The Business Times, 15 September 2000

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Microfilm: NL21913
Total Pages: 64
1 64 The Business Times
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  • Title Section
    Lock icon Masthead
    15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE Internet. http://business-times.asial .com.sg/ FRIDAY, SEPTEMBER 15, 2000
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  • Article
    Lock icon MARKET SUMMARY
    75 1 sn 2,077.02 (-5.07) BT-SRI ***** (-3.65) ST INDEX FUTURES 2,07(100 (-17.00) SMSCI FUTURES 268.70 (-2.40) STOCK MARKET INDICES Thursday Change KLSE COMP 747.17 +110 NIKKEI m *****28 +2176 HANG SENG *****43 ***** SET INDEX 287.21 -334 JAKABTACOMP —dosed MANILA COMP 1,450.15 59.25 TAIPEI WPI 7,***** ***** SEOUL COMP
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  • Article
    Lock icon FINANCE
    73 1 FOREX KATES us$ ss USS 1.742 £(US$/S$ per 1.407 2.462 EURO(lJS&S$/E) 0859 1.496 DM 2378 1.308 YEN 1075 6150 RM 1800 2.181 HK$ 7.798 4.477 BAHT 41.75 23.96 RUP1AH 8.625 4,951 PRIME KATES SINGAPORE* 5.80 KUALA LUMPUR 7 .67 JAKARTA .39.00 BANGKOK 9.50 MANILA 1100 HONGKONG 8.50 TAIPEI 7.84
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  • Article, Illustration
    Lock icon If we erred with $2b, it's on side of caution: IDA consultant
    1066 1  -  Deloitte Consulting also discloses some of the assumptions used in compensation Byl Teh Hooi Ling [SINGAPORE] Deloitte Consulting, the consultant to Infocomm Development Authority (IDA), yesterday said that if it had erred in arriving at the $2 billion
    Source: IDA Singapore  -  1,066 words
  • Article
    Lock icon Deutsche Post set to take over DHL within 2 weeks?
    321 1  -  German postal giant said to have agreed to transactions valuing DHL at USsl9b By David Boey [SINGAPORE] German postal giant, Deutsche Post, is said to be poised to take over DHL Worldwide, the world's biggest international air express company, within
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  • Article
    Lock icon M'sia to renew bumiputra policy for 10 years: report
    453 1  -  Plan will be tabled by Mahathir at next Parliament sitting From Eddie Toh in Kuala Lumpur MALAYSIA will renew its bumiputra policy the affirmative action programme to help indigenous Malays for another 10 years when the second plan expires later this
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      Lock icon Page 1 Advertisements Column 1
      107 1 DfSmE Oil crisis Opec expects oil to soar to US$4O this winter.Next Page -fell <4 Rising oil prices to cost Asian govts USs27b. Pg 24 KL swimming in oil politics. Pg 24 Bottomline: Write off Opec again at your own peril, Pg 14 Chase, J P Morgan merger SM Lee:
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      27 1 JAL mulls over sale of its DHL stake to Deutsche Post, Shipping Times Pg 16 Shareholders vote to OUSt LSE O chief for botching iX exchange plan
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      Lock icon Page 1 Advertisements Column 3
      115 1 SPA WAR I I > Executive Lifestyle, EL 1 ILPs Go in with eyes wide open Executive Money, EM fjg 12 Mora reports Commentary: A step to greater transparency Benefits far outweigh $I.94bpayout: IDA, Pg 4 M W H t hUE The movement I.U.C mfFm I SIN(iAtt)RK: Chopard Routique. 435
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  • NEXT page
    • ON THE grapevine
      • Article
        Lock icon Fast-paced world of telecoms
        77 2 ON Monday the Info-Communications Development Authority declined reporters' requests to provide details of how it computed the $1.9 billion compensation to Singapore Telecom and Star Hub, on the grounds that doing so would involve disclosing sensitive information about the two telecom operators. Yesterday, it turned around
        77 words
      • Article
        Lock icon Property developers over the moon
        128 2 WITH the start of the eighth month in the Chinese calendar, property developers are getting into the act of celebrating the mooncake festival. First Capital Corporation had a garden party last Thursday and Friday for the soft launch of its Gardens at Bishan condominium, with
        128 words
      • Article
        Lock icon ADIA cashes out of Amcorp
        130 2 ABU Dhabi Investment Authority (ADIA) has cashed out of Arab-Malaysian Corporation (Amcorp) despite its 'Arab* connection. ADIA the investment arm of the United Arab Emirates has disposed 0f280,000 shares in Amcorp. As a result, it has ceased to b£,a substantial shareholder of the listed vehicle
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    • Article
      Lock icon Opec expects oil to soar to US$40 this winter
      546 2 Consuming countries' taxes also contribute to higher prices [CARACAS] Opec president Ali Rodriguez said oil prices could soar to US$4O a barrel this winter as speculators pressure demand. Mr Rodriguez, who doubles as Venezuela's Energy Minister, said world oil prices could
      546 words
    • Article
      Lock icon Iraq to stop Kuwait from 'sabotaging' oilfields
      135 2 Reuters [BAGHDAD] Iraq, resurrecting an old complaint against Kuwait, said yesterday it would take unspecified measures against its smaller neighbour to stop what it called sabotage and theft of Baghdad's oil. Oil Minister Amir Muhammed Rasheed, who is also an Iraqi armed forces
      Reuters  -  135 words
    • Article, Illustration
      Lock icon SM Lee gives thumbs up to merger of JP Morgan, Chase
      677 2  -  It is 'obviously in the interest' of the 2 US financial houses Byi Chuang Peck Ming [SINGAPORE] Senior Minister Lee Kuan Yew, who sits on the international advisory board of JP Morgan Co, said yesterday Chase Manhattan Corporation's US$34
      CHRIS LOH  -  677 words
    • Article, Illustration
      Lock icon Managers in Singapore allay staff anxiety
      791 2  -  They say the two cultures can blend well without hitches Ity I Siow Li Sen [SINGAPORE] Senior manag ers at the local offices of Chase Manhattan and J P Morgan yesterday allayed anxiety among their staff, pointing to the growth opportunities from combining the
      Photos CHRIS LOH  -  791 words
    • Article, Illustration
      Lock icon Correction
      36 2 OUR Page 2 article yesterday on the appointment of Lim Yong Wah asGRA Singapore's non-executive chairman was accompanied by a wrong photograph. Here is the correct photo of Mr Lim. We apologise for the error.
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  • SINGAPORE companies
    • Article, Illustration
      Lock icon US fund managers sold on US stocks: survey
      548 3  -  In Asia-Pacific, fond managers are overweighting HE, S'pore, China By' Wong Wei Kong AMERICAN fund managers are bringing their money home on the view the US Federal Reserve has delivered a soft landing, a Merrill Lynch global fund management survey has found.
      FILE PHOTOS  -  548 words
    • Article
      Lock icon Share of corporate debt in feed income market to rise
      390 3  -  By 2010, corporates will account for 61% of market: Lehman By I Serena Ng GLOBAL corporate debt is expected to account for a rising share of outstanding fixed income instruments, hitting 61 per cent in 2010, from 48 per cent
      390 words
    • Article
      Lock icon Fredriksen 'solid' investor, says Osprey Maritime
      223 3 Bloomberg OSPREY Maritime Ltd welcomes John Fredriksen, its newest and largest shareholder, as a "solid" investor and says he's given no indication he plans to take over the Singapore-based oil and gas transport company. World Shipholding Ltd, a company owned by Fredriksen, a Norwegian
      Bloomberg  -  223 words
    • Article
      Lock icon Wing Tai seen returning to profitability with $35-63m gain
      378 7 Analysts cite contributions from HE waterfront project, writebacks AFXAsia WING Tai Holdings Ltd is expected to report next week a year to June net profit before extraordinaries of $35-63 million after a net loss before extraordinaries of $124 million the previous
      AFX- Asia  -  378 words
    • Article
      Lock icon Associate stake in telco a key factor for govt to review
      733 7  -  HockimmMui paul thompson MANAGING change is like changing a flat tyre while a car is still moving, participants heard at a recent New Economy survival seminar hosted by the Productivity Standards Board and Hewitt Associates. That being the case,
      733 words
    • Article, Illustration
      Lock icon New chief for DBS personal banking
      225 7 DBS Bank has appointed former Standard Chartered consumer banking executive TK Chan to the new post of man aging director of its personal banking group. DBS said in a statement yesterday Mr Chan will lead the development of business strategy and planning and the
      225 words
    • Article
      Lock icon Pacific Carrier interim profit up 2% to $21.7m
      428 8  -  It expects performance in 2nd half to be 'considerably better' By\ Kalpana Rashiwala ROBERT Kuok's Pacific Carriers Ltd's first-half group net profit edged up 2 per cent to $21.7 million on the back of a 25 per cent improvement in turnover to
      428 words
    • Article, Illustration
      Lock icon Ban Joo earnings up 24%
      340 8  -  East Asia markets account for more than half of sales By Tay Hong Seng MAINBOARD-LISTED textile trader Ban Joo Company has reported a 24 per cent profit rise to $6.8 million for the financial year to June 30 on a 43 per cent higher turnover
      FILE PHOTO  -  340 words
    • Article
      Lock icon Hersing reports sharply lower interim profit
      312 8 THE drop in HDB resale transactions battered the first-half earnings of Hersing Corporation, the holding company for ERA Realty Network. It reported a 77.1 per cent drop in group net profit to $695,000 for the six months ended June 30 and said it does
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    • Article
      Lock icon ASTI revenue to jump by over 50% this year: CEO
      462 8 Reuters SEMICONDUCTOR equipment maker ASTI Holdings Ltd expects more than a 50 per cent jump in revenue this year due to strong demand for its equipment and services, chief executive officer Charles Cher said. "Relative to last year, we'll do
      Reuters  -  462 words
    • COMPANYBriefs
      • Article
        Lock icon Cash for fractional shares in JIT deal
        62 8 FLEXTRONICS International and JIT Holdings are to pay cash to holders of fractional shares after the merger of the two companies have taken effect, the companies said yesterday. The decision was made after consultation with auditors who said no tax implications will arise
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      • Article
        Lock icon F&N seeks mandate for share buyback
        49 8 AFX Asia FRASER Neave is seeking a mandate to buy back up to 5 per cent of its issued capital, equivalent to a maximum of 14.913 million shares. The share buyback scheme will be voted on at an EGM on Oct 4. —AFX-Asia
        AFX Asia  -  49 words
      • Article
        Lock icon PK Tech lifts earnings by 14%
        69 8 PK Tech International yesterday posted a 14 per cent increase in net profit to $2.8 million on turnover of $10.4 million for the year ended June due to a growth in licence revenues. Earnings per share stood at 2.69 cents, up from 2.51 cents
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      • Article
        Lock icon Jadason interim gain up 16.8%
        70 8 Jadason Enterprises yesterday said its net profit rose 16.8 per cent to $3.9 million on revenues of $59.3 million for the six months ended June boosted by the strength of the printed circuit board industry. Earnings per share increased to 0.8 cents from 0.7 cents
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      • Article
        Lock icon Tastyfood loses more money in H1
        81 8 TASTYFOOD Holdings interim losses widened to $1.9 million from $224,000 due to keen competition in China which led to lower sales for the six months ended June. Turnover fell 27 per cent to $6.96 million while loss per share stood at 1.593 cents against
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      407 3 ji®' Pacific economies have recovered The entrance of China into the The Fund invests directly into the five since the Asian crisis. Growing World Trade Organisation will raise star rated** Luxembourg registered foreign trade and investment; Asia's profile within the global Henderson Horizon Pacific Fund, which increasing M&A activities and
      407 words
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  • TELECOMS payout
    • Article
      Lock icon A step towards greater transparency
      709 4  -  Deloitte's methodology not in dispute but payout is ultimately a political decision, says Catherine ong CATHERINE ONG MUMTAZ Ahmed, the New York-based consultant to the Infocomm Development Authority (IDA), could be heard but not seen yesterday, literally. The video conference that the IDA had arranged
      709 words
    • Article, Illustration
      Lock icon Benefits far outweigh $1.94b payout: IDA
      728 4  -  Gains of faster liberalisation seem to have been overlooked, says CEO By\ Paul Thompson THE $1.94 billion compensation package to Sing Tel and Star Hub, which comes from the public purse and therefore the taxpayer, will be more than outweighed by the benefits from
      CHRIS LOH  -  728 words
    • Article, Illustration
      Lock icon The $2 billion formula
      426 4 To establish the values of SingTel and StarHub, Deloitte first estimates the market size, the market shares of the two players, and the prices of the services for the next 10 years. From there, the expected revenues are derived. Costs are then deducted to yield the
      Sourer. Dttottti Contuttfog .  -  426 words
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      66 5 05creativity f^P^ 4, jaßiffe iXt Hs? .ii tir dßßPffi" fiiraTT** tt riHßtlfflij assmk, fggSm-^. »^yrXj^r. siill^ <Jl Br> 3jß Ii fin irf* Jjjt. *^HE^E£7 Ife&j 1 b «flr iy 4 Pi g". Jl j^i Hp v Bn w iWlii' i >i i i»i *mk Tiff ~4fe B^U w.i., V' l
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  • SINGAORE markets
    • Article
      Lock icon Untitled
      518 6 Stocks Volume SingTel 15c 7.845.000 TT Int 15c 7.756.000 Eastern Asia 7,354,000 PacCent ML CW*****5 6.341.000 Chart Semiconductor 26c 5,836.000 Liang Huat 10c 5.498.000 IPC020C 5.435,000 SembCorpI 25c 4,925.000 Federal Int 20c 4.569,000 KepHttachi Z 20c 3.892,000 Stock* Chart Semiconductor 26c 71.877,262 DBSGrp 31,685,261 SIA 26,252,334 SingTel 15c 22,145,560 PacificCentury
      518 words
    • Article, Illustration
      Lock icon STI suffers 8th straight fall in year's longest losing streak
      532 6  -  STOCKS ven sreenivasan ONCE again the Singapore stock market started on a positive note before sliding back into negative territory as liquidity dried up. Traders said even the bombing of the Jakarta Stock Exchange on Wednesday which would normally have
      532 words
    • Article, Illustration
      Lock icon DB's SIA wrt offers low absolute price, high gearing
      181 6  -  WARRANT WATCH Ryy Ven Sreenivasan THE covered warrant issued by Deutsche Bank on Singapore Airlines bounced off its low yesterday, rising a cent to 8.5 cents. But this is still a long way down from its January 14 high of 72
      181 words
    • Article, Illustration
      Lock icon F&N's New Economy move raises interest
      225 6  -  HOT STOCK Ven Sreenivasan THE stock of beverage maker Eraser Neave bounced back from key support level yesterday, gaining 20 cents to $6.20. A total of 435,000 shares changed hands more than double the 10-day average of about 200,000. But the stock is still
      225 words
    • Article
      Lock icon Market Notices
      171 6 ♦FIRST Engineering Ltd is going ex-dividend (final dividend of 0.30 cent tax exempt) on Oct 6. Last day for buying-in on a cum basis is on Oct 11. Date payable is on Oct 24. ♦GP Batteries will hold its AGM on Sept 26 at 10.30 am, Shangri-La Hotel,
      171 words
    • Article, Illustration
      Lock icon A$ hits new lows as other currencies enjoy a breather
      494 6  -  CURRENCIES larry wee EXCEPT for the Australian dollar, many currencies which have been heavily sold recently enjoyed a breather of sorts yesterday, but trading conditions remain jittery. Although few think the euro can turn around even in the unlikely event
      494 words
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      Lock icon Page 6 Advertisements Column 1
      919 6 SING LUN HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 30 December 1999) INVITATION IN RESPECT OF 60,000,000 NEW SHARES OF $0.10 EACH COMPRISING:* (1) 15,000,000 OFFER SHARES AT $0.29 EACH BY WAY OF PUBLIC OFFER; AND (2) 45,000,000 PLACEMENT SHARES BY WAY OF PLACEMENT, COMPRISING:(I) 39,000,000 PLACEMENT SHARES
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      Lock icon Page 6 Advertisements Column 2
      44 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must read the prospects The value of the units and the income from them may fall as well as rise ©IXSSBANK
      44 words
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      250 7 J'oa/ Lj<xuA/ next/ meeting/, keve/s/ ujJiai/ to/ puck/ itv ike/ itxiejea&e/. 20% DISCOUNT* ON CORPORATE PACKAGES Straits of Malacca Cruises Sailing Datts I Weekend Getaway Cruise 6A 2* Oct. 3 N«r *M k y Port Dicfcaon/Port Klang Cruise 11 &25 Oct, 1 Na* *M Pfcaket/Laugkawt Cruise STRAITS OF MALACCA CRUISES
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      1396 8 THAKRAL CORPORATION LTD (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of the Company will be held on 29 September 2000. Friday, at 11.30 am in Connaught Room. Level 2, Grand Pla/a Parkroyal, 10 Coleman Street. Singapore
      1,396 words
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      21 8 $3w Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CATJ& Another Classified Service
      21 words
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  • SINGAPORE news
    • Article
      Lock icon Incepta takes majority stake in design company Su Yeang
      368 9  -  London-listed firm pays undisclosed sum; it acquired i.Mage last year Reports byi Corinne Kerk A YEAR ago, it bought over homegrown firm, i.Mage Public Relations. Yesterday, international communications group, Incepta, continued on its aggressive expansion path by acquiring a majority stake
      368 words
    • Article, Illustration
      Lock icon SYD: building a brandname thanks to designing ways
      856 9 Su Yeang Design's founder helps clients build identities WHEN she's in a hurry, Su Yeang literally dashes from one room to another in her Amoy Street shophouse office quite unlike corporate ladies who would never be caught dead looking anything less than
      ARTHUR LEE  -  856 words
    • Article, Illustration
      Lock icon SIA and Amex launch joint credit card
      325 9 SINGAPORE Airlines and American Express yesterday launched a co-branded credit card in four Asian countries. The card, the first such tie-up for the national air carrier, is called the American Express Singapore Airlines KrisFlyer credit card. KrisFlyer is SlA's fre quent flyer programme
      CHRIS LOH  -  325 words
    • Article, Illustration
      Lock icon Cold Storage replacing Sogo at Paragon, say sources
      284 9 MEBBa BELEAGUERED Japanese retailer Sogo will shut its supermarket in the basement of Paragon at the end of this month and taking over its place will be the Cold Storage chain, sources say. This will be another achievement for the chain, owned
      FILE PHOTO  -  284 words
    • Article
      Lock icon SIA CEO appointed NUS council head
      196 9 THE National University of Singapore (NUS) has appointed Singapore Airlines chief executive officer Cheong Choong Kong as the chairman of its eleventh council, the university said yesterday. President of East West Engineering Consultants, Kog Yue Choong, was elected deputy chairman. The new council includes
      196 words
    • Article, Illustration
      Lock icon War: OCBC set to unveil new home loan package today
      356 10  -  All eyes on how it might improve its 5-year fixed rates; banks trying to maintain market share Siow Li Sen OCBC is poised to enter the housing loan war. The bank the only mortgage provider with a fixed five-year rate
      FILE PHOTO  -  356 words
    • Article
      Lock icon MCL-Ho Bee tie-up makes top bid for Hougang sites
      422 10  -  It made a bid of $220 m for two adjoining plots liy, Andrea Tan AN MCL-Ho Bee Developments joint venture yesterday emerged as top bidder for two 99-year leasehold sites at Hougang. Joining forces for the first time, the pair bid
      422 words
    • Article
      Lock icon UOB, China bank sign MOU on co-operation
      162 10 UNITED Overseas Bank has signed a memorandum of understanding with China's Bank of Communications to collaborate on business opportunities. UOB said in a statement yesterday the two banks would share market information and co-operate on new openings in areas such as loans, trade
      162 words
    • Article, Illustration
      Lock icon Job ads extend rise to 18 months
      292 10  -  CWon the economy jobs By\ Marissa Chew THE volume of job advertisements in newspapers climbed 53 per cent in August, as the economy and businesses continued to expand. The volume of job ads has been on the rise for 18 months now. It
      Source: SPH  -  292 words
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      Lock icon Page 9 Advertisements Column 1
      36 9 r 1 ''ffrgir 1 -r Don t miss the latest line of Taylor Made golf equipment and accessories Drop into the adidas Concept Shop at the City Link Mall, basement level 1 unit 25/27 Taylor \/Made
      36 words
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      506 10 ADVERTISEMENT With Lightframe technology, Philips' monitors are more than I just Real Flat. Lightframe' for revolutionary B 2 y l e dlX h vinpn pnhnnrpmant natural by a third! ughtFrame IWww w 1111vl 11V w 111W111 VIEWING Flat monitor, straight Now you can reduce Philips Real Flat lines are really
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      128 10 Since 1975 our worldwide staff of over HPT 275 multi-disciplined professionals hfti W V including lawyers, chartered accountants t ah chartered secretaries and bankers have Bp J 1 1 provided confidential and cost effective company formation in all the major low j 4/jjKJr taX 3reaS Incorporation Fees from USSSOO The
      128 words
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      124 11 The new E2OO Kompressor. Supercharged. Once again, Mercedes-Benz is making waves. While the E2OO was capable from as low as 2,500rpm, for awesome pulling power. In fact, the only of 136 hp previously, the new generation E2OO Kompressor has a super- thing that can hold this power in check is
      124 words
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  • LKY memoirs
    • Article, Illustration
      Lock icon The rise of S'pore as a financial hub
      3835 12 The following are extracts from Volume 2 of Senior Minister Lee Kuan Yew's memoirs, From Third World To Mrs/. The extracts are from the chapter, Creating a Financial Centre ANYONE who predicted in 1965 when we separated from Malaysia that Singapore would
      FILE PHOTO  -  3,835 words
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  • MAIL bag
    • Article, Illustration
      Lock icon HDB should take over resale flat transactions
      135 13  -  Lim Kok Leong Singapore, via Internet I REFER to your column "HDB can do more with its resale flat website" (BT, Sept 12). I fully agree with your columnist's comments. HDB, being a public housing agency, should take over the buying and selling
      FILE PHOTO  -  135 words
    • Article
      Lock icon Let's do it, HDB
      78 13  -  Carol Teo Chiu Kim Singapore via Internet I REFER to your column "HDB can do more with its resale flat website" (BT, Sept 12). I am all for the idea proposed the creation of a real-time website. Imagine having to pay between $2,000 and $3,000 for
      78 words
    • Article
      Lock icon Have a heart! Don't cut agents' lifeline
      86 13  -  Lawrence Yeo Singapore via Internet I REFER to the article "HDB can do more with its resale flat website" (BT, Sept 12). One has to be sympathetic to the agents. If this is their lifeline, is it fair to take it away from
      86 words
    • Article
      Lock icon 'Pte Ltd' firms merit audit exemption
      338 13  -  Chu Choon Pang Singapore I READ with interest the current development on audit exemption. Two questions come to my mind. Firstly, why do we need auditing? And secondly, whom do we report to after an audit? In my opinion, we need auditing because there
      338 words
    • Article
      Lock icon Short-selling eliminates bias towards buyers
      188 13  -  Lai Hock Meng Singapore via Internet I REFER to the letter "Allowing short-selling a serious flaw in SGX system" (Mailbag, Sept 13) by David Ho. There is very little the Singapore Exchange can do to prevent short-selling. An investor can also borrow shares from custodian
      188 words
    • Article
      Lock icon All-encompassing consent unnecessary
      345 13  -  James Nicholas Shirlaw Singapore via Internet I REFER to your Hock Lock Siew column "Banks need to take hard look at existing control structures" (BT, Sept 12), discussing a speech by John Olds early this year and in particular the need for integrity of banking staff. I
      345 words
    • Article
      Lock icon Banking riskier with advent of e-commerce
      195 13  -  Dr I A Rashid Vancouver, Canada via Internet I REFER to the article "Banks need to take hard look at existing control structures" (BT, Sept 12). Every decade or so when economies go into a tailspin, banks everywhere will be saddled with bad debts.
      195 words
    • Article
      Lock icon Time for Malaysia to review capital control policy
      119 13  -  Eric Ang Teck Sin Singapore via Internet LOTS of financial analysts are predicting the Kuala Lumpur Stock Exchange (KLSE) could reach 1,200 points before end-2000. Even Malaysia's deputy finance minister has confidently pointed out it will hit 1,000 points in three months'
      119 words
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      257 13 We we/come letters. E-mwl us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore *****5. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in mind
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      Lock icon Page 13 Advertisements Column 2
      87 13 We can add more drive to your corporate gifts. < «f A V With our excellent selection of balls, your clients will be glad to take them all over the course. Print your company's name and logo on renowned brands like Titleist, Pinnacle, Tour Special, Strata, Top Flite and more.
      87 words
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Write off Opec again at your own peril
      787 14  -  pi!!=l bottom line OPINION g panicker The writer is a BT journalist WITH the oil-consuming world so focused on high petrol pump prices just now, it is easy to overlook what Opec has achieved in a short span of time. In just
      787 words
    • Article
      Lock icon IN OTHER WORDS
      118 14 They have not embarrassed me alone. They have embarrassed our entire nation and each of its citizens.' James Parker a US district judge, on the conduct of AttorneyGeneral,Janet Reno, Energy Secretary Rill Richardson and senior Clinton White House officials for what he called a questionable indictment of
      118 words
    • Article
      Lock icon Let the big-money Games begin
      650 14 EDITORIAL THE organisers may crow about how Sydney's Olympic Games may be bigger and better than ever, but turning the quadrennial event into big business has only meant it has become less representative than ever. For the record, the numbers are mind-boggling. A total of
      650 words
    • Article, Illustration
      Lock icon Closer ties with India is good business for US
      868 14  -  PM Vajpayee's visit to Washington this week another step in fostering dialogue between the nations By 1 Leon Hadar The writer is BT's Washington correspondent REFLECTING the expanding ties between India and the United States, India's Prime Minister Atal Behari Vajpayee
      AFP  -  868 words
    • Article, Illustration
      Lock icon The rise and fall of Meriwether's empire
      1038 14  -  COMMENTARY By< Caroline Baum Bloomberg TWO years after hedge fund Long-Term Capital Management (LTCM) rocked the financial world with US$4 billion (556.9 billion) of losses, prompting the US Federal Reserve to orchestrate a privatesector bailout, the saga of LTCM is back, courtesy of
      Bloomberg  -  1,038 words
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  • MALAYSIA news
    • Article
      Lock icon Genting group debt to expand to RM1.3-1.4b
      383 15 KUALA LUMPUR Company to borrow to finance the USs4Bom cost of Star Cruises shares AFX Asia GENTING group's debt will expand to RMI.3-1.4 billion (*****.3-641.5 million) as a result of unit Resorts World Bhd's acquisition of a stake in Star Cruises, the Malaysian
      AFX Asia  -  383 words
    • Article, Illustration
      Lock icon Proton to raise output by 30% by year's end
      319 15 KUALA LUMPUR Bloomberg PERUSAHAAN Otomobil Nasional Bhd (Proton), Malaysia's biggest carmaker, said it plans to boost annual production by 30 per cent to 230,000 units by the end of 2000, after sales of its first locally designed car topped expectations. "We
      Bloomberg; THE STAR  -  319 words
    • MARKET moves
      • Article
        Lock icon Tenaga up in second day of gains
        54 15 MALAYSIA'S largest companies by market value rose as investors deemed their recent declines overdone. Among them, Tenaga Nasional Bhd rose 10 sen, or 0.9 per cent, to RM 11.60, its second day of gains. The stock fell 9.6 per cent in the first
        54 words
      • Article
        Lock icon Time Engineering closes lower
        39 15 TIME Engineering Bhd, manager of Malaysia's longest fibre optic network, fell 10 sen, or 2.8 per cent, to RM3.48 after it said its still in negotiations with potential foreign partners and hasn't reached any agreement.
        39 words
      • Article
        Lock icon Petaling Tin higher on casino plans
        44 15 Compiled from Bloomberg PETALING Tin Bhd gained 13 sen, or 12.6 per cent, to RM1.16 after it unveiled plans to buy 80 per cent of a casino business in Cambodia from its chairman for RMI.3 billion (*****.7 million).
        Compiled from Bloomberg  -  44 words
    • Article
      Lock icon Dyna Plastics hopes to bag OEM deal soon
      353 15  -  Success would mean fatter profit-share for Gamnda From Diana Oon Abdullah in Kuala Lumpur DYNA Plastics, an associate of construction-based Gamuda Holdings, hopes to land a contract to bo an original equipment manufacturer (OEM) by early next year, Gamuda managing director Lin
      353 words
    • Article
      Lock icon More troops in Sabah to deter kidnappers
      205 15 KUALA LUMPUR Reuters MALAYSIA will deploy more soldiers in Sabah state on the island of Borneo after Philippine kidnappers this week raided a tourist resort for a second time, Defence Minister Najib Razak said yesterday. The national Bernama news agency quoted Mr Najib
      Reuters  -  205 words
    • Article, Illustration
      Lock icon Anwar seeks permission to visit ailing mother
      218 15 KUALA LUMPUR AP JAILED politician Anwar Ibrahim has appealed to prison authorities to release him for a day to visit his seriously ill mother in hospital, defence attorneys and opposition leaders said yesterday. The former deputy prime minister, who is serving 15 years
      AP; REUTERS  -  218 words
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      107 15 ■'••I 'i.!• I'M--in h.l vv.1..1.-■ ri...ri..iDDii. PORSCHE DESIGN A«»tL« it i y. |)|S(.) CORTINA WATCH CENTRE PTE LTD M,". W.,11 DELUXE EASTERN WATCH PTE LTD DICKSON WATCH A JEWELLERY v n.,H {/> I;* I 11.. IV CASSAN WATCHES PRFC.IOUS TIME I*l* mi.' i ROY EASTERN WATCH PTE LTD 1... I.
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      102 15 TINNHTf i i i Office-Like Warehouse in MacPherson FREEHOLD Unit size 1.119 2.540 sq ft Strategic location surrounded by amenities and ready workforce Easy access to PIE. CBD Grand lift lobby adorned with polished granite Separate passenger and cargo lifts Virtually column free layout Self-contained with attached toilets for all
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      249 16 I IH Dim I Ml l «W*~ <.«»Ml'\\^ Wk-- 'M Mill XI kOX £flrv.- j.. 4 \it Mjj (>ti«* iv<*«« «V- 1 k S A« I digital colour sheet^^^^ss I 1 1 j K» ',-i --W" TOrMnl' *!"?s"'s* V- '^^R- s^lii Catch the DocuColor 2060 launch and discover the new
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  • SOUTH east asia
    • Article, Illustration
      Lock icon JSE building closed after blast
      522 17  -  Security forces clash with pro-Snharto demonstrators as former president fails to appear in court to hear charges hYom Shoeb Kagda in Jakarta THE Jakarta Stock Exchange building was yesterday shuttered following a powerful car-bomb blast which rocked the building on Wednesday, while out in the
      REUTERS  -  522 words
    • Article
      Lock icon Manila Budget exceeds this year's deficit target in Aug
      504 17 MANILA Shortfall widens by 17% to nearly 70b pesos Bloomberg THE Philippines exceeded its Budget deficit target for this year in August, adding to a litany of economic woes including the low peso, high interest rates and one of Asia's slowest
      Bloomberg  -  504 words
    • Article
      Lock icon Let's keep the cane: Thai teachers
      172 17 AFP [BANGKOK] Thai teachers are up in arms against a proposed ban on caning, reports said yesterday. Secondary school teachers have demanded a public hearing on the announced Nov l ban on corporal punishment, The Nation reported yesterday. The ban announced on Tuesday by
      AFP  -  172 words
    • Article
      Lock icon Bangkok Bank cuts lending rates
      227 17 BANGKOK Bloomberg BANGKOK Bank Pel, Thailand's largest bank, said it will cut its prime lending rates by 25 basis points to the lowest level in the country to boost new lending. The rate cut came a day after the central bank asked all local banks
      Bloomberg  -  227 words
    • Article
      Lock icon Baht at its lowest in 2 years; set to test 42 per US$
      460 17 BANGKOK Poor sentiment on regionals, political woes the causes Reuters THE Thai baht dropped to its lowest levels in more than two years yesterday and looked set to test 42 to the US dollar, hit by bearish
      Reuters  -  460 words
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      31 17 g BEYOND THE STYLE, THE EMOTION I IH ■CP If Jjjjj? fl yj PIAGET ALTIPLANO %mk '«»•>» 4 r. 18K YEUOW 0010. PIAOFTS OWN ZV^Z'^Z MECHANICAL OR QUARTZ MOVEMENT GENEVE 1874 jUgMßMUßiiMMiiii—ii—
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      80 18 Pierce Brosnan's Choice >v^jMSrF SWK?^ r^w> >•„%• j!T; |^BK* ™jw t %i IPi '< V -l T a I fQ kWI I ft fliw i^ar^L i Li JP ulmmmeS v \U> w/ fMM New Seamaster Professional Automatic chronometer. Water-resistant to 300m/1000ft. Ref. no: 2254.50.00 o OMEGA www.omegawatches.com Main Service Centre:
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  • e-NEWS
    • Article
      Lock icon Microsoft launches new Windows for home users
      588 19 SEATTLE Latest version comes with new tools even as the firm appeals against court verdict on bundling Reuters MICROSOFT Corp yesterday formally launched the latest version of its Windows operating system for home users, and by stuffing the software with new music, movie
      Reuters  -  588 words
    • Article, Illustration
      Lock icon US carriers take slow boat to in-flight Net
      488 19 NEW YORK Reuters IN-FLIGHT Internet and e-mail are inching closer to fruition on commercial airline flights, but US airlines remain cautious as they investigate the array of companies seeking to provide such services. "On board e-mail and Internet capability is inevitable for
      Reuters; FILE PHOTO  -  488 words
    • Article
      Lock icon Net users' behaviour conflicts with privacy fears: report
      248 19 NEWYORK Reuters NEARLY all Internet users say they are concerned about privacy online but despite those fears nearly two-thirds of Web surfers have transmitted such highly personal information as a credit card number, a study released on Wednesday said. The study, published
      Reuters  -  248 words
    • Article
      Lock icon Brit Tel Web hosting arm Ignite opens for business
      432 20 LONDON It plans to develop 44 Internet hnbs over the next 3 years Reuters BRITISH Telecommunications Pic (BT) yesterday took its first step towards building a £1.25 billion (553.06 billion) global chain of Internet "hotels", brushing off concerns that it is
      Reuters  -  432 words
    • Article
      Lock icon High-tech incubators feeling market pressure
      553 20 MONTE CARLO They're suffering as dotcom mania fades; VC firms their rivals Reuters HIGH-TECH incubator firms, symbol of all that was hip during the heady days of the Internet craze, may have hatched their own destruction as the fad for dotcoms fades. Europe's venture capital
      Reuters  -  553 words
    • Article, Illustration
      Lock icon Seeking a Net gain
      61 20 [TOKYO] Miyoko Izumikawa (right), 69, learning about Internet stock trading at a free Internet and computer training session for aged people in Tokyo yesterday, one day before Japan sAged Day. Some I.OOOelderly people are expected to learn how to use the computer and surf the Net
      AFP  -  61 words
    • Article
      Lock icon HP focuses on small, medium business
      376 20  -  SINGAPORE By' Tay Hong Seng HEWLETT-PACKARD (HP) will be spending US$2OO million (Ss34B million) to provide a range, of mass-customised IT solutions to meet growing demand by small and medium businesses (SMBs) in the Asia-Pacific. HP's general manager for small and medium business, Chin
      376 words
    • Article
      Lock icon Wind in talks to buy Infostrada
      237 20 LONDON FT VODAFONE said on Tuesday it had entered into exclusive talks with Wind, a telecoms company jointly owned by Italian utility Enel and France Telecom, for the sale of Infostrada. Wind is expected to pay about 11.5 billion euros (5517.4 billion) for the
      FT  -  237 words
    • Article
      Lock icon UK on-line retailers facing more credit card fraud
      320 20 LONDON Reuters BRITAIN'S on-line retailers are facing a growing threat from credit card fraud, with nine out of ten Internet fraudsters getting away with it, a new report revealed yesterday. The crime wave is being exacerbated by the absence of on-line fraud
      Reuters  -  320 words
    • eBriefs
      • Article
        Lock icon Falling cellular phone market share
        94 20 Bloomberg [STOCKHOLM] Nokia Oyj, Motorola Inc and Ericsson AB, the world's top cellular phone makers, lost market share to Siemens AG, Kyocera Corp and some other rivals in the second quarter, said Dataquest Inc, a market researcher. Nokia slid to a 27.5 per cent share
        Bloomberg  -  94 words
      • Article
        Lock icon Barnes & Noble.com buys Fatbrain.com
        85 20 Barnes Noble.com buys Fatbrain.com Bloomberg [NEW YORK] Barnes Noble.com Inc, the second-largest US Internet book store, agreed to buy technology and business bookseller Fatbrain.com Inc for US$64 million (*****.6 million) in stock and cash. Barnes Noble.com will pay the equivalent of U554.25 in cash and stock for each Fatbrain.com share,
        Bloomberg  -  85 words
      • Article
        Lock icon Japanese online trading accounts up 7%
        71 20 Bloomberg [TOKYO] Japanese online stock-trading accounts rose 7 per cent in August from July, slower growth than in the previous month, while posting a 26th consecutive increase since Bloomberg News its monthly online trading survey. The number of online accounts in Japan rose to
        Bloomberg  -  71 words
      • Article
        Lock icon Telstra doubles stake in Sausage
        114 20 Bloomberg (MELBOURNE) Telstra Corp, Australia's biggest telecommunications company, agreed to almost double its stake in Internet company Sausage Software Ltd to 9.6 per cent for A 520.3 million (5519.4 million). Telstra plans to exercise an option to buy 15 million shares in Sausage at A
        Bloomberg  -  114 words
      • Article
        Lock icon Shell Australia buys stake in Net firm
        67 20 Bloomberg [MELBOURNE) Shell Australia Ltd said it bought a 19.9 per cent stake in Internet company Software Communications Group Ltd to bolster its e-commerce business. Financial details of the acquisition weren't given. The investment is the "beginning of a strategic alignment with a
        Bloomberg  -  67 words
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      37 19 Could you possibly see a trip jJr to Niagara Falls in the bottle of champagne you've just uncorked? it^l Wist S r M r J "v. 1 SSS?3^^B^^B j It all adds up to a /rer holiday.
      37 words
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      131 20 K^H A Va/ OJCT NO *7-2-0754 SS ISO WOO 19*4 Hitachi Plant 10 Anson Road #12-14 International Plaza S'pore *****3 Tel: 222 0665 Fax: 224 8358 Email: hpcsgr@cyberway.com.sg Website at http://www.hitachiplant.hbi.ne.jp uni-ball /i<3 N O broad Bold strokes. Spontaneous, yet mm__ sophisticated /MJ lines offer jjmj creative /W freedom for
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  • EAST asia
    • Article, Illustration
      Lock icon Senate rejects China sanctions
      453 21 WASHINGTON Way paved for passage of landmark trade pact with Beijing Reuters THE US Senate on Wednesday rejected a controversial plan to impose sanctions on China for its alleged role in weapons proliferation, clearing the way for final passage of President Bill Clinton's landmark trade pact
      Reuters; AP  -  453 words
    • Article
      Lock icon Taiwan's Far EasTone to buy rival Mobitai in US$300m deal
      493 21 TAIPEI Bloomberg FAR EasTone Telecommunications Ltd, one of Taiwan's six mobile telephone companies, said it wants to buy rival Mobitai Communications Ltd, an acquisition that analysts say could be worth more than US$3OO million (***** million). A takeover of Mobitai
      Bloomberg  -  493 words
    • Article
      Lock icon Heavyweights being tried in China's biggest corruption trial
      330 21 BEIJING 12 bigwigs in Fnjian identified; higher bureaucrats believed to be involved AFP AT least 12 defendants in China's largest ever corruption trial were identified by Hongkong media yesterday, the second day of the proceedings. The people appearing in courts in the
      AFP  -  330 words
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  • SOUTH asia
    • Article
      Lock icon Microsoft, Infosys in global alliance
      470 22 NEW DELHI Analysts say absence of financial details suggests the tie-up is no big deal Reuters MICROSOFT Corp and Indian software services giant Infosys Technologies yesterday announced a strategic global alliance to develop e-business solutions built around the Internet. The two companies said their new
      Reuters  -  470 words
    • Article, Illustration
      Lock icon Health more important than technology: Gates
      457 22 PEOPLE Reuters [NEW DELHI] Software baron Bill Gates, whose personal wealth of around US$5O billion (SsB7 billion) makes him the world's richest man, said yesterday that technology was not as important to him as health. The chairman of Microsoft Corp, on a day's visit
      Reuters; AFP  -  457 words
    • Article
      Lock icon Sale of stake in India tourism body won't be delayed
      317 22 NEW DELHI National tourism policy to be announced soon, minister adds Bloomberg INDIA'S sale of shares in India Tourism Development Corp, or ITDC, the country's largest hotel and tourist services group, will not be delayed, said Ananth Kumar, the country's
      Bloomberg  -  317 words
    • Article
      Lock icon Abbey buys 30% of Tata's home loan unit
      137 22 Mumbai Bloomberg UK's fifth-biggest bank Abbey National is buying 30 per cent of Tata Homefinance, the home mortgage unit of Indian finance firm Tata Finance, to tap into rising demand for home loans in the world's second most populous country. Tata Homefinance
      Bloomberg  -  137 words
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      581 22 WtKm HHHb W m W With a stable of 12 newspaper* in four official languages and six lifestyle magazines, Singapore Press Holdings is V the national newspaper publisher. Our newspapers reach out to 90% of 11TME1U Pe T Sh U d h d 3 rec 9nised de 9 ree with
      581 words
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  • MEGA merger
    • Article
      Lock icon Merger may hurt forex liquidity
      423 23 JP Morgan, Chase deal conld further shrink field with few US players: analysts Reuters [NEW YORKI Foreign exchange markets will likely be less liquid and more volatile during the US trading day following the planned merger of Chase Manhattan Corp and J P Morgan, analysts
      Reuters  -  423 words
    • Article, Illustration
      Lock icon Chase CEO, a low-key veteran of merger art
      521 23 PEOPLE Reuters (NEW YORK] Chase Manhattan Corp chairman and chief executive William Harrison Jr is a newcomer to the bank's top job but already has inked more major merger deals than many corporate titans do in a career. The lanky. 56-year-old Rocky
      Reuters; AP  -  521 words
    • Article
      Lock icon Wall Street wonders who's next
      507 23 After Chase Manhattan's buy of J P Morgan, gossip is rife over which companies will be the next to get hitched to each other NYT, Reuters WHO will be next? That was the question being asked on Wall Street on Wednesday after Chase Manhattan announced
      NYT,; Reuters  -  507 words
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  • OIL crisis
    • Article, Illustration
      Lock icon Rising oil prices to cost Asian govts US$27b
      787 24 Bat economists say effects won't be widespread enough to derail Asia's recovery Bloomberg ASIAN governments will pay US$27 billion (Ss47 billion) this year to avoid the protests and civil strife gripping Europe as oil prices surge. It is a price they are
      Bloomberg  -  787 words
    • Article
      Lock icon KL swimming in oil politics
      736 24  -  There's opposition to proposed petrol subsidy cut, allocation of oil royalty »y Eddie Toh in Kuala Lumpur MALAYSIA is enjoying a windfall from high oil prices, but it also has to contend with domestic oil politics public resistance to the proposed cut in petrol subsidy
      736 words
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      1268 24 POT PACIFIC CARRIERS LIMITED (Incorporated in the Republic of Singapore) The Directors of Pacific Carriers Limited wish to report as follows to shareholders:UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30TH JUNE 2000 The Group The Compeny 2000 1999 lr J° 2000 1999 $'000 $'000 (Decrease) $'000 $'000 (Sggj) 1 (a)
      1,268 words
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  • WORLD news
    • Article
      Lock icon Aug PPI down 0.2% on falls in energy prices
      426 25 WASHINGTON Bloomberg US WHOLESALE prices fell modestly in August, helped by a drop in energy prices, the government said yesterday in a report likely to reassure the Federal Reserve it can leave interest rates unchanged for now. The Labor Department said
      Bloomberg  -  426 words
    • Article
      Lock icon Members vote to demutualise LME, embrace e-trading
      328 25 LONDON Reuters MEMBERS of the London Metal Exchange (LME) voted unanimously yesterday to demutualise the world's largest non-ferrous metals market and embrace electronic trading in a bid to keep its competitive edge. The LME said members voted unanimously to drop its mutual ownership
      Reuters  -  328 words
    • Article
      Lock icon Shareholders vote to oust LSE chief for botching iX exchange plan
      500 25 LONDON But Gavin Casey's fate will be decided by secret ballot as show of hands vote was 'too close' Reuters SHAREHOLDERS of the London Stock Exchange (LSE) yesterday voted to oust its chief Gavin Casey by a show of
      Reuters  -  500 words
    • Article, Illustration
      Lock icon ECB to buy 2.5b of euros in forex market
      527 25 ECB denies it's a move to boost euro; currency inches np Reuters, AP THE European Central Bank (ECB) yesterday sent shivers through the interventionwary foreign exchange markets, saying it would buy some 2.5 billion euros (553.7 billion) in what it called
      Reuters,; AP; AFP  -  527 words
    • Article
      Lock icon China not seeking to include Taiwan issue in WTO talks
      505 27  -  Vice-trade minister says that the matter had been settled in 1992 From D Ravi Kanth in Geneva CHINA has dismissed fears that it is seeking to include Taiwan as a separate customs territory under its overall control, as it steps
      505 words
    • Article
      Lock icon US House passes bill on tax breaks for exporters
      366 27 WASHINGTON But EU rejects scheme, threatens WTO action Reuters THE United States House of Representatives on Wednesday overwhelmingly passed legislation that would overhaul a multibillion-dollar programme of tax breaks for American exporters that threatens to spark a trade war between the
      Reuters  -  366 words
    • Article, Illustration
      Lock icon Walking the plank
      48 27 [SYDNEY] The feet of a Belarus gymnast walking the beam during a practice session at the Super Dome in Sydney's Olympic Park. Members of the women's gymnastic teams had theirfirst chance to practise in the Olympic venue prior to the start of the Games. REUTERS
      REUTERS  -  48 words
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      170 25 ZIP now introduces the boiling water plus filtered cold drinking water directly from the tap the new money-saving Zip for office and factory tea rooms. Think of the savings: no more bottled ■Hp;*| water to buy! Touch the blue button HHh and out it pours an endless supply great tasting
      170 words
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      Lock icon Page 25 Advertisements Column 2
      118 25 Paris Miki s ■■hhhmhhhmmh ogth An n i versary AIIE Iparismiki! k mum > STRONG J r/ c NORMAL Titanium Jr J Vrie* l BLC (With colour plating) □-FWgL.yw I —w PaaaduT, 1 Qk qold Deco Iparis miki unto m o/ #1 off Usual Price (Strong* ImM RwMntl (ScrMtfi 4
      118 words
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      3991 26 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 OPH PROPERTY LIMITED (Incorporated with limited liability in Singapore) NOTICE OF PARTIAL REDEMPTION Partial Redemption of 5545,000,000 4.125 Per Cent Secured Bonds Due 2001 Of OPH Property Limited (the "Bonds") NOTICE IS HEREBY GIVEN of the exercise by OPH
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      414 26 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND KEXIN TECHNOLOGY PTE LTD Member*' Voluntary l iquidation! At an Extraordinary General Meeting of the Company held at 200 Bukit Timah Road. #02-01 Alland House. Singapore *****2 on the 11 th day of September 2000. the following Special and Ordinary
      414 words
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      744 26 IN THt MATTER OF THE COMPANIES ACr, CAP. 50 AND IN THE MAtTEROF SOS EQUIPMENT CENTRE PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) Notice of Appointment ond Situation of Office of Liquidator Name of Company 808 EQUIPMENT CENTRE PTE LTD Company No *****0826 D I, Joseph Wong Phu. lun of JPI
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      15 27 K TODAY® ttL ■Uanhe Zaohao I# W&llh t#3y Impactof rising oil prices on transportation "shares
      15 words
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      Lock icon Page 27 Advertisements Column 2
      113 27 The official delivery company of the 2000 Olympic Games. World Class Relay Team As the official delivery company of the 2000 Olympic Games, UPS will be asked to guarantee on-time delivery* of all kinds of things to Sydney from all over the world. It might be weight machines from Moscow,
      113 words
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      126 28 > /.jr. y BBHMHL '^GBHl^^^^H MHW^MaaSMB^^P»i iiwl^^HH^BSS^^^B^^H^^fl %.;jB JE' v "^^l^^^^H^^^b^^^mßß»7vrl^^^BH%S^^^^hßbbbbbbbl^l r ms-r Now, everything you buy brings you closer to you purchase on the Card, the holiday of earn double miles on what they spend purchasing Gold Cardmembers also receive 50^P the holiday of your dreams. The champagne your
      126 words
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      76 29 ?sl§rai® irehasing Gold Cardmembers also receive 5000 bonus receive a free ticket* when you purchase your 5 on the KrisFlyer miles; Classic Cardmembers 3000 first ticket with the Card. First Year Free. more miles. And here are two more great reasons to We'll even waive the first years annual fee.*
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  • FINANCE & commodities
    • Article
      Lock icon STI futures tumble after brief rally
      305 30  -  SGX Derivatives TrsMngßeport ST Indeg/MSCI Stare Index Chan Yet San Refco Singapore SHARES on the Singapore stock exchange could not end its downtrend yesterday despite the overnight 1.16 per cent gain on Nasdaq. The Straits Times Index gave up 5.07 points or 0.24 per
      305 words
    • Article
      Lock icon Sept contract slides but ends above day's low
      235 30  -  MSd Taiwan Index Chan Yet San Refco Singapore THE Taiwan stock market could not sustain Wednesday's upward climb yesterday as it suffered the largest point decline in two weeks. The MSCI Taiwan Index lost 10.04 points or 3.11 per cent, to 313.19.
      235 words
    • Article
      Lock icon Palladium prices fall to lowest level in a week
      195 30 Bloomberg PALLADIUM fell to its lowest level in a week yesterday as traders expected Russia to begin shipments to Japanese buyers, while more deliveries started arriving in the European market. Last week, Mitsubishi Corp and Sumitomo Corp signed agreements to buy
      Bloomberg  -  195 words
    • Article
      Lock icon CURRENCY REPORT
      326 30 Reuters London THE euro got a shot in the arm yesterday after the European Central Bank said it would buy euros with interest earned on foreign exchange reserves, overshadowing its decision to leave interest rates on hold. The euro jumped more than a cent against the dollar on
      Reuters  -  326 words
    • Article, Illustration
      Lock icon Untitled
      1242 30 arnuw cross rates sepu A$ CS Rmt Euro ffr Dm HK$ Ind »s IhipUti Yen Wow Ml HZ$ Pafc»s Ptio S$ hg Sfr NT$ Mi Pound USS Australia 0.817 4.558 0.640 4.197 1.251 4283 25.087 47.373 0.589 6.125 2.087 1.318 30.038 25.054 0.957 3.939 0.973 17.082 22.931 0.390 0.549 Cauda
      1,242 words
    • Article
      Lock icon Untitled
      1912 30 S1C0M FUTURES Sep 14 RUBBER (futures ctostaq ts <t 5.30pm) RSSI CONTRACT(S cents/kq) Close Voftme OpM Month Hl» Low Stt (toMes) Interest Oct 00 113.75 No* 00 115.50 Dec 00 116.75 Jan/Mar 001 120.00 RSS 3 CONTRACT (US c«ts/lq) VohMM OpM Month Low Stt (tonnes) Interest Oct 00 64.50 64.00
      1,912 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK shares down on liquidity concerns, high oil prices
      2781 31 HONGKONG AFP Q Hang Seng -***** HONGKONG share prices fell 1.4 per cent yesterday amid liquidity concerns ahead of a series of major share offers, dealers said. The Hang Seng Index shed 234.35 points to close at 16,395.43 points, off a
      AFP  -  2,781 words
    • Article
      Lock icon Nasdaq boost for high-tech shares props up Nikkei
      1962 31 TOKYO AFP Q Nikkei 225 *22.76 SHARE prices in Tokyo edged up 0.1 per cent yesterday as Japanese high-technol-ogy shares got a boost from the US Nasdaq market, brokers said. The Tokyo Stock Exchange's Nikkei--225 index rose 22.76 points to close at
      AFP  -  1,962 words
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      Lock icon CHINA
      906 31 AFP QShenzhen B Index -0.04 CHINA'S hard currency B shares closed down yesterday with the Shanghai index sandwiched in a technical range and its sluggishness depressing Shenzhen shares. The Shanghai B share index fell 0.80 per cent to 68.529 as turnover climbed, but it was still light at U5511.65
      AFP; Source: Credit Lyonnsis Securities(Asia) Ltd  -  906 words
    • Article
      Lock icon TAIPEI
      378 31 AFP □*P Index -***** TAIWAN share prices closed 3.2 per cent lower yesterday to this year's low on concerns over further offloading of stocks by foreign institutional investors, dealers said. The Taiwan Stock Exchange Weighted Price Index dived 239.37 points to 7,152.29, on a turnover of NT575.47 billion. Decliners
      AFP  -  378 words
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  • STOCKS klse
    • Article, Illustration
      Lock icon KL shares firmer on Mow-through buying
      447 32 AFP n Composite Index +11 MALAYSIAN shares ended 0.3 per cent higher yesterday on follow-through buying support for key blue chips, dealers said. The Kuala Lumpur Stock Exchange Composite Index closed up 2.1 points at 747.17, off a high of 754.42 and a low
      AFP  -  447 words
    • Article
      Lock icon Untitled
      9277 32 INDUSTRIALS Consumer products 2000 Last Vol Day Net Cap High Low Company Sala 'OOO High Low P/t $m4l 420 310 Ajinomoto 350 191 1419 153 56 Angkasa 59 unci* 27 60 57 87.0 670 290 Apollo Food Hlg 454 4 17 458 454 9.9 181.6 3725 2700 BAT SOc 3425
      9,277 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      2994 33 BONDS A WARRAMTS sepu m wtm iw ii#j U-«m* latf ««l Bay LmMmI* Art <»• Cm bar Mu una M# LOT c«a»i*v 1* rn$k Lot (ay* Mar Mm imiiIMi Mm 1%) »nrti|t L*n 51.5 7.5 I Acma ******4 8 5 -1 506 9.5 7.5 9 6.5 11 41.0 1 300
      2,994 words
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      Lock icon BANGKOK
      751 33 Bloomberg D SET Index -334 THAI stocks fell, led by PTT Exploration Production pel on concern earnings at the state-controlled oil and gas developer may slide after oilproducing nations said they are ready to boost output to stem a surge in prices. The SET Index fell for an eighth
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      Lock icon MANILA
      291 33 AFP Q Composite Index -3925 PHILIPPINE share prices fell 2.6 per cent yesterday, with the Stock Exchange Composite Index down 39.25 points to close at 1,450.15. It fell more than 3 per cent in early trade but recovered slightly on last minute bargain hunting. Volume was 1.25 billion pesos.
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      Lock icon WELLINGTON
      263 33 AFP QNZSE-40 *IMB NEW Zealand shares rose 0.9 per cent yesterday, spurred by gains in Telecom New Zealand and Fletcher Challenge Energy, dealers said. The NZSE-40 Capital Index closed up 18.68 points at 2,080.52 points on high turnover of NZ5164.5 million. (000) Advantage MOS 2.18 0.02 39 AtrN2 A
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      Lock icon SYDNEY
      550 33 AFP QM Ordinaries +8.6 AUSTRALIAN share prices rose by 0.3 per cent yesterday on the back of momentum generated by gains in local bourse heavyweights Telstra, BHP and News Corp, brokers said. The benchmark All Ordinaries index rose 8.6 points to 3,294.1 and the SP/ASX2OO climbed 10.5 points to
      AFP  -  550 words
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      Lock icon SEOUL
      314 33 AFP C 3 Composite Index -3J>4 SOUTH Korean shares fell 0.5 per cent yesterday. The index eased 3.54 points to 650.14. Volume was 317 million shares worth 2.3 trillion won. AFP S*d M Don •lumSmi 8750 20 Brain Tech 780 unch Central Bank _640 unch Cheil Comm ***** 600
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      40 33 cents a day. The Jakarta market was closed yesterday The secret of success |S Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. war CATS.
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  • Article
    Lock icon STOCKS sgx
    10083 35 SGXMADIBOARD Transaction date: Sep 14 Cf Gr M Wt 52'Wk Last Vol Day Last Quota Dlv Dlv VW Net Cap Ayg Mtqh Low Company 8* COOP) Mlffc L— jayw Wlf C*W P/E $mll Prlca MULTI-INDUSTRY 163 86.5 m C Acma 50c 89 -14 2485 K>2 86.5 88.5 89
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      148 36 WE'VE EARNED ONE OF THE HIGHEST BANK CREDIT 4 RATINGS IN ASIA. Like irtrwv?trv\e om\ \tr (WnXfe {in^nofi-^ a 1 A l TO** <*0\ Wkr 7'". a :JFI 7.' r ''V^H p|| -.\7 Surprising DBS. Ii might astound you jll si how big an impact DBS Bank has in Asia-Pacific.
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  • EXECUTIVELifestyle
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      Lock icon Fighting for a of the good life
      1702 37  -  COVER STORY: SPA WARS Blue chip players, multi-million dollar investments and an international game plan. It may sound like np^-' tax su ten finds out what both new and established operators are cooking up as competition intensifies TAN SU YEN OT TOO long
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    • PERSPECTIVE
      • Article
        Lock icon A Singaporean approach to problem-solving
        759 38  -  QFFiiiTJgTTiI We complain among onrselves and write letters to the press, bat could a petrol price hike in Singapore ever fael the kind of protests now going on in Europe? jaime ee THE FRENCH have their operation Escargot. The English are blocking oil refineries to
        759 words
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        Lock icon Smaller players
        537 38  -  Can indies survive in this new environment? By*. Tan Su Yen WITH the advent of the megaspa, can the small spa and the independent operator survive? Why not, asks Georgie Yam, a veteran hair stylist who operates two boutique spas at the Singapore Marriott and Grand Hyatt under
        537 words
    • EPICURE
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        Lock icon Bland pleasantries
        778 39  -  Senso's cuisine could do with a more personal touch, says jadce be JAIME EE OLUB Street is hopping, and in more ways than one. Given the high turnover rate of tenants there, you could probably go there once every six months and convince yourself that you've discovered a
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        393 39 WINE CONNOISSEUR Like most great wines, Petrns takes its time to open np. Bnt the 1992 is ready for drinking /ft/N K Yon# PETRUS is not an easy wine to taste when young, at least that is my experience. When tasted directly from the cask it is nearly
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    • ENTERTAINMENT
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        Lock icon The old boys' club
        626 40  -  CINEMA As Space Cowboys, Clint and company prove that they are simply ont of this world ftyi Geoffrey Eu AT 70, Clint Eastwood may be too old to reprise his unforgettable role as the pon-cho-wearing, cheroot-chomp-ing, squinty-eyed gunslinger in that classic series of Sergio Leone westerns
        626 words
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        Lock icon Voyeuristic pleasures
        573 40  -  CINEMA The view from the Rear Window is as engrossing as ever, and the restoration of the original negative an amazing feat of technology By] Parvathi Nayar THERE are many reasons to see the restored 35mm version of Rear Window. For starters, the restoration is an amazing feat
        573 words
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      Lock icon CINEMA
      802 41 The Art Of War. Wesley Snipes is a UN agent who gathers dirt on intransigent politicians to steer them to the negotiating table. When an ambassador is murdered, he gets the blame in this high-tech espionage thriller, which also stars Donald Sutherland and Anne Archer. Lido, Balestier, Century, Choa
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      Lock icon ENQUIRIES AND BOOKINGS
      115 41 Cathay Org Calhay 338-3400 Easlsfwe 346-1816 Orchard 235-6386 Pidurehouse 338-3400 Yaiflto 223-7529 Bng Wah Empress 777-5867 Jubitee 454 1640 Mandarin 292-9401 Marina 338-9719 Whtosands 585-1782 VllllQi 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 TiongBahru Yishun Ovfifi Movi# 1 C1ementi/CoVwa»i 777-0669 GoHtn/Htmlcm
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    • HEALTH
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        Lock icon Happy, healthy meals
        844 42  -  Who's afraid of attending a dinner parly given by a health-conscious host? Certainly not ■assume tax who, with the help of professional chef Jochen Kern and nutritionist Louisa Zhang, soon finds out just how delicious a low-cal, fat-reduced five-course dinner can be BABBIE TAN IT IS a
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    • LEISURE
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        Lock icon A brew while you browse
        671 43  -  Read a book, enjoy a hot cuppa, and surf the Net if you want to at The Book Cafe, the new joint venture between MPH Group and Burke's, oorikiiekerh has the details CORINNE KERK Many people have talked about running book cafes, but MPH Online.com
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        Lock icon Legendary blades
        608 43  -  RETAIL At Medieval Lions, it's easy to understand why a well-made sword is also a work of art By Chen Huifen HAVING a few delusions of gladiatorhood after seeing the Russell Crowe movie? Maybe the first thing you need to do is get yourself the right sword. While
        ARTHUR LEE  -  608 words
    • PERSONAL INVESTMENT
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        Lock icon Mortgage war escalates
        712 44 Consumers are the winners as banks sacrifice margins in their bid to seduce home buyers UOB has joined the mortgage war and that can only be good for consumers. But unless the rate cuts generate a substantial rise in new loan volume, banks' margins will invariably come
        712 words
      • Article, Illustration
        Lock icon Reduced selling sends sentiment higher for second week
        992 44  -  jfclSICEEHmS By Robert Halili The writer is bureau chief at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore News Desk THE Singapore sentiment permanently broke out of its 16-week slump by posting another surge this week, this
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      • Article, Illustration
        Lock icon More downside seen for Venture
        996 44 STOCK I f» Venture Manufacturing Venture Manufacturing's interim profit figures were a tad below analysts' forecasts. IDEAglobal sees its stock weakening on profittaking in the near term. In the half-year ended June, Venture's net profit jump 8 per cent year-on-y.ear to $39.5 million, slightly below
        996 words
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        Lock icon ACU DEPOSIT RATES Offered by various banks (as at Sep 13.2000)
        1447 44 Depoert emount 1-wlh 3-firtH 6-nith Deposit amount 1-mth 3-nrth 6-mtti AS AS S10.000-A24 999 5 6900 5 9700 6 0100 25 000 74 999 5 0000 5 1875 5 6250 A25 000 A49.999 5 7100 5 9900 6 0300
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    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon Making home-owning less of a burden
        1348 45 MONEY PTOS Property is a long-term investment. The decisions you make today can affect your financial well-being for the rest of your life, and your children's MARK Tan was at his boss' retirement party when the realisation struck him: "I remember thinking, 'Some day
        Source: URA Jones Lang La Sa  -  1,348 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon AIGAM aims to make a mark
        715 46  -  It will launch as many as 12 new funds soon, gemevievecda finds out how it plans to capture a bigger slice of the market GENEVIEVE CUA Through most of last year, AIG Asset Management led a low-key existence as a fund provider to AIA,
        715 words
      • Article
        Lock icon UNIT TRUST performance ranking
        3760 46 Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal launch 31-07-2000 31-05-2000 29-02-2000 31-06-1999 29-06-1997 31-06-1995 star date 01-09-2000 01-09-2000 01-09-2000 01-09-2000 01-09-2000 01-09-2000 ranking Asset Alloc Sin^iporo Keppe) Singapore Bai Y 18/09/1995 2.35 1 8.9 1 1.47 1 10.85 1
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        Lock icon S'PORE insurance funds
        890 47 Next pub date: October 13, 2000 Fund 1 mth 3 mths 6 mths 1 year 3 years 5 years Micropal launch 31-07-2000 31-05-2000 29-02-2000 31-08-1999 29-08-1997 31-08-1995 star date 01-09-2000 01-09-2000 01-09-2000 01-09-2000 01-09-2000 01-09-2000 ranking Asset Allocation FE&Pac Ex Jap ICS MM Balanced Growth Y 02/05/1996
        890 words
      • Article
        Lock icon Corrections and clarifications
        108 47 IN the article "ÜBSAM set to launch up to 10 new unit trusts" on Sept 8, it was stated that ÜBS Asset Management's new global biotechnology fund has a total annual management fee of 2.4 per cent. This is incorrect. ÜBSAM would like to clarify that the
        108 words
      • Article, Illustration
        Lock icon Invesco sees good opportunities here
        779 47  -  The fund manager will offer two new global funds next week, but more products are in the pipeline, sebena mo looks at what they are SERENA NG INVESCO Asset Mangement Singapore will launch two new global funds next week a global growth and a global
        Source: Standart & poor's Micropal  -  779 words
    • EXECUTIVEmoney
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        Lock icon Go in with eyes wide open
        1812 48  -  YOUR MONEY Selling like hotcakes are Investment-linked Insurance plans, but be mindful of their costs and fand allocations genevieve cua MANY column inches of space have been devoted to commentaries and articles on unit trusts in these pages, and not even half as much
        1,812 words
      • Article
        Lock icon Take note of caveats in benefits illustrations
        315 48  -  By I Genevieve Cua HOW useful are regular premium ILPs' benefits illustrations? There are many caveats with the standard 5 and 9 per cent projections, which are gross returns. The biggest is that the numbers assume a straight-line growth, and we all know
        315 words
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      77 37 Epicure Senso: new Italian on Club Street Space Cowboys: Clint calls ttie shots Home entertaining: healthy, happy meals EL 6 W Revel in the latest Autumn creations from the fashion supremos., Stylishly elegant yet casual couture in distinctive earthy colours. Jt Jg 5 W Set amidst fine furnishings and enhanced
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      96 38 We ve gone to great lengths to perfect our restaurant, even employing some of the most dependable hands in the business, the building business that is. These are the hands that constructed the kitchen of chef Todd Miller. Indeed, from the design and decor to the wine list and menu
      96 words
  • Page 38 Miscellaneous
    • Miscellaneous
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      325 38 CRYPTIC CROSSWORD 6 Samuel's teacher has a JBIJBLJBB JH 1®"""""" name for writing essays (4) 10 Clean up in a gamble (5) 1111 1 I 1 I 1 1 11 A fully developed state (9) 11l AH aH Hi iH 12 Such intricate patterns are just a tissue of lies
      325 words
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      86 39 I I tf iv ivoc^v^ lfc"f v »HBM| Before you clear the table, you've got to clear your desk. The Motorola Timeport P7689 was designed with your efficiency in mind. It's your memory, schedule, Internet*, e-mail and ultimate weapon wherever you go. In fact, it has over 200 'STi£Sr features
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      586 40 Where to wine, dine and entertain..."-? •Absolutely the first card in the world ***** KovrrioH- CovPg CyQSSyQouAs CovPe 11- 23(?pva The Singapore Marriott Hotel is famous for its fine International cuisine. Now you can enjoy a leisurely Sunday Brunch with dishes such as Chilled Lobster. Sushi. Shark's Fin Soup and
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      82 40 ITALIAN FOOD WINE 14 24 September 2000 Enjoy Italian dining Hi at its gourmet best by Chef Gianni MalagoLi of Genoa at Top of the *M* Revolving J Restaurant. |H Reservations: H 831 6288 58 Popular demand! i ManAvin .Wr J sjSr? 33 3 Orchard Road Singapore 2 ***** W:
      82 words
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  • Page 41 Miscellaneous
    • Miscellaneous
      Lock icon Page 41 Miscellaneous Column 1
      2100 41 TODAY'S TV RECOMMENDED VIEWING Central I£JH 300 \sia Today 9.00 AM Kids Central: Sesa- t Singapore Update. me street 3.45 Business Update. Piipp practised worldwide. This i o>oo Ruffu s The Dog 4.00 ON A Today documentary looks at 1030 Tweenies. >' I■■ I Singapt>re Update, nnionn traHitinnc likpHnwrip« u
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    • Miscellaneous
      Lock icon Page 41 Miscellaneous Column 2
      268 41 RADIO Meridian Writers' suicide rather than Workshop, BBC, Fri, 2.05pm surrender to a Roman siege. Inspiration and insight for It's a story that has become would-be screenwriters as central to Israeli identity. But Louis Doughty invites two how much of it is true? leading practitioners to share Malcolm Billings uncovers
      268 words
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      339 42 Canon presents k K^^2L JHi l-P»liyi!iP»TOJili.- VHP W.V. .vw...v«v...,,,. ..Mv.»v...v,4(( l H ftw Wl ~:< 1. .4 ;A. ♦*■*<( A document management seminar by imaging professionals and business efficiency guru, 19th s*p 2000 I Tinx j Ron Kaufman. Tuesday 8.30 am 9.00 am Registration More than a mil,ion P eo
      339 words
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      485 42 W r T S^^Panr i "4fl&ao2n^. s A V lemon oil 4 sea bass fillets pinch of salt 80gm leek, cut in fine strips pinch of white pepper 80gm bean sprouts THE MENU 20gm toasted garlic chips 20gm coriander leaves 20gm toasted pine seeds 20gm red chilli, finely cut LightTastySnack
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      227 43 RX3OO heights you aspire to, you're that muck closer to attainment in the Lexus RX3OO. Seated way above the vast majority ol drivers, the very stars seem almost within your reach... From slick city streets to dusty dirt tracks, this versatile vehicle is lully equipped to tackle any terrain. With
      227 words
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      462 45 il T M w mtmSM BwT 1 r nl| m a HL j£yj^^^^j^feHHfl^HH|HHp|^k^HHjj^HHHHfl^|^H fl The science that will help her live 125 years can also help your portfolio grow. Medical advancement today is unthinkable I INVESTMENT SEMINAR I international companies engaged in the research, without biotechnology. Research in diseases previously
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      247 47 ««Aa r\o *1 v c^o° e >. r -v#^?: l >■* V ••< >-. -~-i*- < Vv '~< ~4* 1 V v ,v- Ivi' ?£*v > y" V v* "-V v V->., V Finally, a fund that enhances returns and gives you ready access*to your money. Impossible? You can with
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Call for greater Asean cooperation in shipping
      438 49  -  Public, private sectors need to work closely to meet challenges, UN official tells conference By Donald Urquhart [SINGAPORE] Public and private sector players involved in the Asean shipping industry should work more closely to meet future challenges, according to a United Nations (UN)
      FILE PHOTO  -  438 words
    • Article
      Lock icon Northport investors have no cause for worry
      460 49  -  Newly formed company assures shareholders ahead of re-listing m Donald Urquhart [SINGAPORE] Northport Corporation Bhd (NCB), the newly formed holding company of Klang Container Terminal (KCT), Klang Port Management Sdn Bhd (KPM) and Kontena Nasional Bhd (KN) has assured its shareholders ahead of
      460 words
    • Article
      Lock icon MARITIME STOCKS
      285 49 *»h g n CMFT Distribution DAB -0.01 B ChuanHup 0J7 -OOI 615 Cosco Invastmant 0.19 OOI 124 rr«toM Links 0.17 unch 202 Gfl HoWlrxjs 0.64 -OUJ1 20 Hat Sun Hup 0.37 -OOI 83 IMC HoMlnqs-HK —5.60 unch 0 Jaya Holdings 0.16 unch 394 Kappa) Corp 3.80 -0.02 1716
      285 words
    • Article
      Lock icon India's shipping head to speak on its maritime policies
      152 49 [SINGAPORE] Indian director-general of shipping Daniel Trevelyn Joseph is the latest distinguished guest to visit Singapore at the invitation of the Maritime and Port Authority of Singapore (MPA) under its Distinguished Visitors' Programme. Mr Joseph, who arrived in Singapore yesterday, will
      152 words
    • Article
      Lock icon Hanjin clinches US$125m order
      169 49 Bloomberg [SEOUL] Hanjin Heavy Industries Co, South Korea's No 5 shipbuilder, said it won a US$125 million (SS216.25 million) order to build five container ships for Bollore of France. The order from the French transportation company involves Hanjin building five container ships, each capable of carrying
      Bloomberg  -  169 words
    • SHIPPING news
      • Article
        Lock icon Decision on arbitrator upheld by Court of Appeal
        801 50  -  ADMIRALTY CASEBOOK By\ Selva Kumar THE Court of Appeal in the UK has upheld a decision of a lower court, which had decided that an arbitrator was not biased although he was a director and shareholder of a competitor company to one
        801 words
      • PORTShots
        • Article
          Lock icon Southbound rates raised
          50 50 MEMBERS of the Europe/ Mediterranean Trade Agreement have agreed to increase their southbound rates from Oct 1. They will raise charges from North Continent/Scandinavia and the Baltic by US$l5O per TEU and US$2OO per TEU, and from the UK and Ireland by US$73 and US$l46 per TEU.
          50 words
        • Article
          Lock icon Orders rise at Japanese yards
          87 50 FIGURES from the Japan Ship Exporters' Association show a strong order level in July, with 29 ships of 1,542,900 gt entering the export contract books of the country's shipyards. NYK's three-ship VLCC order contributed the bulk of the total, along with two suezmaxes, an aframax
          87 words
        • Article
          Lock icon 'Erika' first phase complete
          44 50 THE first phase of oil removal from the two halves of the sunken tanker Erika has been completed with the end of pumping on the front section. Salvors will now return to the stern half to complete final oil removal.
          44 words
        • Article
          Lock icon Guangzhou sees profit drop
          45 50 CHINESE Guangzhou Shipyard International has seen a 21.6 per cent fall in first-half profits to US$2.9 million (Sss million), despite a 25.8 per cent climb in turnover to US$l5O million. Lower ship prices took most of the blame for the fall.
          45 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      312 50 PAGE ECU Line 6 Accord 8 ESP Lines 13 Ahrenfciel 14 Evergreen 6 Appenship 5 EoongSun 5 Asia OCL 13 M Links 14 Assets 8 fufMI 7 Austral 8 G Link 4 Avant 14 Gemartrans 6 B tang Mas 8 Genshpg 13 BSA 7 Global 13 BTL
      312 words
    • Article
      Lock icon SHIPPING GUIDE
      25126 56 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telethon# ETA ETA Advertiser Vessel Voyage Telephone SIW Pest*n Heme Name Number Number SIN Dest'n Name Name Number Number 25/09 19/10 Norasia VILLE DANTARES L39W 65 *****33 To ABIDJAN (ABJ) 2003 Cote D'lvoire */*> cho Yang pudong sen ohw u
      25,126 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        721 63 Vessel Voy No Berth Arrival Departure Tianshun 91 'j05 14/09/6:35 IV09/6.00 Spt Capricor *****3 312 MAW/6 35 14/09/19:00 Kajel Ace 48 J07 14/09/7:15 14/09/1700 Sandidewa 2 27 J15 14/09/8:45 15/09/8:00 Mercury Cold I7£ J15 14/09/8:00 15/09/7:15 Winstar 3 28S00 J03 14/09/7:15 14/09/20:00 BayswatertU) M0226 J02 14/09/8:50 14/09/16:00 Royal
        721 words
      • Article
        Lock icon CONTAINER SCHEDULES
        2004 63 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ABU 0MA8I C103W 16/10 00 U M/1500 M/1659 14/1900 18 14/1500 54/1659 14/1*0 2A M/1700 15/0659 15/0900 28 M/1700 15/0659 IV0900 J 15/0700 15/1159 15/1400 4 15/1200 15/1459 15/1700 ACJ
        2,004 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        189 63 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 Day. Oct 3 Germany: The Day of Germany Unity. Korea: National Foundation Day. Oct 0 Hong Kong: Chung Yeung Festival. Oct 9
        189 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        799 63 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 indi cated The Cockett Bunker Price Index
        799 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        621 63 Carbon 180 Mai 990.7 0.7 ».4 0.08 77 0.05 Sep 7 Density Water Residue Ask Aluminium Sediment No above E25 0 0 1 0 0 0 HM/M 380 Ave 987.6 0.5 12.8 0.07 33 0.02 Cm 380 Max 997.3 6.9 17.4 0.17 65 0.07 »6/M'3 v/v
        621 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon FAA to require changes to rudder on Boeing 737
        590 64 Safety improvements still needed, US aviation agency says in decision turnaround AP [WASHINGTON] The Federal Aviation Administration (FAA) said yesterday that it will require replacement of the rudder control system on the Boeing 737, the most widely used airliner in the
        AP; FILE PHOTO  -  590 words
      • Article
        Lock icon MAS still in talks with Qantas on sale of stake: KL minister
        297 64 AFP [KUALA LUMPUR] Lossmaking national carrier Malaysia Airlines is still in talks with Qantas about the sale of a stake to the Australian airline, a report said yesterday. Transport Minister Ling Liong Sik was quoted by Malaysian Business
        AFP  -  297 words
      • Article
        Lock icon More flights to Indian cities next month
        149 64 AFX-Asia [KUALA LUMPUR] Malaysian Airline System Bhd will start direct flights from Kuala Lumpur to three new Indian destinations by next month, Malaysian Business Times reported, quoting Transport Minister Ling Liong Sik. The new flights to Mumbai, Bangalore and Hyderabad will make Malaysia
        AFX-Asia  -  149 words
      • Article
        Lock icon JAL mulls over sale of its DHL stake to Deutsche Post
        294 64 AFP [TOKYO] Japan Airlines (JAL) said yesterday it was considering an offer from government-owned Deutsche Post to buy JAL's stake in US parcel delivery company DHL Worldwide Express. But JAL declined to confirm a Financial Times report that said
        AFP  -  294 words
      • Article, Illustration
        Lock icon Major US airlines act to reduce flight crew fatigue
        415 64 Steps include research on fatigne and education programmes Bloomberg [WASHINGTON] Major US airlines have agreed to take steps to reduce crew fatigue, including cutting the practice of having pilots ferry empty planes to other airports after their regular duty day. The
        Bloomberg; FILE PHOTO  -  415 words
      • Article
        Lock icon Indon airline to reopen 15 domestic routes
        142 64 AFP [JAKARTA] Indonesia's Bouraq airline plans to resume servicing 15 domestic routes it had suspended in the midst of the economic crisis that hit the country in 1997, a report said yesterday. Bouraq had been flying 28 domestic routes before the crisis which
        AFP  -  142 words
      • Article
        Lock icon Untitled
        2028 64 CITY FUGHT HA FII6MT ETO C235I 2045 S0804 1020 Amm AM2I0 1850 AM229 2230 Hanoi VN/MT4I 1310 W/S0742 0905 IM6381 1850 LH6380 2230 S0/VH175 *30 S0/VH176 1035 S0230 M50 S8229 2230 W»M0 Kg Amsterdam KL0843 0435 M.0838 22S5 *at r al WO 640 T6400 *40 $023 0645 ****** 2325 mmmi
        2,028 words
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      7 49 The freight market report was not available
      7 words
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      Lock icon Page 49 Advertisements Column 2
      131 49 Admiralty Casebook: Decision on arbitrator upheld by Court of Appeal p g 2 US aviation agency to require changes to rudder on Boeing 737 Back Pg m* New Econ Line A New Reliable Option To Your Container Feeder Needs In S.E.Asia 2 x Fixed day sailings per week between Singapore
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      Lock icon Page 49 Advertisements Column 3
      478 49 PEOPLE TH Chen has been named president of Yangming Marine Transport, Taiwan's second largest ocean carrier. Mr Chen will continue to act as chairman of the Taiwanese shipping group, but will also J take on the duties of Frank FH Lu, who Jk stepped down after five years as president.
      478 words
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      1215 50 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS 88X BUHB gWTTtE EXPREBS OMBCT TO LONG BCACH |—11 WIBT COAST Of CgMTTW. AMERICA (MARGARITA IgRVICg) 1 *555 vot mat no aw iohokkh muas Houston chkago wwron wxicoarr wssa I vot I ill njunml tajmi miTotmrn SSSo pTagSTT 5555S svjha
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      712 50 jr>es represented by r Mem 3ers Registry of Members of the Accre^'tec Shipping Agents, Singapore Logistics Singapore Shipping Association Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE MV "TBN" ETA SIN 28/09/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO 0 POT KLANG/SINGAPOtE/JAKARH I lANGKOC
      712 words
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      1295 51 TO EUROPE FROM EUROPE Ivcsa voy I sm rtm anr mam wrv sou fit un I Ivcsa vot Im> mm ham wv sou fit um sm I APIAGAII 022W 10/09 M/ 10 07/10 11/10 04/10 HYGBOMI 3?M 25/01 24/00 30/00 23/01 17/09 HYOAION 37SW 21/09 14/10 11/10 12/10 09/10 NOL
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      1700 51 ©HANJIN SHIPPING ijgQPl 4*M»«Lo. S«e *****30 HA**" SfWfWG (S) PTI LTD hi* //M Mil com lOOIWC *****35 737 SAIB *****74 731 OOCUtKm *****71 7/4 0fB*T)0« *****50 751 MAIN UM *****55 f/U *****45 CUM i ""TTTIIfJI TO NW USA CANADA USA "rovsvvoT iam sm imnaik/vot Isu I m|on| m oa msp
      1,700 words
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      439 51 VESSa VOY SMI WG VOY SHI HKG ffl USH PUS «SSEI YOY SIN JKT Sill zm 88 ?rsrAauir 03SB 14/ff 20/w 22/09 BEBB** 2!S 245 IKAS 10SS 24/09 VW 21/09 .rniBOMtC OOSS 17/89 27/W 30/ff Wilt KfEIUNC 012S 17A19 19/ff ***** 20/09 24/09 29/09 29/09 yQy yj| ||q OITC PUSAM
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      1663 52 C SENATOR LINES TO UK/CONTINENT TO MEUfIEKRANEANCANADA Vtssa VOY SW l£H RTM MM HAM MM IfU VTSKL [«T |UN I GFT SF* FOS VIC HTK HANJM WILMINGTON 0013W 12 M 21 09 30 09 >2 11 nit Mlt tS It CHOYANG SUCCESS N44W 17 09 Mlt Hit Mll It It
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      1090 52 l&a MAC-nels S'PORE M'SIA Carrier: MN CONTR LINES, INC p. qudanq: (07)*****26 I-Jvy V- J WNOIIMHTMNN SOU: (004)*****9 MAMLA: (632)*****24 PENANO: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P KELANQ: (03) *****77 JKT: (21) *****45 KUCH64G (062) *****1^3 PASIR GUPANG HO CHI MINH MV "QING SHAN" V.0019 MV "HARI
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      740 52 EXPRESS CONTMNEn FEEDER FOR N SHEW (CFS MULUNO MUMBAI/COLONBO ALSO ACCEPTING TO ALL NORTHER* ANO WESTERN 1.C.0. POINTS VMMI S PORE N SHEVA COLOMBO PKLAN6 CAPE CREUS V 112W 17 SEP M SEP 31 SEP N OCT CAPE CANAVERAL V 17MT 24 SEP 03 OCT 17 OCT 13 OCT TIiLSIOAS
      740 words
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      1758 53 IVESSU VOY KHH HKG I SIN PKL DXB BAB DMM BIK IRAN ISFAHAN PCL-173 19/09 20/09 23/09 24/09 01/10 02/10 04/10 06/10 IRAN BAAKERI PCL-174 26/09 27/09 30/09 01/10 10/10 11/10 13/10 15/10 IRAN HORMOZGAN PCL-175 03/10 04/10 07/10 08/10 15/10 16/10 18/10 20/10 IRAN TEHRAN PCL-176 10/10 11/10 14/10
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      1168 53 T.: SHIKOU EVERY 1 HUANGPU I XIAMEN BRSDAY I DALIAN EVERY SUNDAY J I GENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL 226 1900 FAX: *****0S OUTWARD (l/ir^^2oSBo^ToHOßEOffKE^^™™ COSTAR SHIPPING PTE LTD #12-00 SALES/IKGS *****57/43 INWARD DEPT (D/O) *****86 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M SINGAPORE *****8
      1,168 words
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      1331 53 I EUROPE EXPRESS SERVICE EXPORT IMPORT WHfl ~~VQY .SM; UH ITM AH* HAW IHY .PU VKSB VOT .Kim HAM .FU UH M CT ALPHA 013W 19/09 06/10 06/10 09 10 10/10 U/IOJ2/1C HJ BEIiIMC 023t 24,06 26 06 2T06 "31 06 17/09 PUOOHGSEN 015W 26.09 13. 10 15. 10 16/10'
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      866 54 I>W/Ult/SCAHpSIIvU/HNLAND/RIS I L /VOYAGE SGP RDM HIG THP ZEE ANW IHV I ICOPTING CARGO TO AND FROM: FINLAND, DENMARK. SWEDEN, RUSSIA I WAY 4TERRANEAN/BLACK SEA/EUROPE SERVICES I I /VOYAGE J SGP |G» VKN OK DU ROM IHV THP ZEE I imooox 17/ ft 29/Wjoil o«a1 o oVi o o o
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      383 54 ARABIAN PERSIAN B EXPORT I VESSEL VOYAGE SGP CMS DUB JIA AIU DMN BAH KHI NXV IINGHE OI7BW 14/09 24/09 27/09 29/09 UNI A*O€WT *****23* IS/09 22/09 27/09 21/09 29/09 I UNI ACTIVE 0142 W7W 19/09 2S/09 29/09 02/10 XIANG HE ol4ow 22/09 03/10 07/10 uMWtfli *****31W 2V09 29/09 04/10
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      582 54 f PACIFIC INTERNATIONAL LINES (PTE) LTD > j Sl4O Cecil Street, #03-00 PIL Building, Singapore *****0. CRNO **********0E I iunga thatai i iw I?/ 6 -177T- F>l srp lu> ltl ttH F G "~*n I Ji/J_ 14/9 27/9 30/9 7/10 14/lft 14/1 A I I OQCI AFFINITY 00? ufr fffi
      582 words
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      492 54 50 TELOK BLANGAH ROAD #02-® CmPORT CENTRE S TORE 0900 TEL: *****11 (6 lines) FAX: *****05 TLX. RS ***** CR NO. **********0W KSSa ETA FID DESKMTUN NABUKWA *****0 1MB?000 2W***** PKL BALAM WAGURI 14,7000 23A&2000 ?«S?OOC PALBABAfCfOKTIAhAK MABUOMA »?000 21W2000 2A0&2D00 PKL BALAM KAGURI 15.7000 011(***** OCIIVTOOO PONTIANAK For enquiries
      492 words
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      488 55 ■RL MYANMA pBBk FIVE STAR LINE (Myonmar National Line) Loading for Yangon VESSEL VOY SIN PRE PEN PGU MONG U 3SW SID DAWEI UW 22/09 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGCNCIES KUL TH 03-*****00 PRE: TEI 03-*****10) PIN: Til 04-*****02 PGU; HI 07-*****21/4 BANK LINE (A service of Andrew Weir Shipping)
      488 words
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      1389 55 HMNEHYUNDAI MERCHANT MARINE CO., LTD. [VBSB VOY ii SOU IB! WW ANT NX IV [VESSB I VOY I SOU I LB4 I RTM ANT HAM !IV| S« in 1 25? ,5/0 04/10 07/10 01/10 03/10 HTCBOUL 3261 30/08 23/01 29/01 26/ OB 17/09 API AGATE 022W 11/09 11/10 04/10 05/10
      1,389 words
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      712 55 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HUVY LI FT SERVICE" VOY HEIGHT SIN LBC MAO MIA SAV BM ORF NYC NEW MOB ITARONGA AHOI9 400 Tom 6.3 M 25/09 25/10 02/11 05/11 07/11 09/11 10/11 12/11 UTTTWTT" TAJKO AHO2O 400 Tons 6.3 M 11/10 09/11 17/11
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      806 56 mtOKOMW TA WWTOJUM CHAMNQ JAKAWTA/FAWJANQ I VQT luw _m mt? lch VESSa I vot I sw it rm WfIIAIHUM 3 SIX 16/09 20/09 19/09 ITIWIfi Si MY' 027 17/09 20/09 IfTHA IHUM" 3S3M tf/09 20/09 21/ Of "ftf""* M 7J7 Hwi 5v5 rtmi~ MJffllll 11L IMB 2109 SHMtAMAMI ill !M?
      806 words
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      407 56 TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK t CONTAINERS 14 DAYS FREQUENCY rose wiw i« jm na smqi m sm<7) mm ait lit L r w in in TASMAN CAMFAJGMI *****4 07/W 04/W 07/W 01/0* 14/W 11/09 07/10 04/10 W/10 17/10 13/10 14/10 IS/10 14/10 lASMAN anJSAOa *****; 71/W 73/W
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      53 59 sS YANGON See Page S Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD COCOS CHRISTMAS ISLAND I ADAM PARTEM WESTERN AUSTRALIA WrlTO W VIII tfII Turn to Page 8 Daily TURN TO Page 7 m flu ASSETS ASSETS SHIPOWNERS MANAGERS PTE LTD NTL NAIGAI TRANS LINE
      53 words
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      53 60 JSX jfifoman, lines n I ini »o#7T«w VOL m B pwu ret sin pmij no IBmI crnr om hou loot wm STONfWALL JACKSON 01 11/09 21/09 03/10 76/09 02/10 29/09 17/09 1 31/10 04/11 11/11 10/11 12/11 GtBM ISUMD 37 16/10 04/10 15/10 16/10 17/10 17/101 16/10 HJ| 20/11 24/11
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      55 60 €B\ &AmmiiiT *ETROPORT SHIPPING SDN. BHD. I SINOKOR MERCHANT Imkthoportl w, i<*» i»fo«o«. ***** r«i ki«* m»w Dor* Eb««. *oJoys«. MARINE CO., LTD. hssSsad 73 /47U f 60T 247 e eyDAOT FARWIDI SNIPPING AGENCIES PTE LTD EXPORT 221-U22 (S lines) fas 226 1514 CT: CHOYAHG PHI: PORT KLANG USN: ULSAN
      55 words
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      53 60 SHIPPING* WAREHOUSING tot am: Singafu we I blading IXul> M<m to Sal (BATAMINIX) l/III) Aixepting HlX\¥TventKWial/Pn>(ect/HeaN> Ijfi ("jrgo Reefer Container linton: Singapore lauding Miwt Wed &Hi (BATAMINIX) II) Accepting HnX'iwtvenuonal/Ptmect Heavy Lift Cargo let 227 0322 Fox: 222 9330 BatamiMlo Shipping t Worehowsmg Pit Ltd Ik Kapfal lad tnfaif f«|M
      53 words
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      1076 61 SSAMUDERA SHIPPING LINE LTD 72 Anton Road, #06-01 to 03, Si*|i|Mr* *****1 MAIN UNI/OUTWARD: 532 3*U INWARD (MO): 437 2360 IMPOST STATUS (DID): 437 2371 INVENTORY (DID): 437 2420 WvfcsJt* bttp://www.sM*4*ra.<o<ii CR NO. 1C*****0000H BOOKINGS UNE: 535 6266 (Celio/Jessico/Mei Chon/Joslynn/Doro/Yvonne/Honim) EBH9OBH 8 SLGS/WEEKLY [SIEMBSISBM 3 SIGS/WEEKLY IWW I Si JAR
      1,076 words
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      948 61 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO *6 sm *th» tw roo aw km hai wn ore sav niw tam hqu hokwmwirva /ms<—nm__azoj_ju/it,_O3ZlQ i?/iq qq/iq 19/10 77/10 17/11 n/n 22/11 ?$/n 29/11 os 12^ HQWjj MB /ma liZliL _20ZU--23/lfl 25/10 04/11 30/10 11/11 14/11 09/12 13/12 14/1? 17/12 H/1I
      948 words
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      547 61 \*gm EN6 LEI SHIPPING CO PTE U» I I W: SIMIM (10 liNtl Hi SIMUt/SJUHI I I T a i>! istmiUMC I VESSU VOT SIN ETA SIM ETC) MSTIIUTKM Unwi Stt 3? 12/00 13/09 15/09 Dumo DwDimi 16/00 15/09 16/09 Duma T Boru Burton UmonSnl? 9/00 15/09 16/09 Banpucsr UngJJo»c
      547 words
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      627 62 VESSEL VOY SIN MAA SIN TIGER STAR 834N 16-17/09 22 25/09 29 30/09 TIGER RHYTHM 835N 20-21/09 25-27/09 03-04/10 TIGER BRIDGE 836N 23 24/09 »02/10 06-07/10 TIGER METRO 837N 27 28/09 02WI0 10-11/10 TIGER STAR 838N OWJB/10 12-13/10 TIGER RHYTHM 839N 17-18/10 IVESSE^^^^VO^^SIN^CALSIN| XPRES RENOWN 395 15-1&09 22 25/09 (XHM/10
      627 words
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      1171 62 rSS" FREIGHT LINKS EXPRESS PTE LTD 51 Penjoru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg WEBSITE: www.freighHinks.net FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO (CONVENTIONAL RORO) Lawrence Lim *****78, H/P: *****977 krwrenceOflesin.com.sg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT: CLEMENT CHUA 9688 5404, VINCENT
      1,171 words
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      1138 62 Website: http://mnww.ood.tom Vj/' m/auim l«—rl S» i£| (HI M(N NYC HOU I l rt MM SttHOUOI LO Sff 00QCAUHXHU4K3I 20/09 04/10 11/10 12/10 12/10 11/10 5£ 22! 2^2 00Q HE* TOW 0K39 27/01 11/10 11/10 11/10 11/10 11/10 £2 ?i2 2/?! QOCLJAWN4SE4O 04/10 70/10 2VIO ft/10 24/10 2VIO B 00tUA*H1<W34
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  • Page 63 Miscellaneous
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      135 63 LEGEND: Issued by Meteorological Service Singapore RI Thunderstorm A Showers Rain Temperature Wind direction and speed in knots /-i m n Weather Cloudy Day CX u, 7U 7 Sea Conditions Wind speed symbols I g <1 2m O Full circle w/o line indicates calm or light and variable winds L__-J
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      109 64 p FAR EAST WEST AFRICA TRADE Increase on Emergency Bunker Additional (EBA) to USDISO TEU The under-mentioned shipping lines operating in the Far East West Africa trade wish to inform the Trade that the Emergency Bunker i Additional (EBA) will be adjusted to USD 150 per TEU applicable for all
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