The Business Times, 30 May 2000

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Microfilm: NL21805
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA(P) 035/12/1999 ft* SINGAPORE Internet: http://business-times.asial .com.sg/ TUESDAY, MAY 30, 2000
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  • Article
    Lock icon MARKET SUMMARY
    66 1 □sn 1833J1 (+12.98) BT-SBI <8751 (+4.38) □SIKSCI FOTDSES 245J0 (+1.70) STOCK MARKET INDICES Monday Change KLSE COMP ***** +&68 NIKKEI 1W4&.44 +237.3 HANG SENG 1M75.07 >***** SET INDEX 308.48 -US JAKARTA COMP _«1« Mi8 MANILA COMP 1,482.77 >6651 TAIPEI WP! 4S8&25 +M.7I SEOUL COMP 666JS -6.73 CLSA CHINA
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  • Article
    Lock icon FINANCE
    75 1 FOREX SATES us$ s$ USS L735 £(U3S/S$ per 1.490 1588 EURO(L'SS/S$/E) 0528 1.610 DM 1108 0.828 YEN 107.0 1.(23 RM 3.800 0.467 HKS 7.790 0523 BABT »J1 0.044 RUPIAH 8,626 0.020 St to 100 units PMME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA 59.00 BANGKOK .9.50 MANILA 11.00 HONGKONG
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  • Article, Illustration
    Lock icon Bomb blast in Medan rattles Indonesian markets
    760 1  -  Four injured, political tension rises while stock market, rnpiah plnnge Front I Shoeb Kagda in Jakarta SOCIAL, political and religious tensions are coming to a boil in Indonesia as for the second straight day, a bomb ripped through Indonesia's third largest city, Medan.
    Source: Bloomberg  -  760 words
  • Article
    Lock icon Vickers, GK Goh say merger plan a win-win for all
    1240 1  -  Ong Beng Seng family finns urge Vickers shareholders to vote against merger By I Conrad Raj [SINGAPORE] Vickers Ballas and G K Goh yesterday defended their plan to merge the two stockbroking houses, saying it would be a win-win deal
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  • Article
    Lock icon PSA Corp expected to raise up to US$4b in October flotation
    456 1  -  Possibly the govt's biggest share offering managers of IPO may be named this week By\ Conrad Raj [SINGAPORE] PSA Corp, operator of Singapore's ports one of the world's busiest and most profitable is expected to float its shares in
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      136 1 msPE BT Comment Developers' price war brewing? Lee Han Sbih shares his views. Pig 10 Top stories National Wages Council calls for taster restoration of Central Provident Fund cut and pay increases and bonuses this year. MmxtPmgm Property bigwigs CDL, Far East and Keppel Land launch construction portal CX Hub.
      136 words
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      18 1 Full text ofYS Fu, Reef statement, Pg 7 Mail Ba£ Evaluate Goh- Vickers proposed merger differently, Pg 9
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      20 1 Singapore Arts Festival I j I V I Why do they give suoport? What do they cjct in 7 7
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Still bullish, despite everything
        186 2 DESPITE the collapse on Nasdaq, six Interest rate hikes and the promise of more rate hikes to come, the sages of Wall Street are still sanguine about the US stock market's prospects this year although much of what they say will depend on what the Fed
        186 words
      • Article
        Lock icon Improve your golf — with a computer
        123 2 Improve your golf with a computer GOLFERS teeing off at Laguna National will soon have access to some high-tech assistance. The club is currently spending several hundred thousand dollars installing global positioning systems (GPS) on all its golf carts. Besides enabling golfers to get exact ball-to-pin distances on the fairways
        123 words
      • Article
        Lock icon Analyse this
        164 2 JUST how valuable is the information provided by analysts in stockbroking firms? Not very, at least when it comes to analysing the biomedical sector in the US. Lloyd Kreiger, a plastic surgeon with an MBA from the University of Chicago, reports in Barron's May 22 issue that he
        164 words
    • Article
      Lock icon Restore CPF faster, pay bonus, urges NWC
      985 2  -  With economy strong, make next adjustment in Jan, it says, and make at least 3% salary MVC By. Anna Teo [SINGAPORE] The National Wages Council (NWC) has called for a faster restoration of the Central Provident Fund cut with the next adjustment brought
      985 words
    • Article, Illustration
      Lock icon SGX will be model for other exchanges, predicts new CEO
      684 2  -  I :j i exclusive ItH be ex-CME board member's first taste of running demutualised and profit-oriented entity By\ Siow Li Sen [SINGAPORE] The Singapore Exchange (SGX) will be a model to follow for exchanges around the world as they demutualise
      SIEW YAW HOONG  -  684 words
    • Article
      Lock icon Communists predict opposition coalition victory in Japan
      503 2  -  Election defeat of LDP coalition will have major economic and political implications Frrrml Anthony Rowley in Tokyo A POSSIBLE election defeat next month for the coalition government led by Japan's unpopular Prime Minister Yoshiro Mori and its replacement by a new coalition of
      503 words
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      102 3 —W" JHI f JE B I Uh HBS I >r if? It-' k" v wfl ->-« J.V-*. V» v.*^ V M "The efficient, professional ser\ ice:-, provided at Centennial Tower enable us to focu-> on our core business. We have absolute confidence in the n highly competent property management team.
      102 words
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  • SINGAPORE companies
    • Article
      Lock icon Reject F&N offer for Times Pub, Rothschild advises
      712 4  -  It says F&N has undervalued firm; bat 46.42% acceptances already received By Ven Sreenivasan IN a surprising twist, the independent adviser to Times Publishing has advised shareholders to reject Fraser Neave's (F&N) offer to take over the company. In a document setting
      712 words
    • Article, Illustration
      Lock icon S'poreans most familiar with DBS Bank, says poll
      333 4 DBS Bank is the financial institution that Singaporeans are most familiar with, according to a survey, while Citibank weighs in as the No 2. According to a survey conducted by Time Inc which rated the top five financial institutions here in terms
      333 words
    • Article
      Lock icon Internet plays: check out the competition first
      663 4  -  lock siew andrew wee HAVE Singapore investors' appetite for Net plays left them with a bad aftertaste? Consider these facts: Homegrown Internet companies Aretae Interactive and WizOffice, both of which have received approvals to list on the Singapore Exchange more than a month
      663 words
    • Article, Illustration
      Lock icon Walk down Orchard Rd – and meet a generous banker
      571 5  - Walk down Orchard Rd and meet a generous banker UOB plays Santa in its latest weekend excursion to bnild its customer base By I Siow Li Sen IF you were on Orchard Road over the weekend, chances are you would have been assailed by any number of buskers, promoters thrusting
      571 words
    • Article
      Lock icon Two DBS funds get CPF approval
      156 5  -  By] Ling Su Ann CENTRAL Provident Fund (CPF) money can now be used to invest in both DBS Bank's multi-manager funds, Eight and Horizon. The two fluids have been approved under the CPF Investment Scheme, the bank said yesterday. Launched in alliance with investment
      156 words
    • Article
      Lock icon Corrections and clarifications
      64 5 IN the table accompanying yesterday's report "Banks, other blue chips are best bets for now", OCBC's group net earnings for 1999 were given as $754.88 million, a rise of 42 per cent over 1998's $531.68 million. These are actually the operating profit figures after provisions. The group's
      64 words
    • Article, Illustration
      Lock icon Terms 'unfair' to Vickers shareholders
      718 7 The following is the text of the statement released by YS Fu Holdings and Reef Holdings yesterday on the proposed merger of Vickers Ballas Holdings and G K Goh Holdings Y S Fu Holdings Pte Ltd Reef Holdings Pte Ltd YS Fu Holdings Pte Ltd
      Y S Fu Holdings Pte Ltd Reef Holdings Pte Ltd  -  718 words
    • Article
      Lock icon OCBC's finatiq launches three index funds
      238 7 Fnnds ran by Vangnard; fees lower than those charged by other unit trusts OCBC's Internet bank finatiq yesterday launched three index funds run by the Vanguard Group, a leading global mutual fund company that specialises in index funds. The three Vanguard funds, available here
      238 words
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      155 4 ir, y -sr.. V wßr -Mr v 1; r <fe -'it* -JV g J&^^^^3s' IpKk y^HEtiFS^- X- JHL ***HD ~JTe<9k« !syHv WBMHKrav SHHra^ •■.flF MB *gEgL| ajsL. •HJ®r Kii B BBwfcg B8 JH Pr/ A B V fl V 'fl IHH VH* > v® j^E. I K j^B.''X. in HL.B;
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      Lock icon Page 4 Advertisements Column 2
      138 4 >M9h TAT HONG HOLDINGS LTD (Incorporated in the Republic of Singapore on 25 October 1991) Invitation in respect of 20,000,000 new ordinary shares of $0.20 each by way of placement ("Placement Shares") comprising:(1) 15,780,000 Placement Shares at $0.30 for each Placement Share; and (2) 4,220,000 Placement Shares at $0.30 for
      138 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Contract manufacturers rally, but market cautious
      530 6  -  l-ll comment STOCKS r. sivanithy A REBOUND in contract manufacturing counters and a handful of blue chips like DBS Bank and F&N were the only highlights in an otherwise cautious and largely nondescript trading session yesterday in the local stock market. Brokers reported that
      530 words
    • Article, Illustration
      Lock icon DB's OUB warrant may be a cheap stag on bank-led rally
      200 6  -  WARRANT WATCH By] R Sivanithy WE'VE featured covered warrants on three of the Big Four local banks. To complete the picture, today's column will focus on the Deutsche Bank covered call on OUB. Like the warrants for DBS, OCBC
      200 words
    • Article, Illustration
      Lock icon Positive technical readings for SingTel
      246 6  -  HOT STOCK Wong Wei Kong SHARES of Singapore Telecom continued their uptrend yesterday, finishing among the session's most actively traded stocks. Sing Tel shares closed up 4 cents or 1.74 per cent at $2.34. The stock opened at $2.29 and hit a day high of
      246 words
    • Article
      Lock icon Market Notices
      163 6 ♦LHT Holdings will hold its AGM on June 9, at 3.30 pm, at 27 Sungei Kadut Street 1. ASJ Holdings will hold its EGM on June 19, at 10.30 am, at 10 Penjuru Lane. ♦SAMUDERA Shipping will hold its AGM on June 16, at 10.00 am, Mandarin Singapore,
      163 words
    • Article, Illustration
      Lock icon Euro breaches 92 US cents, unrest hits Inchon markets
      351 6  -  I-I i comment CURRENCIES larry wee THE euro shone in an otherwise holidaythinned session yesterday, after breaking above key short-term resistance at 92 US cents late last Friday, but concern over rising unrest in Indonesia continued to cast a pall on
      Source: Forbes  -  351 words
    • Article
      Lock icon Untitled
      470 6 Slocks Volume Nat Bee 10c 11,116,000 Omni Ind 10c 9,289,000 SingTel 15c 9,262,000 NH Ceramics 20c 9,191,000 IPC020C 7,914.000 NatSteeiSOc 7212,000 GES Irtl Ltd 20c 6207,000 ChewEuHock 20c 6,012,000 MediaRing 10c 5,460,000 DBSGrp 5,062,000 Slocks t DBS Grp 88,450,215 Chart Semiconductor 26c 66.044.415 NatBeclOc 53,823,260 SiA 34,785,726 Omni (nd 10c
      470 words
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      34 6 www.WlTS.com.sg and netresearch-asia.com are proud to announce a new internet collaboration. Look for Netßesearch in ÜBS Warburg Associates OQ)® (Singapore) Ptc Ltd (Member of the Singapore Kxchange Securities Trading Ltd) Licensed Investment Adviser www.wits.com.sgwww.netresearch-asia.com
      34 words
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      Lock icon Page 6 Advertisements Column 2
      24 6 Do you need flexible financing for your share purchases o Call us at 323-3955 ar,d fine! out what we can do for you ©DBSBANK
      24 words
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      Lock icon Page 7 Advertisements Column 1
      117 7 UNIVERSITY OF LOUISVILLE "Ranked 7th among Top 25 Business Schools in the US" Top American Entrepreneurship MBA offers... ii l-i-A- M >- f instgms tor entrepreneurial success by Prof. Pal Dickson J? !Biea= wTte L 3o May Accredited by AACSB: The International Association for Management Education Accredited by the Commission
      117 words
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      Lock icon Page 7 Advertisements Column 2
      277 7 Solutions. Forward thinking small businesses search for them. T L- T Intel* Pentium* 111 processor6ooMhz *0 QQQ To be more efficient. To be more (OuaipfocessoropaMity) productive. And IBM provides them. 9.1G8 Wide Ultra SCSI 2 hard disk drive monitor Take the Netfinity 3500. It gives you a highly 3 years
      277 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon B2B portal for construction industry
      551 8  -  CityDev, Far East, KepLand form CXhub; substantial savings expected Stories by Andrea Tan PROPERTY heavyweights City Developments, Far East Organization and Keppel Land have come together to form CXhub, a 828 portal that could offer the construction industry savings of up to $500 million yearly
      ALAN LIM/ST  -  551 words
    • Article
      Lock icon Deregistered vehicles: more scrap yard operators
      242 8 NATSTEEL'S monopoly of the scrap vehicle market may come to an end soon. The Land Transport Authority (LTA) yesterday said scrap yard operators can now also apply to provide scrapping services for vehicles deregistered under the Road Traffic Act. This, it said, will free
      242 words
    • Article
      Lock icon Private investment fall to bottom out: DBS
      315 8  -  153 ornn^economy investment Byi Audrey Tan THE fall in private investment is likely to bottom out in Singapore and the other Asian countries this year, says DBS Bank. This, along with an expected pickup in private consumption, will drive an acceleration in Asia's
      315 words
    • Article
      Lock icon GE Equity makes first Internet investment in Singapore
      369 8  -  I :ii exclusive By 1 Ling Su Ann GENERAL Electric Equity, the private investment arm of GE Capital, has made its first Internet-related investment in Singapore through homegrown application service provider LTA/i-Admin. GE Equity is the private investment arm of GE Capital
      369 words
    • Article, Illustration
      Lock icon Next Level aims to build global network
      305 8  -  By Toh Han Shih SINGAPORE startup Next Level aims to be a global network of technology companies by taking ASPs to the next level. "Next Level is all about building a global network of ASPs," Ramesh Nava, the company's founding chief executive told
      ARTHUR LEE  -  305 words
    • Article
      Lock icon Properly market unlikely to go downhill: Leng Joo
      332 8 CityDev chief doesn't see big rise in interest rates ALTHOUGH the property market has been generally quiet this year, it is unlikely to go downhill, said Kwek Leng Joo, managing director of City Developments. "Looking forward, it doesn't look like the property
      332 words
    • Article
      Lock icon NTUC supports monthly variable wage proposal
      470 8  -  MWC GOTDHUMES By Eugene Low THE National Trades Union Congress (NTUC) has thrown its weight behind the National Wage Council's proposal to have all companies pay part of their wage increases this year in the form of a monthly variable component (MVC). Building the
      470 words
    • Article, Illustration
      Lock icon Let the Caran flow
      155 8 TO celebrate this year's Arts Festival, Caran d'Ache and The Business Times have organised a contest with fine pens as prizes. Contestants are required only to answer two simple questions, published every Wednesday and Saturday, from May 31 to June 28. Details will be published in
      155 words
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  • MAIL bag
    • Article, Illustration
      Lock icon Over 30,000 citizens, PRs serve CCs
      461 9  -  Private clubs cannot offer the community bonding which CCs do. William YM Chew Senior Deputy Director (Public Affairs) For Chitf Executive Director People's Association WE REFER to Ong Yang Peng's letter "Let citizens run Community Clubs" (BT, May 26). We are surprised by Mr
      FILE PHOTO  -  461 words
    • Article
      Lock icon Evaluate Goh-Vickers proposed merger differently
      376 9  -  Denis Distant I REFER to the report "Ong Beng Seng stands in way of Goh-Vickers" (BT, May 26). The report bases a claim that "the proposed union of the two brokerages is not equal as trumpeted" on the premise that GK Goh's closing share price
      376 words
    • Article
      Lock icon Diesel in S'pore of comparable quality
      166 9  -  Billy Chew for Permanent Secretary Ministry Of The Environment WE refer to the letter "Diesel used in S'pore is too 'heavy'" from Ong Tiong Meng (BT, May 29). We agree with Mr Ong that cleaner diesel will result in lower emissions of particulates from
      166 words
    • Article
      Lock icon Investors do expect dividend returns
      263 9  -  Narayana Narayana IN the Hock Lock Siew column "Dividends still peanuts in most cases" (BT, May 12), your writer says: "Only 24 (companies) paid 10 cents or more a share. One hundred and seventeen paid three cents a share or less." While it is not
      263 words
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      Lock icon Page 9 Advertisements Column 1
      124 9 ;-,^M||j^B^^^^3^w^HHb A fltfn wpit lniighti from tti— comptnix itttwwnt I Autoscan Technology L»y Software Associates t- 111 j|^f)(Ti T 1 Ecnet Limited MacotaSoftware 4 V *t, I Epicor Software (Asia) Pte Lid MAPtCS ~f' fafftfoi y^mWoW^^ s f -i 'B Exact Software Singapore Pte Ltd Magnus Management Coreulants IPS Industrial
      124 words
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      149 9 You can e-mail us at com.sg or fax us at *****71, or mail your tetter s to: The Business Times, Tknee House, 390Kim Seng Road, Singapore*****s. Please give your full name, address and telephone number. v J&JIHV' I* nhfifwira 5 vnni r? it icvi yuui s §»1M lilil at the
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  • FOCUS property
    • Article, Illustration
      Lock icon A war waiting to break out
      654 10  -  ■=i comment PROPERTY Developers are at their wits' end trying to attract buyers without openly competing on price lee han shih THE housing market reached a milestone of sorts over the weekend. For the first time in a long while, there were more advertisements
      654 words
    • Article, Illustration
      Lock icon New condos achieve modest weekend sales
      640 10  -  Sold: more than 20 Sanctuary Green units, 7 at Tishnn Sapphire, 12 at Hillington Green By] Kalpana Rashiwala DEVELOPERS generally continued to achieve modest sales success for their projects over the weekend, amid the current soft sentiment due to the lacklustre stock market. However,
      640 words
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      Lock icon Page 10 Advertisements Column 1
      285 10 A Jones Lang I \y)]) LaSalle. I 68 Grenfell Street HIGH YIELDING INVESTMENT f f Landmark building with dominant -w-dl presence over Grenfell Street I and Gawler Place intersection JSMPO Net income SA97o.ooopa approx. "L FOR SALE BY EXPRESSIONS OF V|j I INTEREST CLOSING 4PM (CST) 6TH JULY, 2000 AT
      285 words
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      763 10 J Limited NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Annual General Meeting of the Company will be held at 11 Tampines St 92 #04-00 Singapore *****2 on 19 June 2000 at 9.00 a.m. for the following purposes: AS ORDINARY BUSINESS 1. To receive and adopt the
      763 words
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      Lock icon Page 10 Advertisements Column 3
      132 10 Freehold Bungalow Site Along Mountbatten Road i ..A.\ Site area: 5,133-7 sq m I f (55,259 sq ft) J Possible to accommodate ~jo| jI u^L2*ATTt N 7 bungalows, including 2 y®' "T 1 existing house to be conserved J J—/*/— For Sale by Tender J L Closing: Tuesday, 27 June
      132 words
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  • eNews
    • Article
      Lock icon Star says it may not go ahead with HKT Web joint venture
      348 11 HONGKONG Bloomberg NEWS Corp's Star TV said it may not proceed with its Hongkong Web joint venture with Cable Wireless HKT Ltd, the city's largest telephone company, because the cost of running some of the venture's businesses is
      Bloomberg  -  348 words
    • Article
      Lock icon EU power firms plan huge buying Web
      185 11 LONDON Reuters TWELVE of Europe's power utilities are to set up one of Europe's largest online procurement exchanges doing business worth at least 22 billion euros (Ss3s billion) a year, industry officials said on Sunday. Scottish Power Pic, which with Spain's Endesa leads
      Reuters  -  185 words
    • Article, Illustration
      Lock icon Softbank set to list finance unit later this year
      574 11 TOKYO Softbank Finance aims to become Japan's largest Net financial portal Reuters JAPAN'S biggest Internet investor Softbank Corp said yesterday its financial unit Softbank Finance Corp will go public this year to build up funds in a drive to become Japan's
      Reuters; FILE PHOTO  -  574 words
    • Article
      Lock icon Chen asks Softbank chief for help
      245 11 TAIPEI President wants Taiwan to become 'silicon island* AP AFX-Asia Bloomberg PRESIDENT Chen Shui-bian met Masayoshi Son yesterday and asked the the founder of Japan's Softbank Corp to help him turn Taiwan into a "silicon island". Mr Chen invited Mr Son to be his
      AP; AFX-Asia; Bloomberg  -  245 words
    • Article, Illustration
      Lock icon Should Napster be allowed to survive?
      701 11 WASHINGTON This debate is raging in both the high-tech and US recording circles AFP THE most contentious issue in Silicon Valley these days is not whether Microsoft should be divided into two or three separate companies, but whether an upstart computer program called "Napster"
      AFP; FILE PHOTO  -  701 words
    • Article
      Lock icon G-7 to agree on the need to tax sale of digital information via the Net
      277 11 TOKYO Bernama-Kyodo FINANCE ministers of the Group of Seven (G-7) economic powers will agree on the need to tax the sale of digital information such as software and music via the Internet, at their meeting
      Bernama-Kyodo  -  277 words
    • Article
      Lock icon Lucent set to pay US$5b in stock for Chromatis Networks
      466 11 NEW YORK It wants to break into optical networking business FT LUCENT Technologies, the world's biggest telecommunications equipment maker, is poised to pay around US$5 billion (SsB.7 billion) in stock for Chromatis Networks, a two-year-old private company, to break into
      FT  -  466 words
    • e Briefs
      • Article
        Lock icon Tokyo firms to form company in Aug
        137 11 AFX-Asia [TOKYO] Itochu Corp, Marubeni Corp and the Mizuho Financial Group plan to set up a company in August to handle documentation for international trade via the Internet, the Nihon Keizai Shim bun newspaper cited informed sources as saying. The company will hire
        AFX-Asia  -  137 words
      • Article
        Lock icon NTT DoCoMo stays mum on report
        122 11 Reuters [TOKYO] NTT DoCoMo Inc, Japan's top cellular phone carrier, yesterday declined to comment on a report it was in talks with South Korea's largest mobile telecom firm, SK Telecom, to take a 10 to 20 per cent stake. The Japanese telecom giant hoped
        Reuters  -  122 words
      • Article
        Lock icon S Korean firms in Net venture
        80 11 Reuters [SEOUL] South Korea's Samsung Corp and four other units of major conglomerates agreed yesterday to launch a joint-venture company to jointly purchase and on-sell office products via the Internet. "We signed a memorandum of understanding to set up a joint venture firm by
        Reuters  -  80 words
      • Article
        Lock icon ConSor to buy control of Berliner
        53 11 Bloomberg [NUREMBERG, Germany] ConSors Discount Broker AG, Europe's No 2 online broker, said it will buy control of Berliner Effektengesellschaft AG for 250 million euros (Ss4o2 million) and set up a venture with the Berlin bourse, bidding to cut costs as the battle for
        Bloomberg  -  53 words
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      28 11 V--1 t-r- 3?"^'"•'■■'■'••' :~':"-X <'?■"'■ ~T,'\ *;f "TOaar .._i Make your dreams come true with the perfect home from The Straits Times Classified. Buy H. ScS h. Find H.
      28 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon New Labour's tactics foiled in London
      886 12  -  ■STTT^ bottom line OPINION david mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant in the United Kingdom. He contributed this article to BT. TO no one's surprise, "Red Ken" Livingstone
      886 words
    • Article
      Lock icon IN OTHER WORDS
      89 12 'It's just gone. There's a hole in the market. Money coming in can look like cash flow, but it's not benefiting investors because the market is falling even faster.' Edward Rosenbanm director of research at a mutual fund tracking company, on what has happened to Nasdaq investors.
      89 words
    • Article
      Lock icon A bizarre plot in Indonesia
      617 12 EDITORIAL THE drama is bizarre —a plot straight from a movie script An Indonesian masseur runs away with piles of cash. His boss orders the police to track him down all the way to Laos. But this is no ordinary police-and-thief stoiy. The fugitive is
      617 words
    • Article, Illustration
      Lock icon Is China trade vote such a triumph for Clinton?
      1347 12  -  US House's decision to grant China PNTR was just a tactical legislative victory for the president By Leon Hadar The writer is BT's Washington correspondent THE White House's effective spin doctors seemed to have won the public relations debate in the
      FILE PHOTO  -  1,347 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      696 12 West Bank violence HOW can the new explosion of violence in the West Bank be explained? Is it again the Israelis' fault, their reluctance to negotiate a peace accord with the Palestinians? No, it's not this. The Israeli prime minister, Ehud Barak, has been working hard
      696 words
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  • MALAYSIA news
    • Article
      Lock icon Danaharta names two to control Abrar's affairs
      246 13 KUALA LUMPUR Reuters MALAYSIA'S national asset management company Danaharta said yesterday it had appointed special administrators to assume control of the assets and affairs of construction and finance firm Abrar Corporation Berhad and Abrar Group International. The administrators, Lim San Peen and Gong
      Reuters  -  246 words
    • Article, Illustration
      Lock icon Petronas keen on tie-up: Dr M
      468 13  -  He says an alliance with Pertamina would help in bid to take on global giants From] Eddie Toh in Kuala Lumpur MALAYSIA'S Petroliam Nasional (Petronas) is keen to forge an alliance with its Indonesian counterpart, Pertamina. in a bid to take on the global
      REUTERS  -  468 words
    • Article
      Lock icon Pertamina seeking regional alliances
      221 13 KUALA LUMPUR It may tie-up with Malaysia in USsBoom project AFP INDONESIA'S state oil, gas and mining company Pertamina is seeking alliances with regional players, especially Malaysia, to boost the industry, its chief said yesterday. Pertamina hopes to tie up with Malaysian oil corporation Petronas to
      AFP  -  221 words
    • Article
      Lock icon Sime Darby expected to post lower earnings
      199 13 KUALA LUMPUR Reuters SIME Darby Bhd, dubbed the bluest of Malaysia's blue chips, is on track to post much lower 2000 earnings because of continuing weak palm oil prices and lower exceptional gains. One of South-east Asia's largest conglomerates, Sime Darby releases its
      Reuters  -  199 words
    • MARKET moves
      • Article
        Lock icon MSCI boost
        71 13 MALAYSIAN stocks came alive yesterday ahead of the reinstatement of the country in the Morgan Stanley Capital International indices tomorrow although many market players have discounted the impending move. Investors bought MSCI-linked stocks like Maybank (up RMI to RM16.60), Tenaga Nasional (up 70 sen to RM14.40) and Beijaya
        71 words
      • Article
        Lock icon NSTP down on market share worries
        100 13 THE New Straits Times Press shed 30 sen to RMI 1.40 following the departure of its editor-in-chief A Kadir Jasin. Analysts said the fall in the share price has little to do with the resignation of the former editor, who is said to have
        100 words
      • Article
        Lock icon Resorts bounces back
        62 13  -  Compiled by Eddie Toh RESORTS World finally staged a rebound yesterday after dropping by 20 per cent last week. The counter gained 60 sen to RMI 1.80 but investors are still wary of the company as it may declare losses for the first time this financial year
        62 words
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      384 13 'Move in Internet time at the^**" mm e-business hub.' Ms Lim Kwee Enn, gpl* Woman Entrepreneur of the Year 1999, knowledge Engineering Pte Ltd Jk 'Now you can move in Internet time at the e-business hub. Bl j9B; Here at Suntec City, all offices can be linked to a central
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  • SOUTH east asia
    • Article
      Lock icon Thai stockbrokers roped in to revive comatose market
      676 14  -  They will present proposals to the finance ministry, analysts suggest liberalisation as the way forward From 1 Harish Mehta in Bangkok THE Thai Securities Association (TSA) yesterday said it is working on a plan to revive the comatose stock market together with
      676 words
    • Article
      Lock icon Thailand to convert most debt into baht
      259 14 BANGKOK Bloomberg THAILAND plans to swap most of its foreign-cur-rency debt into Thai baht by selling bonds or borrowing funds from domestic lenders, in an effort to avoid higher interest payments as US interest rates rise. The government will raise funds from within
      Bloomberg  -  259 words
    • Article, Illustration
      Lock icon Suharto put under house arrest: Indonesian A-G
      269 14 AFP [JAKARTA] Former Indonesian president Suharto, currently under investigation for alleged corruption during his 32-year rule, has been put under house arrest, the attorney-general's office said yesterday. "As of today, Suharto's status has been shifted from city arrest to house arrest," Yushar Yahya,
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    • Article
      Lock icon Urban Bank in sale agreement with Bank of Commerce
      369 14 MANILA Rehabilitation pi*" must be submitted to regulators first Bloomberg URBAN Bank, the largest Philippine lender to fall victim to the 1997 Asian financial crisis, will be sold to the Bank of Commerce, an Urban Bank shareholder said. Social Security System
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    • NOTE Book
      • Article
        Lock icon Bank Central Asia IPO oversubscribed
        59 14 AFX-Asia [JAKARTA] The initial public offering of PT Bank Central Asia was 15 per cent oversubscribed, the Indonesian Bank Restructuring Agency (Ibra) said. "This figure was based on the final count, (which) closed on Friday," Ibra's bank restructuring department spokesman Garin Sia said. Foreign investors
        AFX-Asia  -  59 words
      • Article
        Lock icon Sampoerna Q1 profit rises 79%
        81 14 Bloomberg [JAKARTA] PT HM Sampoeraa, Indonesia's second-largest "kretek" clove cigarette maker, said its first-quarter profit rose 79 per cent, helped by stronger sales and lower foreign-exchange losses. Profit reached 347 billion rupiah (5J69.4 million), or 380 rupiah a share, compared with 194.3 billion rupiah, or
        Bloomberg  -  81 words
      • Article
        Lock icon Bank CIC in 103b rapiah rights issue
        96 14 Bloomberg [JAKARTA] PT Bank CIC, an Indonesian tender 19 per cent owned by George Soros' Quantum Fund, plans to boost capital by selling rights worth 108 billion rupiah (5520.6 million). Shareholders can buy five new shares at 200 rupiah each for every share
        Bloomberg  -  96 words
      • Article
        Lock icon Ibra reschedules Satelindo debt
        88 14 Bloomberg [JAKARTA] The Indonesian Bank Restructuring Agency (Ibra) will sign an agreement to reschedule nearly US$6OO million (551.03 billion) in debt owed by PT Satelit Palapa Indonesia, the country's second-biggest cellular phone company, today. Satelindo, which is 25 per cent owned by Deutsche Telekom Asia, owes
        Bloomberg  -  88 words
      • Article
        Lock icon Manila to draw US$300m from IMF
        61 14 AFX-Asia [MANILA] The Philippine government will draw (town US$3OO million (Sssl9 million) from the International Monetary Fund's stand-by credit facility after an IMF mission completes its review of the current economic programme this week, central bank governor Rafael Buenaventura said. He said the IMF
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      927 14 The Sumitomo Trust Banking Co., Ltd. (Incorporated in Japan with Limited Liability) Consolidated Balance Sheets Consolidated Statements of Operations As at March 31,1999 and 1996 For yaaraandad March 31,1999 and 1998 Millions ofYbn Millions ofYen 1999 1998 1999 1998 Aaeeta: Income: Cash and Due from Banks 968,673 1,615.038 Trust Fees
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  • EAST asia
    • Article
      Lock icon China Unicom to raise up to US$5.3b
      477 15 HONGKONG It will offer shares at HKSII.SO to HK$l45O each in a dual listing Reuters CHINA Unicom Ltd, China's second largest telecommunications provider, yesterday kicked off one of Asia's big-gest-ever IPOs, aiming to raise up to US$5.3 billion (559.2 billion) in a Hongkong
      Reuters  -  477 words
    • Article
      Lock icon HK land auction as planned
      159 15 HONGKONG AFP THE Hongkong government will go ahead with a land auction next month, despite lukewarm responses from developers due to falling property prices, a government official said yesterday. Gordon Siu, planning and land secretary, told reporters that the land auction for two sites in
      AFP  -  159 words
    • Article
      Lock icon Toyota gets final nod for China joint venture
      221 15 ■TOKYO Reuters JAPAN'S biggest automaker Toyota Motor Corp said yesterday it had won approval from the Chinese government to launch a joint car venture in Tianjin, its first move into the potentially lucrative China market. In a widely-anticipated move, the world's third-larg-est
      Reuters  -  221 words
    • Article, Illustration
      Lock icon Back home again
      80 15 [BEIJING] A Chinese couple examining one of the three bronze animal heads—an ox, a monkey and a tiger (shown above) —on display at a private museum here yesterday after they were sold to a mainland company at an auction in Hongkong earlier this month. Considered national treasures
      AFP  -  80 words
    • Article
      Lock icon Report: CyberWorks, HKT may trim assets
      209 15 HONGKONG Strategic tie-ups, listing core units will help lower debt Reuters CABLE Wireless HKT is willing to give up a controlling stake in core units in favour of trimming combined Pacific Century CyberWorksHKT debt to a "comfortable level", the South China Morning Post said
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  • SOUTH asia
    • Article
      Lock icon Indian dotcoms in big-budget ad blitz
      510 17 NEW DELHI Brash new portal players are boosting ad revenues of the traditional media IT is not every day that Indian readers are greeted with a virtually blank front page when they pick up their newspapers. But when Indian portal club Indya.com decided on
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    • ASIA Notes
      • Article
        Lock icon Indian Industry upbeat: survey
        81 17 AFX-Asia [BOMBAY] The Confederation of Indian Industry's interim report indicates business confidence in the country is improving, with profit margins seen rising over the next six months, The Financial Express reported. The report said the latest survey affirms the existence of a "feel good" factor in
        AFX-Asia  -  81 words
      • Article
        Lock icon Sinha rules cut review of tax pact
        76 17 AFX-Asia [BOMBAY] Indian Finance Minister Yashwant Sinha has ruled out any review of the existing double-taxation treaty between India and Mauritius, the Business Standard reported. Recent reports said a New Delhi court had asked the government to submit facts about the treaty following
        AFX-Asia  -  76 words
      • Article
        Lock icon UTI equity funds soars 476%
        82 17 AFX-Asia {BOMBAY] Investments in Unit Trust of India's equity funds rose 476 per cent to 15 billion rupees (SssBo million) in the year to June, from 2.60 billion rupees a year earlier, the Business Standard reported. The Trust's debt funds were also up 100 per
        AFX-Asia  -  82 words
      • Article
        Lock icon Indian road builder to sell bonds
        54 17 Bloomberg [NEW DELHI] National Highways Authority of India plans to sell 4 billion rupees (Ssls7 million) of bonds within a year. It has shortlisted three merchant banks to manage the saIe—ICICI Securities, Kotak Mahindra Capital and a partnership of Infrastructure Development Finance Corp and
        Bloomberg  -  54 words
    • Article, Illustration
      Lock icon Taxing times
      59 17 [RAWALPINDI] Pakistani women walking down a deserted market street here yesterday. Memy merchants across Pakistan closed their shops to protest a tax survey designed to impose a retail tax. The protest is the most organised one against the military regime which seized power last October. The military says
      REUTERS  -  59 words
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      765 18 -V-*' WjM3734. fT ■CE32.1418 ■P -ite I jkj Ifl I f-s COlTt?'* >»(«>« I Wl OfTstarted" W '«w w l"" mm mm ri.^— S V*" hp;> w>* mm maml-;m nam *22 133 I-- ■him UP IS" 1 5H -B Wi «M| f{i|H H I GMUT' 1 52* K"'» WT ■■k
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  • WORLD news
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      Lock icon EU rejects US proposal to overhaul tax rules for exporters
      559 19 BRUSSELS It threatens to file new WTO complaint to force the abolition of offshore US tax shelters Bloomberg THE European Union rejected a US proposal to overhaul tax rules for American exporters, threatening to file a new World Trade Organization
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    • Article
      Lock icon World Bank head foresees clearer IMF, Bank roles
      323 19 THE HAGUE Reuters THE separate roles of the World Bank and the International Monetary Fund should be much clearer within a year, World Bank president James Wolfensohn said yesterday. The World Bank would probably end up focusing on development issues, leaving the
      Reuters  -  323 words
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      Lock icon To North Pole in a basket
      69 19 [LONGYEARBYEN, Norway] Handout of the Britannic Challenge being flown by British adventurer David Hempleman-Adams who left the launch pad in Longyearbyen, Norway, on Sunday, on his bid to become thefirst person to fly a balloon with a wicker basket to the North Pole. The
      AFP  -  69 words
    • Article
      Lock icon Daewoo Motor to get 310b won from its creditors
      417 19 SEOUL Bloomberg DAEWOO Motor Co's creditors agreed yesterday to supply an additional 310 billion won (*****.1 million) to the debt-ridden carmaker after a labour strike last month reduced production and sales. The news came a day after Hyundai Engineering and Construction,
      Bloomberg  -  417 words
    • Article
      Lock icon Japanese call for yen-based imports from Asia
      370 19 ■TOKYO AFP EXPERTS sponsored by Japanese industry and finance have drawn up a novel proposal, which flouts World Trade Organization rules, to encourage the use of the yen in East Asia. Tied imports, rather than exports, are at the heart of the plan
      AFP  -  370 words
    • Article
      Lock icon Greenspan gets to grips with his Mission Impossible II
      576 19 WASHINGTON The challenge is to slow down US growth by just enough to keep the expansion on track FT TWO summers ago, Alan Greenspan and his colleagues at the Federal Reserve pulled off Mission Impossible. As the world plunged into its
      FT  -  576 words
    • WORLD Watch
      • Article
        Lock icon Aussie funds wary of tech stocks
        97 19 Reuters [SYDNEY] Still smarting from tne teen stock slump, Australia's institutional investors are continuing to give the sector a wide berth despite some likely bargains. While a handfUl are prepared to dabble in some of the better quality stocks, others want clear signs the
        Reuters  -  97 words
      • Article
        Lock icon European notes may fall on rate fears
        72 19 Bloomberg [LONDON] European notes may tail amw growing concern the European Central Bank will raise borrowing costs higher than expected to stem inflation. The ECB is "probably going to increase (rates) by more than is priced in", said Kieron Nutbrown at Schroder Investment
        Bloomberg  -  72 words
      • Article
        Lock icon Korea slips into current account deficit
        79 19 Bloomberg [SEOUL] South Korea swung to a current account deficit for the first time in 30 months in April as financial companies paid more interest on loans to foreign creditors and fast economic growth brought a surge in imports. The current account fell to
        Bloomberg  -  79 words
      • Article
        Lock icon World Bank to fund E Europe projects
        54 19 Reuters [PARIS] The World Bank and the Council of Europe Development Bank said they will sign an agreement today that will allow them to co-finance projects in eastern Europe. The two already have cooperation agreements through joint operations in Bulgaria, Bosnia and Herzegovina,
        Reuters  -  54 words
    • Article
      Lock icon Japanese output dips but outlook bright
      498 20 TOKYO Household spending fall also seen but BOJ says rate hike likely soon as deflation fears abate Reuters JAPAN'S industrial output shrank in April but analysts said yesterday that recovery hopes remained alive and the central bank reinforced its eagerness to raise interest rates
      Reuters  -  498 words
    • Article
      Lock icon Saison group's property firm facing collapse: report
      306 20 ■TOKYO AFP A TROUBLED real estate firm within Japan's Saison retailing group is likely to be liquidated with debts of US$4.9 billion (SsB.s billion), a report said yesterday. Saison's group companies and its banks, including Dai-Ichi Kangyo Bank Ltd, had concluded it would
      AFP  -  306 words
    • Article
      Lock icon Japan firms' profit rise masks tough conditions
      488 20 TOKYO High-tech firms booming, but not those depending on consumer demand Reuters AN apparently strong recovery in Japanese company profits last year shows widespread restructuring and a high-tech boom are starting to pay off for some firms, but masks the harsh conditions still
      Reuters  -  488 words
    • Article, Illustration
      Lock icon No rush for extra budget, Tokyo tells IMF
      245 20 [TOKYO] The International Monetary Fund (IMF) yesterday urged Japan to draft an extra budget for more economic pumppriming —a call rebuffed by Finance Minister Kiichi Miyazawa, who said there's no need to act hastily. The IMPs first managing director, Stanley Fischer, met
      245 words
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      98 19 "Knowledge is of two kinds. We know "Search over." a subject ourselves, or we know where Microsoft sql server we can find information upon it." to use than its closest competitor. And in the long run, that translates to a M lower Total Cost of Ownership To find out more
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      1236 20 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I DtCOMPANESACT OP 50 CAME OEMLOPHOfTPTE LTD (MienVVOLUNDIfmiUMIIM) At an ExtraonSnary General Meeting of CAME DEVELOPMENT PTE LTD duly convened and held at 181 Thomson Road, Gofcfii Centre, Singapore *****7 on Wednesday, the 17th day of May 2000. the
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      45 21 96% of the FORTUNE e-50* run Oracle. 4 Now tell us again where the business Internet begins? ©2000 Oracle Corporation All rights reserved. Oracle and Software Powers the Internet are registered trademarks of Oracle Corporation. Other names may be trademarks of their respective owners WWW.OraCI6.COm
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  • FINANCE & commodities
    • Article
      Lock icon Futures track cash market upwards
      309 22  -  SGX Derivatives TradingReports MSC1 Singapore Index Daphne Tay THE Singapore stock market closed higher yesterday with keen interest seen in those stocks that will be included in the Morgan Stanley Capital International's Singapore Free Index with effect from May 31. The Straits Times Index closed
      309 words
    • Article
      Lock icon Rollovers dominate futures trading
      294 22  -  MSCX Taiwan ftitnres Chan Yet San THE Taiwan stock market ended slightly higher in slow trade yesterday. Investors have stayed away from the market, as there is not much good news to look for either from Taiwan or the US. The Taiwan Stock Exchange Weighted Price
      294 words
    • Article
      Lock icon Opec unlikely to up output in June
      124 22 ENERGY REPORT Bloomberg [KUALA LUMPUR] Oil exporters will likely hold off boosting output in June to halt rising prices as some of Opec's members do not have spare output capacity and wiU not be able to raise production until the year-end, producers said.
      Bloomberg  -  124 words
    • Article
      Lock icon CURRENCY REPORT
      333 22 Reuters London THE euro drifted lower yesterday after staging a steep rally to one-month highs last week against the dollar, as the market took a breather amid diminishing liquidity due to a holiday in Britain and the United States. While a correction lower was seen as inevitable after
      Reuters  -  333 words
    • Article, Illustration
      Lock icon Untitled
      1285 22 CROSS RATES May 29 A$ ttJMMhW Ffr Dw HUS Ind ts Kwytalt Yon Won ftU WZ$ Pafc to Ptso S$ Bud Sfr MT$ UM Hmt USS Australia 0.860 4.753 0.617 4.049 1.207 4.463 25.*****.405 0.613 6.514 2.176 U49 ***** 24.456 0.994 4.069 0.967 17.664 22.456 0.384 0573 Canada 1162 5.525
      1,285 words
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      Lock icon Untitled
      1870 22 SICOM FUTURES May26 RUBKR (Mures ctostoqas at 5J0p«) RSS1 CONTRACT CS centsA*)) CkM* Votoroe OpM Mowtfc Mpji Low Sett (tonnes) Urtorest Jon 00 IM.50 MOO 116.00 Aua 00 1T7.00 400 Sep 00 H9.00 400 RSS 3 CONTRACT (US crrtsAq) VotaW OpM Mont* Wqfi Iam Stt (ton—<) Interest JIM 00 64.00
      1,870 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon Hang Seng rises 1.8% on futures short-covering
      2619 23 HONGKONG AFP HHaiflSeng ****** HONGKONG share prices rose 1.8 per cent yesterday on short-covering ahead of the expiry of futures contracts, dealers said. "The rise is due to shortcovering ahead of settlement of the May future contracts tomorrow," said Michael Ng, deputy managing
      AFP  -  2,619 words
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      Lock icon CHINA
      848 23 Reuters HShaAaßMii 43 CHINA'S B shares closed sharply higher yesterday, buoyed by renewed rumours the government may allow domestic investors access to hard currency shares through B share mutual funds, brokers said. The Shanghai B Share Index surged 8.8 per cent or 4.19 points to 51.69 as turnover rose
      Reuters  -  848 words
    • Article
      Lock icon TAIPEI
      337 23 AFP HWPhte *28.71 TAIWAN stock prices closed 0.34 per cent higher yesterday in lacklustre trade after late selling offset earlier gains, dealers said. The Taiwan Stock Exchange Weighted Price Index climbed 28.79 points to 8,588.25, on turnover of NT178.73 billion. "Buying interest began to wane in the latter half
      AFP  -  337 words
    • Article
      Lock icon Nikkei up on bullish profit forecasts
      1775 23 TOKYO AFP PBMBS *237.3 SHARE prices in Tokyo closed 1.5 per cent higher yesterday, led by hopes of bigger corporate profits and stepped-up demand for information technology issues, brokers said. The key Nikkei 225 Index on the Tokyo Stock Exchange ended 237.3 points higher
      AFP  -  1,775 words
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      43 23 You never actually own a Patek Philippe. /KSSmk 7 r r PATEK PHIUPPE You merely xfeSygF Begin your own tradition. look after it for the next generation. wBS Annual Calendar For information: Geneva Master Time, Tel: (65) 732 1506. www.patek.com by Palek Philippe
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL shares surge 2.6% on technical rebound
      409 24 AFP F1 Composite Index +22J6& SHARE prices rose 2.6 per cent yesterday on a technical rebound and ahead of Malaysia's reinstatement in the influential Morgan Stanley Capital International (MSCI) indices later this week, dealers said. The Kuala Lumpur Stock Exchange Composite Index finished
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    • Article
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      8200 24 INDUSTRIALS Consumer predicts 2000 Lilt Vol Day Net Cap Low jgWj S<k OOO High Low P/E Smil 420 310 Alinomoto 364 4 1 364 364 19.9 147.5 IM 88 Angkasa 89 2 130 92 88 131-2 670 290 Apollo Food Hlg 496 6 1 496 496 11.8 198.4 3300 2700
      8,200 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2439 25 BONDS &WARRA11TS May 29 55T" > U- Caavaay |3» *m- CMM «T U. ST"* JSS SZ iZ mTS s ti :1s 1 ssgggfo 5 -j S 2 i 1 3 53 12 s 3048 ArmstrongW*****0 12 *3 J" m 2'i 1 166 369 214 26 172 J 17.5 m s
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      Lock icon BANGKOK
      750 25 AFP □set Index -U3 BANGKOK shares closed down 1.5 per cent yesterday, as the index continued to be vulnerable to external factors and investors waited for fresh economic data from the Bank of Thailand, dealers said. The Stock Exchange of Thailand (SET) Composite Index dropped 4.63 points to close
      AFP  -  750 words
    • Article
      Lock icon MANILA
      284 25 AFP □Composite Index +55^1 THE Philippine Stock Exchange Composite Index rose 4 per cent or 55.51 points to close at 1,482.77 on bargainhunting and a stronger peso. Turnover fell to 825 million shares worth 1.11 billion pesos from 2.40 billion shares valued at 2.54 billion pesos on Friday. —AFP
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      Lock icon JAKARTA
      635 25 AFP POwnpoate Intel -20J8 INDONESIAN share prices plunged 4.3 per cent yesterday on domestic political concerns following two days of bombings in Medan, the capital of North Sumatra province, dealers said. The Jakarta Stock Exchange Composite Index closed down 20.68 points at 461.39 on volume 0f552.19 million shares valued
      AFP  -  635 words
    • Article
      Lock icon WELLINGTON
      259 25 AFP niBSE-40 «M 8 NEW Zealand shares rose 0.3 per cent yesterday as key stocks were seen as undervalued, dealers said. The NZSE-40 Capital Index ended up 5.48 points at 1,994.74, on turnover of NZ$l2l million. Rises outnumbered falls 53 to 41.— AFP mrn «a rtm Advantage HOS 2.70
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    • Article
      Lock icon SYDNEY
      513 25 AFP HAnOrtmuVg +3L7 AUSTRALIAN share prices closed 1.1 per cent higher yesterday led by banks amid easing concerns on interest rates, dealers said. The All Ordinaries Index closed up 31.7 points at 2,996.0 while the newly-introduced SP/ASX 200 index closed up 34.4 points or \2 per cent at 3,035.1.
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      Lock icon SEOUL
      268 25 AFP Q Composite Index -0.73 THE Korea Stock Exchange Composite Index closed down 0.73 points at 655.93. Volume was 308 million shares worth 2.4 trillion won. —AFP »n» AnaniSomi .***** -390 WlIK unch ContrtfBank __«40 90 CIWMCoflun H5900 -4500 0m Gu IHrti BM 279 OMMng Corp WO MO Dmwoo
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      79 25 I I I jm»* I I investment pokitouo I 11 N^tune nffit UmitwJ I IPO. Shares. Bonds. Stocks. Annual Reports, r gj|jjp^ I S IL I Whatever you're offering, we help you reach out -II I to 86.7% of all adults In Singapore dally. tRMSrMRBT— JhPI I I SgBF* 25
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  • Article
    Lock icon STOCKS sgx
    8960 26 SGX MAINBOARD Transaction date: May 29 to m 52-Wk L«t Vol Oay Last 0»«U W» W» YW JM« p£J M«fc Law StNo Company Sato (OOO) High Law Buyer Sa8ar J* MULTHMOUSTVY 182 95 m c WOO AcmaSOc 112 cd -1 13 IS M 5 f 27 84 21
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      125 26 With the share trade settlement period reduced, you can still maximize your tradinq power. Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our Why let a shorter trade settlement period reduce your trading opportunities competitive financing, you II also be earning daily
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  • ARTS festival
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      Lock icon Drumming up support
      2946 27 Behind every Arts Festival production is a willing sponsor or two. What makes companies give good money or other forms of support to arts groups and what do they get in return? BT's arts festival team find out. Who's sponsoring what WHO OCBC Bank MSN Singapore Shaw
      CHRIS LOH  -  2,946 words
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      333 28 This advertisement has been approved by Deutsche Bank AG London, regulated by SFA for the conduct of investment business m the UK The services described in this advertisment are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation "Source CommScan
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      407 29 Where to wine, dine and entertain..;-" '< asSr SK^'SSiJsi r i <^j^>' HOTEL GRAND CENTRAL UNITED 22 Orchard Road/Cavenagh Road. *****7 Tafc 737 9944 Ext 40(V02 Fwc 733 3175 I !P Local +Western I Set Meals f rom 1 $6.90 I "or reservation?, please call 381 2138 II I; Windsor
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      51 29 xnf yy 21 MAY TO 6 JUNE 2000 Take home a selection from our variety of Shanghainese, Cantonese, Teochew and Nonya Dumplings this Dumpling Festival For enquiries and advance orders, please call Mandarin Deli: 831 -6283/85 Mas*kifvt LIJ Sutooporr jHB ))3 Orchard Rojd. Smgapon- *****7 TH: 737 4411 Fax: 7)2
      51 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 1
      972 29 iiicoudiiiobb i lines, l UcSUdy, ivicay ou, tuuu iin ii iii ■i ii ■J U l>- 6.00 Jack Hanna's Animal 3JO TV Innovations. 120» AM One Hour News. vwrai Adventures. 5.00 Cinderella. LOO B Tonight 9.00 AM Kids Central: The &30 Music Walk. SJO Kahwin Palsu. 1 y inside Story
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    • Miscellaneous
      Lock icon Page 29 Miscellaneous Column 2
      263 29 CRYPTIC CROSSWORD ACROSS 6 Double reed blown in the wind IWe support British champions W (6) 7 At home, certain to provide oov--4 Carpet Simon had repaired (8) ff 0 9 Curio making one tarry? (6) 8 Henry getting on as custodan? 10 around the 12 SZT™ tak, 9Part,nParty 15
      263 words
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  • KNOWLEDGE economy
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      Lock icon What matters most is people
      566 31  -  A professor of strategic leadership says if s managers who create value, not physical and financial assets By, Johnny Yeo [SINGAPORE] THE most important profession in modern society and certainly in a knowledge economy is management, according to a leading academic on international organisation. In
      NOEL ROSALES/ST  -  566 words
    • Article
      Lock icon Management award awaits creative high-flyer
      675 31  -  By, Johnny Yeo TOP-NOTCH individuals out there, take note. Do you have what it takes to make things happen and create value for your organisation, society or nation? If so, you could be a potential winner of a new annual International Management Action Award (IMAA)
      675 words
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      164 31 The first key advantage is the effective reach of the Warehousing Logistics special feature. You will be advertising directly to more than 45,000 professionals, managers, executives and businessmen, many of whom require warehousing, logistics and transport services. Then take advantage of the editorial ambience. With its focus on the latest
      164 words
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      226 32 JK| NI The new -JXj^. i 'X t J t <.<*•,<' £<* Infinity w 2 sx%£* 1. index funds, naturally their potential mm is infinite. Imagine, if you invested USSIO,OOO into the Standard Poor's 500 index in 1995, your investment would be worth over USS3O.OOO* today! Returns like this are
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  • SHIPPING TIMES
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      302 33 Bridge News Reuters BROKERS are unsure of the direction of rates for panamax tonnage in the east. Although rates have eased, there are signs the market is holding its own. Rates remain steady in the Atlantic. TANKER& Following an active week of trading in most sectors of the
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      288 33 m §<;-•' tt HI CWT Distribution.—0.82 unch 3 Cosco Invastmant 0.18 unch 167 Freight Links 0-22 -0.01 422 OafloMtoQl 0.67 0.03 IMC l_MO urieh 0 Jay a Holdings 0.16 -0.01 447 Kappel Corp 3-26 -0.06 2152 KaWMiFCLS 1.03 0.02 TO Keppel Marine 1-26 unch 39 Kernel Tele 2.00
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      Lock icon Training simulators get certification standard
      469 33  -  Det Norske Veritas says standard will ensure simulations reflect physical, behavioural realism By Donald Urquhart [SINGAPORE] A new certification standard stipulating performance requirements for maritime training simulators has been developed by Det Nprske Veritas (DNV). The purpose of the standard, according to classification society DNV,
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      Lock icon Classification society ABS' 1999 revenues up 5%
      273 33 [SINGAPORE] The American Bureau of Shipping and Affiliated Companies (ABS) reported a 5 per cent increase in revenue for 1999 over the previous year with consolidated gross revenues of U*****.7 million (*****.5 million). Chairman and CEO of the 138 year-old classification society Frank
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      Lock icon China Shipping enters $21m chartering pacts
      239 33 Reuters [HONGKONG] China Shipping Development Co Ltd said yesterday it has entered into a series of ship chartering agreements worth 101.7 million yuan (5521.2 million) with associates of its parent company China Shipping (Group) Co. China Shipping Development entered into a bareboat charter agreement
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    • Article
      Lock icon EU directive on bulk carrier safety proposed
      110 33 AFXAsia [BRUSSELS] The European Commission said it is proposing an EU directive on the safe loading and unloading of bulk carrier shipping vessels at ports to prevent casualties. The commission said its proposed directive aims at making an International Maritime Organisation recommendation mandatory,
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      Lock icon All 34 crew of burnt Indian tanker rescued
      230 33 AP i TOKYO] All 34 crew memDers of an Indian oil tanker that had caught fire in the i East China Sea were picked up on Sunday by a Chinese rescue boat, the Japanese Coast Guard said. The 26,450-ton Pratibha Yamuna went
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    • AIRLINE mergers
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        Lock icon Merger puts heat on airlines
        824 34 New deals may not be far off as United's planned takeover of US Airways increases pressure on rivals FT UNITED Airlines' planned takeover of US Airways could trigger a new round of consolidation within the US aviation industry as well as a significant challenge to
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    • Article
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      190 34 PAGE Deknas 4 ACL 6 M<Uoyd 8 ANL 3 Dongnama 3 Accord 8 t4Str 6 Appenship 5 ECL Austral 8 ECU Line 6 BaMiShpg 5 E¥er 9 reen 6 7 F0<W<,Sun 8 u OLink 4 B tang Mas 8 ccw T Gem rtr B 6 S 8
      190 words
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      360 33 Feme The Singapore Shipping Association (SSA) is mmm conducting a course on "Shipping Law and China Fxnress Disputes" from Jun 2 to Jul 7. It is also organising an "Effective Written Communication in jV™! T ,on Shipping Management" course from Jul 5 to the joint Se(rt 13. For more information,
      360 words
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      780 34 NORTH AMERICA QULF/INDIA SUB-CONTINENT EXPWPSggq 1 KWMMCMgWMMIOO "vosa f VOT LG4 r-ST-l rfIANG VUSfI YOT WW MM KWT U W HUM SM 000. JAPAN 41WS1I 10/05 M/M M/OS PtO NBIUOTD KHAIHJ 01C 10/05 10/05 21/05 13/05 M/ 05 10/05 01/04 03/00 OOCI NETHERLANDS 14W514 17/05 04/00 04/00 NTK V«GO 34(
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      739 34 jn services represented by tFs-IVk «1 Members of the Registry of Accredited Shipping Agents, Singapore Shipping Association H ULY UNI MALI vfssci vor [75 [75 n P. KLANG STOtE MALI Empress Lily VO5OO 07/06 09/06 16/06 Princess Lily VO4OO 22/06 24/06 02/07 Empress lily VO6OO 10/07 12/07 20/07 Princess Lily
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      6 34 Members of the Singapore Logistics Association
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      1084 35 SAX SERVICE (DIRECT) VBSa VOY SMfIA LAX OAK DAI HOU CH COE MiM AH NYC AftGAOT 020t 31/05 15/06 20/06 20/06 20/06 20/06 20/06 20/06 21/06 21/06 AftSHNB. 0201 07/06 22/06 27/06 27/06 27/06 27/06 27/06 27/06 28/06 28/06 APITUKUOSI 034£ 14/06 29/06 04/07 04/07 04/07 04/07 04/07 04/07 05/07
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      1717 35 HANJIN SHIPPING Ilk?I U i Ms EvWy* lo» -Me *****30 HANJIN SHIPPING (S) PTHTD hnp //w. *****35 737 SAIfS *****74 731 DftUMtNI *****7 774 OWUTKMfi ********** mm llWt *****55 (U *****45 OHIO **********0 M TO NW USA CANADA USA CANADA* FMVU/VOT MM UWHMJI/VOT HW 0» PM CM MSP HT DTT
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      234 35 KMTC NEW SERVICE TO JAKARTA AND SURABAYA COMMENCING VESSEL: FRANCONIA V.OOIS ETA SIN 10th JUNE 2000 PLEASE CALL OUR SALES/ CUSTOMER SERVICE DEPARTMENT TEL NO. 220-8558 Awls: Shipptef Ma IM s£& as- s sssu™ P—,:M) 04-14M44* (T.«) M-MMI4O CI N«: **********0 M kttp://www.k«4i.i».kr r.oilii r (M> W HHIW (tat) 07
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      1645 36 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VESSEL VOY "siW™ LtH HTM WW HAM MV FU Vt«a VOT SM 6tT SPE FOS W.C MTB POHAMG SEHATOfI 0012W 30 05 K M 10 00 1101 20 H MOO 22 00 CAUHHHA SEMATOB 0941W 01H 10 00 2101 22 00 24 H 01
      1,645 words
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      1008 36 Ajfcl MAC-NELS S PORE M'SIA Carrier: MN CONTR LINES, INC P. GUOANG: (07) 3M3726 I 1 ~IYV J 5»U:(0M)*****9 MAMLA: (632)*****24 PENANG: (04)*****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KELANQ: (03) *****77 JtCT: (21)*****46 KUCHWG (062)*****1-3 HO CHI MINH TOKYO/YOKOHAMA MV "HARI BHUM" V.382N MV "ACX ROSE" N2lO ETA
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      731 36 EXPRESS CONTAINER FEEDER FOR N SHEVA (CFS MULUNO. MUMBALCOLOM6O ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN 1.C.0 POINTS VKMI S PORE N SHEVA COLOMBO PKLANG TULSIOAS V.tZS 21 MAT 06 JUN 10 JUN 11JUN CAPE CREUS V 107W 04 JUN 13 JUN 17 JUN 23 JUN CAPE CANAVERAL V 124W
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      854 37 [VKStI VOY I HK6 I KHH I SIN I Wfl. I 6XI IA DAM HK IRAN BAABAEI PCL 156 26/05 28/05 02/06 03/06 11/06 12/06 14/06 16/06 IRAN SCESTAN PCL-157 02/06 04/06 09/06 10/06 11/06 19/06 21/06 23/06 IRAN TABATABAEI PCL-158 09/06 11/06 16/06 17/06 23/06 26/06 28/06 30/06 IRAN
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      1166 37 MIW SIB¥ICI 1 DIRECT 10 COLOMBO I jfcF IN 5 DAYS I 2__ row wmmmm J GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/l) I COSTAR SHIPPING PTE LTD #12-00 sales/bugs *****57/43 inward dept (o/o) *****85 COSTAR AGENCIES (M) SDN BND CR WO: **********00
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      792 37 EUROPE EXPtttSS SERVICE EXPORT IMPORT Ha jfsllr";ijftjflliljjili ■troVBRHgOT 1 111:11 mmsam oi?w mo; »i/oy 23/0;'24/07jis/oy m/o; '27/07 iuifissas [ooii is/o* 'i//5 io o* n/o* wo? "liMw nm—twimiiMWf mm TRANSPACIFIC SBTVKI EXPORT IMPORT VKsI VOT \sm LM Oil *C(gWB CAWOB 10c 1) WW VKSa 1 VOT 16» 0A» SM HiCQPMHMM W
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      607 38 ■UROW/UK/SCANPMMWIA/HiaAW/WJMU MHTVICM EXPORT VBSE/VOYAGE SGP IM HK THP TIE UN LMV t DEU6HT«W-013~~ war 72/04 "mr ?6/04~ ~?775r~H75Tn/ar UWjjMtßfjlO llj/S 06/07 QR/07 10/07 11/07 13/07 12/07 AliO ACCEPTING CARGO TO AM FROM:- FINLAND, DENMARK. SWEDEN, lUSSU ft NORWAY MEDITERRANEAN/ BLACK SEA/EUROFE SERVICES EXTORT vessr/yoyage scp |ao vm oe mu row
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      377 38 /UU>MIAW Wm^OW/WPUWIUiCOWniaNTWEVKI ixpor VESSEL VOYAGE SGP CMft DUR MA AMI DNU RAN RU NXV YU HE OIS4W 02/06 IVO6 17/*UM ARDENT *****7WV 05/06 04/06 14/06 IVO6 14/06 17/H6 DM PATRIOT 0126-006* 06/06 10/06 14/OA 16/06 14/06 71/06 XING hf 0174* 04/06 70/06 21/06 DM ACTIVE 06IM7JN 17/06 16/04 71/06 72/06
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      984 38 Ar p ADVANCE CONTAINER LINES (PTE) LTD A|j I- TEL: *****21, FAX *****19. TELEX RS ***** ACLPI. Cfl NO. 1653M*****E WM—ffili rui 111 *****— > M—Ml HI 1111 M ■AW6KOK Snumt/Wn JAKARTA -(7 taUle«»/We*) VBsa VOY HN UK VESSa VOY MN I JKT KOTA RAJNA [FW/lfX] RNA2I7 3Q/5 lm 2/6
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      394 38 SO TROK BLANGAH ROAD NZ-M CmPORT CENTRE STORE 09M21 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa VOY ETA ETD DESTNOIM KAGURI 18/7001 3MV7M 30/05/2000 PONTIANAK/PALEMBANG inabukwa nnm iihm tmnm ialan LMAMU 04/ZM MW2M MfM PALEMMM^RMMN^ONTMNM For inquiries Mid bookings pleas* contact SEASPACE SHIPPING (S)
      394 words
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      394 39 BSA n e TT=l=!riTEWsfcisniTsB! l 3^^^ MB MYANMA pBBk FIVE STAR LINE W (Myanmar National Line) v loading for Yangon VESSEL VOY SIN PU KN PGU SAGAJNG UW SID RUWUMYMf 90W 03/06 MALAYSIA AGENTS: OOUSTIAO SHIPPING AGENCIES KUL- TH (03)*****00 PRL TEL (03)*****01 PIN: 1H (04)*****02 PGU: TEL (07)*****21/4 BANK
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      1192 39 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. [jjjjl vot sw sou Italgm wr kmi |wv lypsa vor I sou |ialml w hmi |■<I a I fH MM nOH~ 30/05 21/06 14/0* 15/0* 17/0* HOIKS 0151 17/05 IJ/05 07/05 04/05 30/05 HYIARON 326W 01/0* 19/06 74/0* 21/0* 27/0* OANUH 5531 06/05 13/05
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      667 39 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMIRKA "CAR RORO HIAVTUFT SERVICE" [TOM VOT 11 AMP HOGHT SIN |UC «AO Ml I»» U1 IMI I «YC IWWI KM I TOURCOING AHOI2 400T«w 6.3 M 10/06 10/07 IS/07 21/07 23/07 25/07 26/07 2S/07 01/04 06/0S TAPIOU AHOI3 400T«w 6.3 M 22/06
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      504 40 NOTICE TO CUSTOMERS RCL Feeder Pte Ltd wishes to inform our valued customers that with effect from June 24,2000, a new freight Agency will be representing RCL Feeder Pte Ltd in all customer related issues such as "Marketing, Sales, Booking, Documentation and Container handling". The new agency will be RCL
      504 words
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      372 40 INDONESIA NATIONAL LINE TO AUSTRALIA I RILL COKPUNEB SERVICE VS. WT TTT W 1 STB MB WA w KASUGAI )1S OMT 2S/05 31/05 0»/06 04 0* I I/O* POWnSUM "5T OMT JO/45 11/44 11/* H/» mnarr hT »/o* u/04 u/44 iQ/ot n/» MIMUU) J4S jIMIV* n/ot«/» p/ot FEEDER SERVICE TO
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      447 40 VESSELS VOY I SIN I PKL JED MLA LEH HTM HAM ZEE SOT SAUDI JEDOAH N37W QVO6 06/06 15/06 19/06 24/06 26*06 27/06 20/06 3CVO6 SAUDI JUBAIL H37W 11/06 12AJ6 21/06 26/06 01/07 03/07 04*77 06/07 07/07 SAUfaYANfeU ~y57W~ 19*06 1W (&07 06*17 10/07 IW~ 12AW 14/ofr VHXE DE MIMOSA
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  • Article
    Lock icon SHIPPING GUIDE
    16826 41 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 13/06 23/06 ANL APC EMERALD MS 65-*****55 To ABIDJAN (ABJ) 2003 Cote D'lvoire iyo6 23/06 oian Lioyd apl emerald us 65
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      53 43 New Advertisers/Services/Agencies I STL CONTAINER LINE For Services To Vietnam Calcutta Mon/Wed/Fri Pg7 STANDARD SHIPPING AGENCIES PTE LTD Offers Weekly FCL/LCL Services To EAST MALAYSIA PORTS DETAILS Rg 8 Shantou, Dongshan, ZhangZhou Turn to Pg 3 Woridgate Express Lines Wallenius Wilhelmsen New Europe To MIDDLE EAST I S.E. ASIA service
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  • SHIPS IN PORT
    • Article
      Lock icon CONVENTIONAL WHARVES
      690 45 Vessel Voy No Berth Arrival Departure K CMNflt2 09/200 J re 1 *J0« 29/05/6:05 01/06/7.30 Bt R8 1102 320 J01 29/05/8:20 29/05/1430 Bt JoMrih3 ***** JO! 29/05/8:15 29/05/18:00 G* 203 66Sl J» 29/05/6:30 29/05/2359 Tg Jailor« V***** JO* 29/05/9:15 29/05/23:59 $44 Endurioc 04/00 JOT 29/05/8:45 30/05/830 MM J
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      Lock icon CONTAINER SCHEDULES
      1831 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofctoq/Manco ftstts SMp ttfc/Btr Ported From To MI DAHLIA 02a 30/1240 U 21/1500 21/8n WTKO AAA SHUM jm ~MSM MOO WJMJ 2V800 a a/TTOC 30/0651 3WWOO a ntrm so/woo 30/0700 30AM »A400 4 30/1200 30/UW 30/T700 0441 S gg ISST
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      Lock icon GLOBAL HOLIDAYS
      168 45 ■ay SI Brunei: Royal Brunei Armed Forces Anniversary. Afrl Brunei: First Day of Muslim Calender. May 11 Hongkong: Buddha's Birthday. May 18 Indonesia: Vesak Day. Jul Indonesia: Ascension Day of Jesus Christ. Denmark: Ascension Day. Germany: Ascension Day. tatlß Indonesia: Prophet Muhammad's Birthday. tall Denmark: Constitution Day. Jawl
      168 words
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      Lock icon COCKETT BUNKER MARKET REPORT
      746 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for s more comprehensive description of the mar kst Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      746 words
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      Lock icon VERITAS BUNKER QUALITY REPORT
      441 45 Cvto« 180 Mu 909.1 0.6 8.4 0.09 (9 0.04 i« f>--.||, wmtM biidu tiii Uamtmm iiilniit "0 (6om E2S 0 0 2 =U5 252 aimrnn- 300 A* 965.5 02 12.8 0.06 39 0j02 380 Mu 990.4 tO I7J 0.08 72 0.04 «WW1 TA M/M M/M WW
      441 words
  • Page 45 Miscellaneous
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      122 45 LEGEND 1 V S^lc®' Si nga K Thunderstorm Rain Temperature Wmd direction and speed in knots m Weather w Cloudy Day >j az y Sea Conditions Wind speed symbols S| h( < 1 2m O Full circle w/o line indicates calm or light and variable winds > One hall fleche
      122 words
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  • AIR & LAND transport
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      Lock icon CPA faces pilot shortage as union urges boycott
      325 46 Union move aimed at boycotting Cathay's offer to buy back annual leave AP [HONGKONG] Cathay Pacific Airways faced a crew shortage as its main pilots' union encouraged members to boycott management's offer to buy back annual leave, a newspaper reported yesterday. The
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    • Article, Illustration
      Lock icon Saying no to Malpensa
      57 46 [MALPENSA, Italy] A young man drawing attention to the irritations caused by Milan's Malpensa Airport during a protest on Sunday against the project Malpensa 2000. Neighbouring towns and villages are demanding a ban on night flights to andfrom Malpensa Airport. Residents complain that aircraftfly too close
      AFP  -  57 words
    • Article
      Lock icon KLM to alter disabled policy after incident
      208 46 Reuters [AMSTERDAM] KLM Royal Dutch Airlines said yesterday it would implement a new policy allowing passengers with physical disabilities on flights. The airline came under fire for refusing to transport two passengers in wheelchairs to a tennis tournament for the disabled in the
      Reuters  -  208 words
    • Article
      Lock icon Korean Air gives in to pilots' police status demand
      175 46 Bat pilots say they'll strike unless govt approves onion Reuters [SEOUL] South Korea's flagship carrier Korean Air Lines Co said yesterday it has cepted a demand from pilots who want the company to abolish their security personnel status, which has barred
      Reuters  -  175 words
    • Article
      Lock icon Virgin outlines Aussie schedules
      252 46 Reuters [SYDNEY] The Virgin Group's Australian venture Virgin Blue Airlines Pty Ltd said yesterday it would kick off its no-frills domestic service with seven daily return flights between Sydney and Brisbane. A Virgin spokeswoman said the airline was confident it would be able to launch before
      Reuters  -  252 words
    • Article
      Lock icon Emirates, SriLankan launch airmiles scheme
      208 46 Reuters [DUBAI] Emirates and SriLankan airlines yesterday announced the launch of a joint frequent flyer programme to be called "Skywards". "We are launching with our equity partner SriLankan so that we can provide more destinations and a powerful global advantage to our passengers." Emirates chairman
      Reuters  -  208 words
    • LOG Book
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        Lock icon Indon passenger volume seen up 6.7%
        137 46 Bloomberg [JAKARTA] Indonesia's air passenger volume Is this year expected to grow 8.7 per cent to about 8 million from last year, whan volume grew 13 per cent said Fahmi Samsul, assistant secretary at the Indonesian Air Carriers Association. The number of air passengers
        Bloomberg  -  137 words
      • Article
        Lock icon Lockheed leads UK air traffic bids
        135 46 Reuters [LONDON] Nearly X groups have registered their Interest in taking part in the billion-pound part privatisation of Britain's air traffic control system, the Sunday Business newspaper reported. "Airline industry insiders say that a consortium of Lockheed Martin, New Zealand'B Airways Corporation and venture
        Reuters  -  135 words
      • Article
        Lock icon Air India launches tender to lease 8 jets
        113 46 AFX-Asia [NEW DELHI] Air India has launched a global tender to lease up to eightpassenger aircraft for a three-year period, officials said. The airline has "invited offers for dry lease of three to six Airbus and one or two Boeing aircraft," a
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    • Article
      Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
      1762 46 CITY RMHT ETA FUCHT ETO 8*7306 805 S***** 2305 tlillMl 0*7301 TOO 8*7382 2055 £6 2350 OfOI TOO ore 2055 $***** 2335 SO 26 2350 mm 2230 f*m<h sow 1530 sono ono LH6380 2230 fin|rtll $0803 1910 C2352 0910 1 S0229 2230 C2351 2045 ***** )020
      1,762 words
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      104 46 9 r««! W «cui t ais rt Smot. 5440 tnoAi rmi r$ *»>sr«o P--«* Wo* *VV»ory)CiAii«i utom tfO N*tNn«-S?fS C 4« iwrwy 3MO *vtNne $ZTSC4I ts*n». wr>T3a ?A49* -<«o'3o TA496 •C«*€ *0® CPtAP 4 m- 10C«»§ CNfA* «<*••( ff? our (mt 0" »•*> >x «•*•<(* CMy C r M» r.rtt//
      104 words