The Business Times, 21 September 1998

Total Pages: 46
1 46 The Business Times
  • 12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://business-times.asia!.com.sg/ MONDAY, SEPTEMBER 21,1998
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  • 52 1 glWitlETDimCBB Week Change ST! 912.74 +59.56 SIMSCI FUTURES. ...199J9. +7J9 BfcSRI .388.19.. +2117 KLSECOMP ma9„+28J8 WKKH 1MW.12—+9114 HANO SENG 7,44M9-._.-iai2 SET INDEX. 221 J6b +».I6 JAKARTA COMP 271.97 -5tS7 MANILA COMP—1,174.91 +92.43 TAIPEI WP! 7,149.59+397.76 SEOUL COMP 901JS -19.19 CLSA CHINA B. 918.47 +9.49 AUST ALLORD—1639.90. +71.99 DOW
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  • 75 1 FOJftX BATES USI ss USI 1.720 f(U8*S|p»I) 1.682 2.898 DM ...1.892 1.016 YEN 132.1 1J02* KM 1880 0.453 HKI 7.748 0222 BAHT —40.61 0.042 RUP1AH 11.060 9.016* *St to 100 nits PUKE BATES SINGAPORE* 7.71 KUALA LUMPUR.. 11 J* JAKARTA .28.00 BANGKOK 14.78 MANILA HONGKONG 10.26 TAIPEI AM SYDNEY
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  • 937 1  -  Police fire te&rgas at protesters near Mahathir's home From. Eddie Toh Ruth Wong in Kuala Lumpur MALAYSIAN police swooped on ousted leader Anwar Ibrahim and arrested him in a night of high drama unprecedented in Malaysian politics. Mr Anwar will be charged today
    REUTERS  -  937 words
  • 471 1  -  Talk of plan going to Parliament lifts stock market From, Laurence Eyton in Taipei PLANS are afoot to merge three major commercial banks in Taiwan to form the biggest financial institution in the country with assets of NTS3.I6 trillion (Ssls7 billion)
    471 words
  • 1092 1  -  Confusion over legal action developers can take against buyers who default By) Lee Han Shih Diana Oon [SINGAPORE] There is considerable confusion in the current depressed property market over one key issue what action housing developers can take against buyers who
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  • Page 1 Advertisements
    • 167 1 |H SIDE currency controls The Indon central bank governor has warned there would be "dire consequences" if Jakarta introduced Malaysianstyle foreign exchange controls to shelter its battered economy, Pg 5 T¥P foods wasted: aodirUr Russia's chief state auditor has accused the Russian central bank of stealing or wasting billions Of
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    • 85 1 Najib alama Anwarfor supporting DAP, Pg 3 Tear gas, water cannons, riot police greet Anwar supporters, Pg 3 Can M'sla pull off capital coup? The outlook for the Malaysian economy is still clouded three weeks after Dr Mahathir wagered on a radical package of capital controls to help mend the
      85 words
    • 26 1 fDUNHILL DON 1998 Menswear Collection f \r& 1 t I t 4 V. RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY
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    • 8 1 Ardmore Parks $200 m payments due, Pg 19
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  • SINGAPORE AT HOME & ABROAD
    • 588 2  -  He says there's nothing alarming about current S'pore-KL relations By < Carol Eng SENIOR Minister Lee Kuan Yew said yesterday he does not think there will be a CPF cut this year as it is already September. But he
      588 words
    • 342 2 The Straits Times THE turmoil in the region will put Singapore's social cohesion to the test. Deputy Prime Minister Lee Hsien Loong said last night, adding that Singapore must strive to prevent external problems from affecting race relations here. Speaking at Onam,
      The Straits Times  -  342 words
    • 275 2 Defence minister refutes news reports after investigation Reuters [KUALA LUMPUR] Malaysia said yesterday that no Republic of Singapore Air Force (RSAF) planes had entered its airspace since Kuala Lumpur imposed restrictions last week. Defence Minister Syed Hamid Albar said the military had investigated
      Reuters  -  275 words
    • 326 2  -  EYE OK THE ECONOMY Commerce Byl Carol Eng ETAIL sales fell by close to 12 per rv cent in volume terms in July com--L Vpared to a year ago. If motor vehicles were excluded, the fall was a far sharper 21.5 per cent. Figures released
      Source: Dept of Statistics  -  326 words
  • Page 2 Advertisements
    • 104 2 ill v > > We would like to thank the following" N, > I w .V< 4 organizations which helped make our Asian Financials Conference "Along the Road to Recovery" such a success: v •'ABN-AMRO ANZ Banking Group' < Bank Indonesia Bank Negara Indonesia Bank of Thailand Hongkong &r Shanghai
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    • 216 2 Experience the wonders of Bordeaux at Top of the 'M Revolving Restaurant 17-27 September 1998 The Wine Renowned for its lively red wine, Bordeaux is the promised land for Cabernet Sauvignon and Merlot. Used extensively in both the preparation of and as an accompaniment to its cuisine, these wines are
      216 words

  • ANWAR'S ARREST
    • 484 3 Chronology of events leading to the arrest of Anwar Ibrahim, Malaysia's former deputy prime minister and finance minister Source: Reuter May-June 1996: Tension rises between Mr Anwar and Prime Minister Mahathir Mohamad as the deputy prime minister calls repeatedly for political reform and an end to cronyism, nepotism
      Source: Reuter  -  484 words
    • 523 3 He will allege whole govt machinery conspired against him, says premier Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad yesterday said his sacked deputy Anwar Ibrahim was a desperate man who would condemn the government in any way to
      Reuters  -  523 words
    • 181 3 Bernama [BALING] United Malays National Organisation (Umno) vice-president Najib Tun Razak said on Saturday that former deputy prime minister Anwar Ibrahim had hurt the feelings of the Malays by consorting with the Democratic Action Party and that his action was unforgiveable. "The act of
      Bernama  -  181 words
    • 433 3 Reuters [KUALA LUMPUR] They marched up the hill in thousands, chanting merdeka (freedom) and baying for Prime Minister Mahathir Mohamad to resign. They sported red reformasi (reform) handbands and shouted "We want justice", punching the air in anger as they walked
      Reuters  -  433 words
  • Page 3 Advertisements
    • 92 3 Plan for the future with PRUDENTIAL TOWER a new office at Prudential AT RAFFLES PLACE Tower. Built on one of the last prime district, Prudential To lease top floors at low rates, call Jones Lang THE RIGHT ADDRESS CAN MAKE YOUR BUSINESS MORE PROFITABLE wootton at 220 3888. success '—m
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  • FOCUS
    • 3542 4  -  If M'sia succeeds in pulling off the gamble, it will have scored an economic coup but failure will lead to a 1980s Latin American-style debt crisis By' Vikram Khanna [SINGAPORE] MALAYSIA'S imposition of exchange controls at the beginning of this month is perhaps the boldest
      FILE PHOTO; Source: Bloomberg; Source: JP Morgan  -  3,542 words

  • ASIA'S ECONOMIC SLUMP
    • 861 5  -  CRISIS WATCH Indonesia needs help from Pit agencies to pat In place mass-scale food-for-work programmes By Vikram Khanna TRAGIC that it had to come to this, but it has: the major focus today of the IMF's efforts in Indonesia is an issue one doesn't normally associate
      861 words
    • 625 5 He warns of dire consequences if Jakarta goes Malaysia's way AFP [JAKARTA] The governor of Indonesia's central bank has warned there would be "dire consequences" if Jakarta introduced Malaysian-style foreign exchange controls to shelter its battered economy. The government still believes in
      AFP  -  625 words
    • 251 5 AFP [SINGAPORE] Asia's financial crisis is sparking increasing government intervention and increasing the influence of state firms, an independent think tank said. "The role of the state and state-owned companies seems to be filling a bigger share of the vacuum that
      AFP  -  251 words
  • Page 5 Advertisements
    • 26 5 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A.T.S* at 1800-737-1166. Another Classified Service
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    • 209 5 From helping construct a secure building at the blueprint Which is why at CISCO, offering total security has evolved stage to installing and monitoring burglar alarms, one into a comprehensive operation supported by five major company offers value-for-money security solutions. CISCO. divisions. The tried and tested expertise of these divisions
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  • Page 6 Advertisements
    • 2655 6 I The Si me Darby Group I PRELIMINARY ANNOUNCEMENT I OF RESULTS FOR THE YEAR ENDED 30TH JUNE 1998 I Sime Darby Berhad >. B (Company No. *****-M) B Unaudited results of the Group fof the year ended 30th June 1998 Tractors incurred losses during the second half of the
      2,655 words

  • CHINA-HONGKONG-TAIWAN
    • 512 7 The figure includes public and private investment in fixed assets, says reports BEIJING Reuters CHINA has lumped a wide range of public and private investment in fixed assets under a US$l.2 trillion (Ss2 trillion) spending spree unveiled by a senior official, the China Daily
      Reuters  -  512 words
    • 427 7 HONGKONG Planned wage cats spark outrage, fears of further cuts Reuters THE management of Hongkong Telecom scrambled on Saturday to stave off any chance of industrial action by* its workers due to a plan to cut wages by 10 per cent.
      Reuters  -  427 words
    • 192 7 TAIPEI AFP TAIWAN is expected to lose at least US$4 billion (556.9 billion) in tax revenues over the next four years resulting from its bid to join the World Trade Organisation, a report said yesterday. According to plans unveiled by the finance ministry,
      AFP  -  192 words
    • 265 7 BEIJING Building binge to add one percentage point to growth: report Reuters CHINA'S plans for massive housing construction to boost the economy are on track, and the building binge should add one percentage point to growth this year, the China Daily reported on Saturday.
      Reuters  -  265 words
  • Page 7 Advertisements
    • 427 7 This seminar is specially designed for people like "OlAr TO you who are interested to make your true wealth Become A ontinuously pay off for the rest of your life. These Ma a net To advanc d practical principles are designed to mm J* Abml move you to MAKE MORE
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  • Page 8 Advertisements
    • 65 8 v■' '1- 'v 3 *«<* .V' J-- *•>'*' If "'V -T- > V 'i V<*\ ij" V -V-V/ v V V 'J v:' V->. v< > fy* -v "r r v v v c '.-•••..v. jfc 1 > -v- "c/if v ;j v 'V f *:)'*> f v > •->
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  • Page 9 Advertisements
    • 70 9 I United Technologies is a $25 billion corporation that provides a broad range of high-technology products and support services to customers in the aerospace, building and automotive industries worldwide. United Technologies' best-known products include Pratt Whitney aircraft engines, Otis elevators and escalators, s f I I V I 4 Carrier
      70 words

  • ASIA
    • 408 10 TOKYO Baling LDP, opposition don't agree on details Bloomberg JAPAN'S political debate on specifics of a plan to restore the nation's debt-laden banks to health shows that a substantial gulf remains between the ruling and opposition parties on their compromise proposal.
      Bloomberg  -  408 words
    • 250 10 DHAKA Reuters INTERNATIONAL donors have responded generously to Bangladesh's appeal for flood relief and foreign aid should soften the impact of the disaster, officials said yesterday. "We are receiving more aid commitments than expected," said one government official. "If the promised aid
      Reuters  -  250 words
    • 590 10 SYDNEY New polls show opposition in clear lead; support for Hanson sinks to 7-5% AFP Reuters THE battle to lead Australia into the next millennium has turned into a cliffhanger with two weeks left to polling day, while far-right legislator Pauline Hanson has
      AFP; Reuters; REUTERS  -  590 words
    • 328 10 SEOUL AFP SOUTH Korea's financial watchdogs wavered yesterday in their tough stance on job cuts after bank unions threatened to launch a crippling strike. Lee Hun Jae, head of the powerful Financial Supervisory Committee (FSC), told a television talk show that banks
      AFP  -  328 words
  • Page 10 Advertisements
    • 347 10 fDM CAREER STRATEGY CONSULTANTS Assume it is you who has just been retrenched. What now? Also assuming your employer has retained Davidson Associates to provide individual career transition consultancy, you are about to meet your D&A consultant. You'll find that he or she is as experienced as you are. You'll
      347 words
    • 72 10 HPOVSIA 1998 SINGAPORE 3rd High Performance Computing Asia Conference Exhibition J'. s f MJ* ~ih': Exhibition is open to trade professionals after 12 noon on 23 September. For conference registration, please contact the Secretariat. Organised by: Conference Secretariat: HPC Asia '98 Conference and Exhibition, cjo CEMS Pte Ltd, 1 Maritime
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  • THE WORLD
    • 488 11 MOSCOW He warns West not to give any more money nntil checks put in place AFP RUSSIA'S chief state auditor has accused the Russian central bank of stealing or wasting billions of dollars loaned from the International Monetary Fund and warned the
      AFP  -  488 words
    • 349 11 WASHINGTON AFP Bloomberg US Speaker of the House Newt Gingrich last Friday stepped up his campaign against full US funding of the International Monetary Fund (IMF), referring to the IMF chief as a "French socialist". "Unless we have serious, deep reforms and accountability,
      AFP; Bloomberg  -  349 words
  • Page 11 Advertisements
    • 881 11 I JAYA HOLDINGS LTD UNAUDITED RESULTS ANNOUNCEMENT The Directors are pleased to announce the unaudited consolidated results of the Group for the financial year ended 30 June 1998. 1998 1997 FAV/(UNFAV) $'000 $'000 $'000 Change Turnover 73,307 89,758 (16,451) (18.3) Operating profit 43,006 31,935 11,071 34.7 Interest income 2,240 977
      881 words

  • BUSINESS IT
    • 729 12  -  Telcos around the world using know-how from Innomedia By< Toh Han Shih [SINGAPORE] Several newgeneration telecommunication companies (telcos) around the world are starting to offer cheap Internet phone and fax, using technology from Singapore high-tech firm Innomedia. At least 13 telcos in Hongkong,
      Source: InnoMedia Pte Ltd  -  729 words
    • 429 12  -  By] Raju Chellam [SINGAPORE] An effective logistics infrastructure is the key to success in the emerging electronic world where national boundaries do not matter, according to James Champy, a leading authority on business re-engineering, organisational change and corporate renewal. "The information age may be
      429 words
    • IT TAKES
      • 60 13 [SINGAPORE] The National Computer Board will organise Singapore's first Mass Internet Training at the Singapore Indoor Stadium from Friday to Sept 29. The event, called Surf@Stadium, is expected to draw some 3,750 participants in Internet training sessions. The sessions will be conducted in English or Mandarin.
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      • 59 13 [SINGAPORE] Siemens Nixdorf Information Systems and Platinum Technology will implement a data warehouse for the Singapore Tourism Board (STB). This data warehouse will be one of the first of its kind for the tourism business in the Asia-Pacific. It will enable STB to collect and
        59 words
      • 55 13 [SINGAPORE] Daisytek, a US supplier of computer and office supplies from manufacturers like Hewlett-Packard, Canon and Lexmark, will launch a Web site for the Asia-Pacific later this year called SOLOnet. SOLOnet is a secure wholesale Web site that gives suppliers access to Daisytek's 8,000
        55 words
      • 47 13 [SINGAPORE] ST Computer Systems Services Limited (STCS) was awarded a U*****,000 (551.59 million) contract to supply and implement the Beijing Science Technology Information (BSTI) Network. BSTI Network will connect the science and technology information resources from various municipal departments and districts in Bering.
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      • 64 13  -  -Compiled by Toh Han Shih [SINGAPORE] 3D mechanical design buffs may want to attend the Autodesk public launch of Autodesk Mechanical Desktop 3.0. This is a seminar to be held at National Computer Board Auditorium on Friday, from 10 am to 4 pm. For more information, contact Dannie
        64 words
    • 508 13  - Start your business on the Net in 1 hr COMDEX/ASIA 98 Hi/' Toh Han Shih [SINGAPORE] At Comdex/Asia this week, you can go to the E-commerce Pavilion and put your business on the Internet within an hour. This is possible with a service called "Design and Build", which is offered
      508 words
    • 276 13 [SINGAPORE] Nominations for the IT Leader Awards 1999 are now open, the Singapore Computer Society (SCS) said. The awards supported by Hewlett-Packard, IBM, Microsoft, Novell, Andersen Consulting and BT Online will provide public recognition to the "unparalleled contributions of prominent individuals to
      276 words
    • 868 14  -  What staid image? In R&D at least, IBM gets down with the rest to recruit the best its global technology chief Nick Donofrio tells kbmmetb jambs KENNETH JAMES IN EARLY July this year, some 700 university students gathered at eight locations around the world to "jam".
      868 words
    • 501 15  -  By Keith Budge The author is managing director, Oracle Systems SEA (S) Pte Ltd. THE rapidly changing business landscape in the Asia-Pacific requires a flexible and intelligent information management system in order to maximise company performance. In today's business environment, executives need
      501 words
    • 498 15  -  Now yon can interact live over the Internet By 1 Toh Han Shih [SINGAPORE] Local research institute Kent Ridge Digital Labs (KRDL) last week launched a software that allows people to interact live over the Internet in a 3D virtual reality community. Called Net
      498 words
    • 292 16  -  Two professional series colour scanners made here for world markets By, Raju Chellam [SINGAPORE] HewlettPackard Company last week announced three new scanners and a new CD-ROM server tower that allows multiple users to share libraries of CDROM content across the network. HP said two high-end
      292 words
    • 238 16 [SINGAPORE] Dell Computer is ready with new models under its Inspiron and Latitude series of notebooks, powered by Intel's new mobile 300 MHz Pentium 11. The new Inspiron 7000 is targeted at home and business users and the Latitude CPi at corporate users. The top-end
      238 words
    • ON THE SHELF
      • 66 16 CANON has introduced two new laser beam printers for network office environments. The LBP-1760 prints 17 pages per minute, comes with Canon's automatic image refinement, memory reduction and cm-demand fusing technology, and costs 11,996. The LBP-2400 (above) prints 24 pages per minute, can print
        66 words
      • 67 16 ADVANCED Micro Devices (AMD) has begun volume shipments of its 350 MHz K6-2 processors with 3DNow! technology, that enhances 3D graphics, multimedia and other floating-point-intensive applications. AMD said major vendors such as IBM, Compaq, Acer ami Fujitsu have or soon will introduce systems based on
        67 words
      • 50 16 lOMEGA Corp has cut the price of its Jaz 2 GB external and internal drives bylBoo. The drives now retail at $809. The drives work on both PC and Mac platforms and can read both Jaz 1 GB and 2 GB disks. For details, fax *****02.
        50 words
      • 64 16  -  Compiled by! Raju Chellam INTTSL Corp has introduced its highest performance 300 MHz mobile Pentium II processor (above) with Quick Start, a new technology that cuts power consumption and preserves the system battery life. It is available in a mini-cartridge or mobile module version,
        64 words
  • Page 12 Advertisements
    • 905 12 MSO D«U. DIMENSION* XPS MOO (MMS) DCU* DIMENSION* XKV3SO(MMS) DIMENSION* XPS V333c (MMS) INTH, PCKHUM* I PROCESSOR 450 MHZ INTEL* PENTIUM* N PROCISSOft 400 MHZ INTEL* PENTIUM* II PtOCKSSO* 350 MHZ INTEL* CELXSON" PROCESSOR 333 MHZ W, t J Minitower Modal Mini WModaf (INTEL 440tX AOPSET) (INTEL 440SX AGPSfT) IH
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  • Page 13 Advertisements
    • 135 13 I Waiting till 1999 1 I may be too late! I Many foreign subsidiaries have already received instructions from their Head Offices to ensure Year 2000 compliance for their payroll software by December 31,1998. I If you arc still using a Non-Year 2000 payroll package, it is time you called
      135 words
    • 483 13 I What good isyou^^^l Fact users have access to a dedicated Customer Support Team, on hotline phone, fax and highest priority email accounting software I 24 hour access to Frequently Asked Questions on the Web, updated frequently. FREE Help Sessions conducted every day. I without excellent I Dedicated FACT Learning
      483 words

  • Page 14 Advertisements
    • 460 14 We offer a is to Truly remarkable computer cases t dear concepts |yand easy handling. For every |> we have an intelliSoftcases, hardcases and suitcases for your computer, note book, handphone., or any- JK thing else you need to carry T fe and to protect DICOTA T Ik jfc is
      460 words

  • Page 15 Advertisements
    • 346 15 Sunday Classified j -cle-aJVfott 5 at Clarke Quay Every Sunday, 9am spm ARE THESE YOUR CHALLENGES? Employing the Internet, conducting electronic commerce, or exchanging information with suppliers, customers or other parte of your business? Choosing the best-of-breed applications and deploying them globally? Integrating business systems securely across the extended enterprise?
      346 words
    • 667 15 |i^^^^oTomo^oftwar^E^ MllMi^Sj| Hp Jk^^^D|K pwitlunrll t v r»l Let's talk about endless hours of fun on the ultimate multimedia machine... ...wrfh just a few simple clicks of the mouse. Let's talk about your Gateway™ Everyone in Jonathan's family desired something distinct in their PC. |onathan said, "what I need is
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  • Page 16 Advertisements
    • 78 16 I jrf m&r& t y^T HfE#' -f- '-^H |W II £55% IP *$3&W&Wi*-Mkw f? < 1 >* t». -J Pt-t m r > ■Hr m 1 I INFINIUM I B I Introducing Infinium® e-business. Your BUSINESS is about to be supercharged. At Infinium, we speak e-business. M /S) For more
      78 words
    • 90 16 IT STANDARDS AT COMDEX/ Asia '98! Visit the ITSC booth COMDEX Asia 98 to find out how standards lead to excellence in innovation and new business opportunities! if COMDEX A at Singapore MSIU Informatics 98 I 111 Hll> r 111 it fH> II 111 ll lining Mill kt fl'ldt I
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  • Page 17 Advertisements
    • 240 17 Where to wine, dine and entertain..r* r rtZm m ~wm Every Monday is Senior Citizen's Day at the ANA Hotel. Anyone 60 and a Love can enjoy buffet lunches and dinners at the the-Rirfc, or Teppanyaki at the Unkai Japanese Restaurant, at 50% off. Bring someone you love, lilte a
      240 words
    • 187 17 Ctyt DO. Qiyw(t) LtVELI Daily A La-Carte menu. Western and local fr jW T favourites chef s 11l jif speciality top selling m Jgf Hainanese Chicken Rice, mJEE? Nasi Goreng Istimewa, etc. Function Room available for private parties, company dinner and dance, conference, seminar and meeting. Contact F B Department
      187 words
    • 149 17 CaaV o*£it PVfiic for ifatktri, local f MouriHx for jjour imalm count... WAUK£«S' ALLtV UUfffT £*er«j fruUjj 4 e<€»>u^c. il9.£o~+ pw pf child -MLM TERRACE AND POOL Level 5 Royal Crownc Plaza Singapore. 25 Scotts Road, Singapore *****0. Kil*-71?o Health conscious gourmets can partake in a superb selection of healthy
      149 words
    • 155 17 Buy It. Sell It. Find It. Classified. t. CATS. Call Today For Kesults Tomorrow. 1800-*****66 Oiini ini3s) SEAFOOD j PROMOTION j Besides the usual A la Carte menu, Chinatown will be introducing a "SPECIAL SEAFOOD PROMOTION A la Carte menu comprising of dishes such as Fresh Oyster with Dry Red
      155 words
    • 146 17 Experience the wonders of BORDEAUX at Top of the 'M' Revolving Restaurant i r JV 17-27 September 1998 f Please call 831 -6258/88 for your reservations PTBODiS tome Ph £U. Revolving ff* Rotaurant L'OUeau Bleu Restaurint (Fmioc) J*tli floor Si Mandarin UJ Singapore a* mm 383, Orchard Road, Singapore *****7
      146 words
  • Page 17 Miscellaneous
    • 843 17 TVvRADIO By Wheel Of Fortune Twinkle Little Star. i. Mt Wi rfffTnTTSrS— 6.30 The Pvramid Game 4.40 The Great Wall of Chi 2-30 PM TV Innovations. 7.00 News 5At Seven. na. V -■*—«K 4.00 Kidz Blitz: Sesame 7.30 Sabrina The Teenage SJO Travel With Simon Street. Witch (Lastep). Yam. 5.00
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    • 167 17 UKVFTIC CROSSWORD tate 28 Toast double feature (4-4) worker (8) SATURDAY'S SOLUTION DOWN 14 Precious stone that's a beauty Ic| l lalml InlgloMalr l voir! 1 1 One from one African country thus goes to another African 16 Dislike remarkable rise in rivcountry (6) er W 2 Thumbnail drawing? (6)
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  • EXECUTIVE LIFESTYLE
    • 1018 18  -  SDT members share with susantsako the ups and downs as they celebrate the group's 10th anniversary SUSAN TSANG THE Singapore Dance Theatre (SDT) celebrates its first decade, having registered more than just growth in repertoire and in the number of dancers. As they prepared for
      PHOTOS BY SIAW YAW HOONG  -  1,018 words
    • 447 18  -  By i Chua Soo Pong OFFERING a triple bill of ballets choreographed by masters from three different cultures, the Singapore Dance Theatre once again showed off the fine qualities of its dancers and their exceptional versatility. First on its 10th anniversary programme on opening night was
      447 words
    • 342 18  -  The company needs funds to keep its dancers in shoes By\ Susan Tsang YOU'VE probably heard the story about the king whose 12 daughters would disappear every night, only to return in the morning with their shoes worn out from dancing.
      SIEW YAW HOONG  -  342 words
    • 605 18  -  MUSIC Linos Ensemble from Germany shows superb handling of 20th century music By] P Y Van [SINGAPORE] The polished and disciplined sound of the Linos Ensemble from Germany was a welcome respite in the middle of what must have been a strangely hectic week
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  • Page 18 Miscellaneous
    • 183 18 THBWEAT 1 Singapore* Partly cloudy. Temperature (25/30 C) AA-PmUo WW CM. Jtnmkm dnr Stoddwha IMB dar AodJaad B/17 dwwws Meat *V 45 dowK Vkdm S/17 dnr M/ 32 dwwws Zaridl 11/18 dnr Btfng 1«/H dandy Buy WEB* (ML Boadwy »V3I hazy Aarierdw 1 i/2t dor Aaate U/H* OmA. Brirfme IS/JI
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  • COMPANIES & MARKETS
    • 673 19  -  By. Diana Oon [SINGAPORE] Marco Polo Developments is expecting to receive $200 million this week from the first progress payments for Ardmore Park, its prime district residential development. The developer has already sent out letters early this month reminding buyers of
      673 words
    • 220 19 [SINGAPORE] Freight Links Express Holdings (FLEH) has sold its entire 51 per cent stake in a Hongkong unit. FLEH chairman and founder David Lim Teck Hiang also disposed of shares in the Sin-gapore-listed company last Friday, the second sale in the week.
      220 words
    • 735 19  -  MARKET MATTERS KL needs to make structural changes to ride oat economic crisis By Eddie Toh Former political heavyweight Anwar Ibrahim has been crying foul since his unceremonious dismissal from the Malaysian government and the dominant political party, the United Malays National
      735 words
    • COMPANIES
      • 493 20 Bank Bnmipntra not known for astnte management while Commerce Asset seen as prudent Reuters [KUALA LUMPUR] A planned merger between two big Malaysian banks with starkly contrasting corporate cultures has left analysts wondering if the union will work. State-owned Bank Bumiputra Malaysia Bhd and
        Reuters  -  493 words
      • 546 20  -  Group writes rff EML43b investment in Sime Bank to HO From, Meera Tharmaratnam in Kuala Lumpur CONGLOMERATE Sime Darby Bhd plans to return to profitability by the end of its current financial year Dec 31, 1998, with a projected pre-tax profit of 800-900
        546 words
      • 127 20 Reuters [TOKYO] Japan's Daiwa Bank Ltd said it would close its Singapore merchant bank and a unit in Switzerland at the end of this month. The bank said in a statement last Friday that the decision was reached after the bank reviewed its
        Reuters  -  127 words
      • 125 20 Reuters [JAKARTA] Indonesia's Bank Bali on Friday confirmed a newspaper report that it expected to sell a 60 per cent stake to foreign investors. "The bank is planning to sell a 60 per cent stake to foreign investors, as part of
        Reuters  -  125 words
    • INTERNATIONAL COMPANIES
      • 460 21 US-based adviser will recommend against re-election of longest-serving board member Reuters [SYDNEY] A US-based institutional advisory firm said yesterday that it will recommend against the re-election of David Asimus as a director of The Broken Hill Pty Co Ltd (BHP) when the company holds
        Reuters  -  460 words
      • 255 21 Bloomberg [TOKYO] All Nippon Airways Co (ANA), Japan's sec-ond-largest airliner, said that it is trying to improve business in the second half by juggling its flight schedule to cut costs and meet earnings forecasts. The move will help
        Bloomberg  -  255 words
      • 533 21 Firm will modernise plants, cut labour costs over 3 years Reuters [CALCUTTA] Indian steel maker Tata Iron and Steel Company Ltd (Tisco) on Saturday said it will invest 30 billion rupees (551.05 billion) over three years to modernise its plants and cut
        Reuters  -  533 words
      • 256 22 Bloomberg [MILAN] Telecom Italia SpA described as a "pure fantasy" Italian media reports that it is considering a takeover of its partner Cable Wireless pic, the UK's second largest telephone company. "These reports have no basis in truth. Nothing of (the) kind has
        Bloomberg  -  256 words
      • 496 22 Investors spooked by lawsuits filed by US firm DSC that Alcatel acquired FT Reuters [PARIS] The French stockmarket watchdog on Friday launched an inquiry into last week's coUapse of shares in Alcatel as the telecommunications equipment group battled to restore investor confidence shattered by
        FT; Reuters; Source: Bloomberg  -  496 words
      • 391 22 London paper cites turmoil in world stock markets Bloomberg [LONDON] Goldman, Sachs Co may be forced to delay its initial public offering in the face of continued stock market turmoil, the London Sunday Times reported, citing unnamed senior partners. The IPO "is literally up
        Bloomberg  -  391 words
    • FINANCE & COMMODITIES
      • 542 23 Sluggish economy could depress asset quality, raising NPLs, they say Reuters [MANILA] Philippine banks' asset quality surely will come under pressure as the economy slackens, but the industry remains in much better condition than other Asian banking sectors, banking analysts said on
        Reuters; FILE PHOTO  -  542 words
      • 339 23  -  By\ Siow Li Sen (SINGAPORE! Singapore's currency is doing well not necessarily due to a basket currencies approach but due to good policies, said Larry Sjaastad, Professor of Economics at the University of Chicago. The local dollar is managed on a trade-weighted basis against a
        339 words
      • 155 23 Bloomberg [TOKYO] Charles Schwab, the biggest US online broker, has no "specific" plans to offer its services in Japan one of several markets it is interested in, said Gloria Lau, president of Charles Schwab, Asia Americas. "Looking to opportunities in the international markets is
        Bloomberg  -  155 words
      • Article, Illustration
        1730 23 PMMELEiroaOKATBB Aso,,^,, §m sl ABM Awo Bank NV B<* ABSA Bank United 8W AJtZ Banking Groap ABtedtrfcfc Bank PLC 7v« American Express Bank Bv* *rat> Q«n*lf fnry Arafe Bank PLC 7W AsaN Bank ltd 8*. Ban tin tat Bank BM 8* Banca Commerciato ItaMana 7 v 4 lanca Nazionaie De(
        1,730 words
    • COMMODITIES & FUTURES
      • 539 24  -  nimhii Weeklyßoundup Hiroko Komiya Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] The focus remains on monetary policy in the US as well as other G-7 countries, after the statement from the G-7
        Source: Simex  -  539 words
      • 817 24 COMMODITY Weeklyßoundup AFP [LONDON] The tropical storm over the Gulf of Mexico gave a badly needed boost to flagging oil prices last week in London, amid growing calls from Opec for producers to stick to production cuts and force up
        AFP; Source: Bloomberg  -  817 words
    • 1543 24 8IC0M FUTUIIB8 Sep n MKI {tatws dotmq rt UOpai) RSS1 C0WTMCT(S cwts/kfl) dm VotaM 0»M M-tt U» fctt Bmmi) it Oct* TJ7.00 ion *0* 98 -118.75 -1450 0«* t»J0 20 1470 J*n/Hw99 122.00 1950 Apr/JMB99 126.25 1950 M/Stp 99 130.75 80 KS3C0KTIACT(UScMti%) VotaM Om M—* H§fc U*» S«tt
      1,543 words
    • 3605 25 Mm CM KappalCarp Aug20 I 65.403 102X20 U0 nj Ml TV IV TV IV K«M*rCL$ Aug* I 12X24 ItlM ©00 5JO f«PM»P| MM l$M lata) (CtS) KappalMarlna A«n17 I 7.301 7.074 4.00 140 1C Dm P I4.M31 0.S4S VL 0X0 «<* At*20 I 0XS2 17X02 ©21
      3,605 words
    • MARKET REVIEWS
      • 268 26 HONGKONG AFP HONGKONG'S stock market will remain volatile in the coming days amid worries over the territory's economic outlook after losing 1.7 per cent during the week to Friday, dealers said. "Trading will remain volatile amid concerns over the local economy and higher interbank
        AFP  -  268 words
      • 661 26 NEW YORK Several obstacles stand in way of any prolonged rally Bloomberg AFP THE Dow Jones Industrial Average rose 100 points over the week ending Friday but the gains were cut almost in half by major sell-offs on Thursday when Federal Reserve
        Bloomberg; AFP  -  661 words
      • 409 26 LONDON AFP THE London stock market had a resilient start last week, scoring three successive rises despite US President Bill Clinton's troubles, before bad news from Alcatel and Shell butted in. The FTSE 100 Index of leading shares closed on Friday at 5,055.6, down
        AFP  -  409 words
      • 299 26 TOKYO AFP JAPANESE share prices will battle upside resistance this week at the peak of selling from institutions to dress up their interim accounts amid bleak prospects for an economic upturn, brokers said on Friday. A weekend compromise between Japan's ruling and opposition parties
        AFP  -  299 words
      • 873 26 Sydney +7U CAUTION brought on by volatile world share markets is expected to keep trade quiet on the Australian Stock Exchange in the week ahead, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, closed the week up 71.60 points, or 2.8 per cent,
        873 words
      • 1587 26 QPitb -113J2 EUROPE'S key share markets fluctuated madly before closing on lows on Friday as formerly "safe" companies such as France's Alcatel struck sour notes with investors grown wary over the effects of global crises on profits. France's CAC-40 Index closed 60.04 points or 1.7 per cent
        1,587 words
    • KUALA LUMPUR STOCK MARKET
      • 8656 27 MWSTRUU Couwmc products v Week Net CM. c """P*ny Sat* 'OOP Hjj» Law P/t %mU 3W 170 Ajinomoto .Z7210 5 8 210 2W S* IsX ?«o u 62 3 429 66 56.5 1.4 91.4 f22 Apollo Food Hlg ISO S 34 180 1T0 6.3 72.0 i?2 r |«V« Land 180
        8,656 words
      • 449 27 Bloomberg AFP Q Composite Index +24.77 MALAYSIA'S stocks are seen rising this week, led by construction stocks such as Sungei Way Holdings Bhd and Gamuda Bhd, amid the government's pledge to pump in 2.7 billion Malaysian ringgit (Ssl.2 billion) to immediately revive 36 road
        Bloomberg; AFP  -  449 words
    • WARRANTS & OPTIONS
      • 2592 28 BOMBS, LOANS A WARRANTS m 1996 Last Vol Waak Last Ouot< Avg Htgh Lm Stno Company S«t« Mr- COOO) High Low Buyer Sallar Prtci 2M 3 3160 'Acar ******1USS 4.5 *0.5 102 5 55 45 55 95 5 3164 Acma ******4 8 *2 1503 9 6 7 8 7 3161
        2,592 words
      • 188 28  -  WARRANT WATCH By R Sivanithy THE play for now seems to be still In local small caps, although there are signs that this is starting to falter. One counter that was very much in the limelight early in the week but has since lost its
        188 words
      • 203 28 Or Gr L«t V« *M Last OmM 0*v M* V* Nat M Ca» Mmi U» t«f» Cwnptwy SO* COOP) Hfi L— fciyr t—r Cw W $1 *00 250 5123 COL (2000) HK 400 I I 3«5 &0 23 2.0 20.5 7744.7 5124 C4ttwyPac20cHK_720 245.0 2.1 7.4 6.0 *****.4
        203 words
    • 6201 29 Wtn-k ended Sep 18 I .oao Or Of M Wt Mi-fc f* 1 *SL '-"IOuate Wv Olv VM N.« Cae Am High Ln StNo Company Sat* COOO) M*_ Lew lyytr JMtr C'vr P/l $mi| Price MULTMNMSTRY MS 12 5m i 50 80 326 65
      6,201 words
    • 1162 29 ar ■jr'tt i aJs MANUF ACTIMINO 243 30 2049 AS Auto 10c 68 cd *6 ***** 78 63 67.5 68 15.0* 7.0 2i 6.4 77* 71 J» 5 IfOSJ ASJHMj, 363 57 5. 543 M IT WJ 0.1 U 51 260 85 2001 Asitmdtrli 50c 126 -4 2 126
      1,162 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        398 30 Source: JM Sassoon Veteme Keppel Land 50c 70.752,000 WingTai 25c 44,115,000 Keppel Corp 36.605,000 DBS Land 34,651.000 STEngglOc 33,123,000 008 Foreign 30,850,000 Gokttron 20c 30,680,000 SingTel 15c 30,635,000 Frt Links 20c 29,960,000 Panpac Media 5 27,142,000 Stacks DBS Foreign 99,632,932 SingTel 15c 87,717,366 0<J8 Foreign 74,886,037 0C8C Foreign 65.916.825 SfN
        Source: JM Sassoon  -  398 words
      • 776 30  -  THB WBBK AHBAD No good reasons for stock prices to rise bnt reasons for more weakness lnrk at every corner By R Sivanithy [SINGAPORE] The week began full of hope: that the US would drop interest rates thus putting pressure on the G-7
        776 words
      • Article, Illustration
        82 30  -  -*y Shiv Taneja Keppel Corp closed 13 cents lower at $1.76 on Friday on a volume of 7.49 million shares, compared witti its 10-day traded average of 4.59 million shares. The signals for the short term appear mixed. The daily RSI and Stochastics charts indicate an overbought position,
        82 words
  • Page 19 Advertisements
    • 117 19 £■i>IMJ^V/ilif>K I f> ;r> >T iJZ^^M wSJM- A«iM traw^B ■Sllillßf V v jIII^^H ft. ar k f IT W Bk tjg- C X-. •tflcL. JV I,"'/"SJL >• Get Into the swing of golfing action! Premiere 12 brings you a 3-part series that will shed light on the game. Current golfing
      117 words
    • 29 19 I I VERSACE I Authorised Denier (it.irim Vcr i. iSt> A Mil.in It, 11 y r s<>»fl t>v "n iboyr■ nrin ite< 1 i' rtio'i.'cd i •t s. i
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  • Page 20 Advertisements
    • 621 20 EXECUTIVE .1 /V/> ()/H t! !/(')/ts In ;id\Cl tisr call toll-In t SDO-741 IS,S3 II ASSOCIATE I MERGERS ACQUISITIONS I We are a well-established independent Asian investment banking firm, M with offices throughout the Asian region. Our firm is involved in M&A |H~ advisory and fund raising activities with over
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  • Page 21 Advertisements
    • 302 21 A practical guide to bankruptcy and winding BNHR up procedures in Singapore. It will teach you HEHB the various ways of collecting bad debts and how to seek settlement of debts under the BBjjWH new Bankruptcy Act. Contains full text of the BSHU| new Bankruptcy Act 1995. (5516.80) iHBHR By
      302 words
    • 282 21 K; v Kiv H P 4 ~j h lEyft M I j| B I m 8,, K mßm M la 111 1 K ■■II II m a H ■H gj*™ Introducing Sony's new Digital Handycam, the DCR-PCIE with Carl Zeiss lens. Just the size of a Walkman and yet it
      282 words

  • Page 22 Advertisements
    • 423 22 BURWILL HOLDINGS LIMITED (incorporated in Bermuda with limited liability) ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 30 JUNE 1998 FINANCIAL RESULTS The Directors of Burwill Holdings Limited (the "Company") are pleased to announce the audited consolidated results of the Company and its subsidiaries for the year ended 30 June 1998
      423 words

  • Page 23 Advertisements
    • 157 23 The Straits Times CLASSIFIED Where buyers and sellers meet Sell your old clothes. CATA American Chamber of Commerce and ORACLE* Present Three American Musical Maestros Rico Serbo (Tenor) Richard Dowling Evan Drachman Tenor love songs from (Pianist) (Cellist) Classics, Opera Broadway" 'An evening of Russian t music for Cello Piano"
      157 words


  • Page 25 Advertisements
    • 334 25 IS t> f |K I 1 9BHK ift tamM f 111 iMin i 1 TIT" TT' 'w ■i \KJMttflil^^Hi^^Bi^^^^^Hi^^^^HlHiHliHlH^^H W}„^^V^^^^H|^^^^BH^^MH||^^^^mg^^^^ngiyi§|gSjiglUil|Q^^^H hII^ I y pe e time running around I your network than running the network, it s time you looked at Compaq's Deskpro EP range. Its unique "Intelligent Manageability" PC
      334 words



  • Page 28 Advertisements
    • 111 28 i f investing '98 v A BT special supplement A f '-v NVI S -,r FREE with your copy of The Business Times on Sept 23 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares. This is all you
      111 words


  • Page 30 Advertisements
    • 977 30 I BUSINESS^ MM MATTO Of THE COM RANKS ACT, CAP. SO COMPAMES ACT. CAft BO and MATTER Of (MTUi —attci nc I «|h 1 MAI I Bn LAMPSON rn UU t IMfl ITHmBT I HCMi FT* LTD Ifa ■I. m 1 I L L Mu L u r,t u tmcorporrtao
      977 words
    • 118 30 l f ""i W" 'm'llf' IiMUI OHWIWWMWIiWWI 11. '1 n ilC.HiimaTlUl v IK V'*' I Hie spectrum of our services include: Offshore companies BVI Bahamas Cayman West Samoa Corporate secretary Lexico Corporate Services Pte Ltd 6 Raffles Boulevard *02-307 Marina Square 5(*****4) P.T. Bank Ekspor Impor Indonesia (Peraero) (Acting by
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    • 136 30 IN THE MATTER Of THf COMPANIES ACT (CAP. SO) AMD IN THE MATTE* Of CJN TAJ DISTRIBUTION PTE LTD (In Members' Voluntary Liquidation) NOTICE Of RNAIMEETINC NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act. Cap. SO, Bw Final Meeting of the members of •te fbpvwvjrned
      136 words
    • 112 30 Make The Straits Times Classified your first pit stop when shopping for your car or motorbike. i and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach 4 in enhancing your company profile to your business associates and customers. It may be
      112 words

  • SHIPPING TIMES
    • 259 31 Contributed by Simpson Spence Young NOW that the holidays are over there is more activity, but not always resulting in business. Following last week's rumours it has been confirmed that the capesize bulkers Merchant Paramount/Merchant Prestige (160,000/95) have been sold to clients of Carras Hellas at around US$29/US$3O
      Contributed by Simpson Spence & Young  -  259 words
    • 267 31 ss 1* C WT Oitrtbutton 04 0.003 1300 ChuanHup 0.33 -0.01 ssao Cmco tnvwtmsnt 0.405 unch rrMMLMM 0.16 -0.005 1456 MHMMngs 0.22 -0.01 2000 H* Son Hup 0405 uncti 3120 MUCMZMW 0.505 -0.005 3100 MCHpMnqt 1_5.6 unch JayaHaMnqa 0.4 -0.005 2500 Jurana Shipyard.™ 6.00 -04 1160 KappalCarp 1.76
      267 words
    • 435 31  -  Mistakes are being made in the effort to keep np with changes in legislation: Martech'9B speaker By\ Marcus Hand [SINGAPORE] Regulation of the shipping industry has reached "saturation point" placing an unnecessary burden on ships' officers, a senior executive of Neptune
      435 words
    • 37 31 [COLOMBO] The German container ship Leerort sits partly submerged in Colombo port yesterday after another ship, seen in the background, rammed her. Loading and unloading operations at the container terminal remained suspended. AFP
      AFP  -  37 words
    • 786 31  -  IJEER SCENE By David Hughes IT was not the happiest of weeks for Singapore's national carrier Neptune Orient Lines (NOL). Shortly after group deputy president and deputy chief executive officer, Lim How Teck, conceded that the company would
      786 words
    • 436 31  -  ffyi George Joseph [SINGAPORE] The Oslobased International Association of Independent Tanker Owners (Intertanko) said it had a fruitful round of discussions with the Maritime and Port Authority of Singapore (MPA) on promoting safety of vessels using the Singapore Strait. Intertanko managing director Dagflnn Lunde said
      436 words
    • SHIPPING NEWS
      • 428 32  -  Uncompetitive line being sold to Egon Oldendorff Reports from David Hughes in Ixnulon MAJOR Norwegian shipowner Leif Hoegh Co (LHC) has decided to withdraw from North America-Asia parcel liner services because its Hoegh Lines operation is too small to compete effectively. In an unusually extended
        428 words
      • 185 32 DRY bulk freight rates may have recovered slightly in recent weeks but Londoh shipbroker Howard Houlder, in its latest monthly report, warns of more bad news to come for owners of bulk carriers. Noting a drop of nearly 10 per cent, to
        185 words
      • 162 32 RUSSIA'S Far Eastern Shipping Company (Fesco) and CP Ships subsidiary Contship Containerlines have agreed on a vessel-sharing pact for services between North America and Australia, New Zealand and the South Pacific islands. The deal, to come into ef- fect in November subject
        162 words
      • PORT Shots
        • 86 32 CLASSIFICATION society mergers may take place but are likely to be five to 10 years in the future, said ABS Group of companies chairman Frank larossi. He denied a press report that he saw "a spate of mergers" in the sector. Mr larossi also denied
          86 words
        • 78 32 TWO major Asian carriers, Japan's K Line and Taiwan-based Yang Ming, are upgrading their joint Asia-Europe Service (AES) from this November subject to regulatory approval. K Line will operate eight 3,500 TEU vessels in the Japan-Asia-Europe service and plans a new call in Egypt,
          78 words
        • 88 32 ORIENT Overseas Container Line (OOCL) has confirmed it will lease two 5,500 TEU container ships being built for another company by Samsung Heavy Industries of South Korea. This is in addition to two 5,500 TEU vessels recently ordered from Taiwan's China Shipbuilding Corporation. The ships
          88 words
        • 117 32 CHINA'S Shougang Concord International Enterprises avoided reporting a first-half net loss following a U555.42 million (559.32 million) exceptional gain on the sale of three ships. Earnings were down to USUSSI.42 million, a 55 per cent drop on the previous year. Operating figures dropped from a
          117 words
        • 65 32 UK classification society Lloyd's Register (LR) has launched new software, LR Mariner, aimed at helping shipowners and managers to evaluate risks in operations. LR says the new program will enable companies to demonstrate an enhanced commitment to safety management and the ISM Code. The interactive, paperless
          65 words
        • 74 32 Yantian International Container Terminals (YICT) began using part of its Phase II container yard this month. About 80,000 sq m are available this month and another 100,000 sq m will be available by the end of the year. YICT now has 21 weekly services including eight
          74 words
    • 316 32 PAGE EIS 12 ami 3 ESP Lines M Accord 8 6 Ahrenkiel 12 ExpressU 13 Appenstap 5 8 Astro 3 FroU 13 Austral 6 Frt Unks M A»ant 14 6 1,1,1 4 BtangMas 8 <*»«*■« 8SA 7 Genshpg 7 BTL 16 Glory Nev M Bangladesh 13 Mmndo
      316 words
    • 16081 39 thebusinesstimes THEBUSINESSTIMES EXPORT i «6c w i ii i mi i iii 11 i ETA ETA Advertiser VkmI Voyage Telephone I ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Nam# Number Number I sin Oest'n Name Nam* Number Number IMMMMMMMINMMMBIMMSiNMtjiWMNMMMMMNMMNMMMMMMmaMI I inaWIVMMMHnHHHMMHMNMnMHIHMMMMi I 25/09 10/10 Speed* HARMONY
      16,081 words
    • SHIPS IN PORT
      • 607 45 v<ss Voy No Berth Arrival Departure Juraog Pert Adhidaya 17 J12 alongside 20.09/1530 Annemteke 9802 J17 alonqside 20.09/0600 H *»9 Man 805N J08 aionqside 21.09/1800 H<W I ***** JO alongside 20.09/0700 '<>« A"cm V086) J15 alongside 22.09/0700 Long An 03/98 JOS alongside 21.09/1800 M*gah Satu 14/98 J15 alongside
        607 words
      • 1619 45 RECEIVING OF EXPORT FCL CONTAINERS AMD WL CARGO Booklnq/Batance Rstls Ship Voy No Etb/Btr Period From To From Aci Mmm 0168 22/1800 M 20/1500 20/1659 20/1*0 20/1500 20/1659 20/1900 20/1700 21/0659 21/0900 2» 20/1700 21/0659 21/0900 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 345 22/0100 M 20/1500
        1,619 words
      • 195 45 Sep 23 Japan: Autumnal Equinox Day. Sep 24 South Africa: Heritage Day Sep 28 Hong Kong: Chung Yeung Festi val. Taiwan: Teacher's Day. Oct 1 China: National Day. Hong Kong: National Day. Oct 2 China: National Day Holiday. Hong Kong: National Day Holiday. Oct 3 Germany: Day of
        195 words
      • 643 45 THIS report, compiled by Cockett Marine OU Ltd shows price ranges in US dollars instead of single price* for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indicated The Cockett Bun ker Price Index change and
        643 words
      • 340 45 Cm to 992.0 2.1 n.9 0.16 342 0.07 10 Dtnsity Wrtor tnttw Art UmMm Stdtwat No «6om £25 1 4 12 3 3 o %H/H 380 AM 987.7 0.2 15.4 0.07 31 0.03 ■owi J™» 380 M*x 991.9 0.9 19.4 0.11 67 0.11 »MAI WW —a**
        340 words
    • AIR & LAND TRANSPORT NEWS
      • 388 46 Partners include Cathay, Qantas, BA and American Airlines: report AFP [LONDON] British Airways and American Airlines are to join forces with nine other airlines, including Cathay Pacific of Hongkong and Qantas of Australia, the Sunday Telegraph reported. BA and AA, who are
        AFP  -  388 words
      • 259 46 Reuters [BANGKOK] New Thai carrier Angel Airline Co officially started services yesterday with its first domestic flight from Bangkok to the southern resort island of Phuket. It begins operations at a time when most Asian airlines are struggling to stem losses as a result of
        Reuters  -  259 words
      • 53 46 [TOKYO] Passengers board the Skymark Airlines' inaugural flight heading for Fukuoka at the Tokyo International airport on Saturday. Skymark Airlines, the first new airline to enter Japan's domestic market in 35 years, started its flight between Tokyo and Fukuoka charging almost half the price compared to
        AFP  -  53 words
      • 324 46 AFP [COLOMBO] A private airline suspended flights to Sri Lanka's embattled northern Jaffna town following a threat of attack by Tamil Tiger militants, the military said. Military spokesman Brigadier Sunil Tennekoon said Monara Airlines suspended flights to Jaffna after it
        AFP  -  324 words
      • 225 46 Bloomberg [STOCKHOLM] Scandinavian Airlines System, Europe's sixth-largest airline, said it sold 21 airplanes generating a one-time gain of 500 million Swedish kronor (Ssl 10 million) and said it plans to lease the planes back ahead of the delivery of new planes. SAS
        Bloomberg  -  225 words
      • 312 46 Bloomberg [BRUSSELS] The European Commission's restrictions on transatlantic airline alliances could favour US airlines and raise the fares of alliance partners 8 to 10 per cent, the Association of European Airlines said. Prices to passengers can be as much as 50 per
        Bloomberg  -  312 words
      • 268 46 Boost for Airbus, Boeing and Bombardier Bloomberg [TOULOUSE, France] Deutsche Lufthansa AG said it is buying 42 aircraft for US$2.3 billion (553.9 billion), a boon for Airbus Industrie, Boeing Co and Bombardier Inc as Asian recessions force carriers to delay purchases. Lufthansa ordered 16
        Bloomberg  -  268 words
      • 298 46 Reuters [HONGKONG] Cathay Pacific Airways Ltd said its expected passenger load factors were higher for September and October against the same 1997 period but this fttji not compensate for lower yields. "Yields are down such that even though load factors were up
        Reuters  -  298 words
      • 1665 46 CITY fUCHT ETA fllCHT ETD M«laM* BA7381 1930 M7382 2055 fwUliHK C2353 2045 Ofw »30 Of>* 2055 Honol VN741 1310 VN742 0905 kmifrfm KL843 0450 KL838 2300 S0I75 IMC $0176 T105 *1837 1455 VW740 MIQ Auckland N***** 2050 N***** 2045 IMY TG407 1540 TG408 1635 S0286
        1,665 words
  • Page 31 Advertisements
    • 14 31 Hoegh leaves N America-Asia service Uncompetitive line being sold to Egon Oldendorff. Page 2
      14 words
    • 170 31 New major airline grouping to be unveiled today Partners include Cathay, Qantas, BA and American Airlines: report. Back Page .J. k >4 Mtj-Xn < II Shipping times SPECIAL FEATURE WEDNESDAY, 14 OCTOBER '98 fa; mm ■MiBflKQ 'si The total marketing solution for Asia's logistics industry The first complete exhibition in
      170 words

  • Page 32 Advertisements
    • 838 32 2 NORTH AMERICA I EXPORT 1 1 OTHER DESTINATIONS I SSX- SUPER SHUTTLE EXPRESS -DIRECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE! wr etasw nosw ua DAt mod ok MUCPorr ynsa I vot I«i I nqutoml *mnu I n SEES* ss s« z\ K k/ ,5/,# M/,t w/
      838 words
    • 93 32 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN POUTS Hong Kami A AH China Potf ievehy thuh a «uw vimili VISSIL VQY ETD SIN ETA TYO ETA KOI ETA YOU ETA HGO ETA OSA NOL
      93 words
    • 640 32 /C-"oX Lmes services represented w (S*©*!) Members o» the Registry of rWRfI SraJmF***! Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SERVICE) MV "ARKTIS PRINCESS" V.9801 ETA SIN 25/09/98 BOOKINGS CALL JUUA/MONICA TEL 323 4374 CONTAINERS/CONVENTIONAL CARGO FROM PORT KLANG/SINGAPORE J.\KARTA ETAPKL ETA
      640 words

  • Page 33 Advertisements
    • 1053 33 TO EUROPE FROM EUROPE VESSEL VOT SIW RTM Utt HAM WV SOU FXT liH VlSSfl vqt RTM ANR HAW HV SOU FIT ta SIN NOt CYPOINE 007W 21/09 M/ 10 10/10 1 J/10 07/10 NYGBBUI 3131 17/01 29/00 01/09 2*/(M 19/09 HYIAJtON 315W 14/09 17/10 14/10 15/10 H/10 NOIKIS 0041
      1,053 words
    • 1937 33 HANJIN SHIPPING HAIUIN SHIPPING PTI LTD Imp /fmm. In*, cm MOUNG 37M735-737 SAIB *****24 231 OOOiMEHT 32W271 274 OfOATKMS 32*0241 252 MAW LINE *****55 FAX *****40 aNO **********0 M I TO NW USA CANADA USA CANADA* K* VSt/VOT I OAM ISM LM HAW/VOT 5U HW DCN POX 51 MSP HT
      1,937 words
    • 486 33 9 UUY CO NTAINIIIIID PIPICAfP IBIVICBI m msw pig vor sw vgs&_J fflL M rasa w Pjn_ MOWMNA lIS 20/D0 tt/VI lIN 2VOQ 27/00 20/00 01/10 02/10 -ft- j§r Hfe™ ffi IffiS IMTCUtSAN JMJS_ 2S/W 02/10 04/10 04/10 07/10 iS%~ ~57T0 TiyTT KMTC PUUX lit S7TO' ■KlggK OOPS 27/00 20/D0
      486 words

  • Page 34 Advertisements
    • 1274 34 DSR-SENATOR LINES TO UK/CONTINENT TO RED BEA/MEDITERRANEAN/CANAPA ytVStl WV SM LEH HTM AIM HAM WV FIX VESSEL ypY SM JED MT SPE FOS WJ MTW NMUMPOHTIAM) MMKM 22M M.II 11 It 1211 14.11 It It 11.11 UMOONWUTOfI MMM 2 24 M Nil 1111 *****511 1711 24 11 HMUNMUM WQS42 2S.M
      1,274 words
    • 921 34 Carrier: MN CONTR LINES, INC p. ouoamq: <ot) want Lj\y VIJ SW):«ie4)Jl«i™ MAMLA: (632) *****34 KAOHSIUNG HO CHI MINN MV "KOTA BERANI" V.8RN079 My G|ANG VA1398 ETA SIN: 26/09/98 ETA SIN: 25/09/98 HAIPHONG CANADA MV "VAN XUAN" V.E5218 MV "HANJIN KOBE" V.074E ETA SIN: 26/09/98 ETA SIN: 27/09/98 HONGKONG/KEELUNG HAM/BTM/FXT
      921 words
    • 534 34 LINE m> ittmd wb I»MIH 1 MUARA j LABUAN vissa vor nD ra vksh vor m fta snumm skm m CMAKAJM-32V12E/W 23/09 20/09 CIUUM-K VI2I/90 23/09 27/09 STMirSHOK V27E/9024/09 )0/09 STtAfTSHOP! V 271/90 20/09 30/09 OMUMJW-32 VI3I/5 0./io S/iJ SIMITSHOK V2K/90 05/10 09/10 STIAITS HOPI V2K/90 05/10 09/10 I K.
      534 words

  • Page 35 Advertisements
    • 1273 35 1 VESSEL VOY SIN POU PKO PEW PQB DUB 3HJ BA BIK IRAN MATIN PJL 1308 10/00 27/09 28/00 28/00 20/00 IRAN VAHDAT PJL 1317 08/10 18/10 PQB* Mina Qaboos. DUB Dubai. SHJ > Sharjah, BA Bandar Abbas. BIK Bandar Imam Khomeini ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLANO POINTS IN IRAN
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    • 1764 35 TO ISRAEL 1 IN 13 DAYS EVERY THBRSPAY I SINGAPORE'S GENERAI AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICEI COSTAR SHIPPING PTE LTD #17-06 D6S6IDG SALES/KRGS *****41/43 INWARD DIPT (0/0) *****65 COSTAR AGENCIES (M) SDN BHD TOWtITWO (*****9) CONVENTIONAI *****50/55 T/SHPMT PEPT *****25 TEL
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    • 682 35 r«; EASTERN CAR LINER, LTD/ Tt'slST" js 1 la (smoAPQitEi ph lip JSESt SPECIALIZE IN ROWO HEAVY LIFT UPTQ 122 TONS 1 ECI (SINGAPORE) PTE UD LOADING FOR PORT KLANG/BANGKOK/LAEM CHABANG JAKARTA MV "GOLD INDUS" V.2 V 30 ETA SIN 20/09/98 ETA PKL 21/09/98 VKIBNI ULT V.JO ETA BKK 26/09/98
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  • Page 36 Advertisements
    • 931 36 I EUROPEAiK/SCANDtNAVIA/FtNLAND/RUSSIA I c r,.,„Tv SOP ROM ANW NM THP ZEE LHV I IHV THP ROM ANW MBG PKL SGP I i n«S2J! 27M 11/11 17/1 M 21/10 21/11 lE. RIGHT RE-OS 27/08 29/01 21*1 31*1 01/W 24/01 25/09 I i 23/10 21/18 2VII 21/11 27/10 20/10 lE. REWARD RE-030
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    • 849 36 f PACIFIC INTERNATIONAL LINES (PTE) LTD I f|n 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO: **********0 I l wa WT I »UWG* TttATAI 3 3i3 20/9 I 21/9 jnQ dSh ,1%, I .iA. I :mmv:rjir L ih6 *7.A Mil I UMAWBTMUA 343 fi/9p7/9 7/ii nTTa ff4}® I
      849 words
    • 485 36 Im NANTAI LINE I FUUY CONTAINERISED SERVICE TO I MAURITIUS SOUTH AFRICA IvESSEI I VOT I SIM I PU) I DUI |JW I (FT I |q- iumw vatus v.(ots 23/w 02/10 04/10 q»/io 11/10 u/10 j 601DB1 wucow" tooTs m 01/10 12/iq Is/io" W 1 1HAWSA CASTHIA HQQ2S 04/10 IS/10
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  • Page 37 Advertisements
    • 455 37 M MYANMA FIVE STAR LINE (Myonmar National Lint) Loading for Yaigoa (Rangoon) vtssa vor sin pki rn nu MAWIAMYINE SOW 23/9 MALAYSIA AGENTS: MXKTIAD SHIPPING AGCNOES KIR: TU (03)*****00 PU: TEL (03)*****01 PEN: m (04) *****02 PGU: TEL (07) *****21/4 BANK LINE (A t«rvlc* oi Aiidrtw W«ir Shipping) I NORTHBOUND
      455 words
    • 1272 37 HMMii I HYUNDAI MERCHANT MARINE CO., LTD. KTW I ANT HAM BRV I FH 1 IVESSE VOY I SOU I 1B« I CTR I AWT I HAM» I tV I EB. I AH I API ALMANOME 304W 17/09 05/10 10/10 07/1 C 00/10 Ml AMAZOMTE 0171 24/00 29/00 24/00 27/00
      1,272 words
    • 1054 37 nooiagon specialized aukxarrmrs (T)©§(°]@ Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVICE" IVfSSfI VOY RAMP HEIGHT SIN UX CRI MIA SAV lAI OCf NYC NEW MOI TAMPERE FBI 9 400 km 6.3* ISjW 23/10 OT7TI OW 04/11 WiTwTTT 10/11 15/11 14/11 TEXAS FO2O 400 Tom 6.3* 11/10 00/11
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  • Page 38 Advertisements
    • 876 38 ■ANQKOK/MAP TA PHUT/Um CHABANO J AK AWT A/PAN JA HO VESSEL VOY ~STN BKK MTP LCH VESSEL VOY SIN JKT PJN XETHA BHUM 2SIN 22/09 28/09 25/09 ACX RUBY# 31S In Pt 24/09 CHANA BHUM" 36N 22/09 25/09 VIRA BHUM 229S In Pt 28/09 24/09 SINO OCEAN OCNIIS 23/09 28/09
      876 words
    • 624 38 1 cosco COSCO FULL CONTAINER SERVICE fFCL/FCLI EXPORT TO: CHINA/HONG KONO EUROPE/CONTINENTAL EAST A WEST MEDITERRANEAN AUSTRALIA AMERICA USVM3T/EAST COAST PERSIAN GULF/KARACHI Please refer above mentioned services to China Ocean Shipoina Co. Advertisement in Pajje 5. CHINA/S.E.A. FULL CONTAINER gMg VESSE VOY PIN PKI SGP HR6 QM NK FWNE Oi
      624 words
    • 984 38 liiSiiSiHH JED MLA LEH HAM THP RTM ZEE I 555® °g™ iyiq._, wio 14/10 Tvio iyio~ I VXE DE D'OOION Y27W 07/10 12/10 18/10 19/10 21/10 2VIO 22/10 I VILLE DE MIMOSA V2BW 06/10 14/10 19/10 2tflo SrtO wm 1n I vile pe tahya l&j -a- nw 3m 5™ SSSI
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    • 22 38 CONVENTIONAL SERVICE LOADING FOR COLOMBO ONLY Accepting heavy lift llpto 45 tons ETA 28.09.98 FCL/LCL WEEKLY SAOJNGTO BANGKOK/HO CHI MMH/HONG KONGMEBJUNOCALO/TTIV KARACHVJAPAa*XJRBAHI*ADRAS/BBY<COLOMBO
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  • Page 39 Advertisements
    • 51 39 STEITS Dial 740-6000 on demand! —(Retrieve more schedules!) Press "1" r ff iji\ Select the port and key in 51 Jl the four digit code eg: To New York (NYC) 2275 s l3i) Key in your fax number your phone number Another innovative service offered by The document Wlll be
      51 words


  • Page 41 Advertisements
    • 153 41 r FREE Rpddcr Enquiry Sprvicp §»< cut out and Fax to :65~*****29 hci iIIUU VINI I li I v 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: ADVERTISER:PRODUCTS/SERVICES Saw an
      153 words

  • Page 42 Advertisements
    • 1015 42 sam UDERA shipping line ltd 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT JESSICA/CELIA/MEI CHAN 7 SLGS/WEEK 2 SLG/WEEK VESSEL TVOY SIN TJAK |VESS£L |VOY SM |PIB MAERSK JAKARTA 9842 22/09 (TUE) 24/09 (THU) LAWANTI
      1,015 words
    • 629 42 \*mm ENGLEE SNIPPING CO PTE LIE I *****75 Umi) tan 5330«31/533**4( I C» N«. H«?*****00< I VESSEL VOY SIN ETA SIN ITD DESTINATION IDwiJcyo 15/98 17/09 19/09 Pwowokj/P flau/Buofo* Sinai Central 14/98 IN PORT 18/09 Pwmwng/Buotnr/PBoiu Morco Polo 8 8M5077 19/09 20/09 Booton Morco Polo 26 16/98 20/09 21/09 Kuolo
      629 words
    • 437 42 ■I SIN FAR EAST 27/09 KEELUNG/KAOHSIUNG 27/09 BANGKOK 27/09 MANILA/CEBU 27/09 JAKARTA/BELAWAN/SURABAYA 27/09 PORT KELANG/PENANG/E. MALAYSIA 29/09 BUSAN 27/09 TOKYO/YOKO/KOBE/NGO/OSA 27/09 HONG KONG SIN CHINA (+GB#±»«n) 1 27/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU OALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 27/09 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 27/09 LOS ANGELES/NEW YORK
      437 words
    • 545 42 SingaporeSovtetShippingCPl" k a No lOOSOtKKXXM Multiline Shipping PI w33) (*Wy^WS«fc H A» r a No **********0 C VESSEL VOY SIN BOM PNG PKL KOTA RATU RTUO2I 26/09 03/10 IS/10 BUXMOON 118N 05/10 12/10 23/10 24/10 KOTA WUKUN RKNOIS 11/10 22/10 28/10 30/10 VESSEL VOY SIX CALCUTTA MB M REGINA RGAO67
      545 words

  • Page 43 Advertisements
    • 680 43 MCC TRANSPORT APM SAIGON SHIPPING Ilvesa I YorTragqifT wo hmwml [wsa wr rasrai ro«na<w6| mmoh 01$ a/M(nn is/m pit «mo v/vtcm 5 OPT** 9*40 H/nm M/« 01/10 I NOMA «4I 04/10(SUN) OS/10 */10 *0» a/OJOJ TO MDMA M4O 27/Of(SUN) 01/10 04/10 HUM H4J 11/10(910 IJ/U JStSf"!? iS?. Kfl! AMMOtt 010
      680 words
    • 1707 43 two. I S3» I jg« I gl, I fff, ~j—ifia—l |««ACTI« IMI IBM ItW IB liw [gSßgßfll moot tiwut 01.10 iii, irio Jo o mm <iius nm mm ii» km an ux nm «.1, Srll PONI SOUTHAMPTON 03WM0 011 C 24.10 24.10 27J0 3UO 03EAM #549 #749 0109 1 2.09
      1,707 words

  • Page 44 Advertisements
    • 854 44 I VESSEL VOY SIN MAA SIN TIGER BRIDGE 649N 26-27/09 02-07/10 12-13/10 TIGER BAY 650N 28-3009 04-11/10 15-16/10 TIGER ISLAND 651N 03-04/10 08-15/10 19-20/10 TIGER PEARL 652N 07-07/10 12-19/10 24-25/10 TIGER BRIDGE 653N 12-13/10 18-23/10 28-29/10 TIGER BAY 654N 15-16/10 20-27/10 31-01/11 I VESSEL VOY SIN CAL SIN TIGER OCEAN
      854 words
    • 690 44 111 A FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesinGsingnet.com.sg DIRECT SERVICE MEXICO (MEXICO CITY) All major ports in Mexico PERU (CALLAO) Lima/La Guaira/ Buenaventura/ Guayaquil/ Valparasio/ La Paz I PANAMA (COLON) Costa Rica/ El Salvador/ Guatemala/ Hondoras/ Nicarahua Oyr—o» OWicti Hongkong *****113 flmteaskionlina.net Port K elan
      690 words
    • 1212 44 lOOCL (Sinqoporel Pi» lirl m faS n^TT"M—■— —l 79 Amoo Rood #21-04 (S) *****6 *513 #01-128 r aNO **********0H fct 272 7827 F bookkt 9 GfrJ agsaaaL-.^M (Malaysia) Sdn Bhd (fag N* *****2HJ) PfTAUNGJAYA M: 03-756 7776 Fox: 03-754 6657 1 T PBUNG U 04-*****45/1 fox: 04-*****43 *****80 J I
      1,212 words

  • Page 45 Miscellaneous
    • 105 45 LEGEND: R Thunderstorm Temperature A. RotrT" w Parher Wind direction with speed m knots Cloudy Sky t Wave height wmds ore mdicoled by arrows which Hy »,th the wind W n f{J circle represents colm or kght and l~ On. M rw ,0 kno„ on. «*,tL 'Z w^— o.- os_,.
      105 words

  • Page 46 Advertisements
    • 257 46 BANGLADESH SHIPPING CORPORATION 1. Sealed quotations on as is where is" basis are invited for sale of the Cargo Vessel M.V. "BANGLAR URMI" (built 1984/ Spain, DWT *****MT) and its sister vessel M.V. 'BANGLAR SHOBH/T Both the vessels are now trading in international routes. 2. The quotation should be dropped
      257 words