The Business Times, 11 August 1999

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Microfilm: NL21521
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Lock icon Masthead
    14 1 THE BUSINESS TIMES MITA (P) 04^12/98 85c SINGAPORE Internet: http://business-tlmea.asia! .com.sg/ WEDNESDAY, AUGUST 11,1999
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  • Article
    Lock icon MARKET SUMMARY
    65 1 O^HUIMS.66) MLB (-14.85) ansa pomes 372.70 (-8.30) rywuMnwDOk hi Dm STOCK HABKET INDICES Tuesday Change KLSE COUP 683.65 *1M4 NIKKEI 17,202.09 >11.64 HANG SENG 1*6*71 -34R76 SET INDEX MM -2.60 JAKARTA COUP 57U4 17.77 MANILA COMP _2JJ#,78 -2412 TAIPEI WPI 7.2W.60 +241 £9 SEOUL COMP 968.66 +19.69 CLSA
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  • Article
    Lock icon FINANCE
    78 1 F08EX KATES USI ss USS 1.669 £(US$/SI per S) 1.619 M87 EUROfUSt/SS per E) 1079 1.791 DM IJBU 0.915 YEN 114J I.4U* KM 3.860 0.439 HK4 7.763 0115 BAHT 37.78 0444 EDPIAH 7,328 0.023 'St lom units PUKE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA 40.00 BANGKOK 10.00 MANILA
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  • Article
    Lock icon Optimism yes, but don't discard the caution
    823 1  -  OOMMnrMKY OX SECOND QUAKTBR ECONOMIC PBRFORMAMCB Despite the better numbers, the breadth of Singapore's economic recovery is narrower than is apparent at first sight, argues VHRAH KHAMIA VIKRAM KHANNA THE latest data on the performance of the Singapore economy in the second quarter
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  • Article, Illustration
    Lock icon Columbarium developers test new market niche
    529 1  -  New columbarium will allow owners to reassign lease to someone else at a higher price By i Corinne Kerk [SINGAPORE] Property-con-scious Singaporeans can look forward to another form of "home" ownership if a plan to sub-lease columbarium niches, which can then be reassigned to
    529 words
  • Article, Illustration
    Lock icon MTI: Let's get 4-6% growth before deciding on CPF rates
    419 1  -  By Jennifer Lien [SINGAPORE] Restoring the cut in employers' contribution to the Central Provident Fund (CPF) will hinge on the Singapore economy hitting its medium-term growth potential of 4 to 6 per cent, the Ministry of Trade and Industry (MTI)
    419 words
  • Article
    Lock icon NetCom sale to fatten SingTel bottom line by $553m
    446 1  -  Teh Hooi Ling [SINGAPORE] In yet another move to refocus its investments in the Asia Pacific, Singapore Telecom is selling its entire stake in Norwegian mobile phone operator NetCom for a hefty profit of $553.2 million. At 2.68 billion Norwegian kroner
    446 words
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      159 1 ptstoe ■HB Grandlink upset The Grandlink group is said to be upset with mortgagee OCBC Bank for placing its Grandlink Square development under receivership, Pf COP'S mdMO ftntiM Singapore's Central Depository (Pte) Ltd can apply to the Malaysian clearing house to extend its temporary nominee status when it expires in
      159 words
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      25 1 Queen ot Met Meet Mary Meeker, the top-notch stock market guru w credited with whipping up f^^Di interest in dot.com companies around the world. I,F%ki
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      35 1 He's back f K.'iov.p V" r- f «t, *L> T^ m an Kena *.vMT! to rc.ic t-o ecc": js a sv- Pg 4 a Detailed sectoral breakdown, Pgs2,4 Manufacturers more optimistic about H2, Pg 2
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  • 2ND QUARTER ECONOMIC SURVEY
    • Article, Illustration
      Lock icon Getting stronger
      244 2 Key economic indicators, second quarter 1999 Financial/Business Manufacturing Commerce Transport/ Construction services Communications 7.6% 14.1% 5.5% 6.6% -14.7% 9 -iwr»*wr- 18 10 8 20 6 i 12 -V 5 V 1 10 3 1 6y 0\- -J- 6-\- 0 0 0 ——J- -5 5 -3 >—■/ T I
      244 words
    • Article, Illustration
      Lock icon Stock market main driver for sharp rebound
      675 2  -  FINANCIAL SERVICES Bank credit, offshore ACU market weak; upturn depends on region: Mil By. Anna Teo THE recent strong rebound in the financial services sector was narrowly focused on the stock market; other segments like bank credit and the offshore Asian currency unit
      Source: MTI; FILE PHOTO  -  675 words
    • Article, Illustration
      Lock icon Strong growth momentum in electronics to continue
      532 2  -  ELECTRONICS HI output np 18%; industry depends more on chip than US economic cycle By, Jennifer Lien SINGAPORE'S electronics industry is set to continue with its "strong growth momentum" this year, says the trade and industry ministry. In a feature article in the
      Source: EDs world semicon trade  -  532 words
    • Article, Illustration
      Lock icon Manufacturers more optimistic about H2
      575 2  -  BUSINESS EXPECTATXOXS Electronics firms most bullish, export orders seen rising By Jennifer Lien THINGS look rosier in the second half for manufacturers despite further price erosion, the latest survey of business expectations found. The second-quarter Economic Development Board survey found a weighted 28 per cent
      FILE PHOTO  -  575 words
    • SURVEY Snippets
      • Article
        Lock icon GDP up 22% from Q1's 3.6%
        38 2 REFLECTING the strong growth momentum in the quarter, gross domestic product grew almost 22 per cent in Q2 on a seasonally-adjusted, annualised quarter-on-quarter basis, up from just 3.6 per cent in Ql.
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      • Article
        Lock icon Transport/communications grow 6.6%
        51 2 THE transport and communications sector continued its steady growth, expanding 6.6 per cent in Q2- Air cargo tonnage rose 13 per cent, while the number of air passengers was up 5.9 per cent. Sea cargo tonnage grew 4.8 per cent and container throughput was up 3.3 per
        51 words
      • Article
        Lock icon Higher productivity
        49 2 PRODUCTIVITY grew 8.1 per cent in Q2, higher than the 2.5 per cent rise in the previous quarter. The manufacturing sector enjoyed the highest productivity growth of 20 per cent. The financial and business services sector's productivity increased 3.1 per cent following five consecutive quarters of decline.
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      • Article
        Lock icon Labour cost comes down
        78 2 JANUARY'S cost-cutting package and the strong improvement in productivity helped to lower unit labour cost (ULC) in Q2. The unit labour cost index for the overall economy fell 14.3 per cent after a 10 per cent decline in the previous quarter. The unit business cost (ÜBC)
        78 words
      • Article
        Lock icon Surplus in balance of payments
        62 2 AFTER recording a $400 million deficit in Ql this year, Singapore's balance of payments posted a $4.8 billion surplus in Q2. The current account balance improved on the back of a strong recovery in exports to Asia and a pick-up in the global electronics market.
        62 words
    • Article, Illustration
      Lock icon NUS academic returns to head MTI economics division
      580 4  -  Tan Kong Tarn to wear two hats, stays as head of varsity's business policy dept By. Anna Teo TAN Kong Yam is back once again at the Ministry of Trade Industry (MTI) this time as its chief economist heading the economics division,
      580 words
    • Article, Illustration
      Lock icon Commerce sector out of the rut with 5.5% growth
      338 4  -  COMMERCE Rebound in domestic, regional economies helps end four quarters of decline By. Eugene Low BOOSTED by the rebound in IM »imi nlfcr <«nd regional MHMMninnx)re s commerce sector grew 5.5 per cent year-on-year in the second quarter after four consecutive
      338 words
    • Article
      Lock icon Building slump deepens, sector shrinks 14.7%
      387 4  -  CONSTRUCTION Pick-np seen only in 2001 even if valne of contracts rises later in' 99 or early 2000 By Eugene Low REFLECTING the drop in the number of contracts awarded last year, the construction sector's slump deepened in the second quarter, and any recovery
      387 words
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      203 3 wt •'«<,<• ,>*» V>». *-*.«-■•»-!V<;.r.,- ,c V«>t •^•""t ,t "> 1 1 r< .7VVV 1 <• *>*' >. A <•';.. 'V- •?&&&&s*&&&+* »'.".'rV fev- ■>"■ I"*— e. jit it. Jkwu t M# 1• f 1 MSBnUn# K V Bjf- 8h; I-(/ "The inspirational art at Millenia Tower makes this an
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  • Page 4 Advertisements
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      289 4 HSBC Holdings pic, incorporated in England with limited liability. Registered in England: number *****7. Registered Office and Group Head Office: 10 Lower Thames Street, London EC3R 6AE, United Kingdom. Web: www.hsbc.com Headquartered in London, HSBC Holdings pic is one of the largest banking and financial services organisations in the world
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Lock icon Factory site in MacPherson for sale by tender
      218 6 SMALL firms in search of industrial space can look to a factory in the MacPherson area which has come up for sale by tender. The single-storey factory with an attached two-storey office block occupies a site area of 16,888 sq ft and
      218 words
    • Article
      Lock icon NTUC hasn't pressed govt to restore CPF cut: Boon Heng
      322 6  -  Union chief is for gradual restoration without affecting competitiveness By i Clarissa Tan THE National Trade Unions Congress has not pressed the government for an immediate restoration of last year's 10point cut in employers' CPF contribution, NTUC secre-tary-general Lim Boon
      322 words
    • Article
      Lock icon CDP can apply to extend nominee status: M'sia's SC
      354 6  -  ELSE says it will consider issue nearer expiry date in December From Eddie Toh in Kuala Lumpur SINGAPORE'S Central Depository (Pte) Ltd (CDP) the omnibus account for the 172,000 Clob investors can apply to the Malaysian clearing house to extend its
      354 words
    • Article, Illustration
      Lock icon HSBC S'pore chief to leave for London posting in January
      436 6  -  Conn&l Rankin to be replaced by Eric Gill, HSBC Indonesia CEO By i Catherine Ong CONNAL Rankin, the highprofile chief executive officer of HSBC Singapore, will be leaving Singapore in January to take up a new posting in the head
      FILE PHOTO  -  436 words
    • Article, Illustration
      Lock icon S'pore envoy rebuts Dr M's claims
      456 6  -  Clob investors were net buyers of KL stocks, he reiterates By' Ven Sreenivasan CLOB investors were substantial net buyers of Malaysian stocks and, in fact, doubled their holdings between Dec 31, 1996, and Sept 1,1998, when the Kuala Lumpur Stock Exchange Composite Index fell
      456 words
    • Article
      Lock icon Grandlink upset by OCBC action on Geylang project
      436 6  -  By, David Boey THE Grandlink Group is said to be upset with mortgagee OCBC Bank for placing its Grandlink Square development under receivership. Grandlink, which is developing the residential-cum-of-fice project in Geylang, says the bank's action has thrown the project's completion date
      436 words
    • Article
      Lock icon Why no public offer before merger of SMRT and Tibs?
      214 6  -  MAXLBAG Shi Guo Ji Singapore via Internet I REFER to the letter "Different ways to divest: MOF" (BT, Aug 6) by Lim Boon Wee, director (investment), Ministry of Finance, in response to my letter "Make public offers when govt divests"
      214 words
    • Article
      Lock icon Coping with retrenchment
      287 6  -  M H Kit Singapore via Internet Z Y Liu is to be commended for the letter "Firms disguise retrenchment" (BT, Aug 7). I have lost my job at an American chemical company where I have spent the best 20 years of my working life. As a regional
      287 words
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      183 6 ALL THE COMFORT OF HOME AM) y Palace Orchid Star Princess Gold Hollywood Geylang Cherry Joo Chiat Opera A GOOD PARTNER IN BUSINESS. k. I Conveniently located ■15 minutes driving distance from the airport I||H minutes walk from Kallang (E3) Aljunied (E4) MRT stations Air-conditioned rooms Colour TV Attached bathroom
      183 words
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      7 6 Email: btletter@sph.com.sg Strait Talk TheßikineksTimes Shipping Times
      7 words
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  • ASIA ON THE MEND
    • Article, Illustration
      Lock icon Fewer but better M'sia stockbrokerages to come
      499 7  -  Minister: We are over-brokered, 64 is a fairly big number for M'sia Reports from Diana Oon in Kuala Lumpur MALAYSIA'S capital market masterplan will result in fewer stockbroking firms but they will be larger, better-cap-italised and better-managed entities, Second Finance Minister Mustapa Mohamed
      499 words
    • Article
      Lock icon Corporate arrests: SC says it's not after any party, sector
      328 7 [KUALA LUMPUR] Securi ties Commission (SC) chairman Ali Abdul Kadir yesterday did not rule out further arrests of corporate figures for infringements of securities legislation, but stressed that previous arrests and any future ones should be seen in the context
      328 words
    • Article
      Lock icon Malaysian NPLs hit RM72b; central bank concerned
      270 7 NPLs will upset banking stability unless banks merge as planned: governor Reuters [KUALA LUMPUR] Malaysia's central Bank Negara said yesterday that non-per-forming loans (NPLs) in the economy total 72 billion Malaysian ringgit (5531.6 billion), and warned they could threaten the banking system's stability
      Reuters  -  270 words
    • Article, Illustration
      Lock icon Stocks dive on bank scandal, weak rupiah
      624 7  -  Jakarta index down 3% after testing critical 570 support level From Shoeb Kagda in Jakarta A WEAKENING rupiah and uncertainty surrounding the Bank Bali scandal caused investors to sell down Jakarta stocks heavily yesterday, driving the benchmark Jakarta Composite Index (JCI) sharply lower.
      Source: Bloomberg  -  624 words
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      22 7 A weekly guide to >„* pubs and lounges, j| every Friday in V'S The New Paper Fas tads w .m. 5 \j rast^as
      22 words
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      75 7 I Jjfj vHI Ifr A ■fT i far""" ?lßr ■■*41 A■■ PIMP HV VlllE With our Express service to UPS. ON TIME, EVERY TIME. that your packages will arrive on time, all the time. And you 'll be assured of quality service that is trusted by companies all over the
      75 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Bangkok launches US$2b economic stimulus package
      486 8  -  Measures include setting np three investment funds, import duty cuts From Harish Mehta in Bangkok THAILAND yesterday unveiled a stimulus package worth over US$2 billion (553.3 billion) to kick-start its moribund economy. This includes the establishment of three equity investment funds, slashing import duties
      486 words
    • Article
      Lock icon Foreign investment in Vietnam down 41%
      126 8 HANOI AFP, Reuters VIETNAM'S foreign investment approvals plunged 41 per cent year-on-year to US$79B million (551.33 billion) in the seven months to July, an official report said yesterday. Sixty-six existing investments applied for capital increases totalling U*****.5 million, a 33 per cent increase over
      AFP,; Reuters  -  126 words
    • Article, Illustration
      Lock icon What will Nalla do now that he's out?
      734 8  -  ASUJVTIHW Poser arises after surprise court decision to release Anwar tennis partner By Yang Razali Kassim Nalla who? Nallakaruppan Solaimalai, Anwar Ibrahim's former tennis partner who was released yesterday after a year in jail, might have been a nobody before. But now
      AFP  -  734 words
    • Article
      Lock icon Estrada backs bigger foreign stake in business
      381 8 MANILA Reuters. AFP PHILIPPINE President Joseph Estrada has called for a sweeping overhaul of the Constitution to allow foreigners a controlling stake in public utilities, to own land and to curb intervention by courts in economic policies. Mr Estrada said on Monday the
      Reuters.; AFP  -  381 words
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      39 8 A V Wv> -<7 <&L V i. r4 «»f' i k A ViM; g on r' U ir !jju nasi A t $> &V 0., s V O ~.!7* «.<S* THERE IS A WAY TD SEE THE FUTURE MORE CLEARLY
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      323 8 I THE ASIA BUSINESS FORECAST 1999 f Brought to you by Strategic Intelligence. 1 L The best connected intellectual force in Asian business. J 26 August Shangri-La Hotel, Singapore H Examine the future with the most They include: H Influential economic, political and Jflfc p ro f. p a ui
      323 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon China warplane scare hits stocks
      627 9 HONGKONG Mainland fighters mistakenly crossed dividing line twice, says Lee Teng-hui Bloomberg, Reuters, AFP HONGKONG stocks fell, led by China-related shares, after Taiwanese President Lee Teng-hui said mainland Chinese fighter jets twice mistakenly crossed the dividing line of the Taiwan Strait recently and amid reports
      Bloomberg,; Reuters,; AFP  -  627 words
    • Article
      Lock icon China cuts property taxes
      223 9 SHANGHAI Reuters CHINA has cut taxes sharply on property trading since Aug 1 to boost the market, the official China Securities newspaper said yesterday. People who bought a house, lived in it for more than one year and wanted to sell it would be exempt from
      Reuters  -  223 words
    • SINO Briefs
      • Article
        Lock icon Shenzhen residents earn most in China
        59 9 AFP [BEIJING] Residents of Shenzhen enjoy the highest average incomes in China, state media said yesterday. According to the National Bureau of Statistics, Shenzhen's monthly per capita income is the highest of China's 35 major cities, averaging 1,502 yuan (SS3O2), the China Daily said.
        AFP  -  59 words
      • Article
        Lock icon Taiwan's tallest building hopes crumble
        77 9 AFP [TAIPEI] Taiwan's hopes of constructing Asia's highest building have been dashed after aviation safety concerns forced the developer to cut the number of storeys, a report said yesterday. After weeks of negotiations with authorities, the Taipei Financial Center Corp agreed on Monday to cut
        AFP  -  77 words
      • Article
        Lock icon China '99 trade surplus seen at US$20b
        65 9 Reuters [BEIJING] China's trade surplus is expected to fall to about US$2O billion (5533.4 billion) this year, the International Trade News reported yesterday, compared with U5543.59 billion in 1998. The newspaper said exports were likely to grow 1.7 per cent year-on-year to US$lB7
        Reuters  -  65 words
      • Article
        Lock icon Shanghai's first venture capital firm
        58 9 AFP [SHANGHAI] Shanghai has unveiled its first investment firm specialising in high technology venture capital, the official Liberation Daily reported yesterday. Set up with some 800 million yuan (*****.6 million) in funding, Shanghai Chuangye Investment Co Ltd will focus primarily on small and medium-sized new
        AFP  -  58 words
    • Article
      Lock icon China's ratings outlook stable, says Moody's
      306 9 Agency cites large forex reserves and policy reform LONDON AFX-Asia, Reuters MOODY'S Investors Service said the outlook for China's sovereign ratings remains stable, reflecting primarily the insulation from external shocks provided by the large holdings of foreign exchange reserves, as well as the government's
      AFX-Asia,; Reuters  -  306 words
  • Page 9 Advertisements
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      374 9 CANON PRESENTS DOCUMENT MANAGEMENT NOW AND V|||j^ooo THE ONE EVENT YOU DARE NOT MISS! Now Products Adv.incrd The D.iwn of .1 Ni'w Ei .i 1 h«' Digital J ill in will hr »inv«-il«-tl 011 I 2 S. I Anj'iisl I V9V I lit' Wc II I l SI.III I i
      374 words
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  • ASIA
    • Article, Illustration
      Lock icon Creditors to unveil Daewoo restructuring plan
      584 10 SEOUL Reform includes sale of group's profitable brokerage and construction arms Reuters CREDITORS of South Korea's troubled Daewoo Group will unveil today a restructuring plan calling for the sale of the group's profitable brokerage and construction arms. Daewoo executives discussed the plan yesterday with
      Reuters  -  584 words
    • Article
      Lock icon Aussie business conditions best in years: poll
      393 10 MELBOURNE Economy expected to expand for Bth year with inflation tame Bloomberg AUSTRALIAN companies are enjoying the benefits of free-spending consumers, saying conditions in July remained near their strongest in at least two and a half years. National Australia Bank Ltd's index of
      Bloomberg  -  393 words
    • Article, Illustration
      Lock icon Force of anger
      50 10 [SEOUL] A protester kicking the shield of a riot policeman as some 100 people stage a protest in front of the Japanese embassy yesterday to demand compensation from Japan for Koreans forced to fight for Japan during World War 11. Japan ruled Korea during the war. AFP
      AFP  -  50 words
    • Article
      Lock icon India approves FDI of 32b rupees
      262 10 NEW DELHI Bloomberg INDIA has approved 45 foreign direct investment proposals worth 31.5 billion rupees (SII.IB billion) to encourage foreign companies. The Foreign Investment Promotion Board, a government body, on Monday al- lowed ICICI Ltd, the country's second-biggest long-term lender, to sell shares worth
      Bloomberg  -  262 words
    • Article
      Lock icon Lunch-hour share losses as expenses: exec wins appeal
      449 10  -  Aussie successfully defends A 551,756 tax-deduction claim From Surinder Singh in Sydney AN Australian executive who traded shares during his lunch hour and wrote off his resulting A 551,756 (5556,522) losses as a business expense has successfully defended the claim. A report
      449 words
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      203 10 university of I lnnnw I UNIVERSITY OF LA VERNE MINfHUUMIB B UNIVERSITY OF LA VERNE, USA UNIVERSITY OF DUBUQUE, USA I OVER 106 YEARS OF EXCELLENCE BY THE PIONEER AMERICAN MBA THE INSTITUTE OF QUALITY WITH AN ALUMNI 3rd Intake: Aug 99 21st Intake: Dec 99 I MBA MBA Executive
      203 words
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      216 10 STANDARD POOR'S ANALYSTS, Corporate/Financial Institutions Ratings Standard Poor's is the pre-eminent global credit ratings service with representation in 19 countries throughout the world, including four offices in the Asia-Pacific region. Reflecting continued growth in business activities in Asia, Standard Poor's has excellent opportunities for two analysts at the Associate Director
      216 words
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  • REGION/WORLD
    • Article
      Lock icon EU data shows upturn under way but job creation lags
      617 11 FRANKFURT Recovery fuelled by euro's fall and growing world trade as Asia improves Reuters THE euro area's economic recovery is well on track but has failed so far to create jobs on a big scale, data released yesterday showed. Exports
      Reuters  -  617 words
    • Article
      Lock icon Japan bonds seen as haven amid stormy US markets
      438 11 LONDON Reuters THE environment for global bonds looks ever shakier ahead of the US Federal Reserve meeting later this month but short-dated Japanese debt might offer a temporary shelter from the storm, analysts said yesterday. As economic fundamentals increasingly point to
      Reuters  -  438 words
    • Article
      Lock icon US state regulators hit out at day-trading firms
      368 11 WASHINGTON Reuters STATE securities regulators in the US on Monday issued a damning report on the daytrading industry and called for stronger oversight of the services that allow customers to trade stocks quickly using sophisticated software. The study by the North American
      Reuters  -  368 words
    • Article, Illustration
      Lock icon Buy a mobile phone in the air
      75 11 [LONDON] one2one managing director Tim Staples (left) and founder of the Virgin Group of Companies, Richard Branson, at a photocall here yesterday to confirm a new joint venture between the two companies. Millions of Virgin Atlantic airline passengers will be able to buy
      AFP  -  75 words
    • Article
      Lock icon US dismisses oil dumping case filed by domestic producers
      489 11 M WASHINGTON They had charged Saudi Arabia, Mexico, Venezuela, Iraq of unfair pricing Reuters THE US Commerce Department on Monday threw out a landmark oil dumping case that accused Saudi Arabia, Venezuela, Mexico and Iraq of selling crude oil at unfair
      Reuters  -  489 words
    • Article
      Lock icon Oil rallies on good demand, growth forecast
      404 11 LONDON Benchmark Brent hit peak of US$2O56 in early trade, its highest since Oct '97 Reuters OIL prices sped to new 22month highs before slipping yesterday amid good demand for physical crude and projections of faster growth in the world's thirst for oil
      Reuters  -  404 words
    • Article
      Lock icon Indian bonds likely to slip on news of Pakistani plane strike
      289 11 BOMBAY Reuters INDIAN government securities will open weak today as trading sentiment, already hit by a number of local factors, will be affected further by news that India had shot down a Pakistani reconnaissance plane, dealers said. Prices fell
      Reuters  -  289 words
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      9 11 Day trading: gambling disguised as a career, Pg 12
      9 words
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      138 11 Also fl Home Imagine being able to, quite literally, stroll down to the beach at the end of your working day. You can at Mandarin Gardens, Singapore's only full service apartments by the sea. Apartments range from one bedroom to a penthouse, are fully furnished. (You only need to bring
      138 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lock icon Globalisation debate takes a silly turn
      853 12  -  THE BOTTOM LIME OPINION By Leon Hadar The writer is BT's Washington correspondent EVERY few years, pundits in the West seem to be drawn into one of those "big debates on the future of the world" that are usually ignited by the publication of
      853 words
    • Article
      Lock icon IN OTHER WORDS
      110 12 The appearance of Putin on the political scene in Russia inspires anxiety rather than hope for the future of the country.' Andrei Cherkizov political analyst, on Vladimir Putin, the head of Russia's security service, whom President Boris Yeltsin named as the man who will succeed him next
      110 words
    • Article
      Lock icon HKmust bite wage bullet
      513 12 EDITORIAL POUR years ago, when Hongkong unemployment reached uncomfortable levels, former governor Chris Patten succumbed to public pressure by slashing the import quota for foreign labour to 5,000 from 25,000. Four years on and with unemployment almost doubled, lawmakers and unionists are again targeting foreign labour
      513 words
    • Article, Illustration
      Lock icon Day trading: gambling disguised as a career
      1283 12  -  'Get-rich-qnick' online stock trading no different from betting on horses By Bill Hendrick Bill Hendrick writes for the Atlanta Journal-Constitution NYT IN ANOTHER time and another place, Mark Barton might just have been a highstakes gambler who spent his days and money at
      NYT; FILE PHOTO  -  1,283 words
    • Article, Illustration
      Lock icon WHAT THE OTHERS SAY
      978 12 Yttate ilcns of waaknaai THE most obvious thing about Russian President Boris Yeltsin's sacking of his latest prime minister, the fourth he has fired in 18 months, is that it is a sign of weakness, not strength. Well into his final year as boss in the
      978 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Pioneer movie beefcake Mature dies
      684 13 PEOPLE LAT-WP NYT [LOS ANGELES] Victor Mature, the brawny, broad-shouldered actor who was one of Hollywood's first beefcake stars, has died. He was 86. Mature, who played numerous leads during the 1940s and '50s, including Doc Holliday in John Ford's My Darling Clementine, was a
      LAT-WP; NYT  -  684 words
  • Page 13 Advertisements
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      482 13 ¥¥7i a. l* i i presented Diners Club Offers Personalised Cash Access Where to wine, dine and entertain... *<v 9 intemationd at over 30,000 locations worldwide. 290 4545 All the fresh oysters you can eat! Help yourself at our carving station then feast over a lavish buffet dinner complete with
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      156 13 Effect after one Lauehing Buddha Martini C C Eastsidci oi si S-' S(jimnon M<ili.uiHil Suh.in l\l II s l ,m,rs ,Ml l>'i' ss i «»«lc apply Cncktails Sushi Wines gBiB (aduit) $18 j Buffet Dinner j-JBWB Venue 333 Odun) Road. Singapore 23M67 737 4411 Fa* 732 2361 S«f luhcU w«H\
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  • Page 13 Miscellaneous
    • Miscellaneous
      Lock icon Page 13 Miscellaneous Column 1
      1032 13 CRYPTIC CROSSWORD weatherman? (8) jg— j j round 19 Following second course (6) n ing the thumb (4-6) 27 It's charming when some men I I I I I 1 I I I chant in Greek (10) Qf night (1Q) YESTERDAY'S SOLUTION DOWN 11 Blemish of faulty charged par- |||m|i
      1,032 words
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  • FOCUS: MONEY MATTERS
    • Article, Illustration
      Lock icon Asia worries rival US asset price fears
      718 14  -  Euro, yen, S$ likely to end up as safe havens in any quality flight out of US$ By Larry Wee A TUG of war is developing between Asian worries and fears over US asset prices. Flight to quality considerations saw the Singapore dollar
      Source: Bridge  -  718 words
    • Article, Illustration
      Lock icon A look at the numbers
      348 14 Source: Hypovereinsbank Market changes during the previous week CURRENCY PER USS AS AT CLOSE Of CHANGE YEAR TO DATE 06/08/99 30AJ7/99 Absolut* In terms High low Ml 1J«8» 1J267 -0407 -0.S7 fMMI JPY 114.75 115.11 -0.360 -0.31 124.80 111.38 SOD 1.6685 1.6820 -0.015 -0.92 1.7386
      Source: Hypovereinsbank  -  348 words
    • Article
      Lock icon Is Japan about to change yen intervention policy?
      750 14 INFORMED sources are suggesting that Japan is on the verge of changing its policy on the value of the yen. Fears over the large unhedged holdings by Japanese investors in euro-denominated assets have been reduced by its recent recovery. In addition, the
      750 words
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      409 14 Chart of interest rates: W US Dollar Base Premium Deposit Alternate Currency Interest Rate* I Australian Dollar 18% p.a. Euro 14% p.a. P' A Japanese Yen 11% p.a. B UP TO British Pound 11% p.a. Canadian Dollar 10% p.a. I IJ If you're looking for a foreign currency deposit that
      409 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon OCBC shares whipped, but is dumping overdone?
      707 15  -  Price tumbles after interim results as investors ignore special dividend By I Siow Li Sen [SINGAPORE] OCBC Bank's shares received a whipping on the stock market yesterday, sliding 8 per cent after the release of its interim results last Friday. Both its foreign
      Compiled by BT  -  707 words
    • Article, Illustration
      Lock icon M&C's H1 pre-tax profit up 20%
      361 15  -  CORPORATE RESULTS Help from newly acquired Asian hotels' contributions By Carol Eng [SINGAPORE] City Developments unit Millennium Copthorne (M&C) yesterday reported a 20 per cent jump in pre-tax profit for the first half, fuelled by contributions from its newly-acquired Asian hotels. For the six
      FILE PHOTO  -  361 words
    • Article
      Lock icon Del Monte Pacific H1 profit surges 38%
      557 15  -  By\ Soh Tiang Keng [SINGAPORE] Del Monte Pacific Ltd (DMPL), which made a sluggish debut in the Singapore stock markef last week, has reported a 38.2 per cent surge in group net earnings to US$2l.3 million (5535.6 million) for the half-year ended June
      557 words
    • Article
      Lock icon Singamas interim up 22.6% to US$618,000
      232 15 [SINGAPORE] Singamas Container Holdings (Singamas) last night announced a 22.6 per cent increase in group net profits to US$6lB,OOO (Ssl million) for the half-year ended June 30 this year. This came on the back of a 21.6 per cent rise in group turnover to
      232 words
    • Article
      Lock icon Int'l Press Company gets listing nod
      253 15  -  Software contract manufacturer is Sesdaq-bound By' Teh Hooi Ling [SINGAPORE] International Press Company (IPC), a software contract manufacturer, has received in-principle approval from the Stock Exchange of Singapore for a listing on Sesdaq. Following its impending change in status to a public company, the
      253 words
    • Article
      Lock icon Don't bank on China ties for a red chip shine
      863 15  -  HOCK LOCK SIEWj Quak Hiang Whai IN a speech during Hongkong's stock market boom of 1997, Zhu Xiaohua, who was then chairman of the China Everbright Group, argued that red chip companies should be subject to regulations by the mainland
      863 words
    • COMPANIES
      • Article
        Lock icon Jumabhoys object as DBS Land secures vote to cut Scotts' capital
        502 16  -  Representatives of family also voice fears over injection of assets By\ Conrad Raj [SINGAPORE] Scotts Holdings' shareholders yesterday voted to reduce its capital and allow DBS Land to inject its service apartment arm into the company despite strong objections
        502 words
      • Article
        Lock icon Compaq, Microsoft join Taiwan firm in e-trade venture
        228 16 Bloomberg [TAIPEI] Compaq Computer Corp and Microsoft Corp will invest in a new Taiwan e-commerce venture, the first involvement by either company in the island's Internet service industry. Compaq, the world's leading personal computer maker, and Microsoft, the world's biggest software company,
        Bloomberg  -  228 words
      • Article
        Lock icon Earnings concern a drag on Telekom share price
        461 16  -  Front Ruth Wong in Kuala Lumpur SHARES of Malaysia's largest phone company Telekom Malaysia Bhd have come under selling pressure in recent weeks, partially on concerns of weak first-half results due to be released this week or the next, analysts said. Telekom
        461 words
      • Article, Illustration
        Lock icon No media at Cathay Pacific briefing
        296 16 Bloomberg [HONGKONG] Cathay Pacific Airways, Hongkong's only long-haul airline, said it will bar the media from a briefing on its 1999 first-half earnings. Cathay, which may return to profit this year after losing money in 1998 for the first time in 35 years, said
        Bloomberg; FILE PHOTO  -  296 words
      • Article
        Lock icon AIG to invest US$100m in Sithe Asia
        359 16 It sees recovery boosting demand for power projects Bloomberg [HONGKONG] American International Group will double its investment in Sithe Asia Holdings Ltd, betting that Asia's economic rebound will boost demand for power projects, Sithe said yesterday. AlG's Asian Infrastructure Fund II LP and
        Bloomberg  -  359 words
      • Article, Illustration
        Lock icon Insiders continue to pull brakes on transactions
        695 16  -  IHHMIHK VIEW Number of deals for week falls by more than half to 53 By 1 Wong Wei Kong (SINGAPORE] Market uncertainty caused by the volatility on Wall Street and the rift between China and Taiwan are having a dampening effect on the
        Source: Primark ITA  -  695 words
      • COMPANY Briefs
        • Article
          Lock icon Goldtron chairman's stake trimmed
          57 16 [SINGAPORE] Goldtron chairman Ong Soon Kiat's stake in the company has slipped to 9.7 per cent from 9.8 per cent, following the sale 0f400,000 Goldtron shares at 22 cents to 23.5 cents a share. The disposal was made over three days last week by "financial institutions
          57 words
        • Article
          Lock icon New members for JC-MPH audit panel
          45 16 [SINGAPORE] Jack Chia-MPH has appointed Robert Tan Kah Boh and Lim Chin Tiong members of its audit committee, effective last Friday. They join Stephen Leow Liang Chuang, the company said yesterday, adding that Mr Tan is the committee's chairman.
          45 words
        • Article
          Lock icon MCL Land buys Kedron shares
          30 16 [SINGAPORE] MCL Land has subscribed for 999,998 shares of $1 each at par in subsidiary Kedron Investments, raising the latter's paid-up capital to $1 million.
          30 words
        • Article
          Lock icon Want Want sells interest in food firm
          71 16 [SINGAPORE] Want Want Holdings yesterday sold its half-stake in a snack food company that has yet to take off for US$l.2 million (Ss2 million). The food company, Nanjing General Mills Want Want Food Inc. was# joint venture between subsidiary Dragon Want and General
          71 words
        • Article
          Lock icon Jardine Strategic on its assets per share
          52 16 AFX-Asia [HONGKONG] Jardine Strategic Holdings said its net assets per share at end-July was U554.32 before any proposed interim dividend payment for 1999. Of this amount, U553.37 is attributable to Jardine Strategics interests in directly-held businesses, other than Jardine Matheson, based on market
          AFX-Asia  -  52 words
        • Article
          Lock icon Richard Li ups stake in Pacific Century
          53 16 [SINGAPORE] Hongkong tycoon Richard Li Tzar Kai has bought 861,000 shares of Pacific Century Group (Cayman Islands) for $5.06 million, or at an average price of $5.88 per share. The acquisition raises his controlling stake in the company to 77.59 per cent from
          53 words
        • Article
          Lock icon Tongkah buys rest of Kestrel
          63 16 [KUALA LUMPUR] Tongkah Holdings has bought the quarter stake it did not own in Kestrel Securities from three individuals for 30 million Malaysian ringgit (5513.2 million) in cash. The move will turn the Muar-based brokerage into a wholly-owned subsidiary. Tongkah, which is controlled by Mokhzani
          63 words
        • Article
          Lock icon Berjaya Group cuts stake in unit
          57 16 [KUALA LUMPUR] Berjaya Group sold 66.3 million shares, or 11.73 per cent of Berjaya Capital in the open market for 124 million Malaysian ringgit (5154.4 million), or an average of RM1.87 apiece, between last December and July. Berjaya Group, controlled by Vincent Tan, now
          57 words
        • Article
          Lock icon Malayan Floor bond payment gets nod
          49 16 AFX-Asia [KUALA LUMPUR] The Securities Commission has approved Malayan Flour Mills' application to use 38.7 million Malaysian ringgit (SII7 million), originally meant for the construction of its corporate headquarters, to partially repay the RMIOO million bonds which will expire on July 31,2000. —AFX-Asia
          AFX-Asia  -  49 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Internet stocks poised to rally: Queen of the Net
        974 17  -  There will be much volatility bot stocks should end year strongly, she says By' Teh Hooi Ling [SINGAPORE] Internet stocks in the US may be languishing now, but they are poised for a rally on the back of strong fourth-quarter earnings,
        974 words
      • Article
        Lock icon Softbank's new Net move piles pressure on NTT to cut rates
        448 17 Cheap flat-rate service for unlimited Internet access in the offing Reuters [TOKYO] Moves unveiled by Softbank yesterday to offer wireless Internet access in Japan show how intensely competition is closing in on telecom giant NTT, whose high charges have
        Reuters  -  448 words
      • Article
        Lock icon MCI Worldcom users hit by problems
        267 17 NYT [NEW YORK] Hundreds of corporate users of one of MCI Worldcom Inc's big data networks were suffering problems ranging from slowdowns to outright failures on Monday. The problems began on Thursday night, the company said on Monday. MCI Worldcom is the nation's No
        NYT  -  267 words
      • COMPANY Briefs
        • Article
          Lock icon Lucent to buy INS for $3.7b in stock
          75 17 Bloomberg [MURRAY HELL, New Jersey] Lucent Technologies Inc, the world's No 1 phone equipment maker, yesterday agreed to buy computer network integrator International Network Services for about US$3.7 billion (556.2 billion) in stock to move ftirther into data networking. Lucent win swap
          Bloomberg  -  75 words
        • Article
          Lock icon TotalFina board rejects Elf counter bid
          94 17 AFP (PARIS] The board of the French-Belgian oil group TotalFina rejected a counter bid by the French group Elf Aquiiaine in a vote late on Monday, the company said yesterday. The board of TotalFina, which has bid for Elf Aquitaine, rejected the counter attack
          AFP  -  94 words
        • Article
          Lock icon LG Electronics H1 net up ninefold
          81 17 Bloomberg [SEOUL] LG Electronics Co, one of South Korea's top three electronics makers, said its first-half net profit increased ninefold, thanks mainly to a one-time gain from selling a stake in LG Semicon Co. Net profit in the six months to June 30 totalled
          Bloomberg  -  81 words
        • Article
          Lock icon Ashland makes bid for Superfos
          77 17 Bloomberg [COVINGTON, Kentucky] Ashland Inc, the largest US highway contractor, on Monday made an unsolicited offer to buy Superfos A/S for U*****.7 million (Sll.l billion), rushing to grab more of the US$lBO billion that the US will spend rebuilding its highways. Covington, Kentucky-based Ashland said
          Bloomberg  -  77 words
      • Article
        Lock icon Alusuisse, Alcan, Pechiney eye 3-way merger
        273 17 Deal, if successful, will create the world's biggest aluminium firm Reuters [ZURICH] Switzerland's Alusuisse Lonza said yesterday it was in talks with Alcan of Canada and France's Pechiney to create the world's largest aluminium company. Alusuisse said it was in advanced talks on the
        Reuters  -  273 words
      • Article
        Lock icon BP Amoco profit surges 19% in Q2
        395 17 Bloomberg [LONDON] Oil giant BP Amoco pic's profits rose a greater-than-expected 19 per cent in the second quarter after oil prices surged and cost cuts from its US$62 billion (*****.6 billion) purchase of Amoco Corp began to materialise. The London-based company's profit rose
        Bloomberg  -  395 words
      • Article
        Lock icon Deutsche Bank eyes 9 cable units
        170 17 Bloomberg [FRANKFURT] Deutsche Bank AG, the world's largest bank, said yesterday it plans to bid for all nine regional cable television network companies put up for sale by Deutsche Telekom AG, Europe's No 1 phone company. DB Investor, the unit formed last year to
        Bloomberg  -  170 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon CFTC seen approving terminals for three foreign bourses
        459 18 European and Aussie exchanges likely to offer screen-based trading to US futures brokers soon Bridge News [WASHINGTON] The Commodity Futures Trading Commission (CFTC) is close to clearing way for three foreign futures exchanges to place electronic trading terminals in the US and
        Bridge News  -  459 words
      • Article
        Lock icon AIG forms unit to trade telecom capacity
        222 18 Company enters a new area of commodities trading Bloomberg [NEW YORK] American International Group Inc has formed a unit to operate a market for trading forward contracts of telecommunications minutes and bandwidth, placing AIG in a new area of commodities trading. New York-based
        Bloomberg  -  222 words
      • Article, Illustration
        Lock icon IPO plans not affected by Cisco investment: KPMG
        393 18 Accounting firm taps Cisco for USslb to beef np global Net consulting business FT, Bloomberg [SAN FRANCISCO] KPMG said on Monday that plans for an initial public offering of its global consulting arm would not be affected by Cisco Systems' US$l.O5 billion
        FT,; Bloomberg  -  393 words
      • Article
        Lock icon PwC buys McGladrey & Pullen unit to boost servicing of funds
        303 18 PwC buys McGladrey Pullen unit to boost servicing of funds Reuters [NEW YORK] PricewaterhouseCoopers (PwC) said on Monday that it bought the investment company services unit of McGladrey Pullen LLP to strengthen its dominant market share in the lucrative sector of servicing mutual funds. The firm, one of the "Big
        Reuters  -  303 words
      • Article
        Lock icon Republic's top 3 execs to get payout of US$41.9m
        193 18 Bloomberg [NEW YORK] Republic New York Corp's top three executives will be paid as much as US$4l.9 million (Ss7o million) over five years after seUing their bank to London-based HSBC Holdings pic, according to a filing with the US Securities and
        Bloomberg  -  193 words
      • SMALL Change
        • Article
          Lock icon Lloyd's unit reports £54m surplus
          130 18 Reuters [LONDON] Equitas, the reinsurance and run-off vehicle set up by Lloyd's of London insurance market to pay off Its mountain of pre-1993 claims, reported a £54 million (Ssl46 million) surplus after tax for the year to end-March 1999 yesterday, making an accumulated total surplus
          Reuters  -  130 words
        • Article
          Lock icon Substitute for travellers' cheques
          99 18 Bloomberg [TOKYO] Citibank, a unit of financial services giant Citigroup Inc, and Visa International will in September start selling an electronic alternative to travellers' cheques through Japanese regional banks, said a Citibank official. The regional banks will issues magnetic card that customers can use to withdraw
          Bloomberg  -  99 words
        • Article
          Lock icon HSBC sets up direct link to ASX
          46 18 Bloomberg [MELBOURNE] HSBC Bank Australia Ltd said it has established a secure Internet trading servtoa, aiming to challenge market leader Commonwealth Securitioa. With the new service, HSBC becomes the second firm with direct access to the Australian Stock Exchange.
          Bloomberg  -  46 words
        • Article
          Lock icon Colonial on acquisition trail
          75 18 AFX-Asia, Bloomberg [SYDNEY] Colonial Ltd managing director Pater Smedley said the company is continuing to look for acquisitions both offshore and locally. Mr Smedley told a news conference following the release of interim rse&hs that growth in the superannuation, or pensions market, provided good reason for
          AFX-Asia,; Bloomberg  -  75 words
      • Article
        Lock icon Futures heavily sold down in early trade
        238 19  -  mux Reports MSd Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market began the week on a low note yesterday, overcast with rate hike concerns, the ongoing China-Taiwan tensions, and domestically, lack of liquidity as investors continued to remain on the sidelines.
        238 words
      • Article
        Lock icon Futures post biggest one-day gain in August
        145 19  -  BfSCI Taiwan fntnres Cecilia Loh Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday posted its biggest one-day gain this month, rising 11.3 and 11.1 points in the August and September contracts respectively. The Taiex soared 241.59 points to 7,269.60, paced by
        145 words
      • Article
        Lock icon Strong aluminium futures price fails to draw China exporters
        260 19 Bridge News [HONGKONG] The recent strong price of the London Metal Exchange aluminium futures has failed to boost export offers from China as some small-scale local producers are reluctant to export large amounts of aluminium on expectations of higher prices, while
        Bridge News  -  260 words
      • Article
        Lock icon CURRENCY REPORT
        299 19 Reuters London THE dollar was broadly soft in Europe yesterday, weighed down by fears that this week's US Treasury's quarterly refunding would be received poorly and further reduce foreign demand for US assets. Analysts said disappointing auction results would highlight that capital flows, badly needed by the US
        Reuters  -  299 words
      • Article, Illustration
        Lock icon Untitled
        1208 19 imterbamk cross katbs Augli C$ !■> Uro Ffr PwHKSlwiit HfUk Van Won SS Kart Sfr WTS lafct Hmt USf Antral* 0.981 6.17* 0.609 1997 1.192 5.073 28.386 ***** 0.751 7236 2.483 1237 ***** ***** 1091 4.038 0.976 20.9*4 24.686 0.406 0254 Cmm* 1.020 1529 0.621 4.075 1215 1172 28.*****.804 0.766
        1,208 words
      • Article
        Lock icon Untitled
        1779 19 B1C0M FUTUMBS Aug 10 RUttCR (Mm dosfeq at SJOpw) RSS1 CONTRACT (S c«tfs/ln) ClOM Votano 0pO« MolrtO Mqh LOW Sttt (tOWOS) htOTOrt S«p 99 9425 1200 Oct 99 94.50 300 Nov 99 9100 300 Doc 99 99.75 300 Jan/Mar 00 103.25 300 Apr/Jun 00 104.75 MJU? 00 109.75 RSS 3
        1,779 words
    • Article, Illustration
      Lock icon HONGKONG
      1487 20 AFP d Hang Seng -348.76 HONGKONG share prices plunged 2.7 per cent yesterday to a two-month low on continuing worries over interest rates, dealers said. "There was some panic selling because of a sharp rise in interbank rates" as fears rose that US interest rates will go up later
      AFP  -  1,487 words
    • Article, Illustration
      Lock icon CHINA
      584 20 Reuters n Shenzhen B Index -15 SHENZHEN'S hard currency B shares fell yesterday after investors took poor first-half results from Shenzhen Fangda as an omen that other blue chips would post disappointing interim earnings. The B share index fell 2.5 points, or 2.76 per cent, to 88.17 in sparse
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  584 words
    • Article
      Lock icon TAIPEI
      321 20 AFP QVP Index *3«L5» TAIWAN share prices rebounded 3.4 per cent yesterday on positive corporate results, dealers said. The Taiwan Stock Exchange Weighted Price Index surged 241.59 points to 7,269.60 on turnover of NT5113.78 billion. The index has been hammered in the past few weeks on tensions with China.
      AFP  -  321 words
    • Article
      Lock icon WORLD STOCK MARKETS
      2291 20 LONDOM I nd ujtnals 3i Group 7.86 -0.24 ABbey National 9.96 -0.13 A B Foods 4.15 0.05 A B Port J 2.95 -0.02 AstraZeneca 22.69 0.35 Alliance i Leicester 8.04 -0.07 Allied Domecq 5.67 0.02 Allied Zurich 7.10 -0.07 Anqto American Gold 43.70 unch ASOA Group 2.20
      2,291 words
    • Article
      Lock icon TOKYO
      1627 20 AFP HNMriZB tim SHARE prices in Tokyo inched up 0.1 per cent yesterday as strong machinery order figures buoyed sentiment, brokers said. The Nikkei 225 index on the Tokyo Stock Exchange rose 11.64 points to finish at 17,202.09. Share prices were pushed up after the Economic Planning Agency forecast
      AFP  -  1,627 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Lock icon Untitled
        8213 21 INDUSTRIALS ConswMf products 1999 Last Vei Day Nat Cap Mim Lew ClMpaay 'POO MH> Lew Pit $w» 440 255 Ajlnomoto 312 6 1 312 312 19.8 126.5 174 46 Angkasa 88 3 312 91.5 S4.5 129.8 404 220 Apollo Food Hlg 290 12 11 290 275 10.1 "6.0 294 115
        8,213 words
      • Article, Illustration
        Lock icon Shares rebound amid bouts of selling pressure
        411 21 AFP rl Composite Index +15.44 MALAYSIAN share prices closed 2.3 per cent higher yesterday after a volatile session with largely technical gains limited by bouts of selling pressure. A dealer with a local brokerage said gains were merely due to technical factors and
        AFP  -  411 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Lock icon Untitled
        2052 22 BONDS. LOANS ft WARRANTS wt 52-Wk Last VI Day L*t Ouata A»« High In Stno Company Sala r COOP) High Law Bwyar laHar Prlea 104 3 3160 Acar ******1USS 36.5 I 4 266 41 363 36~ 363 80 4.5 3164 Acma ******4 34 -4 203 38 34 33-5 35 38
        2,052 words
      • Article
        Lock icon CLOB INTERNATIONAL
        213 22 Homwntto stocks Or Or S2-M Laat Val Day Last Ouot* ON Mv VM N»t M Cat Htq» Law Stna «g» COOP) Hm> L— Bwyar S—f CV Pit »ni 365 173 5123 CDL(2000)HK 297.5 250 285 8 XT 2.7 10.1 5685 9 5124 Cattiay Pk 20c HK 720 265
        213 words
      • Article
        Lock icon Liang Huat wrt has upside potential
        177 22  -  WARRANT WATCH -By Ven Sreenivasan MARKET experts may agree that stocks will resume their climb once the external factors weighing down sentiment blow over, but no one can predict the turning point. However, the current weakness provides buying opportunities, particularly for the better warrants.
        177 words
      • Article
        Lock icon WELLINGTON
        284 22 AFP □Wellington -24.7 NEW Zealand share prices fell 1.1 per cent yesterday as one broker unloaded a basket of TeNZ Index Fund stocks. But for another strong performance from Telecom Corp, the NZSE-40 Capital Index would have fallen more than 24.7 points to close at 2,165.10. km%K m rooot
        AFP  -  284 words
      • Article, Illustration
        Lock icon BANGKOK
        852 22 AFP □set Into 41 THAI shares closed 0.6 per cent lower yesterday with many investors fearful of the possibility of higher US interest rates and a Chinese yuan devaluation, traders said. The Stock Exchange of Thailand Index closed the day 2.6 points down at 430.85 points. An analyst with
        AFP  -  852 words
      • Article
        Lock icon SEOUL
        376 22 AFP Q Composite Index J9 SOUTH Korean share prices closed 2.1 per cent up yesterday as foreign investors concentrated their buying on semiconductor shares, dealers said. But higher interest rates and continuing uncertainties over the Daewoo Group crisis limited trading, said Chung Sei Hyun of Hana Securities Co. Seoul's
        AFP  -  376 words
      • Article
        Lock icon SYDNEY
        646 22 AFP □ADOrtoariM -1&2 AUSTRALIAN share prices fell 0.6 per cent yesterday as institutional selling of major stocks pushed the market down ahead of an expected rise in US interest rates, brokers said. The All Ordinaries Index closed 18.2 points lower at 2,958.70. The All Industrials Index closed down 41.5
        AFP  -  646 words
      • Article, Illustration
        Lock icon JAKARTA
        672 22 AFP Composite Index -17.77 INDONESIAN share prices dived 3 per cent yesterday as the rupiah weakened and fears grew of a US interest rate hike, dealers said. They said there were also concerns about a scandal involving a controversial commission paid to Bank Bali, and rumours that Bank International
        AFP  -  672 words
      • Article
        Lock icon MANILA
        327 22 AFP P Manila -2152 PHILIPPINE share prices fell 1.1 per cent yesterday due to continuing fears of higher interest rates in the United States and an absence of good news locally, analysts said. The Philippine Stock Exchange Composite Index fell 24.52 points to close at 2,230.78. Turnover totalled two
        AFP  -  327 words
    • Article
      Lock icon STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      7105 23 Transaction date: Aiu; 10 j Or Cr M Wt 52-Wk Last Vol Day Lnt Ouota Mv D«v YM Mt Cm Avg Hl» Law »«W Cimfny HH fOOOl Law »iyr C'vr E/K Wo IMLTHNMItTlY 182 17.5 in b 1000 Acma 50c 124 -4 49 126
      7,105 words
    • Article
      Lock icon SESDAQ
      1378 23 52-Wk LMl Vol Day Laat Ouata Wv Dtv Yld Mat Cap Avf HUfc L— StHa Clint tH (*000) H» Urn ■»!> CV M <aW W» MANUFACTURING 218 JO C 2049 AS Auto tOc 172 -2 222 179 169 169 172 ION 0* 196.4 176 137 45 C 2051 ASJWdg*20c
      1,378 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Lock icon Untitled
        328 24 tteda mrnm Asia Food* Prop 15,607,000 Golden Agri USIOc 10,13,000 Hotung lov NT5 8,150,000 N0L 6,761,000 STEngqWc 6,620,000 •C«nting Int 6,175,000 GES Intl Ud 20c 5,958,000 LHTHWgslOc 5,736,000 ICTHWOC 5,420,000 •T«nChooglnt50c 5,004,000 Midi DBS Foreign 21,750,643 OCBC Foreign 16,037,600 OCBC 14,159,404 NOL 12,882,770 STEngglOc 12.576.996 NatElecKJc 11.517,707 MS 11.189,200 SPH
        328 words
      • Article, Illustration
        Lock icon Strong economic data plays second fiddle to external woes
        559 24  -  STOCK MARKET COMMENTARY STI falls 2.3% amid China-Taiwan tension and fears of bigger-than-expected Fed interest rate hike By Ven Sreenivasan STRONGER-THAN-EXPECTED economic data failed to inspire the stock market yesterday as external factors such as the tension between China and Taiwan,
        559 words
      • ON THE GRAPEWE
        • Article
          Lock icon Media-savvy academics
          43 24 ACADEMICS are getting media savvy. Recently, the Business School unit at the National University of Singapore sent out a list of its faculty for the media to call upon for expert comments on various business-related topics. Clearly, no ivory tower here.
          43 words
        • Article
          Lock icon Darling tea?
          128 24 DARJEELING, the tamed British colonial hill resort and hub of India's tea industry, should be renamed Darling, reports AFP. According to the news service, a member of Parliament from the eastern Indian town told the Statesman newspaper yesterday that Darjeellng was originally called Darling until squeamish British minnifli
          128 words
        • Article
          Lock icon Heated up ever hotting up
          185 24 TWO readers recently took us to task over certain words in our headlines. One said he cringed at our use of "hotting up", as in "Singapore debt market is hotting up". It should be "heating up", he insisted, adding; "Show me a dictionary which has
          185 words
        • Article
          Lock icon Virtually fast cars
          99 24 IF computer vendors like Dell and Gateway can deliver their wares in a week after a customer places an order, why can't car companies do the same? At least one car company will. Toyota Motor Corp said it can deliver a vehicle within five days of receiving
          99 words
      • Article, Illustration
        Lock icon HOT STOCK
        80 24  -  UIUU By Wong Wei Kong THE shares of Neptune Orient Lines closed down two cents at $1.90 yesterday on a volume of 6.76 million shares, compared with its 10-day traded average of 7.55 million units. The daily and weekly RSI, Stochastic and MACD charts show that while the
        80 words
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      139 17 jr. Jtti f;• i f V -at* Hj PP p Free airport parking for BMWs. The last thing busy people have time for is taking a car in for servicing. That's why Performance Motors offers you the convenience of leaving your BMW at our East Coast Centre on your way
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      243 18 as being there!" Swift Site II COMPACT VIDEOCONFERENCING SYSTEM 1 Hfco NEW Swift Site II from PictureTel, a world leader in videoconferencing. J Hkjo£ gjß Now in Singapore to bring you face-to-face with the world. Letting Hy you work more effectively with colleagues, distributors and clients. Sit the sleek Swift
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      69 18 EN-BLOC SALE kWW 1 FREEHOLD DEVELOPMENT Sin Land Area: 20,911 sq.ft. N DCP Plot Ratio 2.8 A NanyanoJnHSt^- Close to Serangoon Town Centre and /Cl Bus Interchange v /jf Minutes Walk to Future Serangoon MRT tfTI 1 26 AUG 1999(Thursday), 4pm For more details, call: MmSMH^i(Pil) SieowTeakHwa 9660 5225 lybris
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      119 22 Daniel Jeanßichard PRO 3UVENTUTE 1941 o //mflk ZtpVty-te lllll«Hllk lll'J "Mk-nxJ" N.illkil .llk'l ilk' Ilk klKlllk" *'I I ).lMk'l k'.llll\ k ll.tl i.l. ilk' IVIIKII k.lbU' MffiM wall h maker known a\ tin v > 111 "I il 'I I ill iM 111 lltl I *****1 l il\ Willi i
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      56 23 Multiply your wealth. ig The Equity Investment Account from Citibank. rat W Gives you credit to invest in shares and interest on your positive balance. II fIJL Ur What better way to multiply your money? Call 339 7126 to open an account today Or visit our website at www.citibank.com.sg i
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      1185 24 n down Mood indicate* likely trading sentiment today based on brokers potted at Mpm yesterday Overnight event* may otter sentiment* Brokers potted: ISO Baring*. Credit Lyonnais Securities. Daiwa, Deutsche Morgan OrenfeU. Prater. GKGoh. Kay Hian, Merrill Lynch, Somttra. Phillip. Warburg Pillion Bead Short of cash to invest 7 Triple vcjr
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      11 24 iriMan I Ogtopi it rciiiYlmiJM to til liny i€i i!r-L ,izM■>—i-
      11 words
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  • SHIPPING TIMES
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      Lock icon FREIGHT MARKET
      289 25 Bridge News Reuters TRADING started the week very slowly. Louis Dreyfus is said to be closely negotiating a Panamax gram cargo to Japan from the Pacific Northwest. TANKEB& Low rates were again surfacing for the million barrel sizes from West Africa with the level for a shipment to
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      Lock icon MARITIME STOCKS
      264 25 m a *f- t* CWT Distribution 125 -0.04 TO ChuWiHup 122 -0J04 2m Co«co tnvwtnwnt L2S a 01 SO FrtMNLM* 033 -002 IMS fin on -0.04 2S Hal Sun** 0.71 -0.03 7*9 IMC mmngi UK 5.60 unch 0 j«v« Holdings 0.97 -0.08 100 Jurong SMpyard 7.70 -0.10 17
      264 words
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      Lock icon New Java port eyes regional feeder market
      434 25  -  Merak Mas Port sees itself as focal point for cargo from southern Sumatra and western Java By\ Marcus Hand [SINGAPORE] Merak Mas Port, a new port in western Java, is out to capture a share of the regional feeder market. The port developed
      434 words
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      Lock icon NYK president dies
      175 25 [SINGAPORE] Nippon Yusen Kaisha (NYK) Line president Kentaro Kawamura died on Sunday of a liver complaint, at the age of 66. Mr Kawamura was appointed president of NYK Line in June 1995 and "his contribution will be sorely missed", the company said in a statement. "He was
      175 words
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      Lock icon P&I clubs face uncertain future
      793 25  -  STRAIT TALE By I Seafarer MOST people in the region who are involved in container shipping will know of Sam Ignarski. Until recently he was the Hong-kong-based director for multimodal insurer TT Club. Last year, he moved back to London to head up the TT
      793 words
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      Lock icon Sydney oil spill 30 times bigger than first estimated
      251 25 Bernama-Kyodo [SYDNEY] An oil spill in Sydney harbour a week ago was 30 times bigger than first estimated. a Sydney daily reported yesterday. The Sydney Morning Herald said the latest revision of the size of the Aug 3 spill calculated by
      Bernama-Kyodo; FILE PHOTO  -  251 words
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      Lock icon LR to certify Canada's ISM code
      74 25 [LONDON] Ships registered in Canada can have their ISM (International Ship Management) code compliance certified by Lloyd's Register (LR) with the authorisation of the Canadian government. LR's director of marine safety Bud Streeter welcomed the arrangement, saying: "I look forward to other opportunities to
      74 words
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      Lock icon Marpol's special areas
      71 25 [LONDON] Discharges of oil into north-west European waters from tankers of any size, and from any other ship of over 400 gross tons, are now illegal under the 1997 amendment to Marpol Annex I, which came into force in the region at the start of the month.
      71 words
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      Lock icon Haiphong wins upgrade
      594 26  -  VIETNAM: PORTS Vietnam is expanding the northern port with aid from the Japanese By P T Bangsberg in Manila VIETNAM'S main port is in the south and, over the years, was developed at the expense of gateways along the coast and near the northern capital of Hanoi.
      FILE PHOTO  -  594 words
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      Lock icon Haze blamed for deaths in Sumatra tanker collision
      332 26 AFP [JAKARTA] A shipping company and police yesterday blamed thick haze from forest and scrub fires in Indonesia's Sumatra island for a collision between an oil tanker and barge that left 10 dead. "Because of the smoke from the fires, the Siak
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      Lock icon SHIPPING SCHEDULES INDEX
      294 26 PAGE Eng Lee 13 AH I 3 ESP Lines 13 AASCO 12 Ewgrew Accord 8 '°ongS«n Ahrenkiel 14 FroU 13 AppensiMp 5 M AsiaOCL 5 GUn 4 Austral 8 U rtr 6 Avant M Genshpg 13 BtangMas 8 6l0fY JV M do HaiSunHup 12 TL M H«nql'
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      18636 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Oest'n Name Name Number Number SIN Dest'n Name Name Number Number To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cote D'lvoire 24/oe 22/09 nyk norsul ipanema own 65-2950i23 18/06 M/0» MOL
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    • SHIPS IN PORT
      • Article
        Lock icon CONVENTIONAL WHARVES
        787 39 Vessel Voy Mo Berth Arrival Departure Uarcopoto 22 Prw146 Jmm 'jB 10/06/6:10 11/08/600 St ***** J01 10/06/8:30 10/08/18:00 P\i 2508 2306 JI2 10/06/7:40 11/06/800 Spc Capncor ***** J12 10/06/8:00 W{Wtt5» DM 2 4 J04 10/06/8:15 11/06/900 Umon SI* 8 May-99 JO2 10/06/6:20 11/06/9:00 Bt Afrizal ***** J01 10/06/9:45
        787 words
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        Lock icon CONTAINER SCHEDULES
        1850 39 RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Btltnce Rstls Ship Voy No Etb/Btr Ptflod From To From Act CtMr AE903S 12/0600 U n/l5M n/1459 WBOO a 10/1500 nms* nmo a wrroo n/0459 tvow 21 10/I7M IV0659 n/o«c J V07M n/HH n/vtoo 4 n/1200 n/1459 11/1700 Ac. UtgnoM
        1,850 words
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        Lock icon GLOBAL HOLIDAYS
        195 39 Anf 12 Thailand: HM Queen's Birthday. Anf 15 Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg: Assumption Day. Anf 17 Indonesia: National Day. Anf 29 Philippines: National Heroes Day. Anf 30 United Kingdom: Summer Bank Holiday. Anf 31 Malaysia: National Day. Bapl Mexico: State of the
        195 words
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        Lock icon COCKETT BUNKER MARKET REPORT
        805 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranee* in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and
        805 words
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        Lock icon VERITAS BUNKER QUALITY REPORT
        470 39 Carton 180 Mai 990.4 8.1 175 0.10 78 0/F Ami S Dmlty Water Residue As* Aluminium Sediment No above E25 0 1 2 0 0 380 Aw 985.6 0.4 14.4 0.07 40 0.02 u 380 Max 1005.0 2.5 20.8 0.M 235 0.08 «6AT3 »m/m %M/M mi
        470 words
    • AIR & LAND TRANSPORT NEWS
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        Lock icon Garuda to resume talks with European creditors
        219 40 New business plan will be presented to creditors next week Reuters [JAKARTA] Indonesia's debtridden flag carrier Garuda Indonesia is to resume debt talks with its creditors in Europe next week, the airline's spokesman said yesterday. "The president director along with other senior officials
        Reuters  -  219 words
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        Lock icon High hopes for Manila terminal
        58 40 [MANILA] Passengers await the first flight from the new airport terminal in Manila inaugurated by Philippine President Joseph Estrada. Mr Estrada said the 5.3-billion-peso (*****.3 million) terminal will help to ease congestion at the old airport and boost tourism. The airport will now be able
        AFP  -  58 words
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        Lock icon Airbus seeks to offer jumbo A3XX in 2000
        629 40 European go vts expected to contribute 30% of jet's development costs of np to USsl2b Reuters [VANCOUVER] Airbus Industrie will seek approval from member companies this year to start offering its planned A3XX two-storey jumbo jet to customers beginning in 2000, the
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        Lock icon US airline revenues in July expected to improve
        299 40 Bridge News [NEW YORK] US airlines enjoyed a short-term break in July from a long-term problem of falling domestic revenue trends, according to an estimate by Harrell Associates, a travel industry consulting firm. Harrell predicted that the industry's trade group, the Air
        Bridge News  -  299 words
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        Lock icon AIRCRAFT ARRIVALS AND DEPARTURES
        1731 40 CITY FLIGHT ETA FLIGHT ETD S***** 1605 S***** 2350 MaMM AMZ30 W50 2355 LH6381 1850 I 5824 2355 S0230 1850 rMMa SOW 1645 S0990 0W5 >WtiriM KLM3 005 KU30 2300 OMUltlii C2351 20*5 C2352 0036 S023 0705 SO328 2325 Hanoi VH741 1310 VH742 0905 GA973 0945
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      16 25 Haiphong wins upgrade Vietnam is expanding the northern port with aid from the Japanese. Page 2
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      131 25 Airbus seeks to offer A3XX in 2000 European govts expected to pay for 30% of development costs. Back Page TERMINAL MULTIPURPOSE MERAK MAS A Public Licence Granted Ist May 1999 RpWWHBWR 1 1 ijw PORT BENEFITS Value to Shippers Consignees (who are located around Banten area): Cost Reduction Reduced Lead
      131 words
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      1235 26 I NORTH AMER!CA 1 I EXPORT I I OTHER DESTINATIONS SSX SUPEfI SHUTTLE EXPRESS DWECT TO LA I west COW Of HUTWI «M«»»CA IMAHttMWT* SERVICE) Ivor msM "1 now umskkm muas Houston okmo mora* noocoott «a |w T rsmrm mubu mnowno cowno nuumi mmmmm mumm ooooma "atsS ii 7* i»7*
      1,235 words
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      685 26 Lines services represented <. by Members ol the Registry ol ff Membersofthe ulffijj) Accredited Shipping Agents, Singapore Freight Forwarders National Shipping Assoc Association ULY UNE MALE Ivissa I voy leu flu Tra P. KLANC SPORE MAIi Empress Lily V 0499 18/08 1 9/08 28/08 Princess Lily V 0899 04/09 05/09
      685 words
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      1081 27 TO EUROPE FROM EUROPE IvESsa vot »m w hmi wv sou fXT ia~ [vessel yo»mi>i«iu«ii»ioum ibi sm NT ADRURAL 321W 12/0* 04/09 02/09 03/09 30/00 HYIARON 3201 14/07 71/07 72/07 If/07 17/01 *X CORAL 009W 13/01 29/00 31/00 03/09 04/00 HY EMPEROR 3191 77/07 74/07 77/07 71/07 14/00 HYHKHNESS 319W
      1,081 words
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      2224 27 ©HANJIN SHIPPING SikF 1 U iikEWriLo -Mb *****3 C HJUUIN SHIPPING 5) W! LTP Imjh am Wjg *****35 737 SAIfS *****74 ?3> DOCUMtr *****71 774 WMBM ********** WIM LIK *****55 FAI *****40 a Itt 11 S34f3oooo>> TO NW USA CANADA USA CANADA' FOR VSI/VOT MM SM IMHAUL/VOY StA TM DM
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      463 27 rrn am parr ym cm ugg lICg HK VCSSB. TOT SW H6 VESA VOT 80 s~§ —J* 5L- -ir- -H=- JIL tj\* 1148 U/M KTUMU SrtlKTa 02IS 11/01 IS/DO UIT(HOB6LOB6 fllS 17/ M till TUM_ 74/ M 27/M_ 27/00 TC IS!SSII£ Tm 1W W 02M IVOO 17/ M iCXULT 0700
      463 words
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      1602 28 DSR-SENATOR LINES TO UK/CONTINENT TO MKDf IKKRANEANCANADA Vtssa VOY LfH 111 Ml MM W FU WT W W IK FW M MTU PUOOMG SENATOR WMK II OS 17* 21 M Tt M JIM 31.M BN CHOYANG CHANCI WMSS It* 31* CM MM 12 M NEMCURSTAA WQS34 UN BUM MM tl
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      994 28 AM MAC-NELS S PORE M'SIA P. GUDANG: (07) *****26 I I K~/ I OR ROc **********0E SOU: (004) *****9 MAMLA: (632) *****24 J PENANG: (04) *****36 BANGKOK: (662) *****67 SURABAYA: (31) *****11 P. KELAWQ: (03) *****77 JKT (21) *****46 KUCHINQ (082) *****1-3 MADRAS VANCOUVER MV 'TIGER PEARL V.728N MV "HJ
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      509 28 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vro»l S PORE N. SHEW COLOMBO P KLANG TULSIDAS Vll2 09 AUG 17 AUG 24 AUG 29 AUG HARPON SILVER V IB2W 11 AUG 23 AUG 31 AUG H SEP CAPE CANAVERAL VIIIW 23 AUG 31 AUG *7 SEP 12 SEP TULSIDAS V.113 30 AUG
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      1473 29 I VESSEL VOY KHH HKG SIN 1 PKO 1 PQB PXB DWM IBA I BIK IRAN BAABAEI PCL-5114 04/08 06/06 10/08 11/08 20/08 21/08 22/08 24/08 26/08 IRAN TAKHTI PCL-5115 DRY DOCKING IRAN TABATABAEI PCL-5116 18/08 20/08 24/08 25/08 03/09 04/09 05/09 07/09 09/09 IRAN SATTARI PCL-5117 25/08 27/08 31/08
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      2058 29 Mrtd Calls to K«b« (6 hys)! Nifoyi (7 Pays) Toky« (S Days) I I SINGAPORE'S GENERAL AGENTS: 80 ROBINSON RD TEL 226 1 900 FAX: *****0S OUTWARD (l/l) I COSTAR SNIPPING PTE LTD #12-00 SALES/IKGS *****57/ M INWARD DIPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BND IC» WO: **********00
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      1409 30 EUWOPE/UK/SCAHPMIAVIA/FWLAMO/RUSStA SGP RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PH. S6P E DELUXE RW-011 IVU 02/09 08/09 04/09 06/09 87/09 08/09 I. ROYAL REO43 22*7 24/07 23/07 2W 27/07 IMM 11/ M E DIVINE RW 006 22*8 09,-09 15/09 11/W 13AM 14/09 15*9 E REPUTE RE
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      761 30 PACIFIC INTERNATIONAL UNES (PTE) LTD SSSSIr 111 140 Cecil Street, #03-00 PIL BukJing, Singapore *****0. I C» NO: 100hu 7 UOOCt I I\nm vgT gI m ng wmb m ib whirwl Ml I SBMBB: fifag M *j/i y S Ifl i'A- I OUM6A THAIAI 7 MS 17/1 W/» «/< U/<
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      404 30 50 TELOK BLANGAH ROM) *02-t2 OTIPORT CENTRE STORE MM2S TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL WOY. ETA ETD DESTINATION ILMAMUI 06*9 10*8*9 11M*I PONTIANAK RtMAWA 02*1 13*1*9 14*1*9 MUNTOK IRtMAWA 03*1 17*8*9 11*1*9 PKL BALAM ILMAMUI 07*9 18*8*9 18*1*9 PONTUNAK For enqiiines and
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      446 31 BSfl il mm. MYANMA wBBk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) VESSEL VOT SM PRL PEN PGU SAGAMG MW SID KING TUNG 4W SU) MALAYSIA AGENTS: BOUSTEAD SNIPPING AGCNOES KUL TH (03)*****00 PM: TH (03) 37MT01 PEN: TH (04)2****** PGU: TH (07)*****21/4 BANK LINE (A strvkt
      446 words
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      1307 31 A/MA# HYUNDAI MERCHANT MARINE CO., LTD. Vtssa VOT ISM SOU IB! HTM ANT HAM 08V HI IVBSR VOYI SOU I IB! RTM ANT HAM 08V Ffl SM HTAMBML 321W 12/08 30/08 04/04 01/01 02/04 HOI BUTT 014E 23/07 24/07 10/07 20/07 11/08 NOICOBAI 009W 13/08 03/04 04/09 29/08 31/08 HTIARON
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      904 31 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA RORO HEAVYUFT SERVICE" VISSfI VOY RAMP HEIGHT SIN LAX CRL MIA SAV Ml I OftF I NYC I NEW I MOO TARONGA AHO3 400 IMS 6JM 13/01 09/09 T«709 2T7OT 23/09 25/09 2670T 21/09 02/10 04/10 TAMO ANN 400 hm 6.3 M 25/00
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      1886 32 INDONESIA NATIONAL LINE TO AUSTRALIA I PAL COMDMNER SERVICE Iwrrl m m m m src m m IwT Mgrmwii m ii/uvm ii/m nm n/w n/w miyqrr n/wiyw nm vm »m nm »m l«S H/Mll/M Ml/W O/W M/W 11/W lAsiK*i |ns p/wa/wlts/wl |h/w|ii/w|i»/w|h/w| FEEDER SERVICE TO INDONESIA va VOT VOH SMUUTt
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      36 33 J-— JL_ Calling More Than 1500 Worldwide Destinations. Find out more on Pg 13 For Complete Schedules INDIAN OCEAN SHIPPING AGENCIES? Information Look Under HAI SUN HUP Turn To Pg 5 Pg 12 ON EVERY MON/WED/FRI
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      51 35 Dial 740-6000 Oil Q€TTI3nG —(Retrieve more schedules!) Press-1- ~Mm\ Select the port and key in S VI the four digit code —eg To New York (NYC) 2275 Key in your fax number I Enter your phone number I Another Innovative service offered by The dOCUment Will be SHIPPING TIMES s
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      150 36 (FOREST PRODUCTS SERVICE) (Semi-Con Service For Christmas Island Frevnantke Cocos Island) EUROPE SttVjg I "Abo call other west Australia porU subject to inducement I TAW SKN KRU TNU VESSEL VOI SM CXI FIL COS RUIJN STELLA V3IA SAILED 12/ M 14/08 IJLUJU LB atJ lU Llll ll tLimi r IUTUX
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      177 36 I~ SHIPPING LINE 1 if IMI H IVI fil k M IMBBIL LIBYA TOMUQ MNOHAZI MIfUKATA TMPOU UJ |yfsffl UAm wot nr>"[ SW WC PH WW MM MH TO* 181 _55 3L— uEffi sfis sfKuusr m iy/w ii/w w/w mbzak 3i/m w/w um—lls!—jVg ttIAIAIUI 51U LSTMIIUM iIM ?i> 0t 71.
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      145 36 FPU! TUHIS/ WtK SAJUW6S: P. GUOAWC/SIMGAPOtF SOUTH KHWD I ffaa I wrr I n flirt W bmusmki fiys i mtwa; 12/w twi mm mm 1125 uflißL vgM lltos 15/WtSUK) It/M v*M; I ~IQi*USWi !!4!i lt/WBCT) )7A»(TO tljg IMIIWI MOtTM tOOUD riro wr oi raw* wumi fly n/wnnu) BMUSMKI TISW IVf(HB
      145 words
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      701 37 shipping line ltd 72 Anson Road, Anson House #06-01 to 03, Spore *****1 M NO. **********0 D TEL: *****88 FAX: *****29 (OUTWARD) *****13-4 (INWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 Cella/Jessica/Mei Chan/Jeslynn/Pora/l>y/Hawi» 8 slgs/week every 4 days I VESSEL VOY SIN JAK VESSEL |VOY SM
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      892 37 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO PUS 1 M I MT I SUi OW PM CHI IQW HtL MY! Otf SAY NEW lAM HOtl HOICHDUM/PSS2 77/00 71/00 02/01 04/00 14/00 MJ9LIU9L J4/00 >1/10 >4/10 24/10 20/10 02/11 07/11 11/11 MiH am lt/M r>IM M/OtiM/Of M/ 10 Q37UL Jl/HL
      892 words
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      578 37 rff# Singapore Soviet Shipping CPL a ib i oosouooow Muttibie Shipping PI J (Wtxly Owned imtrjAtr*' dlltlVS/fXKKKK VESSEL VOY I SM I BOM PN6 Stt KOTARUKUN RKNO47 25/08 01/09 TIA 11/09 XOTARATTJ RTUOSS 29/01 OS/Of TU IS/09 KOTARUKUN 1KN049 12/09) 19/09 TU 29/09 VESSEL VOY SIN COL HAL VCA6 KOTAKTAM
      578 words
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      523 38 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 727N 14-15/06 19-24 AM 28 29AM I TIGER PEARL 728N 16-17/06 21 27/08 0102/09 I TIGER SEA 729N 21 22-08 27-01/09 06-06,09 I TIGER BAY 730N 24-25/08 29-03/09 08-09/09 I TIGER ISLAND 731N 27 28/08 01W09 10-11/09 I TIGER PEARL 732N
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      960 38 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO 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 Surabaya 62-31-*****00
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      1115 38 OOCL (Singapore) Pte lJq(lFsl(eppef^fahpi^ 65 (Ma St OCBC Clr #42-00 *****13 Bfc 513 #01-128 t C J CI NO **********0H W: 272 7827 V, U 43«3353F«i:43t29M F.,: 272 7815 XjT OnenF Overseas Container Line •■IT llMolayva Sdn Bhd (Rag Nt* *****2-UI ca g IpCTAUNG JAVA W: 03-756 7776 F«: 03-754
      1,115 words
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  • Page 39 Miscellaneous
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      129 39 ioo€ LEGEND R Thunderstorm Temperature <« c X\ Shower Weather Wmd direction with speed in knots Rom Cloudy Sky Wov< *m<h ,e "xfccoted by arrows which fly with the wind \Zs u c c '< represents calm of light ond vanable wmds 1 One haW fleche represents 5 knots I—••
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      232 40 l*l Vil •J I iWi I Auqust '99 H m Make waves in a knowledge-based economy Singapore's position as a major maritime hub has never been more important. Especially now that the Trade Development Board aims to step up its efforts towards building an efficient trade system, excellent transport and
      232 words