The Business Times, 28 May 1999

Microfilm: NL21497
Total Pages: 64
1 64 The Business Times
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  • Title Section
    Masthead
    10 1 IThe BusinessTimes 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, MAY 28, 1999
    10 words
  • Article
    MARKET SUMMARY
    68 1 □sn 119&.77 (+22.04) piBT-SU EJ 73&J4 (+1.83) sntsci FUTUBES amjso (+1.60) EJMAEKETHOOD: M Mixed STOCK 1KASKET INDICES Thursday Change KLSE COMP 760M +6i 2 NIKKEI 11,177.19 -61S3 HANG SENG *****53 -100.63 SET INDEX ***** +6.67 JAKARTA COMP 603.12 -167 MANILA COMP —2,***** +1163 TAIPEI WP! 7,469.01 +42J8 SEOUL
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  • Article
    FINANCE
    80 1 FOBEX BATES usi ss US$ 1.732 £(US$/S$per£) —1594 2.7W EUR0(USS/8S per E) 1.042 1.806 DM 1-877 0.923 YEN 1214 1.411* RM 1800 0466 HKS 7.756 0123 BAHT 37.11 0.047 KUP1AH 8,100 0.021 •S* to HO unto PUKE BAITS SINGAPORE* 5.825 KUALA LUMPUR 11.50 JAKARTA 28.90 BANGKOK 1475 MANILA .22.90
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  • Article
    KL exchange brushes off Melewar offer
    783 1  -  ELSE seems to give implicit endorsement to Akb&r Khan's offer From. Eddie Toh in Kuala Lumpur The Kuala Lumpur Stock Exchange (KLSE) yesterday dismissed a popular closed-end fund option tabled by a Negeri Sembilan prince, and implicitly endorsed a controversial scheme proposed by businessman
    783 words
  • Article
    KL bond investors make a killing on strong debut
    607 1  -  Mahathir promises more when interest rates are steadier Byi Catherine Ong, Eddiee Toh INVESTORS lucky enough to get their hands on Malaysia's new US$l billion (SSI.7 billion) bond issue made an instant killing during its debut trading yesterday. Even as investors
    607 words
  • Article
    Lock icon Dow dives 209 by 1pm EDT
    98 1 Reuters [NEW YORK] Wall Street stocks plunged from the opening bell yesterday, with the Dow Industrial sustaining a hefty 209-point loss to 10,493.07 by Ipm EDT. The Nasdaq Composite was down 17.27 points at 2,409.91. That followed a rally on Wednesday when the Dow
    Reuters  -  98 words
  • Article
    Developers are still selling at a loss: sample
    552 1  -  Pricesnpbnt9oflo projects are below breakeven by 3-30% &y Corinne Kerk [SINGAPORE] Property prices may have seen some recovery, but developers are still losing money on residential projects, going by a sampling of 10 current 99-year leasehold developments. Apart from Hong Leong Group's
    552 words
  • Article, Illustration
    Lock icon Markets take a shelling
    45 1 [DRASS, Kashmir] Indian troops near the village of Drass in Kashmir shelling Muslim separatist guerilla positions yesterday. The skirmishes, and the reported downing of two Indian warplanes, took their toll on financial markets on the sub-continent yesterday. Pun report, Pgl2 AFP
    AFP  -  45 words
  • Article
    Brierley makes its presence felt in SIA-Ansett deal
    675 1  -  It lifts its stake in Air New Zealand to 47 J per cent. From Russell Baker in Sydney BRIERLEY Investments yesterday signalled it wants to dictate the terms of any threeway alliance between Air New Zealand, Ansett Australia and Singapore Airlines by
    675 words
  • Article, Illustration
    Lock icon The City's no Man U fan
    662 1  -  From] Neil Behrmann in London ALL of England celebrated one of the most remarkable Cup victories in football history when Manchester United scored two last-gasp goals to win the European Cup for the first time since 1968. But in the City, as London's financial
    Source: Bloomberg  -  662 words
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      101 1 imaPß Yfartml baaktag Internet banking is no longer a novelty as more local banks take their business into cyberspace to meet customers' demands, PwUf Money, EM 20 Share boytack How to exploit low tax rates for tax refunds, Executive Money, EM 18 Prominent banker Azman Hashim is restructuring his financial
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      58 1 JPMi I v. v I fl 1 ml 'tfTwM linn i'. I k<-< ulivi; I iffslylr I I 1-4 I'll <1111 (II I I II |>.ll I- till lilt- .11 II 11 II II 1 All I i ll i! lii* li I >• I III I I."I ty Japan
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      8 1 KLSE statement, Pg 20 More reports, Pg 16
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      NSTB to get new board of directors
      272 2  -  By' Toh Han Shih THE National Science and Technology Board (NSTB) will form a new board of directors with effect from June 1 in order to help develop technopreneurship in Singapore. The new board will include Teo Ming Kian, who will step down
      272 words
    • Article
      NTUC Income cuts home loan board rate to 5.25%
      310 2  -  Quarter point lower rate takes effect from Jane 1, applies to existing customers Rejxtrts byi ClarisssaTan INSURANCE company NTUC Income is determined to keep its own up in the housing loan war, and has cut a quarter point off its board
      310 words
    • Article, Illustration
      Lock icon Three-month interbank hits 2% with US rates seen rising
      291 2 S'pore benchmark at two-month high; analysts also point tosoftSS SINGAPORE'S benchmark three-month interbank rate hit 2 per cent yesterday its highest in about two months on anticipation of an increase in US interest rates. The three-month interbank rate, or the rate
      Source: Reuters  -  291 words
    • Article
      Great S'pore Sale to see good foreign support
      530 2  -  Indon, Rotarian spending expected to add to success By Rahita Elias THE Great Singapore Sale can expect strong support from foreign shoppers as it rides on a resurgence in the volume of visitor spending here. Suresh Nanoo, Visa International's regional director, brand
      530 words
    • Article
      Bencoolen St hotel up for sale; owners said to be eyeing $45m
      378 2  -  By Ang Wan May THE Tan family, which owns the Katong Park Hotel, is putting up another 213-unit hotel on Bencoolen Street up for sale by tender. Owners Tan Hock Keng and his family are said to be
      378 words
    • Article, Illustration
      Lock icon Commitments down 17.9%
      281 2  -  EYE ON THE ECONOMY Net Investment By Eugene Low NET investment commitments in Singapore's manufacturing sector fell 17.9 per cent year-on-year in the first quarter, according to figures released last week by the Ministry of Trade and Industry (MTI) in its quarterly economic survey. Reflecting companies' uncertainty
      Source: MTI  -  281 words
    • Article, Illustration
      Lock icon BMW recalls all new 3-series cars
      285 2  -  By< Christopher Tan BMW, Germany's third largest car-maker, is recalling all its new 3-series cars to rectify faulty airbags and brakes. The worldwide exercise involving some 280,000 cars is expected to cost it 15 million marks (5513.8 million). A Singapore-based spokesman said yesterday there
      FILE PHOTO  -  285 words
    • Article
      Mistake to use Feb-April data
      351 2  -  MAII.BAQ Owen Wong via Internet I AM very disappointed with your lead article "Only 7 of 20 top funds are net buyers of local stocks" (BT, May 24). Such an article should not have been published, let alone be the lead article. It only showed
      351 words
    • Article
      S'pore firms less satisfied with China ventures
      602 3  -  Businessmen less happy with growth, profits now than three years ago: poll Reports by' Teh Hooi Ling SINGAPORE companies are less satisfied with the growth and profitability of their China ventures now than three years ago, a survey by the National University of
      602 words
    • Article
      Poll shows Singaporeans don't know China that well
      327 3 THAT Singaporeans understand China better than Westerners could be a myth. A survey conducted by National University of Singapore found that Singaporean investors were only on par with American and European investors in their understanding of the Chinese culture and the mentality
      327 words
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      373 2 DRAKE EXECUTIVE SEARCH DRAKE INTERNATIONAL (S) LTD 8 Shenton Way #40-03 Temasek Tower Singapore *****1 Tel (65) 225 5809 Fax (65) 227 0071 Email johnkoh@drakesin.com.sg Website http://www.drakeintl.com Jttuicktionary Authorised Dealers; TRANSLATE \t22s In a second cu Mpi owiwitt we m #01-26 ocmto to—w O^KJ^>/l/ y .ar&MwMfTtOfflMtaMtlM <02-07 Albert Conipttx Perl
      373 words
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      114 3 PO RK FOR SALE Contact THREADGOLD CO PTY ITD 35 Darian Rd Torquay Victoria 3228 Australia Fax: 61 3 5261 3675 Email: export@threadgold.com.au iTT>M THE WORLD S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 1975 our worldwide staff of over 275 multi disciplined professionals including J K lawyers, rhartered
      114 words
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      110 3 "This could be the best sports car in history AUTOCAR magazine 21 April 1999. Incorporating Ferrari's racing technologies, the all-new 360 Modena with aluminium chassis, bodyshell and suspension is now lighter and more rigid. The new 400 bhp engine propels the car from O-lOOkm/hr in less than 4.5 seconds and
      110 words
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon Analysts turn cautious on HK market, economy
      655 4  -  Fears of sharp correction in US, higher interest rates dampen optimism From Meera Tharmaratnam in Hongkong GROWING concern about the US stock market and higher interest rate fears are inducing some analysts in Hongkong to scale back their rosy scenarios for a huge
      REUTERS; Source: Bloomberg  -  655 words
    • Article
      Protectionism the greatest threat to Asian export recovery: report
      370 4  -  Past crises have led to prolonged periods of protectionism By. Anna Teo [SINGAPORE] Perhaps the biggest threat to export recovery in Asia is the possibility of renewed protectionism worldwide in the wake of the Asian crisis, says a new report published
      370 words
    • Article
      Lock icon Japan premium gone, crisis over: Mr Yen
      341 4 Reuters [TOKYO] A crisis in Japan that started in November 1997 ended in the first quarter of 1999, senior Finance Ministry official Eisuke Sakakibara said in a commentary published in the Asian Wall Street Journal yesterday. "This was indicated by the disappearance of
      Reuters  -  341 words
    • Article
      Lock icon Q1 GDP will be -1.5% at worst: Dr M
      209 4 AFP, Reuters [KUALA LUMPUR] Malaysia's economy will contract no more than 1.5 per cent in the first quarter, Prime Minister Mahathir Mohamad said yesterday. Dr Mahathir was quoted by the official Bernama news agency as saying in an exclusive interview that
      AFP,; Reuters  -  209 words
    • Article
      Lock icon Japan may rethink aid after KL's US$1b bond issue
      540 4 We were surprised M'sia gave as no notice beforehand, says an aid official Reuters [TOKYO] Malaysia's successful return to world capital markets with a US$l billion (551.73 billion) sovereign bond issue this week could cost it further development aid from Tokyo,
      Reuters  -  540 words
    • Article, Illustration
      Lock icon Worst over for Asian stocks: Mobius
      210 4 Reuters [HONGKONG] The dramatic fall in Asian stock markets over the past two years was unlikely to be repeated for at least a decade, Mark Mobius, president of Templeton Emerging Markets Fund Inc, told a business conference yesterday. "The fall in Asian markets was
      Reuters  -  210 words
    • Article
      Lock icon Firms far more optimistic on Asia prospects
      309 4 Poll: There's strong belief that recent upturn is sustainable Reuters [SYDNEY] Companies operating in Asia are more optimistic about prospects there than a year ago amid a turn in the business environment, according to a survey by Andersen Consulting released yesterday. "There is
      Reuters  -  309 words
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      272 4 CoMf*a\Mcrosolt Microsoft Frontline Partnership It's like experiencing tomorrow Windows 9om Technology Day On 2nd June, Microsoft will have a Windows will be giving away FREE the Microsoft Corporate 2000 Technology Day as the official prelude event for Preview Kit* which includes Windows 2000 the Windows 2000 Beta 3 Corporate Preview
      272 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Megawati's PDI-P party wants fixed rupiah rate
      518 5 JAKARTA Front-runner says fixed rate will stabilise economy Reuters THE Indonesian Democratic Party-Struggle (PDI-P), which many believe could dominate the country's next government, wants to bring back a fixed exchange rate to help stabilise the economy. "PDI-P wishes to go back to the
      Reuters  -  518 words
    • Article
      Lock icon Indon influx not benefiting S'pore hotels
      284 5 SINGAPORE Arrivals up 32% but many opt for cheaper accommodations Reuters JITTERY Indonesians are once again taking refuge in Singapore ahead of a potentially violent election back home but local hoteliers said yesterday that they are not seeing a repeat of last year's riots-inspired
      Reuters  -  284 words
    • NOTE Book
      • Article
        Lock icon M'sia insurance outlook 'clouded':S&P
        63 5 AFP [KUALA LUMPUR] Standard and Poor's yesterday said the outlook for Malaysia's insurance industry remains "clouded" with prospects of flat premium and falling underwriting revenue in 1999. Local insurance companies are under pressure to capture more market share and retain more risk to maintain premium volumes.
        AFP  -  63 words
      • Article
        Lock icon Thailand may accept new WTO race
        94 5 AFP [BANGKOK] Thailand insisted yesterday it could still win the World Trade Organisation leadership, but said it might accept a new start to the campaign minus its candidate or his bitter rival if all attempts to break the deadlock foiled. Foreign Ministry spokesman Don
        AFP  -  94 words
      • Article
        Lock icon Habibie signs law to set up export bank
        82 5 Bridge News [JAKARTA] President BJ Habibie on May 25 signed a government regulation establishing Bank Export Indonesia to provide credit to exporters, Minister of Trade and Industry Rahadi Ramelan said yesterday. The new bank will start with about 3 trillion rupiah (*****
        Bridge News  -  82 words
      • Article
        Lock icon Indon gas firm seeks US$765m loan
        63 5 AFP [JAKARTA] Indonesia's state gas company PT Perusahaan Gas Negara (PGN) is seeking a US$766 million (511.3 billion) soft loan from Japan to finance the construction of a gas pipeline. The loan will be used to help finance the pipeline project estimated to cost
        AFP  -  63 words
    • Article, Illustration
      Lock icon Suharto gives Indon govt power of attorney
      434 5 JAKARTA Move prompted by Time report he had USs9b moved to an Austrian bank Reuters DISGRACED former president Suharto yesterday gave power of attorney to the Indonesian government to investigate his wealth and denied he had stashed a fortune overseas. "I have given
      Reuters; AFP  -  434 words
    • Article, Illustration
      Lock icon Thai private hospitals seeking foreign patients
      674 6 Recession has cut local patient numbers forcing healthcare firms to look overseas to fill beds Bloomberg [BANGKOK] THEY were meant to be filled by Thais with means yet some of the thousands of empty beds in Thailand's private hospitals may some day end up
      Bloomberg; FILE PHOTO  -  674 words
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      273 5 SINGAPORE I You help yourself to the I tallest hotel. complimentary mini-bar and walk I with slow abandon on the plush I Qf COUTSG VOU Q GXDGCt deep pile carpets. As you sink into www»»ww j w wa^wwi the goose-down sofa and look out at I the stunning night views
      273 words
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      2942 6 w YEO HIAP SENG LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the Company will be held at Antica Room, 2nd Level, Orchard Parade Hotel, 1 Tanglin Road, Singapore *****5 on Friday, 18 June 1999 at
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      193 7 vsft»se*i& k1 bp k Ik I i l^^^Hl .:9k i 1 i iBMMiW&Is B 1 fl B JHkt V~*l|H r. 1 ~^®|M^Mg- V*' -s^; i■ I yJ f•' V n Rf/fl B .f 'IBIBkeI >!^^ '"I v ,< > 'j£». > -Tlnlß^— 3^B^^^^^BK^fc^*i s StfJ :.v"" jSaSS^S^jt -xgs»SOMWißgHK.f*afcWffsff-gy: V»<7 T
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  • CHINA-HONGKONG-TAIWAN
    • Article
      UMC may move DRAM production to Japan
      371 8  -  It says it wants to upgrade, but move will also avoid new US anti-dumping tax From. Macabe Keliher in Taipei IN what Is seen by some as a move to avoid the anti-dump-ing tax levied by the US government on Taiwan computer memory
      371 words
    • Article
      Exposed: Cyberport scoop snoop
      284 8  -  Front Meera Tharmaratnam in Hongkong A PRIVATE investigator hired to snoop into press reports about Hongkong's HKSI3 billion (552.9 billion) cyberport project was quickly found out last week by one of the journalists he was attempting to investigate, the South China Morning Post reported. David Webb,
      284 words
    • Article, Illustration
      Lock icon The Pirate Menace
      70 8 [HONGKONG] Pirated VCD of the new Star Wars blockbuster, "Star Wars Episode I: The Phantom Menace is displayed by the Motion Pictures Association yesterday after they were found on sale for HK$25 to HKS3O (US$5.6O to 556.70) in Hongkong and Macau, less than a week after its
      REUTERS  -  70 words
    • Article
      Lock icon China: We can survive without WTO
      428 8 BEIJING Reuters FT BEIJING yesterday shrugged off calls by two senior US lawmakers to freeze WTO talks with China, and analysts said a trade deal this year now looked increasingly unlikely. "Even if this continues to drag on, our economy will continue to develop,"
      Reuters; FT  -  428 words
    • Article
      Lock icon HK's Q1 GDP seen showing fall of 5.5-2%
      513 8 HONGKONG Expectations reflect improvement in its economy in Q1 AFX-Asia, AFP HONGKONG'S first-quarter GDP is expected to show a year-on-year contraction of minus 5.5-2 per cent when preliminary official estimates are released today, with the market consensus at minus 3.5-3 per cent,
      AFX-Asia,; AFP  -  513 words
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      260 8 .-v. a THE CbttA BAG THE BEST BUYS 0F THE CENTURY GRAND LUCKY DRAW Spend $20 minimum at any Grand Draw Participant (see list below) to win the ta|i£ I Mail to: Locked Bag Service 026, MacPhenon Road Post j 1 Office, (S) *****6. Or drop into lucky draw box
      260 words
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      568 9 ■Mb^ >'r -%i A. 4^W.AK L .L /^fc.• J^^^ 3^^^*ilX««L v>o*i^%Jy'frV>H^^^^^^^^^^MPalJi3i«fcifc«fc«CA»C^^^^B^ *r j i'|| Introducing Global Currency Fund Currency investments with unit trust flexibility and affordability Now you can enjoy the best of both currency investments and unit trusts with OUB's new Global Global Investment, Sound Management Currency Fund, an
      568 words
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      3497 10 3. OPERATING PROFIT lOANS RECEIVABLE (conrd) (a) Operating profit is arrived it after Group Company These arc estimated at follows I V I IMe 1997 ,M Group awdCnnpini. i Mianee $w ,o ,o to Charging > Years after year end Directors'emoluments Within two years *****3 605.831 Remuneration 552 Lesj Within
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      3882 11 3. Find Assets (coord) 17. Trade Creditors >11 MM Arrumulatad Depredation The Group The Company X J 5" IfPl Depredation 199* 1997 1991 1997 At beginning Ourgt for At end of Chary# S S I ffl 1 The Company of the yaer the yaar Disposals the r«< for 1997 Tb««
      3,882 words
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  • ASIA
    • Article, Illustration
      Lock icon Kashmir tensions take toll on India, Pakistan markets; rupee
      571 12 BOMBAY Pakistan stocks down 4.4%; BSE index down 2.8%; rupee at record low AFP, Reuters INDIA and Pakistan markets fell yesterday on news Pakistan had shot down two Indian jets in the escalating crisis over the disputed territory of Kashmir. India's
      AFP,; Reuters; Source: Bloomberg  -  571 words
    • Article
      Lock icon S&P: No end in sight for Japan's bank crisis
      443 12 TOKYO More provisions to come, go vt funds inadequate, it says AFP JAPAN'S banking crisis shows no signs of ending despite the top 17 banks writing off about US$B2 billion (*****.7 billion) in bad loans in the past year, US ratings
      AFP  -  443 words
    • Article
      Lock icon More Asia firms keen on NYSE listing
      146 12 HONGKONG Bridge News THERE is apparently growing interest for Asian companies to list on the New York Stock Exchange, said James Shapiro, the New York Stock Exchange Inc's vice-presi-dent for international listing (Asia-Pacific region). Currently, there are about 58 Asian companies listed on
      Bridge News  -  146 words
    • Article, Illustration
      Lock icon Australia s richest man gets even richer
      348 12 MELBOURNE Reuters [MELBOURNE] Australia's richest man, Kerry Packer, added Asl.2 billion (Ssl.4 million) to his fortune in 1998 to take his net worth to an estimated A 56.4 billion, according to the 1999 Business Review Weekly Rich 200 list. Mr Packer also topped
      Reuters; FILE PHOTO  -  348 words
    • ASIA Notes
      • Article
        Lock icon Seoul posts US$2.5b trade surplus
        96 12 Bridge News [SEOUL] South Korea posted a trade surplus of US$2.5 billion (554.3 billion) in April, fractionally down from the preliminary announcement of U552.56 billion, said the Ministry of Commerce, Industry and Energy yesterday. The surplus irf April brought the trade surplus for the Jan-April
        Bridge News  -  96 words
      • Article
        Lock icon Telstra sale bill passes first hurdle
        67 12 Reuters [CANBERRA] The Australian government's attempt to push through a full sale of telecoms giant Telstra Corp Ltd cleared its first hurdle yesterday when the Parliament agreed to further debate on the sell-down. The Senate, or Upper House, voted 35-33 for the conservative Liberal-National
        Reuters  -  67 words
      • Article
        Lock icon Tax free corporate bond payments?
        77 12 Bloomberg (CANBERRA] Australia is more likely to widen tax exemptions on corporate bonds after a parliamentary committee scrutinising a bill raised no objections to the change. The government plans to extend exemptions on withholding tax —paid at a 10 per cent rate by overseas investors
        Bloomberg  -  77 words
      • Article
        Lock icon New Japanese business news channel
        46 12 Reuters [TOKYO] CNBC Asia and Japanese business daily Nikon Keizai Shimbun agreed yesterday to create a 24-hour business news channel to be aired via Japanese satellite television. The joint venture will combine existing business news channels owned by the two companies.
        Reuters  -  46 words
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      1167 12 Meiban Plastic Ltd H |MJ (Incorporated in the Republic of Singapore) [Notice of Annual General Meeting] NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the Company will be held at the Board Room, 230 Victoria Street, #12-00 Bugis Junction Towers, Singapore *****4 on 14 June 1999 at
      1,167 words
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      37 13 aSB ceed by bus scrvice. vs\> ECpVlxi? Fort Rd. proceed along P Xv g Guillemard Rd connect-ing Paya %vSnBP Lebar/Upper Paya Lebar Rds. L lite OT> along Macpherson Rd towards Upper B| I //£k, Paya Lebar Rd.
      37 words
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  • TOE WORLD
    • Article
      Lock icon US GDP grew 4.1% in Q1, down from 4.5% estimate
      519 14 WASHINGTON Strongest pace of consumer spending in 11 years offeet by growing trade deficit Bloomberg THE US government trimmed its estimate of US economic growth in the first quarter as a widening trade deficit subtracted from the strongest pace of
      Bloomberg  -  519 words
    • Article, Illustration
      Lock icon River view
      46 14 [BERLIN] Ships passing the 30-metrehigh "Molecule Man" sculpture, created by American artist Jonathan Borofsky and erected in the middle of the Spree river, on Wednesday. "The Molecule Man is the symbol for human relationships, "Mr Borofsky said during a news conference in Berlin. REUTERS
      REUTERS  -  46 words
    • Article, Illustration
      Lock icon Heavy selling pushes euro to new floor
      386 14  -  EURO SLIDE US$ firms against yen but loses ground toother Asian units By\ Larry Wee [SINGAPORE] The besieged European currency continued to bear the brunt of selling in foreign exchange markets, hitting a new low for the second time in two days when
      Source:  -  386 words
    • Article
      Lock icon Euro has good potential to rebound: Tietmeyer
      289 14 FRANKFURT Bloomberg, Reuters THE euro has got the potential to rebound from its current slump against the dollar, Bundesbank President Hans Tietmeyer said, adding that Europe's single currency might rise soon. "The euro has good potential, today and tomorrow," Mr Tietmeyer, a member
      Bloomberg,; Reuters  -  289 words
    • Article
      Lock icon UK industry seen pulling out of recession
      166 15 LONDON AFP, Reuters BRITISH industry will pull out of recession over the summer and economic growth will be stronger than expected, a leading employers group said yesterday. But the Confederation of British Industry (CBI) reiterated its calls for a swift cut in interest
      AFP,; Reuters  -  166 words
    • Article
      Lock icon M'soft charged IBM more for Windows: exec
      402 15 THE MICROSOFT CASE Bloomberg [RALEIGH, North Carolina] Microsoft Corp told IBM Corp it paid more to install Windows software than other companies because IBM sells rival software, an executive for the computer maker testified. Garry Norris, who negotiated Windows licensing agreements for IBM,
      Bloomberg  -  402 words
    • Article
      Lock icon French growth of 0.3% in Q1 slowest since Q3 '98
      271 15 PARIS Bloomberg FRENCH economic growth slowed in the first quarter as companies scaled back inventories as a result of falling sales in Asia and Latin America. Europe's second-largest economy expanded 0.3 per cent, the slowest growth rate since the third
      Bloomberg  -  271 words
    • Article, Illustration
      Lock icon OECD backs new round of WTO trade talks but agenda vague
      443 15 PARIS Still no agreement on whether talks should be expanded into folly-fledged round AFP INDUSTRIAL countries gave their support here yesterday to a new round of global trade talks to begin in November, but were unable to agree on
      AFP  -  443 words
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      110 14 BRAVO *Sj& Spain 1 i to m > i J Art inside, a work of art outside. C o 111 <* (o Bill).to Cotili' In (Ik- Guyv'tnlit-im .iiml ov« i «Ml<- «>( (lie f x M most impt rsMvc ontcmpoi .11 y .11 ihiim iiiiis im t f»«- woi lil.
      110 words
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      35 15 TheßuhnessTimes Shipping Times 5 days a week A new add ress, extremement Christofle j Pavilion JRL-. Christofle w J BBSBmm[•] Pavilion Christofle Unit 01-19 A NGEE ANN CITY, 391 Orchard Road, Singapore *****2. Tel. *****90
      35 words
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  • SPORTS
    • Article, Illustration
      Lock icon Man U set the standards
      823 16 Treble of European Cap and domestic doable tough act for others to follow Reuters, AFP [BARCELONA] Manchester United have set glittering new standards that few clubs could ever hope to equal by clinching the European Cup and winning an incredible treble of honours. And no
      Reuters,; AFP; AFP, REUTERS  -  823 words
    • Article
      Lock icon Best team didn't win: Matthaus
      569 16 United simply had more Inck, says veteran defender Reuters [BARCELONA] Heartbroken Bayern Munich defender Lothar Matthaus summed up the feelings of his players yesterday with a terse "The best team didn't win". The hopes of the 38-year-old Matthaus of winning the one major medal missing
      Reuters  -  569 words
    • Article
      Redressing the balance with Germany
      587 16  -  England-Germany encounters tended to go just one way until yesterday, says SHAHXROM SAHABI SHAHIRON SAHARI GARY Lineker once described soccer as a game where 22 men kick a ball around, "and in the end the Germans win". Manchester United defied that definition yesterday. It is
      587 words
    • Article
      Lock icon Don't blame me for World Cup flop, says Ranatunga
      415 16 WORLD CUP CRICKET Sri Lankan captain blames bowlers for champions' defeats AFP LONDON Arjuna Ranatunga's stubborn refusal to accept any blame for Sri Lanka's World Cup failure may undermine his fragile hold on the captaincy in the months to come. Ranatunga,
      AFP  -  415 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Sonia is only party leader with appeal
      714 17  -  THE BOTTOM LDVB OPINION By Rajendra Bajpai The writer is a New Delhi-based journalist who contributes to BT FOR nearly a week, Indian media debated feverishly whether Italian-born Sonia Gandhi, widow of slain former premier Rajiv Gandhi, should or should not become the
      714 words
    • Article
      IN OTHER WORDS
      182 17 The reason investors are buying bonds of this kind is to make money, and whatever (Mahathir) decides to do on the home front is neither here nor there.' Albert Jan Hofinan head of Asia Pacific fixed-income research at ABNAmro Bank in Singapore, on why Malaysian sovereign bonds
      182 words
    • Article
      US spy report is dangerous hype
      578 17 EDITORIAL JUDGING by the amount of time and energy that the United States Congress and the American media have been devoting in recent months to looking into charges of Chinese nuclear espionage, one would have expected their spycatchers to be announcing that they have
      578 words
    • Article, Illustration
      Lock icon Plenty to worry about in American economy
      934 17  -  Wall St is in a speculative boll market and the US balance-of-payments deficit keeps growing By Paul Samuelson The writer is an economist at the Massachusetts Institute of Technology IN THESE palmy days for the American economy, one actually hears some people saying:
      FILE PHOTO  -  934 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1022 17 Oo*lition Is Ukelj result "DEMOCRACY" as practised by Suharto was a veneer masking authoritarianism. His regime permitted only three parties to contest parliamentary elections: the nationalist and secular Indonesian Democracy Party, the Muslim United Development Party and the governmentsupported Golkar party. There was never any doubt
      1,022 words
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      54 18 M I?**** -<« ?j 3pf^r t.- ♦^./i ,JiO/y 4 J' > i. 2.0 litre DOHC ENGINE 150 PS REAL TIME 4WD ELECTRIC GLASS SUNROOF AUTOMATIC CLIMATE CONTROL DUAL SRS AIRBAG ABS ALLOY RIMS Free Leather Upholstery and Hard Tyre Cover with bookings before 31st May 1999. Sports Model 5149.888 with
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Reverse takeover of Arab-M'sian Finance in revamp
      698 19  -  Arab-M'sian Bank to be injected into listed finance company: sources From, Ruth Wong in Kuala Lumpur PROMINENT banker Azman Hashim is restructuring his financial services arm AMMB Holdings Bhd, and injecting its commercial bank Arab-Malaysian Bank into the listed finance company Arab-Malaysian Finance
      FILE PHOTO  -  698 words
    • Article
      Hong Leong denies turning Copthorne Orchid into condo
      272 19  -  Heavy share trading in Republic Hotel Resorts By Ang Wan May [SINGAPORE] Market talk that Kwek Leng Beng's Copthorne Orchid hotel along Dunearn Road is to be redeveloped into a condominium has "no basis" and no application has been made to rezone
      272 words
    • Article, Illustration
      CityDev expects profits in next condo launch
      406 19  -  Developer plans to lannch over 1,000 units this year to tap improved sentiment By, Ang Wan May [SINGAPORE] In a further sign that the property market is improving, City Developments said its next condo launch could be profitable a rare feat given the
      406 words
    • Article
      Freight Links update on merger talks
      129 19 [SINGAPORE] In response to a Stock Exchange of Singapore (SES) request for an update on an April announcement about a possible merger with outside parties, Freight Links Express Holdings said its board "is of the view that discussions with the Singa-pore-listed party are not
      129 words
    • Article
      Market finds Freight Links chief's share sales puzzling
      857 19  -  HOCK LOCK SIEW Louis Beckerling DAVID Lim, the chairman of warehousing and freight-forwarding company Freight Links Express Holdings (FLEH), has raised eyebrows in offloading 125 million of his shares in the company in recent weeks. It's not the magnitude of the sales
      857 words
    • COMPANIES
      • Article
        NEL says it expects 50% growth in sales; shares jump 11%
        416 20  -  Margins to stay at same levels, firm also working on some 'major things': CEO By< Annette Pau [SINGAPORE] Nat Steel Electronics said yesterday afternoon that it expects some 50 per cent growth in sales for the first six months
        416 words
      • Article
        AFP gets nod to list oil-palm related businesses
        340 20  -  News sparks heavy trading in usually quiet counter By. Eugene Low [SINGAPORE] Asia Food Properties (AFP) yesterday said it had received in-princi-ple approval from the stock exchange to list its oil-palm related businesses on the main board, triggering heavy trading in its
        340 words
      • Article
        Informatics' group net profit jumps 15.4%
        260 20  -  By\ Soh Tiang Keng [SINGAPORE] Informatics Holdings yesterday announced a 15.4 per cent increase in its group net profit to $10 million for the financial year ended March 31, 1999. The IT training and education company said this was achieved on the back of
        260 words
      • Article
        KLSE statement on Bintang Melewar Clob offer
        384 20 We reproduce below the statement from the Kuala Lumpur Stock Exchange on Bintang Melewar's closed end fund offer: In response to media enquiries on private sector proposals to resolve the Central Limit Order Book International (Clob) issue, the Kuala Lumpur Stock Exchange (KLSE)
        384 words
      • Article, Illustration
        Lock icon Jeweller Lee Hwa gets green light for mainboard listing
        315 20  -  Aggressive retailer posted $5.2 m pre-tax profit in '98 By' Teh Hooi Ling [SINGAPORE] Lee Hwa Holdings, one of the largest contemporary jewellery manufacturers and retailers in Singapore, has received inprinciple approval from the Stock Exchange of Singapore for a mainboard
        CHRIS LOH  -  315 words
      • Article
        Powermatic Data posts $1.2m loss
        263 20  -  IT firm says downturn resulted in lower sales By David Boey [SINGAPORE] Powermatic Data Systems Ltd, a main-board-listed information technology firm, fell into the red last year with a $1.21 million loss. This loss is a marked decline compared to profit of $62,000 it reported
        263 words
      • Article
        M'sian brokers face capital adequacy requirement rules
        441 20  -  Move aims to help COmp&llieS manage business risks From Ruth Wong in Kuala Lumpur THE Kuala Lumpur Stock Exchange (KLSE) will implement capital adequacy requirement (CAR) rules for brokerages in a move to provide a pro-active alert mechanism for stockbroking companies to quantify
        441 words
      • COMPANY Briefs
        • Article
          NatSteel cuts stake in SPC
          53 20 [SINGAPORE] Nat Steel Ltd said yesterday that it has sold 517,000 Singapore Petroleum Company shares at an average price of $1,497 each. Nat Steel would have reaped some $774,000 from the sale. It said that following the sale, it now holds a 9.9 per cent
          53 words
        • Article
          Grand Orient in Dragon Land placement
          49 20 (SINGAPORE] Property developer Dragon Land said yesterday that Grand Orient Securities has agreed to subscribe to or procure subscription for 26.8 million placement shares priced at 15.45 US cents apiece. The sale would cost Grand Orient some US$4.l4 million (557.2 million) to conclude.
          49 words
        • Article
          Lock icon BBR to place 20m shares at 34 cts each
          69 20 Reuters [SINGAPORE] Engineering group BBR Holdings (S) Ltd said yesterday it plans to place 20 million new shares at $0.34 a share, or at an 8 per cent discount to the average price of $0.3695 for BBR shares traded yesterday. The
          Reuters  -  69 words
        • Article
          Lock icon Kedah Cement stake sale extended
          95 20 Reuters [KUALA LUMPUR] Three Malaysian companies involved in the proposed sale of a stake in Kedah Cement Holdings Bhd to Malayan Cement Bhd said they have agreed to extend the period to fulfil the sale conditions. Malayan Cement and vendors Hicom Holdings and Bolton Bhd
          Reuters  -  95 words
      • Article, Illustration
        Lock icon Hitachi posts first-ever net loss of 339b yen
        546 21 Microchip, consumer divisions still bleeding amid overall sales decline Bloomberg [TOKYO] Hitachi, Japan's largest electronics maker, yesterday reported its firstever group loss as red ink on microchips and household electronics were aggravated by the cost of liquidating and merging subsidiaries. Hitachi, whose
        Bloomberg; FILE PHOTO  -  546 words
      • GLOBAL Briefs
        • Article
          Lock icon ING Q1 profit up 32% to 1.7b guilders
          47 21 Bloomberg [AMSTERDAM] ING Groep NV said first-quarter operating profit jumped 32 per cent to 1.7 billion guilders (Ssl.4 million) as its ING Barings investment bank rebounded from losses. Net income fell 12 per cent as year-ago gains weren't repeated.—Bloomberg
          Bloomberg  -  47 words
        • Article
          Lock icon NEC to boost DRAM output
          59 21 AFP [TOKYO] Japan's NEC Corp will boost monthly production of dynamic random access memory (DRAM) chips by 150 per cent to tackle competition from rivals. NEC now makes 12 million DRAM chips, mainly 64-megabit chips, a month, but plans to raise output to 30 million
          AFP  -  59 words
        • Article
          Lock icon Charter to buy Falcon Cable for US$3.6b
          65 21 Bloomberg [ST LOUIS] Charter Communications Inc, the cable-TV company owned by Microsoft co-founder Paul Allen, agreed to buy Falcon Cable Holdings for US$3.6 billion (Ss6.l billion) to fortify its Los Angeles-area stronghold and build currency for future cable swaps. Falcon is 54 per
          Bloomberg  -  65 words
      • Article
        Lock icon Gucci wins case over tie-up with Pinault; LYMH appeals
        496 21 LYMH asking court to cancel sale of 42% Gucci stake Bloomberg [AMSTERDAM] Gucci Group NV, Italy's biggest fashion company, won a victory for its alliance with Pinault-Prin-temps-Redoute SA after an Amsterdam court ruled against complaints by LVMH Moet Hennessy Louis Vuitton
        Bloomberg  -  496 words
      • Article
        Lock icon Mitsubishi Electric posts 45b yen loss
        175 21 Bloomberg [TOKYO] Mitsubishi Electric Corp, one of Japan's largest electronics makers, reported a wider-than-expected full year loss, its second straight, as its microchip business lost money and Japan's recession bit into demand for home electronics and factory-auto-mation equipment. Japan's No 1 elevator maker posted
        Bloomberg  -  175 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Goldman takes 16.8% of Kookmin Bank for US$500m
        504 22 Move will make it the biggest shareholder in the Korean retail bank AFP [SEOUL] US investment bank Goldman Sachs yesterday signed a contract to acquire a 16.8 per cent stake in Kookmin Bank, South Korea's largest retail bank, for US$5OO million (*****.4
        AFP  -  504 words
      • Article, Illustration
        Lock icon Deutsche Bank buys cable TV network for 1.5b marks
        407 22 Deal spurs restructuring in German cable arena Bloomberg [FRANKFURT] Deutsche Bank, Europe's biggest bank, will buy Germany's secondlargest cable TV network, Telecolumbus, from Veba and RWE for 1.45 billion deutschemarks (Ssl.3 billion) in cash and debt as it seeks to drive
        Bloomberg  -  407 words
      • Article
        Lock icon Schwab offers free ATM access
        357 22 Bloomberg [SAN FRANCISCO] Charles Schwab Corp, the biggest discount and online brokerage, said customers who use a new online cash management and cheque account will get free use of automated teller machines worldwide. Schwab shares rose 121/8, or 13 per cent, to 108 3/4 on
        Bloomberg  -  357 words
      • Article
        Futures rise in line with Wall Street gains
        151 23  -  STMEX Reports MSC1 Singapore Index Larry Tee, Jardine Fleming THE Simex MSCI Singapore Stock Index futures opened at the high of 272.8 yesterday after overnight gains of 1.62 per cent on Wall Street. May futures contract settled at 270.5 with a gain
        151 words
      • Article
        Futures lose momentum after opening rise
        146 23  -  MSCI Taiwan (titnres Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract was unable to sustain its upward momentum yesterday, sliding 0.1 point and 1.1 points for the May and June *99 contract respectively. The benchmark TWSE index continued its raUy,
        146 words
      • Article
        Lock icon Petrol Me changed as traders await restart of Exxon refinery
        356 23 RRRRIIY REPORT Bloomberg [NEW YORK] Petrol was little changed yesterday as traders awaited signs of how long production at the nation's second biggest refinery will be disrupted by a power failure, reducing supplies as the peak season for motorist demand
        Bloomberg  -  356 words
      • Article
        Lock icon CURRENCY REPORT
        335 23 Reuters London THE euro bounced from lifetime lows against the dollar set early in the European session yesterday, but the European single currency is poised for another sell-off, analysts said. "People are pretty negative about the euro," said Glenn Davies, chief economist at Credit Lyonnais. "In the longer
        Reuters  -  335 words
      • Article, Illustration
        Untitled
        1237 23 MTHRBAlfK CROSS RATES May2 i C$ hro Pfr Dw HK$ IndfrBuplK. Y— Wow m *2$Pafch hw II «r m Ug ji Australia 0.956 6.178 0.625 4.096 1222 5.05) 27.935 52.751 0.797 7.740 2.475 120 33.767 24.783 U28 4066 0.996 ***** ***** 0.409 0.651 Canada 1046 5.656 0.654 4288 1279 5.285
        1,237 words
      • Article
        Untitled
        1716 23 8IC0M FUTURES May 27 MfMCR (fntwts cMag m at SJOpm) RSS1 CONTRACTS cwti/kq) Close Voteme Open Month Wgh Low Sett (toones) Interest Jl»99 106.00 50 M99 106.75 700 Acg 99 108.50 375 Sep 99 ***** 275 Od/Dec 99 116.00 1500 JM/Hv 00 120.75 MS 3 CONTRACT (US cwts/fc*) VotaflM Opm
        1,716 words
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      Lock icon HONGKONG
      1418 24 AFP P Hang Seng -100.63 HONGKONG share prices fell 0.8 per cent yesterday on the absence of fresh buying incentives, failing to sustain early gains on a strong overnight close on Wall Street, dealers said. "Investors are waiting for signals on direction. As a result, the index is moving
      AFP  -  1,418 words
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      Lock icon CHINA
      546 24 Reuters nShenzfaenßlndex *156 SHENZHEN'S hard currency B shares closed 4.43 per cent higher yesterday, powered by heavy interest from China-backed institutions based in Hongkong, analysts said. The B share index jumped 2.56 points to 60.50 on active turnover of HK$34.l million, more than double Wednesday's turnover of HKJIS.7 million.
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  546 words
    • Article
      Lock icon TAIPEI
      334 24 AFP HWPlnda *4238 TAIWAN share prices closed 0.6 per cent higher yesterday on strong buying of cyclical shares, dealers said. "Liquidity switched to cyclical shares from technology stocks for bargain-hunting," said Clement Lou, manager of Taiwan International Securities. The so-called cyclical shares are stocks in raw-ma- terial providers for
      AFP  -  334 words
    • Article
      WORLD STOCK MARKETS
      2155 24 MostHals *iv tawi *h 3i Group 7.01 0.04 Abbey Nation*! 12.81 -0.18 ABFobds 4.57 -0.18 A 8 Port! 2.82 -0.04 Alliance i Leicester 9.1S -0.03 AMed Oomecg 5.83 0.08 AUMZlvkil 7.67 -0.K) Anglo American GoM 43.70 unch ASDA Croup 1.79 -0.02 Sank of Scotland 8.50 -0.07 Barclays
      2,155 words
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      Lock icon TOKYO
      1614 24 AFP QNikkfi 225 -5133 SHARE prices in Tokyo edged down yesterday as investors sat on the sidelines, despite a rebound in volatile trading on Wall Street, brokers said. The key Nikkei average of 225 leading issues lost 53.33 points to end at 16,177.19. "Despite higher prices in New York
      AFP  -  1,614 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8559 25 INDUSTRIALS COMMMT pntKtS 1999 Last Vol Day Net Cap H*q» Low C imp any Sale 'OOP Hmi Low P/t %m» 380 255 AJinomoto 332 8 7 336 330 211 134.6 115 46 Anqkasa 93 -1 59 97 93 137.1 293 220 Apollo Food Hlq 270 1 1 270 270 9.4
        8,559 words
      • Article, Illustration
        Lock icon Shares end higher on institutional support
        409 25 AFP Composite Index +&52 MALAYSIAN share prices closed 0.9 per 6ent higher yesterday in modest trade due to buying support for index-linked stocks, dealers said. Dealers said institutional support for selected blue chips helped keep the composite index in positive territory. There appeared to
        AFP  -  409 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Takeover speculation fuelling Econ Intl wrt
        190 26  -  WARRANT WATCH By Ven Sreenivasan ECON International has been in play for about three weeks now, with punters and investors generally homing in on those counters which are the subject of takeover rumours. The stock rose four cents to close at 79.5 cents yesterday.
        190 words
      • Article
        Untitled
        2205 26 BONOS, LOANS i WARRANTS w 52-Wk Laftt Vol Day Last Ooata A*g High Law Stno Company Jala ♦Of COOO) Hlgft Law Buyar Sailar Prlca 3 ft 3160 ~"Acar *0)0731 USS 25 *2.5 798 25.5 23.5 24 25 57.5 4.5 s 3164 AcmaW*****4 45.5 -1 1193 49 45 45 46 44
        2,205 words
      • Article
        CLOB INTERNATIONAL
        212 26 honokono stocks Of Of S2-«n Lost Vol Day LastOuoto Otv Dtv VM MM M Cm MUh Law Stop Com—ny Sato rOOO) Ht» La» Bwyor 1—or Cw M >«w> 345 173 5123 CDL(2000)HK 325 335 8 3.7 25 11 6292 5 5124 Cathay Pac 20c HK_ 720 265 2.1
        212 words
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        Lock icon JAKARTA
        673 26 AFP A Composite Index -2L67 INDONESIAN shares fell 0.4 per cent yesterday with prof-it-taking in blue chips pushing down the index, dealers said. An institutional dealer at a regional brokerage said the market reflected concerns about whether the ongoing campaign for the June 7 elections would remain peaceful. "There
        AFP  -  673 words
      • Article
        Lock icon MANILA
        302 26 AFP Pmmlt +12.53 PHILIPPINE share prices rose 0.5 per cent yesterday ahead of the release of economic growth figures for the first quarter, analysts said. The Philippine Stock Exchange Composite Index rose 12.53 points to close the day at 2,402.88. Volume was 1.23 billion shares worth 3.4 billion pesos.
        AFP  -  302 words
      • Article, Illustration
        Lock icon BANGKOK
        875 26 AFP n SET Index +€J7 THAI share prices gained 1.3 per cent yesterday led by building and finance issues but closed off earlier highs as profit-taking emerged in the afternoon session, analysts said. Setyiment was supported by Wall Street's overnight gains, they said. The benchmark Stock Exchange of Thailand
        AFP  -  875 words
      • Article
        Lock icon SEOUL
        392 26 AFP P Composite fain 4H SOUTH Korean share prices ended slightly higher yesterday, but well off their highs, as programme selling emerged towards the close amid a weaker futures market, dealers said. "The market is expected to perform weakly in June due to the rights issues, but any steep
        AFP  -  392 words
      • Article
        Lock icon SYDNEY
        660 26 AFP PADOrfairiei -IXB AUSTRALIAN stocks closed down 0.5 per cent yesterday despite a rise on Wall Street as the futures market came under heavy selling pressure, brokers said. The All Ordinaries Index ended down 13.8 points at 2,904.70. The All Industrials Index closed down 17.4 points at 5,135.20 and
        AFP  -  660 words
      • Article
        Lock icon WELLINGTON
        287 26 AFP Q Wellington ****** NEW Zealand share prices rose 1.2 per cent yesterday in heavy trade dominated by Telecom Corp and Air New Zealand, dealers said. The NZSE-40 Capital Index ended 26.12 points higher at 2,126.72 on turnover of more than NZ$255 million. *mn *n nm Advantage HQS 1.76
        AFP  -  287 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6414 27 Transaction date: May 27 Or Or M Wt List Vol Doy Lost Quo to Wv Dhr VH Not Coo Avf StNo Company Silt fOOO) MH»i law Buyar Cvr H P/C $mh Prka WiTHNOOSm *7 17.5 m b 1000 Aetna 50c 135 cd unch 1973
      6,414 words
    • Article
      SESDAQ
      1159 27 Gt Or M Wt «2-Wk LMt Val Day LMt Onata W* Olv VM Nat Ca» A«« nm> t— tw> Camjamy %tt» fOOOl W# U» c w f,l MMNPACI1IMM 142 30 c 2049 AS Auto 10c 124 *1 8081 134 122 124 »N 7 12 V 141.6 119 89.5 45
      1,159 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        391 28 mEMMsammm Stacks Wi Eton Intl 20c 56,550,000 LianBeng5c 44,498,000 Asm Food* Prop 40,163,000 popular Kk 36,578,000 GES Intl Ltd 20c 34,180,000 SMB United Wc 30.770,000 SM Summit 10c 30,456,000 Frt Links 20c 30,446,000 Imo-Pac 20c 29,816,000 Liang HuatWc 27,569,000 StKfa t DBS Foreiqn 59,060,155 GES Intl Ltd 20c 46,272,459 Econ
        391 words
      • Article, Illustration
        STI snaps losing streak on the back of Wall St rally
        629 28  -  STOCK MARKET COMMENTARY Pnnters ignore another spike in three-month interbank rate to chase snb-dollar stocks By Ven Sreenivasan SHARES ended higher yesterday, boosted by an overnight rally on Wall Street. However, most of the interest remained focused on speculative
        629 words
      • ON THE GRAPEVINE
        • Article
          New view on US monetary policy
          140 28 IN its Asia-Pacific Perspective weekly, Salomon Smith Barney's economist, Arup Raha, said the firm's house view on US monetary policy has changed. In particular, it now expects the target Fed Funds rate to be 5 per cent in three months and 5.5 per cent
          140 words
        • Article
          New-old blend
          55 28 panpacmedia.com, which recently took on its new name to reflect its Internet push, has announced plans to launch a Yahoo-style Web site next month. But as to the exact date, we sure were tickled to hear this from the forward-looking company: it would depend on when thefengshui experts
          55 words
        • Article
          Trio rope in SingTel Mobile
          131 28 WHY settle for co-branding when you can go for multiple-branding? In what is increasingly the trend, MasterCard, Esso and DBS Bank yesterday roped in Sing Tel Mobile to their existing partnership which intends to promote loyalty for the popular DBS-Esso Master Card. While giving no
          131 words
        • Article
          French Open en the Net
          81 28 IF you are a diehard tennis fan, but cant make the trip to Paris for the French Open tennis tournament from May 24 through June 6, fret not Just log on to www.frenchopen.org and check out the live action, scores and tennis trivia available there.
          81 words
        • Article
          Net Aid to eradicate poverty?
          82 28 THE United Nations Development Programme (UNDP) and US networking giant Cisco Systems Inc are doing their bit to help eradicate poverty. In October, the UNDP and Cisco will organise a concert that will be broadcast live on the Internet from three different venues in New
          82 words
      • Article, Illustration
        HOT STOCK
        66 28  -  -By Wong Wei Kong ECON International shares rose four cents to $0,795 yesterday on a volume of 56.6 million shares, compared with its 10-day traded average of 11.4 million shares. The technical indicators like the RSI and Stochastics suggest that the stock is likely to encounter resistance when
        66 words
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      411 20 flgni CHUAN HUP HOLDINGS LIMITED mil NOTICE of extraordinary general meeting NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders of Chuan Hup Holdings Limited (the 'Shareholders') will be held at 322 Jalan Ahmad Ibrahim Singapore *****1 on 21 June 1999 at 2.00 p.m. for the purpose
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      21 20 BusinesslT The IT news you need to know h.!! if if,. I i fHK. l i rIK'J Every Monday in THKBIJSINESSTIMES
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      152 21 m GIVE |»YOUR FAMILY te-V-.* f| MORE THAN J* GRE AT ,J MEMORIES li|| Leaving your assets to your loved ones s should be a simple and uncomplicated thing. lk But without careful planning, good intentions may not be enough. <4 At The Breakthrough Group, we help you protect and
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      216 21 Wines.., Cellars -30 May, 11 am -10 pm, Tanglin Mall, LI Atrium WIOmWSCOUM! Featuring wines from Australia, Chile, France„Germany, Italy, New Zealand, Spain, South Africa, U.5.A... Italian Sangiovese Tasting, 6.30pm, Fri 28 May, $18 per entry Bordeaux Crv Oasse 1994 Vintage Tasting, 3pm, Sat 29 May, Free admission AUSTRALIA FRANCE
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      1894 22 /W Hon Reserve during 1994-95. r The additional depreciation on the revalued amounts charged lor the year has been adjusted against Revaluation Reserve. 9.(1) Revaluation ol property carried out in the year 1994-95 In H respect ot Singapore Branch amounting to Rs. 130.59 crores Is 1 l/B\H not permitted to
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      Page 22 Advertisements Column 2
      1004 22 A* Indian Overseas Bank (Incorporated In loda) V V Central Office, 763, Anna Satai Chennal 600 002 BALANCE SHEET AS AT 31 «t MARCH 1998 LOSS ACCOUNT FOR THE YEAR r— —T ENDED 31st MARCH 1996 Rein *000* Rain *000* Schedules 31.03.98 31.03.97 Schedules 31.03.98 31.03J7 LIABILITIES Capital 01 333
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      276 26 ASAHI PRECISION PTE LTD NOTICE OF SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OP THE COMPANY DEEMED TO HAVE KEN HELD FURSUANTTO SECTION 179(6) OPIHB COMPANIES ACT (CAP 90) AT 16 ANG MO KIO INDUSTRIAL PARK SINGAPORE *****4 ON TM29TU DAY OP MAY 1999 AT
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      296 26 S.G.N. SERVICES PTE LTD NOTICE Of SPECIAL RESOLUTIONS NOTICE IS HEREBY GIVEN THAT AT AN EXTRAORDINARY GENERAL MEETING OP THE COMPANY DEEMED TO HAVE BEEN HELD PURSUANT TO SECTION 179(6) OP THE COMPANIES ACT (CAP 90) AT 1 RUB DBS HERONS MONTIGNY IE BRETONNEUX ***** ST QUEMTN YVELINES CEDEX FRANCE
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      271 26 THE COMPANIES ACT, CAP. 5$ ELEGANT INVESTMENTS PTE LTD (hi VahMtary Liquidation) At mi Extraordinary Oeneral Meeting of ike Members of Elegant Investment! Pie Ud duly convened and held it 336 South Street <05-310 New Bridge Centre, Singapore *****6 on 21 at May 1999. the following Special Resolutions were duly
      271 words
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      14 26 Buy It. Sell It. Find It. Classified. CATJS. 1800-737-1166 Call Today For Results Tomorrow.
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      418 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KOOL-AIR TECHNICAL SERVICES PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 6 Harper Road *01-01, Leong Huat Building.
      418 words
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      315 28 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING-UP NO. 359 OF 1998 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ELBIRU ELECTRONICS PTE LTD (IN LIQUIDATION) NOTICE OF FIRST ANO FINAL DIVIDEND TO PREFERENTIAL CREDITORS NAME OF COMPANY: Elbiru Electronics Pte
      315 words
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      238 29 Cinema New from Chen Kaige EL 5 Making time for the arts w TFmm Scaling the corporate ladder rarely allows time for exercise, much less artistic fulfilment While there might be something of the adolescent tenor, schoolgirl pianist or campus dramatist that remains in the Raffles Place corporate lawyer or
      238 words
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      Page 29 Advertisements Column 2
      8 29 Nightspot Wmgg*r A Victorian Boat Quay EL 6
      8 words
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  • EXECUTIVE Lifestyle
    • COVER STORY
      • Article, Illustration
        Lock icon 'My wife is my sternest critic'
        1249 30 EOW Siak Fah, 60, is the chairman Citystate Holdings, a diversified group V with interests in insurance, food and beverage, and property development. The group has offices here in Singapore as well as in Malaysia, Hongkong and the Philippines. Opera buffs, however, saw Mr
        SINGAPORE LYRIC THEATRE  -  1,249 words
      • Article, Illustration
        Lock icon Let's write a musical
        811 30 WHEN he's not examining newborn babies or treating sick children, Kenneth Lyen can be found humming quietly to himself. A paediatrician in private practice, Dr Lyen has been writing music since his boyhood when he learnt to play the violin and piano. His musical career turned
        CHRIS LOH  -  811 words
      • Article, Illustration
        Lock icon A passionate commitment to the chorus line
        754 31 LINDA Kan, in her 40s, is a founder member of The Philharmonic Chorus, set up in 1994 by a small group of friends who sang for many years under the direction of Lim Yau, now musical director of the chorus. Since 1996, Ms
        CHRIS LOH  -  754 words
    • FESTIVAL VILLAGE
      • Article, Illustration
        Three nights of tribal sounds and folk dances
        711 31  -  PABYATHi mayab checks out the exciting lineup of performers at Fort Canning Park PARVATHI NAYAR ONE of the nicest outdoor venues in Singapore is the Fort Canning Park, with its interesting terrain and combination of open spaces and intimate nooks. It is
        711 words
      • Article, Illustration
        Hurry on down
        1050 32 IF YOU haven't bought your tickets to the Singapore Arts Festival, you might consider tearing your hair out just about now. Tickets are sold out for shows like Piano Seven, Famous Door Theatre's Hellcab and the June 19 performance by dance sensation Trisha Brown Company. Tickets for
        1,050 words
    • ENTERTAINMENT
      • Article
        Don't try to get everybody out of the box
        744 33  -  Off the Cliff or This emphasis on creative thinking is good, but what's a little less desirable is to turn this into a new doctrine for all and sundry to follow by Jaime Ee I have this pet hate-phrase: it's called
        744 words
      • STRAWS In The Wind
        • Article
          What your boss doesn't say
          85 33 PERFORMANCE appraisal terms and their real meanings: ♦Good Communication Skills—Spends lots of time on phone ♦Average Employee Not too bright ♦Exceptionally Well Qualified Made no major blunders yet ♦Work Is First Priority— Too ugly to get a date ♦Active Socially Drinks a lot ♦Independent Worker
          85 words
        • Article
          Agood excuse for speeding?
          71 33 A passenger in the taxi had no choice but to sit and suffer while the cab driver whizzed her to her destination, braking hard at every traffic light and cutting lanes every which way. When she could finally get out of the car, she couldn't help
          71 words
      • Article, Illustration
        Intricate tapestry of court intrigue
        703 33  -  CINEMA Brilliant acting and fine scenes help sustain the viewer's interest in Chen Kaige's three-hour epic of betrayals and bloodshed in ancient China By Susan Tsang THE BIG surprise about The First Emperor is that the costume epic is made by Chen Kaige and not
        703 words
      • Article, Illustration
        Never too young to be nasty
        559 33  -  CINEMA Cruel Intentions is a surprisingly smart and vicious teen take on Les Liaisons Dangerenses By. Parvathi Nayar OH NO, you go. Another teen flick, yet another bunch of Ken-and-Barbie wannabes going through the motions of slasher, coming of age or the current Hollywood
        559 words
      • Article, Illustration
        WHAT'S ON
        437 34  -  Compiled by Parvathi Nayar MULTIMEDIA Looking Back, Stepping Forward A 40-minute hybrid performance that combines modern dance, choral singing and acting. The aim, a sound-and-sight spectacle that allows each individual to reflect on their personal responses to the ticking of the Millennial Clock. May 28, 7pm at Singapore
        437 words
      • Article, Illustration
        Lock icon Victorian London on Boat Quay
        758 34  -  NIGHTSPOT The Penny Black's interior was built to scale in London, then shipped ont and reassembled here By\ Parvathi Nayar YOU'LL need a healthy slug of the establishment's best bitter, Ruddles, to rattle off its name which is quite a mouthful: The Penny Black Victorian
        ARTHUR LEE  -  758 words
    • Article, Illustration
      CIMEMA
      692 35 Amy. Drama with Rachel Griffiths Plaza. Analyse This. A shrink psychoanalyses a powerful mob boss. Starring Robert De Niro and Billy Crystal. Recommended. Bugis, Lido, Hougang, Republic, Suntec, West Mall, Toa Payoh, Jubilee, Whitesands, Yishun, Bishan, Tiong Bahru, Boon Lay, Marina, Tampines, Grand, Plaza. At First Sight. Tedious tale
      692 words
    • Article
      ENQUIRIES AND BOOKINGS
      116 35 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 EngWah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun Overseas Movie Clement i/Co'*ealth 777-0669 Golden/New
      116 words
    • EPICURE
      • Article, Illustration
        Lock icon Authentic German specialities
        696 36  -  jaime ee finds out what's on the menu of the newly re-opened Paulaner Brahaus JAIME EE THE sausageeating sister was not to be easily impressed. "I know my sausages," she says haughtily. "Are you sure Paulaner Brauhaus serves authentic German sausages?" In the first place, sausage-eating sister
        SIEW YAW HOONG  -  696 words
      • Article, Illustration
        Going bananas with Ah Meng at the zoo
        257 36 CRAVINGS TAKE a break from restaurant hopping at this year's Singapore Food Festival which starts in July. Head instead to the zoo and enjoy a goreng pisang with Ah Meng and friends. The Singapore Zoo and the Night Safari take part in
        257 words
      • Article, Illustration
        Copthorne's durian feast
        123 36 CDL Hotels has renamed its four-star properties Copthorne Hotels, in line with its international branding. What hasn't changed are the strong local flavours available at the Copthorne Hotels' food beverage outlets. Copthorne King's Singapore, which used to be King's Hotel, is still famous for its Penang buffet.
        123 words
      • Article
        Alsace meets Cantonese
        122 36  -  Compiled by Tan Su Yen ALSACE, in France's north-east, ha 9 all the perfect conditions for wine production: sunshine, dry weather and favourable soil. More importantly, the crisp white Alsace wines pair especially well with fine Chinese cuisine, as Sopexa, France's Food Beverage Marketing and Promotion Board,
        122 words
    • MOTORING
      • Article, Illustration
        You don't have to be big to be beautiful
        950 37  -  The one-litre Toyota Echo and Seat Collage show that it's what's inside that really counts, chuhtwhkk tax finds both exceeding expectations CHRISTOPHER TAN ALONG, long time ago, in a world far, far away, an empire of car companies made cruisers the
        950 words
    • RESIDENTIAL PROPERTY
      • Article
        House Hunt
        928 38 HDB transactions from April 1 to April 30, 1999. POSTAL CONTRACT BUILT-IN PMCE PSF LOCATION DISTRICT DATE (SOFT) (SWOff) CSS) BangkitRd *****7 20-Apr-99 1119 230 206 Bishan St 12 *****3 29-Apr-99 1164 325 279 Bishan St 13 *****8 22-Apr-99 1200 340 283 Bishan St 22 *****4 22-Apr-99 1120
        928 words
      • Article, Illustration
        Lock icon Grant cut seen hitting HDB resale market
        1305 38  -  As prices of resale flats climb, families may just return to HDB queues with the latest cut in housing grant davxd boey reports DAVID BOEY A LITTLE over a week after the government announced that CPF housing grants would be trimmed further by
        FILE PHOTOS  -  1,305 words
    • Investing' For Your Future
      • Article, Illustration
        Lock icon Doing your sums for studies abroad
        1343 39 An overseas university education carries a hefty price tag. Citibank's software can help you chart a plan to reach that goal Like most Singaporeans, you dream of sending your child overseas for university studies. The experience would be priceless, in terms of not just
        FILE PHOTO  -  1,343 words
      • Article
        Dollar cost averaging
        215 39 THIS week, the spotlight is on the term dollar cost averaging, which comes into play as a form of investing in stocks. It is increasingly used in unit trust investing, but many people remain hazy about what it means. Dollar cost averaging is a discipline of investing
        215 words
    • SINGAPORE CORPORATE GOLF LEAGUE
      • Article, Illustration
        Citibank is champ for second year
        1378 40 The team's four-club experience helps it clinch the fifth leg title and maintain decisive lead despite threat from runner-up Nelson Haworth AFTER a tense last leg battle at the Jurong Country Club on May 14, the popular Citibank/ Business Times Corporate Golf League found
        1,378 words
      • Article, Illustration
        Golfing with a heart
        332 42 PUTTING some heart into the golfing event was something the organisers decided to do this year, in each of the countries where the Corporate League is played. "In Manila, we are supporting a charity that looks after street children, while in Jakarta at each leg we
        332 words
      • Article, Illustration
        Spicing up the game
        201 42 ONE innovation to the Citibank/Business Times Corporate Golf League this year was the introduction of the Heritage Shot of the Day, which was awarded to the golfer who pulled off a difficult shot. The trophy was awarded at each leg by Brett Benzel, managing director and
        201 words
      • Article, Illustration
        Popularity of corporate golf leagues intact
        250 42 THE JBA Corporate Golf Leagues Asia continue to be popular and are regular items in the corporate golfing calendars across several South-east Asian countries. JBA's managing director John Burgess said: "Obviously it's been a tough couple of years for everyone, but we are really
        250 words
      • Article, Illustration
        First hole-in-one in S'pore league
        287 44 AFTER four years of trying, the Citibank/Business Corporate Golf League finally got its first hole-in-one through Victor Khoo, playing in the Singapore Press Holdings' team. Mr Khoo, playing the third hole at Jurong Country Club, hit an eight iron to the 129-metre green. Mr Khoo
        287 words
      • Article, Illustration
        Business networking on the greens
        517 44 CREATED in Singapore back in 1995, the JBA Corporate Golf Leagues have established themselves as one of the best known business networking events in South-east Asia. Organised and managed by John Burgess Associates, the event is part of the regional JBA Corporate Golf Leagues of
        517 words
      • Article, Illustration
        Lock icon In memory of founding member
        216 44 CITIBANK'S Jeremy Soo became the first recipient of the Aiasdair Smith-Laing trophy during the final leg at Jurong recently. The late Mr Smith-Laing, former chairman of Moet Hennessy Asia, was one of the founder members of the Corporate Golf League, and the trophy was given
        FILE PHOTO  -  216 words
    • SMART MONET
      • Article, Illustration
        Lock icon Tapping banks for share financing
        1154 45  -  Shares bought may be used as collateral for loans, says ct.abibba tam CLARISSA TAN HOW many of us have watched at least one Hongkong serial where an unfortunate character loses all his savings, brought to ruin by dastardly things called "margin calls" and a bank
        FILE PHOTO  -  1,154 words
      • Article
        All you need to know
        681 45 These are some questions we've received following last week's feature, "Deposits with a foreign accent", answered by a panel of experts from Keppel Tat Lee Bank. Do keep you questions and feedback coming! QL- Is there a way to minimise forex risk in ACU time
        681 words
    • PERSONAL INVESTMENT
      • Article
        Making sense of share buybacks
        1327 46  -  TEH hoox UNO takes you through the arithmetics behind share buyback schemes and how to exploit low tax rates for tax refunds TEH HOOI LING STILL puzzling over the share buyback scheme proposed by Singapore Press Holdings (SPH)? Should you sell to SPH directly or
        1,327 words
      • Article, Illustration
        The SPH buyback scheme
        330 46 Where you'll gain Breakeven tax rates at varioua dlacount levela on the STC DISCOUNT BREAKEVEN NET RECEIPT AT BREAKEVEN TAX TO MKT PRICE TAX RATE RATE FOR SHARES SOLO ON THE SPECIAL COUNTER 22 2,476 K 6 21 2,481 20 2,485 8 19 2.488 9 18
        330 words
      • Article
        Henderson aims to be major retail fund player
        899 46  -  Wong Wei Kong AFTER making a modest start in the local unit trust market just two years ago, Henderson Investors is now setting its sights on being a major retail player. "We are one of the leading unit trust managers in Europe
        899 words
      • Article, Illustration
        Lock icon Looking beyond the gloom
        1156 47  -  THB FDVHR FOXXT Current falls on world bourses present buying opportunities rather than bailout as analysts believe stocks will still rise Bp Louis Beckerling Fears that the us Federal Reserve may raise interest rates in the US and prick the Dow Jones bubble once again sent
        Source: US govt  -  1,156 words
      • Article
        How much risk can you take?
        848 47  -  In today's uncertain markets, investors should assess their risk tolerance before taking the plunge By. Angeline Goh The writer is manager at Schroder Investment Management AS Asian stock markets rebound and US equities continue to make new highs, the dilemma, for those who are
        848 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at May 26, 1999)
      1354 47 Oepoett «nwun< 1-nrth 3hi*i frmft Deport emount 1-mti 3-mlh frmtti DBS Bank HSBC AS A$ S10,000 A24.999 ***** 4 2200 4 2600 25,000 74.999 3 7500 3 7500 4 0625 A25.000 A49 999 4.2100 ***** 4 2800 75,000-
      1,354 words
    • EXECUTIVE MONEY
      • Article, Illustration
        Virtual banking is reality
        1235 48  -  Internet banking is no longer a novelty as more local banks take their business into cyberspace to meet customers' demands. cx<abiBSA tan reports CLARISSA TAN ITS a post office, a directory, a news channel, a dating agency. And now, more and more, the Internet is also
        1,235 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      48 30 COACH LEGACY- 1490 ...;;">) v Km^^m r^w SWISS MADE FOR MEN AND WOMEN WATER RESISTANT WWW COACH COM CALL 734 3833 f Chew Cheong 734 5096 Deluxe Eastern 235 2536 Nanking Watch 336 3658 J Roy Eastern 734 2367 Sincere Isetan Scotts 735 0674 Watch Salon. Takashimaya 736 5068
      48 words
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      Page 32 Advertisements Column 1
      86 32 WMk* /r >^1 "-^j 'I* v Jf ww&r j l^gliA^ Priority booking, bigger discounts, best seats at the festival, of course, you can expect all that from the card that loves the arts as much as you do. But why stop at that? Expect more. Privileges, offers, gifts, every time
      86 words
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  • Page 33 Miscellaneous
    • Miscellaneous
      Page 33 Miscellaneous Column 1
      138 33 CRYPTIC CROSSWORD Creditnote atxHitlow TTport, I'd establish their 9 A king of burning signift- TOnraa^SOWTTOH movements (5) |PMlElWAiNW^Finw^imE| 3 A pointer to feeling of irrita- 14 A **********7 Not ex Li,,! JBSxivioiF tion? (6) actl y (4 2 4 > BililißHliliSll 4 Negotiated agreement to edit 16 C° vent Garden
      138 words
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      176 34 Where to wine, dine and entertain at over 30,000 locations worldwide, iJl^ 2 o4 4 Every Saturday and Sunday pamper yourself from as early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Cafe Victoria. CALL 330 3585 OR 330 3590 FOR
      176 words
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      Page 34 Advertisements Column 2
      65 34 i i available for: private parties company dinner and dance conference seminar and meeting. HOTEL QRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 Tat 737 9944 Fax: 733 3175 Eepend on predictions. Advertise in Wine, Dine Entertain of The Business Times and reach out to 140,000 readers daily. Contact
      65 words
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      Page 34 Advertisements Column 3
      13 34 aw the sextet from the Philippines /<? rnDrtirn ffT FOR RESERVATIONS. CAU: 433 1232
      13 words
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      Page 34 Advertisements Column 4
      139 34 You'll love the Japanese Dinner Buffet at St. Gregory's Brasserie of Grand Plaza Parkroyal. It features all-time favourites such as Sushi, Sashimi, Tempura and tempting hot pots as Beef Katsu, Tori Terriyaki and many more. #28 (Adult) $14 (Child) For reservations, please call tel: 432 5567. Pnca subject to ternct
      139 words
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      Page 34 Advertisements Column 5
      126 34 onr I mur Mow attyrv Jujv ■MpJ W Sn*,«ro49Wl j j Every Thursday night, j V The Neptune brings i T*%i you fresh succulent p seafood and comedic antics. Ct nner: Reservations: ManJartm Svtg^mrr 111 Ortwrd Rojd. S*n#j|xxc IMM67 *H> Crossroads C*£e 1130*»»* Z3of** The Singapore Marriott Hotel is famous
      126 words
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  • Page 35 Miscellaneous
    • Miscellaneous
      Page 35 Miscellaneous Column 1
      2284 35 TODAY'S TV RECOMMENDED VIEWING htmlmmlZ 10.00 Headline News. 2.30 PM TV Innovations. 1003 Business Tonight. Hair-raising from competing jjj Sfßutrutue «*,«>. r i SSf&SS"- newspapers who join Bingo Molly. u 3o PreshGeareXDeri ftn Ofi forces to investigate a 6.00 Maisy. 1 1200 MN Headline News. y train wreck. In Charles
      2,284 words
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      228 36 v .1 vt barscene by night owl ■mhmhhhßMl fe .>' "Who", I put it to Nick, the bartender, "could \ci possibly take the place of President Bongo come J June' 7?" I got more than for he lyrical about a latin dance band called SOTO. M They were, as Nick
      228 words
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      Page 36 Advertisements Column 2
      27 36 P I oum an education institution. The Straits Times Classified is my course to success. Buy It Sell It. Find It. 1800-737-1166 Call Today I-or Results Tomorrow.
      27 words
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      Page 36 Advertisements Column 3
      125 36 CAPERS Otak-otak at The Regent? Something fishy is going on! The Great Regent Hawker Caper every Wednesday. Imagine eating your pick of the tastiest hawker dishes in the most comfortable and elegant environment, surrounded by conscientious and attentive staff. Well, now your dreams have been answered by The Regent's award
      125 words
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      Page 37 Advertisements Column 1
      117 37 The new Saab 9-5 Estate. caap o v 1 I i i• r V enough to accommodate your lifestyle. v 1 >; tfwl fC K enough to complement it. \>~. isv 1 i.'. i i..' p pj| w. x i < v -V :-V.- t'« \1 v\ .f. \s •.*>
      117 words
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      Page 38 Advertisements Column 1
      42 38 "5 I rh D I I y y s /.'Home. 0 niiaiianq f Since 1950 f Hotline: *****68 mJX9sm!ik nv. nj SINGAPURA BUILDING SOCIETY LTD Ang Mo Kio 458-4222 Beach Road 292-1459 Bedok 445-8011 Bukit Imjah 467-1916 East Coast 348-8262 Serangoort 299-8855
      42 words
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      Page 38 Advertisements Column 2
      26 38 HONE SWEET JflOlfEj HSrJSr ,m 11 11 ii—HSs**** I > nTf ]Trss"rni grpisatwsr teMRT/ Open the pages of The Straits Classified to find your dream home. I
      26 words
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      20 39 In 15 years, it may cost over *****,000 to send your child to university overseas. Have you started planning yet?
      20 words
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      Page 39 Advertisements Column 2
      450 39 brought to you by Citibank Investment Services r 1 1 To find out how much you need for your child's university education, i complete the Citibank Financial Needs Analysis Form now. i I Citibank Financial Needs Analysis Form j To find out how much you'll need for your retirement or
      450 words
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      295 40 "w TI *v a m*w m. **Bii<BHKB6#r RELATIONSHIPS nourish WHEN QP V_' v X IOL 1; '^■^l The Darby Park Executive Suites are appointed kitchens, with every modern intended to be much more than just a quality convenience. Plus a wealth of leisure and living arrangement. recreational facilities to enjoy
      295 words
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      622 41 Tk ree separate driving control systems. Because lilte you, Lexus also knows th e value of k aving more tli an one talent. -v_ -^li^B To ensure a ride as A combination ol active ill l l smooth as silk, the drive Jrmiur controls ensures i. i train is aligned
      622 words
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      148 42 We cannot claim that our YUJI SUPER MARAGING IRONS are better than any other brand But we are confident that in your hands, they will hit STRAIGHTER and FURTHER than whatever brand you are using. you will still need a club which can hit more accurately and much further. Introducing
      148 words
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      228 43 x/UjV > -^v —~,V Traditional home financing may have cramped your style. j 1 <til V'Af"' St'iA (ijii A|jLi4 Il 1 «g» [p j M*H 1 A Citibank Bridging Loan gives you the home you deserve. Only a Citibank Bridging Loan lets you own a bigger home with absolutely no
      228 words
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      137 44 NEW Fireball We carried the Fireball Fairway Wood as a lower price alternative to Orlimar TriMetal and Adams Tight Lies. To our surprise, it has become the preferred choice, not because of lower price, but performance. I Although the head weight is positioned very low where it is effective, I
      137 words
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      167 45 For cash at 50% off the lowest rate in town W^ *«#•s»* r% 4'-&?:' \vv V 5 ?.-> 1 -S' t K1 fj'v "A v s &£&Mgrc. $s>> <§2SS& i Wt' llPfiS' V?Z V s W V V-.* "V-* if* 2ra|fs> ?v'N ->-. V frrr. Z i I UIN CASf
      167 words
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      Page 45 Advertisements Column 2
      198 45 brought to you by QBTrtLeeßank Give us your feedback and win a wristwatch The above article is the eighth of a 13-week educational This exclusive Keppel series on personal finance. We would like to hear your Tat Lee Bank wristwatch will views on the above article and any questions you
      198 words
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      119 46 0% LntsxEiL (fyzt UOLVI ctlecwi cuatcfi toaau. Int rod iui nj» Sine ore's now l*r i iloi»o I'unh.iso N,unhid h.nUivii i n Jit i.ml ,iinl \«>n 1,111 I'roj* r.immo. isll s m>w c.isu ilt >t \»>ti t«> In i 11;«»\ p.i i nv; In i iwt .11 nunK .11 1'
      119 words
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      50 47 t ALFRED DUNHILL LONDON I h i i"— l>l^ Eu» r v |«K C« E t£ ijft^ pb iw Baby Faceted Watch For Women *****.41 per month* ■w (12 month interest free instalment) am. subject to change without prior notice. Programme includes all models from Alfred Dunhill. mm*mmi ptm m
      50 words
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      140 48 P* lM Ut Ik i tk„ i JHr |HHHB! liiiatafllMtor*.: l /fii IL I 3E388 fllSbf JSF? --"—MMfcl Singapore Finance UEFS Local Enterprise Finance Scheme*) loan can help you achieve your goal. It can be used to modernise, automate factory plant, diversify your business or even to augment your working
      140 words
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      Page 48 Advertisements Column 2
      37 48 Property Will CPF housing grant cut hurt HDB resale 2£ market? EM 10 Finance SPH share buyback explained, EM 18 I Investing for your future: Saving for studies abroad, EM 11 Smart money: Share financing, EM 17
      37 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      138 49 Bridge News Reuters THERE continues to be talk of lower rates being agreed for June cargoes on the Panamax US Gulf to Japan route, but confirmation remains lacking. TAMKEB& The influx of Iraqi crude cargoes into the Persian Gulf market had a positive effect on very large crude
      Bridge News; Reuters  -  138 words
    • Article
      MARITIME STOCKS
      266 49 is M* wvm MgrtT M *h CWT DUtributtor 1.62 -O.OS 630 Own Hup US uncfi <26 Cotco Investment 1.14 -0.02 316 PrtWIMl 0J2 -001 ***** S( HoMtrvgi 0.76 0.02 229 Hal Sun Hup 0J0 uncfi 1316 IMC HeMngt-HK 5.60 UMfc 0 Jay* Hotaing* 0.92 -0.04 1001 Jurono SMpy*rt
      266 words
    • Article, Illustration
      Lock icon S'pore to maintain share of global repair market
      566 49  -  But margins will come nnder pressure with competition from lower-cost shipyards By\ Felix Chan [SINGAPORE] The local marine industry will continue to maintain its grip on a substantial share of the global shiprepair and conversion market despite keen competition from Middle Eastern
      FILE PHOTO  -  566 words
    • Article
      HK register to penalise owners of substandard ships
      399 49 [SINGAPORE] The Hongkong government's Marine Department is developing a ground breaking approach to flag state Inspections which will financially penalise owners of substandard vessels flying the Hongkong flag. The new scheme, dubbed "Flag State Quality Control", will target an annual inspection rate
      399 words
    • Article
      Sun Vista insurers dispute KL order to remove wreck
      261 49  -  Vessel lies ontside M'sian waters, says P6I insurer By. Marcus Hand [SINGAPORE] Insurers for the sunken luxury cruise liner Sun Vista are contesting an order by the Malaysian authorities to remove the wreck from the seabed. The Malaysian authorities have written
      261 words
    • Article
      Iran Armanat case: important implications for shipowners
      594 49  -  ADMIRALTY CASEBOOK By Selva Kumar THE Australian High Court's decision in the Iran Armanat case, in which a Singaporebased bunker supplier won the right to proceed against a shipowner for unpaid bills, has sparked off an interesting debate in the legal fraternity Down
      594 words
    • Article, Illustration
      Lock icon Push for quality intensifies
      865 50 SHIPPING INDUSTRY REVIEW Various authorities are promoting a responsible attitude towards self-regulation by the maritime sector as a whole THE pursuit of quality in shipping operations is hardly new, but it has been given a new impetus in recent times. Shipping is a heavily regulated industry,
      FILE PHOTO  -  865 words
    • Article
      SHIPPING SCHEDULES INDEX
      341 50 PACE Evergreen 6 ANL 3 FooogSun' 8 Accord 8 Frrta 12 Ahrenkiel M M AASCO 12 AppensNp 5 <*«•*«« 6 Austral 8 Gensh *> M Avant 14 Gtor > Nav M B tang Mas 8 HllSunHup 12 BSA 7 Hjn,,i 7 BTL 14 3 Bangladesh 13 RM»
      341 words
    • Article
      SHIPPING GUIDE
      19706 57 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number < n/06 06/07 MOL PARAGUAY CHALLENGE 5202A 65-*****66 To ABIDJAN (ABJ) 2003 Cote D'lvoire n/06 ouoi saferoute Paraguay challenge S202A 65-*****22 04/06 m/07
      19,706 words
    • SHIPS IN PORT
      • Article
        CONVEHTIONAL WHARVES
        603 63 Vessel Voy No B«rth Arrtvil D*pirtur« IT Citradaya *****9 Jl alongside ELNUSA4 KC/08 J3 ***** Graa 03/99 J8 alongside 28.05/0600 Tropcal 24 01/99 Jtt 2 ArtKdoWwi 4/99 J2 28.05/1500 29 05/0300 •THatonm *****9 Jl 28.05/0900 28.05/1300 SZJf *****9 Jl 28.05/0900 28.05/1700 IT uTsaw *****9 Jl 28.05/0800 28.05/1400 IT
        603 words
      • Article
        CONTAINER SCHEDULES
        1753 63 RECEIVING Of EXPORT Fa CONTAINERS »HO LCI CAR60 Book log/Bilanc* Rttls Ship Voy No Etb/Btr Ported From To From Mnu u 27/1500 2T/M9 27/1900 *CKW MO fr/BOO 27/859 27/BOO 2* 27/1700 21/0900 27/1700 21/0*59 20/0900 3 21/0700 20/189 WMOO 4 20/1200 2«AW 21/1700 *Tf«— coSi WHio i jw||
        1,753 words
      • Article
        GLOBAL HOLIDAYS
        176 63 May 29 Indonesia: Waisak Day. May 31 Greece: Orthodox Pentecost Holiday. Brunei: Anniversary of Royal Brunei Malay Regiment. JIbS Austria: Corpus Christi. JOB S Denmark: Constitution Day. Jna 14 Australia: Queen's Birthday. Job 18 Hong Kong: Tuen Ng Day. Jim 25 Finland: Midsummer Eve Holiday. Job 26 Indonesia:
        176 words
      • Article
        COCKETT BUNKER MARKET REPORT
        796 63 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and the
        796 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        242 63 180 Mn 990.3 0.9 18.7 0.00 75 0.06 M§T 20 —**T >»iH" Mo'tSr 9*7-5 0.4 1X5 0.06 J5 0.02 *12 380 Mu 992.5 10 19.4 0.09 90 0.04 u/tri wn mim Ho now 635 2 0 2 2 ss 3 5S 55 SS JE 8 s
        242 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon US safety board urges changes for MD-11 autopilot
        222 64 Bloomberg [WASHINGTON] Boeing Co would be required to modify the autopilot system on MD--11 aircraft to prevent temporary loss of in-flight control, under a US transportation safety panel recommendation. The National Transportation Safety Board urged the changes after two cases involving MD-11
        Bloomberg  -  222 words
      • Article, Illustration
        Lock icon JAS may cut more domestic flights
        535 64 Bloomberg [TOKYO] Japan Air System, Japan's third largest airline, said it may further reduce flights on money-losing domestic routes to bolster profit for the year through March 2000. The Nihon Keizai newspa- per reported the airline plans to cut 10 per cent to 20
        Bloomberg; FILE PHOTO  -  535 words
      • Article, Illustration
        Lock icon E-commerce will spur industry growth
        491 64  -  10TH WORLD EXPRESS AMD KAIL COMFEREMCE Strategic alliances between postal and express operators the other driving force: survey By\ Felix Chan [SINGAPORE] The twin pillars of electronic commerce and strategic alliances between postal and express operators will be the driving forces of growth over the
        FILE PHOTO  -  491 words
      • Article
        Lock icon AirTran calls for anti-trust probe of Delta Air Lines
        466 64 Reuters [MIAMI] AirTran Holdings Inc, the no-frills airline that acquired ValuJet in 1997, said that Delta Air Lines was bullying it in Louisville and elsewhere, and should be investigated by US anti-trust regulators. Delta, the third largest US airline, denied any
        Reuters  -  466 words
      • Article
        Lock icon China's first high-speed train rolls off production line
        189 64 AFP [BEIJING] China's first high-speed train which can reach speeds of up to 200 kilometres per hour rolled off the production line on Wednesday, state media reported. The train, produced in Changsa in central Hunan province, has taken two years to research
        AFP  -  189 words
      • Article
        Lock icon Cargo a lever for open skies: US official
        171 64 US-Bahrain open skies accord has seventh freedom Reuters [ATLANTIC CITY] Air cargo is a crucible for testing new ideas in international agreements, the US Department of Transportation's (DOT) s»e- nior negotiator said. A few days ago the United States completed an open
        Reuters  -  171 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1732 64 arr HJ6HT HA FIKHT ETO S***** *05 IH787 2359 rsss ifgg $0230 WOO Fakaoka $0989 1645 $0990 0105 AmtarMn S023 0T05 WJ44 0040 6*an«zl»oa «C $0803 1905 C2354 WO SO327 0745 K1843 1730 C2351 2045 $0104 W20 6A973 0945 KL838 2300 hMl VH741 1310 VK742 0905
        1,732 words
  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      55 49 Shipping industry review: Push for quality intensifies Authorities are promoting a responsible attitude towards self-regulation by the sector as a whole. Page 2 OF TANJUNG PELEPAS On The Straits of Malacca, Adjacent To The Malaysia-Singapore Crossing. M u Pelepas RELIABLE EFFICIENT ADVANCED Pelabuhan Pelepas Jalan Perkasa Taman Johor Johor Takzim,
      55 words
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      Page 49 Advertisements Column 2
      21 49 E-commerce will spur growth of express industry Strategic alliances between postal and express operators the other driving force: survey. Back Page
      21 words
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      Page 50 Advertisements Column 1
      1107 50 I NORTH AMERICA ~1 1 EXPORT 1 1 OTHER DESTINATIONS 1 WEST COAST OF CEMTRAL AMERICA (MARGARITA SERVICE) VOT pn nofll UMSKAOI DMIAS HQBFQM MCMO MWVOM MDCOOrr jaj »PT WTOM "WW H* WW9 IBgg&. -gLijiffll ooqwtmi MIS 23 I w/io ~«7g 1175 57*" n/* 23/* ~S7S 57S iwkiiiicami msm|is/«sI */ii
      1,107 words
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      Page 50 Advertisements Column 2
      729 50 /6>»55v Lines services represented e |A|;] by Members of the Registry of Accredited Shipping Agents Singapore Shipping Association Members of the Sngapore Freight Forwarders NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 26/06/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL
      729 words
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      Page 51 Advertisements Column 1
      1155 51 TO EUROPE FROM EUROPE Ivcsa VOY SMI RTR AND HAW WV SOU FIT LEH [VESSEL VOY 1 RTR ANR HAM HV SOU FIT lEH SIN DANUDE S4SW 03/06 26/06 23/06 24/06 21/06 NOt CORAL 0071 04/05 11/05 14/0$ 15/0$ 01/06 HYOUU 310W 03/06 20/06 22/06 25/06 14/06 HYADMRAL 31* 15/05
      1,155 words
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      Page 51 Advertisements Column 2
      2612 51 HANJIN SHIPPING lilL Sr U 4 fctWynlp. -Me *****30 HAHim SHIWNG (S) m LTD tap hayi aw IQOtIWG *****35 737 SAIiS *****74 731 POCUMW *****71 774 OWmiOIIS *****50 751 mm UMt *****55 HI ******0 (100: II *****0000N TO NW USA A CANADA USA CANADA* mva/vor mm sm umham/voy sa mi
      2,612 words
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      Page 52 Advertisements Column 1
      1793 52 DSR-SENATOR LINES TO UK/CONTINENT TO MEDFTERRANEAN/CANADA VESSEL VOY P'l LEW RTW AMR HAM |WV TuTl VtSSil VOT SW BIT Ift FOB W.C MTU HANJM PORTLAND WM2J 01 06 1101 10 01 20 06 22 00 23 06 24 06 CAIJFOAMA SENATOR WMS» 03 06 20 06 22 00 23 M
      1,793 words
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      Page 52 Advertisements Column 2
      1006 52 AM MAC-NELS S'PDRE M'SIA r™™l Carrier: MN COUTH LINES, MC P. GUDANG: (07) *****26 I I J OW WOi <»0>7IBDB0» SBU: (064) *****9 MAMLA: (632)*****24 V PENANG: (04) *****36 BANGKOK: (882) *****67 SURABAYA: (31)*****0 P. KELANG (03) *****77 JKTi (21) *****07 MDM: (61) *****3 KUONNG (082) *****1-3 BOMBAY I MADRAS
      1,006 words
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      Page 52 Advertisements Column 3
      529 52 JESSELTON LINE Sy A mi IWMM nil IMIIII i MUARA 1 LABUAM VBSa VOT FID Ftt VCSfI VOT ETD IU SKM MIMA tfOtf IM CMMA JN332 VI2I/99 20/05 31/05 CAIACAJN332 VI2I/W 20/05 01/0* JPIOSPB VI2E/W 01/06 04/0* JPOOSPB VIS/9* 01/0* 05/0* (AftAKA JN332 VIX/Vf 07/0* 10/0* CAMKAJN332 Vl*/W 07/0* 11/0*
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      Page 53 Advertisements Column 1
      1507 53 [vessel voy khh hko sin pkg pqb pxb pmm Iba I BIK I IRAN TABATABAEI PCL-5103 12/ OS 14/05 18/05 19/05 28/05 29/05 30/05 01/06 03/05 I IRAN LORESTAN PCL-5102 19/05 21/05 25/05 25/05 04/05 05/05 05/05 08/05 10/05 IRAN TEYFOURI PCL-5104 25/05 28/05 01/05 02/05 11/05 12/05 13/05 15/05
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      Page 53 Advertisements Column 2
      2617 53 Sailing to Ad«n NoMdafc, Djibouti (Via Dubai) J I SINGAPORE S GENERAL AGENTS: 6 SHENTON WAY TEL: 226 1900 FAX: *****08 OUTWARD (B/L) ""I^OsSoT^OHOßKlmcr™^™"| COSTAR SHIPPING PTE LTD #17-08 DBS ILDG SALES/BUGS *****5//60 INWARD deft (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR WO: **********0 M TOWER TWO (0*8809)
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      Page 54 Advertisements Column 1
      1428 54 EUROPEAJK/SCAMDIMAVWFtWUWD^USSIA SGP ROM ANW HBG TUP ZEE LHV IHW THP ROM ANW HBG PKL SGP E GLOWING RW-051 02/06 24/06 30/06 26/06 28/06 29/06 30/06 E. REACH RE-023 06/05 08/05 *7/06 09/05 11/05 30/05 3105 E DIVINE RW 005 15/06 OXO7 ***** 04/07 06/07 07/07 O&D7 E ROYAL RE 042
      1,428 words
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      Page 54 Advertisements Column 2
      982 54 r jSSSPIW PACIFIC INTERNATIONAL LINES (PTE) LTD fffli 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I CR MO **********06 rlvtssa vot |«i sn> m W api mm I ill! I 4UNGA HRATAJ 3 215 2S/S 21/S 1/4 12/* 17/4 23/4 24/4 I ooQ*«»un Ml* W/i ~st7s V 4 u/4
      982 words
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      Page 54 Advertisements Column 3
      627 54 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SIN PUJ PUB JNB (FT RO GOIDEN OAAGON V.012S 31/05 09/04 13/06 16/06 17/06 HAMIAI QUtIK VO3SS 10/06 11/06 22/06 77/04 W/oT MM OtAGON VOI4S 20/06 29/06 03/07 "ot/oT 07/07 WAWTAIVEWUS VO3SS 04/07 12/07 16/07 19/07 20/07 23/07 GOLDEN
      627 words
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      Page 55 Advertisements Column 1
      410 55 BSfl jl MYANMA wBBk FIVE STAR LINE (Myaamar Notional Line) Loading for Tango* (Rangoon) VESSEL VOY SIN PKL PEN PGU (AGO VIO9W SU> MAWIAMYINE MW 09/0* MALAYSIA AGENTS: BOUSTEAD SHIPfING AGENCIES KUL m (03)*****00 PKL TH (03)*****01 KN: TH (04)*****02 PGU: TH (07) *****21/4 BANK LINE (A strvict of Andrew
      410 words
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      Page 55 Advertisements Column 2
      1335 55 HMk HYUNDAI MERCHANT MARINE CO., LTD. Ivtssa voT si'l soui w I rtm I ant I ham |tv| fa Ivcsa voyi sou i ib< i rr» awt i haw Itv re. pT] MM S27W 21/05 11/06 19/06 13/06 15/06 NOl AGAJT 0121 05/05 12/05 00/05 11/05 29/05 HY DUKE 310W
      1,335 words
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      Page 55 Advertisements Column 3
      1105 55 norwegon ipeaahzed ootocomers Qmsxs Wilhelmsen Lines TO NORTH AND LATIN AMERICA "RORO HEAVYUFT SERVKE" VESSEL VOT RAMP HEIGHT SIN LAX CRi MIA SAV ML ORF NYC NWf MM TAMPA F9ll 400 TMB 6JM IN PORT 25/06 04/07 07/07 09/07 11/07 12/07 J 4/07 11/07 19/07 TAUNT F912 4001 MM 6.3
      1,105 words
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      Page 56 Advertisements Column 1
      833 56 BANGKOK/MAP TA PHUT/LA EM CHABANGj J A K ART A/PA W J ANO~ VESSEL VOY SIN BKK MTP LoT" VESSEL VOY SIN JKT PJN MATHU BHUM 416N 29/05 02/06 01/06 GURU BHUM 130 SB 28/ OS 30/05 XETHA BHUM" 285N 30/05 02/06 03/06 AKA BHUM 345S 29/05 02/06 CHANABHUM" 72N
      833 words
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      Page 56 Advertisements Column 2
      424 56 INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTMNBR sswyiCE n |WT| r» Mi■ I hry ,W I I [m MKT WIBWB MS P/tSTI/li W/M 11/04 14/04 mwotr p/mos/m u/M u/m h/uv/u arhwaib m n/Miyw a/w n/u n/u n/w k/w msugai l» |i7/oaii/mlp/»4| |w/w|ts/w|ii/«ylii/>y|FEEDER SERVICE TO INDONESIA V* VOT tfOH SUUIATA
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      Page 56 Advertisements Column 3
      795 56 VESSELS VOY SX PKL JED MLA LEH RTM HAM 78. SOT VH£ OS SHANGHAI H3IW QIAOS 02*08 11/06 16/06 21/06 23/06 jj/jM Wm 27/06 VIXE D-QfOOi Y3IW 07/06 08A16 17/06 22/06 28/06 29A» 3tt>o6 02/07 03/07 VKJ-E DE M»K)SA V32W IVO6 15/06 24/06 29*36 0&*07 06AT7 07/07 Qa>Q7 KVQ7 VK-LE
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      Page 57 Advertisements Column 1
      61 57 I New Advertisers/Services/Agencies II CWT GLOBELINK INTRODUCES WEEKLY DIRECT GROUPAGE TO SOUTH AMERICAN PORTS PG 13 MON/WED/FRI) I NEW SERVICE FROM ASIA TO PACIFIC NORTH WEST PG 7 BARWIL AGENCIES NEW SERVICE TO: Refer To Pg 6 £1 Richfield Marine Sj Agencies (S) Pte Ltd NEW GUINEA PACIFIC LINE Our
      61 words
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      Page 59 Advertisements Column 1
      46 59 I (Retrieve more schedules!) Press "V jjTV Select the port and key in STEmCj the four digit code eg: To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by The document will be shipping times zßPSSjasi. a
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      Page 60 Advertisements Column 1
      159 60 M wmmmmmm MitepiosML Lfa»«xid P^MMyafliua F°«ST WOOUCTS SIRVKEJ FROM: U.K./ CONTINENT/ MIODLE EAST TO: FAR EAST EUROPE SERVKE TAW SKN KKU TMA VlSSft/VOY SIN lAEM CHAMNG MAMIA HONGKONG KEOUNG RUBIN STAR V33A 21/06 24/06 26/06 IOAMNGFOfc FIGARO 01/06 04/06 08/06 JfDOAH/SETE/RUSHWG/AMTWRP MAIAYSIA- HSH (M) SDN IHO TAWAU CAPRKOtN FREIGHT SVCS
      159 words
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      Page 60 Advertisements Column 2
      185 60 I^ sc o^^HTTr!TI" IVJII" JIII i] i] M LINE LIBYA TOBRUQ BENGHAZI MISURATA TRIPOLI LuJ vtssa nam vot.no Iskl kg lon Ffioa nam mk toi Iwi m nti UIAUIAfI 5103 VKMKTM l»/05 H/D5 24/05 H MAKIW 01/0* I l/Dt 12/0* 13/04 14/0* 10KSUM 5107 UBYAN TtAM 75/05 .'OS 05/0* «6iHTMm
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      Page 60 Advertisements Column 3
      157 60 2= ESP LINES WtIKLY ICI AMD FCI StKVICt laffli FMtAST HIWK CMTTAGONG, MAMAS IWH— HAJMUtV tOTTtIDA* MMAY o—o JAKARTA, MAMA AJCTWBT, FBJXSTOWf (AIQffTA HO OH MH HAJfWOM6 KCtHAK CONTAINERISED INDONESIAN SfltYKI VBSa/VOTACt STOW «T Sin ~ft P UJMM /V» 07/D5 11/15 It/w <7/to BUM 1 MU4H 10/05 11/05 M/»5 wis
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      Page 61 Advertisements Column 1
      969 61 ——SAMUDERA SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CH NO. **********0 D TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LINE: 535 6266 Cella/J»s»lca/Mel Chan/J>slynn/Dora/lwy/Hanim 52ZEEMG235HHE3 8 SLGS/WEEK EVERY 4 DAYS [VESSEL I VOY I SIN I
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      Page 61 Advertisements Column 2
      900 61 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I WG I sw I MT I I MW I roc I CM» 1 low I mi I WTI 1 0«f 1 SAV I NEW I TAW 1 HOU I HOtOH MNE /03S0 21/05 03/06 M/ 04 M/ 06 H/0* M/D* 2*/0*
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      Page 61 Advertisements Column 3
      97 61 SHIPPING* WAREHOUSING lot an: Singapore leading ftuly Mon lo Sal (BATAMINDOI/1111 Accepting KlX\mventicmal/Plv>jcct/Heavy Lift Cargo Reefer Cortamer iMtan: Singapore I ruling Mon. Wnl Fti (BATAMINDO II) Accepting KlA'onvenbonal/Pmject Heavy I jft Cargo Tak 227 0322 Fax: 222 9330 BolanMo Sbtpphg t WorekowMßg Pt# Ltd ;«iigH <■»■« t—>*»» *o» si 0W054
      97 words
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      Page 61 Advertisements Column 4
      639 61 Singapore Soviet Shipping CPI aNtIOOSOMOOOON Multiline Shipping PL J) (WW* o—l Setoiey) 3 Ht **********0 C VESSEL VOY SIN BOM PNG PKL KEDAH 130N 02AM 09/06 TBA 20/06 KOTA RUKUN RKNO39 09/06 16/06 TBA Z7/08 KOTARATU RTUO47 16/06 23/06 TBA 04/07 VESSEL VOY SIM CALCUTTA MH STAR ISLAND 015 31-01/06
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      Page 62 Advertisements Column 1
      566 62 I VESSEL VOY TIGER ISLAND 711N 26-26/05 31 04/06 08 09/06 I TIGER PEARL 712N 28-29/05 02 06/06 11-12/06 I TIGER SEA 713N 02-0206 07 11/06 15-16/06 I TIGER BAY 714N OSO6/O6 I TIGER ISLAND 715N 08-09/06 14-17/06 22 2306 I TIGER PEARL 716N 11-12/06 1620/06 25-26/06 I IVESSE^^^^VO^^SIJ^^CA^^SI^I TIGER
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      Page 62 Advertisements Column 2
      942 62 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@sir>g net.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
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      Page 62 Advertisements Column 3
      1076 62 OOCL (Sinqopore) Pte Ltd CFS Keppel Dislrpk 65 CMa Si OOC Ctr #42-00 *****13 Hk 513 #01-128 %M CI NO **********0H 1* 272 7827 F« *-U* T«h *****83 F«: 438 2964 Fu: 272 782S JUL Orient Overseas Container Lin* •■W (Malaysia) Sdn Bhd *og No: *****2-u) (a f PfIALING JAYA
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      Page 62 Advertisements Column 4
      168 62 FULL CONTAINER SERVICE SIN PASIR GUDANG SIN DAILY SAILINGS [VESSEL VOY ETA PC DAY WY [ETAS* IMY PROGRESS 9996S [TH«i 9996W_ 28/05/99 hFW)~ WF222 0055S 28/05/99 (FW) 0055W M/Q5/99 (SXQ PROGRESS 9997S 29/06/99 (SW) 9997H ~30/05/99 (SUWf PROGRESS 9998S 30D5/99 (SUN) 9996 M ~31/05/99 IMOWT MP 222 0056S 31/05/99 (MOM)
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  • Page 63 Miscellaneous
    • Miscellaneous
      Page 63 Miscellaneous Column 1
      127 63 loot LEGEND: R Thunderstorm Temperature c X\ Shower Weather -y Wind direction with speed m knots VS-rSky Wove height Surface winds or* indicoted by arrows which Hy with the wind One ful circle represents calm or light ond variable winds L One hotf Heche represents 5 knots One tuN Heche
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      Page 64 Advertisements Column 1
      68 64 WANTED BARGES Second Hand Barge for Storing Superior Kerosene Oil (SKO) at Port. Requirement: Three Numbers. Each ABT 5000 MTONS. Seaworthy condition. Terms: Outright purchase Finalisation subject to inspection. E-mail or Fax Barge specifications and price expected for early consideration Contact P.A.S. PETRO PRODUCT Industrial Charcoal Suppliers Kerosene Importers 16,
      68 words