The Business Times, 6 June 2000

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Microfilm: NL21874
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES 85C SINGAPORE Internet: http://business-times.asia 1 com.sg TUESDAY. JUNE 6. 2000
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  • Article
    Lock icon MARKET SUMMARY
    57 1 □ffl UBU3 (+72.03) OfttWC+SiW) ansa ftjtoies U MM! (+9.10) Monday Ctomfe KUKOEMIP 881J9 8J6 NIKKEI 17J81.7I—+49L73 HANGSENC IWS1J8 +I77J8 SBTfNDEX KIN +UJS JAKARTA COMP 4*171 MANILA COUP —UKltt *»3 TAIPHlin 8.*****^***** SEOUL COMP 7MLU *Wi CLSA CHINA B l,f?fJ8 1181 ADSTALLOKD 11%. I llJtai EST Chap nrwr npaw
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  • Article
    Lock icon FINANCE
    48 1 FOBEX BATES U8$ St U8« 1.719 £(USS/SSpcr£) 1M9 2JM EUR0fUSS/S$/B) 1944 1J2S DM 1971 1899 YE* 197* 1JM RM 1999 MB HKS 7.719 «S1 BAHT 9&8S 1944 KUflAH 8,426 1919* •nawMb 'StrntoomMs PUKE BATES SINGAPORE* S.80 KUALA LUMPUR 7.67 JAKARTA a.09 BANGKOK lie MANILA 11.00 47 •Awwffo(ltU*..~Ttan
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  • Article, Illustration
    Lock icon Broadcast licences for SPH, newspaper licence for MediaCorp
    1310 1  -  Govt retains current industry stmctnre, with scope for more direct competition Byi Catherine Ong [SINGAPORE] Singapore Press Holdings (SPH) will be issued licences to run television and radio channels and Media Corporation will get a newspaper licence under a limited liberalisation of
    ARTHUR LEE  -  1,310 words
  • Article, Illustration
    Lock icon Philip Yeo quashes talk that he's joining private sector
    434 1  -  But he's been approached by private sector firms Fromi Andrea Tan in Bangalore PHILIP Yeo, chairman of the Economic Development Board and one of Singapore's most accomplished and colourful government officials, has put to rest speculation that he is joining the
    FILE PHOTO  -  434 words
  • Article
    Lock icon Asian stocks rise, boosted by Nasdaq, rate hopes
    486 1 Bloomberg [HONGKONG] Asian stocks rose yesterday, led by China Telecom (Hong Kong) Ltd and Sony Corp, as a report showing slower US jobs and wage growth raised optimism that the Federal Reserve will limit future interest rate increases. The Hang Seng Index
    Bloomberg  -  486 words
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      103 1 IMBIDE BT Comment Lee Han Shih on the URA's message for property developers. Pg 11 Arts Festival H H ■■H Simply divine: The TalHs Scholars' Italian programme of Renaissance sacred music. Pg 90 Rupiah skidded but stocks rebounded slightly yesterday. Investors remain ta,n 3P* governments economic direction. N.xtP.g. V Marco
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      107 1 m SPH confident it will stay ahead. P§ 4; Medra Corp 1 revenue forecast Pg 4 B SCV says it win maintain an open access policy, Pg 4 >A> •v 10frequentty asked questions, Pgs4 5S Lee Yock Suanjs speech, Pg 14 R RHj II^HH HOB^^^amh You never patekrhiuppe GENEVE actually
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  • NEXT page
    • Article, Illustration
      Lock icon Jakarta won't impose capital controls: IMF
      716 2  -  Rnpiah skids but stocks close np in technical rebound From Shoeb Kagda in Jakarta AS the International Monetary Fund yesterday put paid to any possibility of Jakarta imposing capital controls, the Indonesian rupiah skidded but stocks rebounded slightly, leaving investors still wondering about the
      AP  -  716 words
    • ON THE grapevine
      • Article
        Lock icon Early X'mas
        100 2 IT sure looks like Christmas is coming earlier and earlier each year to hot and sunny Singapore, thanks to retailers eager to have any idea for yet another sale. We're just barely past the half-way mark for the year, but ftirniture store Pennsylvania House would have you know,
        100 words
      • Article
        Lock icon Smart phone cards
        63 2 WE received Star Hub payphone cards at the infocomm trade show CommunicAsia yesterday which are quite different from SingTel's. The new telecom operator's phone cards use integrated circuit technology, already used in cash cards, and have the capability to offer advanced services such as checking movie show
        63 words
      • Article
        Lock icon Computer not enough
        44 2 WE checked out CommunicAsia's press centre yesterday and were a little surprised to find that it has only about 16 computers for more than 200 journalists. That's a ratio of 12 journalists to one computer. To who are deadlines, we say
        44 words
    • Article
      Lock icon Nets in S Korea cash card venture
      256 2 It plans to enter more Asia-Pac nations with Visa by year-end [SINGAPORE] Network for Electronic Transfers Singapore (Nets) said yesterday it had formed a Joint venture to launch its cash card system in South Korea. The partners in the joint venture, V-Cash Co
      256 words
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      273 3 Issued by Morgan Stanley Co. International Limited, regulated by the Securities and Futures Authority Limited. Morgan Stanley Dean Witter is a service mark of Morgan Stanley Dean Witter Co. > y-i t i'Vttiim lihl'il -:,j iidi All ,#f P --i t&ci- > I *&W. ■^f M r 410^*^*' -J^^B rnilr^T
      273 words
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  • MEDIA liberalisation
    • Article
      Lock icon SPH confident it will stay ahead
      584 4  -  Media group to evaluate the new business opportunity, with the focus on delivering a good return on investment BU Teh Hooi Ling SINGAPORE Press Holdings (SPH) is confident it can leverage its core competence in producing news I for television, and is optimistic that
      584 words
    • Article, Illustration
      Lock icon New tabloid expects $75m revenues in five years
      562 4  -  Paper for commuters to be launched by year-end By Eugene Low MEDIA Corporation of Singapore expects revenues from its new newspaper venture to reach $75 million in five years' time. Lim Hup Seng, MediaCorp's chief executive, said yesterday that the tabloid would
      ARTHUR LEE  -  562 words
    • Article
      Lock icon Only slight dent seen in SPH's market share
      796 4  -  Advertisers welcwne liber&lisatien ud hope ad rates will fall By Ven Sreenivasan, David Boey, Ling Su Ann THE emergence of a second newspaper group may put a slight dent in Singapore Press Holdings' market share but it will not seriously threaten the
      796 words
    • Article
      Lock icon SCV says it will maintain an open access policy
      382 4  -  It's working with foreign networks to lower entry price Byi Catherine Ong SINGAPORE Cable Vision (SCV) said it will maintain an open access policy on programming even though it remains the sole operator of pay television in Singapore. "Our policy is
      382 words
    • Article
      Lock icon Local context important consideration
      617 4 I n f° r ™tion and the Arts Lee Yock Suan fielded questions from reporters after his speech on media industry review yesterday. Below, we run excerpts of the questions and answers. Q: Why do you decide not to let foreigners compete in the media tnihuh
      617 words
    • Article
      Lock icon 10 frequently asked
      566 4 Source: Ministry of Information and the Arts Ownership and competition L WHAT is the fmnimat'i pml»w am *I—%* 1 Mil Local media have a unique nationbuilding role in our multi-racial and mul-ti-religious society. They need to have a deep sense of responsibility to Singapore. That is why
      Source: Ministry of Information and the Arts  -  566 words
    • Article, Illustration
      Lock icon Pilots of the info highways
      368 5 \i; J*; Mamboard listed Singapore I'iess Holdings is the leading newspaper publisher in Singapore It piOdllCOS IP neWSpapCIS 111 foil laiHHiagCS .unl Si\ fKMlodlC.lis SPH newspafHMs reach .1 daily readership of 3 8 million with a combined circulation ot 1 1 million SI'H holds stakes
      368 words
    • Article
      Lock icon $5m SBA fund to help build digital TV services
      396 5  -  TCS will equip 2,000 trams with digital TV by year-end By Toh Han Shih TO ENCOURAGE the growth of digital TV in Singapore, the Broadcasting Authority (SBA) has established a |5 million fund to help companies develop digital TV services. This
      396 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Marco Polo beats forecasts with net profit of $202m
      644 6  -  Ardmore Park will continne to be major contributor in current year By] Kalpana Rashiwala MARCO Polo Developments yesterday reported a higher-than-expected 151 per cent jump in full-year group net earnings to $202.4 million, thanks to its luxurious Ardmore Park condominium project.
      644 words
    • Article, Illustration
      Lock icon SPH AsiaOne closes 7¢ below offer price
      301 6 SHARES of SPH Asia One closed 12 per cent, or 7 cents each, below its 60-cent offer price yesterday on its first day of trading. The counter opened at 59 cents, rose briefly to a day's high of 60 cents in early trading,
      Source  -  301 words
    • Article, Illustration
      Lock icon Travel dotcom and M1 in WAP tie-up
      195 6 ASIATRAVELMART.COM has signed a memorandum of understanding with mobile service provider Ml to offer travel content and services via Mi's wireless application protocol (WAPybased mobile portal Mi World. The Malaysia-based company, which provides a platform for travel buyers and sellers to trade their
      195 words
    • Article
      Lock icon Ignore LDP pre-poll posturing, focus on fundamentals
      1075 6  -  lIVhN locksiew anthony rowley SUDDENLY, it seems to be a case of "all systems go" for the Tokyo stock market which is rebounding dramatically after a 20 per cent plunge over the past month or so. As the Nikkei 225 Index spurted by
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    • Article
      Lock icon DBS offers Goldhill, Dalvey Rd sites for sale
      337 7  -  Jones L&ngLaS&lle says prime plots could fetch nptos47m Bu] Marissa Chew AS part of its strategy to divest non-core assets, DBS Bank yesterday put two prime residential sites up for sale. The freehold sites, at Goldhill Avenue and Dalvey Road, could fetch
      337 words
    • Article
      Lock icon Flexi perks for Raffles Hotel staff
      256 7  -  By] Kenneth Lee RAFFLES Hotel yesterday became the first and only hotel in Singapore to introduce a Flexible Benefits Scheme for non-manage-ment staff at the signing of a Collective Agreement with the Food, Drinks and Allied Workers' Union, which represents about 70 per cent
      256 words
    • Article
      Lock icon Laminate floor maker Asia Dekor's earnings rise 63%
      323 7  -  By\ Tay Hong Seng AFTER-TAX profit of laminate floor manufacturer Asia Dekor Holdings jumped 63 per cent to 113.9 million renminbi (5523.5 million), beating forecasts, in the year ending March. The results, unveiled yesterday, also showed Asia Dekor's turnover during the period
      323 words
    • Article, Illustration
      Lock icon Addvalue offers 71m shares at 28 cents each
      207 7  -  Byi Joyce Koh ADDVALUE Technologies yesterday launched its initial public offer of 71 million shares at 28 cents apiece for a mainboard listing. The technology solution specialist in wireless and broadband technologies will offer 21 million shares to the public and place
      ARTHUR LEE  -  207 words
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      Lock icon Page 6 Advertisements Column 1
      30 6 U-Il Y&U \ou too can improve your on the fairway with the new ll—ll Iron. It delivers the same legendary performance you expect From the No. I club in japan.
      30 words
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      98 6 I Corporate Advantage I For more information I I or reservations, I I (65)'294-0467, I \ssS S I I •Superiorßoom (65)298-2038 I I Complimentary Local Calls r^' m il I r J sales @goldenlandmark.com.sg 9 I and Daily Newspaper government tax and 3% GST. I I Late Check Out till
      98 words
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      421 7 CV www.asiastockwatch.com X The smart investor's secret weapon AsiaStockWatch.Com is the leading financial portal in Asia providing independent, accurate and timely business and financial news to all investors. We are creating and shaping a new market throughout Asia which will fundamentally redefine personal financial services. We invite highly ambitious and
      421 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon STI jumps 4% as fears of US interest rate hike recede
      543 8  -  comment STOCKS ven sreenivasan THE Singapore benchmark index jumped by over 4 per cent yesterday, buoyed by optimism that the much-feared US interest rate hike might not materialise after all. The Straits Times Index rose to a day high
      543 words
    • Article, Illustration
      Lock icon DB's CityDev wrt could see some near-term upside
      188 8  -  WARRANT WATCH By i Ven Sreenivasan COVERED warrants seem to be back in favour, with the market showing signs of recovering after a month-long slide. In fact, the top-20 percentage gainers list was packed with them. One of these was the covered
      188 words
    • Article, Illustration
      Lock icon NOL: medium term support at $1.40
      225 8  -  HOT STOCK By" Ven Sreenivasan SHIPPING stock Neptune Orient Lines seems to have broken out of the downward trap it has been stuck in for the better part of the past five months. The counter rose to a day high of $1.63 before closing
      225 words
    • Article
      Lock icon Market Notices
      121 8 Ltd announced the sub-division of the ordinary shares of )020each in the company's capital into four new ordinary shares af |ojo6 each. Trading of the new shares of 10.05 each will commence with effect from 9.00 am on July 18. ♦VENTURE will be trading ex-dividend (final and bonus
      121 words
    • Article, Illustration
      Lock icon US$ tumbles as rate fears fade
      394 8  -  comment CURRENCIES larry wee THE US dollar's fortunes took a turn for the worse in Asian trading yesterday, after heavy Friday night US selling which came shortly following the release of much softer-than-expected May employment data, casting doubt of further US interest rate hikes.
      Source  -  394 words
    • Article
      Lock icon Untitled
      336 8 Stocks Vofcjim SPHAaiaOnaSc 34,124,000 MadMtogHfe *****.000 GMG GtobaJ 5c 22,964,000 QES Infl Ltd 20c *****,000 IPC020C *****.000 NOL 13,767.000 VUm Captai 29c 11,860,000 FaatochUSIOc 11.674,000 T*k5c 11.031,000 UJflSOo 9,036,000 Chart Semiconductor 26c 107,624,366 8PH~ 83,839,377 068Gip 81,419,499 VanturaMfg2Sc 74.100,182 0C8C 58,069,466 U08.— 42,038,194 Cly0av50c.. 41,731,400 NtfBaclOc 36,*****6 QESMUd20c *****,340 PacAoCantury
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  • Page 8 Advertisements
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      178 8 The world just became smaller. B f The partnership of Business Travel International (BTI) and Global Travel Pte Ltd (now BTI Global Travel Pte Ltd) creates enhanced corporate travel solutions. Together, we have strengthened our position MICE), is among the top agents for most of the as a leading global
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      48 8 YOU CAN NOW PUT YOUR CPF SAVINGS IN EIGHT. important All applications for units in eight must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units ana the income from them may fail as well as nse >| vt-
      48 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Domestic supply price index up
      284 9  -  on the economy price index -By Marissa Chew OIL prices continued to fuel the increase in wholesale prices in April, with the domestic supply price index rising 9.7 per cent compared to the same month a year ago. Figures from the Department of Statistics show
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    • Article
      Lock icon GLCs like SingTel and DBS fair game for all, says BG Lee
      540 9  -  SGX and Aussie bourse to sign cross-trading pact today Prom' Wong Wei Kong in Sydney ANYONE can make an offer for Singapore Telecom and other government-linked companies (GLCs), including major groups like Singapore's biggest bank DBS Bank, Deputy
      540 words
    • Article
      Lock icon Bangalore tech park to start next phase
      289 9  -  Frorrii Andrea Tan in Bangalore THE International Tech Park, Bangalore will soon start its next phase of development, costing some 1.5 billion rupees (S|s7 million), Economic Development Board chairman Philip Yeo said yesterday. Phase two of the tech park will be an extension
      289 words
    • Article, Illustration
      Lock icon Asia's biggest telecoms show opens today
      442 9 THOUGH a few conspicuous key players are giving it a miss, the organisers of Asia's biggest communications trade event CommunicAsia yesterday said the show will still go on. Downplaying the absence of industry leaders like Cisco Systems and Singapore Telecom, Stephen Tan, managing director
      SIEW YAW HOONG  -  442 words
    • Article
      Lock icon BCA, HDB: no structural damage in buildings
      121 9 THE Building and Construction Authority (BCA) and the Housing and Development Board (HDB) said their inspections following tremors felt yesterday morning from earthquakes in Sumatra did not reveal any structural damage in buildings or infrastructure like roads, bridges, and electrical and communication services.
      121 words
    • Article
      Lock icon Corrections and clarifications
      98 9 IN our June 2 report "LTA launches $500 million 10-year bond issue", we reported that the Land Transport Authority plans to raise $500 million a year till 2030 from the capital market. The LTA intends to raise the funds over the next few years, and not till
      98 words
    • Article, Illustration
      Lock icon Grenville's sale application dismissed
      661 10  -  Hiyority owners' lawyers to ask strata board to reconsider; Mandalay Court's sale finally approved By] Kalpana Rashiwala THE Strata Titles Board (STB) has finally approved the collective sale of Mandalay Court, but it dismissed an application by Grenville Condominium's majority owners seeking an order for sale.
      661 words
    • Article
      Lock icon Takeover offers should come with IFA report
      147 10  -  mailiitrr» Lee Kei Wei (Madam) THE GK Goh-Vickers merger and Times Pub takeover deals clearly indicate that small shareholders are likely to be in a disadvantageous position in the absence of timely professional advice by an Independent Financial Adviser (IFA). Perhaps it would
      147 words
    • Article
      Lock icon Tap opportunities in New Economy, SMEs urged
      381 10  -  By\ Tay Hong Seng MAKE full use of government help schemes to act fast and grow in the New Economy, small and medium enterprises were told yesterday. With the advance of Internet technology, SMEs have just as much access as big firms to
      381 words
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      80 9 addvalue technologies ADDVALUE TECHNOLOGIES LTD (Incorporated in the Republic of Singapore on 27 April 1996) INITIAL PUBLIC OFFERING 71,000,000 Ordinary Shares Issue Price: 550.28 each Applications for Shares may be made on printed Application Forms referred to in the Prospectus dated 3 June 2000. Application for Offer Shares may also
      80 words
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      Lock icon Page 9 Advertisements Column 2
      148 9 Be at Asia Pacific's Largest Communications and IT Event! The is your BEST opportunrty 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 CommunicAsia2ooo Summit Plenary Sessions MotoileCommAsialOOO Specialist Conference NetworkAsia2ooo Specialist Conference
      148 words
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      116 10 4 t* n ■i A r: j't: oftwno nl y j NIKKEI Over three million readers a day can't be wrong ftr- V >-• J v Round-the<lock business news, Insightful coveroge of Asian economic. Free-term access to current and *v personalized stock tracking, 20-minute business and financial affairs historical financial
      116 words
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  • FOCUS property
    • Article, Illustration
      Lock icon H2 land sales: a signal to cap prices
      587 11  -  comment PROPERTY Bat ft could achieve more than that, as buyers hold back for prices to tumble lee han shih THE signal from the government could not have been clearer—even a blinkered developer would not have missed it Last Friday, statutory board
      587 words
  • Page 11 Advertisements
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      Lock icon Page 11 Advertisements Column 1
      242 11 BTo improve your business, we have left no stone unturned BO Asia's RT-OUT Report is a resource for Interior Designers, Painters, Electrical Contractors and anyone who supplies products or services to companies that move, upgrade or fitout new or existing premises. Every working day, our dedicated research teams interview industry
      242 words
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      Lock icon Page 11 Advertisements Column 2
      422 11 PRIME INDUSTRIAL BUILDING FOR SALE BY TENDER Address 2 Tai Seng Avenue ugipsa Description A 7-storey purpose built 0L corporate building with jf basement Tenure JTC Leasehold 30+30 years I r f wef 16August 1993 l/*®j Land Area Approx. 8,856 sqm Bff |H (95,326 sq ft) CT 1 «jj Gross
      422 words
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      385 11 Adelaide South Australia HI6N YIELDING INVESTMENT alwfflTOHW^l Excellent opportunity for future rental and capital growth Landmark building with dominant presence over Grenfell and Gawler Place intersection income $A970,000pa approx. FOR SALE BY EXPRESSIONS Of INTEREST CLOSING 4PM (CST) rm JULY. 2000 AT THE OfRCES OF JONES LANG LASALIE, ADELAIDE. SOUTH
      385 words
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  • eNews
    • Article, Illustration
      Lock icon Look ma, NO FILM!
      500 12 A tie-up between Fox and Cisco will bring Hollywood films direct to movie theatres without ever touching celluloid. How? By digital distribution NYT [LOS ANGELES] Today, for the first time, a Hollywood movie will be digitally transmitted across the country over the Internet and then digitally
      NYT  -  500 words
    • Article
      Lock icon Fidelity starts UK online fund supermarket
      288 12 LONDON It will take on Prudential's Egg unit and Charles Schwab Bloomberg FIDELITY Investments, the world's largest independent money management firm, said it's starting a mutual fund "supermarket" in the UK to compete for online investors with Prudential pic's Egg unit and US rival
      Bloomberg  -  288 words
    • e Briefs
      • Article
        Lock icon Sega, Motorola to develop cell phones
        67 12 Reuters [TOKYO] Sega Enterprises yesterday said it agreed with Motorola to jointly develop new cellular phones that can access the Internet. The two will develop new software allowing mobile phones to hook up to the Internet anrf process data at high speeds with technology
        Reuters  -  67 words
      • Article
        Lock icon Optus, Virgin team up in Australia
        57 12 Bloomberg [SYDNEY] Cable Wireless Optus will offer a new mobile phone service with Richard Branson's Virgin Group. Optus said Virgin Mobile Australia, equally owned by the two companies, will target users under the age of 26. Optus will provide the network for the service
        Bloomberg  -  57 words
      • Article
        Lock icon HK firm bags S'pore telephony licence
        69 12 Reuters [HONGKONG] Hongkong-based Internet telephony services provider WHEREVER.net said yesterday that it had won a service-based operator licence from Singapore's government. It said the licence was for Internet Protocol (IP) telephony services and International Simple Resale (ISR) and Virtual Private Network (VPN) services. The
        Reuters  -  69 words
      • Article
        Lock icon Microsoft's new Internet software
        129 12 Bloomberg [REDMOND, WASHINGTON] Microsoft Corp unveiled a new Internet program to help companies execute electronic-commerce transactions. The new technology, to be used with a product called Biz Talk server, was announced by Chairman Bill Gates at a conference in Orlando, Florida. It's part erf Microsoft's Windows
        Bloomberg  -  129 words
    • Article
      Lock icon Satyam buys cricket site stake for US$37.5m
      324 12 NEW DELHI Bloomberg SATYAM Infoway Ltd, an Indian Internet service provider, said it will pay U5537.5 million (5564.5 million) in American depositary receipts for a stake in Criclnfo Ltd. Satyam will buy 25 per cent of Criclnfo, the world's biggest Internet site on
      Bloomberg  -  324 words
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      178 12 'Where should you .com?' Quah Siew Heng, Managing Director, ORIGIN Technology Pte Ltd oriGin j I j 9 1 'Whether or not you re in the online business, no-one can I deny it is the hottest thing right now. If you were to ask, I Jp" r*. "Where should you
      178 words
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      52 13 '^7. r 3T S" I 1 2 tt&c*-*?' 1 v H I V'vT Jl »■—l Hk'i i |__'A• J i| v^HIPHp^^H^flHH;; a I jijl I I 1 V I I (com) I wapOA CommunicAsia 2000, Booth 6L3-07 Australia Internet World 2K, Booth AOBB 9 Temasek Boulevard, Suntec Tower 2, #31-02,
      52 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Vital to keep that rocky boat on an even keel
      753 14  -  bottom line OPINION shada islam The writer is BT's Brussels correspondent US President Bill Clinton's farewell summit meeting with European Union leaders in Lisbon last week was heavy on symbolism as the US leader set out to prove his pro-European
      753 words
    • Article
      Lock icon IN OTHER WORDS
      102 14 'I think there will be mass hysteria all over the place for all sorts of reasons.' -GMMu head qfAustralia's New Tax Advisory Board, on the introduction of the goods and services tax on July 1. The (Internet) infrastructure is creaking now. People are tolerating slowdowns and systems
      102 words
    • Article
      Lock icon No quick fix for rupiah woes
      636 14 EDITORIAL MOT for the first time in recent times, Indonesia is in a dilemma: either to try and stop the free fall of the rupiah by imposing some form of capital controls, or to let market forces determine the currency's value. Having allowed market
      636 words
    • Article, Illustration
      Lock icon The future is digital
      1326 14 ¥<wi«tor far TnfipMri— and the Arts Lee Tech Saan delivered this address at the SBA's 'Digital Television: Managing the Transition' seminar yesterday I AM pleased to Join you here today at the Singapore Broadcasting Authority's (SBA) first DTV Seminar, held in conjunction with Broadcast Asia 2000.
      FILE PHOTO  -  1,326 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      747 14 WtO-ttaMdvtatt JASWANT Singh's Singapore visit could not have been better timed. Finding a gap in his increasingly heavy schedule of visits, the Indian external affairs minister has used the visit to exchange views with Singapore's leaders on a range of bilateral, regional and international Issues on
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  • MALAYSIA news
    • Article, Illustration
      Lock icon Telekom chief downplays NTT story
      373 15  -  Unclear if tie-up delay doe to restructuring of Time dot Com Prom Eddie Toh in Kuala Lumpur THE new Telekom Malaysia chief has downplayed the likelihood of an imminent tie-up with Nippon Telegraph Telephone Corp (NTT) the largest phone company in Japan. "I won't say
      AFP  -  373 words
    • Article, Illustration
      Lock icon Daim reappointed Umno treasurer, belying rift rumours
      559 15 KUALA LUMPUR Reuters Bloomberg MALAYSIAN Prime Minister Mahathir Mohamad said yesterday that he had reappointed Finance Minister Daim TainmMin as treasurer of the United Malays National Organisation (Umno). The reappointment is important as it cranes amid persistent marketmoving rumours, denied by both Dr
      Reuters; Bloomberg  -  559 words
    • MARKET moves
      • Article
        Lock icon Blue chips lead losses on the KLSE
        186 15 STOCKS on the KL stock market continued to be sold down yesterday despite a recovery on other bourses in the region following a stronger close fen* US markets last week. The benchmark Composite Index was down over 1.1 per cent or 9.86 points
        186 words
      • Article
        Lock icon Commission rule hits motoring stocks
        128 15 BANK Negara's move last week to cut car dealers' commissions (Hi motor vehicle loans taken by buyers from the start of this month affected motoring stocks yesterday. Motor dealers, distributors and salesmen are upset with the ruling which they claim will wipe out up to
        128 words
      • Article
        Lock icon No takers for tech stocks
        56 15  -  OmplMbr Diana Oon Abdullah TECHNOLOGY-RELATED counters favoured in the market run-up In the early part of the year continued to be avoided yesterday. Semiconductor manufacture! MPI was lower by SO sen to RM4&SO, while its competitor Unisem closed unchanged at RM34 after spending more than
        56 words
    • Article
      Lock icon KL tech firms to get listing nod within 2 months
      203 15 Bloomberg [KUALA LUMPUR] Malaysian Finance Minister Daim Zainuddin said information technology companies could soon get approval within two months for listing on the country's main stock exchange or its tech-nology-heavy bourse. The Securities Commission and the Kuala Lumpur Stock Exchange
      Bloomberg  -  203 words
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      1266 15 Mediaßing.com Ltd (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of MeditßJng.oom Ud ("He Company") be held at MM Room, The Wsstin Stamford ft Weetin Pteza, 2 Stamford Road, Singapore *****2, on Thursday, 22 June 2000 at 10
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      142 15 Investments pay back lifetime. Professional Development Courses include: Courses in English at all levels from Elementary to Advanced, with HI progression routes into Business English, or international English {HI examination courses. Hi Negotiation Skills or Presentation Skills Part-time Business English W/m courses, held in the evenings, covering writing or speaking
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      82 16 4 <§" Technoiogsea. Ir.c 200Q -v'l r' -V C- <' V*£'. p' y if. s ;'i |§S|§ fS ;4 j >■ > v< 1 '-vA' V I 1 made real. x, V:,i*. *f. -i >- •;>; > v" f-e Most disease is oenetic. The faster scientists can sequence DNA, the
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  • SOUTH east asia
    • Article, Illustration
      Lock icon Will the ADF endorse currency controls?
      788 17  -  l k comment REGION The Asian Development Forum is positioning Itself as a new process, if not vehicle, to chart directions for E development yang razali kassim OVER the next three days, some 400 people from all over the world, especially East Asia, will
      788 words
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      Lock icon Sabirin named suspect in Bank Bali probe
      137 17 JAKARTA Reuters INDONESIA'S attorney-general's office yesterday said it had declared central bank governor Sjahril Sabirin a suspect in its investigation into the politically charged scandal surrounding Bank Bali. "As of today, Sjahril Sabirin, whose status used to be a witness, is now declared
      Reuters  -  137 words
    • Article
      Lock icon Thai NPLs ease a disappointing 2% in April
      430 18  -  Analysts say small improvement sign of tardy financial restrnctnrini From 1 Harish Mehta in Bangkok THE Thai financial sector's non-per-forming loans fell a meagre 2 per cent, or 40 billion baht (511.76 billion), in April, indicating that the restructuring of troubled banks
      430 words
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      Lock icon Philippine inflation rises in May
      305 18 MANILA Bloomberg PHILIPPINE consumer prices rose in May at their fastest pace since December, dealing another setback to an economy already crippled by a slumping currency, political instability and one of the world's worst performing stock markets. A further acceleration in inflation from last month's
      Bloomberg  -  305 words
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      178 17 jaC. t"* v 1' flfn «g m K jH V H M Jidfl LARGE 2,520 ACRES IV2KM RIVERFRONT r«/S /J 4 PRE ANNOUNCEMENT! SEE ADVERTISEMENT STRAITS TIMES NEXT SATURDAY ii SUNDAY rms 1 ..rge ru r.. 1 mCße«gf h..s to i:f st f• i ..c-.n 1 urf RI </ E
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      127 17 On the other side, the planets meet If t£+*. sun and the moon, and then turns smoothly to reveal its intricate workings through a sapphire crystal on the other side. Complete with power-reserve, this tiny mechanical planet is something of a star performer. /JjL* «Jaeger-leCoultre» Sole Distributor: Authorised Retailers: v
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      8 17 Editorial: No quick fixfor rupiah woes, Pg 14
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      2394 18 c" I Compact I Notice of Annual General Meeting I NOTICE IS HEREBY GIVEN that the Twenty-Fifth Annual General Meeting of Compact Metal Industrtoe Ltd wtt be held at 120 Ptonear Road. UnN 01-03. I Singapore *****7 on Friday, the 30* day d June 2000 al 2.30 p.m. tor too
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      993 18 =~=-^.=Sk I.R.E. CORPORATION LIMITED NOTICE IS HEREBY GIVEN that the Fourteenth Annual General Meeting of I.R.E. CORPORATION LIMITED will be held at 123 Gen ting Lane, #07-01 Yenom Industrial Building, Singapore *****4 on Wednesday, 21 June 2000 at 10.00 a.m. for the foflowtnq purposes: ORDINARY BUSINESS 1. To receive the
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  • EAST asia
    • Article, Illustration
      Lock icon HK property sales dive as interest rates rise
      563 19 May sales down 50% year-on-year; prices 5% lower this year, further falls seen Bloomberg AFP AFX-Asia [HONGKONG] Hongkong property sales fell by half last month compared with a year earlier as rising interest rates sparked concern among buyers that home prices would
      Bloomberg; AFP; AFX-Asia  -  563 words
    • Article
      Lock icon China denies report on bank IPOs
      245 19 SHANGHAI Regulator calls newspaper report extremely irresponsible Reuters CHINA'S securities regulators condemned as false a Beijing Economic Daily report that China would allow financial institutions to list in batches ahead of its WTO entry, the Shanghai Securities News said yesterday. The China Securities Regulatory
      Reuters  -  245 words
    • SINO Briefs
      • Article
        Lock icon HKT to spend HK$1b on pay-TV content
        95 19 AFX-Asia [HONGKONG] Cable A Wireless HKT Ltd is expected to spend between HKSBOO million and HK$l billion (*****.2-221.5 million) annually for the outsourcing or in-house development of pay-TV content, the Hongkong Economic Times reported. It cited CAW HKT chief executive Linus Cheung as
        AFX-Asia  -  95 words
      • Article
        Lock icon Market-makers exempt from levy
        57 19 AFX-Asia (HONGKONG] The Executive Council has approved a move by the Securities and Futures Commission to exempt market-makers for the seven Nasdaq stocks trading in Hongkong from the transaction levy. The exemption will not extend to investors, the government said. Hie market makers are ING Baring,
        AFX-Asia  -  57 words
      • Article
        Lock icon Taiwan opposes tax on China investors
        70 19 AFX-Asia [TAIPEI] The Council for Economic Planning and Development is opposed to imposing a national security tax cm Taiwan businesses that invest directly in mainland China, CEPD chairman Chen Po-chih said. Mr Chen was quoted by the United Evening News as telling Parliament that
        AFX-Asia  -  70 words
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      176 19 I Singapore Expo 10.30 am Gpm I W her^Wiino(^^urin^sia^es^^^§^B VV Broadcasting Event? IIH I BRQAdCASTAsiAZOOO* I The 6th Asia-Pacific Sound, Film Video Exhibition and Conference I I CABLF Sat2ooo I I conf t REnct oßGflnisco I I id nssocmrion uiitn fcs Pj yaKTacan, I Tfec Vearaf Of»artaalt| The o*aiaf Mate
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  • SOUTH asia
    • Article, Illustration
      Lock icon Virgin not keen to buy into Air India
      466 20 SYDNEY British carrier to start passenger service to New Deflu soon Bloomberg VIRGIN Atlantic Airways Ltd, the UK's second-biggest airline, is not interested in purchasing part of Air India even as the companies step up cooperation on UK-India routes. "If we take
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    • Article
      Lock icon Enron, Reliance sign US$137m optic fibre deal
      387 20 BANGALORE The project will lay cables across nine Karnataka districts AFP US energy giant Enron Corp yesterday signed a US$l37 million (***** million) agreement with India's Reliance group for an optical fibre cable project in the southern Indian state of Karnataka. Enron India
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    • Article
      Lock icon April Indian mutual funds inflow surges on stock declines
      302 20 BOMBAY Bloomberg INDIA'S mutual funds took in net new cash of 16J28 billion rupees (*****.2 million) in April, or three times more than what they received in March, as investors used the decline in stocks to buy more units. Investors in
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      161 20 I I y|R|t v^Pf^ Wlwt*?' '*'SyyUA; x v: \jir X fSk iT I f j WAjtiAE--' Jl"** i 1 for .com business with eWserver. Whether your business is at the ecommerce high or low gear, eWserver.com empowers you with integrated e-services at every stage of your progress. Harnessing the latest
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      15 20 ■>DAY©Ht-M*. anhelaobao ■a •KM* maw Sing Tel may woik with foreign partners [tofindl new partners
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  • WORLD news
    • Article
      Lock icon Sony plans to triple shares outstanding
      445 21 TOKYO Move could boost market value and fond future acquisitions analysts Bloomberg Reuters SONY Corp said it will ask shareholders for permission to triple its shares outstanding, a move that could help fund future acquisitions and arrest a 40 per cent drop in its
      Bloomberg; Reuters  -  445 words
    • Article
      Lock icon Nasdaq Japan to list top 20 firms
      390 21 TOKYO Int'l section with top US Nasdaq names to be launched by end '00 Reuters NASDAQ Japan, set to start trading shares later this month, will launch an international section by the end of the year and aims to list the top 20
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    • WORLD Watch
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        Lock icon KLM may merge with BA, says report
        94 22 AP [LONDON] KLM Royal Dutch Airlines yesterday refused to comment on news report that it is exploring a possible merger with British Airways (BA), but noted that it is seeking a new partner within a year. BA dismissed the reports as "media rumour
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      • Article
        Lock icon Nobel laureate Merton Miller dead
        95 22 AFP [Washington] Nobel prize winner and processor of economics Merton Miller died at his home of lymphoma, the Chicago Tribune reported on Sunday. Miller, 77, won the Nobel Prise for economics in 1990 and is considered by his peers to be one of the "&thers
        AFP  -  95 words
      • Article
        Lock icon Rebels seize capital in Solomon Islands
        50 22 Reuters [CANBERRA] Armed rebels in the Solomon Islands yesterday seised control of the South Pacific nation's capital Honiara and demanded that Premier Bartholomew Ulufa'alu resign. Australian and New Zealand officials said the Malaita Eagles militia group detained Mr Ulufa'alu at his Honiara home. —Reuters
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      • Article
        Lock icon Thomson to acquire Primark
        78 22 AFP [TORONTO] Financial information firms Thomson Corp. and Primark Corp said Monday they have reached a merger agreement under which Thomson will acquire Primark. Under terms of the agreement, Thomson will make a cash tender offer for all shares of Primark stock for approximately 842 million
        AFP  -  78 words
    • Article
      Lock icon High stock valuations risky, says BIS
      615 22 BASEL Danger of sharp correction, high-tech stocks especially vulnerable Reuters Bloomberg THE Bank for International Settlements (BIS) warned yesterday that high stock market valuations could pose risks to economic stability. "The historically high valuations of major stock markets clearly pose risks of a sharp
      Reuters; Bloomberg  -  615 words
    • Article, Illustration
      Lock icon Nasdaq will fall to 2,500 soon: Mobius
      399 22 Reuters [VIENNA] Emerging markets investment guru Mark Mobius said in an interview published yesterday that he expected further falls in the price of "new economy" stocks and predicted that the US Nasdaq Composite Index could drop to 2,500 points. The Nasdaq Composite closed
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    • Article
      Lock icon Bestfoods in talks to buy Campbell Soup, says report
      365 22 ENGLE WOOD CLIFFS, New Jersey Bloomberg BESTFOODS, the US maker of Hellmann's mayonnaise and Knorr soups, is in talks to buy Campbell Soup Co for more than US$l5 billion (5525.8 billion) to avoid a takeover by Unilever, USA Today reported, citing
      Bloomberg  -  365 words
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      Lock icon S African tycoon to build Titanic II
      316 23 Haw ship wffl have aaMgk lifeboats f«r all puMagßrs AFP [LONDON] A South African multi millionaire win travel toßelfeston Friday to discuss the possibility of building a replica of the ill-fated TUank passenger liner, the press reported here yesterday. The original Tttank, built
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    • Article
      Lock icon Japan's indices below boom-orbust level in April
      574 23 Japan's indices below boom-or-bust level in April EPA causing Mia leading index a statistical blip; govt says economy continues to improve Reuters JAPAN'S leading economic indicators slid below the "boom-or-bust" mark in April for the first time in 14 months, but the government yesterday said the economy continues to improve.
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    • Article
      Lock icon Bundesbank official sees further gains for euro
      571 23 BASEL ItH benefit from narrowing gap between European, US growth Reuters Bloomberg BUNDESBANK vice-president Juergen Stark said on Sunday there were good reasons to expect further gains in the euro, which has rebounded sharply in recent weeks after plumbing record lows last month.
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      2690 21 I NOTICED ■■HI Banco m Santander Central Hispano Head Office: Plaza de Canalejas 1, ***** Madrid, Spain I Balance Sheet Capital Ratio* (as at 31.12) As of December 31, 1999 1998 I (Ptas Milltons) I I Millions of Pasetas I j 1999 1996 J 1999 1996 i Risk assets *****,389
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      1185 22 I CATHAY CATHAY OROANISATION HOLDINGS LTD (Incorporated in the Reputoic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Eighth Annual General Meeting of the Company wM be held at Cathay CJneptaoc Orchard, Level 6, Ha* 6,8 Grange Road, Singapore *****6 on 28 June 2000 at
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      1132 22 NOTICES To advertise call toll-free 1800 741 1883 Fax No 741 1298 I SINTAI CORP. PTE LTD (Incorporated in the Republic of Singapore) LOSS OF SHARE CERTIFICATES Notice is hereby given that the following Certificates have been reported loat, mislaid or destroyed: Date of flUflalC No. of Shares 30.11.1983 It
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      153 22 Cm-BUILD PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING Norte# is hereby given pursuant to Section 308 of ine Companies Act Cap 50 that a Final Meeting of the Members of the Company will be held at 2 Tampines Central 6, #06-04 NTUC Income Tampines Point, Singapore *****3
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      977 23 IHS'.V.FJITatLee Bank Keppel Tat Lee Bank Limited I (Incorporated in the Republic of Singapore) I Important Notice I Expiry of Warrants 00 and 2000 I To All Holders of:- I 1. 32,296,023 warrants expiring 21 July 2000 ("Warrants OCT) each warrant carrying the right to subscribe for one new share
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  • FINANCE & commodities
    • Article
      Lock icon Late selling pares gains in futures
      214 24  -  SOX Derivatives TradinReports fflngapftro fiMtov Daphne Tay THE Singapore stock market staged a stunning rally yesterday, inspired by Wall Street's strong performance on Friday as fears of further US rate hikes receded. The Straits Times Index closed 72.03 points or 3.77 per cent higher
      214 words
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      Lock icon Futures end disappointing session barely up
      301 24  -  MSCX Taiwan (Moras Chan Yet San WHAT a disappointing day for the Taiwan stock market. As regional bourses rallied strongly on the back of gains in the US last Friday, the Taiwan market managed only a meagre gain. Part of the reason was because
      301 words
    • Article
      Lock icon Oil volatile on Saudi comments
      231 24 ENERGY REPORT Reuters [LONDON] Crude oil prices gave up early gains in volatile trading yesterday as dealers struggled to interpret two apparently conflicting statements from powerful Saudi Oil Minister All al-Naimi. At 1140 GMT, July Brent Blend crude futures on London's International Petroleum Exchange (IPE)
      Reuters  -  231 words
    • Article
      Lock icon CURRENCY REPORT
      332 24 Reuters THE euro stalled yesterday, falling to build on last week's sharp gains against the dollar and the yen, amid a lack of fresh news to fuel further gains. The single currency's gains last week were made in the wake of weaker sentiment for the dollar as disappointing
      Reuters  -  332 words
    • Article, Illustration
      Lock icon Untitled
      1044 24 DITBRBAIIK CROSS RATBS juns *S q m tm* nr 9m WO fm Wm m PNfcto Pw tj *m4 K 9M >m* W$ MM 0.861 4.834 0.6T7 4.048 1207 4.539 26.018 49.071 0.628 (JOf 2213 1.236 ***** 24.655 1001 4.036 0.971 17.937 ***** 0.3*6 0.582 UK 16* 1717 4703 1402 5274
      1,044 words
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      Lock icon Untitled
      1585 24 nOOMTOTURBi SRSoSfeoSSj" a:1 dm <Wm 0f» Mont* Mfh Lot Stft (taw) MmmI MOO 8450 Sao ***** 116.00 115.00 200 290 00 1*00 400 fccOO HMO ISS 3 C0NT1ACT (US ctots/lq) MM Of* 9 HbL 1 wpi -HHPr. MW j>w mwpny —HW MOO 63.50 63.25 63J0 TM W0 AM| 00 MOO
      1,585 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK shares surge 3.8% on signs of US slowdown
      2366 25 HOMGKOMG AFP rUUngStag +***** HONGKONG share prices surged 3.8 per cent yesterday as fears of US interest rate hikes eased due to signs of a slowdown in US economic growth, dealers said. The key Hang Seng Index gained 577.58 points to
      AFP  -  2,366 words
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      Lock icon CHINA
      845 25 Reuters DShMfclßMw -M 3 SHANGHAI B shares closed 5.03 per cent lower and Shenzhen shares ended flat yesterday as weakness in domestic A shares triggered profit-taking on the hard currency markets. The Shanghai B Share Index fell 2.85 points to 53.81. Shenzhen's B Share Index eased a thin 0.02
      Reuters  -  845 words
    • Article
      Lock icon TAIPEI
      368 25 AFP PWPhig +2157 TAIWAN share prices closed 0.25 per cent higher yesterday in thin trade with many investors sidelined ahead of a holiday today and cautious as the index approached the 9,000 resistance level, dealers said. The Taiwan Stock Exchange Weighted Price Index climbed 22.57 points to 8,968.21. "Investors
      AFP  -  368 words
    • Article
      Lock icon Nikkei surges on better rates outlook
      1880 25 TOKYO AFP QffikkaSS +401.73 SHARE prices in Tokyo surged 2.4 per cent yesterday to their highest close since mid-May on hopes that US interest rates may soon stop going up, brokers said. The Nikkei 225 Index rallied 401.73 points to end at 17,201.79, finishing
      AFP  -  1,880 words
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  • STOCKS klse
    • Article
      Lock icon Untitled
      7849 26 «ooo C *"*$> On Nat ca» wmi Lw Caaspany «1» ■BOO HSU U» P/I S«sb 420 310 AJInonwto 3*4 -M 1 364 364 19.9 147.3 198 78 Anpkasa 70 -1 193 SO 78 rtS.0 670 290 Apobo Food Hip 466 -10 9 470 466 1U 186.4 3329 2700 MT90C 3279
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      Lock icon KL shares fall on lingering political woes
      348 26 AFP CI Composite Index -9.86 MALAYSIAN shares closed 1.1 per cent lower yesterday on selling of selected blue chips amid lingering political concerns, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 9.86 points at 881.39. The Second Board Index fell
      AFP  -  348 words
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      43 26 SECOND BOND BSUt AND g»g?yas-' I jfe'-wt I IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu ISOO-741-1883
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2484 27 ROUPS A WARRANTS J*** laat M MM J Sf bar *5( U» eww Mi «W (1W LOT ho Ml MMHM MM nw *m—l L* fo 163 Acma ******4 W.5 undl 268 F »3 if 203 S 4t0 i 300 MS O 59 7.5 a AITadi ******7 10 19 9 173
      2,484 words
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      Lock icon BANGKOK
      684 27 AFP P SET Index ♦1332 THAI stocks rose 3.8 per cent yesterday, in line with firmer regional markets after the gains on Wall Street at the end of last week, dealers said. The Stock Exchange of Thailand (SET) Composite Index gained 1332 points to finish at 352.60 and the
      AFP  -  684 words
    • Article
      Lock icon MANILA
      277 27 AFP P Composite lata +311 THE Philippine Stock Exchange Composite Index closed up 39.9 points at 1,552.65. Dealers said that the market took its cue from Friday's robust US stock market performance, especially with reduced pressure now on interest rates. —AFP *f- mm Abacus Construction LOB unch 1 AMUZ
      AFP  -  277 words
    • Article, Illustration
      Lock icon JAKARTA
      710 27 AFP FlOwptrttlaig ♦118 INDONESIAN share prices closed 2 per cent higher yesterday, led by a technical rebound in blue chip stocks, with sentiment boosted by regional gains and the government ruling out capital controls, dealers said. The Jakarta Stock Exchange Composite Index closed 9.28 points higher at 453.73 on
      AFP  -  710 words
    • Article
      Lock icon SEOUL
      239 27 AFP QOaspoatdUex +3152 THE Korea Stock Exchange Composite Index closed up 4.4 per cent or 33.52 points at 794.21 in heavy trade on active foreign interest. —AFP J»> AnamSaiM VMOO *00 •rMn Tteh 1123 V45 C«ntr»B«* S30 HO ChMCenm M7000 4000 Dm Gu Bank 2600 320 0Ni«|to| 20*0 270
      AFP  -  239 words
    • Article
      Lock icon SYDNEY
      547 27 AFP FlAllOrti—riai 4&8 AUSTRALIAN shares failed yesterday to follow a big rise on Wall Street, rising just 0.3 per cent amid continuing investor concerns about the market's recent volatility. The benchmark All Ordinaries Index began strongly, reacting to the positive influence of Wall Street's rise on Friday, but fell
      AFP  -  547 words
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      37 27 iaoi at > K. 3 ii4v eiso ~i* i i »'lf i SB* k I §W| *98HHHHMHHBKBp c 9 j ft V,;.: I I $j[ SBBS S if 1 H^E^^Dk^Ss| Business Tools Just imagine life without them. B^wtß^k.
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      29 27 The WeDbigtfln aiflil wm closed ywtwday M) A Locate its owner through Classification 821 (Found). Simply call C .A.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service
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      107 28 v ,fAi> :X f r \k# *f/V* -•■••'^v',t' "kf 't r >• v > nwiiimrr iimnutifite i f *j \jLJLJmk '--<^P e &i^~.*» irs_» ..1 Any shape or size, on-time across Asia. Even if your next shipment doesn't quite fit into an In-tray, we'll still make sure it gets there
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  • Article
    Lock icon STOCKS sgx
    7034 29 wimnromp Transaction date.Jun 5 o* Of m m Ual Vol My Last Qwta Otv Ot* YM N*t Cm Am hn» u» C6—or Mi V- riw> w» t— mmm x» c» w flwS "S *2 tS** 5 >»c< O 146 123 H9 118 120 5 43 2.1 ML* 206.5
    7,034 words
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  • ARTS festival
    • Article, Illustration
      Lock icon heavenly voices
      706 30  -  The Tallis Scholars' Italian programme of Renaissance sacred music was simply divine, writes ft van P Y VAN AS the audience made its way down the stairs of the Victoria Concert Hall after Sunday's performance by the Tallis Scholars, a variety of comments were heard. "The music was
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    • Article
      Lock icon WHAT'S ON
      184 30 TODAY Kuo Pao Kun: A Festival Double-bill in Chinese (Singapore) Where: Drama Centre, Bpm, tickets at $22 ands32 Kuo Peo Kun: A Festival Double-bill In English (Singapore) Where: Jubilee Hall, Bpm, tickets sold out L'Orcheetre de Contrebassee (France) Where: Victoria Concert Hall, Bpm, tickets at $22, $32, $52
      184 words
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      92 30 wpsk II j j I jjf """"I I I'i'jM if/// in j i (j'. /[,<r «-fi'x> sensations you've I, <•/<•! k{|';//l! Mj H«#»" /It Iff //hilo SnOW Of lee" 4 tf, »h« Lritli'jril < of flowers followed j !ne <:/< iiui'j i\>'ift'ifiitMr'» ■>f vjmmer, and then thr r.ugnificent rc'i-. '>')<}
      92 words
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      Lock icon Page 30 Advertisements Column 2
      124 30 r iSluhlacJ tm <a si f —i A 11<l lU|<' of ll.iltic flof'S MOt lIKMII SINGAPORE ,1 loss of idf k l 11 11 y. HONGKONG 'ii• J I f fl. i y HiU mi 11 mi*i f < i itvilf >i i. ill- >I' i im! i» »i !i.i
      124 words
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      310 31 Where to wine, dine and entertain... (o> SXSiSXiJiS Mte i fijjjjjE^ESiSSSSS^EESSSSESESSISISSEI^SSS^SIZIE Indulge in exotic appetisers, authentic Indian cuisine like Chicken Masala, Rojan Josh, Naan, Tandoon specialities and traditional desserts including Mawa Balls and Mango Kulfee. All skilfully prepared by experienced chets from New Delhi. Northern Indian Buffet Dinner (1 to
      310 words
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      Lock icon Page 31 Advertisements Column 2
      29 31 »v DIAOYUTAI *;SS29 H£ ■SUUUNT Expcriencc the exquisite cuisine of Diaoyutai at Pine Court Chinese Restaurant. Reservations: 831-6262/6 jjj Ckdivd KoM Si«M 2380*7 M 737 4411 fmc fu 23*1
      29 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      910 31 t>m?liilMfgra—^^——■ Oostral 8U» Phua Chu Kang Pte 740 Fikir-Fikir. 2joo To 6.00 am: Real time —Ltd. 740 Diari Kesihatan. Financial Data. AM Kids Central: The 840 Spin. 840 Berita. aoau ii m *-00 Jesse. 840 Akhir Kata. flpwtMttj 9-30 Hello Mrs Cherry- «JO News 5 Tonight. 940 Rahsia Demi Rahsia.
      910 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 2
      265 31 CR7PTIC CROSSWORD ACROSS 7 Ibsen ptay with a pretty girfs au--1 Score for players turning out at cience (1,5,5) Rochester (11) 8 Instrument with one manual peg 9 Settle, place to sit down (7) in place (6) 10 Head for square? (6) 11 Novel enlargement of Buchan 12 ON from
      265 words
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  • KNOWLEDGE economy
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      Lock icon A virtual classroom at the office
      759 32  -  British Telecom's academy will help staff keep up with the times and share expertise with partners By 1 Marissa Chew [SINGAPORE] THE trend towards corporate universities and virtual ones at that has arrived in Singapore. British Telecommunications recently launched its own BT Academy for
      759 words
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      1014 32 1 JL SMMKttftffß&iil Asia Dekor Holdings Limited Results of The Group For The Year Ended 31 March 2000 The Directors of Asia Dekor Holdings Limited wish to announce the following unaudited results of the Group for the year ended 31 March 2000. 31 March 2000 31 March 1999 RMB'OOO RMB'OOO
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  • SHIPPING TIMES
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      289 33 Reuters Bridge News THE Baltic indices were little moved on Friday in a very quiet end to the dry cargo freight market, with many players thought to have extended Thursday's Ascension Day holiday into a long weekend break, brokers said. The Baltic Dry Index was unchanged at 1,562,
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      Lock icon MARITIME STOCKS
      269 33 mmms&mBmm Jmi n *f- 9* CWTOWrlbuHon Ol«I -0.01 23 OluanHup 0J7 am 2561 Coko Invaatment 0.20 gneti 571 Fr*taM Links. .0.23 0.02 1074 HIMNl 0.65 0.01 24 HMStflHl* 0J2 0.01 164 MCHMniHW— SjtO Midi 0 JayaHaMngs 0.T7 0.01 662 KmlCarp M0 0.12 2053 MMMFCLS 1.07 0.01 316 mwiiMrtt
      269 words
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      Lock icon ST Marine moves upscale, with $20m of deals in bag
      384 33  -  Latest job, a dredger jumboisation for Dutch company, said to be worth $10m By. Ann Toh [SINGAPORE] ST Marine, part of the Singapore Technologies group, has successfully moved into the higher value-added commercial repairs and conversion sector having bagged over
      384 words
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      Lock icon Cosco unit starts online payment service
      331 33  -  Facility will allow Cosco Shanghai customers to pay for online transactions By P T Bangsberg in Manila A CIT A XTPU A SHANGHAI unit of China's main ocean carrier has launched a banking seryice for online international freight transactions. Cosco Shanghai International Freight Co
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    • COMPETITION business rates
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        Lock icon Cheaper UK-US fares pledged
        610 34 British Midland launches intensive campaign to break into the lucrative transatlantic market from Heathrow Financial Times [LONDON] Business-class air fares from London's Heathrow airport to the United States are up to 207 per cent higher than from other leading airports in Europe such as Frankfurt, Paris
        Financial Times; FILE PHOTO  -  610 words
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      176 34 PAGE ACL i •AMI 3 II Accord Append* 5 Austral BalajiShpo 5 BSA 7 B'tangkta 8 CCM 7 CMA COSCO S CSAV 3 Central Ex 6 ChcYawj S CMmS*M 5 Colwata Cougar 3 II CVTUoMM 7 D' Ocean 5 DSR-Scoator 4 Maw 4 OpkUorti Eastrans 6 m
      176 words
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      Lock icon SHIPPING GUIDE
      15637 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AdYartisar Vassal Voyaga T»Hpftow« ETA ETA AdYartisar Vnwl Voyaga TaMpliont SIN Doom Nam Nam* Numbar Numbar SIN Dastn Nama Nama Numbar Hucrtm 29/06 20/07 Hyundai MM ELBE 56IW 65-*****44 I To ABIDJAN (ABJ) 2003 Cot* D'lvotr* To BRISBANE (BNE) 2058 Australia Q/06 22/07
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    • SHIPS IN PORT
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        631 44 Vmm) Voy No B«rth An1v«l D*p«rtur« Janaftart Spc Cajrtcor *****4 JC 05/06/7:20 05/06/840 RJlyaliyi ***** J01 05/06/840 05/06/2359 RIMti moo J01 05/06/8:15 05/06/23:59 Bay«Mtw18 M0Q9 J02 05/06/W0 05/06/16.-00 Ortont King 1 JOS 05/06/9:20 06/06/15 00 It hi T«W2 ***** J01 05/06/9:30 05/06/23:00 Jtw-02 JOI OVO6/IOJO 05/06/23:59 Wnstar 1
        631 words
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        Lock icon CONTAINER SCHEDULES
        1979 44 Booking/(Ultnce Rstls SMp Voy Mo Etb/Btr Ptrtod Ftom To Frew ACI OAHUA 022« t/*00 a ovrroo os/otw os/otoo a ovnw os/otw ovwoc 1 os/otoo oyn» os/woo 4 OVOOO OS/MW 0VT700 ta umn ojoa t/u» u ovnw mw ovwoo a 04/TTO0 OVOtW ovwoo 1 OVOTOO OS/TBt 0VT4OC 4 OVUOO
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        Lock icon GLOBAL HOLIDAYS
        187 44 Ju I Hong Kong: Tuen Ng Festival. Korea: Memorial Day. Taiwan: Dragon Boat Festival. j m 11 Germany: Whit Sunday. Sweden: Whit Sunday. Jon 12 Denmark: Whit Monday. Sweden: Whit Monday. France: Paris Bourse, Nouveau Marche and Monep equityoptions closed, Pentecost Monday. Germany: Whit Monday. Australia: Queen's Birthday.
        187 words
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        745 44 THIS report, compiled by Cockett Marine Oil Ltd, shows price range* in US dollar* Instead of single price* for a more comprehensive description of the market. Prices shown are baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        745 words
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        360 44 CartM MO Mu 989.1 0.6 8.4 0.09 89 0.04 Mm 18 OMSttv N«t*r bikkH As* Tunlntnr 'iflnirl No ibov* E2S 0 0 2 0 3 0 222 380 «w 985.5 02 124 0.06 39 0.02 JlZ 380 Max 99(14 2.0 17 J 0.08 72 004 It/ri
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    • AIR & LAND transport
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        Lock icon BAA pre-tax down 2.5% on weaker retail sales
        144 45 Bloomberg [LONDON,] BAA pic, the world's biggest airport operator, said yesterday fUll-year pre-tax profit fell 2.6 per cent because of weaker retail sales after the abolition of dutyfree shopping in Europe last year. Profit before tax and exceptional items for the year
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        Lock icon FAA threat may ground Alaska Airlines in months
        611 45 Carrier has problems managing maintenance: agency AP [WASHINGTON] The Federal Aviation Administration has threatened to shut down major maintenance overhauls at Alaska Airlines, which would ground the airline within months. The agency, its attention drawn to the airline by a fatal crash
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      • Article
        Lock icon Kuwait Airways sees 9.1m dinar loss
        352 45 AFP [KUWAIT CITY] Kuwait Airways Corportation (KAC) has projected a loss of 9.1 million dinars (5551.8 million) for the next fiscal year starting July 1, effectively delaying privatisation plans for the national carrier. KAC has suffered from cashflow problems and debts which peaked at
        AFP  -  352 words
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        Lock icon World airlines' profits plunge US$1.2b in 1999: Iata
        624 45 Fnel price rise, drop in yield to blame for drop in earnings, says global aviation body Reuters [GENEVA] World airlines saw a sharp drop of US$l.2 billion (S$2J billion) in overall profits last year, largely due to a huge rise in fuel
        Reuters  -  624 words
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        Lock icon BA turns down 20% stake in money-losing Olympic Airways
        414 45 UK carrier to also stop advising Greek airline AP [LONDON] British Airways has declined to exercise its option to buy a 20 per cent stake in Olympic Airways, dealing a major blow to Greece's money-losing flag carrier. Britain's largest airline said
        AP  -  414 words
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        Lock icon Aussie sky has room for local rivalry: minister
        258 45 Domestic sector can support more than 2 airlines, he says Reuters [SYDNEY] The Australian government said yesterday it saw room for competition in the domestic airline sector and was firmly committed to a drive towards greater liberalisation in the aviation industry. "Some
        Reuters  -  258 words
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        Lock icon Probe on frequent flyer deals Down Under
        134 45 AFX-Asia [MELBOURNE] The Australian Competition and Consumer Commission (ACCC) said it is investigating the airlines' frequent flyer programmes after receiving complaints against Qantas Airways Ltd. Media reports said some consumers have complained to the ACCC that they have not been able to use
        AFX-Asia  -  134 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1638 45 OH FUGHT ETA FUGHT ETB OF* 605 S020M 2305 Mmi am mo 0A73C2 1099 »7M3 2335 LK6J73 2350 Of 82 2055 $02* 2350 AM229 2230 RMmM $M« BIO MMO WW L **S H£ nmiitii sons mo C2352 om $022? 2230 C2351 2045 $0004 1020 tmkmtm KL0043
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      225 33 S. MINTON, TREHARNE DAVIES (SINGAPORE) Pte. Ltd. Consulting Scientists, Mariners Engineers Analytical Testing Laboratories f to insurers, lawyers, commercial and industrial companies worldwide. We are active in the aerospace, automotive, i sectors but have particular involvement in the investigation of major marine incidents. in recent years and our staff now
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      598 33 *****9 I ~—M H. United Parcel Serv- MF Mitsui OSK Lines fr Mk j ice recently appoint- has promoted ex- ft jHH ed Um Tz« Hston ecutive vice-presi- I i as vice-president, dent Kunio Suzuki FV| engineering, for the to president and Asia Pacific. Mr Lim his predecessor, J has
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      803 34 ifj AfOffTW AMERICA |1, ~QULF/INDIA SUB-CONTINENT IWBWimiIIWIWW I MUtfIWmpPmMMIB) vgsa vor ia sm wuw vp« vot omm bah iwt xa bnb <m pilang sm OOCLKTWUNK I«WSI9 17/05 M/M M/M RTIVIKO 341 M/M 20/05 M/ 05 JO/05 31/ M M/M M/M 11/ M 00a MfTAM 33WSW M/ 05 11/ M 13/
      803 words
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      661 34 linn servicM rapiVMntad by of (he Ragtsiry of #Membenoflhe Accredited Shipping Aoanh Singopof. logisH« S<nQapor» Shipptrig AtiociaHori Association M| my urii >iAti ma wr ru ha ru 3 P. RUNG SPOKI MALI I Empr«u Lity VO5OO 07/06 09/06 16/06 1 I Prinows Lily VO4OO 22/06 24/06 02/07 j I Empress
      661 words
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      1043 35 SAX SERVICE (DIRECT) vcsa vot giro uu oa« oai hou oo cot mm An nyc AA.GAMCT 020 C 31/05 IS/M 20/06 20/06 20/06 20/06 20/16 20/06 21/06 21/06 AftSTM. 0201 07/06 22/06 27/06 27/06 27/06 27/06 27/06 27/06 20/06 21/06 AftTUWUOK 0341 14/06 29/06 04/07 04/17 04/07 04/07 04/07 04/07
      1,043 words
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      1680 35 ©HANJIN SHIPPING likFl i Ikh^.Lot -Mk *****30 HAIUM SMPTMG (S) PTI ITB IOOOIIG *****35-237 SALES *****74 731 DOQMEXI *****71 274 OfBUTUK ********** MM UM *****55 FU *****45 CX MO *****V*****H TO NW USA A CANADA 1 USA CftMiMW mva/vor IW" I uwhaui/vot 5 m km m T~oi ~mr m dtt
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      227 35 KMTC NEW SERVICE TO JAKARTA AND SURABAYA COMMENCING VESSEL: FRANCONIA V.OOIS ETA SIN lOrii JUNE 2000 PLEASE CALL OUR SALES/ CUSTOMER SERVICE DEPARTMENT TEL NO. 220-8558 Aaif 1 S%S|Af lldll Pit ltd. Ufc 2701$ SI >HM H3-7177 rtWHx) MJ-7S7J7SU 7N(«NibmM hcnMlu/nMIII P»»«h« tmrtt— m»h| >|i«riai 14m IM •lMtttaS >««.nwiu/nwin (hdm-iamiu
      227 words
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      1476 36 DSR-SENATOR UNES TOUTCONTINBWr TOMEWraSBRANEANCANADA *Ma wt w ia bih mb nhi swv m naa wr w on ife foi hx hth poHMntauTiM aim MM MM iim h.m km tin aa caufonmasenator mtw iim um aa nm mm titi HANJNSM6APONE MMW K M 25 H MM SM B M 22 H
      1,476 words
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      875 36 Ajfcfl MAC-NELS S PORE M'SIA Carrier: RflN CONTR LINES, MC p. ouoawq: «jt) *****26 I~IV/\- WmWTWIIUI S»U: (084)*****9 MAMLA: (632) *****24 PB4AMO: (04)*****38 BANGKOK: (882)*****87 SURABAYA: (31)*****11 P. KELAWQ: (03)*****77 JKT (21)*****48 KUCHWQ(082)*****1-3 PORT KLANG BARCELONA MV "MED TAICHUNG" V.156S MV "LT GLAMOUR" V.0750 ETA SIN: 8-6-2000 ETA SIN: 8-6-2000
      875 words
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      700 36 EXPRESS CONTAINER FEEDER FOB N.SHEVA (CFS MUUMD. MUNMALCOUMM ALSO ACCEPTMG TO Ml HORTNBM MB WESTERN LC.O. POUTS V«*Ml SPORE N SHEVA COL OHM PKLAMG CAPE CANAVERAL V IMW 11 JON 20 JUN 24 JUN JUN TULSIOAS ¥12» 11 JUN 27 JUN 01 JUL 17 JUL CAPE CREUS V 100W 25
      700 words
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      801 37 (VnW VOY I HKfl I KHH I W I WL IMI I IA MM "IK KAN SKSTAN PCL-137 02/06 07/06 00/06 16/06 17/06 19/06 21/06 MAN TA6ATA6AEI PCL-15S 09/06 11/06 16/06 17/06 25/06 26/06 20/06 30/06 NUN SAfVMI PCI-159 16/06 10/06 23/06 24/06 02/07 03/07 05/07 07/07 MAN OAAKHtI PCL-160
      801 words
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      963 37 NEW SERVICE 1 2£L2L_Z29L2L232 I or MtSCT TO COIOMBO I 5 MVS I I GENERAL AGENTS IN SINGAPORE NMMRMM TEL 226 1900 FAX: ***** M OUTWARD (B/U COSTAR SHIPPING PTI LTD #12-00 SAUS/KGS *****57/43 INWARD KPT (D/ 0) *****85 COSTAK AGENCIES (M) SDN BID (1 NO: **********0 M SWGAfOtE 04MW
      963 words
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      434 37 IXPOtT MXPOKT "ttst —®8~ 1 jjjjj UtWC/CAWAPA SPtVICfc ,-^^c'Mr./:-.S2BL DOOtT MUROET WHE 1 RW If I Stt Rll fRt RRE Wf Stt RA W immf gg-aft-JUJDM HI—J2/M 11/17 H/g 17/17 IUH JUL -Jl/M M/M M/M—M/M BBfe 55 5% jg rS?w~S/R~ !?/m Hvjj~ SS w* iuiioiwioiii~" jtwr EXPOtT IMKXtT mm. |wr
      434 words
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      474 38 ■jjSffgjw I Hfe 1 I3fe IVO7 1 l*/P7 I 11/17 14/07 ALSO ACCFTM6 CAKO TO AM FWM- HNLAND, DfMMH, {NIMH lUSSU immm SI9KWCBS DffOKT msasicnta istr 100 |vm las Ihu Imb taw (w |b~ nBKm MUHaefflDL_ j&u ml ml ba sun wsl ml ml ml gamflMMww liw ALSO ACOPTM CAMO
      474 words
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      328 38 IVBSa VOTAGI SM CM DM JM AM DM lAN KM KXV JONG HE 0174MT »fe- XfeMfe- 73/04 uhactm %\mm izfe life nfe nfe nfe Hfe- MNORC *****0 MV I VOL I7fe 2VDA Ofe- Ikfeßfe DMGME 01 SMI life- 27fe 01/07iMtssar 0417-oiw itfe nfe nfe nfe aofe 01/07 Mmomoi!Mo«rnfeMfe)tfe- x/%- O/VK/V
      328 words
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      887 38 ADVANCE CONTAINER LINES (PTE) LTD TEL: *****21. FAX *****19, TELEX :RS ***** ACLPL Cfl NO **********0E FOB AOOKINOS PllASi CALL: *****22 SALES A MAKKITMO *****21-20 VBMt KK Vtssa VOY SN JKT KQIA RAJHA [WJ/lffi) 8NA219 h 9/6 Fri IIAOHE IUTCI) 047 6/6 Tu» 9/6 fn BUNGAMAS TUIIIH (Rfl -QQ4S—M&. ia
      887 words
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      353 38 m teum bakah mmd M 2« cmrair cam*. stok mmm TEL *****11 (6 lines) FAX: *****06 TLX: RS ***** CB NO **********0* oa wy etd uEamm mamma am vmnm mmnm no. mlam MAGUM MOM 12IHM IMUM PONTMMAI ummu mom vmam umam pwtumm mamma nam xmam mmm Mann For n|iirtti aad
      353 words
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      393 39 i BSA x MIL MYANMA \HHftl FIVE STAR UNE W (MyaNNiar NotM Um) W LMdiNf for Y«]« VESSB VOY SB PU MB POI SAGAMG 00W SB MANUMYBI 00W B PT MAUYSIA AGENTS: OOUSTtAD SMPPWG AGENCKS «UL TH (03)*****00 PU: TO. (03)*****01 PHI: TH (04)*****02 PGtfc TH (07)*****21/4 BANK LINE (A
      393 words
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      1342 39 HYUNDAI MERCHANT MARINE CO., LTD. ivgg wwr Is» 1 sou i ia i bm ant nam |by wr sou ii mI mb I imm Imv I sm I nolamazomii am m/m m/m oi/o; m/m n/u mm sxx h/m 20/0$ m/k u/os m/m MAAS $37W M/M M/M 01/07 2S/M 27/ M
      1,342 words
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      553 39 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVY LIFT SERVICE" |VKsa VOY IIiUV HBGHT SIN IK MAO MU SAV Ml Otf NYC MEW 000~] TooccotNG AMI] wit* um 1W "Wot" To7oT~ ~2!70T m7oT 2s7oT 2*70t~ "WoT i!7or o*7»~ TAPKXA AHOI3 4001ns UM 11/04 10/07 17/07 30/07 01/00
      553 words
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      1445 40 ma |wtlal mr I tfh *b» yw m «r rm nam m kh Mk im» M/E ngiwm i» jig mimir m ul m "f£i ww -iix jmm MM m jm ml. K —$8 ff& mm war- gg_ m _im wJgaw Br Hfftff— uffl WUiHI 344 M 10/84 14/04 13/04 OQOMUEtt
      1,445 words
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      45 43 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe Jo EASTMALAYSIA MIDDLEEA^/ PORTS ASIA service DETAILS Pg 8 Pg 7 (Barwil)
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  • Page 44 Miscellaneous
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      130 44 <^**^ > > > s>n> legend: Isaued by Meteorological Service Singapore K Thunderstorm A Showers y^\ Rain Temperature Wind direction and speed in knots Cloudy Day Weather W o*o Ha7y Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j Sll 9
      130 words
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      580 46 ffl*' >* r ■-■\l;.'"~~~' 4 r—^,j A'g^gtegy^gv 1 v Port Authority II of MATA IRAN, a Hydrogruphic Vessel i f S I I JMS I nH V f I i Hi I J LJJHp TnPfriiafc -I ..y *x -m^i^—■-. t wm &»£s& ?WIB mhh V #9Mfl f if IdJWk^KlMflßiv? -T-k
      580 words