The Business Times, 27 June 2000

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 44
1 44 The Business Times
  • 14 1 THE BUSINESS TIMES MrrAij^mrT^aM 85* S INGAPORE Internet: http://business-times.asial .com.sgA TUESDAY. JUNE 27. 2000
    14 words
  • 50 1 Dual* t-719) QSSU fflPfMT MAE^ct Muadf Change KLSBOOMP mun -8J8 NDEKEi l«£2gj| 47 .81 HANG SENG ttf?Ml__+i4088 SET INDEX 3ML7S 2J8 JAKARTA COMP MANILA COUP _t«U« -IMS TAIPEI WP! MUM -***** SEOUL COMP 7tU& *12.61 OSACHNA B —U98.42 JWWfflXORD UJM ♦tl Nooa EST Orngt DOW M4lt74_>rt7JB S*r5» L4MM
    50 words
  • 68 1 FOBEX BATES USt 8t USS L7S4 £(US$/S$ per S) LMO UK EUWO(USS/SS/E) U32 1.61« Wl 1096 18» YEN 1046 1.M 1 RM UN 0.464 HKS 7.718 QJB BAHT S8.1S 0.044 RUPIAfl MJ 0«O* •strnmimta PUKE BARS SINGAPORE* KUALA LUMPUR 7.C7 JAKAKIA I BANGKOK 9M MANILA tiJO HONGKONG 8.50 TWH
    68 words
  • 1000 1  -  In radical revamp, gronp will sell entire stake in MAC to CityDev for HK$6Jb Reports by Conrad Raj [SINGAPORE] Shareholders of CDL Hotels International Ltd, which is 54.2 per cent owned by City Developments, are to receive a cash bonanza
    1,000 words
  • 137 1 [SINGAPORE] The Singapore property market is now undergoing a period of consolidation, and buyers should stay in the market for the long haul, says leading load hotelier and property tycoon Kwek Leng Beng. Admitting that he has a KHPtffiinterest, he said: "When
    137 words
  • 578 1 exclusive Growth seen slowing from 5% this year to 2% next year ift/VOcramKhanna [SINGAPORE] The US economy could be heading for a hard landing, with growth likely to slow sharply from more than 5 per cent this year to 2 per cent
    578 words
  • 1024 1  -  X&vier Chong's prudence has served his soon-to-be-listed company well By Corinne Kerk [SINGAPORE] A scrooge and a pennypincher. All right, so these words are a little harsh on Xavier Chong, but you've got to admit they spring to mind when the
    ARTHUR LEE  -  1,024 words
  • Page 1 Advertisements
    • 344 1 insure BT Comment Another bad deaJ for OCBC minority shareholders? Pg 4 Top Stories HK Exchanges shares seen soaring on debut Next Paga Nina Wang: Asia's richest woman. Next Page Arts Fast r^^SHHMindRyHH blowing moves Pg2*fy ■mi 'JfiVRSr .Jvf jL What about breaking up CityDev?, Pg 12 8 88 8
      344 words
    • 11 1 US could be source of big defaults for UK banks, Pg22
      11 words

  • NEXT page
    • ON THE grapevine
      • 120 2 IF anyone still does not believe the end of the Internet boom is at hand, this new Web site will be the final proof that Net entrepreneurs out there are really scraping the bottom of the barrel. Lucky7.com.sg has launched what it proclaimed in a press
        120 words
      • 48 2 TALK about value-added service. Research firm Netresearch-Asia sends out daily e-mail on listed companies and the Dow Jones Industrial Average and Nasdaq composite indices. With the Euro 2000 championships in ftill swing, the kind folks have thoughtfully included the previous night's scores as well.
        48 words
    • 637 2 But lack of a new share issue and perceived npside mean trade could be very thin initially Reuters [HONGKONG] The Hong Kong Exchanges and Clearing Ltd (HKEx) will be listed today, and given the relatively low price of the shares relative to those of
      Reuters  -  637 words
    • 620 2  -  Fortune depends on hattle with father-in-law for late husband's assets Promt Quak Hiang Whai in Hongkong NINA Wang is Asia's richest woman, according to Forbes magazine. Or is she? Well, that would depend on how the Hongkong court eventually rules
      620 words
  • Page 2 Advertisements
    • 278 2 iUhe Hull MBA* OF HULL MBA (General) 28th Intake Starting Soon! "Ranked Among Starting in Singapore •28 June 2000 Sowion MBA (Investment Finance) 10th Intake Universities 1999" Starting in Singapore July 2000 I UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" 0 MA/BA Doctor of PMooopfcy hi Bosinooo ft
      278 words
    • 16 2 Sydney Future* Exchange valued at up to AslsBm, Pg 22 Buy It. SeU It. Find It.
      16 words

  • Page 3 Advertisements
    • 229 3 Issued by Morgan Stanley Co. International Limited, regulated by the Securities and Futures Authority Limited. Morgan Stanley Dean Witter is a service mark of Morgan Stanley Dean Witter Co. The markets look for more than meets the eye. offering. Putting monetary values on things that defy conventional Which makes it
      229 words

  • SINGAPORE companies
    • 467 4  -  Femtkitnlauaii shares will farther dampen KL market conld be eyerbtown By Eugene Low INVESTORS will not be rushing to dump their Clob shares when trading resumes next Monday on the Kuala Lumpur Stock Exchange, going by those BT spoke to yesterday. Fears
      FILE PHOTO  -  467 words
    • 336 4  -  By. Jennifer Lien CONTRACT manufacturer Nat Steel Electronics (NEL) has teamed up with local plastics firm Hi-P to buy the printed circuit board assembly (PCBA) and plastic moulding operations of USbased photo giant Kodak in Shanghai, China. NEL and privately-held Hi-P, a
      336 words
    • 421 4  -  ££2™iQ\/FRS Talks on possible acquisitions going on, it tells SGX in response to qnery By David Boey DATACRAFT Asia said yesterday that the use of placement funds for ongoing and "prospective small acquisitions" which could be completed in the next few weeks could
      421 words
    • 176 4 Stack closes at TIJBC despite weakness in teck issues AFX-Asia ADROIT Innovations Ltd shares were sharply higher yesterday, defying the weakness in most technology issues, as investors turned upbeat on the company's growth potential, dealers said. By the close, Adroit was up 7.5 cents,
      AFX-Asia  -  176 words
    • 681 4  -  locksiew catherine ong THE last time OCBC Bank divested a chunk of nonfinancial assets, its minority shareholders didn't come off as well as a sister company in the OCBC stable. It's not surprising therefore that last week's announcement of a threeyear deadline for
      681 words
    • 548 5  -  Increased shipments, exports daring Y2K period, new airline GSA contracts cited Byi Serena Ng AIR cargo specialist Air cean Group has delivered on its earnings forecast, posting a 36 per cent jump in net profit to $4.61 million for
      FILE PHOTO  -  548 words
    • COMPANY Briefs
      • 146 5 SHANGRI-LA Asia yesterday said its US$6OO million (591.04 billion) equivalent syndicated facility has been oversubscribed by 63 per cent with 36 banks Joining the syndicate. The strong response prompted the company to increase the facility amount from US$5OO million to US$6OO million after consultation with
        146 words
      • 76 5 KEPPEL Singmarine Dockyard, a member of the Keppel Hitachi Zoeen Group, said it has delivered two tractor berthing tugs to River Wijs Pty Ltd, Jointly owned by WtysmuUer Group of Holland and Riverside Marine of Australia. It is also currently building two more tugs and
        76 words
      • 16 5 COURTS Singapore has appointed Terence Donald O* Connor, 32, managing director.
        16 words
      • 88 5 Reuters [BOMBAY] Indian information technology firm Fortune Informatics said it had entered into a strategic tie-up with Singapore-based JOS Technology Pte Ltd to market its products in Singapore, Hongkong and Malaysia. JOS (Jardine One Solution), the IT arm of the Jardine Matheson Group,
        Reuters  -  88 words
    • 448 5  -  By 1 Toh Han Shih SINGATRUST shares will start trading on the Singapore Exchange main board on July 6, said CEO Pao Ning Yu yesterday at the launch of the company's IPO 'at $1.20 a share. The company, which provides products and services
      448 words
    • 452 7  -  Strong boost from property and marine logistics operations Byy Ven Sreenivasan STRONG contributions from property and marine logistics operations boosted Hai Sun Hup's net profit by 31.1 per cent to $40.04 million for the year ended March 31.2000. Turnover grew
      FILE PHOTOS  -  452 words
    • 186 7 HIAP Seng Engineering's full-year group net profit rose 9.2 per cent to $4.45 million on a 30 per cent increase in turnover to $80.4 million. The group said yesterday that the increase in turnover for the year ended March 31,2000 was
      186 words
    • 523 7 Franklin Templeton Funds move comes as govt announces $lb life sciences boost Reuters A US fund yesterday offered Singapore investors a chance to ride what could be the next stock market wave life sciences, into which the Singapore government plans to inject $1
      Reuters  -  523 words
  • Page 4 Advertisements
    • 75 4 SingaTrust Limited (Incorporated In the Republic of Singapore on 15 November 1994) INITIAL PUBLIC OFFERING 50,000,000 Shares at $1.20 each Application for Shares may be made on printed Application Forms referred to in the Prospectus dated 24 June 2000. Application for Offer Shares may also be made by way of
      75 words

  • Page 5 Advertisements
    • 3 5 534 3 7^^
      3 words
    • 218 5 s r p^BppT >, t 4 is.,. > >< f.* *'i# ■*f <«*»>•»»* tsf" i&muhoi. av t *V r n f *fs» aHfc Jaw<sjK£* uw oi Twqqn?« ENTERPmSE^22OR/420R IB Sb H High performance and Highly raliabfe Rack optimisation P| scalability Dual power cord* redundant 4 RU form factor makes it
      218 words

  • SINGAPORE markets
    • 178 6  -  WARRANT WATCH By 1 R Sivanithy THE recent government directive to banks to sell their non-core assets within three years has generated some Interest In counters that traditionally don't attract that much attention. They include Haw Par, Robinson Co and UOL,
      178 words
    • 228 6 Stocfcs Vokjfm Adrot 10c *****,000 AddvafTach 2.5c 24,782,000 Mat*-Rad5c 15,828,000 AkOcsan 5c...» 14,708,000 OaaiaintHOc..... 11,718,000 TrakSc 9385,000 ST Aaaamtoly 25c 0,044,000 PsrkwayUto 5c 7.713,000 WntfxwidUSIQc 7,*****0 Links Wand 10c 7,481,000 aipoiw r 068On *****386 V**jraMfg25c *****390 ST Aasambti 25o 41,883,015 0C8C *****,400 Adrot 10c 25,325,180 Chart Semiconductor 28c 22,*****2 U06
      228 words
    • 577 6  -  I-II comment STOCKS r. sivanithy AS expected, US interest rate concerns kept most players out of the stock market yesterday, leaving house traders to churn second liners. In this, new listings were the name of the game. Although these
      577 words
    • 219 6  -  HOT STOCK By' Wong Wei Kong SHARES of Parkway Lab Services rose in active trade yesterday, with the stock finishing among the session's most heavily traded issues. Parkway Lab shares closed up 4.5 cents, or 6.5 per cent, at 73.5 cents. The stock opened at the
      219 words
    • 158 6 RAFFLES Medical Group announced that the SOX has granted in-principle approval for itsapplication to transfer to the SGX main board. The effective date of transfer will be announced at a later date. ♦ZAGRO Asia announced that it has received in-principle approval for the transfer of the listing and
      158 words
    • 353 6  -  li comment CURRENCIES larry wee THE US dollar recovered In Asian trading yesterday, as players trimmed short positions in case the US Federal Reserve unexpectedly raises interest rates at its meeting starting today. A spate of soft US numbers has encouraged most
      Source  -  353 words
  • Page 6 Advertisements
    • 276 6 automechanika^®^ The Only Aftermarket Automotive Show You Need To Attend In Asia From 28 June to 1 July 2000, Automechanika Asia International Trade Fair for Automotive Manufacturing and Service is back for Its second showing Whether you are sourcing for the best Why you should attend the show variety of
      276 words
    • 51 6 YOU CAN NOW PUT YOUR 1 CPF SAVINGS IN EIGHT. Important All applications tor units in eight must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units and the income from them mav fall as well as nse >I<| >r.s-
      51 words

  • Page 7 Advertisements
    • 108 7 The official delivery company of the 2000 Olympic Games. I 891 Long Distance Runner The 2000 Olympic Games will involve 10,200 athletes in 28 sports, 5,100 officials and 15,000 media people. To do their jobs while they're there, they '11 need things like track shoes, training tables, boxing gloves, cold
      108 words

  • Page 8 Advertisements
    • 208 8 Connecting Innovative Start-ups with Compatible Investors A cocoon provides the perfect environment for growth and change. It facilitates a metamorphosis that transforms youth into I I maturity, or in the I case of Cocoon Asia potential into profit. Cocoon Asia expedites the metamorphosis of start-up businesses by linking them with
      208 words

  • SINGAPORE news
    • 444 9  -  Centre is its first outside Europe; group to invest up to $70m over five years By\ Christopher Tan MANNESMANN VDO of Germany, a world leader in car infotainment systems, has set up a design and development centre here its first outside Europe.
      LIANHE ZAOBAO  -  444 words
    • 423 9  -  Free SMS for Mi's GSM customers to other networks By' Teh Hooi Ling MOBILEONE (Ml) and Nokia yesterday announced that they would begin field trials of a new hot mobile phone technology 3G or third generation Wideband Code Division Multiple
      423 words
    • 296 9  -  Byi Andrea Tan THE number of teenagers who visited Singapore grew a healthy 18.3 per cent last year, following an 8.4 per cent decline in 1998. The growth rate compares well with the total 6.96 million visitors or
      296 words
    • 399 10  -  ■RTTon the economy industrial output By Ven Sreenivasan SINGAPORE'S industrial output surged 20 per cent last month, lifted by strong growth in the electronics and chemical clusters. The cumulative output for the January-May period was 13.9 per cent higher than that for the first five
      Source  -  399 words
    • 550 10  -  They most act now or lose oat, say business leaders Byl Tay Hong Seng SINGAPORE investors risk being left out of the vast opportunities offered by China's impending entry into the World Trade Organization (WTO), some business leaders and academicians have warned. The
      550 words
    • 652 10  -  Proposal to tax top 5-10% of firms to support SBF will be studied: BG Yeo Byl Audrey Tan THE government supports the formation of the Singapore Business Federation (SBF) and will consider legislation to impose a levy on Singapore businesses to support it,
      ABDUL AZIZ HUSSIN/ST  -  652 words
    • 566 10  -  A handful of The Equatorial up at $1300 psf By] Kalpana Rashiwala riutMuu L,ana nas soia slightly more than half of its 111-unit Palm Grove condominium launched last week at an average price of $630 per square foot (psf). '"'City Developments, meanwhile, is
      FILE PHOTO  -  566 words
    • 322 10  -  MAiLisrm Ronald Chong Manager (Public Affairs) Central Provident Fund Board via Internet Singapore WE refer to Wong Sek Choon's article headlined "50% investible savings: is interpretation right?" (BT, June 10). Mr Wong proposed that the amount available for investment under the CPF Investment Scheme (CPFIS)
      322 words
    • 293 10  -  Narayana Narayana AS Lim Chin Slew mentions in his letter ("Easy to preach property price foresight on hindsight", BT June 21), hindsight has an immense advantage over foresight in that you can never be wrong. However, I am not sure about his comments "how can
      293 words
  • Page 9 Advertisements
    • 205 9 I L i Ml——^^T "p~" I-•• I m I nil miniiini—rniri |m j H T <iItjIHHHK Rmkm **M- s j^li^nnHHHßHHnsni Singapore and BASF together we bring out the best. BASF is a transnational chemical company dedicated to developing innovative products and The bOSt SffortS /ft environmental Care processes that are
      205 words

  • Page 10 Advertisements
    • 57 10 We welcomeletters.&mallusstbttotter*sph.com*gor fax usst *****71, or write to: The Business Times, Times House, 390Kim Seng Roed, Singapore *****5. We need your M name, address and telephone number, so we can verify it came from you. Please use temperate language, end beer In mMiM laws. We reserve the right to select
      57 words

  • Page 11 Advertisements
    • 178 11 For the five essential areas of your life. One essential card. Personal Investment Ever Bordeaux futures? Maybe not but this the down to earth money the our Technology group For those who to live on the cutting edge, our Technology interest group helps keep you up to date the trends
      178 words

  • FOCUS property
    • 503 12  -  > comment PROPERTY Let shareholders choose whether they want to Invest in hotels or properties lee han shih WHAT is the chance of City Devts Ltd, the biggest listed property company in Singapore, breaking up into two or more components in the near future?
      503 words
    • 455 12  -  111 l there, but well still keep close watch of markfltsgfft From l Quak Hiang Whai in Hongkong THE Hongkong government has no intentions of calling off land sales or relaxing home loan rules. Housing Secretary Dominic Wong made these points
      AP  -  455 words
    • 256 12  -  By Marissa Chew OFFICE buildings in Singapore give the lowest yield in Asia, according to a report from property consultants Knight Frank. Office yields, which are taken as the annual rental income divided by the capital value of the office space, are 4-4.5 per
      256 words
  • Page 12 Advertisements
    • 272 12 Freehold Bungalow Site Along Mountbotten Road Site area: 5,133.7 sqm f~ (55,259 sq ft) J Possible to accommodate ~lq| A r r^r* 7 bungalows, including o jfj IgO!« existing house to be conserved JJ— For Sale by Tender Closing:Tuesday,27June2ooo,4pm w n t paw *3 lEE Debenham 5 Tie Uung For
      272 words
    • 317 12 For Sale by Tender Freehold ShophouMi at Balestier Road (opp. Shaw Plaza) Renovated 4 adjoining 2-storey shophouses ~3jl fronting Balestier Road and 2 adjoining 2-storey shophouses fronting Martaban Road I Site Area: 13,598 sq ft Commcrdal/Residential at plot ratio of 3 0 Feasible for redevelopment r I 100% tenanted with
      317 words
    • 111 12 BRAND NEW WAREHOUSE AT C HANOI SOUTH LANS FOR LEASE 3-storey warehouse with ancillary office Available space: Approx. 121,000 sq.ft (Sub-divisible) Clear Ceiling Height: 7.8 m Floor Loading: 20 KN/sq.m T.O.P. soon Excellent Corporate Image IEE Debenham 5 PRIME FACTORY FOR SALE Location Lok Yang vicinity Description Purpose-built JTC factory
      111 words

  • eNews
    • 471 13 LONDON ISFs stock, which had risen to 550p, foil to 356p on news no bid is imminent Reuters BRITAIN'S biggest Internet service provider Freeserve Pic said yesterday a takeover was off the cards for now after the collapse of talks with top
      Reuters  -  471 words
    • 245 13 FRANKFURT Reuters GERMAN industrial and technology group Siemens planned to spend US$l.5 billion (552.6 billion) in building up its mobile phone operations in Asia, with the aim of lifting its market share in the region to 15 per cent by 2002.
      Reuters  -  245 words
    • e Briefs
      • 31 13 Bloomberg (3A27TA CLARA, mnln plwywl rBtrh*^p versions of its Celeron processor for low-cost computers. previous week, Intel's fastest 600-megahertz Celerons with a TOOMHz Duron chip. Intel unveiled procMior on Siitjtuy.—Bloontey
        Bloomberg  -  31 words
      • 23 13 Bloomberg digital-picture business. Snspflsh piov ldi< flhw film (ktfftkyfatgand frinHny, online. Us other investors include Bell South Corp and
        Bloomberg  -  23 words
      • 83 13 Reuters [HONGKONG] Chinese-language Internet platform developer renren Media Ltd signed a memorandum of understanding (MOU) yesterday with 20th Century Foot International to set up a Web site for promoting Fox's movies in the Greater China region and Singapore. The deal paved the
        Reuters  -  83 words
      • 62 13 AFX-Asia ITOKYOj Sharp Corp will begin an online service to supply spare parts tor its own products t084,000 stores and companies worldwide, the Nihon Keizai Shimbun reported. It will spend some one billion yen (5116.6 million) to build the online service and hopes the
        AFX-Asia  -  62 words
      • 83 13 Bloomberg [TOKYO} Old Electric Induetry Co, a Japanese maker of have developed a chip that will allow mobile phone owners to customise their telephone's ring with piano, drum and other musical sounds. The new sounds may appeal to young Japanese, who already customise their
        Bloomberg  -  83 words
    • 539 13 Bloomberg Reuters [SANTA CLARA, California] Yahoo! Inc, the No 1 Web-navigation company, was poised to unveil late yesterday a new product for corporations that bundles services such as e-mail, calendars and news into their own intranet home-page portals. The product, dubbed Corporate Yahoo!, will
      Bloomberg; Reuters; REUTERS  -  539 words
    • 664 13 LONDON People could soon charge online shopping to phone bill instead of credit card Reuters IF you thought the likes of America Online and Yahoo! had the Internet portal industry pretty much sewn up, then Europe's mobile phone companies would urge you to think
      Reuters  -  664 words
    • 482 13 NEW YORK Application to be Net registrar not treated fairly, says Afternic.com NYT ALREADY low on cash and facing heavy criticism from international groups, the Internet's administrative body has been served with what is believed to be its first lawsuit challenging its work.
      NYT  -  482 words

  • EDITORIAL & opinion
    • 814 14  -  llltl Hi bottom line OPINION leon hadar The writer is BT's Washington correspondent WASHINGTON'S political pundits may disagree on many issues, but they ail seem to acknowledge that this year's presidential election campaign has been quite dulL Indeed, according to the latest
      814 words
    • 83 14 'We've got ketchup, they've got mustard.' -Brace BiMa ConAgra chief executive, after the second-largest US food company agreed to buy International Home Foods Incfor US$2.9 billion (Sss billion). 'I offered my services to Bangkokians but they did not elect me. It was their own -SuattkSudtktlu a candidate
      83 words
    • 626 14 EDITORIAL JAPANESE voters have only themselves to blame for the highly unsatisfactory outcome of Sunday's general election to the Lower House of Parliament The election has left the country under the governance of a makeshift coalition that lacks new ideas and is held together only by
      626 words
    • 855 14  -  EC plan for YAT rules on Web sales will have major impact on non-EU companies selling to EU consumers Byl Koh Soo How, Mark Houtzager Koh Soo How is associate director and Mark Houtzager is senior manager at PricewaterhouseCoopers Services Pte Ltd THE
      855 words
    • 921 14 EVs role in tragedy FIFTY-EIGHT illegal immigrants from Asia were found... asphyxiated in a truck in Dover, UK. This tragedy calls into question Europe's immigration policies; unable to propose more lenient immigration policies, Europe has undoubtedly played a key role leading to this death trap. Europe
      921 words

  • MALAYSIA news
    • 347 15  -  The longest ever interruption to-date pushed back start of trading to £30 pm From] Diana Oon Abdullah in Kuala Lumpur A SYSTEMS failure yesterday crippled the Kuala Lumpur Stock Exchange for the first half of the day, pushing back the
      AP  -  347 words
    • 182 15 KUALA LUMPUR Reuters MALAYSIA'S markets regulator Securities Commission said yesterday it will unveil new guidelines by the end of the week to reform the nation's corporate bond market. "The SC expects to issue its new guidelines on private debt securities (PDS), guidelines on
      Reuters  -  182 words
    • MARKET moves
      • 126 15 PHARMACEUTICAL group Apex Healthcare Bhd made a stunning debut yesterday, almost doubling its share price to close at RM2.84 yesterday. Despite a disruption on the Kuala Lumpur Stock Exchange (KLSE) trading system which led to a suspension of trading for the first half of the day,
        126 words
      • 138 15 SHARES of numbers forecaster Beijaya Sports To to (BToto) continued to tumble yesterday, hitting its lowest level in more than a year. The counter ended the day at RM5.95, off its low of RMS.BS, with more than 5.5 million shares traded. B-Toto also told the Kuala Lumpur Stock
        138 words
      • 75 15  -  Compiled by Diana Oon Abdullah Semiconductor manufacturers Unisem and MPI led the losers' scoreboard yesterday, with Unisem posting the day's biggest loss of RM1.25, to close at RM27.50 at the end of trading. Its competitor, MPI, was the second-big-gest loser for the day, ending 75 sen
        75 words
    • 350 15 KUALALUMPUR Bernama PUBLIC Bank Bhd (PBB) and Hock Hua Bank Bhd (HHB) yesterday entered into an agreement to merge their commercial banking businesses. Commerce International Merchant Bankers Bhd (CIMB) said in a statement that Public Bank has proposed to dispose of
      Bernama  -  350 words
    • 448 15 KUALA LUMPUR It is in HAA talks with several stockbroking parties AFX-Asia MALAYAN United Industries Bhd is working to become a universal broker under the Securities Commission-led merger programme and is in talks with several parties to merge or acquire new stockbroking businesses. Khet Kok Yin,
      AFX-Asia  -  448 words
    • 334 15  -  Company has yet to identify buyers for assets in plan to retire half its secured debt From Eddie Toh in Kuala Lumpur NALURI Bhd will only seU its 29 per cent stake in Malaysia Airlines as a last resort, said major shareholder
      334 words
    • 263 15 KUALA LUMPUR Bloomberg MALAYSIAN Resources Corp Bhd, owner of the nation's biggest newspaper publisher, plans to sell an office tower and a shopping mall for a total of RM275 million (S|l2S million), as it looks to repay debt The company, which also
      Bloomberg  -  263 words
    • 302 15 KUALA LUMPUR Bloomberg NIKKO Electronics Bhd, the world's biggest maker of radio-controlled toys, said it won a contract to make a digital audio player that can be used to download and replay music from the Internet The Malaysian-based company bagged the order to manufacture "Win
      Bloomberg  -  302 words
  • Page 15 Advertisements
    • 243 15 Rolex Oyster Perpetual Datefmt WIINBHH That's not all. Spend a minimum of $15 and you can start a Sure Win Passbook, which you can redeem for food vouchers worth up to $630. So say cheers to $20,000 worth of lucky draw prizes at the Lobby Lounge. See you there! Two
      243 words

  • Page 16 Advertisements
    • 130 16 ••ft; W- Rp 9^! «ra| a:<. t |]y Ai < j^Hßoha Exactly how did all those dot-coms make a name for themselves? In search of ail identity on the exploding Web, more than 22,000 e-businesses a day register a Web address with Network Solutions. Creating the structure that helps differentiate
      130 words

  • Page 17 Advertisements
    • 38 17 dot-coms the dot-orgs on its merger with VeriSign was ours. At $17 billion, it's the largest Internet merger to date. A new identity, a new economy. The same ambition, the same fervour. I work, for J«R Morgan. JPMorgan
      38 words

  • REGIONAL news
    • 526 18 BANGKOK Opposition MPs' plan to resign could force general election and derail growth Bloomberg AFP THE Thai government, facing a planned mass resignation by the biggest opposition party, said it will try to speed Parliament's passage of its next Budget
      Bloomberg; AFP  -  526 words
    • 347 18 JAKARTA He adds talk of replacing ministers were untrue AP Bloomberg INDONESIAN President Abdurrahman Wahid said yesterday that he had no intention of reshuffling his eight-month-old coalition Cabinet despite saying last week that he intended to fire several ministers who had been
      AP; Bloomberg  -  347 words
    • 225 18 MANILA Reuters THE Philippine central bank and the Philippine Deposit Insurance Corporation (PDIC) asked the Justice Department yesterday to look into filing Criminal charges against officers and staff of Urban Bank. I The medium-sized bank declared a bank holiday due to massive
      Reuters  -  225 words
    • 357 18 MANILA Rate on borrowings from banks lowered to spar private loans Bloomberg THE Philippine central bank cut the interest it pays on larger borrowings from commercial lenders in an effort to boost bank lending to private companies. Bangko Sentral ng Pilipinas said it
      Bloomberg  -  357 words
    • ASIA Notes
      • 114 18 Bloomberg [JAKARTA] FT Bank Negara Indonesia (BNI) said it expects to report a 1.4 trillion rupiah (***** million) loss this year owing to a delay in the bank's recapitalisation programme. The bsnk has been waiting for the government to complete the second half of a
        Bloomberg  -  114 words
      • 79 18 Bloomberg {JAKARTA] PT Bank Universal, the lending arm of Indonesia's biggest carmaker PT Astra International, said It expects profit erf between 25 billion rupiah (Sss million) and 30billion rupiah this year, after recording a loss in 1990. The bank has extended «S0 billion
        Bloomberg  -  79 words
      • 58 18 Bloomberg [SHANGHAI] Standard Chartered Pic (StanChart) is closing two outlets in China even as its competitors lobby hard to expand in the soonto-be liberalised market StanChart has applied to the People's Bank of China to cloee its branch in Haikou, in Hainan province, and
        Bloomberg  -  58 words
      • 73 18 Bloomberg [HONGKONG] Upscale clothing retailer Joyce Boutique Holdings Ltd rose as muah as 32.6 per cent after Wheelock A Co agreed to buy a majority stake in Joyce for HK$2O6 million (SKB million). Wheelock said it will buy 820 million new Joyce aharea at
        Bloomberg  -  73 words
      • 61 18 AFX-Asia [SHANGHAI] The government has formally launched its tertookigycreetkm fund, Vice-Minister of Science and Technology Deng Nan waa quoted as aaying by the China Reform Daily. The fund, which will have a total of one billion yuan (8*306 million) in capital during its first phase,
        AFX-Asia  -  61 words
      • 106 18 AFP [BEIJING] Chinese Premier Zhu Rongji is heading to Europe on a six-nation tour, flush from the success of the Sino-European Union (EU) World Trade Organisation (WTO) trade deal, although the tricky issue of illegal immigration haa also leapfrogged onto the agenda. The visit
        AFP  -  106 words
    • 189 18 JAKARTA Reuters INDONESIA has declared a civil emergency in the Moluccas, its fabled Spice Islands, following six days of clashes between Muslims and Christians, the national police chief said yesterday. "The civil emergency (in Moluccas) took effect since yesterday," General Rusdihardjo told reporters. "The situation
      Reuters; AFP  -  189 words
    • 300 18 HONGKONG Bloomberg CHINA Telecom (HK) Ltd (China Tel) is negotiating with parent China Mobile Communications Corp to buy seven mobUe phone networks to secure its market dominance ahead of China's entry into the World Trade Organisation (WTO). China Tel already owns
      Bloomberg  -  300 words
    • 518 20 BEIJING Chinese official says exchange rate regime has served China and her neighbours well Bloomberg Reuters THE International Monetary Fund (IMF) denied a report that it asked China to sever its currency's peg to the US dollar, a step that many analysts
      Bloomberg; Reuters  -  518 words
    • 361 20 HONGKONG Analysts see trend of falling property prices this year Bloomberg SUN Hung Kai Properties Ltd, Hongkong's second-larg-est real estate developer, priced 36 apartments in its suburban Villa Esplanada at a lower-than-expected average of HK53,347 (*****) a square foot. Prior to the
      Bloomberg  -  361 words
    • 490 20 BANGALORE AFP TRADE barriers, visa problems and cultural differences are proving stumbling blocks tap tii6 lull potential or European Union markets, industry officials say. IT leaders here are hoping that EU member states and India will be able to come up
      AFP  -  490 words
  • Page 18 Advertisements

  • Page 19 Advertisements
    • 152 19 1 a I \j m Service Provider Solutions See the world changing. Call Centre Solutions Barriers between data communications Conferencing Solutions and telephony torn IP Solutions Like the Berlin Wall Because the time for convergence is now. Train your eyes on this Keppel T&T Company. Affinity Focus on pushing information
      152 words

  • Page 20 Advertisements
    • 58 20 £HMi■-x' c -ffat*' I'fßifcr'i' «aj«w- p rfr»! ilui 'litlfl Vifawii schooling Does tbe newspaper you 136-9380 for SfetfjaatirAlMiwi^MliW^^l'* rrf"7l r ii^'" *fe leading esufeliift Auekkditeot links for you? 3sit HasMl Stf not, parhapft it's time yam considered tbe v V.' m&M k Financial TS«ea. pecause world business is your r
      58 words
    • 2 20 Jptfc- WP
      2 words

  • WORLD news
    • 274 21 Steak* Mia Ma Mill Hank, the group's stock has almost tripled!! Bloomberg [NEW YORK] Financier Carl Icahn isnt leaving empty-handed to his fourth attempt in five years to win control of Nabisco Group Holdings Corp. He stands to pocket at least
      Bloomberg  -  274 words
    • 453 21 NEW YORK Merger will create gigantic food company with revenue of USs3sb LAT-WP THE United States' largest cigarette maker, Philip Morris Cos, has agreed to acquire Nabisco Holdings Corp for US$lB.9 billion (5532.7 billion) and plans to combine it with its Kraft Foods
      LAT-WP  -  453 words
    • 270 21 DENVER He says polling votes from Gore leftists won't help Bosh AFP CONSUMER activist Ralph Nader on Sunday accepted the US Green Party's nomination to be its presidential candidate, a move that could pull some leftist votes from the Democrat Vice-President A
      AFP  -  270 words
    • 359 21 PARIS OECD says they may face sanctions if they fail to change AFP INDUSTRIAL countries yesterday published a list of 35 tax havens practising harmful tax competition and gave them a year to commit themselves to reform their tax
      AFP  -  359 words
    • 702 22 LONDON DNA sequencing could help drug developers find new treatments for diseases Bloomberg Reuters A COALITION of US and European researchers yesterday said they have completed a draft map of the human genetic code, giving scientists insight into possible treatments for cancer and other
      Bloomberg; Reuters; AFP  -  702 words
    • 670 22  -  Non-LDP-led coalition conM challenge unpopular PM Mori, say analysts Fromi Anthony Rowley in Tokyo BUOYED by the leap in his party's support in Sunday's parliamentary election, the head of the Democratic Party of Japan (DPJ), Yukio Hatoyama, yesterday raised the prospect
      670 words
    • WORLD Watch
      • 100 22 Bloomberg [SEOUL] DaimlerChrysler AG agreed to buy 10 per cent of Hyundai Motor Co, Korea's No 1 carmaker, for 480 billion won (*****.5 million) as the carmakers prepared to bid for Daewoo Motor Co, Korea's second-largest automaker. Their rivals for Daewoo are ajolntfaidby General
        Bloomberg  -  100 words
      • 94 22 Reuters [TOKYO] Japan's Securities and Exchange Surveillance Commission has asked brokerages to submit trading reports in an apparent inquiry into possihle insider trading linked to April's reshuffle of the Nikkei 228 average's components, Kyodo news agency said yesterday. Trading volume in almost all 30
        Reuters  -  94 words
      • 70 22 Reuters [LONDON] EMI Group Pic's planned merger with US-based Warner Music yesterday won the backing of the British music group's shareholders as rumours ofa RMT r.kalrrpan Rrfc Nicoli tokl the extraordinary meeting that proxy shareholders representing Just over 442 million shares had voted by more
        Reuters  -  70 words
      • 97 22 Bloomberg [NEW YORK] Morgan Btanley Dean Witter Co, the top-ranked merger adviser in the first quarter of this year, fell to the No 2 spot in the second quarter with US$l34 billion (*****.3 billion) of transactions, trailing Goldman Sachs Group Inc's US$2l6 billion.
        Bloomberg  -  97 words
      • 75 22 Bloomberg {ENGLEWOOD. Colorado] Liberty Media Group, AT&T Corp's television programming arm, agreed to gain control of UnitedGlobalCom Inc, a cable-TV provider outside the US, for US$3.4B billion <Ss6 billion). The purchase by Liberty, run by cable pioneer John Makme as a holding company, will
        Bloomberg  -  75 words
      • 45 22 AFP [FRANKFURT] Exploratory talks between Dresdner Bank and Commerzbank have taken a step closer to a merger, the Wall Street Journal Europe reported yesterday, quoting people familiar with the Commerzbank spokesman Dennis Philips declined to comment on the report. —AFP
        AFP  -  45 words
    • 456 22 LONDON FT THE US is the country that poses the biggest potential threat to the stability of the British financial system, according to a report from the Bank of England (BOE). The UK central bank's report, which will be published with the
      FT  -  456 words
    • 592 22 ROTTERDAM Odds are that the Dutch will meet the wtr Id champs in Sunday Reuters AT Euro 96 the Dutch had to take a masterclass In scoring from the English. At Euro 2000 they were handing out the lessons in attacking football to
      Reuters; EPA  -  592 words
    • 380 22 SYDNEY Reuters AUSTRALIA'S Sydney Futures Exchange (SFE) outlined plans yesterday to demutualise and list with a likely value of AII3O million (Ssl33 million) to AslsB million, more than AIIOO million below two blocked takeover bids last year. The proposal, which must be
      Reuters  -  380 words
  • Page 21 Advertisements
    • 2052 21 NOTICES Io ;i<l\l'rtist* tall lull-tin 1 ISOO-741 I SN3 I ;i\ No; "41 12*)<S h r u\ f o r i* l tr+'i r f{ 'W The Straits Times CLASSIFIED Where buyers and sellers meet Find the right set of wheels. Buy K. Sdl H. Find h. ■FTTTriI p- ?rt
      2,052 words


  • FINANCE & commodities
    • 237 23  -  SOX Derivatives Tradingfleporte MSCI Singapore Index Chan Yet San SINGAPORE stocks were directionless yesterday as investors worried about the US' rate-setting FOMC meeting starting today. The MSCI Singapore Index lost just 0.05 point to close at 269.64. Within the index, 9 stocks rose,
      237 words
    • 251 23  -  MSCI Taiwan Index Chan Yet San THE Taiwan stock market yesterday suffered its biggest point decline since May 24. The MSCI Taiwan Index lost 6.17 points or 1.62 per cent to close at 373.93 points. The volume traded was modest at
      251 words
    • 276 23 ENEMY REPORT Reuters [LONDON] Oil prices remained stubbornly high yesterday as dealers calculated the consequences of an explosion at Kuwait's biggest refinery and after Opec decided last week on only a modest output increase. The international benchmark Brent crude futures was up six US
      Reuters  -  276 words
    • 319 23 Reuters London THE yen initially gained across the board in early trading yesterday as Japan's ruling majority managed to retain a slim majority in elections over the weekend. But it then retreated amid talk of a downgrade of Japanese sovereign debt Leading rating agencies later played down those
      Reuters  -  319 words
    • Article, Illustration
      1092 23 DTTBEBAinL CROSS a ci >■> f» >» Htt v n m*>* *m t% tmi »> m liw m AmtrHto 0.881 4.917 0.436 4.169 1.243 4.617 26.456 ***** 049 6229 2292 1264 30.780 ***** 1227 4070 0.989 0258 ***** 0299 0513 CM* US* 1904 0722 47)9 1412 1243 30.043 JUM 0.703
      1,092 words
    • 1381 23 81 COM FUTURES Jun26 RMOEROttmscfectaf «*139i«) KS1 CONTRACTS cMti/kq) CIM* «*M ON* Maud) HI# \m fctt <tww> fcttwt MOO BL58 as »«2 Sep 00 tttsi <00 Oci/Dec 00 ***** ISS 3 CONTRACT (US c«ntt/l«) JM—» Mo** M# Uv Mi (HMD M«Ut jaioo 6W0 *00 *oo H5 A09 00 66.50 66JO
      1,381 words

  • STOCKS east asia
    • 2644 24 HONGKONG AFP QHaagSieog +***** HONGKONG share prices rose 1.5 per cent yesterday on selective bargain hunting following recent losses, dealers said. Patrick Yiu, Kingsway SW Securities research director, said however that some investors are reluctant to enter the market ahead of the
      AFP  -  2,644 words
    • 340 24 AFP □wp Intel .***** TAIWAN share prices closed 1.8 per cent lower yesterday amid strong selling of technology and electronics issues, dealers said. The Taiwan Stock Exchange Weighted Index fell 155.37 points to 8,529.56 with turnover of NT167.9 billion. Tech stocks were being sold down due to a lack
      AFP  -  340 words
    • Article, Illustration
      882 24 Reuters HflhihMßlilg +10 CHINA'S hard currency ended strongly up yesterday, aided by fresh capital inflows and domestic A shares which finished at closing highs. The Shenzhen B Share Index gained 1.77 per cent or 2.0 points, to 114.68 on higher turnover of HK593.39 million. The Shanghai B Share Index
      Reuters  -  882 words
    • 1739 24 TOKYO AFP □nkuas -37ia TOKYO share prices dipped 0.2 per cent yesterday as investors dumped hightech issues following a setback for the US Nasdaq index, brokers said. The key Nikkei 225 Index declined 37.81 points to end at 16,985.40, with investors largely ignoring Japan's
      AFP  -  1,739 words
  • Page 24 Advertisements
    • 51 24 M&MWTPamouo IPO. Shares. Bonds. Stocks. Annual Reports. I I 447,*****0 Sham i v~ .mm II I Whatever you're offering, we help you reach out II I to 86.7% of all adults In Singapore dally. j,, JP The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu Wi i>
      51 words

  • STOCKS klse
    • 372 25 AFP Q Composite Index -&38 MALAYSIAN share prices closed one per cent lower yesterday, following the market's closure in the morning due to a computer system faUure, dealers said. The Kuala Lumpur Stock Exchange Composite Index feU 8.38 points to finish at 803.87.
      AFP  -  372 words
    • 6611 25 CWMT pwiwh >000 Laat Vat My Nat Cap HN» L— Cia»l»y »a*a ■BOO M» t*« M W 420 3*> Ajmomoto 330 19.1 J4l» Hi 42 AnokMi >2 30 69 67 MA 670 290 IpoSoFood Hlq 404 -2 2 404 404 9.6 16L6 1390 SSraOc 30n -79 2060 3100 3050 19.4
      6,611 words
  • Page 25 Advertisements

  • SGX clob & regional stocks
    • 2217 26 BOKPS A WARRAMTS Jun 26 Wl Mi fmm/ U+n, ihm i-» m -r*5»r ft UB W*i ««r- r—> f» tmrn Utm Mm Mm (*l tan»I L* •o *J *S™»22glr~ S 05 30 g 1 rrl »o *3 uS 3 a *l "S 2S S 2 j 2 ,S 3?4 3
      2,217 words
    • 269 26 AFP Q Composite Index +12L61 SOUTH Korea's Composite Index yesterday closed up 12.61 points at 791.55. Volume was 284 million shares worth 2.3 trillion won. AFP JmU AiumS**) «200 300 BrakiTacti— *20 30 C«otrK B«nk >238 55 ChrtCMMK—— *****0 500 DmMM— 2TT5 10 Dttun(C«f_ **5 65 DwmC«| 190 9
      AFP  -  269 words
    • 263 26 AFP Q Composite Index -10.73 THE Philippine Stock Exchange Composite Index yesterday fell 10.73 points to 1,532.24 due to the weakening of the local currency and other negative economic developments. Turnover fell to 1.27 billion shares worth 628.78 million pesos. —AFP Jilt hw (HOI Abacus Construction 0.99 -0.01 0
      AFP  -  263 words
    • 259 26 AFP QnSE-40 +188 THE New Zealand share market closed up 0.1 per cent yesterday, with trading narrowly focused on a few key issues, dealers said. The benchmark NZSE-40 Capital Index finished up 2.86 points, or 0.1 per cent, at 2,015.74 on a turnover of NZ$63 million.—AFP jmH m mm
      AFP  -  259 words
    • 510 26 AFP yiAllOrfaartoi *10 AUSTRALIAN shares rose a barely perceptible 0.1 per cent amid light trading yesterday. A lacklustre industrial sector countered gains in the resources segment, brokers said. The All Ordinaries Index rose 2.0 points to 3,129 while the SP/ASX 200 ended 0.7 of a point higher at 3,177.8.
      AFP  -  510 words
    • Article, Illustration
      698 26 AFP OSETMw -158 THAI shares slipped 0.8 per cent yesterday amid concern over local political uncertainty and the direction of US interest rates. The Stock Exchange of Thailand (SET) Index closed down 2.58 points to 390.73 in rangebound trade. During the session, turnover totalled 917,765 lots worth 1.29 billion
      AFP  -  698 words
    • Article, Illustration
      695 26 AFP yi Composite Into +4J6 INDONESIAN share prices closed up 0.9 per cent yesterday but not before some late profit-taking set in ahead of the US Federal Reserve meeting to set US interest rates, dealers said. The Jakarta Stock Exchange Composite Index closed up 4.36 points at 507.51 points,
      AFP  -  695 words
  • Page 26 Advertisements

  • 7013 27 SOX MADfBOARD Transaction date: Jun 26 Or Or m m i a jh t <£ Tt a m n mt MM tn* -t MM «T I 43 11 >i» *01 >1 c Aiunct 'Kh 299 MJ 33 21 26 4ST u J S2rtSSUriI==;» »J IWU m 14 »wn
    7,013 words
  • Page 27 Advertisements
    • 121 27 With the share trade settlement period reduced, you can still maximize your trading power. Citibank Equity Investment Account your stocks even after the 3-day settlement period. And in addition to our Why let a shorter trade settlement period reduce your trading opportunities competitive financing, you'll also be earning daily interest
      121 words

  • ARTS festival
    • Article, Illustration
      658 28  -  Chunky Move's quirky take on Little Red Riding Hood and its energetic techno-ridden piece leave fzojcxa yap yearning for more FELICIA YAP IN an arts festival characterised by experimental acts, funky little Chunky Move was just as daring. Avant-garde, energy-packed and very unconventional, this Australian contemporary dance group certainly
      JAMBS JACKSON CROUCHER/ST  -  658 words
    • 399 28  -  Music fashion show Mnsique Defile jars with its dissonant music, insipid clothes By Parvathi Nayar Musique Defile, a music fashion show for the end of a century by Nouvel Ensemble Moderne (NEM) Canada's first permanent chamber orchestra devoted to a contemporary repertoire attempted to marry fashion
      FILE PHOTO  -  399 words
  • Page 28 Advertisements
    • 58 28 T tt -m y 'Sr« f i More people are reading. According to an independent survey readership of SPH s daily newspapers increased in 1999 over the previous year Bv 5 in total readership for the English and Chinese dailies, and 6 8 for the Malay daily. Proving that Singaporeans
      58 words

  • Page 29 Advertisements
    • 302 29 Where to wine, dine and entertain by: IntemationaT .Definitely the first card in the world h. r Select from our extensive a U carte buffet menu i featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: £23 (Adult), 40% discount (Child) Dinner: £26 (Adult), 40% discount (Child) I For reservations,
      302 words
    • 45 29 r Ww rrcsn oysccn, oacctsuNC "GPHHIE lobsters, sivoury hoocyfbsd J hMB,U^ Pn«KM>of I Beef and many more mouth- Hk" watering dishes to lewe ywl spoil for choke. Lunch: 12 nooa 2.30pm Dinner 630pm 10.00pm Reservations: R3l-6271/M •«•»< mnm^~^ 113 Orturrf ItoMl S»<»ynw 23Mb/ m 4411 fSTroaxi
      45 words
  • Page 29 Miscellaneous
    • 911 29 vr»rai> i M iiiMnfcim-Ti-iri t 4.00 Outward Bound. 118 Because You Love Me. ILOO The World Tonight. Centrol Blossom: Sex, Lies And OJO The Valiant One. 1130 I —Watch on Banking. MO AM Kids Central: The Teenagers. 12.00 MN Headlines. Big Comfy Couch. a.OO Jack Hanna's Animal 9P**o 12.02 AM
      911 words
    • 259 29 CRYPTIC CROSSWORD ACROSS 5 Loud quarrel with son produces 5 reon- 6 P*» used in tea-chests (4) 7 Blood donation as benefit lor 9 ad athle,e S 8 paradoxically (7) 10 13 Oogto^goinQinlocinner. 11 kBBPin9 811 tele 12 Athlete's mistake down under? 18 Constable, for example ,on point W is
      259 words

  • KNOWLEDGE economy
    • 970 30  -  Apart from professional expertise, they are seen as being reliable, trustworthy, highly efficient and very strong at executing policies, says headhunter By' Tan Su Yen Reflecting the rise of a knowledge economy that knows no borders, Singapore expatriates have themselves become highly sought after overseas,
      FILE PHOTO  -  970 words
    • 995 30  -  Expert knowledge is now too narrow. Atom Smith would be nnimiginahle today By 1 Michael Prowse FT WHEN I consider the intellectual virtuosity of the human race, I experience two conflicting emotions. I feel a sense of awe that we're such a
      FT  -  995 words
  • Page 30 Advertisements
    • 152 30 Bangalore IT.COM 2000 will help you experience the future of IT through its Last year's tremendous success Conferences that touch upon for the Future ■USS 55 million worth of business Entrepreneurship and Venture Capital Funding ■IT for the Common Man. transacted Over 40,000 business visitors Over 250 companies participated. And
      152 words

  • SHIPPING TIMES
    • 258 31 JmH m V- w CWT attribution O60 unch 32 ChuanHap 040 0.01 5482 Cosco Investment—0-20 -Ool 45 FrrtjM LMu— 0-22 unch 168 G6HoMngs 0.62 unch 0 MC HeMkigi-HK 5.60 unch 0 Jay* HoMngs 0.W 0.01 405 KeppelCorp 3.92 -AN 2105 KappelFtLS LOT -0.01 40 Kappal Marine 150 -0.05
      258 words
    • 544 31  -  Human gmnggiing the fastest growing wimiwtl business in the world: UN official By I Donald Urquhart [SINGAPORE] Ports around the world are stepping up high-tech anti-smuggling operations to deal with the growing problem of human smuggling. In the wake of the
      544 words
    • 356 31 Port State Control detention of HK registered ships feU to 10 in '99 Xinhua [HONGKONG] Hongkong has obtained a record gross shipping register tonnage of 9.107 million by May this year, a senior marine official said. "This puts us within reach of the
      Xinhua  -  356 words
    • KUANTAN port
      • 660 32 Malaysian east coast port is to be developed under a two-year plan by Kuantan Port Consortium, the port operator MBT [KUALA LUMPUR] THE Malaysian east coast port of Kuantan is to be developed under a twoyear plan to expand its berthing capacity. Kuantan Port Consortium,
        MBT; FILE PHOTO  -  660 words
    • 166 32 PACE OHmas 4 MX 6 <H*Uord 8 ANL 3 Dongnama 3 i Accord 8 E tr M 6 Appenship 5 Austral 8 ECU Line BtUji Shoo 5 Ew,ree 6 Foooq Sun 6 G Link 4 ST- Centra* 6 Hjndi 7 •CHA s COSCO 5 Heung-A 4 Hyundai
      166 words
    • 17635 39 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA AdvartMar Vtu« Voyaga TB»Bt*>ono ETA ETA Advtrtiiaf V«M* Voyag. Tataphona WDrt'liNw. Hot* b f SIW 0^ n xl K m To BRISBANE (BNE) 2058 Australia To ABIDJAN (ABJ) 2003 Cott D'lvolr* os/o? aw Han*. patsy n sos *5-32*0215 05/07 B/00 C0SC0 EMPRESS SEA
      17,635 words
    • SHIPS IN PORT
      • 686 43 Vmd »oy No Bgt> Arrival Poportoro JwMfNrt kohmi moo jot 24/04/740 24/04/2000 M Mtrafei MOO M 24/04/K45 24/04/2000 C Smtmt 23-Jw JOT 24/06/0:40 24/04/2000 KiM B2 J02 24/04/0:45 34/04/2000 M» 1 SOSOO J03 26/06/8J0 27/01/2000 Urwurw HOST J02 24/04/8J0 24/04/2000 CkM* COOOU J02 24/04/9:45 24/04/2000 SMMJiri2 04/00J J04
        686 words
      • 1810 43 ■octtH/Mitt Kitts SW» vor Wo Etwitr Nrtoi fnm To Frew na mhua out ziitat a an anst arm a am mm mm a am mm mam J M-Jtf JVMOC 4 ihk mm arm *aH»acirt c*o» rm-oc am artM tvrm U 2VI7 2MW H/OM a OAT IV0*H .'t.U*OC J
        1,810 words
      • 169 43 Ml Hong Kong: HK Special Administrative Region Establishment Day. MM France: Bastille Day. MIB Brunei: HM The Sultan's Birthday. Jain Thailand: Buddhist Lent Day. MM Japan: Marine Day. Aagt Singapore: National Day. Thailand: HM The Queen's Birthday. Aaglß Germany: Assumption Day. Korea: Liberation Day. Amgrr Indonesia.: Independence Day.
        169 words
      • 738 43 THIS report, compiled by Cockett Marine Ofl Ltd. allows price rangas In US dollars Instead of single prices kr a nors OMOgl eheustvs deeci Iptlon of tlw market Prices shown are baaed an averageaiasd stent Market movements art Indicated. Ilia Cockett Bunkar Price Index ctaaas and
        738 words
      • 386 43 Caftn MO Ma 990.5 8.7 W Ml 70 045 i— •wftv Mar liilin Art JUaaMaa MM No*awE2S 0 0 1 0 0 =2 mum *5J OJ XL* 0X1 MO42 tZm 310 Ha 9914 OS W 0J» 0.05 MflTI »»A »H*I >WI a«M« loiwtg 4 0 0
        386 words
    • AIR & LAND transport
      • 442 44 Airline to be called Qantas New Zealand; move may lead to fall takeover Bloomberg [AUCKLAND] Qantas Airways Ltd, Australia's largest airline, said it formed an alliance with New Zealand's Tasman Pacific Airlines Ltd to better tap its second-largest passenger market, a move that
        Bloomberg; FILE PHOTO  -  442 words
      • 255 44 AFP [CHICAGO] United Airlines said it would challenge a federal court ruling that found it discriminated against women flight attendants by requiring them to be slimmer than their male counterparts. The Ninth US Circuit Court of Appeals in San Francisco ruled last
        AFP  -  255 words
      • 356 44  -  Global market for service parts logistics valued at USsl6.7b By. Ann Toh [SINGAPORE] UPS Logistics, a subsidiary of United Parcel Service Inc, is focusing its strategy on growing its service parts logistics business to capture a share of the US$l6.7 billion (5528.7
        356 words
      • 186 44 Bloomberg [SHANGHAI] China Eastern Airlines Corp, the country's third-biggest airline, plans to lease up to five A 340 airplanes and may take options to buy them from Airbus Industrie to fly long-haul routes to Europe and Australia. Details of the leasing agreement,
        Bloomberg  -  186 words
      • 68 44 [ATHENS] A small plane takes off after making the first landing on the runway of Athens'new international airport scheduled to open next year in the suburb ofSpata, about 15 kilometres north-east of the capital. The test runs were part ofoperations to coordinate/light control
        AP  -  68 words
      • 1521 44 -iaai iI^I illl Irtw yam tut mow »a IHIhhiiIii HOOQ 0635 Hatfrt TM07 S40 TMM 1640 mm $0347 OM $0340 2195 RtCMiktrtT «u. VnSOM on ******0 1410 Sic 2045 «25 *r?54 810 V." SOVW173 2005 SOVWI74 152C Mr* GH48 0910 j, 1 Af2S5 2H0 SR186 1605
        1,521 words
      • 282 44 Flotation, scheduled for later this year, to value freight airline at £500 m [LONDON] Cargolux, the Luxembourg based freight airline, Is preparing a stockmarket debut which would value the company at an estimated £500 million (511.3 billion). According to the Daily Telegraph, the
        282 words
  • Page 31 Advertisements
    • 131 31 Hie freight market report has been dropped on space 4'i .l k Introducing smartbunkers.com f\ The first independent site that really allows you m to manage your bunker requirements on-line. I Established by experienced bunker and shipping m professionals to combine innovation with hands-on understanding of the industry. I a
      131 words
    • 8 31 KHaRtaR port set for RMl6Om boost, Pago 2
      8 words

  • Page 32 Advertisements
    • 700 32 QUiF KARACHUXPROS fOIOQ 1 ~1 rasa wr L«. sm hum I rasa m mh mm liwt ma md cm kuw m OOCLOIUKMM 45W522 97/04 2S/0* 27/ M WO MBUOTO OAUCCAI Oil l*/0* 10/ M 110/ M M/ 0* 11/* 2*/0* M/M 01/07 OOaKWTDM 05W523 14/ M 02/07 04/07 NT«VK«O Mi
      700 words
    • 692 32 lines services represented by Members of (he Registry of »Membenoflhe ISSZI Accredited Shipping Agents, JSr Sin9a P° fa Sfngapore Shipping Association Association v 4 SI LILY LMI M AiJB <* VESS& VOY ETA Ett nA P. KLANG SPOKi MALI Princess Lily VQ4OO 26/06 27/06 05/07 jj£j |j| Empms Lily VO6OO
      692 words

  • Page 33 Advertisements
    • 1039 33 SAX SERVKi (DIRECT) \vkxb voy sua u» mt mi hou <x ax mb> «n mtc tfITOURMAIfff 0351 21/06 13/07 10/07 10/07 10/07 10/07 10/07 10/07 19/07 19/07 rn.ua 0211 ~~K/W~ 20/07 25/07 ~H/07~ 25/07 25/07 ~***** 25/07 20/07 10/07 AfIGABCT 021E 12/07 27/07 01/00 01/00 01/00 01/00 01/00 01/00 02/00
      1,039 words
    • 1976 33 HANJIN SHIPPING Ik PI 40 ilkMpilN -Mb *****30 HAHJIH SWffWG ff) HI ITP I*://— MR I0(W6 *****35-737 SALB *****24 730 DOCUKW *****71 774 OPtmiMS 737C*****1 MAM UK: *****5S EAXS34IMS 0100:11 S*****000N TO NW USA A CANADA USA CANADA* HX VSL/VOY lAN S* IMHAUL/VOT S£A HW 00) PDK 01 MSP PIT
      1,976 words

  • Page 34 Advertisements
    • 1405 34 MR-SENATOR LINES TO UK/CONTINENT i TO MKIJff IUKKANEANrtCANADA ocna 1 wrr m if* 1 ktm ahb ham wv fu vcssa m en tn fos vie ww TUMI Wlf MM MM 7317 MJ7 a.17 *1.«7 M.« 7 WASMBMTON SSIATM MM 21N M MJ7 MJ7 BJ7 817 pugwash saw Ton mzw hi?
      1,405 words
    • 874 34 m. Am MAC-MELS SPORE M'SIA Carrier: MM COMTR LINES, INC p ouoang: <&) *****2® l~lv/Y~ J MMtHMMM SIBU: (084)*****9 MAMLA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA: (31) *****11 P.KELANQ:(tp)36BM77 JKtt (21) *****48 KUCMNQ (082) *****1-3 MANILA KEELUNG MV "JUTHA SARUNPAK" V.2N MV "KOTA HADIAH" V.HIAO7I ETA
      874 words
    • 656 34 EXPRESS CONTAINER FEEDER FOR N.SHEVA (CFS MUUMO. HUMBMCOLOMK) ALSO ACCEPTING TO Ml NORTHERN AM WESTERN 1.C.0. POINTS VMM) S PORE N SHEVA COLOMBO P.KLAW CAPf CANAVERAL V.I2SW JUL 11 JUL 11 JUL »JUL TULSIDAS V 127 M JUL 18 JUL 22 JUL 21 JUL CAPE CREUS V IBM* 11 JUL
      656 words

  • Page 35 Advertisements
    • 1640 35 Ivissa. VOY HKO KHH SIN PKL PXi tA DAM UK MAN BAAKERI PCL-160 23/06 25/06 30/06 01/07 09/07 10/07 12/07 14/07 IRAN HCSABI PCL-161 30/06 02/07 07/07 OS/07 16/07 17/07 19/07 21/07 IRAN SHAHRYAR PCI-162 07/07 09/07 14/07 15/07 23/07 24/07 26/07 20/07 IRAN HORMOZGAN PCI-163 14/07 16/07 21/07 22/07
      1,640 words
    • 1114 35 NEW SIKYKI *1 tjr MKCCT TO COLOMBO I IN 5 DAYS I lYirr WIDMISMT J I GENERA! AGENTS IN SINGAPORE: MROMfSONRS HL 226 1900 FAX; *****0® OUTWARD (l/U "^SoSMT^OHOMOfFIar 11 COSTAR SNIPPING PTE LTD *12-00 SAUS/BKGS *****57/43 INWARD KM (D/O> *****85 COSTAR AGENCIES (M) SDN BHD CRNO| **********0 M SINGAPORE
      1,114 words
    • 859 35 EUROPE EXPRESS SERVICE < EXPORT IMPORT m tmßfimmm CT AM Pltowloi/oo 10/00 20/00 21/00 22/00 23/00 24/00 N)WTTHBNI 0101 13/07 1 15/07 1 7/07 20/07 >0/11 Kant camob nxtw.n mwt via ma a «wf via m TRANSPACIFIC SERVICE EXPORT IMPONT vissa Iwt sw lgo oak "on* cmccks *■> sm ygsa
      859 words

  • Page 36 Advertisements
    • 586 36 EXPOBT vtssa/vorAGE l» Im lit !n» I m 1 ami* Iwv tptwriiw-014 "w L DEVELOP <W-012 oi/07 27/07 24/07 31/07 01/ DI (B/W L6EMBALW-071 IS/07 04/01 00/00 10/00 11/00 12/00 ALSO ACOPTMG CAKO TO AND EWMfc- HNLAND, DENMAM. SWBB4, RUSSU ANOtWAY EXPONT vissa/vovage |sgp |oo hm |ob |mu |mm fiw
      586 words
    • 348 36 A«AKAHPWrSIANIAP/iWIHUIOO»IWWT«aMq MPOtT VESSEL VOYAGI SGP CM DUD JDA AMDMNIAN DNNXV YD HE 0179W 3M* 11/07 15/07UNASPRE 0414-023* 03/07 07/07 12/07 13/07 14/07 UNANG& 0131-Oft* 04/07 0»/07 14/07 14/07 17*714/07 SOW HE OIS2W 07/07 lt/07 l»/07 21/07 IN AJtOOfT 042M21W 10/07 15/07 20/07 20/07 22/07 UM PEVKT 0132-003W 11/B7 IS/B7 21/07
      348 words
    • 881 36 ADVANCE CONTAINER UNES (PTE) LTD TEL: *****21. FAX: *****19. TELEX :RS ***** ACLPL Cfl NO. *****M0000E pp» ■OOOWt MAW OUi MIMM KIM ft MMMWM 14»13H1-S> JAKARTA (7 t.m.,!/*!. vtssa. vor aw hoc vtssa. vot i w jkt MAWN[B»J] uai 28/6 *4d 1/7 Sd SNARftAIAMmTCI 052 28/6 V*d 1/7 Sat SHSAMLfT
      881 words
    • 352 36 sa trok mangah now m-a otpoft cot* rrow Mna TEL *****11 (6 Itnw) RAX: *****05 TIX RS ***** CR NO. **********0W maoukwa nnm vmnm vmnm no. imam ■MUM 07/ MOO 2MMM 2MI/ZM PONTIANM MAOUKWA *****0 CflflM OM7/2600 PMIMMMGm MUM SEABPACE SHIPPING (8) PTE LTD 133 New Bridge Road *09-08 Wmrwu/WTI
      352 words

  • Page 37 Advertisements
    • 390 37 i BSA x ymm MYANMA \HBk FIVE STAR LINE (Mynaor Notioaol Um) Looding for Yii)ti VESSH VOT SIN P*L PW PGU BAWUMTME WW su> saaarm aw w/o; BALATSIA AGENTS: MUSTEAD SMffING AGENQES ML m (03)*****00 P*L m (03)37*4101 PBfc TH (04) *****02 PGU: TH (07) *****21/4 BANK LINE (A itrvki
      390 words
    • 1315 37 HYUNDAI MERCHANT MARINE CO., LTD. IVBSE VOT faT SOU UH UN I ANT I NAB IMV [VESSH I VOT I SOU I1»I MB I ANT I NAB IMVI SM I MTDUH 32SW 24/04 14/07 12/07 13/07 15/07 NOICORAI 014E 04/04 10/ M 04/04 04/04 27/04 U S4IW 24/04 17/07 22/07
      1,315 words
    • 623 37 v&v WALLENIUS WILHELMSEN TO NORTH AND UTM AMERICA RORO HEAVYUFT SIRVKE* Ivissa VOY I RAMP HBGHT SIN IK MAO |MIA SAV OAI ORf NYC |KW| MM TAMPA AMU 4001 m AJM "WOT" 04/00 17/01 20/01 22/00 WOTHTOT 27/05 3T76T 05/00 TALABOT AMOIS 4001 m UM 24/07 25/08 02/04 05/04 07/04
      623 words

  • Page 38 Advertisements
    • 884 38 UmOKOK/MAP TA PHUT/LARM CHANAMO JAKAWTA/PAMJAWQ mm YQT 1 SI I m Mir I LCH 1 Mt I I vfSL -MJnk* im Hfi Mk QI/Q7 M/M H.g B J,\ -n^7— 1 ■...Mi... i7nn u a* ni /n? UIUnUM Liu 118 SUM S maihum IfllS Mk Mk J2ZQZ mi> tXUM 502N 78/06
      884 words
    • 358 38 INDONESIA NATIONAL LINE TO AUSTRALIA FULL COKPUKER SERVICE va ww m m m m sip 1 m. m USUGAI IS D/HO/H »/04 05/07 #7/07 10/07 h—immw "ST s/m m/m i/w ii/w ii/w ~ti/w wiworr "»T iWN/v n/w u/w n/07 n/v viawMP 10/07n/«7 ti/w n/»7 »/»7| (a/»7|FEEDER SERVICE TO INDONESIA wi
      358 words
    • 537 38 I VESSELS VOY 3N PKL I JB3 I MLA LEH HTM HAM ZEE SOT V-LEDEMMIOSA V3BW 28*16 29/06 07/07 11/07 16*77 17/07 19/07 21/07 22*17 I VLLE OE TANYA T3BW 03/07 04/07 13/07 17/07 23/07 24/07 28*77 28*77 29/07 I VtLLEBCTAUftUS BW 16W 11 Aft SB~ WW ~ji/6r7 toXA MA
      537 words



  • Page 41 Advertisements
    • 46 41 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 EAST'MALAYSIA M'fDLEEAST/ PORTS «.fc. ASIA service DETAILS Pg 8 Pg 7 (Barwil)
      46 words


  • Page 43 Miscellaneous
    • 126 43 wt REGIONAL WEATHiR HKFOR7AM27JUN 200^^HHHp» WsSBWCT b I Singapore Thunderstorm A Showers /0\ Rain Temperature C~S wind direction and speed In knots Day WM,h( C symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j_J *1 2m I One hall Heche represents 5 knots
      126 words