The Business Times, 29 April 1999

Microfilm: NL21483
Total Pages: 64
1 64 The Business Times
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  • Title Section
    Masthead
    11 1 TheBusinessTimes MITA (P) 046/12/98 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, APRIL 29,1999
    11 words
  • Article
    MARKET SUMMARY
    55 1 D«37.M (-39.23) dww2(-si:)) Plamsci FDTOTES Maiuo(-7.90) gunEmooik ttNKBAKBriKUCEB Wednesday Change KLSE COUP HL«_-8J9 NIKKEI 1SJM124 -IMS HANO SENG 13,1819 231.4 SET INDEX ***** -111 JAKARTA COMP 481J4 >1113 MANILA COM P >39.14 TAIPEI WP! 7,***** -6W2 SEOUL OOMP ***** 3.96 CtSATHINA B ***** -494 AOSTALLORD _3,1217« -211 Ip«
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  • Article
    FINANCE
    78 1 FORSX BATES USI SI US$ 1.0N £(US|/SSper£) >619 1741 KURO(US$/S$ per E) 1.068 1411 DM LSI MM YEN 119.1 1.414* RM 1909 0.441 HKS 7.7S1 Mil BAOT 17.48 0.041 RUPIAH MM e.OM* St to 106 units PUMB1ATES SINGAPORE* &826 KUALA LUMPUR 11J0 JAKARTA 28.00 BANGKOK 14.75 MANILA 22J0 HONGKONG
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  • Article, Illustration
    Clob offer a test of market reaction, say investors
    868 1  -  Bnt some weary investors may want to go with offer if price was better By' Ven Sreenivasan, Wong Wei Kong [SINGAPORE] Market players on both sides of the Causeway said yesterday that an offer reportedly made by a Kuala Lumpur-based Singapore
    868 words
  • Article
    Guthrie, Australia's Lend Lease team up to buy over Emporium
    515 1  -  Guthrie unit taking over $165 m debts of financially-troubled retailer By Wang Wei Kong [SINGAPORE] Locally-listed Guthrie GTS, in partnership with the Lend Lease group of Australia, is buying over the businesses of financiallytroubled retailer Emporium Holdings for a token
    515 words
  • Article
    Are prices of east coast property heading north?
    421 1  -  Ql deals show flat prices despite anecdotal evidence By David Boey [SINGAPORE] Anecdotal evidence suggests that property prices in district 15 and 16 in the east have been hardening this year but statistics on actual transactions do not quite bear this out.
    421 words
  • Article, Illustration
    Lock icon Allgreen to offer 250m shares at $1.03 apiece
    775 1  -  Company valued at $1.08b; placement 17.5 x subscribed By Ang Wan May [SINGAPORE] Allgreen Properties is making an initial public offer of 250 million new shares at $1.03 apiece, raising proceeds of $257.5 million. The offer price, which values the company at
    ARTHUR LEE  -  775 words
  • Article
    Talk of MSCI index revamp takes down S'pore, HK stocks
    371 1  -  ST Index loses grip on 1,900 level as investors take profit By\ R Sivanithy [SINGAPORE] Investors ignored Wall Street's record overnight high and instead took profit yesterday in Hongkong and Singapore after rumours spread that Morgan Stanley Capital International is
    371 words
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      136 1 DBBPB Qmtto town 10% Creative Technology yesterday announced a worse-than-expected net profit plunge of 60% to US)lB3m for its 3rd quarter ended March, Pf 13 Few Asian tycoons have suffered as abrupt a reversal of fortune as Anthony Salim. The chief executive of Indonesia's largest conglomerate, Salim Group, oil Tuesday
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      43 1 B« aware of the ire of 170,000, Pg 2 ST Engg's Q1 earnings up 20%; better Q2 results expected, Pg 13 Stanchart wins bidding war for Nakornthon Bank, Pg 14 MatUra Views a case of spillover interest from neighbouring Mutiara Crest, Pg 2
      43 words
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      4 1 FREE with today's BT
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      13 1 Market reports, Pgs 20-24 HOCK LOCK smw Takes you behind the news TheßusinessTimes
      13 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      S'pore, US tie-up on advanced Internet technology research
      316 2  -  UCAID connects 150 US research universities; $1.9 m broadband network project also set up By: Raju Chellam A SINGAPORE research and development network has become the first in Asia to tie up with America's UCAID, which coordinates a very high-speed tele and
      316 words
    • Article, Illustration
      Mutiara View: a case of spillover interest
      257 2  -  By] David Boey MUTIARA View, a small freehold development off River Valley Road, has enjoyed a spillover of interest from the launch of a neighbouring freehold condominium called Mutiara Crest. Though the launch of Mutiara View kicks off this weekend, with 38 units
      257 words
    • Article
      'Be aware of the ire of 170,000 Singaporeans'
      193 2  -  UfAn.HAfl Denis Distant via Internet Singapore I REFER to your front page report "S'pore tycoon in bid to buy RMlOb of Clob stocks" in BT yesterday. It is ironical that after almost eight months of anxious waiting, 170,000 Singaporeans are now told
      193 words
    • Article
      KL must send, right signal
      152 2  -  Eric Ang Teck Sin via Internet Singapore IT seems to me that the Kuala Lumpur Stock Exchange takes its own sweet time to come up with any decisive solution on the Clob issue. With an Asian markets recovery now in sight, including the KLSE, Malaysia
      152 words
    • Article
      Kep TatLee lowers home loan rates
      254 2  -  Byi Clarissa Tan KEPPEL Tat Lee Bank yesterday lowered its home loan interest rates for the third to fifth years of a mortgage, this time by as much as three-quarters of a point. But the bank's rates for years three to five will remain
      254 words
    • Article
      SingTel: Critical services for businesses Y2K ready
      326 2  -  By Toh Han Shih SINGAPORE Telecom assured companies its telecom services will not be seriously affected by the Y2K bug, although some of its minor services are not yet Y2K ready. Some companies are concerned about how Y2K will affect their businesses, said
      326 words
    • Article, Illustration
      Lock icon March output seen rising 1.6%
      325 2  -  EYE ON THE ECONOMY Manufacturing By. Anna Teo MARCH industrial output is likely to have continued to climb in response to, and in anticipation of, the upturn in regional and global electronics demand, says J P Morgan. The US investment bank has forecast a 1.6
      Source: JP Morgan  -  325 words
    • Article, Illustration
      Press on, region far from settled, says BG Lee
      279 2  -  MAY DAT MESSAGE S'porewillbehitif events torn oat badly in Indonesia By Carol Eng THE region is "far from settled" and Singapore must press on with measures to increase its competitiveness, Deputy Prime Minister Lee Hsien Loong said in his May Day
      279 words
    • Article
      Hsien Loong named Central Banker of the Year for '99
      336 2  -  By( Chnang Peck Ming DEPUTY Prime Minister Lee Hsien Loong is Asiamoney's "Central Banker of the Year" for 1999. Richard Hu was the Hong-kong-based banking magazine's "Finance Minister of the Year" in 1998. Explaining the honour given to BG Lee,
      336 words
    • Article
      GE Capital reopens S$ issue, offers lower yield
      361 3  -  Total size of three-year notes raised from $300 m to $400 m By' Wong Wei Kong GE Capital, the financial services arm of US-based General Electric Co, yesterday reopened its issue of three-year Singapore dollar notes, this time offering a lower yield.
      361 words
    • Article
      Agents expect 20% more to holiday abroad in June
      615 3  -  Cheaper tour packages could boost sales 10-15% By 1 Tan May Ping TRAVEL agencies are once more looking forward to the June holidays, with expectations this time of a 20 per cent increase in passenger volume and a 10-15 per cent
      615 words
    • Article
      Consumer debt up 0.8% to $15.7b at end-June '98; instalment credit rising
      640 3  -  By Eugene Low DESPITE the region's economic malaise, consumer credit in Singapore has not shrunk at least, not by the end of June last year. Latest figures from the Department of Statistics show that consumer credit inched up
      640 words
    • Article
      Demand for JTC industrial space continues to slide
      378 3  -  Terminations outpace gross allocations in first quarter this year By Corinne Kerk WEAK economic conditions continued to reduce demand for Jurong Town Corporation's (JTC) industrial facilities in the first quarter of this year. Figures released by JTC yesterday showed that between January
      378 words
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      47 2 The grass is always greener on the other side. With so many choice properties for sale in The Straits Times Classified daily, it's no wonder our readers are A tempted to seek greener pastures. llPk, Advertise in the Properties section (Classifications 402 to 568). *****0 737 1^
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  • Page 3 Advertisements
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      196 3 It's here. lEmg4mmt Tl f mf MSwwwwwwWWMl^^m IBBC«jvJ«m!S9999V weii, press Car are wK. Few have seen N Fewer have The new performer the all jaguars and is ready to take on the world. Hang in there for one more day. Call 378 2624/378 2625 for your free information pack. I
      196 words
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  • ASIA OH THE MEND
    • Article, Illustration
      Lock icon Salim wins some, loses some in quest for a rebound
      919 4 Success in S'pore properties deal; setback in Indofood deal with Nissin [JAKARTA] Few Asian tycoons have suffered as abrupt a reversal of fortune as Anthony Salim, the chief executive of Indonesia's largest conglomerate, Salim Group. Mr Salim on Tuesday had
      FILE PHOTO  -  919 words
    • Article
      Lock icon Emerging market Asian equity hedge funds do best in Q1
      433 4 Bridge News [CHICAGO] Reflecting the resurgence of markets in Latin America, Russia and the Far East, emerging market and Asian equity hedge funds earned the best performance of all hedge fund categories in the first quarter of 1999, statistics complied
      Bridge News  -  433 words
    • Article, Illustration
      Lock icon Equity boom spells escape route for Asian firms, analyst warns
      356 4 There's a danger of funds going to the 'undeserving' AFP [HONGKONG] The boom in Asia's equity markets is allowing some companies to avoid painful restructuring needed following the regional economic crisis, a leading securities house warned yesterday. Emerging markets specialist,
      AFP  -  356 words
    • Article
      Lock icon Moody's upgrades outlooks of Panin Bank, Bank Bali
      535 4 Central banker says Indonesia's aim is to drive interest rates lower Bloomberg, AFP [NEW YORK] PT Pan Indonesia Bank and PT Bank Bali's credit outlooks were raised to "positive" from "stable" by Moody's Investors Service Inc, reflecting the financial strength of their
      Bloomberg,; AFP  -  535 words
    • Article
      Lock icon Let foreign managers run Indon state banks: economist
      146 4 Bridge News [JAKARTA] The Indonesian government should appoint foreigners to run the country's state banks in order to bring those banks in line with international standards, noted Indonesian economist and secretary general of the oppo- sition National Mandate Party (PAN), Feisal Basri,
      Bridge News  -  146 words
    • Article
      Lock icon No clear sign of a full HK recovery, says S&P
      288 4 Bridge News [HONGKONG] There is still no "clear sign" suggesting a recovery for the Hongkong economy at the moment, Standard and Poor's director and general manager Lincoln Chan told Bridge News yesterday. He noted an economic recovery can't be justified
      Bridge News  -  288 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Auctioneers Christie's opens Bangkok office
      154 5 BANGKOK AFP LEADING fine art auctioneers Christie's shrugged off Asia's economic gloom yesterday, opening its first office in Thailand after a string of bumper sales in the region. The 200-year-old firm is planning its first auction in Bangkok in August when fine manuscripts and Thai
      AFP  -  154 words
    • NOTE Book
      • Article
        Lock icon Rush to buy Anwar beating report
        82 5 AFP [KUALA LUMPUR] Nearly 10,000 copies of the royal commission report on the assault on ousted deputy prime minister Anwar Ibrahim have been snapped up in less than two days, Lofti Amer Abdul Hamid, marketing manager of the National Printers, said yesterday. "We only
        AFP  -  82 words
      • Article
        Lock icon Thai military to divest ailing firms
        60 5 Reuters [BANGKOK] The Thai defence ministry yesterday offered to divest control of three ailing enterprises which make glassware, leather and batteries. Deputy Defence Minister General Wattanachai Wuthisiri said the Glass Organisation was up for sale while investors would be invited to take 30 per
        Reuters  -  60 words
      • Article
        Lock icon Japan to give 48b yen loans to Malaysia
        63 5 AFP [TOKYO] Japan will extend 48 billion yen (*****.6 million) in loans to Malaysia, the finance ministry said yesterday. The low-interest loans are part of US$3O billion (Sssl billion) financial measures announced last October by Finance Minister Kiichi Miyazawa to help Asian
        AFP  -  63 words
      • Article
        Lock icon E Timor militias reject ballot
        54 5 Reuters [DILI] East Timor militia leader Jose Estevao Soares yesterday said pro-Jakarta loyalists did not accept a planned ballot on the territory's ftiture, threatening to take to the mountains to fight against independence. "We reject a direct ballot," he said after meeting UK Junior Foreign
        Reuters  -  54 words
      • Article
        Lock icon Philippine GDP to grow 2.2% in '99: IMF
        72 5 Reuters [MANILA] The IMF expects the Philippine economy to grow by just over 2 per cent this year, well within the target range attached to a loan programme, IMF documents show. GDP "is projected to grow by 2.2 per cent in 1999,
        Reuters  -  72 words
    • Article, Illustration
      Lock icon Debt-laden MAS, TRI shine as rates fall
      597 5 KUALA LUMPUR 'C&sh is crap and debt is good' in recovery cycle, says regional strategist Bloomberg FOR Malaysian companies, having loads of debt isn't so bad any more. Malaysian Airline System Bhd (MAS) and Technology Resources Industries Bhd (TRI), once spurned for their
      Bloomberg; Source: Bloomberg  -  597 words
    • Article
      Lock icon M'sian opposition in alliance to contest polls
      212 5 mKUALA LUMPUR Reuters MALAYSIA'S fractious opposition has formed an alliance to contest upcoming elections, a key rival to Prime Minister Mahathir Mohamad's ruling coalition said yesterday. The National Justice Party (NJP) said it had struck a pact with three other main opposition factions
      Reuters  -  212 words
    • Article
      Lock icon Thai govt, firms shun international bonds
      455 5 BANGKOK It's cheaper to borrow from other govts or at home Reuters THE Thai government, state enterprises and companies appear to be shying away from issuing debt in the international bond markets because it is cheaper to borrow money from governments or at home,
      Reuters  -  455 words
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      179 5 FRESH THROUGH JAPAN WITH ANA I to 5 delicious USA destinations daily j I <? I I mA J l I I :i y^vt ANA now flies to New York, Chicago, Washington DC, Los Angeles and San Francisco. Starting now, we II be serving direct flights to five hot American
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  • FOCUS
    • Article, Illustration
      Lock icon The mega-project that got away
      1201 6 While construction of Malaysia's new federal capital Putrajaya continues quietly, its future remains uncertain QUIETLY, or as quietly as hundreds of dump trucks, cranes and an army of construction workers can be, Malaysia is proceeding with one of South-east Asia's biggest and most ambitious construction
      FILE PHOTO  -  1,201 words
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      113 6 JM W Wi?sMli*lll I<I») i 1 i BiiAiialKiK h\fi gNfl H| :^^f^PEg9HHKflHfl^^H^|^H^^H^H| With a silky 6-cylinder engine, the new BMW also ensure an exciting drive on 320 i Ais the smoothest way to stay in control, the road to recovery. The classic \J Its dynamic handling and superb engineering is
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Chinese expert tackles CIH virus
      207 7 BEIJING Xinhua A LEADING Chinese computer expert has worked out an effective way to repair the hard drives of computers that are damaged by the CIH Chernobyl virus. Liu Xu, chief engineer of Beijing-based Rising Company, China's leading anti-virus company, told Xinhua yesterday that his
      Xinhua  -  207 words
    • Article
      Lock icon Growth in China fails to boost demand
      332 7 BEIJING Prices falling despite state spending spree, says senior official Reuters CHINA'S huge, state-driven infrastructure investment programme has produced economic growth but failed to revive listless consumer demand, a senior official said yesterday. "Sluggish demand remains the principal problem in the operation of
      Reuters  -  332 words
    • SINO Briefs
      • Article
        Lock icon 1.6m Chinese have right to live in HK
        61 7 AFP [HONGKONGI The Hongkong government yesterday said about 1.6 million ma inlanders have the right to live here following a controversial court ruling, more than four times previous estimates. Secretary for Security Regina Ip said the figure had come from preliminary results
        AFP  -  61 words
      • Article
        Lock icon Investment fund laws being speeded up
        88 7 Reuters [BEIJING] China is speeding up the drafting of rules governing the establishment of funds for industrial investment and venture capital investment, a government official was quoted as saying yesterday. Plans for setting up such funds were put on the government's agenda last year
        Reuters  -  88 words
      • Article
        Lock icon Listed power firms' outlook dim
        64 7 Reuters [SHANGHAI] Some of China's biggest listed power firms turned in shining 1998 performances, but they could be in for a shock this year as the economy slows, analysts and company officials said yesterday. Zhejiang Southeast Electric Power Co, Heilongjiang Electric Power Co and Guangdong
        Reuters  -  64 words
      • Article
        Lock icon Exchange Fund assets rise to HK$927b
        67 7 AFP [HONGKONG] Assets held by the Hongkong government's Exchange Fund Increased to HK1927.1 billion (*****.8 billion) at end-March, boosted by a sharp rise in the stock market. The Hong Kong Monetary Authority (HKMA) said the increase reflected a HK110.7 billion rise in the value
        AFP  -  67 words
    • Article, Illustration
      Lock icon It's not all about costs, says HK govt official
      526 7  -  Rentals are down, non-cost measures are in place to beef np competitiveness From Quak Hiang Whai in Hongkong THE cost of doing business is just one of the factors determining Hongkong's competitiveness, even though high operating costs had been cited as
      FILE PHOTO  -  526 words
    • Article
      Lock icon Taiwan's China investments fall 40% in first quarter
      248 7 TAIPEI Mainland not so attractive anymore, says Taipei AFP APPROVED Taiwanese investments in China plunged 40.11 per cent year-on-year in the first quarter, a sign that the mainland is losing its status as an investment haven, the government said yesterday. The Investment
      AFP  -  248 words
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      260 7 jHv" JT tBKLI w, A W WM > jA off Here's to never being satisfied jflHv v JHre The Citibank Premium Deposit pairs two currencies, WBX so you could enjoy a substantially higher interest rate compared B jwSF to a regular deposit. But the advantages of The Citibank Private JtimF
      260 words
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  • ASIA
    • Article
      Lock icon Japan industrial output up – third rise in 4 months
      215 8 Japan industrial output up third rise in 4 months TOKYO Bloomberg JAPAN'S industrial production increased in March as public works projects funded by a government spendingspree went into full swing. Output at mines and factories rose 2.2 per cent in March after rising a revised 1.3 per cent the month
      Bloomberg  -  215 words
    • Article, Illustration
      Lock icon It's less painful being PM
      87 8 [TOKYO] Japanese Prime Minister Keizo Obuchi getting some baseball practice yesterday before his departure for the US today. On his three-city tour, he is scheduled to throw out the first pitch in a major-league Chicago Cubs game on May 1. Guiding him yesterday was pitching
      AFP, REUTERS  -  87 words
    • Article
      Lock icon Japanese banks gear up for equity business
      603 8 TOKYO Tough battle to fight, however, against established local and foreign brokerages Bloomberg SEVEN of Japan's largest banks plan to spend billions of yen to build equity businesses, after rules banning them from underwriting and trading stocks are scrapped in October. Bank of
      Bloomberg  -  603 words
    • Article
      Lock icon S Korea denies wanting out of US bank deals
      375 8 SEOUL Govt says it's not critical of Goldman, Newbridge deals Reuters SOUTH Korea yesterday denied it is trying to wriggle out of deals to sell two Korean banks to two US investment institutions, saying both deals would be good for the
      Reuters  -  375 words
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      324 8 WhpV HEWLETT* B"KM PACKARD HP's range of All-in-One Products Jb HP LaserJet 3100 Laser quality black white printer Plain paper fax Black white sheetfed scanner Black white sheetfed copier HP LaserJet 1100 A Laser quality black white printer Black white sheetfed scanner Black white sheetfed copier HP Office Jet 725
      324 words
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  • THE WORLD
    • Article, Illustration
      Lock icon IMF to sell gold to fund debt relief for poorest countries
      517 9  -  Sale of 10m ounces would raise USs2.sb; final decision expected in Oct Reports by Vikram Khanna in Washington THE International Monetary Fund will sell some of its gold holdings to help finance debt relief for the world's poorest countries.
      AFP  -  517 words
    • Article
      IMF to study need to change voting power formula
      339 9 Move a response to US call for greater say for emerging markets THE IMF is in the process of launching a major study to determine whether the formula by which it calculates member countries' quotas on which voting power within the
      339 words
    • Article
      Lock icon IMF warns against policy mix with currency 'misalignments'
      249 9 WASHINGTON AFP THE IMF on Tuesday warned countries against pursuing "inappropriate" policies that could lead to "significant exchange rate misalignments". But it pulled back from outright condemnation of fixed rates, saying that while they posed problems in some countries, others "had been
      AFP  -  249 words
    • Article
      Lock icon ECB chief Duisenberg defends euro, tries to halt decline
      373 9 WASHINGTON Reuters LIKE the protective father of a sickly child, European Central Bank president Wim Duisenberg on Tuesday gave the most powerful defence yet of the European Union's fledgling single currency, the euro. Speaking on the sidelines of the International Monetary
      Reuters  -  373 words
    • WORLD Watch
      • Article
        Lock icon Summers warns against complacency
        57 9 Bridge News [WASHINGTON] US Deputy Treasury Secretary Lawrence Summers yesterday warned against becoming complacent about the strength of the US economy, because that could lead to' 1 inappropriate asset valuations" in an apparent reference to the US stock market. He added the growing current account deficit
        Bridge News  -  57 words
      • Article, Illustration
        Lock icon Yugoslav deputy premier sacked
        65 9 Reuters [BELGRADE] Yugoslav Deputy Prime Minister Vuk Draskovic was sacked yesterday for expressing views "in contradiction with the positions of the federal government", the information ministry announced. The announcement, carried by the official news agency Tanjug, came a day after Mr Draskovic, a political maverick, expressed
        Reuters  -  65 words
      • Article
        Lock icon US March durable orders up 2%
        89 9 Reuters [NEW YORK] Solid gains in orders for US durable goods in March confirm recent signs that the nation's factories are beginning to fire on all cylinders, providing fresh fuel for the eight-year-old economic expansion. "March durable goods orders were strong," said Ram Bhagavatula,
        Reuters  -  89 words
      • Article
        Lock icon Scientist moved classified N-info: report
        91 9 AFP [WASHINGTON] A Taiwan-born scientist who allegedly passed US nuclear designs to China also moved classified data from a top-security computer system to a widely accessible network, The New York Times reported yesterday. The scientist, Wen Ho Lee, compromised virtually every nuclear weapon in the
        AFP  -  91 words
    • Article
      Nato fumbles to find a way out of Kosovo
      812 9  -  Anniversary summit sees expressions of solidarity bat yields no coherent strategy From Leon Hadar in Washington THE 50th anniversary celebrations of the North Atlantic Treaty Organisation (Nato) have ended on a note of solidarity as the leaders of the 19 nations
      812 words
    • Article, Illustration
      Lock icon What Internet stock bubble? Analysts stay bullish
      591 9 SAN FRANCISCO Reuters WHO says Internet hysteria has gotten out of hand? Not the technology leaders and analysts gathering for the industry's biggest annual conference here. They are giving some of the rosiest forecasts yet for the Internet sector, saying that far from
      Reuters  -  591 words
    • Article
      Lock icon EU bans all US beef from June after new study
      142 9 BRUSSELS Bloomberg THE European Union said it will ban all imports of beef from the US starting June 15 after a study showed hormone residue in beef certified as hormone-free and shipped to the EU, the European Commission said. The
      Bloomberg  -  142 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Asia is out, Europe is in again in the US
      829 10  -  BOTTOM LIME OPINION By Leon Hadar The writer is BT's Washington correspondent DURING the first leaders summit of the Asia-Pacific Economic Cooperation forum (Apec) that took place in Seattle, Washington, in November 1993, a top US official briefed journalists on
      829 words
    • Article
      IN OTHER WORDS
      112 10 'Part of growing up is learning how to control one s impulses.' -an*, Clint*. wife of US President Bill Clinton, as she introduced her husband at a gun-control rally. 4 We all want to see a smooth, peaceful election. Otherwise disaster is waiting for US- B J
      112 words
    • Article
      Supachai for the WTO
      613 10 EDITORIAL THE front-runner for the post of director-general of the World Trade Organisation (WTO), Thai Deputy Prime Minister Supachai Panitchpakdi, is discovering to his chagrin that the 134-nation body is driven more by narrow American domestic politics than by the concerns of world trade. Dr Supachai
      613 words
    • Article, Illustration
      Lock icon Who can be sure the worst is over for world economy?
      884 10  -  Recovery could be around the corner, bnt most economies now are getting worse, not better By Robert Samuelson Washington Post Writers Group WHAT we know about the global financial crisis is that we don't know very much. At every
      Washington Post Writers Group; FILE PHOTO  -  884 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      997 10 Washington'! glib answers HILLARY Clinton sounded hollow on Tuesday when she said, as she introduced her husband, President Bill Clinton, at a gun-control rally: "Part of growing up is learning how to control one's impulses." This is a White House not distinguished by its mastery of
      997 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Trumpeter Al Hirt dies
      324 11 Became a national star by infusing pop music with the swinging sound of jazz Reuters [NEW ORLEANS] Trumpeter ai Hirt, a French Quarter favourite who became a national star by infusing popular music with the swinging sound of New Orleans jazz, died on Tuesday after a
      Reuters; CAMERA PRESS  -  324 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      191 11 \H7TI/V»«/\ 4a ittima J Presented Diners Chlb Offers Personalised Cash Access to apply, can: Vt here to dine 3nd entertain*** intematwmr at over 30,000 locations worldwide. 290 4545 Guest chefs from Penang will whip up authentic Penang specialities including Penang Char Kway leow, Laksa and Banana Apom. Plus the chance
      191 words
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      Page 11 Advertisements Column 2
      57 11 r »v* W 1 HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tel: 737 9044 Ext 400/02 Fax: 733 3175 j on predictions. Advertise in Wine, Dine Entertain of The Business Times and reach out to 140,000 readers daily. Contact Jennifer Ng 740 1581, 'tin Raymond Seah 740
      57 words
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      Page 11 Advertisements Column 3
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      60 words
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      Page 11 Advertisements Column 4
      230 11 "1212" LUNCH PROMOTION (From 12 noon 2.30 pm daily) Come and try our value for money "1212" lunch promotion bring at least one friend to enjoy the following special prices and discount. 1* M Iti/mui Orltf UM via QM trttK Tian Chicken Rice $8lo" $1.00 $4.25 Tue Nasi Goreng $7.50
      230 words
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      Page 11 Advertisements Column 5
      88 11 ■l ■■P 1-30 April 1999 C/ I I I I fm I "«*S#w !plM| kr^Lii H iv fw: J Australian Wines featured at our restaurants 831 6288 .Hantaan* Qj Sugapare —J 333 Orchard Road, Singapore *****7 A meal awaah «d Wf joom liver aoJ oyster lovers I I I out
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1090 11 CRYPTIC CROSSWORD ACROSS u J p I" 5 K 7 g 6 A full one should give you a io~ capital start (4) L_J 10 Influence of strike (5) ffl SB fl| IH H| 11 Put off rate increase (9) 12 Hardback produced by a wB uTHI 13 She has
      1,090 words
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  • MOTORING
    • Article
      Next: a wave of M&As among tyre makers
      386 12  -  The EIU sees the Big Three getting bigger soon All reports by\ Christopher Tan [SINGAPORE] Mirroring developments in the car-manu-facturing industry, mergers and alliances will be the order of the day among tyre makers. According to a recent report by the Economist
      386 words
    • Article, Illustration
      Mitsubishi Motorshow back next month
      234 12 [SINGAPORE] After a successful maiden run last year, Cycle Carriage is bringing the Mitsubishi Motorshow back next month. Scheduled for May 14-16 at Takashimaya Square, Takashimaya Shopping Centre, the event will show off a series of new Mitsubishi cars, a concept vehicle, as well as
      234 words
    • Article, Illustration
      Lock icon Toyota Unser may be slapped with 42% KL tax
      278 12 Distributor UMW seeking longer grace period or compromise in tax rates [SINGAPORE! The Toyota Unser, a popular mini-van priced just slightly above the Proton Wira in Malaysia, could soon be out of reach of budget buyers. The Malaysian authorities are planning
      NST  -  278 words
    • Article
      The OMV guide
      1198 12 Average Open Market Vske of cars pegtsfemd In March 1999. MOoayiMoc cc aveomv® mooelamoe cc aveomuw AU»R0MBaAiM146 15TO ***** HONDA PRELUDE 22A *168 ***** S«A415A1586 255«9 HONDA PRBJU0E25M Z156 ***** MUA624A 2583 ***** HOM)A PRBJUOE 2MEX Z1S8 36,1® MWA626A 2598 44.301 HONDA COYSSEY AUTO 2J253 29,613 ■WSS®
      1,198 words
    • BUMPER to BUMPER
      • Article
        Delphi, BMW developing new power unit
        81 12 DELPHI Automotive Systems and BMW have joined forces to make vehicles that use a solid-oxide fuel cell as an auxiliary power unit. Delphi will develop the fuel cell system and BMW will integrate the unit into a vehicle. The unit will supplement electric supply
        81 words
      • Article
        Schrempp chooses career over marriage
        128 12 FACED with a choice between the wedding of Daimler-Benz and Chrysler or his own marriage, Juergen Schrempp, head of what is now one of the biggest industrial groups in the world, chose his career. In an interview with Germany's mass circulation Btld, lifted by AFP,
        128 words
      • Article
        EC to fine DaimlerChrysler
        113 12 THE European Commission says it plans to fine DaimlerChrysler Ag after finding the world's No 5 carmaker had refused to sell cars to customers who crossed European borders seeking lower prices. A two-year probe by the EU's executive agency found evidence that DaimlerChrysler dealers in Spain,
        113 words
      • Article
        New styling and design director for RR
        93 12 VOLKSWAGEN has appointed a new director of styling and design for subsidiary Rolls-Royce Motor Cars. Dirk van Braeckel, 41, has been with the VW Group for 15 years. He worked on several Audi designs, including the 80 Avant, Cabrio, A 8 and A3.
        93 words
      • Article
        Rolls-Royce, Bentley sales up in Q1
        94 12 THE super-rich bought more Rolls-Royce and Bentiey cars in the first quarter than in the previous corresponding period. Sales of the two high-end names climbed 37 per cent to 344 units in the first three months of this year. Sales in all major markets
        94 words
      • Article
        Saab cars judged the safest
        75 12 THE Highway Loss Data Institute of the US has found the Saab 900 (the predecessor to the 9-3) to be the safest in its class. In fact, the 1995-97 range was 39 per cent safer than the "average mid-size" sedan. In its study, the institute
        75 words
      • Article
        Passats, Audis from Thailand next year
        75 12 THE Yontrakit Group of Thailand will start producing Volkswagen Passats and Audi 6's next ye*r. First-year output is expected to be 2,000 units, with the figure trebling by 2003 if the Thai economy recovers. Meanwhile, Yontrakit's plant is being fitted with the latest production
        75 words
      • Article
        Go romping in Endau-Rompin
        57 12  -  Compiled by Christopher Taa AUTO adventure company Wheels For Fun is organising a drive up to the Endau-Rompin National Park (Malaysia's second biggest) on May 14. The back-to-nature trip Includes roughing it out in tents, offroad experience (4x4 vehicles provided), and cruising down a river in
        57 words
    • Article
      Rover after-sales centre opens tomorrow
      175 12 [SINGAPORE] Rover Singapore, the new importer for the British marque, will begin operations tomorrow with the opening of its new after-sales centre. The 1,381 sq m facility, at 23 Leng Kee Road, cost about $500,000 to renovate and boasts a 28-bay workshop equipped with the
      175 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      190 12 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
      190 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Creative Q3 profit slumps 60%; shares dive 8.6%
      765 13  -  Analysts say Q4 will be unspectacular; Dell added to firm's OEM stable By. Annette Pau SOUNDCARD maker Creative Technology yesterday announced a worse-than-ex-pected net profit plunge of 60 per cent to US$lB.3 million (Ss3l million) for its fiscal third quarter ended March,
      FILE PHOTO; Source: Bloomberg  -  765 words
    • Article
      FCC directors sell more shares
      169 13 [SINGAPORE] First Capital Corporation directors have sold more of their shares in the property development company. Quek Leng Chan, Quek Chee Hoon and Sat Pal Khattar each sold 384,000 FCC shares at $2.20 per share on April 26. Mr Khattar also converted 7,991 non-redeemable convertible
      169 words
    • Article
      Time for a pause after that steep climb from Sept?
      842 13  -  HOCK LOCK SIEW Louis Beckerling HOW quickly times have changed. Around the middle of last year the biggest concern in the marketplace was whether plunging share prices on the Singapore stock market had finally reached their bottom and it was
      842 words
    • Article
      ST Engg's Q1 earnings up 20%; expects better Q2
      416 13  -  By\ David Boey {SINGAPORE] Singapore's largest defence and engineering group, Singapore Technologies Engineering, yesterday said its earnings rose 20 per cent to $45.8 million in the first quarter of 1999. The mainboard-listed counter said it expects to better its performance in
      416 words
    • Article
      JC-MPH beefs up management team in restructuring exercise
      220 13  -  By Conrad Raj [SINGAPORE] The Jack Chia-MPH Group, which is in the midst of a restructuring exercise to enhance shareholder value, is attempting to beef up its management team with several new appointments. There will be a new chief executive for its
      220 words
    • COMPANIES
      • Article, Illustration
        Lock icon Stanchart beats UOB in battle for Nakornthon
        789 14  -  British bank will take management control with 68.2% stake, Thai govt 20% From Harish Mehta in Bangkok BRITAIN'S Standard Chartered Bank yesterday won a marathon two-year bidding battle for a majority stake in Thailand's Nakornthon Bank worth 6.2 billion baht (Ss2Bo million), as
        AFP  -  789 words
      • Article, Illustration
        Lock icon Panpac undeterred by expected losses from Internet ventures
        511 14  -  Company sees itself in the red, breaking even for 2-3 years By Marissa Chew [SINGAPORE] Panpac Media's foray into the Internet content business will see the company go into the red or at best just break even for two to three years
        FILE PHOTO  -  511 words
      • Article
        Small investors get 32.5% of PTC shares
        240 14 [SINGAPORE] Investors who applied for one to nine lots in Poh Tiong Choon Logistics's shares will get 32.5 per cent of the integrated logistics group's public offer tranche. Applications amounting to a total of 1.95 billion shares were received for the 12 million
        240 words
      • Article
        Lock icon At least 10 suitors eyeing PCIBank for takeover
        331 14 Bloomberg [MANILA] Philippine Commercial International Bank, the country's fifth-largest bank, said at least 10 companies are studying its books for a possible US$72O million (Ssl.2 billion) takeover. Bank of the Philippine Islands (BPI), Metropolitan Bank and Trust Co, and Far East Bank
        Bloomberg  -  331 words
      • Article
        LC Devt to buy LC Hotels from parent, Waterbank for $163m
        304 14  -  Lam Chang, DelGro subsidiary will be paid in new shares By Marissa Chew [SINGAPORE] LC Development will pay a total of $163 million to its parent Lum Chang Holdings and Waterbank Properties for LC Hotels, a company which runs
        304 words
      • Article
        HPL has $348m in investment properties
        199 14 [SINGAPORE] Listed Hotel Properties Ltd (HPL) yesterday revealed that its investment properties were valued at a total of over $348 million as at the end of last year. In a statement issued to the stock exchange yesterday, the company said the value of its
        199 words
      • Article
        L&M loan restructure: Ernst named advisor
        132 14 [SINGAPORE) L&M Group Investments yesterday said it has appointed Ernst Young as financial adviser to help the company restructure its existing bank facilities. Ernst Young wiU also help L&M formulate a plan for a recapitalisation exercise. The mainboard listed engineering and construction firm previously
        132 words
      • Article
        Pokka cuts losses to $3.9m as sales rises 19%
        177 14 [SINGAPORE] Food and drinks manufacturer Pokka Corp trimmed its losses to $3.9 million for the full year ended Jan 31 an improvement over the $5.1 million loss it suffered the previous year. The group said in a statement yesterday that turnover
        177 words
      • COMPANY Briefs
        • Article
          SingTel ups SingNet capital to $27m
          50 14 [SINGAPORE] Singapore Telecom yesterday said its wholly-owned subsidiary Sing Net has increased its issued and paid-up share capital from $2 to $27 million. The Internet service provider allotted and issued 27 million ordinary shares at $1 each for cash at par to Sing Tel.
          50 words
        • Article
          Singamas net shoots up to US$1.5m
          55 14 [SINGAPORE] Singamas Container Holdings yesterday reported a 137 per cent surge in profits to US$l.5 million (552.5 million) for the year ended Dec 31 despite a 5 per cent drop in sales to U*****.6 million. Earnings per share was 0.34 US cent, up from
          55 words
        • Article
          WBL acquires 51% in US firm for US$4m
          52 14 [SINGAPORE] WBL Corp yesterday announced that its subsidiaries, Wearnes Technology and O'Connor's Holdings, have acquired a combined 51.5 per cent stake in US information technology company Edgepoint Networks for a total of US$3.B million. WBL said Edgepoint is now a subsidiary of
          52 words
        • Article
          Sunright buys into Taiwan, M'sia units
          101 14 [SINGAPORE] Sunright has bought 156,800 shares in KES Rood Technology Taiwan (KRTT) and 152,306 shares in KESM Rood Technology (Malaysia) (KRTM) from Rood Testhouse International (RTI) last Friday. It added that the acquisition cost, loans and reimbursements of these companies totalled about $4 million.
          101 words
    • REGIONAL COMPANIES
      • Article
        China Telecom (HK) profit jumps 40% to HK$6.5b
        487 15  -  With 19b yuan cash pile, group is in strong position for more acquisitions From Quak Hiang Whai in Hongkong CHINA Telecom (Hongkong) (CTHK), a Hang Seng component company, yesterday said net profit for last year totalled HK56.46 billion (Ssl.4 billion), up 40
        487 words
      • Article
        Lock icon Thumbs up for First Pac's Indofood plan
        210 15 Reuters [HONGKONG] First Pacific Co Ltd's determination to buy a stake in Indonesia's Indofood found favour with analysts who said the instant noodle maker would be a cash generator in the years ahead. "Indofood will be an asset and it's going to be
        Reuters  -  210 words
      • Article
        Lock icon HK Telecom invests HK$50m to speed up data access
        274 15 Bloomberg [HONGKONG] Hong Kong Telecommunications Ltd, the city's dominant telecom service provider, said it will buy up to HK$5O million (Ssll million) worth of equipment from Finland's Nokia this year to increase the speed of data transmission over its mobile phone
        Bloomberg  -  274 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Sony profit suffers 20% hit sees dismal year ahead
        392 16 It posts 179b yen net amid waning sales for Play Station; blames yen swings Reuters [TOKYO] Sony Corp, maker of the Walkman personal stereo and Play Station game player, said yesterday that its profits sagged nearly 20 per cent in the
        Reuters  -  392 words
      • Article, Illustration
        Lock icon Nissan to slash board to 10 from 37 members
        308 16 New team will include three execs from Renault AFP [TOKYO] Japan's Nissan Motor Co Ltd announced yesterday it will slash the number of board members at the end of June following its landmark tie-up with Renault SA. Nissan will cut the
        AFP  -  308 words
      • Article
        Lock icon Sogo selling flagship store to cut 1.6t yen debt: report
        276 16 Bloomberg [TOKYO] Sogo Co, a midsized Japanese 'department store operator, will sell its flagship Osaka store this year for more than 35 billion yen to pay down its 1.6 trillion yen (5522.8 billion) group debt, the Nihon Keizai newspaper said,
        Bloomberg  -  276 words
      • Article
        Lock icon VW's Q1 profit up 2.9%, way below analysts' forecasts
        349 16 Hard to beat 1998 results, company warned in February Bloomberg [WOLFSBURG, Germany] Volkswagen AG, Europe's biggest carmaker, said firstquarter profit rose a smaller-than-expected 2.9 per cent as it made less money on the cars it sold. The maker of the Audi,
        Bloomberg  -  349 words
      • Article, Illustration
        Lock icon e-partners extends Murdoch's foray into digital realm
        277 16 AFP [SYDNEY] Rupert Murdoch's News Corp moved yesterday to expand its presence in the emerging digital industry, forming a new company to take equity stakes in the Internet and interactive television. The company, e-partners, will have a US$3OO million (Ssslo million) capital base
        AFP  -  277 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon AOL Q3 earnings triple to US$117m
        374 17 US CORPORATE RESULTS Revenue jumps 55% as it gains new subscribers at a record pace Bloomberg [DULLES, Virginia] America Online Inc's (AOL) fiscal third-quarter profit tripled, exceeding analysts' forecasts, as the No 1 Internet service gained new subscribers at a record pace and revenue
        Bloomberg  -  374 words
      • Article, Illustration
        Lock icon Disney profit takes a 30% plunge in Q2
        331 17 Earnings down on weaker video sales, higher costs at ABC Bloomberg [BURBANK, California] Walt Disney Co, the world's No 2 media company, said its fiscal second-quarter profit fell 30 per cent because of weaker home-video and merchandising sales and higher costs at
        Bloomberg  -  331 words
      • Article, Illustration
        Lock icon Apple shares up on analyst's report
        268 17 Bloomberg [CUPERTINO, California] Shares of Apple Computer rose 12 per cent on Tuesday after Goldman, Sachs Co put the company on its list of recommended stocks. Apple rose 4 13/16 to USs4sv* in trading of 18.8 million shares, making it the sev-enth-most active stock
        Bloomberg; Source: Bloomberg  -  268 words
      • Article
        Lock icon Texaco's Q1 profit 59% down on low oil prices
        235 17 Bloomberg [WHITE PLAINS, New York] Texaco Inc, the third-largest US oil company, said firstquarter earnings fell 59 per cent as oil prices hovered near historic lows in January and February. Crude oil on the New York Mercantile Exchange averaged U5513.17 a
        Bloomberg  -  235 words
      • Article
        Lock icon IBM boosts dividend, to buy back US$3.5b shares
        265 17 Bloomberg [MIAMI] International Business Machines Corp, the world's No 1 computer maker, boosted its dividend by 9 per cent and authorised a US$3.5 billion (555.9 billion) stock buyback, less than a week after reporting better-than-expected earnings. The company raised its dividend to
        Bloomberg  -  265 words
      • Article
        Lock icon CAI Wireless sale price 17% higher
        129 17 Reuters [ALBANY, New York] CAI Wireless Systems Inc on Tuesday said it had completed an agreement to be bought by MCI World Com Inc, the No 2 US long distance provider, at a price 17 per cent higher than first announced. The revised deal
        Reuters  -  129 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Several bids for stake in Credit Lyonnais
        402 18 Credit Agricole expected to buy 10% for 5b francs Bloomberg [PARIS] France's sale of Credit Lyonnais, the bank it spent US$25 billion (5542.5 billion) to save, attracted bids from more than a half-dozen financial institutions hoping to sell their products and gain a
        Bloomberg  -  402 words
      • Article
        Lock icon Bankers Trust holders OK sale to Deutsche Bank
        331 18 Approval by US regulators is the last major barrier to the USslob sale Bloomberg [NEW YORK] Bankers Trust Corp shareholders approved the company's US$lO.l billion (5517.1 billion) sale to Deutsche Bank AG, removing a hurdle to creation of the world's biggest financial-ser-vices
        Bloomberg  -  331 words
      • Article, Illustration
        Lock icon Australia's AMP says it's still got an eye out for big acquisitions
        278 18 War chest scaled back, loan facilities halved to £800 m Bloomberg [SYDNEY] AMP Ltd, Australia's biggest life insurer and fund manager is still on the look out for big acquisitions even after scaling back its loan facilities following
        Bloomberg; FILE PHOTO  -  278 words
      • Article
        Lock icon Stage set for shakeout in Korean life insurance
        331 18 Reuters [SEOUL] An international auction of seven ailing South Korean life insurers would set the stage for a dramatic shakeout in the world's sixth largest life insurance market, analysts said yesterday. "When top-notch foreign insurers enter, the domestic insurance market will see
        Reuters  -  331 words
      • Article
        Lock icon It's Net only for UK Pru bank unit's new accounts
        251 18 Reuters [LONDON] Britain's largest life insurer Prudential Pic said on Tuesday its direct banking unit Egg would restrict new savings account applications to the Internet only, a move designed to slow down a startling growth rate. Ironically, the restriction on
        Reuters  -  251 words
      • Article
        Lock icon Bank of Tokyo-Mitsubishi reverses forecast to loss
        189 18 Bloomberg [TOKYO] Bank of Tokyo-Mit-subishi Ltd, Japan's largest lender, reversed its current profit forecast to a 20 billion yen (*****.1 million) loss for the year ended March 31, as it set aside more money to cover mounting bad loans. Tokyo-Mitsubishi Bank earlier forecast
        Bloomberg  -  189 words
      • Article
        Index drifts lower, taking lead from HK
        144 19  -  SOXEXReports MSCX Singapore Index Edward Cheung, Jardine Fleming THE MSCI Singapore Index opened higher yesterday on the back of a new high on the Dow Jones overnight. The euphoria was short-lived as the index drifted lower following Hongkong's lead. Profit-taking continued throughout the
        144 words
      • Article
        Futures continue to trade lower
        232 19  -  MSCI Taiwan fixtures Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures took similar strides to Tuesday's trading session, losing 3.6 and 3.1 points respectively in the AprU and May '99 contracts. The Taiex lost 53.52 points, influenced by Nasdaq's loss of 49.64
        232 words
      • Article
        Lock icon Oil prices jump on news of another big drop in US crude stocks
        283 19 ENERGY REPORT Reuters [LONDON] World oil prices resumed their sparkling recent rally yesterday, fired up by news of another big cut in US crude oil stocks. International benchmark Brent crude vaulted 40 cents higher to U5516.20 a
        Reuters  -  283 words
      • Article
        Lock icon CURRENCY REPORT
        324 19 Reuters, Bloomberg London A BARRAGE of comments by European central bankers underpinned the euro against the dollar yesterday, but verbal support for the single currency was expected to have dwindling impact in the coming days. Euro/dollar hit one-week highs early in Europe, extending gains triggered on Tuesday after
        Reuters,; Bloomberg  -  324 words
      • Article
        Untitled
        1897 19 SICOM FUTURES Apr 28 RUB8CB (futum dosmq *s Jrt S.30^n) RSS1 cwtsAij) Close Volume Open Mowtt High Low Sett (towwi) Interest May 99 97.50 50 J«m 99 99.25 250 Jul 99 101.50 101.50 101.50 600 775 Aug 99 103.25 275 Sep 99 105.25 275 Oct/Oec 99 W8.00 975 RSS 3
        1,897 words
      • Article, Illustration
        Untitled
        1267 19 PfTERBANK CROSS RATES C$ too Ffr Dm HKS Ind to »upiah Yen Won »H WZ$ PalH» Peso S$ Band SfrMT$BH»tPo-dU$S S2" I0« 0 965 *oa a 4 0 1W6 5 063 27 964 5578fi 077 7705 2.482 1.185 33.113 24.843 1.108 3.965 0.984 2U58 24.481 0.403 0653 n ifta ni7»
        1,267 words
    • Article
      WORLD STOCK MARKETS
      2204 20 LONDON Industrials Apr 28 Pot)* V31 Croup 6.75 -0.01 A B Foods 4.58 0.10 A B Ports 2.84 0.04 Allied Domecq 5.10 -0.04 Allied Zurich 8.42 0.08 Anglo American Gold 39 JO 0.40 ASOA Croup 2.08 0.08 Bank of Scotland 9.19 -0.09 Barclays 20.00 0.35 Bass 9.70
      2,204 words
    • Article, Illustration
      Lock icon HONGKONG
      1380 20 AFP HHangSeag -23L4 HONGKONG share prices fell 1.7 per cent yesterday as investors locked in profits from recent gains that have pushed the market to a 19-month high, dealers said. "The market went down mainly because of profit-tak-ing following recent gains," said Michael Ng, deputy managing director of Sassoon
      AFP  -  1,380 words
    • Article, Illustration
      Lock icon CHINA
      544 20 Reuters Shenzhen B Index -L 33 SHENZHEN'S hard currency B shares ended lower yesterday as disappointing corporate annual results eclipsed upbeat remarks by China's top market regulator. The B share index fell 1.33 points, or 2.4 per cent, to 54.27 on turnover of HK$l4.9 million, compared with HKSI4.S million
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  544 words
    • Article
      Lock icon TAIPEI
      335 20 AFP QWP Index -5152 TAIWAN share prices closed 0.7 per cent lower yesterday as investors began to lose hope of an economic rebound, analysts said. "Taiwan's economy in March signalled recession, which disappointed many investors," said Terry Liu, manager of KG Securities Investment Advisory. Taiwan's economy re- mained weak
      AFP  -  335 words
    • Article
      Lock icon TOKYO
      1611 20 AFP □Nikkei 225 -15.03 SHARE prices in Tokyo edged down 0.1 per cent yesterday as late profit-taking hit bluechips and eroded early gains, brokers said. The key Nikkei index declined 15.03 points to finish the session at 16,942.24. Trading was heavy with volume estimated at 677 million shares, compared
      AFP  -  1,611 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8777 21 INDUSTRIALS Consumer products 1999 Last Vol Day Nat Cap High Low Company Sale OOO High Lew P/t $mll 310 255 Ajinomoto 290 -10 2 290 290 16.0 117.5 83 46 Anqkasa 70 4 40 70 69 103.2 283 220 Apollo Food Hlq 244 -8 7 244 244 8.5 97.6 204
        8,777 words
      • Article, Illustration
        Lock icon Shares ease further on profit-taking
        414 21 AFP C 3 Composite Index -&39 MALAYSIA'S key share index ended 1.3 per cent lower yesterday due to profit-taking amid easier regional bourses, dealers said. "Locals were selling but the finance-related stocks were strongly supported by foreigners," an institutional dealer with a local brokerage said.
        AFP  -  414 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Chemical Ind wrt: patience needed
        177 22  -  WARRANT WATCH -By R Sivanithy CHEMICAL Industries is one of those companies you hardly ever hear about. As a result, its share and warrant are thinly traded, if not ignored altogether. Arguably, counters like this must sooner or later enjoy some rotational interest, so a
        177 words
      • Article
        Untitled
        2368 22 BONDS, LOANS WARRANTS wt 52-Wk Last Vol Day Last Quota Av« High Low Stno Company Salt «or- COOO) HlgK Low Buyar Seller Plica 23 3 s 3160 "Acor ******1 USS IL.Z. 19 -2 472 22 18.5 19 20 28 4.5 S 3164 Acma ******4 24 -0.5 1185 26 24 24
        2,368 words
      • Article
        CLOB INTERNATIONAL
        243 22 HONGKONG STOCKS Gr Gr 52-Wk Hit Vol On last OuoU Hi Hi n M M Cap High Low stop Company SaU OOP) High Lai Bwyar U—r H C'»r H P/t Sit* 345 173 5123 COL (2000) HK 315 Cd -15 2 315 315 280 320 8 2.4 2.5
        243 words
      • Article
        Lock icon WELLINGTON
        304 22 AFP □Wellington +7.24 NEW Zealand shares rose 0.3 per cent to stay at a 12-month high yesterday with Air New Zealand and pulp and paper stocks offsetting Telecom Corp's weakness. The NZSE-40 Capital Index ended up 7.24 points at 2278.31. Total turnover value was NZ$99.l million. AFP Apr 28
        AFP  -  304 words
      • Article, Illustration
        Lock icon BANGKOK
        892 22 AFP n SET Index -111 THAI shares slipped 0.5 per cent yesterday as investors skimmed profits after recent gains, dealers said. Analysts said the market traded higher in the morning but corrected after three sessions of solid gains, with sentiment fuelled by falls on major regional markets including Tokyo
        AFP  -  892 words
      • Article
        Lock icon SEOUL
        421 22 AFP CI Composite Index -195 SOUTH Korean share prices closed 0.5 per cent lower yesterday on profit-taking by retail investors, dealers said. The index opened sharply lower on profit-taking after steep gains over the past three days, and then recovered to the 800-point level in late morning trade, they
        AFP  -  421 words
      • Article
        Lock icon SYDNEY
        673 22 AFP n All Ordinaries -22.5 SHARE prices closed 0.7 per cent lower yesterday after inflation data appeared to dash hopes of a short-term interest rate cut, brokers said. The All Ordinaries Index fell 22.5 points to 3,122.7. The All Industrials Index shed 42.3 points to 5,541.3 while the All
        AFP  -  673 words
      • Article, Illustration
        Lock icon JAKARTA
        708 22 AFP Composite Index +1213 INDONESIAN shares surged 2.6 per cent yesterday on the back of foreign buying of large caps, dealers said. An institutional sales representative at a Singapore brokerage said the foreign buying indicated confidence in the economy and expectations for a smooth general election in June. "For
        AFP  -  708 words
      • Article
        Lock icon MANILA
        325 22 AFP Q Manila +39J4 PHILIPPINE share prices closed 1.6 per cent higher yesterday due to foreign buying. "The foreigners are slowly coming in now that they see that the currency situation is more stabilised in the region," a dealer said. The Composite Index added 39.14 points to 2,459.99. A
        AFP  -  325 words
      • Article
        STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
        7256 23 Transaction date Apr 28 Or 6c M wt 52-Wk Lilt Vol Day Last Quote Dtv ON VM Nat Cap Avg HHK Low StNo Company Sal* COOP) High Lew Buyer Sailor H C'vr Pft $mll Price MULTI-INDUSTRY 120 17.5 m B '000 AcmaSOc 98.5 cd
        7,256 words
      • Article
        SESDAQ
        1487 23 Or Of M Wt 52-WH Last Vai Day Last Ooota Olv M* YM Net Cap Avq High Low StNo Company Saia OOP) High Law 8»yr l**»r C'yr P/t $mti Prita MANUFACTURING 176 30 c 2049 AS Auto 10c 113 -4 1055 120 111 112 113 15 N 7 1.3
        1,487 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        417 24 Stocks Volume Lian Beng 5c 35,608,000 ST Engg 10c 21.143,000 Lim Kah Ngam 18,318,000 SingTel 15c 16,816,000 HK Land USIOc 15,261,000 Wing RCPS5.25 15,000,000 UXinlOc 14,989,000 Frt Links 20c 13,610,000 Wan Ann 20c 11.464,000 UK 11.402,000 Stocks J SingTel 15c 51.520.712 DBS Foreign 44.764,100 STEnoglOc 36,335,892 UOB Foreign 27,646,211 SPH
        417 words
      • Article, Illustration
        STI pierces 1,900 but pulls back on selling pressure
        623 24  -  STOCH MARKET COMMENTARY Creative falls $2 on worst than expected profit fall; consolidation seen until overhang from last week's massive volume is cleared By R Sivanithy MARKET players hoping that the Straits Times Index could close above 1,900 were given hope
        623 words
      • OH THE GRAPEVINE
        • Article
          An Allgreen parallel for Metro?
          140 24 ONE of the puzzles of the recent rally on the local market is why Metro's shares have been rising the way they have. Vague rumours about its property assets have been bandied about but nothing concrete has emerged, if you'll pardon the pun. Until now
          140 words
        • Article
          Insurers' Y2K exclusion clause
          136 24 THE Y2K bug may not be a real issue with cars, but insurers here are not taking any chances. In accordance with advice from the General Insurance Association of Singapore, several companies in warranty programmes with distributors here have penned in a Y2K exclusion clause. The
          136 words
        • Article
          Panic in this brief bull run
          101 24 YOU tease them if you're on the streets of Pamplona. You bank on them on the stock market. But you don't much care for them if you're a pensioner on a picnic. Six British pensioners were enjoying a day out yesterday, reported Reuters, when
          101 words
        • Article
          Giving it straight
          109 24 SINGAPORE companies striving for more transparency and corporate disclosures could take a lesson from Iridium LLC, the US telecoms company which has launched the world's first global satellite handphone and pager. In its first-quarter report in which it announced a net loss of US$5O5 million (*****.5 million),
          109 words
      • Article, Illustration
        HOT STOCK
        66 24  -  By V Wong Wei Kong LIM Kah Ngam closed up 10 cents at $0,675 with 18.3 million shares traded, compared with its 10-day traded average of 3.2 million units. The technical indicators such as the RSI, Stochastics and MACD charts show that the stock, now at a new
        66 words
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      45 13 BV LGA RI The Solotempo watch. Alio available with leather strap. From SS 1,900 Mi Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 735 6689 and: Dickson Watch Jewellery, The Promenade 732 8900 Centrepoint 734 5822 Suntec City Mall 336 4871
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      240 14 1 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF AUTOMATEO POWER DISTRIBUTION PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of AUTOMATED POWER DISTRIBUTION PTE LTD duly convened and held at 21 Kelantan Lane. Singapore *****0 on 19 April
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      135 15 This announcement appears as a matter of record only April 1999 LOGISTICS POHTIONG CHOON LOGISTICS LIMITED (Incorporated in the Republic of Singapore on 21 January 1969) Invitation in respect of 50,000,000 Ordinary Shares of $0.10 each comprising:(1) 12,000,000 Offer Shares at $0.19 for each Offer Share by way of public
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      818 15 I y| I A JILL J I I GOOD HOBBINB AGENCY AGENTS I rtf»ttf«i«-trr~T rmtfififvtti'ir- p-my I I CENTRAL I I #08-01 Tlong Bahru Plaza Tel 738 7738 1 BE* a I #05-04 Tampines Junction Tel 788 7788 I LOGISTICS I POH TIONG CHOON LOGISTICS LIMITED I (Incorporated in the
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      234 16 ALLGREEN PROPERTIES LIMITED (Incorporated in the Republic of Singapore on 16 May 1986) Invitation in respect of 250,000,000 New Shares of $0.50 each comprising:(1) 50,000,000 Offer Shares at $1.03 each by way of public offer; and (2) 200,000,000 Placement Shares by way of placement, comprising:(i) a minimum of 184,500,000 Placement
      234 words
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      360 17 A free cup of coffee and The Business Times will wake you up to the future. mm t wrQ n Let Citibank Help You Plan Your Retirement. When it comes to planning for the future, do you always wait for tomorrow? Well, your tomorrow is here.This weekend, come down to
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      1388 18 I Scotiabank I THE BANK OF NOVA SCOTIA Note: AJI figures quoted in Canadian dollars (millions). (Incorporated in Canada with Limited Liability) except per share omounis H CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME I I 1 For the financial year ended October 31 I ASS£TS 1998 1997 INTEREST INCOME
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      360 18 NEARLY NEW COMPLETE TOWNSHIP CONSTRUCTION PLANT MOBILE EQUIPMENT ANO FORMWORK FOR 5,000 UNIT PJk. HOUSING PROJECT By Instruction from Syndicate of Banks CRANES, CRAWLER, MOBILE ANO ROUGH TERRAIN 1997 Grove 65 Tonne Rough Terrain Crane Model RT 8658 New 1997 Ruston Bucyrus RB 65 Tonne Crawler Pin Jib Mobile Crane,
      360 words
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      109 20 NOTICE IS HEREBY GIVEN that I,TAN KIA SIEW, DAVID of Block 961, Hougang Ave 9 #13-578 Singapore *****1, have applied for a 2nd Class Beer House Licence in respect of M/s Underwater World Singapore Pte Ltd located at Lot 453, Mukim 34,Tanjong Beach Walk, Sentosa Singapore, and that this application
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      Page 20 Advertisements Column 2
      106 20 NOTICE IS HEREBY GIVEN that I, Chan Kern Ngee of 230G Tampines Street 21 #08-689 Singapore *****0, have applied for a Second Class Beer House Licence in respect of M/s Food Lovers Court Mgmt Pte Ltd located at #81-00 Straits Trading Building Singapore *****0, and that this application will be
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      Page 20 Advertisements Column 3
      149 20 LIVERLAND REALTY (S) PTE LTD (In Vol. Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act., (Cap. 50) that the Final General Meeting of the Members of the abovenamed Company will be held at the Office of M/s Wee Seng Tiong Co., 1 Coleman
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      Page 20 Advertisements Column 4
      14 20 Buy It. Sell It. Find It. Classified. CATS. 1800-737-1166 Call Today For Results Tomorrow.
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      27 21 Classified First. Want to get a laptop? Or simply get computer savvy? Log on to the best Check The Straits Times Classified First. tryT CATS. Buyk.Sak.FMh. C
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      103 22 NOTICE IS HEREBY GIVEN that I, LAI LAU KEI of Blk 5, Tanjong Pagar Plaza, *23-05 Singapore *****5, have applied for a Retail Liquor Shop Licence in respect of M/s Rise Harvest Pte Ltd located at 37,Teck Chye Terrace Singapore *****4, and that this application will be considered by the
      103 words
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      Page 22 Advertisements Column 2
      107 22 NOTICE IS HEREBY GIVEN that I,CHOO SIN HOW of Blk 638 Bedok Reservoir Road *1543 Singapore *****8, have applied for a Public House, Ist Class (extended) (tourist hotel) Licence in respect of M/s De Amazon Hotel Pte Ltd located at 41, Bencoolen Street Singapore *****3, and that this application will
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      Page 22 Advertisements Column 3
      107 22 NOTICE IS HEREBY GIVEN that I, HOE ENG HOON of Blk 61 *13-84 Marine Drive Singapore *****1, have applied for a Public House First Class Licence in respect of M/s Sparkle Pub located at 50 East Coast Road, Roxy Square Shopping Centre 01-135, Singapore *****9, and that this application will
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      Page 22 Advertisements Column 4
      104 22 NOTICE IS HEREBY GIVEN that I, LAI L\U KEI of Blk 5 Tanjong Pagar Plaza *23-05 Singapore *****5, have applied for a Wholesale Liquor Shop Licence in respect of iM/s Rise Harvest Pte Ltd located at 37, Teck Chye Terrace, Singapore *****4, and that this application will be considered by
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      77 23 We wish to inform that MR WAN SOH HAR WAN OF NRJC *****505/F has ceased to be the Managing Director of our companies with effect from 26th April 1999 and therefore, he is not authorized to represent, act, transact business or collect any monies on our behalf HBF SHOWROOM PTE
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      Page 23 Advertisements Column 2
      101 23 NOTICE IS HEREBY GIVEN that I, DINKY PURI of 11 Cavenagh Rd, Holiday Inn Parkview, Singapore *****6, have applied for a First Class Public House Licence in respect of M/s Emigre Restaurant located at The Cuppage #01-12,51 Cuppage Rd Singapore *****9, and that this application will be considered by the
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      Page 23 Advertisements Column 3
      111 23 NOTICE IS HEREBY GIVEN thai I, LOH CHOO HUAT of Blk 760 Choa Chu Kang North 5 *04-159 Singapore *****0, have applied for a Public House Ist Class (Extended) Licence in respect of M/s Bansan Pub Cafe Pte Ltd located at 20, Havelock Road *01-16/17 Central Square Singapore *****5, and
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      Page 23 Advertisements Column 4
      111 23 NOTICE IS HEREBY GIVEN that I, Neo Kim Heng of Blk 562, Choa Chu Kang Street 52 Singapore *****2, have applied for a Retail Liquor Shop in respect of M/s THE CASHEW SHOP located at Blk 105 Cashew Road #01 -02 Cashew Height Singapore *****5, and that this application will
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      788 24 What did your broker do for you today? Our clients get something new everyday. DBS investor Online. Cal! 438-1188 today 88 DBS BANK s Shangri-La hotel LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Eighth Annual General Meeting of Shangri-La Hotel Limited will
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      Page 24 Advertisements Column 2
      913 24 pH PRESSCRETE HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that an Annual General Meeting of Presscrete Holdings Ltd will be held at 31 Changi South Avenue 2, Singapore *****8 on 25 May 1999 at 12.00 noon for the following purposes:Routine
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      Page 24 Advertisements Column 3
      482 24 In the muter of The Companies Act. Cap SO And In the matter of STARIMAGE STATION (S) PTE LTD STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES We.KWEK SIEWTIN.of Blk 258 Lorong I Toa Payoh #22-12 Singapore *****8. NRIC No. *****588J and I
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      77 25 I \wl tk B 1 I i I HpHB J »11 1 BVa K*'m V A| KjJ Wpp I f|g I LJ J I yv| -31 I I HhariMMißi I r l I lit prinfw *itM ~WKF* C.'s~ s sH(^| "U*t v i\^Mm^ ,Jt« ay J u -s Vf»H#'' lgKaa«ii|f
      77 words
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  • Property Supplement 1999
    • Article, Illustration
      Lock icon Residential market on the mend
      1228 26  -  A buying frenzy was seen in the past few months, reminiscent of the pre-crisis times in 1996. om choom fah looks at the market's encouraging signs ONG CHOON FAH The writer is executive director, corporate real estate services, research consultancy, Edmund Tie Co ARE prices
      FILE PHOTOS  -  1,228 words
    • Article, Illustration
      Lock icon Pointers in taking a home loan
      1054 28  -  Interest rates that hanks charge and the personal services available are key factors, says clarissa tam CLARISSA TAN AMONG all the factors that seem to point towards a recovery of the property sector, the dramatic fall in mortgage rates must generate the most cheer.
      FILE PHOTO  -  1,054 words
    • Article, Illustration
      Lock icon Outlook for HDB resale market
      1032 30  -  1998 was a bumper year for resale flat transactions; albert poo examines the question of whether demand can be sustained this year ALBERT FOO The writer is the CEO of property consultants Nationwide Realty Singapore Pte Ltd. Mr Foo, who holds a BSc (Hons) in
      FILE PHOTOS  -  1,032 words
    • Article, Illustration
      Lock icon Challenges in the new millennium
      1204 32 Establishing a healthy and sustainable property market coming to grips with new financial instruments like REITs and an ageing population are some of the issues facing developers, according to this report by Redas THE watershed in Singapore's property market was marked by the government's policy
      Source: URA; Source: Department of Statistics; Source: Cushman & W; SourceL JLL Research  -  1,204 words
    • Article, Illustration
      Lock icon Recovery in the low-end market
      1595 33  -  The spurt in buying since October has been more intense in the suburban condo segment says ongteckhui ONG TECK HUI The writer is director, valuation, consultancy and research at Colliers Jardine LONG queues at show-flats in the midst of a recession? Such scenes at recent
      FILE PHOTO; Source: CJ Research/URA  -  1,595 words
    • Article, Illustration
      Property stocks regain lost ground
      676 34  -  Counters of major developers have soared since their low on Sept '98 but short-term volatility is seen, analysts told david boey DAVID BOEY JUST a few months ago, property stocks were treated like the market's orphans. Dumped by institutions, shunned by investors, battered by analysts'
      676 words
    • Article, Illustration
      Lock icon Competition spurs hotels' facelifts
      680 34  -  Even if returns don't match investment, hotel owners will still refurbish due to image factor: consultant By I Carol Eng SHANGRI-La Hotel's $95-million renovation, which cost as much as constructing a new building, was much in the news lately. But its massive investment is just a
      ARTHUR LEE  -  680 words
    • Article, Illustration
      Acquisitive mood returning
      1676 36  -  The new-found enthusiasm can be seen in all quarters, be they developers, investors or even individual buyers, says francis um FRANCIS LIM The writer is executive director, investment sales, of Knight Frank Pte Ltd WHILE the regional crisis saw property investors running for cover for much of
      1,676 words
    • Article, Illustration
      Lock icon Landing your dream home
      1048 37  -  With prices of landed properties falling over 40% since '97, S'poreans can aspire to landed housing, ho ttah lam outlines the plus factors TIAN LAM The writer is executive director (residential, auction and industrial) of bldmund Tie Co THE average couple shopping for a new home
      FILE PHOTOS  -  1,048 words
    • Article, Illustration
      Lock icon Rooting around?
      302 38 Buying a new home? BT brings you a comprehensive guide to the new projects coming on the market this year. Regent Grove KEY Non-landed developments Landed developments Launch/relaunch date MRT lines/stations •Qa North-east MRT line/stations under construction Note: The psf prices indicated are estimates, calculated in March 99,
      Research by: CB RICHARD ELLIS  -  302 words
    • Article, Illustration
      Lock icon Merging factory and office
      1131 40  -  Tech-parks with qualify finish and design fit the needs of hi-tech firms, says Nicholas womo NICHOLAS WONG The writer is director (business space) at Knight Frank Pte Ltd THE government's recently announced Industry 21 blueprint which is targeted at turning Singapore into a knowledge-based economy accentuates
      KNIGHT FRANK; ARTHUR LEE  -  1,131 words
    • Article, Illustration
      Lock icon Picking up bargains in industrial property
      718 41  -  Market sentiment may also improve this year, coming on the heels of drastic cuts in rents and hefty falls in prices in 1998, says DzarmsTEO DENNIS YEO The writer is director (industrial) of Colliers Jardine. WITH industrial property at about half their values from
      Source: Colliers Jardine Research; FILE PHOTO  -  718 words
    • Article
      Lock icon Some points to note for buyers
      219 41 Source: Colliers Jardine BUYING industrial property is a long-term commitment that usually demands a relatively large investment. Here are some pointers that one should consider before taking the plunge: Function meeting your business needs ♦Is the type of development, for example, terrace or flatted
      Source: Colliers Jardine  -  219 words
    • Article, Illustration
      Lock icon Keeping up with retail in the suburbs
      1305 43  -  Is the suburban mall a fool-proof success story? goh chai khim takes a close look at the industry GOH CHAI KHIM The writer is director, retail at Jones Lang LaSalle SUBURBAN malls, which made their appearance in 1992, have proven to be a
      Source: Jones Lang LaSalle Research  -  1,305 words
    • Article, Illustration
      M'sia developers change tack
      981 44  -  Targeting the local market means fewer pickings for foreign buyers, as diama oon ABDULLAH finds out DIANA OON ABDULLAH The writer is BT'sKL correspondent EMERGING from the worst of the economic storm of 1998, the property market in Malaysia could be described as down, but not
      981 words
    • Article
      Going overseas
      501 44  -  K'J Patrick Liew The writer is executive director, HSR International Realtors Pte Ltd Investing in overseas property is a capital-intensive exercise and requires a medium-term outlook. Careful planning is needed before even making the first move. The following guidelines can serve as useful considerations for making a good
      501 words
    • Article, Illustration
      Foreign tie-up saves developer
      913 45  -  Thailand's Sansiri group sets an example for others, says HftßiSH mehta HARISH MEHTA 77ie writer is BT's Bangkok correspondent THE man widely known as the king of hotels worldwide, Barry Sternlicht, is showing a keen interest in picking up real estate bargains in Bangkok. In the
      913 words
    • Article, Illustration
      Lock icon Fire-sales flop in Thailand
      498 45 THE much-trumpeted "firesale" of property in Thailand has flopped because owners and developers are not willing to sell cheap, a leading property consultant said. James Pitchon, executive director, CB Richard Ellis (Thailand), said: "Many foreign investors felt that they could pick up property assets at fire-sale
      Source: CB Richard Ellis  -  498 words
    • Article, Illustration
      Lock icon HK housing back on firm ground
      1120 47  -  Market mood is now optimistic with rate cuts and improved liquidity, and some even talk of a supply shortage from 2001, writes quakhiakg whai QUAE HIANG WHAI NOT unlike Singapore's lower-end home market, Hongkong's residential sector is beginning to find its feet. Recent activity,
      AFP  -  1,120 words
    • Article
      Calgary beckons investors
      346 47 EXCEPT for a few well-read souls, Singaporeans would probably not have heard of the Canadian province of Alberta. Fewer still would be able to pinpoint one of Alberta's cities, Calgary, on the map. But for the real estate sales folk at Walton Development, such lack of awareness
      346 words
    • Article, Illustration
      Lock icon Low rates boost UK market
      1257 48  -  A strong economy, bullish stockmarket and low inflation are paving the way to a property boom. Hut how long will this last asks hugh obbard HUGH OBBARD The writer is the managing director of Hugh Obbard Associates, specialists in residential property investment for private clients
      FILE PHOTO; Source: Datastream  -  1,257 words
    • Article, Illustration
      Getting the best from Melbourne
      1424 49  -  martin voceler lists some rules to help those looking to invest in Australian property MARTIN VOCKLER The writer is a manager at Central Equity Asia Pte Ltd ANYONE considering investing in Australian property over the past few years will have heard all the arguments in
      1,424 words
    • Article
      Sydney homes get an Olympic thrust
      341 49 PRIME Sydney house prices are currently still on an upturn that started some 24 months ago, in the lead-up to the Sydney Olympics in 2000. According to consultants BIS Shrapnel, the market upturn is expected to last until after the Olympics. By late 2000,
      341 words
    • Article, Illustration
      Lock icon Office market – down but not out
      1416 50  - Office market down but not out After a dismal '98, soon sulin sees rents bottoming out by 2000 and capital values improving as a result SOON SU LIN The writer is executive director (investment, consultancy and research) of CB Richard Ellis SINGAPORE'S office market went on a rather steep downhill
      Source: CB Richard Ellis Research; FILE PHOTO  -  1,416 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      731 26 IT MAKES MORE SENSE TO BUY THAN TO AM PIE PARKING LOTS RAISED VEHICULAR DECKS |BBMHHHHhMHM^| RENT WE'LL DO THE SUM FOR YOU. One indispensable feature for an effective factory is ENABLE VEHICLES TO GO ~>. It Is more cost-effective to buy a factory. So why waste lots. This will
      731 words
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      412 27 DBS LAND. YOU HAVE KNOWN US FOR OUR ASHLEY GREEN SOU(jI IT Winner Of 1997 CIDB Construction Excellence Award ASPEN HEIGHTS Prime Location For Living And Investment SIMSVILLE Beautiful Resort Homes MELROSE PARK Most Exquisite Residences *CASAFINA NOW EXPECT MORE HOLLAND GREEN PRIME LOCATIONS. Bungalows Of Unparalleled Luxury And Privacy
      412 words
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      131 28 Cove^' bH^BJI 224 freehold residences in Hunters Hill one of |«K fflHbl ■n jSe Sydney's most exclusive waterfront districts 15 minutes from restaurants and shopping malls A project of distinction by Marketing Agent «J Enquiries to: Mr Jerry Tan Lana KffNjHffafß Colliers Jardine (Singapore) Pte Ltd Keppel Land Development Pty
      131 words
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      Page 29 Advertisements Column 1
      135 29 Every Minutes, Someone in Singapore Buys, Sells or Rents through ERA' This translates to 17,832 ERA customers who have bought, sold or rented their homes through ERA in 1998. (Based on 44 working hours per week) And when it conies to Real Estate results, no one gives you more. To
      135 words
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      Page 30 Advertisements Column 1
      129 30 SIEMENS 'pi y^HB Built-in investments. Nothing makes a home more attractive -or more and avant-garde form. So Siemens appliances are not valuable than a designer kitchen complete with just great to look at, they're great to use too. Our range stylish built-in appliances. That's why building of built-in products includes
      129 words
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      Page 31 Advertisements Column 1
      71 31 I "b'' "OVOI JHII IViKVivßif'^rJ^r r J JAw W /AW /j p I k!l I 111 ii Iff J K j PH> 1*1" 11\" 9EE3> ■fIIfIHHHHHBIHv \l GAMBIER COURT ;;■•>■ M B g| .>- Developer's Sale: EASTWOOD [«j*ir«r« 1 a[•]ivviSViTTS./~t«i si ih^hb^^^hi Developer's Sale: 1 I Ownyj&Bk: /Aw P*M F
      71 words
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      26 32 .j "ai n today's market presenls onee- i n-a-1 ifet i me op port unities. We tan help vou identify the in }< ni Bht K, Irank
      26 words
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      Page 32 Advertisements Column 2
      72 32 A NEW WINDOW OF OPPORTUNITIES lIIiA\I)LI\K Spl ARE fp^ SimyTiii/j 7i~ Strategical!) located at fringe Surrounded h\ matured ■■■■I ■H tjW residential and commercial r. Ml g -i,hhourhoods 0.1). 14^15 Various si/es from 302 to S'4ii^v Ideal tor all retails services v l"liic|iiii U'n: 7357 <»i < in TO I
      72 words
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      Page 33 Advertisements Column 1
      35 33 Think long-term. Check out our housing loan rates today! J 1 For the latest OUB Housing Loan rates, visit any OUB branch or call OUB Phoneßanking at 1800-224 2000 today! OUB Housing Loan (f§|) but
      35 words
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      Page 34 Advertisements Column 1
      314 34 ■■p F FII •UP TO *90% FINANCING rnccn ULU NO restriction to foreigners INNOVATION PLACE AN INVESTMENT OF EVERLASTING VALUE SHBKIj M— g' -J Functional Features Facilities An Excellent Location JOHOU n Granite-clad lift lobby SteftOltt, BKE and KJE MUm premier development avcnuf j •Ample carparking at the fnr-Ti Heaw
      314 words
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      Page 34 Advertisements Column 2
      11 34 Affordable Call 734 0711 for enquiries Prime Warehouse cum Office facility
      11 words
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      246 35 iV ii 4- \->iW r >>■ «'p t ■'"mr -v.. I l Mr aMr?llfllr? f i? V it« 11 nil ill* ijiJ jgmm Traditional home financing may have cramped your style. jj|. j .p|»j 2 fi jj| Jf; fiff* r jjMilmr ]S W'- "[i "jp A Citibank Bridging Loan gives
      246 words
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      Page 36 Advertisements Column 1
      117 36 Wide Range JF liflNMi I iifllf T Lwlk Professional Advice Premium Grade *jW TTTI Jmf |||(11 I" 1 Computer-Aided Latest Designs JF I I 1 IIKi illfllll Design Proposals Value-tor-Money Um|)!|m||! Stock Availability 'anniversary! X" eDe vefY M 23fd Ap 23rd June 99 Glazed Wall ~Tl\& Jr+ Klinker Tiles Floor
      117 words
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      Page 36 Advertisements Column 2
      140 36 BMP* JMl* 48 Wr 4 tr^ tn filter system easily, without pond enlargement, building of m vv filters or demolition work. So don't hesitate, join our hundreds of satisfied customers who have converted to Unipet's Concealed Bio-Filter System today too! Instant Crystal Clear Water with no waiting period. la' Low
      140 words
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      Page 37 Advertisements Column 1
      192 37 WE BELIEVE WORK IS ITS OWN REWARD. RECOGNITION FOR IT IS A BONUS. SPRING GROVE CONDOMINIUM CENTRAL MALL The CIDB Awards for Construction Excellence 1998 (Residential) The CIDB Awards 1998 Certificate of Merit (Commercial) Our Spring Grove Condominium won its third prestigious award the Central Mall received a Certificate of
      192 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      85 40 t Need a home loan within 24 hours? f Call Keppel 222-8-222 The toughest part about owning a home. It getting started. That's why wa offar faaturaa that maka our Hattaint loan aa almple and affordable aa posalble. Our flrat and aeeond year ratee are fixed at 4% p.a. and
      85 words
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      Page 40 Advertisements Column 2
      161 40 f RBM. Allow yourself more choices, l \»l- MM more ideas, more colour options, ONE-STOP more designs and more freedom LARGEST v v in y° ur selection of quality *'f -dP SHOWftOOM! building materials. Come to RBM ,|E for Singapore's unbeatable range WITH i WIDEST marble, granite, homogenous tiles, ceramic
      161 words
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      Page 41 Advertisements Column 1
      212 41 PEBBLE BAY l^H|^ i 'k. |—-jrjlfr Your last chance to buy Singapore's most exclusive waterfront address wr ,*1 BEKff&^s" film £.j -t KoKIfIBHE Sal *^^HB i4S^iii' tfeBl BE >r iai i p,S Kl S* J! r ff^ e ]3^| £fld §1 I Most oflits are already tenanted, which provide immediate
      212 words
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      Page 42 Advertisements Column 1
      305 42 Your Partner Congratulations on a job well done. We are glad to have your team to market our development, Century Mansion. What has im P ressecl us most was the professionalism and creativity of your team. The strategy used and the persistency of your team has proven to us that
      305 words
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      138 43 |91 m•] J W-1 W T */«1 r] eSil I IL ■M m i jMh A. '—'I II K&. A 1 I i i M jPHF 1 P ■|«>. w& j OFFICIAL OPENING TOMORROW f THE TERRACE ">\ The opening of The Terrace highlights the successful V"Located at Shenton Way
      138 words
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      Page 44 Advertisements Column 1
      169 44 Only 64 units of 3-bedroon, Wo Restriction On Foreign Ownership apartments with 5 design types < O rtuvau Q- Close proximity to Orchard Road/ *—<««• c, E3J* c r, Jc- Scotts Road, Singapore s entertainment r c? shopping district c H HOT* Renowned schools institutions Q 4 o are only
      169 words
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      Page 44 Advertisements Column 2
      62 44 xst a Launching soon; 1 Hillwood Development Ptc ltd g\ g\ Jl S«>S Mounih.uun Ro.nl «<>S I Katony Shopping ciHrc Siny-ipon 4 3 7544 10n.., ..I 1.H1,1 I ~,|„.|,l I ,«.ll I »,M I I'M.,. \(K 4 M |~1 N I(| |>« ~1,1 •IV '"U \|>|»..».l N.I IM SS.i SS•I
      62 words
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      Page 45 Advertisements Column 1
      43 45 "JT jJ* v m 704/1711 Pv*ht OUUt fttllitUt *t QMSX Prime location at a highly affordable rent otOf Litl(JUlt*l€S A first-class facility for fashion lifestyle industry Z^" Q)tnprehensive amenities: shuttle bus, fixxlcourt, ample car parking....etc B7!^nßV|R| Total concept with adjacent storage facilities BAL.mmh»wl
      43 words
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      Page 45 Advertisements Column 2
      90 45 Melbourne's Leading Developer Condo Apartments from AM69.000 FREEHOLD INVESTMENT (1 bedroom) OPPORTUNITY Untj So d Qut Choice Off: 2 bed from A 5239,000 mw, o 3 bed/2 bathrms from A 5279,000 Prices include security carparking. tip' Air-con/reverse-cycle heating in 2 3 Resort-style facilities include: 25m indoor pool, tennis court, fitted
      90 words
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      Page 46 Advertisements Column 1
      277 46 i H t I I 'Sf B m m ny 1 I I t /.?^l;l%y^^S BUILT MIMES STANDARD FACTORIES E9 Jstisiur laid Arao: From 395 son-560 sqm (approx) Land Arao: 2,294 «p (approx) land Area: 3,851 son (approx) Land Areo: 4,977 son (approx) Grass floor Aw: From 959 sro-l/l 2
      277 words
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      Page 47 Advertisements Column 1
      198 47 f/ H/g/j VV/f/i Tai/ored Deciding how to make your hard-earned money grow is not an easy task. At National Australia Bank Asia, our Client Relationship Managers will tailor financial solutions to meet your immediate and future Looking to purchase a property? If you're planning Y to purchase a property in
      198 words
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      Page 47 Advertisements Column 2
      236 47 f3 |^r#om Free Homes Investment Draw ■■■BiMSfIAiHftHtfHHH Showflat Open Daily Including Sundays Public Holidays No Restriction to Foreigners Time 9:OOam-6:OOpm ol car*e^ Q> YEW TEEMRT <f/ f° y ifw V% 1 C /5f C ml Cjfci "°A CHUII KANG NORTH 6 Of x f {MRS»J f I Q°w* Co-Mr, >
      236 words
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      Page 48 Advertisements Column 1
      227 48 CHURCHILL HEIGHTS Land of rising real estate opportunities. Only C 5162.31 per month. V. w? n c" r v V m I _V 1 K: < V: U i .jf Our "$-for-$ Buy Back Guarantee" ensures a no risk land investment •J*:>{%-•*% SMHMI 'V mhfti B s -'W*»««Wp T rr-TT
      227 words
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      Page 49 Advertisements Column 1
      87 49 5% P.A. FIXED INTEREST if FOR SECOND YEAR. I 3 K' J ■HHB: ■■■■■■111 m ■i v^l Instalments based m >* ON AMOUNT DISBURSED. B I No RESTRICTION ON B CPF USAGE FOR MONTHLY REPAYMENT. 0.25% DISCOUNT OFF RENOVATION LOAN RATE. THE ADVANTAGES OF A U O B Home loan
      87 words
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      130 50 di ;M\x v -p ik> mm > v •tt wQf c y or xi«& HE r 5 y r•' > #-A "V. A v A 0/ ii v \<N 8 Where ideas are inspired to grow fusing visional y ai chitectu, e. meditative landscapes, thoughtful amenities and attentive service, we
      130 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Overcapacity in Asian ports unlikely to improve
      505 51  -  While capacity in S-E Asia is forecast at 40m TEUs by end-1999, demand is only expected at 30m By\ Marcus Hand [SINGAPORE] Regional ports are unlikely to see an improvement in their berth utilisation in the near future despite a general pick-up in
      AFP; Source: Ocean Shipping Consultants  -  505 words
    • Article
      Lock icon FREIGHT MARKET
      288 51 Bridge News Reuters OWNERS with Atlantic Panamaxes continued to hike rates. Reports of a sharply higher period fixture gave an additional boost in late trade. There were signs of some improvement for Atlantic capesizes with some of the smaller units booked for grain. Panamax owners saw period rates
      Bridge News; Reuters  -  288 words
    • Article
      MARITIME STOCKS
      266 51 ■sHBBHi CWT Attribution 0 M -0.02 408 ChuanHup 0.91 -0.04 671 Coaco Invostmont 1.00 -0.07 803 FrotgM Uniu 0-27 -0.02 ***** 08 HoMfAgs— 0.61 0.04 2232 Hoi Sun Hup 0.63 -0.02 1041 IMC HoMings-HK —5.60 unch 0 Jaya Holdings 0 .08 -004 1246 Shipyard 7 JO -020 296
      266 words
    • Article, Illustration
      Lock icon Daewoo shipbuilders to return to work today
      173 51 Reuters [SEOUL] Shipbuilders at South Korea's Daewoo Heavy Industries Co have agreed to return to work today, ending a strike over a plan to sell off the shipbuilding division. A Daewoo Heavy spokesman said yesterday unionised workers had decided to call off the
      Reuters; FILE PHOTO  -  173 words
    • Article
      Lock icon Strike halts Chittagong port operations
      140 51 Reuters [CHITTAGONG, Bangladesh] Delivery of goods to and from the Chittagong port were blocked yesterday as the opposition Jamaat-e-Islami party enforced an eight-hour strike. Seventy ships, including 14 carrying food grains, were at the port yesterday, said Mohsin Sarkar, traffic director of the port. Business
      Reuters  -  140 words
    • Article, Illustration
      Caught by the shipping bug
      578 51  -  SHIPSHAPE By\ Felix Chan PTVE years after United Arab Shipping Co (UASC) picked him as its chief trade and operations executive Jorn Hinge modestly says he still doesn't know why the line had called him. "I can't think why they picked me," he said, disguising
      578 words
    • Article, Illustration
      MPA launches first publication on Singapore port
      190 51 [SINGAPORE] The Maritime Port Authority of Singapore (MPA) launched the first-ever magazine on the Singapore Port yesterday. The new magazine, "Port of Singapore the Maritime Hub" will be published three times yearly. MPA said the magazine aims to provide a continuous flow of
      190 words
    • Article, Illustration
      Lock icon New deal with union looms
      845 52  -  BOEING COMPANY US aerospace giant faces tough round of contract talks with its biggest union, which has struck twice in 10 years By. Martin Wolk Reuters in Seattle JUST as Boeing Company is showing signs of recovery from a year of costly production problems and
      Reuters; FILE PHOTO  -  845 words
    • Article
      SHIPPING SCHEDULES INDEX
      218 52 PAGE ECL 5 ACL 6 6 ANL 3 tongSun 8 Accord 8 Appenship 5 Gemartrans 6 Austral 8 Hangli 7 Balaji Shpq 4 Hanjin 3 BSA 7 Heung-A 4 B'tang Mas 8 Hyundai 7 CCNI 7 ICFS 3 CMA 8 Interasia 7 COSCO 5 Intertransport 5 CSAV
      218 words
    • Article
      SHIPPING GUIDE
      17880 59 ThebusinessTimes EXPORT ETA ETA Advertiser Vessel Voyaqe Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest n Name Name Number Number SIN Dest n Name Name Number Number 19/05 H/06 Norsul NATO 0»S 45 37*4033 To ABIDJAN (ABJ) 2003 Cote D'I voire K>/05 W/06 Evergreen E. GOVERN 0285-07
      17,880 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        808 63 Vessel Voy No Berth Arrival Departure Aru Pradesh 81H J06 alongside 29.04/0600 Blissful R 2 9906 J02 alongside 29 04/0600 81 Ber S m 0)0499 J01 alongside 2S.04/1930 Bt Can Indra *****9 JO) alongside 28 04/2015 Bt Mustika *****9 J01 alongside 28.04/2300 Bt P Indah APR28 J01 alongside
        808 words
      • Article
        CONTAINER SCHEDULES
        1865 63 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Balonce Rstis Ship Voy No Etb/Btr Period From To From Acx LDy 0168 30/0700 M 28/800 28/859 a/800 II 28/1500 28/1659 28/800 m 2«/m» a/0900 21 21/1700 a/0659 29/0900 J 29/0700 29/189 29/MOO 4 29/1200 29/M59 29A700 2 8449* OVOOOO
        1,865 words
      • Article
        GLOBAL HOLIDAYS
        179 63 Apr 29 Japan: Greenery Day. Apr 30 Denmark: General Prayer Day. Finland: May Day Eve. Mayl Greece: Labour Day. Germany: Labour Day. Austria: Labour Day. Belgium: Labour Day. China: Labour Day. Finland: May Day. France: Labour Day. May 8 France: Victoria Day. May 13 Indonesia: Ascension Day. Germany:
        179 words
      • Article
        COCKETT BUNKER MARKET REPORT
        782 63 THIS report, compiled by Cockett Ma rlne Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and
        782 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        545 63 CarfeM A»r 22 Density Water »esldue Atti Atmitlwtuiw Sediment «H/M tDH MAT! V/V M/M »M/M WW —tlx* ISO/CiflMC Limits Spet E25 991 LO 15.0 0.10 80* 0.W Spec G35 991 1.0 18.0 0.15 80* 0.K)* Northern Europe 180 Ave 982 5 0.1 12.8 0.04 26 0.02
        545 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Manila may up stake to prevent PAL's collapse
        507 64 State institutions may be asked to take np USs2oom capital increase demanded by airline's creditors AFP, Bloomberg [MANILA] The Philippine government, backtracking on earlier promises not to bail out Philippine Airlines Inc, may invest more money to keep the debt-strapped flag carrier
        AFP,; Bloomberg; FILE PHOTO  -  507 words
      • Article
        Lock icon Int'l air express industry growth to outstrip global GDP: report
        232 64 Reuters [LONDON] International express distribution is set to become one of the growth industries of the future, outstripping global GDP growth, a report published by UK-based Cranfield School of Management said on Monday. The Cranfield report backs up current estimates
        Reuters  -  232 words
      • Article, Illustration
        Lock icon A design on cars
        87 64 [MELBOURNE] Caitlin Tray nor, 18, ofAvenel near Melbourne checking the lines ofa clay model car during class at Melbourne's Royal Institute of Technology (RMIT) on Monday. Ms Traynor is in the first of a two-year course which claims to be the world's first vocational education and
        REUTERS  -  87 words
      • Article
        Lock icon JAL to match Skymark's fare increase
        429 64 Bloomberg [TOKYO] Japan Airlines Co said it will match the fare increase announced two days ago by a discount carrier on Japan's most lucrative route, a temporary reprieve from the fare cutting that has kept Asia's largest airline mired in the red. Skymark Airlines
        Bloomberg  -  429 words
      • Article
        Lock icon Korean Air crew had manoevring problem: probe
        229 64 Inquiry found no evidence of explosion, criminal intent or engine failure AFP [BEIJING] Chinese, South Korean and US investigators probing the crash of a Korean Air cargo jet near Shanghai last week said on Tuesday the crew had problem in manoeuvring the vessel,
        AFP  -  229 words
      • LOG Book
        • Article
          Lock icon India agrees to Europe-Asia rail link
          77 64 Bridge News [NEW DELHI] Indian Railways has agreed "in principle" to participate in the railway link between Europe and Asia which would run via Iran, Myanmar, Thailand, Pakistan and India, an official release said. Specific project proposals for the so-called Trans Asian Railway project
          Bridge News  -  77 words
        • Article
          Lock icon China building coastal rail
          104 64 AFX-Asia [HONGKONG) China is building a railway along its eastern coastline at a cost of approximately 30 billion yuan (Ss6 billion), Xinhua reported. The railway will cross the six provinces of Heilongjiang, Jilin, Liaoning, Shandong, Jiangsu and Zhejiang, linking three major economic regions: the north-east, the
          AFX-Asia  -  104 words
        • Article
          Lock icon US Airways in deal with trainers
          100 64 Bloomberg [ARLINGTON] US Airways Group Inc, the sixth-largest US airline, reached a tentative labour contract with its flight-crew instructors union, resolving talks that began in 1997. The 123 instructors, who are represented by the Transport Workers Union, are likely to vote this week on
          Bloomberg  -  100 words
      • Article
        Lock icon CPA signs cooperation deal with SAA
        216 64 Airlines to explore code sharing or joint operation of some services Bloomberg [HONGKONG] Cathay Pacific Airways, Hongkong's only long-haul airline, said it signed a memorandum of understanding with South African Airways on possible future cooperation between the two carriers. The two airlines promised to
        Bloomberg  -  216 words
      • Article
        Lock icon Sabena seeking to end City Bird deal
        319 64 Reuters [BRUSSELS] Belgian no-frills airline City Bird SA said on Tuesday that fellow Belgian carrier Sabena was seeking to terminate agreements between the two companies and 350 million Belgian francs (5515.7 million) in damages for breach of contract. City Bird, a subsidiary of
        Reuters  -  319 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1910 64 CITY fUGHT tTA FUCHT ETD LHT7I 1605 S026 2355 AMaMo 1*7361 (130 8A7382 2055 ««7i »MS W779 2359 Of81 1930 0f82 2055 M2007 1605 N***** 2359 **8229 2230 **7306 1815 S***** 2359 IH6380 2230 W MB ***** 2230 H—to ***** 1X5 $0990 0105 Aasttrda* KL837 1455
        1,910 words
  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      15 51 New deal with onion looms Boeing faces tough talks with its biggest union. Page 2
      15 words
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      Page 51 Advertisements Column 2
      183 51 Manila may op PAL stake Govt may take up USs2oom capital increase demanded by airline's creditors. Back Page TheßusinessTimes SffIPPiNG Times Keeping ahead of your competition To keep ahead in today's uncertain fast changing economic landscape, you need to be well informed. And you also need to reach out to
      183 words
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      Page 52 Advertisements Column 1
      227 52 Keep in Touch www.nykline.com B|Kpr When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information BPHRMHB ScriscJuJas Shiprrsnc Summary f?i J V 1 L—_> jpiii w* \k\M miinnn imi I 111 iiiiiiiii mm
      227 words
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      Page 52 Advertisements Column 2
      885 52 Unes services represented bOH-I Memt>ers 01 o( Acc,edrted Shipping Agents. \t'»'y Singapore SNppmg Association Members of the H g *1 Singapore Fretght Forwarders OAW Association SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES J|L p—SINGAPORE to BATAM, BIHTAN, KARIMUN i Y SINGAPORE to BANGKA ISLAND j|i SINGAPORE to CILEGON SAMARINOA/BAUKPAPAN/BANJARMASIN TO
      885 words
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  • Page 53 Advertisements
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      Page 53 Advertisements Column 1
      1183 53 SAX SERVICE (DIRECT) ttssa VDY SJNFTA LAX OAK Ml HOU CHI 001 MBA |AH NYC APITOUKMAUNE 02SE 05/05 20/05 25/05 25/05 26/05 25/05 26/05 26/05 27/05 27/05 Ollt 12/05 27/05 01/06 01/06 01/06 01/06 02/06 02/06 03/06 03/06 API GAKNET 011E 19/05 03/06 0»/06 06/06 06/06 08/06 09/06 09/06 10/06
      1,183 words
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      Page 53 Advertisements Column 2
      2012 53 ©HANJIN SHIPPING iikFl i MiE*tr*L«« -S*l *****30 HANJIN SHIPPING (S) PTE LTD hrtp honp aw WOKINC *****35 737 SAIfS *****74 731 OOCUM£NT *****71 774 OrtUTKMft *****50 751 MAJN UME *****55 FU 777*« ffl MV lISWHIOOOM TO NW USA CANADA USA fftHfllTrt* rot vsi/voy I IAM SIN unehah/voy sea iiw den
      2,012 words
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      Page 53 Advertisements Column 3
      462 53 FULLY COWTAINHHIP PIPICATIP «lIVHIS VBSfl VOT_ _S«_ PIG VOT SIR H>6 ffl DSN PUS KMTC PROVIDES MT( KEEIUNfc H6S 2S/04 77/04 1061 21/04 02/0$ 04/0$ 07/0$ 01/0$ HTUNOAISPBHTH 073S 30/04 07/0$ 00/0$ 11/0$ 17/0$ DC/*!!! AD DDBAVRIII V m»(honwong m 02/0$ 04/0$ mi 05/0$ 00/0$ 11/0$ 13/0$ 14/0$ iIEWWI-Mil DnLAIVDULIV
      462 words
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      Page 54 Advertisements Column 1
      1703 54 DSR-SENATOR UNES TO UK/CONTINENT TO MEDITERRANEAN/CANADA ttSSR VOT SIM LtW HTM AMR HAW IHV FU VtSStL VOT SIM GfT SPt FOS VIC MTW TRAM SILENC WQ92O 3104 22 85 23 05 20 06 21 OS 23 05 SHANGHAI SEkATOfI WIM2O 20 04 1(05 II OS 21K 2215 tl HAJtMN MALTA
      1,703 words
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      Page 54 Advertisements Column 2
      814 54 AJkfl MAC-NELS S'PdRE M'SIA Carrier MN COWIh LINES, INC p. guoang: (0t)*****26 M\y VzJ 1,05 **********06 SJBU: (084) *****9 MANILA (632) *****24 61)*****3 samsss CALCUTTA MADRAS MV "HEIMAR J" V.Ol 4N MV "KOTA MULIA" V.MULIBS ETA SIN: 2-5-99 ETA SIN: 1-5-99 «IH SHANGHAI MV "INTRA BHUM" V.107E Mv "ELBE" V.552E
      814 words
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      Page 54 Advertisements Column 3
      507 54 LINE TUt M ***** FAX: *****1 a MUARA LABUAN VBSa VOT ETD (U VBSB VOT {TO ETA SPOHMUAJU SPOki UN J WOSfa Vo*/W 01/05 04/05 J PtOSIW VOOt/W 01 /OS 05/05 (AAAKA JM332 VIOE/ff 07/05 10/05 CAIAKA JN332 VIOI/99 07/05 11/05 JPTOSPB VIOI/W 11/05 14/05 J«OSPB VIOI/W 11/05 15/05 CAHAKAJN332
      507 words
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      Page 55 Advertisements Column 1
      1626 55 [VESSEL voy khh hkg sin pqb dxb dmm shj ba bik IRAN BAABAEI PJLI34S 30/04 03/05 12/05 13/05 14/05 16/05 18/05 IRAN TAKHTI PJLI346 07/05 10/05 19/05 20/05 21/05 23/05 25/05 IRAN TABATABAEI 5-103 12/05 14/05 18/05 27/05 28/05 29/05 30/05 01/06 IRAN LORESTAN 5-102 19/05 21/05 25/05 03/06 04/06
      1,626 words
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      Page 55 Advertisements Column 2
      2385 55 Sailing to Mm Hod«idah, 1 Djibouti (Via Dubai) J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFKE: COSTAR SHIPPING PTE LTD #17-08DISIIDG SALES/BKGS *****57/60 INWARD DEPT (D/oj *****8S COSTAR AGENCIES (M) SDN BHD CRNO: **********0 M TOWER TWO (Q6BBQ9)__(ONVENTjONAI *****50/55 T/SHPMT
      2,385 words
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      Page 56 Advertisements Column 1
      1407 56 EUROPEAIK/SCANDINAVIA/FINLANDjBUSSIA fSGP] ROM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PHI I SGP I E DYNAMIC RW-004 02/0S 24/05 26/05 22/05 24/05 25/05 26/05 E RENOWN RE-033 08/04 10/04 04/04 11/04 13/04 03/05 04,05 E. DEVOTE RW 006 06/05 27/05 02/06 29/05 31/05 01/06 82/06 E RIGHT
      1,407 words
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      Page 56 Advertisements Column 2
      962 56 AI~H ADVANCE CONTAINER LINES (PTE) LTD *****21, FAX *****19 TELEX RS ***** ACLPL TOW BOOKINGS PL£AS£ CALL: *****22 SALES A MARKETING *****21-28 OPERATIONS *****60 *****06 CR NO **********0E BANCK.OK JAKARTA (7 S*4li«t»/Waa*} VOY §5? VESSEL VOY UN jjcf YANHiABHUM (RAT) 288N 29/4 TKj 2/4 Sun KOIA MAH HfTfl I MJUI47
      962 words
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      Page 56 Advertisements Column 3
      625 56 NANTAI LINE FUUY CONTAINERISED SERVKE TO MAURITIUS SOUTH AFRICA VESSEL VOY I SIN I PUJ I DW I JWI 1 err I »q WAWTAi DRAGON VOI3S 06/05 15/05 19/05 22/05 23/05 taWTAI VtWUS V.034S H/05 26/05 30/05 02/ M 03/Qt Qt/D* GOLDEN DRAGON YOI2S 28/05 05/06 09/06 12/06 13/06 NAMTAIQUEEW
      625 words
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      Page 57 Advertisements Column 1
      473 57 i BSA i, mm MYANMA pBBk FIVE STAR LINE (Myanmar National Line) loading for Yangon (Rangoon) VESSEL VOY SIN PKL PEN PGU I AGO VIO9W .SID PATHEIN VIS7W 02/05 MALAYSIA AGENTS: BOUSTIAD SHIPPING AGBKKS KUL m (03)*****00 PKL HI (03)*****01 Ht TU (04) *****02 PGU: Til (07)*****21/4 BANK LINE (A
      473 words
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      Page 57 Advertisements Column 2
      1303 57 HMk HYUNDAI MERCHANT MARINE CO., LTD. IVESSEL VOY ISM I SOU UN RTM ANT HAM BRV KL jVtSSa VOYI SOU I 1« I RTM 1 ANT I HAB I BRV I 15~ J* API AURANDME 308W 30/04 17/05 22/05 19/05 20/05 NOl AMAZONm 021E 05/04 10/04 07/04 01/04 29/04 MAAS
      1,303 words
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      Page 57 Advertisements Column 3
      1133 57 Wk 1 ipecakzed ookxamen Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE* |VESSEI VQY RAMP HEIGHT SIN LAX CRi MIA SAV BAL ORF NYC WW MO« TAPIOU F9lO 400 Tons 6.3 M 10/05 10/06" 19/06 ~22/06~ 24/06 26/0* 27/06 29/06 03/07 06/07 ItTA, f,M 400 2# s M/
      1,133 words
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  • Page 58 Advertisements
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      Page 58 Advertisements Column 1
      1990 58 INDONESIA NATIONAL LINE TO AUSTRALIA "HT~ FULL COWTAINER SERVICE y. Iwrl rufi ai I hb I tTire m. mx twivarr m. w/woi/os n/w u/is iy/«s 23/95 /tfIBBUU) lIS Ot/OSM/Oi 14/0S 71/05 M/OS 77/ M 3C/OS HASUGAI m. n/wl4/95 M/Oi a/05 31/0 Sot/0* -ot/0* rtoiBMSMW lie In/OSn/Qilio/Ml |»«/o*l»;/»t| u/ot|i3/ot| FEEDER SERVICE
      1,990 words
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  • Page 59 Advertisements
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      Page 59 Advertisements Column 1
      35 59 New Advertisers/Services/Agencies □Cisco SHIPPING LINE LIBYA BENGHAZI TRIPOLI See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEW GUINEA PACIFIC LINE Our Schedules Are On PG 5 H SWIRE SHIPPING AGENCIES PTE. LTD.
      35 words
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      Page 59 Advertisements Column 2
      20 59 ORIENT PACIFIC CONTAINER LINE Look Up Our Schedules On PG 4 NEWSHIP AGENCIES CHECK OUT THIS SPACE FOR NEW ADVERTISERS
      20 words
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  • Page 61 Advertisements
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      Page 61 Advertisements Column 1
      47 61 STEfTtDial74o-6000 Oil G€!TI3nG (Retrieve more schedules!) Press "1" JCV Select the port and key in STmCj the four digit code >Jh# eg: To New York (NYC) 2275 Key in your fax number your phone number Another innovative service offered by The document Will be Shipping times JLJ
      47 words
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  • Page 63 Miscellaneous
    • Miscellaneous
      Page 63 Miscellaneous Column 1
      134 63 —17^(0> M rTTT— LEGEND R Thunderstorm Temperature o c X\ A Shower Weather Wind direction with speed in knots Rom Cloudy Sky Wov h "9 ht Surface winds ore indicated by arrows which My with the wind One full circle represents calm or light and variable wmds 1 One holf
      134 words
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