The Business Times, 3 June 1998

Microfilm: NL21196
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, JUNE 3,1998
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  • Article
    MARKET SUMMARY
    63 1 □sm UO7J2 (-27.47) M 8*27(435) nSTOOHF iJUBXM (-11.83) nnn& IJCHM (-4.47) nMABKETHOQDe EJ Mixed STTOGXIKAIKET INDICES Tuesday Change KLSE COUP 520.61 +t«I NIKKEI 1W64.«_+2»4I HANG SENG 8,698.17 -1184 SET INDEX 31X64 +060 JAKARTA COMP __J99.60 -1448 MANILA COMP _IJMIW 49.97 TAIPEI WPI 7MM4 -W«l SEOULCOMP C4.10 -1160 CLSA
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  • Article
    FINANCE
    81 1 FOBEX BATES uss ss list ggg £(US$/SJ per 1.698 1766 DM 1.781 9.948 YEN 1»J 15 ir MS JJ47 0.428 HK$ 7.749 0518 BAHT 4256 0.049 RUPIAH 11,769 0014* St to 100 until •St to IM units PUBS BATES SINGAPORE* m KUALA LUMPUR 1150 JAKARTA 28.00 BANOKDK 14.75 MANILA
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  • Article, Illustration
    Lock icon I'm in fine health, says Ong Beng Seng
    1238 1  -  HPL's chief quashes rumonrs about his health and explains his recent spate of asset divestments Reports by* Catherine Ong [SINGAPORE] Low-profile tycoon Ong Beng Seng went on a rare media offensive yesterday to nail persistent rumours about his health, with his personal
    PHOTOS BY CHRIS LOH; Source Bloomberg  -  1,238 words
  • Article
    Indon economy shrank by 8.5% in first quarter
    894 1  -  10% contraction seen for full year with inflation hitting 80% Froml S N Vasuki in Jakarta INDONESIA'S economy contracted by 8.5 per cent in the first quarter of this year and could shrink by 10 per cent for the fUll year, the
    894 words
  • Article
    Yen survives test of 140; pressure eases on currencies, stocks
    397 1  -  By\ Larry Wee [SINGAPORE] Most Asian currencies got a leg up from the yen yesterday as the Japanese currency firmed after successfully resisting pressure to tip it over 140 against the US dollar. The region's stock markets also enjoyed a
    397 words
  • Article
    Try a 10km run with Ong, says his doctor
    322 1 [SINGAPORE] Businessman Ong Beng Seng's personal physician yesterday threw this challenge to anyone who believes the Hotel Properties boss is seriously ill: Run 10 kilometres with him. Dismissing market gossip that Mr Ong was suffering from a terminal sickness as "pretty
    322 words
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      137 1 msiDE flafcwi bj numben Private sector economists are rattled by news that Singapore's non-oil domestic exports fell another 6% in May a faster than expected acceleration for some, Pia Shares in Sembawang Corp and STIC fall sharply, reflecting investor disapproval of news of thecompanies' planned merger, Pglfi flrmi t» a
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      22 1 Asian currencies turn grim, Pg 7 Editorial: Japan may need to let yen drop, Pg 11 SembCorp, STIC stocks tumble, Pg 15
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      42 1 Tomorrows More reports on the Ong Beng Seng interview r* f IB? fl^^rj .Blir ALFRED DUNHILL LONDON The New C itvScapk Leather Collection RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY DAIMARU LIANG COURT I 11 t
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Economists rattled by May's 6% fall in non-oil exports
      527 2  -  Some say it's now a question of when S'pore will join HE, ITsia in reporting negative growth Bu\ Wong Wei Kong Ven Sreenivasan PRIVATE sector economists are rattled by the news that Singapore's non-oil domestic exports fell further by 6 per
      527 words
    • Article, Illustration
      Baby Bell US West to pump US$200m more into Asia
      467 2  -  Most of investment to go to Japanese cable TV, telephony venture, India cellular networks w Teh Hooi Ling [SINGAPORE] Baby BeU US West International which will be renamed Media One International in June will likely invest "hundreds of millions of
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    • Article
      S'pore economy has seen bottom: Ong Beng Seng
      489 2  -  Among region's economies, he's most bullish on Malaysia By i Conrad Raj THE Singapore economy has seen bottom, says local hotelier and businessman Ong Beng Seng, but this doesn't mean it will pull up soon. This is because many things are beyond'
      489 words
    • Article
      Lock icon S'pore aims to hand over Suzhou park in 5 years
      149 2 The Straits Times SINGAPORE officials have set a five-year deadline for the handover of the management of the Suzhou Industrial Park project to the Chinese, in keeping with the aim to transfer knowhow from Singapore to China. The setting of
      The Straits Times  -  149 words
    • Article
      S$ rate not a tool to boost exports: Hu
      217 2 THE Singapore government does not see the Sing dollar level as a tool to maintain export competitiveness, Finance Minister Richard Hu said yesterday. Speaking after a press conference to launch a new StanChart smart card service, Dr Hu reiterated that the
      217 words
    • Article
      Prices of top-end condos continue to slide
      366 2 TOP-END prime condominiums saw significant price drops in the first quarter of this year. According to a report by property consultants Colliers Jardine, a 3,348 sq ft unit on a low floor in The Claymore was sold for $1,000 psf in March, 36
      366 words
    • Article, Illustration
      Lock icon Broadband network for region taking shape: Mah
      499 4  -  TELECOMS CONFERENCES But project will now take longer to be realised because of economic crisis By 1 Teh Hooi Ling THE Asia Pacific Information Infrastructure (APII), or the proposed broadband network to link up the region, is beginning to take shape three years
      CHRIS LOH  -  499 words
    • Article
      Sing Tel, UK firm looking into smart card tie-up
      311 4  -  GPT expects to pat in $15m once venture gets underway By] David Boey PHONE cards and plastic cards embedded with a computer chip that can be used for cashless transactions could soon be churned out in the millions by Singapore Telecom
      311 words
    • Article
      Sing Tel voice paging system on trial run
      330 4  -  By. David Boey SINGAPORE Telecom is offering its pager users who work in the Central Business District (CBD) a chance to test a voice paging system for six months free of charge. Sing Tel and its telecom equipment suppliers, Motorola and Glenayre
      330 words
    • Article
      Cyberspace shopping made easy with new Visa card
      346 4  -  By, Jennifer Lien YOU want to buy a watch, yet you can't bear the Orchard Road crowds. So you do your shopping in cyberspace, slot in your Visa smart card, and punch in a PIN number. Your card asks if you want
      346 words
    • Article
      S'pore, M'sia to be linked by cyber-causeway next year
      324 4  -  By' Toh Han Shih THE information superhighways of Singapore and Malaysia will be linked by a high-speed cyber-causeway next year. Mohamed Arif Nun, chief operating officer of Malaysia's Multimedia Development Corporation, which oversees the country's Multimedia Super Corridor (MSC) project, yesterday
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      110 2 I Ml CLOSING SPM WST FRIDAY 3RD JULY 1998 Ifj DAWESVILLE CHANNEL PROJECT, MANDURAH, WA j| To be offered individually: I Northern Precinct Southern Precinct I An established 108.5431 hectare residential Designed as an integrated tourism and land subdivision, with approvals in place resort precinct this 67.886 ha freehold for
      110 words
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      8 2 The Straits Times Classified where dreams become reality,
      8 words
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      91 3 B i .Bi 11 PI I I JmJp 3<r N "'4 Kf < *tH•v vv' V V V. T v V V ""I iV 1 Ml pf i#? I JPW* #r. -*x£ r V C*"- V^ > 9 .-i. *.y '*-V^ w v v,- f.; > '"r:*■]■*'ji-* %*V; v V''*-
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  • Page 4 Advertisements
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      389 4 EXECUTIVE Appointments To advertise call toQ-ftee 1800-741 1883 ii' Tpfrr,, i.flip KWERNER Kvaerner, is one of the largest international engineering and construction Groups operating)^ over 100 countries. In Asia, it has offices in Singapore, China, Thailand, Malaysia, Indonesia, Philippines, Hong Kong, Korea, Japan, India and Australia. One of the success
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      152 4 mmmmmm mmmn\ II 1 [r= 11 y Dried and Fresh Abalone Set j smwE L-wg -m—ll CANTONESE I MM »T r»o*c Tosntnama i/rivQ ADCwnc CUISINE ""wr* j W/TTIJ Double Boded Shark's Hn and Sm WMk W 1 1 11 with English Ginseng A Baked Shark's fin and Seafood in Crab
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      171 5 Dial 012 to save when you fax. > r W^ -il fr V'yjF JU/r Fax Plus 012 saves you up to 46% off standard IDD rates when you subscribe now. This international real-time fax service delivers your documents immediately. You simply dial: 012 the country code the area code the
      171 words
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon Mahathir urges fundamental reform to curb forex swings
      876 6  -  HesaysM'sia intends to revert to bartering attacks IMF prescription for closing Indon banks From. Anthony Rowley in Tokyo MALAYSIAN Prime Minister Mahathir Mohamad yesterday called for a fundamental reform of the international monetary system to take the determining of exchange rates out
      REUTERS  -  876 words
    • Article
      Market forces dictate S'pore interest rates: KL minister
      403 6 Banks' decision has nothing to do with the S'pore govt [KUALA LUMPUR] Malaysian Deputy Finance Minister Affifuddin Omar feels that financial institutions in Singapore have offered high interest rates to attract and retain Malaysian funds in response to market forces, and not
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    • Article
      Asian economies likely to recover next year: PECC
      216 6  -  By Ven Sreenivasan BARRING more shocks, Asia's economic crisis will stabilise this year as reforms work their way through the system, and a recovery should begin to kick in next year, says the Pacific Economic Cooperation Council (PECC). The policy think-tank, in
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    • Article
      Fears of regional recession pull Manila bourse down 2.5%
      315 6  -  From, Al Labita rn Manila THE Philippine share market yesterday reeled from across-the-board selling as foreign funds retreated from Asian equities on fears of a looming recession in the region. The bellwether 30-share Phisix index shed 2.5 per cent to hit
      315 words
    • Article
      Aussie current account deficit swells to 3-year high of A$7.sb
      578 6  -  A$ falls to lowest in 12 years on trade concerns, gold price slide, talk of rate cut From Russel Baker in Sydney THE Australian economy has been dealt another blow by the Asian crisis with the nation's current account deficit
      578 words
    • Article
      Lock icon Sempati Air forced out of business
      99 6 AFP [JAKARTA] The privatelyowned Sempati Air has been forced out of business, becoming the first Indonesian commercial airline to fall victim to the monetary crisis. "It is impossible for Sempati to continue operations in the current difficult situation," Transportation Minister Giri Suseno was quoted
      AFP  -  99 words
    • Article, Illustration
      Lock icon Unimpressed by cheap HE property
      63 6 [HONGKONG] A shopper showing little interest as she passes signs offering property at enticingly low prices in the window °/JH ea l s °fl ice on Monday in Hongkong. A collapse in Hongkong's property prices has knocked HKS 1.35 trillion (***** billion) off the value
      AFP  -  63 words
    • Article
      Lock icon Woes in Russia, China could spread, warns Summers
      321 6 Bloomberg [VIENNA] US Deputy Treasury Secretary Lawrence Summers said while economic crises in Korea and Thailand have abated and changes in Indonesia bode well for reforms, developed nations can't relax as potential problems in Russia and China could spread to other regions.
      — Bloomberg  -  321 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Asian currencies turn grim
      1080 7  -  Some consolidation is expected, but selling Asia into corrective strength remains the preferred strategy By Larry Wee F reces- sion is defined as two consecu- quarters of negat i v e growth, then Thailand, Indonesia, Malaysia, South Korea and Hongkong are already in recession, while Singapore
      Compiled by BT; Source: Deutsche Morgan Grentell  -  1,080 words
    • Article
      Lock icon Naked truths about Russia
      543 7 The good news is, attention is at last trained on the depth of Russia's problems The Economist SEEN until recently as a victim of emerging market turbulence worldwide, Russia is now seen as a main cause of it. Fears that the Russian central bank might be
      The Economist  -  543 words
    • Article
      ANALYSIS
      418 7 Outlook for Asean currencies remains weak OUR latest weekly survey of market players suggests that the negative tone for regional currencies will continue this week and, indeed, for the month ahead. The central point is that the market does not expect the regional units to put up a stronger
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    • Article
      Lock icon TAKE WEEK AHEAD
      333 7  -  Compiled by Larry Wee Sources: ABN-Amro (ABN) ABN-Amro (ABN). MMS International (MMS) and Independent Economic Analysis Holdings (IDEA) United States Tomorrow: April factory orders should come in at a better clip than March's 0.3 per cent rise. Expect a rise of between 1 per cent and 1.7
      Sources: ABN-Amro (ABN); ABN-Amro (ABN). MMS International (MMS) and Independent Economic Analysis Holdings (IDEA)  -  333 words
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      254 7 L. ii 3^m m £l '•tu_ i-yiiji't IE Telstra has a new client. The Sydney 2000 Olympics. resolution than we've ever seen before. The job at hand is the first fully digital transmission of an None of this was possible, until Telstra applied the same Olympic Games and will enable
      254 words
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  • REGION
    • Article, Illustration
      Lock icon India stocks fall 2% on post-budget blues
      531 8  -  Rupee hits new low; rise in import duties, absence of market incentives cited From Rajendra Bajpal in New Delhi INDIAN share prices fell for the second straight session after Monday's budget as investors bemoaned a rise in import duties and the absence of
      AFP  -  531 words
    • Article, Illustration
      India's hotchpotch budget
      534 8  -  COMMENTARY The BJP-led government's maiden budget had Its moments but tailed to deliver By Vikram Khanna AS India's Finance Minister Yashwant Sinha took the podium in parliament in New Delhi on Monday to deliver his maiden budget, there were several questions in the air that he was
      534 words
    • Article
      Portfolio capital flow into China up 300%
      293 8  -  Jump unexpected as B-share market hit by Asian crisis By Lu Ning DESPITE the Asian financial crisis that has decimated the region's stock markets, China's net portfolio capital inflows jumped by almost 300 per cent last year, according to the Chinese foreign exchange
      293 words
    • Article
      Lock icon PM Goh congratulates President Estrada
      186 8 The Straits Times PRIME Minister Goh Chok Tong has extended his warmest congratulations to new-ly-elected Filipino President Joseph Estrada, saying that he was confident that under Mr Estrada the Philippines will continue to prosper and progress. The one-page letter dated May 30, which was released
      The Straits Times  -  186 words
    • Article, Illustration
      Lock icon HK goes all out to win over tourists
      573 9  -  It will sign more air services accords, develop attractions, target new markets From Loh Hui Yin in Hongkong MORE air services agreements, new tourist attractions, finding new markets, and even cleaner public toilets are part of Hongkong's all-out bid to put itself
      FILE PHOTO  -  573 words
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      119 8 fIJLjH*- i m I >B I^^^K^^MfcpWHl^Mi SQMMnP^ 'mhMbIF jfr&zi V >£» M When you stay at a SOMERSET residence, you'll enjoy the comforts of modern amenities. And be pampered with service that is warm and gracious. T7 I? C C"T You'll also be able to ehoose from a wide range
      119 words
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      169 9 wm I > v -,i s ,<v- vCZti, IOfficial Ministerial Car Of The 3rd APEC Telecommunications Information Ministerial Meeting, 1-5 June 1998. ne, ercedes-Benz will drive the Information Age. We will proudly chauffeur the APEC ministers whose decisions will hasten L the progress of globalmng infocommunications. After all, it's only
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  • THE WORLD
    • Article
      Lock icon US index of leading indicators up 0.1% in April
      501 10 WASHINGTON Gange shows almost no risk of a recession in 1998, says Conference Board Reuters Bloomberg AFP THE index of leading indicators, a gauge of future trends in the US economy, rose 0.1 per cent in April, showing that the economy
      Reuters; Bloomberg; AFP  -  501 words
    • Article, Illustration
      Lock icon Yeltsin calls on business barons to support Kremlin
      451 10 MOSCOW He tells them to help restore confidence in Russia's economy AFP PRESIDENT Boris Yeltsin, battling to stave off a financial crisis in Russia, will gain some "support" from business barons he summoned to the Kremlin for talks yesterday, his spokesman said.
      AFP  -  451 words
    • Article
      Lock icon Blair meets Belfast politicians in bid to boost peace accord
      265 10 BELFAST AFP BRITISH Prime Minister Tony Blair met Northern Ireland politicians yesterday to shore up the province's peace accord, but faced pressure from hardline Protestants to force the IRA and other paramilitaries to disarm. The issue of decommissioning is seen
      AFP  -  265 words
    • Article
      Lock icon NEC to invest US$l.4b in California chip plant
      286 10 ROSEVILLE Bloomberg NEC Corp, Japan's largest microchip maker, said it plans to invest US$l.4 billion (552.4 billion) during the next four years in a new computerchip factory in Roseville, California, which will be able to produce four times as many chips as
      Bloomberg  -  286 words
    • Article
      Lock icon Pledge to keep UK budget balanced over next 3 years
      380 10 LONDON AFP BRITISH Chancellor of the Exchequer Gordon Brown, the self-styled "Iron Chancellor", again brandished his fiscal authority yesterday, insisting that Britain will keep a balanced budget over the next three years. And Mr Brown said that Britain would show
      AFP  -  380 words
    • Article
      Lock icon Three UK venture capital funds set up for smaller hi-tech firms
      306 10 LONDON Such fands vital to growth, employment: Gordon Brown Reuters BRITAIN'S Chancellor of the Exchequer Gordon Brown yesterday announced the birth of three venture capital funds to support smaller hitech companies. The funds will provide capital totalling £240 million
      Reuters  -  306 words
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      981 10 Notice is hereby given that the Thirteenth Annual General Meeting of the Company will be held at the Board Room, 5006 Ang Mo Kio Avenue 5 #05-01/12, Techplace 11, Singapore *****3 on Monday, 22 June 1998 at 12.00 noon for the following purposes 1. To receive and adopt the Directors'
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  • EDITORIAL & OPINION
    • Article, Illustration
      UK can't afford old hatreds against Japan
      793 11  -  THE BOTTOM LOVE OPINION By Neil Behrmann The writer is BT's London correspondent ABOUT a thousand Japanese prison of war camp survivors delivered a calculated snub to Emperor Akihito when he visited London last week But despite the raised heckles, it was clear
      793 words
    • Article
      IN OTHER WORDS
      99 11 'Everything is in flux. Things can change tomorrow in a moment This could be a short breath of freedom after the emperor is deposed.' Poena wan Mohamad the editor of the magazine Tempo, which was shut down by the Indonesian government in 1994. 'Now you have 1,000
      99 words
    • Article
      Japan may need to let yen drop
      641 11 EDITORIAL IT is rapidly becoming orthodox to advocate that Japan spend and inflate its way out of its economic mire whereas until recently, this was regarded as dangerous heresy. What has not yet been accepted as conventional wisdom but may have to be
      641 words
    • Article, Illustration
      Lock icon Euro deserves a go
      1338 11  -  EMU could be just the tonic for Europe and it's not the end of the world if it fails By] Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology. This commentary first appeared in The Los Angeles Times THE European Monetary Union
      FILE PHOTO  -  1,338 words
    • Article
      WHAT THE OTHERS SAY
      787 11 T? law takes centre stage ON television these days, you can throw a dead cat over your shoulder and be likely to hit one or more lawyers, yakking their heads off about cases they have nothing to do with, speculating promiscuously about the guilt of public
      787 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      76 11 DOOHESttunY By Garry Trudeau •fm X-CAMPIN6 M£OA (N TT MEANS FOURYEARS OF THE JUPGE HA6 ROB 8&? ME urns rock are oesronpent. harp work domn the to/let/ of closure!never again Wanppgt/n- J steady,\ 1 rVE BEEN ON THE PAULA CAN I tURTTE ABOUT TROOPERS f 6UISH/NG J LAP. SOUHATOOESTHE\ JONES
      76 words
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  • FOCUS
    • Article, Illustration
      Lock icon S'pore civil society in a web world
      1641 12  -  The tembusu tree may well be the answer for the relationship between the state and civil society to evolve into a mutually reinforcing one W Yang Razali Kassim The writer, BT's regional analysis editor, participated in the IPS conference on Civil Society: Harnessing
      ST/JEROME MING  -  1,641 words
    • Article, Illustration
      Lock icon An autonomy-partnership tightrope
      799 12  -  AMP offers a model for working in partnership with the state while retaining its independence By yang Razali Kassim The writer is a founder member of AMP and was formerly chairman of its executive committee. IN 1990, a group of Malay/Muslim professionals was busily laying the groundwork
      FILE PHOTO  -  799 words
  • Page 12 Advertisements
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      87 12 mbSf mmmmmSmM More contact hours with Hull Faculty members including internationally-acclaimed finance specialists and professors Internationally-recognised Degree Completion m 18 months (MBA in Health Services Management can be completed in 24 monthsl Direct Entry to DBA/Ph D. MBA Preview oynQ* s3o r r? u d v 6.30 to 7.30 pm
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      Page 12 Advertisements Column 2
      53 12 The (Best Cjift 'You Can 'Ever (jive To 'Your Qem ''j|fp"' Dale Carnegie Course® Qammunkailm S.£eadeufiip, (o^l3-17) Strengthen Self-Confidence Make Successful Presentation Improve Interpersonal Skills More Po^jy^||g^ctive Oercome WoriuAiTe^sion Set Goal To Hcfpffcademically FREE Preview for parents and youth 5 June '98 (7.30pm to 9.30pm) Please call S 220-3836 Success
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      45 12 I LOVE MY TOPUSS CAR "I wanted a car that lets me feel the wind In my hair. I knew exactly where to look for one Classification 353." jk\ Whether you're selling or buying jSjV a sports car, coupe or cabriolet, use Classification 353. a.
      45 words
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      495 13 m Buy It. Sell It. Find It Classified. ca.ta| Call Today For Results Tomorrow. 1800-*****66 Where to wine, dine and entertain... S igffS Igjga kttp ://www. ana-hotels. com Not juat mfooJ either. Viait our home page and you can order tonight a dinner from our cyber aelection. Browae through the
      495 words
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      114 13 I RELISH PINE COURT CHINESE RESTAURANTS BEIJING DUCK FOR ONLY $25+++ 4 Reservations: S3l 6262/66 US CHINESE 555 Orchard Bowl. Singapore SMS67 RESTAURANT Td 757 4411 2SH\ K*y 7H\ June only Do*'f miss H\e unique Hew Orle«ms cuism« of Hut big C*l«bnVy eive£ Hij jijn#»fur« Aiskes, re-Ore«t«4 fey our exf«rf
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      525 13 TV&BAPIO &0 showbuzz. Mm it i3O PMTV fnnnvatinnc 9 Talking Point. 9.00 AMCDIS. ,^n 4M Kidz RIT SL™ 30 x "Files(Lastep). 10.00 TV Shopping Network. m Goofs P 10J0 News 5 Tonight. LOO PM Innovations. v°P IS ILOO Business Day. 3.00 CDIS 5.00 WhVßurrilv U-l» FVasier Mixed Dou- 4.00 Balada
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    • Miscellaneous
      Page 13 Miscellaneous Column 2
      111 13 CHVFTIC CROSSWORD M fton, ""—"■WW 3 Argument as loud suit is clay (10) picked up (4) 17 Manx house needs sound 4 No car race includes motor- ashlar in vital position (8) way, as a rule (8) 19 Such books no use to fact- 11 ■fakffwt 5 Minister gives signal
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  • WIRED FOR BUSINESS
    • Article, Illustration
      A network amphibian
      708 14  -  FedEx is equally at home with moving packets of cardboard or packets of electronic data RAJU wHwr.r.>ii« reports RAJU CHELLAM HERE'S a company that gets five million hits at its Web site a month, helps customers track 2.2 million packages on the Net over the same period,
      708 words
    • Article
      Bringing businesses together to do business
      418 14  -  Asian Sources Media plays middleman to great advantage By' Toh Han Shih [SINGAPORE] Being profitable on the Net is no mean feat, considering that some major Internet firms are still in the red despite huge and fast-growing sales. The Asian Sources Media Group is
      418 words
    • BOOK marks
      • Article
        Web-baaed personal calendars
        88 14 WEB users can set up their own interactive personal calendars on the Net through a free service WebCal. Registered users can keep track of their personal and business appointments. One erf the biggest advantages of a Web-based personal calendar is that users can access it anytime and
        88 words
      • Article
        online banking catching on in US
        71 14 BANKING on the Internet is catching on in the US, luring customers with higher interest rates and the convenience of home banking. According to the "Online Banking Report", almost Ave million people, or 5 per cent of the US population, are engaged in online
        71 words
      • Article
        Net shopping to hit US$ 26b by 2002
        53 14 INTERNET users will spend US$26 billion (S*44 billion) on online shopping by 2002, according to the "1998 eCommerce Report" published by eMarketer. The fastest growing sector is expected to be business-to-business. Other sectors which will benefit include computer software and hardware, book
        53 words
      • Article
        Canadians baying Viagra via the Net
        97 14 THE popular male potency drug Viagra (www.viagra.com) has not been approved for sate in Canada but already Canadians are buying the drug through the Internet A recent Reuters investigation revealed that Canadians can obtain Viagra easily by consulting a "cyberdoctor" on the Web. This
        97 words
      • Article
        Vims protection software deal
        40 14 IBM and software utilities firm Symantec have signed an agreement to develop and market virus protection software. They will deliver a single family of anti-virus products to be marketed under Symantec's Norton Anti Virus brand name.
        40 words
      • Article, Illustration
        Borders' e-commoroe web site
        61 14 BORDERS Books and Music has launched its e-commerce Web site, Borders.com (www.borders.com). The online store offers books, music and videos for sale. The site will also feature Salon, a popular online culture magazine, and Net cafe, where users can chat online. Borders competes with the other
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      • Article
        Citibank to use Netscape's software
        56 14  -  Co—jflwlfcy Francis Ang IN A deal with Netscape Communications, Citibank will use Netscape's software for its e-commerce sites, intranet, extranets and to host applications for bank customers. The deal will boost Citibank's use of electronic data interchange (EDI), which performs automated online e-commerce and financial
        56 words
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      183 14 e-butinew <§> vm e-business Searty E-BUSINESS: MAKING INTERNET Planning and BANKING MORE SECURE. SX* architectures. In transforming your business into an e-business, the single most important issue is security. That's why United Overseas Bank worked with IBM when EU LUULtfI it decided to become an e-business. More specifically, we've Netrust
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SembCorp, STIC stocks tumble on news of merger
      424 15  -  Analysts see tie-op as a bailout of the hitfhlv-tteared SembCorp Ry( Conrad Raj [SINGAPORE] The listed shares of Sembawang Corporation and Singapore Technologies Industrial Corporation fell sharply yesterday following the companies' merger announcement on Monday. SembCorp plunged 43 cents to $2.65 a
      Source: Bloomberg  -  424 words
    • Article
      C&C Bintang may extend shutdown of plant
      347 15  -  Car sales slow to 80-90 a month against 480 in 1997 By< Christopher Tan [SINGAPORE] Motor group Cycle Carriage Bintang's shuttered car plants in Malaysia may remain dormant longer than expected, according to sources. "We are reviewing the situation and will be negotiating
      347 words
    • Article
      New twist in Renong-Honan land dispute
      353 15  -  By] Meera Tharmaratnam in Kuala Lumpur THE dispute over Renong Bhd's township project in Gelang Patah in Johor state has taken a new legal twist. Renong and its two co-de-fendants have been granted leave by the Federal Court to appeal against a Court of
      353 words
    • Article
      Bank customers must change their mindsets
      678 15  -  HOCK LOCK SIEW Wong Wei Kong THE recent customer unhappiness over rising bank charges and interest rates highlights one thing: just as Singapore banks must rethink the way they do business in order to stay competitive, bank customers must also be prepared to change
      678 words
    • Article
      15 S'pore groups among Asia's top electronics finns
      491 15  -  HE magazine's 1997 ranking sees S'pore gaining 3 more spots By Jennifer Lien [SINGAPORE] Fifteen listed Singapore electronics companies have made it to Electronic Business Asia's annual ranking of the region's top 100 electronics companies. The 1997 list, compiled by the widely-read
      491 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Sally Aw's bid to sell control of Sing Tao hits snag
        411 16 i&fow terms being discussed after questioned inline of real assets Bloomberg HfHONGKONG] Sally Aw's to sell majority of Sing Tao Ltd, the newspaper empire that her father founded in 1931 on the profits of his cure-all ointment, Tiger Balm,
        Bloomberg  -  411 words
      • Article
        Lock icon Sampoerna posts 643b rupiah Q1 loss
        278 16 Reuters [JAKARTA] Indonesian cigarette giant Sampoerna said on Monday that it had posted a first-quarter net loss of 642.77 billion rupiah (5591.9 million) due to heavy foreign exchange losses and swap costs. PT Handjaya Mandala Sampoerna said the firstquarter loss contrasted with a 99.56
        Reuters  -  278 words
      • Article, Illustration
        Lock icon Royal Ahold aims for up to 1,000 Tops stores in Asia
        434 16  -  By, Jenny Lam [SINGAPORE] The regional slowdown notwithstanding, Dutch supermarket giant Royal Ahold is pushing ahead with its aggressive plan to have up to 1,000 Tops stores in Asia within three years. It is also looking to at least
        ARTHUR LEE  -  434 words
      • Article
        New chief for SIA's terminal services unit
        132 16 [SINGAPORE] Singapore Airlines (SIA) has appointed Karmjit Singh as acting chief executive of SATS Airport Services. Mr Singh will relinquish his current position as SlA's assistant director of corporate affairs to take up the new post at the group's terminal services unit on
        132 words
      • Article
        Metro Pacific shares hit by probe into Suharto-Sato ties
        266 16  -  From, Al Labita in Manila INDONESIA'S probe into the business links of the Suharto family with the Salim Group led to a selldown yesterday of shares of its listed Philippine flagship. Metro Pacific Corp (MPC) dived 11.7 per cent to 1.36
        266 words
      • Article
        Lock icon BeRjaya Singer: Wind-up bid of no material impact
        252 16 Reuters [KUALA LUMPUR] Malaysia's appliance maker Berjaya Singer Bhd said yesterday that the company was solvent and that a winding-up petition against it will not have any material impact. "The board would like to inform that Singer is solvent, well and is
        Reuters  -  252 words
      • Article
        Morgan Stanley rapped by HK stocks watchdog
        428 17  -  It failed to disclose in May' 97 that IHD was close to baying stake in China bank From* Quak Hiang Whai in Hongkong THE Hongkong Securities and Futures Commission yesterday reprimanded Morgan Stanley Asia for failing to disclose material information when it was
        428 words
      • Article
        Lock icon Fairfax revamps operations; steep job cuts expected
        421 17 Move coincides with shake-op in company boardroom Reuters [SYDNEY] Newspaper publisher John Fairfax Holdings Ltd is streamlining its administration and accounting, spurring large redundancies in those areas, finance director John Greaves said yesterday. He also said Fairfax was looking at broader staff cuts,
        Reuters  -  421 words
      • Article
        Lock icon Properly firm lost HK $l.2b in stock market
        158 17 Bloomberg [HONGKONG] Chinese Estates (Holdings) Ltd, a Hongkong property developer and investment company, lost HK$l.l6 billion (***** million) on equity derivatives trading last year, the South China Morning Post reported. The newspaper cited the company's annual report which hasn't yet been released
        Bloomberg  -  158 words
      • Article
        Lock icon GM likely to inject US$2b for 3040% of Daewoo
        158 17 AFP [SEOUL] US auto giant General Motors is likely to inject US$2 billion (553.4 billion) in South Korea's Daewoo Motor in return for a 30-to-40 per cent equity stake, a report said yesterday. Daewoo Motor, like other local car makers struggling
        AFP  -  158 words
      • COMPANY Briefs
        • Article
          Lock icon De La Rue to cut capacity by 25%
          99 17 Bloomberg [LONDON] De La Rue pic said it will cut its banknote printing capacity by 25 per cent as implied second-half profit at the world's biggest supplier of banknotes fell 35 per cent It also said it agreed to sell its loss-making
          Bloomberg  -  99 words
        • Article
          Lock icon Indian trakmaker bit by profit slump
          52 17 AFP {BOMBAY] India's largest truckmaker, Tata Engineering and Locomotive Co Ltd, announced a 61 per cent plunge in net profits to US$75 million (*****.5 million) for the fiscal year to March 1998 yesterday. Sales were down 27 per cent to US$l.B7 billion, the company
          AFP  -  52 words
        • Article
          Lock icon Siemens to invest 600m marks in plant
          56 17 Bloomberg [MUNICH] Siemens AG, Germany's largest electronics and engineering company, said it will invest 600 million deutschemarks (Sss6B million) in a new computer memory-chip factory in Vila do Conde, Portugal. Siemens said the factory, near Porto, completes a global network and will supply
          Bloomberg  -  56 words
        • Article
          Lock icon Telstra fights antitrust antitrust in court
          66 17 Bloomberg [SYDNEY] Telstra Corp, Australia's dominant telecommunications company, said it launched court action against the nation's antitrust regulator in a battle over Internet charges. Telstra said it took the action after the Australian Competition and Consumer Commission felled to withdraw a competition notice against
          Bloomberg  -  66 words
      • Article
        Lock icon Peregrine liquidator's report out soon
        157 17 AFX-Asia [HONGKONG] Peregrine Investments Holdings Ltd liquidator David Hague will next week publish an account of what caused the collapse of the Hongkong-based investment bank as well as the expected payout to the firm's creditors, the South China Morning Post reported. The newspaper quoted Mr
        AFX-Asia  -  157 words
      • Article, Illustration
        Lock icon Hugo Boss plans to open 12 new stores in Asia
        473 17  -  New franchised stores over the next 6 months to cost $3m By, Jenny Lam [SINGAPORE] German men's fashion group Hugo Boss plans to open 12 new franchised stores in Asia at a total cost of about $3 million within the
        CHRIS LOH  -  473 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon GEC Alsthom announces IPO worth US $4.sb
        481 18 Train maker to sell up to 50.3% of shares at 190-220 French francs each Bloomberg (PARIS] GEC Alsthom, the world's No 2 train maker, said it will sell up to 50.3 per cent of its shares in an initial public offering worth as
        Bloomberg  -  481 words
      • Article, Illustration
        Lock icon Intel shares fall to year low on Merced delay
        473 18 Bloomberg [SANTA CLARA, California] Intel Corp shares fell nearly 5 per cent to a 52-week low after the world's largest computerchip maker delayed its advanced Merced processor by at least six months. Intel fell 3 7/16 to 68 in trading of
        Bloomberg; Sourcc Bloomberg  -  473 words
      • Article
        Lock icon lomega cuts prices by as much as 26%
        292 18 Slowing PC demand, slumping sales prompt measure Bloomberg [ROY, Utah] lomega Corp, which makes devices that store computer data, has cut prices on its newest Jaz disk drives and disks by as much as 26 per cent in an effort to boost
        Bloomberg  -  292 words
      • Article
        Lock icon Touch down, dial out with new Bosch phone
        206 18 Bloomberg [NEW YORK] Bosch Telecom Gmbh and Audiovox Communications Corp announced a partnership to begin marketing a new wireless telephone that allows users to make calls in countries other than their own. The phone, called the Bosch World 718, will be distributed
        Bloomberg  -  206 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon HK banks to see sharp drop in interims: Merrill
        315 19 Sector moved from high to zero loan growth situation Reuters [HONGKONG] Hongkong's banking sector is likely to see a decline in earnings this year, with a sharp fall of maybe 10 to 15 per cent possible at the interim stage given
        Reuters  -  315 words
      • Article
        Lock icon FASB goes ahead with derivatives rules
        261 19 Bloomberg [WASHINGTON] The Financial Accounting Standards Board (FASB) has voted unanimously to issue a controversial rule requiring public companies to report the fair-market value of derivatives in their balance sheets beginning in the middle of next year. The FASB will publish details of the
        Bloomberg  -  261 words
      • Article
        Lock icon Fed adopts low capital rule for bank holding companies
        165 19 Bloomberg [WASHINGTON] The US Federal Reserve has adopted a final rule that could allow some bank holding companies to hold less capital when they engage in some activities. Banks must count a certain amount of their equity, known as Tier I
        Bloomberg  -  165 words
      • Article, Illustration
        Asian refiners urged to restructure, arbitrage
        588 20  -  Shell S'pore chief expects Asian demand growth to be reduced for at least the next two years From Ronnie Lim in Kuala Lumpur ASIAN oil refiners will have to learn to live with volatility and to take advantage of global arbitrage opportunities, or "bubbles
        588 words
      • Article
        Brazilian bank opens brokerage office in HK
        535 20  -  Boz&no, Simonsen sees opportunities even as economic tnrmoil shakes Asia From, Loh Hui Yin in Hongkong BRAZILIAN bank Banco Bozano, Simonsen believes in the adage that in times of adversity, there will be opportunities. It has, at the height of the region's economic
        535 words
      • Article
        Lock icon Partners will vote soon on Goldman Sachs IPO
        296 20 FT [NEW YORK] Jon Corzine, co-chairman and co-chief executive officer of Goldman Sachs, on Monday told the firm's 11,000 full-time employees that the listing of Wall Street's largest remaining partnership on the stock market would be discussed at a meeting of partners
        FT  -  296 words
      • Article
        Lock icon Traders nervous as JGBs hit new high
        253 20 rumriii Report Reuters [SINGAPORE] Simex Japanese government bond (JGB) futures powered ahead relentlessly, closing at yet another record high yesterday. But traders were getting nervous saying the market has been overbought. "Players are getting very cautious about the JGBs. But a lot of
        Reuters  -  253 words
      • Article
        Futures rise on short covering
        184 20  -  MSCI TAIWAN FUTURES Charlie Kilo Charlie Kuo, service dealer, Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Index futures rose slighUy on short covering by local and Taiwan retailers. The June '98 contract finished up 0.7 point to 292.3 points while the July '98 contract rose
        184 words
      • Article
        Lock icon Oil moves sideways in glutted market
        238 20 ENERGY REPORT Reuters [LONDON] Sickly world oil markets ticked sideways yesterday maintaining the pressure on producers to consider further cuts in output from a glutted market. Benchmark British Brent blend clawed 12 cents to U5514.35 a barrel at 1534 GMT. But Brent is running
        Reuters  -  238 words
      • Article
        Lock icon CURRENCY REPORT
        289 20 AFX-Asia AFP London THE yen continued to recover steadily against the dollar and other major currencies in late trade as mounting speculation that G-8 deputy finance ministers are set to discuss the weakness of the yen, along with Russian financial problems, at a meeting in Paris next week
        AFX-Asia; AFP  -  289 words
      • Article, Illustration
        Untitled
        1210 20 mTBEBAWI CROSS EATBS Jun2 c$ —0 ICU nr 9m HIU mdOstein Yw Wan H WgNfcts Nat tod Sir WT$ Oafct Nwd US$ Australia 0.894 6178 0-555 3-664 1093 4794 25*32 72.0* 0.854 8.610 2.421 1.86 ***** 24.025 1036 3.192 0.906 ***** 25.982 0.375 0414 Canada 118 5.494 0.420 4497 1222
        1,210 words
    • Article
      COMMODITY PRICES
      1724 21 sicoMnmrmBg Jim 2 RUSKR (futures dosing as it 5J0*«) KSSI CONTRACTS ctntsAq) Close Volume Open Mowtli Hjgh Low Sott (towws) Interest Jul 98 126.50 125.50 125.50 150 1265 A,ug 98 127.00 125.75 125.75 350 1865 Sep 98 128.00 127.00 127.00 350 1015 Oct/Dec 98 131.00 ***** 131.50 600
      1,724 words
    • Article
      WORLD STOCK MARKETS
      2297 21 LONDON Mwtriais *m 2 Nki 31 Group 615.400 -10.600 AB Ports 351.000 -1.400 Abbay National 1071.000 -19.000 AlHad DomacQ 615.000 5.000 Aline 195.000 0.600 Asda Group 181.400 -0.200 BAT Ind 552.000 -2.000 BG PIC 316.600 1.600 BtCC 164.000 -1.400 BOC Group 965.400 -8.600 BRPatrolaum 884.400 -3.600 BTR
      2,297 words
    • Article
      Lock icon TOKYO
      1614 21 Bloomberg U Nikkei 225 *233.42 JAPANESE stocks gained for the first time in three days as pension funds bought companies with consistent earnings and recent declines in price, such as East Japan Railway Co. "With Asian economic uncertainty intensifying and the yen weakening, pension funds are shifting their money
      Bloomberg  -  1,614 words
    • Article, Illustration
      Lock icon HONGKONG
      1513 22 Reuters Q Hang Seng -1184 STOCKS erased most of their earlier losses to close yesterday slightly down but concerns about a shrinking economy and a weak yen continue to dog the market, brokers said. The blue chip Hang Seng Index closed down 13.84 points, or 0.16 per cent, at
      Reuters  -  1,513 words
    • Article, Illustration
      Lock icon CHINA
      607 22 Reuters n Shenzhen B Index -Q7 SHENZHEN'S hard currency B Share Index closed lower in stagnant trade yesterday as more investors cut their holdings due to concerns about weakness in the neighbouring Hongkong stock market, analysts said. The B Index lost 0.37 point, or 0.40 per cent, to 92.01
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  607 words
    • Article
      Lock icon TAIPEI
      345 22 AFP □wPlniex -40M SHARE prices fell 0.5 per cent yesterday as a technical rebound following the previous day's sharp losses tapered off. The Weighted Price Index dipped 40.61 points to 7,565.64 despite the government's announcement late Monday that it would speed up the screening of funds applying to enter
      AFP  -  345 words
    • Article
      Lock icon WELLINGTON
      256 22 AFP n Wellington -7.88 NEW ZEALAND stocks yesterday fell 0.4 per cent amid Asian economic uncertainties to levels last seen in 1996. The NZSE-40 index was down 7.85 points to 2,173.98 on turnover of NZ5120.5 million. The market had earlier dipped as low as 2,161.50, its lowest level since
      AFP  -  256 words
    • Article, Illustration
      Lock icon BANGKOK
      814 22 AFP SET Index +0.6 THE Thai share market overcame selling pressure to stage a late afternoon rally and close 0.2 per cent stronger yesterday, its first gain in six sessions, analysts said. But dealers said the market still had not hit its bottom as external factors such as the
      AFP  -  814 words
    • Article
      Lock icon SEOUL
      400 22 AFP Q Composite Index -1160 SOUTH Korean share prices lost 3.7 per cent yesterday, weighed down by steady foreign sell-offs in core blue chips and the weakening Japanese yen, dealers said. Foreign investors were net sellers, focusing on stocks such as Hyundai Electronics and Samsung Electronics and Kepco, dealers
      AFP  -  400 words
    • Article
      Lock icon SYDNEY
      585 22 AFP D AH Ordinaries -18 AUSTRALIAN share prices slipped 0.7 per cent yesterday but rallied off their lows in a futures-led recovery as investors snapped up oversold stocks. The All Ordinaries Index fell 18 points to 2,671.1. The All Resources Index eased 12.1 points to 1,080.0 and the All
      AFP  -  585 words
    • Article, Illustration
      Lock icon JAKARTA
      725 22 AFP n Composite Index -14.48 INDONESIAN shares closed 3.5 per cent lower yesterday after the release of gloomy government economic indicators drove away investors, dealers said. "It is very difficult to predict when foreign investors will return to this market," a local broker said. "I think as long as
      AFP  -  725 words
    • Article
      Lock icon MANILA
      299 22 AFP □■Mil* -4M7 Philippine share prices tore through a crucial support level yesterday, falling 2.5 per cent in the eighth straight decline, but some analysts held out hope the worst could soon be over. The Composite Index declined 49.97 points to 1,946.08, breaking through the 1,950point level. Volume rose
      AFP  -  299 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares off highs after technical rebound
        388 23 AFP Q Composite Index +2.61 MALAYSIA'S key stock index rose 0.5 per cent yesterday but ended off earlier highs on a technical rebound following days of continuous losses. The Composite Index added 2.61 points to close at 520.61, after touching a high 0f535.24 points.
        AFP  -  388 words
      • Article
        Untitled
        7950 23 INDUSTRIALS Consumer products W9e L»»« Vol Day Net Cap High Low Cnnwny Ml OOP HHI» Low P/t $mN 3 J2 «?2 Ajinomoto 235 3 3 235 235 13.0 95.3 148 62.5 Angkase 70 7 1 70 70 16 103 2 122 112 i 0OW<> Fm<ihi 5 1 165 165 4.8
        7,950 words
    • WARRANTS & OPTIONS
      • Article
        Timbermaster wrt offers no bargain
        184 24  -  WARRANT WATCH -By R Sivanithy THE Malaysian Second Board has completely melted, with its index now at a six-year low. However, despite the widespread devastation the board has suffered, there are no "bargains" to be had, not as far as the numbers go. Take for
        184 words
      • Article
        Untitled
        3384 24 MUM, LOAMS ft VMMRTI wt 1*M Last Vol Day Last Oust* Avfl Ml«l> Law Stno Company Sato **r- fOOOl Ht«rt Low Buyor SoNor Prtco 23.5 9 m 3000 m AMOB c5.5******6 12 -0.5 12 12 12 12 13 20.5 8 3160 "Acor ******1 US$ 8 unch 5 8 8 5
        3,384 words
    • Article
      CLOB INTERNATIONAL
      2287 24 Transaction date Jun 2 mmmm* mmmviwmtSBmmmm Or Qr 1998 .Last VaO Day LaatOnata Ok Dk W M MCap Law Stow Cimm Sate roop) HM» U» Biryar hht Or W laaB 135 28 mi 5000 AISBSOc 515 *1 213 54 493 513 52 10 3J 2.1 ZV2 528 65.5
      2,287 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6518 25 Transaction date: Jun 2 I QQt> Or Gr M m J 99 L»«« Vol Day LaatOuata Div Olv YM Mat Cap L m S,M Company Salt COOOt High Low Buyof S«l»r C »r P/E $mll Prtca INDUSTRIALS 43 '6.5 a 1020 ACE 0ynamics60c 16.5
      6,518 words
    • Article
      SESDAQ
      1127 25 Or Or Mm 'Ma Laat Vat Day Last Quat# Otv Mv YM Nat Caa Ava Hlgfc Law StNa CiMM»y »a*a fOOO) m» Law Buyar »a8ar Cw HI t— Ww 134 79.5 a 2000 ABR Mldgs 5c 85 *5.5 1 85 85 79 86 415 81 243 76 a 2049
      1,127 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        222 26 »«>» tttmm Easyknit HKIOc 20,054,000 SingTel 15c 8,971,000 TAC BtIO 200 8,331,000 OairyF US5c 8,222,000 *M Resources 7,853,000 •MBf Capital 6,837,000 Hotung Inv NT5 6,316,000 •RHB Cap Wt99 5,955.000 MOIL US5c 5,803,000 STEngglOc 5,516,000 Stacks J SingTel 15c 21,589.962 DBS Foreign 15,584,707 SIA Foreign 13,212,925 TAC BtIO 200 10,800,594 SPH
        222 words
      • Article, Illustration
        HOT STOCK
        70 26  -  -by\ Shiv Taneja SINGAPORE Airlines' foreign tranche closed 10 cents lower yesterday at $9.05 on a volume of 1.45 million shares, compared with its 10-day traded average of 1.72 million shares. In the near term, the counter, which is trading near its two-and-a-half-year low, is likely to trade
        70 words
      • Article, Illustration
        Property stocks hit again as STII sinks further
        672 26  -  STOCK MARKET COMMENTARY No respite from recessionary fears and regional weakness; Sembawang, STIC shares hit as market views merger with scepticism By R Sivanithy [SINGAPORE] The loss of faith in local equities continued to make itself felt yesterday as the Straits Times
        672 words
      • ON THE GRAPEVINE
        • Article
          Calling card, literally
          117 26 CORPORATE types worried about your contacts junking your precious namecard may want to take a cue from the corporate chiefs who work for British smartcard maker, GPT Ltd Executives from the United Kingdom'B leading payphone and phonecard supplier found their name cards instantly popular with scribes who
          117 words
        • Article
          Menswear rating downgraded
          132 26 JAPANESE suits the literal sort are in trouble. According to yet another timely report by ratings agency Moody's, retailers of menswear in the country of the rising sun are headed for a slump in business. Japan's two largest specialty chains for men's apparel—Aokl International and Aoyama Trading—have
          132 words
        • Article
          Towards 8,000 first
          126 26 HONGKONG'S stock market, it seems, is the place to be —at least according to Morgan Stanley. In a strategy report two weeks ago, the US investment bank said it estimates fair value for the Hang Seng Index to be 14,000-14.500, compared to around 8,600 now. However, Morgan
          126 words
        • Article
          Excuse me, are yon a PIO?
          133 26 YOU think hassle-free travel to India is a pipe-dream? Maybe not If you are of Indian origin but hold a foreign passport, and have to do battle with India's infamous bureaucracy every time you try to get a visa to travel to India, help
          133 words
        • Article
          Piracy busted
          52 26 HERE'S one that didn't get away. The anti-piracy watchdog, Business Software Alliance, has just busted a software piracy store called Twister. The raid party seized 871 counterfeit CD-ROMs and filed 62 charges at the Singapore Magistrate's Court this week. The owner pleaded guilty and was handed a six-month
          52 words
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      62 15 PmF* -t.y., -r ~W y T Tm* UIV PROPERTY FINANCE FROM SINGAPORE. i^agl For further information, please contact either Jlli 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
      62 words
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      169 16 siness news •llJlb** Nihon Keizai Shimbun,^ x >• Three million readers a day can't be wrong THE NIKKEI WEEKLY J Precise, powerful, Asia-wide business news v Circulations Tel: 813-5255-2164, Fax:Bl3-5255-2678 Advertising Tel: 813-5255-2196, Fax: 813-5255-7769 NIKKEI JAPAN NEWS RETRIEVAL NdT Free-term access to twenty-five years of High-tech, Markets, financial data
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      626 17 k*jl vl t*] *T"^» K tj nltil £~J® »^^S!9WK a Jk C An offer only World Perks could make. Join today to fly free fester! Between now and September 30, 1998, take just two qualifying This World Perks promotion is valid for qualifying flights from now roundtrip flights in First
      626 words
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  • Page 18 Advertisements
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      98 18 30 MINUTES COUNSELLING EACH WEEK THAT COULD CHANGE I I THE FUTURE OF YOUR BUSINESS. I Asia m tjt*t* tetfce definitive TV stride to the economic turmoil affecting the region. As well as I tracking the latest developments the programme provides in-depth analyses of the current 9 |H P'ofcUm* |N
      98 words
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      Page 18 Advertisements Column 2
      919 18 J2imited (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Eighth Annual General Meeting of PRIMA LIMITED will be held at the Registered Office of the Company. 201 Keppel Road, Singapore *****9 on Friday, 19 June 1998 at 2.30 p.m. for the
      919 words
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  • Page 19 Advertisements
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      205 19 I YOUNGI I PLAYS ATI SOMBiSErS I I Jm/3t I I The Eldee Young Quartet I Seems e omes. Eldee Young, one of Qiicago's best known jazz maestro, is bad at Somerset's. H And h,s Quartet is serving up soul-stirring jazz every night from Nay II to September If (except
      205 words
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      237 20 ftSSfl Th e Certified Diploma In Accounting And TSS" Fi^ Ce (CDAF (Awarded by the Association of Chartered Certified Certified Accountants, U.K.) 1 PuMiC A DEVELOPMENT PROGRAMME Accountants executives/managers of Singapore The CDAF is a post-graduate qualification offered by the Association P of Chartered Certified Accountants (United Kingdom). The minimum
      237 words
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      Page 20 Advertisements Column 2
      58 20 NOTICE OF INTEREST RATE Cho Hung Bank Global Medium-Term Note Program Due 2000 NOTICE IS HEREBY GIVEN that the interest rate covering the interest payment period beginning May 26, 1998 and ending on November 24,1998 has been fixed at 6.*****%. The Interest Amount payable on each $250,000 amounts to $7,744.28.
      58 words
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      Page 20 Advertisements Column 3
      10 20 ffM Classified is the mm Call Today For Results Tomonow.
      10 words
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      108 24 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares. This is all you have to do: So, why keep your shares tucked away? u r r Use it for a million purposes. btop by any Hong Leong Finance or
      108 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1301 26 BUSMiiSS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF TANDON COMPUTER ASIA PACIFIC PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the final meeting
      1,301 words
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      Page 26 Advertisements Column 2
      337 26 'cPrima J2imited (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF BOOKS CLOSURE NOTICE IS HEREBY GIVEN that the Transfer Books and Register of Members of the Company will be closed from 1 July 1998 to 2 July 1998 (both dates inclusive) for the preparation of dividend warrants. Duly completed transfers
      337 words
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      Page 26 Advertisements Column 3
      209 26 THE STRAITS TIMES CLASSIFIED f YOUR GUIDE TO MORE PRODUCTS SERVICES [jSj f IN THE MATTER OF SIMBU TRADING CO PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that a Final General Meeting of the
      209 words
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      Page 26 Advertisements Column 4
      79 26 WJV* H and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's
      79 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      330 27 Bridge News Reuters THE tone of the market was bearish with news that the Panama Canal draft is now at 38 feet for bulk carriers. Brokers were of the opinion that charterers will be looking to reduce freight rates further as owners will be able to increase their
      Bridge News; Reuters  -  330 words
    • Article
      MARITIME STOCKS
      276 27 *■1 a *h vti CWT Distribution _047 -0.02 67 ChuanMup 0.40 unci) 55 Coeco Investment 0.74 Freight Links 0J3 -0.01 241 GS Holdings 0-27 Hal Sun Hup 0.44 unch 75 Hitachi Zmn 0.61 -0.02 47 IMC HoMnqs MK 5.60 Joye Holdings 0.395 Jurong SMoy ard 7.55 *0.10 222
      276 words
    • Article
      FEFC ups sharply rates from some Asian countries
      442 27  -  Indonesia, M'sia, Thailand, Vietnam, and some Taiwan ports affected by box shortage By Marcus Hand [SINGAPORE] The Far Eastern Freight Conference (FEFC) is sharply increasing rates to Europe from Asian countries seriously affected by the ongoing container shortage. The increases from Indonesia,
      442 words
    • Article
      New ITF survey on life at sea raises a number of concerns
      758 27  -  stkATT TALE By Seafarer WHAT is life like at sea? Is it getting better or worse? A newly published survey, conducted by MORI and commissioned by the International Transport Workers' Federation, has come up with some of the
      758 words
    • Article, Illustration
      Patrick may close stevedore business
      267 27 Options being studied if dock dispute is not settled soon [SINGAPORE] Patrick Stevedores chairman Chris Corrigan said yesterday the company could withdraw from general stevedoring or speed up the automation of its docks if a dispute with the Maritime Union of Australia (MUA) was not
      267 words
    • Article, Illustration
      Lock icon US asks APL and 9 other lines to provide data on rate setting
      465 27 Bloomberg [WASHINGTON] Neptune Orient Lines (NOL) container division APL and nine other shipping companies were asked by US regulators to provide information about possible illegal rate setting for cargo hauled between US ports and Asia. The Federal
      Bloomberg; FILE PHOTO  -  465 words
    • Article, Illustration
      Lock icon IPOs planned to fund growth
      640 28  -  virgin GROUP Airline, holiday and cinema interests likely to be among public offerings to be made by Branson By. Jonathan Ford Financial Times RICHARD Branson intends to seek stock market listings for a number of Virgin Group companies over the next two years to help
      Financial Times  -  640 words
    • Article
      INDEX TO SHIPPING LIMES AMD FREIGHT FORWARDERS
      368 28 PACE Eng Lee 14 ACl 9 ESP Lines 14 ANL 3 Ethiopian 6 9 Accord 8 Evergreen 6 Ahrenkiel 14 M Appenship 5 EoongSun 8 AsiaOCL 15 Astro 3 Frt Links 16 Austral 9 GLink 4 Avant 16 Gemartrans 8 B'tang Mas 8
      368 words
    • Article
      SHIPPING GUIDE
      18554 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 A To BRISBANE (BNE) 2058 Queensland, Australia To ABIDJAN (ABJ) 2003 os/ot is/06 rcl itha bhum nt 65-*****00 Ivory Coast, Cote
      18,554 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        807 43 ss 4 V»y No Berth Arrival Departure S*" Ti Ml%M JMflgvM 02 06/1830 M» -M3 JOI *l»|llll 02.06/2359 "mm OMM JOI MM 02 0VWW J*®" 0*07* JOI MonovOl 02 06/1600 ?>" 0*** JOI M|»iM 02 06/2359 »2P 02/06 JW Rimini 02 06/1900 27 Jll «on«wti 02 06/0330 !M»«llll
        807 words
      • Article
        CONTAINER SCHEDULES
        1608 43 Rccovms or export Fa containers and lcl cargo Boofctaf/Mancc Rstls Ship Voy No Etb/Btr Portod From To from Al*a» 04/07M M 02/800 02/BM 02/l*M 02/1500 02/14M 02/TOC U 02/1700 MM OVMM a 02/1700 UM9I 03/0*00 OVOTOO NM OVMM 4 01/1200 tl/Mf) 03/1700 Mtwi2 mm 04/9700 M 02/BM 12/W
        1,608 words
      • Article
        GLOBAL HOLIDAYS
        170 43 Juu 5 Denmark: Constitution Day. Jn Malaysia: Birthday of HM the Yang di Pertuan Agong Birthday of Prophet Mohammed. South Korea: Memorial Day. Jun 8 Australia: Queen's Birthday Holiday. Greece: Orthodox Pentecost holiday. Job 10 Portugal: National Day. JnU Austria: Corpus Christi. Portugal: Corpus Christi. Ju 12 Philippines:
        170 words
      • Article
        COCKETT BUNKER MARKET REPORT
        854 43 THIS report. compiled by Cocked Marine OU Ltd. shows price ranges in US dollars Instead of single man comprehensive description of Price* shown ar» baaed on »tem Market movements are indicated The Cockett Bunker Prtoe Index chance and the lndivlduaJ rhangs* In tbe column* are baaed
        854 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        461 43 Carta* WO Mu 992.2 10 W.O O il 41 0.07 DMHltT M«tor hMw As* UwWh hi—I *0 (taw E25 8 0 9 I 0 0 %H M 300 Aw 987.2 02 16.4 0.06 32 0.03 Ciim 380 Mu 9914 0J l»4 0.M 71 049 wm %»A
        461 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing to decide on long-range 737 by end of June
        405 44 US planemaker still studying long-range version of the 747-400 that can seat np to 500 Bloomberg [SEATTLE] Boeing Co said it will decide by the end of the month whether to make a long-range version of its 737 jetliner, which
        Bloomberg  -  405 words
      • Article, Illustration
        Lock icon Talks between Air France, striking pilots resume
        402 44  -  Hopes that dispute can be settled before World Cap starts By\ Felix Chan [SINGAPORE] A crippling pilots strike kept most Air France flights grounded for a second day but negotiations were set to resume yesterday evening, raising hopes that a settlement could be
        REUTERS  -  402 words
      • Article
        Lock icon Plan to hike charges at Sydney Airport may force out airlines
        300 44 AFP [SYDNEY] A plan to more than double the charges imposed on international aircraft using Sydney airport would result in some carriers halting operations through Australia's major gateway, a lobby group warned. Under the proposals, international airlines would bear
        AFP  -  300 words
      • Article
        Lock icon Pelangi Air suspends flights to Banda Aceh
        116 44 AFP [JAKARTA] Malaysia's Pelangi Air has temporarily suspended flights from Kuala Lumpur to Banda Aceh, the main town in Indonesia's western-most province of Aceh, following the economic crisis that has hit the region. Pelangi Air has halted its flights, which had served the
        AFP  -  116 words
      • Article, Illustration
        EVA Air to put plane acquisition plans on hold
        283 44 [SINGAPORE] Taiwan's Evergreen Group has put aircraft acquisition plans on hold for its airline unit EVA Air till 2000 as the Asian economic flu startes to bite. "Because of the poor economic outlook in South-east Asia, we feel it's necessary to
        283 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1583 44 onr fuatr cta fuarr no ofm mos lhtt tat sooo m i m sow* wo am kmt«4m *1.845 0450 HUM 2300 taptaHK 030. IMS 0352 0835 2 VK74I 1310 VW742 0905 S_3 m S IS! 2S K oS2 S2 -> mm mm S0206 2050 S0285 2045
        1,583 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      24 27 Branson's Virgin Group plans IPOs to fond growth Airline, holiday and cinema interests likely to be among public offerings to be made. Page 2
      24 words
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      Page 27 Advertisements Column 2
      181 27 Boeing to decide on long-range 737 by end-June US planemaker still studying long-range version of the 747-400 that can seat up to 500. Back Page Meeting the Challenge of the YEAR 2000^ in the Shipping and Transport Industry Identify the problem areas and determine practical ways forward 9 JUNE 1998,
      181 words
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      Page 28 Advertisements Column 1
      1042 28 I NORTH AMERICA "I I EXPORT I I OTHER DESTINATIONS SSX SUPER SHUTTLE EXPREBB DIRECT TO LA I gXI*« WMKIWI 10 mi mou ooc w mgocoott t*t soi Inmrrwin m mSS ooauwoMu mkm n/u u/u 10/m~~~n7ot~ m/m lim~ Is/m m/m cmvmqmjai—o iTSTIvS ii/i; S7i/ i*/*7 11/07 liTw Ww HTi? OOQ
      1,042 words
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      Page 28 Advertisements Column 2
      702 28 Lines A services represented u [iWSfBt Members o» the RegtslryoJ /9jSl Riders \gßpW Accredited Shipping Agents Association \2£!zJS Singapore Sfuppng Association NEW ADVERTISER Find out more about their service: j j NTL Naigai Thins Line j Turn to Page 6 EXPORT 3 *°P° n 2 Hongkong 1 Manfe 1 X
      702 words
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      Page 29 Advertisements Column 1
      1051 29 TO EUROPE FROM EUROPE rasa vot sm it* am ham mv sou fit iir~|[vßsa voy itm am ham nv sou hi ta »T man* oosw 03/0619/0* m/m m/m 17/04 ok sue u/osu/os u/os 11/05 04/ m HYIAMN JIJW 04/ M 27/ M 24/ M 25/0* 22/04 RHMf 5201 17/05 19/05
      1,051 words
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      Page 29 Advertisements Column 2
      1610 29 I HANJIN SHIPPING HAJUM SMPfMO (S) PTC M> tap llwm lanpi am MOUNG 32M2J5-237 SAUS *****24 231 DOCUMENT *****71 774 OftttTKWS J2W*****2 MUM UW *****55 FAX 777TH0 a*o **********0 M TO NW USA A CANADA USA CANAftA* wvsi/vot MM 5 uShSSTvot sea Minim ai mr m wt m nt mm
      1,610 words
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      Page 29 Advertisements Column 3
      364 29 itssfl w_ _ai_ re wrr ski hm m usn ws USB wr jsw j I*"™ lOH I .ZL I INTt HONGKONG HIS 31/W 01/ M WIN 03/D4 07/ M 04/ M 11/ M 11/04 jWS j jWffi fjfitf orrcwsAN OPTS OVM 11/ M 14/04 14/0* 17/04 faKffljg OMS I iflfil
      364 words
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      Page 30 Advertisements Column 1
      1268 30 DSR-SENATOR LINES TO UK/CONTINENT TO RED BEA/M^nTOIIANEAN/CIANAD A wr tm L£H HTM MM HAM OWV FU WKL VOY SM <0 BIT IW fOS PLC MTW nmo an km am am not an vm calvomuknatoh whom mm km aa mm an an ni7 tmocfibmty wosa hi an CTH an an an
      1,268 words
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      Page 30 Advertisements Column 2
      1130 30 MY yml internet Web Site http: //www.yml.cofn.tw fl>*Abk AlUHl'Hf fft < E-mail Addr— ceOhp72o.yml.com.NK f ffiQ r thwmat/WNOAT VCSBCL *°Y RTM HAM FXT LEH ANR MING GLOfIY AB22W 054)6 27/06 25*6 24/06 2*06 HUMBER BRIDGE JB22W 07/06 24/06 26/06 27A* 2»06 MING MOON AB23W 12A* 04/07 02/07 01/07 o*o7 nxEO
      1,130 words
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      Page 30 Advertisements Column 3
      384 30 UNI SSr Tlit MI34S« PAXt *****11 I MUABA H LABUAN VESHL VOT ITO ETA VBM VOT ETD IT* SPOM MUAAA STOKE IM APttOOtT Vl«t/M M/M M/M AW*OO«Y V1«/N OS/M M/M iftosra visi/w io/ot u/m inosrai visi/w io/m u/m MVtGUKT VI Si/ft IS/M U/M AfttOOnr VISC/W IS/M It/M IPtOSPB VUi/M 20/
      384 words
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      Page 31 Advertisements Column 1
      1479 31 [VESSEL VOY SIN POU PKO pgw BLW SUR PUB BA BIK I IRAN VAHOAT PJL 1284 21/05 30/06 IRAN TAKHTI PJL 1286 01/00 10/00 11/00 IRAN TEYFOURI PJL 1287 08/08 17/06 18/06 IRAN MOBIN PJL 1293 20/06 20/06 30/06 ACCEPTING CONTAINER/BREAX-BULK SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES
      1,479 words
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      Page 31 Advertisements Column 2
      1725 31 DIRECT SAIUHG -J TO SHANGHAI ft XINMIM I SINGAPORE S GCNCRAL AGENTS: 6 SHENTON WAY TEL 226 1900 PAX: *****08 OUTWARD (l/l) "^TosJoT^OHOR^fFK^ COSTAR SHIPPING PTE LTD #17-01 NSILOG SAIIS/MGS 4205*41/43 INWARD DCPT (D/O> *****45 COSTAR AGENCIES (M) SDN BHD CR NO: *****840Q00M TOWIR TWO (OAMOf) CONVINTIOMAI *****50/55 T/SHPMT PCFT
      1,725 words
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      Page 31 Advertisements Column 3
      596 31 EASTERN CAR UNER, I_tl K1 (SINGAPORE) PTE LTD SPECIALIZE IM ROUP HEAVY UfT UPTQ 122 TONS ECL (SINGAPORE) PTE UO LOADING FOR LONG BEACH TACOMA/ VANCOUVER HO CHI MINH/HAI PHONG/BINTULU MV "COSMIC MASTER" V.50 MV "ORIENT ROSE" V.25A ETA SIN 05/06/98 ETA LONG BEACH 06/07/98 ETA SM 04-05/06/98 ETA HCM
      596 words
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      Page 32 Advertisements Column 1
      1227 32 EUROPEAJK/SCANOINAVIA/FINLAND^USSIA SGP ROM ANW HBG THP ZH LHV I LHV THP ROM ANW HBG PKL S6P E RACER RW-022 06/66 2646 11/17 27/06 M/ 06 3006 01/07 IE GLOWING RE-044 10/05 12/05 13/05 11/05 IMB MM 09,06 E DECENT RW-OM 13/06 ***** 07/07 03/07 0547 06/07 E GAINING RE-063 17/05
      1,227 words
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      Page 32 Advertisements Column 2
      764 32 Carrier: MN CONTR LINES, INC p.gu0ang (07)*****28 I• ivy J CM MO. 1«OOR7ROOOO« SI6U: (064) *****9 MANILA: (832) *****24 PENANG: (04) *****36 BANGKOK: (862) *****57 SURABAYA: (31) *****0 P KELANG: (03) *****77 JKT: (21) *****07 MON: (81) *****3 KUCHINQ (082) *****1-3 MANILA MV "MARTRAVELLER" VIO7N ETA SIN: 5-6-98 PORT KELANG
      764 words
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      Page 32 Advertisements Column 3
      401 32 Pl* NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VKSa I VOT I SIN I PUJ DUt I CPT I l/BAT HAIKU VENUS VO27S 12/P4 21/04 24/04 QI/Q7 04/07 60UXK DU6ON tOOSS 18/04 27/D4 01/87 04/07 mwu ntmcESs yons ?s/06 13/D7 17/07 mm queen vo2«s mi 17/07 21/07 24/07
      401 words
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      Page 33 Advertisements Column 1
      370 33 HM> MYANMA pBHk FIVE STAR UNE (Myonmor National Lin*) loading for Yang on (Rangoon) wssb vor sw pkg kn pgu MHGUI 143W SIB ■AGO IO7W SU> MALATSU AGENTS: KXJSTUD SHIPPING AGENCIES KUL- TH o}-03-*****00 PKL IB 02-03-*****01 POt IB 02-04-*****02 PGO: TH 02-07-*****21/4 BANK LINE (A strvict of Andrtw W»ir
      370 words
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      Page 33 Advertisements Column 2
      1162 33 A HYUNDAI MERCHANT MARINE CO. LTD. Ivissa VOY al sou HH irtm ant ham m pjn Ivbsb vor| sou tai I«» awt |haw Iwv I m NOLCYPRMI 005W 03/06 19/06 20/06 22/06 25/06 BM 5461 11/05 16/05 13/05 14/05 04/06 HYRARON 313W 04/06 22/06 27/06 24/06 25/06 HY DUKE 3111
      1,162 words
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      Page 33 Advertisements Column 3
      1080 33 sppcicHu-ed outocarnen LAfSE/V 1 l0)3(0]ff TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" [VESSEL VOY RAMP HtIGHT iIN I LAX CRL MIA SAV lAI j OOf NYC NCW MOI I TOi fBl2 4001 m 4.3 M 14/04 01/07 17/07 20/07 22/07 24/07 2S/07 26/07 3T76T OT7OT~ TARONGA FBI 3 4001
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      Page 34 Advertisements Column 1
      632 34 ANOKOK/LAIM CHAIAWO JAKARTA/PANJANG VgSSeL VOY BKK LCH VESSEL VOY I SIN JKT PJN NANTA BHUM" 396N In Pt 06/06 Q7/06 GURU BHUM 60S In Pt 07/06 SIN° OCEAN OCNQ63 In Pt 06/06 THANA BHUM 289S In Pt 06/06 XETHA BHUM 235N 04/06 07/06 GURU BHUM BOSS 04/06 07/06 ANAN BHUM
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      Page 34 Advertisements Column 2
      490 34 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL *****68 FAX: *****64 TLX: R*****S SJNMER flffliß CR No: **********0W Receiving Cargo at PTI I Blntulu I Muara VISSH VOY SJW ITU !M VOY SM §UA I Sara WIDE 06-07/06 13/06 MJdi V9809E 064)7/06 12/06 IMm V9BOBE 15-16/06 21/06
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      Page 34 Advertisements Column 3
      556 34 A /ICCORD H SHIPPINO PTE LTD m: *****15 (40 Lin*.) FAX *****30 KtJ KLAMC (03)367 1001 m M DMKT ACCfSS m: *****55 (EXPOET SOOK1NO) MStf GUDAMC (07)331 1377 *****34 (EXPOET DOC), *****39 (IMPOET) rtHAMC (04) 331 lUI JAKAtU (11)640 0770 msilB PORT ETA SIN ~PORT ITA SIN PORT ETA~StM (FAR
      556 words
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      Page 35 Advertisements Column 1
      404 35 INPONESIANAriONAniN^I TO EUROPE *1 EXPRESS SEMt-CONTAtfg-RISED SERVICE V»l VOT J t POWf «OAM/BDAM I HIURG MEMtll AMTWtBP VESSEL 47W n/t7 27/87 OMIT 07/84 TO AUSTRALIA 1 FULL CONTAINER SERVICE m wt wcFTT w w rn wa Moißnuwiinßiw: vob d«m vm am am am tw MJST BfTUVMIC VISS 11* IUI 2<«
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      Page 35 Advertisements Column 2
      854 35 gSSaQIf PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Stfßet. *03-00 PIL Building. Singapore *****0. I CR NO: **********06 Ilvtssn. VOT PW Tsin I STD Mfl m m m MI I OOQAMUTY 015 4/* 14/8 17/* 19/4 14/* >0/8 1/7 1 I KOTA PfttAMA PTMOO7 8/8 7/1 18/8 20/* 23/8
      854 words
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      Page 35 Advertisements Column 3
      831 35 VESSELS VOY JED MLA LEH HAM TWP Rim ZEE VXEOEAWMQSA V2BW 04AM 13/06 17/06 22/06 24/08 ~2X06 ~2M)6 27/Oi \mi£ DC TANYA T2BW 08/06 17/06 22/06 2M6 28/06 01/07 02/07 5557™" VIXEDE TAURUS A2BW 16/06 24/06 29/06 06/07 06/07 08/07 08/07 08KJ7 VIXE D* AQUARIUS \J2QH 01/07 06/37 12/07 13/07
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      Page 37 Advertisements Column 1
      52 37 VaTAII Dial 740-6000 on demand] (Retrieve more schedules!) SjA Press-r CT Select the port and key in s the four digit code —eg: To New York (NYC) 2275 sr£) Key in your fax number I Enter your phone number Another innovative service offered by The document Will be Shipping Times
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      901 40 SAMUDERA SHIPPING LINE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 ■l^!!^ c A LLD J- E j T u !!!i *****4 1 /43 JE^ ICA/CEL A/MEI CHAN 7 SLGS/WEEK [LESSEES 2 SLG/WEEK VESSEL pVOY SIN
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      Page 40 Advertisements Column 2
      621 40 !NG IK SHIPPING CO PTE lID I T *****75 (4 Umil hi: S33OS3S/5)]6960 I T CB Bo: n«mooooo< VESSEL VOY SIN HA SIN ITD DCSTINATION UnggulJoyo 08/98 01/06 03/06 Petowon^'Pßoru/Dufro Morco Polo 42 12/98 02/06 03/06 Suraboyo Urwo Sim 10 08/98 03/06 05/06 BruneiAprtong Rosmokwrtiti 11/98 03/06 05/06 Kuolo lungkol
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      Page 40 Advertisements Column 3
      458 40 m FAR EAST 05/06 KEELUNG/KAOHSIUNG 07/06 BANGKOK 08/06 MANILA/CEBU 07/06 JAKARTA/BELAWAN/SURABAVA 07/06 PORT KELANG/PENANG/E. MALAYSIA 09/06 BUSAN 07/06 TOKYO/YOKO/KOBE/NGO/OSA 07/06 HONG KONG SIM CHINA (4'lS#±»*o) 07/06 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 07/06 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 07/06 LOS ANGELES/NEW YORK all IPI
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      Page 40 Advertisements Column 4
      450 40 cfcm Singapore Soviet Shipping Pte. Ltd. CR NO: **********0N BOMBAY VESSEL VOY SIN BOM PNG PKL KOTARATU RTUOII 06/08 14/06 25/06 27/06 SEA SUCCESS 1 114N 13/06 20/06 01/07 03/07 KOTA RUKUN RKNOOS 21/06 29/06 10/07 12/07 KOTARATU RTUOI3 28/06 0607 17/07 19/07 For Booking (Calcutta) Tel: *****45/46 [VESSEL VOY
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      Page 41 Advertisements Column 1
      863 41 i j ASIA MEDITERRANEAN IXPRESS (AME) WESTBOUND SERVICE li I VESStI I VOY I SIN I CMB PIB GOA I VIC I lEH ANR FXT NSjVWW 9821-3 Q9JUN 12 JUN 22JUN 24JUN OMIT 29 Jl>N JQ fiJN Q) M I MSC JAMIE 001R 10 JUN U JUN 23 JUN 25
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      Page 41 Advertisements Column 2
      1513 41 ImOtfTM* 03*22 04* 20 06 1 -fgr- |VB»/YW6f I SOU IKM 1 HAM lUN mOSJ 1 I HOfOSTDOVfSS 39WH23 11.0* 27* 71.0* 30* O«J07 SSPJS!^' 0 1 SSm !?S !2S 02* 00* 11* 11 J* POM SOUTHAMPTON 01 **24 IS* 0107 0107 07.07 1117 *****. i™? 20* 22* ISjM 14*
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      Page 42 Advertisements Column 1
      490 42 TIGER BRIDGE 629N 04-07/06 12-16.06 21-22/06 I TIGER WAVE 630N 10-12*06 18-22/06 27 28/06 I TIGER BAY 631N 13-14/06 19-24/06 28-29/06 I TIGER ISLAND 632N 17-1&06 27-01-/07 05-06/07 I TKJER BRIDGE 633N 21-22/06 27-02AJ7 07 06/07 I TIGER WAVE 634N 29-3006 04-06/07 13-14/07 IVEM€^^^^VOY^SS<CALS!^| D SUMATRA 117 03-04/06 09-13/06 19-2006
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      Page 42 Advertisements Column 2
      718 42 I JIl FREIGHT LINKS EXPRESS 62 Toh Guan Road, Singapora *****1 Tel *****66 (60 Linas) Fax: *****33 E-mail flesin@singnet.com.sg REGULAR LdTFCL SERVICES ALEXANDRIA IZMIR SAN ANTONIO BUENOS AIRES LAEM CHABANG SANTOS CEBU MALTA SHANGHAI ISTANBUL PASIR GUDANG XINGANG HOTLINI AT t ISOO-*****66 Overseas Offices Hongkong *****113 flmsoosiaonline.net Port KeJang *****40
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      Page 42 Advertisements Column 3
      886 42 OOCL (Sinqopore) Pte Ltd CFS Keppel Distrpk 79 Amot Road #21-04 (S) *****6 6* 513 #01-128 (±> m CI NO **********0H hk 272 7»27 For booking I ~fy Tk *****13 Fax 221 3942 Fu: 272 7125 sYBVI y 0001 (Malaysia) Sdn. Bhd. "**> W'' PfTAUNG JAYA T«t 03-756 776 Fix.-03-7565
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      112 43 LEGEND: R Thunderstorm Twfmfcii *q V Shower Weother *~y Wind direction with speed in knots Roin V^/ Cloudy Sky Wov h«ight WJgct winds or* mdicoted by arrows wkidi Hy wrtk tfce wmd One fu« crch represents ccHm or light and vonobte winds J-_* One hotf Heche represents 5 knots k
      112 words
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      639 44 I FAR EASTERN FREIGHT CONFERENCE (FEFC) I I RATE RESTORATION IN THE ASIA AND JAPAN TO I I NORTH EUROPE TRADE I I In a press announcement dated 23 April 1998, FEFC Principals confirmed an earlier I announcement that a Rate Restoration of minimum USD 150/300 per *****' would be
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      104 44 To Whom It May Concern This is to notify all our valued customers, business associates and all parties concerned that with effect from 25th May 1998, Mr. Carey Lim Koon Seng (NRIC no. *****94)) and Mr. George Png Aik Koon (NRIC no. *****03Z) have ceased to be directors of Fuji
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