The Business Times, 18 October 2000

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Total Pages: 48
1 48 The Business Times
  • 16 1 THE BUSINESS TIMES MITA (P) 035/12/1999 850 SINGAPORE Internet: http://business-times.asia 1 .com.sg/ WEDNESDAY, OCTOBER 18. 2000
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  • 77 1 Dsn U8&45 (-64.92) BT-SBI 72&3S (-27.76) ST INDEX FUTUKES 13I&00 (-61.00) SOBCI FUTURES 23&00 (-8.70) STOCK MARKET INDICES Tuesday Change KLSE COUP -fl« NIKKEI 225 *****12 ***** HANG SENO 14.873.4J -99J7 SET INDEX 259.96 +1.87 JAKARTA COMP 417.44 +6.69 MANILA OOMP _1171.75 -2127 TAIPEI WPI 5,***** +7L41 SEOUL
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  • 78 1 FOBEX BATES USS SI USJ 1.764 £{1 per 1.446 1634 KURO(USS/SS/E) 0.860 1.492 DM 1300 Oil YEW lOai 11.70 Ml 1800 1166 HKS 7.798 4.446 BAHT 4137 2172 RUPIAH i 8,886 5,065 •SS tv 100 units PBOEE RATES SINGAPORE* 5.80 KUALA LUMPUR 7.67 JAKARTA .39.00 BANGKOK .9.30 MANILA 11.00
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  • 714 1  -  exclusive Bank of New York gets mandate to bring their American depository receipts to market By: Ling Su Ann [SINGAPORE] Two more Singa-pore-listed companies are following the success of Chartered Semiconductor and ST Assembly Test Services in going for a
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  • 527 1  -  iriexclusive Creative, Sing Tech group among backers; it Aims for 100,000 subscribers By, Andrew Wee [SINGAPORE] The market for broadband Internet services looks set to hot up with the entry of homegrown Qala Pte Ltd which aims to garner 100,000 subscribers in
    SIEW YAW HOONG  -  527 words
  • 309 1  -  By, R Sivanithy [SINGAPORE] The local stock market's gains on Monday were wiped clean yesterday as the Straits Times Index dropped to its lowest in almost five months following a wobbly Nasdaq and the release of weak September Singapore trade figures.
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  • 106 1 Reuters [NEW YORK] Stocks shed all their early gains in late morning yesterday as the crisis in the Middle East faded to the background and looming earnings from technology heavyweights grabbed the spotlight At 11.30 am EST, the Nasdaq fell 1.6 per cent or
    Reuters  -  106 words
  • 723 1  -  Not before a straight-through processing system is pnt in place, say some By I Siow Li Sen [SINGAPORE] Anyone in Raffles Place brave enough to want to talk about shortening the settlement period for share trading to T+l had
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    • 155 1 prams Money Matters The unhappy events of last week can too easily be replayed. Top Stories S'pore Sept trade up 11-7%. Naif Pmg* f Pilot upgrading for 5 private estates. Pg 11 E-infrastructure: the make or break factor. Pi 17 on eve of last and m m decisive debate. Fg2s
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    • 49 1 Sept non-oil domestic export growth slows to 11.7%, Pg 2 Pond managers don't expect rally on Mid-East truce, Pg 3 Oil sheds gains, Pg 20 ESHBVVV9V vSRBWVSv VHr vSBBBBHHB MH fIKH Igf H MnMIMB eaMMHM| *"tP, iW" 1 «**Wggß IS 'V. :'*P V 5 ,v_ M J__ r 4
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  • NEXT page
    • 502 2  -  Figure compares to August's 27.1% and analysts' forecast of about 17% Ryi Chuang Peck Ming [SINGAPORE] The lastest export growth figure has again confounded market expectations but this time on the low side. Non-oil domestic exports grew 11.7 per cent year on
      502 words
    • 694 2  -  Top-rated Stuart Rollason shares his views on investment in The Next Big Thing By Chuang Peck Ming [SINGAPORE] EITHER you get in very early, or you get in late. That's the general rule to follow when it comes to investing in The Next
      Photos by SIEW YAW HOONG  -  694 words
    • 408 2  -  Getting Personal By Corinne Kerk Who: Tan Lun Cheak, chief operating officer, Printing Farm. A#M3l. to famet After graduating from Manchester University, Mr Tan worked as an industrial designer with Matsushita Electronics for three-and-a-half years. During that time, he and some friends had
      408 words
    • ON THE grapevine
      • 73 2 LOUIS Yeap of Louis Yeap Realty offers some good incentives to keep his calling card around it can be used as a discount card at several retail outlets. From a 20 per cent discount at Sizzler restaurant to free black pepper chicken wings at Chen
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      • 149 2 NOW this is the kind of charity event we appreciate. We're talking about Broadway Our Way, a gala customer appreciation night organised by National Computer Systems (NCS), a subsidiary of Singapore Telecom, this weekend. The specially commissioned musical production features local stars like Selena Tan, Evelyn
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      • 70 2 AFTER a series of falls in the Straits Times Index, BT Online polled readers over the weekend for their response to the statement: The Singapore stock market will continue to weaken in the coming week. Here's what they thought: Yes, investors are worried about Wall Street and
        70 words

  • MIDDLE-EAST crisis
    • 681 3  -  Recent volatility due to inflation fears, falls in corporate earnings, high oil prices, they say From Neil Behrmann in London FUND managers yesterday cautioned against overoptimism of any rally in financial markets following a US-brokered truce in the Israeli-Palestinian conflict. They
      AFP  -  681 words
  • Page 3 Advertisements
    • 238 3 H NAME Mercedes-Benz C-Class j AGE :6 years old OWNER :Mr Dennis Tan Shlf OBSERVATION Scratches, dents and j g faded paintwork MEDICAL RECOMMENDATION: FULLRESPRAY J PACKAGE FROM ONLY I $2,800 FOR THE W PERFECT LOOK 1 B (LI Our qualified professionals use only the best equipment and materials, 1
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  • SINGAPORE companies
    • 386 4  -  Market watchers say exchange should disclose findings quickly, folly; Nomura Securities said to be the house involved By Serena Ng THE Singapore Exchange has yet to come to a conclusion on Singapore Telecom's unusual 80-cent price surge during last Friday's postclose trading
      386 words
    • 177 4 SINGAPORE Technologies Engineering's wholly-owned subsidiary Vision Engineering Kinetics (VTK) has appointed four-star General (Retired) John Tilelli as its new chairman. The announcement was made yesterday during an informal ceremony at the annual Association of the United States Army (AUSA) meeting. VTK is
      177 words
    • 377 4  -  $5m public tranche; 4-826% coupon rate for 12-year bonds Ven Sreenivasan JURONG Town Corporation yesterday launched and closed the tender for Singapore's first listed 12-year bond issue. The $200 million issue which will be listed on the Singapore Exchange on October 25 is
      377 words
    • 483 4  -  By\ David Boey THE euphoria over last Friday's sharp 7.9 per cent rebound in the tech-heavy Nasdaq Composite Index in New York fizzled out in the Singapore market yesterday. Optimism voiced in New York late last week of an impending rally on Wall Street
      FILE PHOTO; Source: Bloomberg  -  483 words
    • 896 4  -  locksiew paul thompson RECENT changes to the way goodwill is treated in accounts look likely to more than just reduce profits and depress such vital statistics as return on equity (ROE) and earnings per share (EPS) for a few local acquisitive companies. The change
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    • 652 8  -  Retail investors can buy options on US, European bine chips or US indices for US$l 9 OOO minimum By I Serena Ng CITIBANK yesterday launched a new financial product that allows retail investors to buy options on selected US and European blue chips
      FILE PHOTO  -  652 words
    • 417 8 Shareholder meetings today on merger with Pidemco Reuters SHARES of Singapore's DBS Land hit a five-week high yesterday on hope of minority shareholder approval of its merger with Pidemco Land, which would create Southeast Asia's largest property firm with assets of $18 billion. But
      Reuters  -  417 words
    • 344 8 SOMERSET Holdings has made additional arrangements for its shareholders to trade odd lots if it merges with The Ascott. If the proposed merger is approved by shareholders at Somerset's extraordinary meeting next week, its shares will be exchanged for Ascott stock at a ratio
      344 words
    • 467 9  -  Study finds strong signs of recovery in the Asia-Pacific region By. David Boey THE world's private equity and venture capital market enjoyed a banner year in 1999, with such investments surging 65 per cent to over US$l36 billion (*****.5 billion) last year, a
      FILE PHOTOS  -  467 words
    • 218 9  -  Chong Mengtotake charge of credit, market and operational risk By' Teh Hooi Ling OVERSEA-Chinese Banking Corporation yesterday announced the appointment of Chong Meng as head of group risk, from Oct 16. Mr Chong, 50, will head OCBC Bank's risk management division, covering its credit,
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    • 152 9 KEPPEL Shipyard, a member of the Keppel Hitachi Zosen Group, has secured a $7 million contract from Baggermaatschappij Boskalis bv (Boskalis), an operating arm of the Royal Boskalis Westminister Group in the Netherlands. The contract is to upgrade its dredger, Seaway, for enhanced dredging
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    • 41 9 IN our report on Advanced Materials Technologies' IPO plans yesterday, the quote from AMT's managing director Yeo Chee Tian was wrongly matched with the photo which showed AMT chairman Loh Chuk Yam. We are sorry for the error.
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  • Page 4 Advertisements
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    • 290 5 -gsueaq s.HJamaiJM ...or bullish, you can potentially maximise your returns with Citibank Unit Option. Introducing Citibank Unit Option -an over-the-counter option that If you believe a certain stock price will rise, you could buy a Call Unit FOR THE FIRST TIME IN gives you the right, but not the obligation,
      290 words

  • SINGAPORE markets
    • 535 6  -  l I comment STOCKS r.sivanithy TRADERS who feared Nasdaq's recovery last Friday was purely technical in nature or due primarily to short-cover-ing had their fears confirmed yesterday as overnight weakness on the US technology board and more US profit
      535 words
    • 491 6 Stocfce Volumi STEngg 10c 22,615,000 DBS Land 15,053,000 Seatown5c 11,839,000 NOL 9,943,000 SingTel 15c 9,888,000 PacificCenturylOc 9.294,000 Chart Semiconductor 26c 8,874.000 Omm Ind 10c 8,306.000 NatElec 10c 7,165,000 Leong Hin 20c 4,149,000 Stock* Chart SermConductcx 26c 63,625,406 STEngglOc 62,856,800 DBS Land 40,842,720 DBSGfp 38,878,821 SingTel 15c 26,800,496 Nat Elec 10c
      491 words
    • 202 6  -  WARRANT WATCH By] R Sivanithy IF funds were to buy into the property sector, City Developments must surely rank at the top of their list of stocks to watch. A look at the accompanying chart shows that the stock has
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    • 231 6  -  HOT STOCK By Ven Sreenivasan THE stock of OCBC Bank fell 40 cents to $10.00 yesterday on a volume of over two million shares. This is its lowest closing price since June 1. The counter has been falling steadily since mid-July and is now
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    • 126 6 ♦GOODPACK has accepted the resignation of Toh Tiong San as alternate director to Lim Sok Hia pursuant to a board resolution passed on Oct 12. The company has also appointed Ong Tok How, DBS Bank vice-president for private equity, as a non-executive director, on Oct 12 ♦THE company
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  • Page 6 Advertisements
    • 433 6 Arthur Anders en Goods and Services Tax (GST) and Your Business Workings of the GST system and its implications on businesses GST has been implemented since 1 April 1994. Who should attend Are you filing the GST return correctly? Accountants, Finance/Accounting officers and other Do you need a refresher on
      433 words
    • 50 6 Grow Your CPF With eiBht Important All applications for units in eight must be made on the application forms accompanying the prospectus Investors must read the prospectus The value of the units and the income from them may tali as well as rise >I<i H'.SBATJk P ii OHO Oil. --L
      50 words

  • MONEY matters
    • 1136 7  -  I-]rf comment CURRENCIES The unhappy events of last week can too easily be replayed larry wee WHAT'S really frightening about last Thursday and Friday's nearpanic selling of stocks and currencies, and the buying frenzy in the international oil market even if things
      Source: Hypovereinsbank  -  1,136 words
    • 1078 7 Thai baht: Buy USS on dips, targeting 45 by year-end, 48 baht over 12 months Our long-standing forecast of 43 Thai baht per US dollar by year-end was prematurely hit last week, and so may our
      Source: Barclays Capital  -  1,078 words
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    • 118 7 f1 F K f .J r Wfl£ r *<•••-.., I sV jP? f j^NN&' •-••<*».., > <IL f ;k jj^B dH >JPfab>, r Who says business and pleasure don't mix? At Concorde, we make sure you get the best of both worlds. Our business facilities include professional secretarial services to
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  • Page 8 Advertisements
    • 114 8 Sss;fr luxury. "TT~" K3ggi fciiß^«iir«SB£<>isw—' > 11i»niil lilli> i \,:.i,'i.jj.-r ja"l'MiiVf mawjr"g r fc .J Jur ■"!>.« ip J»1 ■fr "fefesfeaiii' JV >*SsiiflV r n■ -SajL;...£ ,r -A Unprecedented levels of quietness. Consummate comfort. Astounding performance. The new world s All Lexus automobiles from ,Borneo Motor* come with a $-vear
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    • 111 9 I T ijZ 1 i' i iijjL6.»ajriUfcjdM^asß^^lB^jM|ijj|ri|^l|^ ;r. rM Ui i a. i| '.f f, \Lt, t nrr rir xssl/ f -A;-3*; *■>'' sj'jii&w., L^^s^^gr fc i t W.P. R Lf >'. rW~-'-*-j-I'.1'. 8 ',''iS^^^S"^ UJ T" L !7 ~r3v-:-' -~-~^---^y^y-r^s.'m;" r| fi Lexus LS43O Mik, I BE Si HHiiife^v
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  • MAIL bag
    • 468 10  -  Narayana Narayana Singapore, via Internet I REFER to the article "Fuss over $30 broking fee, cartel claims unfounded" by R Sivanithy (BT, Oct 13). Mr Sivanithy has not fully covered the subject from the no doubt parochial viewpoint of the average small investor. Perhaps
      468 words
    • 220 10  -  Allan Wong Weng Kham Singapore, via Internet THE introduction of deregulated broking fees has come and gone and the rates of each house are now in place. The minimum sum is $30.00 per transaction for most houses. But I have one question that I
      FILE PHOTO  -  220 words
    • 54 10  -  Tan Keng Soon Singapore, via Internet From Oct 1, digital signatures in the US are as legally binding as the old-fashioned ink and pen variety. I would like to know whether our lawmakers have done anything here in Singapore to update our laws. This law will
      54 words
    • 349 10  -  Stella Chan Assistant Manager (Public Affairs) Central Provident Fund Board Singapore, via Internet WE refer to the letter "Update unit trust list every year, CPF" by Peter Wang (Mailbag, Oct 12). Fund management companies may apply for their unit trusts to
      349 words
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  • SINGAPORE news
    • 841 11  -  Only landed estates this time; fntnre batches may inclnde condos, apartments By'. Kalpana Rashiwala THE government has picked five landed estates for the pilot batch of the Estate Upgrading Programme (EUP) for private housing estates. Minister for National Development Mah Bow Tan unveiled the
      Arthur Lee  -  841 words
    • 263 11 KING and Queen make for a winning hand. Little wonder the owners of King's Flats have decided to join hands with neighbouring Queen's Flats, to put their property up for collective sale. Together, the two sites add up to 83,000 sq ft in Tiong
      263 words
    • 311 11 THE government will subsidise people who want to make a career switch to the infocomm sector, by paying up to $4,000 of their training course fees. The Ministry of Manpower and the Infocomm Development Authority of Singapore said yesterday they are extending their Strategic Manpower
      311 words
    • 397 11  -  One way is to tap the capital markets World Bank official Byi Andrea Tan A WORLD Bank official yesterday gave three ways for countries to avoid a property cum banking crisis, which he said could set their economies back by up to 10 years.
      397 words
    • 242 11  -  It will also make farther investments to extend capacity on WAP platforms By* Teh Hooi Ling STARHUB said yesterday it will invest an additional $100 million during the next five months to enhance the coverage of its mobile phone network. The investment
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    • 288 11  -  I 3on the economy cargo ty Teh Hooi Ling THE amount of cargo shipped through Singapore's maritime gateways in August rose 3.2 per cent, or 840,000 tonnes, year on year to 26.7 million tonnes, latest figures from the Maritime and Port Authority reveal. But compared
      288 words
    • 361 11 PIDEMCO Land's e-business unit pFission Pte Ltd yesterday invested US$5 million (SSB.B million) for a 20 per cent stake in a global construction hub. Other shareholders of icFox International Ltd are Davis Langdon Seah Group (DLS) and Hongkong-listed Paul Y-ITC Group, which
      361 words
  • Page 11 Advertisements
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  • EDITORIAL & opinion
    • 756 12  -  iTTT^ bottom line OPINION al labita The writer is BT's Manila correspondent IS beleaguered Philippine President Joseph Estrada on the way out? To his political enemies, his days are numbered. He has, at most two to three months. His allies think Mr Estrada will keep
      756 words
    • 126 12 'If somebody wants to be entertained, they ought to go to the circus. They ought to go to the movies. Or they ought to go to the ball game. I didn't sign on to entertain people for 90 minutes three times. These have been tremendous exercises for
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    • 662 12 EDITORIAL WHAT, many have been asking, is going on in the world's stock markets? The US economy remains healthy, Europe and Japan are recovering, many Asian economies have bounced back, and a so-called New Economy bursting with innovation is supposed to be upon us. And
      662 words
    • 1866 12 We reproduce here extracts of a speech this week by US Federal Reserve chairman Alan Greenspan on electronic finance THE advent of the Internet and advances in information technology and telecommunications unquestionably are having significant effects on financial markets and institutions. No one
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  • MALAYSIA news
    • 554 13 KUALA LUMPUR It says the economy looks set to improve further; first Moody's upgrade since 1995 Bloomberg MALAYSIA'S foreign currency ratings were yesterday raised one notch by Moody's Investors Service because of a strengthening economy, making it cheaper for Malaysia and some of its
      Bloomberg  -  554 words
    • 133 13 KUALA LUMPUR KL Monorail System Sdn Bhd, which is building the RM1.17 billion (Sss4o million) monorail, plans to have a paid-up capital of RM26O million when it lists on the Kuala Lumpur Stock Exchange, The Sun reported yesterday. "It plans to be
      133 words
    • 94 13 AFX-Asia [KUALA LUMPUR] Hie Malaysian Exchange of Securities Dealing and Automated Quotation (Mesdaq) aims to attract to the exchange high-tech companies with potential dual listing status on both Mesdaq and Nasdaq, Mesdaq president Abdullah Abdul Hamid said. Quoted in the Star, he said companies
      AFX-Asia  -  94 words
    • 218 13 KUALA LUMPUR Bat it won't woo investors with incentives: Dr M Reuters MALAYSIAN Prime Minister Mahathir Mohamad yesterday welcomed foreign investment in ports and airlines but ruled out doling incentives to attract investors. "Yes, we will allow that because now it is important to
      Reuters  -  218 words
    • 295 13  -  From] Eddie Toh in Kuala Lumpur BANKERS and trade creditors are not the only ones hoping for a successful resolution of the protracted restructuring exercise at Malaysia's Time Engineering. The fortune of listed Ro-has-Euco Industries (REI) controlled by prominent tycoon Wan Azmi Wan Hamzah
      295 words
    • 448 13  -  From Eddie Toh in Kuala Lumpur THE race is on for the national carriers of Malaysia and Singapore to increase the number of flights to London following British Airways' sudden decision to scrap the Kuala Lumpur-Heathrow route last week.
      AP  -  448 words
  • Page 13 Advertisements
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  • REGIONAL news
    • 834 14  -  l-l I comment ASEAN VIEW Can Umno and PAS settle such a fundamental issue? yang razali kassim AS the cynics say, one has to be silly, or exceptionally brilliant, to think a political debate between Umno and PAS could amount to much. The two rivals
      834 words
    • 279 14 JAKARTA President ordered transfer of money to massenn witnesses AP A PARLIAMENTARY committee investigating two scandals shaking the Indonesian government held its first hearing yesterday with claims that President Abdurrahman Wahid ordered the illicit transfer of millions of dollars to his masseur, an official
      AP; AFP  -  279 words
    • 253 14 LANGKAWI, Malaysia Reuters, AP MALAYSIA and Indonesia agreed yesterday to step up cooperation in oil and gas production following this month's landmark agreement between the two neighbouring oil producers. Malaysian Prime Minister Mahathir Mohamad said after talks with visiting Indonesian President Abdurrahman
      Reuters,; AP  -  253 words
    • 475 15  -  First gain since Estrada hit by scandal; stocks slump 1.8% to 2-year low From Al Labita in Manila THE Philippine peso yesterday clawed back some lost ground after monetary authorities warned of "draconian measures" to curb the speculative assaults on the currency. Wary about
      475 words
    • 412 15 MANILA AFP PHILIPPINE President Joseph Estrada is to face an impeachment motion today on charges he took bribes from illegal gambling rings, in the biggest crisis since he took office two years ago. Opposition forces conceded yesterday they faced an uphill battle in their
      AFP; REUTERS  -  412 words
    • 410 15 TOKYO Criticisms over West Timor won't stand in the way: diplomats Reuters INDONESIA got a vote of confidence from its biggest aid benefactor yesterday as donors began a two-day meeting in Tokyo to approve a US$4.B billion (558.42 billion)
      Reuters  -  410 words
    • 135 15 Reuters [HONGKONG] A consortium of American and Taiwan investors have decided to choose Shanghai rather than Hongkong to construct a US$l billion (551.75 billion) to US$2 billion micro-chip manufacturing centre called Silicon Harbour, Hongkong TV reported yesterday. The report quoted Hsu Ta-lin, chairman
      Reuters  -  135 words
    • 646 15  -  Shanghai mayor exchanges views with DPM Lee Fromi Quak Hiang Whai in Shanghai CHINA has to join the World Trade Organization or it will be left behind, but Beijing will not be able to accommodate additional non-trade conditions raised by WTO, Shanghai mayor Xu Kuangdi
      646 words
    • 552 16  -  Seoul summit to sign Asia-Europe cooperation framework From I Shada Islam in Brussels EUROPEAN Union leaders head for Seoul this week seeking Asian backing for a new global trade round and plans for a first-ever cyber cooperation programme to plug the North-South digital divide.
      AP  -  552 words
    • 90 16 SEOUL AFP INTERNATIONAL pressure groups have pledged there will be no repeat of Seattle-style violence at this week's Asia-Europe summit (Asem) in Seoul. But the South Korean authorities are taking no chances. High-profile activists, some accused of leading violent protests at the World
      AFP  -  90 words
    • 322 16 HONGKONG State-owned bank streamlining operations before China joins WTO Bloomberg THE Bank of China, China's flagship foreign exchange and trade bank, plans to cut 15,000 staff globally, Hongkong's Ming Pao Daily reported, without identifying the source of its information. The bank,
      Bloomberg  -  322 words
    • 180 16 HONGKONG Bat he still controls the toy malrifig firm Reuters TOY maker Hung Fung Group Holdings Ltd said yesterday its chairman Chan Chun-hung has agreed to resign following a HK$9O million (5520.2 million) credit scam and bribery probe which led to his arrest
      Reuters  -  180 words
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    • 508 14 1 Sl3 SSA 1 «rt.>«fc#^^ps^;-. k Tender Packets are available at $100/aer is t essence of life. It brings growth and vigour. Hougang SI 3is a site which enjoys both the exclusivity The vastness of space, fresh air and the sounds of nature (inclusive of GST) each during office SI
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  • Page 15 Advertisements
    • 1216 15 Bayerische Landesbank V Girozentrale I BALANCE SHEET I PROFIT AND LOSS I I AS AT 31ST DECEMBER 1999 ACCOUNT FOR THE YEAR 1999 I I (Figures in EUR '000) (Figures in EUR '000) I I ASSETS 1999 1998 199g 1998 I Cash reserves 104,499 367.258 Interest income from I Debt
      1,216 words

  • Page 16 Advertisements
    • 95 16 ISfe s* flfir MHIHPsS&w. HPI6 mwK, ikfl^^^Hi^^^S^HP'W fIQ tiF i ~•>» 2 :>,&■ t (■4JNIH j Bk i a I *i s". Jft-My 1 IMi'ii'i i 1 <MlMHiKHn^^ ifCMjrT *Ww :.< >a*\. T v a„ J^ik..i4m^Mi>B^^^Jl^^^^W^^^WMW <shmß 2858g i^HFhl^ ANY SHAPE AND SIZE TO EUROPE. With our new direct flights
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  • e-NEWS
    • 1069 17  -  A solid e-infrastructure will be critical in the New Economy. Here's why By Tan Choon Seng Tan Choon Seng (choonseng.tan(Qcompaq.com) is vice-president and managing director Asean region, Compaq Computer Asia BIG threats and fresh opportunities that's the Web. Think spider web: Is it a dandy
      1,069 words
    • 691 18 SAN FRANCISCO Slacking demand in Europe, diversification of industry blamed Reuters INTEL Corp, the world's largest chipmaker, and its scrappy rival, Advanced Micro Devices Inc, have resumed a fierce price war on microprocessors the brains of personal computers in the face of
      Reuters  -  691 words
    • 381 18 NEW YORK Bloomberg VERIZON Communications and Vodafone Group. Pic delayed an initial stock sale in their jointly owned wireless company, the biggest in the US, after declines in rivals' shares. They had planned to raise at least US$5 billion (SsB.B billion). "Recent volatility of
      Bloomberg  -  381 words
    • 79 18 [TOKYO] Jeff Hawkins, founder, chairman and chief product officer of Handspring Inc showing off the company's latest l&bit-colour display Palm OS handheld computer, Visor Prism, at a Tokyo hotel Oct 16. Handspring announced it will introduce two Japanese-language version handheld computers, Visor Prism and Visor Platinum
      AFP  -  79 words
    • 256 18 SAN JOSE Japanese giant will use its Crusoe chip rather than Intel AP UPSTART chipmaker Transmeta Corp said yesterday that NEC Corp's latest Japanese laptop will use its Crusoe chip, a power-saving microprocessor that claims to double the life of batteries. Since the Crusoe was unveiled
      AP  -  256 words
    • 297 18 SEATTLE Barron's says firm wants to raise cash Reuters SHARES in Amazon.com Inc fell 15 per cent on Monday after an article in investment magazine Barron's said the Internet retailing giant might be seeking to raise cash through a secondary stock offering.
      Reuters  -  297 words
    • 553 18 SEOUL But shares dive 15% on alert over Intel revenue Bloomberg HYUNDAI Electronics Industries Co, the world's No 2 memory chipmaker, said it earned its first quarter of profit this year between July and September on strong demand for its main product
      Bloomberg  -  553 words
  • Page 17 Advertisements
    • 101 17 I f| With wireless communication, you'll never be grounded. The new Acer Travel Mate 350. Perfect for today and tomorrow. Built-in 802.11b and keyboard. Plus an Intel* Pentium* 111 processor and 10GB HDD with Disk Anti-Shock infrared connectivity opens you to a wireless world. Smart card security will soon Protection.
      101 words
    • 110 17 About ec.Think ec.Think is a new series on key issues facing businesses in the e-Economy. The series takes its name from a private sector consortium formed recently with the aim of helping to define and promote Singapore's e-Economy. ec.Think currently comprises Andersen Consulting, Cisco Systems, Compaq Computer, EMC Computer Systems,
      110 words

  • Page 18 Advertisements
    • 16 18 pf--, v I I POlKY#**** ianhe Zaohao Price war devastates China's fridge market PJffiJxlSllift 87Cffig I
      16 words
    • 68 18 FORD MOTOR CREDIT COMPANY U.S. $750,000,000 Floating Rate Notes due January 17, 2002 In accordance with the Terms and Conditions of the Notes, the interest rate for the period 17th October, 2000 to 17th January, 2001 has been fixed at 6.*****% per annum. The interest payable on 17th January, 2001
      68 words

  • SOUTH asia
    • 355 19 NEW DELHI This will ensure supplies to strategic sectors and remote areas Reuters THE Indian government will retain majority equity in state-run Indian Oil Corp (IOC), Oil and Natural Gas Corp (ONGC) and Gas Authority of India Ltd (Gail), the oil
      Reuters; AFP  -  355 words
    • 253 19 NEW DELHI Sales for year to Sept 30 rose to 7.5b rupees from 5.81b Reuters INDIAN computer education and software firm NIIT has unveiled a better-than-expec-ted 56.9 per cent rise in net profits in the year to Sept 30. Net
      Reuters  -  253 words
    • 144 19 NEW DELHI Reuters AN interim report by Indian investigators into cricket match-fixing allegations is to be placed before Parliament next month. Press Trust of India (PTI) quoted the country's sports minister as saying on Monday. "Parliament witnessed uproar over the match-fixing issue and hence the report
      Reuters  -  144 words
    • 277 19 BOMBAY Bloomberg COST cutting and restructuring continue to raise net profits of Indian companies as sales growth slackens, analysts said. "Indian companies have been carrying out a major cost cutting and restructuring exercise in the past three years and the results are
      Bloomberg  -  277 words
  • Page 19 Advertisements
    • 414 19 NOTICES To advertise call 1011-free 1800-741 1883 Fax No: 741 1298 o OCBC Finance OCBC Finance Limited (Incorporated In Singapore) A Member of OCBC Group ANNOUNCEMENT Pursuant to Article 32(4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as
      414 words
    • 271 19 THE COMPANIES ACT, CAP. 50 TJ REALTY PTE LTD (In Vol Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the above-named Company which is being voluntarily wound up are required on or before the 21st day of November, 2000 to send in their names and addresses with particulars of
      271 words
    • 97 19 IiJuRACO URACO HOLDINGS LIMITED 5522.5 MILLION GUARANTEED FLOATING RATE NOTES DUE 2002 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 6month period from 18 October 2000 to 18 April 2001 (182 days) is 3.*****% per annum with a Coupon
      97 words
    • 144 19 NEW OXYTWO ENERGY PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY given pursuant to Section 308(2) of the Companies Act Cop 50 that the Final Meeting of Members of the above-named Company will be held at Block 809 FRENCH ROAD #05-168 SINGAPORE *****9 on 2011 2000 at 10 30am for
      144 words
    • 145 19 HI URACO URACO HOLDINGS LIMITED 5522.5 MILLION GUARANTEED INVERSE FLOATING RATE NOTES DUE 2002 In accordance with the provisions of the Notes, notice is hereby given that the Rate of interest for the 6month period from 18 October 2000 to 18 April 2001 (182 days) is 7.*****% per annum with
      145 words
    • 144 19 TECHNO STAR PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY given pursuant to Section 308(2) of the Companies Act. Cap. 50 that the Final Meeting of Members of the above-named Company will be held at Block 809 FRENCH ROAD #05 168 SINGAPORE *****9 on 2011 2000 at 9:3oam for the
      144 words
    • 61 19 A 4 Buy an Audi A3, A 4 or A 6 before sth November and you could win a full refund inc-luding C.O.E. and all on-road costs/ In addition, test-drive any Audi and win tickets to see Riverdance The Show. "Terms and conditions apply. GOOD Vorsprung dure h Techmk www.audi.com
      61 words

  • WORLD news
    • 555 20 LONDON Falls come after news of possible end to tension between Palestine, Israel Reuters, Bloomberg OIL markets inflamed by Middle East tension shed some gains yesterday and European stocks turned higher at midsession after Israelis and Palestinians agreed to try to end
      Reuters,; Bloomberg  -  555 words
    • 502 20 SHARM EL-SHEIKH, Egypt Tension remains high; people on both sides sceptical AFP, AP MORE than 24 hours of intense diplomacy by President Bill Clinton paid off here yesterday, with Israel and the Palestinians agreeing to a deal aimed at ending 20 days of
      AFP,; AP; AFP  -  502 words
    • 570 20 NEW YORK Reuters CITIGROUP Inc, the No 1 US financial services company, said yesterday its third-quar-ter profits rose a better-than-expected 27 per cent, driven by fees from advising on mergers and growth in its vast consumer bank arm. The New York-based company, which
      Reuters  -  570 words
    • 39 20 [FRANKFURT] A woman dwarfed by giant books reading in a German publisher's exhibition area at the Frankfurt book fair yesterday. The world's largest book fair opens today, with this year'sfocus on Polish literature. REUTERS
      REUTERS  -  39 words
    • WORLDWatch
      • 124 20 Reuters {NEW YORK] Merrill Lynch, the No 1 US brokerage, yesterday reported a S3 per cent increase in third-quarter earnings that exceeded analysts' estimates, driven by feesfrom managing money for investors. Merrill posted net income of US$BB5 million (51.5 billion) or 94 US cents
        Reuters  -  124 words
      • 106 20 Reuters [SAN FRANCISCOJ Charles Schwab Corp, the No 1 US discount and Internet broker, said its Q3 revenue jumped 30 per cent but that profits fell slightly due to acquisition related charges and a seasonal slowdown in stock trading volumes. Schwab, which has 7.4
        Reuters  -  106 words
      • 74 20 Reuters [AMSTERDAM] Philips Electronics said profits more than doubled in the third quarter as semiconductor earnings swelled, but saw its shares slip as analysts picked at details and worried about the future. Philips reported net income of 2.07 billion euros (Ss3.l billion). Excluding all
        Reuters  -  74 words
      • 63 20 Reuters [NEW YORK] Long-distance telephone company Sprint said its third-quarter net income rose about 7 per cent in line with its reduced expectations, as stiff competition and price wars countered strong data sales and improved cost controls. Sprint's third-quarter profits rose to US$3B4 million, or 43
        Reuters  -  63 words
      • 104 20 Bloomberg [HOUSTON] Enron Corp, the world's largest energy trader, said third-quarter profit rose 31 per cent as revenue more than doubled. Net income rose to US$292 million, or 34 US cents a share. Enron was expected to earn 32 US cents a share, the average estimate
        Bloomberg  -  104 words
      • 116 20 Bloomberg [WASHINGTON] US industrial production slowed in September from a month earlier, capping the weakest quarterly performance for manufacturers since early 1999, Federal Reserve statistics showed. Output rose 0.2 per cent last month, mainly reflecting increased production of autos and replacement tires for Ford Explorers.
        Bloomberg  -  116 words
    • 243 20 ADELAIDE Reuters AN Australian auction house is claiming the world's highest price for a bottle of wine after attracting a winning bid of A 544,400 (5540,600) for a rare first vintage of the country's most prestigious wine, Penfold's Grange. "As far as we know,
      Reuters  -  243 words
    • 364 20 TORONTO Ex-chairman shouldn't have to take all the blame; lawyer Reuters THE first trial in the infamous Bre-X Minerals gold mining fraud, which wiped out billions of dollars in wealth, got under way on Monday with a lawyer for former Bre-X vice-chairman John
      Reuters  -  364 words
    • 281 21 LONDON Reuters GLOBAL private equity and venture capital investments rose 65 per cent last year to US$l36 billion (*****.6 billion) with at least US$77 billion pumped into management buyouts, according to a study published yesterday. The study was conducted by British venture capital firm
      Reuters  -  281 words
    • 351 21 NEW YORK Gripes about pay rise despite economic boom, survey finds AFP AMERICANS are less satisfied with their jobs than they were five years ago despite the record economic expansion, according to a survey released on Monday. The Conference Board survey found 51
      AFP  -  351 words
    • 507 21 NEW YORK Q3 non-performing assets up 45%; problem loans only in certain industries FT BANK of America provided fresh evidence of the malaise in US banking on Monday, reporting fiat operating earnings and rapidly rising problem loans in the third quarter.
      FT  -  507 words
    • 79 21 [LONDON] John Lennon's piano arrives at the Hard Rock Cafe in London yesterday. The piano, on which Lennon composed the song Imagine, was to be auctioned yesterday on the Internet with an expected sale price 0f£1.5 million pounds (SS3.B million). The Internet company which
      AP  -  79 words
    • 398 21 STAMFORD, Connecticut Investors fear it may have to tap into line of credit for Ist time AP XEROX Corp stock plunged 26 per cent Monday as investors worried about the company tapping into its line of credit for the first time. Stock for
      AP  -  398 words
    • 486 21 Team finds heart doesn't respond well to working in the middle of the night Reuters [WASHINGTON] Shift work may not only make people grumpy, but it could put them at a higher risk of heart disease, Italian researchers said on Monday. Alarm clocks
      Reuters  -  486 words
    • 553 25 Gore suffers sharp drop in credibility rating, says new survey LAT-WP [WASHINGTON] Vice-President A 1 Gore and Texas governor George W Bush meet this morning in St Louis for their final and potentially decisive debate, with Mr Gore under
      LAT-WP; AP photos  -  553 words
    • 516 25 WASHINGTON It says Moscow urged him to keep it from Congress AP VICE-President A 1 Gore kept Congress in the dark about details of Russian nuclear cooperation with Iran after receiving a letter from thenprime minister Viktor Chernomyrdin urging him to keep the
      AP  -  516 words

  • Page 21 Advertisements
    • 83 21 bS <l^^pP ,ll j^"MßWWßJ^p|^||^^^^^^^^g <& A 6 Buy an Audi A3, A 4 or A 6 before sth November and you could win a full refund including C.O.E. and all on-road costs.* In addition, test-drive any Audi and win tickets to see Riverdance The Show. 'Terms and conditions apply. GOOD
      83 words

  • The ISO Edge
    • 1698 22  -  Learning the right lessons so that companies can get the most out of their ISO certification and continue to improve By\ C M Tay The writer is Principal Consultant of CCIS Singapore Pte Ltd WHEN computers were introduced to handle excessive information, they either
      1,698 words
    • 765 23  -  Freight forwarder, JP Express targets quality management system By\ Susan Tsang SIZE is no barrier to an efficient management system, as JP Express discovered. The freight forwarder makes do with a staff of just four executive director Cheong Hong Kheong and three other employees, to
      ARTHUR LEE  -  765 words
  • Page 22 Advertisements
    • 244 22 rfiPl CROWNING ACHIEVEMENT II FOR OUR COMMITMENT TO 1 gj EXCELLENCE IN 3 Jr„ I V j Q Lg| A Division of Trans Marine II I I Tsi: (847) 202 3000 Fax:(847)202 3030 II ®E3§Fs IU Email: thattonotmilms.com www.tmilms.com II I 8 nc ee< pleasure in writing this short note
      244 words

  • Page 23 Advertisements
    • 178 23 P* A .x *> PR-a-fj I TAN PUNG YONG CONTRACTOR PTE LTD 36, Dedap Road, Singapore *****0 Tel: 482 1265 Fax: 482 1765 CurslfMiftMiuAekim»mtCf The tSO oOOSCertift&etiCH I— Mnnge From Mr. Tan Pung Yong, Managing Diractor We are honoured to announce this joyous occasion |T of our latest achievement The
      178 words

  • Page 24 Advertisements
    • 228 24 "VJ ;-"4 *">' ie '~^>'-'*' u^iifl f, W/ UllLllulu-Cll lk"''.f-fihhfml f !£LLii^ulikm.-^mj [FRiEg-i' v v: j r-^'V'' I FREE FREE FREE FREE FREE Toll Broadband Headstart 56Kbps Personalised Training Guide Connection Web Mail m!wL fT No expensive Learn how to Kick start your You can also access Check your email
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  • Page 25 Advertisements
    • 176 25 Since we established our first representative office in Beijing in 1983, OUB has actively promoted and financed trade and investment in the People's Republic of China. The official opening of our newest branch in Shanghai on 17 October 2000 will enhance our capability to provide our customers with comprehensive international
      176 words

  • FINANCE & commodities
    • 287 26  -  SGZ Derivatives Tradingßeport ST S 9 pore Index Lau Chee Keong Refco Singapore SINGAPORE stocks yesterday failed to follow-through on Monday's rally after a low-er-than-expected September non-oil domestic exports data. A lower Nasdaq overnight and worries about the euro dampened the outlook for
      287 words
    • 236 26  -  MS& Taiwan Index Lau Chee Keong Refco Singapore TAIWAN stocks rebounded with the help of state funds to reverve sharp early falls yesterday. The sentiment in early trade was hurt by a renewed threat from China and worries over slowing earnings in the US technology
      236 words
    • 204 26 Reuters [KUALA LUMPUR] The International Natural Rubber Organisation (Inro) said yesterday it did not sell any rubber at its tender on Monday because prices were too low. It was Inro's first auction since March under its plan to liquidate the disbanded group's 138,000-tonne rubber
      Reuters  -  204 words
    • 322 26 Reuters London THE euro paused for breath yesterday, consolidating about half-a-cent above record troughs it hit against the dollar last month, amid lingering wariness about further central bank intervention to shore up the single currency. Senior European officials tried to dissuade the market from pushing the euro much
      Reuters  -  322 words
    • Article, Illustration
      1140 26 DTTBRBAMM CROSS RATES 7 2 "r W Mis Hm Ym Wow W KgPih Mo SS K-i Sfr W W Hmt £5f MM f°£ 1202 4.076 ***** 46.437 0565 5.923 1906 L*****.*****.260 0.917 3.958 0.929 ********** 0562 0523 oU? nun iiZ, 30 516 07B 7461 2-502 1566 30.427 ***** L155 4.906
      1,140 words
    • 1709 26 SICOH FUTURES _ocU7 STSilSEtollSS 13^" 1 Close Mm op« »*-*> Wj> Lwr S«tt (to—i) ftamt HwOO H7J0 Dec 00 118.75 J« 01 W.75 50 MOI ***** SO RSS 3 CONTRACT (US cMta/lq} VoMm CM MwO 1> U» Stt (tin) IMMMt Nov 00 6425 1250 Dec 00 6100 B85 Jm 01
      1,709 words

  • STOCKS east asia
    • 2820 27 HONGKONG AFP QHangSeng -WJT7 HONGKONG share prices fell 0.7 per cent yesterday on concerns over high oil prices and US corporate earnings, dealers said. The key Hang Seng Index lost 99.97 points to close at 14,873.43 on turnover of HK57.67 billion. Dealers
      AFP  -  2,820 words
    • 1994 27 TOKYO AFP QfflUuiKS .17X10 SHARE prices in Tokyo fell back 1.1 per cent yesterday as investors took profits on high-tech and other issues amid concerns over the Middle East situation and earnings by major US firms, brokers said. The Tokyo Stock Exchange's Nikkei--225
      AFP  -  1,994 words
    • Article, Illustration
      970 27 Reuters H Shenzhen B Index +QJ2 CHINA'S hard currency B shares ended mixed in quiet and directionless trade yesterday with no major news to stimulate investors. The Shanghai B share index edged 0.16 per cent lower to 58.25 on slim turnover of U554.77 million, similar to the U554.72 million
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  970 words
    • 338 27 AFP QWP Index +71.41 TAIWAN share prices closed 1.3 per cent higher yesterday on strong government buying, dealers said. The Taiwan Stock Exchange Weighted Price Index rose 71.41 points to 5,702.36, following a 4.2-per cent plunge in the previous session. Yesterday's turnover was NT572.17 billion against NT594.68 billion on
      AFP  -  338 words
  • Page 27 Advertisements

  • STOCKS klse
    • 418 28 AFP CI Composite Indei -OJB MALAYSIAN share prices ended 0.1 per cent lower yesterday with profit-taking ending three days of rises, dealers said. The Kuala Lumpur Stock Exchange Composite Index feU 0.98 of a point to finish at 765.20, offa high 0f775.86. The Second Board
      AFP  -  418 words
    • 9163 28 Cmswmt products 2000 Last Vol Day Net Cap High Lw Company SM '000 HlfH Low P/E $mll 420 310 AJinomoto 332 18.2 134 6 158 46 Angkesa 55 unch 45 58 55 81.1 670 290 ApoNo Food Mlg 422 4 3 422 420 9.2 168.8 3825 2700 BAT50C 3700 -50
      9,163 words
  • Page 28 Advertisements

  • SGX clob & regional stocks
    • 2515 29 BONDS A WARRANTS Oct 17 Wt Wnf Pvaa/ Imn Lai ra Bay uumi tag Immt Urn Urn mm mm "N* fi»m urn *w rmm t— *nm ti» w» (—a mat nn. f%) i»m 513 15 I Acma ******4 4.3 -0.5 22 4.S 4.5 4.5 5 5 41.0 1 300 2M
      2,515 words
    • 314 29 AFP Q Composite Index -37.25 SOUTH Korean shares fell 6.7 per cent yesterday with the index down 37.25 at 512.85. Volume was 311 million worth 1.8 trillion won. AFP Oct 17 *h Arum Semi 5200 -090 Brain Tech. 635 -40 Central Bank 220 -35 Cheil Cofflffl ***** -1100 Da*
      AFP  -  314 words
    • 281 29 AFP Q Composite Index -23J27 PHILIPPINE share prices fell 1.8 per cent yesterday with the Philippine Stock Exchange Composite Index down 23.27 points to 1,271.75. Turnover fell to 270 million shares worth 568 million pesos from 717.6 million shares worth 683.5 million pesos on Monday.—AFP n» CMW) MRC Allied
      AFP  -  281 words
    • 258 29 AFP QNZSE-40 -MB NEW Zealand stocks closed down 0.5 per cent yesterday in directionless trading on light volume, dealers said. The NZSE-40 Capital Index was down 9.98 points at 1,903.06 points on light turnover of NZ$6B.6 million. OctTT m rwo> Advantage HOS 1.79 -0.01 62 Air HZ A 1.68
      AFP  -  258 words
    • 548 29 AFP -3.4 AUSTRALIAN shares eased 0.1 per cent yesterday in lacklustre trading influenced by uncertainty on Wall Street, brokers said. The All Ordinaries index fell 3.4 points to 3,216.0, while the SP/ASX 200 index eased 2.4 points to 3,264.2. Turnover totalled 527.63 million shares worth A 51.38 billion. Austock
      AFP  -  548 words
    • Article, Illustration
      751 29 AFP |T| SET Index +LB7 THAI share prices rose 0.7 per cent yesterday on speculative buying in bank and financial stocks ahead of third-quarter results due this week, dealers said. The Stock Exchange of Thailand (SET) Composite Index rose 1.87 points to close at 259.95 points and the SET
      AFP  -  751 words
    • Article, Illustration
      659 29 AFP F1 Composite Index +5.69 JAKARTA share prices closed up 1.4 per cent yesterday but oflf their highs as late profit-taking eroded earlier gains on cautious optimism about the outcome of debt talks in Tokyo, dealers said. The Jakarta Stock Exchange Composite Index closed up 5.69 points at 417.44,
      AFP  -  659 words
  • Page 29 Advertisements

  • 8771 30 SGXMAINBOARD Transaction date: Oct 17 Gf Cr M Wt 52-Wk LMt Va4 Day Last Quote Dtv Wv Yld Net Cap Ava HHH Law Company Sato COOP) L— Buyer Sa8ar Co P/I J mil Price M8L1HHMH8V 163 753 mc AcmaSOc 78.5 -03 35 78.5 77 78 783 5 4.3
    8,771 words
  • Page 30 Advertisements

  • Page 31 Advertisements
    • 648 31 Where to wine, dine and entertain...-tGHasSr 'a*®*; Fine Cantonese Cws>*\e k Veuve Clicquot. Only W<v\ Hoio. 3flH\ Pcl-obe* SVU Novetnbey, 1000. Wan Hao revolutionises the concept of fine dining. Imagine savouring classic Chinese cuisine with your choice of five Veuve Clicquot champagnes. It's a new experience of the senses you
      648 words
    • 75 31 Flavours of Tasmania FOOD WINE PROMOTION 11 -22 October 2000 Discover Australia's WKt V second oldest colony in "Flavours of Tasmania", HL a special Tasmanian Food and Wine Promotion at I Top of the 'M' Revolving Restaurant. B Reservations: JSP I 831 6288 /58 rW RevolvlMf Restaurant l MmmtUmm PI
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  • Page 31 Miscellaneous
    • 777 31 __I OwM 8-00 Malcolm In The Mid- 5.00 Bara 2.00 Headline Graphics Mm 0.00 AM Kids Central: Sesa- 830 Showbuzz Li. inairoron r.,« 2-02 to 6.00 am Real time 2 ifl 100(> meStreet SJo Postal? Financial Data. 11.00 CoSTaiS Chicken Jaged When 730 KrltotanSuci. PM Fitness: Kardio JJ*«[ j£>w And
      777 words
    • 223 31 CKVPTIC CROSSWORD ACROSS ter car's repaired (6) SGo carefully through application 5 The standard weapon, in a man(6) ner of speaking (8) 8 Blame fish salesman getting the 6 Row invoMng grazing tor cattte order wrong (8) (5) 9 Splendid publicrty for one of the 7 taking in money and
      223 words

  • THE CEO speaks
    • 1222 32  -  ANNA TEO catches up with the Apic chairman in Sydney and gets a glimpse of property trends ANNA TEO SYDNEY'S virtually a second home to Chua Yong Hai, but the chairman of Asia Pacific Investment Company, a property investment vehicle of Australia's Lend Lease
      PHOTO BY ARTHUR LEE  -  1,222 words
  • Page 32 Advertisements
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    • 2 32 RIVILEGE BANKING
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  • SHIPPING TIMES
    • 310 33 Reuters GRAIN rates out of the US Gulf appeared to be easing at the start of a fresh week, although the Baltic indices indicated that rates for the freight market overall were steady to slightly firmer, brokers said. Two cargoes 0f54,000 tonnes of heavy grain were fixed from
      Reuters  -  310 words
    • 284 33 us mmr oo© mn w CWT Distribution 0J8 until 44 ChuanHup 0J6 -0.01 463 Cmco Invastmafit 0.16 -0.01 *0 FrtfaM Links 0.J4 -a 01 80 G8MMdb*s 0.51 until 0 Hai Sun Hup 0.33 -0.01 SI IMCHel«nQi-HK 5.60 until 0 aeviMokSnqs 0.15 until 286 Keppel FtLS 1.09 -0.01 280
      284 words
    • 729 33 MEFTDME DORADO SAGA S'pore gives owner 3 weeks to rectify defects of vessel detained by US [SINGAPORE] The owner of the Singapore-flagged tanker, Neptune Dorado, detained in San Francisco Bay, has been given three weeks to make good the defects
      PIC: San Francisco Kron-TV  -  729 words
    • 817 33  -  STHAIT TALK By\ David Hughes OVER the past couple of years, there have been nagging worries about whether the whole classification system is effective and also whether it is an appropriate way of ensuring the structural integrity of the world fleet in the
      817 words
    • 409 33 FOLLOWING queries by Shipping Times, classification societies DNV and Lloyd's Register made the following statements: ♦Lloyd's Register: LR is treating this situation seriously and has investigated the case carefully. Of the original deficiencies reported on Sept 24, only two were class-related. Both of these were satisfactorily
      409 words
    • 237 33  -  Byl Ann Toh [SINGAPORE] Philippine port operator International Container Terminal Services Inc (ICTSI) has quashed rumours that it is selling a stake in its foreign port subsidiary, ICTSI International Holdings Corp (IIHC). ICTSI chairman and president Enrique Razon Jr clarified that it
      237 words
    • AIRLINE safety
      • 1114 34 US aviation authorities are in hot soup for being slack in tackling the problem LA Times [WASHINGTON] About 20 top us Federal Aviation Administration (FAA) off i c i a 1 s sequestered themselves in a windowless Holiday Inn conference room three months ago to
        LA Times; FILE PHOTO  -  1,114 words
    • 311 34 PAGE ECO Line 5/6/8 Accord 8 ESP Lines 13 Ahrenkiel M t*en»reen 6 Appenship 5 foongSon 5 AsiaOCL 13 Frt Links 14 Assets 8 uh 7 Austral 7 I** Avant 14 Gemartrans 6 B tang Mas 8 Genshpg O BSA 7 Glory Ma* 14 BTL 14 7
      311 words
    • 24224 40 THEBU SINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyege Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number aBVMMIMHMIiMaMNHHHHHBBaBHMHHI 30/10 23/11 MSCAgy MSC ANIELLO 0043R 65-*****50 To ABIDJAN (ABJ) 2003 Cote D'lvoire 3i/w 20/n Hanjin Punjab sen. oww
      24,224 words
    • SHIPS IN PORT
      • 750 47 Vassal Voy No Barth Arrival Departure Jvm« Nrt tipk) 1208 J8 16/10/23:25 8/8/2140 f«1 4 J05 I7/10/t2S 10/10/6:00 Pr»C*SS m 700 *7 17/10/6:45 19/10/700 S«n#oku *c« 49 J06 17/10/7:15 8/8/240 Wwt* 86S00 J03 17/10/10:15 17/10/2140 494 J17 17/10/845 18/10/600 BayswatKlW M0254 J03 17/10/8J5 17/KJ/lfc00 Royal Frnqh 201 J02
        750 words
      • 2006 47 RECEIVING Of EXPORT FCt CONTAINERS AND LCL CARGO Booklng/Balanc* Rstls Ship Voy No Etb/Btr Porlod From To From ACHKVM JK nmt00 2* N/17M 17/0*5* IT/WOO a N/I7M 17/0(99 17/0*00 n/0700 rwm it/moo 4 17/12M 17/MS* 17/T700 *a HMBCUS 0449 17/2100 2A N/1700 17AM* IT/MM 21 It/1700 17/0*5* 17/0*00
        2,006 words
      • 479 47 Carbon 180 Max 991.2 0.6 6.4 0.09 59 0.05 Oct 12 Density Water Residue As* Ahiw.ntum Sedhwt Ho above E25 1 0 1 0 0 0 JTT* 380 Ave 965.5 0J UJ 0.06 26 0.02 txxm 380 Mm 993.1 0J 18.2 0.09 57 0.04 wwi »m/»
        479 words
      • 120 47 Oct 23 Thailand: King Chulaiongkorn Day. Ootas Brunei: Israk Mikraj. Indonesia: Ascension Day of Prophet Muhammad. Ootat Malaysia: Deepavali. Not 1 Philippines: All Saint's Day. Nov 3 Japan: Culture Day. Nor 4 Sweden: All Saint's Day. Nov 11 Canada: Remembrance Day. USA: Veteran's Day. Nor 23 Japan: Labour
        120 words
      • 789 47 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        789 words
    • AIR & LAND transport
      • 498 48 Passenger traffic in region to grow at 6.1%, higher than world average of 4.9%: Airbus AFP [HONGKONG] Asia-Pacific airlines look set to lead world demand for new jumbo sized aircraft in the next 20 years amid growing passenger traffic in
        AFP  -  498 words
      • 348 48 Bloomberg [HOUSTON] Continental Airlines said third-quarter profit rose 32 per cent as the fifthlargest US carrier's average fares rose and passenger traffic increased faster than capacity expanded. Profit from operations climbed to US$l37 million (*****.75 million), or U552.24 a share, from net income of
        Bloomberg  -  348 words
      • 223 48 Bloomberg [TOKYO] All Nippon Airways Co, Japan's largest domestic carrier, said it will extend end-of-year discounts to more domestic routes to meet growing competition from rail operators and discount airlines. ANA will offer discounts on 160 flights over the New Year period from
        Bloomberg  -  223 words
      • 293 48 AFP [CANBERRA] US aerospace giant Boeing is to take over the long established Australian aviation firm Hawker de Havilland for an undisclosed price, the two companies announced yesterday. The deal, which marks the latest step in Boeing's expansion in Australia, gives it increased
        AFP  -  293 words
      • 162 48 Bloomberg [TOKYO] Japan's three major airlines have asked the transport ministry to approve expansion of Tokyo's Haneda Airport, the country's busiest airport, to keep pace with the surge in demand for domestic air travel. The presidents of Japan Airlines Co, Asia's largest airline by sales. All
        Bloomberg  -  162 words
      • LOGBook
        • 123 48 Reuters [HONGKONG] Hongkong's principal international carrier Cathay Pacific Airways said yesterday it would invest over HK|2 billion {*****.2 million) in a range of e-commerce projects over the next three years to cut costs. The company said in a statement that the investment would fund
          Reuters  -  123 words
        • 107 48 AFX-Asia (JAKARTA] PT Garuda Indonesia said it expects to be privatised in 2003 following its restructuring and re-organisation. "Preparation for privatisation is underway. HopeftUly it will be realised in 2003," the company's executive vice-president Emirsyah Satar said during a presentation of a new information system.
          AFX-Asia  -  107 words
        • 103 48 Reuters [SHANGHAI] China's Hainan Airlines has signed a US$29O million (*****.5 million) deal with Boeing Co to purchase five 737-800 airplanes, Xinhua reported yesterday. The report from Washington said the two companies signed the deal on Monday. It said the contract was signed by
          Reuters  -  103 words
      • 1845 48 on wait o« futw n» «w« m *M«W( **8230 IMO Ortyd ***** 848 TQ4B0 IMP "5SS SIS jz 25 im 205 OF 31% WS tmUrtrn ****** 0435 (***** 2255 jSi »nm mm $023 0645 ****** 2325 JW»W 6*979 1035 $0328 2325 C*r WA0741 1310 rVS0742 0905
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  • Page 33 Advertisements
    • 195 33 Airline sareiy: Waking up to pilot fatigue Pg2 ■Asia-Pec airlines to lead demand far aew large aircraft Pg2 I A Special Feature in Shipping Times g 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
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  • Page 34 Advertisements
    • 1151 34 I NORTH AMERICA, 1 I EXPORT I I OTHER DESTINATIONS "I SBX SUPER SHUTTLE EXPRESS-PWCCT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) 1 ttssa vw taaw hosm umgkaoi dauas houswm oocaco mnm ■cocoon vksh vqt I* SI piowim! kajbtu ww| |n\ g f 00C1MIIAM 17M1 11/10 10/10
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    • 704 34 Lines services represented by (SMS%V> Members of the Registry of ccrßt^ Shipping Agents, Singapore Shipping Association g ULY UNE MALE I vessel Tvoy Titt m in P. KLANG SPORE MALI Empress Lily VOBOO 30/10 31/10 08/11 Princess Lily VOBOO 13/11 14/11 21/11 Empress Lily VO9OO 23/12 24/12 31/12 I .J
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    • 6 34 Members of the Singapore Logistics Association
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  • Page 35 Advertisements
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  • Page 36 Advertisements
    • 1577 36 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA Vtsstl VOY aw LB) HTM AMI HAM IHV FU XlSgi VOT MM G(T Sff FOS W.C WTW HANJIN PORTLAND 0039W 17 11 CS.II 0411 Nil 1711 Mil Mil AMERICA SENATOR 007W li lt Mil 17 11 Mil 1111 1111 HAUMN SAVANNAH 008SW Mil
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    • 1011 36 til MAC-NELS S PORE M'SIA rTTTTS Cirrtar MM Cbniii LINES, MC p. guoang (0r)*****26 I-IW J CM MO. HI ***** HUB 8IBU: (084) *****9 MANILA: (632) *****24 PEMANO: (04) *****36 BANGKOK: (882) *****57 SURABAYA (31) *****11 P- KELANQ: (03) *****77 JKT (21)*****46 KUCHB4G (082) *****1-3 BANGKOK SURABAYA MV "XETHA BHUM"
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    • 729 36 EXPRESS CONTAINER FEEDER FOR N SHEVA (CPS MULUND MUMMICOLOMBO ALSO ACCEPTING TO ALL NORTHERN AND WESTERN 1.C.0. POINTS VMMI S PORE N SHEVA COLOMBO P KLANG TULSIOAS V 132 22 OCT 31 OCT 04 NOV 11 NOV CAPE CREUS V 11«W 2* OCT 17 NOV 11 NOV 17 NOV CAPE
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    • 1754 37 ivissa. VOY KHM HKO I SIN I P4CL I DXR RAO DMM UK IRAN TABATABAEI PCL-177 17/10 10/10 21/10 22/10 31/10 01/11 03/11 05/11 IRANKERMAN PCL-178 24/10 25/10 23/10 29/10 05/11 06/11 03/11 10/11 IRAN ISFAHAN PCL-179 31/10 01/11 04/11 05/11 12/11 13/11 15/11 17/11 IRAN BAAKERI PCL-180 07/11 03/11
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    • 1217 37 1M YAMUU K¥IRY SMMY (T/Tll2 MVS) YANTIAN CVKKY MONDAY (T/T 4 DAYS) II GENERAL AGENTS IN SINGAPORE: 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (B/l) *****02 JOHORE OFFICE: COSTAR SHIPPING PTI LTD *12-00 SAUS/BKGS *****57/43 INWARD DCPT (d/ 0) *****66 COSTAR AGENCIES (M) SDN DHD CI WO: **********00
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  • Page 38 Advertisements
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    • 365 38 AMMAN NRIiAN MI/MMN SUB COMIMNT SMVKI ■XMHRT VESSEL VOYAGE SGP CJU OUR MA AM DMN RAN KM NIV 7HUANGHE OISRW 20/10- 31/10 02/11 UN ARDENT 0435-024W 23/10 27/10 01/11 02/11 03/11 UN POPUIAROI47-001W 24/10 2R/10 03/11 04/11 TUNE 0140# 27/10 07/11 01/11 UNANPIE 0434-032W 30/10 03/11 01/11 of/1l 10/11 UN
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    • 403 38 r PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. C 8 NO: **********0E 1 VOT w(? pw m srp m m .wa^mwH 13 oc; M/it 7 —H7TC —i7n —Mn —Wnr- tUtI I li/'l I m W WIO MSH ITT »l TW M W6~ m
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    • 856 39 WALLENIUS WILHELAASEN TO NORTH AND LATIN AMERICA *OW RORO HIAVYUFT SERVKE' I VESSEL VOT RAMP HEIGHT SIN LBC MAO MIA SAV Ml ORE NYC NEW MOT~| TOURCOING AHO2I 400Tns 6.3 M 26/10 26/11 04/12 07/12 09/12 11/12 12/12 14/12 11/12 19/12 TAPtOLA AHO22 400T«s 6.3* 12/11 10/12 lt/12 21/12 23/12
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  • Page 40 Advertisements
    • 796 40 Jtosa VOT AM MK MTF LtM VISSa VQT SM JKT PJW MIIAMUM MB 21/10 25/10 74/10 till IHUM 177 a "10/10 JBUlifflflL JsBL__2Zlfi UM ML. 5 B#B ££S mo mo 2UII Soir HIM lion 24/10 a/10 MTftHUM ife -\iAl ~mi AJUNMUT* lffl 25/10 21/10 27/10 |A*A IHUM 4 lIS 25/10
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  • Page 43 Advertisements
    • 88 43 SINGAPORE PTE LTD W 15 McCallum Street M3-OIA>2 Natwest Centre Singapore *****5 LP Fat (65| *****66 Email generai®eaisin eculine net Website httpywww eculine net W New Econ Line EAST MALAYSIA 2 x Fixed Day Sailings per Week between Kuching/Kota Kinabalu/Muara/Sibu S pore Bangkok, Laem Chabang Tawau/Bintulu/Labuan/Sandakan See Page 13 Call:
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  • Page 44 Advertisements
    • 56 44 IP§l jfi&man, LINES «I D I mi MOtl I NiW VJi VOY_ _PAI ia_ PHU WL MM PAHI PAD CfTY (XI HOP *00 Wfff GBEEN ISLAND 37 Bfl 25/10 19/10 29/10 23/10 24/10 23/10 I 21/10 I 24/111 21/11 05/12 04/12 00/12 gf 00/11 30/10 13/11 12/11 00/11 04/11 j
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    • 53 44 ®l (iiiAifAi MK U M MITROPORT SNIPPING SDN. BHD. I >IHORO WIKIHANI if M>*****M Mikw I MARINE CO., LTD. MMJ-W5hT«/7JM/6;M F.«:*****wJ6J E-m* M tm Ostt P ia M aT F*pnD T PARWIDE SNIPPING AGENCIES PTE LTD M 221-M22 (S Urn) Fax: 7J4-ISI4 (T: CHOYAMG PEL fOKT KLAW6 USN: ULSAM PUS;
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    • 49 44 SHIPPING •WAREHOUSING Baton: Singapore Loading Daily Man to Sa (BATAMINDO 1/IDi Accepting Kl>Canm*>anal/Prajerl/Hea\} Lift Cargo Reefer Coreamer ■krtM: Singapore leading Man. Wed &Fn (BATAMINDO II) Accepting K"lX\rTvmD<*«yPnijecl Heav> Lift Cargo T«fe 227 0322 Fu: 222 9330 MMA SWppfcg Waratwntag Pt« Ltd 7* Ufi ■—4 fwfm Umfimi W-it T1 WW
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  • Page 45 Advertisements
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    • 45 45 REGULAR SM6APORE VIETNAM SERVICE vissus vor n» im mstmation KM THANH 6/2000 IM FT 19/10 IONGTHANH/HCJK/VUMGTAU ANGUHGS 5/2000 20/10 23/10 OUMHON HOANG OKU 1/2000 20/10 21/10 VUNTAU/HCMC AGENTS: IMKOV SHIPPING CO PTE LTD M OUXTOM MU HMAPOK 08M17 m: zmm fax: 2mm w m. mw
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    • 862 45 SIN TO SRI LANKA/ INDIA, CANADA, US/EC/GULF, MEXICO I r»6 I MM 1 «T I SU» 1 KW I PPG 1 OM >0» HAI WTI 1 Otf I SAV I mw I TMI I HOU IHOKHPUH/OSSI U/10 23/10 24/10 20/10 07/11 02/11 14/11 17/11 12/12 U/12 17/11 20/12 24/12 29/12
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    • 739 45 NfiSl EN€ LEI SHIPPING CO miJD I I IcCa MsiiiiniiiUMd Fti: simu/siuut I T a fci miHinm I VKSfL VOT SM FEA SM TO DESTINATION Umon Stt 11/00 H/10 19/10 StMfcop Sua (md 10/00 20/10 21/10 Dww Bant.' Pwownj UnwiS»32 12/00 20/10 21/10 JAm Un»Sa3B 11/00 20/10 21/10 Knto UwnSldlß
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  • Page 46 Advertisements
    • 674 46 I VESSEL VOY SIN MAASIP^| TIGER RHYTHM 843N 21-22/10 26-2»10 03-04/11 I TIGER BRIDGE 844N 24 25/10 30-02/11 07-06/11 I TIGER METRO 845N 27-28/10 02-0&-11 10-11/11 I TIGER STAR 846N 31-01/11 o*o9/11 14-15/11 I TIGER RHYTHM 847N 03-04/11 09-12/11 17-18/11 I TIGER BRIDGE 848N 07-06Y11 13-16/11 21-22/11 1 Ivesse^^^VO^^SlF^^CA^^Sl^^l GUNAY
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    • 960 46 > jß^ k FREIGHT LINKS EXPRESS PTE LTD 51 Pmjuru Rood, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: Resin#singnet.com.sg WEBSITE: www.freightlinks.net DIRECT LCL SERVICE TO: SIBU MV. GISENG V ***** ETA SIN: 20/10/2000 XINGANG MV. HANJIN KEELUNG VO76E ETA SIN: 21/10/2000 NEW DELHI MV.
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    • 1038 46 for booking t enquiry cat *****80 |Oy Wtbsitt: http://www.Md.cMi V^T wu/amtmk l p>frt lb o« m *n hou !aed mu nyc hou cm ia sv oociwttMJ7H? *n m/ii oi/ii w/ii oi/n ot/11 I oogmm4**3l jt/w v/m ti/w ti/w M/io n/io 000 UHtKA 47H3 75/10 10/11 IS/11 14/11 iyi| 15/11 OOQ
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    • 77 46 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYA VICTORY 17/10 BANGKOK/PONTIANAK TBN 18/10 20/10 PALEMBANG/PONTIANAICMEDAN PANGKAI BAIAM (EAST TIMOR) REGULAR SERVICE- EX VANGON JUBILANT IN PT 20/10 VISAK/CALCUTTA/YANGON CHAHAYASTAR IN PT 18/10 VISAK/CALCUTTAWNGON REGULAR DIRECT CONTAINER BREAKBULK SERVICE TO PORT LOUIS 4 DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR
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  • Page 47 Miscellaneous
    • 136 47 flgl FOR 7 AM 18 OCT 2000 10 11 )fe 12 LEGEND: Issued by Meteorological Service Singapore Ri Thunderstorm A Showers Rain Temperature Wind direction and speed in knots Cloudy Day Weather cx] Hazy 11 Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and
      136 words

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    • 183 48 ASIA WESTBOUND RATE AGREEMENT (AWRA) EASTBOUND MANAGEMENT AGREEMENT (EMA) MEDITERRANEAN RATE AGREEMENT (MRA) Arising from the regular review, Member Lines of the Asia Westbound Rate Agreement (AWRA), Eastbound Management Agreement (EMA) and Mediterranean Rate Agreement (MRA) wish to announce that the current level of BAF USD 65 per TEU will
      183 words