The Business Times, 14 June 1999

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Total Pages: 42
1 42 The Business Times
  • 10 1 MITA (P) 04K/12/98 85c SINGAPORE Internet: http://business-times.asial.com.sg/ MONDAY, JUNE 14,1999
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  • 47 1 CTCTMIUfflimMBB feek Chaage STI 2,007.17_..+138.80 8IMSC1 FUTURES...285.70....+1420 WSRl 780.0? +4023 KLSECOMP 77l71_„+a* NIKKEI 17,19&6&...+897.80 HANG SENG 12J«.7«_.+***** SET INDEX 207.00 +30.59 JAKARTA COMP. *****......+56JO MANILA COMP—2207-70 +1219 TAIPEI WPL 7,979.40....+340.10 SEOUL COMP. 848.01 +51.11 CLSA CHINA B J917S_+***** AUST ALLORD.—2,***** +20.90 DOW JONES 10,490.51 *****
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  • 78 1 FQBBX KITES U8S SI USS 1.714 £(lSS/SSper£) 1.611 1761 EURO(USS/S$ per E) 1.062 1M DM 1.860 0.921 YEN 11&7 1.444* RM 3.800 0.461 HKS 7.717 MSI BAHT K33 Q.M« KUP1AH 7,710 0.022 St to 100 unto PUKE BATES SINGAPORE* L8) KUALA LUMPUR 716 JAKARTA 40.00 BANGKOK 10.00 MANILA 11.00
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  • 1157 1  -  Leading party in polls wants KL-style capital controls that IMF rejects; Fischer flying in for talks From' Yang Razali Kassim in Jakarta A POLICY stand-off is developing between the International Monetary Fund and the Indonesian Democratic Party of Struggle (PDI-P) which has emerged
    1,157 words
  • 1083 1 Wall Street's appetite sated by flood of new firms FT [LONDON] Wall Street's Internet bubble has not popped, but there is a distinct sound of escaping air. While that may have been painful for anyone who only recently joined the party, it is
    FT; Source: Bloomberg  -  1,083 words
  • 679 1  -  Surprise Q1 growth, rising imports from Asia, indicate it has more to offer region From Meera Tharmaratnam in Hongkong WITH an unexpected surge in Japan's first quarter gross domestic product (GDP) figures, economists are re-assessing how far Japan may contribute to Asia's recovery. The
    679 words
  • 292 1 Deutsche Telecom, France Telecom also Invited: report Reuters [LONDON] Britian's top three cable companies Cable Wireless Communications (CWC), Telewest and NTL are discussing a £30 billion (5582.8 billion) merger, The Mail on Sunday newspaper reported. The groups have also invited Deutsche Telekom
    Reuters  -  292 words
  • Page 1 Advertisements
    • 148 1 DBBM HIMjH Onsißiptaai Construction company Soil Build has come through the past two years comfortably despite the regional crisis. According to managing director Lim Chap Huat, the main reason for the company's health is that it has not overstretched itself, Pf 2 Mntnttn Foreign portfolio managers might be tempted to
      148 words
    • 16 1 Body blow/or banking— and more, Pg 5 Calls mount/or Indon A~G to be suspended, Pg 3
      16 words
    • 18 1 Japanese recovery expected to benefit Taiwan, Korea most, Pg 4 Fed widely expected to raise rates, Pg 7
      18 words

  • SINGAPORE AT HOME & ABROAD
    • 981 2 DEPUTY Prime Minister Lee Hsien Loong gave an interview recently to Irene Ng of The Straits Times. We reproduce below extracts of Part One of the interview. Part Two will be carried tomorrow. ST: I remember that you were involved in the package to
      FILE PHOTO  -  981 words
    • 942 2  -  It has avoided the temptation of stretching itself, says MD Marissa Chew HE construction indusW try has been one of the V H worst hit during the re- gional financial crisis and contractors bemoan ing low tender prices and high wage costs are com- mon.
      ARTHUR LEE  -  942 words
    • 308 2  -  By l Chuang Peck Ming PRIME Minister Goh Chok Tong leaves on a four-day official visit to South Korea today with a 10-member business delegation, a government statement said yesterday. The highlight of his visit to the country, Mr Goh's second as
      308 words
    • 300 2  -  BYE OM THE ECONOMY Outlook By' Wong Wei Kong THE Singapore economy will grow by 2-3 per cent this year, underpinned by the stronger than expected growth in the first quarter and a gradual pick-up in economic momentum in subsequent quarters, United Overseas Bank said in
      Source: UOB  -  300 words
  • Page 2 Advertisements
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  • REGION
    • 448 3 BANGKOK Foreign firms are making acquisitions in the retail and banking sectors AFP FOREIGN investors are again targeting Thailand, lured by a newly stable currency and evidence the thunder clouds of economic crisis are to clear, according to top government officials. Thailand
      AFP  -  448 words
    • 374 3 SINGAPORE Three projects will make travelling to M'sia much easier Bernama MALAYSIA'S newly appointed Culture, Arts and Tourism Minister Abdul Kadir Sheikh Fadzir said he would be working closely with the Johor state government to make it more attractive and
      Bernama  -  374 words
    • NOTE Book
      • 64 3 AFP [KUALA LUMPUR] Malaysia's dominant political party Umno is to hold a crucial annual congress starting this Friday, with Malay unity to be its rallying call. Observers say Prime Minister Mahathir Mohamad will consolidate his leadership of the United Malays National Organisation as he
        AFP  -  64 words
      • 70 3 Reuters [TAIPEI] Taiwan farm officials suspect an outbreak of foot-and-mouth disease among cows on outlying Jinmen island may have spread from rival China. "(There is) a strong possibility that the virus came from the mainland," the China Times newspaper reported yesterday. Authorities have
        Reuters  -  70 words
      • 43 3 AFP [HONGKONG] The Guangdong provincial government has agreed to pay creditors of its debt-ridden Guangdong Enterprises (Holdings) interest for a further two months from July if creditors negotiate in good faith, a local paper reported on Saturday. —AFP
        AFP  -  43 words
      • 52 3 Reuters [JAKARTA] Five civilians died in Aceh on Saturday when anti-riot police opened fire after mistaking the sound of a truck's burst tyre for gunfire. "The tyre of the truck suddenly burst and then the team of police fired blindly at the villagers," said
        Reuters  -  52 words
    • 111 3 JELI, Malaysia Bernama BANK Negara Malaysia will release the country's economic report for the first quarter of 1999 in a week's time, Second Finance Minister Mustapa Mohamed said yesterday. He said the report is expected to prove the effective- ness of government measures,
      Bernama  -  111 words
    • 533 3 JAKARTA AFP INDONESIAN President B J Habibie faces mounting calls to suspend Andi Ghalib as at-torney-general pending an audit on his wealth, with some warning that failure to do so may affect Dr Habibie's bid for the next presidency, reports
      AFP  -  533 words
    • 269 6 SEOUL Bank governor also says to keep interest rates stable Reuters THE head of South Korea's central Bank of Korea said on Saturday the bank would counter inflation in a preemptive manner while keeping interest rates stable. "Interest rates will
      Reuters  -  269 words
    • 433 6 SRINAGAR AFP. Reuters INDIAN Prime Minister Atal Behari Vajpayee said yesterday after visiting troops on Kashmir's tense border that Indians should be prepared for a war with Pakistan. "We want peace but (we should) keep ourselves prepared for war," the Press
      AFP.; Reuters; REUTERS  -  433 words
    • 507 6 TOKYO State takes over Tokyo Sowa in latest move to revamp financial system AFP JAPAN has shifted its target to regional banks in a desperate fight against bad debts, analysts say, warning that the nation's financial problems are not yet over. The Financial
      AFP  -  507 words
    • 267 6 ZURICH Reuters CREDIT Suisse Group had no comment on Saturday over media reports claiming that its CSFB investment banking unit had actively marketed a scheme in Japan to help banks hide bad loans. The Financial Times said on Saturday that Credit Suisse
      Reuters  -  267 words
    • 445 6 I SEOUL Govt had threatened group with sanctions for slow reforms Bloomberg DAEWOO Group, South Korea's second-largest conglomerate, said it will speed up asset sales to raise 2 trillion won (552.9 billion) this month, as a delay in recasting its business
      Bloomberg  -  445 words
    • 317 6 SEOUL It'll be general-level meeting with United Nations Command AFP NORTH Korea, in a turnaround in its hardline stance, agreed yesterday to hold talks with the United Nations Command (UNC) over a prolonged sea standoff with South Korea. The US-led command welcomed the
      AFP  -  317 words
  • Page 3 Advertisements
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      477 words
    • 7 3 Body blow/or banking— and more, Pg 5
      7 words

  • ASIA OH THE MEND
    • 275 4 It has no clear idea how to avoid the next one, he says [SINGAPORE] Asia could be emerging from its crisis without having learned much, well-known economist Paul Krugman warned in the latest edition of Time magazine. "Asia has not emerged from
      275 words
    • 829 4  -  CRISIS WATCH Asia's prospects are a minefield of uncertainties, so treat forecasts like an oft-repeated ramonr BU Vikram Khanna IN economic life, expect the unexpected, said the great economist John Maynard Keynes more than 60 years ago. The Asian crisis has faithfully lived up to this dictum.
      829 words
    • 563 4 Many institutional investors have given the two countries increased weigh tings Reuters [HONGKONG] Japan's economic turnaround is good news for its Asian neighbours. Taiwan and South Korea in particular are expected to benefit from Japan's recovery and these two markets are getting
      Reuters; FILE PHOTO  -  563 words
    • 305 4 JAKARTA AFP THE Indonesian Bank Restructuring Agency (IBRA) has summoned the country's top 200 domestic debtors and presented them with the choice of agreeing on a debt restructuring package or liquidation, reports said yesterday. IBRA chairman Glenn Yusuf said after addressing
      AFP  -  305 words
    • 534 4  -  Expected surge in trade surpluses, rising yen cited From Macabe Keliher in Taipei THE New Taiwan dollar, making strong ground against the greenback this past week, still has room to appreciate due to the strengthening Japanese yen and forecast trade surpluses this
      534 words
    • 523 4 Relying on domestic funds could jeopardise low interest rate regime AFP [KUALA LUMPUR) Proceeds from a US$l billion (Ssl.7 billion) Malaysian bond issue will give the government the necessary muscle to adopt flexible policies to ensure economic recovery, analysts say. While Malaysia has sufficient
      AFP  -  523 words
  • Page 4 Advertisements
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  • AFTERMATH OF INDONESIAN ELECTION
    • 2047 5  - Body blow for banking —and more Is there a hidden agenda and much more than meets the eye in leaked information about huge unaccounted funds in Andi Ghalib's bank accounts? By Yang Razali Kassim The writer is BT's regional analysis editor [JAKARTA] AS the general election heads for an inconclusive
      2,047 words
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  • Page 6 Advertisements
    • 631 6 <£* CENTREPOINT PROPERTIES LTD (Incorporated in the Republic of Singapore) The Directors wish to announce the unaudited results for the half year ended 31 March 1999:Half y«ar to Hatfyaarto UtoW 11 toW OMnf« UltoW lltoW Chang* $'000 $000 $-000 I*ooo Turnover 90,214 37.235 >42.3 30 32 (6.3) Investment income 9,460
      631 words

  • THE WORLD
    • 592 7  -  FOMC seen going for quarter point rise at Jane 30 meeting From, Andrew Marks in New York WITH American consumers showing no signs of slowing their big-spending ways and growing evidence of an economic rebound in Asia, most Wall Street economists expect the
      592 words
    • 647 7  -  Reconstruction expected to affect prices of metals and other raw materials From Neil Behrmann in London GLOBAL financial and commodities markets have so far ignored the implications of the reconstruction of Kosovo and other Balkan states. The euro recovered slightly and European bond
      REUTERS  -  647 words
    • 573 7 FRANKFURT Move to finance debt relief for world's poorest countries Bloomberg FINANCE ministers of the Group of Seven leading industrial countries backed a plan on Saturday to sell as much as 10 million ounces of International Monetary Fund (IMF)
      Bloomberg  -  573 words
    • WORLD Watch
      • 36 7 Reuters [FRANKFURT] The European economy appears to be improving, but this does not mean a European Central Bank Interest rate rise is in the offing, Bundesbank president Hans Tietmeyer said yesterday.—Reuters
        Reuters  -  36 words
      • 39 7 AFP [WASHINGTON] US Under Secretary of State Thomas Pickering and an inter-agency team will go to China today to offer an official apology and explanation for the Nato bombing of China's Belgrade embassy.—AFP
        AFP  -  39 words
      • 50 7 AFP [BRUSSELS] Voters in 11 European countries showed little enthusiasm yesterday in electing a new and more powerful European Parliament. Typical of the disinterest was Finland, where less than 10 per cent of registered voters in Helsinki had voted by noon (1000 GMT). —AFP
        AFP  -  50 words
      • 44 7 AFP [WASHINGTON] Prosecutor Kenneth Starr will not seek criminal indictments of US President Bill Clinton or Hillary Rodham Clinton, but he will issue a final report about their behaviour in the Whitewater affair, the New York Times reported yesterday.—AFP
        AFP  -  44 words
    • 270 7 DUBLIN Reuters THE Irish government said yesterday it would sell its entire 50.1 per cent stake in state telecommunications company Telecom Eireann in the largest share offer in the history of the Irish republic. "The pre-registration process was a phenomenal
      Reuters  -  270 words
  • Page 7 Advertisements
    • 91 7 iluSQry 1 tJL IifSSSMSMSa AUSTRALIA am sth Intake: Oct *99 DBA in Marketing n Project Management DBA in General Management B DBA in Information Systems Doctor of Business Administration DBA in Human Resource Management USQ sujdenfs enjoy encellent graduate placement (ratio 5 out of 5) as reflected in the Good
      91 words
    • 957 7 MOLD LTD (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the 9th Annual General Meeting of the Company will be held on Tuesday, 29 June 1999 at 10.30 a.m. at 51 Joo Koon Circle, Singapore *****9 for the folfowing purposes 1. To receive and
      957 words

  • BUSINESS IT
    • 711 8  -  All the regional PC markets tracked by IDG record positive growth By) Kenneth James [SINGAPORE] PCs are anything but passe in the AsiaPacific. According to the latest figures from International Data Corp (IDC), shipments of personal computers in the Asia-Pacific
      Source: International Data Corporation  -  711 words
    • 192 8 Bloomberg [SEATTLE] Amazon.com Inc, the Internet's largest retailer, last week became the first ecommerce store to register its 10 millionth customer, as strong demand for its new auctions business bolstered its online book, music and video operations. Amazon.com said its customer base has more than
      Bloomberg  -  192 words
    • 405 8  -  Despite merger, it plans to boost global staff strength By, Jennifer Lien [SINGAPORE] Veritas Software Corp, which has just merged with Seagate Software's Network and Storage Management Group (NSMG), expects to double its Asia-Pa-cific sales this year as it expands its
      405 words
    • 632 9  -  IDC predicts more than fourfold growth next year By Toh Han Shih [SINGAPORE] Sales of electronic commerce software are set for explosive growth next year in the region, according to International Data Corporation (IDC) Asia-Pacif-ic senior Internet analyst Pete Hitchen. This will bring
      Source: International Data Corporation  -  632 words
    • 611 9  -  It has won a slew of contracts in Asia in the last few months By' Toh Han Shih [SINGAPORE] Sterling Commerce, a US provider of electronic commerce software, is doing its part in getting Asia onto e-commerce. In the last few months,
      SIEW YAW HOONG  -  611 words
    • 131 10 Bloomberg [TAIPEI) Quanta Computer Inc. the world's third-largest notebook computer maker, said it received orders for three million units next year, meeting the company's sales target seven months before the year starts. Quanta, which already had its order books filled this year, also said
      Bloomberg  -  131 words
    • 658 10  -  The reason? Antipiracy technology based on encryption By' Toh Han Shih [SINGAPORE] Digital Video Disk (DVD) is taking off in a big way, which means piracy of software and movies can be drastically reduced in future. DVD enables you to play music, movies and
      658 words
    • IT TAKES
      • 94 10 IF YOU are a woman in the IT industry or are just interested in IT, you are welcome to join the Singapore Women in Technology (SWIT) group. SWIT is organising a networking evening on June IS at the Westin Hotel. The evening's speaker is Ms Henriette
        94 words
      • 63 10 A SEMINAR on "Singapore-Israel technology and investment partnership" will be jointly organised by the Israeli Embassy, Klein-Goddard Associates, the National Science and Technology Board and the Singapore Trade Development Board at the Pan Pacific Hotel on Thursday. The seminar is free. Those interested can call Ms Lee Hick
        63 words
      • 72 10 LOCALLY-LISTED computer distributor Electronic Resources (ER) and enterprise software provider Network Associates Inc (NAI) have jointly launched a Solution Centre featuring NAl's network security and management solutions. The centre, claimed to be the first of its kind in Singapore, is housed at ER's Kallang Bahru premises and
        72 words
      • 38 10 SUN Microsystems recently launched Sun Spectrum Platinum, the company's support services for mission critical computing systems. The services will focus on failure prevention, rapid recovery and year-round technical services in addition to repair and maintenance.
        38 words
      • 52 10 NHT has launched training programmes on Microsoft Office 2000 called SWIFT Office 2000 for both corporate and individual learners. It will produce training titles on Office 2000. NOT will shortly make SWIFT Office 2000 available on its online learning facility on the Internet, called NHT
        52 words
      • 31 10 GATEWAY, a US PC maker, is offering Creative Technology's 3D Blaster RIVA TNT2 Ultra and 3D Blaster RIVA TNT2 graphics accelerators in Gateway's Performance line of PCs.
        31 words
      • 27 10 SOFTWARE Vision Consultants (SVC) has appointed Kwok Ying Man as its professional services manager. SVC specialises in IT security, IT audit and IT management services.
        27 words
      • 62 10 CYBERSOURCE, a Singapore company, has announced a partnership with three content providers to deliver Internet messages to wireless users in Asia. They are Xtremedia.com and Alam Teknokrat of Malaysia, and Buzz City of Singapore. Content from these providers will be sent as messages to pagers
        62 words
      • 110 10  -  Compiled by 1 Toh Han Shih SYMANTEC recently announced its Digital Immune System, a strategy for providing companies tools that keep systems running at peak performance. The Digital Immune System is aimed at providing tools that quickly identify potential desktop and server system problems and solve
        110 words
    • 756 12  -  amdrew wee, who was in San Francisco last week for the event, describes the happening and the hype at the launch of Office 2000, Microsoft's latest productivity suite ANDREW WEE THE lines outside Sony's new Metreon entertainment complex in downtown San Francisco spilled into
      REUTERS  -  756 words
    • 392 12 Andrew Wee [REDMOND, Washington] Microsoft's corporate reorganisation is a preparation for the "PC plus" era, said Steve Ballmer, president of Microsoft during Asia Press Day, held prior to the launch of Microsoft's Office 2000 office suite. Meeting Asian journalists at Microsoft's headquarters here,
      Andrew Wee  -  392 words
    • 334 13 [SINGAPORE] Robert Leonardi truly lives up to the title on his card, eßusiness Creator at Logica (a British IT firm). "I have been inventing ever since I could walk," he told BusinesslT recently. When he was a little boy growing up in his native Sweden,
      334 words
    • ON THE SHELF
      • 80 13 CANON Marketing Services has introduced the CanoScan FS-2710(right),a high-speed desktop film scanner. It can handle 35mm film positives, negatives and films in APS format. It uses a Xenon lamp as the light source, scans at an optical resolution 0f2,720 dots per inch (dpi), comes with
        80 words
      • 83 13 US-BASED Symantec Corp has unveiled Norton Antivirus 2.0f0r Lotus Notes/Domino, with several new features. The software comes with Bloodhound technology to detect and repair known and unknown viruses before they reach the desktop or network; Auto Protect, for continuous background protection; and Macro Virus Protection, which
        83 words
      • 79 13 NEC Singapore has launched a new range of servers running on Intel's Pentium 111 Xeon processors. The new ExpresssBoo PC-Servers range in speed from 350 MHz to 500 MHz and are targeted right from entry-level servers for small and medium enterprises (SMEs) to top-end systems
        79 words
      • 83 13 HEWLETTPACKARD Singapore has come out with three new models under its LaserJet 4050 printer series. The devices print at up to 16 pages per minute at 1,200 dpi resolution, come with Ethernet networking capabilities and can be used for kiosk-networked printing as well. The LJ 4050 printer
        83 words
      • 81 13  -  Compiled by Raju Chellam HEWLETT-PACKARD is offering a set of tools for managing the printing environment in corporate networks. The tools include HP Install Network Printer Wizard, the HP Network Printer Installer 2.0, the HP Web Jet Admin 5.5 and software tools that integrate Web Jet
        81 words
    • 549 13  -  They make electronic trading on handphones more convenient Reports by' Toh Han Shih [SINGAPORE] A Swedish inventor, Robert Leonardi, has come up with an invention that makes electronic commerce on handphones more convenient. The company he works for, Logica, is also
      549 words
    • 153 13 Reuters [SAN FRANCISCO] Intel Corp has added live concerts, online radio, digital downloads and other music content to its Web Outfitter service, a Web site designed for the owners of PCs running its new Pentium 111 processor. When Intel launched the more
      Reuters  -  153 words
    • 489 14 It unveils a new line-up of consumer desktop and notebook computers Reuters [NEW YORKJ International Business Machines Corp has unveiled a new line-up of consumer desktop and notebook computers that reflect its push to personalise purchasing and use of its PCs. In addition
      Reuters  -  489 words
    • 1079 14  -  The hot new operating system is becoming a growing threat to NT, industry players tell toh haw shih TOH HAN SHIH [SINGAPORE] LINUX, the hot new operating system (OS), is being adopted at an exceptionally rapid rate by servers around the region, industry players said.
      1,079 words
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      227 words

  • Page 9 Advertisements
    • 15 9 Sunday Classified at Clarke Quay Every Sunday, 9am spm Buy k. Sell k. Find h.
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  • Page 11 Advertisements
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  • Page 12 Advertisements
    • 94 12 00:01 Ist of January 2000 What is it going to be H A.yi \[mf< fl L Concorde AXAPTA Software for the new Implementation under i^i Flexibility in design, adaption workflows. A COLUMBUS Ba :g| M IT Partner ®T"" «f 18 a w** S& S I'M trademark ot International Business Machines
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    • 216 12 Raise your corporate IQ in less than 24 hours. Microsoft Knowledge Management Day Date 18th June 1999 For the first time in V™* "J*™ who will make the day-to-day Place The Westin Stamford Singapore, Microsoft has The Westin Plaza, Padang Room business decisions on which brought together experts Admission Is
      216 words

  • Page 13 Advertisements
    • 17 13 The Straits Times Classified Where by adverTisin g S3~ your garage Buy ft. Sdl It. Find It
      17 words
    • 151 13 25 Workstations Multiple Platforms 10 Printing Applications S||f,rint Jobs And Ont Canon User Printer Presenting the LBP-3260 The single solution to the printing needs of the entire office. |||Bag|M^ Canon's patented Net Spot™ printer management utility makes it easy for the network administrator to monitor and prioritise print jobs regardless
      151 words

  • Page 14 Advertisements
    • 172 14 Mcmsoft Introducing Microsoft Office 2000. JIJsJ jj w Imagine being abie to upload your Word documents, Excel spreadsheets and PowerPoint presentations onto your intranet or LAN server with a single click, and then sharing them with your coworkers. The new Microsoft Office 2000 lets you do that. And more. m
      172 words

  • EXECUTIVE LIFESTYLE
    • 666 15  -  SINGAPORE ARTS FESTIVAL The play, written by an ex-cabbie, vividly captures slices of real life By\ Parvathi Nayar CABBIES in real life may be taciturn or even rude. But like the hotel doorman, they have long been fictionalised in plays and film as the characters
      666 words
  • Page 15 Advertisements
    • 485 15 mi i» j i i preset nmers club Offers Personalised Cash Access To apply, call: Where to wine, dine and entertain... *(<!> internaiionaT a t over3o,ooo locations worldwide. 290 4545 Hi I available for: private parties company dinner and dance conference seminar and meeting. I HOTEL GRAND CENTRAL LIMITED 22
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    • 140 15 Coffeehouse I M 1«t (I oo r 'jBrW Km (V ;iuuwjqi "Vy OUBCam 1, Riffles Place #B 1-02 Reservations: to Mandarin fl] Sv^porr J33 Orchard Road. Singapore 2 ***** Fax: 732 2361 D*y, 2OH* Juh« 1111. Show Dod how much you low# him. Take him to the Marriott Cafe s
      140 words
  • Page 15 Miscellaneous
    • 1231 15 CRYPTIC CROSSWORD ACROSS died around (7,2) ""^1 8 Distribute in parts a great deal by the sound (5) hear burns (8) P° 1 1 1 I 1 I I I II II I 11 Young Tom gets to tackle tax- taß| jMf ih HH hH free returns (6) 12 Before
      1,231 words

  • WORLD CUP CRICKET
    • 783 16 Tight bowling by NZ in final overs denies India accelerated ran rate Reuters [NOTTINGHAM, England] New Zealand kept India's dazzling batsmen in check to reach the semifinals of the World Cup last Saturday with a five-wicket victory. New Zealand join South Africa
      Reuters; AFP  -  783 words
    • 143 16 AFP [LONDON] Alec Stewart will be axed as England captain within days and will be replaced by Nasser Hussain after his side's World Cup failure, media reports said yesterday. The Sunday Telegraph and the News of the World newspapers said Stewart, however, could be retained
      AFP  -  143 words
    • BOWLED OVER
      • 108 16 AFP (TRENT BRIDGE, England] Mohammad Axharuddin won't be too concerned If his effigy is set alight in Indian cities over the next few nights. It happened in 1966, when his team loet in the World Cup semi-finals, so why not in 1996, when they loet
        AFP  -  108 words
      • 94 16 AFP [LONDON] Zimbabwe may have been hammered by Australia and Pakistan in their last two outings but the Africans have established themselves as the happiest team in the World Cup—and who throw the best parties. Win, lose, or match abandoned—the fun is always flowing in
        AFP  -  94 words
      • 60 16 AFP [NOTTINGHAM] Roger Twose really put his head down as he prepared for New Zealand's World Cup clash against India—he sat a 3-hour university exam in his hotel room on Friday. The next day, he showed the same application with a match-winning 60 not out
        AFP  -  60 words
      • 114 16 AFP [LONDON] Opposition captains have infuriated Pakistan by what is dubbed "the white ball tactic". Australia's Steve Waugh and South Africa's Hansie Cronje both found a convenient way of thwarting Pakistan's famous "reverse swing". After 40 overs, they asked the umpires to change the ball, claiming
        AFP  -  114 words
      • 65 16 AFP [LONDON] South African paceman Allan Donald has sprung to defend young rival Shoaib Akhtar of Pakistan. Akhtar, the sensation of the World Cup after clocking 95mph deliveries, was accused of losing Pakistan their second-round match against South AfHca with his wild bowling. Donald said:
        AFP  -  65 words
  • Page 16 Advertisements
    • 1612 16 OFRASER AND NEAVE, LIMITED (Incorporated in the Republic of Singapore) —SUITS FOB THI HALF YlAlt IWPKP H MARCH IW Financial Statement Ant Dividend Announcement The Directors wish to announce the unaudited results for the half year ended 31 March 1999:miMHnwM mmmmmmmmmmm Half year to Half year to 11 M»ft 11
      1,612 words

  • COMPANIES & MARKETS
    • 538 17  -  Dahra sees Nikkei correcting to 15,000-level before resuming uptrend By Wong Wei Kong [SINGAPORE] After its dramatic turnaround since March, the Japanese stock market is expected to consolidate in the short term before resuming its uptrend later in the year, according to
      CHRIS LOH  -  538 words
    • 962 17  -  But this will mean a sharper focus on basic valuations By Louis Beckerling [SINGAPORE] The sharemarket recovery is running towards the end of its first season, and promotion-relegation playoffs are looming. Following their striking performances in the smallcap league, at
      Source: Datastream  -  962 words
    • 745 17  -  MARKET HATTERS EL must do more to boost the confidence of foreign Investors By Eddie Toh MALAYSIA has seen a net inflow of 2.8 billion Malaysian ringgit (551.26 billion) into its stock market since the introduction of the exit tax in February
      745 words
    • REGIONAL COMPANIES
      • 505 18 Only 7 small firms floated so far this year, raising just HKs42lm Reuters [HONGKONG] Several HK$l billion-plus listings are set to tap a more liquid Hongkong market in the second half of 1999 after initial offerings attracted timid interest in the first half.
        Reuters  -  505 words
      • 432 18 Construction and property sectors picking np Bernama [IPOH] Gopeng Bhd is confident of returning to the black this year after incurring a pre-tax loss of 21.25 million Malaysian ringgit (559.6 million) for calendar 1998 based on the pick up in the country's construction
        Bernama  -  432 words
      • 273 18 Shares were part payment for selling stake in Sime Bank Reuters [KUALA LUMPUR] Property, timber and civil engineering firm KUB Malaysia Bhd said it has sold the 99.3 million RHB Capital Bhd shares it had received as part payment for selling its stake
        Reuters  -  273 words
      • 582 18 Reuters [SEOUL] Asia's giant memory chip makers will likely survive the shakeout now under way and could increase their dominance in the world market, regional analysts forecast. They said three of the top makers would probably succeed in the consolidation, sparked
        Reuters; FILE PHOTO  -  582 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 571 19 Proceeds will recoup only abont a fourth of estimated USs2sb rescue of the bank Bloomberg [PARIS] Credit Lyonnais SA shares will be priced between 22.5 euros and 26.2 euros each in the initial stock offering of about 80 per cent
        Bloomberg  -  571 words
      • 76 19 [MAKUHARI] A model of the "Pokemon Jet" Boeing 747-400 of All Nippon Airways (ANA) on display at the 10th anniversary of theJiew generation world hobby fair in Makuhari, Japan's Chiba prefecture, on Saturday. The ANA Pokemon Jet will begin its domestic operations between
        AFP  -  76 words
      • 332 19 Move could create world's largest drugs group worth £110b Reuters [LONDON] British pharmaceutical group SmithKline Beecham pic is in talks with Swiss group Novartis AG in a move that could create the world's largest drugs company with a market value of over £110 billion
        Reuters  -  332 words
      • GLOBAL Briefs
        • 91 19 AFP [TOKYO] Japan's Toshiba and Canon will jointly develop screens for cut-price wall-hanging television sets and market them from 2002, a report said yesterday. Both companies' top executives have agreed on the tie-up and will announce details today, the Nihon Keizai Shimbun said. Toshiba
          AFP  -  91 words
        • 86 19 Reuters [DEARBORN, Michigan] Ford Motor Co, the world's second-largest carmaker, has announced a shake-up of its struggling European unit, moving president Jim Donaldson to a new position and replacing him with former Jaguar Cars chief Nick Scheele. The company also hired former Nissan Motor executive
          Reuters  -  86 words
        • 68 19 Bloomberg [DANBURY, Connecticut] Fidelity Investments, the biggest US mutual fund company, raised its stake in Union Carbide to 10.9 per cent of outstanding common shares from 6.1 per cent. The money manager, through its Fidelity Management Research Co unit, reported holding 13.4 million of
          Bloomberg  -  68 words
      • 262 19 Bloomberg [SANTA CLARA, California] Intel Corp, the world's largest computer-chip maker, will unveil this week three new processors for mobile PCs and will cut prices on older products as much as 41 per cent, analysts say. Intel is expected to unveil two Pentium
        Bloomberg  -  262 words
    • FINANCE & COMMODITIES
      • 442 20 Exercise involving 190 banks sees payment systems cope with Year 2000 Reuters [FRANKFURT] Banks in 19 countries around the world took a virtual step into the future on Saturday as they simulated the first day of business in 2000 to test if their
        Reuters  -  442 words
      • 244 20 It's focusing more effort on leveraged buy-out firms Bloomberg [LONDON] Merrill Lynch Co said it hired four bankers, including managing director Stephen Robertson, for its expanding European leveraged finance team. Merrill Lynch, the biggest US securities firm by capital, added Mr Robertson,
        Bloomberg  -  244 words
      • 332 20 AFP [MELBOURNE] Australia's competition watchdog will announce whether it will allow the Australian Stock Exchange's (ASX) bid for the Sydney Futures Exchange to go ahead in the next week or two. Australian Competition and Consumer Commission (ACCC) chairman Allan Fels said yesterday that
        AFP; FILE PHOTO  -  332 words
      • 41 20 (TAIPEI] Taiwan Central Bank's monetary bureau director, Wu Shaw-chii, holding up a commemorative NT$5O (552.63) banknote last Friday. It will be put into circulation tomorrow to mark the 50th anniversary of the New Taiwan dollar. REUTERS
        REUTERS  -  41 words
      • 183 20 Bloomberg [LONDON] Societe Generale and Paribas are losing salesman, analysts and executives as France's No 2 and No 4 banks fight a hostile takeover bid from Banque Nationale de Paris. Nicholas Potts, a European equity salesman at SG, SocGen's investment bank, is the latest
        Bloomberg  -  183 words
      • Article, Illustration
        1874 20 PRIME LEIIPnfO RATES BANKS ABN A/two Bank NV 5V« ABSA Bank United 6Vi Agricultural bank Of China 6 anZ Banking Group iv* MM Irish Bank PIC 5 American Express Bank 6 Arab Banking Corp 7% Arab Bank PIC 5V4 Asahi Bank Ltd tVk Ban Hin Lee Bank Bhd 6 w
        1,874 words
    • COMMODITIES & FUTURES
      • 535 21  -  Weeklyßoundup John Krey MMS International New York This report does not constitute a solicitation to invest in any currency or Simex product. [NEW YORK] As the Balkan crisis ebbs in importance for the asset markets, upcoming US economic reports will dominate market attention
        Source: Simex  -  535 words
      • 897 21 COMMODITY Weeklyßoundup AFP [LONDONJ Most metal prices, with the exception of the gold price, bounced back to life on hopes of a sustained turnaround of the Japanese economy and by extension a recovery across Asia. "There is a scent of
        AFP; Source: Bloomberg  -  897 words
    • 1694 21 MOOM FUTUHBS Jun 11 HUNCH (Www ctosJnt«s«tSJOpa) RSStCOmUCT(ScMtiA«) Oom VoImm Open Mart* U» (to—rt Iwttmt M 99 106.25 700 taff} K)«.25 300 Sap 99 TH-25 275 Oct/Dac 99 115.75 1200 Jan/Mar 00 120.50 300 Apr/Jan 00 124.00 RSS3C0ITMCT(UScaats/ka) Voism Open Month Will law Sett (tonne*) lirtamt Jul 99
      1,694 words
    • MARKET REVIEWS
      • 291 22 HONGKONG Reuters HONGKONG stocks are expected to be invigorated this week by China's interest rate cut and anticipations of continued fund flows to Asia following Japan's positive economic growth in the first quarter. "The market trend is up since overall sentiment
        Reuters  -  291 words
      • 672 22 NEW YORK They may not be much affected by an expected Fed rate rise, say analysts Bloomberg CONSUMER products makers and cyclical stocks such as Coca-Cola, Philip Morris and Inco may outperform the broader market in coming weeks amid expectations the US Federal
        Bloomberg; FILE PHOTO  -  672 words
      • 395 22 TOKYO Supplementary budget for jobs plan also seen as positive Reuters JAPANESE stocks are expected to gain further ground this week, as pessimism over the economy is damped by unexpectedly strong growth figures released last week. On Friday, the Nikkei Average closed at
        Reuters  -  395 words
      • 359 22 LONDON AFP LONDON stocks finally found some upward lift from east and west on Friday afternoon to close an unspectacular week 2 per cent higher, ignoring an interest rate cut at home to take its cue from positive data from Asia and,
        AFP  -  359 words
      • 905 22 P Svdaev *2jjJ JAPAN'S economic recovery and its effect on global sentiment is likely to be a key influence on the Australian sharemarket this week as it tries to regain the 3,000-point level, analysts said. "Global sentiment continues to turn for the better," Colonial State Bank economist
        905 words
      • 1844 22 QPira +4158 FRENCH shares ended a nervous session on Friday with broad upbeat economic prospects offset by anxieties on the extent of an expected monetary tightening in the US and the market in the shadow of US data all day. The CAC-40 blue chip index ended up
        1,844 words
    • KUALA LUMPUR STOCK MARKET
      • 443 23 AFP M Composite Index +32J6 MALAYSIAN stock prices are expected to continue their upward momentum in the coming days after rising 4.5 per cent over the week to Friday, analysts said. "It is going to be a good week," one analyst with a local
        AFP  -  443 words
      • 8812 23 INDUSTRIALS CMMHMT protects 1999 Lest Vol Day Nat Cap High Law Cliwy Ml •000 Ml# L— Pit. |a»i 380 255 Ajinomoto 358 28 13 360 330 22.7 145.1 115 46 Angkasa 91.5 7.5 593 92 78 134.9 293 220 Apollo Food Hlq 280 12 6 280 260 9.7 112.0 204
        8,812 words
    • WARRANTS & OPTIONS
      • 178 24  -  WARRANT WATCH By Ven Sreenivasan JACK Chia-MPH shares and warrants could see some heavy activity this week following news that well-known dealer Simon Cheong has bought the Chiarapurk family's 38.6 per cent stake in the listed publishing and property group for some $73 million. The
        178 words
      • 208 24 MONOKONO STOCKS Cf Gr 52-Wk Last v«i WMk LMtOiwt* Mv Otv YM MM M M%h L— Stn« Caw»»ny lg» COOP) H>» L— Bwyr Cw W >wi 365 173 5123 COU*****HK 350 *5 W 350 330 330 350 8 17 U M 6776.6 5124 C«ttwyPK20cHK_720 265 2.1 7.4 6
        208 words
      • 2827 24 Mil. LMM i WflWflllTI 32-Wk Last Vol NHk Last OuoU Avf High lw Stno CMMny SM *ar- COOOI High U» »"Y«* SaMar Prtca 983 3 S 3160 A Acar ******1 USS 81 *47.5 ***** 983 38 81 823 57.5 4.5 f 3>64 Acma ******4 53 *7.5 8940 54 43 52.5
        2,827 words
    • 5721 25 Week ended Jiui 11 C or mm m La,t V«l DM* lnt Quota W» Ot» YJJ JJJJ 5*J St— CIWPHY COOP) WHfc U» frfyc —if C«w —W U* V»7 17.5 m b 1000 Acma 50c VU cd ♦*> ***** 14* 129 142 "7 23
      5,721 words
    • 794 25 Or *r M m u n LMt VM 0* LHtOMto OUT OK YM IM Cv A«| Wt> L— »tW Cdm—*y MH fOOffl Ht» L— *»T«c »—f CV H W t— Prtc» 148 30 c 2049 «ASAu»d10c 138 *20 ***** 148 116 137 138 15 N 7 U 13 1573
      794 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        527 26 Source: JM Sassoon ttada Asia FoodiProp 180,640,000 Lian Beng 5c 151,365,000 Hotunq In* NTS 136,483,000 CM Telecom HK75C 106,620,000 Econ Intl 20c 106,108,000 Eagle Brand Hldgs HK75c 104,359,000 Poll Lian 10c 100,973.000 Uraco HWqslOc 97,246.000 Liang Huat 10c 89.458,000 Heshe HMgs25c 87,296,000 Stacks > DBS Foreign 239,363.498 OCBC Foreign 152,568.821
        Source: JM Sassoon  -  527 words
      • 623 26  -  THE WEISS AHEAD Many dealers now expect the STI to crack the 2,200-point target before the month is over By Ven Sreenivasan HAVING hit a 27-month high last week in the wake of strong first-quar-ter economic growth figures in Japan,
        623 words
      • Article, Illustration
        66 26  -  -By Wong Wei Kong URACO Holdings shares rose 4.5 cents to $0.68 last Friday on a volume of 34.2 million shares, compared with its 10-day traded average of 13.7 million units. The daily and weekly RSI, Stochastics and MACD charts indicate that the stock, now at a new
        66 words
  • Page 17 Advertisements
    • 81 17 SHARP Sharp Minds, Sharp Products. W W V. i- (1 O c; ik 7 f. f -v:2S|i^ Are you one? Sharp Roxy Sales (S) Pte Ltd AAAS Coin S<*.9n«i A Nolot»oo*i S**n> A Computer Systems AGI Te< ht»i .t« *jy Bh.iqs. •*>». R<«k)>'t £i«itrorw< s Com M.irt Tec twilociy Challenge*
      81 words

  • Page 18 Advertisements
    • 269 18 iiJanCT PTL Lit TflH {Services] [Services I Lamda Prints 4 Duratrans g°! wnflfdai "J?*™., (direct output from diskette) n i£ v r 4 Jghted Digital Injet Print (up to 600 dpi) Box (Up to 20ft) Digital Retouching of Trans. Duratrans, Duractear, Dtspiay Trans Computer Slides Presentation '03 slKle ,0 Pnnt
      269 words
    • 588 18 <^> FWiTFT i fti 1 1 1 f IJ i I ft m s gi 11M M H [ilil i \il 11} I} \tftl 'J ll 'MB Training Tomorrow's Professionals TODAY! Chartered Accounting course first time offered in Singapore! intensive, exam-oriented course Professional, experienced subject specialists Open to Diploma. Degree
      588 words

  • Page 19 Advertisements
    • 11 19 The Straits Times Classified Where ———s— Buy It. S«i Hnd It.
      11 words
    • 897 19 ASIA PACIFIC BREWERIES LIMITED (Incorporated in the Republic of Singapore) MiiJtnFOßTHiHAuvKAaiiipmii miaou#— Financial Statement And Dividend Announcement The Directors wish to announce the unaudited results for the half year ended 31 March 1999:NatfyMrt* Maßyaarto 11 ft II —r fl Chang* 1| Mm ft T1 Mg W Chang* $000 000 $'000
      897 words

  • Page 20 Advertisements
    • 36 20 TAKE A BREAK i sxsssxsst ■*>. jakakta f I 2BSS&m jgggsr j I I aasaßsSfe I j* Tour The Straits Times Classified for your ideal holiday. V CATS. 11' n SM Buy It. S«B It. Find It.
      36 words




  • Page 24 Advertisements
    • 108 24 When the going gets tough, the toughest get chosen. 1999 Enterprise 50 nominations are now open Companies can nominate themselves by completing the official nomination form. Companies must be home-grown, privately-owned and incorporated under Singapore's Companies Act (1994 Revised Edition) with four years of audited statements. Nomination forms are available
      108 words


  • Page 26 Advertisements
    • 2100 26 DBS Investor Online. You've read about it, now hear us on Newsßadio 938. Mon Fri, from 8 22am ggl )[>SBANK nnrlClll JIL NOTICES To advertise call toll-tree 1800 741 1883 Fax No: 741 1298 IN THE MATTER Of THE COMMUNES ACT, CAR 80 CHUAN LEE TRANSPORT PRIVATE UNITED (In vMunftwy
      2,100 words

  • SHIPPING TIMES
    • 261 27 Interest for handy/handymax bulkers continues with various inspections under way. Veoeis sold for farther trading Miberal Prosperity: 149,850 dwt bit 95 Kawasaki reported sold region U5525,000,000 to clients of Formosa PlaotW Aberous: 149,000 tdw bit 92 China sb Kaohsiung reported sold region U5520,000,000 to clients of r/v*rlpriri ♦Global
      261 words
    • 285 27 I— 1 I 'IIII— M S$ *t- W CWT Distribution 1.62 0.06 2326 Chuan Hup LM 0.01 369 Cosco Invastmant LIS 0.02 670 FratgMUnk* 0.32 -001 ***** GSnaMngs 0.60 0.02 196 Hal Sun Hup 0.83 041 67S IMC HoMngt-HK 5.60 uncti 0 JayaHoMn* 1.06 0.04 2746 Jurono Shipyard
      285 words
    • 440 27  -  Masters of ships face $20,000 fine and/or up to 2 years jail for sea pollution By) Marcus Hand [SINGAPORE] Singapore has signed an international pollution convention to toughen up its laws against the disposal of garbage by ships at sea. Under new international regulations
      440 words
    • 116 27 AFP [PHILADELPHIA] Fast Ship, a company planning high-speed maritime freight transport, announced on Thursday an agreement with National Steel and Shipbuilding Company to build four vessels for its transatlantic fleet. Fast Ship's high-speed vessels, capable of cruising at speeds of up to 40 knots, will
      AFP  -  116 words
    • 644 27  -  UNER SCENE By David Hughes SINCE consolidation has been the watchword of the past few years in the container trades, it is interesting to see that one prominent shipping analyst sees increasing fragmentation in the container shipping business. According to a
      644 words
    • 125 27 Reuters [DHAKA] Bangladesh's main port of Chittagong was shut yesterday as transport businesses in the country were largely paralysed by a daylong opposition strike to protest atnew Budget proposals. Deliveries from the main Chittagong port were suspended, and buses and trucks stayed off the roads.
      Reuters  -  125 words
    • 64 27 [CHONGQING] A woman watchingfrom Chongqing's new scenic promenade the comings and goings of boats on China's Yangtze River on Wednesday. When the Three Gorges Dam project is completed, a whole new era in river trade will open up for this inland port as huge
      AFP  -  64 words
    • SHIPPING NEWS
      • 376 28  -  Shipowners, not developing countries, are industry's true leaders, O'Neil told HefHirtshy David Hughes in London The general-secretary of the Liberian Shipowners' Council (LSC), Richard Deely, has issued a warning to International Maritime Organisation (IMO) generalsecretary' William O'Neil that shipowners, and not developing countries, are the
        376 words
      • 262 28 AUTHORITIES at the port of Boma, Democratic Republic of Congo, are refusing to allow the Cypriot flag dry cargo ship Stavraetos leave until a dispute between local port authorities and major US-based charter Continental Grain Corporation is settled. Last week, the manager of
        262 words
      • 141 28 THE International Maritime Organisation's Maritime Safety Committee (MSC) adopted amendments to the International Convention for the Safety of Life at Sea (Solas), 1974, to make the International Code for the Safe Carriage of Packaged Irradiated Nuclear Fuel, Plutonium and High-Level Radioactive Wastes on Board Ships
        141 words
      • PORT Shots
        • 60 28 ABS combines ISO 9000,***** ISM AMERICAN Bureau of Shipping's soon-to-be-released Safety, Quality and Environment Guide applies the common elements of the ISM Code, ISO 9000 Quality Management and ISO ***** Environmental Management standards to marine operations. Implementation of a Safety, Quality and Environment programme "can only enhance the public perception
          60 words
        • 96 28 UK-based classification society Lloyd's Register has launched its interactive system for delivering live ship survey status information via the Internet Class Direct Live. Managing director of LR's marine division Willem de Jong said: "Using Web technology, LR has integrated the best of its databases to form
          96 words
        • 103 28 THE question for shipowners is not whether operating costs will rise but rather when and how rapidly, says UK based Drewry Shipping Consultants. Its new report. "Ship Costs: Issues, Developments and Prospects to 2003", concludes that 1998-1999 looks set to mark the last stage
          103 words
        • 36 28 JAPANESE carrier 'K* Line has launched an Internet-based cargo tracking service for its liner operations, allowing customers to see the exact location and status of their containers worldwide at any time.
          36 words
        • 48 28 TWO panamax vessels have passed each other in the Panama Canal's Gaillard Cut. This is the first time the largest ships using the canal have met in this area, which is being widened as one of several current projects to increase canal capacity.
          48 words
        • 126 28 LIBERIA has cleared its 1996 International Maritime Organisation dues with a payment of U551,091,278 (551,872,000). Announcing this, Liberian Bureau of Maritime Affairs deputy commissioner Gerald Cooper said: "Liberia takes its responsibilities as one of IMO's largest contributors very seriously. Liberia pays just over 12 per
          126 words
    • 346 28 PAGE FoongSun 8 ah l 3 Frota 12 Accord 8 Frt Links M Ahrenkiel M G L** 4 Appenship 5 Gemartrans 6 ASSCO 12 Genshpg M Austral 8 Glory Na* 14 Avant 14 Goodrich Mtm S B'tang Mas 8 HaiSunHup 12 BSA 7 1 BTL 14 3
      346 words
    • 20127 35 thebusinesstimes EXPORT ETA ETA Advarttsar vassal Voyaga Talaphona ETA "ETA Advartisar Vassal Voyaga SIN Dast'n Nam* Nama Numbar Numtw SIN Oa»tn Nam* Nam* Numbar Numbar 24/06 19/07 Evargraan E. GARDEN 0290-070W 65-*****11 To ABIDJAN (ABJ) 2003 Cot* D'lvoir* m/o* m/07 mol santos challenger 54«a 65-*****06 25/06 26/07 MOL
      20,127 words
    • SHIPS IN PORT
      • 541 41 Vessel Voy No Berth Arrival Departure Sun Breeze 1 J5 alongside M.06/1500 *ortd Rover 922B J17/18 alongside M.06/0800 Batulicin 40 J11 14.06/0700 16.06/0500 Brit op 1 0999 J18 14.06/1630 14.06/2300 Bt A Prtra J *****9 J1 M.06/0800 15.06/2359 BT P») N0795 *****9 J1 14.06/1000 15.06/0100 BT Sejatl *****9
        541 words
      • 1827 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Book Inq/Bi lance Rstls Ship Voy No Etb/Btr Portod From To From ActMv* 6*1 14/IJ00 U 13/1500 U/1459 13/1900 13/1500 13/1459 13/1900 2* 13/1700 M/0459 M/0900 a 13/1700 M/0459 M/0900 1 M/0700 M/IH9 M/MOO 4 M/1200 14/1459 14/1700 An MR*s
        1,827 words
      • 180 41 Jin 14 Australia: Queen's Birthday. Jim 18 Hong Kong:Tuen Ng Day. Jon 25 Finland: Midsummer Eve Holiday. Joa 20 Indonesia: Mouloud Prophet's Birthday. Brunei: Ma ulud. Finland: Midsummer Day Holiday. In 30 Brunei: Half Year Bank Closing. Ml Canada: Canada Day. Ml 4 France: National Day. jBIIS Brunei:
        180 words
      • 795 41 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change
        795 words
      • 466 41 C«rbo«i '80 M <> 990.3 10 18.7 0.10 73 0.06 jun W Density N«ttr Residue Art AlMHitntam Sediment *> E25 0 0 W 0 0 0 380 Aw 906.4 0J 13.2 0.06 37 0.02 to, 380 Mai 992.5 0.9 192 0.09 90 0.06 U/Wi »A m/m
        466 words
    • AIR & LAND TRANSPORT NEWS
      • 484 42 But departure of the five unlikely to happen till talks with Lufthansa are firm: PAL president AFP [MANILA] The fate of five exCathay Pacific managers working as advisors to Philippine Airlines (PAL) is linked to Lufthansa AG's possible entry to manage the
        AFP  -  484 words
      • 116 42 AFX-Asia [TAIPEI] China Airlines said the average passenger load factor in the five months to May stood at 72 per cent, up 5 percentage points from a year earlier. It said in a statement the average cargo load factor from January to May was
        AFX-Asia  -  116 words
      • 131 42 AFP [SHANGHAI] The giant Shanghai Auto '99 show opening this week marks a turning point in the world's biggest potential market, with the arrival of the first wave of Chinese-made cars boasting world-class technology, analysts say. Cars lagging 10 or more years behind those
        AFP  -  131 words
      • 393 42 Reuters [WASHINGTON] Major US airlines on Thursday postponed announcing a plan for improved customer service when they failed to get final agreement from lawmakers who have proposed passenger rights legislation. United Airlines chairman Gerald Greenwald apologised at a scheduled news conference on behalf
        Reuters  -  393 words
      • 403 42 Airlines given 6 months to comply with existing roles Reuters [WASHINGTON) The Federal Aviation Administration warned on Friday it would give airlines six months to ensure reserve pilots get the rest periods they are entitled to under existing regulations. The
        Reuters  -  403 words
      • 450 42 It expects sharp drop in expected earnings for next two years NYT [NEW YORK] Lockheed Martin Corp, the nation's largest military contractor, has had a streak of bad luck in the air. Orders for its C-130J cargo plane the one seen delivering arms
        NYT  -  450 words
      • 403 42 Bloomberg [PARIS] As the world's aerospace executives flock to Paris this week for its biennial air show, the mood is cautious: A four-year boom in aircraft orders is giving way to a slump and neither Boeing Co nor Airbus Industrie can say
        Bloomberg; REUTERS  -  403 words
      • 134 42 Bridge News [ZURICH] Crossair, a subsidiary of Switzerland's SAirGroup, said on Friday it would replace most of its current 81-strong fleet with aircraft from Brazilian manufacturer Embraer. "The aircraft will set new standards in terms of environmental compatibility and minimal noise levels,"
        Bridge News  -  134 words
      • 1622 42 CITY FU6HT E7* FUGHT ETD UMMt 1*7381 1930 8*7382 2055 *JJ™ *"42 °*°5 W WO ore 2055 MBS 1830 S0176 1035 AastwlMi SO327 0745 *1838 2300 Q94I |5o ItatVri ***** 1S40 ***** 1640 MI895 2155 Hi8% 1 6■ MM >***** 2045 H***** 2045 1735 AY98 2135
        1,622 words
  • Page 27 Advertisements
    • 15 27 liiberian shipowners criticise IMO Shipowners developing countries, are industry's true leaders, O'Neil told. Page 2
      15 words
    • 117 27 Ex-CP A managers' fate in PAL linked to Lufthansa But their departure unlikely to happen till talks with Lufthansa are firm: PAL president. Back Pace Jk ,v: Toward building a better world in the 21st century, we are viewing the ocean from fresh new perspectives. "K" Line has been an
      117 words

  • Page 28 Advertisements
    • 1123 28 1 NORTH AMERICA I 1 EXPORT 1 I OTHER DESTINATIONS I Hul—Wafgg ml WCBT COAT Of CQfTBAL AMERICA JMAWQAWITA MEWVICg) ttssa "wr fnSST! msi umhkm nuas nokkm okmo mmyom moon mm wr M acamba sahwmco| cwwo rtutm* —t ooa caumma iSsiT m/m m/m 47/47 SJiT KJB "vTST ~H7*i iW~ mumo
      1,123 words
    • 710 28 services represented Members of the Membefs 0,916 Reg'Stn' a# M h af.« Singapore Freight Forwarders Accredited Shipping Agents Association vg'i'V Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMMER/FMMANIIE (MONTHLY SERVICE) MV "TBN" ETA SIN 26/06/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO
      710 words

  • Page 29 Advertisements
    • 1049 29 TO EUROPE FROM EUROPE [rasa vorlsimwHMiwsounTiai vtssa vqt r« ano har oov sou fit ia an MOSB 527W 12/0* 20/06 20/06 02/07 03/07 mCffMC 0111 20/0$ 22/05 25/0S 10/0S 12/04 mxtaai oisw u/o* 01/07 01/07 m/07n/m Ha nun 01*23/05 25/05 2»/os 21/05 u/o* HY AMMAL 320W 17/06 10/07 00/07 00/07
      1,049 words
    • 2085 29 HANJIN SHIPPING IkFl U i IfeMrtlM -Ub *****3 C HAMJtN SHIPPING (S) PTIIIB KXXMC ********** SAUV *****74 731 DOQJMHT *****71 274 OTHADOK ******251 MM UK *****55 W ******0 OHO **********0* [TO NW USA A CANADA I USA CANADA' Imvsi/voy m» si lm tuui/vor ST] m* mm Proi oi kt m
      2,085 words

  • Page 30 Advertisements
    • 1482 30 DSR-SENATOR LINES TO UK/CONTINENT TO MIfIIfiIiKRANEANCANADA «na voy sm lbi hth mw kmi wv fu ffati wy m iit in mi m m HANJM GENOA MM 11.M MO7 M.07 0107 KO7 M.07 PACIFIC SEMATO6 WHOM K M 77 M 0107 M H-07 HANJM COLOMM WNK7 ISW 0217 1317 M.07 «07
      1,482 words
    • 941 30 m. AM MAC-NELS S'PORE IVTSIA Carrier: RUN COUTH LINES, WC p.ouDANO:(or)mj7» J 6 50U:(064)*****6 MAMLA:<t32)M***** V— X J PENANQ: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31)*****0 r.KELAWa (03) 3—2677 JKT (21)*****07 MPN: (61) *****3 KUQ6NQ (062) *****1-3 KARACHI NEW PELHI/HHEVA SHEVA MV "HY FUTURE" V.021W MV CAPE CANAVERAL" V.107W ETA
      941 words
    • 696 30 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vassal IPORE N SHfv* COLOMBO PKLANG B MAS TIG* V 116* 14 JIM 22 JIM 21 JUN M JUL CAPE CANAVERAL VIB7W 21JUN 21JUN M JUL 11 JUL mSIOASV.III 21 JIM H JUL 13 JUL 11 JUL MAS TI6A V.117W 16 JUL 13 JUL 21
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  • Page 31 Advertisements
    • 1380 31 [vessel vov khh hko sin pkq pqb pxb dmm OA OM IRAN SHAHRYAR PCL-5106 09/00 11/06 18/06 16/06 26/06 26/06 27/06 20/06 01/07 IRAN BAABAEI PCL-5107 16/06 16/06 22/06 23/06 02/07 03/07 04/07 06/07 06/07 IRAN TAKHTI PCL-5106 23/06 28/06 20/06 30/06 00/07 10/07 11/07 13/07 18/07 IRAN TABATABAEI PCL-5109
      1,380 words
    • 2157 31 Mr«<t Calls K«b» (4 toys),! 5 l«l»yi (7 iiyi) Wqfi l> tuyrt SINGAPORE'S GfHERAI AGENTS: 80 ROBINSON RD TEL 226 1900 FAX: *****0* OUTWARD (l/L) ™^205M2™!oHO«Oma!^^^^™^^^^^| COSTAR SHIPPING PTEITD *12-00 SAIES/MGS «*****7/ M INWARD DEFT (D/OJ *****15 COSTAR AGENCIES (M) SDN MD a NO: 117I7W0Q00M CONVMTKttAI *****50/55 T/SHfMTDCFT *****25 TH:O2-07-35
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  • Page 32 Advertisements
    • 1370 32 BmptAMummm/rmjm/nmiA S6P RDM ANW HOG THP ZEE LHV IMW THP ROM ANW HOG P*L I S6P E DIVINE RW-005 15/06 83/07 00*7 M/ 07 06/07 07/07 04/07 E. REPUTE RE-TII 25*5 20*5 27*5 15/06 E DELIGHT RW-OM 19/04 06/07 14/07 11*7 12*7 13/07 14/17 E. ROUND RE-037 11/01 KM 04*0
      1,370 words
    • 584 32 PACIFIC INTERNATIONAL LINES (PTE) LTD A !■I 1 <0 Cecil Street, #03-00 PIL Building, Singapore *****0. I __CT_NQ_IOgM67OOOOE «H iTßfiMi a m m HTI I aagfa i «a j iff m I WMGA TBUBU 7 MS gZi__jZZ_ /y lt/7 U/ C IvKsn c— j» m hob ja mu rni «sw
      584 words
    • 512 32 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL VOT SW fUI OUR JW (FT K» mnuivßius wz mi mi Ivw mi mi mi &OLDBI DRAGON "toils" 13/07 ~n/QT 27/D7 30/07 31/87 muiouai Y.034S 23/07 31/07 01/08 87/08 01/01 11/W MAJTCU DRAGON MISS 07/01 11/08 IS/W 11/ M »f/W
      512 words

  • Page 33 Advertisements
    • 410 33 BSfl a. MR MYANMA iSHBk FIVE STAR UNE (Myoamr National Lint) w Loading lor Yaigoi (Raagoon) VESSEL VOT S* PKI PEN PGU MAWIAMHNf 84W SID SAGAIHG *0W SID MALAYSIA AGENTS: BOUSTIAD SHIPPING AGBKIIS KUL m (03)*****00 PKL IEL (03) *****01 pot m (04) mi 2402 rwt m ion *****21/4 BANK
      410 words
    • 1224 33 HMAT HYUNDA^AERCHANTMARjNECO^TD^^^^ VBsa vot sm son i» rim ant ham brv n Ivesa vonrl sou I tai |ro a»w I haw m I I Nol AGATE 013W 14/04 23/04 24/04 24/04 29/01 NOHOUTI 0131 28/ OS 29/ OS O/W 25/0J 16/86 HYADMUL 320W 17/04 OS/07 10/07 07/07 08/07 HY BACON
      1,224 words
    • 1016 33 norwegor tpeaalized outocarnen Q@©3(S TO NORTH «aSl UneS "RORO HEAVYUFT SKVKI" [VESSEL I VOY I RAW HEIGHT LAX CKi MIA SAV »Ai OCF NYC NEW MM tampere F9T3~ 4001« oil ***** 1676T 0370T~ WoT «7or lo7oT TT76T "WoT *****" W TEXAS F914 400 TM 6.3 M 13/07 09/00 11/00 21/00
      1,016 words

  • Page 34 Advertisements
    • 836 34 iAMOKOWAP TA PHUT/LANM CHARANO JAKARTA/PAN JAHO VESSEL VOY SIN BKK MTP LCH VESSEL VOV SIN JKT PJN CHANA BHUMt 74N 15/06 18/06 ACX JADE* sflS In Pt 17/ OS I ANAN BHUM 117N 15/06 19/06 18/08 VIRA BHUM 286S In Pt 18/06 17/08 SANTA BHUM" 4SON 18/06 19/06 20/06 ANRO
      836 words
    • 374 34 -mm INDONESIA NATIONAL LINE TO AUSTRALIA "I HJU.OOWIMI—WICg w hw|« a JB. JDL JB_ JIL _BL BL inmmto ha lia/wh/n n/M n/u H/F iasumi \m |)7/w iyw vm «s/r m/p n/w iiwiwhw |m Ik/nia/w u/v m/v u/v u/w Mgr—ii |»*/«?|»*/v|n/«y|M/»7|FEEDER SERVICE TO INDONESIA m VOT SHMM SMUMTA KfMMM SHUCJK w
      374 words
    • 682 34 IVBWHS VOY r» I PKL I JED I MLA L&l RTM HAM ZEE SOT VU£ BE tm*XA V32W 14*)6 15*16 24*16 2ftP6 Q4W7 MW 07/07 OBW7 XVQ7 VOLEDETAWYA T32W 22A» QIAX7 OM>7 11/07 13W7 14W7 1&07 17A07 TAURUS A32W 2MB 2VM OBW7 WW Mg 2ttP7 21/07 23*77 24/07 I WXgtrAQUARIUS
      682 words

  • Page 35 Advertisements
    • 62 35 New Advertisers/Services/ Agencies NEW SERVICE TO: Refer To Pg 6 Richfield Marine OB] Agencies (S) Pte Ltd NEW GUINEA PACIFIC UNE Our Schedules Are On Pgs H SWIRE SHIPPING AGENOES PTE LTD. JEBEL ALI PORT SAID BENGHAZI TRIPOLI TUNIS ALGIERS CASABLANCA Turn To Pg 14 (every mowwewfro Oceanus Shipping Agency
      62 words


  • Page 37 Advertisements
    • 49 37 Dial 740-6000 OfTOGITISnQ (Retrieve more schedules!) STWQ Press "1" JCV Select the port and key in the four digit code Jh# eg: To A/ew York (NYC) 2275 st£) Key in your fax number I Enter your phone number I Another Innovative service offered by document Will be Shipping Times
      49 words

  • Page 38 Advertisements
    • 141 38 ftmm KklWlllslfllliSllUlSl (FORIST PRODUCTS SOVKI) FROM: U.K./ COMTIMEIIT/ MIDDLE EAST TO: FAR EAST EUROPE SERVKE TAW MM kku TMA VBsa/YOY SM LAEM CHAIANG MANIA HONGKONG KHUMG lUMH SIM V33A 25/06 27/tt LOAMNCFOC: MfD€A VI7S 03/08 07/01 09/01 JDMH/RUSMNG/AMTWDtP BAUTSU- HSH (M) SON MB wT CAFtICOtN RBGHT SVG PORT OUNG AGENT:
      141 words
    • 177 38 SHIPPING LINE i if IMF H Vl Ilk M lIIbBU LIBYA roMHio binohazi misurata hupou UJ |VTsqi nfn I »or. MO M Ht PP FfBB MUM MM TOI W MS Ttl IMQII 5105 SfKAUST M 01/IH W/Ot H/H HtSAK ?1/M 03/07 05/87 07/07 (§/07— shmwtu sio* tarMiUM is/m i*/ot »/w
      177 words
    • 143 38 Zz ESP LINES wtuir ta amp fa suvki ■maKOWT FMItAST BBSS OOTMONtMMAS lANGIOK. HOW lOM HMHK WTTttBMI MMMY, CUOMO MURK MMLA MTWItf, FBJXSTOWI aiarni woo —nmrwMK KGUUt COWMNBISB) WPOMBUW SBVKI VBSa/VOTMI STOM I «I I I W* I ~1 miMMIfIW 17/K lUS lt/»s 17g WWII /M3M34 11/K 12/K W* igggMW
      143 words

  • Page 39 Advertisements
    • 692 39 mhSAMUDERA shipping line ltd 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR NO. 1M*****0000 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 CoHQ/jßttlca/Mel Chan/J«tlynn/Don/l»y/Hanim S££2ll3E!23s&l&£] 8 slgs/week unnn— every 4 days [VESSEL VQY M JAK [VESSEL |VOY
      692 words
    • 49 39 PHOENIX SHIPPING mvi ltd MONTHLY BREAKBULK SERVICE TO SOUTHERN AFRICA AND INOtAN OCEAN ISLANDS SPORE DURBAN AOKM SPVTCOON VI IWM 02/07 TIA TBA 2S/07 21/08 Accepting cargo for Madagascar, Reunion, Seychelles, Mauritius, Beria, Maputo subject inducement. Agents: Ben Line Agencies (S) Pte Ltd Tel: *****22 Fax: *****63 Tlx: R*****0
      49 words
    • 881 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULf, MEXICO Irw| SM JIT 1M I n>6 I cim I oor ]mil im log say |kw I iam I nou MMJS vm 17/Q7 70/07 u/m u/w 2»/o» 23/00 7//o< 01/01 w/w MmcM dtii /0451 jafli_iiflz._iiflL_iLflZ-_iLflZ-.2i/07 07/ at io/m os/w ot/w w/w n/w u/w
      881 words
    • 97 39 SHIPPING •WAREHOUSING Bctai: Singafuwv Uuding [)ul> Man to Sal (BATAMINDO I/1U) Accepting KlX"<invenlional/Pniject/Heav> Lift Carp) Reefer Comuner Bint at: Singapwv Uuding Mon. \Ved &Hn (BATAMINDO II) Auoepang HClXTonwcntiiwal/Rtiject Heavy I-ift Cargo Tat: 777 0322 Fax: 222 «330 I ttilpplii t thnkmmti Pt« ltd 7* faff) t—i hj» C—phi W-SI T>
      97 words
    • 558 39 CCCG Singapore Soviet SUppag CPt a IOOSOMOOOOM i\V WJJJ Qfcitmtim VESSEL VOY SIN BOM PNG WCL KOTA RATU RTUO47 18AM 23/06 TBA 04/07 KEOAH 131N 23/06 30/06 TBA 11/07 KOTA RUKUN RKNO4I 28/06 06/07 TBA 16/07 |VWB. ¥0Y Ml CALCUTTA «H STAR ISLAND 016 IS-16/W 22/06 31/06 KOTA PETANI RTHO33
      558 words

  • Page 40 Advertisements
    • 566 40 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 715N 13-14/06 27 28/06 I TIGER PEARL 716N 16-27/06 22 26/06 30-01/07 I TIGER SEA 717N 19-20,06 2S-29H06 M-05AJ7 I TIGER BAY 718N 23-24*06 29-0307 07-08/07 I TIGER ISLAND 719N 27 28/06 11-1207 I TIGER PEARL 720N 3001/07 06-1007 15-15/07 I
      566 words
    • 895 40 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fox: *****33 E-mail: flesio@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113
      895 words
    • 1263 40 lOOCL (Sinqopore) Pte Lid CFS Keppel Distrpk |4S (Ma Si OCK Clr #43-00 *****13 Mk Sl3 #01-128 ~.i. I <***********000H 1*272 7027 FntAmU* |l«fc *****03 F«x: 438 2966 F«: 272 7025 MM Overseas Container Line (Malaysia) Sdn Bhd (Reg No: *****2-U) Cflf IkUUMJAYA W: 03-756 7776 Fu: 03-754 6657 |P|
      1,263 words

  • Page 41 Miscellaneous
    • 132 41 105 LEGEND R Thunderstorm Temperature ®q X\ V Shower Weather Wind direction with speed m knots Rom Cloudy Sky Wove h «'9 h Surface winds ore indicated by arrows which fly with the wind \i) fu circt represents calm or Ught and vonable winds J.. One half Heche represents 5
      132 words