The Business Times, 9 June 2000

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Microfilm: NL21874
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES WmmrSSt: M<TA/P)Qas/iyiflfla 65« SING APORE FRIDAY. JUNE 9. 2000 Internet: fittp://business-times.asial com.sg/
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  • Article
    Lock icon MARKET SUMMARY
    58 1 D 1*1127 (+25.40) nSu»(+O.S5) QttHHjT 1 STOCK KA1XET DOMES KLBBOMg "wflT %36 KHGHB 17JMJ4 Mt« BANG SENG lfcSTt* -SS.H m index my, rdjr 111 nil 111mi nil ii Wi MANILA OOMP _1J5S7.1I TAIPHWPI MRJ8 MM seodloqmpZ: MliTM.AUST ALL ORdT1M«AZIL»«I 9mm amm row itmn-r-mw NA8PAQ i i ||Mt? +tk1l
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  • Article
    Lock icon FINANCE
    63 1 FSBBX BATES U8$ SI on lis £(U&*S$per£) LfcM 1113 UN LKi m tm uh MM 1JK m SJN um BD 7.7N MM BAUT mm MM RUPIAH MM UN* •mmwmrn FUME BATES SINGAPORE* SJ» KUALA LUMPUR 7J7 JAKARTA SMI BANGKOK AM MANILA ILtt BOMGKONG &M MFD 2J4 SYDNEY JLM TOKYO
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  • Article
    Lock icon Opening up of Thai stock market on the cards
    824 1  -  hitiexclusive Brokers appeal for setting up of3oob baht support fond From,l Harish Mehta in Bangkok THE moribund Thai stockmarket, which has plummeted some 30 per cent this year, is set to see some far-reaching changes as regulators grapple with the liberalisation
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  • Article, Illustration
    Lock icon Microsoft split-up ruling set to reshape US high-tech sector
    768 1  -  Technological ferment expected as rivals break free From] Leon Hadar m Washington THE landmark anti-trust ruling on Wednesday breaking up Microsoft Corporation into two companies could herald a major restructuring of the US high-tech sector, and have a profound impact on
    768 words
  • Article
    Lock icon Novel scheme helps Craig Place buyers meet 20% downpayment
    609 1  -  Developers offer 3-year rental income upfront to cover half of downpayment By Kalpana Rashiwala [SINGAPORE] How would you like to have a guaranteed three-year rental income to pay for half the 20 per cent downpayment on your new home? Listed Guthrie
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      Lock icon Page 1 Advertisements Column 1
      149 1 How K Jfr o are pampered How to profit from tracker funds IMtUINB Top sterlM SPH yesterday announced set-up of $50m broadcasting subsidiary, SPH Media Works. MmxtPmg* IPC awaiting SGX approval for debt revamp plan. Hmxt Pmg* •<* Carrefour HHPS net loss onl^^^ 80% to $2m last year. Pg 9
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      13 1 The winners, the visionary autocrat, the reluctant judge and the faithful employees, Pg2B
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  • NEXT page
    • Article
      Lock icon Special trading counters for buybacks implemented
      590 2  -  To qualify for tax credits, shareholders must have held shares for stipulated period By Kalpana Rashiwala [SINGAPORE] The Singapore Exchange will implement its special trading counters (STCs) for share buybacks from today. And as announced by the Inland Revenue Authority of Singapore (Iras) in
      590 words
    • Article, Illustration
      Lock icon SPH sets up $50 million broadcasting unit
      642 2  -  Former chief of MediaCorp to head new company By Teh Hooi Ling [SINGAPORE] Singapore Press Holdings yesterday announced the setting up of a $50 million broadcasting subsidiary, SPH MedlaWorks, paving the way for it to become a full-fledged media company with all forms
      LAU FOOK KONG/ST  -  642 words
    • Article
      Lock icon SGX to continue evaluating global exchange alliance
      187 2 <. v > -i-vfe ni-trp^ [SINGAPORE] The Singapore Exchange (SGX) said yesterday that it would continue to evaluate the possible tie-up between the New York Stock Rrrhany (NYSE) and seven other bourses to form a global 24-hour stock martlet. "SGX will continue to
      187 words
    • ON THE grapevine
      • Article
        Lock icon Sleeping with the enemy
        55 2 WITH the keen competition in the telecoms industry these days, there's no telling who uses what A BT journalist paged a Star Hub employee, and guess what? The paging service went: "Thank you. Your page has been accepted by Mi's paging service." Ml sure has a
        55 words
      • Article
        Lock icon Hi, Jack — no, this ain't a hijack
        74 2 Hi, Jack no, this ain't a hijack CHAOS ensued at a suburban airport in Detroit, Michigan, yesterday when someone greeted the co-pilot on a corporate jet plane with "Hi, Jack". A microphone happened to be turned on, and a police SWAT team and the FBI were mobilised at Oakland International
        74 words
      • Article
        Lock icon Looking for that ideal mate, online
        79 2 A 39-YKAR-OLD bachelor in the US state of lowa has taken his search for a wife online. Joe Smith has set up SpouseQuestaooo.com, to help him find a soul mate. The Web site features photos of Mr Smith, a biography, a description of the
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      21 2 Classified First. Wont to pick up a new hobby Or timply join the paper chate? Check The Straits Times Classified First.
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      56 2 Natlwl bwiiii an endangered species?, Pg 3 WONT BE AWAKE FOR ANOTHER *hw*a..t»- r -,t 4r -there---THREE HOURS. n t u onamo/iC*; 21J% z-t'cnge than tr i• t -na *f- i r '"l a woods. the Sap*:.'tecl o'iv«*r ona f tirvv.jy'.".vl nt? endlpvi puismt of game-improvement Tb i: stress te
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  • BOURSES in alliance
    • Article, Illustration
      Lock icon National bourses an endangered species?
      525 3 With technology allowing anyone to trade from anywhere, big markets have the upper hand as their bid and ask prices are likely to reflect true value IHT [NEW YORK] Although Wednesday's announcement by 10 stock exchanges, including the world's biggest, New York Stock Exchange, of
      IHT  -  525 words
    • Article
      Lock icon TSE aims to raise profile with 24-hr global tie-up
      609 3 When time comes for Asian bourses to merge, it hopes to play key role; TSE official Reuters [TOKYO] The Tokyo Stock Exchange (TSE) yesterday said it aims to boost its global profile, especially in Asia, by joining other top exchanges to
      Reuters  -  609 words
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      138 3 Banyan Tree Ph It kC I it 'The 'lliniaU' Spa c >' lui/Ytil Hypcricinr A<>ir In Pbiiki7 i\inl\ i b\i \r/.> <'• nlirlitmnii Ul /<*/<*»v.»/#»// I h'lut ulniv t l/»( vy','/•,///,•// I /»«///1/</// //.v. t nUiK'll fl'i't', till It'll/Id >. /'< ilil//, 1 II (llL'tl. UillU .////V/ i I// |'//,V
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon IPC confident it can continue as going concern
      289 4  -  Firm says it's awaiting S6Z approval for debt revamp plan By. Jennifer Lien RESPONDING to auditors' concerns about its 1999 results, IPC Corporation yesterday said it was awaiting the Singapore Exchange's approval for its debt-restructur-ing plan and expressed confidence that it would
      Source  -  289 words
    • Article
      Lock icon Aztech, SingTel in ADSL modem tie-up
      245 4 CUSTOMERS who sign up for Sing Tel broadband services are given a choice to buy their modems from Aztech Systems from today. "With the Aztech ADSL modems being directly available in the marketplace, endusers will definitely benefit from the lower cost and at the
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    • Article
      Lock icon SingTel may sell shares of mobile unit
      296 4 Official says listing will increase shareholder valne but no time frame given Bloomberg SINGAPORE Telecommunications Ltd said it may sell shares of its cellular unit to unleash its value. "There's a good possibility," Lucas Chow, chief executive of Sing Tel Mobile Pte, said
      Bloomberg  -  296 words
    • Article
      Lock icon HR seminars on AsiaOne's Web site
      217 4 SINGAPORE Press Holdings' Internet arm Asia One is organising a series of human resource (HR) seminars as part of its services to users of its careers Web site. The seminars wUI give HR professionals a better understanding of corporate and strategic issues, Asia One
      217 words
    • Article, Illustration
      Lock icon DBS could score big with Paillart
      625 4 PEOPLE Bloomberg PHILIPPE Paillart helped double Standard Chartered pfc's profits by revamping its retail unit Can he do the same or better for DBS Group Holdings? The Singapore bank is betting on it It recently appointed France-born Mr Paillart to spearhead its consumer banking
      Bloomberg  -  625 words
    • Article
      Lock icon Bringing new life to depressed Thai bourse
      739 4  -  lock siew harish mehta PO REIGN capital has fled the Thai stock market so decisively that the current sorry state of the bourse is in stark contrast to the stellar performance of the government in pulling the country out of the crisis and
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    • Article, Illustration
      Lock icon Adroit launches IPO of 50m shares at 50¢ each
      363 7  -  7 -5m shares for pafcUe troche; firm sees profit this year By t Andrew Wee HOMEGROWN Adroit Innovations, which helps companies develop e-com-merce Web sites, yesterday launched its initial public offering of 50 million new shares at 50 cents each. The
      ARTHUR LEE  -  363 words
    • Article
      Lock icon Hong Lai Huat offering 47m shares at 28¢ apiece
      360 7  -  Construction firm expects to raise net proceeds of $12m By\ David Boey DESPITE market volatility, construction firm Hong Lai Huat Group (HLH) yesterday kicked off its initial public offering of 47 million new shares at 28 cents apiece. The group said
      360 words
    • Article
      Lock icon Chew Eu Hock in new business
      138 7 CHEW Eu Hock Holdings and a Blangadeshi bank have teamed up to run a remittance business. The company said in statement yesterday that whollyowned subsidiary Chew Eu Hock Construction Co Pte Ltd and Prime Bank Ltd, a banking company incorporated in Bangladesh, have set
      138 words
    • Article
      Lock icon Advanced Systems back in the black, but misses forecast
      283 7 ADVANCED Systems Automation (ASA) achieved a turnaround for the year ended March 31, but its net earnings of $2.9 million was still iess than what analysts had expected. Analysts polled by Barra Global Estimates had made a consensus forecast of $4.2
      283 words
    • Article
      Lock icon Analysts cool to Addvalue's IPO
      275 7  -  By Andrew Wee ANALYSTS are generally cool towards mainboardbound Addvalue Technologies' IPO, citing current market volatility. When asked how the tech stock would trade when it debuts next Wednesday, the analysts polled by BT were of the general consensus that it might trade "a few
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  • Page 4 Advertisements
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      Lock icon Page 4 Advertisements Column 1
      94 4 addvalue aHfli technologies ADDVALUE TECHNOLOGIES LTD (Incorporated in tie Republic of Singapore on 27 April 1996) sf& ii i INITIAL PUBLIC OFFERING OF 71,000,000 ORDINARY SHARES COMPRISING 21,000,000 OFFER SHARES AND 50,000,000 PLACEMENT SHARES AT 550.28 FOR EACH ORDINARY SHARES A Applications for Shares may be made on printed Application
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon KepT&T wrt: medium-term buy despite low gearing
      196 6  -  WARRANT WATCH By Ven Sreenivasan KEPPEL Telecom Transportation stock and its warrant have been rising sharply in the last two days, despite the absence of any news flows that appear to underpin the gains. And brokers seem clueless as to what is going
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    • Article
      Lock icon Untitled
      91 6 V?Be5 VCCorpnSc 30,047,000 AataOafaorHK18c 37,113,0)0 GESWIU120C 18,407,000 Tnrti 5c 15,481,000 SSfJfe?=:=:=\W OMtehmiOo-. 10,866,000 Nnqbo«tfU810c 8,463,000 NMBkIOB 8,781.000 Sta0T«itSe 8,180,000 8PH 172,881,901 DB8Qrp.» 54,198,873 Ntf EhcKfc *****,917 UOB— 47,490,492 0*rt Semiconductor 28c 41,466.028 SM5==ffl8S SjSjS i 1Mb Cot* WAri> Dehor HK15c 1*6 17J 4.3 ang^OLlCWDOOQa 2 20 17.0 ao UOBQSlCWtttOOB 7
      91 words
    • Article, Illustration
      Lock icon Stocks up again, helped by Wall St rise, market upgrade
      589 6  -  comment STOCKS ven sreenivasan STOCKS climbed higher for the sixth consecutive session yesterday, boosted by a pickup on Wall Street and an upgrade of the Singapore market by a leading foreign investment house on Wednesday. The Straits Times Index rose
      589 words
    • Article, Illustration
      Lock icon Ossia: upward momentum strong
      211 6  -  HOT STOCK By Ven Sreenivasan THE stock of sport goods and apparel distributor Ossia Internationa] has been rising sharply in recent days, boosted by speculative interest and optimism over the group's Internet forays. The counter made it to the actives list yesterday as it gained another
      211 words
    • Article
      Lock icon Market Notices
      38 6 AffTlTtl r% m r> |TJM| T td inWiMilll'liil WIWIUIvVW. sj Piitunimi mlili Ms Chine >fl kggn snnointfyl ftp\V wirn enea rrom June?. GrouD'sforavlr>tn Hffltlfrtf thflHMycomoanv ia hno> fhp nawanannr K jiTj... (jT appointment ofMr Lee Cheok
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    • Article, Illustration
      Lock icon Markets take a breather as players await key data
      502 6  -  comment CURRENCIES larry wee FOREIGN exchange markets In Asia took a breather yesterday, ahead of a key decision on euro interest rates later in the session and a Q1 Japanese GDP report, widely anticipated to be stronger than expected. Ahead of
      502 words
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      Lock icon Page 6 Advertisements Column 1
      426 6 KPMGSeminarSeries Accounting Standards 2000 Friday, 30 June 2000, 9.00 am to 5.00pm v Orchard Hotel Ballroom 3 Statements of Accounting Standard implemented for financial periods commencing on or after 1 January 2000: a SAS 1 (Revised 1999) Presentation of Financial Statements a SAS 23 (Revised 1999) Segment Reporting a SAS
      426 words
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      Lock icon Page 6 Advertisements Column 2
      46 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EIGHT important Ail applications for units in eight must be made on the application forms accompanying the prospectus investors must read the prospectus The value of ttie uints anfl the income from them may fall as weiasnse SJiH'.s
      46 words
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      64 7 ys**.-ry; f v^gift^aßl I ■MMftflUPl M W l, t "-\toi H U lF"" rF "i Mn j KM, HB' fl| HAMMMftJfipMH PlbtCM«i I BOP r i ?V PHfaßßfij 1 iPS siichi aI i i Jtp**g ■•■uHHGESHBBH 5 »ir*ff m-*ueut3MSKj j H^Bu^aS^^-T' L I'll 2. sk.ai "I UMtaßEh"' JjHKJBB| ir #&99&
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  • SINGAPORE news
    • Article
      Lock icon Research key to biotech hub, PM told
      505 8  -  Moltcolirtiid cellular biology institute a good start Stories from, Audrey Tan m Munich MAKING Singapore a biotechnology hub was clearly a key issue on Prime Minister Goh Chok Tong*s mind when he visited Munich in the state of Bavaria on Wednesday. At a
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    • Article
      Lock icon S'pore, Bavaria to develop joint tech projects
      345 8 SINGAPORE and Bavaria will work together to develop projects in modern technology, particularly in the life sciences, through closer cooperation between their universities, research institutes, companies and scientists. Prime Minister Goh Chok Tong and Bavarian Prime Minister Edmund Stoiber made a joint declaration
      345 words
    • Article
      Lock icon Germans can benefit from S'pore SMEs
      537 8 PM Goh cites local firms'networks, familiarity with Asia SINGAPORE small and medi-um-sized enterprises can add value to their German counterparts when the two become partners in Asia, Prime Minister Goh Chok Tong told a group of German businessmen yesterday. "Our local SMEs, with their
      537 words
    • Article, Illustration
      Lock icon All Epson scanner ops now in S'pore
      317 8 SEIKO Epson Corporation has transferred its consumer scanner development programme in Japan to Singapore, with the opening yesterday of its new Ss7 million scanner research and development centre here. Coupled with Epson's existing Ss4o million plant in Tuas, its only manufacturing location for
      SIEW YAW HOONG  -  317 words
    • Article
      Lock icon BI's No. 2 ready to serve as governor
      997 8  -  ON the sidelines of the Asia Development Forum which ended yesterday, one man was hotly pursued by the media Anwar Nasution. President Abdurrahman Wahid, despite himself being besieged by the "Bulogate" scandal, has demanded the resignation of the central bank governor, Syahril
      997 words
    • Article, Illustration
      Lock icon Carrefour trims S'pore loss; dismisses talk of pull-out
      673 9  -  1999 net loss falls 80%to$2m as sales improve 10% to $115 m Byl Kalpana Rashiwala FRENCH retail giant Carrefour slashed its net loss on its Singapore hypermarket at Suntec City by 80 per cent to $2 million last year on the back
      ARTHUR LEE  -  673 words
    • Article
      Lock icon Redas portal: info for public too
      295 9  -  By] Marissa Chew THE Real Estate Developers' Association of Singapore's (Redas) portal will offer information and services targeted at both developer members as well as the public. A letter listing Redas.com's features was sent out to Redas members at the end of last month.
      295 words
    • Article, Illustration
      Lock icon Q1 services sector receipts up 17%
      303 9  -  I 3on the economy services sector By< Anna Teo OPERATING income in the services sector rose a strong 17 per cent year-on-year in the first quarter, with all the key industries except real estate reporting higher turnover. Business receipts index data released yesterday by
      303 words
    • Article
      Lock icon Solid base for S'pore-Aussie ties in new areas: BG Lee
      284 9  -  From' Wong Wei Kong in Perth THERE is a solid foundation on which Singapore and Australia can continue to work together to find new areas of cooperation, Deputy Prime Minister Lee Hsien Loong said yesterday. "There is much to gain
      284 words
    • Article
      Lock icon Stop complaining about M&As and do something
      389 9  -  jnailL!il'l Narayana Narayana OVER the past few months, there have been a few takeover bids and proposed mergers. The ongoing battle in the proposed Vickers, GK Goh merger is exceptional in that holders of substantial interests have felt it necessary to voice their
      389 words
    • Article
      Lock icon Doctors' customer service poor
      317 9  -  Rowena Yeo I REFER to the article written by Jamie Ee, "Speak up, and keep the doctor on his toes" (BT, June 2). I ftilly sympathise with the writer on her experience with the dentist as described in the article. In every job that we do,
      317 words
    • Article
      Lock icon David Ban failed shareholders
      257 9  -  John Soh I AM aghast by David Ban's press statement (BT, "Ex-Vickers director clarifies position on merger", June 3) that he had bowed to pressure to vote for the Goh-Vickers merger, "fully aware that the merger was still ultimately subject to Vickers Ballas shareholders' approval". It
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      39 8 Brought to you by Peter Lai Jewelry Standard Ch&tered Qredit Cards I Exclusively jtk J5 V"' Standard Chartered Credit Cardmembers At Pe^l&tj^eh^, uk nou; offer all < Standard Chartered jpredit Cardmembers 9t i 2-month-interest free plan* that makes jg pa\rnent
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      Lock icon Page 8 Advertisements Column 2
      126 8 Marina Mandarin June 12-13 Hotel 2000 Orion Room, Level 2 10 am 5 pm PARTICIPATING US STATES Arkansas, Illinois, Mississippi, Missouri, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania South Carolina Find NEW PRODUCTS AND TECHNOLOGIES for following industries: Aerospace Food Packaging Plastics Machinery Agriculture Machinery Forestry Timber Process Equipment Automotive
      126 words
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      96 9 11J 1 "I "I ow healthy is your baby? J J J From now till 15 June 2000, you can bring in your baby for a 33-point inspection. It only costs $68 which we'll waive when repairs are done by us*. So visit any of our newly renovated Customer Service
      96 words
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  • COMMUNICASIA2000
    • THE Buzz
      • Article
        Lock icon A flop of a joke
        88 10 IS there an information overload at CommunicAsia and are conference participants dozing off and needing to be woken up? One speaker at MobileComm 2000 resorted to telling what he warned was a rather bad Joke at the start of his presentation. He asked: "If a
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      • Article
        Lock icon Pay up first
        42 10 SINGAPOREANS who complain about questionable billings by phone companies should consider themselves lucky. In China, subscribers have to pay up first before they can get an itemised billing of their calls, according to Ted Dean, partner of BDA (China). •>/'*
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      • Article
        Lock icon Going for broke
        70 10 LOOKS like broking houses will have set up shop at another IT trade show. Lim and Tan Securities and Ong and Company have taken booths at CommunicAsia and have signed up an estimated 400 new accounts during the first two days of the show. At Comdex held
        70 words
      • Article
        Lock icon Free mobile phones, anyone?
        89 10 FT must have been an early Christmas for many of the trade visitors at CommunicAsia because Santa Panasonic was giving away free mobile phones. Yep, you heard it right first time. No gimmicks, no strings attached, all you had to do was to fill out a
        89 words
    • Article
      Lock icon New revenue sources needed for mobile telcos
      508 10  -  As voice calls might be free one day, operators have to look at other sources like data traffic Byi Catherine Ong MOBILE operators are under pressure to find new sources of revenue to cushion their earnings against the day when voice calls may
      508 words
    • Article, Illustration
      Lock icon Computer as fashion accessory?
      99 10 FANCY a computer you can wear? IBM Corp is showing prototypes of its "wearable" computer (above) at CommunicAsia. The unit has a headset with a micro display, a one-handed controller with a Track Point and click button, and a processor unit about the size of a
      SIEW YAW HOONG  -  99 words
    • Article
      Lock icon WIN unveils broadband wireless multimedia devices
      305 10  -  By. Aaron Lye HOMEGROWN Internet company Wireless Interbiz Network (WIN) unveiled a range of wireless broadband multimedia devices at CommunicAsia 2000 this week. The first, the Winßoard, is a wireless electronic bulletin board that provides real-time information updates. It allows for interference-free reception in
      305 words
    • Article
      Lock icon DCS Solutions aims big with new SME package
      365 10  -  It targets 10 per cent market share f»r its e-commerce solution By, Jane Cheong DCS Solutions has big ambitions with its "Quick Start ASF' package for small and medium enterprises, launched just two months ago. Within a year, this homegrown application service
      365 words
    • WHAT'S new
      • Article
        Lock icon Aces to start ops in Sept in Indonesia
        61 10 ACES (Asia Cellular Satellite System), a satellite-based personal mobile telecommunications system, will start operating in September in Indonesia before its servioes are rolled out to the region. With an Asia-wide footprint covering about three billion people, the system offers dual mode (satellite/GSM)
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      • Article
        Lock icon Smallest ISDN Net router ever launched
        51 10 LIGHTNING Instrumentation SA, the Swiss manufacturer of secure Internet routers and dedicated access, has launched the Pocket Multi Com, claimed to be the world's smallest ISDN Internet access router. It comes with a built-in firewall and optional 128 bit key encryption. To order, visit
        51 words
      • Article
        Lock icon Motorola cellphone-cum-PDA soon
        53 10 MOVE over Palm Pilots, here comes the new Motorola Accompli A6lBB, a GSM dual-band cellphone cum personal digital assistant. Weighing 155g, the A6lBB is enabled with a WAP 1.1 microbrowser and features a touch screen with English and Chinese handwriting recognition. Available from late July. Fax 483
        53 words
  • Page 10 Advertisements
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      1063 10 Wassail Asia Pacific Ltd NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Annual General Meeting of the Company will be held at The Dalvey Room, National University of Singapore Society, 9 Kent Ridge Drive, Kent Ridge Guild House. Singapore *****1 on June 30, 2000 at 11.00 a.m.
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  • eNews
    • Article
      Lock icon Top record labels near settlement with MP3.com: sources
      401 11 NEW YORK Reuters AFP THE five largest record labels are close to a settlement of a copyright infringement suit with MP3.com Inc that would allow the online music site to include their songs as part of an Internet-baaed database, record executives told
      Reuters; AFP  -  401 words
    • Article
      Lock icon Online mag Salon.com lays off 13 employees
      288 11 NEW YORK NYT THE carnage in the world of Web-based journalism continued on Wednesday as Salon, com, one of the highestprofile Web magazines, laid off 13 employees in an effort to make up an expected US$7 million (Ssl2 million) shortfoil in its US$35
      NYT  -  288 words
    • Article
      Lock icon FBI probing eBay auctions for fraud
      575 11 SAN FRANCISCO Net Mictions giving life to old scams as they are hard to police: experts Reuters Bloomberg AFTER an online auction last month saw a painting listed for 25 cents go for U*****,000 (*****,200), the FBI has opened a probe into whether people
      Reuters; Bloomberg  -  575 words
    • Article
      Lock icon EU unveils tax system for Net sales
      238 11 BRUSSELS Reuters THE European Union's executive body on Wednesday unveiled a long-awaited proposal to change the way value added tax is levied on software and music downloaded from the Internet in a move it said should help EU exporters. The proposal would also
      Reuters  -  238 words
    • Article, Illustration
      Lock icon Play on the move
      65 11 [TOKYO] Japan's Sony Computer Entertainment (SCE) president Ken Kutaragi displaying the new portable game console PSone during a press preview at a hotel hereyesterday. The PSone, equipped with 32-bit RISC processor on its CPU and 4-inch LCD display, can be connected to a mobile network. Sony
      AFP  -  65 words
    • Article
      Lock icon Machines, not people, will soon be the heaviest users of Internet: expert
      521 11 LONDON He predicts consumers in developing world will be mtst sophisticated Net vsers Reuters WASHING machines will soon be surfing the Internet and electronic paper will start making telephone calls, technology guru Nicholas Negroponte told the International Advertising
      Reuters  -  521 words
    • Article, Illustration
      Lock icon Bishan to get S'pore's first Internet home
      239 11  -  The 4-rtem HDB flat will be Net-ready round the deck By Tan Shi'an SINGAPORE'S first Internet home will be a reality soon. Cisco Systems, the Infocomm Development Authority of Singapore (IDA) and Sing Tel Aeradio have joined hands to turn an ordinary four-room
      239 words
    • Article
      Lock icon Kids on the Net tripled since 1997: survey
      258 11 SAN MATEO, California AP CHILDREN are fuelling the Internet explosion, according to a new US survey that found the number of two to 17-year-olds logging into cyberspace has tripled since 1997. "The notion that children are an emerging market is no longer
      AP  -  258 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Making sense of dotcoms in accounting
      734 12  -  rim bottom line OPINION john miller Thewriter is head of Singapore affairs at the Association of Chartered Certified Accountants (ACCA). The association contributed this article. THIS was the reaction of one veteran Wail Street trader after the recent sharp falls in the value of
      734 words
    • Article
      Lock icon IN OTHER WORDS
      120 12 'A year ago, everyone was talking about (revenue) growth and how they'd be huge 10 years from now. Now, it's whether they can survive the next 10 months with the cash they have.' -BriuQme an investment manager, on how a drop in the Nasdaq is making it
      120 words
    • Article
      Lock icon Euro's lesson for Asia
      644 12 EDITORIAL IF there's a lesson to be learnt from the way financial markets behave these days, it is that things have a tendency to get overdone, only to reverse course eventually, and correct back to more realistic levels. The euro is a classic example of such
      644 words
    • Article, Illustration
      Lock icon Asia could see a repeat of the bad summer of '97
      917 12  -  Japan in recession, weak regional currencies, slow reforms, an uncommitted US all these add np to quite a bleak prognosis *y Tom Plate LAT-WP IT'S a sad thought but the truth is that the Asian financial crisis is probably
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      Lock icon WHAT THE OTHERS SAY
      833 12 The r«d motive MONEY, power, greed and political blackmail. This is the stuff that Jeffrey Archer's best-selling political novels are made of. These elements exist in the long-running confrontation between Bank Indonesia governor Sjahril Sabirin and President Abdurrahman Wahid. True to Archer's style, this story is
      833 words
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  • REGIONAL news
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      Lock icon Promet share deal off: Rekapacific
      389 13  -  I exclusive Sob Ghee Wen's Indra Pesona is still the beneficial owner From. Eddie Toh in Kuala Lumpur THE spat between fugitive businessman Soh Chee Wen and Ling Hee Leong the son of Malaysian Transport Minister Ling Liong Sik has worsened. Rekapacific Bhd, which is
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      Lock icon UEM plans Malaysia's biggest IPO
      543 13 KUALA LUMPUR ItisB&idtobe mjigiriftring galling 25-35% of Plus to raise RM4b Bloomberg UNITED Engineers Malaysia Bhd (UEM) plans to raise RM4 billion (SII.B billion) from the initial offer of shares in its toll-road arm by the end of the year, in what will be the
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      Lock icon Megat urges PM, Daim to dear rumours of rift
      437 13 KUALA LUMPUR Such political uncertainty has hurt investor confidence in Malaysia Reuters A MALAYSIAN corporate leader yesterday urged the country's prime minister Mahathir Mohamad and Finance Minister Daim Zainuddin to clear up rumours of a rift between them, saying that the
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    • MARKET moves
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        Lock icon While Gamuda-bashers take a breather...
        193 13 STOCKS of construction and infrastructure group Gamuda made a slight recovery yesterday, regaining some of the ground the counter lost in the first three trading sessions this week when it shed close to 20 per cent of its share price. Analysts said fund managers unhappy
        193 words
      • Article
        Lock icon ... motor stocks take a hit
        176 13  - motor stocks take a hit Compiled by Diana Oon Abdullah MOTOR dealers Edaran Otomobil Nasional (EON) and Cycle Carriage Bin tang were among the day's top losers yesterday, after managing to hold steady in the last few days of selling on the stock market. EON was the day's top loser,
        176 words
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      Lock icon Indon A-G faces test of professional integrity
      530 14  -  He backs president; but will take Gus Dur to court should any evidence link him to Bulogate By' Yang Razali Kassim [SINGAPORE] INDONESIA'S low-key but combative Attorney-Gen-eral, Marzuki Darusman, may have taken on two presidents and won. But a new fund scandal is
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    • Article
      Lock icon KL industrial output posts slowest rise in 3 months
      288 14 KUALA LUMPUR Bloomberg MALAYSIA'S industrial output posted its smallest gain in three months in April as production of electronics and other manufactured goods grew at a slower rate. Output rose 18.6 per cent in April from a year ago after expanding
      Bloomberg  -  288 words
    • Article
      Lock icon Philippine bank sale fails as only one bidder is left
      357 14 MANILA Govt may try again as the sale is aa IMF condition for aid Reuters THE Philippine government yesterday declared its planned sale of PhUippine National Bank a failure because there was only one bidder. "There will be no more
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      Lock icon Bank Bali recapitalisation set to proceed this month
      317 14 JAKARTA Scion welcomes govt's decision despite ongoing dispute Reuters INDONESIA will recapitalise Bank Bali this month despite a legal dispute between the government and the founding family of the bank. The announcement yesterday by the government's Financial Sector Committee was greeted positively
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      Lock icon IMF urges Indon ministers not to publicise differences
      501 14 JAKARTA AFP Reuters INDONESIAN Cabinet ministers are undermining investor confidence by voicing their differences in the open and should keep their arguments behind closed doors, IMF country representative John Dodsworth has warned. "The government has to be consistent in implementing its programmes
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    • Article
      Lock icon An IPO that's not for the superstitious
      182 14 KUALA LUMPUR Reuters MALAYSIAN ftineral and cemetery company NV Multi Corp Bhd has received approval to list its shares on the Kuala Lumpur Stock Exchange. NV Multi, which describes itself as Malaysia's only integrated death care service provider, will issue 10.53 million new
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      Lock icon Getting into the summit mood
      74 15 [SEOUL] Employees of TechnoMart, an electronics shopping mall in Seoul, wear masks of South and North Korean leaders shaking hands in an event for customers yesterday to celebrate the historic June summit next week between the two Cold War foes. South Korean President Kim Dae
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    • Article
      Lock icon India says it has enough reserves to support rupee
      441 15 NEW DELHI Reuters FINANCE Minister Yashwant Sinha on Wednesday admitted the Indian economy faced the twin problems of a weakening rupee and rising inflation, but said such pressures were "temporary". India has enough foreign exchange reserves to weather the current pressure
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    • Article
      Lock icon Hutchison, Investor AB team up to bid for 3G licence in Sweden
      493 15 HONGKONG HK group closer to pan-European mobile-phone network Bloomberg HUTCHISON Whampoa Ltd, Hongkong's biggest company, and Investor AB, the holding company of Sweden's Wallenberg family, said they will form a venture to bid for one of four third
      Bloomberg  -  493 words
    • Article
      Lock icon Sun Hung Kai sets project below market price to attract skittish buyers
      504 15 UHONGKONG Mm may cause developers to give next govt land auction a miss Bloomberg SUN Hung Kai Properties Ltd yesterday said it will try to sell new apartments below market prices, hoping to lure buyers concerned that rising
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    • Article
      Lock icon SCMP may spin off job ad arm for listing: analyst
      223 15 HONGKONG Bloomberg SOUTH China Morning Post (Holdings) Ltd, publisher of Hongkong's main English newspaper, may spin off its job advertising source of 55 per cent of its revenue as a separate public company, said an analyst who met with management.
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    • Article
      Lock icon Bank of East Asia in talks to buy two US regional banks
      410 15 HONGKONG Its eatiae huUig businesses nay be bhei effaii Hated eaHKbenrae, says chairmu Bloomberg THE Bank of East Asia Ltd, Hongkong's third-largest publicly traded bank, said it is in talks to buy two regional banks in the US
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      341 13 Ballroom, Hilton Singapore Sunday, June 11, 2000 Viewing time 10.30 am -12 noon Auction sale From 12.15pm We are knocking an unprecedented 50% off the reserve prices of all our rugs for the opening bid. Only during the Great Singapore Sale! Up for bids are: highly collectible Persian Kashan circa
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      140 14 $/*/> up your recruitment effort flfal for as little as $26. Jjj Call 1800-737-I 1(6 for fast results. Wfi&WPMWBSA, Years Ago, I Asked My Rich Dad, "What Advice Would You Give To The Average Investor?" His Reply Was, "Don't Be Average." iMMHPjI 111 111 11 (1 Times The Bookshop is
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      185 15 1^ "NoW4«**o*yraW INCREDIBLE IT FEELS TO HIT A PERFECT SHOT." V p- <JI Chris Newton-IS Handicap i fa U I V* 1 "We make our clubs so you can get the wonderful sensation of hitting a golf ball...perfectly." Ben Hogan New from Ben Hogan, Apex Plus™ irons. Forged 1030 carbon
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  • WORLD news
    • Article
      Lock icon Half a point rate rise in Europe
      348 16 FRANKFURT European Central Bank's mm and fund allocation plan boost euro Reuters THE European Central Bank surprised markets with a bigger-than-expected half a point rate rise yesterday, saying it should clear the horizon for interest rates for some time. The move, combined with
      Reuters  -  348 words
    • Article
      Lock icon Robert Fleming family may get US$2.2b from sale to Chase
      243 16 LONDON Bloomberg THE founding family of Robert Fleming Holdings Ltd, the UK securities firm, stands to get about US$2.2 billion (Ss3.B billion) from the sale to Chase Manhattan Corp. Chase, the second-largest US bank, agreed to buy the London-based Fleming
      Bloomberg  -  243 words
    • Article
      Lock icon Higher oil prices push up May US import prices by 0.6%
      144 16 WASHINGTON Reuters HIGHER oil prices pushed up US import prices by an unexpectedly high 0.6 per cent in May, the government said yesterday, strengthening expectations that there would be an increase in a broader range of prices. The Labor
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      Lock icon SM Lee doubts efficacy of an Asian Monetary Fund
      534 16  -  He says it's Ungh for regional parties te dish out 'bitter medicine' From. Anthony Rowley in Tokyo SENIOR Minister Lee Kuan Yew yesterday poured cold water on hopes that Japan's idea for an Asian Monetary Fund (AMF) can be revived, but
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    • WORLD Watch
      • Article
        Lock icon Prudential Insurance profit down %
        77 16 Prudential Insurance profit down Reuters [NEW YORK] Prudential Insurance Co of America, the No 1 US life insurer by assets, which 1s preparing to go public, said on Wednesday net profit tor IMB fefl 28 per cent as realised investment grins, boosted the previous year by real estate deals, tell
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      • Article
        Lock icon Portable Playstation coming
        80 16 Reuters [TOKYO] Sony Corp's game-making unit, Sony Computer Entertainment yesterday said it will launch a portable version of its older 33-bit Play Station console in a bid to remain ahead of the pack in the lucrative video game market. The new product. PSone, can be connected to
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      • Article
        Lock icon Credit Suisse to split insurance
        60 16 Bloomberg [ZURICH] Credit Suisse Group, Europe's sixth largest bank, plana to split its retail and insurance businesses, The bank will create separate unite fbrttte insurance, banking. pers™*' management, private banking and Credit Suiaae First Boston, an investment bank. IT* overhaul the seeonftfci three months, oomesss
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      • Article
        Lock icon Japan brokerages to tie up with
        18 16 Nomura Securities, plan to tie up with a new bank to be
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      Lock icon Accounting firms reach pact with SEC on disclosure
      348 16 WASHINGTON Big 5 te declare if they owned steck in firms they audited Reuters THE Big S accounting firms kcve-rtflcUM an agreement with the Securities and Exchange Commission to voluntarily report past violations of rules barring firms and their employees from owning
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    • Article, Illustration
      Lock icon Former Aussie tycoon Alan Bond appears on TV as star of employment ad
      210 16 PEOPLE Reuters [CANBERRA] Former Australian tycoon Alan Bond, released from jail in March after serving three years for fraud, was back dabbling in television yesterday. This time, though, he was not working on a multi-million dollar takeover
      Reuters  -  210 words
    • Article
      Lock icon Economy on the mend, Japan assures markets
      544 18 TOKYO Data oat today will show growth of at least 0.4%, but fall in bank loans, rising yen remain a threat Reuters JAPAN'S government, facing an election in barely two weeks, sought to assure markets and voters yesterday that the economy broke a
      Reuters  -  544 words
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      Lock icon Olympic torch arrives in Australia
      78 18 [ULURU, Australia] Nova Peris Kneebone (right) and her daughter Jessica running with the Oiympic torch after its arrival here yesterday. In the background is Uluru, formerly called Ayers Rock. Ms Peris Kneebone, Australia's first ever indigenous Olympic champion when she won a gold medal at
      REUTERS  -  78 words
    • Article
      Lock icon Aussie jobless rate hits 10-year low of 6.7%
      362 18 SYDNEY Tkeecenemy added twice as many jobs as expected in Hay Bloomberg AUSTRALIA'S jobless rate fell to a 10-year low of 6.7 per cent in May, matching February's rate, as the economy added twice as many jobs as expected and countered recent
      Bloomberg  -  362 words
    • Article
      Lock icon Hyundai Motor puts off plan to form new group
      223 18 SEOUL AFP SOUTH Korea's Hyundai Motor Co has put off a plan to form an independent group as its chief is staying abroad after a dispute with his father, the Hyundai founder, officials said yesterday. Hyundai Motor was to have sought
      AFP  -  223 words
    • Article, Illustration
      Lock icon 50 NYSE stocks to be quoted in pennies in Sept
      329 19 NEW YORK This is part of US securities industry's move towards decimalisation Reuters THE New York Stock Exchange (NYSE) in September will begin quoting 50 stocks in pennies, as part of the US Securities industry's move towards "decimalisation", NYSE chairman
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    • Article
      Lock icon CME restructuring could spell end of open outcry
      352 19 CHICAGO Chicago Mercantile Exchange members vote to demntnalise Reuters TUESDAY'S vote to restructure the Chicago Mercantile Exchange (CME), an attempt to stay competitive in the electronic age, could help speed the demise of the colourful open outcry trading pits that have defined
      Reuters  -  352 words
    • Article
      Lock icon Merrill hires BOA chip industry analysts
      110 19 NEW YORK Bloomberg MERRILL Lynch Co said it hired a group of seven bankers and analysts for the semiconductor industry from Rank of America Corp's securities unit, in an effort to bolster its technology investment banking business. Merrill said it hired investment bankers Rex
      Bloomberg  -  110 words
    • Article
      Lock icon Storm over 'hardworking' staff ad
      147 19 AFP [LONDON] A British Job centre manager sparked a furore on Wednesday after he refused to display an advertisement for a company seeking a "hardworking and enthusiastic" employee, ruling the wording could discriminate against disabled people. The manager tokl publishing Ann Midlands Media that its
      AFP  -  147 words
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      1580 16 ZAGRO ASIA LIMITED NOTICE of fifth ANNUAL OFNEBAI uriiTlNf. NOTICE IS HEMBY GIVEN that the Fifth Annual General Meeting of Zagro Asia Limited will be held at 29 Woodland* Industrial Part El. North Tech #04-15/16, Singapore *****6, on Thursday, die 29th day of June 2000 at 2.30 p.m. for the
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      48 16 Special Offer! Yimssimo Wine Collar Model: CA\ 777 cc£i /iizn w,thGsr f I m Inclusive of delivery and kjs JL JLL/ jet up within Singapore PLUS $300 WORTH OF FREE WINES of your choice from our comprehensive range. lOffer valid until end June ***** j? m r |5|
      48 words
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      663 17 Microsoft' mlcrosoft.com I To Our Customers, Partners and Shareholders, I Over the years, we've faced a lot of challenges at Microsoft. The toughest? Turning a good idea into great software. It requires perseverance, dedication to research and development and, most importantly, a commitment to listen to our customers. In partnership
      663 words
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      1193 18 OB HOLDINGS LIMITED Fui-year financial statement on ooneußdaled reeuWa for the year mtad 31 March 2000. Theee flguree have not boon audited. Group Company SOOO rooo 2000 lifiS 2000 1999 1. (a) Turnover* 66.212 62.764 5 1,904 b J 4 11 (b) Investment income (4) 17 1,900 1,670 12 (c)
      1,193 words
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      92 19 ICf BONUS dial grand lucky draw f*AY y GRAND DRAW 1 QUALIFYING PERIOD: 26 MAY 7 JUNE I A KIA SEPHIA 1.5 WORTH 565.000* l GRAND DRAW 2 QUALIFYING PERIOD: 8 TO 21 JUNE tf" I A PROTON AND LOTUS ENGINEERED 18 SATRIA GTi WORTH 571,000" C > J GRAND
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      1374 20 NOTICE To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Notice of Annual General Meeting BUM Nippecraft Limited (Incorporated In the Republic of Singapore) RiQ To All Shareholders NOTICE IS HEREBY GIVEN that an Annual General Meeting of the Company will be hdld in the Board Room at 118
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      382 20 In The Mutter of Tha Companies Act Cap. SO And In The Multes of S H INVESTMENTS PTE UD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened ond held at 300 Tampines Avenue 5, #04-06 Tampines Junction,
      382 words
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      576 20 M THE MATTER OF THE COMPAMES ACT, CAP BO AND M THE MATTER OF M—WUi wm Wl LTD (M MEMBERS' VOLUNTARY WMOMQ UP) NOTICE 13 HEREBY GIVEN that pursuant to Section 306 of the Compamaa Act Cap. 50. a Final Meeting of la Memfaarc aI tie abova namad Company wiifbe
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      285 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALUED RESINS ADHESIVE PRODUCTS (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that purauant to Section 306 of the Companies Act, Cap. 50. the Final Meeting of the members
      285 words
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      Lock icon Page 20 Advertisements Column 5
      1254 20 NOTICE IS HEREBY GIVEN THAT THE NINTH ANNUAL GENERAL MEETING OF OSSIA INTERNATIONAL LIMITED will be held at the Boardroom, No. 10 Chmgi South Lane #074)1 OSSIA Building. Singapore *****2 on Wednesday. 28 June 2000 at lOjOQam to transact the following businesses: AS ORDINARY BUSINESS 1. To receive and adapt
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      374 20 IN THE HATTER Of THE COI WUICI ACT, CHAPTER S6 AND IN THE MATTER OF KMUTSU FURNITURE (S) PTE LTD (IN NEHBERS* VOLUNTARY LIQUIDATION) m Emorewy Oarrnm Mntng of fa rrwrtan d M *o»»«w*md Campe* aanmnt aid KM m XOC Kng G*ogi tau King (hop* Buttig. SxfapOM 20(674 on fit
      374 words
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      Lock icon Page 20 Advertisements Column 7
      632 20 IN THE MATTE* Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF ORIENTAL HOUGANG SUPERSTORE PTE HO (IN CREDITORS' VOLUNTARY LIQUIDATION) AI a MnWnq of Mambaw of lb* Company bald at I Stadium Walk Laval 2 Kotlong Thaotra Budding. S<ngopora *****8 on lb* 31»dayo< May 2000, Wadnatdoy at
      632 words
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      Lock icon Page 20 Advertisements Column 8
      609 20 REDA PUMP COMPANY (SINGAPORE) PRIVATE LIMITED NOTICE IS HEREBY GIVEN pantiant to Section 76(10Kh) at the Companies Act. Cq> »ofStappore(thc-fteCaaM»dnA<mh« al u Extraordinary GeaeraJ Meeting of the Company held on 6th June 2000 the following resolution was passed at a special icaoWoa APWOVAI WnWAWTIAI ASCTTTAWT RESOLVED THAT for the purpoae
      609 words
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  • ARTS festival
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      Lock icon A jaunt in the twilight zone
      854 21  -  liver wondered w hat it would he like to eo-e\ist with your aneestors? Love in the Title gives you a pretty good idea By Parvathi Nayar PEW of us can actually imagine our parents or grandparents as young people making the same mistakes we
      854 words
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      Lock icon WHAT'S ON
      237 21 TODAY Arturo Sandoval (US) Where: Ritz-Carlton MHlenia, Bpm, $85 Doppjo-ParaWek), Tracking Time (Australia) Where: Clifford Rer, Bpm and 10.30pm, tickets at $26 (free seating) Kuo Pao Kun: A Festival Double- biM In Chinese (Singapore) Where: Drama Centre, Bpm, limited tickets at $22, $32 Lune-ld Productions, Alice In Wonderless
      237 words
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      107 21 r >% 'T«VVto« I m H j w Reach great heights at The Great Singapore Sale You'll never forgive yourself if you miss the best bargain at The Great Singapore Sale spectacular views, free flow of exquisite Veuve Clicquot Champagne or any standard drinks of your choice from the bar,
      107 words
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      185 21 Hong Lai Huat Group Limited (Incorporated in the Republic of Singapore on 4 September 1999) INVITATION IN RESPECT OF 47,000,000 NEW SHARES OF $0.05 EACH COMPRISING:(I) 9,400,000 OFFER SHARES AT $0.28 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (II) 37,600,000 PLACEMENT SHARES BY WAY OF PLACEMENT, COMPRISING:(A)
      185 words
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      40 22 k Breaking good news! Now f fortune will be really smiling on job seekers. Sunday RECRUIT in The Sunday Times brings you a feast of career options and opportunities, on top of the usual Saturday RECRUIT bumper. Bite into it!
      40 words
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  • FINANCE & commodities
    • Article
      Lock icon Futures end up in late institutional buying
      231 23  -  SOX Derivatives Tmdln&Reports MSCI Singapore Index Chan Yet San Refco Singapore THE Singapore stock market closed higher despite a lacklustre start, with Singapore Telecom and Singapore Press Holdings leading the way. The MSCI Singapore Index gained 2.86 points or 1.06 per cent to
      231 words
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      Lock icon Futures lose 3.3 pts as market consolidates
      288 23  -  HSC3 Taiwan ftitares Chan Yet San Refco Singapore THE Taiwan stock market went into consolidation mode after four days of increase despite a small rally in the US market overnight The Taiwan Stock Exchange Weighted Price Index lost 47.59 points or 0.52 per
      288 words
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      Lock icon Oil eases on Opec uncertainty
      231 23 ENERGY REPORT Reuters [LONDON] Lofty oil prices eased modestly yesterday as dealers digested the latest twists in the saga of Opec agonies over the cartel's next output policy move. Officials made clear that the group would not act immediately to trigger a price stability mechanism
      Reuters  -  231 words
    • Article
      Lock icon CURRENCY REPORT
      340 23 Reuters London THE euro jumped more than half a cent yesterday after the European Central Bank (ECB) surprised dealers by hiking key interest rates half a percentage point and saying it would switch to a variable refi rate from June 28. The euro rallied to twomonth highs around
      Reuters  -  340 words
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      Lock icon Untitled
      1120 23 DTBEBAMK CROSS BATES C$ —fc tan Fir Pa MS te4ftfc»te» Yw W m M2SNlh H» ta- Sir iTt 8*1 8—8 BM Australia 0J73 4.900 0316 4.041 L205 4.601 ***** ***** 0325 6384 2244 1255 *****25.082 1017 4.139 1964 *198 23.019 1389 0.590 Caaata 1145 5112 0.705 4328 U80 5270 30.255
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      Lock icon Untitled
      1686 23 TOOMPUTURBS Jun8 RU88ER Mm dot* u at UQ«a) RSS1 CONTRACTS CMd/m I ClOM ft" VotaM 0m Moot* Mfk Low Salt Rnm) taterast *100 (15.00 to? 00 MJ» s«p oo nuo 400 0ct/8«c 00 ***** micmuawuM mw om MwMi Uwr Soft (tin») Winrt *00 64.50 mo Aug 00 (U5 (US iiiO
      1,686 words
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  • STOCKS east asia
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      Lock icon HK shares retreat 0.1% amid consolidation
      2612 24 HOHQEONO AFP -23J3 HONGKONG share prices dropped 0.1 per cent yesterday in consolidation mode following recent sharp gains, dealers said. The key Hang Seng Index lost 23.13 points to close at 15,876.93, ending seven consecutive sessions of gains. Turnover came up to HK19.27 billion.
      AFP  -  2,612 words
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      Lock icon Nikkei slides ahead of GDP data
      1892 24 TOKYO AFP □NDdutfK -140J2 SHARE prices in Tokyo edged down 0.8 per cent yesterday as the release of Japan's gross domestic product (GDP) data to round off the fiscal year loomed large over investors, brokers said. The key Nikkei 225 Index fell 140.62 points
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      Lock icon CHINA
      907 24 AFP DShwtoßMg -HOB CHINA'S hard currency B shares plunged yesterday as punters locked in profits after a rally of nearly three weeks that was spurred by hopes of a merger with domestic A shares. The A share market weakened due to four new share listings on yesterday and helped
      AFP; Source  -  907 words
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      Lock icon TAIPEI
      298 24 AFP PWTMn -47.58 TAIWAN share prices closed 0.52 per cent lower yesterday as late profit-taking eroded early gains, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 47.59 points to 9,067.88, following a 1.8 per cent rise in the previous session. Turnover was NT1155.64 billion against NT1148.05 billion
      AFP  -  298 words
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  • STOCKS klse
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      Lock icon KLCI continues slide amid weak sentiment
      349 25 AFP -13 MALAYSIAN shares closed 1.5 per cent lower yesterday led by foreign funds selling Index-linked stocks amid weak sentiment, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended down 13 points at 842.24. The Second Board Index was down 5.99 points at
      AFP  -  349 words
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      Lock icon Untitled
      7754 25 MOO Lwt Day Nat Cap M» lw tm <00 HMO U» Ni 420 no «N»lll ISO -Vt 4 390 340 19.1 14(.9 MO 47 M -33 307 70 47 >00. J 670 2*0 *oo*o rood Mhj 440 46 10 444 440 103 176.0 3325 2700 BAT 50c 3200 latch 950
      7,754 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      1753 26 BOMDS& WARRAHTS IMtel u* "J* Urn Cmmm HZ. 4* hart Ca (Mr Mm mm I_'- 1 f M» Mm ImMIO MM mt l««%l U8 St 19 19.5 20 20 410 1 300 171 5.90 13 S3 12 t Armstrong *0-***** IS .> JJ-J H? M 1723 16 m I AitafoodP
      1,753 words
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      Lock icon SEOUL
      266 26 AFP Q Composite lain -22.43 THE Korea Stock Exchange Composite Index closed down 22.43 points at 800.11. Volume stood at 661 million shares worth 5.7 trillion won. —AFP Dwoc Tiltcom 3SSS 400 Oangbulns 1980 -70 DaOuTaC* 0950 850 OontKootM—I 700Q -205 GdMamlngSac MIS -JOS Han Kook Tlra ?455 -35
      AFP  -  266 words
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      Lock icon MANILA
      248 26 AFP Index +143 PHILIPPINE share prices closed almost one per cent higher in thin trade yesterday as investors picked up bargains after a higher close by US stocks, dealers said. The Philippine Stock Exchange Composite Index closed 14.8 points higher at 1,537.13.— AFP *h cmm MRCAINad 0.50 uncf. 20
      AFP  -  248 words
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      Lock icon WELLINGTON
      245 26 AFP H«SM» +&33 THE NZSE-40 Capital Index ended barely up by 0.33 of a point to 2,064.54, on total market turnover of NZ5135.23 million. Widespread gains were offset by losses in the market's dominant stock Telecom, which fell 18 cents at NZS7.BS.—AFP 1 mm AdvantapaXOS Ut 004 149 AlrNZA
      AFP  -  245 words
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      Lock icon SYDNEY
      491 26 AFP FlADOriiyulai +1H AUSTRALIAN shares closed 0.4 per cent higher yesterday despite weakness in the banking sector, dealers said. The All Ordinaries Index finished 12.6 points higher at 3,063.4 while the SP/ASX2OO rose 14.1 points to 3,126.7. Preliminary national turnover was 468.18 million stocks valued at All .32 billion.
      AFP  -  491 words
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      Lock icon BANGKOK
      719 26 AFP BSEThin *175 THAI share prices rose 1.1 per cent yesterday in lacklustre trade as investors remained cautious, awaiting further indications of the direction of US interest rates, analysts said. The Stock Exchange of Thailand (SET) Index added 3.75 points to close at 344.58, and the select SET 50
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      Lock icon JAKARTA
      573 26 AFP QCanp«te laiex ♦18.75 INDONESIAN share prices staged a surprise rally yesterday to close up 4 per cent, driven by heavy buying of blue chip stocks led by Merrill Lynch, dealers said. The Jakarta Stock Exchange Composite Index closed up 18.75 points at 478.21 on a volume of 736.8
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  • Article
    Lock icon STOCKS sgx
    6570 27 SOXMAINBOARD Transaction date.Jun 8 Ljrt ydf Day LMtOMto oZ DO ni M Cm U» Cmmmr %n roop) u» mrm Sd8dr cw M $3 mS W mc AcmaSOc 10 cd Bnch 112 121 ht 10 119 5 o 21 kj iWI na 86 21 c AManca7ack 22 2] M
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      117 27 ■"My watekes are a kundred years kekind tke times. fIHBK A certain feeling of unrest keeps me going. X Jon t simply want to make watches, I want to continually improve them. [i^^SQßy 1 Jj-"*-* 1 nil means nothing less than bringing them up to the same standards of technical
      117 words
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  • MICROSOFT breakup
    • Article
      Lock icon the WINNERS
      641 28 NYT [ATLANTA] The biggest winners in a Microsoft Corp breakup may be the computer makers and customers who have been dependent on the software giant that dominates about 90 per cent of the world's desktops PCs. Manufacturers such as Dell Computer Corp should get more leverage in dealing
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      Lock icon the visionary autocrat
      833 28 Reuters AFP [SEATTLE] He went from a high school computer whiz banging out simple programs on clunky machines to chief of the world's most dominant software company, overseeing a vast empire that made him the world's richest man. But Bill Gates watched on Wednesday as a federal
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    • Article
      Lock icon the faithful employees
      455 28 Reuters [REDMOND, Washington] Microsoft Corp's array of mostly young, devoted and wealthy workers saluted their embattled leader Bill Gates and thumbed their noses at the judge who on Wednesday ordered the company torn apart. Some who could take a breather from work bashed Federal Judge Thomas Penfield
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      Lock icon the RELUCTANT JUDGE
      517 28 LAT-WP [WASHINGTON] In the end, after more than two years, 78 days of trial and thousands of pages of evidence, the final decision for the federal judge overseeing US vs Microsoft came with enormous reluctance. Thomas Penfleld Jackson, the US district judge who oversaw one of the
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      77 28 KiKffiSi™ PIE IK iiift WTO rapcm Spending Too Much Time Buying a jjuli m Hni Best ADDRESS to find Best properties in Singapore..in a snaplP Virtual 3D Tours of properties and ZOOM into nearby schools, MRT, parks etc.. A BPMM—iBooi Best ADDRESS to find Best properties In Singapore..ln a snap)l
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Kiddie indulgence
      1842 29  -  Speech classes, drama school, computer lessons, ballet, designer clothes. You thought you had already splurged a small fortune on your kids. But the truth is you can never spend enough on your kids. What about (clockwise, from top right) organic baby food, sending them to a brain gym,
      SIEW YAW HOONG  -  1,842 words
    • COVER STORY
      • STRAWS In The Wind
        • Article
          Lock icon Visceral appreciation?
          68 30 INCREDIBLE but true. At a recent Arts Festival performance, what appeared to be a lump of human excrement was spotted on the carpet near the back of the concert halL Thankfully, it was removed during the intermission. Although we're still baffled, we reckon it could have been deposited
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        • Article
          Lock icon Double edged response
          76 30 AFTER Monday's concert by L'Orchestre de Contrebasses, a member of the audience was overheard saying: "I have never ever fallen asleep at concerts, but tonight I found myself nodding off four or five times." The poor man was bored, perhaps? But no, he sounded quite pleased as
          76 words
        • Article
          Lock icon Unwelcome spotlight
          72 30 DURING the opening night performance ofKuo Pao Kun's doublebill by Jack Neo, the audience nearly got more of the limelight than they'd bargained for when a mystery photographer made his wayio the front of the seats, ife aimed his camera at the surprised audience who promptly started ducking.
          72 words
    • MOTORING
      • Article, Illustration
        Lock icon Spanish Fly
        802 31  -  German quality, Italian pizzazz and hard-to-beat value make the zesty Toledo an almost irresistible choice, says CHRISTOPHER TAN CHRISTOPHER TAN WHEN Volkswagen board member Robert Buechelhofer announced that group-owned Seat would one day rival Alfa Romeo, I held back a snigger and thought: "Right, and I'm gonna be
        ARTHUR LEE  -  802 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Jackie Chan charms, as usual
        794 32  -  But don't expect to see in Shanghai Noon, the eye-popping stunts and memorable action sequences found in his previous films By\ Susan Tsang |HH£ have come to Hassociate Jackie Chan films with goodhumoured action sequences and his own personal charm. Shanghai Noon, set in the
        794 words
    • Article, Illustration
      Lock icon CINEMA
      770 33 Any Given Sunday. Oliver Stone's bracing look at American football. A 1 Pacino stars as a coach who still believes in the magic of the game, which is slowly being ruled by financial considerations. Cameron Diaz is the ruthless owner of his team. R(A). Marina. Battlefield Berth. John Travolta
      770 words
    • Article
      Lock icon ENQUIRIES AND BOOKINGS
      113 33 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangt* 223 7529 Eng Wah Empress 777-5867 JubJiee 454-1640 Mandarin 292-9401 Marina 338-9719 Vitoesante 585-1782 Qoldan Vltlaga 1900-912-1234 332-6098 for group bookings A wheetchair facilities Bishan Boon Lay Marina Tampnes 8 fiongBahru Yishun Clement 777-0669 GoktoWwr Torn
      113 words
    • EPICURE
      • Article, Illustration
        Lock icon Refreshing dianxin
        926 34  -  Tired of the same old har gao and siew mai? tax su ten finds out how Club Chinois has made them more exciting TAN SU YEN CLUB Chinois may have a glamorous edge over other Chinese restaurants with its formula erf stylish interiors enhanced by original artworks, an
        926 words
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        Lock icon Champagne Gosset aims to be Asia's wine of celebration
        305 34 CRAVINGS WITH an MBA on top of a Masters in Law, Beatrice Cointreau was making waves in advertising when her family approached her to work for the family firm Cognac Frapin, which her family has owned since the 13th century, and
        305 words
      • Article
        Lock icon Pastries hot from the oven
        197 34  -  Compiled by Tan Su Yen IF you are overwhelmed by the aromas of fresh bread and pastries outside Isetan Scotts, follow your nose to Sun Moulin Gourmet Bakery in Baaement On* far thut mr» of delectable pastries and lovely fluffy breads. Sun Moulin Gourmet is
        197 words
    • LEISURE
      • Article, Illustration
        Lock icon Seizing opportunities to re-create
        634 34  -  GARDENING By' Thion HAVE you ever felt that with every square centimetre of your garden filled, you are entitled to sit back and relax, without lifting another green finger? Well that's what I would call a gardener's false paradise. I know because I have often been
        634 words
    • COVER STORY/UNIT TRUSTS
      • Article
        Lock icon Follow that index
        514 35  -  By Shiv Taneja The writer is with Standard Poor's Fund Services in London. For more information on Standard Poor's Micropal Stars and Standard Poor's Fund Research Ratings, please visit www.micropalcom OVER the past few years, the size of the average tracker fund that follows the FTSE All
        514 words
      • Article
        Lock icon A guide to ETFs
        615 35  -  By\ Hon Cheung The writer is managing director, State Street Global Advisors, Singapore. State Street manages the SPDR, a US$l7 billion, fund tracking theS&P5OO THE two things that Investors find particularly challenging when investing in traditional unit trusts are the high up-front fees and the fact
        615 words
      • Article
        Lock icon UNIT TRUST performance ranking
        3143 35 14. annn R- I" 1 1 3 mttie tmthi 1 year 3 yeers 5 yin Micropal launch 26-04-2000 29-02-2000 90-11-1900 31-06-1900 3046-1907 31-06-1906 atar data 31-06-2000 31-06-2000 31-06-2000 31-06-2000 31-06-2000 31-06-2000 ranking KappelSlngaporeBal"" Y 18/09/1995 -10.06 1 -6.82 1 -1.55 1 12.28 1 17.13 1 ABNAMRO
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    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Hello Europe
        891 36  -  A recovery story strengthened by rising domestic investment and stable interest rates. That? s why you should get an exposure to Europe, Henderson Investors' Tim Stevenson tells ton srbbmxvasam VEN SREENIVASAN The .steady rise in status of European corporations has sparked growing interest among Asians in European equities,
        CHRIS LOH  -  891 words
      • Article
        Lock icon Are 10-15% expected returns for real? NO.
        597 36 XIV-/* So say two finance professors whose new research comparing corporate return on equity and stock market returns over the long term shows annualised returns are more likely to be 5 points less NYT [NEW YORK] It's a truism of the investing workl
        NYT  -  597 words
      • Article
        Lock icon Some binding reasons for bonds
        920 36  -  MowEym The bond market in Singapore today is small relative to the overall investment market, and this shouldn't be the case. Bonds not only yield a higher rate of return than cash but help to reduce the overall risk level in your portfolio. christopher j
        920 words
      • Article
        Lock icon HEDGE FUNDS ARE DEAD. LONG LIVE HEDGE FUNDS!
        1423 37  -  Soros,Tii>vr. RlP'.* ■XQUBJEniBS peter douglas The writer is principal of GFTA Asset Management Consulting Julian Robertson, the manager of the legendary Tiger funds, has pulled the plug after a run of disappointing performance. Stanley Druckenmiller, key Soros money manager, and several of
        1,423 words
      • Article, Illustration
        Lock icon Directors withdraw, volumes fall
        900 37  -  aosiDEirrrrcTrei Robert Halili The writer is the managing director of Scorelab Asia (www.asiascores.com). Scorelab is a Primark company. SENTIMENT ettited fli negative territory for the fourth consecutive week. The index closed at -11.3 points, down from the previous week's score of -3.6. The negative score was
        Source: IRA  -  900 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks at Jan 7, 2000
        939 37 0«>o«—o«t 1—I H-i M* D^w>—owl 1—» mfc MO DBS Bank ■■■■■Hi HSBC ■■■■■■■■■■I M a| S10.000 A24.999 5 5000 5.5900 ***** 25.000 74,999 ***** 5.0000 5.3125 A25.000 A49.999 ***** 5.6100 ***** 75,000 149.999 5X1000 5.1250 5.4375 Dmk C$ S10.000
        939 words
      • Article
        Lock icon Riding the telecoms boom
        748 37 CSTOCKIftEEI Total Aooeee Oommneloßtloß TAC, Thailand's second-largest telecom company, should be rejuvenated by new shareholder Telenor. IDEAglobal.com thinks its shares could head higher. Telenor, Norway's leading telecom company, will pay $268 million for a 28 pa* cent stake in TAC, later topping this up to 30
        748 words
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      83 29 ft i J from EL 6 f >+ I lis L. 1 M |HH Cinema Shanghai Noon: Jackie Chan charms, as usual EL 4 1 ill i i in i > i i i i i iii ii< j Spring ■E3p,^fllESlifl3 Styles for springtime. Colours bright and beautiful. A gallery
      83 words
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      82 31 Voted the most beautiful estate in the world by Auto HHHJHH ■BRSe^K''"vßevue magazine, the new Volvo V7O has room enough how it holds the road like it holds peoples' attention. i- M tll BIAIIIA K tue uciu hoi tin inn K HI NEW VULVU V/U. Ik IllfcilfcfW IWIIW VfWt M
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      470 32 Where to wine, dine and entertain..."t(o>sa^ (aB house pm^oMatSss++-t-) Pfaufet Performance hours: 6pm- 9pm (Tue- Sat) Bpm- 11pm (Sun) live Bond Performance hours: 9pm lam (Men Sat) BBnKBBMMBtIBBIIWIiiBiWWBiI SSS22 76 Bcm Baaafa Baud, Singapore *****8 Tel: 338 8333 Fax: 339 6866 Web-ute E-mail: Re*taurant*oCarlton.com.*g rmmi Room avail m r v'-^l
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      Lock icon Page 32 Advertisements Column 2
      139 32 ■■■BSBBi I I Welcome to therich heritage of Philippine Cuisine at Chatterbox Coffeehouse 9-18 JUNE 2000 Lunch: 12.00pm to 2.30pm $23.00+++ (adult) $13.80+++ (child) Dinner: 6.30pm to 10.00pm $26.00+++(adult) $13.80+++(child) Enquiries: 831 6291 ,-y Coffeehouse lit floor I iflnp 333 Ordvard Road, Singapore 23A8&7 W: 717 4411 faxTTu 23*1 Dim
      139 words
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  • Page 33 Miscellaneous
    • Miscellaneous
      Lock icon Page 33 Miscellaneous Column 1
      1927 33 TODAY'S TV KBoommiPHDTmwnro I US Asian Editorial. 0.00 AM Kids Central: The T > 3*oo Asia Today. Puppy came up roses in The jSSSSSUr l^^BI" Ml Asia. Secret of My Success, bears. *-oo cna Today. IOVe explores the downside of ?&1& Duck/Klpp< r too A^Todtr" New York City in this
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      195 34 iHI 1 E«d week on a better note. I I Friday Jazz at Robertson Walk. w «—H*M Hmmt mm w From soothing sounds of acid jazz to sexy R&B, «*tO"laj W H Robertson Walk's where it's at. Every Friday night, from A V y Bpm to 10pm, you'll be able
      195 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Untitled
      1427 38  - Tracker funds allow you to invest in the world for a fraction of the costs of unit trusts. You'll be safe as long as the bulls are out but take a long term view to neutralise bearish markets. By GENEVIEVE CUA GENEVIEVE CUA UNTIL recently, there were no indexed or
      1,427 words
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      128 38 mm mm ih How annual fees eat into investment returns On EM 7 320 M be a significant drag on performance This chart i H shows the value in March Investors in s^SSST" i Singapore now 280 I I SSKESKt have access to *> index funds from 240—■—B—I—I—iiv»»aw«cia«on H H
      128 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      285 39 Reuters Bridge News PANAMAX shipping markets continue to bubble away beneath a calm surface, brokers said on Wednesday. Few spot grain fixtures have been reported in the past few days although Cargill was said to have taken an unnamed vessel from the US Gulf to Egypt for 55,000-60,000
      Reuters; Bridge News  -  285 words
    • Article
      Lock icon MARITIME STOCKS
      260 39 mm#"#* Jmt a m CWT OtstrAutton.—0.82 unch 71 ChuanHup 0.36 0.01 W7 Coaca hvastmant— 0.02 t347 FrtfaMUMl 0.24 unch Ml 68HoMnga 04* aoi 7 H« Sun Hup. 0.32 unch a* I Hi:—5.60 unch 0 Jpyl 0.19 0.02 2424 KappelCorp. 3.70 OM 837 Klppll FTH U04 uncti 45 MMNtMfftW
      260 words
    • Article, Illustration
      Lock icon APL-NOL signs service pact with new M'sian port
      362 39  -  Weekly service between Pelapas and Middle East begins •n Monday By Donald Urquhart [SINGAPORE] The new Malaysian port at Tanjung Pelepas' dream of becoming South-east Asia's premier transhipment hub moved a step closer with the signing on of Singapore-based mainline operator Neptune
      FILE PHOTO  -  362 words
    • Article
      Lock icon Kvaerner Fjellstrand sells S'pore shipyard
      139 39 [SINGAPORE] The Kvaerner FJellstrand Singapore shipyard has been acquired by Netherlands-based Damen Shipyards Group, it was announced yesterday. The Singapore yard, which has been languishing for some time with no buyer and no shipbuilding orders, is the most recent asset to be sold off by
      139 words
    • Article
      Lock icon Carriers not liable for oil cargo shortfall on delivery
      636 39  -  ADMIRALTY CASEBOOK By\ Selva Kumar A COURT in Pakistan has noted that it is not uncommon for pilferage and theft to take place while cargoes of oil are delivered by pipelines from ships at the port of Karachi and Port Qasim
      636 words
    • Article
      Lock icon Maersk in talks to buy 12% stake in Indian port
      293 39  -  Pipavav hopes to draw more major lines with equity offer From Rajendra Bajpai in New Delhi DANISH shipping giant Maersk Sealand is in negotiations to pick up a 12 per cent stake in India's Gujarat Pipavav Port Ltd (GPPL) in
      293 words
    • Article, Illustration
      Lock icon New Contship route links Asia and Arabian Gulf
      315 39 28-day Galax Service overs 8 pert* in 5 countries [SINGAPORE] Contship Containerizes is introducing a new Galex Service between ports on the Malaysian Peninsula, Indian sub-continent and Arabian Gulf. With a June 22 inaugural sailing, the port rotation of the weekly service
      315 words
    • SINGAPORE news
      • Article, Illustration
        Lock icon Fangcheng Harbour taps P&O Ports for makeover
        434 40  -  Port in Guangzi Zhiang seeks support to develop container transport By] P T Bangsberg in Manila ONE of China's often overlooked southern provinces aims to upgrade its maritime facilities into a regional hub for Indochina and South-east Asia, working with Australia's largest terminal
        FILE PHOTO  -  434 words
      • Article
        Lock icon Wah Kwong shareholders to buy back shares
        171 40 Bloomberg [HONG KONG] Wah Kwong Shipping Holdings, which invests in marine transport and property, said its two major shareholders would buy back all of the company's shares at HK55.65 (551.25) a share and delist the company because trading in the stock was too
        Bloomberg  -  171 words
      • PORT Shots
        • Article
          Lock icon Star Cruises' $1b loan underwritten
          83 40 Reuters MALAYSIA'S Star Cruises has announced Barclays Capital and HSBC have underwritten a US$6OO million (Ssl billion) five-year term loan facility. The two banks are coordinating arrangers for the loan. The loan, with repayment to commence after three years, will refinance the US$6OO million bridge
          Reuters  -  83 words
        • Article
          Lock icon Singamas ups China container stake
          99 40 SINGAMAS Container Holdings, which makes dry freight containers, has announced it has acquired an additional 15 per cent interest in Xiamen Pacific Container Manufacturing for USSZS6 million. Singamas previously had a 36 per cent stake in Xiamen Pacific, an unlisted dry freight container manufacturing factory
          99 words
        • Article
          Lock icon More bunker rate cuts
          55 40 MEMBER lines of the Jeddah Service Group have joined the growing number of liner groupings to announce reduced bunker adjustment factors for freight rates in tha wake of felling ftiel prices. JSG lines, which include Maersk-Sealand, NYK, P&O Nedlloyd and Hapag-Lloyd, cut their bunker rate to
          55 words
        • Article
          Lock icon ExxonMobil Marine Fuels online
          45 40 EXXONMOBIL Marine Fuels, the world's largest supplier of marine ftiels, has moved into e-trading. In the first of a number of planned agreements with e-commerce portals, KMM9 has signed a contract to participate in e-tradingafmarine fUels on BUNKERSTEM, with London-based Telemarlne.
          45 words
        • Article
          Lock icon Panama Canal signs service deal
          78 40 THE Panama Canal Authority has signed a deal with the Tennessee Valley Authority tor the latter to provide technical and professional services. The watar resources of the Panama Canal and the Tennessee River are both managed for the multiple purposes of navigation, water supply, power
          78 words
        • Article
          Lock icon SOL to sell last four Ro-Ro ships
          136 40 SWEDEN'S Svenska Orient Linien will complete its pull-out from shipowning with the sale of its remaining four Ro-Ro ships which will be chartered back for at least seven years to run the company's Scandinavia-Eastern Mediterranean liner service. The move is confirmed in the
          136 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      297 40 PAGE ECU Line 6 •AM. 3 ESPUms U Accord AimUd u Foong Sun f S WlMs M Aw XL a 6U Austral a Ge«*trai«s 6 A»ant H O rtMfita s a BSA 7 Glory Nov M STl 14 HaSunHup 13 BaUpSlipg 5 Han# 7 Bangtadesti 13 H«jin
      297 words
    • Article
      Lock icon SHIPPING GUIDE
      19003 47 THEBUSINESSTIMES EXPORT ETA ETA Admits* V«Ml Voyaga Talaphona ETA ETA Advarttsar Vassal Voyaoa Tataptiona SIN DMfn It— Nam* >w*» Numtoar SIN Dast*n Nam Nmm Numfcar Number ■■■■■■■■■■■■■■■■■■■■■■■■■■■■Hi K/0* 24/07 NO PL CHANCSHA V09SA *5-*****00 Tb ABIDJAN (ABJ) 2003 Cat* D'lvolr* ovo/ pil bunga kenari u *5-32**24 artt 01/00
      19,003 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        679 53 Vwnl Voy No Ml jnW JJtporturt jmM MrwM 1 JOT 08/06/6.15 *1/06/23:59 KRJW moo JOI 08*M*B 08/06/1700 layMarIB M0M2 J03 '0IWM6 08/0t/*00 •Mar 2 06S00 J03 00/0t/*50 0l/0t/2t00 Anquag 2 AprOO J6 00/06/8:40 09/06/500 lapi) 01/00 J03 00/06/950 01/04/2200 AqMUdtT BJ02 00/06/9* 08/06/2300 Til til I 2 20
        679 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1633 53 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Rjtls SI# Voy No Eti/ttr Ported Frwa T« Frm ACWMU 07*001 BftOO 07/BM 07/HM JM-00 U 07/I70C 34/0659 34/WK .•8 .-••"oc 04 0»'9 OHM J 00/0700 00/1W 34/UOC 4 mnm mnm mnm tS HUSKS 220 VMM 21 07/I7M 00/0454 NUM
        1,633 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        169 53 Jmm 11 Germany: Whit Sunday. Sweden: Whit Sunday. Ja 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. Philippines: Independence Day. Ja IB Malaysia: Prophet Muhammad's Birthday. Brunei: Prophet Muhammad's Birthday. Ml Hong
        169 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        755 53 THIS report, complied by Cockett Marine Oil Lti shows price ranges tn US dollara instead of single prices tor a more comprehensive daatilpOtm of the mar hat Prices shown are baaed on average* sized stem. Market movements are indicated. 11m Cockett Bunker Price Inrtai change and
        755 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        430 53 Carta* MO Ma MJ U OJI OM Mot V DMftv Mv OmMm Alt MhWh U0mmt Hi Am E2S 9 0 2 0 1 9 1=2 *0Aw NU U BJ 04A W t™. 300 Ha 990.4 24 17J 0.08 72 044 mr» »Mi »MI W —4 M»a»w
        430 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Airbus makes progress on A3XX, but delay likely
        614 54 Technical, aspects resohred, but question of Airbus revamp remains AFP [BERLIN] All technical and financial aspects of the projected Airbus superjumbo A3XX airliner have been solved, the main manufacturer for the aircraft said on Wednesday but analysts said that the sales launch
        AFP  -  614 words
      • Article, Illustration
        Lock icon Having a wheel of a time
        77 54 [BEIJING] A Chinese man on Wednesday looking at a Toyota Funcoupe concept car at the Auto China 2000 exhibition in Beijing. More than 400 cars and motorcycles are on display at the seven-day exhibition, which features exhibitors from 23 countries. Foreign auto makers have
        AP  -  77 words
      • Article
        Lock icon Air Canada, pilots break off contract talks
        188 54 Bloomberg [TORONTO] Air Canada and its 2,200 pilots broke off contract talks on Wednesday, raising the possibility of a strike or lockout at the country's dominant airline. Air Canada, which handles 80 per cent of Canada's domestic air traffic, said its final offer
        Bloomberg  -  188 words
      • Article
        Lock icon Ansett may acquire 12 B747s for US flights
        148 54 Bloomberg [SYDNEY] Ansett Holdings Ltd, Australia's No 2 air carrier, may acquire 12 Boeing 747 jetliners as part of a plan to start flying to the US, the Australian newspaper reported on Wednesday, citing industry sources. The plan to expand Ansett, of
        Bloomberg  -  148 words
      • Article
        Lock icon American, Delta in early merger discussion: report
        198 54 Talks were introductory and exploratory: WSJ Reuters [NEW YORK] AMR Corp's American Airlines and Delta Air Lines Inc held preliminary talks on industry consolidation earlier this week even discussing the possibility of a merger, the Wall Street Journal reported on Wednesday, citing people
        Reuters  -  198 words
  • Page 39 Advertisements
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      96 39 Fangcheng Harbour taps PAO Ports for makeover |P|l Airbus makes progress on A3XX, but delay likely BPg 16 CAMBODIA SHIP REGISTRY "More than 1000 vessels registered totalling about 3 million GRT since its inception" We provide 3 offer: most competitive fees no restriction on nationality of ownership/crew fast and simple
      96 words
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      853 40 I r® i .owe ,***> ***<»■» n«. ooammm mm m/m m/m a/M m/w m/v m/v m/v u/v mhkumi mm nm vm vm nm nm nm nm mm OOQMMKA 4488 n/M n/M V/V 11/ V 11/w IW M/W 11/W MMH KM V/U M/M M/M nm M/M W/M mm M/M ooq curat
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      Lock icon Page 40 Advertisements Column 2
      531 40 linM Mrvion ropmontad by (igE\z Mwnbtn of R«gijlry of AixiwtteJ Shipping Aqanh, Singgport Shipping AMoriotion NORTH WEST EXPRESS UNE ACC£PnNG CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMPIER/FREMANTLE MV "TBM" ETA SIN 28/06/2000 BOOKINGS CALL MOMCA/JUUA TEL 323 4374 CONUIMERS/ CONVBfTIOIUI CAMO wr > IH—M VW ETAPKL ETA SIN ETA MALE EhphmL*
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      Lock icon Page 40 Advertisements Column 3
      6 40 Mambw* of the Singapore Logitho Aiiooahon
      6 words
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      1186 41 TOEUROPE FROM EUROPE Ivesa voy 1 sw rtri ami ma atv sou fit tat llvcsa voy 1 rtri anr hari rrv sou fit la si! HYGHBUI 325W 12/ M 30/0* 1/07 5/07 20/0* NT MB 3244 IJ/05 22/05 15/05 11/05 11/0* MUM SS4W 15/0* 1/07 5/07 */07 J/07 LA LOW
      1,186 words
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      2101 41 (2)HANJIN SHIPPING BfeJFl U 4*l y**\m -Mb ****** MM SHTfMG (S) PTE IT® In* cm HOOK SAiB *****74 734 DOOMED! *****71 274 OfBUDOtB *****5&251 MM* UK *****55 FU S3*) 145 O«G *****49 MM TO NW USA A CANADA USA CANADA* bovu/vot I mm I sm unhau/voy sam» r~ out I
      2,101 words
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      1551 42 DSR-SENATOR LINES TO UK/CONTINEN T TO MEDITERRANEANCANADA hot TaT"" LEH HTM anh how mv ax vtssti vov sm sn Isn rot vie mth I HAMJM DMJM WW M M 0.17 B(7 SI M M MM CHOYAMB SUCCESS MOW IS M Cl 7 Ml 7 M(7 N(7 IS (7 NMUM SAN
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      937 42 Carrier MN Cfain LINES, MC P.GUQANG: tpn*****26 [ZPC/ VZJ MA1*A:«832)*****24 PPIAMQ: (04) *****34 BANGKOK (082) *****57 SURABAYA: (SI) *****11 P KBAMQ: (03) *****77 JKT (21)*****46 KUCHWQ (062) <*****-3 MANLIA TOKYO/YOKOHAMA/KOBI/OSAKA MV "ASIMONT" V.*****N MV "ASIAN PEGASUS" V.N220 ETA SIN: 12-6-2000 FTA SIN: 1 1-6-2000 KARACHI PUSAN/HON6KONG MV "NOVIA" V.015W MV
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      685 42 EXPRESS CONTAINER FEEDER FOR N.SNBM (CPS NUUMD. MUMMCOLOMO ALSO ACCEPTING TO Ml NORTHERN ANO WESTERN 1.C.0. POVTS S PORE N. SHEVA COLOMtO PJLAM TULSIDAJ Vl2l II JON Z7JUN r JUL 17 JUL CAPE CREUS VIMW 25 JUN MJUL M JUL 14JUL CAPE CANAVERAL VI2SW 82 JUL 11 JUL 11 JUL
      685 words
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      1285 43 BHK" TO? THK5 «hh I Mm I Ha I bit* 1 U W g~ ■AMtAiAUBAa kl-im ***** n705 i 5755 Tt755 ***** ***** ***** ***** ■AM SATTAM Pd-139 16/06 It/06 23/06 14/06 02/07 03/07 05/07 07/07 MMNBAAKM PCi-160 23/06 25/06 30/06 01/07 09/07 10/07 12/07 14/07 ■ANHHAOI KL-161 30/06 02/07
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      865 43 IGfISSSSIfnKsSSraE: M»ol»fSO«ID Ife nt 19M H1:22*2201 COSTAft SNIPPING PTE LTD #12-00 salb/mgs *****57/43 wwakd dcpt (D/o) *****15 COSTII MiNCIiS (i) SM tW Q MO; *****W0000M SW6ATOt! OOlfl COIIVBITIOIUL *****01/ ISO T/SHfMT PITT *****2$ TE: 02-07-35 Ml 4* FAX: 02-07-*****70 I <wnt [~W ms sttwn wi sm m u n/wr sm
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      284 43 IXfptT ill Bill m^i' jj| M! i jjjj ll/11 |jj| mmm iw*— -1® -Hi— fXPOCT IMPORT mm Iwt m m wm m |wri» w Iwi I BBBBT -H~M= Jg_M_=Bfc= iiS™ 3Z3gzJSSLZ% Mgtz jlh 55—225 ii/tf 521 u/v mmm jmm- Jim am nm Jim— SB ijjjjj iiiiliii mmB&T 155 IU^IS^SI 1
      284 words
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      359 44 f k H m T ri m J H H PtPOtT I VBSa/VOTAGf |MP |MM |MO TNP ZB |MW UN I ■mttttwiii tH hMt ii\ttJV mrh —w~j ■LrmwKßHn m l*v t/w w/y ?i/yi" 12/y EMWYBMIi I M/Pt ***** lj<7 \i/V 11/87 |1W 1 auwo to mmm- mum mmm, mmm mmm
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      312 44 VDSE VOTAM MPOMIt MMM MOV mum mum \im*MT\M- nmnmnm unpick km- umwu IMKHE 01 SM> IVM- VM- «/V--IMiSSOr M1741W l»/M KM WH KM MM MAP IMPHOBIJOI7WOW JftMJVNMM- XM twtyv MGK 01 saw 72M- OiV OVW V/V AJso aocapHng cargo to Doha. Shaitah. Kandto via Dubai. Kuwait, Bandar Abbas, Muscat via
      312 words
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      516 44 C PACIFIC INTERNATIONAL UNES (PTE) LTD N j BOHf IB 140 Cecfl Street, #03-00 PIL BtAfng, Singapore *****0. J I jfi i I ft*4 ililgE^Elillildl if TT IHuuilul I ALSO ACCZPTM POtT SUML fttKAilA. IBtHU (fOVTWNTIT GUI) VIA AMI i _I__ i. i i. I rFfflTrlTT^^^^Tfn WI.IMIIWI W.IMMTH qt.CBQM 'WWMI
      516 words
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      266 44 IM-jUJIJIMIIII-IJ thjh mjmum mm m cmwwrcßmg. irm mmn TEL *****11 (I Hm>) HUE *****06 TIX RS ***** CR HO. 2QtIII4OOOOW Mwnu nam mm kwm mmtomil mum BEASPACE SNPfMQ (S) PTE LTD 133 New Bridge Reed #0»-08 Chinatown Point T#fc *****78 FAX: *****80 LNS EXPRESS (S) PTE LTD THE SPECIALIST AND
      266 words
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      348 45 IMMM MYANMA VMM* FIVE STAR UNE T Wymmm NMM UM) w Lm4b| for Tstfti VBSS HI B PU fM PGU SAMBB MB BS BBSABTSB MB SAB BMATSIA AMTfc NWSTUI SIBfBS AMBOB Ok SI (M) MI7SM ML IS (M) S7MMI rm m IMIMIMM NS IS <*7)bibii/4 BANK LINE (A wntoW ¥Mr
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      1013 45 MMi HYUN^^ERCHANTJWAWNECOj^^D^^^^^^ iwsa ww swim m m mm W ZM mf~ M/M M W/B 25/ M 27/ M NTMB */B B/B */B M/H MTMUL SBB 11/ M «s/B M/M ti/B MUMI 22 5/*s n/E m/k n/ n'm mm am is/* n/v m/b »/b JJJ JVJJ MB 6MB M/M B/B M/B
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      514 45 vOOv WALLENIUS WILHELMSEN TO MOtTH AND UTIN AMERICA "CA* RORO HUVYUFT SBVIO* fVBSa VOT I KMT HBGMT ISM I IBC I BAO IWI SW iMLlOtf lIKIKN I M Toutcowc HmY "9KSST ~ui f»7i*" "li/fr" Ti7lT~ Ii7IT Ufa 25/07 20/ to SJ*r IUW W9T unou AMI 3 4001 mm UH 21/04
      514 words
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      1574 46 I VESSELS IWY T I Wfl. Jg) MLA LB< HTM HAM g* «rir SAUDI JUBAiL H37W 12W6 1M» 21/86 36*06 02*77 Wtl 06*07 07/07 ~oBff SAUDI YANBU Y37W IWM ZVO6 2V06 0907 08*T7 KM? IMJ7 V4AJ7 IMT7 umoeiioc ww lw zmm ~»or- wp ~igor~ ww mvw -wpy— VKXE OE TANYA
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      53 49 ,na YANGON See Page 5 Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD WEEKLY CONTAINER FEEDER SERVICE TO Lfrfe Singapore Pte Ltd BANGKOK, Providing You With More HO CHI MINH Than 90 Direct Ports of Call j urn j D p age 13 Page 6 KSH
      53 words
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      46 50 pSi- jfe&man, lues JS W[l Wt www m m mm 1 nt> B ST hoi m MMRTIUI V D K/H 17/05 00/00 05/0* 10/04 10/001 11/10 |J| »/>; 14/07 11/07 M/ 07 01/00 SWWWUiMW H O/t M/» 14/10 25/00 »/00 «/>0 U| iq/07 M/t I'M 00/00 11/00
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      38 50 •I SINOKOt MEKUNT BMW I iAMK CO* ITI. I fc* MVMSI<Tf /7»l/t7U BWH iggW^Mi FAKWIDE SNIPPING AGiNCIES Ml lit fXPO T W: 221-tttt (S Um) tac TM-ISI4 CY: CHOTAMC PtL POIT lIAIW IISM: BUM PUS: ttttAM KWT: KWMWTMW
      38 words
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      30 50 yllrnNb WAfttlOuMKb 9rnm: Sinpfne Loadtai Daiy Man lo Sa (BATAMINDO I/IH) Lit "I' m*m: LoKfeag Man, WW A fti (BATAMINDO H) AooepMn PCL/Diwii r—irwWnjnrl 4 Htmy L» Cay> MM to
      30 words
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      1038 51 ■WSAMUPERA SHIPPING LINE LTD 72 Imm iNd, #04-01 f 03, Si*««por« 07*911 MAM UME/OUTWAID: 532 Ult MW/UtD (MOh 437 2360 IMPOtT STATUS (WO): 437 2371INVENTOET (DWh 437 242* WabsH* httiK//www.MMHMUr«.<oai Ct NO. 1M*****000H iOOKiNOSUNfrS3S 6266 (C*lia/J»s»ka/M«i Chon/Jeslynn/Porq/Honim) Q33HBK3H 8 SLGS/WEEKLY 3 SLGS/WEEKLY rasa I vor I sn iai Ivßsa vor
      1,038 words
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      872 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO BMMUBt n/ot i*/» »/o» 10/0/ n/%i u/o; 21/07 it/oo »/oo n/oo i4/oo n/oo 03/w HQWHBW /H» 03/07 00/07 14/17 It/07 27/t; a/17 01/00 ot/00 03/00 ot/00 87/ M H/W 14/W 10/04 13/00 HMMMLfIa n/07 n/07 31/07 <3/w is/oi Ofm 23/00 it/w n/w
      872 words
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      615 51 NSSI eng lie smpping co pte ud| I Ml *****75 Uml Fw S)NUt/UIMM I j T qi HMMHIIH I VKSa VOT SMUA SM ETV MSTMAKM IM»S*B 7/DO 09/06 09/04 RW UnSt>37 5/00 10/0* 10/06 Mm Ums»2o 6/00 10/06 10/06 Maqe/Mt UmSMI? 5/00 10/06 12/06 s«M*> Jm Star 38 6/00 17/06
      615 words
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      611 52 I VESSEL VOY SIN MAA SIN I TIGER METRO 805N 0&07/06 12-15/06 20-21/06 I TIGER STAR 806N 09-1006 15-18/06 23-24AK I TJGER RHYTHM 807N 13-14/06 19-22/06 27-2006 I TIGER BRIDGE 808N 16-17/06 22 2V06 3CMJIAJ7 I TIGER METRO 809 M 20-21/06 26-29KJ6 04-06/07 I TIGER STAR 810N 23-24/06 29-02/07 07-06/07
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      1023 52 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO BANGALORE ON Vessel: TIGER RHYTHM VBO7N ETA SIN 13/06/2000 FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT A HEAVYUFT CARGO Lawrence Lim *****78 lawrence6flesin.com.sg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 9688 5404, VINCENT SEE 9678 5760, SUNNY YEOW *****323
      1,023 words
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      1027 52 KhMtc bl*://»w».«dt~ Vjy IfO/fIMHH w—Y IICKI S6P L« CM MEN NYC MOD I—l MBI WC HOU 01 10 SCP ooawwuMGH 14/04 x/% ovo; 04/07 04/w 05/07 ■ooamunnrao 14/05 \m ivts ii/is mas urn OOQOBJUMES7S 21/04 07/07 12/07 13/07 13/07 12/07 I OOQAMEBCA43WS7I M W OT W W IMI 00Q CAUKXNIA
      1,027 words
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      84 52 REGULAR SERVICE TO INDONESIA ETA ETD DESTVMTKM CHAHAYA VICTORY 0&06 C»O6 JAKARTA TBN 1206 14/06 PALEMBANG/PONTIANAX/MEDAN PAWGKAL BALAM (EAST TIMOR) REGULAR SERVICE EX YAMGON JUBILANT 07/06 10/06 VISAK/CALCUTTA CHAHAYA STAR 06/06 12/06 VISAK/CALCUTTA REGULAR DIRECT CONTAINER A BREAKBUuTI SERVICE TO PORT LOUB DURBAN EXPORT VOY SIN PTL DBN ALS EXPRESS
      84 words
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      123 53 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers X\ Rain emperature Cp/ Wind direction and speed in knots Cloudy Day Weather Hazv Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds Sllght 1 2m -L—One half fleche represents 5 knots
      123 words
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      103 54 —n n taipci II II 11 BQ6-2-*****478 If II 11 HONOKONO II ft ft (852) 2922-1800 If I H H H 111 I II 1 I j 1 With the uncertainty of doing business online, Tredient offers a sense of security which can only come from a global organization that
      103 words