The Business Times, 29 August 2000

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Total Pages: 46
1 46 The Business Times
  • 11 1 MrTA(P)O3S/t2/t989 85* SINGAPORE Internet: http://business-times.asia 1 .com.sg TUESDAY. AUGUST 29. 2000
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  • 857 1  -  They ran connter to liberalisation and disadvantage investors By Serena Ng [SINGAPORE] The Monetary Authority of Singapore (MAS) said yesterday that the Society of Remisiers' recent proposed to have fixed charges for lower-value retail trades runs counter to the objectives of liberalisation. It will
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  • 791 1  -  Most prominent will be Keppel with its Caribbean project By 1 Marissa Chew, Kalpana Rashiwala [SINGAPORE] With the Hungry Ghost Month having ended yesterday, major developers are stepping up their launches, the most prominent of which is expected to be that by
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  • 343 1  -  Long overdue blueprint hammered ont at industry summit last Friday From! Harish Mehta in Bangkok THE Stock Exchange of Thailand (SET) has worked out with the stockbroking community 23 measures to get the depressed Thai stock market back on its feet again. Vicharat
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  • Page 1 Advertisements
    • 91 1 IMSIUB Top >toiln OUB mum on foreign partner* report Mmxi Pmgm UOB stopping ail IPO work pending review. *4 I HHH H H ■MHB; StancharfB Theresa Fbo joins Ecquaria board, fig 9 2sm \&P<. Exec slock option schemes are poorly thought out NUSdon. Pg6 Civil Service to permit teteworidng. *99
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    • 10 1 HongLeong, Mitsui bag Cuscaden site for $163 m. Next Page
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    • 82 1 Coming to Singapore .v 4 V Bow rentaters can survive, Pg 3 I^H a fl^^H iHgH^^^oflH You never 1U U 11 Y V RATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after h for the next generation. \£i»£\ Begin your own tradition. Officer's Calatrava-ref. 5022 Roy Eastern
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  • NEXT page
    • ON THE grapevine
      • 151 2 NOW that dotcoms are losing favour, here is an example of how an Old Economy bricks-and-mortar shop might be a better bet than a dotcom. A BT reporter ordered a book from a Singapore Internet bookstore, Acmabooks. The book was The Carnal Prayer Mat by Li Yu,
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      • 215 2 THERE'S a raging debate going on about whether companies like Napster should be allowed to exist. Those who say yes argue that it provides a public service in allowing visitors to its website the chance to download the latest music for free. Those who say no
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      • 55 2 IF you want to surf the Net without the boss finding out, then check out Don's boss page at http://161.58.30.205/index.shyml. The site includes fake office noises which make you sound busy and bogus spreadsheets and screen graphs to make you look like you are working flat out
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    • 418 2  -  Report says JP Morgan helping to find a foreign minority shareholder By Siow Li Sen [SINGAPORE] Overseas Union Bank yesterday dodged questions on a speculative report it was seeking a foreign bank as a minority shareholder. Quoting unnamed banking sources, Bloomberg reported OUB had
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    • 757 2  -  RTTexclusive This works out to $1,380 psf for Cuscaden Residence By. Kalpana Rashiwala [SINGAPORE] Boosting their presence along Cuscaden Road, Kwek Leng Beng's Hong Leong group and Japan's Mitsui group have bagged the Cuscaden Residence condo block from the foreign party that
      CHRIS LOH  -  757 words
    • 355 2 It's helpful since everybody knows cost of doing business, adds Nor Moh&med Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad's special financial adviser said yesterday he saw no pressing need to alter the country's exchange rate, fixed at RM3.80 to
      Reuters  -  355 words
  • Page 2 Advertisements
    • 308 2 BUSINESS SERVICES/ PRODUCTS The Straits Times Classified. Classifications 201 266. \cajs\ Buy H. Sdl h. Find It. Jg The University of Hull "Ranked Among UK's First Division Universities,' 99" information A General S" 1 0 1 IM /I If A StrategicMaii<eti n g^g|p||||p. VI 7.00 p.m. y 1 M ml
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  • REMISIERS fees
    • 809 3  -  lock siew r sivanithy OVER the past two years, the face of local stockbroking has undergone some pretty dramatic changes. Deregulation has picked up pace and is now in full swing; broking firms have merged as a result of this; the contra trading system has been
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    • 564 3  -  MAiusrrrn Ho Kai Weng THE commissions proposed by the Society of Remisiers (SOR) for trades on the SGX (BT, Aug 26) make a mockery of the liberalisation of commissions that will take place on Oct 1. For years, remisiers in Singapore have operated
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    • 166 3  -  Chua Chye Hin THE Society of Remisiers should leave the decision on brokerage fees to the individual brokerage firms. Ultimately, market forces rule. The broking firm will have to balance between competitive pricing and the cost of providing the service. If the majority of
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  • Page 3 Advertisements
    • 111 3 t- tiSL msmm SIS SBBB I 1 C ft MmKf K KB I wf 1 IPs 1 S I I jiffilf i rattle To many Singaporeans, Catherine Lims somewhat flamboyant styie is immediately familiar. Overseas, however, it may be only her literary style that's as well known. Which is why
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    • 28 3 =I=l=l=ll If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call CJLT.S. at 1800-737-1166. Another V*T Classified I****! Service
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  • SINGAPORE companies
    • 513 4  -  PwC to help review UOB Asia's internal controls and conduct in eWOS fiasco By Siow Li Sen UNITED Overseas Bank is withdrawing from the initial public offering market until it is satisfied it has cleaned up its act over the eWorldofSports.com
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    • 682 4  -  Advisers say though price is low, Crown can now go ahead to delist anyway; dissenters will be stock /f Conrad Raj CARNAUDMETALBOX Asia's minority shareholders have been advised they have little choice but to accept Crown Cork Seal's offer for their shares in
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    • 526 4  -  Geraldton from Australia involved; deal worth $10m By David Boey AUSTRALIAN shipbuilders rule the waves when it comes to supplying vessels to Singapore's Police Coast Guard (PCG). And in a sign the competition from Down Under shows no sign of abating, an
      CHRIS LOH  -  526 words
    • COMPANY Briefs
      • 63 7 WORLD Shipholding, a private company controlled by prominent European shipowner John Fredriksen, has increased its stake in Osprey Maritime from 22.5 per cent to 24.76 per cent, or 83.8 million shares. Last Tuesday, the company bought 4.7 million shares in Osprey at 84.3 cents apiece. The
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      • 108 7 AMTEK Engineering yesterday announced a 3 per cent rise in net profit to $7.8 million for the full year ended June 30. Turnover grew 35 per cent to $552.7 million. Earnings per share were 4.3 cents, compared with 4.2 cents the previous year. Net tangible
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      • 63 7 NATSTEEL yesterday said it has been awarded the ISO ***** certification for its environmental system used in the manufacture of steel products. The company's efforts include energy conservation, where heat from flue gas is recovered to pre-heat steel scrap before melting. It also conserves water by
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      • 116 7 ANTONIO Sutanto, managing director of Transmarco's wholly-owned Singapore and Malaysian subsidiaries Tran smarco Concepts Pte Ltd and Transmarco Concepts Sdn Bhd, is taking a 36 per cent stake in each of the two companies. Undo* an agreement with the group, Mr Sutanto will subscribe
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      • 71 7 LION Asiapac yesterday announced a one-off $13.7 million provision for the write-down of the assets of its dry cargo container business, which it has decided to cease. The provision has been made for the financial year ended June 30. The group said the provision for
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      • 69 7 LIANBeng Group posted a 49 per cent fall in net profits to $4.8 million for the year ended May 31. Turnover tumbled 32 per cent to $133 million. Earnings per share declined from 3 cents to 1.3 cents, while net tangible assets per share rose
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      • 23 7 URACO Holdings has requested for a suspension of trading of its shares today pending the release of an announcement
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    • 433 7  -  By\ Serena Ng A SIGNIFICANT decline in the volume of trades on the Singapore Exchange dragged stockbroker Kay Hian Holdings' interim turnover down 26 per cent to $76.45 million. Net profit for the six months to June 30, 2000 also slid 18 per
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    • 358 7  -  Company claims more market share, sees sales improving By Christopher Tan PROPELLED by unstoppable Nissan sales, motor and property group Tan Chong International posted net earnings of HK5134.5 million (Ss3o million) at half-time, almost 50 per cent more than
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    • 258 7  -  By. Eugene Low LIFTED by strong orders for hard disk drive components, Seksun Precision Engineering yesterday reported a 21.2 per cent rise in interim net profit to $4.1 million. Turnover for the six months to June 30 increased 11.5
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    • 413 7  -  By Siow Li Sen HONGKONG-BASED CM Telecom gave up its primary listing in Singapore, prompted by the greater disclosure policy of the Singapore Exchange (SGX). Stan Yue, the company's executive vice-president, corporate finance told BT last Friday by phone from Hongkong: "We had
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    • 239 7 Report said DBS, OCBC also want stake; early talks held with some parties AFX Asia [HONGKONG] United Overseas Bank has expressed interest in taking a stake in FPB Bank Holdings, the Hong Kong Economic Times cited industry sources as saying. The sources said
      AFX Asia  -  239 words
    • 200 7 SIME Singapore has turned in its best results since its listing in 1990. Earnings for the year ended June 30 almost doubled to $43.9 million. The profit was achieved on a turnover of $844.6 million, an increase of 35 per
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    • 922 8  -  Panel hopes to find ways to give schemes Haagan Daz's sticky toffee flavour By Paul Thompson MORE than half of Singapore's listed companies have executive stock option schemes. But most are of the plain vanilla variety, says Mak Yuen Teen, Associate Professor and Deputy
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    • 340 8  -  It will om $3J2m of proceeds to fond expansion and $LBm to repay loans w Vivien Ng GOLF equipment specialist Transview Holdings yesterday launched an initial public offer of 43 million new shares at 22.5 cents each. The company, the first of its
      ARTHUR LEE  -  340 words
  • Page 4 Advertisements
    • 965 4 8% TAnCHOnG TAN CHONG INTERNATIONAL LIMITED (Incorporated in Bermuda with limited liability) INTERIM RESULTS The Board of Directors of Tan Chong International Limited is pleased to announce the following unaudited results of the Group for the six months period ended 30 June 2000 together with the comparative figures for the
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  • Page 5 Advertisements
    • 287 5 This is the finest photo quality printer on the market. But don't take our word for it. "If I hadn't watched it print, I might not have believed... These prints are amazing." Outdoor Photographer "...outstanding performance in the 'digital darkroom'... BJC-8200 produces pictures that are indistinguishable from traditional photographs." Technical
      287 words

  • SINGAPORE markets
    • 476 6 Stocfct Volums Brieriey NZ10c 31,240,000 SingTel 15c 8,878,000 Medi-RadSc 8,130,000 Uraco HHgslOc 7,859,000 Osprey M US10c 5,565,000 ITechGrp4c 5,194,000 ReedQip5c 4,780,000 K1 Ventures 10c 4,278,000 NatElec 10c 4231,000 PNEIndlOc 4,169,000 Stocks I SIA 29,522.248 Datacraft 10c 27,804,364 UOB 26,825,062 DBSQrp 26,393,224 Nat Else 10c 25,663,500 SingTel 15c 24,830,801 Chart Semiconductor
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    • 565 6  -  l-l I comment STOCKS r. sivanithy THE local stock market reverted yesterday to a pattern familiar to those who have tracked its fortunes in the past few months interest in a handful of index stocks enabled the Straits Times Index to close
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    • 343 6  -  l 3 comment CURRENCIES larry wee THE Japanese yen and Indonesian rupiah started off the week with a bang, while other Asian units were more restrained, and the euro barely held its ground above the 90 US cent support. The yen
      Source: Reuters  -  343 words
    • 195 6  -  WARRANT WATCH By R Sivanithy ONE of the few stocks that seem to be in play now is Chartered Semiconductor Manufacturing. Since there are covered warrants on CSM issued by Credit Lyonnais, perhaps a run through its numbers might prove useful. Like
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    • 218 6  -  HOT STOCK By Teh Hooi Ling LOSS-making disk-drive component manufacturer Uraco Holdings gained another one cent yesterday on heavy volume. It was among the top 10 most-active counters, with nearly 8 million shares traded, or about five times its 10-day average. This brought its gain in
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    • 162 6 ♦BOUSTEAD Singapore will trade ex-firsi and final dividend of i.3 per bent per share of $0.25 each, less 25.5 per cent on Sept 14. Its book closure date is Sept 19. The date payable for the dividend issue is Sept 29. ♦Shangri-La Hotel will trade ex-interim dividend of
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  • Page 6 Advertisements
    • 163 6 811 oNi c s wmmmmmm h 20 0 0 HEART OF ASIA'S INDUSTRY H WORLD'S 3RD LARGEST I ELECTRONICS MANUFACTURING EXHIBITION H Bring your mind to the Heart of Asia's Electronics Manufacturing Industry where you will be in the company of other leading industry players. Expecting over 1,000 participating companies,
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    • 50 6 YOU CAN NOW PUT YOUR CPF SAVINGS IN EIGHT. important All applications tor units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may fall as well as rise >I<| >r,sn 1
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  • Page 7 Advertisements
    • 1156 7 KAY HIAN HOLDINGS LIMITED KayHl<Ul Proforma Half Year Financial Statement And Dividend Announcement Half-year financial statement on consolidated results for the six months ended 30th June 2000. These figures have not been audited. GROUP COMPANY 30/06/00 30/06/99 30/06/00 30/06/99 rooo rooo ctiange rooo rooo change 1 (a) Turnover 76,448 103,170
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  • Page 8 Advertisements
    • 457 8 Looking for business opportunities? Beat FRANCHISINC2OOO The aid rtemabonal Erttoton and CunOsw n tor Lcengng and Biainess OpponunMg 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 18 countries. Expose yourself to opportunities. The
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  • SINGAPORE news
    • 307 9  -  Computing institute also signs pact with Son Microsystems By Daniel Buenas THE Institute of High Performance Computing (IHPC) hopes to give its operations a $150 million boost during the next three years. And yesterday it signed a memorandum of understanding with US giant
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    • 184 9 THE chief executive of Standard Chartered Bank (Stanchart) in Singapore, Theresa Foo, was yesterday appointed to the board of Ecquaria Limited, a regional e-commerce software product and applications provider for e-busi-nesses and e-government infrastructure. "We are delighted to welcome Theresa on board as a
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    • 275 9  -  1 on the economy CPI By Eugene Low HIGHER-INCOME households experienced the lowest amount of inflation in the first half of the year, according to figures released yesterday by the Department of Statistics (DOS). For the top 20 per cent income group, the Consumer Price
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    • 726 9  -  Part of new package being introduced to help govt lead in creating pro-family environment By Serena Ng THE Singapore Civil Service will allow teleworking as part of a package of reforms to help staff better balance life and work. Other elements of the package include
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    • 646 10  -  Minister says govt to amend Act to allow formation of PACs By Paul Thompson LIM Hng Kiang, Minister for Health and Second Minister for Finance, yesterday announced that the government will shortly debate plans to allow local accounting practices to incorporate. Speaking at the opening day of
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    • 289 10 A $37 million price tag is expected for a 22,511 sq ft site at River Valley Road. Within walking distance of Somerset MRT station, the freehold site at 3388 River Valley Road now houses 24 apartments in three blocks. Marketing agent CKS
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    • 593 10  -  MAIIiTEffI Pearlyn Koh I REFER to your article "Insurance uncovered" (BT, Aug 25). I am a financial planner specialising in insurance sales for my clients. The need for greater transparency in the sales and mortality charges has long been a bone of
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    • 624 10  -  Narayana Narayana I REFER to the letters (BT Aug 18) in your Mailbag columns, "Correct market image or lose small investors" from Mr Adrian Ho; "SGX must review its rules and adopt a pro-active stance" from Mr Jeffrey Ho Loon Poh and "Curb short-selling, or
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    • 460 10  -  Curtis J Montgomery I WAS disappointed to see BT publish an article titled 'Time to tighten dotcom accounting practices" (BT, Aug 28). The author, Paul Thompson, accused dotcom companies in general of abusing commonly accepted accounting practices to make their businesses
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    • 390 10  -  SINGAPORE Kelly Services of US all set to enter Asian staffing market and bnild strong presence By Vivien Ng A US Fortune 500 company, Kelly Services Inc, acquired home-grown Singapore recruitment firm Business Trends yesterday in a bid to enter the Asian staffing market.
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    • 232 10 AFP [JAKARTA] Indonesia's state oil company Pertamina will process at least 100,000 barrels of crude oil a day in Singapore refineries to assure sufficient domestic fuel stocks, a report said here yesterday. "I have just returned from Singapore to talk about crudeg-ocessing deals
      AFP  -  232 words
    • 349 10  -  Asian e-businesses should not follow US dotcoms blindly; good that bubble releasing steam now, they say By' Toh Han Shih ALL e-businesses must have a workable business model, said Peter Yeong, a reader who responded to BT's article yesterday "Many Singapore dotcoms fighting for
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  • Page 9 Advertisements
    • 377 9 i. L ha mgi neon the planet Nothing beats the sheer driving force of Nissan Cefiro's V 6 engine technology. Clearly a force to be reckoned with, Ward's Auto World (USA) has rated its top-performing VQ3ODE power plant as one of the Ten Best Engines for six consecutive years Le.
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  • Page 10 Advertisements
    • 65 10 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your AtH name, address and telephone number, so¥*e can verify It came from you. Please use temperate language, and bear In mind libel
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  • FOCUS property
    • 803 11  -  J_comnient PROPERTY Members from only a very small spectrum of society lee han shih HOW much say do Singaporeans have in shaping the Concept Plan, the blueprint for the country's physical development? Not much, when you get down to what sort of choices they
      FILE PHOTO  -  803 words
    • 505 12  -  Office vacancy rates fall across Asia-Pacific in second quarter, says JLL fyi Andrea Tan THE information technology and telecommunications sectors have spurred demand and helped push down office vacancy rates across Asia-Pacific, Jones Lang La Salle (JLL) said yesterday. The property consultancy said in Singapore,
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    • 229 12 Stalled projects, late delivery, fear of policy changes cited in report SINGAPOREANS are still wary of investing in Malaysian property mainly due to the lack of strict enforcement of project completion and inconsistency in foreign investment policies, according to the New Straits Times. The
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  • Page 11 Advertisements
    • 271 11 ■si itiSS Ife? 4* i.; v<jHßBfc• v *> i ,*575 -\V ivL.--jffc < '-iijLfc" ii. r A.' ■v .V •> if... > >. >• >".; Buying? Renting? Sefcng? Now ft easy to stay on top of the property market From the best prices to the latest property releases, aN you
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  • Page 12 Advertisements
    • 387 12 Prime Development Site 1 near Sommerset MRT imm r Address 338/B/C/F River Valley Road Land Area 2,091.3 sqm 22,511 sqft dwoi»3^:.. Plot Ratio 2.8 /Up to 10-storey 1 A SUBJECT hST*-!| la crystal I cftl Investment Sales kwii-fi .Uun IP |PBB| Tel: 533 0220 C H U ip IBffil Fax:
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    • 226 12 /HSft Jones Lang vats' LaSalle. FOR SALE BY TENDER 17 CLEMENTI LOOP I A purpose-built part 1 part 4-storey detached I warehouse with ASRS system I Roor Area-approx. 97,586 sf I Land Area-approx. 107,618 sf Tenure-JTC 30+30 years wef 16/6/1993 Ideal for corporate headquarters I TENDER CLOSING ON 26/9/2000 TUES
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    • 347 12 NOTICES To advertise call toll-free 1800 741 1883 lax No 741 ***** Penguin Boat International Limited (Incorporated in the Republic of Singapore) NOTICE OF BOOKS CLOSURE PROPOSED ISSUE ("WARRANT ISSUE") OF 80,000,000 WARRANTS ("WARRANTS") TO SUBSCRIBE FOR UP TO 80,000,000 NEW ORDINARY SHARES OF $0.10 EACH IN THE CAPITAL OF
      347 words

  • EXEC lifestyle
    • 910 13  -  WMUD SHMPOBBIOOO If not for his passion for the meditative flute, Hariprasad Chaurasia might be a wrestler y. today. He talks to leab rat of the influences in his life and his music LEAH RAY Y MUSIC is purely Indian, spiritual and meditative," says Hariprasad
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    • 350 13 TELEVISION NBC leads the race with 14, followed by HBO with a dozen LAT-WP [PASADENA, California] The West Wing began its Emmy campaign by collecting four statuettes during a preliminary night-time Emmy Awards presentation on Saturday. The first-year White House drama claimed awards
      LAT-WP; REUTERS  -  350 words
  • Page 13 Advertisements

  • e-NEWS
    • 318 14 NEW YORK NYT IN an effort to give media planners more information about advertising patterns online, a study has found that a majority of online advertisements had short life spans, running three weeks or less. Perhaps in keeping
      NYT  -  318 words
    • 330 14 WASHINGTON AP SOME "bug hunters" who uncover security flaws in computer software and rush to issue public warnings may be helping hackers more than consumers, industry officials worry. It's a thorny issue that divides security specialists. Many argue that fast, full disclosure
      AP; FILE PHOTO  -  330 words
    • 550 14 BELLEVUE, Washington Mobile phone company to pay in stock and assumed debt Bloomberg VOICESTREAM Wireless Corp, a mobile phone company being bought by Deutsche Telekom AG, agreed to buy Powertel Inc for about US$7.2 billion (5512.38 billion) in stock and assumed debt to
      Bloomberg; AFP  -  550 words
    • 320 14 HELSINKI Move'ftjUttgpnnfttl conmmar concerns Reuters MOBILE phone manufacturers plan to start labelling mobile phones next year with the amount of radiation they emit in response to concerns from consumers and organisations, leading producers said yesterday. Finnish Nokia, the world's largest mobile phone
      Reuters  -  320 words
    • 542 14 NEW YORK Its new ads will lay oat the resources the firm has that the upstarts de net NYT REMEMBER those grainy commercials that showed a white-haired actor portraying a brokerage firm executive that many people mistook for the real Dean Witter?
      NYT  -  542 words
    • 442 14 SAN DIEGO The deal values MMC at about US$ll7 a share Bloomberg APPLIED Micro Circuits Corp, whose chips speed data traffic on fibre-optic networks, agreed to buy microprocessor designer MMC Networks Inc for about US$4.5 billion (557.7 billion) in stock to fill a
      Bloomberg  -  442 words
    • e Briefs
      • 119 14 Bloomberg Electronics NVs Origin unit tor at leaa&L6 billion euro* (Ss4 billion) in stock in a bid to catch up with European rivals. Philips will receive 21.5 million shares representing 48.9 per cent of the combined entity. The Dutch company will also have the right to buy Atos
        Bloomberg  -  119 words
      • 104 14 Bloomberg [SYDNEY] Look Smart Ltd, a US-baaed Internet search engine, said it is in discussions with Telstra Corp regarding a possible "business relationship", though said there is nothing conclusive to announce. The Australian newspaper said yeeterday, withoutcltteg sources, that Melbourne-based Telstra is set
        Bloomberg  -  104 words
      • 58 14 Bloomberg [SUNNYVALE, California] Advanced Micro Devices Ine, Intel Corp's main rival in the market for personal-computer processors, said PC maker* have r|pyp)nping nwhinaa lifting it* fagtogt fthlp Advanced Micro introduced the 1.1-gigahertz Athlon processor earlier this month, after Intel debutal a I.I3GHz Pentium m and
        Bloomberg  -  58 words
      • Article, Illustration
        71 14 Reuters [JERUSALEM] Pablo Halpern (above), vice-president of the Israeli company Given Imaging lid, shows a new video-imaging pill at a media briefing. The wireless thimble-sized capsule could spell the end of uncomfortable small bowel examinations and could be available for about USI3OO (Sssls) in January 3001. The patented disposable
        Reuters  -  71 words
      • 83 14 Reuters [SEOUL] Thousands of people, protesting against fighter Internet regulations to be implemented next year, paralysed the South Korean information ministry's home page on Saturday, local media reported on Sunday. "It was the first time in our history we were hacked," an official of the
        Reuters  -  83 words

  • Page 15 Advertisements
    • 97 15 ON 6th SEPTEMBER unveil Singapore's leading T D A 1 T7 CTADC 1 KAlj Jl> e> I/\ l\j Ihe 1 MVS II )H 1 lllenn iu n1 I rade \wa id. as\ mb< >1 ot pn st lizy, ivc <>i;n lses rh rei d ist inguished >ni|\in ies lor rlk
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  • EDITORIAL & opinion
    • 716 16  -  wm bottom line OPINION bob herbert NYT REPORTERS covering George W Bush's presidential campaign are having a field day with his so-called Bushisms. If s understandable. They're irresistible. "We must all hear the universal call to like your neighbour just like you
      NYT  -  716 words
    • 124 16 'I feel sorry for them that they are not able to distinguish the truth from propaganda Maybe I'm thick-skinned.' Makalldr MAaeai the Malaysian prime minister, after a US-based Islamic group withdrew its invitation to him to address them. 'I have been strongly advised that shopping is not
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    • 694 16 EDITORIAL IT is all too tempting to recall the dismal *****, when crude oil prices remained obstinately high for most of the decade. Once again, the benchmark Brent crude is trading above the sensitive US$3O a barrel —triple the price 18 months ago. But
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    • 1132 16  -  France's prestigious Insead is all set to make waves with its fall-fledged local operation in October Byy Vikram Khanna The writer is BT's regional economics editor WHEN a slickly-designed campus in Buona Vista opens for business on Oct 23, it will mark the
      CHRIS LOH  -  1,132 words
    • 895 16 THE recent Indian Fashion Week exposed certain inherent weaknesses in the design fraternity. Although just about a decade old, the country's fashion business, barring a few stylists, has not only been getting its priorities wrong but also trying to sell concepts that are misleading. For one,
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  • MALAYSIA news
    • 34 17 [KUALA LUMPUR] A woman walks through a shopping mall in Kuala Lumpur yesterday. Shops throughout Malaysia are having mega sales to celebrate the up-coming National Day Celebration on Aug 31. AFP
      AFP  -  34 words
    • 230 17 KUALA LUMPUR But grrap turnover falls by 34* t0RM496.4m AFP MALAYSIA'S Renong Bhd announced yesterday a net profit of RM246.11 million (Ssl3 million) for the year ending June, reversing a hefty loss of RM1.41 billion the previous year. But group turnover fell
      AFP  -  230 words
    • MALAYSIA Briefs
      • 72 17 Bloomberg [KUALA LUMPUR] Malaysia International Shipping Corp, the country's largest shipping company, said profit in the first quarter rose 6 per cent as the economic recovery fueled demand for trade. MISC said profit rose to 3125 million Malaysian ringgit (Ssl4l million), or 16.8 sen a
        Bloomberg  -  72 words
      • 87 17 Bloomberg {KUALA LUMPUR] Malaysian vehicle sales roee in July to their highest level in more than two years as the country's economic recovery boosted Job security and prompted consumers to buy more cars. Sales of cars, trucks and buses increased 24 per
        Bloomberg  -  87 words
      • 55 17 AFX-Asia (KUALA LUMPUR] DRB-Hicom Bhd is planning a bond issue worth RMBoomillion to repay bank borrowings to place itself in a better bargaining position when negotiating the proposed disposal of Edaran Otomobil Nasioual Bhd (EON) to Perusahaan Otomobil Nasional Bhd (Proton), business weekly The
        AFX-Asia  -  55 words
      • 69 17 AFX-Asia [KUALA LUMPUR] AMMB Holdings Bhd and Utama Banking Group Bhd are expected to merge only their commercial banks instead of a comprehensive merger involving all the financial services units in both groups, The Sun newspaper said in a report Under this plan, the
        AFX-Asia  -  69 words
    • 495 17  -  All nuyor units turned in better results, except for Mayban Assurance From] Diana Oon Abdullah in Kuala Lumpur THE Malayan Banking group chalked up RM1.36 billion (*****.6 million) in net profits for the year ended June, thanks to strong loans growth
      495 words
  • Page 17 Advertisements
    • 91 17 We provide consultancy services on offshore structures, shelf companies and Incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive Insurance companies for qualified applicants. For
      91 words
    • 565 17 P^ET £^WP^ISii^HRF^BIH li ll W <- JHp: 1^ mm M/ViPflan/brwws J\m*j. W v J^Sf j» V- 4j£""* "v. -rB;? Welcome aboerd ANA Pok6mon Jet and get lovable Pok6mon gifts 1 The Pokdmon fever is taking over Singapore Decorated with the cute and lovable Pok6mon While you fly high in spirit
      565 words

  • REGIONAL news
    • 577 18  -  He emphasises the new Indon Cabinet will work closely with VP Megawati From Shoeb Kagda in Jakarta INDONESIA'S newly-installed economic czar Rizal Ramli yesterday outlined a 10point programme for the new government and emphasised that the Cabinet would work closely with Vice-President
      REUTERS  -  577 words
    • 378 18 KUALA LUMPUR It feels fall impact of rising oil prices since it doesn't hedge Bloomberg MALAYSIAN Airline System Bhd., the country's national carrier, reported a fiscal firstquarter loss, falling from a profit in the year-ago period, as fuel prices pushed up operating costs.
      Bloomberg  -  378 words
    • 125 18 AP [JAKARTA] A small homemade bomb exploded near the parking lot of the Malaysian embassy in Jakarta, an embassy employee said yesterday. There were no injuries from Sunday night's blast and only slight damage was caused to the pavement, said the employee who declined to
      AP  -  125 words
    • 255 18 KUALA LUMPUR The nations hope to sign the deal in Sept Reuters SOUTH-EAST Asian nations have agreed to increase a two-tier currency swap scheme supporting economies facing balance of payments problems to US$l billion (SSI.7 billion) from US$2OO million, central bank officials said
      Reuters  -  255 words
    • 402 20 JAKARTA Moveablowto efforts to restore confidence in the legal system Reuters AN Indonesian court yesterday acquitted the main defendant in the politicallycharged Bank Bali scandal, dealing a blow to the country's efforts to restore confidence in its legal system. The scandal has haunted
      Reuters  -  402 words
    • 152 20 JAKARTA AP INDONESIA'S Parliament agreed yesterday to farther investigate two financial scandals involving the country's President Abdurrahman Wahid. In a plenary session of the legislature, a majority of lawmakers backed a motion to launch a formal investigation into the scandals. "Now
      AP  -  152 words
    • 236 20 JAKARTA AFP INDONESIA'S first commodity futures bourse is to open in Jakarta next month, according to its director. "We should be operating on Sept 1, as expected All that is left is getting a licence from the government," director of the Jakarta Futures Exchange
      AFP  -  236 words
    • 710 21 TAIPEI Choughwa success will pot them in good position to manage fotore privatisations Bloomberg JUDGING from air traffic over Taipei, at least some members of the international community recognise the authority of Taiwan's new President Chen Shui-bian. Morgan Stanley Dean Witter
      Bloomberg; REUTERS  -  710 words
    • 424 21  -  Its share price, however, slides to 3-month low Frorni Quak Hiang Whai in Hongkong LARRY Yung's Citic Pacific Limited yesterday reported a 5 per cent rise in net profit to HK$l.59 billion (Ss3so million) for the six months to June 30, even
      Source: Bloomberg  -  424 words
    • 339 21 NEW DELHI AP INFOSYS Technologies, the first Indian company to list on a US stock exchange, has urged India's prime minister to seek an easing of restrictions on foreign workers' visas during his meetings with US President Bill Clinton. "We
      AP  -  339 words
    • 434 21 HONGKONG It is expected to be set up in Shenzhen, ahead of China's WTO entry AFX Asia AFP Bloomberg CHINESE premier Zhu Rongji has urged the launch of a second board on a mainland stock exchange in October, ahead of the country's
      AFX Asia; AFP; Bloomberg  -  434 words
  • Page 18 Advertisements
    • 1191 18 Sime Singapore Limited PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 30 JUNE 2000 The Directors are pi mid to announce the following: 1 ur*udlted reeulls of the Group and of the Company tor the year ended 30 June 2000 GROUP COMPANY 2000 1889 2000 1999 S$ Million U- SS
      1,191 words

  • Page 19 Advertisements
    • 169 19 10 th Anniversary Celebration .381 Sale! A voucher worth $10 is given away for every $50 purchase during our 10 th Anniversary Celebrations. I his Voucher is exchangeable tor jewellery at BI lie Dazzling Jewellery 1 vent of the vear awaits vou. lor 10 days only, our exclusive tie-up with
      169 words

  • Page 20 Advertisements
    • 179 20 ■tilitv isn t nenr>"t-'v u 1 t,lu > time too H projecteyebalL Ej /Ptyj6Ct&Vi4\ retro! companies, C° s lvx nno I I explain yourselves U/} 4Sb [S f -etus*.Ml New WIiOB ---SeSifil 7\ f^ /e av< liH Iff ft suSis B% M^lis SxS» LSJ sSsxssvl. Ss:=:i= -t£S. I n[ff --sssa
      179 words
    • 1126 20 T(i .trtvertise call toll tree 1800 .'4l 1333 ll V i IVUIJ Fh* No *****98 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EACON PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(2) of the Companies Act. Cap. 50.
      1,126 words

  • Page 21 Advertisements
    • 230 21 I lie \< W I J \IIS l*\.{()() Patlifinder of the new economy i'r nir--'niiiiifi l Tnnmivwinr.i-. 1 1 .Set \ourt > n (Lvs 11 n;i 111> n A lid rli.i rt \on i own ion iM- Ln \II 1 si'd.l II 111 I'l't S .S I i n I
      230 words

  • WORLD news
    • 634 22 mergers LONDON Formal bid expected after rejection of £800 m proposal NYT OM Gruppen, which runs the Stockholm stock exchange, is expected to make a formal offer, which could include a hostile bid, for the London Stock Exchange, executives close to the discussions
      NYT  -  634 words
    • 474 22 LONDON It plans to improve merger offer should OM make hostile bid FT AFX-Asia DEUTSCHE Boerse is preparing to defend its plans to merge with the London Stock Exchange (LSE) with a "white knight" offer that could improve the terms of its
      FT; AFX-Asia; FILE PHOTO  -  474 words
    • 407 23 BIS REPORT BASEL. Switzerland Extensive nse of property as a collateral primary source of tosses for basks: study Reuters THE Bank for International Settlements says potential risks tied to soaring real estate prices coupled with heavy lending to that sector
      Reuters  -  407 words
    • 483 23 Reuters STOCKS are starting to react at times more strongly to market-moving news than bonds, changing how these two markets behave and influence each other, the Bank for International Settlements (BIS) said. The implications could include a more unpredictable and volatile environment for debt markets,
      Reuters; AFP  -  483 words
    • 391 23 TOKYO Reuters AILING Japanese life insurer Taisho Life Insurance Co was shut down by regulators yesterday following the arrest of its principal rescuer and largest shareholder for suspected fraud. The order by the Financial Services Agency requires Taisho, the smallest of Japan's 17
      Reuters  -  391 words
    • 381 23 Orewth fuelled by spate of takeovers; Q2 most active for intl syndicated credits since '97 Bloomberg BANKS worldwide more than doubled their cross-border lending in the first quarter, fuelled by a spate of takeovers, according to the Bank for International Settlements.
      Bloomberg  -  381 words
    • 579 24 EDINBURGH James Murdoch, head of Star TV said Asian audiences, in particular, favoured local content Reuters JAMES Murdoch, son of media magnate Rupert and head of Asia's Star TV, launched a blistering attack on the world's top media groups on Sunday, saying they
      Reuters  -  579 words
    • 479 24 JACKSON HOLE, Wyoming It's not changing its bias despite signs of slowing economy Reuters DESPITE early signs of a US economic slowdown and sharp gains in productivity, Federal Reserve policymakers are reluctant formally to declare victory in their long and arduous battle
      Reuters  -  479 words
    • 220 24 LONDON Leading retailers are writing to finance ministers te urge rethink en 'E-day 5 plans FT EUROPE'S leading retailers have warned finance ministers that the cash economy will "crash" hours after the introduction of euro notes and coins unless plans for that day are changed.
      FT  -  220 words
  • Page 22 Advertisements
    • 58 22 i a .s x Sr r j *V > -v V* v FUJI XEROX. MAKING OUR MARK AT THE OLYMPIC GAMES We've shouldered the responsibility of documentinq the Olympic Games since 1964 111 > Xero* Singapore Pie Ltd 6 Temasek Boulevard »1H 01 Suntec Tower 4 Singapore *****6 Telephone '66
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    • 15 22 BIDAY©*•M^». inlie Zaohao ISlfifl mm XtliiLl 'ffi Lifting of no^liSFV easy task for I Malaysia
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  • Page 23 Advertisements
    • 686 23 NOTICES To advertise call toll-tree 1800-741 1883 Fax No. 741 1298 GB HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING A BOOKS CLOSURE DATE NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at the Company's Registered Office, 29 Loyang
      686 words
    • 283 23 VMHUd Blueprint for Siicccss A Three-day Seminar and Workshop aWUi) .xJ Merchant Court Hotel *19-21 October 2000 am 5. JO pm f« IM uxnenm un\ uncw, Luant Technologies Pte WHO WILL BENEFIT Jl, WW m*rwW CEOs, Managing Directors, Senior ■barrier of my fl Management, Executives, toys,! neafecd is the founder
      283 words

  • Page 24 Advertisements
    • 172 24 Pi t*3 tesi M. 11. UvVij •TJ in India give shot in the arm to German Jl jIl <K J^L (i t A giant. Under threat from the WTO, has agreed to ban the companies like Bayer, they are developing modified perhaps it's time you considered the Financial Times, infringement
      172 words

  • FINANCE & commodities
    • 369 25  -  SOX Derivatives TnMagßeports ST Index/MSClS'pore Index Chan Yet San THE Singapore stock market ended a touch higher on a slow day yesterday. The Straits Times Index closed with a gain of 9.82 points or 0.45 per cent at 2,176.11 points. Within the index,
      369 words
    • 254 25  -  MSCI Taiwan Index Chan Yet San THE Taiwan stock market started the week on a sour note, suffering the biggest one-day point decline since July 20. The MSCI Taiwan Index lost 7.53 points or 2.12 per cent to end at 347.16 points. A
      254 words
    • 146 25 ENERGY REPORT Reuters [SINGAPORE] OU edged lower in Asia yesterday as Opec looked set to turn up the oU supply taps again after prices broke above US$32 a barrel. Benchmark October New York Mercantile Exchange crude futures were last traded at 7.45 GMT at
      Reuters  -  146 words
    • 332 25 Reuters Lamtm THE yen rose to seven-week peaks against the dollar yesterday amid optimism about the Japanese economy, while the euro slipped in thin, nervous trade against the US unit as talk continued of a euro zone rate rise this week. But dealers said liquidity ran almost dry
      Reuters  -  332 words
    • Article, Illustration
      1138 25 nrnnt»AMi cxmm katbs A$ C< >i In Fir M i$ im 1 MlNfcfc Nw S$ Imi Mr WTS UM *mt «S Australia 0J5I 4760 0.635 4*4 1242 4.472 ***** ***** 0809 6274 2.179 UO ***** 25.012 0.905 3.941 0.980 I7J17 ***** 0.3t9 0.573 CaM* 1175 5.593 0.7* 4*93 1459 5.255
      1,138 words
    • 1469 25 WOOMHlTUm Aug 28 RUaMI(Mw*scM««atUO»a> eg. Jjm (m 00 09.25 odoo &Z SS SS »o M g Jjj Sm 00 6TiS 7S OrfOO 69.00 UM 6U0 m 3090 Nov 00 TWO MOD OK 00 72.75 7100 72.75 4M 2200 TSK 20 FOi CONTIACT (US MM OpMI S4 Mi tm W« ft—»
      1,469 words

  • STOCKS east asia
    • 2800 26 HONGKONG AFP ClHaagSeiig -216J8 HONGKONG share prices fell 1.2 per cent yesterday on continued profit-taking, amid a lack of fresh incentives, dealers said. The key Hang Seng index lost 216.98 points to close at 17,019.76 points on a turnover of HK$B.l2 billion.
      AFP  -  2,800 words
    • 1901 26 TOKYO AFP Hwktaiaas ♦m7i SHARE prices in Tokyo recouped the psychologically important 17,000-point level for the first time in over a month yesterday on brighter prospects for Japanese firms, brokers said. "There are strong hopes for high-tech shares, and the fact that the index topped 17,000
      AFP  -  1,901 words
    • Article, Illustration
      1008 26 Reuters fl Shenzhen B Index -155 CHINA'S hard currency B shares lost further ground yesterday as profittaking extended a sharp correction that started early last week. A sell-off in Shanghai index heavyweight Zhejiang Southeast Electric Power Co by institutions led the market tumble. Brokers said some institutions rushed to
      Reuters; Source: Credit Lyonnais Securities (Asia) Ltd  -  1,008 words
    • 350 26 AFP QWP Index -180.45 TAIWAN share prices closed 2.2 per cent lower yesterday on selling sparked by fears over the financial state of the Rebar group and its associated companies, dealers said. The Taiwan Stock Exchange weighted price index fell 180.45 points to 7,845.87 points, on a turnover of
      AFP  -  350 words
  • Page 26 Advertisements

  • STOCKS klse
    • 340 27 AFP P Composite Index -187 MALAYSIAN shares ended 0.4 per cent lower yesterday in thin trade with investors largely sidelined before the release of key corporate earnings figures this week, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 2.87 points to finish
      AFP  -  340 words
    • 6283 27 MOUSTMALS Cmhhmt inMt 2000 LMt V8l "J ''J Htak L-, Company M "OOP HUH tP» P/t JII.. rs i ts"s st: 470 290 ApStoVoodM* 1725 2700 BAT 50c 3125 "J 2 •92 *22 "SK"" £2 £5 fl 22? 22$ »i ,J«2 .125 MCOfP -~>»o -40 18 1260 1220 *3 WU
      6,283 words
  • Page 27 Advertisements

  • SGX clob & regional stocks
    • 2694 28 ROMPS A WARRANTS Aug 28 «i ami M bpkr Lai M t&t laMnti lm ImmtUm Urn Mk tmrn N*Lm J L trtk ««r- r—tl Lm >Hw 1*1 8a»t*2 LaR US -1 122 143 13 5 133 14 13 41.0 I 300 175 8 44 n 5 L5 128 T? 2
      2,694 words
    • 286 28 AFP Q Composite Index +2LOI SOUTH Korean shares edged up 0.3 per cent, 2.01 points, yesterday to 731.81 points. Volume was 269 million shares worth 1.3 trillion won. AFP Anom S*mi tlOOO -150 Br am Toch «7S -5 Ctrrtrtt BMk *<0 -15 ClwMComm *****0 unch Dm Cu Bank 2060
      AFP  -  286 words
    • 278 28 AFP Q Composite Index +1L72 PHILIPPINE share prices rose 0.8 per cent yesterday with the Philippine Stock Exchange Composite Index up 11.72 points to 1,505.20 points. Volume fell to 412 million shares but value rose to 802 million pesos from 539.7 million shares worth 764.6 million pesos on Friday.
      AFP  -  278 words
    • 271 28 AFP ONZSE-40 +3SJ7 NEW Zealand's key share index closed up 1.7 per cent yesterday, driven by gains in Telecom New Zealand and Fletcher Challenge Energy and currency stability, dealers said. The NZSE-40 Capital Index ended up 35.97 points at 2,093.74 points on a turnover of NZ$l92 million. AFP tatn
      AFP  -  271 words
    • 516 28 AFP PAnOriKMriMi -3J AUSTRALIAN share prices dropped 0.1 per cent yesterday, after modest gains in media, telecoms and retail stocks were wiped out by falls in financial and resource stocks. The All Ordinaries index ended 3.6 points lower at 3,322.7 while the SP/ASX 200 index lost 3.5 points to
      AFP  -  516 words
    • Article, Illustration
      749 28 AFP D SET latex -m THAI share prices slipped 0.4 per cent yesterday in rangebound trade amid a lack of fresh leads to boost buying, brokers said. The Stock Exchange of Thailand Composite Index fell 1.12 points to 305.72 points while the SET-50 index eased 0.06 points to 21.52
      AFP  -  749 words
    • Article, Illustration
      671 28 AFP QCmpastolnfex -&24 INDONESIAN share prices closed 1.1 per cent lower yesterday as investors squared positions ahead of the corruption trial of former president Suharto due to start later this week, dealers said. The Jakarta Stock Exchange Composite Index closed down 5.24 points at 481.67 points. Volumes traded amounted
      AFP  -  671 words
  • Page 28 Advertisements

  • 7071 29 SGS MA1MB0&RD Transaction date: Aug 28 Or Or M Wt 32-Wk Last ¥91 09* LMtOwtl ON M W M C4» A»» WfK U, -irrni-y fOOO» **t» La. —y«r Mir CV M M Ertaa 161 101 m c AcmaSOc 94 4 24 IIS 10 M W 3 43 22
    7,071 words
  • Page 29 Advertisements

  • KNOWLEDGE economy
    • 1818 30  -  John Kao gives a fresh view of innovation Reports by Anna Teo JOHN Kao is the sort of guy the Singapore government would in its current quest for more idea revolutionaries and innovators pay big bucks for to import and clone by the hundred, if
      ARTHUR LEE  -  1,818 words
    • 421 30 IN today's innovation era, the people who make things happen are the producers yes, the Hollywood types who bring a great script, star talent and lots of money to a collective creative flourish, says John Kao. And movie-making contains some fundamental skills that companies and all businesses
      421 words
  • Page 30 Advertisements
    • 60 30 The movers are Singapore in September for MARTECH 2000 an International^Conference 5 IF MARTECH 2000 Organisers. For anquirias contact: wntty organ,sed by Singapore Maritime Academy and Exhibition Conference Maritime and Port Authority of Singapore Ashok Mulloth 870 6178 DrlvanTam 870 6170 I >■£/*>] Steve Ho *****17 Choo Hock Cheng 772
      60 words

  • Page 31 Advertisements
    • 208 31 Where to wine, dine and entertains |H|^£ HBHHA Roti prata, sashimi, torn yam prawns, drunken chicken or New Zealand Outlands roast sirloin beef. You'll also stand a chance to win two air tickets and hotel stay to New Zealand. Japanese Buffet Lunch $23.90 (Adult), IUO q Euro-Asian Buffet Dinner $24.90
      208 words
    • 64 31 1 lj Ai ynu!Nta V||VJ n HOTSL QRAMD CBMTRAL LMTED II 22 Orchard RowMCwwnagh Rort B>ypwi 2H7 II T«fc 737 M 44 Ext 40QA)2 Fax: 733 3175 7*" A H exfiexience at (Dxe/iaxJ, t/u uuru. team of 3 pioftiiionaf get jL/ together once again to continue out xfxedJ relation pmUMMfil
      64 words
    • 101 31 i '0 ITHE ORIGINAL RECIPEI 0 Crown Prince Hotel Mooncake 12 August 12 September 2000 B H #MM I Bjg* Other retail outlets: Crown Prince Hotel 12 August 12 September Change Alley, Raffles Place 21 August -12 September Century Square, Tampines 25 August -12 September Hougang Mall, Hougang 1 September
      101 words
    • 77 31 IHI HH |f. SET LUNCH. f "GREAT HEIGHTS Create your own set lunch of Continental cuisine with strong French Italian influences. j Mondays to Fridays TOD noon to 2.30pm (last order) Price: $32*f Revolving i Reservations: *****58/88 j Ml H—t Jnm'i 11) Odunl Road. Singapore 2MBb7 M 7)7 4411 Fu:7)2
      77 words
  • Page 31 Miscellaneous
    • 859 31 TVP:I7T. iMfIWMttKttfIMBHMKXMH 130 Judge Judy. Desa. LO2 Business Tonight. 7jOO Touched By An Angel. COO Selera Asean. L3O Inside Story (r). MO AM Kids Central: Sesa- 840 Phua Chu Kang Pte 130 Sajian: Masak Apa?. 2joo Headline Graphics. me Street. Ltd. 7jOO Fikir-Fikir. 242 To 6.00 am: Real time 1100
      859 words
    • 276 31 CTKPTIC CROSSWORD ACROSS 7 Opening of gold providing dia--1 Workshop of party rhetoric (10) monds(7) 6 Idte, large loutish person (4) 8 In which the off is off? (5,5) 9 Japanese military dictator tense 11 Such shoes conspicuous on at heart in such a wedding... Kid? (6,7) (7) 13 Base
      276 words

  • Page 32 Advertisements
    • 993 32 ADVERTISEMENT Profiting From The MULTI ASSET MULTI STYLE MULTI MANAGER™! W Investment Aoorodch I inVC9UIICIH n rr l wt,VM invest achnmng his/her long term finandal goals.^ n' The benefit of having one's money invested by a team investments, one of the managers in the Horizon European This example dearly demonstrates
      993 words

  • SHIPPING TIMES
    • 147 33 Reuters THE Baltic Dry Index (BDI) rose five points to 1,638, the Baltic Panamax Index was seven points higher at 1,594, the Baltic Handy Index was 10 points up to 1,134, and the Baltic Capesize Index was one point higher at 2,197. nMB-cßuurm ♦Ormond ********** dwt 13.4 on
      Reuters  -  147 words
    • 240 33 CWT DMMn ATI -0.01 32 OaanHup OM -OOt 442 C—HHMlmiil HI* wch 10 rnCMLMs a» -a<» jSS!8U==28 oS B4 IMC HoMngt-HK—MO unch 0 Jay llttXngi 0.17 WKh 263 KmMCerp. IN -0.02 169 KappOlFCLS U03 -0.02 M jgBlWhP 0.23 -0.01 4278 2J3 -4X04 m II M unch V Met
      240 words
    • 491 33  -  Wavermasterto make ap to 10 high speed passenger ferries for Berlian By Donald Urquhart [SINGAPORE] Australian fast-ferry maker, Wavemaster International Pty Ltd, has concluded a deal estimated to be worth up to A 537.5 million (5536.75 million) with a local ferry operator for
      491 words
    • 390 33  -  Findings may boost Australia's billion dollar ferry industry From Evelyn Duffy in Perth NOISE and vibration problems in high-speed patrol craft, such as those policing South-east Asia's busy waterways, may soon be a thing of the past as
      390 words
    • 329 33  -  Revenues of tanker, liner division np whopping 483% By Donald Urquhart [SINGAPORE] The AP Moller Group reported much higher mid-year financial results over last year, buoyed it said by the group's North Sea oil and gas activity and the integration of Sea-Land Service Inc
      329 words
    • SHIPPING news
      • 554 34 Reuters [PANAMA CITY] PANAMA is set to inaugurate a US$45 million (Ss77 million) cruiser terminal at the Caribbean entrance to the Panama Canal in October, which backers say will boost annual foreign visits to the Central American nation by half. The Colon 2000 Project
        Reuters; FILE PHOTO  -  554 words
      • PORT Shots
        • 76 34 SHIPPING Corporation of India plans to raise US$ll5 million (Ssl96 million) to buy four 110,000 dwt aframax crude tankers, on order from South Korea's Hyundai Heavy Industries. The state-owned carrier has invited offers from about 20 foreign banks. The last date for the receipt of offers is
          76 words
        • 79 34 PSA Corp's dotcom unit, Portnet.com, has signed an agreement to take its port community system, Portnet, overseas. A joint venture has been formed with the Port of Dalian Authority and Dalian Container Terminal to plan, develop, manage and market the system. The Portnet system, developed by PSA in
          79 words
        • 48 34 P&I mutual insurer the TT Club has become the latest in a long line of firms to launch an online version of its service. TTXpress.com went live this month and aims to provide small to medium sized operators with speedy access to their brokers.
          48 words
        • 53 34 JAPANESE carrier K-Line has revised its current five-year plan because of better economic conditions. It is upwardly revising revenues for the period by 1.6 per cent to US$5.B billion. It is revising profits up 22 per cent to US$3l4 million and is cutting debt from US$3 billion
          53 words
        • 29 34 SALVORS, led by Stolt Offshore and Coflexip Stena, have begun pumping about 6,000 tonnes of remaining heavy fuel oil from the stern section of the Erika.
          29 words
    • 179 34 PAGE OjakLJoyd 8 AO. 6 Oongnama 3 ami 3 Eastrans 6 Accord 8 "I 5 UL J Assets 8 T" Austral 8 Foon,Sun 8 TOU fuhai 7 5 GLinl 4 Gemartrans 6 B'tang Mas H<nqlj 7 CCNI 7 Hanjin 3 CMA 8 Heung-A 4 COSCO 5 Hyundai
      179 words
    • 18720 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voy age Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 16/09 06/10 COSCO ELBE BRIDGE J037W 65 *****00 To ABIDJAN (ABJ) 2003 Cote D'lvoire 17/09 OS/W Evergreen LT UNITED 0060-042*
      18,720 words
    • SHIPS IN PORT
      • 752 45 VtsMl Voy No Berth Arrival Departure Twuai 3* IS 28/08/7:05 28/08/23:00 grit oo 1 13/008 J07 28/08/8:05 28/08/17:00 81 f-frrw ***** JOI 28/08/8:40 28/08/20:00 T« Jotor M V2013r JOS 28/08/8:20 29/06/6:00 jinn Yang 6200 J12 28/08/7:30 30/08/tt:00 Winstar 1 84S00 J03 28/06/7:20 28/08/23:59 BayswatertlS H0211 J02 28/08/9:10 28/08/1600
        752 words
      • 1938 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/Btlanct Rstls SWp Voy No Etb/Btr PtrtoJ Frow To From ACTUAR1A 07*004 30/23-00 IT/HOO 27/1*54 27/1100 U 27/I7M 20/0*54 20/04M 2t 27/1700 20/0*54 20/04M 20/0700 20/1154 20/MM 4 20/1200 20/MM 20/1700 AO MMUA 0250 24/23*0 27/H00 27/BM 27/I4M M 27/1700
        1,938 words
      • 168 45 AoffSl Malaysia: National Day. Sep 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival. Sep 13 Hong Kong: The day following Mid-Autumn Festival. Sep 15 Japan: Respect for the Aged. Sep 23 Japan: Autumnal Equinox Day. Oct 1 China: National Day. Oct 2 Hong Kong: The day following National
        168 words
      • 787 45 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        787 words
      • 471 45 Carton WO Max 990.1 OA *1 0.08 79 0.05 Ant 24 Density Water Residue Art Aluminium Sediment Ho abow E25 0 0 4 0 0 0 380 Aw 987Jb OA 13.2 0.07 35 0.03 Um. 380 Mai 997J 6.9 17.4 0.17 73 0.07 MAT} M/w %m/m
        471 words
    • AIR & LAND transport
      • 412 46 Reuters [ANCHORAGE, Alaska] Northwest Airlines is hoping to strike an air cargo alliance with Air China, a tie-up that would help China's air cargo industry grow, said Northwest vice-president and general manager cargo Jim Friedel. He was speaking at last week's World Air
        Reuters  -  412 words
      • LOG Book
        • 85 46 AFP [FRANKFURT] German airline Lufthansa is considering taking a stake in a low-cost airline, board member Ralf Tecken trup was quoted as saying in the financial daily Handelsblatt A cooperation on its own would make no sense, Mr Teckentrup told the newspaper. "It would be
          AFP  -  85 words
        • 87 46 Reuters [HANOI] Japan Airlines Co said it would start direct flights between Tokyo and Vietnam's commercial hub Ho Chi Minh City from Nov 2. An official of the airline said JAL would fly twice a week between Tokyo's Narita Airport and Tan
          Reuters  -  87 words
        • 113 46 Reuters [HONGKONG] China Southern Airlines said it was augmenting its air cargo service between Chicago and Shenzhen in south China by adding a trucking link from New York. In order to make China Southern Airlines' three weekly Boeing 747-400 flights from Chicago, shipments need
          Reuters  -  113 words
      • 416 46 Japanese discount carrier plans more airfare cnts Bloomberg [TOKYO] Skymark Airlines Co, Japan's first discount carrier, said it is in talks with three Asian airlines about tie-ups on airport facilities as it readies to start international flights. Skymark wants access to ground-handling
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      • 333 46 nnrucusß Bahrain's aviation authority expects preliminary report by this week Bloomberg [MANAMA, Bahrain] Gulf Air said investigators have ruled out an explosion or a fire as the cause of the crash of Flight GFO72, which came down off Bahrain last Wednesday, killing
        Bloomberg; AFP  -  333 words
      • 307 46 AFP [BEIJING] Chinese airlines' hopes of posting profits this year have been "smashed" because of high prices charged by the country's only supplier of jet fuel, state media reported. China Aviation Oil Supply Corp has come under fire from airlines
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