The Business Times, 21 September 2000

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Total Pages: 50
1 50 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial .com.sg/ THURSDAY, SEPTEMBER 21, 2000
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  • 71 1 sn 2,0015* (-7.83) BT-SRI 788J9 (-9.43) ST INDEX FVTUKES 2,***** (-12.00) SHESCXFUTTJBES MOJO (-2.90) STOCK HABKET INDICES Wednesday Change KLSE OOMP 710.04 +&51 NIKKEI 226 16,45&3t—+334.12 HANG SENG 15,665.62 -11.58 SET INDEX ***** -4.93 JAKARTA COMP -5.78 MANILA COMP _1,434.77 +1054 TAIPEI WPI 6,880.09—+145.19 SEOUL COMP 606.08 +34.91
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  • 77 1 POBEX BATES LSS S$ USS 1*46 £(US$/S$ per 1.410 1460 EUROfUSS/SS/E) 0.849 1.481 DM 1304 1.320 YEN 106.7 6110 RM 3.800 1177 HKS 7.798 4.468 BAHT 4153 24.36 RUP1AH 8,745 5,010 *Sf to 100 units PMME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA MM BANGKOK J.60 MANILA 11.00 HONGKONG
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  • 1009 1  -  Plan to encourage outstanding city architecture being fleshed out By] Marissa Chew [SINGAPORE] Not just clean and green, but also the first city that comes to mind when people talk about memorable cities. That's what the Urban Redevelopment Authority seeks to achieve by waiving
    SIEW YAW HOONG  -  1,009 words
  • 502 1  -  Hy\ Serena Ng [SINGAPORE] The ranks of million-dollar earners rose by 5 per cent to 785 in 1998, latest figures from the Inland Revenue Authority of Singapore show. Though that brought the number of millionaires to a record high, the rise
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  • 609 1  -  Electronic contract manufacturers expect US demand for components to rise By David Boey [SINGAPORE] Electronics manufacturers here cheered the latest news that trade barriers between the United States and China would soon be lifted, saying that the development would raise
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  • Page 1 Advertisements
    • 101 1 wsmE BT Comment Technology: Gotta have a broadband frame of mind. Next Page Sydney 2000 Jk j 1 Pieter van den Hoogenband (top) yesterday toppled Russian great Alexander Popov as 100 metres freestyle champion, ending his 8-year reign. Pg 24 Top Stories SGX in talks to put bond trading online
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    • 272 1 City with a view URA's plans for a more memorable cityscape I t tfin !f" Design Guidelines Waiver Committee to review designs which deviate from existing guidelines. A, |9 IUK&V Headed by Milton Tan. head of Department of Architecture at National University of Singapore. rf9 J 1 Total of 23
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    • 25 1 US-China ties on firmer footing, Pg 13 HK set to gain from China's WTO entry, Pg 13 Editorial: When China joins the WTO, Pg 14
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  • NEXT page
    • 810 2  -  New suppliers to end electricity retail market monopoly, says B6 Yeo By\ Eugene Low [SINGAPORE] Large industrial and commercial consumers of electricity, which have been hit by the rising cost of power brought about by high oil prices, will
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    • ON THE grapevine
      • 99 2 MR Hewlett and his founder partner, Mr Packard, must be turning in their graves. If they're not, they should be unless HP can convince us they've been using recycled paper. An invitation to their launch of a new WAP phone came in
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      • 122 2 DID you wonder why different companies have suddenly been tying red hearts on trees around town? Did you think companies like Singapore Power, Daikin and City Cab are saving on their promotion spending by having a similar theme? Well, they are actually sponsors of a
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      • 108 2 WE'VE just been informed by the Singapore Tourism Board that a lucky young miss by the name of Mohanraju Sindhu, who lives in Jakarta, has won the holiday of a lifetime. The grand winner of the STB's Millenia Mania Visit Singapore campaign will be treated with
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    • 580 2 Rising fuel costs could dampen global economy: IMF Reuters AP [LONDON] Oil prices vaulted to another 10-year high yesterday prompting the International Monetary Fund (IMF) to warn that rising fuel costs are casting a shadow over the global economic outlook.
      Reuters; AP  -  580 words
    • 604 2  -  Mill TECHNOLOGY All the incentives won't count for much if service providers see broadband as just faster Internet access kenneth james Scott McNealy, the irrepressible head of computer giant Sun Microsystems, wanted to make a point about personal computers, and he did it
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  • TRIAL bob hasan
    • 781 3  -  Suharto crony accused of embezzling millions in state fonds through forest project scam From\ Shoeb Kagda in Jakarta INDONESIA yesterday put on trial Mohamad "Bob" Hasan, reputedly one of the New Order's most visible symbols of corruption and abuse of power. A close
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    • 684 3 From truck driver to timber king, golf buddy to jailbird? Reuters TIMBER tycoon Mohamad "Bob" Hasan, who went on trial yesterday charged with corruption, will probably never play golf again with his famous partner, former President Suharto. Hasan faces the possibility of life behind bars and the
      Reuters; PHOTOS: AFP  -  684 words
  • Page 3 Advertisements
    • 139 3 >i 4 BgSMk r m Mr WF 1 mam i" You can't reach new heights in todays eßusiness world unless you get all your ducks in a row. You need integrated i networks that let your employees, partners, suppliers and customers work together. And all their different operating I *WJ
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  • SINGAPORE companies
    • 298 4  -  He explains plans to enhance shareholder valne of merged entity By] Kalpana Rashiwala DBS Land president and group chief executive officer Ed Ng has sent letters to shareholders explaining the merits of the proposed merger with Pidemco Land. The seven-page letter in
      FILE PHOTO  -  298 words
    • 646 4  -  BTrmTTE™ Nasdaq-listed financial services network plans to list SGX products on its electronic platform By' Toh Han Shih GLOBAL electronic financial network eSpeed says the Singapore Exchange is discussing a partnership to put its bond trading online. "We aim to list SGX
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    • 963 4  -  HOCKIBHIMtWI kalpana rashiwala THE latest reporting season has confirmed the lacklustre state of the residential property market in the first six months a confirmation that is at variance with the brave front that many developers had been putting Gti since
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    • 415 7 Opportunities to generate the revenne abound, says GEO Montefiore Bloomberg MOBILEONE Asia Pte (Ml), Singapore's No. 2 cellular phone operator, said it expects revenue from non-voice traffic such as data and the Internet on its mobile phone network to rise
      Bloomberg; FILE PHOTO  -  415 words
    • 415 7  -  It earned $l&sm last year, plans to nse fonds to expand By' Vivien Ng CONSTRUCTION firm Sim Lian Group will use the proceeds from its initial public offer this month for expansion, two new factories and upgrading machinery. The mainboard applicant yesterday reported
      415 words
    • 210 7 PRIMA said its board of directors is satisfied that the group's system of internal controls in relation to corporate treasury activities is adequate and that the corporate finance team which manages the group's liquid assets is professionally staffed. The company had recently announced that
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    • 237 7  -  By I Serena Ng E-BUSINESS solutions and services provider Novasprint has received in-principle approval to list on the main board of the Singapore Exchange. The company, set up in 1995, develops and implements solutions to help transform traditional business processes of
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    • 554 8 Performance for year ended Jane 30 a reversal of previous corresponding period's £43m loss Bloomberg [LONDON] Canary Wharf Finance pic, which is linked to Singapore's Pidemco Land and Hotel Properties, has posted a profit amid record rental incomes and its most
      Bloomberg; FILE PHOTO  -  554 words
    • 483 8 Bank of East Asia, HKCB Bank and 3 others vying for it Bloomberg [HONGKONG] Bank of East Asia Ltd said yesterday that it and four other banks reached the second round of bidding to buy First Pacific Co's controlling stake in
      Bloomberg  -  483 words
    • 140 8 AFX-Asia ASIA Pacific Breweries said its 76.63 per cent owned unit DB Group Ltd has agreed to sell its 100 per cent stake in Corban Wines Ltd to Montana Wines for a total consideration of NZ$l54 million (*****.4 million). If approved,
      AFX-Asia  -  140 words
    • COMPANY Briefs
      • 97 8 LEONG Hin Holdings reported a smaller loss of $444,000 for the half year ended June 30, compared to a loss of $1.4 million a year earlier. This was despite an 88 per cent jump in turnover to $11.9 million. The main culprit was depreciation and
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      • 60 8 SUPERBOWL Holdings reported a 10 per cent drop in profits to $2.3 million for the half year ended 30 June. Turnover fell 6 per cent to $18.3 million. Earnings per share fell to 1.43 cents from 1.59 cents. Net tangible asset backing per share rose
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      • 89 8 BRC Asia's profits for the half year ended 31 June dropped 33 per cent to $7.3 million, as turnover fell 15 per cent to $50 million. The company said it was affected mainly by the contraction in construction activities in Singapore and Hongkong. Earnings per
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      • 130 8 BRIERLEY Investments, an international investment company with a primary listing on the Singapore Exchange, announced that it will hold a shareholders' briefing in New Zealand on Oct 30, following the release of its 2000 annual results in Singapore recently. A complete presentation on
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    • 721 9  -  It is keen to boost investment banking, treasury operations in the Republic Fromi Chuang Peck Ming, Siow Li Sen in Singapore DUTCH bank Rabobank, which will put its restricted banking licence in Singapore to use next month, is set to expand in
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    • 485 9 Philippine technology startups like Fastech find it easier to raise money offshore Bloomberg [MANILA] Fastech Synergy Ltd, a Philippine semiconductor maker, marks its first year on the Singapore stock exchange in eight days, vindicated in its decision to spurn its home market
      Bloomberg  -  485 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
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  • SINGAPORE markets
    • 554 6  -  STOCKS ven sreenivasan SINGAPORE stocks fell for the 12th straight day on thin volume as investors stuck to the sidelines amid uncertainty on the global and regional macro-eco-nomic fronts. Traders contacted by BT seemed more preoccupied with the Sydney Olympics
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    • 198 6  -  WARRANT WATCH By 1 Ven Sreenivasan THE Keppel Telecom Transportation warrant fell six cents or 6.2 per cent to 91 cents yesterday on volume of 41,000, as the underlying stock fell nine cents or 4.8 per cent to $1.80 on volume of
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    • 257 6  -  HOT STOCK By\ Ven Sreenivasan ST Engineering stock was actively traded yesterday amid renewed optimism the company will clinch at least part of a lucrative contract to supply infantry vehicles to the US Army. The counter rose as high as $2.48 before ending the
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    • 143 6 W w** l, imk wgy <T' ppg^f ♦AEROCEAN Group announced that AOE Freight, a wholly-owned subsidiary of the company, has on Sept 15 subscribed for one share of HKS1.00 for cash at par in AOE Consolidations Ltd* a company incorporated in Hongkong. The main activity of ACL is
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    • 345 6  -  CURRENCIES larry wee THE hapless euro and Australian dollar were again forced to new lows versus the Japanese yen, the greenback and the Singapore dollar in Asian trading yesterday. But a sharp 3.7 per cent recovery in the tech-heavy
      Source: Reuters  -  345 words
    • 514 6 Stock* Volume STEngg 10c 7,020,000 SingTel 15c 5,919,000 Cytech HK5c 5,334,000 DBS Land 4.972,000 Chart Semiconductor 26c 4,823,000 TTInt15c 4,004,000 NOL 4,159,000 Eastern Asia 3,060,000 JSHUS5C500 3,363,500 DBS Grp 3,105,000 Stock* Chart Semiconductor 26c 62,795,200 DBS Grp 61,799.611 SPH 46,699,295 SIA 29,910,000 VeritureMfg25e 21,501,594 PacificCentury 10,655,500 U06 10,307,754 STEngg 10c
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  • Page 6 Advertisements
    • 145 6 How far would you go to lock in freshness? S Preserving your food shouldn't send a chill down your spine. Especially once you've discovered Whirlpool refrigerators. Packed with the freshest ideas, they now come with a free safe* too! Making it the safest way to keep your food under wraps
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    • 46 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the piospectus Investors must lead the prospectus The value of the units and the income from them may fall as well as rise Ql >1 '.SbAI
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  • Page 7 Advertisements
    • 119 7 JPb l Mercedes-Benz A- Class I AGE :lyear old OWNER :Ma Jenny Tay j ——4? OBSERVATION General condition is good S MEDICAL RECOMMENDATION: 5% OFF SERVICING I EVERY FRIDAY! i Thank God it's Friday! For a limited period, you can enjoy 5% off genuine spare parts and labour charges every
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    • 348 7 ISP '*'z 'a f H a| H| 9kk|9 .v\'B£^H|9M^s99^^»S9^Kr- j£S»9K^£H^BE jliiWßfn ggp uflßSVv* .'aBBBHHBBBBBBKBKIB snWr. -iaIHHMK ]-°W. Pick r^ > "*t«i vv« AM&wA* The 100 Best Investment Opportunities From All Around The World. The best 100 stocks in the world as identified by CMG First State Investments. That's what you'll
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  • Page 8 Advertisements
    • 244 8 2.9°10, (6 months'tenure, Ss3ooo min. deposit) The good news is, finatiQ's fixed deposit rate is higher than most out there. The great news is, it can get even higher. Thanks to our unique pooling system, the more funds we collect during the open period*, the higher the interest rate will
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    • 14 8 PROPERTIES The Straits Times Classified. Classifications 402 568. Buy H. Sell It. Find h.
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  • Page 9 Advertisements
    • 420 9 Al ,1M waiuauNn FJjj!• J mm t a,: workplace that offers corporate image "HouSnfl 1 with recreational facilities 5 f W* eB,at Choice corner units with full glass j Kampongubi Dt# p^ l ,si«v°- *> window for natural light view 1; Übj Minutes from Eunos MRT *E«*ie a T- *or
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  • MAIL bag
    • 788 10  -  Don M Ho, FCCA President of the S'pore branch of ACCA via Internet I REFER to your editorial "Auditing private companies" (BT, Sept 14). Audits do not normally raise passions, but the issue of abolishing the statutory audit requirement for unlisted private companies
      788 words
    • 189 10  -  Norbert Wardana I REFER to the letter "No value in audit of unlisted firms" (Mailbag, Sept 20) by Pamela Pang. As someone who has been in the auditing industry since last November, I agree with what she said. Most private limited SMEs see
      189 words
    • 555 10  -  Lai Hock Meng I REFER to the commentary "The CPF: Too much in propSept 19). One way or the other, all the residential properties in Singapore have to be financed and owned by someone. In the case of Singapore, the government and the availability
      FILE PHOTO  -  555 words
    • 278 10  -  Tan How Keng I REFER to the commentary "The CPF: too much in property?"(BT, Sept 19). I was indeed surprised and annoyed that Lee Han Shih considered putting CPF savings into property, mainly residential, a risk. The tremendous economic and social benefits
      278 words
  • Page 10 Advertisements
    • 37 10 3 what to tat > drink > buy > watch > haar > pluq into jfe,/ gyj^tendß V f V hang tough this weekend > Singapore sports exaggerated > the cell review > blaxploitation > tabla man > samuel I. Jackson > shopping demon michelle chia > house musk
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    • 17 10 [www.ocra.com I I TODAY©***-* tt. I lianhe laohao S'pore's investments in Shanghai an update IPTjtaiSnSi ±M^M *a&&
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    • 157 10 We welcome letters. E-mail us at btietterfssph.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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  • Page 11 Advertisements
    • 217 11 ;< *St i*\ mW L v.:^-• ;.l' v V^i.^ 1 'JilA^bß Why settle for the glitter of Taipei when you can soak up the glamour of Paris? Because you now can. With Citibank's double miles on more airlines (from now to December 31, 2000), there's a short cut to flying
      217 words

  • SINGAPORE news
    • 553 12  -  JTC: 'Key decisions' needed before merger of Arcasia, JTCi can go ahead By* Teh Hooi Ling ARCASIA Land, the Jurong Town Corporation subsidiary that develops high-tech industrial land, will invest a total of $450 million in new land and
      553 words
    • 341 12 ON your marks, get set, GO! Adopt a rubber ducky and you could waddle away with more than $1 million. BT's sister paper The Straits Times is the main sponsor for this year's annual charity duck race, in which
      GEORGE GASCON/ST  -  341 words
    • 222 12 TEN@SUFFOLK, a freehold apartment off Thomson Road, will be released today at an average of $945 per square foot. The project, developed by Hong Fok Corp, comprises 35 two-bedroom apartments and two penthouses. The two penthouse units and a ground-floor
      222 words
    • 265 12 SINGAPORE will strengthen its infrastructure for the franchise industry in order to develop the country into a major franchise hub, Minister of State for Trade and Industry Lim Swee Say said yesterday. Speaking at the official opening of Global Franchising 2000 a conference
      265 words
    • 291 12  -  Suez Lyonn&ise's water unit will help find oat how to up efficiency Vivien Ng THE Public Utilities Board (PUB) and French company Lyonnaise des Eaux will jointly carry out research to cut costs and find more efficient ways to manage water supply. The
      291 words
    • 351 12  -  By. Andrea Tan SINGAPOREANS are spending more at the doctors, according to the latest figures from the Ministry of Health. National health expenditure rose $200 million or 4.9 per cent to $4.3 billion last year, the ministry said in its annual report yesterday.
      FILE PHOTO  -  351 words
    • 231 12 SINGAPORE Airlines (SIA) is gunning for yet another in-flight service first. This time it is offering e-mail at 35,000 feet even when flying over water. SIA will conduct e-mail trials aboard two of its aircraft this year, making it the first airline
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    • 250 12  -  By. Audrey Tan SINGAPORE'S exports look set to hold firm in the months ahead, going by the data for re-exports and retained imports. The latest figures from the Trade Development Board (TDB) show non-oil re-exports rose 34.4 per cent year-on-year in August, continuing the
      Source: TUB  -  250 words

  • US-CHINA deal
    • 727 13  -  Passage of the trade bill removes an irritant and paves the way for China and the US to forge new relations in commerce and politics From] Leon Hadar in Washington THE Senate vote on Tuesday to grant Beijing permanent normal trade relations (PNTR)
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    • 734 13 WASHINGTON Bloomberg US companies are ready to take advantage of new opportunities for sales and growth in Asia, following the Senate vote to give China permanent access to US markets. The vote moves China a step closer to joining the World Trade Organization
      Bloomberg  -  734 words
    • 566 13  -  Frotni Quak Hiang Whai in Hongkong HONGKONG is all set to reap huge benefits from China's entry into the World Trade Organization, but the territory also faces new challenges in some industries which could put many out of a job, analysts
      AFP  -  566 words
    • 546 13 BEIJING Reuters CHINA has cheered the US Senate's approval of a trade deal as a potential new beginning for often tortured relations between the world's last major communist government and the foremost capitalist superpower. "We hope the passage of the Bill can
      Reuters  -  546 words
  • Page 13 Advertisements
    • 110 13 Editorial: When China joins the WTO, Pg 14 DANIEL ROTH "Premier" Exclusive Daniel Roth module. jMThe dragging retrograde hour hand advances 210* to return instantly to its point of departure before continuing its course. SINGAPORE THE HOUR CLASS Takashimaya SC. MALAYSIA THE HOUR CLASS Lot 10 Shopping Centre, Tel 734
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  • EDITORIAL & opinion
    • 769 14  -  mS!Sn±!i3j^M OPINION paul krugman The writer is a professor of economics at MIT and the author, most recently, of 'The Return of Depression Economics' NYT ALAS, poor euro! Europe's new currency, proudly introduced less than two years ago at a value of US$l.l7,
      NYT  -  769 words
    • 121 14 4 We had monsters that made the rest of the world's dinosaurs look like geckos.' Mike Archer director at the Australian Museum, on new discoveries that show that Australia was once a land of giants. 'What's behind it all is the mentality in this country that it
      121 words
    • 590 14 EDITORIAL THE resounding vote by the US Senate to normalise trade relations with China adds the finishing touch to what must be one of the Clinton administration's greatest foreign policy achievements: bringing China into the global trading system The repercussions of this will be profound,
      590 words
    • 1121 14  -  With so many competing plans for its reform, the fond could end np being an 'omnibus' vehicle By. Anthony Rowley The writer is BT's Tokyo correspondent A DESIGN for the "new IMF" will be launched in Prague during the annual meetings
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    • 823 14  -  COMMENTARY By Robert Samuelson Washington Post Writers Group THE World Bank recenUy issued a massive report on global poverty. The aim seems to have been to demonstrate that big reductions are possible, but it gives just the opposite impression: Large parts of the
      Washington Post Writers Group  -  823 words

  • MALAYSIA news
    • 504 15 KUALA LUMPUR Consumers won't be over-hardened by a cost shift of 10%: NEAC official AFX-Asia THE Malaysian government plans to reduce oil subsidies but not by "too large" an amount as consumers may not be able to absorb the
      AFX-Asia; REUTERS FILE PHOTO  -  504 words
    • 654 15 KUALA LUMPUR Pace slackening with SCTs relaxation of deadline to merge AFX Asia MORE Malaysian stockbroking companies are moving towards mergers, under the government's plan to consolidate the industry, although the pace is still slow, analysts say. On Wednesday, Berjaya Capital Bhd
      AFX Asia  -  654 words
    • MARKET moves
      • 94 15 BLUE chips rose on speculation the government may reduce some stock taxes. Investors also see that recent declines have made stocks cheap relative to their potential earnings. Tenaga Nasional, the largest publicly-traded company in Malaysia, rose 70 sen, or 6.3 per cent, to
        94 words
      • 57 15 Compiled from Bloomberg MALAYSIAN Airline System fell four sen, or 1.3 per cent, to RM3.04 over concern that it was taking too long to find a foreign partner. The Malaysia Business Times reported that the government had cancelled talks to sell a stake in
        Compiled from Bloomberg  -  57 words
    • 371 15 BERLIN It will continue to do so until the financial world declares forex trading to be illegal, he adds Bernama DESPITE the speedy recovery of its economy, Malaysia will continue to have selective exchange controls that were introduced two years ago. This
      Bernama  -  371 words
    • 410 15 KUALA LUMPUR He leaves at 9.30 am, his release lasts about an hour AP Reuters JAILED politician Anwar Ibrahim was released briefly from prison to visit his sick mother yesterday, the second anniversary of his arrest in what he claims was
      AP; Reuters  -  410 words
    • 356 15 KUALA LUMPUR THE market war among mobile phone operators has seen increased advertising expenditure by the companies in the first seven months, The Sun reported yesterday. Industry sources estimate that their advertising spending increased by about 70 per cent to around RM7S million (5534.4 million)
      356 words
  • Page 15 Advertisements
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  • REGIONAL news
    • 892 16 It is among dozens of big Indon companies that have never been so cheap in relation to profits, following a 37 per cent slump in the key stock index Bloomberg [JAKARTA] PT Astra International, Indonesia's largest car maker in which Cycle Carriage
      Bloomberg  -  892 words
    • 346 16 Reuters AFP [JAKARTA] The governor of Jakarta plans to call in the notorious Kopassus special forces to help restore security in the capital after a spate of unsolved bombings, the Indonesian Observer reported yesterday. "I will directly ask the TNI
      Reuters; AFP; AP  -  346 words
    • 164 16 MANILA Court awards Swiss deposits, deeming them ill-gotten wealth Bloomberg THE Philippine anti-corruption court, the Sandiganbayan, awarded US$627 million (551.09 billion) held in Swiss bank accounts by late president Ferdinand Marcos to the government after deciding the money was illegally acquired, the Philippine Daily Inquirer
      Bloomberg  -  164 words
    • 414 16 BANGKOK Bloomberg BANGKOK Bank Pel and other creditors of Thai Petrochemical Industry Pel (TPI) will take a 75 per cent stake in the nation's biggest chemical maker in exchange for writing off US$756 million (Ssl.3 billion) of unpaid interest, officials said. TPI,
      Bloomberg  -  414 words
    • 462 17 SINGAPORE S Korea was a major beneficiary, with a 6% rally led by Samsung Reuters NASDAQ'S nearly 4 per cent jump overnight propelled struggling Asian stock markets yesterday, boosting particularly hard hit Korean stocks. The Korean market put in a rousing performance, capped
      Reuters; REUTERS  -  462 words
    • 148 17 TAIPEI Bloomberg PRESIDENT Chen Shui-bian and Vice-President Annette Lu will forfeit half their salaries come January in pay cuts meant to symbolise the government's commitment to rein in a budget deficit. The cuts ordered by the Cabinet need only perfunctory approval from the
      Bloomberg  -  148 words
    • 313 17 HONGKONG Bloomberg HENDERSON Land Development, Hongkong's No 3 real estate developer, yesterday said its net income rose 7.4 per cent for the year to June, in line with expectations and reflecting healthy sales at two major residential projects. Earnings rose to HK$5.B billion (Ssl.3 billion),
      Bloomberg  -  313 words
    • 199 17 NEW DELHI AFP INDIAN telecommunications services remained disrupted for an eighth straight day yesterday following an unprecedented technical breakdown, officials here said. Telephone users in the larger Indian cities of New Delhi, Bombay, Bangalore, Madras and Calcutta were the worst hit following unspecified snags
      AFP  -  199 words
    • 702 17 Analysts take the reported cue from regulators to mean the Nasdaq-style board may be up by year-end Reuters [SHANGHAI] THE Shenzhen stock exchange has urged domestic brokerages to complete technical preparations for trading on a planned second board by Nov 1, and analysts say
      Reuters  -  702 words
    • 608 17 SHANGHAI Chong of Aberdeen shuns China B shares; he goes for HK stocks instead Bloomberg CHONG Yoon Chou, who runs the world's best-per-forming China fund, may have come up with the smartest way to invest in the mainland: Avoid Chinese stocks. Mr Chong,
      Bloomberg  -  608 words
  • Page 16 Advertisements
    • 57 16 jfe/"' Asia Miles Jf' ..v'. One of the most reassuring things about any airline is the modernity of its fleet. Ours is amongst the youngest in the world. »*f Which means we can provide the very best amenities and service for our passengers. And greater peace of mind. Hftgl Fly
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  • Page 17 Advertisements
    • 208 17 M-PLAS 2000 your competitive edge and keep up-to-date with the latest in the plastics and rubber industry. Y/f 1/ //eet and network with more than 150 f 11 exhibiting companies from 19 countries I! 11 showcasing the latest machinery, materials k jk and technology offering practical solutions y^B to your
      208 words

  • e-NEWS
    • 507 18  -  fiIEBEBa Popularity of devices like digital TV recorders, andio jukeboxes will boost hard disk drive industry Prom. Jennifer Lien in Silicon Valley THE beleaguered hard disk drive industry, long dependent on demand from a relatively mature PC industry, is poised for a lift from an
      FILE PHOTO  -  507 words
    • 242 18 MADRID It will control 30.5% of Spanish wireless phone company Bloomberg VODAFONE SA, the biggest wireless phone company, said it will pay about US$2.l billion (553.7 billion) in stock to buy another 8.5 per cent of Airtel, Spain's second-largest wireless company to
      Bloomberg  -  242 words
    • 400 18 WASHINGTON Move puts pressure on companies to make concessions Bloomberg AMERICA Online Inc's US$l42 billion (Ss24l billion) buyout of Time Warner Inc may be opposed as soon as this week by US Federal Trade Commission lawyers, putting additional pressure on the companies to negotiate
      Bloomberg  -  400 words
    • 254 18 BRUSSELS Reuters EMI Group pic and Time Warner Inc have made substantial concessions, including proposing to sell some record labels, in a last-ditch bid to win European Commission approval for their joint venture, an industry source said on Tuesday. The source
      Reuters  -  254 words
    • 215 18 AFP [WASHINGTON] Music and book publishers cannot stop the proliferation of their works over the Internet, and should embrace the new technology or risk losing billions of dollars, a market research group said on Tuesday. Forrester Research said music publishers could lose
      AFP  -  215 words
    • e Briefs
      • 56 18 Reuters [MINNEAPOLIS] Telecoms equipment maker ADC Telecommunications yesterday said it would buy Broadband Access Systems, a maker of Internet access software and hardware, in a U552.25 billion (553.9 billion) stock deal. ADC said the acquisition would help it take advantage of an expected surge in
        Reuters  -  56 words
      • 58 18 Reuters [LAS VEGAS] Compaq Computer Corp and electronic marketplace technology provider Commerce One said 011 Tuesday they would team up in a two-year sales and marketing agreement. Under the agreement, Commerce One has made Compaq its preferred hardware provider for computer servers. And Compaq will
        Reuters  -  58 words
      • 44 18 Bloomberg [TOKYO] NEC Corp said it will form an alliance with Intel Corp to jointly develop and manufacture components for computer servers in order to cut costs and ensure quality. The alliance will cover the development of motherboards. Bloomberg
        Bloomberg  -  44 words
    • 489 19  -  Deal valued at np to USsl.3b, could put pressure on already bruised stock From( Quak Hiang Whai in Hongkong CABLE Wireless pic, which sold its majority stake in the former Cable Wireless HKT to Pacific Century CyberWorks, was reported to be placing out
      AFP  -  489 words
    • 412 19 NEW YORK CEO hints at possible sale of the online financial news firm Reuters THESTREET.COM Inc warned on Tuesday that thirdquarter revenues would come in lower than expected, and chief executive officer Tom Clarke said he would consider selling the online financial news
      Reuters  -  412 words
    • 262 19 TAIPEI Bloomberg VIA Technologies Inc, the world's No. 2 chipset designer after Intel Corp, introduced its first products enabling the use of high-speed memory chips in computers based on processors from Intel and Advanced Micro Devices Inc. Via advocates double data rate, or DDR, memory
      Bloomberg  -  262 words
  • Page 18 Advertisements
    • 176 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
      176 words

  • Page 19 Advertisements
    • 26 19 Log on to www.asiaone.com ''latest updates o l Sydney 2000 Olympics™ *10,000 cash itimssssm The O'ympKS special on Straits Times Interactive is brought to you by
      26 words
    • 284 19 nilut.iiiiii 111 1 II I. M|| I■T I K 111 "SBB Wo¥M>fv > JJIgIB 5 I -<W- Wwm---JF®l &r a f "Wi B QE EC& m. a MPwm Wm M m HHHH j BIHk f m ;»JK i\vß I Mi ariii iStii WBL the way you manage your As your
      284 words

  • WORLD news
    • 544 20 WASHINGTON New peaks were reached with China, Japan, West Europe as oil prices swell AP Bloomberg THE US trade deficit soared to a record US$3l.9 billion (Ssss billion) in July as oil prices climbed to a 10-year high. The
      AP; Bloomberg  -  544 words
    • 559 20 PEOPLE Reuters LATWP [WASHINGTON] US anti-trust chief Joel Klein, who announced on Tuesday he will leave office at month's end, once quipped Microsoft founder Bill Gates makes more in a minute than he makes in a year. That one-lin-er is vintage Klein
      Reuters; LATWP  -  559 words
    • 474 20 TOKYO Reuters Bloomberg JAPAN yesterday decided on a fresh spending package of a relatively modest 3.5 trillion to 4 trillion yen (5557.1 billion to 5565.3 billion) to ensure the economy maintains its course towards recovery. The government will flesh out spending
      Reuters; Bloomberg  -  474 words
    • 461 20 Tokyo Recall will cost Honda Motor 2.6 billion yen Reuters HONDA Motor has become the third major Japanese company in the last month to issue an extensive product recall, warning owners of some 557,000 vehicles that they might have potential oil leaks
      Reuters  -  461 words
    • 400 20 TOKYO Reuters DAIWA Bank executives were ordered yesterday by a court to pay US$775 million (551.35 billion) in compensation for losses incurred through rogue bond deals by a trader in New York in an affair which rocked Japan's financial world
      Reuters  -  400 words
    • 28 20 [CHICAGO] Republican presidential candidate and Texas Governor George W Bush kisses talk show host Oprah Winfrey on Tuesday after appearing on her program. AP
      AP  -  28 words
    • 428 20 FRANKFURT But Nasdaq head won't confirm the 2 will make joint LSE bid: report Reuters NASDAQ will continue its talks with Deutsche Boerse following the collapse of the planned iX merger between the Frankfurt and London Stock Exchanges, the head of the high-tech US stock
      Reuters  -  428 words
    • WORLD Watch
      • 84 20 Bloomberg [PARIS] Total Fina Elf, the world's fourth largest publicly traded oil company, said it cut its stake in drugmaker Sanofi-Synthelabo to 33 per cent, raising one billion euros (5)1.48 billion) in the process. The French oil company sold 18.2 million Sanofi shares on the market
        Bloomberg  -  84 words
      • 89 20 Bloomberg [NEW YORK] Chase Manhattan Corp and J P Morgan Co agreed to a US$l.25 billion (5|2.2 billion) fee if either walks away from Chase's US$33 billion agreement to buy J P Morgan. The fee, disclosed in a filing with the US Securities and Exchange Commission,
        Bloomberg  -  89 words
      • 57 20 FT [LONDON] Countrywide Credit, the largest US independent mortgage lender, is considering selling the company, which could fetch as much as US$5.9 billion (5110.3 billion). "We are looking at alternatives," said Angelo Mozilo, the 61-year old founder and chairman of the company, though he declined
        FT  -  57 words
      • 64 20 Reuters [CHICAGO] Chicago Board of Trade directors on Tuesday approved a plan to cut one-third of its board as part of the ongoing restructuring of the member organisation into a for-profit entity. The plan would eliminate nine voting members from the board, including seven
        Reuters  -  64 words
      • 80 20 Reuters [LONDON] Chase Manhattan Corp, the No 3 US bank holding company, yesterday said its takeover of US commercial and investment bank JP Morgan would iikely lead to fewer than 3,000j0b losses worldwide. "This is not about massive lay-offs. This is about
        Reuters  -  80 words
      • 105 20 Reuters [LONDON] Britain's Thames Water yesterday said it was in advanced talks with a buyer willing to pay around £4.1 billion (Sslo billion), a move that could kick-start an anticipated consolidation in the sector. Britain's biggest water company did not disclose the bidder's identity but
        Reuters  -  105 words
    • 616 22 Evan Greenberg's abrupt announcement shocks Wall Street sets off father-son rift rumours NYT [NEW YORK] After building the most powerful insurance company in America over three decades, Maurice R Greenberg apparently wanted nothing more than to leave one of his sons in charge when
      NYT  -  616 words
    • 314 22 NEW YORK Bloomberg Reuters COCA-COLA Co won the latest round in the cola wars, persuading a federal judge to dismiss an antitrust suit brought by archrival PepsiCo Inc. "PepsiCo's brew falls flat," US District Judge Loretta Preska said in a decision on Tuesday dismissing
      Bloomberg; Reuters  -  314 words
    • 550 22 NEW YORK Gains from these more than offset slowdown in underwriting NYT ANYBODY who has wondered why the world's biggest banks have been scrambling for a foothold on Wall Street need look no further than the Goldman Sachs Group's latest earnings report. Goldman, one of
      NYT  -  550 words
    • 520 22 Liberal Democrats join call for Parliament to investigate matter The Daily Telegraph [LONDON] Britain's Chancellor of the Exchequer, Gordon Brown, faced a call for his resignation on Tuesday over claims that he lied about a £1 million (552.44 million) donation to the Labour
      The Daily Telegraph; REUTERS FILE PHOTO  -  520 words
    • 396 22 SEOUL Bloomberg THE South Korean minister who brokered a landmark June summit with North Korea resigned over a bank scandal, further straining a government already struggling to reassure sceptical investors it is serious about reforming debt-laden companies. Saying he does not want to
      Bloomberg; AFP  -  396 words

  • Page 21 Advertisements
    • 93 21 Rewrite the ruAes Forget the techno hype. Focus on profit and people. Change your 3G focus from just access to It spans from terminals and ready-to-launch To become a leader in 3G, join us in the profit-generating personal services and service packages to planning, management, Mobile Information Society. Visit us
      93 words

  • Page 22 Advertisements
    • 234 22 IN THE MATTER OF COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TOUGHEN ELECTRICAL PTE LTD NOTICE IS HEREBY GIVEN thai pursuant to Section 291 of the Companies Act Mr Winston Loong AC o 137 Market Street #13-01 Bank of East Asia Building Singapore *****3 was appointed the Provisional
      234 words
    • 318 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PINK ROSE INVESTMENTS PTE LTD (In Mambara' Voluntary Liquidation) At an Extraordinary General Meeting of the mentals of PINK ROSE INVESTMENTS PfE LTD. duly convened and field on 18 September 2000 al 10 00am. at Rooms
      318 words
    • 95 22 UTARA SHIPPING PTE LTD (In Members' Voluntary Windlng-Up) NOTICE IS HEREBY GIVEN that the Final Meeting of the abovenamed company will be held at 138 Cecil Street, #18-00 Cecil Court, Singapore *****8 on 20 October 2000 at 10.30 am for the purposes set out in Sections 308 and 320(3) of
      95 words

  • Page 23 Advertisements
    • 64 23 Why wait? Priority baggage handling means Star Alliance™ Gold members are among the first passengers to get their bags off the carousel. If you would like to become a Gold member, or simply learn more about Star Alliance visit us at www.staralliance.com STAR ALLIANCE The airline network for Earth! 0
      64 words

  • SYDNEY 2000
    • 777 24 While the US triumphs in the women's relay, US Open ace Safin falls in first round tennis and Bulgarian weightlifter is stripped of medal after drug find SWIMMERS Pieter van den Hoogenband and Inge de Bruijn led a triumphant Dutch charge at the Olympics yesterday, while
      777 words
    • 492 24 AP Reuters MALAYSIA staged a remarkable sec-ond-half comeback to snatch a 2-2 draw with Britain in their men's Olympic hockey Pool A match yesterday, ending any chance Britain had of making the semi-finals. The defending champion Netherlands easily beat dark horse Canada
      AP; Reuters  -  492 words
    • 597 24 Defending champion Perec is a reclusive while Freeman has a public persona including kindling the Olympic cauldron AP ONE has prepared for their 400-metre showdown by hiding from teammates, coaches and reporters. The other performed the most public act imaginable,
      AP  -  597 words
    • 461 24 The 19-year-old Indonesian was convincingly beaten by China's Ji Xinpeng in quarterfinals Reuters AP TOP seed Taufik Hidayat crashed out of the Olympic badminton men's singles at the quarterfinal stage yesterday when he was convincingly beaten by China's Ji Xinpeng 15-12 15-5.
      Reuters; AP  -  461 words
    • 204 24 Medal tally as of Wed, Sept 20 601P Sttffi BRONZE TWH United States 10 t 6 23 Australia 7 8 7 22 France 6 7 3 16 China 6 4 7 17 Italy 4 2 6 12 Russia 3 7 6 16 Germany 3 4 4 11 Japan
      204 words

  • FINANCE & commodities
    • 316 25  -  SGZ Derivatives Trading/fepor/ ST Index/MSCI S'pore Index Chan Yet San THE Straits Times Index declined again yesterday, by 7.83 points or 0.39 per cent to close at 2,006.59 points. Within the index, 24 counters advanced while 20 declined and 11 remained unchanged. The MSCI Singapore
      316 words
    • 240 25  -  MS& Taiwan Index Chan Yet San THE Taiwan stock market ended its three-day decline yesterday on the back of a strong rebound on the Nasdaq overnight. The MSCI Taiwan Index gained 7.45 points or 2.48 per cent to close at 307.48 points. Trading volume
      240 words
    • 207 25 Reuters (KUALA LUMPUR] Malaysia's rubber market was mosUy deserted yesterday after recent deals, but sellers believed prices could still go higher because of the tight supply, traders said. The Malaysian Rubber Board quoted October RSSI buyers at 255.0 sen a kg, up 1.5 sen
      Reuters  -  207 words
    • 330 25 Reuters London THE euro dived to record lows against the yen and the Swiss franc yesterday as its already frail sentiment was shaken by a third monthly decline in Germany's key IFO survey. The softer-than-expected survey of Europe's leading economy was the latest negative blow for the euro,
      Reuters  -  330 words
    • Article, Illustration
      1261 25 INTERBANK CROSS RATES Sep20 AS C$ RnX» Euro Ffr Dm HK$ Ind»sBuptah Yon Won BM H2S Pak Bs Peso gjg Sfr MT$ Bafct Powd US$ Australia 0.798 4.470 0.635 4.162 1.241 4.200 24.894 47.096 0.575 6.057 2.046 1.318 31.088 24.729 0.940 3.920 0.958 16.859 22.907 0.382 0 539 Canada 1.253
      1,261 words
    • 1896 25 glCOMPOTPRBS Sep20 RUBBER (futures dodnq as *t SJOpm) RSS1 CONTRACTS ceotsAq) CtOM VotaMW Open Month Hkgfc Low Sott (toiwoi) hrtereyt Oct 00 114.25 Nov 00 116.00 OK 00 117.25 Jan/Mar 001 120.50 150 RSS 3 CONTRACT (US c«ts/k0 VolMM Open Monti Hlqli Low Sott (tomes) Interest Oct 00 65.75 6475
      1,896 words

  • STOCKS east asia
    • 2849 26 BON6KON6 AFP -ILSB P Hang Seng -ILSB HONGKONG share prices dropped 0.1 per cent yesterday as late selling reversed early gains, dealers said. The key Hang Seng Index lost 11.58 points to close at 15,665.62 on light turnover of HK$B.O6 billion. Dealers said
      AFP  -  2,849 words
    • Article, Illustration
      1058 26 FlStenrhftnß Index +&57 CHINA'S B shares reversed morning losses to close up slightly yesterday due to light technical buying in the afternoon sparked by news the US Senate had approved permanent normal trade relations (PNTR) with China. The Shanghai B share index ended up 0.83 per cent at 63.78
      Source: Credit Lyonnais Securities (Asia) Ltd  -  1,058 words
    • 377 26 AFP QWF Index +145J9 TAIWAN share prices closed 2.2 per cent higher yesterday as investors went bargainhunting for financial and traditional industrial shares, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 145.19 points to 6,880.09 on turnover of NT5102.62 billion. Risers led decliners 416 to 146, with
      AFP  -  377 words
    • 2013 26 TOKYO AFP Q Nikkei 225 ****** SHARE prices in Tokyo rallied 2.1 per cent yesterday as investors snapped up high-tech issues following a Nasdaq rally, brokers said. The Tokyo Stock Exchange's Nikkei--225 index gained 334.12 points to close at 16,458.31. The Topix benchmark of
      AFP  -  2,013 words
  • Page 26 Advertisements

  • STOCKS klse
    • 430 27 AFP Q Composite Index +&5 MALAYSIAN shares ended 1.1 per cent higher yesterday as local investors bought selected blue chips, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 8.51 points to finish at 750.04. The Second Board Index feU 0.15-point
      AFP  -  430 words
    • 9273 27 INDUSTRIALS Consumer products 2000 Last vol Day Mat Cap Mjft Law Company »a*e ■OOP m> L— Ptl >1 420 310 AJInomoto 350 19.1 141.9 158 55 Angkasa 55 -1 6 55 55 81.1 670 290 Apollo Food Hlg 440 unci! 1 440 440 9* 176.0 3725 2700 BAT SOC 3375
      9,273 words
  • Page 27 Advertisements
    • 44 27 I Nrptune Ortrni I Jim Limit rd M I IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu 1800-741-1883
      44 words

  • SGX clob & regional stocks
    • 2816 28 BONDS A WARRANTS Sep 20 ■t «ntt fnmj U*y 2SM t Laat IM Bay fH Ctm bar Mk Mta M# LM Ma w COM) N# la» Mr» later Mn laMatts) Kate Prtt» 6—r**2 Lafl SIS 7 Acma W*****4 __7.5 unch 265 8 7 6.5 7.5 8 41.0 1 300 258
      2,816 words
    • Article, Illustration
      753 28 AFP D SET fate -U3 THAI shares closed down 1.7 per cent yesterday because of continued selling of blue chip stocks by foreign investors, analysts said. The Stock Exchange of Thailand (SET) Composite Index fell 4.93 points to 282.23 and the SET 50 was off 0.43point at 19.44. Decliners
      AFP  -  753 words
    • 266 28 AFP Q Composite Index +1034 PHILIPPINE share prices rose 0.7 per cent yesterday, with the Philippine Stock Exchange Composite Index up 10.54 points to 1,434.77. Turnover fell to 451.64 million shares worth 707.55 million pesos from 887 million shares worth 731 million pesos on Tuesday.—AFP Sap 20 (000) MRCAItod
      AFP  -  266 words
    • Article, Illustration
      692 28 AFP Qftmporite Index -5.78 INDONESIAN share prices closed 1.4 per cent lower yesterday on profit-taking led by cigarette-maker Gudang Garam and pulp and paper firm Indah Kiat, dealers said. The Jakarta Stock Exchange Composite Index closed down 5.78 points at 419.35, off a high of 428.45, on volume of
      AFP  -  692 words
    • 268 28 AFP QNZSE-40 -L 22 NEW Zealand stocks slipped 0.1 per cent yesterday in light trade, dealers said. The NZSE-40 Capital Index was down 1.22 points at 2,012.79 on turnover of NZ$73 million. Craig and Co broker Matt Willis said bargainhunters were taking advantage of previous falls. AFP s«»m «s
      AFP  -  268 words
    • 558 28 AFP Reuters BAP Ordinaries +18,3 AUSTRALIAN shares rose 0.6 per cent yesterday following two days of losses, with banking and telecommunications stocks leading the recovery, brokers said. The benchmark All Ordinaries index rose 18.3 points to 3,206.5 and the SP/ASX 200 index gained 18.0 points to 3,254.7. Volume stood
      AFP; Reuters  -  558 words
    • 310 28 AFP Q Composite Index +34J)1 South Korean shares surged 6.1 per cent yesterday. The index rose 34.91 points to 606.08. Volume was 336 million shares worth 2.3 trillion won. —AFP Sa»20 A nam Sami 8100 500 Brain T*ch 750 30 Centra Ban* 640 unch ChwIComm ***** 3600 Dm Gu
      AFP  -  310 words
  • Page 28 Advertisements
    • 55 28 JL?£Zii££JL j' Wo UM u rt IPO. Shares. Bonds. Stocks. Annual Reports. < W I Whatever you're offering, we help you reach out BpW^M mm 11 I to 86.7% of all adults in Singapore daily. j I j J T J V-1 hunMaoul The Straits Times The Business Times Lianhe
      55 words

  • Page 29 Advertisements
    • 1253 29 jmrn* "llfoad SntePMM MtXtSOWMOfIE Co■»■»»»OOTBETTgl Cam»«VW Name OWSTY LAU Name GARY LOW AeaGroup:l2- AaGno Ul9 19Bjtxxjo«joi 0-CBKMi tvFOHMATOMEASVTO THAN FORME RSYSTEM Parser 11 HTfcHfcS I rsJG.SA* Aee Group JO 29 2S Gendar:Maie i Sjiu^rojßPart BLK XXJ GETUKE Sender PA< Una IMRI MONEY Hainan ramMa "a-irlir f IMb Comments-KEYFAD EottttwwTHSßA AEATVEARNSOOMIOO
      1,253 words

  • 9631 30 SGX MA1NB0ARD Transaction date: Sep 20 Gr Qf M wt 92-Wk Lilt Vol Day Lilt Ouota Dtv Dtv YM Not Co# Avg HH> L— C— >—y I* rooo) Hlffc U» Tw Cw Ptl tmm Ww MULTI-INDUSTRY 163 85 m c Acmo50c M 1.5 399 69 85 85.5 M
    9,631 words
  • Page 30 Advertisements

  • EXEC lifestyle
    • 1024 31  -  The play Wit explores the messy business of living and the messier business of dying, painfully. Parvathl Nayar writes about Margaret Edson's exciting debut Parvathi Nayar W_ a ueDui creative attempt hits the jackpot there's a visceral thrill to it, whether it's Arundhati Roy and
      1,024 words
    • 542 31  - Pump up your heart the healthy way NATIONAL HEART WEEK Heart disease causes one-quarter of S'pore deaths yearly By John Gee NOBODY seems to pass much beyond childhood without losing a relative or family friend to heart disease. It's not surprising. Of some 16,000 Singaporeans who die each year, nearly
      542 words
  • Page 31 Advertisements
    • 161 31 111 VVI m \l 1 «B BB V M k§. I fi I B B Tanya's done us proud with her j^B »w music achievements. Her second B^^:; I M BB Chinese album, Remember, made I it to the No. 1 spot within the first m I I^H^FIfIJMB BB week
      161 words

  • Page 32 Advertisements
    • 461 32 Where to wine, dine and (o>&ar r > v? 1 HOTEL GRAND CENTRAL LIMITED 22 Orchard RoacVCavmagh Road. Singapore *****7 ITafc 737 9044Ext40CVQ2 Fax:*****75 Select from our extensive a la carte buffet menu featuring 60 superb Sichuan and Cantonese gourmet delights. Lunch: #25.80 (Adult), 40% discount (Child) Dinner: #26.80 (Adult),
      461 words
    • 58 32 A Taste Of Tuscany I ITALIAN FOOD WINE PROMOTION 14 24 September 2000 Ami Enjoy Italian dining at its gourmet best by Chef Gianni Malagoli ■•J k of Genoa at Top of |£L the *M* Revolving BnJ Restaurant. Reservations: B| *****88/58 Popular demand! i m **«•*>•«■ ■lIITVI 333 Orchard Raid
      58 words
  • Page 32 Miscellaneous
    • 998 32 fli Tn; Owtrtl 11-30 The Last Don. flkMMl NawiAiia 1.00 PM Olympics: LunchI i nvm r o „,p o ,l 2 am Planet Ex. 6.00 AM Headlines. time Update. 9.00 AM Kids Central. Sesa- LOO AM Thursday Late ®.02 Asia Bevond (r). L3O Olympics: Badminton Y* n iam Night Movie:
      998 words
    • 278 32 CBYPTIC CROSSWORD ACROSS 5 Good chance, it's said, to be be--1 Merry little woman on the bottle lievable, gangster concluded (6) (10) 4 Did not take the long view (8) 6 Large number freety tarry with 9 Rodney comes from over there victim (6) (6) 7 Hotel that"s blue on
      278 words


  • BY DESIGN
    • 937 34  -  Shopping for furniture and accessories at John Erdos Gallery is an enjoyable experience for ooßoms berk CORINNE KERK THE quirky mix of temples, old apartment blocks and crumbling shophouses in Kim Yam Road is hardly a place one expects to find a furniture and home
      937 words
    • 495 34 New homes for sale DEVELOPER/OWNER DISTRICT LOCATION SIZE TOTAL UNITS NO OF PRICE TENURE (sq ft) LAUNCHED UNITS SOLD psf) Queens Allgreen Prop 3 Stirling Rd 914-2,723 536 306 760 99-yr River Place FEO 3 Havelock Rd 678-3,229 509 395 950 99-yr Caribbean at Keppel Bay
      495 words

  • COMMERCIAL PROPERTY
    • 787 35  -  The URA is gathering feedback on how this can be achieved for S'pore, reports mabissa chew MARISSA CHEW THE Urban Redevelopment Authority appears to have designated 2000 as the year for Singaporeans to shape their environment this time round, the planning authority wants ideas on how
      787 words
    • 397 35  -  DP Architects' proposed design embodies the landmark status By Marissa Chew DP Architects could well be the first firm to enjoy a freer hand in design when the Urban Redevelopment Authority puts in place its plan to encourage innovative architecture. The firm is
      SIEW YAW HOONG  -  397 words
  • Page 35 Advertisements
    • 248 35 M Jones Lang I XM/J LASali e. I wmKKMSMmm 12-22 Hawkestone St 1 Wellington, New Zealand I An Investment Govt. Lease to 2008 I boosted by low NZ$ Double Digit Net Yield I CBD Investment 6000 m 2 Office Tower I Offers Close: 27 Oct. 2000 at 4pm I Tim
      248 words
    • 80 35 FOR SALE BY TENDER 331 YIO CHU KANG ROAD ~wm New 3-storey building with roof terrace and commercial space on ground floor/ M basement Ideal for retirement care home and elderly care home 999 years leasehold 1m GFA 1.834 sqm approx |y. Ji M Site Area: 1,008 sqm approx. 1
      80 words
    • 390 35 Industrial Building at Tannery Lane For Sale 7-storey flatted factory cum warehouse Land area: Approx. 19,191 sf Net fl<x>r area: Approx. 37,296 sf Freehold Sale with tenancies IlflU Debenham Tie Leung FOR SALE BY TENDER Address 58 Toh Guan Road Description A 3-storey warehouse and office complex with 2 mezzanine
      390 words

  • Page 36 Advertisements
    • 221 36 Views to a city «3 The URA wants your feedback on how the city centre I u t V j f|r can be made more distinctive. To start off, it has 1 1 I f "**"**> ft suggested various landmark sites, j 1 I S I focal points, gateways I
      221 words

  • SHIPPING TIMES
    • 291 37 s»» g w CWT CXitributfOn —046 0.01 2 Chuan Hup 0.38 unch 574 Cosco Investment 0.16 unch 112 Freight Links 0.16 -0.01 105 GB Holdings .0.60 unch 10 Hal Sun Hup 0-35 -0.01 39 IMC HoMnqr-HK 5.60 unch 0 .My* Holdings 0.16 -0.01 214 KeppelCorp 3.62 -0.04 993
      291 words
    • 534 37  -  It wants to redress disparity between its revenues, investments in Asia By\ Donald Urquhart [SINGAPORE] Rolls-Royce International Ltd is eyeing a bigger slice of the estimated US$6O billion (*****.4 billion) world marine market over the next 20 years by upping its
      534 words
    • 230 37 Malaysian port operator to upgrade two wharves at Port inang Bernama [KUALA LUMPUR] Northport Corporation Berhad (NCB), the new investment holding company of two port operating companies, will be able to handle 3.6 million TEUs (20-foot equivalent units) of box traffic by 2002
      Bernama  -  230 words
    • Port of Gibraltar
      • 960 38  -  The government has a five-year plan and is putting in place a more commercially-minded structure to run the port Reports by David Hughes THE importance of the port to Gibraltar's economy has been underlined by the publication of the government's policy paper. The document reviews
        960 words
      • 672 38 It's both a first class destination and a highly efficient hnbbing port OVER the past three or four years the Gibraltar government has put a lot of effort into developing the Rock's position in the cruise market as both a first class destination and also as
        672 words
      • 836 38 DURING the first six months of this year lawyers registering ships in Gibraltar have noticed a change in approach by the Gibraltar Ship Registry (GSR). Previously, the GSR's administrator would have flown out to wherever the vessel was lying to carry out a pre-registration
        836 words
    • SHIPPING news
      • 789 40  -  MEWBUXLDS By] David Hughes THE real implications of the proposed accelerated phase-out of single-hull tankers are beginning to dawn on its proponents and on the shipping industry. A study commissioned by the Japanese Ministry of Transport suggests that the joint French/German/Belgian proposal and the
        789 words
      • PORT Shots
        • 101 40 THE International Salvage Union has welcomed the revised Lloyd's Open orm and the new version of SCOPIC, released together at the start of the month. "LOF remains the world's most commonly used salvage contract," said ISU president Hans Walenkamp. "LOF 2000 is an important step
          101 words
        • 121 40 THE Reuters' Tanker Index has been replaced following a deal between John Cohen of Online Global Commodities Exchange and the news service provider. The new OTI (Online Tanker Industry) Index will use the same format as the existing index, assuming contributors on each of the
          121 words
        • 82 40 POLSKI Rejestr Statkew (PRS) will be privatised if a bill to begin the sell-off passes through the Polish senate. Last week, the lower house voted 361 to 41 to privatise the classification society by selling a two-thirds stake to Polish investors, including the society's employees. If
          82 words
        • 109 40 THE Panama Canal Authority's (ACP) Labour Relations Board has taken in 50 new arbitrators as part of a scheme to improve the relationship between the waterway's management and workforce. The candidates were jointly selected by management and union representatives, and trained under a similar jointly-designed programme.
          109 words
        • 108 40 THE Liberian Registry has introduced an instant tonnage tax calculator on its website to boost its accessibility. Owners can get an immediate value for the tonnage tax they would pay under the Liberian flag by entering the net tonnage of their vessels into a form
          108 words
    • 169 40 PAGE Dongnama 5 ACL 8 Eistr4ns 8 Accord 10 ECl 6 Appenship 7 ECUL "**<> Assets 10 8 toot* H) F<K S I BSA 9 it-.- to 'I™!'™ 9 u 1 Haniin 5 CMACCM 5 Heung-A 6 COSCO 7 Hyunail 9 CSAV 5 Interasia 9 It Central
      169 words
    • 16356 46 thebusinesstimes EXPORT ETA ETA Advertiser vess*< Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number iHHMnHRMMHMnMNHMnMVMMWMMHMHMMMHMV 09/10 02/11 MSC Agy MSC ALEXA 0040R 65-*****50 To ABIDJAN (ABJ) 2003 Cote D'lvolre 10/10 30/10 ChoYang pusansen oisw 65 325*27
      16,356 words
    • SHIPS IN PORT
      • 720 49 Vessel Voy No Berth Arrival Departure SpcCapricor *****7 *5? 20/09/6:20 20/09/1940 Sri Barn 1 Sep-01 J02 20/09/745 20/09/2340 Winstar I 94SOO J03 20/09/7 JO 20/09/2040 B4yswaterll8 M0231 J03 20/09/8:00 20/09/J6 00 Ef 23 182 J02 20/09/8:40 20/09/17:30 Bt *fnzal ***** JOI 20/09/9:30 20/09/23:00 Wa4 777 SwjOl JOS 20/09/10:55
        720 words
      • 1966 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookkq/Mwc* Rstls Ship Voy Wo Etb/Btr Niiod From To From P HOCLIU 4 22/0*0 14/000 14/1651 14/000 a nm oo m/o»m re/woo a nrtno 20/0654 smoo i 20/0700 kvtim n/Moo 4 20/1200 20/W54 20/1700 ACTUAJIIA 007* 21/0*0 M 1W700 20/0654
        1,966 words
      • 177 49 Sap 23 Japan: Autumnal Equinox Day. (Ml China: National Day. Out 2 Hong Kong: The day following National Day. Oat 3 Germany: The Day of Germany Unity. Korea: National Foundation Day. Oot« Hong Kong: Chung Yeung Festival. Oct 9 Canada: Thanksgiving Day. USA: Columbus Day. Oct 10 Japan:
        177 words
      • 803 49 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        803 words
      • 479 49 Carbon 180 Mm 990.7 0.9 15.4 0.08 77 0.05 SmM Density Water KesMue Ask AhJiiKntuni Sediment No above E25 0 0 10 380 Ave 987.2 05 12.5 0.06 32 0.02 taw 380 Mm 997J 6.9 16.8 0.17 65 0.07 Wri »/V m/h mm >WI Wo above
        479 words
    • AIR & LAND transport
      • 297 50 AFP [KUALA LUMPUR] Talks between loss-making flag carrier Malaysian Airline System (MAS) and Qantas on a possible investment by the Australian airline are "as good as abandoned", a report said yesterday. The Malaysian Business Times quoted a senior official of Khazanah Nasional
        AFP  -  297 words
      • 995 50 FedEx is linking up its transportation network to various partners AP [ATLANTA] United Parcel Service Inc and rival FedEx Corp are using similar technology to pursue radically different strategies for preeminence in the US$75 billion (*****.5 billion) US small package
        AP  -  995 words
      • 64 50 [TOKYO] President of Japan's Honda Motor, Hiroyuki Yoshino, introducing the new model of top-selling minivan Odyssey at the company's headquarters in Tokyo in December 1999. The Japanese transport ministry said on Tuesday that Honda Motor Co will recall a total 0f556,924 cars, including the popular
        AFP  -  64 words
      • 322 50 Spotlight on action needed to stop trains from running through stop signals Reuters [LONDON] Britain opened a public inquiry into how to improve rail safety after two major train crashes which killed 38 people and injured hundreds more. The inquiry will investigate ways
        Reuters  -  322 words
      • 584 50 Reuters [DALLAS] American Airlines pilots, impressed by a new contract at rival United, may this week reject a one-year extension of their own contract, but analysts said a "no" vote would not be a major setback for American management. Investors and travellers
        Reuters  -  584 words
      • 2043 50 cm man no maw n» m?** tMMl 0*7361 mo turn 2055 oral 1930 0F82 2055 jg" _J 1 **8229 2230 FaOaUM SOW 1530 SOWO QUO LH6380 2230 Tll| J S0003 WO CZ352 OM 2230 COS 20*5 ***** MB Ajastarda* ***** 0TB N.0044 0040 Hanoi *11/***** 1310
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  • Page 37 Advertisements
    • 249 37 There is no freight market report today due to pro—ore on space fc< BTTI v- W%;% Inchcape Shipping Services partner of choice in Gibraltar What you need, where you need it Inchcape Shipping Services Gibraltar office provides full vessel husbandry services to all vessels transiting the Gibraltar Straits and calling
      249 words
    • 47 37 iSpecial Feeture I I Port off Gibraltar charts a growth path mpg2 I aOYDrSAGPCY GIBRILTAJ SMITH M i CO LTD 47 Irish Town, Gibraltar Tel: *****6 Telex: 2220 JAVA GK TelegramsJAVA Telefax: ***** Email: shipping@snlitlljmossi.9i OFFER GENUINE EXPERTISE IN Shipping Insurance OBTAINED IN OVER 155 YEARS www.smithimossi.com
      47 words


  • Page 39 Advertisements
    • 159 39 BP" iflfc p:- > „.J|B V fr jHr ~-T A 'T^if^Ay^Jk v •^!-3^|,|...' ;k« II Situated on one of the world's busiest shipping lanes on the northern shore of the strait separating Europe and Africa, Gibraltar's geographic position is unrivalled. So are its numerous advantages: many sights that can be
      159 words

  • Page 40 Advertisements
    • 213 40 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com JL&P jTy 'I J lcT v J IMHHHMHHHHiHIIBHH "2aL 01 Af
      213 words
    • 779 40 serv ces represented by rFrSI Mem b® r s ol the Registry of Members of the bKgPlf Accredited Shipping Agents, Sin 9 a P° r e Logistics Singapore Shipping Associotion Association g ULY UNI MALI vessel voy ITS [~Tta TTw P. KIAHG STORE MALE Empress Lily VOBOO 01/10 03/10 11/10
      779 words

  • Page 41 Advertisements
    • 1190 41 SAX SERVICE (MRECT) VESSa VOY SM ETA LAX OAK DAL HOU 01 (01 MEM in NK API JAM 025 27/09 12/10 17/10 17/10 17/10 17/10 17/10 17/10 1»/10 18/10 API GARNET 02* STIO 19/10 24/10 24/10 24/10 24/10 24/10 24/10 25/10 25/10 APISPMB 02* ITTIO 26/10 31/10 31/10 31/10 31/10
      1,190 words
    • 1750 41 ®HANJIN SHIPPING lik r I mm i Its Mr* Lim We *****30 HAMJIN SHIPPING (S) PTI LTD Imp tam IOOtIM, *****351 V SALES *****74 731 OOtUMHI *****71 774 OftHATIOIIS *****50 7SI HAiH lldi *****5S FAX *****4S CINQ **********0 M TO NW USA CANADA USA CANADA*" FW VSI/VOY MM 3T" LMHMA/VOY
      1,750 words
    • 402 41 VESSEL VOY SIN KG VOY SIN HKG KEL USN FWS W J*L s** TFTEIIOUIEK OOSS 17/W 27/09 30/09 OjE WW 20/ M 2™. saffi 88 —ffl ss7ioKMTC PUSAK OI3S 24/09 30/09 02/10 04/10 04/10 IWGAS 10SS 24/09 04/10 07/10 yBS£L VOY SIN PLC NBO SHA UP HSK RMTCHONGROM 013S 29/09
      402 words

  • Page 42 Advertisements
    • 1792 42 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANAPA Vtsstt VOY UH HTM ANB HAW ORV FUC VtSStt Vo< SW «T IK fOS W.C MTU CHOYANG ALPHA 0013 W lIM Mil 07 10 00 10 10 10 1110 12 10 LONOON Sf NATOR 0045W 7101 0010 1010 17 10 14 10 7110
      1,792 words
    • 1035 42 AM MAC-NcLS S PURE M'SIA Carrier: MN CONTR LINES, INC P. GUOANG: (07) *****26 I J cm MOi laooersooooc S«U: (084)*****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG. (03) *****77 JKT: (21) *****45 KUOMWG (082) *****1-3 MANILA HO CHI MINH MV "YE LAN"
      1,035 words
    • 729 42 EXPn£SS CONTAINER FEEDER FOR N SHEVA (CFS MULUNO MUMBAUCOIOOOBO ALSO ACCEPTING TO AU NORTHERN AND WESTERN I.C.D POINTS Vessel S PORE N SHEVA COIONBO PKLANC CAPE CANAVERAL VI79W 24 SEP 03 OCT 07 OCT 13 OCT TULSIDAS Vl3l 01 OCT 10 OCT 14 OCT 70 OCT CAPE CREUS VII3W 01
      729 words

  • Page 43 Advertisements
    • 1763 43 IVESSEL VOY KHH HKG SIN PKI DXB BAB DMM UK IRAN ISFAHAN PCL-173 19/09 20/09 23/09 24/09 01/10 02/10 04/10 06/10 IRAN BAAKERI PCI-174 26/09 27/09 30/09 01/10 10/10 11/10 13/10 IS/10 IRAN HORMOZGAN PCI-175 03/10 04/10 07/10 08/10 IS/10 16/10 18/10 20/10 IRAN TEHRAN PCL-176 10/10 11/10 14/10 IS/10
      1,763 words
    • 1210 43 TO: COLOMBO 1 EVERY MONDAY I (T/T i 4 BAYS) J GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #12-00 SAUS/IKGS *****57/43 INWARD DEPT (D/O) *****86 COSTAR AGENCIES (M) SDN BHD CRNO: *****89Q000M SINGAPORE *****8 CONVENTIONAL *****01/850
      1,210 words
    • 1133 43 EUROPE EXPRESS SERVICE IMPORT «s» .vqt t jm. m, m tw e nty fu n»a vqt m ham fu oh m rVJBOWGSBI 05W 26/04 13/10 15,10 16/10 17 10 18 10 19 10 HJ LONDON .0321 .31/08 .02/09 04/09 07/09 24. 09 PUSAN SEN OSW 10/10 27/10 29/10' 30/10" 31/10
      1,133 words

  • Page 44 Advertisements
    • 871 44 BilAidAiiiyiJl EUROPE /UK /SCANI>INA VI A/ FINLAND RUSSIA SERVICES EXPORT VESSEL/VOYAGE SGP RDM HRG THP 111 ANW LHV AiSO ACCEPTING CARGO TO AND FROM:- FINLAND DENMARK. SWEDEN. RUSSIA (NORWAY MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VESSH./VOYAGE I SGP IG» VKN CNS MU ROM WV IMP ZEE unKMMQMifIQiw jjW faloffiojiii'io iz/iOj)T7io ]Tz'io"i4/io|iyio UURMN
      871 words
    • 368 44 ARABIAN PStSIAN OUIf/MDMN SUB CONTMBff SBtVKE ■XPORT VESSEL VOYAGE SGP CMI DUI MA ARU DMN lAH KHI NXV KUUtG HE 0160* 25/09 04/10- 10/10 UM AMPIi *****31W 25/09 29/09 04/10 05/10 04/10 UNPAHIOT 0143-009W 24/09 05/10 04/10 09/10 BINGHE 0142W 29/09 10/10- 12/10 14/10UM ASSENT *****21W 02/10 04/10 11/10 12/10
      368 words
    • 714 44 ADVANCE CONTAINER LINES (PTE) LTIT ill .1 TEL: *****21. FAX *****19. TELEX :RS ***** ACLPL CR NO **********06 W FOR BOOKINGS PHASE CALL: *****22 SALES A MARKETING *****21-2* IANOKOK S«tli»B«/W—li~ JAKARTA -(7 Ullwft/Wert) VKsa VDY~ sm wk vtssa I VOY sw jkt YANTRA BHJM (PAT] 359N 23/9 Sat 26/9 lue
      714 words
    • 389 44 50 TEL OK BLANGAH ROAD 102-02 CmPORT CENTRE SPORE *****8 TEL. *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W vtssa w in no oestmmun MMUKWA 2&2000 22.*****0 22U*****0 PALEMBANWU. BALAM KAGURI *****0 25W2000 2&W2UO PALEMBANWONTIANAK MMUKWA *****0 *****000 3M***** PALBMMCm BALAM KAGURI IS/2000 0M4200t *****000 PON7IANM For
      389 words

  • Page 45 Advertisements
    • 471 45 i BSA il M MYANMA wBBk FIVE STAR LINE (Myanmor Notional Lino) Loading for Yangon Vtssa VOY SIN PKL KM PGU MONGLA JSW SID DA WEI 14W 27/09 MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL TEI 03-*****00 PKL: TU 03-*****101 POt TU 04-*****02 PGth HI 07-*****21/4 BANK LINE (A ftrvict of
      471 words
    • 1515 45 \hmne£ I HYUNDAI MERCHANT MARINE CO., LTD. I VESSa VOY SN SOU IL»I TU AWT HAW BRV [VESSB I VOY I SOU lUH RTM I AKT I HAM IWVI SW I APIKXin 022W 22/09 13/10 14/10 01/10 10/10 API PEARL 0171 06/09 30/01 05/09 02/09 24/09 APICYFRM 020W 25/09 11/10
      1,515 words
    • 788 45 wfrv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYLIFT SIRVKI' VESSEL VOY RAMP HEIGHT SIN LBC MAO [MIA SAV BAL ORE NYC NCW MOB TARONGA AHOI9I4OOTow 6JM UjW 25/10 M/Il 05/11 07/11 09/11 ]<>7fi 1270" U/11 19/11 TAIKO AHO2O 400T«m 6.3 M 10/10 09/11 17/11 20/11 22/11 24/11
      788 words

  • Page 46 Advertisements
    • 818 46 .OttO VOT m ML mtTT 7a vessel vot sih m tm jiOiMM jstt__2Ma —hiss. =—mi_ jg* &j£— 7 M mumac: i-iia m =—azai_ $8 $8 Agsmu m ?s/0f m WL- uaohP"* ms 267 m T JABLMM 1M ZIZQ! MS tSfll Ifife fl/M ZMB I AMAH IHUM" lI3H 27/P4 01/10 74/04
      818 words
    • 444 46 TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK CONTAINERS 14 DAYS FREQUENCY rtSSE WHO a JICT m SKI) KK SK2) HOC SW AKL WLG UTT Hl( 111 IB TASMAN CRUSADO *****7 21/W 23/01 24/01 2«/» 01/10 05/10 14/10 20/10 23/10 24/10 21/10 21/10 30/10 01/11 TASMAN COMMANDS *****0 03/10 OS/IO 01/10
      444 words



  • Page 49 Miscellaneous
    • 125 49 7 LEGEND: Issued by Meteorological Service Singapore K Thunderstorm Showers o y/^^ Rain emperature Wind direction and speed in knots Cloudy Day Wealher U OO u a7w Wind speed symbols Sea Cond.tions O Full circle w/o line indicates calm or light and variable winds Slight, < 1 2m -»■—-One half
      125 words