The Business Times, 1 February 1999
1999-02-01
1
38
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The Business Times
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Title Section14 1999-02-01 1 THE BUSINESS TIMES MITA (P) 046/12/98 85C SINGAPORE Internet http://business-times.asial.com.sg/ MONDAY, FEBRUARY 1, 199914 words
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Article37 1999-02-01 1 WilMPM sn SIM8C1 FimHIES_21tA 4J7 KLSE GOMFI M1.4S 47.11 mm M,«uiu_+M4« BANOSEMQ lyMUH—-8LS JAKABEACOMP.—41 lA MANILA OOMP.—URitt -U8.lt TMPHWPi mu -ana SEOUL COW. S71.a__+*K CLSA CHINA B 487.17 -6.48 AUST ALLOW) VMM DOW JONES MiUL-t-Kll37 words
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Article69 1999-02-01 1 US! 81 U8t 1JM S (1181/81 par S) LM 1781 EURO(USfSS PER B)L141 1JC7 DM 1.714 IM YEN 1(60 l.«T KM UM MIK HI* 7.7# .#.218 EMIT HM—JUH *SStolttaMs pumra SINGAPORE* Ml KUALA LUMPUR 1LM JAKARTA KM BANGKOK 14.71 MANILA 2tM HONONONO Mil TAJPH &M SYDNEY 8.46 TOKYO jtm69 words
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Article, Illustration614 1999-02-01 1 Audrey Tan - Performance of firms continues to improve in Q4, BT-CBRD survey shows By< Audrey Tan [SINGAPORE] The performance of Singapore companies continued to improve in the fourth quarter of last year, suggesting that the worst of the economic downturn may be over, aSource: CBRO - 614 words
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Article, Illustration889 1999-02-01 1 Shoeb Kagda - Debate rages over oseoflBtnipiahfor poverty alleviation From\ Shoeb Kagda in Jakarta DIFFERENCES over how money allocated under Indonesia's social safety net programmes is to be spent are blocking the implementation of the schemes to help the poor, further fanning the country'sFILE PHOTO - 889 words
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244 1999-02-01 1 Tariff-free transmission*, Net privacy on agenda AFP [LONDON] British Prime Minister Tony Blair and US Vice-President A 1 Gore on Saturday announced a new drive to boost transatlantic commerce via the Internet. Meeting at Mr Blair's London office at 10 DowningAFP - 244 words
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Article, Illustration439 1999-02-01 1 They see need to tighten economy if it doesn't slow down on its own; magazine Reuters, NYT [NEW YORK] Some Federal Reserve policy-makers are questioning the wisdom of their decision to cut interest rates in November, given the subsequent surge in stockReuters,; NYT - 439 words
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189 1999-02-01 1 AFP [TOKYO] Japan plans to boost its rescue package for crisis-hit Asia from the current US$3O billion (5550.6 billion) ceiling as demands for the Japanese aid scheme are growing, a dally reported yesterday. Japan has already approved requests for a total of US$l2.B billionAFP - 189 words
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Page 1 Advertisements
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Advertisement127 1999-02-01 1 IMHUIM Qrealhahaahsa «*alf*rt> Creative Technology chairman Sim Wong Hoo has this underlying message tor analysts seeking dues on the group's longer-term fixture: look beyond the numbers into a new horizon of personal digital entertainment. Pais WSm Itai chaaftoM Yevgeny Kafelnikov and Martina Hingis share the secret to winning grand slams,127 words
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Advertisement97 1999-02-01 1 Fed seen holding interest rates steady, Pg 5 One in 5 firms may lay off staff this year, Pg 2 T&efazfa/ Ks GENEVE J trfg/iuM ys&tf ■V. I The new L.U.C h\ u 'l£ Heir to a proud watchmaking tradition IN SINGAPORE: Chopart! Boutique, 435 Orchard Road no. 02-36, Wisma97 words
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SINGAPORE AT HOME & ABROAD
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412 1999-02-01 2 Audrey Tan - Retrenchment most likely in small local firms, manufacturing sector By, Audrey Tan JOB retrenchments are likely to be a continuing theme in 1999, as one in five firms surveyed said they may lay off staff this year. In412 words
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Article, Illustration529 1999-02-01 2 Soh Tiang Keng - By\ Soh Tiang Keng ETHNIC discrimination by employers in hiring staff is a diminishing problem in Singapore, Deputy Prime Minister Lee Hsien Loong said yesterday. With today's modern outfits and modern management, firms and employers adopting such a practice will AndKEN TAY/ST - 529 words
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Article, Illustration351 1999-02-01 2 Marissa Chew - EWE OM THE ECONOMY Commerce By Marissa Chew AS if hotels are not suffering enough from lower occupancies and rate cuts amid the downturn, their guests are also spending less on food and beverages (F&B). Each hotel guest spent an average of $32.38 lastSource: MAS - 351 words
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346 1999-02-01 2 Rahita Elias - By Rahita Elias SINGAPORE'S third university, the Singapore Management University (SMU), is discussing with the London Business School (LBS) on possible areas of cooperation which could lead to the launch of various joint programmes here and in the UK. Professor John346 words
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Page 2 Advertisements
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Advertisement215 1999-02-01 2 Q Km— EE Reliability around the world. H fast reuable convenience Thanks to our computer Western Union has been in Today with SO.OOO agent network that links all our the business of transferring locations spanning over H offices worldwide, your money around the globe for 160 countries worldwide, Q. money215 words
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Advertisement332 1999-02-01 2 SOUTHERN ILLINOIS UNIVERSITY Carbondale, Illinois, USA American MBA Internationally Accredited by AACSB Fully Accredited by NCACS 2nd Intake in Singapore Suiting May *99 100% taught by University's professors 18 months only; 11 modules; 495 contact hours Ioq% j n Singapore Management Education Centre One of America's top 10 9^7?17^^^550 *****3332 words
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REGION
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581 1999-02-01 3 BEIJING Bank of China to move its entire forex operations to the territory AFP ONE of China's leading banks has drawn up plans to move its foreign-exchange operations to Hongkong as Beijing steps up efforts to keep open an importantAFP - 581 words
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430 1999-02-01 3 ANWAR'S TRIAL Reuters [KUALA LUMPUR] The trial of Malaysia's ousted finance minister Anwar Ibrahim has entered a highly charged political phase, pitting the leader turned dissident against Prime Minister Mahathir Mohamad and his cabinet. With the judge's ruling on Saturday that Anwar hasReuters - 430 words
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269 1999-02-01 3 TAIPEI Service tentatively set to be launched in May Reuters, Bridge News TAIWAN may allow foreign passenger liners to operate services between the Island and arch-rival China as early as May, local news media said yesterday. Taiwan's transport ministry has decided in principleReuters,; Bridge News - 269 words
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316 1999-02-01 3 KUALA LUMPUR Passing motorists sound car horns in show of support Reuters MORE than 500 people led by Malaysian opposition parties demonstrated in the capital yesterday against an increase in toll-road rates. They gathered at a number of toll plazas inReuters - 316 words
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Page 3 Advertisements
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Advertisement131 1999-02-01 3 AT THE ASCOTT, YOU'LL FIND THE PRICE OF LUXURY MOST ATTRACTIVE. (IT'S THE BEST VALU E-FO R- LUXU RY IN TOWN!) The Ascott Serviced Residences will make your visit one to remember. i At our well-appointed apartments in the heart of London, Singapore, A Jakarta, Bangkok and Kuala Lumpur, you131 words
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ASIA'S ECONOMIC SLUMP
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540 1999-02-01 4 Move to jump-start growth hailed as 'superb news'; stocks likely to get a boost Reuters [MANILA] The Philippines announced cuts to official interest rates and loosened the reins on its banks yesterday to jump-start economic growth after a year of contraction. The centralReuters - 540 words
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303 1999-02-01 4 Bernama [KUALA LUMPUR] Malaysian will not hesitate to close down any bank in the country proven to be unviable, said Danamodal Nasional Bhd managing director Mohamed Daud Dol Moin last night. "In dealing with whether banks are allowed to fail, we Danamodal and BankBernama - 303 words
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Article, Illustration858 1999-02-01 4 Vikram Khanna - CRISIS WATCH Govts and to By Vikram Khanna AFTER Asia's economic meltdown of 1997 and 1998, this should be the year of the great corporate shakeup, say the experts. Whereas the last eighteen months have seen macroeconomic mayhem, a lot of the858 words
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263 1999-02-01 4 Reuters, AFP [TAlPEl] TAIWAN will appropriate NT$5 billion (*****.7 million) from a government fund to help finance local small and medium companies in the face of the global economic slowdown, economics ministry officials said yesterday. "The fund will be used to helpReuters,; AFP - 263 words
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Page 4 Advertisements
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Advertisement612 1999-02-01 4 The Institute of Certified Public Accountants of Singapore (ICPAS) is looking for a suitable candidate to fill the post of: TECHNICAL MANAGER The duties of the successful candidate will include the following: Co-ordinate the technical activities of the Institute which include but are not limited to accounting, auditing and taxation;612 words
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REGION/WORLD
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250 1999-02-01 5 MUNICH Crises in Russia, Asia, Latin America will weigh on exports AFP ECONOMIC growth in Western Europe is expected to shrink to 2 per cent in 1999, down from 2.8 per cent last year, the German economic institute Ifo forecastAFP - 250 words
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Article, Illustration288 1999-02-01 5 NEW DELHI Hindu minister, Maharashtra chief minister quit AFP THE Indian government suffered a double blow on Saturday with news of the resignation of a cabinet minister and the chief minister of a provincial administration. Madan Lai Khurana, a top Hindu nationalist politician, resigned fromAFP - 288 words
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434 1999-02-01 5 NEWDELHI AFP THE Indian government yesterday announced a steep increase in the price of cooking gas as it ruled out a roll back in subsidy cuts on foodgrains and fertiliser to contain a ballooning fiscal deficit. A governmentAFP - 434 words
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565 1999-02-01 5 WELLINGTON Old guard replaced; Health Minister Bill English takes np post of treasurer in Jane AFP, Reuters NEW Zealand's Prime Minister Jenny Shipley yesterday announced a cabinet reshuffle with Health Minister Bill English stepping up to the finance portfolioAFP,; Reuters - 565 words
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284 1999-02-01 5 LONDON Bloomberg IT'S been a disappointing first month for the euro, with Europe's common currency losing 2.6 per cent of its value against the dollar and confounding analysts' expectations for a strong start. From an initial rate of about U551.1670 when it beganBloomberg - 284 words
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589 1999-02-01 5 CLDnWS IMPEACHMENT TRIAL Impact of move on nation and govt being considered NYT [WASHINGTON] The independent counsel, Kenneth Starr, has concluded that he has the constitutional authority to seek a grand jury indictment of President Bill Clinton before he leaves the WhiteNYT - 589 words
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420 1999-02-01 5 BEIJING Changes give private sector key role in socialist economy Reuters PRESIDENT Jiang Zemin has thrown strong support behind landmark revisions to China's constitution which would enshrine a key role for private enterprises in the country's socialist economy, state media said yesterday. The amendments, proposedReuters - 420 words
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455 1999-02-01 5 WASHINGTON Jobs in abundance, manufacturing seen to rebound Bloomberg. THE Federal Reserve eyeing an economy with low unemployment, low inflation, and vigorous growth will hold interest rates steady at its first meeting of the year this week, analysts said. "I don't see why oneBloomberg. - 455 words
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WORLD ECONOMIC FORUM
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419 1999-02-01 6 Devaluation would unsettle Hongkong and raise country's trade payments Mil The Straits Times [DAVOS] China is unlikely to want to devalue its currency, because doing so would unsettle the Hongkong economy as well as increase its own trade payments bill. PredictingThe Straits Times - 419 words
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Article, Illustration360 1999-02-01 6 No finalised |»bui to lift controls before Sept date set earlier The Straits Times Bernama [DAVOS] Foreigners are now less confused by Malaysia's currency controls. Malaysian Prime Minister Mahathir Mohamad said. He told a press conference here, where he is attending the World EconomicThe Straits Times; Bernama - 360 words
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527 1999-02-01 6 No for«x flexibility in pegging a currency totheUSdoDar Reuters [DAVOS, Switzerland] Tying a country's currency to the dollar isn't a cure-all, expats said last Friday as they took stock of global markets after recent shocks. "Dollarisation" substituting the dollar for a country's ownReuters - 527 words
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393 1999-02-01 6 Implement to setup facility for preventive lending he says Reuters [DAVOS] International investor George Soros called for the Group of Seven (G7) and the International Monetary Fund (IMF) to take further steps towards resolving financial problems in Brazil. Speaking onReuters - 393 words
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Page 6 Advertisements
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Advertisement153 1999-02-01 6 NTT. On duty. 24 hours a day. 365 days a year. y\f c j- Global telecommunications. The developments are coming so fast, it's hard to keep up with the changes. Fortunately, now there's one answer: NTT— Jf a participating member of Star Hub in Singapore. Under the brand name of153 words
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Page 7 Advertisements
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Advertisement226 1999-02-01 7 Your Business Partner in Asia, the Pacific Rim and the world. Our commitment to Asia More than 50 years ago, Bank of America made a visionary commitment to help finance Asia's development, and built a network to do it. Today, our commitment is stronger than ever: With offices in 25226 words
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BUSINESS IT
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Article, Illustration618 1999-02-01 8 Toh Han Shih - Tlie two top sellers arelnlisandan Internet service providing property tax valuation By Toh Han Shih [SINGAPORE] Some of the most successful e-commerce merchants on the Internet in Singapore are government agencies. And what draws the most customers is, not surprisingly, property. According to Sang618 words
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222 1999-02-01 8 Reuters PALO ALTO, California] Hewlett-Packard Co last Friday said that it will be the first computer maker to sell Oracle Corp's 8i database software program preloaded with some of the computers it sells to large businesses. The two companies will also collaborateReuters - 222 words
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Article, Illustration518 1999-02-01 8 Kenneth James - Bj>gBnn«l bOSB II6S H&yman's target comes on the back of strong 1998 growth By] Kenneth James [SINGAPORE] As president and CEO of SAP South AsiaPacific, Les Hayman runs one of the software powerhouse's fastest-growing territories, and he isn't letting his people518 words
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Article, Illustration640 1999-02-01 9 Kenneth James - SES-listed giant will help with production as well as marketing, sales and support By Kenneth James [SINGAPORE] It's all systems go for Data Mark Technologies, a high-tech startup founded by two lecturers of the Nanyang Technological University, following a vote of confidenceARTHUR LEE - 640 words
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395 1999-02-01 9 Toh Han Shih - US Internet firm also launches slew of Net products •By* Toh Han Shih r [SINGAPORE] Broad Vision, a US Internet firm, has set up its Asean headquarters in Singa.pore and launched a slew of Internet products for the local >and regional market. Broad395 words
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IT TAKES
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Article92 1999-02-01 9 [SINGAPORE} Calling all Trade Net users. The Trade Development Board is urging all users of this pace-setting EDI (Electronic Data Interchange) system of trade administration to upgrade quickly to Version 2.0 of the software. TDB says the current Version 1.8 will be terminated from March 1. Upgrading now92 words
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Article54 1999-02-01 9 [SINGAPORE} IBM and Quorum Growth (Asia) will be organising a seminar on WebPLAN, an Advanced Planning and Scheduling (APS) system. APS systems are planning tools used in discrete manufacturing. The seminar will be held on Wednesday at IBM Towers, 80 Anson Road. For enquiries, contact Yuh Woei at54 words
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Article64 1999-02-01 9 [SINGAPORE] Ron Sege, senior vice-president and general manager of the enterprise business unit erf 3Com Corporation, will leave 3Com on Thursday to pursue the next phase of his career. Mr Sege will Join Lycos Inc, a Web media company. Edgar Masrl, currently senior vice-president of64 words
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48 1999-02-01 9 Toh Han Shih - -OoapOadkjr' Toh Han Shih [SINGAPORE} Oracle Systems Singapore has appointed Azure Technologies as an Enterprise Value-Added Distributor for Oracle database, tools, electronic commerce and business intelligence solutions in Singapore. Azure will focus on the General Business market, Oracle's term for small and mid-sized companies.48 words
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351 1999-02-01 10 Raju Chellam - Intel's new mobile Pentium II and Celeron chips debnt for notebook PCs By] Raju Chellam [SINGAPORE] Dell Computer Corp was last week the first vendor to announce new notebook models running on Intel's new mobile Pentium II and Celeron processors. Dell's351 words
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ON THE SHELF
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Article, Illustration101 1999-02-01 10 HEWLETT-PACKARD has introduced its new Omnißook 900 range of notebook PCs (above) that features "a footprint the size of a sheet of notebook paper and a slim profile of 1.26 inches". The notebooks offer a large display, full-size keyboard and dual pointing devices. Street prices for the101 words
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Article85 1999-02-01 10 ACER Computer International has launched its new Travel Mate notebook PC running Intel's Pentium II processors at 300,333 and 366 MHz. The models come with a large 14.1-inch TFT XGA display, 10 GB removeabie hard disk and a swap bay that can run either CD-ROM, DVD,85 words
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73 1999-02-01 10 A NEW 32-bit software for keeping corporate records, minutes of meetings, resolutions and director details is available now. Called Viewpoint 4000, it works with Microsoft Access, SQL Server or Oracle as the database. It is marketed here by Exemplar Management Pte Ltd. Prices start at73 words
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Article92 1999-02-01 10 MACROMEDIA Inc will include Intel Web Design Effects (WDE) software with Macromedia's Director 7 Shockwave Internet Studio (SIS), a major upgrade to its authoring software. The Shockwave 7 Web player is also available for download free at www.macromedia.com. WDE lets Web-page developers apply realistic moving effects92 words
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61 1999-02-01 10 DIAMOND Multimedia Systems is now shipping its new Monster Sound MX3OO audio accelerator card. It is ideal for PC gaming and entertainment enthusiasts and comes with the latest Dolby Digital support and interactive positional 3D audio rendering technology. A retail pack, including a software bundle with61 words
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Article88 1999-02-01 10 FORTRES Grand Corp's Fortres 101 version 4.0, a desktop security software that stops malicious users from installing software, accessing restricted files and changing settings, is now available here. The software provides total security for Win 95/98/ NT workstation for files and software management, and lets system88 words
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80 1999-02-01 10 Raju Chellam - -Compiled by Raju Chellam IN FOCUS Systems is ready with LP7SO data/video projector that weighs 4.4 kg and "at 32 decibels, is the quietest projector in the industry". It offers 800 lumen brightness and comes with an additional 15-pin data connector, zoom lens and80 words
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Article, Illustration435 1999-02-01 10 Justyn Olby - Service programme is designed to help customers manage technological change, company says By, Justyn Olby [SINGAPORE] Compaq Singapore last week launched its latest series of desktop and notebook computers and underlined its focus on the customer with a package of val-ue-added services. Network435 words
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Article, Illustration395 1999-02-01 10 Marissa Chew - Company to also increase technical and sales staff in laseijet business By\ Marissa Chew [SINGAPORE] HewlettPackard will launch its leasing programme for printers here soon, its vice-president and group marketing manager for laserjet solutions, Lee Ray Massey, said. It will also increase395 words
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Article, Illustration252 1999-02-01 10 [SINGAPORE] Companies doing business on the Web can now communicate live with their customers, using one-to-one text chat. The product is called Owl Text Telephony and is offered by home-grown Rising Trout Productions Pte Ltd, which licensed the technology from developer Kent Ridge252 words
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261 1999-02-01 10 Bloomberg {ARMONK, New York] International Business Machines Corp, the world's largest computer company, will introduce software that displays graphics on cash registers and lets customers shop over the Internet. Pictures of store items pop up on cash registers that run IBM's new versionBloomberg - 261 words
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222 1999-02-01 10 Reuters [NEW YORK] Two major computer makers, HewlettPackard Company and Silicon Graphics Inc, are to sup- port the free software product Linux operating system, the Wall Street Journal said last Wednesday. The companies said they will begin providing Linux as anReuters - 222 words
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434 1999-02-01 10 Eugene Low - Choose items from e-c&t&logne on web Office's virtual storefront By] Eugene Low [SINGAPORE] Spending time and effort to order office supplies might well be a thing of the past with the launch of web Office a virtual office supplies store today.434 words
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Page 8 Advertisements
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Advertisement699 1999-02-01 8 No Mri' PwdMi* N PnntMf JMMNi wttfi 254K8 On-dle L 2 Cache Thr big picture: 14.1" XCA Active Matrix Cataar luggle multiple tasks MM SDRAM tStf The whole office 4.0C8 ItmotiMt Ultra ATA EXSfe.VHard Drive J| HmS&I -3KSI M< "9«<*" m n Modular Combo CO ROM Drtvt k B 1.44M8699 words
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Advertisement352 1999-02-01 8 I KPMGStminarSerics Don't gel the IRBA tax form wrong! Wednesday, 10 February 1999,2.00pm to 5.45pm, Orchard Hotel, Singapore What The Form IRBA for 1998 is due on 1 March 1999 and preparing the form wrongly can get your organisation into trouble. The complicated rules do not make the task any352 words
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Page 9 Advertisements
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Advertisement332 1999-02-01 9 To reach your business goals quicker in the Year of the Rabbit, 4 I Rapidly adapt to change 431The Oracle Application Solution for Mid-Sized Companies 1% n Increase operational efficiency hop down to the Marriott on February 10 Looking for a more efficient way of doing business? Oracle Oracle Applications332 words
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Page 10 Advertisements
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Advertisement18 1999-02-01 10 Buy It. Sell It. Find It. Classified, w Call Today For Results Tomorrow. I c a. t 118 words
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EXECUTIVE LIFESTYLE
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Article, Illustration465 1999-02-01 11 Chua Soo Pong - DANCE A pleasing collaboration by artistes from varied backgrounds By< Chua Soo Pong [SINGAPORE] Cultural distance is an attraction that often draws artistes from different backgrounds together to experiment with new ideas. Frontier Danceland's New Dance Lab in. Writings On The Walls, was one suchFILE PHOTO - 465 words
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Page 11 Advertisements
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Advertisement508 1999-02-01 11 Where to wine, dine and entertain...^' <ttss£& PH^ 4 1 Set lunch start! at only jL which includes free flow of Barley or Ice-iemon tea. wrhnie Seafood Fettuccini, Deep Fried Seafood and a brand new a-la-carte menu. CALL; 330 3585 OR 330 3590 FOR RESERVATIONS C^ON 76 Bras Basalt Road,508 words
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Advertisement130 1999-02-01 11 Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays lop noon to 2.30pm (last order) Price: $28+++ Reservations: *****58/88 Mandarin Qjj Suuj^porr 333 Orchard Road, Singapore *****7. Tel: *****11 Thg R«+ of llif from 2S" +o 7 February Due to overwhelming demand, we'ri130 words
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Page 11 Miscellaneous
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Miscellaneous826 1999-02-01 11 CRYPTIC CROSSWORD 13 There's no call to stamp, the 15 Army personnel hate delay (7) 31 Duplicating expensive? Too bad!! (4,4) DOWN 14 Faced up-river and stood still SATURDAY'S SOLUTION 1 Inspect the damaged arches laIULIONMEIdMBI I Oll^Fdl (6) 17 Journalist giving heartless IMaBamePBIIIEMgPBo 2 A table craftily positioned? (6)826 words
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SPORTS
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Article, Illustration957 1999-02-01 12 Philippe Naughton - Kafelnikov and Hingis share the secret to winning grand slams By Philippe Naughton Reuters [MELBOURNE] Leo Tolstoy would have known what to say if he'd been a tennis writer: grand slam champions tend to resemble one another; grand slam losers lose in their own individual ways. ThatReuters; Photos by REUTERS and AFP - 957 words
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Page 12 Advertisements
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Advertisement85 1999-02-01 12 iyu>l THE WORLD S LEADING OFFSHORE COMPAIUY AND TAX PLANNING SPECIALISTS P I Incorporation Fees from USSSOO Jk£ BAHAMAS JERSEY BRITISH VIRGIN MAURITIUS ISLANDS 4 CAYMAN SEYCHELLES ISLANDS SAMOA IRELAND LION CITY HOTEL THE SENSIBLE HOTEL Comfort Convenience Affordable pPj|l PROMOTION r ~j Occupon<y) PEQs42li Std Supmior Room M fay85 words
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Advertisement36 1999-02-01 12 VALUE-FOR-MONEY Semi Buffet Set Meal Free flow of soup, premium coffee or tea and desserts. LION CITY HOTEL 15 Tanjong Katong Road, Singapore *****0 Tel: 744 8111 Fax: 748 7622 J^baq II Esrair^irasi WEmansaa&MmaißM "*1*1" I36 words
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Advertisement127 1999-02-01 12 f all these when OR lustthlVP The St arts T trrws w «rlcly Edition provides you a crisp summary ol every weeks major news break reported in I The Straits Times about Singapore and Asean. Covering news from local politicv business and economy to general interest news and sportv it127 words
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COMPANIES & MARKETS
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800 1999-02-01 13 Jennifer Lien - 19% fall in net profit to USs6o.6m, from USs7sm before one-time charges By Jennifer Lien [SINGAPORE] While the Latin American and Asian crises may cause Creative Technology's sales to drop up to 15 per cent this quarter, chairman Sim Wong Hoo has this800 words
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Article, Illustration775 1999-02-01 13 Quak Hiang Whai - HAMO SENG DfSZOHT Oversold H-sh&res and red chips could have room to rise By Quak Hiang Whai CHINA-linked counters are looking pretty attractive for the true-blue contrarian. Just as Marc Mobius singled out the "most bombed out" country Indonesia as the Asian775 words
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Page 13 Advertisements
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Advertisement170 1999-02-01 13 j I Y 9 Information and communications technology is getting smarter all the time. See the world changing at CeBIT 99. Owww.cebit.de Information Technology Discover everything you ever wanted Networt Computing to know about innovative technology's Automatic Data Capture o>>s •d tailor mode solutions Develooment Deiian Pmdurfan PUnninn S<mply book170 words
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Advertisement22 1999-02-01 13 WW A w w jk TLI* jJ Jt JH Mis at 1 -fl Bk m 1 Bfe., hr I E-mail: econ_av®paclflc.net.sg http://www.ccon.com.sg/econav.htfn22 words
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REGIONAL COMPANIES
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313 1999-02-01 14 US firm impressed with pace of progress in banking sector restructuring Reuters [KJJALA LUMPUR] Goldman Sachs Investment Research said it has raised its ratings of Malaysia's banking sector in general and Public Bank Bhd in particular. "There has been significant progress on banking sectorReuters - 313 words
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536 1999-02-01 14 Hefty provisions for bad debt, property values, stock losses Reuters [HONGKONG] Hongkong blue chips suffered the most dramatic fall in earnings seen in at least two decades last year due to hefty provisions for bad debt, property values and stock investments,Reuters - 536 words
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Article, Illustration102 1999-02-01 14 [TOKYO] Bargain-hunters yesterday searching for shoes at the Tokyu Department Store'sflagship branch in the exclusive Nihonbashi shopping district of Tokyo. It was the last day of business at the 40-year-old store and more than 6,oooshoppers queued up for the massive clearance sale. Tokyu decided to sellREUTERS - 102 words
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415 1999-02-01 14 Bloomberg [HONGKONG] Cable Wireless pic, the UK's No 2 phone company, won't sell any more of its 54 per cent stake in Hong Kong Telecommunications Ltd to China until the government opens China's telecommunications industry to foreign competition. C&W sold 5.5 per centBloomberg - 415 words
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172 1999-02-01 14 AFP [HONGKONG] Hongkong's New World Telephone Group has laid off 130 employees from its paging operation and shifted the jobs to the mainland in a process that has alarmed unions here, reports said yesterday. New World Paging plans to contract its operation toAFP - 172 words
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343 1999-02-01 14 Reuters [KUALA LUMPUR] Malaysia's MBf Holdings Bhd said yesterday it plans to restructure debts totalling 1.328 billion Malaysian ringgit (Sss9o million) in a scheme which would also involve a capital reduction and two acquisitions of subsidiaries. The financial services and property firm,Reuters - 343 words
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162 1999-02-01 14 Reuters [DUBLIN] US company Apple Computer Inc is expected to announce cuts of up to 600 jobs at its plant at Cork in south-west Ireland this week, the Sunday Business Post said. The jobs were expected to go as a result ofReuters - 162 words
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COMPANY Briefs
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43 1999-02-01 14 (SINGAPORE] Freight Links Express Holdings (FLEH) has reduced its interest in Trailer Singapore Pte Ltd from 70 per cent to 45 per cent This reduction was done through the sale 0f750,000 shares in Trailer Singapore for $761,925.43 words
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60 1999-02-01 14 [SINGAPORE] Merrill Lynch International and Co's 15 million call warrants based on a basket of Singapore bank stocks will be listed and quoted on the Stock Exchange of Singapore today. Trading will be on a ready I basis. The issue price for each warrant60 words
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Page 14 Advertisements
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Advertisement145 1999-02-01 14 AAA W lip THE SYMBOL OF FINANCIAL STRENGTH I I In a business of relationships I 1 the all the difference. Silk W* a global company with an 80 year its promises and providing Hpik innovative product solutions for the most demanding needs. AIA-AIG s one of the strongest assets145 words
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Advertisement252 1999-02-01 14 /nv*sfm*nf Opportunities And Options U||U|||U|G ORHn^U Diifp SATURDAY, SPEAKERS: 6 FEBRUARY, 1999 Lim Eng Hai. Director of Research, J M Sassoon Time Where now for the Singapore stockmarket? 9.00 AM I.OOPM John Doyle, Research Analyst, Salomon Smith Barney Vc IIIIC I s the worst over for banking stocks MARINA MANDARIN252 words
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Advertisement13 1999-02-01 14 Sunday Classified -£l fl* 5 at Clarke Quay \c*tx\ Every Sunday. 9«m spm13 words
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INTERNATIONAL COMPANIES
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480 1999-02-01 15 News likely to spark frenzy of merger speculation in French banking Reuters [PARIS] France's banking sector looks set for another bout of frenzied merger speculation after a weekend media report of wedding talks between Societe Generale and Paribas, two of the country'sReuters - 480 words
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176 1999-02-01 15 Bloomberg [LONDON] British Telecommunications pic, the No 1 UK phone company, and AT&T Corp, the No 1 US long-distance company, are considering a transatlantic rtiobile phone link to challenge Vodafone Group pic's planned takeover of AirTouch Communications Inc. British Telecom's chief executive Peter Bonfield saidBloomberg - 176 words
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443 1999-02-01 15 Surging volumes lead to system glitches, worry regulators Reuters [NEW YORK] Investors funnelled a record number of trades through the Internet in the fourth quarter of 1998, but ballooning trading volumes are causing many glitches and are starting to worry regulators.Reuters - 443 words
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Article, Illustration48 1999-02-01 15 [HELSINKI] Jorma Ollila, chief executive of Finnish telecoms equipment maker Nokia, addressing a news conference here on Friday. He said competition in the booming wireless communications market will get tougher this year, but Nokia will keep it edge over rivals with new product launches. REUTERSREUTERS - 48 words
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527 1999-02-01 15 Falling sales, job cuts at Rover hurt German carmaker Bloomberg [MUNICH] Bayerische Motoren Werke (BMW), a German luxury carmaker, said 1998 earnings fell as a result of declining sales and the cost of job cuts at its unprofitableBloomberg - 527 words
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Page 15 Advertisements
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Advertisement109 1999-02-01 15 (A» Uf/u^g/ai* to our customers, business associates and staff. Wfc could not have achieved such success without your great support. A» v Top Business Partner 1998 For IBM RS/6000 v' Top Business Partner 1998 For IBM SSD v 7 v Azure Technologies is the authorised distributor for IBM AS/400, RS/6000,109 words
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Advertisement183 1999-02-01 15 •atw.vdM V'IS A W to our customers, business associates and staff. We could not have achieved such j *_> >:-: success without your great support. ft— <', HBiiSMiil For the fourth consecutive year, we are pleased to announce that we have once again been awarded > a/is&S V x ■">183 words
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FINANCE & COMMODITIES
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92 1999-02-01 16 Nikkei [TOKYO] Nomura Securities Co has begun negotiations with several financial institutions to sell its holdings of Kokusai Securities Co, a NomuZ ra affiliate, financial sources said here on Saturday. The move is aimed at improving Nomura's finances and realigning the Nomura group,Nikkei - 92 words
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163 1999-02-01 16 Bloomberg fDAVOS] Deutsche Bank AG, v fcurope's second largest bank, js on. track to complete its J USslo.l billion (5517.1 billion) acquisition of Bankers Trust Corp in April or May, said ..chief executive Rolf Breuer. "There are no difficulties," Mr Breuer said in anBloomberg - 163 words
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388 1999-02-01 16 ISkS m I fr. IOCATNE NUMBER MOOLEPWXS COUPON MEREST OF DAYS OF (EXCUJOMG flWQM MATURITY p MWSB> BHE I MOM PAYMWT ACCRUE ACCRUED RBXWTKM 3H&O3 MKST MEREST) WUtyftM) OI-Qg-1999 jj»H0W 1994 31/8 850tA 1/2 1/8 183 100.00 4 3.06 •01-03-1999 LOW 1388 words
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353 1999-02-01 16 French insurance group expected to complete acquisition talks by weekend Reuters [LONDON] French insurance group Axa is likely to announce details of a £3.5 billion (559.7 billion) takeover of British insurer Guardian Royal Exchange (GRE) today, the Sunday Telegraph newspaper said.Reuters - 353 words
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289 1999-02-01 16 Lower rates than bigger lenders prove effective Bloomberg [EDINBURGH] Standard Life Assurance Co, Europe's largest mutually owned insurer, says its banking unit captured about half the market for new mortgages in the UK in its first month of doing business. "We thinkBloomberg - 289 words
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205 1999-02-01 16 Pilgrim to buy NicholasApplegate funds Bloomberg [PHOENIX] Pilgrim America Capital Corp, which manages US$5.6 billion (559.5 billion), says it is buying the mutual funds of Nicholas-Applegate Capital Management LP for U5522.5 million, adding about US$l.4 billion in assets. Phoenix-based Pilgrim America said last Friday that it would change the nameBloomberg - 205 words
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156 1999-02-01 16 Dow Jones Newswire [TOKYO] Fifty-eight Japanese regional banks are jointly establishing a system for credit risk management, aiming to get an accurate picture of loan losses and defaults on debt payments by borrowers, industry sources told the Kyodo news service. The move is in lineDow Jones Newswire - 156 words
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Article, Illustration1313 1999-02-01 16 PRIME LBMPIMQ RATES 9m 31 ABN Aaro Bonk NV 5V« ABSABonklMM 4V4 AfrtataraltartOfCNM _6 AMZBonttnoCro* AMo4M*io**C 5 AmoriconbprasBonfc 4 Aral Bonkhf Corp 7W Aral Bank PIC—, S* AsoMBonkltt 4V4 4* MlovoroSPA 7*4 Banco* Brad SA .tv* Bon#okBook 4v* BookAntfrtoClAC __$v* tanktartonltt 7 *11 ■■>■! 7V» Booktanlptfii IH taokof AmortcaNTfiSA 51,313 words
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Page 16 Advertisements
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Advertisement289 1999-02-01 16 In Singapore World Trade Centre, Hall 3 A, 3 7 February 1999 Opening hours: 10.00 a.m. -10.00 p.m.; Saturday Sunday: 10.00 a.m. -11.00 p.m. INVITATION We cordially invite all buyers, traders, shop owners, buying agents, wholesalers, importers/ exporters, merchandising/purchasing managers from department stores, supermarkets, hotels, and restaurants to visit our289 words
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COMMODITIES & FUTURES
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Article, Illustration536 1999-02-01 17 Hiroko Komiya - r>iwri» Weekly Roundup Hiroko Komiya MMS International This report does not constitute a solicitation to invest in any currency or Simex product. (SINGAPORE] Aside from developments in Brazil and related emerging markets, eyes this week will be on the US Federal Open Market Committee's two-day meeting536 words
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Article, Illustration814 1999-02-01 17 COMMODITY Weejclyßoundup AFP [LONDON] Copper and aluminium prices slumped under the weight of a massive build-up in market reserves and a general sense of gloom on the base metals market sparked by fears of reduced economic growth around the world. CopperAFP; Source: Bloomberg - 814 words
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Article1392 1999-02-01 17 81 COM k u l uaBS Jan 29 dm Mm Opm u» (twww) Irtrtit WW rim tso teft H3J0 ***** 114.50 225 1)00 H5.50 950 1*00 625 £S£~ ***** 250 123.00 600 KS3C0RT1ACT (UScMti/ty mh, OBM HN? l*« S#tt (twww) Nrtftrt J*9§ 66.25 66.25 65.50 60 550 **991,392 words
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MARKET REVIEWS
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301 1999-02-01 18 HONGKONG AFP HONGKONG bank results are likely to dominate trading on the stock exchange in the week ahead, with most analysts predicting further falls unless any pleasant surprises emerge. The blue chip Hang Seng Index ended the week at 9,506.9, down 2.4AFP - 301 words
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Article, Illustration516 1999-02-01 18 NEW YORK 53% of companies which have reported so far have surpassed analysts' expectations Bloomberg HALFWAY through the fourth-quarter earnings reporting season, analysts and investors say they are pleasantly surprised by most company reports and that may push stock prices higher in comingBloomberg; FILE PHOTO - 516 words
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398 1999-02-01 18 LONDON AFP THE London market cast off early concerns over Brazil and China last week to end slightly higher in line with the powerhouse US market. The FT-SE 100 Index of leading shares rose by 0.59 per cent to 5,896 points. The marketAFP - 398 words
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371 1999-02-01 18 TOKYO AFP TOKYO shares are expected to extend their gains in the coming week, with the yen's recent weakness easing concerns about export earnings and corporate profits, analysts said. After posting strong gains during the week to Friday, the key Nikkei 225 indexAFP - 371 words
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Article896 1999-02-01 18 Q Sydney HM AUSTRALIAN shares could take a breather in the week ahead after recent strong gains on a wave of investor interest in blue chips, brokers said. The Australian Stock Exchange's main indicator, the All Ordinaries Index, closed the week on Friday at 2,893.8, up 45.4896 words
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Article1445 1999-02-01 18 HP»ri« ****** PARIS stocks closed up 1.2 per cent at the end of a volatile session on Friday. The CAC-40 index ended up 1.24 per cent, or 52.13 points, at 4,251.80. On the week the index was up 232.47 points. Pft-Mkfart +172J8 The Frankfurt stock market finished1,445 words
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KUALA LUMPUR STOCK MARKET
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Article8430 1999-02-01 19 Cmsmmt pnteti l«M Last Vol MM Net Cap HNfc L— Ceaop—y tale •OOP MH» Leer P/l M 310 292 AUnometo 300 unch 5 300 300 1*.* 1216 •3 72.5 Aug*<u 73 -7 221 80 72.5 >07.6 2*3 250 ApodoFoodMg 250 -32 25 275 250 X7 100.0 204 178 BerjeyeLand Ml8,430 words
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325 1999-02-01 19 AFP, Bernama Composite Index -27 J1 MALAYSIAN stocks are headed for lacklustre trading in the coming days on a lack of buying incentives after falling 4.4 per cent in the week to Friday, analysts said. The Kuala Lumpur Stock Exchange Composite Index plunged 27.11AFP,; Bernama - 325 words
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Page 19 Advertisements
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Advertisement100 1999-02-01 19 NOTICE IS HEREBY GIVEN that I, CHIAM HENG FONG of 28 Clover Ave Singapore *****3, have applied for a Public House, 2nd Class Licence in respect of M/s Costa Rhu Cafe located at 7 Rhu Cross Singapore *****5, and that this application will be considered by the Liquors Licensing Board100 words
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Advertisement15 1999-02-01 19 Itnprtts your <£©£/? friends with i«terii*i#9 snippet. RmJ Gats' Mews it iujif ClmlflW Ihit ntkitl. CATS.)15 words
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WARRANTS & OPTIONS
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Article2491 1999-02-01 20 VMNMMTS in Last Vai Waak Last Ouota Avq Hm» L— »tm Campany M Hf C000) Hfh Low Buy.r SaNar Met 2as 3 3160 "Acar ******1 USS 13 uncl> 347 13 11.5 12 13 35 4.5 3164 Acma ******4 17.5 -2.5 3772 20 17 17.5 18.5 18 3161 AKTach ******7 28.52,491 words
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169 1999-02-01 20 R Sivanithy - WARRANT WATCH -By R Sivanithy IT'S a pity that the Malaysian market is not too accessible to outside investors. Its many warrants are attactive, what with their lifespan having been extended in the past few months. The problem, though, is liquidity with no169 words
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Article214 1999-02-01 20 H0N0K0N6 STOCKS G» Or 52-W* LMt V« Woo* LMt OMtl Dtt Ml M M Cm High Low Stno Company t* rOOO) Mtgn Low Buy or S48ar CV P/l J«n» 5123 COL (2000) HK 400 8 2.4 2 20.5 7744.7 5124 Cotfviy P«c 20c HK_720 265 2.1 7.4 6214 words
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Page 20 Advertisements
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Advertisement230 1999-02-01 20 NOTICE IS HEREBY GIVEN that I.ANG BENG HOH of No. 10 Brighton Crescent, Singapore *****3, have applied for a Public House, First Class Licence in respect of M/s Classique Hotel Pte Ltd located at 240Jalan Besar, Singapore *****3, and that this application will be considered by the Liquors Licensing Board230 words
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Advertisement108 1999-02-01 20 NOTICE IS HEREBY GIVEN that I, CHOONG BOONG JOUN of 34 Craig Road #10-05 Chinatown Plaza Singapore *****3, have applied for a Beer House (Ist Class) licence in respect of M/s Joun-Hee Leisure Centre Pte Ltd located at 34 Craig Road *81-08/09/10 Chinatown Plaza Singapore *****3, and that this application108 words
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6362 1999-02-01 21 Wet-k ended Jan 29 Cr Or M Wt LMt VaI *H< Last Quota Dtv Otv YW Net Cap Avg High Law SIN* Company Sata COOP) High Law Buyw M« C »r P/C SmM Price WHTHNOUSTRY 142 17.5 m» 1000 Acma 50c 72.5 -5 23846,362 words
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Article1154 1999-02-01 21 mi l— »w c<w»««r u* rooo) c-w Ptt ImSmS MANUFACTURING 243 30 2049 AS Auto 10c 100 -6 4117 109 96.5 100 101 tS N 7 LS 9.4 114.2 100 79.5 45 2051 ASJ Hldgs20c 60 -6.5 7 63 60 57 63 2.5 10.2 0.8 TL5 54 63 2601,154 words
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Page 21 Advertisements
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Advertisement107 1999-02-01 21 NOTICE IS HEREBY GIVEN that I, NG KAR YONG of Blk 515 Chao Chu Kang St. 51 *1082 Singapore *****5, have applied for a Wholesale Liquor Shop Licence in respect of M/s Barrel 31 Trading located at 1 Jalan Remaja #01-038 Hillview House, Singapore *****2 and that this application will107 words
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Advertisement104 1999-02-01 21 NOTICE IS HEREBY GIVEN that I, NG LAY GIM of 95, Bukit Teresa Road Singapore *****9, have applied for a Ist Class Pyblic House Licence in respect of M/s Sentosa Adventure Golf Pte Ltd located at 11, Siloso Road, Sentosa Singapore *****2, and that this application will be considered by104 words
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Advertisement108 1999-02-01 21 NOTICE IS HEREBY GIVEN that I, TAN YEW HOW of 27 Lucky Heights Singapore *****1, have applied for a Public House First Class (extended) Licence in respect of M/s Ah Meng Cafe Pte Ltd located at 180 Albert Street, Stall No 1 #01-21 Lot 203-205, Singapore *****6, and that this108 words
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Advertisement118 1999-02-01 21 Tuesdays The Property Column by Lee Han Shih THEBUSm^TIMES NOTICE IS HEREBY GIVEN that I, CHONG CHUN KEONG KENNETH of 3 Pandan Valley #03-302 Singapore *****7, have applied for a Wholesale Liquor Shop Licence in respect of M/s K J Beverage Co. Pte. Ltd. located at 100E Pasir Panjang Road118 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration502 1999-02-01 22 Source: JM Sassoon Stocks Vefcme STEngglOc 73,116,000 SembCorpI 25c 59,471,000 SingTel 15c 40,896,000 DBS Land 36,237,000 S Coffeemix 5c 23,174,000 CK Ting Wt99 20,638,000 •TanChonglnt50c 19,164,000 08S Foreign 18,305,000 Wing Tai 25c 17,385,000 Keppel Corp 17,178,000 Stocks DBS Foreign 238,758,012 0C8C Foreign 146,116,712 SembCorpI 25c 136,114,003 SPH 118,502,910 STEngglOc 113,546,734Source: JM Sassoon - 502 words
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Article, Illustration643 1999-02-01 22 R Sivanithy - THE WEEK AHEAD Strategists believe there will be a fund reversal out of developed markets and into Asia this year By R Sivanithy ASIAN markets have always been lumped in an "emerging markets" asset class, tarred with the same brush as Latin643 words
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Article, Illustration60 1999-02-01 22 Wong Wei Kong - By Wong Wei Kong NATSTEEL Electronics closed last Friday up $0.07 at $5.05 on a volume of 2.47 million shares, compared with its 10day traded average of 1.68 million units. The daily and weekly RSI and Stochastics suggest that gains will be capped in the short term. This60 words
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Page 22 Advertisements
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Advertisement392 1999-02-01 22 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF SMITH CORONA PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50, that the final meeting of392 words
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Advertisement415 1999-02-01 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NATIONAL FOODS ASIA-PACIFIC PTE LTD (In Liquidation) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidary Company pursuant to Section 179(6) of the Companies415 words
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Advertisement441 1999-02-01 22 Do you need trading ideas that work? Call DBS investor Online at a3B llBB SSI )KSBANK IN THE HATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF KOMATSUYA ASIA PTE LTD (IN MEMBERS'VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of441 words
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Advertisement538 1999-02-01 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF MITSUKOSHI SINGAPORE PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN. pursuant to Section 308 of the Companies Act, Chapter 50, that the final meeting of the members of the abovementioned company will be held538 words
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Advertisement326 1999-02-01 22 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF FB TRADING PTE LTD (IN CREDITORS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the] abovenamed Company, which is being voluntarily wound up. are required, on or before 28 February 1999 to send in326 words
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Advertisement945 1999-02-01 22 Make The Straits Times Classified your first pit stop when shopping for your car or motorbike. r IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ACCENT COMMUNCIATIONS PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members945 words
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SHIPPING TIMES
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Article266 1999-02-01 23 Contributed by Simpson Spence Young THE first vessels of the Lygmar fleet that had been under arrest are said to have been sold. The Panamax bulker Evagelistra (61,000/81) and the handy Megalochari (936,000/83), both sold by Admiralty Marshall sale, "as is", in Falmouth. So far no further detailsContributed by Simpson Spence & Young - 266 words
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Article280 1999-02-01 23 J-« B J* CWT Ottrikuttan 0.54 -0.02 137 CIMMHu* 0.385 *0-02 1T78 Coko Invaatmant 0.50 fMoMLMu 0.18 *0.005 mi G»lfllO>T» 0.40 HaiSwiHup 0.455 *0005 159 HHacMZMOT 0.79 IMC llaMlwgi __HK 5. tO J«yeHeWngs 0.51 *0.01 1 Jurenq Wuorvt)6.80 *0.05 68 Ham* Car? 401 -0.04 1948 MfpatriLS 2.90 -0.06280 words
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Article, Illustration539 1999-02-01 23 Marcus Hand - Since buyout by Hutchison Port Holdings last year, throughput has doubled By] Marcus Hand [SINGAPORE] With throughput nearly doubling last year, and a buyout by Hongkongbased terminal operating giant, Hutchison Port Holdings, Thamesport is fast becoming a major player on the UK539 words
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689 1999-02-01 23 David Hughes - DOCKYARD By. David Hughes THE question of how quickly older large tankers will be phased out is a crucial one for the big shipyards in Singapore and the handful elsewhere in the world that specialise in docking and maintaining such large vessels. This689 words
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428 1999-02-01 23 mo seminar in S'pore this week to focus on problem AFP [SINGAPORE] Despite the surge in violent acts of piracy and hijacking in the Asian region's seas, few pirates end up behind bars, according to a senior British police officer boundAFP - 428 words
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Article, Illustration188 1999-02-01 23 [SINGAPORE] Knud Stubkjaer (left), former Maersk Line chief executive for Asia based in Singapore, has been made a partner in the AP Moller group. Mr Stubkjaer, 42, was posted to Singapore in 19%, and returned to Denmark in February last year, to take up188 words
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Article, Illustration699 1999-02-01 24 CRUISE INDUSTRY Most cruise lines have 'ports of call' on the Internet filled with details you would typically find in a glossy brochure NYT THE building boom in the cruise industry has been matched by the proliferation of cruiserelated Web sites. Ar\d while navigating theNYT - 699 words
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Article314 1999-02-01 24 PAGE Evergreen 6 ANL 3 Express TI 14 Accord 8 Foo °qSon 8 Ahrenfciel 12 Ffotl 12 Appenship 5 FrtL^s w Austral 8 Llnk Avan# m Gemartrans 8 B'tang Mas 8 Genshpg 12 BSA 7 Glory Hav 14 BTL 14 Goodrich 12 BalajiSlipg 4 H SunHu 0314 words
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Article18014 1999-02-01 31 thebusinesstimes EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage T»iep»»on« SIN Dest'n Name Nam* Number Number SIN Dest'n Name Name Number Number v*-. -v A.. n ,.n T BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cote D Ivoir* o«/o; 09/03 ccni pionll arica18,014 words
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SHIPS IN PORT
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Article527 1999-02-01 37 VoyMo Barth Arrival Dapartur# Juronq Port Bt P Telor Jan30 J01 alongside 31.01/2359 Celtic Dolph 1/99 J03 alongside 31.01/2300 Goldenfalcon 01 J14 alongside 04.02/0800 Handy Gunner 22A J22 alongside 31.01/1430 Handy Logger 9904 J08 alongside 03.02/0800 Hua Yang 9011 J04 alongside 31.01/0100 Kimtrans1807 50/99 J16 alongside 01.02/0600 Moonvazs527 words
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Article1774 1999-02-01 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclng/BtUnce Rstls Ship Voy No Etb/Btr Period From To From ->** 395 01/1200 W N/1500 29/1659 29/500 3 30/0700 30/1159 JO/MOO 4 30/1200 30/1459 30/T700 oiS 31/1500 u nmdo ana* 29/500 21 29/1700 30/0659 30/0900 3 30/0700 30/1159 10/1400 41,774 words
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Article224 1999-02-01 37 Feb 1 Thailand: Makha Bucha Day. Feb 15 China: Chinese New Year Eve. Taiwan: Chinese New Year Eve. United States: Washington's Birthday Holiday. Feb 16 Brunei: Chinese New Year. China: Chinese New Year. Portugal: Carnival. Singapore: Chinese New Year. South Korea: Chinese New Year. Taiwan: Chinese New Year.224 words
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Article745 1999-02-01 37 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the745 words
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Article400 1999-02-01 37 j._ »*> Mm 994.8 1.0 M.6 0.10 127 0.06 Ptnsity Water Bestdue Art ktuMum jgwg No above £25 2 0 8 0 2 0 %M/H 380 Aw 988.5 0.3 15.1 0.07 26 0.02 ■owl Mnt 380 MM 993.3 IS 19.8 0.12 54 0.07 win v/y M/M400 words
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AIR & LAND TRANSPORT NEWS
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681 1999-02-01 38 US$9O coupon lets passenger fly to any single Asean destination AFP [SINGAPORE] After months of talks, South-east Asian airlines have agreed to offer standard discounted fares for tourists flying into the region in a determined bid to prop up shrinkingAFP - 681 words
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Article, Illustration163 1999-02-01 38 Bloomberg [FRANKFURT] Global airline alliances are being threatened by a forest of complex local and regional regulations, said Deutsche Lufthansa AG chief executive Juergen Weber. European anti-trust proceedings against global airline alliances already approved in the US are a particular problem, said Mr Weber atBloomberg - 163 words
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265 1999-02-01 38 Reuters [BEIJING] China's state-run aviation empire will be split into two competing corporate groups as part of a nationwide effort to eliminate inefficient industrial monopolies, state media said yesterday. The China Daily Business Weekly said the Aviation Industries of China (Avic) wouldReuters - 265 words
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Article, Illustration54 1999-02-01 38 [VARNA, Bulgaria] Two Bulgarian workers disassemble a Russian-made passengers' aircraft Antonov-24 near the airport of Bulgaria's biggest Black Sea city of Varna. A local private company has bought four obsolete planes from Bulgaria's national carrier Balkan Airlines and plans to remake them into luxurious cafes alongREUTERS - 54 words
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321 1999-02-01 38 AFP [LONDON] Senior executives at British Airways have been ordered to take to the air on New Year's Eve 1999 to prove that the millennium bug will not make their planes fall out of the sky, it was reported yesterday. TheAFP - 321 words
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89 1999-02-01 38 Reuters [MOSCOW] Russian flagship carrier Aeroflot said it still hoped to buy 20 Ilyushin jets despite reports that financing for plane construction was being delayed. A statement by Aeroflot said it intended to purchase the 11-96 aircraft under a leasing contract. "Agreements onReuters - 89 words
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Article, Illustration608 1999-02-01 38 Flight Attendants Union wants to re-open talks with HE airline Bloomberg [HONGKONG] Cathay Pacific Airways, Hongkong's only long-haul carrier, said it is in talks with its pilots' union, proposing that some of its members take a pay cut in return forBloomberg; AFP - 608 words
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Article1674 1999-02-01 38 cmr fllOHT ETA FUCHT ETP S0325 1540- 1X6373 2355 tMM **62 30 1920 8*7382 2050 IM7M *50 S026 2355 LH6381 1920 0F82 2050 *2«586 1650 IH787 2359 S0230 1920 SO2005 1650 ****** 2359 8*7381 1930 S***** 2359 0F81 1930 frfta S0909 1715 S0990 OOP AmttrdM 50231,674 words
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Page 23 Advertisements
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Advertisement18 1999-02-01 23 Cruise industry: Web sites offer virtual cruise Most cruise lines have 'ports of call' on the Internet. Pa«e218 words
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Advertisement103 1999-02-01 23 Asean airlines launch special pass to woo tourists US$9O coupon lets passenger fly to any single Asean destination. Back Page t_t We can't deliver to Mars (yet), but our fast service covers the earth. O l or the most efficient service, in \sia t nul around the world, go it103 words
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Page 24 Advertisements
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Advertisement1078 1999-02-01 24 I NORTH AMERICA I t EXPORT i I OTHER DESTINATIONS"! SSX BUPER BWTTUE EXPRESS DIRECT TO LA j"| I WBgf OQABT Of OEWTBAL AMOBCA (MARGARITA SCRVICf) s wr P»| mm m m mm m —toon > nm Ivor j J ||ptmmzm| miu imumao cam ruMilMMv— SESSSSU TS I Zfc I!£~~3E''s£1,078 words
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Advertisement644 1999-02-01 24 ("'AI%T Lnes services represented u c (-C8B*) Members <* <* Singapore Freight Forwan Accredited Shippng Agents. Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUIK S PROJECT CARGO T0... DAMMER/FKMANIU (MONTHLY SERVICE) MV "TBM" ETA SIN 25/02/99 BOOKINGS CALL MONKA/AI UNO TEL 323 4374 CONTAINERS/CONVENTIONAL CARGO FROM PORT644 words
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Page 25 Advertisements
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Advertisement1107 1999-02-01 25 f TO EUROPE FROM EUROPE rasa vot MWiTMMWWMWvsountTia vessei vor rw <u« HAW wrv sou m ta sw HYOUW 314W 01/02 U/02 20/01 23/0217/02 MOS& 5241 10/01 12/01 IS/01 U/01 OJ/02 HT COMMODORE Jim 04/02 27/02 24/02 25/02 22/02 THAMES 5521 U/01 13/01 14/0111/01 04/02 MM S2SW 05/02 21/02 23/021,107 words
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Advertisement1654 1999-02-01 25 ©HANJIN SHIPPING iikPl t MsMyiLt> J7W73C MAMJIN SHIPPING (S) Flf LIB la*: bnpn cm lOOUMG *****3S 737 SALES 37WW4 731 DOCUNHI *****71 774 OTOATKMS 37*0730 251 MAIN UK *****55 FAX 7771H0 aNO *****430M0M TO NW USA A CANADA USA fftHAPA* WW/W* IAM <M UNI NAUL/VOY SLA fiw DM fM a!1,654 words
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Advertisement484 1999-02-01 25 *ssa wr si rn wt m hk jm_ js«_ _pws_ |<b a 1 wrpSHreTSa^^^nomonn^ mwmiA m tvoi 24/01 iw 27/01 31/01 02/02 04/02 os/w UKUtSAA _WIS_ H/ol_ 05/07 07/02 M/ 07 10/07 iinm I u!g I wsliryl mnrau* fflS 30/01 02/02 W2» 03/02 07/02 01/02 11/02 12/02 [SSSSiffIL fS I484 words
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Advertisement1257 1999-02-01 26 DSR-SENATOR LINES TO UK/CONTINENT TOMEDrnERRANEANCANADA WY IW La lIW W MM MV FU KMfl. VOY "ST" BIT Vf FOS VLC MTU "WUMMUMII lWW7|a.«r lID M 17.M 11.12 K SHANGHAI KMTOfI WMM7 21 r 14.02 1102 1| K an MmoMt wbm|mji tin as ii k an an wnsima mnh mk tin1,257 words
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Advertisement802 1999-02-01 26 COUTH LMES, INC ["ivy V J wm«www SBU: (064)*****t MftMß ft- fftTT) ftHttl ssnss, sßrfssa BARCELONA JAKARTA MV "NORASIA MALTA" V.9905-4 MV "SINAR SURYA" V.002 ETA SIN: 9-2-99 ETA SIN: 3-2-99 LONG BEACH VANCOUVER MV "HANJIN WASHINGTON" V.021 E MV "HANJIN KOBE V.077E SIN: 7-2-99 ETA SIN: 31-1-99 HAIPHONG KARACHI802 words
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Advertisement504 1999-02-01 26 LINK -MUARA- LABUAN vesa w ro ra rasa vor no iu SPOtfMUMU SPOBE 1M SHAffSWPI VW/W SU 01/02 STRAITS NOff VOX/W SO 02/02 CARMUJNM2 VBX/W 82/82 05/82 CMMAJMSU VOX/tt 82/81 84/82 jpbospb vex/of 04/02 00/02 straits mm wx/m 04/02 12/02 IK.MWABALUI I KUCHMO 1 rasa vor m ra rasa vor504 words
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Page 27 Advertisements
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Advertisement1098 1999-02-01 27 VESSEL VOV SIN PKG PEN PQB DUB DAM BHJ I BA BIK IRAN TABATABAEI PJLI33I 09/02 18/02 19/02 20/02 22/02 24/02 IRAN TEYFOURI PJLI32B 13/02 22/02 23/02 24/02 26/02 28/02 IRAN BAKERI PJLI336 22/02 03/03 04/03 06/03 07/03 09/03 IRAN BATTARI PJLI334 01/03 10/03 11/03 12/03 14/03 16/03 IRAN BAKERI1,098 words
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Advertisement1673 1999-02-01 27 JlagMh* VOOI3W (ETA SIN 3 Fib 99), Cosco USA last-Coast All-W«t«r s«rvi(« will call i« PTt# iitftii of liltiitri. I 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (I/I) *****02 JOHOItE OFFICE: I WSTW SHIPPING PTE LTD #17-08 MS ILOG SAIES/RKGS *****57/60 INWARD MPT (0/0) *****85 COSTAR AGENCIES (Ml1,673 words
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Advertisement623 1999-02-01 27 EASTERN OW UNER, LTD. ivjfcj gg (SINGAPORE) PTE LTD l! 1 SPEOAUZE IX RORO 8. HEAVY UFT UPTO 450 TOWS 1 ECI (SIHGAPOIE) FTC UP LOAD NG FOR YANOON/CHITTAGONG PORT KLANG/ YANGON MV "TERESA PRESTIGE" V0Y.26 MV "ORIENT IRIS" V0Y.30 ETA SIN 03/02/99 ETAYGN 08/02/99 ETA SIN 05/02/99 ETA PKL623 words
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Page 28 Advertisements
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Advertisement1204 1999-02-01 28 I I f iiNinu Riu mi IJSI 5?!!, H,G E 1 ZEE LMV LHW Rol HBG PW. SGP I tl£K£L?l22. £*2 M. GENOVA RE-021 11/01 12*1 14*1 04*2 I I nffL™ 221X1 fIS 22? Vm tl/M 83/W 1 RE,ULT RE 023 14/01 11/01 1W 17/01 11*1 11/01 12*2 ■E. DAINTY1,204 words
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Advertisement685 1999-02-01 28 aaaaPlf pacific international unes (pte) ltd j I B MBBI 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CRNO **********06 m^sr basr ss J n aa iff #1 -—"7r 5a MA y I I VfSSU VOY ~55 mo iff iiR t*g Mi Si I I *mc*n»ASß ma i/i -i7i—685 words
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Advertisement547 1999-02-01 28 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vissa votlsi nu I pur Jjw cft [to mmm tons 07/02 14/02 20/02 23/02 um IUMm Ptwg V.027S 14/02 71/02 03/03 04/03 Y.032S 11/02 24/02 02/03 05/03 04/03 09/03 COIDBIDIAGOR V.OIQS 03/03 12/03 11/03 11/03 20/03 mroioumi im 13/03 22/03 24/03547 words
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Page 29 Advertisements
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Advertisement470 1999-02-01 29 BSfl x M MYANMA «BBk FIVE STAR UNE (Myaamr National liio) Loading for Yangon (Rangoon) VISSU VOY SIN PKI PIN PGU PttfTA 160W SU> HPA-AN 2S6W SU> MALAYSIA A«NTS: OOUSTIAD SHIPPING AGCNCKS KIR: TU (03)*****00 PKI: Til (03) 37M101 PIN: TU (04)2****** PGU: m (07) *****21/4 BANK LINE (A t«f470 words
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Advertisement1258 1999-02-01 29 HMAT .HYUNDAI MERCHANT MARINE CO., LTD. IVBSE VOY ISM I SOU lfl< RIM ANT NAM RtV W Ivosa VOYI SOU LB4 RTM ANT HAM MW A SM 31 »/02 23/02 MOSa 5241 16/01 15/01 10/01 TiToi HYCOMMOOOM 317W 04/02 22/02 27/02 24/02 25/02 THANKS 5521 11/01 16/01 13/01 14/61 M/M1,258 words
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Advertisement935 1999-02-01 29 «1 ipeoofeed outocaman ©@^(oJ(S Wilhelmsen Lines TO NORTH AND LATIN AMERICA *RORO HEAVYUFT SERVICE" [VESSEL I VOY I RAMP I HEIGHT IMM I IAX CRt MIA SAV lAI Off NYC NEW MOO MMKtI F904 4001 MS 6.3 M 05/02 06/03 15/03 11/03 20/03 22/03 23/03 24/03 29/03 30/03 F9OS 400935 words
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Page 30 Advertisements
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Advertisement2128 1999-02-01 30 BANGKOK/MAP TA PHUT/LAEM CHABANO JAKARTA/PANJANQ VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN CHANA BHUM" 56N In Pt 05/02 VIRA BHUM 246S In Pt 05/02 04/02 KOTA RATNA RNAOB7 03/02 06/02 ACX JADE* 39S In Pt 04/02 NANTA BHUM** 431N 03/02 06/02 07/02 ANRO GOWA' 070 02/022,128 words
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Advertisement19 1999-02-01 30 B&f CONTAINER SERVICE TO APIA VAVAU NUKUALOFA PAPEETE PAGO PAGO PORT VILA RAROTONGA NZOL CAMPAIGNER V. 02S/99 ETA 07/02/9919 words
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Page 31 Advertisements
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Advertisement51 1999-02-01 31 Dial 740-6000 on demand —mmJ (Retrieve more schedules!) Sl£} Press ~r --JC\ Select the port and key in STBbi the four digit code eg; To New York (NYQ 2275 Key in your fax number J *4 your phone number Another innovative service offered by The document Wi 11 be Shipping51 words
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Page 33 Advertisements
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Advertisement149 1999-02-01 33 C "N ■■BBHRIH FREE Reader Enquiry Service gx: cut out and fa* to: 65-*****29 n Need HELP or INFORMATION on the following? (please tick relevant boxes) Q SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: .Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping149 words
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Page 34 Advertisements
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Advertisement946 1999-02-01 34 -SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****63-4 (INWARD) /*****16 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 Cella/Jesslca/Mol Chan/Jeslynn/Dora/Hanlm EZ22Zn3BS3ES3H 7 slgs/week sssMSBM 2 slg/week [VESSEL VOY SIN JAK [VESSEL IVOY [SIN946 words
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Advertisement533 1999-02-01 34 ft* linmrmM CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAINER IVRStt VOTAGI IU SJNGAPOOt IU COLOMBO ETA KARACHI SHAUMtf 004HW 01/M/W 07/02/W \lfaM UUZA* 001HW 09/02/W 14/02/W U/02/W S*tf 004HW IS/02/W 21/W/W 03/03/W WtW 007HW 22/02/W OMIT OMIT LAUZAI 007MW 01/03/91 07/03/W 12/03/91533 words
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Advertisement460 1999-02-01 34 hfBB ENG liE SHIPPING CO PTE LTD I W *****75 (t U«*t) Fni SJIMU/SIIMM I f Cfci iMwmoox VESSEL VOY SIN HA SIN FTD DESTINATION AAorto Poto 24 2/99 01/02 03/02 Jokorfo Unw Star 12 2/99 01/02 02/02 Suratayo Union Sta 16 3/99 02/02 03/02 Jokofto Swar Central 2/99 02/02460 words
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Advertisement394 1999-02-01 34 rrrg Singapore Soviet Shipping CPL a lb lOQSOUOOOON |\V Shipping PI W» U757t*****( VESSEL VOY SIN BOM PNG PKL PERAK 124N 02/02 10/02 21/02 KOTA RUKUN RKNO27 06/02 18/02 27/02 KOTA RATU RTUO3S 14/02 22/02 m) VESSEL WY >w calcuh* sin M REGINA RGAOBI 02-03/02 09/02 18/02 HARIBHUM 08SV 07-08/02394 words
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Page 35 Advertisements
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Advertisement660 1999-02-01 35 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO aggfe -^4X1,%■ I™n I I"" 1 I 111 Imsgu mwlagliSliwlsglsglddMlggigirf^ MEXICO, US/OUU/EC, REP SEA, INDIA TO SINGAPORE, INDON««» I OtF I IW( I M I HOU I MV lim I m I ID I Id I M I 1 HOICH DtMI /0441660 words
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Advertisement1552 1999-02-01 35 mUm"" oj«Bi jiff u tun tut iSj— lua/wwa I™lmi m l <m |mm I— I I-—~ I—«. srjsr"" ss as as a? 33 111 ill mill miii olW OXOI 001 w 2UI 01J2 0102 0102 0102 I I 141 mgL! M<M0 B> 07MW ,M 1 1181 OUI wsn 1102 njj1,552 words
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Page 36 Advertisements
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Advertisement2158 1999-02-01 36 IVESSEL^^VOYSW^^MA/^^SlJ^I TIGER PEAfIL 679N 01-02/02 o*o9/02 13-14/02 I TIGER SEA 681N 04-05/02 10-13/02 17 18A)2 I TIGER BAY 682N 074W/02 13-1&02 20-21/02 I TKJER ISLAND 683N 10-11/02 16-19/02 24-25/02 I TIGER PEARL 684N 14-15/02 20-24A12 28 29/02 I TIGER SEA 685N 17-18/02 23-26/02 02-0303 I IVESSE^^^^VO^^SI^^CAL^SI^I J BAUHINIA 3SBCNB 01-02/022,158 words
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Advertisement50 1999-02-01 36 REGULAR SWGAPORE VETNAM SBtVICE vKsas voi nt in bbumdom CCU LONGGUNGI 2/99 MPT 29/91 VIMGUU/HCMC NHA RONG 09 1/99 MPT 30/01 VUNGUU/WUPHONG HUANLUYINOS 1/99 MPT 30/01 HCMC/VUNGnU OA TO 4 1/99 29/01 03/02 DttUK/OUNHON AGENTS:- IMKOV SHIPPING CO PTE LTD 39 OUXTON HRI SINGAPORE *****7 TEL: *****73 FAX: *****65 hniuwimw50 words
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Page 37 Miscellaneous
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Miscellaneous112 1999-02-01 37 LEGEND: R Thunderstorm Temperoture c W€r W ,h<r W,nd <*rect,on w„h speed in knots Cloudy Sky Woie height Surface »«<h ore mdKoted by arrow, wjuch Hy wlth th wind \Z) One ful circle represents colm o>kght and vonoble wmds J One holt «Uk i „,J. Une ho,f "•Che represents 5112 words
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