The Business Times, 14 July 2000

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Microfilm: NL21887
Total Pages: 54
1 54 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 THE BUSINESS TIMES MITA(P) 035/12/1999 85$ SINGAPORE FRIDAY, JULY 14, 2000 Internoi: http://busir,ess-times.asial.com.sg/
    13 words
  • Article
    Lock icon MARKET SUMMARY
    76 1 sn 2,***** (-28.36) BT-SBI ***** (-2.20) sr index nmjiEs 2078*00 (-24.00) ansa nmiEEs 275.40 (-2.50) STOCK HABKET INDICES TTiureday Change KLSE COMP 860.77 +1.43 NIKKEI 228 17,036*0 -805.23 HANG SENG 17,449.50 -I02.7® SET INDEX 320.45 -148 JAKARTA COUP 505.92 -6.07 MANILA OOMP +6*6 TAIPEI WPI 8,207.66 +207*1 SEOUL
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  • Article
    Lock icon FINANCE
    74 1 FOREX BATES uss s$ USS 1.741 £(US$/S$ per 1£06 2.620 EURO(US$/SS/E) 0942 1.640 DM 2.077 0.838 YEN 1081 1.609 RM 3JOO 0.468 HKS 7.796 0.223 BAHT 40.01 0.044 RUPIAH 9.435 0.018 'Sttoieounta Aferap of 10 buks. "Host ODtraJ Rank discount rates PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 •JAKARTA
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  • Article, Illustration
    Lock icon DBS Land/Pidemco backed by about $3 per share
    1060 1  -  Other merger details not given as interim results are due soon, says Ed Ng Marissa Chew [SINGAPORE] DBS Land chief executive Ed Ng yesterday came out in defence of the company being tightlipped about the revalued net asset value (RNAV) used to
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  • Article, Illustration
    Lock icon Insurance companies face shakeup in their sales force
    973 1  -  Agents have to decide if they want to stay with one insurer or go independent Byi Genevieve Cua [SINGAPORE] Major insurance companies here, long reliant on a tied agent system as the bedrock of their sales, may soon face a shakeup in
    FILE PHOTO  -  973 words
  • Article
    Lock icon SGX takes steps to fight last-minute index rigging
    504 1  -  New measures to take effect from Aug 21 By R Sivanithy [SINGAPORE] Partly in response to public calls for tighter controls, the Singapore Exchange (SGX) will introduce new measures from Aug 21 that will make it difficult to manipulate stock prices just
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      Lock icon Page 1 Advertisements Column 1
      212 1 msn>E Exec Lifestyle Big money on the small screen. EL 1 Top Stories Law firms rushing to forge tie-ups. Next Page Gus Dur would like to dump IMF: adviser. Next Page V- -*v >•' s f A ;.'J "Vj BT Comment Crucial for BOJ to leave rates alone. Pg4 Ill
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      63 1 Get a jump on the latest corporate results ITs the corporate reporting season again. ST Engineering and SembCorp Marine will start the ball rolling today when they release their financial results for the six months ended June 30,2000. BTs online edition will carry the major corporate results as soon as
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Laugh your way to the bank?
        73 2 A NORMALLY astute observer of business trends sent us this e-mail. "Have you noticed the latest strategy for marketing unit trusts and money management? Citibank used clowns around Scotts Road/Orchard Road. Standard Chartered has strangely-dressed characters with tall hats wandering around Raffles Place, with
        73 words
      • Article
        Lock icon Golin/Harris gobbles up Forrest
        76 2 YET another local firm, Forrest International, has been acquired by a global group. The buyer is Golin/Harris International, one of the 15 largest public relations firms in the world. Forrest was founded by Anne Forrest in 1993. It has about 30 staff, and has offices in
        76 words
      • Article
        Lock icon Left holding the baby
        78 2 PUBLIC relations and marketing can be quite different. One PR manager for a foreign bank complained yesterday that much of her work was trying to get the marketing people in the bank to explain in plain language what was so special about their latest products. And
        78 words
      • Article
        Lock icon Hanging on all the way
        110 2 SO you think having big stores from overseas will raise the service level in Singapore? Think again. One contact was on her way out of the office recently when she thought of calling Borders bookstore about a particular novel. A salesgirl told her to hang
        110 words
    • Article
      Lock icon Law firms rushing to forge tie-ups
      817 2  -  Tomorrow is deadline for first batch of joint ventures with foreign firms By* Conrad Raj [SINGAPORE] Singapore's top law practices are scurrying to form partnerships with foreign firms as tomorrow's deadline for the first batch of joint ventures looms. The deadline has already been
      817 words
    • Article
      Lock icon Gus Dur would prefer foregoing aid from IMF, says adviser
      725 2  -  Bat there's no alternative funding source right now By' Yang Razali Kassim [SINGAPORE] Given half a chance, Indonesia's marketfriendly but often confounding President Abdurrahman Wahid would forego aid from the International Monetary Fund (IMF). Speaking to The Business Times here
      725 words
    • Article, Illustration
      Lock icon Flextech CEO goes for the unconventional
      740 2  -  PEOPLE He wants to make Flextech a billion-dollar firm in 2-3 years'time By Corinne Kerk [SINGAPORE] "I don't think I want to send my child to the best school," declares Tang Pen San of his four-year-old boy. "He should go to an average school,
      SIEW YAW HOONG  -  740 words
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      123 2 Wanted for a company recently established in Singapore in collaboration with a US Telecom company with extensive software and hardware capabilities and development units located in India. We are seeking a senior professional with at least 10 years telecommunication experience in this region, should have held a managerial position. The
      123 words
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      11 2 No economic direction but Gus Dur not to blame, Pg 14
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      108 3 Martina .c u Hingis' choice 'ii£r^v^ v v r.j\jrAi. Jm> r t .;Sll "t 4 msM&mUKKK. m „jHKnHER9 r j -Vi-/'• --Miit'ifi w^nintfirH^iwiniWWlWrnlißn^^H^Bltwr '(Tr fK in :^^^^BBBIHI fI jm m iff! v ml J m j jllm jjf K f JJ jMj m 1 It jV jmjm m it, jM
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  • SINGAPORE companies
    • Article
      Lock icon MSCI studying changes to its indices
      610 4  -  Decision could move billions ont of Asian bourses From < Quak Hiang Whai in Hongkong MORGAN Stanley Capital International Inc (MSCI) is studying possible changes to its way of compiling indices, and a decision on such a move could potentially move billions of dollars
      610 words
    • Article
      Lock icon Analysts expect few H1 earnings surprises
      874 4  -  Bat disappointing results will invite knee-jerk reactions By Ven Sreenivasan THE first half corporate results will not produce many surprises for the stockmarket, though they may cause knee-jerk reactions if the results turn out lower than expected, according to analysts BT polled last week.
      874 words
    • Article, Illustration
      Lock icon Ngiams to loosen control of IPC
      517 4  -  By David Boey IPC Corp chairman Patrick Ngiam said yesterday his family plans to loosen its control of the company in the next two years, once professional managers are brought in to run it. In an interview shortly after an extraordinary general meeting, at
      FILE PHOTO  -  517 words
    • Article
      Lock icon Expiring Keppel TatLee wrts could scorch punters
      372 4  -  I-II exclusive Byi Siow Li Sen TALK about diehard punters. Today is the last day of trading for the Keppel Tat Lee Bank warrant 2000 that expires on July 21. Yesterday, more than four million of these warrants changed hands before the counter
      372 words
    • Article
      Lock icon Crucial for BOJ to leave rates alone
      1073 4  -  locksiew anthony rowley WILL July 17 prove to be "Black Monday" in the Tokyo stock market? It could if the Bank of Japan's Policy Board, meeting on that day, decides to go ahead with a muchrumoured decision to end the central bank's 17-month-old
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    • Article
      Lock icon Stratech expected to offer 66.8m shares
      411 7  -  Price: $1-1 JO per share; IPO launch expected on July 25 By. Andrew Wee MAINBOARD BOUND Stra tegic Technologies (Stratech) is expected to launch its initial public offer on July 25, according to analysts who attended the company's roadshow yesterday. Stratech, a developer of
      411 words
    • Article
      Lock icon Fastech to double output to 1.4b units
      399 7 Bloomberg FASTECH Synergy Irtd, a Philippines-based semiconductor component maker, said it would double its production to 1.4 billion units at the end of the year from the 1999 level to meet growing demand for its parts. Orders are increasing from both new and
      Bloomberg  -  399 words
    • COMPANYBriefs
      • Article
        Lock icon ST Engg share option scheme hits snag
        100 7 AFX-Asia MINORITY shareholders of ST Engineering have opposed the company's proposal to make non-executive directors of the company eligible for its stock option scheme. A spokesperson for ST Engg said the company received approval from 68 per cent of the shareholders present at
        AFX-Asia  -  100 words
      • Article
        Lock icon North 22 IPO 30.7 times subscribed
        47 7 HONGKONG-BASED North 22 Technology Services Group's public offer was 30.7 times subscribed at its close yesterday. North 22 is listing on the Singapore mainboard and will be traded in US dollars. The issue raised net proceeds of US$l3.3 million (Ss23 million).
        47 words
      • Article
        Lock icon MRT to unveil offer details on Monday
        60 7 Bloomberg SMRT Ltd, Singapore's commuter railway, will unveil details of its initial share sale on Monday. Temasek Holdings, a government investment arm that owns the subway operator, aims to sell about a third of the company for $250 million in a share sale
        Bloomberg  -  60 words
      • Article
        Lock icon Corrections & clarifications
        36 7 Corrections clarifications IN our July 11 report "iSoftel gets green light for SGX listing", Kevin Chia, who is chief executive officer of iSoftel Ltd, was incorrectly indentified as Kevin Chua. We are sorry for the error.
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    • Article, Illustration
      Lock icon New Wave rides on 2 technologies
      315 7  -  Sesdaq-bonnd firm looks to digital signal processing and LonWorks By Andrew Wee SESDAQ-BOUND New Wave Technologies Ltd (NWT) is expanding beyond its core electronic component distribution business to provide solutions for intelligent buildings. NWT sees two technologies driving its new business digital signal processing
      SIEW YAW HOONG  -  315 words
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      63 4 Results off tender ffor taxable book-entry Government Bond 2000 due 15 Apr 2002 to be issued on 17 Jul 2000 Tenor approx. 2 years Amount Offered Allotted *****,000,000 Amount Applied *****,932,000 Interest/Coupon Rate 2.875% p.a. Average Yield Price on Allotment 3.15% p.a. and 100.249% Cut-off Yield and Price 3.16% p.a.
      63 words
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  • PIDEMCO-DBSL merger
    • Article, Illustration
      Lock icon DBS Land's chief is excited by the dynamism of his job
      447 5  -  Merged entity expected to appoint a COO, residential and commercial heads By Andrea Tan "INTERESTING, exciting." said Ed Ng of his new role as president and group chief executive officer of DBS Land. "Every morning, I wake up and
      CHRIS LOH  -  447 words
    • Article
      Lock icon DBS Land addresses shareholders' merger concerns
      212 5 ON the very same day DBS Land said it would merge with Pidemco Land, the listed property group set up a page on frequently asked questions (FAQ) at its website to address concerns its minority shareholders could have. Its website at www.dbsland.com answers 14
      212 words
    • Article
      Lock icon Case for KepLand merger with DBS Land, Pidemco
      655 5  -  Eifcomment There's no point duplicating efforts and resources whether at home or abroad. kalpana rashiwala WITH Pidemco and DBS Land having finally announced their widely-expected decision to merge to create a behemoth property GLC (government-1 inked company), the question on many market
      655 words
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      Lock icon Page 5 Advertisements Column 1
      129 5 f This announcement appears as a matter of record only July 2000 2 2 NORTH 22 TECHNOLOGY SERVICES GROUP LIMITED (Incorporated in Bermuda on 24 January 2000) Invitation in respect of 125,000,000 new ordinary shares of US$O.Ol each comprising:(1) 30,000,000 Offer Shares at 550.205 each comprising: (a) 17,500,000 Offer Shares
      129 words
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      753 5 NORTH 22 TECHNOLOGY SERVICES GROUP LIMITED (Incorporated in Bermuda on 24 January 2000) Invitation in respect of 125,000,000 new ordinary shares of US$O.Ol each comprising:(1) 30,000,000 Offer Shares at 550.205 each comprising: (a) 17,500,000 Offer Shares by way of public offer; and (b) 12,500,000 Reserved Shares reserved for employees, business
      753 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Profit-taking drags STI below 2,100-point level
      535 6  -  I-I I comment STOCKS r.sivanithy THE high volume and sharp rise in stock prices of the previous few trading sessions proved too tempting for local market players yesterday, as waves of selling brought prices down cross-the-board. Large-cap electronic issues were hardest hit, helping to
      535 words
    • Article, Illustration
      Lock icon Koh Bros' wrt: premium, gearing in its favour
      182 6  -  WARRANT WATCH By R Sivanithy A QUICK glance at the price chart for Koh Brothers' shares indicates some confusion on the part of the market there doesn't seem to be clear direction at the moment. What we're probably seeing is a fundamentally
      182 words
    • Article, Illustration
      Lock icon IPC has visible support at 21-22¢
      260 6  -  HOT STOCK Ry Wong Wei Kong SHARES of IPC Corp fell yesterday with the stock finishing among the session's most active issues. IPC shares closed 2.5 cents down or 9.8 per cent at 23 cents. The stock opened at 26.5 cents and hit a
      260 words
    • Article
      Lock icon Market Notices
      127 6 ♦LION Asiapac said its wholly-owned unit Aarau Investment has invested another US$3OO,OOO (*****,200) in its associated company Taizhou Mount-Channel Machinery. With this, the company's stake in Taizhou amounts to US$6OO,OOO, which remains at 30 per cent equity participation. ♦LEE Kim Tah Holdings announced that its wholly owned subsidiary
      127 words
    • Article
      Lock icon Yen falls through 108 after Sogo debacle
      406 6 AFP [TOKYO] The yen fell against the US dollar in Asian trading yesterday with investors unnerved by a debacle surrounding the collapse of troubled Japanese department store chain Sogo Co, dealers said. Around 0900 GMT, the yen was quoted at 108.14 to the
      AFP  -  406 words
    • Article
      Lock icon Untitled
      520 6 Stock# Volume JadasoMc 155,786.000 PNE Ind 10c 46,033,000 MediaRinglOc 29,736,000 Achieva 5c 28,463,000 TTInt 15c 26,785,000 DBS Land 23,945,000 Vickers Capital 25c 19,808,000 AirOcean 5c 16,940,000 Econ Intt 20c 16,577,000 Fastech US 10c 16,109,000 Stock* DBS Land 60,928,760 Jadasonlc 45,049,745 PacificCentury 43,656,500 SPH 28,904,451 Chart Semiconductor 26c 28,302,623 QES Intt
      520 words
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      42 6 This announcement appears as a matter of record only. SAVU INVESTMENTS LTD (Incorporated in the Republic of Singapore on Bth January, 1987) SGD 300,000,000 Secured Medium Term Note Programme Arranger and Dealer HSBC<X> The Hongkong and Shanghai Banking Corporation Limited July 2000
      42 words
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      49 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EIGHT. important All applications for units in eight must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units and the income from them may fall as well as hse >I< >| tSBANK
      49 words
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      Lock icon Page 6 Advertisements Column 3
      21 6 Lost pet Try finding it at Classification 821 (Found) of The Straits Times Classified. CATA Buy K. Sell It. Find K.
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      101 7 J •1 W \h iJI MHk M ML W ;9P H mm J 1 v ir V fc 4 V<.. v a^^m**rzm. The OSIM Pro-Therapist is the* modern way to gain fast relief from backaches. Simply select Therapy Mode and then feel the pulsating qg^ massage and soothe away your
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  • SINGAPORE news
    • Article
      Lock icon SCI calls for CPF restoration to be delayed to April
      348 8  -  Business body cautions against reading too much into strong first-half economic results Byi Audrey Tan A DAY after workers were told they could expect a two-point partial restoration in the contribution to the Central Provident Fund in January next year,
      348 words
    • Article
      Lock icon Cisco Systems to build StarHub's new IP-network
      356 8 STARHUB, Singapore's new info-communications provider, yesterday said it would use Cisco Systems' equipment to build Singapore's first intelligent new-genera-tion broadband data network based on Internet Protocol (IP). Peter Kaliaropoulos, StarHub senior vice-president for commercial operations, said his company's contract with Cisco was worth
      356 words
    • Article
      Lock icon S'pore's IP protection up to WTO standards
      290 8 THE legal protection Singapore provides to intellectual property (IP) has lived up to the standards set by the World Trade Organization (WTO). WTO members on June 29 found Singapore's intellectual property rights-related legislation compliant with WTO's Agreement on TradeRelated Aspects of Intellectual Property,
      290 words
    • Article, Illustration
      Lock icon Emirates marks decade with friendly golf
      88 8 STEPHEN Chu, Emirates Airlines manager for Singapore and Brunei, teeing off. Looking on are (from left) Goh Chee Wee, managing director of NTUC Comfort, NTUC Fair Price chairman Chandra Das and Dr Lee Suan Yew of SY Lee Clinic. The award-winning airlines yesterday hosted
      88 words
    • Article
      Lock icon Intellectual property search portal launched
      416 8  -  SnrflP offers one stop custom searching fiy] Daniel Buenas INTELLECTUAL Property of Singapore (IPOS), a department of the Ministry of Law, announced yesterday the pilot launch of its on-line search service. Called SurflP, and accessible online at www.surfip.com, IPOS hopes to see some 100,000 site
      416 words
    • Article, Illustration
      Lock icon Sims Residences Phase 2 launch tomorrow
      333 8  -  By] David Boey MCL Land will launch Phase 2 of Sims Residences, a 99-year leasehold project near Paya Lebar MRT station, at an average price of $520 psf tomorrow. The mainboard-listed property arm of the Cycle Carriage group said yesterday that the 80 units
      333 words
    • Article, Illustration
      Lock icon CPF default rate up slightly to 0.77% in Q1
      284 8  -  3 on the economy liquidity By I Serena Ng THE number of employers who defaulted on their payments to the Central Provident Fund stayed low in the first quarter of this year, a sign of improving liquidity among businesses as the
      Source: CPF Guard  -  284 words
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      16 8 Xv^^S^QfcE^^BDE^BEß^Q^ttQQiSßl |^«S«SSSS^^S>u!BSBSS!yBSM?»!I |^^w^ggrg£o^ K today®*** plianhe Zaohan "Banana economy" boosted Taiwan's take-off, officials recall a«t»: amett
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  • MAIL bag
    • Article, Illustration
      Lock icon MAS explains boutique fund rules
      535 9  -  Toh Yong Chuan Assistant Director (Corporate Communications) Monetary Authority of Singapore Via Internet IN "Confusing rules handicap boutique fund managers" (BT, July 5), Catherine Ong claimed that the Monetary Authority of Singapore's (MAS) rules governing boutique fund managers are complicated and bewildering. The Exempt Investment
      535 words
    • Article
      Lock icon Are bank financial planners qualified?
      131 9  -  Ling Daw Ching Daniel Singapore Via Internet LATELY, there has been a proliferation of personalised financial planning advice services offered by banks in Singapore. I have a few questions for them. Who are the bank staff who dispense this advice? What aire their qualifications and
      131 words
    • Article, Illustration
      Lock icon Award two types of scholarships
      167 9  -  Goh Teik Cheng Singapore Via Internet GIVEN the diversity of views from bond-breakers, who view scholarships as trophies, and to those who criticise them on moral grounds, I have the following suggestions for future awarding of scholarships that may solve this issue. Award two types
      FILE PHOTO  -  167 words
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      69 9 We welcome letters. E-mail us at btletterQsph. com. sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and
      69 words
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      363 9 Introducing the Seven New Wonders Commetzbank of the World Global Sector Index Funds ■BM Commnbtrik Gtotal Global Transportation J JL Commerzbonk Global Erwrgy&RtsourctslndtxFund^^ Investing has often been described as an art, where success hinges on deciding just what to buy and when. Beat the market, as the maxim goes. But
      363 words
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  • eNews
    • Article
      Lock icon Pru of US to open online stock trading unit
      479 10 TOKYO It will open for business in November and mainly target rich individuals Bloomberg PRUDENTIAL Insurance Co of America said its Japanese securities arm will open an online stock trading business in November, tapping into a stream of money moving into
      Bloomberg  -  479 words
    • Article, Illustration
      Lock icon Wrangle over online music
      87 10 AFP [WASHINGTON] Drummer Lars Ulrich of the band Metallica testifying before the US Senate Judiciary Committee on music on the Internet on Tuesday as Roger McGuinn (centre) of the band The Byrds and Hank Berry (right), chief executive ofNapster, look on. He told the committee that
      AFP  -  87 words
    • Article
      Lock icon CSFB files suit over Yahoo! message board
      325 10 NEW YORK U people post bogus images, gludtr analyst, it alleges Reuters CREDIT Suisse First Boston filed a lawsuit on Wednesday alleging that 11 people posted bogus messages on a Yahoo! Inc message board slandering a Credit Suisse analyst and illegally copying the
      Reuters  -  325 words
    • Article
      Lock icon The boss is a cretin? Let off steam on a 'whinge' site
      675 10 LONDON Bloomberg REMEMBER how the World Wide Web was supposed to be about digital communities communicating instantly, ushering in a new age of prosperity and democracy? Think again. At the moment, the Internet is all about spitting bile
      Bloomberg  -  675 words
    • Article
      Lock icon FBI Net wiretap system raises concerns of privacy advocates
      546 10 WASHINGTON AFP THE FBI has acknowledged using a program to intercept e-mail traffic to find criminals, a disclosure that has raised the hackles of privacy advocates and civil libertarians who fear it could lead to broad electronic snooping on US citizens.
      AFP  -  546 words
    • Article
      Lock icon LetsBuyIt postpones IPO on Neuer Markt
      595 11 FRANKFURT Exchange 39% off its Feb high; firm hopes for listing next week AP SWEDISH online retailer Letsßuylt.Com has pulled out of its initial public offering on Germany's Neuer Markt for the second time in a month, the latest victim of tougher times for
      AP  -  595 words
    • Article
      Lock icon Hackers unlock secrets of Mexican fund scandal
      252 11 MEXICO CITY AFP HACKERS have accessed a partial list of beneficiaries of a US$65 billion (Ssll3 billion) bank rescue fund that formed one of Mexico's biggest financial scandals, the opposition party that hired the experts announced on Wednesday. The cyber-pirates managed to crack
      AFP  -  252 words
    • eBriefs
      • Article
        Lock icon German nod for Hutchison alliance
        63 11 FT [LONDONI German regulators have approved a pan-European mobile phone alliance between Hutchison Whampoa, KPN and NTT DoCoMo despite fears that it will dramatically reduce the proceeds from third generation licence auctions. The trio intends to bid jointly in Germany through a complex arrangement which
        FT  -  63 words
      • Article
        Lock icon AOL expanding into S America
        48 11 Reuters [MEXICO CITY] US Internet giant America Online Inc plans to launch services in eight South American nations over the next 12 months and aims to reach 98 per cent of the region's Internet users by the end of2ool, company officials said. Reuters
        Reuters  -  48 words
      • Article
        Lock icon Windows version for new Intel chip
        53 11 AP [SEATTLE] Microsoft and Intel have created a version of the Windbws operating system that runs on the next generation of Intel microprocessors. On Wednesday, at a conference in Orlando, Florida. Microsoft chairman Bill Gates announced a preview version of Windows for Intel's 64-bit
        AP  -  53 words
      • Article
        Lock icon Psion in C$544m acquisition
        43 11 Bloomberg [LONDON] Psion pic, Europe's largest maker of palmtop computers, said it agreed to buy Teklogix International Inc, a Canadian maker of software and wireless communications equipment, for C 5544 million (***** million) to expand in mobile Internet. Bloomberg
        Bloomberg  -  43 words
    • Article
      Lock icon Orange to introduce a range of new services
      375 11 LONDON Group to launch £300 m cyber investment fond to help new tech firms Reuters ORANGE, the British mobile phone group owned by France Telecom, yesterday unveiled new investments, acquisitions, partnership and content deals to "humanise" the Internet and build a range
      Reuters  -  375 words
    • Article, Illustration
      Lock icon Indian computer boom
      62 11 [NEW DELHI] An Indian woman checks out software programmes at a computer dealer in New Delhi on Wednesday. President of India's Manufacturers' Association of Information Technology (MAIT), Hemant Bharat Ram, announced that India's market for computers grew by 37 per cent to 1.4 million units in the
      AFP  -  62 words
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      1584 10 Head Office Georgsplatz 1, D-***** Hannover, Germany NvKU/ UJ Tel; < 0511 361 0 Fax; < 0511 361 2720 norddeutsche landesbank Singapore Branch 6 Shenton Way #16-08 DBS Building Tower 2, Singapore *****9 GIROZENTRALE Tel: *****23 Fax: 323 0223 CONSOLIDATED BALANCE SHEET 31-12-99 31-12-98 ASSETS TEUR TEUR Cash Reserve Cash
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      563 11 SONY. Reborn with 3.3 Mega Pixels IKm II Vfilfl 'fl H «T tj^H f WXM ILaJ I LJ «J iJ jH E; V jH HIII Digital Cimiri /EFG/l PDCELS ">-f^'c"- 10x Precision Digital Zoom 3.3 Mega Pixels Super HAD CCD (5x Optical Zoom for optimal performance) Program At The Sony
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Capitalism's jewel can't stay a charity
      806 12  -  BSTTT^ I bottom line OPINION robert samuelson The Washington Post Writers Group CAPITALISM is many things, but charity it isn't If s about profits, not philanthropy. Here lies the puzzling contradiction of the Internet If s the jewel of modern capitalism, even though it
      The Washington Post Writers Group  -  806 words
    • Article
      Lock icon IN OTHER WORDS
      56 12 'After independence, it's our biggest achievement' -Atif Aknad Bangladeshi student, on the country being admitted to the ranks of world Test cricket nations. They have never had a chance to use good textbooks.' Charnwit Kasedfri a lecturer at Thailand's Thammasat University, on the school system which allows
      56 words
    • Article
      Lock icon Top pay for clean government
      641 12 EDITORIAL WHATEVER the misgivings and criticisms of the latest pay rises for ministers and top civil servants, one argument sweeps them aside best: It is better to pay a minister a million dollars a year than to have him bilk the people for far greater
      641 words
    • Article, Illustration
      Lock icon E-commerce triggers new market dynamics
      1097 12  -  It is challenging established ideas about how global demand can be anticipated and met By Gobee Ramanujalu The writer is deputy head of Singapore affairs, Association of Chartered Certified Accountants. This is the second of a two-part article; part one appeared on Tuesday TWO senior
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    • Article, Illustration
      Lock icon Ease of sacking workers has its ugly flip side
      835 12  -  COMMENTARY By Robert Levine The writer is an economist and defence analyst He contributed this comment to the International Herald Tribune "AN intriguing aspect of the recent wave of productivity acceleration is that US businesses and workers appear to have benefited
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  • MALAYSIA news
    • Article
      Lock icon Sapura to exchange debt for cash, stake in Time dotCom
      467 13  -  Deal with Khazanah to give it 5% once listing takes place hYom Diana Oon Abdullah in Kuala Lumpur LOCAL telco group Sapura yesterday said it has signed a deal with Khazanah Nasional to exchange debt owed to it by Time
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    • MARKET moves
      • Article
        Lock icon Till death do us spend
        86 13 K&N Kenanga has valued NV Multi Corp, which will be the only listed Malaysian company involved in burial services, at RMB per share a hefty premium to its listing price of RM3.30 per share. In the report entitled Till death do us spend, analyst Seow
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        Lock icon Amcorp may speed up asset sales
        68 13 ARAB-MALAYSIAN Corporation hit a high of RM3.74 before closing at RM3.48 yesterday, a rise of four sen despite its auditor's doubts over its ability to remain as a going concern. Some investors felt that its financial woes will force the company to speed up
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        Lock icon Telekom unfazed
        80 13  -  Compiled by Eddie Toh TELEKOM Malaysia closed unchanged at RM13.20 despite a newspaper report that NTT of Japan may not be keen to be its strategic partner through the purchase of a substantial stake in the national telco. In the meantime, the market has also been abuzz with
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      Lock icon Renong, L&G still trying to unload properties
      391 13  -  Prolink aborts land deal; L&G to default on part of bond From Eddie Toh in Kuala Lumpur TWO major Malaysian companies with substantial property landbanks Renong Bhd and Land General have hit snags despite the nascent recovery in the property market. Renong yesterday
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      Lock icon Daim's nephew set to take over ailing Idris Hydraulic
      254 13  -  Company will also undergo debt restructuring From Eddie Toh in Kuala Lumpur ANNUAR Senawi, the nephew of Malaysian Finance Minister Daim Zainuddin, will take over ailing Idris Hydraulic. which yesterday said it would undergo a debt restructuring exercise. In a statement
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      103 13 > Ma,n Showroom: Pan-West Tee To Green, 59 Jalan Pe.nimpin. #01-03 L Y Building. Tel 354 0328 '(MFwfi Outlet#: Green Fairways, Former Bukit Timah Race Course. 60 Fairways Drive. Tel 466 7803 [i l# tan Scotts, Shaw House. Tel 735 0513 Paragon Shopping Centre, #04-20/23. Tel 735 1891 JF £WP
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      272 13 p Start your job search early. Read BmM H I i«. I II This large acreage has to be seen! Located in the beautiful sunny green Horton Valley, ranging from deep, rich black basalt H I river flats to open and gently undulating country, slowly rising to a base of
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  • REGIONAL news
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      Lock icon Vietnam gives green light for trade deal with US
      542 14 HANOI Milestone pact could be signed today in Washington, say Viet govt sources Reuters VIETNAM'S Trade Minister Vu Khoan has been given the go-ahead to sign a landmark trade pact with the United States, government officials said yesterday. The Vietnamese officials,
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    • Article
      Lock icon One term as president is enough, says Gus Dur
      273 14 JAKARTA AFP PRESIDENT Abdurrahman Wahid yesterday ruled out running for a second term as leader of troubled Indonesia, the world's fourth largest nation, CNN reported. "There are sounds that I should continue for another term, But for me, one term is
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      Lock icon No economic direction but Gus Dur not to blame: aide
      650 14  -  Problem is ministers could not get act together, he says Yang Razali Kassim [SINGAPORE) "Economic direction? No direction," shot back an economic adviser to President Abdurrahman Wahid in an interview. But while Faisal Basri tried to be as frank as
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    • NOTEBòk
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        Lock icon Stock-rigging probe head replaced
        62 14 Bloomberg [MANILA] The Philippines Securities and Exchange Commission replaced its top investigator after she questioned key evidence in a probe of BW Resources Corp, a move that clears the way for the SEC to file its first insider-trading charges in its 64-year history. SEC lawyer Eligio
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      • Article
        Lock icon 'Frozen' banks probe handed to A-G
        57 14 AFX-Asia [JAKARTA] Coordinating Minister for Economy, Finance and Industry Kwik Kian Gie said the Indonesian Bank Restructuring Agency (IBRA) has handed over to the Attorney General's Office four "frozen" private banks for further investigation. The four private banks are Bank Orient, Bank Central Dagang,
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    • Article
      Lock icon AcrossAsia may sell part of Indonesian unit to Hutchison
      295 15 HONGKONG Across Asia, Lippo's tech unit, closed 19% up on its GEM debnt yesterday Bloomberg HUTCHISON Whampoa Ltd may buy a stake in an Indonesian mobile phone network now under construction, said the network's owner Across Asia Multimedia Ltd, whose shares
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    • ASIANotes
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        Lock icon China Unicom soars on Beijing order
        64 15 Reuters [HONGKONG] Shares in No 2 mainland telecoms group China Unicom (Hong Kong) Ltd soared here yesterday after the Beijing government ordered the military to hand over its cellular networks to China Unicorn's parent firm, China United Telecommunications Corp. China Unicom shares were up
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        Lock icon Shenzhen airport stake for Hutchison?
        83 15 Bloomberg [SHENZHEN] Shenzhen Airport Co, China's fourth biggest airport, said it may sell a stake to Hutchison Whampoa Ltd to help finance an increase in government pension payments. The airport has been in talks with Hutchison, Hongkong's largest diversified company, to sell part of its
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      Lock icon China e-commerce firm plans Nasdaq listing
      398 15 SHANGHAI Digital, largest host of Internet websites in Taiwan, will also list on Nasdaq Reuters, Bloomberg CHINESE e-commerce firm 8848.net (China) Co Ltd said yesterday it plans to list on the US Nasdaq market, the latest in a line of Chinese Internet companies planning
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      Lock icon Taiwan to allow share buybacks
      410 15 TAIPEI Move may help companies arrest share price declines in falling market; SFC to guard against fraud, insider trading Bloomberg TAIWAN'S securities regulator yesterday unveiled draft regulations that would allow Taiwan companies to buy back their own shares, a move that might help companies curb
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      112 14 IjjL A Sometimes we introduce new stocks. Occasionally, new Stock markets. In a joint venture* with the Pacific Exchange, a bold company named Archipelago is revolutionising the way stocks are traded. m jj^f I Bnifer Wittmaii (investment banking) m 'subject to the approval of the U.S. Securities and Exchange Commission
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      58 15 11 lftl ®ImV»V f HViVmVIH Ikl V Ml MVAVa They relied on the expertise of J.R Morgan as a strategic partner in the creation of this visionary exchange. A new approach, a new standard. The same resolve, the same fervour. I work for J.R Morgan* \\^K t t 11 X
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      3098 16 I NOTICES METALOCK (SINGAPORE) LIMITED ANO SUBSKMARY COMPANIES (lacarparatad ia tfee Rapablic af Sia«apara) Notice of additional resolutions that are intended to be moved at the Annual General Meeting NOTICE IS HEREBY GIVEN, in pursuance of the Requisitions dated 6th July 2000 lodged at the registered office of the Company
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      909 16 NOTICE IS HEREBY GIVEN that I, CHUA CHENG POH of Blk 334, Clementi Avenue 2 *06-54 Singapore *****4, have applied for a Public House First Class (Extended) Licence in respect of iM/s NEXUS KARAOKE PUB located at 79Tanjong Pagar Road, Singapore *****0, and that this application will be considered by
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  • WORLD news
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      Lock icon Sogo collapse rocks Tokyo stock, currency markets
      536 17 TOKYO Sogo S'pore hasn't received advice on latest development from Japan THE collapse of department store chain Sogo Co Ltd jolted Japan's markets yesterday, knocking down stocks and the yen as credit fears resurfaced in an economy scarred by recession and haunted by
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      Lock icon Aussie growth could hit 5% this year: forecaster
      571 17  -  But interest rates could rise and slow growth next year From Surinder Singh in Sydney BUSINESS pessimism has been overdone and growth in the Australian economy could run as high as 5 per cent during the current calendar year, according to global
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      Lock icon Sogo's failure fuels fears over credit risks
      455 17 TOKYO Analysts say a rate hike will hit the banking and construction sectors hardest Reuters INVESTORS, shaken by the bankruptcy of Japanese department store Sogo, could become even more nervous over credit risk if the Bank of Japan parts with its zero interest
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      Lock icon Diamonds are forever but not De Beers' hold on the market
      670 18  -  Cartel can no longer support prices, so it wants to be supplier of choice From Neil Behrmann in Ixmdon DE BEERS Centenary, the diamond cartel, is finally admitting that it cannot control the global US$B billion (Ssl4 billion) rough
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      Lock icon More financial crises inevitable, says Greenspan
      442 18 NEW YORK Now a good time to strengthen global financial system Reuters FEDERAL Reserve chairman Alan Greenspan said on Wednesday that because another financial crisis was inevitable down the road, now was a good time to bolster the global financial system's lines of defence.
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      Lock icon US-China trade bill in peril: supporters
      260 18 WASHINGTON Reuters SUPPORTERS of a landmark China trade bill warned on Wednesday that the pact was in peril after top Republicans said a critical US Senate vote likely would be put off until September or later. The White House refused to give up the
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      Lock icon WorldCom, Sprint call off merger
      492 19 NEW YORK They faced major opposition from regulators in US, Europe AP WORLDCOM and Sprint agreed yesterday to call off their planned US$l29 billion (*****.5 billion) telecommunications merger in the face of extreme opposition from regulators in the United States and Europe. In a statement,
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      Lock icon JP Morgan's 2nd-qtr profits up 7.5%
      240 19 NEW YORK Bloomberg JP Morgan Co's secondquarter earnings unexpectedly rose 7.5 per cent, led by a surge in profit from the bank's trading and investments. Net income at the fifthlargest US bank rose to US$542 million (***** million), or US$2.9O a share, from US$5O4
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      Lock icon Deutsche Borse board split over merger
      257 19 LONDON 7 members said to oppose Nasdaq's dominance of proposed iX market FT FRESH divisions emerged on Wednesday on the board of Deutsche Borse over its proposed merger with the London Stock Exchange. They came amid growing fears in Germany about the threat to
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      Lock icon Young CEOs switch jobs quickly: survey
      315 19 NEW YORK Reuter IT seems that young CEOs lack the stamina of their older counterparts. While younger chief executives have gained more acceptance in recent years, they vacate their posts more quickly and more frequently than their more senior contemporaries, according to a survey.
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    • Article
      Lock icon Motorola scores record earnings, sales
      296 19 AUSTIN, Texas Sales rise to USs9b, earnings jump to USsslsm NYT MOTOROLA Inc delivered solid sales and earnings growth on Wednesday, reporting record sales of U559.26 billion (Ssl6 billion), up 22 per cent, and record earnings before special items. The communications equipment company reported stronger
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      83 17 t TECHNOLOGY SERVICES GROUP I |i ii\ ii jrWtm- M B&lMk !;I i j i m M k 1 j! i fe II j Sal' I ||j j j I H g- k' •Jl K I %JT JK i I SIi%V-1- 1!19?0ail I I I :f i ttJßi I [-jw&a
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      95 18 www.hyuiKtai-motor.com) I <D 2002 m woauicur The People's People Carrier The new Hyundai Trajet IKIm K K «BMiHP^BP Ws*.w I i j^t^L Hyundai proudly presents the perfect MPV for the whole family. Qnpi CL Hyundai's strive for excellence is shown by its spacious interior as well as ■KlyM its added
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  • WORLDWatch
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      Lock icon US import prices up 0.8% in June
      65 19 Bloomberg [WASHINGTON] The price of imported goods rose in June, led almost exclusively by a jump in oil costs, government figures showed. The index of imported prices increased 0.8 per cent last month, after rising 0.3 per cent in May, the Labor Department
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      Lock icon Euro zone growth rises 0.9% in Q1
      41 19 AFP [BRUSSELS] The euro zone's first-quarter GDP rose 0.9 per cent from the previous quarter and was up 3.4 per cent over the previous year, the European Union's statistics office Eurostat said yesterday. —AFP
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    • Article
      Lock icon Pillsbury-General Mills merger talks
      67 19 Bloomberg [LONDON] Diageo, the largest liquor company, said it is in talks to merge its Pillsbury food unit with General Mills, the No 2 US cereals maker. The two companies are discussing a US$ll billion (5119.1 billion) stock swap that would leave Diageo with a minority
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      Lock icon Vivendi cuts unit's IPO price
      84 19 Bloomberg [PARIS] Vivendi, which agreed last month to buy Seagram Co for US$29 billion (5550.5 billion), cut the price of the stock it's selling in its utility unit by about 10 per cent and delayed the share sale a second time amid lacklustre demand. It
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      393 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NIPPON STEEL LSI SINGAPORE PTE. LTD. (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ot the members of the abovenamed Company duly convened and held at 6-3 Otemachi, 2-chome Chiyoda-Ku. Tokyo 100-71.
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      9 19 a delirious every Monday in The New Paper Feetede.
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      88 19 flmana Refrigerator Freezers EZESSnSEM 22 CU ft 620 litres Built-in, Side-by-side Ice'N Water™ Dispensing Refrigerator, Black with Stainless Steel door wraps and Solid Stainless Steel handles 9EGttidj|j B ''■'♦"'.MB ■HHHPBR|HB Hi B 1 I- J 1 |mL WmvL ■£aßßec3fHß9| ■p 'ilium 11l I aocX'ancos are <*sp>iayed «typ<ca> Kitcfw settings in-house
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      546 20 I U^krV ITy i I |tojml L jr j jlfc J jj| a r I Bfe<: r The PokAmon favor is heading for Singapore in tt* cute and tort lofimori creatures, the ANA with the ANA great fl£ welcomes the ANA Pokemon Jet! Decorated with when you fly with us!
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  • FINANCE & commodities
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      Lock icon STI futures suffer biggest one-day drop
      309 21  -  SGX Derivatives TradingReports ST Index/MSCISTpore Index Chan Yet San Refco Singapore SINGAPORE stocks closed lower yesterday due to profit taking. The Straits Times Index lost 28.36 points or 1.34 per cent to 2,085.01. Within the index, 9 counters advanced, 43 declined and 3 remained
      309 words
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      Lock icon Futures up 2.5% as stocks make comeback
      239 21  -  MSCI Taiwan Index Chan Yet San Refco Singapore TAIWAN stocks made a strong comeback yesterday as gains in the Nasdaq overnight lifted technology stocks. The MSCI Taiwan Index rose 7.76 points or 2.16 per cent to 367.32 points. Trading volume within the index
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    • Article
      Lock icon Oil prices beyond US$30 again
      182 21 ENERGY REPORT Reuters [LONDON] Oil prices climbed above US$3O a barrel yesterday as Opec vaciUated over the timing of a Saudibacked plan to increase production to ease consumer concerns over sky-high fuel costs. London benchmark Brent crude futures for August delivery rose to as high
      Reuters  -  182 words
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      Lock icon CURRENCY REPORT
      327 21 Reuters London THE yen rose in early trade yesterday, gaining one per cent against the US dollar and 2 per cent against the euro, as dealers reassessed the implications of Japan's second largest-bankruptcy ever. The yen had initially dropped against the US dollar as the collapse of department
      Reuters  -  327 words
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      Lock icon Untitled
      1200 21 HTBRBAMMCmOSS RATES AS C$ n* E*o FTt Pfli HKS tadtateH* Y- WW m m$Nfcb Pwo S$ »Wd Sir lff$ teW N-d US} Australia 0.875 4.907 0.629 4.118 1228 4.608 26.425 55.770 0.640 6.573 2.246 1278 30.912 26.419 1029 4.046 0.978 ***** ***** 0393 0.591 Canada U43 5.607 0.717 4.706 1.403
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      Lock icon Untitled
      1914 21 SICOM FUTURES Jul 13 RUBBER (futures dosing as at 5.30pm) RSS 1 CONTRACTU cwtj/lw») Close Vofcne OpM Month Hkjh Low Sett (tows) Interest Auq 00 H2.50 S«p 00 116.75 400 Oct 00 118.00 Nov 00 118.75 RSS 3 CONTRACT (US cmts/kQ) Voteree OpM Month High Low Sett (tonnes) Interest Auq
      1,914 words
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      198 22 g .~jj rfjF' I X he all new Toyota Previa is what a 21st century New Generation Automatic Transaxle. Optitron type of Multi-Purpose Vehicle (MPV) is about. From outside to display has been adopted for the combination meters inside, the new Previa features cutting-edge for better visibility and an added
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  • STOCKS east asia
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      Lock icon HSBC helps cap falls as profit-taking sets in
      2866 23 HONGKONG AFP C 3 Hang Seng -102.76 SHARE prices in Hongkong closed 0.6 per cent lower yesterday as investors took profit, but falls were capped by gains in HSBC Holdings following its strong performance in London trading overnight, dealers said. The benchmark
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      Lock icon CHINA
      982 23 Reuters Q Shenzhen Blndex +Ll9 CHINA'S hard currency B stocks finished strongly higher yesterday, pushed up during the interim results reporting season by a rise in domestic A stocks and healthy economic data. The Shanghai B Share Index rose 3.23 per cent, or 1.79 of a point, to 57.24.
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  982 words
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      Lock icon TAIPEI
      371 23 AFP 13 WP Index +207.91 TAIWAN share prices closed 2.6 per cent higher yesterday on strong buying of technology stocks after overnight gains on Wall Street and easing concerns about tensions with China, dealers said. The Taiwan Stock Exchange Weighted Price Index soared 207.91 points to 8,267.66, following a
      AFP  -  371 words
    • Article
      Lock icon Sogo collapse drags Nikkei down 1.8%
      2047 23 TOKYO AFP jjiJ Nikkei 225 -3H&23 SHARE prices in Tokyo slumped 1.8 per cent yesterday on concerns over the fallout from the collapse of department store chain Sogo, brokers said. The key Nikkei 225 index lost 305.23 points to close at 17,036.90, with banking
      AFP  -  2,047 words
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  • STOCKS klse
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      Lock icon Stocks up with play on new issues, chip stocks
      469 24 AFP Composite Index +L 43 MALAYSIAN shares closed 0.2 per cent up yesterday after the overnight rise of US Nasdaq sparked buying of semiconductor stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 1.43 points to 860.77. The Second
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      Lock icon Untitled
      9559 24 INDUSTRIALS Consumer products 20OO Last Vol Day N«t Cap High Low Company Sal* OOO High Low P E $mM 420 310 Ajmomoto 360 unch I 360 360 19.7 145.9 IS8 62 Anqkasa 82 -2 92 87 82 120.9 670 290 Apollo Fooa Hlq 498 38 2 498 480 10 8
      9,559 words
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      31 24 GET THE ONE THAT FITS! m 4 a r ni< siniits'nnK N Multi-skilled worker, aspiring leader, all-rounder, star performer... 1 Find the right staff through The Straits Times Recruit. 1800-741-1883 o
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  • SGX clob & regional stocks
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      Lock icon Untitled
      2924 25 —IIL—W—I ***** W.I mm 11' I »IH—Ml— I MT MMMWWM«»MWnW>|-iWni*-TrilM I ""T*~ BOMDS A WARRANTS m* wt »™ti M tmtn Lett Vd On UiWH A* M Cawr tnr Dtac *>» M* Lea C«B»My Sat* «er- COOO) M# In Nr« Pike »»*>• *1«e OW lalt 51.5 16.5 S AcmaW*****4 21.5 -2
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      Lock icon BANGKOK
      764 25 AFP n SET Index -3.48 THAI stocks slipped 1.1 per cent yesterday as profit-tak-ing continued to hit the bourse, brokers said. The main Stock Exchange of Thailand (SET) Index fell 3.48 points to 320.45 points. An analyst with a foreign brokerage said sentiment weakened after the index fell below
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      Lock icon MANILA
      288 25 AFP F1 Composite Index +6^5 PHILIPPINE shares closed 0.5 per cent higher yesterday on the back of a slight rebound in the peso, analysts said. The Philippine Stock Exchange Composite Index rose 6.95 points to close at 1,561.52. Volume rose to 1.09 billion shares worth 1.32 billion pesos. —AFP
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      Lock icon JAKARTA
      704 25 AFP n Composite Index -&07 INDONESIAN share prices closed one per cent lower yesterday on growing concerns over the weakening rupiah following an intra-day low of 9,575 to the US dollar, dealers said. They said the currency factor would weigh heavily on today's trading as the rupiah continues to
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      Lock icon WELLINGTON
      272 25 AFP QNZSE-40 -15JB NEW Zealand shares closed down 0.7 per cent yesterday, following falls by several recent high-flying stocks, dealers said. The benchmark NZSE-40 Capital Index finished 15.93 points lower at 2,125.83 on turnover of NZ$l4O million. —AFP MO MS (BOO) Advantage MOS 2-81 0.12 534 Air N2 A
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      Lock icon SYDNEY
      552 25 AFP □AH Ordinaries -10.80 AUSTRALIAN share prices gave up early gains to finish 0.3 per cent weaker yesterday, dragged lower by industrial stocks, brokers said. The All Ordinaries Index lost 10.8 points to 3,265.5 while the SP/ASX 200 slipped 11.9 points to 3,306.5. Turnover totalled 946.5 million shares worth
      AFP  -  552 words
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      Lock icon SEOUL
      304 25 AFP Composite Index +5J9 SOUTH Korea's Composite Index yesterday closed up 5.99 points at 845.75. Volume was 475 million shares worth 3.4 trillion won. —AFP ■wo Arum Soml V4W0 tSO Bum Tcch 930 -K> CtntrM B«n* "30 -40 ChtHConwn *****0 -3SOO DMOuBtnk .2470 10 Dwung Corp 2010 25 OMwooCorp
      AFP  -  304 words
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      56 25 home in on Htws I investment powfouo L^yl^i"". I I IPO. Shares. Bonds. Stocks. Annual Reports. m| I 2'™"""" I Whatever you're offering, we help you reach out I -JKLr I I to 86.7% of all adults In Singapore daily. j The Straits Times The Business Times Lianhe Zaobao Berita
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      98 26 f t s vP!jSIH j? r J oh $^ll -iV--•"'>• A £.< .rv *L.^jgy^-4>^- y^iaStig^-.^.% v ®P -V-,-:.'^ -;?<>- .-V' ?v *-.„^.-M^Wl? I !#.nra? --•>■.• J %€*s& t Y *-J? J'. i's. IWS»«S3OB3KMBPBBBBHPBHKI photography Hyun Sung Koh tiKm styling Ng Xin Wei, Lim How Shou LJanhe Zaobao hair/make-up Yun Xian
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  • Article
    Lock icon STOCKS sgx
    9164 27 SGX MAINBOARD Transaction date: Jul 13 Or Of M Wt 92-Wk Last Vol 0«y Lift Oust* 01* 01* Yld Nat Cap Avg Hmi L— Company Sal* J'OOO) HlpO Lew Buyar Salter C'w H P/I $mtl Pile* MULTI-INDUSTRY 163 101 m c Aetna 50c 12S -3 237 130 124
    9,164 words
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      95 27 watches are a hundred years behind the times. A certain unrest keeps me going. I don to to improve |jl|B|||||Bli| is means nothing less than bringing them up to the same standards same >2) was over a years Tliii «wp backward u really CHRONOSWISS jJ ■:■'■> j Faszination der Mechanik
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  • UBS painewebber deal
    • Article
      Lock icon A man under fire
      934 28 Marcel Ospel is well aware that Swiss banking is under siege from Wall Street and buying PaineWebber may help ÜBS gain a new position in the US NYT [FRANKFURT] MARCEL Ospel, the chief executive of ÜBS in Zurich, built much of his career by buying American.
      NYT  -  934 words
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      Lock icon Talking heads
      400 28 The scene is the Manhattan apartment of Donald Barron, chairman of PaineWebber, who is dining with Marcel Ospel, chief executive of ÜBS. Daily Telegraph DB: So tell me Marcel, I'm only a novice at this. How shall we present your acquisition of PaineWebber to our staff, clients, shareholders
      Daily Telegraph  -  400 words
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  • EXECUTIVELifestyle
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      Lock icon Big money on the small screen
      1892 29  -  COVER STORY Demand is jjrowiuii lor production houses as local TV stations outsource their proiiraniininii' rc(|iiircnicnts. hut it is still a (icu'lopinu industry with sonic teething problems, players tell parvathi nayar PARVATHI NAYAR WHILE Singapore filmmakers continue to take ungainly steps in still uncertain
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    • PERSPECTIVE
      • Article
        Lock icon Harry is the psyche of daydreamers
        788 30  -  Mdd the cuff Will Rowling's excursion into the real world tnrn off the charm spell for Potter fans? jaime ee THE story goes that J K Rowling, celebrated author of the Harry Potter series, first invented the world's favourite character on a train between
        788 words
      • STRAWS In The Wind
        • Article
          Lock icon Online lessons for the gullible
          85 30 THE promises of the Internet. Check out this web ad: "Obtain a prosperous future, money earning power, and the admiration of all. Diplomas from prestigious non-accredited universities based on your present knowledge and life experience. No required tests, classes, books, or interviews. Bachelors, Masters, MBA,
          85 words
        • Article
          Lock icon techno geek
          73 30 YOU can order fast food off the Net, but bet you didn't know you could also get: "An intimate soiree with a decadent four-course Thai dinner judiciously matched with copious amounts of French wine at ONLY $40 nett". Plus other fine-dining offers from a new website. Now, if
          73 words
    • EPICURE
      • Article, Illustration
        Lock icon An Asian bazaar
        783 31  -  'Ethnic' is the buzzword at Giant Hypermarket, tan su ten finds out as she wrestles throngs of shoppers TAN SU YEN THE place: the newly-opened Giant Hypermarket in Jurong's IMM building. The time: 9.30 am on a Saturday morning, the day after the hypermarket's official opening. The
        783 words
      • Article
        Lock icon Wonderful Italians from the '90s
        908 31  -  WINE CONNOISSEUR By N K Yong A SLEW of wonderful wines. The year 1997 was hyped in the press as the vintage of the century in both Tuscany and Piedmont but that may now be history as 1999 is regarded in both regions as possibly
        908 words
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        Lock icon Let San Pellegrino sparkle a meal
        244 31 CRAVINGS PERRIER, the only sparkling mineral water here for the last 20 years, may have a certain cachet, but San Pellegrino, Perrier's sister brand within the Nestle Group, is fast carving out a niche for itself. Says Martin Bern, San Pellegrino's director for Asia,
        244 words
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        Lock icon Cold fish on a hot day
        109 31 THE height of summer is the best time to eat eel, according to the Japanese. And the designated eel-eating day fell on June 30, which the Japanese consider the "hottest day in the year". N a dam an Japanese Restaurant in Shangri-La Singapore is
        109 words
      • Article
        Lock icon XO chai tow kuay
        157 31  -  Compiled by Tan Su Yen VALUE-ADDED in the food business means redefining street food. Like the humble chai tow kway, for instance. Ocean Palace, which has a stall in Tang's Gourmet Market in the basement, sells something call XO chai tow kway for $3.50 a packet.
        157 words
    • STYLE
      • Article, Illustration
        Lock icon Live it up with Ducasse
        1109 32  -  With a bit of luck, willum grimes lands a table at New York's swankiest restaurant and enjoys fine dining with hefty price tag attached WILLIAM GRIMES NYT THE signing of the bill at Alain Ducasse is a special moment. No matter how lively the chatter
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      • Article, Illustration
        Lock icon CINEMA
        765 33 BasiL A lonely aristocrat tries to please his overbearing father and the selfish woman he loves. Orchard. Big Momma's House. Cop Martin Lawrence disguises himself as an old lady to catch a crook in this black version of Mrs Doubtfire. Orchard, Causeway, Suntec, Jubilee, West Mall, Empress, Toa Payoh,
        765 words
      • Article
        Lock icon ENQUIRIES AND BOOKINGS
        110 33 Cathay Org Cathay 338-3400 totihan 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Bag Wan Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Witesarah 585-1782 Oolden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bisrtan Boon lay Marina Tannines 8 nongßahru Yishun Ciemcnb/Co'oeaMft 777-0669 GoktavNe* Town 298-5466 NVnm
        110 words
    • TRAVEL
      • Article, Illustration
        Lock icon sport city
        499 34  -  Is there anybody in Sydney who doesn't know about the Olympics? In the same way that every host city transforms itself just before the world's greatest games actually begin, Sydney has put aside its laid back Bondi Beach charm and spruced itself into a fighting-fit lean city machine.
        499 words
      • Article
        Lock icon Emirates offers flights 4 times a week to Sydney
        264 34 NO doubt in time for the Olympics, Emirates recently launched flights from Singapore to Sydney. Besides competitive pricing, the airline is also competing with other airlines on comfort and facilities, particularly in its business class. Here, the seats are plush and
        264 words
    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon NO SWEAT, say banks on IFA competition
        989 35  -  sebeka no find out why bankers are confident that their own financial planning services will continue to dominate SERENA NG POREIGN and local banks here shrug off the threat that the new pool of independent financial advisers may soon pose, confident that their
        989 words
      • Article
        Lock icon Role of IFAs in UK set to change
        1094 35  -  FSfIT-T money But they're unlikely to go out of business despite competition from hind supermarkets and discount brokers shiv taneja The writer is with a London-based mutual fund data and research company Despite their somewhat chequered history in the UK, independent financial
        1,094 words
      • Article, Illustration
        Lock icon Plan to launch incubation centre for budding planners
        553 35 IPP AMONG the small circle of people familiar with financial planning, the IPP group springs readily to mind. Founder and insurance veteran Wee Tiong Howe set up IPP to provide "comprehensive financial planning" services in 1984, armed then with more than 15
        CHRIS LOH  -  553 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon DBSAM chief lays the foundation
        665 36  -  Patrick Tan reveals how he has restructured the firm to ensure that its unit trusts deliver good performance, gemevxeve coa reports GENEVIEVE CUA HEN hotshot fund manager Tan over as DBS Asset Management in March, the industry sat up. Finally, it seemed the firm had
        FILE PHOTO  -  665 words
      • Article
        Lock icon UNIT TRUST performance ranking
        3270 36 —uka li sat Source: Standard Poor 's Fund Services Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal launch 00-06-2000 07-04-2000 07-01-2000 00-07-1900 04-07-1907 30-00-1906 star data 07-07-2000 07-07-2000 07-07-2000 07-07-2000 07-07-2000 07-07-2000 ranklnp Keppel Singapore Bal Y 18/09/1995 0.44 1
        3,270 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon A slower US won't cripple Asia...
        492 37  -  ...in fact it will benefit the region. ÜBS Warburg's lan McLennan tells una so Aim why LING SU ANN Despite the us slowdown looming, all is not doom and gloom for Asia, which will see a shift towards domestic-led growth and away from the
        Source: CEIC  -  492 words
      • Article, Illustration
        Lock icon Insider sentiment remains bearish
        1035 37  -  T?M»TTmarKets By] Robert Halili Robert Halili is bureau chief at Asiascores.com THE Singapore Insider Sentiment remained in negative territory for the ninth consecutive week, closing at -38 points. That also marked the third consecutive week where the index has ended with a score of -36 or
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      • Article, Illustration
        Lock icon Parkway set to climb as expansion plans continue
        610 37 pi-:i i* y M idea Parkway Holdings Healthcare giant Parkway could join hands with Apollo Hospitals, a leading medical company in India. If the deal comes through, Parkway will be another step closer to becoming Asia's top healthcare player. Parkway wants regional
        FILE PHOTO  -  610 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at Jul 12.2000)
        1336 37 Deposit amount 1-mth 3-mth 6-mth Deposit amount 1-mth 3-mth 6-mth A$ AS S10.000 A24.999 5 4400 5 5300 5 5700 25.000 74 999 5 0000 5 0000 5 3125 A25.000 A49.999 5.4600 5 5500 5 5900 75.000 149 999
        1,336 words
    • EXECUTIVEmoney
      • Article
        Lock icon Can IFAs hold their own?
        427 38  -  How different are independent financial advisers from the big boys they compete with? oemevievecda talks to these independent players in the market GENEVIEVE CUA INDEPENDENCE— there lies the great divide between the new breed of independent financial advisers (IFAs) soon to emerge, and the plethora
        427 words
      • Article, Illustration
        Lock icon Relationships with clients matter most
        576 38 FIRST PRINCIPAL FINANCIAL PLANNING MERVYN Goh. one of the founding partners of First Principal Financial Planning, recently interviewed a banker who was keen to switch into the financial planning profession. Her credentials were impressive a customer list of more than 600 which would certainly take
        SIEW YAW HOONG  -  576 words
      • Article, Illustration
        Lock icon Independent advice comes after indepth probing
        537 38 LIFE PLANNING ASSOCIATES TALK to Benny Ong, veteran financial planner, and you'll get a wealth of anecdotes on just why you need independent financial advice. For starters, some insurance policies' fine print gives insurers the right to raise premium rates. Most policyholders pay revised
        537 words
      • Article, Illustration
        Lock icon Gearing up to expand range of services
        289 38 FIRST INDEPENDENT MENTION First Independent, Lum Chang Securities' financial planning division, and the first thing that comes to mind may be unit trusts. FI made waves when it first launched its "wrap" investment account, where clients are charged an annual management fee of
        289 words
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      65 29 Travel Snapshots of Sydney before the el Alain Ducasse has scrambling for seats An Asian bazaar hypermarket j* 'V 1 ,1 i-.. ~.-h 1 Finely- c r a ft e d ornaments, impressive calligraphy and scenes of old to awe and delight throughout the day At Paragon it all comes
      65 words
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      Lock icon Page 30 Miscellaneous Column 1
      206 30 CRYPTIC CROSSWORD 25 I start to abate (7) 26 tathfcrtSf 7 f radUatefOUnd old car you'll Find (7) YESTERDAY'S SOLUTION 27 Industrial city with church at 8 Shuns directions in chess, ill- AamK j Usefully, 9 Anorexia, the heart (7) in Q H 10 Agra, 11 Riding-master, 13 28 Chap
      206 words
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      110 31 (K) (<§£) (jj) STATE OF THE MARKET NIGHT OWL BROKER DiRECT IPO WATCH STREET BUZZ BREAKOUT ECONOMIC FLASH www.asiaxis.com provides objective, unbiased and insightful financial news and information. We aim to deliver greater depth and insight to the avid investor. Our intuitive financial tools are designed to empower and enhance
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      208 32 Where to wine, dine and entertain...™ |j^|£o«S you? Dreams come true s pi iill i iKiinu \f ilknimim I'.u n tr. 'in N> lull onw.irils u Ilk li iik liim\ i t- I >inin r uill Iv pri p.iriil ,iu.irJ-\\ mninu .ill I .>k v. .mli'lit >> K< v In
      208 words
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      Lock icon Page 32 Advertisements Column 2
      138 32 CELEBRATE THE LAST CENTURA WITH DE GRAND 61& S HPXSBBRH9HF For more enquiries, contact F B Department at ext. 400 pr 02 r liu mm loh H Happiness Deluxe Menu 8-Course Set Menu at only $29.90 per penon (minimum 4 ptr,<yns) Valid from 1 July till 31 October 2000 Lunch
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      Lock icon Page 32 Advertisements Column 3
      116 32 Roasted Whole Suckling Pig Steamed Live Sea-Bass Fish with Lime Sauce (Thai Style) Deep Fried Fresh Prawns with CcS) Pepper and Garlic jgjjS Braised Mushroom with Bean-Curd Puff ESS and Lo-Han Vegetable (BUM Braised Shark's Fin Soup with Dried v Seafood Sauteed Pork with X.O. Sauce Braised Noodle in Abalone
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      18 32 Enjoy the best culinary CATCH OF THE DAY < v "*> Gj: Vaixlcv A trul\ is£ sumptuous m awaits you
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      55 32 flTTly' HIGH TEA FAVOURITES Hnjoy local and Western favourites in a daily high-tea buffet at The Mezzanine Cafe Bar 12pm to spm daily Weekdays: $21.80+++ MezßrSie Weekends: $22.80+f+ Reservations: 831-6286 L ManJkirin QJ Si/Ufapore JJJ Orchard Road Singapore 2)8867. Tvirrr' w 717*411 fm: *****41 ~TI 2 V> v la\-\ c
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  • Page 33 Miscellaneous
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      2442 33 TODAY'S TV r ntrl W HHn 4.30 Asia Beyond RECOMMENDED VIEWDfO [U 1 5.00 Asia Today 9.00 AM Kids Central: I I rfh 5.30 Asian Market Report. TT Blue's Clues. f f 9 I 6.00 Headlines. nPm tn? thP Nang Nak, llipm, 930 Once upon a Tree. 0.02 In Conversation.
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      39 38 INSIDE No sweat, say banks on the threat of IFA competition, EM 7 IPP plans to launch incubation centre for budding _n Ell financial planners, EM 7 M Role of IFAs in UK set to change, EM 7 p
      39 words
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  • SHIPPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      280 39 Reuters THE Baltic Dry Index (BDI) rose three points to 1,604, the Baltic Panamax Index also gained three points to 1,592, the Baltic Handy Index was unchanged at 1,107 and the Baltic Capesize Index was up four points to 2,122. At 1415 GMT, Biffex was unchanged to 25
      Reuters  -  280 words
    • Article
      Lock icon MARITIME STOCKS
      292 39 jro w CWT Distribution 0.S4 -0.01 84 Chuan Hup 0-39 -0.01 7X5 Cosco Inyastmont Oil -0.01 413 FroigMUnks 023 unch 320 OB HoMngs 0.67 unch 0 Hj* Sun Hup 0.39 -0.01 490 IMC HoMngs-MK 5.60 unch 0 Joya HoMngs 0.18 -0.0) 442 Kappol Corp 4.04 -0.02 1142 KappolFELS
      292 words
    • Article, Illustration
      Lock icon European MPs slam EC double hull plan
      553 39  -  Tax should be levied on single hull tankers instead, members argne From 1 David Hughes in London THE European Commission (EC) is set to damage Europe's shipping industry if it acts unilaterally to bring forward deadlines to ban single hull tankers. This blunt
      FILE PHOTO  -  553 words
    • Article
      Lock icon MPA sets up unit to handle R&D projects
      316 39  -  By Ann Toh [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) has set up an R&D arm to encourage greater co-operation with industry and tertiary institutions on R&D projects. 4 The new office, to be housed within its technology division, will
      316 words
    • Article
      Lock icon Oil majors, shipowners merge online tanker ventures
      267 39 Move to become first live online chartering exchange in industry Reuters [LONDON] A US oil majors' Internet tanker venture is merging with a shipping dot.com in an attempt to be the first live online chartering exchange for the industry. Sea Logistics, which is
      Reuters  -  267 words
    • Article, Illustration
      Lock icon Gold Star's new service
      56 39 [SINGAPORE] Hongkong-based Gold Star Line has inaugurated a new weekly, fixed day service to Pasir Gudang and Port Klang in Malaysia and Yangon in Myanmar. The service will deploy two 261-TEU vessels, Novikovo (above) and Clarissa. It begins today with the call ofNovikovo in Singapore. The
      56 words
    • Article
      Lock icon IMO proposes measures to align port state control systems
      150 39 [SINGAPORE] A senior International Maritime Organisation official (IMO) called for greater alignment of port state control systems around the globe recently. Speaking at the 4th Port State Control conference in London, the senior deputy director of the IMO's Maritime Safety Division,
      150 words
    • SHIPPING news
      • Article
        Lock icon 'Sum insured' is not agreed value, rules judge
        780 40  -  ADMIRALTY CASEBOOK By Selva Kumar THE words "sum insured" in a marine insurance policy do not refer to an agreed value even if that value was from an independent survey and valuation carried out by an approved surveyor as required by the
        780 words
      • PORTShots
        • Article
          Lock icon Lunde bound for Nedship Bank
          53 40 INTERTANKO managing director Daflnn Lunde, who recently announced his resignation, is to join Nedship Bank as CEO from next month. Although it had been known that Mr Lunde was returning to the banking world after five years at the helm of Intertanko, his destination had
          53 words
        • Article
          Lock icon NSOA seeks nominations
          62 40 THE Norwegian Shipowners' Association (NSOA) is looking for nominations for its Thor Heyerdahl International Maritime Environmental Award. The award, which will be presented for the first time at next year's Nor-Shipping conference, is open for candidates who have "distinguished themselves for the benefit of the marine environment".
          62 words
        • Article
          Lock icon Cebu opens bids for port plan
          102 40 THE Philippine port of Cebu has opened the bidding process for consultancy work on a proposed US$2OO million (Ss34B million) container port in the city. The successful bidder will have two-and-a-half years to come up with a fully integrated plan for the site, along
          102 words
        • Article
          Lock icon Swan Hunter plans kit ships
          90 40 UK shipyard Swan Hunter is considering the launch of "flat-pack" ships for assembly in other yards around the world. Packed into containers, ships will be built as ready-to-assemble sections, individually numbered and with construction instructions on CD-rom. The kit system is already used to a
          90 words
        • Article
          Lock icon Shipptngbabes get jobs
          59 40 JOHNNY Kulukundis' popular Shippingbabes.com website is to link up with Spinnaker Consulting's Shippingjobs.com to offer access to "dotcom employment opportunities within the maritime and related industries". Spinnaker managing director Phil Parry said, "the two sites have a remarkable synergy" and described Shippingbabes as "amusing" and "irreverent" and
          59 words
        • Article
          Lock icon 'Mighty Servant II' refloated
          122 40 DUTCH salvage firm Smit has refloated the semi-submersible heavy lift ship Mighty Servant 11, which capsized and sank 11 km south of Singkep island in Indonesia in February with the loss of five lives. The salvage team was able to recover the one remaining missing body,
          122 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      307 40 PAGE ECU Line 6 ANL 3 KP Lines 13 Accord 8 E¥tr rfM 6 Ahrenfciel 14 foon< J SMn 8 Appenship 5 Frt Links M Asm OCL 13 CL,nk 4 Assets 8 Gemartrans 6 Austral 8 Gmhpg 13 Avan, ,4 Gtot 13 Glory Nav 14 8 tang
      307 words
    • Article
      Lock icon SHIPPING GUIDE
      20394 47 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage SIN Destn Name Name Number Number SIN Dest'n Name Name Number Number 25/07 04/06 MOL B TERATAI SATU 267 65 *****86 To ABIDJAN (ABJ) 2003 Cote D'lvoire 25/07 10/08 Hyundai MM BUNGA TERATAI SATU
      20,394 words
    • SHIPS IN PORT
      • Article
        Lock icon COHVENTIONAL WHARVES
        765 53 Vessel Voy No Berth Arrival Departure Hanq Mm 026S* *J07 13/07/4:55 IV07/1200 Surabaya Que 46 JI5 13/07/6:40 13/07/18X10 8t Surya 16 ***** J01 13/07/9:15 13/07/20:00 Bt rxji Satu ***** J01 13/07/9:10 13/07/2000 Gununq Sari 09/00 J06 13/07/8:50 14/07/8:00 Winstar 2 21S00 J03 13/07/8:35 14/07/6:30 Winstar 3 Sm0207 J17
        765 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1882 53 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Booking/Balance Rstli Ship Voy Mo Etb/Btr Ptrlod From To From AC» MAGNOUA 025* is/isoo 12/woo 12/1*5* <*-00 2A 12/1700 13/0*5* 13/0*00 21 12/1700 13/0659 13/0*00 J 13/0700 U/115* U/MOO 4 13/1200 U/M5* 13/1700 CMU MM i ««S 24 12/1700 13/0*5*
        1,882 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        188 53 Jul 14 France: Bastille Day. Jul IB Brunei: HM The Sultan's Birthday. Jul 17 Thailand: Buddhist Lent Day. Jul 20 Japan: Marine Day. An|l Singapore: National Day. An* 12 Thailand: HM The Queen s Birthday. Aaf 15 Germany: Assumption Day. Korea: Liberation Day. Anf 17 Indonesia: Independence Day.
        188 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        768 53 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 average sized stem. Market movements are Indi cated. The Cockett Bunker Price Index change and
        768 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        387 53 Cjrbo<| NO J 0.5 9 0 08 78 0.04 H Mg- No abow E25 0 0 3 0 0 0 Jul 6 Density »«or MSMUO aegwwm gj 13.0 0.06 47 0.02 *"JJ 3M Ma 993.9 0.5 Wi 0.09 99 0.05 U/tr] in m/m m/m w* Wo
        387 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon BA and KLM to file for full merger go-ahead
        471 54 Proposal to be filed in early Aug deal may eventually produce USs9som in cost savings FT [LONDON] British Airways and KLM are planning to file a proposal for a full merger with the European competition authorities by the first week of
        FT  -  471 words
      • Article, Illustration
        Lock icon Northwest spurns AMR's US$44 a share bid
        343 54 Bloomberg [FORT WORTH, Texas] Northwest Airlines Corp is unwilling to accept a US$44 a share takeover from AMR Corp, contending that the bid from American Airlines' parent is not even half what the No 4 US carrier is worth, people familiar with the
        Bloomberg; AP  -  343 words
      • Article
        Lock icon Bidding for Air India stake to open in early Aug
        450 54 Hotel arm of national carrier to be sold by December Bloomberg [NEW DELHI] India will seek buyers for a stake in Air India, the country's national carrier, in the first half of August in order to meet a target for
        Bloomberg  -  450 words
      • Article
        Lock icon Thailand's Angel Airlines to start flights to Hongkong
        214 54 AFP [BANGKOK] Thailand's privately owned Angel Airlines said it is to begin flying daily between Bangkok and Hongkong, ending a six-week suspension caused by financial strife. An Angel Airlines official said the carrier had leased a 229-seat LlO Lockheed Tristar from Bangkok-based
        AFP  -  214 words
      • Article
        Lock icon UK airlines bid to run air traffic control service
        191 54 Reuters [LONDON] Britain's eight biggest airlines have linked up with British Telecommunications pic and five European governments to bid to run the UK's air traffic control service, the Financial Times reported yesterday. The airlines include British Airways pic, British Midland Airways
        Reuters  -  191 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1818 54 an yuan no fimht era mm —a AM229 Mwfci 1740 WWO W* UMW MM IH63M 2230 I H SMM .WO COSt jgD SO 230 MSO ***** 2230 COM 2MS SMM M» MMmMb H0M3 MB KLMM 2255 Haaai WB0741 UNO WS0742 0905 SO23 0645 ****** 2325 SOW175
        1,818 words
  • Page 39 Advertisements
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      275 39 iigj I THE SHIPPING CORPORATION OF INDIA LTD H Nehru Centre, Discovery of India Building, H Dr. Annie Besant Road, Worli, H Mumbai- 400 018 (India) H Tel: (022) 493 1461 Tlx. Nos.oll-***** OSV IN Fax N05.0091-22-*****56 H BH General Cargo Tween Decker (Container Oriented) rav 'VISHVA PALLAV', I H|
      275 words
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      Lock icon Page 39 Advertisements Column 2
      87 39 'Sum insured' Is not agreed value, rules Judge 2 CAMBODIA SHIP REGISTRY "More than 1000 vessels registered totalling about 3 million GRT since its inception" ■f c,farT^^We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service, 365 days
      87 words
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      1340 40 I NORTH AMERICA 1 I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA BCRVICE) vor etosm longhaoi dmus Houston oocago wwrow ■ddcoott vtssa vot si pi.otim| acajwu sawiomco combo ptcm»ma|mmwwma| smmiohb OOaNTMBUHM W M/M M/M M/M M/N 11/N
      1,340 words
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      Lock icon Page 40 Advertisements Column 2
      726 40 Lines services represented by (SgSsk2\ Members of the Registry of Members of the vSiBRy Accndited Agents, s n 9 a P or logistics Ngjm Singapore Shipping Association Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTU MV "TBN" ETA SIN 26/07/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374
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      1182 41 TO EUROPE FROM EUROPE Ivcsa VOT SI RTM AMI HAM ORV SOU FIT (Bl IvßSa VOT RTM AMR HAM MtV SOU FIT 181 SM NOL CORAL 01SW 14/07 30/07 01/00 04/00 05/00 tfICTPtSK 0)01 23/06 24/0* 20/0* 21/0* 14/07 HTHKSHMESS 32SW 17/07 04/00 05/00 00/00 02/00 MAS 5371 25/0* 27/0*
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      Lock icon Page 41 Advertisements Column 2
      1968 41 ®HANJIN SHIPPING jikFl Wm Hkty+ilm -y* *****30 WMUjji shipping cs) min cm mm *****3s 737 sale *****74 731 wag ********** ofmnows *****50 ?si mm cut 777/oss fax sati us awo 11 s34<3ooo<im TO NW USA CANADA USA CANADA* mw/voT um sm ukhau/voy su m on rox 00 mr St dtt
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      Lock icon Page 41 Advertisements Column 3
      419 41 Vtssa VOY SW PKG VOY SIM HKG KL USX WS VBSa WT SIM JKT SW ffiLns 8& liffi -lif iTO— nnBouttis oob h/d; ?4/p7 »/w bwwm OS iliff; 8/8 ~Vn UITC HODWQXC 01 OS U/P7 11/07 ***** 11/07 73/D7 75/07 71/07 71,117 ontruSAA OIK 71/07 71/07 30/07 01/00 07/00 VDSa
      419 words
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      1698 42 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANSANADA VtSStt VOY "s!T" LEH HTM WW HAM WV FU <E«a VOT 6ff SK FOI WX MTU TMOfETOWnY 0027W 14.17 MM 17 M DM MM MM MTMOS KNATOR OMSW 1417 *07 MM DM MM 12 M PUSMI SENATOR MI4W 1«»7 M M M M
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      Lock icon Page 42 Advertisements Column 2
      1052 42 m, am MAC-NELS S PORE M'SIA Carrier MN CONTR LINES, INC P. GUOANG: (07) *****26 I I f\V\ J cm NOt **********0* SIBU: (084) *****9 MANILA: (632) *****24 V W PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****46 KUCHBOG (082) *****1-3 BARCELONA
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      Lock icon Page 42 Advertisements Column 3
      733 42 EXPRESS CONTAINER FEEDER FOR NSHEVA (CFS MUIUNO MUMBALCOLOMBO ALSO ACCEPTING TO AU NORTHERN ANO WESTERN 1.C.0. POINTS VMMI S PORE N SHEVA COLOMBO P.KLANG CAPE CANAVERAL V 126W 23 JUL 01 AUG K AUG 11 AUG TULSIOAS Vl2l 30 JUL M AUG 12 AUG II AUG CAPE CREUS W.IIBW 06
      733 words
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      1527 43 [VKSSiL VOY HKO KHH SIN PKL PXB iA DAM SIK Serving all valuable customers with new and bigger fully cellular vessels 0f3300 teus, as from July 2000. Maiden vovaee. mv Iran Hormozgan PCLI63 eta Singapore 21/7/2000, Pt Klang 22/7/2000 AGENT W SXGAPORE AGENT W MALAYSIA AGENT 84 88PQNESIA SMOSE MAMTME
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      1114 43 NEW SEtVKE 1 Jr MKECT TO COLOMBO I M 5 MVS I EViIY WiNCSMY I I GtNfRAi AGENTS IN SINGAPORE 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/L) COSTAR SHIPPING PTE LTD #12-00 SALES/RXGS 4205*57/43 INWARD DEPT (D/OJ *****85 COSTAR AGENCIES (M) SDN BHD q NO: **********0*1 SINGAPORE
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      633 43 EXPORT I IMPORT I Hb n S HI ift IftlftljH ijy Mi i iiiii POHAIIGSe» 013W 77/00 00/04 10/04 j 11/ Of I 17/04 13/04 14/04 IcrMl 01« 77/07 74/07 31/07 03/00 a/00 BBBaPill ■Hirnw jMlßgig TRANSPACIFIC SOVICE EXPORT IMPORT vissa wt I m iso ou |*ano» (moob »i) sm
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      660 44 EUMOW/UK/«CAWPBKAVIA/WNUANP/«m«U SBRVKES EXPORT VESSa/VOYAGE SGP RON HK THP SE AJIWLHV E 6ENEIALRWO7I W "04/5T 08 II'TW 11/08 13,08 W E. MAMONOEW OH 22/07 10/08 12/08 14/01 IS 01 17/01 14/01 E DIVINE RWOII 30/07 18/08 11/08 21/08 22/08 24/08 23/08 ALSO ACCEPT** CARGO TO ANO FROM: FINLAND, DENMARK. SWEDEN. RUSSIA
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      372 44 AMMAN KRSMN OIV/MDIAN SUB OOMMNT SRVKI IXPOCT VESSCL VOYAGE WCM M M IN MMM KMMXV UMAMfti 0421D21W 17/07 21/07 24/07- 27/07 21/07 UNI MTBOT 0134-007W 11/07 22/07 71/07 21/07 31/07 02/01 YUHE 015** 21/07 01/01 02/01 04/08 DM ASSENT 0422 OIIW 24/07 21/07 02/01 03/01 04/01 UNI PRUDENT 0135-001W 25/07
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      932 44 PACIFIC INTERNATIONAL UNES (PTE) LTD A SSSSSI lb 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO I I|*»R VOT WG STB MB »Ut BOMTO I i T| BUWGA TBATAI3 277 IS/7 U/7 37/7 |/> 6/8 H/» H/| I MTArwAiu pauhi \m 1177T" 23/7 n/i i/» >/» n7r~ i47r
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      404 44 SO TEL OK BLANGAH ROAD *02-02 CfTIPORT CENTRE SPORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W VESSa VOY Ett ETD DESTHOW MABUKWA 2920H 14/07/28 M 1&67/2 MI MUNTTK •MBUMM 362M0 17N7/2NO 17/07/20 M PKL BALMM MABUKWA *****8 2267/20 M *****MJ PALBfBANW*JNTOK"P*L BALAM kacuri nno
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      379 45 BSA il mm. MYANMA FIVE STAR UNE (Myoaacr Noltoaol IJm) Loadiag far Yang on vissa voy sm m rai PGU NAWLANYMf 10W SID SAGAMG OW SIB MALAYSIA MINTS: DOUSIUD SUPPING AGQKXS KUL TO (03)*****00 P«L TU (03) *****01 PHI: TH (04) *****02 PGU: TH. (07) *****31/4 BANK LINE (A ttrvkf
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      1194 45 HMNE* HYUNDAI MERCHANT MARINECCXJJP. Vcsa vcy~ "3T sou m mi aw mm ~WI fwssa wr sou iw I h»|ant|nmi|mv m NOICOBAL 015W 14/07 04/18 05/08 30/07 01/08 4MCTFBBB 01M 78/04 21/04 27/04 01/07 15/07 MYMGMSSS 375W 17/07 00/08 07/08 10/08 17/08 RMS SJ7* 30/04 01/07 75/04 77/04 U/07 API AUMNDBS
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      658 45 vOOv WALLENIUS WILHELMSEN I TO NORTH AMD LATIN AMERKA "CAR ROUP HEAVTUfT StRYICt* VKStI VOT »W HOGHT SIM IK MAO j QUA j SAV OA! Off HTC ttW 800 TALABOT AHOIS 4001«b 6.3JR 15/07 25/00 02/09 05/09 07/09 09/09 10/09 12/09 H/09 19/09 TAMKRI AMOU 4001mj 6JM 10/01 09/09 17/09
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      1765 46 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL COKTMNER SERVICE vs vor hb m sn a w a tfi MOULD 2SS 10/07 11/07 11/W Q/07 B/07 n/V mmvni nT 17/07 10/07 N/07 57»F 01/00 um POND BMAM nT CW 15/07 04/01 04/00 00/01 H/M MIVatT 77% 11/07 01/00 07/00 13/01 IS/00
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      52 49 s yangon See PageS Daily See Pag* 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD COCOS CHRISMAS ISLAND JAPAN PORTS^ WESTERN AUSTRALIA Iflrllll I VIII VII Turn to Page 8 Daily TURN TO Page 1 M HDi ASSETS ASSETS SHIPOWNERS t MANAGERS PTE LTD NTL NAIGAI TRANS LINE (S)
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      42 50 I IPS I MOftf I NKW va JSL HI M JS_ -ML. m mm ma M on o»i IfflL. -16L STOMWAU JACKSON WD 13/07 H/07 17/#/ ID 14/00 10/00 M/ 00 J4/00 M/M GtffN ISLAND M JjJ| 30/07 75/07 23/07 IS/07 17/07
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      51 50 #WWffTM METROPORT SNIPPING SDN. BHD. I SINOKOR MERCHANT IWM fSffl W. Hm twmfm, *im Ntl Of. btmfm Ow* &*m. ■d» T MARINE CO LTD I W:6OJ WS^7JM 67M FARWIDE SNIPPING AGENCIES PTE LTD E*PO«T M; ni-««n (S Ums) to: IM-ISM CY: CHOTANG ML: fOtT KLAMG USW: UISAN PUS: HJSAH «WT:
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      43 50 SHIPPING •WAKEHOUSIN6 Mi: Singapore Loading Daily Mon to Sa fBATAMINDOI/HI) Acoepong Lift Carpi Reefer Ccrtamer Hrta: Singapore Loadmg Men. Wed &Fn (BATAMINDOD) Accepting KIX cnvcntmrnVPncijea Heavy Lift Ctrgo "Uk 227 0322 F«x: 222 9330 Oifinliiii Slilppl Wwihmfai Pf IH ill —1-51 Tm WWW
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      1042 51 SAMUDERA SHIPPING LINE LTD 71 «MM M, #06-01 01, SfafM*" 07*011 MAM UK/OUTWARD: 532 3600 INWARD (D4o>: 437 2360 IMPORT STATUS (WOfc 437 2371INVtNTORT (WOh 437 2420 Wabsit* bttp://www.tMM(d«ra.<oai Ct NO. 1M*****000M BOOKINGS UNE: 535 6266 (Celia/Jessica/Mei Chqn/Jedynn/Porq/Yvonnc/Honim) 8 SLGS/WEEKLY 3 SIGS/WEEKIY rasa vot s« jar vtssa vot sw mm
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      1003 51 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I WC I MM MT I SUi KW I fOC I OM IQW HM I WTI I 0«f SAV I MIW I TMI 1 HQM 1 HOtGH DRAKE /04SI 24/07 30/07 07/01 04/0» 10/00 11/00 2*/00 29/00 25/09 20/09 29/p9J2/m*/jo_ _M/10_ 1?/10
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      661 51 ING 111 SNIPPING CO PTE lIDI IrVO M: 5330R75 (4 Umi| Fei: S3MR3R/*****M I x ahUHMIIIIIt I VESSEL VOT SMEtt SIM FTO DESTINATION Soar (Mid 7/00 10/0/ 16/07 ouma/P Om/Pmmmh Unon Sin 38 6/00 13/07 14/07 Mank/BaNvgas UnanStalO 6/00 13/07 M/ 07 rtortc Unon Sto 1? 6/00 14/07 IS/07 Surato*
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      615 52 VESSEL VOY SIN MAA SIN I TIGER BRIDGE 816N 16-16/07 2&29/07 I TIGER METRO 817N 24-27/07 02 03AJ8 I TIGER STAR 818N 21-22/07 27 3007 04 05A)8 I TIGER RHYTHM 819N 25-26/07 31-03/06 08-09/08 I TIGER BRIDGE 820N 2&29/07 03-0&08 11-12/08 I TIGER METRO 821N OHJ2/08 07 1008 IVESSE^^^VO^^SIP^^CA^^SIP^I XPRESS
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      1149 52 JV FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: Flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO •OSAKA/NAGOYA «LAEM CHA BANG -LAE/PORT MORESBY •PASIR GUDANG *CEBU ADELAIDE/BRISBANE •TAICHUNG/KAOHSIUNG SHANGHAI/XING ANG *MAHE •INCHON •HAIPHONG/PHNOM PENH YANGON SEMARANG/BELAWAN SUVA/NOUMEA MALTA FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYLIFT CARGO Lawrence Lim *****78 lawrence@flesin.com.sg WAREHOUSING LOGISTIC SERVICES ENQUIRY
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      1138 52 For bookmg t enquiry col *****80 ,/j^V W«Mt« http://www.Md.cMi V USA/CANADA iiw»< ia oil mm in hou iwsd m m hu at ta OOQ NfIHBLAMDS ***** 11/07 04/01 01/01 Id/01 10/01 01/01 IMQ 20WS2S 20/04 21/04 2MM M* 7MJ4 tt/07 OOG ItTUkJN 3SCS3O 24/07 11/W 14A* 17/01 14/01 2™ $25
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  • Page 53 Miscellaneous
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      124 53 11 JE 120E*" jBUkZA LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers Rain Temperature C_/ Wind direction and speed in knots Weather Cloudy Day Ij Sea Conditions Wind speed symbols I < O Full circle w/o line indicates calm or light and variable winds -i—-One half fleche represents
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      246 54 THE SHIPPING CORPORATION OF INDIA LTD Nehru Centre, Discovery of India Building, Dr. Annie Besant Road, Worii, Mumbai- 400 018 (India) Tel: (022) 493 1461 Tlx. Nos.oll-***** OSV IN Fax N05.0091-22-*****56 General Cargo Tween Decker (Container Oriented) mv VISHVA PARIJAT, 1980 UK built, *****GT, ***** DWT, available for sale for
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