The Business Times, 27 October 2000
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2000-10-27
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The Business Times
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Title Section15 2000-10-27 1 _jL j^ji^ MITA (P) 035/12/1999 85C S INGAPORE lniern?t: http://business-times.asial .com.sg/ FRIDAY, OCTOBER 27, 200015 words
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Article57 2000-10-27 1 STOCK MARKET INDICES Thursday Change KLSECOMP doRd NIKKEI 226 U.8&&4J +17* HANG SENG 14JK14 MM SET INDEX !7U» +419 JAKARTA COMP—***** -148 MANILA COUP _1.2»« *74 TAIPEI WP1 &J41J6 -81* SEOULCOMP VtW -l&M CLSA CHINA B —Llllll +1.« AUST ALLOW) -21* 12 NOON EST Cha* BOW 1(1321 JO57 words
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Article75 2000-10-27 1 FOBEX BATES USS SI USS 1.762 £(US$/SS per 1.444 3JS9 El r ROfUSS/S$/E) 0.886 L4» DM 1340 \m YEN l«a» 11.71 RM UN LW HKS 7J0O 4.452 BART 43.68 24» RUP1AH MK-__ WI7 PUKE BATES SINGAPORE* 6.80 KUALA LUMFVR 7.87 JAKARTA BANGKOK iM MANILA _tl.» HONGKONG Mi X/UPS i75 words
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537 2000-10-27 1 Kalpana Rashiwala - -^exclusive But it says this has to be balanced main objective of safeguarding retirement savings By\ Kalpana Rashiwala [SINGAPORE] The Central Provident Fund Board will study the question of using CPF savings for the purchase of older leasehold properties, but says537 words
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Article, Illustration805 2000-10-27 1 Kalpana Rashiwala - i» exclusive Buyers price-sensitive; situation seen lasting for several more months By Kalpana Rashiwala [SINGAPORE] Private home sales have crashed by half in the first three quarters of this year, with primary market sales by developers down 54 per cent and the805 words
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327 2000-10-27 1 Diana Oon Abdullah - Personal tax cot also expected; stocks gain 6% in 2 weeks From] Diana Oon Abdullah in Kuala Lumpur TALK of a possible corporate tax cut to boost corporate earnings and attract more foreign direct investment in the country has contributed327 words
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Page 1 Advertisements
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Advertisement141 2000-10-27 1 DBBPE BT Comment MAS at crossroads; government should take back seat. Pg 4 Top Stories Hold more gold reserves, Asian countries told. Next Page Swissair likely contender for MAS stake: aviation analysts. Pg 4 Nasdaq dives 6%, Nortel to blame. Pg 5 Horizon Green almost sold out in 3 days.141 words
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Advertisement10 2000-10-27 1 HDB sets lower prices for n»w fiats In 04 WMmM10 words
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Advertisement25 2000-10-27 1 *M* S -*4 ***-•< .p-* frh jt cS •-1 Cl I emerges V I -fl* f M&i »*?*>.* of losses in the stock market j EL 1025 words
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Article, Illustration856 2000-10-27 2 Investors sceptical as govt pledges all steps to bolster skidding currency Bloomberg [MANILA] The Philippine peso sank to a record low as the government announced new steps to bolster one of the world's weakest currencies and appealed for public calmBloomberg; REUTERS - 856 words
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ON THE grapevine
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Article122 2000-10-27 2 YOU know something is for the rich and famous when the brochure says: "For discreet inquiries ..And this is the marketing line taken by The World of Residensea, the world's first ocean-going resort. We hear that three-quarters of the 110 apartments on the floating122 words
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Article73 2000-10-27 2 EARLIER this week, The Business Times ran an on-line poll on the Israeli-Palestinian unrest and its effect on oil prices. The question was: Oil prices are rising again because of violence in the Middle East. Here is how they polled: Looks like they will continue73 words
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587 2000-10-27 2 Conrad Raj - f-l a exclusive It says currencies unstable; suggests 15% gold reserves By Conrad Raj [SINGAPORE] Countries like Singapore, Japan, China, Tai wan and South Korea should hold more of their reserves in gold, says the World Gold Council. In its587 words
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520 2000-10-27 2 China Mobile tops list, followed by sole exception Hutchison AP [HONGKONG] Telecommunications and other New Economy industries are creating the most market wealth in Asia, while traditional businesses lag behind, according to a survey of regional companies released yesterday. Telecoms giant ChinaAP - 520 words
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Advertisement23 2000-10-27 2 k jtepSi^v Create a romantic holiday for you and your loved one through The Straits Times Classified. Buy It Sd It Ftad It23 words
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Advertisement9 2000-10-27 2 Top businessmen want Estrada to quit: poll, Pg 149 words
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Advertisement131 2000-10-27 3 www.tagheuer.com IP^^iF WiflffllE „*fesl I i ffnBJHV *-j^^kl Jpfelß TAGHeuer \S?W SWISS MADE SINCE 1860 "V 1 -3S» LINK Automatic Chronograph TAG HEUER SHOWROOM TEL: 235 8477 Also available at ALL WATCHES Tel: 732 7673 733 2823 337 5075 ASIA PACIFIC WATCH Tel: 440 4208 CHEW CHEONG Tel: 787 1703131 words
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SINGAPORE companies
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Article, Illustration491 2000-10-27 4 An analyst says KL government, Naluri and Swissair are supposed to have met the same day Reuters [KUALA LUMPUR] Aviation analysts said on Wednesday Swissair could emerge as the most likely contender for a stake in Malaysian Airline System Bhd (MAS), throwingReuters; FILE PHOTO - 491 words
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687 2000-10-27 4 eddie toh - ISEtMH lock siew eddie toh MALAYSIA Airlines is set to undergo a major transformation, but it is still unclear whether the Malaysian government will loosen its grip on the national asset. Already, the government has raised the foreign equity ownership cap in687 words
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Article, Illustration322 2000-10-27 4 Plan is to setup chain of Chinese medicine clinics Reuters, AP [HONGKONG] Singapore's Eu Yan Sang International Ltd said yesterday that it and Hongkong's Quality HealthCare Asia Ltd had agreed in principle to jointly develop a chain of Chinese medicine clinics inReuters,; AP; FILE PHOTOS - 322 words
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Article101 2000-10-27 4 AFX-Asia [KUALA LUMPUR] Sime Darby Bhd's whollyowned subsidiary Sime Darby Eastern Ltd on Tuesday acquired an additional 215,000 shares in Sime Singapore Ltd via the market. In a statement to the Kuala Lumpur Stock Exchange on the same day, Sime Darby said the acquisitionAFX-Asia - 101 words
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Advertisement27 2000-10-27 4 Jr BJSTRgf jf Rediscover Freshness At Prices That Will Surprise. Now Open at THE ELIZABETH SINGAPORE Call 739 8030 for table reservations 24 Mount Elizabeth, Singapore *****827 words
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TECH stocks
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Article, Illustration815 2000-10-27 5 Scramble to dump Nortel after sales shortfall sets off chain reaction NYT [NEW YORK] Technology stocks plunged on Wednesday, pulling the broader stock market with it. The Nasdaq composite index fell 5.56 per cent, its biggest daily decline since May, while the Dow JonesNYT; REUTERS - 815 words
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Advertisement401 2000-10-27 5 VINTAGE 1945 AUTOMATIC CHRONOGRAPH A manufactory by vocation, GIRARD-PERREGAUX has invested all its expertise in its latest chronograph movement, the automatic GP 3080. It s a column wheel, makes 28'800 vibrations per hour and has <* 38 rubies. With its innovative and robust design, this hand-made movement from the Manufactory's401 words
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SINGAPORE news
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Article, Illustration729 2000-10-27 6 Andrea Tan - I exclusive 1.2-5% fall from Q2's prices dne to softer resale market By* Andrea Tan THE Housing and Development Board has set lower prices for new public flats in the fourth quarter, taking into account softer resale prices. Flats in the729 words
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226 2000-10-27 6 ALMOST nine out of every 10 units of Allgreen Properties' cluster housing project Horizon Green have found buyers in just three days. Sales, which were supposed to start yesterday, were brought forward to Tuesday because there was already a queue at the226 words
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Article, Illustration355 2000-10-27 6 Teh Hooi Ling - P=tt=t on the economy manufacturing By 1 Teh Hooi Ling MANUFACTURING output in September grew 14.4 per cent year-on-year, spurred by the electronics and engineering clusters. But September's number was down from 20.8 per cent growth in August. Overall, manufacturing output grew a cumulative 14.1Source: HDB - 355 words
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Article61 2000-10-27 6 IN our report "7% growth for S'pore next year: ABN-Amro" (BT, Oct 26), the growth forecast for 2000 should be 9.1 per cent, not 8 per cent as reported. The forecast for the Sing dollar, should be $1.67 against the US dollar by end-2001, not $1.6, and61 words
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Article, Illustration669 2000-10-27 9 Kalpana Rashiwala - Demand from New Economy tenants poshes Q3 rates past Raffles Place levels By] Kalpana Rashiwala STRONG demand from New Economy tenants for offices at Suntec City helped push the average office rental in Marina Centre past the level at prime Raffles PlaceFILE PHOTO - 669 words
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Advertisement351 2000-10-27 6 wninu Bwirwi-iytpgrniTii! e b wt. i g «^^Hl^^Bo-IHIm iT/BE Halloween is one of the oldest holidays in the tJB world with origins going back thousands of f L |||j)yK years. Now you can experience and celebrate this festival in Singapore. Sentosa is holding s rs ever e^'^"^een party. Although it351 words
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Advertisement159 2000-10-27 7 BARCLAYS GETS BIGGER Barclays Bank PLC (Singapore Branch) is pleased to announce that it has been granted a Restricted Banking License by the Monetary Authority of Singapore (MAS). This reaffirms our commitment to clients in Singapore, following 27 years as one of the country's leading offshore banks, and reflects the159 words
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MAIL bag
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385 2000-10-27 8 Lee Wai Leong Singapore via Internet - Lee Wai Leong Singapore via Internet I REFER to your article "Will confidence in the market be vindicated?" (BT, Oct 21) and the government's decision to auction 3G communications licences. It is truly amazing to hear Communications and IT Minister Yeo Cheow385 words
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Article213 2000-10-27 8 Saiful MK Singapore via Internet - Saiful MK Singapore via Internet I REFER to your article "SIA cashflow reveals problem of success" (BT. Oct 25). Paul Thompson started well, saying not everyone understands the definition of profit as not everyone is an accountant, yet everyone understands the meaning of having cash213 words
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Article, Illustration359 2000-10-27 8 Harry Won Singapore via Internet - Harry Won Singapore via Internet I REFER to your article "SIA cash flow reveals problem of success" (BT, Oct 25). I fully agree with what Paul Thompson wrote about the importance of cashflow analysis. When companies report their earnings, it is on an "accrual" basis359 words
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Advertisement298 2000-10-27 8 We welcome letters. E-mail us at btletterQ sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390 Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear in298 words
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Advertisement110 2000-10-27 9 V fijto HL 388B$«I W l®*l 7 .*hs&^ SlllOp Jf i ®&F '•*;'jßg' fc 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 assist you at every turn. Our well-appointed rooms, responsive110 words
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Advertisement382 2000-10-27 9 ALFRED DUNHILL Facet Square J I IlgH PARAGON NGEE ANN CiTY SiT4CERE WATCH BOUTiOUES E TODAY Lianhe Zaobao Major shareholders' buying spree in the weak m^ket \\\v BRifrkiSTtt x Jv > jillin Make your dreams come true with the perfect home from The Straits Times Classified. Buy It Sd H.382 words
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EDITORIAL & opinion
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Article, Illustration765 2000-10-27 10 robert samuelson - ■ETTT3 bottom line OPINION robert samuelson THE great irony of the tight presidential election in the US could be that the winner ultimately becomes the loser. Hie campaign has been conducted on the premise of uninterrupted prosperity. Good feeling and huge765 words
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Article91 2000-10-27 10 'Families is where our nation finds hope, where wings take dream.' (forge Bosh Jr US presidential candidate, speaking extemporaneously. 'I sometimes wake up wondering what I am missing. But I keep coming back to the solid fundamentals that got the Dow to 10,000 in the first place.'91 words
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Article545 2000-10-27 10 EDITORIAL THE proposed free-trade agreement (FTA) between Japan and Singapore, over which Prime Minister Goh Chok Tong and his Japanese counterpart Yoshiro Mori clinked glasses in Tokyo last week and which should be concluded by next year, has more content than meets the eye. At first545 words
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Article, Illustration1102 2000-10-27 10 Anthony Rowley - Inflation may be what's needed to lift its economies from the black hole of deflation By Anthony Rowley The writer is BT's Tokyo correspondent TEN years after the collapse of the notorious "asset bubble", Japan's economy has not really recovered from the shock andFILE PHOTO - 1,102 words
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935 2000-10-27 10 Caroline Baum - COMMENTARY Byi Caroline Baum Bloomberg THEY'VE tried to talk it up, wish it up, prop it up. Yet the euro keeps sinking. Europe's 22-month-old common currency set a new low yesterday of 82.30 US cents, which represents a 29 per cent declineBloomberg - 935 words
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e-NEWS
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Article, Illustration442 2000-10-27 11 SEOUL He cites steady demand from makers of PCs and mobile telephones Reuters, AFP CRAIG Barrett, president and CEO of the world's number one chip maker, Intel Corp, said yesterday that he was bullish on the global chip market, due to steady demandReuters,; AFP; XINHUA - 442 words
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eBriefs
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Article80 2000-10-27 11 Reuters {TOKYO] NTT DoCoMo refused to say yesterday whether it was in talks with New Zealand's Telecom Corp over a joint bid for a stake in Australia's Cable Wireless Optus. A report in the Financial Times had said that the two companies were interested inReuters - 80 words
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Article77 2000-10-27 11 Bloomberg [DULLES, Virginia] America Online has introduced an upgraded version of its software. The program, version 6.0, includes a multimedia player that lets consumers listen to music or watch video clips. The software has other improved services, such as allowing instant messenger users to send automaticBloomberg - 77 words
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Article62 2000-10-27 11 Reuters [TOKYO] Sanwa Bank, one of Japan's largest banks, yesterday said it scrapped a plan to set up an Internet bank by year-end due to the huge cost. "Given the expected huge investment to keep on improving the system in the future, we startedReuters - 62 words
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75 2000-10-27 11 AFP [ZURICH] Credit Swiss Group and US giant Microsoft yesterday announced a "strategic pan-European cooperation on the Internet" involving a new personal finance channel being launched in Europe on the Microsoft Network (MSN) Internet portal. A new online investment service by the Swiss bankAFP - 75 words
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72 2000-10-27 11 Reuters [NEW YORK] Mortgage lenders in Europe and the US will double their spending on Internet-related technology over the next five years as more consumers turn to the Web to finance their home purchases, consulting firm Tower Group forecast on Wednesday. US lenders will spendReuters - 72 words
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51 2000-10-27 11 Reuters [REDWOOD CITY, California] Napster said on Wednesday it has designed a special program for Macintosh users who want to connect to Napster's popular-file sharing service for songs. Founder Shawn Fanning said Napster has included a few new features not yet available to other PCReuters - 51 words
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Article56 2000-10-27 11 Bloomberg [NOR WALK, Connecticut] Priceline.com on Wednesday named executive vice president Jeffrey Boyd as chief operating officer. Mr Boyd, 44, will be responsible for the daily operations ofPriceline's travel, telecoms, mortgage, insurance and automotive operations, as well as its business-to-business product line. He will alsoBloomberg - 56 words
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331 2000-10-27 11 TOKYO Reuters JAPAN'S NEC Corp, the world's second-biggest chipmaker, has returned to the black for the first half of its financial year, helped by robust sales of chips on strong global demand for personal computers and cell phones. The companyReuters - 331 words
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512 2000-10-27 11 TOKYO Decline attributed to stronger yen and Play Station 2 costs Reuters ELECTRONICS heavyweight Sony Corp said yesterday its net profit sank 57.4 per cent in the July-September quarter due mainly to the strong yen and costs of rolling out its newReuters - 512 words
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326 2000-10-27 11 LOS ANGELES LATWP IN a major executive shakeup, Sony Pictures Entertainment has restructured its operations giving president and chief operations officer Mel Harris direct authority over running the company's struggling motion picture operations. The move anticipates the retirement of 70-year-old Sony PicturesLATWP - 326 words
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Article, Illustration101 2000-10-27 11 [SAO PAULO] Brazilian Philip Morris executive Moraima Range I checks her e-mail in a taxi cab in downtown Sao Paulo on Wednesday. The first five taxis equipped with Internet-accessing laptops and swathed in Yahoo !'s purple and yellow livery joined other cabsAP - 101 words
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Advertisement26 2000-10-27 11 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 Service26 words
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Advertisement56 2000-10-27 11 SEAIS 2000' ft l.„ South East Asian Investment Series 2000 cowommoN MIMW INVESTMENT OPPORTUNITIES STRATEGIC PARTNERS TRADE OPPORTUNITIES DATE: Thursday, 9th November 2000: 8.45 am 2.45pm (Singapore Venture Capital Association Cocktail Party 5.00pm) VENUE: Pacific Ballroom, The Pan Pacific Hotel 7 Raffles Boulevard, Marina Square, Singapore REGISTRATION: *****.00 (includes refreshments,56 words
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Advertisement69 2000-10-27 11 iwr I Office-Like Warehouse in MacPherson I FREEHOLD Unit size: 1.119 2540 sq ft Strategic location surrounded by amenities and ready workforce Easy access to PIE. CBO Grand lift lobby odorned witti polished granite Separate passenger and cargo lifts Virtuaty column free layout Self-contained with attached toilets for al units69 words
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Advertisement116 2000-10-27 12 Always moving on. atißM' a' if) i Your heart will leap with anticipation the moment you set eyes on it. The sleek curves. The stunning body The long wheelbase that promises greater interior space. Its advanced technology and incredible safety is the shape of the future. Powered by VVT-i technology116 words
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REGIONAL news
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Article, Illustration498 2000-10-27 13 JAKARTA Indonesian defence minister again accuses envoy of interference AFP US AMBASSADOR to Jakarta Robert Gelbard has received death threats, Indonesian Foreign Minister Alwi Shihab said yesterday, as the US embassy closed its gates to the public because of the threats. "He toldAFP - 498 words
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251 2000-10-27 13 Reuters [JAKARTA] The Indonesian rupiah broke through the psychological 9,000 level against the dollar yesterday, sapped by the Philippine peso which skidded to fresh lows on worsening political problems. By 1000 GMT the currency had dipped to 9,019/9,034 against the dollar, a whisker past itsReuters - 251 words
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265 2000-10-27 13 JAKARTA His role is worse than Suharto's in some ways, he adds AP THE speaker of Indonesia's top legislature predicted that President Abdurrahman Wahid s days at the helm of the world's fourth most-popu-lous country are numbered, news reports said yesterday.AP - 265 words
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269 2000-10-27 14 HONGKONG It fails to come to terms with lenders for an extension of loan originally raised by HKT Bloomberg PACIFIC Century CyberWorks Ltd said it will repay a HK53.25 billion (Ss73o million) syndicated loan after failing to come to terms with lenders toBloomberg - 269 words
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364 2000-10-27 14 MANILA Bloomberg THE Philippine government said it will remove the 3 per cent tariff on imported crude oil and petroleum products, in a move to temper oil price increases and prevent public anger about higher transport costs from addingBloomberg - 364 words
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Article, Illustration381 2000-10-27 14 MANILA AFP NEARLY all members of the Philippines' most prestigious business organisation want embattled President Joseph Estrada to resign in order to save the economy, a poll showed yesterday as the local currency hit new record lows. The Makati Business Club (MBC) saidAFP - 381 words
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347 2000-10-27 14 Harish Mehta - Income distribution generally worsened during the economic crisis From] Harish Mehta in Bangkok THAILAND'S income distribution is one of the most unequal in East Asia with the poorest 20 per cent earning less than 4 per cent of national347 words
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Article, Illustration581 2000-10-27 14 Harish Mehta - It cites slowdown in domestic demand and high inventory for downward revision Froml Harish Mehta in Bangkok AS Thailand feels the chill winds of higher oil prices and slowing private consumption, the Bank of Thailand announced yesterday that it was paringAP - 581 words
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275 2000-10-27 14 Reuters [BANGKOK] Thai Prime Minister Chuan Leekpai conceded yesterday his ruling Democrat Party may not come out on top in looming general elections, blaming rampant vote-buy-ing by other parties. Mr Chuan, trailing in polls behind populist telecoms tycoon ThaksinReuters - 275 words
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179 2000-10-27 14 BANGKOK AFP THAILAND'S postal service has been badly hit by the switch from "snail mail" to the Internet, forcing it to lay off thousands of staff as the number of items posted plummets, a report said yesterday. A Communications Authority of ThailandAFP - 179 words
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246 2000-10-27 14 HAINAN Bloomberg HAINAN International Trust Investment Corp (Hitic), which defaulted on yen bonds held mainly by Japanese investors, will probably be liquidated, a provincial government official said. The investment arm of China's Hainan provincial government, "will be liquidated," said Wu Xiandao, a Hainan provincialBloomberg - 246 words
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Article, Illustration455 2000-10-27 15 EU-HK nap Europe report will not affect territory's good image, he says AFP [HONGKONG] Hongkong Chief Executive Tung Cheehwa yesterday played down a European Parliament report that claimed the territory does not provide a level playing field for overseas businesses.AFP; FILE PHOTO - 455 words
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203 2000-10-27 15 HONGKONG AFX Asia A EUROPEAN Parliamentary report which suggests that Hongkong's economy is unduly influenced by the power of Li Ka-shing and his family is biased, Edon Woon, director of the Hong Kong General Chamber of Commerce, said. "I don't agree withAFX Asia - 203 words
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575 2000-10-27 15 Reuters [BEIJING] China Everbright Bank said yesterday it would boost its share capital by 43 per cent as Beijing prepares the financial sector for more competition after entry to the World Trade Organization. "This will let Everbright Bank proceed from a superior foundation toReuters - 575 words
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553 2000-10-27 16 TAIPEI Its showing will also set note for bigger overseas offering at year-end Reuters THE stock market debut of Taiwan's Chunghwa Telecom today will be a test of confidence in the state giant, which has suffered back-to-back blows after launching its privatisationReuters - 553 words
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Article, Illustration522 2000-10-27 16 TAIPEI Its 130 design houses expected to reap USs2.6b revenues AP HELPED by its booming computer and semiconductor industries, Taiwan's chip design business is expected to grow 84 per cent this year, firming its position as the world's second largest, a researchAP; AFP - 522 words
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Article, Illustration323 2000-10-27 16 Bloomberg [BOMBAY] Things have never been the same since open outcry ended on the Bombay Stock Exchange, say the old-timers. Still, Hughes Tele.com (India) Ltd is proof that tradition hasn't died out entirely. The company, 49 per cent owned by Hughes Network Systems ofBloomberg; AP - 323 words
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307 2000-10-27 16 ISLAMABAD AP PAKISTAN'S army government reached its first big settlement with disgruntled private and semi-private power producers on Wednesday, Finance Minister Shaukat Aziz said. The agreement with Kot Addu Power Company (Kapco) 36 per cent owned by the British-based International Power and 64AP - 307 words
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338 2000-10-27 16 TAIPEI Firm sells its own brand PCs there, instead of manufacturing on contract Reuters ACER Inc, Taiwan's largest computer maker, said yesterday it was considering building a second manufacturing plant in mainland China but denied reports that it hadReuters - 338 words
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133 2000-10-27 16 TAIPEI Bloomberg QUANTA Computer, Taiwan's largest notebook maker, said it plans to build a notebook computer components plant in China for US$26 million (5545.5 million). The initial investment will be for a factory structure and some equipment to make the notebook computer partsBloomberg - 133 words
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Advertisement162 2000-10-27 13 The stress we face is not funny. But you still have to make everything sound funny. Joe The Flying Dutchman Radio Personalities fin i M g,.Mßjp' k &L 'A T :<gK»fc /9F JEW w #«J n ««fc Joe and the Flying Dutchman seriously believe in the efficacy of BRAND'S Iron162 words
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Advertisement100 2000-10-27 15 China curbs Li's control of ports, Shipping Times Pg 1 jIIHHI ~r" U |B|Tto J™ SB MBIr |H m'l jrf fcj al^jtf^.ittWHllßßiMfc—jib =nag^^^^^B=^^^Tr ====ig 4SfB r H#V&**< T« v S -4 *6**^ p fi hp§ I p- js^U^, fc JU| iL ANY SHAPE AND SIZE TO EUROPE. With our new100 words
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Advertisement44 2000-10-27 16 ']Pw£K2 'yi^> w Singapore Chinese Chambers of jftir; Commerce and Industry W N0.47 Hill Street lJ$Mf 26th to 29th Oct (Thurs-Sun) B ioam to 6.30 pm i ArtwrtConUcU *****019 GohKKengYewis a famous kxalartot who specialises in painting and scu^turnofthelotus, Oinese cattgraphy and Buddhist art.44 words
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Advertisement686 2000-10-27 17 X j '4:' The power to help our clients go far in the Far East. f|' v■ s<;i;' ;1 ,V > AdityaVikram Global Trading Arab-Malaysian Merchant Bank Asahi Glass Co., Ltd. Asia Container Terminals Limited The Bank of East Asia Limited Bangchak Petroleum House Limited Public Co., Limited GO JiBC686 words
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Advertisement803 2000-10-27 18 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 J Two complete adhesive tape coating lines (1994), complete mixing vessel plant, complete R&D laboratory, rubber buffing guillotine system, converter, rewinder, material handling trucks, complete warehouse racking, air conditioners (20 nos), office furniture equipment, computers, lorry, passenger bus, mobile803 words
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Advertisement907 2000-10-27 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASIAPAC COMPUTERS (SINGAPORE) PTE LTD (In Member*' Voluntary Liquidation* NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 8-10 rue Jeanmonnet, 1-2180. Kirchberg. Luxembourg on907 words
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Advertisement1449 2000-10-27 18 SEATOWN CORPORATION LTD (JUDICIAL MANAGERS APPOINTED) (tormerty known as "PACIFIC CAN INVESTMENT HOLDINGS LTD") $20,661,086 2.5* UNSECURED LOAN STOCK DUE 1999 ("Loan Stock 1999") CLOSURE OF REGISTER OF LOAN STOTICHOI DFRS Pursuant 10 the terms of the Loan Stock 1999 issued by Pacific Can Investment Holdings Ltd (now known as1,449 words
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Advertisement825 2000-10-27 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF CVI ELECTRONICS PTE LTD (Incorporated in Singapore) (In Voluntary Liquidation) At an Extraordinary General Meeting of the member* of CVI Electronics Pie Ltd duly convened and held at 300 Beach Road *02-01 The Concourse. Singapore *****5825 words
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Advertisement1581 2000-10-27 18 HOTICI OF INTIMPIP PIVIPIMP Noma ol Compony LE SALON ORIENT (SINGAPORE) PTE ITO (In Creditors' Voluntary Liquidation) Address of registered office 95 South Bridge Road #07-08 Pidemco Centre Singapore *****7 Last day for receiving proofs 11 November 2000 Name of Liquidators CHEE YOH CHUANG AND LIM LEE MENG Address of1,581 words
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Advertisement708 2000-10-27 18 IN »t 'Jf THE COMPANIES ACT (CHAPTER SO) AND M THE MATTER OF SINGAPORE WOOD INDUSTRIES (PRIVATE) LIMITED (Incorporated in the Republic ol Singapore) Af an ExtraonJnaiy General Mertng of tw members of Sngapore Wood industries (Pnvate) Limited duty convened and held at 151 CNn Sme Road #02-33 Manhattan House708 words
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Advertisement545 2000-10-27 18 IN THE MATTER OF THE COMPANIES ACT CAPSO AND IN THE MATTER OF SING KIAT PTE LTD (IN MEMBERS VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50 thai the FINAL MEETING of the members of the Company545 words
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WORLD news
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Article, Illustration636 2000-10-27 19 NEW YORK Revamp reflects telcos' shift towards wooing big businesses: analysts LATWP NYT, A COMPLEX plan by phone and cable TV giant AT&T Corp to break itself into four separately traded companies, including a residential long-distance stock, failed to impress Wall Street onLATWP; NYT, - 636 words
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Article, Illustration640 2000-10-27 19 PEOPLE Reuters [NEW YORK] C Michael Armstrong likes to tell the story that his granddaughter prayed when he left California three years ago to take the helm at the telephone and cable giant AT&T Corp. "Well God, I guess this is goodbye. We're movingReuters; REUTERS - 640 words
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Article559 2000-10-27 19 LONDON Former monopoly is bloated and bogged down in debt as investors damp the stock AFP THESE are troubled times at British Telecom (BT). Flagship of the Thatcher-era privatisation, darling of investors through last year's telecoms boom, the former state-owned monopoly now finds itselfAFP - 559 words
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262 2000-10-27 19 Bloomberg [NEW YORK] Goldman Sachs Group Inc, Credit Suisse First Boston and other bankers, lawyers and accountants earned more than US$6OO million (Ssl.l billion) advising AT&T Corp on purchases the past three years that made it the No 1 cableTV company in the US.Bloomberg - 262 words
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Article, Illustration498 2000-10-27 20 LONDON Markets doubt authorities will stand behind euro Reuters THE euro fell to record lows against the dollar for a second consecutive day yesterday amid dwindling expectations of imminent action by the world's monetary authorities to support the single currency. While top industrialised andReuters; AFP - 498 words
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Article, Illustration565 2000-10-27 20 WASHINGTON They say voting for Green Party candidate helps Bosh AP SUDDENLY, Ralph Nader is no longer being ignored. The Green Party candidate's meager 5 per cent in US polls is now viewed as a major threat to Vice-President A 1 Gore inAP - 565 words
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333 2000-10-27 20 WASHINGTON AFP, Bloomberg THE International Monetary Fund (IMF) on Wednesday hailed a vote by the US Congress allocating US$435 million (5J762 million) in debt relief for poor countries as part of a US$l4.9 billion foreign aid bill. The measure alsoAFP,; Bloomberg - 333 words
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629 2000-10-27 21 LONDON UN sanctions committee split on Baghdad's demand for payments in euros instead of dollars Reuters OIL prices bounded higher yesterday as fears mounted that maverick producer Iraq might suspend exports next week because of a row over the denomination of paymentsReuters - 629 words
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Article, Illustration334 2000-10-27 21 D Ravi Kanth - Agenda for next round of world trade liberalisation talks to be discussed Froml D Ravi Kanth m Geneva HONGKONG has been approached to convene a crucial conference of the World Trade Organization early next year, according to trade diplomats, although most334 words
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Article, Illustration45 2000-10-27 21 [STRASBOURG] Members of the Green Party yesterday opened umbrellas inside the benches of the European Parliament in Strasbourg, eastern France, to raise awareness on the necessity to take drastic measures against climatic change before the La Haye summit next month. AFPAFP - 45 words
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482 2000-10-27 21 BOCA RATON, Florida Fed rate hikes, oil price rises starting to have an impact Reuters BUSINESS leaders believe that economic growth in the United States and around the globe is likely to slow next year, according to a survey released by a groupReuters - 482 words
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337 2000-10-27 21 FRANKFURT AP CAR maker DaimlerChrysler AG fell just short of expectations with third-quarter earnings yesterday that were hammered hard by losses at its US-based Chrysler division, which is juggling tougher competition with the costs of launching a new fleet of vehicles. The German-USAP - 337 words
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239 2000-10-27 21 TOKYO Reuters TOKYO police raided a Japanese company yesterday after arresting its former president on suspicion of kidnapping a colleague to try to stop him from starting a business in the US. Police believe that Masafumi Okanda, a former president of LiquidReuters - 239 words
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WORLDWatch
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Article103 2000-10-27 21 Reuters [NEW YORK] Franklin Reeources Inc. which manages the Ftanklin and Templaton fends, Mid an Wednesday that it would buy investment Ann Fiduciary Trust Co Tntwryrti™**! •*»»< iTnffi iiimk m (Stl.4 billion) in stock, increaainc its aaeets under management by more than a fifth. FranklinReuters - 103 words
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103 2000-10-27 21 Bloomberg [TOKYO] Sumitomo Chemical Co snd Mitsui Chemicals Incmsymergstoibrm Japan's laigsit chemicals maker, the newspaper said, without citing sources, whik both companies denied the report Last year, the two companies said they would combine their resins liiiiliwieees sml li mufti Hum tn )otntvrrrmmtn nrt costs.Bloomberg - 103 words
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Article87 2000-10-27 21 Bloomberg [ZURICH] ÜBS AG. Europe's third-largest bank, said third-quarter profit rose 73 per oent, as gains at in vestment-banking unit ÜBS Warburg more than doubled. Net income roee to 106 billion Swiss francs (Ss2 billion) from L 2 billion in the third quarter of lfl»,Bloomberg - 87 words
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84 2000-10-27 21 Reuters [WASHINGTON] The European Union, Japan and Canada warned US President Bill Clinton on Wednesday that he risked sparking a new trade fight by signing hgishflan giving American steel makers and other companies the proceeds of duties imposed on their foreign competitors. InReuters - 84 words
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98 2000-10-27 21 Bloomberg [WASHINGTON] The World Bank is halting its decade-old practice of encouraging borrowing governments to charge the poor for school and health services, acknowledging that those fees deprive many people of basic needs, an official said. The move comes as the bankBloomberg - 98 words
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Page 19 Advertisements
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Advertisement1058 2000-10-27 19 THE ASAHI BANK, LTD. INCORPORATED IN JAPAN NONCONSOUDATED BALANCE SHEETS NONCONSOLIDATED STATEMENTS 31st March, 2000 and 1999 OF OPERATIONS 31st March, 2000 and 1999 Millions of yen 2000 T999T Millions of yen Assets 2000 1999 Cash and due from banks Y -1,181,358 V 815,198 Income Call loans 151,515 104,750 Interest1,058 words
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Page 20 Advertisements
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Advertisement58 2000-10-27 20 H iSglifc' ■f a face veteran Asian business news journalist. She formerly anchored BIZASIA weeknight newscast. was also involved in CNBC's the historic handover llllllllllillllllllllllllllllllllll^^ i i **W v' i >v aaiBaaBH i MaHHaHHHB^HH |BaBHHHHH _—lA—gpr^B—ll^^ mISSIVIx) c m I \the future of communication www.2bsure.com austratia china hong kong indonesia58 words
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STOCKS east asia
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Article, Illustration2839 2000-10-27 22 HONGKONG AFP PHangScng -64JM) HONGKONG share prices fell 0.4 per cent yesterday led by profit-taking in HSBC and selective selling in telecommunication stocks following a substantial fall on Nasdaq overnight, dealers said. The key Hang Seng Index closed down 64.90 points atAFP - 2,839 words
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Article, Illustration983 2000-10-27 22 Reuters P Shenzhen B Index -3.22 CHINA'S B shares closed mixed yesterday as the Shanghai B share index rose more than 2 per cent and Shenzhen's dropped, but brokers said some foreign funds were seen buying in Shanghai. The Shanghai index ended up 2.20 per cent at 69.18 withReuters - 983 words
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Article360 2000-10-27 22 AFP PWFMn -BU3 TAIWAN share prices ended a five-session rising streak yesterday with a 1.4 per cent fall following sharp losses in US high-tech stocks on Wall Street, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 81.93 points to 5,941.85 after the 5.6-per cent fall of theAFP - 360 words
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1931 2000-10-27 22 TOKYO AFP Qlfitei&S +17Jl SHARE prices in Tokyo staged a late rebound from a 20-month intraday low to close 0.1 per cent higher yesterday as investors reassessed the impact of overnight Calls on the Nasdaq, brokers said. The Tokyo Stock Exchange's Nikkei--225 average gainedAFP - 1,931 words
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Page 22 Advertisements
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Advertisement17 2000-10-27 22 ■Hlk*. SBk A master of cooking. Or one who just knows his carats. PvWl i\H JL^M 4.Pi|iji-17 words
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REGIONAL STOCKS & commodities
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Article, Illustration749 2000-10-27 23 AFP n SET Into THAI share prices rose 1.6 per cent yesterday on the back of speculative buying in finance issues, which spurred interest in other sectors, dealers said. The Stock Exchange of Thailand (SET) Composite Index gained 4.29 points to close at 275.39, and the SET 50 indexAFP - 749 words
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Article274 2000-10-27 23 AFP Q Composite Index -0.74 PHILIPPINE share prices ended slightly lower yesterday with the Composite Index down 0.74 points to close at 1,293.63. Volume rose to 363.43 million shares valued at 534.49 million pesos from Wednesday's 224.19 million shares worth 614.50 million pesos.—AFP Oct 2t Hm gg MRC AlliedAFP - 274 words
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Article, Illustration618 2000-10-27 23 AFP n Composite Index -4.48 INDONESIAN share prices closed one per cent lower in thin trade yesterday, under pressure from the weaker rupiah and domestic political concerns, dealers said. A dealer with Ramayana Artha Perkasa said the market was extremely quiet. "There were no fresh incentives for trading," sheAFP - 618 words
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Article209 2000-10-27 23 Lau Chee Keong Refco Singapore - MSCI Taiwan Index Lau Chee Keong Refco Singapore THE Taiwan stock market yesterday fell, snapping a five-day rally, on profit-taking and lower US markets overnight. The uncertainty of the earnings outlook for technology stocks and political instability depressed market sentiment. Nasdaq fell for the third day209 words
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Article264 2000-10-27 23 AFP PHBE-M -1031 NEW Zealand shares closed down 0.5 per cent yesterday led by Fletcher Challenge Energy and market heavyweight Telecom Corp, dealers said. The NZSE-40 Capital Index closed down 10.39 points at 1,962.24 on turnover of NZ$92 million.—AFP *m a rmm Advantaga HDS 1.75 -OH 59 Air NZAFP - 264 words
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Article540 2000-10-27 23 AFP nADOrt™* jU AUSTRALIAN share prices fell 0.7 per cent yesterday, pushed down by market leaders News Corp and Telstra, brokers said. The All Ordinaries index slipped 22.9 points to 3,190.3 while the SP/ASX 200 finished 24.6 points lower at 3,239.7. Turnover totalled 493.5 million shares worth A 11.38AFP - 540 words
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Article273 2000-10-27 23 AFP Q Composite liifax -18 tf SOUTH Korean shares fell 3.4 per cent yesterday with the index down 18.66 at 523.67. Volume stood at 211 million worth 1.5 trillion won. —AFP OttM *1 *fA nam Saml 5450 -2B0 Brain Tech 430 0 Cantral Bank (70 0 CfMComm ***** MOOAFP - 273 words
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Article1463 2000-10-27 23 BIOOM POTORBS Oct 25 IHKI(MmdMh»«<tSJg|a) ISSICONTtACTtScMto/kf) dnt VMM OpM MmO lm Sott CIimii) Itore* Nov 00 1)4.00 Dk 00 I&00 Jan 01 116.00 SB FrtOI 1T7.50 95 ISS 3 COVTKACT (US cntsAoJ Mm OpM M—Hl M|fc low WM Own) Nrtorut Nov 00 6425 400 Doc 00 6550 65.50 6525 1001,463 words
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Page 23 Advertisements
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Advertisement23 2000-10-27 23 Drive home your message to over 460,000 readers for as little as $26. Hflfl /7r» it r#r Call 1800-737-1166 for fast results. Wmm&wCKMS23 words
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Page 24 Advertisements
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Advertisement38 2000-10-27 24 HHni r^ajcn Bang Olufsen than to the has made us To share history we would our world not only reveals the story the the future by Bang Olufsen products which we a more to offer BANG OLUFSEN UU38 words
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EXECUTIVELifestyle
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Article, Illustration2227 2000-10-27 25 PARVATHI NAYAR - COVER STORY He historically-rich Fullerton Building the former General Post Office will open its doors again eftine December 8 as The Fullerton hotel talks to its PARVATHI NAYAR SIGNS in the site management office count down days to moving into the neoclassical building where,SIEW YAW HOONG - 2,227 words
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PERSPECTIVE
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748 2000-10-27 26 jaime ee - ■•jaathe cuff Forget about gourmet cuisine and long wine lists. Instead, airlines shonld make seats bigger so that it will be less of a health hazard to fly economy jaime ee I KNEW it. I knew it couldn't have been early onset of748 words
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EPICURE
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Article, Illustration706 2000-10-27 27 TAN SU YEN - Quality comes with a reasonable price tag at the East-West bistro, tax su ten discovers TAN SU YEN WHEN businessman Leow Siak Fah and interior designer David Tan first came up with the idea for their East-West bistro, Shidong, the venture was part hobby, and part indulgence.706 words
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892 2000-10-27 27 N K Yong - WINE CONNOISSEUR w N K Yong FINE wine is now made all over the world. The best growers and producers are all up to date and equipped with the latest in viticultural, oenological and technical knowledge and equipment knowledge spreads widely and fast.892 words
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LEISURE
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Article, Illustration604 2000-10-27 28 Susan Tsang - CINEMA The film explodes to life only towards the end, but it may be a case of too little too late Ry\ Susan Tsang GET Carter seems to be a self-defeating exercise. The youngsters it could appeal to stylistically would probably lack the604 words
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Article, Illustration543 2000-10-27 28 Geoffrey Eu - CINEMA Elizabeth Hnrley is sadly unconvincing as the Devil although she does her best to stmt her staff Byy Geoffrey Eu ELIZABETH Hurley can fill up a deep plunge gown in sizzling fashion that Versace "safety pin" dress comes readily to mind but she's less543 words
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Article, Illustration786 2000-10-27 29 American Psycho. Christian Bale is a monster who works in Wall Street. For kicks, he kills and dismembers women. R(A). Beach Rd, Lido, Balestier, Marina, Plaza. Autumn In New York. Ageing playboy Richard Gere falls for Winona Ryder, who is ill. Joan Chen directs this tear-jerker. Causeway, Empress, Lido,786 words
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Article117 2000-10-27 29 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 JitWiee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Goldan Villag* 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 TiongBahru Yishun OvtrsMt Mwto Clementi/CoVealth 777-0669 Golden/New Town 296-5466117 words
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HEALTH
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Article, Illustration1173 2000-10-27 30 CHEAH UI-HOON - cheah ui-hoom checks out whether infused smoothies and juices really live up to their claims CHEAH UI-HOON PEELING tired or stressed? Need a protein fix, or vitamin C push? Pick up an "infused" smoothie or a juice, smoothie cafes and juice bars are saying1,173 words
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MOTORING
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Article, Illustration1115 2000-10-27 31 CHRISTOPHER TAN - To be a winner, you don't have to be first. Just better. Christopher tan finds out just how in the new LS43O CHRISTOPHER TAN WHEN I first test-drove a Lexus in 1992, it didn't quite make an impact on other road users as I thought it might. Sure,1,115 words
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498 2000-10-27 31 Christopher Tan - Christopher Tan SINGAPORE became the first market outside Japan to have the new Lexus LS43O on Oct 9. Business Times caught up with its chief engineer, Yasushi Tanaka, who was in town to introduce the 4.3-litre flagship. BT: I understand the car498 words
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PERSONAL INVESTMENT/FINANCE
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Article579 2000-10-27 32 LING SU ANN - Value investing is coming back in favour, as old economy stocks start to look appealing, LING SU ANN finds out LING SU ANN NOW is the time to buy into value stocks, especially those that will benefit from the development of new technology, said579 words
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Article1487 2000-10-27 32 Serena Ng - Citibank introduces a new unit option product By\ Serena Ng CITIBANK'S new unit option product is part of the bank's efforts to bring a wider range of financial products here to local retail investors, and gives them the opportunity to reap potentially higher returns on the US1,487 words
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288 2000-10-27 32 SAP to review AAA rating after fond managers quit Bloomberg [LONDON] Henderson Investors' Global Technology Fund, the UK's second-largest mutual fund investing in computer and Internet stocks, has had its "AAA" rating from Standard Poor's put under review after the managers quit. The decisionBloomberg - 288 words
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Article35 2000-10-27 32 In response to the article, AlA's revised premiums (Executive Money, Oct 20), AIA would like to clarify that the revised premiums for its mortgage protection plans apply only to new policyholders.35 words
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Article402 2000-10-27 32 Lilian Ng EPI Consultancy Singapore, via Internet - Lilian Ng EPI Consultancy Singapore, via Internet I WOULD like to respond to some comments made by Joseph Chong of First Independent in last week's feature '"Hie cost of coverage" (Executive Money, Oct 20). 1. The wealthier you are, the less insurance you need. Nothing could be further402 words
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PERSONAL INVESTMENT
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Article, Illustration957 2000-10-27 33 Robert Halili - INSIDE rrenTgSl Watch oat for NEL; Capital buys more of Datacraft, GES, Venture; Aberdeen nps stakes in Courts, Robinsons By Robert Halili The writer is bureau chief at Score Lab Asia Ltd (www.asiascores.com). He is assisted by Ngia Soon Chai, Singapore NewsSource: Primark ITA - 957 words
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903 2000-10-27 33 Nera Telecomunications - idea Nera Telecomunications Systems integrator Nera's strong set of earnings for the first nine months of its fiscal year should help put its shares on a recovery path in coming months. Third-quarter profits grew 37 per cent to $7.6 million for the903 words
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989 2000-10-27 33 chua boon lee - money Equity markets are bent on finishing the year with negative returns the world over and even seasoned investors are beginning to turn wary. Here are some possibilities for those with more modest expectations chua boon lee The writer is a Netßesearch founding member989 words
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Page 25 Advertisements
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Advertisement82 2000-10-27 25 Smoothies and juices: real BHflft boosters or hot air? EL6 iPlfl Motoring The Lexus Silent knight v I ■I m *1& JPp Revel in the latest Autumn creations from the fashion supremos Stylishly elegant yet casual couture in distinctive earthy colours yflt* Jf* 0 Set amidst fine furnishings and enhanced82 words
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Advertisement9 2000-10-27 25 Epicure a Shidong's E value deals P EL 39 words
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Page 26 Advertisements
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Advertisement30 2000-10-27 26 B V LG A R I I The Rettangolo r M 7 < w ■Mw^Srr*»i Singapore Hilton Hotel Takashimaya Department Store Cortina Watch Centre Dickson Watch Jewellery Sincere Fine Watches www.bulgari.com30 words
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Page 27 Advertisements
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Advertisement160 2000-10-27 27 Ih tter Sleep I Itrough Seienee. ;v\ti>\ 1 .it I M ll' Enjov a quicfi getaway to Rasa Sentosa on us when you purchase a O As <i special promotion. we are «jivin<j von ,i night's ta\ at Hasa Sento-a Sit hai h. relax am! simplv ci»(ov oun<l sleep .it160 words
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Page 28 Advertisements
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Advertisement525 2000-10-27 28 Where to wine, dine and entertain../-? jjsa «a—^s F»ve Ohfo>>ese Cuisine Veuve Clicquof. Only <*f W<*>\ H*w. 3QfU ocfober SXa November, 2000. 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 senses525 words
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Advertisement74 2000-10-27 28 WEDDING! A TRULY UNIQUE OCCASION Call us at 224-3922 for a perfect start to a wonderful life ahead cat.au* 'lb Hoot tkrrtHu Vnkm House, CoOyrr Quay. Smgaparr *****1. j Jiamiann QQ Suyaparr SKB 1)3 CMurd Road. Smum *****" "W: 737 4411 Fax- 732 2361 PONTfNf nt Mi Z ,-r H74 words
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Page 29 Miscellaneous
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Miscellaneous2310 2000-10-27 29 TODAY'S TV Central /SHta™?*' 9.00 AM Kids Central: Sesa- 3.00 Asia Today A Thaipusam UP close in me Street. 330 Singapore Update. /\UVt:IILUI "h Kuala Lummir before 10.00 Hilltop Hospital/Panda 3,48 Business Update. .11 T j. ivuaid L.umpur, ueiore Bear Daycare. i 4.00 CNA Today Wltn Indians heading into the2,310 words
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Page 30 Advertisements
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Advertisement477 2000-10-27 30 pentium*/// In Gateway™ country, your small business can have big expectations. Built-to-order Gateway™ business solutions give your growing business exactly what you want. How do we know what will work for fyour business? It's simple. We ask. V Then we build a total solution to fit your exact needs. And477 words
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Page 30 Miscellaneous
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Miscellaneous254 2000-10-27 30 CRYPTIC CROSSWORD 7 The address of a single per5011 (9) 8 Put down a motion before the chair? (5) "^l"~ 10 In which to see ringfigh- LH--H--nM~-U~~U 11 Young nun is without sin 12 Control for a bit (4) 13 Checkers of medical doses j l5 j j j |c254 words
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Page 31 Advertisements
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Advertisement129 2000-10-27 31 Want to start a collection without having to spend too much? Or just want to learn a bit more about carpets from the owner, Mr Abid Mir, who has more than 30 years of experience in the business? Or you may |ust want to spend a leisurely afternoon with your129 words
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Page 32 Advertisements
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Advertisement119 2000-10-27 32 SH. Sameyeh Pte Ltd Sameyeh Carpets EXPERT OF HAND KNOTTED FINE NEW AND ANTIQUE PERSIAN, CAUCASIAN, ANATOLIAN CARPETS COLLECTION AND TAPESTRY SINCE 1960 Hamburg, Singapore, Los Angeles and New York NOTICE We would like to inform you that we have move to our new warehouse and showroom at 10 Arnasalam119 words
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Page 33 Advertisements
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Advertisement57 2000-10-27 33 exclusively from Jw see Web site www.ideaglobal.com A" H Jk^JT -la Jr Wisdom. The greatest asset one can possess. Benefit from the rich experience of our team of fund managers. Invest with us. Q DBS ASSET MANAGEMENT Call 1800-535 8025, or visit your nearest DBS Bank branch or ATM for57 words
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EXECUTIVEmoney
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Article, Illustration1689 2000-10-27 34 GENEVIEVE CUA - How many times have you heard that before? But data from the recent past bears it out: a disciplined, regular approach to investing with a lump sum or savings plan will help you stay ahead of losses. Of course, the benefit of hindsight helps.1,689 words
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Page 34 Advertisements
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Advertisement19 2000-10-27 34 Executive Money will be published every Wednesday, from Nov 8. There will be no EM next Friday, Nov 3.19 words
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SHIPPING TIMES
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Article222 2000-10-27 35 Reuters THE Baltic Dry Index (BDI) rose three points to 1,751, the Baltic Panamax Index (BPI) gained five points to 1,628, the Baltic Handy Index (BHD shed one point to 1,149, the Baltic Handymax Index slipped four points to 10,134 and the Baltic Capesize Index (BCD rose sixReuters - 222 words
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Article276 2000-10-27 35 —MM Oct 10 M HI CWT Distribution. 0.65 unch 0 Cosco Invastmant 0.17 unch 0 Fraight Limn 0.14 unch 0 G8 Hotfngt 053 unch 0 Ha* Sun Hup 0.33 -0l0» 0 tMC HoMngs-HK 5.60 unch 0 JayaHaMings 0.15 unch 0 K appal Corp 3J4 -0.02 0 Kappa* FELS276 words
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Article, Illustration442 2000-10-27 35 Bering wants to retain more profit from fast-growing ports for domestic firms: report Reuters [HONGKONG] Beijing is curbing the influence of Hongkong tycoon Li Ka-shing over mainland Chinese ports as it is concerned that Mr Li's port business is growing too strongReuters; FILE PHOTO - 442 words
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Article, Illustration78 2000-10-27 35 [NEW YORK] The Holland America Line's new cruise ship Amsterdam is greeted by the early New York sunrise as it arrives for inaugural activities. Amsterdam, built in Italy at a cost of US$3OO million (***** million), is the 10th ship in the Seattle-based company'sfleet.AP - 78 words
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292 2000-10-27 35 Anti-piracy watchdog warns ships to exercise more cantion AFP [KUALA LUMPUR] Chittagong has been declared a hotspot by the maritime piracy watchdog International Maritime Bureau (1MB), which issued a general warning to the shipping community to exercise more caution in and aroundAFP - 292 words
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Article140 2000-10-27 35 AFP [HONGKONG] Hongkong and Britain signed an agreement to avoid double taxation on shipping. Sandra Lee, economic services secretary, and British Consul General James Hodge signed the deal, which will exempt owners of Hongkong ships from paying tax levied on cargo taken on boardAFP - 140 words
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345 2000-10-27 35 Alec Almazan - From i Alec Almazan in Manila [MANILA] The Subic Bay Free port is offering the 40-hectare Redondo port complex as well as several industrial and commercial properties for lease to investors. Subic Bay Freeport Felicito Payumo said in a statement that the property345 words
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SHIPPING news
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Article, Illustration682 2000-10-27 36 Selva Kumar - admiralty casebook By I Selva Kumar AN English court recently threw out an attempt by a group of insurers to avoid a claim under a marine insurance policy just because the insured ship repairer gave its solicitors a forgedFILE PHOTO - 682 words
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216 2000-10-27 36 Evelyn Duffy - From] Evelyn Duffy m Perth AUSTRALIAN towing giant, Adsteam Marine Limited, has finalised its acquisition of 50 per cent of leading New Zea-land-based tug and barge group, Sea Tow Limited. Adsteam has initially acquired 50 per cent of Sea Tow for216 words
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Article300 2000-10-27 36 PAGE ECU Line S/6/8 8 Accord 8 ESP Lines 13 Ahrenkel 14 I™*™ 6 Aooenshio 5 F «»flSun 5 Asia OCl 13 M Links 14 Assets 8 F-Wi 7 Austral 7 G L Avant 14 Gemartrans 6 B'tang Mas 8 Genshpg bSA 7 Glory Hav 14 BTL300 words
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Article23480 2000-10-27 42 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnrt Voyage Telephone ETA ETA Advertiser V«Hl Voyage Telephone I SIN Dest'n Nam* Nam* Number Number SIN Dest'n Nam* Nam* Number Number 10/11 04/12 Senator HANJIN KEELUNG 0077* 65-*****10 To ABIDJAN (ABJ) 2003 Cote D'lvolre to/n 04/12 Sinotrans hanjin keelung ottw 65-*****9023,480 words
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SHIPS IN PORT
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Article494 2000-10-27 49 Vessel Voy No Berth Arrive! Depertun J»ll| Pert 8t Hand) Jay 26-OCT J01 26/10/11:25 26/»/23:59 Bt Stir lit 26-OCT JOl 26/10/1000 26/10/2359 Bt Riko 4 ***** JOl 26/10/11:30 26/10/23:00 fern* Ace MA 1027 J12 27/10/6:30 27/10/21:30 Spc Capricor *****6 J12 27/10/7:15 27/10/1900 Bt S« Bn HOOO JOl 27/10/800494 words
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Article1940 2000-10-27 49 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Booking/Balance Rstls Ship VoyWo Etb/Btr Ptrtod Frowi To Frow Ad MA*ET on 27/tO0 25/800 25/145* 25/1900 U 25/1700 24/0459 24/0900 21 25/1700 24/0459 24/0900 24/0700 24/1159 24/MOO Ad UUC OM 29/15*0 3 24/0700 24/189 2VWOO 4 24/1200 24/M59 24/1700 *a1,940 words
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Article101 2000-10-27 49 Mori Philippines: All Saint's Day. Nor 3 Japan: Culture Day. Nor 4 Sweden: All Saint's Day. Nor 11 Canada: Remembrance Day. USA: Veteran's Day. Nor 23 Japan: Labour Thanksgiving Day. USA: Thanksgiving Day. Nor 30 Philippines: Bonifacio Day. Doc 3 Japan: Culture Day. Deo S Thailand: H.M. The101 words
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Article790 2000-10-27 49 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 based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual790 words
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Article458 2000-10-27 49 Carta* 180 Max 991.2 0.6 6.4 0.09 St 0.05 Oct» Density *«ttr htUw As* HmMrn SifciH No above £25 1 0 1 0 0 0 380 AM 906.4 0J U.5 0.06 27 0.02 b« 380 Mu 993.2 0.7 2 0.10 57 0.04 »¥A »M/M M/N w458 words
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AIR & LAND transport
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Article, Illustration455 2000-10-27 50 US PILOTS' WAGE TALES Their wages will be 10%-12% higher than their best-paid counterparts at rival airlines Bloomberg [CHICAGO] UAL Corp's United Airlines pilots voted 95 per cent in favour of a new contract with the world's largest carrier, givingBloomberg; REUTERS FILE PHOTO - 455 words
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211 2000-10-27 50 Bloomberg [CHICAGO] UAL Corp, parent to United Airlines, said it is creating a unit with US$5OO million (SsB7s million) in annual revenue to oversee Internet business, the sale of frequent-flier miles and investments in online ventures. The unit, called United New Ventures,Bloomberg - 211 words
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229 2000-10-27 50 Pilots seeking annual pay raises of 29%-40% under three-year contract Bloomberg [CINCINNATI] Delta Air Lines Inc chairman and chief executive Leo Mullin said the third-largest US airline will respond by next Tuesday to a pay proposal from pilots, who said theyBloomberg - 229 words
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Article, Illustration76 2000-10-27 50 [LONDON] A train carriage in the livery ofConnex South Central at London's Clapham Junction station. French-owned Connex is to lose its south central service franchise in the biggest shake-up in the rail industry since privatisation. The new operators will be the consortium Govia and its main partner,AP - 76 words
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243 2000-10-27 50 Reuters [NEW DELHI] India has installed online cargo clearance systems at its four main airports at Delhi, Bombay, Madras and Calcutta in a bid to speed up its freight handling, an airport official said. Online cargo clearance allows exportersReuters - 243 words
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Article, Illustration317 2000-10-27 50 QOPKUM wtann AFP [PARIS] The head of the team investigating July's crash of a Concorde outside Paris said it was now sure the accident was caused by a metal strip from a Continental Airlines DC-10 found on the runway at Roissy-Charles de GaulleAFP; AFP FILE PHOTO - 317 words
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101 2000-10-27 50 Reuters [FRANKFURT] Deutsche Post World Net will pay US$745 million (Ssl .3 billion) for a 25.64 per cent stake in air express company DHL International, according to the issue prospectus of the company. The German post office in September said that itReuters - 101 words
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243 2000-10-27 50 Bloomberg [BRISBANE! Virgin Blue, a new no-frills Australian airline, said its sales and load factors during the first 50 days of operation were better than expected, as customers were lured by its low-cost fares. The Brisbane-based carrier said it has recordedBloomberg - 243 words
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Article1681 2000-10-27 50 crrr fuatr n* ruaw rn> MMM AI8230 Mi AM229 WMi WW PM M8M OM 1*6381 850 1*6380 2230 tiM0l< S00Q3 WO CZ352 0910 S0230 880 S0229 2230 COB 20*5 S0004 HBO AastartMi U.0043 0435 (LOU* 2255 M WrtOMI WO 8JJ50N2 <805 S023 0645 N***** 2325 S<WW175 *30 SO/VW176 835 GA9751,681 words
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Advertisement108 2000-10-27 35 Jj| CAMBODIA SHIP REGISTRY llpl "WORLD'S Ist ONLINE VESSEL REGISTRATION" Only 20 minutes required to complete online application!!! hhi^ We provide offer: most competitive fees no restriction on nationality of ownership/crew fast and simple one-stop service for registration 24-hour efficient service, 365 days a year up-to-date maritime laws regulations Operational108 words
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Advertisement24 2000-10-27 35 Admiralty Casebook: Court orders Insurer to pay claim under marine policy pg2 United Air pilots get beat pay In Industry In new contract BackPg24 words
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Advertisement1237 2000-10-27 36 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX-SUPEB SHUTTLE BPBEBS-WBECT TO LOMO BEACH I I WEST COAST Of CgXTttAL AMWCA SWWCt) vtssa vor nSaTTma" muas hobim okmo m*nm mxxoan wssa vot Tr h.di kowu jamiomco <mmo_ nuum mmmim mm am ooqmm* w» »/i. r"""* -2 ss1,237 words
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Advertisement714 2000-10-27 36 Lines services by Members of the Registry of Accredited Shipping Agents, xgif*y Singapore Shipping Association Members of the Singapore logistics Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMPIER/FREMANTIE MV "TBM" ETA SIN 02/11/2000 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO XiV»XFIfII POT KUNG/SMGtfOtt/JMUItt t714 words
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Advertisement1271 2000-10-27 37 TO EUROPE FROM EUROPE Ivtssa ypT sw ni m hui wv sou fit uh Ifyma vot I tra ano ham Btv sou fit iw si I Aft GBMUNT 079W 26/10 11/11 IS/11 14/11 IJ/U APIAUMNDOi 317E 07/10 04/10 05/1001/10 24/10 NO5& 534W 17/10 11/11 14/11 17/11 11/11 API AGATE 0M1,271 words
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Advertisement1508 2000-10-27 38 C SENATOR LINES TO INCONTINENT TOMEOTTERRANEANCIANADA gg VOT MM LB> HTM M HAM WW FU VEMEI WW W W W W M 1 CHOYANG MM WI7W ■II 11.11 Ull 14.11 IS 11 11.11 17.11 HMNSHMIBUTIM O(3*W Mil 1211 1411 Mll 1111 ail HMUNKwram mam nu ii.n an 11.11 17.11 u.ll1,508 words
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Advertisement1707 2000-10-27 39 VESSEL VOY 1 KHH I HKO I SIN I PKL DX» »A» DMM MK IRAN KERMAN PCL-178 24/10 25/10 2»/10 29/10 05/11 06/11 00/11 10/11 IRAN ISFAHAN PCL-179 31/10 01/11 04/11 05/11 12/11 13/11 15/11 17/11 IRAN RAAKERI PCL-180 07/11 00/11 11/11 12/11 21/11 22/11 24/11 26/11 IRAN HORMOZOAN PCL-1811,707 words
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Advertisement18 2000-10-27 43 \v\ 0V" X < <-» s Because we give you 30%, you account for less. http://www.ptp.com.my General Line: 607-504 222218 words
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Advertisement82 2000-10-27 45 New Advertisers/Services/Agencies Econ Line I 2 x Fixed Day Sailings per Week between S pore Bangkok, Laem Chabang See Page 13 FREMANTLE COCOS CHRISTMAS ISLAND WESTERN AUSTRALIA Turn to Page 8 Daily ASSETS SHIPOWNERS MANAGERS PTE LTD SINGAPORE PTE LTD W IS McCallum Street #0V0lfl)2 Natwest Centre Singapore *****5 Fax82 words
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Advertisement845 2000-10-27 47 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWO I |*T I SUB |OW[UK CM 1 »0« 1 KAj 1 HTI I 0«F I SAV |WW TAW I MOU~j HOtCH MItAMPA /0754 03/11 09/11 11/11 14/11 >4/1) It/ll 01/1? 04/1? 10/12 83/01 04/01 07/01 11/01 U/01 20/01 HOtCH MMI/01SI 25/11845 words
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Advertisement97 2000-10-27 47 PT. Natabhayu Perosahaan Pelayoran ULAWAN-SIN-P.KLANO WEEKLY SERVICE lin* IBAWMI smwok rornum Ett ETD Ett ETC Ett ETD IK IMKlimi -21/10 38/10 31/10 M* (awdtmi lipress UOHS 02/11 03/11 05/11 Mt (•mrtiuaf Express UM5* OS/11 04/11 07/11 UadMi Eiptss OOUS 01/11 11/11 11/11 *v (mdtwq bprtss KJOI7N 12/11 13/11 IVJI PHOENIX97 words
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Advertisement702 2000-10-27 48 I VESSEL VOY SIN MAASIN| TIGER METRO BASN 28-2»10 02-05/11 10-11/11 I TIGER STAR 846N 31-01/11 0&09/11 14-15/11 I TIGER RHYTHM 847N 03-04/11 09-12/11 17-18/11 I TIGER BRIDGE 848N 07-08^11 13-16/11 21-22/11 I TIGER METRO 849N 10-11/11 16-19/11 24-25/11 I TIGER STAR 850N 14-15/11 20-23/11 28-29/11 I IVESSE^^^VO^^SI^^^CA^^SI^^I TIGER OCEAN702 words
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Advertisement952 2000-10-27 48 A FREIGHT LINKS EXPRESS PTE LTD 51 Penjuru Road, 3rd Level, Freight Links Express Logisticentre, Singapore *****3 Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg WEBSITE: www.freighHinks.net DIRECT SERVICE TO: XINGANG MV. TRADE ETERNITY VO2BE ETA SIN: 30/10/2000 TAICHUNG MV. UNI OBTAIN VOOI9-073 ETA SIN: 04/11/2000 SUVA MV. TASMAN CHALLENGER V *****9952 words
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Advertisement1049 2000-10-27 48 Mfrfry cof *****50 i^V Wtfcsitt: http://www.Md.cMi ■tA/ouuM il frl w lm o« mw imhou I !sccd iiu Sn hou o« ia w 00Q CAUFOtNU 4*M 01/11 17,11 72/11 7VII TV) I 71/11 00a GUMMA 40W40 03/10 04/10 OS/10 W0 11/10 39/10 OOQ NW *01* 01H5 01/11 74/11 21/11 JO/1I 30/111,049 words
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Advertisement78 2000-10-27 48 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYA VICTORY 2310 2MO BANGKOK/PONTIANAK TBN 24/10 2610 PALEMBANG/PONTIANAK/MEDAN PANGKAI BALAM (EAST TIMOR) REGULAR SERVICE- EX YANGON JUBILANT IN PT 23/10 VISAK/CALCUTTA/ YANGON CHAHAYA STAR 22/10 27/10 yiSAK/CALCUTTA/ YANGON REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN78 words
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Advertisement23 2000-10-27 49 •o PLEASURE BOATS/ SEA SPORTS Glide your eyes over here if you love a splashing good time, fa CAT* The Straits Times Classified23 words
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Page 49 Miscellaneous
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Miscellaneous118 2000-10-27 49 R Thunderstorm Showers o Rain emperature Cp/ y^ jn(l an( j speed j n knots Cloudy Day Weather X Ma7v Wind speed symbols Sea Condilions O Full circle w/o line indicates calm or light and variable winds j K -"—•One hall Heche represents 5 knots I I Moderate, 1 2m118 words
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