The Business Times, 14 May 1999

Microfilm: NL21496
Total Pages: 58
1 58 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES Mn\Ai*ru%' i 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, MAY 14,1999
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  • Article
    MARKET SUMMARY
    59 1 Dsn 12M&83 (-20.19) ml 7MJ6 (-7.97) n SUSO HJTUIES mAmK™s CJ MARKET MOOD: MMMmi STOCK MABKET DIDICBB Thursday Change KLSECOMP +W NIKKEI 16*1& *I» i HANQSENG 1MHJ7 SET INDEX 47i» -M7 JAKARTA OOMP —dosed r MANILACOMP —UttOl 47J1 TAIPEI WP1 7.4MJI -nil SEOUL OOMP 74U7 4LH CL&A CHINA
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  • Article
    FINANCE
    78 1 fOSEX RATES U8t ss OSt L7U6 £(l'S$/S$ per tilt 2.769 EURO(USS/S$ per K) LOtt L8» DM 1.838 8J28 YEN II1J 1.402* RM im 0.449 HKS 7.762 0120 BAHT KM 0.848 8UP1AH im 0.022* St to M units POTE KATES SINGAPORE' 5.8* KUALA LUMPUR I1J8 JAKARTA 18J8 BANGKOK 14.75 manila
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  • Article
    Asian markets shrug off Rubin fears
    665 1  -  Positive data on US inflation likely to buoy market confidence By Louis Beckerling [SINGAPORE] Stockmarkets in Singapore and the region yesterday brushed aside initial fears that the departure of Robert Rubin from the helm of US economic policy might shake investor confidence in the
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  • Article
    Lock icon Dow up 104 at 1pm EDT
    72 1 Bloomberg [NEW YORK] Led by top computer maker IBM, US blue chips rose in the morning yesterday after having lost 26 points on Wednesday. Buoyed by IBM's expectations of strong demand for Internet-related products and services, the Dow Industrial was up 104.53 points at
    Bloomberg  -  72 words
  • Article
    OUB chief takes positive view of SM Lee's warning to banks
    439 1  -  Ton can't just think of doing housing loans in S'pore: Seah By' Wong Wei Kong [SINGAPORE] The warning by Senior Minister Lee Kuan Yew to local banks to buck up should be taken positively, Overseas Union Bank president Peter
    439 words
  • Article, Illustration
    Cabinet re-shuffle
    204 1 The Prime Minister's Office announced yesterday a major reshuffle of the Cabinet, effective June 3. This graphic shows what the new Cabinet will look like. Please turn to Page 4 for reports on the reshuffle. iciuinfla of Portfolio* SMahBowTan flHHUH Aline Wong National Sr Minister of State, Development
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  • Article, Illustration
    Lock icon East Coast Recreation Centre up for sale
    453 1  -  Owners defaulted on OCBC loans; 11 years left on lease By. Ang Wan May THE East Coast Recreation Centre whose tenants include McDonald's has been put up for sale after its owners defaulted on loans owed to OCBC Bank. The three-block entertainment strip
    ARTHUR LEE  -  453 words
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      104 1 mituiß it IBT UK pnvUegßQ Singapore banks are tap- ping into a growing clientele of high net worth individuals, ItiiwiuUye Mosey, EM 16 foaling and watering Hie waltz, cha cha and the lindy hop: dancing is fast gaining social cachet in Singapore much like golf club membership,, ELI UOMTUfTS FOCUS
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      Page 1 Advertisements Column 2
      66 1 A tough act to follow for Larry Summers, Pg 5 The smartest person that Rubin knew, Pg 5 Rabin's legacy, Pg 5 OUB to be active player in S'pore bond market, Pg 16 Come on, Malaysia Rich indeed are the comments coming out of Malaysia over the Clob saga, and
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  • FOCUS ON CLOB
    • Article
      Still far apart on Clob
      868 2 EDITORIAL ONE thing seems to have been forgotten in the saga of the suspended Malaysian shares traded on Singapore's Clob International: how and why this over-the-count-er market was started in the first place. In the past weeks, all manner of accusations have been repeated that
      868 words
    • Article, Illustration
      Lock icon Clob investors should band together to respond: forum
      458 2  -  Ven Sreenivasan [SINGAPORE] Clob investors should organise themselves so that they can respond in a cogent and consistent manner to initiatives and developments pertaining to their frozen Malaysian shares. This was the general consensus which emerged at the end of a two-hour
      CHRIS LOH  -  458 words
    • Article
      Parallel MDR market among ideas suggested
      587 2  -  J&rdine Fleming, Vickers Ballas submitted proposals By Conrad Raj [SINGAPORE] There may be just one offer for Clob shares that by Effective Capital, the vehicle of Kuala Lumpurbased businessman Akbar Khan on the table, but ideas and proposals on how to free the frozen
      587 words
    • Article
      Recalling the heady days of Clob
      600 2  -  Tips were all that mattered and fundamentals were often left at the door By\ Siow Li Sen [SINGAPORE] While Clob investors have been venting their frustration and anguish in the past few weeks and the media running "sob" stories of hard-earned life savings lost,
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    • Article
      Lock icon S'pore has 'moral responsibility' towards investors: Umno Youth
      360 2 Bernama [KUALA LUMPUR] Singapore should not abdicate its moral responsibility towards investors of its former over-the-counter Clob market, Umno Youth said yesterday. The movement's International Affairs Council chairman, Abdul Azim Mohd Zabidi, said the moral responsibility rested on the fact that Clob
      Bernama  -  360 words
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      447 2 For The First Time... KS •11 I'M V»I ('4IV u i l i Plr IVOIV QMy fIV flwil ®Biß Mmmi K 4 ,\1 I Original Lithium Battery u FREE Gary Player tfffffl/r Golf Bag Worth $98 MB MM[IW4 J W 1L JB* with every SirtfM Mobila SIM card* lilt ippHrilion
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  • A BT SPECIAL ADVERTISING FEATURE
    • Article, Illustration
      Paragon's artists' circle
      409 3 WALKING into Paragon has been likened to stepping into an art gallery. The understated elegance of the interior resembles a Piet Mondrian creation, with clean lines and wide angles, thanks to the recent $65 million renovation. Sculptures are on permanent display both in the grand atrium and
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    • Article, Illustration
      A walk through The Art Gallery
      1447 3  -  SUSAN TSANG spends an afternoon admiring the treasures in the galleries of Paragon Shopping Centre at Level 5 SUSAN TSANG IT was my first traipse around Paragon since it reopened in November 1998, and I wandered to the fifth floor, where there is a
      1,447 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      George Yeo, Swee Say at MTI, Mah moves to MND
      589 4  -  CABINET CHANGES HngKiang moves to Health, Yock Suan takes Mita, ENV portfolios By. Anna Teo FIVE of the younger ministers will swap portfolios in the latest Cabinet reshuffle taking effect on June 3. The only newcomer to the front bench
      589 words
    • Article, Illustration
      High flier, 35, tipped as head of new IT board
      506 4  -  By i Catherine Ong YONG Ying-I, a 35-year old high-flying civil servant, is tipped to be the first head of a new statutory board which will come under a revamped Ministry of Communications, industry sources said. In recent weeks, the
      506 words
    • Article
      Simon Cheong buys Lincoln Road flats for $31.5m
      348 4  -  Newhail Apartments sold as redevelopment site By) David Boey THE family of real estate deal-maker Simon Cheong has bought Newhail Apartments on Lincoln Road for $31.52 million, said property consultancy Edmund Tie Company yesterday. Newhail Apartments is a 30-unit five-storey block with
      348 words
    • Article, Illustration
      Lock icon Visa card purchases down 12%
      287 4  -  EYE OH THE ECONOMY Credit spending By'. Eugene Low WITH the economic downturn putting pressure on households' disposable income, the volume of Visa credit card sales dipped in 1998, according to latest figures from Visa International. The volume of purchases and cash transactions made by
      Source: Visa Int'l  -  287 words
    • Article
      Two JLL auctions see half of 26 properties sold
      338 4 HALF the 26 properties up for sale at two Jones Lang LaSalle auctions yesterday were successfully sold, as investors went back into action. Thanks to the active property market crowds of4oo-500 turned up at each session, where all but three properties
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    • Article, Illustration
      Lock icon Swede success: 230 orders for Volvo's S80
      319 4  -  New model has not even been officially launched yet By I Christopher Tan VOLVO distributor S M Motors has garnered about 230 orders for the top-end SBO sedan making it the most successful new Volvo here ever. That may be modest compared to
      CHRIS LOH  -  319 words
    • Article, Illustration
      Lock icon StarHub has prospect list with $100m of business a year
      644 4  -  ItH be disappointed if it doesn't get 30-40% of corporate market in 3 years By' Teh Hooi Ling ELEVEN months before it commences operations, infocommunications company Star Hub already has a prospective pool of corporate customers which will give it
      ARTHUR LEE  -  644 words
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  • CHANGE OG GUARD AT US TREASURY
    • Article
      A tough act to follow for Larry Summers
      705 5  -  HOCK LOCK SIEW Larry Wee AFTER a knee-jerk dip, both Wall Street and the US dollar were little the worse for wear on the news on Wednesday that Robert Rubin had resigned and that, as expected, Lawrence Summers would replace him. So
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    • Article, Illustration
      Lock icon Summers: the smartest person that Rubin knew
      714 5 Greenspan says he has 'extraordinary talent and judgment' Bloomberg, Reuters [WASHINGTON] Robert Rubin frequently introduces Lawrence Summers as "the smartest person I know." Mr Summers will now have to show whether he's learned enough at Mr Rubin's right hand to match his boss's
      Bloomberg,; Reuters; REUTERS  -  714 words
    • Article, Illustration
      Lock icon Rubin's achievements
      556 5 Chronology of a government career Source: Reuters IMS Jan 20: Robert Rubin takes a US$26 million pay cut to leave his post at co-chairman of New York-based investment bank Goldman Sachs to become chairman of newly-elected President Bit! Clinton's National Economic Council. IMS Jan 10: Rubin is named
      Source: Reuters  -  556 words
    • Article
      Japan expects no major change in US policy
      627 5  -  Bnt some officials fear monetary ties could take on more strident tone From, Anthony Rowley in Tokyo JAPANESE leaders yesterday welcomed the US decision to replace Treasury Secretary Robert Rubin with his deputy Lawrence Summers as this will ensure "policy continuity". But
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    • Article
      What they say
      372 5 'There was nothing magic about today. Personally, it's now been six-and-a-half years and I felt inside myself it's time to go back home... I have 11 fishing rods... and will take some time for salmon fishing.' Robert Robio after the resignation 'Everybody believed as long as he
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon Good reception seen for US$2b M'sian bond issue
      702 6  -  Issue expected to be in two tranches, with tennres of 5 and 10 years From Diana Oon Abdullah m Kuala Lumpur MALAYSIA'S US bond issue should be well-received given international investors' current appetite for Asian debt and the low interest-rates environment at
      REUTERS  -  702 words
    • Article
      Lock icon Deflation may linger for a while in Asia
      388 6 Reuters [SINGAPORE] The deflationary trend in Asia is set to linger for a while yet despite the recent upturn in commodity and oil prices, but prices are normalising. While the higher raw material prices will help support prices in the near-term and
      Reuters  -  388 words
    • Article
      Lock icon US$3.2b of Indon bank debt exchanged
      166 6 Reuters [LONDON] Bank Indonesia and Deutsche Bank AG said yesterday more than US$3.2 billion (555.5 billion) of external debt oCJndoneslan banks was tendered by creditors in an exchange to help the country restructure its banking system. "The amount of tendered debt exceeded substantially the
      Reuters  -  166 words
    • Article, Illustration
      Lock icon Capital controls high on Apec agenda
      671 7 M'sia seeking to press its case for regulation while US remains opposed Reuters [LANGKAWI, Malaysia] Asia-Pacific finance ministers gather this week with a debate over capital controls thrust high on the agenda by a defiant host Malaysia. But the US, whose delegation will be
      Reuters; REUTERS  -  671 words
    • Article
      Loosening up
      109 7 KL eases currency rules From May 15: Residents and non-residents do not have to declare the amount of ringgit when they travel if they carry under RMI,OOO. Residents are also exempted from declaring in detail the exact amount in foreign currency carried when they leave the country, if
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    • Article
      Lock icon Malaysia to relax currency declaration
      264 7 Reuters, AFP [KUALA LUMPUR] Malaysia's central bank said yesterday it was relaxing travellers' currency declaration procedures to make them more user-friendly. As part of capital controls imposed in September, travellers were required to declare in detail the exact amount of Malaysian ringgit and foreign currency
      Reuters,; AFP  -  264 words
    • Article
      Lock icon Thai exports down 14% in April as baht gets stronger
      289 7 Bloomberg [BANGKOK] Thailand's April exports fell 14 per cent from March as a stronger baht dented the competitiveness of electronics exporters. Exports in the first four months of this year shrank about 3 per cent compared with the same period
      Bloomberg  -  289 words
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      765 6 THE ASAHI BANK, LTD. INCORPORATED IN JAPAN NONCONSOUDATED BALANCE SHEETS NONCONSOUDATED STATEMENTS 31st March, 1998 and 1997 OF OPERATIONS 31st March, 1998 and 1997 Millions of yen 1998 1997" Million, of yen Asxts 1998 1997 Cash and due from banks V 1,412,241 V 2,208,079 laconic Call loans 95,447 113,563 Interest
      765 words
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      1056 6 HanJln Zhong Xln Pharmaceutical Group Corporation Limited NOTICE IS HEREBY GIVEN that the 1998 Annual General Meeting of the Company w« be held at Ihe Tianpn Geneva Hotel Tianpn People's Republc of China on Monday, 28 June 1999 at 9.00 am. to transact Ihe Mowing businesses: 1. lb receive and
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      420 7 Knotty Orientals await your bidding this Sunday SUNDAY, 16 MAY 1999 TUDOR BALLROOM, GOODWOOD PARK HOTEL I VIEWING: 10AM I 1 .45AM AUCTION: 1 2PM SHARP Our latest shipment of finely-knotted carpets and flatweaves from Persia, Russia and Central Asia will go under the hammer at the lowest I ever
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia shelves Indosat share sale
      511 8 JAKARTA Foreign investors torn wary after USs4oom sale of Telkom last week Bloomberg INDONESIA retreated from a sale of about US$2OO million (*****.9 million) worth of its stake in PT Indosat, Indonesia's main international phone company, because foreign investors proved to be wary about buying
      Bloomberg  -  511 words
    • Article
      Lock icon Blue chip, state asset sale may reap 5b pesos for Manila
      283 8 MANILA Reuters THE Philippines hopes to generate at least five billion pesos (*****.9 million) this year from the sale of its shares in several blue chip stocks and other state assets, a senior government official said yesterday. Budget Secretary
      Reuters  -  283 words
    • Article, Illustration
      Lock icon Peace march in East Timor
      75 8 [DILI, East Timor] Bast Timorese nuns holding candles during a march through the capital, Dili, yesterday to call for an end to killings in the troubled territory. More than one thousand people joined the procession led by East Timor's Bishop Carlos Belo. Bishop Belo on
      REUTERS  -  75 words
    • Article
      Lock icon Indonesia secures stocks of essentials ahead of June polls
      438 8 JAKARTA Threat of unrest could disrupt transport of goods Reuters INDONESIA has pledged to secure stocks of basic essentials as the country prepares for its first democratic general elections in 30 years next month amid fears of unrest, trade and government
      Reuters  -  438 words
    • Article
      Lock icon Golkar's choice hinges on Suharto update
      218 8 JAKARTA Delay over probe pats pressure on Habibie and party AFP, Reuters THE nomination of President BJ Habibie as the ruling Golkar party's presidential candidate was contingent on the corruption probe into former president Suharto, a party executive was reported saying. Golkar has been
      AFP,; Reuters  -  218 words
    • Article
      Lock icon Megawati's party hints at trade restrictions
      365 8 JAKARTA Survey finds PDIP favours limits on foreign investors FT INDONESIA'S opposition party has yet to reveal its party programme for next month's general election but the supporters of Megawati Sukarnoputri have indicated that they favour restrictions on foreign investors and free trade. In
      FT  -  365 words
    • Article
      Lock icon Mahathir, Habibie to meet
      94 8 KUALA LUMPUR Bridge News MALAYSIAN Prime Minister Mahathir Mohamad will meet Indonesian President BJ Habibie on Batam Island on May 20, a spokesman for Dr Mahathir said. Indonesian reports said the two leaders will discuss bilateral and regional issues. "That (the meeting) is being planned at
      Bridge News  -  94 words
    • Article
      Lock icon Exports of Viet state firms fall 9%
      153 8 HANOI AFP VIETNAM'S state-owned firms have been hard hit by a slump in foreign demand, registering a 9.5 per cent plunge in exports to US$229 million (Ss39o million) in the first four months, the official press said yesterday. All mayor companies controlled by
      AFP  -  153 words
    • NOTE Book
      • Article
        Lock icon Full rest prescribed for Thai King
        81 8 AFP [BANGKOK] Doctors have prescribed a fall rest for Thailand's revered King Bhumibol Adulyadej alter he was diagnoeed with a benign tumour, a Royal Household Bureau statement said yesterday. The King, 71, was admitted to hospital on Tuesday for a checkup. Doctors examined his
        AFP  -  81 words
      • Article
        Lock icon Umno moves to head off opposition
        65 8 AFP [KUALA LUMPUR] Malaysia's ruling United Malays National Organisation yesterday warned its 2.7 million members to be on guard against the growing influence of opposition parties. Information Minister Mohamed Rahmat said there was a sentiment among Umno's women members to sympathise with opposition leaders,
        AFP  -  65 words
      • Article
        Lock icon Philippines approves smelter sale
        73 8 Ratters [MANILA] Finance Secretary Edgardo Eapiritu said yesterday that the Committee on Privatisation has approved the sale of the government's stake in Philippine Associated Smelting and Refining Corp (Pasar) to Copper Smelting Investment. Copper Smelting is a joint venture betwoen a local businessman and the Swiss-based
        Ratters  -  73 words
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      95 8 From now until 30 September '99, our special 4 day, 3 night deluxe holiday offer gives golfers two rounds on a magnificent 18-hole Jack Nicklaus course. Spring City Golf Lake Resort is a top Asian golfing retreat with immaculate five-star facilities. Your package will include twin-sharing deluxe accommodation with a
      95 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China bank reforms working, says World Bank
      372 9 BEIJING AFP CHINA'S banking reforms are beginning to show results, with state-owned banks starting to act as commercial entities, the head of the World Bank's investment arm in Beijing said yesterday. The establishment of Cinda Asset Management Corp to take over the non-performing
      AFP  -  372 words
    • Article
      Lock icon Chinese exports down 7% in April
      241 9 BEIJING Sales to Asia still weak, trade surplus shrinks 80% Bloomberg CHINA'S exports in April totaled US$l4.B billion (5125.5 billion), falling 7.3 per cent compared with the same month a year ago, as sales to Asia remained weak, the Xinhua news agency reported. Imports
      Bloomberg  -  241 words
    • Article
      Asia's top govt, business leaders meet in HK next week
      263 9  -  Fromi Quak Hiang Whai in Hongkong GOVERNMENT and business leaders from Asia will converge next week at the CLSA Global Emerging Markets investment conference here to discuss political, economic and corporate developments in the region. To be kicked off by
      263 words
    • Article, Illustration
      Lock icon Sino-US gap over China's WTO entry remains wide: Brittan
      454 9 HONGKONG Chinese anger over Nato bombing seen unlikely to affect its membership bid Reuters EUROPEAN Trade Commissioner Leon Brittan said yesterday that a wide gap remained between China and the United States over what concessions were necessary for Beijing to join
      Reuters; AFP  -  454 words
    • Article
      Lock icon Beijing lashes back at US charge of 'exploitation'
      295 9 BEIJING AFP CHINA hit out on yesterday at US Defence Secretary William Cohen who accused Beijing of fanning the flames of anti-US protests against Nato's bombing of the Chinese embassy in Belgrade. "The Defence Secretary of the United States, regardless of the
      AFP  -  295 words
    • Article
      Lock icon China Telecom HK eyes sister networks
      178 9 BEIJING Reuters [BEIJING] China Telecom (Hong Kong) has set its sights on acquiring cellular networks across China following the planned breakup of its state-owned parent China Telecom, company vice-chair-man Li Ping said yesterday. "If it's over a million subscribers, the capacity of the network
      Reuters  -  178 words
    • Article
      Lock icon Beijing suspends Sedgwick for three months
      185 9 SHANGHAI Move is part of crackdown against insurer brokers' ops Reuters CHINA punished insurance firm Sedgwick as part of a broader crackdown on the operations of insurance brokers, industry officials and state media said yesterday. US-based Marsh McLennan, the world's largest insurance broker, acquired
      Reuters  -  185 words
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  • ASIA
    • Article
      Lock icon Japan to lose edge if no reform: business group head
      257 10 TOKYO Bloomberg THE president of Toyota Motor Corp, Japan's largest manufacturer, said Japan will lose its competitive advantage if it tries to avoid the pain associated with revitalising an economy now in its worst recession in more than 50 years.
      Bloomberg  -  257 words
    • Article
      Lock icon Agreement to merge Samsung, Daewoo units close to collapse
      490 10 SEOUL Daewoo Electronics now seeking investment from US firm: president Bloomberg SAMSUNG and Daewoo Groups, two of South Korea's biggest conglomerates, said an agreement to merge their electronics units is on the verge of collapse because the two sides can't agree
      Bloomberg  -  490 words
    • Article, Illustration
      Lock icon Still life walking
      77 10 [SYDNEY] Susie Quinn (left) and Peter Duggan, installation workers at Sydney's New South Wales Art Gallery, struggling to carry one of thefive plastic models of South Korean policemen into position yesterday for an upcoming major contemporary exhibition titled "The Slowness of Speed". The exhibition, open to the
      REUTERS  -  77 words
    • Article
      Lock icon Internet users in Asia seen rising 35% a year
      254 10 SINGAPORE IDC says Internet commerce will hit USs32.6b by 2003 Bloomberg THE number of Internet users in Asia outside of Japan are expected to expand at 35 per cent a year until 2003 to reach 57.5 million customers then, market researcher
      Bloomberg  -  254 words
    • Article
      Lock icon Korea invites fresh offers for sale of Korea First Bank
      342 10 SEOUL Bank gets more fands as talks with Newbridge stall AFP SOUTH Korea yesterday virtually abandoned protracted talks with Newbridge Capital to sell troubled Korea First Bank to the US consortium, inviting other foreign investors to join in the auction.
      AFP  -  342 words
    • Article, Illustration
      Lock icon Foreign giants target rural India market
      373 11 NEW DELHI Philips, Lever see huge potential with toners'incomes op AFP FOREIGN companies are launching a major assault on India's rural consumers, who make up one of the world's largest untapped markets. A recent study by the National Council of Applied Economic Research, an
      AFP; FILE PHOTO  -  373 words
    • Article
      Lock icon Indian economy picks up on budget measures
      277 11 BANGALORE Excise collection is up 20% and markets have responded -Reuters INDIAN Finance Secretary Vijay Kelkar has said that the policy measures taken by the government in the budget for 1999/2000 had begun to show results and the economy was beginning to look
      -Reuters  -  277 words
    • Article
      Lock icon Moody's says it won't raise Australia's rating soon
      263 11 SYDNEY Bloomberg AUSTRALIA'S credit rating will not be raised anytime soon because the current account deficit Is too big, Moody's Investors Service said yesterday, countering expectations that rival Standard Poor's Corp may raise its rating. In its Budget on Tuesday, the government
      Bloomberg  -  263 words
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      46 10 I To get I I inside I To your way through these to have a guide who knows the terrain •Jp no one the Far Eastern Economic Review. The Review's in-depth coverage are unmatched by any the we merely news we an year F to OUR
      46 words
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      192 11 This announcement appears as a matter of record only. OUB SOVEREIGN EMERGING MARKETS CBO II LIMITED U*****,237,474 Collateralised Bond Obligation Backed by a portfolio of sovereign emerging markets bonds Collateral Manager OUB Asset Management Ltd Advisor DOMINICK COMPANY AC Arranger Placement Agent BEAR STEARNS These securities will not be registered
      192 words
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      Page 11 Advertisements Column 2
      214 11 II |gl FAR EAST ORGANIZATION II DEVELOPMENT STTES WANTED 11 Our Organization is looking for development I I sites in the city area or suburbs for 11 11 development of high-rise and low-rise 11 I I condominiums, flats, bungalows, semi- 11 II detached bungalows, terrace houses, office 11 11 buildings
      214 words
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      1223 12 ha n i| 5\ j il wm^w*^ Despite continiiing economic uncertainty in the region and difficult trading conditions, the Group performed well, enjoying strong growth in turnover and profit. The regional markets of Vietnam and Myanmar performed above expectations during the year, this was achieved by close co-operation between the
      1,223 words
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  • THE WORLD
    • Article
      Lock icon AT&T's loan spurs credit default swaps
      262 13 NEW YORK -Bloomberg SOME of the 18 banks that rushed to arrange AT&T Corp's record US$3O billion (5551.1 billion) loan in late April, are moving fast to reduce their risk with credit default swaps. Banks and other investors agreed to more than US$2 billion
      -Bloomberg  -  262 words
    • Article
      Lock icon US producer prices up 0.5% in April
      466 13 WASHINGTON Bat core PPI rate rose just 0.1% which suggests underlying inflation is tame Bloomberg, Reuters PRICES paid to US factories, farmers and other producers increased as expected in April, pushed higher by the biggest gain in oil prices since the 1990 Persian
      Bloomberg,; Reuters  -  466 words
    • Article, Illustration
      Lock icon Helping hands, of sorts
      28 13 [KOSOVO] German soldiers blowing in plastic gloves to offer them to ethnic Albanian children from Kosovo on Wednesday at the Cegrane refugee camp. AFP
      AFP  -  28 words
    • Article
      Lock icon Yeltsin impeachment debate starts
      232 13 MOSCOW Bloomberg THE battle between Russia's president and Parliament escalated yesterday as legislators began debating impeachment charges, a move aimed at forcing President Boris Yeltsin from office before his term expires next year. The 68-year-old president increased the stakes yesterday by ousting former Prime Minister Yevgeny
      Bloomberg  -  232 words
    • Article
      Lock icon US House votes to limit businesses' Y2K liability
      403 13 WASHINGTON But White House against protection it sees as too strong Bloomberg THE US House of Representatives passed a bill limiting companies' legal liability for year 2000 computer glitches, shrugging off a White House veto threat as it advanced one of the
      Bloomberg  -  403 words
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      135 13 No Mystique Magnificient Investment A Good Persian Carpet has a charisma which derives from an aesthetic fusion of design, artistry, technical construction, durability, symbolism, history and age. The better the carpet the more powerful the charisma and, additional factors come into play such as, Rarity, Intellectual Clarity and Condition. Moreover,
      135 words
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      Page 13 Advertisements Column 2
      847 13 A THE DAI-ICHI KANGYO BANK, LIMITED (INCORPORATED IN JAPAN) NON-CONSOLIDATED BALANCE SHEETS NON-CONSOLIDATED STATEMENTS OF INCOME March 31,1998 and 1997 Years ended Morch 31,1998 and 1997 Mrfbons of yon u* .j 1998 1997 umamatym ASSETS 1998 1997 Cash and Due from Banks 2,823,726 4,025,038 NCOME Call Loans 401,975 385,398 Interest
      847 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Thailand must keep out of Supachai's fight
      778 14  -  THE BOTTOMLDfE OPINION By Tye Kim Khiat The writer is BT's deputy foreign news editor IT IS almost excruciating to see Thailand's Supachai Panitchpakdi and New Zealand's Mike Moore stubbornly slugging it out for the title of World Trade Organisation (WTO) director-general Not
      778 words
    • Article
      IN OTHER WORDS
      129 14 The question of economic strategy, even today, nine months later, is still open. I am convinced that procrastination and delay is the most serious blow today to stability in the economy and the social sphere.' Boris Yeltsin Russian president, on why he sacked Prime Minister Yevgeny Primakov,
      129 words
    • Article, Illustration
      Lock icon Why S'pore must become a knowledge economy
      1990 14 The following are extracts of Tuesday's speech by Prime Minister Goh Chok Tong to the Nanyang Technological University Students' Union. WHITHER our economy? There is only one way to go globalise as a knowledge economy. To succeed as a global economy, we need
      FILE PHOTO  -  1,990 words
    • Article, Illustration
      Lock icon Soon we'll be able to trade by yelling out the window
      747 14  -  COMMENTARY By Robert Reno Newsday IF THE United States stock market continues to defy history and gravity much longer, we will soon have raised half a generation of investors who never knew a bear market. And the rest of
      Newsday  -  747 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Waterbank to call re-tender of Garlick Ave site
      371 15  -  New tender to cash in on rising prices after Karch tender bids of $50m By Lilian Ang [SINGAPORE] Waterbank Properties is planning to call a re-tender of its cluster housing site at Garlick Avenue to cash in on rising prices of private
      FILS PHOTO  -  371 words
    • Article
      CityDev landbank grows to 5.46 m sq ft
      153 15 [SINGAPORE] With its latest acquisition of a land parcel in Upper Changi, City Developments Ltd now has a landbank of 5.46 million square feet. The new acquisition represents an increase of "more than 14 per cent" from the site area of 4.8
      153 words
    • Article
      Avimo interim surges 24%, beating forecasts
      403 15  -  By, Annette Pau [SINGAPORE] Avimo Group yesterday said its net earnings for the six months to March jumped 23.5 per cent to $9 million, exceeding analysts' forecasts. For FY99 ending September, analysts predicted a 17 per cent jump in net profits to $17.8 mil-
      403 words
    • Article
      Lock icon Mutual fund firm to sell DBS Thai Danu securities
      153 15 Bridge News DBS Thai Danu Pic appointed yesterday a mutual fund firm to sell its new securities worth a total of 6.667 billion baht (*****.1 million) which will be available to investors from May 17-27, the bank said yesterday in a
      Bridge News  -  153 words
    • Article
      Rothmans earnings soar 30.8% to $73.2m
      399 15  -  By* Corinne Kerk [SINGAPORE] In spite of the regional economic slowdown, Rothmans Industries yesterday reported a 30.8 per cent growth in net earnings to $73.2 million for the year ended March 31. Turnover rose 14.4 per cent to $403.8 million. The tobacco company attributed
      399 words
    • Article, Illustration
      PacNet to enter telephony market
      405 15  -  It plans to offer callback services in S'pore this year Ry Teh Hooi Ling [SINGAPORE] Nasdaq-listed Internet service provider Pacific Internet is entering the telephony business with plans to offer callback services in Singapore this year. "We are going into the telephony market. We have
      405 words
    • Article
      Corrections and clarifications
      71 15 YESTERDAY'S report "CityDev landbank lead not as big as thought" used a wrong figure for the landbank of Allgreen Properties. Allgreen's landbank, based on its recent IPO prospectus, is 1.74 million sq ft, and not 4.7 million sq ft. This is much smaller than CityDev's 4.8 million
      71 words
    • COMPANIES
      • Article
        Barang Barang to have more stores, eyes China
        271 16 [SINGAPORE] Homegrown furnishing chain Barang Barang Pte Ltd, which is expanding its product range, plans to open two more stores in Singapore and forge into the China market in the next few years. Managing director Sonny Boey yesterday told BT the company
        271 words
      • Article, Illustration
        Lock icon Local retail market opens new revenue doors for KLW
        531 16  -  Door maker sees it generating 10-20% of turnover in two to three years Reports by Rahita Elias [SINGAPORE] Sesdaq-listed KLW Holdings is opening new doors with its entry into the local retail market. The door maker officially opened its 90-sq-m shop
        SIEW YAW HOONG  -  531 words
      • Article, Illustration
        OUB to play active part in growing bond market
        446 16  -  It's biggest manager ofCßOsinS'pore with its 2nd issue By Wong Wei Kong [SINGAPORE] Overseas Union Bank will be an active player in the development of the Singapore bond market, its president Peter Seah said yesterday. "You can expect a lot of
        446 words
      • Article
        Lock icon M'sian businessman set to buy Sydney hotel
        161 16 Bernama [MELBOURNE] Malaysian accountant-turned-entrepre-neur Jimmy Goh is set to acquire The Wharf Hotel at Woolloomooloo, an inner Sydney suburb, in a deal reported to be worth close to As3o million (5534.1 million). According to the Australian Financial Review, Mr Goh has linked up
        Bernama  -  161 words
      • Article
        Lock icon Petronas Dagangan pre-tax profit up 44.3%
        369 16 Group turnover dips on lower demand for petroleum products Bernama, Reuters [KUALA LUMPUR] Petronas Dagangan Bhd, a listed unit of Petronas, reported a 44.3 per cent increase in its group pre-tax profit 0f362.30 million Malaysian ringgit (*****.5 million) for the year ended March 31,
        Bernama,; Reuters  -  369 words
      • Article
        Lock icon KL has final say on Telekom stake sale, says CEO
        353 16 Talk of sale to NTT, Microsoft, sees share price surge Bloomberg [KUALA LUMPUR] Malaysia's government has the final say on whether to Invite foreign investors to buy minority stakes in Telekom Malaysia Bhd, said chief executive Mohamed Said Mohamed All.
        Bloomberg  -  353 words
      • Article
        Keppel completes purchase of KIE shares
        197 16  -  Cross share-holdings in 2 listed units now dissolved By 1 Teh Hooi Ling [SINGAPORE] Keppel Corp yesterday said it has completed the purchase of Keppel Integrated Engineering (KIE) shares from subsidiaries Keppel Land, Keppel Fels and Keppel Marine Industries. The audit committee of Keppel
        197 words
      • Article
        Lock icon San Miguel in joint venture talks with Marubeni
        144 16 Reuters [MANILA] Food and beverage conglomerate San Miguel Corp (SMC) said yesterday that it had signed an agreement with Marubeni Corp for a possible joint venture. San Miguel issued the statement to the Philippine Stock Exchange after its shares rose on Wednesday
        Reuters  -  144 words
      • COMPANY Briefs
        • Article
          Wee Poh:Yen Yee deal at arm's length
          81 16 [SINGAPORE] Wee Poh Holdings said its audit committee has confirmed that its transaction with Yto Yee Construction was conducted at arm's length and on normal commercial twins, and is not prejudicial to its x minority shareholders. The company had sub-contracted the construction works
          81 words
        • Article
          Lock icon Hong Leong ups stake in Hwa Hong
          96 16 Reuters [SINGAPORE] Hong Leong Investment Holdings Pte Ltd has boughts4s,oooshares of insurance and property group Hwa Hong Corp at 1L99 each. Hwa Hong said Hong Leong increased its stake to 9.28 per cent or 14.91 million shares from 8.92 per cent after a
          Reuters  -  96 words
        • Article
          CM Telecom in talks on ABC paging unit
          49 16 [SINGAPORE] Hongkong and Singapore-listed CM Telecom International said a wholly-owned subsidiary is currently negotiating to acquire the paging business of ABC Communications. The business is operated by ABC's wholly-owned subsidiary. Directors intend to finalise the terms of the acquisition by end-June.
          49 words
        • Article
          Lock icon Wave of Philippine mergers expected
          72 16 Reuters [MANILA] Leading Philippine banks will be in the hunt for acquisitions now that two domestic rivals have agreed to merge, analysts said yesterday. Wednesday's announcement that Equitable Bank Corp will buy 72 per cent of Pa Bank for US$B5O million (811.4 billion) is sure
          Reuters  -  72 words
      • Article
        Lock icon E-commerce adds US$20b in annual sales, says IBM
        444 19 Firm plans to quit memory business in five years: chairman Bloomberg [NEW YORK] International Business Machines Corp chairman and chief executive Louis Gerstner said the company gets US$2O billion (Ss34 billion), or about a quarter of its annual revenue, from electronic business.
        Bloomberg  -  444 words
      • Article
        Lock icon Europe's profits brighten across most sectors
        393 19 Profits expected to grow average of 11% this year, 15% next Reuters [LONDON] Europe's corporate profits outlook is brightening across most sectors as a clearer picture emerges following first-quarter earnings reports, but parts of the consumer goods sector remain a blackspot. At the start
        Reuters  -  393 words
      • Article, Illustration
        Lock icon Starbucks shares rise on hint of Internet expansion
        399 19 FT, Bloomberg [NEW YORK] Shares in Starbucks Coffee Company, the US$7.5 billion (5512.8 billion) retailing empire founded on America's addiction to caffeine, rose on Wednesday as it became the latest company to be targeted as a potential Internet play. Speculation that it
        FT,; Bloomberg; REUTERS  -  399 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Lehman thinks Tricom will outperform
        207 18 Reuters [HONGKONG] Tricom Holdings Ltd has the potential to become a leading Internet company in Asia, said Lehman Brothers, which has initiated coverage of the stock with an "outperform" after meetings with Tricom management. "In our view, the management team is creating an Internet focused
        Reuters  -  207 words
      • Article, Illustration
        Lock icon Nintendo's new video game system to feature IBM brain
        520 18 USslb deal heats up the race for dominance in video game market Reuters, FT, Bloomberg [LOS ANGELES] Japan's Nintendo Co on Wednesday said it has enlisted International Business Machines Corp to make a powerful new chip for its next-generation game system
        Reuters,; FT,; Bloomberg; AFP  -  520 words
      • Article
        Lock icon Japan realtor Mitsubishi Estate posts poor profits
        361 18 It plans to cnt workforce 10% by natural attrition Reuters [TOKYO] Leading Japanese realtor Mitsubishi Estate Co Ltd said yesterday it managed to raise parent current profit by just over 10 per cent last financial year but the business climate remained shaky. Mitsubishi
        Reuters  -  361 words
      • Article
        Lock icon TDK profit down 52% in Q4 on stronger yen
        413 18 Results also hit by lower demand for audio-visual equipment parts Bloomberg [TOKYO] TDK Corp, a maker of magnetic parts used in computer hard-disk drives, indicated that earnings fell 52 per cent in the fourth quarter because of a stronger yen and
        Bloomberg  -  413 words
      • Article, Illustration
        Lock icon Templeton slams HSBC over share placement
        154 18 Existing holders not given pre-emptive rights, it says Bridge News [HONGKONG] Mark Mobius, head of emerging markets investment at Templeton Asset Management, said the firm is dissatisfied with HSBC Holdings pic's recent US$3,OOB billion (Sss.l billion) share placement, describing it as not protective of
        Bridge News; FILE PHOTO  -  154 words
      • Article
        Lock icon Honda 4th qtr profit seen 5.5% lower
        413 18 Fall will end three straight quarters of record gain for Japanese carmaker Bloomberg [TOKYO] Honda Motor Co, Japan's third-largest automaker, may see its string of three straight quarters of record profit broken in the Jan-uary-March period as the yen strengthened and cut into
        Bloomberg  -  413 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Silver demand set to grow 3.3% in '99: research group CPM
        261 20 Bloomberg [NEW YORK] World silver demand is growing three times faster than was expected just three months ago, as cheap supplies spurred sales to makers of jewellery and photographic film, CPM Group said. Demand will outpace supply by about
        Bloomberg  -  261 words
      • Article
        Simex offers rebates in bid to revive Himsci
        443 20  -  Record volumes in other contracts lead to near-doubling of prices of seats By I Siow Li Sen [SINGAPORE] The Singapore International Monetary Exchange (Simex) is offering rebates and credits in a bid to revive its stalled Hongkong equity index contract even as
        443 words
      • SMALL Change
        • Article
          Lock icon Strong interest in Thai bank's securities
          103 20 Bridge News [BANGKOK] Thai Military Bank pic (TMB) is confident that the strong interest shown in it® issue of 12 billion baht (*****L7 million) of new securities will result in an over subscription, TMB president Thanong Bidaya said yesterday in a statement. He said
          Bridge News  -  103 words
        • Article
          Lock icon Hana Bank's US$100m FRN sale
          77 20 Bloomberg [HONGKONG] Hana Bank, one of South Korea's most profitable lenders, has completed its sale of US$lOO million (*****.4 million) in floating rate notes, one of the biggest transactions of its type in that country—and with the longest maturity—since 1987. Twenty-two banks agreed to lend
          Bloomberg  -  77 words
        • Article
          Lock icon ANZ unit launches US$5b debt paper
          75 20 Bloomberg [MELBOURNE] Australia New Zealand Investment Bank, a unit of Australia's fourth biggest banking group, said yesterday that it has launched a US$5 billion (SsB.s billion) commercial paper securitiaatiQn vehicle, the first time the bank has entered the US market. Coast Asset Corporation, as
          Bloomberg  -  75 words
      • Article
        Lock icon Sanwa's Universal, Taiheiyo merge
        437 20 Deal will create Japan's 7th-largest securities firm, says report; shares surge Bloomberg [TOKYO] Sanwa Bank affiliate Universal Securities Co said it will merge with Taiheiyo Securities Co, extending its reach into Japan's growing mutual fund market. Sanwa, Japan's fifth-larg-est lender, earlier this year bought 30 per
        Bloomberg  -  437 words
      • Article, Illustration
        Lock icon US Midwest tornadoes seen costing US insurers US$1.5b
        411 20 QkllhOU damage worst with USs9ssm insured loss Reuters [NEW YORK] US insurers are expected to pay at least U551,485 billion (552.5 billion) for damage from the killer tornadoes that struck the Midwest last week a record for a US tornado catastrophe, according
        Reuters; REUTERS  -  411 words
      • Article
        Lock icon Nomura Research Institute to list by mid-2000
        349 20 Bloomberg [TOKYO] Nomura Research Institute Ltd, a US$l.l billion (551.87 billion) consulting subsidiary of Japan's largest brokerage house, will list its shares on the Tokyo Stock Exchange by the middle of next year, a company official said. The institute, known as NRI, specialises
        Bloomberg  -  349 words
      • Article
        Futures continue to trade lower
        153 21  -  ffi Reports MSCI Singapore Index Edward Cheung, Jardine Fleming THE MSCI Singapore Index continued its fall as the benchmark three-month interbank rate rose 6.25 basis points to 1.6875 per cent. Interest rate sensitive stocks dragged the index low-1 er on concerns about further Singapore rate
        153 words
      • Article
        Futures fall on concerns over Nasdaq rallies
        170 21  -  WBtHTaiwan Mores Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures plummeted 3.5 points on the May *99 contract. Investors here were cautious about the ongoing rallies of the US Nasdaq Composite Index and were wondering how much upside
        170 words
      • Article
        Lock icon Britain lowers its estimate of remaining oil reserves by 10%
        327 21 ENERGY REPORT Reuters [LONDON] The British government yesterday said it had revised down its estimate of the country's remaining oil reserves by 10 per cent compared to a year ago. Britain's oil reserves were estimated at 1.8 billion tonnes at
        Reuters  -  327 words
      • Article
        Lock icon CURRENCY REPORT
        307 21 Reuters London THE euro slid to one-week lows against the dollar yesterday and was seen at risk of extending losses through US$l.O6 and towards lifetime lows. The single currency is being undermined by concern about political upheaval in Russia, particularly given the country's involvement in trying to broker
        Reuters  -  307 words
      • Article, Illustration
        Untitled
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        1,116 words
      • Article
        Untitled
        1354 21 SICOH FUTURES 13 ERSSSSK^X"" CM. mm. «g Wgk Uw Stft (tornm) Marast rr= SSs j» jDf) tOMO 778 tm99 106.75 375 2*» W.75 275 S1&99 M.00 1*00 JJg 300 COO «25S mSS =5 I 55:55 H I? S« 62.00 62.00 62.00 300 I960 a""S m on OS w _.£S ra
        1,354 words
    • Article, Illustration
      Lock icon HONGKONG
      1332 22 AFP HI Hang Seng +40.7 HONGKONG share prices rose 0.3 per cent yesterday on selective buying despite a weaker close on the US market after the resignation of Treasury Secretary Robert Rubin, dealers said. "Trading is mixed. There is some selective bargainhunting," said Sean Li, associate director at Amsteel
      AFP  -  1,332 words
    • Article, Illustration
      Lock icon CHINA
      492 22 Reuters yiShemhaißlaigi +QSR SHENZHEN'S hard currency B shares ended firmer yesterday, chasing recent gains in Shanghai as worries of an economic fallout from Nato's bombing of the Chinese embassy in Yugoslavia eased. The B share index rose 0.97 point to 56.13 on turnover of HK18.9 million, down from HK$l2.B
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  492 words
    • Article
      Lock icon TAIPEI
      311 22 AFP -3121 TAIWAN share prices closed 0.4 per cent lower yesterday in thin trading amid cautious sentiment, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 32.21 points to 7,416.20 on a turnover of NT169.58 billion. "There was no volume because investors were reluctant to join trading when
      AFP  -  311 words
    • Article
      WORLD STOCK MARKETS
      1807 22 Industrials tbgO *h 31 Group 7-24 0.04 Abbey National 13.75 0.33 A B Foods 4.96 0.18 A B Ports 2.85 -0.01 Alliance 6 Leicester 8.72 0.13 AIM Zurich 7.95 023 Anglo American Gold 39 .50 -0.10 ASOA Group 187 unch Bank of Scotland 9.08 0.53 Barclays 18.70
      1,807 words
    • Article
      Lock icon TOKYO
      1537 22 AFP Q Nikkei 225 -MJI SHARE prices in Tokyo edged down 0.6 per cent yesterday as the resignation of US Treasury Secretary Robert Rubin pushed investors to the sidelines in sluggish trading pressured by profit-taking, brokers said. Brokerage dealers, who deal on their companies' accounts, also took a wait-and-see
      AFP  -  1,537 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8174 23 Cmmmt prefects 1W Last val Day Nat Cap H>q» Law Campawy 8* *000 HN» L— W >mM 330 253 Ajlnomoto 310 unci. 3 310 310 17.1 125.6 86 46 Anqkasa 79 uneh 21 80 78 JJ6-5 283 220 Apollo Food Hlq 254 W16 204 115 BarJayaLand 156 -3 1037 158
        8,174 words
      • Article, Illustration
        Lock icon Market up again, propelled by bond issue news
        318 23 AFP P Composite Index +655 MALAYSIAN share prices closed 1.3 per cent higher yesterday led by news that Malaysia has put in the necessary groundwork for a US$2 billion (553.4 billion) bond issue, dealers said. Dealers said raising that much money was
        AFP  -  318 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2170 24 52-Wk Last VM Day Laat Ouata Avg HMi Lw Stna Cw»wy i«H C000» High La* Buyar WW 25 3 s 3160 A Acar ******1 US$ 23.5 lie 2X5 223 223 215 35.5 4.5 t 3164 Acma ******4 30 -1 515 30.5 29 29.5 30 31 30 16 S 3161 AIITach
        2,170 words
      • Article
        Uraco wrt: optimism may be warranted
        185 24  -  WARRANT WATCH -By Louis Beckerling THE Uraco Holdings share and warrant were heavily traded yesterday, with volumes of some 22 million and 6.6 million respectively. The share closed up 2.5 cents at 42 cents, after hitting a fresh 52week high of 43.5 cents, while
        185 words
      • Article
        CLOB INTERNATIONAL
        218 24 NONtKOM stocks Cr Or S2-Wk Last Vol Day LMt Ouott My Ohr *M Nat M Cap High Law Stno Camp any Sata rOOO) M0i Lav Buyar Mar C*w Ptl iai 345 173 5123 CDLC2000)H« 325 >d *5 10 325 325 310 330 8 3.7 2.5 tl 6292 5
        218 words
    • Article, Illustration
      Lock icon BANGKOK
      901 24 AFP D SET Index -M 7 THAI share prices fell 2 per cent yesterday on continued profit-taking led by the banking and finance sectors, with many investors sidelined awaiting fresh leads, analysts said. The selling was mostly by local retail investors while foreigners were largely inactive ahead of next
      AFP  -  901 words
    • Article
      Lock icon MANILA
      301 24 AFP Quail* -57.51 PHILIPPINE share prices closed 2.2 per cent lower yesterday as investors locked in profits a day after the key index reached a new 21-month high and two banks announced a US$B4B million merger. The Philippine Stock Exchange Composite Index lost 57.51 points to 2,522.01 points. Magaworld
      AFP  -  301 words
    • Article
      Lock icon SEOUL
      389 24 AFP Q Composite Index -30.76 SOUTH Korean share prices closed 4 per cent lower yesterday in weak trading amid concerns about firmer money market rates and escalating labour strikes, dealers said. Hyundai Securities dealer Yoo Yong Shik said institutions were likely to maintain selling positions in futures fQr arbitrage
      AFP  -  389 words
    • Article
      Lock icon SYDNEY
      656 24 AFP FlADOrijnariM *1U AUSTRALIA'S share market closed up 0.5 per cent yesterday after a moderately lower close on Wall Street and a mixed performance by blue-chip stocks, brokers said. The All Ordinaries Index closed up 14.6 points at 3,029.60. The All Industrials Index finished 29.7 points higher at 5,316.70
      AFP  -  656 words
    • Article
      Lock icon WELLINGTON
      290 24 AFP QWeUington +23J6 NEW Zealand share prices closed up 1.1 per cent yesterday amid gains in most leading stocks. The NZSE-40 Capital Index ended 23.65 points higher at 2,219.15 on turnover of NZ5177.6 million. Advancing stocks outweighed losers by 55 to 40.— AFP N*V0 JH$ COM) Advantag# HOS 1.53
      AFP  -  290 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5825 25 Trans.i( tion ilatr M.i\ I Br Or M Wt —-t. a •<• —'"u. JT'as, *8 <£ S w a& immmmm 127 WalWIMPNl 120 Cd unch 7M 120 JT 119 120 to >j 9.8 1M3 >20 41 28 C 1217 MHwciTMl M -2 1 M.
      5,825 words
    • Article
      SESDAQ
      1214 25 Or Or Mm 32-Wk LMt VM Day La** OmM H* M* VM Itol Ca A«* Hm» L— »«W C«m—l»Y tan roooi L— Payr X—r CMr W W Ww Ml 30 C 2049 •ASAutdlOC Itt -2 7U M nj ITS IW «N 7 U »l 1313 HT 79.9 45 2051
      1,214 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        216 26 jw*. Vetom LionAs«pac25c 42,123,000 Frt Links 20c 28,970,000 TSMRes5c 27,307,000 Uraco HMgslOc 22,011,000 Asia Food&Prop 12,443,000 Uh Hurt 10c 10,982,000 Leong Hin 20c 10,728.000 ML 9,611,000 IPC0$170 8,860.000 ST tow 10c 8,688.000 Stocks CtyDe»50c 26,172,944 SIA Foreign 25.230.700 OCK Foreign 20,667,200 NatSteei 50c 19,722,485 SPH 17,462,470 UOB Foreign 17.085,486 D6S
        216 words
      • Article, Illustration
        Property stocks retreat on interest rate jitters
        607 26  -  Property index falls 3.2%, prompted by fears FOMC meeting next week may decide to hike US rates STOCK MARKET COMMENTARY By Louis Beckerling PRICEY property stocks succumbed to interest rate jitters yesterday and led a retreat which saw the Straits Times Index close
        607 words
      • ON THE GRAPEVINE
        • Article
          Multi-tasking HK-style
          135 26 TWO ma)or conference# would be competing for attention next week in Hongkong as thousands of delegates flood the territory for some brainstorming. The Pacific Basin Economic Council and CLSA Emerging Markets, which used to be known aa Credit Lyonnaia Securities Asia, will be hotting two meetings a stone's
          135 words
        • Article
          Win sumo,lose
          132 26 THE Singapore stock market continues to confound analysts. As one said, it's very tottgh whan the stocks have busted a& tt» price targets and customers still have cash left over. Another said he's been proven right In his financial analysis of the local banks —including predicting their latest
          132 words
        • Article
          It's just internation banking
          64 26 rurally annoying when you want to 00 to an Internet site and find that you have been given the wrong address. Or if you have got the address right something there is not working like itis supposed to. No wonder that HSBC has so far not
          64 words
        • Article
          Asia's
          57 26 Reportedly on the shopping list are food-quality consumer goods like shoes and apparel, a* well a* household products. Another of his countrymen is buying, also at hefty [rem*, distressed loans all over the region. One US economist recently said Asia's collapse actually contributes to the continued economic boom in
          57 words
      • Article, Illustration
        HOT STOCK
        52 26  -  By Wong Wei Kong URACO shares rose 2.5 cents to $0.42 yesterday with 22 million shares traded, compared with its 10-day traded average of 5.86 million units. The daily and weekly RSI, Stochastics and MACD charts suggest that there may be more upside for the stock. By Wong
        52 words
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      28 15 Investing for your future It's never too early to start planning for a comfortable life after retirement, and Citibank's software will set you on that road. See EM9
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      Page 15 Advertisements Column 2
      337 15 Practical Advice on Issues Practices with guidance on how to prepare for a GST audit GST Seminar Thursday, 27 May 1999 8.45 am to 5.15pm Westin Hotels, Stamford Ballroom Is your organisation having trouble filing GST returns? Do you need to be updated on GST issues? To find out more,
      337 words
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      48 16 rri?/l THE WORLD'S LEADING v 1 OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS S I't/S /.orl<K\ <!t st.if* of <'v.M 21b Illiii 1 Incorporation Fees from USSSOO BAHAMAS JERSEY V 1 BRITISH VIRGIN MAURITIUS W i SLANDS SEYCHELLES f U I CAYMAN r ISLANDS SAMOA m IRELAND mmmmm mmr
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      47 17 Only PACIFIC INTERNET Ilk 9PB 111] T VTg £-11| ■Mi |T* 11 L'-^^H ft '#1 CDL. L. »*.>^Baa. email space for &?¥^yjMwßßS^fc«i ""^s^ /MB Cliffs? 9f al upplans '"^NQMN^B Pacific Internet, always giving you more than what you pay Tor! HOTLINE: 1800-872 MSS HOTSITE: www.paciFic.riet.sq 1800-872 3330
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      435 18 bßun&wjzsßmftmm-mz, IS mnmm,mwwaMW! NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 y TEUIN KASEI (SINGAPORE) PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OF THE COMPANIES ACT
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      529 18 IN THE MATTER OF THE COMPANIES ACT CAP. 50 AND IN THE MATTER Of CONVERTECH MARKETING PTE LTD (IN MEMBERS' VOLUNTARY UQUDATON) At an Extraordinary General Meeting of Company held at No 9 Tampwes Street 92. Tampmes Industrial Park A. Singapore *****1 on to 23rd day of April 1999 at
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      2619 19 □AVIMO AyiMO GROUP UMITED UNAUDITED RESULTS FOR THE SIX MONTHS ENDED MARCH 31,1999 AND DIVIDEND ANNOUNCEMENT The board of directors of Avimo Group Limited announces the following results for the six months ended March 31,1999: RESULTS CHAIRMAN'S STATEMENT SEGMENT INFORMATION lam pleased to report that the Group s profit before
      2,619 words
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      46 20 MEWS. IT reiS-IT MENS. IT HEWS. 11l HEWS. IT. Hf£illgWST MEMS. IT Npi iCj 1"T i rtf.!*' "f Njryr; J1 tlws?T MQjaLK aaiiLJT mews!it MEWS IT tfSSRI liSfll MEWS. IT i BmlnetslT, every Mondayfi ItaßuM&fW 1 ;r~: "i" "f" fr if""i iT"- i ir~'i t.~. ~r~r
      46 words
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      118 20 The fit survive... but only the best get chosen. 1999 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of audited statements. Nomination forms are available
      118 words
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      32 22 Y »lveitisement in /^Fkmie nlce $UI P I -gp '"*'"|^J^^^^''" 'Boytof Beto6lbrooBh' 4%** -yf: vs CY*si%r p t wv y y% >v/ f v v **>~ <?s 'j"j* kc lPf*w ?w z 3
      32 words
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      31 23 Classified First. Want a home with a sea view? Or simply seeking a new nest? Ma&e the right move: Check The Straits Times Classified First. Buy it. Sol k. FM It.
      31 words
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      64 25 Soto Distributor A Main Swvtc* Contro: l l|W T O'MO'T'MTilS* THE SWATCH GROUP S.E.A. (S) PTE LTD. Uv/il VJi AJLjj I Ifc 79 438 A Alexandra Road #05-03/04 AlexandraTechnopark ||lij® I I Singapore *****7 Tel: *****88 Fax: *****96 II If City Service Centra: #01 -23 Plaza Singapura Tel: *****17 IW
      64 words
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      2964 26 Going to trade online? You need DBS investor Online! Simply the best research. Can a3B-HBB >I< I )USBANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 In the Matter of the Companies Act, Cap. 50 And In the Matter of STARIMAGE STATION (S) PTE LTD (la Creditoo'
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      Page 26 Advertisements Column 2
      449 26 IN THE MATTER OF THE COMPANIES ACT, CAP.» AND IN THE MATTER OP TELEROLLS A PAPERS INDUSTRIES PTE LTD (PBOVMONAL LIQUIDATORS APPOINTED) dhaclars^aifCaiaipa^r|s^ Name of Casnpany TELEROLLS A PAPERS INDUSTRIES PTE LTD Company No 1978W31G The Registrar of Companies. Singapore I, Cbiong Wee Chye, of 90 Faber Terrace. Singapore *****5,
      449 words
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      Page 26 Advertisements Column 3
      420 26 Nodes of Mmdad Dividend Name of Company: Alta-Pacfflc SacurttiM (Pta) Address of Registed Office: c/o 47 Hi Street #06-01, Chinese Chamber of Commerce Industry, Bufcflng, Singapore *****5 Court high Court No. of Matter 624 of 1866 Laat Day for Receiving Proof*: 1 June 1999 Name of Liquidator: Kon Yuen Kong;
      420 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Shall we dance?
      1770 27  -  Whether if s the elegant waltz, the energetic lindy hop or even the fiery flamenco, social dancing is the latest big craze to hit Singapore. It may even be gaining the same kind of social cachet as a golf club membership, with business contacts discussing dancing prowess
      PLAMENCO PHOTO: CHRIS LOH  -  1,770 words
    • VIEWPOINT
      • Article
        By George, he's got the whole world in his hands
        783 28  -  Off the Cliff by George Lucas, that is. With his Star Wars movies, he has created an alternative religion for those seeking a reality other than their own by Jaime Ee STAR WARS. What embarrassing memories the mere mention of
        783 words
      • STRAWS In The Wind
        • Article
          Dishonest advantage
          71 28 OVERHEARD —a conversation between two businessmen about the difficulties of doing business overseas. The two greatest hindrances to getting things done, it seems, are red tape and honesty. Red tape can stall a project indefinitely, says one of them, "but if the officials are corrupt, then we can
          71 words
        • Article
          How dumb can we get?
          120 28 IN CASE you needed further proof that the human race is doomed through stupidity, here are some actual label instructions on consumer goods: On Sears hairdryer: Do not use while sleeping. On a bar of Dial soap: Directions: Use like regular soap. On some Swan
          120 words
    • STYLE
      • Article, Illustration
        More mileage for your money
        543 29  -  FASHION That's what Shade hopes to provide in a market awash with expensive designer brands By' Tan Su Yen "THERE are many women out there who want to look like a million dollars on less than $100," declares Lena Ngu, creative design director, The Keyway
        543 words
    • LEISURE
      • Article, Illustration
        WHAT'S ON
        410 30  -  Compiled by Parvathi Nayar DAMCE Look-See The Fish In The Flower A creative dance collaboration comprising fragrances, unusual images and a fish tank, presented by Dance Dimension Project. May 14-16, Bpm at Jubilee Hall, Raffles Hotel. Tickets: $12 $18 from Sistic (348-5555). MUSIC Julien Clerc French singer Julien
        410 words
      • Article, Illustration
        An ongoing experiment
        727 30  -  EXHIBITION Wetterling Teo Gallery celebrates its fifth anniversary with a new exhibition and redefines its areas of interest By. Parvathi Nayar UP TO DATE marks the sth anniversary of the Wetterling Teo Gallery in Singapore, and for Bjorn Wetterling, 20 years as an art dealer. When invited
        727 words
    • MOTORING
      • Article, Illustration
        Making a favourable first impression
        413 31  -  Going green can be a real treat if it's in Toyota's Priiis, says Christopher tam CHRISTOPHER TAN THE PRIUS, the world's first mass-produced car powered by both electricity and petrol. It's not scheduled to be imported to Singapore till late next year, but Toyota Motor
        413 words
      • Article
        How car companies are cleaning up their act
        334 31  -  INNOVATIONS By\ Christopher Tan CYNICS say car companies have invested too heavily in the internal combustion engine to ever really want to a change. Their efforts to develop cleaner alternatives are mere song and dance routines staged to pacify the green lobby
        334 words
    • ENTERTAINMENT
      • Article, Illustration
        Running with the wolves
        554 31  -  CINEMA Thing? get hot for a psychiatrist when a gangster loses his cool in Analyze This By Susan Tsang LIKE its aggressive, straightforward title, Analyze This is a simple and unambitious film in which Billy Crystal (When Harry Met Sally) plays a smart-mouthed Jewish psychiatrist, while
        554 words
      • Article, Illustration
        If it works, why fix it?
        649 31  -  CINEMA This seems to be the understanding behind That One No Enough, which follows closely along the lines of Money No Enough Ry\ Susan Tsang AFTER the amazing success of Money No Enough and the slightly disappointing Liang Po Po, writer and comedian Jack
        649 words
    • EPICURE
      • Article, Illustration
        A magazine while you wait
        677 32  -  Euro's is a functional, casual cafe with flashes of quality and above average service, says jaimb ee JAIME EE There was a time when the Dome Cafe at Orchard Point was a fairly regular haunt for a Sunday cafe latte and carrot cake. There was
        677 words
      • Article
        Sunday spread for the fussiest of families
        597 32  -  BRUNCH Problem: Your spouse wants sushi, your mom needs a carry fix and junior is screaming for pizza. Solution: Coffee Garden By Rahita Elias LOBSTER fans can eat themselves blind at Shangri-La's Coffee Garden Sunday brunch (s3B+++). The people at the restaurant just
        597 words
      • Article, Illustration
        All through the night
        117 32 YES, there's life and the possibility of a sugar high after midnight. The Holland Village branch of dessert cafe NYDC is now open for 24 hours over the weekend, starting from 11.30 am on Fridays through to midnight on Sundays. The regular menu will be served
        117 words
      • Article, Illustration
        Mao on a roll and heading for London
        133 32 CRAVINGS ANDREW TJIOE, the indefatigable president of the Tung Lok group, is all set to take London with his third House of Mao restaurant, expected to open there later this year. The latest feather in Mr Tjioe's revolutionary cap is a Best
        133 words
      • Article, Illustration
        New flavours at Salut
        269 32 FRENCH-ITALIAN fine dining restaurant Salut has a new head chef and a new dinner menu. Stephen Dion replaces Karl Dobbler, whose image is immortalised in the restaurant's many paintings of European country scenes, which also feature Salut owner Jessica Lim. Chef Dion's maiden menu which is
        269 words
      • Article
        Dimsum for two
        210 32  -  Compiled by Tan Su Yen Now that businessmen are more careful about splashing out on abalone and lobster sashimi, Chinese restaurants have finally responded with imaginative and well-priced set lunches. Jade Palace, (81-13 Forum Galleria) has a seafood set lunch for two that we found quite irresistible.
        210 words
    • Article, Illustration
      CINEMA
      713 33 American History X. Neo-Nazi film with Ed Norton. R(A). Central. Analyse This. When a powerful mob boss tries to get in touch with himself on the psychiatrist's couch, it's hard for his analyst to say time's up. Starring Robert De Niro and Billy Crystal. Bugis, Lido, Choa Chu Kang,
      713 words
    • Article
      ENQUIRIES AND BOOKINGS
      121 33 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wall Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golcton Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 Tiong Bahru Yishun Overseas Movie Ctementi/CoVealtti 777-0669 Golden/New Town
      121 words
    • TRAVEL
      • Article, Illustration
        Lock icon Sweet sounds of London
        1034 34  -  With its wealth of operas, concerts and recitals, this is a city in which the music never stops, p t yam highlights some current and upcoming productions P Y VAN ET'S fight till six then have dinner!' declared HH Tweedledum in Alice Through The Looking Glass.
        CATHERINE ASHMORE; ALISTAIR MUIR; ANDY WHALE  -  1,034 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      199 28 CRYPTIC CROSSWORD cise, and show what to Jill Blow up mad general (7) 12 Some err perhaps, showing one works to make a killing dance (5) 20 Wicked to carry weapon, 23 More obvious not so flower (7) 26 Excellent golf score is not sur--28 Check out a hill one's
      199 words
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      391 29 MONET ENOUGH? Our new blockbuster show also features Picasso, Matisse, Gauguin, Chagall and Moore. Come see the stars of the art world! All part of Sara Lee Corporation's renowned art collection It's your only chance to see these exquisite works as a single collection before Sara Lee Corporation donates the
      391 words
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      443 30 Where to wine, dine And Every Saturday and Sunday pamper yourself from a* early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe Vktarte. CALL: 330 3585 OR 330 3590 FOR RESERVATIONS 76 Bras Basah Road, Singapore *****8 Tel: 338 8333
      443 words
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      Page 30 Advertisements Column 2
      123 30 I ©<*•<>« w*?- *f W Coffeehouse f M W M l»t floor The Magic of Thailand at Chatterbox Coffeehouse 9 tO 23 May 1999 Enquiries: i* I 831 6291 fIV if* Mandarin U| Siggapore 333 Orchard Road, Singapore *****7. Q-Cg Cross*C*se 1130* it* 230f* TK* Singapore Marriott Hotel it tomou*
      123 words
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      34 32 N°thi n g g°e s d°wii better I -ffi- I CitnxiußAJcl htjtet §j 45orbon #rill Goodwood Park Hotel, 22 Scotts Road, Singapore *****1 Tel: 737 7411 Fax: 732 8558 Singapore P Website: http://www.goodwoodparkhotel.com.sg k
      34 words
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  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      2184 33 TODAY'S TV RBCOta[E]imED VIEWWO I I 230 PM TV Innovations. T^ kl n^p,"nt A Statement the ever-excellent James iS Li,tie Hippo in Conversation Yoshimura, this gripping Bingo Molly. t *2 2®*J lJ D#y M before dying earned jw «.o3 S^rST an A rating from Storvtime Three Little 30 In Conversation.
      2,184 words
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      354 34 •:<■■■?■ y -^HE Timeless Turkey! J An Exotic Holiday In The Land Where The Past Melds With The Future 1 p Turkev is rich with 10 millennia of history. AII I L/ |~< m Whether ancient Roman ruins or majestic y i N i V I W IVL k medieval
      354 words
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      16 35 By the time you retire, you may need Ssl million.* Are you ready for the future?
      16 words
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      Page 35 Advertisements Column 2
      487 35 brought to you by Citibank Investment Services f- -I > To find out how much you really need for your retirement, complete the Citibank Financial Needs Analysis Form now. i I Citibank Financial Needs Analysis Form 1 I To find out how much you'll need for your retirement or children's
      487 words
  • EXECUTIVE MONEY
    • Investing For Your Future
      • Article, Illustration
        Lock icon Get cracking on nest-egg building
        1353 35  -  It's never too early to start planning for a comfortable life after retirement and Citibank's software will set you on that road, reports omiiJ vufvu CPA GENEVIEVE CUA PICTURE yourself soaking in the sun on board a luxury cruise ship without a care in the
        FILE PHOTO  -  1,353 words
    • RESIDENTIAL PROPERTY
      • Article
        House Hunt
        199 36 I. 2M)3^9 715 503 Chmcafy Esquire Apt 22/03/99 FH 1884 1200 637 ffetpNreMara' Q5/Q4/99 FH 1475 660 441 DuneemGdn Apt 26/03/99 FH 1227 795 648 DumamGdn Apt. 05/04/99 FH 007 683 846 East Mara Apt 03/04/89 FH 1249 555 444 Apt -08£4/99 FH 850 6£ 746 99 1970.
        199 words
      • Article, Illustration
        Lock icon Rebuilding from ground up
        1326 36  -  Owners who redevelop their homes inject up to $113 m into the construction industry each year, davzd boot reports DAVID BOEY LIKE phoenixes rising from the proverbial pile of ashes, about 300 landed homes are torn down and rebuilt each year. This number may sound small,
        PHOTOS BY SIEW YAW HOONG  -  1,326 words
      • Article
        Vistaya View to be launched this weekend
        203 36  -  Freehold apartments to be offered at average of $650 psf By Corinne Kerk VISTAYA View, a 117-unit freehold apartment project at Sims Avenue, will be launched this weekend at an average of 1650 per sq ft Developed by local player Hillwood Development Pte
        203 words
    • UNIT TRUSTS
      • Article, Illustration
        Lock icon Look beyond track records
        783 37  -  Past performances only give a partial glimpse of a fund, oumuvigve cua reports GENEVIEVE CUA IT'S sorely tempting to buy a unit trust based on its track record. After all, a fund's award-winning performance in the past is repeatedly touted in all its marketing efforts. But
        SIEW YAW HOONG  -  783 words
      • Article
        Unit trust performance ranking
        2114 37 Ne< publication date. June 7/. 1999 Fund 1 mth 3 mths S mths 1 year 3 years Syaari Mtcrepai launch 09-04-1999 05-02-1999 09-11-1998 0M6-1998 3004-1998 2904-1994 star 4m 07-96-1999 07-08-1988 07-08-1999 87-88-1998 07-08-1W8 0706-1988 ranking HanMng aa at May 7,1988 AMSI AIKIUBI Man flMfrfiftfit 0C8C Sswsw
        2,114 words
      • Article
        Giving new dimension to fund rating systems
        471 37 Risk Watch used to rank US fnnds by track record and potential returns WHEN Algorithmic's for-ward-looking risk management software Risk Watch was used to rank the largest of the US' equities mutual funds last year, it yielded an entirely new dimension to conventional
        471 words
      • Article
        Japan, Thai funds join OCBC Savers
        618 37  -  By Genevieve Cua RIDING on the wave of positive sentiment over Asia, OCBC Asset Management has launched Japan and Thailand equity country funds under its Savers Investment Funds umbrella. The firm hopes to raise a total of $30 million for the two funds by
        618 words
    • PERSONAL INVESTMENT
      • Article, Illustration
        Lock icon Consider selective electronics stocks
        745 38  -  The sector still offers growth opportunities for investors looking to buy for the longer term, anmette pau asks some analysts for their stock picks ANNETTE PAU Missed the recent run on property and bank stocks? Don't worry, there are still pockets of value in electronics stocks
        Source: Bloomberg  -  745 words
      • Article, Illustration
        Lock icon Regional equities seen as offering fair value
        998 38  -  Greater chance of positive news from Malaysian market than others By] Manu Bhaskaran, Nilesh Jasani The writers are strategists at SG Securities Research LIQUIDITY inflows underpin the region's market outlook, encouraged by further signs that the region's "virtuous circle" is spiralling upwards. What
        REUTERS  -  998 words
      • Article
        ACU DEPOSIT RATES
        1253 38 Offered by various banks (as at May 12. 1999) Deposit amount 1-mth 3-mtti 6-mth DepoeH amount 1-wth 3-<w» Mrth A$ At S10.000 A24 999 ***** ***** 4 2000 25,000 74,999 3.7500 3 7500 4 0625 A25.000 A49.999 4 2100 4 2100 4 2200 75,000 149,999 3.8750 3
        1,253 words
      • Article, Illustration
        The Khan solution: who wins in the end ?
        895 39  - The Khan solution: who wins in the end THE FIXER PODVT Amid the swirling controversy and Its ensuing questions, the Malaysian public may well end up paying for the shares, giving Mr Khan and his supporters the profit they seek By R Sivanithy THE Clob controversy has dominated the press
        895 words
      • Article, Illustration
        Lock icon Banks roll out the red carpet
        1299 39  -  Banks in Singapore are doubling their efforts to woo high net worth individuals to park their money in their vaults, wono wei kono reports WONG WEI KONG WALK into a* priority banking centre and it's easy to understand its appeal. Persian carpets welcome customers
        CHRIS LOH  -  1,299 words
    • SMART MONEY
      • Article, Illustration
        Lock icon Deposits: safest bet for savings
        1047 40  -  While returns may be lower than other investments, deposits are where most people park ready cash. Cf .abtbsa tan looks at various deposits CLARISSA TAN IF you're looking for a low-risk way to get returns on your money, putting your cash in a deposit with
        FILE PHOTO  -  1,047 words
      • Article
        All you need to know
        408 40 These are some questions we've received following last week's feature, "It pays to be a member" answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Ql: What are the "certain details", as mentioned in the article,
        408 words
    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon Why invest in fixed income securities
        1109 41  -  roup explains this relatively under-allocated asset class PHILIP KIMBALL This writer is senior fixed income portfolio manager of CGAM Equities, bonds or cash? The asset allocation decision is, ultimately, the most important decision affecting the future performance of your investment portfolio. The choices are
        FILE PHOTO  -  1,109 words
      • Article
        Soc-Gen to expand private banking
        723 41  -  By' Wong Wei Kong FRENCH bank Societe Generate is planning to expand its private banking operations in Singapore and the region as the outlook for the business is still promising despite the economic downturn, said Daniel Truchi, managing director of Soc-Gen's private banking arm in
        723 words
      • Article
        Insure the goose, not just the golden eggs
        925 41  -  Identify your risks, and then check ont if they can be insnred against By B J Ooi The writer is director, personal financial planning, at KPMG Singapore. He is a certified financial planner and a member of the American Institute of Certified
        925 words
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      46 36 I "EE I CUD n czi a rn D n D D T T "/••Home. pnanana Hotline: *****68 sns 7 w SINGAPURA BUILDING SOCIETY LTD Anq r.lf) Kio 458 4222 Bp.ich Ro.iri 29?-1459 Brio* 445 8011 Bukit Timih 467 1916 East Coast 118 8262 Seiangoon 299-8855
      46 words
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      Page 36 Advertisements Column 2
      42 36 48 Peck Seah St, Heritage Court OffUx/Showroom/Rakmrunt 3 Storey (conserved) New, Fully Aocon^Caipeted Near MRT/Infl Plaza Ideal fan Heavy human traffic bußoeM Gid Floor 2410sqft 2nd Floor 2772 »q ft 3rd Floor 986aqft J Partial or E-bioc Cal Tay *****39 3 (*****100)
      42 words
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      37 38 Pierce Brosnan's Choice jfl r b^B/f J yoy Seamaster GMT *****.79 per month* (12 month interest-free instalment) 'Prices subject to change without prior notice. Programme includes all models from Omega. -/b (/UmuZ OMEGA The sign of excellence
      37 words
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      185 39 0% LntsiEiL d\!\a!k£ it u OWL ofioicE toaau. Introducing Sincere's new Privilege Purchase standard t bartered credit card .iiul von can Programme. Yes, it 's now easier tor vou to be enjov paving bv instalments at l' interest amongst the privileged rate At Sincere I ine yß* few to own
      185 words
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      10 40 E'. •k*» car* of ln«d ittttmMt that Ittan your choqwt^^^
      10 words
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      Page 40 Advertisements Column 2
      213 40 brought to you by IL/S'.MJI Tat Lee Bank Next week: Foreign currency accounts and time deposits Give us your feedback and win a NETS Cash Card reader The above article is the sixth of a 13-week educational This Cash Card series on personal finance. We would like to hear your
      213 words
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      133 41 Local Enterprise Finance Scheme \s2 ft Ty^i few W f« Making a point with Local Enterprise Finance Scheme* Replacing your equipment may be more affordable than you think. Because the Local Enterprise Finance Scheme can really save you money thousands of dollars a year. This adds up to a substantial
      133 words
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      414 42 Investment The Khan solution: who wins in the end? EM 13 I home, EM 10 Banking for the privileged It is priority banking to some and privilege banking to others but whatever it is called, high net worth banking is thriving in Singapore. As more warm to the idea, banks
      414 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      265 43 Bridge News, Reuters TRADING for the Panamaxes was sluggish with slightly easier rates seen, but there does not appear to be a rapid free-fall in rates in the Atlantic, brokers said. There seems to be a determined push by charterers to drive rates down, but owners, although cutting
      Bridge News,; Reuters  -  265 words
    • Article
      MARITIME STOCKS
      270 43 H>» U *t- CWT Distribution _0.99 -0.05 470 OwanHup LOO 0.02 420 Cotca investment 1.01 unclt 47 FrvMttUnkl 041 -0.01 ***** GB HoMlngs 040 -0.01 1S3 Hal Sun Hup 0.72 -aOI 1779 tMCIIeWM IW MO uncft 0 JWHMNi 0.8« -0.03 SOI Jurona Shipyard 720 unch 44 KpppalCarp 442
      270 words
    • Article, Illustration
      Lock icon HK lines expect outbound Asia trade to improve
      446 43  -  Trade body forecasts 5%-8% growth in eastbonnd Asia-US cargo throughput this year By] Felix Chan [SINGAPORE] As a further indication of bullishness on the eastbound trans-Pacific trade, the Hongkong Liner Shipping Association said it expects an overall improvement in shipments from Asia
      FILE PHOTO  -  446 words
    • Article, Illustration
      APL is int'l carrier of the year
      66 43 [SINGAPORE] APL, the container shipping and logistics arm of Neptune Orient Lines (NOL), recently received the first-ever International Carrier of the year award from Philips North America. Andrew Goh, APL's executive vice-president for markets (right), accepted the award from Ron Sabatini, director of
      66 words
    • Article
      Patrick Stevedores gains empty victory from arrest of ship
      762 43  -  ADMIRALTY CASEBOOK By\ Selva Kumar SYDNEY-BASED Patrick Stevedores won a significant decision last year in the Sydney Federal Court when the court held that the company could arrest a demise chartered vessel although the shipowners sent a notice to cancel the
      762 words
    • Article
      Lock icon Probe into ECT purchase to be completed by July: Hutchison
      302 43 Reuters [HONGKONG] Hutchison Whampoa Ltd's whollyowned Hutchison Port Holdings Ltd said the European Union's investigation into its takeover of Europe Combined Terminals (ECT) would be completed by the end of July. Group managing director John Meredith said the EU was
      Reuters  -  302 words
    • Article
      New World Alliance revamps two trans-Pacific services
      247 43  -  By Marcus Hand [SINGAPORE] The New World Alliance (TNWA) has revamped two of its trans-Pa-cific services to improve service between North and Central China and the west coast of the US. TNWA's three members APL, Hyundai Merchant Marine (HMM) and Mitsui OSK Lines
      247 words
    • PORT Shots
      • Article
        Lock icon Saudi shipping firm posts Q1 losses
        111 43 AFP [RIYADH] The National Shipping Company of Saudi Arabia (NSCSA) made losses of US$7.l million (5512.07 million) in the first quarter 0f1999, mainly because of a cut in rates, the company announced. The preliminary results almost wiped out the profits for the whole 0f1998.
        AFP  -  111 words
      • Article
        Lock icon Moeller ups 1999 oil,gas profit forecast
        72 43 Reuters [COPENHAGEN] Danish shipping and oil group A P Moeller has raised its profit forecast for oil and gas activities in 1899t0 "slightly abo***the 1996 result from an earlier estimate of a result on par with last year. "If thepHtts hold, we now expect
        Reuters  -  72 words
      • Article
        Lock icon EU nod for Safren unit purchase
        60 43 Bloomberg {BRUSSELS] Denmark's A P Moeller, the world's largest privately owned shipping company, wan European Union approval to buy the liner business of South Africa's Safmarine Ramies Holdings Ltd for about US$2OO million (***** million). The European Commission, the EITs executive agency, said the
        Bloomberg  -  60 words
    • Article, Illustration
      Lock icon Under fire for poor service
      1153 44 AMERICAN AIRUME XHDUSTRT As customer complaints grow, lawmakers take on airlines with a bill to strengthen passenger rights LAT-WP [WASHINGTON] THE image of thousands of passengers stranded for hours in planes that had landed or were waiting for takeoff at Detroit's Metropolitan Airport during a
      LAT-WP; FILE PHOTO  -  1,153 words
    • Article
      SHIPPING SCHEDULES INDEX
      310 44 PAGE Froti 12 .MIL j Frt Links 14 Accord 8 CUnk 4 Ahrenkiel M G MrtranS 6 AASCO 12 (>nshW M Glory Niv M APPWSh P 5 HaiSunHup 12 Austral 8 Hangli 7 Avant 14 Hanjin 3 B'tanq Mas 8 BSA 7 H<Unq A 4 Hoegh 13
      310 words
    • Article
      SHIPPING GUIDE
      19648 51 THEBUSINESSTIMES EXPORT T.i.nJ.nn. TT» rT» Viuas TMx*on« I ETA ETA AdwtlMf V»M«< Vo\ ETA ETA Advartisar Vassal Voya* TaMphona ETA ETA Advartisar Vassal Voyaga SIN Dasfn Nam* Nama Numtoar Numtoar SIN Oast'n Nama Nama Numtoar Numeaf 26/05 n/06 NYK CSAV HONG KONG 009S 65-*****23 To ABIDJAN (ABJ) 2003
      19,648 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        501 57 Vtsstl VoyNo Bfth Arrival D«pirtur« J—Ntl Exotic Ootpti 05W J03 aionqside 13.05/1500 Nikkei Eaqte 36A J23 jtonqsxto 14 05/0600 Orion Gtorv V002 J08 alonqjide M.05/0600 P*tro Easkem 27/99 J12 aionqside 13.05/1000 Pu 2509 1305 JW aionqside 13.05/0800 RutMD Rose Uc91 J22 atoogsx* 14.05/2359 Vtsfair 17 9901 JU aionqside
        501 words
      • Article
        CONTAINER SCHEDULES
        1747 57 RECEIVINC OF EXPORT FCl CONTAINERS AMD LCL CARGO Booktoig/BaiMC* Rstls SMp Voy No Etb/Btr Ported From To From k QHM 16/15* U 13/1400 0/1659 O/IWO ll, non n 13/1500 0/1659 13/1*0 2A 13/1700 14/0659 14/0900 21 13/1700 M/0»59 J 14/0700 14/189 >4/1400 4 H/U* 14/1454 *4/1700 14K 15/0700
        1,747 words
      • Article
        GLOBAL HOLIDAYS
        179 57 May 24 Germany: Whit Monday. France: Whit Monday. Austria: Whit Monday. Belgium: Whit Monday. Canada: Victoria Day. Denmark: Whit Monday. May 29 Indonesia: Waisak Day. Thailand: Wisakha Bucha Day May 31 United Kingdom: Spring Bank Holiday Scotland: Spring Bank Holiday United States: Memorial Day Brunei: Anniversary of Royal
        179 words
      • Article
        COCKETT BUNKER MARKET REPORT
        750 57 THIS report, complied by Cockett Marine 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 an Indicated. The Cockett Bunker Price Index change and the Individual
        750 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        317 57 CMtN MOH«i 990.0 0.9 19J 0.09 75 0.09 ft—*. w.<~ Ask ktomimum SMM AoibowE25 0 0 0 0 0 5SL* 5221 380 AM 987.2 0.4 05 0-07 36 0.02 **g 380 Mu 991.7 18 «.5 0.09 58 0.04 m/tn »m/m w to** no*om635 l 1 3
        317 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon MAS to provide weekly fuel reports for UK-bound planes
        746 58 LOW FUEL CHARGE AGAINST MAS Spot checks en long-haul aircraft arriving in Britain will also be carried oat soon AFP, Bernama [LONDON] Britain said that Malaysia Airlines (MAS) has agreed to provide weekly fuel reports for all UK-bound aircraft, despite denials
        AFP,; Bernama  -  746 words
      • Article
        Lock icon Delta pilots lower B777 pay demand
        352 58 Pay dispute lias cast doubt on Delta's plans for the aircraft NYT [ATLANTA] The pilots union at Delta Air Lines cut its pay demand to fly the new Boeing 777, saying the move will test management's "willingness to come to an agreement". The Air
        NYT  -  352 words
      • Article
        Lock icon Four India airports plan EDI network to speed up cargo
        252 58 Reuters [NEW DELHI] Four major Indian airports aim to install an electronic data system by the end of September in a bid to speed up cargo clearance, a senior official of the Airports Authority of India (AAI) said. The system
        Reuters  -  252 words
      • Article
        Lock icon PAL rejects US Eximbank's claims of poor management
        300 58 AFP, AFX-Asia {MANILA] Philippine Airlines president and chief operating officer Avelino Zapanta dismissed US Export-Import Bank's claims that poor management of chairman Lucio Tan is to blame for the airline's problems, according to documents from the Securities and Exchange Commission. In a
        AFP,; AFX-Asia  -  300 words
      • Article
        Lock icon Passenger growth at UK airports slows down
        180 58 Bloomberg [LONDON] BAA pic, the world's largest publicly traded airport company, said the number of passengers passing through its seven UK airports was 3.6 per cent higher last month than in April 1996, a slower growth rate than in previous months. Traffic at
        Bloomberg  -  180 words
      • LOG Book
        • Article
          Lock icon Cathay's passenger traffic up 5%
          97 58 Bloomberg [HONGKONG] Cathay Pacific Airways said the number of passengers it carried in the first quarter of the year rose about 5 per cent compared with the same period in 1998, to 2JSS million. Cathay chairman Peter Sutch said after a shareholders' meeting that the
          Bloomberg  -  97 words
        • Article
          Lock icon Mandarin,Formosa merger gets nod
          107 58 AFX-Asia [TAIPEI] The aviation authorities have approved a merger between China Airlines (CAL) subsidiary Mandarin Airlines and Formosa Airlines, the China Tbnes said. The new company is to be named Mandarin Airlines and will operate domestic flights, the newspaper said. CAL also owns a 40 pa*
          AFX-Asia  -  107 words
        • Article
          Lock icon Premacy orders exceed target
          89 58 Reuters [TOKYO] Mazda Motor Corp said yesterday it received domestic orders fin* its new 1.8-litre Premacy minivan in the first two weeks after its launch, exceeding the monthly sales target Mazda, owned 33.4 per cent by Ford Motor Co, launched the Premacy on April 26 with
          Reuters  -  89 words
        • Article
          Lock icon WWII bomb discovered at Berlin airport
          61 58 AFP [BERLIN] The discovery of. WortdWarllbombnear Berlin's main airport briefly caused all flights using the Tegel facility to be cancelled on Tuesday, airport authorities said. Take-offs and landings were suspended or rerouted to Berlin's two other airports for two hours while the 500-kflogramme bomb
          AFP  -  61 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1750 58 on mot en fikht ere u«sm mos so26 2355 AMMfe AN0230 T900 IM707 2359 1*6301 BOO SSS H2 $0230 1900 MwW OW IMKltMi $023 0705 BJ44 0040 HMMo SOm 0105 ***** 0745 K1043 1730 ***** INS COM MO 6A»73 0945 U030 2300 CQ5I 2045 ***** 1020
        1,750 words
  • Page 43 Advertisements
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      21 43 US airline industry under fire for poor service Lawmakers take on airlines with a bill to strengthen passenger rights. Page 2
      21 words
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      69 43 MAS to provide weekly fuel reports for UK-bonnd planes Spot checks on long-haul aircraft arriving in Britain will also be carried out soon Back Page I Sailing Schedules,! I to Asia More, j Any destination, anv rime. 2 4 hours a day in the Shipping Gu ide Fax-On-Demand hotline 740
      69 words
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      1226 44 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I I I I WEST COAST Of CEHTTtAI AMERICA tMAfWAWTAttCTVICq I vnsa vot "mTsaii ummkm oauas Houston oocaso hntom obkdoit M JSL 5 *WPV* W l tB>z 9 _fiBgS_ MMMPM «W_ HcBB mat I ii/m liTos aTos oiToT "Ti/S —«7ir~n7S
      1,226 words
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      Page 44 Advertisements Column 2
      649 44 Lines services represented (-®o*-) Wembefs of the Registry of Accredited Shipping Agents. Singapore Shipping Association Members of the I NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBUUC PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SERVICE) MV "TBN" ETA SIN 20/05/99 BOOKINGS CALL JUUA/MOMCA TEL 323 4374 COMTAHKRS/ COHVWTKJNAL CARGO FtOM POT KLANG/SMGAPOtI/lAKAm IIAHGKOK
      649 words
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      1163 45 TO EUROPE FROM EUROPE Ivcsa VOY SJH HTM AM HAW WV SOU HT liH IvKSa VOY Imo ANR HAW MTV SOU FIT LEH SW HYGOWAI SIM 17/05 03/06 OS/06 01/0* 02/0* HY COMMOOORf 31K M/ 04 11/04 12/0419/04 13/05 OK SS3W 20/05 12/04 09/06 10/06 07/06 NOIPEAftI 00« 22/04 24/04
      1,163 words
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      Page 45 Advertisements Column 2
      2263 45 ®HANJIN SHIPPING fej? 1 ifcMy*U> -Mb *****30 HAJUIH SHIPPING (S) PTE LTD cw MOtmC 737Q73S 737 SAUS *****74 731 OOCUMMT *****71 774 QftUIKXtS *****50 7SI MAI* UK *****5S Hi ******0 3»0 *****M*****1 TO NW USA CANADA USA CANADA* r* vsl/vot |im| sa unehaul/vot sea n* [>« rax cm msp m
      2,263 words
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      Page 45 Advertisements Column 3
      466 45 FULLY COHTAINHHIP PIPHATIP fRVUBI vtssa w_ _sm_ to yot sm «t 81 im ws pSB »o* 1 I DO KMTCKBUIMG W7S It/OS 11/05 0070 ]VW 7V05 25/05 27/95 MAIS HONGKONG I I rifo 1 2S/K '"ff HA I jmgMggg ore ?)/i)5 a/os »/os oi/ot oiftt Lonuma "s Iwk 1 WSIWMihfltJ
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      1555 46 DSR-SENATOR LINES TO UK/CONTINENT TOMEDITERRANEANCANADA gga voy T lb< him «mr iwm ww m ¥Ena ww wT 6ir ifi rot WX MTU tunxnnu wain u» km mm oh mm m.m cmoyamoumz wma i«m mm km mm mm mm PUOONG SENATOR MVN923 1( M M M M M 1/M M M
      1,555 words
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      Page 46 Advertisements Column 2
      730 46 Carrier: MM CONTH UNCI, M 6 p. quoawq: (or) awa^aß I J OR MOi IMMMM S»U: (064) *****6 MAMLA: (632) *****24 PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELAWa- (03) *****77 JKT. (21) *****67 MOW: <61) *****3 KUCMMQ 062)*****1-3 CALCUTTA MADRAS MV "KOTA PERTANI" V.PTNO29 MV "OCEAN
      730 words
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      Page 46 Advertisements Column 3
      476 46 JESSELTON LINE Br TILi MW4S> fAXx ISMIH r MUARA ~j 1 LABUAM vissa vot rn> n* «ssa voy no ru SPOM MUARA SPOKE 1M CAIMAJK332 VUE/W IS/OS 21/0S CAIAIAJN332 VIIE/99 14/05 22/15 jftosw viu/mb/os«/«s jnosrat vui/w a/os »/os CARACAM337 VIH/M a/05 31/05 (MAM JMB Vlll/W a/OS 01/ M JPtOSPB VIS/ffOl/MM/M
      476 words
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      1385 47 [vessel voy khh hkq sin pko pqb dxb pmm ba bwc MAN TAKMTI PJLI346 07/06 10/00 11/06 20/06 21/06 22/06 24/06 26/06 IRAN TABATABAEI PCL-SlO3 12/06 14/06 18/06 10/06 28/06 29/06 30/06 01/06 03/06 IRAN LORESTAN PCL-6102 19/06 21/06 28/06 26/08 04/06 06/06 06/06 08/06 10/06 IRAN TEYFOURI PCL-6104 26/06
      1,385 words
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      Page 47 Advertisements Column 2
      2263 47 w lll T,ll>i (Mi MMI I SWGAPOM'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (IA) :*****r" I TSBKoKc? l^il,B^l^^^^^^| COSTAR SHIPPING PTE LTD •17-mmsudg sales/kkgs *****57/60 inwaid dect (D/O) *****65 COSTAR AGENCIES (M) SDN Hi Q NO: *****6W***** TOWB TWO (*****9) CONVENTIONAL *****50/55 T/SHPMT DEFT *****25
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      1323 48 EUROPtAJK/SCAMOIWAVU^WIAMD/miSSU SGP ROM ANW HOG THP ZEE LHV LHV TMP RDM HOG PKL SGP E DEVELOP RW-OOS IVO6 03/06 MM 88/ M 07/00 oB*6 MM E. REWARD RE-033 22/04 24/04 HJ4 25*4 27** IMB 17/05 E DECEIT RW-OM 22*5 1006 18/0B 12*0 14*6 15AM 16AM E. REFINE RE-020 20AM 11/06
      1,323 words
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      Page 48 Advertisements Column 2
      621 48 PACIFIC INTERNATIONAL UNES (PTE) LTD Ih 140 Ceci Street, 103-00 PIL Building, Singapore *****0. I CP NO 'ooeo67goooE_M livrw vot sw m std, _m m m'mmn j 3Q I OOQMQIMI 0» IS/S 17/S M/i W/S */i }</* I KMATW "< 17T »/5 11/» =nZE I HWM THUJA] MS 1»/S l/>
      621 words
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      Page 48 Advertisements Column 3
      564 48 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAUSmUS SOUTH AHUCA vissti vot sin nu m m or to NANTAINAGON V.013S 01/05 17/05 21/05 24/05 25/05 MAHUIVBRIS Y. 0345 23/05 31/05 04/04 07/04 91* 11/* SOiDB» PKAGOW H0125 31/05 W/04 11/tt* 14/04 17/* mtttlQUffll V-035S 10/04 11/04 22/0t 25*4 27*4 7**4 (UXUIMAGO*
      564 words
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      460 49 BSfl A. mm. MYANMA wHBk FIVE STAR UNE (Myomor Natioaal Um) w Loading for Yoijm (Ra.goo.) VESSH VOY SIN PRL PEN PGU lAGO VIO9W SU» PMYA 143W SU> MALATSU AGENTS: OOUSTIAD SWPPMG AGENCIES lUL m (03)*****00 PRL TFI (03) *****01 POt m (04) *****0} PGU: m (07) *****21/4 BANK LINE
      460 words
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      Page 49 Advertisements Column 2
      1305 49 HMAW 1 HYUNDAIMERCHANT MARINE j-,,-,-[VBSa VOT SH SOU 181 RIM ANT NAM HtV W IVESSE ¥OT| SOU 1111 W I MIT I N4BI WV IW~ 5W lAIOH 527W 14/05 04/04 05/04 30/05 01/04 NOIHAH 00* D•IY-|DO C| I I IN 61 I 15/15 HVGBRAL 31MT 17/05 02/04 03/04 05/04 00/04
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      Page 49 Advertisements Column 3
      837 49 nonmgion ipm:iatiwd oUocamen Wilhelmsen Lines TO NORTH AND UTIN AMERICA "RORO HfAVYUFT StRVKE" I VESSEL VOY I RAMP HOGHT SM LAI CRL MA SAV ML Off NYC WW HOC WIOU F9lO 400 Imb AJII MPORT 10/0* 19/04 22/04 *****~ "S76T J775T 29/04 «7OT 04/07 UMPA nil 4001 ms 6.3* 30/05
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      Page 50 Advertisements Column 1
      839 50 IAMOKOK/MAP TA PHUT/LA EM CHABAHO] JAKARTA/PAN JANG VESSEL VOY SIN BKK MTP LCH VESSEL VOY S»N JKT PJN MATH* BHUM 414N IS/05 19/06 18/05 GURU BHUM 128 SB In Pt IS/0S XETHA BHUM" 283N 16/06 19/05 20/06 AKA BHUM 343S 15/06 18/06 CHANA BHUM" 70W 17/05 21/05 AHRO JAVAKARTA* 087
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      Page 50 Advertisements Column 2
      405 50 -mm INDONESIA NATIONAL LINE TO AUSTRALIA I RILL COWTAJNEW SERVICE ~m mat jl jb_ m. jillml a. m n/Bu/w H/r m/i» h/» n/»jl_ notmtmsmt m n/*sn/« »/os u/u v/u w/ot 'V»» »—u Ks v/wn/ti mr» n/n K/» n/u mwarr lml«/»os/»*l»/»l |i4/04|n/Q*li«/»lP/»*l FEEDER SERVICE TO INDONESIA r* vot sw« swim umm*
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      Page 50 Advertisements Column 3
      735 50 VESSELS VOT 3M PKL JED MLA LEH RTM HMDI ZEE SOT VXED6VWQO S3IW 16W6 IWOS 27/06 0806 07/06 Q6W6 11/D6 12W6 13*06 V.LEOCVELA N3IW 2KB 27/06 QVO6 06W6 14W6 16/06 17/00 19/06 2M06 V6IE DE SMANQHAI H3IW 01/06 Ojg6 10W6 WW 21/06 22W6 23AM 25W6 2M» VXED-OHIOW Y3IW OTO OB>Q6
      735 words
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      47 51 [OTCO CWT GLOBELINK SHIPPING LINE asaaaaaa. introduces LIBYA-BENGHAZI WtIiaYOIIIKTaOUMgt TRIPOLI See Our Ad On PG 12 Dr OCENUS SHIPPING AGENCY PTE LTD (EVERY TOES) NEW GUINEA PACIFIC LINE Our Schedules Are NEW SERVICE On PG 5 FROM ASIA TO H PACIFIC north west PG 7 BARWIL AGENCIES
      47 words
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      52 53 VaTal STg£~^Dial 740-6000 Oil (Retrieve more schedules!) Press "1" Select the port and key in the four digit code eg: To New York (NYC) 2275 Sjf) Key in your fax number j your phone number Another innovative service offered by CT The document will be SHIPPING TIMES ZjL/ for cate
      52 words
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      151 54 (FOREST PROOOCTS SERVICE) FBOM: U.K./ COWMEIT/ mm EAST TO: FA* EAST RJRQPE VESSEL/VOY SIN IAEMCMAMNG MAMU HONGKONG KHLUNG TAW SKN KKU THU SCARLET SUCCESS V3SA 2S/0S 30/05 03/04 04/0* MMjWWfc VBffl/VOY PC. SW AUSTtAUA/KW ZEALAND joMM/snt/nusMMG/Mnwar 20/05 18/05 •AWTSU- KSMIMJSOMHC TAWAII CAPRICORN RBGMT SVCS~ PORT KBANG AG9(T: SUNSHT AGOKKS (HQ
      151 words
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      Page 54 Advertisements Column 2
      175 54 ,ii ,1 if i■tjv 11 mj 111,1 jii i SHIPPING LINE kTil >] |jl k mIVI fll k M llllilL TOBRUQ BIWOHAZI MISURATA TRIPOLI I rasa no* I vot wo tlmslw I it I a m "SfMnST Wi t —w MMUAB 5103 OtAtt 0»/DS li/K IVK H/05 71/W jg[ 81
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      Page 54 Advertisements Column 3
      123 54 ESP LINES WtUIY LCI AMD FCI SOVKi irffMT" titles w CMTTMONt, MMAS UKKK. HOW lONS HM—fc. wnaw KMMT, COUMMO —It—M WBNM cAiant moob—iw»ws vßsaywr*g rww a» I a» POMUiftW »/K WMMI/M3M34 l«/*5 ItftS M/ftS S. (MUM /VI liftS IfcftS I*/* WIMiftCMM '7*S WWII ,ftOM» 17/ftS H/ftS f OMMUiftW ri/K HftS
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      891 55 ——-SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR MO. *****C*****0 *****88 FAX: *****29 (OUTWARD) *****13-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CAll DIBECT LINE: 535 6266 Celia/Jesslca/Mei Chan/Jeslynn/Dora/l<y/Hanim Wl 8 SLGS/WEEK QQS2isS2I3H EVERY 4 DAYS I vessel voy sw I JAK I
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      Page 55 Advertisements Column 2
      813 55 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO Ihgl sp| TlSMlHW|rPo|qM|K)M|HM|im|o»f|SAV|l«W|lWlHoUl /nun 71/05 24/05 05/05 07/QS »»/M 01/0* 00/0* H/0* W/07 H/07 <3/07 H/07 20/07 25/07 W/07 mmch Dtwi /oiso It/OS ~oT/oT 05/0* QLflfc. -UZBL ISM. HZM. .HAZ. -ttLfll -MM. JtM JiZM_ is/o* ?o/o* >4/0* jtzgtw/OL 01/07 uw_ MM. JiZOL
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      Page 55 Advertisements Column 3
      605 55 rrrM Si»gapofe Soviet Skippag CPt k a h* i aosoMooow k\\l HbMb* Shippißj PI w33j aiiitfsmHMC VESSEL VOY SIN BOM PHQ PKL KOTA RUKUN RKNO37 10/05 26/06 TBA 06A06 KOTA RATU RTUO46 25/06 01AM TBA ISAM KEDAH 130N 01/06 08/06 TBA ISfIM VESSEL VOY St CALCUTTA Ml KOTA PETANI PTNO29
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      594 56 I VESSEL VOY SIN MAA SIN I TIGER SEA 709N 17 18/05 22 24/05 29-30/05 I TIGER BAY 710N 18-1»05 25-27/05 01-01,«06 I TIGER ISLAND 711N 2122/05 28-30/05 04-05/06 I TIGER PEARL 712N 25-25/05 01 03/06 08-0806 I TIGER SEA 713N 29-3005 04-0&06 11-12/06 I TIGER BAY 714N 08 10/06
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      Page 56 Advertisements Column 2
      939 56 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113
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      Page 56 Advertisements Column 3
      1223 56 IQOCL (Sinqopore) Pte Ltd CFS Keppel W CM* St OCK Clr #42-00 *****13 *513 #01-128 (J CHBOHB7B7MOOOH W: 272 7827 Hr T»t *****83 f«i: 438 2966 F«: 272 7825 jOL Orient Overseas Container line *•■*■7 (Malaysia) Sdn Bhd (Rag Nk*****2-u| caf >*">. iPfTAUNG JAYA I*o3-754 777* ft*: 03-754 6657 T
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  • Page 57 Miscellaneous
    • Miscellaneous
      Page 57 Miscellaneous Column 1
      129 57 LEGEND: R Thunderstorm Terrtperatvxe •<, /C\ J. Weother _X Wind direction with speed in knot* VSUsky Wove height Serfoce wind* ore md tested by or rows which fly with the wind One fui circle represents cotm or light ond variable winds 1 One hoH Heche represents 5 knots L— One
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      105 58 ;r miwrui ITF campaign vessel highlights -.f unsavoury side of shipping lewfet/trauU Ufcaor Ocmh*- r»»n«r mui atKMMtw«MDtrrrM* «fc» a f»—i—n wniwri (TIB mnr. «tn*i mtrn mm* mi rwaiwiW m trrtfmm*mmm*tnmm W<>*»«■»tli mm.*wVJw rtbnfcw n mLN? i«>»M mn m t*j» MM ttf mmm)»*» «■»<*•. —i>ntltvmmmi*»Hi iaCi f 41 cw wbxw mi«
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