The Business Times, 1 April 1998

Microfilm: NL21181
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) ll(V12/97 85* SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, APRIL 1,1998
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  • Article
    MARKET SUMMARY
    64 1 rjm M 1,111.10 (-19.38) □mm 973*48 (-18.%) BTOOKP mm (-13.68) nmrasA kJ ***** (-19.58) Himffm STOCK HABXET nmCES Tuesday Change KiagCOMP 7l»i2 -144 NKna 1M27.17—+M4.13 HAM) SENG UJB1&I8 +14* SET INDEX 4M.11 -4* JAKARTA COMP dosed MANILA COUP -J6J8 TAIPEI WPI J.MLM >121 SEOUL COUP 481.04 -Ml CLSA
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  • Article
    FINANCE
    71 1 FOBEX BATES US$ St UBS 1JW S(U8t/SS per S) LI74 2.?0fi DM 1J860 $JSm ten 1334 mr m INi 1441 HK» 7.749 UK BAHT 39.06 0.941 BJPIAH Mtt tJir •stmrnwu* PUB BATES SINGAPORE* 7J1 KUALA LUMPUR 11.SO JAKARTA 28.00 BANGKOK 14.7ft MANILA 22J0 HONGKONG 1016 TAIPEI 8.80 SYDNEY 8.4ft
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  • Article
    Ekran unit shocks with receivership announcement
    640 1  -  Analysts fear Wembley is a prelude to more Malaysian corporate failures From\ Eddie Toh, Meera Tharmaratnam in Kuala Lumpur IN a shock announcement last night, Wembley Industries Holdings, controlled by Sarawak tycoon Ting Pek Khiing's Ekran Bhd, said it has been placed under receivership.
    640 words
  • Article
    Thai central bank tightens rules on non-performing loans
    985 1  -  Sash to raise new capital seen; Moody's cnts 5 banks' ratings From Harish Mehta in Bangkok THE Bank of Thailand yesterday announced a package of measures to bring the country's crisis-ridden financial sector in line with international standards. The new rules tightened
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  • Article, Illustration
    Lock icon NOL bottom line loss hits $297m
    864 1  -  Profits expected this year; merger costs fnlly provided for By Conrad Raj (SINGAPORE] Neptune Orient Lines yesterday reported the Singapore stock market's largest loss for last year $297 million ft the bottom line the result of massive interest and restructuring costs from its purchase
    TAN SUAN ANN/THE STRAITS TIMES  -  864 words
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      138 1 mgnxßi Ftairfattate As PM Goh Chok Tong arrives In London for Aaem H, observers riianiag hia moderating role in tackling Asia's financial crisis, P|2 Ksaadto far IPC IPC Carp's net earnings for 1997 plunges 71% to $&9 million mainly on write-offs totalling 180 million, including that for its ftitod Hagenuk
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      81 1 1997 earnings review The last of Singapore's corporate results are in. For a complete final tally, plus sectoral reviews and look-aheads for banking, property and electronics companies, see pgs 18,19 <• ■■'is -a w i. Serving tho Lstest MM Culinary Style Fusion Cuisine, I an Exotic /> Eastern Western Cooking
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      PM Goh expected to play moderating role at Asem
      536 2  -  MOT II SUMMIT Asia's financial crisis giving summit its first mqjor test of relevance By Yang Razali Kassim PRIME Minister Goh Chok Tong arrives in London this morning for the second summit of Asian and European leaders, with observers expecting him
      536 words
    • Article
      Over 120 firms qualify for BHQ tax perks
      391 2  -  Business HQ status given to two Siemens miits, Belgian firm Barco and Teledata By] Louis Beckerling THE number of companies qualifying for tax breaks and subsidies under the Economic Development Board's Business Headquarters (BHQ) scheme now exceeds 120, EDB chairman Philip Yeo
      391 words
    • Article, Illustration
      Lock icon Interest rates seen going down
      363 2  -  EYE 0* THE ECONOMY Interest Rates By< Audrey Tan THE lack of liquidity in Singapore's money market will not raise interest rates because the demand for money is weak, says securities firm J M Sassoon. It has forecast a downward "underlying interest rate trend" in
      Source: Dept of Statistics  -  363 words
    • Article
      Settle disputes out of court to save time, businesses told
      267 2 WITH many companies currently under financial strain, those that are doubly unfortunate to be mired in some dispute would do well to consider out-of-court ways of resolving it. Besides being cheaper and faster than litigation in most cases, parties who
      267 words
    • Article
      Rent freeze for new tenants: JTC, HDB give details
      418 3  -  Concessions, including rebates, will cost the two bodies some $44m in revenues By. Ang Wan May JURONG Town Corporation (JTC) and the Housing Development Board (HDB) yesterday fleshed out plans to freeze rentals for new tenants till June next year, and
      418 words
    • Article
      Gintic to do more R&D for manufacturers
      183 3 GINTIC Institute of Manufacturing Technology expects manufacturing Firms to commit $14 million to its research development projects in fiscal year 97/98, and $20 million by year 2000. The $14 million industrial commitment this year amounts to a 65 per cent jump over the
      183 words
    • Article, Illustration
      Lock icon Upbeat mood at auction with seven deals done
      427 3  -  All seven from mortgagee sales; 19 properties offered in fall-day auction By Diana Oon THE recent success at property auctions continued yesterday with Knight Prank closing seven deals out of 19 properties put on the block. Indeed, the property consultancy had to
      FILE PHOTO  -  427 words
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      411 2 1 /Vf J;T« I*l IH I I r kHjfl^^ For the first time, the co-location OPEN TO ll? TRADE* PUBLIC! and sports fraternity presents: BOAT ASIA HaMs ".S.t and More than 400 exhibitors, including 1 9 9 8 On-water Display at the national groups and major key The Bth International
      411 words
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      176 2 Contributing to Singapore's development as the "BOSTON OF THE EAST" This is an unique full-time MBA programme limited to a small group of high-potential executives drawn primarily from Singapore and the Asia Pacific region. Candidates will spend a term at MlT's Sloan School of Management. The Programme is targetted at
      176 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      159 3 RESTAURANT We are closed for renovation from today till 30 April 1998. Re-open on 1 May 1998 with a totally brand new look and concept Do make a date with us. Liang Court Complex 177 River Valley Road #04-07/09. Singapore *****0. Tel: 336 6022 —oa^r^l I WORLD WIPE I Since
      159 words
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      116 3 H I J L BKsB A B, fl IF fl A i 'f >.<** **> E^| V Sj|||K fl V B^^Sj w»'—wwmj—■■ .jiii.w iww*w—!■ luwwwaiiwwwMwwwfwwwPßWwwnww—WWwn—WWW—w».wjwi.wuii wjiw' Jii—wwkw—ew—www—i-WJiiwaWß^ r\ To easily manage your systems, networks and applications from a central point. J ro roll out hot new applkationsto thousands of users,
      116 words
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  • MARKETS IN TURMOIL
    • Article
      All 39 M'sian finance firms say yes to consolidation
      716 4  -  Number will shrink eventually to eight; six anchor firms to absorb 15 others From Ruth Wong in Kuala Lumpur MALAYSIA'S ambitious target of consolidating its overcrowded finance sector met with success at the expiry of its March 31 deadline when all
      716 words
    • Article
      Jakarta rejects pleas for rise in minimum wage
      416 4  -  Mmmaytriggor social unrest, warn analysts From\ S N Vasuki in Jakarta CITING the unprecedented economic downturn, the Indonesian government yesterday rejected appeals for a rise in the minimum wage this year, a move which analysts warned could trigger social unrest as the
      416 words
    • Article, Illustration
      Lock icon Yen fears drag Sing dollar over 1.60 again
      346 4  -  By1 Larry Wee [SINGAPORE] Fears that the Japanese economy is headed for its worst recession since the oil price shock of the 1970s forced the Japanese yen to a 133.70 low in Asian trading yesterday, dragging other Asian currencies lower in the
      Source: Dow Jones  -  346 words
    • Article
      Lock icon Thai Jan trade surplus down as exports slide
      214 4 AFP [BANGKOK] Thailand yesterday announced a decline in January's trade surplus led by flagging exports, which analysts said pointed to the fact that the Thai economy was still shrinking. In its monthly release of indicators, the Bank of Thailand (BoT) said private
      AFP  -  214 words
    • Article, Illustration
      Lock icon Banks seal deal to roll over US$21.8b South Korean debt
      349 5 Debt pact, Moody's statements should help govt sell USs3b bond issue overseas AFP [SEOUL] Foreign banks yesterday signed an agreement here to roll over US$2l.B billion (5535.3 billion) in South Korean short-term debts, the finance ministry said. The signing ceremony
      AFP; REUTERS  -  349 words
    • Article
      Lock icon Intel plans to invest US$1b in Asia this year
      167 5 Bloomberg [SEOUL] Intel Corp said it will invest US$l billion (551.61 billion) in plants and equipment in Asia and buy US$l billion of products from South Korea this year. The investments reflect the fastest-growing markets for personal computers. The chipmaker sees
      Bloomberg  -  167 words
    • Article
      Lock icon Japan's banks face losses, ratings downgrade: S&P
      343 5 Bad loans to Asia could lead to Lst yen losses, it says AFP [TOKYO] Japan ended its financial year yesterday with new warnings over imminent bank losses and a downgrade in credit ratings for some of its healthiest financial institutions. The US credit
      AFP  -  343 words
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      1188 4 The Stock Exchange of Hong Kong Limited (the "Stock Exchange") takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of
      1,188 words
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      646 4 BUSDIESS^te P.T. Bank Ekspor Impor Indonesia (mm) hKorpoMHri otf M Mb) mfe lan fafaMr of Mml U.S. $159,000,000 Floating Rate Notes due 1999 In accordance with the terms and conditions of the Notes, the rate of interest applicable far the interest period 30th March, 1998 to 30th September, 1998 a
      646 words
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      Page 4 Advertisements Column 3
      15 4 Japan, Indon debt to dominate markets, Pg 6 Alarm bells from Japan, Editorial, Pg 10
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      3 5 fctHEiliß mmrr I
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      421 5 There's money to be made on the world s sharemarkets* But which ones? USA 6,206,907 BRAZIL 136,664 TURKEY 26,529 JAPAN 1,498,560 MEXICO 108,530 KOREA 25,409 UK 1,284,817 SOUTH AFRICA 89,439 IRELAND 23,907 GERMANY 584,682 BELGIUM 75»53<> AUSTRIA 23,007 FRANCE 474,453 DENMARK 67,719 ISRAEL 22,362 SWITZERLAND 465,596 INDIA 53»4°4 GREECE 22,253
      421 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Japan, Indon debt to dominate markets
      1049 6  -  Yen-led weakness suggests short-term top set for regional currencies By Larry Wee [SINGAPORE] THE improved fortunes of regional currencies against the US dollar last week were led by a 10 per cent recovery in the rupiah. Among the stock markets, too, it was Indonesia
      Compiled by BT; Source: Deutsche Morgan Grentell  -  1,049 words
    • Article
      Lock icon Thailand still has much to do
      488 6 It may be IMF's star pupil but it's not as yet a success story The Economist STAR pupils are good models for the lazy and recalcitrant. In the International Monetary Fund's reformatory for delinquent Asian tigers, Thailand fits the bill. While President Suharto of
      The Economist  -  488 words
    • Article
      ANALYSIS
      415 6 High PEs not always bad, check bond yields FOLLOWING a blistering start to 1998, do international equities still offer value? The average price-earnings (PE) multiple for the US market is around 27, while that of the UK and France are 21, Germany 22, Spain 27, and Switzerland and Italy
      415 words
    • Article
      Lock icon THE WEEK AHEAD
      359 6  -  Compiled by Larry Wee JP Morgan (JPM), Sources: Independent Economic Analysis Holdings (IDEA) MMS International (MMS) United States Today: Heavy turn-of-the-month releases start today. March National Purchasing Managers' report will weigh in at a strongish 53 (as in February for IDEA) to 53.5 per cent (JPM). February
      JP Morgan (JPM),; Sources: Independent Economic Analysis Holdings (IDEA); MMS International (MMS)  -  359 words
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      5 6 Banks most suffer too, PglO
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      365 6 Buy It. Sell It Find It Classified. H Call Today For Results Tomorrow. 1800-737-1166 Instructed by the Receiver and Manager mandated by the creditor bank to realise The Sh. Sameyeh Pte Ltd Collection which includes Museum Level examples, Mr Bruce Granger announces AN IMPORTANT EXTRAORDINARY (RESTRICTED) AUCTION HIGH INTERNATIONAL STANDARD
      365 words
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  • REGION
    • Article, Illustration
      Lock icon HK unveils 5-year land sale schedule, pledges to be flexible
      713 7  -  Govt will sell 650 ha of land to produce an average of 69,000 flats a year From< Quak Hiang Whai in Hongkong THE Hongkong government plans to sell 650 hectares of land for housing in the next five years, producing
      FILE PHOTO  -  713 words
    • Article
      Lock icon Indonesia headed for catastrophe as fires, drought persist
      381 7 JAKARTA Settlers, economic crisis add to the problem, says report AFP INDONESIA faces a "national catastrophe of staggering proportions" as fires and drought devour swathes of its forests, international researchers warned in a report received here yesterday. Although some pressure on forests
      AFP  -  381 words
    • Article, Illustration
      Lock icon M'sia deports another 558 Indonesians
      312 7 KUALA LUMPUR Fate of asylum-seekers still in the balance AFP, Reuters MALAYSIAN security forces yesterday kept up a campaign to deport illegal Indonesian immigrants, sending another 558 home as a group of asy-lum-seekers holed up in a United Nations compound waited to hear their fate,
      AFP,; Reuters; REUTERS  -  312 words
    • Article
      Exchange Fund's surplus up 10% to HK$190b
      378 7  -  From Quak Hiang Whai in Hongkong THE Hongkong Monetary Authority yesterday said the Exchange Fund's accumulated surplus rose 10 per cent to HK5190.2 billion (5539.6 billion) at the end of last year. The HKMA said total assets for the Exchange Fund the territory's
      378 words
    • Article
      Survey confirms slowdown in Indian economy
      412 8  -  A third of industries see negative growth; revival expected in next six months From Rajendra Bajpal in New Delhi MORE than a third of the industrial groups in India expect to see negative growth in the current fiscal year which ended yesterday, but a
      412 words
    • Article
      An oasis for foreign investors
      631 8  -  LETTER FROM SUSHOU Black 9t Decker tells why Snzhon park is top choice in China By i Peter Seidlitz THE BEIJING and Singapore governments should pay lan Walker for his public relations and marketing efforts on behalf of investments in China, and particularly the China-Singapore
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    • Article
      Lock icon China approves 2nd batch of investment advisers
      200 8 SHANGHAI AFP THE watchdog China Securities Regulatory Commission (CSRC) has approved a second batch of investment advisers in a bid to protect investors from fly-by-night consultants, a newspaper reported yesterday. The Shanghai Securities News said the CSRC announced the second batch of 26
      AFP  -  200 words
    • Article
      Lock icon Howard opens window for native claims to land
      305 8 CANBERRA Bntfate of bill still in doubt with Labor's opposition Reuters THE descendants of Aborigines pushed off their land by white settlement in Australia will find it easier to claim rights to that land under a softening of the government's native title
      Reuters  -  305 words
    • Article, Illustration
      Lock icon Picking up a new skill
      72 8 [NEW DELHI] Canadian Governor-General Romeo Leßlanc trying his hand at baking chapati, an Indian bread, during his visit to a Sikh temple here yesterday. Mr Leßlanc, who is on a week-long visit to India, visited the kitchen of the temple where volunteers prepare free foodfor
      REUTERS  -  72 words
    • Article
      Lock icon Bribe ban will hurt business: Canberra told
      227 8 SYDNEY AFP AUSTRALIA'S business community told the government yesterday that its participation in an international crackdown on bribes would destroy jobs by disadvantaging firms trying to compete overseas. The Australian Chamber of Commerce and Industry (ACCI) delivered its warning in a submission to
      AFP  -  227 words
    • Article
      Lock icon Asia could lose up to 12m tourists a year: survey
      348 8 MANILA Bat World Tourism Organisation sees rebonnd in 3 years AFP ASIA-Pacific tourist spots can wave goodbye to up to 12 million tourists annually over the next three years amid the regional economic crisis, a World Tourism Organisation official predicted
      AFP  -  348 words
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      737 7 ©Noble group limited (Incorporated in Bermuda with limited liability) Announcement of 1997 Results Year ended 31 December 1997 Noble Group Limited Providing Asia with tha raw materials nacassary for v toiioffi/c JfTOIVt/l The Board of Directors of Noble Group Limited present to you below the results of the company for
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      221 8 Hitachi Asia Pte. Ltd. is now Hitachi Asia Ltd. Change Signals Hitachi's Movement To Its Next Phase Of Growth. From 1 April 1998, Hitachi Asia Pte. Ltd. is officially renamed Hitachi Asia Ltd. to reflect its move from a private to a non-listed public company. The company s identity, in
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  • THE WORLD
    • Article
      Lock icon US consumer confidence slips, but no spending slowdown seen
      481 9 NEW YORK Survey reinforces other indicators signalling healthy growth: economist Bloomberg, Reuters US CONSUMER confidence slipped in March from a 29year high a month earlier, but nonetheless, Americans aren't expected to slow a spending spree that's driving the economy. The overall
      Bloomberg,; Reuters  -  481 words
    • Article
      Lock icon US govt to release first ever financial report card
      440 9 WASHINGTON Detailed audit will reveal accounts of govt and agencies Bloomberg THE US government was due to release yesterday its first comprehensive financial statement that conforms with accepted accounting standards, after operating for more than 200 years without having to jump
      Bloomberg  -  440 words
    • Article
      Lock icon UAE news blackout on troubled bank
      151 9 DUBAI AFP THE United Arab Emirates (UAE) has imposed a news blackout on affairs of the troubled Dubai Islamic Bank (DIB) which has suffered from large losses because of alleged fraud, newspapers reported yesterday. The general prosecutor, Ibrahim Abu Milha, issued a decision banning
      AFP  -  151 words
    • Article, Illustration
      Lock icon Marking the end of the communist era
      81 9 [MOSCOW] A waiter thrusting his knife into a huge cake shaped as a real-size replica of the body of Bolshevik leader Vladimir Lenin. Lenin's body lies in the marble mausoleum in the Red Square, and has been there since his death in 1924.
      REUTERS  -  81 words
    • Article
      Buba seen transferring gold to new Euro central bank
      287 9 BONN Bloomberg THE Bundesbank, which must provide about one-third of reserves of the new European Central Bank (ECB), may decide to transfer most of its share in gold, providing a windfall for the German budget, analysts said. Such a move would
      287 words
    • Article
      Lock icon Oil prices fall after Opec output accord
      455 9 VIENNA AFP, Bloomberg AN OPEC accord to cut production left doubts yesterday over whether members would keep their promise, and even if they did, whether the cuts are enough to drain oversupply. Ministers from the 11member Organisation of Petroleum Exporting Countries took more
      AFP,; Bloomberg  -  455 words
    • Article
      Lock icon IMF optimistic about world growth
      255 9 BRUSSELS Reuters BELGIAN Finance Minister Philippe Maystadt, chairman of the interim committee of the International Monetary Fund, said yesterday the IMF would paint a "cautiously optimistic" picture for world growth in its spring outlook, to be published this month. Speaking to journalists in Brussels, Mr
      Reuters  -  255 words
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      903 9 J llllk. ANA HOTEI-S SINGAPORE: LTD. (Incorporated in the Ftepub»c of Singapofe) The Directors announce the unaudited results of the Company tor the year ended 31 December 1997. 1997 1996 (Ss) (Ss) I (A) TURNOVER 34,011,100 36.880.500 778 (B) INTEREST INCOME 65,500 50.500 2970+ 2a OPERATING PROFIT before Income Tax
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  • EDITORIAL & OPINION
    • Article, Illustration
      Cash crops can help Indons through crisis
      735 10  -  THE BOTTOMLDVB OPINION By Shoeb Kagda The writer is a BT journalist INDONESIA seems to be getting something right; at the very least, it seems to have moved back from the precipice that threatened to hurtle the country down into an economic black
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      IN OTHER WORDS
      149 10 'You need to dance, but dance slowly.' Samel Berger, the US national security advisor, on thawing relations wttk Iran. 'We need to put some more gas into the tank. Our engine is burning a lot of it' -AadraMerien Transgene SA chairman, after shares in the biotechnology company
      149 words
    • Article
      Alarm bells from Japan
      632 10 EDITORIAL JAPANESE companies signed off their annual accounts yesterday and began a reporting season likely to ring alarm bells in stockmarkets and policy corridors throughout the region. The timing couldn't have been much worse: as the grim accounting is made in the weeks ahead of bottom
      632 words
    • Article, Illustration
      Lock icon Banks must suffer too
      1128 10  -  They lent recklessly and should bear their fair share of the lrarden of Asia's financial crisis By Vikram Khanna The writer is BT's regional economics editor ASIA'S crisis has already claimed many victims in the financial markets: equity players who had the misfortune to go long
      FILE PHOTO  -  1,128 words
    • Article
      WHAT THE OTHERS SAY
      803 10 OUSTED first prime minister of Cambodia Prince Ranariddh Sihanouk, now pardoned for his purported crimes, returned home to cheers from his dwindling supporters. Those cheers might well turn to tears before long if the subtle and not-so-subtle methods of the current Cambodian government, headed by strongman
      803 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      29 10 DOONESBUBY By Garry Trudeau c,.micHisiOHY\ GEP\( ihavba ou^\ F&UNGTHJRP-GM&fwn. rr*soiMK*aw\rii-\ TlON.vouknow 1| autof**,*** 2% slfirlS fm I JM, Amman* MUL g^i,in L memesiew] jWJT^ EM i TO \gs&rHuezj pHfe^s^i
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  • Page 11 Advertisements
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      322 11 Where to wine, dine and entertain... "~s *>> ppl kttp:// www. ana-hotels .com Not juat seafood either. Visit our home page and you can order tonight'* dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready to piclr up before you can say
      322 words
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      135 11 and Pak Kaler from Bali. I 93£ |SK*fls 89* 7 £HQ HPA ALA-CARTE A SET MENUS Tjt AVAILABLE FOR LUNCH AND DINNER M jnc i i All prices subject lo 10% service charge, cevs and GST. lo##y ItVU MOVE TO THE MOTION ENJOY THIS EXCITING 6 PIECE Fill PINO BAND
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      126 11 tt&tv mm at PAOLO J jUP I I PING'S PASSiONATTLY ITALIAN TASTtfOlir CHINESE L f grMtA £,»ptTi*T c,i*rk'l tFo« A I (fid erti mud I (MSafjl Superior Trnj^Al Shark's Fin Set \S^y| •BraiMd Superior Shark's On I With Crab Meet (served in daypot) I Special Salt-Baked King Prawns I For
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      Page 11 Advertisements Column 4
      223 11 Buy It. Sell It. Find It. Classified. fSI CATS.] Call Today For Results Tomorrow. 1800-737-1166 J W KEBAB N FIESTA A WIDE EXTENSIVE VARIETY AWAITS.... SUCCULENT CRAB SEEKH KEBABS POMFRET KOLIWADA TANDOORI OKRA PLUS SPECIALITIES PREPARED WITH YOUNG CHICKEN MUTTON. Prices range from e $14+** to $24*++ •••••••••••••••a ONLY FOR
      223 words
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      Page 11 Advertisements Column 5
      118 11 Mandarin Singapore Rifling Grand Cru Kirxbberg 1996, A f) Vineyard SnaiL 6 Fnglep with Beer 'lAisace^ We bring you the wine Iw' cuisine ot Alsace. OJwP 27 March 8 April Xls Bon Appetit! Sin«apore s Highest Please call 831 6258/9 lor reservations. »«i»>»ioof LELVCMD'Cfi KLIPfEL Xw lIIUUIANI haDta^lv ]g itil:
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      751 11 TV&RAPIO (See Our Choice). dhi. D%j f rp\r f LOO The Late Night Movie 730 Tamil Seithi (News) 2.30 PM TV Innovations. Whv Mp 6 (T) 1™ ri ldZ Bli o Z: A i f J aleS 235 Remington Steel. 8.00 Berita I'm B SrtSta Cer 3JO Three Stooges BJO
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    • Miscellaneous
      Page 11 Miscellaneous Column 2
      325 11 CRYPTIC CROSSWORD 1 Reactionary clique needed to I I l I pave the way H 5 An unemployed film star is given compensation (6) 9 I I I I I I I I 9 His headgear leaves collier 1 I I I I 1 111 without injury (8) |H[ Wm
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon The epic products of their times
      806 12  -  STEVE* D STARK finds a link between Titanic wad Gone with the Wind STEVEN D STARK LATWP WITH a record tying 11 Oscars and box-office receipts still pouring in, it's clear that Titanic is the blockbuster film epic of our age. As such, the
      LATWP  -  806 words
    • Article
      Lock icon Regrown blood vessels offer hope for heart cases
      563 12 MEDICINE New method can help patients who don't qualify for bypass surgery, angioplasty Reuters [ATLANTA] Researchers have successfully grown new blood vessels that supply a richer flow of blood to the hearts of patients who do not qualify for angioplasty or bypass
      Reuters  -  563 words
    • Article
      Lock icon A stent's the best after 80
      134 12 Reuters [ATLANTA] People over the age of 80 who have their clogged arteries opened by a coronary stent, or a tube of coiled steel mesh, benefit more and are less likely to require subsequent procedures, researchers said on Monday. Octogenarians who received stents were
      Reuters  -  134 words
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      1040 12 compact metol industries ltd I (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors wish to announce the unaudited results of the Group and the Company for the year ended 31st December 1997:GROUP COMPANY 11-1197 UJZ26 ±t 31.12.97 31.12.96 SS'OOO SS'OOO SS'OOO SS'OOO 1. (a) Turnover 130,848 92.782 41.1 47,233
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  • COMPANIES & MARKETS
    • Article
      Tat Lee, Keppel share-swap ratio
      360 13  -  By < Clarissa Tan [SINGAPORE] Tat Lee Bank shareholders will get seven new Keppel shares for every eight Tat Lee shares they own under the proposed merger of the two banks. The share-swap, which analysts consider a fair exchange, values each Tat Lee share at
      360 words
    • Article
      IPC earnings plunge 71% to one-tenth of forecast
      585 13  -  Failed German telecoms venture contribute to $81m extraordinary losses By Annette Pau [SINGAPORE] IPC Corp's 1997 net earnings plunged by 71 per cent to $3.9 million just one-tenth what analysts had forecast. And even that was wiped out by extraordinary losses of
      585 words
    • Article
      STIC comes in better than expected with $62m profit
      407 13  -  By. David Boey [SINGAPORE] Singapore Technologies Industrial Corporation saw its net earnings slip 6.5 per cent to $62.3 million last year, but the company has set a target of 15 per cent growth this year. For the year ended Dec 31,
      407 words
    • Article
      Temasek needs to shed mare light on its SingTel stake plan
      708 13  -  HOCK LOCK SIEW Conrad Raj shares of Singapore fell H jiast week on news that its parent Temasek Holdings was issuing $1 billion worth of bonds that are convertible into Sing Tel shares. It brought to mind what happened
      708 words
    • Article, Illustration
      Lock icon FJ Benjamin slips into red with $18m interim loss
      467 13  -  Fashion retailer badly hit by turmoil and haze By, Jenny Lam [SINGAPORE] Luxury fashion retailer FJ Benjamin plunged into the red at halftime with a hefty $18.54 million loss for the six-month period ended Dec 31, 1997. It posted a $5.5
      ARTHUR LEE  -  467 words
    • COMPANIES
      • Article
        SM Summit net down 28%; bonus proposed
        237 14  -  By Annette Pau [SINGAPORE] Compact disc maker SM Summit said net profit fell 28 per cent to $7.3 million for the year ended Dec 30, and proposed a one-for-two bonus share issue of 98.75 million new shares. Group turnover grew 16 per cent
        237 words
      • COMPANY Briefs
        • Article
          VDH group MD resigns
          82 14 [SINGAPORE] Michael Oxborrow, group managing director for Van der Horst, resigned with effect from yesterday. It said Mr Oxborrow's duties would be taken over by group executive chairman Johanes Kotjo, while Wee Boon Chye will oversee the group's service engineering division. Van der Horst also announced
          82 words
        • Article
          Li Xin IPO 44.5 times subscribed
          51 14 [SINGAPORE] The ma inboard initial public offer of plastics injection moulding company Li Xin Industries closed yesterday 44.5 times subscribed. Some 19,250 applications were received for the 7.4 million public offer shares priced at 29 cents each. Trading starts on a "when issued" basis
          51 words
        • Article
          Full acquisition of Pacific Internet
          105 14 [SINGAPORE] Following a restructuring exercise, Sembawang Corporation yesterday said wholly-owned Sembawang Media—which is held through Sembawang Ventures—has fttfly acquired Pacific Internet Pte Ltd (PIPL). Previously, PIPL was 75 per cent owned by SembMedia and 25 per cent by SIM Ventures. SIM has now transferred its
          105 words
        • Article
          Teledata gets EDB business HQ status
          34 14 [SINGAPORE] Teledata (Singapore) has been awarded the Economic Development Board's business headquarters status, which will boost its efforts at expanding overseas ventures and R&D activities, the company said.
          34 words
      • Article, Illustration
        Lock icon STII bound for range trading after roller coaster ride in Q1
        828 14  -  Market has yet to factor in slow GDP growth, earnings, fall impact of crisis By' Ven Sreenivasan AFTER plumbing new depths in January amid the regional currency turmoil, the Straits Times Industrials Index (STII) ended the first quarter of
        Compiled by BT  -  828 words
      • Article
        SingTel drops 3.7% on news of low-cost service, IDD rate cuts
        296 14  -  BELLWETHER SHIFTS Sharp foil of 11 cents to $2L84 comes after last week's 0% dive By 1 Teh Hooi Ling [SINGAPORE] Singapore Telecom shares slid 11 cents or 3.7 per cent yesterday, following an announcement on Monday that it
        296 words
      • Article
        No decision yet on share merger: SIA
        196 14 SINGAPORE Airlines Local shot to a year's high of $9.65 yesterday morning following rumours that the national carrier was going to announce the merger of its local and foreign tranches. SIA Foreign shares also rose briefly to $11.80 from Monday's $11.70 close but
        196 words
      • Article
        Berjaya's Roasters files for protection in US
        294 14  -  From Ruth Wong in Kuala Lumpur A UNIT of Malaysian-listed Berjaya Group Bhd, restaurant chain Roasters Corporation, has filed for Chapter 11 Reorganisation Protection in a US federal court as it is unable to sustain its operations after recurring losses over the past
        294 words
      • Article
        Provisions pull CAHB net down 32%
        324 14  -  By: Meera Tharmaratnam in Kuala Lumpur COMMERCE Asset Holding Bhd yesterday reported a net profit decline of 32 per cent to 180 million Malaysian ringgit (Ss79 million) for the year ended Dec 31, as it made substantial provisions for substandard loans. Earnings per share
        324 words
      • CORPORATE Results
        • Article
          Wong's Circuits profit up 35%
          155 14 [SINGAPORE] Hongkong-based Wong's Circuits Holdings has reported a 35.9 per cent gain in net earnings to $36 million for the full year to December 1997, on a turnover increase of 27.3 per cent to $214.77 million. Earnings per share based on existing issued share capital
          155 words
        • Article
          Ossia earnings down 21%
          70 14 [SINGAPORE] Ossia International has posted a 21.5 per cent fall in net profit to $6 million on a 15.2 per cent rise in turnover to $113 million. The company has declared a dividend of 0.6 of a cent, unchanged from the previous year. Earnings per share
          70 words
        • Article
          Lim Kah Ngam hit by interest cost
          123 14 [SINGAPORE] Construction, property and hotel group Lim Kah Ngam yesterday reported a net loss of $24.2 million for the year ended Dec 31 compared to a profit of $10.5 million previously. Contributing to the poor result at the operating level was an interest
          123 words
        • Article
          24% drop for ANA Hotels to $2.6m
          72 14 [SINGAPORE] ANA Hotels has reported a 24.5 per cent drop in net earnings to $2.9 million on a 7.8 million slide in sales to $34 million for the year ended Dec 31,1997. It has proposed a 2 per cent dividend, unchanged from the
          72 words
        • Article
          China start-up costs hit Berger profits
          114 14 [SINGAPORE] A squeeze on margins arising from increased competition and start-up costs at its China plants have put the brake on earnings for paint maker Berger International, which last night unveiled a full-year net profit of $1.72 million—down almost by a third from $2.51
          114 words
        • Article
          Nippecraft back in black
          103 14 [SINGAPORE] Following a year of restructuring, stationery maker Nippecraft yesterday reported net earnings of $1.6 million for the nine months ended Dec 31*. •< 1997, on a $60.3 million turnover. It returned to the black from a loss of about $8 million for the previous year
          103 words
        • Article
          Form Hldgs posts 30% earnings drop
          94 14 [SINGAPORE] Sesdaq-listed Form Holdings has reported a 30 per cent drop in group net earning to $1.68 million despite a 22 per cent rise in group turnover to $27.73 million for the year ended Dec 31,1997. The management attributed the lower profits to exports
          94 words
        • Article
          Lock icon Bakrie Sumatra sees 60b rupiah profit
          78 14 Reuters [JAKARTA] Bakrie Sumatra, one of Indonesia's largest plantation firms, yesterday said it expected this year's net profit to stand at around 60 billion rupiah (Ssll .2 million). "We expect this year's net profit to be around 60 billion rupiah," Bakrie's president director Hari
          Reuters  -  78 words
        • Article
          Lock icon ACF Holdings, Affin suspended
          85 14 AFX Asia [KUALA LUMPUR] ACF Holdings and Affin Holdings Bhd shares were suspended on the Kuala Lumpur Stock Exchange after they announced merger plans, an exchange official said. Affln has proposed to acquire a 33.6 per cent stake in ACF Holdings for 92.995 million Malaysian ringgit
          AFX Asia  -  85 words
        • Article
          43% earnings drop at S'pore Re
          55 14 [SINGAPORE] Singapore Reinsurance Corporation has reported a 43 per cent drop in group net profits to $6.8 million for 1997. Group turnover was $83.7 million, down 1.3 per cent from the previous year. The company declared a final dividend of 5 per cent, the
          55 words
        • Article
          RMCA Reinsurance reports interim loss
          62 14 [SINGAPORE] RMCA Reinsurance, which over four years ago announced a major plan to avert insolvency, last night announced a pre-tax loss of $600,000 for the half-year ended Dec 31,1997. During this period, the company made a writeback of $900,000 in bad debt provision. At end-December,
          62 words
        • Article
          $4.3m profit for Provisions Suppliers
          62 14 [SINGAPORE] Provisions Suppliers Corporation has reported a 35 per cent fall in group net profit to $4.3 million for 1997, due mainly to foreign exchange losses suffered by subsidiaries and an associated company operating in Malaysia. Turnover was flat at $154 million. The company declared
          62 words
        • Article
          National Kap loss widens to $6.6m
          90 14 [SINGAPORE] National Rap's group net loss widened to $6.59 million last year from $4.63 million in 1996, hurt by the disposal of its Wuxi subsidiary and depressed market conditions arising from weak demand and felling prices as the downturn in global electronics continued throughout
          90 words
    • REGIONAL COMPANIES
      • Article
        Market has discounted latest round of poor earnings: analysts
        661 15  -  Qualitative factors will matter more in stock picking for next few months, they say By] R Sivanithy [SINGAPORE] Although the recently-concluded earnings reporting season produced mainly disappointing numbers, most analysts believe that the market had already expected this, and that current
        661 words
      • Article
        Lock icon Gudang Garam profit jumps 38% to new record
        392 15 Reuters (JAKARTA] Indonesia's largest cigarette company, PT Gudang Garam, posted record results for 1997 yesterday despite the nation's economic crisis. Analysts said Gudang Garam's good performance was mainly because of an increase in sides, a price rise in 1997 and lower total
        Reuters  -  392 words
      • Article
        Lock icon Yaohan Int'l may have to liquidate
        386 15 Financially troubled group can't go on without new capital AFP [HONGKONG] Yaohan International Holdings Ltd may be forced into liquidation if no new capital is injected into the financially troubled firm, the company said yesterday. "The directors of the company believe the group has
        AFP  -  386 words
      • Article, Illustration
        Lock icon Smile, you're on Canon's camera
        74 15 [TOK YO] Canon employee Kyoko Arimura shows off the camera maker's new digital camera Power Shot A 5, the world's smallest and lightest digital camera within the XGA-class category at Canon's headquarters in Tokyo yesterday. The Power Shot A 5, measuring 10.3 cm wide, 6.Bcm
        AFP  -  74 words
      • Article
        Lock icon HK Telecom gives up exclusive rights
        201 15 AFP [HONGKONG! Hongkong Telecommunications Ltd yesterday surrendered its exclusive international licence more than eight years ahead of schedule, officials said. The Hongkong government will pay Hongkong Telecom HKS6.7 billion (Ssl.4 billion) in compensation for giving up the rights before the previously agreed date of
        AFP  -  201 words
      • Article
        Lock icon Public Bank net falls 88% to RM25m in second half
        202 15 Bloomberg [KUALA LUMPUR] Public Bank Bhd said second-half profit plunged 88 per cent as its brokerage lost money and it set more aside for bad loans. The Malaysian banking group said profit tumbled to 25 million Malaysian ringgit (Sill million)
        Bloomberg  -  202 words
      • Article
        Lock icon New World, UK group win bus franchise
        222 15 Bloomberg [HONGKONG] A consortium led by Hongkong's New World Group and the UK's First Group pic won a HK$l billion (*****.2 million) franchise to run buses on Hongkong island, the government said yesterday. The consortium beat five other contenders, including some of Hongkong's
        Bloomberg  -  222 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Bell Atlantic to spend US$1.5b on upgrade
        145 16 Bloomberg [NEW YORKJ Bell Atlantic said it awarded about US$l.5 billion (552.4 billion) in fiveyear contracts to upgrade its phone network so it can carry more traffic at faster speeds and offer advanced services. Lucent Technologies, Fujitsu Network Communications, Tellabs, DSC Communications and
        Bloomberg  -  145 words
      • Article
        Lock icon Alcatel sues Motorola in US over mobile phone patents
        325 16 WSJ report says Motorola about to restructure to re-align businesses Bloomberg, Reuters. [WILMINGTON, Delaware] Two units of Alcatel Alsthom, a French telecommunications conglomerate, have sued Motorola Inc, alleging misappropriation of patented mobile radio technology. Schaumburg, Illinoisbased Motorola makes and markets advanced
        Bloomberg,; Reuters.  -  325 words
      • Article
        Lock icon Quaker Oats CEO gets US$83m in stock, options
        206 16 Bloomberg [CHICAGO! Quaker Oats Co chairman and chief executive Robert Morrison received options and stock that may be worth US$B2.B million (*****.7 million) for his first year at the helm of the cereal and drinks company. Mr Morrison, 55, received 119,000 restricted
        Bloomberg  -  206 words
      • Article, Illustration
        Lock icon Sony to combine Columbia and Tristar divisions
        383 16 It will also increase production to 20-24 films a year Bloomberg [CULVER CITY, California] Sony Corp said it will combine Columbia Pictures and TriStar Pictures into one movie production unit, bringing together the studios it bought in 1969 to help it cut costs
        Bloomberg; FILE PHOTO  -  383 words
      • Article
        Lock icon Intel's low-cost chip loses out in speed tests: PC World
        346 16 Magazine runs trials on pre-production system Reuters [SAN FRANCISCO] A new, much-anticipated chip developed by Intel aimed at the sub-USsl,ooo PC market is not as fast running applications as its clone competitors, according to tests performed by PC World magazine.
        Reuters  -  346 words
      • Article
        Lock icon Mobil sued over oil spill in Utah river
        142 16 Bloomberg [SAN FRANCISCO] Mobil Corp was sued by the US government and faces as much as US$5 million (SsB million) in fines because of allegations that it spilled more than 4.54 million litres of oil and contaminated water into a river that
        Bloomberg  -  142 words
      • Article, Illustration
        Lock icon Wide range of estimates for Big Four's '98 profits
        680 18  -  BAMXmO Forecasts range from -10% to 45% growth as analysts differ on provisions By I Siow Li Sen [SINGAPORE] With the end of the reporting season, the regional turmoil has also lost its volatility. Still, estimates on 1998 earnings and prospects
        FILE PHOTO  -  680 words
      • Article, Illustration
        Lock icon Uncertainty over provisions makes analysts' jobs tough
        685 18  -  PROPERTY Projections vary widely within the broking community By. Diana Oon [SINGAPORE] With property supply, demand and prices in disarray, 1998 will be one of the most challenging ever for property analysts. "Forecast earnings for the next two years will be totally out
        FILE PHOTO  -  685 words
      • Article
        BT's 1997 corporate earnings review
        5079 18  -  Full-year ranking of Singapore-listed companies compiled by Julie WeeandAlijah Tahar Julie Wee, Alijah Tahar RANK COMPANY MKT YEAR —EARMNGS (S$m) —TURNOVW (S$m) —EPS(«) NTA(S$) ROE(%) 1997 1996 END 1987 1996 %CHG 1997 1996 %CH6 1997 1966 %CHG 1997 1907 MB 1 SingTel M Mar 97
        5,079 words
      • Article, Illustration
        Lock icon Good stock picks still to be found
        568 19  -  1 ELECTRONICS Sector's mixed results in 1997 likely to persist this year By, Jennifer Lien [SINGAPORE] The electronics outlook this year may be gloomy but the sector still offers good stock picks with strong earnings prospects. This was the consensus of electronics analysts
        FILE PHOTO  -  568 words
    • FINANCE & COMMODITIES
      • Article
        More life insurers to cut bonus rates for policies
        358 20  -  Association cites lower investment retains, poor outlook By Soh Tiang Keng [SINGAPOREJ The Life Insurance Association yesterday warned that more of its members would be cutting bonus rates for insurance policies. It said that life insurance companies "might have to revise
        358 words
      • Article
        Citibank launches flagship diversified unit trust
        320 20  -  Investors can choose from 3 snb-fnnds in CitiSelect Funds By\ Shiv Taneja [SINGAPORE] Citibank yesterday launched its flagship unit trust the globally diversified CitiSelect Funds, which the bank says has met with considerable success in several markets. The Singapore-dollar denominated CitiSelect Funds is a
        320 words
      • Article
        Quotation Of Singapore Government Stocks (Mar 31,'98)
        301 20 NDtCATM i Mm NUMMfi mcole PMCES HAW W —S »HS sS WL98 Loan 1 1978 61/4* 134.67 15/4 15/10 167 lOOOb* 6.08* N*****QA 1993 3 1030.00 1/7 1/1 89 *****# 1.80# N*****1X 1996 MB *****0 t# Vl J f 1.64# Loan 2 1978
        301 words
      • Article
        Lock icon ANZ Bank switching to new accounting rules
        271 20 Bloomberg [SYDNEY] Australia and New Zealand Banking Group Ltd said it will adopt new accounting rules for its profit to bring it into line with Australia's three other major banks. The Melbourne-based bank said it will use a different tax treatment for its
        Bloomberg  -  271 words
      • Article
        Lock icon Year 2000 bug: Chase to spend US$300m
        154 20 Bloomberg [NEW YORK] Chase Manhattan Corp said it will spend US$3OO million (***** million) to modify its computer systems to understand dates after 1999. The country's largest bank revised its original estimate from US$25O million for testing and to speed up some system
        Bloomberg  -  154 words
      • Article
        Lock icon Euroyen and JGBs steady
        218 20 SOKELReport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures steadied yesterday after the Nikkei ended off its highs and the yen fell. Dealers said all eyes were on choppy Nikkei action ahead of the close of the Japanese fiscal year. "During the last half
        Reuters  -  218 words
      • Article
        Earnings worries send futures down
        167 20  -  MSGtTAIWIMFDTUBBS Charlie Kuo Charlie Kuo, service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures declined on concerns that corporate profits won't justify the recent rally in share prices, especially those of the electronics companies. The new lead April contract dived
        167 words
      • Article
        Lock icon Iraq to export as much oil as it can
        294 20 ENERGY REPORT Reuters [BAGHDAD] Iraq said yesterday that it would use its maximum capacity to export oU to meet an extension of its "oU-for-food" deal with the United Nations. Iraq's Trade Minister Mohammed Mehdi Saleh also told reporters the money allocated
        Reuters  -  294 words
      • Article
        Lock icon CURRENCY REPORT
        285 20 Reuters, AFX-Asia London STERLING eased marginally from its earlier historic high against the mark ahead of Chancellor of the Exchequer Gordon Brown's appearance in front of the Treasury Select Committee yesterday, but remained sharply up on the day, dealers said. Sterling had earlier traded up to a new
        Reuters,; AFX-Asia  -  285 words
      • Article, Illustration
        Untitled
        1178 20 DfTERBAKK CROSS RATES Marsi M C$ CCM fir tm m WhNWi Yw n HSNtH Nw s$ IK Sir wn MM w 0 940 4.171 0.615 4.097 1223 5.122 26.102 57.003 0.801 9.153 2.422 *****9245 ***** 1.061 3.326 1007 ***** ***** 0 395 0461. Cm* 1064 5.638 0455 4359 1301 5.450
        1,178 words
    • Article
      COMMODITY PRICES
      1685 21 BOOM FUTUIiBS \tar3i EWES (Www dwhq w «t $J0»e) ISS 1 CONTRACTUS cnbfa) CtOM Vohmo Opto Mwtt Wf* low Sott (towm) Iwtorort i&oo 400 Hoy 96 114.50 114.50 <16.50 650 2250 JMM 119.75 3150 Jai/S* 9t 126.25 4995 Od/Doc 90 132.50 132.50 132.50 75 4950 iM/Mw 99 137.25
      1,685 words
    • Article
      WORLD STOCK MARKETS
      2226 21 LONDON tSHHHHI >Mr3i n«i *A 31 Group 597.400 12.400 AS Ports 378.000 5.000 Abbey Notional 1166.500 9.S00 A Mod Oomecq 586.400 1.000 Amec 159.000 4.000 Asda Group 202.000 6.800 BAT tod 605.000 -5.400 BG Pie 309.000 1.000 8ICC 148.000 unci) BOC Group 966.400 -15.600 BR Petr oleum
      2,226 words
    • Article
      Lock icon TOKYO
      1635 21 Bloomberg Nikkei 225 ****** JAPANESE stocks rose, led by exporters such as Toyota Motor Corp, as the government bought shares as part of an unsuccessful bid to boost the benchmark index to 18,000 by the end of the business year yesterday. "Public funds are propping up the blue chips,
      Bloomberg  -  1,635 words
    • Article, Illustration
      Lock icon HONGKONG
      1515 22 Reuters P Hang Seng *14J2 HONGKONG stocks closed a touch firmer yesterday as investors waited in the wings for fresh guidance from overseas markets, brokers said. The Hang Seng Index gained 14.92 points, or 0.13 per cent, to end at 11,518.68. Turnover was moderate. "It is very much because
      Reuters  -  1,515 words
    • Article, Illustration
      Lock icon CHINA
      581 22 Reuters CI Shenzhen B Index -LB3 SHENZHEN'S B Share Index closed down yesterday due to worries over a spate of 1997 final results to be released by the end of April, analysts said. The hard currency B Share Index slumped 1.83 points, or 1.93 per cent, to 93.10 on
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  581 words
    • Article
      Lock icon TAIPEI
      350 22 AFP HwPMm *220 THE Taiwan stock market inched up slightly yesterday as most investors stayed on the sidelines amid a consolidation, dealers said. 'The Taiwan market followed in the footsteps of Wall Street with a consolidation," said Peter Chang of Polaris Securities Co Ltd. Institutional investors were mapping strategies
      AFP  -  350 words
    • Article, Illustration
      Lock icon BANGKOK
      795 22 AFP P SET Index -6J6 THAI share prices closed 1.3 per cent lower yesterday after tumbling sharply on the unveiling of tighter new banking regulations and an unwelcome ratings downgrade for Thai banks, dealers said. "While everybody has been waiting for some time for the announcement, it still had
      AFP  -  795 words
    • Article
      Lock icon MANILA
      327 22 AFP □lUniU -3&38 PHILIPPINE share prices closed 1.6 per cent lower yesterday as the market took its cues from abroad ahead of the Lenten holidays. The Philippine Stock Exchange Index shed 35.38 points to 2,238.42. Turnover plunged to 783 million shares worth 1.3 billion pesos compared to 1.4 billion
      AFP  -  327 words
    • Article
      Lock icon SEOUL
      400 22 AFP POwnpoßtelaig -L2> SHARE prices closed 0.3 per cent lower on the Korea Stock Exchange yesterday, giving up early modest gains, dealers said. The market opened firmer after Monday's financial reform package but foreign investors were quiet, and Moody's Investors Services' confirmation of the country's ratings had little positive
      AFP  -  400 words
    • Article
      Lock icon SYDNEY
      589 22 AFP QinOrfaahM +12 SHARES made marginal gains yesterday as offshore investors deserted the local bourse, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, gained 3.2 points to 2,744.2 points. The All Industrials Index rose 6.2 points to 4,702.0 while the All Resources Index was 0.7
      AFP  -  589 words
    • Article
      Lock icon WELLINGTON
      257 22 AFP n Wellington -15J5 CONTINUED worries about rising interest rates yesterday saw the New Zealand Stock Exchange close down 0.7 per cent, dealers said. "It was -20 points this morning but closed down 15," said Nigel Scott at ABN Amro. The NZSE-40 Index lost 15.15 points to 2,287.97 on
      AFP  -  257 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8464 23 M0U8THAU Cmsmw prefects 1998 Lett Yoi Day Mat Cap MH> Lew Cinn tale -000 N>f» Law PfW. $m* 310 ISO A|lnomoto 270 14.9 109.4 148 73 Angkase 11* 2 13 119 114 2.7 174.0 290 123 ApoNa Food Htg 212 6-2 S4.S 388 190 BorjayaLand 37S 4 250 378 37«
        8,464 words
      • Article, Illustration
        Lock icon Shares down on rate hike fears
        322 23 AFP d Composite Index -144 MALAYSIA'S key stock index closed 0.5 per cent lower yesterday in thin trade on fears of possible interest rate hikes and further tightening of liquidity. "Rumours of possible interest rate hikes and further tightening of liquidity is rife in
        AFP  -  322 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3487 24 1ttT/t6 Last Val Day laat Quata *»1 Hfh La* Hm Cwgg Sato *ar- room High Law Bwyar *a«tor M m 3000 m AMDS c55%*****6 18 •1 3160 *Acar ******1 US$ 15 -0.5 21 15 143 14.5 16 131 8.5 3164 Acma ******4 28 -2 50 28.5 28 28 30 30
        3,487 words
      • Article
        Acer warrant worth looking at
        194 24  -  WARRANT WATCH By R Sivanithy MOST of the stocks in the local market have already bounced off their 52-week lows and in many cases particularly in the Malaysian market some of these gains are as high as 50-70 per cent in a few months. In
        194 words
    • Article
      CLOB INTERNATIONAL
      2108 24 Transaction date Mar 31 j ■■(■■pe-amE^FaBamme^ssKsmimaBeeeiia tr «r tnr/M Last Vol Day Last Quota Mv Mr YM Mat M Cap MH» Law Una Cimpny Salt *h C0001 HN» Lai Buyor M» Cw M >— 47S 28 m I 5000 AIS8 50c 96 inch 470 99 95 96 96.5
      2,108 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6326 25 Transaction date: M.u 31 I Cr Or ftfl Wt 1997/98 LMt Vat Day Laat Ouot* Otv Di* VM MM Cap Avg MN> Law 8M» Cimpiay $m fOOO) H>j» Law 8»yar 1—«r CV >/l $3 WM 157 18.5 1020 ACE Dynamlcs60c.... 34.5 -0.5 17 36.5
      6,326 words
    • Article
      SESDAQ
      1106 25 Qf Qf H yyf 1997/M Last Vd Dm LMt Ourtt Dtv Mv YM Met a m m %m C—u* COOP) »ffc L-r —ye kHr Cw >— Prto? 18* 7* 2000 AMHUqiSc M susp 3.0 6.0 0.1 1*5.7 51.6 115 448 7* 0 2049 AS Auto lOc 200 »1 257
      1,106 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        208 26 Stocks V> •Berjaya Group 11,339,000 •Renong BM 50c n.233,000 Easyknit HKKk 10,934,000 •M Resowccs 8,508,000 *Rekapacifk Bh 7,445,000 •MBf Capital 6,732,000 Uniphoenix 6,063,000 SingTel 15c 5,698,000 Wing Tai 25c 4,759,000 DBS Land 4,404,000 Stocks SIA Foreign 18,108,723 SingTel 15c 16.573.953 DBS Foreign 15,456,220 SIA M,757,400 SPM 14,021,948 City Dew 50c
        208 words
      • Article, Illustration
        HOT STOCK
        56 26  -  by Shiv Taneja SESDAO-listed Twinwood Engineering dosed unchanged yesterday at 21 cents on volume of 2.15 million shares, compared with its 10-day traded average (A 580,400 shares. This stock is likely to trade sideways with possible upward bias in the near term. However, the upside is limited according
        56 words
      • Article, Illustration
        Property stocks weak on CityDev's profit fall
        608 26  -  STOCK MARKET COKMBMTABY Investors also responded to SingTel's announcement of up to 26% cut in international rates By R Sivanithy [SINGAPORE] The local stock market retreated yet again yesterday because there was no boost from the corporate earnings front nor from the currency
        608 words
      • ON THE GRAPEVINE
        • Article
          Self-selling seminar
          70 26 WE HAVE Just received a flyer in the mail for a "Strategic Consumer Debt Collection and Recovery" seminar that is to be held in Singapore in May. The way things have gone in the region this past year, we reckon that this is one seminar that will be
          70 words
        • Article
          Sold out
          87 26 ITS a sign of the times. Coopers Lybrand, which held a seminar on Thai Bankruptcy Law yesterday, had to quickly switch to a bigger room at the Sheraton Towers after receiving an overwhelming response. Attending were representatives from the local banks, Japanese banks and other merchant banks. The
          87 words
        • Article
          Bond, Chen Bond
          101 26 WE'RE quite sure there's nothing sinister about this, but a certain SPY Travel Network has tied up with Citic Travel Co of China to tap the Chinese outbound and domestic tourism market In an agreement that will be formalised tomorrow here, the pact calls for the setting
          101 words
        • Article
          Resorts to buy Star Cruises?
          114 26 STAR Cruises, which was started by Malaysian casino king Lim Goh Tong of Genting Bhd, appears to be sailing aimlessly when it comes to its shareholding structure. The business is now expected to come under the control of listed Resorts World Bhd, the casino arm
          114 words
        • Article
          POSBank
          95 26 FOR those looking for hints as to whether POSBank will be merged with one of the other local banks, or remain as a true national savings bank for the masses, its latest savings programme must surely be a clue. The national savings bank announced on Monday an aggressive scheme
          95 words
        • Article
          That BOY, my son
          56 26 CREATIVE Technology's boss Sim Wong Hoo brought his mother to the Singapore Business Awards dinner last Friday. The little lady sat at what appeared to be a table of three generations of the Sim family, clapping proudly when her son went on stage to receive his
          56 words
        • Article
          Axed over X-mail
          83 26 MIXING business with pleasure has cost two American stockbroking analysts their jobs. A Bloomberg report from New York yesterday said Salomon Smith Barney Inc flred two employees last Friday for sending pornography through the firm's electronic mail system. While the firm's spokesman declined to name the employees
          83 words
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      10 13 100-oeat Jet must be commercially viable, Shipping Times Pg 18
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      113 13 A company's strength lies in the Backbone of its staff. ">• m m v Dauphin has the practical and suit individual needs. For more i aesthetic answer to a major prob- healthy posture, added comfort lem for the purchasing depart- and increased productivity! mentl The Beta FB 6330 ex ecu-
      113 words
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      150 16 At Year 2,^ We are number BfliTi I lilili] 11L T J fißHililV/il >1 HtlYfl KM I iki ■SiTM Six New Programmes to Meet Your Motoring Aspirations |H|HH|P^HH 1. Thrifty Easi-Rent 2. Thrifty Easi-Lease Thrifty Easi-Option 4. Thrifty Easi-lndividuai 5. Thrifty Easi-Executive 6. Thrifty Easi-Fieet M HsH|^H For more information,
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      65 16 U551,000,000,000 Caiase Centrale du Credit Immobilier de France 3CIF Floating Rate Notes due 2004 For the period from March 30, 1998 to June 30, 1998. the Notes will carry an interest rate of 5.7375% per annum with an interest amount of U*****.63 per US$lO,OOO Note and of U551.***** per US$lOO,OOO
      65 words
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      1489 17 Singapore Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD Pncorporated in the Republic of Singapore) Unaudited Full Year Financial Statement and Dividend Announcement The Board of Directors of Singapore Technologies Industrial Corporation Ltd is pleased to announce the following unaudited results of the Group and Company for the year ended 31
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      146 19 TheßusinessTimes I PREMIERES I fl THE NIW FRAGRANCE DESIQNED FOR MEN AND WOMEN I Get to know The Business Times and win Bvtgari Parfums products. All entries would be I eligible for the grand draw in April and lucky winners will walk away with $2,000 worth of I Bvlgari Parfums
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      96 20 THE SAMEYEH COLLECTION Mr Nicholas Burrows Consultant of The SH Sameyeh Collection will introduce at Asian Civilisations Museum 39 Armenian Street on Thursday 2 April '98 at 7.30 p.m. 4 A Slide Preview of Museum level Persian and Iranian Carpets, Ottoman/Turkish and Central Asian Carpets catalogued for inclusion in the
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      10 20 business/ KferoicesJ^iro€luct^ The Straits Times Classified Classifications 201-266 VSLr -aar
      10 words
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      161 22 If only everything in life was as relaible as a Volkswagen Hie Jakarta stock market was closed yesterday SC»;o U>spm > I3H «-<Jr (COS y lt mot*}. fj." ovA r n mncftst* mm U|» Ui »uu> »>« wa *»n i drive you forward COM: HPQ f t*v> fup" 1 5
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      85 23 KIA A M ,^'Jt Corporate celebrations are opportunities to fcTy have a total corr,mun,catlon approach in enhancr^tFd/ ing your company profile to your business y to uMWf associates and customers. It may be a grand opening, launching ceremony, company anniversary» 150 certification, ground-breaking ceremon V or a topping-out ceremony It's
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      33 24 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at I Shenton Way 268 Orchard Road 21 Jurong East St 13 www.citibank.com.sg
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      185 26 r m 't T y p /■pWf I '^|HBHk>*4 mflk <thX r A*** "v r-ffc. *«pw* iIPL Pf Hflr A W X I m| dflj V If BR 9 t Rs_>bb tB BU? J I W l>,u BL I U| 1 R K v «^^lfe^lta>lfc*-v -"2?li I i IK -~A_*=-
      185 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      293 27 Bridge News, Reuters PANAMAX and Handysize activity was minimal in a typically sluggish start to the week. There was a little more trade reported in the capesizes although most of the details were sketchy and rates remained at weak levels. A weaker tone for the Panamax sector encouraged
      Bridge News,; Reuters  -  293 words
    • Article
      MARITIME STOCKS
      267 27 wmmmmmmmm M It Pal an OMrftuUon 0.735 -0.015 Chum Hup 0.53 -0.01 49 Cosco Irwottmant 0.76 *0.005 19 FraMitUnta 0.34 unch 150 Oilaldhm 0.35 HaiSunHup 0.64 *0.025 94 HKacNZawn 0.765 -0.025 577 IMCHoMbl* HK 5.60 Jaya Holdings 0.565 -0.035 21 Jurong Shipyard 6.40 *0.25 249 KappaiCarp 486 -0.00
      267 words
    • Article, Illustration
      Lock icon Third global grouping, United Alliance, emerges
      521 27  -  Members comprise South Korea's H&qjiii, the Tricon Alliance and UASC By\ Felix Chan [SINGAPORE] First there was the Grand and Global Alliances, then came the restructured Grand and the New World Alliance with the game of musical chairs being played out by the shipping
      FILE PHOTO  -  521 words
    • Article
      Cooperate as well as compete, ports urged
      440 27  -  Port operators should not start rate wars, says Dubai port official By\ Felix Chan [SINGAPORE] Ports in the region, whilst competing against one another, should not be oblivious to opportunities to cooperate for the knowledge and efficiencies which they bring to terminal and
      440 words
    • Article
      Why must ITF flagship be a British-registered one?
      732 27  -  STRAIT TALK By\ Seafarer PEW people within the shipping and wider transport industries will be unfamiliar with the International Transport Workers Federation (ITF). And most will have quite clear-cut views, for or against, on the London-based organisation which represents over 500 transport
      732 words
    • Article, Illustration
      Keppel completing conversion job for Norwegian group
      180 27 [SINGAPORE] Keppel Shipyard is nearing completion of another tanker conversion job for Norway's Nortrans Offshore and Fred Olsen Production. The Singapore yard, which has been building up a good track record for floating production storage and offloading (FPSO) and floating storage and offloading
      180 words
    • Article
      HK marine dept holds career seminar to attract students
      251 27  -  From David Taylor in Hongkong CONCERN over maritime staff shortages affecting Hongkong's position as a maritime trading hub prompted the Marine Department to organise a seminar on Maritime Education, Training and Career Opportunities, recently. It was organised to give school career
      251 words
    • Article, Illustration
      Lock icon Yards show their strength
      1107 28  -  JAPANESE SHIPBUILDING But can the industry keep up its strong performance if the region remains mired in crisis for another two years? By i Charles Smith Maritime Asia THE Asian crisis has forced many industries in the region to scrap sales and earnings forecasts for the
      Maritime Asia  -  1,107 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      352 28 PACE Ethiopian 6 ANL 3 E*wgreen 6 Accord 8 F te W Ahrenkiel M FoongSun 8 Appenship 5 Fro< '5 Asia OCL 15 Frt Links 16 Astro 3 Clink 4 Austral 9 Gemartrans 8 Avant 16 Genshpg 9 B'tangMas 8 GtoryNav 16 8SA
      352 words
    • Article
      SHIPPING GUIDE
      15288 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telepfione ETA ETA Advertiser V«l* Voyage Telephone Sin Dest'n Name Nam* Number Number SIN Dest'n Nam* Nam* Number Number a To BRISBANE (BNE) 2058 Queensland, Australia To ABIDJAN (ABJ) 2003 02/04 i*/04 msc Agy msc Singapore ooia 45-3252*50 Ivory Coast,
      15,288 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        786 43 Vwsrt Voy Mo Sftii Arrtvot Dofrtiro Jrai Part Asm Eigrtss 65 JO* KwgiiBi 0104/0700 laMkm V002 J13 atongsM 02.04/2300 M AfrizM MM31 J01 llugiill 3103/1800 Bt Amu lar *****8 J01 ll**|li8l 3103/800 H 1*5 55 *****8 J01 lM|il8l 3103/2359 HPHN07M *****8 J01 taMliBl 310V2300 M M| J *****8
        786 words
      • Article
        CONTAINER SCHEDULES
        1585 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Boofcftnf/BtUnct SMp Voy Mo Ettfttr Nrtod frw To Frew MM 009 0V2000 It JVHOO MMM MM jvhoo iv»w jvnoo U JVTTOO ovout ovowo AciU* oon OVUM U WW MM IWW JVHOO HfHI NM I* MTTM MM MM II JVTTOO OVO*i»
        1,585 words
      • Article
        GLOBAL HOLIDAYS
        202 43 Apr* Hong Kong: Chlng Ming Festival. Apr 7 Brunei: Harl Raya Haji. Malaysia: Harl Raya Ha)iApr* Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr 10 Australia: Good Friday. Canada: Good Friday. Denmark: Good Friday. Finland: Good Friday. Germany: Good Friday. Hong Kong: Good Friday. Indonesia: Good Friday. Ireland Republic
        202 words
      • Article
        COCKETT BUNKER MARKET REPORT
        884 43 THIS report, compiled by Cockett Marine OU Ud. shows price ranges In US dollar* Instead of single prices tor a mora comprehensive description of the market Prices shown are baaad on average-atsed stem Market movements are Indicated. The Cockett Bunker Price Index change and the Individual
        884 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        343 43 Cartas IN Mm WIS 2 0 17.4 OJl 0 .09 Mar2ft toatitr Mat* Mftw AM UhWh li—it NftakawCZS 12 2 10 0 in am m» o j H4 ojm 30 0.02 ta MO MM 992J 0.9 19J 0.13 M 0.0ft M*r» %MW »M/M MM rnt—i 1
        343 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        100-seat jet must be commercially viable: SingTech
        474 44  -  Responsibility rests with European, Chinese partners, since S'pore has only 15% stake in project By\ Lu Ning [SINGAPORE] A senior official of Singapore Technologies said yesterday that although his company still thinks that the 100-seat regional jet project is viable, its European and
        474 words
      • Article, Illustration
        Lock icon BA reaches deal with cabin crew
        207 44 Bloomberg [LONDON] British Airways pic said its 14,000 flight attendants accepted a two-year pay agreement, signalling an end to a dispute with some cabin crew that led to a costly strike last summer. Europe's largest airline said cabin orew accepted a 4.2 per cent
        Bloomberg; FILE PHOTO  -  207 words
      • Article
        Lock icon South African Airways' privatisation hits snag
        152 44 Reuters [JOHANNESBURG] The planned privatisation of South African Airways suffered a minor hitch when the government said it had delayed a deadline to corporatise the flag carrier, but it added the sell-off was still on track. SAA was to have been turned into a
        Reuters  -  152 words
      • Article, Illustration
        Lock icon New HK airport rail terminal shapes up
        61 44 [HONGKONG] Cranes and other heavy equipment move beside Airport Railway terminal at Hongkong's downtown central district. The USS2O-billion (SS32 billion) Chek Lap Kok airport, billed as the region 's future travel hub, will open in July, a delay of more than two months
        REUTERS  -  61 words
      • Article
        Lock icon BA-AA alliance open to public comment
        259 44 Bloomberg [WASHINGTON] American Airlines' proposed alliance with British Airways will be open to public comment until June 10 at the US Transportation Department. The proposal by the two carriers has drawn fire from US carriers who argue the alliance will crowd out competitors on
        Bloomberg  -  259 words
      • Article
        Lock icon China to open airports to foreign investors late this year
        185 44 AFX-Asia [BEIJING] China is set to introduce shared ownership and joint Chinese-foreign management into its airports in hopes of revitalising the heavily debt-ridden industry, the official Xinhua news agency reported. Xia Xinghua, a senior official with the Civil Aviation Administration
        AFX-Asia  -  185 words
      • Article
        Lock icon Emirates to take over control of Air Lanka
        233 44 Reuters [COLOMBO] Sri Lanka has signed a deal with Emirates under which the Dubai-based airline will take over management control of the national carrier Air Lanka, senior government sources said yesterday. "The deal has been signed," the sources said, adding that Emirates
        Reuters  -  233 words
      • Article
        Lock icon Garuda requests talks on lease of 6 Airbuses
        153 44 AFP [JAKARTA] Indonesia's Garuda Airlines yesterday requested talks as soon as possible on the conditions of its lease of six Airbus A3OO aircraft, sources here said. In a letter addressed to the banking consortium which finances the US$63O million (Ssl billion) lease,
        AFP  -  153 words
      • Article
        Lock icon Five European airlines form new alliance
        288 44 Member Swissair to bay 20% of Portuguese airline TAP AFP [ZURICH] Swissair, with its allies Sabena of Belgium and Austrian Airlines, extended the reach of a new European alliance by announcing that it would acquire 20 per cent of Portuguese airline TAP. Swissair had
        AFP  -  288 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1636 44 cm FIKWT CU FU6H7 CTP kUtm S0230 WO 1310 ¥***** 0905 twIHM K1845 0450 IlUt 2300 ***** 1,40 SO 76 1105 S0327 0755 $024 2320 I— 1,740 m K1837 1455 WM *813 mo MI894 0735 ImcUmt K242M 2050 N***** 2045 ***** 840 ***** S02M 2050 $0205
        1,636 words
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      23 27 Japanese shipyards show their strength But can the industry keep up its strong performance if the region remains mired in crisis. Page 2
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      119 27 100-seat jet most be commercially viable: Sing Tech Responsibility rests with European, Chinese partners, since S'pore has only 15% stake in project Book Page Visit us at: BOAT ASIA^ One World. (A P ni 2 -5) A nL Hall 4, Booth 4NOI One rnone. World Trade Centre Nera World Phone.
      119 words
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      1047 28 EZ NORTH AMERICA 1 1 EXPORT I I OTHER DESTINATIONS I WT now ua mi hou o« irr ■cocoon I vot |mi |-"t-m" j rnvvMW j ;to ■rrwj!_yriTitiiM mruul!o OOQMMU MB 14 iT/04 11/ M 17/ M 11/N 11/ M H/M M/M B/M R JJifSSL !i£? M/M OOaWUM *****5 M/M
      1,047 words
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      636 28 o Lines 4 services reoresented ffjSl-) Mernb e r s of the Registry of Accredited Shipomg Agents Smgapore Shipping Association Members of the s^a o o»fi^ußy»»a« Send out 48,000 Place an ad in... SHIPPINGTnVFKR Just talk to us^ Iris Dm 740 2044 Jarrod Leong 740 2089 EXPOirr 3 ipon 2
      636 words
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      983 29 TO EUROPE FROM EUROPE *S» VOY SM ITM AM HAM HV SOU fXT IfH IjvfSSa VOY ITM AM HAM MV SOU FXT IU ST AFI AUAANDM SIM W/04 25/04 n/04 23/04 20/04 ACAMUD till 14/0311/03 12/03 09/03 02/04 ■MS 1130 03/04 10/04 21/04 24/04 25/04 HYGOOAI 4111 11/03 14/03 U/03
      983 words
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      Page 29 Advertisements Column 2
      1604 29 HANJIN SHIPPING NAMJM SMPPM6 (S) P1( US h*//■•■ Iwp cm OOOKMG 72M73S 737 SAIB 37M774 730 MXUMBII: 3NM7I-174 OffUDOWS 3JMJ4I J5? MAM UK *****5S MI 77WN0 CI 10: H*****000M TO NW USA A CANADA USA CANADA* wva/vor mm m~ lmmaii/vot su m mm m oo w m l wt" fmm"\
      1,604 words
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      1383 30 MR-SENATOR LINES TQ UK/CONTINENT TOREDSEA/MEIMriERRANEANCiANApA VCtttL 1 WIT ISM I LEH I HTM I AIW HAM MTV RX I VESSEL VOT fsM I JEO PIT SPE IFQS I VIC IMIIH TMOEfTOWTY WQT7 MM MM 29 M 23 M MM MM WMHMBTONKN WMII7 MM 17 M »M MM MM MM MM
      1,383 words
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      Page 30 Advertisements Column 2
      1163 30 MY LME YML Internet Web Sit* http: //www.yml.com.tw fl*AhklLik4i li fk V 4 E-«**Address oaMp7ao.yHiLoom.lw EVBTY thjrsmy/UMMY VESSEL VOY SIN CMS RTM HAM FXT LSI MM GIBRALTAR BRIDGE ABI3W 03 04 07/04 25/04 23/04 22/04 27/04 MING WEST JBI3W 05AM 22/04 24/04 25/04 27/04 MING GLORY ABI4W 10/04 14AM 02/05
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      Page 30 Advertisements Column 3
      449 30 LINE IWr Ja mtMiMMNUbiniiia I MUARA I 1 LABUAN 1 vissa vor nc ra vßsa vor n» m srotf mum tfoat in magmr vw/w n/03 u/m Mt«um vm/n n/n m/m ihosfm vow/* m/m m/m J-rtosrai vow/w m/m m/m VXtGUXT VOK/M 10/ M U/M AFMfiUW VMC/M 10/ M M/M IFOOSFB VIM/M
      449 words
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      1058 31 VI—P. VOY BIH I BKK I POU 1 PKO I PEN Itw IWW IA MMC IRAN SMOJAAT PJL-1271 T I I 18/03 26/03 NUN TKYFOUW PJt-1273 21/03 30/03 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN. TAOZHIKISTAN A GEORGIA VIA
      1,058 words
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      Page 31 Advertisements Column 2
      2024 31 mnmrnmn 7 MONHM BOM 7 MRS man -tun 1 —^gg2^2MLimu~. —J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWJUtO (l/U *****02 JOHORE OfFKE; COSTAR SHIPPING PTI LTD iiz-onxsnoG saiis/ngs 4205M1/43 mwmodot(D/ 0) *****1S COSTAR AMICUS (M) SDN BHD I qNO:117l7MOOOOI» TOWEt TWO (OMltf) COWVBmOIUi *****56/55
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      1227 32 I S6P RDM UIW HIG THf 2H LHV I LMV THP ROM ANW HM PKL MP ■E. DELUXE RWMt 11/04 SIM IMB B2M MM KM M/M E. MOOS RE-MO 17MS NM3 BBMS IMB HM4 E.DEIJGHT RW-882 IM4 16/15 2MB IMB IMB IMB 20M6 IE GLEEFUL RE-882 BBM MM BBM 11M
      1,227 words
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      Page 32 Advertisements Column 2
      729 32 WSK~ 1 l\V\ J 99U:(094)*****V MMA HII)XXW W PENANO: (04) *****36 BANGKOK: (962) *****67 SURABAYA: (31) *****0 R KB-AHQ: (02) *****77 JKT: (21) *****07 MP* (91) *****3 KUCHNO (092) <*****4 MANILA GINQA/IAiCIioNA MV "MARTRAVELLER" V.IIOIN MV "MSC REBECCA" V.9812-3 ETA SIN: 3-4-98 5.4.99 ALSO ACCEPTING TO SOUTH HARBOUR FEUXnOWE/IMTnRPAM/HAMIUR€ AUCKLAND
      729 words
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      Page 32 Advertisements Column 3
      306 32 ppk NANTAI LINE FUUY CONTAINERISED S»VKI TO MAURITIUS SOUTH AFRICA VBSE I VOT I SM I nil I M 1 CW I 1/liT jOTMWK! WIS V/¥ M/N iumiDßws im iw riM M/M WK B/K guaiggj YOO4S ?i/h x/w cvts wn fmtmm wis aw ng Wg W7S W/K 17/15 Hfli MS
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      539 33 i BSA ii. VISIVR3sIfSnSV!VS9 I, IVSn^^^V r M MYANMA wBl five star line (MyoMMr NatioMl Um) Loo ding for YiBfOH (Roofooo) Vtssa VOT SM KG KH KU PAGAH 2S4W SIO •AGO 101W M/M ■ALATSIA AGOITS: OOVSTIAD SMPPNG AGOtCKS HHL TH 02-03-*****00 P«L TB M-03-VMIOI POfc m 01-04-*****02 n». TU 02-07-*****21
      539 words
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      Page 33 Advertisements Column 2
      1184 33 ▲HYUNDAI MERCHANT MARINE CO. UP. vof ff soul uh Ino I aht I ham Imv Iml Ivcsa vot scm i ibm no ami hao Imtln I I tfIAUMNDM 301W D2/D4 20/04 25/o*2l/04 23/04 ACVUCO Ml( M/ 03 14/03 11/03 12/03 02/ M WUS_ 304W 03/04 24/04 25/04 10/04 11/04 HTMHRAL
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      Page 33 Advertisements Column 3
      724 33 nonwegon oukxaiiifn W^MMmiHEU4SE/V mm wmi/Hss r mF^ TO NORTH AND LATIN AMERKA "*ORO HEAYYUFT SERVICE* |vnsn vor |rahp moght |5U lax art |ma sjkv bal orf Inyc Ikwlmoi urn mWE iM Ti7WWi*/« tt/W WST WH" 5775T WIT «7ST «7#T UiAWT F409 400 Itas 4.3 M 21/04 25/05 02/04 04/04 01/04
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      858 34 »AMOKOK/I.A«i» CHAMAHO JAKARTA/PANJANQ VESSEL VOY S4N BKK LCH VESSEL VOY SIN JKT PJN WHO OCEAN OCNQB6 In Pt Q4/oT~ MATHI) BWUM 3618 02/04 04/04 XETHA BHUM 229N In Pt 06/04 MATHU BHUM 361 SB 02AM 04A>4 BAH BHUM" tjM In Pt 04AM 08/04 OURU BHUM' 72S 04AM 07/04 XETHA BHUM
      858 words
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      Page 34 Advertisements Column 2
      418 34 BINTANG MAS SHIPPING PTE. LTD. 30 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX *****64 TLX: R*****5 SINMER CR No: **********GW RacaMrtg Cargo at PTI niM+aalll I |L|A|iA vtssn vgr sm ru *Bs§ ¥81 $S SUA I Sail V9OO/E lllZ/04 17/04 MM ¥Nos£ W-03/M 01/04 IM VWOSI 14-17/04 22/04 MPmH W6OH
      418 words
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      Page 34 Advertisements Column 3
      552 34 M ACCORD A SHIPPING PTE LTD TKi: ***** IS (40 Unaa) PAX: *****30 KMUMK t /tVM/IM) E wk DMKT ACCISS TO. s *****55 (KXFOftT BOOKMO) MSMSMMNC i *7)JOT 7X77 *****34 (EXPOST DOC), *****39 (IMPOST) MM POtT ITA SHI POtT ITA SIN POtT ITA UN POtT CTA tW (FAR EAST) (INDIA)
      552 words
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      392 35 INDONESIA NATIONAL LINE TO EUROPE K iimiiiii wii nrninrr WH WBMBWHMsP BB»HVw*M ~m VOY sToM A DAN/* DAM H lUR6 MEMiN ANTWERP A VESSEL 43WS 15/05 IS/S6 OMIT 23/05 TO AUSTRALIA I mi I I MIM WUOgmMWIBBWCE VS. WOT Pits MM fl» W TO IB MA Ml WE AUST EMTEHPWE
      392 words
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      Page 35 Advertisements Column 2
      989 35 C««pil PACIRC INTERNATIONAL UNES (PTE) LTD I I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I ri r l ri CR NO **********0E m m w m na I _S§L_| I OOQ AIHITY Oil J/4 4/4 U/4 18/4 21/4 24/4 1/5 1/5 1 I KOTA PHTAMA PTMOO3 lb/4
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      Page 35 Advertisements Column 3
      753 35 K|||Kg|j|H|B VESSELS VOY I JED MLA LEH HAM THP HTM TEE >AU-EOE TANYA TOM OMM ftm 22AM 28AM 28AM 30P4 3*04 01/D6 TAURUS A2SW ISAM 24AM 28AM 06/06 IMS 08AI6 o*o6 08A» \ALLE D* AQUARIUS U2BW 21 AH 2*04 0406 I*o6 11/06 I*o6 I*o6 M/ 06 \AUEDEANTARES L2JW 28AM o*o6
      753 words
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      48 37 To retrieve more schedules, just follow these simple steps... document 740-6000^^^^^ tep be faxed m Pr6SS the port Step key in the four w ,Jfthone number /Jm AJ| digit code Key in your Example: t fax number To NEW YORK (NYC) 2275 for calls within Singapore UnitOd StQtOS
      48 words
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      806 40 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 10.1047MM0000 BOOKINGS CALL DIRECT L1 jj^ *****41 3 JESSICA/CEIIA/MEI CHAN 2SLG/WEEK NBBL rvw —tmn [jak |vi—. I VOY I WN nm SINAfI NUSA 196 TfTFf 04/04 (SAT) °eRAJAT
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      Page 40 Advertisements Column 2
      541 40 him em he swmNfi co ni in I VKKA T«li SUM7S (A Umm) hut SMMtt/SJMOM T ttfci i stiff mm Vissa VOY SMUUSMETD DESTINATION Buono Afaadi OS/98 30/03 31/03 Union Sior 10 05/98 30/03 31/03 Duma Marco Poio 42 9M 30/03 31/03 Surabaya UnggulJoyo 04/98 30/03 31/03 Ptrawn^Pßanj/Dunn Motto Wo
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      Page 40 Advertisements Column 3
      381 40 SIM FAR EAST 05/04 KEELUNG/KAOHSIUNG 05AM BANGKOK 06/04 MANILA/CEBU 05/04 JAKARTA/BE LAWAN/SURABAYA 05/04 PORT KELANG/PENANG/E. MALAYSIA 14/04 BUSAN 05/04 TOKYO/YOKO/KOBE/NGO/OSA 05/04 HONG KONG SIM china 05/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGOAO/HAIKOU SIM EUROPE/UK 05/04 LDN/FLX/LVP/SOU ROM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM usa/canada 14/04 LOS ANGELES/NEW YORK aH IPI
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      Page 40 Advertisements Column 4
      407 40 Singapore Soviet Shipping jffitCo. Pte. Ltd. v CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTA RATU RTUOO6 03/04 10/04 21/04 23/04 FAIRY EAGLE 111N 08AM 18AM 28AM 28AM TRADE FAST TFS2I7 18AM 23AM 04/08 08/06 KOTARATU RTUOO7 23AM 30AM 12/08 14AJ6 REGULAR MONTHLY "RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA
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      Page 41 Advertisements Column 1
      908 41 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE VESSEL 1 VOY I SIN HR GOA I VIC I i£H I ANR I FXT MSC REBECCA 9812 3 Q4 APR 17 APR 19 APR OMIT OMIT 25 APR I 26 APR N SiNGA 9813-3 09 APR 22 APR 24 APR 26 APR
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      Page 41 Advertisements Column 2
      1659 41 VBSR/VOTAfil SMM MM MM mm I UM I IVKSa/VOTAg I SOU ITO I NAM lIM STOM UM MflOH 9MOI IfOmTI NVIVC6A lINM3 KM MM KM 21M KM jjttM MM MM MM MM SIM "55" MM MM MW ™SS"Zmumm SSis SS £2 £2 £2 S£ 3XSK? SKI! XS !S SJS S£
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      Page 42 Advertisements Column 1
      496 42 I VESSEL TIGER WAVE 616N 01-02/04 06-09/04 14-15/04 I TIGER ISLAND 617N 04-05/04 09-12A)4 17-19V04 I TIGER BRIDGE 618N 07-06/04 13-16D4 21-22/04 I TIGER BAY 619N 10-12/04 16-19 AM 24 26/04 I TIGER WAVE 620N 14-15/04 20-23/04 28-29/04 I TIK3ER ISLAND 621N 17-IS/04 23-26/04 01-03/05 I IVESE^^^^VO^^Sl^^calsl^l XPRESS SPORE 257
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      Page 42 Advertisements Column 2
      830 42 FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tei: *****66 (60 Linas) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION THI FOLLOWING PORTS ISTANBUL (IST), CIBU (CEB), SHANGHAI (SNA), LAIM CHABANG (LCB), XINGANG (HIT). vssa etpsn hast m hasha eialcb nMB ACAPULCO(6IIB) V3OIE 03/04 08/04 NBXiOYD AMBUCAN VO3WMI3 04/04 24/04 KOTA HARMLM
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      Page 42 Advertisements Column 3
      1070 42 fl QQCL (Singopore) Pte Ltd CFS Keppel Dislrpk Fmk-kbg r^-dfe,, 79 Amm Rm4 921-04 (S) *****6 Wk 513 #01-120 t-friry CI NOIII7I7MOOON U; 272 7127 rjHlgigO VW& M *****13Fm 221 3942 ft* 272 7t2S MotrwiMwm«m/ mmi Q AfttiMi* TO USA ttf' |Id -CHI -MBA -Mrc HOU OUTBOUND SGP SYD |Ma
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      127 43 LEGEND: R Thunderstorm Temperoture c X\ V Shower Weother Wind drection with sp««d in knots ee Ro«n Cloudy Sky Wov h hf S«rfoe« wind! or* indicated by arrows which Hy with the wind Or* hJ circle represents calm or light and variable winds One holt Heche represents 5 knots L»
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      68 44 M. V. SURABAYA QUEEN' VOYI ARRD 24 MARCH 19* M.V. TWINKLE ACE' VOY 111 ARID 29 MARCH 1998 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 2 April 98 *****200 hours at PT9 (NTY's Office). No further
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