The Business Times, 29 September 2000

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Microfilm: NL21914
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Lock icon Masthead
    13 1 TheBusinessTimes MITA(P) 035/12/1999 i 85C SINGAPORE I Internet: http://business-times.asial.com.sg/ FRIDAY, SEPTEMBER 29, 2000
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  • Article
    Lock icon MARKET SUMMARY
    76 1 sn *****4 (-5.35) FT-SEI 769J4 (-2.62) ST INDEX FDTTJRES MTQLOO (-9.00) smsci FUTURES 253.70 (-0.50) STOCK MARKET INDICES Thursday Change KLSE COMP 720.85 -7.61 NIKKEI 225 15,***** -1199 HANG SENG 15,415.75 -28.38 SET INDEX 279.78 -5.63 JAKARTA COMP 415 52 +5.39 MANILA COMP 1,441.83 +259 TAIPEI W11 -152.17
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  • Article
    Lock icon FINANCE
    73 1 FOREX BATES uss ss IJSS 1743 £(USS/S$pcr£) 1.464 2.563 Kl.KO(l'S$/S$/E) 0.884 1.540 DM 1213 1569 YKN I07J» 61.70 RM 3.800 2.180 HKS 7.796 4.473 BAHT 42.36 24.29 RUPIAH 8,825 5,062 PRIME RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK JJt MANILA 11.00 HONGKONG 8.50 TAIPEI 7.84 SYDNEY 8.56
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  • Article
    Lock icon Hopes recede of remisiers getting a better deal
    970 1  -  Brokerages look set on sticking to 40% commission payont Byi Serena Ng, Ling Su Ann [SINGAPORE] Remisiers may not be getting the better deal they were lobbying for from brokerages come Oct 1 when broking commissions are fully liberalised. In fact, going
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  • Article
    Lock icon DBS confirms talks with Aussie banks including Westpac
    415 1  -  Discussions inconclusive but group to continue exploring avenues for expansion Byi Siow Li Sen [SINGAPORE] DBS Group Holdings said yesterday it had held talks recently with several Australian banks and all were inconclusive. In a statement, DBS also confirmed it held exploratory
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  • Article, Illustration
    Lock icon Jakarta court finds Suharto too ill, throws out case
    642 1  -  From Shoeb Kagda in Jakarta IN a dramatic about-turn that shocked political observers, a Jakarta court yesterday threw out the corruption case against former president Suharto after a team of doctors testified that he was too ill to appear in court.
    AP  -  642 words
  • Article
    Lock icon StarHub keen on buying SCV: sources
    570 1  -  It might use $I.oBb govt compensation for this purpose By 1 Teh Hooi Ling [SINGAPORE] Star Hub is looking to use its $1.08 billion compensation from the government to buy Singapore Cable Vision (SCV), sources say. This would give Star Hub a ready-made residential
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      Lock icon Page 1 Advertisements Column 1
      91 1 INSIDE Olympics China's golden harvest; Golden boy of Greece surprises. Pg 22 US polls and Olympics have something in common low marks. Pg 26 Olympics fans are not born they're made. ML 2 Top Stories Lend Lease's Pua Seek Guan said to be joining DBS Land. MmxtPmgm Oil crisis pushing
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      8 1 Buying-in brokerage still not negotiable after liberalisation,Pg 4
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      181 1 WizOffice.com IPO 14.4% unde subscribed who make a difference Low housing loan rates: Art Singapore Time to buy the New Economy Executive Money Pg 10 Pg 12 Pg 36 Plans to list MediaCorp soon: BG Lee The "Big Date" permits synchronized t m* [0 |Sw date changes forward and back-
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      9 1 Tommy Suharto's charmed life at an end? Pg 16
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  • NEXT page
    • Article, Illustration
      Lock icon MediaCorp may be listed late this year
      504 2  -  BG Lee says this should dilute any perception that CNA is a govt operation Reports by Teh Hooi Ling [SINGAPORE] The government plans to list Singapore's broadcaster Media Corporation of Singapore shortly which could be as soon as late this year or early
      504 words
    • Article
      Lock icon MediaCorp ropes in CEO of Swedish group MTG
      343 2 Pelle Tornberg is first foreigner appointed to board of directors [SINGAPORE] Media Corporation of Singapore yesterday announced that it has appointed the first foreigner Pelle Tornberg, the president and CEO of Modern Times Group (MTG) of Sweden to its board of directors.
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    • ON THE grapevine
      • Article
        Lock icon Cool answers
        88 2 RICHARD Li of Pacific Century CyberWorks was beginning to sound like Malaysian Prime Minister Mahathir Mohamad when he started blaming speculators for causing the sharp falls in the share price of the Hongkong telecom and Internet giant, the young tycoon was told by a member of the media
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      • Article
        Lock icon An offer fit for an emir
        124 2 IF you want to travel first-class every year for the rest of your life, try your luck by flying to or through Dubai by Emirates. The airline is ofTering two first-class tickets to any destination on its network every year for life to mark
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      • Article
        Lock icon Nothing electrifying about it
        79 2 A WEEK ago, BT Online ran a poll asKing iu respond to the statement; Singapore s retail eloctricitv business will be further liberalised from the middle of next year. Here is the response: Industrial and commercial users will be able to get cheaper electricity in the
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    • Article
      Lock icon Lend Lease Asia's Pua Seek Guan to join DBS Land
      446 2  -  He will be MD of the commercial department: sources By\ Kalpana Rashiwala [SINGAPORE] Lend Lease Asia regional director Pua Seek Guan is believed to have resigned and will join DBS Land next week. BT understands from sources that Mr Pua,
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      43 2 B V LG A R I The Solotempo watch C r ißi^^ Singapore,.Hilton Hotel 737 1652 Takashimaya Department Store 735 6689 Cortina Watch Centre, Millcnia Walk 339 1728 Dickson Watch Jewellery, The Promenade 732 8900 Ccntrepoint 734 5822 Suntec City Mall 336 4871
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      37 3 LOUIS VUITTON -m Ba tiSCM IUB V '"fl"!' 1 ii' 11' ill |iii 1 1 ill il'^yM^^^Brlllurlf 1 r "jj f' |j ll |jH! > WW^JVO S|M >>r >> tSP^^S. JP\ nt woMMfik HBB^ 1 n|H^^Br^|^^w^ c e lifflWffT^
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  • SINGAPORE companies
    • Article
      Lock icon Links Island wins $41.6m reclamation contract
      264 4  -  f¥ Marissa Chew SUSPENDED Links Island Holdings said yesterday that it had won a $41.6 million contract for reclamation work at Jurong Island and Tuas View. Links said its whollyowned subsidiary SLM Holdings had been awarded the sub-contract for sea-sand transport and dumping at
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    • Article, Illustration
      Lock icon Buying-in brokerage still not negotiable after liberalisation
      576 4  -  It will stay at 0.75% with a minimum of $10 per trade of 500 or more units: SGZ By Andrea Tan COME Oct 1, buying-in brokerage will not be negotiable even though the industry is liberalised. The Singapore Exchange (SGX) said yesterday that
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    • Article
      Lock icon Still lots of kinks to iron out in deregulation
      742 4  -  locksiew r sivanithy NEXT Monday, the local stock market will be fully deregulated. It's the culmination of more than two years of change, during which outmoded practices have been dismantled, inefficiencies weeded out and companies forced to be more accountable to
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    • Article, Illustration
      Lock icon Stratech posts $1.89m H1 loss
      495 7  -  Operating expenses shoot np abont 140 per cent to $3.23 million By. Andrew Wee TECHNOLOGY developer Stratech Systems has sunk into the red, posting an interim net loss of $1.89 million on lower turnover of $1.39 million. The 41 per cent drop in turnover was
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    • Article
      Lock icon Ladyhill first phase sale nets $86m
      258 7 SC Global has wrapped up the sale of the first phase of its upmarket The Ladyhill condominium. which went on the market two weeks ago. The 20th unit, the last, was sold yesterday. The 20 units went for an average of $1,700 psf, the
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    • OTHERResults
      • Article
        Lock icon Lion Teck Chiang back in the black
        73 7 LION Teck Chiang has rebounded from its $4.7 million loss in 1999 to post a net profit of $1.2 million for the year to June 30. Turnover dipped a marginal 0.4 per cent to $116.5 million. Earnings per share came to 0.79 of
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      • Article
        Lock icon Ossia's H1 turnover, profit higher
        60 7 OSSIA International said first-half turnover increased by 4 per cent to $59.3 million, while net profit rose by 17 per cent to $2.5 million from $2.2 million. The higher turnover was mainly due to better operational performance and the consolidation of the results of its
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      • Article
        Lock icon Compact Metal posts $3.86m loss
        76 7 COMPACT Metal Industries has swung to an interim net loss of $3.86 million from a net profit of $1.02 million previously. Group turnover fell 11.3 per cent to $49.2 million, from $55.4 million in first-half 1999, due mainly to lower sales of extruded products. The
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      • Article
        Lock icon Reed Group's net gain down 24%
        61 7 REED Group Holdings yesterday reported a 24 per cent fall in net profit to $341,000 for the half-year to June 30. Group turnover declined 4 per cent to $3.4 million. Earnings per share were down to 0.22 of a cent from 0.3-cent, while net
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      • Article
        Lock icon Guangzhou Investment's profit up 7.3%
        48 7 GUANGZHOU Investment Company posted a 7.3 per cent gain in net profit to HK$3B.2 million (SsB.s million) for the six months to June 30. Turnover increased 7.7 per cent to HK$l.4 billion. Earnings per share eased 0.01 of a HK cent to 0.97-HK-cent.
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      • Article
        Lock icon Ultro's net profit tumbles 64%
        72 7 ULTRO Technologies' net profit tumbled 64 per cent to $2.2 million for the year to June 30. Sales edged up 1.6 per cent to $133.9 million. But the company reported a $1.1 million extraordinary loss arising from the disposal of Raltron Singapore and Sunny Comm.
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      • Article
        Lock icon Vibropower profit surges to $1.7m
        58 7 DRIVEN by a 134 per cent jump in turnover to $14.6 million, Vibropower Corp's net profit surged 181 per cent to $1.7 million for the half-year to June 30. Earnings per share increased to 2.49 cents from 0.88 of a cent. Net tangible assets per
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      • Article
        Lock icon Interim loss of $3.7m for Ezyhealth
        49 7 EZYHEALTH Asia Pacific said it posted a net loss of $3.7 million for the half year ended June 30. Group turnover came to $1.7 million. Loss per share worked out to two cents, while net tangible assets per share came to 8.57 cents.
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      • Article
        Lock icon ITG's net profit jumps 143% to $443,000
        69 7 INTERNET Technology Group enjoyed a 143 per cent leap in net profit to $443,000 for the six months to June 30. Boosted by growth in turnover from infrastructure service provider activities, sales rose 44 per cent to $5.6 million. Earnings per share were
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      • Article
        Lock icon Lee Metal suffers 33.3% profit fall
        65 7 HIT by slimmer margins, Lee Metal suffered a 33.3 per cent drop in net profit to $2.2 million for the half-year to June 30, despite posting a 33 per cent rise in turnover to $68.4 million. Earnings per share fell by 0.6 of a
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    • Article
      Lock icon WizOffice.com IPO 14% under-subscribed
      446 8  -  Company blames market downturn last Friday; analysts give Internet stock the thumbs down Hyk Andrew Wee THE initial public offer of WizOffice.com shares has been 14.4 per cent under-sub-scribed a foregone conclusion given some industry sources and research houses had given the Internet stock the thumbs
      446 words
    • Article
      Lock icon Oil crisis pushing Asian firms into derivatives
      661 8  -  riTexciusive Expert says this helps them hedge their exposure H,f\ Serena Ng THE oil crisis is likely to spur more Asian companies to move into the derivatives market to hedge their exposure, an expert said this week. But whether they will continue to
      661 words
    • Article
      Lock icon Goldman sees 35% upside for S'pore market
      431 9  -  Rise seen over next 18 months as credit expands with strong exports and domestic consumption, it says By\ Siow Li Sen THE Singapore stock market has a 35 per cent upside during the next 18 months as credit growth resumes against the backdrop
      431 words
    • Article
      Lock icon Sim Lian offers 65m shares at 26¢ each
      210 9 AFX-Asia SIM Lian Group Ltd said it has launched an IPO of 65 million new shares at 26 cents each. The offer comprises 3.25 million offer shares, 55.25 million placement shares and 6.5 million reserve shares. In a statement, the company said
      AFX-Asia  -  210 words
    • Article, Illustration
      Lock icon UE sells 51% stake in Apex to Dairy Farm
      389 9  -  It will expand hospital, facilities management services Vivien Ng INVESTMENT and real estate holding company United Engineers (UE) yesterday sold its 51 per cent stake in Apex pharmacies to Dairy Farm International to focus on grooming its other health care services.
      FILE PHOTO  -  389 words
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      242 4 T 1' SIM LIAN GROUP LIMITED (Incorporated in the Republic of Singapore on 1 June 2000) INVITATION IN RESPECT OF 65,000,000 INVITATION SHARES OF Sso.lo EACH AS FOLLOWS:(A) 3,250,000 OFFER SHARES AT 550.26 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (B) 61,750,000 PLACEMENT SHARES BY WAY OF
      242 words
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      144 4 "JU First In Financial Planning POUJER UP VOUR CHFEER OSEEIT TFIKEOFF Potential Financial Planners l_l ow 0e a j o p Financial Planning Professional Professional Executives The Future of Financial Planning Banking Professionals Accountants The Comprehensive Financial Planning Process investment Professionals Financial Planning Models and Systems Remisiers Stockbrokers Dealers I
      144 words
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      117 5 ?f W- -Isr?*!*' J 'W ?>• W?*, r I I i j Ja-'jjßVi wHBBBIHIHr^• -111 The new E2OO Kompressor. Supercharged. Prepare to be blown away. The new E2OO Kompressor has a overtaking. In fact, the only thing that can hold all that supercharged engine that delivers 20% more horsepower and
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  • SINGAPORE markets
    • Article
      Lock icon Untitled
      499 6 Stocks Volume AsiaDekorHK15c 11,328,000 STEngg 10c 8,388,000 ITechGrp4c 7,294,000 SingTel 15c 7,088,000 AddvalTech 2.5c 6.297,000 NO. 6,247.000 Chart Semiconductor 26c 4,743,000 Eastern Asia 4,716,000 MediaRing 10c 4,594,000 CytechHK5c 3.419,000 Stocks _t DBS Qrp 57,578,672 Chart Semiconductor 26c 52,127,800 SPH 41,595,357 PacificCentury 27,868,400 STEngg 10c 21,156,493 SingTel 15c 18,150,356 UO©„ 18,101,600
      499 words
    • Article, Illustration
      Lock icon Market gropes for direction, dashing faint recovery hopes
      540 6  -  I-I i comment STOCKS r.sivanithy THE local bourse yesterday continued to display all the symptoms of a market searching for direction or inspiration from somewhere only to find nothing forthcoming. Overseas conditions showed no sign of improvement at least as far as
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    • Article, Illustration
      Lock icon RHB 2002 wrt: 141% time premium for a gearing of 4
      185 6  -  WARRANT WATCH By] R Sivanithy OH, how the mighty have fallen. The Rashid Hussain group once the darling of the Malaysian stock market is now in disarray. And even after the recent announcement of a restructure, shares in its
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    • Article, Illustration
      Lock icon UOB rebound looks likely; test at $13
      256 6  -  HOT STOCK By\ Serena Ng BANKING stocks which have been hit badly by the market's recent retracement have fallen to very attractive levels and valuations. United Overseas Bank looks likely to recover much lost ground. The counter ended 10 cents lower yesterday at
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    • Article
      Lock icon Market Notices
      122 6 AN associate of Provisions Suppliers Corporation has secured a turnkey contract worth RM65.7 million (Ss3o million) from the Malaysian state ofTerengganu to build a 76-bed district hospital. Health Solutions (Malaysia) Sdn Bhd, in which PSC owns an effective 15.3 per cent, is slated to complete the project in
      122 words
    • Article, Illustration
      Lock icon Forex traders hold fire ahead of Danish vote
      344 6  -  I-li comment CURRENCIES larry wee THE euro's feeble overnight attempt to move back below key 88 US cent support was easily overcome yesterday ahead of a possible yes vote by the Danes on full-fledged entry into the European Monetary Union. Ahead of
      Source: Reuters  -  344 words
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      531 6 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SOUTH KINGDOM PTE LTD (In Members' Voluntary Winding Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50 that a Final Meeting of the Members of the
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      444 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DELANEY'S HOLDINGS MALAYSIA PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Company will be
      444 words
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      466 6 IN THE MATTER OE THE COMPANIES ACT, CAP. 50 AND TAILECOM INTERNATIONAL INC (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at No. 134 Alley 105, Lane 274. Chung Cheng S. Road, Yung Kung, Tainan Hsien, Taiwan on 22
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      348 6 IN THE MATTER Of THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF NM INSURANCES (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY UQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of NM INSURANCES (SINGAPORE) PTE LTD signed by the Representative of the Holding Company pursuant to Section 179(6)
      348 words
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      45 6 Grow Your CPF With eiBht important All applications foi units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them ma/ fall as well as rise Ql HSSBAM*
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      122 7 www.tagheuer.com ill ■a Wfc gijSk TAGH6U6r I SWISS MADE SINCE 1860 KIRIUM Automatic Chronograph TAG HEUER SHOWROOM TEL: 235 8477 corona Te 339 9185 235 0084 734 3668 339 1728 GASSAN WATCH AIRPORT Tel 545 2589 Also available a. ALL WATCHES Tel 732 7673 733 2823 337 5075 ASIA PACIFIC
      122 words
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      134 8 i 3 w w ltmi n >*»«.iHLgj«: :< *L^flH «TZ^••-•-r P.^rfrT®. 1 1 .¥T^2 vittr )V|» TO el co me to SupetS t at *0- Pt o Welcome to d"whc>le new class of luxury Balcony Class on Star Cruises. Indulgences start from the red-carpet check-in that you enjoy to the
      134 words
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      138 8 Since 1975 our worldwide staff of over 275 multi-disciplined professionals Wf V including lawyers, chartered accountants. |K. 1 a V chartered secretaries and bankers have pi J k V provided confidential and cost effective company formation in all the major low A i tax areas including: m M" .1' Incorporation
      138 words
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      69 9 I wwwtaylormadegotf.com I M EL 3t Jil v, 2 "X- r, r TI--The r j. ~f y? s v»-'-- adidas concept shop is »V now open f* <-T> **L T v > at the W« A £--S 1L > ■r- J ~m City Link MaH. *«r <, 4 1 v\.
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      1687 9 THE BANK OF TOKYO-MITSUBISHI, LTD. i And Subsidiaries Head Office 7-1, Marunouchi 2-chome, Chtyoda-ku, Tokyo 100-8388, Japan. Singapore 9 Raffles Place, #01-01, Republic Plaza, Singapore *****9 CONSOLIDATED BALANCE SHEETS. MARCH 3,. AND 2000 "Z-S* 1998 1999 2000 Cash and due from banks ¥1.845.263 ¥1,855,196 t (in millions) Interest-earning deposits in
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  • SINGAPORE news
    • Article, Illustration
      Lock icon Getting 4-5 big boys to do life sciences R&D here
      508 10  -  The timeframe is 5 years, says a high-powered panel of int'l advisers Kejxtrts by Chuang Peck Ming SINGAPORE aims to attract four or five global players in the next five years in its effort to build up private-sector research and
      CHRIS LOH  -  508 words
    • Article
      Lock icon S'pore has an edge over neighbours: Philip Yeo
      290 10 SINGAPORE has a competitive edge over its neighbours in life sciences, according to Economic Development Board (EDB) chairman Philip Yeo. "Not many countries can compete with us," he said yesterday. "Not many countries in the region can afford to invest in the
      290 words
    • Article, Illustration
      Lock icon Sales of investment property in Q3 rise 6-11%: consultants
      425 11  -  Better sentiment in commercial sector set to drive sales in next few quarters By Marissa Chew PROPERTY investment sales rose in the third quarter, buoyed by improved sentiment in the commercial sector, property consultants said yesterday. Jones Lang LaSalle estimates that
      Source: JonesLang Lasalle Research  -  425 words
    • Article
      Lock icon Wherever.net latest to offer IDD service
      109 11 WHEREVER.net is the latest operator to provide international direct dial (IDD) service. The company said its 1533 services will help customers save up to 70 per cent on international and long distance calls. Its service is available via a privately managed Internet Protocol-based (IP)
      109 words
    • Article, Illustration
      Lock icon Party animal buys Sugar pub for $6m
      366 11  -  exclusive By( Conrad Raj SUGAR, once considered one of the hippest pub-discos in Mohammed Sultan Road, has changed hands for about $6 million. Former jeweller to the Brunei Royal family Peter Teo is now the proud owner of the establishment, wlich has a
      366 words
    • Article
      Lock icon music4nothing aims to be biggest Asian music site
      354 12  -  It'll have 60,000 songs which can be legally downloaded By 1 Vivien Ng INTERNET music label music4nothing.com expects to be the biggest website of its kind in Asia by the end of next month with more than 60,000 songs available. Some of
      354 words
    • Article, Illustration
      Lock icon Arts more than entertainment: minister
      288 12  -  It's an essential part of the new knowledge infrastructure By* Cheah Ui-Hoon FAR from being mere culture and entertainment, the arts will become an essential part of the new knowledge infra structure that Singapore is building to support the New Economy. David Lim. Minister of
      ARTHUR LEE  -  288 words
    • Article
      Lock icon Best to buy the Civic now: Kah Motor
      369 12  -  Byi Christopher Tan HONDA agent Kah Motor resorted to more than a bit of hard sell at the launch of the new Civic yesterday. Managing director Loh Cheng Yean told guests at a ceremony at Kah's Übi showroom that now was probably
      369 words
    • Article, Illustration
      Lock icon UOB latest to up GDP estimate
      310 12  -  137 4 on the economy outlook Bjji Audrey Tan UOB Research has joined other economic forecasters who have upped their 2000 growth estimate for Singapore it now says second-half growth could average 6.5 to 8 per cent. UOB says this will bring fullyear GDP
      Source: UOB  -  310 words
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      283 10 ppf§|l^j E§ jf""* o fr"cN iJf -T--..c'i J t H %J,;"; y-,& ft —-J!SSL r w T w t aN t&*+ f, *«r fc? in Singapore. prune Oivcnci i" i>c proxiiTiiri to club-. and renow!K'tl >chool» For Sale Lease B3 J J \i>ii uflii t open fhiil\ f-'ohi 1 Oil
      283 words
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      69 11 IANNEHT HOUSE 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 units
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      169 11 ■auction! (Ipgfrd M W a Charming experienced 5 5 TEm^ ERLTH s n masseuses awaiting you! Steambath, Sauna Hot Cold Pool, Gym Movie Restroom Cafe Individual room with Bathroom Free flows of snacks drinks |P^ 1018 East Coast Parkway #01-01 A (Behind long Beach Restaurant) Leisure Court (Singapore Tennis Court)
      169 words
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      295 12 [I f L:."- j B h. h; Space you can embrace I Experience the most spacious and stylish two-bedroom apartments you ever imagined. See the light and life that pours In through the ceiling to floor windows. Luxuriate in the feeling of openness that you'll find everywhere. The sensuous perfection
      295 words
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      5 12 Emerging Asia art, Pg 32
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  • MAIL bag
    • Article
      Lock icon Future financial security comes at hefty cost
      416 13  -  Saiful M K Singapore, via Internet I REFER to the letter "Learn to save before the pay packet vanishes" (Mailbag, Aug 30). I went to see a financial planner friend for advice. I almost had a heart attack when I learnt what his
      416 words
    • Article
      Lock icon That $2b payout: points to consider
      413 13  -  Toh Peng Kiat Singapore via Internet I REFER to the story entitled "IDA gives facts for proper debate" (BT, Sept 18). As a rejoinder to the debate, allow me the courtesy of your columns to make three points. First, the use of different discount
      413 words
    • Article
      Lock icon CPF members need more than SGX Investment Fair
      181 13  -  Mohamad Rosle Ahmad Singapore MUDDLING through the Ministry of HealthMinistry of Manpower joint press statement on the liberalisation of CPF Special Accounts for investments from January 2001, point 24 caught my attention. It states: "However, with any investment, members will have to
      181 words
    • Article, Illustration
      Lock icon Use IEA members for HDB resale deals
      331 13  -  Anthony Chua First vice-president Institute of Estate Agents Singapore via Internet WE REFER to the letter "HDB resale flats: consider deregulating commissions" (Mailbag, Sept 19). We wish to inform the public that commission paid to estate agents is not regulated by the Housing
      331 words
    • Article
      Lock icon Criticism is misplaced, says HDB
      230 13  -  Toy Boon Sun Head, Press Feedback Unit for Chief Corporate Development Officer Housing Development Board Singapore MR Samuel Heng "HDB should ban commission levied on buyers" and Mr Patrick Tan "Make it clear and simple, please" (Mailbag, Sept 23) commented that HDB's reply, published on
      230 words
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      160 13 We welcome letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore *****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
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  • EDITORIAL & opinion
    • Article, Illustration
      Lock icon Learning from UK initiatives on accounting
      756 14  -  ISTTT4 1 bottom line OPINION john davies The writer is the Association of Chartered Certified Accountants' head of business law SINGAPORE intends to debate plans that will allow accounting practices to incorporate, thus enabling them to raise finance through share issues as well as
      756 words
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      Lock icon IN OTHER WORDS
      117 14 'If someone had told me they were going to put me on a long, slow death march, I would have told them: Let's start walking.' Alien Specter US senator and a former prosecutor, when told prosecutors in the Wen Ho Ijee case were forced to accept a
      117 words
    • Article
      Lock icon Who's on trial in Jakarta?
      619 14 EDITORIAL INDONESIA has descended into new and dangerous political throes. Caught in the swirl are the innocent citizens who can only watch and pray that a sensible end is near. Jakarta these days looks and sounds more like Beirut of the 1980s, or Northern Ireland,
      619 words
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      Lock icon Quality counts more than quantity of growth
      929 14  -  How growth is generated and distributed affects poverty reduction and quality of life By' Vinod Thomas The writer is vice-president at the World Bank. He is author of the just-published book, 'The Quality of GrowthHe contributed this article to The Business Times ECONOMIC
      929 words
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      Lock icon WHAT THE OTHERS SAY
      930 14 Aceh most cool down INDONESIA'S westernmost province is aptly called the special provincial territory of Aceh. Before World War 11, the ruling Dutch, who had established their authority elsewhere in the archipelago during the 18th and 19th centuries, managed to pacify the territory only in the
      930 words
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  • MALAYSIA news
    • Article, Illustration
      Lock icon M'sians brace for petrol price hike
      568 15 KUALA LUMPUR Experts predict 7-9% increase after Budget presentation in late October AP HOUSEWIVES fretted over inflation and cab drivers predicted their incomes would plunge as the government yesterday moved closer to raising petrol prices for the first time in nearly two decades. Debate
      AP; AFP  -  568 words
    • Article
      Lock icon DiGi chalks up RM34m profit in Q1
      268 15 KUALA LUMPUR Bloomberg DIGI.COM Bhd, Malaysia's third-largest cellular phone operator, said it returned to profit in the first quarter ended July 31 as the economic rebound spurred sales. The company, which has 850,000 subscribers, earned a profit of RM34 million (5515.6 million), or
      Bloomberg  -  268 words
    • Article
      Lock icon Telekom plans up to US$400m bonds in Oct
      108 15 LONDON Reuters MALAYSIA'S national phone company Telekom Malaysia plans to issue bonds, worth US$3OO million (***** million) to US$4OO million next month, sources close to the deal said yesterday. Telekom has appointed Deutsche Bank and Merrill Lynch to coordinate the sale, which
      Reuters  -  108 words
    • Article
      Lock icon Federal status for Putrajaya: report
      126 15 [KUALA LUMPUR] The Malaysian government plans to give Federal Territory status to its new administrative capital, Putrajaya, The Far Eastern Economic Review reported. The shift will take the 4,500-hectare city out of the jurisdiction of Selangor state, where it is located, and bring it directly
      126 words
    • Article
      Lock icon M'sia's Aug M3 money supply posts fastest gain in 4 mths
      248 15 KUALA LUMPUR Faster growth in other money supply gauges as well Bloomberg MALAYSIA'S broadest measure of money supply grew at its fastest rate in four months in August, boosted by government spending. M 3, the most closely watched measure
      Bloomberg  -  248 words
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      124 15 I «•> <■ 1 «MaMMM» v I m I |H n sb 1& B Km m HI pM n K B, Ut Swcc Yin. 34 U k IHBHHBHHHi HBHHHi m VI II mvesU for t»e future at M M www.dbssecunties.com 1 m I i IB H i iil' 11 ii
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  • REGIONAL news
    • Article, Illustration
      Lock icon Tommy's charmed life at an end?
      661 16 PEOPLE The youngest son of former president Sab&rte is to be jailed following graft conviction Reuters [JAKARTA] Former Indonesian president Suharto's youngest son, Hutomo 'Tommy" Mandala Putra, who may be jailed within days after a graft conviction, was never shy about flashing his enormous
      Reuters  -  661 words
    • Article
      Lock icon Philippine deficit target to stay: IMF
      477 16 U MANILA Peso falls as Fond refuses to let Budget deficit widen from agreed 62b pesos Bloomberg, Reuters, AFP THE Philippine peso fell, closing in on its record low, after the International Monetary Fund (IMF) said it will not allow the government to relax
      Bloomberg,; Reuters,; AFP  -  477 words
    • Article
      Lock icon Genco dives 12.5% on Thai market debut
      168 16 MBANGKOK Reuters GENERAL Environmental Conservation pic (Genco), the first firm to dare list on Thailand's beleaguered bourse in three years, dived 12.5 per cent on its debut yesterday, sending a worrying signal to other firms considering initial public offerings. "A new issue trading
      Reuters  -  168 words
    • Article, Illustration
      Lock icon Minister ready to quit over Taiwan stock rout
      513 19 TAIPEI Finance Minister Shea says he will take blame for plunging market Bloomberg, AP TAIWAN Finance Minister Shea Jia-dong said he is willing to resign if someone in government must take the blame for the island's plunging stock market, which is hovering
      Bloomberg,; AP  -  513 words
    • Article
      Lock icon Li, 2 developers out to buy half of MTRC shares on offer
      480 19 HONGKONG Reuters, Bloomberg HONGKONG tycoon Li Kashing and the city's two biggest property developers are seeking to buy US$55O million (***** million) worth of MTR Corp (MTRC) shares, grabbing almost half of the $1.2 billion shares the government
      Reuters,; Bloomberg  -  480 words
    • Article
      Lock icon Air India, Indian Airlines invite bids
      207 19 NEW DELHI Reuters STATE-RUN Air India and Indian Airlines were due to issue formal invitations to potential bidders yesterday and today, government officials said on Wednesday. "There is no change in the structure of privatisation announced by the Cabinet earlier this year," a source
      Reuters  -  207 words
    • Article
      Lock icon SHKP posts 17% rise in earnings to HK$10.8b
      418 19  -  Chairman expresses confidence in local property market From < Quak Hiang Whai w Hongkong SUN Hung Kai Properties Ltd (SHKP). Hongkong's second largest property developer, yesterday reported a healthy 17 per cent rise in earnings, thanks mainly to the disposal of shares
      418 words
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      178 16 r?'»V. "4'^' H i '*3» Mmmr 4^nMiii^H i i^fTTI ff^ilikA v-- :1: '^'ii'^ ■■A f JWHkA my v li^nVvl &?i iJMHjHBk Vlii^^ NtH 1.1 f t Thfiiia^fe The 6000r Server the server your V in*'&y j j_* Server or other IBM Servers can bolster www.pc.ibm.com/sg/netfinity IRU AUTHOBKiFn CORPORATE RESELLERS ADDON
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  • e-NEWS
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      Lock icon Priceline, Yahoo! shares plunge on growth concerns
      468 17 SANTA CLARA, California Fears abont Taboo's prospects after Priceline's warning Bloomberg SHARES of Yahoo! Inc and Priceline.com Inc tumbled Wednesday after Internet retailer Priceline.com Inc warned it will miss thirdquarter sales estimates, raising concerns about Yahoo's prospects for revenue growth. Yahoo!, the No
      Bloomberg  -  468 words
    • Article
      Lock icon Exodus to buy GlobalCenter for US$6.5b in stock
      259 17 NEW YORK AP EXODUS Communications Inc has agreed to buy Global Crossing Ltd's Internet hosting unit, Global Center Inc, for US$6.5 billion (5511.3 billion) in stock, the companies announced yesterday. The deal brings together two of the largest players in the fast-growing
      AP  -  259 words
    • Article
      Lock icon Cash Nursery website charged with fraud
      247 17 WASHINGTON Bloomberg TWO California website operators lied to customers about their backgrounds and trading history in order to lure investors to their online course on trading commodity and stock options, federal regulators charged on Wednesday. Rabb Sabin, founder of the Cash Nursery, and Art
      Bloomberg  -  247 words
    • Article
      Lock icon Deals with Telstra, CMGI on track: CyberWorks
      631 18  -  It posts pre-HKT merger interim loss of HKs3sm hYom < Quak Hiang Whai in Hongkong RICHARD Li's Pacific Century CyberWorks Ltd, whose shares have been under immense selling pressure, yesterday maintained plans for its two key strategic alliances have not been derailed despite
      631 words
    • Article, Illustration
      Lock icon Sony unveils touch-panel Web-surfing TV
      309 18 TOKYO Airbo&rd users can access Net, TV, video content by tonch AFP SONY Corp yesterday unveiled a new wireless television complete with a touchpanel display to encourage Japanese keyboard-phobics to use the Internet. The new liquid-crystal display monitor, called airboard, "is an entertainment system with
      AFP; REUTERS  -  309 words
    • Article
      Lock icon 3Com posts site of new Web device by accident
      146 18 SANTACLARA, California Bloomberg 3COM Corp said it inadvertently made available to the public a website showing photos, features, and the price of its still-unreleased "Ergo" Internet-access device and electronic organiser. The site shows the five colours of the US$499 (SsB7o) Ergo
      Bloomberg  -  146 words
    • Article
      Lock icon Asia to see 6-fold rise in Web advertising budgets
      343 18 NEW DELHI AP ASIA is coming to terms with the chaotic and uncertain world of the Internet and is expected to see a six-fold increase in Web advertising budgets over the next two years, experts said yesterday. "Much of the Internet
      AP  -  343 words
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      100 17 Results of tender for taxable book-entry Government Bond 2000 due 1 Mar 2007 to be issued on 2 Oct 2000 Tenor approx. 7 years Amount Offered Allotted S$700,000,000 Amount Applied S$1,536,835,000 Interest/Coupon Rate 4.000% p.a. Average Yield Price on Allotment 4.11% p.a. and 99.725% Cut-off Yield and Price 4.12% p.a.
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      398 18 CHRISTIE'S r% >&L. irH il'fl I 1 vK V f ,wi fPI s. jPNk. m f HI 1^. I jr%H& yiy?* Fabian De La Rosa rkmg Estimate: *****.000 350.000 Singapore Auctions Sunday, 1 October 2000 Southeast Asian Paintings 10:30 a.m. Important Jewellery Et Watches 2:30 p.m. ft 6:00 p.m. Viewing:
      398 words
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      30 19 Clean rooms of all classes zrfor the Hitachi Plant IUI 111 C 10 Anson Ro«d #12-14 International Plaza semiconductor t Email: hpcigr#cyberw»y.coin.sg industry. webH i J http://www hit«chiplant.l)bi ne jp
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      34 19 Best Equity Fund Manager I INVESCO GT Asset Management Limited Awarded Ist Place in the Standard and Poor's Internationally Marketed Fund Awards 2000 (Best Equity Fund Manager Category) for overall consistent performance 0 INVESCO
      34 words
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  • WORLD news
    • Article
      Lock icon Japan's August output hits record high
      261 20 [TOKYO] 108.3 index reading is highest ever, as is £3% monthly rise, says Miti Reuters, AP JAPAN'S industrial production hit a record high in August, with output growth broadening to a range of sectors, a Ministry of International Trade and Industry (Miti) official said
      Reuters,; AP  -  261 words
    • Article
      Lock icon Merged bank Mizuho surges 6.5% on debut
      535 20 Japan's top lender and world's 4th has market value of 8 trillion yen Bloomberg, Reuters [TOKYO] Mizuho Holdings Inc shares rose 6.5 per cent on its first day of trading, giving the combination of three Japanese banks a market value of 8 trillion
      Bloomberg,; Reuters  -  535 words
    • Article
      Lock icon Dell sees PC sales rising 17%
      328 20 HONGKONG Fall in component prices will drive computer prices down and sales np, says chairman Bloomberg WORLDWIDE sales of personal computers are expected to rise 17 per cent in the year ending December 2000, as prices of computer components fall, said Michael Dell, chairman
      Bloomberg  -  328 words
    • Article, Illustration
      Lock icon Experts see a re-alignment of US$, euro, yen
      566 21  -  Realignment won't be left to economic, market forces alone: Bergsten From. Anthony Rowley m Prague A MAJOR re-alignment of exchange rates among the Group of Three currencies dollar, euro and yen is inevitable, an array of experts believe, including former IMF managing
      AP  -  566 words
    • Article
      Lock icon US economy expands 5.6% in 2nd quarter
      356 21 WASHINGTON This is achieved without pick-up in inflation Bloomberg THE US economy grew faster in the second quarter than previously estimated without causing inflation to pick up, government figures showed. Gross domestic product (GDP), the sum of all goods and services produced in
      Bloomberg  -  356 words
    • Article
      Lock icon Man U in US$300m deal with Nike: report
      206 21 LONDON AP NIKE is set to shell out US$3OO million (***** million) to have its swoosh logo appear on the jerseys of the world's most popular professional soccer club, Manchester United, according to a published report yesterday. The massive 15-year deal is
      AP  -  206 words
    • Article
      Lock icon Nays lead in Denmark poll
      265 21 COPENHAGEN AFP, AFXAsia, Reuters THE "no" vote held onto a lead of 52.1 per cent of votes in yesterday's referendum in Denmark on whether to adopt the euro, while the "yes" camp trailed with 47.9 per cent, according to a television forecast. The forecast, calculated
      AFP,; AFX- Asia,; Reuters  -  265 words
    • Article, Illustration
      Lock icon Should Lehman watch out?
      1612 25  -  commentary The Intel episode raises questions about prospects for the last major independent brokerage in the neurotic market says Christopher Byron Christopher Byron Bloomberg What a mess the stock market has become. Last Thursday afternoon, as the market closed, a single company Intel Corp announced that
      Bloomberg  -  1,612 words
    • Article, Illustration
      Lock icon Olympian apathy
      761 26  -  Letter from Washington When it comes to TV ratings, US polls and Olympics have something in common low marks, says Leon Hadar Leon Hadar BOTH the Democratic and Republican election campaign managers have been operating under the assumption that a large number of American viewers would be glued
      761 words
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      91 20 m/SVrwk ...ATans \«l lira h| <t ffltf I I' ■■HPIMiW ■^QSg^^^HKSTTT^ H ya?t^^ H &jni U4®l p| E (Simei Exit) iL. T WWIII m? cHAN«r 5T^ N JB^WtAL FAVOURITE SHOES Are you with us? f 'l HUSH PUPPIES *>C Junction 8 Tampmes Mall Great World City OUB Centre Plaza Singapura
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      66 21 Source INVESCO *rvd AMVf SCAP PIC rjrtK r uVl yw. lJfW w >v no GT Global G»o«wh fund and INVEVCO GT Global EMerpnw fund hj»* been imklw) to. tew than a i** the a»a.dt an,J pe«to.man<, thcwun a.e •Wo'"* tart'™—'rla» maead o< C d«u a tee to. the clao hnt
      66 words
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  • SYDNEY 2000
    • Article
      Lock icon Blind runner advances to 1,500m final
      262 22 AP FOR Maria Runyan. reaching the finals of the Olympic 1,500-metre race already is a success. Runyan, legally blind and the first athlete ever to compete in the Olympics and Paralympics, qualified 11th out of 12 last night. "I'm lucky," she said. "I keep
      AP  -  262 words
    • Article, Illustration
      Lock icon Golden boy of Greece pulls off a surprise
      1096 22 Jones on track to become star of Sydney while China continues gold harvest AP, Reuters TWO down, three to go. Marion Jones yesterday remained on track to become the defining star of the Sydney Olympics, winning the 200 metres with consummate ease.
      AP,; Reuters; AFP  -  1,096 words
    • Article
      Lock icon Double gold for Venus, as William sisters win
      499 22 Kafelnikov outlasts unseeded Haas in men's singles final to bag gold medal Reuters, AP VENUS Williams capped a heavenly season by becoming a double Olympic champion, joining sister Serena to produce a record-breaking doubles result to close the Olympic tennis competition. In
      Reuters,; AP  -  499 words
    • Article
      Lock icon Jayasinghe's 1st Sri Lankan woman to win Olympic medal
      387 22 Reuters SPRINTER Susanthika Jayasinghe ran a sparkling race yesterday to snatch a bronze in the women's 200 metres final behind Marion Jones for Sri Lanka's first Olympic medal in five decades. "I am very happy and very proud to have won
      Reuters  -  387 words
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      143 22 HUSH PUPPIES BOUNCE V iil **nP9p9v JBBjfc ||Se3 I H" flp v"3>"' ?#>ira9^ fl I You'll get more thariH 'Leg UP The Hush Puppies Bounce is engineered for superior wear characteristics to synergise with the natural bio-mechanism of the foot. Manufactured with low density air filled polyeather polyurethane, the Bounce
      143 words
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      Lock icon Page 24 Advertisements Column 1
      3594 24 I WnTlfigg To advertise call toll-free 1800-741 1883 Fax No: 741 1298 GIKEN HOLDINGS PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DULY CONVENED AND HELD AT 40 JALAN PEMIMPIN *04-05.TAT ANN BUILDING. SINGAPORE *****5 ON THE 20TH DAY
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      1403 24 CONTINENTAL GRAIN (SINGAPORE) FIT. LTD ■NOTICE OF SPECIAL RESOLUTIONS NOTICE IS lIF.RFBY GIVEN THAT AT A.N EXTRAORDIN ARY GENERAL MEETING OF TIIF COMPANY DEEMED TO HAVE BEEN lIEI D PURSUANT TO SECTION 179(6) Of THE COMPANIES ACT (CAP 50) AT JVF UNITED CENTRE 95 QI'EENSWAY CENTRAL HONG KONG ON THE
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      330 25 f I* if |i H a recent study shows that when you fl CODDLE I |l YOUR CUSTOMERS, IS:H. it's your shareholders who feel all H II WARM AND FUZZY. I ft* s s -a i^^H cL| Yl/llVtllVlTlg customers full payback on their Siebel investment in not only pays off,
      330 words
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      2084 26 ffl BANC A Dl ROMA (INCORPORATED IN ITALY WITH LIMITED LIABILITY) CONSOLIDATED BALANCE SHEET AS AT 31 DECEMBER 1999 AND 1998 (IN MILLIONS LIRE) Assets 31 December 1989 31 Ptttmfrr 1W» |Pr&joma) 10 Cash and deposits with central banks and post offices lanororK 20 Treasury bills and bonds eligible for
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      103 26 BMBPP #r« niHßi Corporate gifts that won't wear out their welcome. >- Sv^>x ;,a,-'i[M ii Pt jT I SMkF' i. With these fashionable and stylish golf shirts by Cutter Buck. Fila and other prestigious labels, your clients, partners and other happy recipients will be proud to wear them both on
      103 words
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  • FINANCE & commodities
    • Article
      Lock icon STI Sept futures end lower in thin trade
      301 27  -  SGX Derivatives Tntiin&Report ST Index/MSCI S'pore Index Lau Chee Keong Refco Singapore THE Straits Times Index closed marginally lower yesterday following the overnight drop on the US markets. Investors are still nervous about lower corporate earnings in the US. The Straits Times
      301 words
    • Article
      Lock icon Futures end lower after early gains
      236 27  -  MSCI Taiwan Index Lau Chee Keong Refco Singapore THE disunity in the ruling party sent the Taiwan stock market tumbling yesterday. The MSCI Taiwan Index lost 7.81 points or 2.62 per cent, to close at 290.50. The lower overnight US markets caused further losses.
      236 words
    • Article
      Lock icon Oil prices ease on Saudi vow to stem rally
      176 27 ENERGY REPORT Reuters [LONDON] Oil prices eased yesterday after assurances by Saudi Arabia, the world's biggest producer, that it would pump whatever volume was needed to quell this year's relentless price rally and bring stability to the market. "The kingdom is
      Reuters  -  176 words
    • Article
      Lock icon CURRENCY REPORT
      352 27 Reuters London THE euro wobbled as the first exit poll from a Danish referendum yesterday on joining the single currency showed that euro opponents were ahead, although losses were limited by wariness of central bank intervention. The euro briefly reversed early gains against the dollar after the first
      Reuters  -  352 words
    • Article, Illustration
      Lock icon Untitled
      1262 27 HTERBAMK CROSS RATES Sep 28 AS CS Brnt Euro Ffr Dm HK$ Ind»»Hupiah Yen Won KM H2$ Mi ts Ptso S$ Band Sfr HT$ BUt Pound US$ Australia 0.824 4.568 0.823 4.084 1.218 4.291 25.116 48.560 0.592 6.140 2.091 1.319 32.*****.455 0.959 1989 0.950 ***** 23.309 0.376 0.550 Canada 1213
      1,262 words
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      Lock icon Untitled
      1902 27 SICOM FUTUKES Sep 28 RUBBER (futures closing as at 5.30pm) RSS1 CONTRACTU CMts/kq) ClOM Volume Open Month High Low Sett (tonnes) Interest Oct 00. H4.25 Nov 00 116.00 Dec 00 H7.25 Jan/Mar 001 120.00 150 RSS 3 CONTRACT (US cents/*?) Volume Open Month High Low Sett (tonnes) Interest Oct 00
      1,902 words
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  • STOCKS east asia
    • Article, Illustration
      Lock icon HK stocks close lower on lack of clear direction
      2859 28 HONGKONG AFP, Bloomberg QH&nfSeng -2&38 HONGKONG share prices fell 0.2 per cent yesterday on a lack of fresh leads with the expiry of the Hang Seng September contract also constraining stocks, dealers said. The benchmark Hang Seng Index lost 28.38 points
      AFP,; Bloomberg  -  2,859 words
    • Article
      Lock icon Nikkei edges down ahead of NTT share sale
      1992 28 TOKYO AFP Q Nikkei 225 -1199 SHARE prices in Tokyo edged down 0.1 per cent yesterday to their lowest close since March 1999 as investors grew jittery about a government sale of Nippon Telegraph and Telephone Corp shares. Leading telecommunications firms including
      AFP  -  1,992 words
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      Lock icon CHINA
      998 28 Reuters n Shenzhen B Index -132 CHINA'S hard currency B shares retreated yesterday after hitting key technical resistance levels which ended a two-session rebound. Brokers said retail investors rushed to cash in on earlier market gains ahead of the week-long National Day market holiday next week. The Shanghai B
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  998 words
    • Article
      Lock icon TAIPEI
      347 28 AFP QWP Index -152J7 TAIWAN share prices fell 2.3 per cent yesterday to the year's low amid bearish sentiment over political concerns, dealers said. The Taiwan Stock Exchange Weighted Price Index dropped 152.17 points to 6,564.87. Yesterday's turnover was NT573.62 billion against NT586.38 billion in the previous session. Decliners
      AFP  -  347 words
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  • STOCK klse
    • Article, Illustration
      Lock icon Bank stocks drag KL market down
      442 29 AFP P Composite Index -7.61 MALAYSIAN shares closed one per cent lower yesterday on declines in banking stocks amid concern about the funding of a bank merger programme, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 7.61 points to 720.85. The Second
      AFP  -  442 words
    • Article
      Lock icon Untitled
      9415 29 INDUSTRIALS Consumer products 2000 LMt Vol Day Net Cap High Low Company Solo OOO High Low P/t W* 420 310 Ajinomoto 350 191 ,4V 158 50 Angkasa 50.5 0.5 13 52 50.5 74.5 670 290 Apollo Food Hlo *32 unch 2 432 432 9.4 172.6 3725 2700 BATMc l'. 3600
      9,415 words
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  • SGX clob & regional stocks
    • Article
      Lock icon Untitled
      3017 30 BONDS WARRANTS Sep 28 Wt »nrt« fnmj Ifn im| Vd EXi LntOMta »1 ii«K Cxw Cur Dm Win JiT** 4 L f J* COM) w# Lw fcnr» W* Prtc. 1%) S~n-»2 La« ft unch 152 6 5 5 5.5 6.5 7 41.0 1 300 290 13.08 10 51.5 5.5 S
      3,017 words
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      Lock icon SEOUL
      308 30 AFP Q Composite Index +&54 SOUTH Korean shares closed one per cent higher yesterday with the index up 6.54 at 605.85. Volume was 328 million shares worth two trillion won. AFP S*p 28 An«m S»ml 71 SO 150 Broln Toch T*0 -30 C»ntr»i Bank MO "5 Choil Comm *****
      AFP  -  308 words
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      Lock icon MANILA
      291 30 AFP F1 Composite Index +Z59 PHILIPPINE share prices rose 0.2 per cent yesterday with the Philippine Stock Exchange Composite Index up 2.59 points to 1,441.83. Turnover fell to 294 million shares worth 421 million pesos compared to 802.74 million worth 487.64 million pesos on Wednesday. —AFP Sep 28 Peso
      AFP  -  291 words
    • Article
      Lock icon WELLINGTON
      266 30 AFP QNZSE-40 +401 NEW Zealand shares rose 0.2 per cent yesterday in one of the quietest day's trading in recent months, dealers said. The NZSE-40 Capital Index closed up 4.01 points at 2,003.08 on turnover of just NZ$67 million. Telecom closed up two cents at NZ$6.l4. —AFP s«f 28
      AFP  -  266 words
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      Lock icon SYDNEY
      550 30 AFP fl AU Ordinaries +32J5 AUSTRALIAN shares rose more than one per cent yesterday as enthusiasm for market leaders News Corp and Telstra continued into a second day, brokers said. The All Ordinaries index rose 32.5 points to 3,236.8 while the SP/ASX 200 finished up 34.4 points at 3,290.7.
      AFP  -  550 words
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      Lock icon BANGKOK
      758 30 AFP Q SET Index -5.63 THAI shares fell 2 per cent yesterday on profit-taking and ahead of the end of the September quarter, dealers said. The Stock Exchange of Thailand (SET) index fell 5.63 points to close at 279.75 and the SET 50 index fell 0.46 to 19.27. Decliners
      AFP  -  758 words
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      Lock icon JAKARTA
      689 30 AFP Q Composite Index *5.39 JAKARTA share prices closed 1.3 per cent higher yesterday on bargain-hunting in major companies, dealers said. The Jakarta Stock Exchange Composite Index closed up 5.39 points at 415.52, off a low of 407.71. Volume of shares traded was 521.92 million valued at 212.53 billion
      AFP  -  689 words
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  • Article
    Lock icon STOCKS sgx
    9777 31 SGX M2UNB0AJU) Transaction date: Sep 28 Cr Cr M Wt 52-wk Last Vol Oay Last Quote Otv B» VM Net Cap Avg High Low Company Sale COOP) MUh Low Buyer Sollor C »r P/e Smll Price MULTI-INDUSTRY 163 77 m c AcmaSOc 735 unch 157 79 77.5 77
    9,777 words
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      121 31 H"M y watches are a hundred years behind the times. A certain feeling of unrest keeps me going. I don t simply want to make watches, I want to continually improve them. This means nothing less than bringing them up to the same standards of technical perfection and precision; the
      121 words
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  • ArtSingapore 2000
    • Article, Illustration
      Lock icon Emerging Asia art
      1346 32  -  With increasing recognition and official support, works of Asian artists are set to make an impact at Art Singapore 2000. PARVATHINAYAR takes a look PARVATHI NAYAR WHEN Art Singapore 2000 opens to the public today, something of real interest to collectors, dealers and artists visiting the show
      1,346 words
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      Lock icon Looking for art
      586 32 Where they are Art-2 Gallery: Teng Nee Cheong, Soh Chee Hui, Charles Cham, Iskandar Jalil, Min Wae Aung, Han Sai Por, Sun Yu Li Artfolio Gallery: Tan Chin Chin, Oh Chai Ho, Pacita Abad Canvas Cover: Louis Wah, Ng Yak Whee, Jean Francois Debognie Gajah Gallery: I
      586 words
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      92 33 m 1/ J- M W" ifl Jr^-fflFjf**.. fl B A jtfvH K 1 a -^a I v B. „-jg* a 5 jgfl V n fc I ,j V tbi <,* 4 S^jgKH 60 *2 Wom&L diP^nee' A heart for f others: tr mr Motoring Stationwagons: two estates with a difference
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  • EXECUTIVELifestyle
    • PERSPECTIVE
      • Article
        Lock icon Olympic fans are not born — they're made
        707 34  - Olympic fans are not born they're made People who don't watch the Olympics aren't necessarily social retards blithely ignorant of the greatest sporting event on earth. Or are they? jaime ee I'M WATCHING the Olympics on TV right now. There are young girls in identical tight leotard things prancing around,
        707 words
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        Lock icon Three who make a difference
        1465 34 COVER STORY IF YOU think you're too busy to contribute to society, don't let Kimmis Pun hear you say so. With a look in her eyes that suggests she might take you by the collar and shake you if necessary, she says: "It's a question
        1,465 words
      • Article
        Lock icon STRAWS In The Wind
        154 34 Unidentified sailing object WE'RE TOLD that this is part of a radio conversation between a foreign ship and the Singapore authorities off the coast of Pulau Preduma two years ago: Singapore: Please divert your course 15 degrees south to avoid collision. Ship: 1 recommend you divert
        154 words
    • EPICURE
      • Article
        Lock icon Pricey Californians
        945 35  -  WINE CONNOISSEUR Napa Valley growers are working hard to come up with wines worthy of their cult status. But should one pay so much for them? asks K ktong N K YONG BLU restaurant at the Shangri-La sells Screaming Eagle Cabernet Sauvignon at $600 per glass. At six
        945 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon Coming face to face with the past
        742 36  -  CINEMA The idea that the child is father to the man gets another airing, this time in the rather charming Disney's The Kid Geoffrey Eu IT'S THE eve of his 40th birthday, and Russ Duritz has good reason to be smug: he's at
        742 words
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      Lock icon CINEMA
      790 37 The Art Of War. Wesley Snipes is a UN agent whose job is to gather dirt on intransigent politicians. But when an ambassador is murdered, he gets the blame in this espionage thriller. Lido. Balestier, Century. Choa Chu Kang. Jurong. Oriental. Yishun, Bishan, Tiong Bahru, Suntec, West Mall. Sun.
      790 words
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      Lock icon ENQUIRIES AND BOOKINGS
      121 37 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun Overseas Movie I Clementi/Co'wealth I
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    • HEALTH
      • Article, Illustration
        Lock icon The great taste of health
        937 38  -  With some 100 restaurants taking part in the Ministry of Health's annual Healthy Lifestyle Campaign, there's certainly no need to sacrifice good nutrition for taste when eating out. leahbay checks out what's on offer at four of the participating restaurants LEAH RAY CHERRY GARDEN Oriental
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    • MOTORING
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        Lock icon A different BANDWAGON
        1092 39  -  Passing the creche test is passe, as Christopher tan finds out with two new estates CHRISTOPHER TAN IT'S NEVER been just about coffee, has it? I mean these chic franchises that make you queue for quirky concoctions they pass off as gourmet brew. Still, the crowds gather.
        ARTHUR LEE  -  1,092 words
    • UNIT TRUSTS
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        Lock icon SRI fund comes out tops
        922 40  -  Among local equity funds, the Singapore Regional Index Fund was best-performing over the last 6 months. SERENA NG talks to its fund administrator SERENA NG RETAIL investors still holding on to the Singapore Regional Index Fund may be pleased to know that the fund was
        922 words
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        Lock icon INDEX or MANAGED?
        945 40  -  mm money Understanding efficient markets theory can help you make that decision. ben fok The writer is executive director of Fraser Financial Planners Pte Ltd. He can be contacted at benfok a/raser.com.sg FOR many years, Singapore investors were investing in actively managed funds. Until recently, for the
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      • Article
        Lock icon The Henderson way
        124 40 Here, in a nutshell, are some key points of the firm's philosophy on technology investing. Money, not science. It's important not to be beguiled by technology itself, says the firm. There is a lot of exciting technology which never becomes profitable, and a lot of mediocre technology
        124 words
      • Article
        Lock icon UNIT TRUSTS SCORE BOARD
        381 40 UNIT TRUST/SECTOR (6 MONTHS 24MAROO-22SEPOO) CHANGE BENCHMARK CHANGE Top 10 funds 1 ACMIF Int Healthcare/ Healthcare Global* 15 04 MSCI0/AC 1106 2 Uob Utd Global Cap/ Fin Global 6 92 MSCI O/AC Fin 3 05 3 Optimix USD Fund/ Money Mkt 4.74 4 AIG Money Mkt/
        381 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Surge in buying amid weakness in market
        1179 41  -  INSlDEinfri«.7sE^ Sing Tel, SIA resume buybacks; purchases in Permasteelisa, Hwa Hong, FAN; selling in Natsteel 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 DBSSO Index continued
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      • Article
        Lock icon Adroit, LJ set to rise; M'sian autos shaky
        886 41 fcW.WMidea Adroit Innovations Shares of Adroit Innovations have slumped along with a weak market in recent months. But a solid earnings report card could turn the tide. On Tuesday, the Internet solutions provider posted profits of $1.82 million for the full year
        886 words
      • Article
        Lock icon ACU DEPOSIT RATES offered by various banks (as at Sep 27,2000)
        1341 41 Deport wnount 1-mth 6-mth Deport amount 1-nrtti 3-nrth 6-<nth A$ AS S10.000 A24.999 5 7500 5 9400 5 9800 25.000 74,999 5 0625 5 2500 5 6250 A25.000 A***** 5 7700 5 9600 6 0000 75.000- 149.999 ***** 5
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    • EXECUTIVEmoney
      • Article, Illustration
        Lock icon Time to buy?
        987 42  -  With housing loan rates at a new low and banks scrambling to win your business, is now the time to move in on your dream home? LING SU ANN watches the clock and finds that there's more to buying a house than getting the cheapest loan on
        987 words
      • Article, Illustration
        Lock icon Time to quit
        751 42  -  Henderson's star manager Tim Woolley has quit. What's next? By I Genevieve Cua SO, it's finally happened. Tim Woolley, star fund manager of Henderson's award winning global technology fund, has quit. Rubbing salt into the wound is the fact that Mr Woolley is taking with him the
        751 words
      • Article
        Lock icon New lows
        389 42 B board rate; P prime rate CEEGEZaoa DBS (Fixed) KeppelTatLee OUB (Fixed) UOB (Fixed) OCBC UNCOMPLETED PROPS COMPLETED PROPS COMPLETED UNCOMPLETED UNCOMPLETED PROPS COMPLETED PROPS UNDER CONSTRUCTION COMPLETED PROPS UNDER CONSTRUCTION COMPLETED PROPS PROPS 2-YEAR FIXED 5-YEAR FIXED 2-YEAR FIXED 5-YEAR FIXED Year 1 2.5 (fixed) 2.75 (fixed)
        389 words
  • Page 34 Advertisements
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      102 34 Hip 18*3 Hv »17 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
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      4 34 CROSSWORDS Turn to EL4
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      205 35 -"V 1 1565 t 'V* >^~-. Hyli VVKen thr^£days defined a peneratioa. v tfj- H.V> j£ t "< 7 fiflk H"*-"*- %k tA, HRmiLTon (l^~jji AMERICAN SINCE 1892 T "J^ can jou expect for $P Simply put, unexpected. rr 388^^^ agajgp;^iaagg*^^^^^ You would expect to pay a lot more for
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      230 36 Where to wine, dine and gSgsfiS mati&i K\<nrrieH- C<*Pe 113 Qtfw* 230p^ 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 Roost Sirloin of Beef Priced at $55*+»(with free
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      88 36 FunctWmßb'om®'® available for: private parties company dinner and dance conference seminar and meeting. I HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tel; 737 9944 Fax: 733 3175 Llll HSIM LOU &^grs»}'4 Happiness Deluxe Menu 8-Course Set Menu at only $29.90 per person (minimum 4 persons) Valid from
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      102 36 PONT/Ni a Irendv new ynrk style itjlian trattoria willi private dining rooms no» open 11» J U u!iV rr*» rt iiwßi, |ilii»r rjll U! 1 1X1 392 havclock toi J. Singapore 1C06C3 GRAND trkphonr: I'-Sl 733 03(t0 lanimik: (301 73; 3880 COPTHORN'E cmjil. 3?cJlhotclvcom.«9 A ".< lAI trifk IMMTVAt (<lf
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      105 36 Enjoy the most delicious recipes of the East 6L West from our Semi Buffet Lunch. Available Mondays to Fridays. From make your own Nonya Rojak to Fresh Oysters, Smoked Salmon with Thai Spices or Japanese Sushi. For the main courses, choose from Pan-fried Sea Bass with Asian Spices, Chicken Rice
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      45 36 NEPTUNE WEDDING 1 A TRULY UNIQUE OCCASION Call us at 224-3922 for a perfea start to a wonderful life ahead ~tb hoar. Overseas ('wort Haute. Collyer Quay: Singapore 049i2t Alamkirut StMfaparr _J I MffiS 333 Orchaid Road Singapore *****7 W: 737 4411 Fax: 732 2361
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  • Page 36 Miscellaneous
    • Miscellaneous
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      277 36 CRYPTIC CROSSWORD ACROSS 6 An oppressive rule (7) 1 Rise includes unemployment epa organised equipment benefit for a youngster (10) mountain staff (10) 9 A drop of ink? (4) 8 Rocket designer (10) 10 Big build-up in New York, for 12 Fancies being fostered by example (10) churchwardens? (4,6) 11
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  • Page 37 Miscellaneous
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      Lock icon Page 37 Miscellaneous Column 1
      2632 37 TODAY'S TV Pontrnl 8.00 Singapore Tonight PBflnmreimCT VTTmmiO 8.30 Business Tonight. 9.00 AM Kids Central: Sesa- 9.00 CNA Tonight. r rhp VirolTl PlTirl experience Maori cultui e 10.00 Percy The Park Keeper. 10.00 Singapore Tonight. I lie Vll gill CU.ICI. in the middle Of Stunning 1030 Tweenies 1030 Gateway Asia
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      237 38 RX3OO heights you aspire to, you're that much closer to attainment in the Lexus RX3OO. Seated way ahove 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 fully equipped to tackle any terrain. With
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      16 38 SPECIAL INTERESTS The Straits Times Classified. Classifications 52 86. dTi Buy h. Scfl h. Find It
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      71 39 B h V jttjhjk .i nk MOTOROLA V Jfc J [fltag j p?689 fJKtKm /J c rj? <s> /i^^K v<' xrSl> -r v a^i^miaiiiaaitt /m vf> /J Purchase the future at the following locations Cellstar Pacific Comit Communications hello" Teleshops Ml Shops Pacific Page Star Hub Shops Telechoice Int'l Internet
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      56 40 f (ffS\ Jones Lang W LaSalle. DlO MANHATTAN MANSION (GRANGE ROAD) Good Investment Potential Minutes To Orchard Road Freehold Various Units With Tenancy *i|g 2,153 sq ft- 2,293 sq ft 4+l Bedrooms jfclf rjj Excellent Condition For further information, please call JONES LANG LASALLE ■B£~ VINCENT CHONG Tel: 9759 7248
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      68 41 mWbw»* .gn Ik JHk ifl 1 i <£**■■> -^fl ,^y J r Aggjtfifl Mm WMBPBB J &»>. jlr —_~j*M 2JM aHk^J iykkfc Wisdom. The greatest asset one can possess. Benefit from the rich experience of our team of fund managers. Invest with us. Q DBS ASSET MANAGEMENT Call 1800-535 8025,
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      7 41 ff exclusively from see Web site www.ideaglobal.com
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  • SHIPPING TIMES
    • Article
      Lock icon MARITIME STOCKS
      295 43 SSI '000 i»a vot CWT Distribution 0.62 -0.01 7 Chuan Hup 0.37 0.01 651 Cosco Invastmant—0.17 unch 22 Freight Links 0.15 -0.01 49 GB Holdings 0.58 -0.01 7 Hai Sun Hup. 0.35 -0.01 377 IMC Holdtngs-HK 5.60 unch 0 Jay* Holdings 0.16 unch 184 Kappal Corp 3.56 unch
      295 words
    • Article, Illustration
      Lock icon MPA to launch world's first bunker surveying code
      564 43  -  It will also launch Internet portal for e-trading of blinker fnel next year By] Donald Urquhart [SINGAPORE] The Maritime and Port Authority of Singapore (MPA) is set to launch a world-first bunker surveying code of practice and licensing scheme. Minister for Communication
      564 words
    • Article
      Lock icon Internet usage hurt by reluctance to share info
      323 43  -  Byi Ann Toh [SINGAPORE] The Internet can solve many of shipping's imbalance problems but the industry's reluctance to share information may impede its potential, according to speakers at the Container Shipping II Executive Summit, which opened here yesterday. "Timely information exchange is
      323 words
    • Article
      Lock icon PSA, S'pore Poly get maritime awards
      149 43 [SINGAPORE] PSA Corporation was again named the best container terminal while the Singapore Polytechnic was honoured as the best seafarer training institute in Asia in the Lloyd's List Maritime Asia Awards last night. Indonesia's Soedarpo Sastrosatomo, chairman of the Samudera Group, was also inducted
      149 words
    • Article
      Lock icon Manila port closes alter worker killed in strike
      148 43 Reuters [MANILA] One worker was killed in a violent strike that forced a major international container port in Manila to halt operations yesterday. "One of our workers was stabbed in the neck and died," a spokeswoman at the International Container Terminal Services
      Reuters  -  148 words
    • SHIPPING news
      • Article, Illustration
        Lock icon Defence of classification societies fails to hold water
        786 44  -  STRAIT TALE By\ Seafarer LAST week, American Bureau of Shipping (ABS) president and COO Bob Somerville made an obviously well thought out counterattack aimed at fending off criticism of the classification societies and of the whole class system. Many in the industry
        FILE PHOTO  -  786 words
      • PORTShots
        • Article
          Lock icon Better links for Brazilian port
          113 44 [LONDON] Port operator Tecon has launched a daily rail service between its Santos container terminal and the interior of Brazil's Sao Paulo state to provide better transit for cargoes destined inland. The link offers a 10-hour transit time between the dockside in Santos and the
          113 words
        • Article
          Lock icon Panama Canal toll record
          59 44 [LONDON! A US Naval Reserve ro-ro has broken the Panama Canal's toll record after stumping up U*****,338.39 (*****,748)f0r its southbound passage through the waterway. The 28,525 dwtUSNS Red Cloud, delivered earlier this year by San Diego-based shipyard NASSCO, broke the previous record of U*****,114.80, set by
          59 words
        • Article
          Lock icon Pumping of 'Erika' complete
          43 44 [LONDON] Salvors have finished pumping residual oil traces from both the stern and aftsections of the Erika. A total of around 11,235 tonnes of oil was removed from the two sections of wreck during the course of the operation.
          43 words
    • Article
      Lock icon SHIPPING SCHEDULES INDEX
      312 44 PAGE ESP Lines 13 Accord 8 f> Ahrenkiei 14 foongSun 5 Appenship 5 Frt Links 14 AsiaOCL 13 Fuhai 1 Assets 8 G Link 4 Austral 8 Gemartrans 6 Avant 14 Genshpg 13 B'tang Mas 8 Glory Ha* 14 BSA 7 Hangl! 7 BTL 14 Hanjin 3
      312 words
    • Article
      Lock icon SHIPPING GUIDE
      23426 50 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage TelepJione ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number 07/10 27/10 MOL APL FRANCE 028W 65 *****86 To ABIDJAN (ABJ) 2003 Cote D' I voire 07/10 29/10 nyk nedlloyd hongkong
      23,426 words
    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        795 57 Vessel Voy No Berth Arrival Departure Cap«(*n lass *005 JjU< *!m 28/09/5*5 29/09/5*0 J«g ranq 6400 Jn 28/09/8*5 10/09/18:00 Winstar 2 3ISOO J03 28/09/7:20 28/09/20:00 Gr*at*»pr*ss JO? 28/09/8:00 28/09/23:59 Link 1 417 J04 28/09/1015 29/09/9*0 BayswattrlW M0238 J03 28/09/9 00 28/09/1600 Ds«*****9 Bdfc9« JO 28/09/9:40 28/09/17*0 ****** Bd69as
        795 words
      • Article
        Lock icon CONTAINER SCHEDULES
        1989 57 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From achicveb 3* nru.oo nmoo 27/1*59 27/1900 2A 27/17M 28/0659 29/WOC 21 27/1700 28/0*59 21/0100 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 ACJ SWALLOM 00*8 30/23:00 18 27/1500 27/1659 27/1900 2A
        1,989 words
      • Article
        Lock icon GLOBAL HOLIDAYS
        173 57 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 S Hong Kong: Chung Yeung Festival. Oct 9 Canada: Thanksgiving Day. USA: Columbus Day. Oct 10 Japan: Health Sports Day. Taiwan:
        173 words
      • Article
        Lock icon COCKETT BUNKER MARKET REPORT
        789 57 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
        789 words
      • Article
        Lock icon VERITAS BUNKER QUALITY REPORT
        516 57 Carton 180 Mai 990.7 0.9 15.4 0.09 77 0.04 Sep 21 Density Water Residue Ash Aluminium Sediment No above US 0 0 1 0 0 0 ITjJTr 380 Ave 986.7 0.5 12.2 0.07 32 0.02 Cum 380 Mai 993.1 6.9 16.4 0.17 64 0.05 HS/W3 V/V
        516 words
    • AIR & LAND transport
      • Article, Illustration
        Lock icon Asia forecast to lead growth in air travel
        336 58 Intra-Asian int'l business growth will average 6.9% a year between 1999-2004: lata Reuters [COPENHAGEN] Travel within Asia will lead the airline industry over the next few years, the International Air Transport Association (lata) said. While the global passenger numbers will rise 4.6
        Reuters; FILE PHOTO  -  336 words
      • Article
        Lock icon EC proposes creation of single air safety body
        234 58 Proposed agency will have powers similar to those of theFAAofUS Bloomberg [BRUSSELS] A single aviation safety agency for Europe was proposed by the European Commission, with the aim of achieving common standards throughout the region. At present, European countries have separate air
        Bloomberg  -  234 words
      • Article
        Lock icon United Air to start daily nonstop New York-HK flights
        458 58 Bloomberg [HONGKONG] UAL Corp's United Airlines, the world's largest carrier, said it will start nonstop daily flights between New York and Hongkong on April 1, putting pressure on Cathay Pacific Airways to follow suit. The flights from New York's JFK International
        Bloomberg  -  458 words
      • Article, Illustration
        Lock icon United to open wage talks
        80 58 [CHICAGO] Patricia Friend (centre), International president of the Association of Flight Attendants (AFA), at a news conference at Ch icago 's O 'Hare Internationa I Airport, as AFA United Master Executive Council president Linda Farrow (centre left) looks on. United Airlines, moving to avoid more
        AP  -  80 words
      • Article, Illustration
        Lock icon China Airlines to resume flights to Manila next week
        316 58 AP [TAlPEl] Taiwan's flag carrier will resume flights early next month, the airline said yesterday, effectively ending the aviation dispute that severed air links between the two close neighbours for a year. China Airlines (CAL) has scheduled 10 round trip flights
        AP  -  316 words
      • LOGBook
        • Article
          Lock icon Cathay to Install inflight e-mail
          76 58 AFP [HONGKONG] Cathay Pacific Airways will start installing inflight e-mail services and in-seat power systems in all newly acquired aircraft as well as the existing fleet next year, a spokeswoman for the airline said. The new systems are scheduled to be deployed in the first
          AFP  -  76 words
        • Article
          Lock icon Garuda needs extra US$40m a year
          81 58 AFX-Asia [JAKARTA] PT Garuda Indonesia said it would need an extra US$4O million annually if the oil price stabilises at the current level of U5537.28 per barrel from U5527.07 in July. Bisnis Indonesia quoted the airline's commissioner Robby Djohan as saying: "Fuel component of
          AFX-Asia  -  81 words
        • Article
          Lock icon Hainan Hldg to buy airline shares
          110 58 AFX Asia [SHANGHAI] Hainan Airlines Holding (Group) Co Ltd said it will acquire 33.2 million legal person shares in Hainan Airlines Co Ltd from China Everbright (Group) Corp. China Everbright will sell 30.7 million legal person shares in Hainan Airlines to Hainan Airlines Holding
          AFX Asia  -  110 words
      • Article
        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1947 58 on maw no mat no asm im mo« ma MMWt **8230 1850 Mow* VK/S0741 1310 W/***** 0905 LH6381 I860 SO/V*175 *30 SO/VH176 1035 S0230 *50 Wt/IOMO M» km t«rd*n K***** 0435 ****** 0040 Ortftf ***** BOO WW IMP $023 0645 ****** 2255 NMMkl AW 1815 *T90
        1,947 words
  • Page 43 Advertisements
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      151 43 Thereto no freight market report today doe to pressure on spaoe <Mm^ tm ■r 4fck J?ji i m M v IB 1 gAtiifi. |g iJHß&i&rc* MM p v v rtfS&sSnEaw E&& < A ■V r r 7 j The world's largest transhipnnent hub handling 10% of the world's container throughput.
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      Lock icon Page 43 Advertisements Column 2
      7 43 Defence of class societies fails toholdweter Pg2
      7 words
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      1142 44 I NORTH AMERICA I 1 EXPORT 1 1 OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LONG BEACH l~~[ WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) vtssa vot puaTTnosii lowwot onus Houston oocago hwtoh mbocoott" vtssa vot from! *ouwu samtomco coram ncauha SKjSS mm*eg" ooajtfM ««r "h/iT "h/IT m/u
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      Lock icon Page 44 Advertisements Column 2
      702 44 Lines services represented b Members of the Registry of .IV'SMs) Accredited Shipping Agents, Singapore Shipping Association Members of the Singapore Logistics Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FRIMANTLE MV "ARKTIS SIRIUS" V.0002 ETA SIN 02/10/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 V CONVENTIONAL CARGO »0«
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      1280 45 TO EUROPE FROM EUROPE jytSSfl VOT SIM Rum AW HAM ORV SOU fXT liH VtSStL VOT HTM Awn HAW WV SOU FIT liH SIN HYMNERAL 327W 02/10 20/10 21/10 25/10 10/10 HYDUKE 326t 00/09 09/09 13/09 06/09 01/10 MX HIS 010W 06/10 22/10 24/10 27/10 20/10 LA LOWE S36C 10/09
      1,280 words
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      Lock icon Page 45 Advertisements Column 2
      1807 45 ®(«s*«Mf Wriu He*»: HANJIN SHIPPING iik I-1 t fe.Myn In We *****30 HANJIN SHIPPING (S) PTt LTD Imp Imp* (am IOOKINC *****3S 737 SAKS *****74 731 OOCUMtNT *****71 774 OPtUTKWS *****50 7SI MAIN LINE *****5S fU S3AII4S CRNO **********0 M TO NW USA CANADA I USA CANADA* ft* VSI/VOY BAM
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      Lock icon Page 45 Advertisements Column 3
      520 45 VESSEL VOY Sl* PKG VOY SIN HKG KEL USD PUS *91 5!!! IS H!! z^zr k bmhmbqm m azai iizm ttASOVU 38S ib/W 71/(n 38N TTAH 03/10 OS/iO 07/10 07/10 X2l 1.1 li :1 li .1 KMTC HONGKOMC 013S 71/W 04/10 M/ 10 10/10 11/10 SffllßTH m IMS SLlfi TETt
      520 words
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      1759 46 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANAPA Vtsstt VOY I SIN L£H RTM ANN HAM WW HI VESSEL VOT SW CfT SPE H» MX MTW PUOONG SENATOR *Fiw~ 20 00 13 10 14 10 1110 17 10 1010 I*lo WASHINGTON SENATOR 0941W 20 01 IS 10 17 10 1110 7110
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      Lock icon Page 46 Advertisements Column 2
      1104 46 HAM MAC-NELS S PORE MSIA Carrier: MN CONTR LINES, INC P. GUDANG (07) *****26 I j cm m* 1 wmmmom S»U: (084) *****9 MANILA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUCHKG (082) *****1-3 PASIR GUDANG HO CHI MINH
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      796 46 EXPRESS CONTAINER FEEDER FOR N SHEW (CFS Mill UNO MUMBMCOLOMM ALSO ACCEPTING TO ALL NORTHERN ANO WESTERN I C O POINTS VetMl S PORE N SHEVA COLOMBO PKLANG TUISIDAS Vl3l 01 OCT 10 OCT 14 OCT 20 OCT CAPE CREUS V 113W M OCT 17 OCT 21 OCT 27 OCT
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      1724 47 [vessel voy khh hkg I sin pkl dxe i*» dmm bik IRAN BAAKERI PCI-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 15/10 22/10 23/10 25/10 27/10 IRAN TABATABAEI PCI-177 17/10 18/10 21/10
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      1214 47 To: YANTAI IYIRY SUNDAY (T/T:I2DAYS) YANTIAN IVItY MONDAY (T/1:4 DAYS) I GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/l) *****02 JOHORE OFFICE; COSTAR SHIPPING PTE LTD #12-00 SALES/BKGS *****57/43 INWARD DEPT (0/0) *****86 COSTAR AGENCIES (M) SDN BHD CRNO: **********0 M SINGAPORE *****8 CONVENTIONAL
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      1167 47 EUROPE EXPRESS SERVICt EXPORT IMPORT PUGWASH SEN O?3W 03/10 20/10 22/fo' 23/H)' 25J0 26/10 HJ IRUSSELS Mil 07/W 1 WO9 M/W '01 JO PUSAHSEN 015W 10,10 '27/10 29. 10 30' 10' 31. 10 01; 11 'W. 11 KJ ATHENS OOif 14/ M 16/09 18/64 21/09 68/10 HJPORTLAND 039W 17/ 10
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      882 48 EUROPE/UK/SCANPINAVIA/WNtAND/RUSSIA SERVICES EXPORT VBSU/VOYAGE SGf RDM HIG THf ZEE AMW LHV ALSO ACCEPTING CARGO TO ANO FROM; FINLAND DENMARK. SWEDEN. RUSSIA I NORWAY MEDITERRANEAN/BLACK SEA/EUROPE SERVICES EXPORT VISSa/VOYAGE I SGf 100 VKN OIS DRJ RDM RW THP ZH JWWOO67OOB* Wra 13/1015/10'17/10 11/'lo|ia/l0 LTUNIYOOA3OI3* 2C/103Z"10 ?4, 10 *2*lo *21 *24/10 llift>^MgCTril77l^o^6MlWl(>|Wlol-
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      373 48 ARABIAN PERSIAN GUI*/RAMAN SUB CONTMMT SERVICE EXPORT VESSEL VOYAGE SGf CMI DUI JIA AIU OMN lAN KHI NXV DING Hf 0162* 01/10- 12/10- 14/10 11/10UM ASSENT 0437 021* 02/10 04/10 11/10- 12/10 13/10- UM PRUDENT 0144 003* 03/10 12/10 IVIO 14/10 YIN HE 0183* 04/10 17/10 14/10- 23/10UW ACCOCO 0433-031*
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      692 48 refill PACIFIC INTERNATIONAL LINES (PTE) LTD A 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********0E 1 Ilvtssa vot no m m std mmm in wmwcsw I I WH6A TtMTAI 2 377 30/f '0. '0 13 10 20 10 27.-10 29. 101 I OOCI P«A<?QW Ql7 Mil 2/1P
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      497 48 SO TEL OK BLAMGAH ROAD M 242 CITIPORT CENTRE SPORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa \AJY ETA FID OESDNATBN MMUKWA *****0 2MR7IMO 2W***** PKL BALA* INABUKWA 4&7000 03.*****0 ICIIWOOO PALEMBAN&MUNTOK"ra. BALA* IKAGURI *****0 06.10.7000 071&7000 PONTIANAK For enquiries and bookings please
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      509 49 BSA i. M MYANMA WBk FIVE STAR LINE (Myonmar National Line) Loading for YangoH VESSEI VOY SIN PRI KM PGU MONG U 3SW SU) DAWEI 14W 30/09 MALAYSIA AG*NTS: lOUSTIAD SHIPPING AGE HCIES KUL TU 03-*****00 PKL Til 03-*****101 PEN: TU 04-*****02 PGU: Til 07-*****21/4 BANK LINE (A service of
      509 words
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      1495 49 HMME= HYUNDAI MERCHANT MARINE CO., LTD. Vtssa VOY |SBll SOU LB4 BIM ANT HAM WV~| IVESSa VOY I SOU I LEH BTM AW HAM WV 3T] MAAS S39W 29/09 20/10 21/10 IS/10 17/10 HYDUK 326E 13/09 06/09 17/09 09/09 01/10 DANUK SS6W 30/09 11/10 19/10 LAIOBtE S3t( IS/09 16/09 10/09
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      789 49 vOOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVY LIFT SERVKt" VESSEL VOT RAMP HEIGHT SIN LBC MAO MIA SAV lAL ORF NYC NEW MOI TAMO AHO2O~ 400T«w 6.3 M fij/uT 09/11 17/11 20/11 22/11 24/11 7S/V\ 27/11 01/12 06/12 TOURCOING AHO2I 400 Tom 6.3 M 26/10 26/11
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      477 50 RAMOKQK/lIAP TA WWT/Uiy CHABANO JAKARTA/PAMJANG VOT Ml V «SH il* JHL ]JUJ MS 'nw "SS— ill/In XfIHAIHUM"' 3SSW 01/1Q 24Z13 25Zli_ Mlim U7S M/ 10 05/10 SHIMAMAMI 3K 0110 06,10 04/10 UAQHt' f OS* '01 10 oj/IQ UKIIHUM 177N 0110 07/10 B IHUM I7SS I 03/10 01/lO AMAN IHUM II4N
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      272 50 INDONESIA NATIONAL LINE TO AUSTRALIA I WJLL COMEMHER SERVICE va vot we hb sn> m m m w totom n Q/lIM/II u/ii i«/i« ts/it usuai ~ST w/ioll/it i7/i» n/u a/t» a/io kmnhimc "»T i»/)ii7/ii »/ii »/w ji/i» n/iT~ tnnori jh o/»>m/i> »/io os/n »/ii ii/iT FEEDER SERVICE TO INDONESIA w
      272 words
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      451 50 TASMAN ORIENT NEW ZEALAND FTJI NOUMEA BREAKBULK CONTAINERS 14 DAYS FREQUENCY rosi w wo sm n nti smqi w smqi won suv m w in ro to iig USMAN atUSADQ *****7 2V09 74/09 JI/09 29/09 03/10 07/10 19/10 71/10 25/10 24/10 71/10 29/10 30/10 01/11 USMAN COMMANDER *****8 07/10 04/10
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      86 53 New Advertisers/Services/Agencies irZs New Econ Line 2 x Fixed Day Sailings per Week between S pore Bangkok, Laem Chabang See Page 14 FREMANTLE COCOS CHRISTMAS ISLAND WESTERN AUSTRALIA Turn to Page 8 Daily i ASSETS SHIPOWNERS MANAGERS PTE LTD AMI WmfNr SINGAPORE PTE LTD W IS McCallum Street »ovol/02 Natwest
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      49 54 JSX jfifoman, LINES II BWI MORE I NfW Bru >ti ww nu sjg p*nj p«d IMI gn m hop »o« *tw I- 05/10 02/10 29/09 1 27/091 HI 01/11 I 05/11 12/11 11/11 13/11 11/10 19/10 10/10 20/10 21/10 25/10 1 27/10 Hjj|| 23/11 I 27/11 04/12 01/12 05/12
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      38 54 SINOKOR MERCHANT !?!i" e'U!L y I MARINE CO., LTD. h> "TiE™ i«t e*^.. y FARWIDE SNIPPING AGENCIES PTE LTD EXPORT M: 721-882? (S Ums) fit: 226-1514 lI^SIiUiiJjBIHIMEIZimiiDIIiiHIBESi^HBii&iIHIEIdjHfIEISiIHIEHbIH CT: CHOYAMC HI: KMT RUNG USH: lIISAN PUS: HJSAN KWY: KWANGYANG
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      46 54 SHIPPING* WAREHOUSING lotaM: Singafxwv Dait> Man to Sal (BATAMINDO 1/mi Accepting HnX"onsenu«inal/Pio(ect/Hea\-\ Lift Caipo Reefer Container Imton: Stngapire leading M«m. Wed &Hi (BATAMINDOII) Accepting KT X'onsentKinal/Pniject Hea\> Lift Carpi Tel: 227 0322 Fax: 222 9330 BflfiMiiMk) Stripping WoreKo«smg Pt« ltd n jwfl C—>OVSl i i M9OS4
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      1069 55 SSAMUDERA SHIPPING LINE LTD 72 Anson Road, *06-01 to 03, Singapore *****1 MAIN LINE/OUTWARD: 532 3688 INWARD (DID): 437 2368 IMPORT STATUS (040): 437 237S INVENTORY (DID): 437 2420 Wobsito http://www.tomN4orn.com CR NO. **********0 M BOOKINGS UNE: 535 6266 (Celiq/Jessico/Mei Chon/Jeslynn/Doro/Yvonne/Honim) 8 SLGS/WEEKLY MM WIN.'I 3 SIGS/WEEKLY VESSEL VOT SIN
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      63 55 S ESP LINES NEW WEEKLY LCI SERVKE TO LAGOS VtSSII SAILING EVERY THURSDAY lOAMNG tVKY WtO AT KtPWL DISTRIPARK. COHVENTIONAL/IREAKIUIK SERVICE n*y* LOADING FOR "JW" IS/10/7000 HO (HI MINH VUNGTAU MV H* 17/10/7000 DUIAI DANMAM ttsa loams 'ton nni «iwo mowc tow m nun OfNfRAI EMO S POK TIL 7733*11
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      837 55 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWG SW I J«T I SU» IHW 1 TOG I CM»~ low HAI HYI I'ott SAV 1 HEW TAM I WOU I HOEGH MINE«VA/MS« 27/09 03/10 06/10 01/10 H/10 14/10 ?S/10 20/10 73/11 27/11 21/11 Ql/|2 QS/12 10/1? 14/1? HQKHWM aa u/ia
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      110 55 PT. Ncrtabhayu Perusahaan Pelayaran BELAWAN-SIN-P.KLANG WEEKLY SERVICE VtyNo tELAWAW SINGAPOKi POtT KLAWG fIA FTP HA ETO HA FTP K. kmritung bjMl KIO7SM 01/10 02/10 01/10 Mv Jwoidiung Express Mo 76* OS/IO 06/10 M/ 10 M. Kwrtung Express KXO77K 01/10 M/ 10 10/10 M« Kmrtiung Express UO7IS 12/10 13/10 15/10 M«
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      613 55 ENG LEE SHIPPING CO PTE LID I I M: *****22 (10 lises) F.i: *****31/532*9*0 T Ctlto: IStmOOO—t I VtSSll VOY SINfTA SIN (TO MSTI NATION Gondo II 900 ?9 -09 29/09 Ida* Union Slot 20 U '00 30/09 30/09 Suroboyc Irton SlorB 900 30 09 30 W Bl# Duma Uwn
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      658 56 VESSEL VOY SIN MAA SIN TIGER METRO 837N 0101/10 0&0»10 I*ls/10 TIGER STAR 838N 0&1Z'10 17-18/10 TIGER RHYTHM 839N 07 08/10 12 15/10 20 21/10 TIGER BRIDGE 840N 10-11/10 Ifr 19,20 24 25/10 TIGER METRO 841N 14 15.10 19-22/10 27 28/10 TIGER STAR 842N 17 1810 2126/10 31 01/11 VESSEL
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      1257 56 FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg WEBSITE: www.freighHinks.net DIRECT CONSOL TO CEBU MV PACIFIC EAGLE V 129 ETA SIN 04/10/00 IZMIR MV JAPAN SENATOR V0935W ETA SIN 05/10/00 FOR BOOKING: *****35/5339/5541/5553/3494 PROJECT SHIPMENT HEAVYLIFT
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      867 56 For booking enquiry (all *****80 www.ood.com \y OOCL guarantees weekly LCL service to USA! We can now accept LCL cargo to: Los Angeles Chicago New York Dallas Atlanta Transit time: Co-loaders are welcome 1 CFS Location: \Q Reliable 27thSept2000 Keppel Distripork ft Fixed Closing jw v -<kkl new york qBE39||
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      86 56 REGULAR SERVICE TO INDONESIA ETA ETO DESTINATION CHAHAYASTAR IN PT 01/10 PORT KLANG/PASIR GUDANG/JAKARTA TBN 02/10 05/10 PALEMBANG'PONTIANAK.WEDAN PANGKAL BALAM (EAST TIMOR) CHAHAYA VICTORY 03/10 05/10 BANGKOK/PONTIANAK REGULAR SERVICE EX YANGON JUBILANT 04/10 08/10 VISAK/CALCUTTA/YANGON REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS DURBAN EXPORT VOY SiN PTL DBN
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      132 57 ~10 I_llE_ _"~~12 EE ~jHk k.J LEGEND: Issued by Meteorological Service Singapore K Thunderstorm A Showers o Rain emperature C„/ Wind direction and speed in knots Weather Cloudy Day IX3 u„ u az Sea Conditions Wind speed symbols I O Full circle w/o line indicates calm or light and variable
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