The Business Times, 16 September 1998

Microfilm: NL21223
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA(P) 1 icy 12/97 85c SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, SEPTEMBER 16, 1998
    15 words
  • Article
    MARKET SUMMARY
    57 1 DmLb (+24.45) NMI uaaut (+*.7«) f^BTOOHP Uo&ai (+16.08) *>••■iv :>• yv stock finuiEs 1 U134J80(+4.2) BBS"— ToMdkqr Ghaap» KLSEOOMP MIS -ill 7.78L47 +7U1 SET INDEX am -t* JAKARTA OOMP ___292L«5&t_-»a^ MA NH A COUP _U4t* 4U4 TAIPEI WP!. VKin HI SEOUL COUP S1M9 X% CUSA CHINA B AUSTALL080
    57 words
  • Article
    FINANCE
    48 1 TCBZ1A3B 081 lr— ,J "—S YW »_LW W- 0J2Jjm mh WFIAH •Mtmmmm FUME 1439 80BAPOBE* 7JB HWA LUMPUR 1U| JAKARTA MM BANGKOK 14.71 MANILA 1 OM BONG BONO .IMS MW—s—; ..4H SWWSf TWO© ~2Ji LOW** -IT?* N®nw» **«np«fixku*.~nMt -"mini Ihrt fcml ifi (StaneMMluk) "I (Source: NetWest Bank)
    48 words
  • Article
    M'sia can see growth in 12 months: Salomon
    755 1  -  Country able to repay all foreign debt by end-1999 and still have reserves left over From Eddie Toh in Kuala Lumpur MALAYSIA is in a position to return to the growth path within the next 12 months, said Salomon Smith Barney, the
    755 words
  • Article
    Stock profits not bound by one-year holding rule: KL
    409 1  -  Bnt principal sums subject to capital controls: brokers From, From Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S central bank said yesterday that profits foreign investors make from stock trades are not bound by the one-year holding period. It said that its Sept
    409 words
  • Article, Illustration
    Lock icon Jakarta stock index dives 8.9%
    350 1 Market hits 5-year lew on talk of forex controls Bloomberg Reuters INDONESIA'S benchmark stock index plunged 8.9 per cent to its lowest in five years on speculation the government is planning to introduce foreign exchange controls. The benchmark Jakarta Stock Market Composite Index fell 28.45
    Bloomberg; Reuters  -  350 words
  • Article, Illustration
    S'pore to build $5b science hub, study Nasdaq equivalent
    609 1  -  By' Teh Hooi Ling [SINGAPORE] Singapore will build a $5 billion Science Hub in the Buona Vista area as part of the government's efforts to foster entrepreneurial hi-tech businesses. The Science Hub, which will include Holland Village and the present two
    609 words
  • Article, Illustration
    Lock icon SES, KLSE agree on Gob share transfers, details soon
    259 1  -  By' Ven Sreenivasan [SINGAPORE] The Stock Exchange of Singapore announced yesterday that it had finalised with its Malaysian counterpart the procedures for the transfers of Malaysian shares traded on the over-the-counter market here to the Malaysian Central Depository. "Details will be
    Source: Bloomberg  -  259 words
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      165 1 -r. I SMWiregpi— Senior Minister Lee Kuan Yew yesterday said it is untrue that he timed the publication of his memoirs to take advantage of Malaysia's diffi- cutties. Plus, extracts from SM Lee's memoirs, Vs;i sgk jSSe I: (Sftjfgn DBS arts prime DBS Bank has cut its prime lending rate
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      12 1 Change in Malaysia, Pg 7 Derivative* waiver won't create loophole, Pg 7
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      90 1 NOL warns of losses National shipping company Neptune Orient Lines yesterday warned that it expects to report 'qaite substantial' losses for the first half of this year Full story In Shipping Tim**, Pg 1 You never actually own a 4 > r* 4> f Patek Philippe. You merely look after
      90 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon DBS, Credit POSB cut lending rates by 1/4 pt
      366 2  -  Move makes DBS the 2nd Big Four bank to cat prime lending rate after UOB By\ Siow Li Sen DBS Bank has cut its prime lending rate by a quarter percentage point to 7.25 per cent, effective today the second Big
      Source: MAS  -  366 words
    • Article, Illustration
      SP hopes to seal Indon gas sales pact in weeks
      475 2  -  Utility firm sips preliminary MOU for natural gas supply By Ronnie Lim SINGAPORE Power (SP) hopes to advance its gas purchase talks with Indonesia to a gas sales agreement (GSA) proper in coming weeks, sources said. This follows its signing
      475 words
    • Article
      S'pore will be in trouble if it does not cut costs: SM Lee
      351 2  -  By < Chuang Peck Ming SINGAPORE must cut costs and restore its competitiveness against neighbouring countries, or face closure of more manufacturing plants and higher unemployment, Senior Minister Lee Kuan Yew cautioned yesterday. In the longer term,
      351 words
    • Article
      Strong demand for high-end disk drives, says Seagate
      398 2  -  Hy, Jennifer Lien DEMAND for Seagate Technology's high-end disk drives is firming, although the desktop PC drive segment is still seeing keen competition, a senior company official said yesterday. "The rapid adoption of (technology) is allowing some really strong demand on the
      398 words
    • Article, Illustration
      Lock icon Nominal earnings up 4.3% in Q2
      329 2  -  E7E ON THE ECONOMY Labour ify Carol Eng NOMINAL earnings grew 4.3 per cent in the second quarter compared to a year ago, moderating for a second consecutive quarter. Coupled with declining productivity, this resulted in a sharp widening of the productivity- wage gap.
      Source: Dept of Statistics  -  329 words
    • Article, Illustration
      Lock icon Unhappy S'porean buyers set for battle over Wuhan project
      488 2  -  They want developer to tackle complaints or refnnd deposits By David Boey SINGAPOREANS who bought units at Wuhan Plaza, a property development in the Chinese city of Wuhan, have Joined forces for a battle royale with the developer. The group of
      CHRIS LOH  -  488 words
    • Article
      Motor Bureau settled $1.4m in claims last year
      240 2 THE Motor Bureau of Singapore last year settled 26 claims, worth $1.41 million, involving victims in hit-and-run accidents. In 1996, the bureau, with a Singapore membership comprising Lloyd's underwriters and 45 insurance companies, settled 27 claims worth $1.2 million. The main activity
      240 words
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      190 2 Opeo may cut output further, Pg 22 I PERKS talks to I I Enterprise HR I I Systems! I «Bj| interfaces to external HR Systems. If you are using Sj§® Enterprise HR Systems, talk to us about how PERKS imports the masters and transactions automatically and generates the payroll according
      190 words
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      7 2 Memoirs of Lee Kuan Yew, Pg 4
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      108 3 ARPMORE PARg: SINGAPORE'S MOST DESIRED RESIDENCE ?3§pgl IPr^' ©PCKK? LA PASSION DU BAIN •rt rjf» Iff- At Ardmore Park, we believe that you should be able to pamper yourself in your own home. Little wonder then, that in each of our 5 bathrooms and the cloakroom, you will find the
      108 words
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  • MEMOIRS OF LEE KUAN YEW
    • Article
      Untrue that book was timed to take advantage of KL's woes: SM
      565 4  -  What I've written, I've checked against records, especially when recounting the race riots, he says By\ Chuang Peck Ming SENIOR Minister Lee Kuan Yew yesterday said it is untrue that he timed the publication of his memoirs to
      565 words
    • Article, Illustration
      Losing to Tunku to win; Siew Sin won but lost
      1100 4 FOLLOWING are more extracts from Senior Minister Lee Kuan Yew's memoirs. Tonka Abdul Rahman, Malaysia's first prime minister To negotiate with the Tunku required a special temperament. He did not like to sit down and join issue face-to-face after having
      1,100 words
    • Article, Illustration
      How Kim San helped to build up votes
      892 4 SENIOR Minister Lee Kuan Yew's memoirs touched on the men linked inextricably in one way or another to Singapore's modern history. The following extracts shed his insights on some of these men who had a hand in shaping the Singapore of today.
      892 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Britain supports HK's defence of US$ peg
      201 5 We understand the exceptional steps taken, says official Reuters [HONGKONG] Britain yesterday gave its backing to the Hongkong government's efforts to defend the US dollar peg to the local currency. "The British government supports firmly the effort of the Hongkong government to defend
      Reuters  -  201 words
    • Article
      Lock icon S&P warns of financial weaknesses in 16 economies
      452 5 List includes 7 Asian countries; np to 70% of China's assets at risk AFP [HONGKONG] Global credit rating agency Standard and Poor's warned yesterday of weaknesses in the financial systems of 16 economies, with up to 70 per cent of China's assets
      AFP  -  452 words
    • Article, Illustration
      Lock icon Asia struggling with crisis in intellectual vacuum: Ramos
      521 5  -  He repeats call for Davos-style forum to solve region's woes By] Louis Beckerling [SINGAPORE] Policy to combat the financial crisis in Asia appears to be unfolding in an "intellectual vacuum", complained former Philippine president Fidel Ramos in an address here yesterday. Making
      SIEW YAW HOONG  -  521 words
    • Article
      Lock icon Korean won hits 3-month low on debt concerns
      264 5 Bloomberg Reuters [SEOUL] The South Korean won fell below 1,400 to the dollar for the first time In three months on concern that foreign banks are recalling loans to reduce lending risk. The won weakened 0.97 per cent to 1,402.5, its lowest
      Bloomberg; Reuters  -  264 words
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      175 5 Lost vour m^ Try finding it at Classification 821 (Found) of The Straits Times Classified. CATS. ff iifill n iiiiiiiMlltMlmi i'i ii Hi ii r nttk.M S2AJ|\A/ Hr WJ&r WA ®BB h B \vl •*:-ißi < V^hlß hi ii wMI M-fc'latt The BMW 5 Series Touring. Incredible as it sounds,
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      9 5 Signs of stress in S'pore financial system, Pg 17
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon So which way will the Sing dollar go?
      1147 6  -  Take your pick of three scenarios that may affect the local unit cy Larry Wee ZfyLarryWee [SINGAPORE] OVER the last fortnight, much has changed on the ternational financ i a 1 landscape. Suddenly, the greenback looks much more vulnerable than it has
      Source: HypoVereinsbank  -  1,147 words
    • Article
      Quick fixes lead to higher inflation
      431 6 Intelligent macro policies, sound banking system vital MALAYSIA'S exchange controls may well appeal to many policy-makers, despite the speed of denials that they are considering similar moves. Asian businesses continue to be hurt by forex volatility and the high interest rates put in place
      431 words
    • Article
      The next accident could still be in the Americas
      381 6  -  AXALYBB By Quah Hong Chye [SINGAPORE] There are reasons to suggest why US dollar strength can no longer be taken for granted. For example, Japanese yen weakness associated with last Wednesday's surprise cut in call rate to 0.25 per cent, from
      381 words
    • Article
      THE WEEK AHEAD
      355 6  -  Larry Wee United State* Today: Key policy speeches by Treasury Secretary Robert Rubin and Federal Reserve chairman Alan Greenspan scheduled, according to IDEA. Also out today, the Beige Book briefing for Fed governors before their interest-rate setting meeting on Sept 29. It could fhel recent talk that
      355 words
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      239 6 w&O&W< Can't decide which Ztock? \t. «diy^r > I Uf"|^i" llr' jjSirTfc* i- tesiw "w'iiff £top worrying about which stock to pick, because W»» 7« it Art Trahnf? right now, you can trade the SIMEX MSCI »i th y Me of the following: Singapore Stock Index (SiMSCI) futures. SIMEX Corporate
      239 words
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  • CHANGE IN MALAYSIA
    • Article
      KL's derivatives waiver won't create capital control loophole
      557 7  -  Foreigners trapped in ringgit assets won't be able to shift money out: analysts From From Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S new exemption that those trading derivative futures are excluded from the one-year holding rule does not create a loophole to circumvent
      557 words
    • Article, Illustration
      Anwar-Mahathir rift: a role for Habibie?
      868 7  -  tfUITBV Can Indonesian president pull off a surprise over Anwar's sacking during his planned EL visit? Pv Yamg Razali Kassim WHEN President Suharto was ousted in May after 32 years in power, many had come to expect the fallout to hit far and wide.
      868 words
    • Article
      S&P downgrades Malaysia ratings after Moody's cut
      243 7 It points to dramatic worsening in policy environment [LONDON] Leading credit rating agency Standard Poor's downgraded Malaysia yesterday, citing a "dramatic deterioration" in the policy environment. The decision follows a similar decision by Moody's Investor Service, the other of the big two US
      243 words
    • Article
      Lock icon Maybank cuts rate for 6th time in two months
      209 7 Bloomberg [KUALA LUMPUR] Malayan Banking Bhd, Malaysia's biggest bank, cut its key lending rate for the sixth time in two months, falling in line with the government's push to ease credit for the country's cash-strapped companies. The government has been prodding
      Bloomberg  -  209 words
    • Article, Illustration
      Lock icon Anwar says former aide arrested
      277 7 Reuters Bloomberg Bernama [KUALA LUMPUR] Malaysia's sacked deputy premier and finance minister Anwar Ibrahim said yesterday that authorities had detained his former aide and he expected to be arrested later this month. Mr Anwar told a news conference at his suburban home that Mobamed Ahmad,
      Reuters; Bloomberg; Bernama; AFP  -  277 words
    • Article
      Lock icon Bank Negara to act against errant banks
      160 7 Reuters [KUALA LUMPUR] Malaysia's central bank will take action against banks that fail to implement the government's economic recovery measures, Malaysia's Second Finance Minister Mustapa Mohamed said yesterday. The national Bernama news agency quoted Mr Mustapa as saying that Bank Negara had been
      Reuters  -  160 words
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      87 7 rtnanHal 16economies: S&P's, Pg 5 i i 4 i ,r T Your morning paper at 3am. '4 -?>• »v i v'.. V,!: v If you reside or work at Bukit Timah, Holland or Shenton Way, you can now receive your personal copy of The Straits Times at 3am. At a
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Abri won't give up seats in legislature: Wiranto
      532 8 Armed forces currently reviewing their role in Indon political life, he says JAKARTA AFP THE all-powerful Indonesian army has said it will review its role in the country's political life in the face of mounting criticism, but has ruled out beating a
      AFP  -  532 words
    • Article
      Lock icon Team to question Suharto over wealth soon
      379 8 JAKARTA AFP Reuters THE Indonesian government will question former president Suharto over his wealth this week, the head of a presidential advisory board said yesterday. "In the next one or two days within this week, there will be a team that will investigate
      AFP; Reuters  -  379 words
    • Article, Illustration
      Lock icon Making regional news
      70 8 [JAKARTA] Dow Jones vice-president Philip Revzim Q/eft) and executive editor of the Wall Street Journal Urban Lehner (centre) presenting a framed front page of thefirst edition of the Asian Wall Street Journal printed in Jakarta to Indonesian President BJ Habibie at the Merdeka Presidential Palace here yesterday.
      AFP  -  70 words
    • Article
      Thai health minister resigns amid corruption probe
      315 8  -  His exit's expected to save image of Democrat-led govt From] Harish Mehta in Bangkok THAILAND'S health minister, who was a key coalition partner in the ruling Demo-crat-led government, resigned his cabinet post yesterday amid a continuing investigation for corruption, thereby allowing the government
      315 words
    • Article
      Lock icon Apec talks end with little hope for accord
      284 8 KUANTAN AFP APEC officials ended three days of talks here yesterday amid doubts over whether a credible package for early liberalisation in nine priority sectors will be ready when Asia-Pacific leaders meet in two months. Wrapping up the final meeting of officials
      AFP  -  284 words
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      53 8 I ©DBSCARD CENTRE <tjjV |idffl T*V~ N 'i. «yyg *H, r. "^VX^ 4 «--w>^ibi' w 4 A %^^i rl 4% vH :^r^^|i|P^|3^9nHßHH^HH9 iJBBm freedom J p ri'* ■■■■■I|ll ill The lure of liberation TTbe flamboyance your /In adventure of passion and speed that /In experience only you can money can
      53 words
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      5 8 Ally's exit bolsters Chuan'shand, Pg9
      5 words
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  • FOCUS
    • Article, Illustration
      Lock icon Ally's exit bolsters Chuan's hand
      1142 9  -  There are other cobwebs to clear in the coalition, but for now Oman's team seems the best choice for government From, Harish Mehta in Bangkok THE resignation yesterday of corrup-tion-tainted health minister Rakkiat Sukthana has improved the chances of the ruling Demo-crat-led coalition winning the
      FILE PHOTO  -  1,142 words
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      17 9 v\Y\ BAYER ON BAYER 3» (11 lp i Baygon isn l ifte'only way J we prolcct Singaporeans.
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      69 9 electron ica 98 FJy The International Trade Fair for [Hu 1 Components and Assemblies in kJli Electronics November 10-13,1998 New Munich Trade Fair Centre Conl—no» NMI M—p—lB<Mo» Wa IM 1 MarWme Square, #00-43 World Trade Centre Lobby B, Singapore *****3 Tel. (65) 27 *****. Fax (65) 27 84 077 Y-Mf
      69 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Govt okays HK$64b rail project to create jobs
      422 10  -  West Rail will be the biggest infrastructure project after airport From. Loh Hui Yin in Hongkong THE government has stepped up its efforts to create jobs it has given the greenlight for a HK$64 billion (5514.2 billion) railway link between urban Kowloon
      422 words
    • Article
      Lock icon HK jobless rate seen soaring to 15-year high
      305 10 HONGKONG June-Aug figure expected to be over 5% with 170,000 people onto! work AFP Reuters HONGKONG'S unemployment is expected to jump to a 15-year high of over 5 per cent in the three months to August as more firms downsize amid an
      AFP; Reuters  -  305 words
    • Article
      Lock icon China should go for 7-8% growth up to year 2000: official
      259 10 BEIJING Reuters A SENIOR Chinese planning official has said the nation should pursue "moderately fast" economic growth of 7 to 8 per cent in the 1996-2000 period, the China Securities newspaper said yesterday. "It is impossible and not advisable
      Reuters  -  259 words
    • Article
      Lock icon Beijing to spend 15b yuan on building state granaries
      192 10 BEIJING Combined storage capacity will be 25m tonnes, says official Reuters CHINA plans to Invest 15 billion yuan (Ss3.l billion) to build an unspecified number of state granaries to boost grain storage capacity, an official and a newspaper said yesterday. "We
      Reuters  -  192 words
    • SINO Briefs
      • Article
        Lock icon China to double gas output by 2005
        100 10 Reuters [BEIJINGI China said frwould double its output of natural gas to 30 biUioo cubic metre* by 2006. By the end of the century, China is expected to verify an additional one trillion cubic metres of onshore gas reserves, for a total underground
        Reuters  -  100 words
      • Article
        Lock icon Russian woes affest border town
        74 10 Reuters [BEIJING] The number of Rusafen tourists and vehicles entering China through theborder town of Manzhouli in northern Inner Mongolia has fallen by 30 per cent since Aug 17 due to the devaluation of the rouble, Xinhua said. A ManzhouU shopkeeper said: "Without the Russians,
        Reuters  -  74 words
      • Article
        Lock icon Target: graft in Chinese legal system
        78 10 AFX-Asia [BEIJING] China has disciplined nearly s,oooJudges and prosecutors in a campaign to wipe out corruption in the judicial system, Xinhua reported. "Courts received over 12,000 reports in the firs* eight months this year, placed nearly s,ooojudges on file for investigation, judged 4,701 of
        AFX-Asia  -  78 words
      • Article
        Lock icon 7,000 yuan fee to ensure one-child policy
        82 10 AFP [BEIJING] Local officials in southern China are ehargtog a 7,000 yuan (551,450) marriage deposit which will only be returned ifcouples stick to the one-child-per-family policy, the Xinmin Evening News reported yesterday. Residents of Taihe township in Guangdong province must pay the sum
        AFP  -  82 words
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      147 10 1 f \i HH J f -i Hnyafrail^M I }J B|Hf fINP* I V Hfr//* fl SL .1 WANT YOUR PACKAGE WAITING FOR YOUR r I lEMT INCTEAh LIK I V I II «i IE But some packages really need F If Fnf to be in your client's hands on
      147 words
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  • ASIA
    • Article
      Lock icon Indian state banks urged to merge
      201 11 NEWDELHI Reuters INDIA'S state-owned banks must consider mergers as a way to increase efficiency and become more competitive, the chairman of the Indian Banks' Association (IBA) said on Monday. A T Pannir Selvam said in an interview there was not enough room for all
      Reuters  -  201 words
    • Article, Illustration
      Lock icon Labor has plans to change taxes, says Aussie PM
      298 11 ADELAIDE Reuters AFP AUSTRALIAN Prime Minister John Howard said yesterday the Labor Party opposition had a hidden agenda to change taxes if it won the Oct 3 national election. Mr Howard said a report by Labor's Evatt Foundation recommended a radical
      Reuters; AFP  -  298 words
    • Article
      Lock icon Blackout shuts down industry in Karachi
      206 11 KARACHI Main power line trips, affecting distribution system AFP INDUSTRIAL and commercial activity was crippled in Karachi yesterday as a major power breakdown plunged the largest Pakistani city into darkness. The fault which developed in the supply line created problems for tens of thousands
      AFP  -  206 words
    • Article
      Lock icon Opposition rejects LDP's third banking bailout plan
      418 11 TOKYO Critics object to use of public funds even after LDP offers to set a limit Bloomberg JAPAN'S ruling Liberal Democratic Party failed on Monday night to win support from opposition parties for a proposal to bail out troubled financial institutions. The opposition
      Bloomberg  -  418 words
    • Article
      Lock icon S Korea corporate reforms insufficient, says Kim
      251 11 SEOUL Companies have not restructured core business lines Reuters AFP SOUTH Korea's President Kim Dae Jung said yesterday that recent corporate restructuring was not sufficient and urged further reforms. "(Companies) have not yet restructured their core business lines, which is the most important
      Reuters; AFP  -  251 words
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      115 11 with Audi A 6. Advanced MBit Audi's unique four-link front assured of high directional suspension combines maximum on You only thereby car responds your safety on the No greater because other car makes roads B the B the free JL The new Audi Even chassis now cornea Equipped with an
      115 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Tietmeyer quashes talk of global monetary easing
      552 12 FRANKFURT Economic conditions too diverse for concerted policy effort: Bnba chief Reuters BUNDESBANK President Hans Tietmeyer yesterday quashed speculation that the world's leading central banks were ready to strike a deal to prop up the global economy with lower interest rates. Speaking at
      Reuters  -  552 words
    • Article
      Clinton call for US action on global crisis may be too late
      630 12  -  Observers Congress not in mood to spend on problem that looks nnsolvable From Leon Hadar in Washington US President Bill Clinton's call for action to deal with the global economic crisis may have come too late, according to
      630 words
    • Article
      Lock icon Democratic law-makers turn critical
      230 12 WASHINGTON AFP US President Bill Clinton returned to the White House from New York early yesterday to find Democratic lawmakers increasingly critical of his efforts to avoid impeachment proceedings in Congress. The harshest words came from Senate minority leader Tom Daschle, who on Monday echoed a
      AFP  -  230 words
    • Article
      Lock icon Prices for US imports fall for 10th month in a row
      313 12 WASHINGTON Bloomberg AFP PRICES US businesses paid for imported goods declined in August for the 10th month in a row, reflecting the ongoing effects of the turmoil in Asia and the dollar's strength. Last month's 0.3 per cent drop
      Bloomberg; AFP  -  313 words
    • Article
      Lock icon Russian centrist takes up financial portfolio
      256 12 MOSCOW AFP, Bloomberg AFP YEVGENY Primakov forged a Communist-centrist cabinet coalition and began drafting an emergency budget yesterday as Russia's new premier sought to tackle the country's stricken economy head-on. Mr Primakov appointed Our Home Is Russia (NDR) faction leader Alexander Shokhin as a
      AFP, Bloomberg; AFP  -  256 words
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      1047 12 ffTßi V*- I WEE POH HOLDINGS LIMITED (lacvrparalcd la ik« RtpuMk of SlippMi) FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT FuH year financial statement on consolidated results tor full year ended 30 June 1998. These figures have not been audited. Latest year to 30W98 Previous year to 30/6/97 SS'OOO SS'OOO
      1,047 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Why global capitalism went wrong
      727 13  -  THE BOTTOMUIVE OPINION By Robert Samuelson The writer writes about economic issues from Washington WHO would have guessed this? After the Cold War, global capitalism offered a vision of world prosperity and, ultimately, democracy. Multinational companies and investors would pour technology and capital into poorer
      727 words
    • Article
      IN OTHER WORDS
      139 13 'If I seem unduly clear to you, you must have misunderstood what I said.' Alan Greenspan chairman of the US Federal Reserve, on his statements on the economy. 4 lf we were not a parliamentary democracy, of course, we would be able to make progress on many
      139 words
    • Article
      HK's reputation on the line
      618 13 EDITORIAL THE dust is far from settled following the Hongkong government's controversial move to buy stocks and futures contracts to defend the Hongkong dollar. In the past fortnight, the government has begun to wage its war against speculators on a new front. Instead of just
      618 words
    • Article, Illustration
      Lock icon Debt: straw that could break Russia's back
      1014 13  -  With its economy in tatters, Russia is in danger of defaulting on its foreign debt of up to USs2oob By 1 Timothy O'Brien NYT SOMETIME next year, if it is unable to raise fresh money or delay payments, analysts expect that Russia will
      NYT; FILE PHOTO  -  1,014 words
    • Article
      WHAT THE OTHERS SAY
      314 13 Dangerous leadership vacuum THE widening collapse of international consensus surfaced in San Francisco on Sept 6, when Japanese Finance Minister Kiichi Miyazawa bluntly rejected urgent appeals from US Treasury Secretary Robert Rubin and Federal Reserve chairman Alan Greenspan to stimulate the Japanese economy to forestall a
      314 words
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      59 13 I ABSORBED IN INTENSE BATTLE I I BETWEEN NEW YORK AND TOKYO. I I CNBC ASIA SQUAWKBOX. A lively discussion with expert analyses I I I and forecasts for the trading day ahead in Asia. Bam weekdays. I CNBC I I A \(M wshJ CNBC Asia is available on Singapore
      59 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Dazzling Turandot closes in Beijing
      663 14  -  Artistically, Zhang Yimou's USslsm production of Puccini's opera was a great success but the financial story is less clear, bus reports Erik Eckholm NYT After eight performances actually seven and two-thirds, because one was halted by rain the much-anticipated production of Turandot in an ancient
      NYT; REUTERS  -  663 words
    • Article, Illustration
      Lock icon Cruise leaves cat in bag over Eyes Wide Shut
      519 14 MOVIES He breaks silence over long-delayed movie only to defend Knbrick NYT [TORONTO) Perhaps the most anticipated studio film in years is Stanley Kubrick's long-delayed Eyes Wide Shut, made under almost militarystyle secrecy in England and starring Tom Cruise and Nicole
      NYT  -  519 words
    • Article
      Lock icon New proof that cancer drug works
      257 14 HEALTH Reuters [WASHINGTON] Cancer researchers said on Monday they had the strongest evidence yet that taking the cancer drug tamoxifen can prevent breast cancer. Healthy women at the highest risk of developing breast cancer had their risk cut in half by taking tamoxifen every
      Reuters  -  257 words
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      Page 14 Advertisements Column 1
      635 14 I PGt I PACIFIC CARRIERS LIMITED (Incorporated in the Republic of Singapore) I The Directors of Pacific Carriers Limited wish to report as follows to shareholders:I UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30TH JUNF QH The Group The Company 1998 1997 1998 1997 I $'000 $'000 Increase/ $'000 $'000
      635 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      379 15 Where to wine, dine and entertain... 131^ I c%.yE DT, giwxp" LtVEL 1 Dail y La-Carte menu. Western and local fe /W Jr J favourites chef s /I/ Jj speciality top selling 1 W m /JT=] Hainanese Chicken Rice. mJE~f Nasi Goreng Istimewa, etc. Every Monday ia Senior Citizen* Day
      379 words
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      Page 15 Advertisements Column 2
      302 15 Ma't fw Imm>? I >m 4 il in C a ts' Mewsf Catch Cats' Im i« Siriiy Cltstifit J this tfuhad. J GATS. C h fw SEAFOOD lUfitrx, local fMnm*e* PROMOTION tor «JOW CXM-it... Besides the usual A la Carte MAUKfts* Au-Cv -Suffer menu Chinat ™™"l a i*» irt introducing
      302 words
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      Page 15 Advertisements Column 3
      128 15 iBh Maiukirin |JJj Singapore proudly presents Gioacchino Rossini's "*<£barberJ 'eville OPERA IN 2 ACTS 17 SEPTEMBER 1998 7PM MANDARIN BALLROOM 4-COURSE BORDEAUX SET DINNER SHOW $98 NETT PER PERSON Gut flown in kf: Sponsor BRUNEI &PBC] 333 Orchard Road, Singapore *****7. TeL *****11 W*tH Halo's P*ity QgUfIUH. From Ist 30*
      128 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      849 15 TVVRADIO 7.00 News 5At Seven. 3.00 Legend of The Flying 1 Mi\ ll!T>TT7iT7gal^^— IJ3O Weird Science Fox. PM TV Innovations. Man's Best Friend. 3JSS Buddies Aloha. 4.00 Kidz Blitz: Sesame 8.00 Showbuzz. 4.40 The Great Wall of ChiStreet. 9.00 Talking 5.00 The Silver Brumby. 9.30 BufTy The Vampire 5.00 Architecture
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      Page 15 Miscellaneous Column 2
      129 15 CKVFTIC CROSSWORD 29 £™> oon ,owinvitalterrltory 14 Plane over river in high ICMUMTMNBLMLiiIvUJ winds (^6) 2 Reworked material has her 15 One helping thief to handbag. different (6) perhaps (9) 3 A place no doctor shows self- 16 Lame Cuban moved in this? IrHWYronMTpffiffllfflTffifi confidence (6) (9) MIBBifEIB■ i STMMB
      129 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Citibank casts its Net further
      802 16  -  US bank will extend its Internet-based payment system across the region this year using state-of-the-art computers, baju reports RAJU CHELLAM PINANCIAL giant Citibank NA plans to expand its Internet-based payment system across the Asia-Pacific this year, following the success of the system in Singapore, Hongkong,
      802 words
    • Article
      S'pore banks SET to raise Net security
      577 16  -  A new technology ensures security of credit card payment Toh Han Shih [SINGAPORE] Security for Internet payment will become more widely available in Singapore, as several large Singapore banks will soon offer a technology which ensures security of Internet payment of credit cards.
      577 words
    • BOOK marks
      • Article
        Sri Lanka forecasts Internet boom
        104 16 OFFICIALS in Sri Lanka are predicting a boom in Net use over the next few years. Fuelling this growth is the proliferation of telephones after the government deregulated the telecoms sector three years ago, as well as the availability of computers at cheaper prices after
        104 words
      • Article
        More doctors using the Net: study
        128 16 MORE doctors are using the Internet and this will change the way they communicate with each other and with patients in the future, a recent study by Healthcare Research Partners says. The first part of the survey of 1,103 physicians in 11 North American,
        128 words
      • Article
        E*Trade offers free access
        67 16 NET brokerage firm E*Trade (www.etrade.oom) has unveiled a new Web site called "Destination E*Trade" that can be accessed free of charge. Most other online brokerages such as Charles Schwab and Fidelity offer real-time quotes, research results, charts and other resources only to paying customers. Among the
        67 words
      • Article, Illustration
        Grocery shopping a away
        92 16 PROVISIONS Suppliers Corporation Ltd, which runs a chain of local franchtosrt mini-marts, has introduced online grocery shopping. The virtual Econ Minimart Mall offlw* some 300 products for Sale. Customers can choose either pick-up or delivery service. For the former, a customer can pick the tt**ms online
        92 words
      • Article
        to expand in Asia-
        61 16 SEARCH engine firm Excite (www.exche.com) Intends to ifcpand its existing service in Afla-Paciflc. Excite it forming a joint-venture company with Australian publishing firm ÜbertyOne, which it hopes will beef up Excite Australia, its Web site for the Australian market. The Joint venture hopes to expand into
        61 words
      • Article
        Amazon.com goes global throught Yahoo!
        73 16  -  Compiled by Pranots Ang AMAZON.COM (www4unazon.com) has signed a deal with Yahoo! in a move that will make the online bookseller the premier book merchant on many of Yahool's international portal sites. The Net bookseller also becomes the local merchant for Yahoo! Germany (www.yahoo.de) and
        73 words
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      269 16 <§> <© e-business »i BAT 7AM: SIGNED A DEAL IN HONGKONG. H .,Z?e~.nd software financing at attractive AT 7.20: MET CUSTOMERS IN PARIS. H > AND AT 7.30: STARTED TO GET DRESSED. Imagine waking up and getting things done before leaving your apartment. Sounds useful? It's available right now at
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      5 16 brought to you by =sfs-E:«
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  • COMPANIES & MARKETS
    • Article
      Signs of stress in S'pore financial system: S&P
      533 17  -  Negative fallout from its banks' high exposure to region; problem loans likely to exceed current 5% By Siow Li Sen [SINGAPORE] Cracks are beginning to show in Singapore's apparently robust financial system, with problem loans likely to exceed the current 5 per
      533 words
    • Article
      CPF sets initial limits on trust-fund managers
      422 17  -  Only 3 unit trusts can be submitted for approval initially By\ Shiv Taneja (SINGAPORE] CPF-approved fund management firms are limited to submitting three unit trusts for approval in the first instance, because of deadlines and the need to ensure a level playing field,
      422 words
    • Article
      Still premature for HK to ease 70% home loan limit
      887 17  -  HOCK LOCK SIEW Qjuak Hiang Whai THERE has been some excitement in the Hongkong property market of late. Over the weekend, we saw a glimpse of the booming past thousands of prospective buyers swarmed a property launch by Henderson Land
      887 words
    • Article
      SPH replies to concerns aver capital reduction
      663 17  -  LETTER TO EDITOR Ginnery Lim Ginney Lim Group Company Secretary/Legal Manager Singapore Press Holdings Ltd WE refer to Ms Meenakshi Do Nin's letter published in The Business Times yesterday wherein she expressed her concern that shareholders who paid more than $12.20 per share
      663 words
    • Article
      Metalock joins CPF trustee stocks, Prima drops out
      208 17 SESDAQ stock Metalock (Singapore) Ltd has made it into the trustee stock list under the Central Provident Fund (CPF) Investment Scheme, effective today, the CPF said. Two counters, mainboard listed Prima Ltd and Jaya Holdings' 3 per cent convertible unsecured loan stock
      208 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Regional crisis seen hitting Jardine interims
        520 18 Core earnings of Jardine Matheson, Jardine Strategic may tumble 40% Reuters [HONGKONG] The Jardine Group is poised to show a decline in interim profits, due for release later this week, and the regional financial crisis is expected to affect earnings of the group's major
        Reuters  -  520 words
      • Article, Illustration
        Lock icon Electronics stocks surge on renewed investor interest
        345 18  -  Sector has hit bottom, prices very attractive: analysts By. Annette Pau [SINGAPORE] Local electronics stocks yesterday rose on renewed investor interest due to improved sentiment and optimistic expectations of a buoyant fourth-quarter Christmas season in the US. Analysts also said that valuations in
        Source: Bloomberg  -  345 words
      • Article
        Ayala sells Sydney office building for A$56.5m
        256 18  -  From, Al Labita in Manila APIA'S property downturn has forced the Singapore unit of listed Ayala Land Inc (ALI) to sell an office building in Sydney for A 556.5 million (SssB million). ALI vice-president Jaime Ysmael said the building, a 16-storey office tower,
        256 words
      • Article
        Lock icon San Miguel plans to sell part of China operations
        202 18 Bloomberg [MANILA] San Miguel Corp yesterday said it is planning to seU part of its money-losing brewing operations in China, following the retreat of Foster's Brewing Group from the once-promising market. San Miguel, the Philippines' largest beer producer, said it is
        Bloomberg  -  202 words
      • Article
        Hopewell issues force majeure on Indon project
        432 18  -  From Quak Hiang Whai in Hongkong GORDON Wu's Hopewell Holdings has suspended its commitment to its troubled Indonesian power plant project after spending more than HK$4.B billion (Ssl.l billion) on it. In a statement yesterday, Hopewell said it has issued a force majeure
        432 words
      • COMPANY Briefs
        • Article
          Metalock joins CPF trustee stock list
          33 18 [SINGAPORE] Sesdaq-listed Metalock Singapore has been added to the list of CPF Trustee Stocks, while main board-listed Prima Ltd has been removed. The changes are effective today.
          33 words
        • Article
          Pacific Carriers net jumps 214% to $20m
          100 18 {SINGAPORE] Pacific Carriers' net profit for the six months to June grew 214 per cent to $20.1 million on increased contributions from associates, better freight trading operations, higher interest income, lower depreciation charges and a stronger US dollar, its directors said yesterday. This
          100 words
        • Article
          Inter-Roller sees $3m interim loss
          184 18 [SINGAPORE] Inter-Roller Engineering posted $3 million net interim losses as turnover dipped 16 per cent to $8.7 million. The turnover fall was despite a healthy order book of some $50 million brought forward from 1997, directors said. They said orders secured at end-1997 were only
          184 words
        • Article
          Lee Kim Tab net surges 143% to $2.9m
          143 18 [SINGAPORE] Lee Kim Tah Holdings posted a 143 per cent gain in interim net earnings to $2.9 million from overseas projects and higher interest income. However, turnover plunged 59 per cent to $52.9 million for the same period due to the completion
          143 words
      • Article
        Vickers ups stake in Indon unit for 6.6b rupiah
        260 18  -  By Clarissa Tan [SINGAPORE] Vickers Ballas Holdings has agreed to raise its stake in Indonesian associate PT Vickers Ballas Tamara (VBT), making it a 75 per cent subsidiary. The mainboard-listed brokerage said yesterday that it would buy 3.75 million VBT shares
        260 words
      • Article, Illustration
        Lock icon Hefty provisions drag Bonvests $48m into the red
        355 18  -  Turnover down 19% to $66m at half-time for developer By. Annette Pan [SINGAPORE] Hefty provisions for its development properties knocked Bonvests Holdings off track to post a whopping interim loss of $48.2 miUion. The mainboard property and retail group blamed its losses
        FILE PHOTO  -  355 words
      • Article, Illustration
        Lock icon Hilton sees Asia crisis as hurdle to Q3 profit target
        475 21 Fewer Asians holidaying at its hotels doe to region's economic slump Bloomberg [BEVERLY HILLS] Hilton Hotels Corp, the third largest US hotel company, said thirdquarter earnings will be less than expected as fewer Asians vacationed at its properties due to
        Bloomberg  -  475 words
      • Article
        Lock icon Quark quits bid to buy rival Adobe after being spurned
        364 21 Offer lacked credibility, say analysts NYT [SAN FRANCISCO] Graphic software publisher Quark on Monday dropped its quirky bid to acquire rival Adobe Systems, saying Adobe had spurned its advances and that it did not want to pursue a hostile deal.
        NYT  -  364 words
      • Article
        Lock icon Brierley to sell 25% stake in NZ forestry venture to partners
        346 21 Bloomberg [AUCKLAND] Brierley Investments Ltd will sell its 25 per cent stake in former New Zealand government-owned Forestry Corp to its partners in the investment, Fletcher Challenge Ltd and Chinese government-owned Citic. Bruce McKay, an analyst at broker DF
        Bloomberg  -  346 words
      • Article
        Mayne hopes to complete Optus float in next few months
        462 21  -  Healthcare, logistics gronp also selling Australian Bead Egress businesses From\ Russell Baker in Sydney AUSTRALIAN healthcare and logistics group Mayne Nickless is hoping to complete the sale of its 25 per cent stake in Cable Wireless Optus via a stockmarket
        462 words
    • FINANCE & COMMODITIES
      • Article
        Opec could cut output further to bolster prices
        585 22  -  Group to discuss this option at Nov meeting, says president Ry. Ronnie Lim [SINGAPORE) If crude oil prices do not improve from present depressed levels, oil producers may need to resort to further production cuts, Opec president Obaid Saif AlNasseri said here
        585 words
      • Article
        Lock icon Old Mutual begins talks on London listing plans
        311 22 Move will facilitate raising of fands, says S African assurer FT [CAPE TOWN] Old Mutual, the South African life assurer and asset manager that plans to demutualise next year, has begun negotiations with the South African authorities over controversial plans to move
        FT  -  311 words
      • Article
        Lock icon Scotiabank CEO renews attack on bank mergers
        504 22 Reuters [TORONTOJ Bank of Nova Scotia's chief executive on Monday launched a fresh attack on proposed mergers by rival Canadian banks, charging that the deals are anticompetitive and could result in more than 20,000 job losses. Scotiabank's Peter Godsoe also slammed assertions by
        Reuters  -  504 words
      • Article
        Lock icon Citibank to buy stake in Microsoft's billing venture
        266 22 Reuters [SEATTLE] Citibank, the nation's second biggest bank, said on Monday it will buy a stake in Microsoft Corp's online bill-paying venture, boosting the software giant's electronic commerce ambitions. Officials of Citibank, a unit of Citicorp, declined to say how much they
        Reuters  -  266 words
      • Article
        Lock icon Sumitomo Trust links up with Alliance Capital
        187 22 Bloomberg (TOKYO] Sumitomo Trust and Banking Co, one of Japan's largest banks, will station six of its money managers at Alliance Capital Management LP in New York, which will advise them on investments in US stocks and bonds. Sumitomo Trust is the sec-ond-largest
        Bloomberg  -  187 words
      • Article
        Lock icon Euro$ strengthens amid US rate cut hopes
        264 22 .Simtin Report Reuters {SINGAPORE] Simex Eurodollar futures firmed in thin trade yesterday as persistent speculation of a US rate cut kept the market well-support-ed. Dealers said the market was expecting the US Federal Reserve Bank to lower the 5.50 per cent Federal funds
        Reuters  -  264 words
      • Article
        Futures flat despite Wall Street surge
        189 22  -  MSGITAIWAM FUTURES Charlie Kuo service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract finished barely changed yesterday in spite of sharp gains in the US stock market in the past two days. Market participants were cautious about the financial issues which
        189 words
      • Article
        Lock icon Oil moves sideways ahead of US data
        214 22 ENERGY REPORT Reuters (LONDON] World oil prices moved sideways yesterday as dealers awaited more evidence that the West's stockpile of surplus petroleum is beginning to subside. Benchmark Brent blend for October rose 16 cents to US$l3.Ol a barrel by 1452 GMT. Traders said
        Reuters  -  214 words
      • Article
        Lock icon CURRENCY REPORT
        280 22 Reuters AFP London DOLLAR trading was mixed ahead of Federal Reserve chairman Allan Greenspan's speech today, with many in the markets looking for a firmer signal on when the Fed will cut rates. "We could see one (a rate cut) as early as Sep 29, assuming pressure remains
        Reuters; AFP  -  280 words
      • Article, Illustration
        Untitled
        1141 22 IMTERBAMgCKOWBATHS .1 *g /5 AS c$ CCU ffr Pw HKS HtM* T» N» 5S f* Sir im WW 0 W7 MI* 05O HH L °1° 0.793 0241 2267 L15I 32J* ***** 102B 3.719 0833 206I7 24JS 0.355 0.5*7 5517 0572 3.770 U25 11* ***** 72.16 0484 1113 2526 *****1*7 *****
        1,141 words
    • Article
      COMMODITY PRICES
      1569 23 MCOM FUTURES Sep 15 IUNCI (Mm dosta* «t SJOpn) RSS1 C0NT1ACT(S CMtaAa) CtaM Votuno 0po« NootN Hjgft Lot Sott (twww) Iwtornt Oct 96 H7.00 116.00 116.00 700 975 Nov 96 117.75 1450 0* 96 118.50 1450 Jon/Nor 99 121.00 1950 Apr/Jon 99 125.25 1950 JWSop 99 129.75 150
      1,569 words
    • Article
      WORLD STOCK MARKETS
      2106 23 LONDON I® r Sap IS Noce *h 31 Croup 490.000 -4.000 AS Ports 258.000 -2.000 AOfcey National 1194.000 19.000 AMed Domocq 476.000 -8.000 Amec 151.000 unch Aula Group 185.600 -3.000 BAT Ind 443.200 1.800 BC Pic 390.000 10.000 BICC 78.000 unch BOC Group 790.000 -10.000 BR Petroleum
      2,106 words
    • Article, Illustration
      Lock icon HONGKONG
      1420 24 Reuters AFP W Hang Seng *7111 STOCKS closed moderately higher yesterday, encouraged by a strong performance by China-related stocks and after Wall Street began the week on a strong note, brokers said. The Hang Seng Index gained 71.61 points to finish at 7,733.47. It earlier hit a high 0f7,837.96
      Reuters; AFP  -  1,420 words
    • Article, Illustration
      Lock icon CHINA
      540 24 Reuters FlShemhenßlndex +X 34 SHENZHEN'S hard currency B shares ended sharply higher yesterday, boosted by sharp gains in H shares of mainland companies listed in Hongkong, analysts said. The B Index gained 3.34 points to 66.79 on turnover of HK$25 million. "The H shares had fairly fierce gains today,
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  540 words
    • Article
      Lock icon TAIPEI
      319 24 AFP PWTMg -U TAIWAN share prices closed slightly lower yesterday as investors took to the sidelines on a lack of new leads, dealers said. The Weighted Price Index slipped 2.21 points to 6,857.96, following a 0.3 per cent rise in the previous session. "Investors took a brief rest as
      AFP  -  319 words
    • Article, Illustration
      Lock icon JAKARTA
      669 24 AFP CI Composite Index -28.45 SHARE prices plunged 8.9 per cent on the Jakarta Stock Exchange yesterday, a near-re-cord daily loss, on rumours the government might introduce Malaysian-style foreign exchange controls, dealers said. The Composite Index closed 28.45 points down at 292.15. It was the biggest plunge since Feb
      AFP  -  669 words
    • Article, Illustration
      Lock icon BANGKOK
      728 24 AFP nSBTMt -oat THAI stocks ended barely lower yesterday in very light trade amid investor concerns over regional markets and currencies, analysts said. The market volume was thin as prices moved in a narrow range because of the absence of foreign investor buying. "There were not any outstanding factors
      AFP  -  728 words
    • Article
      Lock icon MANILA
      294 24 AFP BjMfc *3M4 PHILIPPINE share prices closed 3.6 per cent higher yesterday due to bargain-hunt-ing following a sharp plunge last week, analysts said. The Philippine Stock Exchange Composite Index rose 39.64 points to close at 1,140.40 points. Turnover rose to 308 million shares worth 966 million pesos. Ayala Corp
      AFP  -  294 words
    • Article
      Lock icon SEOUL
      372 24 AFP QOMiwiUhte -3J6 SOUTH Korean share prices fell 1.3 per cent yesterday amid foreign selling and growing concerns over the local banking sector, dealers said. They said US President Bill Clinton's proposal for an international financial ministers' meeting had helped bolster the market with the recovery in global markets
      AFP  -  372 words
    • Article
      Lock icon SYDNEY
      502 24 AFP Buofcili «4U SHARE prices rose 1.8 per cent yesterday, consolidating strong gains made in the previous session as investors swooped in after overnight gains on Wall Street The All Ordinaries Index rose 44.1 points to 2£543. The All Resources Index the All Industrials Climbed 78.2 points to 4,486.1.
      AFP  -  502 words
    • Article
      Lock icon WELLINGTON
      230 24 AFP HWcflmgtw H837 NEW Zealand stocks rose 2.5 per cent yesterday on the back of offshore market gains and reports the world's leading industrial nations may band together to tackle the global economic crisis. The NZSE-40 Index gained 43.37 points to 1,762.63 on heavy turnover of NZ5146.3 million. —AFP
      AFP  -  230 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8561 25 INDUSTRIALS Conmimr fniicti 1998 Lilt V*t Day Net Cap Hlqh Law Company sale 'OOP Hlqh Law Pft J mil 310 170 Ajinomoto 210 unch 6 210 210 11.6 85.1 148 35 Anqkasa 59.5 1 110 62 58 t4 87.7 290 123 Apollo Food Hlq 177 2 17 180 175 6.2
        8,561 words
      • Article, Illustration
        Lock icon Profit-taking wipes out early gains
        398 25 AFP Q Composite Index -416 MALAYSIAN share prices closed 1.1 per cent lower yesterday in volatile trade, with profit-taking reversing earlier gains in the absence of fresh leads, dealers said. The Composite Index fell 4.16 points to end at 389.08, off an earlier high 0f404.40
        AFP  -  398 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3230 26 BONDS, LOANS ft VARIANTS Last V«4 Day Li»t Oust* Avq S«*> Company SaM COOO) Htfh Ln Buyar SMv Prlca 23.5 3-5 m 3000 m AM 06 c5.5%*****6.7.. 77._7... 8 178 8.5 6 8 9 2a5 3 3160 A Acar ******1 US$ 3.5 -0.5 25 4.5 3.5 3.5 4.5 95 5
        3,230 words
      • Article
        GK Goh's warrant has some appeal
        232 26  -  WARRANT WATCH -By] R Sivanithy THERE are signs that the market may have bottomed the Straits Times Index hit 800 not that long ago but has since managed to rebound to 900. Volume has also picked up considerably, which must come as a huge
        232 words
    • Article
      CLOB INTERNATIONAL
      2223 26 Transaction date Sep 15 MALAYSIAN STOCKS 19> if? JW °*V LaatOuota Mv CMv n* Nat HC« WO Law Stno Cimnwy Sata rOOOt High L— Buyar Sadar Cw P/t $md *2. m,5 5S? A,5850e 24 5 1655 2" 23.5 24 24.5 5.0 3J 4.7 9J 245 655 4.5 ms
      2,223 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5780 27 Transaction date :Sep 15 I Of Cf M Wt tH Last Vol Day Last Quote Dw Dtv YM Nat Cao Ava U» »«W Cl—My %tt» *h COOP) MHh Law Myar 8a8af Car Pft $.3 Prfc? mUTI INNUIT1V 142 49.5 mt 1000 AcmiSOc 60.5 *3
      5,780 words
    • Article
      SESDAQ
      1046 27 .tM. ±2? Mr M C* aT« -!*E y? Cl rOOBt U» iwyr Cw P/t <— Pit* 243 30 2049 AS Auto 10c TVS cd -1.5 1263 78 71.5 71.5 72 15 ON 70 21 6.7 816 64 •2 48.5 2051 ASJ HMgs 20c 53.3 X5 7 55 5M II
      1,046 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        203 28 VOMmm *M8f CapjtaTI 20.489,000 *Renong Bhd 50c 20,305,000 *MWHMfl50c 17,144.000 Frt Links 20c 16.325,000 *RekafMCifk Bh M.242.000 •Pub Bk Foreign 14,212.000 •M Resources 12,642,000 Keppel LandSOc 11,279,000 °SriHartamas Bti 10,940.000 •Myjpha Intl50c 10,905.000 Stocks STEngglOc 12.205,260 SingTel 15c 10.835.920 DBS Foreiqn 10,090,058 OCBC Foreign 9,235,827 DCS Land 8,445,040 Cty Dev
        203 words
      • Article, Illustration
        STI up again as curtains fail on Clob-traded M'sian stocks
        721 28  -  STOCK MAUBT COMMHMTAKT Electronics shares shine in shift of interest to local stocks which saw STI ending above 900 points; Sesdaq rally fizzles out By R Sivanithy [SINGAPORE] A second consecutive jump in US stocks, a benign day for the
        721 words
      • ON THE GRAPEVINE
        • Article
          A clean rub
          72 28 NOT sure how much ofa draw this is going a try. ANA Hotel has rather proudly announced that it is the first hotel in town to offer guests the latest anti bacterial hand and face towels in their rooms. For those who want the details, the towels
          72 words
        • Article
          Taking it easy
          108 28 MICHAEL Price, the value investing guru who sold his fUnd management business to US fUnd manager 'Pempleton, Is finally calling it quits sort of. From Nov 1, we are informed, he will no longer be Involved in day-to-day stock picking at the six Mutual Series funds, one
          108 words
        • Article
          The 'r' factor
          43 28 A FUNDS manager with very little to do these days has come up with a new risk invest to a currency which has the letter V in it rupiah, rtoggit, rouble and real. As you cansee, he has good reasons.
          43 words
        • Article
          Does it sait the climate?
          146 28 WHEN last did you wear a suit to Singapore? So infrequently does it happen, that an invitation to a function once arrived at Times House stipulating lounge 'suits' as dress code. Believe us, a three-piece chesterfield takes some wearing to this climate. But anyway, the
          146 words
        • Article
          It's in the name
          51 28 WE know that Great World City, owned by the Kuok group, roeenUy won the cleanest loo contest (shopping centre category) organised by the Ministry of Environment. But did you see it coming? As a contact pointed out, GWC can also stand for "great waterctoset". M 88
          51 words
      • Article, Illustration
        HOT STOCK
        72 28  -  -by Shiv Taneja GOLDTRON LTD closed one cent higher yesterday at 13 cents on a volume of 10.6 million shares, compared with its 10-day traded average of just over 2 million units. The counter is headed for overbought territory, and while there are some indications of a possible
        72 words
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      197 17 m A FUTUtISTIC INTERPRETATION of a legend in modern design. •naxMMta Hm Sainton", MRMIMimIM* iLicwi Lk UrrrkMTM Bogota, CaMia The Nomarionds tmmbkk Caracas, Vhkmln FWAinMrf fepool/Nekrtj SmAMirfM Uq^Japaa Mm 4 Mb Arts Ma^Sprii DbhMbmi LairiM,EqM I—■iAQyOe— bamkikpaa Maria ariJMbart uS^bigM Museum Ludung Coiogna, Gwwony Musaum law Zurich, SaizaM Musau di
      197 words
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      67 18 SPECIAL SNEAK PRE\HS TOMGHT 'A brutal epic U'hiph IV9OPS war M. war movif c»cr made. II til dgC3 >> di "m- Machine guns will l,e with thMofaC ""SeHrclr" J STEVEN SPIELBERG f.v torn hanks saving private ryan edward burns matt damon torn sizemore the mission is a man. STtV:'-. S
      67 words
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      Page 18 Advertisements Column 2
      62 18 THE CLOCK IS TICKING LESS THAN 500 DAYS! Take advantage of the Y2K pavilion and conference track! A at Singapore ASIQ Informatics'9B ////oriiiatuni it linoloii) Marki ip/<u < /hi Kfsfllcr* and ttrpurau \lnk( r\ 23-25 September 1998 Singapore International Convention Exhibition Centre Singapore REGISTER NOW! Call (65) 380 7440 Fax
      62 words
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      Page 19 Advertisements Column 1
      100 19 EARTH' s v "*'*■>& l rv. ATMOSPHERE IS MADE U P iO-F-" NITROG E N ,D X ot*r- fr~*'*■'■ r*~ Kr 'PZm*** r,^« >-* rt'./.^^/^zS'>*£&***' v jtJmSfW^f v mKmi i -^JtQM33ry, ;<. •Llv'--.■•>- vW W**-**- JZ: i.^£jr+ '-1' *"f f w*v'T > J V u I IRIDIUM OK < >
      100 words
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      404 20 1 Take on the Pacific Internet business challenge .v r *jgv Iyj ii I A (Bjl I sjH Mr- ~000&** I .A jl Vr J 9 M Bi jr w jfit 'M^m* 5 **^'flnPl^^^^liH9l^l^l^^l JOE I f'.gjfrjgNß K. «yr sjflvfl ""W 4 %T 9K: Bifl Xjbte. 1 f Ji*. m
      404 words
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      73 22 nrr>a the world s leading r*ju OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS m favvyers, chartered accountants, chartered Wr secretar.es and bankers have provided /£fl| confidential and <ost effective company formation in all th? major low areas Incorporation fees from US$5OO J BAHAMAS JERSEY if BRITISH VIRGIN MAURITIUS B IJ? islands
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      9 22 Personal Serotce&l&HK/uctsy The Straits Times Classified Classifications 52-193 1
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      40 23 ♦Hie Tokyo market was closed yesterday for a holiday The secret of success is... Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. ©wo CATS.
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      23 24 islt^lf UK Kr <: c T tTTiTT! "«JWBBT"V<^S -f ■^llUJ(Jjj>*' IVnnP PMlnMlM|l||lß., fB® ■"*<>* -?i. M si 4 ..c |Sr jtiaa «BMM jjm mm, jHMjIMI
      23 words
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      51 26 Citibank Margin Trading Account Trade up to 2.5 tilllCS your share value or withdraw CASH on it. Call 339-7126 now. THE C I T I NEVER SLEEPS l» .1 "chl-\ I sli>lt I II u.M <,S <» I. 11l 1(1 |< ,1 |iiiii ii I ,i-i N I I iMMi.iiiili.uik
      51 words
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      906 28 BUSINESS Xoticcs To ;i(l\crtisc call toll-free IXOO-741 IXX3 IN THE MATTER OF THE IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 COMPANIES ACT. CHAPTER 50 AND AND IN THE MATTER OF IN THE MATTER OF TOP GLORIA (SINGAPORE) LAUREN SHIPPING PTE LTD CORPORATION PTE LTD (IN LIQUIDATION) (IN LIQUIDATION)
      906 words
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      Page 28 Advertisements Column 2
      931 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO so AM And AND la the Matter of JAC ENGINEERING N SERVICES IN THE MATTER OF PTE LTD APPLIED INTELLIGENCE (in Mento'Votuntary Liquidation) pl )Tn At an Kxtraoniinary General Meeting of r,B UU members of lAC ENGINEERING N (IN LIQUIDATION) SERVICES
      931 words
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      Page 28 Advertisements Column 3
      446 28 IN THE MATTER OF THE COMPANIES ACT (CAP. 9#) AND IN THE MATTER OF ESTRELLA PROMOTIONS PTE LTD (IN MEMBERS'VOLUNTARY WINDING UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN punuant to Section 308 of (he CompanKs Act. Cap 50 that the Final Meetwg of *e Members of *e abovenamed
      446 words
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      Page 28 Advertisements Column 4
      40 28 Pr "My friends were all ears when I told them about Fandi Ahmad's class of 74 reunion, Ang Peng Siong's swim camp and badminton lessons given by 1989 World Grand Prix Champion Zhang Qingwu." Abdul Rakim, an avid sports fan
      40 words
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      Page 28 Advertisements Column 5
      79 28 ■Wvl and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another
      79 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      328 29 Bridge News Reuters IT was a typically slow start to the week on the freight market with little change evident apart from an easier rate talked on the key US Gulf-Japan run. Futures appeared not "bullish" but "positive", Clarkson Securities Ltd said in its daily report. The Baltic
      Bridge News; Reuters  -  328 words
    • Article
      MARITIME STOCKS
      254 29 «2« M HI CWT OtftrlPutlon .0.309 ♦0.035 259 ChuanMup 0.345 ♦0.005 577 Coaco invastmarrt 0.40 unch 13 FrtoMLM* 0.175 *0.01 ***** CtHoMlngi 0.22 Hal Sun Hup 0.325 *0.015 2317 HHacMZaaan 0.505 *0.005 672 IMCHaMngs HK 5.60 JayaHoMtajS 0.40 *0.02 35 Jurona Shipyard 6J0 *0.10 2S6 Kappa? Carp 1.58
      254 words
    • Article, Illustration
      Lock icon NOL sees heavy losses for first halt red ink for whole year
      703 29  -  Asian crisis, low freight rates dampen outlook for national carrier By] Marcus Hand [SINGAPORE] National shipping line Neptune Orient Lines (NOL) expects to report "quite substantial" losses for the first half of this year due to the combined
      FILE PHOTO  -  703 words
    • Article
      Pragmatic approach needed to flag of convenience debate
      840 29  -  STRAIT TALK By\ Seafarer A FEW weeks ago container giant P&O Nedlloyd announced it was replacing its remaining British and New Zealand ratings with Filipinos. Assuming, as is likely, the move goes ahead despite the predictable uproar from the seafarers' unions, it
      840 words
    • Article
      S'pore software firm puts ISM manual on-line
      337 29  -  By Marcus Hand [SINGAPORE] A Singaporebased software company has developed an application which will give shipping crews computerised access to their ISM (International Safety Management) manuals and instantaneous updates of any changes to regulations. With the largely successful ISM certification of nearly 80
      337 words
    • PORT Shots
      • Article
        Lock icon Asia shipments via Panama Canal down
        92 29 Bernama-Xinhua [PANAMA CITY] Shipments to Asia via the Panama Canal have been reduced by 10.4 per cent to 53.8 million tonnes in the first 11 months of the 1996 fiscal year. According to a Panama Canal Commission report, from October 1997 to August 1998,
        Bernama-Xinhua  -  92 words
      • Article
        SuperStar Leo to be delivered early
        65 29 German shipyard Meyer Werft is expected to deliver Star Cruises' first newbuilding a week earlier than scheduled following successftil completion of sea trials. The official handover of the SuperStar Leo to the Malaysian-owned cruise company will take place in Southampton, UK, where it will
        65 words
      • Article
        Brazilian line increases market share
        41 29 [SINGAPORE] Grupo Libra says the Mercosur agreement on trade within South America has enabled 5 the Brazilian shipping line to increase its market share over the last two years from 23 percent to 43 per cent.
        41 words
    • Article, Illustration
      Lock icon Carmakers face years of pain
      782 30 ASIAN CAS INDUSTRY Regional slump has hit the market badly, idling factories and putting tens of thousands out of work Reuters THE chill winds sweeping over Asia's automotive sector are lingering far longer than many in the industry had expected, idling factories and casting tens
      Reuters; FILE PHOTO  -  782 words
    • Article
      SHIPPING SCHEDULES INDEX
      329 30 PAGE ESP lines 14 anl 3 Ethtopian 12 Accord 8 Ew w 6 Ahrenkiel 12 Express TL 13 Appensliip 5 Farwide J2 Astro 3 foongSun 8 Asia OCL 12 Frot4 13 Austral 8 Frt Links M Avant M CUnk 4 B'tanq Mas 8 O""*™ 8 BSA 7
      329 words
    • Article
      SHIPPING GUIDE
      17645 37 thebusinesstimes THEBUSINESSTIMES EXPORT ETA ETA Advertiser VmmI Voyage Telephone I ETA ETA Advertiser Vessel Voyage Telephone I ETA ETA Advertiser Vessel Voyage tmmum I eta ETA Advertiser Vessel ETA ETA Adxartisar Vassal Voyaqa Taiaplwna I ETA ETA Atfvartlsar Vassal Voyaqa TMvphon* SMO Dwri Mrnm NWW Numtoar Numtoar I
      17,645 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        794 43 VttMj Voy Wo Bfth Arrival Poparturt JaoiM Aftamonta UC74 J23 Mngxd* 17 09/2359 Amo Angol 59* JOT IliagiUi 09/0000 It l«W Ya *****6 J01 aiongw* 15.09/2359 M C Mr« 2 *****8 J01 atooqvO. «09/2000 M Ur S<ni *****6 J01 aiongsida M09/M00 tt UN II *****6 J01 atongsid. 15
        794 words
      • Article
        CONTAINER SCHEDULES
        1651 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Bookkq/Manc* Rstls Ship Voy No Etb/Btr Portod Frew To from •eta m wu» »m«o mm* tmo B/HOO 8/899 B/800 •S"" /wo a b/ttoo wotn 8/0*00 WIM "OSW 17/1200 U B/800 8/899 B/190C 8/800 B/899 8/1900 BA700 8/0*99 */090C BA700 WDtH
        1,651 words
      • Article
        GLOBAL HOLIDAYS
        193 43 Sep 16 Mexico: Independence Day. Sep 23 Japan: Autumnal Equinox Day. Bep 24 South tfrica: Heritage Day. Sep 28 Hong Kong: Chung Yeung Festival. Taiwan: Teacher's Day. Oct 1 China: National Day. Hong Kong: National Day. Oat 2 China: National Day Holiday. Hong Kong: National Day Holiday. Oct
        193 words
      • Article
        COCKETT BUNKER MARKET REPORT
        586 43 THB report, complied In Cockett Marine OU Lid. shows shoe ran** Id US dollars Imaad of slngt prfcasnr a more comprehensive description of me Prices shown sre baaed on average«laed stem Market movements are Indicated The Cockrt But ker Price Index change and the Individual changes
        586 words
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        VERITAS BUNKER QUALITY REPORT
        423 43 CarfcM ISO Mm 992.0 2.8 19.9 0.16 342 0U>7 W» DmsKt Itotar IkMn Ask Aluminium Mmt No *om £25 1 4 12 3 3 0 %HM 380 Aw 967.7 02 15.4 0.07 31 0.03 tin* 380 Mii 991.9 0.9 19.4 0.11 67 0.11 M/Wl %m %M/M
        423 words
    • AIR&LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon EVA Air reports NT$584m 1st-half loss
        331 44 Carrier blames Asian crisis and recent air disasters in Taiwan Reuters [TAIPEI] Taiwan's EVA Airways Corp said on Monday it posted a loss of NTSSB4 million (5529.2 million) in the first six months of 1998, blaming Asia's financial crisis and a spate of air
        Reuters; FILE PHOTO  -  331 words
      • Article, Illustration
        Lock icon Aussie concept
        59 44 [FRANKFURT] A model poses on the passenger seat of the concept car 'Axessaustralia' in Frankfurt/Main, on the eve of the opening of the Autotechnika '98 car and motor technic exhibition. The economical Axessautralia was designed by 136 Australian car industry suppliers. Some 3,Booexhibitors will present their car technology
        AFP  -  59 words
      • Article
        Lock icon Garuda dropping two Paris-Jakarta flights
        212 44 Loss in revenue dne to plunge in value of rupiah AFP [PARIS] Indonesia's Garuda airline announced it was scrapping its two flights a week from Paris to Jakarta and to Denpasar in Bali as from Oct 25 because of the sharp depreciation of the Indonesian
        AFP  -  212 words
      • Article, Illustration
        Lock icon Set to soar again
        61 44 [MINNEAPOLIS] A Northwest vehicle drives by planes at the Minneapolis-St Paul International Airport. Northwest Airlines ground crews are back to work following a contract approval by Northwest pilots on Saturday night. Northwest has been calling back its 31,000 laid off employees, and plans to have 25
        REUTERS  -  61 words
      • Article
        Lock icon Taiwan opens bidding for rail project
        191 44 Bloomberg [TAIPEI] Taiwan High Speed Rail Corp opened up bidding for an NT$l3O billion (557.5 billion) track-laying contract, part of a bullet train project that will be Taiwan's largestever infrastructure expenditure. Twenty-one groups led by companies from Germany, France, Japan and the US will
        Bloomberg  -  191 words
      • LOG Book
        • Article
          Lock icon Honkong plans railway link
          74 44 AFX-Asia {HONGKONG] The government announced that it will build a new railway connecting rural areas with the urban centre in the Kowloon peninsula. Chief Executive Tung Chee-hwa's cabinet, the Executive Council, approved the construction of West Rail which will link up the rural northwest New Territories
          AFX-Asia  -  74 words
        • Article
          Lock icon India gives not to Honda, Fiat proposals
          121 44 AFX-Asia [BOMBAY] The Foreign Investment Promotion Board has approved Honda Motors Co's proposal to raise its stake In Indian venture Hondal S lei Ltd by 5 per cent to 96 per cent, the Economic Times reported. The newspaper said Honda is now expected
          AFX-Asia  -  121 words
        • Article
          Lock icon EVA Air to expand code-sharing
          56 44 AFX-Asia [TAIPEI] Eva Airways Corp said it will expand code-sharing agreements with both Ansett Australia and Air New Zealand, effective from winter schedule of Oct 25. It said the new arrangement will provide greater marketing opportunities, strengthen all three carriers competitively, make better use of
          AFX-Asia  -  56 words
      • Article
        Lock icon Vietnam Airlines plane skids off runway
        164 44 AFP [HANOI] Passengers and crew on a Vietnam Airlines Boeing 767 were forced to scramble to safety using emergency chutes after the plane skidded ofT the runway as it was taking off on a flight to Japan, the airline said on Monday. "All 188
        AFP  -  164 words
      • Article
        Lock icon Schiphol airport eyeing Thai alliance: report
        165 44 AFX-Asia [AMSTERDAM] Amsterdam Airport Schiphol NV is looking to form an alliance with Thailand's airport authority, which manages the two international and four regional airports in that country, De Telegraaf quoted the Thai ambassador to the Netherlands as saying. The report said the Thai
        AFX-Asia  -  165 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1492 44 CITY FII6HT ETA fUCHT CTP *****5 1625 ****** 2359 nmnidi $0230 1910 >01 HQS *****6 2359 UatttrUm ****** 0755 HUM 2300 SWW 1700 ***** 018 S024 2320 CmirtllfC C2351 2045 ***** 0755 Hanoi **741 13K **742 0905 M37 MM S0175 1840 SOT76 1105 Auckland N242M 2050
        1,492 words
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      15 29 Asian carmakers face years of pain Regional slump has idled factories and put thousands outofwork.Page2
      15 words
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      Page 29 Advertisements Column 2
      51 29 EVA Air reports Ist-half loss Carrier blames Asian crisis and recent air disasters in Taiwan. Baok Page AHOY! Europe. Sailing schedules from Amsterdam to Zurich. 2 4 hours a day in the Shipping Guide Fax-On-Demand hotline 74 0 60 00 Another itinov.itivi* sciviu' ollcrcd In I'm in »I\l >v I'imi>
      51 words
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      1041 30 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I I tSX-SOPBUHUrnjBdHESS-DWKTTOLA ~I f 1 rWKTCOIHTOf CO«TIUU.*MBBC*|>I«Ba»B.TAgBWCa I WSJR W HASH root in Ml MOI) CMC HI KKOOTY rasa I VOT IMI I r MTTIAIIACAJWIA Irr IWPMYWTMA I iA* I oooaSi utiu mTm m/m m/m m/i# m/m #7/m m/io
      1,041 words
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      Page 30 Advertisements Column 2
      89 30 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL PISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hong Kong A AM CWm P9rt« ievmv rutin A ffM Vlltn) VtSStl VOY FTP SIN jjjjfjg ETA KOI ETAYOK ETA NGO ETA OSA NOL DIAMOND V.09U1
      89 words
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      Page 30 Advertisements Column 3
      644 30 XS'foS. t-**® 4 services represented u |@P A Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE JAKARTA ETAPKL ETA SIN ETA MALE PHb««s LUj VMM IMf 19/W U*» PrtawwsLUy mm <8/10 wit 17/10 LILY MARINE SERVICES SINGAPORE Pfcme334 72M/*****4« Fax: U479M SCANCHART AGENCIES SDN BHD TEL: (OS) (§***** Fkc (OS)
      644 words
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      1074 31 TO EUROPE FROM EUROPE Ivissa VOY j SIN ITM ANt HAM RtV SOU FIT UH~||vESSEI VOT ITM 7m HAW MV SOU FIT UH SIN Aft AIMANOME 304W 17/09 10/10 07/10 01/10 05/10 NOIAMAZOMIIOI7I 20/08 26/00 27/00 24/00 17/00 MAAS S2SW 10/00 04/10 00/10 00/10 10/10 MY GENERAL 31X 27/00 20/00
      1,074 words
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      Page 31 Advertisements Column 2
      1867 31 I HANJIN SHIPPING HANJM SHIPPING (S) PTE LTD m, //mm.hi* cm UOOHG J2W*****7 SUB 32M224 731 DOCUMHT: 32M771 774 OffiUIKHK 37*0241 253 MUX UNt *****55 HX *****40 QUO **********0N I TO NW USA A CANADA I USA fftHIMNV 1 "Mva/wr MM swum haul/voy sa ttw on m msp —pff j
      1,867 words
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      Page 31 Advertisements Column 3
      148 31 milY CONTAINIIIIIP PIDICAfP ftVICBS IMONWAA I 70/vt I 22/04 I lg 123/o*l 27/04 24/04 01/10 02/10 itaMKLAfIBL Mi 7712J23 i«. )«4n UipalH tendot M M JAPAN POiTJ gEsr paamswsa™? fcgg^ZISLiZ^^EL^fISSSSSSS^^ISxJiISSSS^SI^ILISSSSSISSjiSBteLISL--— |£%mri ORIENT EXPRESS UNES (U.K.) LIMITED a. lit B (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VKSII VOY
      148 words
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      1456 32 DSR-SENATOR LINES TO UK/CONTINENT TO RED BEA^VIEDITEMIANEANCANADA vttsa m m_ La htm ami ham owv rj vessel vot 15m" jed bit tn foo mx urn PU3AN SENATOR HMM 15 M «11 04 10 05 10 07 10 Nil 1110 CMOYANQ nWEMH WMMI 17 00 It 00 0410 0010 0011 1010
      1,456 words
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      Page 32 Advertisements Column 2
      982 32 p. qwamq' I H\y VJ c» NO. I***7ieeo* S»U: (064) *****9 MAMLA: (632) *****24 PENAMG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P- KELANG: (03) *****77 JKT (21) *****07 KPN: (61) *****3 KUCHXO (062) *****1-3 XINGANG PORT KELANG MV "KOTA HARMUNI" V.HNI2OS MV "SEA UNK" V.653N ETA SIN: 19/09/98
      982 words
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      Page 32 Advertisements Column 3
      533 32 LINK MUARA LABUAN j vcsa vor nt eta vtssa vor rre ru spommmca spom ion i.ww vn/wu/D* if/of inosra v»/n h/h »/h OUUKAJNO-32 VIS/00 23/00 20/0* CAUUM-» VIH/00 23/00 27/00 swahsmok wt/NM/nn/vf siuimm vjte/oo 20/0* 30/0* CAAAKA *00-3? Vl*/* 01/10 04/10 STMTS HOP( V2M/00 05/10 00/10 IK. KINABALU 1 KUCHtNQ
      533 words
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      1512 33 VESSEL VOY SIN PQU PKQ PEW PQB PUB SHJ IBA BIK IRAN VAH DAT PJL 1299 06/09 08/09 19/09 IRAN MATIN PJL 1308 19/09 27/09 28/09 28/09 29/09 PQB» Mini Qaboot, DUB Dubai. SHJ > Sharjah. BA Bandar Abbas. BIK Bandar Imam Khomeini ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN
      1,512 words
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      Page 33 Advertisements Column 2
      1658 33 I DIRECT TO lf*tttTOl HHIIAJiMIKM v in ismwspkSl IVHY THURSDAY 1 I, I SINGAPOM'S GfMHAI AGINTS: 6 SHINTON WAY 111:226 1900 FAX: *****04 OVIi!SM9/^T l lnSS7 m^S!!SuomS^^^^^ m^m^ COSTAR SHIPPING PTE LTD #17-0« D«S lux; SAIES/IKGS *****41/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD |CKWfcll7B7t9oooo« TOWttmO 9
      1,658 words
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      Page 33 Advertisements Column 3
      618 33 EASTERN CAR LINER, ITD. 'SfSS.r' Ifc I eq (Singapore) pre ltd i SPKIAUZIWROROC HEAVY UFTUPTO 122 TOWS EQ (SltteATOK) fTE LIP LOAD NG FOR PORT KLANG/PENANG/BONTANG CHITTAGONG/CALCUTTA/HALDIA MV "OCEAN BRAVE" V.l 1 MV "BRISA AZUL" V.16 OA SIN 14/09/98 EIHWI7/09/W PORT KLANG/BANGKOK/LAEM CHABANG JAKARTA MV "GOLD INDUS" V.2 MV „o»,
      618 words
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      1296 34 EUHOPE/UimC*IIDIHAVIA/FIItUUID/miBBIA I SGP RDM ANW HBG THP ZEE LHV I LHV THP ROM ANW HBG PKL SGP E. DIADEM RW-OQ2 2U9 09/11 10/10 12/10 13AI0 14/10 lE. GLEEFUL RE-OS 3 22/08 23/08 25/08 18/09 ■I. DAINTY RW-007 27/09 Wl 20/10 17/10 19/19 20/10 21/10 E RIGHT RE-035 27/09 29/ M
      1,296 words
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      Page 34 Advertisements Column 2
      895 34 PACIFIC INTERNATIONAL UNES (PTE) LTD! I J 140 Cecil Street #03-00 PIL Building, Singapore *****0. I I CRNO: **********0E l»Btt V9T m Bl W m m> oa ah m ml a" lUNGA TUATAJ3 JS3 20/9 21/9 57)0 4/10- 10/10 if/la I uTia I ooaAititr o« Tift- nh un >/i, IK
      895 words
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      Page 34 Advertisements Column 3
      415 34 NANTAI LINE FUUY CONTAINERISED SEtVKE TO HAUtmUS SOUTH ARKA rasa vot sw I pu) m i jw err w mmiKaus torn 23/w 12/10 oi/io w/io ii/io 13/10 GOLDEN QtA6O« wn W/W 01/11 12/10 IS/10 H/10 HAMSACASTEIA tflOK 04/10 IS/10 11/10 22/10 23/10 2t/ll mUIFMKBS MMS 13/10 27/10 30/10 31/10 mnMQUBM
      415 words
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      468 35 BSfl a. MM MYANMA wBBk FIVE STAR LINE (MyoNMsr National Lino) Loading for Yangon (Rangoon) vtssa voy sm m ph ra SITTWI 81W SU> PATHBN ISOW $10 MALAYSIA A«NTS: BOUSTIAD SMfPING ACtNOIS KUL HI (03)*****00 PKL Til (03) 37M101 PIN: IU (04) M ***** PGU: HI (07)*****21/4 BANK LINE (A
      468 words
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      Page 35 Advertisements Column 2
      1272 35 HYUNDAI MERCHANT MARINE CO., LTD. IVBSa VOT SM I SOU I IJH I ETM I AMT I HAM I WV I FB~I IVESSE VOY I SOU I UN I ETM I AOOT I HAM I MTV I FB I'SII APIAUAANDMI 304W 17/00 05/10 10/10 07/10 00/10 LALOMI 522( 20/0* 24/00
      1,272 words
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      Page 35 Advertisements Column 3
      1050 35 lt| noMogian ipaciakad outaoamon Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" [vb» vor ramp height sin iai cot ma sav ial m ntc new mm TALABOT Ftll 4001 ms 6.3 M INPORT "WiO" WTO" 22/10 24/10 WHT 277 fiT WfiT Wn~ oS7fr~ TAMPERE FOI9 400 Tom 6.3
      1,050 words
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      933 36 BANGKOK/MAP TA PHUT/lAIM CHAMNOI J AK AWT A/PA H J A HO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN SI NO OCEAN OCNII3 In Pt 19/09 THANA BHUM 304S In Pt 19/09 NANTA BHUM** 411N In Pt 18/09 20/09 QURU BHUM 96S In Pt 20/09 BANI
      933 words
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      Page 36 Advertisements Column 2
      625 36 jTcosco CQSCQ FVU CONTAINER 9EPVICE (FCI/FCU EXPORT TO: CHMA/HONQ KONG EUROPE/CONTINENTAL EAST A WEST MEDITERRANEAN AUSTRALIA AMERICA U3WEST/EAST COAST PERSIAN QULF/KARACHI Pleas* refer above mentioned services to China Ocean Shipping Co. Advertisement in Page S. CHINA/S.E-A. RILL CONTAINER vnsa vor m k w m on no F»Hf 01 UN IJ/09
      625 words
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      Page 36 Advertisements Column 3
      1077 36 vessels voy sw jed mla lb< ham thp rtm zee VKXEDEGEMINA H27W gg 3QW OS/1Q 11/10 12/10 WjQ 14/10 IVIO VtlE OE CypRION Y27W 28*08 07/10 12/10 16/10 18/10 21/10 21/10 22/10 V-LEOEAMMOSA V2WW 06/10 14/10 18/10 28/10 28/10 26/10 29/10 VK-LEOE TANYA T2BW 21/10 26/10 01/11 04/11 oa'H 02/11
      1,077 words
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      51 37 TJTZTZ^or^emand —(Retrieve more schedules!) SJ&M Press "1" yv CT JC\ Select the port and key in the four digit code eg: To New York (NYQ 2275 Ke y in V° ur fax number JM your phone number Another Innovative urvfc* offered by rir The document Will be Shipping times s
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      153 39 I free Reader Enquiry Service cut out and Fax to 65-*****29 MStfIBPWMiHW n Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination:— Cargo Volume: Special Requirements: ADVERTISERrPRODUCTS/SERVICES Saw an advertisement in Shipping Times of a
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      Page 40 Advertisements Column 1
      1039 40 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 Cll 10. **********00 BOOKINSS CALL DIWECT LI ME: *****41/43 JESSICA/CELIA/MEI CHAM 7 SLGS/WEEK E5333J31 2 SLG/WEEK |VESSEL i~VOY rSN [~MK VESSEL |VOY |8W |PLB OERAJAT 1316 12/09 (SAT) 15/09
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      641 40 |*gn ENG LIE SHIPPING CO PTE LTD I I Tab *****75 It Uaet) fu: S)Nll|/)»tfM T ct ww isowootooc I VESSEL VOY SIN FTA SIN ETD NSTINATKM Buanc Afaadi 14/98 12/09 14/09 Kuaio kmgkol/Janbi Union Stor 8 08/98 15/09 17/09 Dumo. Sum Central 14/98 IN PORT 18/09 Petmwng/Buolon/PBonj DwiJayo 15/98
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      Page 40 Advertisements Column 3
      521 40 SIM FAR EAST 20/09 KEE LUNG/KAOHSIU NG 20/09 BANGKOK 20/09 MANILA/CEBU 20/09 JAKARTA/BELAWAN/SURABAYA 20/09 PORT KE LANG/PENANG/E MALAYSIA 22/09 BUSAN 20/09 TOKYO/YOKO/KOBE/NGO/OSA 20/09 HONG KONG SIN CHINA oH#±»*n) 20/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU-'XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU m EUROPE/UK 20/09 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 20/09 LOS ANGELES/NEW
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      Page 40 Advertisements Column 4
      454 40 Irff# Shjopwi Soviet SUppMg CPI k\\V afk IOOSOttKXM MdtCne SUppiag PI W33) QkltfytHMK VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNOI3 19/00 27/00 08/10 KOTA RATU RTUO2I 28/00 03/10 18/10 BUXMOON 118N 03/10 10/10 21/10 22/10 VBSEI VOY Ml CALCUTTA Ml JAYA MOON 810 1 18 19/091 25/09 14/11
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      788 41 I MICIC TRANSPORT I APM-SAIOON SHIPPING I STRATTSSHUTTLESERVICE Ilvgsa Ivor I tmwM I wok [srotnilvßsa m roswi rot wnmH Ivbm vot Biw wramtl AJtOMOM 014 IS/04(TW) 11/0922/09 NOMA WW 10/09(SUM) IT?* 77/09 ***** JAY* ***** 14/09 (Mo*|\T/H arm wt ii/mihhi 21/09 is/m noma «mo v/wum Mamma mm u/o»(wtw 17/09 NOMA
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      Page 41 Advertisements Column 2
      1741 41 l**g£ oUGt g{ 0 I Bfl a I iflfo ff lo I Itp I HAH Im I yfWH «PH I mwr* SHPffILpSBSI] WICHTOA OSWA3S liS SlO a!o itio ITJO HOKWTamSS 41EA34 74.01 26.08 27.01 30.00 16 4* N/A N/A N/A N/A pobkooe oikaw 01.10 17.10 HM 20.10 24.10 rowsotmumoN 4iiass
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      858 42 SIN I TIGER ISLAND 647N 18-19/09 23-29/09 03-04/10 I TIGER WAVE 648N 21-22/09 27-02/10 07-08/10 I TIGER BRIDGE 649N 25-26/09 01-06/10 11-12/10 I TIGER BAY 660N 29-3009 04-11/10 15-16/10 I TIGER ISLAND 661N 03-04/10 09-15/10 19-2IVIO I TIGER WAVE 662N 07-OEVIO 14-17/10 IVESSEL^^VOY^St^^CA^^sIf^I TIGER RIVER 336CN8 18-19»09 25-28/09 0446/10 I
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      Page 42 Advertisements Column 2
      743 42 FREIGHT LINKS EXPRESS I Tel: *****66 (60 Lines) Fax: *****33 E-mail: flasinOsingnat.com.sg DIRICT CONSOLIDATION SHVICI TO AUXANMUA (ALT), ISTANBUL (IST), IZMIR (IZM), BUINOS AIMS (BUI), SANTOS, BRAZIL (SSZ), LAIM CHABANO (LCB) VtSSCL (TO SM lUALY ITA KT KM IZM ITS SSZ IM ICS ITA BUI MkO NSOLLOYD SYDNEY VS9I6 21/09
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      Page 42 Advertisements Column 3
      866 42 OOCL (Sinffopore) Pte Lid cfs x«ppj T"~~— 7f Amm RM4 121-04 (S) *****6 Mi Sl3 #01-121 T W+ PCTAUMG JAYA M: 03-754 777* Fit: #3-754 6657 mum T«fc 04-*****45/ I F«: M-*****43 "***** \mmm hku-MMJ NOKTH AMIUCA USA/ CAMAOA Q AUfT»*"« T0 MM *L J2 -CHI 'MEM *NY( -HOU OUTNOUNP
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      116 43 LEGEND R Thunderstorm Temperoture o c A, V Shower Weother Wind (Srection with speed in knots Rom Cloudy Sky Wov h «flh» Sgrfoce winds or* indicated by arrows which Hy with the wind t) One tut circle represents calm or bght and variable wnds UOnehoH Heche represents 5 knots One
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      72 44 HYUNDAI MERCHANT MARINE (S) PTE LTD have immediate vacancies for: Candidates must have Shipping experience in Liner Trade Self motivation Strong communication interpersonal skills Preferably possess own vehicle Interested applicants are required to send in your detailed resume including current and expected salary, photograph and contact number to the following
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