The Business Times, 12 October 2000
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2000-10-12
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The Business Times
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Title Section14 2000-10-12 1 SThe BusinessTimes MITA (P) 035/12/1999 85C SINGAPORE lnl?rret: rinp://hLiSiness-times.asial .com.sg/ THURSDAY, OCTOBER 12, 200014 words
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Article70 2000-10-12 1 jjDuUMW n sr index muiEs pi vnm (-6i.oe) n SmSd FUTURES 111IU* (-6-40) 8IVXX llilKET mSOCBS Wednesday Change KL8E0QMP 714JI +3J» NIKKEI 226 1M1U? -314. tt JUNO SENG 14,127.90—-427.11 SET1NDE* WO 438 JAKARTA OOMP —***** 4M MANILA UOMP USUI 596 TAIPEI WPI -W&87 SEOUL OOMP 467.18 -31-11 CLSA70 words
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Article73 2000-10-12 1 FOKEX KATES ust St \m L7ii £(USS/S$pcr£) 1.4M U64 EURO{USt/S$/E) 6.876 1.533 DM lin 1171 TEN 1*7J 61 JO EM- UN 1171 HKS 7.7K 4464 BAHT 4U6 UJU RUP1AH 8JM MM PUKE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.87 JAKARTA 3906 BANGKOK J.» MANILA 11.00 HONGKONG 8.60 TAIPEI 7.84 SYDNEY73 words
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Article, Illustration695 2000-10-12 1 Ven Sreenivasan - Singapore stocks slump 3.5% while plunge in Korean market tops 5% By Ven Sreenivasan [SINGAPORE] Asian bourses haemorrhaged yesterday following yet another Wall Street profit warning, which in turn sent the Dow Jones and Nasdaq indexes tumbling again on Tuesday. In Singapore, theSource: Reuters - 695 words
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719 2000-10-12 1 Audrey Tan - exclusive By. Audrey Tan [SINGAPORE] Five Singapore companies have made it to Forbes Global's latest list of the 300 best small companies in the world, with one listed electronics manufacturer GES International among the top 20. The other four are:719 words
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648 2000-10-12 1 Anna Teo - By Anna Teo [SINGAPORE] Coming hot on the heels of stronger-than-ex-pected third-quarter GDP figures, the announcement yesterday of a 4-point hike in the employers' Central Provident Fund contribution rate came as no surprise. And other than hitting employers' pockets, any impact elsewhere particularly in648 words
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Advertisement87 2000-10-12 1 ntaPß KxscSuK* Property experts on why they think land sales for private homes and executive condos will come down next year. *99* S'pore economy Is the recovery patchy? Pg 9 BT Comment When will the US dollar be hit by Wall St*s woes? Motoring Over 30 C&C staff led by87 words
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Advertisement92 2000-10-12 1 Get a free copy or Forbes Giobal tomorrow with your ST Tomorrow's issue of The Business Times will come with a complimentary copy of Forbes I Global. It will be the first issue of the US publication to be printed in S'pore. Make sure you get your copy of both92 words
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Advertisement208 2000-10-12 1 Se&gate results, outlook for Creative, Pg 4 HK, Tokyo markets: Fuller reports, Pg 4 Master of S'pore tanker west 9 f. if p Forbes Global targets 50,000 Asia circulation by early 2001, Pg 11 k Vk HL JH w jflMll M v '-v» 1 "^^r?s£ls*?S£ IS? v.iA f TBbJSr £l£Hfc208 words
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NEXT page
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Article, Illustration713 2000-10-12 2 Quak Hiang Whai - No major economic, business initiatives unveiled in HK Chief Executive's speech Fromi Quak Hiang Whai in Hongkong AFTER focusing on environmental issues last year, Hongkong Chief Executive Tung Chee-hwa yesterday turned the spotlight on education and public accountability in his fourth Policy Address whichREUTERS - 713 words
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ON THE grapevine
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Article150 2000-10-12 2 A LITTLE bird told us that the WPP group which includes a host of advertising and PR firms, including the O&M group, Hill Knowlton and J Walter Thompson plans to house all its companies in Singapore under one roof. The venue that had been suggested is150 words
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Article159 2000-10-12 2 WANT a great snapshot of the state of the financial markets? Here's one from Financial Insights, a US newsletter based in New Jersey: "We are presently in no-man's land. Are we in this process of building an important base from which a new major advance159 words
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Article58 2000-10-12 2 WHEN the STI crashed to close below 1,900 points on Monday, BT Online asked its readers to respond to various statements the following day. The poll results are as follows: This is the beginning of the end: 43% It's not so bad because volumes58 words
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468 2000-10-12 2 D Ravi Kanth - Members' arrears hit 35% of current year's outlay By D Ravi Kanth in Geneva THE World Trade Organization (WTO) is in dire straits as its cash reserves are barely sufficient to keep the organisation ticking for the next 18 days no468 words
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Advertisement73 2000-10-12 2 CPF: your views Take part in our on-line BUZZ and give us your views on the latest CPF restoration. CKck on 1 .eonumg B V LG A R I fp o watch Singapore, Hilton Hotel 73 7 16 5 2 Takashimaya Department Store 735 6689 Cortina Watch Centre, Millenia Walk73 words
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SINGAPORE economy
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Is the recovery patchy?
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Article732 2000-10-12 3 Siow Li Sen - By I Siow Li Sen FOR Ms Foong, the sizzling growth numbers tell a very selective story. It ignores the army of struggling small-time businesses which went under during the Asian crisis because their markets were Indonesia or Thailand. According to the government's latest estimate,732 words
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517 2000-10-12 3 Serena Ng - RETAIL By I Serena Ng FAR from being a laggard, the retail sector has seen improvement in line with the robust economic growth in the first three quarters of this year. But buying sentiment is expected to turn cautious in the fourth quarter, economists517 words
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Article, Illustration513 2000-10-12 3 Marissa Chew - CONSTRUCTION By\ Marissa Chew GDP growth may look rosy this year, but the construction industry is not breaking out the champagne yet as players battle for a small pool of contracts. Construction activity usually lags the wider economy by one to two yearsSource: BCA - 513 words
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Advertisement140 2000-10-12 3 v i|^L ft M^k Hp j k You can'! reach new heights in today's eßusiness world unless you get all your ducks in a row. You need integrated networks that let your employees, partners, suppliers and customers work together. And all their different operating J EL systems, intranets, extranets and140 words
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TECH bust
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Article, Illustration379 2000-10-12 4 David Boey - But its earnings guidance fails to stop shares falling 5.9% to $28.70, the lowest since Feb Reports byl David Boey IN a move apparently designed to shore up flagging confidence in its shares, Creative Technology Ltd, the world's biggest soundcard maker,Source: Bloomberg - 379 words
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Article, Illustration491 2000-10-12 4 Bat component shortages could limit sales growth in Q2, it says CALIFORNIA-based disk drive giant Seagate Technology yesterday posted strong first-quarter earnings of US$75 million (*****.3 million), but warned component shortages could cap sales growth in the next quarter. Speaking via tele-conference yesterday morningFILE PHOTO - 491 words
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Article, Illustration476 2000-10-12 4 David Boey - David Boey ELECTRONICS stocks took a pounding yesterday after Lucent Technologies Inc, the world's No 1 maker of phone equipment, told investors its third-quarter results would fall below market expectations. In a by-now familiar routine for market players who take their cues fromSource: Bloomberg - 476 words
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517 2000-10-12 4 NYT Bloomberg [NEW JERSEY] Lucent Technologies warned investors on Tuesday that earnings would fall short of already lowered expectations as competitors gnaw away at the company's business in several areas, sending its shares down as much as 27 per cent toNYT; Bloomberg - 517 words
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Article511 2000-10-12 4 Anthony Rowley - Froml Anthony Rowley eri Tokyo TOKYO stock prices slumped by nearly 2 per cent yesterday to their lowest level in 19 months as investors reacted to Tuesday's sharp fall on the US Nasdaq market and to the collapse this week of Japan's Chiyoda Life company. The511 words
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412 2000-10-12 4 Quak Hiang Whai - From< Quak Hiang Whai in Hongkong SPOOKED by overnight losses in the US market, Hongkong stocks plunged yesterday with technology and telecoms stocks leading the way. The Hang Seng Index inched nearer to the key 15,000-level when it retreated another412 words
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Advertisement7 2000-10-12 4 Yahoo narrowly beats earnings estimates, Pg 177 words
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Advertisement70 2000-10-12 5 Why wait? Priority baggage handling means Star Alliance™ Gold members are among the first passengers to get their bags off the carousel. If you would like to become a Gold member, or simply learn more about Star Alliance visit us at www.staralliance.com STAR ALLIANCE The airline network for Earth! y70 words
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SINGAPORE companies
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Article, Illustration551 2000-10-12 6 Lee Han Shih - Healthcare group's HK-listed associate pays USslo2m for indirect 56.4% stake By] Lee Han Shih LISTED Parkway group yesterday confirmed news reports that it had bought a controlling stake in the luxurious Amanresorts chain, at a price to earnings ratio that is one-third551 words
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788 2000-10-12 6 paul thompson - lock siew paul thompson LOCAL analysts and investors should thank their lucky stars they don't live in the UK. Why? For the simple reason company announcements in the world's third largest stock market by market capitalisation are usually timed before the start of share788 words
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Article115 2000-10-12 6 IPC Corp will buy Centrix Distributed Computing Protocol Solutions and the rights to the software for US$5 million (558.75 million) from New York-based Centrix Solutions Inc. IPC said yesterday the acquisition is meant to complement its Thin Computing core business. Centrix DCP enhances access to115 words
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371 2000-10-12 7 Conrad Raj - HK-listed group to open restaurants, entertainment complexes in Asian cities By Conrad Raj PLANET Hollywood, one of the most famous celebrity-themed restaurants in the world in which Singapore hotelier Ong Beng Seng holds a stake, is planning to sell its371 words
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COMPANY Briefs
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97 2000-10-12 7 INTERNATIONAL rating agency Fitch has assigned an "AA-" rating to Goldman Sachs' $130 million debt issue. The Singapore dollar issue comprises two tranches. The first totals $60 million and matures in 2005. The second totals $70 million and matures in 2010. Goldman said strengths97 words
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99 2000-10-12 7 PROPERTY firm Raffles Holdings has appointed Wong Toon King a director. Mr Wong is the founder and co-chairman of Silkroute Holdings, a group of Internet and e-commerce service providers in Asia. He is also chief executive of e-commerce provider ECnet. Before setting up Silkroute, Mr99 words
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Article59 2000-10-12 7 FRASER Neave said yesterday Brierley Investments has bought another 120,000 of its shares in the open market at $5.97 apiece through Inscribe Investments.. This raised Brierley's stake in the food and beverage firm to 7.56 per cent from 7.52 per cent. Brierley has said it plans59 words
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Article, Illustration239 2000-10-12 7 WATCH any movie you fancy in the comfort of your home. That's what Cathay Organisation Holdings (COH) will be offering Singaporeans soon. The company said it had been granted a licence by the Singapore Broadcasting Authority to provide video-on-demand (VOD). The five-year239 words
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Article, Illustration339 2000-10-12 7 Cheah Ui-Hoon - Ryi Cheah Ui-Hoon LISTED ABR Holdings, which runs the Europa chain of pubs, Swensens' Restaurants and the Raffles Town Club, has invested $1 million in Cine Art Pictures as it ventures into the movie making industry. The move is in keeping withFILE PHOTO - 339 words
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Advertisement119 2000-10-12 6 |||p,- JfV 1 v*#ȣ f%-, "i|^ t j I Want to breathe new life into your business? Try 3 or 4 billion new customers. How can Ik Asia-Pacific businesses reach more of the world's largest > potential market? With Internet-related business solutions f from Asia Online. Their expertise is transforming119 words
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Advertisement46 2000-10-12 7 ill Rim companies into e-commerce pioneers. As rJHr m Asia Online's lead U.S. investor, as well as a J long-term partner, we're transforming them into f »J i*Mk^£tr\J a global leader. A new plan, a new community. mfj^H^MBHBBBHI The same resourcefulness, the same fervour. J JPMorgan46 words
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SINGAPORE markets
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Article, Illustration198 2000-10-12 8 R Sivanithy - WARRANT WATCH By 1 R Sivanithy IN times of extreme bearishness, warrant premiums tend to contract as investors bail out of what is basically a bullish instrument. Such is the haste to exit the instrument that often we see a fall in the198 words
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Article524 2000-10-12 8 Stocks Volume SimLian 10c 23,652,000 NatElec 10c 13,271.000 NOL 8,678,000 PacificCenturylOc 8,004,000 Chart SemiCooductor 26c 7,838,000 DBS Land 7,136,000 SMRT10C 6,185,000 ST Engg 10c 5,840,000 KianAnn20c 5,756,000 ST Assembly 25c 5.704.000 Stocks Chart SemiCooductor 26c 62^382,480 NatElec 10c 42,464,500 DBSGrp 42,232,038 SPH 35,991,377 Datacraft 10c 25,683,747 VentureMfg25c 23,391,418 DBS Land524 words
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Article, Illustration529 2000-10-12 8 r. sivanithy - STOCKS r. sivanithy MORGAN Stanley's Barton Biggs recently wrote in a strategy piece that "Nasdaq is driving the world's economies". Perhaps he should have written "Nasdaq is driving the world's stock markets", given the way the local and regional markets collapsed529 words
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Article, Illustration708 2000-10-12 8 larry wee - CURRENCIES larry wee THE US dollar remains relatively unscathed despite continued sharp falls on Wall Street, and the likelihood of yet more to come. So how much more will Wall Street have to fall before the US dollar startsSource: Reuters - 708 words
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Article138 2000-10-12 8 ♦LEE Metal Group will acquire 5.5 million ordinary shares of $1.00 each, fully paid, of Lee Welded Mesh Singapore for $3 million. This represents 50 per cent of the total issued capital of Lee Welded Mesh. The acquisition will make Lee Welded Mesh a wholly-owned subsidiary of Lee138 words
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Advertisement501 2000-10-12 8 BILO Brierley Investments Limited BRIERLEY INVESTMENTS LIMITED (Registered in Bermuda) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Annual General Meeting of the Shareholders of Brierley Investments Limited ("the Company") will be held in the Paget Suite, Elbow Beach Hotel, 60 South Shore Road, Paget, Bermuda on501 words
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Advertisement52 2000-10-12 8 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may fall as I well as rise Ol M»SBATJK TiuMiKiNtssTiMrcs Shipping Times sdays52 words
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SINGAPORE news
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Article, Illustration623 2000-10-12 9 Eugene Low - They can take leaf from Danes and Swedes in funding varsity research Reports from Eugene Low in Copenhagen PRIVATE sector companies in Singapore should follow the example of their Danish and Swedish counterparts and play a more direct role in funding university623 words
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Article257 2000-10-12 9 FOR a fledgling biotechnology start-up like Exiqon, locating in Medicon Valley one of Europe's leading life science hubs clearly has its advantages. The company is among more than 80 biotech firms that have set up shop in Medicon Valley, which incorporates Copenhagen in Denmark257 words
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Article343 2000-10-12 9 Teh Hooi Ling - fit/' Teh Hooi Ling DAVNET Singapore, a facilities-based telecoms licensee, has wired up Suntec City, which means it now can offer broadband access to 442 customers who are tenants in the building. It has also established its second hub in Shaw House in Scotts Road,343 words
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166 2000-10-12 9 THE National University of Singapore (NUS) and the Singapore Productivity and Standards Board (PSB) have set up a centre to help smalland medium-sized enterprises. The centre, set up with a $2.3 million grant from the Enterprise Development Fund, will be administered by PSB. Called166 words
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530 2000-10-12 9 Catherine Ong - From I Catherine Ong in New York SINGAPORE was elected yesterday to a two-year term in the United Nations Security Council, winning all but four of the votes cast. The Republic received 168 votes from 172 member countries which voted for five new non-permanent530 words
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612 2000-10-12 11 Kalpana Rashiwala - URA price index long overdue for sharp correction, he says By Kalpana Rashiwala IN the bleakest report so far on the Singapore property market, Colliers Jardine's new research head yesterday said private home prices may have dropped as much as 5 per cent612 words
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Article, Illustration616 2000-10-12 11 Audrey Tan - Singapore is now its biggest market outside UK By. Audrey Tan FORBES Global is expecting its circulation in Asia to hit 50,000 by early next year, and it has begun printing in Singapore to accelerate distribution to its Asian readers. TheARTHUR LEE - 616 words
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Article, Illustration343 2000-10-12 11 Teh Hooi Ling - By Teh Hooi Ling CHALLENGING work and opportunities for promotion are more important to New Economy employees than base pay, according to a joint study by human resource consultant Towers Perrin and the Economist Intelligence Unit. "The key is to provideSource: Towers Perrin - 343 words
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247 2000-10-12 11 AP LAWYERS yesterday gathered evidence in a Singapore court for two British lawsuits against former bank auditors accused of failing to warn their client about Nick Leeson, the high-flying young trader who brought down Barings Bank with more than US$l billion (551.75AP - 247 words
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539 2000-10-12 11 Ling Su Ann - Fixed-income, regional currency businesses to stay By] Ling Su Ann ABN Amro Bank, one of the four qualified full banks in Singapore, is the latest to move its Group of Seven currency and fixed-income trading operations out of the Republic. The539 words
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Advertisement112 2000-10-12 9 DANIEL ROTH "Premier" Exclusive Daniel Roth module. The dragging retrograde hour hand I advances 210 s to return instantly to its point of departure before continuing its course. Date at 6 o'clock. > yO*N if SINGAPORE THE HOUR CLASS Takashimaya SC. xA MALAYSIA THE HOUR CLASS Lot 10 Shopping Centre,112 words
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Advertisement55 2000-10-12 9 HBr fvjj k 4 I If only all your business partners were as flexible. Sarnsonite WORLOPROOf 1 Scott*. Road #04-39 42 Shaw Centre Sinciapo'»-*****8 Te Fi> •'•!> M joi 3 Temasek Boulevard #02 039 041 Suntec City M ill Singapore *****3 Te F i. '8* r >s Also available at55 words
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MAIL bag
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355 2000-10-12 10 Tan Heng Huay - 'lndividual(s) are free to decide if they want to engage the services of housing agents.' Tan Heng Huay Head, Public Affairs Housing Development Board Singapore WE refer to the recent letters to Mailbag published in The Business Times regarding the commission charged by355 words
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Article, Illustration182 2000-10-12 10 Lee Hock Soon - Lee Hock Soon EVERYONE seems to be running scared with earnings warnings from companies in the US. Relentless selling of stocks here is not only damaging the market but the economy as well. I am not convinced that all the selling here is from peopleFILE PHOTO - 182 words
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Article199 2000-10-12 10 Denis Distant - Denis Distant I REFER to the letter, "Simplistic to say directors not worth their pay" from Philip Loong Tien Choon (Mailbag. Oct 9), and am amused by this comment of his: "In addition, independent directors ensure good corporate governance without fear or favour. It is for199 words
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155 2000-10-12 10 Peter Wang - Peter Wang I REFER to the reply from the Central Provident Fund Board, "Net CPF fund flow deficit not unhealthy" (Mailbag, Sept 28). I applaud the government for allowing more money from our own account be used to invest in unit trusts. However,155 words
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Advertisement166 2000-10-12 10 With finatiQ Money Savvy, your fixed deposits earn 50% more interest. Now if you invest in Money Savvy*, you can get 50% more interest on your fixed deposits. Money Savvy is a bundled investment of Fixed Deposits and Unit Trust subscriptions, where your fixed deposit amount can be equivalent to166 words
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Advertisement18 2000-10-12 10 ITODAY®fe**fll llanhe Zaobao Family feud: J Son of Formosa Plastics Group's chairman washes dirty linen in public I18 words
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Advertisement131 2000-10-12 11 Legal Studio.com" Legal Documents ill Check it out at: www.legalstudio.com nmm TirrAwr von iusikui >•0* Tiffany &cq Just Published Please call 735-1848 to receive the latest Tiffany Business Gift Catalogue. Classic Tiffany designs in the celebrated "Tiffany" Blue Box generate more anticipation and appreciation. I > v f .V V131 words
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EDITORIAL & opinion
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Article, Illustration806 2000-10-12 12 leon hadar - Ci;i=i bottom line OPINION leon hadar The writer is BT's Washington correspondent AS a new cycle of Israeli-Palestinian violence flares in the Middle East members of the foreign policy establishment in Washington, pursuing the unipolar mission of the World's Only Remaining806 words
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Article50 2000-10-12 12 The Clinton-Gore administration has been excellent on the soapbox, excellent at talking about global warming—but in practice, the United States has been almost the most counterproductive nation, a leader of the forces of delay.' -John PamuanUndo executive director of Greenpeace USA, on tougher regulations on energy use.50 words
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610 2000-10-12 12 EDITORIAL THE Indonesian Bank Restructuring Agency (Ibra) is apparently stepping up the pace in its attempts to clean up Indonesia's long-suffering banking system and debt-drowned corporations. At a roadshow in Singapore on Monday, Ibra vice-chairman Arwin Rasyid claimed that the agency was on a610 words
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Article, Illustration874 2000-10-12 12 Robert J Samuelson - That is the pressing question to consider, since it appears that good times can breed their own undoing By. Robert J Samuelson THE most uncovered business story today may be corporate mega-merg-ers and, particularly, cross-border mergers. It's not that they've gone unnoticed. QuiteREUTERS - 874 words
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Article, Illustration759 2000-10-12 12 Paul Krugman - COMMENTARY By\ Paul Krugman The writer is a professor of economics at MIT NYT THERE once was a land where people lived only two years. In the first year, they worked; in the second year, they lived off their personal savings. There came a timeNYT; AFP - 759 words
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MALAYSIA news
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Article, Illustration563 2000-10-12 13 KUALA LUMPUR Courts' unpromising debut yesterday portends tough times for strapped firms Bloomberg Reuters INITIAL share sales planned by United Engineers Malaysia Bhd (UEM) and Time Engineering Bhd, two of Malaysia's biggest companies, may be at risk after the slumping stock market tookBloomberg; Reuters; AP - 563 words
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405 2000-10-12 13 KUALA LUMPUR It sees its subscriber base hitting 1.4 m by early 2001, overtaking TRl's Um Reuters MAXIS Communications Bhd says it expects to be the leading Malaysian mobile phone operator by early next year, following strong gains in subscriber numbers over theReuters - 405 words
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Article, Illustration361 2000-10-12 13 KUALA LUMPUR Reuters MEMBERS of Malaysia's largest private-sector trade union picketed yesterday for the first time in 13 years to protest the government's slow handling of labour complaints. Some 500 workers and supporters picketed for an hour outside the Human Resources MinistryReuters; AFP - 361 words
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232 2000-10-12 13 KUALA LUMPUR Bernama BRITISH Airways yesterday announced the suspension of its services between Kuala Lumpur and London with effect from the end of March 2001, as part of global adjustments to the airline's network. "The London HeathrowKuala Lumpur route has unfortunatelyBernama - 232 words
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Advertisement215 2000-10-12 13 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. CATS. Another Classified Service Legal Studio.com" Corporate maintenance made affordable with... a Shareholders' Maintaining Resolutions a Company Directors' DIY kit Resolutions Corporate Agreements Download low-cost legal documents215 words
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REGIONAL news
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Article, Illustration518 2000-10-12 14 MANILA Governor also accuses Estrada's sons, aides; move to impeach president today AFP A PHILIPPINE provincial governor, who accused President Joseph Estrada of taking bribes from gambling bosses, yesterday implicated the leader's two sons, some of his aides and ruling party senators in the deepening scandal.AFP; AP PHOTO - 518 words
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219 2000-10-12 14 AP [JAKARTA] Prosecutors are investigating new corruption allegations involving ex-president Suharto's youngest son as he tries to avoid a prison sentence for an earlier graft conviction. Attorney-general spokesman Yushar Yahya yesterday said they had confiscated three helicopters leased from the Indonesia's Forestry Ministry toAP - 219 words
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296 2000-10-12 14 BANGKOK He says Bank of Thailand will move to stop baht slide as it hits two-year low AFP THAILAND'S Prime Minister Chuan Leekpai yesterday blamed the fall of the baht to a two-year low on the decline of the Philippine peso over aAFP - 296 words
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Article, Illustration862 2000-10-12 15 Anthony Rowley - China has made efforts to ease friction as it wants to stop fall in Japan investment, aid Fromi Anthony Rowley in Tokyo CHINESE Prime Minister Zhu Rongji will arrive in Japan today to begin a five-day official visit which is designedREUTERS - 862 words
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265 2000-10-12 15 TOKYO Bloomberg CHINA'S Hainan International Trust Investment Corp failed to make payment on 14 billion yen (***** million) of bonds mainly owed to Japanese investors, a day ahead of Zhu Rongji's first visit to Japan as China's premier. The Hainan provincial government's state-runBloomberg - 265 words
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Article, Illustration707 2000-10-12 19 WASHINGTON B&rshefeky to meet Premier Zhn today to iron ont disputes over joining WTO Reuters US PRESIDENT Bill Clinton signed into law on Tuesday a historic bill granting permanent normal trade relations to China and dispatched his top trade negotiator forReuters; AP - 707 words
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317 2000-10-12 19 SHANGHAI Analysts dismiss talk of ynan devaluation, say speculators are spreading rumours Reuters CHINA'S central bank yesterday said there had been no change in policy on its yuan currency, responding to rumours Beijing was considering a devaluation. Analysts said China was taking aReuters - 317 words
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262 2000-10-12 19 NEW DELHI AP A PROSECUTOR urged a special court yesterday to sentence former prime minister PV Narasimha Rao to "the most rigorous punishment" possible for bribing lawmakers to side with his government in a crucial confidence vote in July 1993. Rao's attorney arguedAP - 262 words
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e-NEWS
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Article, Illustration569 2000-10-12 17 SAN FRANCISCO But it hints at tough days ahead with fall in advertising spending by dotcoms NYT UNDER close scrutiny from jittery technology investors, Yahoo posted quarterly earnings on Tuesday that narrowly beat expectations, but the company also suggested that failures and scaling back amongNYT - 569 words
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Article242 2000-10-12 17 MADRID Bloomberg J' TELEFONICA SA, Spin's largest telephone company, has agreed to buy IfcNvireless-phone businesses from Motorola Inc for US$2.6 billion (554.55 billion) to gain at least 1.4 million customers in Mexico, latin America's No 2 economy. Telefonica said in documents filed with Spanish securities regulatorsBloomberg - 242 words
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424 2000-10-12 17 NEW YORK Gain boosted by strong sales of broadband equipment, computer chips NYT MOTOROLA Inc, the big telecommunications and semiconductor company, said on Tuesday that its thirdquarter profit rose 66 per cent, in line with Wall Street estimates, on strong salesNYT - 424 words
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Article, Illustration513 2000-10-12 18 A rivalry ends Event hailed as dawn of new era in cooperation between the computing giants Reuters [SEATTLE] Microsoft Corp on Tuesday said it was launching the latest and greatest version of its Office software for Apple Computer Corp machines, andReuters; FILE PHOTO - 513 words
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634 2000-10-12 18 another begins Top chipm&ker says Pentium consumes less power than Transmeta's and that it has new technologies in store NYT [SAN JOSE, California] In a Silicon Valley rendering of The Empire Strikes Back, Intel Corp executives took the stage at an industry gathering onNYT - 634 words
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Article, Illustration425 2000-10-12 18 SAN FRANCISCO FT IBM is to spend US$5 billion (SsB.7 billion) to expand chipmanufacturing capacity, its biggest chip-in vestment programme ever. The world's largest computer company is to spend US$2.5 billion on a new plant at East Fishkill, New York; existingFT; AP - 425 words
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Article125 2000-10-12 18 SANTA ANA, California Bloomberg THE Orange County Register said its website was infiltrated on Sept 29 and that an article was changed to say Microsoft Corp chairman Bill Gates had been arrested for breaking into Nasa computers. The story was about Jason Diekman's arrest forBloomberg - 125 words
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179 2000-10-12 18 MUNICH Bloomberg SIEMENS, Germany's biggest electronics company, said it will invest 1 billion euros (Ssl.s billion) in a new centre in Munich to coordinate its electronic commerce businesses, from marketing to procurement. The move will allow it to save at least 1 billion euros aBloomberg - 179 words
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Page 17 Advertisements
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Advertisement76 2000-10-12 17 DOTCOM HHTiiSAT Today's Leaders Tomorrow's Internet hmYOU veceimdz your invitation? 26th 27th October, 2000 Sheraton Grande Laguna Phuket, Thailand www.gorillasia.com For inquiries, contact: conference@gorillasia.com Sponsors: Officio! Media Partner "cSSo iAsiaWorksOfficial PR Agency Ogilvy Public Relations (27 techpacific.com Supporting Organization o I > irrtorr»«t Wamatton Alia Miles Iv_yne of the most76 words
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Page 18 Advertisements
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Advertisement1712 2000-10-12 18 r- EES GES INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (ARBN 063 850 448) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of GES International Limited will be held at Level 2, The PercivaJ Room, Fort Canning Country Club, 111,712 words
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Page 19 Advertisements
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Advertisement129 2000-10-12 19 what to lit > Irlßk > liy > watch > haar > plv« lata j^feekendKl tlHirs4ir-Mjnd«v octoftc 12-15 2000 m 1. 1 mßMgm take a hush hush peel( the hotel industry check in this weekend > (firty hotel finen > pushcart bargains > American Psycho review > pre-clubbing dubbing >129 words
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WORLD news
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539 2000-10-12 20 JERSEY CITY, New Jersey It's offering US$49 a share for NDB against its Monday close of U5525.25 Bloomberg DEUTSCHE Bank AG offered to buy National Discount Brokers Group Inc for about twice Monday's closing price, a purchase that would give Europe's largest bankBloomberg - 539 words
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Article, Illustration503 2000-10-12 20 AFP [DETROIT, Michigan] Bridgestone/Firestone announced on Tuesday that chief executive officer Masatoshi Ono had been replaced at the helm of the embattled tyre company by one of his lieutenants, John Lampe. Mr Lampe, 53, who was approved as CEO and president at a board meeting earlierAFP - 503 words
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300 2000-10-12 20 LONDON It faces loss of £10b Scottish Provident Institution account Bloomberg ABERDEEN Asset Management pic has agreed to buy Scotland's Murray Johnstone Holdings Ltd for £150 million (Ss3B2 million) as the UK money manager faces the possible loss of a £10Bloomberg - 300 words
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298 2000-10-12 20 NEW YORK Bloomberg PAINE Webber Group Inc, which is being acquired by ÜBS AG, has hired outside help to run 19 of its 25 mutual funds in order that it can focus on its strongest areas. Brian M Storms,Bloomberg - 298 words
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532 2000-10-12 21 PARIS Paris accuses principality of shady banking practices Reuters FRANCE warned Monaco on Tuesday to clean up shady banking practices or face tough counter-measures but the Mediterranean principality flatly denied it was lax in fighting against money laundering and tax evasion. A FrenchReuters - 532 words
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Article, Illustration367 2000-10-12 21 SEOUL It wants to avoid another Seattle or Prague incident AFP SOUTH Korean authorities yesterday mobilised 29,500 police in a bid to stop an Asia-Europe summit next week from becoming the next battleground for an-ti-globalisation protesters. The huge contingent, 20 per cent of theAFP; AP - 367 words
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275 2000-10-12 21 SEOUL Move aimed at helping firm speedup restructuring AFP THE top 135 executives of South Korea's bankrupt Daewoo Motor Co resigned yesterday to help the troubled firm speed up its restructuring, officials said. The resignations of the Daewoo Motor chiefs at home andAFP - 275 words
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466 2000-10-12 22 BRUSSELS EU clearance given on condition that AOL cuts all links with Bertelsmann Bloomberg AMERICA Online Inc has won European Union (EU) approval for its US$l47 billion (***** billion) purchase of Time Warner Inc by agreeing to cut all links with BertelsmannBloomberg - 466 words
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Article, Illustration461 2000-10-12 22 AFP Reuters [PARIS] How do people as individuals and as members of big populations choose where to live, how long to study, how much to work and how far to travel? The search for economic principles to explain and use the factors at workAFP; Reuters - 461 words
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368 2000-10-12 22 FRANKFURT Reuters Bloomberg CONCERNS about junk bond losses at Morgan Stanley Dean Witter Co that dragged down US broker shares overnight were hitting German bank shares last night. Shares in Deutsche Bank fell 3.5 per cent in early trade yesterday amidReuters; Bloomberg - 368 words
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425 2000-10-12 22 LONDON Dealers see Brent testing 10-year high of U5534.98 soon Reuters Bloomberg OIL prices pushed higher yesterday, boosted by falling US fuel stockpiles and forecasts of more cold spells heading to North America. Tensions in the Middle East, where intenseReuters; Bloomberg - 425 words
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Article, Illustration467 2000-10-12 22 COLOMBO Call for coalition between ruling, main opposition parties AFP SRI Lanka's ruling party and its main rival were bidding against each other for the support of minority groups, as initial results in the presidential elections pointed to aAFP; AP - 467 words
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Article, Illustration772 2000-10-12 22 Paul Krugman - COMMENTARY By\ Paul Krugman NYT THERE once was a land where people lived only two years. In the first year they worked; in the second year they lived off their personal savings. There came a time when the government decided to helpNYT - 772 words
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Page 20 Advertisements
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Advertisement1525 2000-10-12 20 [NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER S*> AND IN THE MATTER OF STANDARD ROYAL PTE LTD (Incorporated In llh Republic of Singapore I (IN LIQUIDATION) MEMBERS'VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of STANDARD1,525 words
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Advertisement246 2000-10-12 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 IN THE MATTER OF LEVINDA TRANSPORTS (SINGAPORE) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the above Company duly convened and held at 190 Middle Road #14-02, Fortune Centre. Singapore *****9 on Thursday 12th October 2000 at 11.00246 words
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Page 21 Advertisements
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Advertisement222 2000-10-12 21 ihkgSxftyZ'/'/ V J Whether your business operation is the size of an MNC, SME or that of a home office, Fuji Stunning Colour Quality No matter if you're printing or copying documents, the text will be Xerox offers the widest range of colour network printers/copiers for your needs, all engineered222 words
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FINANCE & commodities
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294 2000-10-12 23 Lau Chee Keong - SGI Derivatives Tr&dln&Report ST Index/MSd S'pore Index Lau Chee Keong THE sharp fall of Nasdaq overnight, a profit warning by Lucent as well as a chip sector downgrade by Wall Street analysts, sent the Singapore Straits Times Index crashing yesterday. The technology stocks in Singapore294 words
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231 2000-10-12 23 Lau Chee Keong - MSCI Taiwan Index Lau Chee Keong TAIWAN stocks tumbled yesterday after Tuesday's close for a public holiday. The lower overnight Nasdaq and firming oil prices sent the MSCI Taiwan Index down more than 2.5 per cent yesterday. Most of the Asian markets were in negative territory231 words
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187 2000-10-12 23 Bernama AFP [KUALA LUMPUR] Malaysian rubber prices ended lower yesterday as market players remained inactive amid lack of fresh leads and weak sentiments, a dealer said. He added the traders were awaiting the outcome of the on-going International Natural Rubber Organisation (Inro) governing council meetingBernama; AFP - 187 words
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Article322 2000-10-12 23 Reuters London THE dollar fell to one-week lows against major European currencies yesterday amid growing concerns that the recent sell-off in US stocks could have negative implications for economic growth in the US. The Swiss franc, which has been traditionally seen as a safe-haven currency, benefited most fromReuters - 322 words
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Article, Illustration1244 2000-10-12 23 MTERBAlfg CROSS RATES oct_n A$ CS fmk Euro Ftr On HKS tad »slh»tah Yw Woe tM M2$ Nfc 8» Nse S$ Mnd Sfr Ml* »«t N— Australia 0.802 4.435 0.610 4.002 1193 4.167 24.722 ***** 0.577 1990 2.031 L3» ***** 25.289 0.935 3.924 0.926 16.*****006 0J66 0.534 Canada 1247 5.5321,244 words
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Article1801 2000-10-12 23 8I00M POTPEES Qctn BUttU (Mwras cMnt at <t SJOpa) RSS1 CONTRACTS cwtiAo) CiOM VolMM Opw Montt Hj£ Low Stit (tmmt) Nitaret Nov 00 118.00 Dec 00 119.25 Jan 01 120.50 50 Feb 01 122.00 50 RSS 3 CONTRACT (US cart/*) VoMmm Ope* |i m it IA v |—A,,. .1 NORUI1,801 words
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STOCKS east asia
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Article, Illustration2851 2000-10-12 24 HONGKONG AFP Q Hang Seng -427.11 HONGKONG share prices slid 2.7 per cent yesterday as already negative sentiment was further dampened by overnight losses on Wall Street, dealers said. The key Hang Seng Index lost 427.11 points to close atAFP - 2,851 words
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2067 2000-10-12 24 TOKYO AFP Q Nikkei 22S -***** SHARE prices in Tokyo slumped 2 per cent yesterday to a 19-month low after Wall Street suffered heavy falls, with the Nasdaq Index down 3.43 per cent, brokers said. The Tokyo Stock Exchange's Nikkei--225 index lost 314.15AFP - 2,067 words
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Article, Illustration1028 2000-10-12 24 Reuters n Shenzhen B Index jil CHINA'S hard currency B shares closed lower yesterday under pressure from a fall on the Hongkong stock market, analysts said. Investors shrugged off news that US President Bill Clinton signed into law a historic bill granting China permanent normal trade relations as theReuters; Source: Credit Lyonn Securities (Asia) Ltd - 1,028 words
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Article373 2000-10-12 24 AFP QWP Index -16&87 TAIWAN share prices closed 2.7 per cent lower yesterday on selling sparked by Wall Street's overnight losses, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 168.87 points to 6,040.55, on turnover of NT524.78 billion, the lowest level in 11 months. Decliners overwhelmed advancersAFP - 373 words
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Page 24 Advertisements
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Advertisement11 2000-10-12 24 Bringing THE ARTS to another level The Business Times every Saturday11 words
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STOCKS klse
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Article, Illustration419 2000-10-12 25 AFP F1 Composite Index *100 MALAYSIAN shares closed 0.4 per cent higher yesterday due to buying of selected blue chips, dealers said. The Kuala Lumpur Stock Exchange Composite Index ended up 3.00 points at 714.25. The Second Board eased 0.84 points at 163.30.AFP - 419 words
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Article9129 2000-10-12 25 INDUSTRIALS Cmmhmt products 2000 Last Vol Day Net Cap HH> Law ClUMy »IH 'OOP Ht» Low PfW. %m» 420 310 Ajlnomoto 134 unch 4 334 334 16.3 135.4 isa 46 Angkasa 46 unch 24 46 46 70.6 670 290 Apollo Food Hlg 416 9.0 166.4 3725 2700 BAT 50c 36509,129 words
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Page 25 Advertisements
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Advertisement30 2000-10-12 25 Fits the job to a tee. Will blossom in the post. Find the right candidate. ■I* 1 T* jjtfe. Jk J xgj TT ITK>StniiLsTinw>i H Call 1800 741 1883 I30 words
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SGX clob & regional stocks
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Article3076 2000-10-12 26 BONDS A WARRANTS oan M tiptn 32-Vaak LMt M Day La»l8»ili Can Cur Mk 1Mb M# Lot Ma «ar- 0001 M«ft Lot <aa»*«2 Laft 51.5 5 s Acma W*****4 5 unch 20 5 5 4 6 6 41.0 J 300 286 15.80 9 38 2.5 s AIITach *******7 3.5 33,076 words
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Article309 2000-10-12 26 AFP QOomposite Index -3L16 SOUTH Korean shares fell 5.3 per cent yesterday with the index down 31.16 at 557.18. Volume was 309 million worth 1.9 trillion won. —AFP Oaawoo Tatocom 2150 -345 Djryjtxj Ins 2020 -80 Daou Tach 5300 -540 Dorxj Kook StMl 2235 -55 Gd Morning Sac 2700AFP - 309 words
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Article268 2000-10-12 26 AFP Q Composite Index -&96 PHILIPPINE shares fell 0.5 per cent yesterday with the Philippine Stock Exchange Composite Index down 5.96 points to 1,326.26. Volume fell to 942 million shares but value rose to 4.37 billion pesos from 1.32 billion shares worth 607.57 million pesos on Tuesday. AFP OclttAFP - 268 words
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Article262 2000-10-12 26 AFP DMEE-40 -29.48 NEW Zealand shares closed down 1.5 per cent yesterday as investors nervously followed the fall of overseas markets, dealers said. The NZSE-40 Capital Index was down 29.48 points at 1,918.96 on total market turnover of NZ5175.92 million. ocin m coop) Advantage HOS 1.85 -0.09 185 AirAFP - 262 words
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Article559 2000-10-12 26 AFP □AH Ordinaries -3.80 AUSTRALIAN shares eased 0.1 per cent yesterday after Australia's dominant telecommunications carrier Telstra led the market to its sixth consecutive fall, brokers said. The All Ordinaries index closed 3.80 points down at 3,213.1 and the SP/ASX 200 index dropped 4.5 points to 3,260.7. Turnover cameAFP - 559 words
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Article, Illustration746 2000-10-12 26 AFP n SET Index -&38 THAI stocks closed 2.5 per cent lower yesterday, dragged down by the depreciating baht and falls in other regional markets, dealers said. The Stock Exchange of Thailand (SET) Composite Index dropped 6.38 points to close at a two-year low of 250.60 and the SETAFP - 746 words
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Article, Illustration673 2000-10-12 26 AFP P Composite Index -0.59 INDONESIAN share prices closed 0.1 per cent lower yesterday amid a technical rebound in selected major stocks, dealers said. The Jakarta Stock Exchange Composite Index closed down 0.59 of a point at 412.33. Volume came to 325.63 million shares worth 216.96 billion rupiah. DecliningAFP - 673 words
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Page 26 Advertisements
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Advertisement4 2000-10-12 26 TheßusinessTimes INTELLIGENCE CHANGES EVERYTHING.4 words
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Article9546 2000-10-12 27 SGXMAXNBOARD Transaction date: Oct 1 Or Or M Wt 52-Wk Lnt Vol Day Lilt Quota Wv Ot» VM Nat Cap Avg Htfli Low Company Sala COOP) Hjjfc Low Buyaf Saltar Cw W $mM Prtca MUiTHNOUSTVY 163 75.5 IB c Ac ma 50c 79 unch 336 79 75.5 78.59,546 words
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Page 27 Advertisements
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Advertisement17 2000-10-12 27 wm «ESF mm i w V •jjsuL Business Tools just imagine life without them. Buyh sdtk FMk.17 words
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MOTORING page
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492 2000-10-12 28 Christopher Tan - They will move to D&imlerChrysler's regional office next week All reports by Christopher Tan ABOUT three dozen Cycle Carriage staff including managing director Cheah Kim Teck and divisional manager Gilbert Kwek will leave the listed Mercedes-Benz distributor at the492 words
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Article, Illustration405 2000-10-12 28 Gar maker also denies meeting traders, says it is happy with Kah Motor HONDA distributor Kah Motor, part of Malay-sian-listed Oriental Holdings, denies its exclusive franchise-agreement with its Japanese principal is in jeopardy. General manager Tan Kheng Hwee told The Business Times: "There isARTHUR LEE - 405 words
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Article, Illustration344 2000-10-12 28 TOYOTA has garnered more than 25,000 bookings for its new Lexus LS43O flagship since launching it in Japan where it is known as the Celsior in late August. The figure, which LS43O chief engineer Yasushi Tanaka says represents a six-month waiting period for customers in344 words
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Article277 2000-10-12 28 JUST six weeks after the order book was opened. Toyota distributor Borneo Motors has secured about 1,500 bookings for the new Corolla. That's roughly 35 cars a day or three-and-a-half cars an hour, based on a 10-hour day. The response is the best Borneo Motors277 words
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332 2000-10-12 28 THE Land Transport Authority's one-stop portal for the motorist went online this week. Located at www.onemotoring.com.sg and revealed by BT in February the site is attractively laid out and looks more polished than most professional or commercial sites. LTA's so-called "gateway to all332 words
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BUMPER to BUMPER
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76 2000-10-12 28 CYCLE CARRIAGE recently cleared 50 MercedesBenz A-class cars at around $106,000 apiece. That*s a significant drop from the Baby Benz's $130,000 launch price in mid-1996. COE premiums for the car then wore actually slightly softer than they are now. Nonetheless, the week-long promotion76 words
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Article101 2000-10-12 28 LISTED Nissan distributor Tan Chong International will be the main beneficiary of the 66 per cent plunge In the big-car COE premium, according to G K Goh Research. Maintaining its Outperform call on the dobquoted, Hongkong-listed counter, the firm said this to because Tan101 words
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Article55 2000-10-12 28 RENAULT of France has started a training centre here for Its after-sales technicians In the region (tee of a handful of centres around the world, the facility, at Übi, offers the latest syllabus to keep trainees up to speed in the newest technology. The centre is55 words
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Article73 2000-10-12 28 THERE are on average 8,000 road diggings a year here, or 22 a day. These works, called road openings, are the result of a decision made more than two decades ago not to have overhead electrical or telecommunications cables that "mar the skyscape", according to73 words
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Article, Illustration84 2000-10-12 28 MAZDA will showcase several interesting products at the Singapore Motor Show in November. These include the latest MX-5 (Miata), which boasts a 1.8-litre sequential valve-time engine and six-speed gearbox. The Premacy (shown in photo), a 1.8-litre mini-MPV brimming with new technology, will also debut Singaporeans will84 words
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Article81 2000-10-12 28 VOLKSWAGEN is expected to roll out Its D 1 flagship in the second half of next year sooner than its original 2002 time frame. Its most ambitious project ever, the D 1 challenges high-end incumbents such as the MercedesBenz S-class. BMW 7-series, Lexus81 words
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74 2000-10-12 28 A MALAYSIAN company is offering an insurancebased scheme for motorists here who drive in Peninsular Malaysia. In case of breakdown, accident or otlwr travel-related emergencies, Gesa Motoring Partner promises hassle free towing services, repair claims, medical evacuation, alternative travel aid and hotel accommodation74 words
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Article72 2000-10-12 28 Christopher Tan - Compiled by Christopher Tan WANT a piece of Formula One for a keepsake? Mattel's Hot Wheels has just launched its F-l edition. The 1/18 scale models include teams like Williams, Ferrari, Jaguar and Jordan. There is also a 1/24 scale of a McLaren, complete with72 words
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Page 29 Advertisements
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Advertisement193 2000-10-12 29 Where to wine, dine and entertain...*-? "Tunch" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. "Tunch" from 12 noon 4.30pm #16.90 (Adult) 40% discount (Child) "Tunch Karaoke" from 12 noon Bpm $22.90 (Adult) 40% discount* (Cniid) 'Iwchunr193 words
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Advertisement99 2000-10-12 29 CELEBRATE THE LAST CENTURY WITH DE GRAND Hiipf>\ f loins s.ooptn to 9 (Ktpm I >r.ili beer per jug t 0(1... B Free Titbits Fine Dining In A Contemporary Mode I.Shi If7l Hullit l unch: l2.oopni-2.30 pin I .i arlc DiiuuT: h.30 pni-lOjOpm < liildn-n's omplinit'iiUirx l unch I'rumotion Ihi99 words
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Advertisement147 2000-10-12 29 Buffet Dinner: Bto 13 October ■t7P i|\ 7:00 pm to 10:00 pm m- fr' (last order) iv >;,* I fully booked on 8 October 1 fc'" r i i I 46nett per person $40nett for Mandarin Dine-Amies Members The Belvedere i r Floor, Main Tower) *#v Reservations: 831 6288 \if(enaezooti&'147 words
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Page 29 Miscellaneous
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Miscellaneous920 2000-10-12 29 I ne Business Times, Thursday, October 12, 2000 Central Kids. 6UJO Sajian: Kek Seantero LOO Headlines. B* oo Survivor: Too Little Dunia. LO2 Business Tonight. 9.00 AM Kids Central. Ses- Too Late. 7.00 Fikir-Fikir. L3O Gateway Asia (r) 1A me St et n 0.00 Tonight With Gurmit. 7JO Tirai: Ikatan920 words
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Miscellaneous245 2000-10-12 29 CRYPTIC CROSSWORD ACROSS rural America (7) 1 Institution superintendent to re- 7 Under a corrupt government is trace his steps perhaps (4,3,4) suffering dreadfully presumably 9 Turn one into uncharged particle (2,1,3,5) (7) 8 Give up and go inside (4,2) 10 There could be little behind this 11 Dishonest narrator245 words
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HOUSEHUNT
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Article, Illustration2581 2000-10-12 30 PROJECT NAME/ CHOP CONTRACT TENURE MX-iV PWX PSF MUCTEag TYPE OWE LAND AflEA* (son) isrtxw (s« District 15 Amber Park Apt 30/00/00 S 1744 1150 659 Amber Point Apt 05/09/00 FH 1690 1388 821 Arthur Mans Apt 18/08/002,581 words
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Page 30 Advertisements
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Advertisement26 2000-10-12 30 Classified First. Looking for a holiday destination? Or limply getting away from it all? Check The Straits Times Classified First. Bay M. Sdi It Had It26 words
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Advertisement19 2000-10-12 30 Own a Beautifully Conserved Commercial Shophouse s i-8i v-m Road HEP 4; f«E T.* ■*orfWi t 2«w. w -2*-'19 words
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Advertisement61 2000-10-12 30 f)Kr I 12-22 Hawkestone St Wellington, New Zealand I An Investment Govt. Lease to 2008 I boosted by low NZ$ Double Digit Net Yield I CBD Investment 6000 m 2 Office Tower I Offers Close: 27 Oct. 2000 at 4pm I Tim Rosenberg tim.rosenberg@ap.ionesianglasalle.com I Alistair Robertson abstair.robertson§ap.|oneslanglasaile.com I level61 words
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Advertisement98 2000-10-12 30 Collective Sale I W 5, U Prime Residential Redevelopment n at ß° a< 7 Close proximity to Dhoby Ghaut MRT station U r\ I ear to Orchard Road 2nd future Singapore Jf AA Management University < Site area 19,521 sf, freehold )*j wSgZ,/ Residential, plot ratio 2.1 ft H Building98 words
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COMMENT
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Article, Illustration2105 2000-10-12 31 TAY IT TUAN - That seems to be the attitude of some people living in condos. tat it tuam considers how the Land Titles (Strata) Act helps to ease communal living TAY IT TUAN The writer the director (asset services) at CB Richard Ellis MANY years ago,FILE PHOTO - 2,105 words
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Page 31 Advertisements
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Advertisement148 2000-10-12 31 LOGISTICS CENTRE FOR SALE Location Pioneer Sector vicinity Description A 3-storey warehouse building with a container depot with 4,200 TEU capacity Land Area Approx. 511,828 sq ft GFA Approx. 412,433 sq ft Tenure JTC Leasehold 30+30 yrs wef Dec 1990 Please contact Sole Marketing Agent Industrial Department Bernard Goh DID:148 words
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EXECUTIVE Suite
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Article, Illustration1313 2000-10-12 32 KALPANA RASHIWALA - Property experts tell kalpama rashjwala why they think land sales for private homes and executive condos will come down next year KALPANA RASHIWALA SOMETIME this quarter, the government will make known an important decision that will impact private residential prices how much1,313 words
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573 2000-10-12 32 Prime retail rents along Orchard Rd up 15%; prime CBD office rents up 25% WITH the pick-up in occupancy and rental rates for office and shop space, there is scope for the government to release more commercial space next year, say573 words
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SHIPPING TIMES
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Article280 2000-10-12 33 Reuters THE Baltic indices presented a mixed front on Tuesday, although they indicated the dry cargo freight market was basically steady. The Baltic Dry Index (BDI) was unchanged at 1,719, the Baltic Panamax Index (BPI) fell five points to 1,596, the Baltic Handy Index (BHD shed one pointReuters - 280 words
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Article283 2000-10-12 33 sox Oct n n W CWT Distribution. 0.60 unctl ChuanHup 0.37 -0.01 1392 Cosco invastmant 0.17 -0.01 33 FrttaM Links 0.15 uncft 160 OB Holdings 0.56 unch 0 Hal Sun Hup 0-34 -0.01 86 IMC HoWngs-HK 5.60 unch 0 Jay* Holdings 0.15 -O.OI 217 KappalCorp 3 3* -0.14283 words
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Article, Illustration788 2000-10-12 33 Donald Urquhart - JI exclusive Captain faces charges of falsifying logbook; vessel detained By'. Donald Urquhart [SINGAPORE] The Greek captain of the Singaporeflagged oil tanker detained in San Francisco Bay since Sept 24, has been arrested by US federal authorities over safety and environmental violations. Captain788 words
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Article, Illustration385 2000-10-12 33 Ann Toh - By, Ann Toh [SINGAPORE] Two major international port operators, PSA Corp and UK-based P&O Ports, have taken equal stakes in a Singaporean start-up, P-Serv Technologies, which develops track-and-trace software. PSA International, the international arm of PSA Corp, and P&O Ports,385 words
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230 2000-10-12 33 AFP [JAKARTA] Indonesian authorities plan to enroll some 500 fishermen in efforts to clean up an oil spill from a tanker which ran aground just south of Singapore, an official said yesterday. A spokesman for the mayor's office onAFP - 230 words
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TAIWAN logistics
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Article, Illustration920 2000-10-12 34 P T Bangsberg - Taipei's planned global-logistics centre should allow companies on the island to save distribution costs of lib From, P T Bangsberg in Manila TAIWAN is dead set on becoming a global logistics and transhipment hub, with a broad strategy based on geography and what itFILE PHOTO - 920 words
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Article173 2000-10-12 34 PAGE Dongnama 3 ACL 6 Eastrans 6 i Accord 8 ECL 4 Appenship 5 ECU Line 5/6/8 Assets 8 [w m 6 Austral 7 5 Fuhii 7 r 5 <- 'sr CC 7 hZ 3 CMACGM 3 Heung-A 4 COSCO 5 Hyund4t 7 CSAV 3 Interasu 7173 words
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Article21613 2000-10-12 40 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam* Name Number Number SIN Dest'n Name Name Number Number 06/Tt 28/n COSCO ZHEN HE 00(5W 65-*****00 To ABIDJAN (ABJ) 2003 Cote D'lvoire ot/n jo/ti msc Agy msc sophie oour 65-*****5021,613 words
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SHIPS IN PORT
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Article123 2000-10-12 44 Oct 23 Thailand: King Chulalongkorn Day. Oct 26 Brunei: Israk Mikraj. Indonesia: Ascension Day of Prophet Muhammad. Oct 26 Malaysia: Deepavali. Nov 1 Philippines: All Saint's Day. Nor 3 Japan: Culture Day. Not 4 Sweden: All Saint's Day. Not 11 Canada: Remembrance Day. USA: Veteran's Day. Not 23123 words
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Article677 2000-10-12 44 Vtjs#) Voy No Barth Arrival Departure J»r«1 Pmt Grand Ocmk 0CT-00 JI7 n/W/0 45 12/10/18:00 Taaias** D ****** J03 H/W/845 n/W/1500 n tiooo joi n/w/Btt) n/w/2040 IMa Ultra OHXT X2 11/10/6:55 n/W/2340 Winstar 1 *)3SOO J03 11/10/7:20 11/10/2140 Iayswattrll8 U0249 J02 n/W/8:35 11/W/16:00 Ef 23 197 J02 11/W/B:50677 words
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Article1897 2000-10-12 44 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Mane* Rstts Ship Voy No Etb/Btr Period From To From *U FAl.COM 00M 12/tOO II B/1500 10/1659 Oct-OO u n/mn n/0659 n/om 2* WTO TV0659 n/woo ti/otoo n/nst n/vtoo *a U**CT 05S 13/tOO 10,"MC B/1659 0ct-00~ a wro n/out nmoo1,897 words
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Article788 2000-10-12 44 THIS report, compiled by CockeM 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 and788 words
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Article444 2000-10-12 44 Carton WO Mai 990.7 0.9 6.4 0.09 72 O.OS Oct 5 ONslty Water HsMm Ask AImbMmi Silwt No above E25 0 0 0 0 0 0 M0 *5-5 OJ 12.8 0.06 27 0.02 tin* 380 Mai 993.1 0.8 18J 0.10 65 0.05 Wirj u* %mfli mi444 words
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AIR & LAND transport
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595 2000-10-12 45 Low-fare European airline hit by sliding euro, rising fuel prices Reuters [BRUSSELS] European airline Virgin Express, hit by the weakness of the euro and expensive fuel, hopes to deliver a profit next year after losing money in 1999 and 2000, theReuters - 595 words
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359 2000-10-12 45 Surinder Singh - Hazelton family's sale of 20% stake in airline to Ansett last week cuts its holding to 13.11% From i Surinder Singh in Sydney ANSETT Holdings has launched an A 515.3 million (5514.2 million) takeover offer for Hazelton Airlines, a regional airline359 words
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305 2000-10-12 45 AFXAsia [KUALA LUMPUR] The proposed FSB Asian Regional Aviation Training Centre in Kuala Lumpur is expected to be upgraded and expanded to cater for the Asian region, according to Flight Safety managing director for flight training Paul Hinton. The training centre is a joint-ventureAFX- Asia - 305 words
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Article, Illustration277 2000-10-12 45 AP [ATLANTA] Seven US airlines hoping to launch new or expanded flights to China next year will have to keep waiting. The Department of Transportation still had not decided late on Tuesday which airlines will be awarded up to 10 weeklyAP; FILE PHOTO - 277 words
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139 2000-10-12 45 [SINGAPORE] DHL Worldwide Express has announced plans to build a new IT centre at Malaysia's Multimedia Super Corridor (MSC). The facility, located at the heart of Cyberjaya, will replace its current centre in Puchong, south of Kuala Lumpur, which serves as one139 words
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217 2000-10-12 45 Bloomberg [TOULOUSE, France] Qatar Airways ordered an Airbus Corporate Jetliner and took an option for a second, making Qatar the first airline customer for the European planemaker's business jet, derived from its A 319 model. Qatar Airways, 70 per cent owned by the QatariBloomberg - 217 words
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Article, Illustration57 2000-10-12 45 AP [WICHITA] A Bombardier Challenger 604 rests on Tyler road at the south-west end of the Mid-Continent Airport after crashing. The crash killed two and critically injured a third person. Authorities did not immediately know whether the craft was approaching or leaving the airport, nor didAP - 57 words
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Article1977 2000-10-12 45 cmr FLIGHT OA FUGMT ETC 0F6 *05 IMH» 8*7381 19 JO 8*7382 20SS m 1 0f81 1930 0f82 2055 ftWI* WW W WW uwa 2230 rmnirii sm mo cos ono LH6380 2230 COM WW WW8 *20 g 30 Mm* vw/sot« an wfw« mm AMStfrtM ***** 07151,977 words
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LOGISTICS page
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458 2000-10-12 46 Ann Toh - Management has yet to be folly committed to application of e-business within the supply chain, US stndy finds Byi Ann Toh [SINGAPORE] Senior logistics and supply chain managers do not place e-business at the top of their priorities, a recent US-based study458 words
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Article, Illustration288 2000-10-12 46 [SINGAPORE] The Georgia Institute of Technology is interested in stepping up its collaborative efforts with local institutions in supply chain research, said provost and vice-president of academic affairs Dr Michael Thomas in a visit to local research think-tank Gintic Institute288 words
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264 2000-10-12 46 P T Bangsberg - From P T Bangsberg in Manila CHINA is moving all import and export permits to electronic processing to improve the efficiency of its customs service and the government's supervision of trade. The Ministry of Foreign Trade and Economic Co-operation said (Moftec) all the country's customs264 words
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Page 33 Advertisements
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Advertisement25 2000-10-12 33 E-business not a top priority for logistics managers m Back page Virgin Express aims to be profitable next year page 13 Aircraft schedule Page 1325 words
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Advertisement277 2000-10-12 33 gmmmmmmmjfk I A Special Feature in Shipping Times on Oct 31,2000. I The Special Feature will update our readers and provide I you a platform to reach the market in the quickest and I most cost-effective manner. It will focus on important I issues such as I Trends and challenges277 words
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Page 34 Advertisements
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Advertisement210 2000-10-12 34 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com I I Lm— V i i > w J I >210 words
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Advertisement720 2000-10-12 34 ljnes services represented by c 1T.y.11 Members of the Registry of Accre<^ Shipping Agents, NgSingapore Shipping AssociaHon Members of the Singapore Logistics Association fig ULY UNE MALE vissa Tvoy |7ta [75 ha P. KLANG SPORE NUif Princess Lily VO7OO 15/10 16/10 23/10 Empress Uly VOBOO 29/10 30/10 06/11 Princess Lily720 words
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Page 35 Advertisements
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Advertisement1157 2000-10-12 35 SAX SERVICE (DIRECT) vssa wi mm ux oak pal hop oo ax »i iw AfliAK 023 C 27/09 12/10 17/10 17/10 17/10 17/10 17/10 17/10 11/10 11/10 tfiGMWT Mai mTTo ***** STio 24/10 24/10 24/10 24/10 24/10 25/10 25/10 tfisne 0231 11/10 26/10 31/10 31/10 31/10 31/10 01/11 01/11 02/111,157 words
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Advertisement1773 2000-10-12 35 ®HANJIN SHIPPING ik FI ilk My* Lot -Uk *****30 HAIUM SjgfjjM (S) rn LIP N» km* am MMMt ********** SAIB ?3?0774 23» DOCUMWT *****71 774 OffIUTXmS mm M *****55 FAX: SMI US CK WO **********0 M TO NW USA A CANADA USA CANADA 7 FN VSI/VOT I Ml I UN1,773 words
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Advertisement413 2000-10-12 35 VBSR Ivor g ftt VOT SIM «C >a IX lISI FBS *5! 5i JH M BfliaMii I _oi3s_ ivn Ivlo i;'!o ii/io g£3£ss Si HI gflf ssrWAS IDtS IS/10 7S/10 30/10 M/ 10 mm m io/io 17/10 m ii/io ti/io ?</io 30/10 77/10 p/10 vesa wr aw du wo sha413 words
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Advertisement1621 2000-10-12 36 SENATOR LINES TO UK/CONTINENT TO MEDITORRANEANCANADA MMB. WW SW LfH HTM AMI HOI WW FIX VtSSfL VOY SM HI K TO lit im PUSAN SENATOR MISW 1111 77 1* 21.11 Mil Hit (111 02 11 PATHOS SENATOR M36W 12 10 21 It 1111 Cll Mil 1111 HAIUM VANCOUVER MMW 131,621 words
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Advertisement1075 2000-10-12 36 mJkM MAU-MELS S PURE M SIA Carrier MN CONTR LINES, MC r.ajDu&mmm, I IYV J QWOOOMIIItT SOU: (064)*****9 MAMLfc 032) M ***** PENANG: (04) *****36 BANGKOK: (062) *****67 SURABAYA: (31) *****11 P KELAWG: (03) *****77 JKT: (21) *****46 KUQ6NQ (062) *****1-3 JAKARTA HO CHI MINH MV "OOCL AUTHORITY" V.066S MV1,075 words
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Advertisement705 2000-10-12 36 EXPRESS CONTAINS FEEDER FOR N SHEVA (CFS MIA UNO —WBU— ALSO ACCEPTING TO Ml NORTHERN AND WESTBM I.C.D. PONfTS Vmal S PORE N SHEVA COLOMBO P KLAM6 CAPE CANAVERAL V 1 SOW 15 OCT 24 OCT it OCT S3 NOV TULSIDAS V 132 22 OCT 31 OCT M NOV 11705 words
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Advertisement1676 2000-10-12 37 [VESSEL VOY KHH HKO I SIN I PKI OXB »AI PMM BIK IRAN TEHRAN PCL-176 10/10 11/10 14/10 IS/10 22/10 23/10 2S/10 27/10 IRAN TASATASAEI PCL-177 17/10 IS/10 21/10 22/10 31/10 01/11 03/11 OS/11 IRANKERMAN PCL-178 24/10 2S/10 28/10 29/10 OS/11 06/11 08/11 10/11 IRAN ISFAHAN PCI-179 31/10 01/11 04/111,676 words
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Advertisement2144 2000-10-12 37 TO* COLOMBO EVEiY MONDAY I (T/T s 4 BAYS) J I GENERAL AGENTS M SINGAPORE: 80 ROMNSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #12-00 SAUS/KKGS *****57/43 INWARD DEFT (D/O) *****86 COSTAR AGENCIES (M) SDN BHD CI WO: *****89Q000M SINGAPORE *****8 CONVENTIONAL2,144 words
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Advertisement871 2000-10-12 38 mMonAJMKMMDmAvuvmmMm/mnaA awkm EXPORT VESSa/VOYAGE SGP —I It TNP ZEE I AMW ILHV ALSO ACCEPTMG CARGO 10 ANO FROII:- FINLAND, DENMAIK, SWEDEN, RUSSIA t NORWAY MfDrrEUANfAN/ftLACK SEA/iUKOPC SERVICES EXPORT VESSH./VOYAGE |SGP I GK> VKN 06 DKJ RON NW IMP ZH maA gooa 0064-033* 11/ lohooVio woTaWio lIIJEUA *****11W 22/10|0Vll 05/11 C871 words
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Advertisement352 2000-10-12 38 iUUaUNP»SUNOW/WPUNIU»COWT>aMTS»VIg wprr VfSStL VOYAGE SOP CMI DOI JtA AIU DMN lAH KM NXV SONG Hi 01 SMI IVIO- 74/10 24/10 30/10 UNASfIRE 0434-074* 14/10 30/10 75/10 34/10 77/10 UMANG& 0144-OTIW 17/10 74/10 77/10 30/10 MJANGHE NSW 70/10 31/10 07/11 UMAIOENT *****74W 73/10 77/10 01/11 07/11 03/11 UNI POWLAROI47-001W 74/10 71/10352 words
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Advertisement654 2000-10-12 38 ADVANCE CONTAINER LINES (PTE) LTD Zl I I TEL: *****21. FAX: *****19. TELEX :RS ***** ACLPL CR NO. **********0E FOR BOOKINGS PLEASE CAU: *****22 SALES A MARKETING *****21-21 IAWCKOK 'IMMBI JAKAITA (7 vtssa voy sm moc vEssa voy 5n jkt KOIA HARIA [PAT/LOP HIA10) 15/10 Sun 18/10 Wad SHAR SUNDA654 words
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Advertisement399 2000-10-12 38 SO TELOK BIANGAH ROAD *02-02 CTTIPORT CENTRE STORE *****8 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W vtssa or n> etd oestbktw MABUKWA 41/2881 12/I*2oBB WHOM PALEMOAN&PKL BALAM IKAGURI IS/2880 14,*****0 IS/10/2000 PONTUNAK INABUKWA 42/2808 *****808 22/18/2000 PALEMBANG/MU. BALAM IKAGURI 18/2808 24,18/2808 *****800 PONTIANAK For enquiries399 words
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Page 39 Advertisements
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Advertisement505 2000-10-12 39 BSA it. MYANMA IBBBk FIVE STAR LINE (Myaßnar National Uro) loading for Yaßgon VESSEL VOT SIN PU PEN PGU DA WEI 14W SU> MONGIA HW 10/10 MALAYSIA AGENTS: OOUSTEAO SHIPPING AGENCIES KUL TEL 03-*****00 PKL TEL 03-*****101 PEN: TEL 04-*****02 PGU: HI 07-*****21/4 BANK LINE (A strvict of Andrtw Weir505 words
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Advertisement1479 2000-10-12 39 HYUNDAI MERCHANT MARINE CO., LTD. Ivcsa vot "ST sou |w I mi ant how kv"! Ivissa I vot I sou Ila I ww I ant I ham I»v sx KMC S36W 13/10 03/11 04/11 »/10 31/10 HTHWK* 3301 27/04 20/0* 24/04 23/0* 15/10 HYDUR 327W 16/10 OS/11 01/11 02/11 04/111,479 words
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Advertisement808 2000-10-12 39 vOOv WALLENIUS WILHELMSEN TO NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SERVICE" VESSEL VOY RAMP HEIGHT SIN UC MAO MIA SAV ML ORE NYC MEW MOt TOURCOING AHO2I 400T«b T3M 26/10" 26/11 04/12 07/12 09/12 11/12 12/12 14/12 11/12 19/12 TAPIOLA AHO22 400T«h 6.3 M 12/11 10/12 11/12 21/12 23/12808 words
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Advertisement500 2000-10-12 40 BAMOKOK/iitf M PHUT/lAMM CHABANG JAKiWTi^AIMAIH 1 VQT 1 SIN I MM MTF I LCH VIS SO. VOT SIN JKT PJW JMMlflll 341H JMi llAfl lZZIfl— )j[«l —=j& a =Sh=== 22^10— UAOHE- OSS I 17/10 20/10 mum m 17/10 21/iq M» m \M —wm tNAN IHUM" 114* 11/10 22/10 20/10 ItfAIHUM500 words
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Advertisement279 2000-10-12 40 INDONESIA NATIONAL LINE TO AUSTRALIA j FULL COHPUHBI SERVICE Wl <01 IK M HK M STS MB HU W HH USUUI Hi 11/1011/11 11/10 M/10H/10 »/io rawwsatM aiT it/io 17/14 T7/ii »/io iTTT* u/TT m IVOBT JOS O/lOM/IO 30/10 W/11 w/ii 14/11 wmnm *xn >o/io 31/10 10/1111/" if/ii FEEDER SERVICE279 words
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Advertisement369 2000-10-12 40 TASMAN ORIENT NEW ZEALAND FIJI NOUMEA BREAKBULK t CONTAINERS 14 DAYS FREQUENCY voyno sui JKI wa SKI) HOI sum nousuvMaimuriFttEuitt TASMAN COMMAMXB *****0 03/10 OS/IO OVIO OBITS 1710 1710 30/10 01/11 OS/1I OMI 10/11 11/11 12/11 13/11 MSMAM OiAUINGU *****9 14/10 11/10 71/10 22/10 77/10 02/11 13/11 IS/11 70/11 7VII369 words
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Page 41 Advertisements
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Advertisement18 2000-10-12 41 y v^'*^ I >. H Because we give you 30%, you account for less. http://www.ptp.com.my General Line: 607-504 222218 words
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Page 43 Advertisements
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Advertisement80 2000-10-12 43 New Advertisers/Services/Agencies 40it SINGAPORE PTE LTD W 15 McCallum Street #03-01/02 Natwest Centre Singapore *****5 Fax: 165) *****66 Email (enera)#ecusin eculine net Website: http/Awww eculine net INDONESIAN PORTS Banjarrnasin/Jambi/Palembang/ Panjang/Pontianak/Perawan/Pekan Baru Call: 220 3373 STANDARD SHIPPING AGENCIES PTE LTD Offers Weekly FCL/LCL Services To EAST MALAYSIA PORTS DETAILS Pg 880 words
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Page 44 Advertisements
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Advertisement7 2000-10-12 44 CAT.S.I Buy It. Sell It. Find It.7 words
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Page 44 Miscellaneous
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Miscellaneous121 2000-10-12 44 MgREGIO ft LEGEND: Issued by Meteorological Service Singapore |<[ Thunderstorm Rain Temperature jn< j direction an d speed in knots Weather w Cloudy Day t><3 Hazy Sea Conditions Wind speed symbols O Full circle w/o line indicates calm or light and variable winds p=^ ■j—«One hall Heche represents 5 knots121 words
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Page 46 Advertisements
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Advertisement88 2000-10-12 46 t I tm > V V I /jL y Jijjf Small and Medium Enterprises can profit from DHL's I TW >1} y 1 fwfpk 4 Jr ffljJr efficient inventory management system. We'll help I I --1 AifMi/w t.' increase your profits and deliver you the luxury 1 N. f \jfm\f88 words
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