The Business Times, 27 July 2000

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Total Pages: 50
1 50 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial .com.sg/ THURSDAY, JULY 27, 2000
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  • 71 1 m umsi (-19.13) 803J12 (-7.02) </ nSTDQtEZFOniES U 2,071 (-16.00) J*:* rjsmsciPtmjiEs M ***** (-2.90) STOCK HAKKET INDICES Wednesday Change KLSE COMP 814.96 -4JH NIKKEI m *****61 -70.96 HANG SEW} 17,***** +244.89 SETINDEX 291.43 -416 JAKARTA COMP 496.69 199 MANILA COMP _U78JJ 417 TAIPEI *P! +41.15 SEOUL COMP
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  • 81 1 POSEX BATES USt SI B8I 1.746 S(US$/8Sper£) till 1661 EUROfUSS/SS/E) 0543 1.646 DM 1074 1.189 YEN 109J L6S7 RM SJ909 2.178 HK5 7.718 4.470 [BART 4158 23.66 f BUPIAH 9,080 0.019 'St to 100 units V.VI 9 'Stto IQOunta TIME BATES SINGAPORE* 5.80 HJALA LUMPUR 7.67 JAKARTA .39.90 &ANGKOK
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  • 748 1  -  Gas Dnr likely to use this as a rallying point to galvanise support for himself Prom\ Shoeb Kagda in Jakarta SENSING growing public anger with the snail's pace of investigations against former president Suharto, the Indonesian government yesterday announced that it had gathered
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  • 890 1  -  Strategy: When a company consists of an assortment of unrelated parts, break it np By Siow Li Sen [SINGAPORE] Brierley Investments Ltd (BIL), which shifted its global headquarters and primary listing from New Zealand to Singapore early this year, is training its eyes on
    CHRIS LOH  -  890 words
  • 528 1  -  By. Parvathi Nayar [SINGAPORE] Art has emerged a winner at the Singapore Racecourse in Kranji the Singapore Turf Club spent $1.5 million on works by local artists to do up its premises. The Art of Racing the showpiece of the collection was unveiled yesterday by Kit
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  • Page 1 Advertisements
    • 101 1 DBBPE BT Comment IDA'S new Technology Roadmap is realty for experts. For the rest of us, it helps to take a tip or two from Tiger Woods. ftoxt Pmgm Stratech worth a buy? Pg 4 Top stories MCL Land may sell 2 sites worth $400 m. Pg 8 Markets edgy
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    • 7 1 Property market ni Executive Suite, Back Page
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    • 75 1 GENEVE fr/syw.) 756& The movement L.U.C Heir to a proud watchmaking tradition IN SINGAPORE: Chopard Boutique, 435 Orchard Road no. 02-.%. U isma Alria. Tel. 65/737 64 51. Dickson shops: The Promenade. Centrepoint. Suntec City Cortina shops: loicky Plaza. Millenia Walk. Raffles City, Paragon Sincere Watch shops: Lucky Plaza. Ngee
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    • 747 2  -  Fears, too, that Nippon Credit Bank deal may fall through because of Sogo From Anthony Rowley in Tokyo A FRESH round of nervousness gripped Tokyo financial markets yesterday as rumours swirled of the resignation of the governor of the Bank of Japan,
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    • 826 2  -  I-I i comment TECHNOLOGY IDA'S new Technology Road map Is really for experts. For the rest of us, it helps to take a tip or two from Tiger Woods kenneth james WANT to know what kind of info-communications technology Singapore is likely to adopt
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    • ON THE grapevine
      • 67 2 THE ugly side of Singaporeans showed itself earlier this week at Stratech Systems' IPO launch at Caltex House. Seen were groups of professionals queueing up for copies of the mainboard-bound company's prospectus, which came with a free calculator. Among them were a few individuals
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      • 41 2 WONDER why women bankers in London and Singapore dress alike? The latest fashions among high-powered women bankers in both cities seem to be two to three-inch high thong-like sandals, baguettes and knitted tops matched with flimsy cropped cardigans.
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      • 56 2 THESE are the results of BT Online's poll on IDA's plans for broadband: The Question: Are you excited about IDA'S plans for S pore's broadband and wireless revolution? ♦Yes, I can't wait to surf on my phone: 66.0% ♦No, what I've got now is good enough. 15.8% ♦Er,
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    • 495 2  - Rajah Tann in strategic tie-up with US law firm Weil, Gotshal won't practise law here, so no licence needed Conrad Raj [SINGAPORE] Law firm Rajah Tann has forged a strategic alliance with leading American practice Weil, Gotshal Manges instead of opting for a joint venture under Singapore's plan to liberalise
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  • Page 2 Advertisements
    • 185 2 10 th August 2000 Holiday Inn Park View 9.00 am 5.00pm Conduced by: ANDERS RAMSELL, SWEDEN FEES *****.00 per participant (Inclusive of lunch, 2 coffee breaks, training materials certificate of attendance) COURSE CONTENTS 1. What is Key Account Management? 7. Defensive Key Account Management 2. Lateral thinking in Key Account
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  • Page 3 Advertisements
    • 154 3 |l 3885 2*■ Ihr JflMg InSFmN* 3 I WINNER OF A URA ARCHITECTURAL HERITAGE AWARD, 2000 Today, it is reassuring to still be able to own a piece of the past. To come home to a gentle, early-style bungalow with Victorian influences, knowing it has a rich and colourful heritage.
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  • SINGAPORE companies
    • 627 4  -  Startup costs hit hotel gains; cushion from commercial properties Kalpana Rashiwala RAFFLES Holdings yesterday posted a slim 5.6 per cent rise in interim group net profit to $33.3 million. A 4.2 per cent fall in hotel earnings was offset by
      CHRIS LOH; Source: Bloomberg  -  627 words
    • 315 4  -  It was most active counter with 130.3 m shares done By Christopher Tan AFTER a frenzied debut that saw volume going like a runaway train, SMRT Corp ended its first day on the main board just above water with a half-cent gain. The
      Source: Bloomberg  -  315 words
    • 256 4 AFX-Asia SINGAPORE Telecommunications Ltd's three months to June results are expected to be flat to slightly lower, with the initial impact of competition from Star Hub likely to be negligible, analysts said. SingTel's first quarter results are due tomorrow after the market
      AFX-Asia  -  256 words
    • 656 4  -  Koah Kok Kim blames Kurt Lindblad for $8.3 m loss over past 3 years /{>/( Conrad Raj METALOCK executive chairman Kuah Kok Kim has hit back at predecessor Kurt Lindblad, who aims to oust him from the marine engineering company's board at
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    • 266 4 It will bay 13.4 m shares from Stratech IPO at $1.10 apiece KEPPEL Telecommunications Transportation will pay $14.7 million for 5 per cent of mainboard aspirant Stratech Systems. Apsilon Ventures, a wholly owned e-business investment arm of Keppel T&T,
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    • 731 4  -  iMllock siew andrew wee WITH a solid business model, a stable of proprietary technology and a profitable track record, mainboard-bound Stratech Systems could be exactly what investors burnt by pure-Internet plays are looking for these days. But will they pay the relatively
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    • 365 10  -  Shares trading at premium to those in Australia, bnt there is a time-linked risk By Ling Su Ann DUAL-listed counter Tat Hong Holdings is the latest stock to come under the scrutiny of investors looking to make an arbitrage profit. Tat Hong, a
      Source: Bloomberg  -  365 words
    • 450 10  -  It sold out at a price of 99.669 to yield 7.205 per cent By Serena Ng PSA Corp has received an overwhelming response to its globally offered senior debt issue and has priced the fiveyear $500 million bonds at 107 basis points over
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    • COMPANYBriefs
      • 38 10 ROLY International Holdings has proposed a l-for-2 bonus issue. The bonus issue will help boost Roly's capital base to support continued growth in business operations and to enhance liquidity of the company's shares.
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      • 76 10 AFX-Asia ST Engineering unit ST Aerospace and BAE Systems have signed a memorandum of understanding to further enhance Falcon ONE. Falcon ONE is ST Aerospace' F-16 avionics upgrade suite. The enhancement of Falcon ONE will involve joint collaboration with BAE Systems pic, which
        AFX-Asia  -  76 words
      • 22 10 DATACRAFT ASIA has appointed its chief operating officer, Koh See Heong, to the company's board of directors.
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      • 50 10 NATSTEEL Ltd has subscribed for a further 6 million shares in wholly-owned subsidiary, Nat Steel Technology Investments Pte Ltd, at par value of $1 per share. The subscription will bring NTl's issued capital to $9 million. NTI holds Nat Steel's investments in technology companies.
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      • 38 10 CIRCUITS Plus Holdings said Chern Wee Ling has relinquished his executive duties, but remain as nonexecutive chairman and director. Tan Ming, the current managing director, will assume all of Mr Chem's executive duties.
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      • 43 10 Corrections Clarifications OUR report yesterday "Clock ticking for SC Global's listing status", said Simon Cheong and First Capital Corp took over SC Global in March. FCC was not one of the concert parties involved in the takeover. We are sorry for the error.
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    • 237 10 SINGAPORE Airlines has ordered three 777 jetliners from Boeing Co, the world's biggest plane builder, for US$45O million (Ss7Bs million). The carrier plans to exercise options that came with earlier orders for two of the 777-200ER versions of the aircraft and one
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    • 452 10  -  By Andrew Wee THE plunge in MediaRing.com's share price over the last four months has translated into a $2.5 million paper loss for the founders of eWorldofSports.com (eWOS) because of a fixed-price share swap agreement. According to a Mediaßing announcement earlier
      FILE PHOTO  -  452 words
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  • Page 5 Advertisements
    • 87 5 ly HOW WE SEE While others see you as an SME. we see you as a partner with the potential to grow. Strategise with a financial partner who can help those who dare to think big. Keppel Tat Lee Finance. We share your vision. Factoring Accounts Receivables Management Services: Cash
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  • SINGAPORE markets
    • 575 6  -  I :j comment STOCKS teh hooi ling SINGAPORE stocks yesterday closed down for the fifth straight day after an early morning Nasdaq-inspired rally fizzled out. The brief rally, lasting all of one hour, sent the Straits Times Index up by
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    • 165 6  -  WARRANT WATCH Wong Wei Kong GUTHRIE GTS warrants rose 5 per cent or half a cent to 10.5 cents yesterday. Volume was decent at 278,000 units. The underlying shares closed unchanged at 31 cents with just 47,000 shares traded. With a
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    • 232 6  -  HOT STOCK By Wang Wei Kong SHARES of network integrator Datacraft Asia finished as the market's biggest gainer yesterday. Datacraft shares rose 3.45 per cent or 25 US cents to US$7.5O. The stock opened at US$7.3O and hit a day high of US$7.BO and a
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    • 138 6 ♦I-ONE International announced that its wholly-owned subsidiary, International Communications Media, has acquired two subscribers' shares of $1 each in the capital ofViewlive.Net. ICMhas further subscribed for an additional 999,998 shares in Viewlive. The total cost is $1 million in cash. As a result of this acquisition, Viewlive is
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    • 358 6  -  hid comment CURRENCIES larry wee THE Thai baht continued to make new lows in Asian trading yesterday, although it recovered somewhat after testing key support at 41.30 per US dollar. Latest Thai finance ministry remarks taking a benign view of the
      Source: Reuters  -  358 words
    • 507 6 Stocks Volume SMRT10C.. 130,250.000 Ionics P$1 00 40,938,000 ITech 4c 29,789,000 Goodpack 1c 25,716,000 IPCO 20c 21,499,000 Unisteel 5c 16,123,000 LafeTech US4c 13.446,000 MediaRing 10c 13,150.000 North 22 US1C 12.633.000 Jadason 1c 11,494,000 Stocks SMRT 10c 82,301.525 Chart Semiconductor 26c 56.272,854 Ionics P$1.00 28,796,335 DBS Grp 28,723,573 ST Assembly 25c
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  • Page 6 Advertisements
    • 140 6 Only One Courier lets you move someone else's shipment i i ii L International express parcel delivery has changed. Permanently. With One Courier.com. you can send a shipment, receive a shipment and you can also arrange a shipment between two other parties (try doing that with any other express delivery
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    • 49 6 YOU CAN NOW PUT YOUR CPF SAVINCS IN EICHT. important All applications for units in eight must be made on the application accompanying the prospectus investors must read the prospectus The value of the units and the income from them may faM as well as nse S3l JHSRAr* i
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    • 371 7 This advertisement has been approved by Deutsche Bank AG London, regulated by SFA for the conduct of investment business in the UK The services described in this advertisment are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation Source Euromoney.
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  • SINGAPORE companies
    • 552 8  -  Sale of 78 Shenton Way and Jumper at Ardmore expected to fetch $400 m By- Kalpana Rashiwala MCL Land is considering selling its 78 Shenton Way office block and its Juniper at Ardmore apartment block, together worth almost $400 million, sources say.
      ARTHUR LEE  -  552 words
    • 379 8  -  By David Boey AFTER a dry spell following Nasdaq s crash in April, information technology companies are returning to the IPO scene with renewed gusto. Two IT-related companies said yesterday they hope to float shares on the mainboard of the Singapore Exchange soon.
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    • 275 8  -  Marissa Chew DBS Land said yesterday it had sold a quarter of its 5.13 per cent stake in Simon Cheong's SC Global Developments. A statement by DBS Land said wholly owned DBS Realty sold 1.22 per cent
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    • 421 8  -  It says results reflect strategy to rationalise group's operations Ny Andrea Tan FREIGHT Links Express Holdings remained in the red for the second straight year with a net loss of $6.1 million for the year ended April 2000. as the group
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  • Page 8 Advertisements
    • 450 8 As the sun the old economy more companies like Dell are B /I turning to Microsoft for 9 their eßusiness solutions.,^lk vl Jl a -1 -mm Em MB Just as certain as day follows night, the business of doing business commitment to eßusiness. Dell has built a billion dollar business
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    • 16 8 221 COMPUTER PRODUCTS/ SERVICES To scan valuable information, log on here. CAT! The Straits Times Classified
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  • Page 9 Advertisements
    • 394 9 j^ j djl Everybody needs healthcare. So why not invest in it? lINTTFD Young or old, we ail need outperformed the S&P 500 Index 1 it might be construed that Morningstar) healthcare fund in USA 3 i j healthcare. Indeed, our reliance investing in healthcare could be 'just what the
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  • SINGAPORE news
    • 421 11  -  P=N 4 on the economy manufacturing Audrey Tan NO SURPRISES were unveiled in the June industrial production figures released vesterday, as continued strength in the electronics segment powered the manufacturing sector to grow 11.4 per cent last month. June's number brings the second quarter's manufacturing
      Source: EDB  -  421 words
    • 519 11  -  Personal financial planners work the retail segment and being commission driven, are among top earners By I Siow Li Sen PERSONAL financial planners, a new group of bank sales staff, are pulling in as much as the top income earners in Singapore. Unlike
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    • 237 11 SCHOOLS and families had to work together to pass on sound values and attitudes to Singapore's children. Education Minister Teo Chee Hean said last night. In particular, the Malay community had done well in emphasising the need for holistic development of the
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    • 577 11  -  Yen predicted to surge to 98 against US$; euro to langnish By\ Larry Wee THE US dollar is not weak, the euro is vulnerable, the yen will get much stronger, and current regional currency weakness will be reversed from September, ABN Arrro bank
      ARTHUR LEE  -  577 words
    • 360 12  -  m exclusive PROPERTY NEWS An exec director said to be quitting soon while 2 directors are serving notice Byi Andrea Tan PROPERTY consultancy Colliers Jardine is likely to see a further exodus of staff, with two top property management directors departing and
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    • 324 12  -  Move to form one-stop property management shop Ity] Marissa Chew DBS Property Services yesterday launched an alliance with three partners to capture a fifth of the local property management market. The alliance called Hives, for Highly Innovative Versatile Enterprise Solutions will
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    • 193 12 THE Rhema Centre, a new high-tech logistics warehouse in the Changi South Aviation Distrizone, was put up for sale yesterday through sole agent Jones Lang LaSalle. The six-storey building has a site area of about 7,674 sq m and a gross floor area of about
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    • 214 12 FORTUNE Jade, an 85-unit freehold apartment at Dunman Road, will be launched on Saturday beating the "Hungry Ghost month" by two days at an average of $760 per square foot. Meanwhile, at the Queens condominium in Stirling Road, another seven
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    • 287 12  -  By Bryan Lee THE Building and Construction Authority (BCA) has launched a publicity and consumer education programme to promote the adoption of prefab partition systems. It kicked off the programme yesterday with the display of a prefabricated showhome at the "Fast Forward to Future
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    • 378 12  -  Plant will produce polyphenylene ether powder by Oct 2002 By Eugene Low ASAHI Chemical Industry and Mitsubishi Gas Chemical have joined forces to invest US$ll4 million (*****.4 million) in a new plant on Jurong Island. The plant 70 per cent owned by
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    • 392 12  -  MAILHnSH Denis Distant Singapore via Internet I REFER to the letter "General offers usually fair" (Mailbag, July 26). While I agree with the comment that minority shareholders can brush aside an offer and wait until a better one comes along, this may not
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    • 63 12 2~)aiiy Tssentiats Coffee, Muffins, The Business Times Get the first two for free and the third at an irresistible price r cmßAN<o"~~ mm Just come on down to the Dome Ccife at Suntec City from Jul 25 to 28 between 10.30 am and 3pm to find out more about this
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  • Page 13 Advertisements
    • 380 13 I I I I I 1 I I UH I I ::r I E m I SH BBIJ I 1 'I sH I 1 IH I QH 1 Why lock yourself into a proprietary Office Suite when the Net is all about freedom. THE NEW STAROFFICE"" 5.2. IT'S FREE! What
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  • EDITORIAL & opinion
    • 720 14  -  ■m!E=I bottom line OPINION lee tsao yuan The writer is the director of the Institute of Policy Studies. This commentary first appeared in the Economics Newsletter, a publication of the Department of Economics, National University of Singapore WHAT are the implications of
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    • 122 14 'I believe that even if I had been shot or killed, it will be considered a staged drama j it _Q en Mohamed Said Malaysia s army field commander, on public disbelief that a Muslim cult really looted a military armoury earlier this month. 'If we have
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    • 663 14 EDITORIAL THE practice of holding annual summit meetings among leaders of the world's seven richest nations is now 25 years old and is in need of a radical overhaul. While the value of having meetings at the highest political level is not in doubt, equally it
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    • 1247 14  -  Long-distance telephony and free access to Internet to be open to all service providers soon By\ Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article toBT INDIA'S Prime Minister Atal Behari Vajpayee has finally shown that his
      FILE PHOTO  -  1,247 words
    • 763 14  -  COMMENT ART By Maureen Dowd The writer is a New York Times columnist IN BUSHWORLD, it's always Day 41 of Desert Storm, that glorious day the president's approval ratings soared towards 91. The head-scratching choice of Dick Cheney is explained by the fact he was
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  • REGIONAL news
    • 226 15 KUALA LUMPUR Bloomberg PERUSAHAAN Otomobil Nasional Bhd shares fell initially after the biggest carmaker in Malaysia said its loss widened in the first quarter. Proton, which makes six out of every 10 cars sold in the country, said its loss for the
      Bloomberg  -  226 words
    • 221 15 BANGKOK Reuters THAILAND'S largest industrial conglomerate Siam Cement said yesterday it posted a foreign exchange loss of 1.51 billion baht (5563.8 million) in the second quarter of 2000 against a 3.29 billion baht gain in the same period of 1999. Siam
      Reuters  -  221 words
    • MARKET moves
      • 71 15 Reuters SPILLOVER selling in index heavyweights drove Malaysia's key share index to close lower yesterday. National phone company Telekom Malaysia and casino operator and leisure group Genting bore the brunt of the selling. Telekom, which failed to sign up Japan's NTT as its strategic partner, lost
        Reuters  -  71 words
      • 69 15 AFX-Asia MALAYSIAN Pacific Industries said yesterday it bought back 39,000 of its own shares at prices ranging from RM31.25 to RM32 per share for a total cost of RM1.228 million (*****,650). The company said in a statement that the cumulative net amount of shares held
        AFX-Asia  -  69 words
    • 597 15  -  Swissair seen to be the likeliest of all in list of potential partners f-Yom 1 Eddie Toh in Kuala Lumpur MALAYSIAN Airline System has received the government's blessings to raise its foreign shareholding limit to 45 per cent from 30 per cent,
      FILE PHOTO  -  597 words
    • 337 15 KUALA LUMPUR ABB Asea Brown Boveri said to have paid USsloom for project Reuters MALAYSIA'S Anti-Corruption Agency (ACA) has started investigations into alleged payments of around US$lOO million (Ssl74 million) by the company then known as ABB Asea Brown Boveri in 1992-96
      Reuters  -  337 words
    • 454 15 JAKARTA Reuters EMBATTLED Indonesian President Abdurrahman Wahid and key powerbrokers could meet next week in a bid to soothe political tensions ahead of a critical meeting of the top legislature. Yogyakarta Sultan Hamengku Buwono X is trying to broker a meeting between Mr
      Reuters; AP  -  454 words
    • 411 15  -  Money expected from cash portion of Time Engg repayment hYitm Diana Oon Abdullah in KuuUi Lumpur SAPURA Telecommunications Bhd could see a writeback of up to RM246.7 million <*****.2 million) from debt provisions after it receives the cash portion of its repayment from
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    • 291 16 JAKARTA AFP THE United States could seize Indonesian assets if Jakarta fails to settle a US$29O million (Ssso6 million) claim by the US government's Overseas Private Investment Corp (Opic), reports yesterday quoted Ambassador Robert Gelbard as saying. The Jakarta Post quoted Mr Gelbard as
      AFP  -  291 words
    • 510 16  -  Figures come a day before HKMC decides on raising mortgage limit to 90% From* Quak Hiang Whai in Hongkong A DAY before the Hong Kong Mortgage Corporation (HKMC) decides if it should lift the effective mortgage Financing limit to 90 per
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    • 470 16  -  Trade commissioner to convey this to Singapore, Indonesia From Shada Islam in Brussels SOUTH-EAST Asian nations seeking a stronger global presence must speak with one voice on international trade issues this is what the European Union's top trade official will
      AFP  -  470 words
    • 306 16  -  From Harish Mehta in Bangkok JAPAN yesterday deepened its commitment to Asean by offering the region funds from a US$l5 billion (5526.2 billion) aid programme it recently announced to boost information technology and raise skills over a five-year period. Asean
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    • 528 17  -  Interim profit of HKs94omdne mainly to plunge in st'fYorn Quak Hiang Whai Hongkong v'KICKING off the corporate reporting season, Bank of East y*Asia{BEA) yesterday said net vj)rof}t surged 39 per cent to |3jK5939.9 million (*****.3 million) for the six
      528 words
    • 216 17 JAKARTA AFP SIX major foreign companies are vying to partner Indonesia's state-owned international telephone operator PT Indosat in launching its mobile phone business, a report said yesterday. The six Alcatel, Ericsson, Lucent Motorola, Nokia and Siemens have been shortlisted to
      AFP  -  216 words
    • 300 17 NEW DELHI Reuters INDIA is likely to allow foreign companies to more than double their stakes in small and medium-sized companies in the country's booming high-technology sector, a senior government official said on Tuesday. The government may raise the ceiling on
      Reuters  -  300 words
    • 795 17  -  ■IsiTw?nroiTniongkong The brouhaha over a recent poll Is In danger of clouding the big picture quak hiang whai I'M just going to blame it on the racing holidays. How else can Hongkongers devote so much time and energy to such a non-issue? Watching the incredible
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    • 504 16 ■■■■■■■■■■I V.' The Business lime. ?xrn> iun Gianfranco briefcase WL gfedlPi^oiS^^^^ ~y J^^^^Gianl^iDco \I^ V Gianfranco Ferrc "< xwwr'W ttWiVu ct.r r-fk <"—• Gianfranco Ferre desktop clock I 1/ —\B J 1 photo frame I IU l 4 i News you can use. Cash you can use. -*4 The Business
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    • 327 17 iiJVL pentium*/// 11 Jm* nft Smile! It com** with a built-in camera. A mini digital camera clips on the top of your Jr" ThinkPad with the UttraPort, transforming it into jP' a fuM-fledged video conferencing facility. ll II f ft J i Say 'Swap* and evet ylliiy'i fully swappable. We've
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  • Page 18 Advertisements
    • 62 18 Euromoney ANNOUNCES THREE MAJOR WINNERS. DBS DBS DBS Euromoney does not hand out accolades easily. But we've named DBS 'Best Euromoney Domestic BANK IN SINGAPORE". .BEST Domestic Bond house in Singapore- and best hlln||mm f| U ry FOR Domestic Securities house in Singapore'. To win one award is a great
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  • e-NEWS
    • 142 19 AFP [MUNICH] Tennis star Boris Becker, who appears in television advertisements for the Internet services provider AOL here, has won a suit against rival firm T-Online which used his name without his consent in its own ads, a Munich court said on Tuesday.
      AFP  -  142 words
    • 225 19 LONDON FXall now has more than a quarter of global forex market Reuters SIX more banks on Tuesday joined FXall, the online mul-ti-dealer foreign exchange trading service, taking the market share of its members to more than a quarter of the US$l.5 trillion
      Reuters  -  225 words
    • 654 19 NYT JOSEPH Galli, it seems, isn't one to mull ma jor career moves for a long time. Just over a year ago, Mr Galli, a 19-year veteran of Black Decker, accepted the job as chief executive of Pepsico's Frito-Lay division, then hours lat
      NYT  -  654 words
    • 667 20 TOKYO Deal will offer e-mail and AOL content to cellphone users worldwide: report Reuters NTT DoCoMo yesterday kept a veil over its expansion plans as media reports said it will tie up with America Online to give the two
      Reuters; AFP  -  667 words
    • 475 20 BEIJING Fear of measures harming fledgling e-commerce industry Reuters US and Chinese technology firms are lobbying Beijing in an attempt to soften potential Internet rules they fear might harm the fledgling e-commerce industry. Thirty-six companies, including America Online, Hewlett-Packard, General Motors
      Reuters  -  475 words
    • 353 20 LONDON FT QUALCOMM, the US semiconductor group that controls much of the intellectual property behind the next generation of mobile phones, is to split its operations in two in an attempt to defuse potential conflicts between different parts of the business. The
      FT  -  353 words
    • 438 20 BRUSSELS It will face pressure to act if US enacts law blocking the deal Reuters THE European Union has warned it will face strong pressure to react if the United States enacts a law blocking Deutsche Telekom's takeover of US cellphone firm Voice tream
      Reuters  -  438 words
    • eBriefs
      • 61 20 Reuters INK w UciLriij uniine marKeipiace iirm w)mmerce vne Inc has signed a strategic partnership agreement with New Delhi-based CI India Pte Ltd, the Indian partner said in a statement yesterday. "CI India Pte Ltd will operate the only business-to-business market-site portal to
        Reuters  -  61 words
      • 73 20 Reuters [LONDON] News and information company Reuters Group pic said on Tuesday that first-half revenues rose 9 per cent and underlying operating profit 3 per cent, driven by another strong showing from its Instinet electronic broking arm. Revenues for the six months to June 30
        Reuters  -  73 words
      • 77 20 Oana-Kyodo [TOKYO] Hitachi Ltd and Intranets.Com Inc of the US announced yesterday that they had agreed to a comprehensive tie-up to provide Intranet-related services in Japan. Hitachi will acquire about a third of the stake of a Japanese subsidiary that the Boston-based company set up in
        Oana-Kyodo  -  77 words
      • 79 20 Reuters [AMSTERDAM] Pan-European Internet service provider World Online yesterday revealed widening losses for the second quarter and slowing subscriber growth, adding fuel to speculation that it could find itself a takeover target. Although its chairman said a strategic shift would help it reach positive EBITDA more
        Reuters  -  79 words
  • Page 19 Advertisements
    • 75 19 should own a tuxedo. But you only need to lease a BMW. Mi'M 111 l M m?* v u t T nwunnwii I oMno Mtwn« I r r I 315 Ate, andra Road «<Mm Mon-F,,9am iun HoMay, Wan. spm Sr. Dart* W. 896 Du««rn Ftad W ******0 Moo-K, Mm-Op*, S«
      75 words

  • Page 20 Advertisements
    • 532 20 Jlf if FORTIS BANK N.V./S.A. FORTIS INCORPORATED IN BELGIUM WITH LIMITED LIABILITY) I Consolidated Balance Sheet Consolidated Profit and Loss Account As at 31 December 1999 For the year 1999 In EUR million In EUR million 1999 1998 1999 1998 Assets Revenues Cash 3,206.9 2,860.1 Interest income» 18,588.9 17,696.7 Trading
      532 words
    • 218 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND ORIENT AVIATION CONSULTING PTE LTD (In Member's Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant »o Section 308 of the Companies Act, Cop. 50 that the Final Meeting of the Member of the obovenamed Compony will be
      218 words

  • Page 21 Advertisements
    • 577 21 Established in 1989, Strotech Systems is a fast-growing and emerging world-class IT systems and advanced technology developer, evolving Into a leading e-business and Internet infrastructure enable, capable Stratechs competence m med.cal robot,cs ,sa newcapab.bty be,ng of providing innovative technology-intensive IT solutions for the Super Bulls Ey e'« Weapons Sconng System
      577 words

  • WORLD news
    • 682 22 FRANKFURT Another embarrassing failure in bid to consolidate German banking industry Bloomberg, Reuters, FT COMMERZBANK AG and Dresdner Bank AG ended their merger talks yesterday in a fresh embarrassing failure by German bankers to consolidate their industry following April's breakdown of Dresdner's talks
      Bloomberg,; Reuters,; FT; AP  -  682 words
    • 421 22 SEOUL AFP SOUTH Korean banks yesterday took emergency steps to help the Hyundai group ease its liquidity crunch as a family feud within the country's largest conglomerate intensified. At an urgent session, the chiefs of 10 commercial banks and two other state-run
      AFP  -  421 words
    • 286 22 TOKYO AFP, Reuters Japan's Sony Corp may shift more production to Asia to evade a currency trap that contributed to a slump in earnings in the three months to June, president Kunitake Ando said yesterday. Sony blamed accounting changes affecting its
      AFP,; Reuters  -  286 words
    • 708 22  -  CONCORDE CRASH USs3som insurance losses covered by Rennion Aerienne, Lloyd's BAIG From] Neil Behrmann m Ixmdon A DAY after the Concorde disaster, British Airways and Air France seemed to have pulled out of their downward spiral, with their shares rallying
      AP  -  708 words
    • 343 22 FARNBOROUGH AFP THE Concorde crash sent a chill through the aviation showcase here and overshadowed a stream of business deals yesterday, as the industry grappled with the loss of its civil flagship. "The terrible accident has overshadowed the whole airshow," said Philippe Camus,
      AFP  -  343 words
    • 515 25 Higher interest rates have started to slow economy, reduce inflation risk, says Greenspan NYT ALAN Greenspan, the Federal Reserve chairman, said on Tuesday that the central bank's decision about whether to raise interest rates again at its meeting in August would hinge in
      NYT  -  515 words
    • 233 25 AP [WASHINGTON] Alan Greenspan's secret is out he hoards pennies. "I admit to the fact that I have a lot more pennies than I probably should have," the Federal Reserve chairman said on Tuesday. "That's because when you get change they end up there and
      AP; REUTERS  -  233 words
    • 325 25 Reuters, Bloomberg [NEW YORK] Sports superstars all over the world can now breathe easier, knowing that their millions will soon be managed by Wall Street giant Merrill Lynch and Co Inc. Merrill on Tuesday said it is entering into a joint venture with sports agency IMG's
      Reuters,; Bloomberg; Photos: REUTERS  -  325 words
    • 714 25 It proposes rule for market makers to compile and disclose statistics on execution NYT [WASHINGTON] MANY investors know to the penny how much they pay in commissions when they trade a stock, but have no idea how good an execution they get for their money.
      NYT  -  714 words
    • 474 25 NEW YORK Changes signal growing importance of developing countries to group Reuters US financial services firm Citigroup Inc reshuffled its top management ranks on Tuesday, naming Michael Carpenter to run its investment and corporate banking operations and Victor Menezes to oversee its growing emerging markets
      Reuters  -  474 words
    • 176 25 UCLEVELAND Reuters WITH mergers and acquisitions being announced left and right these days, the Securities and Exchange Commission (SEC) has been filing a large number of insider trading cases, Wall Street's top securities regulator said on Tuesday. "There is probably more insider trading going on
      Reuters  -  176 words
  • Page 22 Advertisements
    • 215 22 Next-Gen Carrier Solutions /SOFTEL LTD (incorporated with limited liability in the Republic of Singapore) INVITATION IN RESPECT OF GLOBAL OFFERING OF 56,000,000 ORDINARY SHARES (the "OFFER SHARES") OF 550.05 EACH COMPRISING 6,000,000 VENDOR SHARES AND 50,000,000 NEW ORDINARY SHARES AS FOLLOWS:(1) AN INTERNATIONAL OFFERING OF 44,800,000 ORDINARY SHARES; AND (2)
      215 words
    • 6 22 More stories in Shipping Times, Pgs2,l4
      6 words

  • Page 23 Advertisements
    • 175 23 The Bora. Now with an interior exclusively styled by Braun Buffet. $E& £fT jSe S-" 9 4? *C*;«♦ > %m < StvJ; s 4--, .jgf w r-- <" 7 *y f W i M: IHp fSHnmil BM£sl v '4* ♦Vl^ 7 m& >' v; v* .:*!>s? v $&f.> JBSF f
      175 words

  • Page 24 Advertisements
    • 124 24 ACHIEVER OF THE YEAR 2000 H H H v fl H fl fl I I b I '»^9IKi^^!HPBHIB^• J^EKHiviHißM'fll^Biiifl B I I I I I B I I K I I B B B fl I BB 188 II fl fl fl fl fl fl B B y H^l fl
      124 words

  • Page 25 Advertisements
    • 359 25 Next-Gen Carrier Solutions iSOFTEL LTD (incorporated with limited liability in the Republic of Singapore) PROSPECTUS DATED 20 JULY 2000 ("PROSPECTUS") RELATING TO THE INVITATION IN RESPECT OF THE GLOBAL OFFERING OF 56,000,000 ORDINARY SHARES OF 550.05 EACH COMPRISING 6,000,000 VENDOR SHARES AND 50,000,000 NEW ORDINARY SHARES AS FOLLOWS:- AN INTERNATIONAL
      359 words

  • FINANCE & commodities
    • 303 26  -  SGZ Derivatives 'fradlngReports ST TndAv/MSCI S'impa Index Chan Yet San Refco Singapore THE Singapore stock market fell yesterday, brought down by declines in computer component manufacturers. The Straits Times Index lost 0.91 per cent to 2,079.17 points. Within the index, 19 counters rose,
      303 words
    • 239 26  -  MSCI Taiwan Index Chan Yet San Refco Singapore TAIWAN stocks came back from four days of losses as state funds intervened to support the market. The MSCI Taiwan Index gained 1.5 per cent to 354.03 points. Volume within the index was 739.44
      239 words
    • 188 26 ENERGY REPORT AFP [LONDON] Oil prices hung near 11-week lows in early trade yesterday, depressed by new data showing significant increases in fuel stockpiles in the United States. London's Brent Blend crude futures for September delivery stood eight US cents off at U5526.86 per barrel
      AFP  -  188 words
    • 334 26 Reuters London THE euro yesterday trimmed gains it had made earlier in the day against the broadly soft yen and against the US dollar as the market shifted its focus towards key US data due later in the week. Analysts said comments from Bank of France governor Jean-Claude
      Reuters  -  334 words
    • Article, Illustration
      1292 26 INTERBANK CROSS RATES Jut 26 AS C$ Breb Euro Ffr Pro HK$ Ind Bs Bupnh Yen Won BM NZS P»k Bs P>so S$ Rand Sfr NT$ Baht Pound US$ Australia 0.867 4.908 0.627 4.113 1.226 4.610 26.535 53.686 0.646 6.595 2.247 1.281 31.552 26.648 1.031 4.112 0.973 18.370 24.404 0.389
      1,292 words
    • 1975 26 SICOM FUTURES .M26 RUBBER (futures dosing is at 5.30pm) RSS1 CONTRACTS c«nts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 00 112.00 Sep 00 114.75 400 Oct 00 116.00 Nov 00 116.75 RSS 3 CONTRACT (US cents/kg) Volume Open Month High Low Sett (tonnes) Interest Aug 00 63.75
      1,975 words

  • STOCKS east asia
    • 2878 27 HONGKONG Reuters Q Hang Seng +244^9 BANKING stocks helped lift the Hang Seng Index yesterday on expectations the financial behemoths would soon report robust earnings. Telecom stocks were also firm as the market staged a technical rebound, helped by a recovery
      Reuters  -  2,878 words
    • Article, Illustration
      1064 27 Reuters fl Shenzhen B Index +Q) CHINA'S B shares closed sharply up yesterday as investors hunted for bargains, on hopes that a regulator's remarks meant the hard currency market and domestic A shares may eventually merge. Shanghai's B Share Index gained 2.48 per cent to 60.87 points as turnover
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  1,064 words
    • 336 27 AFP OWPlnfex +6L15 TAIWAN share prices closed 0.8 per cent higher yesterday on government buying amid cautious sentiment, dealers said. The TSE Weighted Price Index rose 61.15 points to 7,961.54, on turnover of NT575.33 billion. "Buying from government funds has kept the market from falling further by targeting large-cap
      AFP  -  336 words
    • 1953 27 TOKYO Reuters Q Nikkei 225 -70.98 TOKYO stocks yesterday closed mixed as stronger US shares failed to dispel the weak sentiment hanging over Japanese markets ever since the high-profile bankruptcy of retailer Sogo Co earlier this month. However, high-tech companies with strong financial standing
      Reuters  -  1,953 words
  • Page 27 Advertisements
    • 105 27 NOTICE IS HEREBY GIVEN that, I Chia Hua Peng of Blk 511 Pasir Ris St 52 #03-131 Singapore *****1, have applied for a Retail Beer Shop in respect of M/s Chia Hua Peng located at Blk 249 Yishun Ave 9 #01-K1 Singapore *****9, and that this application will be considered
      105 words
    • 104 27 NOTICE IS HEREBY GIVEN that I, TAN CHIN CHEONG of 8 Hougang Street 92 #12-06 Singapore *****6, have applied for a 06 (Beer House, Second Class) Licence in respect of M/s Fane Ville Pte Ltd located at 35/36 Seah Street Singapore *****1, and that this application will be considered by
      104 words
    • 110 27 NOTICE IS HEREBY GIVEN that I, NAZARETH MARIO AUBREY FLAVIAN of Blk 5, St. George Lane, *02-181 Singapore *****5, have applied for a First Class Public House Licence in respect of M/s Konkani Foods Pte Ltd located at Victoria Street 390, *05-01 Golden Landmark Hotel, Singapore *****1, and that this
      110 words
    • 106 27 NOTICE IS HEREBY GIVEN that I, PERERA iMARTTNA JULIANA of 1003 Lower Delta Road, *154)3 Singapore *****8, have applied for a Retail and Wholesale Liquor Shop Licence in respect of M/s Italian Food and Wine Pte Ltd located at 48 Craig Road, Singapore *****6, and that this application will be
      106 words

  • STOCKS klse
    • 435 28 AFP P Composite Index -482 MALAYSIAN shares ended 0.6 per cent lower yesterday as investors sold selected blue chip stocks, dealers said. The Composite Index fell 4.92 points to 814.%. The Second Board Index was down 0.53 point at 219.07. "Some foreign funds
      AFP  -  435 words
    • 8797 28 INDUSTRIALS Consumer products 2000 Last Vol Day N*t Cap MH> L— Cininy ««H •OOP NH* L—t PH t«Mi 420 3tO Ailnomoto J58 196 |*|J 158 62 Anakts* 74 2 4 74 71 »09.i 670 290 AB«toFo«id"Hl, 466 unch 7 472 466 101 <86 4 1350 2700 SAT 50C 1225 50
      8,797 words
  • Page 28 Advertisements

  • SGX clob & regional stocks
    • 3207 29 BONDS WARRANTS Jul 26 rn *rats rtml lM«n U-M Last M taT UilOaiU wM Cat lie Mk Wks Lot J Mi <«• 000) M» Lot b|V Mkt Mi IotOTs) (ato Mm 1%) M|l LaR 51.5 16.5 S Acmi W*****4 17.5 -0.5 116 19 17.5 17 18 18 41.0 I 300
      3,207 words
    • Article, Illustration
      787 29 AFP CI SET M«x -U» THE Thai stock market renewed its downward trend yesterday, dropping 1.4 per cent as investors were concerned about political uncertainties and the fluctuation of the baht, analysts said. The Stock Exchange of Thailand (SET) Index shed 4.16 points to 291.43, and the benchmark SET
      AFP  -  787 words
    • 292 29 AFP Q Composite Index -327 PHILIPPINE shares finished 0.2 per cent lower yesterday as the peso fell past the psychological level of 45 to the US dollar. The Composite Index lost 3.27 points to 1,478.33. Volume was 509.50 million shares worth 479.27 million pesos. MU (000) Abacus Construction 0.83
      AFP  -  292 words
    • Article, Illustration
      758 29 AFP Q Composite Index -199 INDONESIAN share prices closed 0.6 per cent lower yesterday amid ongoing political concerns, with the current shortage of fuel in some parts of the country adding to uncertainties, dealers said. The Jakarta Stock Exchange Composite Index closed down 2.99 points at 496.69. Said a
      AFP  -  758 words
    • 278 29 AFP QNZSE-40 -2.49 NEW Zealand shares finished slightly lower yesterday in quiet trade, dealers said. The NZSE-40 Capital Index fell 2.49 points or 0.1 per cent to 2,098.32. Turnover was about NZ$B9 million. Market heavyweight Telecom closed down nine NZ cents at NZ$7.2l. AFP MM MS (OOP) Advantaga HOS
      AFP  -  278 words
    • 555 29 AFP AD Ordinaries nnch AUSTRALIAN share prices were unchanged yesterday with a vibrant resources sector matched by a fall in Australia's largest company News Corp. The All Ordinaries Index was steady at 3,246.80 points while the SP/ASX 200 was up 0.8 of a point at 3,282.90. National turnover totalled
      AFP  -  555 words
    • 306 29 AFP flf Composite Index -»<*2o SOUTH Korea's Composite Index yesterday rose 6.20 points to 743.84. Volume was 331 million shares worth 2.2 trillion won. AFP MH *1Anam Sornt ***** 1450 Brain Toch 835 -5 C»otr *1 Bank 655 40 ChoMConwn *****0 1000 DMGUB«* 2200 -20 DMS«ng Corp 1755 5
      AFP  -  306 words
  • Page 29 Advertisements
    • 109 29 NOTICE IS HEREBY GIVEN that I, CLEMENT FANG GUO CAI of Blk 2698, Queen Street *18-276 Singapore *****9, have applied for a Public House First Class licence in respect of M/s NTUC Club Union Square located at The Amara 165, Tanjong Pagar Road *02-05, Singapore *****9, and that this application
      109 words
    • 107 29 NOTICE IS HEREBY GIVEN that, I Chow Park Ein of Blk 262, #05- 111, Yishun St. 22 Singapore *****2 have applied for a First Class Public House Extended Liquor Licence in respect of M/s Fuse 00 International located at No. 9 Circular Road Singapore *****5, and that this application will
      107 words
    • 105 29 NOTICE IS HEREBY GIVEN that I, WONG WEI TECK of 31 Jalan Kelempong Singapore *****9, have applied for a Beer House, Second Class in respect of M/s Soup Restaurant (SC) Pte Ltd located at 3 Temasek Boulevard 81-059 Suntec City Mall Singapore *****3, and that this application will be considered
      105 words
    • 110 29 Notice is hereby given that, I, Hoo Wai Chong of Blk 19 Chai Chee Road #04-326, Singapore *****9, have applied for a Public House, First Class (Extended) Licence in respect of M/s Coffee Club located at Ml 010 Arrival Meeting Hall, PTB2 Singapore Changi Airport, Singapore *****3, and that this
      110 words

  • 9840 30 SGX MAXNBOARD Transaction date: Jul 26 Cr Gr M Wt 52 Wk Last Vol Day Last Oust* Dlv Wv VM N«t Cap Avq Hlqh Law Cwnpwy Wi COOO) High Low Buyor Salter It Cw P!% $nll Pfki MULTI-INDUSTRY 163 K>1 m c A cm* 50c 117 unch 32
    9,840 words
  • Page 30 Advertisements
    • 65 30 watches are a hundred years bek ind the times. A certain me goin<g. to to MiLi Fins means up to of technical perfection and precision, the same aesthetic clarity, if Chronoswiss wJS^M^9/m that was over a hundred years ago. 1 his step backward really Faszination der Mechanik w forward. An
      65 words

  • Page 31 Advertisements
    • 450 31 Where to wine, dine and entertain...^to)KSr jgggStiSs rf\(yatea tgjHßagr ft 1 Enjoy local and Western favourites in a daily high-tea buffet at The Mezzanine Cafe Bar 12pm to spm daily Weekdays: $21.80+++ I >.. tunc il ?fr Weekends: $22.80+++ /V l ne M °r^.'°. F fa r i Reservations: 831-6286
      450 words
  • Page 31 Miscellaneous
    • 958 31 TVFMfri* BTn[W|nTT>Ts^——Central 630 The Price Is Right. 5.00 Mastura. 1.30 This Week In India, (r) 7.00 SOF: Special Ops 5.30 Tirai: Wanita Dan Pe- 2.00 to 6.00 am Real-time Fi900 AM Kids Central: Force muda Desa. nancial Data. s ues m Guinness World Re- 6.00 Zuriat. 9.30 Once Upon a
      958 words
    • 303 31 CRYPTIC CROSSWORD ACROSS 7 Questions rate reassessment 1 Pompous okj Venetian noble (9) '°r confiscation of property 8 Mention artist receiving instruc- 1 3) tions from bank (5,2,6) 9 Wriggling country gentleman 11 That in French is the way to detailed to get a vase (9) search (5) 10 Stopping
      303 words

  • MOTORING page
    • 677 32  -  track But MTA president disagrees, saying shorter period between bids will weed out speculators By Christopher Tan INE out of 10 motor traders expect the open bidding system for COEs I due to kick off in two I months to exert
      677 words
    • 299 32  -  All reDorts bv Christopher Tan RENAULT distributor Exklusiv Auto and sister company Car Cars which sells Volkswagens are banking on branded names in the leather industry to heighten the appeal of their products. Exklusiv has roped in Renoma, a mid-range French designer
      299 words
    • 680 32 The next one, however, will come at least a year later IT'S a match made in heaven, sort of. One is an automotive group with a US$2.5 million (554.36 million) stake in a leading electric vehicle (EV) company. The other is an electricity provider
      PHOTOS BY ARTHUR LEE  -  680 words
    • 215 32 IT has no doors, it seats only two and it's topless. And no, it's not a convertible it just doesn't have a roof. Yet, three people here have booked the $278,000 (without COE) Lotus 340 R, a radically-styled machine best described as
      215 words
    • BUMPER to BUMPER
      • 113 32 THE Trans Eurokars group, which sells Saab, Porsche and Rover cars here, will be the main supplier of diplomatic and security vehicles for the Apec summit scheduled for November in Brunei. The group has several motor franchises in the sultanate, including BMW. Opel and
        113 words
      • 74 32 GERMAN carmaker Volkswagen's re-focus on Asia continues to pay dividends. In the first half, sales in Taiwan, Hongkong, Singapore and New Zealand posted growth of between 80 and 200 per cent. In Taiwan, 2,419 passenger VWs were sold in the period, 1,500 more
        74 words
      • 125 32 CALL it a variation of the American drive-in deli. Pontiac Marina is re-launching Millenia Walk as a "park dine" place. Located along an L-shaped private street developed at a cost of $6 million, Millenia Walk is now completely lined with food and beverage outlets
        125 words
      • 117 32 FORD Motor, the world's second-largest vehicle maker, posted its 17th consecutive quarter of iniproved operating earnings in the April-June period with a record US$2.7 billion (554.7 billion), up 10 per cent. But its bottom line was less rosy. Ford posted after tax one-time charges in
        117 words
      • 70 32 TOYOTA Motor Corp, Japan's largest automotive group, aims to sell 5.14 million vehicles this year to regain its long-standing No 3 world position. Toyota was pipped by Volkswagen last year, when the German group sold 4.87 million vehicles, compared with 4.72 million from
        70 words
      • 42 32 AUTOMOTIVE components maker Delphi posted second-quarter earnings of US$424 million on turnover of US$7.B billion. This was 8 per cent better than second-quarter 1999 figures. Net income margin grew to 5.5 per cent from 5.1 per cent.
        42 words
      • 69 32 TOYOTA'S Lexus range has again topped an annual survey of customer satisfaction, while General Motor's Saturn rebounded to second from seventh. According toa Bloomberg report, Lexus led the J D Power Associates survey of new-car buyers for the ninth time in the past decade. Lexus saw
        69 words
      • 71 32 TAXI operator Comfort is trying out cashless payment with 40 cabs this month before implementing the system next year. Equipped with a special terminal, these cabs will be able to accept fare payment from all major credit cards, cashcards and Comfort's corporate card. The transactions
        71 words
      • 82 32  -  Christopher Tan CYCLE CARRIAGE said the worldwide recall 0f500,000 Mitsubishis had limited impact on the Singapore market. It said it had already rectified most of the faults cited in the recall. But for older cars, such as 1995-96 models of the Galant, it was
        82 words
    • 275 32 The 4.5-litre Birkin Edition Arnage is going for $880,000 IN an apparent move to widen its customer base, Volk-swagen-owned Bentley Motor Cars is introducing an "economy" version of the ultimate gentleman's tourer the 4.5litre Birkin Edition Arnage (right). At $880,000 apiece, it is substantially
      275 words
  • Page 32 Advertisements

  • Article, Illustration
    3521 33 Executive Suite HDB transactions between June 24 and July 23 2000. TYPE/LOCATION POSTAL CONTRACT 8ULT-M WICE PSF CODE DATE (SO FT) (St*000> (SS) 3-Room Ang Mo Kio Ave 3 *****6 03-Jul-00 958 230 240 Ang Mo Kio Ave 5 *****1 29-Jun-OO 883 190 215 Bedok North Rd *****6 22-Jul-OO
    3,521 words
  • Page 33 Advertisements
    • 57 33 i I J v Cash for your shares! •I Call us at Come to us for fast, easy HOTLINE: 880 0688 and hassle-free share loans at low interest rates. QIIIftAPIIRA East Coast: 348 8262 Beach Rd: 292 1459 OIHUftIUIIM Bedok: 445 8011 Bukit Timah: 467 1916 Up to 70% financing.
      57 words

  • BY DESIGN
    • Article, Illustration
      972 34  -  Armed with a make-over. The Life Shop eyes a higher hip quotient by incorporating the latest fashion trends in the design of its products and merchandise. HBgHHH CORIMMEKERK finds out what's in store CORINNE KERK A WOMAN'S face from the past may seem a little unusual, even eerie,
      PHOTOS BY SIEW YAW HOONG  -  972 words
  • Page 34 Advertisements
    • 35 34 j Weekend y| thursday-sunday iuly 27-30 2000 HjhftTiTmVftiffTßßfiPTihWTfWWjjißTTwWr^Blfflßi^^^^^^^^^B what's hot ttus weekend? life on the midnight express > review of stories about love > tay ping hui on his fave movies > boutique bites > fiery filipino band women
      35 words

  • COMMENTARY
    • 1794 35  -  Ahead of the release of URA's Q2 statistics, abet khor expects buyers to call the shots as developers compete based on attractive pricing, project quality, exclusivity and lifestyle themes AMY KHOR Dr Amy Khor is research director at Knight Frank THE official report card on the property
      LUDWIG ILIO/ST; Source: SISV Research  -  1,794 words
    • 402 35 DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO. OF PRICE TENURE rrmmmwmmwmrm (sq ft) LAUNCHED UNITS SOLD psf) Craig Place Craig Devt 2 Craig Rd 560-2,174 58 40 940 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 379 950 99-yr Grange 70 Lucky Realty 9 Grange
      402 words
  • Page 35 Advertisements
    • 183 35 Looking for business opportunities? n Be at glb a I FRANC HISING2OOO The 2nd International Exhibition and Conference for v Franchising, Licensing and Business Opportunities 20 22 September 2000 Singapore International Convention Exhibition Centre (SICEC) Get sound advice from experts on franchising, licensing business opportunities Catch 200 participants from over
      183 words

  • EXECUTIVESuite
    • 1074 36  -  Developers have enjoyed a 27% rise in Q2 sales but price-sensitive buyers and ample supply mean that a turnaround for the market is not yet on the cards. ANDREA TAN finds out more from property consultants ANDREA TAN WITH developers enjoying a 27 per cent boost in
      1,074 words
  • Page 36 Advertisements
    • 55 36 OFFICE SPACE FOR SALE 73 BUKIT TIM AH ROAD TONG NAM BUILDING Close Proximity to Future MRT stations at Zhujiao Centre and Farrer Park 4 contiguous floors available for sale as a whole or individually Floor areas ranging from 777 sqm to 821 sqm Freehold tenure Selling with tenancies and
      55 words
    • 23 36 sbSe^ 6 1 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service C.A.T.& Another Classified Service
      23 words
    • 49 36 *CMMM MHll I [wwwjdcrajconyl PRIME FACTORY FOR SALE Location Lok Yang vicinity Description Purpose-built JTC factory Land Area Approx. 223,912 sq ft Built-in Area Approx. 109,198 sq ft Tenure JTC Leasehold 30+30 yrs w.e.f. 16 April 1973 For enquiries, please contact Sole Marketing Agent Industrial Department Tel: 224 8181
      49 words
    • 125 36 /m Jones Lang W LaSalle. ENG YICK BUILDING A brand new freehold 8-storey office building with basement car-park |k I About 400 m from Paya Lebar 1* IH| U I IBp MRT station IbHI I |BM|| Site Area: Approx. 18,020 sf ■■9* I jßH'i Total Strata Area: approx. 31,926 sf
      125 words

  • SHIPPING TIMES
    • 288 37 Reuters THE Baltic Dry Index (BDI) was unchanged at 1,629, the Baltic Panamax Index fell three points to 1,615, the Baltic Handy Index was unchanged at 1,126 and the Baltic Capes ize Index rose four points to 2,157. At 1242 GMT, Biffex was five points above Monday's close
      Reuters  -  288 words
    • 296 37 sex *mo MM It HI cm Ddtrttotloo 0.79 unch 26 Chum Hup 0.41 0.01 2779 Cosco M***tm*nt—0.20 unch 90 Fratqht LMt 020 -0.01 654 08 Hoidinqs 0.63 -0.02 10 Hai Sun Hup 0J8 -0.01 279 IMC HoMlnqs-HK 5.60 unch 0 Jaya HoWinqs 0.17 -0.01 193 K*pp*i Corp 3.84
      296 words
    • 505 37  -  Beijing-backed company will have operating control of terminal Prom P T Bangsberg in Manila A Chinese government-back-ed firm with a Singapore venture is expanding its mainland port operations by taking a 49 per cent stake in berth 3 at the Zhangzhou Economic Development
      505 words
    • 875 37  -  MEWBUILDS By] David Hughes While a few bulk carriers feature in this week's newbuildings list, the emphasis is definitely on the tanker sector. Containership orders are also reported in substantial numbers. The number of VLCCs (very large crude carriers) on order continues to grow.
      875 words
    • 72 37 [NEW YORK] The MS Deutschland, the ship which was to have taken passengers killed in the Concorde crash near Paris, at a pier in New York. The captain of the ship expressed shock and regret at the disaster and said the cruise to South America would
      AFP  -  72 words
    • 149 37 [SINGAPORE] PSA's dot-com unit, Port net.com Pte Ltd, has signed an agreement to buy e-commerce solutions from iPlanet, an al liance between Sun Microsystems and Amer ica Online. iPlanet will help Portnet.com de velop an organisational and architectural model to drive its new suite of Internet
      149 words
    • SUPERSONIC jet
      • 875 38 With just 100 or so seats with high price tags, the plane's exclusivity is airborne proof that the rich are different LA Times FROM within the body of this grand, graceful bird slender and delicate. with a nose like a fine silver needle you gaze down
        LA Times; AP  -  875 words
    • 182 38 PAGE Dpk Lloyd 8 ACl 6 Dongnama 3 ANL 3 Eastrans 6 Accord 8 4 Appensh,p 5 6 Assets 8 Evergreen 6 Austral 8 FOm,Sun 8 C Link 4 Gemartrans 6 Hangli 7 B tang Mas 8 3 CO 7 Heung-A 4 CIIA Hyundai 7 COSCO 5
      182 words
    • 16942 45 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number To BUENOS AIRES (BUE) 2060 Argentina To ABIDJAN (ABJ) 2003 Cote D'lvoire oe/oe 03/09 csav ikaruga 025S b-jwss 09/06 12/09 Dei
      16,942 words
    • SHIPS IN PORT
      • 692 49 Vessel Voy No Berth Arrival Oeperturi GoWMenam 31 J<l e J15 24/07/7:40 27/07/700 Bt R8 3698 MO J01 26/07/10J5 26/07/17:00 •««t* 1 71SOO J03 26/07/945 27/07/6:* kayi water ?ia M0183 J03 26/07/8:25 26/07/1600 81 Makotamas ***** J01 26/07/940 26/07/2300 Marco**) 12 Prw016 JI7 26/07/10:0 27/07/6:30 Bt Nur Dim
        692 words
      • 1962 49 Boofcinq/BOIMKO Rstls Ship Voy No Etb/Btr Period From To From »CMtm» )M 28/3:00 18 29/800 29/1499 29/1900 nmoo 24/0499 24/0400 a amo 24/0499 26/0900 1 24/0700 26/189 26/1400 4_ 26/1200 26/1499 24/1700 ma mm ma nt*M m a/ooo am 23/1900 2* 29/1700 26/0*5* 26/0900 a 29/1700 26/0659 26/0900
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      • 180 49 Aaf 9 Singapore: National Day. An* 12 Thailand: HM The Queen's Birthday. An|lS Germany: Assumption Day. Korea: Liberation Day. Aaf 17 Indonesia: Independence Day. Aaf 27 Philippines: National Heroes Day. Aug 28 United Kingdom: Summer Bank Holiday. An* 31 Malaysia: National Day. Sep 12 Korea: Harvest Festival Day.
        180 words
      • 781 49 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        781 words
      • 507 49 Carton 180 Max 990.8 0.S *8.9 0.08 77 0.04 M 20 DensJtr "<t*r InMw Ask Aluminium Sediment No Above £25 0 0 4 0 0 0 380 Aw 986.4 0.2 13.5 0.06 40 0.02 ban 380 Max 993.9 0.6 18.2 0.09 78 0.04 »W3 %W» M/M
        507 words
    • AIR & LAND transport
      • 583 50 CONCORDE CRASH FAA safety directives issued to engine maker Rolls-Royce two years ago [NEW YORK] The streams of flames trailing Air France Flight 4590 that crashed outside Paris likely point to a serious engine problem, aviation experts said Tuesday "I saw the pictures.
        AP; AFP  -  583 words
      • 284 50 Reuters [GONESSE, France] Air France said there was no possible connection between cracks in Concorde supersonic airliners operated by British Airways and an engine problem associated with Tuesday's fatal crash. A Concorde airliner operated by Air France and chartered by a German
        Reuters  -  284 words
      • 310 50 FT Virgin Atlantic Airways has finally introduced its longawaited fully reclining seat in Upper Class The innovation makes it the second carrier after British Airways to launch a busi-ness-class seat that converts into a bed Originally pencilled in for introduction at the beginning of 2000,
        FT  -  310 words
      • 324 50  -  FARXBOROUGH AIR SHOW Bu. Donald Urquhart [SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale) announced yesterday it had signed a contract with Airbus Industrie for the purchase of 11 aircraft worth an estimated US$5OO million (SsB7o million). The contract was reached at the Famborough International
        324 words
      • 375 50 European companies footing bill; plane itself insured for about US$3O million Reuters [NEW YORK] Insurers face up to US$35O million (Ss6o9 million) in claims from the Air France Concorde crash on Tuesday, with European companies footing most of the bill. Compensation for families of victims of
        Reuters  -  375 words
      • 324 50 AP [LONDON] Air travel is forecast to increase by 4.8 per cent a year during the next 20 years, according to the latest world market outlook published yesterday by Boeing, the world's leading aerospace group. The strongest growth is forecast in Latin America
        AP  -  324 words
      • 1870 50 CITY FLIGHT OA fLICHT ETD S***** 1605 S026 2350 Adelaide BA7381 1930 8A7382 2055 8A7 0F81 1930 0F82 2055 «g AM8229 2230 S***** 2335 LH6380 2230 FutaoAa S0989 1530 S0990 0110 ***** 2230 GMUfZto* S0803 1910 C2352 0910 AmsterdMi $0327 0715 (***** 0040 C2351 2045 $0604
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  • Page 37 Advertisements
    • 109 37 Concorde reinvented Jet set, Pafe 2 Engine failure may be cause of crash, Back page V- "Shipping Trends in the New Millennium". Tinri^ I v x 8$ opportunity to reach our captive 117,000 readers in Singapore and the region ABOARD FOR THE FUTURE D 740 2089 9 Pager 9306 8547
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  • Page 38 Advertisements
    • 207 38 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com 'Schedules Shipment SLrrirrHcU fill J Nl mi "i wnm—ii ■miiwim mm
      207 words
    • 734 38 Lj 0 5 services represented by Members of the Registry of of Accredited Sh.pp.ng Agents, Singapore logistics Singapore Shipping Association Association ULY UNK MALI vissn. Fvoy nA P. KLAMG SPORE NUii Princess Lily VO5OO 06/08 10/08 17/08 Empress Lily VO7OO 24/08 26/08 03/09 Princess Lily V.0600 11/09 13/09 21/09 ULY
      734 words

  • Page 39 Advertisements
    • 1039 39 wzrxjMm SAX SERVICE (DIRECT) vtssa vot swra uxowooihouw cot mi* ah nyc api turquoise 03sc 26/07 io/oe is/o« is/oe i5/oe is/oe is/08 is/w i*/Q8 u/o» API SARDONYX 023 07/06 17/08 22/06 22/08 72/08 22/08 22/08 22/08 24/08 14/08 API TOURMALM 036f 09/08 24/08 29/08 29/08 29/08 29/08 29/08 29/08 30/08
      1,039 words
    • 2097 39 Castas* Wno Hrtfcr Htwylai -Sdts *****75 HANJIN SHIPPING jjgkl-1 U iMsMr<Lni Mr. *****30 NMUM SHIPPING (5) PTI lIP hip tmm am 400«Mt *****34 737 SOUS *****74 731 DOCUMENT *****71 774 OftIATKHS *****50 7SI tUI* imt *****55 fU 5341 US (1110 II S34MOOOOM TO NW USA CANADA USA CANADA* fMVa/VOY IAM
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  • Page 40 Advertisements
    • 1612 40 C SENATOR LINES TO UK/CONTINENT TO MKUfimcRANEANCANADA vt«a vot HOT' l£h m w hw w> fu vtaa wi sm tir m w im PUSAN SENATOR MI4W 11(7 MM MM 17 M MM MM It M PATHOS SENATOR OMSW 1117 Ml 7 lIM MM MM 12M iiwiiinrwni mmw ?iO7 13 n
      1,612 words
    • 935 40 am MAC-NELS S PORE M'SIA Carritr: MM Cuhih LINES, MC p.guoamg:(o7)kuto I KV\ J QWMQ.lMHfonnni SOU: (004) *****8 MAMLA: (832) *****24 V W PENANG: (04) *****36 BANGKOK: (682) *****67 SURABAYA: (31)*****11 P. KELANQ: (03) *****77 JKT: (21) *****46 KUCHXQ (062) *****1-3 BUENOS AIRES/SANTOS MV "EVER GENTLE" V.0350-084W ETA SIN: 2-8-2000
      935 words
    • 728 40 EXPRESS CONTAINER FEEDER FOR N SHEVA (CFS MULUNO MUMMICOIOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN I C O POINTS Vessel S PORE N SHEVA COLOMBO PKLANG TULSIDAS V 128 30 JUL 01 AUG 12 AUG 11 AUG CAPE CREUS VIIOW 06 AUG 15 AUG 19 AUG 25 AUG CAPE
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  • Page 41 Advertisements
    • 1741 41 IQVESSEL VOY HKO KHH SIN PKI DXB BAB OMM UK IRAN TABATABAEI PCI-165 27/07 29/07 03/08 04/08 12/08 13/08 15/08 17/08 IRAN ISFAHAN PCL-166 03/08 05/08 10/08 11/08 19/08 20/08 22/08 24/08 IRAN BAAKERI PCL-167 10/08 12/08 17/08 18/08 26/08 27/08 29/08 31/08 IRAN HESABJ PCI-168 17/08 19/08 24/08 25/08
      1,741 words
    • 1194 41 NEW SIKVKI 1 DIRECT TO COLOMBO I M 5 MVS I I GENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL 226 1900 FAX: *****06 OUTWARD (1/L) COSTAR SHIPPING PTE LTD #12-00 SALES/IKGS *****57/43 INWARD OEPT (D/O) *****86 COSTAR AGENCIES (M) SDN BHD CR NO: *****89Q000M SINGAPORE *****8 CONVENTIONAL *****01/BSO T/SHPMT
      1,194 words
    • 988 41 EUROPE EXPRESS SERVICE EXPORT IMPORT vessu .voy m ixh htm .urn. m ihy ni_ vb» Ivw 1 mil j m m mI m SiS*. :!!8rS;S:»;S:8:S:»iS 5:8 MM 83&~. :88 M M aau iijrii 11% iSmS mwM sir mm H "i« mp romsiLai zroaaigzaiiaß-jlatww: 19iv> :afciyw; >uamuim m oa/M :ism JitoiitzM
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  • Page 42 Advertisements
    • 712 42 ■U«OW/UIC/SO>fBDBHAVIA/WWU>I<D/WJMIA MBfICM EXPORT VlSsa/VOYAGE I SGf RDM HIG TUP ZEE ANW LHV E PIWNE RW-011 30/07 18.08 [Tl/08 72/08 24; 08 23/08 LPaMXERW OU OS/0> 24/08 ?6;08 28/08 71, 08 31/08 30/08 EDEU6HT RW 014 12/08 31/08 J 02/01] 04/01} Mj/W 07/811 04/W ALSO ACCEPTING CARGO TO ANO FROM:- FINLAND,
      712 words
    • 367 42 ARAIAN PBtSUN OUtf/MPIAN BUB OONWff HRVKI i»Q«T VESSEL VOYAGE SGP CJM DM JM AM DMN IAM KMNXV XING HI 0174*1 21/07 OHM IZ/M--UNIADWOT 042W77W 31/B7 04/08 01/08 10/08 11/01 UNASSUK *****17W 01/08 05/08 11/01 11/01- 14/08 14/08 JIANG HE 01SM 04/01 15/01 14/01 11/01 UN WIRE 0424-024W 07/0811/01 14/01 17/0111/01-
      367 words
    • 1100 42 ADVANCE CONTAINER LINES (PTE) LTD AHL" TEL: *****21. FAX *****19. TELEX :RS ***** ACLPL CR NO **********06 FOB BOOKINGS PUASf CALL: *****22 SALES A MARKETING *****21-21 IAWCKOK JAKARTA (7 UII«Hl/WMt) vtssa voy aw m vtssa I vot I jkt YANTBA BHJM (R6JI 351N 29/7 Sd 1/8 9NAR SUNOA IIfTC 1)
      1,100 words
    • 406 42 SO TELOK BLANGAH ROAD 102-02 CmPORT COTRE STORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W «ssa VW ETA ETD OESIMTIM MABUKWA 3Z/ZM *****80 82M2M PNiMBANMMfTOWU. MUM KAGUR OKM 85W2M KW2M PALEMBAMWERAWAMG UMMU &7008 BMB/28M *****880 POmMtAK For enquiries and bookings please contact:SEASPACE SHIPPING (S)
      406 words

  • Page 43 Advertisements
    • 381 43 MYANMA FIVE STAR LINE (MyamMr National Line) W Loading for Yangon VlSSfl VOY SM PKL PEN PGU MAWUMYINE 90W SLD SAGAJMG 68W SU> MALAYSIA AGENTS: KMiSTUO SHIPfMG AGENCES KUL m 03-*****00 PRL TU 03-317M101 rot TU 04-2****** PGU: TH 07-*****21/4 BANK LINE (A scrvict ol Andrew Weir Skipping) NORTHBOUND TO
      381 words
    • 1211 43 HMMEHYUNDAI MERCHANT MARINE CO., LTD. Ivcsa VOY ISM I SOU 184 HE AW HAM MV [VKSB VOY I SOU I Ifll RTM I ANT 1 HAM I Mtt |SM I ATI am 021W 28/07 18/08 19/08 13/08 15/01 A* KARL 0161 12/07 11/07 08/07 29/07 APICY7MC 019W 31/07 23/08 16/08
      1,211 words
    • 757 43 vOGv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVYUFT SERVKI' I VESSEL VOY RAMP HEIGHT SIM LK MAO MIA SAV ML ORE NYC NEW MM TALUOT AHOIS 400Toa» 6JM M/ 07 25/08 02/09 05/09 OJTM" OVW" WO9 1270T WoT l»7or" TAMPERE AHOI6 4001«s 6.3 M 10/01 09/09 17/09
      757 words

  • Page 44 Advertisements
    • 1692 44 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTMMER SERVICE va VOT 7TIT HB H ill l> B W WINWT 775 11/WII/M v/m IV IV 'V mmbmii ST v/m M/M li/S »m ti/m usuui "ST is/Piu/w n/« H/W3D/M «/w rent wstMC ii/wtyw oi/wp/ww/w o»/w FEEDER SERVICE TO INDONESIA wi vot smwott
      1,692 words



  • Page 47 Advertisements
    • 41 47 Shantou, Dongshan, STL CONTAINER LINE ZhangZhou For Services To Vietnam Calcutta Turn to Pg 3 Mon/Wed/Fri Pg 7 Worldgate Express Lines STANDARD SHIPPING Wallenius AGENCIES PTE LTD Wilhelmsen Offers Weekly FCL/LCL New Europe To eastmalaysia DETAILS Pg 8 Pg 7 (Barwil)
      41 words


  • Page 49 Miscellaneous
    • 118 49 LEGEND: Issued by Meteorological Service Singapore Thunderstorm _f_ Showers Rain Temperature Cp/ Wjnd direction an( j speed in knots Weather w Cloudy Day Sea Conditions Wind speed symbols < 1 2m O Full circle w/o line indicates calm or light and variable winds 9 J—One halt tleche represents 5 knots
      118 words

  • Page 50 Advertisements
    • 83 50 To: All Business Associates Shipping Lines This is to inform all vendors, our valued clients and Shipping Lines that Mr Azman S/O Athan l/C No. *****731 and Ms Jacqueline Saaidah Fatin Lim l/C No. *****66E are no longer in our employment effective 24th July 2000 Therefore they are no longer
      83 words