The Business Times, 9 April 1999

Microfilm: NL21482
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES Ist Copy 85c S I N G A P 0 R E Internet: http://business-times.asia! .com.sg/ FRIDAY, APRIL 9, 1999
    22 words
  • Article
    MARKET SUMMARY
    61 1 UIC4LSI (+19.29) mm bt-sri U HUB (+8.00) ffIttSCIIVIUIIB U®LBo(+o.6o) JgnußraMk 9T0CK MABXET DIDKSS Unraday numgw KLSE COMP iMM +6.91 NIKKEI *****J9 +292.19 HANO SENG 11,727*4 __>112J7 SET INDEX 366.09 +M7 JAKARTA COMP _4MlM +4.W MANILA COMP _2,10t88 +J4.71 TAIPEI WP! 7,*****__+137£2 nOVMBMP ,681.19 *m CL8A CHINA B HA34
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  • Article
    FINANCE
    68 1 ram bates uss ss UM, L7SS £(CS$/SSper£) tJM_w_178« EU«DflJS£'S$ perE) 1.079 1-871 1.813 1MB__L4»4' HW r Z 1J4& 9524 BAW_ 17.77 1 4M4 RUHA8 8.7M 0.020* •StQMwm PUBE BATES SOMtfOHg* 5.826 KUALA LLWUR Hi* JAKARTA -28.86 BANGKOK 1471' MANILA J2J» HONGKONG 10.26 SYDNpY ,.J 846 TOKW ±m SEOUL 14.96
    68 words
  • Article, Illustration
    Lock icon Clob investors were net buyers of KL stocks during Asian crisis
    922 1  -  Their combined holdings in M'sian companies doubled to 11.7b shares in August last year By. Alvin Tay [SINGAPORE] Singapore's Clob investors were not responsible for the sell-down of the Malaysian stock market during the Asian economic crisis, figures obtained
    Source: Bloomberg  -  922 words
  • Article
    Multibillion-dollar boost for S'pore venture capital industry
    535 1  -  New fond is part of technopreneurship concept plan Byl Kenneth James [SINGAPORE] Singapore's fledgling venture capital industry has been given a powerful shot in the arm with the setting up of a US$l billion Technopreneurship Investment Fund (TIF) aimed at attracting more venture
    535 words
  • Article
    Lock icon Seoul posts first growth since crisis
    441 1 Economy turns in surprise 3.1% QI growth Bloomberg [SEOUL] South Korea's economy expanded for the first time since it was battered by Asia's crisis and the recovery is picking up speed, the central bank said. Gross domestic product grew 3.1 per cent in the
    Bloomberg  -  441 words
  • Article
    Jack Chia family companies file for judicial management
    551 1  -  Move to protect stake in listed JC-MPH By Conrad Raj [SINGAPORE] in a move said to have taken its bankers by surprise, the Jack Chia family is placing its private companies under judicial management to prevent further erosion of its stake in
    551 words
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      132 1 ihside PHMnMNCh Courting multinationals from all industries to invest here will be the mainstay of Singapore's economic policy, but that should not be misinterpreted as the government's lack of faith in local companies, said Prime Minister Goh Chok Tong yesterday, Pg2 Hack Lick Slew Guess who is the current darling
      132 words
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      35 1 Clob not a key factor on KLSE's worst falls, Pg 18 Clob shareholding! average $11,600 per account, Pg 18 NSTB chief to gioe up perm sec post, Pg 2 Dramatist, architect on panel, Pg 2
      35 words
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      49 1 Wi. If iPw 3BBH w to win a NETS EM 10 W Vi-X V >• Europe chops interest; rates 6 I'm staggered by the size. 9 Adam Chester of Halifax pic in London Full report, Pg 16 I'jr.igun Sumo, V it\ M.i! P.HUM-;! I*, t>i r.i i. =I- V R.iHu
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      5 1 Latter to the Editor, Pg2
      5 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Wooing MNCs will be mainstay of S'pore policy, says PM
      412 2  -  Bat no loss of faith in local firms; key is for S'pore companies to leverage on MNC presence By. Annette Pau COURTING multinationals from all industries to invest here will be the mainstay of Singapore's economic policy, but that should
      ARTHUR LEE  -  412 words
    • Article, Illustration
      Lock icon Matsushita to invest another $450m here
      505 2 About $250 m will be for expansion of disk drive production JAPANESE consumer electronics giant Matsushita best known for its National, Panasonic and Technics brands wHTlinvest some $450 million in Singapore over the next three years, senior company executives said yesterday. They were speaking
      ARTHUR LEE  -  505 words
    • NEWS Roundup
      • Article
        Shell raises petrol prices
        62 2 PUMP prices for petrol will be four cents higher for all grades at Shell stations from today. The pump price for diesel has also been raised—by 2.5 cents. Announcing the increases yesterday, Shell said they represent only a partial recovery of its cost increases in recent
        62 words
      • Article
        Panels on ageing members named
        91 2 THE government has named the members of the six workgroups of the Inter-Ministerial Committee on Ageing Population, drawing from representatives of the government, professional bodies, and employer, labour, voluntary organisations. The Ust, made public yesterday by the Ministry of Community Development, includes Stephen Lee, president
        91 words
      • Article
        Cheow Tong visiting Malaysia
        48 2 HEALTH and Environment Minister Yeo Cheow Tong will be In Malaysia today and tomorrow at the invitation of Malaysian Minister of Science, Technology and the Environment Law Hieng Ding. The visit is part of an annual exchange between the environment ministers of both countries.
        48 words
    • Article
      Dramatist architect on board technopreneurship panel
      348 2  -  By, Jennifer Lien WITH names like prominent dramatist Kuo Pao Kun and architect Tay Kheng Soon on his team, Creative Technology chairman Sim Wong Hoo has made some "surprising nominations" for his privatesector technopreneurship team, in the words of Minister for Info the Arts
      348 words
    • Article
      NSTB chief Teo Ming Kian to give up perm sec post
      137 2 TEO Ming Kian will step down as Permanent Secretary for Communications to become full-time executive chairman of the National Science and Technology Board (NSTB) with effect from June 1. Alan Chan, Deputy Secretary (International) for the Ministry of Foreign
      137 words
    • Article, Illustration
      Jobless rate seen rising to 6.2%
      349 2  -  EYE ON TUB ECONOMY OUTLOOK By. Audrey Tan SINGAPORE'S unemployment rate may worsen to 6.2 per cent by the end of this year, despite an expected pick-up in economic growth, says a report by S G Securities. Economists at the securities firm expect wages
      349 words
    • Article
      Price Waterhouse hired to enhance value: JC-MPH
      462 2 unuo_ WE refer to the article titled "JC-MPH management should keep shareholders informed" (BT, April 8). The JC-MPH Group has a diversity of businesses and the board of JC-MPH had for some time taken the view that the performance of the group could
      462 words
    • Article
      Law does not allow for automatic conversion: RCB
      288 2 ROLAND Ma ("Audit Costs are nominal for private limited firms", BT, April 6) commented on the BT article "Singapore reviewing need for auditing of private firms" by Anna Teo (BT, April 5), and raised the possibility of allowing the "conversion" of inoperative
      288 words
    • Article, Illustration
      Lock icon Corporate customers willing to give business to us: StarHub chief
      586 3  -  He says his company will have advantages not common in most new entrants By < Catherine Ong CORPORATE customers, who collectively account for some 80 per cent of Singapore Telecom's $5 billion revenue, are all prepared to give a slice
      CHRIS LOH  -  586 words
    • Article
      Mortgagee sales dominate at Knight Frank property auction
      325 3  -  By David Boey FORCED sales dominated the proceedings at Knight Frank's property auction yesterday, with 10 out of 14 lots on offer being mortgagee sales. Mary Sai, Knight Frank's auction director, said that about 300 people crammed a ballroom at the Grand
      325 words
    • Article
      S'poreans want US$1m or more to retire comfortably
      384 3  -  By Clarissa Tan TO most Singaporeans, a comfortable retirement is an expensive option. According to a MasterCard survey, more than half believe they need US$l million (SJI.7 million) or more to ensure a comfortable retirement. At 53 per cent, the Republic topped
      384 words
    • Article
      Escap sees 0.5% S'pore growth, the 2nd slowest in region
      331 3  -  By, Audrey Tan SINGAPORE'S economy may be the most sluggish of Southeast Asian economies this year, barring Indonesia, said a United Nations survey released yesterday. The UN's Economic and Social Commission for Asia and the Pacific (Escap) expects Singapore growth
      331 words
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      240 3 This announcement does not constitute an offer or an invitation to any April 1999 person to subscribe for or purchase any of the securities described herein, nor is it calculated to invite, nor does it permit the making of, offers for such securities. The issues have been fully subscribed and
      240 words
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      113 3 New homes on the auction block, EM, Pg 14 This announcement does not constitute an offer or an invitation to any April 1999 person to subscribe for or purchase any of the securities described herein, nor is it calculated to invite, nor does it permit the making of. offers for
      113 words
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  • ASIA ON THE MEND
    • Article
      Lock icon Funds going out in Sept won't top US$5b, KL says
      283 4 AFX-Asia, AFP [KUALA LUMPUR] Deputy Prime Minister Abdullah Ahmad Badawi said the government is confident that not more than US$5 billion (SsB.7 billion) will be repatriated in September when foreign funds are allowed to take out their money without paying
      AFX-Asia,; AFP  -  283 words
    • Article
      Nikkei gains 1.8% to 16,847
      411 4  -  Stocks end at highest level in over a year as SAP, Fitch stay positive on Japan From, Anthony Rowley in Tokyo TOKYO stock prices continued their dramatic and sustained rise yesterday as the Nikkei-225 average pushed up a further 292.19 points or 1.8 per cent
      411 words
    • Article, Illustration
      Lock icon A dog's existence
      35 4 [BANGKOK] A Thai man camping out on the streets of Bangkok with his dog. He is one of hundreds who eke out a living collecting bottles for sale to recycling depots. AFP
      AFP  -  35 words
    • Article
      Lock icon KL comfortable with interest rates now
      144 4 AFP, Afx-Asia [KUALA LUMPUR) Malaysia's Second Finance Minister Mustapa Mohamed said the government was "quite comfortable" with the current interest rate regime but would continue to monitor the situation. The central bank's intervention rate largely determines interbank lending rates, which are the basis on
      AFP,; Afx-Asia  -  144 words
    • Article
      Lock icon Govt could take big slice of Chandra Asri
      201 4 POST-SUHARTO FALLOUT Petrochem firm shareholders may have to hand shares to govt to cover NPLs Reuters [JAKARTA] Indonesia said yesterday that shareholders of PT Chandra Asri may have to transfer part of their holding to the government if the petrochemical firm failed
      Reuters  -  201 words
    • Article
      Lock icon Suharto may lose cattle ranch, says govt
      190 4 AFP [JAKARTA] Fallen Indonesian president Suharto may lose a 750-hectare cattle ranch in the hills overlooking Jakarta, the authorities said yesterday. "We will coordinate with other government agencies, in particular the National Land Agency, on whether to renew the usufruct (right to use)
      AFP  -  190 words
    • Article
      Lock icon Suharto son Bambang replaced at Plaza Indonesia
      108 4 Reuters [JAKARTA] Shareholders of Indonesian property company PT Plaza Indonesia Realty agreed yesterday to replace the son of former president Suharto, Bambang Trihatmodjo, as president director. "Bambang Tri has resigned as president director and has been replaced by Rosano Barack," the company said
      Reuters  -  108 words
    • Article
      Lock icon Thailand, S Korea get loans and praise from IMF
      443 5 Thai exchange rate has stayed stable, interest rates down further: Camdessus Bloomberg [WASHINGTON] Thailand will get US$5OO million (SsB6s million) and South Korea US$245 million in loans from the International Monetary Fund and other lenders, in a vote of confidence that
      Bloomberg  -  443 words
    • Article
      Lock icon US$133b lost on derivatives in crisis: World Bank
      302 5 Reuters [WASHINGTON] Banks and other investors may have lost as much as US$l33 billion (Ssl23 billion) on over-the-counter derivatives since the Asian financial crisis began in 1997, the World Bank said in a report on Wednesday. "The availability of derivatives instruments, coupled
      Reuters  -  302 words
    • Article, Illustration
      Lock icon 2,000 axed staff rally for quick reply on severance
      283 5 BAMS CLOSURES AFP [JAKARTA] Some 2,000 sacked employees of 38 closed banks protested outside the office of the Indonesian Bank Restructuring Agency (Ibra) yesterday to demand higher severance pay, witnesses said. The protest was the biggest in a series since Indonesia
      AFP  -  283 words
    • Article
      Lock icon S Korea to name more merchant banks for closure
      66 5 Reuters [SEOUL] South Korea will choose up to two merchant banks for closure by the end of this month, an official at a financial regulatory body said yesterday. "The closure itself may take longer but the names of the merchant banks
      Reuters  -  66 words
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      469 4 NOTICE Call 101 l tree 1800 741 18«3»Fa»No *****98 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF RICHARDS BASMAJIAN PTE LTD (In Members Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held
      469 words
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      284 4 K TODAY LianheZaohao XJHKftSb, mmmmrmh. An Invitation STONYHURST COLLEGE United Kingdom Jesuit Roman Catholic Boarding School for boys and girls (Prep School: 7-13; College: 13*11) 3g»! I The Headmaster of Stonyhurst College, Adrian Ay I ward, will be visiting Singapore between April 27*30 to meet current parents and interview prospective
      284 words
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      77 5 WITH THE NEV^ n f M mnn< -r EaHy naming system. ■Hj** .'*s if* v*- '*ljLJ> *VV'"* -.< j. > -J*' f *iC Being alert to global trends prepares you for the impact they will have locally. The International Herald Tribune detects the early warning signals and identifies the opportunities
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  • SOUTH EAST ASIA
    • Article, Illustration
      Lock icon Mahathir appears on TV, says he's feeling better
      456 6  -  Brief appearance an apparent bid to stop talk that his health has worsened From Eddie Toh in Kuala Lumpur PRIME Minister Mahathir Mohamad is feeling better and hopes to get back to work as soon as possible. The ailing Malaysian premier appeared
      AFP  -  456 words
    • Article
      Lock icon Wiranto gives guarantee investments will be safe
      286 6 JAKARTA He meets investors a day after news of 90% fall in approvals Reuters INDONESIAN armed forces commander General Wiranto yesterday urged foreigners to invest in the crisis-racked country, giving a personal promise that their investments would be safe. The armed forces took
      Reuters  -  286 words
    • Article
      Lock icon Elections will go ahead: Amien
      368 6 JAKARTA AFP INDONESIA'S June 7 elections will go ahead as scheduled despite security concerns following continued bloody unrest in the country, presidential hopeful Amien Rais said yesterday. "I believe the elections will take place as scheduled simply because the government and the people cannot afford
      AFP  -  368 words
    • Article
      Lock icon Indonesia asks UN to push back talks on E Timor: sources
      299 6 JAKARTA AFP, Reuters INDONESIA has asked the United Nations to delay next week's meeting on East Timor because its blueprint for autonomy was not ready, sources close to the talks said yesterday. The meeting between Indonesian and Portuguese senior
      AFP,; Reuters  -  299 words
    • Article
      Lock icon Thailand says boy's death not linked to pig virus
      370 6 BANGKOK Another death in Negri Sembil&n pig-breeding region Reuters THAILAND said yesterday the death this week of a four-year-old Thai boy near a pigbreeding area was not linked to Japanese encephalitis as originally feared. Suvit Phonlarp, directorgeneral of the Livestock Department,
      Reuters  -  370 words
    • NOTE Book
      • Article
        Lock icon Arafat meets Habibie on stopover
        58 6 AFP [JAKARTA] Palestinian President Yasser Arafat made a brief stopover in Indonesia to meet President B J Habibie late yesterday, a senior official said. State Secretary Akbar Tanjung did not say what was discussed between Dr Habibie and Mr Arafat, who left Tokyo earlier yesterday
        AFP  -  58 words
      • Article
        Lock icon MSC status for 205 firms so far
        94 6 Bernama [KUALA LUMPUR] A total 0f205 companies, including 31 world class companies, had received Multimedia Super Corridor (MSC) status as at March 30 this year. Minister of Energy, Communications and Multimedia Leo Moggie said here yesterday. Meanwhile, approved capital invested amounted to RM4.I
        Bernama  -  94 words
      • Article
        Lock icon 13 reported killed in Kalimantan
        69 6 AFP [JAKARTA] Thirteen people were killed when Indonesian troops and police opened fire to fend off a mass attack by rioters in troubled West Kalimantan province, a report said yesterday. Thousands of ethnic Malays and Dayaks descended on Singkawang on Wednesday and clashed with security
        AFP  -  69 words
      • Article
        Lock icon Bank Bumiputra cuts BLR to 7.65%
        80 6 Reuters [KUALA LUMPUR] Bank Bumiputra Malaysia Bhd, one of Malaysia's largest commercial banks, said yesterday it was cutting its base lending rate (BLR) to 7.65 per cent from 8.05 per cent from today. The bank last cut its BLR on Nov 16,1996. Several other
        Reuters  -  80 words
    • Article, Illustration
      Lock icon Supachai flies to Europe in last-ditch bid for WTO job
      343 7 BANGKOK He will lobby for support in Germany, Portugal, Belgium and Geneva AFP THAILAND'S candidate for the leadership of the World Trade Organisation (WTO), Supachai Panitchpakdi, has left for Europe in a last-ditch bid to woo more supporters, officials said.
      AFP  -  343 words
    • Article, Illustration
      Lock icon Cambodia gets its first Internet cafe
      174 7 PHNOM PENH Reuters CAMBODIA'S first Internet cafe has opened and hopes to provide travellers and foreigpers in Phnom Penh access to the World Wide Web, the manager said yesterday. "We have two main types of customers the transients, from backpackers to business travellers, and
      Reuters; REUTERS  -  174 words
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      1097 6 NOTICES To advertise call toll-tree 1800-741 1883 Fax No: 741 1298 BankExim Bank Ekspor Impor Indonesia CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENTS OF INCOME As at December 31,1997 and 1996 AND RETAINED EARNINGS For the years ended December 31,1997 and 19% Rp Million 1997 1996 Rp million ASSETS Cash and Bank
      1,097 words
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      349 7 An event featuring the world's finest coffee tea, wine and specialty foods. Connoisseur Lifestyle 99 should not to be missed by those with a taste for the finer things in life. For the first time in Singapore we have combined three shows in one which will delight the gourmet MMIUIIIWIIIIUMIMI
      349 words
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      543 8 J ill I I— I II f 1 11 i Ji Jf II I I M I J.l fIL i i'i mmi i i >TV Shell Marine jII ip INTERMAXINE j Hup Yew Sen bLLLUISNpyara LSmj»ngmarine bQZQJEagIe fUJ\ p roducts l|||r SUPPLY CO. Construction P^ni h ,T^r7" Lt<o K*PP*' s'ngmarine
      543 words
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      378 9 I^Hi KEPPEL SMIT TOWAGE CHALKS A FIRST IM SINGAPORE BKeppel Smit Towage is proud to announce the naming of its two latest harbour tugs, the first in Singapore equipped with a Class approved Fire-Fighting Ship 1 and comprehensive antioil pollution capabilty. Sister tugs KST Kancil and KST Kijang built by
      378 words
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      2916 10 lIH CHUNG KHIAW BANK UMIT6D AND ITS SUBSIDIARIES II I I INCORPORATED IN THE REPUBLIC OF SINGAPORE BALANCE SHEETS AS AT 31 DECEMBER 1998 The Group Th* Bawfc Th« Group The Bank ,W> 1997 IW 1997 Not** 1998 1997 1996 1997 rooo rooo rooo 1000 rooo rooo rooo~ rooo~ SHARE
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      2521 11 HII CHUNG KHIAW BANK LIMITED AND ITS SUBSIDIARIES II I I INCo ATto IM MPUBI.K Of SIN6AKME NOTES TO THE FINANCIAL STATEMENTS -31 DECEMBER 1998 |e| The movement* in the provisions for diminution in value of other long term investment* during the year 19 Dividend Income 8k> ?y o Q
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Spy story: Did Clinton act as fast as claimed?
      403 12 WASHINGTON China's alleged N-spyingmaynotbe as old an event as US officials say NYT IN early 1996, the US received a startling report from one of its Chinese spies. Officials inside China's intelligence service, the spy said, were boasting that they had
      NYT  -  403 words
    • Article, Illustration
      Lock icon A bridge too for?
      70 12 AFP [SHANGHAI] A man walks by a foreign beer advertisement in the Shanghai subway station yesterday. Foreign beer makers have been pouring into China since the early '90s to tap the huge potential market which is growing at nearly 20 per cent annually, but few have
      AFP  -  70 words
    • Article
      Lock icon China plan to fund brokers may put banks at risk
      425 12 BEIJING Govt urged to tighten supervision of brokerages Reuters CHINA'S plan to open bank credit taps to cash-strapped will put the banks in jeopardy unless the authorities tighten supervision, brokers said yesterday. •Tightening watches on brokerages is a must for
      Reuters  -  425 words
    • Article
      Lock icon Central bank says no plan to cut China rates
      334 12 SHANGHAI Economist's comment not official view, says PBOC Bridge News THE People's Bank of China (PBOC) is not planning an interest rate cut, despite a Bank of China (BOC) economist's comment to the official China Daily, an official on the PBOC
      Bridge News  -  334 words
    • Article
      Lock icon China orders ban on pirated software in govt offices
      267 13 WASHINGTON Bloomberg CHINA ordered all government offices to stop using pirated software, a move the US and software firms have sought for years that could ease the Asian giant's entry into the World Trade Organisation. "This is a milestone in China's
      Bloomberg  -  267 words
    • Article, Illustration
      New supply of HK private housing to surge 62% this year
      694 13  -  Office completions expected to fall back; developers renew interest in land fYorn Quak Hiang Whai in Hongkong THE Hongkong private housing sector, which saw prices plunge 36 per cent last year and 44 per cent from its peak in
      694 words
    • Article
      Lock icon Taiwan exports up 3.5% to US$28b in Q1
      285 13 TAIPEI AFP TAIWAN'S exports rose modestly in the three months to March, official data showed yesterday, amid hopes of a turnaround from last year when shipments recorded their biggest plunge in four decades. Exports rose 3.5 per cent to US$27.B billion (5548.2
      AFP  -  285 words
    • Article, Illustration
      Lock icon HK starts probe into new strain of bird flu
      311 13 HONGKONG Two people in HE, 5 in China hit, bat all have recovered AFP HONGKONG health authorities have launched a probe into a new strain of the fatal "bird flu" that struck down two girls, a spokesman for the territory's health
      AFP; REUTERS  -  311 words
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      400 12 Ik T Jp" IJf Iml t -Jr l 1 ißk J m -'•>—•■ x? .fe >■ i -< N i". r» 4| anvi, -jr* L r. v "-'"C. '.-V/ i; ~t ,V "-V ''"1 --ftfcM iWif/ W: v i-\: w ft <*£. tjte ,'^T" t soak. '*>*''"/ :J 'tIL 'Wr-''
      400 words
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      127 13 (Local) 100% solid #'\|7 11 teak wood coffee I V Nil table in many 8 I different sizes I $980-$llBO I Many different sizes M urn from own factory H Comparison woUomo 3£ y. Credit Cards KCtpltd fijjgwJfSpKjj WING MEE FURNITURE 9»jm mgmsM Jalan Merah Saga #01 -52 Kf/» |f|fff||
      127 words
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      1924 13 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 9< THE MATTER OP THE COMPANES ACT, CHAPTER 80 AND SUPREME OCEAMC MARRWE PTE LTD QN MEMBERS' VOLUNTARY UQUOATION) (RE-PUBLICATION) held at the Registered Office at 4M Alexandra Read #00-00, NOL SwHdlng, ITlnniiore *****2 an Mi June 19M tie
      1,924 words
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  • ASIA
    • Article, Illustration
      Lock icon India's opposition parties working on ways to demolish fragile govt
      303 14 NEW DELHI Congress canvassing smaller parties even as Sonia denies wanting office AFP, Reuters [NEW DELHI] India's opposition parties were working on strategies yesterday to topple the Hindu nationalist-led government, with a communist leader playing the key be-hind-the-scenes demolition role.
      AFP,; Reuters; AFP  -  303 words
    • Article
      Lock icon BoJ readies Y40t in funds to cover Y2K
      419 14 TOKYO Contingency effort is first such plan announced by an industrialized nation FT THE Bank of Japan (BoJ) has disclosed details of a massive 40 trillion yen (***** billion) contingency plan to tackle unforeseen Year 2000 (Y2K) problems the first such announcement
      FT  -  419 words
    • ASIA Notes
      • Article
        Lock icon Trial of Kim Young Sam's son begins
        119 14 AFP 111 [SEOUL] The disgraced son of ex-president Kim Young Sam will stand trial this week in South Korea's highest I court on corruption charges, court authorities said yesterday. Kim HyunChul was jailed in June 1997 for influence-peddling and tax evasion. But he
        AFP  -  119 words
      • Article
        Lock icon Sikh pilgrims mark 300th anniversary
        83 14 AFP [ANANDPUR SAHIB, India] The largest gathering of Sikhs in history began yesterday as pilgrims from around the world converged on this northern Indian town for the 800 th anniversary of their religion. Anandpur Sahib, or City of Bliss, has been given a five billion
        AFP  -  83 words
      • Article
        Lock icon Bangladesh PM appeals to opposition
        72 14 AFP [DHAKA] Bangladesh Prime Minister Sheikh Hasina Wajed has urged the opposition to stop stirring up trouble following a mass walk-out in the country's Parliament. But her appeal in a stormy parliamentary debate on Wednesday was set to be followed yesterday by anti-government demonstrations in
        AFP  -  72 words
      • Article
        Lock icon India's import curbs violate rules:WTO
        49 14 AFX-Asia [WASHINGTON] The World Trade Organisation ruled that Indian import restrictions violate WTO regulations, US officials said. A statement from the office of the US Trade Representative said a WTO panel rejected India's claim that its balance of payments situation justified the restrictions. —AFX-Asia
        AFX-Asia  -  49 words
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      280 14 1/ x,x e^BF I j| v t aV,/' f y: liir fljHBF *frfrL 1 \®fe t jt '"flTifcy, n r I. A i I wiib't-k&i M fSaLg :i, i Jf| 1 nr *^b#€!****&& H ■ETlff-n Hl >-' _!i MJTIARA Premium Views from a Premium Property Exclusive 37 unit development in,
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  • THE WORLD
    • Article
      Lock icon Europe Central Bank cuts rate by half point to spur growth
      512 15 FRANKFURT Economists had qxpected redaction of no mm than fnarter-point Bloomberg, AFP, Reuters THE European Central Bank reduced its benchmark interest rate by a more-than-expec-ted 50 basis points, its first cut since the euro's introduction, to spur slowing economic
      Bloomberg,; AFP,; Reuters  -  512 words
    • Article, Illustration
      Lock icon Milosevic, Albanian leader talking: report
      409 15 BUDAPEST AFP, Bloomberg, Reuters YUGOSLAV President Slobodan Milosevic and moderate Kosovo Albanian leader Ibrahim Rugova have agreed on working out a plan for creating an interim government in Kosovo, Russia's parliamentary speaker Gennady Seleznev was reported as saying here yesterday. Their plan would also promote
      AFP,; Bloomberg,; Reuters; REUTERS  -  409 words
    • Article
      BOE reduces rates to lowest levels in 27 years
      300 15  -  From Neil Behrmann in London THE Bank of England has cut British interest rates to the lowest levels in 27 years. In a move that was widely expected by the market, the central bank yesterday lowered rates by 0.25 percentage point
      300 words
    • Article, Illustration
      Lock icon Zhu, Clinton sound optimistic note
      522 15 WASHINGTON US officials report significant progress in WTO talks AFP, Bridge News CHINESE Premier Zhu Rongji arrived at the White House yesterday for tough summit talks with President Bill Clinton that could clinch a deal on China's membership in the World Trade Organisation. US officials
      AFP,; Bridge News; AFP  -  522 words
    • Article
      Lock icon Banana ruling: France may ask EU to appeal
      355 15 PARIS AFP FRANCE might ask the European Union to appeal against a WTO ruling which condemned EU rules for the banana trade, the government here said yesterday. "France is studying the possibility of asking the European Union to contest through appeal all
      AFP  -  355 words
    • Article
      Lock icon Fed officials see continued US growth without overheating
      441 15 WASHINGTON Bloomberg AFX-Asia THE US economy, paced by productivity gains that hold inflation in check, will continue to grow this year without overheating, two Federal Reserve regional bank presidents said. In the first public comments by Fed officials since last week's meeting
      Bloomberg; AFX-Asia  -  441 words
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      Page 15 Advertisements Column 1
      60 15 Nato on a propaganda blitz in Serbia, Pg 16 I he nev^iper Do you know why some people whack their seats in 1 the MRT train before they sit down? Or what hand gestures acceptable in the west are considered |H k offensive here? Check out the Expats Page and
      60 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Nato on a propaganda blitz in Serbia
      741 16  -  THE BOTTOM LDVE OPINION By William Safire The writer is a New York Times columnist NYT IN A New Year's Eve episode of the '50s programme Candid Camera, the interviewer Allen Flint went into a Times Square novelty shop and asked for a
      NYT  -  741 words
    • Article
      IN OTHER WORDS
      161 16 'California has a woman who comes each year to China Every time she raises the same old issue about citrus fruit... Thank God, from now on she will never raise it again!' -itata# Chinese premier, of US Senator Dianne Feinstein who regularly complained about China's ban on
      161 words
    • Article
      Malaysia's half-recovery
      657 16 EDITORIAL THE White Paper on the state of the economy presented by the Malaysian government in Parliament on Tuesday paints an upbeat picture. Nevertheless, reading between the lines reveals several "ifs" and "maybes", which suggest that it's too early to conclude that the Malaysian economy is out of
      657 words
    • Article, Illustration
      Building pillars for new financial framework
      973 16  -  IMF and other bodies work on new roles for the global market, and systems to contain a crisis By] Donal Donovan The author is the director of the IMF-Singapore Regional Training Institute. He contributed this article to BT IT IS perhaps in the nature
      973 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1001 16 WTO needs leadership THE World Trade Organisation (WTO), which is supposed to be the key element of an open and fair international trading system, faces major challenges just as it is on the verge of being leaderless. The WTO handed down a reasonable ruling this week
      1,001 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon IPOs all the rage again as STI, sentiment recover
      732 17  -  10 BOW listings so far this year, the bulk in last 2 weeks; recent IPO stocks snrge By- Annette Pau [SINGAPORE] Listing hopefuls and merchant bankers are making hay while the sun shines with a burst of initial public offers on
      Compiled by BT  -  732 words
    • Article
      Total Automation IPO: 36% for 1-9 lot applicants
      155 17 [SINGAPORE] Small investors who applied for between one and nine lots received 36 per cent of shares from the initial public offer of Total Automation, a homegrown control and instrumentation engineering specialist. 1 Balloting was held yesterday for the offer, which closed
      155 words
    • Article
      Tan Chong in limelight and for right reasons
      672 17  -  HOCK LOCK SIEW Christopher Tan AS FAR as motor distributors go, Cycle Carriage and Inchcape Motors have long hogged the headlines. But a long overlooked company Tan Chong International is now having its day. Tan Chong, which is based in Singapore and
      672 words
    • Article, Illustration
      Lock icon Vicplas gets nod for Sesdaq listing
      278 17  -  Plastic-pipe maker seeks to expand production capacity By I Carol Eng [SINGAPORE] Plastic-pipe maker Vicplas International has received approval from the Stock Exchange of Singapore for a Sesdaq listing, and it is seeking to raise "a few million" dollars. The company wants the funds
      SIEW YAW HOONG  -  278 words
    • COMPANIES
      • Article
        Clob not a key factor on KLSE's worst falls
        417 18  -  Comparatively small volumes done on Clob on days of worst falls in past five years Reports byt Alvin Tay [SINGAPORE] On days when Malaysian stocks suffered their worst falls in the last five years, most of the selldown took place on
        417 words
      • Article
        Excel to buy US' Tree Machine for US$1.5m
        294 18 [SINGAPORE] Excel Machine Tools yesterday announced that it was acquiring Tree Machine Tool, a US company, for US$l.5 million (552.6 million) and has proposed a rights cum warrants issue to finance the purchase. The mainboard-listed manufacturing company said four rights shares with
        294 words
      • Article
        Clob shareholdings average $11,600 per account
        714 18 Portfolio size typical of average retail investors: analysts [SINGAPORE] There were 172,000 Clob accounts with total shareholdings worth $2 billion or an average of $11,600 per account when Clob International ceased trading Malaysian shares on Sept 15 last year. Analysts say this portfolio size
        714 words
      • Article
        Multi-Purpose hit by RM585m loss alter generous provisions
        374 18  -  From Eddie Toh in Kuala Lumpur Multi-Purpose Holdings Bhd (MPHB) yesterday reported a staggering net loss of 585 million ringgit (***** million) for 1998 as generous provisions wiped out earnings. The poor performance will affect the price which Anwar Ibrahim ally Lim
        374 words
      • Article
        Teamsphere hits high of 38 cents in debut trading
        210 18 [SINGAPORE] Specialist metals maker Teamsphere Ltd rode on the improved sentiment for new listings to hit a day's high of 38 cents yesterday, a 25 per cent premium over its offer price. The counter opened at 35 cents, or a 15
        210 words
      • Article
        Deutsche Bank issues covered wrt on OUB Local
        233 18 [SINGAPORE] Deutsche Bank has extended its recent issues of covered warrants to include the local tranche of Overseas Union Bank while strong demand has led it to increase the issue sizes of its other instruments. In a statement late on Wednesday, Deutsche
        233 words
      • Article
        Danaharta takes over control of listed Repco
        486 18  -  From Eddie Toh in Kuala Lumpur MALAYSIA'S bad debt agency Danaharta has taken over control of the first listed entity and its major shareholder former high flyer Repco Holdings and Teras Cemerlang. Danaharta yesterday appointed PricewaterhouseCoopers special administrators of the Sabah-based firm and
        486 words
      • Article
        Dragon strikes deal on Beijing housing project
        377 18  -  By) David Boey [SINGAPORE] Dragon Land, which just reported a $5.7 million loss for 1998, is turning to Chinese nationals to boost its business. The mainboard-listed company yesterday inked a joint-venture agreement to develop a massive 5,000-unit housing project in Beijing. Called Singapore
        377 words
      • COMPANY Briefs
        • Article
          Acer to set up unit in India
          50 18 [SINGAPORE] Acer Computer International will form a subsidiary in Bangalore, India, to carry out sales and marketing and provide technical and logistics support. Its four-year joint venture partner Wipro Infotech now becomes its distributor. Acer is the No 2 multinational brand in India.
          50 words
        • Article
          Datacraft secures US$300,000 deal
          77 18 [SINGAPORE] Datacraft Asia has won a US$3OO,OOO (*****,000) contract from the Telephone Organisation of Thailand for a pilot broadband services network based on Asymmetric Digital Subscriber Line technology. Hie ADSL network is part ofTOTs strategy to address user demand for high-speed Internet access and other value-added
          77 words
        • Article
          SPH forms rights licensing unit
          29 18 [SINGAPORE] Singapore Press Holdings has formed SPH Data Services Pte Ltd, whose business is the licensing of rights, with an issued capital of 92.
          29 words
        • Article
          Delgro explains further H2 writedown
          111 18 [SINGAPORE] Delgro Corporation yesterday said the decision to make a further writedown of $73.4 million for its property business in the second half was taken at the eleventh hour. "Owing to mixed signals from the property market and on-going negotiations for the disposal of some
          111 words
        • Article
          BBR bonus issue gets SES nod
          38 18 [SINGAPORE] BBR Holdings has secured the Stock Exchange of Singapore's in-principle approval for its proposed bonus issue, which is based on one new share of five cents each for every existing share.
          38 words
        • Article
          Datapulse unaware of price rise reason
          61 18 [SINGAPORE] Datapulse Technology yesterday said it was "not aware of any reason for the increased trading activities" of its shares. The Datapulse stock closed 45 cents higher at 60.5 cents on Sesdaq yesterday after more than 12 million shares changed hands. On Wednesday, it
          61 words
      • Article, Illustration
        Lock icon Dickson Poon to buy his listed firm's non-Asian assets
        785 19  -  HKsl.sb deal a move to better reflect Dickson Concepts' share price: tycoon From l Quak Hiang Whai in Hongkong IN a multi-faceted transaction worth over HK$l.53 billion (***** million), retail tycoon Dickson Poon yesterday proposed to buy the nonAsian assets of
        FILE PHOTO  -  785 words
      • Article
        Lock icon US-backed group out to foil Sing Tao takeover: paper
        332 19 AFP [HONGKONG] A consortium backed by a US billionaire is trying to foil a takeover bid by Lazard Asia Fund for troubled Hongkong media group Sing Tao Holdings Ltd, a media report said yesterday. The consortium, backed by Sam Zell and
        AFP  -  332 words
      • Article
        Lock icon Hyundai units' stock buying suspect
        217 19 Bloomberg [SEOUL] South Korea's Financial Supervisory Commission (FSC) said Hyundai Group units may have illegally bolstered Hyundai Electronics Industries Co's stock price by buying the semiconductor .maker's shares before an aborted merger with rival LG Semicon Co. The regulatory agency said it suspects that Hyundai
        Bloomberg  -  217 words
      • Article
        Lock icon Honda shares fall 2.7% on profit talk
        196 19 Bloomberg [TOKYO] Honda Motor Co's shares fell 2.7 per cent yesterday the biggest drop among Japan's 11 automakers on a report that group earnings will decline 10 per cent in the year to March 2000 compared With the previous year. Honda's shares fell
        Bloomberg  -  196 words
      • Article, Illustration
        Lock icon In listing condition
        66 19 [BEIJING] Women pass air conditioners made by China's Qingdao Haier Group company on display at an exhibition in Beijing yesterday. The Chinese home appliance maker plans to raise about USs2oomillion (*****.5 million) from an overseas listing which has been cleared by the China Securities Regiulatory commission. Haier
        REUTERS  -  66 words
      • Article
        Lock icon Soaring volumes lift Asia Pulp & Paper's Q4 profit by 59%
        277 19 Soaring volumes lift Asia Pulp Paper's Q4 profit by 59% Bloomberg [SINGAPORE] Asia Pulp Paper Co Ltd, one of Asia's largest producers of pulp and paper, said its fourth-quarter net income rose 59 per cent as soaring volumes offset lower paper prices. The holding company for the pulp and paper
        Bloomberg  -  277 words
      • Article
        Brierley seals US$600m refinancing deal
        352 19  -  By Siow Li Sen [SINGAPORE] Debt-laden Brierley Investments Ltd (BIL), in which the Singapore government owns 5 per cent, has finally concluded a debt refinancing package which should put it back on track. Last month, in announcing an interim loss of NZ$l5l million (Ssl39 million)
        352 words
      • Article
        Globe Telecom mulls merger to face threat
        433 19  -  Alliances part of options to fight First pacific dominance From Al Labita in Manila GLOBE Telecom, which is 39 per cent owned by Singapore Telecom, is considering merger options with Filipino rivals, including fixed line and cellular phone operator Bayantel. This is part
        433 words
      • Article
        Lock icon UOB looks into acquisition of Philippine bank
        200 19 Bridge News [MANILA] Singapore's United Overseas Bank is considering the acquisition of a Philippine bank, its chairman Wee Cho Yaw said yesterday. "We want to be a regional bank. We are looking around at good acquisitions. The Philippines, certainly, is one of our
        Bridge News  -  200 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Olivetti profit soars to 248b lira
        470 21 Results boosted by earning? at cellular unit Omnitel Pronto Italia Bloomberg [IVREA, Italy] Olivetti SpA, whose shareholders approved a hostile bid for bigger rival Telecom Italia SpA, said 1998 profit surged, bolstered by earnings at cellular unit Omnitel Pronto Italia SpA. Olivetti, which is
        Bloomberg  -  470 words
      • Article, Illustration
        Lock icon CEO pay in top US firms climbs 10% on average to US$9.3m
        493 21 Market boom fuels rise; but rate slows from 25% in 1997 Bloomberg [NEW YORK] Pay for chief executives at large US companies rose an average of 10 per cent in 1998 to U559.25 million (Ssl6 million), helped by
        Bloomberg; Compiled by BT  -  493 words
      • Article, Illustration
        Lock icon Yahoo! Earnings, sales and traffic are sharply up
        376 21 Reuters [PALO ALTO, California] Yahoo! Inc on Wednesday reported that earnings, sales and traffic at its Web properties rose sharply in the first quarter and said it would continue to pursue alliances and acquisitions to sustain its strong growth. The company, which
        Reuters; Compiled by BT  -  376 words
      • Article
        Lock icon Revlon confirms studying disposals
        173 21 FT [NEW YORK] Revlon. the cosmetics group behind brands such as Color Stay and Almay, confirmed on Wednesday that it was considering disposals following weeks of speculation about a US$3 bil-lion-plus takeover. News that the group had appointed advisers "to undertake a review of strategic alternatives"
        FT  -  173 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Deloitte sees US$300b of financial mergers in '99
        529 22 Consultancy believes industry will consist of 15 'mega-firms' Bloomberg Reuters [NEW YORK] Mergers of banks and securities firms around the world will continue at a brisk pace, totalling US$3OO billion (Sssl9 billion) this year, says Deloitte Consulting. It also predicted, in a
        Bloomberg; Reuters  -  529 words
      • Article
        Lock icon KDB selling US$1b in bonds; sees profit in '99
        180 22 Bloomberg [HONGKONG] Korea Development Bank, seeking to convince foreign investors to buy bonds for the first time since mid-1997, said it expects to return to profit this year as it sells bad loans and boosts lending with falling interest rates. South
        Bloomberg  -  180 words
      • Article
        Lock icon Bids of US$1.5b expected for BT Funds
        470 22 Australian firms favoured to win Bankers Trust unit Bloomberg [NEW YORK] Bankers Trust Corp could receive bids of about US$l.5 billion (552.6 billion) next week for its Australian fund management unit, the country's biggest mutual funds manager and No 2 manager of pension
        Bloomberg  -  470 words
      • Article, Illustration
        Lock icon Tokyo may seize or close down Kokumin Bank: paper
        430 22 Move could start of a string of shutdowns of smaller lenders Bloomberg [TOKYO] Japan's financial regulators may liquidate or take over Kokumin Bank, a debt- plagued regional lender in Tokyo, the Nihon Keizai newspaper said, without citing sources. Seizure of the
        Bloomberg; AFP  -  430 words
      • SMALL Change
        • Article
          Lock icon Citigroup top lender in Asia in Q1
          122 22 Bloomberg [SYDNEY] Citigroup Inc was the biggest lender to Asian companies and governments during the first three months of the year, a period during which banks were as reluctant to lend as they have been in the past 18 mnntha Citigroup, the US'
          Bloomberg  -  122 words
        • Article
          Lock icon Goldman unit completes Thai purchase
          74 22 Bridge News [BANGKOK] Goldman Sachs yesterday announced that its GS Emerging Market Real Estate Fund LP had completed the purchase of 14.55 million shares, or a 32.3 per cent stake, of Thai-listed firm RaJadamri Hotel pk at 38 baht per share. The deal represent a
          Bridge News  -  74 words
        • Article
          Lock icon S&P cuts ratings for Fuji Bank
          86 22 AFP [TOKYO] US ratings agency Standard and Poor's yesterday cut its ratings for Japan's troubled Fuji Bank Ltd, saying the firm's ftiture was more risky now that it has taken over a weak trust bank. Standard and Poor's dropped Fuji Bank's long-term ratings to
          AFP  -  86 words
        • Article
          John Hancock's focus in China
          68 22 [SINGAPORE] John Hancock Mutual Life Assurance erf the US has obtained approval to operate a joint venture life insurance company in China. The company said it will initially focus on its core business of individual life products. It is one of the four foreign insurers
          68 words
      • Article
        Futures rise in range-bound trading
        209 23  -  K Reports MSCI Singapore Index Bob Butcher Jardine Fleming THE MSCI Singapore Index continued its rally but the narrow differential between the highest price traded during the day and the lowest price dampened the opportunities for inter-day traders to make profits. These traders have been
        209 words
      • Article
        Futures up amid prospects of good Q2 sales
        183 23  -  MSGHtalwaafttarai Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures surged 6.1 points amid optimism over the flow of foreign funds into the market in anticipation of stronger sales in the second quarter, which in turn reinforced market
        183 words
      • Article
        Lock icon Crude oil steady as market awaits confirmation of production cuts
        294 23 ENERGY REPORT Bloomberg [NEW YORK] Crude oil was little changed amid expectations that it will be some time before output cuts pledged by the Organisation of Petroleum Exporting Countries and other producers can be confirmed. Oil prices have surged 35
        Bloomberg  -  294 words
      • Article
        Lock icon CURRENCY REPORT
        331 23 Reuters, Bloomberg London THE euro moved higher across the board yesterday, buoyed by its break through tough technical resistance against the US dollar. Later in the day, the ECB reduced its benchmark interest rate by 50 basis points. The refinancing rate was cut to 2.5 per cent from
        Reuters,; Bloomberg  -  331 words
      • Article, Illustration
        Untitled
        1170 23 IMTEEBAMK CROSS RATES AprS C) h, fir f i$ fti io» i «$Nfcl» N» S$ imi MT$ »M Nm* USS 0 935 6.171 0.578 3.793 1131 4.834 26.*****587 0.754 7.633 2.371 1176 31.654 24.015 1.061 3568 0.923 20.662 23.560 0289 0624 5 5M 0518 4055 1.209 5.168 28.443 58.366 0.806
        1,170 words
      • Article
        Untitled
        1687 23 S100M FUTURES Apr 8 WOtHHMiru dwfcn*»«tm>OT> ISS1 C0*T*AC7« cwts/taj) Com VilliI OpM Month n)k Lot Sett (tomts) Morott roo.oo 775 Jw 99 102.25 90 250 ■W 99 103.50 600 200 Al«« 105.25 200 Sop* 106.75 200 OSMc 99 108.75 675 BSfCOffTKACTtt&CMbto) Votam Opts Hwy Wjfc Lot Sott (taMwi) Iwtomt mm
        1,687 words
    • Article, Illustration
      Lock icon HONGKONG
      1381 24 AFP FlHang Seng +112JT7 HONGKONG share prices rose nearly one per cent on continued inflows of foreign funds yesterday, extending a rally a day after hitting their highest level for more than a year, dealers said. "There is a continued inflow of funds not only coming to Hongkong but
      AFP  -  1,381 words
    • Article, Illustration
      Lock icon CHINA
      541 24 Reuters FiShaufagnß Index +2.08 SHENZHEN'S hard-currency B shares finished 3.85 per cent higher yesterday, lifted by buoyant Hongkong stocks and unexpectedly high 1998 profits from blue-chip Konka Group, analysts said. The B share index rose 2.08 points to close at 56.10 on robust turnover of HK$27.B million, up from
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  541 words
    • Article
      Lock icon TAIPEI
      329 24 AFP □wp Index +137.52 TAIWAN share prices closed 1.9 per cent higher yesterday on strong buying of technology shares as an overnight rally on Wall Street boosted sentiment, dealers said. The benchmark Taiwan Stock Exchange Weighted Price Index rose 137.52 points to 7,273.41, after touching the 7,300-point resistance level
      AFP  -  329 words
    • Article
      WORLD STOCK MARKETS
      2174 24 LOHPOH Industrial! »l HaiM 3i Croup 6.45 -O.tl A B Food* 4.17 -0.05 A* Ports 2.79 0.02 Alliod Domocg 4.61 -0.04 AINod Zurich 8.88 -0.09 Anglo Amarlcan Cold 33.30 1.60 ASOA Group 1.49 0.02 Bank of Scotland 9.03 0.15 Barclays 19.09 -0.46 B«l 8.34 -0.09 BC 3.52
      2,174 words
    • Article
      Lock icon TOKYO
      1583 24 AFP ****** UPBEAT investors sent share prices in Tokyo rising 1.8 per cent yesterday, with the Nikkei 225 Index climbing 292.19 points to 16,846.69, the highest finish since March 1998. Despite a lack of fresh incentives, individual investors and brokerage dealers chased low-priced bargains while foreign investors bought international
      AFP  -  1,583 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8023 25 Cmmm( pniicti NW LMt Val Day Hat Cap HUB L— Csmpkny XH •OOP wm> Law P/I <■>■ 310 235 Ajinomoto 270 V4.9 W9.4 S3 44 Angkasa 60 -5 22 63 39 86.5 263 220 ApoitoFoodHIg 220 7.7 66.0 204 113 BarJayaLand 135 unch 46 133 133 2.7 933.9 600 430
        8,023 words
      • Article, Illustration
        Lock icon Shares barely move amid profit-taking
        372 25 AFP, AFX-Asia Composite Index -MM)! MALAYSIAN share prices ended barely changed yesterday with most investors sidelined after recent strong gains, ignoring an overnight rally on Wall Street, dealers said. The KLSE weighted Composite Index rose 0.01 point to finish at 556.58, while the Second Board
        AFP,; AFX-Asia  -  372 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        View new covered wrts as pseudo-shares
        234 26  -  WARRANT WATCH -a* R Sivanithy THERE seems to be some confUsion over the subject of yesterday's column, which was the mispricing of Deutsche Bank's covered warrants on the Local shares of DBS Bank, United Overseas Bank, OCBC Bank and Singapore Airlines. In the column,
        234 words
      • Article
        CLOB INTERNATIONAL
        216 26 NONMOM STOCKS Or 6r M Wt *•< Day L»» OlMtl Wv Dtv m IM M Cap Hl» LW »twa {Wgg UK fOOO) N>» I— »»y« *—f Cw W $«M 235 T73 5123 COL (2000) H« 230 cd 8 2,4 3.5 1t8 4453.2 5124 Cathay Pac 20c HR_720 cd
        216 words
      • Article
        Untitled
        2135 26 •ONM, LOANS ft WAMANTS wt LMt V* Day Last Outta High Law gw Company Sf *f- (OOP) High Law tuyf SaMar Wd <8 3 3160 A Acar ******1USS 15 *05 138 155 145 15 155 27 4.5 > 3164 Acma ******4 23.5 *3 2508 24 21 23 23.5 21 3161
        2,135 words
      • Article
        Lock icon WELLINGTON
        296 26 AFP H Wellington +17,3 STOCKS rose 0.8 per cent yesterday on light turnover of NZ573.6 million. The NZSE-40 Index was up 17.30 points to 2,122.24 with Telecom Corp up 15 cents to NZ$9.lO. Cavill White Securities' Peter Lynds said recent offshore selling pressure had lilted somewhat. —AFP H *t-
        AFP  -  296 words
      • Article, Illustration
        Lock icon BANGKOK
        899 26 AFP flfSETlndex +5J7 THAI share prices gained 1.5 per cent yesterday led by firmer regional markets and gains on Wall Street and amid strong speculation in communications stocks, dealers said. The index closed off its highs, with profit-taking capping early gains in the absence of fresh positive leads to
        AFP  -  899 words
      • Article
        Lock icon SEOUL
        416 26 AFP yiCompoßtalndeg *7j83 SOUTH Korean shares closed 1.2 per cent higher yesterday in volatile trade led by institutional buying amid robust interest in banks and brokerages, dealers said. Prices opened lower but institutions and foreign investors maintained their active buying stance, following the sharp rebound on Wall Street and
        AFP  -  416 words
      • Article
        Lock icon SYDNEY
        657 26 AFP PADOrtotriM +MJ SHARES continued their record run yesterday, adding another 0.9 per cent to already historic levels as shares in Rupert Murdoch's News Corp showed no signs of ending their recent run. The All Ordinaries Index closed up 26.6 points at 3,056.2. The All Industrials Index closed up
        AFP  -  657 words
      • Article, Illustration
        Lock icon JAKARTA
        674 26 AFP Pi Composite Index *101 SHARE prices closed one per cent up yesterday on the back of selected blue chips led by Telkom, Indosat and cigarette stocks, dealers said. An analyst with securities house Dongsuh Kolibindo said Telkom and Indonsat dominated trading, but added the general market direction was
        AFP  -  674 words
      • Article
        Lock icon MANILA
        303 26 AFP QllMfl* +34.71 SHARE prices closed 1.7 per cent higher yesterday due to a cut in bank reserve requirements and speculative buying, analysts said. The Composite Index rose 34.71 points to close at 2,104.88. Turnover fell to 1.37 billion shares worth 2.95 billion pesos from 1.93 billion shares worth
        AFP  -  303 words
    • STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      • Article
        Untitled
        6397 27 Ti.in.saction date Apr B^j Or Qr M Wt 52* Wk Last Val Day Laat Owata Mr M» NJ Cm _A*% Law StWa CsMpmy Uh COOP) H>g» 1— 8»yar UHm It Cw P/t <«"■ Wa HULThWBUSTRY 128 17.5 m b 1000 Acma 50c 83.5 cd +43 1606 85 78.5 83.5 84
        6,397 words
      • Article
        SESDAQ
        1239 27 Or «r M art 52-Wt Last V* Oar LMtOwti 01* Mv VM Jtat Cap Avg I— StNa Clammy 6a«a COOP) MH» L— fcryar 6aO»r Cw M >■* 195 30 C 2049 •ASAgtolOc 107 6016 KM 99 106 107 15 N 7 14 ».1 1222 100 79.5 45 e 2051
        1,239 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        229 28 TtMsptareSc 23,352,000 WC 16,586,000 IK Corpn 5c 15,3)6,000 (Maputo* 5c 12,075,000 draco HMgslOc H,733,000 Omni tad 10c 11,332,000 SinqTri T5c 10,834,000 WCWt99 9,691,000 *TonCkongM50c 9,588,000 ■PL 9,296,000 Unto $IA 55,390,300 SA Foreign 51,292.535 OUB Foreign 42,*****0 OCBC 35,514,600 U08 Foreign 30,938,526 StagT«i15c 27,521,113 MS Foreign 25,930,196 SfH 24,960,513 0U8 23,731,450
        229 words
      • Article, Illustration
        Prime-rate cut talk lifts STI; electronics stocks join rally
        616 28  -  STOCK HAUBT OOMMHMTASY Market at new 18-month high on volume of more than $700 m; SPH shoots np $1 JO or 5.4% By R Sivanithy DEALERS searched for words yesterday to describe the awesome strength shown by local stocks after the
        616 words
      • ON THE GRAPEVINE
        • Article
          Another Anwar ally quits
          87 28 KAMARUDIN Jaflar, a key political adviser of former Malaysian Deputy Prime Minister Anwar Ibrahim, has quit as director and executive chairman of listed Wing Teik Holdings. Like Anwar and many of his friends, Mr Kamarudin was detained for questioning under the Internal Security Act at the
          87 words
        • Article
          New CBO soon for CIMB
          90 28 WORD is out that Commerce International Merchant Banker* Bhd (CIMB), om of Malaysia's largeet merchant bank, will soon get a new chief. It is understood that CIMB chief executive and managing director Robert Cheim has handed in hit resignation. However, Mr Cheim will likely stay
          90 words
        • Article
          no
          93 28 THINGS most be pretty bad in China's stock markets. The China Securities Regulatory Commission recently onlerad a topdown check «orY2Kproblams in the computers ofbrokers-and it warned all invohred to makitaln sikpceen the raeuUs. The rsaaon? The commission is concerned that leaked news of unreeolved Y2K problems could penic investors
          93 words
        • Article
          Free rout for 15
          91 28 THINGS are eo bad in Hongkong that office landlords are giving big tenants rent-free periods of up to 18 monkfaa, according to property consultants Jones Lang LaSafle The consultants said that eight months ago such tenants—thoee taking space 0f20,000 sqftormore—would have been gtvena rent-free period of
          91 words
        • Article
          W Asian for CIA
          73 28 THE CIA of Anertea is said to be in Asia k»klng tor recruit*. This organisation, la ttw flunoot (or inftanoua) blunders to Cube. Rather, it it the Culinary Institute of America, whoee headquarters is to New Yortrt Hyde Park. Deepite grants from the governiusut and industry,
          73 words
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        HOT STOCK
        67 28  -  ■y Ven Sreenivasan DATAPULSE Technology has suddenly roared to life after having drifted listlessly for the better part of the last three months. Having broken through 48-cent resistance, the counter is now above its 52-week high of 59.5 cents. While the stock could ride the current momentum to
        67 words
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      34 17 In today's Shipping Tlimt API. continues to improve Latin American services, Pg 1 Star aims to Qet 1A to join alliance next month, Pg 16 BIA expands joint cargo services with 4AL, Pg 16
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      565 17 LI FUNG DISTRIBUTION (SINGAPORE) LIMITED (Incorporated in the British Virgin Islands) VOLUNTARY CASH OFFER FOR INCHCAPE MARKETING SERVICES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OF LEVEL OF ACCEPTANCES AND REMINDER OF FINAL CLOSING DATE LEVEL OF ACCEPTANCES The Development Bank of Singapore Ltd wishes to announce for and
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      235 19 V AAA .H?" 11 1111 mpr S-t-, "1 nnn gagf .^v„> THE SYMBOL OF FINANCIAL STRENGTH AND -0* < STABILITY THAT SHOWS IN YOUR FACE KM In a business of relationships, trust arid confidence mean everything That is where the reputation and financial strength of Alfl-AIG. represented and V advocated
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      2455 20 lIH FAR EASTERN BANK LIMITED AND ITS SUBSIDIARIES II I I INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1998 The Group Tlx Bank Notes 1998 1998 1997 The Group The Bant rooo $000 rooo sooo Notes 1998 1997 mi iiiT •*ooo $'000 rooo $000 SHARE
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      1407 21 HII FAR EASTERN BANK LIMITED AND ITS SUBSIDIARIES II I I mCOtPOtATID HI TH€ KCKJBUCOT SmSAPOtt) 111 l 'l» NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 1998 8. Trad* Bills and Advances to Customers (cont'd) U Fixed Aeeets is other Operating The Group ind The lirt (c) At the balance
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      72 22 ?<^3 B|^^^-' .-A J1 ■B^^E;^f: Sr^^^^^i i^WSS^i^ s r A tfs "f. "-cl V j rii:' ---i. *'3s»*:3&-.-s•'i%-' ;*vr The Voyage Soft-Attache Weekend Case Ls made of lightweight and Wb3slSb durable twilled nylon fabric, and measures 50 x37x 18 cm. If has %M I main compartment with a padded base,
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      31 25 j Classified First. Want to get a laptop? Or simply get computer savvy Log on to the best site: Check The Straits Times Classified First. Bmp k. Sdi K. Ftod K.
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      81 27 A > Y*, <; < v ->y > N *,V V *1 V? r i v camllgabTut /See.,.l told\ f The card we're\ the computer I you this was a I making for Susan I advertised in go<xl deal >/ Yup, we got what is going to be V The
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      556 28 NOTICES r ;i" mn W 1300 /11wj r .<« no mi i?x IN THf MATTES Of THf COMPANIES ACT, CAP. SO ANO IN THf MATTE* Of ASCENT ENGINEERING TRADING PTE LTD (In Voluntary MqaldHan) NOTICE Of RESOLUTION Al an Extraordinary General Meeting of the members of ASCENT ENGINEERING TRADING PTE
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      613 28 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND M THE MATTER OF OQAWA KORYO SINGAPORE PTE. LTD. (In Mwwtfi' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary Oanaral Mooting of the fhembera of the abovanamad Company duly convened and hald at 4-1-11 Nohonbaahi Honcho Chuo-ku, Tokyo 103-0023. Japan
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      449 28 MiiIHTMOOP Qot Marta mood Indkxim lUetty trading ftnOmtru k*ay txumi on brotort polhd at s<*>m ytsHrday OotrrUghi n*na may aim ttnOmttm. Brokm polkd INC Bartngi. PtUlttp. CrmUt Ljmnais StcuriOa. Datwa. Frxatr. GK Ooh. Kay Man. Morgan Crm+U. 90 WarUtrf. Nomura. Mwrill Lynch Going to trade online 7 Vou need DBS
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      482 28 H THE MATTER Of THE COMPAMES ACT, CHAPTER 50 AND M THE MATTER Of E. C. P. K. TECHNOLOGIES PTE. LTD. (W MEMBERS' VOLUNTARY LIQUIDATION) Nnrtr> ri h*nn< At an Extraordnary General Meeting of the abovenamed Company (My convened and held at 10.30 a.m. on 7th April, 1999 at 6,
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      106 28 M THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF THYE NAM LOONQ (SINGAPORE) PTE LTD (IN LIQUIDATION) COMPANIES WINDING-UP NO. 106 OF 1004 NOTICE OF DIVIDEND TO UNSECURED CREDITORS NAME OF COMPANY: Thy* Nam Loong (Singapore) Pte Ltd ADDRESS OF FORMER OFFICE: No. 16 Carpenter
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      471 28 LOST SHARE CECTHCATES The following share certificates have bean reported lost or deetroyedONG HOLDINGS (PRIVATE) LIMITED Original No. of Distinctive m the Certificate No. Shares Noe. Name of 10 200 1751 to 1950 Chang Yueh Nu 45 200 ***** to ***** Chang Yueh Nu 46 200 ***** to ***** Chang
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      387 28 M THE MATTER Of THE COMPANIES ACT, CAP. (0 AND M THE MATTER OF itochu veooh. trading (S) PTE.. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At on Extraordinary Oanaral Moating of tha mambars ol tha abovenamed Company duty convanad and haid at 9 Raffias Place #41-01. Republic Plaza.
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      358 28 M THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTER OF SINGAPORE MEDICAL CENTRE PRIVATE LIMITED At an Extraordinary General Meeting of Singapore Medical Centre Private Limited held on 31 March 1999, the following resolutions were passed pursuant to Section 179(6) of the Companies Act, Cap. 50:-
      358 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon The shape things to come
      1642 29  -  Next week, 200 international spa operators, hoteliers and healthcare professionals will be converging on the island to set standards for the spa industry in the region. What do local players hope to achieve at Singapore's first-ever spa summit? tamsvtbw reports TAN SU YEN PORGETfora moment
      SIEW YAW HOONG; CHRIS LOH  -  1,642 words
    • VIEWPOINT
      • Article
        Life is beautiful? Not by a long shot, bambino
        759 30  -  Off the differ The truth, according to Roberto Benigni's Oscar-winning film, can always be doctored to protect the innocent from the horrors of real life. If only. by Jaime Ee I DON'T care what Roberto Benigni says. Life is not beautiful.
        759 words
      • STRAWS In The Wind
        • Article
          Mind your language
          60 30 WHAT kind of language do they speak down in Arab Street? At a shop selling baskets and ribbons was this sign: "No vulgar words allowed. Fine $5. By order, management." And at a shoe shop in Chinatown, a big banner was displayed with the prominent words: "SALE.
          60 words
        • Article
          States of liquidity
          66 30 WHAT is Ayurveda? We don't really know either, but a leaflet brought home by a tourist in Sri Lanka tries to explain what this ancient Indian holistic treatment involves: Ejection of unwanted stomach contents. To administer laxatives to move bowels. Nasal treatment to excrete phlegm. Enema by
          66 words
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          Feedback not appreciated
          61 30 A NEW hip eatery which raves about its special fried rice and how it's as good as the old Chinatown sisters' crab fried rice seems to have adopted the sisters' attitude as well. A customer who asked the manager why her rice took so long to arrive
          61 words
      • Article
        Putting together the perfect package
        390 30  -  Renewal Day Spa at UE Square went all ont to create the right ambience for both male and female clients Tan Su Yen WHEN the 10,000 sq ft Renewal Day Spa at UE Square was being renovated, the design was changed five to six times.
        390 words
    • MOTORING
      • Article, Illustration
        Lock icon Just the thing for an urban adventure
        915 31  -  The Honda HR-V is such a stylish stunner that Christopher tam reckons it's not about to stay in the showroom for long CHRISTOPHER TAN THE urban cowboys (and cowgals) among us have one more reason to go "yippee heigh-ho". For here is the
        ARTHUR LEE  -  915 words
    • LEISURE
      • WHAT'S ON
        • Article
          MUSIC
          63 32 Singapore Symphony Orchestra Conductor Okko Kamu returns with the overture to Beethoven's only opera, Fidelio, and his Fifth Symphony. Also a chance to hear two newly-appointed SSO principals flautist Jin Ta and harpist Elizabeth Wooster tri Mozart's Concerto for Flute Harp in C, K299. April 9 and 10. Venue:
          63 words
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          THEATRE
          272 32 The Singapore International Comedy Festival Three weeks of rib-tickling ftw that promises comedy acts, comedy theatre and cabaret. The festival has over 40 performances in six different venues. Some of the highlights are stand-up comedian Ed Byrne who talks about "guy feelings" in A Night At The Opera-, comedy
          272 words
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          EXHIBITIONS
          103 32  -  Compiled by Parvathi Nayar Creative Chinese Calligraphy Exhibition Sixteen exponents of Chinese calligraphy exhibit work that is Chinese in character, yet breaks away from the traditional writing styles. Artists featured include Ho Ho Ying and Tan Kian Por. April 9-14, Ham to 7pm daily. Venue: Orchard Point Exhibition Hall,
          103 words
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        Bashing the protectionists
        1058 32  -  BOOKS A Stream Of Windows By Jagdish Bhagwati BUT Press 531 pages, 947.90 Reviewed by Vikram Khanna "SOME of today's best economists walk on two legs," says Jagdish Bhagwati: "The scientific in the learned journals; and the public in the media." In A Stream Of Windows: Unsettling
        1,058 words
    • LEISURE
      • Article, Illustration
        Courage in adversity
        671 33  -  CINEMA Life Is Be&ntifnl has been popping up regularly at awards ceremonies, and taking home some big prizes as welL What makes itsnchawinner? By Susan Tsang LIFE Is Beautiful (La Vita e Bella) won big in 1998. The Italian comedy bagged the Grand Jury Prize at Cannes,
        671 words
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        Weighed down by the law
        742 33  -  CINEMA Despite the pedigree of its director and cast, A Civil Action fails to acquit itself By Jaime Ee A CIVIL Action has all the signs of an Oscar-worthy movie the pedigree of screenwriter Steven Zaillian of Schindler's List fame; John Travolta, who since Pulp
        742 words
    • HEALTH & BEAUTY
      • Article, Illustration
        Lock icon Exercising the pain away
        836 33  -  PHYSICAL THERAPY Good news for backache sufferers who would rather not go under the knife to find relief By' Tan Su Yen CHRONIC, recurrent back and neck pain can go away without surgery or painkillers, provided sufferers go on a specialised exercise regime once or twice
        CHRIS LOH  -  836 words
    • EPICURE
      • Article, Illustration
        Lock icon Homing in on that perfect brew
        1211 34  -  Fancy a superbly made cuppa in the comfort of your own kitchen? taw so ten inspects the new generation coffee machines that are making their way into Singapore homes TAN SU YEN Those of us who still deign to drink instant coffee may want
        FILE PHOTO, COFFEE MUGS IN GLASS AND STAINLESS STEEL FROM COUNTRY ROAD  -  1,211 words
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        Spring-time treats with cherry blossoms added
        232 34 CRAVINGS DELICATE morsels on carefully chosen tableware, plum blossoms on fish roe, sake served with ceremony—these are just some of the ingredients of kaiseki, that Japanese ritual meal that traditionally accompanies the tea ceremony. To mark the first tea ceremony of the year, Senbazuru
        232 words
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        Cold comforts
        146 34 SWISS FOOD and hospitality giant Movenpick is eager for a piece of the action in the fast-growing ice-cream market here. Movenpick recently launched its Swiss premium ice-creams, retailed at major supermarkets like Cold Storage and NTUC Fairprice. The 14 flavours include traditional favourites ike chocolate chips and caramel
        146 words
      • Article, Illustration
        Chicken McCheapy
        66 34 THE FRIED chicken battle between McDonald's and KFC is intensifying. This week, McDonald's lowered the price of its two-piece Chicken McCrispy from $3.90 to $2.95. McDonald's says this move is to repay customers for the warm reception McCrispy received when it was launched last November —McDonald's outlets islandwide
        66 words
      • Article
        Grocery for gourmets
        187 34 GOURMET delis seem to be sprouting up every where. Not to be outdone, Robertson Walk has its very own bakery-cum-wine bar-cum gourmet grocery which goes by the fancy name of Herbst Le Piazza. The gourmet grocery sells fresh seafood and meats as well as cold cuts—not that
        187 words
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        Mediterranean focus
        119 34  -  Compiled by Tan Su Yen DOC CHENG'S at Raffles Hotel goes Mediterranean with a difference next week as up-and-coming American chef Todd English plays guest chef. Chef English owns and operates seven restaurants in the US, including Olives in Las Vegas and the Fig restaurants in the greater
        119 words
    • ART
      • Article, Illustration
        Millennial gifts
        785 35  -  For Sara Lee, a corporation which boasts some really well-known brand names, there is good synergy to be associated with the great masters. And for Singapore, which already has Moore's Reclining Woman, what more fitting gift than his Moon Head? paitaibi natar reports PARVATHI NAYAR IF YOU wanted
        785 words
      • Article, Illustration
        For your viewing pleasure
        384 35 BACH generation of the history of avant-garde French painting of the period 1870 to 1950 is represented in Sara Lee's collection, says Rick Brettell. Here are some of BTs picks from the exhibition: Jean Monet On His Mechanical Horse (1872) Claude Monet. Sara Lee sold a
        384 words
    • Article, Illustration
      CINEMA
      642 36 American History X. Neo-Nazi film with Edward Norton. R( A). Eastshore, Picturehouse, Orchard, Bugis, Central. Beowulf. Chris Lambert stars as a man cursed. Lido, Choa Chu Kang, Jurong, Chinatown, Changi, Century, Hougang, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Marina, Grand, Plaza, Whitesands, West Mall, Toa Payoh, Suntec. Beach
      642 words
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      ENQUIRIES AND BOOKINGS
      114 36 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Piciurehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-/640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Ool(ton Villag* 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesB Tiong Bahru Yishun Ovifim Movie Clementi/CoVeattti 777-0669 Golden/New To*n
      114 words
    • RESIDENTIAL PROPERTY
      • Article, Illustration
        Lock icon Green grass of home
        1652 37  -  Set close to the city, yet hidden from traffic, stately bungalows draw expat tenants, reports corptme kerk CORINNE KERK THERE'S a frog in Sarah Huntington's bathroom and for the past year or so, he's become such a familiar feature that he's now permanent resident. Anyone else
        PHOTOS BY SIEW YAW HOONG  -  1,652 words
      • Article, Illustration
        Better than a luxury condo, say tenants
        835 37 LIVE in a high-rise luxury condominium unit with all the requisite marble flooring and top-notch facilities? Few tenants will say no to that, except people like Laurence Vandenborre and Sarah Huntington. Their choice of accommodation in land-scarce Singapore is "limited edition" black anil
        835 words
    • SMART MONEY
      • Article, Illustration
        Lock icon Nuts and bolts of home loans
        1539 38  -  Practical information that will see you through the process of applying for a loan, h y by CLARISSA TAN YOU'VE heard a lot about housing loans promotional rates, monthly rests, bridging loans, letters of offer and other jargon that just don't seem to gel
        FILE PHOTOS  -  1,539 words
    • PERSONAL FINANCE
      • Article, Illustration
        Economic rationality should hold sway
        885 39  -  THE FDIER POWT Extend the life-spans of warrants, but net employee options By R Sivanithy Over the past two weeks, the issue of whether companies should be allowed to extend the life-spans of their existing warrants and employee options has been raised. All sorts of
        885 words
      • Article, Illustration
        Investment-linked policies seen regaining interest
        814 39  -  Low interest rates, firmer stock markets make such funds attractive again By! Soh Tiang Keng INDUSTRY leaders are detecting the first flicker of recovery for investment-linked insurance policies this year, with the gradual restoration of investor confidence in stock markets in Singapore and Hongkong. The
        814 words
    • PERSONAL INVESTMENT
      • Article
        Investor confidence returning to Asia
        3248 40  -  A survey of analysts in the region reveals a big positive swing in overall optimism, louis bzsckerldtg looks at the survey's main findings LOUIS BECKERLING THE investment mood in Asia has taken a positive turn over the past quarter, but caution remains the watchword. This
        3,248 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Japan showing signs of pick-up
        801 41  -  The recent stock market rally reflects four positive developments that are taking place in the country, says oerazj> yip GERALD YIP The writer is senior manager at DBS Asset Management Ltd THE recent moves in Japanese equities raise some important questions for investors. Is the
        Source: Datastream; Source: Bloomberg  -  801 words
      • Article
        Firmer foundations needed to sustain rally
        1162 41  -  Investors are advised to wait and see before acting on Tokyo stocks By\ Kevin Grioe The writer is a senior economist at the global economics department of the American Express Bank in London WITH greater confidence that Japan is finally turning the corner, investors
        1,162 words
      • Article
        ACU DEPOSIT RATES Offered by various banks (as at Apr 7, 1999)
        1292 41 Dapoalt amount 1-mlh 3-mth 6-mth Dapoa* amount 1-wtti 3-m*i 4-flrth A| A$ S10.000 A24 999 4 1900 4 1900 ***** 25,000 74,999 3 6875 3 6875 3 6875 A25.000 A49.999 4 2100 ***** ***** 75,000 149,999 3 8125
        1,292 words
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      185 29 v I W 1 Ii Epicure Homing in on the brew JRSpfcL EL 6 4 [fria-fl [lit-"4 P !t!£-Jiif}a.ll fBJS.IT fIhWS.IT MEMS.it fBIS.IT MEWS,IT NEWS;IT-MEWS.IT MEWSI 4 'jpfcf-E ]*.IJ 'Bfe.lT fIEI-Jb.IT HEWS.IT fIEWS.IT MEWS.XT MEWS.IT fBIS.IT MEWS.TT MEWS.IT HEMS S&fe'ff nIS-II Efe'iJ Sft- JI f}£ -JJ r '®S.IT MEUS.IT MEWS.IT.MEUS.IT
      185 words
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      14 29 Art Millennial gifts EL 7 PISSARRO. YOUNG WOMAN BATHING HER FEET IN A BROOK
      14 words
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      268 30 CRYPTIC CROSSWORD ACROSS g g g—^ 11 met a hep man, popping this? 10 One who doesn't complain to enter thus (5) NH J| 11 But this cricketer isn't at all fi 1 who changed her name !Zji^|ll^lftZj|l^^|PE-Z|l^Pl^E-JILZ! 15 Rigorously depend upon Bal- HHh Lh HI lesteros to come first
      268 words
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      63 31 OCBC Arts Card Exclusively for priority bookings, bigger discounts, free tickets, and more. 4*. W rtSfestival '99 CalliBoo-538-onB for more exciting details! OCBC Arts Card "Singapore Arts Festival 1999" specials on Swatch watches at Metro Paragon f 7' -r and other specials at the Metropolitan Museum of Art and Klimt's
      63 words
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      103 32 Where to wine, dine and ftssSk I I 76 Biae Bank Road, Skqppocc *****8 Tab 338-8333 /Faxi *****66 Wlfc rila I hyjwWMri— IBM 1 V- Smorftti Italian Restaurant Special 20% discount for Citibank card members till July '991 DON4TO -i 36 Purvia Street #01-03 (behind Rafflea Hotel) Singapore *****3 CALL
      103 words
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      Page 32 Advertisements Column 2
      111 32 I I jfy3p*f i&^H rjß» inyniiMißJiii vf qj»/ y available for: I (9??!3) private parties I; uveli\^^7 I WEEKENDBUFFTT Come and celebrate the weekend with a delicious buffet I spread of local western delicacies and a variety of hot and I cold desserts at Coleman's Cafe, from 12.00n00n 5.00pm. I
      111 words
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      Page 32 Advertisements Column 3
      119 32 An endless lunch and dinner a la carte buffet with 88 outstanding Cantonese dishes, prepared by Hong Kong chefs. Complimentary plate of Braised Whole Baby Abalone with Oyster Sauce and Braised Sharh's Fin Soup with Brown Sauce will be served to diners. Lunch: *26.80 (Adult) 15.00 (Child) Dinner *28.80 (Adult)
      119 words
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      Page 32 Advertisements Column 4
      203 32 LION CITY HOTEL I*"I THE SENSIBLE HOTEL M Comfort Convenience Affordable PROMOTION OccupofKy) anfa imp I put. tat md. t/SST. ■SSs42^ Sid Superior Room M fcyratt D«mrai»llpr7p 3nmnltoWrMw 15ms4rinloOm0topoit Wmnsdrm to OP, IMJ fadi Ctakt, Smite Of m4Qrd*4i*ifrihi v ,a 4 -.*M *l| 744 6111 15. Tonjong Korong Mood, Singapore
      203 words
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      351 33 'yi OZefres&ng Spa Experience hytomer Spa <4* »iris ion of Cotmoprof International Set in the beautiful ftua Sentosa Resort, Phytomer Spa is an oasis of tranquillity and quiet retreat. spa programmes will pamper you from head to toe. They include hxdromassage baths, seaweed B I > facials, remineralising soaks... gl
      351 words
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      170 34 There's a new dish at the Gordon Grill. I And he's called Chef Derek Baker. I v For only 10 days from Bto 17 April, award-winning Chef Derek Baker B J gki from th£ Tenth Restaurant in the Royal Garden Hotel, London, B M mjmmk will be here to dazzle
      170 words
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      22 34 Lost your Try finding it at Classification 821 (Found) of The Straits Times Classified. f§» CATA Buy It. Sal k. Find it
      22 words
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      155 35 MONET ENOUGH? Our new blockbuster show also features Picasso, Matisse, Gauguin, Chagall and Moore. Come see the stars of the art world! All part of Sara Lee Corporation's renowned art collection. It's your only chance to see these exquisite works as a single collection before Sara Lee Corporation donates the
      155 words
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  • Page 36 Miscellaneous
    • Miscellaneous
      Page 36 Miscellaneous Column 1
      703 36 RECOMMENDED YIEWIMO A t6aJIl trying circumstances? divided Sleepless In Seattle, 7.30pm, Ch B Homicide: Life On The Tom Hanks and Meg Ryan Street, 11pm, Premiere 12 star in this sweet 1993 In Part 2of Blood Ties, the comedy about love and detectives working on the New Age-style case of Felix
      703 words
    • Miscellaneous
      Page 36 Miscellaneous Column 2
      1498 36 TODAY'S TV n Miliar 11 8-00 Headline News. PM TV Innovations. I £2 SffKarW-i I 8 30 J Oll2 Blltz Bmgo Mol p 8.00 Headlines News. rrv. J „r I 8.03 Business Tonight. 8.00 Kidz Blitz. The Worid of H ,ft il W* Talking Point. Peter Rabbit and .g» #V,
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      20 38 i£ J '*"<£' > 'Vf ~&jj£ p.». Md S% p.«. r«p«ctlv*ly. Our third yur rate I* wpaHy Mtractlv« S* p.*. And approval
      20 words
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      Page 38 Advertisements Column 2
      213 38 brought to you by llflll'.TJlTrtLaft Bank Next week: Using your CPF savings for housing loans Qive us your feedback and win a NETS Cash Card reader The above article is the first of a 13-week educational This Cash Card reade^^^^gr series on personal finance. We would like to hear your
      213 words
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      172 39 The Bank of East Asia Limited, Singapore Branch Foreign Exchange Leverage Account (FXLA), allows you to manage foreign exchange risk in business and the opportunity to invest in the world's major currencies by capitalising on exchange rate movements and interest yield differentials between currencies. You may open a FXLA and
      172 words
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      Page 39 Advertisements Column 2
      311 39 r* i v< MM 9 "fjfflll 4 #i Mm. a- iii Xs w« 7 #lNte Hf-' ]K|' j« V ;i> |R 4# L, x i fr v"* -3»- S -^%<v J <-;.&>*. 4, Bra HnS Invest in a Citibank Foreign Currency Time Deposit and you could be dining or staying
      311 words
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      54 40 I 0% Ulis. I£it. I tfiE. cuatcfi uou, ue aLcvaui I vjantza 'lotnzdau\ toaau. introiiucint* Sincorc's now l'ri\iloi»o I'urch.iso V mJ.t 1 i }j. >' '<»*■.! -<, i > N• -v it new i->i. i i. >t .u i,. 111. '11-;-! tl)i- |m 1 ili ■■i i rift "-in ,i
      54 words
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      38 41 CONCORD I CONCORD I u:mi Vt. I' I as 1 "-4 <►. I- s# 7-4 iS* C «C ft P ikj I *i WL% ®1| w V -v» I jfl i.'.Ti'hit .',iii!. ~i///MI""/■ii.■< SI NCE RE I Standard Chartered
      38 words
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  • EXECUTIVE MONEY
    • Article, Illustration
      Lock icon New homes on the auction block
      815 42  -  Auctioneers are seeing a rise in the number of newer residential properly going under the hammer, davxd boey has the details DAVID BOEY AN INCREASING number of newer residential properties which are less than five years old are being put up for auction by
      PHOTOS BY CHRIS LOH & ARTHUR LEE  -  815 words
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      197 42 H issS jf W f Iky m /ms &> Singapore will again play host to IMDEX ASIA at Above below water Platforms the World Trade Centre from 4-7 May 1999. Simulation Training Sonar Sensors This exhibition conference will showcase the Information Systems latest thinking and technologies in maritime defence. Underwater
      197 words
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      Page 42 Advertisements Column 2
      153 42 Property Lots of green in black and white bungalows, EM 0 Smart Money The ABCs of housing loans, EM 10 Finance To extend or not to extend—what is the option? EMU I 1 016 Ref 022 Aniline Leather. Armchair $2388 Aniline Leather SI 188 Pony Skin $1288 2 Seat Sofa
      153 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      320 43 Bridge News, Reuters TRADING continues to be lacklustre for Panamaxes in both the Atlantic and Pacific, with rates continuing to ease. The volume of trading this week continues to be very light. TANKBB& It was another active day for West African million-barrel loaders although rates remained at weak
      Bridge News,; Reuters  -  320 words
    • Article
      MARITIME STOCKS
      273 43 »l W CHI Distribution 0.63 0.02 127 Oman Hup 0.72 0.02 41S Cosco Investment... .0.56 0.02 M freight UMu__—JbJn 0.01 64*7 GBHoiomgs 0.45 O03 130 Hal Sun Hue 0.53 0.02 741 tMC HoMngs-HK __5.60 unch 0 JoyolUIMngi 0.71 001 730 JurenaSNpyar* 7.40 -OW MO KeppelCerp 4.90 -0.06 3331
      273 words
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      Smit poised to strengthen presence in region
      632 43  -  Dutch maritime group to lannch several initiatives this year By: Felix Chan [SINGAPORE] Dutch maritime services group Smit International is cementing its presence in the region with several major initiatives earmarked for 1999. The company is inaugurating its new $12.5 million Asia-Pacific headquarters
      632 words
    • Article
      When the condition of properly issued bills of lading is put to test
      734 43  -  ADMIRALTY CASEBOOK By Selva Kumar THE charterers in a time charterparty under clause 8 of the standard New York Product Exchange (NYPE) form have to load, stow and trim the cargo. The master of the vessel is
      734 words
    • Article
      APL continues to improve Latin America services
      303 43  -  By] Marcus Hand [SINGAPORE] APL, the container shipping division of Neptune Orient Lines (NOL), is continuing to upgrade its Latin America services to meet market demand and US deregulation of ocean shipping. Under the US Ocean Shipping Reform Act (OSRA), which comes into
      303 words
    • Article
      Lock icon Clash between NY, New Jersey may cause Sea-Land, Maersk to leave
      289 43 Reuters [NEW YORK] The governors of New York and New Jersey have hit an impasse in a battle that could cause the loss of 1,000 jobs and the relocation of two shipping lines out of the region. The delay
      Reuters  -  289 words
    • Article, Illustration
      Lock icon Eyeing larger slice of the pie
      637 44  -  KEPPEL SMIT TOWAGE Since full deregulation of Singapore's tug services market last month, it has been working to attract more business ity. Felix Chan KEPPEL Smit Towage has been stepping up efforts to attract more business, following the full deregulation of the tug services
      FILE PHOTO  -  637 words
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      SHIPPING SCHEDULES INDEX
      321 44 PAGE Frota 12 ANL 3 frt Links M Accord 8 GL)I 4 AhrMtwi u Gemartrans 8 WF CIW™ M AASCO 4 Genshpq 14 Appenslwp 5 lor M Austral 8 H4,SunHu P 12 Avant M H 7 B'tang Mas 8 3 BSA 7 Hwnq 4 BTL 14 Balaii
      321 words
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      SHIPPING GUIDE
      18583 51 THEBUSINESSTIMES EXPORT ETA ETA Advartisar V«Hi Voyaga T»l»p«of>» ETA ETA Advartisar Vnsd Voy aqa Talaphona SIN Dast'n Nam* Nam* Nunbar Numbar SIN Dast'n Nama Nama Numbar Numbar MMMMMNMmMMMMWMMIHHNMMMMMMMMNNMHHMMMNMMMIIMMM* ■■■HHMEaMHaHMaMHHIHMHMMHMHHaMMHI 21/04 IT/05 Norsul OUADRANT EXPRESS OWS 45-*****77 To ABIDJAN (ABJ) 2003 Cot* D'lvolre r/m a/os oaimas ouaorant express ms
      18,583 words
    • SHIPS IN PORT
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        CONVENTIONAL WHARVES
        834 57 V«ss*< Voy No Berth Arrival Daparturo Jaraaf M Arm*! 5 50 J* akn«M> 0104/2100 S«o Orient* 04/91 J21 ttonqvdt 0* 04/1400 M Omi«t*2 *****1 J01 *0<Kp«» <0 34/0*00 It Gun J4ra ****** J01 atoniSKM 0* 04/1400 It Dm CnMn 0KW99 J01 «onp>« Ot.04/1200 IIHItH 0299 XI HwxpiM 08
        834 words
      • Article
        CONTAINER SCHEDULES
        1688 57 RECEIVING OF EXPORT FCL CONTAINERS AMP LCI CAR60 Booklnq/Btlanct Rstls Ship Voy No Etb/Btr Period From To From VI OWi 007V 09/2000 M 00/800 04/165S 04/1900 8 00/1900 01/1*59 ot/noo U 00/1700 0S/0659 09/0900 JUMjy' 2 MM n/TlOO 04/1500 08/1659 04/1900 8 NOW 00/1659 oi/poo 2A 00/1700 09/0*59
        1,688 words
      • Article
        GLOBAL HOLIDAYS
        193 57 Apr 8 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 28 New Zealand: Anzac Day. Apr 28 Australia: Anzac Day Holiday. Apr 28 Japan: Greenery Day. Apr 30 Denmark:
        193 words
      • Article
        COCKETT BUNKER MARKET REPORT
        739 57 THIS report, compiled by Cockett Marine OU 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 the individual
        739 words
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        VERITAS BUNKER QUALITY REPORT
        448 57 Mm In WW »»A »M/M W ISO/Cimac Limits Spec E2S 991 1.0 15.0 0.10 10* O.KT Sgcjg Wl 10 WO 0.15 W OW Northern Europe ISO Ave 901.4 0.1 12.5 0.04 21 0.02 ISO MM 993.2 U WS 0.10 72 0.01 No above 125 3 1
        448 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Star aims to get SIA to join alliance next month
        581 58 Global airline group wants new partners to stay ahead of rivals and to help boost revenue Bloomberg [SINGAPORE] The Star Alliance is pressing for Singapore Airlines Ltd, Asia's most profitable carrier, to join the world's largest airline group by May,
        Bloomberg; FILE PHOTO  -  581 words
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        Lock icon SIA expands joint cargo services with JAL; strengthens freighter network
        322 58  -  By Felix Chan [SINGAPORE] Singapore Airlines (SIA) will strengthen its freighter network with new destinations and frequencies in addition to expanding its cargo marketing partnership with Japan Airlines (JAL). The weekly joint services with JAL will start today, subject to
        FILE PHOTO  -  322 words
      • Article
        Lock icon Manila sharply raises flight charges despite protests
        259 58 AFP [MANILA] The Philippines has raised air navigation charges by up to 547 per cent, despite protests from the aviation sector badly hit by the Adian financial turbulence, an industry official said. Richard Stirland, director general of the Manila-based Association of Asia-Pacific Airlines
        AFP  -  259 words
      • Article
        Lock icon BA hopes to start London-Tripoli services
        100 58 Reuters [LONDON] British Airways pic said it hopes to resume flights between London and Tripoli for the First time in 15 years, following the lifting of United Nations trade sanctions with Libya. Subject to government approvals, the airline said it plans to start three
        Reuters  -  100 words
      • Article
        Lock icon China Airlines names adviser for share offer
        116 58 Reuters [TAIPEI] A governmentdirected foundation said yesterday it has selected Salomon Smith Barney as its financial adviser to help sell off a stake of over 35 per cent in China Airlines, Taiwan's leading carrier, within six months. The China Aviation Development Foundation, which
        Reuters  -  116 words
      • Article
        Lock icon US, China agree on pact to reduce flight restrictions
        630 58 Number of passenger, cargo flights to be doubled in three years Bloomberg [WASHINGTON] The US and China reached an agreement to "substantially" reduce restrictions on flights between the countries, the US State Department said. The accord will double the number of
        Bloomberg  -  630 words
      • Article
        Lock icon FedEx aims to triple China flights
        275 58 Reuters [MEMPHIS] Federal Express, the world's largest air express shipping company, aims to triple the number of flights it sends into China under a new civil aviation pact between the United States and China, company officials said. The unit of Memphisbased FDX Corp, the
        Reuters  -  275 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1620 58 on FU6HT C7A fU6H7 P» IH7M M05 LH6373 2355 MM* AN0230 DM «<SM IMS $026 2355 IH6301 TWO M 2005 IMS LH707 2359 $8230 19M W4507 2359 AasttrtfM S023 0705 HLS44 0040 ****** 2359 SO327 0745 KLS43 1730 S0W» IMS $0990 0105 6*973 0945 KU3t 2300
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      1184 44 i north america I i export i i other destinations I SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST Of CENTRAL AMEWCA (MARGARITA SERVICE) 1 vcn wr pSaTI e»m| m |w m ok [~«r mooarr ma vot mawtu SMiotauo comho rrcAtMM wpmwictku mum am ooaoau sisu u/m I u/m
      1,184 words
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      Page 44 Advertisements Column 2
      719 44 /wMT\ Lines services represented McmhPfc n( it*, i -10)j) Memfcers of the Ftegistry o< (Nia.i Singapore Freight Forwarders Accredited Shipping Agents. CjUy Association vg»«iy Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPHR/FREMANTIE (MONTHLY SERVICE) MV "TBN" ETA SIN 15/04/99 BOOKINGS CALL MOMCA/JU UNO TEL
      719 words
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      1077 45 TO EUROPE FROM EUROPE Iwssa VOY SM HTM MM HAM WN SOU FIT UN I IvßSa VOT fTM ANR HAH ItV SOU FIT UN SM~| Tim S27W 09/04 25/04 17/04 JO/04 01/05 NTMMML 31 M 70 03 17/03 11/0315/0) 00/04 HT FID6UI 317W 11/04 29/04 01/05 04/05 20/04 MY HKNMSS
      1,077 words
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      Page 45 Advertisements Column 2
      1916 45 HANJIN SHIPPING iFI U i hWrtlM -Mm 733*731 HAJUM SHMftNG (S) PTI LTD MOUNG *****35 737 SAIB *****24 731 DOCUNfIIT *****71 274 OfEUTKMS: *****50 751 MAW UK *****55 NU *****40 Ql# **********0 M TO NW USA A CANADA USA CANADA* FM VSI/VOT lIN I IN IMWM/VOT SU TTW D» TO
      1,916 words
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      Page 45 Advertisements Column 3
      417 45 ffSSfl WT_ _SM_ ftt WT SB JW_ _BL_ _M_ TBSfl I lumPttH I*k ll^Llillferl ■MCMjMMM MSS 11/ M IVM MM IVM IWWWWJ jM-|Bl|TOg MS |Mj|Tffl| jMjMMI 73S 11/ M Ml t* tl/M K/H V/Y »/M Ml KOiiiit I K/C I lm|ipi KB IjMlijffiJ BBC mil Ml MjJM MS H/K MS
      417 words
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      1193 46 DSRSENATOR LINES TO UK/CONTINENT TO MEDmERRANEANCANADA Ibblu* wm anb wm Imv Ifu II Vtua Iwy f'wi lan |TO| WJ I MTW 152 .u 2'S 22 22 MBMMMB WMtll IS M B.H Ml MM MM MM 2 2"222" M W"««UCA WMtll 77 0* MK 11M nu IS M 23 M 22
      1,193 words
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      Page 46 Advertisements Column 2
      788 46 ■PUB S!PORE M'SIA camen mh conth lmes, mc KouoMftmiwai cl\/VJ ggy. 1 l .TA"" B SBU: (084) *****9 MAMLA. (832) *****34 ?**"*-<"> BANGKOK: WJH***** SURABAYA: (31)*****0 p KELAWQ: (OS) *****77 JKT (21) *****07 MPOfc (81) *****3 KUCHNQ (082) *****1-3 CALCUTTA MADRAS MV "KOTA PERTANI" V.PTNO2S MV "SEA MARINE" V.SMNOS7 ETA
      788 words
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      Page 46 Advertisements Column 3
      444 46 LINE ay m» itM4M MXI lIMHI MUARA rasa wr ra ra rasa wr no iu SNKNUMA MM LM jmsra voti/w ao ii/m jhospb wi/w sio ii/m CWMU *132 VM/99 15/04 11/ M fMMII WW VM/99 IS/M 19/ M jraosm vm/mii/mzi/m jpoospb m/wii/mb/m CAIAIA ***** VWI/W 25/04 21/04 a—A 0032 VO9I/99
      444 words
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      1462 47 ISIBIIIH IVESSCL VQY BIM PKQ PEN PQB DUB PAX BHJ BA BIK IRAN TEYFOUftt PJLI34O 12/04 21/04 22/04 23A)4 25/04 27/04 IRAN BAAKERI PJLI34I 10/04 28/04 20/04 30/04 02/06 04AM IRAN 3HAHRIAR PJLI344 20/04 00/06 06/00 07/06 00/06 11/06 IRAN BAABAEI PJLI346 03/06 12/06 13/06 14/06 16/06 18/06 [IRAN TAKMTI
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      Page 47 Advertisements Column 2
      1910 47 Koba |i lift), N«g*ya (7 Bays), I I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 fAX *****06 OUTWARD (B/l) COSTAR SNIPPING PTE LTD #17-08NSIU)G SAIES/IKGS 420StS7/«0 INWARD DIPT (0/0) *****85 COSTAR AGENCIES (M) SDN BND CT NO; H7I7ifOOQOM TOWER TWO (*****+) CONVENTIONAL *****50/55 T/SHPMT OtFT *****25 TEL 02-07-35
      1,910 words
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      Page 47 Advertisements Column 3
      351 47 Eastern Car Liner, Ltd. »n«fcjwog.#B7« \tfc\ id (SINGAPORE) PTE LTD I SPECIALIZE IN RORO C HEAVY LIFT UPTO 4SO TONS 1 Ed (SINGAPORE) PTE LTD LOADING FOR CHENNAJ CHITTAGONG/CALCIiTTA/CHENNAI MV "MANOWI J ATA" V.26 MV 'TERESA PRESTKH" V0Y.23 ETA SIN 08/04/99 ETA CHEN 14/04/99 ETA SW 10/04/99 EU CTG 15/04/99
      351 words
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      Page 48 Advertisements Column 1
      1262 48 C MtM u m- J_ SGP Ho,< AMW HBfi THP ZEE LHV LHV THP RDM ANW HBG PW. SGP 1 IZ 1 4 01IK IMB 88/08 11/» IMB E. ROUND RE-CM 18/03 24/03 18/03 M*3 23/03 15/04 18*4 c SiJSLS'Si 1 5£ IMS 19/#S IMB 17/88 IMB 11*5 NUOVA GENOVA
      1,262 words
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      Page 48 Advertisements Column 2
      675 48 I PACIFIC INTERNATIONAL UNES (PTE) LTD I S22SI IB 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 lIB* "ft eh sa—sa—us m m «i eb_ T| UM*AUSTtAtu m l//r~ H~/4 14/4 I ?l"/4 i/siVA I iss is/4 |u7< v/y 874 i/% 7/5 ii/s -m7s| VOT W IZ
      675 words
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      Page 48 Advertisements Column 3
      435 48 f.- V NANTAI LINE FULLY CONTAINERISED SERVICE TO Hummus south Anna VKSa 1 VOT ISW Ml PW IJW I CPT RO~ GOIDBI DtAGOW Ml IS 15/04 24/04 n/04 31/1H CP/OS mmousi tO34S ?jD4 04/05 Ot/PS il/DS W 1405 WTOUMAeOtI MI3S 05/05 14/05 11/05 21/P5 22/85 MimVßHfi VO34S U/DS 24/05 2105
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      431 49 i BSfl i. MYANMA «BBk FIVE STAR UNE (Mya«Mr National Um) Loading far Yoagoa (Ra*go«o) vtssa voy sw m pw m OMSNWIHAW V22W SU MALAYSIA AGENTS: DOUSTtAO SHIPPING AGENCIES KUL IB (03)2417)00 PKL TH (03) *****01 rot m (04)2****** PGU: TH (07) *****21/4 BANK LINE (A sarvka of Aadrtw Htk
      431 words
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      Page 49 Advertisements Column 2
      1227 49 HMMO HYUNDAI MERCHANT MARINE CO., LTD. 1 Vtssa VOT f Vl SOU I W I «W I <W IHAOI WV I to ||»B« ¥QT|soU|ll|roi|Alir|NAO|t»|>E^SW| TYW 527W 01/04 30/04 01/95 25/94 27/04 HYMGMBSS 3141 17/03 24/01 20/03 23/03 10/04 HYFBBAI 317W 12/04 »/04 21/04 01/05 04/95 HAAS S2K 91/93 27/93 21/09
      1,227 words
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      Page 49 Advertisements Column 3
      1088 49 s nooMgian speaokzud oukxomtn v£. u Qmse Wilhelmsen Lines TO NORTH AND LATIN AMERKA "MM HUVYUFT SERVICE" [VESSEL I VOY RAMP HEIGHT SIN UX CRI MU SAV ML Otf NYC KW Ml TAWO Toof Mhm 6.3* 1W WWoT"WoTWoTWoTu7iTW9T JT/WWST TOWCOWG WW 4001 ms 6.3* 26/04 25/05 03/06 06/06 01/06 10/06
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      Page 50 Advertisements Column 1
      702 50 ■AWMHWU* TA mtfT/VA— OHA»AW j JAK A WT*/»W JA WO VESSEL VOY SIN*" BKK MTP LCH"" VESSEL VOY SIN JKT PJN KITIBHUM 96N 10/04 14AM 13AM QUfIU BHUM 1238 hi Pt 11/04 XETHA BHUM" 278N 11/04 14/04 IS/04 AWRO JAYAKARTA* 082 10/04 13/04 CHANA BHUM" 9SN 12/04 18/04 AKA BHUM
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      Page 50 Advertisements Column 2
      37 50 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 MUARA I Also accepting Heavy Lilt A Project Cargo Tel: 65-276 7996 Fax: 65-276 *****
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      Page 50 Advertisements Column 3
      515 50 INDONESIA NATIONAL LINE TO AUSTRALIA 1 FULL CO+fTMNER SCHVIOC jgl Wrlnc m m m na m mt to. |Nt" a l »«s w/w 10/04 i»/m n/M iflt nm nm li/s lis/mu/m nm »/m o/m m/m austiaumi Brawst ws In/x m/m 47/45 u/m n/os u/m m.mm ha hv»4- n/aa m/m i;/ts
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      Page 50 Advertisements Column 4
      731 50 j^gum |VOY|aW| PKLIJH? MLA |LEH I RTW I HM< I2g T"SF |mXEDeMMOSA, V3IW 1W 23W 2MM Ojg 06A» 07/06 0806 OMQ6 L 11/06 1M36 27AP4 am 0606 11/06 17/06 16W6 2006 ~2vS 22A» CyAQtUmuS U3IW 0606 13W6 18Q6 25*06 27/06 2U06 2M6 IAAWMUK. COPCNHAO€H GOTXCNBURG) AWO OTMBW POUTS «N I
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      66 51 I VaTAI SldfkDial74o-6000 Ofl QGITISnO —JMU (Retrieve more schedules!) Press "1" CT JC\ Select the port and key in the four digit code eg: To New York (NYC) 2275 Jj|| Key in your fax number J[* your phone number Another lnr»ov»tive service offered by The document will be SIHTPPTMt Tim
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      150 53 I FREE Reader Enquiry Service cut out and Fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISER:PRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product or
      150 words
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      136 54 BnMPVIIPIIP9HHI9 (FOREST WOWKTS SERVKE) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FA* EAST IVRQPt SIRYKE vtssa/voy sin iaoichaiawg umia honckong mm OCEAN QUEEN 25/04 30/04 DONWYOI6 15/04 17/04 22/04 LOADING FOR: PASQUAIi jaMN/sm/nKi«6/«araar ■AUYSU- NSN (M) SON WD TAWAU- CtfCKOtN FIDGMT SVCS PORT HUNG AGOfT: SUHSMP AGBKES PQ SON M) t.
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      Page 54 Advertisements Column 2
      178 54 iijscdjl^HVVfffflVfinfßTlTfflltKßVTßHHl B BMIPPINQ LINE i .ff II ,1 ill k BlVl fll I I I k l|llf I I LIBYA BENGHAZI TRIPOLI Ivissaiiai votwo wow smmwm bomi HBjB T""assi"n waua iwwu TTffOUtl 1340 02.04. W 12.04.W 22 04W lUlljjg 1104.W M.04.W 01.05.W lAAJCEK) 1341 MO4W 1104.W »04 W lIIAGHftI 21MW
      178 words
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      Page 54 Advertisements Column 3
      155 54 ESP LINES WIEKLY la AMD fa StiVKI HM MKOWT Mi EAST HUOfl OffTTMONfc MMAS tfHlfflftn. Ifflftt ItTTTT NMMMt MTTHNUi aoauT, coumm mrkop, mmmm oicwu wcw—iugww* iron >i rowmnnt Trmfttrrtcttt twitt vßsayvorfcg STOW jtt m m* m ~~1 POMUU/N4 71/83 H/H fl/H 31/ C H/o vm S-oma/in m/p a/p n/v rmm
      155 words
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      929 55 ——samudera shipping line ltd 111 72 Anson Road, Anson House #06-01 to 03, Spore ***** 1 CR >0.**********00 P TEL: *****88 FAX: *****24 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 I 7 slgs/week aamiatfW 2 slg/week VESSEL VOY SIN JAK IVESSEL IVQY I SIN |PLB I LAWANTI 326 10/04
      929 words
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      Page 55 Advertisements Column 2
      1056 55 rrcm Sil| 9 a P ore m k\\v (MoIOOSOtfOOOON SIN TO SRI LANKA, INDIA, CANADA, US/K/OUlf, MEXICO |\)j SJUSSSJ"'' 1 |p»G|Sl|MT|sUl|lw|fß6|aMlKMllmilim|of|SAY|«W|WilH«l, att 14/ *****000 C >~ 04/04 11/04 If/f3 11/03 14/04 It/04 M/ 04 W/04 I*/0S W/05 30/05 03/04 o*/0* Jllli. Jj/jL hmch mm SBh >4/04 w/04 04/04 04/04 81/
      1,056 words
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      Page 55 Advertisements Column 3
      39 55 SHIPPING •WAREHOUSING Loading Daily Mon lo S« (BATAMINDOI/IIT) Accepting Lift Cargo Reefer Container (lata*: Singapore Loading Moa Wed A Fti (BATAMINDO II) Accepting KlATonvertional/Prtjject Heavy Lift Cargo Tat 227 0322 Fu: 222 9330 ■lamingi r'rr' i Tk irn* <i«glii^^jlTh|gira_om»4__^_
      39 words
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      Page 55 Advertisements Column 4
      64 55 n £—i—d— Siiwapor* Jakarta Ocaanus Shipping Agency Pte Ltd P.T. Eatt Asia Bahan Shipping Tel: (65)222 4277 Tel: (21)*****38 Manna'lnt'l Transportation Co Ud Corrfrwght (Malaywl Sdn Bhd Tel: (02)*****99 Tel: (03)368*78 l-PAMIEgOHi' MHppma pte lIP 1 to MVGK&, i C*NTnAL YtolirrH MWWIC4 Accepting cargo tor porta In >Mo, Qua>«ma».. B
      64 words
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      556 56 IVESSEL^VOY^SIJ^^IIiS^^SI^I TIGER ISLAND 699N 10-11/04 16-1&04 2324/04 I TIGER PEARL 700N 20 22A54 27 27/04 I TK3ERSEA 701N 16-17AJ4 23-25(04 30-01/05 I TIGER BAY 702N 20-21V04 27-29A4 04-0506 I TIGER ISLAND 703N 23-24/04 30-02/05 07-06/05 I TIGER PEARI 704N 27-27AJ4 04 06/05 11-12/05 I IVESSE^^^^VO^^SI^^CA^^SI^I XPRESS SPORE 277 07 08/04
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      Page 56 Advertisements Column 2
      958 56 JV FREIGHT LINKS EXPRESS Tol: *****66 (60 Linos) Fox: *****33 E-mail: flosinOsingnot.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 Office*
      958 words
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      Page 56 Advertisements Column 3
      40 56 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DBN ALS ENDEAVOUR 04WB 15/04 26A)4 02/05 ALSTON 05 WB 13/05 24/05 30/05 ACCEPTING TO JOHANNESBURG AGENTS: SINGAPORE BEN LINE AGENCIES Trt: *****22 fmx: *****63
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      Page 56 Advertisements Column 4
      1000 56 lOOCL (Sinoopore) Pte lid CFS Keood Uistruk. 65(Ma51OCBCClr #42-*****9513 Mk 513 #01-128 t J 01 NO **********0N U: 272 7127 Mr—tmf M 43*33*3 Fax: 434 2966 F«: 272 712S Za rMwTj_ Orient Overseas Container line (Malaysia) Sdn Bhd 0* Nk *****2-ui jj PETAUNG IATA W: 03-756 7776 Fm: 03-754 6657
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  • Page 57 Miscellaneous
    • Miscellaneous
      Page 57 Miscellaneous Column 1
      133 57 LEGEND R Thunderstorm Temperoture c X\ Shower Weather _X Wind direction with speed in knots Rom V^/ Cloudy Sky Wove h M Sorfoce winds ore mdkated by arrows which Hy with the wind Cl) n t*de represents colm or Ught and vonoble winds i_» One hoH Heche represents 5 knots
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