The Business Times, 21 July 2000

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Microfilm: NL21888
Total Pages: 58
1 58 The Business Times
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  • Title Section
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    11 1 MITA(P) 035/12/1999 85C SINGAPORE Internet: http:/'/business-times.asial .com.sg/ FRIDAY, JULY 21, 2000
    11 words
  • Article
    Lock icon MARKET SUMMARY
    74 1 MI *****5 (-3.96) BT-SU 82L21 (-0.40) ST INDEX FUTOBES 2423 (-4.00) SIMSCI FUTURES 283.70 (-1.10) STOCK MARKET INDICES Thursday Change KL8E COMP 835.30 5.55 NIKKEI 225 dosed HANG SENG 17,***** +4&44 SET INDEX 307.86 -6.69 JAKARTA COMP ***** 4.39 MANILA OOMP 1,489.47 -2752 TAIPEI WPI -***** SEOUL OOMP
    74 words
  • Article
    Lock icon FINANCE
    78 1 POKES BATES uss ss US» 1.746 £(US$/S$ per 1.496 1613 EU80(IJ8S/S$/E) 0.922 1.610 DM 2.122 0.823 YEN 108i 1.614 RM 3.800 0.460 HK$ 7.717 0.224 BAHT 4053 0.043 RUP1AH 8319 0 020 'St to MO units NUMERATES SINGAPORE* 5 MO KUALA LUMPUR 7.67 JAKARTA ..39 00 BANGKOK 9.50 MANILA
    78 words
  • Article
    Lock icon Raffles Hldgs not renewing Westin contract: sources
    558 1  -  I:J I exclusive Raffles Int'l to take over management in Jan 2002; branding to be reviewed By] Kalpana Rashiwala [SINGAPORE) Listed Raffles Holdings will not be renewing the Westin chain's contract to manage its two hotels at Raffles City when the contract runs
    558 words
  • Article, Illustration
    Lock icon Gus Dur's tough stand dims analysts' view of rupiah
    698 1  -  Rocky road to next month's fall parliamentary session expected By Larry Wee, Shoeb Kagda PRESIDENT Abdurrahman Wahid's defiance of legislators by refusing to submit to their questioning yesterday has cast a pall over analysts' optimism that recent rupiah gains can be
    AP  -  698 words
  • Article
    Lock icon Shaping up – world's biggest private Web payments network
    311 1 Shaping up world's biggest private Web payments network Move to cash in on escalating number of online purchases and payments over Internet Reuters [NEW YORK] Top credit-card network Visa USA is joining heavyweight network computing company Sun Microsystems and leading Internet equipment maker Cisco Systems to form the world's largest
    Reuters  -  311 words
  • Article
    Lock icon Money in unit trusts hits $8.5b, up 25%
    467 1  -  exclusive By( Genevieve Cua [SINGAPORE] Undaunted by the continuing uncertainty over just where interest rates and stock markets are headed, more investors are piling into unit trusts, long seen as a poor cousin to direct stock investments. Trust funds under management hit
    467 words
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    • ON THE grapevine
      • Article
        Lock icon Straight from the horse's mouth
        120 2 E-MAIL is not private. If you're still not convinced, allow us to narrate this true story. A top insurer in town regularly sends out group e-mail messages to its agents, informing them of changes in policies, premiums, commissions, etc. But somehow, a copy invariably ends
        120 words
      • Article
        Lock icon Yap Swee Hoo makes it five in a row
        89 2 VETERAN UOB Securities broker Yap Swee Hoo was again re-elected to the post of president of the Singapore Society of Remisiers at its recent 14th annual general meeting. Mr Yap, who played an active role in addressing investor concerns during the
        89 words
      • Article
        Lock icon Too drunk to remember?
        150 2 THE search is on for a homeless Chilean man to tell him he has inherited US$6 million (5510.4 million) from his late ex-wife, reported AFP. Tomas Martinez Martinez, a 67-year-old alcoholic, is thought to be in the Bolivian city of Santa Cruz de la Sierra, said
        150 words
    • Article, Illustration
      Lock icon Dow soars on Greenspan's hint
      843 2 He says economy showing signs of slowing analysts don't see rate hike said Mr Greenspan. Bloomberg, Reuters [WASHINGTON) US stocks soared as Federal Reserve Chairman Alan Greenspan told Congress the economy is slowing, boosting optimism the central bank is almost finished raising interest rates. "Greenspan
      said Mr Greenspan. — Bloomberg, Reuters; REUTERS FILE PHOTO  -  843 words
    • Article, Illustration
      Lock icon Conference Board chief sees more US rate hikes this year
      813 2  -  Economy to roar ahead inH2bnt slow down sharply in 2001 By, Anna Teo [SINGAPORE] While poised to slow down sharply next year, the US economy will, for the rest of 2000, "continue to roar ahead", and so further interest rate
      813 words
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      54 3 V;, i ►v- V.,'*s tffci .V .J:*-. jar'< _ar'<i v^aSh?' -SH'! tS*' ->" >x*>^.'v^' '•''s»*' -< j JMTjfflr <ffl| y \*"J ViKl Slk c I K Mflfl Ar 1 B W V p^ 7 n^Q lAutomaticI Automatic mo e t c• d ar si 0356 p' B^r Availahlp at BF
      54 words
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  • SINGAPORE companies
    • Article
      Lock icon Proton's prospects dimming
      730 4  -  [•M r A lock siew eddie toh Malaysia has pulled off a major coup in roping in Japan's Honda Motor to set up a manufacturing base in the country. On Wednesday, Malaysian Prime Minister Mahathir Mohamad witnessed the signing of the agreement between Honda and its two
      730 words
    • Article
      Lock icon Local non-bank players can still eye Net banks
      731 4  -  Bat they must form alliances with local banking groups: MAS Ky I Serena Ng LOCAL non-banking players who aspire to set up Internet banks are not entirely out of the picture yet as under the Monetary Authority of Singapore's new policy on
      731 words
    • Article
      Lock icon EastTech reports 44% H1 turnover growth
      462 5  -  It aims to generate half of its revenue from Net-related products by 2002 By Toh Han Shih EASTERN Asia Technology (East Tech), reporting turnover growth of 44 per cent in the first half of the year, yesterday said it hopes to expand and make
      462 words
    • Article
      Lock icon Food Empire's Net unit to launch portal in Malaysia today
      234 5 asianparenting.com on track for HE launch by year's end ASIANPARENTING.COM, which is 75 per cent owned by mainboard-listed Food Empire Holdings, will launch its web portal in Malaysia today. The move is part of its regional expansion and comes after
      234 words
    • Article
      Lock icon CS First Boston adds 6 analysts to Asia team
      119 5 Bloomberg CREDIT Suisse First Boston added six analysts to its equity research team in Asia, raising the team's number to 50. Among the new people hired, three will cover technology and telecom munications in Asia, an area the Swiss Bank said
      Bloomberg  -  119 words
    • Article, Illustration
      Lock icon Philip Eng is new ambassador to Nigeria
      244 5  -  /fyi Christopher Tan PHILIP Eng, the man who accelerated Cycle Carriage's expansion into the region, has been appointed Singapore's ambassador to far-flung Nigeria. In a statement that made official what's been whispered since April, the Foreign Affairs Ministry yesterday said Mr Eng, 54,
      244 words
    • Article
      Lock icon Non-govt S$ bond issues set to break last year's record
      358 7 HI figure close to $sb, total amount for '99 was just over $7b THE issuance of Singapore dollar bonds this year is on track to beat last year's record, the Monetary Authority of Singapore (MAS) said in its latest quarterly
      358 words
    • Article, Illustration
      Lock icon Lehman's Asian-Pac Index to boost regional bonds
      551 7  -  It's seen becoming market standard for measuring portfolio performance By Ling Su Ann LEHMAN Brothers' recently launched Asian-Pacific Aggregate Index will boost demand for bonds in the region, said Steven Berkley, Lehman's head of global fixed income indices. "Many investors will only buy
      ARTHUR LEE  -  551 words
    • Article
      Lock icon Chartered Semicon may post US$53.9m in Q2 profit
      282 8 Chip prices rising on back of robust outsourcing trend, say analysts Bloomberg CHARTERED Semiconductor Manufacturing Ltd, the world's No 3 maker of customised chips, may report a second-quarter profit of U5553.9 million (5593.8 million) from a US$l3.B million loss last year, as
      Bloomberg  -  282 words
    • Article, Illustration
      Lock icon Analysts see Stats' profits in Q2 doubling
      440 8 Surge in orders as industry recovers from 2-year slump Bloomberg ST ASSEMBLY Test Services Ltd's second-quarter profit may more than double as the Singapore-based company saw a surge in orders as the industry recovers from a twoyear slump. Profit for ST Assembly, one
      Bloomberg; FILE PHOTO  -  440 words
    • Article
      Lock icon Nera to see strong H1 profit on pick up in telecoms
      398 8 Reuters A STRONG revival in telecommunications infrastructure demand will boost Nera Telecom Ltd's earnings this year above last year's, managing director Samuel Ang said yesterday. "We will do better than last year. You will see top-line and bottom-line growth
      Reuters  -  398 words
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      1104 4 f SOMERSET HOLDINGS SOMERSET HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 16th May, 1990) IMPORTANT NOTICE TO HOLDERS OF WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN SOMERSET HOLDINGS LIMITED EXPIRING ON 31 ST AUGUST, 2000 AT 5 P.M. THIS IS AN IMPORTANT NOTICE WHICH REQUIRES YOUR IMMEDIATE
      1,104 words
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      462 4 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of General Securities Investments Limited wishes to make the following announcement: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2000 Company Group Incr/ incr/ Jun-00 Jun-99 (Deer) Jun-00 Jun-99 (Deer) SS'OOO SS'OOO SSOOO SS'OOO Operating
      462 words
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      211 5 It's Time To Look Back Discover The Other Side of The Reverso One of the most satisfying aspects of owning a Reverso ultimate personalisation, you can commission must be it s unique swivel case that turns to reveal our Master Enameller to turn your Reverso into a true a mark
      211 words
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  • SINGAPORE markets
    • Article, Illustration
      Lock icon Liang Huat wrt speculators may be caught wrong-footed
      180 6  -  WARRANT WATCH fly Ven Sreenivasan LIANG Huat Aluminium's warrant slipped half a cent to 2.5 cents on 3.2 million units yesterday. Meanwhile, its underlying stock slipped one cent to 28.5 cents on 6.1 million shares. The heavy volumes suggest heavy speculative activity
      180 words
    • Article
      Lock icon Untitled
      502 6 Stocks Volume Ezyhealth 5c 63,324,000 MediaRing 10c 33,509,000 North 22 US 1c 20,559,000 TT Int 15c 19,769,000 ITech4c 17,457,000 IPCO 20c 17,357,000 PNE Ind 10c 15,762,000 Ionics P$1.00 15,014,000 CSC W*****7 12,495,000 PKTech 5c 12,200,000 Stocks Chart Semiconductor 26c 44,589.600 PacificCentury 43,566,900 OCBC 41,003,622 Ezyhealth 5c 28,015,755 DBSGrp 27,594,941 SIA
      502 words
    • Article, Illustration
      Lock icon Mild selldown as June trade data disappoints market
      557 6  -  l I comment STOCKS ven sreenivasan SINGAPORE stocks had a mixed day yesterday, as market players turned cautious after the release of June trade figures and ahead of Fed boss Alan Greenspan's congressional testimony. The lower-than-expected June trade figures triggered a mild
      557 words
    • Article, Illustration
      Lock icon CSM seen to consolidate in near term
      239 6  -  HOT STOCK By' Ven Sreenivasan CHARTERED Semiconductor topped the decliners yesterday as it fell 50 cents to $15.80 on some 2.8 million shares changing hands. This tumble came ahead of the company's release of its second quarter results today. The technical charts show
      239 words
    • Article
      Lock icon Market Notices
      155 6 ♦MHE Holdings will hold its EGM on Aug 8 at 9.30 am, 51 Penjuru Road #04-00, Freight Links Express Logisticentre. ♦FOOD Empire Holdings announced it has incorporated a wholly owned subsidiary, Cafe Veneto. The authorised share capital of Cafe Veneto is $100,000 divided into 100,000 shares of $1
      155 words
    • Article, Illustration
      Lock icon Rupkih holds up under 9,000 despite political stand-off
      346 6  -  -id comment CURRENCIES larry wee THE Indonesian rupiah held its ground well below 9.000 rupiah per US dollar yesterday, despite the unfolding of events that normally would have led to fresh selling. This raises the possibility that the rupiah will only face
      Source: Reuters  -  346 words
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      239 6 Hie pillar of trust 1 he art of relationship I he sac nee of results THE BREAKTHROUGH GROUP PROFESSIONALS IN INSURANCE AND FINANCIAL SERVICES I RESTAURANT BUSINESS I I OPPORTUNITY I I Two profitable well-established western I I restaurant (award wining) along Orchard I I Road looking for take over.
      239 words
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      49 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EICHT. important All applications for units in etghr must be made on the application forms, accompanying the prospectus investor must read the prospectus The value of the units and the income from them may fall as wen as rise Bl* WW*
      49 words
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      49 7 you don't need fancy tricks to attract potential employers Just advertise your skills and qualifications in Classified and you're bound to get their attention. And the job that you want, of course. so 1800-737-1166 today to make your Positions Wanted M aid booking. Buy h. Set! It. Find It.
      49 words
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      173 7 A Timely Token of Our Appreciation To Al I Owners of the Reverso Many have chosen the Reverso for its elegance, authenticity and craftsmanship, but above all else, for its uniqueness. In recognition of your loyalty, we offer you an exclusive opportunity to personalise your treasured timepiece. For the limited
      173 words
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      169 8 This announcement appears as a matter of record only. F Federal Pcdnt Factory (Singapore) Limited (Incorporated in the Republic of Singapore) 5554,000,000 Asset Backed Floating Rate Notes due 2003 Arranger and Lead Manager ODBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD Co-Managers AMERICAN EXPRESS BANK LTD, SINGAPORE BRANCH BAYERISCHE HYPO- UND
      169 words
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      433 9 a.—?-- >u- W MMWWfWpppi 11 Jl WMm±- m H I I 1 V' v ■■■■■npav^ ,dsi* Everybody needs healthcare. So why not invest in it? UNITED Young or old, we all need outperformed the S&P 500 Index 1 it might be construed that Morningstar) healthcare fund in USA 3 fj
      433 words
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  • SINGAPORE news
    • Article
      Lock icon Non-oil exports expand by 10.5% in June
      574 10  -  on the economy Although below expectations, Q2 forecasts still on track, say economists lh h Audrey Tan SINGAPORE'S non-oil exports expanded below market expectations at 10.5 per cent in June, but economists still say that the strong advance second-quarter economic growth figure announced
      574 words
    • Article, Illustration
      Lock icon V-P of petrochem firm wins Henley Mgt College bursary
      577 10 He'll spend three weeks at picturesque UK campus JUST as well that cricket isn't in the Olympics. When the Sydney Games get underway in September, Ranjit Madan petrochemicals professional and passionate cricket fan will, after a 13-year break, be back at
      SIEW YAW HOONG  -  577 words
    • Article, Illustration
      Lock icon Now, it's the end of religion that's worrying Fukuyama
      538 10  -  Man's ability to decode the human DNA could open Pandora's box Reports by Yang Razali Kassim THE man who predicted the end of history is now very worried about the end of religion and the political impact of man playing God.
      SIEW YAW HOONG  -  538 words
    • Article
      Lock icon Beware when man starts to play God
      805 10 Q: Your latest book, The Great Disruption, assumes a major breakdown in moral values as the cause of the tectonic shifts in human society in recent times. What role did religion play in the philosophy underlying your thesis? A: I didn't say enough
      805 words
    • Article
      Lock icon Only a few brands move out of Raffles City Sogo
      403 12 Reaction of suppliers much calmer than in Yaohan case: interim judicial manager ONLY a handful of concessionaires have so far pulled out from Sogo's flagship store at Raffles City, a day after the retailer went into interim judicial management. BT's
      403 words
    • Article
      Lock icon novaHealth buys Medfolders.com
      299 12  -  Price not disclosed; health record portal will be renamed novaMedfolders lhj\ Kenneth Lee NOVAHEALTH, a wholly-owned subsidiary of diversified IT firm nova Sprint, yesterday said it has acquired Medfolders.com, a free online portal which stores individual health records for retrieval worldwide. To be renamed novaMedfolders, the portal
      299 words
    • Article
      Lock icon Potential bondbreakers urged to understand scholars' duties
      218 12 GOVERNMENT scholarship boards yesterday said they hope the 11 scholars, who repeated intentions to break their bonds on Wednesday, will change and reach "a more balanced understanding of their duties and obligations as scholars" with time and maturity. In a joint statement, the
      218 words
    • Article
      Lock icon ST Engg clarifies resolution outcome
      383 12  -  mail ram Chua Su Li (Mrs) Company Secretary Singapore Technologies Engineering Ltd I REFER to Marc Goldstein's letter "Why STE option plan was opposed" (Mailbag. July 19) and earlier BT reports on this subject. These reports may have given readers the mistaken impression that the
      383 words
    • Article
      Lock icon Unlisted stocks beyond scope of healthcare fund
      265 12  -  Tan Chin Kong Director, Business Development UOB Asset Management Singapore WE refer to Y Woozeer's letter "New tack needed by funds investing in life sciences" (BT, July 18). We would like to thank him for his suggestions on the investment ideas that the
      265 words
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      150 10 KE3 Iver thought of holding your 1 ■u meeting during a cruise? u §§3§l eB ■'< m 1 lIMBMIMM **<* *MV«%J» •*> Tin TJT Tf w f»*j ><f n I—* *^'»-tlfzf''jj ou aven t» 't' s me to 9' ve 't a try. Organize your y corporate meetings onboard SuperStar
      150 words
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      223 11 SONY. I M" f.% J m i m wL/ 9 mr m J v I pjl mKM KUH 'v JK' J^m^tr' if '~n i T ¥rP" Satirfriilf* J 4 I jfe? r -y TTr^ Ultra Compact with PC Interface J j J Memory Stick™ Slot Built-in PC-use Accessories Supplied Oo®D(te)D
      223 words
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      111 12 MAKE AN EXECUTIVE DECISION FOR A MERE $99,999* mjk I WFlMm^^tKtl HK 1 Tq^ 3 years/60,000km full maintenance 5 years/ioo.oookm warranty 2-way power seat ABS Engine immobiliser 4-wheel disc brakes Hire purchase must be from DBS Finance through Regent Motors Ltd. Terms Conditions apply. Leather upholstery and accessories shown are
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      446 12 We welcome letters. E-mail us at bt/etterGsph. com. sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and
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  • e-NEWS
    • Article
      Lock icon HK's New World Mobile ties up with SAR1
      454 13  -  Strategic alliances aimed at capitalising on imminent launch of 3G mobile commerce FYorn< Quak Hiang Whai in Hongkong HONGKONG telecom companies are continuing to link up with strategic partners ahead of the launch of third-generation (3G) mobile business, with New World Mobile
      454 words
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      Lock icon Faster, smaller, and cheaper
      297 13 Apple unveils dual-processor G4, under-US$ 1,000 iMacs and G4 cube AP [NEW YORK] APPLE Computer chief executive Steve Jobs on Wednesday introduced faster, more compact and lower-priced machines and a new oval-shaped mouse to replace the company's much-maligned, smaller round mouse. The company, whose third-quarter iMac
      AP; REUTERS  -  297 words
    • Article
      Lock icon HK's EHA plans network to connect healthcare services community
      351 13  -  By\ Kenneth Lee [SINGAPORE] If ehealthcareasia (EHA) chairman Brian O'Connor has his way, the company might just become the Healtheon/Web MD Corp of Asia. Healtheon is an Internet healthcare company co-founded by Netscape cofounder Jim Clark which is trying to link
      351 words
    • aBriefs
      • Article
        Lock icon Baan sees Q2 loss ballooning ten-fold
        81 13 Bloomberg [BARNEVELD, Netherlands] Baan NV expects its second quarter loss to widen as much as ten-fold because customers are unwilling to buy from a company that might go out of business. The business-software maker said it expects to post a second quarter net loss
        Bloomberg  -  81 words
      • Article
        Lock icon EMC net up 50% on Net storage demand
        77 13 Bloomberg [HOPKINTON, Massachusetts] EMC Corp, the No 1 maker of corporate computer storage systems, said second quarter profit rose 50 per cent as companies bought more of its equipment to run their websites. Net income rose to US$429 million (*****.5 million), or
        Bloomberg  -  77 words
      • Article
        Lock icon CNET to buy Ziff-Davis for US$1.6b
        79 13 NYT [NEW YORK] CNET Networks said on Wednesday that it would acquire Ziff-Davis Inc, a trailblazer in the technology magazine industry, and its Internet subsidiary, ZDNet, for US$l.6 billion (Ss2.B billion) in stock. Executives at both companies characterised the deal as an outgrowth of
        NYT  -  79 words
      • Article
        Lock icon Metrocall offers US$1.57b for PageNet
        66 13 Bloomberg [ALEXANDRIA, Virginia] Metrocall Inc, the third largest US paging company, said it offered about US$l.57 billion (552.7 billion) in cash, stock and assumed debt for Paging Network Inc, 14 per cent more than Arch Communications Group Inc's bid. PageNet, the nation's biggest paging company
        Bloomberg  -  66 words
    • Article
      Lock icon IBM revenues fall 1% but earnings rise
      328 13 NEWYORK Reuters INTERNATIONAL Business Machines Corp on Wednesday reported a one per cent revenue decline, redeemed by earnings that beat estimates and comments by the world's No 1 computer maker that it was on the brink of climbing out of a year-long sales
      Reuters  -  328 words
    • Article
      Lock icon Deutsche Telekom said to offer US$53b for Voice Stream
      392 13 m NEWYORK Bid would value US firm at US$2O,OOO per subscriber NYT IN A move that advances the ambitions of Europe's largest telephone company in the United States, Deutsche Telekom has offered to acquire Voice Stream Wireless Corp in a deal
      NYT  -  392 words
    • Article
      Lock icon S'pore's Innoweb launches Asia IT B2B portal
      339 13  -  By, Joyce Koh [SINGAPORE] Singaporebased Innoweb.com Pte Ltd yesterday launched an information technology (IT) portal called Distiweb.com. This independent business-to-busi-ness (B2B) portal aims to bring together IT vendors, distributors and resellers in Asia. Currently, more than 1,500 resellers and nine distributors from Singapore
      339 words
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      103 13 ÜBS Warburg Associates ®j|)B (Singapore) Pte Ltd (Member of the Singapore Exchange Securities Trading Ltd) i w, i i f j ilrJ IKj In Setting your sights on entering the dynamic securities industry? You can be on your way to becoming a remisier with a well-established securities organisation. You must
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Myanmar woes stem from poor governance
      722 14  -  Cirra bottom line OPINION aung san suu kyi The writer is general secretary of the National Leaguefor Democracy and recipient of the 1991 Nobel Peace Prize FOREIGN visitors and journalists often ask what the National League for Democracy intends to do about the political
      722 words
    • Article
      Lock icon IN OTHER WORDS
      102 14 There are a lot of young staff who mistakenly think that they are working by just sitting at their keyboards all day long: Mitsuyasn Ota major of Hirata, a small city in Japan, on the introduction of a weekly computer-free day in the municipal offices. 'I would
      102 words
    • Article
      Lock icon Will 1997 crisis be rerun?
      569 14 EDITORIAL DESPITE the rupiah's recovery this week, Asian currencies have suffered heavy losses of late some falling to levels not seen since the last quarter of 1998. The big question is: Is there a danger that the region could be on the verge of reliving
      569 words
    • Article, Illustration
      Lock icon No need to ditch values to adapt to wired world
      1111 14  -  Confucianism must adjust and change with changing structures of the economy and society By 1 Lee Kuan Yew IMMENSELY powerful forces of new technology are sweeping the world. The kind of societies Asia will build depends on how effectively each
      1,111 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      873 14 Politics of Star Wars SINCE the end of World War 11, the United States has nurtured plans, under various names, for some kind of missile defence shield. But despite advances in technology, none of those plans has come to fruition which is why the recent, and
      873 words
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  • MALAYSIA news
    • MARKET moves
      • Article
        Lock icon Revamp revival for Olympia, Mycom
        134 15 ol companies related to businessman Yap Yeong Seong, widely known as Duta Yap, were active yesterday. Talk was that the group, which is restructuring its debt with the help of the Corporate Debt Restructuring Committee, might have finally reached a solution with its creditors, more
        134 words
      • Article
        Lock icon Magnum up on talk of sale
        69 15 SHARES of gaming counter Magnum Corporation were up strongly yesterday as the market buzzed with speculation that Multi-Purpose Holding Bhd has found a buyer for its 30.3 per cent stake in Magnum. Magnum's shares fell in April after MPHB ended its agreement to sell
        69 words
      • Article
        Lock icon New business sparks interest in MMC
        120 15 MALAYSIA Mining Corp shares were in demand yesterday on news of possible asset purchases by the cash-rich mining and engineering group. Speculation has been rife that MMC will link up with independent power producer (IPP) Malakoff Bhd. MMC has been in the news since
        120 words
      • Article
        Lock icon Failed talks drag down Telekom
        73 15  -  Compiled by Diana Oon Abdullah SHARES of national phone company Telekom Bhd were down yesterday after plans to sell a stake in Telekom to Japan's NTT group were aborted by national investment arm Khazanah Nasional. Telekom said in a stock exchange announcement that it is
        73 words
    • Article
      Lock icon Avenue Assets wants cash option
      336 15  -  It also wants higher valuation for PhileoAllied stake from Maybank From Eddie Toh in Kuala Lumpur AVENUE Assets controlled by Malaysian businessman Mokhzani Mahathir wants a cash option and a higher valuation for the sale of its substantial stake in financial group PhileoAllied Berhad (PAB)
      336 words
    • Article, Illustration
      Lock icon Mier ups GDP forecast to 7.8% on strong semicon exports
      404 15  -  Institute expects M'sia to maintain ringgitpeg From Diana Oon Abdullah ill Kuala Lumpur THE Malaysian Institute of Economic Research (Mier) has revised upward to 7.8 per cent its GDP projection for Malaysia, in line with forecasts by private sector economists.
      REUTERS  -  404 words
    • Article
      Lock icon RM8.7b inflow in 5 months: Daim
      178 15 KUALA LUMPUR AFX-Asia FOREIGN portfolio funds inflow between January 1 and June 7 amounted to RMB.7 billion (Ss4 billion). Finance Minister Daim Zainuddin said. Quoted by Bernama news agency, he said the figure reflected the greater confidence among foreign investors. Malaysia's economic recovery has
      AFX-Asia  -  178 words
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      220 15 BUSINESS SERVICES/ PRODUCTS The Straits Times Classified. Classifications 201 266. lcatl] Buy h. Sell ft. Find ft. CHRONOMASTER yellow or rose-colored case in 18 K gold or steel, chronometer-certificate, five year international guarantee. Equipped with the legendary ZENITH EL PRIMERO movement, the only automatic chronograph movement to beat at 36*000
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  • REGIONAL news
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      Lock icon Jakarta plans to try Sjahril next month
      302 16 JAKARTA Central bank governor to be charged over Bank Bali scam, says AG Reuters INDONESIAN Attorney-Gen-eral Marzuki Darusman said yesterday he planned to put central bank governor Sjahril Sabirin on trial next month for involvement in the politically charged Bank Bali scandal. "Yes,
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      Lock icon Bank Bali may resume trading next week
      307 16 JAKARTA Decision depends on parliamentary hearing on bailout Bloomberg PT Bank Bali shares will probably resume trading next week, pending a parliamentary hearing today on a plan to bail out the lender, the Jakarta Stock Exchange said. Bank Bali's shares were halted last
      Bloomberg  -  307 words
    • Article
      Lock icon Villa owned by charity linked to Suharto seized
      260 16 JAKARTA Reuters INDONESIAN authorities yesterday began seizing assets linked to disgraced former President Suharto, who is being investigated on suspicion of corruptly amassing a fortune during three decades in power. "We have started to seize his assets," Yushar Yahya, spokesman for the
      Reuters  -  260 words
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      Lock icon Thai Farmers Bank in the black with 2.5b baht gain
      493 17  -  Dramatic recovery on rising interest income, completion of loan-loss provisions From] Harish Mehta in Bangkok THAILAND'S second-largest private bank. Thai Farmers Bank (TFB), yesterday staged a dramatic recovery with a net first-half profit of 2.5 billion baht (*****.6 million) on
      493 words
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      Lock icon Philippine govt may sell its 27% stake in San Miguel
      246 17 MANILA AFP THE Philippine government may auction off a 27 per cent stake in San Miguel Corp, estimated to be worth 50 billion pesos (551.96 billion) now in Manila's safekeeping, Finance Secretary Jose Pardo said yesterday. The government sequestered the
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    • NOTE Book
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        Lock icon Jakarta to submit IMF letter by July 30
        64 17 AFP [JAKARTA] Indonesia will sign and deliver its latest letter of intent containing economic reform pledges to the IMF by July 30, its top economic minister was quoted as saying yesterday. "We are still drawing up the letter of intent," the state
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        Lock icon SET may take 3 years to go public
        68 17 Reuters [BANGKOK] The Stock Exchange of Thailand (SET) said yesterday it might take at least three years for the bourse to complete its corporatisation plan given legal restrictions. SET executive vice-president Surat Phalalikit told reporters the current securities laws did not authorise
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      • Article
        Lock icon Bank of Asia denies it needs capital
        87 17 AFX-Asia [BANGKOK] Bank of Asia senior executive vice-president James Stent rejected as untrue rumours that the bank plans to apply to the government's tier-1 capital injection scheme. "We have enough capital to raise loan loss provision to 80 per cent at the end
        AFX-Asia  -  87 words
      • Article
        Lock icon Sihanouk to sue HK newspaper
        98 17 AP [PHNOM PENH] King Norodom Sihanouk plans to take court action against a Hongkong newspaper and one of its reporters who wrote that a possible successor to the Cambodian throne was not his own son. In a written statement, received yesterday, King Sihanouk said he
        AP  -  98 words
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      Lock icon PNB: Manila's finance dept approves Tan's bid
      343 17 MANILA Analysts say Lncio Tan got controlling stake at a bargain Bloomberg THE Philippine Department of Finance said it will recommend the sale of the government's stake in Philippine National Bank (PNB) to tycoon Lucio Tan. the only bidder for the block in
      Bloomberg; AFP  -  343 words
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      Lock icon Telstra plans US$1.5b global bond sale
      498 18 MELBOURNE Proceeds to fond part of its proposed investment in CyberWorks Bloomberg TELSTRA Corp, Australia's biggest phone company, said it is planning a US$l.5 billion (552.61 billion) global bond sale in mid-to-late October to help fund its proposed investment in Hongkong's Pacific Century CyberWorks
      Bloomberg  -  498 words
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      Lock icon Cheap TVs galore in China
      72 18 (SHANGHAI) A customer inspecting television sets at a shopping centre here yesterday China's TV market is now so saturated with cheap TVs pouring out of poorly-run state-owned factories that even the largest and best-run of China's TV makers are hard-pressed to turn a profit. One
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      Lock icon Asian markets showing signs of slowing: HSBC
      463 18  -  By Ling Su Ann CONSENSUS forecasts for Asian growth are too optimistic as Asian markets are already showing signs of slowing, said David Seto, HSBC's senior analyst for Asia Pacific fixed income credit research. According to Mr Seto, who was in Singapore yesterday,
      Source: HSEC  -  463 words
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      Lock icon Funds shun India index futures
      596 19 New instrument's low volumes cited; blame falls on red tape, high costs Bloomberg [BOMBAYI INDIA started trading stock index futures contracts last month, yet fund manager Suhas Naik has yet to test skills he learned on a 10-day training course. "I don't think we'll trade
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        Lock icon China dam firm to issue 3b yuan bonds
        70 19 Reuters [BEIJING] The China Three Gorges Project Development Corp will issue 3 billion yuan (***** million) in 10-year bonds next week to help Finance construction of its massive dam project, company officials said yesterday. The company would issue the floating rate bonds
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      • Article
        Lock icon Indian cricketers, bookies in tax bust
        66 19 Reuters (BOMBAY) Indian tax authorities raided the homes of leading cricketers and bookies in Bombay and other parts of the country yesterday, a senior tax department official said. "The searches began at 9.00 am (0330 GMT) yesterday. We are looking for wealth or assets
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        Lock icon Motorola nets US$190m China deals
        76 19 AFX-Asia [ARLINGTON HEIGHTS. Illinois] Motorola said it has signed three contracts worth US$l9O million (***** million) to expand cellular telephone networks by 2.3 million subscribers in three Chinese provinces. The company said its Network Solutions Sector signed the contracts with China Unicom to enlarge the
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        Lock icon Tisco's profit up 4x to 1.01b rupees
        66 19 Bloomberg [BOMBAY] Tata Iron Steel Co, India's second-biggest steelmaker, said profit in the three months to June quadrupled, led by gains from higher output and lower costs. Tisco, as the company is called, made a profit of 1.01 billion rupees (5540.3 million) in
        Bloomberg  -  66 words
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      Lock icon Senate to vote on China trade bill in Sept
      513 19  -  Supporters were hoping for approval before summer recess to avoid risk of split vote From Leon Hadar in Washington THE US Senate is scheduled to vote on the bill normalising trade relations with China in mid-September, ensuring it will be approved
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      Lock icon India to sell stakes in 2 state-run firms
      144 19 NEW DELHI Reuters INDIA'S privatisation body on Wednesday approved the sale of government stakes in two state-run firms even as a key minister called for a cautious approach to the privatisation programme. The body approved a plan to reduce the state's holding
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      366 16 I Welcome Pokemon Jet and get lovable Pokemon gifts I The Pok6mon fever is taking over Singapore Decorated with the cute and lovable Pok6mon While you fly high in spirit with the ANA great It n jurnbo proportion. And you can be part of creatures, the ANA Pok6mon Jet brings
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      16 16 HOME NEEDS The Straits Times Classified. Classifications 90 120. |CATA Buy h. Sell It. Find It.
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      111 17 Dial IDD 008 for a premium I business service. I Without the I premium. Cost per minute to call: Destination Star Hub Other IDD j Destination Star Hub Other IDD IDD 008 Operator Saving I IDD 008 Operator Saving Australia 0.57 060 5 .j Japan 0.86 Bangladesh 1.66 1 95
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      300 18 r =jfj p All the most advanced camcorder features are now at your fingertips... i jk i/1 L ZOOM MICROPHONE HIGH-SPEED PC LINK Jj Simply slot it in to record audio according to the magnification Transfers still playback images in Tape Playback mode or still he zoom ,ens or to
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      10 18 ■today©***-*#. pllanhe Zanban How Fujian "cowboy" dairyproducts corporation from scratch
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      56 19 C 3 I Wl jf i ii/jl rli Jhk j&j w PEL m ltk ihi a FIRSHIRE 1937- ALIBI Platinum, hand-winding, basic-movement from 1937, crown with a diamond. (PautfPicob Artisan Horloger Suisse Sole Distributor: PkKCIOUS 1 IMK I* I K LTD 68 Orchard Road #01-25 Plaza Singapura *****9 Tel: 883
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  • WORLD news
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      Lock icon Leaders to focus on bridging digital divide
      644 20  -  G-8 SUMMIT Japan to push for new aid to provide IT infrastructure in developing countries From i Anthony Rowley in Tokyo LEADERS of the Group of Seven leading industrial nations. plus Russia, will focus on bridging the so-called "digital divide", a threat caused
      REUTERS  -  644 words
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      Lock icon ING Groep to buy Aetna units for US$7.7b in cash, debt
      459 20 AMSTERDAM The deal will make ING the top US life insurer by premiums Bloomberg ING Groep NV has agreed to buy the financial services and international units of Aetna Inc for US$7.7 billion (5513.5 billion) in cash and debt,
      Bloomberg  -  459 words
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      Lock icon NYSE, Nasdaq to post real-time prices on Net for free soon
      310 20 NEW YORK Bloomberg THE New York Stock Exchange (NYSE) and the Nasdaq Stock Market soon will start offering real-time stock prices on the Internet for free. The Big Board's nyse.com website, which now gives prices after a 20-minute delay,
      Bloomberg  -  310 words
    • WORLD Watch
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        Lock icon US June housing starts lowest in 2 years
        109 22 Bloomberg [WASHINGTON] US new home construction fell in June to the lowest level in more than two years as higher mortgage rates discouraged buyers, government figures showed. Housing starts dropped a larger-than-expected 2.6 per cent last month to a seasonally adjusted annual
        Bloomberg  -  109 words
      • Article
        Lock icon SAP Q2 profit falls 18%
        85 22 Bloomberg [WALLDORF, Germany] SAP AG, the world's largest maker of business management software, said second quarter profit fell 18 per cent on increased spending for research and marketing costs, while sales rose. Net income fell to 116 million euros (*****.6 million), or 0.37 euro per
        Bloomberg  -  85 words
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        Lock icon UPS net up 18% on higher shipments
        81 22 Bloomberg [ATLANTA] United Parcel Service said second quarter profit rose 18 per cent as the world's largest delivery company shipped more packages worldwide. Net income climbed to US$695 million (551.21 billion), or 60 cents a share, from profit from operations of US$5BB million,
        Bloomberg  -  81 words
      • Article
        Lock icon Lucent to spin of unit; profit up 30%
        93 22 Reuters [NEW YORK] Lucent Technologies, the world's largest telecoms equipment maker, yesterday said it plans to spin off its microelectronics unit and reported quarterly profits from continuing operations rose 30 per cent, surpassing Wall Street expectations. Its profits for the fiscal third
        Reuters  -  93 words
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      Lock icon Auditors call for change to New Economy reporting standards
      561 22 WASHINGTON Ways to measure 'intangibles' must be recognised and made available faster Reuters ACCOUNTING firms chafing under the threat of restrictions to their non-audit activities on Wednesday urged the US government to consider a major overhaul of the way businesses report
      Reuters  -  561 words
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      Lock icon Realistic approach urged to share option accounting
      407 22 LONDON Proposal will force firms to folly expense share option schemes Reuters AN influential international accounting body yesterday proposed to force companies to treat employee share schemes as a cost in their accounts, threatening the bottom lines of many of the world's biggest
      Reuters  -  407 words
    • Article
      Lock icon Scientists break cosmic speed barrier
      762 22 LAT-WP [WASHINGTON] In a landmark experiment, scientists have broken the cosmic speed limit causing a light pulse to travel at many times the speed of light—so fast that the peak of the pulse exited a specially prepared test chamber before it even finished entering it.
      LAT-WP  -  762 words
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      Lock icon Lunch is a fast-food battlefield
      560 23 Burger and pizza chains, even supermarkets, wage war for customers Reuters (CHICAGO] LUNCH is fast becoming the fiercest battleground in the fast-food industry as workaholics dash in to grab a quick bite and restaurants fight to lure one another's customers. Observers say competition is getting
      Reuters; ADAM LEE/ST  -  560 words
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      Lock icon Website broker to book your dinner table
      235 23 SAN FRANCISCO Reuters CALL it the Internet version of bribing the maitre d\ A San Francisco company, launched on Wednesday, promises to secure prime time reservations at the city's hottest restaurants for diners willing to pay an extra US$5 to US$l5 per head
      Reuters  -  235 words
    • Article
      Lock icon NASD signs Manhattan lease for new HQ
      432 23 NEW YORK Agreement for One Liberty Plaza space ends two-year search for a New York home Bloomberg THE National Association of Securities Dealers (NASD), which owns the Nasdaq Stock Market and the American Stock Exchange (Amex), has agreed to lease about 250,000 square
      Bloomberg  -  432 words
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      Lock icon Die Hard n building: Sold for US$350m
      284 23 Bloomberg [NEW YORK] Billionaire Marvin Davis has agreed to sell Los Angeles' Fox Plaza office tower, featured in the movie Die Hard with Bruce Willis, for US$35O million (Ss6o9 million), according to a person familiar with the situation. The price, on a square
      Bloomberg  -  284 words
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      98 20 Er rfr fn estate J -noo a *NB BE^^^^^S3Bi^^^S^^^^S^^3S^^sdS^^-j£^. 2Ss^e g 'i BEHBBHHBPBsaEHHPifIBSrT^^HMHIIHHIBHH ®TR4NS ELROMRS PTE LTD Eurokars Ccnlre. 12 Sungei Kadul Avenue. Singapore 72<W>4I< Tel: *3 3003 Fa* 369 3003 Showroom Hours Monday Friday 8 30am 5 30pm. Saturday 8 30am Ipm Closed on Sunday Public Holidays Cily Centre.
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      384 21 i\ i i f^- HP K> &h fj*-34c^%? t y- -^|_-> i v< <• Lrnrni~m—mmmmmmmmmm-mmmmmmmmimmmmmmmmmm—mmm~mmmmmmmmmmmim--mim~d l *M* >r. jTi IflaT* te '*hl T*r^sfl^Ri 3 Can the new Office Suite you're looking at handle everything you throw at it? :J|jjj|^^'.♦«•%« NEW STAROFFICE" 5.2. IT'S FREE! What you couldn't do before with
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      286 22 Employee ifffflfjfi Stock Options BBHiiMi Employee Stock Options (ESPO) has been Die Marii Buchanan. buzzword in the media and newspapers. Wfth Senior Associate the introduction of the Entrepreneurial ESOP HSSBSHffISB scheme by the Singapore Government, EKXIE2I employees would enjoy 50% tax exemption on their stock gains of up to SlO
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      88 23 (www.hyundai-motof.com) I 2002 n« WMtocur I^DREAjAmN The People's People Carrier The new Hyundai Trajet •-> *?.tA Ml. lift Ama UB Hyundai proudly presents the perfect MPV for the whole family. LJUVBk Hyundai's strive for excellence is shown by its spacious interior as well as its added safety features for your
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      1300 24 1 f) R4CIHC CENTUKC FINANCIAL CORPORATION SUBSIDIARIES (Parent of Bank of Hawaii) Consolidated Statement of Condition Consolidated Statement of Income At the Close of Business December 31,1999 Year Ended December 31,1999 in thousands of in thousands of US dollars US dollars except per share amounts ASSETS Interest-Bearing Deposits 278,473 INTEREST
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      486 24 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF MACAU TSUN YIP TRADING PTE LTD (In Members' Voluntary Liquidation) Al an EXTRAORDINARY GENERAL MEETING of the members of MACAU TSUN YIP TRADING PTE LTD duly convened and held AT BLK 166 BUKIT MERAH CENTRAL #06-3667
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      656 24 In matter of Ttw Companws Act, Cap SO Add In imßk of ASIA GHANI MARINE PTE ITO STATUTORY DECLARATION BY DIRECTORS Of COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON Of ITS LIABILITIES W«. SYED ISMAIL BIN SAID IBRAHIM ol #04 Woodlands Str•• I #02-21 Singapore *****4. NRIC No. *****A37H KHATUAH
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      1185 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF JANDS SINGAPORE PRODUCTION SERVICES PTE LTD STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES 1. ROONEY PETER JOHN of 329 A Guillemard Road #04-06 Singapore *****4, FIN No F*****85W
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      329 24 In the Matter of The Companies Act Cap. 50 and In the Matter of PICAS CONSULTANCY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act. Cap 50. that the Final Meeting of the Members of the Company
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      813 24 NOTICE IS HEREBY GIVEN that I. AKITA YOSHIO of 56. Fairer Road *04-02 Singapore *****4. have applied for a Beer House, Ist Class licence in respect of M/s Apui Ramen located at 5. Kock Road *02-08, Cuppage Plaza, Singapore *****6, and that this application will be considered by the Liquors
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      337 24 FORM 55 (Rule 112) NOTICE OF MEETING (GENERAL MEETING) IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. 208 OF 1998 BOONSIRI (S) PTE LTD Take notice that a meeting of creditors in the above matter will be held at lOCollyerQuay. #06-05 Ocean Building, Singapore *****5,
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  • FINANCE & commodities
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      Lock icon Futures slide on tech-stock decline
      298 25  -  SGX Derivatives TnAtn&Reports ST IndeJc/MSCI S'pore Index Chan Yet San SINGAPORE stocks ended a little lower yesterday after the drop in the Nasdaq brought down regional technology stocks. The Straits Times Index fell 0.19 per cent to 2,133.25 points. Within the index, 21 counters advanced,
      298 words
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      Lock icon Futures dragged down by Nasdaq's 3% fall
      240 25  -  MSCI Taiwan Index Chan Yet San THE Taiwan stock market ended down yesterday after a near 3 per cent drop on the Nasdaq overnight. The MSCI Taiwan Index lost 9.73 points or 2.62 per cent to settle at 361.95 points. Volume within the
      240 words
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      Lock icon Oil slips on quiet rise in Saudi output
      198 25 ENERGY REPORT Reuters [LONDON] OU prices moved modesUy lower yesterday as dealers digested news that Saudi Arabia was quietly turning up the taps to refill low inventories in the West. London's Brent futures for September delivery slipped eight US cents to US$2B.BO
      Reuters  -  198 words
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      Lock icon CURRENCY REPORT
      329 25 Reuters London A FRAIL euro stayed within reach of eight-week lows against the US dollar yesterday. little changed after the European Central Bank left interest rates steady as anticipated. Analysts said the single currency had been under pressure during the European session amid M&A-related flows directed at the
      Reuters  -  329 words
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      1269 25 DtTERBAME CROSS RATES .M-jo A$ C$ Bmb Euro Ffr Dm HK$ Ind 8s Bupiah Y»n Won RM NZS Pafc »s Ptso S$ Rand Sfr NTS BaUt Pound USS Australia 0.851 4.786 0.625 4.102 1.223 4.495 25.889 51.371 0.624 6.409 2.191 1.263 30.*****.703 1007 4.027 0.968 17.925 23.192 0.385 0.577 Canada
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      1904 25 SICOM FUTURES Jul 20 RUBBER (futures closing as *t 5.30pm) RSS1 CONTRACTS cmti/kg) CtoM Yolumt Open Month High Low Sett (tonnes) Interest Aug 00 112.00 S«p 00 115.25 400 Oct 00 H6.50 Nov 00 117.25 RSS 3 CONTRACT (US ccnts/taj) 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 steal show again, leaping 8% to 8-month high
      2872 26 HONGKONG Reuters Fi Hang Seng +48.44 CHINA-RELATED H-shares sprinted to an eight-month high yesterday, distracting attention from Hongkong blue chips, as investors were eager to get in on a China share revival. The H-share Index surged 8.23 per cent to 521.20
      Reuters  -  2,872 words
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      Lock icon TAIPEI
      364 26 AFP QWP Index -***** TAIWAN share prices closed 2.3 per cent lower yesterday amid concern over the local currency's continued weakness and Wall Street's overnight losses, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 192.35 points to 8,219.53, following a 0.5 per cent rise the day before.
      AFP  -  364 words
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      Lock icon CHINA
      1054 26 Reuters QShenzhen &Index +0.02 CHINA'S hard currency B shares closed mixed in thin trade yesterday, under pressure from light profit-tak-ing triggered by a fall on the domestic A share market. The Shanghai B Share Index fell 0.5 per cent to 57.52 points with turnover up moderately at U5512.97 million.
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,054 words
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  • STOCKS klse
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      Lock icon Stocks fall on some foreign selling
      420 27 AFP d Composite Index -&5G MALAYSIAN shares ended 0.7 per cent lower yesterday on foreign selling of selected blue chips, dealers said. The Kuala Lumpur Stock Exchange Composite Index closed down 5.55 points at 835.30. The Second Board Index lost 2.23 points to 225.90.
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      8741 27 INDUSTRIALS Cmsmmt pntKts 2000 Last Vol Oay Net Coo HigH U» Cinm SM OOO High Lew F/l $mM 420 310 Aimomolo 360 4 6 360 340 19 7 MS. 9 158 62 Angkasa 79 unci) 7 00 79 116.5 670 290 Apollo Food Hlg 466 6 6 470 462 10.1
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  • SGX clob & regional stocks
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      2901 28 BONDS A WARRANTS M20 VI Vnrti Pthi/ [iMfY M I"** »«9 HIM Cm Um Mac Htm 1 *N» U» •«T» Safer Prtea iMhlUa Pnc. Tm»|T Laft 5 M %t£»8Z&7 1 S 'I <1° 3g0 .66 *32 12 31 24.5 S Amtak W*****0 27.5 unch 25 2S 27 5 27 5
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      Lock icon SEOUL
      311 28 AFP C 3 Composite Index -18.40 SOUTH Korea's Composite Index yesterday closed down 18.40 points at 778.90. Volume was 421.2 million shares worth 2.6 trillion won. AFP M 20 Wn An*m Sktn -.***** -2100 Brow Todi MS -30 C»ntr»l B»n« MS -»4S Cho« Comm *****0 -1000 2260 10 OMMnq
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      Lock icon BANGKOK
      761 28 AFP C 3 SET Index -%M THE Thai stock market dropped 2.1 per cent yesterday due to selling in large-cap stocks, in line with weak regional markets, analysts said. The Stock Exchange of Thailand (SET) Index plunged 6.69 points to finish at 307.85, while the SET 50 Index was
      AFP  -  761 words
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      Lock icon WELLINGTON
      275 28 AFP PjNKE-40 +<150 NEW Zealand stocks closed 0.02 per cent higher yesterday as the market held firm despite a dive by US technology stocks, dealers said. The benchmark NZSE-40 Capital Index finished half a point higher at 2132.39 on turnover of NZ5104.5 million. —AFP MH ktt COOO) Advantage HOS
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      Lock icon SYDNEY
      550 28 AFP QAII Ordinaries +0.60 AUSTRALIAN shares closed barely higher yesterday as gains in News Corp and the banking sector were cancelled out by losses in Telstra and Rio Tinto, brokers said. The All Ordinaries Index finished just 0.6 of a point higher at 3,259.40 while the SP/ASX2OO Index edged
      AFP  -  550 words
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      Lock icon MANILA
      271 28 AFP CI Composite Index -27.52 PHILIPPINE share prices closed 1.8 per cent lower yesterday amid market concerns over the Muslim rebellion in the south and a slide overnight on Wall Street. The benchmark Composite Index closed down 27.52 points at 1,489.47, the lowest level since June 1. —AFP Pw
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      Lock icon JAKARTA
      694 28 AFP CI Composite Index -&39 INDONESIAN share prices closed off their lows yesterday as President Abdurrahman Wahid refused a Parliament request to explain the firing of two ministers, dealers said. They said later gains led by Telkom, after the president said he would answer other questions raised by MPs
      AFP  -  694 words
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      108 28 NOTICE IS HEREBY GIVEN that I, LIM AH SUAN of Blk 233, Bukit Batok East Ave 5 #04-33 Singapore *****3, have applied for a Retail Beer Shop in respect of M/s L S Retail Shop located at Blk 347, Bukit Batok St 34 #01-268 Singapore *****7, and that this application
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      100 28 NOTICE IS HEREBY GIVEN that I, BENNY NG YEN HO of 31 Pulasan Road Singapore *****1, have applied for a Ist Class Public House in respect of M/s World Trade Centre Club Singapore located at 1 Maritime Square #13-01 World Trade Centre Singapore *****3, and that this application will be
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      107 28 NOTICE IS HEREBY GIVEN that I, LOW KENG LIAN of Blk 685-A *02-149 Jurong West St. 11 Singapore *****5, have applied for a 2nd Class Licence in respect of M/s National University of S pore Faculty Club located at Lower Kent Ridge Road Singapore *****0, and that this application will
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      110 28 NOTICE IS HEREBY GIVEN that, I Tan Boon Tee of Block 341, Tampines Street 33, #10-272, Singapore *****1 have applied for a Retail Liquor Licence in respect of M/s Chin Lai Supermart located at Block 710 A, Ang Mo Kio Avenue 8, #01-2625, Singapore *****0 and that this application will
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    Lock icon STOCKS sgx
    9565 29 SGX M A INBOARD TYansactUm date: Jul20 Or Or m m 52-Wk Last Vol Day LMt Quote 01* Mv YM N«t Cap Avg H** Low Company Solo COOO) Hlfft L— Buyf »o«or CV Wt Ww MULTI-INDUSTRY 16] 101 m c Acmo 50c 120 *1 90 120 119 "9
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      224 30 l *W«w«|lM| > l^^^ >- _J_^^^ 1 i X V, I' 'r t—« ,t. *r>r—t \tiij q!,fII^mR^IHBHBB^H^^^^^HMMH||MKBB -K. S^OM lypPV Sjp /,h^B HHhß||H i!j I JI 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
      224 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Platinum Pleasure
      1085 31  -  It's a privilege due to an elite few, corxnme serk talks to platinum card issuers and some members of the creme de la creme CORINNE KERK PLATINUM. It's exclusive enough, we hear, for some merchants to unwittingly reject it in favour of the more familiar gold credit cards,
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    • PERSPECTIVE
      • Article
        Lock icon Let's put 'civil' back in civilisation
        801 32  -  ■•'da the cuff Materialistic pursuits make a mockery of the Courtesy Campaign, but scarier yet is that snch actions are deemed normal jaime ee WHAT kind of person goes to an auction of a convicted embezzler's furniture and buys a sofa sight unseen because,
        801 words
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        Lock icon It's the service that matters
        929 32 COVER STORY 4 platinum cardholders talk about why they signed up and the privileges they enjoy ELSEWHERE, platinum cardmembers have been known to request weird and wonderful services from their card comanies. For instance, American Express had to source and deliver 200 white butterflies for
        929 words
      • STRAWS In The Wind
        • Article
          Lock icon Last off the big-time tippers
          109 32 BOYS will be boys. Three boys, obviously brothers, were at the cashier at Borders, the oldest boy buying the latest Harry Potter book, while his younger brothers were clamouring for X Men. When the cashier was about to hand the boys their change, the oldest,
          109 words
        • Article
          Lock icon Dumb and dumber
          59 32 AS they say, how dumb can you get? One public relations person called two BT journalists, and the conversation went like this. PR: "Is this so-and-so?" The reply: "Yes." PR: "Oh we just wanted to make sure you were still with the company." The startled journalist goes:
          59 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon That sinking feeling
        580 34  -  CINEMA The Perfect Storm, Wolfgang Petersen's 2nd boat onting, doesn't evoke terror that film calls for n u Parvathi Nayar DIRECTOR Wolfgang Petersen's cinematic return to water has been awaited with anticipation, thanks, of course, due to his previous, widely acclaimed outing on the seas (Das Boot,
        580 words
      • Article
        Lock icon When dinosaurs rule the small screen
        529 34  -  TELEVISION By Aaron Lye SUPER-realistic graphics; state-of-the-art animatronics and computer-generated artwork; live and breathe as the dinosaurs did. No doubt these are phrases you'd associate with a big-time Hollywood blockbuster like Jurassic Park, but think again. At US$l.65 million (552.85 million) per half-hour episode,
        529 words
    • MOTORING
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        Lock icon Driven to distraction
        431 35  -  What could be better way to get back at an old flame who dumped you for money than to live well? Out of fresh ideas? Christopher tan suggests the Mercedes Pullman CHRISTOPHER TAN 2>ev y °u told me I d never am me home to meet your
        CHRIS LOH  -  431 words
    • EPICURE
      • Article, Illustration
        Lock icon Chef celebrates 12 years at Hai Tien Lo
        454 36  -  CRAVINGS By' Tan Su Yen IN the 12 years that he's been executive chef at Hai Tien Lo in Pan Pacific Hotel, Chan Chen Hei has created quite a following for the elegant Cantonese restaurant with the excellent views. Chan himself is
        454 words
      • Article
        Lock icon Power juices
        102 36  -  Compiled by Tan Su Yen IT'S official. Juice bars are hot, er...c001. There's Übar in Pacific Plaza and Yabba Dooba Juice in Lido. Now Holland Village has a newly-opened Planet Smoothie. This casual outlet, located where Death by Chocolate used to be, offers fruit smoothies spiked with health
        102 words
      • Article, Illustration
        Lock icon Wining combination
        773 36  -  Chef Sunny Cristadoro marries her wholesome meals with St Supery's approachable wines, writes tam su yem TAN SU YEN SUNNY Cristadoro doesn't take her food or herself too seriously. As she says: "My approach to food is simple: Take good ingredients, don't mess with it too much just
        CHRIS LOH  -  773 words
    • STYLE
      • Article, Illustration
        Lock icon At The Retreat service is spa excellence
        975 36  -  Byl Tan Su Yen AFTER 22 years In the business, veteran hairstylist, Georgie Yam still gets a high from contemplating his own handiwork. "Sometimes on the roadside when I see people with great potential, I feel like dragging them to my salon to
        SIEW YAW HOONG  -  975 words
    • THE TRAVEL page
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        Lock icon Spanish Sighs
        1360 37  -  Holidaying in Barcelona, JAIME EE turns her back on the engineering genius of Antoni Gaudi and heads straight for the stars the three Michelin stars, that is, of 2 renowned restaurants JAIME EE IHA VE a theory about famed Spanish architect Antoni Gaudi, he of the many psychedelic
        PHOTOS (EXCEPT FOR SANTAMARIA FOOD) BY SAMUEL EE  -  1,360 words
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      Lock icon CINEMA
      767 38 Agnes Brown. Angelica Huston stars in and directs this soppy film about a woman who finds life after her husband dies. Century. 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
      767 words
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      Lock icon ENQUIRIES AND BOOKINGS
      112 38 Cathay Org Calhay 338-3400 tetshon 346-1816 Ochard 235-8386 Ficturehoua 338-3400 Yangtffl 223-7529 Eng Wall Empress 777-5867 JuMiee 454-1640 Mandarin 292-9401 Marina 338-9719 mteSKte 585-1782 QoMan VHIaoa 1900-912-1234 332-6098 for group bookings A wheetchar facilities Bisftan Boon Lay Marina Famines 8 rwngBahfu Ytshun Clemenfi/CoV«ealtfi 777-0669 GoWen/New Town 296-6466
      112 words
    • PERSONAL INVESTMENT
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        Lock icon Charting in unchartered terrain
        1879 39  -  YOUR MONEY Can reliance only on technical analysis enable an Investor to make double or triple-digit returns on stock trading? Paul thompson HOW does a life of fishing, golf and relaxing by the pool in the Australian outback while every year doubling your capital grab you?
        ARTHUR LEE  -  1,879 words
      • Article, Illustration
        Lock icon Increased buying lifts insider sentiment
        1000 39  -  BlEwl'jq markets By] Robert Halili Robert Halili is bureau chief at Asiascores.com THE Singapore Insider Sentiment remained in negative territory for the 10th consecutive week, closing at a semi-bearish score of -25.5 points for July 13-19. Despite this, the index is up from the previous
        Source: ITA  -  1,000 words
      • Article
        Lock icon Venture and Informatics seen heading north
        854 39 miiWAMea Venture Manufacturing There's plenty of activity at Venture Manufacturing, despite the recent hoo-ha over component shortages. IDEAglobal.com sees the stock going up in coming months. Venture recently snared a contract with US-based Agilent Technologies, a medical company spun off from Hewlett Packard. The
        854 words
    • UNIT TRUSTS
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        Lock icon Index funds face hurdles
        1401 40  -  Serena no and genevieve cua find out why the response to these funds has been lukewarm sbrema no and geiievieve COA POR the longest time, many in the market lamented the absence of index funds. Yet now that they've finally debuted a total of 10 funds
        Source:  -  1,401 words
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        Lock icon Europe safer, more attractive than US, says Deutsche Bank
        787 40  -  By\ Serena Ng GLOBAL investors might want to place their money in Europe rather than the US in the near to medium term, as the euro is likely to recover, the inflationary risk is lower, and European equities are expected to
        SIEW YAW HOONG  -  787 words
      • Article
        Lock icon Upbeat outlook seen for European equities
        556 40  -  Continental fond managers also believe euro will appreciate, says survey From, Neil Behrmann in London AN overwhelming majority of 131 European fund managers controlling US$3.7 billion (556.5 million) are backing the euro and stock markets from Frankfurt and Paris to Milan and Madrid, according
        556 words
    • PERSONAL FINANCE
      • Article
        Lock icon GE Life offers 3 feeder funds
        894 41  -  Genevieve cda looks at why more insurers are set to follow its move to feed into established unit trusts GENEVIEVE CUA GREAT Eastern Life, one of the biggest life insurance companies here, has just launched three new investment-linked products (ILPs) that feed into established
        894 words
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        Lock icon Plan for your retirement needs early
        1058 41  -  wise An ageing population raises several areas of concern that people should do well to take note of now By. Isaac Low Ee Meng The writer is with First Principal Financial Planning HARDLY a day goes by without some reference being made in the
        1,058 words
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        Lock icon Where on the investment clock are we now?
        554 41 It's probably 3d5 in the US and 2do in Europe, according to the Merrill model FT IN investment, as in life, good timing is half the battle. This is the idea behind the Merrill Lynch investment clock, dreamt up by Trevor Greetham,
        FT; Source: Lynch  -  554 words
      • Article
        Lock icon ACU DEPOSIT RATES Offered by various banks (as at Jul 19, 2000)
        1373 41 D«po«rt amount 1-mth 3-mth 6-mth Ogog «mourt 1-mth S-wth frnrth AS S10.000-A24.999 5 4400 5 5600 5 6400 25,000 74,999 4 9375 5 0000 5 3750 A25.000 A49.999 5 4600 5 5800 5 6600 75.000 149 999 5
        1,373 words
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      89 31 Epicure Breezy fare and I friendly wines from California EL 6 3-star dining under the Spanish sun EL 7 B LlHotoriiig f||! Alimo that announces: you have arrived t* v k '*1 n 'I i'■ 1 ■'■"~-t 1 <-t m---r -n n ———m A wave of sheer elegance. Breezy summer
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      244 32 CRYPTIC CROSSWORD acknowledged (8) IH jflj jflt 9 Fiancee at home and cared reversed (4) 1111. 1 I 11 11 Reckless villain can show so--13 This sort of clue is included I I I I the French game (8) 23 It allows time for paying 'It 'Hj 26 Duck on
      244 words
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      157 33 I AMRITA SPA, RAFFLES CITY. I I NOW OPEN FOR MEMBERSHIP. I I Presenting Amritn Spa*, Singapore's and personal training from fully certified most exclusive fitness and spa facility. staff. Classes are offered in Pilates, I Here you will find a stote-of-the-art yoga, tai chi, aerobics and kickboxing, cardio-theatre, tennis
      157 words
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      298 34 Where to wine, dine and entertain...^ 't -r Mfmrmrrt- witrrr- ~a -&>-* AWARD M MNMH DINNER 6.30pm 10.30pm Pricemhjectlo 10%»ervfce dmgeand pn mgovaiimaitt»™* 76 Br*. Baaah Road. Singapore *****8 Tel: 338-8333 /Fm: 339-6866 Web-iice http://www.carltoo.com.tg E-mail: Rr«taurant»eCarlton.com.«g K I I n available for your I I Company Dinner Dance I
      298 words
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      134 34 4 Roasted Whole Suckling Pig F Steamed Live Sea-Bass Fish with Lime Sauce (Thai Style) 'pM Deep Fried Fresh Prawns with fl3| Pepper and Garlic Braised Mushroom with Bean-Curd Puff and Lo-Han Vegetable Wra Braised Shark's Fin Soup with Dried v Seafood Sauteed Pork with X.O. Sauce Braised Noodle in
      134 words
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      164 34 An endless lunch and dinner a la carte buffet with 88 outstanding Cantonese dishes, prepared by Hong Kong chefs. All diners will be served with a complimentary Braised Shark s Fin Soup with Crab Roe, Braised whole Baby Abalone with Oyster Sauce and Salmon Sashimi. Lunch: $28.80 (Adult), $\7 (Child)
      164 words
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      113 34 ,V. N r ?tr Br he OILER relives themUSIC of the 60'st<> ,he 9o's§&' with to? /i _j pr~nfl U lit* rfiffrn WggWg>\> PIKA LuhcU W**\ Hovo CUingSg Rgsfovuy<n^f. With mouth-watering Dim Sum the delights-of-your-heort like Steomed Crob Meat Dumplings. Shark's fin Dumplings in Cleor Stock. Stir-fried Shrimp with Broited
      113 words
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      98 35 Qftwnmer (Sblace For Chinese food that stands out. r> M m dW Br m^Wi For authentic Cantonese cuisine that rises way above the ordinary, visit Summer Palace at The Regent. Whether it's a business lunch or family dinner, our team of chefs from Hong Kong will dazzle you as they
      98 words
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      123 35 Citibank gets you into the act! >"J ifl i-fj; Viagra! V <\* "Hil irious... Memorable... Refreshing;..." Ihe Str. Times N "A joy to watch! Hilarious! Incisively sharp!" I he I K ini; Inkpot nt ten In OX IPIA Yl Jirec U\l 6s projik eJ In I K U 11 AI
      123 words
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      53 36 CARAN dACHE OF SWITZERLAND o LEMAN COLLECTION. MAKE YOUR MARK. ,7 _c u -6 Sole Distributor: SILVAROYAL PRIVATE LIMITED 207 Henderson Road ttO I -06 Singapore *****0 Caran d Ache is available at leading department stores, major bookstores, specialty watch and pen stores For your nearest Caran d'Ache retailer, telephone
      53 words
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      52 37 i I V VI [atlss comi TVwa WTWNFT SMAJTT AND SWPlf^ I A/< j^j m P H a fc fl v fl B /"y* -fl fHf^ Introducing tiss.com The world's leading e-travel site/jfgS Best airline deals Convenient online booking Express ticket delivery /> '/s.?'■/ www.tiss.com.sg Hotline: 1800 847 7266 «o
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  • Page 38 Miscellaneous
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      Lock icon Page 38 Miscellaneous Column 1
      2450 38 TODAY'S TV McomroroTOTroto Kids Central W JS !»\V Blue's Clues. 500 Asia Today. MUSO P man TO the wrong site. She finds 0.30 Once Upon a Tree. 3-30 Asian Market Report. her life being deleted, and 10.00 The Adventures of Pad Headlines. tnA rncmiA dington Bear. 602 In Conversation. lIIC
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      80 40 L 1 uneedtrust.com The fact is, it's really hard to tell. Especially when the\sources of information are rarely objective. With UneedTrust.com, you'll be surer where to plant your money. Backed by highly qualified professionals, we provide timely information on unit trusts, using comprehensive database to cross-compare between funds And because
      80 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon Tech and healthcare funds score best returns
      1984 42  -  gemevieve cda finds out how their performance compares with other sectors and how fund managers view the outlook for the rest of the year GENEVIEVE CUA IN case you weren't looking, global technology funds are hot again. So is healthcare. If you had
      1,984 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      129 43 Bridge News Reuters PROMPT Atlantic Panamaxes continue to achieve strong rates with owners' optimism fuelled by further fresh inquiry, brokers said. Rates remained steady in the east for both Panamaxes and capesizes. A quiet day again with only two lots traded, Clarkson Securities Ltd, said in its daily
      Bridge News; Reuters  -  129 words
    • Article
      Lock icon MARITIME STOCKS
      300 43 SGX '000 ■WW s$ »n CWT Distribution 0.80 unch 56 Chuan Hop 0.39 -0.01 366 Cosco investment Oil -O.Ot 195 Freight Links 0.22 0.01 352 GB Holdings 0.65 unch 0 Hai Sun Hup 0.39 unch 151 IMC Hoidlngs-HK 5.60 unch 0 J«y» Holdings 0.16 unch 381 Keppel Corp
      300 words
    • Article
      Lock icon PIL invests $12m in Internet-based IT facilities
      438 43  -  System will enable its many offices worldwide to communicate real-time Byl Ann Toh [SINGAPORE] Singaporebased mid-haul carrier Pacific International Lines (PIL) is investing $12 million in an Internet-based IT infrastructure to facilitate real-time communication among its 124 global offices and agencies. This is
      438 words
    • Article
      Lock icon Indon vessel sinks off Australia; crew safe
      243 43  -  By Donald Urquhart [SINGAPORE] All 24 crewmen from an Indonesian cargo ship that sank on Wednesday off Australia's Christmas Island have been rescued, according to the Australian Maritime Safety Authority (AMSA). At 3 am, the 96-metre 3,440 tonne Sulteng I/Yefi radioed that it
      243 words
    • Article
      Lock icon Cargo ship crew rescued off India
      139 43 AP [CALCUTTA] All 21 crew members of a Panamanian cargo ship en route from Singapore were rescued after the vessel hit a submerged island off India's eastern coast and sank, a shipping official said yesterday. Six crew, believed to be from the Philippines, were
      AP  -  139 words
    • Article, Illustration
      Lock icon QE2 at British Open
      84 43 AP vs ,K rvf > TV,* a [ANSTRUTHER] A father and son play golf on the fairways I of Anstruther Golf Course as the Queen Elizabeth II weighs anchor in 6fathoms of water off the coast of the small fishing town of Ansfruther, near St Andrews
      AP  -  84 words
    • SHIPPING news
      • Article
        Lock icon Court has no power to vary undertaking: judge
        718 44  -  ADMIRALTY CASEBOOK By I Selva Kumar THE South African High Court has decided that it has no power to vary the security provided for the release of a vessel where the security was in the form of a private bank guarantee. The
        718 words
      • Article
        Lock icon S Korea to ban bank loans for yards that underbid
        320 44 AFP [SEOUL] South Korea has promised to deny bank loans to shipbuilders suspected of underbidding for overseas contracts following threats of trade retaliation from Europe, officials said yesterday. The promise was made at a two-day meeting on shipbuilding between South
        AFP  -  320 words
      • Article
        Lock icon Carnival cancels more 'Paradise' cruises
        182 44 Reuters [MIAMI] Carnival Cruise Lines, a unit of Carnival Corp, the world's biggest cruise group, said on Wednesday it had cancelled two more cruises due to a technical problem on a ship and the cancellations would reduce its parent's third-quarter profits by about 3 US
        Reuters  -  182 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      325 44 PACE ECU Line 6 ANL 3 ESP Lines 12 Accord 8 Evergreen 6 Ahrenkiel 13 'oongSun 8 Appens/iip 5 Fft Links 13 AsiaOCL 12 d-"" 1 Assets 8 Gemartrans 6 Austral 8 Genshpg 12 Avant 13 Global 12 B'tang Mas 8 Glory Nav 13 BSA 7 Hangli
      325 words
    • Article
      Lock icon SHIPPING GUIDE
      18345 51 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 01/06 14/06 BCL PATS* N 509 45 *****88 To ABIDJAN (ABJ) 2003 Cote D'lvoire 06/08 n/oa anl apl emerald 24s 45-*****55
      18,345 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        802 56 Vessel Voy Mo Berth Arrival Departure East Lrfter 259#tn 'jB 20/01/120 20/07/18 00 Bl B Utama ***** JOI 20/07/8 20 20/01/20:00 W Leader 6 J06 20/07/8:30 21/07/6:00 Ig Johor M V20l2r J07 20/07/9:00 21/07/6:30 limstar 2013 JOB 20/07/7:45 24/07/12:00 Winstar 2 24S00 J03 20/07/9:20 21/07/6:30 BayswaterllB M0178 JO2
        802 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1912 56 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofcinq/ltelancc Rstls Ship Voy No Etb/Btr Period From To From ACTUAIHA 07*004 23/*00 M 20/1500 20/1659 20/1900 20/1500 20/1659 20/1900 U N/1700 21/0*51 21/0900 20/1700 2V0*59 2V0900 1 *****0 ftfflW 21/MOO 4 2 VI200 2VM59 21/1700 *pi jAPtit mm a/mi
        1,912 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        181 56 &a| Singapore: National Day. Aug 12 Thailand: HM The Queen's Birthday. Aug lfl Germany: Assumption Day. Korea: Liberation Day. Amu 17 Indonesia: Independence Day. Aag 27 Philippines: National Heroes Day. Ang 28 United Kingdom: Summer Bank Holiday. Ang 31 Malaysia: National Day. Sep 12 Korea: Harvest Festival Day.
        181 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        773 56 THIS report, compiled by Cockett Ma rine OU 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        773 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        544 56 Carbon 180 Mai 990.8 0.5 18.9 0.08 78 0.04 M M Density Water ttsldu* Ash AImiMimi Sediment No above £25 0 0 4 0 0 0 380 Ave 966 4 0.2 13.4 0.06 43 0.02 Cum 380 Mai 993.9 0.6 18.2 0.09 99 0.04 k/m»i %w
        544 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon United, American Air put up strong showing
        615 57 US AVIATION INDUSTRY RESULTS Higher fares and rising passenger traffic offset surge in fuel prices AP [NEW YORK] Earnings at the two largest airline companies in the US, UAL Corp, the parent of United Airlines, and AMR Corp, owner of American Airlines, handily
        AP; FILE PHOTO  -  615 words
      • Article
        Lock icon Falling costs boost Boeing profit by 26%
        587 57 Jetliner deliveries delayed by engineer strike rebonnded in second qn&rter Bloomberg [SEATTLE] Boeing Co, the world's biggest planemaker, said second-quarter profit rose 26 per cent as costs fell and it caught up on jetliner deliveries delayed by a 40-day engineers' strike. Profit from
        Bloomberg  -  587 words
      • Article
        Lock icon Continental Air's profit higher than expected
        216 57 Bloomberg [HOUSTON] Continental Airlines Inc's second-quarter profit rose a. higher than-expected 16 per cent as an increase in passenger traffic and fare increases at the fifth- largest US carrier overcame higher fuel prices. Profit from operations climbed to US$l53 million (*****.22 million), or U552.46
        Bloomberg  -  216 words
      • Article
        Lock icon Virgin Express' traffic growth edges up
        337 57 Bloomberg [BRUSSELS] Virgin Express Holdings pic, Europe's No 2 publicly traded discount airline, said traffic grew 1.2 per cent in the first half, as it cut back on unprofitable charter business in favour of scheduled service. The Brussels-based carrier said the proportion of seats
        Bloomberg  -  337 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        2063 57 CITY FUOHT ETA FUGHT ETO CZ3S1 2045 S0804 1020 *M«M« AU$230 t850 AU$22? 2230 HmoI VHS0741 1310 VNS0742 0905 IH6381 1850 LH6380 2230 50**175 1830 50VN176 1035 S0230 1850 ***** 2230 VN***** 1410 Amtirlm K***** 0435 K***** 2255 Httyl TG407 1540 TG408 M40 y>iqu ""g! l\ll
        2,063 words
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      334 43 II THE SHIPPING CORPORATION OF INDIA LTD Nehru Centre, Discovery of India Building, Dr. Annie Besant Road, Worli, Mumbai-400 018 (India) Tel: (022) *****61 Tlx: Nos. 011-***** OSV IN Fax Nos. 0091-22-*****56 SALE OF VLCC MT 'KANCHENJUNGA' FOR FURTHER TRADING/SCRAPPING BUILT YUGOSLAVIA 1975, DWT-*****0 Tenders are invited for sale of
      334 words
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      1292 44 I NORTH AMERICA I EXPORT 1 I OTHER DESTINATIONS I SSX- SUPER SHUTTLE EXPBEBB PtRECT TO LONO BEACH [Til WIST COAST OF CENTRAL AMERICA (MARQARfTA SERVICE) vb® vot mat roan long ma daaias Houston mm hmton 1110 an U mm. wi THj n.aurml acajutu wmhowco cotwro r amaul Mmvßmml ami"
      1,292 words
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      715 44 Lines services represented by v^em^ers of 7 Accredited Shipping Agents, < i'jit2jy Singopore Shipping Association Members of (be Singapore Logistics Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE MV "CEC DREAM'' V.0003 ETA SIN 31/07/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO K"" RUM/SMMron/iMuni
      715 words
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      1112 45 TO EUROPE FROM EUROPE *5! V* WM AMR HAM RRV SOU fit IB) IvBSB VOT I m <IK MM WY SOU m UH <M rrw 53JW 21/07 04/00 00/00 tl/M 12/00 NOLAMAZOWTI 029E 01/07 20/04 29/0424/07 70/07 API AGATE 021W 24/07 11/06 12/01 14/00 04/01 HY GENERAL 32SE JO/04 01/07
      1,112 words
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      1724 45 OHANJIN SHIPPING iikFl 4 MsfWr.l* -S*s *****30 HAMJW SHIFTING (S) rrc ITO b»» aw tOOtINC *****3S 737 SALES *****74 731 DOCUNHH *****71 774 OfttAIKKS *****5a751 WUN LINE *****55 FU *****45 CI NO **********0 M TO NW USA A CANADA USA CAMAPA' > Mi SM UNI HAU./WT M |»|«"|oi| W W
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      Lock icon Page 45 Advertisements Column 3
      408 45 vtssa voy sin ntG voy sin hkg w use pus rasa toy yw jkt sui KMK WSAI OIOS 21/07 71/07 30/07 01/01 02/01 21ZBZ OgZ JBSAi I£2 71/D7 25/07 27^7 Q« w w m>7 MP ug ZMZZZMH l**s lOR 73/07 02/ M 21/07 Mi MASOYIA 3SS 73/07 25/07 3SH 74/07
      408 words
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      1760 46 SENATOR LINES TO UK/CONTINENT TO MEDf iIsIHRANEANCANADA vessel vot aw LtH rtm awh ham wv ax ga voy TT sn tw ros w.c mtw PUSA* SENATOR l»14W 1» 07 MM MM 17 M MM MM lIM PATHOS SENATOR MKW IS 07 Mf7 DM 03 M MM 12 M HAMJM BREMEN
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      1031 46 WIAM MAC-NELS S'PORE M'SIA CafTlnr: MN CONTR LIMES, INC p.guoahg (07) *****26 \~\\y J cm NOt **********0 C SIBU: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KEIANG: (03) *****77 JKT: (21) *****45 KUQBNG (082) *****1-3 BARCELONA MV "NORASIA HONGKONG" V.MW 334 ETA
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      724 46 EXPRESS CONTAINER FEEDER FOR N SHEVA (CFS MULUNO MUMBAtCOLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0 POOfTS Vessel S PORE N SHEVA COLOMM PKLANG CAPE CANAVERAL V 1»W 23 JUL 01 AUG (5 AUG 11 AUG TULSIOAS VI2S 30 JUL DO AUG 12 AUG II AUG CAPE CREUS V
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      1739 47 IOVtSSEL VOY HKG KHH SIN PKL OXB IA DAM KK IHAN TEHRAN PCL-164 21/07 23/07 2S/07 29/07 06/08 07/0« 09/08 11/08 IRAN TABATABAEI PCL-165 28/07 30/07 04/08 03/08 13/08 14/08 16/08 18/08 WAN ISFAHAN PCI-166 04/08 06/08 11/08 12/08 20/08 21/08 23/08 23/08 IRAN BAAKERI PCI-167 11/08 13/08 17/08 18/08
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      1188 47 NEW service 1 dr MtfCT 10 COLOMBO I I v gym wmittiT J I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (l/L) :^2oSBo^ToHoSrOfFKr"™^™ COSTAR SHIPPING PTE LTD #12-00 saus/bkgs 42ostsz/43 inward dept (D/O) *****86 COSTAR AGENCIES (M) SDN BND CRNO: **********011 SINGAPORE *****8 CONVENTIONAL
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      1120 47 IMPORT I g£ jvPT m ia m am hmi ihy ajl wok vqy .m.m.m. j» hi I HjrorruM) asm 25/07 ii/n ij/n m/m is/m u/m Tt/m hjmbthdui owi 79/04 01/07 03/07 04/07 nht I am nm VM tiM im am sm :wl :mi M/ 67 fiffi \tnrv>% m m |H«w
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      623 48 EUROW/UK/SCANMNAVIA/HNLMND/RUSEtA SERVICES EXPORT VESSa/VOYAGE |SGP RDM HtG T THP ZEE ANWLHV I DIAMORORW-QI4 jJI Ol 14/08* 15/08' 08 ItflT EMVINERWOII 30/07 JIM 9/08 21,' M 22/08 24, OS 23/ OS I PEUIIE RSNIIS OS/OS 24/ OS 26/08 28/08 21/08 I 31/08 30/0S AiSO ACCEPTING CARGO TO AND FROM:- FINLAND, DENMARK,
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      376 48 ARABIAN PERSIAN GUIF/MMAN SUB CONIMMT SERVICE EXPORT VESSEL VOYAGE SGP CMS DUB MA ARU DMN SAN KM NXV UNASSMT 0622D11W 25/07 21/07 03/08 04/08 05/08 UM PCUOCMTOI3S-OOIW 25/07 71/07 04/08 04/08 07/08 01/08 KING HE 0176W 28/07 01/08- 12,08 UNI ADRWT *****22W 31/07 04/08 01/08 10/08 11/ OS UNI ASSURE
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      692 48 f jSSgPff PACIFIC INTERNATIONAL UNES (PTE) LTD A I .gLSLJwJI4O Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO *****670U00E 1 ll*" 11 WT pig stp mtmm un m rtc gI I 818. .i. iKt-MI-ffi LIMA AUSHAUA2 563 29/7 31/7 t/l 12/1 ?0 26 t 21/1 I I|**Sa VOT PtG~
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      389 48 IMjlflMUflfl SO TELOK BLAMGAH ROAD *02-02 CfTIPORT CBTTRE STORE *****1 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W «ssa 0 ra ra oEsnwrm NAftKWA *****0 nwvm 2CT/2M PALEMBANG"HU(TOK" fKL BALAM KAGURI OHM 23****** ZWMS PALEMBAN&PERAWAHG KAGUH »?000 02M2000 (OUTfIOO PONTMNAK For enquiries and bookings please contact
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      378 49 BSA n. M MYANMA pBBk FIVE STAR LINE (Myaamor Notional Line) Loading for Yang on VKSU VOT SM PKI PEN PGU MAWLAMYINC 90W SU> SAGAMG 68W SID BALATSIA AGENTS: OOUSTEAD SMPfWG AGENCIES Kill: Til 03-*****00 PKL TU 03-3176*101 PBt TH 04-*****02 PGII: TH 07-*****21/4 M BANK LINE (A strvict oi
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      1272 49 HMNE* HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT 51 SOU 181 RIB AW HAW IV |VB3a I VOT I SOU I 181 I RTB I ANT I HMI MY I sal TOE S3BW 21/07 11/08 12/08 06/08 88/08 NT GBBtAI 3251 05/07 28/06 88/07 81/87 22/07 An AGATE 021W 24/07
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      734 49 vOOv WALLENIUS WILHELMSEN I TO NORTH AND LATIN AMERICA "CM RORO HEAVY LIFT S£RVKE" Ivtssa VOY lIAMP HBGWT SIN IK MAO MIA SAV IAI QH trtc Nn» ■nf~| TALAOOT AHOIS 4001 ms 6.3* 29/07 25/01 02/09 05/09 0770T OVOT To7oT TY/WIW *****~ TAMPERE AHOI6 4001 ms 6.3 M 10/01 09/09
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      1734 50 MMQKOMUP TA PHUT/LABM CHABANG JAKAHTA/PAN J AHQ vkm 1 VQT |sm m MTF lch~ Visa VOT sm Imt rm jwhajuuh m mi mz mz_ q "L £%f MmuL: **_jm —m =—ML. r zLJii m i m_ uss m msm l*» 25/07 28/07 21/07 n/U mmtaw 111! ?5/D7 m 707 MANtmjM*-
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      57 53 1— Jfifaman, limes II n I i i Hoti i nfYv y O T 1881 m KL PHU fKI SIN PAKJ PAD CITY I 081 HOU MOI M£M 134 B 26/07 23/07 23/07 20/07 2S/07 21/07 N/07 D 21/tl 01/04 00/09 07/09 09/09 |01 |Hl"/0«l0«/0« '7/00 H/00 10/00 22/00 1
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      107 53 New Advertisers/Services/Agencies YANGON See Page H EAGLE CORPN. (PTE) LTD JAPAN PORTS!! TURN TO Page 7 an NTL NAIGAI TRANS LINE (S) PTE LTD NORTH CHINA SERVICE See Pag* 5 Daily COSTAR SHIPPING PTE LTD FREMANTLE COCOS CHRISMAS ISLAND WESTERN AUSTRALIA Turn to Page 8 Daily ASSETS ASSETS SHIPOWNERS MANAGERS
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      63 53 SHIPPING WAREHOUSING lot am: Smgapwv Ouh> Men to Sal (BATAMINDOI/UI) AcvefXmg H1 A c *rv it** inal/PronxVl kav\ Lift CxfoA Reefer Container iMtan: Singapore Looting Mon. Wod firi (BATAMINDO D) Accepting HTIA unwMHWttl/Prujea Heavy Lift Cap) Ttfc 227 0322 Fu: 222 9330 f Ui„ L ||J NTOMMOO VTH 9ROVSMJ rif
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      1013 54 SAMUDERA SHIPPING LINE LTD ■■■■I 72 A»m Road, *06-01 to 03, Sin«oporo *****1 MAIN UNI/OUTWARD: 532 Ml WW AID (WO): 437 7341 IMPOST STATUS (WD): 437 2371INYINTOCT (WO): 437 2420 Wobsito http://www.MMorforo.coa CR NO. IR4*2*3OOOON (Celio/Jessica/Mei Chon/J«*lynn/Doro/Yvonne/Honim) 8 SLGS/WEEKLY 3 SIGS/WEEKLY I*"* 1 I voy sw I mi Ivcsn 1
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      840 54 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO WG I SM I JOT 1 SUP HW PP6 CMP POM HAI im Of SAV WW TAM HOU gUMIAMi ?w 10/07 p2/to 04/pp ip/oo n/w in* w/oo ti/01 20/01 11/01 01/10 04/10 n/10 is/10 HffiH PTK /96H -22Z8L-2IZBL-lliflL-82/fIL JIZM-JZZM-Jl/g..22ZM-JIZU 22/10 23/10 14/10Itr
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      160 54 vcsa m eufoi oat «or eusm my KUUASUII 7UIS a/07 SAT 2HIN HAO SAT WAUSIAII JIUS 7W SUM 7U2M M/ 07 HON BJAUSIAM IMS M/tS MOM ma 2V87 IT~ omusmii jiass w ia tusT vw IST" OIAUSWI 71 MS V/W THU 7IMM JI/D7 "ST" BMusiwi jiwT ""55 tutT n/to "su
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      638 54 hESB ENG LEE SHIPPING CO PTIIID I W: SIJN7S I* Übm) Fu: S33OSM/S3M9M I I T aiInISIHMMW I VESStI VOT SM FTA SM FTD KSTMATKM Unjuooyc 8/00 21/0/ 27/07 Dunn/*mm% UmrSib37 6/00 22/07 23/07 B«omt UronSttlO 6/00 22/07 27/07 tttrc UMHSMI 7/00 24/07 2S/07 BIN Uwr.SK* 12 7/00 24/07 2V07
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      628 55 I VESSEL VOY SIN WAASIJ^I TIGER STAR 818N 21 22/07 27 30/07 04,05/08 I TIGER RHYTHM 819N 2S-2&07 3103/08 08-09/08 I TIGER BRIDGE 820N 28-29/07 0306/08 11 12W I TIGER METRO 821N oH)2rt» 07 10/08 15-16/-8 I TIGER STAR 822N 04 05/08 10-13WJ8 I TIGER RHYTHM 823N 0809/08 14-17/08 22-23/08
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      1203 55 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: Flesin@sin9net.com.sg DIRECT CONSOLIDATION SERVICE TO •OSAKA/NAGOYA *LAEM CHA BANG •LAI/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 HEAVY LI FT CARGO Lawrence Lim *****78 lawrence@flesin.com.sg WAREHOUSING LOGISTIC SERVICES
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      1072 55 For >00^'n S enquiry call *****80 ,/jJV Wakatß http://www.ood.ciiß \~A/ USA/CANADA >'wn sgp lci oi memim hou I »s**l mm lire hou oi la sgp OOd IMAM 35(530 24/07 HAM 14/01 17/01 17/01 14/01 I OOQ HfttM 34W524 27/04 21/04 21/04 30/0* 05/07 JW OOQ AM9KA ***** 02/00 IMR 21/01
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      86 55 REGULAR SERVICE TO INDONESIA ETA ETC DESTINATION CHAHAYASTAR 21/07 2407 PORT KLANGWSIR GUDAN& JAKARTA CHAHAYA VICTORY 2407 2507 JAKARTA TBN 2607 2807 PALEMBANCVPONTIANAMYEDAN PANGKAL BALAM (EAST TMOR) BEGULAR SERVICE EX YANGQN JUBILANT 25/07 29/07 VISAK/CALCUTTA REGULAR DIRECT CONTAINER A BREAKBULK~~j SERVICE TO PORT LOUtS 4 DURBAN EXPORT VOY SIN PTL
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      141 56 V SSSXV 25 b—J 1 a I ■■F 10 )fe 11 ~rtt 3E d&k-A LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers Rain emperature ~S Wjnd direction and gpeed j n knots Weather w Cloudy Day CXJ u a7w Wind speed symbols Sea Cond,lions O Full circle w/o
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      282 57 ASIA WESTBOUND RATE AGREEMENT (AWRA) EASTBOUND MANAGEMENT AGREEMENT (EMA) INCREASE IN BUNKER ADJUSTMENT (BAF) Arising from the regular review, Member Lines of the Asia Westbound Rate Agreement (AWRA) and Eastbound Management Agreement (EMA) wish to announce that the current level of BAF USD 61 per TEU will be increased to
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      247 58 Smit International Singapore Pte Ltd started life in the region area of specialised maritime services, including salvage and wreck as Smit International South East Asia (Pte.) Limited. The main removal, port, coastal and ocean towage, landfalls, pipeline and activities of the company then were salvage and towage. Within the cable
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