The Business Times, 17 August 1998

Total Pages: 48
1 48 The Business Times
  • 14 1 THE BUSINESS TIMES MITA (P) 110/12/97 85c SINGAPORE Internet: http://business-times.asial.com.sg/ MONDAY, AUGUST 17, 1998
    14 words
  • 57 1 STOCK MinFf nUHCES Vteek Change ST1I ***** -66 1 g BT-SR1 .388.42... 46.82 KLSECOMP 327.98. -36.07 •NIKKEL..„ 15.128.98......-7Q6.24 HANG SENG 7,224.69....+206.28 SET INDEX.. J43.62 4.92 JAKARTA COUP 414.63 -8.98 MANILA COUP. 1,337.98. -110.80 TAIPEI WPI 7,371.84 -158.18 SEOUL COMP .304.61 -9.70 CL8A CHINA B 536.21 -80.29 AL'ST ALL
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  • 77 1 FOBEX BATES U8S St U8| 1.744 (USt/SS per S) 1.622 .1829 Ml 1.787 0.97« YEN 144.4. 1.208* RM 4.191 .0.416 HKI— 7.760™ 0.228 BAHT 41.70 0.042 RUPIAH... „.12£75. 0.014* St to 100 units NUMERATES SINGAPORE* 788 KUALA LUMPUR 11.60 JAKARTA 2800 BANGKOK 14.75 MANILA. .22.90 HONGKONG 1025 TAIPEI 8JO
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  • 882 1  -  But govt standing by its move into stocks and futures markets to defend HK dollar From Quak Hiang Whai in Hongkong THE Hongkong government's surprise intervention in the stock and futures markets last week to fight off currency speculators has come under strong
    882 words
  • 66 1 [BANGKOK] A street cleaner sweeping up the front of the Union Bank headquarters in Bangkok over the weekend. Thailand announced a multi-million dollar merger of seven financial institutions on Friday in a bid to attract foreign capital to the ailing sector. The small commercial bank Union Bank of
    REUTERS  -  66 words
  • 308 1 Current account surplus of RM6.6b is its first in 7 years AFP [KUALA LUMPUR] Malaysia's net long-term capital inflow plunged 75 per cent from a year earlier to 1.5 billion Malaysian ringgit (***** million) in the first quarter, the country's
    AFP  -  308 words
  • 563 1 Bloomberg [NEW YORK] As stocks soared in recent years, investors said one thing that could surely derail the US bull market would be an "exogenous shock" such as a major financial collapse abroad. Now, with Asian economies in recession and
    Bloomberg  -  563 words
  • 730 1  -  Sning a last resort for S'pore banks but many mortgagee sales are not going through By\ Slow Li Sen [SINGAPORE] Cases of banks suing borrowers to recover loan losses due to falling Singapore property values have so far been few and far
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  • Page 1 Advertisements
    • 173 1 DHBDB SP unit finaiiang deal Singapore Power International, the overseas investment arm of Singapore Power, is finalising its acquisition of an Indonesian independent power producer plant in South Sulawesi, Pf 2 /'T| Uphill task Indonesia's banks face an uphill road 16 reform, and indications are that they'll have to go
      173 words
    • 17 1 KL may cut intervention rate next month, Pg 4 KL wants back control of airspace, Pg 5
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    • 275 1 HKMA action: good move or mere interference with market forces? Pg 21 HK should consider dollarisation, say economists, Pg 4 Asian stocks near bottom, analysts, Pg 4 I mSmmiiim Fj I I Managing Asia's Recession aHmH I I Annual Planning Forecasting Meeting I I Most managers of Asia-Pacific businesses were
      275 words

  • SINGAPORE AT HOME & ABROAD
    • 429 2  -  It eyes majority stake in Sulawesi independent power producer /if,i Ronnie Lim SINGAPORE Power International (SPI), the overseas investment arm of Singapore Power, is finalising its acquisition of an Indonesian independent power producer (IPP) plant in Pare-Pare, South Sulawesi. The
      429 words
    • NEWS Roundup
      • 65 2 NANYANG Technological University is holding a public lecture, "What Singapore can Learn from Silicon Valley" tomorrow at spm at the National Computer Board auditorium. Professor Everett M Rogers, the Wee Kim Wee Professor at the NTU School of Communication Studies, will share findings from his
        65 words
      • 64 2 THE Health Ministry is reminding all tobacco merchants to apply for a tobacco licence by Aug 25 to ensure that a licence is issued in time for new regulations starting Sept 1. After Sept 1, tobacco merchants caught selling without a licence may
        64 words
      • 45 2 THE Trade Development Board yesterday led two infrastructure-related missions to the Philippines. The first team of 14 companies will meet with Asian Development Bank officials to explore opportunities in developing countries. The second mission will meet with key Philippine government agencies.
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    • 289 2  -  eye on the economy Commerce By Jennifer Lien NEW orders for electronic components in the US fell for a second straight month in June, latest available data from the US Commerce Department shows. In seasonally-adjusted terms, the mea- sure fell 2.5 per cent year-on-year
      Source US Commerce Dept  -  289 words
    • 611 2  -  But Sing Tel says West's economies of scale don't exist here By. Larry Wee SINGAPORE can do much more to reduce telecommunications costs and to improve Internet connectivity, said financial information giant Reuters, which has invested more than Ss3oo million in its Asian
      CHRIS LOH  -  611 words
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    • 4 2 More reports, Pg 23
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  • FOCUS
    • 908 3  -  The main problem, say US consultants, is that foreign investors' attitude is lukewarm Reports by Vikram Khanna [SINGAPORE] INDONESIA'S banks face an uphill road to reform, and indications are that they'll have to go it alone at least for now, according to banking
      CHRIS LOH  -  908 words
    • 762 3 Players merging to position themselves for new era A NUMBER of forces are driving bank mergers in the US and Europe increasing market share, creating new revenue opportunities, attracting more customers, and preparing for a new financial era. Elaborating on this
      CHRIS LOH  -  762 words
  • Page 3 Advertisements
    • 142 3 H H I I Next year over 25 million I consumers will spend over I I US$ll billion I l\shoppinq on the Internet I Source: Jupiter Communications *x\ Get your cyber store ready by attending "How to get started in Internet retailing" I VISA, a pioneer retailing from the very
      142 words

  • ASIA'S ECONOMIC SLUMP
    • 465 4 Economists link move partly to floods that have led to USs24b in damage Reuters [SHANGHAI] China said on Saturday it would issue special bonds to help boost the economy, and analysts linked the plan partly to damage from devastating floods. The China
      Reuters; AFP  -  465 words
    • 532 4 Moderate 5.8% CPI rise in Joly gives room for cut: analyst AFP Reuters [KUALA LUMPUR] Malaysia will consider a possible further reduction in the central bank's intervention rate next month after gauging the effects of recent cuts, a deputy minister said on
      AFP; Reuters  -  532 words
    • 471 4 Reuters [BANGKOK] Four of Thailand's 15 banks will disappear as a result of Thailand's financial reforms but the package has given a needed respite for many of the survivors struggling to raise capital. Analysts are reluctant to say the reform package
      Reuters  -  471 words
    • 450 4 Bloomberg [TOKYO] The head of Japan's Economic Planning Agency (EPA) Taichi Sakaiya said Japan has not entered a deflationary spiral yet. "We have to prevent Japan from slipping into a deflationary spiral," Mr Sakaiya, 63, said on a TV programme yesterday
      Bloomberg  -  450 words
    • 625 4 Big investors seen starting to build np positions last week Reuters [HONGKONG] It would be an overstatement to say Asian stocks have spied light at the end of a long, dark tunnel. But it would be fair to say the bottom is well within view.
      Reuters  -  625 words
    • 941 4  -  CRISIS WATCH The region-wide swing from fiscal surpluses to deficits poses a tough test for govts By Vikram Khanna ONE aspect of the Asian crisis that hasn't had much press so far is the deterioration of public finances. Through most of the Nineties and uninterruptedly since
      941 words
    • 614 4 Reuters [HONGKONG] The latest attacks on the Hongkong dollar peg have raised anew the question of whether the territory should ditch its own currency and fully embrace the US doUar. Some economists think it's a topic worth studying. "We have
      Reuters  -  614 words

  • THE REGION
    • 403 5 JAKARTA He also vows to fight cronyism; admits a stable rupiah is crucial to growth AFP A YEAR after Indonesia tried but failed to head off catastrophe by floating the rupiah, economists are warning the government not just to pick up pieces but to
      AFP  -  403 words
    • 199 5 But its currency board says there's no reason to change peg AFP [BANDAR SERI BEGAWAN] Brunei's sole political organisation yesterday called for cutting a three-decade link between the Brunei and Singapore currencies. The Singapore dollar and the Brunei dollar are tied under a
      AFP  -  199 words
    • 247 5 PASIR GUDANG The Straits Times THE Malaysian government will propose to the International Civil Aviation Organisation (ICAO) to revert to Malaysia control of air space in the southern peninsula, now handled by Singapore, Transport Minister Ling Liong Sik said. The Star newspaper yesterday
      The Straits Times  -  247 words
    • 331 5 JAKARTA Reuters INDONESIA is celebrating its 53rd anniversary of independence today with little of the fanfare and frolic which have marked the event previously. Rampant rumours of protests, violence and riots over the independence day weekend have cast a long shadow over celebrations and
      Reuters  -  331 words
    • 531 8 SYDNEY Use it to bnffer impact of Asian crisis, not for tax plan, Howard urged Reuters AUSTRALIAN business leaders, citing the threat of more fallout from Asia's financial crisis, cautioned Prime Minister John Howard yesterday not to fritter away a projected budget surplus
      Reuters; REUTERS  -  531 words
    • 487 8 WELLINGTON Govt future in limbo; cracks within NZ First party Reuters THE evolving face of New Zealand politics remained veiled at the weekend as sacked Deputy Prime Minister and Treasurer Winston Peters prepared to gather his remaining party members for a crisis meeting.
      Reuters; AFP  -  487 words
    • 174 8 HONGKONG AFP HONGKONG police yesterday charged three men in connection with an alleged blackmail attempt against blue-chip property developer, Sun Hung Kai Properties Ltd. The Organised Crime and Triad Bureau arrested five men. aged between 26 and 40, on Friday, a police spokesperson said. Two
      AFP  -  174 words
    • 302 8 TAIPEI Move seen as bid to curb forex speculation: reports AFP TAIWAN'S central bank has tightened controls on foreign capital deals in an apparent bid to curb foreign exchange speculation, reports said yesterday. Under the new measures dealers are required to immediately report
      AFP  -  302 words
  • Page 5 Advertisements
    • 570 5 Practical Seminars To Manage Today's Economic Environment.' «<mVQOANALY SE AND INTERPRET FINANCIAL STATEMENTS Caa> ion ernri<» W1 p^ov,cle a understanding of key financial and related information It deals with fundamental concepts in a clear, Fee. 290 rth fvaMan way to prowde simple financial tools to gauge the financial well being
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  • Special Supplement: FRENCH BUSINESS IN FOCUS
    • 388 6 French SMEs make up half of the French businesses here, and their number is on the rise, says the French ambassador NOT everyone is fleeing this region and its economic troubles. The French, for example, are more keen than ever to do business in Singapore, especially French
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    • 1002 6 THE 200-odd French SMEs in Singapore may be small in size by the French definition they must have between 10 and 500 employees but they and the people who work in them are gutsy and optimistic. For people like Geraldine Lefebvre, for instance,
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    • 625 6 French SMEs here say they won't budge from S'pore even though they feel the pinch of the regional crisis PERHAPS it is not quite what they had envisioned, but the French Small and mediumsized enterprises in Singapore which are now swamped by the regional
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    • 458 7 TWO FRENCH SMEs THAT MADE IT BIG THE next time you cradle a cappuccino and enjoy a croissant at an outdoor cafe, you may want to thank a foreign company that dared to try out a concept none had really explored before in Singapore.
      458 words
    • Corporate News in brief
      • Article, Illustration
        111 7 FRENCH construction giant Dragages et Travaux Publiques Singapore has been awarded a $165 million contract by a joint venture between Hongkong-based Sino Land and Orchard Parade (part of Singapore's Far East Organisation group) for the renovation and restoration of Singapore's historic Fullerton Building (above) into a luxury hotel. The contract
        111 words
      • 127 7 PUBLICIS, the French-owned global communications group, has made headlines across the region as the fastest-growing communications network in Asia. Since January 1997, through the acquisition of leading global independent advertising agencies in a dozen or more Asian countries, Publicis has quickly built a network with a difference: agencies with strong
        127 words
      • 78 7 Dow Jones LAFARGE Group of France has increased its holding in unlisted PT Semens Andalas Indonesia to 72 per cent from 56 per cent, a Semen Andalas spokesman said. The cement giant bought out the stake of PT Mandaraka Buanasakti, a member of the Indonesian Gunung Sewu Group, the spokesman
        Dow Jones  -  78 words
      • 148 7 FT JEAN-CLAUDE Trichet, governor of the Bank of France, has urged Europe's top financial centres to work together to construct an "open and convivial" pan-European system. In remarks published less than a month after the Frankfurt and London stock exchanges concluded a ground-breaking agreement to form a single European equities
        FT  -  148 words
      • 224 7 Businesswire Air France Cargo has announced the addition of daily, non-stop Airbus 310-300 service from Boston's Logan International Airport to the carrier's hub at Charles de Gaulle Airport in Paris. The new service offers a cargo payload of six tonnes on three LD7 pallets, m AF32I will depart from Boston
        Businesswire  -  224 words
      • 195 7 RPR Rhone-Poulenc Rorer, a pharmaceutical subsidiary of Rhone-Poulenc SA, has announced further measures in an ongoing effort to increase the competitiveness of its manufacturing sites. Rhone-Poulenc Rorer Propharm (a 100 per cent Rhone-Poulenc Rorer subsidiary) has presented to employee representatives a plan aimed at improving the company's competitiveness. This will
        RPR  -  195 words
    • 504 7 AEA and ISOS join forces, creating the leading 24-hour medical assistance company in the world EVER so often, Arnaud Vaissie encounters people who ask to speak to his boss, much to his amusement. The amiable Frenchman is president and CEO of the
      504 words
  • Page 6 Advertisements
    • 209 6 cce/i Conscillers du Commerce Exierieur French Trade Counsellors The French Trade Counsellors wish the Republic of Singapore a Happy 33 rd Birthday The French Trade Counsellors are French Executives chosen among competitive firms to develop French Foreign Trade. They help the French Government in implementing its Foreign Trade Policy through
      209 words
    • 5 6 "CCA brought to you by
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  • Page 7 Advertisements
    • 74 7 -qtJA brought to you by I This announcement appears as a matter of record only. o DREDGING INTERNATIONAL ASIA PACIFIC PTE LTD USD 21.78 Million and SGD 35 Million 5 Year Term Loans and Uncommitted Short-Term Revolving Credit Facility Lenders BANK BRUSSELS LAMBERT, Singapore Branch CREDIT AGRICOLE INDOSUEZ, Singapore Branch
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  • THE WORLD
    • 603 12 WASHINGTON Bat he will not admit to peijury despite denial under oath earlier in year AFP Reuters PRESIDENT Bill Clinton will likely testify that he and Monica Lewinsky engaged in sex despite his earlier sworn denial, news reports here indicate, opening
      AFP; Reuters  -  603 words
    • 265 12 MOSCOW Reassurance comes amid growing talk of rouble devaluation Bloomberg Reuters RUSSIA said its financial situation is under control, in a bid to reassure investors amid growing speculation that the government will have to devalue the rouble to meet its obligations. "There's no fire,
      Bloomberg; Reuters  -  265 words
    • 163 12 MOSCOW AFP US financier George Soros has denied intentions to profit from a devaluation in the Russian rouble, which he said earlier last week should be devalued by 25 per cent, Itar-Tass news agency reported on Saturday. In a letter to the agency, the
      AFP  -  163 words
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      286 words
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  • BUSINESSIT
    • 610 13  -  IDC study says Singapore shipments in Q2 down 19.2% year on year By] Raju Chellam [SINGAPORE] Personal computer shipments in the AsiaPacific fell by about 5 per cent during the second quarter compared to Q2 last year, according to a preliminary study
      Source: IDC Asia-Pacific  -  610 words
    • 481 13  -  ih, Kenneth Goh [SINGAPORE] 1998 may be the year of reckoning for IT in Asia and chief information officers (CIOs) will have many tough decisions to make over the next 18 months or so, speakers at the 11th CIO Workshop said. The
      481 words
    • 349 13 Bloomberg (BUENOS AIRES] Intel Corp chief executive officer Craig Barrett said sales in the AsiaPacific region, once its fastest growing market, are flat as growth in China and India offsets falling computer sales in other countries. "The Asia crisis has had
      Bloomberg  -  349 words
    • 295 14  -  li,, Raju Chellam [SINGAPORE) International Business Machines Corp and Sun Microsystems Inc last week announced a new operating system specifically tailored for businesses to make optimum use of their networks and of the Internet. Called Java OS for Business, it provides "a
      295 words
    • 85 14 (SINGAPORE! Fuji Xerox Singapore has appointed eight business partners for its Office Network Printers (ONPs). Through this. Fuji Xerox aims to capture at least 3 per cent of the small and mid-sized network office market in Singapore by year end. The business partners are: SVOA International.
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    • 504 14  -  New Asia Region chief cites marketing and recruitment initiatives liy\ Kenneth James [SINGAPORE) The regional malaise hasn't dampened software leader Microsoft Corp's commitment in Asia. If anything, there's a greater sense of purpose now, its new Asia Region vice-president Pieter Knook says. "Our
      ARTHUR LEE  -  504 words
    • ITTAKES
      • 78 14 [SINGAPORE] Business software solutions provider Baan Company has restructured its Asia-Pacific operations. The move reflects Baan's bid to offer its customers more comprehensive enterprise management applications instead of just traditional enterprise resource planning (ERP). Whereas it used to focus on manufacturing industries in the past, it
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      • 93 14 [SINGAPORE] Local-based company EWC Associates has launched an online service (http://www.goevents.com) which will offer people a free-to-view listing of technology-related events in Asia. These events will be updated by the organisers themselves, and are divided into various segments such as conference, exhibition, press conference, product
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      • 78 14  -  Compiled by Poo-Cheong Wai Ming [SINGAPORE] Visa International will be holding a series of seminars on e-commerce in August and September this year. The seminars will cover information about going online for companies in the Asia-Pacific region. Also involved in the organisation of these seminars are
        78 words
    • 654 15  -  SAY IT! By Rolf Jester Rolf Jester is a principal analyst with GartnerGroup Asia-Pacific, and a former Digital employee. WHY did Digital fail? There are several theses and a few books on that, but some reasons are easy to identify. Digital failed to read the changes
      654 words
    • 338 15 Reuters [NEW DELHI] The race to fix the millennium bug in computers has become easier with high-speed technologies but there is no wonder cure, the India head of a leading software firm said. "We feel there is no silver bullet
      Reuters  -  338 words
    • 867 17  -  Information technology vendors see opportunities to generate business in crisis-hit financial institutions Toh Han Shih ASIA'S financial institutions have been hit by the regional economic crisis, with many having had to fold. And those that are still running have to contend with rising bad
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    • 400 17  -  Eye also on huge China marketplace for range of products By Raju Chellam [SINGAPORE] Storage maker lomega Corp plans to push more sales through original equipment manufacturers (OEMs) in the Asia-Pacific, including to un-branded "white box" PC manufacturers. The company also plans
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    • 416 18  -  Products promise greater value for money for home users By, Annette Pan [SINGAPORE] Multimedia PC pioneer Packard Bell NEC has just announced a slew of new product offerings notably Internet-ready multimedia personal computers for home buyers which promise greater value-for-money at competitive price
      416 words
    • ITTAKES
      • 64 18 LOTUS Development Asia-Pacific has announced the availability of Domino.Doc 2.0, a Web-based document management solution for enterprise-wide use. Lotus said the solution allows organisations to manage every stage of a document's life cycle from idea to authoring, review, approval, publishing and archival. Prices start at U559,500
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      • 61 18 US-BASED Integrated Device Technology (IDT) is ready with RCSOOO, which it says is the industry's fastest 64-bit embedded microprocessor. It is particularly well-suited for high-end data communications and office automation applications, as well as for arcade games and graphics use. IDT said it is available
        61 words
      • 61 18 US-BASED NDC Communications Inc has launched Sohoware Network Plus, a PCI network starter kit which removes the complexity of building a network for small businesses and home offices. It is designed to network two high-speed Pentium PCs, and maximises peripheral-sharing capabilities. The $229 solution is
        61 words
      • 75 18 CANON has launched a pocket-sized camcorder that doubles as a digital camera, connects to the TV and the PC, and offers CD quality sound recording. Called MV-100, the camera (above) delivers 180,000 pixels on a 2.5-inch colour LCD screen. The $2,199 device offers llx optical zoom and
        75 words
      • 82 18  -  -Compiled by! Raja Chellam GERMANY-BASED Software AG has announced Prodis, an enterprise resource planning (ERP) system targeted at medium-sized industrial and trade businesses using IBM's AS/400 platform. Prodis covers the entire logistical planning of a business with 13 modules, including sales, production, inventory, purchasing and
        82 words
    • 427 18 Reuters [LONDON] Microsoft Corp has acknowledged that its new Windows 98 computer operating system suffers from a minor date bug, which was detected by British software company Prove It 2000. Although the bug is rare and likely to only affect one in five
      Reuters  -  427 words
    • 213 18 Bloomberg [REDWOOD SHORES, California] Oracle Corp, the No. 1 database software maker, is offering a package of software and consulting to new medi-um-sized business customers that's designed to fix the year 2000 computer bug. Oracle is offering businesses a package of financial
      Bloomberg  -  213 words
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  • Page 16 Advertisements
    • 202 16 j 1 ■lM»tl33MiiliJm 11»Mm*I iM 1 L^^^Hiiki^^^Bl£Siw^ Until every person and every home has a PC, the public will seek other channels for consuming online goods and services. So, how can service providers reach the public through these channels? About '%h e s'j./ e provides One-stop nationwide multifunctional network for
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  • Page 19 Miscellaneous
    • 752 19 TV&RADIO Fm»kri»t3 "w 6.00 News 5 Today Followed W9WtOIM tjnn:<mm 1' By CAN. 9.00 AMCDIS. 1 2.00 PM Response TV. The Pyramid Game. 10.00 Close. 2-30 TV Innovations 7.00 News 5At Seven. ILOO Response TV. 4.00 Kidz Blitz: Walter Mel- 7.30 Sabrina The Teenage LOO PM TV Innovations. Witch Quiz
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    • 172 19 CRYPTIC CROSSWORD mCX.,,,, 14 well away EESSEESL talin sports-centre (9) from the sea? <9> 15 Provisional shelter took in M [^NmolmNß7|GiNmT^T 2 Off raced some detectives (6) about four (9) l E ff N ff s H T W p B D H E n p l 3 United wasted
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  • Page 20 Advertisements
    • 283 20 Daikfn and you won't haue to pay the price. Eoen today, Oaikin's reuolutionary "no water" UBl) central air-con system saves ouer ?130.000 a year in a 25-storey office building. Imagine your sauinqs in the future! I The building in question is John Hancock Tower. By installing cooling. Its innovative design
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  • Companies & Markets
    • 534 21 Analysts say much depends on howmnch provisioning firms make for projects Reuters [SINGAPORE] Singapore developers are expected to unveil dismal interim results over the next few weeks, with a few possibly reporting losses for the first time in recent memory, industry analysts say.
      Reuters  -  534 words
    • 235 21 [SINGAPORE] On Saturday, Tat Lee Bank officially became a wholly-owned subsidiary of Keppel Bank. A court order sanctioning the scheme of arrangement for the two banks' merger was lodged with the Registrar of Companies on Saturday. On July 13, the two banks' shareholders
      235 words
    • 736 21  -  HAXO SEMG DfSIOIIT HE may find out sooner rather than later if intervention was right By Quak Hiang Whai THE unprecedented stockmarket intervention by the Hongkong Monetary Authority (HKMA) on Friday raises the oft-debated question: When is government intervention a
      736 words
    • COMPANIES
      • 838 22  -  Salomon report sees fall in palm oil price, snrge in soybean oil supply, poor demand Frc Ruth Wong in Kuala Lumpur PLANTATION stocks, the last of the defensive stocks on the battered Malaysian stock market, seem to be losing some of their glimmer
        838 words
      • 419 22 Reuters [SEOUL] South Korean companies released half-year results over the weekend showing high export companies doing reasonably well, while those dependent on domestic demand were stumbling badly, analysts said. Analysts said automobile and semiconductor manufacturers took a hit except for Samsung
        Reuters; AFP  -  419 words
      • 246 22 Nomura said to have been chosen from shortlist of five Reuters (LONDON] Japanese finance house Nomura is poised to buy the British hotel group Thistle Hotels Pic from Brierley Investments, in which Singapore interests have a stake, for
        Reuters  -  246 words
      • 167 22 LONDON Reuters FRENCH oil group Elf Aquitaine is considering a £15 billion (5542.4 billion) merger with Conoco, the US oil group put up for sale by chemicals giant DuPont Co, Britain's Mail On Sunday newspaper reported. The report, which did not cite
        Reuters  -  167 words
      • 405 22  -  By < Carol Eng (SINGAPORE) Civil engineering firm Chew Eu Hock (CEH) Holdings will launch its mainboard initial public offer this week, with about 34 million new shares pegged at a price-earnings ratio of less than nine times. The issue
        405 words
      • 278 22 Oil giant to start drilling well off Sabah in October Bloomberg [LONDON] The Royal Dutch/Shell Group confirmed on Friday plans to spend 12 billion Malaysian ringgit (Sss billion) developing oil and natural gas fields in Malaysia in the next five years,
        Bloomberg  -  278 words
      • 384 22 Reuters [HONGKONG] In their search for stock picks amid the turmoil in Asia, Hongkong analysts have identified IDT International Ltd as an undervalued stock with minimal exposure to regional currency devaluations. "IDT is a fundamentally strong small-cap industrial counter that is grossly undervalued," BNP Prime Peregrine
        Reuters  -  384 words
      • 299 22 Reuters [DETROIT] General Motors Corp on Friday put the cost of two paralysing strikes at its parts plant at Flint, Michigan, at US$2.B5 billion (Sss billion), representing a production loss of 545,000 cars and trucks. GM said in a
        Reuters  -  299 words
    • FINANCE & COMMODITIES
      • 616 23  -  Bat given lag effects, it sees more difficult times ahead Reports by Larry Wee [SINGAPORE] Despite a year of severe convulsions in regional economies, Reuters' Asian operations registered a 5.5 per cent rise in revenues in the first half of 1998,
        Source: Reuters  -  616 words
      • 223 23 [SINGAPORE] Reuters is reorganising itself internally managing profitability along product lines, rather than geographically. "What tends to happen with geographical profitability is that the good product lines get all the attention, and the poorer relations get ignored,", explained Jeremy Penn, who has
        223 words
      • 389 23 After Justice Dept's approval, merger still needs Fed okay Bloomberg [WASHINGTON] Bank America Corp and Nationsßank Corp's U5556.6 billion (5598.6 billion) merger has been approved by the US Justice Department and now faces just one regulatory hurdle. The banks agreed to sell 17 branches
        Bloomberg  -  389 words
      • 193 23 AFP [TOKYO] Chase Manhattan Corp, the second-largest banking group in the United States, will start an investment trust business in Japan, a report said on Saturday. The US group will seek a tie-up with Japanese banks and securities houses and use their outlets to
        AFP  -  193 words
      • 166 23 Reuters [HAMBURG] The planned 1999 flotation of Germany's state-owned Deutsche Postbank AG has been postponed, German news magazine Der Spiegel said on Saturday. According to Spiegel, Lon-don-based banking house Schroders, advisers to the German government on Postbank's privatisation, thought an earlier listing of the bank
        Reuters  -  166 words
      • 460 23 —Reuters [NEW YORK] US investment bank J P Morgan Co Inc, a long-rumoured takeover target, would be an ideal merger partner for a major European bank hunting for United States clients and capital, analysts said. The latest spate of rumours had Germany's
        —Reuters  -  460 words
      • Article, Illustration
        1808 23 PRIME LEMDIMO RATES urn ABN Amro Bank NV |vt ABSA Bank limited 8V« ANZ Bankmg Group 0 AMedlrisft Bank PIC 7* American Express Bank Bvs Arab Banking Corp B'4 Arab Bank PIC 7Vi AsaM Bank lid 8W Ban Hin Lm Bank BM 8W Banca Comnurctaie Kaiana 7V« Banca Neriooaie M
        1,808 words
    • COMMODITIES&FUTURES
      • 560 24  -  SIMBX Weeklyßoundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] The turmoil in the global emerging markets remains at the forefront of G-7 forex trading, after the Asian financial woes spilled over to
        Source: Simex  -  560 words
      • 845 24 COMMODITY Weeklyßoundup AFP [LONDON] The turbulence in world stock and currency markets did not spare commodities last week, with trading shadowing the fortunes of equities and, above all, the yen. Oil prices drew close to an all-time low in London, amid huge
        AFP; Source: Bloomberg  -  845 words
    • 1623 24 SICOM FUTURES Augl4 RUMII (Marw dosfaq <1 SJQpn) tS$ 1 CONTIACT(S CMtt/kq) Oost VotMM OpM U* S*tt (tmw) IrttfSt fepW 112.00 490 Oct* -IH00 1450 N«9I 112.00 1450 0«c W 112-75 ISSO 115.25 2025 119.50 2025 JwS* 99 124.00 8SS 3 CONTRACT (US cwtsAfl) Votww OBM Stt (towwi)
      1,623 words
    • 4347 25 Nat earn EPS Malayan Res* May 29 I 43.9381 65.609 5.0L 12.0 Ma TY LY TV LY Metro Hldgs Jun 26 P *****. 11.895 3.2L 113 Campuly ann <$m) ($m> (cti) (cts) M sia Mining* Apr 30 P 116.173L 43.661 12L 6.10 M'sia Plantn* Jun 29
      4,347 words
    • MARKET REVIEWS
      • 592 26 NEW YORK Concerns vary from corporate profit ontlook to rouble, yuan devaluations AFP Bloomberg THE Dow Jones Index of 30 blue chips shed another 34.5 points on Friday, closing at 8,425 points as the bond market, a refuge from instability, saw interest rates
        AFP; Bloomberg  -  592 words
      • 376 26 LONDON AFP THE London Stock Exchange was sunk by the turbulence of global markets last week, as fears of persistent weakness in Japan, formerly the powerhouse of Asia and the world's second-biggest economy, dogged market sentiment. Despite a small end-of-week rally, the FTSE-100 Index
        AFP  -  376 words
      • 842 26 Q Sydney -3000 AUSTRALIA'S share market will remain at the mercy of the ailing Australian dollar in the coming days after sagging 1.1 per cent over the week to Friday, analysts said. The Australian Stock Exchange's All Ordinaries Index fell 30 points to finish the week at
        842 words
      • 413 26 TOKYO Weakness dne to volatile foreign markets, possible delays in key bills Reuters VOLATILE foreign markets and possible delays in the passage of key financial bills could leave the Japanese stock market vulnerable to further falls this week, stock strategists said. They
        Reuters; FILE PHOTO  -  413 words
      • 1760 26 □fans -44J7 FRENCH stocks could rise this week, led by companies that make most of their sales in Europe on rising domestic demand, like computer company Cap Gemini SA and utility Vivendi SA. France's benchmark CAC 40 Index fell as much as 5 per cent earlier in
        1,760 words
      • 268 26 HONGKONG Reuters HONGKONG'S grim fundamentals and persistent currency fears could cap any gains in the stock market this week and could even lead to a fall despite government intervention last week to fend off speculators. The Hongkong Monetary Authority intervened in the stock
        Reuters  -  268 words
    • KUALA LUMPUR STOCK MARKET
      • 432 27 AFP fyf Composite Index -36.07 THE Malaysian stock market is expected to languish in the coming days after plummeting 10 per cent in the week to Friday, analysts said. The Kuala Lumpur Stock Exchange's Composite Index dived 36.07 points to end the week at 327.98,
        AFP  -  432 words
      • 8584 27 HI MISTRIALS CMtMMf prWvcts 1998 Last Vet Wnk Net Cap High Lew Company Sole 'OOP High Law P/I $mM 310 170 Ajinomoto 172 -3 23 172 170 9.5 69.7 148 35.5 Angkasa 37.5 -1.5 204 40 35.5 0.9 55.3 290 123 Apollo Food Hlg 130 -5 114 137 129 4.5
        8,584 words
    • WARRANTS&OPTIONS
      • 3284 28 BONOS, LOANS ft WAMANTS wv 199* Last Vo4 KNt Last Ouott Avq Nlfb Law Stna Company Sal* ♦ar- COOP) High Law »uy*r Saltan Prka 23.5 8 m 3000 m A MOB c5.5******6 8.5 -0.5 15 8.5 8 8.5 9 20.5 3 3160 Acar ******1USS 4 3 6.5 95 6 3164
        3,284 words
      • 196 28  -  WARRANT WATCH By R Sivanithy IT'S come to our attention that we've never featured Ekran Bhd's warrant in this column, so now is as good a time as any to correct this. The instrument is one of the longest dated in the Malaysian market
        196 words
    • 2206 28 Week ended Au% 14 Of Or 1 9 J"* y«_ LactQiMta H) Oh VM M M Cap Mm< t— Mm Cmmm rooo) m» l— m** u*r cv Ptt %m* 135 28 m ***** AISB 50c MJ 1-5 307 31 28.5 29.5 30 5.0 X3 X5 12.4 3G.3 6
      2,206 words
    • 6320 29 Week ended Au& 14 fir fir m wt IM« Lut Vo* Week Last Quote Ot* Oty VM N«t Cap Avg High Loo St No Company Sal* COOO) High Law Buyer Seller C'w P/C $mN Price INDUSTRIALS 43 11.5 a 1020 ACE Dynamics20c... 12 -4
      6,320 words
    • 1282 29 St*. Company Z2 c£» H»—*U, p£? 134 SO a 2000 ABRHMgsSc 78.5 H>3 2 78.5 783 36 78 38.3 79 243 42 2049 AS Aut0 44.5 -8.5 3296 54 42 44.5 45.5 15.0N 7.0 3.4 4.2 50.8 50 2 3 2 *SJHW«J$20C 57 56 2.5 K)J 0.9 11.0 51.3
      1,282 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        413 30 Source: Deutsche Morgan Grentell Research Source: JP Morgan Stacks VrtMM DBS Land 27.689,000 SingTel 15c 24,063,000 Ener save 10c *****,000 UOB Foreign 20,806,000 DBS Foreign 20,272,000 TAC BtIO 200 18,658,000 OCBC Foreign 17,020,000 Keppel Land 50c 16,674,000 Frt Links 20c 15,986,000 SIA Foreign 14,630.000 Stacks > DBS Foreign 271,422,917 UOB
        Source: Deutsche Morgan Grentell Research; Source: JP Morgan  -  413 words
      • 653 30  -  tub week ahead Investors have developed a disturbing habit of nitpicking while ignoring positive developments By R Sivanithy [SINGAPORE] In last week's column, the 1,000 level for the Straits Times Industrials Index was highlighted as being under serious threat. Since then, the
        653 words
      • Article, Illustration
        62 30  -  -by Shiv Taneja Heshe Holdings closed half a cent higher last Friday at 5.5 cents on a volume of 1.52 million shares, compared with its 10-day traded average of 994,700 shares. The daily and weekly RSI and Stochastics indicate a neutral outlook for the stock, while the weekly
        62 words
  • Page 21 Advertisements
    • 207 21 Celebrating the Ist Anniversary. .o Easy access to the fixed income market for Singapore Dollar investors. DB Lion Bond Fund. The average yield of the fund's assets was 7.2% p.a.* as of August 6, 1998. Singapore Dollar denominated bond fund Portfolio focusing on quality investments Minimised currency risk For more
      207 words
    • 292 21 Stay our well-established APPEffinrlßM AISICF \~Et Treasury Management present on Ist September 1998 at 7pm i to find out how you can stay competitive in Corporate Finance the dynamic and fast-moving financial arena Flind Management venue: The Institute of Banking Finance 10th floor, MAS Building L- Commercial Bank Management -@x
      292 words

  • Page 22 Advertisements
    • 129 22 Ewing Communications Pte Ltd Established in 1990 JHShI The Best Presentation Skills Preview Workshop with lain Ewing Jl Overcoming Nervousness Stage Fright "in Planning Your Presentation Making Your Presentation Memorable ■j*.-.. Body Language for Effective Presentations r "Voice Production Projection more A complimentary seat is reserved for you when you
      129 words

  • Page 23 Advertisements
    • 86 23 l IT>/1 THE WORLD S LEADING XT,, OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 19 /S our wor i ide >.• iff of << ie< J/S multi disciplined proft '.Monafs tnrhiding IflL lawyers. bartered accountant chartered wMI secretar es and banners prov/iaed 7j| confidential and cost effe< r company formation
      86 words


  • Page 25 Advertisements
    • 79 25 fx K I II i i /rl f i /II I /11/'| II I I I I I I I V i I 1 J I r vl J—iWl 11 v-~"~ j Is yZJZZZZZZII 1 i IF i n 1 X^l :.—r. I I I AHOY! I j Europe. Sailing
      79 words
    • 72 25 1 I p=| W= nl H I r; j Ttt ri i J"! imiTi nll ft rn~i~~ 1= 3 i rn rr rn I T -.TT c;::; j)f _Jl I J i i: i —i "fr~ i tin "iH I Li Any Destination, Any Time. Sailing schedules to the Americas
      72 words



  • Page 28 Advertisements
    • 57 28 your advertisement in just found my pet through^\ J. The Straits Times Classified... 1 V the ad I I The Straits Times Classified. 1 you still have the puppy... J described. I'm going to take real good/ I'll Ke riahr nvpri V careofhim. —Tl Buying or selling through j The
      57 words


  • Page 30 Advertisements
    • 508 30 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 In the Matter oT the Companies Act, Cap. 50 And In the Matter at Sqnirarch International Pte Ltd (la Members' Voluntary Winding-lip) Notice is hereby given, pursuant lo Section 308 of the Companies Act, Cap. 50, that the final general meeting of the members
      508 words
    • 268 30 THE COMPANIES ACT, CAP. 50 S.E.H. ASSOCIATES PTE LTD (In Liquidation) At a general meeting of S.E.H. ASSOCIATES PTE LTD duly convened and held on the 15th day of August. 1998 the following special resolution was passed: SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section 290(1
      268 words
    • 503 30 it *J it ft* \~U!=/ TAT LEE FINANCE LIMITED (Incorporated in the Republic of Singapore) The Board of Directors of Tat Lee Finance Limited wishes to announce: UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1096 QROUP COMPANY HALF YEAH TO HALF YEAR TO 3CVOTB 30/8/97 Increase/ (Decrease) 30/0/99
      503 words
    • 325 30 3S Tangiin Mall, every third Saturday of the month, spm 11pm |cata| IN THE MATTER OF THE LAND TITLES (STRATA) ACT (CAP. 158 1988 ED) AND IN THE MATTER OF MANAGEMENT CORPORATION STRATA TITLE PLAN NO. 524 IN RESPECT OF LOTS 92A0J1. 92<V12. 920/L3, 920/1 4.92MJ5, 920/16. 920/ 1)7,920/l'S AND
      325 words
    • 188 30 Fed-up! No one matches your Accounting requirements P Call BSS We Listen Online, Multi-Currency, Ready to Use, Packaged Accounting Software ~v 0 Sales Orders y 0 Delivery Orders 1 S > 0 General Ledger 'kv 7' 4 0 Accounts Receivable 0 Purchase Orders •If 0 Graphs Ratios 0 Accounts Payables
      188 words

  • Shipping Times
    • 290 31 ♦Contributed by Simpson Spence Young THERE is very little activity due to the holidays and repressed chartering market. The dry bulk sector has at least thrown up one notable sale, the Panamax bulker Saphire (68,000/88) which would seem to have now been sold at about US$lO.B million to
      ♦Contributed by Simpson Spence & Young  -  290 words
    • 293 31 SES 000 «"»M SS VI CWT Distribution _.0.33 ChuanHup 0.365 -0.005 13« Cosco investment 0.48 «0.045 24 Freight Links 0.14 -0.015 274 G6 Holdings 0.205 unch 15 Hal Sun Hup 0.43 *0.005 123 Hitachi Zosen 0.515 *0.005 112 IMC Holdings —HK 5.60 Jeye Holdings 0.385 -0.01 25 Jurong
      293 words
    • 553 31  -  Federation wants to discuss rate hikes with conferences at itsAGMinOct By Marcus Hand [SINGAPORE] The Federation of Asean Shippers Councils (FASC) is aiming to unite its members at its coming annual general meeting here so that it can engage conference lines
      553 words
    • 122 31 Bernama [DHAKA] Malaysia International Shipping Corporation Bhd (MISC) has started a direct shipping service to Chittagong port. A newly-built vessel, Bunga Mas Enam, arrived in Chittagong from Port Klang. The arrival of the MISC ship also marked the start of a direct shipping service
      Bernama  -  122 words
    • 75 31 [CASTLETOWNBERE, Ireland] Crew members relax on board the raft Son of Town Hall in the harbour of Castletownbere, in County Cork. The crew arrived in Castletownbere on Thursday, having sailed the raft which is made entirely from recycled materials across the Atlantic from Newfoundland
      REUTERS  -  75 words
    • 700 31  -  DOCKYARD By David Hughes AS the Singapore-based shiprepair industry is only too well aware, it faces strong competition from two yards in the Middle East. Recently ASRY, in Bahrain, and Dubai Drydocks, United Arab Emirates, have steadily increased their presence in the large
      700 words
    • 265 31 [SINGAPOREJ Shippers in India consider port reliability and efficiency to be the most important criteria in their selection of hub ports, according to a survey undertaken by PSA Corp. The survey of 200 exporters, shipping lines and agencies and freight
      265 words
    • 256 31  -  By Marcus Hand [SINGAPORE] Integrated Logistics Asia '98 (ILA *98), to be held here in October, will take an in-depth look at the effects of the region's economic crisis on logistics development. A session on the challenges of logistics in Asia-Pa-cific during the
      256 words
    • 918 32 EUROPE'S DEFENCE INDUSTRY Utimate prize is a slake in a future European aerospace/defence firm capable of competing with eiant US rivals Reuters [PARIS] France has staged a breakaway attack from the European corporate pack with a planned float of its Aerospatiale group. The Socialistled government is
      Reuters  -  918 words
    • 346 32 PACE Evergreen 6 ANl 3 Express! I 14 Accord 8 F <*>n9Sun 8 Ahrenkiel 14 FrotJ 15 Appenship 5 Frt Links 16 Astro 3 ljnk Austral 9 Gemartrans 8 Avant 16 B'tang Mas 8 Gtor Hav BSA 7 HaiSunHup 8 BTL 16 Hanflli 9 Bakke Shpg 14
      346 words
    • 17899 40 THEBUSINESSTIMES thebusinesstimes EXPORT ETA ETA Advartlsar Vassal Voyaga T*l*phon* I ETA ETA Advartlsar V*js»l vo» *9* Talapftona SIN Dast'n Mama Nam* Num6*r Number I SIN Dast'n Nam* Nam* Numb*r NumMr I A To BUENOS AIRES (BUE) 2060 I Argentina To ABIDJAN (ABJ) 2003 I is/06 20/10 cians a
      17,899 words
    • SHIPS IN PORT
      • 617 47 Voy Wo B«rth Arrival Departure Aipftaflarmom 15 J04 alongside 17.08/1500 Arktismeadow 432 J08 tfongude 17 08/1800 Batulicin 018 J10 alongside 16.08/0900 Bonlite 8/98 JtO alongside 18.08/0800 Bt Suriati 4 *****8 J01 alongside 16.08/2100 Camellia Est I JM alongside 23.06/2300 C1»en Y« Mo 7 Tol198 J02 alongside 16.08/1900 Chu
        617 words
      • 1687 47 RECEIVING OF EXPORT FCl CONTAINERS AMD LCL CARGO Boofclng/blanc* Rstls Ship Voy Ho Etb/Btr Ported From To From Aci Mtncia 08A 16/0700 H 16/800 16/165* 16/H00 1i/iS *£00 17/065* 17/0100 t7/MM "/OIOO 17/0700 17/18* 17/MOO 4 rwoo 17/145* 17/1700 AciUtoc 0071 «/»00 U WHM 16/1651 H/mx, *«00 16/1659
        1,687 words
      • 194 47 Aa«ls. Austria: Assumption Day. Belgium: Assumption Day. France: Assumption Day. Greece: Assumption Day. Italy: Assumption Day. Luxembourg: Assumption Day. Portugal: Assumption Of Our Lady. South Korea: Liberation Day. Spain: Assumption Day. Aug 17. Indonesia: Indonesian National Day. Aug 18. Hong Kong: Victory Day. An|3L Luxembourg: Luxembourg City Kermesse.
        194 words
      • 980 47 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of in* market Prices shown are based on average-sired stem. Market movements are indicated. The Cockett Bunker Price Index change and the indi
        980 words
      • 413 47 180 Max 992.0 0.8 19.9 0.10 72 0.07 **13 P—stty Water »nMui Art UmMm Sediment Mo above E25 3 0 8 0 0 0 380 Ave 987.0 0.3 15.8 0.08 29 0.04 tuoa 380 Mm 992.3 0.9 19.2 O.n m 0.28 ggg No above 635 M
        413 words
    • AIR&LAND TRANSPORT NEWS
      • 593 48 Flag carrier Cathay the biggest loser daring one-month disruption Reuters [HONGKONG] A disruption of more than one month to Hongkong's air cargo traffic has burnt holes in airlines' pockets, with flag carrier Cathay Pacific Airways suffering the biggest losses, aviation analysts said.
        Reuters; FILE PHOTO  -  593 words
      • 370 48 AFP [TOKYO] Japan's Honda Motor Co Ltd chief says the company is not interested in forming mega-mergers with other car makers, a newspaper said. Hiroyuki Yoshino, Honda's new president, told the English-language daily Japan Times the company would rather maintain its independence
        AFP  -  370 words
      • 600 48 £lb project nsing smart-card ticketing technology will cut frand, save money Reuters {LONDON] London's Underground subway system may be shabby, overcrowded and desperate for cash, but a £1 billion (552.82 billion) project awarded last Friday aims to give the metro state-of-the-art ticketing, which
        Reuters; FILE PHOTO  -  600 words
      • 265 48 Bridge News [SEATTLE] American Airlines announced aircraft orders for 15 additional Boeing 777 jets to be delivered in 2000-2001. The order expands to 34 the number of the new, widebody aircraft American will purchase, with deliveries beginning in 1999 and now extending through
        Bridge News  -  265 words
      • 540 48 Chinese domestic carrier limits ticket discounts, expands freight, mail services AFX-Asia [HONGKONG] Hainan Airlines Co Ltd said it achieved net earnings growth in the six months to June despite fierce price competition among domestic airlines by limiting the issue
        AFX-Asia  -  540 words
      • 1721 48 n*H! Ctt fUCHT CTP S0T75 1840 SOI 76 n05 AdatoM# BA7381 1930 8A7382 2055 VK740 1410 flWI 1930 0H2 2055 Mat Y«l TG407 >540 TG408 1635 AMsttrdMi KL843 0450 KL838 2300 MI895 2150 Ml896 1815 KL837 M55 HatsMU AW7 035 ATH 205 Auckland N***** 2050 N2428S
        1,721 words
  • Page 31 Advertisements
    • 24 31 France to float Aerospatiale Utimate prize is a stake in a future European aerospace firm capable of competing with giant US rivals. Page 2
      24 words
    • 88 31 Airline profits hit by HE airport cargo fiasco Flag carrier Cathay the biggest loser. Back Page itt«! 4 r dm\ r MM I A —jfcg jfclMl e*sß "if"' I Visa Freight Services Pte Ltd .> i>* J 't i' ■< ~t The Global Vision in Total Transportation Regular Groupage LCL
      88 words

  • Page 32 Advertisements
    • 826 32 I "Q»™4»PHgZ~] I EXPORT I |__gTWgff DESTINATIONS I Iji-ww.Mwnywa-a—fWU Ml MOB CMC NT |MEOCOOn 1 wiw If I I imn f n Jf" 3 'J/» u/«* a/M 01/09 91/09 01/99 "iiTw otToo csavboouanmo Tmms »/m —nm ——*799 94/19 97/19 Tm/ia 1 zz™ ss ss as ss nz ss rss ;;s
      826 words
    • 92 32 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hong Kong ft All China Porta jMK thur a sun vimii vtsstl VOY ETD SIN HA TYO ETA KOt ETA YOK ETA NGO ETA QSA NOL
      92 words
    • 563 32 Unes4 serv»ces represented #M«r^ni^ l@) rsrcssr A Singapore Shipping Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBUIK PROJECT CARGO TO DAMMER/REMANIU (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 20/08/98 BOOKINGS CAU. JUUA/MONKA TEL 323 4374 Monthly Service To U.S.A. On Page 16 y EXPORT 3 Japan -2 Hongkong -1 x
      563 words

  • Page 33 Advertisements
    • 1068 33 TO EUROPE FROM EUROPE [VESSEL VOY SM RTM ANR HAM HtV SOU FIT lEHI [VESSEL VOYI HTM ANR HAM 18V SOU FXT l£H SIH 1 HY COMMODORE 314W 20/08 12/09 09/09 10/09 07/09 MOSB S2II 24/07 28/07 31/07 01/08 IS/OS RHINE S22W 21/08 06/09 08/09 11/09 12/09 THAMES S49E 01/08
      1,068 words
    • 1944 33 0 HANJIN SHIPPING H WJIW SHIPPING (S) PTt LTD hnp I*** cam lOOKING 32W235 23/ SALES 32M224 231 DOCUMENT 3?M»71 774 OPfIATIONS *****41 252 MAIN LINE *****55 f« *****60 CI NO **********0 M TO NW USA CANADA USA CANADA* fOBVU/VOT I I UWMAIA/VOT St* I TTW DPI POI 01 My
      1,944 words
    • 511 33 VESSEL VOY_ _SIN_ PKG VOY SIN HKG KEI USN PUS I VOT I SIN PK6 I VESSEL I YOY Q»TC PUSAN BIOS 07/00 14/00 14/00 11/00 19/00 uffitfßUNG f il'/m I li'M I KMTC ULSAN 181 IS Im/mI 11 MONTANIA 11S 09/00 11/00 UN 12/01 14/00 10/00 20/00 7i7iio KMTC
      511 words

  • Page 34 Advertisements
    • 1368 34 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/MEDITIgRRANEAN/CANAD A VESKL VOY [SIKH LEH RTM ANR HAM BRV FtX VESSEL VOY SM JED GIT SPE FOS »IC MTR HMUWKEELUNG WOB3C 14 M MM 06M IB M MM MM CHOYANG VISION WMB3O 12 M 23M 21M 31M KM MM 11M HANJM WILMINGTON WNB34
      1,368 words
    • 1011 34 SPOftt M'SIA POW<G: (04) *****36 8AHMM:(662)*****57 SSSfiffifSS. *****1-3 XINGANG PENANG MV "KOTA HAD I AH" V.HIAI6S My ETA SIN: 22/08/98 SWAN V.3408 ETA SIN: 20/08/98 HAIPHONG CANADA MV "MEUNH" V.E3198 MV "HANJIN HONGKONG" V.073E ETA SIN: 22/08/98 ETA SIN: 23/08/98 HONGKONG HAM/RTM/FXT MV "UNI VIGOR" V.0122DN MV "HANJIN SAVANNAH" V.072W
      1,011 words
    • 505 34 |».IJESSELTON LINE Br JS nb ati34s« vaxi ismus MUARA j LABUAN vessel vor etc eta vissa vor no eta SfOtl MUARA SPOKE IM jjrosra nai/n 15/00 is/oe J-rtosrai V2Ol/90 is/oo 11/01 APMGIOIT V2II/9S 20/08 23/01 APWEOOBT V2IE/90 20/01 24/01 V2IE/90 24/01 27/00 J- «««< V2IE/90 24/00 2>/« APWEGUHT V 221/90
      505 words

  • Page 35 Advertisements
    • 1608 35 .y |r^T|i d §JITITMTi AihIIVii.1 voillijBJ 1.1 rAJHI I 1 j WLI k 111 nij h 11• 111 H|l JIIKI k 1 11 mmlk ll B |k I 1 11 Ji] JI B k rii I L»J kFJ ™I k I JI >vk I VESSEL VQY SIN POU PKO PEN
      1,608 words
    • 1675 35 TO ISRAEL IN 13 DAYS EVERY THURSDAY I CoTtIR lib ".XT*"" nu 226 1900 (AX:*****0« OUTWARD (l/l) 4205M2 JOHOSI Of FICf ICR mV *****8WWOM 5 4205 M,/43, /43 INWARD DIPT (0/0) *****85 COSTAR AGENCIES (M) SDN BHD *****25 TEL 02-07-35 ***** FAX: 02-07-*****70 K/Dm S)8 SUw Zm SL m MB
      1,675 words
    • 573 35 I tr EASTERN CAR UNER, LTD |A-1 ta (SINGAPORE) PTE LTD SgSSL 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 122 TONS ECL (SINGAPORE) PTE LTD LOADING FOR eARuTfA7CHffmRSNS LONG BEACH/TACOMA/VANCOUVER MV "TIERRA AZUL V.19 MV "COSMIC MASTER" V.51 EUSN raaNW /98 8/09/9* ETA TACOMA 22/09/98 ETA VANCOUVER 25/09/98 MANILA/SUBIC BAY/HO
      573 words

  • Page 36 Advertisements
    • 1282 36 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA I SGP ROM ANW HBG THP ZEE LHV LHV THP RDM ANW HSG PKL SGP E DIAMOND RW-001 25/08 11/09 16/08 13/09 14/09 15/09 17/09 E GARLAND RE 054 26/07 25/07 21/07 29/07 22/08 E. DELUXE RW 004 30AM 18/09 22/09 19/09 21/09 22/09 23/09 E. GLOWING RE-045 01/08
      1,282 words
    • 477 36 1 I Any Destination, I Any Time. Sailing schedules to the Americas more. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service offered by THEBISIXE&STIMBn Shipping Times W Vila* SC2 Dgtg. i'bfi f ttafcj* C'twm »JU« j"**'**- 02/0* M/W 04/W 04/ M IS/W 17/W
      477 words
    • 422 36 /C7T > NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vessel 1 vor I sin 1 pm I pun err i/wt NANTAI PRINCESS VO23S 23/01 07/09 11/09 NAHTAI QUEBt VOWS 31/08 09/09 13/09 U/Q9 21/09 nakiai dragon vows 07/09 17/09 21/09 u/w NANTAI PWWCE VO24S 15/09 79/09 03/10 NANTAI
      422 words

  • Page 37 Advertisements
    • 374 37 IM MYANMA pHHk FIVE STAR LINE (Myonmar Notional Um) Loading for Yujh (Rangoon) vtssa vor sw m km raj umw oiw sto patiem isow su> MALATSU AGfHTS: IOUSTUO SMPPING AGfNCKS MIL m (13) 2417)00 Ml; TH (03)*****01 KM: HI (04) *****42 P«fc HI (07) *****21/4 BANK LINE (A sorvko of
      374 words
    • 918 37 l MM HYUNDAI MERCHANT MARINE CO.. LTD. |VB» VOL SOU tßll «T» lAW I HAM Imv m EE2L™*2!J2 n/w w/w o% 7^5 E^"" 000 1 M2J242 M/0 ]0/ W** s 5491 27/07 01/* 29/07 30/07 I »/2 MM S22W 11/01 11/09 12/01 06/09 00/09 NOtAGAII 0071 M/ 07 01/ M
      918 words
    • 967 37 |l ml specofcred otMxamtn Gto)§(o](s Wilhelmsen Lines TO NORTH AND UTIN AMERKA *RORO HEAVYUFT SERVICE* TvOY RAW WIGHT SIM LAX CXI MIA SAV BAL OKF T~HTC HFW MM fwiou Flu 400 Ims 6JM ImtoSt 10/ot Woo tt7oT uJW ~uJW 2t7oT M7oT WiT o*7io~ MMPA FOI7 4001«H 6.3* 26/01 22/09 01/10
      967 words

  • Page 38 Advertisements
    • 775 38 BANGKOK/MAPTA PHUT/LAIM CHABANO JAKARTA/PAMJ ANO VESSEL 1 VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN CHANABHUM" 31N 18/08 21/08 ACX JADE* 278 In Pt 20/06 BAN! BHUM 111N 18/08 22/08 21/08 VIRA BHUM 2248 In Pt 21/08 20/06 SINO OCEAN QCNIOS 19/06 22/08 ANRO JAYAKARTA' 062 18/08 22/08
      775 words
    • 494 38 BINTANG MAS SHIPPING PTE. LTD NEM- ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****6 SINMER CR No: **********0W Rt**vtnfl Cargo t PTI I I Sintulii I iiywi mm m sin gy ws& m m m »S" HUM 25/06 MM V9814E 19 20/06 25/01 vw,7f °*®VO9 10/09 MM mis/E 22
      494 words
    • 631 38 *11 J| ACCORD I H SHIPPING PTE LTD I m s ***** IS (40 lines) PAX *****30 KMTUAHG (03) *7 1001 f| iCT ACCISS TH.: *****55 (tXPO«T BOOKING) MSaCUMMG W)JSIfJ77 |E *****34 (6XPO6T DOC), *****39 (IMPORT) fHUM (04) 1440 u ®*h"*//www.acco«o.com.so iOiurri (wuoom i POgT na im "potT mmn font
      631 words

  • Page 39 Advertisements
    • 418 39 INDONESIA NATIONAL LINE TO EUROPE H EXPRESS SEMI-COWTAiNERtSED SERVICE VSI VOY DAM/H D*M H »URO |/UITWf VESSEL |_15fl0_| 20/10 "IsTlO oifT" 05/1' TO AUSTRALIA 1 FULL CONTAINER SERVICE v«- voy I rag 1 IWt I tro I MR 1 HM I ML If MOTMUWBITHWnS 17S 2MO 22/00 0200 OMR 07«
      418 words
    • 676 39 3 I PACIFIC INTERNATIONAL UNES (PTE) LTD I I J Cecil Street, #03-00 PIL Building, Singapore *****0. CRNO: 100e*****00t lIVBW V9T mr** I W Nfl mt m ADT 5i lUHGA TERATAI3 0TT313 20/0 Jl/1 M/ 02/94/0 Ul ff% SV ~jS--66a aNuTy 651 Wlf— "J37i tn flf r m !S£- -JJGLIMA
      676 words
    • 803 39 J I LEH HAM THP RTM ZEE I TAURUS A27W 18/08 28/08 31/08 0009 07/09 08HD9 10/09 I<M» I V-LE P'AQUAWUS U27W jjjM 02/08 07/09 13<09 13/09 lfl/09 17/09 16/09 I VU.E DE ANTARES L27W 01 A» 09/09 14/09 20/09 22/09 23/09 23/09 24/09 WXEDEVWQO S27W 17/09 21/09 26/09 28/09
      803 words


  • Page 41 Advertisements
    • 60 41 vaul Dial 740-6000 on demand! —(Retrieve more schedules!) 't-»,* VPress "1" Select the port and key in VJ the four digit code eg: To New York (NYC) 2275 Key in your fax number 1 your phone number Another Innovative service offered by The document Will be Shipping Times "IL/ faxed
      60 words


  • Page 43 Advertisements
    • 58 43 STqfl Dial 740-6000 on demand I —(Retrieve more schedules!) T JO Press "1" I „Jp\ Select the port and key in s the four digit code eg: To New York (NYQ 2275 STI Key in your fax number your phone number Another innovative service offered by r The document Will
      58 words

  • Page 44 Advertisements
    • 858 44 ■w SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: RS***** CR NO. **********00 .pA LL -°-j^ T -"-!L 2 5-?yivf?-^ E -'y^ /CELiA/iiiiEi CHAN 7 slgs/week [22B2HSZH 2 SLG/WEEK 11 VESSEL VOY SiN JAK VESSEL VOY "SMI PLB
      858 words
    • 491 44 ENG Lfl SHIPPING CO pn UDI I 53J007J (4 Uim) Fax: S330I30/S*****0 I 1S*****000Q( I issa vor sin eta sin etd destination Mono Polo 42 15/98 17/08 18/08 P»owono Rosmokmwn 12/98 17/08 18/08 Surotwvo Mono Polo 26 16/98 17/08 19/08 Oumor Mono Polo 46 07/98 17/08 18/08 Jotorto ,0 T
      491 words
    • 480 44 pem SIN FAR EAST 23/08 KEELUNG/KAOHSIUNG 23/08 BANGKOK 23/08 MANILA/CEBU 23/08 JAKARTA/BELAWAN/SURABAYA 23/08 PORT KELANG/PEMANG/E MALAYSIA 25/08 BUSAN 23/08 T0KY0/Y0K0/K0BE/NG0/0SA 23/08 HONG KONG SIM CHINA H#±»*o) 1 23/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TlANJIN/OINGDAO/HAIKOU m EUROPE/UK 23/08 LDN/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 23/08 LOS ANGELES/NEW
      480 words
    • 446 44 irrrg Singapore Soviet Shipping CPL CI N* **********0* k\\l Multiline Shipping PL W33) (WWyt>—<iSAAry) a No **********0 C VESSEL VOY SIN BOM PNG PKL BUXMOON 116N 22/08 30/08 11/09 12/09 KOTARUKUN RKNOII 29/06 06/09 18/09 19/09 KOTA RATU RTUOI9 OS/09 13/09 2S/09 26/09 VESSEL VOY SIM CALCUTTA «N~ TOMARI 208/98
      446 words

  • Page 45 Advertisements
    • 901 45 11 ASIA MEDITERRANEAN EXPRESS AME) WESTBOUND SERVICE I VESSEL VQY I SIN I CMB P»R ILA SPEZIA I VIC LfH I FXT ANT NQ3 SHARJAH 9832-3 17 AUG 21 AUG 31 AUG 03 SEP Q5 SEP 0? SEP 10 SEP 11 SEP I MSC REBECCA 9833-3 24 AUG 07 SEP
      901 words
    • 1699 45 il vßsa/vtma »MI I IJS3SJ" 22" *•<* <** —otm Slm ow DaQIEISIji stpw won hwta mm Em] Inyka»mL« £2ft £2 iim 1919 munomu mum 2107 2107 im; 02M ism jam 2SM 27* mm|| I|l M m m osmii tut 1949 21M 72.0* 26 09 WMWOM 021A31 01.00 0101 04.01 0101
      1,699 words

  • Page 46 Advertisements
    • 766 46 I VESSEL VOY SIN MAA SIN TIGER ISLAND 643N 18-19/08 23-28/08 0203/09 TIGER WAVE 644N 24 25/08 30 0209 07 08,09 TIGER BRIDGE 645N 2&27/08 01 04/09 09-1009 TIGER BAY 646N 28 29/08 03-0709 12 1309 TIGER ISLAND 647N 02 0309 08 1209 17 m09 TIGER WAVE 648N 07 0a09
      766 words
    • 554 46 11 FREIGHT LINKS EXPRESS T |X *****66 (6 Unos) Fax: *****33 E-mail: fiesin@singnet.com.sg 1 REGULAR CONSOLIDATION SERVICE |H ALEXANDRIA/ BUENOS AIRES/ CEBU/ CALLAO/ COLON, PANAMA/ 1 ISTANBUL/IZMIR/ LAEMCHABANG/ MALTA/MEXICO CITY/MANZANILLO/ PASIR GUDANG/ SAN ANTONIO, CHILE/ SANTOS/ SHANGHAI Overseas Offices AO AVANT SHIPPING LINES f/terSttSsaf 'NOOMESjA H& isi §s su. n
      554 words
    • 1146 46 1* r**"o *T*vyi»v*iAj 4 1I Xi/«AJ OOCL (Sinffopore) Pte Ltd CFS I 79 Ansm Rocd #21-04 (S) *****4 Mk 513 #01-128 (±> 3 C I "*****000H kt 272 7827 for booking r=fl W: *****13 F« 221 3942 F.«: 272 7825 °°C L (Malaysia) Sdn. Bhd. 4 si I JAYA J*
      1,146 words

  • Page 47 Miscellaneous
    • 91 47 ;^^^EHEaIinnSSEEZiEI9HH LEGEND: R Thunderstorm Temperature 7 Shower Weather Wmd direction with speed in knots Ram \_J Cloudy Sky Wave height Surface winds ore indicated by arrows which fly with the wind ■I"."""','.'?"'" 50kno„ Wove heights m un,t, of 0 5 n*tre: 01-0.5 metre. 02 1.0 metre. 03-1.5 metre, etc Centre
      91 words