The Business Times, 18 December 1997

Microfilm: NL21062
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    20 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c S I N G A P O R E Internet- http://www.asial.com.sg/biztimes THURSDAY, DECEMBER 18,1997
    20 words
  • Article
    MARKET SUMMARY
    24 1 am VMM (+7.76) PI H-fIU U HMB (+18.43) PI VTOQKP U 134M1 (+7.54) PI VrinA U BMJ3 (+12.06) PT ■ABXETHOODs U Dm
    24 words
  • Article
    FINANCE
    75 1 J r-' EkOUNBB KATES* ust s$ UBf 1*88 1.641 1799 Ml 9J64 9962 YEN 199 9.798 IJBl Ml 9X8 9.438 HW 9.129 9118 BAHT 9.921 9.936 JRJPIAH 199 9.918 9.031 'tnfrbank rata FUME BATES SINGAPORE" 477 KUALA LUMPUR J JO JAKARTA 18.10 BANGKOK 119 KAMLA 12J0 HONGKONG 9.50 tAiPB
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  • Article, Illustration
    Lock icon Hashimoto stuns with 2t yen income tax cut
    1170 1  -  Markets endorse 36t yen economic stimulus package, with Nikkei up 3J>% From, Anthony Rowley in Tokyo JAPANESE Prime Minister Ryutaro Hashimoto yesterday presented the Japanese public with a totally unexpected Christmas gift in the shape of a 2 trillion yen (5526.6 billion)
    Source: Dow Jones  -  1,170 words
  • Article
    No reason for S$ fall given strong fundamentals: MAS
    366 1  -  Sing strengthens to $1.6780 against US$ from $L 714 on Tues By< Clarissa Tan [SINGAPORE] The Monetary Authority of Singapore (MAS) said yesterday that there is no reason for the Singapore dollar to weaken, given the country's strong fundamentals. It said
    366 words
  • Article
    STII rises but broad market weak
    230 1  -  By\ R Sivanithy [SINGAPORE] A strong session on the Japanese and Hongkong stock markets and the easing of pressure on regional currencies led blue chips here and in Malaysia higher yesterday, although gains were not reflected in the broader market. After losing 153 points
    230 words
  • Article
    Alliance seeks Santa Claus with $6m or more to spare
    646 1  -  Securities firm back in business and ready to seQ in part or whole Byy Clarissa Tan David Boey and Davldßoey [SINGAPORE] Alliance Securities is on the market for at least $6 million, following the conclusion of a two-year stock exchange
    646 words
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      Page 1 Advertisements Column 1
      146 1 imbbb ML tikis 7th qpt Neptune Orient Lines' acquisition of American President Lines has Catapulted the nafrinnal carrier into the big league with the seventh largest carrying capacity, SilHl gThaaaPgl flmtwaflarwni tteju The yuan is resistant to the contagion in Asia mainly because It's traded hi a dosed market, PgB
      146 words
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      Page 1 Advertisements Column 2
      12 1 Uncertainty BHHWHB fw|KBs»gfi dogs Korean polls ruii report, r* Editorial, Pg 13
      12 words
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      Page 1 Advertisements Column 3
      54 1 Philippines seta up hedging facility for firms, Pg 6 Suharto resumes work today, stocks rise 3.4%, Pg 6 S Korea sends conflicting signals about commitment to reforms, Pg 6 Thailand probea domestic speculation, Pg 6 Great wall around the yuan, PgB jt* m J|HB| Hljpr Available at Goldlion Boutiques and
      54 words
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      Page 1 Advertisements Column 4
      58 1 <^H Monstrous effects [TOKYO] Japanese high school students watching a large screen in Tokyo yesterday showing a news story of a television cartoon "Pocket Monsters", which had reportedly triggered seizures in more than GOO children around the country. Hundreds of schoolchildren suffered convulsions, vomiting and other symptoms while watching the
      58 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      WTO offers took into account other nations' proposals: MAS
      441 2  -  It responds to critics' views that its offers on financial services were minimal By* Clarissa Tan SINGAPORE'S recent offers in the World Trade Organisation financial services talks, which have been described as superficial by bankers and brokers here, had to take
      441 words
    • Article
      Business council meeting yields S'pore-UK tie-ups
      254 2  -  Among them is one which aims to boost IT opportunities By, Annette Pau THE Singapore Federation of Computer Industries has signed a memorandum of understanding with the UK Computing Services and Software Association to improve joint exploration of IT business opportunities between the two
      254 words
    • Article
      URA to spend $10m on S'pore River bridges
      207 2 BY early 1999, walking across the Singapore River will be a breeze, thanks to a $10 million plan to provide five pedestrian bridges. The Urban Redevelopment Authority plans to build three new pedestrian bridges at a cost of $7.4 million within Robertson
      207 words
    • Article, Illustration
      Lock icon Progress payments slow in Sept
      308 2  -  EYE OH THE ECOMOM7 Construction By. Diana Oon PROGRESS payments for construction projects slowed down sharply in September, going by latest preliminary figures from the Construction Industry Development Board (CIDB). A total of $1.43 million was paid out to contractors for projects in progress in
      Source: CIDB  -  308 words
    • Article
      PPD's first land sale draws 2 bids
      107 2 THE Primary Production Department's (PPD) maiden tender to sell a plot of land at Sungei Tengah for a proposed farm produce centre has attracted two bids, from ÜBTS Pte Ltd and Goodland Development. ÜBTS put in the higher bid, at a total of
      107 words
    • Article, Illustration
      Lock icon Drive makers face rocky 6 months before upturn
      421 3  -  Research firm sees more plant closures, output slowdown, fringe players falling By, Jennifer Lien DISK-drive makers are in for a rocky ride for the next six months, but there will be light at the end of the tunnel, says research firm Trend
      Source: Trend Focus  -  421 words
    • Article, Illustration
      Lock icon Isetan to refashion Wisma branch for young crowd
      415 3  -  By. Jenny Lam ISETAN Singapore will be spending up to $800,000 to reposition its Orchard Road branch in Wisma Atria as a young fashion department store next year. Isetan Singapore senior director T C Lim hopes that, with the repositioning, sales at
      ARTHUR LEE  -  415 words
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      65 2 i x. j ~A I within 1 j3few or white gold cases purebred slimne**.!es Ewentielles, by Vacheron Constanrin. Discretion in space and time. VACHERON CONSTANTIN The world s oldest watch manufacturer Geneva, since 1755 Authorised Retailers: Cortina Watch Tel 339 9185 Roy Eastern Watch Tel 734 1935 Sincere Watch Tel
      65 words
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      Page 2 Advertisements Column 2
      164 2 fj\T iHBUtT UKodgk "OHOTO iwHfcwi SINCE 1964 Va hour Colour Print 1 hour E6 Slid* Procesa Canon Instant Colour Lmr Copy/OHP I.CTPaaaport Instants Lamination Available at 081-15 Orchard Towers, Orchard Road »Tat: *****15 THE PROFESSIONAL LAB WITH COMPLETE SERVICES Commercial Exhibition Enlargement for Displays Light Box (Up to 20 ft)
      164 words
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  • Page 3 Advertisements
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      291 3 Daily Set Menu For 10 Persons $628 iH (UKW-) (UP:s7oB^> g Cold Lobeter Salad Cold Lobster Saiad 8.8. Q. Suckling Pig witt, Suckling fig v 8 8 Braised Mini Superior Shark's Fin To Tiao Qiang" with Three Treaautea Sauteed Scallop Cowl Sliced Abalone a "»«< Vtg»takta. with King's Mushrooms Braised
      291 words
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      Page 3 Advertisements Column 2
      156 3 ganarate more Service w,Hu number par t why not tubcrib* to ITFS country today. Give us a at that meant 141 or fax customer I, mora number par Altarnttivaly, you can country to you free- Al Pi^'nP^L u> at of-ch«rj« (ro» wt,kh«.r IjS? n ,W>4..1 np ,.t.c. n1 M"S country
      156 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      No signs of a slump here
      698 4  -  While the overall market softens, prices at The Atria in the East Coast are holding up at prime levels By] Diana Oon [SINGAPORE] OMES in The Atria, Hon the East Coast area's Meyer Road, are fetching prime district prices of between $1,300 and $1,500
      698 words
    • Article
      House Hunt
      984 4 Property transactions for districts 15 and 16 (sectors 42 to 45 and 46 to 48) lodged between Nov 27, Wand Dec 13, "97. PROJECT NAME/ PROP CONTRACT TENURE BU&THII/ PRKE PSf STREET NAME TYPE DATE LANOAJtEA* (SOFT) (SS-OOO) (S$) District 15 Non-Landed Amber Point Apt 6/10/97 FH 1668
      984 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      438 4 THE BUSINESS TIMES EXCLUSIVE The making of every Jaeger-LeCoultre watch is guided by its motto "the hand, heart and eye", referring to the highly-regarded skills and virtues of its watchmakers. L Expertise that has made Jaeger-LeCoultre a name renowned jHt for numerous achievements and a marque of success. Hl The
      438 words
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      Page 4 Advertisements Column 2
      46 4 TONG BUILDING Along Orchard Rd Prime freehold office floor for eale Opposite Ngee Ann City, 2 mins walk to Orchard Road MRT station 4 separate strata titles. Total strata area 5,812 sq ft. Building recently refurbished Call Sole Marketing Agent Investment Department "Tel: 224 SI 81
      46 words
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  • Page 5 Advertisements
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      132 5 James Bond s Choice I •-<."£'•• t'^-v/^^B \gs.. I *^B H 1 'ill l I '^l I I &:.v. g #fe 'i k <■> a*, ,-■><■) vm -r?w rsw^^^W <?« ty? qe^H t ;^^*v' BPP»|^^Wf-aSal^^B v > v;: mm I air HL ■P-—*#i- I Kae M iMk.' ms I EjJ
      132 words
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  • MARKETS IN TURMOIL
    • Article
      Lock icon Thailand probes domestic speculation to curb baht plunge
      475 6 Reuter AFP Bloomberg [BANGKOK] Thai authorities have stepped up their investigations into recent speculative attacks against the baht by local traders and are ready to take tough action against those who have bought dollars heavily, official and trade sources said yesterday. The
      Reuter; AFP; Bloomberg  -  475 words
    • Article
      Philippines sets up hedging facility for firms
      482 6  -  Central bank moves to stem peso's continuing fall a garnet gfftAifhflffc From. Al Labita in Manila PHILIPPINE monetary authorities, under fire over the peso's continuing fall, are setting up a hedging facility to cool off the heated speculative attacks on the currency, an
      482 words
    • Article, Illustration
      Lock icon S Korea sends conflicting signals about commitment to reforms
      659 6 Won falls 3-4% as companies bny US$ to pay for imports, debt Bloomberg AFP [SEOUL] South Korea delayed plans to bolster banks and offered aid to brokerages, sending conflicting signals to the International Monetary Fund about the government's commitment to financial
      Bloomberg; AFP; REUTERS  -  659 words
    • Article
      Suharto to resume work today, stocks rise 3.4%
      611 6  -  Govt also says it will try to honour foreign debt obligations From S S N Vasuki in Jakarta PRESIDENT Suharto returns to work today after an enforced 13-day rest period, the government said in an announcement that cheered the markets. It also
      611 words
    • Article
      Lock icon Germany, US agree to reject IMF plea for more cash
      358 6 Reuters [WASHINGTON! The US and Germany closed ranks on Tuesday to reject a plea by the International Monetary Fund for tens of billions of dollars in extra cash to cope with Asia's deepening monetary crisis. German Finance Minister Theo Waigel
      Reuters  -  358 words
    • Article
      Lock icon Thai private sector owes US$72b to foreigners: minister
      292 6 Bank chief heads for Tokyo to discuss private debt roll-over AFP [BANGKOK] Thailand's private sector foreign debt stands at US$72 billion (*****.4 billion), with about half owed to Japanese creditors, Finance Minister Tarrin Nimmanahaeminda said yesterday. Officials have said the country's official
      AFP  -  292 words
    • Article, Illustration
      Lock icon Aussie dollar tipped to sink to 10-year low
      213 6 AFP [SYDNEY] Australia's economy trembled in the face of Asia's entrenched economic crisis yesterday as the tourism and education sectors weakened alarmingly and the dollar was tipped to plunge to a 10-year low. "The Aussie dollar has fallen by so much so
      AFP  -  213 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia's trade surplus up 80% to US$7.7b
      274 7 JAKARTA Jan-Sept exports up 9% to US$39-5b while imports are down 0.5% to USs3l.Bb AFP INDONESIA recorded a US$7.7 billion (Ssl3 billion) trade surplus in the first nine months of 1997, 80 per cent up from the same period last year. Industry and
      AFP  -  274 words
    • Article
      Lock icon New army chief for M'sia from Jan 1
      145 7 KUALA LUMPUR Bernama MALAYSIAN deputy army chief Mohd Zahidi Haji Zainuddin will assume the top army post on Jan 1, replacing Ismail Hassan who has retired. Lt-Gen Mohd Zahidi will rise a rank to full general. His promotion was announced by Defence
      Bernama  -  145 words
    • Article
      Lock icon Vietnam's creditors to write off US$451m
      330 7 HANOI Move will dear way for Hanoi to sell its first international bonds early next year Bloomberg VIETNAM'S creditor banks agreed to write off US$45l million (Ss76o million) in debt dating to the *****, clearing the way for the country to sell its first
      Bloomberg  -  330 words
    • Article, Illustration
      Lock icon Pahang, S'pore agree to step up cooperation
      157 7 KUANTAN Bernama PAHANG and Singapore have agreed to improve bilateral cooperation in tourism and manufacturing, Mentri Besar Khalil Yaakob said yesterday. He told reporters this after receiving Singapore's High Commissioner to Malaysia K Kesavapany. Mr Khalil said cooperation between the Pahang State Development
      Bernama  -  157 words
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      Page 7 Advertisements Column 1
      30 7 ill illII D' 1 I i ji,, ill! > M, (Si! MPlsSt'is '<f le c c i the paragon, hilton shopping gallery, takashimaya dept. store raffles hotel arcade, sogo raffles city
      30 words
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      Page 7 Advertisements Column 2
      168 7 £=$20,000 Worth of exclusive Items must be given aweyl ISTICKERI MJR m njffiy y 1H Collect the GOLD end SILVER stickers 9 II IjjH foend on HERMA LABEL pocks end IP IP redeem them for these Incredible gifts! W'w J stationery m hnnklhnn* w your gifts from: Keldl Co Pte
      168 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Great wall around the yuan
      792 8  -  cam* watch The currency's resistant to Asian contagion mainly because it's traded in a closed market By Lu Ning CHINA'S chief WTO (World Trade Organisation) negotiator Long Yongtu was quoted earlier this week as saying: "The degree of economic openness is not necessarily linked to
      792 words
    • Article
      Taiwan police detain and quiz Lai Sun chairman
      532 9  -  TAIPEI 83-year-old HE tycoon questioned over alleged role in land r*7i>ning gmndfll By] Bruce Cheesman HONGKONG tycoon Lim Poryen underwent more than 16 hours' interrogation in Taipei yesterday after police seized the 83-year-old chairman of the Lai Sun group as he was
      532 words
    • Article
      Consumers win big as Taiwan telecoms is thrown wide open
      444 9  -  TAIPEI By] Bruce Cheesman MOBILE phone subscribers' frustrations at having to wait more than eight months for a number are over. Yesterday, Chungwha Telecom reluctantly gave up Taiwan's most profitable monoply. Amid a barrage of publicity and free offers that
      444 words
    • Article
      Lock icon Ming Pao to close China edition of magazine
      220 9 HONGKONG It cites restrictions on circulation; Asian edition not affected Bloomberg HONGKONG publisher Ming Pao Enterprise Corp will close its monthly edition of Yazhou Zhoukan magazine that is sold in China, citing Beijing-im-posed restrictions on circulation. While the press has re- mained
      Bloomberg  -  220 words
    • Article, Illustration
      Lock icon KMT clarifies president's remarks
      266 9 TAIPEI Bridge News Reuters REPORTS on several Taiwan television networks yesterday that President Lee Teng-hui had instructed the cabinet to prepare a number of sweeping financial liberalisation measures appear to have been based on a misunderstanding, a document released by the ruling Kuomintang party yesterday afternoon
      Bridge News; Reuters  -  266 words
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      1802 8 HHP SENS HUIT CS. ITS (Incorporated in the Republic of Singapore) Natica af Aaaaai ••■•rai Haatlaa NOTICE IS HEREBY GIVEN That the Fourth Annual General Meeting of the Company will be held on Thursday. 15 January 1998 at 2.30 pm at 365 A Jalan Besar Singapore *****5 for the purpose
      1,802 words
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      Page 8 Advertisements Column 2
      237 8 Marble and Granite Specials* nee 1987, TSM Group, through its wholly-owned subsidiary Tien Seng Marble HI as a premium quality marble and granite. It is also a one-stop centre for marble and granite providing a range of integrated services from designing to cutting, polishing of marble, granite and homogeneous tiles.
      237 words
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      12 9 ■v |«i hliOm, 26/77 Boa! CfcMy A JL mqx>onomiw 1 Wirwiwi—iH.qj ft
      12 words
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      Page 9 Advertisements Column 2
      70 9 riflH "9R 1 wB I I PL V 111 fe dtefe&fr P fIHHHHMHI You never actually own a Patek Philippe. PATE geneve UPPE You merely look after it for the next MlT r7 f^'F^^^^?^^cziQ. generation. The new ladies' Neptune. Hand crafted, with 114 diamonds set in 18 carat solid gold.
      70 words
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  • ASIA
    • Article
      Lock icon Crisis spurs fears Seoul may bail out of reactor project
      342 10 WASHINGTON AFP US LAWMAKERS are voicing concern about the effect of South Korea's financial crisis on construction of nuclear reactors in North Korea by an international consortium. Congress is expected to oppose any increase in funding from the US to
      AFP  -  342 words
    • Article, Illustration
      Lock icon Uncertainty dogs S Korean polls
      557 10  -  SEOUL Large segment of voters still undecided; little choice in terms of policy Byi Louis Beckerling SOUTH Korean voters go the polls here today with little to chose from in terms of policy prescriptions between the two front-running candidates for the presidency. Unofficial polling done
      REUTERS  -  557 words
    • Article
      Lock icon Aussie index points to faster growth
      189 10 SYDNEY Bloomberg AUSTRALIA'S economic growth is likely to continue to accelerate, according to a leading indicator of economic activity which rose in October. The Westpac-Melbourne Institute index of economic activity which looks six to nine months ahead rose 0.5 per cent in October after
      Bloomberg  -  189 words
    • Article
      Lock icon Merrill Lynch considers stake in Yamaichi unit
      390 10 ■TOKYO Mutual fond unit may be purchased jointly with Sanwa Bank Bloomberg MERRILL Lynch Co is considering buying a piece of the mutual fund unit of failed Yamaichi Securities Co, a spokesman in Tokyo for the US investment bank said. Merrill was approached
      Bloomberg  -  390 words
    • Article
      Lock icon NZ current account deficit in worse shape?
      263 10 U WELLINGTON Reuters NEW Zealand's current account deficit may be worse than it looks, ANZ Bank economists said yesterday. They released a report in which they point out that, unlike some other developed countries, New Zealand has yet to adopt the most recent
      Reuters  -  263 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Welsh farmers' beef
      64 11 [LONDON] Over 1,000 Welsh farmers lobbying MPs at Westminster Palace on Tuesday to keep up pressure on the government for special aid to rescue their industry. Britons woke up to a ban on sales of beef on the bone, including popular T bone steaks and roast ribs,
      REUTERS  -  64 words
    • Article
      Lock icon China hails EC view of its market status
      173 11 BEIJING Reuters BEIJING yesterday hailed as "positive and wise" a decision by the European Commission to stop classifying China and Russia as "non-market economies" under European Union anti-dumping rules. "China welcomes and praises the motion, which we consider positive and wise," said
      Reuters  -  173 words
    • Article
      Lock icon SEC probes Nasdaq traders' margins
      256 11 NEW YORK Bloomberg THE Securities and Exchange Commission is investigating Nasdaq stock market traders after investment banks settled charges last year that they colluded to protect their profit margins, said one of Wall Street's top executives. "Hundreds of (Nasdaq) traders on the Street, including ours,
      Bloomberg  -  256 words
    • Article
      Lock icon US to act against M'sia over AIG dispute
      593 11 WASHINGTON Trade sanctions may kick in when KL's 51% foreign ownership cap takes effect in 1999 Bernama THE US, apparently dissatisfied with Malaysia's offer on financial services at the World Trade Organisation, plans to take trade action against Malaysia if it forces
      Bernama  -  593 words
    • Article
      No Fed action before spring: analysts
      609 12  -  NEW YORK Then where US rates gpwill depend on assessment of impact of Asian crisis From< Andrew Marks FACED with the Asian currency crisis, market turmoil, and no signs of inflation in the US economy, the Federal Reserve's policymaking body left key US interest
      609 words
    • Article
      Lock icon Exports will drive German growth: Bundesbank
      351 12 FRANKFURT Bloomberg THE Bundesbank said exports will drive Germany's expansion going into 1998 as long as a slump in Asian economies doesn't curtail demand for German products. In its December monthly report, the German central bank said while the Germany economy will be relatively
      Bloomberg  -  351 words
    • Article
      Lock icon EU overhauls its regional aid policy to refocus on jobs
      322 12 BRUSSELS Reuters THE European Commission on Tuesday announced an overhaul of its policy on regional grants, saying they should focus more on lasting job creation in the European Union's poorest areas. At the same time, the commission agreed that investments
      Reuters  -  322 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      58 11 Christof/e Porcelain Alliance and Floral Microgold Pavilion CnristoTle The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore *****3. Takashimaya Singapore Level 2,391 Orchard Road, Singapore *****3. Tangs Basement, 310 320 Orchard Road, Singapore *****4
      58 words
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      Page 11 Advertisements Column 2
      111 11 HiIWiJS mm tV' > a&flB '**>>'Jf A This Christmas, light up her eyes with something Surprise her with something long and dangling /row o«r brand new Christmas earring collections. But why stop there? Choose from our wide selection of dazzling necklaces, sparkling rings and loveable bracelets too. Unique designs and
      111 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      117 12 o MONT° BLANC In times that are changing i|f ever faster, we need things which y preserve the JUi Meisterstiick Chronograph 18K solid gold, mechanical clock-work, automatic winding, engraved and decorated movement, manufactured in the finest tradition THE ART OF WRITING YOUR LIFE MONTBIANC lOUTIQUIS SINGAPORE: N6EE ANN CITY #01-32,
      117 words
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      Page 12 Advertisements Column 2
      189 12 !~WATERBED i I I fc I Open Daily 1:00pm 7:oopm Easy Payment can be Arranged -CLICK TECHNOLOGY PTE LTDI Blk 144 Viking Road, I #01 -67, S pore *****4 I J (Reside Redhiil MRT Station) !^Li 7 i.^3^ F a^ i 47l_643sj SALUT RESTAURANT WINE BAR CefeSrate Christmas T radittons
      189 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Effect of Asian crisis on US a very mixed bag
      802 13  -  THE BOTTOM LDVE OPINION By Leon Hadar The writer is BT's Washington correspondent THIS WEEKs decision by the US Federal Reserve Board not to raise short-term interest rates highlights the very complex effect that the financial turmoil in East iAsia
      802 words
    • Article
      IN OTHER WORDS
      140 13 The job picture hasn't been this bright in 24 or 25 years.' -GretckenKrMfce an information manager of a recruiting agency as US companies continue a hiring binge. 'Silver is a bit of a Cinderella metal when the party ends and midnight strikes it could come down fast'
      140 words
    • Article
      S Koreans go to the polls
      646 13 EDITORIAL THOSE South Koreans who manage to shake off the sense that the die is cast and their decision is largely irrelevant will go to the polls today to choose a new president As many as one in four out of the country's 32.3
      646 words
    • Article, Illustration
      Lock icon Score one for the unions
      1141 13  -  Trade anions are going global, as the Australian maritime onion's latest win in Dubai demonstrated By Peter Lynch The writer is a Sydneybased journalist who contributes to BT AUSTRALIA'S powerful maritime unions are calling it one of their biggest victories. But over whom, they are
      FILE PHOTO  -  1,141 words
    • Article
      WHAT THE OTHERS SAY
      757 13 THE Asean summit that has just ended had its salutary moments, largely because of the presence of Asia's two biggest powers, which, though not members of the association, maintain a dialogue as part of a larger meeting of Asian minds. We say salutary because these two
      757 words
  • Page 13 Miscellaneous
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  • A LEAGUE OF THEIR OWN
    • Article, Illustration
      Lock icon Labouring for the common man, quietly
      1854 14  -  NTUC's director of legal services believes the best battle is one that is won through skilful negotiation, persuasion and influence, reports jatmtiee JAIME EE YOU won't ever catch Halimah Yacob doing a Norma Roe. In the movie about a downtrodden Southern textile worker who
      ARTHUR LEE  -  1,854 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      144 14 Hidden gems are the most intriguing. Reverso Joaillerie. AVANTWATCHMAKER AND THE JEWELLER COMBINE THEIR SKILLS TRIBUTE TO YOUR k PRECIOUS YOUR IDENTITY AND YOUR M^Tvr^Vv'ak time. The essential if|^^^8B HOURS AND MINUTES >^k^Eflk5» v >UK X flk' w YOUR LIFE ARE ■P r ,.ijgL Aw >f^titx#Wm FAITHFULLY RECORDED "VQSMfiRfc^ ON
      144 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      188 15 Where to wine, dine and <*y^wfS£s. -nmrn-m* *ST- The Hukert s Grill retiir:.- by topular demand for Xmas Eve Day and New Ye.u'i Eve& Day only. Serving our renowned gourmet buffet. So all 839 1555 now to book your table. Also available are private rooms for your Xmas Office parties.
      188 words
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      Page 15 Advertisements Column 2
      269 15 IMarketSquare RESTAURANT FOOOCOUfT WINE CELLAR I tfyaport'sfyst Theme Restaurant Foodcourt European countryside ambience Your table is reserved while you explore our wide variety I %PiCT *M\m I of Asian Western favourites I p •No messy, uncleared tables f e Jr tai Assert 1 Pay only when you leave J (from
      269 words
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      Page 15 Advertisements Column 3
      210 15 For the best catch toum with the greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting, Terrace Open daily for all-day dining, alfresco style with an exotic alinese setting. For reservations, please call 731 7990. S3 OVAL CROWNE PLAZA* siaeaeoei Fmmwty afcr ftya/ HaLdmy hm
      210 words
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      Page 15 Advertisements Column 4
      249 15 rial's im ia (fati\ lii'twitf it it Siaday Clatiifitd this niitiii V. V [^J v^Oera-SMcroflE CHRISTMAS EVE Lobby: Carolling from Bpm to 8.30pm j Cafe Victoria Christmas High-Tea buffet. Buffet Dinner Late Supper Carlton Brasserie Sumptuous s<ourse set-dinner Lobby Lounge Egg nog and your favourite cocktails CHRISTMASDAY Lobby: Carolling from
      249 words
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      Page 15 Advertisements Column 5
      206 15 —3C— Mandarin Singapore Presenting The Longest Buffet Spread at Mandarin's Annual CHRISTMAS FINLAND 25 Dec 1997, Thursday 1 lam 3pm Mandarin Ballroom Join us for fun fir games with fILJV Moe Alkaff Call 831-6288 for your tickets 333. Orchard Road. Singapore *****7. Tel: 737*411 Lunch On Roast Turkey, Ham And
      206 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      763 15 TVVRADIO rriMlii 11 (See Our Choice). tials. 1/iUi :I»i fTTTTBI— 1030 News 5 Tonight. 2.00 TV Innovations. 24)0 PM TV Innovations. 11.00 Business Day. 4.00 Cinta Korporat (Drama) 230 The Winners. ILIO Baywatch Nights Hot (r). 3.00 Money. Money, Money. Winds. SUM Men it i Pelangi (r). 330 Tech 2000.
      763 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      207 15 CRYPTIC CROSSWORD 9 A trouncer trounced in one 28 This minor burn could startle 28 29 Ruin a stew with stirring (5) DOWN 15 Superior boat wrecked SOLUTION 1 King, say. with attendants fol- 7 Ha^ U mlr^^Sn y 2^ d k 5) Inlili li lilnlili Inl lowed by jester
      207 words
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  • COMPANIES & MARKETS
    • Article
      AFP chalks up $62m in net profit
      463 17 Company posts surprise $49m of 'unrealised ATfhangA gains' [SINGAPORE! As expected, the currency impact featured prominently in Asia Food Properties' latest set of results but what would have surprised shareholders must be the group's announcement of "unrealised exchange gains" of $49 million. The
      463 words
    • Article
      Lock icon SingTel shares rise on strong Belgacom forecast
      502 17 Bloomberg [SINGAPORE] Singapore Telecom shares rose on a better earnings forecast from its Belgian affiliate Belgacom SA, which yesterday announced an offer to buy Cipe France SA, an operator of security systems. Sing Tel stock rose four cents to $2.95, with 7.64 million
      Bloomberg  -  502 words
    • Article, Illustration
      Lock icon Creative, Cerebos shares rebound as earnings prospects improve
      295 17 AFTER a recent selldown, blue chip counters Creative Technologies and Cerebos Pacific yesterday rebounded by 17.5 and 3.8 per cent respectively as investors reassessed the two companies' earnings prospects. The computer sound card maker shot up by $5 to $33.50 on volume
      Source: Bloomberg  -  295 words
    • Article
      Currency turmoil a blessing in disguise for shipyards
      774 17  -  HOCK LOCK SIEW Conrad Raj IN THE current swirling sea of economic and financial turmoil, there appears to be one ray of hope. Doomsayers have long and often predicted the demise of the shiprepair industry but it continues to struggle on and
      774 words
    • Article
      WBL profit falls 14%; Wearnes Int'l net tumbles
      370 17  -  Group sees healthy outlook for IT, hard times for trading /ty. Jennifer Lien [SINGAPORE] Weak showings in its trading and property segments pulled WBL Corp's net profit down by 14 per cent for the year ended September, while subsidiary Wearnes International saw
      370 words
    • Article
      Hour Glass doubles interim profit
      202 17 [SINGAPORE] Watch retailer and distributor The Hour Glass has reported a doubling of its interim net profit to $5.3 million for the six months ending September 1997. However, such robust growth may not be repeated in the second half of the year as the company
      202 words
    • COMPANIES
      • Article
        MRCB dives 21% on talk of US$250m loan problem
        387 18  -  Group trying to convert bridging loan to a term one, say analysts From. Eddie Toh in Kuala Lumpur MALAYSIAN Resources Corporation Bhd (MRCB) yesterday plunged 21 per cent in heavy trading on talk that it may have a problem in getting
        387 words
      • Article
        Lock icon 3 US insurers eye Indon banks: report
        100 18 Reuters [LONDON] Three US insurance companies are planning to acquire three major Indonesian banks listed on the Jakarta Stock Exchange, Bisnis Indonesia newspaper reported yesterday. The report said an unnamed executive from one of the insurers had capital backing to buy the banks
        Reuters  -  100 words
      • Article
        Lock icon Renong gets approval to issue up to 10% more shares
        283 18 Shareholders also re-elect retired directors at A6M AFX-Asia Bloomberg [KUALA LUMPUR] Renong Bhd shareholders have given directors of the company the authority to issue a maximum of 10 per cent of its existing shares, a company official told reporters yesterday.
        AFX-Asia; Bloomberg  -  283 words
      • Article
        Vickers acquires 49% stake in top Thai brokerage
        385 18 STORE FIRMS IN FOREIGN BUYS N&va Securities stake to be sold for lb b&ht cash [SINGAPORE] Vickers Ballas Holdings is buying a 49 per cent stake in Nava Securities, Thailand's second biggest broking firm, for 1.05 billion baht (5537.3 million) cash. Nava.
        385 words
      • Article
        Jade to buy Philips' leadframe ops
        237 18 [SINGAPORE) Sesdaq-listed Jade Technologies plans to buy the leadframe-making assets of Philips Semiconductors for about US$l4 million (5523.6 million). The purchase, which comes with a three-year orders guarantee from Philips, should boost Jade's earnings this fiscal year, the company said yesterday. Philips is said
        237 words
      • Article
        Acma to buy US firm
        136 18 [SINGAPORE) Acma yesterday announced that it has committed to buy an effective 68 per cent interest in Davin Enterprises Inc, a little-traded US public company on the Nasdaq Bulletin Board (NBB). The acquisition will see Acma inject its 78 per cent share interest in Creative
        136 words
      • Article, Illustration
        Lock icon Magnecomp launches IPO at 55 US cents
        526 18  -  Annette Pau [SINGAPORE] US drive-sus-pension maker Magnecomp International yesterday launched its mainboard offer of 50 million new shares at 55 US cents apiece, amid soft market conditions and a depressed drive industry. Mak Lye Mun. head of corporate finance at issue managers OCBC
        ARTHUR LEE  -  526 words
      • Article
        Shangri-La Hotel in asset transfer
        254 18 [SINGAPORE] Shangri-La Hotel Limited (SHL) yesterday said it is transferring its long-term investments to two wholly-owned subsidiaries Orange Grove Holdings Pte Ltd (OGH) and Shang Holdings Limited. The transfers are part of an internal restructuring to consolidate and streamline the group structure, the company said
        254 words
      • COMPANY Briefs
        • Article
          New names for ST Engineering units
          54 18 (SINGAPORE] Singapore Technologies Engineering has changed the names of the following subsidiaries: ST Electronic Engineering to Singapore Technologies Electronics; ST Shipbuilding Engineering to ST Marine. It said the name changes are to rationalise and better reflect the core businesses of the subsidiaries following their
          54 words
        • Article
          Lock icon Lityan project bags licence
          77 18 Bernama [KUALA LUMPUR] Lityan Holdings Bhd said it has a 10-year licence to operate a cost-effective, fast and reliable public wireless data service in the urban and rural areas. The licence was awarded to its subsidiary, Impianas Sdn Bhd, by the energy, telecommunications and post minister
          Bernama  -  77 words
        • Article
          Lock icon RJ Reynolds signs wage deal
          124 18 Bernama [PETALING JAYA] RJ Reynolds Tobacco Co is confident that it will contribute positively to the country's manufacturing sector following the signing of its first collective agreement with the National Union of Tobacco Workers. The agreement provides unionised staff in the company's manufacturing plant in
          Bernama  -  124 words
      • Article
        CNAC closes unchanged from offer price on debut
        445 19  -  Red chip falls below IPO price of HK$l.63 to HKsl-59 before staging recovery From Loh Hui Yin m Hongkong A POOR outlook for the tourism industry cast a pall on yesterday's debut of red chip China National Aviation Co (CNAC). The counter
        445 words
      • Article
        Lock icon Tsingtao, Asahi tie up for Shenzhen brewery
        158 19 AFP [HONGKONG] Hongkong listed Tsingtao Brewery Co will launch a joint venture with Japan's Asahi Breweries in the southern Chinese city of Shenzhen, a local daily reported yesterday. The new beer venture, the first project by Tsingtao working with a foreign brewery, will
        AFP  -  158 words
      • Article
        Lock icon Daiei sets up Japan's first postwar holding firm
        404 19 Move comes on day Japan lifts 50-year ban on holding firms Reuters [TOKYO] Major supermarket chain operator Daiei Inc yesterday announced it had set up Japan's first holding company since the lifting of a 50year ban on such firms. The move, which
        Reuters  -  404 words
      • Article, Illustration
        Lock icon Cartoon based on Nintendo game sends kids into fits
        446 19 Reuters [TOKYO] Japan was in a state of video game shock yesterday after a television cartoon based on Nintendo's popular Pocket Monsters characters triggered convulsions in hundreds of children around the country. A spokesman for the Tokyo Fire Department, which carried
        Reuters; AFP  -  446 words
      • Article
        Lock icon China's Legend in talks to take over IT firm
        155 19 Bloomberg [BEIJING] Legend Group Co, Asia's sixth biggest producer of personal computers, is in talks to take over another company in the information industry. "We've got a very good project under negotiations," Yang Yuanqing, vice-president of Legend said yesterday. Mr Yang
        Bloomberg  -  155 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon RJR Nabisco to cut over 2,600 jobs worldwide
        265 20 THE AXE CONTINUES TO FALL NYT {NEW YORKI RJR Nabisco (foldings Corp said on Tuesday it would cut about 2,600 S)bs in its international tobaco business and eliminate hundreds of positions in its domestic operations. The cuts will result in a fourth-quarter
        NYT  -  265 words
      • Article
        Lock icon Boeing commercial plane unit to cut payroll by 10%
        431 20 Move coincides with an expected peak in aircraft production in mid-1998 Bloomberg [SEATTLE] Boeing Co, after two years of struggling to hire and train enough workers to meet surging demand, said it expects to cut employment at its commercial airline unit
        Bloomberg  -  431 words
      • Article
        Lock icon Polaroid cutting staff by 15%, taking US$310m charge
        363 20 It will also sell its chemical plant in 2nd revamp in two years Bloomberg [CAMBRIDGE, Massachusetts] Polaroid Corp will cut 15 per cent of its workforce and sell a chemical plant to reduce costs and boost its profit, resulting in a fourth-quarter
        Bloomberg  -  363 words
      • Article, Illustration
        Lock icon Belgacom sees record profits ahead for 1997-98
        329 20 Bloomberg (BRUSSELS! Belgian national phone company Belgacom, in which Singapore Telecom is a partner, expects to post record profits this year and next, its chief executive said. John Goossens said at a press conference that the advent of competition in the Belgian phone
        Bloomberg; FILE PHOTO  -  329 words
      • Article
        Lock icon Intel, Sun to work jointly on Merced chip
        276 20 Bloomberg [SANTA CLARA, California] Intel Corp and Sun Microsystems Inc said Sun's Solaris version of the Unix operating system will run on Intel's next-generation Merced microprocessor, the latest endorsement of the powerful chip. The announcement is the latest indication of widening support
        Bloomberg  -  276 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Goldman Q4 earnings down 24% to US$567m
        438 22 Profits fall with Asian markets; firm still upbeat on US investment banking NYT [NEW YORK] Goldman Sachs said its earnings before taxes for its fourth quarter fell 24 per cent to US$567 million (Ss9sB million), as Asian stock markets declined and the outlook
        NYT  -  438 words
      • Article
        Lock icon US banks ease standards for commercial loans
        368 22 Survey finds 40% relax credit terms, up from 14% in '96 Bloomberg [WASHINGTON] US national banks are loosening their standards for commercial loans in part because of growing competition in business lending, according to an annual survey released on Tuesday by the Office
        Bloomberg  -  368 words
      • Article, Illustration
        Lock icon Chase announces big changes at the top
        287 22 FT [NEW YORK] Chase Manhattan, the largest US bank with more than US$35O billion (***** billion) in assets on Monday announced its most sweeping management change since its U5511.35 billion merger with Chemical Banking two years ago. The reorganisation surprised observers by substantially
        FT; Source: Bloomberg  -  287 words
      • Article
        Lock icon Top US pension fund returns 24% for the year
        266 22 Bloomberg [SACRAMENTO. California! The US$l26 billion <Ss2l3 billion) California Public Employees' Retirement System returned 24.3 per cent for the 12 months ended Sept 30, about twice the previous year. US stocks were the best performers, returning 38.9 pep cent for the
        Bloomberg  -  266 words
      • Article
        Lock icon Oil seen at US$18 a barrel in '98
        259 22 EMERGY REPORT Bloomberg (NEW YORK] Crude oil prices are likely to average about US$lB a barrel next year barring any major disruptions to supply, according to the United Nations World Economic Report. Without disruptions "and assuming Iraq continues to export oil as
        Bloomberg  -  259 words
      • Article
        Futures rise in line with other Asian bourses
        156 22  -  MSCI TAIWAN FUTURES By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd {SINGAPORE] The Simex MSCI Taiwan Stock Index futures yesterday responded positively to firmer Asian markets such as Japan and South Korea, gaining 13.4 points to 349.1. Investors pushed technology
        156 words
      • Article
        Lock icon Gold off highs as Japan rally peters out
        264 22 Reuters [LONDON] The price of gold was firmer yesterday on the back of Japan-driven gains, but a lack of follow through in Europe saw prices drifting off from early highs. "Japanese buying set the market alight. But gold ran into some heavy
        Reuters  -  264 words
      • Article
        Lock icon CURRENCY REPORT
        288 22 AFX-Asia AFP London THE US dollar remained weak against the yen following intervention by the Bank of Japan (BoJ) overnight and on the back of the Japanese government's announcement of a surprise tax cut. Dealers said the yen firmed against all major currencies following news of the tax
        AFX-Asia; AFP  -  288 words
      • Article, Illustration
        Untitled
        1446 22 DtTERBAMK CROSS RATES Dec 17 AS C$ BwO ECU Ffr Om HK$ Ind ts hptah Yen Won W K}Mih Ftw SS to* SfrWTSMrt Nmi US$ Australia 0.936 6.178 0.591 3.906 1.166 5.099 25.945 36.355 0.835 9.758 2.537 L122 29.028 26.156 UIO 3.212 0.946 ***** 31.091 0.401 0.658 Canada 1.068 5.834
        1,446 words
    • Article
      COMMODITY PRICES
      1853 23 SICOMrOTPEES Dec 17 RUMER (Mures closwg is <t 5.30pm) RSS 1 CONTRACTU c«rts/k«) Close Volume Op«n Month High Low Sntt (tonnes) Interest J« 98 117.00 370 Feb 98 118.25 118.25 118.25 50 700 Mar 98 119.25 645 Apr/Jun 98 124.50 124.50 125.25 300 ***** Jul/Sep 98 129.75 1845
      1,853 words
    • Article
      WORLD STOCK MARKETS
      2325 23 LONDON Industrials Ok 17 Pence 31 Group 512 *3 AB Ports 303 5 Abbey National 1105 -42 Allied Domecq 533.400 -7.600 Ame« 120 -.600 Asda Group 170.400 -3.600 BAT Ind 567 2.600 BG Ptc 287.400 -5 BICC 161 unch BOC Group 955 -6 BR Petroleum 823 6.600
      2,325 words
    • Article
      Lock icon TOKYO
      1682 23 AFP P Nikkei 225 +55WJ5 STOCKS rose yesterday, buoyed by Prime Minister Ryutaro Hashimoto's surprise announcement of income tax cuts worth two trillion yen (5526.6 billion). Brokers said the size of the cuts was seen as insufficient to boost Japan's flagging economy but it was welcomed as a signal
      AFP  -  1,682 words
    • Article, Illustration
      Lock icon HONGKONG
      1554 24 AFP QHangSeng +***** HONGKONG share prices jumped 3.3 per cent yesterday after two consecutive losing sessions as softening interbank rates and overnight gains on Wall Street buoyed investor sentiment. "Sentiment has been boosted by overnight gains on Wall Street and higher Hongkong share prices on the London stock market,"
      AFP  -  1,554 words
    • Article, Illustration
      Lock icon CHINA
      644 24 Bloomberg QShenzhen Blndex -0.28 CHINA'S B shares were mixed yesterday. Shanghai's B Share Index rose 0.2 per cent while Shenzhen's B Share Index fell 0.3 per cent. Traders said many investors were unwilling to buy shares on concern that China may be forced to devalue the yuan amid the
      Bloomberg; Source: Credit Lyonnsis Securities (Asia) Ltd  -  644 words
    • Article
      Lock icon TAIPEI
      416 24 AFP QwPlotei ****** SHARE prices finished higher yesterday with major stocks across the board enjoying gains in line with stronger overseas markets. "The market opened high in response to an overnight gain in Wall Street, and rises in Hongkong and Japan also helped sustain the positive momentum," said a
      AFP  -  416 words
    • Article
      Lock icon WELLINGTON
      254 24 Bloomberg n Wellington -34.60 SHARES declined yesterday as bond yields surged, tarnishing the appeal of stocks commonly held for their relatively high yields. The benchmark NZSE Top 40-share Index fell 34.60 points to 2,297.76. Within the index, decliners outnumbered advancers 30 to 12. Bloomberg i»» w *t- mm ANZ
      Bloomberg  -  254 words
    • Article, Illustration
      Lock icon BANGKOK
      811 24 AFP n SET Index +£88 SHARe prices rose yesterday, as the baht strengthened and regional currency turmoil eased. Analysts said there was speculative across-the-board buying in blue chips as the Thai unit recovered after days of sharp losses against the US dollar, boosting confidence in the bourse. The SET
      AFP  -  811 words
    • Article
      Lock icon SEOUL
      428 24 AFP n Composite Index +1423 SHARE prices closed 3.5 per cent higher yesterday amid improved liquidity from a rise in customer deposits, but prof-it-taking capped the gains. Upturns were seen in all sectors, supported by expectations of a new economic team after the presidential polls. The Composite Index rose
      AFP  -  428 words
    • Article
      Lock icon SYDNEY
      601 24 AFP PI All Ordinaries +4&0 STOCKS rose yesterday on strong support for resource stocks and a better performance on overseas markets. "A lot of people were bargain hunting and hoping metal prices would rebound some more," said a broker. The All Ordinaries Index rose 48.0 points to 2,562.1. Turnover
      AFP  -  601 words
    • Article, Illustration
      Lock icon JAKARTA
      708 24 AFP Fl Composite Index *1229 SHARE prices closed 3.4 per cent higher yesterday in a technical correction helped by fading concerns over the health of President Suharto, a more stable rupiah and gains in other regional markets. The JSE Composite Index closed 12.29 points higher at 368.68. Turnover was
      AFP  -  708 words
    • Article
      Lock icon MANILA
      284 24 AFP Q Manila -ug SHARE prices slipped slightly yesterday, taking the key index below its psychological support level, amid the peso's continued decline. "Everybody's attention is on the dollar rate and people have been shying away from the market," said a trader. The Composite Index lost 4.48 points to
      AFP  -  284 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares close off highs on profit-taking
        544 25 AFX-Asia UJ Composite Index +12.48 SHARE prices closed higher yesterday, but off intra-day highs, as investors took quick profit on earlier gains, dealers said. The KLSE Composite Index rose 12.48 points, or 2.3 per cent, at 556.79. The Emas Index rose 2.02 at 147.36
        AFX-Asia  -  544 words
      • Article
        Untitled
        9149 25 INDUSTRIALS CoflWMf products 1997 Lut Vol Day Nat Cap High Law Company Sala '000 High Lai P/I $mM 790 220 A|lnomotO 221 1 7 227 221 12.2 89.6 448 112 Angkasa 120 1 56 121 112 2.S 176.9 905 240 Apollo Food Hlg 240 -9 8 278 240 7.0 96.0
        9,149 words
    • WARRANTS & OPTIONS
      • Article
        Impasse on CityDev warrants
        214 26  -  WARRANT WATCH lhj\ R Sivanithy LOCAL property blue-chip City ments' warrants have not traded at ail this week and every day, the bid-ask spread is quite large it was $4.26/$5.50 yesterday and an even larger $3.82/$5.90 on Tuesday. The presence of such a large spread but
        214 words
      • Article
        Untitled
        3648 26 BONOS, LOANS WARRANTS m 1997 Last Vol Day Lot Owll A*g H«)n Law stno Company Sal* *ar- COOO) M0t Law Bsyar Mr Mm 68 11.5 m 3000 m AMOB 05.5******6 I 11-5 -1 14 11.5 H.5 ILS 16 81 14 3160 *Acar ******1USS 14 -1 57 16.5 14 14 15
        3,648 words
    • Article
      CLOB INTERNATIONAL
      2294 26 MALAYSIAN STOCKS Gr Or 1997 Last Vol Day Last Ouott Hv VH Mt M Cap High Low Stno Cawpagf S* COOP) High Leer Buyer S«—r Cvr P/K >m *78 58 m$ 5000 AISB 50c 59 cd 05 226 62 58 583 59 50 13 18 24.0 605 137
      2,294 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1727 27 TUWttVBt C000) VAIUC (*000) m*» ao» txi mub ot> T«m Industry* 71,414 47,672 119,066 160,592 22,045 'JfH! riMnc* 8,702 16,159 24,861 76.647 1U13 67,860 Hotels 2J75 961 3.336 2.994 316 3.310 Proo#f1i»j 10,144 10,9*4 21,056 41.517 3.266 44.783 Plantation 4,441 4.441 2.473 2.473 MMn* 534 534 260 260 6LW 3J97
        1,727 words
      • Article
        MAIN BOARD
        5197 27 Or Or M N1 1997 Last Vol Day Last Quota Olv CM* Yld Nat Cap Avq High Law StHo Cimany Sate COOP) Ml» L— ■wyar laWar Cw P/t $m* Prtea INDUSTRIALS 157 26 a 1020 ACE Dynamic s60c 28 »1 452 28.5 28 27.5 28.5 22.9 29 5146
        5,197 words
      • Article
        SESDAQ
        1234 27 Or Or M wt 1997 Last Vat O.y Lait Ouota Wv Dtv YM Nat Cap Ayg High Lao StNo Company SaM COOO) Hl«k La» Buyar Sadar Cvr P/E $md PDca ICSMQ 186 76 a 2000 ABRHIdqsSc 135 unci 29 136 112 07 118 3.0 6.0 ai 192.9 60 0
        1,234 words
      • Article
        Untitled
        213 28 Stacks VoJwne *M Resources 13,501,000 Noting In* NTS 10,762,000 STEngglOe 9,598,000 *Promet 9,311,000 *MM Capiat 8,581,000 SingTel 15c 7,649,000 *Rekapadfic Bli 7.5ROOO *RH6CapWt99 3,897,000 City Dev 50c 3,040,000 FtJt 2,828,000 Stacks DBS Foreign 35,399,839 SingTel t5c 22,490,397 City Dev 50c 21,940,944 FS* 19,446,004 (JOB Foreign 18,094,878 SIA Foreign 15,511,376 KeppetCorp
        213 words
      • Article, Illustration
        HOT STOCK
        69 28  -  by Ven Sreenivasan FRASER NEAVE, which fell sharply following a worse than-expected drop in profit, is hovering precariously above its psychologically important support level of $6.50: Although the RSIs show the stock in an oversold position, given the current market mood it is unlikely to see a significant
        69 words
      • Article, Illustration
        STII posts 1st rise in 7 days, but broad market sags
        682 28  -  STOCK MARKET COMMENTARY Bine chips' gains attributed to technical factors; rumours about companies defaulting on loans drive investors to the sidelines By R Sivanithy [SINGAPORE] Thanks to ah easing of pressure on the regional currencies and decent bounces in
        682 words
      • ON THE GRAPEVINE
        • Article
          SCV's 'Support the Boss' moves
          233 28 ON TUESDAY, we reported that Singapore Cable Vision's (BCV) president Daniel Goh was to leave the company, paving the way for a new man at the helm, Yong Lum Sung. Our report by Catherine Ong said Dr Goh was leaving at a time when morale
          233 words
        • Article
          Stuffing the turkey
          72 28 IN ANTICIPATION of being named in BT's annual "Turkey Awards", a major property developer in town attempted to out-manoeuvre us by sending us a turkey first. In keeping with the Christmas spirit, the roast turkey was auctioned off to staff and the money given to charity. To
          72 words
        • Article
          J P Morgan wins derivatives award
          99 28 J P MORGAN has been named top house in Asian derivatives in Asia Risk's survey of derivatives dealers in the region. Asia Risk is the sister publication of Risk, a leading magazine for financial risk management. J P Morgan snatched the award from Chase
          99 words
        • Article
          Brokers turning poetic
          133 28 SOME stockbrokers are taking a philosophical view of the collapse of stock markets 4n the region while others are turning poetic. A dealer yesterday foxed us this poem composed by his colleague titled Ode tothe Demise of the Stockbroker which laments the plight feeing many in the
          133 words
        • Article
          Wine, cheese – plus a bargain to lose
          103 28 Wine, cheese plus a bargain to lose INS COMMUNICATIONS, which publishes magazines like the Financkti Planner and Asia Insurance Review, is launching a new book, Investing in Unit Trusts in Singapore, at a wine-and-cheese party td be held at the Provignage wine bar at Robertson Quay tonight. Wonder if the
          103 words
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      160 18 IDe'ue brought back something that's been missing from Friday nights for quite a while. Style. 1 i In jAI I m Btl H jfl Step into an era where everything is choreographed to perfection. The sound is Big Qand, the dining is intimate, the dress is lounge suit and the
      160 words
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      Page 19 Advertisements Column 1
      162 19 n celebration of this outstanding victory by Subaru, Motorlmoge and Fup Heavy Industry, the hwhbtvmiiifo»you«<« I -w I -w manufacturer, ore offering the best trade-in value for your used cor. Don't miss this opportunity to change to a Subaru Legacy TODAY! $m»oo sumo With the plunge in COE prices, we
      162 words
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      Page 20 Advertisements Column 1
      128 20 Just imagine it at J.P. Bastiani: Roast Stuffed Turkey on the Wagon, succulent Fresh Oysters, Smoked Salmon. Christmas Pudding and Yule Log Cake... these are just some of the festive lunch treats you can enjoy. Executive Chef John Beriker's incredible Festive Buffet Lunch is only available from 8-24 December! That's
      128 words
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      Page 20 Advertisements Column 2
      30 20 ALFRED DUNHILL LONDON The I Alfred Dunhill SALE IS NOW ON VISIT ALFRED DUNHILL AT RAFFLES HOTEL ARCADE. THE PARAGON, NGEE ANN CITY. SOGO RAFFLES CITY AND DAIMARU LIANG COURT.
      30 words
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      Page 21 Advertisements Column 1
      163 21 11l rnqgnccomp international MAGNECOMP INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore on 28 November 1995) INVITATION IN RESPECT OF 50,000,000 NEW ORDINARY SHARES OF Sso.lo EACH COMPRISING:(1) 10,000,000 OFFER SHARES AT US$O.55 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (2) 40,000,000 PLACEMENT SHARES AT US$O.55 FOR
      163 words
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      28 22 JOHOR BAHRU^m FACTORYFOR SALE I OFF JALAN TEBRAU lAND AREA 61,000FT 2 TARGET COMPLETION DATE: Registration No.: S9/KM/16/04/94 (Pelan bil. IA-1J) DECEMBER 1997 CALL 745 4111 ext 27
      28 words
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      Page 24 Advertisements Column 1
      52 24 I'd like to place an A buyer I love this car Mlk advertisement to J I the very I J that I found \seU my next day./ I through I f Qni f \TTie Straits Times# I. lPs'\ whata is The Straits Times Classified is child's Play. pretty car! J
      52 words
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      125 26 WLw 1 YOU ARE JUDGED BY WHAT YOU WEAR *^*****1111^1111^ W CYC'S TAILORED SHIRTS WILL SET YOU APART. wear readymade shirts made for the average body? At CYC, every shirt is skilfully crafted for your body giving you just the right tjfmSfit- And you have our word on it each
      125 words
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      444 28 BUSINESS Notices To advertise call toll-free 1800-741 1883 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF B.E.F. IMPORT EXPORT PTE LTD (MEMBERS' VOLUNTARY WViOtNG-UP) At an Extraordinary General Meeting of the Members of B.E.F. IMPORT EXPORT PTE LTD. duly convened and held at 5001
      444 words
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      Page 28 Advertisements Column 2
      297 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SINGAPORE LAM ANN HOLDINGS PTE LTD (In Members' Voluntary Liquidation) At n Extraordinary General Meeting of the company duly convened and held at 30 Mohamed Saltan Road Singapore *****4 on 15th December 1997 at JOam the
      297 words
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      Page 28 Advertisements Column 3
      563 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 58 AND IN THE MATTER OF HOCK HENG SENG ENTERPRISE PTE LTD y |L,-t. i.Yiimicn v omnia it Liquidation i At an Extraordinary General Meeting of the Members of Hock Heng Seng Enterprise Pie Ltd.. held at 144 Bukit Timah Road. Singapore
      563 words
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      Page 28 Advertisements Column 4
      22 28 IrtT m Locate its owner through Classification 821 (Found). Simply call CA.T.S. at 1800-737-1166 for this free service. CATS. Another Classified Service
      22 words
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      Page 28 Advertisements Column 5
      677 28 THE COMPANIES ACT. CAP. M DAMANJAYA HOLDINGS PTE LTD (la Menken' Voluntary Wlndtng-L p> At in F.xtraOrxhn»ry General Meetmf of die Company held M JO-2I I Jim nab View. Jiian Bulah Penndu, Damansari Heights. ***** Kuala Lamp*. Malaysia on 12di December. 1997 die following special resolutions were pasted (i) dial
      677 words
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      Page 28 Advertisements Column 6
      96 28 m THE MATTER Of THE COMPANIES ACT. CAP. SO ANO M THE MATTER OP •RAMWELL PTE LTD At the Extraordinary General Meeting of BRANWELL PTE LTD duly convened and held at 58 Neil Road. Singapore *****0. on 10 December 1997. the Special Resolution* set oirf below were duly passed 1)
      96 words
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      Page 28 Advertisements Column 7
      449 28 UIHWA HONG CORPORATION UMITED iiITU (Incorporated in ihe Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN iKat an extraordinary general meeting of the Company will be held at the Function Room, Ground Level, TrodeMort Singapore, 60 Martin Rood, Singapore *****5 on 6 January 1998 at 10.00
      449 words
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      Page 28 Advertisements Column 8
      104 28 NOTICE Philippine National Bank USD 100 mio Negotiable United States Dolar Floating Rate Certificates of Deposit due in September 1999 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the interest period from 18 Dec 97 (inclusive) to 18 Mar 98 (exclusive) the
      104 words
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      Page 28 Advertisements Column 9
      396 28 M THE MATTER Of THE COMPANIES ACT, CHAPTER SO AND M THE MATTER OF J 4 F HOLDINGS PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of J A F Holding! Pie. Ltd. duly convened nnd held at 43 Carpenter Street #04-01 Greatwood Building Singapore
      396 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      325 29 Bridge News Reuters AGAIN, new reports of concluded business were slow to surface in late trade here, with most brokers of the opinion that Panamax and capesize rates are on a downward slide at the moment. Fixtures TAMKBB& The Caribbean market continued to strengthen as rates jumped 10
      Bridge News; Reuters  -  325 words
    • Article
      MARITIME STOCKS
      239 29 Mtr *t w «rt«*»nw— an ♦on* W OM *OJOI 91 Cmct kwwtHMNt -0.75 and) M FrMitMl 0 30 -0.05 190 GfltMfln* 012 *0.01 9 WlwHi* 0.69 undi 120 HNWMZOMO 0.50 *a02S IMC IHMrji HK&60 JlWHHHl 0.40 line* 32 Jurmq SM»yar6 930 -0.1 S3 UVpJcorp 5.05 ♦O.ll 2662 MwtrtLS
      239 words
    • Article
      NOL jumps to 7th spot in rankings of top liners
      512 29  -  Acquisition of APL catapults national carrier into world's top 10 By) Felix Chan [SINGAPORE] Neptune Orient Lines' acquisition of American President Lines has catapulted the national carrier into the big league with the seventh largest carrying capacity. NOL leapfrogged over
      512 words
    • Article, Illustration
      Lock icon Sri Lanka to finalise port deal with P&0 by March
      275 29 AFP [COLOMBO] Sri Lanka will conclude a controversial port development deal with Britain's Peninsular and Oriental Steam Navigation Co (P&O) by March despite trade union protests, Ports Minister Mohammed Ashraff said on Tuesday. The lease of a section of the
      AFP  -  275 words
    • Article
      Lock icon Sea-Land may pull out of New York port
      586 29 Dispute over plan to jack up payment for lease renewal Lloyd's List [NEW YORK] Sea-Land is threatening to pull out of the port of New York and New Jersey in a row over sharp increases in lease payments proposed for its terminal
      Lloyd's List  -  586 words
    • PORT Shots
      • Article
        Lock icon Japan's export shipbuilding orders up
        63 29 AFP [TOKYO] Japanese shipyards received export orders totalling 451,000 gross tonnes in November, a 117.9 per cent jump from a year earlier, an industry group said Tuesday. The November export orders were for 12 vessels, including two oil tankers totalling 40,600 gross tonnes and 10
        AFP  -  63 words
      • Article
        Lock icon More Taiwan lines to sail across strait
        75 29 AFX-Asia [TAIPEI] China will allow more Taiwan shipping lines to offer regular cross-strait services via stopovers at third destinations, a senior official with China's transportation ministry said. Li Xin, deputy director of the ministry's Taiwan affairs office, was quoted by the Economic Daily
        AFX-Asia  -  75 words
      • Article
        Lock icon Melbourne Docklands awards contract
        56 29 Bloomberg [MELBOURNE] A group of companies led by Mirvac Ltd, an Australian property developer and constructor, has won the right to develop the next precinct of the Melbourne Docklands, said Victoria State Premier, JeffKennett. The Docklands, in Melbourne's west, are being redeveloped into separate precincts, including
        Bloomberg  -  56 words
    • Article
      Lock icon China slams US for blocking Cosco's Long Beach plans
      413 29 Chinese carrier lost millions, officials claim in tilka Journal of Commerce (WASHINGTON] Senior Chinese officials fired back at US politicians who have blocked plans by China's state-owned shipping line to convert a former Long Beach naval station into a major West
      Journal of Commerce  -  413 words
    • Article
      Lock icon Cosco Pacific to buy into 2 container makers
      201 29 AFX-Asia [HONGKONG] Cosco Pacific Ltd said it will acquire interest in two container manufacturing firms from parent Cosco (Hongkong) Group Ltd for US$5.O9 million (SsB.6 million). In a statement Cosco Pacific said it will acquire the entire issued share capital of Fentalic
      AFX-Asia  -  201 words
    • Article, Illustration
      Container leasing's new kid on the block bides its time to grow
      622 29  -  By Felix Chan WITH 15 years of experience under his belt, Edwin Khoo speaks of the container leasing industry with a mix of enthusiasm and street smart candour. "The industry is very, very competitive with newcomers coming in
      622 words
    • Article, Illustration
      Struggling to make 'white list'
      1206 30  -  SHIPPING COMMUNITY ADDRESSES 'STANDARDS' PROBLEM Despite being given a long lead time, many countries are unlikely to meet the deadline for compliance with STCW '95 By, Jane Lim SOME in the international shipping community must be forgiven for hoping, however wishfully, that mankind can leapfrog
      1,206 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      256 30 PACE ECL 5 ACL 9 EES 8 ML 3 EtMopun 6 Accord 8 Eureh s 6 Appef»h.p 5 Astro 3 Fmua 1 Austral 9 Foon un BSA 7 C link 4 Bdtamnoc 7 Gemartrans S 7 2T I B'tanq Mas 8 CCNI 8
      256 words
    • Article
      SHIPPING GUIDE
      24536 38 EXPORT ETA ETA Advarthar Vnnl Voyaga TaNpKona ETA ETA Advarttwf Viwi Voyaga TaNphom sin o«itn Nama Nama NunMlr Nu«*ar SIN DmCh Www Mm N—>ar Nunfear 31/12 24/01 Evargraan E. GROWTH 02W-040W »-312W1 A 02/01 21/01 COSCO RIVER CRYSTAL 0047W 45 *****0 r inriimruMiMOT M/w Pro Ll proline 4s-32osoo
      24,536 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        704 43 Vessel Voy No Berth Arrive! Peperturt M Harapan 2 *****7 J01 Oomuk 17.12/800 I ***** JO llwpMl 20.12/0700 PyjUyoaamt 2/97 J06 M|lM> I7.8/Z300 Mi* Iris 49 J22 atoDQMtft 21.12/2300 SaM »amor 1297 JM llwpUl *8/1600 Satra Hati *****7 J03 atongudt 1712/2300 Til Cka T016W J1S Monfsidt 17.12/0300 T«
        704 words
      • Article
        CONTAINER SCHEDULES
        1384 43 Kccovmc or room m cowtainehs ano La camo Poothn/lilHiri istts SMp VoyMo Etfc/Btr NfVM Frw T« frm *o Bwy 00H B/UM M MM H/HM VmO BMM BMM BMM a h/bm bmm mm a *."00 "0*51 '''Owe s MM IW B/MM 4 b/bm b/mm rr/rroo MM! Mi MM M
        1,384 words
      • Article
        GLOBAL HOLIDAY
        186 43 Dm 23 Japan: Emperor's Birthday. Dm M Austria, Bulgaria, Czech Republic, Denmark, Finland, Germany. Luxembourg, Portugal, Slovakia Sweden: New Year's Day. Switzerland: Christmas Eve. Dm3§ Albania, Andorra, Angola, Argentina, Austria Australia: Christmas Day. Belarus, Bolivia. Brazil, Bulgaria Belgium: Christmas Day. Brunei: Christmas Day. Cameroon, Chile, Colombia, Congo. Costa
        186 words
      • Article
        COCKETT BUNKER MARKET REPORT
        809 43 THIS report compiled by Cockett Marine Oil Lid. (hows price range* in US dollar* instead at single prices tor a more comprehensive description of the market Prtoss shown are baaed on sv>ragi ilml •tem Hartal movement* are indicated The Cockatt Bunker Price Index chaise and the
        809 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        289 43 m» u &4 o »iilt) 9*m tmttm Uk MmMb hi—l Mt*m£25 1 1 2 0 0 0 «M m.1 0J 1L7 0.M 34 0.02 MM kMI m M IM o.® M 0 04 *wwn %f/f WW —i HiAfvt(3S 4 0 9 0 10 IS0^~tlj-b £S I
        289 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Asia airlines need urgent action to stay in the air
        594 44 Significant revamp required bat analysts doubt if any will be allowed to go bust Reuters [HONGKONG] Some of Asia's best known airlines, hit by the region's economic crisis, must take urgent action if they are to stay in the air
        Reuters  -  594 words
      • Article
        Lock icon Honda to expand UK operations
        306 44 It will create 400 jobs to meet annaal 150,000-car target AFP [LONDON] Honda, the Japanese car manufacturer, said on Monday that it would expand its operations in Britain, creating 400 new jobs, as part of a drive to produce 150,000 cars per year here by
        AFP  -  306 words
      • LOG Book
        • Article
          Lock icon Marubeni wins US$900m plane order
          71 44 Reuters [TOKYO] Japanese trading house Marubeni Corp said yesterday it has received an order for six passenger planes from Taiwan's EVA Air, a unit of shipping giant Evergreen Marine Corp (Taiwan) Ltd. The order is worth about US$9OO million (Sfl.s billion), a Marubeni spokesman said.
          Reuters  -  71 words
        • Article
          Lock icon SA Airways to buy Tanzania airport firm
          89 44 Reuters [DAR ES SALAAM, Tanzania] South African Airways is to buy a majority share in state-run Dares Salaam Airport Handling Company (Dahaco) in a deal worth more than US$6 million, a senior official at Tanzania's privatisation agency said recently. SAA's offer beat nearest
          Reuters  -  89 words
        • Article
          Lock icon Honda to sell low-emission cars
          111 44 AFP [TOKYO] Japan's Honda Motor Co Ltd said recently that it would start domestic sales of low-emission cars powered by compressed natural gas in June next year following its US debut expected in early 1996. The alternate fuel vehicle, Civic GX, produces "almost zero" harmful
          AFP  -  111 words
      • Article
        Lock icon Laker wins court appeal against British Airways
        193 44 Reuters [LONDON] British Airways pic is to face a new court challenge from old foe Freddie Laker and his trans-Atlantic holiday airline Laker Airways Inc. Laker said on Monday it had overturned a ruling made in the US District Court in Fort Lauderdale
        Reuters  -  193 words
      • Article
        Lock icon NZ coalition govt to sell stakes in two airports
        163 44 Bridge News [WELLINGTON] The Nation-al-New Zealand First coalition government yesterday announced it would sell its shareholdings in two regional airports at Rotorua and Palmerston North on the North Island. Finance Minister Bill Birch and State-Owned Enterprises Minister Tony Ryall said in
        Bridge News  -  163 words
      • Article
        Lock icon Infratil eyeing Aussie airports in govt sale
        273 44 Bloomberg [BRISBANE] Infratil Australia, which invests in utilities, ports and airports, said it is on the shortlist for 10 of the 15 airports the Australian government plans to sell next year. The company said it expects to make more investments in its current
        Bloomberg  -  273 words
      • Article, Illustration
        Air France aims to be preferred airline in region
        510 44  -  It's embarking on programme to ensure customer satisfaction By\ Corinne Kerk [SINGAPORE] With Asia-Pa-cific scheduled passenger traffic expected to reach 1.1 billion by year 2010, Air France is planning an aggressive new programme in the hope of being among the top
        510 words
      • Article
        Lock icon Taiwan, Latecoere sign pact for Airbus projects
        229 44 AFP [TAIPEI] Taiwan has signed an agreement with French airframe maker Latecoere to take part in plane development projects for Airbus Industrie, an aviation official said on Wednesday. The memorandum of understanding was signed by Latecoere and David Chu, director of the Economic
        AFP  -  229 words
      • Article
        Lock icon Garuda and four airlines ink cargo deal
        138 44 AFX-Asia {JAKARTA] Garuda Indonesia has signed a deal with Korean Air, Air France, China Airlines and Martin Air of the Netherlands for handling its cargo services, the Jakarta Post reported. The move will help to meet Garuda's rising cargo demand. Korean Air has
        AFX-Asia  -  138 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1505 44 ear maw tr* ruaw era UMM 0T81 1930 0f82 2050 6««»**«HC $0003 19* C2352 0835 $0221 2220 COO 2W WM W MriM KLM3 0550 2335 H"* VN741 1310 VH740 WW 0125 0700 out 2355 WB 1 S025 0700 S026 2355 MM T6407 (540 T64M *45 MOT
        1,505 words
  • Page 29 Advertisements
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      Page 30 Advertisements Column 1
      827 30 SiioAPowi CAUFORmAmmn QmKnmaM mar coat) 1 wssa wr om sa u m vtssa votju mm mm im coi nw m WM* S7WS44 11/11 19/11 21/11 Yl/V\ 11/12 f 4ABBABMT Ml 21/11 21/11 M/ll M/ 11 M/ 12 M/ 12 M/ 12 OBSAKAM 11W544 2S/11 27/11 M/ 11 M/ 11 11/12
      827 words
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      Page 30 Advertisements Column 2
      628 30 LineS services (|hOH by Members of the Registry oI Accredited Shipping Agents Stngapore Shipping Association Members of the Singapore Freight Forwarders ■■■I Association Full Cover Insurance Services To Moscow CIS Mongolia St Call Gareth Evans SOVO EXPRESS PTE LTD Tel: 272 7188 Fax: *****11 E-mail: sovorus@mbox2.singnet.com.sg Sole Agent of Wilhelm
      628 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      904 31 PftQBC SOUTH WIST EXPtESS (PKKT) AISO ACCEPTINGMANAUS VIA LAX/HOU [vcsa I vor Ina Iswi* \mm I m m |w |i« wu ii—»— MFNVfMS lis 15/11 17/11 11/U 02/01 M/ 01 »/»1 07/H M/ 01 M/ 01 P/M >7 >1 W/" inT Wn~ "WTi~ "B7TT m/5T IW" ~i4/oi »/>i is/oi m/oi
      904 words
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      Page 31 Advertisements Column 2
      2166 31 OHANJIN SHIPPING USA CANADA* w» va/yor |w| mi T" sa m oo |mt pm ra ios Iwm o»t i wrT" tvo ml wT ra tti (.miasmm a/u a/iT" kuomsmk/mu 14*1 u*i u*i u*i n/»i n*i 11*1 ii*i a*i a/n **i u*i n/>i m*i a/»t a/ii ttqggw 17/11 11/11 M/U N.IAONSM6/MII
      2,166 words
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      Page 31 Advertisements Column 3
      106 31 PT ORIENT EXPRESS UNES (U.K.) LIMITED OfiL (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESStt VOY SIMGAPOH jQWIAY VBSCI VOY WMT SBWOtI KEDAH 009 20/12 29/12 KEDAH 008 06/12 20/12 ACHIEVER 004 22/12 31/12 ACHIEVER 003 10/12 22/12 ALBERT BRIDGE 009 26/12 04/01 ALBERT BRIDGE 006 14/12 26/12
      106 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      879 32 <<r DSR-SEMTOB ill Round the World Container Services NEW FASTER VESSELS NEW ROUTING TWICE A WEEK LE HAVRE 17 DAYS ROTTERDAM 18 DAYS HAMBURG 20 DAYS FELIXSTOWE 22 DAYS NEWSHIP AGENCIES PTE LTD StNGAPORK TEL: *****0 FAX KMIB3O TLX RS ***** HI ■IW|IMIIWWIIMI ■***** l 111 I HIM >!■■■■ *****11
      879 words
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      Page 32 Advertisements Column 2
      1073 32 LJNE lnteme< **•*> ®M Mp: //www.ymLoom.tw liil &a* Milium-****.-* www H H, Y n«n«* VESJEL VOY L£H FTT HAM AM MFA Ml MALACCA BRIDGE 89/A744E SU) SIO SLO SLO SLO 23/12 MING STAR 02/A745E SLO SLO SLO SLO 16T12 30/12 MING GALAXY 99/A746E 1(V12 11/12 13/12 ISH2 23/12 06/01 MING
      1,073 words
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      Page 32 Advertisements Column 3
      492 32 JESSELTON LINE WBr Jk Ttti MXi 2MU3T mm m n n mm re sraai mmu m im imasm vxt/v a/n a/» imn rm/v n/n n/n mm man ra/w 27/11 n/n trmskart na/n n/n n/11 jnosra vjii/w 11/11 n/it jnon wi/w 11/11 M/n umtum nu/w m/»i v/ii mmmem nn/n m/»i «/m
      492 words
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      Page 33 Advertisements Column 1
      1330 33 IVMSNt VOY SIN I BKK I PQU I PKO I PKN BI.W I BUW IBA IK IRAN MEEZAN PJL-1201 11/11 26/11 24/11 IRAN TVYFOURI PJL-1260 18/11 24/11 IRAN MOBIN PJL-1262 02/12 11/12 13/12 HUN VAHOAT PJ4.-126S 24/12 02/01 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN,
      1,330 words
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      Page 33 Advertisements Column 2
      2341 33 DIRECT SERVICE 1 FROM SINGAPORE TO I 1 SINGAPORE'S GENERAL AGENTS: 6 SNENTON WAT TEL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFICE: COSTAR SNIPPING PTE LTD #17-08 MS MOG SALES/BROS 4205A41/43 INWARD DIPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CRHO: *****8+0000* TOWER TWO (Q6MO+) COWYIWDOWAi 4205R50/S5
      2,341 words
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      Page 34 Advertisements Column 1
      1199 34 I n«n ROM ANW HBG TMP ZEE LHV LMV THP ROM ANW HBG PBL SOP I I DAINTY RW-803 21/12 18*1 15*1 11/91 13AM 14*1 IVSI E. GLOWING RE-042 28/11 27/11 2*ll tl/12 2V12 I E NESULTWMI7 27/12 18*1 21*1 17*1 18*1 20*1 21/tl E. GAINING RE-SSI 82/12 04/12 83/12
      1,199 words
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      Page 34 Advertisements Column 2
      862 34 iSMffl JSSBi!H£.S PORE M SIA MVyVIJ gf!»Jl'win— mmkmrnrnm mmjkimmmm ummaKimmMmr jnjOTMiirnp)i«Mi WSAN 1 USA/JAPAN MV "HYUNDAI DUKE" V.308E MV "GLOBAL HORIZON" V.046E ETA SIN: 22-12-97 ETA SIN: 21-12-97 ROTTERDAM/HAMBURG AUCKLAND MV "PUOWASH SENATOR" V.OOIW MV "FRESHWATER BAT" V.32S ETA SIN: 22-12-97 ETA SIN: 27-12-97 FKHMNTLI SHANGHAI MV "BUNGA DEUMA" V.411
      862 words
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      Page 34 Advertisements Column 3
      426 34 NANTAILINE] FUUY CONTANKRISED SOYKITO MAURITIUS SOUTH AFRICA vessel I vot an I pui I w I <ft I r/iaT tmimm otos n/i? n/n w/oi mm nMunm gg a/i? m m mmmm «<s m/»i mi 14/01 ?i/»i n/n GOIDBIDUCOH OPTS 12/81 g/01 74/P1 31/01 mumnoiKßs om if/oi oa/rc am mm QUO
      426 words
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      Page 35 Advertisements Column 1
      535 35 i BSA x mm{ MYANMA WBBk FIVE STAR UNE (MyaNNior National Uno) 1 loading for Yongon (Raogoon) Vissa VOY SIN PKG PIN PGU HPA-AN 130W IN PT PATHDN 144W SU) MALAYSIA AGCNTS: OOUSTUU) SHIPftNG AGENCKS KUL TU 02-03-2417M0 PKL TH. 02-03-*****01 PtN: TH 02-04-*****02 POO: Til 02-07-*****21/4 BANK LINE (A
      535 words
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      Page 35 Advertisements Column 2
      1189 35 A HYUNDAI MERCHANT MARINE CO. LTD. Ivtssn mI m I ant I ham I oot I m Ivissb vot ta 001 ham m I ant 1 otm IMI HYEMMIOO IWW 12/12 M/OI 00/01 U/01 11/01 11/11 HY DUKE MM 27/11 30/11 joTTTO2/12" 02/12 WIT 22/12 HYGOERAI 301W 20/11 IS/01 10/01
      1,189 words
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      Page 35 Advertisements Column 3
      657 35 /j& FAMOUS CONTAINER UNES I ICS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 2/ HOT LINE: *****33 (30 LINES) WEB PA6E ADDRESS: www.fiwrin.cow.sfl E-—Ai. ADORESS: aiwhiQl—ihi.ctwi^t DAILY SAILING TO T l*s «H j| ATTRACTIVE RATES! CALL IVY FOR BOOKING *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES)
      657 words
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      Page 36 Advertisements Column 1
      928 36 *HaKOK/t*«M CHA»*H« .!*«*«T*/»AUAW VESBEL VOY SIN BKK LCH VESBEL VP V I BIN JKT J PJN MATHU BHUM 364N8 In Pt 21/12 XETHA BHUM 2218 In Pt 20/12 PANU BHUM 018N 10/12 24/12 23/12 XETHA BHUM ***** 10/12 20/12 DANU BHUM 018 MB 20/12 24/12 23/12 ANAN BHUM* 868 20/12
      928 words
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      Page 36 Advertisements Column 2
      640 36 pul internatiomalune MMWXBHI) SSt«S/W VOT I T itm™ HF li I 111! Pi 1111 Pi smjmkizssm j va i voy nri 8 iM 1 fljßJßgj I 'f/12 FH I n/12TPW 20/12 B DKAGON mOMG W I 77/17 ROW I n7H THU 11/111 IHill ITI 'ITltiiw 4 6MMI I 1 "IT'I
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      Page 36 Advertisements Column 3
      726 36 ACCORD A SHIPPINO PTE LTD V-A TH *****1S (40 Lmm) FAX *****30 KtJtLUK ($3) U7 )MI M M W«ICT ACCESS Til: *****55 (KXPOST ftOOUNO) MfItMMM WIS) )V7 *****54 (IXPO«T DOC), *****39 (IMPOST) fBUM (U) 1311*41 wuura s annum SAA/ powt m sin FotT msm potr m sin hhtt to tw
      726 words
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      Page 37 Advertisements Column 1
      494 37 INPONESI/TOmONAniN^^ [TOEUROPE ""j MIUR6 IRE MEN ANTWERP >m«l j ift VI OMIT 13/2 TO AUSTRALIA "~1 WAUL CONTMNER SCTYICg m WY_ wTBT ffll K W B w> nn nt IB— VMS IWI2 2*12 JVI2 82*1 OMM 11*1 ■Tonm ysss zimrwi mi iwi mi mi nn *57j hum nii "tin am
      494 words
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      Page 37 Advertisements Column 2
      1126 37 ADVANCE CONTAINER LINES (PTE) LTD A I Z 140 CacN Street, 4M2-00, PtL Building. Singapore *****0 A* I*l- TEL: *****21, FAX *****19, TELEX RS ***** ACLPL —^CR NO. **********0E OPERATIONS: *****60 *****06 IAWOKOK JAKAAIA raShW r [~~KT VESSEL VOY SM OKK V^ tt VOT E -vw,-, w--. KOTA BERUAN (UTCI)
      1,126 words
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      Page 37 Advertisements Column 3
      870 37 KggigßiliH VESSELS VOY I JED I MLA S HAM THP HTM ZEE \ALLE DE ANTARES L23W ZVI2 31/12 WW 13/01 14/01 IVOI 18AM WXE DE WOQO S23W 30/12 07/01 12/01 19/01 20/01 21/01 22/01 23/01 V-LEDE NORMA N23W 06/01 Mgj IQQI 28AM 27/01 ggl 28/01 28/01 VaiEOEGBMRNA H23W 13P1 21/01
      870 words
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      Page 37 Advertisements Column 4
      28 37 /Cnorbulk\ I NORBULX CAROO SERVICES LTD I I REGULAR CONVENTIONAL ■rami mo jo/11 os/di rii/mb/mt/w I ■nomuutn 2s/i j Qpumo/wsaran I I<*SOU)WM«WVMMIIMyUMPO POHT3 |rail »/H HoraoW6/BBIW6 I VHP
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      Page 40 Advertisements Column 1
      41 40 To retrieve more schedules, just follow these simple steps... St a FT the port your stepJ* Step key in the four W_Jm) hune number A A digit code Keying fax number To WIBW YORK (NYC) 2275 for calls within Singapore H
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      111 43 LEGEND R Thunderstorm Temperature e^ V Shower Weather -->/ Wind direction with speed ri knots •e Ron Cloudy Sky w v height winds ore indicated by arrows wtncfi Hy wrtti Hie wmd One tuM circle represents cotm or kght and vonable w»ds J__ One half Heche represents 5 knots L_
      111 words
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