The Business Times, 28 May 1998

Microfilm: NL21187
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 110/12/97 85C SINGAPORE Internet http://www.asial.com.sg/biztimes THURSDAY, MAY 28, 1998
    13 words
  • Article
    MARKET SUMMARY
    67 1 Qu*&s3 (-17.26) D£5V14.06) r-IBTOOHP kJUILSO (-23.20) niTIBA lioill (-15.70) pP HiIEET MOOD: LUdmi STWX BASKET INDICES Wednesday Change KLSE OOMP fiiU8 -HOC NIKKEI 16,***** S0i3 HANG SENG £983.43 -496.78 SET INDEX 340.12 -1441 JAKARTA OOMP _416J7 -17.W MANILA COMP —2J66.14 -49.16 TAIPEI WH 8,068.17 -110.22 SEOUL OOMP *****
    67 words
  • Article
    FINANCE
    78 1 FORI BATES ust si US$ l.«l £(l!SS/S$ per 1.07 171t DM 1.784 8. Ml YEN 137J 1106* Ml 3.838 0.433 HKS 7.747 0-214 BAHT 3928 0942 RUP1AH 19,470 Mir m st torn wuo PUMB BATES SINGAPORE* 7.83 KUALA LUMPUR 1150 JAKARTA .28.60 BANGKOK 14.76 MANILA 22.90 HONGKONG 1025 taipei
    78 words
  • Article, Illustration
    Hongkong stocks crash 5% on fears of recession
    547 1  -  Tang warns of prolonged and painfnl economic adjustment From. Loh Hui Yin in Hongkong HONGKONG stocks crashed almost 500 points, or 5 per cent, yesterday after the government acknowledged that the economy could be headed for a recession this year, a sharp
    547 words
  • Article, Illustration
    Lock icon Hongkong ponders how to pull out of economic rut
    1342 1  -  SAB, govt faces test in staving off property collapse, handling downturn Proml Loh Hui Yin Qauk Hiang Whai in Hongkong A YEAR after its smooth handover to Chinese rule, Hongkong's economy has gone all soft. The question on many people's minds:
    Source: HK Government  -  1,342 words
  • Article
    Regional stocks lose more ground
    206 1  -  All eyes on Dow, Hang Seng Korean stocks stabilise By R Sivanithy [SINGAPORE] Regional stocks were swept lower for the third straight session yesterday, with Wall Street and the Hongkong bourse replacing Indonesia and Korea as the main factors pushing down prices. The only regional
    206 words
  • Article
    Lock icon Weak profit growth cited for fall in US stocks
    450 1 Barton Biggs warns of impending global bear market Bloomberg [NEW YORKJ Wall Street strategist Barton Biggs has sounded a chilling warning of an impending global bear market as US stocks fell this week over fears of declining corporate earnings. Mr Biggs,
    Bloomberg  -  450 words
  • Article
    Lock icon Dow slides another 106 points by 2pm EDT
    141 1 Bloomberg Reuters [NEW YORK] Wall Street faltered yesterday, following up on its 150-point plunge on Tuesday with a sharp 106.37point fall by 2pm EDT. This took the Dow Jones Industrial Average to 8,857.36 points, but above the earlier session low of 8,820
    Bloomberg; Reuters  -  141 words
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      104 1 mane T#eiß The nature of Singapore's current economic slowdown offers few pumppriming options compared with the 1965 recession, analysts say, P|2 I Afl L. P> Kan w-ik-ul An expected meltdown in the stock market as thousands of workers went on strike in South Korea did not materialise yesterday, Pg 10
      104 words
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      20 1 Hang Seng to fall 37%: strategist, Pg 6 S Korean stocks rise despite strikes, Pg 10 Market reports, Pg 20-24
      20 words
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      22 1 Why HK will recover faster from turmoil, Pg 6 HK*a falling standard of English a concern, Pg 6 il'iMi I If r-
      22 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Cushioning the region's blow
      951 2 EDITORIAL THE announcement of a possible package of "offbudget" measures, to cushion the blow to the Singapore economy from the regional crisis, will surely be welcomed by the business community. There is mounting evidence that the worst is yet to come in the region. The economic
      951 words
    • Article
      Difficult to pump-prime S'pore economy: analysts
      554 2  -  They suggest boosting consumption across-the-board cost cuts By Ven Sreenivasan THE nature of Singapore's current economic slowdown offers fewer pump-priming options compared to the 1965 recession, analysts say. Economists point out that while the 1985 recession was due to a sharp deterioration in Singapore's
      554 words
    • Article, Illustration
      Lock icon Wholesale trade index falls 9.5%
      303 2  -  EYE ON THE ECONOMY Wholesale trade By< Jennifer Lien DRAGGED down by poor sales of textiles and construction-related materials, the domestic wholesale trade index hit negative territory in the first quarter of 1998 with a 9.5 per cent year-on-year drop. This compares with a 5
      Sourer DOS  -  303 words
    • Article
      S'pore unlikely to go into recession soon: S&P
      513 2  -  Local banks among the few in Asia with investment grade By\ Conrad Raj SINGAPORE is unlikely to go into a recession in the near future although the regional crisis and events in Indonesia will have an impact on its economy, says leading
      513 words
    • Article, Illustration
      Lock icon PC shipments to S'pore fall again
      384 2  -  Q1 shipments down 3% for a second straight quarter By, Jennifer Lien CONTINUING a year-long slide, PC shipments to Singapore fell for a second straight quarter in the first three months of 1998, says market research firm IDC. Unit shipments of PCs into the
      Source: IDC  -  384 words
    • Article
      Financial reforms necessary to tap opportunities: DPM
      448 2 S'pore ready to take certain risks for long term change: BG Lee SINGAPORE is prepared to take "a controlled amount of risk" in its push for financial reforms, because to make no changes would be to miss out on many opportunities, Deputy Prime
      448 words
    • Article
      Low prices but no takers
      264 2 COLLIERS Jardine's property auction yesterday fetched no sales, even though prices of the eight lots that went under the hammer were set some 20 per cent below their 1996 highs. Dennis Yeo, Colliers' auctioneer, said the 130 or so people who crammed the Amara Hotel
      264 words
    • NEWS Roundup
      • Article
        Asme in pact to foster foreign ties
        40 2 THE Association of Small and Medium Enterprises (Asme) has signed a pact with Malaysia's Medium and Small Industries Association and Taiwan's China Youth Career Development Association to foster ties between the three countries.
        40 words
      • Article
        Haworth opens furniture showroom
        42 2 OFFICE furniture maker Haworth has opened a 4,500 sq ft sales office and showroom here in Valley Point at River Valley Road. The company, headquartered in Bologna, Italy, has manufacturing facilities in Shanghai, Kuala Lumpur, Baiigkok and Sydney.
        42 words
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      134 2 M MIKIMOTO The Originator of Cultured Pearls Since 1893 C H Tel: *****47,*****43 I I The United States I usss Billion to defuse the I Year 2000 bomb. I 17iT M On Jan 1, 2000, a number of software programs will stop working. How will this affect you? Check if
      134 words
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  • FOCUS: PROPERTY
    • Article
      Ad blitz for Far East's Chinatown project
      164 3 [SINGAPORE] Far East Organization has engaged BBDO Singapore to create an advertising campaign for its new $190 million office and retail project near the Chinatown area. The advertising agent's brief is to attract both the lunch and evening crowd from the central business
      164 words
    • Article
      House Hunt
      792 3 HDB transactions from April 20 to May 15, 1996. TYPE/ POSTAL CONTRACT BULT-M PflKJ PSF LOCATION BSTWCT DATE (SOFT) <S*'00Q (SI) l-Boom (Standard) C'weaith Or *****6 21 -Apr-98 474 74 156 l-Hoow fftnw A) Bt BatoK East Ave 5 *****9 28-Apr-98 807 149 185 ChaiCheeDr *****5 01-May-98 807
      792 words
    • Article
      HDB resale prices falling
      457 3  -  Prices down 7.25% during Ql; buyers paying valuation prices or lower By Abdul Hadhi [SINGAPORE] PRICES of HDB resale flats are still coming off despite a jump In the number of transactions, property agents say. Most buyers are already buying at valuation levels or lower. Adding
      457 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      271 3 Page 3 Corporate Industrial Building In Tampines FOR SALE Land Area Approx. 181,500 sq ft Built-in Approx. 108,000 sq ft Tenure HDB lease 30 +30 years w.e.f. 1989 Excellent condition and corporate identity For more details, please contact Sole Marketing Agent CB Richard Ellis (Pts) Ltd Tel: 224 8181 Purpose
      271 words
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  • INDONESIA IN TRANSITION
    • Article
      Letter from President Ong Teng Cheong...
      122 4 to President BJ Habibie On behalf of the Government and people of Singapore, I am pleased to send you my warmest congratulations on Your Excellency's appointment as President of the Republic of Indonesia. Indonesia faces many challenges, and Your Excellency has been entrusted with
      122 words
    • Article
      Lock icon Indon GDP may shrink by up to 20%
      308 4 Reuters [JAKARTA] THE Indonesian economy could shrink by up to 20 per cent this year in the aftermath of this month's rioting and looting, an economist said yesterday. Mari Pangestu, an economist at the Centre for Strategic and International Studies, told the
      Reuters  -  308 words
    • Article
      IMF to hear views of Indon opposition, union movement
      582 4  -  Asia-Pacific director to meet Habibie as well as Amien Rais, Megawati Fron S N Vasuki in Jakarta THE International Monetary Fund (IMF) is reaching out to Indonesia's fledgling opposition and trade union movement as part of a renewed effort to kick-start
      582 words
    • Article
      Lock icon Clove farmers to get back 1.2t rupiah paid in levies
      291 4 Bloomberg AFP [JAKARTA] Indonesia's clove farmers will get back 1.2 trillion rupiah (*****.6 million) in levies collected by the Clove Marketing Board controlled by the youngest son of former Indonesian president Suharto, officials said. The move is the latest in
      Bloomberg; AFP  -  291 words
    • Article
      Lock icon Jakarta to free 5 more political prisoners
      152 4 AFP (JAKARTA] The new Indonesian government of President BJ Habibie will free five more political prisoners today, Justice Minister Muladi said yesterday. "Tomorrow (Thursday) presidential decrees on the release of five political prisoners will be issued," Mr Muladi said after meeting visiting International
      AFP  -  152 words
    • Article
      Lock icon Gen Prabowo sought to confront Habibie
      130 4 AFP [HONGKONG] An army general accompanied by his troops demanded a meeting with Indonesia's new president shortly after Mr Suharto's resignation in a tense exchange at the presidential palace, says the Far Eastern Economic Review. The report, in today's edition of the magazine, said
      AFP  -  130 words
    • Article, Illustration
      Lock icon Ex-minister forms new party
      294 4 Mien Sngandhi says group will withdraw from ruling Golkar Reuters [JAKARTA] A former Women's Affairs Minister in the Suharto government formed a new political party yesterday, splitting from the ruling Golkar party. Mien Sugandhi, leader of the Conference for Family Values and Mutual Self Help (MKGR),
      Reuters; REUTERS  -  294 words
    • Article
      Lock icon Banking system broadly insolvent: Moody's
      169 4 AFP (JAKARTA] Moody's Investors' Service warned yesterday that Indonesia was faced with "a broadly insolvent banking system", and that high interest rates needed to support the rupiah were wreaking havoc in the corporate sector. The alarm was sounded in the New York-based ratings agency's latest
      AFP  -  169 words
    • Article
      Rupiah remains risky currency: Barclays
      421 4  -  Questions hang over Habibie govt; real GDP could drop by over 20%, bank says From Neil Behrmann in London THE Indonesian rupiah remains a risky currency, despite the formation of a new government in the country, says Barclays Bank. "International market reaction to ex-President Suharto's
      421 words
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      36 4 I Ikongll VP 4 I TRADE ENQUIRIES H LONTACT |«u279o^| Everyone "IIT "m t HWIPiW You Need ug^m f i J Bupmpupi To Know ■■I V I j With One RBI t wmmmn Local CAi |jpj
      36 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon M'sia may slip into stagflation, then recession, warns Daim
      541 5  -  This will happen if tight monetary policy, severe credit crunch persist From\ Ruth Wong in Kuala Lumpur ECONOMIC adviser to the government Daim Zainuddin yesterday warned that Malaysia could slip into stagflation, which in turn could lead to recession, if the
      FILE PHOTO  -  541 words
    • Article
      Daim spells out corporate bailout policy
      437 5  -  Govt will look at national importance, strategic interests and corporate equity From Eddie Toh in Kuala Lumpur ECONOMIC adviser to the Malaysian government Daim Zainuddin yesterday said the government's policy towards the bailout of troubled companies would be based on national importance, strategic interests
      437 words
    • Article
      Lock icon KL won't abandon infrastructure projects
      225 5 TORONTO Bernama MALAYSIA wUI not abandon ongoing infrastructure projects because the government is committed towards the completion of those projects, Deputy Prime Minister Anwar Ibrahim said yesterday. He told Canadian financiers and businessmen at a luncheon here that the country's strategic infrastructure projects must go
      Bernama  -  225 words
    • Article
      Lock icon Ringgit seen falling to 4.60 to US$ on weak yen, yuan fears
      540 5 KUALA LUMPUR Bat other analysts expect it to stay at over'W AFx-Asia THE ringglt may slide as low as 4.60 to the US dollar this year as a weakening of the yen and the risk of a devaluation
      AFx-Asia  -  540 words
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      61 5 < i >.' < •> limn 11 I<t<• I \II I IK' "ll( l», i. .lII\Ih I t I I I I.« 1 (I\.t| t I U I HHi i i n^Jr|d^ d i (j i I .i I I'i'» I f I A%I I I 1111 I. ..»..w,,.„M'uU, h
      61 words
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  • HONGKONG: HARD TIMES AHEAD
    • Article
      Why HK will recover faster from turmoil
      642 6  -  Hongkongers cite factors such as double-quick response to changes and bigger pool of nimble companies Froml Loh Hui Yin Quak Hiang Whai [HONGKONG] Hongkong will pull out faster from the regional economic slump than Singapore, analysts and business leaders here say. Unlike Singapore,
      642 words
    • Article, Illustration
      Lock icon Hang Seng to fall 37%: strategist
      287 6 Bloomberg [HONGKONG] Hongkong's benchmark Hang Seng Index will tumble 37 per cent to 6,000 as the territory defends its pegged currency and interest rates surge, according to Independent Strategy. The London-based firm, headed by former Morgan Stanley Dean Witter Co strategist David Roche, didn't
      Bloomberg; REUTERS  -  287 words
    • Article, Illustration
      Lock icon Yuan stability will be maintained: Chinese minister
      488 6 This is despite economy being under 'enormous pressure' Bloomberg 1 WASHINGTON] China is committed to maintaining the value of the yuan, Finance Minister Xiang Huaicheng said on Tuesday, even though China's economy "has come under enormous pressure" because of the Asian economic crisis.
      Bloomberg; REUTERS  -  488 words
    • Article
      HK's falling standard of English a concern
      593 6  -  Businesses fear it may affect HE'S status as China's financial hub From Loh Hui Yin Quak Hiang Whai [HONGKONG] While Hongkong may boast of many strengths, the language skills of its citizens have deteriorated, particularly competence in English. The issue of language skills
      593 words
    • Article
      What they say
      331 6 "The artificial level created by the peg is the biggest source of all the economic problems. lam not advocating they drop the peg. But lam against the level of the peg. It should be repegged at 10. If you repeg at 10, then the economy can recover."
      331 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Clinton to go ahead with next month's China trip
      622 7 WASHINGTON Rejecting calls to cancel visit, he cites Bering's advances on human rights, curbs on arms exports NYT AFP DEFENDING the success of Washington's "partnership" with China, US President Bill Clinton said on Tuesday that he would go ahead with his
      NYT; AFP  -  622 words
    • Article, Illustration
      When US politics tangles with Chinese nepotism
      681 7  -  CBDriVITGB Ponding row shows Jiang noods to do hoime-clew ntng By Lu Ning THE claim by a Taiwanese-American businessman, Johnny Chung, that he funnelled money to the US Democratic Party from an executive of China Aerospace has created such a firestorm in Washington
      681 words
    • Article, Illustration
      Lock icon Shanghai goes cosmopolitan
      45 7 [SHANGHAI] Two Chinese ladies enjoying their lunch at the Park 97restaurant here on Monday. After years of communist-imposed insularity, Shanghai is regaining the cosmopolitan atmosphere which once earned it the title "Paris of the Eastand western restaurants are leading the way. AFP
      AFP  -  45 words
    • Article
      Lock icon Exclude Taiwan in defence zone: China
      130 7 TOKYO AFP CHINA demanded yesterday that Japan exclude Taiwan and its strait from the zone covered by strengthened USJapan defence guidelines. Chinese ambassador to Japan Xu Dunxin met Taku Yamasaki, a senior policy-mak-er of the ruling Liberal Democratic Party (LDP), at the party's headquarters
      AFP  -  130 words
    • Article
      China affirms support for Suzhou park
      274 7  -  SINGAPORE Chinese confident of overcoming impact of Asian crisis: Zhn By Lu Ning CHINESE Premier Zhu Rongji has reiterated the Chinese government's full commitment to the success of the Suzhou Industrial Park. The pledge of support was made to Singapore's Deputy Prime Minister Tony
      274 words
    • Article
      Lock icon China will meet 8% growth target: officials
      252 7 BEIJING AFP A PICKUP in domestic investment in coming months will counter falling export and foreign investment growth, enabling China to meet its target of 8 per cent economic growth this year, officials said yesterday. Fixed asset investment has grown by 15.3 per
      AFP  -  252 words
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      53 words
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      89 7 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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      105 7 1 T f. v Are you sitting comfortably? (You must be in Emirates* Buelness Class.) i> *1* > I I IV IBr MH r X Ml IMI \mm Ia 3&V' V 1 |k I ft jk*t Iflrf Comfortable? Our Boeing 777s boast one of the most advanced seats in the
      105 words
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      115 8 Miniiiißiiiß ■HMfmllH HHHH ■||JllWl|Kjlllll^P 20,000 tests in 3,030 locations islandwide by an independent and international group provide conclusive and irrefutable proof that Sing Tel Mobile gives you the best GSM coverage. Aisofattfy Cowfiwl/ The comprehensive tests conducted in March 1998 by MSI Software Engineering Pte Ltd -an j iVTVfcI independent
      115 words
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  • ASIA
    • Article
      Lock icon Rupee hits new low as World Bank delays loans
      405 9 BOMBAY USsBo6m held back as part of sanctions in response to India's nuclear tests Bloomberg THE rupee fell to a new low against the dollar after the World Bank delayed loans to India, lowering the potential supply of dollars to the
      Bloomberg  -  405 words
    • Article
      Lock icon Central bank chief says NZ won't be next turmoil victim
      315 9 WELLINGTON He rebnts reports of similarities with worst-hit nations Bloomberg NEW ZEALAND'S central bank governor Don Brash said the country won't be the next victim of Asia's turmoil, even though it has a "large" current account deficit. "The suggestion that
      Bloomberg  -  315 words
    • Article
      Lock icon Westpac leading index points to Aussie slowdown
      244 9 SYDNEY Bloomberg THE Australian economy is set to slow in the next six to nine months, according to the Westpac Banking leading index of economic activity. The annualised growth rate of the leading index rose to 3.2 per cent in March, from 3.1
      Bloomberg  -  244 words
    • Article
      Pick Hanson over Labor: Howard
      220 10 SYDNEY AUSTRALIA'S Prime Minister John Howard advised voters yesterday to reject Pauline Hanson's One Nation party in Queensland's state poll, while his own party decided to give her an electoral boost. Mr Howard said the antiAsia MP's party drew on public discontent with mainstream politics
      220 words
    • Article, Illustration
      Lock icon S Korean stocks rise despite strikes
      487 10  -  Expected meltdown didn't materialise but continued volatility seen By, Jennifer Veale in Seoul AN EXPECTED meltdown in the stock market as thousands of workers went on strike in South Korea did not materialise yesterday but analysts still see a volatile future for the battered
      REUTERS  -  487 words
    • Article
      Lock icon Moody's cuts ratings of five top Japanese banks
      152 10 ■TOKYO AFP US ratings agency Moody's Investors Service yesterday issued a tough warning over Japanese banking, cutting credit ratings for five top banks and putting four others on a downgrade review. Moody's warned that Japanese banks face "a third wave of asset
      AFP  -  152 words
    • Article
      Lock icon Japan bank to lend 130b yen to S Korea
      98 10 TOKYO AFP THE Export-Import Bank of Japan said yesterday it will lend 130 billion yen (511.6 billion) to South Korea to support the country's economic recovery. The loan is designed to facilitate imports of industrial materials and parts from Japan and
      AFP  -  98 words
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      375 9 i 0 f I V g IT) Just one of tke great benefits from Dmiklg Options you'll warm to tkis summer. When you stay at Inter-Continental Hotels or Resorts in Asia Pacific tkis summer we promise you'll enjoy it twice as muck as last year. Because not only are we
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      486 10 Howard hopes to sell his new tax plan, Pg 12 Auction Swiss based group opens its program for Asean. Custodians Superintendence and Trustees Company SA Custodians Art/Wealth Assets, Superintendence Copyright, Trustees of Intellectual Property IMPORTANT EXTRAORDINARY (RESTRICTED) AUCTION© HIGH INTERNATIONAL EXCELLENCE LEVELS including unique superb and rare categorized examples rarely
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      1402 10 I Scotiabank THE BANK OF NOVA SCOTIA Note: Al figure quoted in Caravan dolors (mifcons) I H (Incorporated in Canada with Limited Liability) I CONSOLIDATE D SALANCE SHEET CONSOUDATED STATEMENT OF INCOME I at October 31 For It* financial year «n4*d October 31 ASSETS 1997 1996 MEREST MCOME 1997 1996
      1,402 words
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  • THE WORLD
    • Article
      Lock icon Clinton expects US$39b budget surplus this year
      557 11 WASHINGTON This will be biggest surplus in US history, he says in mid-term review Bloomberg PRESIDENT Bill Clinton said the US is headed for a US$39 billion (5564.7 billion) federal budget surplus this year, making it the "largest surplus in dollar terms in
      Bloomberg  -  557 words
    • Article
      Lock icon Russia triples interest rates to defend rouble
      510 11 MOSCOW Reuters RUSSIA tripled interest rates to 150 per cent yesterday in a desperate attempt to give panicking markets a cold shower and control a budgetsqueezing economic crisis that threatens the rouble. "That's it," said David McWilliams, a debt strategist at BNP bank
      Reuters  -  510 words
    • Article, Illustration
      Lock icon Tony's Teddy
      55 11 [LONDON] British Prime Minister Tony Blair's teddy bear is leaving home... temporarily at least. Lynton, the teddy bear, was parked outside his world famous 10 Downing Street home before leaving for Stratford-upon-Avon where he will spend the summer as guest of honour at the Teddy Bear's Museum's 10th
      AFP  -  55 words
    • Article
      Lock icon Faster growth in NY business activity in May
      230 11 NEW YORK Area's purchasing managers index rises after a fall in April Bloomberg BUSINESS activity in the New York area grew at a faster pace this month as manufacturing and services strengthened, a survey of area service and factory executives showed. The
      Bloomberg  -  230 words
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      44 11 VOLVO HH| a (NOW FROM JUST $179,000, WITH jDBQE^iifoNYOURU^EDCA^ The Volvo S7O V7O now come improved specifications: driver passenger airbags, SIPS airbag, anc l much more. other words, you get great for money. Ca us to< a Y at to secure yours today. apply.
      44 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Biotech could be Singapore's next winner
      709 12  -  TBS BOTTOKLDrB OPINION By Raju Chellam The author is a BT correspondent NOW that information technology has become a mature sector with welldefined sub-categories, the next major sunrise segment that both companies and countries are betting on is biotechnology. And Singapore seems to be
      709 words
    • Article
      IN OTHER WORDS
      118 12 'We have Windows 95 and the Microsoft Office suite.' -Dennis Yacce US attorney general, with a rueful chuckle as his team prepared the final draft of the multistate lawsuit accusing Mlcrosqft Corp of monopolistic, antl-competUlve behaviour. 'Do you want to get rich? To afford a mistress? To
      118 words
    • Article, Illustration
      Lock icon Howard plans new tax with election in mind
      1022 12  -  Australian PM needs Queensland state election out of the way before he can sell idea of a GST By\ Peter Lynch The writer is a Sydney-based Journalist who contributes to BT AS Australian Prime Minister John Howard wrestles with the date of
      FILE PHOTO  -  1,022 words
    • Article
      Lock icon Don't confuse markets with corrupt regimes
      763 12  -  By' Thomas Friedman The writer is a New York Times columnist NYT IT IS hard to pick up a newspaper these days without finding some expert proposing controls on the huge flows of capital and Investments in today's global economy. The argument usually goes
      NYT  -  763 words
    • Article
      WHAT THE OTHERS SAY
      899 12 fMßtOßiiifenipipolloy US VIEWS and desires, no matter how well-founded, do not carry special weight anymore. a reality that Washington finds hard to grasp. Military clout alone is Insufficient. President Bill Clinton may be ill-served by his top advisers, or he might not listen to them, but
      899 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
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      52 words
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      Page 13 Advertisements Column 2
      91 13 m^mKnmmß^M j DONT YOU WANT A BETTER VIEW? THERE'S MORE TO SEE AT c ncptune 7th Boon Ovtrscas Union Hows*, CoUycr Qtu* Singapore *****1. W. 224 3V22/224 3203 Fjc 223 4«5 12 Feb to 30 June Enjoy a Buffet meal in our Phoenix Garden Cafe and you could be our
      91 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      786 13 TV&RAPIO p. I, i« 4.00 News 5 Today Followed SJO Tilt 23 1/2. By Afternoon At The 538 Maison Ikkoku. 230 PM TV Innovations. Movies (cont'd). I 4.00 Kidz Blitz: Space 5.00 NewssToday Followed rrtmmU £°?f s By She-Ra Princess of 9.00 AM TV Shopping Net--4.30 Dr Xargle. Power. work.
      786 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      322 13 CRYPTIC CROSSWORD across hp i P{ h I 1 Go outside with a chap for an LnJ unknown quantity of cold I I j j i j 9 Trying to find the tin opener for fish which needs cooking j 11 Manchester graduate ished accommodation for h3 I I I
      322 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Care to fork out US$8m for a car?
      515 14  -  An English lord has advertised to sell 'world's most expensive car' By" Christopher Tan SAY you had money coming out of your ears, would you fork out US$B million (5513.2 million) for a car? Well, someone in England is hoping you would.
      515 words
    • Article, Illustration
      A quantum leap in car histoiy
      417 14  -  The assembly process of Rolls-Royces and Bentleys has been brought right up to date, says Christopher tam CHRISTOPHER TAN THIS is where the world's most prestigious cars are made. It doesn't look much different from any other car assembly line, but to Rolls-Royce Motor
      417 words
    • Article, Illustration
      A Bentley with Le Mans links
      228 14 BEHOLD the Bentley Arnage, named after a bend on the Le Mans circuit where W O Bentley cars enjoyed victory on five separate occasions. One of the most spectacular of these wins was the 1928 race where Tim Birkin continued, having cut away a
      228 words
    • Article, Illustration
      Lock icon Hingis, Williams stay on collision course
      601 14 FRENCH OPEN M&rcelo Rios sweeps into third round after rain break AFP Reuters [PARIS] World No 1 Martina Hingis and hard-hitting American rival Venus Williams stayed on a collision course at the French Open here, while title favourite Marcelo Rios shrugged off an hour-long
      AFP; Reuters  -  601 words
    • BUMPER to BUMPER
      • Article
        Buy one Renault, get one carat
        69 14 RENAULT distributor Exkluaiv Auto is dangling a carat to woo buyers. Yes, a one-carat "good quality" diamond will be given to the first 100 buyers in Renault's centenary celebrations (the French manufacturer turns 100 this year). Worth about $10,000 per stone, the cost of
        69 words
      • Article
        Ferrari posts 37.8b lira pro-tax profit
        124 14 AS GOOD as red looks on a Ferrari, shareholdsrs of the Italian company would rather see Mack. And they most have been pleased with its 1907 performance. Ferrari BpA posted a pre-tax profit of 37A billion lira (S9BSJ mimon), upfromtf billion lira previously—a rise
        124 words
      • Article, Illustration
        More MaciCabs soon
        60 14 TRANSPORT operator City Cab looks set to pat more Mercedes-Benz seven-sea ters on the road. Called MaxiCabs (above). 20 to 26 more of the oversized Mors, based on the Vito van model will come on-stream soon. BT understands this is to cope with the demand for the
        60 words
      • Article
        Japan's vehicle rental and leasing soar
        62 14 THE vehicle rental and leasing market in Japan has grown by leaps and bounds in recent years. Last year, 2.03 million units of the total 6.73 million new registrations—or one-third—wore either rented or leased. The number was a mere 213,930 units bade in 1988,
        62 words
      • Article
        Weaker yen does not mean cheaper cars
        68 14 THE Japanese yen is currently hovering around its seven-year low of 137 against the greenback, some 6 per cent weaker than a month ago. It would be presumptuous to expect prices of Japanese cars to come off in tandem. Because if past experience
        68 words
      • Article
        Emas working well
        74 14  -  Christopher Tan EMAS, the expressway monitoring and advisory system, is apparently working well, according to the Land Transport Authority. For one thing, it is quick in detecting and clearing incidents along the expressways. The LTA said on average, Emas shaves 14 minutes off each Incident, compared with
        74 words
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      Page 14 Advertisements Column 1
      74 14 ON MAY *****8! C7T« cfietit Salut French Cafe Patisserie Authentic French food, pastries and desserts served in a delightful garden theme cafe for cheerful alfresco dining both day and night. Come, savour the flavours and spirit of France at Au Petit Salut! BREAKFAST LUNCH DINNER Open daily for dinc-m or
      74 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      186 14 'I'liU WEATHER Singapore Fair. Temperature (33/28 C) Aate-PaoMo Vt/Wf OuwL .Jerunian 16/31 doudy Stockhota 7/11 cloudy Auckland *11 dear Mecca 2V38 dear Vwma 11/14 doudv Rnngkflfc »T4 showers Zurich I<V« shown* Bap* 14/24 doudv Daipa WHf* Onl Bombay 28/34 Mr Amsterdam 11/17 *owers rtwaalna Lo/Hl* Good. Bnabnne 11/» doudy Athens
      186 words
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  • COMPANIES & MARKETS
    • Article
      Proactive shareholder culture takes time to evolve
      525 15  -  CORPORATE FINANCE RECOMMENDATIONS Institutions cite obstacles snch as shareholding structure, bad disclosure habits By' Wong Wei Kong [SINGAPORE] The transition from a passive to proactive shareholder culture in Singapore will take time, institutional investors said yesterday. They cited the shareholding structure of many
      525 words
    • Article, Illustration
      Lock icon SingLand may lay off some staff
      269 15  -  By: David Boey [SINGAPORE] Property developer Singapore Land yesterday said it may retrench some staff as part of its streamlining and cost-saving efforts. The company, which was responding to a BT query, added that "the exact numbers are not yet finalised". Market-watchers said the
      FILE PHOTO  -  269 words
    • Article
      C P Pokphand needs to sell merit of its agri-business
      701 15  -  HOCK LOCK SIEW Loh Hui Yin IN RAPID succession, the giant Charoen Pokphand (CP) group of Thailand has been selling its assets just so that it can keep its profitable agribusiness afloat. Within a month, it has raised about US$223
      701 words
    • Article
      Creative leads electronics in fall
      452 15  -  FORBGN FUNDS SELL DOWN Analysts cite slowing US new orders for components By* Annette Pan [SINGAPORE] Electronics stocks fell sharply yesterday, crowding the list of top 20 losers with Creative Technology leading the way. Brokers and analysts gave two reasons for the selldown: US jitters
      452 words
    • Article
      Bank stocks fall on economic concerns
      294 15  -  By\ Siow Li Sen [SINGAPORE] After rallying last week, bank stocks have been falling the last two days as concerns over the economy took centrestage again. An executive of ratings agency Standard Poor's yesterday said that while the regional crisis would affect the profitability
      294 words
    • COMPANIES
      • Article
        Lock icon Mingly, Sing Tao shares suspended
        168 16 Bloomberg [HONGKONG] Sing Tao Holdings Ltd, Culturecom Holdings Ltd, and Mingly Corp Ltd shares were all suspended in Hongkong yesterday morning pending an announcement. Sing Tao and Mingly Corp executives weren't available for comment on yesterday's announcement. Last week. Sing Tao said chairwoman Sally Aw
        Bloomberg  -  168 words
      • Article
        Vicom net earnings up 41% to $2.9m
        434 16  -  Higher vehicle inspection fees boost turnover at Comfort-linked firm Byi Christopher Tan [SINGAPORE) Vehicle inspector Vicom Ltd yesterday reported what has become a rarity among corporate results a rise in profits. The Comfort-linked group posted a 41 per cent increase in net earnings
        434 words
      • Article
        What hedge funds really are
        322 16  -  LETTER TO THE EDITOR Aaron Gay Manager, AiC Worldwide's Global Hedge Fund Congress Hongkong I REFER to your Hock Lock Siew column on hedge funds (BT, May 26). f Despite the attempt to change perceptions, your article continues to perpetuate many of the myths of
        322 words
      • Article
        Changes in MSCI S'pore index
        315 16 SlA's weighting np; Van der Horst, Goldtron removed [SINGAPORE] Morgan Stanley Capital International (MSCI) yesterday announced its quarterly adjustments to its Singapore Free Index, among which were a rise in the weighting for Singapore Airlines and the dropping of Goldtron and Van der Horst from
        315 words
      • Article
        ST unit sees growth from own brand monitors
        334 16 Display products maker Singapore Technologies Electronics Systems and Assembly (Stesa) expects revenues to grow 20 per cent to about $120 million this year and $130 million in 1999, by making 17-inch, 19-inch and eventually 21-inch monitors under its own brand. A wholly-owned
        334 words
      • COMPANY Briefs
        • Article
          Lock icon Ong Beng Seng buys HPL shares
          86 16 AFX-Asia [SINGAPORE] Hotel Properties Ltd managing director Ong Beng Seng has bought 500,000 shares in the company at 60.67 cents each. The move follows the fall in HPL shares to a low of 55 cents on Monday amid rumours that Mr Ong was ill.
          AFX-Asia  -  86 words
        • Article
          NatSteel director retires
          20 16 [SINGAPORE] Nat Steel director Goh Eng Chew has retired from the board after 12 years of service.
          20 words
        • Article
          Inter-Roller wins SATS contract
          41 16 [SINGAPORE) Inter-Roller Engineering and its Japanese partner Murata Machinery won a $16 million contract from Singapore Airlines unit SATS Catering. They will design, make and install a fully-automated material handling system for SATS' new inflight catering centre.
          41 words
        • Article
          Lock icon Siam Cement net up sharply to 24b baht
          66 16 Bridge News [BANGKOK] Siam Cement posted net profit of 24.3 billion baht (Ssl billion) in the first quarter, up dramatically from 1.9 billion baht a year ago. It attributed the sharp hike to foreign exchange gains made by companies in the group
          Bridge News  -  66 words
        • Article
          Lock icon Aokam unit resists winding up
          62 16 AFX-Asia [KUALA LUMPUR] Pembangunan Papan Lapis (Sabah) Sdn Bhd. a unit of Aokam Perdana Bhd, has obtained a High Court order restraining its creditors from serving further winding-up petitions. Pembangunan was served a winding-up petition by HBF Adhesive (Malaysia) Sdn Bhd (m April 27 for
          AFX-Asia  -  62 words
        • Article
          Lock icon New CEO to help revive Crown casino
          56 16 Bloomberg [MELBOURNE] Crown Ltd named Robert E Riley as chief executive to help revive the loss-making Crown casino in Melbourne and take the day-to-day reins from executive chairman Lloyd Williams. Mr Riley, chief executive of Hongkong hotelier Mandarin Oriental International for the past
          Bloomberg  -  56 words
    • INTERNATIONAL COMPANIES
      • Article
        Euro seen boosting European bond and equity markets
        546 17  -  Assessment made by Hongkongß&nk experts at seminar on EMU By. Louis Beckerling (SINGAPORE] European bond and equity markets will get a boost when the so-called "EU 11" adopt a single currency from Jan 1 next year. That was the assessment of a
        546 words
      • Article, Illustration
        Lock icon Oracle may sue Microsoft over competition
        297 17 Bloomberg [CAMBRIDGE, Massachusetts] Oracle Corp chairman Lawrence Ellison said his firm is considering suing Microsoft Corp if it determines Microsoft is harming its effort to sell database software. Microsoft's practice of giving a discount when companies buy both its Windows NT operating system and
        Bloomberg  -  297 words
      • Article
        Lock icon Netscape's Q2 profit plunges on lost browser revenue
        292 17 US$B,OOO profit; firm straggling against Microsoft, IBM in corporate software market Bloomberg [MOUNTAIN VIEW, California] Netscape Communications Corp's fiscal secondquarter profit plunged, as sales of its corporate software failed to make up for lost revenue from its Internet browser. The Internet software
        Bloomberg  -  292 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Roslyn Bancorp to buy TR Financial for US$920m
        422 18 Move will create fourth-largest thrift in New York state with USsBb in assets Bloomberg [ROSLYN, New York] Roslyn Bancorp, a suburban New York thrift, has agreed to buy local rival T R Financial Corp for U*****.4 million (Ssl.s billion) in stock, more
        Bloomberg  -  422 words
      • Article
        Lock icon Colonial buys fund manager, insurer
        268 18 Bloomberg [MELBOURNE] Colonial Ltd said yesterday it bought fund manager and insurer Legal General Australia Ltd for AsB92 million (*****.7 million) from Legal General Group pic. Colonial, a Melbournebased insurer and financial services company, said it intends to fund the purchase through the sale of
        Bloomberg  -  268 words
      • Article
        Lock icon Chuo Trust to sell HSBC trusts in Japan
        145 18 Bloomberg [TOKYO] Chuo Trust Banking Co will sell investment trusts managed by HSBC, the UK financial services group, as part of a non-exclusive arrangement between the two companies, the companies said yesterday. HSBC will set up and invest the funds. Chuo Trust
        Bloomberg  -  145 words
      • Article
        Nomura hires two ex-DMG staff for new equities unit
        263 18  -  By: David Boey [SINGAPORE] Nomura Securities has hired two former Deutsche Morgan Grenfell (DMG) analysts to help it establish and operate its new Asian equities unit. The recruitment of these analysts, who will join Nomura Securities in July and August, is
        263 words
      • Article
        Lock icon Moody's downgrade hits Euroyen, JGBs
        217 18 SSMESLReport Reuters [SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures made a Uturn yesterday as a downgrade of five major Japanese banks by Moody's Investor Services sparked concerns about higher funding costs. Dealers said the Moody's news dampened the JGB market's recent bull run
        Reuters  -  217 words
      • Article
        Open interest for futures at record high
        185 18  -  MSCITAIWAM FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore [SINGAPORE] Open interest for the Simex MSCI Taiwan Stock Index futures hit a record high of 24,338 contracts as on Tuesday. The previous record was 23,918 contracts on April 28,1998. Futures prices dropped
        185 words
      • Article
        Lock icon Oil flat ahead of inventory report
        257 18 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed as traders waited to see whether a weekly industry report would show another big rise in inventories. Last week's report from the American Petroleum Institute showed a greater-than-expected 8.79 million-barrel rise in crude oil
        Bloomberg  -  257 words
      • Article
        Lock icon CURRENCY REPORT
        295 18 AFX-Asia AFP THE dollar soared against the mark in late afternoon trade as a combination of an ongoing financial crisis in Russia and an unwinding of options deals hit the German currency, dealers said. They said the dollar broke through several levels at around 2:50 pm, shortly after
        AFX-Asia; AFP  -  295 words
      • Article, Illustration
        Untitled
        1178 18 DfTHEBAMK 0068 KATBB May 27 A$ C$ Kt ICU Fir M W Y« I8SNH» N» SS fi Sir WTS Mt MM «S> Amtrdb 0.900 4178 0-554 1(99 1091 4791 *****64,752 4852 U39 2273 1164 ******407* 1027 3.10 490*********** 63ft CUM Cm* UR 5.704 0.615 4.065 128 1322 28.337 ***** 0.947
        1,178 words
    • Article
      COMMODITY PRICES
      1772 19 SfOOMFPTOBBS May 27 RUBBER (Mmsctosta««atSJOp*) RS51 CONTRACTU cMti/kg) Clo»o Vofcim* Opon Month MqA Low Sott (towns) IntKost JSTM 1 127.00 1 650 Jul 98 127.00 <27.00 127.25 200 1565 Aug 98 127.25 127.25 127.50 150 2365 S«p 98 129.00 128.75 128.75 750 1265 Oct/OK 98 133.50 4725 Jan/Mar
      1,772 words
    • Article
      WORLD STOCK MARKETS
      2175 19 LONDON MwtfMs Nay v Mn 31 Group 625.000 -18.000 AB Ports 355.400 -0.600 At*ay National >064.000 26.000 AKad Domacq 606.000 -7.000 Amoc 190.000 tOOO Asda Group 185.200 -3.800 BAT Ind 556.000 -13.000 BG Pic 325.600 -12.400 rnrr 167.000 -4.000 BOC Group 958.000 -12.000 8ft Prtrotoum 922.400 -7.000
      2,175 words
    • Article
      Lock icon TOKYO
      1620 19 Bloomberg Q Nikkei 225 -*****3 JAPANESE stocks took their worst tumble in three weeks as labour unrest in South Korea heightened concern Asian regional turmoil will exacerbate banks' burden of problem loans. "Banks are getting hit by Asia again," said Yoshio Inamura, an assistant general manager at Tokyo-Mitsubishi Asset
      Bloomberg  -  1,620 words
    • Article, Illustration
      Lock icon HONGKONG
      1519 20 Reuters U Hang Seng -498.78 STOCKS were hammered to a sharply lower close yesterday as investors fretted about the local economy after Hongkong leader Tung Chee-hwa warned of negative growth in the territory, brokers said. The Hang Seng Index dived 498.78 points, or 5.26 per cent, to 8,983.43, its
      Reuters  -  1,519 words
    • Article, Illustration
      Lock icon CHINA
      585 20 Reuters PI Shenzhen B Index +Ll4 CHINA'S B shares closed mixed yesterday with Shanghai's B Share Index falling due to a plunge in the Hongkong stock market, brokers said. In Shenzhen, the B Share Index ended higher due to domestic buying based on persistent hopes that Beijing would soon
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  585 words
    • Article
      Lock icon TAIPEI
      375 20 Bloomberg □wp Index -***** TAIWAN stocks tumbled for a third day, driving the benchmark index to its lowest close in two weeks, in a knee-jerk reaction to the biggest drop in US stocks since January. The Weighted Price Index fell 110.22, or 1.35 per cent, to 8,068.17, echoing a
      Bloomberg  -  375 words
    • Article, Illustration
      Lock icon JAKARTA
      690 20 AFP Q Composite Index -17.01 INDONESIAN stocks plunged 3.9 per cent yesterday led by falls in blue chip stocks on political jitters which continue to plague new President Habibie's government, dealers said. "Foreign investors just do not feel safe here. They are concerned that the situation could get worse,"
      AFP  -  690 words
    • Article, Illustration
      Lock icon BANGKOK
      793 20 AFP Q SET Index -14.42 THAI shares slumped 4.1 per cent at the close yesterday, just off a record closing low as selling on regional markets scuttled local sentiment. Analysts said foreign investors seemed to desert local stocks following falls in New York and Hongkong and a negative report
      AFP  -  793 words
    • Article
      Lock icon MANILA
      289 20 AFP QHanili -4SJ6 PHILIPPINE share prices closed 2.3 per cent lower yesterday, weighed down by declines in overseas markets. The Philippine Stock Exchange Composite Index fell 49.16 points to 2,060.14. Volume rose to 678 million shares worth 1.013 million pesos. Philippine Long Distance Telephone Co fell 25 pesos to
      AFP  -  289 words
    • Article
      Lock icon SEOUL
      408 20 AFP rlCompogtaladei *L 49 SOUTH Korean share prices closed slightly higher yesterday on a technical rebound after plunging to 11-year lows in the past two days on worries over labour unrest, dealers said. "As the composite index dipped close to 300 points, retail investors revived bar-gain-hunting in the face
      AFP  -  408 words
    • Article
      Lock icon SYDNEY
      575 20 AFP Q&DOriiuriM -47.7 AUSTRALIAN share prices tumbled 1.7 per cent yesterday in line with New York's sharp drop overnight and a softer gold price. The All Ordinaries Index fell 47.7 points to 2,687.0. The All Industrials Index slid 74.9 points to 4,665.7 while the All Resources Index shed 27.1
      AFP  -  575 words
    • Article
      Lock icon WELLINGTON
      245 20 AFP kl Wellington -18.07 THE New Zealand stock market fell 0.8 per cent yesterday in a US-inspired drop, but lower interest rates pared down losses. The NZSE-40 Index lost 18.07 points to 2,222.03 on turnover of NZ575.6 million. Telecom Corp shares closed two cents weaker at NZ$B.65. —AFP ttmn
      AFP  -  245 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8529 21 INDUSTRIALS 1998 Last Day Nat Cap High Law Company Sal* OOO High Low P/I Jmll 310 180 Ajinomoto 235 unch 13.0 95.3 148 65 Angkasa 71 unch 37 71 70 1.6 104.7 290 123 Apollo Food Hlg 160 unch 10 160 140 4.7 64.0 388 190 Berjaya Land 244 -2
        8,529 words
      • Article, Illustration
        Lock icon Shares fall after Daim warning
        413 21 AFP C 3 Composite Index -9.00 SHARES in Malaysia closed 1.6 per cent lower yesterday after government economic adviser Daim Zainuddin warned that a rapid slowdown in lending could plunge the economy into a recession. Dealers said selling on trading settlements along with weak regional
        AFP  -  413 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3468 22 MHOS, LOANS ft WARRANTS W* 1*98 Last Vol Day L»»t Quota MU|h Law Stno Company Sal* *Of- COOO) High Low Buyor Salla* Prtca 23.5 9 m 3000 mAMD8c5.5******6 12.5 12 20.5 8 3160 "Acor ******1 USS 8 7.5 10 95 8.5 3164 Acma ******4 16 -1 21 16 16 15
        3,468 words
      • Article
        San Teh Wrt 2000 has better gearing
        184 22  -  WARRANT WATCH -By R Sivanithy RUBBER keypad maker San Teh have two warrants in issue, both of which have time on their side. Since the shares have collapsed from their 52-week high of 91 cents to their current 38 cents, a look at
        184 words
    • Article
      CLOB INTERNATIONAL
      2398 22 Transaction date IVl.ty 27 j MALAYSIAN STOCKS Cr Gr 1998 Last Vo4 Day Last Quoit Ml Oh YN Ml M Cap Htgh Law Stna Campany Sat* COOP) High L— Bwyar SaWar Cvf P/t 5«W« 135 28 m 5000 AIS8 50c 36 -2 83 57 56 55.5 56 5.0
      2,398 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6586 23 Transaction date: Ma\ 27 0 f 0 r M Wt 1998 Last Vol Day Last Quota Dlv Dlv VM Mat Cap Avq Hmi Low StNo Company Sate COOO) High Low Buyor SoMor C vr */t >m« INDUSTRIALS 43 16.5 e 1020 ACE Dynamics60c... 18.5
      6,586 words
    • Article
      SESDAQ
      1162 23 6r er M urt 199a Last Vol Day LMt Owti (Nv Ofcr YM Not Cap Avg MM. Low »tw» Comp—y UH COOOI L— lifir SO Pw Wl 11 WW 134 80 2000 ABB Hktqi 5c 82 80 92 40.0 82 243 76 a 2049 AS Auto 10c 122 -4
      1,162 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        225 24 Stocks Volume SingTel 15c 5,928,000 OSS Land 4,820,000 HK Land USIOc 4,466,000 •Renonq Bhd 50c 3,738,000 *Rekapacific Bh 3,373,000 •M Resources 3,179,000 •RHB Cap Wt99 3,011,000 Hotel Prop 2,893,000 JSH US5c 500 2,547,000 City Dev 50c 2,223.000 Stacks SingTel 15c 14,124,900 City Dew 50c 13,477,082 DBS Land 9,891,006 DBS Foreign
        225 words
      • Article, Illustration
        HOT STOCK
        71 24  -  -by Shiv Taneja SUNRIGHT Ltd closed five-and-a-half cents lower yesterday at 70 cents on a volume of 1.37 million shares, compared with its 10-day traded average of 766,600 shares. The stock is trading at its two-and-a-half-year low. The daily and weekly RSI and stochastics are heavily oversold, but
        71 words
      • Article, Illustration
        Market hit again – this time by Wall Street's 1.7% fall
        662 24  - Market hit again this time by Wall Street's 1.7% fall STOCK MARKET COMMBMTAKY All sectors dragged lower as investors prepare for more pressure today; mood not helped by fall in June S&P 500 futures contract By R Sivanithy [SINGAPORE] The US replaced Indonesia and Korea as the main market of
        662 words
      • ON THE GRAPEVINE
        • Article
          HK: business as before
          102 24 "SAME after the rain". That's what the Special Administrative Region of Hongkong also stands for, according to Patrick Paul, chairman of the British Chamber of Commerce In Hongkong. He was alluding to the heavy downpour during the July 1 handover ceremony when the British territory became
          102 words
        • Article
          Smart way to lose
          106 24 NEVER associate with a loser if you want to win in an election. Chief of the pro-business Liberal Party in Hongkong, Alien Lee Peng-fei, learnt that the painftil way when he failed to secure a seat in last Sunday's Legislative Council elections. The 58-year old politician,
          106 words
        • Article
          Long bottoming out
          74 24 ASIAN stockmarkets should stage a rebound from their December and January troughs, says technical analyst David Fuller in his widely-read investment letter Fuller Money. But don't bother to fasten your seat belts for the ride. Mr Fuller says though his view is that Asian markets are "very
          74 words
        • Article
          Up there
          115 24 APPLE Computer Inc is taking a bow with the Singapore team that just climbed Mt Everest. The climbers took two Apple Powerßook notebook and two desktop Power Macintosh computers to stay In touch with the rest of the world by e-mail. The team also sent back movies using
          115 words
        • Article
          Down here
          75 24 MEANWHILE down here on level ground, Singapore companies are also getting mileage from the Everest expedition in their advertising. NTUC Income, for instance, has an ad headlined: "Congratulations. Singapore is on top of the world". Another firm, Brand's—the chicken essence maker—applauds the Singapore team for "taking Singapore to
          75 words
        • Article
          Loser by all means
          111 24 IF you happen to lose your job, Sweden is the place for such carelessness. A jobless Saab owner this week had his car pinched In Stockholm, but the considerate thief then wrote a letter of apology to the owner and enclosed the owner's unemployment claim forms
          111 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      74 15 i f s p V f„ -a UK PROPERTY FINANCE FROM SINGAPORE. For further information, please contact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate Fast and Convenient Service Flexible Loan Package Pre-purchase Approval -v 5
      74 words
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      Page 16 Advertisements Column 1
      76 16 l9r °P® n «ven before she was properly sitting down. Sho smiled as she was reading, sometimes even laughed out loud, often casting a dreamy glance at the blanket off clouds below her. No questions, no requests. Everything was |ust fint* jH fr For Information and booking: www.iwtatair.com or cafl
      76 words
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      Page 16 Advertisements Column 2
      289 16 TIMES Transport Logistics Industry here poised for active growth Singapore stands tall as a tower of strength and stability despite the turmoil of the Asian currency crisis. The upside of the region's cheaper currencies has opened more avenues for export potential Export trade has surged in the region. Singapore, with
      289 words
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      Page 17 Advertisements Column 1
      10 17 TODAY M-ianhe Zaobao Utrtt C#J»t»Hß> s Jtt*£4>? mnmmm l f
      10 words
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      Page 17 Advertisements Column 2
      118 17 Bl A new name in SC is the new name for Societe Generale Our recent acquisitions; Hambros Banking national Croup's international businesses: Croup, Cowen Co, Barr Devlin, and I Commercial and investment banking Yamaichi Asset Management strengthen banking. Asset management still further our presence worldwide. Private banking T l ie
      118 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      458 18 IVIJQ YEOHIAP SENG LIMITED X *1m (INCORPORATED IN SINGAPORE) NOTICE IS HEREBY GIVEN that the Forty-second Annual General Meeting of the Company will be held at 1 Tanglin Road, Antica, 2nd Level, Orchard Parade Hotel, Singapore *****5 at 3.00 p.m. on Friday, 12 June 1998 for the following purposes As
      458 words
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      Page 18 Advertisements Column 2
      13 18 Buy It Sell 1L Find It Classified. ISM-737-11M Call Today For Results Tomorrow.
      13 words
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      Page 18 Advertisements Column 3
      11 18 SFckhjU Sntertcunment The Straits Times Classified Classifications 5-36 T A j
      11 words
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      Page 22 Advertisements Column 1
      34 22 Citibank Margin Trading Account. Trade in the Widest List of Marginable Securities. Call 339-7126 Now. THE C ITI NEVER SLEEPS Branches at 1 Shenton Way 268 Orchard Road 21 Jurong East St 13.* www.cilibank.com.sg
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      48 23 E_ th e BOLDEST event this year B A LLY GRAND ANNUAL SALE BEST prices never thought possible from 29 May -31 May 1998 at Suntec City Level 3, The Gallery from 1 lam 9pm Be one of the 10 lucky winners at our 'FREE Shopping Spree' draw
      48 words
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      Page 24 Advertisements Column 1
      855 24 BUSINESS Notices In the Matter of the Companies Act, Cap. SO And In the Matter of Damanjaya Pte Ltd (In Members' Voluntary Winding pi Notice is hereby given, pursuant 10 Section '08 of the Companies Act. Cap. V). that (he tinal general meeting of the members of the above-named company
      855 words
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      Page 24 Advertisements Column 2
      488 24 rdtary] ROTARY ENGINEERING LIMITED NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of ROTARY ENGINEERING LIMITED will be held at 17 Tuas Avenue 20, Singapore *****8, on Friday, 12 June 1998 at 10.00 a.m. for the following purposes: As ordinary business 1. To
      488 words
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      Page 24 Advertisements Column 3
      541 24 COMPANIES ACT CHAPTER 5? SECTION 290(2Kb) NOTICE Of RESOLUTION TUNO WAN INDUSTRIAL TRADING CO. (m| LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Tung Wah Industnal Trading Co. (Pte) Ltd held at 301 Boon Keng Road. Singapore *****9 on the 22nd day of May 1998. the following
      541 words
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      Page 24 Advertisements Column 4
      491 24 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF ORTHOPAEDIC SURGERY PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of ORTHOPAEDIC SURGERY PTE LTD duly convened and held at the Registered Office. 3 Mount Elizabeth *03-01
      491 words
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      Page 24 Advertisements Column 5
      712 24 In the Matter of the Companies Act. Cap. 50 And In the Matter of Gardner Trading iSI Pte Ltd (In Members' Voluntary Minding-l'pt Notice is hereby given, pursuant to Section V(H of the Companies Act. Cap V). thai ihe final general meeting of the members of the above-named company will
      712 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      317 25 Bridge News THE RATE for a handysize cargo on the key US Gulf to Japan grain run tumbled further with reports that U5516.75, without combination port discharge, has been agreed. Rates in the area remain low with any new orders just being absorbed by the excess of tonnage
      Bridge News  -  317 words
    • Article
      MARITIME STOCKS
      292 25 us Nay 27 s$ CWT Distribution 0.57 ChuanHup 040 -0.015 156 Cosco investment ..0.74 FraigM Links 0.265 -0.01 33 GB Holdings 0.28 Hoi Sun Hup 0J1 -0.005 22 Hitachi Zoson 0.665 -0.005 28 IMCHoMtogs HK 5.60 Jay» Holdings 0.41 Jurong Shipyard 7.55 unch 233 KappaiCorp 3.58 -0.10 842
      292 words
    • Article, Illustration
      Lock icon Asian crisis proves a boon for shiprepair yards
      491 25  -  Regional yards able to take advantage of falling currency value against US dollar: report By. Felix Chan [SINGAPORE] The Asian economic crisis could prove to be an unexpected but much-wel-comed silver lining for the shiprepair markets in the region, enabling yards to
      Source: Drewry Shipping Consultants  -  491 words
    • Article, Illustration
      Lock icon When opportunity knocks, NOL's Lim How Teck knows how to grab it
      755 25  -  SHIPSHAPE By'. Rahita Elias IT's been an exciting year for Lim How Teck, deputy chief executive officer of Neptune Orient Lines (NOL). Over the past 12 months, the Singapore shipping group had been working hard on its acquisition
      ARTHUR LEE  -  755 words
    • Article, Illustration
      Keppel Singmarine to build 4 tugs
      167 25 [SINGAPORE] Keppel Marine Industries, through its shiprepair and shipbuilding division, Keppel Singmarine Dockyard, has clinched a contract to build four harbour tugs for sister company Keppel Smit Towage. The vessels will be used by Keppel Smit in the berthing and unberthing of ships in
      167 words
    • Article
      Tanjung Priok's cargo volume picks up after riot disruptions
      267 25  -  By] Felix Chan [SINGAPORE] Productivity at Jakarta's main Tanjung Priok port showed signs of recovery after disruptions due to rioting earlier this month. A Jakarta port spokesman said that on May 14, the day rioting and looting spread across the capital,
      267 words
    • Article, Illustration
      Lock icon Early support for Maasvlakte
      1018 26 ROTTERDAM DISTRXPARKS Users of the port of Rotterdam are choosing to set up distribution centres in the new distripark ECT ROTTERDAM'S existing distriparks at Eemhaven and Botlek are being joined by a third, Distripark Maasvlakte, sited close to ECT's Delta terminal. The basic infrastructure of this
      ECT  -  1,018 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      237 26 PAGE tyak Lloyd 9 ACL 9 Dongnama 3 AML 3 ECl 5 Accord S 6 Appensiup 5 Eurohans 6 Astro 3 6 Austral 9 8 BSA 7 CL 4 Batamindo 7 J**™ 8 la»Miter 6 GWShM 9 sr* j .ss CMA 9 HeungA
      237 words
    • Article
      SHIPPING GUIDE
      24808 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT J. age iw ETA ETA Advartisar Vn»< Voyaga Trtphon. ETA ETA Advartisar Vassal Voyaga SIN Oasfn Nan* Nan* Numtoaf NumCar SIN Dasl n Nama lama To BANJUL (BJL) 2040 A Gambia To ABIDJAN (ABJ) 2003, os/* 13/07 sprout. Hyundai baron row Ivory Coast, Cote D'lvoire
      24,808 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        795 39 Vessel Voy No Berth Arrival Departure Blissful 12 9612 1m alongside 28 05/1600 Bt Afrual May27 J01 alongside 27 05/2359 Bt Call indra 0)0598 JOl akx*js*J« 27.05/2300 Bt Jabal R 2 *****8 J01 alongside 28.05/0600 Bt Nurduna *****8 J01 alongside 28 05/0900 Bt Nurmi Yan 0)0598 JO) alonqsx*
        795 words
      • Article
        CONTAINER SCHEDULES
        1871 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bill nee Rstls Ship Voy No Etb/Btr Ported From To From Aci Lily 0048 29/1600 U 27/800 27/1659 lift** 16 27/1500 27/1659 27/HOO 26 27/1700 21/0659 21/0900 21 27/1700 26/0659 26/0900 J 26/0700 26/1159 26/MOO 6 26/1200 26/1459 26/1700 T*IN
        1,871 words
      • Article
        GLOBAL HOLIDAYS
        179 39 May 29 Hong Kong: Tuen Ng Festival. May 26 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.
        179 words
      • Article
        COCKETT BUNKER MARKET REPORT
        989 39 THIS report, compiled by Cockett Marine Oil Ltd. show* 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 chance and the indi
        989 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        376 39 Carbon WO Mm 992 2 0.9 18.0 0.11 46 0.07 u fWndtw Wattr Residue Ash AWnwniuni Sediment Ho above £25 SOS £22 390 Ave 906.8 02 16.5 0.06 32 0.03 VS. 300 Mm 991.5 0J 19.3 0.16 72 0.09 m/m«i »m/m mi to- Wo above 635
        376 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon 15 injured as Ansett aircraft hits turbulence
        161 40 AFP [SYDNEY] Fifteen passengers were slightly injured early yesterday as an Ansett Australia jet flying from Japan to Australia was struck by severe turbulence south of Papua New Guinea, the airline said. The Boeing 747 carrying 79 mostly sleeping passengers was en route
        AFP  -  161 words
      • Article
        Lock icon Dragonair to suspend flights to Kuching
        182 40 AFP [HONGKONG] Hongkongbased Dragonair is to temporarily suspend flights to Kuching, Malaysia, in a cost-cut-ting measure, it was reported yesterday. Airline chief executive Stanley Hui, quoted by the Hongkong Economic Journal, said the twice-weekly return service would be suspended in July. Dragonair has also
        AFP  -  182 words
      • Article, Illustration
        Lock icon Traffic-stopping protest
        55 40 [LILLE] With only two weeks to go before France plays host to the World Cup, truckers from the French union Force Ouvriere block a highway from Lille to Dunkerque, northern France, to protest against working conditions, as other truckers, joined by pilots and train drivers, threatened to hold
        AFP  -  55 words
      • LOG Book
        • Article
          Lock icon Qantas' March passenger numbers fall
          87 40 Reuters [SYDNEY] Qantas Airways Ltd said yesterday core airline passenger numbers for the month of March fell 2.9 per cent to 1.36 million compared with March 1997, while group passenger numbers fell 2.2 per cent to 1.58 million. The core figures comprise all international and
          Reuters  -  87 words
        • Article
          Lock icon Air New Zealand chairman retires
          43 40 Bloomberg [WELLINGTON] Air New Zealand Ltd said Bob Matthew, 54. retired as chairman of the Company yesterday and his deputy Selwyn Cushing will replace him. Mr Matthew will also step down as a director of Air New Zealand.
          Bloomberg  -  43 words
        • Article
          Lock icon Holden aims to raise exports
          65 40 Bloomberg [SYDNEY] General Motor Corp's Holden Ltd said it hopes to increase vehicle exports to one-third of total production, worth Ass billion (Sss.l billion), within five years. Chairman and managing director, Jim Wiemels, said the company expects "to break the records set in the early
          Bloomberg  -  65 words
      • Article, Illustration
        Lock icon McDonnell, Lockheed planes to undergo checks
        374 40 US aviation agency orders inspections for fuel tank electrical problems Reuters [WASHINGTON] The Federal Aviation Administration has asked airlines to make preliminary checks of McDonnell Douglas and Lockheed planes for fuel tank electrical problems, following faults found in Boeing 747s and 7375. These new
        Reuters; FILE PHOTO  -  374 words
      • Article
        Lock icon Bombardier intensifies dogfight over subsidies with Embraer
        300 40 Reuters [TORONTO] Canadian aerospace giant Bombardier Inc returned fire on Tuesday in an intensifying dogfight over subsidies with its Brazilian rival, aircraft firm Embraer of Brazil. The London Financial Times cited sources close to Canada-Brazil negotiations on a dispute over aircraft exports, saying
        Reuters  -  300 words
      • Article
        Lock icon CNF to unveil US$1b in logistics contracts
        205 40 Bloomberg [REDWOOD CITY, California] CNF Transportation Inc, parent of Emery Worldwide air freight company, was to announce contracts worth US$l.l5 billion (1.88 billion) over five years yesterday. Under contracts with six companies expected to include International Business Machines Corp and Intel Corp, CNF's
        Bloomberg  -  205 words
      • Article
        Lock icon Northwest may replace DC-9s with 100-seat jets
        563 40 US airline may place order with Boeing or Airbus later this year Bloomberg [ST PAUL, Minnesota] Northwest Airlines Corp may buy jets that seat about 100 passengers from Boeing Co or Airbus Industrie to replace McDonnell Douglas DC-9s in coming years, a person
        Bloomberg  -  563 words
      • Article, Illustration
        Lock icon On the drawing board
        27 40 [GOTHENBURG] The managing director of Saab Robert Hendry presenting the new Saab combi model 9-5 at a media conference in Gothenburg, Sweden. AFP
        AFP  -  27 words
      • Article
        AIRCRAFT ARRIVALS AMD DEPARTURES
        1705 40 CITY FU6HT ETA fUCHT ETC WW Q» IMMi IAT30 19)0 BA7382 2055 FataNfti SOW 1710 S0990 0K)5 0T8I 1930 tmntuWK S0803 1905 CZ3S2 0835 ma zao con som bm Aantartfaai KU43 0450 M.846 0040 MmHK CZ3097 MO OOP M VMF4I QM VN740 M0 Atkaas SO347 0620
        1,705 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      24 25 Early support fir Rotterdam's Maasviakte Users of the port of Rotterdam are choosing to set up distribution centres in the new distripark. Page 2
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      Page 25 Advertisements Column 2
      134 25 McDonnell, Lockheed planes to undergo checks US aviation agency orders inspections for fuel tank electrical problems. Back Page Borderless MBW: 4% When the leaders of nations and celebrities traveled to the East NYK provided the J services to help make history Todav. too. on a worldwide scale but m the
      134 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      830 26 i import ~l 1 NORTH AMERICA I QULF/INDIAN SUB-CONTINENT H jSUPER SHUTTLE EXPRESS [~1 |OUtF KARACHI EXPRESS (QKX) vtssa voyage I to I sm vtssa vor ju mm iah wo im I coi I m sm 00Q CALIFORNIA 27W514 13/05 JVM PtO NEDUOYD OAHRAM m~ 13/05 15/05 IS/OS 17/05 22/05
      830 words
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      Page 26 Advertisements Column 2
      642 26 Lines services represented u lhfi b y Members heße 9' s r Vo' Hj«l Singapore Freight Forwarder Accredited Shipping Agents CjUw Association Singapore Shipping Association o \lT Sa^o. ShippingTimksOnt.inf K9PRMI SMMH HfMMW Just talk to us... Iris Lim 740-2044 Jarrod Leong 740-2089 EXPORT 3 7 Hongkong 1 Moo,Jo 1 KoosWng
      642 words
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      Page 27 Advertisements Column 1
      833 27 SAX SIRVKI (MRiCT) Ivbhi vor wro uu oak dai hou oi an m fii S!L_ mTwuw*m\ am v/u n/oo 15/00 is/oo 10/00 15/00 10/00 u/ot woo woo HBHH= 3E 33= 2S= 3BZ 33: 3S= 3S= 3ST 3SZ mr 3S= ioses m not sm eat—nm—sm—gas—gat—ga—»/" ahmquobi om 17/00 n/w */v 00/g
      833 words
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      Page 27 Advertisements Column 2
      1207 27 (g) HANJIN SHIPPING HANJIN HNPfINO (S) PTI LTD //mm. to* mi NOUW WMIM W UIH MM7I4 IM OOCUMfIT M******74 OKUTKNfi JiMNUSI MAM M: H170J5 W 7JWWO aNO IISM93BOOOM |TO NW U«A A CANADA I U«A CANADA' nkmtoi M W UNIHAUL/VOT iu i ib i w i i m WT lllll>
      1,207 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1258 28 mm DSR-SENATOR LINES TO UK/CONTINENT TOHEDSEA^i^riiiJiRANEAN^CANApA VESSEL VOY TST" LtH mw MM HAM MV HJC «ME WW W BT WTO VIC MTU HNUM GENOA WOKS »M II.H HH IIH lIH fI.H •MZAOOOd W» »"""""JJ U" HAMJM MALTA WNK3 02 H lIM til U M.H 25 HHH CM.IFOHM IBUTOB WIHM HH
      1,258 words
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      Page 28 Advertisements Column 2
      1297 28 MV IWIMNKs LJNE YML lnternet Web Site http://www.yml coni.tw IJHjmjnnmWßJll l Ul l BJIl l Nl l lJ'H]fMfl4li'<J:iil€.^;l I JMI AWWVAL RXEO OAY-TUESOAY VESSEL VOY L£M FXT HA* anr MFA 51* MING MOON ABISE SLO SLD SIO SLD 19/05 02/06 DOVER BR ABI6E SLD 14/05 SLD SLO 26AK 09/06 MING
      1,297 words
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      Page 28 Advertisements Column 3
      421 28 LINE A TIL) MU4M Mil lIUIII MUARA LABUAN VKSfi vor no rr* vesse voy no eu sratf MIAKA SWM UN Vl4t/M 31/05 03/ M IHOSfB VI4E/* 31/05 M/M tfttGlOCY VI4C/M 04/0* 07/ M AfttGUMT Vl*/* M/M M/M inosro via/* o»/* ii/m via/w m/m is/m MVtOOfT Vl*/* 13/0* I*/M »m.9Um Vl*/*
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      941 29 VIO6OL VOY PIN POU PKO PtN QLW gg PV OA IRAN VAH DAT PJL 1284 21/06 IRAN TAKHTI PJL 1286 01/06 10/06 11/08 IRAN TIYFOURI PJL 1267 06/06 14/06 16/08 i IRAN MO6IN PJL 1263 20/06 29/06 30/00 ACCEPTING CONTAINER/BREAK-BULK SHIPMENT! TO INLAND POINTS IN IRAN 4 CIS COUNTRIES I.E.
      941 words
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      Page 29 Advertisements Column 2
      1597 29 DIMCT SAILING 10 SHANGHAI XINGANG I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL; 224 1900 FAX: 22*2201 OUTWA*D(I/l) 4wsoT" I COSTAR SNIFFING PTI LTD #17-mmsiidg SAUS/MOS 420SMi/4) INWAIO DCFT (D/OJ *****U COSTAR AGKNCIES (M) SDN BND I I g WO: *****M0000M TOWCT TWO (0*1101) CONVENTKMAI t *****50/S5 T/SHfWT PCPT
      1,597 words
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      Page 29 Advertisements Column 3
      311 29 EASTERN CAR UNER, ITD.'^S.'SfS.r Ifc KL (SINGAPORE) PTI LTD 1 SPfCUUJZI IN RORO t HIAVY UfT UFTO 122 TOMS ECL (SINGAPORE) PTE LTD LOADING FOR CHITTAGONO "1 MUARA MV "WHITI FIORIS" V.7 MV "ORANOI SKY" V.M ETA SJN 28/05/9® ETA PKL 04/06/96 ETA SW 29/03/98 ETA MUA 02/06/98 LONG BEACH
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      Page 30 Advertisements Column 1
      1357 30 iF ————y-—-TYI k EUROreAIMCANOIHAWMWUWDWmi* SQP ROM ANW HBG THP ZEE LHW LMV TMP ROM ANW HBG PKL SGP I DEVELOP RW-001 31/05 19*6 24*6 ?0A» 22*6 2Mi 24*6 t GAR LAUD RE 053 03*5 05*5 08/05 04*6 07*6 01*6 E RACER RW-022 M/M 28/06 11*7 27D6 24AM 30*6 01*7 E.
      1,357 words
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      Page 30 Advertisements Column 2
      611 30 K~/V~J OW MOI notmoew S®U: (064) 31«1T9 MANILA: (632) *****24 N PENANO: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JKT: (21) *****07 MPN: (61) *****3 KUCHNQ (062) *****1-3 T Y 0/Y OK/UKB/OSA 1 MV "SEA RANGER" V.N186 ETA SIN: 31/5/98 NABOYA MV "OOCL SINGAPORE" V.06EA19
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      Page 30 Advertisements Column 3
      374 30 /CZI WCY NANTAI LINE FULLY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA vtssa 1 VOT I rui IPW I (FT I i/mt" ■NNMjgjg torn 07/0* It/* 21/N MjgMWjjjS Y.077S 12/04 21/04 >1/07 (H/07 GOLDBIPKAGOW T.OOSS 11/04 27/1* 01/07 04/07 jjjjßMjjPß Mm 73/04 13/87 10/07 WAMUI QUffl) Y.021S 01/07 17/07 21/07 24/07
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      361 31 BSA XI wmm MYANMA IHBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) VESSEL VOY SIN PKG PEN PGU MERGUI 143W SID I AGO 102W SID MALAYSIA AGENTS: KXISTUD SHIPPING AGENCIES KUL- TEL 02-03-*****00 PKL TE 02-03-*****01 PElfc HI 02-04-2****** PGD: Til 02-07-*****21/4 BANK LINE (A strvkt of
      361 words
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      Page 31 Advertisements Column 2
      1148 31 HYUNDAI I MERCHANT MARINE CO. LTD. T"kT"l ivissa voyisou|ieh|»tm|amt|ham|rrv| I sw i APLAUUNDWI 302W HTOS 15/06 20/06 ***** 10/06 01SE 04/05 09/05 06/05 07/05 »/0S MAAS S23W 29/05 19/06 20/06 14/0* 16/06 HY GENERAL 3111 o*/05 13/05 09/05 12/05 30/05 MXCYffME 005*5 M/S 19/0* 20/0* 22/0* 25/0* NOlOO5 0021 15/05
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      Page 31 Advertisements Column 3
      1068 31 MIM MK nonwegor ipeco'i/ed outocomen Qs&sks mm mm iz/vss TO NORTH AND LATIN AMERICA Ro HEAVYUFT SERVICE" [VESSEL VOY RAMP ["HEIGHT SIN LAX CRI MUA SAV ML OKf NYC NEW MOO THAS Fin 400 Tms itt 0270* 25/04 04/07 07/07 00/07 "n7oTT276r 11/07 WOT" 1«/07 TOM fll2 4001 mb 6.3
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      697 32 AMOKOK/LAIM CHAIANQ JAKARTA/PAWJAMQ VESSEL VOY SIN sitK LCH VESSEL VOY SIN JKT PJN XETHABMUM 234N In Pt 31/06~ GURU BHUM 7958 In Pt 31/06 ANAN BHUM 107N 30/06 03/06 27/05 DEJA BHUM 748S 30/05 03/06 ACX JADE 21N 31/05 03/06 04/06 ACX RUBY* 23S 01/06 04/06 2 YANTRA BHUM" 242W
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      Page 32 Advertisements Column 2
      423 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 KC] TLX: R*****5 SJNMER Wtm CR No: **********0W Receiving Cargo at PTI I Blntulu Mumrm I VBffl VOY SIN |TU VSI SIN SUA I Mot V9607E 31-01/06 06/06 "GoW WllOt 31 -01/06 06/06 I Safe V9BIIE
      423 words
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      Page 32 Advertisements Column 3
      782 32 1 ACCORD A SHIPPING PTE LTD TIL: *****15 (40 Lin**) FAX *****30 rOtTUMK (OS) J*****1 B m DIRECT ACCESS TEL *****55 (EXPORT 6004CIN0) MS* GUOAMG (********** *****34 (EXPORT DOC), *****39 (IMPORT) fOUNG (04) UJ1441 URL:HTTP://WWW.ACCORO.COM.SO WUUtU (71) 640 0770 VAA# POtT ITA SIN POtT ITA tIM POtT ITA $IN POtT
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      404 33 INDONEsiANATIONALLIN^I TO EUROPE "1 EXPRESS SCMt-COKTiUNEWISED SERVICg ~*ii VOY rTPO«t I AOAM/ROAM M lURG IftEMIM AMTWtRP A VMIEI 4TW»WW OMIT 82/ M TO AUSTRALIA FULL CONDUWER SPMCE «i vor WWTm w w a w m muaAi tm am jms! -"im nm iw» im »V MO NBUOYD MOSAIC VMS HHMM|I4W IMB
      404 words
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      Page 33 Advertisements Column 2
      922 33 ADVANCE CONTAINER LINES (PTE) LTD A A\ I Z 140 Cecil Street #12-00, PIL Building. Singapore *****0 iilfl TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****05 BANGKOK JAKARTA (W—fcly 5 Sl|« PAT/I Sl|» LCH/1 Sit SWT) VHM VOY «N MOC Y9X ANW BHUM -iSR—WST-
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      Page 33 Advertisements Column 3
      836 33 VESSELS VOY W I JED MLA LEH HAM TWP ATM ZEE VH-LE D 6 MB4QSA V3BW 04/06 12/06 17A» 22/06 24/06 2MX 2MB 27A06 VE-LE 06 TANYA T2BW (WO6 22/06 28/06 28/06 01/07 02W7 03*07 V-LEDE TAURUS A2BW 16/06 2V06 3BW 06/07 06/07 06/07 06/07 08*77 V*_LE D'AQUARIUS U26W 23/06
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      48 36 VaTil Dial 740-6000 OfIGG *****10 JBr (Retrieve more schedules!) Press-r Select the port and key in the four digit code eg: To New York (NYC) 2275 ift s :£> Key in your fax number your phone number Another Innovative service offered by CTC® The document Will be shipping times
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      130 39 LEGENO: R Thunderstorm Temperature c X\ y Shower Weother Wind direction with speed in knots ee Rom \J Cloudy Sky Wov h *3 ht Surface wm6% ore indicated by orrows wtiK* Hy ..Hi the wind Cl) c#cle represents cotm or light ond vonoble wmds J__ One hoH fteche represents 5
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