The Business Times, 29 April 1998

Microfilm: NL21182
Total Pages: 44
1 44 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MIT A (P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, APRIL 29, 1998
    15 words
  • Article
    MARKET SUMMARY
    60 1 □sra MBL77 (+10.30) BT-SRI am (+5.22) BTOOMP UM.46 (+7.29) UMUB3 (+1.51) QMLAJKETMOOI fc STOCK MABKET INDICES Tuesday Change KLSE COMP dosed NIKKEI 15,396.43 -***** HANG SENG 1W78.61 >843 SCT INDEX ***** +0.76 JAKARTA OOMP __do«d MANILA COMP —2,126.69 +41 TAIPEI WP! 8,***** -3656 SEOUL COMP ***** -186 CLSA
    60 words
  • Article
    FINANCE
    76 1 FOBEX BITES uss s$ USS 1.598 £(US$/S$per£) 1.671 1666 DM 1.791 1891 YEN 131J 1209* Ml 1776 9.423 HKS 7.748 9106 BAHT 38.68 0.041 RUP1AH aOOO 0.020* 'St to lot units FUKB BATES SINGAPORE* 7.71 KUALA LUMFUH 11.80 JAKARTA 28.00 BANGKOK 14.75 MANILA BM HONGKONG 1025 TAIPEI &M SYDNEY
    76 words
  • Article, Illustration
    Lock icon Investors shrug off fear of Fed rate hike
    1068 1  -  Bat markets expected to see much volatility in the coming weeks From. Andrew Marks in New York BLUE-CHIP stocks in Europe and the United States rallied strongly yesterday, with traders saying that fears of a US interest rate hike had been exaggerated.
    Source: Bloomberg; REUTERS  -  1,068 words
  • Article
    Brierley chairman and CEO quit in shock announcement
    612 1  -  Move sparks talk BIL may onload some key investments From Russell Baker in Sydney NEW Zealand-based Brierley Investments Ltd (BIL), in which the Singapore government has a stake, yesterday announced the shock resignation of its chief executive Paul Collins and chairman Bob
    612 words
  • Article
    Asian markets survive Wall Street scare
    324 1  -  Rise in SAP 500 futures contract triggers rebound By\ R Sivanithy [SINGAPORE] Skittish regional stock markets yesterday survived a Wall Street scare, falling sharply initially but rallied when US interest rate worries eased. The recovery was triggered by a rise in the S&P 500
    324 words
  • Article
    SIA keen on taking 25% stake in Thai Airways: official
    541 1  -  It may purchase stake jointly with Lufthansa From Harish Mehta in Bangkok SINGAPORE Airlines (SIA) has informed the Thai government of its interest in buying a 25 per cent stake in Thai Airways International (Thai), an official of Thailand's Ministry
    541 words
  • Article, Illustration
    HKMA chief pulls in top pay of HK$8.5 million
    222 1  -  Prom' Quak Hiang Whai in Hongkong JOSEPH Yam, the fasttalking chief executive of the Hongkong Monetary Authority (HKMA) and the man in charge of defending the Hongkong currency peg, remains one of the best-paid executives in town. According to the latest
    222 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • SINGAPORE AT HOME & ABROAD
    • Article
      JTC to halve land supply, use new application system
      617 2  -  Open application system allows firms to apply for industrial sites at quarterly launches Reports Jenny Lam THE Jurong Town Corporation (JTC) will be releasing 40 to 50 hectares of industrial land this year half the amount in recent years through a
      617 words
    • Article
      10 industrial sites to be launched today
      178 2 TEN industrial sites are being launched for lease today, comprising the first batch of land released under the Jurong Town Corporation's new open application system. The sites, covering 109,996 sq metres, are in four industrial parks Tuas View, Ju- rong, Loyang and Changi
      178 words
    • Article
      Teresa Ville flat sale only deal done at auction
      290 2  -  By Diana Oon A FREEHOLD apartment in Teresa Ville in Lower Delta Road sold for $880,000 was the only deal done at a property auction held by property agents Edmund Tie and Company yesterday. The apartment, which opened at $800,000, received
      290 words
    • Article
      Micropolis creditors to be paid by year-end?
      293 2 CREDITORS of disk-drive maker Micropolis will be paid off by year-end, if all credit claims can be finalised and cash collected from the sale of the liquidated company's assets, liquidators Coopers and Lybrand said yesterday. Micropolis' disk-drive factory in Serangoon was put up
      293 words
    • Article, Illustration
      Lock icon Manufacturing output up 8.5%
      278 2  -  EYE ON THE ECONOMY Manufacturing By< Audrey Tan SINGAPORE'S manufacturing output grew 8.5 per cent in March, due to significant growth in the pharmaceuticals segment and 1997's low base. The low base also boosted overall first -quarter (Ql) figures, as industrial produc- tion grew 6.1 per
      Source: EDB  -  278 words
    • Article
      Export recovery remains a mirage: economist
      409 2  -  Crippled intra-Asean snpply chain will hit manufacturers here By, Audrey Tan ROBUST demand from OECD (Organisation for Economic Cooperation and Development) countries will not translate into an export recovery for Singapore as financing problems have crippled the intra-Asean supply chain, says Santander Investment Securities
      409 words
    • Article, Illustration
      Form, Oscar winner cartoon to be launched in November
      393 2  -  By\ Carol Eng FORM Holdings' tie-up with three-time Oscar winner Carlo Rambaldi is set to take off. The 26-episode cartoon Tommy Oscar, which the two parties are co-producing with Italian company Rainbow Sri. will be launched this November in Singapore, ahead
      393 words
    • Article
      Redas plans Real Estate Investment Trusts in S'pore
      591 4  -  Govt urged to take stake to show support and to allow use of CPF monies By\ Corinne Kerk THE Real Estate Developers' Association (Redas) is drawing up proposals to introduce Real Estate Investment Trusts (Reits) in Singapore. A few government-linked companies, including
      591 words
    • Article
      Inter-ministry panel to study Internet copyright issues
      381 4  -  Hy Imelda Tham AN inter-ministry committee has been formed to look into copyright issues on the Inter net. V; t "Singapore wtll spare no efforts to v pot in place a sound leqal framework to address relevant copyright issues in the digital world,"
      381 words
    • Article, Illustration
      Lock icon Telecoms veteran in eye of the P2P storm
      892 4  -  Teledata MD said to be a relative novice in big int'l deals By* Catherine Ong THE man in the eye of the P2P storm, Han Meng Siew, has 18 years' experience in the telecommunications industry but he is a relative novice when
      CHRIS LOH  -  892 words
    • Article, Illustration
      Lock icon Asians prefer handphone to fit snugly in the hand: study
      388 4  -  They differ in taste from Europeans, Americans By\ David Boey THEY come in various sizes, but Asians prefer them small, and particularly that they make a snug fit in orte's hand. Research by American telecommunications giant Motorola has found that
      ARTHUR LEE  -  388 words
    • Article
      Lock icon SM, Kohl hold talks on S-E Asia and East Asia
      95 4 AFP [BONN] Singapore's Senior Minister Lee Kuan Yew met here yesterday with German Chancellor Helmut Kohl to discuss developments in East and South-east Asia, the German government spokesman said. In a communique, spokesman Peter Hausmann said the talks took place
      AFP  -  95 words
    • Article
      Workers must upgrade to be relevant: BG Lee
      232 4 MAT DAT MESSAGE CONTINUING education and training must be made a core strategy for all Singaporeans if they are to remain relevant and earn good pay in good jobs, Deputy Prime Minister Lee Hsien Loong says in his May Day message to
      232 words
    • Article
      SingTel, Lotus to develop interactive learning service
      279 4  -  Raju Chellam (SINGAPORE) Singapore Telecommunications and Lotus Development Corp will jointly develop a multimediabased interactive learning service that will debut here this year. Called Steps, for Student, Teacher, Parent Education System, it will be available on Sing Tel Magix broadband network. The pilot
      279 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      209 2 The lion in Singapore. L r w<x o ojf^ 'L-i > 4 Easy access to the fixed income market for Singapore Dollar investors. <s DB Lion Bond Fund. The fund's yield was 6.4% p.a.* as of April 24, 1998. Singapore Dollar denominated bond fund Performance since launch (August 6, 1997
      209 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      263 3 J In bitter cold, dragging •> v i V--- x. "*4*4..-•»• V..V :*-> 2'», f* V v i everything he needed behind :»s*■'. j'«-Va > I i v '?**<'," i-'*- **x i without discarding all but the most vital THE BACK OF ERLING KAGGE S equipment. Which is how Erling
      263 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      97 4 GOLD///PFEIL GERMANY I 0 -s: i'/•' t t <"-r n if ■MB. iJWBf The Voyage Collection is made of an extremely durable and practical, high-quality twilled nylon fabric. The leather edging is in finest leather with a vertical grain. The strap is made from nylon, offering the same features as
      97 words
    • Advertisement
      Page 4 Advertisements Column 2
      21 4 FOUND SOMETHING? Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service
      21 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      130 5 Smart Message, I enjoy updated m information whenever I want. i= Smart Stocks "*S iaj fj}- -j *>■ '> ,s ®BrtiM ttfi'i;-- !ttrt"' 't|( J..' M tii; }Sw| fHf ijg •<#■?•♦' /p w > B j iP H ii sFir a i Tm/mSF' < l*w£? y updates on all your
      130 words
Page thumbnail Page 6
  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Respite for Asian currencies
      1096 6  -  But perhaps biggest threat to an optimistic outlook comes from complexities on political front By Larry Wee JAPANESE yen movements influenced Asian currency sentiment last week but Monday's sharp fall in the Dow Jones stock index was all the buzz yesterday. Most Asian currencies last week
      Source: Dow Jones; Source: Deutsche Morgan Grentell  -  1,096 words
    • Article
      Lock icon Banking on credit-risk models
      572 6 These models to gauge banks' lending risks are clever bat do they really work? The Economist BANKS' credit-risk models are mind-bogglingly complex. But the question they try to answer is actually quite simple: how much of a bank's lending might plausibly turn bad? Given the answer,
      The Economist  -  572 words
    • Article
      ANALYSIS
      366 6 Indonesia's next hurdles AFTER last week's reform deadlines were met, Jakarta has announced that the IMF will now sit down on May 4 to approve the overdue US$3 billion (Ss4.B billion) tranche after which World Bank money is expected to flow in. But this first set of reforms did
      366 words
    • Article
      Lock icon THE WEEK AHEAD
      361 6  -  Compiled by Larry Wee Sources: ABN-Amro (ABN), Bloomberg (BB), Independent Economic Analysis Holdings (IDEA) JP Morgan (JPM) United States Tomorrow: April Chicago Managers' purchasing sentiment index after May's 59.5 reading could show a small fall to 57 (IDEA and JPM). The employment cost index will be closely
      Sources: ABN-Amro (ABN),; Bloomberg (BB),; Independent Economic Analysis Holdings (IDEA); JP Morgan (JPM)  -  361 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      117 6 In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place, because the editoral focus complements your advertisement. The right time, because our special features are specially planned to coincide with specific events,
      117 words
Page thumbnail Page 7
  • MARKETS IN TURMOIL
    • Article
      Thailand to raise US$5b from global bond issue: Tarrin
      652 7  -  Plan unveiled after govt approves 4 decrees to ease liquidity crunch Fi'om Harish Mehta in Bangkok THAILAND is re-entering the international debt markets to raise US$5 billion (SsB billion) till the year 2000 by issuing global bonds to boost liquidity, Finance
      652 words
    • Article
      Lock icon KL will let market determine rates, says official
      262 7 AFP [KUALA LUMPUR] Malaysia will let market forces determine the level of interest rates, a finance ministry official said yesterday, after the International Monetary Fund urged a tightening of credit. The official said the IMF's suggestion was built on the premise that
      AFP  -  262 words
    • Article
      Asean seeks ADB early warning system
      538 7  -  Agreement for regular surveillance of their economies From. Anthony Rowley in Geneva ASEAN finance ministers agreed that the Asian Development Bank (ADB) should conduct regular surveillance of their economies in order to provide an early warning system which it is hoped will help ward
      538 words
    • Article, Illustration
      Lock icon Traffic stopper
      64 7 [HONGKONG] An investor of the failed CA Pacific Securities being taken away by policewomen after she blocked traffic during a sit-in protest on a busy street in Hongkong yesterday. The protesters said they had wanted to enter the Hong Kong Stock Exchange to demand the return of money
      REUTERS  -  64 words
    • Article
      HK local banks outshine foreign counterparts
      608 7  -  1997 profitability, capital ratios robust; classified loans fall From< Quak Hiang Whai in Hongkong HONGKONG'S local banks generally fared better than their foreign counterparts in 1997 with their profitability and capital adequacy ratios remaining robust and classified loans actually declining. Locally-incorporated Hongkong banks saw
      608 words
    • Article
      Lock icon Scepticism over Indon draft of bankruptcy law
      427 7 No guarantee of effective legal structure, say critics Bloomberg Reuters (JAKARTA) Indonesia's release of a draft of the new bankruptcy law required by the International Monetary Fund as one of the conditions for the resumption of a US$4O billion (5563.8 billion) bailout package
      Bloomberg; Reuters  -  427 words
    • Article
      Lock icon 684 Indon firms declare debt before deadline
      175 7 AFP [JAKARTA] A total of 684 Indonesian firms have reported their foreign debt to the central Bank Indonesia ahead of tomorrow'sdeadline, a report said yesterday. The figure was released by Bank Indonesia director Miranda Gultom on Monday, but she did not give details
      AFP  -  175 words
    • Article
      Lock icon Albright hails Japan stimulus plan
      227 7 US welcomes Tokyo's bold step to boost economy, she says AFP [TOKYO] Secretary of State Madeleine Albright yesterday gave Japan's record stimulus package the strongest US endorsement yet, describing it as a "very bold step" to bolster the economy. Ms Albright arrived here early yesterday
      AFP  -  227 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      165 7 Indonesia's next hurdles, Pg6 Japan jobless rate hits record high, Pg 10 9 Penang Hoad #04-02 I rtf MLjI Jl 111 I nmiXtlllU Park Mall, Singapore *****9 tax 339 ioeo Email: acctancy@ftms-ew.com.sg Th<* Leader in Financial Training The Certified Diploma in Accounting Finance This is a specially designed course for
      165 words
Page thumbnail Page 8
  • SOUTH-EAST ASIA
    • Article, Illustration
      Will Bob Hasan move impress IMF?
      662 8  -  ASIAN VIEW His tough stand against monopolies will go down well with IMF, but it's not the only one the govt has to please By Yang Razali Kassim AMID the noises from protesting students who want President Suharto out, Indonesia's new Trade and Industry
      662 words
    • Article
      Lock icon Indon troops lift blockade of Medan campus
      310 8 MEDAN Authorities also release 13 students detained on Monday Reuters INDONESIAN troops lifted a blockade of a university campus in the north Sumatra town of Medan yesterday, allowing several thousand students to leave after a tense protest against President Suharto. The authorities also
      Reuters  -  310 words
    • Article
      Lock icon Indon jobless stands at 9m, not 13m: minister
      227 8 HANOI Reuters UNEMPLOYMENT in Indonesia stands at around nine million people and is estimated to rise to 13 million by the end of the year, the country's Assistant Minister of Manpower, Payaman Simanjuntak, said yesterday. On Monday, the Indonesian newspaper Republika said
      Reuters  -  227 words
    • Article, Illustration
      Lock icon Hopewell's Wu slams Thais over transport project
      266 8 GENEVA AFP HONGKONG tycoon Gordon Wu yesterday bitterly complained about treatment he received from Thailand, which in February scrapped a US$2.2 billion (553.5 billion) transport project by his firm, Hopewell Holdings. Mr Wu faulted Thailand for lack of an "honest and fair mechanism"
      AFP; FILE PHOTO  -  266 words
    • Article
      Lock icon Only 3-4 major Thai retail chains will survive: analysts
      277 8 BANGKOK Sales in ailing retail sector seen plunging 20-30% this year AFP RETAIL chain stores in Thailand will struggle to survive as consumers hold back on spending during the country's worst ever economic crisis, reports said yesterday. Retail analysts say only
      AFP  -  277 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      110 8 With 6- to 12-cylinder engines, the BMW 7 Series is gracefully poised with could say, in fact, that its infl immense reserves of power -to be unleashed the very instant you need it. complement to its driver s. Vi! Still, the respect it commands on the road springs far more
      110 words
Page thumbnail Page 9
  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon HK vows to erase copyright piracy after HK$650m seizure
      529 9 HONGKONG Crackdown on pirated CDs comes before US delivers verdict on violations AFP HONGKONG pledged yesterday to stamp out copyright piracy after a huge seizure of compact discs, just two days before the US delivers its verdict on trademark violations in
      AFP  -  529 words
    • Article
      China point man's approach in HK is down-to-earth
      388 9  -  Prudent attitude needed when handling grey areas in China-HK ties, he says fYorn Loh Hui Yin in Hongkong A PRUDENT attitude combined with a pioneering spirit is how Beijing's point man in Hongkong approaches the still-evolving Beijing-Hong-kong relationship. In his speech yesterday
      388 words
    • Article
      Lock icon China mulls extending export rights to all firms
      151 9 BEIJING AFP CHINA is considering giving all its private companies the right to export goods on their own rather than through state-owned firms, the official Xinhua news agency said on Monday. It quoted Liu Xiangdong. Assistant Minister of Foreign Trade and Economic
      AFP  -  151 words
    • Article
      HK needs to address environmental issues
      605 9  -  LETTER FROM HONGKONG Health scares like bird flu, red tide may pose epidemic risks or even undermine Investor confidence By Loh Hui Yin Health officials must be among the most harassed of Hongkong's civil servants. Hardly a day passes without a public health problem
      605 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      88 9 3>* Fully poised with could say, in fact, that its influence forms the ideal tant you need it. complement to its driver's. Visit Performance Motors re from its quick tj for a personal experience of the BMW 7 Series, the %30 igineering. One L serious driving car for the seriously
      88 words
Page thumbnail Page 10
  • ASIA
    • Article
      Lock icon Japan-US defence Links go regional
      211 10 TOKYO AFP JAPAN yesterday signed an accord with the US and took domestic legal steps to expand bilateral defence cooperation beyond its territory to cope with future conflicts in the region. US Secretary of State Madeleine Albright and Japanese Foreign Minister Keizo Obuchi signed the
      AFP  -  211 words
    • Article
      Lock icon NZ's March trade deficit 1st since '87
      139 10 ■I WELLINGTON Bloomberg NEW Zealand unexpectedly chalked up its first March trade deficit since 1987 amid signs the weaker currency is forcing up import prices, outstripping a rise in the value of exports. Imports rose 19.8 per cent in March from February to
      Bloomberg  -  139 words
    • Article, Illustration
      Lock icon Clouds over Japan's recovery as jobless rate hits record high
      588 10 TOKYO Slump in production, retails sales add to gloom; no reprieve seen despite stimulus AFP, Reuters JAPAN'S economic slump deepened yesterday as industrial output and shop sales tumbled and the jobless rate climbed to a record high, further clouding recovery
      AFP,; Reuters; REUTERS; Source: Bloomberg  -  588 words
    • Article
      Lock icon Korean chaebols suggest 20% job cuts to expedite reforms
      239 10 SEOUL Bat employers will try to minimise layoffs this year AFP EMPLOYERS at big South Korean corporations yesterday suggested a 20 per cent cut in their personnel, saying mass layoffs would be unavoidable to expedite reforms. "Companies will have to go
      AFP  -  239 words
    • Article
      Lock icon Kim Young Sam quizzed over financial crisis
      384 10 SEOUL AFP SOUTH Korean prosecutors investigating causes of the country's financial crisis have sent written questions to former president Kim Young Sam, prosecution officials said yesterday. The prosecutors also launched an investigation of 27 senior officials of the finance ministry after auditors notified
      AFP  -  384 words
    • Article
      Lock icon India to unveil plans to attract investment: PM
      518 10 NEW DELHI Govt aims to qnell concern it opposes foreign capital Bloomberg INDIA will unveil in 60 days proposals to draw foreign investment in industries from telecommunications and road-building to high technology looking to meet the needs of the world's sec-ond-most-populous country.
      Bloomberg  -  518 words
    • ASIA Notes
      • Article
        Lock icon S Korea opposition loses 5 members
        84 10 AFP {SEOUL] Five lawmakers bolted from South Korea's opposition Grand National Party (GNP) yesterday as President Kim Dae Jung's ruling party stepped up a drive to deprive the GNP of its majority status in parliament. Two lawmakers in Inchon City and three others in
        AFP  -  84 words
      • Article
        Lock icon Bomb blasts Sri Lanka phone exchange
        67 10 AFP [COLOMBO] Suspected Tamil Tiger rebels set off a powerful bomb at a telephone exchange run by Japan's NTT in Sri Lanka, cutting off at least 6,000 phones amid fears of more bombings, officials said yesterday. The midnight explosion at the exchange in Kalutara,
        AFP  -  67 words
      • Article
        Lock icon Not enough fire in Aussie guns law
        84 10 AFP [SYDNEY] Enough illegal firearms remain in circulation to equip an army despite a massive government guns buyback, according to reports, as Australia marked the second anniversary of the Port Arthur massacre in which a young misfit killed 35 people in May 1996.
        AFP  -  84 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      16 10 TODAY Zaobao mihiummM »»ll» It'itl IK imfr* -1 r J |5vJ timTC fv WW f *****77
      16 words
    • Advertisement
      Page 10 Advertisements Column 2
      47 10 THE WORLD S LEADIIMC OFFSHORE COMPANY AND TAX I PLANNING SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA An Established company for 10 years in cleaning pest control industry is looking for potential buyers, good contacts, good ongoing contracts. Owner going overseas.
      47 words
    • Advertisement
      Page 10 Advertisements Column 3
      88 10 Best Golf Cruise Offers Pamper yourself with a well deserved BMI;® break. Play golf at Tering Bay crvise onboard m/V leisure World Prices: Ssl6B (men) Ssl4B (ladies) (Both packages include all golf arrangements, meals 1 nite's stay onboard M/V Leisure World.) 9^ Call our reservation hotlines today!) Centrepoint Tours tas24
      88 words
Page thumbnail Page 11
  • THE WORLD
    • Article
      Lock icon US factory orders for big-ticket goods up in March
      438 11 WASHINGTON Surge led by demand outside of volatile transport industry Bloomberg US FACTORY orders for big-ticket goods increased in March, led by record demand outside of the volatile transportation industry evidence the economy continues to forge ahead. Total orders rose 0.4
      Bloomberg  -  438 words
    • Article
      Lock icon UK's £2.2b trade deficit in Feb worst in 8 years
      353 11 LONDON Reuters ANY lingering doubts that British exporters are hurting from the strong pound were swept away yesterday by a raft of gloomy data. Trade data showed Britain's trade deficit with the rest of the world widened to £2.2 billion
      Reuters  -  353 words
    • Article
      Lock icon Asia's richest lost US$300b last year
      261 11 LONDON Bloomberg ASIA'S richest people lost more than US$3OO billion (Ss47B billion) last year as turmoil in the region's financial markets cut into wealth from Japan to Jakarta, a report by Merrill Lynch Co and Gemini Consulting said. The slowdown in Asian economies offset
      Bloomberg  -  261 words
    • Article, Illustration
      Lock icon Cleaning Saddam's image
      29 11 [BAGHDAD] An Iraqi worker cleaning a marble statue of Iraqi President Saddam Hussein in Baghdad on Monday. Iraq celebrated the Iraqi president's 61st birthday yesterday. AFP
      AFP  -  29 words
    • Article, Illustration
      Lock icon US stocks overvalued: Aussie central banker
      402 11 SYDNEY Excellent economic growth, low inflation notwithstanding Bloomberg THE US share market is "grossly overvalued". Reserve Bank of Australia governor lan Macfarlane said. "In the US at the moment they are experiencing a very good economic performance, very strong economic growth and low inflation,
      Bloomberg  -  402 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      117 11 1 v 9 .i; .•"•a., i "s**,' i i. '<. V,#' vL 'iV •V 'A, -'ft. t V rn *v» 4* r A :*.f tfV 4 V m. >• v HL .Hp M Jl Ik He .'4 2ji J-% |t PBSls'Sib > v «k -se' v H *W Z i
      117 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      453 12 I Sgi "'-&>"'» vi: jjk I ■BEg&f v f-r< f r TrWfryffPW^B^^*ff%£affip*#; c, -ft B Bif ?J Jfl K I I; sjf jT m M I J Mj I /Abb A B M m 1 iM Ml r I'll 4 j^<-^i^^sp'^^9HMMßfc_. |L w^L^HA 'B 1^ jl mKKm- :HHHH^^^HHHIHHHiIHHBr Bl Do
      453 words
Page thumbnail Page 13
  • EDITORIAL & OPINION
    • Article, Illustration
      New CPF rules may make it all more open
      751 13  -  THE BOTTOKLDfE OPINION By Shiv Taneja The writer is BT's Personal Finance editor. ANY day now, the Government is expected to announce new investment guidelines for CPF investments in what some believe will be the most comprehensive review of CPF investment
      751 words
    • Article
      IN OTHER WORDS
      135 13 'I don't think it is the start of something worrisome. We have had a very dramatic rise in stock prices in a very short period of time. I think that many investors have been looking around and saying that this doesn't go straight up.' Abby Joseph Cohen
      135 words
    • Article
      Too early for Hongkong to cheer
      651 13 EDITORIAL SOME smugness was evident when Hongkong's Financial Secretary Donald Tsang gave his team a thumping "A plus" grade for its management of the Hongkong dollar over the past few months. He may have every right to be self-congratulatory since virtually every other Asian
      651 words
    • Article, Illustration
      Lock icon A force for good or ill?
      1130 13  -  Though the IMF may have eased up in its prescriptions for Asia of late, it has its many critics By. Nicholas D Kristof NYT WHEN pollsters asked children in Thailand recently about the IMF, 30 per cent described it as a kind of unidentified
      NYT; AFP  -  1,130 words
    • Article
      WHAT THE OTHERS SAY
      936 13 Israel tarns 60 ON Israel's 50th anniversary, its friends can give the country certain gifts of importance. They can recognise Israel's achievements and take joy from them. And they can accept without denial or flinching the fact that after a half-century, Israel's neighbours still want it
      936 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      44 13 DOOHHSBURY By Garry Trudeau /SNY IT JUST 7N3 DO YOU r LSTSPO HO CM00. MOST GLORIOUS MtSP?I%i x SOMETHING MYANfOS PAY,RB66IB-7 IKYING ID f OH... C (T V > GAy.&6' 0RACUZT /SNTfTJUST GeTTHB "N SORRY, 1 I 10*60 U/OUU? -me 6RANPEST' SKINNY ON SAJUN6' SHORT
      44 words
Page thumbnail Page 14
  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Asia filmmakers see silver lining in economic cloud
      757 14  -  Crisis provides creative fodder, possible funding for local film industry, says Josephine no JOSEPHINE NG Reuters COSTS are up, jobs are few, forest fires are raging. When millions of people are struggling, why are some South-east Asian film-makers wearing smiles? "I am
      Reuters; FILE PHOTO  -  757 words
    • Article
      Lock icon Web pulsates with music sites aplenty
      487 14  -  MUSIC By: Frances Katz NYT [ATLANTA] Music on the Web is a lot more than Real Audio clips and MTV. There are plenty of other sites where fans of all persuasions can find out about their favourite artists or catch up on the latest
      NYT  -  487 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      266 14 3j| lußilUMflliii ji P BUSINESS HOURS: Mm to W 11 JteiDHiikißifht Sat A Su Spa-akUgfct I Eu Tong Son Rd N.w ■rid«« ltd gSBBS* ESS .1T I I jlZa v Zj t raa i Noil R d I SI i I Streeters Restaurante Wine Bar 33 Keong Saik Road Singapore
      266 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      654 15 Buy It. Sell It. Find It. Classified. f& CATS. Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain... "t (Slssa- < SfcKp I to«S e HH kttp:// www.ana-kotels.com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyber selection. Browse
      654 words
    • Advertisement
      Page 15 Advertisements Column 2
      16 15 I ~T~la<2 vicr^vv 3 u.-P-Pg Vp <2 ci c^\). AVjusV I T.'TT-*--+--»• ycu'lt nevev sV-ip <^<?^IV\.
      16 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      801 15 TV&RADIO By Afternoon At The 3.55 Takeshi's Castle. n*ini;«M;OTTSaß^^Mß^^l nuuweu Movies. 4.45 China's Minority Na--2.30 PM TV Innovations. 5.00 News 5 Today Followed 4.00 Kidz By 5-10 Speed Racer. 5.30 Real Adventures 4.30 Hot Rod Dogs Cool Jonny Quest. 5.35 Maison Car Cats. &oo News 5 Today Followed 5.00 Bill
      801 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      176 15 CRYPTIC CROSSWORD 29 Old Tom in flLsntl group (7) 30 Producing b63vy machinery Allowed colony to find lawful VbfiTiwPAys SOLUTION requires power supply (10,5) e n( to dispute (5,10) mziwnnngTPngiwn TW WM 14 In two days I eventually T^jG [E| T solved the riddle (5) 1 Generally having a pro-
      176 words
Page thumbnail Page 16
  • WIRED FOR BUSINESS
    • Article, Illustration
      Banking on Net technologies
      705 16  -  Reuters aims to use the Internet to deliver its range of news to customers via the multimedia route By Raju Chellam [SINGAPORE] GLOBAL information and news provider Reuters is betting big on Internet technologies to deliver its range of financial and general news to its customers.
      705 words
    • Article
      Lock icon Network standard seen as key to Internet's growth
      303 16 Interactivity also needed to attract businesses online AFP [CHICAGO] How the Internet fares will depend entirely on how the system is networked, an executive of Cisco Systems, the main provider of networking technology for the Web, said. Speaking at the Chicago Comdex
      AFP  -  303 words
    • BOOK marks
      • Article, Illustration
        New look for ISPs'Web sites
        81 16 THE three local Internet service providers (ISPs) CyberWay, Sing Net and Pacific Internet have undergone a make-over of their Web sites recently. All three ISPs launched enhanced home pages with new designs and layouts. The contents and navigational links were also better organised and more
        81 words
      • Article
        News.com, Bloomberg offer new service
        78 16 CNET's News.com and Bloomberg financial service have jointly introduced a new online service, News.com Investor, to provide stock quotes and news coverage of the technology industry. There will be breaking technology-related news from News.com and Bloomberg. In addition, investors can receive recommendations from analysts. In
        78 words
      • Article
        Web design: cost may not count
        102 16 A MULTI-MILLION dollar Web site may not be the best in terms of Web design, according to a study conducted at the Web Builder conference in the US last year. In the test of 10 Web sites, participants ranked a site reportedly costing US$3OO
        102 words
      • Article
        Infoseek buying online chat service
        94 16 SEARCH engine firm Infoseek (http://www.infoseek.com) is buying over the Web Chat Broadcasting System (WBS), a community Website. Infoseek is paying US$6.7 million (5510.7 million) for WBS which has about 2.7 million members. The free Web site offers online interactive services such as chatting, homepages, newsletters
        94 words
      • Article
        Beauty pageant for the Net savvy
        140 16  -  Compiled by! Francis Ang APPLICATIONS are opened for ladies, aged 15 to 28, who possess beauty, charm, personality as well as good Internet knowledge to join the first Miss Internet World Singapore 1996. Singapore, Malaysia and the Philippines will be the three countries in
        140 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      157 16 e-business J what's it all about? E-business is what happens when m-ans Web enabling businesg process to improve customer service, reduce cycle time, you connect your critical business and get more a softsystems directly to your customers, ■HLnnMHi thousands of companies deliver and AnJ b( auS( BM s utions are
      157 words
    • Advertisement
      Page 16 Advertisements Column 2
      5 16 brought to you by ssfsr
      5 words
Page thumbnail Page 17
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon HPL to sell 20% Canary Riverside stake for £10m
      364 17  -  Buyer Pidemco Land's stake in the London project will grow to 50% By Jenny Lam [SINGAPORE] Hotel Properties Ltd (HPL) is selling a 20 per cent stake in the Canary Riverside project in London to Pidemco Land for £10 million (5526.6
      FILE PHOTO  -  364 words
    • Article, Illustration
      Lock icon GIC and Temasek buy stakes in Bangkok Bank
      558 17  -  Moves seen as show of confidence in Thai long-term strength By* Conrad Raj [SINGAPORE] The Govern ment of Singapore Investment Corporation and Temasek Holdings have taken small but significant stakes in Bangkok Bank. Thailand's largest commercial bank. A Bangkok Bank spokesman yesterday
      FILE PHOTO  -  558 words
    • Article
      Elec & Eltek plans to axe 140 staff in revamp
      243 17 Elec Eltek plans to axe 140 staff in revamp I [SINGAPORE] Mainboardlisted printed circuit board manufacturer, Elec Eltek International Company Ltd, yesterday announced that it was going to streamline its printed circuit board operations in Hongkong and Thailand. As a result, 140 employees will be laid off. It blamed its
      243 words
    • Article
      They still don't believe the bubble is about to burst, Al?
      967 17  -  HOCK LOCK SIEW Anthony Rowley IT HAS been a while since I called my friend Alan Greenspan but the temptation to gloat had become too great to resist. "Al," I said as the operator connected me to the office
      967 words
    • Article
      Vickers Ballas to pay less for new shares in Nava Sec
      345 17  -  S'pore broker paying 8 baht a share less; no reason given w Teh Hooi Ling [SlNGAPOßE] Listed stockbroker Vickers Ballas said yesterday its purchase price for 17.35 million new shares in Thailand's Nava Securities Co Ltd has been revised
      345 words
    • REGIONAL COMPANIES
      • Article
        China Telecom (HK) buys Jiangsu Mobile
        696 18  -  HKs22.sb price is largest injection of mainland assets ever by a red-chip firm From' Quak Hiang Whai in Hongkong CHINA Telecom (Hongkong) yesterday agreed to buy the lucrative Jiangsu Mobile Communication Co for HK522.47 billion (554.6 billion) in what was the largest injection of
        696 words
      • COMPANY Briefs
        • Article
          Zagro plans bonus issue
          47 18 (SINGAPORE] Zagro Asia has proposed a 1-for-l bonus issue of 115 million shares to raise its capital base in line with the expected expansion of the group's regional agri-healthcare business. The issue is subject to the approvals of the stock exchange and shareholders.
          47 words
        • Article
          ST Computer in smart card venture
          91 18 [SINGAPORE] ST Computer Systems Services Ltd yesterday signed a joint venture agreement with organisations and cooperatives under the National Trades Union Congress and the National Computer Board to manage a smart card business. The smart card will be promoted as NTUC Link smart card.
          91 words
        • Article
          Showpla unit gives up lease to JTC
          52 18 [SINGAPORE] Showpla Asia said its subsidiary, Qian Hui Manufacturing (S) Pte Ltd, has accepted the offer to surrender the lease of Lot No 459 Mukim No VII together with the building erected to Jurong Town Corporation. The offer received for the property is
          52 words
        • Article
          IDT stock to trade in US OTC market
          80 18 [SINGAPORE] Mainboard-listed IDT Holdings Ltd has established a sponsored Level-1 ADR (American Depository Receipt) programme allowing the company's stock to trade in the over-the-counter market in the US. The Bank of New York has been appointed the depository bank for the ADR
          80 words
      • Article, Illustration
        Lock icon MAS to finish revamp before June
        200 18 AFP [KUALA LUMPUR) Malaysia Airline System Bhd (MAS) plans to complete its restructuring exercise before starting operations from the new international airport here in June, a report said yesterday. MAS executive chairman Tajudin Ramli was cited by the New Straits Times as saying the
        AFP  -  200 words
      • Article
        San Miguel's 91% profit dive shocks analysts
        283 18  -  Q1 results prompt downgrade of rating from 'buy' to 'sell' /"Yom Al Labita in Manila FOOD and beverage giant San Miguel Corp (SMC) reported a 91 per cent plunge in profit to 103 million pesos (Ss4.l million) in this year's first quarter, the
        283 words
      • Article
        Lock icon SHK Properties in cheaper loan bid
        285 18 Bloomberg [HONGKONG] Sun Hung Kai Properties Ltd may pledge property to borrow HK$5OO million (*****.8 million), the first time in three years that Hongkong's biggest developer has offered collateral in return for lower borrowing rates, bankers said. In the clearest sign yet of just
        Bloomberg  -  285 words
      • Article
        Lock icon Sino Land down 8% after Nan Fung's chief ups stake
        178 18 Bloomberg [HONGKONG] Sino Land Co shares fell 8.5 per cent following Monday's news that Chen Din Hwa, chairman of pri-vately-held Nan Fung Development Ltd increased his stake in the company to 12.05 per cent. This is the second time that
        Bloomberg  -  178 words
      • Article, Illustration
        Lock icon Sony Music's earnings treble in second half
        492 19 Surge due to strong sales of home video game machine, Titanic soundtrack Bloomberg [TOKYO] Sony Music Entertainment (Japan) Inc's fiscal second-half earnings rocketed on strong sales of the Play Station home video game machine and soundtrack to the movie Titanic. Implied group net
        Bloomberg; FILE PHOTO  -  492 words
      • Article
        Lock icon Sumitomo Bank raises loss forecast
        367 19 This is dne to a one trillion yen writeoff in bad loans Bloomberg [TOKYOJ Sumitomo Bank Ltd, Japan's second-largest lender, became the latest in a wave of Japanese banks to increase its loss forecast for the year ended March 31 in order to speed bad-loan
        Bloomberg  -  367 words
      • Article
        Lock icon Moody's puts Kirin unit under review
        165 19 AFP [TOKYO] US ratings agency Moody's Investors Service said yesterday it has put the Finance subsidiary of Japan's Kirin Brewery Co Ltd under review for a possible downgrade. The move came a day after Kirin took a 45 per cent stake in New Zealand
        AFP  -  165 words
      • Article
        Lock icon National Foods bids A$316m for rival
        203 19 Bloomberg [SYDNEY] National Foods Ltd has bid As3l6 million (*****.8 million) in cash for rival Australian dairy company Pauls Ltd to complete its national network ahead of deregulation. The Melbourne-based company is offering AJ3.85 a share for Brisbane-based Pauls. The offer was quickly rejected
        Bloomberg  -  203 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Sun to spend over US$1b on R&D in '98
        157 20 Bloomberg [PALO ALTO, California] Sun Microsystems Inc said it plans to spend more than US$l billion (Ssl.6 billion) on research and development this year as it focuses on enhancing its Solaris Unixbased system, storage and Java technology products. Sun Microsystems, which
        Bloomberg  -  157 words
      • Article
        Lock icon US may delay release of Microsoft's Windows 98
        385 20 Restraining order among options being considered by anti-trust regulators Bloomberg [WASHINGTON] The US Justice Department is considering seeking to delay the release of Microsoft Corp's much-anticipated Windows 98 operating system, due to be delivered to PC makers in three weeks, a person
        Bloomberg  -  385 words
      • Article
        Lock icon Dell sees robust demand for PCs
        195 20 Bloomberg [SAN FRANCISCO] Dell Computer Corp said demand for its personal computers is "robust" and it expects shipments in the industry to grow 14 per cent to 20 per cent this year, fuelled especially by strength in Europe. "Domestic demand is very, very robust,"
        Bloomberg  -  195 words
      • Article, Illustration
        Lock icon Latest offerings from HP
        54 20 [NEW YORK] Jacques Clay, vice-president and general manager of Hewlett-Packard's commercial personal computer business, holding one of HP's new notebook computers before a news conference here on Monday. Mr Clay announced a new line of notebook computers as well as new business initiatives for the world's
        REUTERS  -  54 words
      • Article
        Lock icon Lucent to buy Yurie Systems for US$1b cash
        309 20 Move will boost its market share of data network equipment Reuters [NEW YORK] Lucent Technologies Inc said on Monday it will acquire Yurie Systems Inc, a leader in equipment for data, voice and video networking, for about US$l billion (Ssl.6 billion) in
        Reuters  -  309 words
      • Article
        Lock icon Kodak loses appeal, must pay rivals more than US$35m
        319 20 Bloomberg [WASHINGTON] Eastman Kodak Co must pay more than US$35 million (5555.8 million) to rivals that maintain and repair its copiers after the US Supreme Court left intact an anti-trust judgment against the Rochester, New York-based company. The high court's rejection
        Bloomberg  -  319 words
      • Article
        Lock icon Zenith selling its HQ to avoid bankruptcy
        279 20 Bloomberg [GLENVIEW, Illinois] Zenith Electronics Corp has put its north suburban Chicago headquarters up for sale, part of a major reorganisation designed to avoid bankruptcy. Zenith said on April 17 that it will fire 800 workers at an Illinois picture-tube plant starting this
        Bloomberg  -  279 words
      • COMPANY Briefs
        • Article
          Lock icon Deutsche Telekom Q1 gain up 18%
          81 20 Bloomberg [BONN] Deutsche Telekom AG said yesterday that first-quarter profit rose 18 per cent as the company raised its fees for cable television. Profit rose to one billion Deutschemarks (SsB9o million) from 850 million marks a year earlier. Pretax profit rose 9 per cent
          Bloomberg  -  81 words
        • Article
          Lock icon Astra profit rises 12% to 2.8b kroner
          68 20 Bloomberg [STOCKHOLM] Astra AB said first-quarter net roee 12 per cent as surging sales of ulcer treatment Losec, the world's biggest-selling prescription drug, boosted its cash pile to US$3.5 billion (555.6 billion). Profit at the Swedish drug company rose to 2.796 billion kronor
          Bloomberg  -  68 words
        • Article
          Lock icon Union Carbide earnings down 8.4%
          87 20 Bloomberg [D ANBURY, Connecticut] Union Carbide Corp said first-quarter profit fell 8.4 per cent on lower prices for some products and weakness in Asia, and warned that higher costs could make the company miss its growth goal this year. The chemicals and plastics maker said
          Bloomberg  -  87 words
        • Article
          Lock icon Hitachi mass producing 250mb chips
          77 20 Reuters [TOKYO] Japanese electronics maker Hitachi Lid aaid yesterday it will start mass production 0f256-megabit flash memory chips early next year. The company will initially produce about 900,000 of the chips per month at a factory in Ibaraki Prefecture, north of Tokyo, a spokesman said.
          Reuters  -  77 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Sovereign Bancorp to buy 95 First Union branches
        378 21 USs3lBm purchase comes as First Union sells branches, deposits to satisfy regulators Bloomberg (WYOMISSING, Pennsylvania] Sovereign Bancorp agreed to buy 95 branches from First Union Corp in eastern Pennsylvania for US$3lB million (SssoB million). Sovereign, a thrift with US$lB.l billion in deposits,
        Bloomberg  -  378 words
      • Article
        Lock icon Stanchart seeks majority stake in Thai bank
        344 21 Chairman says bank is keen on retail business AFP [BANGKOK] British-based bank Standard Chartered pic plans to take a majority stake in a Thai bank as part of a drive to boost its market access here, reports said yesterday. Bank chairman Patrick Gillam,
        AFP  -  344 words
      • Article
        Lock icon Ex-chairman of Ka Wah Bank arrested in Beijing
        225 21 Bloomberg [HONGKONG] Ka Wah Bank Ltd said its former chairman, Jin Deqin, was arrested in Beijing for alleged commercial crime, days after he left the bank, but that "the case hasn't affected the interests ofKa Wah". Mr Jin joined Ka Wah, controlled
        Bloomberg  -  225 words
      • Article, Illustration
        Lock icon Amex prefers global alliances to mergers
        204 21 Bloomberg [NEW YORK] American Express (Amex) would rather form partnerships and alliances with banks and other financial services companies around the world than merge with one of them, chairman and chief executive Harvey Golub told shareholders at the company's annual meeting on Monday. New
        Bloomberg  -  204 words
      • Article
        Lock icon AIG sees gold in insurance from El Nino
        306 21 Bloomberg [NEW YORK] American International Group Inc is betting that El Nino has battered enough companies' earnings this year to spur demand for weather insurance. Dozens of companies blame El Nino, the warm water mass off the West Coast, for damaging profits
        Bloomberg  -  306 words
      • Article
        Lock icon Euroyen, JGBs surge as rate fears fade
        210 21 wmti» Report Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures surged yesterday after concerns over a possible near-term rate hike by the US Federal Reserve faded. An auction for six-year bonds earlier saw very good demand which gave both the cash
        Reuters  -  210 words
      • Article
        Futures contract volume hits record high
        168 21  -  MSGITAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract traded a record high of 14,268 contracts yesterday, breaking the previous record of 10,665 contracts traded on Oct 29,1997. Open-interest was also a record at
        168 words
      • Article
        Lock icon Opec keeping to smaller output promise
        284 21 ENERGY REPORT Reuters [LONDON) Oil producers from the Organisation of Petroleum Exporting Countries (Opec) are mostly making good on promises to withdraw output from a saturated market but the full impact of the reductions won't be clear for a few weeks yet, industry monitors
        Reuters  -  284 words
      • Article
        Lock icon CURRENCY REPORT
        269 21 Bloomberg New York THE dollar was up against most major currencies early yesterday, recouping losses from the day before thanks to technical factors and sales of German marks for yen and Swiss francs. Around 10:15 a.m. (1415 GMT), the dollar was trading at 1.7950 German marks against 1.7877
        Bloomberg  -  269 words
      • Article, Illustration
        Untitled
        1023 21 rraBAMEOTOSSEATBS A r 2H AS 8* ta Fir m Mill*** T- 8w 1 BSPrtli N» S$ 8m4 W< tm *mi Antral* OJM 408 0504 1174 IBS 4999 ***** 5UC MSI 44#7 4435 *****44*} »890 1029 3258 490 4384 0.645 rmf. 1071 1770 0430 4.175 1245 1304 27.40 5148 490 9571
        1,023 words
    • Article
      COMMODITY PRICES
      1822 22 SICOM FUTURES 'Apr 28 RUBBER (futurw closing *s *t 5.30pm) RSS1 CONTRACTS ctfitsAg) Close Volume Open Month High Low Sett (tomm) Interest May 98 119.00 300 WOO Jwi 98 19.00 240 K50 Jul 98 19.00 200 2915 Aug 98 ***** 1515 Sep 98 123.25 1515 Oct/Occ 98 12T.25
      1,822 words
    • Article
      WORLD STOCK MARKETS
      2330 22 LONDON Industrials Apr 28 Nnct 3] Croup 589.400 3.000 AB Ports 353.400 -1.600 Abbey National 1119.000 6.000 Allied Dom*cg 620.000 2.000 Aitik 175.000 2.000 AsOa Group 194.000 5.600 BAT tad 570.000 10.000 BG PIC 307.200 2.200 BICC 174.000 8.000 BOC Group 978.000 6.000 BR Petroleum 911.400 18.400
      2,330 words
    • Article
      Lock icon TOKYO
      1641 22 AFP P Nikka 225 -***** JAPANESE share prices hit a three-month low yesterday as declines on Wall Street the previous day alarmed investors, brokers said. The Nikkei stock average of 225 selected issues on the Tokyo Stock Exchange fell 254.52 points, or 1.6 per cent, to close at 15,395.43.
      AFP  -  1,641 words
    • Article, Illustration
      Lock icon HONGKONG
      1510 23 Reuters yiHangSeag +84JH) HONGKONG stocks staged a comeback in afternoon trade to close higher yesterday as investors covered short positions and hoped Wall Street was heading for recovery, brokers said. The Hang Seng Index ended up 84.90 points, or 0.80 per cent, at 10,678.61 after hitting a low of
      Reuters  -  1,510 words
    • Article, Illustration
      Lock icon CHINA
      638 23 Reuters n Shenzhen B Index -0.96 CHINA'S hard currency B shares ended lower yesterday as weak corporate results triggered renewed selling, brokers said. Shanghai's B Share Index ended down 0.675 point, or 1.35 per cent, at 49.149 on thin turnover of U552,268 million, though that was up from U551,979
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  638 words
    • Article
      Lock icon TAIPEI
      371 23 AFP □WPlnla -3195 TAIWAN share prices dropped for the second consecutive day, slipping 0.4 per cent Tuesday depressed by sharp overnight losses on Wall Street, dealers said. The Taiwan Stock Exchange Weighted Price Index dropped 36.95 points to 8,434.67, following a 1.9 per cent plunge on Monday. The local
      AFP  -  371 words
    • Article, Illustration
      Lock icon BANGKOK
      802 23 AFP P SET Index +0-71 THAI share prices recovered from earlier weakness to gain 0.2 per cent in thin trade yesterday after international markets plunged overnight, analysts said. The Stock Exchange of Thailand (SET) Composite Index moved up 0.76 points to close the day at 419.55, in thin trade
      AFP  -  802 words
    • Article
      Lock icon MANILA
      331 23 AFP PI Manila +4J) PHILIPPINE share prices rose 0.2 per cent in a technical rebound, analysts said. The Philippine Stock Exchange Composite Index rose 4.5 points to close at 2,126.69 points. Turnover dropped to 585.32 million shares worth 833.97 million pesos from Monday's 824 million shares worth 642 million
      AFP  -  331 words
    • Article
      Lock icon SEOUL
      401 23 AFP P Composite Indei -3*86 SHARE prices fell slightly yesterday on the Korea Stock Exchange, with retail investors taking to the sidelines following sluggish foreign and institutional buying, dealers said. The composite index closed down 3.86 points at 402.39, ofTa low of 399. 48. The benchmark corporate bond yield
      AFP  -  401 words
    • Article
      Lock icon SYDNEY
      597 23 AFP P M Ordinaries -36.7 THE All Ordinaries lost 1.3 per cent yesterday, its fourth consecutive daily fall, to end 36.7 points lower at 2,781.3. The Australian bourse is primed for a major tumble in a cyclical correction following six months of gains, technical analysts said yesterday. After hitting
      AFP  -  597 words
    • Article
      Lock icon WELLINGTON
      270 23 AFP n Wellington -47.52 THE New Zealand share market closed down 2.1 per cent influenced by falls on Wall Street, dealers said. The NZSE-40 index lost 47.52 points to 2,240.09. Brewer Lion Nathan Ltd fell 12 NZ cents to NZ$4.BB, following the purchase of 45 per cent of its
      AFP  -  270 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3612 24 BONOS, LOANS ft WAMANTS m 1998 LMt Vol Doy tMt Qooto _A»« High Low Stfio Company Soto *or- COOO> High Low Buyor So«of _M» 215 9 m 3000 m AMDBcS.5%*****6 12.5 11.5 13.5 20.5 8 3160 *Acor ******1 US$ 11.5 unch 10 11.5 11 11 12 95 8.5 3164 Ac
        3,612 words
      • Article
        Venture Mfg's shares a better bet
        168 24  -  WARRAMT WATCH -By] R Sivanithy IT'S not easy finding a deep-in-the-money warrant in the Singapore market as the majority of stocks have fallen below the exercise prices of their warrants. However, one exception is Venture Manufacturing, which has held up remarkably well in a
        168 words
    • Article
      CLOB INTERNATIONAL
      2333 24 Transaction date Apr 28 MALAYSIAN STOCKS Gr Gr 1996 Last Vol Day Last Quota Otv Mv VM Not M Cap Hi» Law Stwo Cawpwiy Sala *h rOOO) MUh Le» Invar Mhf Cvr P/I 135 28 mi 5000 AISB50C 66.5 *5.5 407 67.5 56.5 66.5 67 5.0 3-3 16
      2,333 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6705 25 Transaction date: Apr 28 Cr Cr M Wt 1998 Last Vol Day Last Ouolt Mv Dlv YM Nat Cap Av« Hlgft Law StNo Company Sale COOO) High Law Buy* s u r c f p/l Sm PTk INDUSTRIALS 43 18.5 a 1020 ACE Dynamlcs60c..
      6,705 words
    • Article
      SESDAQ
      1229 25 C» Or M Wt 1998 Last V« Day Last Ouata Wv Otv Yld Nat Cap A»« High Law StWa Company Sala COOP) High Law Buyar SaPar C'yr P/t S*>< Prlct 134 92 2000 ABR Hldgs 5c 103 -1 31 103 100 101 K>3 $0.2 103 243 76 2049 AS
      1,229 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        226 26 Stocks Volume •RHB Cap Wt99 15,994.000 •Rekapacific Bh 9,690,000 Easyknit HMOc 8,096,000 •MBf Capital 7,637,000 *M Resources 7,477,000 •Renong Bhd 50c 5.324,000 SingTel 15c 4,381,000 •Promet 3,975,000 ST Capital R 3,813,000 •RHB Cap Bhd 3.719,000 Stocks DBS Foreign 21,823,220 City Dev 50c 15,447,198 SPH 1 15,322,748 UOB Foreign 11,472,204 SingTel
        226 words
      • Article, Illustration
        HOT STOCK
        63 26  -  -by\ Shiv Taneja SESDAQ-LISTED Twinwood Engineering closed one cent higher yesterday at 16.5 cents on a volume of 2.25 million shares, compared with its 10-day traded average of 406,500 units. The daily RSI and Stochastics are calling for a buy in the short term. However, according to the
        63 words
      • Article, Illustration
        Lock icon Shares recover after early scare over US interest rates
        676 26  -  STOCK MARKET COMMENTARY Recovery helped by news that US rate rise is unlikely; morning slide caused by report that Fed is leaning towards a hike By R Sivanithy [SINGAPORE] An alarming slide in local stocks in the morning was quickly arrested
        Chart mto from Bridge  -  676 words
      • ON THE GRAPEVINE
        • Article
          Prepared 2 Pay
          101 26 THERE'S been a flurry of debate on the Internet (soc.culture.sg) on the P2P tender fiasco and Singapore's "flawed public tender system". Someone wanted to know what P2P stands for. A wit suggested it meant if you don't know how to draft an agreement, you must be Prepared
          101 words
        • Article
          A true heroine
          162 26 REMEMBER the mentally-disturbed woman who threw a Hongkong land auction into chaos last year when she out-bid several major property developers, including Ng Teng Fong, for a commercial plot of land with a HK$B9O million (*****.1 million) bid? The woman claimed she was the legendary Cantonese movie
          162 words
        • Article
          Men in the Net
          139 26 IT WAS probably serendipity. At last Sunday's 17th Hongkong Film Association's awards, its most famous son Jackie Chan asked the Hongkong government to take stronger action against video pirates, pointing out that such intellectual piracy was plundering their industry. Mr Chan's other colleagues, including Michael Hui,
          139 words
        • Article
          Get well soon, Tuan
          67 26 THE economic crisis has hit Malaysian Finance Minister Anwar Ibrahim personally. Mr Anwar, who is also Deputy Prime Minister, was suffering from a cold when he chaired a meeting with bankers and developers just this Monday. At a press conference later, he diagnosed his malady as
          67 words
        • Article
          Where are yon, Simon?
          103 26 SIMON Chan Ying Ming has been in Hongkong's news quite often of late. But the former financier and chairman of Billion International appears to have disappeared. In an unusual press statement yesterday, the Stock Exchange of Hongkong said it has. after a number of attempts, not
          103 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      204 17 Show Up At The Region's Most Established Building Event HSIBEX'9B The 16th Southeast Asian International Building and Construction Exposition The Hardware Exposition The Asian Interior The Ist Asian International Stone Technology Exposition SlNGfl?Ofie9B The 2nd Computer Show tor the Design and Construction Industry 13 -16 May 1998 Singapore International Convention
      204 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      49 18 it will move you in ways Volvo never has. Wwlß^^Bmm*^£BHß& K ''V'" x liißMMßW'luyaßHßr' > *'.<!*?'«, ajMP* l v >•■ *7<V', ip- ;*&■s MaKslf s V J* J .9|KfJ x* iJp^ jf <I^b m. 1 yfr/ I 5 lk/ Y., y -fr V, i Ifc. 1-.2*. JjC 9hdlitfik- v 4
      49 words
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      251 20 No Other Airline Unites The States Better From Singapore. JH s Northwest !Tiv 200 citi«s from West to East Coast T*** a i Vancouver.-- v. Calvary Wmntpty j Seattle ,s Portland "j i s nm > Boston S M jp»::;.._ 'sacrament. Pes tonnes Francisco Denver j '.KbHhsKw Tokyo s Las
      251 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      129 21 if Year 2000 is coming. I I Is your accounting software ready? I j Chances are high that your accounting software is not Year 2000 compliant. H Chances are equally high that your accounting software is not realtime. Your H accounts staff still have to do batch processing (old, outdated,
      129 words
    • Advertisement
      Page 21 Advertisements Column 2
      9 21 The Straits Times Classified Where qf hy your garage
      9 words
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      66 23 If only evrything in life was as reliable as a Volkswagen The Jakarta stock market was closed yesterday for a public holiday I wanna Wfe* free! 1 If it's time you take a break, explore the Travel Section in the Classified. Whether it's a leisurely cruise, a free 'n' easy
      66 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      38 24 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE C ITI NEVER SLEEPS Branches at I Shenton Way 268 Orchard Road 21 Jurong East St 13 w w w.citibank .com, tg
      38 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      124 25 LEICA PRADOVIT 150 IR APO-TELEVID 77 Angular APO-TELEVID 77 Straight minilux Z2X mini 3 R 8 Nftf u dAft Our recommendations for a diversified portfolio. IMI When you're looking for safe investments, you can on Leica cameras, binoculars, PV telescopes and slide projectors. Its German technology you bank TRINOVID TRINOVID
      124 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      1106 26 BUSINESS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SECURITY PACIFIC ASIA LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the
      1,106 words
    • Advertisement
      Page 26 Advertisements Column 2
      434 26 THE COMPANIES ACT. CAP.SO NEW CENTURY MUSIC ARTS ACADEMY PTE LTD (In Liquidation) Atageneral meeting of NEWCENTURY MUSIC ARTS ACADEMY PTE LTD duty convened and heid on the 24th day of Apnl. 1998 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      434 words
    • Advertisement
      Page 26 Advertisements Column 3
      402 26 SHERIFF'S SALE MOTOR SHIP OR VESSEL "DA STAR" (Admiralty in Rem No. 2 of 1998) PARTICULARS OF VESSEL Name of Vessel "DA STAR" Call Sign H3KN Port of Registry PANAMA Type A single deck motor log/general cargo vessel of all Steel welded construction, with three cargo holds. 4 derricks forward
      402 words
    • Advertisement
      Page 26 Advertisements Column 4
      335 26 NOTICE IS HEREBY GIVEN that, I Kim Ok Hee of 90, St Francis Road #10-02 St Francis Court Singapore *****1. have applied for a Public House (2nd Class) Licence in respect of M/s Ko Ryo Jeong Restaurant Pte Ltd located at 10, Anson Road #02-59/83 A/85 International Plaza Singapore *****3,
      335 words
Page thumbnail Page 27
  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      304 27 Bridge News, Reuters TRADING began slowly with the coming two weeks expected to be slow with the approach of Japanese Golden Week and the May Day holidays. Much of business reported largely entailed clarifying business concluded at the end of last week. Futures have yet to find a
      Bridge News,; Reuters  -  304 words
    • Article
      MARITIME STOCKS
      294 27 SES '000 *r2i a *1- vt CWT Distribution 0.68 ChuanHup 0.47 +0.005 68 Cosco Investment 0.80 Freight Links 0.305 -0.005 88 GQ Holdings 0.315 Hai Sun Hup 0.53 -0.02 237 Hitachi Zosen 0.705 *0.015 80 IMC Moldings HK 5.60 Java Holdings 0.46 -0.005 7 Jurong Shipyard 7.80 unch
      294 words
    • Article, Illustration
      Lock icon President Marine cushioned from crisis
      467 27  -  Local shipbuilder has diversified into European, Middle Eastern markets By. Marcus Hand [SINGAPORE] Local shipbuilder President Marine has been largely protected from the region's economic crisis by its diversification into the European, Middle Eastern and South American markets in recent years. The yard, which specialises
      CHRIS LOH  -  467 words
    • Article
      Missing Malaysian tanker highlights need for ship identification
      755 27  -  STRAIT TALK Hy\ Seafarer AS Seafarer penned this column Malaysian. Australian, Singapore and Philippine maritime agencies were engaged in a massive hunt for the 11,000 dwt tanker Petro Ranger. The ship was missing after setting out from Singapore on April 16 for
      755 words
    • Article
      Lock icon Aussie waterfront lags behind other world ports
      367 27 System of inflexible work practices impeding efficiency: govt report Reuters (CANBERRA] The Australian waterfront could significantly improve its productivity and cut costs, a government advisory body on economic efficiency said yesterday. In two reports issued together, the Productivity Com mission found that local
      Reuters  -  367 words
    • Article
      Triple A alliance to offer 2 services
      202 27  -  By Marcus Hand [SINGAPORE] The four member lines of the new Austra-lia-Asia Alliance (Triple-A) have formalised the consortium in an agreement signed in Sydney last week. The alliance comprising Malaysian International Shipping Corporation (MISC), Overseas Orient Container Line (OOCL), Pacific International Line (PIL)
      202 words
    • Article, Illustration
      Lock icon Dogfight of the 100-seaters
      994 28 ANOTHER BOEING-AIRBUS BATTLE The rivals have put aside the fight for supeijumbo dominance for the potentially bigger market for a 100-seat jet Bloomberg (TOULOUSE. France) UNTIL recently, the fight between Boeing and Airbus Industrie for future dominance in commercial aircraft focused on a sexy giant, a
      Bloomberg  -  994 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      367 28 PACE EIS 14 9 ESP lines 14 ANl 3 6 i Accord B Eyw re n 6 Ahrenkiel 14 Farwide 14 Appensh.p 5 8 AsiaOCL 15 FroU 15 8 Astro 3 WLinkj Austral 9 CUnk 4 Avant 16 Gemartrans 8 B tang Mas
      367 words
    • Article
      SHIPPING GUIDE
      16538 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT CTA ETA Advartijar Vnul Voyaqa T»l»pJioo« CTA ETA Advartisar Va» sal Voyaqa Taiaphona SIN OMt'n Nam* Nam* Numfcar Numbar SIN Oalt'n Nam* Nama Numbar Numbar To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 30/04 ivm nyk la bonita owss 45-2****** Ivory Coast, Cote D'lvoire
      16,538 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        759 43 Vessel Voy No Berth Arrival Departure J»m Part Batukcin 005 JOT alongside 28.04/1830 St Mrizal APR28 J01 alongside 29 04/0800 Bt Call Indra *****8 J01 alongside 28.04/2300 9, MHtf 0*6098 J01 alongside 29.04/0600 8t Soatt APR27 J01 alongside W <V VP. 7 °P Bt W li *****6 J01
        759 words
      • Article
        CONTAINER SCHEDULES
        1833 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booking/B«l*oct Rstls SMp Voy Mo Etb/Btr Ported Frew To Frow to Lily 00M 01/KM 2J/O00 21/K5* 21/OM 21/OM 21/K5* tt/MO a 21/1200 n/o*s* anwo a ztflm a/o*s* n/owo i a/oroc 20/10* 2o/moo 4 n/nw 2o/ms* anm to sm U« MM
        1,833 words
      • Article
        GLOBAL HOLIDAYS
        208 43 Apr 20 Japan: Greenery Day. Apr 30 Finland: May Day Eve. Netherlands: Queen's Day. Mayl Austria: Public Holiday. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour Day. Germany: Labour Day. Greece: Labour Day. Italy: Labour Day. Luxembourg: May Day. Malaysia: Labour Day. Mexico: Labour Day.
        208 words
      • Article
        COCKETT BUNKER MARKET REPORT
        957 43 THIS report compiled by Cockett Marine OU Ltd. show* price renin In US dollars instead of single prices for a more comprehensive description of the market Price* shown are based on average-slxed stem Market movements are indicated The Cockett Bunker Price Index change and the individual
        957 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        421 43 Carbon 180 Mu 989.4 0.7 18.0 0.08 123 0.06 >i DmhMv Water iisMut A*b flhimlnhim Sidlnwirt No above E25 0 0 8 0 *J1 2222 380 AM 986.0 0J 16.0 0.06 29 0.03 380 Mu 992.9 2.0 19.6 0.U 62 0.07 iWi %y/v %M/M WM <—*>—
        421 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Amtrak's passenger traffic up in second quarter
        304 44 Bloomberg [WASHINGTON] Amtrak's ridership increased in the second quarter of fiscal 1998 compared with the year before in spite of weather-relat-ed service disruptions in California, the national passenger railroad said. Ridership rose 5.8 per cent in the quarter. Amtrak carried 4.74 million passengers
        Bloomberg  -  304 words
      • Article, Illustration
        Volvo to unveil all-new top-of-the-range model
        423 44  -  The SBO will be launched at a world premiere in Sweden on May 28 Byy Christopher Tan [SINGAPORE] Volvo Cars will present an entirely new top-of-the-range model at a world premiere in Goteborg, Sweden, on May 28. The Asian headquarters based here timed the
        423 words
      • Article, Illustration
        Lock icon Delta optimistic about talks with pilots on alliance with United
        278 44 Bloomberg [ORLANDO, Florida] Delta Air Lines Inc chief executive Leo Mullin said the airline made "considerable progress" with its pilots union towards a proposed partnership with UAL Corp's United Airlines. Mr Mullin, speaking at an international airline conference here, added
        Bloomberg  -  278 words
      • Article
        DHL opens US$827,000 gateway in Penang
        219 44  -  By\ Marcus Hand [SINGAPORE] International courier firm DHL Worldwide Express has invested over U*****,000 (Ssl.3 million) in a new gateway in Penang, which opened recently. The new 4,155 square metre facility is the largest gateway facility owned by an independent express operator in Malaysia.
        219 words
      • Article
        Lock icon Six bids received for stake in Uganda Airlines
        221 44 Reuters [KAMPALA] Six pre-qualifi-cation bids to buy a stake in state-owned Uganda Airlines were received on Friday, the Ugandan privatisation unit announced. The companies bidding were British Airways, Kenya Airways, Alliance Air, Sabena, Air Mauritius and Aero Zambia/Interair, privatisation unit information officer
        Reuters  -  221 words
      • Article
        Lock icon Japan's car exports up
        106 44 AFP [TOKYO] Japan's motor vehicle exports in March rose 13.0 per cent from a year earlier to 402,489 units, the 22nd consecutive year-on-year increase, an industry group said. Car exports in the month increased 18.9 per cent to 317,628 units, the 19th straight month of growth,
        AFP  -  106 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1816 44 CITY FUGHT ETA FLIGHT ETD S01T5 1840 S0176 1105 MlMlB S0230 1910 I **740 1410 Amstartoa KL845 0450 KLS38 2300 H*** Mt893 ,1M> M,W4 0735 ***** 0755 TG407 1540 TG408 1635 Kl837 1455 kW Qg ATW MS AuctM N***** 2050 NZ4285 2045 W.osMm S0977 1700 S0978
        1,816 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      15 27 Dogfight of the 100-seaters Boeing, Airbus are now battling for the market for a 100-seatjet.Page2
      15 words
    • Advertisement
      Page 27 Advertisements Column 2
      167 27 Volvo to unveil all-new model The SBO will be launched at a world premiere in Sweden on May 28. Back Page Meeting the Challenge of the YEAR EODO in the Shipping and Transport Industry Identify the problem areas and determine practical ways forward 9 JUNE, HILTON INTERNATIONAL, SINGAPORE PROGRAMME HIGHLIGHTS
      167 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1192 28 NORTH AMERICA I I EXPORT I 1 OTHER DESTINATIONS SSX SUPER SHUTTLE EXPRESS DIRECT TO LA DIRECT SERVICE TO WEST COAST SOUTH AMERICA/ASIA ANDES EXPBESB SERVICE W KSSH VOY ETA SM FID SM LCI Mi HOU OK KT HHUCOOTY VYSSH VOY SM MANZANKIO OUENAVtNTIMA OUiO >0 WUMUE ANTOEASASTA VAtfIMUHO =s
      1,192 words
    • Advertisement
      Page 28 Advertisements Column 2
      708 28 #M emb er So (i Kiss Merrbers o> Registry at MTn Sogapore Fre>ghT Forwarders Accredited Shipping Agents UUV Assoc aton V'i'V Singapore Shipping Association Send out 48,000 Place an ad in... Shippingtimes Just talk to as». Iris Um 740 2044 J*rod Leonq 740 2089 EXPORT 3 x Japan -2 x
      708 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1091 29 TO EUROPE FROM EUROPE VESSEL VOY SIN RTM AMR HAM RRV SOU fXT UH VISSft VOY RTM AIM HAM *V SOU KT UN SIN HY COMMOOORE Sl7B 30/04 23/0S 20/0$ 21/05 U/OS THAMfS *151 U/040«/04 09/04 04/04 10/04 RHINE 1171 01/05 17/05 19/05 22/05 2J/05 NOIAGAT! 4154 15/04 11/04 14/04
      1,091 words
    • Advertisement
      Page 29 Advertisements Column 2
      1870 29 (2) HANJIN SHIPPING HANJIN SHIPPING |S) PH LTD hn* In** am MOMNC 37*0735 737 SUB 37*0774 731 OOCUtKM 37*0771 774 OrtIATKW 37*0741 757 MAIN Llttf *****55 ttl 272W40 CI W ************ TO NW USA A CANADA USA CANADA* fOR VSL/VOT |IW| HI UNI HAUL/VOT StA TIW DM I PPI [CHI
      1,870 words
    • Advertisement
      Page 29 Advertisements Column 3
      327 29 FULLY CONTAINIRISID DIDICATID HtVIClt VESSEL VOY_ _Sjjj_ PK6 VOT SRI _H*G_ J£l_ JSR_ _PUS_ l^ l vor *!L K)SN 124/041 KJRTC ULSAR 004S 14/04 21/04 *04* 22/04 24/04 21/04 30/04 01/05 OAS I 11/041 IwtISSHMN M6R loi/osl 0105 (MTCPUSAN _*****_ 24/W 01/ OS 03./Q5 OS/OS 04/0S RMTC KffLUHG MX I
      327 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1539 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDi'i'tJ^RANEANCANAPA VtSSfL VOY "SIT" LtH RTM WH HAW BHV Fll VftSIL VOT SW *0 GIT SPt FOS W.C MTU TRADE MAPLE MOB2l 01 06 22 IB ?3 05 21 06 2216 24(5 SHANGHAISENATOR WMB2I 30 04 It H 1706 1(16 21 16 23 06
      1,539 words
    • Advertisement
      Page 30 Advertisements Column 2
      1433 30 MYANC MMC LJNE I l/.MI.H/iiliLLHLLfl4'!.ijl! j'i/! JV IIJ JIH H4?'l fl'l HI! -T J.\ T Jf*Tl twice weekly every thursoay/sunoay VESSEL VOY SIN CMB RTM HAM FXT LEH ANR MING STAR ABI7W 01/05 234)5 21/05 20/05 254)5 MING ZENITH JBI7W 03/05 20/05 22/05 23/05 25/05 MALACCA BRIDGE ABIBW 08/05 3<VO5
      1,433 words
    • Advertisement
      Page 30 Advertisements Column 3
      460 30 LINE TIL: *****36 FAX: *****12 MUARA j 1 LABUAN ~j vtssa vor no cta vissa vor itd eta SPOKE MU Alt A Srotl KM intotfa vm/w su> 02/05 J wosm vni/9i su> 02/05 Amaomr vni/w 06/05 o»/o$ ahkoobt vi 11/91 oa/os io/os j.wova vix/n io/os ij/o$ J-wosra via/* 10/05 m/os
      460 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1325 31 VESSEL VQY SIN PGU PKO PEN BLW SUR PUB BA BIK IRAN VOJOAN PJt 1278 18/04 25/04 IRAN (SHE YAM AT PJL 1279 23/04 IRAN VAHDAT PJL 1284 12/05 21/05 22/05 IRAN TAKHTI PJL 1288 19/05 28/05 29/05 IRAN TEYFOORI PJL 1287 28/05 04/0« 05/05 [MALACCA GLORY PJLI2SS I I
      1,325 words
    • Advertisement
      Page 31 Advertisements Column 2
      1637 31 SAILING 1 TO SHANGHAI XINGANG J SHKATOtE'SUNCIALUCim: SHMTMIWM IttßtlW MfclMBM OUTWUDII/U 4205M2 E I COSTAR SHIPPING PTE LTD #17-OSDBSUDG SALES/MGS 4205*41/43 IHWAIO Dtn <o/o) *****55 COSTAR AGENCIES (M) SDN BHD CK NO: 117t7WOOOOM TOWEI TWO (OittOf) COHVHITKHm *****50/55 T/SHEMT DCPT j_*****25__T1U02-OMS3IU6WkO2-gy-353ll70^^^^J yyyvoy WiG SH» M MO DM QM SHE W/M7T
      1,637 words
    • Advertisement
      Page 31 Advertisements Column 3
      532 31 EASTERN 0« LINER, lib'»£££?" 'j E EQ. (SIHGAPOHE) PTI lIP STmrnt SPECIALIZE M RORO ft HEAVY UFT UPTO 122 TONS] ECL (SINGAPORE) ffl OB LOADING FOR PORT KLANG BONTANG ~1 MANILA MV "GOLD MENAM" V.14 MV "COSMIC CHALLENGER" V.58 EU SM 01/05/96 bqnung 03/05/98 Q3/Q5/98 EU MNt .0/05/98 PORT KLANG/LAKM
      532 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1301 32 EUROPEAJK/SCAHDINAVIA/FINLANO/RUSSIA fIGPI ROM ANW HBG THP ZEE LHV LMV THP ROM ANW HBG PKL SGP E RENOWN RW-028 02/05 20/05 25/05 21/05 23/05 24/05 E REACH RE 018 04AM 06AM 05/04 07/04 01/04 01/05 03 05 I. DEVELOP RW-001 31/05 19AM 24AM 20AM 22AM 23AM 24AM E GALLANT RE 055
      1,301 words
    • Advertisement
      Page 32 Advertisements Column 2
      914 32 \mjkm MAC-NELS S'PORE MSiA Carrier MN CONTR LINES, INC I -IV"/ J C* WOt IROOR7ROOOOB S»U: (084) *****9 MANILA: (632) *****24 w PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P-KELANO: (03) *****77 JKT: (21) *****07 MOM: (61) *****3 KUCHXG (082) *****1-3 MANILA CINOA/BARCIIONA/1I HARvT" MV ANRO TEMASEK" V.034
      914 words
    • Advertisement
      Page 32 Advertisements Column 3
      385 32 /CZT N NANTAI LINE FUUY CONTAINERISED SERVKE TO MAURITIUS SOUTH AfRKA vissa I vot sw fu> out I cn 1 i/iaT NAMTAI PtIMCESS V.021S 30/04 14/05 17/85 HAMTAIQUtBI \tO27S 09/05 17/05 H/B5 74/ PS H/05 NAKIAI DtAGON VOO4S 17/05 24/05 30/05 03/ M NAMTAI PMIKE VO77S 25/05 07/D6 11/0 i
      385 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      393 33 I BSfl n.l mm MYANMA pBBk FIVE STAR LINE (Myonnor Notional Um) Loading for Yang on (Rangoon) VISSIL VOY SIN KG POI fGU BAGO 10W SID MERGLII 143W SID MALAYSIA AGfNTS: KXJSTUD SHITfING AGENCIES KUL m 07-03-*****00 ML TU 02-03-*****01 Kit TU 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A s«rvk*
      393 words
    • Advertisement
      Page 33 Advertisements Column 2
      1200 33 IA HYUNDAI I MERCHANT MARINE CO. UP. IVKSd VOY nsn SOU I 184 I ETM I AWT I MAiR —V I fH. "1 IVBSd VOT|SOU|IBI|BTM|AOT|HAM|HW|HI|SM| HYCOMMOOOM 311W 30/04 18/05 24/05 20/05 21/0$ THAMES 305(04/04 11/04 00/04 09/04 30/04 MM 305W 01/05 22/05 23/05 17/05 19/05 MX AGAR 3101 00/04 15/04
      1,200 words
    • Advertisement
      Page 33 Advertisements Column 3
      909 33 MB norwegon ipecidued ouKxomen Q©§(°](s mm wmi/HEs TO NORTH AND LATIN AMERKA RORO HIAYYUFT SERVICE" VESSEL VOY RAMP HEIGHT SIN I LAX Otl I MIA I SAV lAL Otf I NYC WW MOB TALAOOT FKW 400 fan 4JM "OT7OT J5/05 02/0* 04/04 *****~ WOO TT7oT "*****" TW 10/04 TAMPERE FOIO
      909 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      676 34 IAHQKOK/ÜBII CHAIAMO JAKA RT A/P AN JANG VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN NAWTA BHUM" 3QIN In Pt 02/08 03/05 MATHU BHUM ***** 30/04 02/05 XETHA BHUM 231N In Pt 03/05 MATHU BHUM 363S 30/04 02/05 SINO OCEAN OCNQ73 In Pt 02/05 GURU BHUM' 76S 02/05
      676 words
    • Advertisement
      Page 34 Advertisements Column 2
      419 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX; *****64 TLX: R*****6 SINMER CR No: **********0W Receiving Cargo at PTI I Blntuhi I I Mm— I ViSSII VOT StH |jy VWH w i |W I Mai V96OS/130-01/0S 07/05 MM V ***** 02-03U05 ot^>s IStrio mm 06-W/05
      419 words
    • Advertisement
      Page 34 Advertisements Column 3
      787 34 M ACCORD fl SHIPPINO PTE LTD M—E TIL ***** IS (40 Un*s) FAX *****30 KXIIUIM (03) 347 1001 Ev Ek DMICT ACCESS TIL: *****55 (EXPORT BOOKING) MSM GUDAMC (07)351 137/ n *****34 (EXPORT DOC), *****39 (IMPORT) HMAMG (04) *****4$ URL:HTTP://WWW.ACCORO.COM.SO JAXAtTA (21)*****70 POtT ITA SIM PORT ITA SIN PORT ETA
      787 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      349 35 INDONESIA NATIONAL LINE TO EUROPE H EXPRESS SEMI-COKTAINERISED SERVICE -55J »QY iwtwtN ahtmubp A VESSEL 4SWB |__2_B_2o_s__| W/W ?7/0» OMIT Z/7 TO AUSTRALIA FULL CONTAINER SERVICE VS. Ivor fpgg'sS* Fwe w« syp mii KASUGA I VKS 73/94 JVM OMS OMB 11,<K HQ6 174K PM miLOYD MSMK V«7S iW4K« U« *UST
      349 words
    • Advertisement
      Page 35 Advertisements Column 2
      853 35 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Stiaet. #12-00, PIL Building, Singapore *****0 AC I TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****08 BANGKOK JAKAKTA (Weekly 5 Slgs PAT/2 Slgs LCH/1 Slg BUT) (IWlflWMfcf c,N ftKK VtSSa W I iM/A (iticl) 977
      853 words
    • Advertisement
      Page 35 Advertisements Column 3
      680 35 VE3BFIB VOY "TR""* JED •§> V'PQCVWQO S39M 04/05 13/06 18/06 2M6 25/06 27/06 27/06 28/06 VIXE DEVELA N2SW 12/06 20/06 25/06 31/06 01/06 03/06 03/06 04*j6_ VKJJE DC nrwrin H2SW 19/06 27/06 01/06 07/06 06/08 1056 1056 11^6— VtiE D*OMON Y29W 26/06 03/06 06/06 IVW 17/06 17A» 18/06 I'll 9Q
      680 words
Page thumbnail Page 36
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      49 37 STQnI Dial 740-6000 on demand Sr (Retrieve more schedules!) sj Press "1" Select the port and key in the four digit code eg: To New York (NYQ 2275 Key in your fax number I your phone number Another innovative service offered by CTCtt document Will be Shipping Times !3K>tga.!s.'S£.
      49 words
Page thumbnail Page 38
Page thumbnail Page 39
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      839 40 SHIPPING LINE LTD I 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 CALL DIRECT LINE: *****41/43 JESSICA/CELIA/MEI CHAM INTRODUCING OUR SIN PONTIANAK SIN SHUTTLE SERVICE Schedule every 5 days. Maiden voyage starting 25/4/98. vessel 'SINAR SAMBAS V.901'.
      839 words
    • Advertisement
      Page 40 Advertisements Column 2
      596 40 ENG LEE SHIPPING CO PTE ITDI I \k®A M I* Umil tan SIINN/SIHM I I T Ra« HtHllllllt I VISSiI VOY $MEUSM(TD DCSTVUDON Ibata Bon 05/V8 ?9/04 30/04 Bakwon BoonoAbodi 07/98 29/04 29/04 PwoontyUuolon/B Popon UnonStolO 04/98 79/04 30/04 Suatnya/kkvis Sra Central 05/98 79/04 30/04 Perawna/Buoion/PBofu Unggul Joyo 05/98 79/04
      596 words
    • Advertisement
      Page 40 Advertisements Column 3
      910 40 SIN FAR EAST 03/05 KEELUNG/KAOHSIUNG 03/05 BANGKOK 04/05 MANILA/CEBU 03/05 JAKARTA/BE LAWAN/SURABAYA 03/05 PORT KELANG/PENANG/E MALAYSIA 06/05 BUSAN 03/05 TOKYO/YOKO/KOBE/NGO/OSA 03/05 HONG KONG SIM CHINA (•••■SiRSiP) 03/05 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAIKOU SIM EUROPE/UK 03/05 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANAPA 05/05 LOS ANGELES/NEW YORK
      910 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      1179 41 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i I VESSEL VOY SIN PIR GOA I VIC lEH ANR FXT MSC MARTINA 9816-3 02 MAY 15 MAY 17 MAY OMIT OMIT 23 MAY 24 MAY N SHANGHAI 9817 3 05 MAY 18 MAY 20 MAY 22 MAY 25 MAY 26 MAY
      1,179 words
    • Advertisement
      Page 41 Advertisements Column 2
      1827 41 Slfly BBT7 ££SL VBtt/VOW« MM \V* VM Iff S PORE KOW NAGOYA SHMljjj TQKYCT raiSuRES S 0705 JIOS MM MM MM MTK ANDROMEDA 02U14 0104 0714 0104 1104 2104 04.05 M.05 07.M 06.0$ NYK ANMOMEDA SS SS JS W M WIAIS '"4 14.04 15.04 17.04 04.05 1115 1105 14.05 1105
      1,827 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      540 42 VESSEL VOY SIN MAA SIN TIGER BAY 623N 01-02,05 06-10,05 14-15/05 TIGER ISLAND 624N 03-04,05 08-11/05 16-17/05 TIGER BRIDGE 625N 07-o*os 13-15,05 20-21/05 TIIGER WAVE 626N 10-11/05 16-1&05 23-24,05 TIGER BAY 627N 14-15,05 18-21/05 26-27/05 TIQER ISLAND 628N 17-I*os 22-2605 31-01/06 IVESSEL^^^VO^^^SI^^CA^^SI^^I TIGER CREEK 320CN8 30-0105 07-11/05 17-1605 I TIGER
      540 words
    • Advertisement
      Page 42 Advertisements Column 2
      819 42 FREIGHT UNKS EXPRESS 62 Toh Guan Road, Singapore *****1 Tel *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg CONSOLIDATION SERVICE TO THE FOLLOWING PORTS FORTNIGHTLY SERVICE TO SANTOS (BRAZIL), SAN ANTONIO (CHILI) AND BUENOS AIRES (ARGENTINA) OTHER DESTINATIONS TO ARICA, IQUIQUE, ANTOFAGASTA, PUNTA ARENAS, CALLAO VIA SAN ANTONIO Overseas Offices Hongkong
      819 words
    • Advertisement
      Page 42 Advertisements Column 3
      1093 42 lOOCL (Sinaopore) Pte Ltd CFS Keppel Distrpk for kookktg A 179 Anson Rm4 #21-04 (S) *****6 Hi $13 #01-121 I Mj+y f/gVj V j B I CIIIOI1«7I7«OOOOH T«fc 272 7127 nil 3269 ISO #j iTit *****13 hi 221 3942 Fw: 272 712$ MOtm MMMCJI MIA/ MUM O AMTtAIJA TO USA
      1,093 words
Page thumbnail Page 43
  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      130 43 LEGEND R Thunderstorm Temperature c X\ y Shower Weather Wind dreetion with speed m knots Rain \y Cloudy Sky Wove h^' Surface winds ore indicated by arrows which fly with the wind 0 One tut circle represents calm or bght and variable winds One hotf Heche represents 5 knots One
      130 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      491 44 E555E********************KS FAR EASTERN FREIGHT CONFERENCE (FEFC) j TRADE REPORT IN THE ASIA/NORTH EUROPE TRADE In March this year the Members of the Asia Westbound Rate Agreement (AWRA), a Regional Unit of the FEFC, announced their intention to implement a Rate Restoration of USD 150/300 per ****** on 1 July 1998
      491 words