The Business Times, 31 May 1999
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1999-05-31
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The Business Times
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Title Section14 1999-05-31 1 THE BUSINESS TIMES MITA (P) 046/12/98 85c SINGAPORE Internet: http://business-times.asia!.com.sg/ MONDAY, MAY 31, 199914 words
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Article56 1999-05-31 1 STOCK MAHETDIDICEB Week Change STI 1.983.68.. 49.62 SDISC1 FUTURES....267.00 -7.70 BTSRI ***** -2113 KLSEOOMP 749.03 -20.76 NIKKEI. 15,972.68... ..-320.30 HANG SENG. ...12,*****. -***** SET INDEX 463.60. -25.73 JAKARTA COMP. 583.65. ..-8.01 MANILA COMP -*****8 +15.15 TAIPEI WPL 7,419.70—-186.99 SEOUL COMP 732.24.—+21.75 CLSA CHINA B. .*****.+112.41 AUST ALL OBD56 words
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Article80 1999-05-31 1 FOBEX BATES US$ SI IBS 1.7» £(US$/S$ per 1-699 1718 EURO(US$/S$ perE) 1.0M 1 JOS DM 1.870 0J83 YEN 120.6— l.OO* RM 1800 0.4M HKS 7.7*6 0222 BART 17.08 0.047 RUP1AH 8,070— 0.021 St to 100 untti PUKE BATES SINGAPORE* .5.825 KUALA LUMPUR 11M JAKARIA 28.00 BANGKOK 1475 MANILA80 words
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840 1999-05-31 1 Wong Wei Kong - Fears of interest rate hike, higher asking prices making investors hesitant By Wong Wei Kong [SINGAPORE] Property prices and property stocks could be headed for a breather after the frantic rush of the first quarter as fears of an interest rate hike and840 words
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Article, Illustration677 1999-05-31 1 Anna Teo - It also shows the expansion is now more broadbased By. Anna Teo [SINGAPORE] In the strongest sign yet that the recent manufacturing recovery will hold up well this year, Singapore's purchasing managers' index (PMI) climbed further this month to a year's high.Source: S'pore Institute of Purchasing & Materials Management - 677 words
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827 1999-05-31 1 Anthony Rowley - ADB Institute paving way, with calls for alternative remedies From, Anthony Rowley in Tokyo THE Tokyo-based Asian Development Bank Institute is mounting a frontal assault on the tactics adopted by the International Monetary Fund (IMF) in dealing with the827 words
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Page 1 Advertisements
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Advertisement114 1999-05-31 1 msiPß The biggest bays City Developments, Bukit Sembawang Estates and Allgreen Properties are leading the listed developers in terms of sheer size of residential land holdings, P|l7 Singapore 1000 profile Singapore Pools: Why restraint is the name of the game, P|3 The Aft the limit Infosys chief Narayana Murthy says114 words
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Advertisement98 1999-05-31 1 Paradise Palms: 85% of Phase 1 taken up, Pg 2 mskk Healthier swimmers [SINGAPORE] TTiey >* c/i«zp (costing around 50 cents to $3 each), easy to maintain, and they add colour to any aquarium. Guppies, that is, and other attractive freshwater fish. With an estimated 30% share of the global98 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration374 1999-05-31 2 David Boey - Brisk sales may prompt developers of nearby projects to raise prices By) David Boey ABOUT 85 per cent of the units on sale were sold over the weekend in the first phase of a small freehold project in KatongFILE PHOTO - 374 words
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616 1999-05-31 2 Lower rates helping economy to recover and will stay for 2 years as planned The Straits Times DON'T expect employers' CPF contributions to be restored any time soon just because the economy appears to be on an upswing. The lowered CPFThe Straits Times - 616 words
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Article, Illustration341 1999-05-31 2 David Boey - EYE ON THE ECONOMY Trade By] David Boey THE domestic wholesale index registered a 10.4 per cent year-on-year decline in the first quarter of 1999, weighed down by weaker numbers from household equipment and furniture, and general wholesale trade. If petroleum trade is excluded,Source: Dept of Statistics - 341 words
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Article, Illustration700 1999-05-31 2 Larry Wee - $755,000 grant from NSTBtofnnd immunisation project By. Larry Wee SINGAPORE is set to lead the way for the international ornamental fish industry, with what NUS scientists describe as the the world's first mass immunisation programme for commercial-scale aquaculture. With an estimatedFILE PHOTO - 700 words
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Advertisement344 1999-05-31 2 UNIVERSITY OF SOUTH AUSTRALIA "Ranked Among Australia's Best Universities" PhDJLMBA Doctor of Philosophy In Business Management Singapore 17th Intake 28 June '99~ Singapore 6th Intake July '99 18 months only; 100% in Singapore PTP QT to successfully produce 10 PhD Thursday *12 modu,es P lus a project; 312 seminar hours344 words
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Advertisement62 1999-05-31 2 I Services I i n.L.,1,. m iratrai Commercial Exhibition •X2?S£X»»<»> :s^ p,rt SM,Dup,ca,n9 Mounlingon Kapaine Board, Framing fTiTßTiffiffil image Commercial, Advertising Aerial L n imping 1 .Sgglmm i».£xhttyt)ons Booth Design For engunes call Afcwl LeaTrenftVotet PMliii' Te1:*****44 f«c*****24 9fcSorter Pnnting-Car 'j-- 1 Motor, ft*#** Banners ALBERT PHOTO PTE LTD. M/Bu»A*w*ino«e62 words
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SINGAPORE 1000
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Article, Illustration1283 1999-05-31 3 Marissa Chew - S'pore Pools has to take care not to let people spend too much on gambling, a key reason why it has only 5 gaming products after 31 years of operation By] Marissa Chew [SINGAPORE] HOW do you run a company which, as oneFILE PHOTO - 1,283 words
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Page 3 Advertisements
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Advertisement1302 1999-05-31 3 1 INFORMATICS I P HOLDINGS LTD UNAUDITED FINANCIAL STATEMENTS AND DIVIDEND ANNOUNCEMENT The Board of Directors of Informatics Holdings Ltd are pleased to announce the UNAUDITED RESULTS FOR THE YEAR ENDED 31 MARCH 1999 Year Ended 31 March Group Company SS'OOO Change STOOO Change 1999 1998 1999 1998 1 (a)1,302 words
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ASIA ON THE MEND
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Article, Illustration933 1999-05-31 4 Eddie Toh - Fresh proposal coming soon from Chinese businessman close to Daim, sources say From Eddie Toh in Kuala Lumpur MALAYSIA'S First Finance Minister Daim Zainuddin has closed off the possibility that the thorny issue of frozen shares formerly traded on Singapore's Clob933 words
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409 1999-05-31 4 David Boey - Calls, e-mails flow in IratSias not inviting membership yet By\ David Boey [SINGAPORE] Small investors have responded quickly to efforts to set up a body that will represent their interests in the stalled Clob saga. David Gerald Jeyasegaram, the president of the409 words
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395 1999-05-31 4 Reuters [HONGKONG] US rate jitters have cast a pall over emerging markets, but analysts say Asia is likely to suffer less than other regions if US interest rates rise. "There's so much excess liquidity in Asia, even a Fed hike won't changeReuters - 395 words
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Article, Illustration927 1999-05-31 4 Vikram Khanna - CRISIS WATCH Its strengths are evident after the Asian crisis By Vikram Khanna THERE is one country that has been big in the news lately, which has not been much mentioned in the context of the Asian crisis, and that is India. While the927 words
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Article193 1999-05-31 4 [SINGAPORE] Two eminent New Zealand economists will address a breakfast forum on June 9 on how New Zealand companies are responding to the Asian crisis. Sir Frank Holmes and Professor Neil Quigley will speak at the breakfast meeting organised by the New Zealand Singapore193 words
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Advertisement77 1999-05-31 4 W/il-JM V/t'Ki'.l WJL.fiC tit/ *>*VM 'tll'lll, ■11-*' f 1 'r) i; i v/ .i K l 1 f»( fr*r y r jbsui ijjtm i i.-i.~ji f IT. v Jzlu .N'i'l vM i'i I ti.; Lilly 'X i-t <.') At the Breakthrough Group, we offer simple, professional and customised solutions to77 words
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REGION
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483 1999-05-31 5 Macabe Keliher - Tit-for-tat ruling may erupt into trade war, analysts fear From Macabe Keliher in Taipei IN what observers here are calling the beginnings of a trade war with the US, Taiwan's Economic Ministry has ruled US chipmakers guilty of dumping memory chips483 words
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337 1999-05-31 5 KUALA LUMPUR Fuel policy inline with int'l standards, says airline Reuters MALAYSIA Airline System Bhd (MAS) said yesterday that its passenger jets had twice landed in London with their fuel close to danger levels stipulated by international standards. The official BernamaReuters - 337 words
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285 1999-05-31 5 JAKARTA Bernama ARMED with key documents and with the assistance of top-level diplomacy, a team of high-powered Indonesian officials left for Switzerland and Austria yesterday in a bid to track down the US$9 billion (5515.5 billion) fortune allegedly belonging to former president Suharto. TheBernama - 285 words
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299 1999-05-31 5 JELI, Kelantan Bernama MALAYSIANS must play their part in ensuring that the country can again reach a 7 per cent growth rate, said Second Finance Minister Mustapa Mohamed. This follows the government's successful efforts at reviving investor confidence in the country's long-termBernama - 299 words
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NOTE Book
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51 1999-05-31 5 AFP [GOMBAK] Malaysia's Parti Islam Seraalaysia wound up its annual congress yesterday with its leader expressing confidence towards the idea of opening up membership to non-Muslims. PAS president Fadzil Noor said the party was getting "positive" feedback on a proposal for associate membership for non-Muslims.AFP - 51 words
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Article48 1999-05-31 5 AFP [HONGKONG] Nearly one in four school-leavers in Hongkong are unemployed, newspapers said on Saturday. Unemployment among youths aged 15 to 19 reached 23 per cent in the first quarter, up 10 percentage points from the same period last year, they said. —AFPAFP - 48 words
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51 1999-05-31 5 Bernama [KUALA LUMPUR] The Home Ownership Campaign '99 and property exhibition held at the Putra World Trade Centre here received overwhelming response with sales of nearly 200 million ringgit (5590.7 million) recorded. The campaign, organised by SK Brothers Realty, attracted more than 100,000 visitors.Bernama - 51 words
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50 1999-05-31 5 AFP [JAKARTA] Indonesian opposition leader Megawati Sukarnoputri has criticised as "risky" Jakarta's policy of considering independence for East Timor, Time magazine said yesterday. In a press statement, it quoted her as saying the momentum towards independence for East Timor should be slowed down. —AFPAFP - 50 words
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Article, Illustration56 1999-05-31 5 [HONGKONG] Thousands ofprotesters march to the Central Government Office yesterday after a rally commemorating the 10th anniversary of the crackdown on the democracy movement in Beijing. The demonstrators demanded the release of democracy activists in China and called on the people of Hongkong not toAFP - 56 words
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472 1999-05-31 5 SHANGHAI Sino-US ties soured by embassy bombing spying allegations AFP WITH hostility toward the United States running high in both the public and the communist party, negotiators seeking to secure China's entry into the World Trade Organisation (WTO) this year are finding theirAFP - 472 words
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493 1999-05-31 6 TOKYO Sales, pre-tax profits at listed firms down for 2nd year running AFP MAJOR Japanese firms foresee an upturn in earnings in the business year to March 2000 after two dismal years, relying on streamlining efforts and national economic recovery, aAFP - 493 words
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160 1999-05-31 6 TOKYO AFP LONG-TERM Credit Bank of Japan, now nationalised after Its collapse, will seek criminal charges against a former chief for covering up 200 billion yen (512.86 billion) In bad loans, the Mainicht Shimbun said yesterday. The current management of the failed bank plans toAFP - 160 words
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Article, Illustration433 1999-05-31 6 BOMBAY Reuters INDIAN shares are likely to ease this week as Investors focus on the Kashmir conflict, but bargain hunting by local and foreign funds will limit any sharp drops. Local stock and currency markets were hit last week by Increased tension betweenReuters; REUTERS; Source: Bloomberg - 433 words
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329 1999-05-31 6 SYDNEY D«& 1 with minority party will emure passage, he uyi Reuters AUSTRALIAN Treasurer Peter Costello said yesterday he was confident the government's revised tax reform package would pass the senate now that It had the support of the minority Democrat! party.Reuters - 329 words
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223 1999-05-31 6 SYDNEY Bloomberg AUSTRALIA'S economy probably maintained Its annual growth of over 4 per cent In the first quarter, as businesses Invested more and consumers spent a record amount of money. Gross domestic product probably expanded by 1 per cent In the first quarterBloomberg - 223 words
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206 1999-05-31 6 TOKYO Bridge News MEASURES to combat Japan's flagging economy emerged by far the top measure people want the government to take, according to a survey on social consciousness released on Saturday by the prime minister's Office, Kyodo news agency reported. A total of 71.9Bridge News - 206 words
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267 1999-05-31 6 SEOUL The gronp plana to taamnpwltha foreign firm AFP SOUTH Korea's Hanwha Group yesterday declared Its bid to compete with US and British firms In acquiring a troubled Korean Insurer to be sold through a governmentcontrolled auction. Group chairman Kim Seung Yeon saidAFP - 267 words
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Advertisement12 1999-05-31 5 The Business Times. More than just faster, sharper, deeper analysis, if 212 words
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Advertisement287 1999-05-31 6 coMMa\l»m*c* Microsoft Frontunr Partnirshif Fast forward your company's future here. Technology Day I FAX BACK this coupon to 270-7606 to register and got full dttalla of tho day's proaontatlons. I Veal Register me for the "Windows 2000 Technology Day". %Name Company M Designation Addreu X Email On 2nd June, Microsoft287 words
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THE WORLD
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Article, Illustration580 1999-05-31 7 NEW YORK But France, Germany say higher Italian deficit spending won't undermine euro Bloomberg, Reuters, Bridge News THE euro, which fell to a record low U551.0399 last Friday, will most likely fall further amid concern about sluggish European growth, signs of bulgingBloomberg,; Reuters,; Bridge News; Source: Reuters - 580 words
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418 1999-05-31 7 BASLE, Switzerland Banlrg Jigtingnwhing between developing borrower nations Reuters A RUSH to pull international loans out of crisis-hit emerging markets late last year masked banks' increasing readiness to distinguish between borrowers in the developing world, new lending statistics show. Data forReuters - 418 words
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286 1999-05-31 7 WASHINGTON Reuters OUTGOING Treasury Secretary Robert Rubin said on Friday that while the US economy was on a strong path, it could suffer if domestic stock prices fall or problems abroad worsen. However, in an interview on Saturday, Mr Rubin repeatedReuters - 286 words
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Advertisement315 1999-05-31 7 H Whether you're stuck in the office, working m->- ff&; out of a suitcase, or stranded somewhere A Wgil, of Megahertz* I JmH PC Cards keeps you connected. J xS I Jf 'Ji |Bv our comprehensive LAN and He nee ds faultlessconnections ii^h^ffice^j modem Cards performance you can rely where315 words
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BUSINESS IT
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Article, Illustration509 1999-05-31 8 Kenneth James - Senior executives unfold sweeping vision of business transformation via the Internet From Kenneth James in New York IBM Corp last week stepped up its already aggressive "e--business" campaign, this time unveiling several new initiatives aimed at winning Asia-Pacific companies over to its vision of509 words
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Article, Illustration588 1999-05-31 8 Toh Han Shlh - The target: at least 250 foreign firms using its e-commerce service within 12 months By' Toh Han Shlh [SINGAPORE] National Computer Systems (NCS) aims to be a Singapore-based hub for hundreds of foreign companies doing electronic commerce, NCS Internet commerce manager V.588 words
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Article, Illustration284 1999-05-31 9 Raju Chellam - First such centre in South Asia and will be linked to other global centres By\ Raju Chellam [SINGAPORE] HewlettPackard Singapore last week opened a $9 million regional IT performance and benchmark centre for use by its prospective customers for high-end system testing. The284 words
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195 1999-05-31 9 Reuters [TOKYO] Japanese consumer electronics makers are rushing to forge tie-ups with US software giants ahead of the coming networking of personal computers, televisions, phones and consumer appliances. The following is a list of major international alliances in advanced home electronics devices. ♦MarchReuters - 195 words
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IT TAKES
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34 1999-05-31 9 MAINBOARD-LISTED Informatics Holdings has been appointed as an Authorised Java Centre for Value-added Instructional Programmes. It will offer Sun Microsystems' Java technology courses as part of its diploma programmes.34 words
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Article106 1999-05-31 9 THE Singapore Advanced Research and Education Network (SingAREN) and Sun Microsystems are jointly organising a distributed applications competition open to undergraduates, postgraduates and polytechnic students in Singapore. The competition will have teams of three or four people participating. Each team is required to produce a distributed application that106 words
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43 1999-05-31 9 THE Cisco Systems Networking Academy programme, which teaches Internet and networking skills, is being introduced into Greenview Secondary School. Greenview is the second Local Networking Academy to be established in Singapore after the Institute of Technical Education, Dover.43 words
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65 1999-05-31 9 3COM has awarded four schools in Singapore with grants amounting to U5532,000 ($55,400) to provide training in networking technologies. The four schools—Chinese High School, Raffles Institution, Catholic High School and Nanyang Girls' School —will be the first in Singapore to receive 3Com's network training65 words
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Article59 1999-05-31 9 FIBRE ALLIANCE has announced several milestones that help develop open standards for managing heterogenous networks of storage systems and servers, also known as storage area networks (SANs). Members of Fibre Alliance have drafted a detailed engineering specification and submitted it to an independent standards body. This59 words
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Article63 1999-05-31 9 SALES of workflow management software in the Asia-Pacific will grow 41 per cent this year to US$63O million (Ssl.oB billion) and a further 45 per cent to US$9l7 million next year, according to the International Data Corporation. This is faster than the global growth figures of63 words
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Article51 1999-05-31 9 Toh Han Shih - Compiled by' Toh Han Shih 3COM will hold a seminar, the 3Com.networking® show' 99, which will showcase networking solutions. It will be held on June 16 at the Hotel Inter-Continental. The seminar is targeted at the corporate audience and the media, and is free. To register, visit www.pivotcom.sg/51 words
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476 1999-05-31 9 Damage control: use the latest available software and install software 'patches' Reuters [PALO ALTO, California] Computer virus activity has picked up in the last three months, including an increase in the use of older, known viruses, according to computer security experts. In justReuters - 476 words
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284 1999-05-31 9 Bloomberg [SANTA CLARA, California] 3Com Corp, the No. 2 net-work-equipment maker, will make acquisitions and may sell older units that it can't make profitable as it tries to reignite stalled revenue growth, Chief Executive Eric Benl&mou said. The moves, some of whichBloomberg - 284 words
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Article, Illustration1136 1999-05-31 10 TOH HAN SHIH - Music from the Net —a different tune altogether The music industry seems to be still groping for answers on how to exploit the Internet The industry was caught unawares, and is only now adjusting to the situation, toh bam sbb reports TOH HAN SHIH [SINGAPORE] THE Internet is revolutionising the1,136 words
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249 1999-05-31 10 Tan May Ping - By' Tan May Ping [SINGAPORE] US-based enterprise solutions provider Dazel Corp is bullish about continued growth for its products in the Asia-Pacific region, the company's senior official said. The company, which was recently acquired by HewlettPackard Company, said it will maintain its identity and249 words
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263 1999-05-31 10 AFP [SYDNEY] Piracy of computer software is costing Australia more than As29o million (***** million) a year with the indirect flow-on costs three times as high, a survey showed. With the exception of Thailand, Australia is the only country in Asia where piracyAFP - 263 words
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Article, Illustration1653 1999-05-31 12 VIKRAM KHANNA - For Nasdaq-listed Infosys, the sky is the limit. In an interview with vmtAMEHAmvA, Infosys chief Narayana Murthy says Indian companies understand the power of software VIKRAM KHANNA IN JULY 1981, in a little apartment in Bombay, seven young executives with no resources to speak of other thanJOSE RAYMOND/ST - 1,653 words
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Article, Illustration315 1999-05-31 13 Andrew Wee - Home-grown company develops gateway solution for making cheap overseas calls By, Andrew Wee [SINGAPORE] Home-grown Innomedia's Info Gate IP (Internet Protocol) telephony gateway solution provides a PC-based solution for companies seeking to reduce telecom costs. A user calls into a local Info GateSIEW YAW HOONG - 315 words
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Article, Illustration175 1999-05-31 13 Raju Chellam - By'. Raju Chellam [SINGAPORE] Fuji Xerox Singapore last week launched two new printers that it claims offer breakthroughs in productivity, quality and size to meet the needs of production houses and for distributed print-on-demand applications. Both models are targeted at professional printing houses.175 words
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Article445 1999-05-31 14 Raju Chellam - Also on veiled: AS/400 operating system and upgraded e-commerce for AS/400 users By Raju Chellam [SINGAPORE] International Business Machines Corp last week launched three new home PC models under its Aptiva brand, a new release of the AS/400 operating system (OS) and a new445 words
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550 1999-05-31 14 Jennifer Lien - Product is an enhancement from its earlier predecessor By, Jennifer Lien [SINGAPORE] If you found Apple Computer's last G3 Powerßook a little heavy both on the shoulder and on the pocket the good news is Apple has knocked two pounds off the power-packed550 words
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ON THE SHELF
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Article70 1999-05-31 14 A HAND-HELD, pen-shaped scanner with an integrated OCR (optical character recognition) engine and translation dictionary is now available here. Called Quicktionary, the translator is available in 18 languages, is made in Israel and provides a database of a million words. It is available here from Goh Joo70 words
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84 1999-05-31 14 TOSHIBA Corp has launched Media Star TLP-571, an LCD video/data projector with a new optical integrator that offers uniform brightness and clarity of projected images without the need to darken the room. The product weighs 8.2 kg, offers 800 lumens' brightness, and comes with a84 words
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Article74 1999-05-31 14 ADVANCED Micro Devices has announced the Mobile AMD-K6-QIP, calling it the industry's highest-performance xB6 mobile PC processor yet. It is based on AMD's 6th-generation micro-architecture, comes with 3DNowI technology, and will be available later this month at clock speeds of up to 380 MHz. The 38074 words
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79 1999-05-31 14 ACS Innovations is come out with the Compro CDR7SO3, a high-speed compact disk recorder that offers eight-speed writing and 20-speed reading function with 650 MB of storage space per disk. It comes with an OPC (Optimum Power Control) feature that regulates the write speed to79 words
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51 1999-05-31 14 SINGAPORE-BASED OTS Crosswater (FE) Sdn Bhd said it is offering free accounting software "for SMEs to tide over the year 2000 (Y2K) crisis". The Oras Real-time Accounting Software version 7.40 can be downloaded from www.oras-software.com. The product is otherwise priced at $3,800. For details, fax51 words
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Article65 1999-05-31 14 ZENITH Computers Singapore has announced its new Dr. Millennium, an online diagnostic tool for Y2K problems on the desktop or networked PCs. The tool is from India-based Satyam Computers Ltdand offers testing and a structured methodology to address Y2K issues, the company said. The solution is65 words
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Article68 1999-05-31 14 Raju Chellam - Conpfftsdkgr Raju Chellam CANDLE Corp said its portfolio of professional services to help customers manage and measure the impact of Y2K computer problems will be available on a 24-hour basis from Dec 15 this year to Jan 30,2000. Four major service programs—upgrade services, performance tests, IT infrastructure68 words
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Page 8 Advertisements
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Advertisement32 1999-05-31 8 I Hp i v Wirmu^iii'>»:^iwiii'»:!ii'r'm['riiii'Tinii«7iiiiM--M V jfc&yHMHBL id#'' >•"' i f he power trancform M *> H 5. H 111 I jfi L Transforming the way people work with technology "ij- ;T ■pSfifilH ■h^2S3li^^BE3E{^^^^K22sl3^32 words
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Advertisement121 1999-05-31 8 If you aren't Y2K ready you may v. -V 1 V.* as well do this with your business m jjr v > r*,„ -f >• v Ifx I s f .*l% 8® I ll R Wfi rrrTTTlTri llf Id i Mk *wmw, The year 2000 issue will persist if your121 words
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Advertisement150 1999-05-31 9 25 Workstations Multiple Platforms 10 Printing Applications Jobs Aii On* Canon lastr Printer Presenting the LBP-3260 The single solution to the printing needs of the entire office. hbh|H| Canon's patented Net Spot™ printer management utility makes it easy for the network administrator to monitor and prioritise print jobs regardless of150 words
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Advertisement368 1999-05-31 10 f f*y With an IBM Web Self-Service solution, they'd all be at the front of the line for ticket purchases, reservations, seat changes, flight availability or frequent flyer questions. e-business IBM. 082 and Secure Way are registered trademarks and Web Sphere, DB2 Universal Database, the e-business logo and Solutions tor368 words
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Advertisement5 1999-05-31 10 Strait Talk TheßisinesTimes Shipping times5 words
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Advertisement203 1999-05-31 11 WMfimmo&wW i JM^HI Tv lMr iWjWwh; t'- fl' 4li *Tr X Sffiy v 1 .f tjj?y y > iSußtfUitl jf /^Bm^ *j ißiraj^^^^Br^M mmhjL &y y %tf t v w jf*\£* 't fffMW^«^Biy IJMH^^^w^Vv *&R BWBlralw^HH A good, enterprise-wide financial management software solution can help your company with existing opportunities.203 words
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Advertisement27 1999-05-31 12 ■[TODAY©** T* ■ilflnhft 7anhan ifcikjUkjlk tin «*Wg» 1 THE STRAITS TIMES CLASSIFIED I YOUR GUIDE TO MORE PRODUCTS SERVICES ls»«J I Buy h. Sen h. Find h.27 words
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Advertisement40 1999-05-31 12 SALUT Restaurant Wine Bar 4-Course Set Lunch is priced at Ss32+++ per person Menu changes every Monday and Thursday Special Lunch Deal Promotion is valid from 17 May 17 August 1999 Call 225 7555 now for reservations or further enquiries.40 words
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Advertisement506 1999-05-31 12 WeST: BAG THE BEST BUYS OF THE CENTURY GRAND LUCKY DRAW WIN 3 MITSUBISHI CARS PLUS UP TO $60,000 WITH VISA* RULES ft REGULATIONS A minimum purchase of $20 m one receipt from any CSS grand draw participant entitles you to one chance at the lucky draw J. Only original506 words
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Advertisement209 1999-05-31 13 Some businesses have successfully cut their communication charges by more than 30% using the advanced software Enterprise Communication Management System (ECMS) without compromising their efficiency and business outreach. Monitor Your Communication Dollar. Have You? JfX mMrnm'Wlf 11 U '**ft jt; ECMS translates the Captured Communication Data into meaning information for209 words
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Advertisement578 1999-05-31 14 If it's worth doing, it's worth saving. Where you keep your work is as important Safety in a small package. Two-inch square NH as the work itself. When you create something, you Clik!™ disks are the easiest way to save your need to know that it's safe. Thafs where lomega®578 words
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EXECUTIVE LIFESTYLE
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Article, Illustration338 1999-05-31 15 Big Apple sees record 11.7 m attendance with USssBB.sm in box office takings Reuters [NEW YORK] The Broadway theatre season, which includes New York shows as well as touring productions, will end tomorrow with new records for attendance at New York City shows, aReuters; FILE PHOTO - 338 words
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Advertisement444 1999-05-31 15 W7i a l® i Presented Diners Club Offers Personalised Cash Access Where to wine, dine ana entertam intemationaT at over 30,000 locations worldwide. —S=^=^==== Enjoy delicate dim sum and a range of home-made soups and many more special items! Do ask our staff for recommendations. c^pn 76 Beat Bank Road,444 words
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Advertisement149 1999-05-31 15 7th floor. Ovme* Union Haunt CoHvvr V«jpof« 0«9)21 ff Every Thursday night, yff The Neptune brings 'frSSllwft>w y ou f fes h succulent ii- jA i 'fmSNm," w seafood and comedicantics. .aMKrfi Set dinner jn 7pm 10.30pm Reservations: i 224 3922 lli <>rhj!tl Koid Singapore 2 JMfc" M 7)7 4411149 words
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Page 15 Miscellaneous
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Miscellaneous993 1999-05-31 15 CRYPTIC CROSSWORD 26 sedative(lO) SATUKDAVSSOLUTION kia (4) 11 A space ploy a cat IslclalllllolpMclhlulnltlelrl 27 Accounts settlements? (10) aclysmic event (10) hUtM i ■üßolmtmomT] 12 Mostly polished finish? (10) pM T N N s B R l^l T^ R yy D DOWN 13 Vegetables for the worker, IpBRmRnuYBLBRBwBuL 1 Specimen-box993 words
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SPORTS
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Article, Illustration585 1999-05-31 16 Captain Azharuddin says India is confident of beating anyone in the next Super Six round Reuters, AFP INDIAN captain Mohammed Azharuddin, fresh from leading his side to victory over England yesterday, said his team was capable of beating anyone in theReuters,; AFP; REUTERS - 585 words
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Article, Illustration393 1999-05-31 16 FRENCH OPEN AFP [PARIS) Barbara Schwartz, an Austrian qualifier ranked 125 th in the world, sent fifthseeded American Venus Williams tumbling out of the French Open yesterday. Schwartz saved three match points in the second set before winning their fourth-round match 2-6, 7-6 (9/7), 6-3 inAFP; REUTERS - 393 words
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Article306 1999-05-31 16 Aussie confident of becoming world No 1 in five weeks AFP [PARIS] Pat Rafter had just been beaten in the third round of the French Open, ending for the moment his dream of taking over as world number one. Typically, the Australian remained all smiles.AFP - 306 words
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Page 16 Advertisements
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Advertisement40 1999-05-31 16 i XL > fv v i > A 4t k li f Business Vision < STAY AHEAD WITH *'4 THE LATEST NEWS EVEN IN YOUR OFFICE I"'' 1 --p Oll 'I -E SS" V T r V VEXPERT OPINIONS <H EXCELLENCE IN NEWS40 words
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COMPANIES & MARKETS
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Article, Illustration787 1999-05-31 17 Ang Wan May - CityDev leads the listed firms; unlisted Far East leaves them all trailing By. Ang Wan May [SINGAPORE] City Developments, Bukit Sembawang Estates and Allgreen Properties are leading the listed developers in terms of sheer size of residential land holdings. The listed property arm787 words
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Article, Illustration809 1999-05-31 17 Louis Beckcerling - wpro Market spooked by fears of US inflation, higher interest rates f*y Louis Beckcerling [SINGAPORE] Blue-chip counters ended the month of May the way they began it in a state of nervous anxiety. But it looked to be a correction, ratherSource: Datastream - 809 words
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Article, Illustration789 1999-05-31 17 Eddie Toh - KABDTMATTEKB Unless the issue is resolved quickly and fairly, Malaysia will have to pay a higher price farther down the road By Eddie Toh MALAYSIA says it does not really need the money, whether it's from its recent sovereign bond issue789 words
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REGIONAL COMPANIES
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308 1999-05-31 18 Walton Morais - S&P upgrades rating of insurer M'sia Nippon Capital injection, resilience cited as reasons in public information upgrade By Walton Morais [SINGAPORE] International rating agency Standard Poors has upgraded the public information (pi) rating on insurer Malaysia Nippon Insurance Bhd to BBBpi from BBpi. In a statement last week, the rating308 words
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389 1999-05-31 18 Walton Morais - United Pulp converts short-term debt with USs3om investment w Walton Morais [SINGAPORE] A Philippine joint-venture unit of Thailand's Siam Cement group has succeeded in restructuring its short-term debt to long-term financing after a US$3O million (5551.6 million) investment from the International Finance Corporation389 words
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471 1999-05-31 18 Extensive overhaul will see loss of more than 12,000 jobs NYT [TOKYO] It's been an especially rough year for NEC Corp, one of the world's largest makers of semiconductors and a symbol of corporate Japan. NEC announced Friday thatNYT - 471 words
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Article, Illustration258 1999-05-31 18 Marcus Hand - By. Marcus Hand [SINGAPORE] Neptune Orient Lines (NOL) has completed a US$3l5 million (***** million) transaction for the sale of its North American stacktrain network. The sale of the network, Land Transport Service (LTS), to Pacer International, an affiliate of Apollo Management,258 words
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449 1999-05-31 18 Eddie Toh - It'll focus on M'sia and won't apply for Qualifying Rill Bank status in Singapore From Eddie Toh in Kuala Lumpur WHILE foreign banks are gearing up to expand in the liberalised environment in Singapore, Penang-based Ban Hin Lee (BHL) Bank prefers to449 words
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INTERNATIONAL COMPANIES
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401 1999-05-31 19 Investment bank trades at premium to rivals it may not deserve, says report Bloomberg [NEW YORK] Merrill Lynch Co began coverage of Goldman Sachs Group with a "neutral" rating, noting that the investment bank's stock trades at a premium to rivals that it mayBloomberg - 401 words
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Article, Illustration403 1999-05-31 19 News' purchase of Stream follows failed attempt to tray 80% late last year AFP [ROME] Telecom Italia announced late on Saturday that it had sold off 35 per cent of its loss-making pay-TV operation Stream to Rupert Murdoch's News Corp. It saidAFP; FILE PHOTO - 403 words
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263 1999-05-31 19 Bloomberg [ROCHESTER, New York] Eastman Kodak Co, the world's biggest photography company, dismissed as "short term in focus" published reports that it's losing US market share because of price cuts by rival Fuji Photo Film Co. Kodak also said assertions about its shareBloomberg - 263 words
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286 1999-05-31 19 Move follows earlier sales of turkey and sausage plants Bloomberg [SPRINGDALE, Arkansas] Tyson Foods Inc, the biggest US poultry producer, said it agreed to sell its seafood business to two companies, including International Home Foods Inc, the maker of Bumble BeeBloomberg - 286 words
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378 1999-05-31 19 Bloomberg [JACKSON, Mississippi] MCI World Com, the No 2 US long-distance phone company, said it will buy Sky Tel Communications, the No 2 US paging company, for US$l.B billion (Ss3.l billion) in stock and debt. MCI World Com will swapBloomberg - 378 words
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FINANCE & COMMODITIES
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Article, Illustration484 1999-05-31 20 Banks'boards ask shareholders to accept US$L35b deal which will create banking riant fl> O w Reuters [MANAMA, Bahrain] The boards of Saudi American Bank (Samba) and United Saudi Bank (USB) said yesterday that they would ask shareholders to back a US$l.35 billion (552.3Reuters; FILE PHOTO - 484 words
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367 1999-05-31 20 Bloomberg [NEW YORK] Merrill Lynch Co, the US securities firm with the most brokers, may roll out its plan to offer Internet trading to more clients as soon as this week, said a person familiar with the situation. The new systemBloomberg - 367 words
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437 1999-05-31 20 It wants to boost retail operations and go into asset management Bloomberg [SIENA, Italy] Two decades before Christopher Columbus set sail for America, magistrates in the Italian town of Siena founded a pawnshop to help poor citizens. That pawnshopBloomberg - 437 words
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442 1999-05-31 20 22% of mutual funds are down compared with 19% last year Bloomberg [NEW YORK] This year is proving to be a tough one for mutual fund investors, with increasing numbers of funds losing money following the recent tumble in US stocks. Almost 22Bloomberg - 442 words
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Article, Illustration1816 1999-05-31 20 PRIME LEWPDfQ RATES banks ABN Amro Bank NY 5V« ABSA Bank Limited 6»> Agricdhrii bank Of China ft ANZ Banking Group ftW Allied Irish Bank PIC 5 American Express Bank 6 Arab Banking Corp 7w Arab Bank PLC 5V4 AsaM Bank Ltd ft* hnWhlnlMtm ftVt Banca Commerciaie Itaiiana 7* Banca1,816 words
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COMMODITIES & FUTURES
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Article, Illustration558 1999-05-31 21 Jonathan Coughtrey - Weeklyßoundup Jonathan Coughtrey MMS International This report does not constitute a solicitation to invest in any currency or Simex product [SINGAPORE] The focus this week will remain centred on key data releases in the US and the likely Federal Reserve policy implications, souring recovery sentiment inSource: Simex - 558 words
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Article, Illustration787 1999-05-31 21 COMMODITY Weeklyßoundup AFP [LONDON] Coffee prices surged on international markets last week as the prospects of frost in Brazilian producer regions threatened output by the world's biggest coffee producer. The price of Robusta, often used to make instant brands, put on US$3OAFP; Source: Bloomberg - 787 words
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Article1690 1999-05-31 21 8IC0M FUTURES May 28 IUIK>(fatatscMnQatat5J0pm) RSS1 CONTRACTS cMts/kg) Cteta VotaM Opaa MI mn U» S«tt (tows) tetrwt jyn99 106.50 50 M99 ***** 106.75 ***** 200 700 Aw 99 W9.50 375 SmW 112.50 275 OcuDcc 99 117.50 117.50 117.00 150 1500 ®-75 RSS 3 CONTRACT (USwtfi/kg) V*W Opj Lo«1,690 words
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MARKET REVIEWS
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278 1999-05-31 22 HONGKONG AFP HONGKONG share prices are expected to remain weak in the week ahead amid concerns over US interest rates, dealers said. "The market will follow the movement in the US market due to concerns over US interest rates," saidAFP - 278 words
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Article, Illustration717 1999-05-31 22 NEW YORK Jitters expected to persist amid signs of inflation, possible Fed rate hike AFP EVEN with a gentle rebound on Friday, Wall Street closed the week down 2.49 per cent at 10,559.74, for its third consecutive week of losses. TheAFP; REUTERS - 717 words
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390 1999-05-31 22 TOKYO AFP SHARE prices in Tokyo are expected to struggle in a narrow range with strong downside resistance in the coming week while closely following volatile moves on Wall Street, brokers said on Friday. Foreign investors have turned net sellers for profittaking after leadingAFP - 390 words
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347 1999-05-31 22 LONDON AFP WHEN Wall Street sneezes, European markets catch a cold, and last week the London market wheezed its way to close the week with a fall of 2 per cent before a three-day holiday weekend. Mild buying on Friday afternoon inspired by aAFP - 347 words
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Article880 1999-05-31 22 Sydney 4U A BARRAGE of domestic data coupled with expectations of changes in US interest rates will dominate the Australian market in the week ahead, brokers said. "We expect movements in US rates to remain a major influence on the Australian yield curve," said Commonwealth Bank economist880 words
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Article1731 1999-05-31 22 Q Paris -810> FRENCH stocks narrowed early losses to finish 0.26 per cent down on Friday after in-flation-friendly US data triggered a rally on Wall Street. The CAC-40 Index ended close above the key level of 4,300, shedding 11.40 points at 4,315.04. The index lost 83.09 points1,731 words
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KUALA LUMPUR STOCK MARKET
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Article8671 1999-05-31 23 MNRHU CwisiiMf pfwfcuti 19*9 Last Vat Week Net Cap Htg» I— Clip any '000 HUfc Lew P/I $mll 380 255 Ajinomoto 326 36 28 362 320 20.T 132.1 115 46 Angkasa 87 -20 687 HO 84 128.3 293 220 Apollo Food Mlg 268 -9 17 278 268 9.3 107.2 2048,671 words
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429 1999-05-31 23 AFP n Composite Index -20.76 MALAYSIAN stock prices are expected to consolidate in the week ahead after dipping 2.7 per cent over the week to Friday. "The bourse may consolidate with the downside minimised," an analyst with a local brokerage said. "Some minor selling mayAFP - 429 words
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WARRANTS & OPTIONS
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Article2861 1999-05-31 24 BONDS, LOANS S WARRANTS wt 92-Wk Last Vol Waak Ust Ouo<« Avq High Law Stno Company S«a *or- COOO) High Law Buyar Salter Prlca 25 5 3 T3160 A Acar W*****1USS 25.5 *4.5 2411 25 5 21 25 25.5 57.5 4.5 s 3164 Acma W*****4 46.5 *16.5 ***** 57.5 29.52,861 words
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Article223 1999-05-31 24 HONOKONO STOCKS Ct Or 52-Wk LmI Vol «Ht LvtOuoto Wv Wv YW Not M Cap HUh Urn Stno Company »0*0 COOP) Lo» Bwyor So«or Cw O W Sma 345 173 5123 COL (2000) HK 325 300 8 3.7 2.5 11 6292 5 5124 Cattiay Poc 20c HK—720 265223 words
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220 1999-05-31 24 Ven Sreenivaaan - WARRANT WATCH -By Ven Sreenivaaan ONCE again, the top percentage gainers list on Friday was dominated by a group of near-dated warrants. UIC 1999 warrant, which expires in July, topped the gainers' list as it doubled in price to 16 cents on solid220 words
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6442 1999-05-31 25 Week ended: May 28 Or Or M Wt Last VsI Waab Last Ouata Mv ON YM Nat Cm A»« w| 9» Lw StNa Company Ml COOP) High Law Buyar 5a—r C vr P/1 $m* Prtc MMTI MDUfllV 147 17.5mb 1000 Acma SOc 134 cd6,442 words
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Article1305 1999-05-31 25 8r M«t 1 w l48t Val Day LaatOwto Dtv Mv VH IM C« A«g l— ttw> cit»i »om rooot u» 8wyoc soaor or m puco 142 90 c 2049 AS Auto We 123 ***** 134 ns IU 123 IS N 7 15 115 V40.4 123 99 45 C 20511,305 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration547 1999-05-31 26 Source: JM Sassoon rfiH I!*l l VJWJW!fWMK9BtEK9fr: Stacks V*—a GES Intl Ltd 20c 168,803,000 Frt Linfcs 20c 154,379,000 popular 10c 127,644,000 Brilliant 8c 114,054,000 LianBeng5c 105,479,000 Inoo-PK 20c 100.401,000 TSMRes5c 92,060,000 Econ Intl 20c 89,403,000 SM Summit 10c 85.836.0Q0 Liang Huat 10c 76,929.000 Stacks V GES Intl Ltd 20c 212.134.055Source: JM Sassoon - 547 words
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Article, Illustration624 1999-05-31 26 Ven Sreenivasan - THE WEEK AHEAD While the STI is looking overbought and Wall St is becoming turbulent, punters are ramping np speculative penny stocks By Ven Sreenivasan SO is the market sentiment showing signs of waning? That is the billion dollar question brokers are pondering624 words
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Article, Illustration61 1999-05-31 26 Wong Wei Kong - -By Wong Wei Kong COMFORT Group shares rose 4 cents to $0.96 on a volume of 19.8 million shares, compared with its 10-day traded average of 8.7 million shares. The stock is looking toppish on the RSI, Stochastics and MACD charts. Comfort shares have had a good run61 words
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Page 17 Advertisements
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Advertisement37 1999-05-31 17 This announcement appears as a matter of record only. CITY DEVELOPMENTS LIMITED *****,000,000 Medium Term Note Programme and First Issue of 5550,000,000 Fixed Rate Notes due 2002 Arranger Citicorp Investment Bank (Singapore) Limited May 1999 CmBAN<& I37 words
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Page 18 Advertisements
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Advertisement1333 1999-05-31 18 Keppel Telecommunications Transportation Ltd (Incorporated in the Republic of Singapore) 5533 f 510,193 Principal Amount of 1.5 per cent Unsecured Convertible Loan Stock due 1999 ("The Loan Stocks") To All Holders of the Loan Stocks Expiry of Conversion Rights Holders of the Loan Stocks ("Loan Stock Holders") are reminded that,1,333 words
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Page 19 Advertisements
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Advertisement414 1999-05-31 19 microsystems All you need to know about e.commerce With any one of our competitively-priced DOT .COM packages, you could easily be ".com-ming" your way to new business opportunities. For 16 years, Sun has been taking some of the most successful Internet businesses into the Network Age and helping them to414 words
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Page 20 Advertisements
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Advertisement83 1999-05-31 20 Whichever way you look at it, Microsoft is committed in bringing you Y2K support. 2 Time is running out, better upgrade now before it becomes too costly to solve your Y-2-K problem. We can help you in Standard Business Accounting Software or can also provide Customised Software under Window'9s /NT83 words
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Page 23 Advertisements
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Advertisement28 1999-05-31 23 Classified First. Want to get a laptop? Or simply get computer savvy Log on to the best site: |B Check The Straits Times PI Classified First. CATS. kyILMK.MiL28 words
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Page 24 Advertisements
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Advertisement50 1999-05-31 24 I J f J 11i' t* MM 1 U? Wl. f i» MHILV Personal Hnance Unit Trusts Property 7 Jr •Stocks •Epicure •Style •Motoring •Travel #lr W f Every Friday •/> Jy m fti THE BUSINESS TIMES. Jf jfp^f/kjjp J A must-read L/oUUILy J for your long weekend. X. t50 words
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Page 25 Advertisements
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Advertisement6 1999-05-31 25 C Making sense of financial markets6 words
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Advertisement8 1999-05-31 25 Wednesdays Asian View by Yang Razali Kassim TheßusinessTimes8 words
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Page 26 Advertisements
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Advertisement1482 1999-05-31 26 DBS investor Online. You've read about it, now hear us on Newsßadio 938. Mon Fri.from 8.22 a.m. 831WSBANK I .f""> X money markets C Where they've been... where they're headei^^ MflHlMlMlliMM# 9 Money Matters Even Wednesday ITbeßusinessTimes wmmrn NOTICES To advertise caM 1011-lree 1800-741 1883 Fax No: 741 1298 TRANSFER1,482 words
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Advertisement232 1999-05-31 26 IN THE MATTER OF THE COMPANIES ACT, CAR 50 AND IN THE MATTER OF FERNANDO MANPOWER SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50, that the Final Meeting of the Members of the232 words
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Advertisement183 1999-05-31 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF THE CONNAUGHT THAILAND PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. SO that the Final Meeting of the Members of the183 words
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SHIPPING TIMES
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Article243 1999-05-31 27 Contributed by Simpson Spence Young THE dry bulk market continues to dominate with buyers still keen to purchase handy/ handymax and panamax tonnage. Vends sold for farther trading BULK CARRIERS: ♦United Respect: 149,212 tdw bit 11/89 Samsung SB/HI. It is understood that the vessel has been taken onContributed by Simpson Spence & Young - 243 words
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Article135 1999-05-31 27 Reuters [HONGKONG] Cheung Kong (Holdings) Ltd said that talks with the government on developing a cruise terminal in HongKong were progressing and it already owned the principal land and marine rights for the project. "We already have the principal land for the development of theReuters - 135 words
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Article, Illustration473 1999-05-31 27 Marcus Hand - Port Authority of New York proposes plan to counteract growth of shipping line alliances By. Marcus Hand [SINGAPORE] The Port Authority of New York and New Jersey has proposed a ground-breaking plan for a port alliance on the North American east coast473 words
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782 1999-05-31 27 David Hughes - LINER SCENE By] David Hughes ON the face of it, last week's announcement by the Far Eastern Freight Conference (FEFC) that it intends to implement rate restorations on the westbound trade from July seems rather odd. The FEFC lines made it clear enough back782 words
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SHIPPING NEWS
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Article, Illustration320 1999-05-31 28 David Hughes - Plan likely to bear fruit at Amsterdam shipping conference Reports by David Hughes in London PROPOSALS put forward by the Dutch government for an organisation of ship registers prepared to adhere to high standards are set to be realised at the Mare Forum320 words
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220 1999-05-31 28 BIMCO has reaffirmed its opposition to proposed amendments to the US Carriage of Goods by Sea Act (Cogsa) together with a number of international organisations. The issue was one of several considered by Bimco's executive committee, chaired by president Ronald220 words
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191 1999-05-31 28 JAPANESE classification society Class NK says it will remain a non-profitmaking, independent, third-party classification society. Tadashi Mano, president of the lACS member society, says in Class NK's latest report: "In the future, remaining free from the pressures of business in the private sector,191 words
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PORT Shots
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126 1999-05-31 28 THE planned merger of the managing companies of two major International Group (IG) P&I clubs, Standard Club and Britannia Club, is set to create the largest marine mutual insurer. Charles Taylor, manager of the Standard Club, says it has signed a conditional memorandum126 words
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Article117 1999-05-31 28 MEMBER lines of the Far Eastern Freight Conference (FEFC) confirmed last week their intention to increase rates under the Asia Westbound Rate Agreement (AWRA) on July 1. The "restoration" of freight rates, of USS3OO/600/15 per 20-ft/40-ft/LCL had been agreed in April but had caused considerable117 words
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Article115 1999-05-31 28 THE proposed US federal budget for 1999/2000 contains a potentially serious problem for businesses with US operations, says international shipping accountant Moore Stephens. In the latest edition of its newsletter The Bottom Line, the firm warns tl\at the US government plans to attack minimisation of115 words
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Article50 1999-05-31 28 SWEDISH Orient Line (SOL) has furthered its strategy of winning long-term contracts to carry forest products. Under a new agreement with StoraEnso Group, SOL will carry some 225,000 tonnes of forest products from Finland and Sweden to ports in the eastern Mediterranean by the end of2ool.50 words
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Article90 1999-05-31 28 JAPAN'S export ship order book declined by seven ships and 1,770 gross tonnes during April, according to figures from Japan Ship Exporters' Association. The total export order book stood at 344 ships totalling 18,305,860 gt at the end of the month. During April, Japanese yards received90 words
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Article330 1999-05-31 28 PACE Evergreen 6 ANL 3 FoongSun 8 Accord 8 Fro,J 12 Ahrenkiel 14 Frt Links 14 AASCO 12 Appensfcp 5 GwMrtrans 6 Austral 8 Gws w M A,ant 14 GtofY Nav 14 B'tMQ Mas 8 Hi,SunHuP K BSA 7 BTL M 3 4 ET O PaArtlviikfti tl330 words
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Article19833 1999-05-31 35 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number mmmmrnHmmmmmmmmmmmmmmmmmmmmmrnHmmmmmmmmmmm mmmmmmmmmmmmmimmmmmmmimmmmmmmmmmmmmmmmKmm To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cote D Ivoire 0 0/06 «/07 ccni pionll sao paulo tooje19,833 words
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SHIPS IN PORT
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Article685 1999-05-31 41 VtSMl Voy Ho Bfth Arrival Departure IT CKridiyi *****9 J1 itonflsid* 28Jgft35» E1NUSA4 NC/08 J3 ilonflSKie 28 05/0900 An21 03/99 J8 HonflSKte Z8.05/0600 Tropicil 26 01/99 JB Hongsid* 28 05/1000 ArtKdoMm 6/99 J2 28.05/1500 29.05/0300 8T Hi B«nim 0)0599 Jl 28.05/0900 28.05/1300 IT Ma* P« *****9 Jl 28.05/0900685 words
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Article1850 1999-05-31 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy Mo Etb/Btr Period From To From *ci HiDncin 02» OVWOO U M/tt00 30/1659 30/1900 IS 30/1500 30/1*59 30/1900 u 30/1700 31/0*51 3V0900 21 30/T700 31/0*59 31/0900 J 31/0700 31/18* 3V1400 4 31/1200 31/1459 31/1700 00 JA1,850 words
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Article175 1999-05-31 41 May 31 Greece: Orthodox Pentecost Holiday. Brunei: Anniversary of Royal Brunei Malay Regiment. Job 3 Austria: Corpus Christi. Job S Denmark: Constitution Day. Job 14 Australia: Queen's Birthday. Jan 18 Hong Kong: Tuen Ng Day. Jon 25 Finland: Midsummer Eve Holiday. Jon 26 Indonesia: Mouloud Prophet's Birthday. Brunei:175 words
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Article801 1999-05-31 41 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 indicated. The Cockett Bunker Price Index change and the individual801 words
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Article412 1999-05-31 41 C*** 180 Max 990.3 0.7 18.7 0.08 75 0.06 u BmMim i<k iiiiniinliiiii Stdlmant Ho above E25 0 0 22LZZ 222! 2J2—— 380 A MM 0.3 13.4 0.06 36 0.02 JJ£ 380 M«i 992.5 10 19.4 0.09 90 0.06 U/trj %ifi %m/m »m/m wm wow Ho412 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration491 1999-05-31 42 About 200 pilots have reported sick in wage dispute with HE airline Reuters [HONGKONG] Hongkong flag carrier Cathay Pacific Airways cancelled 31 flights yesterday, a day after grounding 30 flights affecting 5,000 passengers, as pilots continued to report in "sick" during a wageReuters; AFP - 491 words
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200 1999-05-31 42 AFP [TOKYO] Japan's All Nippon Airways Co. Ltd (ANA) will cut 2,200 staff in four years and reduce its debts as part of restructuring, a daily said. ANA, Japan's second largest carrier, will reduce the number of ground-based workforce to 13,000, from 15,200AFP - 200 words
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Article, Illustration521 1999-05-31 42 Reuters [BRUSSELS] The chief executive of Sabena hailed the dawn of an airline industry merger drive, and predicted the way would be cleared by the end of 2000 for SAirGroup to take a majority stake in his company. Paul Reutlinger said he expectedReuters - 521 words
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Article247 1999-05-31 42 Reuters [SHANGHAI] China plans to issue new rules governing toll roads as part of a bid to stem unauthorised collection, a Communications Ministry official said. The new rules, which were still being reviewed, would create two classes of toll roads, he said. One classReuters - 247 words
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517 1999-05-31 42 Recovery plan favours foreign lenders Philippine National Bank AFP [MANILA] A key domestic creditor has withdrawn support for Philippine Airlines' (PAL) recovery plan, charging that it favours foreign lenders in debt payments, regulators said. Philippine National Bank (PNB) told the Securities and ExchangeAFP - 517 words
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369 1999-05-31 42 Bloomberg [NEW YORK] British Airways (BA) is asking a judge to dismiss breach-of-contract claims by US Airways Group before the case goes to trial. US Airways accused British Airways in a 1996 suit of illegally ditching a 1993 agreement withBloomberg - 369 words
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Article1743 1999-05-31 42 CITY FlIGHT ETA FllCHT ETO $0175 1830 SOT76 1035 UMM BA7381 1930 BA7382 2055 I I— VW74 0f81 1930 0f82 2055 Hat T6407 1540 T6408 1640 Amttrdan S0327 0745 *1838 2300 tWW 055 W5 CA973 0945 S024 2330 NHIwM AT97 1735 AY98 2135 WJ37 1455 IBniMwi1,743 words
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Page 27 Advertisements
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Advertisement132 1999-05-31 27 Dutch propose registers' group for high standards Plan likely to bear fruit at Amsterdam shipping conference. Page 2 Internet: http://shiptimes.asial.com.sg/ H NEWSHIP AGENCIES PTE LTD (A MEMBER OF THE KUOK GROUP) I ASSISTANT SALES 1 I MANAGER/MANAGER Newship is the agent for DSR-Senator Lines, and is looking for two results132 words
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Advertisement34 1999-05-31 27 I fll ml mm k T /frjfl|U|jpMl»T^ I H I fcXCflcWg© ff I makes it possible. R: .O: V i ,V.'- i B |jF H 7ft* l 'rpf* <f^ferHi H Y'l' 1 r'BlLt M^'M34 words
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Advertisement19 1999-05-31 27 More Cathay flight disruptions possible About 200 pilots have reported sick in wage dispute with HK airline. Baok Page19 words
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Page 28 Advertisements
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Advertisement1137 1999-05-31 28 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS 33X ftIfPER SHUTTLE EXPRESS toTa WEST COAST Of CBITRAL AMERICA (MARGARITASPWCE) vor mml now umma mus mum cmcmo mnm kkdoit wsa vot Imi |n.q«TiM| kajwi* I mmiowcp cmml w Jgwßgg* J*tg*se_ wornS "BBS" n/u I n/u ii/5T""575"~m nju~ oim oi/m1,137 words
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Advertisement628 1999-05-31 28 represented ('lOl-1 b V Members of the Registry of f«j y.t Singapore Freight Forwarders Accredited Shipping Agents Association Ng»«» 2/ Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBH" ETA SIN 26/06/99 BOOKINGS CALL MOMCA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO628 words
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Page 29 Advertisements
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Advertisement1104 1999-05-31 29 TO EUROPE FROM EUROPE Ivtssa vot 1 sw rtm aim ham wv sou fit iw vissa votlm w mm wv sou nr leh ~sw~ MIRK S4SW 03/0* 24/04 23/04 24/04 11/04 NOKDRAI OOH 04/05 11/05 14/05 15/05 01/04 HYDUKE 31BW 03/04 20/04 22/04 25/04 10/04 KYADMMAI 31* 15/05 12/05 13/051,104 words
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Advertisement2104 1999-05-31 29 ®HANJIN SHIPPING iikPl OfcMpU. -Mb *****30 HAMJM ggfgg (S) PTfLIP N»//— am MOtmG *****3573; SAUS *****74 731 OOQIMBI *****71 774 OPBAKWS *****5* TV MOUM 7777HS fU 7771H4 01 WO) 1 S34t3oooo>> TO NW USA A CANADA USA CANADA* BR VSL/VOT MM SM ÜBHAUL/VOY ~1 SiA TJW KM T~rol 04 MSP2,104 words
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Advertisement410 1999-05-31 29 FULLY CONTAINIIIfID PIPICATiP fIRVICII «ssa w_ _s«_ re vot so hk b us* 1 rus jvssa |w j IntouM jp7s Ick/mI oi/ot I MOW* «S 30/05 Ot/Ot 02/Dt 04/ M «/M 10/D*|ll/at jHSgw I I IKYIIWDAI SftlWTa 075S liyotl IVDt UIKUUW Wft 04/ M 11/ M 13/ M 15/ M410 words
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Page 30 Advertisements
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Advertisement1521 1999-05-31 30 DSR-SENATOR UNES TO UK/CONTINENT TOMtDfI'EHHANEANiCANADA ««a voy a" tm mu mm mm m* nx Imm wn m an sn ns wx «ra MMUMPOMTUMO WMZS 01 OS ISM WOS 10 00 IZ OS OR MM CMJRMHUBMTOR VMS DM 20 OS Tl 00 SH KM KB momtTM woks mm m vm mm1,521 words
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Advertisement939 1999-05-31 30 SSAEI p.oSSl^jmi hKVv* J QRNfttlMmMI 58U:(064)*****9 MAMLA: (632) *****24 X PENANQ: (04) *****36 BAHOKOC (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03)*****77 (21) *****07 MOW: (61) *****3 KUCHWB (062) *****1-3 BOMBAY I MADRAS MV "XPRESS NILGIRI" V.lBl MV "SINAR TIMUR" V.OM ETA SIN: 7-6-99 ETA SIN: 7-6-99 PORT KIAN6/PINANC VANCOUVER939 words
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Advertisement549 1999-05-31 30 LINE BBr IXILs MIMM MXi UIIIIS 1 MUARA 1 1 LABUAN 1 vissa m ni n vbsb vot etc ft* spob NiMtA spo« m (MMumxn vm/w saw mp* carakajot vix/w oi/m jrtosm vix/wm/m m/m jprospm vix/w 03/ m 07/ m (ARASA JN337 VIX/tt 07/ M 10/06 CAIMAJQ37 VIX/W 07/ M549 words
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Page 31 Advertisements
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Advertisement1553 1999-05-31 31 1 VESSEL VOY KHH HKG SIN PKO PQB PXB DMM IBA I BIK IRAN TABATABAEI PCL-5103 12/05 14/06 18/05 19/05 28/05 29/05 30/05 01/06 03/06 IRAN LORESTAN PCL-5102 19/05 21/05 25/05 26/05 04/06 05/06 06/06 08/06 10/06 IRAN TEYFOUR! PCL-5104 26/05 28/05 01/06 02/06 11/06 12/06 13/06 15/06 17/06 IRAN1,553 words
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Advertisement2628 1999-05-31 31 Direct Calls to K«k« (6 Days),! Nnfoya (7 Pays) Tokyo (8 Days) J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SHIPPING PTE LTD *i7-OSDISBLDG SAI.ES/BKGS *****57/60 INWARD DCPT (D/O) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0* TOWER TWO (*****9) CONVENTIONAL2,628 words
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Page 32 Advertisements
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Advertisement1372 1999-05-31 32 EUROPtAiK^CAHPtmVWnWUWD^USSIA SGP ROM ANW HBG THP ZE£ LHV LHV THP ROM ANW HBG PKL SGP E GLOWING RVM-OSI 02*6 24,D6 30/06 26AM 28/06 2VD6 30AM E. ROYAL RE 042 13*5 15/05 IMS 18*5 18/05 06/06 07/06 E DIVINE RWOOS 15AM 03AJ7 01/07 04/07 06/07 07/07 01/07 E. RACER RE-027 ISAM1,372 words
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Advertisement837 1999-05-31 32 PACIFIC INTERNATIONAL UNES (PTE) LTD A 140 Cec9 Street, #03-00 PIL Building, Singapore *****0. I CR NO **********0£ limsa vot m «I m SB m ■Mlßj E* F3*] I 00QAMUTT 041 n/j 31/5 7/t n/4 u/t »/a w/4 n/k I mkmutu mm ik-zstz it/* ,-y w* /t jja—jjf- =*zr I837 words
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Advertisement553 1999-05-31 32 rt* NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURmUS SOUTH AFRICA VESSEL VOT SIN I PUI I OUR 1 JNB (W IQ mrouQuta wa io/m n/o* tim 25/0* 27/ot RjgHORAGM tOlfi 20/0* "w/oT 03/D7 ~M/07~ 07/07 MAMttlffilUS <03 SS 04/07 12/07 H/07 U/07 20/07 23/07 BOLDERDtAGOR VOI3S 13/07 23/07 27/07 30/07553 words
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Page 33 Advertisements
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Advertisement422 1999-05-31 33 BSA il %mm MYANMA ÜBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) VESSEL VOY SIN PKI PIN PGU (AGO VI WW SU> MAWIAMYINE MW 09/06 BAIAYSIA AGtNTS: IOUSHAD SHIPPING AGENOES KUL HI (03)*****00 PKL TEL (03)*****01 Pfft HI (04)*****02 PGU: TIL (07) *****21/4 BANK LINE (A Mrvict422 words
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Advertisement1326 1999-05-31 33 HMNEHYUNDA^AERCHANTJJAARJNECOI^TD^^^^^^ I vcsa VOY SM j SOU 1 UH I WW 1 AW I NAM I IV I W~| [vcsa VOYI SOW I 181 I »I» I AWT I NAB I MV I W raTI HYDUKE 31IW 02/06 11/06 19/06 21/06 24/06 NOICOKAL 0071 16/05 15/05 19/05 11/05 02/06 MNUM1,326 words
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Advertisement1122 1999-05-31 33 k norwagkn fpmnatied oukxamers *£> ©as®® Wilhelmsen Lines TO NORTH AND LATIN AMERKA "ROSO HEAVTUFT SHtVKI" |VKSB VOY I RAMP HEIGHT Sltl LAX CRI MU SAV OAL OtF NYC WW MM tampa Nil 4001 m 6.3 M m port "2576T ©476T" UtToT viJW 7W \iJW "Wot" Tf76T WoT" TAiAMT F9121,122 words
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Page 34 Advertisements
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Advertisement857 1999-05-31 34 BANGKOK/MAP TA PHUT/lAEM CHABANGI J AKAWT A/PAW J AHQ vessel voy sin bkk mtp lch vessel VOY SIN JKT PJW CHANA BHUM" 72N In Pt 04/06 ACX JADE* 865 03/06 1 ANAN BHUM 115N 01/06 05/06 04/06 VIRA BHUM 26M [nPt 04/06 03/06 NANTA BHUM" 448N 02/06 05/06 06/06 ANRO857 words
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Advertisement417 1999-05-31 34 INDONESIA NATIONAL LINE TO AUSTRALIA "I FULL COiroUNER SERVICE wt Ivor Isgw I I I STP I I ML BL mwowr is am*/* <V** u/»* ?i/*> H/**gZ»^_ mmmm m i*/**u/«* n/w g/w >i/w M/W mami w i;/nn/»i v/u «/w w/w "/w Kwaw Im Ih/o*t*»J 107/«jw/i7|ii/v| |u/*7| FEEDER SERVICE TO INDONESIA417 words
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Advertisement745 1999-05-31 34 VOY law I PKL I JHJ I MLA LB< RTM HAM ZEE SOT VtlE DE SMAWOMAI H3IW QIAO6 11AM ISOS 20X06 22/06 23/06 25*06 VtlEiypßlON Y3IW 07A06 06*06 17AM 22*06 2&Q6 29X06 WW 03W7 OW7 VHEOEMMKMA V32W 14*06 1506 24*06 2SW 06AJ7 06A77 07X07 08*07 10P7 VU£ OE TANYA T3ZW745 words
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Page 35 Advertisements
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Advertisement71 1999-05-31 35 NEW SERVICE TO: I i ll 9 1 Tl P J.B I CWT GLOBELINK UHUhdUuUaHU INTRODUCES BmUmAUH weekly direct groufage dli villi lIH TO SOUTH AMERICAN Refer To Pg6 PORTS m Richfield Marine PG 13 (MON/WED/FRI) fflj Agencies (S) Pte Ltd NEW GU.NETgBfBiIi PACIFIC UNE Our Schedules Are NEW SERVICE71 words
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Advertisement47 1999-05-31 37 i (Retrieve more schedules!) Press "1" Select the port and key in STMbf the four digit code eg: To A/ew York (NYC) 2275 STHMj Key in your fax number STritjEnter your phone number Another innovative service offered by The document Will be Shipping times !3fc/!^n y s^.47 words
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Page 38 Advertisements
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Advertisement140 1999-05-31 38 s IRVKI FRo||; U K CONTINENT/ MIDDLE EAST TD: FAR EAST EUROPE SERVICE TAW SKN KKU TINA VESSB/VOY SIN LAEM CHAIANG MANIU HONGKONG KEEKING RUIIN STAR V33A 21/ M 24/06 26/06 SSSbmmmmm, M/ HAUYSU- HSH (M) SOU IHD TAWAU- CtftKOCN FREIGHT SVCS PORT HUNG AGMT: SUNSHP AGBKKS (NQ SDN HI)140 words
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Advertisement209 1999-05-31 38 IjLdSCO^^^Wr t «l AVIV■ V JI IV Jll LI I MP.y7|lff^^H SHIPPING LINE if'lllF'u |'V 1 I' H Hfcl ■ll■ I L IHHI I LIBYA TOBRUQ BENGHAZI MISURATA TRIPOLI LuuJ Ivßsamnl VQT.KQ I lalwc I pa mug mi I w I w jj» is m IOAUIAtI 5103 SPKAUSTM It/05 11/05209 words
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Advertisement148 1999-05-31 38 ESP LINES WEEKLY LCL AMD FCI StKVICI mMM SUKOHT HUB IMPf! (MTTAGONG. MAMAS lANGKOK, HONG CONG HAMIUKG, tOTTBSMI ■OMBAT, COUMUO MJUUTTA. MAJMLA AJfTWHtf, RUXSTOW! CAIQITTA HO CHI MH HAIPHON6 REGULAR CONTAINERISED INDONESIAN SERVICE VCSn/VOTAg STOtt I JCT I SMI I HTC sw f CMMUM/M V/K It/15 11/15 17/W Ftnui I148 words
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Page 39 Advertisements
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Advertisement1005 1999-05-31 39 SAMUDERA SHIPPING LINE LTD wmmmm 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. **********00 BHSHB TEL *****88 FAX: *****29 (0IITWAR0) *****83-4 (INWARD) /*****16 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIBECT LIME: 535 6266 Calia/Jessica/Mol Chan/Jetlyw/Dor»/l»y/H»nim IM'JMI. M... 8 SLGS/WEEK IsMldflkMcM EVERY 4 DAYS [VESSEL IVOY I1,005 words
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Advertisement860 1999-05-31 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PIG I MB I JKT I SUI 01W PPC CMO OOW HAL NYL Otf SAV NEW TAB HOU HQIGHOBB/03S0 71/05 03/04 00/0* 00/00 H/00 14/0* 20/00 W/04 W/07 01/00 02/00 05/ M 00/00 14/00 l»/0» HQIfiH DtUI/0452 H/0* 10/00 23/00 25/Ot 01/07860 words
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Advertisement86 1999-05-31 39 SHIRTING* WAREHOUSING Bataa: Singapore Leading Daily Mon to Stf (BATAMINIX) l/UI) Accepting RQXTonvtrtkmaVProjecl/Heavy Lift Cmgo Reder Cimtainer lintaa: Singapore Man. Wed &hn (BATAMINIX) II) Accepting KTA'<*iventianal/Pm)eit Heavy Lift Ca^o Uk 227 0322 Fix: 222 9330 B«t«M* SUffiag t Wwlwhf hi Ltd 7A Uffl Umi Im+m v —3-51 in OWOS4 BKUUWSiKiAPOtt/VETIUMSCTVICE86 words
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Advertisement659 1999-05-31 39 CCC* Singapore Soviet Skipping CPL a n* i oosouoooon k\\l MoltiKne Shipping PL W3JJ (wwHMWfater) akiysmMOK VESSEL VOY SIN BOM PNG PKL KEDAH 130N 02/06 09AM TBA 20AM KOTA RUKUN RKNO39 09/06 16/06 TBA 27/06 KOTA RATU RTUO47 16/06 23AM TBA 04/07 [VESSEL VOY SIN CALCUTTA SW STAR ISLAND 015659 words
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Page 40 Advertisements
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Advertisement564 1999-05-31 40 I VESSEL VOY SIN MAA SIN I TIGER SEA 713N 02-02/06 07-11/06 15-16/06 I TIGER BAY 7UN 10-13/06 1809/06 I TIGER ISLAND 715N 0909/06 14-17/06 22 23W6 I TIGER PEARL 716N 11-12/06 16-204)6 25-2&06 I TIGER SEA 717N 15-16/06 21-2406 28-29/06 TIGER BAY 718N 18-19/06 23-26,06 01-02/07 IVESSE^^^^VO^^SU^^CA^^SU^I XPRESS SPORE564 words
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Advertisement900 1999-05-31 40 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 i-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113900 words
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Advertisement1012 1999-05-31 40 OOCL (Singapore) Pte Ud CFS Keppel DidrpiT" 65 CMa St OOC Ctr #42-00 *****13 tk 513 #01-121 > SI CRNOUI7S7IOOOON 1* 272 7027 MTIBIIW| Wl— U *****83 Fu: 430 2966 Fn: 272 702S M M-ArM B Orient OvßTseos Container line I (Malaysia) Sdn Bhd (R«g Nac *****2-U) nf Irn/UJNG JAY1,012 words
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Advertisement152 1999-05-31 40 FULL CONTAINER SERVICE SIN PASIR GUDANG SIN DAILY SAILINGS I VESSEL VOY ETA PG MY VOY |ETASH I »>r] 5%P— PROGRESS 9999S 01/06/99 fTUE) 9999N 02/06/99 (MED) irto ~*****~ O&Q6/99 (WEPT OOSnT 03/Q6/99 mw PROGRESS 1000S 03/06/99 fTHUR) 1000N 04/06/99 |FW| W 64/M/M w WUH i**T Accepting UC cwgo IWar152 words
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Page 41 Miscellaneous
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Miscellaneous127 1999-05-31 41 LEGEND: R Thunderstorm Temperature •<, X\ Jm <^, ower Weather Wind direction with speed m knots Rom v^/ Cloudy Sky Wove he^t Serfoce wmd» are indicated by arrows which Hy with the wind One full circle represents calm or light and vonoble winds J—». One half fleche represents 5 knots127 words
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Page 42 Advertisements
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Advertisement69 1999-05-31 42 WANTED BARGES Second Hand Barge for Storing Superior Kerosene Oil (SKO) at Port. Requirement: Three Numbers. Each ABT 5000 M TONS. 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 Importers69 words
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