The Business Times, 26 November 1997

Microfilm: NL21050
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023^12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, NOVEMBER 26,1997
    13 words
  • Article
    MARKET SUMMARY
    40 1 Dsj^uwT SjPf«BT»OOBt I ■<Tr r Iw» Tuesday Ohm* KlJKCOMt' MU7 a ware iMf7ji_.mii HANOaENQl—MJKJ4_-SMlM SKTWOKX MM -til JOATACOJIP 9MJ8 -I4JB lAMUqpMP MM TA/FHWPI 7,71ft* *tn saw, anr—mm -H.H CMAOIWAR „Ijltta 2US AOBT Ali.ORO MM.4 -17.7 I2an EST Omgc
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  • Article
    FINANCE
    43 1 mmm a z MP ijm t IJB7 UN BM IS74 MIS Yd in im IH3 W, MM $M7 IMS tot tS|7 WT- MB MM mmttm—_ur—MM maun wmm**—— M4 i KUALk LtTMWW •iAEAigt. ._Mu» WttMt I— ■MI»V. -.1 tUi ill (Source: NatWest Bank)
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  • Article, Illustration
    Lock icon UEM faces extra RM 1.7b Renong bill
    871 1  -  Anwar revokes waiver of mandatory offer to Renong's minority shareholders By Meera Tharmaratnam and R Sivanithy in Singapore CONSTRUCTION giant United Engineers (Malaysia) may have to fork out another 1.7 billion Malaysian ringgit (***** million) to mop up additional shares of its parent,
    Source: Blomberg  -  871 words
  • Article, Illustration
    Lock icon MBf's Loy dies after battle with cancer
    374 1  -  From Eddie Toh in Kuala Lumpur LOY Hean Heong, chief executive and major shareholder of Malaysia's largest finance company MBf Finance, died yesterday evening after a long battle with colon cancer. "Yes, he passed away," a spokesman told Reuters. She declined to disclose
    FILE PHOTO  -  374 words
  • Article
    Jakarta stocks slide 3.5% after clarification on S'pore loan
    395 1  -  Private sector likely to intensify lobbying efforts for a bail-out From S N Vasuki in Jakarta JAKARTA stocks fell 3.5 per cent yesterday as a senior central bank official clarified that Singapore's US$5 billion (SsB billion) standby facility cannot be utilised
    395 words
  • Article
    Indon loan can't be drawn now: Hu
    240 1 (SINGAPORE] Finance Minister Richard Hu yesterday reiterated that Singapore's US$5 billion (SsB billion) loan facility to Indonesia is a second line of defence supplementary to the International Monetary Fund programme, and said he does not think the Indonesian government can call on this
    240 words
  • Article
    Asia's crisis needs global response, including Europe: PM
    421 1  -  From Yang Razali Kassim m Vancouver AS Pacific Rim leaders stepped up their drive to tackle Asia's financial crisis, Singapore has proposed a prompt global response that will also involve Europe. Prime Minister Goh Chok Tong proposed this during breakfast talks between
    421 words
  • Article
    Tokyo's 5% fall knocks region's bourses
    181 1 {SINGAPORE] Tokyo stocks, Bpared the immediate backlash from Monday's collapse of Yamaichi Securities because of a market holiday, plunged 5 per cent in a massive selklown yesterday which sent regional markets reeling. Korean stocks were driven down for the third straight day on concerns
    181 words
  • Article
    Lock icon Dow dips 9.9 at noon EST
    65 1 Reuters [NEW YORK] Wall Street stocks drifted lower in midday trading yesterday after an opening surge as inveetors ttt relief that the overnight sell-off in Japan was lees than feared. By 13 noon EST, the Dow Jones Industrial Average was down 9.94 points at
    Reuters  -  65 words
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      101 1 PBBPB I K' W-MMMMM J The HBOined liquidity IQUBM Of tM pMt SIX beginning to axact a macro-toll, Pf 10 with Ststh ]CflPottA| DBB Bank, which has bean .the moat active among the -eiz Singapore banks in Joes syndication 4eali to fadeneaia and Sooth f U oomioroinie Wltil its Joan
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      12 1 No need to refer loan approval to court: A G, Pg 2
      12 words
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      65 1 J *"V•J' i i i M M Yellow, white and rose gold intertwined rings. PSve-set diamonds on one row. New (Election. X I 150 YEARS OF HISTORY AND ROMANCE Carder boubque/ Singapore Millenia Walk, #01-22/23, 9 Raffles Boulevard Tel 339 0183 Ngee Ann City, Tower B, #01 -11, 391 Orchard
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      13 1 MoreAp*e reports, Pg 7 Mere report* on Markets in Turmoil, Pgs 4, 6,8,9
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  • SINGAPORE AT HOME & ABROAD
    • Article
      S'pore, NZ exploring novel liberal air services pact
      429 2  -  Plan fa* 'plurilateral' pact to promote Creator openness in industry By< Catherine Ong SINGAPORE and New Zealand have started exploring a novel proposal for a liberal air services agreement that involves more than two countries. The idea of a "plurilateral" air services
      429 words
    • Article, Illustration
      Lock icon Govt will stick to MRT expansion plans: Mah
      330 2  -  Basic infrastrnctori investments always necessary: minister By i Christopher Tan THE government is sticking to its rail expansion programme despite the current regional turmoil, says Communications Minister Mah Bow Tan. Mr Mah, who officiated at the ground-breaking ceremony of the MRT North-Bast
      ERIC CHU  -  330 words
    • Article
      SM Lee leaves for Vietnam, China
      198 2 SENIOR Minister Lee Kuan Yew leaves today for a twoweek working trip to Vietnam and China. In Vietnam, his first stop, Mr Lee will review the progress of the Vietnam-Singapore Industrial Park in Ho Chi MinhCity. Then he will fly north to Hanoi to
      198 words
    • Article
      Income offers expat medical cover
      139 2  -  By\ Soh Tiang Keng NTUC Income has launched a worldwide medical insurance scheme to provide medical cover for Singaporeans working abroad and expatriates working here. This round-the-clock plan covers hospital care, organ transplants, emergency medical evacuation and repatriation, travel cost to and from place of
      139 words
    • Article, Illustration
      Lock icon Business costs see first fall since '96
      353 2  -  ETE OH THE ECONOMY Costs By Audrey Tan AN INCREASE in labour productivity helped push business costs down in the third quarter, leading the manufacturing sector's Unit Business Cost (ÜBC) index to fall for the first time since Ql 1996. Latest figures from
      Source: Dept of Statistics  -  353 words
    • Article
      Lock icon No need to refer loan approval to court: A-G
      195 2 The Straits Times THERE is no need to refer the matter of whether parliament and the president needed to approve Singapore's US$5 billion loan (SsB billion) offer to Indonesia to a constitutional court, Attorney-General Chan Sek Keong has confirmed. He noted
      The Straits Times  -  195 words
    • Article
      Pidemco buys London office site for £13m
      162 2 PIDEMCO Land has bought a commercial site in London for £13 million (Ss3s million) from UK insurer Norwich Union Investment Management Pidemco will redevelop the existing eight-storey building in Finsbury Square into a nine-storey office tower. UK developer StanHope will assist in the
      162 words
    • Article
      Adaptec investing $25m in new plant
      318 2  -  By. Annette Pau US-BASED Adaptec Inc will invest $25 million in a new manufacturing facility in Chai Chee that will boost production by 25-30 per cent when it is completed in 1999, company officials said yesterday. They were speaking to reporters at a groundbreaking
      318 words
    • NEWS Roundup
      • Article
        No special bonus for civil servants
        53 2 IN December, civil servants will receive their usual year i*1 pajmanli efcaa month pafrpensionable annual allowance and lvt months annual variable component Thia brings the year's AVC to a total of two months aa monfh has already been paM In July. There wifi be
        53 words
      • Article
        Diplomats present
        23 2 StoVEMA'aambaaaelir Vladimir Gasparic and the tiHgto Consmisatoner of Malaysia, Salim bin Hashim, presented their credentials to PisaMaiit Ong Teng Cheong yesterday.
        23 words
      • Article
        US embassy to close for Thanksgiving
        23 2 iwra a m mmm m a a in» American HoDtssy wui D6 cjomq ionjofTuw icr Thanksgiving Day.
        23 words
      • Article
        AA to raise vehicle inspection
        47 2 ——-jr- THE Aijfr—wofriy* Af+pctetinn V»ftfa»fci TnaparHnn fVmtrw fai Inrrsiting its inspection fcos from next Wefoeeday, in line with Singapore's other vehicle inspection centres. Fees fbr motorcydat will rtae to IIS. Peat Ibr cars, light goods vehicles and taxis will rise to ISO.
        47 words
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      159 3 -j?IF. 4H^^^^^|p|jP|Jp|[pj^pP^^P(^pp|Bpjp^|^ppj^|^pppßßpjJßßppßj^B^p^Bßppßß^j^BßM t~ >ww, t g^pp^pp^^y *jyj v^ r r^ v 3 ~jPJLI JHS!kNEL Jfcjfe ft *jf JM W %J§S 4tt& MLJ 4b c^ I^/^•■ qt- £ui& Hyatt Regency Mezzanin^Floor. Today Till Monday Only 11am Bpm In addition to our popular $1,000, 12,000, $3,000 and $5,000 selections, Mondial presents for
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Japanese won't need to be bailed out by IMF, says US
      272 4 Bloomberg [VANCOUVER] Japan is in no danger of requiring a bail-out from the International Monetary Fund, like those requested by Thailand, Indonesia and South Korea in recent months, Deputy US Treasury Secretary Lawrence Summers said. While Japan must reform
      Bloomberg  -  272 words
    • Article, Illustration
      Lock icon Nikkei drops 5% as Tokyo panics
      662 4  -  Growing pressure on govt to use public funds to shore up finance sector Reports by Anthony Rowley in Tokyo TOKYO stock prices crashed by a dramatic 5 per cent yesterday and the yen fell to a five-year low against the US dollar in the
      Source: Bloomberg; REUTERS  -  662 words
    • Article
      Lock icon Japan banks biggest lenders to S Korea as at end-96
      461 4 But their 24% share exceeded by combined exposure erf European banks BIS report Reuters [ZURICH] Japan's beleaguered banks had the greatest exposure by a single country to South Korea at the end of 1996, according to figures from the Bank
      Reuters  -  461 words
    • Article
      Yamaichi Investment hit by 105b yen fund cancellations
      294 4 Bat investment trust will continue white other units moll over their options THE fall-out from Monday's announcement of Yamaichi Securities' failure on the company itself was becoming very apparent by yesterday. Yamaichi Investment Trust Management said that cancellations of its money management
      294 words
    • Article
      Seoul may need as much as US$50b in IMF aid
      636 6  -  USs2ob may not be enongh to solve cnrrent crisis, says BOK governor By* Jennifer Veale and Louis Beckerling in Seoul SOUTH Korea suggested yesterday it would ask for as much as US$5O billion (SsBo billion) from the International Monetary Fund
      636 words
    • Article, Illustration
      Lock icon Some top banks in trouble: BOK
      397 6 KFB and Seoulbank likely targets for MIA: Morgan Stanley AFP [SEOUL) The central Bank of Korea (BOK) yesterday warned that some of South Korea's top five commercial banks were in danger of collapsing or becoming prime targets for restructuring. "The danger of insolvencies at
      AFP; Source: Bloomberg  -  397 words
    • Article
      Lock icon S Korea's chaebol to scale back expansion plans
      513 6 Execs worry IMF will make tough demands for bail-out Bloomberg (SEOUL] South Korea's biggest companies, the sprawling conglomerates known as chaebol, said they will scale back plans to expand as the country prepares to trade away years of economic growth for a
      Bloomberg  -  513 words
    • Article
      Lock icon Seoul tries to stem mini-run on banks as stocks tumble
      259 6 AFP [SEOUL] South Korea's Finance Minister yesterday tried to stem a mini-run on banks here as stock prices tumbled and interest rates soared in panic over retrenchment measures tied to an IMF rescue package. "Please keep dealing with banks. Depositors
      AFP  -  259 words
    • Article
      Lock icon Why China has stood firm amid turmoil
      668 8 A difficult to convert currency helps cushion it from speculative attacks LAT-WP (BEIJING] As Asia's oncebooming economies continue to stagger and slide, one big question remains to be answered: Will China be next? At first glance, economists see that China's swelling economy has
      LAT-WP  -  668 words
    • Article
      Asean impressed by our damage control: Taipei
      346 8  -  Some may send teams over to learn from us, say officials By Bruce Cheesman in Taipei TAIWAN claims it has received top marks from senior South-east Asian government officials for its damage control during the currency and stock market meltdown. Several Asean leaders
      346 words
    • Article
      Lock icon Financial institutions still sound: Anwar
      115 8 Bernama [SEREMBAN] Malaysia's t)eputy Prime Minister Anwar Ibrahim said last night that financial institutions in the country remain sound although the currency and stock markets have come under attack by foreign speculators. Mr Anwar, who is also finance minister, said there was no reason for
      Bernama  -  115 words
    • Article
      Lock icon IMF urges Manila not to prop up peso
      218 9 Bernama [MANILA] The International Monetary Fund (IMF) has urged the Philippine central bank to stop intervention on the spot foreign exchange market for lack of proof that the local currency is in fact undervalued. "There is no strong evidence that the peso
      Bernama  -  218 words
    • Article, Illustration
      Lock icon Ringgit grossly undervalued, says Daim
      335 9 Market forces more influenced by negative sentiment than fundamentals, lie says Bernama [KUALA LUMPUR] Economic adviser to the Malaysian government, Daim Zainuddin, said yesterday that the ringgit at its current level vis-a-vis the world's major currencies is grossly undervalued and definitely not at an ideal
      Bernama  -  335 words
    • Article
      Lock icon Imminent surge in Asian exports raises spectre of trade tensions
      723 9 Currency-led export wave will add volume to calls in US for protectionist moves IHT [SINGAPORE] East Asia's plunging currencies and shrinking economic growth prospects will result in a new wave of exports to the US, increasing political pressures for protectionist
      IHT  -  723 words
    • Article
      Lock icon 800 Indonesian developers have gone bust: report
      253 9 Millions of construction jobs threatened by crisis AFP [JAKARTA] The economic crisis sparked by the July fall of the rupiah has forced up to 800 developers into bankruptcy and threatened the jobs of millions of construction workers, a report said yesterday. "The total
      AFP  -  253 words
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      116 5 James Bond's Choice I idteL 1 I 1 IV I W K 'If I Pw Jffifcl fi^l %-;-9 i®!&s£K£& Wl^psgpig^sf-:' '.Tl -p iir -*S B u. ■■*•1 ■yjff. jr vjk vvl Shk ifw MmL _UB I npj jgi yy?M I **w B %1 II Ru ii a M Seamastcr Professional
      116 words
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      78 6 IN A FINANCIAL CRASH KEEP YOUR VALUABLES IN A SAFE PLACE. W mm P 4W Sfi For most of us one of the biggest investments we make is our car Volvo believe that this should be more than a means of transport. Invest in life. > JdMmore than safety. It
      78 words
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  • APEC SUMMIT
    • Article, Illustration
      A time for leaders to prove their mettle
      893 7  -  ATM SUMMIT Apec most come op with a solution to the financial crisis Reports from Yang Razali Kassim PACIFIC Rim leaders, put on the defensive by an unprecedented regional financial crisis, will take a bold stance today to lilt the gloom that
      893 words
    • Article, Illustration
      Chuan spells out 5-pronged reform plan
      460 7 He expects package to remit in tnrnaroand in six months THAI Prime Minister Chuan Leekpai, back in office just days before the A pec summit, will undertake a five-pronged shake-up of the economy under the strict supervision of the International Monetary Fund (IMF). He
      460 words
    • Article
      Govt-market cooperation vital: Dr M
      1120 7  -  Extracts of Malaysian Prime Minister Dr Mahathir Mohamad's speech at the Apec CEO summit in Vancouver: Mahathir Mohamad's "AFTER socialism and nationalism fell into disrepute, the pendulum has been swinging further and further in the direction of privatisation and market forces. The pendulum is in
      1,120 words
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      364 7 The Certified Diploma In Accounting 'MSStSt And Finance (CDAF) (Awarded by the Association of Chartered Certified Accountants, U.K.) Institute of A DEVELOPMENT PROGRAMME Certified FOR EXECUTIVES/MANAGERS PubllC The qualification offered by the Association of ——i Chartered Certified Accountants (United Kingdom). The minimum entry Accountants qualification is a degree or diploma
      364 words
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      9 7 Bangkok oats W growth target to 0.6%, Pg 11
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      96 7 I 1 In the November/December issue of The business magazine ,K < v> I ♦.v. %> m~y Software I Hardware j Everywhere! In the latest issue of Directions we look inside Singapore's vibrant IT industry. i— Wfe also feature articles on: J> > ,ts a bargain < Nurturing innovation j
      96 words
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      44 8 NOKIA iIfTV 'r x ChucbkHWl T3M 1 ®Pii 5 w PS' §3& i f- --MV p s ftg|i VIHI a, < W ■§f.'+- jl That's why J you'll find them 1 on our phones. 1 We call this /mw»w#i technology." j» f 1 MtpV/noka-asa com
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      142 8 AUCTION ON SITE 11 am Thursday 11 ch December 1997 Western Australia Secure Retail Investment Leased to 2004 Prime location in the heart of the Northbndge Entertainment District Current rent of 18Z400pa Minimum annual increase of 6.5% Strata area of 71 Osqm i Contact: John Forrest or Terri Lee. Telephone
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      15 9 i I A.\Vi mm IYm m W W iII f V FOR RESERVATIONS CALL: 295-2211
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      338 9 GIRARD-P E R R E G A U X Pushing the Limits of Time The quest for the ultimate timepiece has seen the limits of horology constantly being pushed by watchmakers keen to make their mark on the march, of time. And Girard-Perregaux has been at the forefront of this
      338 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Liquidity rules as credit crunch bites
      1186 10  -  Businesses had better plan ahead as bail-outs mop up global pool of funds By Larry Wee [SINGAPORE] THE events of the last one and a half weeks portend an unpleasant new phase In global financial markets. Those who need the money may find it
      Compiled by BT; Source: Deutsche Morgan Grentell  -  1,186 words
    • Article, Illustration
      Lock icon Rating credit in Asia
      533 10  -  Tell 9 ißwm SAP studies show 1.21% of AAA obligers defaulted compared with CCCs 43.7% By i Cecile Saavedra [SINGAPORE] The use of credit ratings is a relatively k new phenomenon in Asia as the fixed income market has significantly lagged equities in growth and development.
      Source:  -  533 words
    • Article
      IMF's limited chequebook
      368 10 AXALTBB THE International Monetary Fund's huge US$200 billion (S$318.5 billion) tri membmhip quotas, at lint Hush, provides a huge pool of resources to act as international community's lender of last retort. Certainly, tor the troubled sovereign nation, the fact that toads can be obtained o» better terms
      368 words
    • Article
      THE WEEK AHEAD
      329 10  -  Compiled by Larry Wee ANZ Investment Bank (ANZ), Deutsche Morgan Grenfell (DMG). Independent Economic Analysis (IDEA), and MMS International Today: Third-quarter GDP growth widely expected at 3.5 per cent (compared to Q2's 3.8 per cent) while the price deflator is expected to be unchanged at 1.4 per
      329 words
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      19 10 I own an education institution. The Straits Times Classified ismy course tostdccess. CATJSL 1800-737-1166 CaD Today For Results Tomorrow
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      430 10 mm .'"-A' 1 I vv >■ 3 fl 9 X H| H w V I I (10.2 Square Kms) 19 SEPARATE TITLES I BLUE LAGOON FILLED WITH TROUT H HK3Eh3HHHH!P^^^^V9P*^H Magnificent Urge freehold 2570 (two thousand five hundred and seventy) acres property situated 3 hours South from Sydney near historical
      430 words
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  • SOUTH-EAST ASIA
    • Article
      Bangkok cuts '97 growth target to 0.6%
      491 11  -  BANGKOK Govt says baht trading curbs will be lifted soon By Harish Mehta THAILAND'S new government has lowered its economic growth target for this year to 0.6 per cent ahead of receiving a second tranche of rescue fUnds from the International Monetary Fund
      491 words
    • Article
      Lock icon Anwar briefs MNCs on handling of economic woes
      318 11 KUALA LUMPUR He has done great job in raising confidence level, says US envoy Bernama MALAYSIAN Deputy Prime Minister Anwar Ibrahim yesterday spoke to multinational companies based in Malaysia, including American firms, and helped to boost their confidence in the economy in
      Bernama  -  318 words
    • Article
      Lock icon S'pore, KL must be sensitive: M'sian minister
      250 11 KUALA LUMPUR Bernama FOREIGN Minister Abdullah Ahmad Badawi said yesterday it is important for Malaysia and Singapore to be cautious and sensitive towards each other although the two countries have a long-standing relationship. "What is important is that we must be cautious. We
      Bernama  -  250 words
    • Article
      Lock icon Indon state bank uncovers US$107m fraud bid
      126 11 JAKARTA AFP STATE-OWNED Bank Negara Indonesia (BNI) has uncovered an attempted fraud involving US$lO7 million (Ssl7l million) worth of false promissory notes, a report said here yesterday. "The attempt to falsify promissory notes was discovered by BNI about three weeks ago and now
      AFP  -  126 words
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      40 11 s < l)is t i I i»« h 111 ~(iiu, jPii-i I f«1 l« I i.mil li\ ♦s! > O I u^< f W-/nMI Mjr V ~«yJflE# ifa v machines =Goiter ■I SURE«S> service Revolutionary youlxH Don't just fo« it. SurcFo* it.
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Taiwan mall boom a bright spot in Asia's faltering retail sector
      514 12  -  TAIPEI Developers see big profits from dozens of new mails springing op over next 5 years By] Bruce Cheesman DOZENS of new department stores and shopping malls springing up in Taiwan over the next five years make Taipei a
      514 words
    • Article
      Lock icon China issues new home ownership rules
      145 12 BEIJING AFP CHINA has issued new ownership rules to end confusion in its urban housing market and replace temporary measures introduced in 1987, the China Daily reported yesterday. "To defend the interests of real estate owners and handle the mounting number of real estate
      AFP  -  145 words
    • Article
      Lock icon US should back China's Three Gorges dam project, says senator
      273 12 WASHINGTON AFP A US senator who recently returned from China said on Monday the controversial Three Gorges Dam will "contribute greatly to the quality of life" for Chinese and should have US support. Senator Frank Murkowski said it was "unfortunate"
      AFP  -  273 words
    • Article
      Lock icon Beijing allows 2 Taiwan brokerages to open offices
      286 12 SHANGHAI Capitol, Core Pacific to have rep offices inPndong Mew Area AFP THE People's Bank of China (PBOC) has given the green light for the first two Taiwan securities firms to open representative offices in China, news reports said yesterday. The China
      AFP  -  286 words
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      838 12 Singapore #1% Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Members of the Company will be held at 9, Blehan Place, #10-00, Junction 8, Singapore *****7 on 18 December, 1997
      838 words
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      385 12 Handbook For Expatriates- handbook for Working And Living In Singapore FYr iJjuA Tin Just Publishedl October 1907 Handbook For Expatriates offers a wealth of information for newly-arrived expatriates and those considering working in Singapore. It covers everything from immigration and customs procedures, housing, education, transport to local I food, shopping
      385 words
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  • ASIA
    • Article
      Lock icon S&P cuts Yasuda's debt rating to junk
      467 13 TOKYO Bank's downgrade a day alter Yamaiehi's collapse set to raise ■lore alarm Bloomberg STANDARD Poor's (S&P) cut Yasuda Trust Banking Co's long-term debt to junk status, saying it's concerned about the weak financial position of the bank, one of Japan's 20 largest.
      Bloomberg  -  467 words
    • Article
      Lock icon Japan economy still Weak: leading index
      271 13 PTOKYO Bloomberg JAPAN'S diffusion index for September showed weak sales, high inventories and slower production continued to hurt the economy, though the worst declines are over, government figures show. The leading diffusion index ,of indicators for September was 60, up from 25 in August,
      Bloomberg  -  271 words
    • Article
      Lock icon 375b won fraud unveiled
      138 13 SEOUL AFP SOUTH Korean prosecutors yesterday busted a ring of swindlers who cheated banks and businesses out of a record 375.2 billion won (*****.8 million), officials said. The alleged ring leader, Byun In Ho, 40, and eight accomplices swindled eight banks, netting 236.7 billion won, by
      AFP  -  138 words
    • Article
      Lock icon Hanson videotapes her last political will
      259 13 SYDNEY tUce row MP claims |o have received piany death threats Reuters t\ A bizarre move, Australian ce row politician Pauline Eanson has videotaped her st political will and testaent in case she is assassinated. The video shows Ms }ianson, a former fish and
      Reuters  -  259 words
    • Article, Illustration
      Lock icon Ex-Nomura execs plead guilty to payoffs
      353 13 TOKYO Former president, two others said they paid racketeer 368 m yen AFP THE former president of Japan's largest brokerage Nomura Securities Co Ltd, Hideo Sakamaki, and two other former executives pleaded guilty yesterday to making illegal payoffs to a corporate racketeer, or sokaiya.
      AFP; FILE PHOTO  -  353 words
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      335 13 —u 'rt 13 fif Our Workstations' I only. competitor takes nine months to deliver v 4 i -n t i f i presenting the world's most advanced workstations, excluding the human brain BK- ..i.il-r WF^*. y aft Hl j|if* M^S^ When our family of Hewlett-Packard workstations was still on Running
      335 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Asian crisis seen slowing US growth by 0.75%
      422 14 WASHINGTON Downward premue on import prins ft check on inflation: US economic adviser Bloomberg THE mounting economic crisis spreading across Asia will likely "check the momentum" of the US economy, slowing annual growth by as much as 0.75 per cent, US Council
      Bloomberg  -  422 words
    • Article
      Indian political uncertainty shows no sign of easing
      320 14  -  NEW DELHI From Rajendra Bajpai in New Delhi POLITICAL uncertainty in India showed no sign of ebbing last night alter the opposition Congress Party appeared undecided on whether to bring down the 18-month-old United Front coalition government. After adopting a hawkish stand
      320 words
    • Article
      Lock icon Rupee falls another 0.6% against US$ but stocks rebound
      268 14 BOMBAY Currency's fell \ink*A to political turmoil, dealers say AFP THE Indian rupee continued its downward spiral against the US dollar yesterday but the country's bourses rebounded on hopes of a solution to India's political crisis, dealers said. The currency fell
      AFP  -  268 words
    • Article
      Lock icon China has made important offer to speed WTO entry: US
      176 14 VANCOUVER Bloomberg CHINA made an "important new offer" to speed its entry into the World Trade Organisation, said Dan TaruUo, top international economics adviser to US President Bill Clinton. Deputy Chinese Trade Minister and chief WTO negotiator Long Yongtu called
      Bloomberg  -  176 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      153 14 Sr3tf gSMfep<iK3ipg ■»B Itt^iMM Jj/ff fefj V.*ffi*ftll B Interiors Bj|MlMM^ttMßSSS!S^^^y^ RSI 11 p* >t RVf 'Tl^B^^B '.cf"',**3fifrvlkSPMPßl j |f 'IJfl fl I f§! *t. 1 Jl^l i-¥^?^Bf' '''C' '*">,i t mm «vr* jlhb MHHfe 9HH 1 MB 11 AiriißliW it jffcifiH H B B B a^jAß^^^B l :!ja:i-^ BfiiB^Bl« jg**si
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      Page 14 Advertisements Column 2
      2 14 1 I
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  • EDITORIAL & OPINION
    • Article, Illustration
      Bout of wishful thinking in Korean scheme
      773 15  -  imp BOTTOMLDVB OPINION By Louis Beckerling The writer is a BT senior correspondent THE Korean Asset Management Corporation (KAMC) yesterday began buying bad loans off the books of Korean banks in an effort to keep the country's financial system afloat The bail-out is
      773 words
    • Article
      IN OTHER WORDS
      128 15 'Whoever leads Apple has to be an industry leader and a technology leader. If s not the easiest job to filL' Lawrence Ellison chairman and chief executive of Oracle Corp when asked ifApple Computer Inc has a favourite candidate to be its next chief executive, although it
      128 words
    • Article
      US Congress thwarts Clinton
      601 15 EDITORIAL IT is a great pity that just as President Bill Clinton is hying to reassert the role of the United States as the world's only remaining military superpower and its most dynamic economy, he is facing resistance over his foreign policy authority from the US
      601 words
    • Article, Illustration
      Lock icon No exemption for Asia
      1061 15  -  All those countries expecting help from the IMF should also expect to submit to its conditions By] Paul Samnelson The writer isan economist at the Massachusetts Institute of Technology. This commentary first appeared in Los Angeles Times TODAY the world has arrived at an interconnected economy.
      REUTERS  -  1,061 words
    • Article
      WHAT THE OTHERS SAY
      813 15 IT took a speech from United States President Bill Clinton to remind the world of one vital, but strangely neglected factor in the excess of debate over the Asian economic crisis. On his way to attend the Asia-Pacific Economic Co-op-eration summit in Vancouver, Mr Clinton drew
      813 words
  • Page 15 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article
      Lock icon New diet drug gets US FDA approval
      255 16 HEALTH Reuters [WASHINGTON] The US Food and Drug Administration said on Monday it had approved Meridia, a long-awaited new diet drug. The drug works on the brain to suppress appetite, according to the manufacturer, Knoll Pharmaceutical, a New Jersey-based unit of German company
      Reuters  -  255 words
    • Article, Illustration
      Lock icon Mountain without mercy
      918 16  -  A new Imax film chronicles the tragedy and majesty on the world's highest peak Everest sue plemdto reports SUE PLEMING Reuters WHEN disaster struck on Mount Everest last year, awardwinning US filmmaker David Breashears, a veteran mountaineer, put aside his Imax ■camera and used his expedition's scarce
      Reuters; REUTERS  -  918 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      37 16 You can now send bursty transmissions to China with Sing Tel International Frame Relay Service. y .-iS...v ?w,-:t..'. And what better time to do so, now that the rates have been reduced by up to 40%. U
      37 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      211 17 Where to wine, dine and entertain... -t fifisSSr Air Travel Insurance. *****45 Thf Kubertus Grill returns by popular demand (or Xmaa Eve Day and New Year's Hveef Day only. Serving our I renowned gourmet buffet. So call 839 1555 now to book your table. Also available are private rooms for
      211 words
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      Page 17 Advertisements Column 2
      211 17 W (RAY FISH (10 Noveaiber to 29 November 1997) AT KINTAMANI Sambal udang Mt (Sipper Lobster In Spicy CNH Sauce) Udang Padt Makak (Sipper Lobster m a Light Spicy Sauce) Udang Padt Asam Hants (Sweet and Sour Sipper Lobster) Udang Padt Mantaga (Buttered Sipper Lobster) Price: $18.50+++ (MM fir Laadi
      211 words
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      Page 17 Advertisements Column 3
      170 17 E The only buffet lunch 1 J with a feast of 3 Italian Chinese 'i favourites It from just $14-50++ i ft (Spread the word?) RING'S I t lINtIPOII A Openittf houri from JOam to 12 JOam |A Buffet lunch available from 11. JOam to 2 JOpm M At Royal
      170 words
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      Page 17 Advertisements Column 4
      182 17 Buy It. Sell It Find It. Classified. I? k Call Today For Results Tomorrow CA,T,& I "^TSBACKJ C J/ BY POPULAR DEMAND, I y WE RE BRINGING BACK UeS HI-TEA I Assorted Sushi, Open-face Sandwiches I Laksa Yong Tau Foo,Roti Prata I Tim Sum, Assorted French Pastries I Bread Butter
      182 words
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      Page 17 Advertisements Column 5
      178 17 It J -.TT>n v Wefc^i N. -r£r eVfood" I J M- "tf* imtte of Itself. a* Mm »Mm >/ seafood appetiser boffri unfokte before ro« a. T»p of *e *r. Mfy siagapore a Highest om escltlag aeafood creattoas seafood and boaatlfal the peak at oom4 iMflc lodiy. m*rn^tam wnmr Jafi
      178 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      711 17 TVVRADIO m Outbreak. the City (See IXIS AM Murder One-Chap Our Choice). 22 Ty ovat ons ter Fifteen. ILIO TV Innovations. 2 ao The Winners. LOO The Late Night Movie LIO AM Close. 3.00 Money. Nightshadow. JHHHBBHHBHBBBBBi 4.00 Kidz Blitz: Sesame Street. t4O Downwardly Mobile 5.00 Kidz Blitz: Quick Draw
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    • Miscellaneous
      Page 17 Miscellaneous Column 2
      252 17 CRYPTIC CROSSWORD 8 Timber and mineral deposits on the coast (6) lHHH__PV——Jl^L_^_JH__ 9 Tramp offers Virginia and 10 I I I I j I I Georgia cement mbhJ—LJ—UJ—H— 10 A chance to look for precious 11 Liable to become unstable (6) the days when iBl 13 Retired coach allowed to
      252 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Lock icon Deals over Net stem costs
      852 18  -  SingTel's electronic commerce service Stems benefits both big and small firms, toh ham shih reports TOH HAN SHIH SINGAPORE Telecom's electronic commerce service Stems Interchange enables big firms like Singapore Airlines (SLA) and email local firms like Chew Wah to do commerce over the Internet,
      LILIAN POO/ST  -  852 words
    • Article
      Virtual private networks cheaper for firms
      504 18  -  By' Toh Han Shih {SINGAPORE! Virtual Private Networks (VPNs) are proving to be a new cost-effective way for firms to have their private networks over the Internet. Most firms now lease dedicated lines from telecommunication companies (telcos) for their private networks. But according to
      504 words
    • BOOK marks
      • Article, Illustration
        Feasts for the eyes
        98 18 Here's a new Website for hungry stomachs. Singapore Feasting, at http://wwwJaesting.COTi; is the latest Website en thejocal food scene. You can browse through a list of restaurants and cafes, or look up your favourite pub in Singapore. Current food promotions are also featured and visitors to
        98 words
      • Article
        Know how many Net users are logged on?
        89 18 Most businessmen would love to know how many Net users log on at any given time. Fbr some time, there was no slngfe authority monitoring Net traffic. But now there ia, or thafs what It seems. According to Nua Ltd, an Irish
        89 words
      • Article
        Have Net travel
        104 18 A report from tba US Travel Industry Association aays that Americans are Increasingly turning to the Internet for their travel needs, instead of going through traditional travel agents. The report says that 14 million Americans will make use of the Internet togtfber Mfinttkmaad ->* plan for that
        104 words
      • Article
        Explorer catching up with Navigator
        69 18 A Detaquest survey shows that Microeoft's Internet Explorer isgraduanycatchingupwith Netscape Navigator in the browser markat Currently, Mfcreaoft's market share standsatSM per cent against Netscape's 67.6 per cent. In Q4ISM* Microeoft's market share was just 20 per cent, againat Netscape's 73 per cent The report, which
        69 words
      • Article
        Apple to follow Dell's
        79 18  -  OoapMUr Francis Ang Apple Computer has decided to emulate Dell Computer. It has opened a virtual store to peddle bufld-toorder systems. It is reportedly a bit hit Launched on Nov 10, The Apple Store poated«aH#of US$500,000 on Day One, chalktat up almoat IB per cent of
        79 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      156 18 the "how do we make every customer feel like our only customer? As your business grows, don't you find it's difficult to that provide value for businesses on both intranets and One transport company realised this. Callers to customer Every IBM a kind mix of advanced f teniae department were
      156 words
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  • COMPANIES & MARKETS
    • Article
      DBS comfortable with Indon, S Korean exposure
      610 19  -  Percentage of regional loans is very small against its total loans portfolio, says bank By\ Siow Li Sen [SINGAPORE] DBS Bank, which has been the most active among the six Singapore banks in loan syndication deals to Indonesia and South Korea, is comfortable
      610 words
    • Article
      DBS launches online investment service
      133 19 [SINGAPORE] DBS Bank yesterday announced the launch of an online investment service aimed at high net worth customers to better help them manage their investments, both locaUy and in the region. Called DBS Investor Online, the service provides mar-ket-related information for better investment decision making.
      133 words
    • Article
      Lock icon Singapore property stocks down
      228 19 Bloomberg [SINGAPORE] Shares of Singapore real estate developers fell on concern that poor sales in recent months would hurt full-year earnings. The worry was renewed by a 40 per cent drop in first-half profit at Marco Polo Developments Ltd, announced on Monday. "Marco Polo's results weren't
      Bloomberg  -  228 words
    • Article
      China's new mutual fund rules help reduce volatility
      812 19  -  HOCK LOCK SIEW Lu Ning ONE-DAY plunge of 10 per cent in the stock market would shock Hongkong investors. But to the Chinese investor used to the antics of China's domestic investor-only Ashare markets, volatility of that magnitude is nothing special. Until
      812 words
    • Article, Illustration
      New fund managers' body plans investment seminar
      315 19  -  By Shiv Taneja [SINGAPORE] The justformed Investment Management Association of Singapore (IMAS), a body of the fund management industry here, is off to a quick start with plans for an investment seminar in February, its first chairman Elizabeth Sam said. Mrs Sam, also
      315 words
    • Article
      Uraco's $48m deal to rescue CAM is off
      365 19 Observers say CAM's inability to produce audited accounts could be major cause [SINGAPORE] Uraco's $48 million rescue of troubled CAM International is off. The precision engineering company and contract manufacturer yesterday said they had mutually agreed to end the deal because of
      365 words
    • REGIONAL COMPANIES
      • Article
        Thai finance firm's board quits en masse after row
        381 20  -  Tat Lee nominee among those who quit but S'porebankto retain stake in KSIT From, Harish Mehta in Bangkok THE 14-member board of directors of a troubled Thai finance company including a nominee from Singapore's Tat Lee Bank resigned en masse yesterday
        381 words
      • Article
        Europa announces new ABR board
        130 20 [SINGAPORE! THE Europa Group has announced the appointment of a new board of directors after its takeover of ice cream parlour operator ABR Holdings. Ang Yee Limhas taken over the helm as chairman, effective last Saturday The other three executive directors are Ricky Goh Hoon
        130 words
      • Article, Illustration
        Lock icon Jack Chia-MPH profit up 22% at half-time
        353 20  -  By Abdul Hadhi [SINGAPORE] Diversified publisher Jack Chia-MPH yesterday announced a 22 per cent rise in group net earnings to $10.38 million at half-time. Reporting results for the six months ended Sept 30. JC-MPH said the jump in net earnings was achieved on
        FILE PHOTO  -  353 words
      • Article
        BNI's 9-month net profit up 20%; Q3 falls 40%
        496 20  -  Framl S N Vasuki in Jakarta BANK Negara Indonesia (BNI), Indonesia's largest state-owned bank, yesterday reported a 19.9 per cent jump in net earnings for the nine months ended Sept 30. BNl's results were eagerly awaited by the market because it
        496 words
      • Article
        Lock icon Halim Mazmin buys into logistics firm Online
        201 20 Bernama [KUALA LUMPUR] Shipping group Halim Mazmin has proposed to buy into Online Distribution Services, a private warehouse and transport company, in a move to quickly expand its logistics business. In a circular, Halim Mazmin told shareholders that it is buying 10.2 million
        Bernama  -  201 words
      • Article
        Lock icon Link-up with Salim strategic, says Danamon Group chief
        324 20 Indon banks have to gear up for tough competition, he says Reuters [JAKARTA] The head of Indonesia's Danamon Group yesterday described the link up between PT Bank Danamon and the Salim Group conglomerate as a strategic move to prepare for tough competition
        Reuters  -  324 words
      • Article
        Fuji Offset, partners to sell SDF-Scan stake to Kerry
        154 20 [SINGAPORE] Fuji Offset Plates Manufacturing and its partners have entered into a sales and purchase agreement to dispose off their entire shareholdings in SDF-Scan Dairy Food Sdn Bhd (SDF-Scan) to Kerry Group BV of Holland. Fuji Offset said the jointventure partners'
        154 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon KDD, Teleway plan to merge to stay competitive
        512 23 Merger in October win create Japan's fourth-largest flews mmpany Bloomberg [TOKYO] KDD Co, Japan's largest international telecommunications firm, and Teleway Corp, controlled by Toyota Motors, plan to merge next Oct 1, a move which analysts describe as necessary to remain competitive in
        Bloomberg  -  512 words
      • Article
        Lock icon US firms not overly worried by Asian woes, say analysts
        589 23 Some turbulence but no cnuth landing expected Reuters [NEW YORK] Profits of USbased multinational companies will probably hit some turbulence next year partly due to overseas economic woes. But so far nobody is forecasting a crash landing. Jason Schrotberger, auto
        Reuters  -  589 words
      • Article, Illustration
        Lock icon Intel unveils revamp to target markets
        326 23 Reuters [SAN FRANCISCO) Computer chip giant Intel Corp announced a major reorganisation on Monday that included the creation of four new business groups, saying it needs to address the rapid segmentation of the PC industry. "The personal computer industry is large and growing rapidly.
        Reuters; FILE PHOTO  -  326 words
      • Article
        Lock icon Dell 3rd-qtr earnings up 66% to US$248m
        143 23 Bloomberg [ROUND ROCK, Texas] Dell Computer Corp said fiscal third-quarter earnings surged 66 per cent, exceeding estimates, though economic turmoil held back sales growth in Japan and Asian countries. The direct seller of PCs reported net income of US$24B million (***** million), or
        Bloomberg  -  143 words
    • FINANCE & COMMODITIES
      • Article
        Aberdeen hopes SES listing will help expansion
        351 24  -  The Scottish fond manager will be the first pound sterling listing in Singapore By\ Shiv Taneja [SINGAPORE] A secondary listing of Scottish fUnd manager Aberdeen pic on the Stock Exchange of Singapore will raise the firm's profile and build a base for the
        351 words
      • Article
        Lock icon Mellon Bank to buy United Bankshares
        204 24 Bloomberg [PITTSBURGH] Mellon Bank Corp agreed to buy United Bankshares Inc, a closely held bank in the Miami area, for an undisclosed amount in stock and cash. Pittsburgh-based Mellon, the 23rd-largest US bank, will gain US$B3O million (Ssl.3 billion) in assets and 11 branches
        Bloomberg  -  204 words
      • Article
        Lock icon US funds up stakes in private investments by 57%
        422 24 Such investments are seen to outperform stocks and bonds Bloomberg [NEW YORK] Institutional investors increased their investments in leveraged buyout funds and other private investments by 57 per cent in the last two years, a trend that's expected to continue, a
        Bloomberg  -  422 words
      • Article
        Lock icon Goldman rues investment in NZ firm now almost in receivership
        420 24 Reuters [WELLINGTON] Goldman Sachs partner Steven Shafran said yesterday that the US investment bank rued the day it invested in the New Zealand's Skellerup Group, now called Maine Investments. Capital Partners 11, a US$l.5 billion (552.4 billion) leveraged buyout fund
        Reuters  -  420 words
      • Article
        Lock icon Liquidity squeeze hits Euroyen
        235 24 SSMEXReport Reuters [SINGAPORE] A liquidity squeeze in Japanese money markets yesterday hit Simex Euroyen contracts for nearby months, flattening the yield curve. Dealers said the squeeze, caused by the selling of yen for dollars in the wake of the failure of Yamaichi Securities and anticipation of
        Reuters  -  235 words
      • Article
        Futures contract eases marginally
        151 24  -  MSCI TAIWAN FUTURBS By Perry Gilbert vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract closed marginally lower yesterday. The sharp decline in the Nikkei did not have a knock-on effect on Taiwan equities, with the Weighted Price Index closing up
        151 words
      • Article
        Lock icon Oil prices fall on signs of Opec dispute
        215 24 ENERGY REPORT Reuters (LONDON] World oil prices eased slightly yesterday on signs of disagreement emerging among oil ministers from the Organisation of Petroleum Exporting Countries (Opec) gathering in Jakarta for a meeting today. Prospects for an Opec scrap grew when Saudi Arabia
        Reuters  -  215 words
      • Article
        Lock icon CURRENCY REPORT
        264 24 Bloomberg AFP London THE dollar was little changed against the yen in Europe amid concern Japanese institutions would sell their US assets and convert them to yen to help rescue the nation's struggling banks. The dollar rose as high as 128.05 yen, matching its highest since Aug 12,
        Bloomberg; AFP  -  264 words
      • Article, Illustration
        Untitled
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        1,245 words
    • Article
      COMMODITY PRICES
      1605 25 MOOMFTmntBS Nov 25 RU8SCR (tares da** m it SlMib) KSSt CONTRACTS cm(iA«) CtoM Vttoat OfM Mot* M# Low Itww) Iwtorwt DKfl 127.25 JM 90 130.00 121.00 128.00 875 745 Ft# 130.75 125.50 125.75 1100 520 tos 90 132.50 125.50 ***** 1350 1420 Apr/Jwt 98 136.75 138.75 137.25 150
      1,605 words
    • Article
      WORLD STOCK MARKETS
      2058 25 t»a h*» 31 Group 479 *8 Port* 273 6 AOPoy Notional 932 -21 AMod DwMcq S37 3 Amoc 12a 1 Asdo Group 160.400 2.400 BAT Ind j 532.400 1.600 BCPIc 269.400 -3 BICC 149.400 2.400 BOC Group 937 -2 BftPotroloum *94.400 -10.600 rr* 209 s Bonk o#
      2,058 words
    • Article
      Lock icon TOKYO
      1582 25 Reuters □Nikie.226 -86M6 STOCKS plunged yesterday, the day alter the demise of Yamaichi Securities Co, Japan's big-gest-ever business failure. The yen briefly fell as far as 128.07 to the dollar, while the key Nikkei 225 average was down more than 900 points at one point The Nikkei eventually closed
      Reuters  -  1,582 words
    • Article, Illustration
      Lock icon HONGKONG
      1569 26 Reuters -260.80 STOCKS tumbled to a sharply lower close yesterday after a slide in Tokyo share prices spurred a drop in markets around the region. The Hang Seng closed on a loss of 260.80 points, or 2.46 per cent, at 10,325.56. Turnover was the lowest since April 7 at
      Reuters  -  1,569 words
    • Article, Illustration
      Lock icon CHINA
      569 26 Reuters n Shenzhen Binder -3.06 CHINA'S hard currency B shares plunged to new 1997 closing lows again yesterday as more foreign investors headed for the exits, brokers said. Sentiment was battered by a host of negative factors, including Asia's market crisis, the collapse of Japan's Yamaichi Securities and fresh
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  569 words
    • Article
      Lock icon TAIPEI
      338 26 AFP QIPMa *3.72 TAIWANESE stocks finished barely higher yesterday in slow trading as most shares held ground despite lingering concerns over the failure of Japanese securities firm Yamaichi. "The market was still watching further developments and the effect of the Yamaichi case," said Miao Tai-sheng of Capital Securi- ties
      AFP  -  338 words
    • Article
      Lock icon WELLINGTON
      252 26 AFP |3 Wellington -4L41 STOCKS fell 1.8 per cent yesterday to its lowest level in a month. The NZSE-40 Index fell 41.41 points to 2,282.82 on turnover of NZ592.9 million. New Zealand was halfway into its trading day when the Tokyo market opened, fuelling selling here. —AFP »■>» «n
      AFP  -  252 words
    • Article, Illustration
      Lock icon BANGKOK
      793 26 AFP P SET latex -15J THAI share prices plunged 3.8 per cent yesterday to a new eight-year low because of worries about the troubled Thai finance sector and the regional economic turmoil, analysts said. Sentiment was undermined by the weakness of regional markets following the collapse of Japanese giant
      AFP  -  793 words
    • Article
      Lock icon SEOUL
      396 26 Reuters POmpogtelalßi -ILO6 THE gloom in Seoul's stock and bond markets deepened yesterday with investors fearing the impact of the International Monetary Fund's (IMF) bailout package on the economy, traders said. The Composite Index ended down 2.45 per cent, or 11.05 points, at 439.59, the lowest level since July
      Reuters  -  396 words
    • Article
      Lock icon SYDNEY
      585 26 AFP QAD Ordinaries -27.7 SHARES slumped 1.1 per cent yesterday amid fears of a major collapse on Asian markets following the failure of Yamaichi Securities, brokers said. The All Ordinaries Index, fell 27.7 points to 2,454.4. Turnover totalled 397.85 million shares worth almost A 51.25 billion. Reynolds and Co's
      AFP  -  585 words
    • Article, Illustration
      Lock icon JAKARTA
      646 26 AFP Q Composite Index -14^3 SHARES fell 3.5 per cent yesterday, giving up most of the previous day's gains amid concerns over the fallout from the financial market turmoil in Japan and South Korea. Dealers said government support to shore up the market was unlikely and could be counterproductive
      AFP  -  646 words
    • Article
      Lock icon MANILA
      278 26 AFP CI Manila -36.62 SHARE prices fell 2 per cent yesterday on fears of poor corporate performance and a further depreciation of the local currency amid lingering concerns over the collapse of Japanese brokerage Yamaichi Securities Co Ltd. The Composite Index fell 36.62 points to close at 1,796.35. Volume
      AFP  -  278 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
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        7,430 words
      • Article, Illustration
        Lock icon Shares plunge but end off lows
        468 27 Reuters AFP QOompoatebdn -21 MALAYSIAN share prices ended down sharply yesterday in line with other regional markets, but off the day's lows on a mild technical rebound in the afternoon, brokers and analysts said. The Kuala Lumpur Stock Exchange Composite Index ended 5.08 per
        Reuters; AFP  -  468 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3712 28 BOMBS. LOANS ft WARRANTS in >**7 Last Val Day Last Om>i A<t% Law Stna Company Sala *ar- I'OOOI Htfh Law Bwyar SaHar Prtca 68 18 m 3000 m A MOB cS.5%*****6 18c i 0.5 73 18 18 18 21 81 IS 3160 A Acar ******1USS 19 -15 34 19.5 19
        3,712 words
      • Article
        Venture wrt: shares a better bet
        167 28  -  WARRANT WATCH -ffyl R Sivanithy VENTURE Manufacturing has been relatively resilient in recent months, most probably because of expectations of superior future earnings. A review of its warrants is therefore in order. Venture's warrant is very deep-in-the-money its exercise price is $1.19 compared to
        167 words
    • Article
      CLOB INTERNATIONAL
      2229 28 MALAYSIAN STOCKS Or Or 1997 Last Vat Day Last Quota Okr Mr VM Nat MCap Ugh L— Stna Company Sala rOOO) High Law Buyar 8a8ar CT P/t 8« <78 783 m $5000 AISB 50« 87 cd 3 159 92 86 67 87.5 5.0 13 L3 315 89-2 137
      2,229 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1459 29 TUMOVIR 000) VALUC ('000) mil tm TtMi wm cm Tnw irxhutn* 64,942 47,100 11M42 K8.0M MOW 121,097 rkviKt 8,763 29,993 34,79* 9i247 22.4)4 77,444 HoUtt 2.104 492 3,000 t#7 J7* iff* EST 2 iS8 ?3S tSI t£ MMn* M8 Mf Ml 901 •LW 3,697 I2JN 19,993 '.499 3.421 MM Totol
        1,459 words
      • Article
        MAIN BOARD
        4967 29 Or Or m Wt 1997 Lost V«i Day LMt Ouoto Mv OW YM Net Cap A** Mm Lw tt»a Ci—any u* rood Lp» »>y*r Ww H Cw P/t »J Prttp INDUSTRIALS 157 40 1020 ACC Dynamlcs60c 42 unch 100 45 40 40 42 34.4 43 5146 ASENTStO200 US-
        4,967 words
      • Article
        SESDAQ
        1104 29 Or Or H It 1**7 La*t Val Bay Last Owtt Mv OK VM Mat Cap Avf HH» u» MM* fi«>m «aH COOOt H» Ua 8a1r It Of Wl Prtta 184 74 a 2000 AMMtpk M* -1 S00 ISO MO Ml M« U iO 0.1 212 9 MJ US Ml
        1,104 words
      • Article
        Untitled
        201 30 Wtcto Votamo SinqTH ISc 19,363.000 met Capital 18,366,000 IKCorpnSc 10,755,000 *Mmong BM 50c 10,642.000 Hefcapacfflc Mi 10,122.000 •tenovestBM 8,774,000 •fronwt 4,522,000 •tenong WtOO 4,158,000 DBS LM4 3,829.000 *Sime Oarty 50c 3,785,000 UpdB SingTel 15c 58,496.070 SIA Foreign 24,238,504 OCSC Foreign 17,447,092 OB Foreign 15,628,028 ■Renong BM 50c 12,670,850 •Ml Capital
        201 words
      • Article, Illustration
        Gains wiped out as Yamaichi fallout hits region
        667 30  -  STOCK MARKET COMMEXTARY Adding to pressure for the Singapore market is the plunge in Malaysia caused by a further loss of investor confidence By R Sivanithy [SINGAPORE] Tokyo's 5.1 per cent plunge yesterday combined with a further loss of conhdence in the
        667 words
      • Article, Illustration
        HOT STOCK
        73 30  -  -by Shiv Taneja UIC closed unchanged yesterday at 70 cents on a volume of 1.52 million shares, compared with its 10day traded average of 932,500 shares. The stock is just (tff its tuxHind-a hatf year tow. and the mediumterm outlook is good Dally and weekly RSI and stochastics
        73 words
      • ON THE GRAPEVINE
        • Article
          Moomba money devalued
          117 30 THE regional financial crisis has led not only to the devaluation of currencies but also to some restaurant bill* it teems. One restaurant. The Moomba in Boat Quay, sent a tongue-in-cheek circular to its regulars saying that it is feeling neglected by customers who are busy tackling
          117 words
        • Article
          Cake psychology
          133 30 PSYCHOLOGISTS have a way of explaining just about everything, including why thousands ofHongkongers stormed Saint Honore cakeshops on Monday to turn in their gift coupons for cakes in a bizarre mil on the shops. According to the South China Morning Post, the strange behaviour is part of "defence
          133 words
        • Article
          Wrong note
          112 30 TALK about faux pas. On Monday while reporters and photographers were waiting for the chief executives of Singapore Airlines and Lufthansa to address them on their plans for their strategic alliance, they were entertained to some music But guess what tune they played? When somebody realised they were
          112 words
        • Article
          Small profits, quick return
          160 30 NG Teng Fong, trendsetting property tycoon that he is, is the first mafor developer to adopt the SPQR method in Hongkong. SPQR—known hi the time of Julius Caesar as senate and people of Rohm now stands for small profits, Quick return. Mr Ng*s Sino group is
          160 words
        • Article
          Hard landing
          107 30 HOW times have changed. A report from Taiwan in mkl-October said a number of Taiwanese bigsbots —all big buyers of foreign bonds and other instruments— chartered a plane to Aseen in search of higher returns. Until the current regional crisis hit, these debts were, as a rute, issued
          107 words
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      77 19 HbCOHU BREAKING AlsM SALES! •f n»i»inin m Christmas Z "1/2 Price 11 Offer In celebration of X'mas and our successful sales, JSXU buy one Kankyo and get the 2nd set for half price. Hurry! This offer Is ss&: valid till 31** Dmcmmbmr MMMk -2KSE2U Free delivery with gift wrapping for
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      80 20 This announcement appears as a matter of record only BIL ASIA GROUP TREASURY LIMITED acting through its Hong Kong Branch Guaranteed by BRIERLEY INVESTMENTS LIMITED A.R.B.N. 002 982 407 and BIL (AUSTRALIA FINANCE) LIMITED A. C.N. 003 914 752 U*****,000,000 FIVE YEAR TRANSFERABLE LOAN FACILITY Lead Managers Bank of New
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      279 21 DAIKIN I Use DaikiTi and you won't haue to pay the price. fuen today, Daikin's reuolutionary "no water" I)BIJ central air-con system saues ouer ?130,000 a year in a 25-storey office building. Imagine your sauings in the future! he building in question is John Hancock rower. By installing cooling Its
      279 words
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      170 22 Nice to meet you lc f> n; Ik .n bi .1 H I I I Competition has turned tougher. That's why the Huls Group and worldwide. We're backed not only by the financial resources of I I SERVO DELDEN B.V.'s Surfactants and Performance Chemicals have Huls AG, VEBA's chemicals subsidiary,
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      49 23 LONGINES L'elegance du temps depuis 1832 jk V X.' r^l '££&&< *U>" LA GRANDE CLASS IQI E "m m n ffiFr (Gents) L 4 (Ladies) Ref. No. L 4 Price: Sole Distributor: SMH S E A. (S) PTE LTD 438 A Alexandra Road *05-03/04 Alexandra ***** Tel: *****88 Fax: *****96
      49 words
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      93 24 BUSINESS AFFECT CHANCE. 01 DOES CHANGE AFFECT BUSINESS? HE DON'T KNOW, OUT WE'RE FIETTT SURE. YOU'RE WORKING THIS WEEKEND. rißfck* Softwar* offers easy-to-use line advanced client/server and Internet enabled applications for Namaß Management, Materials Management, Process Manufacturing. our consulting Year 2000 and Internetenablec^^^^^^ support services offer an 1,300+ talisfied customers
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      42 26 Mt/ geneve O 'Master of Complications J UKIfFRF MNCERE U\TCH LIMITED: n|\C, \P< )Kt v.ffwm iWfi M \K'l\ ,)l \K[ IF I lliki I l\/\!ll M \J(t i !!> V\lL 'I: M\L KL Pl\/\Tfl :;i u-4t. Nf\K Hill NHOPPIM, (tMKF IFI _-H 4
      42 words
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      38 28 fc ALFRED DUNHILL HE NEW Carbon Fibre Fountain Pen 1?:; The New Millennium Watch V I S T ALFRED DUNHILL AT RAFFLES HOTEL ARCADE. THE PARAGON. NGEE ANN CITY, SOGO RAFFLES CITY AND DAIMARU LIANG COURT. fIBSSH IS®
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      98 29 SOFTHKCOND I SOfT FIRST COVM Optimum *I*o* H t J > ,> I I UCJOn«GfOfI COTr»gtro»Of> fronsformofion cow v I I jh|l The ultimate Distance Ball. repukon cort. The gradual change in softness from the centre to the outside allows the ball to maintain and convert restoration energy (from ball
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      776 30 .BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT. CAPS* AND IN THE MATTER OP PANPAC XIN HUA PLAZA (S) PTE LTD (In Mesa hers' Voluntary Liquidation) NOTICE OP SPECIAL RESOLUTION (Pursuant to Section 290(2Kb) At an Extraordinary General Meeting of the Company held at !6 Fan Yoong Road. Singapore
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      351 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AND IN THE MATTER OF SUMIDA ELECTRIC (8) PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of tho Companies Act. Chapter 50, that the final meeting of the member* of the abovenamed company win be
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      393 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 59 AND IN THE MATTER OF ARROWTECH COLOUR SYSTEMS PTE LTD (In Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act. Cap. 30. that the FINAL MEETING of the Members of the abovenamed Company will
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      36 30 To advertise call toll-free 1800-*****83 The secret of success is... I Taking the right course, of course. Study the wide range of courses available in the Education/Training section in the Classified Classifications 700 to 799. CATS.
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      453 30 IN THE MATTE* Of THE COMPANIES ACT, CAP 9B AND ULU P AND AN DEVELOPMENT PTE LTD (Members' voluntary winding up) Minnies of th* Eiti nordinao General Meeting Minnies under Section 179(4) af the ompnnies Act. Cap. S4 I. Sharima Ratal Sampang, the Representative of UP Investment Pie Lid. the
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      269 30 IN THE MUTTER Of THE COMPANIES ACT, CHAPTER 60 AND IN THE MATTER Of VTTA TRAVEL SINGAPORE (PTE) LTD (IN LIQUIDATION) Extract of the Minutns of an Extraordinary General Meeting of the Company held on the 26th day of November. 1997:--SPECIAL RESOLUTIONThat the Company be wound up voluntarily pureuant to
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      400 30 M THE MATTER Of THE COMPANIES ACT, CAP M MAiAccA roMMonmrn SINGAPORE PIE UMTTED (In Volufrtary LiQuMetioa) I. Simon J.L. O'Dowd. duly appointed Corporate Represented of Horizon Meals NZ LinNsd holder of the whoN of the issued share ceprtat of Malacca Commodities Singapore Pie Limited, a Company incorporated in the
      400 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      300 31 Bridge News Reuters FEW reports of concluded business emerged. Rates for handy-sized tonnage from the US Gulf are firming for prompt positions due to a lack of tonnage, brokers said. Fixtures TANKEBIk There was little excitement to surface the tanker market but there was a steady flow of
      Bridge News; Reuters  -  300 words
    • Article
      MARITIME STOCKS
      244 31 mm m CWTMrt 0.825 -0.018 IT CMnHW 0.70 «<M» 142 Coocoww 0.825 HUMS 22 FraMNLMa 0J0 *0.02 133 oaillllti 0.30 -0.06 IT MtfSt»M* 0.T2 *0.009 63 HIUcMZaaan 0l4W *0,005 n mcmmqt hk&M Jmiwm—o.52 *0.015 a Jwwe«*mr«N—too -0.20 M4 MwJcarp 5.30 -0.10 1308 KappalFCLS 4.60 *0.02 18 KatpotMt 1-22
      244 words
    • Article, Illustration
      Karimun eyes more ship-to-ship operations
      452 31  -  Shipowners concerned over Indon island's lack of transparency of rules for such activities By: Felix Chan [SINGAPORE] Indonesian authorities are stepping up efforts to promote Karimun Island as a bone-fide area for ship-to-ship (STS) operations. PT Pelindo, the port authority of Indonesia, and the Indonesian
      452 words
    • Article, Illustration
      Lock icon First Lady launches Sun Vista
      118 31 [SINGAPORE] First Lady Mrs Ong Teng Cheongyesterday named and launched the Sun Vista, thefirst Singapore owned luxury cruiser. Bought and refurbished at a cost of $120 million, the 700-foot vessel hopes to tap on the expected 30per cent growth in the cruise market for the
      SAMUEL CHUA  -  118 words
    • Article
      Lock icon Panama supports IMO drive to toughen shipping laws
      310 31 Country re-elected as member of IMO's board of directors Reuters [PANAMA CITY] Panama said on Monday it would back tougher rules being drawn up by the UN International Maritime Organisation (IMO) to improve safety and anti-pollu-tion standards. Panama, with the world's largest
      Reuters  -  310 words
    • Article
      Lock icon Sunken cargo vessel at Port Klang to be refloated soon
      356 31 Bernama [PORT KLANG] A salvage company will be hired soon to refloat the cargo ship An Tai, which sank in the North Port, here, on Sunday night, to restore operations at the Wharf 14, Transport Minister Ling Llong Sik said
      Bernama  -  356 words
    • Article
      Lock icon Container ship splits into two in Atlantic storm
      226 31 Reuters [ROME] A merchant ship with 34 Italian crew aboard split into two in the Atlantic Ocean near the Portuguese Azores islands during a violent storm early yesterday, Italian port officials said. Rome port officials who picked up the ship's distress signal
      Reuters  -  226 words
    • Article
      Lock icon Colombo port faces strike action next month
      197 31 Reuters [COLOMBO] A Sri Lankan trade union said yesterday its members will go on strike from next a month in protest against a deal to partly privatise Colombo port. The Ceylon Mercantile Union (CMU) said in a statement that its members will picket
      Reuters  -  197 words
    • Article
      PSA's free shuttle service to WTC
      95 31 [SINGAPORE] PSA Corporation is providing a free shuttle service for visitors to the World Trade Centre this weekend from its PSA Building at Alexandra Road. PSA Corp said that the service was introduced in view of large crowds expected for exhibitions at the WTC,
      95 words
    • Article
      No direct causal link between age of vessel and accidents
      844 31  -  STRAIT TALK By\ Seafarer IT WAS GOOD to see a conference really get to the heart of a con troversial shipping issue. The organisers of last week's World Tanker Outlook Boom or Bust? conference, held in London, scored a bull's
      844 words
    • Article, Illustration
      Lock icon Asian air cargo still bustling
      1062 32  -  GROWTH XN CARGO While the region's economies are in crisis, its transport industry is adding capacity and competition is getting fiercer By P T Bangsberg Journal of Commerce SOME people may profess unease about Asian economies, but don't tell that to air cargo types. They
      Journal of Commerce  -  1,062 words
    • Article
      HIDES TO SHIPPING LINES AND FREIGHT FORWARDERS
      397 32 PACE Evergreen 6 ANL 3 FL-Bright 6 Able 16 famous 7 Accord 8 Far **k W Ahrenktel M FoongSun 8 Appenship 5 Fr <*» »6 Astro 3 M Links 16 Austral 9 C Linfc 4 Avant 6 Cemartrans 13 B'tang Mas 8 Genshpg
      397 words
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      SHIPPING GUIDE
      18566 40 EXPORT CTA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone UN Oest'n Neme Heme Number Number SIN Oest'n Name Neme Number Number ■■■■MMMMMNMNHMMMimMMMHHMHMMMMMMMMMMMi 4NNM**MMMM*N*MIMMNMMI**MM**N*lk*MIMNI**MMN**MIMMI*NN*M*l*** A To BREMERHAVEN (BRV) 2057 Germany Tb ABIDJAN (ABJ) 2003 m/h 17/0 nyk repulse bay «mw ******123 Ivory Coast, Cote D'lvoire
      18,566 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        803 47 V*swl Voy No Barth Arrival Departure 5 25 "jlj OontSMK 2511/1900 R p 'rfor *****7 JOI (KmtuM 26.1V0600 <*>*•" T«U 01 J22 oionfu* 2t.lt/Z300 L Honor 9706 J04 MonqwM 02 12/H00 "•utri* 340/97 J0( otompxto 2*11/2359 «**>« I JW otonprto 0212/0*00 HO»# 12/w JOT 29.II/HOO 70W J07 ICKfUM
        803 words
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        CONTAINER SCHEDULES
        1749 47 RECEIVIN6 OF EXPORT FCl CONTAINERS AND LCL CARGO Bookbig/MMCt Rstls Ship Voy No Etb/Btr Ported From To from 4cj viow on 21/235* u 25/1500 23/145* a/mo 23/OM 25/145* 25/1*00 U 23/I7M HMM MM II 23/17M 24/0459 24/0*00 24/0700 24/70* 24/MM 4 24/1200 24/MM 24/7700 ***** 27/1300 W iV»C
        1,749 words
      • Article
        GLOBAL HOLIDAY
        214 47 Nov 27 United States: Thanksgiving Day. Nor 28 Albania. Iran, Jordan, Kuwait, Panama. UAE Not 30 Philippines: Bonifacio Day. Dee 1 Portugal. Romania Dee 2 UAE Dee 3 UAE Dee 5 Ghana Thailand H.M. The King's Birthday. Dee Finland, Spain Dee 7 Cuba, Italy (Milan) Dee 8 Argentina,
        214 words
      • Article
        COCKETT BUNKER MARKET REPORT
        884 47 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sixed stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        884 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        366 47 MO Mai 993.9 U >7 J 0.10 56 1.04 20 Density Water »mft* Ask AtoaMa* SMM No abow £25 2 1 3 0 0 0 5"mT J80 Ave 986.9 0.4 Q.1 0.07 33 6.02 Inn. 380 Max 997.0 0.9 >6.7 0.09 91 $.08 ££!2 %w No
        366 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon British Aerospace to supply wing parts to Boeing
        341 48 Deal with rival US pl&nem&ker may upset British firm's Airbus partners Bloomberg [LONDON! British Aerospace, one of four partners in planemaker Airbus Industrie, said it will supply wing parts for rival Boeing's 737 jetliner in an agreement that an analyst said could
        Bloomberg  -  341 words
      • Article
        Lock icon Evergreen to form aircraft maintenance joint venture
        179 48 AFXAsia [TAIPEI] Evergreen Group is to establish an aircraft maintenance joint venture here with US, European and Asian aviation firms, company officials said. EVA Airways Corp, an affiliate of the Evergreen Group which operates the world's largest shipping fleet, will hold a majority
        AFX- Asia  -  179 words
      • Article, Illustration
        Lock icon Alfa is tops
        46 48 fTURIN] An international jury has voted Italian Fiat Auto 'sAlfa 156 Car of the Year 1996. A Jury of 56 specialised journalists from 21 European countries gave the sporty saloon the prize ahead of the Volkswagen Golf and the Audi A 6. REUTERS
        REUTERS  -  46 words
      • Article
        Lock icon No share of profit, Cathay warns staff, unless revenues improve and costs drop
        497 48 Reuters October was another gloomy month for Cathay Pacific Airways Ltd's passenger revenues, the airline's in-house newsletter says, warning staff they will not share in profits unless revenues improve and costs drop. "Japan continues to be our
        Reuters  -  497 words
      • Article
        Lock icon Pakistan opens US$1b highway
        124 48 AFP [ISLAMABAD] A South Kore-an-built 333-kilometre long motorway, described by the government as one of Pakistan's biggest development projects, wasopened yesterday. Pakistan's Prime Minister Nawaz Sharif was to open the highway built by Daewoo Corp at a cost of around US$l billion (551.59 billion). The Lahore-Islamabad
        AFP  -  124 words
      • Article, Illustration
        Lock icon HK airport to open on schedule
        116 48 AFX-Asia [HONGKONG] An engineer inspecting construction work on the roof of the main terminal building at Hongkong's new airport at Chek Lap Kok. The airport will open on time in April despite reports the opening would be delayed for two months to wait for
        AFX-Asia; REUTERS  -  116 words
      • Article
        Lock icon China Northern Airlines to open new routes
        164 48 AFP [BEIJING] China Northern Airlines will ply five new air routes connecting north-east-ern China to Japan and South Korea, the official Xinhua news agency said. China's Civil Aviation Administration has approved the new routes which will link the north-eastern Chinese cities of Shenyang,
        AFP  -  164 words
      • Article
        Lufthansa-SIA pact not registered at German cartel office
        305 48  -  Competition issues may arise from bilateral agreement By\ Felix Chan [SINGAPORE] Singapore Airlines' alliance with Lufthansa flew into some turbulence yesterday when German competition authorities said Lufthansa had not formally registered its strategic tie-up with the cartel office. A spokesman for the
        305 words
      • Article
        Lock icon AI(R) plans to produce ATR 72 planes in China
        215 48 AFP [BEIJING] The European aircraft consortium, Aero International (Regional), plans to transfer production of its ATR 72 regional transport plane to China, the English-language China Daily newspaper reported yesterday. "The study will be finished by the end of this year," said
        AFP  -  215 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1658 48 an fu«it_cu_ oioht jto lhtm «45 5026 2355 AtaOMM am* T725 0«B7 2025 Of* JM0_ MMl ***** 1920 ***** TO ***** 0W5 kmtfrum ***** 0820 S032I 2330 8>»>|rti«WC CZ351 2035 1 *1137 1540 HIM 2335 HmmI VM741 1310 VH742 0905 Aactl«tf ****** 2045 ****** 2045 *****
        1,658 words
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      1139 32 1 EXPORT 1 I OTHER DESTINATIONS I MRECT TO WEST COAST [T| WHIT COAST Of CPiTTIAL AMPWCA (MARGARITA ICTVICI) vtssa vot eta aw m>ai u a» yq a MI hou OK m hdkoott mm Iwrl a I rrjna I icmnu I n uatu Immitwm Im LMWBO I LAWS MY *****
      1,139 words
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      Page 32 Advertisements Column 2
      589 32 f Lines services represented u |B3l| by Members of the Registry of WcJers A *xreMea Shipping Agents WmS&F Association Sngapore Shipping Assooaton Send out 48.000 copies of your sailing schedules ~*jEs| around Asia. Place an ad in... Shipping Times Just talk to us... Iris Lim 740-2044 Jarrod Leo tig 740-2089
      589 words
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      983 33 TO EUROPE FROM EUROPE Ivtssa VOT SIM RTM HAM MV SOU UN ||vßs& VOT ITM HAM NV SOU IfH TW6 mTI NBXIOTD AMBUCA 5477 27/11 11/12 14/12 20/12 MAAS 2457 02/11 04/11 07/11 00/11 2S/11 MOSa 1477 20/11 14/12 IS/12 10/12 10/12 WDUOTO NOtMANOC 4457 07/11 00/11 03/11 04/11 20/11
      983 words
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      Page 33 Advertisements Column 2
      2328 33 (g) HANJIN SHIPPING USA CANADA* h*vsi/vot na u« sm u*hau/voy su pm lon| oa Tin n* mm kk m o» [~irt rvi m[ tk tu. m tiBgAOHHOITf M/ 11 31/11 lf/11 11/11 11/11 B/11 M/ 11 M/ 11 M/ 11 M/ 11 B/ll ~7S/}7~ 77/11 il/TT 14/11 "a/iT gTIT mTtT
      2,328 words
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      Page 33 Advertisements Column 3
      99 33 ORIENT EXPRESS UNES (U.K.) UMUED ilpj, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VKSfI VOY SINGAPORE KMMAY VftSK VOY KMMAY SINGAPORE KEDAH 008 28/11 07/12 KEDAH 007 19/11 28/11 ACHIEVER 003 01/12 10/12 ACHIEVER 002 22/11 01/12 ALBERT BRIDGE 008 05/12 14/12 ALBERT BRIDGE 007 26/11 06/12 NORDKAP
      99 words
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      1485 34 CC DSR-SENATOR Mmm Round the World Container Services TO UK/CONTINENT FROM UK/CONTXNBNT Vttta [vqy mw un mv mm fu m» Ivtna Iwv luw |fu laml ww mam bH HONGKONG SENATOR WF79I 2*ll >1.12 22.12 22 12 23.12 24 12 21.12 CHOYMB SUCCESS EF74* 12.11 D.ll M.ll H.ll Vll 25.11 HANJM
      1,485 words
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      Page 34 Advertisements Column 2
      1190 34 MY LJNE YML Internet W«b SIM Mtp: //www.ymLoonvtw fltNUiAilllUfHr IJMI MflH IFVIVI H-r'Hl'N'lfH'l.MJ J?H B4TMHH/!/! IfTlU'U.liii^A'll4l twcx mbq.yn/errthjrjoay/sunoat VESSEL VOY SIN CMS HTM HA* FXT LEH AMR RHEIN BRIDGE J747W 3(V11 17/12 19/12 2012 22/12 MING GALAXY A74BW 01/12 09/12 27/12 25/12 09/02 29/12 HUMBER BRIDGE J7«W 07/12 24/12 26/12
      1,190 words
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      Page 34 Advertisements Column 3
      601 34 LINE TMU *****U PAX« *****37 I MUARA LABUAN rasa vot rm ru vcsa vor m m SPOtf 4UAIA STOW UN WJIOfT V2H/I7 24/11 »/11 /MtfIURT V2H/17 31/11 31/11 j.nosni ytx/v m/ii n/ii inosrat ym/»7 m/ii M/ 12 warn VIM/17 M/ 12 07/12 VUOOffT YM/17 M/ 12 M/ 12 JPTOSFB V2IS/17
      601 words
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      1165 35 VKB3BL VOV SW BKK POU PKQ UN BLW OUR OA I BMC IRAN MEEZAN PJL-1261 11/11 20/11 24/11 MAN TEYFOURI PJL-1260 18/11 24/11 IRAN MOWN PJL-1262 02/12 11/12 13/12 ACCEPTING CONT/UNER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN, TADZHIKISTAN A GEORGIA
      1,165 words
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      Page 35 Advertisements Column 2
      1490 35 CARGO TO/FBMKJ SHEKOU ft HIIANSra I WIiKIY Htttf SJUim I I SINGAPORE'S GENIRAI AG(NTS: 6 SHfNTON WAY IB: 214 1900 FAX: *****08 OUTWA»(I/l) T"'«!3or T!!o«Om3™ """""""""""l COSTAR SHIPfMC PTE ITD fIP-WMSMM SAUS/KOS *****41/43 INWAADMPT (D/ 0) *****55 COSTAR AGENCIES (M) SDH BHD __CBjIOHI7>7MOOOOg *****50/55 T/SHPMT PtfT *****25 TEL 07-07-35 *****
      1,490 words
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      Page 35 Advertisements Column 3
      545 35 I'jpin EASTERN CAR LINER, ÜB.'ti'SS.r 1 |_U Id (SINGAPORE) Pre LTD SKSSi SffqAIIZI IN KORO It HEAVY UFT UfTO 122 TONS j ECI (SWI6AWRE) PTE UD LOADING FOR PORT KLANG/PENANG CHITTAGONG/CALCUTTA MV -SPRING OCEAN" V.6 MV -TERESA PRESTIGE" V.16 EIA SIN 25/11/97 ETA SIN 26/12/97 ETA PKL 27/11/97 ETA PNN
      545 words
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      927 36 EUHOWAIIWCAIIDIWAVIA/FIWLAIID/miSW SGP ROM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG PKL SGP E RIGHT RW-031 29/11 11/12 2*12 11/12 21/12 22/12 23/12 E GALLANT RE 053 27/11 20/10 28/1# 30/10 11/11 27/11 E ROUND RW-020 06/12 29/12 30/12 21/12 20/12 20/12 30/12 E. GROUP RE-056 00/11 09/11
      927 words
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      Page 36 Advertisements Column 2
      1123 36 lIXPOOT VKSH VOTMf SGf Dll JU Ml DM MM INT Ul VTSSH VOTAGI DUI NA AMI DMM lAH SCf I UNCOtONA 04#M4?W 27/11 07/12 #7/12 OVI2 01/12 10/1* lft/12 M 2 UNIACCOCO *****01E li/11 11/11 17/11 11/11 19/11 01/12 I UNNIG& *****02W 04/1? IVI2 14/12 15/12 Wl2 17/12 17/12 17/12
      1,123 words
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      Page 36 Advertisements Column 3
      449 36 /CZT NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VKStt VOY I SW I PIU I pm I CFT I R/IAT tUMUIItWOSS QIIS 01/1? IS/1? If/12 mmooffw o?« 07/12 is/12 if/i? 24/12 SWIMM OPTS 14/1? 21/12 30/1? mmmm 003s »/i? »/i? 02/01 05/01 ot/pi mumPttHQ Pits 24/12 W/01 14/01
      449 words
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      671 37 BSA A. \H MYANMA \BBk FIVE STAR LINE (Myaa««r Natiaad Uaa) W Loodia« far Yaafaa (R0a,0«.) vtssa voy sm m m ku MM LA IW $U> mm im an ■ALATSIA MOITS: OOUSTIAD SNPPMC AGQKKS JUL m OMS-MITSM m 01-03-*****01 POfc IH 01-04-*****01 WO: IB 01-07-1511J11/4 i«| BANK LINE (A Mrvk«
      671 words
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      1181 37 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKGb *****32 W Ml M I m I AM I HM I M MYAMMUU JIOW 01/12 11/12 14/11 21/12 11/12 11/U M/ 11 MTMMMnS JO4W 04/11 »/ll 14/11 M/ 11 M/ 11 N/U 31/11 HYIAMM HOW 15/11 01/01 M/ 01 04/01
      1,181 words
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      Page 37 Advertisements Column 3
      610 37 (j& FAMOUS CONTAINER UNES JfCSS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 2/ HOT LINE: *****33 (30 LINES) wb pmi utmt ii ■«inii mm t tm Mam DAILY SAILING TO ■BHBHB ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH. 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU
      610 words
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      Page 38 Advertisements Column 1
      880 38 l* »*HOIIOK/LAl|yi CHAIANO J AKA ETA/PA N JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN XETHA BHiIM 220N In Pt 30/11 MATHU BHUM 362S 27/11 28/11 BANIBHUM** 73N In Pt 28/11 30/11 MATHU BHUM ***** 28/11 29/11 SRWAMUT 5R3369 In Pt 28/11 PANU BHUM* 016S 29/11 02/12
      880 words
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      Page 38 Advertisements Column 2
      608 38 PUL INTERNATIONAL UME PUL INTERNATIONAL 'J&sel n»«x m V*| MM JAKAITAfIfTt 1 SSI6S/WK aaaaMff"™ I ait I «y!SIMB>I willlfrtSffil sihaiat* i ats/>w VU VOT I >* I sS Isw 1 jjj I W/'H ffl 101 /jTlg* 1 oLl£| MAGON SUMATRA 1 92S 1 01/1? I MOW I 04/12 IINU I
      608 words
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      Page 38 Advertisements Column 3
      773 38 A ACCORD A SHIPPING PTE LTD m: ***** IS (40 Imm) FAX s *****30 KHTKUUtG (OJ/U/lOtl M M OMMCT ACCESS Ttt *****55 (IXPOMT SOOKINO) MMOAAMC (07) SSI W7 *****34 (EXPORT DOC), *****39 (IMPOMT) ffIUMG (04)331 1444 UW^HTTP://WWW.ACCOtD.COM.SG JAKAKTA (It) Ut 0770 H>tT m SIN POKT m SIN POIT ETA S»N
      773 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      437 39 INDONESIA NATIONAL LINE TO EUROPE j FXPBFffIS SFMKTOHTftIHFBffMFP ~m VOY I J WRE |A OAM/R DAM H BUM BREMEN ANTWERP A.VESSEL 21/91 24/11 OMIT 17/01 TO AUSTRALIA ""j PULL CONTEMNER MWVICE m wr_ ■BTST HK K mi a MM m w NOLMKR VMS 17/11 2*ll 17/12 12/12 IVI2 I*l2 21/12
      437 words
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      Page 39 Advertisements Column 2
      881 39 f SggPff PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO; **********06 gj igj mil B7 ■WTmaimah HUO7I A/H I 7/11 I 11/11 21/1? M/» 71/\t 3/1 4/1 OOQ ACCOM 143 19/19 I 14/11 H/11 17/11 19/11 1/1 9/1 11/1 mTfIhOIBI HMO
      881 words
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      Page 39 Advertisements Column 3
      866 39 VESSELS VOY I«N I JED I PSO I LEH HAM RTM THP ZEE. VtXEOE CAPBXA T23W 01/12 10/12 13/12 22/12 23/12 2S/12 2ftfl2 V-LE D* AQUARIUS U23W 08/12 21/12 28/12 30/12 01/01 01/01 QBOI V-l-E OE TAURUS A23W 16/12 2V12 28/12 04/01 OMH 08/P1 08/01 07/01 VU.E OE ANTARES L23W
      866 words
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      Page 41 Advertisements Column 1
      41 41 To retrieve more schedules, just follow these simple steps... 740-6000^^^^^^ p the port your Step key in the four number M digit code Key in your Exarvpfe: r-L fax number To NEW YORK (NYC) 2275 for calls within Singapore United StSfS
      41 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      360 43 OSINO EXPRESS SHIPPING 11 COLLYER QUAY «06-01 THE ARCADE |K NO TRANS I S (*****7). TEL: *****90 FAX: *****98 ULLJIV TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI JIN FU 9756 2]/lJ 30/11 mm 9722 28/11 03/12 07/12 JINYU 9756 09/12 13/12 JIN
      360 words
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      Page 43 Advertisements Column 2
      262 43 Carrtar MM CONTR LINES, MC Cj\y X2J QWWO.IIIII7IIIIIB SOU: (084) *****9 MAMLA: (83Z) *****81 PENAMG: (04) *****8 BANGKOK: (882) *****87 SURABAYA: (31) &1880 P. KELAHQ: (03) *****77 JKTi (21) *****07 MOW: (81) *****3 WSAN USA/JAPAN MV "HYUNDAI BARON" V.309E MV "GLOBAL HORIZON" V.045E ETA SIN: 30-11-97 ETA SIN: 30-11-97 ROTTERDAM/HAMBURG
      262 words
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      Page 43 Advertisements Column 3
      143 43 Asmmmmk KT ja^jjij^dAUja^ HOPE 1 2/12 Nanffidm/AtWßrm'UK I SAMM) FORTUNE 28/11 NarVßdrrVAtw/BrrvVUK I 1 CENTAURUS I GtORGOS Dubai/Bahratn/Damman/Kuwait I PAN FORTUNE Hodwdah/Jeddah/Aqaba/Egypt/Tripo* I XIHAI AderVHodekMVJaddaWAQaba/Egypt I lAKARTMOS DutM4/A.Dhab»/BahfairVDammavXuwait I *Load» Singapore. E7W. Mateyia. Indonaaia I OCEANEVER Lob AngatmfHmm OHmn/CtmhmM I Nortofc/Camdan I HANOV RfVER Loa Angaiaa/New OriearV Chariaaton/ I I
      143 words
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      Page 44 Advertisements Column 1
      1141 44 -w SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. 1047MM0000 BOOKINGS CALL• PIBECT LINE: *****41/43 JESSICA/CELIA/MEI CHAN JEEEESESESB1 7 slgs/week Q*****1 3 slgs/week I VESSEL IVOY \Sm I JAK [VESSEL IVOYIBI IBUW SMAR NUSA 978
      1,141 words
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      Page 44 Advertisements Column 2
      427 44 r\-i NEWARK SHIPPING AGENCIES PTE LTD I 48-A Campbell Lane, Singapore *****1 s CHUTAGONG I a BOMBAY 1 CALCUTTA 5! NHAVA SHEVA Wt i COLOMBO A w MADRAS P DUBAI/JEBEL AU O Tl/nCORIN R COCHIN E KARACHI MALDIVES ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65)
      427 words
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      Page 44 Advertisements Column 3
      577 44 SIN FAR EAST 30/11 KEELUNG/KAOHSIUNG 30/11 BANGKOK 11/12 MANILA/CEBU 30/11 JAKARTA/BELAWAN/SURABAYA 30/11 PORT KELANG/PENANG/E. MALAYSIA 02/12 BUSAN 30/11 TOKYO/YOKO/KOBE/NGO/OSA 30/11 HONGKONG SIM CHINA (4>H»i»*o) 30/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANG HAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 01/12 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 30/11 LOS ANGELES/NEW YORK all IPI
      577 words
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      Page 44 Advertisements Column 4
      549 44 <L Singapore Soviet Shipping <ag> Co. Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTACAHAYA CAHI97 20/11 07/12 10/12 21/12 TRAO€ FAST TFS2O3 03/12 11/12 23/12 25/12 ORIENT CORD 106N 08/12 10/12 28/12 30/12 HAIXIONG HXGOS9 15/12 23/12 04/01 06/01 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA
      549 words
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      Page 45 Advertisements Column 1
      1253 45 1 ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL VOY SH CMB HR I GCN I BCN I i£H ANR FEL MSCRAfAELA ?74fr3 26 NOV 30 NOV 09 DEC 11 DEC 13 DEC 16 DEC 17 DEC 18 DEC MSC SOPHIE 9747-3 04 DEC 08 DEC 17 DEC 19 DEC 21
      1,253 words
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      Page 45 Advertisements Column 2
      1416 45 Ivtssa WW PJUW6- sw«f I HMI I SOD In* I w I Hi irasa rnmsr I swb Ihb I mmil at Iwtl mk 1 wco I««HST" IMAIM M 77 17.11 Mil M.ll 1111 1111 111 l 1111 MVJUAS 2457 Kll Mil I oTij~ttil mil ~m7 oanuNa wj 0112 mii nil
      1,416 words
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      Page 46 Advertisements Column 1
      489 46 SIN I TIGER WAVE 584N 29-3 CVII 04-06/12 12-13/12 I TIGER ISLAND 586N 01-02/12 o*o9/12 14-15/12 I TIGER BRIDGE 586N 0W»12 10-13/12 18-19/12 I TIGER BAY 587N 07-08/12 13-17/12 21-22/12 I TIGER WAVE 588N 12-13/12 17-20/12 2S-2fi/12 I TIGER ISLAND 589N 15-16/12 20-24/12 28-29/12 I^Sssel^^VOYJ!^^CA^^Sl!^| XPRESS SPORE 250 29-30/11 06-09/12
      489 words
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      Page 46 Advertisements Column 2
      656 46 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tel: *****66 (60 Linas) Fax: *****33 E-mail: flesiri@singnet.com.sg LCL FCL SERVICES FROM SINGAPORE TO SOUTH AMERICA BUENOS AIRES/ SANTOS/ VALPARAISO Overseas Offices Hongkong *****113 flmsQasiaonline.not Port Kelang *****40 flometm.not.my Bangkok *****42 kunthida9floth.co.th Surabaya *****00 flo-subetby.moga.nof.id Jakarta *****48 flot6B9ldrad.net. id Penang *****90
      656 words
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      Page 46 Advertisements Column 3
      1054 46 (Stnqopore) Pte Ltd CPS 70 Amm Rm4 #21-04 (S) *****6 Hi SI3 #01-121 g mmt, /JSVif Q NO *****7M000H 1* 272 7127 a ***** ISO 221 3*42 F«: 272 7*25 BBBiiißßii NORTH AIHRKA USA/ CAMAOA <> AMIKAUA TO USA |sGP SPO OAK CHI |m£m|nY( OUTBOUND jsGf SYD |mE AOL FK£
      1,054 words
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      123 47 LEGEND: R Thunderstorm Temperoture «> c A\ V Shower Weather Wind direction with speed m knots Roin Cloudy Sky Wav K *'9 h Surface winds ore indicated by arrows which Hy with the wind c *cJ* represents calm or light ond variable winds One holf Weche represents 5 knots L—
      123 words
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