The Business Times, 13 May 1999

Microfilm: NL21496
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA 'Q 85« SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, MAY 13, 1999
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  • Article
    MARKET SUMMARY
    68 1 □SB IMUtt (+0.14) mm mm U 777J8 (+0.79) Dsswsr 8 CI HABKET MOODs ÜBni STOCK HABKET INDICES Wednesday Change KLSE COUP 723.98 +0J# NIKKEI 1 (£47.36 +204.18 HANG SENG 13,***** 138.60 SET INDEX 486*6 -&67 JAKARTA COUP 571W +3J27 MANILA COMP _X579i2 +41J4 TAIPEI WPl 7,*****1 -*.84 SEOUL
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  • Article
    FINANCE
    80 1 FOBEX KATES us$ ss U8S 1799 £(USJ/S$ per 1.621 17K EUBO(USS/SS per E) 1.068 1-815 DM LSI 1929 YEN 129.9 1.496 RM 1890 9.447 HKS 7.7S2 9.219 BAHT 98.76 0.046 Rl'PlAH 7371 0.922 •stt»muuo PUKE BATES SINGAPORE* 6.825 KUALA LUMPUR UJ6 JAKARTA 28.00 BANGKOK 14.75 MANILA .22.90 HONGKONG 10.26
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  • Article
    Clob offer fails to meet norms, independent lawyers say
    1311 1  -  CDP requests Allen Gledhill to give independent legal opinion By< Conrad Raj [SINGAPORE] An independent legal opinion on Effective Capital's cash offer for Malaysian Clob securities has concluded that its offer document does not meet normal Singapore or international standards. This
    1,311 words
  • Article, Illustration
    Lock icon Wall Street money man makes way for the intellectual
    562 1 Summers has views that the market may not share Bloomberg [WASHINGTON] Larry Summers and Robert Rubin may be a team, but they are not interchangeable. Mr Summers, the intellectual, the boy wonder, widely respected in academic circles, nephew to two Nobel
    Bloomberg; FILE PHOTO  -  562 words
  • Article, Illustration
    Lock icon Dow falls, then steadies, after Rubin quits
    1213 1  -  Summers to succeed, markets expect do changes in policies From Leon Hadar, Andrew Marks WALL Street showed initial signs of nervousness last night after US Treasury Secretary Robert Rubin resigned effective July 4 to be replaced by his deputy Lawrence Summers. Mr Summers,
    FILE PHOTO  -  1,213 words
  • Article
    Agreement was only to verify Clob accounts: KL official
    238 1  -  From Eddie Toh in Kuala Lumpur A MALAYSIAN official has claimed that the agreement last September between subsidiaries of the Kuala Lumpur and Singapore stock exchanges was merely to verify the 172,000 Clob accounts. "There was a full immobilisation exercise to
    238 words
  • Article
    Market buzz has Movenpick or AFP buying Delifrance
    291 1  -  But parent SembCorp still silent on progress of sale Rahita Elias [SINGAPORE] Two names have emerged in the market as the possible buyer for cafe chain Delifrance Asia Swiss-based hotel and restaurant operator Movenpick and locally-listed Asia Food and Properties (AFP). However,
    291 words
  • Article
    Late BT yesterday
    23 1 The printing of yesterday's BT was disrupted by a pressline failure. We apologise to subscribers who received their copies late.
    23 words
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      Page 1 Advertisements Column 1
      138 1 PfSTOE Interest in Freight Links Express Holdings shares and warrants could fizzle out now that its shareholders have approved a 2-year extension for its near-dated warrant, say brokers, Pf 13 OOC fa favour apfa Stock investors are felling in love with OCBC Bank all over again, Pf 14 Indonesia's benchmark
      138 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      JP Morgan launches $200m Sing$ bond issue
      325 2  -  Issue split into five-year and 10-year tranches of $100meach Reports by* Clarissa Tan JP Morgan Co yesterday launched a $200 million Sin-gapore-dollar bond issue the first foreign bank to issue a public bond in Singapore's domestic capital markets. The issue is also JP
      325 words
    • Article
      HDB bond offer 2.05 times subscribed
      152 2 HDB's second public offer of bonds a retail portion of $10 million in principal amount of bonds has been 2.05 times subscribed. There were 956 valid applications and a total of $20.5 million in application money was received, said the Housing Development Board. The
      152 words
    • Article, Illustration
      Lock icon Liang Court sold to fund future acquisitions: Wuthelam chief
      484 2  -  Regional crisis opens up opportunities in paint and electronics By i Catherine Ong KEEPING Liang Court Holdings within the Wuthelam group would require a "phenomenal amount of capital" which could be better used to tap opportunities in its paint and electronics
      FILE PHOTO  -  484 words
    • Article
      Knowledge sharing in civil service moderate: survey
      233 2  -  By. Audrey Tan SENIOR managers in the civil service feel that their organisations are only moderately effective in sharing knowledge, a survey by strategy consultancy Monitor Company has found. The consultancy found that among 75 civil servants and senior managers of gov-ernment-linked companies
      233 words
    • Article
      Lock icon Wallace told to pay US$25m to Merrill, counsel quits
      464 2 The Straits Times THE High Court yesterday ordered former Merrill Lynch International Bank employee Kevin Wallace to repay the investment bank more than US$25 million (5542.5 million) after a twoday hearing of a suit against him. The case ended abruptly after
      The Straits Times  -  464 words
    • Article, Illustration
      Lock icon US electronics orders up 13.6%
      300 2  -  E7E ON THE ECONOMY Electronics By, Jennifer Lien US manufacturers ordered 13.6 per cent more electronic components in March year-on-year, the seventh consecutive month of growth. This compares with revised growth of 11.3 per cent in February, and 19.1 per cent in January. The preliminary
      Source: US Commerce Dept  -  300 words
    • Article
      Financial printer Bowne opens composing centre here
      297 2  -  By x Tan May Ping BOWNE International, a leading financial printer and provider of information management solutions, officially opened its first composing centre in the Asia-Pacific here yesterday. The state-of-the art centre, its tenth in the world, aims to tap the growing needs
      297 words
    • Article
      SM Lee on Deng, Anwar, Suharto and Mahathir
      219 2 IN an interview with Asiaweek this week, Senior Minister Lee Kuan Yew gives his views on China's late paramount leader Deng Xiaoping, former Indonesian president Suharto, Malaysian Prime Minister Mahathir Mohamad and his former deputy Anwar Ibrahim. Below are excerpts of the
      219 words
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  • CLOB: MAILBAG
    • Article
      Professionals out there, please lead Clob battle: retiree
      245 3  -  Tan Nyah Nyah (Mdm) Singapore I AM a retiree, and I hold quite a bit of Clob shares. Some of these shares were bought long before Clob came into being some were bought when there was only one stock exchange for Singapore
      245 words
    • Article
      Asia rebound lifted KLSE, not Clob halt
      152 3  -  Eric Ang Teck Sin via Internet Singapore I REFER to the article "KLSE rally due to trading halt on Clob" (BT, May 11) on Hardev Kaur's commentary in the New Straits Times. As far as I know, this rally has taken place not
      152 words
    • Article
      Clob investors don't need more absurd proposals
      176 3  -  Denis Distant Singapore I REFER to the letter, "It's important to see what KL wants" (BT, May 10), from L Lau in Malaysia. Why can't the 170,000 Clob shareholders be given their shares back and allowed to trade them freely, instead of having
      176 words
    • Article, Illustration
      How about a sell-and-buy solution for Clob shares?
      395 3  -  Tye Kok Meng Singapore I'M writing in to make a humble suggestion with regards to the resolution of the Clob fiasco. The main reason why Dr Mahathir, Mr Daim and the Malaysian authorities do not wish to release the Clob shares back
      395 words
    • Article
      Don't let Clob issue spoil bilateral ties
      168 3  -  W A Yeo Singapore AS a Singapore permanent resident, I am disappointed by the fiasco caused by the Clob stalemate. I personally believe that the Malaysian government and companies should have done better than just leave the problems to SES and KLSE officials.
      168 words
    • Article
      'Mixed bag' of stocks cuts risk
      127 3  -  Quah Soon Tong via Internet Singapore THE statement this week by Effective Capital Sdn Bhd contained this line: "It must be realised that Effective Capital undertakes the inherent risks of purchasing a very large and mixed bag of securities, ie the blue chip stocks,
      127 words
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  • ASIA ON THE MEND
    • Article
      Interest rate on Indon central bank paper hits post-crisis low
      757 4  -  Analysts say this signals recovery and resumption in bank lending soon Prom\ Shoeb Kagda in Jakarta INDONESIA'S benchmark interest rate on central bank paper or SBIs fell below 30 per cent yesterday for the first time since the financial crisis,
      757 words
    • Article
      Lock icon M'sia expands global bond sale from US$2b to US$3b
      484 4 It files amended statement with US stock regulator Bloomberg Reuters [WASHINGTON] The Malaysian government increased the size of a planned bond sale by 50 per cent to US$3 billion (Sss.l billion), according to a regulatory filing. The government filed an amended
      Bloomberg; Reuters  -  484 words
    • Article
      Lock icon Thai govt drafts steps to boost property, exports
      400 4 Bridge News Bloomberg [BANGKOK] A comprehensive package to aid Thailand's property sector and enliven the sales of building materials is due to be announced by Finance Minister Tarrin Nimmanhaeminda by the end of June, said a finance ministry spokesman. The plan, a
      Bridge News; Bloomberg  -  400 words
    • Article, Illustration
      Lock icon Central bankers meet for a post-mortem of Asian crisis
      550 4 On the agenda are capital movements, exchange rate policy Reuters [HONGKONG] Central bankers from Asia and Europe and officials of key international agencies will meet tomorrow in Macau to hash out once again what went wrong in Asia and how to
      Reuters; FILE PHOTO  -  550 words
    • Article
      Lock icon Investor confidence brightens: Thai survey
      468 4 AFP [BANGKOK] Thailand's hopes of a modest economic recovery this year were boosted yesterday by a survey showing the gradual return of foreign investor confidence, officials said. The Board of Investment (BOI) released survey results of foreign and partly foreign owned companies showing most expected
      AFP  -  468 words
    • Article
      Lock icon Short-term HK$ bonds: reminder on sales ban
      276 4 Bloomberg [HONGKONG] The Hong Kong Monetary Authority (HKMA) wrote to the world's biggest development banks, including the World Bank, for the second time in eight months repeating a ban on the sale of short-term local currency bonds. The HKMA. the city's de facto
      Bloomberg  -  276 words
    • Article, Illustration
      Lock icon Looking to China for jobs
      55 4 0 ii [HONGKONG] People lookingfor jobs at a Labour Department service centre in Hongkong. As the economy shrank by 5.1 per cent in 1998 and its jobless rate soared to a record &2 per cent, more people in the territory are seeking jobs across the
      REUTERS  -  55 words
    • Article
      Lock icon Asian crisis will force shakeout of foreign banks
      381 4 Banker says only 3 or 4 big players will operate in region AFP [SINGAPORE] Asia's financial crisis will force a shakeout of the foreign banking industry, with only three or four major players operating in the region alongside highly consolidated domestic banks,
      AFP  -  381 words
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  • SOUTH-EAST ASIA
    • NOTE Book
      • Article
        Lock icon Golkar to name candidate soon
        71 5 Reuters [JAKARTA] Indonesia's ruling Golkar party plans to choose its next presidential candidate later this week, party chairman Akbar Tanjung said yesterday. "On the presidential candidate, Golkar will decide it in the meeting of senior officials which starts (today)," he told reporters. The meeting ends
        Reuters  -  71 words
      • Article
        Lock icon Jakarta bourse to close on June 7
        53 5 AFP [JAKARTA] The Jakarta Stock Exchange (JSE) will close for one day on June 7, when the country holds its first general elections since the fall of president Suharto, the bourse said yesterday. "Trading on the JSE will reopen on Tuesday, June 8,1999,"
        AFP  -  53 words
      • Article
        Lock icon Taib: I don't have RM20b in bank
        107 5 Bernama [KUCHING, Malaysia] Sarawak Chief Minister Abdul Taib Mahmud said yesterday he does not have 20 billion Malaysian ringgit (SsB.9 billion) in a foreign bank as alleged on the Internet "Even if I have to milk all the resources in the state, it
        Bernama  -  107 words
      • Article
        Lock icon KL police urge stop to flag war
        71 5 Bernama [KUALA LUMPUR] Police want the flag war in Kuala Lumpur stopped to prevent untoward incidents. Kuala Lumpur police chief Kamarudin Mohamed Ali said the putting up of flags in the city by some political parties had precipitated fights which led to injuries.
        Bernama  -  71 words
      • Article
        Lock icon Jakarta to cut duties on bus, truck parts
        88 5 AFX-Asia [JAKARTA] The government plans to cut import duties on components for heavy commercial vehicles such as buses and trucks from 15 per cent now, said Agus Tjahajana, the Ministry of Industry and Trade's director-general for metal, machinery, electronics and automotive industries.
        AFX-Asia  -  88 words
    • Article, Illustration
      Lock icon Students mark May 1998 shootings with rallies
      252 5 JAKARTA AFP HUNDREDS of students, demanding the military stay out of politics, took to the streets of Jakarta yesterday to mark the first anniversary of the killing of students by security forces. Some tried to get to the Indonesian parliament, others tried to
      AFP; REUTERS  -  252 words
    • Article
      Lock icon Supachai for May deadline on WTO vote
      435 5 BANGKOK Thai govt says 77 members are backing its candidate AFP THAILAND'S candidate in the drawn-out battle for the top post at the World Trade Organisation has called for an end of May deadline, even as the country yesterday claimed it had mustered
      AFP  -  435 words
    • Article, Illustration
      Lock icon Developers may have to cut prices, says M'sian minister
      611 5  -  Residential property prices fell 9.4% last year, the first dip since 1988 From Diana Oon Abdullah in Kuala Lumpur PROPERTY developers have to consider cutting selling prices further to reduce the property overhang in Malaysia, said Wong See Wah, Malaysia's Second
      Source: Malaysia Govt; Source: Bloomberg  -  611 words
    • Article
      Lock icon Thai govt shortlists four bidders for Radanasin Bank
      323 5 BANGKOK UOB said to be in the running though BOT refuses to name them Bridge News AN independent panel, established by Thailand's government, has shortlisted four potential bidders for the planned auction of a controlling stake in Radanasin Bank, with Singapore's United
      Bridge News  -  323 words
    • Article
      Lock icon US power firm may sue PLN for US$4b if it breaches deal
      422 5 SINGAPORE Until both parties agree to alter contract, it has to be honoured: Edison Bloomberg EDISON Mission Energy, a subsidiary of US-based Edison International, said it will seek US$4 billion (Ss6.B billion) in damages from Indonesia's state-owned power
      Bloomberg  -  422 words
    • Article
      Lock icon PAL chief looks to white knight in Lufthansa
      342 5 MANILA Reuters PHILIPPINE Airlines chairman Lucio Tan has told the government he can raise US$2OO million (*****.9 million) in new equity to save the carrier but will hand over management control to Germany's Lufthansa, a senior official government said yesterday. "(It) looks
      Reuters  -  342 words
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      33 5 TODAY ©fc 1 Lianhe Zaoftao SmMml llm^9P ip s GET TO Sunday 1 MOW J JmM#i a un<^a 5 r Classified llWifl special on antiques, m|c I m collectors' ft* L illll{j J
      33 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon HK lawmakers okay HK$964m Cyberport infrastructure funds
      393 6 HONGKONG But several slams govt over way deal was awarded to Pacific Century Reuters HONGKONG legislators yesterday approved infrastructure funds for the Cyberport high-tech project but a number of lawmakers criticised the way the deal was done. By a vote of 14 to
      Reuters  -  393 words
    • Article
      Lock icon China bank sells 10-year global bonds
      233 6 BEIJING Bloomberg CHINA Development Bank priced US$5OO million (*****.8 million) in 10-year global bonds, in the first fixed-rate bond sale by a Chinese financial institution since the collapse of the country's second-biggest investment company. The sale came amid demonstrations against US diplomatic offices in
      Bloomberg  -  233 words
    • Article, Illustration
      Lock icon In with the News
      82 6 [TAIPEI] Ko Chi-beng (left), publisher of the Taiwan News, and Simone Wei, chairperson of the News, take off the old logo at a ceremony here yesterday. The English-language daily, formerly known as China News, will be renamed Taiwan News. Mr Ko said the renaming was to
      REUTERS  -  82 words
    • Article
      Taipei opens probe into alleged dumping by US chipmakers
      433 6  -  Observers see case directed mainly against Micron as tit for tat By\ Macabe Keliher in Taipei TAIWANESE chipmakers have lodged an anti-dumping complaint against three US chipmakers, alleging that they sold memory chips here at prices that were nearly half that
      433 words
    • Article
      Lock icon TSMC in talks to buy chip factory
      274 6 HSINCHU, Taiwan National Semicon wants to sell US plant to cut costs Bloomberg TAIWAN Semiconductor Manufacturing Co (TSMC), the world's leading maker of custom-designed chips, said it is in talks with National Semiconductor Corp to buy its computer chip factory. JH Tseng, a
      Bloomberg  -  274 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      129 6 centre of gravity near the driver, you the centre Rediscover a new kind of driving iHr^v Mn pleasure 9-3. One flftraaoa J tru| y p yts y° u m the dnver s seat No forces outside your jj... vw -jfl '< >\l JK JB -^SBtk iSsefc^ jrft' ■HHF pppp^^ BBeS'.
      129 words
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  • ASIA
    • Article, Illustration
      Lock icon Japanese investors turn to Aussie $
      526 7 Japanese investors turn to Aussie TOKYO With euro showing no signs of recovery, investors are eyeing high-yielding units Reuters, Bridge News A BRIGHTER outlook for the Australian dollar, backed by higher commodity prices and bullish economic fundamentals, has prompted new interest in the neglected Aussie from Japanese investors weary of
      Reuters,; Bridge News; Source: Bloomberg  -  526 words
    • Article
      Lock icon LG leads race as Axa drops plan to bid for Korea Life
      351 7 SEOUL Analysts say Axa may partner LG to buy the life insurer Bloomberg AXA SA, Europe's largest insurer, abandoned an attempt to buy Korea Life Insurance Co, fuelling expectations the nation's third largest insurer will be bought by
      Bloomberg  -  351 words
    • ASIA Notes
      • Article
        Lock icon Obochi may call early polls, say MPs
        102 7 Bloomberg [TOKYO} Japanese Prime Minister Keizo Obuchi may unveil plans for an increase in government spending as soon as September and call early national elections, said three legislators in the ruling Liberal Democratic Party. Mr Obuchi has pledged the economy will grow 0.5
        Bloomberg  -  102 words
      • Article, Illustration
        Lock icon Against genetic engineering
        76 7 Reuters (MELBOURNE] An unidentified woman dressed as an egg attends an anti-genetic engineering demonstration with a colleague in Melbourne yesterday. The Australian Gene Ethics Network staged a demonstration outside the city offices of a health official in a bid to call on health ministers to establish a
        Reuters  -  76 words
      • Article
        Lock icon Takeda Chem announces new HIV drug
        56 7 Reuters [TOKYO] Japanese pharmaceutical maker Takeda Chemical Industries yesterday said it had developed a new medicine for HTV, the virus that causes Aids, in cooperation with Kagoshima University. It said the new medicine inhibits the CCRS receptor, which the HIV virus uses to attack
        Reuters  -  56 words
    • Article
      Lock icon Indian Internet portal plans big US push
      236 7 BOMBAY It also sets its sights on 20m Indians in Europe, Africa, Asia FT INDIA'S leading Internet portal company, Red iff, has unveiled plans for a big push into the US, with the launch of a sophisticated new portal site for expatriate Indians.
      FT  -  236 words
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      146 7 m -dfl K m E |jr o cmwi wni*» If you're hankering for print quality that's nothing Our Acolor 956, for example, serves up extraordinary r> short of mouth-watering, Fuji Xerox has lols of treats colour fidelity and clarity, even with continuous printing. in store for you. And with a
      146 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Big powers target China's WTO entry
      713 8  -  They want China to take part as a fall member in WTO's millennium round From, Anthony Rowley in Tokyo THE world's major trading powers the US, Japan, the European Union and Canada agreed in Tokyo yesterday to work towards agreement by November on admitting
      REUTERS  -  713 words
    • Article
      Lock icon Tight policy needed with 35b mark tax shortfall: Bonn
      422 8 BONN Latest data show 2000-2002 income less than expected Reuters GERMAN federal, state and local governments will collect billions of marks less tax in the next three years than expected six months ago, giving credence to government calls for significant savings
      Reuters  -  422 words
    • Article, Illustration
      Lock icon Russia premier's sacking rocks world markets
      395 8 U MOSCOW Euro slips below US$l.O7 for first time; rouble tumbles below 25 per US$ Reuters RUSSIAN investments, buoyant for months on new hopes for the economy, fell across the board yesterday after the sacking of Prime Minister Yevgeny Primakov the man seen as
      Reuters; AFP  -  395 words
    • Article
      Lock icon Nato steps up Yugoslav bombing
      289 8 BRUSSELS AFP NATO yesterday said it is stepping up its air campaign against Yugoslavia further, dismissing Serb troop withdrawal claims as "false". It also expressed hope that Russia's political turmoil will not adversely affect diplomatic efforts to resolve the Kosovo crisis, following the political storm
      AFP  -  289 words
    • Article
      Lock icon BOE sees rate cuts if £ stays strong
      267 8 BOE sees rate cuts if stays strong LONDON Bloomberg THE Bank of England said farther interest rate cuts will be needed if the pound stays strong though it added that sterling is likely to fall 4 per cent by the first quarter 2001. In its quarterly inflation report, the bank
      Bloomberg  -  267 words
    • Article
      Lock icon Poor German production data cast doom over Europe
      229 8 BONN. Reuters ECONOMIC gloom spread across Europe yesterday as downbeat manufacturing data from its largest economy, Germany, showed a turnaround in the continent could not be taken for granted. Italy added to the pessimistic mood by reporting a drop in consumer confidence
      Reuters  -  229 words
    • Article
      Lock icon Rubin will be missed, says Greenspan
      128 8 WASHINGTON Reuters THE following is the full text of Federal Reserve chairman Alan Greenspan's statement on the resignation of Treasury Secretary Robert Rubin: "I am saddened by the resignation of my friend Bob Rubin. He has been one of the most effective Secretaries of
      Reuters  -  128 words
  • Page 8 Advertisements
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      155 8 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
      155 words
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  • FOCUS OH INDONESIA'S ELECTIONS
    • Article, Illustration
      Lock icon Keeping the lid on Pandora's box
      2408 9  -  Golkar deputy chairman Marzuki Darusman talks to tamo razali bassim about the many politically volatile issues facing Indonesia today YANG RAZALI KASSIM Q: The spate of violence in Indonesia has taken a baffling turn. The brutalities are now not only between ethnic but also
      FILE PHOTO  -  2,408 words
    • Article, Illustration
      Lock icon Parly doctor or dissident?
      769 9  -  The diplomatic Marzuki puts issues in context with his intellectual style w Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] In a way, he is the most sought after source in Golkar. Marzuki Darusman does not seem to know how to say no
      ARTHUR LEE  -  769 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon US is courting trouble if others dollarise
      825 10  -  THE BOTTOM LIME OPINION By Robert Samuelson Washington Post Writers Group DOWN with "dollarisation". By all rights, Americans should feel flattered by the latest scheme to save the world economy. Hie idea is that many poorer countries would adopt the US dollar as
      Washington Post Writers Group  -  825 words
    • Article
      IN OTHER WORDS
      108 10 'I'd rather put my children through college than own a box full of Salinger's letters. They were a piece of my past that I've finished with, and I'd rather use them to help support my family.' Joyce Mayn&rd who, as an 18year old, had a brief romance
      108 words
    • Article
      S'pore economy: Not blue skies yet
      634 10 EDITORIAL SINGAPORE'S first-quarter economic report card, to be released on Monday, may not contain any surprises, with the headline figures good ones at that —already announced But the million-dollar question remains is the economy really out of the woods? To be sure, an economic
      634 words
    • Article, Illustration
      Lock icon Asians need their own monetary fund
      1116 10  -  Such a fond acting as an insurance network promotes financial stability By' Yu Qiao NO ONE should have been surprised that Washington rejected major currency linkages or target zones proposed by France and Germany in the recent Bonn meeting of G-7 finance ministers and
      FILE PHOTO  -  1,116 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      977 10 ▼oto-bnytng for Indon polls WITH less than four weeks left to the June 7 general elections in Indonesia, signs are growing that the polls will not quite be as free and fair as promised. True, with the organisation of the election entirely entrusted to an independent
      977 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Cannes veers towards art cinema
      511 11 Hollywood studios are reluctant to risk European debuts on judgmental Cannes audiences Reuters [CANNES] This chic beachfront city's Festival International du Film is putting on a brave front for its 52nd edition and it might even pay off. "Cannes: The Fever Rises on La Croisette"
      Reuters; REUTERS  -  511 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
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      231 words
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      Page 11 Advertisements Column 2
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      56 words
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      Page 11 Advertisements Column 3
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      61 words
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      Page 11 Advertisements Column 4
      204 11 'JM't "1212" LUNCH PROMOTION (From 12 noon 2.30 pm dally) Come and try our value for money "1212" lunch promotion bring at least one friend to enjoy the following special prices and discount. ZL i* 2* ]Wmm4| Orfrr nwrt> Mon Chicken Rice $8.50 $1.00 $4.25 Tuc Nasi Goreng $7.50 $2.00
      204 words
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      Page 11 Advertisements Column 5
      75 11 Coffeehouse Ist floor The Magic of Thailand at Chatterbox Coffeehouse 9 to 23 May 1999 Enquiries: jA Ail 6291 -S" Mgjtdarin U| Singapore 333 Orchard Road, Singapore *****7. Td: 737 4411 Fax: 732 2361 Lly «*o: A ylcnJJ aul a»<M J1 g JOOM !iv*F tnJ erta low I J g
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1221 11 CRYPTIC CROSSWORD ACROSS i 2 3 5 |HC j f I 3 1 Lined up in uniform (7) imn LJ 5 Reveals Venice's devastation 10 A hold-all containing spare h Lh ||Br iHT washing (7) —|HL-— 11 He won't take steps to main- n I I I I I I
      1,221 words
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  • MOTORING
    • Article
      Auto makers upbeat as Q1 sales improve
      544 12  -  Toyota, BMW and Volvo report better sentiment and higher sales in region By i Christopher Tan [SINGAPORE] CAR makers are somewhat more optimistic of Asia now than they had been in the last year, but no one is prepared yet to say the
      544 words
    • BUMPER to BUMPER
      • Article
        Mitsubishi's green Mirage Dingo is here
        73 12 CATCH the Mitsubishi Mirage Dingo at the Mitsubishi Motor Show starting tomorrow at Takashimaya Square. To be unveiled here for the first time, the 1.5-litre direct-injection "smart utility wagon" should appeal to buyers who want something different The car is the latest addition to
        73 words
      • Article
        New faces at Motor Traders Assn
        72 12 THE Motor Traders Association has an almost-totally-new team of office bearers, who were elected at an annual general meeting last Friday. Only its president David Tay (Trans Eurokars), was re-elected tor a second consecutive term. Chia Yong Sian (Tan Chong) is the new vice-president
        72 words
      • Article
        Prius seen raking in as muchh as Corolla
        75 12 TOYOTA'S Prius hybrid will rival its Corolla staple in profitability once delivery extends to the US next year. Currently, about 20,000 units of the petrol-electric car are sold in Japan each year. The American market is expected to add another 20,(XX) a
        75 words
      • Article
        Two new scooters
        67 12 COMFORT Group's Eurobike has launched two new scooters. The Piaggio Hexagon LXTIBO is comfort-oriented machine sporting a modern shape. New features include a 12-volt socket for a mobile phone; 11-inch aluminium wheels; and storage for two helmets. For the nostalgic, there's the Vespa PX—a retro machine practically
        67 words
      • Article
        Rover 75 rolls out
        120 12 BMW-OWNED Rover has started Ml production of the new 75 sedan at its new Oxford plant The first unit off the line, a Wedgwood Blue 2.5-litre, was driven off by Rover chairman Werner Samann. Hie Rover 75 goes on sale in the UK next month; and
        120 words
      • Article, Illustration
        Catching up with the world
        80 12 WOMEN are increasingly making their presence felt in the male-dominated world of motorcycling, according to BMW. In the US, their numbers have grown to more than 500,000 or over 14 per cent of the biker population. In Germany (the world's second largest biking nation), the
        80 words
      • Article
        Audi TT sports model coming this year
        110 12  -  -Compiled by i Christopher Tan THE Audi TT sports model "is an ambassador of the Audi marque", according to executive director (product marketing) Johannes Thammer. "It will strengthen the marque's emotional component, manifest design leadership and gain access to new target groups," he
        110 words
    • Article, Illustration
      Lock icon Shell set to start vehicle servicing, repair via franchise
      406 12  -  After successful ProServ pilot, Shell ready to expand All reports by Christopher Tan [SINGAPORE] Shell is gearing up to enter the vehicle servicing and repair business with its own franchise. Its ProServ pilot project involving three petrol stations in the Upper
      CHRISTOPHER TAN  -  406 words
    • Article, Illustration
      Lock icon Making of a traffic dragon
      67 12 [SINGAPORE] Like a "blue dragon "reaching skywards, theframeworkfor Singapore's latest flyover takes shape. Part of a $104 million multi-tier junction where Upper Serangoon Road meets Braddell Road and Bartley Road, the flyover seems to dwarf the buildings on either side. When it is completed by
      ARTHUR LEE  -  67 words
    • Article
      Comfort poised to take over Seat agent
      268 12 [SINGAPORE] Listed Com fort Group is in the final stages of taking over Seat distributor Barcelona Motors, according to sources. The transport-based group is said to be increasing its stake to 80 per cent from the current 49 per cent. Talk of the
      268 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Interest in Freight Links dimming?
      489 13  -  Warrant extension factored in but share could gain from higher freight rates By' Ven Sreenivasan [SINGAPORE] Interest in Freight Links Express Holdings shares and warrants could fizzle out now that its shareholders have approved a two-year extension for its near-dated warrant, say brokers. Traders said
      Source: Bloomberg  -  489 words
    • Article, Illustration
      Lock icon PacNet's Q1 profit more than doubles to $2.8m
      310 13 Dial-up customers rise to 217,014 from 144,852 a year ago Bloomberg [SINGAPORE] Singapore's Pacific Internet (PacNet), Asia's first Internet company to trade in the US, said its first-quarter profit more than doubled as it signed on more customers. Profit rose to Ss2.B
      Bloomberg  -  310 words
    • Article
      Are resource stocks a good buy or is the rally a mirage?
      579 13  -  HOCK LOCK SIEW Neil Behrmann THE prices of Australian, Asian and other mining shares are soaring. That's plain to see. But what is less plain is whether the rally can be sustained. Metals bulls think prices are now
      579 words
    • Article, Illustration
      Lock icon Asian Energy's entry powers 18% surge in Econ share price
      504 13  -  Analysts expect US group to bring in new business By 1 Teh Hooi Ling [SINGAPORE] Econ International's share price rose 18 per cent on large volumes yesterday after news that a US power plant and industrial project developer agreed to
      Source: Bloomberg  -  504 words
    • Article, Illustration
      Lock icon CityDev land bank lead not as big as thought
      368 13  -  By' Teh Hooi Ling [SINGAPORE] City Developments has disclosed the size of its land bank in its latest annual report but at 4.8 million sq ft, the size puts it just ahead of the Kuok group's recently listed unit, Allgreen Properties.
      Compiled by BT  -  368 words
    • COMPANIES
      • Article
        OCBC in favour again; shares up 45% since Jan
        487 14  -  Bank seen to have more to gain from low rates, investorfriendly culture By Siow Li Sen [Singapore] stock investors are falling in love with Bank all over again, seduced by the prospect that it "would gain more from the low interest
        487 words
      • Article
        Lock icon DBS Thai Danu's hybrid issue 75% booked
        240 14 Returns are at least 11%; part of plan to raise 12-17b baht Reuters [BANGKOK] DBS Thai Danu Bank says about 75 per cent of its 6.67 billion baht (*****.3 million) hybrid equity/debt issue has attracted market interest during preliminary booking before its flotation
        Reuters  -  240 words
      • Article, Illustration
        Time to begin China Sq project: Straits Trading
        381 14  -  Groap to raise cash from its portfolio of quoted securities By Ang Wan May [SINGAPORE] The Straits Trading Company may need ..to raise some cash from the group's portfolio of quoted securities for the development oif its China Square project. According to
        381 words
      • Article
        Genting to spend over RM1.2b on non-casino expansion
        459 14  -  Sum will go towards beefing up palm oil, paper, gas divisions From Eddie Toh in Kuala Lumpur GENTING Bhd, which has not made much headway in acquiring casinos overseas, will spend over 1.2 billion Malaysian ringgit (*****.6 million) to beef up its
        459 words
      • Article
        Lock icon Japan Tobacco unit makes offer for rest of RJR at RM3.94 each
        333 14 AFXAsia Bloomberg [KUALA LUMPUR] Japan Tobacco Inc unit JT International Holding BV said it has served a general offer to buy the remaining shares in RJ Reynolds Bhd at 3.94 Malaysian ringgit each, following its purchase of a
        AFX- Asia; Bloomberg  -  333 words
      • Article
        Lock icon Equitable to buy 72% of PCI Bank
        220 14 It will pay 32b pesos in largest Philippine corporate buyout Reuters, Bloomberg [MANILA] Equitable Bank Corp of the Philippines pulled off a major coup yesterday to emerge as the surprise winner of a scramble to buy a controlling stake in PCI Bank, the
        Reuters,; Bloomberg  -  220 words
      • Article
        Lock icon Ayala's 3-month net profit up 1% to 1.9b pesos
        157 14 AFP [MANILA] Philippine conglomerate Ayala Corp said yesterday its consolidated net .profit excluding one-off items rose 1.1 per cent from a year .earlier to 1.88 billion pesos ;,<S$B5 million) in the three months to March. "This is minimally higher than the
        AFP  -  157 words
      • Article, Illustration
        Lock icon NTT said to be in talks to buy 20% of Telekom
        598 14 Analysts pat cost of acquisition at more thanUSs2b; Telekom shares jump 8% on market talk neuters [KUALA LUMPUR) Malaysian market talk yesterday suggested that Japan's Nippon Telegraph and Telephone was in talks to buy roughly a 20 per cent
        neuters; FILE PHOTO  -  598 words
      • COMPANY Briefs
        • Article
          Lion to raise $8.5m from placement
          108 14 [SINGAPORE] Lion Teck Chiang has placed out 14.2 million shares to Kay Hian Pte Ltd for $8.5 million. The shares represent 10 per cent of its issued capital as at May 11. The placement is subject to stock exchange approval. The placement will raise
          108 words
        • Article
          Eng Kong signs deal with trucking firm
          110 14 [SINGAPORE] Eng Kong Holdings subsidiary Island Mobile Express (IME) has entered into an agreement with Orient Trucking Ltd (OTL) relating to OTLS Transport, a joint venture incorporated in Singapore by IME and OTL which provides truck transport and haulage. Eng Kong's IME will
          110 words
        • Article
          Ho Wah Genting won't buy Hui Yuan
          61 14 [SINGAPORE] Ho Wah Gen ting International has decided not to proceed with its proposed acquisition of the entire capital of Hui Yuan Asia International Group, following a due diligence of Hui Yuan. The proposed acquisition, announced on April 17, was conditional upon Ho
          61 words
        • Article
          ST Auto sells Kinetic stake for US$6.7m
          81 14 [SINGAPORE] Singapore Technologies Engineering's (ST Engineering) subsidiary, Singapore Technologies Automotive has sold its 20.4 per cent share in Kinetic Ltd for US$6.7 million (5511.4 million). Kinetic is an Australian corporation which is engaged in the development of a "smart" vehicle suspension system. The
          81 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Microsoft may buy 30% of C & W cable unit
        413 15 Microsoft may buy 30% of C W cable unit Stake in Cable Wireless Communications valued at USs4b Bloomberg [LONDON] Microsoft Corp, the world's largest software company, is negotiating to buy a 30 per cent stake in Cable Wireless Communications Pic, valued at about US$4 biUion (Ss6.B billion), peole familiar with
        Bloomberg; Source: FT  -  413 words
      • Article, Illustration
        Lock icon C&W posts 17% profit fall, warns of tough times ahead
        454 15 Reuters, Bloomberg [LONDON] Cable and Wireless pic (C&W), Britain's second biggest telecommunications company and parent of Hongkong Telecom, has warned that difficult trading conditions in its key Hongkong market and big investment plans would cut earnings significantly this year. Posting
        Reuters,; Bloomberg; AFP  -  454 words
      • GLOBAL Briefs
        • Article
          Lock icon CSFB fined 2m Swedish kronor
          113 15 FT [STOCKHOLM] Credit Suisse First Boston (CSFB), the Swiss-US investment bank, was fined on Tuesday by the Stockholm stock exchange for attempted market manipulation just as it braced itself for potentially more serious action by Japanese regulators on another issue. The 2 million Swedish kronor
          FT  -  113 words
        • Article
          Lock icon Cisco Q3 profit up 33%
          86 15 Bloomberg [SAN JOSE] Cisco Systems Inc's fiscal third-quarter earnings rose 33 pa* cent as the No 1 maker of Internet equipment increased sales to phone companies and mid-size businesses. It also set a 2-for-l stock split. Net income for the period ended May 1 rose
          Bloomberg  -  86 words
        • Article
          Lock icon Cox to acquire TCA Cable
          72 15 Reuters [ATLANTA] Cox Communications Inc said it would buy TCA Cable TV Inc in a US$4 billion cash and stock deal Cox says will make it the nation's fourth largest cable company. Cox said its merger agreement to acquire Tyler-Texas based TCA was aimed at
          Reuters  -  72 words
        • Article
          Lock icon Wal-Mart's profits hit US$1.1b
          86 15 FT (NEW YORK] Wal-Mart, the world's largest retailer, confirmed its reputation on Monday by reporting a 34 per cent jump in net income to US$l.ll billion for the first quarter of the year. Analysts described the profits growth —Wal-Mart's best in 11 years—as "incredible" for a
          FT  -  86 words
        • Article
          Lock icon AOL teams up with DirecTV
          60 15 Bloomberg [Dulles, Virginia] America Online Inc, the largest online service, said if s joining with General Motors Corps Hughes Electronics Corp and DirecTV to develop its Internet television product, and to compete with services offered by cable-TV companies. AOL TV will access the Internet through
          Bloomberg  -  60 words
      • Article, Illustration
        Lock icon Branson's party for a debutante
        55 15 [HOLLYWOOD] Richard Branson, chairman of the Virgin Entertainment Group, spraying champagne on party goers in Hollywood yesterday to celebrate the launch of Virgin Megastore Online at www.virginmega.com. The online venture will sell music CDs, tapes and other entertainment items online that are usually found in
        REUTERS  -  55 words
      • Article
        Lock icon NTT to begin talks with IDC shareholders on takeover bid
        402 15 It'll meet all 141 investors, may make offer public Bloomberg [TOKYO] Nippon Telegraph Telephone Corp said it will start talks with International Digital Communications Inc's shareholders, intensifying its fight with the UK's Cable Wireless pic to own the Japanese long-distance
        Bloomberg  -  402 words
      • Article
        Lock icon BP Amoco Q1 profit falls 41%, company unfazed
        427 15 Bridge News [LONDON] BP Amoco is in a state of flux. Tuesday it reported its first set of financial results as a combined company, gave the latest on how the integration process is going and indicated that while its proposed buyout of
        Bridge News  -  427 words
      • Article
        Lock icon Microsoft, Sony unit in Internet music alliance
        272 15 Reuters, Bloomberg [NEW YORK] Microsoft Corp and Sony Corp's Sony Music Entertainment unit said yesterday they had agreed to collaborate and jointly promote software, music and video products on the Internet. In a statement, the companies said the alliance will enable them to
        Reuters,; Bloomberg  -  272 words
      • Article
        Lock icon US' SEC grapples with fast-paced market changes
        604 15 Tough time for regulators to figure out new priorities NYT [NEW YORK] In late April, lawyers for Island ECN, a computerised stock-trading service that opened for business less than three years ago, applied to the Securities and Exchange Commission to become America's newest
        NYT  -  604 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Cash management business turns sexy for bankers
        813 16  -  Demand jumps 60%; crisis forcing firms to focus on cash and currency exposures Reports by Catherine Ong [SINGAPORE] Cash management, once the least sexy part of banking, is becoming a hot business as Asia's economic downturn forced regional companies to focus on the
        SIEW YAW HOONG  -  813 words
      • Article, Illustration
        Lock icon US money fund flows double stock funds'
        521 16 USs74b went into money fnnds in first three 3 months of' 99 Bloomberg [NEW YORK] US money-mar-ket mutual funds are taking in more cash than stock funds for a second year, indicating investors are concerned the almost-decade-long rally in stocks is running out
        Bloomberg; Source: IC Bloomberg  -  521 words
      • Article, Illustration
        Lock icon Exciting high returns from Asia cash management
        537 16 Few serious players in region; dominance by US banks [SINGAPORE] Asia has been the fastest-growing cash management market for banks, and the prospects for doubledigit growth remain bright, bankers say. But only a few of the banks are counted as serious players in
        SIEW YAW HOONG  -  537 words
      • SMALL Change
        • Article
          Lock icon Chevron hires Lehman for M&A advice
          81 16 Reuters [NEW YORK] Chevron Corp, America's third largest oil company, has engaged Wall Street investment bank Lehman Brothers to advise it on potential merger and acquisition options, a source familiar with Chevron's plans said on Tuesday. Chevron has been rumoured for months to be
          Reuters  -  81 words
        • Article
          Lock icon Macquarie in tie-up with Japanese bank
          59 16 AFX-Asia {SYDNEY] Macquarie Bank confirmed it has entered into an alliance with the Industrial Bank of Japan to take advantage of the opening up of Japan's equity derivatives markets. Macquarie and IBJ will establish a business to trade and issue Japanese equity derivatives products
          AFX-Asia  -  59 words
        • Article
          Lock icon Swiss Life H2 profit rises 29%
          74 16 Bloomberg [ZURICH] Swiss Life, Switzerland's fourth biggest insurer, indicated its second-half profit rose a highar-than-expected 29 per cent and forecast growth this year as it continues to expand outside the overcrowded Swiss market. Net income rose to an implied 99.4 million Swiss francs (*****.2
          Bloomberg  -  74 words
        • Article
          Lock icon GIO reinsurance unit facing losses
          57 16 Bloomberg [MELBOURNE] GIO Australia Holdings said its reinsurance division is facing bigger losses than previously expected. GIO predicted a pre-tax loss for its reinsurance business erf As3oomillion (*****.1 million) for the ftill year to June 1999, which wifl lead to an overall loss for the
          Bloomberg  -  57 words
      • Article
        Futures drift lower as institutions stay away
        144 17  -  SEME&Reports Iwtof Edward Cheung, Jardine Fleming THE MSCI Singapore Index plunged at the open yesterday and continued drifting throughout the day as institutions stayed on the sidelines. The upcoming Federal Open Market Committee meeting kept many foreign funds out of the market whilst
        144 words
      • Article
        Optimism in electronics sector lifts futures
        212 17  -  MSCI Taiwan fatnres Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday finished 4.4 points and 4.3 points higher respectively in the May and June contracts, whereas the Taiex was down by 26.04 points. The futures opened higher based on optimism
        212 words
      • Article
        Lock icon Oil prices weaken on large petroleum stockpiles in West
        318 17 ENERGY REPORT Reuters [LONDON] Oil prices spiralled lower again yesterday following a sharp reminder that producers still have plenty to do to wipe out large petroleum stockpiles in the West. London futures for benchmark June Brent blend traded 44 cents lower
        Reuters  -  318 words
      • Article
        Lock icon CURRENCY REPORT
        333 17 Reuters London THE announced departure of Russian prime minister Yevgeni Primakov and US Treasury Secretary Robert Rubin dealt separate blows yesterday to the euro and the dollar. The euro fell back to U551.0673 (from U551.0726 on Tuesday) on the added element of uncertainty caused by Mr Primakov's sacking
        Reuters  -  333 words
      • Article, Illustration
        Untitled
        1231 17 DfTERBAMK CROSS RATES May 12 t AS CS Rmb Euro Ffr Dm HKS Ind Rs Rupiah Yen Won RM NZ$ Pak Rs Peso S$ Rand Sfr NT$ Baht Pound US$ """T""*im Australia 0.973 6.178 0.(27 4.H0 1.226 5.190 28.618 52.723 0.809 8.071 2.544 1192 34.151 25.173 1.138 4.149 1007 *****
        1,231 words
      • Article
        Untitled
        1857 17 S1C0M FUTURES May 12 RUMIR (Mam dosta* 5J0pa) issicoimwartc«rtvm a©* voiunw open ftlORtfl Mfft Low Sott (toraos) Intorost Jun 99 moo 50 Jitf 99 107.00 775 AM 99 109.25 ***** 108.75 600 375 S«n 99 1T1.75 275 Oct/Doc 99 716-25 900 Jan/Mar 00 ***** RSS 3 C0KT8AC7 (US ctntsAfl) Vote*
        1,857 words
    • Article, Illustration
      Lock icon HONGKONG
      1385 18 AFP fl Hang Seng +138.6 HONGKONG share prices closed 1.1 per cent higher yesterday on selective buying after Wall Street rose overnight, but gains were pared by worries of a US interest rate increase, dealers said. They said the US 30-year bond yield, at 5.8 per cent, indicated a
      AFP  -  1,385 words
    • Article, Illustration
      Lock icon CHINA
      573 18 Reuters n Shenzhen B Index +OJ3TI SHENZHEN'S hard currency B shares closed higher yesterday after official newspapers carried a US apology for the bombing of the Chinese embassy in Belgrade, soothing tensions that had fuelled heavy declines. The B share index climbed 0.97 point to 55.16 on turnover of
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  573 words
    • Article
      Lock icon TAIPEI
      333 18 AFP Qwp Index -2104 TAIWAN share prices closed 0.3 per cent lower yesterday as investors took to the sidelines due to a lack of fresh buying incentives, dealers said. "The market needs new incentives to push up the index but all the good news you hear now is old
      AFP  -  333 words
    • Article
      WORLD STOCK MARKETS
      2059 18 LONDON InftstrMs mn 3i Croup 7 -20 0.16 Abbey National '3.42 -0.10 A3 Foods 4.78 -0.03 Ml Ports 2.87 0.03 Alliance Leicester 8.60 -0.17 Allied Domecq 5.39 -0.01 Allied Zurich 7.72 -0.13 Anglo American Gold 39.60 -0.10 ASOA Group -1-87 -0.04 Bank of Scotland 8.55 -0.12 Barclays
      2,059 words
    • Article
      Lock icon TOKYO
      1586 18 AFP H Nikkei 225 ****** SHARE prices in Tokyo rallied 1.2 per cent yesterday following a rebound on Wall Street with export-led blue chips and high-tech issues showing the way, brokers said. The overall market was also boosted at midday by news that leading Japanese pharmaceutical firm Takeda has
      AFP  -  1,586 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8571 19 INDUSTRIALS Consumer products 1999 Last Vol Day Nat Cap High Law Company Sala _'0OO High Law P/t $mtl 330 255 Ajinomoto 310 6 8 310 304 17.1 125.6 86 46 Angkasa 79 2 263 86 79 116.5 283 220 Apollo Food Hlg 254 16 6 260 2S4 8.8 101.6 204
        8,571 words
      • Article, Illustration
        Lock icon Shares marginally up despite profit-taking
        426 19 AFP Q Composite Index +0.59 MALAYSIAN share prices closed 0.1 per cent higher yesterday despite widespread profit-taking, dealers said. Dealers also said investors were increasingly circumspect over the possibility of an early return to the Morgan Stanley Capital International (MSCI) index in the immediate future.
        AFP  -  426 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2284 20 BOMBS, LOANS ft WARRANTS 52-wk Last Vol Day Lo»t Ouot. Av« High Low St no Company Solo ♦or- (*000) High Low Buyf Seller Price 25 3 $3160 "Acer ******1 USS 24.5 n.5 577 24.5 22.5 23.5 24.5 35.5 4.5 3164 Acma ******4 31 -0.5 910 32.5 29.5 30 31 32
        2,284 words
      • Article
        CLOB INTERNATIONAL
        232 20 H0M6K0M6 STOCKS Or Gr 52 WV Loot Vol Day Lest Ouott Dtv Otv VM Not M Cap Mtgti Low Stoo Co«n—ny SO* COOP) HH» Low Buyor S—or Cm P/I >■■ 345 173 5123 COL (2000) HK 320 id *25 22 320 300 322 5 327.5 8 3.7 2.5
        232 words
      • Article
        Liang Huat warrant faces two snags
        189 20  -  WARRANT WATCH -By R Sivanithy THERE seems to be a sudden burst of interest in Liang Huat Aluminium shares and warrants. Of course, this interest might disappear as quickly as it has appeared as the market has been in a feverish rotational phase for
        189 words
    • Article, Illustration
      Lock icon JAKARTA
      742 20 AFP H Composite Index +3.27 INDONESIAN shares rose 0.6 per cent yesterday on speculative play by local investors in select second and thirdliners, which offset foreign profit-taking in most blue chips, dealers said. "I think it's just profit-tak-ing and people being cautious today about the one-year anniversary," the dealer
      AFP  -  742 words
    • Article, Illustration
      Lock icon BANGKOK
      893 20 AFP n SET Index -M 7 THAI share prices shed 1.8 per cent yesterday amid short-term profit-taking led by finance stocks following strong gains in recent sessions, analysts said. Some cautious buying helped limit the overall market decline but investors were adopting a wait-and-see position, seeking fresh leads, analysts
      AFP  -  893 words
    • Article
      Lock icon MANILA
      321 20 AFP Manila +4L94 PHILIPPINE share prices rose 1.7 per cent yesterday on persistent inflows of liquidity to hit a 21-month high, analysts said. The Composite Index rose 41.94 points to close at 2,579.52 points. Volume fell to 2.51 billion shares worth 4.44 billion pesos from 4.49 billion shares worth
      AFP  -  321 words
    • Article
      Lock icon SEOUL
      408 20 AFP CI Composite Index -&28 SOUTH Korean share prices closed 1.1 per cent lower yesterday in weak trading following recent steep rises, dealers said. A Daishin Securities analyst said concerns over weakening futures, interest rates, labour disputes and increased selling by foreigners weighed on sentiment. The Korea Stock Exchange
      AFP  -  408 words
    • Article
      Lock icon SYDNEY
      671 20 AFP Fl All Ordinaries +3QJ AUSTRALIAN share prices gained one per cent yesterday following a strong session on Wall Street and a favourable federal Budget handed down on Tuesday, brokers said. The All Ordinaries Index rose 30.1 points to 3,015.00. The All Industrials Index jumped 60.1 points to 5,287.00
      AFP  -  671 words
    • Article
      Lock icon WELLINGTON
      283 20 AFP Wellington +0J55 NEW Zealand stock prices closed barely changed yesterday with investors focused mainly on market debutant Contact Energy. The NZSE-40 Capital Index closed at 2,195.50, up just 0.55 of a point. Turnover was a healthy NZ5166.6 million. ttotU US _*h (000) Advantage HDS 1.55 -0.05 12 Air
      AFP  -  283 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5495 21 Transaction date: May 12 I Or Or ■2- n LMt Voi Day La«t Quota Wv Wv V i? !f}J c *!i Hiqt, L»« StNo Company sm COOP) High Low Buyar S—f Cur J MULTHNBUSTVY 127 17.5 mb >000 Acma 50c 120 cd -3 2170
      5,495 words
    • Article
      SESDAQ
      1065 21 Mt Val Day Latt Quot. Otv Otv YM N«t Cm mjr t— um c—m—i m roooi mn> l— —r*r no cw *_w« MANUFACTURING j j r jAio ac Auto 10c 117 *1 399 121 n7 117 118 15 N 7 13 11 'J® 79.5 45 C 2051 ASJHkkJl20c 68
      1,065 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        394 22 Stocks Volwne Asia FoodS Prop 41,603,000 Econ Intl 20c 40,045,000 IPC Corpn 5c 39,662,000 DragonLand Kk 29,846,000 Roly IntUStOc 28,361,000 Liang Huat 10c 19,023,000 TSM Res 5c 17,111,000 SM Summit 10c 16,887,000 CM Telecom HK75C 16,620,000 frt Links 20c 16,250,000 Stacks 5 OCBC Foreign 31,748,414 Econ intl 20c 28,522,415 STEngglOc
        394 words
      • Article, Illustration
        US$ stocks continue to lead; STI fails to regain 1,900 level
        632 22  -  STOCK MARKET COMMENTARY Foreign investors look to next week's FOMC meeting for clnes on interest-rate direction By R Sivanithy THE market's leadership yesterday remained firmly in the hands of USdoUar stocks, thanks to the attractive commissions being offered for
        632 words
      • ON THE GRAPEVINE
        • Article
          Now, who's talking?
          100 22 KOH Boon Hwee, executive chairman of Wuthelam Holdings, was in the shower in a hotel in Redwood City, at the northern end of US' Silicon Valley, when he received a call from BT last night. The good sport that he is, Mr Koh, who is on vacation,
          100 words
        • Article
          Full marks for plain talk
          93 22 THERE are a lot of things in the complex world of cash management that corporate treasurers and bankers need to demystify. Jeanne Mendez, director of global cash management at Microsoft Corporation, gets full marks for plain talk. During a presentation at the sixth annual Asia-Pacific
          93 words
        • Article
          Going for broke
          107 22 THE recent sudden resignation of Renong Bhd's managing director Mohamed Zakir Sidek has left many market observers guessing what his plans are. According to the grapevine, Mr Zakir, who is a UK-trained accountant, has business plans of his own and is looking to stockbroking. It is understood
          107 words
        • Article
          Fly Lufthansa on Jan 1
          101 22 IF you absolutely must fly on the last day of this year, just when the dreaded Year 2000 bug is supposed to strike, you might want to consider flying Lufthansa. Unlike some other airlines, Germany's flagship carrier plans to operate flights at the turn of
          101 words
        • Article
          Lim Goh Tong still healthy
          71 22 LIM Goh Tong, the founder of the only casino in Malaysia, is still healthy, according to second son Kok Thay. He said the octogenarian, who is also the richest man in Malaysia, is currently on a business trip in China. The elder Lim recently gave
          71 words
      • Article, Illustration
        HOT STOCK
        63 22  -  By Wong Wei Kong ECON International shares jumped 10.5 cents to $0,695 yesterday with 40 million shares traded, compared with its 10-day traded average of 8.4 million units. While the stock's 52-week high is $0.83, the daily and weekly RSI, Stochastics and MACD charts suggest that any gains
        63 words
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      Page 13 Advertisements Column 1
      357 13 |&Ly§fand Phice Hhterhouse ff Seminars/Workshop for Financial institutions Hotel Inter-Continental, Singapore This seminar series aims to equip participants with knowledge on compliance and operational risk management, regulatory and taxation laws for banks and investment management companies. Banking Compliance Operations Risk Management Workshop (Treasury Perspective) 24 May 1999 Topics include treasury
      357 words
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      84 18 v. S Uo jr\ /'seZltoidN The card we're\ calling about this was a f making for Susan 1 the computer I you tnis X X I I advertised in j/<TV\V gooddeal >/ Yup, we got what V .sgomgtobe J V The Straits Times/A As k lf /we wanted because V
      84 words
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      27 20 C* JNfaking sense of financial markets f Where they've been... i!A tj I ;tSBi x j/s f" where they're headed I Money Matters Every Wednesday in THEBUSINESSTIMES
      27 words
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      54 21 Citibank Margin Trading Account Trade up to 2.5 times your share value or withdraw CASH on it. Call 339-7126 now. THE C IT I NEVER SLEEPS It, :ll)l hi s ;.t I 51t.n1.... >•21. X Or c I.r il K .1 •21I"' 1 s IS 1 M\\.tililt .1 n k
      54 words
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      1714 22 Are you making money off the market? Let DBS investor Online help you pick hot stocks! Call 438-1188 w today. MDBS BANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 UNITED INDUSTRIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) LOST CERTIFICATE Application has been made to
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      Page 22 Advertisements Column 2
      211 22 SOfTHAWK MANAGEMENT PTE LTD' (la Members' Voluntary Whfc| Up) LIQUIDATOR'S OFFICE 15 Beach Road #03-10 Beach Cealrr Singapore ISM 77 NOTICE OF FINAL MEETING NOTICK IS HKREBY GIVKN pursuant to Section X* of the Companies Act. Chapter SO. that the Final Meeting of the Members of the abovenamcd Company will
      211 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      156 23 Bridge News Reuters TANKER& Despite plenty of concluded business emerging, the tanker market was said to be lacking direction. "It's all over the place with rumours and counter rumors about what is being or not being done", sources said. Shell was linked with the Algarrobo for a May
      Bridge News; Reuters  -  156 words
    • Article
      MARITIME STOCKS
      266 23 CWT Distribution 104 0.14 2958 Cosco iwastmant LOI 0.02 347 rrataM Unks 0.32 0.01 M2S0 CB HoMnp 0.61 -0.01 104 HaiSunHup 0.73 0.02 1137 IMC HoMngs-HK 5.60 unch 0 JayaHoMnjs a 91 0.06 3514 Jurong Shipyard 7 JO 0.20 67 M*»plCani 4M -0.06 2074 KapppiFCLS 4.64 a02 928
      266 words
    • Article
      Inbound freight rates to go up again in July
      398 23  -  Far Eastern Freight Conference to raise rates by US$l5O per container By) Marcus Hand [SINGAPORE] Members of the Far Eastern Freight Conference (FEFC) are poised to increase freight rates by US$l5O (*****) per container on the trade from July 1. The
      398 words
    • Article, Illustration
      Lock icon Le Havre port plans to cater for megaships
      465 23  -  French port also intensifying efforts to attract more lines By: Felix Chan [SINGAPORE] The French port of Le Havre has embarked on an expansion programme to cater for future growth and the impending arrival of the next generation of post-Panamax containerships. The
      ARTHUR LEE  -  465 words
    • Article
      Lock icon Indonesia most likely to see rise in piracy attacks
      352 23 Country hardest hit by Asian crisis, conference told AFP [MANILA] Indonesia may be the likeliest to see an upsurge in piracy cases because it is the hardest hit by the Asian currency meltdown, has a coastline best suited for such attacks,
      AFP  -  352 words
    • Article, Illustration
      Tanker owner Concordia's president is very green at heart
      662 23  -  SHIPSHAPE By] Marcus Hand THE most striking thing about talking to Lars Carlsson, president of Swedish tanker owner and operator Concordia Maritime, is the passion with which he talks about the company's ships. Shipping Times recently had the pleasure of spending
      662 words
    • Article, Illustration
      Doors lead to safer crossings
      877 24 PASSENGER-CAR FERRIES New types of flood control doors are an efficient way to improve survivability during flooding mishaps THE threat to pas-senger-car ferries' (RoPax) stability from water reaching the car deck has spurred safety regulators and port authorities to introduce measures to prevent further tragedies
      877 words
    • Article
      SHIPPING SCHEDULES INDEX
      199 24 PACE ECU Line 6 ACL ECl 5 AWL 3 Emgreen 6 Accord 8 Fooo <J Sun 8 Appenship 5 L"* Austral 8 G m4r,r ls 6 BaU)i Shp<j 4 Hin h 7 8SA 7 3 BtamjMas 8 Htmtk 4 CCM( Hyumw 7 CMA 8 3 COSCO 5
      199 words
    • Article
      SHIPPING GUIDE
      17666 31 THEBUSINESSTIMES EXPORT ETA ETA Adwrttuf Vnut Voyaqa Talapnona ETA ETA Atfv»rlls*f Vnitl Voyaqa T»i*p*ori* SIM Dasf n Nama Nam Numtar Mi—Bar SIN DmTn Nam* Www NumOir llwtir MHHMHHHHHMWIMMaMMHaMaaMMaHHBaMMM N/05 09/06 ANL AUSTRALIA ENTERPRI MS *5-*****55 To ABIDJAN (ABJ) 2003 Cot* D'lvolre am 09/0* d*m uoyd aust enterprise »s
      17,666 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        630 35 Vessel Voy No Brth Arrtvil Departure Jareag Nrt Bt 0cnc*ti2 *****9 JOt alongside 12 05/2359 Bt Hmdi Jey *****9 JOI alongside 13.05/0400 tt Jiu Raya *****9 J01 atongsid. 12.05/1000 SStoT 1*12 JOI 12.05/2359 St hi Koto *****9 JOI alongside 12.05/2100 M Pel letor *****9 JOI alongside 12.05/2300 C
        630 words
      • Article
        CONTAINER SCHEDULES
        1824 35 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO > Booking/BaUnc* Bstls Ship Voy No Ett»/Btr Porlod From To From tel OatT 0238 14/0700 M 12/1500 12/1*59 12/1900 12/1500 12/1*59 12/1900 M 12/1700 lV0*59 Q/0900 2t 12/1700 U/0459 13/0900 J 13/0700 U/1159 U/MOO 4 13/1200 U/M59 13/1700 Ui M3S
        1,824 words
      • Article
        GLOBAL HOLIDAYS
        186 35 May 13 Indonesia: Ascension Day. Germany: Ascension Day. Francs: Ascension Day. Austria: Ascension Day. Belgium: Ascension Day. Denmark: Ascension Day. Finland: Ascension Day. Switzerland: Ascension Day May 24 Germany: Whit Monday. France: Whit Monday. Austria: Whit Monday. Belgium: Whit Monday. Canada: Victoria Day. Denmark: Whit Monday. May 20
        186 words
      • Article
        COCKETT BUNKER MARKET REPORT
        785 35 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the mar ket Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
        785 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        314 35 Carton ISO Mai 990.0 0.9 19 J 0.09 75 0.09 u DaaUtv Hater IhMm tsli UmIiImi MIumI No abow C25 0 0 8 52L* =2!2 380 Aw 987.2 0.4 05 0.07 36 0.02 380 Us, 9917 Lt 19.5 0.09 58 0.04 u/vi «M/H %M/N M No
        314 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Frankfurt Airport to be listed
        44 36 [FRANKFURT] Wilhem Bender, chairman of the board of directors of the company running Frankfurt Airport, FAG, during a press conference in Frankfurt on Tuesday. FAG is to be listed on the stock exchange by 2002 at the latest. AFP
        AFP  -  44 words
      • Article, Illustration
        Lock icon KL minister refutes claim MAS plane involved
        405 36 LOW FUEL CHARGE AGAINST MAS UK newspaper report inaccnrate, Malaysian Parliament told AFP Bernama [KUALA LUMPUR] Malaysia refuted a damaging allegation which claimed an aircraft of flag carrier Malaysian Airline System Bhd (MAS) flew into London with "near empty tanks," a report said
        AFP; Bernama; FILE PHOTO  -  405 words
      • Article
        Lock icon Air Lanka to fly to Sweden from Nov
        183 36 Carrier hopes to attract more tourists, cargo from region Reuters [COLOMBO] Sri Lanka's national carrier, Air Lanka, will begin flying to Stockholm from November in a bid to draw more tourists and cargo from the region, an airline spokesman said yesterday. "The
        Reuters  -  183 words
      • Article, Illustration
        Lock icon Midland asks for Heathrow-NY flights
        415 36 Reuters [LONDON] British Midland Airways pressed a long-run-ning bid to enter the transatlantic market on Tuesday, with a special request to be allowed to start services between London Heathrow and New York. The European short-haul carrier said it has asked the US government to grant
        Reuters; FILE PHOTO  -  415 words
      • Article, Illustration
        Lock icon Indian Airlines set to buy new aircraft
        536 36 Mew Delhi approves capital injection, public share issue Reuters [NEW DELHI] State-owned Indian Airlines is poised to buy new aircraft after the government gave the go-ahead for a new capital injection and a public share issue. Industry officials said the creaking domestic airline,
        Reuters; FILE PHOTO  -  536 words
      • Article
        Lock icon Qantas chief: oneworld membership no bar to bid for Thai Airways stake
        217 36 Reuters [MELBOURNE] Australia's Qantas Airways said it did not see its role in a rival airline group to the Star Alliance as an obstacle to it bidding for a stake in Star member Thai Airways International. Thai Airways
        Reuters  -  217 words
      • Article
        Lock icon Carrier to invest A$30m in plant
        224 36 Reuters [MELBOURNE] Qantas Airways Ltd said yesterday it would invest As3o million (5533.9 million) in an aircraft maintenance and engineering facility in the state of Victoria. Qantas planned to lease two hangars at Avalon west of Melbourne and contract maintenance staff to handle overflow
        Reuters  -  224 words
      • Article
        Untitled
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        1,589 words
  • Page 23 Advertisements
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      260 23 Passenger-car terries Doors lead to safer crossings New types of flood control doors are an efficient way to improve survivability during flooding mishaps. Paige 2 Qp members... The Driving Force of Singapore Logistics Hub PTE LTD Block 219 Henderson #04-03 Henderson Industrial Park Singapore *****6. Web Site: http://www.ohloexpress.coin E-Mail: sales@ohio.coin.sg
      260 words
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      Page 23 Advertisements Column 2
      82 23 EL minister refutes claim MAS plane involved UK newspaper's low fuel charge inaccurate, Malaysian Parliament told. Back Page i. M W wmm Worldgate Express Lines Pte Ltd 180 CeiafStreet #16-03 A», Bangkok Bank Building Singapore *****6. Td: *****11 Pat 220 8073,224 2863 E-Mail: wgaar#mhox2.comjg Master Consolidator to/from the Indian Sub-Continent
      82 words
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      Page 24 Advertisements Column 1
      198 24 Keep in Touch When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NY Real-Time Shipping Information Y (global home page) www.nykline.com (for USA rates) www.na.nykline.com j SENLIM AGENCIES PTE. LTD. 133, New Bridge Road, MB-09, Chinatown Point
      198 words
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      Page 24 Advertisements Column 2
      810 24 Lines 4 services representee by Members of toe Registry of Accred*d sr*pj»ng Agents. Singapore Shippng Association Members of (he SEMBAWANG KIMTRANS (S) PTE LTD CONVENTIONAL SERVICES r—r fe, SINGAPORE to BATAM, BIMTAH, KARIMUN m'• SINGAPORE to BANGKA ISLAND [7jT] l w M SINGAPORE to CILEGON l^Tm! SAMARINDA/BAUKMMN/BANIARMASIN TO SINGAPORE MANILA/SUBIC
      810 words
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      Page 25 Advertisements Column 1
      1137 25 SAX SERVICE (DIRECT) Ivesa VDT SNtn 1 UU OX DOt HOU (H CDL Mfli All NTC Aft JAM 0111 12/05 27/05 01/06 01/06 01/06 01/06 02/06 02/06 03/06 03/06 tfIGAUtT 0111 19/05 03/06 01/06 01/06 01/06 06/06 09/06 W/P6 10/06 10/06 JilWB Ollt 26/05 10/06 15/06 15/06 15/06 15/06 16/06
      1,137 words
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      Page 25 Advertisements Column 2
      1863 25 HANJIN SHIPPING iikF I itfcWrH* -S*i *****30 HANJM SjjgfgS (S) PTi ITP My//— N» MOWS ********** SAIK *****74 731 POOJHMI *****71 774 OffUIKMS *****50 Til MAM UW *****53 fU *****40 d B): **********0 M TO NW USA A CANADA USA CANADA* fcrvsl/vot |mm| 9H SHmSTvot «T~| nw n pw ai
      1,863 words
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      Page 25 Advertisements Column 3
      420 25 DBsa wr sw jm_ _wr_ so m i ii» ik KMTC PROVIDES MOWMOA 245 H/DS 11/95 1411 I VPS It/OS I l/US 71/ OS 22/ PS MT( lASA* W*S 14/85 71/ OS 2VPS 2S/P5 20/DS qpai A D DDCAtf Dill V ontmw W7S io/os u/os wtm io/os tw> km 27/
      420 words
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      1470 26 DSR-SENATOR UNES ITO UK/CONTINENT TOMEDriERRANEANicANADA KOia VOY MwT LtM HTM AHM HAM OHV FLX VtSStL WW Ml HIT IH TO IU «l TRAOCMAfti WQK2 14 M MM MM UN MM MM CHOYMMCHMCf WIM22 14 M II.M DM MM MM MM nnoMtauTon wwzs km mm mm 07m mm mm km paiirmosenator
      1,470 words
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      Page 26 Advertisements Column 2
      621 26 Ull MAC-NELS S PURE M'SIA Carrier: RAN COUTH LINES, NIC p. quoang: (07) *****2s 1 -I\-A J QWWO» WTIOOOOO 3»U: (064)*****9 MAMLA: (812) MM4M PENANG: (04) *****38 BANGKOK: (880) *****87 SURABAYA: (91) 2*1680 P. KELANO. (03) *****77 JKT. (21) *****07 MON: (61) *****3 KUO6MQ (082) *****1«3 CALCUTTA I MADRAS MV
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      Page 26 Advertisements Column 3
      464 26 LINE Br J mtiiiMHßaiiium MUARA vtssa vot no tu vnsa vot rre ru srotf muaaa sroti ion CAAAKA JN337 VIII/ 04 11/05 71/05 CAAAKAM337 VIU/W 11/05 77/05 jpoosph viu/w 77/05 75/05 jptosra viu/»* 77/ os t*/05 CAAAKAJN337 VIJI/W 71/05 31/05 CAAAIA*O37 VIII/ 44 71/15 01/ M jraosrat vis/woi/mm/m jrton vm/w
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      1059 27 IVESSfI VQV KHH HKO SIN PKO PQB DXB PMM IBA I^l IRAN TAKHTI PJLI346 07/06 10/08 11/06 20/06 21/06 22/06 24/06 26/06 IRAN TABATABAEI PCL-6103 12/06 14/06 16/06 19/06 28/06 20/06 30/06 01/06 03/06 MAN LORE STAN PCL-5102 10/06 21/06 26/06 26/06 04/06 06/06 06/06 06AM 10/06 IRAN TEYFOURI PC
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      Page 27 Advertisements Column 2
      2125 27 s«ili»f to I I SINGAPORE'S GENERAL AGENTS: 6 SHINTON WAY TIL: 226 1900 FAX: *****04 OUTWARD (l/l) :«o3o2""ToSo«c!n5 l ~B,l B,B COSTAR SHIPPING PTE LTD #17-oi o«s hdg sales/okgs *****57/60 inward opt (0/0) *****65 COSTAR AGENCIES (M) SMI MID «NO: )**********M TOWIR TWO (*****9) CONVENTIONAL *****50/55 T/SHHOT DEFT *****25 TtL
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      Page 28 Advertisements Column 1
      1286 28 mmmmm- ixrnommcAmmummmjmmtm SGP RDM ANW HBG TUP ZEE LHV LMV THP ROM ANW HK PKL S6P E DEVELOP RW 006 15/05 83* M/ 06 05/06 07/00 01/00 00/06 E REWARD RE-833 22/94 24/94 23* 25/94 ***** 19* 16* E. DECENT RW-000 ***** 10/00 11/00 12.-05 14AM 15AM IMO E. REFINE
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      Page 28 Advertisements Column 2
      1002 28 ADVANCE CONTAINER LINES (PTE) LTD TEL: *****21, FAX *****19, TELEX RS ***** ACLPL FOR BOOKIWOS PtSASi CALL: *****22 &AIIS A MARKETING *****21-24 OPERATIONS: 2212M0C *****06 CR NO. IIB3— IOOOOC IAHOKOK uumm* JAKAKTA ITMWwW vtssa Ivor hn woe vtssa voy «w jkt KDIA HAKIA (RCACHI KIAQ27 13/5 Thu 16/5 Sun KOIA
      1,002 words
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      Page 28 Advertisements Column 3
      493 28 NANTAI LINE 1 FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA rosa vot sin pui out m cn rq NAMUiMAGON VOI3S 08/05 17/05 21/05 24/05 25/95 mrmvaus ***** 23/05 "mk" mm "i7*r m/u GOLDBIDKAGOW MI2S 31/05 09/ M 13/0t 14/Oi 17/tt mm am u» 10/ot iiah rvu km v/h n/u umtmm
      493 words
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      Page 29 Advertisements Column 1
      420 29 taa MYANMA IBBk FIVE STAR UNE r (Myaaaar Nationl Um) loediag for Yoagoa (Rangoon) »Bsa vor sm pu poi reu ■AGO vioow a* PWYA 143W SU> MALAYSIA AGOITV OOUSTUD SMPPMG AGfNOES *UL TH (03)2417)00 PU: TU (03) *****01 PCM: TH (04) *****62 PGU: Ttl (07) *****21/4 BANK LINE (A Mfvkt
      420 words
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      Page 29 Advertisements Column 2
      1164 29 HMM^ HYUNDAI MERCHANT MARINE C 0^ LTPfiSm wwl 4m I sou I ibi Iml am Imuol aw 118 mi DOT I SOU lUN I RIB I AWT I HAB I rrv i m. ill NOIAMAZDNII 022W Tvw 3i7« —Em 02/04 03/ M JJI 11/w| 124/641 13/W LA LOW 517W 14/05
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      Page 29 Advertisements Column 3
      1097 29 <| norwggjgn outocamtn Qm°K3 Wilhelmsen Lines TO NORTH AND UTIN AMERICA RORO HEAVYUFT SfRVKE" fvissa YOY RAMP NOGHT |SM LAX CRI MU SAV lAL ORf NYC ICW WW TAMOU —l^rriool^-oa TW WiTJ77STlf7ir •576TW0T" TAMPA F9ll 400 Tmh L3M 30/0$ 2S/M 04/07 07/07 09/07 11/07 12/07 14/07 11/07 19/07 IttUOOT E912
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      779 30 MMga—l JAKAHT*/»IIJAWO VE3SFI VOY SIN BKK MTP LCH VESSEL VOY JKT PJW YANTRA BHUM 290N In Pt 18/06 15/06 OURU BHUM ***** 14/06 18/06 KOTA HARTA HTAO27 In Pt 18/06 AKA BHUM 343S 18/06 IMS MATHU BHUM 414N 18/06 19/06 18/06 ANRO JAYAKARTA* 087 18/06 18/06 XETHA BHUM" 283W 18/06
      779 words
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      Page 30 Advertisements Column 2
      352 30 v*mm INDONESIA NATIONAL LINE TO AUSTRALIA a —I"*I I aL msumi mlit/BK/M| »/m !tg» woi»mmb w|n/nn/«|»/»s w/w w/» IVj* j_ Mgririm p/ts»/«J -mm n/» iyi* g£* mwr Itynln/tj*/*!**/**! FEEDER SERVICE TO INDONESIA Y* VOT tfOH wuam nr—MW IWTfH" (MM tn 14/ M 17-U/H IMI/W H-lt/W nuuMKORMi m n/w h-4s/m vn/n
      352 words
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      Page 30 Advertisements Column 3
      683 30 Iveseaa wy w pw. I jed I mla leh rtm ham zbe sot WUIBIWWO S3IW 1W» 19WB 27/06 O»Q6 07/06 OQW6 11/06 12W6 VXEDCVELA WWW 28/06 27A86 OW 0M36 IVO6 IMM 17/06 1M» aOW> VXE DC SHANQHAi H3IW OUB6 08W6 WO6 15)06 21/06 22W6 2M» 2MB WW VXED-OHION Y3IW 06W6
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      61 31 New Advertisers/Services/Agencies [44SCO SHIPPING LINE LIBYA BENGHAZI TRIPOLI See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD NEW GUINEA PACIFIC UNE Our Schedules Are On PG 5 SWIRE SHIPPING AGENCIES PT£ LTD. CWT GLOBELINK INTRODUCES WEEKLY DIRECT GROUPAGE TO SOUTH AMERICAN PORTS PG7 (EVERY TUES) I NEW SERVICE
      61 words
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      Page 33 Advertisements Column 1
      47 33 ITI3II W (Retrieve more schedulesl) Press-r JCV Select the port and key in the four digit code eg: To Wew York (NYC) 2275 s z£) Key in your fax number I j| your phone number Another innovative service offered by rT The document Will be Shipping Times
      47 words
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      127 35 LEGEND: R Thunderstorm Temperature c A\ Shower Weather Wmd direction with speed in knots Ram Cloudy Sky Wove Surface winds are indicated by arrows which fly with Hie wind One ful circle represents colm or light and variable winds One holf Heche represents 5 knots I—» One fuM fleche represents
      127 words
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