The Business Times, 28 September 1998

Total Pages: 48
1 48 The Business Times
  • 13 1 85c MITA(P) IHVI2/97 THE BUSINESS TIMES SINGAPORE MONDAY, SEPTEMBER 28, 1998 Internet: http://business-times.asial.com.sg/
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  • 49 1 STOCK MABXET DQHGBS *ek Chuff ST! Jtxn. —+11.18 SIMSC1 FTJTURES....138J0.—+U» BTSRL mi 4-lkTf KLSE OOMP ***** ,4M nikkei nnui-_-m» HANG SENG 7,7«Ui _.+»6.6& SET INDEX. 24&A JAKARTA COUP.—ZlkXt +Uft MANILA C0MF_.141i.44 +40.86 taipei wpi SEOUL OOMP MM—+UV CLSA CHINA R M1.14. +2X.C7 AUST ALLOW).:—XS0.4I.....+215# dow jones —amv.+mn
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  • 60 1 FDBBBtHB US* St 081 *7» SOBVKpr f) LJM *J07 mZZZZL-lM MM BAHT MH-.—MM RUP1AH IMS—«»ir *8>tolWuits *S»to til nits PUDS BATES SINGAPORE* 7.71 KUALA LUMPUR \IM JAKARIA 28.00 BAMOBQK. 1471 MANILA- Sit HONOHONG 11* TA1PH-. JM 8YDNBY Ml TOKK).' i 1m SBOUL 14J6 ZURICH** 326 FiAjranarr** ue LONDON .7*
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  • 599 1  -  But analysts expect mated market reaction as prevision within expectations By, Ang Wan May [SINGAPORE] Wing Tai Holdings announced over the weekend a set of figures which portrayed vividly how the property pendulum has swung a net loss of $138 million
    599 words
  • 335 1 Bloomberg [BONN] Veteran German Chancellor Helmut Kohl conceded defeat yesterday after computer projections showed Social Democrat (SPD) challenger Gerhard Schroeder had clearly beaten him in the general election. "The SPD has won," he told disappointed followers at his Christian Democratic Union (CDU)
    Bloomberg; AFP  -  335 words
  • 797 1  -  From Andrew Marks in New York IT looks like it's not a question of if, but by how much the Federal Reserve Board will decide to cut interest rates when it meets tomorrow. A poll taken on Thursday
    797 words
  • 654 1  -  DPM taking this message to Japanese govt, businesses By) Ronnie Lim [SINGAPORE] Amid the regional storm, Singapore can provide Japanese investors with a stable, competitive base to grow their operations so that they will be stronger when the upturn comes. This is
    654 words
  • 127 1 Reuters TTOKYO] Japan Leasing Corp yesterday filed for bankruptcy in the country's biggest financial failure involving 2.2 trillion yen (5527.7 billion) in debt since World War D, authoritative sources said. Japan Leasing Corporation was one of three nonbank affiliates of troubled Long-Term Credit Bank
    Reuters  -  127 words
  • Page 1 Advertisements
    • 177 1 übibh r P w»4wei*ip's autorfctaiaed The master of a Singapore-flagged bulk carrier has been detained by Dutch authorities allegedly fbr dumping hundreds of bags of hazardous ftimigant overboard, gK *n A *ff ItaaaPVl r A paariae far the sea Anthony Tan Yeow Seong's debut art exhibition combines the two great
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    • 16 1 More reports The Meriwether effect, Pg 3 Watchdogs plan to tighten hedge fund lending, Pg 25
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    • 86 1 The Mauboussin "Grand Prix' watch. 18K white gold with diamonds, mother of pearl and onyx. MAUBOUSSIN since 1827 EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH #01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel: (65) 734 3139 (65) 734 1935 DELUXE EASTERN WATCH #01-18/20 Onirepoint 176 Orchard Road Singapore *****3.
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  • SINGAPORE AT HOME & ABROAD
    • 417 2  -  Group also aims to doable turnover to USs4oom: president Reports by, Jenny Lam AEA International, the world's largest medical emergency assistance group based in Singapore, is considering floating its business on Nas- daq in New York and a secondary listing in Singapore
      SIEW YAW HOONG  -  417 words
    • 253 2 SINGAPORE-BASED AEA International has been appointed by the US government to manage the healthcare needs for its military personnel and their families in 15 countries in the AsiaPacific region. This is the first time the US government has regionalised the healthcare needs of its
      253 words
    • 244 2  -  EYE ON THE ECONOMY Trade By Andrey Tan SINGAPORE'S imports of non-oil intermediate goods fell for the sixth consecutive month in August by a whopping 26 per cent, figures from the Trade Development Board (TDB) show. The continuing slump indicates that manufacturing output is likely
      Source: IDG  -  244 words
    • 441 2 The Straits Times NTUC Fair Price may cut the prices of more items in its supermarkets, adding to the 33 items for which prices were reduced last month. The price cuts on the original items, such as rice and
      The Straits Times  -  441 words
    • 661 2 In Spore's nation building, the family is working nnit The Straits Times THERE is no single value system which encompasses all Asian societies, but there are common principles, such as family responsibilities and kinship. While these may even be universal, they have
      The Straits Times  -  661 words
  • Page 2 Advertisements
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    • 25 2 HONE I SWEET I JHOWE I rl I j I OperTthe pages of The Straits Classified to find your dream home. I fa I CATA
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  • ASIA'S ECONOMIC SLUMP
    • 803 3  -  CRISIS WATCH LTCM alarm signals meltdown still possible By Vikram Khanna NO prizes for guessing that John Meriwether was the financial world's personality of last week. In case you missed the details, he was, until his fall from grace, Wall Street'# most revered
      803 words
    • 65 3 [HONGKONG] A man waiting for a tram on a platform adorned with large printed advertisements yesterday in Hongkong. As billings fall between lOandlSpercent, Hongkong's hard-hit advertisers are resorting to lower cost methods such as leaflets to get their message to the public. For Hongkong's growing army dfunemployed,
      AFP  -  65 words
    • 171 3 Bridge News [JAKARTA] The Indonesian government will acquire stakes in about 120 companies in Salim group and the Gajah Tunggal group, in exchange for the government's 78 trillion rupiah (5512.2 billion) worth of special loans to banks which belong to the two
      Bridge News  -  171 words
    • 155 3 Reuters [BEIJING] Swedish-Swiss engineering giant ABB is still confident about Asia despite the economic crisis, although recovery could take longer than initially expected, its president Goran Lindahl said yesterday. Mr Lindahl declined to offer any forecasts for the company's performance this year. But
      Reuters  -  155 words
    • 454 3 Much of mammoth Dec sale will include property loans Reuters [BANGKOK] When Thailand set out at the end of last year to dispose of billions of dollars in assets seized from its defunct finance companies, the prospects looked bleak. The economy
      Reuters  -  454 words
    • 222 3 Bask says it will consider USs7oom loan application Bernama (JELI, Kelantan] Malaysia appreciates the World Bank's assurance that it will consider the country's loan apptic* tion for US$7OO million (Ss£2 billion) to counter the effect of financial crisis, said Second Finance Minister Nuiipfr pa Mohamed
      Bernama  -  222 words
  • Page 3 Advertisements
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  • Page 5 Advertisements
    • 156 5 Now meet the proud Ufellfciiria Wu M mm Hk.. 'llM' I k S 1 v« v I v "-f9w i .rr r irl* .w 1 .>*». y%.y««... dl tt •#V^ .I* -stF® >-? I I j ii M "n r i I H .i• I: 'f- i 1 j i
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  • REGION
    • 447 6 GOMBAK, near Kuala Lumpur Gathering marks launch of coalition of r political, religions, human rights groups AFP 0 THOUSANDS of Malaysians, mostly Muslims, defied a ban < on public gatherings yesterday to attend a meeting call- ing for political reform,
      AFP  -  447 words
    • 554 6 JAKARTA AFP *< A RETIRED Malaysian politiJ cian yesterday slammed the Indonesian press for championing jailed former deputy premier Anwar Ibrahim and i said Indonesia could take him "as homosexuality is allowed here". y "if you think Anwar Ibrahim is so important, you
      AFP  -  554 words
    • 380 6 TAIPEI Taipei firms will lose opportunity because of slowdown, he says Reuters THE leader of Taiwan's top private industrial group, the Formosa Plastics Group, expressed impatience with Taipei's go-slow stance on investing in China even as Formosa gets set to end government
      Reuters; REUTERS  -  380 words
    • 478 6 BEIJING Washington warns Bering its record surplus 'politically unsustainable' Reuters THE political glow from two China-US summits is fading, and dark clouds are gathering as Beijing's trade surplus swells to record levels. US Undersecretary of Commerce David Aaron last week bluntly warned
      Reuters  -  478 words
    • 58 6 [SHANGHAI] A migrant worker from China's Anhui province inspecting the water seal of a 100 yuan (5520.50) note yesterday in front of Shanghai's Jinmao Building, the country's tallest building. With a monthly salary of7ooyuan, the cleaner is only too pleased to receive a 200 yuan bonus
      AFP  -  58 words
    • 341 6 HONGKONG Reuters LAST week's public backlash against pay-cut demands by major Hongkong employers points up a reluctance to deal with the pain of a necessary economic adjustment, economists and analysts said. Buckling under intense public pressure, Hongkong Telecommunications last Tuesday suspended
      Reuters  -  341 words
    • 284 6 BEIJING AFP CHINA yesterday announced tough new regulations aimed at cracking down on illegal foreign exchange transactions, signalling official alarm at a huge outflow of capital. The rules demand stricter supervision by banks over the sale of foreign exchange. They also
      AFP  -  284 words
    • 236 6 MANILA AFP A SPEEDY resolution of the crisis caused by the closure of Philippine Airlines (PAL) may be President Joseph Estrada's last chance to prove his effectiveness in his crucial first 100 days in office. Although Philippine presidents traditionally enjoy a 100-day
      AFP  -  236 words
    • 484 7 TOKYO Opposition party rejects fresh LDP bid to use public funds to help failed banks AFP JAPAN'S ruling and opposition parties haggled yesterday over delicate details of their broad agreement reached overnight to salvage the ailing banking industry. The main opposition
      AFP  -  484 words
    • 347 7 MELBOURNE Businesses in Victoria expected to suffer heavy losses AFP MILLIONS of Australians were without gas yesterday and car manufacturer Toyota halted production indefinitely after a fire devastated Victoria's main natural gas production plant. Supplies to all homes and businesses in the state
      AFP  -  347 words
    • 59 7 [ANDONG, South Korea] Sri Lankan traditional dancers performing at the Andong International Mask Dance Festival "96 here on Saturday. The yearly festival pays tribute to the thousands of South Koreans who keep the ancient tradition (tf mask dancing alive by endlessly practising the intricate steps. Japan,
      REUTERS  -  59 words
    • 298 7 NEW DELHI AFP THE Indian opposition yesterday celebrated its first victory over the ruling Hindu nationalists after the government decided not to press ahead with the sacking of a state administration. The ruling coalition led by the Bharatiya Janata Party backed down on
      AFP  -  298 words
    • 305 7 SYDNEY Reuters AUSTRALIAN Prime Minister John Howard indicated yesterday he expected to win next Saturday's national election, saying voters were in no mood to dump him. He said that even if voters cut his massive parliamentary majority, he would still have
      Reuters  -  305 words
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  • Page 7 Advertisements
    • 429 7 i r k 1 Wffil m <' mi |i ,w. v j F?"1l I mlm ,w 1 mttm \IP J > KSal!!l:!lL£l*..L3* Jl^, > .y F I If you spend more time running around 7 your network than running the network, it's time you looked at Compaq's Deskpro EP range.
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  • Page 8 Advertisements
    • 261 8 r jmr' fc s* T w.~.jm». m J—» ♦»#..*»?,<>-<*» v>* > flP* Start your next overseas trip with two less Stopovers thanks jjftfc" services. For instance, you can withdraw cash abroad at any Cirrus to Citibank. Just pack your Citicard and you needn't bother going to W ATM with your
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  • THE WORLD
    • 174 9 VIENNA AFP IT will take "some time" before Russia can be given the second tranche of financial aid, International Monetary Fund managing director Michel Camdessus said on Satarday. "The (IMF) mission is coming back to Washington. They have not been able to
      AFP  -  174 words
    • 328 9 US House passes US$80b tax cut bill; veto likely WASHINGTON Bloomberg THE US House of Representatives has passed a Republi-can-backed, five-year, US$BO billion (*****.6 billion) tax cut bill that faces a presidential veto and has little chance of becoming law. The legislation includes relief from the so-called marriage penalty that
      Bloomberg  -  328 words
    • 217 9 NEW YORK AFP THE World Trade Center, the largest office complex in the world, will be privatised under a 99-year lease arrangement, New York State governor George Pataki has announced. The Port Authority of New York and New Jersey, a public agency which
      AFP  -  217 words
    • 500 9 VIENNA Finance chiefs confident bloc will ride out storm despite lower growth Reuters EUROPE'S finance chiefs ended weekend talks confident the 15-strong bloc would ride out the financial storm battering the world economy and broadly united in opposing concerted interest rate cuts to
      Reuters  -  500 words
  • Page 9 Advertisements
    • 88 9 Pasir Qudang DonkMftoai Pwfc Catalunya O Singapore P#ftonn®oc# Motors UinMid. Emi Com* Can** f g 280 Kampong Arang Road T* 346 7227/340 1819 |K. W »4on-fp dam to 6pm C Sat 9an> to Ipm A nm'tt* otlia t S*na Sngapor* Group 7)n UMIRMIS MmMm BMW Kl2OO RS J I in
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  • Page 10 Advertisements
    • 523 10 H> C I D |$0 QOOO W—r V V V ACCREDITATION COUNCIL CEBT. NO. 99/199 a SS ISO 9992 1994 fl Mr Heo r' f^Hr'V also iV V A H9^5M Mr -diT oversees the corporate that W x Hk jj Vjß ground operation* with W j3| I Property Manager m
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  • Page 11 Advertisements
    • 564 11 I ,=r. F r 4 L i f Together we've achieved another first for Suntec City. Iso 9000 certification. Mr Wong Long, !Mr Wong sets pace for the Never he always up new the team to go no one has gone it I|^%» N Manager leads the team oversees the
      564 words

  • BUSINESSIT
    • 620 12  -  It is also looking at expanding R&D and setting np bnild-to-order facility for new PC products with partners By] Raju Chellam [SINGAPORE] Graphics and animation leader Silicon Graphics Inc (SGI) is considering setting up a manufacturing facility in Singapore, and expanding its research and development
      ARTHUR LEE  -  620 words
    • 562 12  -  COMDEX/ASIA 08 Much-needed boost for IT trade show By 1 Toh Han Shih [SINGAPORE) Comdex/Asia '98 last week witnessed strong interest in, and a maturing awareness of, electronic commerce in Singapore. It was a much-needed boost to the IT trade show, whose ecommerce and Y2K
      ARTHUR LEE  -  562 words
    • 462 14  -  Network expected to be rolled out from next quarter By, Annette Pan [SINGAPORE] US personal computer giant Compaq Computer Corp last week made its first foray into the world of electronic commerce, announcing strategic initiatives to migrate channel business to an Internet sales network. The
      462 words
    • 315 14 [SINGAPORE] Industry veteran Ang Miah Boon took over last week as IBM Singapore managing director with a promise to focus on e-busi-ness and IT services, two areas of exploding growth for the computer world's largest player. Mr Ang also announced plans for
      315 words
    • ITTAKES
      • 58 14 [SINGAPORE] The Institute of Microelectronics (IME) and the Oki Techno Centre Singapore, a subsidiary of Oki Electric Industry, a Japanese electronics conglomerate, have announced collaborative projects to develop radio frequency integrated circuits (RFIC) in CMOS technology. One main application of this joint project is for Wide-Band CDMA
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      • 55 14 [SINGAPORE] Lucent Technologies has appointed John Winchester as president, business communications systems, for the Asia-Pacific and China. Mr Winchester will be based in the company's regional headquarters in Hongkong. Prior to his appointment, he was executive vice-president for Cabletron Systems Asia-Pacific following Cabletron's acquisition of the network product
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      • 61 14 [SINGAPORE] The Attorney-General's Chamber, Crime Division, is organising a conference, titled "Crime Technology—challenges for the 21st century", in Singapore. The conference will focus on the impact of technology on the administration of criminal justice. The conference will be held from Oct 14 to 16 at Raffles
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      • 52 14 [SINGAPORE] Applied Languages Technologies (ALTech), a US provider of speech recognition technology for over-the-telephone solutions, recently opened an office in Singapore and formed a partnership with Kent Ridge Digital Labs (KRDL). The partnership will help ALTech adapt its speech recognition solutions to the special characteristics of
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      • 81 14 [SINGAPORE] IT Symposium 96, organised by die Singapore Computer Society (SCS), will be held on Friday at Suntec City. The issues at the symposium will include electronic commerce, emerging IT technologies and IT management SCS is offering a special corporate package, under which companies pay a budget rate
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      • 43 14 [SINGAPORE] Logistics Asia 96 will be held in conjunction with Integrated Logistics Asia 96 Forum from Oct 14 to 16 at the Singapore International Convention Exhibition Centre. For more information, contact Ms Lynn Toh at *****66 or e-mail lynn—toh@mfasia.com.sg.
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      • 50 14 [SINGAPORE] Adobe Systems will be showcasing its new graphics design and publishing software solutions at the Adobe Creative Solutions Roadshow. The roadshow, which is a free event, will be held cm Oct 6 at the Marina Mandarin hotel. For more information, Michael McGrath at *****77 or e-mail mmcgrath@adobe.com.
        50 words
      • 36 14  -  •Compiled by 1 Toh Han Shin [SINGAPORE] Informix has launched Informix Dynamic 4GL, a software that enables the transformation of character-based 4GL programmes into Windows and Motif Graphical User Interface (GUI) database applications.
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    • 399 16  -  French firm uses S'pore base to develop products for world airport market By Toh Han Shih [SINGAPORE! French IT firm Silicomp will use Singapore as a base to venture into the world airport market, Silicomp president Jean-Michel Gliner told BusinesslT during a visit to Singapore
      399 words
    • 386 16  -  Oracle Retail to help supermarket chain in its information management system By] Kenneth Ooh [SINGAPORE] NTUC FairPrice, Singapore's largest supermarket chain, will be implementing a $3 million enterprise-wide information management system in its bid to remain in the forefront of the supermarket
      386 words
    • 274 16  -  Toh Han Shin [SINGAPORE] Instead of spending the Saturday night of Sept 26 on a hot date or wtth family, some SO senior managers and CEOs chose to learn how to do electronic commerce at a mass Internet training session at the Singapore Indoor Stadium. It was
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    • 444 19  -  COMDEX/ASIA 98 Crowds rush to absorb new niche products showcased this year By Raju Chellam [SINGAPORE] While the ecommerce pavilion was the star this year, the other pavilions year 2000 (Y2K), publications, and country pavilions set up by England, Taiwan and Pakistan also drew
      444 words
    • 190 19 [SINGAPORE] Japan's Epson Corp last week launchectfour new inkjet printers whfch k said incorporated major technology improvements, including smaller ink droplets, and a new intelligent printer driver, r Three of the four models print at 1,440 dots per inch Xdpi)> while the low-oQst model prints
      190 words
    • 382 19  -  By' Toh Han Shih [SINGAPORE] Soon, you can input Chinese, English and other languages into handphones and handheld devices much more easily than before. This is possible with the T9 technology from Tegic Communications, a US firm. T9 enables you to
      382 words
    • 422 20  -  SX-4 is AdaPacific's most powerful computer in the geophysical industry so far By] Raju Chellam [SINGAPORE] Seismic services provider Veritas Digicon Geophysical Corp Asia Pacific Ltd has installed the latest supercomputer from Japan's NEC Corp at Veritas' Singapore facility, with a commitment to install
      422 words
    • 379 20 Reuters [LONDON] Data warehousing, consulting and computer firm NCR Corp has unveiled its Microwave Bank a microwave oven which also gives access to online banking, shopping, email, TV and oooks the dinner. Developed in Britain by NCR's Financial Services Knowledge Lab, the Microwave
      Reuters  -  379 words
    • ONTHESHELF
      • 8 20 Corp 18 j
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      • 76 20 I ADOBE Systems has launched Illustrator 8.0, the < upgraded version cf its digital drawing software targeted at professional designers and busineai graphics users. Available mid-October, new features include preset action palette that automates 3D button production, free sketching function with a pencil tool, and a
        76 words
      • 74 20 US-BASED WRQ Inc is ready with Reflection Enter View, which it claims is the oafr Java host access solution that provides IT managers easy access to enterprise data via the Web. The product can be installed on any Web server and downloaded 1 hostefrom any Java-enabled
        74 words
      • 76 20  -  Raju Chellam AUTODESK Asia has announced three new products targeted for the land development civil engineering/surveying, and land planning sectors. AutoCad Land Development Desktop (LDD) is the core solution and platform, and Autodesk Civil Design software, and Autodesk Survey software are the add-on programs. The
        76 words
  • Page 12 Advertisements
    • 456 12 ■*r- o<+i t a I 1«I< xn < ~Z 'WHHiHIHIHi DILL'S NIW SHALL BUSINISS PC RANGE. created'.*] Il#w range of PCs and servers configured and priced ipecifically for small software technology, they you on a PCs feature quality Intel* processors that performance a very affordable software. Dell* Dimension* XPS sertet.
      456 words
    • 10 12 Y2K and country pavilions draw interest at Comdex, Page 19
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  • Page 13 Advertisements
    • 167 13 ee P f u^ure Vpw working for you. p* Congratulations to Suntec City Management Pte Ltd, far on the occasion of their ISO 9000 Certification. i j *4 BLUE SPEED CONSTRUCTION PTE LTD I i It CAMPAIGN CLEANING SERVICES (PTE) LTD I HYUNDAI ENGINEERING CONSTRUCTION CO LTD I f NAN
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  • Page 14 Advertisements
    • 479 14 *ARE THESE YOUR CHALLENGES? Employing the Internet, conducting electronic commerce, or exchanging information with suppliers customers? Choosing the best-of-breed applications and deploying them globally? Integrating and managing business systems securely across the extended enterprise? If your answer is yes, take practical steps toward managing this complexity and attend: THE GROUP
      479 words
    • 192 14 The Straits Times Classified 1 Classifications 402-568 I Waiting till 1999 I I may be too late! I Many foreign subsidiaries have already received instructions /TiY^LV BB From their Head Offices to ensure Year 2000 compliance far H their payroll software by December 31,1998. Ifyou are still using a Non-Year
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  • Page 15 Advertisements
    • 158 15 •i V T J, J.., We go the extra Congratulations to Suntec City Management Pte Ltd, on the occasion of their ISO 9000 Certification. AIK ENGINEERING IRON WORKS CHONG SHENG (M&E) PTE LTD ENG XIAN CONSTRUCTION PTE LTD ENVIRON TECHNOLOGIES PTE LTD EVERPAINT COMPANY FORGE MAINTENANCE ENGINEERING SERVICES HONG HOOI
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  • Page 16 Advertisements
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    • 435 18 -te-. SKteO r.B I It j 81 I %6t Hi I i I kii "I —iwiinii^ f I I I *J%jjf&j& lj BmHp i I i k I I /4flKviJf MBr „T m "I*lBl 1 I «r IkM ITLaSP&f #IEEr^ —ff PaKKw* f v Bi 1 ft fHmK/ j i»
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    • 131 19 For Your Holidays/Business LONDON Paragon Hotel Tel 44 171 *****55 ADELAIDE Hotel Adelaide Tel s6l 8 *****444 CAIRNS Palm Royale Tel 61 70 *****0 MALACCA Emperor Hotel Tel 02 06 *****77 iflk 1 RESERVATIONS 1 *****36/*****11 (fUcfcptt Fax: *****05 P i Q2^2BEZBDDD 30 Biddfatd Rd #03*01 Thongsia Building *****22 Full
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    • 343 19 Wlrodudng pEfiMfc Gateway Solo™ |||h 3 U)0 from Jljjl H 5 bout the Gateway Soto w 3100 (code The ultra notebook that offers iwyM>4 you could ask for in a computer, minus uf ejiilize and weight. Only 3.1 cm thin and 8§ kgs light, this tiny wonder is the perfect
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  • Page 20 Advertisements
    • 1266 20 WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 1906 The Directors of Wing Tai Holdings Limited announce the unaudited coneoHdated results for the year ended 30 June 1998. GROUP COMPANY 1996 1997 1999 1997 OfOOO irooo +/B ss'ooo Ss'ooo 1
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  • Page 21 Advertisements
    • 270 21 Where to wine, dine and entertam... F^<j>as^ HESPSVHBriI oijFE m, qk&HP i iMIHBnS LEVEL 1 Daily A La-Carte menu, i Western and local favourites chefs m W'M 20f speciality top selling mHI g m «jsf Hainanrar Chicken Rice. jffi Nasi Gorenglstimewa,etc Every Monday is Senior Citi»en'» Day at the ANA
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  • Page 21 Miscellaneous
    • 665 21 TVVRADIO FnMte*l2 7.00 News 5At Seven. COO See Tuesday's Sched- 1 ll;g>TT7rfTBrs^— cao PM TV Innovations. £00 MilKfvou^B^y 1 COO Kidz Blitz: Sesame mSSiI? PrSSe Time M»l* ■aa Movie The Running CIO AM CDIS iS Man Our Choice). ££™£tv. COO TeleTubbies i?* 22 £ew s 5 Tonight. LOO PM TV
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    • 205 21 CHVFTIU CROSSWORD 8 Run, run into a tiny child (4) 9 The absence of water initially Mil I I at the present time (3) 11 In the discharge is a continual j j stream of things (6) Hf MM Mrf |B| Mhm science (8) on a horse (7) 23 Vain
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  • EXECUTIVE LIFESTYLE
    • 686 22  -  Anthony Tan Yeow Seong's monoprints show a passion for things fishy, says PABVATHINABAYAM PARVATHI NARAYAN ANTHONY Tan Yeow Seong's debut art exhibition Songs of the Sea combines the two great interests of his life— the sea and painting. "The sea has been my life" is
      686 words
    • 746 22  -  ■OPERA tyrfe Theatre hits the right notes with one of Verdi's most popular works By P Y Van [SINGAPORE] The Singapore Lyric Theatre certainly seems to be on the right track if audience attendance is anything to go by. On Friday, the second night of
      746 words
    • 544 22  -  MUSIC By David Chow [SINGAPORE] To launch its first concert tour to Hongkong next month, the Singapore Symphony Orchestra showcased on Friday night a repertoire that leaned heavily towards German romantic works. The evening began with Samuel Barber's Overture to The School For Scandal (1931).
      544 words
  • Page 22 Advertisements
    • 1079 22 f 3 N BANQUE WORMS HMd ones: Tour Voltaire 1 place des Degrts, Cedex 58 ***** Pahs, La Defense France. Tel: +33 1 49 07 50 50 Fax: +33 1 49 07 59 11 Telex: BWOR X 616 023 F Singapore Brand): 43 Ceci Street. *23-00 GB Building, Singapore *****2.
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    • 27 22 Songs of the Sea can be viewed at Alliance Francaise de Singapour, Societe Generate Gallery, 4th level, 1 Sarkies Road, from 10am to 7pm. Last day tomorrow.
      27 words

  • COMPANIES & MARKETS
    • 406 23  -  ■eve comes after it received writ of arixare and sale filed by DBS Bank from] Lob Hui Yin im Hongkong TOE Singapore subsidiary of debt-ridden trading firm Hwa Kay Thai is being wound up following a writ of seizure from DBS Bank, while
      406 words
    • 282 23 AFP [SYDNEY] Singapore Airlines Ltd's deputy chairman and chief executive officer Cheong Choong Kong said yesterday the company was Interested in acquiring a stake in Thai Airways to link Bangkok and Singapore as a dual Asian hub for US and European services. "You
      AFP  -  282 words
    • 706 23  - Pay cut a premature gamble by Hongkong Telecom? HAmum mum Its tailed move may have done much harm to corporate HE By Quak Hiang Whai WE all know how the currency board system works. It's been generally accepted that asset prices would have to fall sharply to make up for
      706 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 374 24 Collapse of second anction forces them to offer 45 trillion won debt write-off Reuters [SEOUL] Creditors of crippled South Korean carmakers Kia Motors Corp and Asia Motors Co Ltd are willing to write off 4.5 trillion
        Reuters  -  374 words
      • 306 24 Bloomberg [FRANKFURT] Siemens' fullyear profit could fall 62 per cent to 1 billion marks (511.02 billion) as Germany's largest electronics and engineering company faces quality and delivery problems in its train and gas turbine divisions, the German language magazine Der Spiegel
        Bloomberg  -  306 words
      • 235 24 Reuters [HONGKONG] Burwill Holdings Ltd yesterday said it would file a counter claim to Grand Host Ltd's suit against a Burwill subsidiary over a property dispute. It said in a statement that Grand Host had flailed to pay Burwill the balance owed on
        Reuters  -  235 words
      • 61 24 [HONGKONG] People queueing outside a McDonald's restaurant here yesterday to buy a plastic Snoopy dolldressed in national costumes. The US fast-food chain has hit the jackpot with this 2&day marketing campaign which allows fans to buy a Snoopy doll dressed in a different national costume
        AFP  -  61 words
      • 235 24 Reuters [KUALA LUMPUR] Malaysian conglomerate Sime Darby Bhd will merge the tyre businesses of its units DMTR Bhd and Sime Tyres International (M) Sdn Bhd (STI). The merger would create the largest tyre manufacturing group to be listed on the Kuala Lumpur
        Reuters  -  235 words
      • 222 24 Reuters [LONDON] British Airways pic yesterday said UK aeroengine maker Rolls-Royce pic has won a £580 million (511.7 billion) contract to supply the engines for the Boeing 777 aircraft BA ordered last month. Rolls will provide up to 64 of its Trent 895 engines for
        Reuters  -  222 words
      • 280 24 Reuters [SUZHOU] A shake-up is brewing in China's beer industry which will slash the number of foreign and local producers from around 700, officials of New Zealandbased brewer Lion Nathan Ltd said. "There is going to be a tightening in the numbers of players
        Reuters  -  280 words
      • 389 24 Strategy includes in vestments of USs24b, job cots Bloomberg [ROME] Telecom Italia SpA, Italy's former telephone monopoly, said it plans to invest US$24 billion (Ss4l billion) in foreign expansion and new technology, cut 8,000 jobs and sell assets as its home turf opens up
        Bloomberg  -  389 words
      • 287 24 Bernama ■m. jl [KUALA LUMPUR] The Malaysian Airline System Employees Union (MASEU) on Saturday called on all workers of the national carrier to support moves taken by the management to overcome the company's problems during the economic downturn. MASEU president Alias Aziz said
        Bernama  -  287 words
      • 299 24 Coke expects lower earnings in second half of this year Bloomberg [ATLANTA] Coca-Cola Co has forecast lower-than-ex-pected earnings for the rest of 1996 as sales slow because of currency and economic woes in Asia, Latin America and eastern Europe. Coca-Cola shares, which have lost US$BO billion (*****.6 billion) in market
        Bloomberg  -  299 words
      • 219 24 Reuters [HONGKONG] Fast-food chain operator Fairwood Holdings Ltd says Hongkong's economic slump could help fuel its turnaround by lowering operating costs. "This economic downturn obviously will benefit the company and give us a relief after suffering from heavy losses in the
        Reuters  -  219 words
    • FINANCE & COMMODITIES
      • 525 25  -  LTOII FALLOUT 56 UK banks asked by financial regulator to give details of tbeir exposure to LTCM From. Neil Behrmann in London BANKING regulators in the UK, US and Switzerland intend tightening rules to contrad lending to hedge funds. The Financial Services
        525 words
      • 541 25 LTCM underscores worries about edacity of Wall St to retaliate itself AFP [NEW YORK] The massive bailout of Long-Term Capital Management has lifted the veil on the peculiar methods of hedge fUnds, and presents a new blow in the international financial crisis. John Meriwether,
        AFP  -  541 words
      • 558 25  -  ITpore banks should teas on the role of sub-custodians ty' Wong Wei Kong [SINGAPORE] The financial crisis will crimp the growth of -the custodial business in the region and local banks should foe us on domestic markets instead of trying to take
        558 words
      • 307 25 Analysts say current market conditions don't favour float FT [PARIS] The French government's timetable for selling off up to one third of Credit Lyonnais bank is under pressure because of volatile financial markets. The socialist-led government has pledged to cut its stake to
        FT  -  307 words
      • Article, Illustration
        262 25 FMBtUBWlif AsonSep25 jj***" JW 1 11? 1SL' > 0W>MwiMttM Owwwwtumnmm n i. 111 i.n.#H n. 0+***mm *<* Iu JKH > f mm 13» Zih '•By*#*-—— g. I «WB»pFK i i «in »*—>——* 71ft ''"^K gppWWBBipHW Source: SUfQAPORB QOYBEMMBirT SUt'U R1T1HS fMPICAYITB PRICES AMP YIELDS Week ended Sep 25 oest^ •mjmmtm
        262 words
    • COMMODITIES&FUTURES
      • 479 26  -  mm» Weeklyßoundup Hiroko Komiya Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. [SINGAPORE] The forex markets are set for an eventful week. A series of key events wUI keep trade volatUe weU into
        Source: Simex  -  479 words
      • 852 26 COMMODITY Weeklyßoundup AFP [LONDON] The chief of the US Federal Reserve, Alan Greenspan, lifted the price of soft commodities last week as traders interpreted his comments to a Senate committee as the prelude to a cut in US interest rates
        AFP; Source: Bloomberg  -  852 words
    • 602 26 nOOMPPTPKBg w B a »a ii!55 w«S M5 5C M7 50 S«5o S5S 5" £1 si HSPfc TMilrMiCrape RSIA&S M5.50 W7.50K ml SH £3 -J3*sl l egg "S^SE SJJ* Bg EA8 Week ended Sep 25 urn MS r cum (M mwxt i Sap 21 W.7S W22 M.75 S«p
      602 words
    • 1832 27 Mrttan KM MM HMg* W» P *7«? T*l 7.12 449 *9M TY LY TV LY MHCMMqj h»H P 0.199 0.442 410 *04 Ciiit mm <M ($M (cto «n» mmwpiwm Ml i UU MO 740 440 llirT lllM rni*m irnU P \Mi *un 110 ojo AftCwwMc MM
      1,832 words
    • MARKET REVIEWS
      • 291 28 HONGKONG AFP HONGKONG'S stock market is expected to rally in the coming days as investors hope for a US interest rate cut to build on a 3.4 per cent advance in the week to Friday, dealers said. "The market will still be a
        AFP  -  291 words
      • 874 28 HSytoy +215 AUSTRALIA'S stock market has its sights trained on a possible US interest rate cut, with the imminent election here coming into sharper market focus later in the week ahead, brokers said. Analysts here are tipping a 50 basis point cut, which would put Australian economic
        874 words
      • 571 28 NEW YORK While a rate cot has been discounted, analysts warn that itmaynotdomnch Bloomberg THERE'S consensus on one issue in the stock market: Alan Greenspan earned his salary this month. The Federal Reserve chairman, who will make U*****,700 (*****,400) this year, helped ignite a
        Bloomberg; FILE PHOTO  -  571 words
      • 1337 28 Qftrii -18M3 FRENCH stocks fell on Friday, led by banks, after ÜBS AG, the world's second-big-gest bank, warned of losses from the near collapse of US hedge fluid Long-Term Capital Management. The benchmark CAC-40 Index dropped 70.54 points, or 2.09 per cent, to 3,310.59. The index was
        1,337 words
      • 440 28 LONDON AFP THE London market closed slightly higher at the end of a tumultuous week, which saw share prices surge then slump in volatile trading dominated by movements on Wall Street. The FT-SE 100 Index of leading shares closed at 5,061 points, which was
        AFP  -  440 words
      • 320 28 TOKYO AFP THE direction of Japanese share prices in the coming week will largely depend on whether ruling and opposition parties can end their stalemate over bank rescue legislation, brokers said. "It's going to depend on developments over this weekend, particularly on
        AFP  -  320 words
    • KUALA LUMPUR STOCK MARKET
      • 8108 29 Caaanwr pnteti 1996 Last vol iN> Mat Cap HMb Law ClwpiPy taH ■OOP tO» Law P/K >W 310 170 Ajmomoto 210 17 210 202 n.6 15.1 14# 19 Angkasa 59 -3 2M 62 554 14 87.0 290 123 Apo4oFaod Hh) 174 -4 13 WO 174 6.1 704 3M 106 Bar)ay
        8,108 words
      • 370 29 AFP POwnpogtafaibi -103 TRADE on the Malaysian stock market may pick up in the coming days after a 1.5 per cent fall in share prices over the past week, analysts said. The Kuala Lumpur Stock Exchange's weighted Composite Index dipped 6.03 points to
        AFP  -  370 words
    • WARRANTS&OPTIONS
      • 2403 30 NN Last Vai *Ht Laat Owata A*a Hm> far »t»a Cmmmt tala *ar- COOO) Ht*i L— 9»yaf »a9ac Prtca 22 4 3023 Uraco W*****7 6.5 *CJ5 403 7 63 7 M 90 m t 3125 Vantur* u2 J%*****7 93 *43 99 91 505 210 m 3126 Vantura W*****S 379 -32
        2,403 words
      • 215 30  -  WARRANT WATCH -By 1 R Sivanithy IN last Saturday's column we spoke of the possibility that the market might have overdone its selling of Pertama Holdings' warrants since it seemed to be attaching practically no premium to the 15 months that remain.
        215 words
      • 201 30 NOMMORC STOCK Or Or l*M LMt V* WOT* Laat Ouotr Ht *> W M MCw W» iw >» M« V- rOOO) >—> L— »T«r **—r Cw M I—* 400 230 3123 C0L(2000)HK 400 *5 40 2-4 2.0 204 7744.7 5124 ClffMy P*C 20c HK—720 265.0 2.1 74 6.0
        201 words
    • 5179 31 8r Or mm Lpat Val Naak LaatOvata Mv Mv VM MM Cap An M0t lam mm Clin fOOO) M+ Law Bwyar Mw CV M t3 p*aa MULTHMWTIY f/ X* 142 49.5 m» WOO AcmaSOc 56.5 -3.5 528 60 54 53.5 56.5 27.5 LO 244
      5,179 words
    • 928 31 ——u. ar r& sgTu. «g mmmmm ;k<t» ;*Esae»«s x^'xmmmm 243 30 204# AS AH99Mfc—. TO rt *2 MID 74 US H i 70 KM 7J) 2.1 u 74 o ea .E s s a 485 jj; 2006 CML10c____19 lute (it M 23 93 2046 Eastern Pub 10c 10.S -03
      928 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        431 32 Source: Stocks Mm Keppei LandSOc 39,474.000 STEnggWc 39,095,000 ERes WtOI 36,448,000 SingTeitSc 32.J23.000 DBS Land 30,903,000 Datapuise 5c 20,174,000 Hesiie HMqs25c 19,559,000 Wing Tai 25c 18,897.000 Keppei Corp 16,568,000 E Rwfcwlpc 16.270.000 Stoda SingTeitSc 88,139.000 STEngglOc 62.984.299 City Dtv 50c 54.084.336 SIA Foreign 42,319,554 SPH 40,554.315 OUB Foreign 39,425,789 OCBC
        Source:  -  431 words
      • 679 32  -  TBBWHBKAHBAD Unless US central bank's rate cat is bigger than expected, Wall St is likely to lead a worldwide downtrend in prices By R Sivanithy [SINGAPORE] It looks like this is going to be a very important week for world markets. The main
        679 words
      • Article, Illustration
        63 32  -  -Hr Shiv Tanaja ELECTRONIC Resources closed two cents lower last Friday at 79 cents on a volume of 1.7 million shares less than half its 10day traded average ot 3.8 million shares. There are mixed signals from the charts. The weekly RSI and Stochastics point to a sell
        63 words
  • Page 23 Advertisements
    • 676 23 IARAB1 ARAB BANK PLC Conversion race) of the US Dollar apinx the i Balance Sheet as of 31 December 1997 and 1996 Income Statement for the years ended 31 December 1997 and 1996 1997 1996 J-P-COOO) J-D. ('000) 1W IW6 C*h and due from banks 2,704,165 3,247,036 P C^ >
      676 words
    • 43 23 The closcst you can get to flying without actually leaving the ground. v i sc. such h t h-po ai f <; o Th t Si.i h 9-5 No to' ri 1 «aa* 4 f SAAB •CaN^ TR4NS EIROK/IRS •>• a M The new Saab
      43 words

  • Page 24 Advertisements
    • 211 24 ||n|n,t, J ItmiUnJiO WaiKOr liflHr Modeb JfT-1500 Designed specially for walking and light running at home. Perfect for first time users who look for design and function. FIATURSS: 5-Window l£D display TIME, DISTANCE, CALORIES, SPEED PULSE WB Over-current protection 1 hp DC continue duly I'M Speed: oto 12km, 0.1 km
      211 words

  • Page 25 Advertisements
    • 51 25 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired /M to scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). C Call C.A.T.S. at 1800-737-1166. S CA«J
      51 words
    • 13 25 Boy It Sell It Find It Classified. 1800-737-1166 Call Today For Results Tomorrow.
      13 words


  • Page 27 Advertisements
    • 81 27 V Asian companies have often behaved as if size were s v. f? I all that mattered. They built capacity even when markets were glutted. Now, supply outstrips <''/'id^| demand every TVs. This overcapacity is dragging down Asia's economies, prompting governments to try to pump H up demand. But recovery
      81 words



  • Page 30 Advertisements
    • 926 30 BUSINESS f ('('S lo ;i(l\iTliM' l'.ill I oil-I tit I SOU- 41 INN 3 I IN THE MATTES OF THE COMPANIES ACT, CAP. 36 IN THE MATTER Of THE JALCA CO. PTE LTD COMMUNES ACT CAP. EO (MMnahirs-Vil j lljiiHaHn) and At mi Extraordinary General Meeting of ike j**' l
      926 words
    • 151 30 M THE MATTER OF THE COMPANIES ACT, CAP. «0 AND •I THE MATTER Of BAN HUAT MACHMERY PTE LTD (In Msm bars' Voluntary Liquidation) NOTICE HEREBY OVEN M pursuant to Saction 306 of tto Companias Act. Cap. SO Vw Rnal VJiOirii MMCIny 0* tn« mßfT»D®<» Of abcvanamad company wHi ba
      151 words
    • 53 30 There is no smoke without fire. t With so many lucrative business J J opportunities and services sizzling in The Straits Times Classified daily, f \Ni it's no wonder our readers are always hungry for more. Advertise in the Business Services/ Products section (Classifications 201 to 266). i CaO CA.TJS.
      53 words


  • Page 32 Advertisements
    • 677 32 [business J TOE CCMPAMES ACT CHAPTIR MT IN THE MATTER OF THE —rumi ISSQJM COMPANIES ACT, CHAPTER 80 MM||M|||M AMD IN THE MATTER OF iNMisJsryrr^mm SUMIPACK INTERNATIONAL UQUBATIO9Q PTE LTD Extrsordinsvy Qsnsrsl Meeting (IN LIQUIDATION) of R«d shtoM Pte Ud IwMN At an Extraordinary Qan«ral Meeting l **1^ of members
      677 words
    • 788 32 M THE HATTER OF THE COMMMES ACT CAP. SO AND M THE HATTER OF GROSSE SMGAPONE PTE LTD NOTICE OF SPECIAL RE9OLUTIOMS FOR MEM9EM 1 VOLUNTARY MNOMG-UR (PURSUANT TO SECTION 298(1 Xb)] At an Extraordinary Omni Meeting of 9<e members of GROSSE SMGAPORE PTE LTD. My ooiwened and haM at
      788 words
    • 829 32 Buy It. Sell it. Find It. 2@hv^Q Classified. [cAX&J Call Today For Results Tomorrow. 1800-737-1166 WTHUMTTEB OF IN THE MATTER OF THE TM€ Co*fMjC» ACT, OP. M COMPANIES ACT, CHAPTER 50 MTNEMATBI Of ANO SOUTH tEA WEAWLI PTE UP M THE MATTER OF at Exwot*a«ry Saw* MN ft m OCEONICS
      829 words
    • 644 32 WBlllf M THE MATTER OF THE AHO COMPRISES ACT, CHARTER 90 THE HATTER OF DIRECT EAST PTE LTD VfW6 UFE MVESTKVTS PTE UD piNnta* WMtoyUpHMM 1181 ASIA WCWC PTE LTD) <t w Urwifi Swnl Mw—l < MEMBERS'VOLUNTARY (MMtMiriVmKURNKSTISNTSffE UQUDATION LTD. nanaM ato ftM «a 23 Sejtomav INUlltNaJL.aFtotiftMlMW.aeM. At an Extraordkwy
      644 words

  • SHIPPING TIMES
    • 257 33 ♦Contributed by Simpson Spence Young THERE has been an incre&s* in activity with various types of tonnage rumoured to be under discussion. The tanker sector has seen rumours surrounding the aframax Meior (87,000/86). However indications that a deal may have been concluded in region US$l7.B million with the
      ♦Contributed by Simpson Spence & Young  -  257 words
    • 209 33 CWTUstr*uMM_0» -0.01 12 ChuwiMi* 0J4 WW* 40 c—c»i mum.ay -aoi to m—aiM -an mm Mlim 0JH9 men a MltmMm as* -0.01 34* I—IWZWW 0.50 •fkOOS U MfCMd4fcfi—MK MC 0.449 JmwMOei-W undi 124 1M -0.03 14*7 t MwdfCLS 140 -0.O6 Iff nwmrtii—a«3 *0.009 93 KmHTM 0409 -0.03 44 Ukmmmim
      209 words
    • 440 33  -  Bulk carrier alleged to have damped toxic waste; master not released on bail By: Marcus Hand [SINGAPORE! The master of a Singapore-flagged bulk carrier has been detained by Dutch authorities allegedly for dumping hundreds of bags of hazardous fUmigant overboard. The captain is reported
      440 words
    • 409 33 [SINGAPORE] Independent Taiwanese container shipping giant, Evergreen, plans to fight "severe competition" in the liner industry with continued expansion of its fleet and service network. Chang Yung-Fa, Evergreen Group chairman, said that "severe competition can be foreseen" as the number of post panamax vessels
      409 words
    • 677 33  -  DOCKYARD By David Hughes THE years seem to pass ever more quickly, as evidenced by the fact that the programme for this year's Shiprepair and Conversion conference has just arrived. The papers from last year's conference are still on
      677 words
    • 279 33  -  Series of 10 vessels ordered from three Japanese yards By Marcus Hand [SINGAPORE] United Arab Shipping Company (UASC) has taken delivery of the eighth of a series of ten 3,800 TEUs newbuildings which will be used to upgrade its service linking Asia,
      279 words
    • PORTShots
      • 66 33 AFX-Asia (SHANGHAI) Shanghai Zhenhua Port Machinery Co Ltd Mid it has signed a UBH6 million (SS43 million) agreement with New Jersey Global Port to deliver four container loading cranes. The contract will be fulfilled in 12 months, and Zhenhua Port Machinery will deliver
        AFX-Asia  -  66 words
      • 24 33 [LONDON] UK courts have handed down heavy fines In two recent oil pollution cases. Recently the owners <rfthe
        24 words
      • 109 33 [LONDON] The International Shipping Federation (I8F) is developing a computer programme to enable seatorers to easily enter boon worked. The move has been prompted by the new International Labour Organisation Convention (ILO) 180 on seafarers'hours and conditions. > The ISF expects that ships will be required
        109 words
    • SHIPPING NEWS
      • 522 34  -  Move by workers in Portugal part of ITF drive against flap of convenience Reports from David Hughes in London PORTUGUESE unions boycotted open registry ships without International Transport Workers Federation (ITF) crew agreements last week, targeting a Cambodianflag cargo ship among several other
        522 words
      • 152 34 LLOYD'S Register (LR) chairman Patrick O'Ferrall has followed his counterpart in American Bureau of Shipping (ABS), Frank larossi, in also ruling out a flotation for the UK-based classification society. He said: "For LR to go public and seek external shareholders would not be consistent with
        152 words
      • 85 34 THE International Maritime Organisation (IMO) announced on World Maritime Day last Thursday that it was setting up a trust fund to honour seafarers. The trust fund has three aims: to erect a memorial outside the IMO building in London, to set up a chair of
        85 words
      • PORTShots
        • 69 34 INDEPENDENT tanker owners' group Intertanko held the fourth meeting of Its Asian Regional Panel in Tokyo last week. Tanker owners from Japan. Hongkong. Singapore and South Korea were represented at the meeting chaired by K H Koo, group chairman ofTai Chong Cheang Steamship Co (HK) Ltd.
          69 words
        • 102 34 SPECIALIST mutual insurer The Strike Club, says the year ended Jan 31.1996, which marked its 40th anniversary, saw membership increase by 5 per cent to over 400 owners operating over 40 million gt. Claims, however, also roee from US$5.2 million (SsB.9 million) in the previous
          102 words
        • 82 34 The Baltic and International Maritime Council (Bimco) i 1 has published "A Standard Year2ooo Clause for Voyage and Time Charter Parties" (Y2K clause), addressing the year 2000 compliance obligations of both charterers and owners. Bimco says it drafted the clause in response to a growing number
          82 words
        • 82 34 The international freight forwarders organisation, Fiata, J last week launched a new initiative to encourage professional training in the freight forwarding industry whlcli is sponsored by intermodal transport insurer, the TT dub. President Dahmani Abdelmalek launched the "Young Freight Forwarder of the Year Award" at
          82 words
        • 8 34 Mediterranean
          8 words
    • 304 34 PAGE ESP Lines M ML 3 CIS 12 Accord 8 Muwrtief 12 Express T L 13 Appenstop 5 F «>nflS« Astro 3 Frotl U Austral 8 FrtlMs M A«*nt M C 4 B'tang Mas 8 <*»**'«» USA 7 Genshpg 6 oil M OorylUv M BakkcShgp 12 H
      304 words
    • 16586 41 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA -ETA Advarttsar Vnul Voy«)« TaMphona ETA ETA Advartliar Va*«al Voya«a TaNphona SIN CXtt'n Nama N«m Numbor NumBar SIN 0*rt*n Ma— Nam* Nun Simmimw iiiSwigriri[trrnniT-"-i SwaaBBBBBMBBBBBBBBBBBnMaiMWdMBBBBBMBBBBMBBBBBBBBBaBBMi 07/10 02/n Evaryaan E. GLEAMY 02SH84W *5-312im Ta ABIDJAN (ABJ) 2003 Cat# D'lvolr* 07/» 02/n nyk norsul karai ooh
      16,586 words
    • SHIPS IN PORT
      • 510 47 >wl Voy Mo Barth Arrival Dtp«rtiir« Jww| Nrt Andh Perdaiia *****8 J10 alongside 27.09/2359 ftt Handi Jay *****8 J01 alongside 27.09/2015 £rane Hope 83 J09 alongside 28.09/0600 Nope Glory 0998 J08 alongside 01.10/1300 (torcopolo 6 26-98 J15 alongside 27.09/1800 Pac Premier 1 J10 alongside 30.09/2300 Meet 1802 51/98
        510 words
      • 1632 47 RECEIVING OF EXPORT Fa CONTAINERS ANO LCL CARGO nooHwg/P ilxif o Rstls Mp Voy Mo Etb/Btr Ported Frew To Frew to 903 30/2390 JJ Zjmoo UMM vmo *****c 27/8*9 27/8oo a nnTOO 20*499 21/0*0 a 27/1700 21/0199 21/0100 1 28/0700 28/7151 21/1400 4 21/1200 20/899 21/1700 to Ml
        1,632 words
      • 186 47 hplß Hong Kong: Chung Yeung Festi val. Taiwan: Teacher's Day. Oat 1 China: National Day. Hong Kong: National Day. Oat a China: National Day Holiday. Hong Kong: National Day Holiday. OatS Germany: Day of German Unity. South Korea: National Foundation Day. Oat 5 Portugal: Republic Day. South Korea:
        186 words
      • 562 47 THIS report compiled by Cockett Marine Oil Lai. »how» price rangaa In US doltan UMaad of tingle price* tor a man oomprehenalve deecrtptlon of Via market Pticea ahown are baaed on a verage-ataed ctem Market movement* are Indicated The Cockett Buntar Price Index chan* aad the
        562 words
      • 385 47 Carta* MO Ha 994.5 0.9 117 0.10 04 0.07 Up 17 DMSttr Mater KiMm Ask AH 5l—lrt No akOM E25 5 0 9 0 1 0 300 Aw MM 0J 16.4 0.07 23 0.03 t™, 310 Ma 992.8 0.9 19.0 O.TI 42 0.07 M/IT3 %ift %m/n
        385 words
    • AIR&LAND TRANSPORT NEWS
      • 443 48 Japan Airlines, Iberia may join 5-member g)«b*l alliance AFP [SYDNEY] Qantas Airways chief executive James Strong yesterday denied the new "oneworld" global airline alliance was detrimental to fair competition and said Japan Airlines (JAL) and Iberia could soon join. He said that the alliance
        AFP  -  443 words
      • 266 48 Bloomberg [KUALA LUMPUR] Malaysian car sales rose 12 per cent in August from a month ago, its sixth month of gain as the decline in interest rates prompted more consumers to buy new cars. Sales gt new. *9 13,668 sales rose 14 per
        Bloomberg  -  266 words
      • 379 48 AFP [DETROIT, Michigan] Taking advantage of reduced manufacturing and labour costs, US carmakers and their USbased Japanese rivals are waging a cut-throat price war to boost lagging sales. "The consumer is the winner," said Diane Swonk, chief economist with First Chica-go-NBD
        AFP  -  379 words
      • 509 48 demise op phujpfdib airlines But it may take 6 months before smaller carriers can expand capacity Reuters [MANILAJ Philippine Airlines' (PAL) demise has opened up the domestic cargo business it had dominated to smaller carriers but it would take at least six months for
        Reuters; AFP  -  509 words
      • 267 48 AFP [MANILA] Cathay Pacific Airways yesterday stepped up preparations for taking on selected domestic routes abandoned by oollapwd Philippine Airlines (PAL). A Cathay cargo officer at Manila's international airport said two of the airline's A 330 Airbus aircraft would arrive today to link
        AFP  -  267 words
      • 1337 48 an FU6HT no fiwht ere w«ti wo mm 2399 MM U7X1 *30 IA7302 2055 ffg" W IMP 0H2 MB 0W> 1X5 WW> BW Amtartw HHKT 0450 'IfW 2300 WW 1710 ***** WW SO343 0735 9mm— WC OBI 2045 KU37 1455 M YW741 1310 VH742 0905 MM
        1,337 words
      • 519 48 L&nnch this week despite domestic market slump AFP [SEOUL] South Korea's largest auto maker Hyundai Motor Co will this week defy plunging local car demand, gloomy forecasts for the Industry's future and months of labour strife to launch a new luxury sedan. Boasting of
        AFP  -  519 words
  • Page 33 Advertisements
    • 20 33 Cambodian-flag ship boycotted by unions Move by workers in Portugal part of ITF drive against flags of convenience. Page 2
      20 words
    • 161 33 Oneworld will promote keen competition Japan Airlines, Iberia may join 5-member global alliance: Qantas. Back Page SHIPPING TIMES SPECIAL FEATURE WEDNESDAY, 14 OCTOBER '98 qehtpi Hi The total marketing solution for Asia's logistics industry The first complete exhibition in Asia for the logistics industry is coming to Singapore. Logistics Asia
      161 words

  • Page 34 Advertisements
    • 934 34 NORTH MMIM* I I BCPOftT I I OTWgI PgSTOMTMMM I MX <OWB iHUnU IXPWiM- WRBCTTO LA MB IWCTT COAST Of CWTBAL AOKIWCA (HMUfcAWrTA M3WICB) mm m na |mm m m m ok m nooorr vcsa ww mtmnm |nnim|ij|.»iiw'| u..u«b wawnci now Eja mm 14/w w/w i»/i* nTii */w |i| "mmum*
      934 words
    • 92 34 SANKYU (S) PTE LTD 11 CLEMENTI LCX)P, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW P 0 1 8 Hm Itong t Ai Chfcia Porta twvm THtiq tlffl YflllU VOY ETD SIN ETA HO ETA KOI ETA YOU fIA WGO FTA OSA NOL
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    • 462 34 \r- DIRECT SERVICE Ig; xoMVAftW; gXfKESS Ohio Express Shipping Turn to page 7 EXPORT 3 x Japan -2 x Hongkong -1 x Mawln-J xKaMliiMiig. Knhwg (Accipliwg fO. t» KK/N<VHA/aKaAi/OMU/ICH lawn oS* a 5 nlw w*fw*[T!o ono W> Ml jSBE JL!t M JfILMB tl» ttlt 2U& JUL fiJLJUI nw im iiw
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    • 117 34 /Ggm&\ Unas services representee) lluiJj-x .J (-W0®;) o* Registry o# Sngaport Ftwgrt Forwarders Accredited Shipping Agents, C| JUU Assoaefion XBiy Stogspars Shipping Association. NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMMK/FMMANIU (MONTHLY SMVICI) MV "ARKTIS CARRIERS V.9807 ETA SIN 01/10/98 BOOKINGS CALL JUUA/MONICA TEL 323 4374 CARGO
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  • Page 35 Advertisements
    • 1036 35 10 EUROPE FROM EUROPE |v«™ yw lanmm> iw mv sou fit uh Ivkse vot m mbhmiwysomfit uh m hi mnm Ji4w m/oo is/io 17/10 m/io 14/10 my dud ji* m/w os/w m/w 02/09 24/ m HOt AMA2OMTI 01<«V 01/10 24/10 21/10 22/10 10/10 «HK 5221 04/00 00/00 11/00 12/W JO/00
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    • 1507 35 I HANJIN SHIPPING HAJUM SMPfMG R) PTI ITS I*: <*» MXMK: 3JM73S-J37 SHE: J7WOT4 131 DOCMMI: 32MT71 774 OPBAIiOMS 37M141 ?S1 MUM LM: *****55 FU R799M 3M IIS3W3OOM I TO NW USA A CANADA USA CANADA* m wot mm m umham/vot ST~| Si w ["IS oi w fir St I~Tm
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    • 193 35 me houmous |ma 104/ io I o*. 10 W7M1 07/10 li/io ivii nyiinyw 1 mo Mxtfin (moo to >AWU teMnJagK ia wifm lata S4 M MMMB nm 1,. vmn/mtm ft*** !?S SM^ USiLl ft^tyVS) I SHREYAS SHIPPING LIMITED, MUMBAI PREMIER FEEDER KLANG/SINGAPORE VKSR VOT MWAJ KMTtOANG SNGA**f SNAHTQ6A 233 03/10
      193 words

  • Page 36 Advertisements
    • 1088 36 MR-SENATOR LINES TO UK/COWTINKWrr TORKDSEMMHXnBBBANKAfiCANADA ■a I m mm ibi in mm mm m m MMa m m m at mm m mm WMUMBNJMI ■sb|Ss' 171« 11M 11* 17 .8 a.M MMMMTOMIBMTM WMM ti nUN U1( Stl Sl| Mil *I.M PUUMBMTOR VMM IU N 11M 11.11 11* *1.8 Oil S.II
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    • 687 36 isi&gas,.. asgEs I K/UHBIUHO I SUMllTl^^ MV "KOTA BERUAN" V.BRLOBI Mv "KOTA SURIA" V.SUR429 ETA SIN: 03/10/98 ETA SIN: 04/10/98 HAIPHOM6 VANCOUVER (80/TRT/MTR MV LHOKSE UMAWE" V.075V98 MV "HANJIN HONGKONG" V.074E I ETA SIN: 03/10/98 ETA SIN: 04/10/98 HON6KON6/PIISAN HAM/RTM/FXT MV "UNI VALOR" V.OI2BDN MV "HANJIN GENOA" V.022W ETA SIN:
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    • 475 36 UNI m> I>M4M IMb imm wssa w* m ib ¥usa ~7u vmmm srm m smnsNon vzti/w 27/0001/10 nun km wn/w vm 01/10 2!£££ a !l2£ #1/w /w w «/w SRAfrSNOK YM/WO4/1411/11 SWMSMVI VM/40 04/14 10/10 CMUM ma w/io u/io cmumjma vi«/w n/m u/io ii/ yiMißii n IK. KINABAyj_ KUCHBIQ__ vosa
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  • Page 37 Advertisements
    • 1074 37 Ivmttfl VOY SIN POU PKQ PEN PQB PUB I BHJ BA BIK MAN MATIN PJL 1908 10/09 27/00 20/00 28/00 20/00 MAN VAHDAT PJL 1317 14/10 18/10 24/10 28/10 PQB- Mm (Mom. DUB Datoai. SHJ > SMrjih, BA Bandar Mtea, BIX Bandar Imam Kkomalßl ACCEPTING CONTAMER/9KAK-B4JLK SHIPMENTS TO INLAND POINTS
      1,074 words
    • 1606 37 TO ISRAEL 1 i > MYr7y,ii I SINGAPORE'S GfNERAI AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****00 OUTWARD (l/L) "TTmOoT™!!!!!!^^ COSTAR SHIPPING PTI ITD •17-00NSBU)6 SAUS/NOS 4205«57/60 INWARD DIPT(D/0) *****15 COSTAR AGENCIES (M) SDN BHD WO: ********** M TOWtt TWO (*****4) cowviimomt *****50/55 T/SHPMT PIPT *****25 TIL 02-07-15 Ml
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    • 528 37 LOADING FOR JAKARTA MAMMA MV "ORIENT LAY" V.30 MV "TERESA PRESTIGE' V.19 EIA 3N 27/09/98 ETA JKT 01/10/98 ETA SN 27/09/98 ETA MNL 02/10/98 PORT KLANG/COLOMBO/CHITTAGONG JAKARTA/YOKOHAMA MV "KIISHUN" V.79 wvMAWiuiiftrwi-yiiiA ETA SN 28/09/98 ETA PKL 29/09/98 UWMI WW,r Y,IWO ETA OB 03/10/98 ETA CTG 08/10/98 ETA SN 30/09/98 ETA
      528 words

  • Page 38 Advertisements
    • 1119 38 SB I ROM AMW HBG THP ZEE LHV LHV TUP RDM ANW HM PKL MP E DYNAMIC RW-881 84/10 23/11 WII 24/10 28/18 27/18 28/10 E. J"J JJ" ?J2! ?1m ?£2 2*n KVOTE RW-883 11/111 3VII M/t1 91/11 12/11 83/18 M/ 11 E. RERME RE-817 18/ M 12MB 11M8 IMI
      1,119 words
    • 794 38 naa«PII PACIFIC INTERNATIONAL UNES (PTE) LTD 140 Cecil Street, #09-00 PIL Building, Singapore *****0. CR NO **********06 Il*ssa VOT «f srp MB WW mak m TH^ UMU AUSTOAUA343S7/0I M/ 1 I VlO- 17/10 17/10 24/10 K6tAKtt*MA rmois 83 DBI I WW lf/U M/H W| MMGATBuuii 373i/io I J/io u/io- ioTio-21/10
      794 words
    • 590 38 NANTAI LINE |j Fuuy comMoiss savw to MAURmiIS SOUTH AHtKA VBSE VOY ISW [Wi| f|Jt|CPT|«C» 60tDB( DIA6OW 10B7S W/W 01/11 12/11 15/IQ it/It mmcAsmiA vocg wo is/it 11/10 n/it a/10 tvh mmiwMKtss im 13/10 77/10 a/io 31/11 ■jWMWg VQ3OS 11/10 a/10 01/1) 04/11 05/11 M/ll J mrouMAGow im 77/10 os/ii
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  • Page 39 Advertisements
    • 402 39 I BSfl nJ MYANMA wBBk FIVE STAR UNE fIT (My—ar No1leo«l Um) Loadiag far Ym«m (Ro#§o«a) vissa voy sm m r« PGU bmniamym oow mpt MALAYSIA AMNTS: OOUSTIAD SMPPM6 AGOKXS KUL TH (03)*****00 HO; TE (03)37*4101 fflt m (04) Ml 1401 POfc TH (07)*****11/4 BANK LINE I (A MTfkt tl
      402 words
    • 1120 39 HMAT HYUNDA^AERCHANTMARINECOj^TD^^^^^ IMM I HIT I MAM IMV I 00 I IVISSa WYI SOU I 180 IW» AOOT HAM |WN wT" SW HYBOram 314W a/04 14/11 15/10 17/10 20/10 MM 5M WW 11/04 04/W MIAMAMHM 010W 11/10 14/10 24/10 21/11 22/14 31« 07/04 2/tO 04/00 M/ 04 01/10 it LOW
      1,120 words
    • 792 39 norvmppn yndoind outocomw (TtsMSG TO NORTH JWIMW MURM| L Ma "*<*° HtAVYUFT SOVta* fVKStt VOY I RAMP HOGHT !N LAX CRI MU SAV ML Off WTC WW HOI Ttxis —-far 400 imh "Tsi~iw wrwrrwrwTrwrrß7rrwr WIT WTTTOOA mi 4001 m MM 29/10 25/11 04/12 07/12 09/12 11/12 12/12 13/12 11/12 lt/12
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  • Page 40 Advertisements
    • 835 40 MAHOKOK/tIA» TA PWOT/UW CHAMAItO] 4AKAMTA/MANJAMO VESSEL VOY SIN BKK WTP LCH VESSEL VOY SIN JKT""" PJN CHANA BHUM** 37N 20/00 02/10 ACXJADE* 306 In Pt 01/10 XETHA BHUM 282N 29/00 03/10 02/10 VIRA BHUM 2308 In Pt 02/10 01/10 SINO OCEAN OCNII7 30/00 03/10 ANRO OOWA' 062 29/00 03/10 NANTA
      835 words
    • 527 40 INDONESIANAriONAnN^I TO EUROPE IXPBBM QOMM>DtfW9fIFP > 91f> ORRMCdoL.I m IHWM MtMH I MTTWtM I AVf mi M/ 1? I I*ll I OMIT I M/tl TO AUSTRALIA I FULL CONTAINER SCTVICg m wr Ww he m m 1 «A mm. m mmy m tvwmm iwtwm wn AAHBUU MS UK WW WW
      527 words
    • 1089 40 IvMacts vert m jbd I mla leh ham thp wtm zh yixEoctyoMQw vzm aw ono 11/10 17/10 iano ayio ayio »vto VtlE DC MMO6A VMM OBHO WlO 2VIO 2VIO 27/10 27/10 WIO Vai£OCTAWYA TWM IVIO 21/10 2*lo 01/11 04/11 o*ll oa/11 OCVII VXED6TMJRUB A2BW 20/10 28/10 02T11 01/11 o*ll 11/11
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  • Page 41 Advertisements
    • 45 41 Dial74o-6000 Oil GGfTISnG (Retrieve more schedules!) Press-r JCV Select the port and key in the four digit code JjKmr eg: To New York (NYQ 2275 Oh|wL j Key in your fax number your phone number > JT2± The document will be SfflWrosG TeSeS m* faxed toymi^^
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  • Page 43 Advertisements
    • 142 43 I FREE Reader Enquiry Service cut out and Fax to 65-*****29 s 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 advertisement in Shipping Times of a product
      142 words

  • Page 44 Advertisements
    • 605 44 5 SAMCDERA SHIPPING LINE S LAUNCHING NEW SERVICE TO s s 9 HONGKONG i i S SHANGHAI m m 9- Weekly service gg (*<>«/<? SIN-HKG-SHA-HKG-SIN) jg gg FIRST SAILING STARTING J? 3g LAWANTI VOYAGE 1300 gg 30 SPOHjE 29/09/98 EE 3B K BOOKINGS HOTLINE: 222 2941/3 jg I WORASIA I
      605 words
    • 587 44 ENG LH SHIPPING CO PTE VDI I M> SJJM7J Umi) tan SI3MM/S3MVM I ttlw ISMWIIim VfSSfi VOY SM ETA SM ETD Df STMATKM Marco Polo 46 07/98 27/09 29/09 Jakorlo/Suraboya Mono No 42 10/98 27/09 29/09 Jakam Burn Afaadi 14/98 27/09 29/09 Kualo lungkal/Jamhi Union Star 18 10/98 27/09 28/09
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    • 350 44 mggm SIM FAR EAST I 27/09 KEELUNG/KAOHSIUNG 1 27/09 BANGKOK 27/09 MANILA/CEBU 27/09 JAKARTA/BELAWAN/SURABAYA 27/09 PORT KELANG/PENAN6/E. MALAYSIA 29/09 BUSAN I 27/09 TOKYO/YOKO/KOBE/NGO/OSA 27/09 HONG KONG SIM CHIN* (+M#±Mi«o) 27/09 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIM EUROPE/UK 27/09 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIM USA/CANADA 27/09 LOS
      350 words
    • 565 44 rffg Siegopore Soviet Shipptag CFL a lb IOOSMIOOOM k\v WJJ) nMr-o*<s**ry) ahivsnw VESSEL WY SIN BOM PNQ PKL BUXMOON 118N 06/10 13/10 24/10 28/10 KOTA RUKUN RKNOIS 10/10 16/10 29/10 30/10 I KOTARATU RTUO23 16/10 24/10 04/11 06/11 1 l¥Ena WY w CALCUTTA mTI SINAR MALAKA 121 [55/1S 00/10 11/11
      565 words

  • Page 45 Advertisements
    • 610 45 MCC TRANSPORT apm 1 >^?LS S=jff IrpifflT&wlb" S! M/<! 5 5S MiSSbli W. ESS? K S&W I wggL_ Smin S& Sfißip™ fasFlffl Mr™* 1 SCBr BHBI lamon *uR/uSB 10/10 10/10 ano>n o<yio sug u/io mcmnm oo» w/io I Blsg as EH x Jh\« gas. g jknlas II I ANCHOR TRANBPOBT
      610 words
    • 1445 45 ww*— w» I MB I I M— I 11 I hmmnnna I«MIMI Mf I II rw fi= I«—TSSSTI SSLno. «£5 a" k!« K *5 stt! WStt ST 55™ Ssr mUUMAMTTON UMMO M. 0 at A I AW M.W WWB MMS7 IUI ISM HM MM ail UN lIW 11W lIW [mwamomma
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  • Page 46 Advertisements
    • 881 46 I^^Skl^^vo^^si^^^ma^^^siJ^l TIGER BAY 660N 28-3CVO9 04-11/10 1H«fl0 I TIGER ISLAND 061N 0304/10 06-15/10 19-20/10 I TIGER PEARL 662N 07-07/10 12-19/10 24-25/10 I TIGER BRIDGE 653 M 12-13/10 18-23/10 28-2WIO I TIGER BAY 664N 15-18/10 20-25/10 30-31/10 I TIGER ISLAND 6SSN 19-20/10 24-29/10 0304/10 I XPRESS SPORE 267 02-03/10 06-12/10 18-19/10
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    • 689 46 FREIGHT LINKS EXPRESS I T«l: *****66 (60 lino*) Fox: *****33 I-moU: fl*sinO»ingn«t.com.»g lASTIRN IUKOPf KANWWAYIA ITALT/MIPfTIMANIAN WKI/fQYPT VWTIP KINOPOM RoWerdom Genoa Wnmn Southampton Hamburg Arhus Valencia Alexandra London U Havre Copenhogen Barcelona Molta Felixstowe Antwerp Cfcjo la Spezia holionki CANADA AUSTRALIA INfitA MMIUtfl WPAM MAURfTIUS Vancouver Adelaide Karachi Dubo. fckje
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    • 915 46 jOOCL (Sinoopore) Pte lid CFS Keood 79 tow tad 021-04 (5)****** Mi Sl3 *01-129 (X NO **********0 M Ufc 272 7027 rw—mmf W: *****13 Fo 221 3942 Fax:272 712S f //R\V| k/ll Orient Owtmcb Container lint UIRJ/ X If (Moioyva) Sdn Bhd Obg Noc *****2HJ1 off ks4 |PfttUN6 JAVA kfc
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  • Page 47 Miscellaneous
    • 134 47 »Hl B^^HaMIMMkMHHiIHHAHMMnMMHBfI < l. LEGEND: J" K Thunderstorm Temperature .<, A\ A shower Weather Wind direction with speed in knots Rom \~S Cloudy Sky Wove height J Serface win* are mdicoted by orrows which Hy with Hie wind On crci r "Presents cairn or light ond vortoble winds J_ One
      134 words