riw v > ill Witt i iti 111 vii \ll ilili t I j|?S££ffifflffl^ B| t'/b .^yjiUffiaSj p f^y^^^^Eaß|BPp^^Fv^^^^^^^!^^^B^BßW|l|BßPff||Bß^BWHWpß^^^^j|F If Jf I ''^M \'J^itoo^^. i >>' V pr www.iocbc.com Personal power at a click. That's iOCBC. c Take charge
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  • e News
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      Lock icon Twelve telcos in race for six G3 mobile licences in Germany
      630 19 BONN Bidding to start in last week of July or first week of August, says regulator Reuters A DOZEN telecoms companies or alliances from around the world have entered a race for up to six licences to run third-generation
      Reuters; REUTERS  -  630 words
    • Article
      Lock icon Soon: settlement body for e-commerce disputes
      599 19  -  UN body to expand scope of arbitration to disputes in the ASP industry From D Ravi Kanth in Geneva WITH disputes in new areas of Internet commerce on the rise, the World Intellectual Property Organisation (Wipo) yesterday signed an agreement with the Application Service
      599 words
    • Article
      Lock icon US, EU, Japan work on Net patent standards
      186 19 TOKYO AFP THE United States, Europe and Japan will draw up common standards for patenting business methods using the Internet, a business daily reported yesterday Patent offices of the major economic powers aim to prevent indiscriminate granting of patents for booming Internet
      AFP  -  186 words
    • Article
      Lock icon IBM in strategic deals with 4 software firms
      279 20 NEW YORK Reuters INTERNATIONAL Business Machines Corp on Tuesday said it had formed four strategic software alliances in the financial services and retail markets, which it expects will bring in about US$l billion (551.72 billion) in hardware, software and services revenue over
      Reuters  -  279 words
    • Article
      Lock icon HSBC unit may soon offer online trading
      759 20 LONDON The private banking arm's strategy now is to target industry groups Bloomberg HSBC Republic, the private banking unit of HSBC Holdings Pic, may let customers trade online and hopes to expand amid rising competition for business from the world's swelling rich population.
      Bloomberg  -  759 words
    • Article
      Lock icon SAP to form strategic partnership with Nortel
      424 20 UFRANKFURT They'll jointly develop software; more deals possible FT SAP, Europe's largest software group, is to join forces with US rival Nortel Networks, breaking its tradition of developing software in-house and paving the way for further deals. Starting this month, SAP which up
      FT  -  424 words
    • Article, Illustration
      Lock icon DVD player on the move
      58 20 [TOKYO] Japanese electronics giant Sony unveiling a portable DVD player DVP-FXI with a seven-inch wide LCD display. The DVP-FXI, with a thin magnesium alloy tody weighing 641 grams, enables the user 4.5 hours with a lithium-ion battery. Sony will put it on the domestic market
      AFP  -  58 words
    • Article
      Lock icon Sony, Universal to launch joint music service
      380 20 LOS ANGELES Reuters MUSIC giants Sony Music and Universal Music on Tuesday said they had joined forces to launch a subscrip-tion-based digital music service, which experts say could be the next big trend in distributing music on the Web. Making a similar announcement
      Reuters  -  380 words
    • Article
      Lock icon US House plans to vote on Internet tax bill this month
      304 20 WASHINGTON Bloomberg THE US House of Representatives plans to vote this month to extend a ban on taxes and fees that specifically target the Internet, House Majority Leader Dick Armey said on Tuesday. House Republican leaders want to produce
      Bloomberg  -  304 words
    • Article
      Lock icon IBJ to set up Net-based trading system
      119 20 TOKYO Bernama THE Industrial Bank of Japan (IBJ) plans to develop an online system that will enable companies to import and export products and settle payments on the Internet, sources close to the project said yesterday. Targeted at international trade in car parts,
      Bernama  -  119 words
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      69 19 Or silver arrow metallic. Or cyber green metallic. v Or oni red. Or yellow. i •Or lemon yellow. Or techno blue pearl effect. >?:lc? i tV\ The New Beetle Wg} C R A/? DISTRIBUTOR: CAR CARS PTE LTD. SHOWROOM: 19 LENG KEE ROAD, TEL: 474-1111. Main Dealer: Alpine Automobiles Pte
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      190 20 Lead London Economics Call 338 0300 IdKE) n r i ~MM I for a free prospectus 1 ,j 1 *u J 122 Middle Road #02-02 Midlink Plaza E-mail: degree@stansfield.com.sg Website: www.stansfield.com.sg 30th May 2.000 Holiday Inn Park View m 9.00 am 5.00pm Conducted by: WHO SHOULD ATTEHD MACK PALOMAKI Service
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      32 20 Classified First. Want to get a laptop? Or simply get computer savvy? Check The Straits Times Classified First. ■LTODAYfjjXtt-S^tH ■Uanhe Zaobao o+£*±rfi£B] mm Share prices plunge below 550.20 for 40-odd listed companies
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      113 21 v 4 iiiiri I" JSSsse Ml wwgf! j-. Jf -Ijßfctj imCI J& Jpfa.} x\> 0 J^m-;. V\ t X l^HV^^BiHi^^BllH !^Sßfl^^^H^BVs9KlE ill J9F 1 jp V I afei| Mk W 3bf- Mf. We invite you to discover THE EMOTIONS OF OUR NEW COLLECTIONS IN PARTICULAR THE AMAZING TECHNICAL WORLD PREMIERE
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  • WORLD news
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      Lock icon Bestfoods rejects US$18b unsolicited Unilever bid
      520 22 ROTTERDAM It says offer was not in shareholders' best interests given the company's prospects Bloomberg UNILEVER, the world's second-big-gest food company, offered to buy Bestfoods for US$lB.3 billion (Ss3l billion) in cash, an unsolicited bid that the US food company rejected as inadequate. Still,
      Bloomberg  -  520 words
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      Lock icon AT&T share price dives after profit warning
      374 22 NEW YORK Bloomberg AT&T Corp shares fell 14 per cent, their biggest drop in 13 years, after the largest US long-distance telephone company said this year's profit and sales will be less than expected and first-quarter earnings fell. AT&T also plans to cut
      Bloomberg; Source: Bloomberg  -  374 words
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      Lock icon Dog is first animal to kick off NYSE trade
      205 22 Reuters [NEW YORK] The venerable New York Stock Exchange went to the dogs on.Tuesday as Taco Bell's talking Chihuahua became the first animal to ring the opening bell. The world's biggest stock exchange has seen other dogs and even an African
      Reuters; REUTERS  -  205 words
    • Article
      Lock icon Lloyd's to insure against hostile takeover costs
      318 22 NEW YORK Target companies get reimbursed for hiring lawyers, costs of proxy battles Bloomberg LLOYD'S of London will insure North American companies against the costs of hostile takeovers that can quickly run to tens of millions of dollars, the world's largest insurance marketing
      Bloomberg  -  318 words
    • Article
      Lock icon Most economists still see UK rate hike this week
      391 22 ULONDON Reuters MOST economists still expect a rise in Britain's key shortterm interest rate this week despite weaker-than-expected gross domestic product data last week, but the decision will be finely balanced, a Reuters survey showed. "The Monetary Policy Committee (MPC) is
      Reuters  -  391 words
    • Article
      Lock icon Witnesses to be summoned to fight break-up
      436 22 SEATTLE Microsoft will also request govt records to boost case AP, Reuters MICROSOFT Corp plans to ask for authority to seek government records and subpoena witnesses to support its argument that breaking the company in two would be going too far, a company
      AP,; Reuters  -  436 words
    • Article
      Lock icon Germany to have own version of green card
      327 22 BERLIN Cardholders to be allowed to stay for five years AP GERMAN businesses and the government reached an agreement late on Tuesday on details of a plan by Chancellor Gerhard Schroeder to establish what he calls a USstyle "green card" system to
      AP  -  327 words
    • Article
      Lock icon Coke moves to shore up staff morale
      270 22 ATLANTA, Georgia AP COCA-COLA Co's top executives have announced plans to boost employee morale by improving compensation, closing on Friday afternoons in the summer and offering a new paid holiday. Chairman Doug Daft and president Jack Stahl spoke to employees on Tuesday in
      AP  -  270 words
    • Article
      Lock icon Aussie bank rate raised again on inflation concerns
      452 23 SYDNEY 4th rise in 6 months; global rates hike also cited to justify tightening by RBA Reuters THE Reserve Bank of Australia (RBA) raised the official cash rate yesterday for the fourth time in six months, but played down its concern over
      Reuters  -  452 words
    • Article
      Lock icon Telecom NZ eyes Nasdaq listing for some units
      343 23 WELLINGTON Floating high-growth businesses there is aimed at highlighting value within gronp FT TELECOM New Zealand, the country's largest company, is considering floating stakes in some of its high-growth businesses on Nasdaq as a way of highlighting the value within the group.
      FT  -  343 words
    • Article
      Lock icon Korea Telecom Q1 profit jumps 70%
      254 23 SEOUL Bloomberg KOREA Telecom Corp said its first-quarter net income surged by about 70 per cent as the nation's largest telephone company chalked up more sales from its existing data and Internet networks and kept costs down. The company said net in come rose
      Bloomberg  -  254 words
    • Article
      Lock icon Hyundai must put in 1.2t won into ailing trust unit
      342 23 SEOUL Bloomberg HYUNDAI, Korea's largest industrial group, must contribute as much as 1.2 trillion won (551.86 billion) to help its ailing trust unit, said Lee Ki Ho, a top economic adviser to the president. His statement came a day after
      Bloomberg  -  342 words
    • Article, Illustration
      Lock icon 1-2 years to go before US bubble bursts: Mr Yen
      507 24 BANGKOK Soft landing can be achieved by raising interest rates to cool growth, he says Reuters FORMER Japanese vice finance minister Eisuke Sakakibara said yesterday that he does not expect the US stock bubble to burst in the next two
      Reuters; FILE PHOTO  -  507 words
    • Article, Illustration
      Lock icon Legionnaires disease hideout
      66 24 [MELBOURNE] A diver feeding the fish at the Melbourne Aquarium where Victorian health officials have linked 58 confirmed cases of the potentially fatal Legionnaires disease was contracted from an air-conditioning unit present in the popular tourist attraction. Two elderly women have already died, and new cases have
      REUTERS  -  66 words
    • Article
      Lock icon WTO addresses implementation issues
      576 24  -  It is setting np mechanism to help developing countries From D Ravi Kanth in Geneva MEMBERS of the World Trade Organization were set to create a special mechanism yesterday to grapple with the specific difficulties developing countries encountered in implementing the trade body's complex rules, a
      576 words
    • Article
      Lock icon Ms Murdoch quits BSkyB for own media business
      208 24 Reuters [LONDON! BSkyß executive Elisabeth Murdoch yesterday said she would quit the British satellite broadcaster controlled by her father to set up her own UK-based media venture. The 31-year-old daughter of News Corp chairman Rupert Murdoch said she had been considering the
      Reuters  -  208 words
    • Article
      Lock icon British banks blocking Phoenix's bid for Rover: report
      357 24 ■LONDON Buyer is now looking for help from US, Canadian banks Reuters A BID by Britain's Phoenix group to buy carmaker Rover from BMW is being thwarted by British banks' refusal to grant a £200 million (*****.2 million) overdraft, the Guardian newspaper
      Reuters  -  357 words
    • Article
      Lock icon Foreign carmakers hold Korean show to boost dismal sales
      458 24 SEOUL Reuters THE world's top automakers are holding an auto show in South Korea which they hope will help bolster their dismal sales in what has traditionally been one of the world's least hospitable car markets. Organisers said 12 automakers were
      Reuters  -  458 words
    • Article
      Lock icon Moody's upbeat about US banks despite slowdown in earnings growth
      249 24 LONDON Reuters MOODY'S Investors Service's rating outlook for major US banks remains upbeat in spite of the recent slowdown in earnings growth at some US banks. In its annual report on the US banking industry, the rating agency says that
      Reuters  -  249 words
    • WORLD Watch
      • Article
        Lock icon US factory orders up in March
        85 24 Reuters [WASHINGTON] Orders for US manufactured goods rose for the first time in three months in March, pushed higher by robust demand for electronics and electrical equipment, the Commerce Department said yesterday. Factory orders rose 2.2 per cent in March to a seasonally-adjusted U*****.19
        Reuters  -  85 words
      • Article
        Lock icon No problem getting PC parts: Dell
        98 24 Bloomberg [NEW YORK] Dell Computer Corp said it is not having trouble getting chips and other components for its PCs, contradicting reports that a tight supply of parts could hamper sales at PC companies. "We've experienced almost no limited component availability," said Morton Topfer,
        Bloomberg  -  98 words
      • Article
        Lock icon Mannesmann chief to step down in June
        71 24 AP [DUESSELDORF] Mannesmann AG's chief executive will step down at the company's shareholder meeting in June, the company said on Tuesday, making the planned move in the wake of the German telecommunications company's acquisition by Britain's Vodafone Airtouch PLC. Klaus Esser will be
        AP  -  71 words
      • Article
        Lock icon IBM bags US$1b worth of deals
        64 24 Bloomberg [ARMONK, New York] International Business Machines Corp won agreements with four software companies that could generate about US$l billion (Ssl.7 billion) over three years as it expands beyond computer sales to boost revenue. The agreements are with US business software companies Yojna Inc,
        Bloomberg  -  64 words
      • Article
        Lock icon Prada's 1999 profit more than doubles
        85 24 Bloomberg [AMSTERDAM] Prada SpA, the Italian fashion company that controls the Helmut Lang and Jil Sander brands, said 1999 profit more than doubled after increasing the number of outlets amid growing global demand for luxury goods. Net income rose to 326.5 billion lire (Ss26l
        Bloomberg  -  85 words
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      70 23 Each year here at Jaeger-leCoultre, WE EXPECT ANOTHER "MANUFACTURE" TO PRODUCE AN EVEN SMALLER MOVEMENT... We have been waiting since 1929. V as The Calibre 101. THE W ORLD'S SMALLLS i MLCH -WICAL MO\ L'MLN I. 98 PARTS AND EIGHS LLSS THAN ONE CRAM. *jAt (,h K-l t C(H 1
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  • FINANCE & commodities
    • Article
      Lock icon Futures languish in rangebound trade
      191 25  -  SGX Derivatives TradingReports MSCI Singapore Index Daphne Tay, Jardine Fleming THE Singapore stockmarket sank yesterday, snapping a five-day rally, spooked by the continued volatility on Wall Street. Blue chips were stagnant whUst technology issues were depressed following the 4.36 per cent overnight plunge in the
      191 words
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      Lock icon Futures lose early gains to close 2.1% down
      275 25  -  MSCI Taiwan fixtures Chan Yet San Refco Singapore THE Taiwan stock market was down again yesterday on Nasdaq's big fall overnight. The Taiex fell 218.75 points or 2.53 per cent to end at 8,420.00, its lowest close for the year. Turnover was
      275 words
    • Article
      Lock icon Oil gains on dip in US stocks
      234 25 ENERGY REPORT Reuters [LONDON) Oil prices moved higher again yesterday as a strike in Norway hit exports and weekly US statistics showed a heavy decline in crude inventories. London June Brent futures by 1045 GMT had climbed 20 US cents a barrel to
      Reuters  -  234 words
    • Article
      Lock icon CURRENCY REPORT
      328 25 Reuters London THE euro lost two US cents in a day to plumb record lows below US$0.89 yesterday, in the absence of any sign of official intervention to counteract the strength of the US economy relative to the euro zone. The euro lost one US cent in the
      Reuters  -  328 words
    • Article, Illustration
      Lock icon Untitled
      813 25 INTERBANK CROSS rates May 3 E > HK$ Yw wm m mm*» NM S$ tn w> s ::25!li5|33Sa55==5'£2S J Zzl 6-563 1.957 7.017 39.315 ***** 0.979 9.997 1.423 L828 46 699 ***** L548 ktu lW77MiiiUi A nt A mm Trmc, 0.232 0204 1139 0.152 02* L069 5.991 10.932 0.W9 L523
      813 words
    • Article
      Lock icon Untitled
      1782 25 ncoMnmmg RUB8ER (futures dosing «s «t SJOpm) RSS 1 CONTRACTS cwfrftg) CIom Volume Open Mont<l Lw» Sett (tonnes) Interest JunOO 121.00 300 123.00 300 *"900 125.00 300 S*P 00 127.00 300 RSS 3 CONTRACT (US cwts/kg) Volume open Hlfl Low Stt (tonnes) Interest ~i"0O 68.75 M.75 68.75 150 2295 MOO
      1,782 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng down 1.5% in featureless trading
      2862 26 HONGKONG AFP lyjHangSeng -240.29 HONGKONG share prices fell 1.5 per cent in featureless trade yesterday, following overnight declines on Wall Street, dealers said. The key Hang Seng Index lost 240.29 points to close at 15,577.47, on turnover of HK510.26 billion. Dealers said the
      AFP  -  2,862 words
    • Article
      Lock icon TAIPEI
      369 26 AFP Qwp Index -218.75 TAIWAN share prices closed 2.5 per cent lower yesterday on selling of technology issues triggered by overnight losses on the tech-heavy Nasdaq, dealers said. The Taiwan Stock Exchange Weighted Price Index slid 218.75 points to 8,420.00, on turnover of NT587.68 billion. Decliners led advancers 492
      AFP  -  369 words
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      37 26 I Phot essay a crea^ve wa Y meruit the right talents. llu'StratoTiir** 1800-741-1883 I irfl b m B J fA I TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING. The Tokyo, Shenzhen and Shanghai stock markets were closed yesterday. A alLi.
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      104 27 Ch^irfef§eans™ '<& YOU'LL BE GLAD YOU FOUND US. If you have an extensive global network of sales channels, Channelßeans™, a Demand Chain Business-to-Business e-commerce application, enables you to: Reduce your cost of sales Track orders Enforce customer loyalty Perform inventory status checks Generate requests for quotations Allow for self-service anytime
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  • STOCKS klse
    • Article, Illustration
      Lock icon Institutional blue chip buying boosts KLCI
      441 28 AFX-Asia n Composite Index +42A SHARE prices closed higher on late institutional buying of key blue chips, dealers said. Japanese funds were also seen to be buying modestly, they added. The KLSE composite index closed up 4.24 points at 904.55, off a low 0f896.21,
      AFX-Asia  -  441 words
    • Article
      Lock icon Untitled
      8967 28 INDUSTRIALS Consumer products 2000 Last Vol Day Net Cap Hi<jh Law Camp any Sji« '000 High Las Pit %mH 420 310 Aimomoto 350 19.1 141.9 158 91 Angkasa 98 2 17 98 95 144.5 670 290 Apollo Food Hlg 525 -5 4 525 520 12.5 210.0 3025 2700 BAT 50c
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  • SGX clob & regional stocks
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      Lock icon Untitled
      3413 29 mii>'m >■ i ifcn mm\m»w~\ immnarmnr rnn it- >'ili a w^lmj 1 m>—■f j—j——■■ BONDS A WARRANTS »t Wi mm/ iim LMt 11 Day LastOMt* If ituM Cmt [in Dm MUM Mfk Im Mm Clwpni Sato «W COM) M# Lot b.tk Mki Prfc* I ——I Mca UR 80 17 I
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      Lock icon BANGKOK
      780 29 AFP P SET Index -5.64 THAI shares closed 1.5 per cent lower yesterday in thin trade due to Wall Street's fall overnight and weakness in most other regional markets, dealers said. The Stock Exchange of Thailand (SET) Index closed down 5.64 points at 379.80, while the select SET-50 was
      AFP  -  780 words
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      Lock icon MANILA
      288 29 AFP Q Composite Index -1136 PHILIPPINE share prices fell 0.8 per cent yesterday. The Composite Index lost 13.36 points to 1,592.68. Turnover fell to 1.5 billion shares worth 692 million pesos compared to 3.16 billion shares worth 979.45 million pesos traded on Tuesday. "•*3 PtM 0001 MRC Allied 0.40
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      Lock icon JAKARTA
      734 29 AFP H Composite Index +4.06 JAKARTA share prices closed trading 0.8 per cent higher yesterday on foreign buying in cigarette stocks, dealers said. The Jakarta Stock Exchange Composite Index closed up 4.06 points at 535.31. "There is no doubt that it was foreign investors who bought Sampoerna and Gudang
      AFP  -  734 words
    • Article
      Lock icon WELLINGTON
      273 29 AFP QNZSE-40 +7.92 NEW Zealand shares rose 0.4 per cent yesterday led by forestry stocks, dealers said. The NZSE-40 Capital Index closed up 7.92 points at 2,033.55. Turnover was worth NZ$lO3 million. Bellwether Telecom Corp was down six NZ cents at NZ$B.55. AFP (000) Advantage HQS 3.40 -0.15 95
      AFP  -  273 words
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      Lock icon SYDNEY
      570 29 AFP P All Ordinaries -22.4 THE All Ordinaries Index ended 22.4 points lower at 3,076.7, while the recently-in-troduced SP/ASX 200 dropped 23.6 points to 3,107.5. Turnover totalled 505.3 million shares worth A 51.30 billion, with 879 fallers outnumbering 653 risers. The All Industrials Index shed 50.5 points to 5,399.1
      AFP  -  570 words
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      Lock icon SEOUL
      311 29 AFP fl Composite Index +0.17 THE Korea Stock Exchange index closed up 0.17 of a point at 752.76. Volume was 178.4 million shares worth two trillion won. —AFP tn I Hon Anem Semi ***** -100 Brain Ted) t135 -10 Central Ban* 1715 -»15 ChMComm *****0 5500 Dm Gu Bank
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      43 29 You never aKR actually own a Patek Philippe. BpSM* PATEK PHILIPPE You merely y&Szat R GENEVE Begin your own tradition look after it for the next generation. gjgS Annual Calendar For information: Geneva Master Time, Tel: (65) 732 1506. www.patek.com by Patek Philippe
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  • Article
    Lock icon STOCKS sgx
    9769 30 SGX MAINBO ARB Transaction date: May 3 Gr Gr M wt 52-Wk Last Vol Day Last Ouote Dlv Dtv YM Net Cap A»g High Low St No Company Sale 000) High Low Buyer Sailor C'vr P/C $mll Price MUITHNDUSTIY 182 95 m c 1000 Acma 50c 149 cd
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      28 30 Someone keen on expanding horizons. Someone who will relish the responsibilities. Get the edge in hiring the right one. V nu'Slntil.sTimi-s Call I 800 74 I I 883
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      444 31 Where to wine, dine and entertain..rt;(< jjesSr aeaßi^ Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: #23 (Adult), 40% discount (Child) Dinner: #26 (Adult), 40% discount (Child) r~ For reservations, please call 290 8005/299 9011. Prices subject to semce charge
      444 words
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      44 31 j^S9 I. Coffeehouse -i jrf Savour local fare ind our award-winning i I Chatterbox Chicken Rice We are open 24 hours daily in case rau have not eaten yet. i Enquiries: 831 6291 13 Orchard Road. S.ngipore *****7 Tef: 717 4411 Fax: 732 2361
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  • Page 31 Miscellaneous
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      1074 31 TVf'fFF cbyptic crossword liitirt^inrrgi^————ll H I Je. Wheel of Fortune. 8.00 Klinik Kita. fIHHHHBHHHHHHBH A,,l^n 6JO The Pyramid Game. 8-30 Sajian: Aroma. 5.00 PM Bowling: 2000 i [2 [3 R [S P I f7 I |F~" qpr 900 Joo 16 B k 7.30 World Ten Pin. And Doozie. 9JO News
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  • MOTORING page
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      Lock icon MPVs growing in popularity
      696 32  -  And it isn't because most of the buyers have big families to move around By Christopher Tan IF there is one thing that contradicts the observation that Singaporeans are not having enough children, it'd be MPV sales. These multipurpose vehicles make up the fastest growing segment
      696 words
    • Article
      Lock icon No more rustic-style driving soon on Pulau Ubin
      417 32 THE freewheeling days of hel-met-less bikers and carefree drivers of rim-down cars may be over for Pulau Übin a motoring haven untouched by the likes of COE, ARF and ERP. While the islanders will not have to acquaint themselves with these acronyms
      417 words
    • Article
      Lock icon Taxi ERP rate hike expected in Sept
      419 32  -  Cabs will pay fall charge; likely to become even more scarce in town All reports by Christopher Tan GET ready to pay more. Electronic road-pricing (ERP) charges for taxis are almost certain to go up in September, which in turn might make cabs
      419 words
    • BUMPER to BUMPER
      • Article
        Lock icon Car & Cars unit bags rim contract
        71 32 Car Cars unit bags rim contract AUTOVOX, a unit of Volkswagen distributor Car Cars, has clinched the distributorship for Antera rims. It will be the exclusive agent for the Italian wheels for South-east Asia. Antera was previously represented by Benzline and listed Stamford Tyres. Autovox is a recent startup, and
        71 words
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        Lock icon More Mercs to choose from now
        100 32 THERE is a wider choice of Mercedes-Benz models than ever before. Distributor Cycle Carriage has just brought in two new A-class cars, a 1.9-litre automatic dressed in modern Avantgarde trim; and a 1.6-litre with automatic clutch (you shift gear without having to depress a
        100 words
      • Article
        Lock icon Latest Protons to hit S'pore at year-end
        105 32 THE latest line of Proton sedans, codenamed GX2OOO, will reach Singapore shores only towards the end of the year. BT understands the range is based on the platform of the Mitsubishi Lancer, and will be available as a 1.6 and 1.8-litre. The former
        105 words
      • Article
        Lock icon CityCab launches diesel retail facility
        91 32  -  Compiled by Christopher Tan TAXI operator City Cab has started a diesel retail facility at its premises in Sin Ming Avenue, joining competitor Comfort which has four such outlets for its drivers. City Cab, a venture between listed DelGro and ST Kinetics, will offer diesel
        91 words
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      Lock icon Up close with the world's speediest road warriors
      594 32 JAPAN'S Auto Salon, a sportscar exhibition that rivals the Tokyo Motor Show in popularity, will make its debut in Singapore in August. Co-organised by entertainment company Simon Foo Productions and auto sports specialist Racebreed Dot-Com, the premium event is scheduled for Aug
      594 words
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  • Article, Illustration
    Lock icon HOUSEHUNT
    2146 33 Property transactions for selected districts lodged between Apr 3 and May 2. PROJECT NAME/ PROP CONTRACT TENURE 8UHT-W/ PRICE PSF PROJECT NAME/ PROP CONTRACT TENURE BULT-W PMCE PSF STREET NAME TYPE DATE LAND AREA' STREET NAME TYPE DATE LANO AREA* (SOFT) (SJ'OOO) (SS) (SOFT) (ST000) (SS) District 9 District
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      117 33 <!9 Pay FIXED INTEREST RATE from date ibilibi fi rst release NOT date of letter of offer yiy j A For housing loans without hidden conditions, call us —we have been financing homes since 1950 I cue Ist Year 3.75% p.a. (fixed) 2nd Year 4.75% p.a. (fixed) 3rd to sth
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      60 34 THE ROAD TO PROSPERITY STARTS HERE: i 6 8 ROBINSON ROAD. '.ilii:- n|||||i|A|||n lGlpPl^^ v By/ifli wKnn^w^/i Y l MlflM^k& HHHHH CAPITAL PLEASE CALL a 533 6226 FOR MORE DETAILS. M piDEmco iflno A membef of Singapore Technologies 141 lOlmiON ioto 95 South Bridge Road «13-Ol Pidemco Centre Singapore *****7
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  • BY DESIGN
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      Lock icon FLOORED BY mosaics
      542 35  -  The retro look of tiny tiles now come in a variety of materials and colours. andrea tan looks at the choices available for home-owners ANDREA TAN BABY boomers and retro lovers take heart. Mosaic tiles, popular in the 60s and 70s, are back in vogue. While those
      ARTHUR LEE  -  542 words
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      Lock icon HOUSING LOAN RATES
      441 35 BAMCSfWANCE COMPANIES YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6-10 YEAR 11-35 ABN-MR0Bank(maxof30yrs) 3.5000 4.2500 4.7500 4.7500 4.7500 4.7500 4.7500 Citibank* (max of 30 yrs) 4.5000 4.5000 4.5000 4.5000 ~4*5000 4.5000 T5006~ 5?? 4.0000 5.0000 5.0000 5.0000 5.0000 5.7500 5.7500 Hong Leong Financef
      441 words
    • Article
      Lock icon New homes for sale
      292 35 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE i imimi I pf (sq ft) LAUNCHED UNITS SOLD psf) i River Place FEO 3 Havelock Rd 678-3,229 509 363 950 99-yr Faber Crest CDL 5 Faber Heights 1,012-2,099 360 119 590 99-yr Avalon PidemcoLand 10
      292 words
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      296 35 ~~l PiOT A: 7,683.5 SQM (82.489 SOFT) PLOT B 2,177.1 SQM (23,434 SOFT) TOTAL 9.840.6 SQM (105.923 SOFT) j ft FREEHOU). PLOT RATIO: 2.1 J JHW/ I's iN WALK TO N.E. SEHNETT HRT i M EASY ACCESS TO PIEATTEySERANGOON RD GOOD SCHOOLS: ST. ANDREW.. CEDAR. Subject lo Snu Title Bawd
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      63 35 j4maita tmJSlSil&m Refrigerator Freezers SXDS22VECNT 22 cu ft 620 litres Built-in, Side-by-side Ice'N Water™ Dispensing, Refrigerator, Black with Stainless Steel door wraps and Solid Stainless Steel handles jo%* i laam Hr pif^uMp F I mmmm|p■ »ir c i ;T7T7r^jjjjj 140 Paya Lebar Road #04-06 A-Z Building Singapore *****5 Tel: *****88
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  • EXECUTIVE Suite
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      Lock icon Developers plan direct sourcing via Net
      726 36  -  Redas considering 828 portal for bulk purchases to cat ont middlemen Hy Kalpana Rashiwala THE Real Estate Developers' Association of Singapore (Redas) is planning to develop an application on its new property portal to allow developers to aggre gate purchases of building materials. The
      726 words
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      Lock icon Buyers' choice
      651 36  -  BTs compilation of Ql's best-selling private housing projects throws up some interesting factors that buyers consider, mabibsa chew has the details MARISSA CHEW BEING close to the MRT station proved a winning point for Far East Organization's East Meadows, the first quarter's most popular private residential project The
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      142 37 Bridge News Reuters HOLIDAYS in the Far East took their toll on the capesize sector of the dry cargo freight market, with rates generally easier. Panamax levels in the Far East were also down. The Atlantic in comparison was steadier for panamaxes. The Baltic Dry Index (BDI) slipped
      Bridge News; Reuters  -  142 words
    • Article
      Lock icon MARITIME STOCKS
      306 37 S6X '000 H»t2 »1 CWT Distribution 0.90 O.Ot 43 Chuan Hup 0.38 0.01 1358 Cosco Investment. 0.19 0.01 62 Freight Links 0.25 -0.01 382 G8 Holdinas 0.68 unch 0 Hai Sun Hup 0.71 0.01 137 IMC Holdings-HK 5.60 unch 0 Jaya Holdings 0.18 unch 179 Keppel Corp 3.92
      306 words
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      Lock icon Fjellstrand goes solo, sets up regional office here
      524 37  -  Fast ferry builder will build ships with local yard on 'pay as yon go' basis By Donald Urquhart [SINGAPORE] Norwegian fast ferry builder. Fjellstrand AS, plans to build ships with a local shipyard on a "pay as you go" basis following its
      524 words
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      Lock icon Erika owner under probe
      205 37 AFP [SINGAPORE] The owner of the tanker Erika, which sank in December causing major environmental damage to France's western coastline, and an official of its managing company have been placed under judicial investigation. The action comes as a first step to possible prosecution in court. Giuseppe
      AFP  -  205 words
    • Article
      Lock icon New VLCC orders keep pace with scrapping
      927 37  -  NEWBUILDS By David Hughes PRUIT juice carriers crop up in the new contracts list but rarely. These vessels though are sophisticated, expensive ships and few yards have built them. One of those few is Kleven Floro, until recently part of the Kvaerner conglomerate.
      927 words
    • APL goes high tech
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        Lock icon Web site offers instant help
        967 38 Global container transportation and logistics provider leads in helping customers in their transition to e-commerce [OAKLAND, California] OCEAN transportation is turning a few heads with its innovative offerings of Webbased technologies. And customers, including global manufacturers and retailers in consumer electronics, computers, footwear, apparel, automotive
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    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      191 38 PAGE Djak Lloyd 8 ACL 6 Dongnama 3 ANL 3 Eastr*ns 6 U Accord 8 "I 4 Appenship 5 ECU Line 6 Austral 8 Evergreen 6 Bala)i Shpg 5 EoongSun 8 BSA 7 C Link 4 B'tang Mas 8 Cemartrans 6 CCNI 7 Hangli 7 CMA 8
      191 words
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      Lock icon SHIPPING GUIDE
      16000 45 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number To BUENOS AIRES (BUE) 2060 Arqentina To ABIDJAN (ABJ) 2003 Cote D'lvoire n/os 06/06 KienHung justice container jcoms 6******33 17/05 19/06
      16,000 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        706 49 Ve»s«l Voy No Berth Arrival Departure MaldiveStar 5058 JOT 03/05/5:45 04/05/6:00 Bt Gaiahnvada ***** *1 03/05/9:45 03/05/20:00 S«ry« MAY-01 J02 03/05/6:50 03/05/23X10 Bt S Baro*a2 ***** J01 03/05/840 03/05/23:59 Cj» 214 65Sa JIT 03/05/6-25 03/05/23:59 C Progress 02-MAY J09 03/05/8:40 03/05/16.40 Marcopoto 12 FEB-20 J02 03/05/9.25 06/05/2100 «Lestari
        706 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1946 49 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy Mo Etb/Btr Period From To From AC1 WOUT 0158 6/H*0 U 03/1500 OVUM 03/1*00 II 03/1 WO 01/1*5* 01/1*00 2A 01/1700 0A/065* 04/0400 2i oviroo 04/0*5* 04/0W 04/0700 04/1159 04/1400 4 04/1200 04/145* 04/1700 ASiA OPAl
        1,946 words
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        Lock icon GLOBAL HOLIDAYS
        182 49 MayS Thailand: Coronation Day. May 11 Hong Kong: Buddha's Birthday. May IB Thailand: Royal Ploughing Ceremony. May 17 Thailand: Visakha Bycha Day. May 18 Malaysia: Vesak Day. Singapore: Vesak Day. May 19 Denmark: Great Prayer Day. May 29 United Kingdom: Spring Bank Holiday. May 31 Brunei: Royal Brunei
        182 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        785 49 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
        785 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        476 49 Carbon ISO Mai 991.2 0.6 15.4 0.09 89 0.05 Apr 27 Density Water tesMue AsA AImMmi S*dlm«nt No above £25 2 0 1 0 3 0 rTT" 380 Art 966.3 0.2 13.0 0.07 37 0.03 [,7m 380 Mm 991.4 0.9 17.4 0.09 71 0.06 WW! »m/m
        476 words
    • AIR & LAND transport
      • Article
        Lock icon Alitalia may seek Air France or Swissair as partner
        610 50 Italian carrier may also opt to sell a minority stake, say analysts Reuters (ROME) Air France and Swissair are Alitalia's most likely tie-up targets following the collapse of its alliance with KLM Royal Dutch Airlines, analysts said But they also said
        Reuters  -  610 words
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        Lock icon Swissair not interested in Italian carrier
        60 50 Reuters [ZURICH] Swiss SAirGroup said that it was not interested in an alliance with Italy's Alitalia after the latter's deal with Dutch KLM fell through on Friday. "Alitalia is for us no subject of discussion, we are already active in Italy with Air Europe
        Reuters  -  60 words
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        Lock icon China Airlines crash probe: HK has not ruled out pilot error
        288 50 Bloomberg [HONGKONG] Hongkong air safety officials have not eliminated pilot error as the possible cause of an August 1999 crash involving Taiwan's China Airlines that killed three people, a government spokeswoman said. Grace Ng, speaking on behalf of Hongkong's
        Bloomberg; FILE PHOTO  -  288 words
      • Article
        Lock icon Aircraft forced to return to Taipei
        218 50 AP [TAIPEI] A China Airlines jetliner aborted its flight to Kuala Lumpur on Tuesday after mechanical trouble forced a quick turnaround back to Taipei, where it landed safely with no one hurt, the company said. Flight CA6SI took off smoothly from Taipei's Chiang Kai-shek
        AP  -  218 words
      • Article, Illustration
        Lock icon Stealing the thunder at Korean show
        73 50 [SEOUL] South Korean inodeis display a Fora Thunderbira at the Korea Import Motor Show yesterday. US car makers Ford and General Motors, which studied troubled Daewoo Motor extensively last year, are both interested in IXiewoo Motor because of the access it offers to the
        REUTERS  -  73 words
      • Article
        Lock icon American Air to buy 20 B757s worth US$1.4b
        265 50 Deal allows US carrier to reduce by two the types of aircraft it flies Bloomberg [FORT WORTH, Texas] AMR Corp's American Airlines agreed to buy 20 Boeing 757-200 jetliners valued at US$l A billion (Ss2 38 billion) letting the second largest US
        Bloomberg  -  265 words
      • Article
        Lock icon Branson's Virgin Blue set for Sept launch
        214 50 Bloomberg [BRISBANE, Australia) Richard Branson's Virgin Group Ltd said its new Australian airline will fly under the banner "Virgin Blue" as it prepares to begin low-fare services before the 2000 Olympics in September. Brisbane-based Virgin Blue Airlines, formerly known as Virgin Australia, said
        Bloomberg  -  214 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2052 50 city flight eta flight en iifiB BA7381 1930 BA7382 2055 SO** 9 fi3 SWO 0110 Of81 1930 OF82 2055 Guangzhou S0803 1910 C23S2 0910 AM8229 2230 CZ351 2045 S0804 1020 H&S2 11™ Hmo) VNS0741 1310 VMS0740 1410 a» 223$ S0VN175 1830 Amsterdam S0327 0715 KL0838 2255
        2,052 words
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      114 38 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com J rn V^ Si JTJCline NIPPON YUSEN KAISHA SENLIM AGENCIES PTE. LTD. I 133, Now Bridge
      114 words
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      90 38 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hong Koofl ft All China Port, lEVERY THUR A SUN VESSEL) [VESSEL VOY OP SIN HA TYO ETA KOB {TA YOK ETA MGO ETA OSA HOUSTON V.*****
      90 words
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      Lock icon Page 38 Advertisements Column 3
      738 38 Lines services represented by Members of the Registry of Members of the K-SfeP9 Accredfted Shipping Agents, Sin 9 a P° re LogisHcs Singapore Shipping Association Association |jjj LILY UNE MALE VESSIL VOY ETA fIU Tlw P. KLANC SPORE MALE Princess Lily VO3OO 13/05 15/05 23/05 Empress Lily VO5OO 27/05 29/05
      738 words
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      1038 39 SAX SERVKE (MRECT) jgj* vor sura uu oaa pal hou ot oa «b* <n kyc **JA« o»9i 12/04 27/04 02/05 02/05 02/05 02/05 02/05 02/05 03/05 03/05 <HC*Bgr 01* 20/04 05/04 09/05 09/05 09/05 09/05 09/05 09/05 10/05 10/05 *IWW. 0191 26/04 11/05 16/05 16/05 16/05 16/05 16/05 16/05 17/05
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      1540 39 rciye o ©HANJIN SHIPPING jipl i Ik Mm Um We *****30 HAMJIN SHIPPM4G (S) PTf LID //wum bqa cmi IOO*i»C *****35 737 SAlfi *****74 731 OOCUMfMT *****71 774 OfIUTKMS *****50 751 MAW LIW *****55 FAX SMI MS (IW IISMWMHB TO NW USA A CANADA USA CANADA' wwi/w ui sm unhau/vot
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      345 39 Vtssa VOY_ _SJ»!_ _«G__VoY_ SIM HKG KEL USD MS JvtSSa 1 VOY I SIM PKG I VESA VOY I SIM JTT 1 IMT( IHSAM 05/05 12/05 14/P5 16/05 17/05 AOYKHn 0150 06/05 10/05 12/05 SASOYI* 3?. 71/05 TIM I imWOAi fftWTB MIS IjMjS IU/CSI U>T( tBUIB6 006S 07/05 Of/OS OOM
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      1628 40 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANS ANAPA VtSStL VOY Ml LtH HTM MM HAW WV FU VtSSR HOT MM GH SK Wj ~VU MTB KANJW KEEIUNG 0074* M 2t OS MO6 25 06 21 06 25 OS PALERMO SENATOR OS39W 11 OS 2(05 JOB 01 06 03 OS 10 OS
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      688 40 MAC-NELS S PORE M'SIA Carrier: MN DONTR LINES, INC p. guoang: (0z)*****26 1 l\ JCW Mtk 1J00»7aP00BB SOU: (064) *****9 MAMLA: (832) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUCUNG (082) *****1-3 HO CHI MINH GENOA/BARCELONA MV "HARI BHUM" V.379N MV
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      775 40 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MULUNO MUMBAUCOLOMBO ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN I C O. POINTS VWMI S PORE N SHEVA COLOMBO PKLANG TULSIDAS V 124 07 MAY 1( MAY 20 MAY 26 MAY CAPE CREUS VIO6W 14 MAY 23 MAY 27 MAY 02 JUN CAPE CANAVERAL
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      1133 41 [VESSEL vov HK6 KHH I SIM H<t BXI IA 6AM UK IRAN BAAKERI PCI-1 S3 05/05 03/05 09/05 10/05 20/05 21/05 23/05 25/05 IRAN HESABI PCI-154 12/05 14/05 19/05 20/05 2S/05 29/05 31/05 02/06 IRAN SHAHRYAR PCL-155 19/05 21/05 26/05 27/05 04/06 05/06 07/06 09/06 IRANftAABAEI PCI-156 26/05 28/05 02/06
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      1125 41 NEW SIKVKI 1 or mkct to Colombo I WSMVS I IGCHEEKSTSIN^IIPORE: 80 ROBINSONRD TEL M 6 1900 FA* *****08 CHmsßD(^l^^^2oslo?^OHO^?OfF!c^^™^™ COSTAR SHIPPING PTE LTD #12-00 saies/bkgs *****57/43 inward dept (D/o) *****85 COSTAR AGENCIES (M) SDN BHD CI NO: *****89Q000M SINGAPORE *****8 CONVENTIONAL *****01/850 T/SHPMT DtPT *****25 TEL 02-07-35 Ml JfML
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      Lock icon Page 41 Advertisements Column 3
      1049 41 EUKOPf IXMMESS SERVICE EXPORT IMPORT a .ra. i.wi. gffi; iijrp if sir if HJ SAW HAHOSCO 017W 13/06 30/06 03/07 j j [QUI 18/05 20/05 22/05 25/05 11/06 K(OTK CAAOOn TO A FW> 11M— MHWHAVBI fKfflf CT Mg«t wi «um MltW WA tIM TRANSPACIFIC StgVTCI EXPORT j IMPORT vissa vor
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      1521 42 EUROPE/UK/SCAND4NAVIA/FINLAND/RUSSIA SERVICES PWKT IMPORT VESSEL/VOYAGE |SGP RDM ;WG IMP .HI ANW LHV VESSEL/VOYAGE "TuiY 1 BUM fIMP iii* IjK I SOP LSSULmZO „08/05 2|/'O5 30/ 05 31,05 OJ/M E tEFINE RE 025 11/Q4 12/04 ;13/04 14/04 .1104 04/05 L DIAMOND R* 013 14, 05 01/06 .OX 04 05 04.06,04 07/06
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      1033 42 A ADVANCE CONTAINER LINES (PTE) LTD Aljl TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********06 -I FOR BOOKINGS PHASE CALL *****22 SALES A MARKETING *****21-28 ■ANCirnir TMWflfitt jakakta •<7 VtSSB. VOY SW IKK VESSEL VOY JM JCT KOIASHa (RM/LCH) KStO55 4/5 Tim 7/5 Sun KOTA MAJUIUTCII MJU2SI
      1,033 words
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      Lock icon Page 42 Advertisements Column 3
      410 42 SO TELOK BLANGAH ROM) #02-02 CfTIPOffT CENTRE S PORE MM2B TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W Vissa VOY ETA ETD KSTMOON NABUKWA 18-2090 87/K/2BN 0&1&7000 PKL BALA* INABUKWA *****0 11/OWBBO 1216.2000 PALEMBANGPKI BALAM IKAGURI *****0 14/05/2000 15/05,200# PONTIANAX ILMAMUI *****0 17******0 IS/K/2MO PONTIANAK For
      410 words
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      401 43 ml MYANMA FIVE STAR LINE (Myaanar National Line) Loading for Yangon VtSSU VOT SIN PKI PIN POU HPA-AN 267W SU SAGAIMG 66W SID MAUYSU AGINTS. OOUSTEAD SHIPPING AGENCIES KUL TU (03)*****00 PKL Ttl (03) 376*101 PEN: IB (04)*****02 PGU: IH (07)*****21/4 BANK LINE (A service of Andrew Weir Shipping) \r
      401 words
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      1197 43 HMNE--1 HYUNDAI MERCHANT MARINE CO., LTD. [VBSB WY I 511 I SOU LBI I RTM I ANT HAM I ROV Ivcsa VOY I SOU I LEH RTN ANT HAN NtV Fa |SI ELK 560W 04/05 22/05 27/05 24/05 25/05 HY ADMMAI 3251 10/04 15/04 12/04 13/04 04/05 lAIOW S34W 05/05
      1,197 words
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      663 43 vftv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" [VESSEL VOY RAMP WIGHT SIN LK I MAO NUA SAV ML ORf NYC HW* MOt TAROWGA AHOIO 400 IMS 6.3 M 09/0$ 09/06 17/04 20/06 22/06 24/06 2S/06 27/06 01/07 06/07 TAIKO AHOII 400T«« 6.3 M 26/0$ 25/06
      663 words
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      743 44 mWKOMItf M WHIT/LAI— CHABANO WW I YOT Iml H 1 MIT I IOL vpsa VOT MM *T m~~ MMMM Htw IMi M/os jMjjjgS |gl -gjffi— Kfl) lETH r m mi m LIZBL- SmSom SI n/os *aSHmi 4IOt 08, 05 12/DS 12/05 3$ jflg JA&MM LS4H BSZBS 12Z85 13/QS IM>5 lIiINF
      743 words
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      347 44 INDONESIA NATIONAL LIME TO AUSTRALIA I FULL CONTAINER SERVICE w wr m m m m m mi m *11w»r ms oar w/os u/ts n/os n/is WIMMU "5T IS/HM/M »/M IMS K/» Msum ~liT oar n/« m/m WHiW JOS W/830/«S »/n u/» i*/S» FEEDER SERVICE TO INDONESIA *v vot munu muum
      347 words
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      531 44 I VESSELS VOT gN PKL I JED MLA LEH RTM HAM ZEE SOT VILLE DE TAURUS A37W 06A36 08X06 17/06 22/05 Z7/06 29X06 3CVO6 .01/00 03/W VILLE D'AQUARIUS U37W 15X06 16X06 25/06 29/06 03/06 04/06 06A» 07*» 08X06 V*l£ DANT/WB E37W SOS HCg Sfi76S osw ittCS iSOB WG6 T&Qe IVXEDEVWOO
      531 words
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      46 47 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Tum t0 Pg 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe To EAST MALAYSIA PORTS 3.t. AalA service DETAILS Pg 8 Pg 7 (Barwil)
      46 words
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  • Page 49 Miscellaneous
    • Miscellaneous
      Lock icon Page 49 Miscellaneous Column 1
      120 49 legend Issued by Meteorological Service Singapore K Thunderstorm Showers Rain Temperature Wind direction and speed in knots Cloudy Day Weather CXO Hszy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Slight, < 1 2m hall fleche represents 5 knots I I
      120 words
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