The Business Times, 20 July 2000

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Total Pages: 46
1 46 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 ffHEBUSINESSTlMES M»TA (P) 035/12/1999 85C SINGAPORE Internet: nttp://business-times.asial .com.sg/ THURSDAY, JULY 20. 2000
    13 words
  • Article
    Lock icon MARKET SUMMARY
    75 1 Dsn 2437 a (+30.74) BT-SHI 82LH (+11.02) □sr index nrraus VXI (+27.00) □mmarmm ***** (+5.40) STOCK MARKET INDICES Wednesday Change KLSE OOMP 840.85 +182 NIKKEI 225 164(83.5? +3850 HANG SEW 17.71ft.07 +***** <SBT INDEX 314.54 +1.15 JAKARTA COMP 513.78 +«.73 MANILA OOMP _Ulft» -11.86 TAffO WPI *411.88 +48.10
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  • Article
    Lock icon FINANCE
    79 1 FQKEZ BATES LSI S$ USS 1.746 £(USt/S$per£) 1493 2.505 EURO(US$/SS/E) 0521 1.607 DM 2.123 tm YEN 106.0 1 .616• RM 3.800 1.469 HKI 7.797 0.224 BAHT 4016 0.049 RUPIAH 8,966 0.019 St to 100 units PUKE BATES SINGAPORE* 580 KUALA LUMPUR 7.67 JAKARTA J9.00 BANGKOK .9.50 MANILA 11.00 HONGKONG
    79 words
  • Article, Illustration
    Lock icon Ho Kwon Ping to leave S'pore Power, may head SIA?
    504 1  -  exclusive Sources say move follows his appointment to SIA board last week By Eugene Low [SINGAPORE] Ho Kwon Ping is stepping down as chairman of Singapore Power (SP), sources say, and the speculation is that he may be in line
    504 words
  • Article
    Lock icon Way open for entry of foreign non-traditional Net banks
    1090 1  -  S'pore banks can set np Internet-only banks with paid-up capital of $100 m By I Siow Li Sen [SINGAPORE] Internet banks in Singapore will have to operate under the same prudential framework as traditional banks under guidelines announced yesterday which effectively
    1,090 words
  • Article
    Lock icon Major research group warns of sharp US slowdown next year
    389 1 Conference Board predicts rate to slow to 2%, down from an estimated 5% this year AFP Reuters [NEW YORK] US economic growth will take a sharp downward turn next year for the first time in several years, a leading business
    AFP; Reuters  -  389 words
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      93 1 DBgPE Top stories China sets targets to open stock markets and free interest rates. M«xf Pmgm Japan and US reach landmark agreement to cut NTT charges. Pg 3 Osim launches 58m IPO shares at 52 cents each. Pg 8 Interim judicial managers from Ernst Young appointed for three Sago companies
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      29 1 Vital statistics Singapore's trade figures for the first half-year will be available onBT Online as soon as they are released after 1.45pm today. Go to http://business-times, asial. com. sg
      29 words
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      Lock icon Page 1 Advertisements Column 3
      108 1 i HP Her-Power. But... Other than Hewlett-Packard, the top echelons in info-communications continue io bo Tmle-dominntori Sorry ladies, you're also to blai^ BJ Comment Next P^go j -vV -i ERICSSON ■L v i ■>; flk /V i '!s£HHL Hk There are many ways to make yourself heard. What's yours? NPI|P
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  • NEXT page
    • Article, Illustration
      Lock icon China to open bourses, free interest rates
      812 2 Full market access to foreign investors by 2002, banks to set own rates by 2003 Bloomberg [BElJlNG] China plans to give foreign investors full access to its US$6OO billion (551.05 trillion) stock markets by 2002 and let banks set their own interest rates
      Bloomberg; AP, REUTERS  -  812 words
    • ON THE grapevine
      • Article
        Lock icon Hongkong Legco's hair apparent
        144 2 LEUNG K wok-hung, Hongkong's best-known street protester, has been arrested many times, including once for disrupting a session between the lawmakers and the Chief Executive in the Legislative Council. After having been thrown out many times during those protest sessions, Mr Leung, better known as Long
        144 words
      • Article
        Lock icon Got a scoop?
        77 2 MALAYSIA'S Bernama news agency yesterday reported "press leaks" at the country's Parliament not the Watergate kind, however, though close enough. Bernama said that a reporter covering the Dewan Rakyat sitting yesterday had to abandon a story she was working on when water started to leak from the
        77 words
    • Article, Illustration
      Lock icon HP = Her-Power, but what about the rest?
      701 2  - HP Her-Power, but what about the rest? P 1 comment TECHNOLOGY kenneth james SAY hello to the new head of Hewlett-Packard Co's Asia-Pacific business, Siaou-Sze Lien. That's Ms Lien, If you don't mind, and her achievement is nothing to be sneezed at. As vice-president and general manager of HP Asia-Pacific,
      701 words
    • Article
      Lock icon Indonesia, IMF deal this month still possible
      308 2 J«ty 20 target an internal deadline set by Jakarta: IMF Bloomberg [JAKARTA] Indonesia could still sign an accord with the International Monetary Fund this month, though a deadline set by Jakarta for today will likely be missed, said John Dodsworth, the IMF's representative
      Bloomberg  -  308 words
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      185 2 10* August 2000 Holiday Inn Park View 9.00 am 5.00pm Conductedby: ANDERS RAMSELL, SWEDEN FEES *****.00 per participant (Inclusive of lunch, 2 coffee breaks, training materials A certificate of attendance) COURSE CONTENTS 1. What is Key Account Management? 7. Defensive Key Account Management 2. lateral thinking in Key Account BaSfC
      185 words
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  • TELCOM deal
    • Article, Illustration
      Lock icon Japan-US pact to cut NTT charges
      772 3  -  Deal to open up Japan's USsl3ob telecoms market Fromi Anthony Rowley in Tokyo APAN and the US reached a landmark agreement yesterday requiring Nippon Telegraph and Telephone (NTT) to make deep cuts in the charges that the former state monopoly levies on rival carriers
      REUTERS  -  772 words
    • Article
      Lock icon Deal could mean lower call charges to Japan
      284 3  -  Operators seen passing cost-savings to consumers By Teh Hooi Ling [SINGAPORE] Call charges to Japan could fall, following an agreement between the United States and Japan to lower the "last mile" interconnection rates in Japan. "We hope that this may have an
      284 words
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      126 3 I IS c fißj^ I F jßf|j» I E 4! 1 *W^ BfP f 1 m NMr I ■Br I Hhta^g^p K ft**" /i' iM*v J9 ,><t- c B >1 jH i T mL wrfifl BIQnW iflr w J Bet'* I jpjJTgm^M^BM|Mi^MfcAMFyjaWMby ff»W|^F^ B ■< '^B To many Singaporeans, Catherine
      126 words
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      8 3 ■findtke idjyjLOtordidaii... j WtxJbcMMf. Just dick www.wizofflce.com iff
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  • SINGAPORE companies
    • Article
      Lock icon Heshe gets $3m term loan from Citicorp
      267 4 HESHE Holdings has obtained a term loan facility of up to S3 million from Citicorp Investment Bank and in return, agreed to grant the bank call options over shares in itself and subsidiary Poly-Al-lied Knitwear. The term loan facility will be used to
      267 words
    • Article
      Lock icon Seksun to invest $6.3m in two new China units
      409 4  -  W Kenneth Lee MAINBOARD-LISTED Seksun Precision Engineering will invest $6.3 million in two new companies in China a contract manufacturer and an R&D centre as part of its efforts to move into highertechnology areas. The company said yesterday that Seksun Tooling
      409 words
    • Article, Illustration
      Lock icon Asian stocks track Wall St moves: study
      379 4  -  S'pore market most likely to follow any Dow or Nasdaq decline or rise, HAS study shows Andrea Tan WHEN the US financial market falls, it is likely to pull many Asian markets including Singapore's down with it, according to a Monetary Authority of
      Source  -  379 words
    • Article, Illustration
      Lock icon OCBC assets could go to sister firms
      341 4  -  Centrepoint Prop, Bt Sembawang likely buyers Salomon Byi Andrea Tan CENTREPOINT Properties or Bukit Sembawang could end up buying some of OCBC Bank's development land and investment properties, now that banks have to quit their non-core business, according to Salomon Smith Barney (SSB).
      FILE PHOTO  -  341 words
    • Article
      Lock icon Bloody knife fight ahead for HK's pay TV operators
      791 4  -  locksiew quak hiang whai HEARD this one? Besides the consumers, who are the main beneficiaries of Hongkong's latest move to open up its pay television market? No, not the television operators. It's the food people who sell pizzas and chicken wings
      791 words
    • Article, Illustration
      Lock icon ITG loses early gains to close debut session unchanged
      350 5  -  Analysts blame high valuations for its lacklustre showing By) Ling Su Ann INTERNET Technology Group (ITG) closed flat on its debut in the stock market yesterday, ending the day at its offer price of 65 cents. The stock had opened at
      Source: Bloomberg  -  350 words
    • Article
      Lock icon Tastyfood's IPO 34 times subscribed
      156 5 THE initial public offer (IPO) of Tastyfood Ltd, a homegrown manufacturer and distributor of instant cereal and beverages, was subscribed 34 times at the close of its IPO at noon yesterday, the company said in a statement yesterday. Offered to the public were 4.2 million
      156 words
    • Article, Illustration
      Lock icon Osim offers 58m shares at 52¢
      489 5  -  MEW LISTINGS The healthcare firm sets aside 5.8 m shares for the public in mainboard IPO By Kenneth Lee HEALTHCARE and lifestyle product marketer and franchisor Osim International yesterday launched its initial public offer (IPO) of 58 million new shares at 52 cents each
      ARTHUR LEE  -  489 words
    • Article
      Lock icon Airgateway launches new WAP product
      473 7  -  It will focus on revenue generation before going for IPO next year By Teh Hooi Ling AIRGATEWAY.COM a search engine and applications provider of wireless Internet in which Singapore Telecom has a 24 per cent stake plans to list on the stock exchange in a
      473 words
    • COMPANY Briefs
      • Article
        Lock icon Ezyhealth IPO 64 times subscribed
        62 7 AFX-Asia THE retail tranche of Ezyhealth Asia Pacific's public offer was 64 times subscribed, sole IPO manager and underwriter Overseas Union Bank said. The public tranche consists of 2.5 million shares offered at 40 cents each. The IPO involved a total of 50 million new
        AFX-Asia  -  62 words
      • Article
        Lock icon More on Chuan Hup's $1b contract
        77 7 CHUAN Hup Holdings yesterday gave further details on its coal transportation project. It said the contract value of $1 billion was arrived at on the basis of the average rate per ton multiplied by the estimated volume of coal to be shipped per year
        77 words
      • Article
        Lock icon Vickers calls off Thai Net venture
        66 7 VICKERS Ballas has called off a proposed joint venture between wholly-owned subsidiary J Ballas Trading and AD Venture Company, for J Ballas to take a 45 per cent stake in Full Fin.com Company. Vickers cited the recent change in the Internet business arena. AD
        66 words
    • Article
      Lock icon Strike Engg takes 18.5% ei-Nets stake
      206 7 SESDAQ-listed Strike Engineering has acquired an 18.5 per cent stake in ei-Nets.com, a Singapore designer, builder and operator of industry-spe-cific e-commerce systems. According to a statement from Strike yesterday, eiNets will acquire a 100 per cent stake in Plan-B Speed.com, a company jointly owned
      206 words
    • Article
      Lock icon DBS, OCBC may bid strongly for Chase's HK retail ops
      680 8 They face a tough fight for the prize as others eye its credit card business Bloomberg [HONGKONG] DBS Group and OCBC Bank may bid aggressively against three rivals for Chase Manhattan Corp's Hongkong retail operations, attracted by its lucrative credit
      Bloomberg  -  680 words
    • Article
      Lock icon Penguin Boat to issue 80m warrants
      391 8  -  Issue in conjunction with $25m loan facility from DBS By. Audrey Tan PENGUIN Boat International said yesterday it will issue 80 million detachable warrants at 4 cents each, and has obtained a three-year transferable loan facility of $25 million from DBS Bank. The company
      391 words
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      71 4 r X ytc The Royal Bank %iC Scotland pic SINGAPORE BRANCH ■pF^ >, <c*.-y ,t<^v '"*r-jlr V THE KEY TO YOUR UK PROPERTY FINANCE Highly competitive interest rate Fast and convenient service Flexible loan package Pre-purchase approval No pre-payment penalties For further information, please contact either Eileen Tan or Amy
      71 words
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      16 5 WizPiwHA cUttfuL \fiMs tucds 1 Just click vvww.wizoffice.com J 1 J/ 7 WizOffice.com y wt,+ 4
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      Lock icon Page 5 Advertisements Column 2
      193 5 Life, liberty, the pursuit of pleasure teSV. A 7 I WxS \Wk JIA <•' v X m v> fat.'- \\W« It isn't just a car, it's a lifestyle. &7 If life offers a playing field of endless pleasures, it comes as no surprise that the Golf should be so highly
      193 words
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      478 6 Stocks Votuma ITech 4c 84,000,000 Jadasonlc 42,232,000 Food Empire 5c 26,947,000 PNE bid 10c 26,282,000 TTlnt 15c 23,995,000 Goodpack 1c 22,263,000 Ionics P$1.00 18,901,000 MediaRing 10c 14,706,000 IPC020c 14,231,000 AddvaJTech 2.5c 12,597.000 Stocks Chart Semiconductor 26c 60,757,950 ITech4c 57,397,440 DBSGrp 47,447,100 VentureMfg25c 38,450,466 SPH 30,179,138 S1A 25,477,128 0U8 24,276,650 OCBC
      478 words
    • Article, Illustration
      Lock icon Market posts best rise in two weeks, but volume is modest
      547 6  -  ■l< comment STOCKS ven sreenivasan THE Singapore stock market chalked up its biggest rise in two weeks yesterday, thanks partly to selective buying of blue chips and technology stocks. Traders said the market was cheered by calmer regional currency
      547 words
    • Article, Illustration
      Lock icon UOL 2001 warrant remains attractive with great figures
      189 6  -  WARRANT WATCH By Ven Sreenivasan UNITED Overseas Land has two warrants, one expiring in 2004 and the other next year. The latter, which expires in May 2001, has been more active in recent weeks than its longer-dated counterpart. We last featured the
      189 words
    • Article, Illustration
      Lock icon Kian Ann falls; charts stay positive
      238 6  -  HOT STOCK Ven Sreenivasan EQUIPMENT and engineering components supplier Kian Ann Engineering announced this week it has tied up with China-linked CIDC Group in what is seen as its first major foray into the Chinese infrastructure market. Separately, CIDC has signed an agreement with
      238 words
    • Article
      Lock icon Market Notices
      144 6 ♦SEMBCORP Marine will be trading ex-dividend (interim dividend aC0.75 cent special dividend ofT5 cents) on Aug 10. Last day for buying-in on a cum basis is on Aug 15. Date payable is on Aug 31. ♦VENTURE Manufacturing (Singapore) announced the appointment of Yvonne Choo and Leong Yoke Yeng
      144 words
    • Article, Illustration
      Lock icon Rupiah surges again, with brief foray below 9,000
      332 6  -  i i comment CURRENCIES larry wee RUPIAH bears were hit again after the Indonesian currency made further gains which saw it correct more than 6 per cent after hitting 22-month lows earlier this week. Meanwhile, the euro looked as if it may
      Source  -  332 words
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      206 6 osim) OSIM INTERNATIONAL LTD (Incorporated in the Republic of Singapore on 27 August 1983) INVITATION IN RESPECT OF 58,000,000 ORDINARY SHARES OF $0.05 EACH COMPRISING 38,000,000 NEW SHARES AND 20,000,000 VENDOR SHARES AS FOLLOWS:(A) 5,800,000 OFFER SHARES AT $0.52 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (B)
      206 words
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      47 6 YOU CAN NOW PUT YOUR CPF SAVINCS IN EIGHT. important All applications for units in eighf must be made on the application forms.,accompanying the prospectus investors must read the prospectus The vatue of the units and the income from them may fall as well as nse BIXtSBAW
      47 words
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      254 8 sgi Trade-In your Used Monitors for up to $1,200* for the SGI 18-Inch Digital LCD Monitor Pure Digital Flat Panel •1600x1024 Super Wide Format Finest Dot-Pitch (0.23 mm! Bundled with Multilink Adapter OR N0.9 32M8 Graphic Accelerator Card Free Delivery and Collection of Used Monitors D«mo Centra a Participating Resetters:
      254 words
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      703 8 EZYHEALTH ASIA PACIFIC LTD (Incorporated in the Republic of Singapore on 14 August 1999) INVITATION IN RESPECT OF 50,000,000 NEW ORDINARY SHARES OF $0.05 EACH BY WAY OF:(1) 2,500,000 OFFER SHARES AT $0.40 FOR EACH OFFER SHARE BY WAY OF PUBUC OFFER; AND (2) 47,500,000 PLACEMENT SHARES AT $0.40 FOR
      703 words
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  • SINGAPORE news
    • Article
      Lock icon Citibank, Philips units clinch SQA accolade
      313 9  -  By, Joyce Koh THIS year's Singapore Quality Award (SQA) went to Citibank's Regional Cash Process Management Unit (RCPMU) and Philips Electronics Singapore, DAP Factory. The two winners, who received the awards yesterday from Trade and Industry Minister George Yeo, were the first Singapore Quality
      313 words
    • Article, Illustration
      Lock icon Diminishing gains from US new orders
      328 9  -  rare on the economy exports Audrey Tan SINGAPORE is no longer benefiting as much from any increase in US new orders, as its exporters continue to lose market share in the world's largest market, says JM Sassoon. Economist Liew Yin Sze says in a
      Source: JM Sassoon  -  328 words
    • Article
      Lock icon Asian bond e-trading planned
      530 9  -  Citigroup, Deutsche, HSBC, Bridge to set up joint ventnre firm Serena Ng CITIGROUP, Deutsche Bank and HSBC three of the region's biggest players in the bond market have tied up with information and technology service provider Bridge to form a regional electronic trading network for fixed
      530 words
    • Article, Illustration
      Lock icon Mannequins make news
      158 9 NO, you were not seeing things if you thought that the blue-and-green mannequins standing around Raffles Place yesterday and holding copies of The Business Times looked suspiciously life-like. All of them were, in fact, human. They were there to launch Citibank and BT's latest product promotion. For
      CHRIS LOH  -  158 words
    • Article
      Lock icon Singapore photonics body launched
      233 9 THE Photonics Association of Singapore and the Singapore Centre of Photonics Excellence (SCOPE) was officially launched yesterday at the third Singapore optics/photonics forum. "Optics is to the 21st century what electronics was to the 20th century" said Liew Heng San, managing director of the Economic Development
      233 words
    • Article
      Lock icon SingNet ties up with Japanese ISP Nifty
      201 9 Link allows Sing Net customers to surf Japanese websites SINGNET has entered into a strategic partnership with Nifty, a Japanese Internet service provider, to offer an expanded range of online services. The partnership will see both Sing Net and Nifty developing direct roaming,
      201 words
    • Article, Illustration
      Lock icon Interim judicial managers appointed for 3 Sogo units
      935 10 Judicial management hearing in High Court scheduled for tomorrow THE domino effect from the Sogo fallout in Japan has spread to Singapore. Interim judicial managers from Ernst Young were yesterday appointed for three Sogo companies here, including Sogo Department Stores (S) Pte
      935 words
    • Article
      Lock icon Generous HDB subsidies for bottom 10%: Dr Tan
      364 10 MORE can be done to provide housing for the bottom 10 per cent of Singaporeans, Deputy Prime Minister Tony Tan said yesterday. Responding to a question on state welfarism at the Singapore Student Symposium 2000, Dr Tan said generous subsidising of flats
      364 words
    • Article
      Lock icon SAF scholarships key to wooing talent: Tony Tan
      194 10 SCHOLARSHIPS still offer the Singapore Armed Forces (SAF) a vital tool to woo the best and the brightest for the country's defence, Deputy Prime Minister Tony Tan said yesterday. Other statutory boards and organisations, he said, should examine whether scholarships were still
      194 words
    • Article
      Lock icon Allgreen sells 80 more units at Queens
      250 10 ALLGREEN Properties yesterday sold over 80 units at 99-year leasehold Queens condominium at Stirling Road, and will release another 195 units today. Since the preview of the project began on Monday, Allgreen has chalked up total sales of some 150 units. The developer
      250 words
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      102 10 l\ pp. mh Pf' mL ■l We could write the book on derivatives, fli It helps that we wrote the alphabet. It bears t ie catch Y designation "FpML? It is the language that enables Internet-based dealing in financial derivatives. We developed "J 4 ■LtJkg" m&*- A *l.^a Sfc Hnmß'
      102 words
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  • MAIL bag
    • Article
      Lock icon Unfair for smaller property developers
      190 11  -  Henry Lim Li Shun I REALLY pity some smaller developers who have been striving so hard over the years and especially those coming out of the recession hangover from the economic crisis of 1997. Whatever the intention of the merger of DBS Land and Pidemco
      190 words
    • Article
      Lock icon Clients gain from independent advice
      291 11  -  David Choo Khoon Meng THE announcement by MAS of the licensing of independent financial advisers (IFAs) in the first quarter of next year has been greeted positively by insurance brokers, but rather guardedly by the larger insurance companies interviewed. Why? The reason seems to be:
      291 words
    • Article, Illustration
      Lock icon Are top salaries and clean govt correlated?
      544 11  -  Lim Tat YOUR editorial "Top Pay for clean government" (BT, July 14) attempts to correlate Singaporeans' acceptance that their government is relatively corruption-free with the "need" to pay their civil servants and politicians mar-ket-related salaries. I do not believe that such a correlation
      544 words
    • Article
      Lock icon Unit trusts must be bought — not sold
      277 11  - Unit trusts must be bought not sold Goh Seng Huat I REFER to the discussion on buying and selling of unit trusts. While fund distributors congratulate themselves for the rapid growth of man aged funds, the current market penetration in Hongkong and Singapore is still a miserable 3 per cent.
      277 words
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      101 11 We welcome letters. E-mail us at btletter@sph.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 bear in
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      10 11 Let independent panel set the pay for ministers, Pg 14
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  • e-NEWS
    • Article
      Lock icon Maybank and Comex in tie-up to target SMEs
      325 12  -  SINGAPORE Raju Chellam MAYBANK Singapore has teamed up with Commerce Exchange (Comex) to make it easy and affordable for small and medium-enterprises to trade on the Internet. This will be done through a programme called the BecomeCo, which will be officially launched
      325 words
    • Article
      Lock icon Microsoft Q4 earnings rise 10% to US$2.4b, beating forecasts
      629 12 CORPORATE RESULTS Lacklustre operations bolstered by huge gains on portfolio investments Reuters [SEATTLE] Microsoft Corp on Tuesday said its profit for the fourth quarter rose 10 per cent, topping Wall Street estimates as gains on the software giant's huge investment portfolio
      Reuters  -  629 words
    • Article
      Lock icon Intel posts record Q2 profits of US$3.1b
      462 12 NEW YORK Revenue rises more than expected, np 23% to USs&3b NYT INTEL Corp, the world's largest semiconductor manufacturer, reported record sec-ond-quarter earnings on Tuesday, largely because of gains on investments. But to Wall Street's relief, the company also reported revenue growth that
      NYT  -  462 words
    • Article
      Lock icon Apple posts higher Q3 sales, lower profit
      346 12 PALO ALTO, California Reuters APPLE Computer Inc on Tuesday reported higher third quarter sales and operating earnings, but said its net income declined because of higher investment gains a year earlier. The company also said that despite overall growth in units sold, sales
      Reuters  -  346 words
    • e Briefs
      • Article
        Lock icon Deutsche Telekom bids for VoiceStream
        65 12 AFP [FRANKFURT] German telecommunications giant Deutsche Telekom is preparing to make a formal offer for US mobile phone operator Voice Stream, Financial Times Deutschland reported yesterday. The newspaper said Deutsche Telekom chairman Ron Sommer hoped to receive the go-ahead for the offer from the German
        AFP  -  65 words
      • Article
        Lock icon Software flaw in Microsoft Outlook
        85 12 AP [WASHINGTON] Two independent researchers have discovered a new way to include malicious code inside Microsoft Outlook e-mail, making it much easier for a hacker to control another person's computer, according to the software company. 'Clearly this is a serious vulnerability," Scott Culp, Microsoft's security
        AP  -  85 words
      • Article
        Lock icon Freeserve loss forecast doubled to £61m
        62 12 Reuters [LONDON] Freeserve's broker CSFB has more than doubled its forecast for 2001 losses at the Internet service provider as additional investment outweighs increased revenues, the Financial Times reported yesterday. CSFB has raised its forecast for pre-tax losses to £60.9 million (5)158.3 million) in
        Reuters  -  62 words
      • Article
        Lock icon Energis signs deal with Orange
        77 12 Bloomberg [LONDON] Energis pic, Britain's largest carrier of Internet traffic, said it signed a three-year contract with Orange, the UK's third largest mobile phone operator, to provide mobile and traditional phone services. The "virtual" wireless service, called Energis Mobile, will begin operating in the third
        Bloomberg  -  77 words
      • Article
        Lock icon Wanadoo up 10% on French debut
        84 12 AFP [PARIS] The price of shares in Wanadoo, the Internet subsidiary of Prance Telecom, rose by 10.5 per cent to 21 euros when trading in the stock began yesterday. About 10 per cent of the company was floated at 19 euros, valuing the business
        AFP  -  84 words
      • Article
        Lock icon Qwest Q2 earnings soar 115%
        70 12 Reuters [NEW YORK] Qwest Communications International, the long-distance telephone company that recently acquired US West Inc, yesterday said its second quarter operating profits rose 115 per cent, beating Wall Street expectations amid strong growth in data and Internet sales. Qwest reported second quarter profits, excluding
        Reuters  -  70 words
    • Article, Illustration
      Lock icon No cash, not even credit cards
      675 12 Cybermeney is gaining currency as an alternative for online transactions Reuters [NEW YORK] Don't buy Pearl Jam's latest CD with dollars. Buy it with beenz. There are no beenz coins or bills. You cannot find beenz at the bank or spend them at your
      Reuters; FILE PHOTO  -  675 words
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      14 12 Ml mill Hull in S'porean to help Taiwan shipping co globalise iff $0 i
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      82 12 275 multi disciplined professionals 1 J| Wj including lawyers, chartered accountants Kv] k K chartered secretaries ,ind bankers have re 4 11 provided confidential and cost effective A* ft com P an V formation in all the major lo.v tax areas including fwan i nil ■Bayy*"" f' -*> "wf ■«»>«
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      71 13 Using our own e-business suite, Oracle saved $1 billion in 1 year. E-business Suite Database Marketing <gf Sales Support (2^ Webstore Procurement Manufacturing (2^ Supply Chain Mgmt Financials Human Resources How much will you save? www.oracle.com Copyright ©2000 Oracle Corporation All rights reserved. Oracle is a registered trademark, and Software
      71 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Thailand needs more Mr Cleans
      717 14  -  niTT^ bottom line OPINION harish mehta The writer is BT's Bangkok correspondent THAILAND has come up with many plans to reform its crisis-ridden economy, but its biggest weakness is the slow pace of implementing those reforms. It is difficult to get things done quickly because
      717 words
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      Lock icon IN OTHER WORDS
      139 14 'In the race between slower domestic demand and the decline in sterling, slower demand is winning.' -Steven Barrow an analyst, on reports that the strength of the British pound is slowing economic growth, keeping inflation in check and reducing the likelihood of an interest rate increase in
      139 words
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      Lock icon Tung's woes in Hongkong
      650 14 EDITORIAL THE political temperature in Hongkong has been rising as legislative elections draw close and as the perception grows that Chief Executive Tung Chee-hwa is floundering. The perceived disarray in the Tung administration has been aggravated by the public housing Fiasco, which saw lawmakers censure the
      650 words
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      Lock icon Let independent panel set the pay for ministers
      1095 14  -  It could study why talented citizens don't want to join the public service and how to attract them By Peter Lee The writer is managing consultant with RDS Remuneration Data Specialists Pte Ltd THE ministerial pay formula is, unfortunately, attracting considerable flak
      1,095 words
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      Lock icon America's delusions of generosity
      744 14  -  COMMENTARY Ihi Paul Krugman The writer is a professor of economics at MIT NYT "MR Clinton," declared the full-page ad in Tuesday's New York Times, "the American people would rather spend US$4O billion (5569.6 billion) to rescue Social Security than to rescue your legacy." The ad
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    • WHAT THE OTHERS SAY
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        Lock icon Nation of pirates
        174 14 PIRACY in Indonesia is far more common than most people care to think. The piracy for which Indonesia has become notorious is not limited to attacks on ships in the Strait of Malacca. Far worse, Indonesia ranks among the world's worst offenders of intellectual property rights. The
        174 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Uchi Tech makes strong debut
        95 15 SECOND board debutante Uchi Technologies dominated trading and was among the day's top gainers yesterday, picking up RM2 70 to close at RM7.50, or 56 per cent above its issue price of RM4.80 Some 4.5 million shares were traded yesterday. Its high for the day
        95 words
      • Article
        Lock icon Pan Malaysia rights active
        82 15 DIVERSIFIED group Pan Malaysia Industries saw active trade for both its shares and rights yesterday, the last day of trading for the group's rights issue. PMI rights gained one sen, or about 40 per cent, to 3.5 sen on Tuesday, when it was the top volume
        82 words
      • Article
        Lock icon Telekom unaffected by failed deal
        63 15  -  Compiled by Diana Oon Abdullah STOCKS of national phone company Telekom were unchanged yesterday at RM 12.80 with 1.5 million shares done, after reports that its proposed deal to sell shares to Japan's Nippon Telephone and Telegraph might have fallen through. Local news reports cited
        63 words
    • Article
      Lock icon M Stanley cuts KL stock weightings
      126 15 KUALA LUMPUR Reuters MORGAN Stanley Dean Witter said it has downgraded Malaysian equities to "underweight" from "overweight" in its Asia-Pacific model portfolio. Less free liquidity for equities and declining earnings revisions were among the reasons for the downgrade, Morgan Stanley regional equities strategist AJay
      Reuters  -  126 words
    • Article
      Lock icon NTT aborts talks for Telekom stake
      537 15 KUALA LUMPUR Demand for a say in running of company rejected: analysts Reuters JAPAN'S Nippon Telegraph and Telephone (NTT) said yesterday that it has abandoned talks to buy a stake in Telekom Malaysia. Analysts said the move could deny Telekom crucial foreign know-how and
      Reuters  -  537 words
    • Article, Illustration
      Lock icon Honda, 2 M'sian car makers to set up RM500m venture
      411 15 KUALA LUMPUR New firm will produce np to 20,000 Hondas annually AP HONDA Motor Co Ltd of Japan yesterday signed a deal to take a 49 per cent stake in a joint-venture company with two Malaysian automotive firms. The national
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      255 15 Vxv -a,- v— -r -->■--1~, i t-4. i p V-X- <-■ -1-T 7r -V -I- -l*' r -A A y •£r~j-~ 1"• f1 i i S j- I I I /"-v-f-f "T'-j 1 i i\ j|/i/ v "Pwf not your trust in money, but put your money In trust." Holmes
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  • REGIONAL news
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      Lock icon Bank Indonesia tightens foreign bank monitoring
      372 16 JAKARTA Sharp watch on rnpiah trading helps currency recoup some of its losses Reuters INDONESIA'S central bank has stepped up monitoring of rupiah trading by Ja karta-based foreign banks, a move which dealers said had partly helped the battered currency recoup some of its
      Reuters; AP  -  372 words
    • Article
      Lock icon Jakarta can't move on rupiah without IMF
      372 16 JAKARTA AFP INDONESIA cannot change its current free-floating for-eign-exchange system without approval from the International Monetary Fund (IMF), a senior minister said yesterday Asked about the possibility of abandoning the free floating of its beleaguered rupiah, Coordinating Minister for Economy Finance and Industry
      AFP  -  372 words
    • Article
      Lock icon Jakarta to probe wealth of officials
      166 16 JAKARTA Panel to be formed, with most members picked by Gns Dor AP THE Indonesian government decided yesterday to set up a special commission to investigate the wealth of government officials, a senior minister said. Minister of State for Ad ministrative Reform Freddy Numberi
      AP  -  166 words
    • NOTE Book
      • Article
        Lock icon Prosecutors to seize Suharto assets
        67 16 AP [JAKARTA] Under pressure to speed up the corruption investigation of ex-president Suharto, prosecutors said yesterday they plan to impound assets belonging to the former dictator this week. The attorney-general's spokesman Yushar Yahya said buildings, land and other assets may be seized today. "We have
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      • Article
        Lock icon MPs gear up to grill Abdurrahman
        62 16 AFP [JAKARTA] Indonesian MPs yesterday prepared to quiz President Abdurrahman Wahid on why he sacked two of his ministers, in what is seen as a trial of political strength. Today's session of the Indonesian lower house (DPR) will be the first time the DPR
        AFP  -  62 words
      • Article
        Lock icon Manila tightens securities law
        68 16 Bloomberg [MANILA] Philippine President Joseph Estrada yesterday signed a new, tougher securities law that authorities hope will help restore investor confidence in the world's fifth worst-performing stock market. The Securities Regulation Code increases penalties on insider trading, price manipulation and other stock market irregularities and streamlines
        Bloomberg  -  68 words
      • Article
        Lock icon Pertamina imports fuel
        62 16 AFP [JAKARTA] Indonesia's state oil and gas company Pertamina is importing premium gasoline from neighbouring countries to cope with drastic shortages in East Java and Bali after a refinery broke down. "We are trying to get (fuel) replacement from Petronas in Malaysia, and also from Singapore and
        AFP  -  62 words
      • Article
        Lock icon Petronas discovers oil off Sabah state
        52 16 Reuters [KUALA LUMPUR] Malaysia's state-oil firm Petronas said yesterday it has discovered oil in the Samarang-Asam Paya production sharing contract area off Sabah state. Tests carried out on the Alab-1 well flowed oil at a rate 0f4,700 barrels per day, it said in a
        Reuters  -  52 words
      • Article
        Lock icon Ibra eyes 1t rupiah from BCA stake sale
        84 16 Reuters [JAKARTA] The Indonesian Bank Restructuring Agency (Ibra) said yesterday it expected to raise around one trillion rupiah (SSI94 billion) in the fourth quarter from the sale of an additional stake in Bank Central Asia (BCA). "(Ibra's) bank restructuring unit is expected
        Reuters  -  84 words
    • Article
      Lock icon Use of online trading facilities sharply up in HK
      445 17  -  From Quak Hiang Whai in Hongkong ONLINE trading is still in its infancy in Hongkong, but the use of such facilities is increasing rapidly, the Securities Futures Commission (SFC) said yesterday. Releasing its latest survey on the use of online facilities
      445 words
    • Article
      Lock icon China may shut down Hainan's investment arm
      508 17 HAIKOU, China Hitic fails to make payment on 14b yen of bonds due in June Bloomberg CHINA'S central bank said it may shut down Hainan International Trust Investment Corp (Hitic), marking the biggest failure of a Chinese provincial investment firm in more than
      Bloomberg  -  508 words
    • Article
      Lock icon Asia M&A deals hit record US$87b in H1
      365 17  -  This ex-Japan figure is doable that of HI 1999; HE has 53% market share From Quak Hiang Whai in Hongkong MERGER and acquisition (M&A) deals in Asia, excluding Japan, soared to a new record of US$B7 billion (Ssls3 billion) during the first
      365 words
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      Lock icon Japan to help make region better for SME investment
      1007 17  -  Riexclusive Move will offset FDI decline since crisis and reduce reliance on supposed IT benefits From Anthony Rowley in Tokyo JAPAN is about to launch a drive aimed at making Asean and other parts of the region more receptive to investment
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      284 16 Shorp Minds, Sharp Products. j^k /f# #r f iin Rkl i Bf' 0 f lV J-, c,\o A/ Sharp... J /n today's world, the beauty of our environment is often neglected V\| and sacrificed We at Shar P are committed to a better tomorrow and l\jv created an LCD AV
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      739 17 wwHJntemettechnoto^yjxm INVITATION IN RESPECT OF 86,000,000 NEW SHARES COMPRISING AS FOLLOWS:1. 9,000,000 OFFER SHARES AT 550.65 FOR EACH OFFER SHARE BY WAY OF PUBUC OFFER: AND 2. 77,000,000 PLACEMENT SHARES BY WAY OF PLACEMENT, COMPRISING:(I) A MINIMUM OF 75,000,000 PLACEMENT SHARES AT 550.65 FOR EACH PLACEMENT SHARE; AND (II) UP
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      201 18 I d ISO 9002 I SP Certificate No: *****4 I jfll v9l I I%* hfffitfM I 41l wi With 80,000 sq.ft. I mU m mlj I A*l EjJ WBr in Loyan Industrial I fr Park, coupled with its I HQ fflßfflffi h. extensive overseas contacts, I I Aqua-Terra offers a
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  • WORLD news
    • Article
      Lock icon Cell phones to carry radiation level label
      252 19 NEW YORK Industry association proposes the move to ease concern over possible health risks NYT MOVING to ease concern over possible health risks from mobile phones, the largest manufacturers of cellular telephones are planning to disclose on their packages the radiation levels emitted
      NYT  -  252 words
    • Article
      Lock icon Electronic systems pose greater risk to older drivers: study
      249 19 WASHINGTON LAT-WP OLDER drivers have a greater risk of car accidents than their younger counterparts while using navigation systems and other electronic communications devices in cars and trucks, according to a new study being reviewed by the US National Highway Traffic
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    • Article
      Lock icon DaimlerChrysler hit by Mitsubishi vehicle recall
      322 19 LONDON Japanese carmaker forced to recall over 500,000 cars, tracks FT DAIMLERCHRYSLER, which is close to taking a 34 per cent stake in Mitsubishi Motors for around US$l.2 billion (Ss2.l billion), learned on Tuesday that the Japanese carmaker is being forced to recall more
      FT  -  322 words
    • Article, Illustration
      Lock icon Don't yak on the phone when driving
      442 19 New York Times recommends state legislation to ban drivers from using mobile phones while on tbe road NYT THERE was a lot of debate about the safety implications of car radios when they were developed over 70 years ago. A similar debate is
      NYT  -  442 words
    • Article
      Lock icon Fed bank's study debunks New Economy inflation claims
      439 20 NEW YORK Falling import prices played a key role in capping US inflation, says paper Reuters A NEW Federal Reserve Bank of New York research paper debunks New Economy claims that rising productivity and technological advances have permanently altered the relationship between
      Reuters  -  439 words
    • Article
      Lock icon 60 rated firms default on US$19.8b in H1: S&P
      394 20 NEW YORK Reuters CORPORATE defaults continue to soar, with the first half of 2000 showing 60 rated or formerly rated companies defaulting on a total of US$l9.B billion (5534.45 billion) worth of debt, according to a new study from Standard Poor's.
      Reuters  -  394 words
    • Article, Illustration
      Lock icon Gas who's sorry now?
      48 20 [SEOUL] An environmental protester, dressed as Death, performing during a rally in Seoul yesterday to protest against the alleged dumping offormaldehyde by US Forces Korea into Seoul's Han River. The protesters, many from environmental groups, demanded an apology from US President Bill Clinton. REUTERS
      REUTERS  -  48 words
    • Article
      Lock icon Fidelity targets tech, biotech and energy
      282 20 BOSTON Tech stocks made up 35% of Magellan in quarter ending Jane Reuters FIDELITY Investments' top managers concentrated on the technology, biotechnology and energy sectors, said analysts reviewing the giant fund family's quarterly fund guide. Magellan fund, the company's biggest portfolio and one of
      Reuters  -  282 words
    • WORLD Watch
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        Lock icon Abbey in talks on property sale/lease
        80 20 Reuters [LONDON] Abbey National said yesterday it was in talks with two bidders on a sale and lease-back deal involving its entire property portfolio, which it said could generate significant proceeds. The two bidders are a partnership between Morgan Stanley Real Estate Fund and
        Reuters  -  80 words
      • Article
        Lock icon BOJ upgrades economic assessment
        91 20 Bloomberg [TOKYO] The Bank of Japan upgraded its monthly assessment of the economy, just two days after it shied away from raising borrowing costs, signalling it's still keen to end 17 months of holding interest rates near zero. The risk of deflation, which prompted the bank
        Bloomberg  -  91 words
      • Article
        Lock icon German business confidence declines
        64 20 Bloomberg [MUNICH] German business confidence unexpectedly declined in June, a sign the European Central Bank's five increases in interest rates in the last eight months may be braking economic growth. An index of confidence among west German executives, based on some 6,000 responses, fell to 100.4
        Bloomberg  -  64 words
    • Article
      Lock icon Vodafone investor revolt threatens chairman
      449 21 LONDON Bonnses for top executives after Mannesmann takeover anger major shareholders Reuters SHAREHOLDER anger over Vodafone chief executive Chris Gent's £10 million (5526.03 million) bonus, and that of other senior executives, mounted yesterday when one of its 10 largest investors threatened to oppose the reelection
      Reuters  -  449 words
    • Article, Illustration
      Lock icon Taking note of the 6-8 Summit
      77 21 [NAHA Okinawa] Economic Planning Agency director-general Taichi Sakaiya (centre) and mayors Yasuhiro Oyadomari (second from left) from Naha City and Isamu Kubota (secondfrom right) from Uji City posing with replicas of the new 2,000-yen bill, which features the Syureimon gate ofShuri castle during a
      AFP  -  77 words
    • Article
      Lock icon Chase Manhattan's Q2 profits down 22%
      393 21 NEW YORK Reuters CHASE Manhattan Corp, the No 3 US bank holding company, said yesterday that its second quarter profits fell 22 per cent, amid a slump in investment gains and slack results in its consumer business. The New York-based banking company, which has
      Reuters  -  393 words
    • Article, Illustration
      Lock icon Citigroup Q2 net rises 23%
      459 21 NEW YORK Bloomberg CITIGROUP Inc, the biggest US financial-services company, said earnings rose 23 per cent in the second quarter, driven by lending to companies. The parent of Citibank, Travelers Property Casualty Corp and Salomon Smith Barney Inc, also announced a 4-for-3 stock split. Profit
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    • CORPORATE Results
      • Article
        Lock icon Bank One posts US$1.27b Q2 loss
        55 21 Reuters [CHICAGO] Bank One Corp yesterday posted a second quarter net loss of US$l.27 billion (552.2 billion) after a US$l.9l billion after-tax charge and slashed its dividend. The loss, equal to US$l.ll a share, compares to profit of US$992 million or 83 cents a
        Reuters  -  55 words
      • Article
        Lock icon Ford earnings climb 9% in Q2
        59 21 Bloomberg [DEARBORN, Michigan] Ford Motor Co said second-quarter earnings rose 8.9 per cent on US demand for luxury cars and sport-utility vehicles. Profit from operations climbed to US$2.7 billion, or US$2.2O a share, from US$2.4B billion, or US$2.OO, a year earlier. Revenue rose 6
        Bloomberg  -  59 words
      • Article
        Lock icon Boeing profit rises 26%
        53 21 Bloomberg [SEATTLE] Boeing Co said profit rose 26 per cent in the second quarter on a surge in jetliner deliveries as it recovered from a 40-day engineers' strike. Profit from operations rose to US$654 million, or 75 cents a share, from US$52O million, or 56 cents,
        Bloomberg  -  53 words
      • Article
        Lock icon Coca-Cola earnings surge 27%
        60 21 Bloomberg [ATLANTA] Coca-Cola Co said second-quarter profit rose 27 per cent on increased sales in Europe, Latin America and Asia. Profit from operations rose to US$l.2 billion, or 44 cents a share, from net income of US$942 million, or 38 cents, a year ago. Sales rose
        Bloomberg  -  60 words
    • Article
      Lock icon Citigroup to pay US$16m for 15% of Taiwan's Fubon Group
      323 21 TAIPEI Bloomberg IN its biggest investment in Asia outside Japan, Citigroup Inc agreed to pay US$Bl6 million (Ssl.4 billion) for 15 per cent stakes in five companies in the Fubon financial group. The transaction would be the largest-ever investment by
      Bloomberg  -  323 words
    • Article
      Lock icon China denies talk of backtracking on bilateral agreements
      356 21  -  Doubts sparked by Chinese attempts to change language in WTO pact Prom D Ravi Kanth in Geneva CHINA'S chief trade negotiator, Long Yongtu, has ruled out the possibility of backtracking on its bilateral agreements with trade majors to join the World Trade
      356 words
    • Article
      Lock icon NAB to contest A$32b claim
      164 21 SYDNEY Bloomberg NATIONAL Australia Bank Ltd, the country's biggest lender by market value, said it will "strongly contest" a AS32 billion (5532.3 billion) damages claim brought against it by Sydney businessman John Maconochie. Mr Maconochie's case, through Idoport Pty and Market Holdings Pty, claims the
      Bloomberg  -  164 words
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      102 19 www.hyunclai motor.com) <D 2002 nn«wicw KDWAjAmN The People's People Carrier The new Hyundai Trajet i JL. j w^viHrair 1 i -y' 1 >—■" -w-~ 1 ft Willi ifAto f* 11 'irn-rw***w -ill' I ■MMB Hyundai proudly presents the perfect MPV for the whole family. |LiJB|BIK£ Hyundai's strive for excellence is
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      918 20 I NOTICES J. P. Morgan Co. Incorporated Parent company of Morgan Guaranty Trust Company of New York JIWI Consolidated statement of income for 1999 JPVI Consolidated balance sheet al December 31, 1999 (Condensed) (Condensed) V In millions, nullum*. Met interest revenue except share data Wets rxcrpi share data Interest revenue
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      854 20 lJAIflf riTIf* To advertise call toll tree 1800-741 1883 *1 W A AvLlM Fax No 741 1298 CORRIGENDUM PACIFIC CAN INVESTMENT HOLDINGS LTD (Injudicial Management) We refer to our Notice of Extraordinary General Meeting which was published in the Business Times on 6 July 2000. Instead of PACIFIC CAN HOLDINGS
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      90 21 Corporate Advantage For more information or W (65) 294-0467. s$S S •Superior Room < 65 > 298 2#38 Complimentary Local Calls r f T 7 r J sales@goldenlandmark.com.sg 311(1 Dailv All rates are subject to service charge, J r r government tax and 3% GST. Late Check Out till 4pm
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  • FINANCE & commodities
    • Article
      Lock icon STI futures turn worst volume into its best ever
      320 22  -  SGX Derivatives TraAin&Reports ST Inde*/MSCI S'pore Index Chan Yet San Refco Singapore THE Singapore stock market yesterday closed at its highest level since May 3. The Straits Times Index gained 30.74 points or 1.46 per cent to end at 2,137.21 points.
      320 words
    • Article
      Lock icon Futures rise 0.5% on strong export numbers
      238 22  -  MSCI Taiwan Index Chan Yet San Refco Singapore THE Taiwan stock market closed just a litUe higher yesterday on good export figures. The MSCI Taiwan Index rose 2.01 points or 0.54 per cent to end at 371.68 points. Trading volume within the index
      238 words
    • Article
      Lock icon Oil stays strong as Opec defers hike
      193 22 ENERGY REPORT Reuters [LONDON] Oil prices remained high yesterday after Opec delayed an output hike. Dealers said word from Opec that an output rise was not imminent would keep the heat under prices. But they remained wary that Saudi Arabia by far the
      Reuters  -  193 words
    • Article
      Lock icon CURRENCY REPORT
      329 22 Reuters London THE euro fell to eight-week troughs against the US dollar and sterling yesterday after its woes were compounded by a weaker-than-expected reading of the German Ifo business climate survey. Ifo's west German business climate index fell to 100.4 in June from a revised 102.0 in May.
      Reuters  -  329 words
    • Article, Illustration
      Lock icon Untitled
      1270 22 IHTKRBAMECEOSS RATES j„ n j) A$ C$ Bmfc Euro Ffr Dm HK$ Ind »i Hup.ah Yen Won BM N2$ Pak »> Peso S$ Band Sfr NTS Baht Pound US$ Australia 0.859 4.831 0.632 4.143 1.235 4.538 26.062 52.176 0.629 6.473 2.212 1.273 30.437 25.906 1.015 4.058 0.978 18.065 23.364 0.390
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      Lock icon Untitled
      1937 22 glCOM yUTUKES .in! in RUBBER (futures dosing as at 5.30pm) RSS1 CONTRACTS cents/kg) Close Volume Opto Month High Low Sett (tonnes) Interest Aug 00 112.50 Sep 00 115.75 400 Oct 00 117.00 Nov 00 117.75 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Aug 00
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  • STOCKS east asia
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      Lock icon H-shares shine as HK rises on benign US data
      2849 23 HONGKONG Reuters Q Hang Seng +269.24 HONGKONG stocks rose yesterday as tame inflation data and strong earnings out of the US encouraged investors to buy stocks considered to have been oversold on Tuesday. Volume was relatively thin, however, and the broader
      Reuters  -  2,849 words
    • Article
      Lock icon Stocks end mixed as selling peters out
      2027 23 TOKYO Reuters p Nikkei 225 +3&SO TOKYO stocks closed mixed but off lows yesterday, with light bargain-hunting helping some large-cap high-tech issues to pare morning losses following overnight falls in their US counterparts. Some Internet stocks such as Oracle Corp Japan and Hikari
      Reuters  -  2,027 words
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      Lock icon CHINA
      1014 23 Reuters CI Shenzhen B Index -0.61 CHINA'S hard currency B shares ended lower yesterday on jitters over companies' interim results, but they were supported by domestic A stocks which touched new highs. The Shanghai B Share Index extended earlier losses to end down 1.02 per cent, or 0.60 of
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,014 words
    • Article
      Lock icon TAIPEI
      372 23 AFP Q VP Index +43J0 TAIWAN share prices closed 0.5 per cent higher yesterday on buying of financial and technology stocks, dealers said. The Taiwan Stock Exchange Weighted Price Index soared 43.10 points to 8,411.88, on turnover of NT560.91 billion. "The market has become more stable following a 2.5per
      AFP  -  372 words
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      102 23 NOTICE IS HEREBY GIVEN that I,ANGEUA DEVI of Blk 406 #07-14 Woodlands Street 41 Singapore *****6, have applied for a Retail Liquor Shop Licence in respect of M/s Sathyah Provision Shop located at Blk 304 *01-119 Woodlands Street 31, Singapore *****4, and that this application will be considered by the
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      107 23 NOTICE IS HEREBY GIVEN that I, CHEONG KOK YUEN of *04-1633 Ang Mo Kio Ave 10 Blk 445 Singapore *****5, have applied for a Ist Class Licence in respect of M/s Bather's Cafe and restaurant located at 41, Sunset Way *01-03/02 Clementi Arcade Singapore *****1, and that this application will
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      107 23 NOTICE IS HEREBY GIVEN that I, MDM LEE CHENG LIAN of Blk 20 Westwood Terrace (Westville) Singapore *****3, have applied for a Retail Liquor Shop Licence in respect of M/s Li Li Cheng (Branch) located at Blk 651 Jurong West St 61 *01-01 Singapore *****1, and that this application will
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      107 23 NOTICE IS HEREBY GIVEN that I, LAU CHUEN KIANG of Blk 426 Ang Mo Kio Ave 3 *07-2556 Singapore *****6, have applied for a Retail Beer Shop Licence in respect of M/s Lau Soon Huat Minimart located at Blk 729 Woodlands Circle *01-47, Singapore *****9, and that this application will
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  • STOCKS klse
    • Article, Illustration
      Lock icon Market volatile but ends firmer on late buying
      447 24 AFP Q Composite Index +182 MALAYSIAN shares ended 0.3 per cent higher yesterday after late buying reversed earlier losses, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 2.82 points to finish at 840.85, off the day's low of 830.85. The
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      8489 24 INDUSTRIALS Cmsimt product i 2000 Last Vol Oey Net Cat La Company M OOO Nlflh Law P It $mtl 420 3,0 Ajinomoto 356 unch 1 356 356 19 5 W4 3 62 Angfcasa ,79 2 25 AO 77 MJ llln jlnS Hlg 4 *0 20 460 460 100 1840 «2?
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      111 24 NOTICE IS HEREBY GIVEN that I, QIJAH TIEN S(X)N of Apt Blk 242, Pasir Ris St 21 *04-97 Singapore *****2, have applied for a Wholesale Beer Shop Licence in respect of M/s LSG-Paulaner Brauhaus Singapore Pte Ltd located at 9 Raffles Boulevard, Millenia Walk, #01-01, #02-01, #03-01, Singapore *****6, and
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      Lock icon Page 24 Advertisements Column 2
      109 24 NOTICE IS HEREBY GIVEN that I, TAN CHYE HUAT of Blk 248, #15-488, Choa Chua Kang Ave 2 Singapore *****8, have applied for a Public House, First Class Licence in respect of M/s Denny's Restaurant located at 6 Raffles Boulevard #01 -201 A Marina Square Singapore *****4, and that this
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3278 25 BOHPS WARRANTS jw» Wt tats tnmt Upry U «Mt iMt W tar a* ituM Can tin Mac mm N# l» Cwfwi I* ««r- (too) N* lot Orr« I* Ma Mil tail* Mn Omfcpt UN 51.5 16.5 s Acma W*****4 19 unch 207 19.5 18.5 18.5 19 19 41.0 I 300
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      Lock icon SEOUL
      309 25 AFP n Composite Index -15.03 SOUTH Korea's Composite Index yesterday closed down 15.03 points at 797.30. Volume was 438 million shares worth 2.8 trillion won. AFP Jw 19 —I Anim Sent* ***** 500 Brain T*ch 885 -20 Central Ban* 990 -5 CheilComm *****0 -***** Dm Gu Bank 2250 0
      AFP  -  309 words
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      Lock icon MANILA
      276 25 AFP Q Composite Index -ILB6 PHILIPPINE shares closed 0.7 per cent lower yesterday following a slide in US stocks and concerns over the Muslim insurgency problem in the southern Mindanao island, brokers said. The Composite Index fell 11.86 points to 1,493.74 on lower turnover. -AFP Join P.M 000) MRC
      AFP  -  276 words
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      Lock icon WELLINGTON
      276 25 AFP QNZSE-40 -7.64 NEW Zealand stocks finished 0.4 per cent lower yesterday as Telecom lost some of its gains made on Tuesday, dealers said. The benchmark NZSE-40 Capital Index closed down 7.64 points at 2,131.89 on turnover of NZ579.7 million. Ml* U$ (000) Advantaga MOS I 2.75 0.05 52
      AFP  -  276 words
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      Lock icon SYDNEY
      551 25 AFP n All Ordinaries -L5O AUSTRALIAN shares ended down 0.04 per cent yesterday as falls in telecom stocks offset gains in other blue chips led by News Corp. The All Ordinaries Index fell 1.5 points to 3258.80, while the SP/ASX2OO closed one point weaker at 3299.60. Preliminary national turnover
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      Lock icon BANGKOK
      770 25 AFP Q SET Index +Ll5 THAI share prices inched up 0.4 per cent yesterday in extremely thin trade as local and foreign institutional investors stayed out of the market, analysts said. The Stock Exchange of Thailand (SET) Index added 1.15 points to finish at 314.54, while the SET 50
      AFP  -  770 words
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      Lock icon JAKARTA
      709 25 AFP □Composite Index +6.73 INDONESIAN share prices closed up 1.3 per cent yesterday on interest in blue chips which was prompted by the firmer rupiah, dealers said. However, trading volume remained thin, with retail investors preferring to play on second and third line stocks. The Jakarta Stock Exchange Composite
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  • Article
    Lock icon STOCKS sgx
    9765 26 mn mm rimmmmamimmmm- mmmmm mm SGX MAINBOARD Transaction date: Jul 19 Cr Cr M wt S2-Wk Last Vol Day Last Quote Dlv Dtv YW Nat Cap Avg M.gh Low Company Salo COOO) Mign Low Buyer Setter Cw P/t $mll Prtea MULTI-INDUSTRY 163 101 m c Ac ma 50c
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      46 26 Mlfcr I OFFICIAL COSMONAUTS CHRONOGRAPH (||H a3O J*'" vo/^' s JMI^ J OF THE TRAINING CENTRE STAR CITY s/nce 7972 sw/ss Authorised dealers Cortina Watch (Paragon: 235 0084; Raffles City: 339 9185) Deluxe Eastern (Centrepoint): 235 2536 Roy Eastern Watch (Lucky Plaza): 734 3139 t J
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      211 27 Where to wine, dine and entertains (»|sa maHRA Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: #23 (Adult), 40°/o discount (Child) Dinner: #26 (Adult), 40% discount (Child) For reservations, please call 290 8005/299 9011. Prices sub/eel to itmcc charge govt,
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      76 27 r o v HOTEL GRAND CENTRAL UMITEO 22 Orchard Road/Cavenagh Road. Singapore *****7 Tel: 737 9944 Ext 400/02 Fax: 733 3175 Fine Dining In A Contemporary Mode iulift NORTH INDIAN RESTAURANT Estd. 1971 Buffet Lunch: 12.00pm-2JO pm A La Carte Dinner: 6JO pm-IOJOpm Indulge in exotic Rajasthani, Gujarati. Punjabi and
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      214 27 I J »«S PONT/N f a trcixly new york style iLilian trattoria with private dining rooms IKI» «)ICII I jl. 'j f.n- UilV miiilmu, |<kjtr »ll £C 1 131 392 hinclock IOiJ, Singapore 1C06C3 GRAND telephone: (C.5) 733 08U0 lanimilc: (Gil 737 3880 COPTHORNE email: jmi copthornr# c Jlho trl*.com.<9
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  • Page 27 Miscellaneous
    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 1
      932 27 TVF.'i#:n ■—Central 530 New Clips 0n The 415 Love Is Payable. 12.00 MN Headlines. Block. 5.10 Love At Last. 12.02 AM One Hour News. 9.00 AM Kids Central: 6.00 Wheel of Fortune. 1.00 Business Tonight. 6-30 What Went Wrong? Suria 1.30 ThisWeeklnlndia.fr> a e r 7-00 SOF: Special Ops 3.00
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    • Miscellaneous
      Lock icon Page 27 Miscellaneous Column 2
      295 27 CRYPTIC CROSSWORD ACROSS (7) 6 Comfortable and economical Sal repositioned a book that rate for a car or for a pleasure- was obliquely across (6) boat perhaps (8,5) 5 Locked up again? Feel re--8 Cooked not completely morse (6) on the grating (6) 6 Matching letter for letter? (13) 9
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  • MOTORING page
    • BUMPER to BUMPER
      • Article
        Lock icon Buy a car at the Car-nival
        106 28 SHOPPING for a car 9 Why not head down to Marina South (Carpark A) for the annual Car-nival this Sunday. Organised by Singapore Press Holdings Classified since 1995, this year's event promises the latest models from Daewoo, Hyundai, Kia, Mitsubishi, Opel, Proton, Renault, Seat,
        106 words
      • Article
        Lock icon Lee Chiu San joins Starsauto as GM
        137 28 LEE CHIU SAN, the vocal motorsports driver and veteran motor trader, has joined Daewoo distributor Starsauto as general manager. Mr Lee was previously with rental company General Cars, now-defunct Fiat agency Auto Asia, and Inchcape-owned Suzuki agency Champion Motors. With the move, he
        137 words
      • Article, Illustration
        Lock icon BMW 328i judged safest car in test
        64 28 THE BMW 328 i has emerged as the safest car among five mid-sized luxury sedans in a recent crash test conducted by the Insurance Institute for Highway Safety. The Beemer emerged from the 64 kmh offset crash test with its passenger cell intact.
        64 words
      • Article
        Lock icon Renault shifts regional HQ to Japan
        172 28 RENAULT has moved its Asia-Pacific office out of Singapore to Japan. The French carmaker set up its regional headquarters here in 1998 its very first as part of an effort to boost sales in these parts to 100,000 units by 2001 (from 4,100 in
        172 words
      • Article
        Lock icon Toyota jazzes up its image with ESPN
        82 28  -  Compiled by Christopher Tan DO you associate Toyota with extreme sports? Get used to the idea. The Japanese carmaker has teamed up with ESPN to sponsor the Asian X Games Qualifier, which will take place in Phuket from Dec 7 to 10. And
        82 words
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      Lock icon Battle for the top spot
      801 28 If Ford succeeds in adding Daewoo to its stable, it just might topple GM from the No 1 spot this year PORD Motor Co, currently the world's second largest vehicle maker, looks poised to topple General Motors from the king-of-the-hill spot round the next bend
      801 words
    • Article
      Lock icon BMW expects Asian sales to repeat 1997 record by 2001
      419 28 BMW expects to repeat 1997's record sales in Asia by next year, the head of its regional office said this week. Felix Herrnberger, managing director of BMW Asia, said signs point to a recovery in the regional economies and indications
      419 words
    • Article
      Lock icon C-class launch: C&C aims to pip parallel importers
      238 28  -  AD reports By Christopher Tan CYCLE Carriage is doing it again. In an apparent bid to beat the parallel importers at their own game, the listed authorised Merce-des-Benz agent is flying in the new C-class for an earlier-than-expected launch next Friday. The
      238 words
    • Article
      Lock icon The OMV guide
      1205 28 Average open market value (OMV) of cars registered h June. M00aV W E OC AVEOMV® MOOSjMAKE CC AVE OMVfS) ALM no»!co A\ *2 nmumntG 1500 i 7J oi5 Mmmnia Aiesao 25® rowpLAsgneGA 159B 18.073 AUDI A31.6A3DFt 1i5Q6 21.363 FOHDLASffneLX 159B 16.106 MJOIA41.6MOR 1.596 ***** PWBM0NDe02iW 138B *****
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      30 29 h °^ip^ ciNG yourneeds HlBWli^^T^^^ I <f Bedok°44SBoll Bukit Timah 467 1916 MOT I IMF" QQO HCQQ 5 Ang Mo Kio: 458 4222 Serangoon: 299 8855 lIV I OOV WWOO
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  • EXECUTIVE Suite
    • HOUSEHUNT
      • Article
        Lock icon Property transactions for selected districts lodged between June 12 and July 17.
        2046 29 sSSftSlf ™Sf U*™™ TBMl 1 "ifj «F PROJECT NAME/ PROP CONTRACT TENURE 0ULT-W PIKE PSF NAME TYPE OWE LAMO AREA* STREET NAME TYPE QATl LMOMEA* (SOFT) (SJQOO) (S$) (son) (STOOO) (SS) District 02 Island View Apt 16/05/00 999
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        Lock icon New homes for sale
        398 29 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE IM'IL f'TifJfig (aq(l) LAUNCHED UMT8SOLD (Spsf) Craig Place Craig Devt 2 Craig Rd 560-2,174 58 40 940 99^yT River Piace FEO 3 Havelock Rd 678-3.229 509 379 960 99-yr Grange 70 Lucky Realty 9 Grange Rd
        398 words
    • PERSONAL SPACE
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        Lock icon Past perfect
        1749 30  -  Lewis Mitchell and Patricia Britton love old things for just what they are. PARVATHINAYAR drops in for tea and a slice of history PARVATHI NAYAR ou live in a museum, said a visitor to the five-room apartment W of Lewis Mitchell, Patricia Britton and Bobby, their dog. The
        PHOTOS: SIEW YAW HOONG  -  1,749 words
    • PROPERTY
      • Article
        Lock icon Going overseas to hedge risk
        412 31  -  COVER STORY: JEFFREY HENG, CENTREPOINT It//] Kalpana Rashiwala CENTREPOINT Properties ventured into the I/ondon and Australian residential property development sectors earlier this year to broaden its development property base and lessen the cyclical effects of the Singapore residential market. "Trying to do developments overseas has
        412 words
      • Article
        Lock icon A city man through and through
        256 31 EVEN as a student at St Joseph's Institution, Jeffrey Heng had been fascinated by cities. And true to that early spark, he later became a planner at the Urban Redevelopment Authority of Singapore, where he helped shape the city's landscape for 14 years. During
        256 words
      • Article
        Lock icon DTZ hires ex-Richard Ellis directors in NY
        342 31  -  Appointments will strengthen its corporate services team ity Andrea Tan PROPERTY consultancy DTZ Staubach Tie Leung has roped in the global tenant representation team of competitor CB Richard Ellis based in New York. It recently appointed Dino DiPiccini, Gerald Younce and Jill Gambino,
        342 words
    • Article, Illustration
      Lock icon From landlord to trader
      1067 32  -  In search of higher returns on equity, Jeffrey Heng is leading Centrepoint Properties towards better margins from development projects. KALPANA RASHIWALA finds out why and how KALPANA RASHIWALA NO ONE is more aware than Centre point Properties' Jeffrey Heng that the days when property companies could
      ARTHUR LEE  -  1,067 words
    • Article
      Lock icon 6-12 months before market moves
      358 32 IT may take another six to 12 months to break the current impasse between buyers and sellers in the Singapore residential property market, says Centrepoint Properties' Jeffrey Heng. Apart from the oversupply, "prices are still quite difficult for upgraders to commit themselves to buy a
      358 words
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      159 30 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hragtmng Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants For
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      162 30 BRAND NEW WAREHOUSE AT CHANGI SOUTH LANE FOR LEASE 3-storey warehouse with ancillary office Available space: Approx. 121,000 sq.ft (Sub-divisible) Clear Ceiling Height: 7.8 m Floor Loading: 20 KN/sq.m T.O.P obtained Excellent Corporate Image Debenham J Tie Leung For Sale Luxurious Bungalow Site at Belmont Road Legal Description Lot 187-154
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      150 31 I >*w '<v. v x: i urdiiu H>«»fr-,-; Australia's finest commercial s V *;*v^ i v ■"•''■^•^o^B y,. development ■ekH* •7"«*«.' i Introducing Grand Central, corner 7L Bourke William Streets Melbourne ..v" s .y, CBD s first new premium office space M»V since 1994 IK" C that physical space in
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      282 33 Reuters THE Baltic Dry index (BDI) rose five points to 1,626, the Baltic Panamax Index gained six points to 1,626, the Baltic Handy Index firmed seven points to 1,118 and the Baltic Capesize Index was up one point to 2,143. At 1300 GMT, BIFFEX was unchanged and tradeless
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      Lock icon MARITIME STOCKS
      294 33 S6X '000 ■MM SS »<M CWT Distribution 0.80 -O.OI 23 Chuan Hup 0.39 unch 738 Cosco Investment Oil unch 521 Freight Links -.0.22 -0.01 463 G8 Holdings 0.65 unch 0 Hai Sun Hup.. 0.39 0.01 312 >MC Holdhigs-HK 5.60 unch 0 Jay a Holdings 0.18 -0.01 192 KeppelCorp
      294 words
    • Article
      Lock icon Ex-RCL veteran sets up own feeder company
      519 33  -  Key management staff in New Econ Line are also former RCL employees By Ann Toh [SINGAPORE] Ex Regional Container Lines (RCL) stalwart Chan Tuck Hoi has set up a new feeder company, New Econ Line, based in Singapore which is poised to compete
      519 words
    • Article, Illustration
      Lock icon OOCL's Jim Poon to retire
      196 33  -  -By P T Bangsberg [MANILA] One of the best known characters in the world maritime sphere is planning to retire this autumn, after more than three decades in the business Jim Poon (right), now Asia-Pacific managing director at Orient Overseas Container Line Ltd, will remain
      196 words
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      Lock icon Biggest and newest
      68 33 [LONDON] The world s largest sailing ship, the Royal Clipper, sailing along the River Thames on its maiden voyage. The 439-ft vessel is the first five-masted sailing ship to be built in nearly 100 years. Carrying 228 passengers and with a crew of 106, the ship was
      AP  -  68 words
    • Article
      Lock icon NZ port operator's volume up
      228 33 Reuters (WELLINGTONI New Zealand port operator Forts of Auckland yesterday reported a 1.2 per cent rise in total volumes to 12 8 million tonnes for the year to June. The rise was achieved through higher breakbulk cargo up 4.3 per cent to 4.4 million tonnes
      Reuters  -  228 words
    • Article
      Lock icon S Africa denies it refused shelter to bulk carrier
      422 33  -  on, SPILL OPP SOUTH AFRICA Donald Urquhart [SINGAPORE] The South African marine authority has vehemently denied allega tibns that it refused shelter to the stricken bulk carrier Treasure leading up to its eventual sinking and subsequent oil spill. The allegations were
      422 words
    • TAIWAN aviation
      • Article, Illustration
        Lock icon Industry struggling to lift off
        704 34 Fledgling industry has been hard hit by slow demand, despite a push for joint overseas ventures AFP (TAIPEI) TAIWAN'S fledgling aviation industry has been hard hit by slow international demand, and things are not expected to improve before the end of 2001 despite a push
        AFP; FILE PHOTO  -  704 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      200 34 PAGE 0>ak Lloyd 8 ACL 6 Donqnama 3 ANL 3 Eas,rafls 6 Accord 8 £CL Appenship 5 L,ne 6 Assets 8 tver re n 6 Austral 8 n Sun 8 Bala)« Shpg 5 Gemartrans 6 BSA 7 Hanqli 7 B tang Mas 8 3 CCNI 7 Heung-A
      200 words
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      Lock icon SHIPPING GUIDE
      17639 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage THeonone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number t« To BRISBANE (BNE) 2058 Australia To ABIDJAN (A 8 J) 2003 Cote DI voire v/m m/m Hamm itha bhum vm
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    • SHIPS IN PORT
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        Lock icon CONVENTIONAL WHARVES
        791 44 Vessel Voy No Berth Arrival Departure Bra.esuccess 57* JZ3 19/07/2:55 24/07/600 Sakti 32 J07 19/07/7:10 19/07/17:00 Gtobaiameric VOOI J16 19/07/8:05 19/07/17:00 Bixhmtfi Inda Jul-01 J02 19/07/8:00 19/07/2300 C Success 19 Jul J09 19/07/8:35 19/07/1500 Cbengal C***** J09 19/07/8:15 19/07/18:00 •lost* I 68S00 J03 19/07/8:45 20/07/6:30 wmtiaefu 111 90
        791 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1995 44 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy Ik) Etb/Btr Period From To From A LAM JAY A 2 8700 IV *00 It It/1500 N/l*59 N/1900 2A IS/1700 19/0159 >9/0900 21 It/1700 19/0*49 19/0900 3 19/0700 19/1159 19/1400 19/1200 19/1459 19/1700 «Bin 9M tmam
        1,995 words
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        Lock icon GLOBAL HOLIDAYS
        187 44 Jul 20 Japan: Marine Day. Au# 9 Singapore: National Day. Aug 12 Thailand: HM The Queen's Birthday. Aug IS Germany: Assumption Day. Korea: Liberation Day. Aug 17 Indonesia: Independence Day. Aug 27 Philippines: National Heroes Day. Aug 28 United Kingdom: Summer Bank Holiday. Aug 31 Malaysia: National Day.
        187 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        787 44 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        787 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        595 44 Carbon 180 Mo 990.8 0.5 18.9 0.08 78 0.04 Jul 14 Density Wit*r Reiidue Ash Aluminium Sediment No above E2S 0 0 4 0 0 0 380 Ave 986.4 0.2 0.4 0.06 43 0.02 Cum 380 Max 993.9 0.6 18.2 0.09 99 0.04 WM*3 «/y M/M
        595 words
    • AIR & LAND transport
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        Lock icon Asian airlines may raise fares due to higher fuel costs
        641 45 Air traffic growth to maintain double-digit recovery rate: Asian-Pacific airline group Reuters [KUALA LUMPUR) Asian carriers may have to increase air fares to cope with rising jet fuel costs despite improving passenger and freight load factors, an industry official said.
        Reuters; REUTERS  -  641 words
      • Article, Illustration
        Lock icon Indian officials passing the buck in Alliance Air crash
        557 45 Speculation rife on why plane suddenly lost height before landing AP [PATNA, India] Two days after a government-owned Boeing 737 crashed in flames into an apartment block near the airport, officials are blaming each other for the accident that killed 56
        AP  -  557 words
      • Article
        Lock icon One day soon we'll be flying on advertising tubes
        475 45  -  =\YKI commentary TOM TEEPEN on one more reason to fear flying TOM TEEPEN The writer is a columnist for Cox Newspapers AP THERE'S a move afoot to plaster ads on the overhead luggage bins in airliners and it is hard to
        AP  -  475 words
      • Article
        Lock icon Eurostar's revenues in first half 9% higher
        287 45 Bloomberg [LONDON) Eurostar Group, the company that operates high-speed train services between London, Paris and Brussels, said first-half sales rose 9 per cent, helped by sales promotions and a buoyant economy. The company said revenue in the six months through June rose to
        Bloomberg  -  287 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1999 45 CUV FLIGHT ETA FLIGHT ETD N***** 1605 LH6373 2350 Adelaide BA7381 1930 BA7382 2055 ****** 1605 S026 2350 0F81 1930 0f82 2055 AM229 W Vn IH6380 22» SO7183 2335 SO229 2230 FukuoU S0989 1530 $0990 01W Amsterdam $0327 0715 KL0844 0040 Guanqzhou $0803 1910 C2352 0910
        1,999 words
      • Article
        Lock icon Impulse Air to offer cheaper fares on Internet
        192 45 Bloomberg [SYDNEYJ Impulse Airlines, an Australian low-cost airline, said it plans to offer lower airfares on some of its MelbourneSydney flights to customers making Internet reservations, hoping to boost demand. Sydney-based Impulse said the price will "substantially undercut" the As 99 (S$100.98)
        Bloomberg  -  192 words
    • LOGISTICS page
      • Article, Illustration
        Lock icon Emery bags deal to handle Tyco unit's logistics in Asia-Pac
        544 46  -  It will provide integrated solutions to its largest healthcare client from S'pore headquarters By Ann Toh [SINGAPORE] US-based supply chain management company Emery Worldwide has clinched its largest healthcare logistics contract in the Asia-Pacific from Tyco Healthcare, a unit of
        544 words
      • Article
        Lock icon FedEx improves network
        200 46 [SINGAPORE] FedEx Express has reconfigured its express transportation network between Europe and Asia. The service enhancements will allow customers in India to ship their products to the US East Coast one business day earlier. Companies in South-east Asia which do business in Europe will also be able
        200 words
      • Article
        Lock icon Forbes' vote for best websites
        220 46 [SINGAPORE] Forbes magazine has named the 20 best US transportation and logistics portals in its list of winning business-to-business sites, from a field of more than 50 sites launched last year. Each company was judged on its strategy, execution and financial staying power. The list
        220 words
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      108 33 LOGISTICS PAGE Emery bags its biggest Hp healthcare j Asia-Pacific Backpage Taiwan aviation industry struggles to take off page 2 Asian airlines may raise fares Aircraft schedule Page 13 v^y's';'; The movers and shakers of "-;.r' shipping are sailing into Singapore in September for MARTECH 2000 an Mmm ,ntematlona l
      108 words
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      209 34 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com apjedulss Sriiprrsric zjurnrmry mi ■■mm pwiiwum n n m rumniwii—Mfrruiwii-iii gj——
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      Lock icon Page 34 Advertisements Column 2
      749 34 Lines services represented by r Members of the Registry of rxWgKjmjj) Accredited Shipping Agents, nS*iSingapore Shipping Association Members of the Singapore Logistics Association g LILY LINE MALE VESSEL VOY TETA f~EU ETA P. KLANG SPORE MALE Empress Lily VO6OO 19/07 21/07 29/07 Princess Lily VO5OO 06/08 10/08 17/08 Empress Lily
      749 words
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      1078 35 SAX SERVICE (DIRECT) VBSa VOY SM ETA LAX OAK Ml HOU 01 OX MEM All NYC AK TURQUOISE 035E 26/07 10/06 15/08 15/08 15/01 15/06 15/06 15/06 16/06 16/08 Aft SARDONYX 0221 02/08 17/06 22/08 22/08 22/08 22/06 22/06 22/08 24/06 24/06 An TOURMALINE 036E 09/08 24/06 29/08 29/08 29/08
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      1813 35 @(«st«atf Wm Helta*: HANJIN SHIPPING Wl£~ iKsMyilw -s«ta *****30 HANJIN SHIPPING (S) PTE ITD Imp hom« com BOOKING *****35 737 UIK *****74 731 DOCUMENT *****/1 774 OftUTKMft *****50 751 MAIN I INS *****55 fU *****45 CI NO **********0 M I TO NW USA CANADA I USA CANADA* FM VSI/VOY |MM
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      Lock icon Page 35 Advertisements Column 3
      393 35 VBSa VOY_ SIN PKG VOT SIN HKG KEL USH PUS VBSO VOT SIN JKT SUB KMTC PUSAN OIOS 21/07 20/07 30/07 01/00 02/00 HftAX SiifiS ZLZSZ Z2ZBZ 122 M JIM ACXLH.T 0330 22/07 26/07 21/07 gKMLMI OIOS CT/D7 30/07 FUNCONIA 004 S 30/07 01/S 03/S INGAS 102S 23/07 02/01 20/07
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      1707 36 SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN^:ANAPA WW SH LEH HTM ANB HAW BUY FU Vtsstl VOT GfT Sff TO JM BFTH PUUNSENATM QOI4W 1107 04 08 0(01 07 08 Old M 0( 10 01 PATHOSSENATOR 083SW 18 07 Mr 01 M MM MM ~lFm HANJM OREMEN 0050W 2117 13 M
      1,707 words
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      999 36 p, Ai MAP-MFLS S'PfIRF M'CIA Carrier: MN CONTR LINES, INC P. GUOANG: (07) *****28 I l\-/ J OWWO:1200S7aoooog SOU: (084) *****9 MAMLA: (632) *****24 PEHANQ: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31)*****11 P. KELAWG: (03) *****77 JKT: (21) *****45 KUCMNG (082) *****1.3 BARCELONA MV "VILLE D ORION" V.MW-335 ETA SIN:
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      Lock icon Page 36 Advertisements Column 3
      683 36 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS MULUNO. MUMBAICOLOMM ALSO ACCEPTING TO AU NORTHERN AND WESTERN I C O FONTS VMMI S PORE N SHEVA COLOMBO P KLAN6 CAPE CANAVERAL Vl2fW 23 JUL 11 AUG OS AUG 11 AUG TULSIOAS ¥121 30 JUL MAUG 12 AUG II AUG CAPE CREUS
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      1911 37 lOVISSB. VOY HKG KHH I SIN I PKL PXB U DAM BIK IRAN TEHRAN PCL-164 21/07 23/07 28/07 29/07 06/0S 07/08 09/08 11/08 IRAN TABATABAEI PCI-165 28/07 30/07 04/08 05/08 13/08 14/08 16/08 18/08 IRAN ISFAHAN PCL-166 04/08 06/08 11/08 12/08 20/08 21/08 23/08 2S/08 •RAN BAAKERI PCL-167 11/08 13/08
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      Lock icon Page 37 Advertisements Column 2
      1135 37 NiW SIKVICI 1 Or WtfCT TO COLOMBO I m 5 DAYS I IYHTY WIMtfSIAY J I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (l/L) *****02 JOHORE OFFICE: S3S&2SE* m LTO SALIS/IKGS *****57/43 INWARD DEPT (D/ 0) *****86 COSTAR AGENCIES (M) SDN BHD SINGAPORE *****8
      1,135 words
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      1346 37 EUROPf EXPRESS SEKVICt EXPORT IMPORT VHXt vor SIN LEH DIN U« ham IHV Fix VISSU VOT KTM HAM FIX l£H SIN HJ POKTIAKD 038W 25.07 11, 08 13/08. 14/08 15/08 16/08 .17.08 HJ AMSTERDAM 004E 29 06 *01/07 03 07 0607 2307 fr .01 WW.OI, 08 18.08 70 .08 21/08
      1,346 words
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      1009 38 I_ tr i I SCf I RDM HOG THP ZEE I ANW ILHV WD Wf-OM 72/07 10/08TT7/08 '14/08 I ISAM 17/01' 14/08 -30/QL .11/ 08 19 08 t 21/08 77, 08 24 08 23, 08 I :f W 014 05/08 24/08 74/08 I 71/01 W/oTj 31/08 30/08 CCEPTIMG CARGO TO
      1,009 words
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      1002 38 a W7"= ADVANCE CONTAINER LINES (PTE) LTD ML. I_- TEL: *****21. FAX *****19. TELEX :RS ***** ACLPL CR NO. **********06 KM BOOKINGS PLEASE CAU: *****22 SALES A MARKETING *****21 2t EAMCKOK JAKARTA (7 Uiimtt/VNrt) vtssti VPT sm KK vtssa I voy I sm —*r YANTRA BHUM (fftJ] 350N 22/7 Stf
      1,002 words
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      401 38 SO TELOK BLANGAH ROAD *02-02 OTIPORT CENTRE S PORE *****0 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR WO. **********0W KSSa W Ett EID QESTMATDN NAOIKWA 31AM 72X1TM ZUfltim P*LH*MHG"«UfrOK" P*L BALAM KAGURI 0&2000 2M7/2M 2M7«1 PALBNONftPBMWMG kaguri warn tmnm omm pontvmiw For enqyines and bookings please contact
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      382 39 BSfl ik mm MYANMA iBBHk FIVE STAR LINE (Myonnar Notional Um) Loading for YangON VESSU VOY SM Ptl PEN PGU MAWLAMYINE 90W SU) SAGAING OW SU MALAYSIA AGENTS: IOUSTEAD SNIPPING AGENCIES KUL TU (03)*****00 PKL TU (03) 376*101 PEN: TU (04)2****** PGU; TU (07) *****21/4 BANK LINE (A service of
      382 words
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      1173 39 MMHW= HYUNDAI MERCHANT MARINE CO., LTD. [Vtssa VOY SOU I IB< I TU I AWT I NAM! I WV~[ IVBSU VOY I SOU (EH I RIM ANT HAM WV SM TYNE S3BW 21/07 11/01 12/01 04/08 00/00 HYGBOAI 3251 05/07 28/0* 04/07 01/07 22/07 £*®2 VJmi 1^2 w/01 wo> 0,11
      1,173 words
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      727 39 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVYUFT SERVICE" IVISSII VOY RAMP HEIGHT SIN LBC MAO MIA SAV 6AL OKf NYC NEW MOI TAIA6OT AHOIS 400TMI 6.3 M 25/07 25/01 02/09 05/09 OTTW" WTOT TO7W~ TJTOT TSTOT WoT TAMPERE AHOI6 4001 ms 6.3 M 10/09 09/09 17/09
      727 words
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      1743 40 MIWKOMItf M WHITAJUKM CWAIW JjUUMTAfMUANO JffSStt vor <M I m« 1 «tp I itn~ vtssn vor s« jkt tm TANTCAimiM 3SOW 22/07 2t/07 ?s/o; BTHHUIt Itfil Z 71/D7 Z7l/D7 XETHAIHUM" 34SN 73/0/ 26/07 27/07 KM W 2IAZ cu,u.w,., 7tjr 7 Uimi Ills 21ZBZ JIM IS* AHANIHUM" 174N 25/07 21/07 WIANG
      1,743 words
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      47 43 J^T"S l Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCLyLCL New Europe Jo eastlmalaysia M'DDLEEAST 7 AbIA service DETAILS Pg 8 Pg 7 (Barwil)
      47 words
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  • Page 44 Miscellaneous
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      123 44 LEGEND Issued by Meteorological Service Singapore K Thunderstorm Showers Rain Temperature Wjnd and speed j n |< no ts Cloudy Day Wea,her Hazy Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds j s,l 9 hl <1 2m I —»One hall fleche
      123 words
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      243 46 currencies. one currency. y wT Mm Bm VHBVJXS7 WORUTMKX txv*ei<> l BengAddnw: Import ExpTOM A/C :96 123 4567 8 Ifa? ff\ jr (Xj *>z D«t. 5 jun 2000 r 2 8 Currency SGD s t D«'« MAW® Mo CotTfm PC Kfl Import Exprm I 05A)5/00 ********** DRunModuM 1 S v
      243 words