The Business Times, 25 May 1998
1998-05-25
1
44
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The Business Times
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Title Section13 1998-05-25 1 THE BUSINESS TIMES MITA(P) 110/12/97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes MONDAY, MAY 25, 199813 words
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Article49 1998-05-25 1 Week Chuge 8TO 1,313.67 -8J6 OTS81 568.26 -181 KLSE COUP. *****—+10.38 NIKKEI 15.801.66 „+568.79 BANG SENG J,6«.98 +17.58 SET INDEX. 356.82 1361 JAKARTA COUP. 445.14 +35.2 MANILA CMIP„_2,13» .2&_...+10.66 TAIPEI WPI. ...+318.76 SEOUL COUP .366.06 +173 CLSA CHINA B .900.68 -IM AUSTALLORD 2,726J -39.9 DOW JONES 9,114.44-.+18.4449 words
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Article79 1998-05-25 1 FOBEX BATES USS SI US$ MM X (USJ/S* per S) l.Ol 2J74 DM 1.711 .MM ¥W 1JM. UN* Ml 1.790 MS HKI 7.748 1.212 BAHT 39JO O.MS Rl'PIAH 10,860 .MIS* *S$ to 100 units FUME RATES SINGAPORE* 7.83 KUALA LUMPUR— 11.50 JAKARTA ..28.0I BANGKOK 14.75 MANILA ....219# HONGKONG ....-18.2579 words
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Article, Illustration1021 1998-05-25 1 SN Vasukl - New president risks losing momentum without economic, political agenda soon From SN Vasukl in Jakarta AFTER a tumultuous week, newly-installed President B J Habibie holds his first cabinet meeting today and as his administration faces mounting pressure to introduce reforms and call new elections1,021 words
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181 1998-05-25 1 AFP [JAKARTA) The brother of Indonesian President B J Habibie has resigned as head of the Batam Island Industrial Development Park, in a move to avoid allegations of nepotism in the new government. "On Saturday, I Junus Effendi Habibie sent my resignation letterAFP - 181 words
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Article, Illustration673 1998-05-25 1 Jenny Lam - By, Jenny Lam [SINGAPORE] Taking another step to becoming a major regional property player, gov-ernment-linked Pidemco Land plans to invest $750 million over the next three to five years to grow its hospitality business. This will be done through its newly-formedARTHUR LEE - 673 words
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675 1998-05-25 1 Quak Hiang Whai - Uncertain economic prospects, rising credit risks cited From l Quak Hiang Whai in Hongkong HONGKONG is facing one of its worst credit crunches in years as the banking sector cuts back sharply on loans amid the uncertain economic prospects675 words
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Page 1 Advertisements
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Advertisement169 1998-05-25 1 IMSIDE Owpuries target Asab cfaipmakers Hewlett-Packard and semiconductor test equipment maker Schlumberger are setting their sights on the growing chip foundry business in Asia in line with the growing trend of chipmakers outsourcing their production, Pg2 IT services boom oespne sivwitown IT firms such as Computer Associates (CA). EMC IBM169 words
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Advertisement7 1998-05-25 1 Pidemco to upgrade, lease colonial bungalows, Pg27 words
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Advertisement392 1998-05-25 1 I fOM-WG STATION FOP iFGULATIVf: COUNCIl tLfCTKW H W a m m I |k 4,( I T J |r -ag Surprises at BE polls [HONGKONG] Written off by cynics as a non-event and as too complicated for the average voter, the Legislative Council elections in Hongkong threw up some mild392 words
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SINGAPORE AT HOME & ABROAD
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591 1998-05-25 2 Jennifer Lien - Companies see most promise in growth of 'f&bleSS' rhipmaking activities From< Jennifer Lien in San Jose, California HEWLETT PACKARD and semiconductor test equipment maker Schlumberger, both of which count Singapore Technologies-owned ST Assembly Test Services (Stats) as a customer, are setting their sights591 words
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Article, Illustration373 1998-05-25 2 It will keep close watch on economy over next month and act qnickly if needed THE government will focus on the business sector if there is a need to introduce a package to give the economy a boost, said Deputy Prime373 words
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273 1998-05-25 2 AFP THE Asian currency crisis and the improving ties among business communities of Singapore, the United States and China will top discussions of the Singapore-US Business Council (SUBC). The second meeting of the SUBC formally opens here today and the 14 council members, ledAFP - 273 words
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Article, Illustration389 1998-05-25 2 Teh Hooi Ling - EYE ON THE ECONOMY Inflation Teh Hooi Ling CONSUMER prices rose a mere 0.7 per cent last month year-on-year despite a substantial rise in healthcare costs. Figures released yesterday by the Department of Statistics (DOS) show inflation stayed low for the sixth month in April,Source Dept of Statistics - 389 words
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Article, Illustration392 1998-05-25 2 Jenny Lam - Pidemco to upgrade, lease black-and-white bungalows Bungalows to come under subsidiary in $50m-sl2sm plan By, Jenny Lam PIDEMCO Land's growth plans for its new hospitality subsidiary Somerset International Management include a protktejrt'tb'sperfd between $30 million 1 and $125 million to refurbish 250 black-and-white colonial bungalows for lease to expatriates. Pidemco392 words
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Page 2 Advertisements
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Advertisement201 1998-05-25 2 WHERE SUCCESS SHOWS 9V Hong Kong jfIHHHK|HH^HHj H|Bl Trade Development Council fIBB I Roadshow Seminars over ,200,000 visitors from over the attended TDC fairs Hong Kong. The Council known the Premium |m worid for I I international trade shows. Last year, ■fl H ®BI JTSfInnSS the TDC hosted 18 fairs201 words
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Advertisement17 1998-05-25 2 Make The Straits Times -(||!S§§3? Classified your first pit stop when shopping for your car or motorbike.17 words
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HE'S LEGISLATIVE ELECTIONS
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Article, Illustration444 1998-05-25 3 Loh Hni Yin - By (L3opm turnout rate was 3&2% against 30-35% predicted From, Loh Hni Yin in Hongkong BAD weather threatened to foul up Hongkong's legislative elections yesterday, but voter turnout was surprisingly high, confounding all expectations. By 6.30pm, four hours before the polls were due to close,444 words
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383 1998-05-25 3 HONGKONG AFP ECONOMIC storm clouds hanging over Hongkong are more of a worry to voters than the thunder and flooding which hit the territory's first post-colonial election. As drenched government leaders and Legislative Council candidates struggled to entice reluctant voters to the polling stations "D-DayAFP - 383 words
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Page 3 Advertisements
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Advertisement793 1998-05-25 3 x 03-1999 bi* ovos/se ori ss om-*xn am ts oh-«xjs am js-not or? ss x o-*xr. a* CD X OR!S S XC-«JC!amKuSSXOH-OR i rtH OfITS.SXD-aOOTORTKUSSX!>4-?OC-!ORTKU9SXOH-?OOC8TflrMTSXOH<?» ■KsUp|^^M2^^^^^^J,?oc&amssxn-*momECussxoH-OTiomEcussxoH-*oooB!RHHTSxoH-i999B!flnHSXCv»a OfITSSXO-aOCTORIKUSSXOH-«mORTECUSSXOS-?000 BTnrnT JC*' JfKHB J^BK;4o^^H|^^^^^^BNo'''TsxoH-»oSomT*sxoH-»o6amssxD-»<namecussxoH-«xnamECussxcN-ia008!flr > 1 OB! ECU9SXOH-fIBCBffrHTSXOH-1999 B!BniSXOV«Og BIRR ECUSXO3-1999 BH 09/OH/980RIS' TKHHHI^HBB:>-^p«***^ooCß?flrHTS%;)M-IWB!flniS%!r.- < ?OOeB!nnEajS%CM999Bn 3S/OS/9[ SHT SS X OH-iON OR! IS793 words
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INDONESIA IN TRANSITION
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Article, Illustration629 1998-05-25 4 S N Vasuki - LBTTHEFROM JAKARTA, If it's open for business today, that will be the best vote of confidence In Habibie By S N Vasuki JAKARTA'S sprawling Chinatown is usually chaotic on weekends. Shoppers from all over the city throng its narrow streets and shopping malls629 words
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413 1998-05-25 4 Reuters [JAKARTA] Top economy minister Ginanjar Kartasasmita, whose call this weekend for general elections as soon as possible sent a tremor of excitement through Indonesia, is possibly the country's biggest asset right now. The ex-air force general, Indonesia's Coordinating Minister for Economics andReuters - 413 words
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240 1998-05-25 4 70% of the lift yen credits not insured or guaranteed AFP [TOKYO] Of the 1.5 trillion yen (SslB billion) in credits Japan's seven major trading houses have with Indonesia, 70 per cent is not backed by insurance or repayment guarantees, a report said yesterday.AFP - 240 words
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Article, Illustration46 1998-05-25 4 [JAKARTA] A street vendor replacing the portrait offormer Indonesian president Suharto (bottom) with images of the newly-appointed President B J Habibie at a Jakarta market yesterday. The vendor estimated a loss ofsoo,ooorupiah (5574.50) from his unsold stock of Suharto portraits. AFPAFP - 46 words
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155 1998-05-25 4 Bernama [KUALA LUMPUR] Former Indonesian president Suharto has committed a big mistake by not having an affirmative policy like the new economic policy (NEP) in Malaysia to spread the country's wealth to ethnic Indonesians, Malaysia's largest selling newspaper, Mingguan Malaysia, said yesterday. EthnicBernama - 155 words
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164 1998-05-25 4 AFP [JAKARTA] The Indonesian Armed Forces (Abri) will today reveal the results of its inquiry into the killing of six university student protesters two weeks ago, newspapers yesterday quoted its spokesman as saying. Brigadier General Wahab Mokodongan said the results of the probeAFP - 164 words
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Page 4 Advertisements
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Advertisement13 1998-05-25 4 *pw r--• < <mwx«w«nk TODAY vuanhe Zaobao «&z» j #iI«W '■•y IVHHKS^B^HpnpSiA tjTO *****7713 words
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Advertisement216 1998-05-25 4 f• xcrnii?»ti. I 1 |^r^ RwiMiV'^^l^K^S tißSt j< Music Explained! For classical music Fans AND those who tell a violin From a cello! 26 29 May 1998, Bpm daily DBS Auditorium Tickets S2O, $25, $30, $35 $42 (includes 2 glasses of wine) Citibank VISA/MasterCard 12% off (except $20 tickets) Students/Seniors/NSf216 words
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Advertisement10 1998-05-25 4 A MORE DIGESTIBLE READ. To subscribe, call 1800 840 8988.10 words
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REGION
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407 1998-05-25 5 HONGKONG Bnt economy's 3.8% gfrrinhngA in QJ forces review of scale of downsizing Reuters A SHARP contraction in South Korea's economy caught many people by surprise, but for some analysts it was a welcome sign that the country is adjusting and better daysReuters - 407 words
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Article272 1998-05-25 5 BANGKOK Officials now expect 4-5.5% contraction instead of 3-&5% Reuters THAILAND and the International Monetary Fund are likely to be more pessimistic about the country's economy in their fourth letter of intent, a government source said yesterday. The source, who is involved in drafting the letter,Reuters - 272 words
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261 1998-05-25 5 m NF.W DELHI AFP INDIA is making a concerted push to defuse the slanging match with China and Pakistan, which has pushed tension in South Asia to dangerous levels since the nuclear tests, officials said yesterday. Both the prime minister's office andAFP - 261 words
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Page 5 Advertisements
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Advertisement267 1998-05-25 5 < J#- J Emirates, Airline of the Year. See inside for details. At this year's OAG Airline of the Year awards, Emirates walked off with Best Airline for Food and Wine, Best Cabin Crew and Best Economy Class, to name but a few In fact, Emirates scooped nine awards in267 words
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REGION/WORLD
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365 1998-05-25 6 WASHINGTON No deft response to developments in Indonesia, India, Israel Reuters DEVELOPMENTS in Indonesia, India and Israel are not just testing President Bill Clinton's foreign policy skills, but also exposing the limits to what US foreign policy can achieve around the world.Reuters - 365 words
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Article, Illustration31 1998-05-25 6 [NEW YORK] This oil on canvas titled Musicos by Ruftno Tamayo will be auctioned by Christie's New York. The painting is expected to sellfbr about USs7oo,ooo(Ssl.l million). AFPAFP - 31 words
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133 1998-05-25 6 ■BELFAST Reuters ELATION at the resounding endorsement of a peace deal for Northern Ireland was tempered yesterday by apprehension over the obstacles that must still be cleared if the agreement is to work. World leaders hailed the news that 71 per cent of votersReuters - 133 words
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248 1998-05-25 6 WASHINGTON Commerce Dept seen raising Q1 growth to 4.5% annual rate Bloomberg US ECONOMIC reports this week are expected to show strong growth, high consumer confidence and low inflation, a combination that supports last Tuesday's decision by Federal Reserve policymakers to leave interestBloomberg - 248 words
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Page 6 Advertisements
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Advertisement2443 1998-05-25 6 6olben Catftle finance Mtl CORPORATION LIMITED M7"aJ I JL m (incorporated m Singapore) yiiUV AND ITS SUBSIDIARY COMPANY BALANCE SHEETS DECEMBER 31,1997 7. fixed, savings ano other deposits a y GROUP COMPANY 1997 1996 1997 1996 Notes 1997 1996 1382 1996 5 Third parties 54.763.141 68.370,163 54,763.141 68,370,163 LIABILITIES AND2,443 words
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Page 7 Advertisements
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Advertisement480 1998-05-25 7 Moving large numbers of people through an international airport is no easy task. You need dedicated people, supported by intelligent systems. Like Knowledge Engineering Pte Ltd' s innovative information technology (IT) solution. Developed in Singapore for the airport, it works quietly behind the scenes, coordinating aircraft gate and baggage belt480 words
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BUSINESS IT
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Article, Illustration522 1998-05-25 8 Toh Han Shih - Firms like Computer Associates, EMC, IBM and Unisys are hiring services professionals By Toh Han Shih [SINGAPORE] Information technology services continue to boom in this region, in sharp contrast to the rest of the regional IT industry which is shrinking because of the Asian522 words
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Article, Illustration426 1998-05-25 8 Raju Chellam - New Web quality products set to make debut next month From] Raju Chellam in San Francisco, California WHEN the World Wide Web turns to World Wide Wait, ecommerce on the Net can get both delayed and denied. With surging numbers426 words
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324 1998-05-25 8 Kenneth James - Ry] Kenneth James [SINGAPORE] There is no change to plans to launch Windows 98 in Singapore and the region on June 26, Microsoft Singapore managing director Saw Ken Wye said last week. "We're going ahead with that," Mr Saw said324 words
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IT TAKES
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Article79 1998-05-25 9 [SINGAPORE] According to a recent survey by IDC, Asian businesses are going ahead with plans to deploy Internet/intranet technology despite the region's economic woes. Shipments of Internet/ intranet software not pre-installed in hardware servers are forecast to rise from 68.000 units last year to 78,50079 words
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Article, Illustration79 1998-05-25 9 [SINGAPORE] US direct-marketing PC company Gateway 2000 has shed its millennium tag. Henceforth it's just Gateway, said South Asia managing director Robert Chu at the company's launch of its Gateway Solo 2500 multimedia notebook. Mr Chu also unveiled Gateway's new logo, which he said symbolises a79 words
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51 1998-05-25 9 [SINGAPORE] Olicom, a supplier of networking solutions, opened on May 13 its Asian office in Singapore. Headed by Asia general manager Claus Hansen, the office will have 10 employees by the end of this year. Olicom's customers include Singapore Airlines and Malaysia51 words
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64 1998-05-25 9 [SINGAPORE] Hitachi Data Systems (HDS) is upgrading its Disaster Recovery Centre in Singapore to meet new customer requirements. The upgrading involves boosting the centre's processing capacity from 170 MIPS to 250 MIPS and its storage capacity from 700 Gigabytes to more than 1 Terabyte, over64 words
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Article51 1998-05-25 9 [SINGAPORE} Kent Ridge Digital Labs (KRDL) and the Data Processing Management Association (DPMA) will be organising the IT Best Practices Seminar 98, focusing on The Year 2000 Testing. The seminar will be held on May 27 from 9 am to 5.30 pm at the Grand Plaza51 words
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Article53 1998-05-25 9 Toh Han Shih - -Compiled by 1 Toh Han Shih [SINGAPORE] A seminar on enterprise computing, EC2I, will be hosted by SCO, Compaq, Oracle, Intel and Computer Associates (CA). It will be held on May 29 from 9.30 am to 4.30 pm at the Raffles Hotel. Admission is free but53 words
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352 1998-05-25 9 Chin Jit Fong - Regional economic crisis may be a blessing in disguise, say organisers Byy Chin Jit Fong [SINGAPORE] Comdex/Asia at Singapore Informatics '98, the number one show for the region's IT industry, will be backed by a bigger promotion budget this year despite signs that the352 words
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247 1998-05-25 9 Annette Pan - By. Annette Pan [SINGAPORE] Homegrown IT firm Vivid Technology and Motorola Semiconductors have entered into a strategic alliance to integrate its Wide Area Versatile Extension Architecture (Wavexa) into Motorola's latest 56K modem solutions. Under the MOU agreement, Vivid and Motorola will jointly develop PCI and247 words
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263 1998-05-25 9 Toh Han Shih - By Toh Han Shih [SINGAPORE] Local firm Kemtec Technology's Internet phone Server, which enables cheap long distance calls through the Internet, has found buyers in Singapore, the region and Canada Kemtec founder and managing director Kevin Chia says. Using its Internet phone server, called263 words
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Article, Illustration1149 1998-05-25 11 KENNETH JAMES - Economies that say they don't have a Year 2000 problem could be the ones that need most help, Cap Gemini chief Geoff Unwin tells EEMMETB JAMES KENNETH JAMES IT'S a tale of two cities, with a millennial twist. Geoff Unwin, CEO of Europe's leading1,149 words
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494 1998-05-25 12 Kau Yi Kang - Plans to more than double share this year; fonr new models introduced By Kau Yi Kang [SINGAPORE] HewlettPackard, up to now a small player in the local notebook PC market, has introduced four new models and signalled its intention to more than double its494 words
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Article363 1998-05-25 12 Imelda Tham - Continuous speech recognition software integrated into Corel WordPerfect Snite 8 By. Imelda Tham [SINGAPORE] Corel WordPerfect users now have a natural alternative to the hassles of typing manually. Dragon Naturally Speaking, a continuous speech recognition software, has been integrated into Corel WordPerfect Suite 8 to allow363 words
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ON THE SHELF
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Article, Illustration99 1998-05-25 13 JAPAN'S Canon has introduced a high-speed document scanner that also stores scanned images directly on CD-Rs (recordables). Canon says its CD4046 CD Recorder (above) is the world's first document scanner that is designed to convert paper to digital data and record to CD-Rs. The $15,000 system scans99 words
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Article, Illustration74 1998-05-25 13 IN FOCUS Systems Inc has come out with what it calls the world's first personal projector, that works with palmtop computers, weighs 3 kg, offers 500 lumens of brightness at 800 by 600 pixel resolution, and comes with a three-watt speaker. Called LP42O (above), the74 words
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69 1998-05-25 13 COMPAQ Computer has announced its new Proliant 3000 server, calling it the only server in the market with a 333 MHz Intel Pentium II processor capable of supporting up to 3 GB of system memory. Priced at $8,674 with support for up to two 33369 words
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Article53 1998-05-25 13 ELIXIR Technology brings to Java developers, StudioJ, a suite of Java tools that offer a package of integrated components for graphical user interface development, data analysis, charting and database access. Developed by US-based Rogue Wave, the suite is priced at $2,080 for a single-user licence. For53 words
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Article, Illustration61 1998-05-25 13 HYPERTEC Memory Singapore Pte Ltd is ready with Hyperßace MxPro 180 (above), an MMX processor upgrade product that enhances CPU performance by up to 360 per cent. Priced at $269, it can be installed in 10 minutes and "provides a simple alternative to buying a new61 words
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Article53 1998-05-25 13 Raju Chellam - -Compiled by: Raju Chellam SOLOMON Software will bundle "Solomon IV for Windows" accounting software with Hewlett-Packard's Intel-based NT Net Servers for the small and medium enterprises market. Solomon said its module prices range from $700 to $1,900, depending on the edition and the features. For53 words
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Article, Illustration380 1998-05-25 13 Imelda Tham - Its two inlyet solutions can produce printed matter up to 54 inches wide By] Imelda Tham [SINGAPORE] HewlettPackard is offering its new DesignJet 3000CP Series printers to companies that need atten-tion-grabbing, larger-than-life quality print-outs. Launched last week, the new series offers two inkjet380 words
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331 1998-05-25 13 Reuter [PALO ALTO, California] Infoseek Corp last week unveiled a new search technology and said it delivers the most relevant results on the Internet, echoing the claims that most of its rivals have made for their entries. The new technology, called Extra Search Precision orReuter - 331 words
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Page 8 Advertisements
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Advertisement507 1998-05-25 8 j mm, Mif Pndw' II hwnw 2MiMi L Mr -W U.rKAmArt»fMatriiCitaar[>b»4iT Jt NiUfnM 2W Mai BM CMm m <*<# hN^aIHIXMBIJ-fMIS-IM mL 12<a* Ifttwaraion Binary 4AC Pk* v IhwHu ay ta 5 kaan or battar binary Mr*.) 4 32M8 SDRAM 512K8 Plptfa* Bunt Ltvcl 2 CldM F/4| V 3JO iffnovaMa UKn507 words
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Advertisement757 1998-05-25 8 I I I pentlum'll 1 J r U 3IT I.44MBRcppyDWkMDtn* LATBSTMM 100MhSORAMWWfcBCC STB VMooKy 4MB AOPVMao Cart I LATMT 408 UH> SCSI Harri Drive integrated Crystai Wave Table Sound 3.5* 1 44M8 Floppy Diskette Dnve H I 32* Vbri«toie EIOE CO-ROM Qrrve integrated 3Com Faat Ethertink XL I 1 5"757 words
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Page 9 Advertisements
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Advertisement362 1998-05-25 9 Is your accounting software I going to crash on Jan 1,2000? I The Millenium Bug (also known as the Y2K Bug) is going to cost the IRS (USA) some US$B5O million to fix. This bug is likely to hit your current H accounting software too. H H Luckily, you do362 words
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Page 10 Advertisements
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Advertisement383 1998-05-25 10 Page 10 l ne Business rimes, Monday, May 25,1998 ■ft l^ v^: -t fil B3sKsBt«; > B B B B tfc l*****"'"^ t«^^4s**^ S ,h, v~ 'fg r -wm f'[ -^^^^^^^^^y|^BMBBBBf M S&fe'' "i '^;^Vif^BBII A--pi 15$ --> v ifj ;|Jfe: j 3§-. Hr «!i^ %i,> "?y lil -Yi *i383 words
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Page 11 Advertisements
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Advertisement49 1998-05-25 11 Crisis CiiosX.P. Group's Winqs Pakistan's Nuclear Dilemma ll I I I WM I Fax: (65) 223-3287 Phone: (65) 220-4292 E-mail: subscription@feer.com Cost-effective enterprise application solutions. Centura If you need software solutions that support the business, arrive on time, work reliably, and are easily maintained Centura has the answers. centurasoft.com.au49 words
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Page 12 Advertisements
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Advertisement334 1998-05-25 12 CmgmeAsa3B'' T The 10th Asian International Information and Communication Technology Exhibition Conference incorporating MobHeCammAsiagß The 3rd Asian International Cellular, Radio Satellite Communications Exhibition Conference UteflwrtMfflffl SWWS The 4th Asian International Networking Exhibition Conference Held concurrently with BroadcastAsia9B The event for the communications and networking professionals of today. 2-5 June 1998334 words
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Advertisement9 1998-05-25 12 HP takee on large format printer market, Page 139 words
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Page 13 Advertisements
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Advertisement179 1998-05-25 13 A LEADER IN ENTERPRISE REPORTING SOLUTIONS Ad hoc production reporting Easy to use for novices experts Reports on the Web Full decision support, analysis Over 1.5 million users worldwide Deutsche Bank, Merrill Lynch, Allied Signal, AT&T, British Telecom, Ericsson, Motorola, more. Tel. 334-1936 www.lqsoftware.com If your Computer Network is giving179 words
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Advertisement271 1998-05-25 13 UNIVERSITY OF LONDON (Lead College: London School of Economics) V* This newly introduced 3-year flexible Banking Finance degree from London offers the modern financial managers, whether they are employed in banks, financial institutions or other organisations, the way banks and financial institutions operate in a global environment. Subjects you will271 words
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EXECUTIVE LIFESTYLE
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Article, Illustration562 1998-05-25 14 BENJAMIN LOH - Evocative playing of Debussy erases untidy start, says benjamin lob BENJAMIN LOH LAST Friday evening's celebration of French music by the Singapore Symphony Orchestra, under the baton of Shui Lan, heard varying standards of performance, from an imaginative La Mer by Debussy to a562 words
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Article, Illustration617 1998-05-25 16 CANNES FILMFEST Quality of 22 films competing for Golden Palm is uneven but yonnger directors have the edge Reuters [CANNES, France] As the stars prepared their glitzy evening gowns and tuxedos for the Cannes Festival award ceremony yesterday evening, suspense reigned over which ofReuters; REUTERS; FILE PHOTO - 617 words
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404 1998-05-25 16 AFP THE Taiwanese film The Hole, by Tsai Ming-liang. was awarded the International Critics (Fipresci) prize on Saturday for "the daring with which it combined realism and apocalyptic vision, desperation and joy, austerity and glamour". The film is a slow-burning love story setAFP - 404 words
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Page 14 Advertisements
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Advertisement340 1998-05-25 14 '$.!«s*, s s; People who are IT-savvy are also interested in TUg World Cup The World Cup soccer's premier megaevent will dominate the lives of Singaporeans. And it's the perfect time to advertise and score points with World Cup fans who are also interested in computers, cars, hi-fi, phones, fast340 words
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Page 15 Advertisements
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Advertisement566 1998-05-25 15 Ma't (m l«w? Imi III) 5v Cats' Mews I I l Classified this j &<•« *51 N» CATS. Where to wine, dine and entertain*. Personal Accident Insurance worldwide. *****45 I it lu H n&tv fn&na I at PAOLO I j PING'S PASSIONATELY ITALIAN TASTEFULLY CHINESE 731-7^85 Ist Anniversary tHRTH SHAKING566 words
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Advertisement104 1998-05-25 15 "WE LIKE A MAN WITH A HEALTHY APPETITE." THERE'S MORE TO SEE AT IhC. ®B 7th Fkxx, Oencjt Union House, Cotlyw Quay, Sinflaporc *****1. W: 224 3922/224 3203 Fax: 223 448S ZSVU 7H\ June only i*mss Hn« unique Mew Orl«»nj cuisine of H*is teij celeb"ckef Hij sij»«H»re >ijKej, re-cve«f<> by104 words
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Page 15 Miscellaneous
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Miscellaneous866 1998-05-25 15 TV&RADIO Premiere 12 By Wheel of Fortune. 2.00 PM TV Innovations. 6.30 The Pyramid Game. 4.00 Indian Matinee: Mogha--2.30 PM TV Innovations. 7.00 News sat Seven. mul (r). 4.00 Kidz Blitz: Space Goofs. 7.30 Sabrina the Teenage 7.00 Mediterrania. 4.30 DrXargle. Witch. 730 TamU Seithi (News) (T). HHn 5.00 The866 words
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Miscellaneous157 1998-05-25 15 CKVPi'IC CROSSWORD 17 Having no work to do, one 30 Evidence of a slack washer (8) ed long ago (6) YESTERDAYS SOLUTION 31 Upset. Alfred blazed (6) 8 sketch (6) Dwwi UHe is guilty of a grave offence WI*WoWeH' M| A n U Hn 1 Sense agreement in the crew157 words
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Page 16 Advertisements
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Advertisement162 1998-05-25 16 NISSAN FORKLIFT •.A H j |A l(Qa Cp3l V Ml' I'JPI ®vS." -rr-iMi-r h*.v i-*S &fYr\-r A r r C- K( V r| r p w k < b«. v v k;Mt.L U Vlf ty -1 V/ H F Y\' ■WriTffrxPnWiWfrWfiwTFWWWS^!^^?® -*S ■i-ab a ,*7>f.7 j* y Jj~ r>v 'inß162 words
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COMAPANIES & MARKETS
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488 1998-05-25 17 Teh Hooi Ling - It is paying USs22.sm for Silicon Engineering Inc acquisition Bif Teh Hooi Ling [SINGAPORE] Home-grown multinational Creative Technology has added Silicon Engineering Inc (SEI), a US chip design firm, to its list of acquisitions. Creative said in a statement over the weekend that it488 words
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Article, Illustration653 1998-05-25 17 Quak Hiang Whai - HANG SENG DTSIOHT Market more concerned about impact of Jakarta crisis on currency peg, interest rates By Quak Hiang Whai A NEWLY arrived foreign broker asked last week: "Which party does Tung Chee-hwa belong to?" He wasn't kidding. Many of Hongkong's professionals find653 words
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276 1998-05-25 17 Bernama {KUALA LUMPUR] Antah Holdings Bhd (Antah) on Friday said it proposed to restructure its oil and gas division. It also proposes to list its 60 per cent-owned subsidiary, Oiltools International Ltd (OIL) on the London Stock Exchange (LSE),Bernama - 276 words
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REGIONAL/INTERNATIONAL COMPANIES
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262 1998-05-25 18 Bloomberg [WASHINGTON) IDG Books Worldwide Inc is about to become the first publicly traded company that specialises in making money from a bunch of "dummies". The Foster City, California, publisher of Windows for Dummies, Wine for Dummies and other instructional books, filedBloomberg - 262 words
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465 1998-05-25 18 Eddie Toh - Penang-based firm, in which DBS Sec holds 24%, is looking to buy a KL broker From Eddie Toh iit Kuala Lumpur HWANG-DBS Securities in which Singapore's DBS Securities has a 24 per cent stake is the soundest brokerage in Malaysia with minimum liquid funds465 words
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318 1998-05-25 18 Scandal comes at bad time, as Nasdaq, Amex join forces Bloomberg [NEW YORK] A second New York Stock Exchange floor broker pleaded guilty to securities fraud and conspiracy in a trading scandal at the world's top exchange. Christine Beyer one of eight NYSEBloomberg - 318 words
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315 1998-05-25 18 Bild publisher's offer may come at £1.2b, say analysts FT [FRANKFURT] Axel Springer Verlag, Germany's biggest newspaper publisher, is considering making a bid for Mirror Group, the UK tabloid newspaper owner. In a hurriedly prepared statement published after the London Stock Exchange closed onFT - 315 words
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265 1998-05-25 18 US$l OOm to pay execs to ensure deal is not delayed FT [LONDON! Seagram has agreed to give PolyGram president Alain Levy a discretionary fund of nearly US$lOO million (Ssl64 million) to distribute among his senior executives to secure their co-operation withFT - 265 words
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Article162 1998-05-25 18 AFP [FRANKFURT] Daimler-Benz, the biggest German industrial concern, has no current plans to cooperate with or take over an Asian carmaker, said management board member Eckhard Cordes on Friday. "TheoreticaUy, one can ask the question whether it would be a good idea to purchaseAFP - 162 words
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Article, Illustration484 1998-05-25 18 Asian downtnrn and soft domestic economy cited Reuters [SYDNEY] Salomon Smith Barney Australia Securities said yesterday it switched its forecast for the Australian share market, predicting a lower finish at the end of 1998 due to Asia and a weakening local economy. The Wall StreetReuters; FILE PHOTO - 484 words
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FINANCE & COMMODITIES
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300 1998-05-25 19 Bloomberg [LONDON) Barclays pic, Britain's third largest bank, said it expects profits to grow in its credit card division in 1998 and that funds under management grew by 10 per cent in the first quarter. The bank made the announcements on two ofBloomberg - 300 words
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Article, Illustration404 1998-05-25 19 Its USsBoom offer is 8 times the investment bank's book value FT [LONDON] Bankßoston, the US commercial bank, has offered US$BOO million (Ssl.3 billion) for Robertson Stephens the investment banking boutique bought last year by Bank America, according to people familiar with the negotiations. TheFT; Source: Bloomberg - 404 words
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Article172 1998-05-25 19 Reuters [SYDNEY] Asia's economic crisis will make it tough for Australian banks to better their first half 1997/98 profits in the second half of the year, Westpac Banking Corp managing director Bob Joss said yesterday. "It definitely will be a much bigger impact in theReuters - 172 words
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361 1998-05-25 19 Sale could be announced in a week or two, says source Bloomberg [NEW YORK] Daiwa Securities America Inc, a unit of Daiwa Securities Co, is in talks to sell its three-year old prime brokerage business, a person familiar with the firm said.Bloomberg - 361 words
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180 1998-05-25 19 AFP [SHANGHAI] Shanghai has selected the local branches of two foreign banks to participate in its electronic banking system, Xinhua news agency reported on Friday. The central People's Bank of China's Shanghai branch picked Hongkong and Shanghai Banking Corporation (HSBC) and the UnitedAFP - 180 words
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146 1998-05-25 19 Bloomberg [TOKYO] Nippon Credit Bank, Japan's smallest long-term credit bank, will liquidate Eastbridge Capital Inc, its US-based securities affiliate, the bank said. NCB will also liquidate Eastbridge Capital's four related companies, the bank said. Eastbridge is a New York-based US primary deal- er withBloomberg - 146 words
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Article, Illustration1907 1998-05-25 19 PRIME LEWPDIO RATES BANKS ABN Amro Bank NV 8* ABSA Bank Limited B". ANZ Banking Group Allied Irish Bank PIC 7v» American Express Bank 8V4 Arab Banking Corp 8vt Arab Bank PIC 7W AsaM Bank Ltd 8W Ban Hin Lee Bank BM 8V» Banca Commercial Italiana 7V« Banca Narionale Dei1,907 words
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COMMODITIES & FUTURES
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Article, Illustration540 1998-05-25 20 Hiroko Komiya - Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE) The relative calm in Indonesia following the abrupt resignation of President Suharto last Thursday will allow domestic factors to be more at play thisSource: Simex - 540 words
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Article, Illustration853 1998-05-25 20 COMMODITY Weeklyßoundup AFP (LONDON] Aluminium prices rose slightly last week in reaction to disruption caused by striking Russian coal miners, while the easing of the Indonesian crisis sent coffee prices down. GOLD: dull. Gold lost ground last week onAFP; Source: Bloomberg - 853 words
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Article1917 1998-05-25 20 L' JHI JtrtVKi JJI MM ij'M.Ui MWi MMMtli'Mi SICOM FUTURES May 22 MM8CR (Mar*s dosinq *t SJOim) RSS1 CONTRACTS cMts/kq) Close Volume Open Month Hjgh Low Sett (towns) Interest Jun 98 127.00 127.00 127.50 50 650 Jul 98 129.00 128.00 129.00 100 1615 Aug 98 129.00 129.00 129.251,917 words
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Article5149 1998-05-25 21 Nat tin CPS New Toyo 25c Maris P 7.821 10.078 3 88 na Oat* TV LY TY LY N.ppacratt Mar 31 P 1.610 7.9821 0.81 4.0L Company aim <$m) ($m) (eta) teta) Noel Gilts Mar 31 I 1262L 0.972L 1.91 2.21 Nobel Design Mar 30 P5,149 words
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SINGAPORE WEEKLY MARKET OUTLOOK
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Article, Illustration207 1998-05-25 21 gfS THE Straits Times Industrials Index closed at 1,313.67 last Friday, down 9 points or 0.7 per cent for the week. The market started weak on news of the rising death toll from riots in Jakarta and the exodus of foreign residents and wealthy Indonesians from the country.207 words
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Article, Illustration92 1998-05-25 21 DBS Bank's announcement last week that it will be appointing John Olds, a former managing director of JP Morgan, as its CEO has been positively received by investors. It is a clear sign that the banking sector is liberalising very rapidly. Once the dust around the regionSource: Bridge Info - 92 words
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Article, Illustration106 1998-05-25 21 KEPPEL Land's marketing strategy seems to have paid off. It attracted buyers for its Villa Verde apartments by slashing prices. Then as more buyers came in, it raised its prices. Keppel Land seems to be using the same strategy for its 694-unit Palm Gardens. For this project, theSource: Bridge Info - 106 words
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Article264 1998-05-25 21 Source: Analysed by Peter Coker, a director of Bridge Int 7 Broking Relative Strength Index RSI measures the rate at which prices move. As a rule, an RSI above 80 indicates an overbought condition while RSI below 20 indicates an oversold market. RSI is more effective inSource: Analysed by Peter Coker, a director of Bridge Int 7 Broking - 264 words
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MARKET REVIEWS
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Article, Illustration607 1998-05-25 22 NEW YORK Dow on downward swing as traders show reluctance to chase prices up AFP BLUE-chip share prices scored modest gains for the week ending Friday as the US Federal Reserve opted to leave interest rates unchanged and traders seemed reluctant to push share prices up further.AFP; FILE PHOTO - 607 words
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331 1998-05-25 22 HONGKONG AFP TRADING in Hongkong stocks is expected to remain cautious this week amid political uncertainty in Indonesia in the early days of President Bacharuddin Jusuf Habibie's rule. "Basically, I think trading will be cautious with 9,800 points being the resistance level,AFP - 331 words
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373 1998-05-25 22 LONDON AFP SHARE prices on the London market rose slightly last week, as dealers reacted with some relief to the calm afforded by the resignation of former Indonesian President Suharto and unchanged US interest rates. After a slump on Monday, sharesAFP - 373 words
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347 1998-05-25 22 mTOKYO AFP JAPANESE share prices will face a tough climb in the week ahead despite fading fears of uncontrollable turmoil in Indonesia, brokers said. "With the Indonesian situation in a lull for now and excessive pessimism being modified, it is gettingAFP - 347 words
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Article838 1998-05-25 22 □Sytoy -319 THE momentous events in Indonesia and persistent expectations of a correction on Wall Street would severely hamper trade on the Australian bourse in the week ahead, analysts said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, ended the week down 39.9 points, or838 words
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Article1852 1998-05-25 22 -13 Paris ♦59.56 FRENCH stocks were mixed on Friday as declines by oil producers countered gains in Alcatel Alsthom SA and Renault SA, buoyed by optimism about economic growth. France's benchmark CAC 40 Index rose 1.86 points to 4,049.78. For the week, the index was up 59.551,852 words
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KUALA LUMPUR STOCK MARKET
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Article9266 1998-05-25 23 INDUSTRIALS Consumtr products <998 Last Vol Net Cap High Low Company Sal* OOO High tow Wl $a* 310 180 A|inomoto 220 2 20 222 218 12.1 89.2 148 65 Angkasa 73 7 133 74 66 1.7 107.6 290 123 Apollo food Hlg 160 -5 6 160 132 4.7 64.0 3889,266 words
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475 1998-05-25 23 AFP Composite Index +10.38 MALAYSIA'S stock market will track the movement of regional bourses in the coming days amid uncertainties in Indonesia, analysts said. The Kuala Lumpur Stock Exchange's 100-share weighted Composite Index rose 10.38 points to end the week at 577.23 but the lesserAFP - 475 words
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WARRANTS & OPTIONS
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Article3774 1998-05-25 24 BONOS, LOANS WARRANTS wt 1998 Last Vol Last Quote Avq Hl«ll Low Mm Company Sal* tor- COOO> High Law Buyer Seller Price 23.5 9 m 3000 m AMOB c5.5******6 Z 12.5 3 12.5 12.5 10 20.5 8 3160 "Acer ******1 USS 8.5 12 95 8.5 3164 Acme ******4 17 »1.53,774 words
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Article171 1998-05-25 24 R Sivanithy - WARRANT WATCH -By) R Sivanithy IT's been some time since we last featured Malaysian plantation firm Kemayan Holdings' warrant in this column, so now is an opportune time to review the instrument's numbers. Kemayan's warrant expires in August 2000. so time is still on171 words
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Article2495 1998-05-25 24 Week ended May 22 j MALAYSIAN STOCKS Or Gr 1998 List Vel WMt LMtOuete CXv Dtv YW N«t M Cap High Low Stno Company SM COOO) High Law Buyer SePer C'yr P/E Smii 135 28 ms 5000 AIS8 50c 60 *7 2333 70 48.5 60 60.5 5.0 3J2,495 words
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6622 1998-05-25 25 Week ended May 22 Sr Sr M Wt 1998 Last Vol «Ht Last Quote Dlv 01* VM Net Cap Avg Hl<l> Low StNo Company Salt COOO) Mlqh Low Buyor Seller C »r P E mH prlc INDUSTRIALS 43 16.5 e 1020 ACE Dynamic s60c6,622 words
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Article1302 1998-05-25 25 Or Cr M Wt 1998 Lnl Vol «Mt List Ouote Dlv Ot» VM Net Cap Avq Mlqh Law StNo Company Solo COOP) High Low Buyer Seller C'vr P/E $mM Price 134 82 e 2000 ABRHIdqsSc 82 -3 51 84.5 82 81 92 40.0 84 243 76 2049 AS Auto1,302 words
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STOCK EXCHANGE OF SINGAPORE
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Article423 1998-05-25 26 Stocks Volume •RHBCap Wt99 74,264,000 *M Resources 58,574,000 •Renonq Bhd 50c 58,101,000 SingTel 15c 54,483,000 ST Engg 10c 47,970,000 •Rekapacific Bh 47,186,000 •MBf Capital 46,812,000 HK Land USIOc 37,756,000 •Pub Bk Foreign 24,386,000 DBS Land 18,616,000 Stocks DBS Foreign 172,003,438 SingTel 15c 131,836,327 SPH 125,218,760 SIA Foreign 110,566,471 OCBC Foreign423 words
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Article, Illustration55 1998-05-25 26 Shiv Taneja - -by Shiv Taneja OUB Foreign closed five-cents higher last Friday on a volume of 1.71 million shares, compared with its 10-day traded average of 1.4 million units. Although the daily and weekly RSI and stochastics are oversold, it is unlikely that the stock will see more upside in55 words
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Article, Illustration702 1998-05-25 26 R Sivanithy - THE WI!I!K ABBAB Regional market reaction to Habibie's appointment has been mixed with negative bias; analysts are taking wait and see stance By R Sivanithy THE Straits Times Industrials Index's net fall of just nine points to 1,313.67 last week belies the anxieties702 words
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Page 17 Advertisements
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Advertisement46 1998-05-25 17 S ON L-I;AY CONFERENCE ON: I Latest Updates and Key Elements for Successful CORPORATE GOVERNANCE I I 14 JULY 1 15 JULY 17 JULY Shangri-la Hotel I Istana Hotel H Furama Hotel Singapore I Kuala Lumpur H Hong Kong Amendments to BFST PRACTICES GUIDE. J I46 words
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Advertisement11 1998-05-25 17 A button off his coat. We served him a beer. \^fifiBKnwWi11 words
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Advertisement50 1998-05-25 18 rare investment opportunity Secure Blue Chip Affordable International Diversification o www.concordpacific.com Singapore -t* o no ro Co r-H 'S\s See J lilvl I Sunday SM i JilaKi a Sunda y Classified m TlfVml special on antiques, AK I collectors' I JM Hi lln items, and r^T 9 IUaA|J arts crafts50 words
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Advertisement92 1998-05-25 18 —gsan WORLD WIPE I Since 1975 our worldwide staff of over 275 multi-disciplined professionals I including lawyers, chartered accountants, chartered secretaries and I bankers have provided confidential and cost effective company formation I in all the major low tax areas including: I Full professional after sales service provided. For a92 words
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Advertisement232 1998-05-25 18 Motorised Walker jonmson Model: JET-1500 l C Designed specially for walking and light running at home. Perfect for first time users who look for design and function. FEATURES: M 5-Window LCD display TIME, DISTANCE, CALORIES, SPEED PULSE Over-current protection 1 hp DC continue duty Speed: 0 to 12lcm, o.lkm increments232 words
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Advertisement117 1998-05-25 19 t*WOFS College in partnership with California State University, Dominguez Hills OFS College with California State University offers the first two years of an American university program in Singapore I Successful students directly transfer to CSU's Dominguez Hills campus and can transfer to other US universities. OFS College prepares students for117 words
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Advertisement26 1998-05-25 21 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A..T.S. at 1800-737-1166. Another Classified Service26 words
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Advertisement574 1998-05-25 21 BUSINESS ()t tCCS 1° advertise call toll-free INOO-741 ISS3 I IN THE MATTER OF THE COMPANIES ACT. CHAPTER S« STATVTOIY DECLARATION OP INSOLVENCY j I. LEETONG SEE. NRIC No *****14/J j of SI Dorset Road. Singapore *****2 made oath and say as follows: (a) lam Director of the »bo vaunted574 words
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Advertisement529 1998-05-25 21 BERGER BERGER INTERNATIONAL LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of the shareholders of the Company will be held at San Marco 1, The Marco Pok) Hotel, Tanglin Road, Singapore *****5 on Thursday, June 11, 1998 at 10:30 am to transact529 words
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Page 23 Advertisements
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Advertisement18 1998-05-25 23 Make The Straits Times I Classified your first pit stop when L shopping for your car or motorbike.18 words
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Advertisement64 1998-05-25 24 calling'about f See...l told The card we're the computer I you this was a f making for Susan 1 I advertised in /^aT"7\X. gCKxI deal >/ Yup, we got what is going to be J V The Straits Times /f, S we wanted because \real nice!^^/ (itk 1 Buying or64 words
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Advertisement10 1998-05-25 25 Put The Straits Times Classified to work for you today.10 words
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Advertisement532 1998-05-25 26 BUSINESS Notices ACE DYNAMICS LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 34th Annual General Meeting of ACE DYNAMICS LIMITED will be held at 1 Shipyard Road, Singapore *****8 on Wednesday, 10 June 1998 at 10.00 am for the following purposes: AS ORDINARY BUSINESS 1. To532 words
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Advertisement842 1998-05-25 26 ABR HOLDINGS LIMITED HOLDINGS LIMITED Notice Of Annual General Meeting I NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of the Company will be held on Thursday, 11 June 1998 at 10.00 a.m. at The Conference Room of 41 Tampines Street 92, ABR Building, Singapore *****1 for the842 words
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Advertisement877 1998-05-25 26 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. CAT-S. Another Classified Service RIDE OF A LVEIME saw* $33,000 o*o. LS^®^* ***** f S/nn» N n0 jj r '—r Steer through The Straits Times Classified to find the best car for your budget.877 words
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SHIPPING TIMES
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Article300 1998-05-25 27 Contributed by Simpson SpenceA Young THE major activity in the market continues to be the number of inspections taking place rather than the number of firm negotiations, with a very limited number of sales coming to light this week. Continuing the recent trend, a couple of handy bulkersContributed by Simpson SpenceA Young - 300 words
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Article293 1998-05-25 27 set '000 Uf 22 w CWT Distribution 0.58 -0.02 4a Chuan Hup 0.425 »0.005 83 Cosco lnv»»tm«nt ..0.74 -0.01 80 FrdgM LMu 0.27 -0.01 226 GB Hoidinqs 0.28 -0.005 3 Hal Sun Hup 0.51 -0.005 148 Hitachi Zoxn 0.88 -0.01 57 IMC Holdings HK 5.60 Jaya Moldings 0.42293 words
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Article, Illustration487 1998-05-25 27 Rahita elias - It plans purchase in next 5 years and is likely to acqnire one smaller than itself By Rahita elias [SINGAPORE] Neptune Orient Lines (NOL), which completed last November the acquisition of US-based APL, plans to acquire yet another shipping line within the next487 words
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Article, Illustration58 1998-05-25 27 [PANAMA] Panama Canal workers putting in new pre-fabricated rails last week during a renovations project at the Miraflores lock. The rails and the 70-ton locomotives used to pull cargo are being replaced at a cost of US$l million (SSI. 6 million), in a project to improve theAFP - 58 words
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854 1998-05-25 27 David Hughes - DOCKYARD By] David Hughes HHO PUT it politely, accounis not always identified as being one of the most exciting of profes■i sions. And on first sight a new debate in shipping accountancy circles appears arcane in the extreme. It would be a854 words
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302 1998-05-25 27 Marcus Hand - By\ Marcus Hand [SINGAPORE] APL, the container division of Singapore's Neptune Orient Lines (NOL), is expanding rapidly its presence in the Latin American market. In just three years APL has gone from serving only San Juan, Puerto Rico, to a total of 34 ports302 words
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368 1998-05-25 27 UASCs USsslm earnings dne to lower shipping rates AFP [ABU DHABI] The biggest joint Arab shipping venture reported a slide in profits in 1997 although it stayed in the black for the third year running following a series of losses, its balance sheetAFP - 368 words
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158 1998-05-25 27 AFP [MANILA] Marubeni Corp of Japan is seeking to acquire a 20 per cent stake in a joint venture that will handle cargo operations in a port south of Manila, the potential partner said. Atlantic Gulf and Pacific Co said it isAFP - 158 words
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Article, Illustration959 1998-05-25 28 Mathew Flynn - Pain in the shipping industry remains, with no sign of basic restructuring being made Hy. Mathew Flynn Maritime Asia THE drama of the crisis facing Korean shipping companies has seemingly ended. But that stabilisation does not mean that the painMaritime Asia - 959 words
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364 1998-05-25 28 PAGE ESP Lines 14 ACL 9 Ethiopian 6 ANL 3 E*wgreen 6 tt Accord 8 M Ahrenkiei 14 FoongSun 8 Appenship 5 frot4 15 AsiaOCL 15 FrtUnks 16 tt Astro 3 CUn 4 Austral 9 Gemartrans 8 Avant 16 Genshpg 9 B'tang Mas364 words
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Article17021 1998-05-25 36 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 30/05 T5/07 Clan S A ESTORIL V.EST049/L V 9810SB 65-*****36 To BUENOS AIRES (BUE) 2060 To ABIDJAN (ABJ) 2003 lo Ara17,021 words
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SHIPS IN PORT
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Article567 1998-05-25 43 Vessel Voy No Berth Arrival Departure Jurong Port Baikal I 3/98 J04 alongside 25.05/1500 Batulicin 008 J09 alongside 25.05/0230 Chen Yu No 7 To2398 J02 alongside 24.05/1700 Crane Hope 78 J09 alongside 24.05/1700 Fanouia 001 J17 alongside 30.05/2300 Georgios 130/98 J06 alongside 26.05/2300 Hung Yun 9807 J08 alongside567 words
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Article2027 1998-05-25 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/IUItnct Rstls Ship Voy No Etb/Btr Ported Fro«n To From Ac* 0124 24/0700 24 24/1700 25W459 2V0100 2* 24/1700 25/0*51 25/0900 3 25/0700 25/1159 25/MOO 4 25/1200 25/M51 25/1700 ACTUK MS 2t/l«0C 24 24/1700 25/0454 25/0900 21 24/1700 25/045* 25/01002,027 words
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Article178 1998-05-25 43 May 29 Hong Kong.Tuen Ng Festival. May 29 United Kingdom: Spring Bank Holiday. United States: Memorial Day. May 30 Taiwan: Dragon Boat Festival Jan 1 Austria: Whit Monday. Belgium: Whit Monday. Brunei: Anniversary of Royal Brunei Malay Regiment. Denmark: Whit Monday. France: Whit Monday. Germany: Whit Monday. Ireland178 words
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Article942 1998-05-25 43 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-sized stem Market movements are indicated The Cockett Bunker Price Index change and the individual942 words
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Article400 1998-05-25 43 Carton WO MM 992.2 0.9 18.0 0.11 46 0.07 May 21 Density W«tw IhMm Ask Aluminium Segment No above £25 5 0 8 J 0 0 —1— 380 AM 966.8 0.2 16.5 0.06 32 0.03 380 Mm 991.5 0.8 19.3 0.16 72 0.09 WW »»/v »M/M400 words
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AIR & LAND TRANSPORT HEWS
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382 1998-05-25 44 Marcus Hand - DHL, UPS largely operational while FedEx briefly suspends dealings By) Marcus Hand [SINGAPORE] International air express services to and from Indonesia remained largely operational throughout the turmoil of the last two weeks, although some disruption was reported. Both DHL Worldwide Express382 words
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258 1998-05-25 44 AFP [TOKYO] Japanese minicar maker Daihatsu Motor Co Ltd announced a 53.2 per cent drop in group pre-tax profit for the year to last March, citing a slump in the domestic auto market. Daihatsu, an affiliate of Toyota Motor Corp, said its pre-tax profit fellAFP - 258 words
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109 1998-05-25 44 AFP [LONDON] British Airways has begun negotiations to include the Hongkong carrier Cathay Pacific in its proposed global alliance with American Airlines, the Observer newspaper reported yesterday. It quoted a senior industry source as saying the three were negotiating to secure a major marketingAFP - 109 words
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Article, Illustration68 1998-05-25 44 [HAVANA] An employee of the Cuban Transportation Ministry bringing several tricycles, designed to carry goods, to a local state factory in Havana last week. Recent government surveys reveal that since the use of bicycles was massively promoted as a principal mean of transportation in 1993 to compensateAFP - 68 words
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287 1998-05-25 44 Ferry services from Penang to Belawan near Medan also full Reuters [KUALA LUMPUR] Flights to Indonesia from Malaysia were fully booked yesterday as Indonesians began returning home. A Malaysia Airlines' ticketing official said no seats from Kuala Lumpur to Jakarta were available until tomorrow.Reuters - 287 words
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Article, Illustration731 1998-05-25 44 While Boeing touts the smallest plane it has designed, Airbus is going big on A3XX Reuters [BERLIN] Boeing's first appearance at the Berlin Air Show last week revealed a glaring contrast between the Seattle giant's long-term strategy and that of its European challenger Airbus.Reuters; REUTERS - 731 words
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302 1998-05-25 44 AFP [KUALA LUMPUR] Malaysia's new nine billion Malaysian ringgit (553.9 billion) international airport will begin commercial operations next month but faces hitches in taxi and bus shuttle services, reports said yesterday. The two companies, which were awarded the contracts to provide taxi servicesAFP - 302 words
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Article1748 1998-05-25 44 QTT FU6HT CU FLIGHT ETC Amstardam KLS43 0450 K1838 2300 TC407 ,M0 ***** 1435 S0343 0735 MWW WO MUM MB KL837 1455 AWT 1335 >W» 2135 Auckland N***** 2050 N***** 2045 SOW? 1TOO SOW! 0130 S02W 2080 S0205 2045 Ho CM Mlnh VN741 1310 VK742 09051,748 words
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Advertisement18 1998-05-25 27 Changes needed amid Korea crisis Shipping industry remains in pain with no sign of basic revamp. Page 218 words
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Advertisement120 1998-05-25 27 DHL, UPS operational in Indon But FedEx has briefly suspended Jakarta business. BackPage f f d'AW, T; J--411| isili A 4HUIf r I <slfcj-j 5 CMS® «ff f 1 i 1 Visa Freight Serwces Pte Ltd 1 i 1 The Global Vision in Total Transportation Regular Groupage LCL Consolidation Import120 words
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Advertisement1277 1998-05-25 28 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA DIRECT SERVICE TO WEST COAST SOUTH AMERICA/ASIA ANOGS EXPRESS SERVICE (SQ vtssa vor (usm nosai id mi hou ok ra mkkoott vtssa 1 VOT ""1 owmavmyima ciuao to kmw amtoeagasta wmmmo rrrr;1,277 words
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Advertisement721 1998-05-25 28 Lines servces represented Members of the [I by Members o» the Fiegistry oI r«i 4 ril Singapore Forwarders Accredited Shipping Agents Association \£i»' Jx S.ngapore Shipping Association NEW ADVERTISER Find out more about their service: NTL Naigai Trans Line v1 Hirn to Page 6 EXPORT 3 x Japan -2 x721 words
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Advertisement1074 1998-05-25 29 TO EUROPE FROM EUROPE I VESSEL VOY SIN RTM AMR HAM MV SOU FXT L£H VESSEL VOY RTM ANB HAM MV SOU fXT LIH SIN HY HIGHNESS 3UW 26/05 12/06 13/06 16/06 10/06 HY EMPEROR 41M 06/0S 02/05 05/0$ If/04 2J/0S API ALMANDME 302W 29/05 20/06 17/06 18/06 15/06 U1,074 words
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Advertisement2171 1998-05-25 29 (p) HANJIN SHIPPING HANJIN SHIPPING (S) PTEITO hnp hone* com IOOtINC 37*0735 7J7 SJU.ES 32*0774 731 MQMBn 37*0771 774 OHIATIOKS 32*8141 751 MAM INK *****55 FAI ******0 CI HO 11 *****0000N TO NW USA CANADA J USA CANADA* FDR VSI/VOY UM SW LIM HAU/VOY SIA TTW 1 DIN POX CM2,171 words
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Advertisement1433 1998-05-25 30 DSR SENATOR LINES I TO UK/CONTINENT TO RED SEA/MKUniiIKRANEAN/CANADA VtSStl VOY SIM LtH RTH MB HOI WY FU Vttttl VOY SM MO BIT SP* TOS VIC MT* HAKJiM WILMINGTON WNB2? 2* 06 12 M 14.H 15 06 17.06 17* 11« •MZAIOOUIt IOTM2S 20 06 MHI4 06 1160 II« ?0 061,433 words
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Advertisement1506 1998-05-25 30 MY VML Internet Web Srte http: //www yml.com tw IJ* IHWi'' ,l 1: j :ii *\f.r f i: s-:: n -i/./ 1 li'im.; j' hI»H TWICE WEEKLY EVERY thursoat/SUNOAY VESSEL WOY CMB RTM HAM FXT LEH ANfl GIBRALTAR BRIDGE AB2IW 30/05 21/06 194)6 18AD6 23/06 MING WEST JB2IW 31/05 17/061,506 words
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Advertisement458 1998-05-25 30 LINE I SS t TIL: M ***** FAX: ISMIIS muara i Tabuan vtssu vor no it* vissa vot rro eta SFORt MUARA SFOtf UN Anil GKXT vix/n 26/ os »/o$ knt ao#T */os */w J.PROSFB VI4I/9I 31/05 03/06 LFROSFiR VI4I/1R 31/0$ 04/0* AfSIl GiORY VI4I/W 04/06 07/06 AFRtOORT Vl4l/00 04/06458 words
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Advertisement1607 1998-05-25 31 VESSEL VQY SIN PGll PKG PEW BLW SUR DUB BA BIK IRAN VAHDAT PJL 1284 21/05 IRAN TAKHTI PJL 1288 28/05 08/08 07/00 IRAN TEYFOURI PJL 1287 05/08 14/06 15/°® IRAN MOBIN PJL 1293 20/08 29/08 30/0B ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLANO POINTS IN IRAN CIS COUNTRIES I.E. AZARBAIJAN, ARMENIA.1,607 words
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Advertisement1946 1998-05-25 31 SAILING 1 TO SHANGHAI XINGAN6 J I SINGAPORE'S GENERAL AGENTS: 6 SHINTON WAY TIL: 226 1900 FAX: *****08 OUTWARD (l/L) COSTAR SNIPPING PTI LTD #17-08 DIS BLDG SALES/BKGS 4205M1/43 INWARD DEPT (0/0) *****8S COSTAR AGENCIES (M) SDN BHD |(R MO: **********0 M TOWER TWO (*****9) CONVENTIONAL *****50/S5 T/SHPMT DEPT *****2S1,946 words
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Advertisement562 1998-05-25 31 \i~, EASTERN CAR LINER, LTD. ,h^lT 02 fjLa Ea (SINGAPORE) PTE LTD SZ n I SPECIALIZE m ROUP HEAVY LIFT UPTO 122 TOWS ECI (SINGAPORE) PTE LTD LOADING FOR YANGON CHITTAGONG PORT KLANG MV "AMRTA VII" V.5 MV "LUNA AZUL" V.l 1 ETA SIN 23/05/98 03/06/9jT 29/05/98 ETA SIN 25/05/98562 words
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Page 32 Advertisements
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Advertisement1316 1998-05-25 32 aa^idzMiiddja EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SGP RDM ANW HBG THP ZEE IHV LHV THP ROM ANW HBG PKL SGP E DEVELOP RW 001 30/05 19/08 24/04 20/06 22/08 23/06 24/06 E. GARLAND RE-053 03/05 05/05 06/05 04/05 08/05 01/06 02 U6 E RACER RW-022 BMB 2«« BM7 03/07 OM7 <*4)7 t GLOWINGIRIJ44 10/051,316 words
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Advertisement811 1998-05-25 32 \m, ai MAfc-hlfelS M'SIA I Carrier: MN CONTR LINES, INC P. GUDANG: (07) *****26 I I f\-/ J C/R HO; 1 aooB7sooooe SIBU: (084) *****9 MANILA: (832) *****24 V PENANG: (04) *****36 BANGKOK: (682) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MPN: (81) *****3 KUCMNG (082)811 words
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Advertisement419 1998-05-25 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOY I SIX I ftU I DU» I CFT I l/MY NANTAI PRINCE VO22S 02/06 16/06 21/06 NANTAI VENUS VO27S 12/06 21/06 26/06 01/07 04/07 GOLDEN DRAGON VOOSS U/06 27/06 01/07 06/07 NANTAI PRINCESS VO22S 23/06 13/07 10/07 NANTAI419 words
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Page 33 Advertisements
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Advertisement377 1998-05-25 33 BSA x I M MYANMA ISBBk FIVE STAR LINE (Myonmar National Line) loading for Yangon (Rangoon) VESSEI VOY SIN PKG PEN PGU MERGUI U3W SU) (AGO 102W SID NUUYSU AGENTS: BOUSTEAD SHIPPING AGENCIES KUI: m 02-03-*****00 PKL HI 02-03-*****01 PEN: m 02-04-*****02 PGD: TU 02-07-*****21/4 BANK LINE (A service of377 words
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Advertisement1263 1998-05-25 33 IA HYUNDAI MERCHANT MARINE CO. UP. VESSEL VOY "s»T* SOU LEH RTM AWT HAM BRV FEI VESSB VOY SOU LEH *TM —ANT_ HA* JRV Fg_ iiy irjiw.' inw 25/05 10/06 11/06 13/06 16/06 LA LOSE 5201 00/05 09/05 03/05 05/05 26/05 302W 28/05 15/06 20/06 17/06 18/06 NOIAMAZONTE 01 SI1,263 words
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Advertisement1035 1998-05-25 33 JHB UJ norwegon specahted ouKxomen mm wmu/vss TO NORTH AND LATIN AMERICA RORO HIAVYUfT SERVICE" VESSEL VOY RAMP HEIGHT Ilk LAX CRL MIA SAV BAL I ORF I NYC NEW MM TEXAS FSH 400 Torn Om 6T7M 25/0* ***** WfW 00/07 11/07 TTJW 13/07 11/07 19/07 TOBA FBI 2 4001,035 words
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Page 34 Advertisements
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Advertisement718 1998-05-25 34 BANOKOK/LAEM CHABANG JAK ABTA/PA WJA NO VESSEL VOY SIN BKK LCH VESSEL VOY SIN JKT PJN KITI BHUM" 55N 26/05 29/05 ACX JADE* 21S 25/05 28/05 BANI BHUM 99N 26/05 30/05 29/05 VIRA BHUM 212S 26/05 29/05 28/05 NANTA BHUM" 395N 27/05 30/05 31/05 GURU BHUM 79S 27/05 31/05 SINO718 words
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Advertisement423 1998-05-25 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER Wfm CR No: **********0W Receiving Cargo at PTI Bintulu 1 Muara j VESSEL VOY SIN ITU MSJ MUA B Keloit V9DO7E 31-01/06 06/06 «W WBO9E 27-28/05 02/06 BScno V9BIIE 04 05/06 11/06 MGold423 words
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Advertisement859 1998-05-25 34 /ICCORD A SHIPPING PTE LTD Til *****15 (40 Unas) FAX *****30 ft»r HANG (03) 347 1001 /g DIRECT ACCESS TEL *****55 (EXPORT BOOKING) PAS/* CUDAMC (07) SSI 1377 *****34 (EXPORT DOC), *****39 (IMPORT) ffNAMG (04) *****49 URL:HTTP://WWW.ACCORD.COM.SG IAKAHA (1)) 440 0770 POUT ITA SIN POUT ETA SIM POUT ITA SIN859 words
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Advertisement426 1998-05-25 35 INDONESIANATIONAroN^I TO EUROPE j EXPRESS SEMI-CONTAINERISED SERVICE ~VSL VOY A OAM/R OAM H BURG BREMEN ANTWERP A VESSEL 22/07 27/07 OMIT 02/0» TO AUSTRALIA ~~1 FULL CONTAINER SERVICE vsi VOY KTST fRE SHE SYD MEL HBA MH. FRE KASUGAI V.OSS 2405 »05 IMM 1206 15.06 1&06 2106 PtONEDUOYDMUSIANI VIMS MO6HM426 words
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Advertisement903 1998-05-25 35 PACIFIC INTERNATIONAL LINES (PTE) LTD f timtmmmJmS 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I V c« NO 100e*****00e VESSEL VOY PKI »IN SIS BfL KOTA PERWIRA PW«OOS H/i V/i 7/t I°/* U4* on 31/5 jZlz =nz* -ffiKOTA PERTAJWA PTMOO7 6/6 _7/ W& TO7T UTT~ 00(1 ACCLAIM 51s 127*903 words
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Advertisement915 1998-05-25 35 VESSELS VOY SIN JED MLA L£H MAM THP RTM ZEE VIU-E D OWK3N Y2SW 2MB 03A36 06/06 14/06 15/08 17/06 18/06 16/06 V*_LE DC MIMOSA V26W 03/06 11/06 16/06 21/06 ZVO6 24/06 2V06 25/06 VILLEDE TANYA T26W 08/06 10A» 23AM 28/06 30AM 02/07 03/07 06/07 VILLE DE TAURUS A2SW 16/06915 words
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Advertisement50 1998-05-25 37 STEM~fc Dial 740-6000 OR QEfDSnQ mm (Retrieve more schedules!) SldQ Press "1" Select the port and key in STKI the four digit code eg: To New York (NYQ 2275 Key in your fax number I your phone number Another innovative service offered by 1 he document will be Shipping times50 words
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Page 40 Advertisements
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Advertisement915 1998-05-25 40 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 ummmmm TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECTLINE: *****41/43 JE^ICA/CEUA/MEICHAN 7 SLGS/WEEK 2 SLG/WEEK [VESSEL Tvoy r~siN Tjak I vessel voy sin iplb SINAR TIMUR 965 INPT 27/05 (WED) TWADIKA915 words
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Advertisement621 1998-05-25 40 \«mm ENG LEE SHIPPING CO PTE LTD I I ICXA Mi $*****5 It Um| tail *****31/s32*9*o I ttlte IUMtOOOO* I VESSEL VOY SIN ETA SIN ETD DESTINATION Buona Abadi 09/98 26/05 28/05 Papon Rosmaiowofi 10/98 26/05 27/05 Kuolo lungkol Union Star 10 07/98 27/05 28/05 Bfunei/S<p««ong Unggul Joya 07/98 28/05621 words
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Advertisement970 1998-05-25 40 m FAR EAST 29/05 KEELUNG/KAOHSIUNG 31/05 BANGKOK 29/05 MANILA/CEBU 31/05 JAKARWBELAWAN/SURABAYA 31/05 PORT KELANG/PENANG/E. MALAYSIA 29/05 BUSAN 31/05 TOKYO/YOKO/KOBE/NGO/OSA 31/05 HONG KONG SiN CHINA 31/05 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 31/05 LDN/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 31/05 LOS ANGELES/NEW YORK all IPI970 words
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Page 41 Advertisements
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Advertisement1180 1998-05-25 41 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i JI VESSEL VOY I SIN I PtR GOA VIC I LEH ANR I FXT MSC KERRY 9820 3 29 MAY 11 JUN 13 JUN 15 JUN 18 JUN L2JJN 2QJUN N SHARJAH 9821-3 09 JUN 22 JUN 24 JUN OMIT 29 JUN1,180 words
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Advertisement1882 1998-05-25 41 IviW/vgYAg W I ML ft* ~T lehZZl] fygft/vWWI I»l I iff IMP I W ISTWI mawya M [wrp *3! iOOzV-, «7~ J~£ J** '"i HOEOBT EXPRESS 391A10 0245 0105 05.05 0945 2645 01.0* 02.06 0646 04.06 £L2?SL«« ?r2l ooqsmgapore oaeaw iios 1105 iios 1745 trux 0106 09.06 iioo 11.06 HQEOfST1,882 words
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Advertisement568 1998-05-25 42 IL j 11■ 1!■ I ARDMORE 9&02 32 05,-06 10-11*16 TIGER BAY 627N 26-27,05 30-04AJ6 09 10/06 TIGER ISLAND 628N 29-30/05 04 08,06 13-14.t)6 TIGER BRIDGE 629N 01 02/06 07 10,06 15 16,06 TIGER WAVE 630N 05 06.06 11-14,06 19-20/06 TIGER BAY 631N 09 10/06 15-iat)6 23-24/06 IVESSE^^^^VO^^SIJ^^CALSIN| TIGER CREEK568 words
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Advertisement846 1998-05-25 42 FREIGHT LINKS EXPRESS I 62 Toh Guan Road, Singapore *****1 Tel: *****66 (60 Lines) Fax: *****33 E-mail flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE ALEXANDRIA (ALY) BUENOS AIRES(BUE) CEBU (CEB) ISTANBUL (IST) IZMIR (IZM) LAEM CHABANG (LCB) MALTA (MLA) PASIR GUDANG (PGU) SAN ANTONIO (STN) SANTOS (SSZ) ®PLIASI CALL OUR TOLL PRII LINK846 words
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Advertisement1041 1998-05-25 42 OOCL (Sinoopore) Pie Ud CFS Keppel Dishpk 79 Ajhm Road #21-04 (S) *****4 8* 513 #01-128 CI HO **********0H fcb 272 7127 For booking (TJH fcb *****13 Fax 221 3942 fu: 272 712S 'f (D) i; OOCL (Malaysia) Sdn. Bhd. 4 M<fuiry r#j PCTAIING JAYA T«fc 03-75* 77* F.X.-03-7565 3421,041 words
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Page 43 Miscellaneous
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Miscellaneous131 1998-05-25 43 LEGEND R Thunderstorm Temperature o Q >C\ Shower Weather Wind direction with speed in knots Rom w Cloudy Sky Wove Surface winds ore indicated by arrow* which Hy with the wind Q On* u c c represents calm or light and variable winds 1 One half tleche represents 5 knots131 words
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