The Business Times, 15 June 2000

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Microfilm: NL21874
Total Pages: 56
1 56 The Business Times
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  • Title Section
    Lock icon Masthead
    17 1 THE BUSINESS TIMES MiTA (P) yp. sse SING APORE THURSDAY. JUNE 15, 2000 Internet: http://business-tirnes.asia 1 com.sg/
    17 words
  • Article
    Lock icon MARKET SUMMARY
    48 1 □to 2JOUB (+17.55) MBT-SBI U ***** (+1195) PlsmsanmißEs U 2KM (+5.50) STOCK MARKET INDICES Wednesday Change KL8ECOMP WIS -US -iSBJ is.654.42 m&s BANG SENG 16,617.07—+1M.1S SCT INDEX 345.44 *18.44 JAKARTA OOMP _47MI +U1 MANILA COMP _1524J1 *i36 DOW _-.16jfel.84 XASBAQ M47J? -W Stf 500 1,***** >711
    48 words
  • Article
    Lock icon FINANCE
    73 1 FOBEX RATES LSI St oss —tm £(is— um—um EUT*0fUSS/SS/E)_«Ja IM» DM MM <1848 YEN 1*7 1.814 RM 1880 <M» BKS 7.7*- 0-221 BAHT 38J6 C.044 RUPLAH M70 aa»* st to m unta PRIME BATES SINGAPORE* 6M KUALA LUMPUR 7.87 JAKARTA .39.00 BANGKOK__ 9.50 MANILA 11.60 BONO KONO 8.56 TAIPEI
    73 words
  • Article, Illustration
    Lock icon Growing trend of buyers calling off property deals
    610 1  -  \*H exclusive Loyang Lodge investors latest to do so, after Pidemco, BBR and Poh Lian By Kalpana Rashiwala [SINGAPORE] In what is fast becoming a trend in the local property market, the group of investors who bought Loyang Lodge last December with
    610 words
  • Article
    Lock icon Soon, the small car will be a rarity in sunny Singapore
    394 1  -  ipexclusive Merged COEs, higher PQPs are resulting in bur fewer small cars being registered and retained fbj Christopher Tan [SINGAPORE] Small cars are disappearing from our roads, and at a faster rate than previously expected too. These cars, with
    394 words
  • Article, Illustration
    Lock icon S'pore's Poh Lian buying into Indon water project
    601 1  -  Massive venture with Rian official past feasibility stage Frvrnl Shoeb Kagda in Jakarta LISTED construction firm Poh Lian Holdings is taking a major stake in a massive Indonesian water project that could help meet Singapore's quest to diversify its water supply from
    601 words
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      Lock icon Page 1 Advertisements Column 1
      83 1 Stock Options Consequences of corporate America's addiction to slock options. Pg 3 ,Vv BT Comment Time to weigh cost of stock options to shareholders. Pg 4 TOO SKOntt Quamnet.com delays first public share sale. *17 US May consumer prices up 0.1%. Pg22 >■ US labour gains permanent Alan Greenspan. Pg
      83 words
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      139 1 The Microsoft breakup H I' v-i >■- -V -C- ,2. mm 1 J Sjtll IS r y*W f-^SO' T f MP3.com to compete A with rival America Online m f iai ii) j Report. Pg 19 111 Comment, Next I\hh' \3fSr 1n."),. l <11•<m,•!u t<:nk n.nl.ib!. in ~I.I I, Is.,
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon CBD parking, PCK-style
        156 2 HERE'S an e-mail we received that should serve as wonderful inspiration for our budding entrepreneurs: Phua Chu Kang walked into a bank in Raffles Place and asked for the loan officer. He said he was going to Batam on business for two days and needed to borrow
        156 words
      • Article
        Lock icon Not swanky enough this time
        84 2 SINGAPORE property developments were out of luck at this year's FIABCI awards. The awards, which recognise top-quality projects from around the world, are given out by the International Real Estate Federation. Past winners from Singapore include Suntec City and The Bayshore. The closest thing to
        84 words
      • Article
        Lock icon Boon for the soccer-mad
        90 2 HAVE you got a sports fanatic who can't decide between calling in sick and catching the latest Euro 2000 soccer matches, and keeping his job? Star Hub could help you out. Its IPower WAP (wireless application protocol) service sends the latest match scores and news updates
        90 words
    • Article, Illustration
      Lock icon Oil price rise may hit refiners hard, say analysts
      732 2  -  Not much impact on transportation firms though motorists can expect to pay more By Eugene Low [SINGAPORE] While the surge in crude oil prices will squeeze already thin refining margins even further, companies in the transportation sector here are not expected
      732 words
    • Article, Illustration
      Lock icon The case for keeping Microsoft intact
      810 2  -  -id comment TECHNOLOGY Cnt the 800-pound gorilla down to slis but not by catting it in two kenneth james JUDGE Jackson got it wrong. Yes, Microsoft Corp abused its monopoly power. It broke the law and it should be punished. Severely. But break up
      810 words
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      91 2 "Never ctiuorce voursell trom (lie Masses... Chairman Mao vv Its a Bourgeois Banc|uet at Proletariat Prices! En|oy a sumptuous selection of Hunan fare such as Viceroy Chicken the Chan mans Favourite Braised Garlic Pork and other hearty dishes such as the Hunan-style Chilli Prawns With incredible quality at an unbelievable
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      80 2 Staff morale high, no defections: Gates, Pg 22 THANKS FOR MAKING THESE A REALITY FOR US! Pioneer n leading E-Commerce company since 1995 Clients in Smganorc.'Chrna.HongKong Malaysia.lndonesia.UK USA. One of the; Rare Pro f it ih'e d< >• corn's in the world 1 Projected Revenue*- for FY2OOO SS7O million Projected
      80 words
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  • TAX breaks
    • Article, Illustration
      Lock icon America's Addiction to STOCK OPTIONS
      1261 3  -  There's a big price to pay for what's been considered a free lunch, reports GretchenMorgßnson Gretchen Morgenson NYT Microsoft and Cisco Systems, two of America's most profitable companies, are well on their way to owing nothing in federal income taxes on the money they have
      NYT; FILE PHOTO  -  1,261 words
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon Former banker starts Asia's first secondary loan auction site
      414 4  -  MAS-approved site targets institutions and global outstanding loan book By\ Ling Su Ann [SINGAPORE] Debtdomain yesterday launched Asia's first online auction site for secondary market loans. debtdomain.com is a global trading platform that allows banks and other financial institutions to anonymously
      414 words
    • Article
      Lock icon Trek 2000 latest investor darling
      376 4  -  Analysts point to big potential for its thumb-sized drive Byi Andrew Wee INVESTOR interest in newly-listed Trek 2000 International is now red hot with the Sesdaq counter hitting a record price in heavy trading yesterday. The 22 per cent jump to 74 cents is more
      376 words
    • Article, Illustration
      Lock icon i-One concedes past mistakes in plan to revamp kiosks
      433 4 HAVING learnt some lessons from its less-than-suc-cessful initial launch of interactive kiosks on Orchard Road, mainboard-listed i-One.net is ready to try again with a new, improved version. "We've learnt from some past mistakes," admits Lim Chin Tong, i-One's managing director, who
      FILE PHOTOS  -  433 words
    • Article
      Lock icon Time to weigh cost of stock options to shareholders
      745 4  -  PSWMH iocksiew wong wei kong HOW that the tax treatment of stock options has been addressed, it is perhaps time to look into how much stock options really cost a company and its shareholders, particularly in the case of listed firms.
      745 words
    • Article
      Lock icon i-One associate moves in on China market
      383 4  -  It will set up kitsks m 10 Chinese cities by Sept; public listing likely to follow Reports by Jennifer Lien I-ONE.NET International's China associate yesterday unveiled plans to penetrate the Chinese market and said it would consider a public listing after September this
      383 words
    • Article, Illustration
      Lock icon HK IT firm FDS bucks trend with IPO this month
      519 5  -  By] David Boey FDS Networks Group, a Hongkong-based information technology firm which was caught out in the recent rout in IT stocks, is still aiming for a mainboard listing on the Singapore Exchange. With the local stock market still feeling
      ARTHUR LEE  -  519 words
    • Article
      Lock icon For iProperty, real estate has no borders
      401 5  -  |:il exclusive Online firm aims to cross-market property in S'pore, HE, Malaysia and China Byl Toh Han Shih iPROPERTY, a Singapore Internet property firm, is boosting cross-marketing of properties across international borders. In a few months, buyers in Singapore, Hongkong and Malaysia can
      401 words
    • Article
      Lock icon Pacfusion.com adds products from Travelhopper.com
      187 5 DOES the search for travel accommodation frustrate you? Nasdaqlisted Pacific Internet may make things easy for you. Yesterday, it took another step towards beefing up content on its e-business portal, Pacfusion.com, by tying up with Travelhopper.com. Under an agreement signed between the two, the co-branded
      187 words
    • Article
      Lock icon Cheung Kong shareholders okay Li Ka-shing stake
      151 5 Reuters [HONGKONG] Hongkong property giant Cheung Kong (Holdings) yesterday said that shareholders had approved issuing new shares to company chairman Li Ka-shing in exchange for his interest in a Singapore property. Shareholders also approved a waiver that would excuse Mr Li from having
      Reuters  -  151 words
    • COMPANYBriefs
      • Article
        Lock icon SingTel buys back another 1.85m shares
        80 5 SINGAPORE Telecom has so far bought back 37.6 million of its own shares, which would have cost the company $80 million based on yesterday's closing price of $2.40. The cumulative quantity purchased includes 1.85 million shares bought from the open market yesterday at an
        80 words
      • Article
        Lock icon Raffles Medical rights oversubscribed
        94 5 AFX-Asia RAFFLES Medical Group said its rights issue has been 125.2 per cent subscribed, with a total of 111.7 million rights shares taken up in acceptances and excess applications. A breakdown shows acceptances were received for a total of 85.2 million rights shares, representing about 96.49
        AFX-Asia  -  94 words
      • Article
        Lock icon Corrections & Clarifications
        73 5 Corrections Clarifications IN the report, "Panpac keen to list Internet ventures by next year" published on Tuesday, it was reported that Panpac Media.com raised $7.1 million selling part of its shares in Nasdaq-listed Chinadotcom. Panpac said the actual amount raised from the sale erf part of its shares in Chinadotcom
        73 words
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      73 4 V Jt drirk. CL JTms a-MMI XL, fclMia»CATttllH«X_ y 1 BIO.SU. HI T«« $4. HQ I** 4, C\eOKit p;no«r >or 2 mi $MW Tel, eV* CM ak. arifs<V4f) A cp* VrCHCB CATOHM rot su«!er. f Vstkj re<*oti»v Kse. mvmcQ. \fi*< Tjbls s'C<iC*<3. 'f> a _/»"9 aC« 03.00. X\& Vtwwkkjoww \S-60/
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      140 5 U 13 I N Ebb nr v; tk-W- V-; <£238 -*< |£B9^^H yi>'^^Vi'~a4&. i L]^Eft Introducing UOB Invest Credit, the first loan facility that offers 100% share financing for online trading. Apply now, if you are above 21 years old with a II 1 I minimum income of 5530,000 per
      140 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      386 6 Stock* Vofcane AddvaJTech 2.5c 102,943,000 Trek 5c 27,879,000 Achieva 5c 17,867,000 Twinwood5c 10,920,000 GES mtl Lid 20c 10,081,000 MedhRad5c. 9,730,000 FHTKHIdge20c 9,886,000 FastachUSlOc 8,921,000 Briertay NZ10c 7,817,000 Nuctous Eiec 5c 7,282,000 Stocks I PadfcCentury 81,406,900 SPH. 50,881,731 DBSGrp 36.561,098 0C8C 36,376,211 AddvafTech 2.5c 31.082,906 UOB 31,022,064 Chart Semiconductor 26c 30,409,796
      386 words
    • Article, Illustration
      Lock icon Late afternoon surge helps STI break 3-day loss spell
      576 6  -  ~-ii comment STOCKS ven sreenivasan THE Singapore stock market snapped a three-day losing streak yesterday, thanks to a late afternoon surge in the share prices of several blue chips. After languishing in negative territory for much of the morning, the Straits
      576 words
    • Article, Illustration
      Lock icon Stamford Tyres shares are a better buy over the warrant
      185 6  -  WARRANT WATCH Byy Ven Sreenivasan STAMFORD Tyres warrant was one of the leading percentage gainers yesterday, jumping three cents or 27 per cent to 14 cents. A total of 12,000 units changed hands. Meanwhile, the underlying stock edged 2.5 cents
      185 words
    • Article, Illustration
      Lock icon HK Land: daily charts show upside
      193 6  -  HOT STOCK By' Ven Sreenivasan THE stock of Hongkong Land is currently trending higher in an upward channel. The counter rose US$O.O9 to US$l.6B yesterday, just a whisker away from its year high of US$l.77. So how much upside does this stock have? The
      193 words
    • Article
      Lock icon Market Notices
      144 6 ♦TECK Wah Industrial Corp will hold their AGM at 25 Pandan Crescent #06=15 TIC Tech Centre on June 23 at 3 pm. ♦SEKSUN Precision will hold their AGM at 513 Ytshun Industrial Park A on June 26 at 10.30 am. ♦TMC International will hold their AGM at 141
      144 words
    • Article, Illustration
      Lock icon A$ breaks through US$0.60, target now on 65.80 yen
      335 6  -  l: comment CURRENCIES larry wee THE Australian dollar exploded through the psychological 60-US-cent barrier after the release of stronger-than-expected Q1 GDP numbers yesterday morning, with a little help from US May retail sales numbers that were below forecasts. Australia's Q1 GDP
      Source: Reuters  -  335 words
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      159 6 I n vest in a proven Landmark. ALLENDALE SQUARE g 77 ST GEORGES TERRACE. PERTH g —0-I r ®H /M mmrn HMfl 7\ a 50% interest in the freehold of lit A V this quality Landmark Tower and the adjoining CTA Building 12 14 The Esplanade. Perth. Western Australia. /A
      159 words
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      Lock icon Page 6 Advertisements Column 2
      45 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EIGHT. important All applications for units in eight must be male on the application forms accompanying the prospectus investors must read the prospectus The value of the units ana the income from them may fall as weilasnse
      45 words
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      1258 7 VICKERS BALLAS 1 They took the boldest step, even before the dust settled.... It's essential. The merger of the two will ensure their survival in the industry which will eventually see some disappear. Chong Yoon Chou Director. Aberdeen Asset Management Asia Ltd K Vickers Ballas Holdings Limited packers Baiias'or 'VBH")
      1,258 words
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  • SINGAPORE news
    • Article, Illustration
      Lock icon DaimlerChrysler to set up $80m S'pore logistics centre
      325 8  -  ItTl be Asiaa hab of company's supply Aim hiriltm regienal distribution of spare parts From Audrey Tan m Stuttgart DAIMLERCHRYSLER says it will set up an million logistics centre in Singapore to handle the spare parts distribution for all its brands in
      REUTERS  -  325 words
    • Article, Illustration
      Lock icon S'pore firm in US$1.4b China project
      152 8 Bernama [HANGZHOU] A Singapore firm is involved in the joint development of a US$l.4 billion (552.4 billion) paper project in Ningbo, Zhejiang province, Xinhua news agency said on Tuesday. It reported that construction for the project is scheduled to start this year. The Ningbo
      Bernama  -  152 words
    • Article
      Lock icon IDA signs on four new content and IT providers
      417 8  -  Strategic alliances with global players including Microsoft will help Singapore ONE develop Republic into infocomm hnb Bu Teh Hooi Ling THE Infocomm Development Authority of Singapore (IDA) yesterday unveiled four new strategic alliances with international and regional content and technology companies
      417 words
    • Article
      Lock icon stt.com ties up with Intel to offer e-commerce solutions
      233 8  -  By Teh Hooi Ling SINGAPORE Technologies Telemedia's subsidiary, sttcom, is teaming with Intel to roll out e-commerce infrastructure solutions in the Asia-Paciflc. stt.com said in a statement that its regional data centres, called WebCentresTM, will leverage on Intel's secure and scalable
      233 words
    • Article, Illustration
      Lock icon Young Net-savvy are China's best assets: SM Lee
      771 9  -  Beying must tap this pool of talent to maximise the gains from the global digital revolution From Quak Hiang Whai iriBeijing CHINA must embrace the digital revolution and the New Economy and allow its young and the Net-sawy generation to regulate among
      PETER CHEW/ZAOBAO  -  771 words
    • Article
      Lock icon UltraPure opens $3m fabrication plant in Tuas
      320 9  -  It will cater to firms in life sciences and microelectronics By] Kenneth Lee THE pharmaceuticals industry got a boost from UltraPure Systems yesterday when the US-based company opened a 30,000-sq-ft flagship ultra high purity fabrication facility in Tuas. The $3.13 million facility will
      320 words
    • Article
      Lock icon NTU, Sun start incubator scheme
      216 9  -  By Andrea Tan COME July, graduate business students at the Nanyang Technological University will have an incubator programme to help nurture their e-business ideas to the marketplace. NTU's Nanyang Business School is one of six universities worldwide selected for the Sun Campus E-Business Incubator programme.
      216 words
    • Article
      Lock icon Building contract value up 4.7% q-o-q
      299 10  -  P=M 3 on the economy construction By Marina Chew THE construction sector expanded slightly in the first quarter, with the value of construction contracts rising 4.7 per cent compared to the previous quarter. Preliminary figures published in the Building and Construction Authority's Framework newsletter
      299 words
    • Article, Illustration
      Lock icon Job creation to regain pre-crisis levels
      464 10  -  But MOM says jobless rate may remain at high level By. Anna Teo THE employment outlook for the second quarter is bright and job creation this year should return to pre-crisis levels, says the Ministry of Manpower (MOM) in a report released yesterday. But
      Source: M of Manpower  -  464 words
    • Article
      Lock icon Asia-Pac e-commerce seen growing to US$1t by 2004
      333 10  -  Bnsmess-to-bnsiness transactions will account for bulk of this value: experts By 1 Tay Hong Seng ELECTRONIC commerce will thrive in the Asia-Pacific region, growing from US$3O billion this year to US$l trillion by 2004, according to experts who spoke at an electronic
      333 words
    • Article
      Lock icon S'pore firm's online paper exchange sees big growth
      351 10  -  By Toh Han Shih ASIAPAPERMARKETS.com, a Singapore startup, is targeting billions of dollars of electronic commerce in paper and pulp in the year 2002, said its director Upen Nagpal yesterday. The company, founded last year, has received $10 million in funding from
      351 words
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      19 9 S|.. ll lylilll f~ w iiii»iiiHrc^^^^^^^^^^^M^M!lM^^^BMßllMWiWiMWil^^<»^" infi.Y im- 1 I A PiWWBiWi^BWEgBBr-^fflffrgwiiM-1/ *r Y 1 v fe i m*\' •■■<•;
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      144 10 HOME NEEDS "flie Straits Times Classified. I ca.ta[ Classifications 90 120. Buyk.sdik.FMit. tig cIM f -vl V*l m i'M ••3 vHtt M& i, 3 v 'V *<*/'♦-, *:H «s H *-< "v X -s -i M *il m 9 &9 -m v I £*»!> i f *4 v y ■-f
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  • MAIL bag
    • Article, Illustration
      Lock icon Chew Eu Hock episode-ED tells her side of story
      912 11  - Chew Eu Hock episodeED tells her side of story As share sale had yet to be concluded, she felt it was premature and inappropriate to inform the board on May 8 Wong Swee Choo Singapore via Internet YOUR Hock Lock Siew column "Chew Eu Hock episode: a better explanation needed"
      912 words
    • Article
      Lock icon Different strokes at Parkway?
      131 11  -  Denis Distant Singapore I WAS shocked to read the article "Parkway Holdings MD Tony Tan to quit his stepping down may spark bid for Asia's biggest healthcare company" by Lee Han Shih (BT, June 8) and wonder whether company shareholders or media reporters get a higher
      131 words
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      221 11 We provide consultancy services on offshore structures, and incorporations in ALL jurisdictions British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further information and
      221 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Microsoft case: all parties found wanting
      648 12  -  liiTT3 bottom line OPINION robert samuelson The Washington Post Writers Group THE Microsoft anti-trust saga teaches us more about human nature than about technology, economics or the law. We have had a test of wills among Bill Gates, the US government's anti-trust lawyers and
      The Washington Post Writers Group  -  648 words
    • Article
      Lock icon IN OTHER WORDS
      169 12 "Japan cannot go on like this. If Japanese politics continues as it is, Japan's future will be in danger.' Ynkio Hateyama of the main opposition Democratic Party, which has little chance of taking power unless it can forge a coalition among independents and smaller parties. 'Japan could
      169 words
    • Article
      Lock icon Closing the income gap
      667 12 EDITORIAL AS the city gets richer, the poor just get left further behind —so observes National Geographicm an article in its latest issue about hip and happening London, but the same may well be said of Singapore five years down the road, if early signs build
      667 words
    • Article, Illustration
      Lock icon Labour unrest mars Indon economic outlook
      1074 12  -  Opportunism among workers at more and more companies is patting off foreign investors By Todd Callahan The author works as a technical adviser at a consulting and business information company in Jakarta. The views presented are his own AT A seminar last month in
      FILE PHOTO  -  1,074 words
    • Article, Illustration
      Lock icon The first law of power is that money talks
      786 12  -  COMMENTARY By Paul Krugman The writer is a professor of economics at MIT NYT THE distribution of wealth does not look like the "bell curve" beloved of statisticians. Instead, it is best described by a "power law", a sort of elongated
      NYT  -  786 words
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  • MALAYSIA news
    • Article
      Lock icon M'sian bus fares to rise 33% in 1st hike since '92
      475 13 KUALA LUMPUR Renong's associate Park Kay, DRB Hicom seen among beneficiaries Reuters, AFXAsia THE Malaysian government has approved an increase in bus fares of up to 33 per cent starting next month, the New Straits Times reported yesterday, quoting
      Reuters,; AFX- Asia  -  475 words
    • MARKET moves
      • Article
        Lock icon SMRT sells Resorts World shares
        68 13 SINGAPORE MRT is also bearish on Resorts World, which continued to stagnate following its move to deplete its cash hoard to finance the expansion of Star Cruises. A trader said the Singapore subway operator recently sold 26,000 shares of Resorts World through a UK fund
        68 words
      • Article
        Lock icon No chain reaction
        85 13 RENONG Bhd and United Engineers Malaysia eased in tandem with the general market weakness yesterday although they will benefit from the scrapping of the chainlisting rule. Renong shed seven sen to RM2.01 while UEM fell 5 sen to RM8.90. With the removal of the rule, UEM could
        85 words
      • Article
        Lock icon Wrong bet again
        61 13  -  Compiled by Eddie Toh MAGNUM Corporation eased another three sen to RM2.37 yesterday from its earlier peak of RM3.00. It is highly unlikely that parent Multi-Purpose Holdings Bhd will be able to sell its stake in Magnum at about RM3 a share to Bolton Properties following two
        61 words
    • Article
      Lock icon M'sian palm oil hit by Indian duty hike
      236 13 KUALA LUMPUR New Delhi raises import dnty on erode vegetable oil by 10% Reuters MALAYSIA'S palm oil market received a rude wake up call yesterday after India, one of the country's main buyers, decided to raise the import duties on refined oil
      Reuters  -  236 words
    • Article, Illustration
      Lock icon Mahathir: Q3 growth may not be as fast as in first two quarters
      291 13 KUALA LUMPUR Reuters MALAYSIA'S gross domestic product (GDP) will not expand as rapidly in the third quarter this year as it did in the first two quarters, Prime Minister Mahathir Mohamad said yesterday, contradicting a junior finance
      Reuters; AP  -  291 words
    • Article
      Lock icon Allegations in RM152m demand notices false: Ling
      229 13 KUALA LUMPUR Bernama TRANSPORT Minister Ling Liong Sik yesterday denied allegations made in notices of demand sent to him and three other parties claiming RMIS2 million (5168.9 million). The notices, dated Tuesday, were sent by the law firm of Krish Maniam Co acting
      Bernama  -  229 words
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      207 13 I 11 1 1 1 I 111. I. 11 ,1 I I wT% A famous flagfokiffeof kospitality|ireti^^^g|| I i^blim*,! x w*is -f iu§fc zj&Lg ppp l -'V mmtomuF*' WMI^^^BBi 1 t&M.£#-%A> |BL r^ Imi nil A jstfH^ i iBUBM Since its early Jays as a trading post in tlie South
      207 words
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      2591 14 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 (Jnibank The (Jnibank Group The (Jnibank Group Balance Sheet Profit and Loss Account aa at SI December 1998 1999 1998 1999 (DKKm) (DKKm) (DKKm) (DKKm) nterat receivable ***** 28,878 Interest payable ***** 16,825 Cash in hand and balance, at
      2,591 words
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      581 14 IN THE MATTER Of THf COMPANIES ACT, CAftJO AMD IN THE MATTB Of MUITI FRANCHISE TRAINING CENT*! PTE LTD NOTICE Of APPOINTMENT Of PROVISIONAL LIQUIDATOR (CRHXTORS' VOLUNTARY WINDING UP) NAamttllnpiof Aaßoordof C*»aclonofMUtTl FRANCHIScTRAINING CENTRE PTE LTD bald on Aa 22nd doy af May 2000 and an A* 2nd day of
      581 words
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  • THAI economy
    • Article, Illustration
      Lock icon Thai reforms slow but well on track
      1375 15  -  Govt praised for its handling of the financial crisis by World Bank country head for Thailand From'. Harish Mehta in Bangkok JAYASANKAR Shivakumar arrived in Bangkok, to take up the job of the World Bank's country director for Thailand, on July 1, 1997
      1,375 words
    • Article
      Lock icon Looking forward to a much stronger Thailand in 2010
      539 15 That is, the World Bank says, if financial reforms are made, the digital divide is bridged and the bureaucracy is reformed THAILAND could move rapidly up the development curve by the year 2010, provided it implements tough reforms, catches up with
      539 words
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      204 15 1.-*-.hi ?.\?j $r- ~c»>JtcfibM noci dini ft »jjiofts. r%ij o)ni wmmmm-y, J- "NOW I KNOW HOW INCREDIBLE IT FEELS TO HIT A PERFECT SHOT." V A Chris Newton-18 Handicap ImSyHV V A. P w t^SaI^^HI^HHBHMHHI &liI9« ■v Hmßßh #<#\ 1 gjSfSK'ift y i "We make our clubs so yoi/can get
      204 words
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  • SOUTH east asia
    • Article
      Lock icon GDP forecasts edge up for Asian economies
      432 16 SINGAPORE Only Philippines, Sri Lanka, Thailand see downward revisions in Renters poll Reuters GRCWTH forecasts for most Asian economies nudged up again in the latest Reuters poll of 130 economists, but two countries beset by domestic strife and uncertainty suffered downgrades. And for
      Reuters  -  432 words
    • Article
      Lock icon Jakarta may cut corporate tax to promote investment
      101 16 JAKARTA Reuters INDONESIA might reduce income tax for companies and institutions to encourage investment, Chief Economics Minister Kwik Kian Gie said yesterday. "About (the idea) to reduce (income) tax on domestic corporates and institutions from 30 per cent to 20-25 per cent,
      Reuters  -  101 words
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      Lock icon Indon police may quiz Gus Dur over Bulog
      294 16 JAKARTA Reuters INDONESIAN police want to quiz President Abdurrahman Wahid over a scandal involving the theft of US$4.l million (Ss7.l million) from state commodities regulator Bulog, SCTV Television reported yesterday. It said Alex Bam bang Riatmodjo, chief detective of the Jakarta police,
      Reuters; AP  -  294 words
    • Article
      Lock icon Suharto family negotiating deal: Gus Dur
      412 16 m NEW YORK Talks involve the return of money for blanket clemency LATWP, AFP THE family of former Indonesian president Suharto has entered into negotiations with the Jakarta government over returning millions, if not billions, of dollars aUegedly amassed during the strongman's 32-year rule,
      LATWP,; AFP  -  412 words
    • Article
      Lock icon Indon A-G to summon Sjahril
      203 16 JAKARTA Central bank chief now a suspect in Bank Bali case Reuters, AFP INDONESIA'S Attorney-Gen-eral said yesterday his office would summon the central bank governor over his alleged involvement in a politi-cally-charged banking scandal. Marzuki Darusman said Bank Indonesia chief Sjahril Sabirin was due to
      Reuters,; AFP  -  203 words
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      148 16 Beneath the sophisticated styling of the Saab 9-3 is a generous reserve of power to surge through. Compliments of its turbocharged engine, the Saab 9-3 Is capable of untjfting maximum torque at revs. rush of a lifetime, put yourself In the driver s seat a I <rak*> "ttris Jjf 8h
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  • EAST asia
    • Article
      Lock icon Top adviser eyes fund for Beijing share sales
      447 17 HONGKONG Reuters A TOP securities adviser to China is mapping out ways for Bering to cash in on massive state-held shares to replenish a broken social security network. Anthony Neoh, chief adviser to the China Securities Regulatory Commission, said China can form
      Reuters  -  447 words
    • Article
      Lock icon HK bigwigs expected to zoom in on tomorrow's land tender
      300 17 HONGKONG Reuters HONGKONG'S property development giants are expected to be bidding for a prime residential site in a government tender tomorrow, after brisk bidding in a land auction earlier this week, analysts said. The tender of the 36,006-sq m site
      Reuters  -  300 words
    • Article
      Lock icon Quamnet delays share sale in HK
      405 17 HONGKONG HSBC postpones sale as 50 Net stocks in GEM pipeline; firm hopes to list in 3 months Bloomberg, Reuters QUAMNET.COM Ltd, an Internet provider of free financial information, delayed its first public share sale after sponsor HSBC Investment Bank Asia said investors are
      Bloomberg,; Reuters  -  405 words
    • Article, Illustration
      Lock icon Jiang invites Hongkong tycoons for talks: report
      282 17 Move to boost ties comes amid impending opening of China market AFP [HONGKONG] Chinese President Jiang Zemin has invited Hongkong's top business tycoons to Beijing for talks on the impact of China's impending accession to the World Trade Organisation (WTO). Heading the delegation
      AFP; REUTERS, FILE PHOTOS  -  282 words
    • Article
      Lock icon Citic to merge financial units ahead of WTO entry
      232 17 SHANGHAI Bloomberg CHINA International Trust Investment Corp, the country's flagship investment Arm, will merge its financial operations, bolstering competitiveness ahead of an opening of the country's financial industry once it joins the World Trade Organisation. Citic plans to merge its banking,
      Bloomberg  -  232 words
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      41 17 One colleague you can trust with your secrets. Samsonite ItOSID'HOF 1 Scotts Road *04-3° 42. Shaw Centre, Siriaapore *****8 Tel i65l *****63 65) 7330G37 c .t» i6si 3 Temasek Boulevard aO2-039 0-ii Suntec City Mail Singapore-038 Q 83 To fs> *****57
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  • SOUTH asia
    • Article
      Lock icon India eases rules on overseas borrowing
      364 18 NEW DELHI Companies can now raise np to USssom directly without approval from govt Bloomberg, Reuters INDIA yesterday liberalised rules on external commercial borrowings (ECBs) for corporates by placing fresh approvals under US$5O million (SsB6 million) and refinancing of existing loans under the automatic
      Bloomberg,; Reuters  -  364 words
    • Article, Illustration
      Lock icon New Delhi's cool operators
      73 18 [NEW DELHI] Workers arranging air-conditioners on a pcuxment shop in New Delhi yesterday. The goods are sold at a price ranging from 1,600t0 4,ooorupees (Sss9 to Ssl4B), much less than the price ofsimilar coolers at larger retail shops. Though the monsoon has already reached parts of
      AFP  -  73 words
    • Article
      Lock icon Indian firm launches TV channel dedicated to technology
      138 18 ■BANGALORE AFP INDIA'S Technology Media Group announced on Tuesday the launch of the country's first 24-hour technology channel with a target audience of six miUion homes by the end of the year. "TMG Enter is the only satellite television channel dedicated to
      AFP  -  138 words
    • Article
      Lock icon India's Rediff.com raises US$55m
      178 18 New York Bloomberg REDIFF.COM India, the country's first Internet firm to sell shares to US investors, raised US$55 million (5594.7 million) in an initial sale of American depositary receipts. The Mumbai-based firm, which runs a shopping and news Web site for Indians abroad, sold 4.6 million
      Bloomberg  -  178 words
    • Article
      Lock icon New Indian rules may not lead to a flood of foreign investment
      449 18 NEW DELHI Pewer distribution needs reforms and refining capacity is in surplus: analysts Reuters INDIA'S decision to lift the ceiling on foreign equity investment in power, refining and e-commerce will hasten project approvals but foreign direct inflows (FDI)
      Reuters  -  449 words
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  • eNews
    • Article
      Lock icon India's HCL Infinet, Asian Age paper tie up in Net deal
      279 19 New Delhi Bloomberg HCL Infinet, the Internet services arm of HCL Infosystems, India's biggest maker of personal computers, yesterday said it would form a joint venture company with the Asian Age newspaper. The new company, called Asian Age Infinet,
      Bloomberg  -  279 words
    • Article, Illustration
      Lock icon Yahoo may take over MP3.com: analysts
      483 19 SANTA CLARA, California It wants to boosts its ad revenue and better compete with rivals AOL and tycos Bloomberg YAHOO! Inc, the No 1 Internet search service, may purchase an online music company such as MP3.com Inc to compete with rival America Online and
      Bloomberg; AP  -  483 words
    • Article
      Lock icon eBay pays over US$300m for used goods site half.com
      417 19 SAN FRANCISCO Share-fnnded deal marks its entry into fixed-price business AP ONLINE auction pioneer eßay has agreed to pay over US$3OO million (Sssl6 million) for half.com, a fast-grow-ing Internet bazaar that sells used books, CDs, movies and video games at half
      AP  -  417 words
    • Article
      Lock icon JP Morgan misses US$35 payment for its Web site
      200 19 AP (NEW YORK] It looks like JP Morgan and Co could uae a little help with its bookkeeping. The international banking firm's Web site was deactivated on Tuesday because it missed payment on a US$36 (Ss6o) annual renewal fee for its
      AP  -  200 words
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      Lock icon Sprint unsure of nod for merger with WorldCom
      430 20 WESTWOOD, Kansas Chairman says govt opposition to deal remains steadfast Reuters IN an apparent step back from previous upbeat predictions, Sprint Corp chairman William Esrey said on Tuesday that government opposition to the company's proposed merger with World Com Inc remained steadfast,
      Reuters  -  430 words
    • Article
      Lock icon Orchestras too come on Net bandwagon
      435 20 PHILADELPHIA Mnsicuuu working out deal to distribute live, recorded music AP BITS of Bach. Bytes of Beethoven. Browsers with Brahms. Attending a symphony concert in cyberspace could become commonplace under a first-of-its-kind agreement that would allow orchestras to distribute live and recorded music on
      AP  -  435 words
    • Article
      Lock icon Coconut island gets US$1m domain name windfall
      366 20 LOS ANGELES Finn signs deal for a good address in cyber real estate AP A COMPANY paid US$l million (5f1.72 million) for the Internet domain name Beauty .cc in a sale demonstrating even in an age of investor doubt about new Web ventures,
      AP  -  366 words
    • Article, Illustration
      Lock icon Microsoft, Samsung to develop mobile phones with Net access
      463 20 SEOUL Bloomberg MICROSOFT Corp and Samsung Electronics Co announced plans to develop and market a new line of mobile phones capable of accessing the Internet using Microsoft software, the companies said. The agreement calls for Samsung to manufacture mobile phones with
      Bloomberg; AP  -  463 words
    • Article
      Lock icon Net movie lets you change the plot
      229 20 Reuters [LONDON] The Internet has revotutionised everything from shopping to banking and now it's turning movie-making on its head. Running Tim*, billed as the world's first interactive movie, encourages viewers to study the screenplay, research characters and then vote on possible plot twists.
      Reuters  -  229 words
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      57 19 I 4 4 Announcing the Performance Motors Leasing Plan. Now that you can lease a brand new BMW from only $2610' a month for 3 years, you'll have money left over tor other traditional expat necessities Visit Performance Motors for details. Then go shopping for hi-fi cabinets, patio furniture, day
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      158 20 M Celebrate ijour birthday or anij auspicious occasion in sumptuous grandeur with our authentic Teochew cuisine. 5r .jklU ij&jm Cold Dish Combination Variety Cold Dish Cold Dish Deluxe JfrU JgF Braised Shark's Pin with Crab Roe Braised Shark's rin with Crab Meat Braised Superior Shark's Pin C\ Steamed Cod rish
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  • WORLD news
    • Article
      Lock icon Vivendi in talks for US$40b takeover
      553 21 PARIS Acquisition of Universal Studios owner Seagram will make it tougher Bloomberg, LAT-WP VIVENDI and Canal Plus are in talks to buy Seagram, owner of Universal Studios, the companies said yesterday. An offer could be worth over US$4O billion (5568.9 billion) in stock and
      Bloomberg,; LAT-WP  -  553 words
    • Article
      Lock icon AT&T sues NFL over unpaid bill
      235 21 Bloomberg [NEW YORK] AT&T Corp went to court to take on what may be one of the telephone company's biggest deadbeat customers the National Football League. The world's biggest long-distance phone company sued the NFL in US District Court in Los Angeles, claiming that
      Bloomberg  -  235 words
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      Lock icon Im-moo-vable!
      78 21 [NEW YORK] With the impending beginning ofCowParade New York 2000, a few of the herd were put on display in front of a toy store in New York on Tuesday. Cow Parade New York 2000 will feature over 500 life-sized cows, painted and decorated by New York artists, on
      AFP  -  78 words
    • Article
      Lock icon Australia's Q1 growth twice as fast as expected
      467 21 SYDNEY As spending rises, interest rates coold be raised again Bloomberg, Reuters AUSTRALIA'S economy grew more than twice as fast as expected in the first quarter, as consumer and business spending rose, suggesting the central bank may have to raise interest rates
      Bloomberg,; Reuters  -  467 words
    • Article
      Lock icon US May consumer prices rise lower-than-expected 0.1%
      643 22 WASHINGTON Core rate of CPI up 0-2%; data point to Fed holding rates steady Bloomberg US CONSUMER prices rose less than expected in May as cheaper petrol and clothing limited the effect of the biggest rise in food costs in more than 18
      Bloomberg  -  643 words
    • Article
      Lock icon Aussie crude exports soar 46% in March quarter
      307 22  -  From Brian Gomez in Sydney AUSTRALIAN exports of crude oil and other refinery feedstock rose by a massive 46 per cent or A$499 million (S$514 million) during the March quarter to reach A$1.58 billion, the Australian Bureau of Agricultural and Resource Economics
      307 words
    • Article
      Lock icon Germany's SAP wins big software deal from Nestle
      313 22 FRANKFURT Reuters GERMAN business-management software group SAP AG yesterday said it would provide its mjrSAP.com e-business applications to Nestle SA in what it called Its biggest software deal ever. SAP shares rose 5 per cent on news of the deal, which follows
      Reuters  -  313 words
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      Lock icon Staff morale is still high and there are no defections: Gates
      592 22 Reuters [SEOUL] Microsoft Corp chairman Bill Gates yesterday insisted staff morale was high despite an anti-trust battle, and denied that defections were damaging the software giant. Appearing upbeat on a sweep through Asia to promote Microsoft's vision of an
      Reuters; AP  -  592 words
    • Article
      Lock icon Japan's NTT says it'll keep majority stake in DoCoMo
      496 22 TOKYO Despite pnt pressor*, NTT chief says there are synergies between fixed-line, mobile ops Reuters NIPPON Telegraph and Telephone Corp's president Junichiro Miyazu yesterday said the telecoms giant aims to keep a majority stake in NTT DoCoMo, Japan's dominant mobile phone
      Reuters  -  496 words
    • WORLDWatch
      • Article
        Lock icon Prudential to list on NYSE this month
        95 22 Reuters [LONDON] Britain's largest life insurer Prudential pic said yesteniay it would list on the New York Stock Exchange later this month, raising around US$2O6 million (Ss3s2.6million) net in the process. Finance director Philip Broadley said the move would "support the continued development
        Reuters  -  95 words
      • Article
        Lock icon Thomson sells six more US papers
        79 22 Reuters [TORONTO] Canadian publisher Thomson Corp said on Tuesday it had sold six more of its daily newspapers in the US to two buyers, continuing Its sale of assets so it can concentrate on electronic publishing. Thomson said it sold five dailies in Alabama
        Reuters  -  79 words
      • Article
        Lock icon Russian media tycoon arrested
        79 22 Reuters [MOSCOW] The Kremlin's chief prosecutor on Tuesday arrested and jailed Vladimir Gusinaky, head of a media empire that has been sharply critical of the government. The arrest roused fears of s clampdown on the press. But President Vladimir Putin, travelling abroad, insisted that the arrest
        Reuters  -  79 words
      • Article
        Lock icon Seoul to probe finance units of groups
        83 22 Bloomberg [SEOUL] Korea's financial watchdog said it will investigate the finance units of Dongbu Group, Hyundai Group and four other groups in an effort to increase transparency. Tong Yang Group, Samsung Group, SK Group and LG Group, which have the most financial units
        Bloomberg  -  83 words
    • Article, Illustration
      Lock icon US labour gains permanent: Greenspan
      658 23 WASHINGTON He calls for new measurements to also capture productivity gains by small businesses Bloomberg US worker productivity has accelerated in the past few years and those gains appear to be permanent thanks to advances in technology, Federal Reserve Chairman Alan Greenspan said on Tuesday.
      Bloomberg  -  658 words
    • Article
      Lock icon BOJ says economy is clearly improving
      397 23 ■TOKKO Bat it rules eat rate rise saying recevcry in Mngnmption is weal Reuters THE Bank of Japan stuck to its cautious view in a key report released yesterday that the economy is clearly improving, but gave a faint hint of an upgrade in
      Reuters  -  397 words
    • Article
      Lock icon OSE to offer 24-hr trading of Nasdaq markets' shares
      466 23 OSAKA It plans to link Nasdaq shares in Japan, US, Europe Reuters THE Osaka Securities Exchange (OSE) plans to offer round-the-clock dealing in shares listed on Nasdaq Japan and sister markets in the United States and Europe by the beginning 0f2003,
      Reuters  -  466 words
    • Article, Illustration
      Lock icon Biggest visitors' book
      42 23 [HANOVER] The video projection a head appean on thousands visitor signatures tn the Finland pavilion at the Expo2ooo World Exhibition in Hanover. The paper roll with the names is supposed to be the biggest visitors'book in the world. AP
      AP  -  42 words
    • Article
      Lock icon Going bust in Japan up for 7th month in a row
      372 23 TOKYO Reuters CORPORATE bankruptcies in Japan rose for the seventh straight month in May, climbing 12.4 per cent year-on-year to 1,528, and business failures are expected to keep rising, a credit research firm said yesterday. Total debts owed by
      Reuters  -  372 words
    • Article
      Lock icon Deutsche Telekom to sell US$8b of bonds
      243 23 NEW YORK Sale to equal 2nd largest bond sale ever Reuters DEUTSCHE Telekom AG, Europe's largest telephone company and the world's third largest, plans this month to sell about US$B billion (5113.76 billion) of global bonds, which would match the second-big-gest corporate bond
      Reuters  -  243 words
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      189 21 'V' V J E*^3i *a _Jffl j Sr 'i^H v v ™Jk I 1H .JSP***' f jfe /W-:>n Jr J!& Hll^ •I, |§SjlpfK I^' jm B3~SdR ®|jPK jßß&mt> Open the door to a Golf and you'll instinctively feel in touch with one that fcww your pwioa lor excitement. Its distinctive
      189 words
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      142 22 e QUEST™ PERFECTION Meet Anastasia U'ew. the irrepressible baker who whipped up a delicious recipe for success, bringing her Bengawan Solo chain to 40th 4 on the Enterprise 50 list last year. Her buzzwords are stringent quality standards and the freshest and finest ingredients. What are yours? Nominations for the
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  • Page 24 Advertisements
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      3193 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I PROGEN HOLDINGS LTD ll| NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of PROGEN HOLDINGS LID ("the Company") will be held at 12 Woodlands Loop, Singapore *****3 on 30 lune 2000 at
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      647 24 IN THE MAI rEt Of THE COMMUNES ACT, CAP. 90 ENG SING HENG PTE. LTD. (InVoluntary liquidation) Al an Extraordinary General Moating of the memberi of ENG SING HENG PTE LTD duly convened and hatd al No S Sufi Kodwt Loop, singapor« *****5 on to 12 day of Jmho 2000,
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  • FINANCE & commodities
    • Article
      Lock icon Large afternoon buy order lifts futures 5.5 pts
      244 25  -  SGX Derivatives Tradlngßeports fflngapnro Twitov Chan Yet San Refco Singapore THE Singapore stock market had a good run yesterday as it ended slightly higher. The gain in the US markets helped in supporting some technology stocks. The MSCI Singapore Index gained 1.87
      244 words
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      Lock icon Futures follow Nasdaq's rebound
      228 25  -  MSCI Taiwan fatnres Chan Yet San Refco Singapore THE Taiwan stock market closed higher as the Nasdaq rebounded overnight. The Taiwan Stock Exchange Weighted Price Index rose 44.14 points or 0.50 per cent to ena at 8,935.23 points. Turnover was about average at NTH 17.79 billion
      228 words
    • Article
      Lock icon Edgy dealers keep oil buoyant
      289 25 BmMYBSFMtT Reuters [LONDON] Oil prices were riding high yesterday as Opec kept dealers on tenterhooks just a week before the cartel's oil ministers meet to decide whether or not to lift exports. The producers' group must settle its differences on how to deal with prices
      Reuters  -  289 words
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      Lock icon CURRENCY REPORT
      332 25 Reuters London THE yen held a positive tone against the dollar yesterday ahead of key US inflation data and after the Bank of Japan (BOJ) reiterated that deflation fears may be about to ease. Interest rate prospects favour both the yen and the euro over the dollar, analysts
      Reuters  -  332 words
    • Article, Illustration
      Lock icon Untitled
      1199 25 MTE&BAMK CROSS RATES Junl4 k 1 v A$ C$ >■> faro FTr Da> H*$ 68»»Nf8 Yw Wan KM MZSNfcH hM S$ —4 Sir IB >*> N1 US$1 Australia 0.885 1002 0.826 4.105 1224 4.697 ***** 51.653 0443 6.716 2290 1.267 3L203 ***** 1038 168 1970 ***** 23.492 0.399 0.603 Canada
      1,199 words
    • Article
      Lock icon Untitled
      1660 25 aCOMFUTUUB .fun 14 HJMff drtiB 1 It issicovmcrawMo ctos. vcta* <*« MflMk M«ft Uf Irtt flp—> fctarwt MM 1*50 52. S Mf 4 MHIHIAM Ntf V«klM OfMil HnM M«fe Lew Sett (taaMS) Uitemt JriS MJ5 65.00 I 530 'TWO 200 66JO 65.75 66.00 355 2125 00 68.75 6725 6725 150
      1,660 words
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  • STOCKS east asia
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      Lock icon Cheung Kong, bank stocks lead Hang Seng higher
      2756 26 HONGKONG AFP yiHaagSeag +1113 HONGKONB share prices rose one per cent yesterday on selective blue-chip buying following overnight gains on Wall Street, dealers said. The key Hang Seng Index gained 164.13 points to close at 15,857.07, on a turnover of HKJ9.2B billion.
      AFP  -  2,756 words
    • Article
      Lock icon Nikkei falls on talk of NTT share sale
      1954 26 TOKYO AFP QNikkai22S -2*053 SHARE prices in Tokyo closed 1.5 per cent lower yesterday after the government called for a full privatisation of Nippon Telegraph and Telephone Corp (NTT), dealers said. The Nikkei 225 Index fell 260.53 points to end at 16,654.42,
      AFP  -  1,954 words
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      Lock icon CHINA
      940 26 Reuters PSfaemhenß Index -L 56 CHINA'S hard currency B Shares closed lower yesterday on proflt-tak-ing after heavy gains over the past few weeks, brokers said. Shenzhen B shares were also under pressure from a funds outflow as investors cashed in shares to prepare for a new B share issue,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  940 words
    • Article
      Lock icon TAIPEI
      371 26 AFP HWPMg *4414 SHARE prices in Taiwan closed 0.5 per cent higher yesterday following overnight gains on Wall Street, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 44.14 points to 8,935.23, on turnover of NT5117.79 billion. "The tech-heavy Nasdaq's overnight rally sparked buying in the technology shares,
      AFP  -  371 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL shares drift lower in thin trade
      401 27 AFP n Composite Index -133 MALAYSIAN shares closed 0.4 per cent lower In thin trade led by selected blue chips yesterday, with the market largely ignoring the overnight rise on Wall Street. Dealers said a lack of leads and today's public holiday in
      AFP  -  401 words
    • Article
      Lock icon Untitled
      8426 27 INDtiSTlULS CoitMMf predicts 2000 Lddt Vol Day Nat Cap Mmi L— ciw»«y MI *boo wm» L— ph 420 310 AjinoflXrto 370 20 2 370 370 202 '50.0 158 65 Angkasa 68 2 183 68 68 100.3 670 290 ApoNoFoodH* 442 -2 1 442 442 103 176.8 3350 2700 BAT 50c
      8,426 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2833 28 B0HPS fc WARRAWTS juun rn Ml rmml imr* IHM lal M tar LaiHnli A* MCa Uar (be Mia ■0 Lot j Ml «ar- rwtl Lot Safer M liiiiikil Uti M» <%> »n*l' U« 80 14.5 I Acma ******4 _203 I 93 21 20 203 2 21 410 J 300 183
      2,833 words
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      Lock icon SEOUL
      260 28 AFP |3 Composite Index +14-82 THE Korea Stock Exchange Composite Index closed up 14.82 points at 819.27. Volume stood at 432 million shares worth 3.5 trillion won. —AFP MM *r «wn mo Brain Tecti WO w*ft Control Bank «*> -fTO CMtConwn— 12*500 1500 DooGvBank— 2200 -45 Daotanq Corp— 2200
      AFP  -  260 words
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      Lock icon MANILA
      255 28 AFP rl Composite Index +138 PHILIPPINE share prices rose 0.2 per cent yesterday on local buying but analysts said the return of foreign players was needed to sustain the uptrend. The Philippine Stock Exchange Composite Index gained 2.36 points to 1,524.51. AFP Hw CBBBI MRCAMod 0.50 unch no Abacus
      AFP  -  255 words
    • Article
      Lock icon WELLINGTON
      246 28 AFP PIBSE-40 -1&17 THE New Zealand share market dipped 0.9 per cent yesterday in patchy trade. The NZSE-40 Capital Index fell 18.17 points to 2,046.74 on total turnover worth NZ$lll million. Market leader Telecom closed 22 cents down at NZS7.6S.—AFP m m *h mm AdvantagaHOS 2.95 007 127 Air
      AFP  -  246 words
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      Lock icon SYDNEY
      517 28 AFP QiDOrfmtriei +U AUSTRALIAN shares rose 0.2 per cent yesterday amid lacklustre trading in which losses in some industrial stocks offset gains in resources stocks, brokers said. The All Ordinaries Index rose 4.9 points to 3,076.2 while the SP/ ASX 200 added just 2.8 points to 3,116.6. Turnover was
      AFP  -  517 words
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      Lock icon BANGKOK
      759 28 AFP H SET Max *19.44 THAI shares closed up 3.1 per cent yesterday on bargainhunting in banks, communications and petrochemicals, following overnight gains on Wall Street, dealers said. The Stock Exchange of Thailand (SET) Composite Index rose 10.44 points to close at 345.43, while the select SET SO was
      AFP  -  759 words
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      Lock icon JAKARTA
      666 28 AFP Q Composite Index +7.57 INDONESIAN share prices closed 1.6 per cent higher yesterday on a late rally amid news that the government might cancel a merger plan between Telkom and Indosat. The Jakarta Stock Exchange Composite Index closed up 7.57 points at 475.93, off a low of 466.1,
      AFP  -  666 words
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  • Article
    Lock icon STOCKS sgx
    7462 29 SGX MAIWBOARD Transactiondate. Jun 14 Or Or M W1 52-W* Lul Vet Bay Last Otwto Ot« Mv VM Nat Can *88 Hm Lser Cawpa»V Sate COOP) MN> Laar Buyer hlw Off P/I IJ Wo 182 >01 m c Acnu 50c 122 cd »2 67 122 119 122 123
    7,462 words
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      65 29 jfIIDEMARSFIGUET ma tre e I'horlogerie depuis 1875 Who is behind an Audemars Piguet watch? Promesse Collection W CorttjLc«te Regional Agent ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. ava^ableatisingapom Cortina Wntrh Centre Pit Ltd 207 Henderson Road #01-06 Singapore *****0. Tel: 278 5450 Fax: 273 2509. Raffles City #01-36 Tel:
      65 words
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  • ARTS festival
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      Lock icon In the mood for love
      782 30  -  The female sex was the theme of the Tang Quartet's programme, with Singaporean composer Er Yenn Chwen's delightful take on Rasa Sayang hitting all the right notes, writes P T VAM P T VAN THE TANG Quartet, recently returned from Rice University, Texas, attracted a
      JOYCE FANG/ST; ARTHUR LEE  -  782 words
    • Article
      Lock icon WHAT'S ON
      246 30 TODAY D.A.V.E (Austria) Where: Jubilee Hall, Bpm, tickets are sold out Warsaw Phflharmonk: Orchestra (Poland) Where: Victoria Concert Hall. Bpm, tickets are sokj out Ombra, La Fura dels Baus R(A) (Spain) Where: Victoria Theatre, Bpm, tickets at $22, $32, $42 and $52 Subtenrestiais, Arts Fission Company (Singapore) Where:
      246 words
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      204 30 NOTICES ailu-rtise call toll-free IXOO-741 INS J• \o: I2 4 >S| 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
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      Lock icon Page 30 Advertisements Column 2
      625 30 NOTICE OF ANNUAL GENERAL MEETING I LEE METAL GROUP LTD (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN thai the Annual General Meeting of the Company will be held at No. 7, Tuas Ave 16, Jurong. Singapore *****4 on Wednesday. 28 June 2000 at 2.00 p.m. for the
      625 words
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      397 31 Where to wine, dine and entertain..."^KgjffisSir SSSffffiSSi BBass Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: £23 (Adult), 40% discount (Child) Dfaiiserr {Adult), 40% discount (Chad) ft For reservations, please call 290 8005/299 9011. Pnca subject to semct cbarre &gort
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      53 31 Savour the distinctive cuoine of the South of France* the Ibp of the M'Revolving Restaurant, specially brought to you by our Come, have your rgjdczrous RENDEZVOUS FEANfAIS at the Top Of The'M' June 2000 For details and reservations, please call 831 6258/88 3» Orchard Road. Smgnore 23«e*7. Tel: 737 4411
      53 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 1
      852 31 uueniuoo iiiiioo, i nyi auoj) wuiio iW| cvvv 6-30 New Clips On The 330 TV Innovations. LOO Business Tonight. Block. (MM Mastura. L9O This Week In India (r). too AM Kids Central: The 030 Wheel of Fortune. 330 Tirai: Wanita Dan Pe- 230 to 6.00 am Real-time FiBig Comfy Couch.
      852 words
    • Miscellaneous
      Lock icon Page 31 Miscellaneous Column 2
      276 31 CRYPTIC CROSSWORD ACROSS (4) 1 StroU in the fresh air during 7 bmduatoh* party in pubgtrika (7) rooms on wand (8) 5 Cornposefbsentarinqahope g 9 Sat him to catch another one (5) 13 •"J**®"'* u P** rd 10 Holed sn route? (9) <c (10) 11 Isnctftogbutacurrentofairat 15 Wwlhsr forecast for
      276 words
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  • MOTORING page
    • Article, Illustration
      Lock icon Of Volkswagen and motor insurers
      1401 32  -  nARiTsry The German carmaker's platform strategy holds valuable lessons which Singapore's motor insurers can learn to give customers a fairer deal, says Christopher tan CHRISTOPHER TAN WHAT'S the difference between motor insurers in Singapore and the Volkswagen Group, one of the world's largest carmakers? You
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      Lock icon CCL retail shareholder base doubles to 10,000
      344 32 IsstftntiMis diluted holding after Daimler's mm THE retail shareholder base of Cycle Carriage Ltd (CCL) has doubled to about 104)00 in recent months, according to a senior company executive quoting Central Depository data. The counter, long cornered by institutions, became more accessible to
      FILE PHOTO  -  344 words
    • Article, Illustration
      Lock icon Trans Eurokars to distribute Saabs in Malaysia
      412 32  -  S'pore firm will also represent Swedish brand in Indonesia All reports by Christopher Tan THE Trans Eurokars group known for its Saab, Porsche and Rover franchises here has secured the distributorship for Saab in Malaysia. It will also represent the Swedish marque in
      FILE PHOTO  -  412 words
    • Article, Illustration
      Lock icon Saab set to enter fresh territory with a bang
      249 32 SWEDISH luxury carmaker Saab Automobile, now fully owned by General Motors, is poised to enter new product segments soon. BT understands Saab will introduce a sport-utility vehicle as well as a minivan both products it is totally new to in two
      249 words
    • BUMPER to BUMPER
      • Article
        Lock icon Ex-Rover man joins Premium as MD
        58 33 AUDI distributor Premium Automobiles has hired Ron Song, formerly with Rover Singapore, as managing director. Before Rover, Mr Song was involved in the motor trade in Australia, where he ran a series of dealerships over 22 years. Premium has been scouting for an MD
        58 words
      • Article
        Lock icon Bentley shifts into higher gear
        139 33 BENTLEY Cars, a division of Volkswagen Group, is preparing for the day it sells 9,000 units a year—up from the 1,500 or so today. The growth will be on the back of what's internally known as the Mid-Sized Bentley, which will be unveiled within three
        139 words
      • Article
        Lock icon Ong Bong Seng ups stake in Komoco?
        84 33 THE grapevine has it that hotelier-tycoon Ong Beng Seng has increased his stake in Hyundai agent Komoco. He is said to have bought shares from venture partner Jopie Ong. Previously, both Mr Ongs each had slightly over 40 per cent of Komoco, with
        84 words
      • Article
        Lock icon Adtanz being put up for sale?
        103 33 DAIMLERCHRYSLER is said to be in discussions to sell its rail division Adtranz. In what is seen as another attempt to focus more sharply on its core automotive businesses, the German-American conglomerate is also in the process of hiving off some aerospace interests. Recently,
        103 words
      • Article
        Lock icon using commercial vehicles as MPVs...
        80 33 ANOTHER factor fuelling private individuals' interest in commercial vehicles here may be that access Into Malaysia is now more relaxed. While restrictions and special permits are still relevant for heavy goods carriers, it seems light commercial vehicles can now cross the Causeway with little difficulty.
        80 words
      • Article
        Lock icon ...is illegal and carries stiff penalties
        77 33  -  QoapiM by Christopher Tan JUST in case you're thinking of buying a commercial vehicle fix-use as a private passenger vehicle, be warned that it is illegal. Commercial vehicles come with a set of restrictions, including speed warning and number of passengers allowed. The Land
        77 words
    • Article, Illustration
      Lock icon Cruising in 'clean' cars, buses
      476 33  -  PM Goh backs proposal to test DaimlerOhrysler's hydrogen-powered vehicles in S'pore From Audrey Tan, Christopher Tan in Singapore SINGAPORE may soon become the first country in Asia to have hydro-gen-powered fuel-cell buses and cars gliding noiselessly along its roads, going by developments in Stuttgart yesterday.
      476 words
    • Article, Illustration
      Lock icon Red hot chilli pepper SUV? Yes, it'll be a Porsche spice
      275 33  -  -By Christopher Tan PORSCHE has christened its planned sport-utility vehicle Cayenne, which the Oxford dictionary says is a powdered red chilli pepper. The name is appropriate, going by the little information that the firm has released about the car.
      FILE PHOTO  -  275 words
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      88 33 '®HNf -^v** Voted the most beautiful estate in the world by Auto 2L Revue magazine, the new Volvo V7O has room enough P^y> m for all your social life. Test drive one today and discover HHSHIhow it holds the road like it holds peoples' attention. ■■HHHHIi L THE NEW VOLVO
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      33 34 j y, U 9• j Equipment Lodn Fsctoriny DGposits 'I' x*lf v V-> $&fe«? A v .jr.-. -j^gg Ang Mo Kio: 456 4222 Serangoon: 299 HOTLINE: 880 0688 1 £-> >,*, J r*. ____jdMßß^^^L>^-jJ^a^»^SfclUitail: ..!l':
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  • EXECUTIVESuite
    • Article, Illustration
      Lock icon HOUSEHUNT
      2584 34 PROJECT NAME/ PROP CONTACT IBM MJ-W ffK W PROJECT NAME/ PROP CONTRACT TENURE M.T4V PRCE PSF STREET NAME TWf Mil LAND AREA* STREET NAME TYPE QATE LAND AREA* (sqft) am m <sqfd csrooo» <s* District 01 Euro-Asia Apt Apt 1302/2000 FH 1238 707 571 KemamanPoint Apt 17/04/2000 FH 850
      2,584 words
    • OVERSEAS PROPERTY
      • Article, Illustration
        Lock icon Down by the Riverside
        1545 35  -  Once down and out, London's Canary Wharf is now the placeto be working and living in, writes mbxl bebhbiamm NEIL BEHRMANN CANARY Wharf, the mammoth Docklands office complex 7km east of the City of London, has proven to be an outstanding project for Singapore's Pidemco Land
        1,545 words
    • Article, Illustration
      Lock icon THE MAKING OF a real estate professional
      1019 36  -  The Institute of Estate Agents' new president talks to ifABTBsa chew about instilling pride at work and current issues facing the industry MARISSA CHEW LESS focus on the deal and more emphasis on customer satisfaction, that's what the head of the largest real
      ARTHUR LEE  -  1,019 words
    • Article, Illustration
      Lock icon Of properly, poetry and prison visits
      489 36 DAVID Ong reckons he altered the real estate industry through "an act of God". You could also say it was in his blood the new president of the Institute of Estate Agents' maternal grandfather was the late Cheong Koon Seng. Mr Cheong was a
      489 words
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      45 35 PRIME FACTORY FOR SALE Location Lok Yang vicinity Description Purpose-built JTC factory Land Area Approx. 223,912 sq ft Built-in Area Approx. 109,198 sq ft Tenure JTC Leasehold 30+30 yrs w.e.f. 16 April 1973 For enquiries, please contact Sole Marketing Agent Industrial Department Tel: 224 8181
      45 words
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      Lock icon Page 35 Advertisements Column 2
      242 35 I Prime Mixed-Landed Prime Bungalow Site I Site in Bukit Timah along Dahrey Road I Site area: 34,473 aq ft Ste araa: 85,418 aq ft I Zoned for two-storey mixed-landed housing 2oned for Good Class Bungalows I S Scotti Road Pri Sch, SCGS, ACS and R6SS Shopping Belt and reputable
      242 words
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      91 35 Amana .JaSL Refrigerator Freezers Tk« pr«f*i fcallt-la ratrl««rat»r 22 cu ft I 620 litres Built-in, Side-by-side Ice'N Water™ Dispensing Refrigerator, Black with Stainless Steel door wraps and Solid Stainless Steel handles mhhbHl d < v r Si I iWi mh i fi aiM I I I 1 SSBE J 1
      91 words
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      29 36 fvO&flkend thursday Sunday -18 2000 Ar V^A Pslß^BiiP X* IJt #< i I iifjfll IbmmlM* _2^|^^^^B^BpTite9BffßB' i6^Bt)^SQ 1 1 in town! nif 10 y M^g|p get > f iM^^—iq u e
      29 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      268 37 Bridge News, Reuters THE Baltic Dry Index (BDI) rose three points to 1,560, the Baltic Panamax Index gained six points to 1,599, the Baltic Handy Index was unchanged at 1,128 and the Baltic Capesize Index was up two points to 1,988. At 1420 GMT, Biffex Was unchanged from
      Bridge News,; Reuters  -  268 words
    • Article
      Lock icon MARITIME STOCKS
      273 37 m JmH M *fCWt Distribution 0X1 0X1 7 Casco w»»Umant—Oil an 882 FllM Links 0.24 0X2 126 MHoldtagi 0M unch 0 Hai Sun Hup ___0X4 aoi 89 IMC 118—wqi itt 9X0 uncti 0 JeyallaMngs att 0.01 MS KappeiCerp 3.92 0J4 1878 KeppeiFELS IX) 0l04 87 MppMMirlm. 1.48 aiO
      273 words
    • Article, Illustration
      Lock icon Philippine seamen's salary to go up by 30%
      379 37  -  Wage bike will make mifiimnm Philippine crew wages equal to the Int'l Labour Organisation rate From< Alec Almazan in Manila THE Philippines is increasing the minimum basic salary of able-bodied seamen on board ocean-going vessels by 30 per cent. The wage adjustment
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    • Article, Illustration
      Lock icon Sizable orders for big container ships
      741 37  -  NEWBUILDS By David Hughes Substantial orders for large container ships feature in the latest newbuildings list while orders for bulk carriers continue to roll in. The six 4,800 TEU (twenty equivalent units) vessels for Zim represent an investment of some US$3OO million (Sssl6 million).
      741 words
    • Article
      Lock icon IACS still credible, says its new head
      162 37 [SINGAPORE] The new head of the International Association of Classification Societies (lACS), has denied that the association has lost credibility in the wake of the Erika fiasco. Masataka Hidaka, executive vice-president of Japanese class society ClassNK, is scheduled to take over from Hans
      162 words
    • Article
      Lock icon More drugs being smuggled through Panama ports
      140 37 [SINGAPORE] Panama's container ports and Colon Free Zone are playing an increasing role in drug smuggling since the pull-out of US troops, say US Customs officials. The troops were withdrawn when the canal passed from US to Panamanian control on Dec 31,1999. According
      140 words
    • PORTShots
      • Article
        Lock icon Bimco rejects
        105 37 organisation Bimco has come out in vtiry strong terms against nnilateral regulation of the sort now being proposed by the European Union and in support of intnmartnuiiMmirtnwflipiHinihin MWIIIihIII 11MIIIB Bimco's directors and thesgmemltetwnHiew (yqyyntrfttAd aMwfitWm mi or regional legislation which would jeopardise safety". Bimco president Philippe Poirier d'Ang
        105 words
      • Article
        Lock icon Exmar order LNG carrier
        59 37 [LONDON] Belgian gas carrier specialist Szmar, part of the CMB's group, has ordered a 130,000 cu m LNG (liquefied natural gas) carrier from Daewoo Heavy Industries with delivery due in the second half 0f9002. The ship will operate under a long-term agreement with theUS based energy
        59 words
      • Article
        Lock icon Cement trade set for growth
        37 37 [LONDON] Demand for cement shipping is likely to grow by over 19 per cent by SUO, to 16 minion tonnes, according to a new report flroa UK-baaed Ocean Shipping Consultants. However tMUk«^i^tm.i:
        37 words
    • AVIATION news
      • Article, Illustration
        Lock icon Stop, in the name of safety
        730 38 US air safely board wants planes to stop at every runway intersection to reduce near-collisions on airport runways AP [WASHINGTON] A United States federal safety watchdog agency, alarmed by high numbers of near-collisions between planes on US runways, has recommended that pilots stop at
        AP; FILE PHOTO  -  730 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      159 38 PACE Mms 4 KL AM. 3 3 t Accord I 4 Anntmhw S AwtreT 6 •ataH sua, c Ewqrm < !T7 FoongSun 8 CUnk 4 G«wtr« eon 7 Han# r CMA 3 C0SC0 5 IML) 4 CSA¥ 3 Hymdai T Central Ex 6 Mirarii 7 CHoYang 5
      159 words
    • Article
      Lock icon SHIPPING GUIDE
      15381 45 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AJvtftiMr Vms* Voy«Qt Tt«tplw* ETA ETA Advtftfc* Vtss* Voyy> SIN Otsfn Nam* Nam* Numbtr Numtef SIN Ottt'n N*mt Njm» Numbtf Nufn6#c 27/06 23/07 CSAV IRIS 009S 65-*****55 To ABIDJAN (ABJ) 2003 Cot* D'I voire vm 23/07 Nor** iris 009s 3m013 26/06 30/07 MW
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        714 48 Vessel Voy No Berth Arrival Departure UtMr Pwtra Jnn-01 Jyl< 1 IS M/06/6J5 MAM/2340 Suntai Jaya6 Prvon JM 14/06/9:15 6AM/6J0 St Call Infra ***** JOt 14/06/8:15 6/06AM4 SayswatarlM H0M7 J02 M/06/8:8 MAM/MOO Ef 23 113 J02 M/06/945 M/06/M40 Vgtr 9 1 JK) M/06/KM5 8/06/6J0 Winstar 1 53SOO J03
        714 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1907 48 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Book log/Bolonco Rstts Ship Voy Mo Etb/Btr Pwiod From To From "CO"" JVBOO U/HM U£M a a/1700 M/otM worn «ma »6 ivaoo u/»m u/*m jv»» a a/mo ww mmm a u/mo M/MM 14/04M I M/OTM M/MM XT40C 4 M/I2M HAW
        1,907 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        179 48 Jan IS Malaysia: Prophet Muhammad's Birthday. Brunei: Prophet Muhammad's Birthday. Jul 1 Hong Kong: HK Special Administrative Region Establishment Day. Jul 14 Francs: Bastille Day. Jul IB Brunei: HM The Sultan's Birthday. Jul 17 Thailand: Buddhist Lent Day. Jul 20 Japan: Marine Day. Aug IB Germany: Assumption Day.
        179 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        768 48 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        768 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        391 48 Carta* 160 Max 990.5 0.7 SJ 0.09 78 0.05 k.<> a >>.<., rmMm Ask "—lata Sediment No tboyt E2S 0 0 1 0 0 0 =21! 2!= 380 Ave 985J 02 12.6 0.06 48 0.02 r380 Max 991.8 2,0 16-6 0.08 98 0.05 Mglg w/M %m/m
        391 words
    • AIR & LAND transport
      • Article
        Lock icon Airlines name Internet site Orbitz
        183 49 Bloomberg [WASHINGTON] An Internet site developed by more than two dozen airlines, including the five biggest in the US, named itself Orbitz and appointed a lawyer who represents consumers rights' groups to its advisory board. The Web site, formerly known as T2 and scheduled to
        Bloomberg  -  183 words
      • Article, Illustration
        Lock icon Japan moves to build second offshore airport
        441 49 Construction of airport off Nagoya coast, targeted for completion by 2005, could begin in August Bloomberg [TOKYO] Central Japan International Airport Co said it is moving ahead with plans to build the country's second offshore airport by 2005, after concluding negotiations with local
        Bloomberg; FILE PHOTO  -  441 words
      • Article
        Lock icon Honeywell, Jeppesen partly to blame for crash
        418 49 AMERICAN AIR CRASH Dl CAU Reuters {MIAMI] A Miami federal jury found a computer company and a software firm partly to blame for an American Airlines crash in Colombia in 1995 that killed 159 people. The case was brought by American Airlines, which
        Reuters  -  418 words
      • Article
        Lock icon Air France intends to join merger process
        116 49 AFP [PARIS] Groupe Air France chief executive Jean-Cyril Spinetta said the company "intends to join" the ongoing round of consolidation in the industry. "I'm convinced that consolidation of the transport industry in Europe is not only inevitable but necessary," Mr Spinetta said on
        AFP  -  116 words
      • LOGBook
        • Article
          Lock icon KLM raises fares by 3%
          99 49 Reuters [AMSTERDAM] KLM Royal Dutch Airlines said it and its partners had Increased feres by 3 per cent in order to compensate for high fUel prices. The price increase applies to feres published in the Dutch market and begins with tickets issued as of July
          Reuters  -  99 words
        • Article
          Lock icon MAS, MidEast Airlines in code-sharing
          119 49 Reuters {KUALA LUMPUR] Malaysian Airline System Bhd VM (MAS) and Middle East Airlines signed a code-sharing deal covering flights operated by MAS between Beirut and Sydney via Kuala Lumpur. The national Bernama news agency said the code-sharing pact, signed in Beirut, will take effect from
          Reuters  -  119 words
        • Article
          Lock icon Emirates, Turkish carrier form ventures
          68 49 Reuters [DUBAI] Dubai government-owned Emirate® airline said it had set up a joint venture freighter service between Istanbul and Dubai with Turkey's MNG Cargo Airline. Emirates Sky Cargo, the air freight division of Emirates airitoe, said in a statement the service wouki be operated by
          Reuters  -  68 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1551 49 an flight ha fucht no (d-Hidi mm n una mm tM0M S0003 MO C2392 WW ojFj, ""ofjj 2H5 COS 2045 S0004 1020 AM221 22)0 am *wo74i no «m MO LM638C 2230 ******* 1929 1 _L ma mo wot so moo xo AwtwMi S0327 0m KL0030 2255
        1,551 words
      • Article, Illustration
        Lock icon Taiwan to buy Japan's bullet train
        505 49 Deal comes months after rival Enrotrain sought court injunction to freeze it Reuters [TAIPEI] A Japanese consortium clinched a multi-billion dollar deal on Tuesday to provide Taiwan with Japan's famous bullet train after months of controversy in which rival Eurotrain sought a court injunction
        Reuters; FILE PHOTO  -  505 words
      • Article
        Lock icon Alitalia considering Air France tie-up: report
        190 49 AFP [MILAN] The Italian state airline Alitalia is again considering an alliance with Air France following the failure of its alliance with KLM of the Netherlands, the financial newspaper MF reported. Alitalia declined to comment on the report on Tuesday, beyond saying that it
        AFP  -  190 words
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      170 38 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com 't' r MNUM AQCNCIKS PTI. LTD. T« *****00 fIMH F*cB3Moo4T«tacßB 2UMKMJM
      170 words
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      Lock icon Page 38 Advertisements Column 2
      628 38 Lines services represented by M«nber*of*»R«giilryof Mambars of Accredited Shipping Aaenh Singopor* logirfics Snggpore Shipping AMooation AMPcicJion S'" vissa Twt m P. KLANG SPOtE MAU B Princess lily VO4OO 26/06 27/06 07/07 I Empress Lily VO6OO 12/07 13/07 19/07 I Princess Lily VO5OO 28/07 30/07 06/06 I 1 NORTH MBOC MQAD,
      628 words
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      1013 39 SAX SERVKI (DIRECT) vtssa wy swro um oat d* hou oo cot bbo ai ntc APISMDONYX 0211 21/06 06/ V 11/07 11/07 11/07 11/07 11/07 11/07 12/07 12/07 HWffIIMMHI (051 20/06 13/07 10/07 10/07 10/07 10/07 10/07 10/07 10/67 10/07 AflJMi 0211 05/07 20/07 25/07 25/07 25/07 25/07 25/07 25/07
      1,013 words
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      Lock icon Page 39 Advertisements Column 2
      1598 39 ®HANJIN SHIPPING iikPl tMMplai -Sdb 7 *****# HAMJM SMffMC (S) fTI lIP kmam 400CK 737C735-737 SM& 737Q7H 731 DOOMT *****71 774 OfHATIMR *****5* 7SI WUK *****55 HUS34H4S CIM *****T3044M TO NW USA A CANADA USA CANADA* wvsi/vot IW I wwSTwt rsn m m m r~fir HT~| wt mm nt m
      1,598 words
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      Lock icon Page 39 Advertisements Column 3
      300 39 rasa WTirewTiNCffliaw rasa wr sw xi sat mnuu* m ivm n/u km vm n/m mam J®. 2!** <a/v jp t jyw untmiw is \im wu mm ti/M km vm mm mm ■M'l.l lI?IJ'M'I■ J.I TMBM WBBM KT I?WITH a* *m n/v wv wv tauo tra KM nM *M WiyM_ ay
      300 words
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      1423 40 DSR SENATOR LINES TO UK/COrmNENT TOMEPfTERRANEANCANADA ga Iwy~ sb ia btm «iw hmi wv fu «na wy mi en sfe rot m win HMUM SAVANNAH MOW 11 B 8.17 1117 M.17 (717 Ml 7 CHOYMI6 SUCCESS MOW 17 B K. 17 Ml 7 Hl7 MJ7 11.17 HMUMWIMMCTON MI2W SIM *717
      1,423 words
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      Lock icon Page 40 Advertisements Column 2
      853 40 ffTTTTTq Cantor MM CONTR LINES, INC rqummq: <«)»*» MwV** J O—OMMI6TMD6OI SBU; (064) *****9 MAMLfc (OZ) 64M4M POiAHO: (04)*****36 BANGKOK: (682) *****67 SURABAYA: (31) 3H3211 P. KEIAMQ: (03) *****77 JKT (21)*****46 KUOIWQ (062) *****1-3 HO CHI MINH MANZANILLO MV "DASHENG" V.012 MV EUROPEAN EXPRESS" V.EUOOI N ETA SIN: 20-6-2000 ETA
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      Lock icon Page 40 Advertisements Column 3
      586 40 EXPRESS COMTNNBI FEEDER FOR N.SHRM (CFS MUUMO. MMBAKOLOMN) ALSO ACCEPTM6 TO MX NORTHERN MB WESTERN I.C.D. POMTS Vmml tore N SHEW colomno pklans tdlsjdasvm iijun hjun rju rjul CAPE CREUS V.ISBV ZSJUN M JUL M JUL 14 JUL CAPE CANAVERAL V.I2SW B JUL 11 JUL If JUL M JUL TULSIOAS
      586 words
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      773 41 IVISSa VOY HKO KHH SM PKL DX» iA DAM Mt MAN TAtATABAB PCL-158 09/06 11/06 16/06 17/06 25/06 26/06 28/06 30/06 MAN SATTAM PCL-159 16/06 It/06 23/06 24/06 02/07 03/07 05/07 07/07 MANBAAJCH! PCI-160 23/06 25/06 30/06 01/07 09/07 10/07 12/07 14/07 MAN HESAAI PCI-161 30/06 02/07 07/07 00/07 16/07
      773 words
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      Lock icon Page 41 Advertisements Column 2
      943 41 mwstiwa J Apr MKINOUWO I IBf mIZL* I StHGAfOm: M ROMNSON ID TIL 224 IWO HUt 2J622M OUTWUOd/U I 7®v™ SHIPPING PTCITD #11-00 uus/K! 4msis;/«i inwuohptio/o) «ns;is COSTAR AGENCIES (M) SDN BW |_J*JjfcJIWMOOOOM SWCAfOMOWW COWVtHTKHUi 4»Sjol/M0 T/SHfUTOCFT 4?OS<}s TBjQt-07-15MittRUfcQ2-07-353>170 WOT r» M G SMAQMXM DAI SMC HPU 111 Wl/WT H
      943 words
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      Lock icon Page 41 Advertisements Column 3
      587 41 won IWOT MS Ijl IJ_ J® mI 11 I I HifoniM ww i5/v li/oi ii/w u^il nmSwblmi jSII 1 1 1 1 e»o*t imk>«t lllli |g|^=Ug=^P fnHri ixpott MOOT mm. I wr m sa m m wna wr sun m a fljijr is:ag=-gg-sff-ag= K?i££L 25—-£2J —S££--2£J -mm-MM—IAM—ttM- M/M saa i
      587 words
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      490 42 EXKHTT I IvKsa/voT*« Imp |m lim nv ib amit |uw ■Mma wwwww iwl ■EammiMu rih 14*7 it/07 imp ii/p EOEWEHHIU 01/07 wo 71/87 23/07 2S/07 2*/07 laISO ACOPnMCAKOTOAMFMfc- IMAM MMUU. MMI MBSM iMMMY arorr vna/vomi |ao |ob |mu |mm |mv \w |b wwjgjgg wiwiwuypitrw w ■"TiMfW Ml l7i«hMg nAB HAB
      490 words
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      331 42 Vissa VOTAd SCf CM DIM MA AMI OMN lAN INNIV MMM 01 SAW 14/04- 27/04 01/07 IMASSOT 0417-01W It/04 73/04 21/04 79/04 30/04 01/07 um moan oinaxw ?t/04 xw 30/04 0v070v07 MClf OISMf 73/04 M/ 07 05/07 07/07 M ABBOT Q4IM7IW M/ 04 K/04 05/07 04/07 07A17 OHI7 UM ASSdR
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      947 42 Ar P ADVANCE CONTAINER LINES (PTE) LTD ALL- TIL: *****21, FAX :*****19,TELEX :RS ***** ACLPL CHNO. *****M0000E fOt BOOKINGS MJLASI CALL: *****22 SALIS A MAMUHNO *****21-2$ VOY SN BOt VHH VOY JKT kqta sag !5§Q6Z_ IsZ6—lhu ISZ& ia kdiamwuiutcd MJU263 15/6 n* 18/6 Sun YAhfTßAamrrtimn im 21/6 v>y off 17/6
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      354 42 M TBJOK BLMKAH ROAD N2-82 01 WW I CBfTRE, I FfW —H TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** C« MO. **********0W *ssa wi ps eid Doiawn nmumm 24/zm wmnm nmnm no., mlmmmnttk" KASUH turn IHHM IMM PONTOANAK ■uunw turn aww nmnm MLMUW'Munu SEASPACE SHIPPING (S) PTE LTD
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      371 43 i BSA 1. M MYANMA \BBBk FIVE STAR UNE (MvHNr Nattawl Um) \W Lftßij lor YaafM nssa vor sw m rw pgu bawiabtwi oow at SAGAMG MW M/M omlatsia agents: doustiad smppmg AGENCIES OL m (03) *****00 HL IH (03) 37*4101 rat m mmimm pot ra (07) *****21/4 BANK LINE
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      1340 43 \hmn& HYUN^^AERCHANTjMAJiiNEcoj^tfD^^^^^^ ivtssa vor Jk I sou Iw I na ant |ma| mv iwssa wot i som i ibo i na ant i nab imv TaT DANUM SS4W IS/00 03/ V 00/07 OS/07 00/07 BM SOM 22/05 27/05 M/M 25/05 IS/M MX BE 010W H/M 07/07 M/ 07 02/07 04/07
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      584 43 WALLENIUS WILHELMSEN TO NORTH AND IAIN) AMERICA "CAR ROtlO H£AVYUFT StIVKI* IVBSa VOY I RAMP HBGHT SIN LK MAO MIA SAV |M 1 Otf |NYC |KW|MM~] tatmu amis 4001 m ojm TT7O4 10/07 Ttjvi io7or oi7oT 037oT*****" 00/05 lo7oT ii/w TAMPA AMU 4001 ms OJM 10/07 00/01 17/00 20/00 22/00
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      1383 44 INDONESIA NATIONAL LINE TO AUSTRALIA WJU. OOtIIMWEW«ByiC« I *a ww m m ib mmmo m am iv» OMftl "S" W/MB/« *iii W B/67 vr* WB— "pT */uv/m tyy m/v ~wi rnwotr m m/w pi/P|FEEDEB SERVICE TO INDONESIA IB HMB m M I mmm HOTANG MAS SHIPPING I mmj »NHL NQAO,
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      47 47 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD >Wilhelmsen Offers Weekly FCL/LCL New Europe To CACTMAI AYCIA MIDDLE EAST/ EAST MALAYSIA E DETAILS Pg 8 Pg 1 (Barwil)
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  • Page 48 Miscellaneous
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      130 48 .s I Ag Nk .%j LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Rain Temperature o,^/^ //j n( j direction and speed in knots /-i r» Weather Cloudy Day (X Hazv J Windlfpeed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j K
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  • WAREHOUSING & LOGISTICS
    • Article, Illustration
      Lock icon Timely delivery alone just won't do
      1107 50  -  For FedEx, it's no longer just about getting packages from point A to point B any more. By Donald Urquhart in Subic Bay about anything ww 1 under the sun" is H how a Federal Express senior executive describes what his express transportation company
      1,107 words
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      Lock icon Plugging into the FedEx network
      532 51 Donald Urquhart What makes this global production come off so seamlessly is a series of globally interlinking netWorks centred around Express Distribution Centres (EDC), utilising Fed Ex's unique hub and Molm system.. In Asia, for instance, this air transport and logistics network is known as
      Donald Urquhart  -  532 words
    • Article, Illustration
      Lock icon Surviving the e-logistics revolution
      515 52  -  Warehousing and transportation processes will not be left untouched by e-business. Ignoring it is not an option. By Donald Urquhart The far-reaching impact of the Internet and e-commerce will mean that competition will no longer be between businesses but between supply chains, said a PricewaterhouseCoopers (PWHC)
      DHL  -  515 words
    • Article, Illustration
      Lock icon Tackling e-fulfilment
      1052 53 Whafs at stake is the Perfect Order. Riding on the wave of e-commerce fever, Asia has seen the proliferation of "virtual businesses" and electronic online stores, such as Tom.com, Catcha.com and Amazon.com, joining the ranks in the burgeoning electronic marketplace. Clearly, the Internet is shifting the balance of
      1,052 words
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      Lock icon Beating competition with the virtual door
      485 54 Supply chain managers can help organise your inventory, deliver goods, clear customs and perform quality checks on your products. Doesn't it raise your hackles when, after jostling with the maddening crowd at the Great Singapore Sale and finally hunting down a store assistant, you
      485 words
    • Article, Illustration
      Lock icon Looking to the future
      1378 55  -  Where is logistics headed? MANEK DUB ASH looks at how more globalisation of markets, new technology and expected e-commerce growth will impact one company DHL. MANEK DUBASH Manek Dubash is editor of PC magazine, a leading British PC and Internet magazine. It is predicted that, by
      1,378 words
    • Article
      Lock icon 12 things to look out for
      189 56 lE-commerce worth hundreds of billions of dollars every year will be driven by growth in the Internet, prompting huge demand for logistics services. 2 Technology will get faster, enabling the delivery of more data and video, bringing richer and better service. IT standards i®
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      66 50 YOUR ONI STOP LOGISTICS CINTRI 'It ti, v g. PROVIDING YOU WITH COMPLETE RANGE OF FACILITIES B* I 9 P 1 -i > PH Containers Express (Singapore) Pte Ltd 23 Pioneeer Sector 1, Singapore *****1. Tel: 862 1711 Fax: 8624 552 (Main) 862-2178 (Depot) Contact: Poh Peng Hoe H/P *****316.
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      64 51 to a Professional Qualification in LOGISTICS, MATERIALS, PURCHASING and SUPPLY CHAIN MANAGEMENT Jgl GRADUATE DIPLOMA IN LOGISTICS MATERIALS MANAGEMENT .r/r/.K-COMMERCE < 1 I I ADVANCED DIPLOMA IN INTERNATIONAL SUPPLY CHAIN MANAGEMENT DIPLOMA IN MATERIALS MANAGEMENT jjppf ..,//> K-CO.MMKKCI. fiDV DIP/ WT7\ 1411 ii m GRADUATE DIP 1 WMI I warehouse
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      119 52 DHL. RECOGNISED AS THE INDUSTRY LEADER FOR 14 YEARS IN A ROW. ■M' If IHpf Ijj B1 B B 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 mm mm mm Hsr-~< «W -/i. 1996 1997 1998 1999 The only company to have won the "Best Express Service" category
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      135 53 LIQUID BULKING INSTALLATION JURONG PORT A BELAWAN TANK TERMINAL MEDAN, INDONESIA J DRUMMING, STUFFING UNSTUFFING OF CONTAINERS PACKING, RE-PACKING RELABELING J DOCUMENTATION FORWARDING SERVICES I POH GUAN HO INVESTMENTS PTE LTD I 42 JALAN BUROH, SINGAPORE *****9 I TEL: 65-261 0345 FAX: 65-265 3646 TELEX: RS ***** PGHSQ I Email:rongling@mbox4.sirignet.sg
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      153 55 DRIVE DOWN YOUR COSTS We re-engineer your supply chain process To be successful in any business, you need to work with companies you can rely on. That's why so many of the world's leading Companies choose DANZAS AEI to manage their global supply chains. With a network of over 700
      153 words
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      288 56 i|H I R y MkikJßdfll ■C^Hft&—ir It > ✓•>-ar n: Speeding success in your e-business Reliability. Speed. Service. These are ingredients to ensure your success in today's dot.com world. At Keppel Logistics, we are well positioned to meet all your logistics needs... including the virtual ones. From physical storage to
      288 words
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      51 56 Pro\ide warehous£spae£ Inside I I Z I bondedl area and I 11* Ba\ water Shipping Forwarding I Mi- ltd -—Jae Admin Oltiee I Maritime Square. #<H-.> 1 World Trade Centre ll.ohhv Bl.Singapore Operations (Warehouse Distribution Centre) 37. Juron»! Road. Jnr«»nii Port \\arehouse No: J3 I)oor AIS/815 Tel: :(>::"(H)7 l a\:
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