The Business Times, 7 April 1999

Microfilm: NL21482
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MIT A (P) 046/12/98 85C singaporr Internet: http://business-times.asial.com.sg/ WEDNESDAY, APRIL 7, 1999
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  • Article
    MARKET SUMMARY
    60 1 m MMJfi (+24.55) fiir-on U COM (+12.81) JlsmsanmjiEs U «jo (+3.10) g£ttBB»00D: STOCK MARKET INDICES Tuesday Change KLSECOMP UUJ +tlJ* NIKKEI 1M7171 +***** HANO SENG rw SET INDEX fV-J JAKARTA OOMP _J*I1 +H1? MANILA COMP +l!f TAIPEI WPI 7.I6JJ9 -1831 SEOUL OOMP £66.73 +19* CLSA CHINA B Closed
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  • Article
    FINANCE
    74 1 FOBEX KATES USt S9 U8S 1.73k £(USS/"S$per£) 1J98 177S BURO(USS/S$ per E) 1.073 tJd DM L822 0961 TEN 121.1 L«* KM 1800 MS7 HKS 7.710 UM BAHT 37« 0.044 BJPUH 8,706 ****** mmmM* PUKE SATES SDWAFOBE* L8S KUALA LUMPUR I 1L60 JAKARTA BANGS** 14.7* MAIttA 2LM HONGKONG 1616 TAIPH
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  • Article
    SES allows firms more leeway to raise funds
    1025 1  -  Changes to promote Singapore as > fond-raising centre By. R Sivanithy [SINGAPORE] The Stock Exchange of Singapore yesterday announced major changes to its listing rules that increase up to Ave times the amount companies can raise via pre-approved share issues. The amendments,
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  • Article
    STI pierces 1,600 to 17-mth high
    323 1  -  By] R Sivanithy [SINGAPORE] Wall Street's Monday rally to a record high and Tokyo's late push to an eight-month high yesterday meant a vibrant, liquiditydriven session for the local market which was led by bank stocks and ended with the Straits Times Index at
    323 words
  • Article
    British Telecom plans new network to link Asian units
    342 1  -  Broadband network partofßT-AT&Tg global project By l Catherine Ong [SINGAPORE] British Telecommunications, which has spent a cool US$l billion (Ssl.7 billion) in recent months snapping up phone companies in the region, plans to link all its related operations in the region
    342 words
  • Article, Illustration
    Malaysia lost $4.8b in foregone revenue due to Clob: White Paper
    651 1  -  Daim asks ELSE to quickly resolve issue of frozen dob shares From Eddie Toh in Kuala Lumpur A WHITE Paper on the status of the Malaysian economy, presented in Parliament yesterday, has claimed that the country lost Ss4.B billion
    651 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      41 companies spending $700m on R&D in S'pore
      389 2  -  Investment will generate $10b in sales and 700 jobs for research scientists, engineers By Raju Chellam A TOTAL of 41 companies in the electronics, manufacturing and information technology sectors committed to invest $700 million in research and development in Singapore last year
      389 words
    • Article
      Ailing exec club's creditors switch to Ernst & Young
      387 2  - Ailing exec club's creditors switch to Ernst Young 200 tarn up at Sir Stamford Raffles Onb meeting By\ Corinne Kerk THE major creditors of the two companies which own and operate Sir Stamford Raffles Club (SSRC) have appointed Ernst Young as liquidator, instead of another liquidator proposed initially. This took
      387 words
    • Article
      Lock icon Taiwan chipmaker to invest in S'pore
      138 2 AFP [TAIPEI] Taiwanese authorities have approved plans by the island's largest chipmaker to invest US$22l million (Ss3B3 million) in a Singapore venture, officials said yesterday. Taiwan Semiconductor Manufacturing Co plans to invest the money in a jointventure semiconductor plant in Singapore, Taiwan's in- vestment
      AFP  -  138 words
    • Article, Illustration
      Freehold condos off River Valley Road going for $920 psf
      293 2  -  By] David Boey MUTIARA Crest, a small freehold condominium project billed as the tallest in the Grange Road/River Valley Road area, will hit the market this weekend at an average price of $920 per square foot. Lim Chap Huat, managing
      293 words
    • Article, Illustration
      Lock icon Feb wholesale prices down 4.7%
      302 2  -  E7E ON THE ECONOMY Prices By] Marissa Chew WHOLESALE prices in Singapore fell 4.7 per cent year-on-year in February, but compared to January, prices were flat. The domestic supply price index fell to 81.3 in February from 85.3 in the same month last year. Compared
      Source: Dept of Statistics  -  302 words
    • Article
      The individual worker to take centre stage in productivity drive
      269 2 THIS year's productivity campaign, which kicks off on Friday, will focus on the individual worker, the Productivity and Standards Board (PSB) announced yesterday. Senior Minister Lee Kuan Yew will officially launch this year's campaign, which carries the theme "You make
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    • Article, Illustration
      Lock icon Far fewer firms to retrench but wage squeeze to continue: poll
      496 3  -  Just 8% say they will cat staff, down from 26% in '98; MNCs more vulnerable By, Audrey Tan FEWER companies expect to retrench staff this year, as they turn more optimistic about their performance in the second half, a
      Source: Watson Wyatt  -  496 words
    • NEWS Roundup
      • Article
        New name for Building Authority's office
        85 3 THE Building Authority's office has beeh redesignated as thte-Commissioner of Building Control. The name change follows the formation of the Building and Construction Authority on April 1. The BCA said yesterday that its chief executive officer, Chua Koon Hoe, has been appointed Commissioner of
        85 words
      • Article, Illustration
        Boost for tourist attractions
        71 3 SINGAPORE'S tourist attractions will now be more prominently pointed out with new signs erected by the Land Transport Authority in consultation with the Singapore Tourism Board. About 200 brown signs with white lettering are being put up around Singapore at a cost of $75,000. Almost 80
        71 words
      • Article
        Registry of Land Titles renamed
        87 3 FROM next Monday, the Registry of Land Titles and Deeds win be known as the Singapore Land Registry, or SLR for short. The registry said yesterday that the new name will "better reflect" its statutory functions as the national land registration authority. It added: "It
        87 words
    • Article
      Corrections and clarifications
      52 3 IN our article "Property, business services see 5 per cent rise in operating receipts" yesterday, we reported that employment In the real estate and business services sector grew 8.3 per cent in 1907 compared with 1906. It should have been 9.1 per cent. We are sorry fbr
      52 words
    • Article
      URA sees operating income falling further to $79.8m
      372 3  -  Freeze on land sales shrinking income from agency fees By\ Marissa Chew THE Urban Redevelopment Authority, the agency in charge of land sales in Singapore, expects its operating income to slip further to $79.8 million for the year ending March 31, 2000,
      372 words
    • Article
      Industry groups to hold national meeting
      251 3 VARIOUS industry associations will come together for the first time to discuss national issues like Singapore's competitiveness and manpower matters at the inaugural National Congress for Industry Associations on April 30. The congress organised by the Singapore Confederation of Industries (SCI) will "provide a
      251 words
    • Article
      Registry of Companies more than reasonable
      476 3  -  MAII.B M Juthika Ramanathan Registrar of Companies and Businesses Singapore TOH Chun Toh ("Differentiate between shelf, operating firms", BT April 3) wrote that he was not told of the statutory provision concerning "officer in default" by officers of the Registry of Companies and Businesses
      476 words
    • Article
      Why pay so much more to downsize to a house?
      329 3  -  Jayne Goh via Internet Singapore I WONDER why so many people are upgrading but downsizing to a smaller house and yet paying more than double for it Look at those private properties in East Coast, especially those built by the
      329 words
    • Article
      Colex IPO: Bonvests holders want in
      128 3  -  Denis Distant via Internet Singapore I REFER to your report "Sesdaq aspirant Colex sweeps In steady profits for Bonvests" (BT, April 5). As a long-time shareholder of Bonvests, I would like to comment on the proposed IPO. I keep a stake in Bonvests because
      128 words
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      105 2 mmmml River Volga. Its grandeur graces through a country I that spans eleven time zones. Along its endless banks live (iriendly peoples of different cultures, who speak a total of 130 languages. Let the airline with one of t^le world's largest fleets get you there. FiyAer flot Russian International Airiines
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      Page 2 Advertisements Column 2
      193 2 R&D holds key to competitive S'pore, Pg 12 The grass is always greener on the other side. With so many choice properties for sale in The Straits Times Classified daily, it's no wonder our readers are tempted to seek greener pastures. Advertise in the Properties section (Classifications 402 to 568).
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  • Page 3 Advertisements
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      135 3 YOUR CITIBANK VISA/MASTERCARD IS THE KEY TO WINNING 9 VOLKSWAGEN GOLF 1.6 A PLUS I MYSTERY CAR. EVERY TRANSACTION I CHANCE EVERY $100 IN YOUR OUTSTANDING BALANCE I CHANCE t S Ur Anniversary we re giving away 10 Volkswagen cars of outstanding balance in your account gives you another! that's
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      4 3 Strait Talk SHIPPING TIMES
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Range trading to dominate 2nd-qtr
      1120 4  -  Asian units may see bouts of volatility but a disaster is unlikely By Larry Wee THE Dow closed above 10,000 again on Monday this week, and the greenback is reasserting its dominance once more. It is back above 120 yen, and close to testing key
      Source: HypoVereinsbank  -  1,120 words
    • Article
      S'pore govt bonds stand out in Q1 with 6.9% returns
      768 4 THOSE who've invested in Singapore government bonds (SGS) in the first three months of this year have not been disappointed. The Re--public's 10-year SGS scored high returns compared to most leading benchmark sovereigns, recording a very attractive annualised rate of
      768 words
    • Article
      Take profit on JGB rallies
      369 4 ANALYSIS DESPITE the benefit of a very positive backdrop, we do not expect players to buy Japanese government bonds (JGBs) aggressively. Rather, we would suggest that JGB rallies should be seen more as opportunities for profit-tak-ing. The spectre of farther economic stimulus measures continues to
      369 words
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      526 4 KPNlGSaiiinarSmes Fraud Awareness: 'The buck stops where?" The duty of directors and senior management to prevent fraud and corruption Wednesday, 28 April 1999, The Orchard Hotel, Singapore Seminar 9.00 am to 12.30pm; Workshop 1.45pm to 4.45pm What Estimated losses to organisations worldwide due to fraud and corruption amount to billions
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  • ASIA'S ECONOMIC SLUMP
    • Article, Illustration
      Lock icon Japan mulling factory closures, debt reduction
      673 5 Keid&nren and bank officials discuss ways to get rid of excess capacity that hampers growth Bloomberg, AFP [TOKYO] Top officials of Japan's banks and companies met for the first time yesterday to thrash out a govern-ment-supported plan to erase excess manufacturing capacity and wipe
      Bloomberg,; AFP; FILE PHOTO  -  673 words
    • Article
      Lock icon Sovereign ratings stay stable: S&P
      259 5 It underlines focus on fundamentals over market trends AFP [SINGAPORE] US ratings agency Standard and Poor's yesterday said its sovereign credit ratings worldwide have been stable despite market volatility. It said unchanged ratings had far outnumbered changes at all rating levels and that even among
      AFP  -  259 words
    • Article
      Lock icon Indonesian foreign investment approvals plunge 99%
      154 5 Bloomberg [JAKARTA] Indonesian foreign investment approvals plunged to a hundredth of last year's level in the first 11 weeks of 1999, showing investor confidence in the country remains low. As of March 15, foreign investment approvals declined to 187 projects worth US$56 million (5597.1
      Bloomberg  -  154 words
    • Article
      Lock icon Korean firms expect business to improve
      175 5 Bloomberg [SEOUL] South Korean companies expect business conditions to improve this month, in line with expectations the economy is recovering from recession, a survey by the Federation of Korean Industries found. The survey's index of revenue of the nation's 508 biggest companies rose to
      Bloomberg  -  175 words
    • Article, Illustration
      Lock icon The price of market economy
      77 5 [HANOI] Children walking past a pig in the streets of Van village, in the northern Vietnam province of Bac Ninh, yesterday. Rural life in the countryside is largely influenced by the market economy that was adopted in Vietnam ten years ago. Like many other Vietnamese
      AFP  -  77 words
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      133 5 E O ■'ogo>. I- j j 'Risk- Covered by Allianz Group. f Wherever you are. Whatever you 1 do.The Allianz Group is always on 1 I /I your side To us risk management means thinking the unthinkable to I f 1 M prevent risk turning into loss. As one of
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  • WHITE PAPER ON M'SIAN ECONOMY
    • Article, Illustration
      Lock icon M'sia says it can raise RM102b to fund recovery
      758 6  -  Govt needs RM62b to revitalise economy; says it can get RMBlb locally From, Ruth Wong in Kuala Lumpur MALAYSIA said it could raise 102 billion Malaysian ringgit (5546.6 billion) between 1999 and 2000 from domestic and foreign sources, outstripping the RM62
      FILE PHOTO  -  758 words
    • Article
      Foreign investment commitments hit RM5.6b in '98
      406 6  -  Almost four-fold increase a reflection of long-term inverter confidence: report From) Diana Oon Abdullah m Kuala Lumpur FOREIGN investment commitments approved by Malaysia's Foreign Investment Committee (FIC) reached 5.6 billion ringgit (552.6 billion) last year, 3.7 times the RMI.S billion approved in 1997,
      406 words
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      97 6 fIWOAPOM 13-15 APRIL 1999 9NGAPOBC MWMIONM. GONVENIION A CMMTUN CENNK (SUNTtC Clyi VOICE Asia Asia's anputer telephcry event 0 Calling all IT, tolocoms and business professionals Entrance i$ free, just turn up qn the day! For farther information email gmortinAxkanstor.cxDm Or virit our web site: www.caßvoice.oom Fvmi SO(MKV J -w
      97 words
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      Page 6 Advertisements Column 2
      93 6 1 t rA A N The new-look Parkway Thai Restaurant. Centrepoint re-opens today and is beautifully upgraded to serve you the finest authentic Thai cuisine in an even more luxurious and comfortable ambience. So. whether it is business entertainment, family dinner or a gathering of friends, be the first to
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  • SOUTH-EAST ASIA
    • Article
      Lock icon 40 dead in E Timor after militia fire
      625 7 JAKARTA Portugal and rebel leader Gusmao call for UN peacekeeping force to ease tension Reuters, AFP FORTY people were killed in East Timor on Tuesday when anti-independence militiamen fired indiscriminately and threw grenades at a church housing more than 2,000 refugees, the
      Reuters,; AFP  -  625 words
    • Article
      Lock icon Violence flares in Kalimantan, Malukus
      252 7 JAKARTA Madurese houses burned; mob attacks Chinese shop in Rian AFP COMMUNAL violence flared in both Indonesian Borneo and the Maluku islands yesterday with burning and clashes leaving at least one dead and seven injured, officials said. In the West Kalimantan district of Sambas in
      AFP  -  252 words
    • NOTE Book
      • Article
        Lock icon First virus death near new KL airport
        109 7 Reuters [KUALA LUMPUR] Malaysia, struggling with a viral epidemic that has killed 88 people, yesterday reported the I first death from a pig-breeding area near the capital's airport as auHrarltiM reassured tourists the country was •aft. Officials said two more people had died
        Reuters  -  109 words
      • Article
        Lock icon Police still probing threat to kill Dr M
        77 7 Bernama lALOR SKTARj Police need time to probe the case involving a telephone call to former Menteri Besar OsmanAroffthreatwiing to assassinate Prime Minister Mahathir Mohamad. Kedah police chief Nik Ismail Nik Yuaoff said yesterday the probe now centred on male staff of
        Bernama  -  77 words
      • Article
        Lock icon Vincent Tan files RM250m libel suit
        97 7 AFX-Asia [KUALA LUMPUR} Berjaya Group Bhd chairman Vincent Tan has filed a2BO million Malaysian rioggit (SIII4 million) libel suit against the Asian Wall Street Journal and a Malaysian professor for an article entitled "Malaysia props up crony capitalists," which appeared in the newspaper on
        AFX-Asia  -  97 words
      • Article
        Lock icon Indonesia set to cut interest rates
        72 7 Bloomberg JAKARTA] Indonesian interest rates are likely to be cut, starting with a decline in today's government treasury papers (SBI), sakl Miranda Goeltom, the central bank's managing director. The drop in consumer prices is making it possible to move rates lower, she said. Consumer
        Bloomberg  -  72 words
      • Article
        Lock icon No progress in Viet reform:Moody's
        94 7 AFP [HANOI] Vietnam has failed to advance structural reforms far enough, hurting its economic performance and risking the eroetoti of past achievements, Moody's Investors Service warned to a report received yeeterday. "The negative outlook on Vietnam's B1 country ceiling for foreign currency bonds reflects a
        AFP  -  94 words
    • Article
      Lock icon Malaysia's opposition realistic about poll chances
      446 7 KUALA LUMPUR Awinistmlikaty,but DAP hopes to reduce UMNO's majority Reuters PRIME MINISTER Mahathir Mohamad's rivals know they can't win Malaysia's next elections outright but hope to prevent his ruling coalition from getting a two-thirds majority in Parliament, the opposition leader said yesterday. "If we
      Reuters  -  446 words
    • Article
      Lock icon Dr M has bronchitis not heart problem: DPM
      244 7 KUALA LUMPUR Reuters MALAYSIAN Prime Minister Mahathir Mohamad is in hospital with bronchitis and his condition remains stable, his deputy said yesterday dismissing speculation that the leader was suffering from a heart problem. "He is suffering from bronchitis. It has nothing to
      Reuters  -  244 words
    • Article, Illustration
      Lock icon Anwar assault: 'only one officer" feces action
      282 7 KUALA LUMPUR Only one named and yen knew who he ic chief of probe team AFP A ROYAL commission investigating injuries suffered by ousted deputy premier Anwar Ibrahim in custody yesterday recommended action against a police officer in a report to King Tuanku
      AFP; REUTERS  -  282 words
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      244 7 .One bmw step for you, One giant leap for your business. Discover how loading organizations and enterprising businesses use E-commerce*. Prepare yourself for the tremendous opportunities in the next millennium. > Why YOU rtxmld ATTEND: What YOU will LEARN: You will benefit from a completely hype-free What are the key
      244 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Zhu Rongji visiting US at low point in ties
      478 8  -  But a deal on China's WTO entry is expected despite contentions issues From Leon Hadar in Washington CHINESE Premier Zhu Rongji will arrive in Washington tomorrow for an official visit, during which he and US President Bill Clinton are expected to
      AFP  -  478 words
    • Article
      Lock icon US, China experts go through WTO offer 'line-by-line'
      318 8 WASHINGTON Without a deal, Zhn summit will be seen as a failure: analysts AFP US and Chinese experts on Monday debated China's proposals for admission to the WTO "line-by-line", with Washington pressing for additional offers from Beijing, a senior US trade official
      AFP  -  318 words
    • SINO Briefs
      • Article
        Lock icon Taiwan to hold seminar on bourse
        68 8 Reuters [TAIPEI] About 100 senior executives or fUnd-managers of North American asset management firms will visit Taiwan for an April 15-16 seminar about the local stockmarket. the Securities and Futures Commission said yesterday. The US and Canadian executives will arrive on April 14 for
        Reuters  -  68 words
      • Article
        Lock icon Guangdong rebates to boost exports
        65 8 Reuters {SHENZHEN] China's Guangdong province plans to boost flagging export growth with a package of tax rebates and cheap loans, the Special Zone DcUfy said yesterday, The provincial government has set aside 30 million yuan (596.3 million) to provide discount export credits for trading firms
        Reuters  -  65 words
      • Article
        Lock icon China seen meeting 7% growth goal
        86 8 Reuters [BEIJING] China is on track to achieving its 7 per cent economic growth target for 1999 but must do more to sustain state investment, WangMengkui, director erf the Cabinet's Development Research Centre, was quoted yesterday as saying. "Economic growth is expected to reach
        Reuters  -  86 words
      • Article
        Lock icon Beijing to set up cable TV company
        57 8 Reuters [SHANGHAI] China plans to set up a national cable television company which could introduce more competition into thetelecoms market, the official International Finance News said yesterday. The State Administration of Radio, Film and Television and local cable television stations would form the
        Reuters  -  57 words
      • Article
        Lock icon Bar on eight securities firms
        66 8 Reuters [SHANGHAI] China's stock market watchdog has banned eight firms from securities consulting for three years for conducting unauthorised operations, the Shanghai Securities News reported yesterday. They included the Zhengzhou branch of big Beijing-based securities firm China Guotai Securities, though its other branches were.unaffected. It
        Reuters  -  66 words
    • Article
      Lock icon Govt announces arrest of former Citic official
      239 8 BEIJING He is alleged to have misused Bullions of yuan in public funds AFP CHINA yesterday announced the formal arrest of the former vice-chairman of Beijing's investment vehicle, China International Trust and Investment Corp (Citic), for misusing millions of yuan in public funds.
      AFP  -  239 words
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      110 8 I IKS'K I \SS rv-Trirfiißi JiKiw* M!&-" .j- V w jg N EVV I:\oking the* elegant ambienee (.onnollv leather and with crisp linen and a screen at->(>em (11 v of an exclusive c I lib. trinimeil with burr wood. soft duvet. You may also ()ur new menus offer ai c
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  • ASIA
    • Article, Illustration
      Lock icon India's Hindu nationalists on brink of collapse
      614 9 government or crisis BJP-led coalition govt on shaky ground after key ally pulls ont two ministers AFP [NEW DELHI] India's Hindu nationalist-led government was closer to collapse yesterday after a key ally withdrew two ministers from the coalition Cabinet. Ms Jayalalitha Jayaram, whose
      AFP  -  614 words
    • Article
      Lock icon Economy won't be affected: finance minister
      336 9 NEW DELHI Reuters Indian Finance Minister Yashwant Sinha said yesterday that the current political uncertainty will not cast a shadow on the economy and he was confident of Parliament approving the 1999/2000 (April-March) federal Budget. It is also unlikely to affect the rupee due
      Reuters  -  336 words
    • Article
      Lock icon Japan officials get serious on yen globalisation
      423 9 TOKYO Govt panel to submit recommendations later this month Reuters GROWING worries about Japan's ability to finance rising government debt have prompted officials to get serious about promoting the yen as a global currency after years of talk but little action on the
      Reuters  -  423 words
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      86 9 -<: s^fi ■ty SINGAPORE c Airlines new First Class th c i isp linen and a screen at 36em (11 whenever von choose. duvet. You may also Our new menus offer accompanied by selections A the widest ch< )ice of World (iourmet ('.uisine. from our wine masters. ertainmcnt in the
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  • THE WORLD
    • Article
      Lock icon Full steam ahead for US economy
      561 10 NEW YORK Index of leading economic indicators shows fifth straight monthly increase Bloomberg THE index of leading United States economic indicators posted its fifth consecutive monthly increase in February, suggesting the economy should keep growing well into its ninth year of expansion. The Conference
      Bloomberg  -  561 words
    • Article
      Lock icon British pound falls to low as UK rate cut expected
      209 10 LONDON Bloomberg THE British pound fell to a 19month low against the dollar in afternoon trading yesterday on expectations Bank of England policymakers will lower the benchmark United Kingdom interest rate when they meet this week. "The pound has got
      Bloomberg  -  209 words
    • Article
      Lock icon Brazil slashes key rate to 39.5% as outlook brightens
      431 10 SAO PAULO Further cuts seen as inflation eases, real firms, stocks gain Reuters BRAZIL'S central bank on Monday cut its key interest rate by 2.5 percentage points to 39.5 per cent to take advantage of sinking inflation and soaring optimism over
      Reuters  -  431 words
    • Article, Illustration
      Lock icon Markets hoping for UK, European rate cuts
      479 10  -  Rates forecast to fall because economies are still slack From. Neil Behrmann in London EUROPEAN stock markets are hoping that the European Central Bank (ECB) and Bank of England will cut interest rates this week. In early trading yesterday, the FT 100 index
      AFP  -  479 words
    • Article, Illustration
      Lock icon Sign of the times
      69 10 RIO DE JANEIRO] ARiode Janeiro shoe shop employee re-arranging the display in his store on Monday to attract costumers. The Brazilian Statistics Institute announced that Brazilian workers lost 13.6 per cent of their buying power between January 1995 and January this year because of the economic
      AFP  -  69 words
    • Article
      Lock icon UK firms lag in Europe takeovers
      206 10 LONDON Reuters BRITISH companies risk being left out of the industry consolidation sweeping Europe, a report by British investment bank Close Brothers said yesterday. "UK companies still seem strangely reluctant to take firm steps on the continent.. There is a big risk that UK
      Reuters  -  206 words
    • Article
      Lock icon Belgrade declares unilateral truce but Nato rejects offer
      511 10 THE KOSOVO CRISIS Bloomberg, AFP, Reuters [BELGRADE] The Yugoslav government has declared a "unilateral ceasefire" in Kosovo from Bpm (1800GMT) yesterday, the Serbian and Yugoslav governments said in a joint statement. The statement said that on the occasion of the Orthodox Easter,
      Bloomberg,; AFP,; Reuters  -  511 words
    • Article
      Lock icon Japan minister blasts US revival of Super 301
      177 10 TOKYO AFP JAPAN'S farm minister yesterday attacked a US decision to revive its Super 301 trade weapon allowing Washington to impose sanctions on trade partners. "I don't think it's a good idea to bring the* notorious law back when everybody is proceeding
      AFP  -  177 words
    • WORLD Watch
      • Article
        Lock icon Feb 3%
        45 10 Reuters in February itom January, but rote 3.3 per cent compered with the same period in 1MB, the Semicoodiietor Industry Association said on Monday. Japan was theonly market showing a monib-to-month increase, gaining by 0.4 percent from January, The US, ssaaBSSssBBBSs 1 respectively.—Reuttfi
        Reuters  -  45 words
      • Article
        Lock icon UK will have to join
        70 10 Bridge News [LONDON] The UK will have tojoin the European single currency Ifthepntfect proves successful, says Romano Prodi, former Italian premier and European Commission president-in-waiting. Mr Prodi told the Financial Timer. "Either the ewro will fail or Britain cannot stay out" He backed coordinating policies
        Bridge News  -  70 words
      • Article
        Lock icon UN suspends
        49 10 AFP [UNITED NATIONS] The UN Security Council on Monday suspended seven-year old sanctions against Libya. The suspension was linked to notification from UN chief Kofi Annan that two suspecti wanted for the 1968 bombing of a Pan Amjetliner over Lockerbie, Scotland, had arrived in the Netherlands. —AFP
        AFP  -  49 words
      • Article
        Lock icon Russian tycon may be arrested
        53 10 AFP [MOSCOW] Russia's prosecutor-general has aufeorised the arrest ofbiQionaire tycoon and one-time Kremlin insider Boris Berezovsky in connection with aerobe into the airline Aeraflot, Interfax cited police as saying yesterday. Theproeecutor also gave the green light for former Awoflot deputy director Nikolai Glushkov to be
        AFP  -  53 words
      • Article
        Lock icon Call to exampt PCs from EU law
        46 10 Nikkei [WASHINGTON] The Global Internet Project has aaktd Qm European Union torule that th» temporary tfonußtf P<:,MM ''S Yatlto a 0 0««tltttl» copyright infringement The move by the grotm m p t> dgiSßO U^ ct t tr 0 "py^ProacaoßaatracMrtlT
        Nikkei  -  46 words
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  • FOCUS
    • Article, Illustration
      Lock icon Another British invasion of Asia
      1525 11  -  In just the last six months, British Telecom has spent some £650 m to buy into and build phone networks and ventures in the region Reports by\ Catherine Ong [SINGAPORE] AT the rate it is writing out cheques in Asia, British Telecommunications pic may soon
      FILE PHOTO; Compiled by BT  -  1,525 words
    • Article
      Taking the lead in the global telecoms revolution
      769 11 BritTel's venture with AT&T will have revenues of US$l Ob THESE are exciting times for telecommunications industries around the world. Barriers are coming down, markets are opening up. Analogue is making way for digital, copper for optical fibre. Circuit switches are becoming
      769 words
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      7 11 Thursdays China Watch by Lu Ning TheßusinessTimes
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      Page 11 Advertisements Column 2
      60 11 4 WV6 inKtSEULt v W-. mLjm, x <k '2Wmßl ,<<a •> v «JI Bal V.;>: vM 1 J|H£| k• i Prowmat: < *'*jp§pf < Racbmaninov Victoria Concert Hall 6 Moments Musicaux op 16 1896 r (5 PolonauJ* £P*T~> 135 IUJ *$$0 S10&I-f Pate Hiw: Tiekira available atjtll SISTIcfHHHB 12 May
      60 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      R&D holds key to competitive Singapore
      738 12  -  THE BOTTOM LINE OPINION By Raju Chellam The author is a BT correspondent FIRST the good news: High-tech domestic exports from Singapore crossed $60 billion last year and grew faster than total non-oil domestic exports. Next, the challenge: Singapore's gross expenditure on research and
      738 words
    • Article
      IN OTHER WORDS
      105 12 'If Mr Milosevic does not do what is necessary, Nato will continue an air campaign. It will be undiminished, unceasing and unrelenting. It will inflict such damage that either he will change his calculation or we will seriously diminish his capacity to maintain his grip and impose
      105 words
    • Article
      Thailand's stop-gap boost
      654 12 EDITORIAL THE bullish forecast by Thai Finance Minister Tarrin Nimmanhaeminda last week that the Thai economy will recover within the next four to five months has reinforced the perception of Thailand as a front-runner on the road to recovery. Mr Tarrin delivered his upbeat assessment before unveiling
      654 words
    • Article, Illustration
      Lock icon Asian nations pin hopes of renewal on high-tech
      1199 12  -  HK, Singapore and other countries expand high-tech industries to remake their economies By] Mark Landler NYT in Hongkong WHY would Richard Li live anywhere but this capitalist Klondike on the South China Sea? After all, he was born here 32 years ago.
      NYT; FILE PHOTO  -  1,199 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      922 12 Russia can bslp main psaes THE road to peace in Kosovo may yet run through Moscow. Despite Russia's rhetorical belligerence about the Nato air campaign and Prime Minister Yevgeny Primakov's failed diplomatic mission to Belgrade last week, Russia has the credentials and motivation to play a
      922 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Hanoi opens film archives
      477 13  -  Rare footage of Viet wars available commercially next week, reports akdy solokan ANDY SOLOMAN Reuters PILM footage never seen before from Hanoi's secret archives of the wars in Vietnam against the United States and France will be commercially available next week for the first time, a
      Reuters; FILE PHOTO  -  477 words
    • Article, Illustration
      Lock icon Death of the great album?
      1135 14  -  The shelf life of new music has fallen shorter than ever, chsoit 1 boucher finds out why GEOFF BOUCHER LAT-WP POR the music industry, the true power of hit albums is measured in years, not months. Frank Sinatra, the Beatles and Led Zeppelin may be
      LAT-WP; FILE PHOTOS  -  1,135 words
    • Article
      Lock icon Dylan, Simon to tour US together
      286 14 MUSIC Reuters [LOS ANGELES] Folk-rock legends Bob Dylan and Paul Simon will perform together for the first time when they team up in June to launch a 30-date United States tour, it was announced on Monday. "We have been great fans of each other
      Reuters  -  286 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      137 13 Where to wine, dine and entertain.." (<#%£& i All the fresh oysters you can eat! Help yourself at our carving station then feast over a lavish buffet dinner complete with appealers, salads, soup and tempting desserts. Complement yw* meal with a specially priced wme-by-the-glass. v/_X kA Dinner: Monday Friday Time
      137 words
    • Advertisement
      Page 13 Advertisements Column 2
      35 13 i available for: private parties II company dinner and dance I •conference W 'seminar and meeting. W HOTEL GRAND CENTRAL UMTTEO 22 Orchard Road/Cavenagh Road, I Singapore *****7 I Tat 737 9044 Fax; 733 3175
      35 words
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      Page 13 Advertisements Column 3
      39 13 Buffet Lunch Buffet Dinner. Mon to Fri Nightly Adult $14.80- Adult $15Jt" Child $10.88- Child $10.00High Tea Aduit $10.so- cwid: $7.00Sat, Sun Pub Holidays (12noon to spm) old I A W TK 25 Marina Fbroda, Singapore *****6 Tal: 340-2122
      39 words
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      Page 13 Advertisements Column 4
      167 13 The freshest seafood dishes come with unlimited wine in St. Gregory's Brasserie in the Grand Plaza Parkroyal on Friday and Saturday evenings. Delicious Rock Crab with Tang Hoon, juicy cold Oysters, Prawns and Green Mussels on ice, Baked Slipper Lobster and many more. Plus as much wine as your heart
      167 words
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      Page 13 Advertisements Column 5
      141 13 ADVENTURE 1-30 April 1999 I Secretaries' fI Week Special »<SbP' H Featuring a specialty H choreographed fashion show from Australia 19-23 April 1999 12oooa 2.30pm Mandarin Ballroom, per penon Reservations: 831-6288 333 Orchard IbMd Sinmam 21M67 717 2200 Fan: per p«TSOH (s«f k«»cK vJ«fe»»* «r Locml, «*iH\ wW- >»i*Wj). At
      141 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      980 13 CBTPTIC CROSSWORD 30 Instantly, but not there and then (4A3) Sauce required for a formal YESTERDAY'S SOLUTION down dinner? (8) Iplultl i IxlrlMlglpl i iclTlutßlel 14 High church man? (10) gHAyAyNyN 1 Spora clubs naturally acttve 16Keepupsupport(8) 21'U get him prepared for pub- 18 Irrational belief in teaching licity's glare(9)
      980 words
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  • COMPANIES & MARKETS
    • Article
      Soh Chee Wen steps down as MD of Inno-Pac
      308 15  -  Byi Clarissa Tan [SINGAPORE] Controversial Malaysian magnate Soh Chee Wen has stepped down as managing director of Singa-pore-listed Inno-Pacific Holdings. The loss-making company said yesterday that Mr Soh has "relinquished his position" with immediate effect. Phua Teck Chew, who joined the
      308 words
    • Article, Illustration
      Safuan proposes RM292m reverse takeover of Promet
      469 15  -  Newco to assume Promet's listing status; Ling, Soh expected to leave From] Eddie Toh in Kuala Lumpur THE little-known Safuan Group has proposed a reverse takeover of troubled Promet Bhd in a 292 million Malaysian ringgit (Ssl33 million) deal expected to eject Ling
      469 words
    • Article
      Teamsphere offer 28 times subscribed
      231 15  -  By, Jennifer Lien [SINGAPORE] Sesdaq aspirant Teamsphere Ltd yesterday said its public offer tranche was 28 times subscribed. Teamsphere received 5,912 applications for a total of 83.58 million shares out of 2.95 million shares offered to the public. The public tranche represented about 10 per
      231 words
    • Article
      Flexibility is the name of the game in a deregulating environment
      763 15  -  HOCK LOCK SIEW R Sivanithy OVER the past couple of weeks, there were two significant developments which illustrated the difficult and contrasting roles the Stock Exchange of Singapore has to play in a rapidly deregulating market. The first was
      763 words
    • Article, Illustration
      Lock icon Lian Beng launches IPO at 16.5 cts a share
      397 15  -  10.4 m shares will be open for public subscription Byl Marissa Chew [SINGAPORE] Local contractor Lian Beng Group yesterday launched its initial public offer of 104 million shares at 16.5 cents each. The offer for the mainboard listing comprises 76 million
      SIEW YAW HOONG  -  397 words
    • COMPANIES
      • Article
        Affin signs MOU to merge bank with BSN Commercial
        377 16  -  Parties to appoint independent accounting firm to value banking assets From] Ruth Wong m Kuala Lumpur MALAYSIA'S third banking merger proposal is a step closer to fruition with the signing of a memorandum of understanding (MOU) between Affin Holdings Bhd and
        377 words
      • Article
        Lock icon No exit levy on profits from Mesdaq
        245 16 Reuters, Bloomberg [KUALA LUMPUR] Malaysia's central bank has exempted investments made in over-the-counter stock exchange Mesdaq from capital controls, the exchange's executive chairman Khairil Anuar Abdullah said yesterday. "Non-residents investing in shares listed on Mesdaq are exempted from payment of exit levy for
        Reuters,; Bloomberg  -  245 words
      • Article
        Lock icon Bank Danamon excluded from index
        263 16 Reuters, AFX-Asia [JAKARTA] The Jakarta Stock Exchange (JSX) said it will not include the hugely capitalised PT Bank Danamon in the calculation of the composite index which started yesterday. The exchange said the exclusion of Bank Danamon was to avoid a sharp index fluctuation, as
        Reuters,; AFX-Asia  -  263 words
      • Article
        Marco Polo MD sells shares
        101 16 [SINGAPORE] Marco Polo Developments managing director David Lawrence has sold almost all his shares in the main-board-listed company. Mr Lawrence informed the Stock Exchange of Singapore that he disposed of 580,000 shares at $2.38 per share on Monday, representing slightly less than 0.15 per cent
        101 words
      • Article
        Lock icon Hicom to sell RM432m Eon stake to Proton
        459 16 Move is part of its plan to sell Proton stake to Petronas Bloomberg [KUALA LUMPUR] Malaysia's loss-making Hicom Holdings Bhd said it will sell its 32 per cent stake in the country's biggest auto distributor, Eon, to car maker Pipton, in a
        Bloomberg  -  459 words
      • Article, Illustration
        Lock icon OCBC confident of meeting targets: Alex Au
        294 16  -  By\ Siow Li Sen [SINGAPORE] OCBC Bank chief executive Alex Au says he remains confident of delivering the targets set out in his road map comforting words for investors who have continued to keep faith with the company. Commenting on the recent price
        CHRIS LOH  -  294 words
      • Article
        Parkway's Kyami to return A$35m
        204 16  -  By: Rahita Elias /ft/RahltaEliafl [SINGAPORE] Australian property developer Kyami, in which Parkway Holdings has a 30 per cent stake, will return As3s million (Ss3B million) to shareholders. Parkway said yesterday that Kyami had on March 26 repatriated the "net proceeds of As3s million arising mainly
        204 words
      • Article
        Apollo rolls over revolving facilities
        234 16  -  Group has adequate resources to meet obligations: company Byi Carol Eng [SINGAPORE] Apollo Enterprises has rolled over all its revolving credit loans that have fallen due since Dec 31. "Hence, the directors are of the view that the group has adequate resources to meet its
        234 words
      • Article
        Lock icon Tenaga may undertake property projects
        194 16 AFX-Asia [KUALA LtJMPUR] Tenaga Nasional executive chairman Ahmad Tajuddin Ali said the company may develop property projects on its landbank, currently at 240 hectares. The Bernama news agency quoted him as saying development will be undertaken by the company on its own or through joint
        AFX-Asia  -  194 words
      • Article
        Lock icon Tan Chong to ride on Thai recovery
        242 16 Bloomberg [SINGAPORE] Tan Chong International Ltd, Singapore's largest car distributor, will start selling Subaru vehicles in Thailand in the second half, hoping to ride a possible economic recovery there. The company, which is sole distributor for Japanmade Subaru vehicles in Singapore, Hongkong and
        Bloomberg  -  242 words
      • COMPANY Briefs
        • Article
          SIA strikes sale and lease-back deal
          47 16 [SINGAPORE] Singapore Airlines has agreed to sell a Boeing 747-400 aircraft to CAT Air LLC, and to lease it back from CAT for five years and three months. This is the eighth time it has sold and leased back a 8747-400.
          47 words
        • Article
          Koh Brothers buys cut partners
          61 16 [SINGAPORE] Koh Brothers has bought out its partners inßatam Vision Pte Ltd, paying |2 for the 40 per cent held by FooYuh Cheng and ABS Bowling Pte Ltd. Batam Vision owns PT Batam Vision Indonesia which operates a bowling centre. The acquisition is not expected
          61 words
        • Article
          DBS Land takes up share allotment
          37 16 [SINGAPORE] DBS Land has taken up its allotment of six million cumulative redeemable preference shares issued by Bang! Heights Development Sdn Bhd at RMleach, thereby maintaining its 30 per cent stake.
          37 words
        • Article
          PSC ups stake in unit to 95%
          54 16 [SINGAPORE] Provisions Suppliers Corp has raised its stake in subsidiary HSI Group to 95 per cent It bought 176,000 shares of $1 each at par. HSI, in turn, bought 30,000 shares of Asl each at par in Health Solutions (Australia) Pty Ltd, making
          54 words
        • Article
          HPL sells 75 Cuscaden Rd units en bloc
          131 16 [SINGAPORE] Hotel Properties Ltd yesterday said it had concluded an agreement for the en bloc sale of 75 units of its C uscaden Road development, which has a total of ISO units and is expected to be a source of profit in
          131 words
        • Article
          2 New Toyo executives resign
          42 16 [SINGAPORE] New Toyo International Holdings yesterday said the chief operating officer of its lamination division, Angela Heng Chor Kiang, and the chief finance officer of New Toyo Group, Peter Angelakos, had resigned with effect from April 1.
          42 words
        • Article
          Liang Huat sells control in subsidiary
          73 16 [SINGAPORE] Liang Huat Aluminium has agreed to sell 340,000 shares in Siltech Pte Ltd, representing a 68 per cent stake, to China Asian Ltd Siltech is thus no longer a subsidiary of Liang Huat. The shares were sold for about $78,000. The sale is
          73 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Astra shareholders approve merger with UK's Zeneca
        402 17 The combined firm will be world leader in prescription drugs Reuters [STOCKHOLM] Anglo-Swed-ish pharmaceuticals group AstraZeneca leapt to the top of the global prescription drugs league table yesterday after shareholders in Sweden's Astra approved the US$36 billion (5562.3 billion) merger. "Today marks the
        Reuters  -  402 words
      • Article, Illustration
        Lock icon News Corp takes control of Fox/Liberty Network
        514 17 USsl.43b stock swap for Liberty Media's stake in joint US sports network Bloomberg [SYDNEY] News Corp, the world's fifth-largest media company, agreed to buy Liberty Media Group's stake in a joint US sports network in a US$l.43 billion (552.48 billion) stock swap, to
        Bloomberg; FILE PHOTO  -  514 words
      • Article
        Lock icon Olivetti threatens to withdraw bid for Telecom
        347 17 Reuters [IVREA, Italy] Italy's Olivetti gambled its US$65 billion (*****.5 billion) offer for Telecom Italia yesterday, threatening to drop the hostile bid if Telecom shareholders backed key parts of the company's defence plan. Forced to show its hand by Italian regulators, Olivetti also
        Reuters  -  347 words
      • Article
        Lock icon Hyundai, Daewoo renege on pledges – debts up 27%
        417 17 Hyundai, Daewoo renege on pledges debts up 27% Bloomberg [SEOUL] The Hyundai and Daewoo groups, two of South Korea's five biggest conglomerates, reneged on promises to cut debt last year, increasing their combined liabilities by more than a quarter, according to figures released by the government's Fair Trade Commission (FTC).
        Bloomberg  -  417 words
      • Article, Illustration
        Lock icon A memory device to record sound and images
        82 17 [TOKYO] Sony president Nobuyuki Idei displaying a device called the Memory Stick at a press conference to launch a new audio system called Super Audio CD at a jazz club in Tokyo yesterday. The Memory Stick, a square memory device that looks
        AFP  -  82 words
      • Article
        Lock icon Texas Instruments holds on to top ranking
        314 17 Reuters [SAN JOSE, Calif) Texas Instruments Inc held on to its title as the world's No 1 analogue chip maker in terms of revenue in 1998, GartnerGroup's market research firm Dataquest said on Monday. With nearly US$2.3 billion (553.9 billion) in revenue from
        Reuters  -  314 words
      • Article
        Lock icon Younger high-tech firms gun for Fortune 500 bulwarks
        249 17 6M tops list for 11th year, but high-tech growth is fastest Reuters [NEW YORK] Automaker General Motors Corp topped the Fortune 500 list for the 11th straight year, but the business magazine warned that younger high-technology companies have "made it clear that
        Reuters  -  249 words
      • Article
        Lock icon Q1 net won't meet estimates: Gillette
        229 17 Bloomberg [BOSTON] Gillette Co, the world's largest maker of razors and blades, said firstquarter profit will be slightly less than analysts' expectations because of weak sales in Latin America and in its line of Braun appliances. Gillette, which also makes Duracell batteries, Papermate pens
        Bloomberg  -  229 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon SOS from Asia firms draws private investors
        359 18 Buying stakes seen as more lucrative than buying stocks Bloomberg [HONGKONG] Asia Equity Partners, a unit of Chase Manhattan Corp and six other international money managers, are answering Asia's distress call. Chase is raising US$75O million (Ssl.3 billion) for its new Asian Opportunity
        Bloomberg  -  359 words
      • Article
        Lock icon Net.ß@nk shares jump 34% as new accounts soar
        205 18 Bloomberg [ATLANTA] Net.B@nk Inc shares surged 34 per cent on Monday after the first profitable Internet bank in the US said it added a greater-than-expected 8,000 new accounts in the first three months of the year. Atlanta-based Net.B@nk's goal was to open
        Bloomberg  -  205 words
      • Article
        Lock icon New Chase chief aims to move into securities
        516 18 Underwriting of stock sales his big goal; merger seen as a possibility Bloomberg [NEW YORK] William B Harrison Jr, who will become chief executive of the secondbiggest US bank in June, says Chase Manhattan Corp, still wants to get deeper into the
        Bloomberg  -  516 words
      • Article
        Lock icon KPMG Canada, Andersen merger plans off
        375 18 Bloomberg [TORONTO] KPMG Canada and Arthur Andersen called off plans to merge, less than a week after an Ontario judge extended the time given to partners to vote on the proposal. The April 1 injunction from Judge J M Farley "has created uncertainty within
        Bloomberg  -  375 words
      • Article, Illustration
        Lock icon Citigroup defends shift from Visa
        375 18 Reasons to move to MasterCard include economies of scale, boosting Citi brand FT [NEW YORK] Citigroup's consumer chiefs, talking for the first time about the company's shift of business away from the Visa credit card association to its rival MasterCard, say economies of scale were
        FT; FILE PHOTO  -  375 words
      • Article, Illustration
        Lock icon Paribas and SG boards face split vote on BNP bid
        504 18 They are expected to reject offer bat vote may be less clear cot FT [PARIS] The first sign of internal dissent may emerge at Societe Generale and Paribas as the banks' boards meet later yesterday to vote on the two-pronged
        FT; FILE PHOTO  -  504 words
      • SMALL Change
        • Article
          Lock icon CBOT March trading down
          80 18 Bloomberg [CHICAGO] 11m Chicago Board of Trade, the world's largest futures exchange, said March trading fell 0.7 per cent from the same month last year after a drop in the activity of its most popular contract, US Treasury bonds. CBOT members, who buy and sell futures
          Bloomberg  -  80 words
        • Article
          Lock icon Citibank to cut 10% of jobs in India
          62 18 AFX-Asia [BOMBAY] Citibank NA plans to cut its Indian workforce 0f1,560 by 10-11 per cent and will soon introduce a voluntary retirement scheme, The Economic Times reported yesterday. The newspaper said the decision is part of the bank's strategy to move towards
          AFX-Asia  -  62 words
        • Article
          Lock icon A chance to gain from M & As
          102 18 A chance to gain from M As Reuters [NEW YORK] BT Mutual Funds on Monday launched a fUnd it says should outperform the Standard Poor's 500 stock index—and give individual investors a chance to profit from corporate takeovers. The Quantitative Equity Fund Is an enhanced index fUnd that will enable
          Reuters  -  102 words
        • Article
          Lock icon Cash delivered to the doorstep
          90 18 AFP [TOKYO] Japan's Fuji Bank and trucking company Nippon Express Co are to start home deliveries of cash, a bank spokesman said yesterday. In the new joint service, Fuji Bank account holders will be able to designate the place and time of cash deli varies
          AFP  -  90 words
      • Article
        Index gets a boost from catch-up buying
        245 19  -  sii—m Reports MSffl gngppnro ItiHor Bob Butcher, Jardine Fleming A ROUND of catch-up buying by those on holiday on Monday and follow-through buying on an overnight move in the US market got the MSCI Singapore Index off to a strong start yesterday. A
        245 words
      • Article
        Futures inch up as Taiex slips
        164 19  -  MSCI Taiwan fatures Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures posted a slight gain of 0.20 point, negatively correlated to the Taiex, which slipped 18.21 points. Early gains in the Taiex, paced by the electronics sector, were wiped out foUowing
        164 words
      • Article
        Lock icon Bombing of Iraqi pipeline helps put oil price rally back on track
        271 19 ENERGY REPORT Reuters [LONDON] Oil prices were lifted yesterday as confident investors put a six-week-old rally firmly back on track. Benchmark North Sea Brent blend traded 29 US cents a barrel higher to US$l5.Ol after profit-taking had knocked
        Reuters  -  271 words
      • Article
        Lock icon CURRENCY REPORT
        315 19 Reuters, Bloomberg London RATE cut speculation in the euro zone and Britain boosted the US dollar against the euro and pushed it to one-and-a-half year highs against sterling yesterday, analysts said. A dismal outlook for Japan's economy as depicted in the quarterly Bank of Japan Tankan survey released
        Reuters,; Bloomberg  -  315 words
      • Article, Illustration
        Untitled
        1166 19 BTBiAHflMMMTM dELl AS C$ faro Ffr P» HKS Van W— Kit tt$E«ts H» S$ jgi Sir ITS ft N— US$ Austrafta 0.945 6.178 0.566 1842 1.146 4.874 26.886 54.757 0.761 7.699 2.390 1187 ***** 24.171 1091 3.897 0.934 ***** 23.786 0.394 0229 Cmd< 1058 5.526 0.620 4.067 1.213 5.159 28.459
        1,166 words
      • Article
        Untitled
        1669 19 SI COM FUTURES Apr 6 RUNS {MvwcM* «<t5J0»a) KS1 CONTRACTS cMtsAq) CtOM Vofcmo Opm A -> M|pBW MWy BPH UPMMWf WBWWf May 99 100.50 775 JM» 102.75 250 Jui 99 104.00 200 **99 105.75 200 Sop 99 WJ3 200 Oct/Soc 99 109.25 675 RSS 3 CONTRACT (US cwtiAg) Vodmt Opm
        1,669 words
    • Article
      WORLD STOCK MARKETS
      2239 20 LONDON Mntriais *h 31 Croup 6.29 0.01 A a Food* 4.12 -o.n A 8 Ports 2.77 0.03 AMad Domacg 4.61 unch AMMO Zurich ..8.85 0.09 Anglo Amarican GoM -31.10 1.70 ASDA Group 149 -0.02 Bank of Scotland 8.80 0.13 Barclays 18.80 0.22 Bass 8.44 -0.11 BG 3.53
      2,239 words
    • Article
      Lock icon TOKYO
      1611 20 AFP Q Nikkei 225 ♦14M3 SHARE prices in Tokyo rose 0.9 per cent yesterday as institutional investors hunted for bargains in late trading after taking profits on recent gains, brokers said. Active position covering emerged in the final hours of trading as investors were convinced of strong buying support
      AFP  -  1,611 words
    • Article
      Lock icon TAIPEI
      373 20 AFP □wp Index jjg TAIWAN share prices closed 0.3 per cent lower yesterday as late selling wiped out early gains on a lack of fresh leads, dealers said. "There were no substantial leads to stimulate the stock market," said Cooper Liao, manager of Jih Sun Securities. "Volume shrank as
      AFP  -  373 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8579 21 KOUSTMALS Consumer pro^ucts 1999 Last Vol Day Nat Cap Wt> Law Cswpny Sala -OOQ H>qh Law M tmH 310 255 Ajinomoto 270 14.9 KJ9.4 83 46 Anqkase 66 unci) 5 67 66" 97.3 283 220 Apollo Food Hlq 220 7.7 88.0 204 115 Berjaya Land 136 unch 164 141 136
        8,579 words
      • Article, Illustration
        Lock icon Shares soar after Bank Negara's rate cut
        414 21 AFP V% Composite Index +2L09 MALAYSIAN share prices jumped 3.9 per cent yesterday on strong buying of bank stocks after the central bank eased interest rates, dealers said. "There was buying interest in banking stocks due to the lowering of interest rates and
        AFP  -  414 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2063 22 ■OHM, LOANS ft VAMAMTS wt 32-Wh List Vol Dav Lift Ouot* Ava High L*w Stop Comnny Sato *or- COOO) HMjh Law Buytr MIm Me* S 3 3160 A Ac»r ******1USS 155 »L5 1041 16 143 15 16 27 4.5 s 3164 Acma ******4 21 ♦o.s 776 22 20 20.5 21
        2,063 words
      • Article
        SIA covered wrt looks a sound bet
        212 22  -  WARRANT WATCH -Byl R Sivanithy THERE'S little doubt that by far, the best performing covered warrant to be Issued here is DBS Bank's call on SIA Local. It was offered last November at $1.28 and today stands at $2.93, a staggering 129 per
        212 words
      • Article
        CLOB INTERNATIONAL
        210 22 6r Or M W V* 0«y Last Quata M> Hi M M Cap High La» Stno Company SaM COOP) HlgK L— 8uyar S—r CV p/t »nl 235 >73 5123 CD*. (2000) HK 230 cd 230 8 2.4 33 113 5124 Cathay Pac 20c HK_720 Cd 265 2.1 7.4
        210 words
    • Article, Illustration
      Lock icon JAKARTA
      683 22 AFP nCbmpoateliMteg -MU7 INDONESIAN shares closed little changed yesterday, with declines in banking stocks more than offset by a rise in select blue chips and pharmaceutical issues, dealers said. They said the gains were capped amid concerns over the coming June elections. A dealer with a local brokerage said
      AFP  -  683 words
    • Article
      Lock icon SEOUL
      407 22 AFP yiOompogitaliidei ♦IMS SOUTH Korean shares jumped 3.1 per cent yesterday on institutional buying amid easier money market rates afi ter Wall Street's strong overI night close, dealers said. 1 Shinhan Securities analyst Park Hyo Jin said fUnds continued to flow into the market amid declining money market rates,
      AFP  -  407 words
    • Article
      Lock icon SYDNEY
      671 22 AFP FlADOrdimriai +615 AUSTRALIAN shares prices surged 2 per cent yesterday for its first close above the 3,000-point barrier after a rally on Wall Street and a sharp spike in News Corp shares, brokers said. The All Ordinaries Index jumped 59.5 points to 3032.9. The All Industrials Index climbed
      AFP  -  671 words
    • Article
      Lock icon WELLINGTON
      317 22 AFP n Wellington -1158 NEW Zealand stocks closed down 0.6 per cent yesterday as Telecom Corp weakened. The NZSE-40 Index was down 12.58 points to 2135.18. Turnover was NZ$B7 million. "It was a featureless day really, and in terms of volume it was a bit like a Monday after
      AFP  -  317 words
    • Article
      Lock icon MANILA
      324 22 AFP fliah +1U PHILIPPINE share prices closed 0.1 per cent higher yesterday as the government announced a fall in the inflation rate for the month of March, analysts said. The Composite Index rose 2.19 points to close at 2,043.36. A total of 698.1 million shares worth 1.37 billion pesos
      AFP  -  324 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6590 23 Transaction date Apr C Or 0r M Wt 52-Wk Last Vol Day Laat Ouoti Mv Wv VM Nat Cap A** High Law StHo Campany Sata COOP) High Law Buyar Sallar C»r H P/t >m« Prtca MMLTHNMISTRY 128 17.5 m b 1000 Acma 50c 78.5
      6,590 words
    • Article
      SESDAQ
      1243 23 Or Or mm 52-Mi LHt V« Day LMt Ow«i Oh Wv YM NX Ca» Ay* Hfi Law ttm Cinn ton C000) MN> law 8wyr «—or Cw W MANUFACTURING 195 30 C 2049 AS Auto K)C WO unch 4614 KJ7 100 100 K>l IS M 7 13 9.4 14-2 96
      1,243 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        369 24 Stacks Volume JC-MPH WtOO 37.877,000 Chosen Hldgs 10c 31,443.000 Circuits Plus Hldgs 22,002,000 JC-MPH 21,697,000 Samudera 10c 20,876,000 KepTatLee Bk DBS WOO 20,786,000 GES Intl Ltd 20c 18,453.000 Singatron 20c 17,503,000 Van d«r Horst 16,481.000 UIC 16.004.000 Stacks DBS Foreign 39,309,605 KepTatLeeBank 29,294,700 OCBC Foreiqn 26,224,520 OBSLand 24,639.300 U08 Foreiqn
        369 words
      • Article, Illustration
        STI cracks 1,600-mark, helped by Dow's record high
        610 24  -  STOCIMARKET COMMENTARY Bank stocks the clear favourites; feverish rotational play seen in second-liners By R Sivanithy WALL Street's record high on Monday helped give the local market the extra push it was looking for yesterday, which when combined with the tide of
        610 words
      • Article
        ON THE GRAPEVINE
        326 24 We have received so many phone calls from listed companies on how they ranked in the latest corporate transparency survey that we have decided to run the full list. The survey is conducted by Corporate Transparency Ratings Pte Ltd and is available at US$BOO a copy The
        326 words
      • Article, Illustration
        HOT STOCK
        65 24  -  -By Toh Hooi Ling ALTHOUGH there are some small stirrings in hardware dealer Sin Soon Huat's shares, no strong and sustainable trend can be detected yet. This is despite the market's keener than usual interest in the shares yesterday. The counter rose one cent to 20 cents on
        65 words
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      530 15 SEMINARS ON COMPUTER SECURITY AND CONTROLS II In a competitive business environment, you rely on intricate computer systems to give you the competitive edge. 11 Which is why proper management of these systems is so vital. This series of seminars will give you an insight into 11 computer security and
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      58 20 Strait ill i ■BS^-T 1 c jSfreSilS dflHESfc The course of true love never did run smooth. With so many beauties on display in The Straits Times Classified daily, it's no wonder our readers are easily tempted. Advertise in the Vehicles section (Classifications 302 to 394). Call C.A.T.S. at 1800-737-1166.
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      Page 20 Advertisements Column 2
      62 20 ♦The Hongkong stock market was closed yesterday. There is no smoke without fire. With so many lucrative business opportunities and services sizzling in The Straits Times Classified daily, it's no wonder our readers are always hungry for more. Advertise in the Business Services/ Products section (Classifications 201 to 266). Call
      62 words
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      30 21 Classified First. Want to get a laptop? Or simply get computer savvy? Log on to the best Check The Straits Times Classified First. W Buy h S«l H Find h
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      31 22 The Straits Times Classified... J I the ad J I Th e Straits Times Classified. 1 i Call CATS, at 1800-737-1166. J ♦The Bangkok rtonk market wm closed yesterday. ITfc nil
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      572 24 NOTICES To advertise call toll-free 1 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 and IN THE MATTER OF FERNANDO MANPOWER SERVICES PTE LTD (In Mwitwrt' Voluntary Liquidation) At an Extraordinafy General Meeting of me members of FERNANDO MANPOWER SERVICES PTE LTD duly convened and held at 2 Finlayson
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      Page 24 Advertisements Column 2
      341 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF VALENTINO GARMENT PTE. LTD. At an Extraordinary General Meeting of Valentino Garment Pte. Ltd. held on 30 March 1999, the following resolutions were passed:1. SPECIAL RESOLUTION WHffllNfi-UP RESOLVED:That Valentino Garment Pte. Ltd. be wound up voluntarily
      341 words
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      Page 24 Advertisements Column 3
      432 24 DBS investor Online. The daily diary of Asia s markets. Get informed. Call 438-1188 >!<l M'iSBANK In the matter of die Companes Act. Cap. JO S.S.S. GOLF PTE LTD (Incorporated In Singapore) At an Extraordinary General Meeting of the members of the abovenamed Company, duly convened and held at 190
      432 words
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      Page 24 Advertisements Column 4
      330 24 1995 McCAIN S2lOO automatic saddle binder with feeders/ gatherer, stitcher, trimmer conveyor. Venue Blk 9008 Tampines St. 93 #01 -45 Singapore *****3 Date 13 April 1999, Tuesday 10.30 am Viewing On morning of sale Terms Cash. Buyer's premium @5% GST 3% of hammered price Visit our website and contact us
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      Page 24 Advertisements Column 5
      166 24 TIMUR JAYA RUBBER PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap. 50, that the Final Meeting of the Members of the abovenamed Company will be held at 190 Middle Road, #13-04, Fortune Centre, Singapore *****9 on
      166 words
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      Page 24 Advertisements Column 6
      93 24 fc m y prnt-fa*? iEvffi-* ;T v: V ■M IfA,Hl f A,H T^B and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony,
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      Page 24 Advertisements Column 7
      22 24 Ik advertise your I simply I I fax: I 741 UN I or I I (all Itoll-frec: I 1800 I |74l 1883
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      339 25 Bridge News Reuters TRADING was very quiet, with little emanating from the Far East and Europe still on holiday. It remains to be seen which way rates will move, though a few brokers are optimistic that higher Atlantic rates will be seen for the Panamaxes as more business
      Bridge News; Reuters  -  339 words
    • Article
      MARITIME STOCKS
      279 25 wmtsmmmmsmm »< St *h V* CWT Distribution. 0.60 0.01 125 Cosco lnv#»tin«fit.._0.55 0.01 113 Freight Links 0.19 0.01 3366 GB Holdings 0.42 0.01 24 Hal Sun Hup_ 0.52 -0.02 999 IMC Holdings-HK —5.60 unch 0 Jay* Holdings 0.73 a02 480 Shipyard 7.30 0.19 292 Corp 4.94 020 3264
      279 words
    • Article, Illustration
      Lock icon PSA's throughput in first quarter up despite economic downturn
      540 25  -  Success of port of S'pore due largely to dedication and drive of PSA staff: Kah Bow Tan Byl Felix Chan [SINGAPORE] Throughput volumes at PSA Corp's terminals in the first quarter of the year were up compared to the same period
      ARTHUR LEE  -  540 words
    • Article
      Need for all single hull very large crude carriers to adopt HBL
      973 25  -  STRAIT TALK By\ Seafarer THERE is a feeling, prevalent among politicians faced with a perceived crisis, that resolute clear-cut legislative action can provide a solution. There is often little inclination to look closely at the annoying complications which,
      973 words
    • Article
      Cruise your way to a Y2K baby and win big prizes
      326 25  -  Son Cruises offering couples cruises of love and passion this weekend By Marcus Hand [SINGAPORE] Local cruise line Sun Cruises is promising loye and passion on the high seas, offering major prizes to couples travelling on two of its
      326 words
    • Article
      Lock icon Lumut port posts strong growth
      243 25 Bernama [IPOH] Lumut Maritime Terminal Sdn Bhd (LMT), which owns and operates the Lumut Port, has registered substantial growth in cargo throughput and shipping traffic for the first quarter of this year compared to the same period last year. In a statement, the company said
      Bernama  -  243 words
    • SHIPPING NEWS
      • Article, Illustration
        Lock icon S Koreans to blame for ship collision, says North
        388 26 State media claims Hyundai Duke chased N Korean ship, colliding with and sinking it Reuters [TOKYO] North Korea appeared to blame a South Korean vessel for a high-seas collision last week that sank a North Korean freighter and left 37 of
        Reuters; FILE PHOTO  -  388 words
      • Article
        Lock icon Price cuts hit China Merchants net profit
        285 26 Reuters [SHENZHEN, China] Port facilities operator China Merchants Shekou Port Service Co Ltd said 1998 profits I slumped due to fierce pricecutting among rival ports in China's Shenzhen city. Under international accounting standards, the company's net profit fell to 70.68 million yuan (5514.7
        Reuters  -  285 words
      • Article
        Lock icon P&O Ports close to enterprise agreements
        172 26 AFX Asia [SYDNEY] P&O Ports is close to finalising enterprise agreements for most of its terminals in a deal that win substantially reduce workforce numbers, cut costs and boost productivity, The Australian Financial Review reported. The proposed agreements, negotiated port by port with a
        AFX Asia  -  172 words
    • Article
      SHIPPING SCHEDULES INDEX
      324 26 PACE Frota 12 ANL 3 Wlidl M Accord 6 GLink Ahrenkiel 14 Gemartrans 8 AASCO 4 c ns M M Asia OCl 5 Gtor *4* M Appenship 5 Hup Austral 8 Avant 14 B'tang Mas 8 S ,1 BSA 7 Hoe 9 h '3 BTL 14 HutoLin<
      324 words
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      SHIPPING GUIDE
      18268 33 THEBUSINESSTIMES EXPORT ETA £TA Advertiser Vassal Voy*q» Talapftona ETA ETA Advartlsar Vtsut Voyaga TMphon* sm DHH Nww Noma Numtoar Humbar SIN Dastn Nam* Nam* Numb* Number M 23/04 20/05 COSCO XIBOHE 0012E 65-226)900 a/L uw COt#D To BUENAVENTURA (BUN) 2059 Colombia nZ OTAMu £Ll 20/04 24/05 CSAV IY0
      18,268 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        905 39 Vessel Voy No Berth Arrival Departure Jar*** tat Hi Si iters 3 JOS Howjwl* 07 04/0600 lata OrtMU 04/99 J23 ate««si*t 07 04/1200 It Atroat *****9 JOI Wmpx* 06 04/2300 «It Jaya *****9 JOI «onou<M 06.04/1600 It Horn *****9 JOI «on«ud« Oi 04/2300 MWIim *****9 JOI MonosiOf 06
        905 words
      • Article
        CONTAINER SCHEDULES
        1843 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Booklng/Manc* Rstls Ship Voy Mo Etb/Btr Period From To From kit DMi 0071 M/07M U 04/HM 04/1459 04/1*0 06/1500 04/1*59 04/HM U 04/1700 07/0451 07/0*00 04/1700 07/0451 07/0100 1 07/0700 07/H51 07/M00 4 07/1200 07/M51 07/1700 Hinjm i MM 01/0700
        1,843 words
      • Article
        GLOBAL HOLIDAYS
        192 39 Apr I Greece: Orthodox Good Friday. Apr 12 Greece: Orthodox Easter Monday. Apr 17 Brunei: Hijrah Anniversary of Royal Brunei. Indonesia: First Day of Muharam. Malaysia: Awal Muharram. Apr 25 New Zealand: Anzac Day. Apr M Australia: Anzac Day Holiday. Apr 29 Japan: Greenery Day. Apr 90 Denmark:
        192 words
      • Article
        COCKETT BUNKER MARKET REPORT
        762 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem Market movements are indicated. The Cockett Bunker Price Index change and the
        762 words
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        VERITAS BUNKER QUALITY REPORT
        511 39 Carbon 180 Max 9981 14 H4 0.09 S9 0.07 Mar 25 Density Utter Hsidee Ask AJmnlnliini SUhnmt No abort E25 2 1 IS 0 0 0 1 %tUH 380 Ave 985.1 0J 12.9 0.06 38 0.02 bn. 380 M*i 994.2 1.1 18.9 0.11 250 0.06 M/lrl
        511 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Evergreen won't buy top shareholder's stake in JAL
        713 40 Taiwan group approached by Eitairo Itoyama, who owns 60m shares or 4% of Japan Airlines Bloomberg [TAIPEI] Taiwan's Evergreen Group decided not to buy a stake in Japan Airlines from the airline's top shareholder, said Fanny Shih, spokeswoman for Evergreen chairman Chang
        Bloomberg; FILE PHOTO  -  713 words
      • Article, Illustration
        Lock icon Australia's technological prowess on display
        44 40 [TAIPEI] David Fewchuk, general manger of the Strategic Industry Research Foundation, displays the latest concept car "aXess" during a five-day exhibition of the Australian Technology Marketplace in Taipei. The car has a 2litre engine and 160 horse power. AFP
        AFP  -  44 words
      • Article, Illustration
        Lock icon Trial run of Bangladesh-India bus service starts
        121 40 AFP {DHAKA] The trial run of a direct Bangladesh-India bus service left Dhaka yesterday for Calcutta. The air-conditioned luxury coach carrying 40 Bangladesh officials left without fanfare at 7.30 am (0130 GMT) and was expected to take nine and a half hours to
        AFP  -  121 words
      • Article
        Lock icon Boeing delivered 148 jets in 1st quarter
        207 40 Reuters [SEATTLE] Boeing Co said it delivered 148 commercial airplanes in the first quarter, just shy of the pace needed to meet its goal of delivering a total 0f620 this year. The world's biggest aerospace company said it also delivered 24 military jets
        Reuters  -  207 words
      • Article, Illustration
        Lock icon More parties willing to invest US$200m in PAL
        512 40 PAL rh»ittrn>n J group led by Aussie firm willing to revive carrier AFX-Asia, Bloomberg [MANILA] Philippine Airlines Inc chairman Lucio Tan is among two parties said to be willing to invest an additional US$2OO million (***** million) in the company if other
        AFX-Asia,; Bloomberg  -  512 words
      • Article
        Lock icon World Airways hires former Air Canada chief as chairman
        275 40 Bloomberg [HERNDON, Virginia] World Airways Inc, which flies charter passenger and cargo planes for other airlines, hired industry veteran Hollis Harris to become chairman, president and chief executive effective May 1. Mr Harris, 67, was chairman of Air Canada from 1993
        Bloomberg  -  275 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1669 40 cm fucwT cr* fucmt no UHM AM®2JO 1900 OMMrtliWC CZ3S 1045 CZ352 QMS LH630I 1900 Hwol VH741 1310 VK742 0905 SQZ30 WOO $0175 M30 SOI74 M05 *«it trtom $023 0705 U.0038 2300 WIT40 MIO 6**73 0945 KL838 2300 HatYal MI891 mo M892 0735 ft*37 >455 *****
        1,669 words
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      25 25 S Koreans to blame for ship collision, says North State media claims Hyundai Duke chased N Korean ship, colliding with and sinking it. Pag© 2
      25 words
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      Page 25 Advertisements Column 2
      180 25 Evergreen wont buy top shareholder's JAL stake Taiwan group approached by Eitaro Itoyama, who owns 60m shares or 4% of Japan Airlines. Baok Page CLARKSON ASIA PTE. LTD. Is seeking to recruit a Dry Careo Chartering Broker I Clarkson Asia comprises the Asian offices of the H. Clarkson Group based
      180 words
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      1048 26 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX BUPCT SHUTTLE EXPRESS DffIECT TO LA WEST COAST Of CENTRAL AMERICA (MARGARITA BCTVFCE) 1 rasa wr ebsn now in dm hou aac irr wocoarr rata vot |sw jSSTI ooauPM msis v/» I "nTST 27/04 v/m WiTWi* 57ST unu
      1,048 words
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      Page 26 Advertisements Column 2
      83 26 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW POWTS Hong Kong A am cnin« iivuiy thur »uh viiiil) VtSStL VOY tTP SIN ITATYO FTA KOt CTAYOK ITA HGO ETAOSA HOUSTON V.***** (MAPI 12 APK WNH
      83 words
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      Page 26 Advertisements Column 3
      747 26 Members of the -BS®J) the Rspstry at Singapore Freight Forwarders Accreditor Shipping Agents Association Singapore Shippng Association SEMBAWANG KIMTRANS (S) PTE LTD if CONVENTIONAL SERVICES JjL SINGAPORE to lATAM. BINTAN. KARIMUN SINGAPORE to BANGKA ISLAND A i-^-3D SINGAPORE to CILEGON I^Tticl SAMARINDMUUKPAPAN/BARJARMASIN TO SINGAPORE MANILA/SUBK BAT/LUZON TO SINGAPORE Aa^SKC«MOTCN*C^wfeNMrift/Mo*rfcna«ift PX
      747 words
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      1157 27 TO EUROPE FROM EUROPE Iwaa VOY 1 SIN ETM ANR KAAI «V SOU FIT LbTI fvESSII VOT 1 ItTM AJW HAM Htv SOU FIT l£H SMI I NOLPIARL OOOW 05/04 22/04 24/04 27/04 21/04 NOLAGAII *****1/03 13/03 16/03 10/03 03/04 MM* S44W 01/04 01/05 M/ 04 29/04 26/04 NOl CORAL
      1,157 words
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      Page 27 Advertisements Column 2
      1925 27 CMtMNr Sank* HMfcc HANJIN SHIPPING ilk I-1 4 *s Wy« l» -Sdts 7J***** HANJIW SHIPPING (S) PTI LTD hn> Kwf com tOOIINC *****3S 237 SAUS *****24 731 CKKUMHI *****71 774 OftMIIOWS *****50 751 mil UIK *****55 HU ******0 CI NO **********0 M TO NW USA CANADA ~USA f ANAPA' FOB
      1,925 words
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      Page 27 Advertisements Column 3
      517 27 vcsa w_ _sm_ re wr so it ie ua his lussa iwr sa> ire Ivkm |ym jJiTjioJ MOTCUISAII 40tt 02AM 01/04 11/04 13/04 14/04 I kssl llffi I lt% 88 n$ 1 KMTCKBUM6 0055 04/04 04/04 POSH 07/04 11/04 11/04 IS/04 14/04 MttntMl \W I 11/ff I TMp |KMTflh&4ll ftjß
      517 words
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      1456 28 DSR-SENATOR LINES TO UK/CONTINENT TOMEDITERRANEANCANADA VtMa vor MM L£H HTM ANNHAM |mv I FU I VESSEL [vOT SM "oiT lUf FOS W.C MTU W l7 n* 02 05 iIH 30 04 BK JAPAN SENATOR WIWI7 MM MM 77 M 21M OIK ~51» WAIMWVAUNCIA WNOII ISM »M 02 OS 03 06
      1,456 words
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      Page 28 Advertisements Column 2
      858 28 Canter: MM COWTR UNES, INC RouMNaomxan 1 IV/ J cm WO. lIDOITmiOI SIBU: (064) *****9 MANILA (632)*****24 PENANG: «M) *****36 BANGKOK: (662) *****67 SURAEUYA-pi^SSo P-DELANO: (03) *****7/ JKT: (21)*****07 MON: (61) *****3 KUCENNG (082) *****1-3 CALCUTTA MADRAS MV "ASIAN UNK" V.912N MV "SEA MARINE" V.SMNOS7 ETA SIN: 10-4-99 ETA SIN:
      858 words
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      Page 28 Advertisements Column 3
      500 28 LINE Ja Till IIH4M IMb >IMIH MUARA j LABUAN 1 vosa vot mi eta vissa vot rro eta SKtfMUMtA spooe UN jrwsra voti/hoi/o* ii/m jprospb voti/w m/ 04 12/04 (Aim mm vooe/w 12/04 is/m caiaia j«32 vooe/w 12/04 u/04 jpoospb vw/w u/o« 21/ m jpoospb voae/w ii/m 22/04 CARAKA M
      500 words
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      1190 29 1 I PKO I PEN 1 POU I DUB I DAM I SHJ IBA I BIK I ?™l TEYFOURI PJLI34O 12/04 21/04 22/04 23/04 28/04 97/rv* JSSS™ ""J" 19/04 28/04 30/04 I 32E IBAN 26/04 08/08 08/08 07/08 09/08 11/08 IRAN TAKRTi 03/08 12/08 13/08 14/08 18/08 18/08 IRAN TAKHTI
      1,190 words
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      Page 29 Advertisements Column 2
      1420 29 Direct Calif to Kobt (6 Days), Nagoya (7 Days), I Toky (j liyi) I I ri G A P ?«IS!L E £fLi G 6 SH{ MTON WAY HL 226 1900 FAX: *****08 OUTWARD (l/l) 420SM^K)HoI!rOfFK^™^™™"™ "*f li PTI ITD JIiJJSJl 1106 SAIiS/WGS *****57/60 INWARD DEPT (D/ 0) 420S7SS CO STAR
      1,420 words
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      Page 29 Advertisements Column 3
      372 29 Yr-p-, Eastern Car Linkr, Ltd. ufc Ea (SINGAPORE) PTE LTD i A6QfT IN SINGAPORE: I SPECIALIZE IN RORO t HIAVY UFf_UPTQ4SO TOWS ECI {SIMSATOtE) PTE UP LOADING FOR CHENNAI CHITTAGONG/CALCUTTA/CHENNAI MV "MANDIRI JAYA" V.26 MV TERESA PRESTIGE" V0Y.23 ETA SIN 08/04/99 ETA CHEN 14/04/*? ETA SW 10/04/99 ETA CTG 15/04/99
      372 words
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      1250 30 EUROPEAJK/SCANDIWAVIA/FtWLAWD/RUSSU SGP ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG pvi cnp E DIVINE RW-004 10/04 30/04 05/05 01/05 03/05 04/05 05/05 E. REPUTE RE-011 11/03 13/03 12/03 14/03 11/03 08/D4 na*u E OIAOEM RW-005 17/04 07/05 12/05 004)5 10*5 11/05 12*5 E RCHJNO HE W6 B*3
      1,250 words
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      Page 30 Advertisements Column 2
      731 30 f§§iPff PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSSJi Mi 140 Cecil Street, #03-00 PIL Butkiing, Singapore *****0. I CR NO **********06 I I m iw I OUNGA TtKATAI 4 ITTO2I 0/4 10/4 2W41 1 TT. I I WKMBBS BjT "irr~ 3HZ W4 wj V 4 y< —ffi- lis is/4 it/4
      731 words
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      Page 30 Advertisements Column 3
      460 30 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL 1 VOY |sm PUI I DU« 1 JWI 1 err 1»q NAMUI VENUS VO33S 01/04 14/04 70/04 73/04 24/04 74/04 GOLKX OKAGOW Y.OIIS 15/04 74/04 71/04 31/04 W~~ NAffIAIQUEEN V.034S 24/04 04/05 01/05 11/05 12/0S 14/05 KAMTAI DtAGON V.013S 05/05
      460 words
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      463 31 mm MYANMA pHk FIVE STAR UNE W (My«M«r National Line) loading for Yangon (Rangoon) VBSII VOY SIN m KN PGU MHGU VISI SID aw SHWt HAW V22W SU> MALAYSIA AGCKTS: KXJSTUD SHIPPING AGENCIES MIL- m (03)*****00 PRL TU (03) 376*101 KN: TU (04) *****02 PGU: Til (07) *****21/4 BANK LINE
      463 words
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      Page 31 Advertisements Column 2
      1338 31 HYUNDAI MERCHANT MARINE CO., LTD. *0T "8T soul 181 I RTM I AMT HAM TV FB IVCSB VOYI SOU 184 RTM AMT HAM IV ~jj~ "3" MMK 544W 01/04 26/04 01/05 21/04 29/04 NX CORAi 006 C 19/03 20/03 14/03 16/03 07/04 s« 527W 09/04 30/04 01/05 25/04 27/04 HYAOMRAL
      1,338 words
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      Page 31 Advertisements Column 3
      1080 31 1 wjjjoi (fxdafncl <x*xomen Wilhelmsen Lines TO NORTH AND LATIN AMERICA **ORO HEAVY LI FT SIRVKE* [vissa I VOT RAM WIGHT W LAI Ott MIA SAV BAI OtF NTC ttW M 0» tBIo F9M 400 Tm in 1W ~oW Tl7or~ "*****" Ij7oT TsW 2575T "S7ST WST WW~ TOURCOMG F909 4001
      1,080 words
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      687 32 mwnoiomp ta wot/uim chabanoi jakarta/pahjanq VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN NANTA BHUM 440N 07/04 10/04 11/04 OURU BHUM 123S 09/04 ~IIAM I YAMTRABHUM 285N 06AM 11/04 10/04 AKA BHUM 340S 10/04 14/04 KOTA HARTA HTAOI7 00/04 11/04 ANRO JAYAKARTA* 062 10/04 13/04 KT» BHUM
      687 words
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      Page 32 Advertisements Column 2
      34 32 LNS EXPRESS (S) PTE LTD Blk 217 Henderson Road, #01-04 Henderson Industrial Park, Singapore *****5. CR NO: **********0/H Air-Sea International Freight Forwarders KUURA Also accepting Heavy Lilt 6 Project Cargo Tel: 65-276 7996 Fax:6s-*****40
      34 words
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      Page 32 Advertisements Column 3
      458 32 INDONESIA NATIONAL LINE TO AUSTRALIA 1 "7 FULL COMDUNEH SERVICE va Ivptl f« aw Iwl I std 1 11 «41 mi "a** l M/HIO/M 10/04 n/M N/M »/M n/K WOW■UOMB \n H/0417/W M/M »/Q4 M/tS m/m MgIMUMIIWHIMMS n/»4W/t4 W/05 07/W 11/»S U/M U/M ifiwotr linhi/woi/»il ln/wji4/w|i7/oi| |a/os| FEEDER SERVICE TO
      458 words
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      Page 32 Advertisements Column 4
      736 32 vtaatLS voy fan bo. jed mla leh rtm ham zee aof VXE D 6 MROQ6A V3IW IVM 14*>4 23AM 2&04 (WO6 jjj« 07/06 06/06 ~WQ6 VMXEDE TANYA T3lW_ _IWD4 21/04 2BAM 04*06 10*06 11A06 13A» IVQ6 IVO6 VM£ 06 TAURUS A3IW 27AM 2&Q4 0606 11/06 17/06 18*06 20/06 21/06 22*06
      736 words
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      60 33 STiffc Dial 740-6000 on demand! —(Retrieve more schedules I) s£Wr --JE\ Select the port and key in the four digit code eg: To New York (NYQ 2275 Key in your fax S|B£%Enter your phone number Another innovative wvift offered by T^e document WilS be Shipping Times lL*y fa ed to
      60 words
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      148 35 c FREE Reader Enquiry Service cut out and fax to 65-*****29 HmVIDOGnIIRVSI Need HELP or INFORMATION on the following? (please tick relevant boxes) I I SHIPPING SERVICES Port of Origin: Cargo Type: Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a
      148 words
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      Page 36 Advertisements Column 1
      128 36 BB'nH BTninnHiinin iMEitsui QSJL l#hHHl«E<S<dL (FOREST PRODUCTS SERVICE) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST lUR9PI SEBYKI vßsa/voY «n uwuchamnc manla hongkong keeujng OCEAN QUUN 25/04 55/04 DON VOTOI6 15/04 17/04 22/04 LOAMNGFOt: PASQUALE JBBM/yn/FUKMM/NmMr MAUTSIA-iiiNM TAWAU- CMKMN FRDGMT SVCS PORT KHANG AGENT: SUNSMP AGOKKS (M) SON WD P.
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      Page 36 Advertisements Column 2
      171 36 W^^^^^^MTimTTTWTSTTTWSffmftTfVSTWtV^^^M J SMIPPINQ LINE if .ill |i 111 BIVI ItlL 1 -I I I l[ll|l I LIBYA BENGHAZI TRIPOLI Ivpsami voiwo hhom vmuou pomi naatum pot moma thwu" mmm 1339 1903.99 7903.99 amw ■agog i/mw nmw 15.04.99 TFTTOUtI 1340 25.03.99 05.0499 15.04 99 RAOAUI 70.04 99 74.04.99 71.04.99 VAHDAI 1)79
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      Page 36 Advertisements Column 3
      145 36 jSs ESP LINES WUKIY ICI AMD Kl SiKVKt muwKM mug EUtOft OVTTAGOM, MAMUS lAMKOC, MM MM MAMUM tOTTDtWUI MMAY, COLOMO UMCTA.MMU AMTWOP, KUBTOWI CMCWTA WO(M—IjWUHMM REGULAR CONTAINERISED INDONESIAN SOVKE IVtSSa/VOTAg STOW I JKT I SW I UPC HK I r uniM/m rvn nm a/c Vi/n ramn/Dcwn< km vm S. CAUU>
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1067 37 SAM UP ERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: RS23I4C Chan/Jeslynn/Oora/Hanlm WlrflikM 7 SLGS/WEEK IsMMfllsMM 2 SLG/WEEK [VESSEL VOY SIN r~JAK I VESSEL IVOY I SIN [PLB 739S 08/04
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      Page 37 Advertisements Column 2
      31 37 PHOENIX SHIPPING (ptyi LTD A CA SPORE DURBAN TIATBA TU TEA^ Accepting cargo for Madagascar, Reunion, Seychelles Mauritius, Beria, Maputo subject inducement. Agents: Ben Line Agencies (S) Pte Ltd Tlx: RS243QQ
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      Page 37 Advertisements Column 3
      751 37 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I ..TJiffJ ,SiJ mww m wn w wnwm jj M/ 04 /os w/os 30/05 w/0 /0 /ot ls/0 H«CH^M/O/SO "twos" M/M 13/9 i 18/ M um. 14/06 17/00 21/0* ilifit 30/0* m -?yj- llffL MZBL -11/06. _lj/07_ Jl/OL JiZOL Jg/OT. 25/07 29/07
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      Page 37 Advertisements Column 4
      52 37 SHIPPING* WAREHOUSING Mom: Singapore Loading Daily Man to Sal (BATAMINDO l/JII) Accepting KTX?onventional/Pro)ect/Hea\y I jft Cargo Reefer Coraainer •intoa: Singapore Loading Mon. Wad A Hri (BATAMINDO II) Accepting KTX"onvenoonai/Prr>ject St Heavy Lift Cargo 227 0322 Fu: 222 9330 BctanMo Ship piny Worthomhig Pt« Ltd 7A Uff* M-l Nfr tmmfbi »03-5
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      Page 37 Advertisements Column 5
      591 37 fffi Singapore Soviet Shipping CPI k\\l aNo **********0* ■X\l Mtflti,| ne Shipping PI WJJJ (WW*WS«W»y) CR N* *****V*****C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNO33 06/04 15/04 27/04 28/04 KOTA RATU RTUO4I 14/04 21/04 03/06 04/06 PgRAK 23/04 03/05 14/05 15AM VESSEL VOY 811 CALCUTTA SIM EPONYMA 008
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      588 38 TKj£R ISLAND 699N 1011,04 16 ISO 4 23-24/04 I TIGER PEARL '00N 13-13 KM 2(V2Zt)4 27 27/04 I TIGER SEA 701N 30-01/05 B TIGER BAY 702N 20-2004 27 29/04 04 05/05 I TIGER ISLAND 703N 23-2404 3002/05 07 0&05 I TIGER PEARL 704N 27-27/04 04 06/05 11-12/05 I IVESSE^^^^VO^^SINCIALSI^I XPRESS
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      Page 38 Advertisements Column 2
      976 38 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 I-mail: flesin®singne».com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD CEBU LAEM CHABANG SAN ANTONIO ALEXANDRIA COLON, PANAMA MALTA SANTOS BUENOS AIRES ISTANBUL MEXICO CITY SHANGHAI CALLAO, PERU IZMIR NEW DELHI XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong
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      Page 38 Advertisements Column 3
      39 38 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 04WB 15/04 26/04 02/05 ALSTON 05 WB 13/05 24/05 30/05 ACCEPTING TO JOHANNESBURG AGENTS: SINGAPORE BEN LINE AGENCIES T*(: *****22 Fax: *****63
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      Page 38 Advertisements Column 4
      1028 38 OOCL (Sinoopore) Phi LM ck i 65 CMa Si OOC Or #42-00 *****13 Mk 513 #01-128 r %M aNO 11S7S7MOOON W: 272 7827 nrb9tkm§ W: *****83 Fmk 431 2966 F„: 272 7825 emivk¥ JUL 1 f|«fl J «-t*r (Malaysia) Sdn Bhd (RagNa *****7-u) rfl vS. PfTAUNG JAYA T«t 03-756 7776
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  • Page 39 Miscellaneous
    • Miscellaneous
      Page 39 Miscellaneous Column 1
      122 39 LEGEND R Thunderstorm Temperoture y^\ y Shower Weother Wind direction with speed m knots e Rom Cloudy Sky Wov h «'g*» Sorfoce winds ore mdkoted by arrows which Hy with the wind One Ml c»cle represents calm or light and variable winds i—► One holt fleche represents 5 knots I—»■
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      76 40 ARE YOU LOOKING FOR A CHANCE TO MAKE THAT BREAK ASHORE? We are currently looking for an ex-seafarer, with minimum experience as 2nd officer or chief officer, to join a fast expanding operations team. Gas shipping experience will be an advantage. To find out more, please call Ms Nicole at
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