The Business Times, 7 May 1998

Microfilm: NL21186
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, MAY 7,1998
    12 words
  • Article
    MARKET SUMMARY
    60 1 Due* (-20.87) piw-m EjMLM (-12.01) QuBJM-a.ig) ■*■(-7.71) csr™ 0 stock boot man WtdnMdqr ChenfB KLSE COUP Hill -A78 NIKKEI 1U4U4 -M7JI HAN08EN0 10.IM.14 -4411 SET INDEX mU -7M JAKARTA COMP 414jSI Hit MANILA OOMP —Mil. II -MM TAIPO WPI MOM -ill SEOUL OOMP nut -1SJ7 CL8A CHINA B
    60 words
  • Article
    FINANCE
    72 1 U8t St UM 1*7 £(USt/8SperX) 1.000 1641 DB 1.771 0.901 YEN 1HS 1J07* Ml 1774 9.423 HKt 7.710 1*00 BAHT SMI 1041 RURAH 1SN MtlT *19 Miff win ran iaibb SINGAPORE* 7.71 KUALA LUMPUR 1110 JAKARTA lUN BANOKOK 1476 MANILA 8 JO HONGKONG 1016 TMPB 8.80 SYDNEY 8.46 TOKWi.;.
    72 words
  • Article, Illustration
    No bids for Marina Boulevard site; property stocks slide
    653 1  -  First no-bid tender in 7 yean; site would have yielded 1.6 m sq ft By, Ang Wan May [SINGAPORE] The government tender for a huge plot of land in the New Downtown at Marina Boulevard, said to be the best property
    653 words
  • Article
    Double whammy hits regional markets
    333 1  -  By] R Sivanithy, Larry Wee [SINGAPORE] The region's financial markets took a double blow yesterday as a 9 per cent plunge in the Indonesian rupiah dragged down regional currencies and the consequent hike in regional interest rates forced on by the currency sales tipped equity
    333 words
  • Article
    Singapore Airlines now lets you pop in and fly out
    327 1  -  Self check-in kiosks help busy business people beat the dock By Felix Chan (SINGAPORE! Imagine hopping out of a taxi at Changl airport, checking In, clearing Immigration and waltzing Into the departure lounge all In the space of two minutes.
    327 words
  • Article, Illustration
    Lock icon Indon stocks dive 4.8% as riots continue
    858 1  -  No signs of pvt backing down on fnel price increase From S N Vasuki in Jakarta THE Jakarta stockmarket's benchmark index posted a sharp 4.8 per cent drop yesterday as continued rioting in the North Sumatra town of Medan unnerved investors. There was
    Source: Bloomberg  -  858 words
  • Article
    Lock icon Daimler-Benz and Chrysler on road to US$35b merger
    821 1 creation of world'i sth biggest carmaker Bloomberg, Reuters [STUTTGART, Germany] Daimler-Benz and Chrysler Corp are In talks that may lead to the biggest merger in automotive industry history in a transaction reportedly worth US$35 billion (5156 billion). The merger of Daimler, Germany's
    Bloomberg,; Reuters  -  821 words
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      134 1 St* Lick Stow Giving warrants a new lease of life Is not such a bad option for cashstrapped companies, i Gtebs Tefecom Globe Telecom, a Singapore Talecom-Ayala tie-up, yesterday posted Its first quarterly profit of &3m pesos, with a doubling in turnover and a bigger-than-expected subscriber base, Ft 18 FvtlMr
      134 words
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      234 1 Timeless values. !> uH W M Empirr n|Geneva enamel. Duplex escapement movement V V 6> //6frv of London. These two exquisite watches, The Rolex Day-Date in the shape of peaches, are is appreciated for more called «For China». than just the twenty-five The craftsmen of Geneva were languages in which
      234 words
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      Page 1 Advertisements Column 3
      7 1 Former Thai M Chatlchal <Hm FuH report,
      7 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Schering to set up US$25m asthma inhaler plant in S'pore
      598 2  -  Finn's investment, with cutting edge technology, comes amid BG Lee's visit te woo US investors FYom< Conrad Raj in Washington SINGAPORE will house what is expected to be the world's first factory to produce a new type of inhaler for
      598 words
    • Article, Illustration
      Lock icon GDP blues unjustified: report
      301 2  -  EYE ON THE ECONOMY Economy By, Audrey Tan THE pessimism about Singapore's economic growth is unjustified and there is no danger of a recession, says Socgen-Crosby economists. They expect gross domestic product (GDP) to grow 4.5 per cent this year, surprising the market which predicted an
      Source: Dept of Statistics  -  301 words
    • Article, Illustration
      Lock icon Handphone subsidies seen doubling operators' costs
      528 2  -  Acquisition cost per subscriber expected to rise to $360 in U9 from $170 in 1)7: Merrill Lynch By 1 Teh Hooi Ling WITH mobile phone operators now resorting to subsidising handphones to attract new subscribers, brokerage Merrill Lynch estimates that the acquisition cost per
      FILE PHOTO  -  528 words
    • Article
      Strong state-society ties crucial: BG Yeo
      326 2 Networks of trust needed to survive in Web world SINGAPORE needs good state-society ties in the coming years to compete and survive in the Web world brought about by the revolution in information technology, Minister for Information and the Arts George Yeo said yesterday.
      326 words
    • Article
      General insurers face flat growth in 1998
      537 2  -  Slowdown in S'pore economy, region expected to hit gross preminm growth By I Soh Tiang Keng THE expected slowdown of Singapore's economic expansion this year will result in little or no growth for the general insurance industry here. This is the forecast of
      537 words
    • Article
      Sound future for avionics industry
      332 2  -  Matsushita Avionics opens USs2J>m support centre here By] Kau Yi Kang MATSUSHITA Avionics Systems Corporation (MASC), a world market leader in interactive audio-video inflight entertainment equipment, is confident that the avionics industry is still set to grow despite the economic gloom. Yukio Sugimoto, MASC's president,
      332 words
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      169 2 SEXMLEABANCE sM% v **v w RIZYSYK Carpels will be having Stock-Clearance Sale from Btb of May till Btb of June *98. We arc offering a wide range of quality Persian and Caucasian Carpets, Rugs, Gabeh, Kffims and Runners which arc specially imported to Singapore to meet the rising demand, with
      169 words
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      6 2 mmmmum i The Straits Classifications 703-794
      6 words
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      97 3 The sensation of time CONCORD. Watchmakers Since 1908 CONCORD swiss VENETO™ Time as a tactile experience... hand-scuipted, unmistakable sense of luxury. 1/ l^jaj lEil IHL |L Concord Service Centre: ML—jl wkngft Tel: 220 5337 Fax: 220 2W Authorized dealerc: ■FTI Tel: *****08 R Chew Cheong Watch Centre \a^ M *****96
      97 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon A rental addition to District 10
      458 4  -  Great Eastern Mansions off Holland Rd is offering units at between $9,000 and $14,000 per month By Diana Oon [SINGAPOREI GREAT Eastern Mansions, the newest addition to the rental market, is ready for occupation. The property at Jalan Taman Nakhoda, just off Holland Road,
      ARTHUR LEE  -  458 words
    • Article
      House Hunt
      1014 4 Property transactions for districts 09 and 10 (sectors 22 to 23 and 24 to 27) lodged between Feb 9 and May 2, 1998 mar nr w (SOFT) (STOOD) (SD UtrlBlOt |L^1 mwHjnOlO AapenHt Apt 03-03-1996 990 1324 1268 956 Aepan HI Apt 1003-1996 999 1324 1466 1107 AapenHt
      1,014 words
    • Article
      Wah Chang to start 2nd phase of Seychelles project
      268 4 [SINGAPORE] Despite the regional economic slowdown, Wah Chang-owned Banyan Tree Hotels and Resorts is going ahead with phase two of its luxury beach-front resort project in the island of Mahe in the Seychelles. Edwin Yeow, vice-presi-dent of marketing for the group,
      268 words
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      476 4 mJMIiiHIDH Liquidation Sale by Tender No. 5 Serangoon North Ave 5 2-year old, 5-storey light industrial building Well-fitted out with clean room facility foodcourt Tenure: JTC Leasehold 30+30 yrs wef 1 Oct 1994 Land area: Approx. 193,000 sq ft Built-in area: Approx. 390,300 sq ft Tender Closing: 2 June 1998
      476 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Thailand's former PM Chatichai dies, aged 78
      673 5  -  His Chart Pattana Party split by power struggle between two factions From, Harish Mehta in Bangkok FORMER Thai prime minister Chatichai Choonhavan died yesterday in a London hospital following a long battle with cancer, leaving behind the Chart Pattana Party (CPP) he founded
      REUTERS  -  673 words
    • Article
      Lock icon Manila to probe firms that paid lower taxes in Q1
      189 5 MANILA Reuters PHILIPPINE Finance Secretary Salvador Enriquez yesterday said he will investigate large corporate taxpayers which remitted lower taxes in the first quarter of the year. "(I'm) disturbed that even the regularly reliable taxpayers such as SMC (San Miguel Corp)
      Reuters  -  189 words
    • Article
      Lock icon Manila to sell San Miguel stake
      397 5 MANILA Reuters A PHILIPPINE presidential committee ordered to liquidate billions of pesos worth of assets bought through a coconut levy yesterday said it will sell a 26.7 per cent stake in San Miguel Corp to raise 25 billion to 30 billion pesos (Ssl billion
      Reuters  -  397 words
    • Article
      Lock icon MSC seen poised to become software development hub
      341 5 KUALA LUMPUR It is on track U be software export centres official Bernama MALAYSIA'S Multimedia Super Corridor (MSC) is poised to be the hub for software development activities and is on track to be the export centre for software products in the
      Bernama  -  341 words
    • Article
      Lock icon Philippine sect throws weight behind Estrada
      138 5 MANILA AFP A PHILIPPINE sect, known to vote as a bloc, said yesterday that its one million registered voters would go for leading presidential candidate and opposition leader Joseph Estrada in the May 11 elections. The fundamentalist Church of Christ sect said it chose
      AFP  -  138 words
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      174 5 wpw *v-;" j i Afc. Ih Jl lip%P -M J 1 1 '®BpSl^ kAggflpP^' 1 B"•'' lilt I I; We understand how busy you really are and we are, as long as you have access to aPC connected the world and only a few mouse clicks away. A 11/ know
      174 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Nikkei falls 2.3% on Indon unrest
      351 6  -  Banking, corporate sectors heavily exposed to Indonesia From, Anthony Rowley in Tokyo THE latest manifestations of social unrest in Indonesia were a major factor behind a sharp drop in Tokyo stock prices yesterday as investors reacted nervously to the prospect of fresh financial turmoil
      Source: Bloomberg  -  351 words
    • Article
      Lock icon US raps Jakarta for crackdown on students
      165 6 AFP [WASHINGTON] The White House criticised Indonesian authorities on Tuesday after a crackdown on student riots and warned Jakarta to follow IMF reforms if it wants to keep emergency loans in the pipeline. "We have been very critical of (President Suharto's) regime for
      AFP  -  165 words
    • Article
      Panel set up to probe parties named in baht fiasco inquiry
      402 6  -  Investigation would include politicians, civil servants, says finance minister From Harish Mehta in Bangkok THAILAND yesterday took its first step to bring certain politicians and Bank of Thailand officials to book for blowing U5535.9 billion (5557.3 billion) in the
      402 words
    • Article
      Lock icon S&P downgrades 8 Thai financial institutions
      286 6 AFP [BANGKOK] US ratings agency Standard and Poor's downgraded its ratings of eight Thai financial institutions yesterday, the firm said in a statement received here. "The ratings downgrades reflect the impact of the continuing and rapid rise in nonperforming loans within the Thai financial
      AFP  -  286 words
    • Article
      Economy will contract 1% this year: Seoul
      531 6  -  Shares slide for 4th straight day on fears of labour unrest From Jennifer Veale in Seoul SOUTH Korea acknowledged yesterday that economic growth will hit negative levels this year, as share prices plunged for the fourth straight day in apparent confirmation of the
      531 words
    • Article, Illustration
      Lock icon Recession fears weigh down Hongkong market
      574 6  -  From, Loh Hui Yin in Hongkong THE Hongkong stock market's main index stayed above the 10,000 mark at the close yesterday but analysts doubt it will hold that level for much longer. Stockbrokers say the Hang Seng could well test the 9,200-point mark soon
      Source: Bloomberg; REUTERS  -  574 words
    • Article
      Malaysia sets up corporate rescue unit
      361 6  -  It will identify firms whose assets are of national interest From. Eddie Toh in Kuala Lumpur A NEW body set up by the Malaysian government to aid cash-strapped companies hit by the currency crisis will comprise officials from two powerful government arms the Economic
      361 words
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  • ADB ANNUAL MEETING
    • Article, Illustration
      Lock icon Asian crisis could overwhelm ADB
      1442 7  -  It just doesn't have the resources to offset the flight of private capital from the region By. Anthony Rowley [GENEVA] THERE was a subdued atmosphere at this year's annual meeting of the Asian Development Bank in Geneva, evident as much on the cocktail party circuit
      AFP  -  1,442 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon China to reclassify banks' problem loans
      464 8 BEIJING Mew classification will be based on L. n n borrowers creditworthiness, not length of defaults Reuters CHINA will begin reclassifying non-performing loans among its banks, state media reported yesterday, as the country tries to gain a clearer picture of the massive problem. Loans
      Reuters  -  464 words
    • Article
      Lock icon Investment in housing tipped to pump China GDP
      413 8 HONGKONG GDP growth could rise by as much as one point: economists Bridge news INCREASED housing sector investment could add as much as one percentage point to China's gross domestic product growth this year, economists say. However, finding someone to buy the
      Bridge news  -  413 words
    • Article
      Lock icon Shanghai moves 1,000 factories to cut pollution
      140 8 SHANGHAI AFP SHANGHAI has closed down or relocated 1,000 factories in its urban area in the past decade in a bid to tackle industrial pollution, Xinhua news agency reported yesterday. The report said the eastern metropolis, which is China's leading industrial centre, had
      AFP  -  140 words
    • Article, Illustration
      Beijing U's centennial marks end of radicalism
      636 8  -  can* watch But liberalism may endure In Bering U whose history mirrors liberal thought in China By Lu Ning Beijing this week hosted the largest birthday bash in recent memory. Beijing University, known in China as Beida, is celebrating the 100 th anniversary
      636 words
    • Article
      Lock icon Visit to Xian will kick off Clinton's China trip
      224 8 WASHINGTON Bridge News US President Bill Clinton's visit to China from June 24 to July 3 will begin in the ancient capital of Xian, followed by visits to Beijing, Shanghai, the scenic area of Guilin and Hongkong, a US government source
      Bridge News  -  224 words
    • Article
      Lock icon Taiwan team to meet China negotiator
      105 8 TAIPEI AFP A FORMER Taiwanese presidential candidate left here yesterday for China, where he is expected to meet a top mainland negotiator. Lin Yang-kang left with a 25-member delegation in his capacity as chairman of a recently founded private body to promote peace and
      AFP  -  105 words
    • Article, Illustration
      Lock icon US slaps US$5m charge on China for transshipment of textiles
      396 9 WASHINGTON Shipping via third countries to escape quotas violates trade pact: Washington AFP THE United States on Tuesday hit China with US$5 million (SsB million) in punitive charges for its practice of shipping textiles into the United States via third
      AFP  -  396 words
    • Article, Illustration
      Lock icon US studios offer to invest in China movie theatres
      434 9 LOS ANGELES Reuters US FILM studios are offering to invest in Chinese movie theatres in exchange for a more open policy towards film distribution in China, a leading film industry executive said on Tuesday. Jack Valenti, president of the Motion Picture
      Reuters; REUTERS  -  434 words
    • Article
      Lock icon Drought threat endangers China crop harvests
      510 9 HONGKONG Over 2m ha of crops destroyed; import! of grain may be raised Bloomberg CHINA faces a "catastrophic" drought this year that poses a growing threat to the country's main agricultural regions, a government official said. More than 2.1 million hectares of crops have
      Bloomberg  -  510 words
    • Article
      Lock icon Chinese investors lose savings in rural scam
      534 9 BEIJING Newspaper report highlight! simmering social unrest amid economic slump Reuters IN A further sign of bubbling social unrest linked to China's economic slowdown, state media yesterday highlighted the plight of 30,000 investors in a failed marketing business. Many investors had put their
      Reuters  -  534 words
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      116 8 I With 6- to 12-cylinder engines, the BMW 7 Series is gracefully poised with could say, in fact, that its infill immense reserves of power -to be unleashed the very instant you need it. complement to its driver's. Visl Still, the respect it commands on the road springs far more
      116 words
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      91 9 I ■!L' I L I HI M£B HI |llll|D|||Hr^ ifully poised with could say, in fact, that its influence forms the ideal stant you need it. complement to its driver's. Visit Performance Motors >re from its quick for a personal experience of the BMW 7 Series, the Ov ngineering. One
      91 words
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  • ASIA
    • Article, Illustration
      Lock icon Howard defends move to give Hanson electoral boost
      456 10 SYDNEY Community leaders, tourism chief slam decision; ex-party official qnits AFP AUSTRALIAN Prime Minister John Howard re-ignited a simmering race debate yesterday after defending a decision by his party to give an electoral boost to anti-Asia MP Pauline Hanson. It follows a
      AFP  -  456 words
    • Article, Illustration
      Lock icon Seoul to build World Cup stadium
      253 10 SEOUL Bloomberg SOUTH Korea said it will build a new stadium in Seoul for the 2002 World Cup soccer, ending speculation the project might be scrapped to save money as the country sinks into recession. Wrangling over the stadium site had turned into a
      Bloomberg; AFP  -  253 words
    • Article
      Lock icon S Korea indiscriminately wooing investors: unions
      309 10 SEOUL Labour leader reaffirms plans for national strike Bloomberg A TOP South Korean labour leader reiterated plans to launch a national strike within weeks and attacked the government's "indiscriminate" approach to attracting foreign investment. Lee Kap Yong, who heads the Korea Confederation of Trade
      Bloomberg  -  309 words
    • Article
      Lock icon Mitsui Wharf shares suspended for 2nd day
      178 10 TOKYO Bloomberg SHARES of Mitsui Wharf Co, a Japanese harbour-freight company, were suspended from trading for a second day at the Tokyo Stock Exchange as the company investigated the origin of a 340 million yen (Ss4.l million) promissory note. The company said last
      Bloomberg  -  178 words
    • ASIA Notes
      • Article
        Lock icon N Korea to get 10.000 tonnes of corn
        67 11 AFP [SEOUL] South Korea's Red Cross said yesterday it will deliver 10,000 tonnes of corn on behalf of Hyundai Group's honorary chairman Chung Ju Yung to his hometown in North Korea. "The North Korea's Red Cross was notified of our plans to
        AFP  -  67 words
      • Article
        Lock icon Ford may inject more capital into Kia
        63 11 AFP [SEOUL] US auto giant Ford Motor Co yesterday offered to consider taking part in the planned capital increase of ailing South Korean car maker Kia Motors Corp, government officials said. The offer came during talks here between Ford's vice-chairman Wayne Bucker and
        AFP  -  63 words
      • Article
        Lock icon India cop jailed for US$10 bribe
        67 11 AFP [NEW DELHI] An Indian policeman received a four-year prison sentence for accepting a US$lO (SSI6) bribe 12 years ago, the Hindustan Times reported yesterday. Junior inspector of the New Delhi police, Prakash Singh Tyagi, had threatened Arjun Dass, who was involved in a
        AFP  -  67 words
    • Article
      Lock icon Vajpayee says no rethink on India's China policy
      343 11 NEW DELHI He distances himself from remarks about China as No 1 threat AFP INDIAN premier Atal Behari Vajpayee has distanced himself from his outspoken defence minister, saying there would be no "rethink" on the country's policies towards China, reports said yesterday.
      AFP  -  343 words
    • Article, Illustration
      Lock icon LDP chief: reforms will go on, but no tax-cut extension
      514 11 WASHINGTON Sato hits out at US criticism, says govt will focus more on clearing bad loans Reuters [WASHINGTON] A top Japanese politician, Koichi Kato, vowed on Tuesday that Japan will press on with reforms to its economy but repeated his
      Reuters; REUTERS  -  514 words
    • Article
      Lock icon NZ jobless rate highest since Dec '94
      157 11 WELLINGTON AFP NEW ZEALAND'S unemployment rate rose to 7.1 per cent in the quarter to March, the highest in more than three years, amid slower economic growth and the Asian downturn, data showed yesterday. The last time unemployment was this high was in
      AFP  -  157 words
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      1030 10 I >1 «TJ I Bank I Keppel Bank H of Singapore Limited H (Incorporated in the Republic of Singapore) Notice Of Annual General Meeting H NOTICE IS HEREBY GIVEN THAT the 39th Annual General Meeting of the Company will be held at the Conference Room, Keppel Corporation Limited, 325 Telok
      1,030 words
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      261 10 feylL The Certified Diploma In Accounting And Finance (CDAF) JtJ x m (Awarded by the Association of Chartered Institute Oi Certified Accountants, U.K.) Certified a development programme —p u Tjj„ FOR EXECUTIVES/MANAGERS "T 7 7~~ The Q)AF is a post-graduate qualification offered by the Association ACCOUJItantS of Chartered Certified Accountants
      261 words
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      148 11 m 11 GENUINE LEATHER ORGANIZER FAIR 24TH APRIL 9TH MAT ENJOY A SPECIAL FREE GIH FROM US. WITH AMY PURCHASE OF OUR GENUINE LEATHER ORGANIZER AT HALF PRICE ONLY! 3 Tot—* Boulevard *01-195 SunMc CMy Slngapora *****3 I (Entertainment Cmrtn) J Ranked #1 franchise for submarine sandwiches* Low start-up costs
      148 words
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      25 11 P. 1 jfltiL r ■nut <«H| WRaP%C& v V V,;' -J? \"''f <■-•: 11 P Ife- Wtf GIORCiIO \RMAN I «t Ilillon Ilolrl Irl 7.">4 402!.)
      25 words
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  • THE WORLD
    • Article
      Lock icon Bonn defends ECB deal, Buba says it's 'evil omen'
      455 12 FRANKFURT The compromise will erode the central bank's independence, say Bnba officials Bloomberg THE German government defended the pact it reached with other European Union leaders over the European Central Bank chief as Bundesbank officials warned the decision would erode its
      Bloomberg  -  455 words
    • Article
      Lock icon Court rejects Clinton's claim of exec privilege
      324 12 WASHINGTON He may lose bid to stop lawyer from questioning key aides LATWP TUESDAY'S ruling rejecting President Clinton's claim of executive privilege sets the stage for one of the most momentous constitutional clashes over presidential power since the Supreme Court ordered Richard Nixon
      LATWP  -  324 words
    • Article
      Lock icon Wall St dismisses warning of Dow 10,000 computer crash
      321 12 NEW YORK Bloomberg DOW 10,000 isn't the year 2000. Wall Street traders and technology gurus roundly dismissed a study by the Gartner Group, a Stamford, Connecticut, consulting company, that claims financial companies will incur the same sort of computer headaches when
      Bloomberg  -  321 words
    • Article
      Lock icon UK pushes for tougher IMF line against errant govts
      257 12 LONDON Reuters BRITISH finance minister Gordon Brown, on a whis-tle-stop tour of Asia's troubled economies, said yesterday the International Monetary Fund may have to toughen its line with errant governments. Speaking just two days before Group of Seven (G-7) finance ministers
      Reuters  -  257 words
    • Article
      Lock icon US growth could slow as exports fall: Fed official
      599 13 WICHITA, Kansas GDP rise seen falling back below 3%; US beginning to feel impact of Asia crisis Bloomberg US ECONOMIC growth could slow this year as strong private domestic demand is offset by "an obvious decline" in exports, Federal Reserve Bank
      Bloomberg  -  599 words
    • Article
      Lock icon US factory orders up 0.3% in March on electronics demand
      345 13 WASHINGTON Bloomberg ORDERS placed with the nation's factories rose in March, reflecting stronger demand for computers and electronic components. Factory orders increased 0.3 per cent in March to U*****,226 billion (*****.6 billion), the Commerce Department said. February orders fell 0.7
      Bloomberg  -  345 words
    • Article
      Lock icon No rate remarks from White House
      365 13 WASHINGTON Clinton, Greenspan met for wide-ranging talks spokesman Reuters US PRESIDENT Bill Clinton met Federal Reserve Chairman Alan Greenspan on Tuesday for what the White House described as "wideranging" talks that had not been prompted by any specific economic policy issue. There was no
      Reuters  -  365 words
    • Article, Illustration
      Lock icon Flights of fancy
      41 13 [MINSK] Young Belarussians releasing 700 pink balloons on Tuesday. They were marking Dream Day, dedicated to US astronaut George 'Pinky' Nelson, who is of Belarussian descent and who realised his dream of flying to space in 1988. REUTERS
      REUTERS  -  41 words
    • Article
      Lock icon US Treasury to stop selling three-year notes after May
      284 13 WASHINGTON Bloomberg THE US Treasury, flush with cash and on course to record the government's first annual budget surplus since 1969, said it will stop selling threeyear notes and will auction five-year notes once each quarter instead of every month. "The
      Bloomberg  -  284 words
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      872 12 mty.y.fJl Integrated Engineering Keppel Integrated Engineering Limited (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the shareholders of Keppel Integrated Engineering Limited will be held at the Conference Room of Keppel Corporation Limited at 325 Telok Blangah
      872 words
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      Page 12 Advertisements Column 2
      645 12 BUSINESS \()t (CCS lo advertise eall toll-free IXOO-741 INN 3 Corrigendum Refer to BT 21/4/98 The applicant who has applied for a Ist class Beer House for 7th Storey Hotel Food Court should be Peter Chong Seh Jam I/C: *****07Z Corrigendum Re: Liquor Licence Application BT 4/5/96 The address for
      645 words
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      654 13 ADVERTISEMENT Netscape, the Internet Commerce Company The trend in electronic commerce is toward a fusion line sales through improved customer service and of traditional electronic commerce built on new distribution channels for products and services. Byß CAllcic4All4 lll4AfllA4 I AdltAf proprietary value added networks with open D IBi VUIISISWIII IlllUlilVl
      654 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Just business as usual at euro launch
      779 14  -  THE BOTTOM LDVB OPINION By Shada Islam The writer is a Brussels-based journalist who contributes regularly to BT IT was Europe's finest hour. But probably also one of its darkest The European Union's historic decision to launch the single European currency last weekend
      779 words
    • Article
      IN OTHER WORDS
      111 14 'As for the corporate consultants who advise on salary, all I can say is that prostitution would be a step up for them.' -Charles Manger Berkshire Hathaway Inc's vice<hairman, on high salaries for corporate executives. This is like going to the movie Titanic and still believing the
      111 words
    • Article
      Cleanup at Thailand's central bank
      627 14 EDITORIAL REPORTS of official inquiries do not usually read like a Frederick Forsyth noveL But the 205-page Nukul Commission report on the Bank of Thailand (BOT) exposes international financial intrigue, rivalry and politicking on a scale that would rival any thriller. The commission sharply criticises
      627 words
    • Article, Illustration
      Lock icon Blair's test yet to come
      938 14  -  The British public likes what it's seen of the Labour govt so far, but the next year will provide a clearer perspective By Neil Behrmann The writer is BT's London correspondent TONY BLAIR may have been basking in the glory of leading a government that.is
      REUTERS  -  938 words
    • Article
      WHAT THE OTHERS SAY
      906 14 WHEN unemployment figures edge towards 4 per cent, and retrenchments and closures become a daily event, it is difficult for people not to feel downhearted, whatever Financial Secretary Donald Tsang Yam-kuen may urge. Some of the most popular and long-established firms are not being spared the
      906 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      53 14 DOONESBURY By Garry Trudeau MR. RBPF6RH, WHAT ANP YOU ANP YOUR NOPB. (W M5RB BOTH PtP)VUR#/H/T& SOURCB M6R5NTAT UNCERTHZ IMPR5S&ON HOUS5 SOURCE SAY HBSAIP ALL CONCSRN5P THAT THAT THB SePfTTOH ACT M UH-JT W CANT YOUGUYSm ABOUT MR. STARR LOTS OF SUCH CRITICISM MIGHT HAP EXPIKEPNEAR1X 1 p,p M AFFORPLAW
      53 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      519 15 Didn't you know? I read it in llo fHeuU\ Cit»* Newt ia Siadaf Classifitd tkit tfttk %%i.J S%g&6£ CATS. Where to wine, dine and entertain... a&- SSp'SESJJT I§§l SSfJ I or mothers. With a Delicious Lunch/Dinner. Or Make vour Mother feel special J this Mother's Day by treating 38 to
      519 words
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      Page 15 Advertisements Column 2
      139 15 Discover the magnificence of Thailand at The Mezzanine Cafe Bar 7-17 May 1998 Reservations: 831-6286, 831-6288 (between 3pm 6 pm) Mezzanine Catf fc Rar 2*4 floor C« "IMir i ,m v HArtalAirfew i SpoMor CCIIlli J €tt M Uuntkirut Singapore 333 Orchard Road. Singapore *****7 Tel: 737 4411 Sunday 10
      139 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      751 15 TV&RADIO mat* awfr.-- Our Choice). 3.00 Legend of Liu Bo Wen. 4.00 News 5 Today Followed 3.50 It Pays To Travel. o— 2-30 PM TV Innovations. By Afternoon At The 4.40 Hongkong Today. 4.00 Kidz Blitz: Classic Movies. 5.10 Touring Latin AmeriSpeed Racer. 5.00 News 5 Today Followed 4.30 Hot
      751 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      292 15 CRYPTIC CROSSWORD 1 Barred view, sadly, of housesparrow? (6.4) pI p 6 Complacent, knocking back sweets (4) I I I I 9 Attractive girl liable to jHT-IhT-change into something more 10 In the past but never again? (4) Hh IH__ —P^L—p^B— 13 Henley's first boat-crews in a 10 I I
      292 words
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  • EXECUTIVE LIFESTYLE
    • BUMPER to BUMPER
      • Article
        Audi's colour of many coats
        83 16 HOW much paint is there on an average car? According to Audi, about six kilograms worth. Each coating is but 66,000 th of a millimetre thick. Buyers' choice of colours depends on their cultural background and age. People from warmer climates prefer restrained shades of
        83 words
      • Article, Illustration
        It's a boat, it's a recer,it's a Spyder
        111 16 SWEET dreams are made of theee. First, a "Spyder" concept from Rover—the MGF Super Sports (above). This boat-like racer is powered by a supercharged 1.8-litre engine that produces some 200 horsepower. Besides the radical onboard trim and equipment, the tyres are rated
        111 words
      • Article
        Rover still in the red with £91m loss
        68 16 BMW-owned Rover Group Incurred a net loss of £91 million (***** million) in 1997 after interest and depreciation charges, an improvement from £119 million the previous year. Revenue rose from £6.48 billion to £6.66 billion. Rover has not seen profits at the
        68 words
      • Article
        Insured cars covered for Malaysia
        148 16  -  Compiled by Christopher Tan IN RESPONSE to a recent issue over the validity of insurance coverage for Singaporeans travelling to Malaysia by road, the General Insurance Association of Singapore said in a statement that all motor insurance policies issued in the Republic covered the use
        148 words
    • Article, Illustration
      Lock icon Size matters, by any Accord
      796 16  -  The sixth generation Honda Accord is as big as a Merc E2OO and offers a silky ride, says Christopher tam CHRISTOPHER TAN IT would not be unfair nor inaccurate to say that many Singaporeans have over the years come to view the Honda Accord as
      CHRIS LOH  -  796 words
    • Article, Illustration
      Lock icon Galant— the other ultimate driving machine
      726 16  -  By Christopher Tan WHEN Mitsubishi's Galant first appeared here in its current form early last year, it created quite a stir with its sharp and aggressive styling. The reactions were not entirely positive, with some detractors pointing to its uncanny resemblance to BMW. The
      CHRIS LOH  -  726 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      499 16 BUSINESS \()f H'CS In ;i<l\i'ilisc i;ill toll-lrcr INOO-741 INS.* NOTICE IS HEREBY GIVEN that, I Terence Tan LiChem of 19 Grange Road #13-21 Singapore *****7, have applied for a Public House, First Class (Extended) Licence in respect of M/s Hu'u located at Singapore Art Museum, No 71 Bras Basah Road
      499 words
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      Page 16 Advertisements Column 2
      213 16 NOTICE IS HEREBY GIVEN that, I William Kng Yew Hock of Blk 435 Ang Mo Kio Ave 10 #11-1393 Singapore *****5, have applied for a 2nd Class Public House Licence in respect of M/s SF-Link Pte Ltd (Spices Restaurant) located at 1A Tampines Street 92 Safira Tampines Clubhouse Singapore *****2,
      213 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      140 16 THE WEATHER Mapqwei Showers In the early evening mainly over Western and Eastern Singapore. Temperature (32-26 C) Hi Pliai WU* Omd. mrnwf IVU* Oml Mt* OwmL Auddud 11/14 Aow*n AMMrdaa 17m rtowtv ft,,-.,. Ih till mmas Baankok cloud) Aftw 11/11 W Bt»« Mat Aowwi Mi law toweri 17 Bombay aw
      140 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      OCBC may need further substantial provisions: chief
      415 17  -  Bank is on track to achieve world-class status by the year 2000 By\ Siow Li Sen [SINGAPORE] OCBC Bank chairman Lee Seng Wee has warned that further substantial provisions may be needed as the outlook for 1998 is not encouraging but added that
      415 words
    • Article
      SES new rule: no major impact seen
      434 17  -  Change to voluntary governance won't affect vigilance: audit committees By I Siow Li Sen [SINGAPORE] While the latest stock exchange amendments just put the onus of corporate governance back squarely on the board of directors, it does not mean there will be any
      434 words
    • Article
      Hard time raising capital? Change warrant issue terms
      893 17  -  HOCK LOCK SIEW R Sivanithy ONE of the issues that companies have grappled with since the regional crisis took hold is how to raise cash without incurring the displeasure of shareholders or additional interest charges. Calling a rights issue would almost certainly
      893 words
    • Article, Illustration
      Pengkalen Sec placed under KLSE trading restrictions
      292 17  -  Sister company Kimara slapped with cnrbs earlier By. Meera Tharmaratnam in Kuala Lumpur PENGKALEN Securities Sdn Bhd today joins the ranks of stockbroking firms which have been placed under trading restrictions for failing to meet the regulator's prudential guidelines. The trading restrictions will
      292 words
    • Article
      Soeryadjaya buys 5% stake in Pacific Can for $3.15m
      200 17  -  By Catherine Ong EDWARp Soeryadjaya, the former heed of the ill-fated Astra-Summa group in Singapore and Indonesia, has bought a 5.04 per cent stake in Pacific Can Investment Holdings Ltd (PCI) for $3.15 million from a director of PCI. The stake
      200 words
    • Article
      SML eyes 30% share of tug service market
      174 17 [SINGAPORE] Having invested more than $30 million in new high-performance harbour tugs this year, Sembawang Marine Logistics (SML) is geared up to assume the position of a quality tug services provider. In a statement yesterday, SML expressed confidence in capturing at least
      174 words
    • REGIONAL COMPANIES
      • Article
        Lock icon MAS restructuring proposal faces RM4b funding woes
        304 18 Reuters [KUALA LUMPUR] A restructuring proposed by Malaysian Airline System Bhd (MAS) will require at least 4 billion Malaysian ringgit (511.68 billion) in fresh capital, a sum the airline will find difficult to raise, industry sources said. They said yesterday that the plan,
        Reuters  -  304 words
      • Article, Illustration
        Lock icon Globe Telecom turns around with 6.3m peso Q1 profit
        381 18  -  Results helped by doubling in turnover, wider subscriber base, cost-cutting From, Al Labita in Manila GLOBE Telecom, a Singapore Telecom-Ayaia tie-up, yesterday posted its first quarterly profit, with a doubling in turnover and a bigger-than-expected subscriber base. Profit for the first
        Source: Bloomberg  -  381 words
      • Article, Illustration
        Lock icon Telekom Malaysia raises US$350m refinance loan
        268 18  -  By\ Meera Tharmaratnam in Kuala Lumpur TELEKOM Malaysia Bhd has raised a five-year syndicated loan of US$35O million (Sss6o million) from a consortium of eight banks that will be used to refinance its purchase of South Africa Telkom. Telekom took out a oneyear loan
        Source: Bloomberg  -  268 words
      • Article, Illustration
        Lock icon Indosat's Q1 profit jumps 33% amid market gloom
        453 18 Reuters [JAKARTA] Indonesia's PT Indonesia Satellite Corp (Indosat) announced strong first quarter results yesterday, confirming analysts' views that it was one of the best stock picks in a gloomy market filled with debt-ridden companies. "With many firms suffering huge forex losses, Indosat
        Reuters; FILE PHOTO  -  453 words
      • Article
        Lock icon Sime Darby taking steps to be a lean and mean business: CEO
        298 18 Bernama [KUALA LUMPUR] Sime Darby Bhd, which recently hived off its financially-trou-bled Sime Bank Bhd to Rashid Hussain Bhd, will soon embark on aggressive measures to restore its financial health, chief executive officer Nik Mohamed Nik Yaacob said.
        Bernama  -  298 words
      • COMPANY Briefs
        • Article
          Lock icon S*pore firm buys 20% stake in Pilecon
          87 18 Reuters [KUALA LUMPUR] Malaysian civil englneei ingand construction firm Pilecon Engineering Bhd Mid yesterday that Singaporean-owned Tradefast Properties Ltd has acquired a 20.03 par cent stake in the company. Pilecon said in a statement that Tradefcst, which is incorporated in the British Virgin
          Reuters  -  87 words
        • Article
          Seksun's new appiontments
          72 18 [SINGAPORE] Several changes In appointments were announced by Seksun Precision Engineering Ltd yesterday. Cheong Pak Meng has resigned as a director and Lem Kim Kee was appointed as finance director, with effect from yesterday. Martin TeYuAkkau has also been appointed senior manager of operations, Lse Choon Sena
          72 words
        • Article
          Lock icon Proton sticks to development plan
          82 18 Bernama [KUALA LUMPUR] Perusahaan Otomobil Nasional Bhd 1 (Proton) will not detract from its new modal daveiopment programme despite the current economic crisis in the region, said chairman Sakh Sukmg. "We are totally committed to introducing new models by the torn of the century," he
          Bernama  -  82 words
        • Article
          Lock icon Idris to help selve Askan's wees
          95 18 Reuters [KUALA LUMFXJR] Malaysian timber firm Idris Hydraulic (Malaysia) Bhd said yesterday that it was trying to find a solution to the financial woes of Aokam Perdana Bhd, one of Its biggest customers. The company said in response to a tetter from the Kuala
          Reuters  -  95 words
      • Article
        Lock icon Nava cancels 4.5b baht share sale after poor response
        269 18 Bloomberg [BANGKOK] Nava Finance Securities pic said it has cancelled its 4.5 billion baht (SslBs 6 million) share sale plan after just 1.4 per cent of shares were subscribed. The Bangkok-based lender and brokerage planned to sell 450 million shares at
        Bloomberg  -  269 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Samsung in talks to sell major businesses to raise US$12.4b
        552 19 2nd-largest Korean business empire to focus on electronics, financial services Bloomberg [SEOUL] Samsung Group said it is in talks to sell businesses to General Electric Co and Hewlett-Packard Co to help raise US$l2.4 billion (5119.8 billion) by 2002 and reinvent
        Bloomberg  -  552 words
      • Article
        Integrated Circuit Systems sees Asian sales doubling
        362 19  -  S'pore HQ expected to boost its foray into the region By Annette Pau [SINGAPORE] US semiconductor firm Integrated Circuit Systems expects Asian sales to double in the next two to three years to about 60 per cent of group revenue despite the region's
        362 words
      • Article, Illustration
        Lock icon Microsoft gets industry support against delay of Windows 98
        398 19 LAT—WP [NEW YORK] Sixty computer industry executives joined Microsoft chairman Bill Gates in New York on Tuesday to proclaim that delaying the release of Microsoft's latest product would threaten their companies, the US economy and, indeed, the march of human progress.
        LAT—WP; REUTERS  -  398 words
      • Article
        Lock icon Chip price stability possible in 1999: Texas Instruments
        381 19 Manufacturers catting capital spending by 15% Reuters [DALLAS] Texas Instruments Inc's chief economist said semiconductor manufacturers will cut capital spending by about 15 per cent this year, a move that could lead to price stability for memory chips in 1999. The worldwide
        Reuters  -  381 words
    • FINANCE & COMMODITIES
      • Article
        Market expected to value insurer AMP at A$16b
        388 20  -  Its shares may see bidding between A 512.50 and ASI6 when the company is listed next month From. Russell Baker m Sydney AUSTRALIA'S largest insurance group AMP Ltd seems set to have a stock market valuation of about Asl6 billion (5116.3 billion)
        388 words
      • Article
        Lock icon Cheung Kong ropes in 5 banks for HK$1.5b loan
        393 20 Spread over Hibor double that for HKs3b loan in 1997 Bloomberg [HONGKONG] Cheung Kong (Holdings) Ltd, the flagship company of tycoon Li KaShing, hired five banks to arrange a HK$l.5 billion (*****.4 million) three-year loan, said Citibank NA, one of the
        Bloomberg  -  393 words
      • Article
        Lock icon Axa seeks US$3b buyout of Royale
        259 20 Bloomberg [PARIS] Axa SA, Europe's second-biggest insurer, has offered about US$3.4 billion (555.4 billion) in cash and shares to buy the 52.2 per cent of Royale Beige SA it doesn't own as it strives to become Belgium's largest insurer. The offer values Royale Beige
        Bloomberg  -  259 words
      • Article
        Lock icon HSBC unit hires former J P Morgan banker
        172 20 Bloomberg [HONGKONG] HSBC Investment Bank Asia Ltd, a unit of HSBC Holdings Ltd, said it has hired James Xu, a former J P Morgan Co banker, to run its China and China-re-lated corporate finance business from Hongkong. Mr Xu, who was a
        Bloomberg  -  172 words
      • Article
        Lock icon Bank of NY says Mellon shareholders support its bid
        294 20 Bloomberg [NEW YORK] Bank of New York Co said its unsolicited US$2l.7 billion (5534.4 bil lAon) offer for MeUon Bank Corp has received "overwhelming" support from MeUon's institutional shareholders. "We have critical mass fi'om Mellon shareholders," said Thomas Renyi, chairman and
        Bloomberg  -  294 words
      • Article
        Lock icon JGBs hit new highs as Nikkei dives
        199 20 SSMEXReport Reuters [SINGAPORE] Simex Euroyen futures rose as Japanese government bond (JGB) futures sky-rocketed to new heights yesterday, despite Denmark's unexpected rate hike which spooked major bond markets on Tuesday. Dealers said the rise in the JGBs was fuelled by a sharp fall
        Reuters  -  199 words
      • Article
        Futures down but end off day's low
        162 20  -  MSGI TAIWAN FUTURES Cecilia Loh Cecilia Loh, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract closed lower, down 0.60 point after recovering from its low of 314.5. The May contract feU sharply early in the session but rebounded
        162 words
      • Article
        Lock icon Iraqi supply takes shine off output cuts
        271 20 ENERGY REPORT Reuters [LONDON] Opec oU producers went part of the way towards meeting pledged output reductions in April but extra Iraqi supply took the shine off cartel efforts, a Reuters survey found. April wellhead output from the Organisation of Petroleum Exporting Countries
        Reuters  -  271 words
      • Article, Illustration
        Untitled
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        974 words
      • Article
        Lock icon CURRENCY REPORT
        256 20 AFP THE mark was sharply higher against other major currencies yesterday on continuing speculation the Bundesbank will soon act to lift short-term interest rates following the controversy surrounding the appointment of the first European Central Bank president at last weekend's European Union summit, dealers said. The mark has
        AFP  -  256 words
    • Article
      COMMODITY PRICES
      1411 21 gQQMrUTUMg May 6 8UHCI tWm dostoa m at SJOfa) KSICOKTUaacMbAO Om» Votom OpM Mulli ttgft Law Satt (towns) hrtftst J«n 99 BLOO ***** tttOO M »75 MM 121.00 121.00 ***** 2050 WIS Am 98 121.50 2000 2515 Sn 123.25 1515 Oct/Dcc 98 127.25 4650 JWM«99 132.00 132.00 132.00
      1,411 words
    • Article
      Lock icon TOKYO
      1571 21 Bloomberg, AFP Q|ua jWjj JAPANESE stocks fell to a three-month low, led by Bridgestone Corp, after a senior ruling party politician dashed hopes the government will extend income tax reductions, which many investors see as key to economic recovery. Liberal Democratic Party secretary-gen-eral Koichi Kato told reporters in Washington
      Bloomberg,; AFP  -  1,571 words
    • Article
      WORLD STOCK MARKETS
      1992 21 LfiMOOM MM *aca 31 Group 585.000 -4.000 AB Ports 374.000 ****** Abboy Nations 1092.000 -35.000 AModOomocq 620.000 -3.000 AIMC 183.000 -3.000 Asda Group -2.800 BAT Ind 575.000 -1.000 KPte 327.600 unch BtCC 175.000 3.000 •OC Group 1028.000 13.000 BR Potroloum 950.000 *11.000 rm 204.400 5.400 BankofScdtfcnd 735.000
      1,992 words
    • Article, Illustration
      Lock icon HONGKONG
      1504 22 AFP CI Hang Seng -4C52 HONGKONG stocks came off their lows in afternoon trade but still closed weaker yesterday as concerns over a slowing local economy and softer overseas markets held investors in a bearish grip, brokers said. The Hang Seng Index lost 44.52 points, or 0.44 per cent,
      AFP  -  1,504 words
    • Article, Illustration
      Lock icon CHINA
      567 22 Reuters nShemfaaißlndei -115 CHINA'S hard currency B shares slumped yesterday on selling caused by weakness in regional markets and investors switching to domestic A shares. "Regional market sentiment was not good," said an analyst at United Securities in Shenzhen. "Domestic investors think the A share market offers more opportunities
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  567 words
    • Article
      Lock icon TAIPEI
      322 22 AFP CI WP Index -451 TAIWAN stocks edged lower yesterday in thin trading as investors took to the sidelines amid jitters over a possible increase in US interest rates and corporate results, brokers said. "Investors are awaiting April's corporate results and were concerned that the US might raise interest
      AFP  -  322 words
    • Article
      Lock icon WELLINGTON
      241 22 AFP □Wellington -17.48 NEW Zealand shares retraced all of Tuesday's gains and more yesterday after Wall Street fell and as Asian markets weakened. Stocks closed down 0.8 per cent on light turnover of NZ$6B.6 million. The NZSE-40 Index was down 17.48 points to 2,230.61. *a am *NZIMkt_ 12.40 -0
      AFP  -  241 words
    • Article, Illustration
      Lock icon JAKARTA
      708 22 AFP DOonpoatehte -20.53 INDONESIAN share prices fell 4.8 per cent yesterday amid a lack of confidence in the government's ability to handle rising unrest, dealers said. "Many foreign investors are feeling insecure because they are of the opinion that the government has lost its credibility and is therefore extremely
      AFP  -  708 words
    • Article
      Lock icon SEOUL
      407 22 AFP POnnpoatehig -I&S7 SHARE prices fell 4 per cent on the Korea Stock Exchange yesterday to their lowest level this year on labour concerns as a militant union vowed to strike later this month, dealers said. "Following the sustained loss in the morning, the union's violent comments dealt a
      AFP  -  407 words
    • Article
      Lock icon SYDNEY
      564 22 AFP Qumm^ju AUSTRALIAN share prices fell 0.5 per cent yesterday, led by negative sentiment on a weaker Dow, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, was 15.5 points lower at 2,788.0. National turnover totalled 266.09 million shares worth A 1759.34 million. The All Industrials
      AFP  -  564 words
    • Article, Illustration
      Lock icon BANGKOK
      792 22 AFP □set Mm AM THAI shares finished 1.8 per cent weaker yesterday with banks and finance companies hit hard by ratings downgrades from US-based agency Standard and Poor's, dealers said. Analysts said the market fell away in the afternoon as investors digested the lower S&P ratings on eight banks
      AFP  -  792 words
    • Article
      Lock icon MANILA
      309 22 AFP Q Manila -6#.06 PHILIPPINE share prices fell 2.5 per cent yesterday as prof-it-taking took hold, analysts said. The Philippine Stock Exchange Composite Index fell 56.05 points to close at 2,211.13 points. Turnover fell to 609.9 million shares worth 1.876 billion pesos compared to 735.7 million shares worth 1.52
      AFP  -  309 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares tumble 3.9% on foreign selling
        318 23 AFP n Composite Intel -23.78 MALAYSIA'S key stock index plummetted 3.9 per cent yesterday on foreign dumping of blue chip stocks amid fresh concerns over regional economies, dealers said. The Kuala Lumpur Stock Exchange's 100-share weighted Composite Index fell below the 600-point psychological barrier
        AFP  -  318 words
      • Article
        Untitled
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        8,412 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3498 24 MM, LOAM VAMANTS > 'jrffeSi :^|E*^Wilfll8SI^ KM La«t val Day Lart 0««<« *»J H*h IN StfM CM»WY *ar- COOO) Ui 8«yar «a«ar 215 9 m 3000 m AMDS c5.5*O2021* 12 -1 1 u 12 U 2"5 20.5 8 3160 -Acar ******1US5 »1.S *> 10.3 95 8.5 31*4 Acmo ******4 21
        3,498 words
      • Article
        F&N wrt: touch-and-go play
        195 24  -  WARRANT WATCH By R Sivanithy ONE OF the more interesting plays a risk-taker can make is to buy the soon-to-expire Fraser Neave warrant because it's touch-and-go as to whether the share will move up in the two weeks or so that remain. If they do, those
        195 words
    • Article
      CLOB INTERNATIONAL
      2194 24 Transaction date M.iv G mmmmm Or Or WOO Last V« Day Laat Quota Mr Mv YM Mat M Cap HUH Laar »tna Campowy Sato COOP) HM» far Payor OaOar Cw P/t $W t35 28 m ISOOO AISB 50c 57 -23 190 59 57 57 573 5.0 13 19
      2,194 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6077 25 Transaction iLitt-: M.i\ t» Or Or M Wt 1998 Laat V* Day L*«t Ou«t« M H« TM M Cap Avf Wl# Lpw WW Cim>««y Ml rooo) HH> L— anyr Mhr Cw P/l twi ErteP 43 1X5 1020 ACE Dynamic »40c.... 23 -2 26 2X5
      6,077 words
    • Article
      SESDAQ
      1131 25 9f Or M Wt 1«M Laal Vat Oay laatOuata M* 0«* YM KM Cap A** Hl» L— KW» C—p—y Ml rOOOt W0I Law lnw Cw Wl Wlw 134 92 2000 ABR MtagiSc 100 -1 2 100 100 ***** 4U 101 243 T« 4 2049 ASAutalOc 152 -M 131 174
      1,131 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        HOT STOCK
        72 26  -  -by: Shiv Taneja REKAPACIFIC Bhd closed one cent tower yesterday it 18 cents on a volume of 6.79 million shares, compared with its 10-day traded average of 5.1 million shares. The counter is trading just off its two-and-a-half year low. The daily RSI and Stochastics are oversold, but
        72 words
      • Article
        Untitled
        179 26 HMCapWt99 8,026,000 •fMUNcmcM 6,790,000 Easytnit MDOc 6,190,000 •MRMMTCH 5,728,000 ihd 50c 5,002,000 •Nf Capital 4,260,000 MS Lad 4,183,000 SI*Ta<15c 3,625,000 HMCjflM 3,577,000 3,407,000 SlftFaratp 23.800.927 MSFaraian 22,964,860 OyOnSOc 17,892,096 Sm 12,099,936 OCtCFw** 12.016,900 ShifTal 15c 9,657,870 mim* 9.420,151 UK 8,700,000 KappalCarp 8,019,918 Ml FaraHn 7.774.550 Mm* CMts ftjlllilM 4 33.3
        179 words
      • Article, Illustration
        Lock icon US hedge funds said to be selling short in a big way
        679 26  -  STOCKMAKKBT COMMENTARY Institutions steer dear as such funds cash in on region's weak sentiment; shares also hit by absence of bids at land tender By R Sivanithy [SINGAPORE] US hedge funds were reported to have stepped up their
        Chart «*) tram Bridge  -  679 words
      • OH THE GRAPEVINE
        • Article
          New Moody's hand in S'pore
          91 26 CREDIT rating agency Moody's Investors Service has named Kathryn Kerle as representative director of its office in Singapore, replacing Patrick Winebury who will be re-assigned to the East Asian hanking team in the New York office. A Moody's statement said Ms Kerle joins Moody's after
          91 words
        • Article
          Paper chase
          76 26 THE Asia-Pacific saw a total of 70 new depository receipt offerings last year with more than US$4.5 billion (S$7J billion) raised by 32 companies, according to figures compiled by the Bank of New York. Singapore accounted for a 5 percent share through a US$22B million offering by Asia
          76 words
        • Article
          Net Mark,but Michael
          106 26 TEASER advertisements from Templeton Asset Management talks about a new unit trust managed by a ftmd manager who "makes investors rich and CEOs tremble", which they are planning to launch not week. It is not the oft-paraded good doctor Mark Mobius who is being referred to in
          106 words
        • Article
          Unit trust fair
          114 26 STANDARD Chartered Bank is organising a unit trust fair in July, and is hoping to get at least 20 unit trust managers to :T".£ participate in tills first ever fair dedicated to the retail fond industry. Given the media blitz planned, Stanchart is hoping to attract at
          114 words
        • Article
          Pet shot at the IMP
          121 26 IT SEEMS former US Secretary of State George Schultz has taken time off from his retirement to lambast the IMF. "We should end the IMP now, thafs my opinion," he testified before the Joint Economic Committee in the US Congi ess. which is debating the
          121 words
        • Article
          Tee-ing off with the chief
          124 26 WHILE ordinary folks may complain about the difficulty in joining the Hongkong Golf Club, at least one Hongkonger has jumped queue—and he doesn't even play golf He's none other than Chief Executive Tung Chee-hwa, who was given an honorary membership by the duh, a British
          124 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1104 18 fJWTfI ftft&lßlilߣs) r Ju SM SUMMIT HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at The Board Room, Summit Building, 45 Übi Road 1, Singapore *****6 on 22 May 1998
      1,104 words
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      Page 18 Advertisements Column 2
      87 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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      231 19 V V I I t. m f 1 w 1 '~V' Mr > vs&iifii "\MS -v W W t r '*yy j'' yyT^i'y i -V f- if jjrT-' J&'W f .f Come down to CLARKE QUAY for the Jamaican Jamboree, mon. (1 lO May 1998) Get ready for 10 days
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      138 20 lls your accounting software I going to crash on Jan 1,2000? I The Millenium Bug (also known as the Y2K Bug) is going to cost the IRS I (USA) some US$B5O million to fix. This bug is likely to hit your current accounting software too. '1 JkY 41 H j
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      18 20 It's a joy using The Straits Times B Classified to find the ideal escapade for my family. J
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      90 23 •V* r Corporate celebrations are opportunities to Yt- Qil aftfgPi have a total communication approach in enhanc|yvJ\|fl Mmu tjp H| ing your company profile to your business Wm JZffL. Wwlwt associates and customers. It may be a grand opening, launching ceremony, company anniSrajgT versary, ISO certification, ground-breaking ceremony or a
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      34 24 f Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE CITI NEVER SLEEPS Branches at 1 Shenton Way 268 Orchard Road 21 Jurong East St 13 www.cittbank.com.sg
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      50 25 /it was such\ f The Straits Times Classified. Flowers (a nice surprise 1 I I'd like to deliver a V N. anyou^ bouquet of flowers i/"— x^my girlfriend. —i jfcjgg "x] Buvinfi or selling throuflh AH (Jffiy The Straits Times Classified is child's Play. gft Call CAT.S. at 1800-737-1166. I
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      740 26 jfcUSINESS offers 1° »i(l\t'rtisi'i;ill 1011-lrcc INOO-741 ISS3 j IN THE MATTER OF THE COMPANIES ACT (CAE. SO) AND IN THE MATTES OF ESTRELLA PROMOTIONS PTE LTD (IN MEMBERS'VOLUNTARY WINDING UP) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company duly convened and held at 78 Shemon Way #28-01
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      Page 26 Advertisements Column 2
      399 26 NOTICE IS HEREBY GIVEN that, I Lim Swee Yang of Blk 216 Pasir Ris Street 21 #09-196 S'pore *****6 have applied for a Public House Ist Class (extended) Licence in respect of M/s J. C. Pub Pte Ltd located at 51 Joo Chiat Road, #01-02 #01-03 Singapore *****3 and that
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      Page 26 Advertisements Column 3
      691 26 NOTICE IS HEREBY GIVEN that, I Kan Shee Thong, Paul of Apt Bik 109 Hougang Ave 1 #08-1020 Singapore *****9, have applied for a Public House First Class Licence in respect of M/s L'or Bistro Cafe Pub located at No. 11 Kampong Bahru Road Singapore *****4, and that this application
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      Page 26 Advertisements Column 4
      288 26 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF PUJATIMAS (S) PTE LTD (In Voluntary Liquidation) Extract of the Minutes of an Extraordinary General Meeting of the members of PUJATIMAS (S) PTE LTD held at 8 Robinson Road #08 00, Cosco Building. Singapore *****4 on
      288 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      287 27 Bridge News, Reuters LITTLE new surfaced in late trade here with the market unlikely to gain any momentum this week, brokers said. A few new cargoes were seen and some brokers thought the Atlantic Panamax market waa "steadying". Fixtures TAMCBMh Details of concluded business were slow to surface
      Bridge News,; Reuters  -  287 words
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      MARITIME '"STOCKS
      238 27 ~4Bk i 1 «S« 9 Hi CWTOMWButton _0.74 Oman Hap 0.50 unci) 26 Caace invaatmant 0.80 uncfi 12 t rMMlMl 0J1 undi 93 UHtMnqi 030 *0.01S Mai Son HI# 0.54 *0.01 27 HttacNZaaan 0.6a -0.008 63 IMCHaMnga MK 5.60 J&f HaMtoqa 0.455 Jurano SNpyard 7.85 gneti 4 Kip»W
      238 words
    • Article, Illustration
      Lock icon ISM Code: S'pore reiterates firm stand
      343 27  -  SINGAPORE TANKER EVENT By] Felix Chan [SINGAPORE] Ships calling Singapore which do not meet the standards required under the ISM (International Safety Management) Code will be detained or denied port entry, Communications Minister Mah Bow Tan reiterated yesterday. "Singapore views with concern the number
      FILE PHOTO  -  343 words
    • Article, Illustration
      Tanker market not badly affected by Asian crisis
      432 27  -  Upturn in demand in South Korea at start of yean Mitsui official Reportshj. Marcus Hand [SINGAPORE] The tanker market should not be too badly affected by the Asian economic crisis, industry officials said at the Intertanko conference. MasafUni Shinoda, general manager of
      432 words
    • Article
      Intertanko to set up regional office in S'pore
      130 27 [SINGAPORE] The International Association of Independent Tanker Owners (Intertanko) has announced its council has agreed in principle to set up a regional office in Singapore. The office In Singapore would be Intertanko's first regional office. It currently has offices in Oslo and
      130 words
    • Article
      Off: OECD anti-subsidy accord and P&O ship's inaugural cruise
      666 27  -  MEWBUILPS By: David Hughes IT has been a depressing time recently for anybody looking for even a tentative move towards sensible pricing in the newbuilding market. As noted before in these columns, prices have been softening in recent weeks, most notably
      666 words
    • Article, Illustration
      Lock icon Sacked dockers demand removal of guards, dogs
      600 27 AUSTRALIAN DOCK TUBMOIL Thousands take to the streets to protest agjunst govt's industrial laws AFP [SYDNEY] Australia's ports remained idle yesterday as sacked dockers demanded their employer remove guards and dogs from the wharves before they returned to work to end a month-long
      AFP; FILE PHOTO  -  600 words
    • Article, Illustration
      Lock icon In search of 'sunken treasure'
      711 28 WRECK-DIVING IK ASIA A team of divers recently started as a pioneer team to explore and document what lies underneath Asian waters Bernama [PULAU TENGGOL] TALES of sunken treasures around the Malaysian waters as well as the region are sure to set people drooling over
      Bernama  -  711 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      247 28 PACE DjakUoyd 9 ACL 9 Dongnama 3 ANL 3 ECl 5 Accord 8 "hwtHM 6 Appenship 5 Eurohans 6 Astro 3 Ewrgreen 6 Austral 9 FoongSun 8 BSA 7 GUn* 4 Batamindo 7 Genurtrans 8 Bayswater 8 Genshpg 9 B tang Mas 8
      247 words
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      SHIPPING GUIDE
      22900 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Vtutl Voyaga Talaphona ETA ETA Advartlsar VmwI Voyaga T.Mphor. I SIN OMt'n Nam* Nam* Numtwf NumOar SIN Dasfn Nawa Nama *g*g ■MMMMHMMMMMMMHMMMMMMMMBNMHMMMMMMNgMNMi aMHHHMHHHBKMMHHBHHHBBHHMMMHMMi 09/09 29/09 Quadrant DORIAN 227* *5-*****44 A 10/05 21/09 Hyundai MM HV TRUSTY 102W *5-115*44 aam uuiia n MAI 10/05
      22,900 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        870 41 VmmI Voy No Berth Arrival Departure MWKtt *006 JWW *5 «on<wW 0105/2300 H AnuqtrMa *****$ JOI 06 05/2300 tt On MM 0105* JOI IM«M* 070VB200 ItNMtfJtv *****6 JOI llMRlll 07 05/0400 It I nun MAT6 J01 JkMfUOt 07 05/0700 II MM MATT J01 M0«0M4» 07 05/0700 R Mia
        870 words
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        CONTAINER SCHEDULES
        1683 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Bo lone* Rstts Ship Voy do Etb/Btr Period From To Fro« Ac. tow OOM 01/1*00 u M/noo 04/859 04/800 a ot/tsoo ot/KS* 04/m» a 04/1700 07/045? 07/0900 a 04/1700 07/04M 07/0900 07/0700 07/W9 07/M00 4 07/1200 07/M5* 07/1700 AMR MM
        1,683 words
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        GLOBAL HOLIDAYS
        199 41 May 8 Denmark: General Prayer Day. France: Victory Day. May 10 Indonesia: Waisak Day. May 11 Malaysia: Vesak Day. Singapore: Vesak Day. Thailand: Visakha Bucha. May 18 Canada: Victoria Day. May 21 Austria: Ascention Day. Belgium: Ascention Day. Denmark: Ascention Day. Finland: Ascention Day. France: Ascention Day. Germany:
        199 words
      • Article
        COCKETT BUNKER MARKET REPORT
        918 41 THIS report, compiled by Cockett Marine Oil Ltd. show* price ranees in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sued stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
        918 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        432 41 CjrtM WO (tan m2 0.9 *0 O.TI 123 0.06 Aar 30 Owuitr HtUr >i>Mh Ask «M*i Ml *>Mm«E25 1 0 1 J 0 -Z-?- 300 AM MM 0.2 16.4 0.06 30 0.03 380 Max 992.9 2-0 W.6 0.* 72 0.00 tori %1ft U/U M/M WW mmt
        432 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Regional airfares rise despite financial crisis
        555 42 Asian air cargo exports forecast to grow 5.1% annually till 2003 AFP. Reuters [HONGKONG] Regional airfares have increased in local currency terms despite a huge drop in passenger volume due to the Asian financial crisis, a new report said yesterday. American Express said its
        AFP.; Reuters  -  555 words
      • Article, Illustration
        Lock icon Cathay's cargo volumes lower than expected in first 4 months
        426 42 Reuters [HONGKONG] Cathay Pacific Airways Ltd said yesterday its cargo traffic was below expectations in the first four months of 1998. "Volume is below expectations for the first four months," Raymond Jewell, Cathay's cargo sales manager, said. The air cargo
        Reuters; FILE PHOTO  -  426 words
      • Article
        Lock icon Dragonair's revenue down slightly
        398 42 Reuters [HONGKONG] Hongkong carrier Dragon Airlines Ltd (Dragonair) said its revenue fell slightly in the first four months of 1998 compared with the same period last year. "Compared with last year we recorded a slight drop in revenue," lan Shiu, Dragonair's sales and marketing manager, said.
        Reuters  -  398 words
      • Article
        Lock icon ANA pilots considering whether to resume strike
        226 42 Bloomberg [TOKYO] Pilots of All Nippon Airways Co, Japan's sec-ond-largest airline, are considering resuming their strike, suspended during a popular holiday travel period that ended on Tuesday. ANA pilots who fly longhaul international routes on Boeing 747-400 aircraft were to meet later yesterday
        Bloomberg  -  226 words
      • Article, Illustration
        Lock icon Another bridge to Chek Lap Kok airport
        58 42 [HONGKONG] Lights brighten up Hongkong's Ting Kau Bridge during its opening ceremony. The bridge, measuring 1,580 metres in length, is the world's third longest cable stayed bridge which provides a second access to the new Chek Lap Kok airport from downtown besides Ching
        REUTERS  -  58 words
      • Article
        Lock icon Chinese car maker aims to double turnover
        386 42 Dongfeng Motor hopes to increase market share from 11% to 14% AFP [BEIJING] Chinese car producer Dongfeng Motor Corp (DFMC), a partner of France's Citroen, expects to double turnover and production by 2000, the China Daily reported. Last year DFMC manufactured 174,000 vehicles
        AFP  -  386 words
      • Article
        Lock icon European airline traffic up 6.3%
        186 42 Reuters [BRUSSELS] Major European airlines saw a continued traffic rise in March, with a passenger growth rate of 6.3 per cent over the same month last year, the Association of European Airlines said. "While this is a lower growth rate than in the first two
        Reuters  -  186 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1504 42 QTY aiCHT C7A MOOT ETC UMMi 8A7381 l»IO 8A7382 2055 WSS atW Of81 (930 0TS2 2055 SOW3 >905 C2352 0035 SOa» 2220 C2353 2045 SOW <20 kmtttrUm KLI43 0450 KL846 0040 Hanoi **741 1310 ****** M» KU37 (455 K1030 2300 WI743 1925 1 Mftaat $0347 0(20
        1,504 words
  • Page 27 Advertisements
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      23 27 Wreck-diving in Asia: In search of sunken treasure A team of divers recently started to document what lies under Asian waters. Page 2
      23 words
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      Page 27 Advertisements Column 2
      181 27 Regional airfares rise despite financial crisis Asian air cargo exports forecast to grow 5.1% annually till 2003. Back Page news travels fast Sl\( iMM )KI when \i"i waul to reach «mit to a select target ;iiuiiciicc n tlic transport and lomslics nuliisti onl\ oik* daiiv oilers \oii the ad\antage of
      181 words
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      765 28 Ilililiiililiiilliiili!^ ixpfwas [qulfkarachi «oq WSSa WTAGI lOt SIN VBSn VOT JEA DOW DAN KM COi PIG SIM SmSmuu 25w$i6 n/2 air** woneduotdoahkam oh ii/os is/os 15/05 22/ M 2*/ m 30/ os s,/m OOdOWA MWS'S IS/M OMIT" MO NEDUOTD DIMU in 20/05 21/05 22/05 21/05 02/0* 00/00 17/00 wmrmw 2sws,«
      765 words
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      Page 28 Advertisements Column 2
      613 28 represented rTl r r rCS®;) MBmbers 01 R °O ls ®ry <* SnQapore Fright Forwwders V-PHPw AccredrteO Agents AssodaOor Sfigapore Shipping Association S^pmGTnffisONi^E Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 ipon 2 Hongkong -1 Man*, 1 Koo«U,ng, KWung (Aooopling FO to WCK/NAHA/S£>®Al/<3»U/ICM) viua wrurm n
      613 words
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      956 29 SAX StRVKt (PWECD 1 vcsa vot awtu uxowpoihouw ax mem an. mtc miuuuobe »i« ot/os 21/ os m/os as/as »/os 2*/ os at/as 27/y 27/w oiswa owe 13/os a/05 ~oT7oT" 01/0* vi/% n/% 02/0* JWSHBONTX W3E 20/05 04/06 01/06 0»/04 W/16 W/Ot 10/06 10/06 WWMI 0171 27/05 11/06 15/06 IS/06
      956 words
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      Page 29 Advertisements Column 2
      1658 29 <g) HANJIN SHIPPING HANJM SMffIMG (S) m ITB ta*//W> fa* (OOOK ntttttTV UUS IiNW NCNBn JJUJ7I 1/4 OKttlOft MINI 151 MM UK *****5 M 11BM OB lISMfMMN TO NW USA A CANADA I USA CANADA* fw w vo7~ i*« |si umhaim/vot sia w|i I w I wr bt |mb m
      1,658 words
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      Page 29 Advertisements Column 3
      301 29 jgsa w_ _m_ m mt s» _w_ jn_ _ia_ J®. I I ?Llllwi, wo laS CfliJ tiui< I OIKmaM MB WK IVM MM N/D5 IMS 11/K ]VK W5 [SSftANU W I I If/B IWS fM HTUMMSHMIB MM M/M IS/OS 17flS UflS M/M atOluiiC MtK I I iMEtaMHr IK?i|H/|B| MKIHSMI M7S
      301 words
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      1156 30 DSR SENATOR LINES TOUTOONTINgNT TORgDSEMmirraRHANEANCANADA wa voy npr lb« wn» m ham mv fu vtsm voy tw md on me fo» wj mtb wwiiMinwwco wrnnfZm am mm an rm mm hi wim nma n.m a* an mm mm TMHHMNEn WOHtl MM MM H MM MM 31M CHOYMIBWBM WBB MM MM
      1,156 words
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      Page 30 Advertisements Column 2
      1108 30 MY ANG MMG LJRfIEE VML brt rn < *•*> S Mtp: //www. yml.com.tw rxh > mytuooay VESSEL VOY L£H ntT HAM AM HM II MING SUN A6IIE SLO SLD SLD SU) SID OVOS MING GALAXY A9I2E SLO SLO SU) SLO SLO 12/05 GIBRALTAR BRIDGE ABI3E SLO SLO SLO SLO 05/05
      1,108 words
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      Page 30 Advertisements Column 3
      341 30 LINE Br A. TVLi 3«1343« FAX. I9UIIS i MUARA j i LABUAW j vcsa m ni n vasa nr m n vou nnu srau in tmtum vut/a ot/ts m/h immmt vrn/n */w w/m irtosra via/* io/a u/a inwm wa/a io/h m/h ttrntum via/* is/as i«/»s <wa—nr in*/* is/as a/a inosra
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      1355 31 VESSEL VOY SIN POU PKO PEN BLW SUH DOB BA BIK IRAN VAHDAT PJL 1284 21/06 30/05 IRAN TAKHTI PJL 1286 28/06 06/06 07/06 IRAN TEYFOURI PJL 1287 06/06 16/06 16/06 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLANO POINTS IN IRAN CIS COUNTRIES I.E. A2ARBAUAN. ARMENIA. KAZAKHSTAN. UZBEKISTAN. TURKMENISTAN. KIRGISTAN, TADZHIKISTAN 1
      1,355 words
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      Page 31 Advertisements Column 2
      1897 31 direct saiung 1 T sn*****! **"®A*G|] I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****01 OUTWARD (IA) *****02 JOHORE OfFKE: COSTAR SHIPPING PTi LTD #17-01 drsbiog saus/mgs *****41/43 inward KPT (D/ 0) *****15 COSTAR AGENCIES (M) SDN BHD CR N(hjj7l7l<ooool> TOWER TWO (*****9) CONVENTIONAL *****50/55 T/SHfWT DCPT
      1,897 words
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      Page 31 Advertisements Column 3
      532 31 EASTERN CAR LINER, LTD.'^'SXT olttj ECL (SINGAPORE) PTE LTD ZsSSZ- SPECIALIZE 1 ROUP HEAVY UFT UPTO 122 TONS ECL (SIN6APOIE) PTE UD LOADING FOR PORT KLANG/KUCHING/KOTA KINABALU LONG BEACH TACOMA/ VANCOUVER MV "SUN DANCE" V.37 MV "SUN DANCE" V.37 ETA SIM 07/05/98 ETA PH. 08/05/98 ETA SW 07/05/98 ETA LONG
      532 words
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      1249 32 EimOPI/UIW€AHDimWA/fIIItAIID/WHSU> SGP RDM ANW HBG THP ZEE LHV LMV THP RDM ANW HSG MIL SGP E RESULT RW-010 17/08 Ml 1W N« MM OIM 10*0 E. GALLANT RE-055 13/04 15*4 14*4 16*4 18*4 11/88 U*s E. DEVOTE RW-OQI 24*6 12*6 17/00 13/ M 15/08 18*6 17/* E GROUP RE-868 18*4
      1,249 words
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      Page 32 Advertisements Column 2
      853 32 am MAC-NELS S'PORE M'SIA I Carrier: MN CONTR LINES, INC I lV I on MO. IXXM7BOOOOR SOU: (064) 31«17» MANILA: (632) *****24 PENAMO: (04) *****36 BANGKOK: (662) *****97 SURABAYA: (31) *****0 P. KELANO: (03) *****77 JKT: (21) *****07 MOW: (61) *****3 KUCHUG (062) *****1-3 MANILA OENOA/IARCILONA/ll MARYF MV "ANROTEMASEK" VJOQS
      853 words
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      Page 32 Advertisements Column 3
      405 32 NANTAI line FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOT I SW» I PIU I DUK I CW I l/lOT MAMttl QUEEN VO27S 14/05 72/05 26/05 30/05 03/04 mroupMCow voots 24/05 02/06 06/06 10/04 mmirtma turn 25/05 07/04 11/04 MHim 1027S 02/06 10/0* 14/0* 11/04 21/01 GOLDEN MMH
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      391 33 I BSfl n.l Wm MYANMA wBBk FIVE STAR UNE r (Myannar National Lint) VA Loading for Yangon (Rangoon) vtssu VOY SIN PKG PIN PGU MfRGUI 14JW SU (AGO 102W 10/05 MALAYSIA AGOfTS; OOUSTIAD SHIPPING AGiNCKS Kill: TU 02-03-*****00 PKL Ttl 02-03-*****01 PIN: HI 02-04-2****** POO; TU 02-07-*****21/4 BANK LINE (A
      391 words
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      Page 33 Advertisements Column 2
      1163 33 /S. HYUNDAI I MERCHANT MARINE CO. UP. ivmh. vof V soulloildtm|ant|mam|okv|>e [vcsb. voti sou Il« etw |Am 1 maw 1 eov jFa■ hn JO4W 00/05 24/05 31/05 20/05 20/05 MY AMORAL 3121 13/04 10/04 15/04 16/04 07/05 TYW 305W MO5 3/05 30/05 24/05 26/05 NYMGMESS 310 C 15/04 22/04 10/04
      1,163 words
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      Page 33 Advertisements Column 3
      918 33 4P nor upon ip», outooorrwi Qfmsts mm mm awes TO NORTH AND LATIN AMERia Ro HEAVYUFT SOVKT [VTSSG VOY I RAMP HEIGHT 9R UX ai I MIA I SAV IMI I OtF NYC NEW |MM UB Fit* «ns "T3i IW"TW"TW~"H7SrW6r"K7Sri776r"SI7SrWBrW7ir TEXAS fill 4001 m 6.3 M 10/05 25/06 04/07 07/07
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      678 34 AHOKOK/LABM CHABANQ JAKARTA/PAN JA NO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN MATHU BHUM 354N8 ioPt~ 10/06 XETHA BHUM 231 SB ~inPt 08/0T" ANAH BHUM IQ4N Qft/06 13/08 XETHA BHUM 2318 In Pt 08/06 CHAWABHUM 17N 10/06 13/06 13/08 OURU BHUM* 778 08/08 12/06 ACX RUBY 21N
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      Page 34 Advertisements Column 2
      405 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0208 ■MB TEL: *****88 FAX: *****84 TLX: R*****6 SINMER fIPSfIV CR No: **********0W Receiving Cargo at PTI Bintulu Muara I BWHI vissa vor sm m msu vor sin mka I See mmOM/W IS/05 MJdi WBO7E MW/05IZ/05 im« mm 16-1//05 rim km
      405 words
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      Page 34 Advertisements Column 3
      730 34 1 ACCORD A SHIPPING PTE LTD IRi *****15 (40 Line*) FAX: *****30 KMUMK fU)M7ISH ml M DIRECT ACCCSS TH.: *****55 (KXPOET OOOKINO) MSB OMMN6 197) f$ IW7 *****34 (EXFOer ooq, *****39 (MWPO«T) KMM (U)*****4» uiUU (71) MOW port ita tin port ita sir port ita sir port ita im (FAR
      730 words
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      366 35 INDONESIA NATIONAL LINE TO EUROPE "T KXPIMIB BWW-OOKPUWPHSED SERVICE VU I VOY |rTOlT|*~0*IM(0AI« NIURO MCMM AJITWtAP YEHEL 48W11 22/ M 27fM OMIT 2/7 TO AUSTRALIA FULL CONTAINER SERVICE m vor HnH m am m m m m. m UMJMI «M |IM4 2M<|n6B 0M» 11« 1«5 17« PtO IBUOVD WMNC vSi
      366 words
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      Page 35 Advertisements Column 2
      964 35 ADVANCE CONTAINER LINES (PTE) LTD ZZZZZZZ! A I I 140 CacM Street #12-00, PIL Building, Singapore *****0 L; TEL: *****21, FAX *****18, TELEX RS ***** ACLPL CR WO. **********06 OPERATIONS: *****6 a *****05 BANGKOK JAKARTA (WWMy H|» mn »m Lew/1 m IMT) VOY SM BKK VISSa VOY M* JKT ANAN
      964 words
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      Page 35 Advertisements Column 3
      835 35 |g^|ggg||^H VE3BELB WY |">N I JED MU I IB) I HAW I TMP 1 I wj-EoevaA M2BW 11/06 anfos 25/06 wg oi/oe gg own o&oe VH£O6OB*MA W9H 22/06 31/08 gg 10*06 11 AM 12/06 13/06 14/06 VHED-OWOW Y2BW 2M6 04/06 OBrtW 14/06 16/06 17/06 18/06 I*o6 V-l£ 061H6M06A V26W 01/06
      835 words
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      47 38 Dial 740-6000 on demand —MmJ (Retrieve more schedules!) Press "1" CT JC\ Select the port and key in the four digit code eg: To New York (NYC) 2275 st«£) Key in your fax number your phone number Another innovative service offered by The document will be Shippinghmes
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      110 41 LEGEND: R Thunderstorm Temperature c A V Shower Weother —X Wind drection with speed m knot* ee Ron Cloudy Sky Wov Stwjoee winds ore indicated by arrows which Hy wrth the wind 0 One hdl circle represents colm of light ond voriabte winds One ho* fteche represents 5 knots L»
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