The Business Times, 20 February 1998

Total Pages: 42
1 42 The Business Times
  • 19 1 TheBusinessTIies MITA (P) 110/12/97 85c S I N G A P O R E Internet: http://www.asial.com.sg/biztimes FRIDAY, FEBRUARY 20,1998
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  • 65 1 *****7 (+14.49) BT-SRI •7101 (+2.34) BTOOMP *****6 (+16.99) W% BTMGA U ***** (+17.13) ggiuiBraMft STQCi mahet dphces Thursday Change KLSE COUP ***** 18 64 NIKKEI IM1C48 >1* HANG SENG 19J8L27 -4M8 SET INDEX 61*41 -1» j JAKARTA COUP _496JS MANIWCOMP _2.1*J9 TAIPEI WP! 8J7&61 ♦141.17 SEOCLOOMP *1345 ♦»?2
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  • 80 1 EXCHANGE RATES* LSI St IS$ 1630 1.641 2.675 DM 0.551 0 m YEN 100 0.794 MS 0.267 0436 HKS 0.129 0111 BAHT 0.022 0097 Rl'PIAH 100 0.012 0.019 Interbank rata PUKE BATES SINGAPORE* 7.85 KUALA LUMPUR 10.49 JAKARTA 22.00 BANGKOK 15.25 MANILA 27.31 HONGKONG 10.25 TAIPEI AM SYDNEY A45
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  • 804 1  -  Problem loans to 5 crisis-hit Asian countries now at $2b, or 5.7% of loans By Catherine Ong [SINGAPORE] Singapore's six banks will next month report 30 per cent lower earnings for 1997 after setting aside $1.6 billion in
    804 words
  • 566 1  -  By< Conrad Raj [SINGAPORE] The exposure of Singapore companies to four Asean countries Indonesia. Malaysia. Thailand and the Philippines amounts to some 53.5 billion. Disclosing this in parliament yesterday. Trade Industry Minister Lee Yock Suan said this included loans by
    566 words
  • Article, Illustration
    60 1 [JAKARTA] "Infour months you are dead." Dramatic words from US economist Steve Hanke yesterday as he told journalists why he thought Indonesia needed a currency board now. However, there were growing indications yesterday that President Suharto, who met Dr Hanke in the morning, was backing away from the
    REUTERS  -  60 words
  • 347 1 Govt reviewing limits on global use of Sing [SINGAPORE] The government is reviewing some of the specific restrictions on the international use of the Singapore dollar to further develop the Republic's capital markets, Deputy Prime Minister Lee Hsien Loong said in parliament yesterday. However, this must be done with caution
    347 words
  • 578 1  -  This is in response to uncertainties ahead: BG Lee //.</• Audrey Tan [SINGAPORE) The salaries of ministers and top civil servants will be frozen or even cut slightly this year, Deputy Prime Minister Lee Hsien I,oong said in parliament yesterday.
    578 words
  • Page 1 Advertisements
    • 107 1 WSTOE Varsity admission criteria to be revised University admission criteria will be revised to be less focused on "A" level grades, Deputy Prime Minister and Defence Minister Tony Tan announced yesterday, Pg2 One-way auctions Why two property auctions drew a blank this week, Pg2 work^bSSssfaT A senior lecturer in business
      107 words
    • 13 1 MAS setting aside up to $2b for lndon import guarantee scheme, Pg 3
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    • 95 1 Bank stock* slip on news of 30% less profit, Pg 15 The Mauboussin 'Open Heart* mechanical watch. IKK white gold with diamonds and jade. <M» MAUBOUSSIN since iH27 EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH #01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel: (65) 734 3139 (65) 734 1935
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  • SINGAPORE AT HOME & ABROAD
    • 224 2 RECENT layoffs and the possibility of more have led to the formation of a tripartite panel to help axed workers. The labour ministry said yesterday the panel will help it to "better assist the retrenched workers and advise companies contemplating retrenchment to consider other
      224 words
    • 197 2 [SINGAPORE] Singaporebased businessman Gerd Kraemer is developing a hotel, residential and commercial complex in the Gold Coast, Australia, with an estimated retail value of $50 million. His firm. East West Trade Links, said yesterday that the development would occupy a 6,077 sq m site at Coolangatta
      197 words
    • 449 2  -  Panel to determine new criteria after study of practices in universities overseas By* Ang Wan May UNIVERSITY admission criteria will be revised to be less focused on 'A' level grades. Deputy Prime Minister and Defence Minister Tony Tan yesterday said the
      449 words
    • 458 2 Reasonable doubt that info in charges was price-sensitive: judge The Straits Times TWO former Amcol Holdings directors were not guilty of insider trading, district judge Yap Siew Yong ruled yesterday at the end of a 40-day trial. Tang Siu Shing. 50. and
      The Straits Times  -  458 words
    • 373 2  -  LETTER TO THE EDITOR Michael T H Lim I REFER to your report yesterday, headlined "STB effort to woo visitors sparks price war among hotels". The Singapore Tourism Board provided a detailed response to your reporter's queries regarding the Singa pore Spectacular package. As
      373 words
    • 372 2  -  EYE ON THE ECONOMY Commerce Teh Hooi Ling THE currency crisis hitting the region has taken its toll on retailers in Singapore, judging by the retail sales index which fell by a sharp 13.3 per cent last December its fourth consecutive decline. Almost all pnxluct
      Source: Dept of Statistics  -  372 words
    • 440 2  -  Units offered see no or low bids; poor sentiment to blame Abdul Hadhi TWO more property auctions conducted this week by Ed mund Tie Co and Knight Frank drew a blank. In fact, the Knight Frank auction at the Grand Plaza Hotel yesterday saw
      ARTHUR LEE  -  440 words
    • 313 2  -  /If/' Toh Han Shih TIIK eninomic slowdown has hit the largest advertising agency in Singa|mre the lia try Croup has minced its Sin gapore stall' from 160 to MO since Septemlier. Over the past six months, the Singapore based group's
      313 words
    • NEWS Roundup
      • 81 2 ABOUT 50 developers and investment companies attended a tender site presentation by the Urban Redevelopment Authority in Hongkong yesterday. URA said they included AIG Real Estate. Carnes World. Citic. Hongkong Land, Hang Lung Real Estate Agency. Hysan and Sino Land Company. The presentation
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      • 76 2 THE Singapore International Convention Exhibition Centre was the venue for 779 events last year, 31 per cent more than in 1996. There were 424 conventions, 177 food beverage events, 124 exhibitions and 54 "special events", the company of the same name said.
        76 words
  • Page 2 Advertisements
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    • 16 2 I know? J read it in "IHem. Click Call' Mini in Minified this wttkta SmaH?A/ ffag&mmmrn
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  • PARLIAMENT
    • 484 3  -  Funds to come from pledged $sb; plan still nnder discussion, says DPM Lee i Catherine Ong THE Monetary Authority of Singapore will pledge up to $2 billion for a scheme to guarantee Indonesian imports but other central banks have
      484 words
    • IN Brief
      • 91 3 SENIOR Minister Lee Kuan Yew sits on Ave international advisory boards. Prime Minister Goh Chok Tong said in a written reply to Non-Constituency MP J B Jeyaretnam. They are the Stanford University Institute for International Studies Advisory Council, the Board of the Institute
        91 words
      • 97 3 THE Electronic Road Pricing (ERP) implementation plan will be announced next month before the Budget debate, along with details of a new vehicle tax structure and a road tax rebate package. Communications Minister Mah Bow Tan said. "Hie Land Transport Authority will also be
        97 words
      • 62 3 PARLIAMENT also amended the Economic Expansion Incentives (Relief from Income Tax) Act in line with changes announced in the 1997 Budget Statement. The amended bill extends the Investment Allowance incentive to approved space satellite projects. It also enhances the Overseas Enterprise Incentive by allowing the
        62 words
      • 69 3 THE Undesirable Publications (Amendment) Bill was passed, raising the penalty for those caught trafficking obscene publications. They can now be fined up to <10.000 and/or jailed up to two years. Those caught distributing objectionable material may now be fined up to $5,000 and/or jailed up
        69 words
      • 43 3 PARLIAMENT approved the Copyright (Amendment) Bill to bring it in line with the World Trade Organisation's Agreement on Trade-Related Aspects of Intellectual Property and the Berne Convention. The bill will also widen the enforcement powers under the Copyright Act.
        43 words
      • 53 3  -  By Audrey Tan THE House also voted to repeal and re-enact the Holidays Bill so that official executive and judicial acts done and contracts entered into on Sundays or public holidays are not invalid, and also to validate all such past acts done on Sundays
        53 words
    • 493 3  -  Ity Conrad Raj THE minimum consent levels for en bloc property sales have been spelt out. Under proposed new rules announced in Parliament yesterday. those living in strata developments that are more than 10 years old need the approval of at least
      LUDWIG ILIO/ST  -  493 words
  • Page 3 Advertisements
    • 14 3 Buy It. Sell It. Find It. Classified. M Call Today For Results Tomorrow. 1800*737-1166
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    • 107 3 This Evening Talk/Seminar at the Singapore Art Museum (Patron's Club) 71 Bras Basah Road, Singapore *****5 Friday 20th February 1998 at 7pm sharp on the Art Wealth Preservation Aspects Antique and Museum Level Persian Carpets and The Current Manu/facture of Hand Knotted Carpets from The Traditional Countries with Pure Symbolisms
      107 words
    • 399 3 W W4 j^^MHHHsi/L W NicVv.'i/'cVv. tf(%r?er> $i? 0;:! t#6 Pv- «><* SHIRTING THE ISSUE Aman s shirt says a lot about him. some styles have longer pointed collars White: He's forthright, honest, and breast pockets. no-nonsense. Coloured: He's The rest of the ranges stand out for not afraid to experiment,
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  • MARKETS IN TURMOIL
    • 446 4 US, Australia, Japan act as private sector imports dive 90% Reuters [JAKARTA] The United States, Australia and Japan have offered trade assistance to Indonesia in a move that should slow the fall in commodity imports this year, government officials and importers said yesterday.
      Reuters  -  446 words
    • 774 4  -  US and the IMF say currency board may be an option for Indonesia in future /•htm S N Vasuki in Jakarta INDONESIA yesterday appeared to back oIT from a controversial plan to establish a currency board but the government continued to
      REUTERS  -  774 words
    • 256 4 Reuters WASHINGTON] The US State Department on Wednesday urged Indonesian President Suharto to stick to economic reforms prescribed by the International Monetary Fund, warning that a proposed currency board was too risky. "Both the IMF and G-7 states have expressed some
      Reuters  -  256 words
    • 310 4 Reuters [LONDON] Micro economic errors and complacency in the markets helped fuel last year's South-east Asian financial contagion, a panel of experts told delegates at a conference on Wednesday. However the crisis could lead to an expansion of the bond markets if capital raising
      Reuters  -  310 words
    • 590 4  -  Commerce Secretary meets PM Goh, SM Lee in S'pore today !ty Walton Morais [SINGAPORE] US Commerce Secretary William Daley yesterday sent another clear signal of Washington's opposition to Indonesia's proposal for a currency board system. "I think we have been very clear in
      AZIZE HUSSIN/ST  -  590 words
    • 178 4 AFP [KUDAT, Sabah] Malaysian Prime Minister Mahathir Mohamad renewed his attacks on foreigners and short-term investors yesterday during a visit to this remote fishing town. "Foreigners are the ones who press down our currency until we become poorer than before," Dr Mahathir said at
      AFP  -  178 words
    • 623 4 But concrete plan for overcoming region's problems not in sight Reuters (WASHINGTON] US Treasury Secretary Robert Rubin will travel to London this weekend to meet his counterparts from the Group of Seven top industrial nations with one prime worry
      Reuters  -  623 words
    • 131 4 Bloomberg |.JAKARTA| Indonesian police may question former Bank Indonesia governor Sudradjad Djiwandono in connection with a corruption investigation. a police spokesman said. "In an investigation like this, anyone can be called in for questioning if they're found to be involved no one is beyond
      Bloomberg  -  131 words
  • Page 4 Advertisements

  • SOUTH-EAST ASIA
    • 237 5 BANGKOK AFP THAILAND'S Finance Minister Tarrin Nimmanahaeminda yesterday said the Thai government will consider reintroducing controversial fuel oil taxes in a bid to raise revenue. But Mr Tarrin told reporters here that he did not know when the cabinet would discuss the
      AFP  -  237 words
    • 508 5 KUALA LUMPUR Reuters ASIAN nations will press European Union member states to contribute to a new fund to stimulate trade and investment in Asia. Thai Foreign Minister Surin Pitsuwan said yesterday. Mr Surin said here that several Asian
      Reuters; FILE PHOTO  -  508 words
    • 323 5  -  SINGAPORE Move to lift curbs on economic ties imminent, says envoy By' Toh Han Shih A US law that applies to Vietnam will be waived, paving the way for expanded trade between the US and Vietnam. US ambassador to Vietnam Pete Peterson said at
      323 words
    • 269 5 CANBERRA AFP, Reuters AUSTRALIAN Prime Minister John Howard said yesterday that he was concerned about the potential for civil unrest in Indonesia if its economic woes continued. Mr Howard also said he was watching the situation carefully. "The Indonesian economy has taken a
      AFP,; Reuters  -  269 words
    • 206 5 ■KUALA LUMPUR AFP MALAYSIA'S Information Minister Mohamed Rahmat yesterday ordered local radio stations to play fewer foreign songs to help reduce the country's current account deficit, Bernama reported. "We are playing a lot of foreign songs," the minister reportedly said. "We
      AFP  -  206 words
  • Page 5 Advertisements
    • 216 5 Radiophone. The First Car Radio That Lets You Make Telephone Calls. y wr II H U -:I v? ;'*i r /T^*-~ n*. i *C». 7 ;r '*V- mt Tjif u"£Gv -Js* Ek* >- i^ay^gtfl^^i.■ l- f -:> V Y.A 'iT- Ti <™ v^^T^pfc'. An Exclusive Trade-In Offer. Blaupunkt's Radiophone is
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  • FOCUS
    • 1704 6  -  The global economy is gradually giving over to the whims of the marketplace, but it does not mean that government will take a back seat By I Daniel Yergin, Joseph Stanislaw [WASHINGTON] AS THE 20th century draws to its end, we are returning to
      FILE PHOTO  -  1,704 words
  • Page 6 Advertisements
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  • CHINA-HONGKONG-TAIWAN
    • SINO Briefs
      • 69 7 Reuters [TAIPEI] Taiwan's new chief negotiator with Communist China said yesterday that Taipei would not rush to hold political reconciliation talks with Beijing. Shi Hwei-yow, appointed secretary-general of the Straits Exchange Foundation on Feb 7, said reopening the long-stalled negotiation channel was a
        Reuters  -  69 words
      • 66 7 Reuters, AFP [BEIJING] An office worker holding up envelopes bearing first-day issue Deng Xioaping commemorative stamps as China yesterday marked the first anniversary of the death of the paramount leader. The set has six stamps and costs 5.10 yuan (Ssl). Meanwhile. President Jiang Zemin called on the people
        Reuters,; AFP  -  66 words
      • 48 7 AFX-Asia [HONGKONG] Chief Executive Tung Chee-hwa is to attend the opening ceremony of the first session of the Ninth National People's Congress in Beijing on March 5. the government said. He will also attend the closing ceremony on March 19. AFX-Asia
        AFX-Asia  -  48 words
    • 346 7 BEIJING State sector reforms making it harder for firms to foot tax bills AFP CHINA's tax revenue rose just 7.6 per cent in January, down from double digit increases in previous months, official reports said yesterday. This is because fewer and
      AFP  -  346 words
    • 933 7  -  REACTION TO HE BUDGET Shares surge, then fall on fears package may not be enongh to stimulate economy It,, Quak Hiang Whai, Loh Hui Yin in lloiifikotifi CAUTION prevailed in Hongkong yesterday as the initial optimism over the government's budget was quickly doused by fears
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    • 243 7 BEIJING AFP CHINA'S tourism industry is suffering the faii-out from South-east Asia's financial crisis with visitors from South Korea and Thailand down 50 per cent, the official China Daily reported yesterday. He Guangwei, director of China's State Tourism Administration, said that
      AFP  -  243 words
  • Page 7 Advertisements
    • 224 7 A celebration. And a good cause. 1997 Investment fund awards Organised by The Business Times and Standard Chartered Be a part of the fund management industry's annual Bank, the Investment Fund Awards is an annual event celebration of its best performers. honouring the best performing funds and the people who
      224 words

  • ASIA
    • 574 8 TOKYO Asian trade in deficit for first time in 8 years; snrplns with US soars 65% AFP JAPAN'S trade surplus in January reached 381.5 billion yen (Sss billion), reversing a 24.5 billion yen deficit from a year earlier, the finance ministry said
      AFP  -  574 words
    • 153 8 TOKYO AFP JAPAN is considering emergency loans of up to 300 billion yen (553.9 billion) for Asian countries hit by the economic crisis, a newspaper reported yesterday. The loans, through the Ex-port-Import Bank of Japan, will be provided by the end of
      AFP  -  153 words
    • 143 8 SYDNEY AFP AUSTRALIA and China shored up ties yesterday with the signing of an agreement for regular meetings between defence ministers and senior defence commanders. There will also be enhanced dialogue on defence policies and continued exchanges of middle and junior level officers. Defence
      AFP  -  143 words
    • 50 8 (SKOUL) A laughing South Korean girl pops her head through a hole in a poster for the movie French Kiss in Seoul, in which the star 'sface has been replaced by that of South Korean president-elect, Kim Dae Jung, who takes office on February 25. AFP
      AFP  -  50 words
    • 331 8 TOKYO Jan orders ap 6.9% as small firms cut back on capital spending Bloomberg JAPANESE machine tool orders grew at their slowest rate in three-and-a-half years in January as small manufacturers scaled back capital spending plans, industry figures showed.
      Bloomberg  -  331 words
    • 122 8 SEOUL Bloomberg SOUTH Korea's central bank said it will allow J P Morgan Co's Morgan Guaranty Trust and three other foreign banks to operate in Korea this year as part of its effort to open up markets to foreign companies. Two of the
      Bloomberg  -  122 words
    • 687 9  -  TOKYO Widespread sweep by prosecutors triggers 4th suicide connected with govt corruption By. Anthony Rowley THE anti-corruption purge by Tokyo public prosecutors claimed another victim yesterday when legislator Shokei Arai was found hanged in a hotel room just hours before the Japanese
      REUTERS  -  687 words
    • 485 9  -  NEW DELHI US' Rice tec claims to have invented new way of growing crop By. Aruna Srinivasan INDIA will challenge a US patent for an aromatic rice that is said to be similar to the basmati strain grown in northern India
      485 words
    • 133 9 CALCUTTA AFP AFTER ruling the Indian state of West Bengal for more than 20 years, Jyoti Basu is hoping for a change of scene, and a shift to New Delhi as the country's first communist prime minister. While he campaigns for his
      AFP  -  133 words
    • 138 9 CANBERRA AFP CANBERRA is to host the Commonwealth Heads of Government Meeting (CHOGM) in 2001, to coincide with the centenary of federation, Prime Minister John Howard said yesterday. If Australians decide to cut ties with the British crown in a referendum next year,
      AFP  -  138 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 369 9 I Don't leave your I I health to chance. I I Let the OSIM Blood Pressure Monitor I High Blood Pressure a major cause for serious I heart problems I r Your health is too important to leave it to chance. Take I I :jjL^itf r control of your health
      369 words

  • THE WORLD
    • 479 10 WASHINGTON This follows larger than expected 24% rise in December gap to USslo.Bb Reuters. AFP THE US trade deficit last year rose to its highest level in nine years after posting a surprisingly large 24.3 per cent rise in December
      Reuters.; AFP  -  479 words
    • 314 10 LONDON Market now more receptive to larger issues, say bankers FT THE World Bank is planning to issue a US$5 billion (SsB.l billion) bond in the next few weeks in what would be the largest ever fixed-rate offering on global capital markets. The
      FT  -  314 words
    • 287 10 FRANKFURT Bloomberg THK Bundesbank left its full set of interest rates unchanged. as expected, amid fresh evidence that inflationary pressures are low. The (Jerman central bank left its floor discount rate at a historic low 2.M per cent and its ceiling I»mbard rate
      Bloomberg  -  287 words
    • 271 10 MOSCOW AFP THK International Monetary Fund will boost its loans to Russia and extend its US$lO billion (Ssl6.:t billion)credit to the year 2000, a joint statement issued by the IMF and Russian Prime Minister Viktor Cher nomyrdin said yesterday. The Kremlin said the IMF
      AFP  -  271 words
    • 779 11  - When France, US agree for different reasons EUROPEAN VIEW Both unhappy with multilateral Investment Treaty as It stands Kevin Sullivan THERE was a marvellous documentary on French television this week, about the people who populate the Hotel Matignon, the official residence of Prime Minister Lionel Jospin. The camera, fly-on-the-wall fashion,
      779 words
    • 181 11 WASHINGTON AFP US President Bill Clinton's lawyer friend Vernon Jordan met four times with Monica Lewinsky after she was called to testify on her alleged relationship with the president, according to media reports. Mr Jordan contacted the former White House intern at the
      AFP  -  181 words
    • WORLD Watch
      • 85 11 Bloomberg [PARIS] French executives expect industrial investment to rise 10 per cent in 1998. their most optimistic prediction in three years and a sign that the economy may grow the 3 per cent the government is predicting for this year. The French government is counting
        Bloomberg  -  85 words
      • 57 11 Reuters [PARIS] Unions representing Bank of France employees have called a 24-hour strike on March 10 to oppose restructuring plans at the central bank. The Bank of France plans to close 94 of its 211 cash distribution points in France and unions say the
        Reuters  -  57 words
      • 51 11 Reuters [LOS ANGELES] Five giants of the computer and electronics industries Sony Corp, Intel Corp. Matsushita Electric Industrial Co, Toshiba Corp and Hitachi Ltd have agreed to deploy encryption technology designed to protect Hollywood's most valuable products from being illegally copied, the Los Angeles Times reported.
        Reuters  -  51 words
      • 69 11 Bloomberg [ZURICH] The Swiss Bankers' Association said that administrators had received 14,000 claims to accounts at Swiss banks after bankers published lists of account holders who had not been heard from since the end of World War 11. Swiss companies, including commercial banks and
        Bloomberg  -  69 words
      • 87 11 Bloomberg [AHMEDABAD, India] Arvind Mills Ltd, India's biggest denim maker, said it started production at its denim plant here in western India. The plant was shut down after the company's denim warehouse here caught fire on Jan 27. Production at the plant "has been restored
        Bloomberg  -  87 words
    • 432 11 CALGARY Reuters PRIVATE investigators hired by Bre-X Minerals Ltd to probe the world's biggest-ever gold mining fraud described the company's former chief geologist John Felderhofs behaviour as "curious in the extreme", but stopped short of alleging he was involved in the crime. Released
      Reuters  -  432 words
    • 131 11 LONDON Reuters BANK of England Governor Eddie George said yesterday that one of his main worries for the British economy was the worsening trade position. "It is very clear that after a surprisingly long lag. that we are now seeing a very sharp
      Reuters  -  131 words
    • 523 11 WASHINGTON Proposals range from child-care credits to simplifying capital gains taxes Bloomberg THB US Congress and President Mill Clinton are prepar inn an encore to last year's US$95 billion (Sslsf> billion) tax cut. Republicans and the president are compiling lists of promised tax
      Bloomberg  -  523 words
    • 182 11 GENEVA Bloomberg US Deputy Trade Representative Rita Hayes asked World Trade Organisation members to agree to keep the Internet a duty-free area, amid expectations electronic commerce will increase. Ms Hayes, speaking at the WTO's General Council Meeting, said this would "send the right message to
      Bloomberg  -  182 words
  • Page 10 Advertisements
    • 150 10 r m youj? company on the stock exchange? n B mtm S n 1 i .J Thaft good news to 1,2 ilion readers! W* iQBr Company/listings are significant milestones and it is to the rr h'JjJm n in'/ro?* l- r r .r/: r h .S^rcompany advantage to build up awareness
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  • Page 11 Advertisements
    • 85 11 With a worldwide team of 250 multi-disciplined professionals and II a a network of international offices, OCRA provides confidential and cost effective company formation in all the major low tax areas I including: Full Professional after sales services provided. For a FREE copy of our 100 page colour brochure or
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    • 377 11 instructed by the Receiver and Manager mandated by the creditor bank to realise The Sh. Sameyeh Pie Ltd Collection which includes Museum Level Examples, the appointed Curator Ad Hoc announces an IMPORTANT EXTRAORDINARY (RESTRICTED) AUCTION HIGH INTERNATIONAL STANDARD exceptional and rare items very rarely offered in Singapore TRUE PERSIAN CARPETS
      377 words

  • EDITORIAL & OPINION
    • 824 12  -  THE BOTTOXLDrE OPINION By Tye Kim Khiat The writer is BT's deputy foreign news editor AUSTRALIAN Prime Minister John Howard's visit to Malaysia next week is rich in symbolism, coming at a time when the region is roiled by economic crisis. In
      824 words
    • 114 12 'Snouts in the trough, the Indulgence Index. -The title of a Tory report that claims Britain's Labour Government has spent nearly US$l9 million (5530.9 million) on official junkets, formal receptions and renovations. Taiwan is in the position where we can do something for our neighbouring friends, to
      114 words
    • 596 12 EDITORIAL AFTER being told repeatedly to expect nothing, the people of Hongkong were given a raft of surprise tax cuts from the previously tight-fisted Financial Secretary Donald Tsang. They have generated a welcome buzz of good feeling which has been missing from Hongkong in the past few
      596 words
    • 1167 12  -  The business culture prefers private negotiations but legal proceedings can be taken under the law By, Benny Tabalujan The writer is a senior lecturer in business law at the Nanyang Business School. He is the author of Indonesian Company Law: A Translation and
      FILE PHOTO  -  1,167 words
    • 821 12 OSBAdMMomlraq THE economic sanctions supposed to bring Saddam Hussein to his knees have helped put enormous numbers of Iraqi children in their graves, while Mr Saddam remains as defiant as ever. So now we are going to bomb again. To what end is not at all
      821 words
  • Page 12 Miscellaneous

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  • Page 13 Miscellaneous
    • 723 13 TV&RAPIO p l-i-rT j2 11.00 Business Day. 8.00 Berita 12. 11.15 Friday Supper Treat: 8.30 Tekno Ma. C 2.30 PM TV Innovations. Love And Romance On 5! 9.00 Teater Komidi. 4.00 Kidz Blitz: Alf. p our Weddings And A 10.00 Ilhamku. 4.30 Dexter's Lab. Funeral (See Our Choice). 11.00 Saudagar
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    • 283 13 CRYPTIC CROSSWORD 1 Man on motorway has scope for part of the planet H|| HI 6 Come up against an objec- 3 9 May get on as a rule (5) M| TBE 10 A light covering (9) HH Hi 12 It's what a ledger records presumably (62,5) LJ wmm H
      283 words

  • EXECUTIVE LIFESTYLE
    • 1038 14  -  Now on at the Art Museum: a Pop artist story of M'sian art and some regional works. BEN MUMKOE reviews BEN MUNROE CHINESE paintings by an American Top artist, pieces ofbroken glass in the gallery and paintings by Georgette ('hen in an exhibition of Malaysian art
      1,038 words
    • 474 14 mFASHION Italy, the US ani UK race atari m Frcocfa designers fall hack Bloomberg [PARIS] France's clothing industry, overtaken by Italy at fashion's cutting edge, is missing an export boom, causing hardship for companies built on feeding the world's appetite for things French. While
      Bloomberg  -  474 words
    • 496 14 PERSONALITY A new festival will showcase the pair's richly decorated body of work NYT IN the movies, where working partnerships generally have the shortest shelf life, the team of Ismail Merchant and James Ivory is a phenomenon. Over 35 years, they have made over 40
      NYT  -  496 words
  • Page 14 Advertisements
    • 55 14 C> art tortu>i cucdint /> &Ajb tCLA fs ou oton Theßttz-Carlton* j MILLENIA SINGAPORE Surroundings reminiscent of an emperor's summer abode. The art of Cantonese cuisine, fit for a royal entourage. Please call 434 5288 for reservations. 7 Raffles Avenue, Singapore *****9. Tel: 337 8888 Fax: 338 0001. www.ritzcarton.com. Summer
      55 words

  • COMPANIES & MARKETS
    • 562 15  -  DBS Foreign leads fall as all trat OCBC Foreign, Tat Lee shares decline By i Clarissa Tan [SINGAPORE] Bank stocks stumbled yesterday when the market learnt that bank earnings for last year would be 30 per cent lower than the previous
      Source: Bloomberg  -  562 words
    • 248 15  -  LETTER TO THE EDITOR Henry L Foster IN your weekend edition for Feb 14-15. Lee Han Shih wrote an article entitled "Behind F&N unit's profit rise was an accounting change". He did an excellent job of detecting F&N's "paper gain" that appears to have resulted
      248 words
    • 178 15 [SINGAPORE] Sesdaq-listed Flextech Holdings has moved to consolidate its back-end semiconductor equipment and services operations by bringing together four subsidiaries under one holding company, the company said yesterday in a statement. The new holding company, STI Holdings, has been formed to integrate the group's visual mechanical,
      178 words
    • 778 15  -  HOCK LOCK SIEW Anthony Rowley THERE could be no clearer indication of a new era in the Tokyo stockmarket than that signalled by Merrill Lynch's decision to form a new Japanese brokerage based upon the remnants of the failed Yamaichi Securities. Some
      778 words
    • 298 15 AFP (MANILA) DBS Bank has been given the go ahead to buy majority stock in a Philippine commercial bank, the central bank said yesterday. DBS Bank will pay 1.7 billion pesos (SJ69 million) for its controlling interest in Bank of
      AFP  -  298 words
    • 392 15  -  Sources say tycoon's Konsortium may call off earlier RMI3 offer AW nn Eddie Toh in h'uii lii um/riir SIIII'I'INCi tycoon Mirzan Mahathir is expected to sw.'k a waiver for an expensive man datory general offer that his Konsortium I'erkapalan has to make in
      392 words
    • REGIONAL COMPANIES
      • 700 16  -  HE billionaire, known for his nose for lucrative deals, shares his business philosophy Front l Quak Hiang Whai in Hongkong IT WAS a cold winter and Li Ka-shing had just parked his car at a golf course. Before he could proceed
        700 words
      • 403 16  -  Deal seen lower than RMlb due to growing non-performing loans From Eddie Toh in Kuala Lumpur AFTER being rejected' last week, tycoon Rashid Hussain has returned with another offer to buy Bank of Commerce (BC). The fresh deal is expected to cost his
        403 words
      • 322 16 Reuters IWKLLINGTONI New Zealand's largest listed company. Telecom Corp of New Zealand, yesterday said business and growth would continue despite the decision of Babyßells Ameritech and Hell Atlantic to quit their shareholdings. "If you look at the results we have consistently
        Reuters  -  322 words
      • 411 16  -  Fntm Harish Mehta in tUimjkok .JAPAN'S Nikko Securities is considering raising its stake in the brokerage business of Thailand's Union Asia Finance from 7.6 per cent to 49 per cent, after the Thai firm gets approval to separate its fi nance and securities
        411 words
      • 463 16 Failed brokerage still believed to have net assets Bloomberg [TOKYOI Three months after its collapse, Japan's oncemighty Yamaichi Securities Co is still one of the hottest stocks in town. On 11 of the last 16 days, Yamaichi's shares have ranked among the
        Bloomberg  -  463 words
      • 155 16 (SINGAPORE) Nat Steel Electronics Limited <NEL) has bought a building in California for U552.53 million (SS4.I million) to expand a subsidiary's business. The company said yester day that the building in Santa Clara has a built-up area of 30.840 sq ft. and land
        155 words
      • 386 16 Reuters |SYI)NKY| Qantas Airways expects ihe impact of Asia's economic problems to become more significant in the second half of its current fiscal year, the airline said yesterday. Hut it said it continued to target an improvement in operating profits for the full year liecause
        Reuters  -  386 words
      • COMPANY Briefs
        • 63 16 {SINGAPORE] Sin Soon Huat Ltd has secured blanket orders from the Shell group of companies in the region including other Shell participating companies in Pakistan Vietnam, Philippines and South America. The order is estimated to be worth some $40 million over the next
          63 words
        • 80 16 [SINGAPORE] Aztech Systems yesterday confirmed that the company and rival Creative Technology have settled their legals suits against each other in Singapore. It said that given market changes and the macroeconomic issues now besetting Asia, further litigation between Creative and Aztech is not a good
          80 words
        • 81 16 Reuters [KUALA LUMPUR] Sime Darby Bhd said yesterday that it is in talks with Conoco Jet (Malaysia) Sdn Bhd tp form a joint venture to market and distribute refined petroleum products. But the negotiations have yet to be finalised, Sime said. The Asian
          Reuters  -  81 words
    • INTERNATIONAL COMPANIES
      • 389 17 Glaxo '97 earnings down 7% on patent expiry, strong The results, within forecasts, follow 22% drop in sales of anti-nicer Zantac Bloomberg [LONDON] Glaxo Wellcome pic said 1997 net income dropped 7 per cent, within analysts' forecasts, as Britain's largest drugmaker suffered from competition to its biggest selling drug and
        Bloomberg  -  389 words
      • 418 17 Bloomberg [GOTHENBURG. Sweden] Volvo AB. Sweden's largest automaker, said fourth-quar-ter profit fell 39 per cent as tax charges tripled, and quelled hopes that it will return excess cash to investors soon. Fourth-quarter net income fell to 1.106 billion
        Bloomberg  -  418 words
      • 149 17 Bloomberg [LONDON] Lonrho pic could receive up to US$675 million (SJl.l billion) for seven of the nine hotels in its Princess Hotels International Inc unit, said Phillip Noblet, vice-president of Deutsche Morgan Grenfell in New York, which is handling the sale. Lonrho said in December it was
        Bloomberg  -  149 words
      • 403 17 The maker of Swatch watches plans to buy back 10% of shares Bloomberg [BIEL, Switzerland] SMH SA, the world's largest watchmaker, said 1997 net income rose a lower-than-expected 17 per cent, adding it plans to buy back as much as 10 per cent
        Bloomberg  -  403 words
      • 351 17 Bloomberg (TOKYOI Softbank Corp. a Japanese distributor of computer software, said it will list its wholly-owned US unit. ZifT Davis Inc. on the New York Stock Exchange in April, hoping to raise US$46O million (*****.9 million) in an initial share offering. The share
        Bloomberg  -  351 words
      • 404 17 Bloomberg |HOFFMAN KSTATKS. 1111 nois) Sears. Roebuck Co said it is taking steps to improve the profitability of its creditcard business as more customers fall behind on credit-card payments. The department-store chain said more employees are calling delinquent customers at night and on
        Bloomberg  -  404 words
      • 474 17 Q4 earnings boosted by company's direct sales strategy NYT |NKW Y()HK| Dell Computer Corp reported quarterly earnings on Wednesday that exceeded Wall Street analysts' estimates, as the company's strategy of selling computers directly to consumers continued to fuel torrid growth. Revenue at Dell rose
        NYT  -  474 words
    • FINANCE & COMMODITIES
      • 511 18 Move to keep track of increasingly tangled web of global financial services Reuters [ZURICH] International banking, insurance and securities overseers are taking a stab at doing what their industries have been doing for a while combining forces. Aiming to keep track of an increasingly
        Reuters  -  511 words
      • 83 18 [BANGKOK] Workers loading rice for export onto a ship at the pier outside a rice production company on the outskirts of Bangkok. Thai rice, along with other agricultural commodities, provided a bright spot amid a gloomy backdrop of the country's worst economic turmoil as it contained almost no
        REUTERS  -  83 words
      • 298 18 Reuters [LONDON] The arrival of Europe's single currency the euro next year could lead bond investors to diversify their portfolios outside the European Union, delegates at an international bond forum heard on Wednesday. Fund managers would have more trouble outperforming markets after the
        Reuters  -  298 words
      • 286 18 Reuters [HONGKONG) Hang Seng Bank Ltd is set to report healthy 1997 results with a contraction in margins during the second half of the year offset by solid growth in the first half, analysts said yesterday. The subsidiary of HSBC Holdings
        Reuters  -  286 words
      • 455 18 Momentum for consolidation building Moody's Bloomberg [SYDNEY] Australian banks' exposure to Asia's economic troubles is not the only threat they face at the moment. Problems are also brewing at home, led by falling income from home loan lending, Moody's Investors Service said. And
        Bloomberg  -  455 words
      • 243 18 SSXEKReport Reuters (SINGAPORE) Simex Japa nese government bond (JGB) and Kuroyen futures were a tad firmer yesterday, but the mood was cautious on the eve of Japan's economic stimulus package, dealers said. "The markets were largely driven by speculations over what the LDP will announce
        Reuters  -  243 words
      • 165 18  -  MSGI TAIWAN FUTURES Cecilia Loh Cecilia Loh, Service Dealer, Refco S'pore Pte Ltd ISINGAPOKKI The Slmex MSCI Taiwan Stock Index fu lures contract rose 8.3 points at 377.8 yesterday, with the Talex up M 1.2 at 8,978.5. Declining Interest rates In response to signals
        165 words
      • 236 18 ENERGY REPORT Reuters (LONDON) Saudi Arabia's latest bid for collective output restraint among fellow Opec members to lift sagging world oil prices looks doomed to failure, analysts said yesterday. Saudi Oil Minister All alNaimi on Wednesday said the kingdom was seeking "meaningful
        Reuters  -  236 words
      • Article, Illustration
        1165 18 DTHRBAME CROSS RATES Feb 19 AS C$ ECU F» W HO 0» 1m 9m m tUjftkH N» 5} W t W 9m Nwrf US$ AustraM 0.966 6.178 0.620 4.105 L224 1220 ***** ***** 0J40 1L2S9 2524 LB5 29.734 26.990 1099 1334 0.*****-074 29.959 0.48 1674 Caw* 1-036 5.795 0.642 4252
        1,165 words
      • 272 18 AFP, Reuters London THE US dollar rallied at midday yesterday in quiet trading, as operators waited for the announcement of the Japanese government's economic stimulation package and for the Group of Seven meeting over the weekend. The dollar was up in early afternoon to 1.8198 marks against 1.8153
        AFP,; Reuters  -  272 words
    • COMMODITY PRICES
      • 1788 19 SICOM FUTURES b\ h in RUBBER (Mures ctounq u at 5.30pm) RSS1 CONTRACTS centsAq) Close Volume Open Month Hiqji Low Sett (tonnes) Interest Mar 98 130.00 128.00 128.00 150 225 Apr 98 131.50 131.50 131.50 25 3525 May 98 134.50 134.50 134.50 150 3375 Jun 98 137.50 137.50 136.50 25
        1,788 words
      • 1674 19 AFP Q Nikkei 225 +159 SHARE prices ended marginally higher yesterday as investors took profit on earlier gains due to slim hopes for large tax cuts in today's economic package. Brokers said investors turned sellers in the afternoon following strong gains earlier on speculation the ruling Liberal Democratic Party
        AFP  -  1,674 words
      • 2483 19 10NMM Fa»l» hKi 3)6raw» 5Q9 56Q0 AB Ports JOS .5 AM»y National 1293 72 W V2 A*ad Oomacg 549 5 AflWC '34 3 *Ul Group 200 4 6OC •AT Ind 584 400 4 BG Pic 323 2 BJCC 134 -5 BOC Croup 93C -10-400 BR Patrolawn 806
        2,483 words
    • Article, Illustration
      1583 20 AFP QHangSeng -BMB SHARE prices dropped 0.8 per cent yesterday as profit-taking erased earlier gains on a government budget offering economic stimulants and tax reliefs, dealers said. "With the market rising sharply, people were tempted to take profit," said a broker, adding that investors were still cautious over the
      AFP  -  1,583 words
    • Article, Illustration
      678 20 Reuters Q Shenzhen B Index +L 35 THE Shenzhen B share market ended higher yesterday with sentiment boosted by greater stability in the Hongkong market. The B Index added 1.35 points to 94.22 points as turnover expanded to HK$24 million from HKSU million on Wednesday. "B shares strengthened today
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  678 words
    • 388 20 AFP QWP Index +14U7 STOCK prices rallied 1.6 per cent yesterday to their highest level so far this year, powered by overnight gains on Wall Street and upbeat local sentiment, brokers said. "The market opened high, fuelled by the rally on Wall Street. The momentum grew on reports that
      AFP  -  388 words
    • 251 20 Reuters n Wellington -13^6 SHARE prices closed lower yesterday, with the leading index reversing a promising start to the day's trading, brokers said. At the close of trade, the NZSE4O Capital Index was down 13.56 points or 0.59 percentage points at 2,293.60. Mil HS _*tworn AN2 Banking 11.00 (inch
      Reuters  -  251 words
    • Article, Illustration
      959 20 AFP QSETIofcx -186 STOCKS gave way to profittaking in the afternoon yesterday to close weaker despite a stronger baht and resilience in regional markets. Analysts said prices close off their highs in active trading due to profit-taking in blue chips, led by local investors selling in banks and finances.
      AFP  -  959 words
    • 466 20 AFP Q Composite Index +25.72 SHARE prices rebounded for a second successive day to close 5.3 per cent up yesterday with heavy foreign buying of core blue chips fuelling the recovery. dealers said. The buying spree was boosted by expectations for a stronger won. dealers said, adding that foreigners
      AFP  -  466 words
    • 600 20 AFP n AD Ordinaries -14 SHARE prices slipped 0.1 per cent yesterday despite Wall Street's lead, amid growing uncertainty about the economic outlook in the face of the regional crisis. "I think the market generally lacks confidence at the moment." said a broker. The All Ordinaries Index eased 2.4
      AFP  -  600 words
    • Article, Illustration
      728 20 AFP Flfagpostelafax ♦23L57 SHARES rose 4.9 per cent yesterday on foreign buying and a stronger rupiah. Much of the buying was believed to be speculative, with the trend expected to fade next week. The Composite Index rose 23.57 points at 496.25. Turnover was 667.7 million shares worth 719.7 billion
      AFP  -  728 words
    • 336 20 AFP fl Manila +38.70 SHARE prices closed 1.8 per cent higher yesterday, taking their cue from other Asian markets, Wall Street's strength and a stronger peso. "The market is up because the peso appreciated further and other Asian markets are also up," said a trader. The PSE Composite Index
      AFP  -  336 words
    • KUALA LUMPUR STOCK MARKET
      • 533 21 AFX-Asia Q Composite Index +18.60 SHARE prices closed sharply higher yesterday ahead of the Umno divisional elections to be held at end-March. Dealers said the stronger ringgit also aided gains. The KLSE Composite Index rose 18.60 points at 723.50. The Emas Index rose 4.28
        AFX-Asia  -  533 words
      • 9088 21 BfOUSTVlALS Cmmmt protecti I9M Last Vol Day Net Cap Hljll Law Cimpaay Sale '000 HM> Law M SaaM 310 180 AJtnomoto 280 unch 2 280 280 15.5 113.5 148 73 Angkasa 123 2 22 123 120 2.8 181.4 290 123 ApoNo Food Nig 243 13 25 244 230 7.1 97
        9,088 words
    • WARRANTS & OPTIONS
      • 199 22  -  WARRANT WATCH -By! R Sivanithy IN TIIK past two columns, we've featured Sesdaq warrants because the local second board might swing back into favour if and when the speculative fever dies down on Clob. The main problem, however, is
        199 words
      • 3661 22 BONOS, LOANS I WARRANTS wt 1997/96 Last Vol Day LMt OuoW A*« Mtqh Law StiM Company Sal* *or- COOO) Ml*h Law Buyaf Sallar Prtca 68 9 m 3000 m AMOB c5.5******6 15 16 18 81 8 3160 *Acar *010T31 US$ 17 -1 191 18 16 16 17 131 8.5 3164
        3,661 words
    • 2370 22 Transaction Date :Feb 19 MALAYSIAN STOCKS Or Gr 1997/9* Last VI Day LMt OwM D*> Ot« YM MM M Cap L— turn fiMiii hM rooot gg L—t 8»yr «a8ar C« M M 478 28 ms 5000 »MiOc <M *78 IO B4 107 100 55 3.3 15 4X7 n08
      2,370 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1984 23 TURNOVER COOO) VALUE COOO) Main Clod Total Main Clot Tatal Industrial H5.657 206.265 321.922 192.022 156,951 349,773 Finane* 16.832 81,610 98,450 118,972 79,257 19*228 Hotels 4.108 3.113 7,221 5.912 1.836 7,548 Prooortios 17,472 49.340 66,812 ***** 24.401 70.864 Plantation 8.030 8,030 8,024 8.024 Mironq 2.540 2.S40 1,896 1,896 BLW 5,378
        1,984 words
      • Article, Illustration
        56 24  -  by Shiv Taneja KAMUNTING closed two cents higher yesterday at 42 cents on a volume of 3.2 million shares, compared with its 10-day traded average of 4.5 million units. In the near term, the counter will experience more downside. Medium term investors should buy on weakness, according to
        56 words
      • 218 24 Stocks Vataaa •Renong BM 50c 61,938,000 •M Resources 34,303.000 •RHB Cap Wt99 32.979.000 *MBf Capital 27.190.000 •Rekapacific Bh 26.860.000 •Multi-Purpose 17,933.000 Easyknit HMOc 16,656,000 •Renong WtOO 15,100,000 •Uniphoenix 14,246,000 Asia FoodiProp 12.354,000 Stacks •Renong BM 50c 48.827.930 •M Resources 37.607,380 DBS Foreign 31,018,000 OCBC Foreign 30,715,191 UOB Foreign 29,104.972 SPH
        218 words
      • 676 24  -  Some observers feel the knee-jerk reaction to BG Lee's comments about earnings fall for banks is niynstified STOCK MARKET COMMENTARY R Sivanithy (SINGAPORE) Investors chased stocks higher in the local market for the third consecutive day yesterday as regional currencies firmed.
        676 words
      • ON THE GRAPEVINE
        • 122 24 THK definition of a balanced budget has been re written by Donald Tsang, Hongkong's Financial Secretary. Mr Tsang projected a surplus of 1 1K110.7 billion (552.2 billion) Tor the next fiscal year but insisted on describing it as a "balanced" budget. This led a tax consultant from Australia
          122 words
        • 94 24 BATIIR(X)M windows in flats figured in Mr Tsang's budget speech, along with esoteric concepts such as currency pegs and Asia's currency turmoil. It all came about when he responded to developers' appeals to do away with windows in toilets a move which would save millions of
          94 words
        • 110 24 IT'S amazing what a little competition can do for advertising. Singapore Telecom (Sing Tel) registered a growth of 167 per cent in its advertising spending last year, over its 1996 advertising budget, according to Survey Research Singapore. At a total of $4 8 million, its
          110 words
        • 77 24 JAPANESE investors count themselves among the big losers as a result of the currency crisis in the region. But then, one man's poison is another's meat or drink in this case. Asahi Breweries announced yesterday that its 1997 pre-tax profit soared 77.1 per cent to 45.57 billion
          77 words
        • 111 24 THE landmark joint communique by Singapore and Malaysia, following Prime M inister Goh Chok Tong's visit to Kuala Lumpur earlier this week, addressed one glaring lacuna in business relations between the two close neighbours. Both governments "welcomed the establishment of the Malaysia Singapore Business
          111 words
        • 95 24 ONE exasperated motorist recently complained about the inefficiency of a motor insurance division of a giant insurance group. It seems she was called three times by one inexperienced executive for details of the car she wanted insured. "I wanted them to give me a quote and they
          95 words
    • 6018 23 Transaction Date: Feb 19 Or Or M Nt 1997/98 Last Vol Day Lest Ouott Olv Dlv VM Net Cat Aug High too StNo Company Saia COOO) High Law Buyer Seller C'vr H W/C Jmil Price INDUSTRIALS 157 18.5 e 1020 ACE Dynamic s60c.. 38 -I 36 38 35
      6,018 words
    • 1342 23 Or Cr M Wt •W* t»»« Vol Day LMt OvMtt Olv 01» VW Not Co Avg Mi*k Law StNa Compary SaM (0001 Hlf* Lao Suva' SaHar C »r P/l $m« Cftc, KSOAQ 10* 74 a 2000 tMHMdk K>4 «J 41 KM IM 10* I0T 10 60 01 140 0
      1,342 words
  • Page 15 Advertisements
    • 41 15 TWIST SHOOT Hard to ignore the sweet sound of success You've arrived. You're at your prime. It's time to get what's due. [MtHIDSONI SOLE AUTHORISED DEALER: HARLEY-DAVIDSON OF SINGAPORE( 1994) PTE LTD 255 ALEXANDRA ROAD TEL 475 0123 FAX 472 8900
      41 words

  • Page 16 Advertisements
    • 75 16 V v Inal currencies H, jl m mi j R new depths 23l II Just follow the hint and send in your entries to MacPherson Road Post Office P O Box 208, Singapore *****7 by 21 Feb '98 1 I HINT: A special segment on Mondays. b| TNI Fl [T
      75 words

  • Page 17 Advertisements
    • 741 17 j#l Habib Bank Limited I (Incorporated in Pakistan) B LIABILITIES 1995 1996 ASSETS 1995 1996 R RUPEES RUPEES RUPEES RUPEES B Authorized Captial 5,000.000.000 5,000.000,000 Cash on hand and I with Banks 34.221.500.227 40,071,162,258 II Paid up Capital 2.478.495,000 2,478.495.000 I Reserve Fund Surplus 4.920.377.191 1.486.931.077 Investments 63.147.584,192 60,916,559,192 B
      741 words






  • Page 23 Advertisements
    • 27 23 bouquet of flowers X. girlfriend. -2> Buying or selling through mrJmtofijL mCtP (VitedTy The Straits Times Classified is child's play. ®°*—JJ Call C AT.S. at 1800-737" 1166*
      27 words

  • Page 24 Advertisements
    • 426 24 BUSINESS Notices IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NORSCAN MACHINERIES PTE LTD (In Members Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) of the Companies Act. Cap 50. thai a Final General Meeting of the abovenamed Company wril be
      426 words
    • 373 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF APPAREL ORBIT PTE LTD (IN MEMBERS' VOLUNTARY UQUtOAT)ON) Extract of the Minutes of an Extraordinary General Meeting of me members of Apparel Orb* Pie Ltd he« at 8 Robinson Road •06-00 Cosco Bu*dmg S*vjapore *****4 on
      373 words
    • 313 24 IN THE MATTER Of THE COMPANIES ACT. CAP 50 ANO IN THE MATTER Of VAiL INVESTMENT PTE LTD 'Members Voluntary Liquidation) Al an Extraon*nary General Meetng of the abovenamed company duly held at As Registered Office. Bfc 306 Übi Avenue 1 #02 189. Room F, Übi Town Centre Sogapore *****6
      313 words
    • 348 24 IN THE MATTER Of THE COMPANIES ACT (CHAPTER 50) ANO IN THE MATTER OF WYWY MOBILECOM CONSORTIUM PTE LTD (In Members' Voluntary Wmdmg-Up) At an Extraordinary General Meeting of the abovenamed company duty convened and held at 101 A Upper Cross Street #11 -22 People's Park Centre. Singapore *****8 on
      348 words
    • 558 24 IN THE MATTER OE mom: concept pte ltd (MEMBERS' VOLUNTARY LIQUIDATION I NOTICE OE UNAL MEETING NOTICE IS HEREBY GIVEN pursuant to Srrtion .11* of Ihf rnnpantrs \ct It hapler SH that a Final General Mtflinc of the member* of the abotrnamrd Company will he held al the office of
      558 words
    • 411 24 IN THE MATTER OE B.E.E. IMPORT EXPORT PTE I.TO (MEMBERS' VOI.I NTARY liquidation i NOTICE IS HEREBY GIVEN pursuant In Section .Kl* of Ihe < onipanies Acl It hapler Mli that a Final t.eneral Meetine of the members of the abovenamed < 'ompany will he held at Ihe office of
      411 words
    • 150 24 To advertise call toll-free 1800-741 1883 SINGAPORE. PRESS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOI NCKMEXT Singapore Press Holdings Limited (the "Company"! wishes to announce that the Directors of the Company have exercised the powers granted to them pursuant to Article J2( 11 of the Articles of Association
      150 words
    • 347 24 THE COMPANIES ACT 1 CHAPTER SO SECTION 290(2Kb) NOTICE Of RESOLUTION RYOOEN ENGINEERING (SINGAPORE) PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) A? an Extraordinary General Meeting o' =»vooep te Ltd held at 7 F Wanu'ite ~ower 169 Eiectnc Road SoTti Pont Hong Kong on the '3th oav of February t996 the
      347 words
    • 348 24 THE COMPANIES ACT 1 CHAPTER SO SECTION 290(2Kb) NOTICE Of RESOLUTION FLE4MAI (JAPANESE PRINTING) PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of FLE-imai (Japanese Printing) Pte Lid held at 133 Cec'i Street. #09-018. Keck Seng T ower Singapore *****6 on the 17th day of February 1998.
      348 words

  • SHIPPING TIMES
    • 315 25 Bridge News, Reuters RATES crept higher on the key US Gulf-Japan Panamax grain run with reports that U5517.50 or as much as U5517.75 without combination ports was agreed, brokers said. The Baltic Freight Index rose 18 to 967 quantifying this change. Volume totalled 279 lots of which March
      Bridge News,; Reuters  -  315 words
    • 276 25 M CWT 0UIH8mi» 0L7> -002 M ChuanHup 0.46 43 ||K«MMklM 0.81 *001 1 rmftuwa 0 33 unch 307 MMMtl 0.325 *a029 Sun Hup 0.60 *0.02 479 HKacNZoPOn 0.625 *0009 93 !MCHo«dto«s HM 5.60 Jaya HoMbtQt 0.435 -0.02 22 MMMM 7.90 *OAO 53 Him* Corv 4.48 *0.02 1409 K*pp«FlL3
      276 words
    • 494 25  -  Taipei wants China to open more ports while Beying insists on easing of curbs From P T Bangsberg in Manila ATTEMPTS to unfetter direct China-Taiwan shipping appear to be moving again, although slowly. Representatives from shipping groups on both sides
      AFP  -  494 words
    • 740 25  -  ADMIRALT7 CASEBOOK By I Selva Kumar CARRIER which issued a "freight prepaid" bill of lading in a shipment which involved three intermediaries has been unable to force the shipper to pay the freight. This is because although a "freight prepaid" bill usually makes the
      740 words
    • 382 25 Journal of Commerce [LONDON] Oil tanker owners, caught with a temporary oversupply of large crude oil carriers in the wake of the Asian financial crisis, are betting on a speedy recovery in Asia to right the balance by the end of the decade. "I
      Journal of Commerce  -  382 words
    • 428 25 It's going ahead with capital plans after settling Liverpool dock workers dispute Reuters [LONDON] British port operator Mersey Docks and Harbour Co said on Wednesday that, with the long-running Liverpool dock workers' strike finally settled, it plans to almost double its investment programme
      Reuters  -  428 words
    • 105 25 AFX-Asia [HONGKONG] China handled more than 10 million twentyfoot equivalent units (TEUs) in 1997. up 24 per cent over the previous year. China Trade News has reported. The newspaper said the figure excludes containers handled through Hongkong and the volume handled
      AFX-Asia  -  105 words
    • 1003 26 ASIAN AVIATION Despite fears deregulation and belt-tightening contributed to recent crashes, Asian airlines are safe, says US' Boeing AFP, Reuters .[SINGAPORE] SAFETY has become a major issue in the Asian aviation industry in the aftermath of a spate of disasters which are unprecedented in the
      AFP,; Reuters  -  1,003 words
    • 377 26 PAGE Evergreen 6 ANL 3 FL-Brigtit 15 Accord 8 f"""* M Ahrenkiel 14 FoongSun 8 Appenship 5 Frota 5 AsiaOCL 15 Frt links 16 tt Astro 3 G Lit* 4 Austral 9 Gemarlrans 8 Avant 16 Geflstipg 9 8 tang Mas 8 Glory
      377 words
    • 19106 34 THEBUSINESSTIMES FRIDAY, FEBRUARY 20, 1998 EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oast'n Name Name Number Number SIN Dest n Name Name Number Number A 21/02 13/03 misc no honshu oweor *5 *****2 ***** IJ/OJ OOCL NEDLLOVO HONSHU 0IWB07 *5 *****1)
      19,106 words
    • SHIPS IN PORT
      • 734 41 Vessel Voy Mo Brth Arrtvd Dopartur Janag Nrt BftuM ft 2 9804 J02 itongskH 20.02/0400 Bohmu ***** J04 Hooqudt 19.02/2X0 Bt AfrtzU ****** J01 itonqsk* 20.02/0600 HMTlkr *****6 J01 ik>ngsx>* 20.02/0600 6t 66 2994 0196 J01 HonguM 19 02/2300 8t Sontfl 4 *****6 JOt Hon** 20.02/0230 Cmm* Ho**
        734 words
      • 1739 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boo*lnq/!UUnci Rttli Ship Voy No Etb/Btr Nriod From To From Acta* i on 2/itoo u n/Boo nmm nmm nmm nmm nmm U N/1700 20/0454 MOW n nmm 20/0454 worn nmo wn mm 4 iomm to/1499 to/mo ha Ml M MB*
        1,739 words
      • 204 41 Fafc 33 Brunei: National Day. Luxembourg: Carnival Monday. MM Portugal: Carnival. lUr a Greece: Orthodox Lent Monday. Mat 17 United Kingdom: St Patrick's Day. Mar 30 Japan: Vernal Equinox Day. Mar 31 Mexico: Juarez Day. Mar 3S Greece: Independent Day. Apr# Hong Kong: Chlng Ming Festival. Apr 7
        204 words
      • 833 41 TIIIS report, compiled by Cocked Marin* OU Lid. show* price rang** In US dollar* in •laad of tingle price* for a mora comprehen *.va description uf lha market Price* (hown are baaad on average ■Had atam Markat movamant* are Indlcat ad The Cockatt Bunkar Plica Index
        833 words
      • 423 41 C»rtK» 180 Mai 1016.5 0.8 14.1 0.M 106 0.0S Fit I] IwRt *r«t»r InMn Mi MmMm Mtaaat No »bo»* £25 5 0 0 3 1 0 3* 985.5 0.4 12.9 0.06 27 0.01 Iuh 380 Mm 992.0 L0 16 6 0.09 43 0.04 Mflri %ufti mi
        423 words
    • AIR & LAND TRANSPORT NEWS
      • 485 42  -  Long-term view viable as air traffic growth will improve when Asia crisis blows over By\ Felix Chan [SINGAPORE] Communications Minister Mah Bow Tan yesterday urged airlines and airports against drastic changes to their plans in the Asia Pacific amid the current economic
        485 words
      • 223 42 Reuters [HONGKONG] The International Air Transport Association (lata) said on Wednesday it was urging Asian airports to freeze landing fees for three years and that Japanese airports Narita and Kansai had accepted the proposal. "We had a very quick agreement actually
        Reuters  -  223 words
      • 435 42  -  By Felix Chan [SINGAPORE] Unperturbed by the economic turbulence in the region, Germany's Lufthansa will be boosting Asian services in the coming months but said it would not be joining the price war being waged by airlines in the region. "We are still cool about
        435 words
      • 366 42 TAIWAN'S WORST AIR DISASTER Planem&ker says human error, limited visibility are more likely reasons Reuters [PARIS] European planemaking consortium Airbus Industrie said on Wednesday the control systems of an Airbus plane that crashed on Monday in Taiwan were not likely to be a
        Reuters; REUTERS  -  366 words
      • 87 42 ISKPANG, Malaysial A police officer standing watch on Wednesday at Malaysia's new KL International Airport in Sepang, 40 km south of capital Kuala Lumpur Airport authorities started full testing of the total airport management system (TAMS) and the baggage handling system before deciding the final date for
        REUTERS  -  87 words
      • 580 42 Resumption of long-dormant talks with UK are key to AA-BA alliance Bloomberg [WASHINGTON] US negotiators are turning their attention to reaching a fully deregulated air trade pact with the UK now that the US has reached an aviation agreement with Japan,
        Bloomberg  -  580 words
      • 1927 42 CITY f LIGHT ETA FLIGHT (TO MM ***** 1920 M»«ta SOW 1730 S0990 0115 kmtttUm $0327 0020 *1844 0125 C««ti»H HC CZ354 0910 *1837 1540 ***** 2245 Maa* VH74I 1310 VK742 0905 HI 2335 **740 MIO $026 2355 tut Yel TC407 1540 T6408 1645 Auckland H*****
        1,927 words
  • Page 25 Advertisements
    • 20 25 Crashes put focus on Asia air safety Despite reasons attributed to accidents, Boeing says Asia carriers are safe. Page 2
      20 words
    • 86 25 Asia airlines urged not tO rhanffl plant a Air traffic growth will improve when crisis ends: Mah. BackPage mm I ffiMMHJ I Lll\y VIJ AGENCIES PTE. LTD. I PURE NEUTRAL NVOCC TO: 1 1 USA HONG KONG PUSAN OTHERS M We Are Master Co-loaders, Call Us Now! ■t' bb SINGAPORE:
      86 words

  • Page 26 Advertisements
    • 967 26 I NORTH AMERICA ~1 I EXPORT I I OTHER DESTINATIONS HI I ssx-suptmmjrn-EExmEW-ptcTTom I j 1 j no at a* hou ooc wt mcxkoott w m Mommo mimmiwa CMI4O no wwow awooaoasialvuru«tto QQQtMW—> »cm nm b/m u/w i//w 17/03 ii/oj 10/03 23/03 ISf WE I OOCLNMGftOW MBit 04/W 04/03 20/03
      967 words
    • 637 26 A #Mem o ersaft* W©M; Mergers o tr« Reg Mr/ hTTI S-rgajxye Fcywaroe AcceaieO Sf.co'j Agers VM&P Assooatior Si-gaoce 5r «/""<3 Assoc a'jor sailing schedules around Asia. Place an ad in... SHIPPINGTLMES Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan -2 x Hongkong -1 x Manila -1 x
      637 words

  • Page 27 Advertisements
    • 1102 27 TO EUROPE FROM EUROPE I VESSEL VOY SIN RTM ANR HAM BRV SOU FXT LEIT VISSII VOT RTM AMR HA* WV SOU fXT UH SIN ACUPUICO SO7B 19/02 14/02 11/03 12/03 09/03 TYW 206« 01/02 03/02 04/02 07/02 24/02 LA LOWE 1078 20/02 08/03 10/03 13/03 14/03 DANUBE 6068 07/0204/02
      1,102 words
    • 2387 27 HANJIN SHIPPING USA CANADA* fOBVSI/VOT MM SW UNI HAUL/VOT SU HW KN PDX ol MSP MT DTT MM BWI TV* TUI TYZ TtUZABfTHO29t~~2O/02 11/11 OUT 12/03 13/03 14/Q3~ 14/03 IS/03 15/01 14/03 17/03 17/03 17/03 U/03 14/oT~ U/03 U/03 H. EUZAItTH 0291 20/02 21/03 H. StATTU/0481 70/03 21/03 7?/03 23/03
      2,387 words

  • Page 28 Advertisements
    • 1682 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MKUU'ERRANEAN/CANADA VtSStL VOT SIN LfH RTM ANN HAM OHV fIX VtSSfl VOt g JID GIT SPt FOS VIC MTU TRAD! COSMOS WQSII 20 02 13 03 14 S3 12 03 13 03 IS 03 AMERIGO Vf SPUCCI WMOII 22 02 04 03 10 03
      1,682 words
    • 1200 28 MMG Internet Web Site http: //www.yml.com.tw liij E-meil Address csotip72o.yml.com.tw l£JiljJl/ALIiILLM.iiIJMjLIILIUII4'I;I'IJ«-'llM4'llWl)ljHflJl;ll.mi'<J;mm:l l JMl Tvr.ct weekly every Thursday/suhday vessel woy sin cmb rtm ham fxt leh anr MIN(i MOON ABO7W 20/02 24/02 14/03 12/03 11/03 16/03 MING SOUTH JBO7W 22/02 11/03 13/03 14/03 16/03 DOVER BRIDGE ABOBW 27/02 03/03 21/03 19/03
      1,200 words
    • 538 28 LINE TIL: *****56 FAX: *****1 3 MUARA 1 LABUAN VISSII VOY no ETA VISSEI VOT ETD ETA SPORE MUARA SPORE UN J. PROSPER VOSE/98 Slfl 21/02 J. PROSPER VOSI/W SU> 22/02 APRIL GiORY VOSE/98 22/02 2S/02 AFRRGIORT VO5l/* 22/02 26/02 1 PROSPER VO6E/98 27/02 02/03 J-PROSPER V0«/9I 27/02 03/03 APRRGIORY
      538 words

  • Page 29 Advertisements
    • 1285 29 [vessel voy sin bkk pou pko pen blw sub pa I bik IRAN GHEYAMAT PJL-1272 12/02 20/02 EIBE OLDENOORFF PJL-1277 15/02 23/02 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN ARMENIA. KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN. KIRGISTAN, TAOZHIKISTAN GEORGIA VIA B ABBAS, BIK AGENT IN SINGAPORE AGENT IN
      1,285 words
    • 1966 29 CARGO TO/FROM SHEKOU NUANGPU WEEKLY DIRECT SAIIING SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: COSTAR SHIPPING PTE LTD #17-OSDIS»IDG SAUS/IKGS 4205M1/43 INWARD DEPT(D/O> *****85 COSTAR AGENCIES (M) SDN BHD CB NO: *****89Q000M TOWEH TWO (06A509) CONVENTK)NAt *****50/55 T/SHPMT DtPT 420SA2S TEL
      1,966 words
    • 551 29 EASTERN CAR UNER, ITD. ,h S?SS,r \Lfej Ed (SINGAPORE) Fit LTD 1 SPfQAUZI IH RORQ t HEAVY UfT UPTO 122 TOWS EG (SW6APORE) FT! LTD LOADING FOR PORT KLANG/BONTANG MV WHITE FLORES V.6 MV "ORIENT ULAC" V.IO ETA SIN 16/02/98 MAncA 7 O TA 0X122 02 98 EU SN 19
      551 words

  • Page 30 Advertisements
    • 1439 30 EUROPEAJK/SCANDINAVIA/FINLAND/HUSSIA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PKL I SGP I E RENOWN RW-027 21/02 13/03 18/03 14/03 15/03 17/03 U/03 E GROUP RE-057 29/01 20/01 30/01 01/02 24/02 25/02 E OAINTY RW 004 28/02 20/03 25/03 21/03 23/03 24/03 25,03 E GLAMOUR RE
      1,439 words
    • 985 30 p Ai MAC-MELS S'PfIRE M Carrier: MN CONTR LINES, INC l-IY-/\~ J O"HO;l200®*****0« SIBU: (084) *****9 MANILA: (632) *****61 PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 KUCHING (082) *****1-3 M*HIIA I OENOA/BARtEIOMA MV "UNI SUPERB" V.OSB6BN Mv "NORASIA
      985 words
    • 437 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SIM PU) DUB (FT R/MY NANTAI VtNUS 025S 22/0? 02/03 06/03 09/03 GOLDtW DRAGON 003S 01/03 11/03 IS/03 19/03 NANTAI PRINCESS 020S 08/03 23/03 27/03 NANTAI QUEEN Q26S 17/03 25/03 29/03 02/04 03/04 GANTA BHUM 0045 24/03 05/04 09/04
      437 words

  • Page 31 Advertisements
    • 596 31 BSA n ymm MYANMA wBBk PIVE STAR LINE (MyasKiar Notional Um) 1 Loading for Yangoa (Rangoon) Vtssa VOT SIN PIG PIN PGU HPA-AN 241W SU> MIRGU 142 IN PT MAUTSU AGENTS: OOUSTIAO SHIPPING AGOKKS KUL TCL 02-03-*****00 PKL TIL 02-03-376*101 PtN: TU 02-04-*****02 PGO: TIL 02-07-*****21/4 BANK LINE (A torvico
      596 words
    • 1330 31 A HYUNDAI MERCHANT MARINE CO. LTD. Ivtssa vot I sin I sou luhl mo I ami I ham I wT["m~| IVKSa VOT SOU UM WW AWT HAW OKV Fa Oil ACAPULCO 301W 19/02 09/03 14/01 11/03 17/03 HT (OMWOOOM 31« 29/01 05/01 03/07 07/07 01/07 03/07 73/07 LA LOW 303W
      1,330 words
    • 968 31 oorvwegion spenalized oukxamers ISlr® TO NORTH AND LATIN AMERICA VISSf 1 I VOT RAMP HEIGHT SIN LAX CRI MIA SAV BAL ORF NYC NEW MOI TAIKO FBOS 400 Tom 6.3 M 28/02 7S/03 05/04 08/04 T0704 *****" ***** 14/04 19/04 20/04 TOURGOING FBO6 400 Tom 6.3 M 17/03 10/04 19/04
      968 words

  • Page 32 Advertisements
    • 1015 32 BANGKOK/LA EM CHABANG JAKARTA/PAN JANG VESSEL VOY SIN BKK LCH VESSEL VOY 5177 JKT PJN YANTRA BHUM 228N 21/02 25/02 GURU BHUM' 66S 21/02 24/02 KITI BHUM 42N 22/02 25/02 25/02 ACX RUBY* 16S 23/02 26/02 ANAN BHUM" 93N 22/02 25/02 26/02 DEJA BHUM 736S 24/02 27/02 26/02 ACX JADE
      1,015 words
    • 413 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0208 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI Bintulu Muara VISSIL yor SIN ITU VOY yN *M* Bfclo.i V ***** 73 74/07 01/03 WSO3I Inpt 70/07 7S/07 IStfio V ***** 7101/03 04/03 M C«U
      413 words
    • 653 32 1 ACCORD Mm SHIPPING PTE LTD TIL *****15 (40 Lin**) FAX *****30 FORT KLAHG (03) 367 1001 Vl DIRECT ACCESS Til: *****55 (EXPORT BOOKING) FASIR GUDANG (07) IS I 1377 *****34 (EXPORT DOC), *****39 (IMPORT) FIHAHG (04)332 1440 ORUHTTP://WWW.ACCORD.COM.SG JAKARTA (21) 040 0770 PORT ITA SIN PORT ITA SIN PORT
      653 words

  • Page 33 Advertisements
    • 391 33 INDONESIA NATIONAL LINE TO EUROPE EXPRESS BEMI-COWTAINERISED SERVICE ~vsi voy f"? pine a oam/r dam |h burg Bremen Antwerp A VESSEL 4?WB j 27/3 1/4 OMIT 5/4 TO AUSTRALIA RILL CONTAINER SERVICE VSL ¥OY_ Fflt BNE SYD MB. HIA API FHI PtO NEDUOYD BRISBANE V OSS 1102 2102 0403 OM3
      391 words
    • 726 33 f PACIFIC INTERNATIONAL LINES (PTE) LTP^ J l4O Cecil Street, #03-00 PIL Building, Singapore *****0. I CR NO **********06 [nSPU W Sfy I 18. laws B'm ffi. llk I hb£s r" im m as —m- ft 1 ft tin mi _LiZ3 2i/j mi an m iua 12zi_ OOQ AMITY OH
      726 words
    • 917 33 VESSELS VOY I aN 1 JED MLA LEH HAM THP RTM ZEE Vt-LE DC ANTARES L34W 23/02 04/03 06/03 14/03 16/03 17/03 18/03 18/03 VK-LE 06 VIBQO S24W 02/03 11/00 1&/03 21/03 23/03 24/03 25/03 26/03 VK-LEPE NORMA N24W 13/03 22/03 26AM 31/03 02/04 04/04 04/04 06AM VNXE DE GEMINA
      917 words


  • Page 35 Advertisements
    • 48 35 To retrieve more schedules, just follow these simple steps... document 740-(i(K)o^^^F/-^ tep be faxed M Press 1 the port your Step key in the four W number M digit code Key in your Example: r—l—i fax number To NEW YORK (NYC) 2275 for calls within Singapore United States
      48 words



  • Page 38 Advertisements
    • 1144 38 —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. **********00 BOOKINGS CA L L DIR EC T LIN E: 222 2941 /43 J E SSIC A/ C E LIA /M EI CHAN 7 slgs/week [2235E22H8 2
      1,144 words
    • 611 38 UtfM* ENG LEE SHIPPING CO PTC UD I M: *****75 IIm*) Pm: *****30/532***0 I C» IU: 1502f»0000<X I VESSEL VOY SIN ETA SIN ETD DESTINATION Marco Polo 1 07/98 70/0? 77/0? K bn») Unon Star 8 03/98 21/0? 77/0? Duno/Wown Smoi Centrol 03/98 71/07 73/07 Pexiwono/Booton/PBoiu Moko Polo 17 OS/98
      611 words
    • 418 38 m FAR EAST 22/02 KEELUNG/KAOHSIUNG 22/02 BANGKOK 22/02 MANILA/CEBU 22/02 JAKARTA/BELAWAN/SURABAYA 22/02 PORT KELANG/PENANG/E MALAYSIA 24/02 BUSAN 22/02 TOKYO/YOKO/KOBE/NGO/OSA 22/02 HONG KONG $IN CHINA (4>SS±»*n) 22/02 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG IIANJIN/OINGDAO/HAIKOU SIN EUROPE/UK 22/0? lUN/FLX/LVP/SOU ROM/AN r/LE H/HAM/G0 T/OSL also a(xeplmg to EASTERN BLOCK COUNTRIES SIN USA/CANAQA 24/02 I OS ANfjfcLl
      418 words
    • 474 38 Singapore Soviet Shipping a® Co. Pte. Ltd. CR NO:**********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTA RAJA RJAOOS 24/02 04/03 16/03 18/03 KOTARATU RTUOO3 07/03 15/03 27/03 29/03 ORIENT CORD 110N 11/03 19/03 31/03 02/04 KOTA RAJA RTUOO7 19/03 27/03 06/04 10/04 REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA [VESSEL
      474 words

  • Page 39 Advertisements
    • 1099 39 MSG CALL DIRECT TO VALENCIA EFFECTIVE FROM NORASIA SHANGHAI V.9807-3 i ETA SINGAPORE 25TH FEBRUARY 1998 ASIA AUSTRALIA EXPRESS SERVICE I! [VESSEL VOY SIN FEE 'API M£L SYD BNI ~~1 I MSC YOKOHAMA 003 A 25 FEB 03 MAR 06 MAR 08 MAR 11 MAR 14 MAR MSC CHIWAN 005
      1,099 words
    • 1900 39 nttfl/YWMft S?«L r My HTM NMI IVKSft/VOTAGI 1 SOU HTM I HAW 1 l£H KOOf KAGOTA SHMKUZU TOKYO OOd N(THH LANDS 01WM07 1912 07.03 09.03 10.03 U. 03 RHM ?0S« 30.01 2511 27j01 31.01 17.0? 23.01 2412 25 02 26 02 OOdSJNGAPOt( 01 MAM 2612 14.03 1103 17.03 21.03 NT*
      1,900 words

  • Page 40 Advertisements
    • 465 40 I VESSEL VOY SIN MAA SIN TIGER BRIDGE 606N 24 25/02 01 04,03 09 10/03 TIGER BAY 607N 27 28/02 04 08,03 12 13/03 TIGER WAVE 608N 02 03/03 07 11/03 15-1&03 TIIGER ISLAND 609N 05-06/03 11-15/03 19 20/03 TIGER BRIDGE 610N 15 18/03 23-24/03 TIGER BAY 611 12-13W3 18-22/03
      465 words
    • 901 40 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE ARGENTINA ETD SIN SOUTH AFRICA ETD SIN BUENOS AIRES 12/03 CAPETOWN 02/03 CHILE ETD SIN DURBAN 02/03 VALPARAISO 27/02 JOHANNESBURG 02/03 GREECE ETD SIN SPAIN ETD SIN PIRAEUS 02/03 BARCELONA 06/03
      901 words
    • 1191 40 OQCL (Singapore) Pte Ltd CFS Keppel Distrpk Fofbookmg &J 79 Anson Rood #21-04 (S) *****6 Wk 513 #01-128 g. enquiry //SViIV CR NO **********0H W: 272 7827 ->Z q c n VST/ T«t *****13 F«« 221 3942 F.«: 272 7825 JQ^J269JBO^ NORTH AMERICA USA/ CANADA TISTRAIIA TO USA P SGf
      1,191 words

  • Page 41 Miscellaneous
    • 132 41 OS LEGEND: R Thunderstorm T *TTT' #C X >ower Weather —S Wind direction with speed m knot* Ron Wove height Cloudy Sky Surfoce wind* ore indicated by arrows which Hy with the wind One full circle represents calm or bght and variable winds J__. One half Heche represents 5 knot*
      132 words