The Business Times, 21 May 1998

Microfilm: NL21187
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 110/12/97 85c SING ORE Internet: http://www.asial.com.sg/biztimes THURSDAY, MAY 21,1998
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  • Article
    MARKET SUMMARY
    60 1 MU73.T0H.84) <B3U JflvrooHF T ll.mn (+4.79) PMrmi UOM? (+0.22) niunrm Un»i mm sabot onus Wednesday Change ELSE COUP Milt +1477 MKKH litffKJt f ***** HjUBSEWO UMHI8 +MM? •SKt- ftUl +906 JAKARTA OOXP .***** *141* MANILA COUP —IMUf +#1* TAIPEI WPI 8JM7.49 13LSS SEOULOOMP m.17 *€M OSA CHINA B
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  • Article
    FINANCE
    70 1 POBSXIATBS U8t 81 U» lM J !<USi/Stper£) 1.625 UN DM 1.777 9J14 YEN— IM1 tJwr MS 3.810 Mtl HK» 7.7M Ull BAlff 3914 0.042 MJPIAH 11,KO t»lt* 'Stto lOOunMs FUMBKATB8 SINGAPORE* 7JS KUALA LUMPUR nil JAKARTA MM BANGKOK 1471 MANILA OM HONGKONG 1U6 TAIPEI Ml SYDNEY KM TOWO .2.80
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  • Article, Illustration
    Lock icon Indon elite in tussle to steer political transition
    1214 1  -  By i Greg Earl Keith Loveard in Jakarta INDONESIA'S elite is engaged in a tussle over the country's leadership transition amid growing opposition to President Suharto's plan to hold a general election before he steps down. The key issue is the lack
    REUTERS  -  1,214 words
  • Article, Illustration
    Lock icon J P Morgan veteran to head DBS Bank
    601 1  -  His appointment expected to usher in period of change at the Big Four bank By l Catherine Ong [SINGAPORE] A veteran banker formerly with J P Morgan is set to become the next chief executive of DBS Bank, making him the first
    1979 FILE PHOTO  -  601 words
  • Article
    Government lifts curbs on CPF-approved unit trusts
    772 1  -  Fond management industry gets big boost By I Shiv Taneja [SINGAPORE] The government has lifted virtually all the investment restrictions on Central Provident Fundapproved unit trusts, whose numbers and choice of investments are set to swell with the addition of more domestic and
    772 words
  • Article
    Malaysian agency to acquire banks' bad loans and assets
    824 1  -  Mm is most drastic step yet to tackle moon ting problem From Eddie Toh Meera Tharmaratnam in Kuala Lumpur MALAYSIA yesterday took its most drastic steps yet to deal with the problem of mounting non-performing loans (NPLs) in the country's banking
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      122 1 msnm April trade Sgnra Singapore's key non-oil domestic exports dipped by 1.6% in nominal terms in April, signalling that the economy could be slowing down faster than feared, Pf 3 -T— in MM-mtanhcw Cycle Carriage kicks off a mini-motorshow tomorrow, '■> Bank stocks have been rallying in the last two
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      37 1 US expectn delay in IMF loan, Pg 6 US channelled USs26m aid to Suharto critics, Pg 6 Editorial: Indonesia's tricky transition, Pg 12 A provident move for funds, Pg 2 Approved fond* turn in poor results, Pg2
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      64 1 de/uuj -/<9&O neless lines of mechanical perfection Our tradition since 1860 ES*'^ GAPORE: Cbopard Boutique, 415 d Road no. 02-36, Wianu Atria, Tel. 4 51, Fax 65/235 82 00. Dickaon shops: >menade, Centrepoint, Sun tec City shops: Lucky Plasa, Millenia Walk, City, Paragon. For More information: d Asia Pte Ltd,
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      Page 1 Advertisements Column 4
      8 1 ITsia tax exemption for foreign remittances, Pg 7
      8 words
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  • CPF INVESTMENT SCHEME GOES GLOBAL
    • Article
      Provident move for funds
      1084 2  -  Relaxed CPF rules will bring out new unit trust products and improve efficiency for fund managers By' Wong Wei Kong THE relaxation of rules governing CPF funds may change the face of the unit trust industry in Singapore, by encouraging fund managers to launch new funds
      1,084 words
    • Article, Illustration
      Lock icon A whole new era in investing
      1423 2 Liberalisation of CPF investment scheme QritoriHpr Fund Mmpqraart Ovupriw (FMCs) Id b» approleJuiidar CPRS The FMC must w Hold an faireatment«clieerteic»nce under the Securities fadustiy Act a be a bank Hearsed under the Banking Act Hawe a mfamiri one-year track record as a ficensec
      FILE PHOTO  -  1,423 words
    • Article
      Approved funds turn in poor results
      449 2  -  Managers cite curbs on markets in which they can invest By\ Shiv Taneja CPF-approved unit trusts, which focus almost exclusively on Singapore and regional equities, have turned in a poor performance in the past year, no thanks to the regional crisis. On average, those
      449 words
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      90 2 Wc 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
      90 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon April visitor arrivals down 17.5%
      304 3  -  EYE ON THE ECONOMY Commerce By\ Carol Eng VISITOR arrivals saw a seventh straight month of double-digit decline in April, though the 17.5 per cent decrease is a moderation of the average first-quarter drop of almost 20 per cent. Singapore received nearly 492,000 visitors in
      Source: STPB  -  304 words
    • Article
      Petrol stations see falling sales as crisis bites
      464 3  -  Monthly sales down by 3-4%, say those in the industry Byl Ronnie Lim PETROL stations in Singapore are seeing negative sales growth for the first time in eight years, and they blame this on the financial crisis. Industry sources said that since
      464 words
    • Article, Illustration
      Lock icon Eye-popping art
      117 3 ■THE last major works of the late Roy Lichtenstein, the Master of the Pop Art movement in the US, were inaugurated yesterday at the Millenia Plaza. The "Six Brushstrokes comprising six colourful abstract blends of Chinese calligraphic art and American pop art, were commissioned by Pontine Land and
      ARTHUR LEE  -  117 words
    • Article, Illustration
      Court dismisses appeal by Jumabhoy patriarch
      309 3  -  By. Abdul Hadhi JUMABHOY patriarch Rajabali has lost his appeal against a decision by High Court Judge Judith Prakash, who ruled last year that his son's family had not contravened his 1957 settlement. The judge had found then that when Scotts Holdings went public
      309 words
    • Article
      Non-oil exports dip 1.6% in April, surprising analysts
      559 3  -  Fall seen as sign of faster slowdown; non-oil Imports also decline by 11% By' Ven Sreenivasan SINGAPORE'S key non-oil domestic exports dipped by 1.6 per cent in nominal terms in April, signalling, economists say, that the economy could be slowing down faster
      559 words
    • Article
      Union leaders urge workers to accept wage restraint
      285 3  -  By Kan Yi Kang IN THE wake of news that more than 7,000 workers were retrenched in the first quarter, union leaders have urged workers to heed the call for wage restraint. In the editorial of the latest issue of NTUC News,
      285 words
    • Article
      Regional telecoms exhibition to open on June 2
      316 3  -  By' Teh Hooi Ling THE current economic gloom notwithstanding, this year's CommunicAsia, a major regional telecoms show, will be its largest ever. The number of trade visitors, however, is expected to drop slightly, but exhibitors will try to woo them by offering
      316 words
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      6 3 YuQ* 1 *7 1 iVpanhej^bao Mm
      6 words
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      242 3 RAYMOND WEIL *GENEVE v Jkl -JslS 18K gold and stainless steel. Sapphire crystal. Quarti. 50m water-resistant. Gents Ref. 9570STG *****6.70(W/GST) Ladies Ref. 9470STG SJIB3B.6OCW/GST) SOLE AGENT: CRYSTAL TIME (S) PTE LTD TEL: 747 8888 website- http //www.raymond-weil ch Raymond Weil Showrootn Ac Swict Centre -#02-09 Raffles Hotel Arcade. Suppose *****9.
      242 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Pidemco renting out 2 properties
      416 4  -  Move to lease Shelford, St Martin's properties on two-year terms suggests delay in their redevelopment By. Ang Wan May [SINGAPORE] PI D E M C O Land is renting out its Shelford Road and St Martin's properties on two-year terms, suggesting that redevelopment work on
      FILE PHOTO  -  416 words
    • Article
      Lock icon Buyers spurn most hated Aussie devt
      374 4 Only 22 fUta mM in complex near Sydney Opera House AFP [SYDNEY] Millionaire investors and home buyers have turned their backs on Australia's most hated development leaving its Hongkong owners looking for a way out, opponents said yesterday. Just 22 of a total 237
      AFP  -  374 words
    • Article
      House Hunt
      1107 4 Paged Property transactions for districts IS and 16 (sectors 42 to 46 and 46 to 48) lodged between Mar 90 and May 16, 1998 ftWHlMwW Prop Contact Tanura MM* Pfea Stoat Mm Typa (Mi Land Araa (aqft (STOOO) (S® District 15 Amber Part Apt 06/04/98 FH 1744 960
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      265 4 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified Service FACTORY ALONG MARSILING ROAD Located at the fringe of Marsiling industrial estate Land area: 120,328 sq ft Floor area: 100,000 sq ft Tenure: HDB leasehold 60 years from Ist September 1974
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      217 4 FOR RENT TOO GOOD TO BELIEVE DISTRICT 15 s+l with attached bathrooms, fully furnished Air-conditioning for all bedrooms, living and dining rooms, Auto gate with remote control, intercom system. Dual Solar/Electricity Heater for all bathrooms A kitchen Rental is negotiable depending on furnishing arrangement Land/Built-in: 3300/3600 sq ft 6 minutes's
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  • Page 5 Advertisements
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      367 5 way £1, i»so Page 0 j/j'-v* mm? JB^BMBMfcJBB^BHMBI ..^Ki .aM^BI |t YOU WANT YOUR HTa KJWII THMIK BI G -jil K> ;1 PV I K^ ■Rjfli^^^rHl*<*o M ■m VI i 1 I m With wide open spaces and abundant greenery to calm and In other words: greater flexibility, better synergy
      367 words
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  • INDONESIA IN TURMOIL
    • Article
      Lock icon US expects delay in IMF loan; review of reforms on the cards
      537 6 Political chaos will impact on budget deficit and inflation ontlook for Indonesia Reuters AFP [WASHINGTON] Political chaos in Indonesia is set to delay the next payment on a US$4O billion (Ss66 billion) rescue deal and force a new
      Reuters; AFP  -  537 words
    • Article
      Lock icon Outlook on bonds brighter but uncertainty still looms
      459 6 Bloomberg [NEW YORK] President Suharto's pledge to call new elections and step aside gave bond investors one of the first reasons to be optimistic about Indonesian debt in a long time. A peaceful transfer of power might help Indonesian corporate and government
      Bloomberg  -  459 words
    • Article
      MFA closes counter at Jakarta airport
      118 6 [SINGAPORE] Nearly 4,600 Singaporeans have fled Indonesia since May 15 when Jakarta was rocked by riots and looting on a scale unseen since 1965. But the numbers have dropped significantly since Tuesday as SIA flights returning from Jakarta in some instances had no Singaporeans
      118 words
    • Article, Illustration
      Lock icon Sultan of Yogyakarta joins 500,000 in protest
      356 6 Reuters [YOGYAKARTA] Nearly half a million people took to the streets of Indonesia's cultural centre Yogyakarta yesterday in the biggest protest against President Suharto's rule, organisers and witnesses said. The Sultan of Yogyakarta, the traditional monarch, joined in protests demanding political reform, which
      Reuters; REUTERS  -  356 words
    • Article
      Lock icon US channelled US$26m aid to Suharto critics
      526 6 US agency aims to promote transition to civil society Bloomberg [WASHINGTON] While trying to shore up President Suharto, the Clinton administration has also been giving crucial support to some of the most important Indonesian opposition groups, hoping to promote a transition to a
      Bloomberg  -  526 words
    • Article
      More Indonesians in town? Not at many restaurants
      382 6  -  By i Chin Jit Fong {SINGAPORE] There may have been a surge in the number of Indonesians in town, but they don't seem to have descended on the Indonesian restaurants here. Not all the eateries, anyway. A check with a dozen Indonesian
      382 words
    • Article
      Lock icon KL waives visa ruling
      155 6 AFP [KUALA LUMPUR] Malaysia has allowed 100 foreigners fleeing riots in Indonesia to enter the country without visas but it is intensifying security along its border, reports said yesterday. The foreigners, mostly from India, Pakistan and Africa, could remain temporari ly in Malaysia until they are
      AFP  -  155 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Foreign income remitted to M'sia exempt from tax
      502 7  -  Move applies to individuals and is valid for income brought in until Dec By M Meera Tharmaratnam in Kuala Lumpur IN an effort to boost the flow of foreign funds to Malaysia, Finance Minister Anwar Ibrahim yesterday announced the government will not
      502 words
    • Article
      Lock icon Economists see M'sia heading for recession
      358 7 Reuters [KUALA LUMPUR] Malaysia's economy, hobbled by the regional crisis, is heading towards recession as an austerity drive to slow growth begins to overshoot targets, economists said yesterday. They said financially troubled companies, falling industrial production, a smaller-than-expected recovery in exports and declining domestic
      Reuters  -  358 words
    • Article
      Trading restrictions on Kin Khoon lifted
      340 7  -  SC satisfied with its effort to improve financial position From Ruth Wong in Kuala Lumpur THE Malaysian authorities have lifted trading restrictions on Ipoh-based stockbroking firm Kin Khoon Co Sdn Bhd, which resumes full operations today. The Securities Commission said yesterday that Kin Khoon
      340 words
    • Article
      Thai central bank may sue officials of finance firms
      382 7  -  They face the rap if mismanagement crippled the firms From Harish Mehta in Bangkok THAI central bank governor M R Chatu Mongol Sonakul has threatened legal action against executives of the seven finance companies taken over by the bank on Monday,
      382 words
    • Article, Illustration
      Lock icon Thai parliament set to approve issue of US$5b global bonds
      461 7  -  From, Harish Mehta in Bangkok THAILAND'S parliament looks set to approve four cabinet decrees to issue global bonds worth USSS billion (SsB.2 billion) and raise the government's ceiling on foreign borrowings, but there were concerns from opposition MPs about the
      AFT  -  461 words
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      252 7 If your Computer Network is giving you r—' A sleepless nights, call Agiv SofTech. We're S COf^^ t3O the friendly networking specialists who f are leading the way in our field. We'll be glad to offer you solutions that are innovative yet affordable. Agiv SofTech's computer services include the following:
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      40 7 Downtown Va icouver Property I 51 \/.\jloy lMc rcehoUl \/r< iititl Mtiniignm'nt Protection j|[ i \la i n s -i J y/ s< cure \flUuc Reputation Vi ihitted Sm«it[u>>c \Uoivicnt C all 65) 333 -631 3 or our at www.concordpacific.com/Singapore
      40 words
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  • REGION
    • Article, Illustration
      Lock icon Tung hopes to keep HK property prices reasonably steady
      569 8  -  Assurance comes in wake of fierce price wars among major developers From* Quak Hiang Whai in Hongkong IN THE wake of a fierce price war among major Hongkong developers In the last few days, Chief Executive Tung Chee-hwa yesterday said the
      AFP  -  569 words
    • Article
      Lock icon Vietnam, Russia to sign US$1.5b oil refinery deal
      242 8 HANOI AFP VIETNAMESE and Russian officials are to sign an agreement setting up a Joint venture to build a US$l.5 billion (512.5 billion) oil refinery In central Vietnam, a report said yesterday. Officials from state-owned Petro Vietnam and Russia's oil company Zarubezneft
      AFP  -  242 words
    • Article
      Lock icon Ramos candidate won't block Estrada victory
      210 8 MANILA AFP RULING party candidate Jose de Venecia yesterday said he would not oppose the proclamation of apparent winner Joseph Estrada as the next Philippine president but refused to concede defeat. "I would not use my posi* tion to block the proclamation of Joseph
      AFP  -  210 words
    • Article
      Lock icon Taiwan current account surplus slides 88% in Q1
      244 8 TAIPEI USs232m anrpltu la a 3-year low; fall In exports to Alia cited AFP TAIWAN'S current account surplus In the first three months plunged 87.6 per cent year-on-year to US$232 million (Ss3Bl million) amid a decline In exports to Asian nations, data
      AFP  -  244 words
    • Article
      Lock icon 29,000 workers laid off in M'sia this year
      424 8 KUALA LUMPUR Jobless rate set to rise from 2.5% in *97 to 3.7% this year AFP SOME 28,890 workers were laid off In Malaysia from January until May 9 this year, 90 per cent of them locals, reports said yesterday. Human Resources
      AFP  -  424 words
    • Article
      Lock icon Mahathir back in office after minor surgery
      154 8 KUALA LUMPUR Bernama MALAYSIAN Prime Minister Mahathir Mohamad yesterday resumed official duties after recuperating four days at the Unlversltl Kebangsaan Malaysia Hospital In Cheras where he underwent a minor operation to remove a blood clot In his left ankle. Dr Mahathir started the
      Bernama  -  154 words
    • Article
      Lock icon Japan's April trade surplus up 53% amid import slump
      429 9 TOKYO Declining imports, coupled with falling exports, seen as bad signs for Japan, Asia AFP Bloomberg JAPAN'S trade surplus in April jumped 52.6 per cent from a year earlier, the finance ministry said yesterday, but exports dropped for the first time
      AFP; Bloomberg  -  429 words
    • Article
      Lock icon Bond issue will help growth: China
      231 9 SHANGHAI Reuters CHINA'S recent issue of .45 billion yuan (SsB.9 billion) in bonds to banks would help economic growth meet its 8 per cent target for this year, official newspapers said yesterday. The Finance Ministry on Monday issued the sevenyear "special" treasury bonds to
      Reuters  -  231 words
    • Article, Illustration
      A small step in opening up yuan loans
      596 9  -  CHDf A WATCH Though limited, it paves way for gradual opening of capital market Lu Ning CHINA'S newly-appointed Minister of Foreign Trade and Economic Cooperation Shi Guangsheng caused a bit of a stir a few days ago when he outlined his new
      596 words
    • Article
      Lock icon Year 2000 bug may wreak havoc on China's computers
      266 9 BEIJING Not enoogh done to prevent millennium glitch, say experts AFP CHINA is making inadequate preparations to prevent the "millennium bug" from wreaking havoc in its computer systems at the turn of the century, experts were quoted as saying yesterday. "China
      AFP  -  266 words
    • Article
      Lock icon Pyongyang plans US$2b agricultural reform
      209 9 BEIJING AFP NORTH Korea's leadership has agreed to a US$2 billion (553.3 billion) agricultural reform plan aimed at weaning the nation off international food aid, the United Nations Development Programme (UNDP) said yesterday. Five months in the making, the rehabilitation plan envisages US$3OO million of
      AFP  -  209 words
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      450 8 DON'T MISS THE 4D/3N YANG ON (Depart* every Wednesday and Sunday) Back by popular demand, you can now visit Yangon A dayi/3 nights at a lower tour package. With Indian Airlines, you will arrive early to experience the mysticism and charm of the land of golden Savour the local favourites
      450 words
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      Page 8 Advertisements Column 2
      164 8 STOCK.r.I.F.ARANr.F. SALE R\ZYRYK Carpets will be having Stock-Clearance Sale from ftfr Qftity (ill Wi Qflum '9ft We are offering a wide range of quality Persian and Caucasian Carpets, Rugs, Gabeh, Kilims and Runners which are specially imported to Singapore to meet the rising demand, with attractive discounts from 20% to
      164 words
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      38 8 THE WORLD S LEADING OFFSHORE COMPANY ARID TAX PLANNING SPECIALISTS HAH AM AS KSI Y BRIIISH VIRC.IN ISI AMDS MAIJRII IDS AYMAM ISI ANDS SI Y< Ml 111 S IRIIANI) WISIIRN SAMOA yyr. M 11 i www.ocra.com \A
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      243 9 BIS council to tackle millennium bug, Pg 18 As the world's premier multi-disciplinary professional services firm, we're often expected to see into the future. Which we don't find unreasonable. After all, we pride ourselves on creating it. Our Advanced Technology Group (ATG) is the leading edge of our Integrated Technology
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      1695 10 PACIFIC ANDES 1 vYY/ (HOLDINGS) LIMITED (Incorporated In Bermuda with Limited Liability) PROFORMA FULL YEAR FINANCIAL STATEMENTS AND DIVIDEND ANNOUNCEMENT Full year financial statements on consolidated results for the year ended 31 March, 1998. These figure* have not been audited. 7 Rsview of Oorattorm j 0rou Company With the acquisition
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  • THE WORLD
    • Article
      Lock icon Asian woes have mixed impact on US economy: Rubin
      418 11 WASHINGTON Slowdown in US exports offset by moderating effects on inflation Bloomberg AFP THE effects of the Asian economic crisis on the US economy are mixed, with a slowdown in US exports offset by the moderating effects on US inflation, Treasury
      Bloomberg; AFP  -  418 words
    • WORLD Watch
      • Article
        Lock icon German trade surplus swells
        96 11 Bloomberg [FRANKFURT] Germany's trade surplus widened to a six-mouth high while money supply growth slowed, fresh evidence that economic growth Is speeding up without sparking inflation. The merchandise trade surplus climbed to 13 billion marks (Ssl2 billion) in March, the Federal Statistics Office said, as exports
        Bloomberg  -  96 words
      • Article
        Lock icon BOE: Beef up euro systems or face action
        61 11 Reuters [LONDON] The Bank of England said banks which have inadequate systems and controls in their euro-related business will face action from supervisors. "If serious shortfalls are identified (particularly in systems sod controls), the banking supervisor will take appropriate action, which might
        Reuters  -  61 words
      • Article
        Lock icon US paging disrupted by satellite outage
        95 11 Bloomberg [DALLAS] A PanAmSat satellite spun <mt of control on Tuesday night, leaving millions of U8 paging customers without service. The failure of PanAmSaf s Galaxy IV satellite knocked out service to as much as 90 per cent of US pagers, paging companies said.
        Bloomberg  -  95 words
    • Article
      Accord to gear up for new trade round
      426 11  -  Pledge also to keep markets open to Asian exports From Shada Islam in Geneva THE World Trade Organisation's 132 members yesterday agreed to press ahead with preparations for a new market-opening trade round, expected to be launched at the start of the
      426 words
    • Article
      Wall Street looking at Fed rate hike in summer
      646 11  -  Bat most economists sanguine about US economy's prospects From, Andrew Marks in New York THE Federal Reserve's widely anticipated decision on Tuesday to leave US interest rates unchanged provoked barely a shrug in US stock markets. Wall Street has already turned
      646 words
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      53 11 0 wew! 1 Actual Price *I*o TEMPO (Prtct MdudbM aecMMriM) lft g|A K Actual Price $I>6o m now $<oio m 3 sCiw jS 1 pnHowccge or 1 morrreg prorecror when yxxi purchcae iO.OOO and above worth of Sfudto orodum when I dfceEwiSaii iM arf| twpinAni f iw^wrtalu turn mimm***. j®S
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      Page 11 Advertisements Column 2
      174 11 jßsa^ Complete training Low start-up costs Simple Concept Ranked #1 franchise for submarine sandwiches' Call today for a free brochure! 383-2561 www.aubway.cofn 325 Bic Drive I MiHofd,CTo646o U.SA I Tel: 383-2551 F®c 383-2554 I emal: subway ©cyberway.oom.sgl Sticking to tradition. DUMPLING FESTIVAL FROM 15 TO 30 MAY 1998 r f
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon In Ireland, the past is ever present
      750 12  -  THE BOTTOMLDVE OPINION By Maureen Dowd The writer is a New York Times columnist NYT HERE is what you need to know about the Irish soul. We are an unforgiving people. We believe in the Evil Eye. We like to fight We don't
      NYT  -  750 words
    • Article
      IN OTHER WORDS
      134 12 'We must think and act like a nation of a billion people, and not like that of a million people. Dream, dream, dream! Conduct these dreams into thought, and then transform them into action.' Dr A P J Abdul Kalam the central figure in India's nuclear weapons
      134 words
    • Article
      Indonesia's tricky transition
      649 12 EDITORIAL PRESIDENT Suharto's compromise proposal to step down has yet to become a done deal, but clearly a political transition has begun in Indonesia and the debate has moved to managing this transition One thing is certain: the consequences of not getting it right will be dreadful.
      649 words
    • Article, Illustration
      Lock icon France regains clout
      1121 12  -  After a long recession, it has experienced economic growth since early last year and a renewed influence in world affairs Byl Eric Teo The writer is business development director of Groupe Suez Lyonnaise des Eaux THREE years into the "septennat" (seven-year term) of President Jacques Chirac and
      FILE PHOTO  -  1,121 words
    • Article
      WHAT THE OTHERS SAY
      851 12 irony in ■icroson iod Dying THE legal impact of the lawsuits against Microsoft was accompanied by a more subtle upheaval in the ideological realm. The old certainties of conservative opposition to government intervention, fixed since the Reagan era, are shifting on this issue. New technologies, new
      851 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      43 12 DOOMESBPRY By Garry Trudeau HEY, COACH BEFORE COACH, I KNOW I'M GOOP, BUT COACH WILL GDDtF I ISt6NTHtSI£T7ER SHOOT, HAUZ* PERSONALS J T £2^7 OF INTENT I'P UK3 EPP!£. PREPARE 6UARANTEE Jgg*\ TO ASKYOU SOME- FORTHE IT! WHAT S!L J Z CamJßy X_^_y
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      176 13 Where to wine, dine and entertain... An All-You-Can-Lat.. ynCairnftllT (Porridge <Dlnner CguJJet j& Help yourselftp nwrtihan 30 sumptuous dukes... to W with plum m c mm Friday to Sunday 6:3opm to 10 pm ADULT I CHILD $<*****.+ $980++ *Price object to IW jenxe charge, prevailing cess AM GST. CAIDNHILIRHOTtL 19
      176 words
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      Page 13 Advertisements Column 2
      24 13 I fErmo/iqrass^^ THAI RESTAURANT Enjoy and savor the perfect combination of our innovative Thai specialties and friendly Hospitality. ak Also at The Heeren shop.
      24 words
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      Page 13 Advertisements Column 3
      79 13 For a refreshing mouthwatering Nonya buffet spread, Plaza Hotel is proud to present you with a Malacca Food Dessert Promotion, from 18 May to 7 June, at Caf6 Plaza. Make your reservations with us at 299 9011/ 298 0011! $22.50 (Adult) $16.50 (Child) Lunch daily except weekends S pubic hoktays
      79 words
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      Page 13 Advertisements Column 4
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      Page 13 Advertisements Column 5
      105 13 I l! I Enjoy i A STYLISH LUNCH AT j TOP OF THE 'M' j REVOLVING RESTAURANT i WITH 25% SAVINGS THIS MAY! j Call 831-6258/6288 (between 3pm-6pm) for your reservations. I "-gtf S|l Mantkirin [|j Singapore 333 Orchaad Road, Singapore *****7 Td: 737 4411 12 Feb to 30 June
      105 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      764 13 TV&RAPIO PnAmfetrn t2 Steel's Vanished (See LOO City Spy. EEJZEI&^^S^HIBiBBHIi^BiBIBBiBBiiB^B B Our Choice). L3O Beijing's Customs 2-30 PM TV Innovations. 4.00 News 5 Today Followed Cuisine. 4.00 Kidz Blitz: Space By Afternoon At The 2.00 TV Innovations. Goofs. Movies (cont'd). 3.00 Legend of Liu Bo Wen. 4-30 DrXargle. 5.00 News
      764 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      288 13 CRYPTIC CROSSWORD JUMOBB j j b I h ——T fe I b I h I h 1 Foreign nobleman may be im- f portant (5) VV Mff feBB 4 Nab tom-cat dreadful fighter —Pli— 9lt may cause stoppage in works that's a wrench (7) 11 Delay giving prison sentence 12
      288 words
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  • EXECUTIVE LIFESTYLE
    • Article
      From Detroit with verve
      512 14  -  US carmakers are looking to park their vehicles in export markets for real growth, writes Christopher tax CHRISTOPHER TAN POR eons, American carmakers have been content with catering to domestic demand. And for good reason: they had the world's largest market in their own backyard. In
      512 words
    • Article, Illustration
      Window to Mitsubishi's latest
      409 14  -  Cycle Carriage kicks off a mini-motorshow tomorrow Byi Christopher Tan TAKE a peek into the future with Cycle Carriage as it kicks off a Mitsubishi roadshow tomorrow at Takashimaya Shopping Centre. On display will be some of the newest products from Japan, including two concept vehicles,
      409 words
    • BUMPER to BUMPER
      • Article
        Shell to launch XO petrol in S'pore
        132 14 AFTER a six-month trial and over 90 million kzn usage. Shell has decided to launch its Formula Shell XO petrol island wide. Specially developed for the Singapore market, Shell XO has been tested and proven to improve performance by 5 per cent (not
        132 words
      • Article
        Subaru takes top spots in Mobil rally
        99 14 LAN Lee and his Subaru Impreza WRX clinched the Mobil Tour de Singapour Rallye championships over the weekend. Newcomer Grog Graham, also driving a WRX, was the overall runner-up, while Jeff Beaumont—why does that name ring a bell?—came in a close third in
        99 words
      • Article
        Nissan unveils a 'baby' Infiniti
        116 14 NISSAN has launched a new Inflniti model called G2O, baaed on the Primera. The "baby" Inflniti joins the Q45 flagship, 130 (a Lexus ES3OO equivalent) and QX4 sport utility variant. It is touted as sporty and driver-oriented, as is the Primera, which was rated' 'one
        116 words
      • Article
        Restaurant-style tabs for Comfort rides
        93 14 TRANSPORT operator Comfort has introduced what it calls "restaurant-style billfag" that makes U-animai the various surcharges incurred during a taxi ride. Its jfg taxis will have a tamper-proof meter that has been programmed with the 10 different surchargse.lt is linked to a printer which will
        93 words
      • Article
        BMW introduces the V12 Le Mana
        88 14 BMW has unveiled the Vl2 Le Mans, a six-litre. 550-horsepower two-seater developed with Williams Grand Prix Engineering (its partner in Formula One) and built by BMW Motorsport Ltd in England. The new car is undergoing road testing on the Grand Prix course in LeCasteHet,
        88 words
      • Article, Illustration
        Racing ahead
        40 14 NISSAN'S four entries for this year's Le Mans 24-Hour have qualified for the race next month. Two at the R390 GTI cars were quick enough to claim two of die seven remaining GTI grid placet In the ran.
        40 words
      • Article
        Presenting the starter/alternator
        71 14  -  fl.iUlilfcy Christopher Tan BMW has come up with a three-phase f m it nj asynchronous" machine operating both at the Aarter 5 J and the alternator In a car. Presented for the first time at f the Geneva Motor Show, the starter/alternatoris integrated in the engine/transmission block
        71 words
    • Article, Illustration
      Vintage beauties in 1,500 km China drive
      686 14  -  By< Christopher Tan ENJOY long drives, do you? Well, imagine driving 1,500 km from Renmin Square in Dalian to Beijing's Tiananmen Square, in a vintage no less. About 100 participants will be doing just that in the Louis Vuitton Classic China Run from
      686 words
    • Article
      Corolla is Japan's bestseller for 29 years
      182 14 THE humble, often nondescript, Toyota Corolla has reigned as Japan's top-selling passenger model for 29 years running (1969-1997), according to Japanese data. And there's more. The Corolla is the bestselling Japanese model in most of the 150 countries it is exported to. And
      182 words
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  • COMPANIES & MARKETS
    • Article
      New Toyo confident it will maintain sales, profit
      327 15  -  By< Carol Eng [SINGAPORE] Paper products maker New Toyo International yesterday said it would invest US$33 million (Sss4 million) in a factory in Vietnam, and that it would maintain turnover and net profit for this year. In an interview, its managing director
      327 words
    • Article
      Bank shares up despite talk of more provisions
      471 15  -  Investors find comfort in disclosure though some point to technical rebound By I Siow Li Sen [SINGAPORE] To investors, bad news can sometimes be better than no news. Bank stocks have been rallying in the last two days amid continued weakness for
      471 words
    • Article
      Pacific Andes Hldgs net earnings up 17%
      274 15  -  By Edmund Loh [SINGAPORE] Pacific Andes Holdings yesterday announced a 17 per cent rise in net earnings to HK$BB million (5518.6 million) for the year ended March 31. The company, which is a subsidiary of Hongkonglisted Pacific Andes International Holdings, said group turnover
      274 words
    • Article
      Lock icon Coke rejects claims by Viet partner
      277 15 AFP [HANOI] The Coca-Cola company has rejected accusations by its Vietnamese partner in a Ho Chi Minh City joint venture that the US soft drink giant was trying to force it out of the tie-up. "Any such claim is unfounded," said Tony Baynes, Singapore-based
      AFP  -  277 words
    • Article
      F&N unlikely to see hoped-for $195m from warrants
      702 15  -  HOCK LOCK SIEW Lee Han Shih PRASER Neave has no investment in Indonesia, but in a way it is more affected than most who have. While companies which have properties in Jakarta could delay recognising the impact of the riots there by
      702 words
    • Article, Illustration
      Lock icon WBL interim dives 83% to $2.7m on slow car sales
      516 15  -  Byl Christopher Tan [SINGAPORE] Slower luxury car sales and delays in contract projects in Malaysia were two factors that pulled WBL Corp's net earnings down 82.8 per cent to $2.72 million for the six months ended March 31. Continuing a
      FILE PHOTO  -  516 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon HK braces for worst earnings this decade
        697 16 Gloom underscored by slower economic growth and rising joblessness Bloomberg [HONGKONG] Hongkong Inc is bracing for its worst corporate earnings in more than a decade as its economy slows even more than most investors and company executives expected. The territory's 33-stock benchmark index,
        Bloomberg; FILE PHOTO  -  697 words
      • Article
        Sing Tao gets new majority shareholder in HK$360m deal
        340 16  -  From Quak Hiang Whai in Hongkong CONTROL at the 60-year-old Sing Tao Holdings changed hands yesterday after prominent pro-Beijing businessman Cha Chiming became the biggest shareholder in the publishing company in a deal reached with the group's chairman Sally Aw Sian.
        340 words
      • Article
        Lock icon Malaysian Helicopter drops project
        100 16 AFX-Asia [KUALA LUMPUR] Malaysian Helicopter Services Bhd is withdrawing from a 3 billion Malaysian ringgit (551.29 billion) aerospace project at the Negri Sembilan Technology Corridor due to financial constraints, the New Straits Times quoted Negri Sembilan state speaker Hamdan Mohamed as saying. "MHS had indicated its
        AFX-Asia  -  100 words
      • Article
        Lock icon Ban Hin Lee Bank group pre-tax increases by 4.5%
        506 16 Results attributed to good growth in fee-based income Bernama [PENANG] Despite the economic slowdown, Ban Hin Lee (BHL) Bank group of companies managed to post a pre-tax profit of 97.4 million Malaysian ringgit (5541.9 million) for the year ended Dec 31,1997,
        Bernama  -  506 words
      • Article
        Lock icon Isetan to retain Barney's rights in Japan, S'pore
        279 16 Bloomberg [TOKYO] Isetan Co, a Japanese department store operating mainly in Tokyo, said yesterday it will retain exclusive rights to market Barney's Inc products in Japan and Singapore, after the troubled US retailer came to agreement with creditors. New York-based Barney's, which
        Bloomberg  -  279 words
      • Article
        Lock icon Telekom expects 10% of profit to come from abroad
        367 16 South Africa likely to be the largest contributor AFX-Asia [KUALA LUMPUR] Telekom Malaysia Bhd said it expects its overseas investments to contribute close to 10 per cent of total group profit this year, against 7.6 per cent in 1997, the Malaysian
        AFX-Asia  -  367 words
      • Article
        Lock icon KLIH sells 9.9% stake in Rahman
        154 16 Bloomberg [KUALA LUMPUR] Kuala Lumpur Industries Holdings said it sold its entire 9.9 per cent stake in Rahman Hydraulic Tin on Feb 11. KLIH didn't say why it sold the 9.64 million shares. Nor did it disclose the seUing price or the buyer. On
        Bloomberg  -  154 words
      • COMPANY Briefs
        • Article
          Clipsal buys 38% of Italian Lovato
          41 16 [SINGAPORE] Electrical accessories manufacturer Clipsal Industries has acquired a 38.02 per cent stake in Lovato SpA through wholly-owned subsidiary Ashton Investments Pte Ltd. The Italian-based Lovato manufactures a broad range of industrial control gear products.
          41 words
        • Article
          SembCorp's Wong to join JSL board
          56 16 [SINGAPORE] Jurong Shipyard Ltd has appointed Sembawang Corporation deputy chairman Wong Kok Siew its deputy chairman. Mr Wong, who will be a non-executive director on Jurong's board, was SembCorp's nomination to represent its interests. He is also chairman of Singapore Technologies Industrial Corporation (STIC)
          56 words
        • Article
          Omni to buy 17% of Pacific Plastics
          84 16 [SINGAPORE] Omni Industries has agreed to buy 17.06 per cent of Pacific Plastics Pte Ltd which owns a plastic injection moulding manufacturing concern in Suzhou, China. The company will subscribe for 1.44 million shares of $1 each at par. Wuthelam International Investment, itself
          84 words
        • Article
          SingTel forms 2 new units
          76 16 {SINGAPORE! Singapore Telecom has formed two subsidiaries, one to hold investments and the other, to provide Internet related services. Both are incorporated in Singapore. Investment holding subsidiary Sing Tel Australia Holding Pte Ltd has an authorised capital of $2 million and a paid-up capital of
          76 words
    • COMPANIES
      • Article
        Lock icon Top Japanese trading houses' earnings slide
        599 17 Asian crisis, slump at home restrain profits despite better overseas sales AFP [TOKYO] Japan's top trading houses said yesterday that their profits slid in the past year to March, dragged down by Asia's economic crisis and the domestic slump. Although the falling value of
        AFP  -  599 words
      • Article
        Lock icon PC maker Dell's Q1 profit soars 54% on low inventory
        272 17 Bloomberg [ROUND ROCK, Texas] DeU Computer Corp's fiscal firstquarter profit rose 54 per cent as the personal computer maker benefited from selling directly to its customers, avoiding the inventory glut that hurt its rivals. Net income in the three months
        Bloomberg  -  272 words
      • Article, Illustration
        Lock icon Windows 98 goes on trial
        96 17 [TOKYO] Japanese businessmen on Tuesday trying out the Japanese version of Microsoft's new operating system, Windows 98, at the Toshiba booth at Tokyo's Business Show 98. Meanwhile, the US Justice Department and 20 states on Monday launched what could be one of the biggest anti-trust
        AFP  -  96 words
      • Article
        Lock icon British Telecom Q4 net down 6% to £432m
        514 17 Bloomberg [LONDON] British Telecom said fourth-quarter profit after tax fell 6.2 per cent, meeting analysts' expectations, as price cuts dampened sales and European expansion costs cut into earnings. BT made £432 million (Ssl.l billion) in the final quarter of the year, or
        Bloomberg  -  514 words
      • Article
        Lock icon Dutch group Ahold in US$2.7b bid for US chain Giant Food
        324 17 Ahold known in Asia as operator of Tops stores FT Bloomberg [AMSTERDAM] Dutch-based supermarkets group Ahold on Tuesday moved to broaden its US reach with a US$2.7 bil-lion-plus (554.4 billion) bid for Giant Food, a Marylandbased chain. The U5543.50-a-share
        FT; Bloomberg  -  324 words
      • Article
        Lock icon Merck to sell 50% stake in venture to DuPont for US$2.6b
        222 17 Bloomberg [WILMINGTON, Delaware] Merck Co said it will sell DuPont Co its half of their pharmaceutical joint venture for US$2.6 billion (554.3 billion), opting out of a business whose profit has been disappointing. DuPont said it will take a
        Bloomberg  -  222 words
      • Article
        Lock icon Nissan reports 14b yen loss
        488 17 Bat it vows to catch np with rivals Toyota, Honda which posted record profits Reuters AFP [TOKYO] Heavily in debt and slipping into the red, No 2 Japanese carmaker Nissan Motor yesterday unveiled ambitious plans to heal its ailing balance sheet, only minutes after rivals
        Reuters; AFP  -  488 words
      • Article
        Lock icon Matsushita Q4 profit down 38% on consumer slump
        415 17 It expects net profit to jump 36.7% for this fiscal year Bloomberg [OSAKA] Matsushita Electric Industrial Co, the world's largest maker of consumer electronics, indicated fourthquarter operating profit fell 38.8 per cent on slumping consumer spending in Japan and Asia. Group operating
        Bloomberg  -  415 words
      • Article
        Lock icon Quantum in US$300m deal to buy computer tape-library maker ATL
        221 17 Bloomberg [MILPITAS, California] Quantum Corp agreed to buy computer tape-library maker ATL Products Inc for US$29 a share, or about US$3OO million (*****.2 million), in stock and said it will buy back as many as 14 million of its shares.
        Bloomberg  -  221 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon EC clears 125b franc Credit Lyonnais bailout
        476 18 Bank to sell assets worth 655b francs; Paris to cat stake to less than 10% Bloomberg [PARIS] The European Commission has cleared a 125 billion franc (5534.4 billion) bailout of Credit Lyonnais after France agreed to sell the state-controlled bank next year and
        Bloomberg; AFP  -  476 words
      • Article
        Lock icon BIS sets up council to tackle millennium bug
        292 18 Japanese banks not taking problem seriously: Moody's AFP Bloomberg [BASEL, Switzerland] The Bank for International Settlements (BIS), dubbed the "central bank of central banks", saM-yesterday it has set up a joint council to tackle the problem of the "millennium bug" in computers.
        AFP; Bloomberg  -  292 words
      • Article
        Lock icon Bank of NY withdraws unsolicited bid for Mellon
        307 18 USs22b offer pulled out after Mellon board rejected request for meeting Bloomberg [NEW YORK] Bank of New York Co yesterday withdrew its unsolicited U5522.3 billion (5536.6 billion) takeover offer for Mellon Bank Corp, after the Bank of New York's request to meet
        Bloomberg  -  307 words
      • Article
        Lock icon Petronas, AGL win A$1.5b Aussie gas contract
        261 18 Bloomberg [SYDNEY] Australian Gas Light Co (AGL) and Malaysia's Petronas won the contract to build, own and operate the Australian section of a natural gas pipeline from Papua New Guinea. The Australian-based gas distributor and Malaysia's state-owned oil company are the preferred tender
        Bloomberg  -  261 words
      • Article
        Lock icon Gold demand down more than 50% in Q1
        447 18 Record Indian consumption offset by selling in S-EA Bloomberg [SINGAPORE] Gold demand in South-east Asia and India is mixed after demand more than halved in the first quarter on widespread selling of the metal in Asia. "Just recently, sales at local gold
        Bloomberg  -  447 words
      • Article
        Lock icon Euroyen falls again amid steady rates
        195 18 SIMHX Report Reuters [SINGAPORE] Simex Euroyen futures extended their fall yesterday after the Bank of Japan's announcement on Tuesday that it would hold interest rates steady. Although the news caused some disappointment as there had been rumours that the BOJ might ease interest rates
        Reuters  -  195 words
      • Article
        Futures rise as US rates stay unchanged
        173 18  -  MS& TAIWAN FUTURES Perry Gilbert Perry Gilbert, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract rose steadily yesterday on the back of the US Federal Reserve's decision to leave key interest rates unchanged. The recovery in Indonesian markets
        173 words
      • Article
        Lock icon Stock glut continues to hit oil prices
        276 18 ENERGY REPORT Reuters [LONDON] Oil markets slithered lower yesterday as the glut in petroleum stock levels deepened producers' gloom. At 1546 GMT, benchmark Brent blend for July loading was at U5514.27 a barrel on the London futures market, down 11 cents. The fresh
        Reuters  -  276 words
      • Article
        Lock icon CURRENCY REPORT
        276 18 AFP London THE dollar was undermined against other major currencies yesterday as the US trade deficit widened more than expected in March. Dollar/mark suffered the largest losses, falling to below 1.77 marks from 1.7836/41 late on Tuesday in Europe. The dollar also eased against the yen, its slide
        AFP  -  276 words
      • Article, Illustration
        Untitled
        1140 18 DtTERBAMX CROSS RATES Mav20 ::aK:: u :s^5 t i 55>g Cm* 1104 5.734 0423 4.116 1227 1353 27.989 76.323 0.940 9.735 2432 1296 30.5*4 ***** U34 3.523 1020 ***** 27.107 0.425 0491 CMm am 0.174 0.109 0718 0214 0.934 4481 113H 0J64 1498 0.459 0226 5.330 4480 0.198 04M 0.178
        1,140 words
    • Article
      COMMODITY PRICES
      1639 19 Sicoii fUTUIiBS May 20 RUBBER (Marcs dosm«M«<S.30pM) RSS1 CONTRACTS ctntsAg) CtaM Wtaw Opa« Moot* Hi«ta law Satt (twiwt) Mtomt Jw 98 127.50 127.50 127.10 50 650 Jul 98 128.50 128.00 ***** 250 1665 A«) 98 128.25 2565 Sep 98 130.00 V465 Oct/Oec 98 134.00 6650 J*n/Mar99 138.75 138.75
      1,639 words
    • Article
      WORLD STOCK MARKETS
      2230 19 LOHPflfl trtwlilili •toy 20 Pmci 31 Of oop 640.000 5.000 AB Ports 363.600 -1.400 ADCay National 1099.600 35.600 Aliwd Oomacq 628.000 8.600 Anne 194.000 1.000 Asm Group 185.600 1.400 BAT Ind 570.400 -4.600 BG Pic 333.000 1.600 BiCC 168.000 7.000 BOC Croup 962.400 11.400 BR Patrolaum 929.000
      2,230 words
    • Article
      Lock icon TOKYO
      1588 19 Bloomberg QffikUttS *Ml3> JAPAN'S benchmark stock index rose to its highest in three weeks, paced by companies, such as Pioneer Electronic Corp, that plan to buy back shares. "Only the companies with cash can afford to do this (buy back shares), so it's a sign of corporate health," said
      Bloomberg  -  1,588 words
    • Article, Illustration
      Lock icon HONGKONG
      1510 20 Bloomberg yiHanfiSeng +100.07 STOCKS rose for a second day, as investors bet China Telecom (Hongkong) Ltd and other China-related companies will provide insulation from the territory's slowing economy. The 33-stock benchmark Hang Seng Index staged its biggest rally in four days, rising 100.07 or 1.1 per cent to 9,549.18.
      Bloomberg  -  1,510 words
    • Article, Illustration
      Lock icon CHINA
      611 20 Reuters n Shenzhen B Index -L 56 CHINA'S hard currency B shares closed lower yesterday due to investor disappointment over Beijing's failure to unveil rumoured measures to boost the depressed market, brokers said. Rumours had circulated since last week that Beijing would shortly announce B share market-boosting policies, but
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  611 words
    • Article
      Lock icon TAIPEI
      335 20 AFP QWPlnfex +13L22 TAIWAN share prices rose 1.6 per cent yesterday on a technical rebound amid signs that the unrest in Indonesia had eased, dealers said. The Weighted Price Index moved up 131.22 points to 8,267.49, following a meagre 1.38-point rise in the previous session. "The main board reflected
      AFP  -  335 words
    • Article, Illustration
      Lock icon JAKARTA
      719 20 AFP ylOwnpoMte fate *IQJ9 INDONESIAN shares rose 2.5 per cent on very thin trade yesterday as tensions eased after the cancellation of a major rally, but students continued occupying parliament to force President Suharto to resign. The Jakarta Composite Index closed 10.19 points higher at 424.01. With less than
      AFP  -  719 words
    • Article, Illustration
      Lock icon BANGKOK
      811 20 AFP +9.06 THAI shares leapt 2.6 per cent yesterday as investors crowded into the finance sector despite ongoing fears over unrest in Indonesia and a crucial parliamentary debate, analysts said. "Finance is what's driving it up today. The reason people are getting in is because it bounced down yesterday
      AFP  -  811 words
    • Article
      Lock icon MANILA
      288 20 AFP QlUiiiU +3L38 PHILIPPINE share prices closed 1.5 per cent higher yesterday, lifted by the announcement by Indonesian President Suharto that he would call new elections and stand down. The Philippine Stock Exchange Composite Index rose 31.38 points to 2,100.29 points. Turnover fell to 592.6 million shares worth 988.2
      AFP  -  288 words
    • Article
      Lock icon SEOUL
      425 20 AFP n Composite Index +%M SHARE prices rose 1.8 per cent on the Korea Stock Exchange yesterday on active retail buying of mid- and small-cap stocks. Sentiment was boosted by stabilising financial markets. Foreign investors and institutions continued profit-tak-ing, but on rotational trading before the lifting of ceilings on
      AFP  -  425 words
    • Article
      Lock icon SYDNEY
      596 20 AFP Q All Ordinaries -l&B AUSTRALIAN share prices slipped 0.7 per cent yesterday amid continued nervousness about events in Indonesia and the effect the unrest will have on its neighbours' economies. The All Ordinaries Index fell 18.8 points to 2,723.2. The All Industrials Index dropped 30.0 points to 4,727.9
      AFP  -  596 words
    • Article
      Lock icon WELLINGTON
      242 20 AFP mjWenigtoo *7.37 SHARES rose 0.3 per cent yesterday as the market reassessed positively the annual results of heavyweight Telecom Corp. The NZSE-40 rose 7.37 points to 2,220.19 on solid turnover of NZ$96.3 million. Telecom Corp was worth NZ$8.50, up eight cents. Mm 20 US 0001 AH2 BankM* 12.85
      AFP  -  242 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8803 21 INDUSTRIALS Consumer products 1998 Last Vol Day Net Cap High Law Company Sale OOO High Low P/E $mil 3)0 180 Ajmomoto 220 12.1 89.2 148 65 Anqkasa 70 3 34 70 68 1.6 103.2 290 123 Apollo Food Hlq 165 4 8 66 0 388 190 Barjaya Land 276 -9
        8,803 words
      • Article, Illustration
        Lock icon Shares up on signs of calm in Indonesia
        415 21 AFP Composite Index +14.77 MALAYSIA'S key stock index rose 2.7 per cent yesterday as investors looked for bargain blue chips amid signs of easing tensions in Indonesia, dealers said. The Composite Index closed at 569.19 points, up 14.77 points. The Second Board
        AFP  -  415 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3471 22 BONOS. LOANS ft WARRANTS m 1998 Last V«4 Day Last Owti A«f Mkql* Lew Stno Company Sal* aer- COOO) Mi«6 Lao Buyer Seller Price 23.5 9 m 3000 m AMDB C5.5H*****6 12.5 7 11 20.5 8 3160 "Acer ******1 US$ 10 8.5 10.5 95 8 5 3164 Ac ma ******4
        3,471 words
      • Article
        Apollo wrt: caution the watchword
        203 22  -  WARRANT WATCH -By! R Sivanithy AFTER featuring several "worthless" warrants in this column in the past few weeks, today's feature is yet another warrant which looks set to expire unexercised the instrument issued by hotel firm Apollo Enterprises. This instrument has about seven months left
        203 words
    • Article
      CLOB INTERNATIONAL
      2274 22 Transaction date Mav 20 I MALAYSIAN STOCKS Or Or 1998 Last Vat toy Last Ow«« Mv M* VM Net M Cap H*» Law Stne Company SaH COOP) HHH La* Buyer SaBar CVf P/t »W 28 msSOOO AISBSOc— .58 *63 243 58 52 573 58 55 13 1.9 2X7
      2,274 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6359 23 Transact ion ilatr M.r, 20 Gr Or M Wt KM Last VaI Day Last Oviott Dtv Dlv VM N«t Cap Avg Hm» Law StNa Company Jala COOP) High Low Buyar »a*af H C'vr H P/t Smll Prka MOOSTIiALS 43 16.5 >020 ACE Dynamic s60c...
      6,359 words
    • Article
      SESDAQ
      1183 23 6» Gr M Wt 1996 L««t Vol Day Last Owvtt Mv Mv Yld Nat Cap Avq Htfli Law stwa Cinn Sa» COOP) HH> Law 6r«r Sa6ar Cw MC >rt» 134 83 a 2000 A8R HldQS 5c 84 82 85 410 84 243 76 a 2049 AS Auto 10c—., —127
      1,183 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        220 24 Stocks Votom* SingTel 15c 10,837.000 *RHB Cap Wt99 10.263.000 STEngglOc 9,578.000 *MBf Capital 7,845,000 *M Resources 7,700,000 *Rekapacific Bl» 6.995,000 HKLandUSWc 6.925.000 •Renong Bhd 50c 6.356.000 •Pub Bk Foreign 4,669,000 DBS Land 4,176,000 Matte 'I SPH 30,702,018 DBS Foreign 29,428,348 SingTel 15c 25,873,566 OCBC Foreign 22,223,875 SIA Foreign 20,700,178 UOB
        220 words
      • Article, Illustration
        HOT STOCK
        67 24  -  ■by' Shiv Taneja MULPHA International closed three cents higher yesterday at 22 cents on a volume of 2.94 million shares, compared with its 10-day traded average of 873,200 shares. In the near term, the counter is likely to trade sideways, but longer term, the outlook is positive, according
        67 words
      • Article, Illustration
        Lock icon Bank stocks, married deals help break monotony
        695 24  -  STOCK MARKET COMMENTARY Market's overall trading pattern mirrors previous day's stocks rise amid relative rnpiah calm, then drift lower By R Sivanithy [SINGAPORE} A sudden rally in local bank stocks, an unexpected surge of interest in Malaysia and a continuation of an unusually
        Chart into *om Bridge  -  695 words
      • ON THE GRAPEVINE
        • Article
          Tanglin Club colonialism?
          211 24 THE latest salvo in the saga of the Tanglin Club comes in the form of an anonymous fax to members of the club's management committee in advance of the scheduled AGM next Monday, from, it would seem, some old colonial throwback. The fax is in support of
          211 words
        • Article
          Can't leave Jakarta without it
          106 24 THE Indonesian crisis has given American Express Cards an unexpected boost. Amex officials are happily pointing out that since its cards are not issued by banks, cardholders do not face the same kind of problems confronting Indonesians who fled to Singapore in recent days and
          106 words
        • Article
          Windows 98: promise of sun or moon?
          126 24 WE'VE been hearing a lot about Windows 98, the operating system from software giant Microsoft Corp that's currently in the news for all the wrong reasons. Understandably, Microsoft officials are anxious to turn the attention back to what they consider the real issue,
          126 words
        • Article
          Hungry for pizza
          95 24 THAI companies in the food and beverage business are continuing to do well despite the recession there. Pizza-loving Thais continue to wolf down increasing amounts of pizza, pushing Pizza Hut's sales up 14 per cent in the first quarter. "Thais are crazy about pizza," said Bangkok-based analyst
          95 words
        • Article
          Kit Siang on the 3Cs
          101 24 OPPOSITION leader Lim Kit Siang has been one of the most vocal Malaysians against President Suharto of Indonesia. Mr Lim yesterday blasted the beleaguered leader again, and at the same time stepping up the call for political reforms in Malaysia. "All governments in Asia including
          101 words
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      Page 15 Advertisements Column 1
      306 15 A Shipping Times Special Feature MONDAY 8 JUNE 1998 Transport Logistics Industry here poised for active t growth REGION'S DEVALUED CURRENCIES PUSH TRADE EXPORT UP. Singapore stands tall as a tower of strength and Topics featured will include:stability despite the turmoil of the Asian currency How transport providers react to
      306 words
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      Page 16 Advertisements Column 1
      142 16 Advertiseh^Mfe Better, brighter bolder. jn me Singapore! fv The new-look Guide is the authoritative source of I h job information on leading a I B A industries and career B IL'A > opportunities in Singapore. W M and the Ministry of Education, I r the Guide is widely used by
      142 words
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      Page 16 Advertisements Column 2
      10 16 Sunday Classified ■gleffect Clarke Quay Every Sunday, 9am spro |cata|
      10 words
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      Page 17 Advertisements Column 1
      150 17 tax to Over 200 Destinations Worldwide without Poykn the M We at Interconnect Technology understand about the rising cost of doing business. That is why we've introduced Inter Fax. Our InterFax service network helps keep cost down and provides: savings of up to 60% f reliable customer support So make
      150 words
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      Page 20 Advertisements Column 1
      80 20 mgw calling about See...l told i The card we're the computer I you this was a J s' n. I making for Susan 1 -i-l advertised in /X^ gCKxI dea l >/ /Yup, we got what V is going to be J The Straits Times JSF J" I we wantec
      80 words
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      Page 22 Advertisements Column 1
      33 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. thi citi never sleeps Branches at I Shenion Way 268 Orchard Road 21 Jurowj East St 13 www,citibank.com.sg
      33 words
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      Page 23 Advertisements Column 1
      64 23 f 9 LEICA Fascination Leica cameras a bullish investment. the cameras in the German you Mm I please provide me information on Camera body Others. Please irciude me in yoamaing list Name Sex V schi*dt scientific <pte) ltd h§wr 8 2 Jalan Kilang Barat Singapore *****6 TW: 272 7233 Fax:
      64 words
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      Page 24 Advertisements Column 1
      1486 24 BUSINESS /CCS To advertise call toll-tree IHOO-741 1883 Notice is hereby given that copyright in the design of 'AIR FRESHENER* has been granted by registration under the designs act 1949 in the United Kingdom to 'CHEO KIM LENG' of 6 Lorong Nangka, Singapore and therefore protected in Singapore and other
      1,486 words
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      Page 24 Advertisements Column 2
      78 24 and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another chance
      78 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      306 25 Bridge News Reuters The freight market report was not available. Fixtures TANKERS* In the Caribbean, rates showed slight improvement with a 70,000-tonne shipment fixed at ws 107, a couple of points higher than similar business concluded on Monday. However, new business was in short supply with the exception
      Bridge News; Reuters  -  306 words
    • Article
      MARITIME STOCKS
      228 25 ■a* *__j£__J5L CWT OMWfcutton 0.92 ♦08*1 U ChuanHu* (X41S *0.009 MO oaniMMkMnt 0.75 frataMLWu OJf *0006 12 G»lfiMlnq« 0.285 -0.01 Hal tuft Hup .0.50 -0.03 421 HKMMZaMD —,OiH *0.009 24 lMCH«Mn9e—HK 9.60 jey«MeMn«i —_0-J9 Jurena5N»yar«_6.95 -OJf 2T7 KeppelCorp 3.44 *0.#__21M KeppeirtLJ 4.42 -0.04 90 KWHttlM 144 *0.04 9
      228 words
    • Article, Illustration
      Lock icon Higher limits for oil spill compensation from Sept
      580 25  -  Tankers calling S'pore will need cert for 1992 Civil Liability Convention By Marcus Hand [SINGAPORE] From Sept 18, all tankers carrying over 2,000 tons of oil in bulk calling at Singapore port will have to get a certificate for the 1992 Civil
      FILE PHOTO  -  580 words
    • Article
      Daewoo wins more orders; Kvaerner Masa-Yards' 1st qtr results disappoint
      691 25  -  MEWBUILPS By David Hughes IT has been a very quiet fortnight in the newbuilding market as the accompanying table demonstrates, with few significant Arm orders placed. Canada's Teekay Shipping, however, reportedly ordered two aframax tankers at about US$3B million (5162.3
      691 words
    • Article
      Lock icon Lang blames A$1.6m six-month loss on dispute
      329 25 AUSTRALIAN DOCK TURMOIL Bloomberg [SYDNEY] Lang Corp, the owner of Australia's Patrick stevedoring company, said that the dispute between the stevedore and the Maritime Union of Australia had cost it Asl3 million (5513.4 million) in legal fees, security and damaged equipment alone. The
      Bloomberg  -  329 words
    • Article
      Tanjung Priok remains open despite political unrest
      316 25  -  -By Marcus Hand [SINGAPORE] Indonesia's premier port, Tanjung Priok in Jakarta, has remained operational throughout the last week despite the city's riots and political turmoil. Industry sources say that the port has remained operational, although at a reduced capacity, and ships have continued
      316 words
    • Article
      India to allow wholly-owned foreign units to invest in ports
      399 25  -  Foreign partners will be selected through negotiations rather than bidding From! Rajendra Hajpai in New Delhi INDIA has made major changes in its policy for investment In the port sector and announced It will allow foreign companies to set up
      399 words
    • Article, Illustration
      Lock icon Trouble dogs merchant fleet
      951 26  -  ROMANIAN SHIPPING The state-run merchant navy, with scores of ships impounded around the world, struggles to stay afloat By* Adrian Dascalu Reuters ROMANIA'S state-run merchant fleet, with scores of ships manned by unpaid crews impounded in ports across the world, is struggling to remain in operation
      Reuters  -  951 words
    • Article
      INDEX TO SHIPPING LIMES AMD FREIGHT FORWARDERS
      242 26 PAGE Djak Lloyd 9 Ad. 9 Dongnama 3 MIL j ECl 5 i Accord 8 E,h «P« n 6 Aopenship 5 Eurohans 6 Astro 3 Ewr^wn 6 Austral 9 BSA 7 C 4 Batamindo 7 Gemartrans 8 Bavswater 6 G whM 9 :z
      242 words
    • Article
      SHIPPING GUIDE
      24807 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Oest'n Name Name Number Number JO/05 17/06 COSCO RIVER ELEGANCE 0045W *5-*****00 A 30/05 20/06 CMA CITY Of LONDON 2 SOW 65-*****22 .Bin lAuitBhonni 30/05 20/06
      24,807 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        707 39 Voy No Barth Arrival Departure BwtaoMufya *****8 JUI J03 alongside 20.05/2300 *we Pestad 53 J15 alongside 2005/2300 w Nermma May20 J01 alongside 20.05/1800 W »*o *****8 J01 alongside 20.05/2230 Bt Sahnati J May19 J01 alongside 21.05/0100 Sur li *****8 J01 alongside 21.05/0300 Cement Hop* 220 J07 alongside 21.05/2000
        707 words
      • Article
        CONTAINER SCHEDULES
        1635 39 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Booking/Balancc Rstls Ship Voy No Etb/Btr Period From To From Jki CIovk 0401 22/1600 M *****0 20/1659 20/1900 20/1500 20/1659 20/1(00 a 20/1700 21/0651 2V0900 2t 20/1700 21/0659 2V0900 3 2V0700 21/H59 21/1400 4 21/1200 21/1459 21/1700 Um*fl mi 23/1300
        1,635 words
      • Article
        GLOBAL HOLIDAYS
        190 39 May 21 Austria: Ascention Day. Belgium: Ascention Day. Denmark: Ascention Day. Finland: Ascention Day. France: Ascention Day. Germany: Ascention Day. Indonesia: Ascention Day. Luxembourg: Ascention Day. Netherlands: Ascention Day. Norway: Ascention Day. Sweden: Ascention Day. Switzerland: Ascention Day. May 29 Hong Kong: Tuen Ng Festival. May 25 United
        190 words
      • Article
        COCKETT BUNKER MARKET REPORT
        937 39 THIS report compiled by Cockett Marine Oil Ltd, shows price ranges 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
        937 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        456 39 C«*M WO Mu 992.2 0.9 18.0 0.11 S3 0.06 M Dentrty Wrter »«Ww As* Alwintw U*mnt "o above £25 10 1110 380 Ave 966 4 0.2 *.4 0 06 30 0.03 Uw 380 Mu 992.9 2.0 19.6 0.16 72 0.00 »M/M %M/M WM ~»«l Wc rtow
        456 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Northwest to start direct Asia-Las Vegas service
        580 40  -  US airline reaffirms commitment to Asia market despite region's woes By Marcus Hand [SINGAPORE] Northwest Airlines is showing its commitment to the region by launching the first direct flight from Asia to Las Vegas next month. Northwest, the world's fourth largest airline, is
        ARTHUR LEE  -  580 words
      • Article
        Lock icon Dasa, BAe, GEC may jointly bid for parts of Northrop
        170 40 AFP [FRANKFURT] Daimler-Benz Aerospace AG chairman Manfred Bischoff said Dasa has discussed with Britain's two largest defence companies, British Aerospace pic and General Electric Co pic, the possibility of joining forces to bid for parts of Northrop Grumman Corp. In
        AFP  -  170 words
      • Article, Illustration
        Lock icon Pressure mounts on Airbus
        71 40 [BERLIN] An Airbus A3OO-600Beluga arriving at the International Berlin Air Show. Germany on Tuesday sought to put pressure on the Airbus consortium to complete its restructuring by linking future state aid to completing the aircraft maker's conversion into a single corporate entity. Germany's Economics Minister Guenter
        REUTERS  -  71 words
      • Article
        Lock icon Stunt plane crashes at airshow, killing pilot
        194 40 Washington Post A Russian-made two-seat plane being flown by a part-time stunt pilot went into a shallow dive and buzzed past a crowd of 13,000 cheering children at a Manassas, Virginia air show on Tuesday, then smashed belly-first into the airfield and broke
        Washington Post  -  194 words
      • Article
        Lock icon Hyundai plan to lay off workers triggers threat of strikes
        305 40 Reuters [SEOUL] South Korea's largest carmaker Hyundai Motor Co said yesterday it plans to lay off more than 8,000 workers, triggering an immediate union threat of strikes to block the plan. A spokesman for the flagship unit of the Hyundai
        Reuters  -  305 words
      • Article
        Lock icon Nissan to move production of Maxima sedan to US
        406 40 Move will cut costs, boost efficiency at unprofitable US plant Bloomberg [TOKYO] Nissan Motor Co will move production of its Maxima sedan to the US within three years to boost efficiency at its money-losing Smyrna, Tennessee auto plant, the Nihon Keizai
        Bloomberg  -  406 words
      • Article
        Lock icon Air France pilots to strike on May 24, 25
        165 40 AFP [PARIS] A two-day strike by Air France pilots next week will disrupt medium-haul and domestic flights but longhaul flights will run on schedule, the national carrier said yesterday. The strike on May 24-25 will force the cancellation of 15 per
        AFP  -  165 words
      • Article
        Lock icon Liberalise international air cargo services, UPS urges
        215 40 Reuters [BRUSSELS] The head of US courier company United Parcel Service (UPS) called for the International liberalisation of air cargo services in order to boost trade and economic growth. UPS chairman and chief executive officer Jim Kelly said the restrictive regulation of air
        Reuters  -  215 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1533 40 an rucm cr* mcht no ofm »45 sut 2350 MM 8*7381 1930 1*7302 2055 1 1 P* OfOI 1930 0f82 2055 H—U SOW mo MHO 0I05 $022* 2210 8.M0HWC S0003 1*05 C2352 0035 tMtrtM KL843 0450 KL046 0040 CUM 2045 S0M4 1020 «U37 M55 am 2300
        1,533 words
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      Page 25 Advertisements Column 1
      13 25 Trouble dogs merchant fleet State-run merchant navy struggles to stay afloat. Page 2
      13 words
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      Page 25 Advertisements Column 2
      179 25 Northwest to start direct Asia-Las Vegas service US airline reaffirms commitment to Asia. Back Page neuus travels fast i\ S|\( i M'olvl wlli/ll \oll Wall! In iv.li.il out to. a M'li'i'l laiL'tl aiullelkt' 111 ilk 1 Iraiispoi l aikl Insist it's nuliMi onl\ one tlaih \ou ilk- ath.iiHutk' «>t maximum
      179 words
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      Page 26 Advertisements Column 1
      931 26 I NORTH AMERICA I 1 QULFUNDIAN SUB-CONTINENT SUPER SHUTTLE EXPRESS 11 QULF KARACHI EXPRESS (QKX) vow« i 6» sm vtssa vor jea dmn ]mm ono kai coi p«g |sm noNEDUOYDDAMNUM 04/05 M/ 05 M/M 10/0$ 15/05 10/ M M/M 24/05 VUIKSMfTTA 03W520 M/M OMIT*' PtO NEDUOYDRAHR AIN 021 13/05 IS/0S
      931 words
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      Page 26 Advertisements Column 2
      642 26 I dk Unes services represented >mm*>(flOl: Riders Accredited Shippng Agents. Assoclatwn xmy Singapore Shipping Associatcn '^ftvtmdsp Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 x Japan -2 x Hongkong -1 x Mania -1 x Koochiung, Kaalung (Accepting FQ to BKK/NAHA/SB4DAI/CEMJ/LCHI wmm www a? wul Wlmou wre
      642 words
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      Page 27 Advertisements Column 1
      1057 27 SAX SERVKE (DIRECT) VttSa VOYSHETAUXOAHDAIHOUCHI OX MEM AH NYC AW TURQUOISE 016E 06/05 21/05 25/05 25/05 26/05 26/05 26/05 26/05 27/05 27/05 AftSWNB Otm 13/05 21/05 01/06 01/06 02/06 ~02/06 02/06 02/06 03/05 03/05 AftSARPONYX 0031 20/05 04/06 06/06 0»/06 09/06 09/06 09/06 09/06 10/06 10/06 APITOURMAUM 0171 27/05 11/06
      1,057 words
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      Page 27 Advertisements Column 2
      1908 27 HANJIN SHIPPING HANJIN SHIPPING (S) PTE LTO hnp //wm, hanpfl cm MOKING 3?tO?3S 237 SAIiS *****24 231 OOCUMfKI 33*0271 774 OPHATIONS 32*024 1 252 MAIN LIME *****55 FAI 2279W0 CI NO **********0 M |TO NW USA CANADA USA CANADA* ro»vst/VOT IMMI MN jgjfij/g? sia hw Iw w |oi I**l w
      1,908 words
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      Page 27 Advertisements Column 3
      375 27 HILLY CONTAIMHIIID DIPICA TIP »■»V I C VESSEL YOY_ _Sj*_ PKG VOY SIM HK6 »EL JSN PUS [ttSSEI I VQY I Sl* 1 PKG IttSSEI I VP? I SIM I JKT I MONTANIA OA 17/05 14/05 071 20/05 24/04 24/05 21/05 24/0 So ji/nl I j WEISSHOM M?S 72/05 H/M
      375 words
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      Page 28 Advertisements Column 1
      1400 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITEKRANEAN/CANADA VESSEL VOY SIN LfH HTM MIR HAW IwV ax VESSiI VOY MM JEO GIT IfE TOS W.C MTB HANJM DALIAN WQC24 22 M 12 H 13 0* 11M 1101 14 M PALERMO KNATOR WMS24 21 00 01 00 07 00 00 00 11
      1,400 words
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      Page 28 Advertisements Column 2
      1240 28 MY IWIMNNS Internet Web Sit* http: //www.yml.cofn.tv* Hr tbtq unsmmmmnnMEmmmimnnmiiismiim D*r n*io»r VESSEL VOY LEH FXT HAM ANR HFA UN GIBRALTAR BRIDGE ABI3E SLD SLO SLO SLD SID 19/05 MING GLORY ABI4E SLO SLD SLD SLD SLD 2&05 MING MOON ABISE SLD SLD SLO SLD 19AK 02/06 DOVER BR ABI6E
      1,240 words
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      Page 28 Advertisements Column 3
      433 28 LINE SS r A m< MI34S«FAXi 15M112 MUARA 1 LABUAN j vissa vor ns n* vissa vor no tu SPOtl MUASA SPOM UN i ftosrH vi*/* jo/os 23/ os J.r«ospa vi*/« jo/os 24/ os APttOOtY VIX/M 24/05 W/05 APOtOatr Vl*/* 24/05 30/0$ jlpoospb vi«/m ao/os 02/04 inosra vi«/w jo/os 03/04
      433 words
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      Page 29 Advertisements Column 1
      1402 29 [vessel voy sin pou pkq pew blw sur pub ba bik IRAN VAH DAT PJL 1284 21/05 30/05 IRAN TAKHTI PJL 1286 28/05 08/06 07/08 IRAN TEYFOURI PJL 1287 05/08 14/08 15/08 IRAN MOBIN PJL 1203 20/08 20/08 30/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN i CIS COUNTRIES
      1,402 words
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      Page 29 Advertisements Column 2
      1880 29 DIRECT SAILING 1 TO SHANGHAI XINGAN6 j I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OfFKE; COSTAR SHIPPING PTE LTD #i7-o« dis iidg saus/ikgs *****41/43 inward dept (D/o) *****85 COSTAR AGENCIES (M) SDN BHD CRNO:117»7MOOOOM TOWER TWO (06M09) CONVENTIONAL *****50/55 T/SHPMT DEPT
      1,880 words
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      Page 29 Advertisements Column 3
      561 29 \i~, EASTERN CAR LINER, LTD/^SX'T I_t_l Ett (SINGAPORE) PTE LTD ££25* 1 SPEOAUZI m ROUP ft HEAVY LIFT OPTO 122 TONS ECI (SINGAPORE) PTE LTD LOADING FOR YANGON CHITTAGONG PORT KLANG MV "AMRTA VII" V.S MV "LUNA AZUI" V.I 1 ETA SIN 23/05/98 ETA YGN 29/05/98 A ETA CTG 03/06/98
      561 words
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      Page 30 Advertisements Column 1
      1916 30 EUROPE/UK/SCANDINA VI A/FINLAND/RUSSIA S6P ROM ANW HBG THP ZEE IHV IMV THP ROM ANW HBG PKL SGP E. OEVOTE RW-001 24,05 12/06 17/06 13/06 15/06 16/06 17/06 E. GLAMOUR RE 055 26*4 30*4 01/05 26/04 28,04 24 05 26/06 E. DEVELOP RW-001 3105 19/06 24/06 20AM 22/06 23/06 24*6 E.
      1,916 words
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      Page 30 Advertisements Column 2
      368 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel I VOT 1 six I ruj I DU> CFT I i/uT mWAIDUGOW toots 24/05 02/06 04/ M 11/0t mmiPIMKt V.022S 31/05 14/ M 11/04 mrouyaus *0275 ot/o* 17/ot 21/01 25/ot 21/ M GOIDEM DtASOtl VOOSS 15/04 25/06 W/Ot 03/07 mxmrWNCBS
      368 words
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      Page 31 Advertisements Column 1
      397 31 BSfl jl %mm MYANMA pBHk FIVE STAR LINE (Myanmor Notional line) Loading for Yangon (Rangoon) VESSEL VOY SIN PKG PEN PGU MERGUI 143W SIO (AGO 102 V* $10 MAUYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KIM.: TH 02-03-*****00 PKL TU 02-03-*****01 PEN: m 02-04-*****02 PGO: TU 02-07-*****21/4 BANK LINE (A »er»ice of
      397 words
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      Page 31 Advertisements Column 2
      1243 31 A HYUNDAI MERCHANT MARINE CO. LTD. IVKSfI SOU LIH RTM AWT HAM BRVTFB~) fvCSB~ VOTI SOU I LB4 I «TM I AMI I HAM I WtV I FH. I gT HY ADMIR/U. 313W 21/05 06/06 13/06 10/06 11/06 HYBARON 3121 27/04 02/05 29/04 30/04 21/05 NOKORAI 001W 22/05 12/06 13/06
      1,243 words
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      Page 31 Advertisements Column 3
      1033 31 norwagon speaokztd oukxamtn Mfljfj4Vlg£LWSE/V f^tP)^CQl(^ TO NORTH AND UTIN AMERICA "RORO HEAVYUFT SERVICE" IVtSSEL VQY RAMf WIGHT SIN LAX CKL MU SAV Ml ORF WYC MIW MOO TEXAS FSII 400 TOM 6.3 M 31/05 25/0* 04/07 WOT™ TTTST TIToT 1375T WOT WOTTO«A FBl2 400 Tom 0.3 M 13/0* 08/07 17/07
      1,033 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      698 32 IAMQKOK/LAIM CHAIANO JAK ART A/P A M JAHO VESSEL VOY SIN BKK LCH VESSEL VOY Sifi JKT PJN MATHU BHUM 36SNB |nPt~ 24/05 XETHA BHUM ~232S ~inPt 23/05 ANAN BHUM 106W 23/05 27/05 XETHA BHUM ***** In Pt 23/05 CHANA BHUM 19* 24/ OS 27/05 27/05 GURU BHUM' 79S 23/05
      698 words
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      Page 32 Advertisements Column 2
      426 32 IBINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0206 TEL: *****68 RAX: *****64 KB? TLX: R*****5 SINMER MPflflV CR No: **********0W Receiving Cargo at PTI I Blntulu GKD vnsa vor sm m mm m m m I Stria miflf 22 73/05 21/05 M Jerf* V9OOSt 23-24/05 Jl/D5 IMM WW7E
      426 words
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      Page 32 Advertisements Column 3
      760 32 1 /ICCORD A SHIPPING PTE LTD m 1 *****13 (40 Lines) FAX t *****30 HMUAMC (********** m M DI«ICT ACCfSS TEL: *****35 (IXPOET BOOKING) HSIt GUDAMG (07)351 )377 *****34 (EXPORT DOC), *****39 (IMPORT) ntUMC (04) 537 1440 UWjHTYPs//WWW.ACCORD.COM.SG WUUtU (71,440 0770 SAA/ EOiT ETA SIM POBT ITA SIM PORT ETA
      760 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      433 33 INPONEsiANATIONAniN^I TO EUROPE "1 EXPRESS SEMI-CONTAINERISED SERVICE VSI VOY SPORE A OHM/B OAM HBUHG Mf MEM ANTWERP A VESSEL 47W8 ??,H7 27/07 OMIT 02/08 TO AUSTRALIA "H FULL CONTAINER SERVICE VSt VPY |p*G STI FWf W STO IK HM Ml fK API EMIRAIO VOIS MO5 2105 31/06 05.06 HOt 1106
      433 words
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      Page 33 Advertisements Column 2
      1025 33 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cecil Street #12-00. PIL Building. Singapore *****0 TEL: *****21, FAX *****19. TELEX RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****05 BANGKOK JAKARTA (Weekly 5 Sigs PAT/I Slgs LCH/1 Sig BMT) (5 »«ltlim/W—*| "vissfi VOY SIN RKK VOY SM JKT ~MAMN ~034N
      1,025 words
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      Page 33 Advertisements Column 3
      897 33 VESSELS VOY I SIN I JED I MLA LEH HAM THP RTM ZEE VH-LE D'OfOON Y29H 03/06 08/06 14/06 ISW 17/06 IWD6 19/06 VU-E DE MIMOSA V26W 03/06 12/06 16/06 21/06 23/06 24/06 24AW 25/06 WLLEDE TANYA T26W I(VDC 19/06 24/06 28/06 01/07 04/07 06/07 06/07 V-LE 06 TAURUS A26W
      897 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      52 36 Dial 740-6000 on demand —-MmJ (Retrieve more schedules!) Press "1" ct Select the port and key in 5 the four digit code —eg: To New York (NYC) 2275 sre£) Key in your fax number I your phone number Another innovative service offered by The document Wi 11 be SHIPPING TIMES
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      111 39 LEGEND: R Thunderstorm Temperoture °q 7 Shower Weother Wind direction wrth speed in knots Rom \_J Cloudy Sky Wove height »"»d* indicated by arrows wtwcfi fly with Hie wind o n ,M c ,d., w^meoh o ,y ghlon<)v<TOU On. ho«fl~h. S kno» ■°y 101 On. .oMmo-*. wn 50 kno« Were
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