The Business Times, 2 November 2000

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Total Pages: 50
1 50 The Business Times
  • 12 1 JTheBusinessTimes MITA(PH)36/12/1999 es£ S INGAPORE Internet: http://business-times.asial com.sg THURSDAY. NOVEMBER 2. 2000
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  • 66 1 Mill U*MM (+68.47) wmwr-m LJ 80M4 (+11.38) ilBf INDEX FimSEB U 2*MO (+63.00) ViSWIVVRBB mm MtM (+7.90) SfOCKIiBXEf INDICES Wednesday Change KL8E00MP 7I&U *79 NIKKEI t» li87U»—+«.?» RAM) SENG tMOtt—HttJ? 8BTDIDKX ***** +7JI JAKARTA COMP—40&M +101 MANILA COMP Omi TAIPEI WPl k,m.n —-*****8 SEOUL COMP S4&7C #U* CLSA
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  • 70 1 IIUITH m s» U8$ 17« £(USS/8$per£) L464 1844 EUBOfUSS/SS/E) 0-8§6 1.486 DM 1288 1MB YEN MM tt-10 KM im 1172 HK$ 4.468 BABT. 4184 24J4 BUPIAH 1148 W27 FEME RATES SINGAPORE* 5.86 KUALA LUMPUR 7.67 JAKARTA ».00 BANGKOK .956 MANILA 11.06 BONGKDNG 8.56 TAIPEI 7.84 SYDNEY .8.86 TOKH) iSO
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  • 658 1  -  Omni Industries shares close 15% np on talk of interest from Celestica By\ Siow Li Sen [SINGAPORE] Trading in Omni Industries shares exploded yesterday, with 76.2 million changing hands on expectations the company would be the next takeover target of a global electronics
    Source: Bloomberg  -  658 words
  • 351 1  -  SembKimtr&ns to deploy two barges and two tugboats From Eddie Toh in Kuala Lumpur IN a surprise development, listed Sembawang Kimtrans, an associate of Singapore govern-ment-linked SembCorp Industries, will provide a feeder service from the Port of Singapore to its fledgling
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  • 530 1  -  Body had asked ERA to reconsider scrapping buyer's fee By Andrea Tan [SINGAPORE] ERA Real Estate's decision to scrap the buyer's commission for some Housing Development Board resale flat transactions has put it on a collision course with the Institute of
    530 words
  • Page 1 Advertisements
    • 73 1 UIHIDE Top Stories Warren Buffett enters Ucyd's of London insurance market PgStO HK again pips S'pore in economic freedom ranking. Mmxi Page Bertelsmann, Napster in tie-up. Pg 11 SPH Media Works to pay HKslsom for HK firm. Pg 7 Producers bullish about 04 activity, employment. Pg 9 v s#g Estrada's
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    • 44 1 Bid for NEL Reports, Pg 4 Nat Steel launched 'auctlon'/or M?L seven weeks ago analysts'concerns ir MafIBNEL deal should be probed f t |T •-"> i Premature speculation, says SIA SIA shares close 4.5% lower Taking off in bad weather: Whose responsibility Reports, Page 3
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    • 80 1 I >, cv' 1 1'[ i\' i' v• i i'! r goes 8 pages from today .x,.,. y -<pKiiiiw* >•• it* v —Or I .>« "jf'S a J > »It lut i It It mp<. i <-# \\S \XT lIkI i iK 11<iihU r«i!U H 1 imcpk-t i v ,|1
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  • NEXT page
    • 520 2  -  v Leaked documents shew47,ooo flats may be released; critics my this will worsen property gint From Audrey Tan in Hongkong THE Housing Authority will only meet today to discuss government flat sales far next year, but a storm is already brewing
      520 words
    • ON THE grapevine
      • 199 2 WHEN Colliers Jardine's new research head Trent Smith authored a weekly report about three weeks ago painting the bleakest forecast so far for the Singapore private residential market, some big developers were livid. A little bird told Grapevine that Colliers' head honchos received a bit
        199 words
      • 118 2 SEVERAL dealers who helped their customers rakie in a tidy pile of cash by punting on Nat Steel Electronics and Nat Steel Ltd said they were so sure that the rumours of Solectron's takeover were spot on that they told their clients to throw in everything they had
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      • 88 2 WITH all the changes now going on in the stockbroking industry, it may be hard to know who's where. DBS Securities' head of research Ho Hin Dong left the firm six weeks ago to join boutique fund Value Partners Singapore Pte Ltd but the DBS
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    • 616 2  -  Heritage gives S'pore lower score for govt intervention in the economy From Audrey Tan in Hongkong my, a recent Kuropean Union report calling for better competition rules here. But while it once again ranked Singapore second in its annual ranking of 161
      616 words
    • 638 2  -  comment TECHNOLOGIES Building a hub won't be a walk in the Science Park but the right strategies for drawing the best minds will help kenneth james In the laboratory of the Biochemistry Department at the National University of Singapore earlier this week, a motley
      638 words

  • SIA crash
    • 1117 3  -  Debris strewn over both runways leading to inconclusive speculation; weather conditions were within safe operational limits, says airline By] Macabe Keliher, Marissa Chew SINGAPORE Airlines officials yesterday dismissed as premature the speculation by Taiwanese aviation officials that the ill-fated SQ 006 aircraft was on the
      REUTERS  -  1,117 words
    • 770 3  -  Counter ends 30 cents lower after initial plunge of 80 cents; impact likely to be short-lived and image nnlikely to be tarnished By Ven Sreenivasan SINGAPORE Airlines shares took a knock yesterday, plunging 4.5 per cent or 80 cents to a low of $16.80 before
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    • 150 3 Bloomberg [SCHAUMBURG, Illinois] Inc said an unspecified number of employees were on the Singapore'' Airlines Ltd Boeing 747-400 jetliner bound for Los Angeles that crashed at'' Taipei's main airport, killing at least 79 people. Motorola spokeswoman Margot Brown said no ftirther details were available at
      Bloomberg  -  150 words
    • 608 3 We reproduce the transcript of a BBC World Service World Today report, broadcast yesterday Roger Hearing: A Singapore Airlines plane bound for Los Angeles has crashed on takeoff at Taiwan's international airport in Taipei. The cause of the crash
      608 words

  • SINGAPORE companies
    • 703 4  -  BID FOR HEL note a<fcnracy of nfroared takeover price m David Boey rumours had flown thfic and fast when Nat Steel wEferin talks to sell crown jewel Electronics. Softer the deal was sealed to $11 NEL to US-based Solectr<fc» Corp for US$2.4
      ARTHUR LEE  -  703 words
    • 229 4 NATSTEEL Electronics Ltd (NEL) received a query from the Singapore Exchange Securities Trading relating to the trading of NEL's securities on Friday, Oct 27. Hie Board of Directors of NEL refers to the earlier announcement made by its parent KatStaat Ltd (Nat Steel)
      229 words
    • 470 4  -  MAKING OF A DEAL Prom« Jennifer Lien vnSiHoon Valley IF the takeover goes as planned, Solectron will soon be NEL chief executive Chester Lin's new employer. But the idea will not be new to Mr Lin. In fact, Mr Lin, the driving force behind the
      470 words
    • 565 4  -  From Jennifer Lien in Silicon Valley Nat Steel Electronics' emphasis on the PC market and its reliance on Apple Computer were two main concerns of US analysts covering Solectron Corp on Tuesday morning. Some 90 per cent of NEL's revenues come from making products for
      565 words
    • 180 4  -  \m bag Lak Chuan Ng I REFER to your editorial, "Disclosure in a deregulated market" (BT, Nov 1). I am an ex-investment banker. I agree entirely with your editorial but feel that you have not fully appreciated the severity of the issue. The poor shareholders
      180 words
    • 549 6  -  Contrasting accounts given; S6Z claims strong support bnt some shareholders report mnch dissent By Ling Su Ann SINGAPORE Exchange shareholders yesterday cleared the way for the exchange to go public, despite strong objections by some who feel they have been shortchanged. In a
      549 words
    • 414 6 It will own 24J>% stake with sale of Singapore Piling toSesdaqfirm MAINBOARD-LISTED Hwa Hong Corp will end up as a major shareholder of BBR Holdings with the sale of a piling company to the Sesdaq-listed construction company. BBR said yesterday it will issue
      414 words
    • 815 6  -  locksiew paul thompson THESE past six months or so, we have been treated to a deluge of reports and analyses on the Nasdaq. And the reason Is simple. Some analysts say the North American information technology dominated stock index is at a crossroads
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    • 328 7  -  The partnership will service rail operators here and abroad By Christopher Tan A VENTURE between SMRT Engineering and ST Electronics is expected to yield sales of more than $60 million a year by 2005 or 16 per cent of rail operator SMRT's group turnover
      328 words
    • 537 7 AFX-Asia SMRT Corp Ltd is expected to report today an interim net profit before extraordinaries of $39 million to $40 million, about half of what analysts are expecting for the full year to March. This is the first time SMRT is publicly
      AFX-Asia  -  537 words
    • 376 7  -  It will own half of Fantastic Circle, which produces Chinese TV content By, Andrea Tan SPH Media Works is buying 50 per cent of a Hongkong company for HK$l5O million (5533.6 million) to produce Chinese television content for the region. The purchase
      376 words
    • COMPANY Briefs
      • 62 7 BRIERLEY Investments said yesterday that Temasek Holdings has bought an additional 0.45 per cent stake, bringing its holding in the New Zealand-controlled investment company to 2.96 per cent. Temasek Holdings bought 1144 million Brierley shares on Oct 24 at $0,207 each in the open
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      • 64 7 WE ARNES International, which distributes Jaguar and Rolls-Royce cars here, said yesterday its subsidiary Wearnes Automotive Equipment has acquired a 30 per cent interest in Indonesian company PT Grandauto Dlnamika for9oo million ruplah (*****,000) cash. The Indonesian company is primarily involved in the distribution of
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      • 68 7 OCBC Bank said yesterday it has appointed Howard Morris as senior adviser for technology strategy. Mr Morris, who will Join the bank on Dec 11, will lead the design and architecture of its information technology infrastructure and review its IT governance, decision-making processes and technology developments.
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      • 40 7 IN the quotation table for Singapore government stocks on page 7 yesterday, the title wrongly indicated that the quotes were for Sept 30,2000. The quotes are in fact for Oct 31,2000. We are sorry for the error.
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  • Page 4 Advertisements
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  • Page 6 Advertisements
    • 80 6 -ijf V ,*-feK-'w i7|?bi^wbhß^^v•■ ,-£%£^b&^ y Tnri ~*fc"^"^y^"- »•'k^*~^KS^H^^^Bw^^Wifciii <««■?,#W«£*i£jp »*alHE<*W* rt^vMraF ffl n^^Hl j-- 5* 'V—* 'rfe*y Jj^&alEMlgitkg^JlM&isa^^^^^^^^^^^Mu^^M p h ANY SHAPE AND SIZE TO EUROPE. With our new direct flights to Europe, FedEx offers less wait, and more weight. Because, while some others restrict you to as little
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  • Page 7 Advertisements
    • 69 7 i (Build Your Own Dream Home) MK 17 LOT 5609 Joan Road (off Andrew Road) Approx. 15,228 sq ft FREEHOLD Good class bungalow area, 1.4 plot ratio up to 2 storey Selling below value! Si* 31* —r32}."5./1414.7 sqrrlVAjMn S 196 /SMO/ Y 31 CP 217«; 1 5611 ,iT" I u
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  • SINGAPORE markets
    • 560 8  -  comment 1 s r. sivanithy IT was an all-technology play yesterday as investors piled into the sector after Nasdaq's huge overnight rally and news of the takeover of Nat Steel Electronics at a handsome premium over its market price. The resultant
      560 words
    • 217 8  -  WARRANT WATCH By] R Sivanithy TECH fever is raging in the local market at the moment and no one wants to be left out. Perhaps more importantly, no one knows when it will end. For if Nasdaq decides to tank again, anything
      217 words
    • 226 8  -  HOT STOCK By Serena Ng THE stock of semiconductor equipment manufacturer Asti Holdings has been rising gradually since mid-October and looks poised for a strong rally. It closed four cents higher yesterday at $1.05 on volume of 1.73 million, having rebounded strongly from a year-low
      226 words
    • 101 8 ♦PARKWAY Holding* ky 1. *f| k djriStak&Aiklk v director ana smalt member Herman Ronald ♦PBNTEX-SCHWEIZER Circuits will hold its AGM on < Nov 16,at3.00pm,56Penjuru: W. WW* 2 a ♦EASYCALL International willtKild.its AGMonMov 30, ♦PERTAMA Holdings will HoHiteAGMonNov W,at 10.00 am, 315 Outram Road #01-01/02, Tan Boon Liat Rn)lHiw|
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    • 320 8  -  comment CURRENCIES larry wee A NASDAQ-led charge back into tech stocks cheered Asian currencies considerably, with the tech-heavy bourses of Korea, Singapore and Japan eagerly taking the baton yesterday. Nasdaq's 5.6 per cent overnight jump boosted Korea's key Kospi index 6.7 per cent
      Source: Reuters  -  320 words
    • 302 8 Stock* Volume Omni Ind 10c 76,172,000 NatEteclOc 52.912,000 NatSteel50c 49,062,000 PCI 25c 42,408,000 IPC020C 40,195,000 MediaRinglOc 34,777,000 GES Irrtl Ltd 20c 32,533,000 ST Assembly 25c 20,445,000 PaaficCenturylOc 19,244,000 LateTech US4c 18,876,000 Stocke NatEteclOc 392,135,260 Omni Ind 10c 260,513,620 NatSteel50c 152,556,568 Chart Semiconductor 26c 114,088,096 ST Assembly 25c 65,167,390 VentureMfg25c 55,790,500
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  • Page 8 Advertisements
    • 265 8 Singapore Expo November 15-17 2000 The ONLY Event in Asia where Media Joins the Broadband Revolution! It's ALL new media The conference addresses the triple play of Video, Internet and Telephony. The ALL New Media Show incorporates the latest issues in relation to investment in dot.coms, delivery of multimedia applications,
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    • 8 8 Grow Your CPF With eiBht >I< 'I .s
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  • SINGAPORE news
    • 526 9  -  But fewer expect better business in next 6 months: EDB survey By Kalpana Rashiwala MANUFACTURERS are generally more optimistic about activity and employment in the fourth quarter than they were for the third quarter, the Economic Development Board's latest business expectations survey shows.
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    • 289 9  -  on the economy money supply By Ling Su Ann SINGAPORE'S money supply continued to shrink in September, with the broad aggregates M 2 and M 3 posting year-on-year and month-on-month contractions. And analysts do not expect a turnaround before next year. Figures from the
      Source: MAS  -  289 words
    • 436 9  -  By Cheah Ui-Hoon and Parvathi Nayar THE Preservation of Monuments Board (PMB) has introduced a new category of monuments to encourage building owners to see their property in cultural and heritage terms. The new National Monuments (category 2) takes a practical and flexible approach.
      ARTHUR LEE  -  436 words
    • 270 9 The utility has no plans to obtain a telecoms licence Reuters SINGAPORE Power yesterday said it would consider leasing its power cables to telecommunication operators if trials on providing information services through its network proved successful. Teo Heng Lam, general manager ol
      Reuters  -  270 words
    • 373 10  -  Testing next year; loyalty programme coming; limited free rides in new taxis By Christopher Tan SINGAPORE'S largest taxi operator, Comfort Transportation, may harness new technology to allow commuters to pay fares via mobile phone. General manager Yang Ban Seng said yesterday the
      373 words
    • 299 10 Service will initially be available in 21 countries STARHUB Internet yesterday announced the introduction of its managed Internet Proto-col-Virtual Private Network, or IP-VPN, with partners iPass and Intel. Intel will provide the hardware while iPass will provide the remote access network of more
      299 words
    • 234 10  -  rm bag Simon Cheong I REFER to the article "Simon Cheong eyes banks' assets" (BT, Nov 1). Concerning the divestment of non-banking assets by local banks, the article correctly attributes to me a remark that "I think it's a very big opportunity.. .But
      234 words
    • 432 10  -  Lai Voon Min I AM extremely disappointed with the customer service of American Express Credit Card (Amex). I have been a customer of Amex for a long time and am holding both the charge card as well as credit card. Being a pretty frequent
      432 words
    • 215 10 Service allows CPF statements to be called op at a bank CENTRAL Provident Fund members can now request their CPF statements be sent directly to banks or financial institutions via the Internet. This will be done through a new Web service that
      215 words
    • 138 10  -  Lee, Ghee-Tat I REFER to the article "Estate agents to discuss ERA move to slash resale fees" (BT, Oct 31). The Institute of Estate Agents' guideline of charging a 2 per cent commission against the seller and one per cent against the buyer
      138 words
  • Page 9 Advertisements
    • 159 9 DANIEL ROTH I Chronograph Automatic Roth's distinctive style has been perpetuated in this chronograph: an elegant blend of technology and tradition." 'Wm fl *mh*- MEMfMI ii a mill aE a| m l Prestige Precision Distinctive Precise mechanfrn* measures time to the 10th of a second. Integrates the hourt, minutes and
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  • Page 10 Advertisements
    • 1934 10 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons In the Matter of Number 1610 of 2000 Pan Pacific Public Company Ltd (RC No. *****0202G) And In the Matter of The Companies Act, Chapter 50 (Revised Edition 1994) SCHEME OF ARRANGEMENT under Section 210 of the Companies Act,
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    • 65 10 We welcome fettws. E-mail us at btletterQ sph.com.sg or fax Mat *****71, or write to: The EBusiness Times, Times Houae, 390Kim Seng Road, Singapore*****s. We need your fuH name, address and teiephone number, so we can verify It came from you. Please use temperate language, and bear In mind libel
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  • e-NEWS
    • 721 11 NEW YORK Deal takes other labels by surprise, signals days of free music on Web are numbered LAT-WP BERTELSMANN AG, one of the world's largest music conglomerates, announced a strategic alliance with Napster Inc on Tuesday in a deal that strengthens the recording industry's grip on
      LAT-WP  -  721 words
    • 317 11 NEW YORK IBM nnveils software to increase number of remote functions Reuters INTERNATIONAL Business Machines Corp yesterday unveiled new software technology it said would help business users wirelessly tap into corporate databases and functions on handheld devices. The software, known as Superior Wireless Applications, or SWAP,
      Reuters  -  317 words
    • 381 11 TOKYO Reuters AMAZON.COM Inc, the number one Internet retailer, unveiled its Japanese site Amazon.co.jp yesterday in an aggressive push to crack open Japan's cosy book retailing market. In its first retailing venture in Asia, Amazon will offer a selection of 1.7 million
      Reuters; AFP  -  381 words
    • 289 11 REDMOND, Washington Move will fuel future growth of company, says official Bloomberg MICROSOFT Corp, which is shifting its business to focus on software delivered as a service over the Internet, unveiled three new electronic commerce services designed for small businesses. The services, two of which
      Bloomberg  -  289 words
    • 256 11 NEW YORK FT GLOBESET, the Texas-based supplier of Internet secure purchasing software to both the MasterCard and Visa credit card networks, has laid off almost all its 300 staff and closed its international offices after a cash crisis. The privately
      FT  -  256 words
    • e Briefs
      • 57 11 Reuters [NEW YORK] Chailes Schwab Co said on Tuesday it struck a multiyear global pact with America Online Inc giving the financial services Arm prominent placement on AOL's redesigned personal finance Web channels. The programme will initially roll out in the US and expand
        Reuters  -  57 words
      • 53 11 Bloomberg (MOUNTAIN VIEW, California] Shares of Rambus Inc, which licenses patented designs for computer memory chips, fell 16 par cent after Electronic Buyers' News, a trade magazine, said No 1 computer chip maker Intel will drop Rambus DRAM from every computing platform except high-end workstations
        Bloomberg  -  53 words
      • 72 11 Bloomberg [TAIPEI] Via Technologies, the world's No 2 computer chipset designer, said it will make a chipeet enabling high-speed memory chips to be used with Intel's Pentium 4 processor, possibly without permission from the No 1 chipmaker. Via plans to introduce its PX266chipset supporting
        Bloomberg  -  72 words
      • 65 11 Reuters 1 [CLINTON, Mississippi] World Com Inc, the No 2 US long-distance phone company, yesterday trimmed its revenue and profit outlook and blamed the reduction in part on pricing pressures. It expected fourth-quarter revenues from its World Com data and Internet unit and from its MCI
        Reuters  -  65 words
  • Page 11 Advertisements

  • EDITORIAL & opinion
    • 818 12  -  bottom line OPINION g panicker The writer is a journalist with BT's Foreign Desk IRAQ will start using the euro instead of the US dollar soon as its main source of hard cash through the United Nations-approved oil-for-food programme, which allows the country
      818 words
    • 91 12 'One of the most important things in politics is to be able to laugh at yourself. Governor Bush recognises it's important to have a sense of humour in politics.' -SotttHcChDii spokesman/or Republican presidential candidate George W Bush, on why he appeared on David Letterman. 'It's fairly obvious
      91 words
    • 599 12 EDITORIAL REPORTS that President Abdurrahman Wahid has decided to replace the chairman of the Indonesian Bank Restructuring Agency (Ibra), for the second time within 11 months, is a sure sign that things are not going well at all Ibra, the most powerful economic institution in Indonesia,
      599 words
    • 873 12  -  Both Gore and Bush are avoiding saying anything substantial about immigration and an ageing population By Robert J Samuelson The Washington Post Writers Group ONE of the enduring questions about democracies is whether they can prudently prepare for the future that is, whether they
      The Washington Post Writers Group; AFP  -  873 words
    • 853 12  -  COMMENTARY The index has correctly forecast 22 of the 25 elections since its 1897 debut By\ Floyd Norris NYT THE verdict of the Dow Jones Industrial Average is in, and it says A 1 Gore is headed for the White House. The Dow closed
      NYT; AFP  -  853 words

  • MALAYSIA news
    • 436 13 KUALA LUMPUR Plan seen as introducing M'sia to a new set of clients AP MALAYSIA'S plan to borrow money in euros announced on Tuesday is a rare move in Asia that will be closely watched by other countries in a region hungry for capital. If
      AP  -  436 words
    • 307 13 KUALA LUMPUR Exports hit highest-ever BMMMijinniKKii 8.4% GDP growth in 2000,13% in 2001 AP Reuters MALAYSIA'S trade surplus surged to RM6.I bUlion (Ss2.B billion) in September from the previous month on stron-gest-ever export figures, the statistics department said yesterday. The surplus widened 28 per cent from
      AP; Reuters; FILE PHOTO  -  307 words
    • 195 13 KUALALUMPUR AFP MALAYSIA'S central bank yesterday said the minimum paid-up capital requirement for insurance companies would be doubled to RMIOO million (Ss46 million) from June 30,2001. Bank Negara Malaysia said it was important for insurers to increase the size of their capital base to enable them
      AFP  -  195 words
    • 122 13 [PETALING JAYA] Malaysia's central bank has acknowledged the problem of easily-torn RM2 notes and is in the process of resolving it, The Star reported yesterday. It was responding to public complaints on the low quality of the RM2 notes which many claimed would frequently
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  • Page 13 Advertisements
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  • REGIONAL news
    • 427 14 MANILA Central banker warns foreign fond inflows have all bnt 'dried np' AFP THE Philippine economy could fall into recession next year unless the corruption scandal rocking President Joseph Estrada's government is resolved, the central bank governor warned yesterday. Foreign fund inflows
      AFP; AP  -  427 words
    • 545 14  -  Intervention talk, Akbar's backing for Gus Dur spur gain From\ Shoeb Kagda in Jakarta INDONESIA'S embattled currency staged a remarkable recovery yesterday after five straight days of losses but financial markets remained bearish on the rupiah's medi-um-term outlook. The rupiah rose more than
      545 words
    • 271 14 JAKARTA AFP INDONESIAN prosecutors said yesterday they wanted to jail the youngest son of former president Suharto today, despite his appeal against an 18month sentence for corruption. But lawyers for the 38-year-old businessman said he would not show up because he was awaiting word
      AFP  -  271 words
    • 565 16 Indon president appeals for calm and denies rift with Parliament JAKARTA Reuters EMBATTLED. Indonesian President Abdurrahman Wahid, his leadership under increasing attack including calls for him to quit yesterday issued a message to the country appealing for calm and denying a rift with
      Reuters; AP  -  565 words
    • 426 16  -  From i Audrey Tan in Hongkong FINANCIAL Secretary Donald Tsang said yesterday that the government would consult legislators and the public on new taxes in the middle of next year, sending his clearest signal yet that taxes would be raised
      426 words
    • 325 16 BANGKOK Reuters THAI Prime Minister Chuan Leekpai indicated yesterday that the next general election would most probably be held on Jan 6. Mr Chuan told reporters after his meeting with Thailand's Election Commission that he would dissolve Parliament next week and
      Reuters  -  325 words
    • 265 16 TAIPEI Lin Tzong-yeong will also hold the post of vice-finance minister Bloomberg TAIWAN'S cabinet named Securities and Futures Commission chairman Lin Tzong-yeong to the posts of ViceFinance Minister and manager of the NT$5OO billion (5127.1 billion) stock market stabilisation fund. Mr Lin
      Bloomberg  -  265 words
    • 225 16 ■HONGKONG Deal expected to be struck with banks before February AFP HONGKONG-based telecommunications and Internet firm Pacific Century CyberWorks Ltd said yesterday it was in talks with a syndicate of banks to refinance debts of US$4 billion. A deal is expected to be
      AFP  -  225 words
    • 795 17 Bodyguards and bullet-proof vehicles are part of daily life for President Estrada's accuser, Governor Luis Singson. AP [MANILA] Luis Singson is used to living with danger. He has survived quintuple bypass surgery and—he says—escaped six assassination attempts. He keeps piranhas and poisonous snakes and travels in a heavily
      AP  -  795 words
  • Page 14 Advertisements
    • 111 14 for the New Millennium. l\lo lj JT^ MKf' sjk A STEP AHEA*|,^Oltipy#V^ife^^M^l How there's a better GSM alternative in Batam. proXL is the Indonesian GSM network that offers better voice aualitv with more International and domestic roamina options; You'll be EiftAaflKil.; 1, 9 sr> Daum Boutique: Paragon Ground Floor #01-16,
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  • Page 15 Advertisements
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  • Page 16 Advertisements
    • 744 16 Mr HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) CHANGE OF NAME AND NOTICE OF BOOKS CLOSURE The Board of Directors of Hai Sun Hup Group Ltd ("HSH" or the "Company") pleased to announce that on 19 October 2000, the name of our wholly-owned subsidiary, Island Shipping
      744 words
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  • Page 17 Advertisements
    • 121 17 In projecteyeball. today... $Q 006 crash hi Taipei What happened? The blame game has begun... quietly. And there seems to be some subtle Hi finger-pointing going on. Then again this is perhaps not surprising, considering at stake.... Why did the pilot take off despite the bad weather? Nli W Did
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  • SOUTH asia
    • 344 18 NEW DELHI It was Babbitt who helped workers bay a majority stake in United Airlines Bloomberg RANDOLPH Babbitt, who helped workers buy a majority stake in United Airlines Inc, the world's biggest carrier, may help Air India Ltd pilots in
      Bloomberg  -  344 words
    • 212 18 SRINAGAR, India AFP INDIA is planning to set up a cable car system to link army posts on the Siachen glacier known as the world's highest battlefield, local press reports said yesterday. "A number of aerial cables will be
      AFP  -  212 words
    • 348 18 NEW DELHI Processing centre to be 1 of 2 or 3 worldwide to handle global back-office work Reuters STANDARD Chartered pic said on Tuesday it would invest US$B million (Ssl4 million) in a processing centre in the south Indian city of Madras to
      Reuters  -  348 words
    • 73 18 [BANGALORE] A worker giving final touches to a sign outside an exhibitor's pavilion at the IT. Com2ooofair in Bangalore on Tuesday. This southern Indian city also known as the IT capital of the country will be playing host to the annual Internet Exhibition
      AFP  -  73 words
    • 186 18 BANGALORE Reuters INDIA'S software exports in the first six months of2ooo/01 (April-March) were 131 billion rupees (Sss billion) compared with 80.60 billion rupees in the same period a year earlier, an industry official said yesterday. "Which means we have already done US$2.B6 billion in
      Reuters  -  186 words
  • Page 18 Advertisements
    • 1630 18 1 KB* I RHB FINANCE LTD (Incorporated in Singapore) BALANCE SHEET AS AT JO JUNE 2000 (O Fixed .not. and deprocMtoff 7 IMPOSTS WITH FINANCIAL INSTITUTIONS 2000 IMt 2000 IMt Fixed assets vt stated at cost less depreciation which is calculated on the straight-line method to M write down the
      1,630 words
    • 13 18 TODAY© 1k ptianhe Zaobao 3Nnii (feeitt? Mahathir met low-profile businessman Willi is he
      13 words

  • WORLD news
    • 529 19 SEOUL Come np with a viable reform programme or face court receivership, it's warned AFP CREDITORS have set a Friday deadline for South Korea's largest civil engineering firm, Hyundai Engineering and Construction Co, to present drastic reforms or face court receivership, bank officials
      AFP  -  529 words
    • 398 19 LOS ANGELES AFP AL Gore and George W Bush on Tuesday opened their final arguments to faithful supporters and undecided citizens seven days before US voters render the final verdict in their hotly contested White House race. As the candidates made a grueling
      AFP  -  398 words
    • 303 19 NEW YORK Reuters THE Nasdaq Stock Market may be angling for a connection with the London Stock Exchange (LSE) in the wake of the collapsed merger agreement between the LSE and Deutsche Boerse, the Wall Street Journal reported in its electronic edition on Tuesday.
      Reuters; AP  -  303 words
    • 365 20 Income rises to 591 m euros from 67m euros in the same period last year Bloomberg [FRANKFURT] Deutsche Bank AG said third-quarter profit rose almost nine times as last year's purchase of Bankers Trust Corp boosted investment-banking earnings. Europe's biggest bank said net
      Bloomberg; AP FILE PHOTO  -  365 words
    • 514 20  -  CGNU withdraws from the Lloyd's market with the sale reported to be for jnst £10m From Neil Behrmann in London WARREN Buffett, the billionaire American investor, has entered the historic Lloyd's of London insurance market. His investment company Berkshire Hathaway has
      514 words
    • 411 20 TOKYO Reuters EMBATTLED Japanese Prime Minister Yoshiro Mori, his popularity sliding, came under harsh attack yesterday from a chorus of opposition leaders questioning his qualifications in Parliament. Mr Mori's troubles were exacerbated when a senior executive
      Reuters  -  411 words
    • 606 20  -  From Anthony Rowley rn Tokyo JAPAN and Iran last night signed an accord giving Japan first rights to negotiate access to the world's largest undeveloped oilfield a move that promises to improve energy security for Japan and to elevate Japanese companies to the
      AFP  -  606 words
    • 408 20  -  It's keen to join WTO as early as possible, bnt not at any price Froml D Ravi Kanth in Geneva RUSSIA yesterday ruled out ftilly liberalising its financial services sector in its bid to join the World Trade Organization (WTO). "We are
      408 words
    • 129 20 NEW YORK Reuters US manufacturing activity contracted for the third straight month in October, offering fresh evidence that America's industrial sector is slowing, a report showed yesterday. The National Association of Purchasing Management's (NAPM) index of manufacturing activity stood at 48.3 in October compared
      Reuters  -  129 words
    • 640 21 WASHINGTON Economists continue to expect Fed to hold the line on rates right into 2001 Reuters THE Federal Reserve and the US Treasury on Tuesday sounded their most hopeful notes yet that a round of interest rate rises has successfully set
      Reuters  -  640 words
    • 354 21 NEW YORK Deal being reviewed given current market environment Bloomberg HEWLETT-PACKARD Co chief executive Carly Fiorina said the company is re-evalu-ating its possible purchase of PricewaterhouseCoopers' consulting arm, including the US$l7 billion to US$lB billion (5529.7-31.5 billion) price tag. The company said last month
      Bloomberg  -  354 words
    • Article, Illustration
      653 21 See those guys on the green? They play for cash, and they're rich. And as long as pro golf stays as hot as it is now, they're gonna get even richer. No wonder they're laughing NYT [ATLANTA] A month ago, before Notah Begay in had played East Lake
      NYT; REUTERS  -  653 words
    • 383 21 NEW YORK FT PROCTER Gamble said on Tuesday sales in its next quarter would be worse than expected, with bottom line earnings hitting their target only because of product disposals. The US consumer products company, still recovering from a turbulent year that has
      FT  -  383 words
  • Page 19 Advertisements
    • 154 19 Since 1975 our worldwide staff of over 275 multi-disciplined professionals W fjjjj including lawyers, chartered accountants l J? chartered secretaries and bankers have j k w provided confidential and cost effective v jM company formation in all the major low Incorporation Fees from USSSOO The world's leading Florence Nathnn Offshore
      154 words
    • 305 19 Breakthrough: An IBM-Microsoft deal put me in touch with my suppliers. Mm I R esu 't Consistent delivery to my customers. And my bank manager. I kind of deals. That's why we put them together. Netfinity 3500 M2O *2,999 So Microsoft Exchange now has up to 50% discount m on
      305 words

  • Page 20 Advertisements
    • 90 20 ULTIMATE INDONESIAN PRODUCTS l FIRST HAND ALL ORIGINAL INDONESIAN PRODUCTS I I"" I I INDONESIA l^H CONSUMER I I 2-6 November 2000 BSESiaRQB pj HALL 3A WORLD TRADE 4 Products year ACT NOW RIJBHH —-*ij Buy as man y of our JjJ low-priced goods as |MM|||j|M||^ r Hfl you would
      90 words

  • Page 21 Advertisements
    • 184 21 F| I > T, Wirt P^V v A V v/ i^^| FORTIS SPACEMATIC ECO THE ADVANTAGES OF THE AUTOMATIC WINDING FOR A MECHANICAL MOVEMENT COMBINED WITH THE PRECISION OF THE OUARZ CONTROL A FORWARIMOOKMG SYMBIOSIS. IT TRANSFORMS KINETIC ENERGY ON THE WRIST OF THE PERSON WEARING THE WATCH INTO ELECTRICAL
      184 words

  • Page 22 Advertisements
    • 3375 22 (NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I mm I [Ml urrn enbmeerins itd L3KJ ■j (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING I resolution i Amendneeets to the Articles ef Association ef the Company IT WAS RESOLVED THAT the Articles of
      3,375 words
    • 187 22 In the Matter of Tha Companies Act, Cap. 50 And In the MaNer of I. WIPA INVESTMENT PTE. LTD. 11. WIPA DEVELOPMENT PTE. LTD. (In Creditors' Voluntary Liquidation) As mm f 1 1 ana ml Ai on cxvrooromory vjp*n*rai rviofnng or the members of the abovenamed Company, duly convened and
      187 words

  • FINANCE & commodities
    • 293 23  -  SOX Derivatives TYaJIngReport ST Index/MSCIS'pore Index Lau Chee Keong SINGAPORE stocks rose yesterday as Nat Steel Electronics posted its biggest gains ever after Solectron Corp agreed to buy the company at a premium. The Singapore Straits Times Index gained 63.47 points or 3.21
      293 words
    • 226 23  -  MSCI Taiwan Index Lau Chee Keong THE Taiwan stock market extended its losses as the political crisis worsened yesterday. The sharply higher Nasdaq overnight did not prevent the market from tumbling further. The MSCI Taiwan index, which had fallen 10 per cent over
      226 words
    • 159 23 ENERGY REPORT Reuters [LONDON] Oil prices simmered comfortably above US$3O a barrel yesterday after a surprise drop in US fuel stockpiles fanned fears of shortages this winter and pushed the Organisation of Petroleum Exporting Countries' (Opec) latest production increase to the backburner.
      Reuters  -  159 words
    • 315 23 Reuters London THE euro rose against the dollar for a fifth consecutive day yesterday, its longest rally in a year, buoyed by signs of slowing US growth and wariness of euro-supportive intervention. Speculation growth in the euro zone could be overtaking that in the US sent the euro
      Reuters  -  315 words
    • Article, Illustration
      1053 23 PTTBBBAMg CROSS RATES Novi M C$ fO 6w Ffr tm m Irtlhfcl* Til iw M *Z$P*ts Hat SS tmt Sfr N7$ 8att W> Aetna* 0.796 4.335 0511 4.009 1195 4073 24.433 47.7*9 0.567 5.934 1995 13* 29.905 26.640 0.9M 3.925 0.932 16.903 22.798 0259 0.522 Cmdl 1257 5548 0.768 5.038
      1,053 words
    • 1732 23 SICOM FUTURES Novi RIMER (futons dosing as «t 5.30pm) RSS1CONTRACTtS cwitVk?) dm H*M OpM Mowni m U« Salt 9mm Dec 00 NIOO £8 88! i Mar 01 nr.oo RSS 3 CONTRACT (US cntsAQ) *<**• OPM MbUi Mob tm Sttt (two fctwut OK 00 64.00 M95 Jan 01 M.75 3320 Fab
      1,732 words

  • STOCKS east asia
    • 2767 24 HONGKOMG AFP yiHmgScng +453J7 HONGKONG share prices rose 3 per cent yesterday on bargain-Jiunting following overnight gains on Wall Street, dealers said. The key Hang Seng Index gained 453.67 points to close at 15,349.01 on a turnover of HK512.86 billion. Dealers
      AFP  -  2,767 words
    • Article, Illustration
      915 24 Reuters. *0.75 CHINA'S hard currency B shares erased morning losses and closed higher yesterday as investors took cues from rises in other Asian markets, analysts said. The Shanghai B share index ended up 0.87 per cent at 70.15, although turnover dropped to U5514.52 million from U5530.48 million on Tuesday.
      Reuters.; Source: Cr Ly Securities (Asia) Ltd  -  915 words
    • 358 24 AFP □wp Index -***** TAIWANESE share prices closed 2.1 per cent lower yesterday on concern at a concerted bid by opposition parties to impeach President Chen Shui-bian, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 119.16 points to 5,425.02, on turnover of NT541.56 billion. Decliners led risers
      AFP  -  358 words
    • 1994 24 TOKYO AFP QffikkajHS ****** SHARE prices in Tokyo jumped 2.3 per cent yesterday as investors snapped up high-technology issues on the back of a rally by Wall Street's Nasdaq Composite, brokers said. The Tokyo Stock Exchange's Nikkei--225 index gained 332.79 points to close at
      AFP  -  1,994 words
  • Page 24 Advertisements

  • STOCKS klse
    • 374 25 AFP Composite Index *517> MALAYSIAN share prices closed 0.8 per cent higher yesterday on support from local funds after steep losses in the past two days, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 5.76 points to finish at 758.12, off
      AFP  -  374 words
    • 8171 25 ConsjMiwf prefects 2000 Last Vol Day Nat Cap High Law Company Sala 'OOP High Low P/E %nM 420 310 Ajinomoto 340 18.6 1378 '156 46 Angkasa 48 -1 18 48 47 70.8 670 290 Apollo Food Hlg 418 -2 1 418 418 9.1 167.2 3825 2700 BATSOc 3300 -175 3306
      8,171 words
  • Page 25 Advertisements
    • 74 25 i tt&MRfIHL. JUL B HOME IN ON HDfS 1 I f I Siun, I ggyiiiKji-wwir I I ■am'*" I 11 I y 1 IT jpsu I I i3usutrrr«SKs' 'CT,- r :r i!wwMWHiP Kjil 1 1 *****111 g I. iij IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help
      74 words

  • SGX clob & regional stocks
    • 2241 26 BONDS WARRANTS a^_/ n Mi fmml Upfcy U (H I Last M taf MM kn Cm* Urn Mk Mk Nmi u» c«t m» ««r- mn u» —>» w <—■»» w» gt tm*m* uw 51.5 3.5 Acma W*****4 5.5 -0.5 177 6.5 5.5 5.5 6 5 410 1 300 Zn H*
      2,241 words
    • Article, Illustration
      739 26 AFP H SETMat +7J3 THAI stocks gained 2.9 per cent yesterday in a positive reaction to the Cabinet's approval of a US$l.2-billion economic stimulus package, dealers said. The Stock Exchange of Thailand (SET) main index gained 7.93 points to close at 279.77 points, and the SET 50 index added
      AFP  -  739 words
    • Article, Illustration
      651 26 AFP POwnpoatelalc +4,01 INDONESIAN share prices closed one per cent higher yesterday led by cigarette firms, with the strengthening rupiah boosting broad market sentiment, dealers said. The Jakarta Stock Exchange Composite Index closed up 4.01 points at 409.36 on a volume of 363 million shares worth 274.99 billion rupiah.
      AFP  -  651 words
    • 266 26 AFP n«8M0 -2.40 NEW Zealand's stock market was yesterday largely unmoved despite Air New Zealand warning of lower profits and Tranz Rail rising after its competitor threw in the towel. The NZSE-40 Capital Index finished down 2.40, or 0.12 per cent, at 1,927.04 on turnover of NZ$llB.6 million. —AFP
      AFP  -  266 words
    • 540 26 AFP QAflOrdmarieß +2&30 AUSTRALIAN share prices rose 0.6 per cent yesterday, buoyed by a surge in key blue chips and continuing strength in the resources sector, brokers said. The All Ordinaries index ended 20.3 points higher at 3,224.20 while the SP/ASX 200 added 22.2 points to 3,276.8. Turnover totalled
      AFP  -  540 words
    • 312 26 AFP rl Composite Index +34^8 SOUTH Korean shares rose 6.7 per cent yesterday with the index up 34.28 at 548.76. Volume was 364.2 million worth 2.2 trillion won. —AFP it I inn Arum Stmt 5950 730 Brain Tact) 590 10 Central Bank 170 unch Da* Cu Bank 2090 -10
      AFP  -  312 words
  • Page 26 Advertisements

  • 8992 27 SGXMAINBOARD Transaction date: Nov 1 Or Or M Wt S2-Wk Last V* Day Last Ouote Mv Otv YM Nat Ca» HUh Law Campany Sate COOP) Law Buyr 8—r Cw P/t Mca MULTHNDOSTRY 163 75 m c Acma50c 82 *2.5 181 83 5 80 80.5 82 5 4J J
    8,992 words
  • Page 27 Advertisements
    • 64 27 Who is behind an Audemars Piguet watch? -2 5 AVAILABLE AT SINGAPORE: Regional Agent, Showroom ft Service Centre: AUDEMARS PIGUET (SINGAPORE) PRIVATE LIMITED. Cortina Watch Centre Pte Ltd 501 Orchard Road #03-10/11 Wheelock Place Singapore *****0. Tel: 2 38 6678 Fax: 238 6676. Raffles City #01-36 Tel: *****85 Lucky Plaza
      64 words

  • EXEC lifestyle
    • Article, Illustration
      814 28  -  The energetic Irish musical, revived by injecting modern day relevance into traditional fthing, the austere facade of the Dublin HfITIPP fnriTlQ lQ onf fn Theatre —a former railway station— 1U1111&, lO OCI IU i thoroughly incongruous with the pn thrsi 11 Qin nnro 9n O t opulence of Riverdance,
      FILE PHOTO  -  814 words
    • 630 28 Majestic cadenzas, quirky dance tunes and dark, proud chords rolling off the strings of fiddles and Eastern gadulkas this is music with a primitive yet sophisticated air. Could the man behind the music of Riverdance be equally compelling? Chatting to the composer above the din of
      630 words
    • 710 30  -  Absolutely not, insists creator J K Rowling By Elizabeth Mehren LAT-WP [NEW YORK] LAST month, sales of the four "Harry Potter" books hit 43 million. Already No 1 on every major best-seller list, the newest title, Harry Potter and the Goblet of Fire, also is
      LAT-WP  -  710 words
  • Page 28 Advertisements
    • 44 28 <f i ■■■■■■■■Mi thursday-sunday november 2-5 2000 kjbl^^bbi •itjmtf MHBfcIVV^^HIHHHMn mr mm* ■■■l|||H «B f®» I ,-JlWi 119 ÜBi stes- uio take cover this weekend > monsoon safety manual > bardot says ah > in the mood for love review > bead beat > wimpy nicholas tse > lounge singer
      44 words
    • 149 28 How far would you go to lock in freshness? Preserving your food shouldn't send a chill down your spine. Especially once you've discovered Whirlpool refrigerators. Packed with the freshest ideas, they now come with a free safe* too! Making it the safest way to keep your food under wraps until
      149 words

  • Page 29 Advertisements
    • 429 29 I I Where to wine, dine and entertains (q>&& Mfcr^ For lunch, you can enjoy our ever popular Japanese culinary flavour while for dinner, you can tuck in to a sumptuous selection of Japanese, Asian and Western dishes. And from 25 Oct to 12 Nov, also sample authentic Vietnamese fare
      429 words
    • 38 29 Shantou Cuisine live Neptune From 1 November 2000 Reservations: 224 3922 W?y catvoa* L J MUITH 313 Orchard Road, Singapore *****7 T...TT TW: *****11 HxTFll 2361 Ik (t- M j |> riiiu our! I v^y Peking Duck 71* each
      38 words
  • Page 29 Miscellaneous
    • 638 29 |"»i" > 'i''»'M^—OhM B.o° Survivor l (Ep 7) (See X3O Sejarah Dunia. IX3O AM In Conversation Eonn AM ViHc r o nt™i Q O c OurChoux). X3O Sajian: Kek Seantero (r). ame StnL? Tonight With Gurmit Dunia. LOO Headlines. ia m ulii* ij i /r» #-30 News 5 Tonight. 7.00
      638 words
    • 268 29 CRYPTIC CROSSWORD ACROSS 4 Cover for one taking the plunge IBe permanent or Just visit for a C B 7 u w few days (4,2,4) 5 A new rug had been given to 6 A place to go to when one is re- jSfoPS*: dtoputeaffl tked(4) 7 Glad Barney vw»s
      268 words

  • Page 30 Advertisements
    • 228 30 > w r .-»fc. Whether your business operation is the size of an MNC, SME or that of a home office, Fuji Stunning Colour Quality No matter if you're printing or copying documents, the text will be Xerox offers the widest range of colour network printers/copiers for your needs, all
      228 words

  • Page 31 Advertisements
    • 164 31 Mp la ■Pjlr L 9 i Kicking off the 8-page Exec Suite this week is a look at how properties are faring as investments compared to equities, and what are the choice picks for rental. Page 2 •>. s UtJik M:' y~r'*><- IVliirAf r 'aj sf:"\v.^Masstka& -V Some things play
      164 words
    • 25 31 Taking stock of your property investment Page 3 Sexy pinks bloom in the sun Page 6 Take note before buying a property Page 7 I
      25 words

  • EXECUTIVE Suite
    • COVER STORY
      • 1177 32  -  Though appreciation rate for residential property and stocks is close, the first category does better over longer term. MAWffiA CHEW finds out MARISSA CHEW THOSE with cash to invest could start shopping for residential property, but it may now be a different ball game from what
        Source  -  1,177 words
      • 715 32  -  By Marissa Chew SO you want to invest in a property. Your best bet would be a larger apartment in the prime districts of 9,10,11,15 and 21. "If you ask me, those are the investment grade areas," said Ong Beng Kheong, executive director of residential department at Jones
        AFP  -  715 words
    • PROPERTY
      • 1675 33  -  Of the $5.23b properly investment sales chalked up to date, the proportion of en bloc deals shows cooling down of the collective sales fever. But overall investment sales are expected to remain healthy in the next few months with more activity in the commercial market
        Source: ICF Research  -  1,675 words
    • BY DESIGN
      • 1114 34  -  For the little touches to add zest to living, CORINNE KERK checks out the myriad of choices from the rich look of Versace Home to the clean, contemporary style of Country Road Home CORINNE KERK CREATING the perfect look in the home requires attention to detail.
        PHOTOS OF CLUB 21 GALLERY, THE LINK HOME AND DONNA KARAN BY ARTHUR LEE  -  1,114 words
    • GARDENING
      • 1173 36  -  log And it's not just the flowers that have smiled at the dry weather; the hot spell also means a chance for sun-loving gardeners like TUUSM to keep themselves busy with projects such as repairing the lawn or trimming the tree branches THIEN HURRAH! It's time
        1,173 words
    • LEGAL MATTERS
      • 939 37  -  When buying a private property, it is useful to be aware of factors such as eligibility to purchase a private property, financing of a purchase and terms of sale. GBAN CHEN YEE takes you through some pointers in this new weekly column CHAN CHEN YEE
        939 words
      • 576 37 OEVELOPEfV OWNER OISTWCT LOCATION SIZE TjQjVjMLUMTO PWCE &TENUHE Mam''' AllgreenProp 3 SftfingBd $14-2,723 536 S13 i 780 V W River Place FEO 3 Havelock Rd 678-3,229 509 406 950 99-yr Caribbean at Keppel BayKeppel Land S.'\ KeppalBay 840-6,135 430 3ir V 860 99-yr JervoisJade GTS 9
        576 words
    • HOUSE hunt
      • 448 38  -  Sitting on a former warehouse site, The Sterling shakes off its blue-collar past to join other luxurious developments along the prime Bukit Timah stretch AMDREA TAN pays a visit ANDREA TAN IT used to be a warehouse for food and beverage group Yeo Hiap Seng's (YHS) products. But
        PHOTOS BY CHRIS LOH  -  448 words
      • 1371 38 PROJECT NAMEy PROP CONTRACT TENURE ftMJ-W PWCE PSf STREET NAME TYPE SATE LAND AREA* (SOFT) (SlOOGi (SS) District 09 Non-Landed Aspen Ht Apt QS/cioa 999 883 1060 1201 Caimhilt Ht Apt 05/09/00 FH 1281 958 748
        1,371 words

  • Page 33 Advertisements
    • 94 33 433-443 L RIVER VALLEY ROAD Temaaek I9lvr\ Land Area 1856.1 sm f My*** Ul \s\ (approx. 19,9795qft) I A\ RD Tenure Freehold °*Sa^ Planning "Residential" with Plot ratio Guidelines 2.8 and height subject to evaluation. f V\\ wN/fexVxA Great \jiSv Description Development site in the prime f /w- J' Vo\
      94 words
    • 69 33 A j-, PRIME FREEHOLD SITE 2/ WITH SEA VIEW FOR SALE BY PRIVATE TREATY I Siq view scn Land Area: 17,747.8 sqm (191,036 sqft) Planning Residential Zone, 2.1 PR V\ orod up to 20 Storeys ™ins drive to city via ECP/Nicoll Highway. Situated near to good schools, e- ao an
      69 words


  • Page 35 Advertisements
    • 100 35 > t ,m I lie Won SniH.ipori Ilu W'nit Mix I.hi. I oinlon •I lu Wmi ik.u i.t •I lu \suHi Ku.tl.i I nni|uii •I In Won I'mlnm: 'Up-mm; 4tli »,)u .'Odlt Si.iinlnul I hum IIn( tn Mmlt (n\ St.untold mill llicuiuldi'. li.ini;kok Si.imtoul <>11 r t ViliiJn M.ik.ui, \l.iml.i
      100 words

  • Page 36 Advertisements
    • 87 36 For Lease Seaview East Coast Apartments Ever dreamt of living close to the sea with waterfront views? Look to the East Coast up-market residential area of Meyer Road and Tanjong Rhu only 5 minutes' drive to the CBD Special promotion package available for limited period at: THE SOVEREIGN South-east orientation
      87 words
    • 115 36 For Sale by Tender 6-Storey Warehouse at 7 Tai Seng Drive With spacious show room "M office, excellent as corporate I building f «s Land area: 95,542 sq ft w* 9 Gross floor area: 218,866 sq ft [E&'- s W-'* High ceiling, good floor W loading and functional layout JTC
      115 words
    • 113 36 For Sale by Tender 6-Storey Building at Tai Seng Drive Land area:Approx. 41,054 sq ft Gross floor area:Approx. 101,156 sq ft JTC 30 30 years wef 1991 Ceiling height of 4.2m,f100r loading of 7.5KN/m 2 -15KN/m J With basement carpark loading bays Suitable as Data Centre or for IT/Infocomm businesses
      113 words

  • Page 37 Advertisements
    • 76 37 gw* \4 m§ mHI >*&*'' -<-\i /fih*Bf i k>' We welcome questions on legal issues pertaining to the sale and purchase of property. Please send your letters marked 'Executive Suite, Legal Matters Column' to btletter@sph.com.sg /^a| Condominium Development Site In West Coast V Site Area: 311,833 sq ft ijp?j>e¥»lopment Potential;
      76 words

  • Page 38 Advertisements
    • 144 38 T Mk A rk Leave the to us for a home loan 5^ a, that has a great vogue l^P I B jip w -V v" '-i a*. r "V Dm ywr txktfcn tome IMM veaKy Writ yen? For a smarter and more comfortable fit, take up a UOB Home
      144 words

  • SHIPPING TIMES
    • 278 39 Reuters THE dry cargo freight market saw increased rates for grain on the key US Gulf/Japan grain route, in an otherwise quiet day, brokers said. The Baltic Dry Index (BDI) rose one point to 1,759, the Baltic Panamax Index (BPI) shed two points to 1,631, the Baltic Handy
      Reuters  -  278 words
    • 282 39 m w a iw CWT Distribution 0.63 0.02 85 ChuanHup 0J9 001 3902 Coscolnvastmant—.0.19 0.03 262 Fright Links 0.15 iO.OI 410 CB Holdings 0.53 bnch 0 Hal Sun Hup 0.35 0.01 187 IMC HoMnqs-HK 5.60 unch 0 Jaya Holdinqs 0.17 0.01 1107 KappaiCorp 3.62 0.12 1702 KappaiFELS L11
      282 words
    • 445 39  -  THE IEVOZJ SUN SDfKXMG Bnt sinking still a mystery as wild accusations fly From David Hughes in London THE Italian-flag chemical tanker now lying at the bottom of the sea a few miles off Britain's Channel Islands had been detained in Holland
      AP  -  445 words
    • 158 39 Xinhua [ADDIS ABABA] The stateowned Ethiopian Shipping Linese (ESL) will build a dry port in the capital of Addis Ababa, some 600 km away from the Port of Djibouti, local weekly Capital reported. ESL general manager Ambachew Abreha was quoted as saying that
      Xinhua  -  158 words
    • 555 39  -  WEWBUmS m David Hughes LARGE crude oil tankers are prominent in this week's orders list. This reflects both current high, but volatile, freight rates and the need for modern double hull tankers to replace the seventies-built single hull ships facing mandatory phase-out within
      555 words
    • 511 39  -  Dredging of channel te depth of 16 metres crucial t« viability ef Nerthport By] Donald Urquhart [SINGAPORE] Malaysia's Northport Corp Bhd (NCB) has urged the Klang Port Authority (KPA) recently to undertake a RM6S million (Ss3o million) deepening of Port
      511 words
    • CMA-CGM expansion
      • 1057 40 French shipping line plans to increase services to the US from the Far East and to start its own US services Journal of Commerce FRENCH carrier CMA-CGM is planning a rapid expansion in the United States over the next several years. "The US is a big
        Journal of Commerce  -  1,057 words
    • 171 40 PACE Eastrans 6 tt Accord 6 ECL 4 c ECU Line 5/6/7 Assets 7 Evergreen 6 Austral 6 Sun Baiaii Stoo 5 Fl-U < 1*7 j GUnk 4 pu t Gemartrans 6 D lofMj M) O H||uJj 7 CCNI 7 Haniin 3 CMACGM 3 Haimo-A 4 5
      171 words
    • 15813 46 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Namker Number aaNMHMMMMnMHMnMWMNMMMNaMMNSNMaNMMMNMMMMMB M/n 24/n CMA CCM POND ADELAIDE 32S 65-*****00 To ABIDJAN (ABJ) 2003 Cote D'ivoire 24/11 W* Lioyd pond brisbane us
      15,813 words
    • SHIPS IN PORT
      • 763 49 Vessel Voy No Berth Arrival Departure East Lifter Pv265 'J? 01/11/7:45 02/0/5*0 Bt La Negara IT100 J01 01/11/8:30 01/11/20*0 Setamat Oct-01 J02 01/11/6:40 01/11/23:00 Winstar 2 41SOO J03 01/11/7:00 01/0/21*0 Budibahari2 Bb206 JOB 01/11/8:30 01/11/22*0 Bayswat erl6 M0266 J02 01/11/8:40 01/11/16*0 Royal Freigh 211 J02 01/11/9*0 01/11/17 JO
        763 words
      • 1860 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO BqoMm/Mmc* Rstts Ship Voy No Etb/Btr Nrlod frw T> ft— ACXCARNCT 0« VtOO M OI/BM OVMM 0VI9M OI/HOO OVUM m/noo 2A 01/1700 02/0*59 02/0900 a rn/rno 02/0«9 oyow 02/0700 02/MM 02/M00 AC* ULAC OBO 4/15 00 U OVBM OVBM 0V190C
        1,860 words
      • 155 49 Nov 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 80 Philippines: Bonifacio Day. USA: Thanksgiving Day. Doe 3 Japan: Culture Day. Dm 5 Thailand: H.M. The King's Birthday.
        155 words
      • 781 49 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead at 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 individual
        781 words
      • 527 49 Carlo* NO Mu 9912 0.6 15.4 0.09 51 0.05 Oct 19 Dtattty Water RmMm Ask AImMm SifciH NoabowE25 I 0 10 0 0 f %M/M 300 Aw 986.4 0J 13.5 0.06 27 0.02 Idm 380 Ita 9912 0.7 112 0.10 57 0.04 Mr* %1H »Mfr »M/li
        527 words
    • AIR & LAND transport
      • 459 50 Increases not justifiable, say airfreight forwarders AFP [KUALA LUMPUR] Malaysian airfreight forwarders yesterday described the doubling of handling charges at Kuala Lumpur airport as "daylight robbery" and said it dimmed hopes of making the airport a regional cargo hub. MASKargo Sdn Bhd doubled
        AFP; FILE PHOTO  -  459 words
      • 372 50 Reuters [TOKYO] US aircraft manufacturing giant Boeing Co said yesterday the Japanese aviation industry would need 990 new aircraft, including cargo planes, over the next 20 years. "While world air travel is predicted to average 4.8 per cent growth per year, Japan
        Reuters  -  372 words
      • 184 50 AFP [BEIJING] China lifted controls on airline tickets yesterday as the central government finally allowed domestic carriers to address rising world fUel prices, state press reported. The Civil Aviation Administration of China announced domestic carriers could raise prices by some 20 per cent or
        AFP  -  184 words
      • 461 50 AXRLDVE RESULTS It cites higher fuel juices and increasing competition Bloomberg [CHRISTCHURCH, New Zealand] Air New Zealand Ltd, the nation's largest carrier, warned that first-half profit would drop by about 50 per cent because of higher fuel costs and increasing competition.
        Bloomberg  -  461 words
      • 393 50 Bloomberg [TOKYO] Japan Airlines, Asia's largest carrier by sales, said first-half parent profit rose six fold from the year-earlier period as increased passenger numbers and higher prices more than offset higher fUel costs. The carrier said net income in the half ended Sept 30 rose
        Bloomberg  -  393 words
      • 51 50 AFP [SYDNEY] A China Eastern Airlines Airbus rests on a grass verge alongside Botany Bay, after skidding across the tarmac on landing at Sydney International Airport yesterday. The Airbus, en route from Shanghai, was carrying 190 passengers and crew, all of whom were evacuated safely.
        AFP  -  51 words
      • 2005 50 an FU6HT CIA FlIEMT n» 02JI gm MCUMMCty MM OS 50/***** 0990 .!uz ZZ soMn mk *W« m **M8t 0f»l mo 8*7382 2050 nfmn 1900 SO/VNT74 148 *5 H 8(743 1915 *1294 Btt *22J *f* AF295 AM H6 l £S2 H5 JMR 2M 8T749 *55 *0229
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  • Page 39 Advertisements
    • 3 39 expansion pa 2
      3 words
    • 476 39 United Pared Service (UPS) has appointed Mitt McGee as vice-president of marketing for UPS Asia Pacific Region. In this capacity, Mr McGee has overall responsibility for marketing, electronic commerce, advertising and public relations activities for the Asia-Pacific region. Prior to this appointment Mr McGee was business development manager for UPS
      476 words

  • Page 40 Advertisements
    • 195 40 Keep in Touch *t When you need answers fast: Whatever, wherever and whenever you ship between Australia, New Zealand, Asia, Middle East, Europe and North America, you're always in touch with NYK with Real-Time Shipping Information (global home page) www.nykline.com sUu jkAC"*® SENLIM AGENCIES PTE. LTD. 133, Now Bridge Road,
      195 words
    • 721 40 Lines services represented by frjSSjfA Member? of the Registry of Members of the felaS Iff Accredited Shipping Aoents, Singapore LogisHcs X»r>.y Singapore Shipping Association m Association g uvr um mali Ivissa vor eta I eta I iu P. KIAMG SPORE HALE Princess Lily VO6OO 13/11 U/11 21/11 M, Empress lily
      721 words

  • Page 41 Advertisements
    • 1172 41 SAX SERVICE (DIRECT) vtssa vor swra ux oak not hou or cot urn m. ntc Afl TURQUOISE 0371 18/10 02/11 07/11 07/11 07/11 07/11 07/11 07/11 M/ 11 00/11 API SARDONYX 0231 25/10 09/11 14/11 14/11 14/11 14/11 14/11 14/11 15/11 IS/11 APITOUtMAUNE 0381 01/11 16/11 21/11 21/11 21/11 21/11
      1,172 words
    • 1647 41 CistMMf Iti ohi HoHhm* HANJIN SHIPPING !ik l~ I U tMs Myn Urn -S*s *****30 MMUM SUPPING (S) rn lIP y» M». c- MXHUNG ?370?3S 737 SALES: *****74 731 DOCUMENT: *****71 774 OPEIATIOMS: ********** MAIN LIKE *****5S FAX: 53*1 MS NO: *****V*****M TO NW USA CANADA USA CANADA* mvn/vor bam
      1,647 words
    • 377 41 *2! SM Jff SIB m L., L/,. J. L., L,,, L., 17/ 7/l amuii m mi mi r 5O Is!! y/n 4M m/ii 112/11 ivii m/ii 17/n i7/ii uq jyii fizzij mi amg—si—m—w—mMKWSAII OISS 10/11 17/11 19/11 27/11 21/11 22/11 HWMMISHHIB 9S9S 17/11 Wl M/ 11 M/ 12 M/ll 21/11
      377 words

  • Page 42 Advertisements
    • 1495 42 C SENATOR LINES TO UK/CONTINENT TOMEUfIKKHANEANCANADA VESSEL VOY SIN La RIM ANR MM 6BV FU VtSStL VOY Si W K Wi M Wl PUNJAB SENATOR 0014W 31.1* 17.11 11.11 25.11 21.11 22.11 23.11 MSMA MOW 02 11 11.11 21.11 23.11 28.11 K. 12 TRADE MAPLE U32W #3 11 26.11 27.11
      1,495 words
    • 782 42 l-Ivv J QRNOKMmaiM v mmtfmitnm mmAwmm v v N POIANQ: (M) 28M596 BAHBKOft fMCQTItUffT SURABAYA: (SI) MKII P.KELAMa(OB)3eiaiT7 JKTg1)BBOO«6 KUCMWQ(PM)4a44»V4 BANGKOK HO CHI MIMH MV "XETHA BHUM" V.360N MV "DASHENG" V.404N ETA SIN: 5-11-2000 *TA SIN: 7-11-2000 BARCELONA AARHUS MV "VIU£ DC VINUS" V.348W MV "MING PUJM" V.044W ETA SIN:
      782 words
    • 661 42 EXPRESS CONTAINER FSDER FOR N.SHEVA (CFS MULUNO. MUMMICOLOMBO ALSO ACCEPTORS TO Ml NORTHERN MB WESTERN 1.C.0. POINTS Vend S PORE N. SHEW COLOMBO P.KLAN6 CAPE CANAVERAL VI3IW K NOV 14 NOV II NOV 24 NOV TULSIOAS V.IJS 12 NOV 21 NOV 25 NOV «1 DEC CAPE CREUS V.IISW II NOV
      661 words

  • Page 43 Advertisements
    • 1724 43 I VESSEL VOY KHH HKO I SIN PKL DXB BAB PMM BIK IRAN ISFAHAN PCL-179 31/10 01/11 04/11 03/11 12/11 13/11 IS/11 17/11 IRAN BAAKERI PCL-180 07/11 08/11 11/11 12/11 21/11 22/11 24/11 26/11 IRAN HORMOZGAN PCL-181 14/11 15/11 18/11 19/11 26/11 27/11 29/11 01/12 IRAN TEHRAN PCL-182 21/11 22/11
      1,724 words
    • 1145 43 TOi COLOMBO EVEKY MOMiAY I (f/f 14 MVS) J I GENERAL AGENTS IN SINGAPORE: 80 ROMNSON RD TEL: 226 1900 FAX: *****08 OUTWARD (8 A) *****02 JONORE OFFICE: COSTAR SHIPflNfi PTE LTD 112-00 SAUS/BKGS s *****57/43 inward DETMD/0) *****16 COSTAR AGENCIES (M) SDN BND CR NO: **********0 M SINGAPORE *****1
      1,145 words
    • 722 43 EXPORT IWPORT j ft *****111 111 111 111 1 cikm »i«aw "/'i Ism «/»'«/»'w/i'IbSBP"" 188 It/] I M/ll tj/il "/It I ifflUKQurti HI IHRUUNUyU i JwAMNMmBfK MKVICI J •*•>—Wkhmsmwn vmA—Mn WMWtai yii wumiim ma m k mt mflt cms vs wb hi ■ran mn a m e/it vtssa I voy
      722 words

  • Page 44 Advertisements
    • 1183 44 91 mmnAmAH/nu^KstA/tuttonsatms EXPORT vtgß/vowg leT cp Ivwlob Iwu |rdm |wv |n» |zh guossßfloyoMW ofc/ii iyii gyii 22/11 ?yii 2yii 24/11 24/11 27/11 jimedoomo* lyii 25/1127/11 21/11 01/12 ani 01/12 oyi; wi; puNawoowaai 11/11 01/12 oyrc 05/12 07/12 cy/12 01/12 i<yi? iJw«woa7Mowf VII 01/12 liyrcl2/12 jvg iyi2 iyi2l4/1217/12 nmrroo7l4l* ayi2 15/1217/12
      1,183 words
    • 700 44 YBSfl WT ij mT vissa I VOT I sw I jn Irw mmm. ««i ma] w/ii pint— I7W mi WMHW w__jnm qmT gsj jmieyir m—ism B/» I So f" fltnif/ ffij JMIBfi 2SL_JiU IMJ— lflflL WrfflM fife m Ml WtIMIHUM 3MW 07/11 11/11 I lUAIHUM 470S 01/11 10/11 12/11 I—
      700 words
    • 29 44 AMNCKSmiXD 39-1 NEIL ROAD, SINGAPORE OSM23 a NO. 13»*****000G Muara Kola Kinobalu Laboan Kuching Miri Bintulu *Sibu 'Also accepting project overlength/overwidth/ overheight cargoes to other Asian ports. Te1:*****89 Fax:*****16
      29 words
    • 541 44 INDONESIA NATIONAL LINE TO AUSTRALIA "1 RJLL COWTAINB< BCBVICE wr we m m m stp m m. m POMM Ml OM #1/11 11/11 13/11 15/11 U/11 *nm* iiT m/ii v/ii iyiT ii/iT S7n S/iT hmmiom as u/ii m/ii >i/Ti jt/TT »/TT oi7i?~ m.mm sis »/ii ri/ii 27/11 0/115/ ii M/ii
      541 words

  • Page 45 Advertisements
    • 485 45 BSA n MM MYANMA wBBk FIVE STAR LINE (Myaiinar National Um) W Loading for Yangon VESSEL VOY SM KL KM PGU DAWEI 14W SU> MONG LA 34W SID MALAYSIA AGENTS: OOUSTEAD SHIPPING AGDKKS KUL TTL 03-*****00 PKL TIL 03-3176*101 PEN: TEL 04-*****02 PGU: HI 07-*****21/4 BANK LINE (A service of
      485 words
    • 1481 45 HYUNDAI MERCHANT MARINE CO., LTD. IVISSR VOT SW SOU Ilal rw I <WT I HMI Iwv presa I VOY I SOU 1181 HM OUT how wv IMM HYANNUL 329W 02/11 20/11 25/11 22/11 23/11 HYMBON 32N W/10 14/10 11/10 12/10 02/11 max* oitw 03/n 24/11 25/11 19/11 21/11 mam on
      1,481 words
    • 825 45 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAVYUFT SERVICE" [VESSEL VOY EAJEP WIGHT SW IK MAO NUA SAV lAL ORF NYC NEW MOI TAMOU AHO22 4001 m 6.3 M "Tj7TT 10/12 11/12 21/12 23/12 24/12 *****" 28/12 02/01 06/01 TAMPA AHO23 4001 m 6JM 26/11 26/12 03/01
      825 words



  • Page 48 Advertisements
    • 67 48 Qjßm SINGAPORE PTE LTD #f s LINE 15 McCallum Street #03-01/02 Natwcst Centre Sinfapore *****5 Fax: (65) 2201)66 Email: feneraMecusln eailine.net website httpy/www ecuHne.net Direct Breakbulk/Container/LCL INDONESIAN PORTS Service to I Banjarmasin/Jambi/Palembang/ Matlila/Guam/Saipan Panjang/Pontianak/Perawan/Pekan Ban. Agems VdGnw Call: 220 3373 See Page y Dally STANDARD SHIPPING Wallenius AGENCIES PTE LTD
      67 words

  • Page 49 Miscellaneous
    • 121 49 LEGEND- Issued by Meteorological Service Singa|X)re f<£ Thunderstorm Rain Temperature wind direction and speed in knots "f 1 Weather Cloudy Day Hazy Sea Conditions Wind speed symbols r j < 2m O Full circle w/o line indicates calm or light and variable winds -j—-One hall fleche represents 5 knots 1
      121 words

  • Page 50 Advertisements
    • 109 50 ASIA WESTBOUND RATE AGREEMENT (AWRA) Business Programme for 2001 The Member Lines of the Asia Westbound Rate Agreement wish to give their Customers early advice in respect of their rating intentions during 2001 in the trade from Asia to North Europe. The AWRA Business Plan for 2001 is as follows:1
      109 words