The Business Times, 5 February 1998

Total Pages: 38
1 38 The Business Times
  • 12 1 THE BUSINESS TIMES MITA(P) HQ/12/97 Internet: http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, FEBRUARY 5,1998 85t
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  • 822 1  -  Asset quality is sound, exposure to regional economies low /•y-om Loh Hui Yin in Hongktytig THE Hongkong Monetary Authority does not foresee any bank collapses or Hongkong banks being hurt badly by property loan defaults, despite painting a sombre outlook for the
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  • 428 1  -  Traders attribute dizzy moves to profit-taking By\ Larry Wee [SINGAPORE) Regional currencies ran helter-skelter in a very volatile Asian session yesterday, initially rallying strongly as the greenback fell sharply below the 10.000 mark against the Indonesian rupiah. and then falling back as
    Source: Bloomberg  -  428 words
  • 350 1 FT |LONDON) Union Hank of Switzerland (ÜBS) on Tuesday won overwhelming sharehold er approval for Its merger with Swiss Hank Corporation (SBC) and tried to scotch ru mours circulating about the bank for the past month. ÜBS also revealed 1.5 billion Swiss francs
    FT  -  350 words
  • 322 1  -  f*y R Sivanithy (SINGAPORE) The Thai stock market yesterday saw a sharp 9.5 per cent downward correction while most other markets in the region also ended lower after gaining strongly earlier in the week. The 53.33-point plunge in Thailand's SET Index to 505.59
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  • 490 1 World Bank admits underestimating impact of corruption Bloomberg. Reuters IJAKAKTAI Mank Indonesia CJovernor Soedradjad Djlwandono said yesterday that tho government Is considering es tabllshlnK a currency board that would |>eg the rupiah to the l)S dollar. "We're still studying the idea," Mr Soedradjad
    Bloomberg.; Reuters; FILE PHOTO  -  490 words
  • Page 1 Advertisements
    • 121 1 iUSEDE CaUpnprty Is there life left in the j property market for enbloc I developments? Pf 3 KLfinaw ill in l|i KL ftnarwo utrefts rose yesterday as rumours of bank mergers and restructurings resurfaced, m V V*v. .Jit.J '•V Wlnlilf jm w muf fli ji. No fewer than 34 new
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    • 14 1 KL finance stocks surge 8% on merger talk, Pg 13 Market reports, Pgs 18-22
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    • 128 1 an mm IS No other ATM Card takes you to the World Cup, Only OUB can Global Purchase. Global ATM. OUB Global Auto Cash. Only OUB can give you the largest global access to your account. And now when you use your OUB Global Auto Cash Card overseas, you can
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  • SINGAPORE AT HOME & ABROAD
    • 513 2  -  Results boosted by merger of CPF investment schemes; bonus rates may be reviewed this year By( Clarissa Tan PRUDENTIAL Assurance in Singapore saw its total premium revenue shoot up by 78 per cent to cross the $1 billion mark
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    • 325 2  -  By Frances Lui THERE may be a silver lining for employers amid the economic gloom Business pros pects and sentiment may be down but so. it seems, is the level of absenteeism among employees. Dhirenvara Shantilal. general manager of Business Trends, an employment
      325 words
    • 291 2  -  Amount represents a doubling of Boston Stientific's investment Iht Jenny Lam NEW YORK-listed Boston Scientific Corporation (BSC), which makes medical devices for minimally invasive procedures. aims to double its investment in the Asia Pacific region to US$l billion (SSI.7 billion) in three
      ARTHUR LEE  -  291 words
    • 531 2  -  All relate to $2m allegedly received from food conrt firm Hy I Conrad Raj THE Royal Brothers, Asok Kumar and Raj Kumar Naraindas, who found fame and fortune in property purchases like the Promenade in Orchard Road and the former Melia at
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    • 327 2  -  ETE ON THE ECONOMY Wages Audrey Tan AVERAGE monthly earnings of Singapore employees rose slightly to $2,335 in the third quarter last year, despite the start of the regional economic problems then. Compared to the 02 average. Q3 monthly earnings were up 0.6 percent,
      Source:  -  327 words
    • 686 2  -  Bat retailers say they may raise prices of imported goods l\!h Audrey Tan INFLATION is widely expected to remain subdued this year. A poll of private sector economists found that most agree with the official forecast that consumer prices will likely rise about 2.5
      Source:  -  686 words
    • NEWS Roundup
      • 90 2 THE Asian Aerospace exhibition this year will be held over six days from Feb 24 to March 1. of which the first four days are for trade visitors. Trade tickets at $40 will be sold daily at the show site at the Changi
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      • 76 2 THE Ministry of Education wants the private sector to design and produce up to 90 per cent of approved textbook material for use in schools from its current 15 per cent, and to take charge of textbook publication by 2005. History and geography books
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      • 64 2 THE Central Narcotics Bureau has arrested 157 suspects in an island-wide operation to bust narcotics abusers and traffickers. A total of 115 suspects tested positive for the abuse of controlled drugs, while drugs seized included 20 sachets and 49 straws of heroin weighing 162 grammes,
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  • Page 2 Advertisements
    • 158 2 FACT-IBM SEMINAR Coping with the "Regional Economic Crunch" using Real-Time Accounting Software (Specially for SMEs) Fact Software International and IBM Singapore Pte Ltd are pleased to invite SMEs to a special seminar on February 11, 1998 at IBM Towers, 2:00 to S:OOPM. The focus will be on how SMEs can
      158 words
    • 20 2 Something old for your new home? See Sunday Gallery a Sunday Classified special on antiques, collectors' Items, and arts crafts
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    • 27 2 0 MIKIMOTO The Originator of Cultured Pearls Since 1893 V C. T. HOO 4 .'/F Singapore #01 22 y Tanglin Shopping TTa Centre, Singapore *****9 Tel: *****47.*****43
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  • FOCUS: PROPERTY
    • 1151 3 Property transactions for districts 09 and 10 (sectors 22 to 23 and 24 to 27) lodged between Nov 17, '97 and Jan 31, '98. PROJECT NAME/ PROP CONTRACT TENURE BUILT IN/ PRICE PSF STREET NAME TYPE OATE LANO AREA' (SOFT) (SS'OOO) (SS) District 09 Non-Landed 2B Cplx Apt
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    • 697 3  -  Some developers have decided to lease out existing properties rather than develop them for now IV, Diana Oon [SINGAPORE) INSTEAD of being redeveloped, some private enbluc properties sold in the last two years, notably those in the Balmoral Stevens Road Hukit Tintah belt, are
      FILE PHOTO  -  697 words
    • 726 3  -  Land values seen falling with developers sidelined By. Jenny Lam (SINGAPORE] After enjoying a good three-year run from 1995 to 1997, the residential collective property sale market has come to a virtual standstill. No new collective sale tender was launched over the
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  • Page 3 Advertisements
    • 130 3 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands llong Kong Bahamas Western Samoa l ull nominee, management, corporate secretarial and professional administration services are available We specialise in offshore trusts, offshore hanks, and captive insurance companies for
      130 words
    • 244 3 MRfl FAIRS THINKING ABOUT A GRADUATE I DEGREE IN MANAGEMENT? 1998 MBA Fairs Loarn more about opportunities to eain an MBA and other graduate 9 m S a I degrees in the field of management by attending the mba Fairs m Asia Participating Universities Directors of Admission from Little School
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  • MARKETS IN TURMOIL
    • 482 4 Analysts don't think plan will solve region's problems Reuters. AFP [TOKYO] Japan may have to struggle to win support from its Group of Seven (G7) partners for the idea of asking the World Bank and Asian Development Bank (ADB) to guarantee
      Reuters.; AFP  -  482 words
    • 214 4 Reuters (BANGKOK] The Thai army said yesterday it had collected 126 kg of gold in donations from the public in a campaign to help the government overcome Thailand's economic crisis. The army now planned to extend until Friday its nineday "Donate Gold
      Reuters  -  214 words
    • 73 4 [BANGKOK] Sirivat Voravetvuthikun selling sandwiches at a stand at the "formerly rich "market in Bangkok. Mr Sirivat once was the darling of Thailand's rapacious stock investors, a millionaire market analyst and fund manager who enjoyed celebrity status. He now sells sandwiches on the streets of
      REUTERS  -  73 words
    • 233 4 AFP [MANILA) Philippine commercial banks yesterday agreed to cut prime lending rates after an angry central bank governor threatened to punish them for snubbing his appeals for lower interest rates. Bankers' Association of the Philippines (BAP) president Deogracias Vistan said his group
      AFP  -  233 words
    • 435 4  -  Major petrochemical firm is latest to join list of defaulters From Harish Mehta in Bangkok THAILAND'S bond market has been bloodied by a string of defaults this year. A major Thai chemicals player. Thai Petrochemical Industry (TPI) defaulted on its interest payments
      435 words
    • 490 4 Seoul also to allow hostile takeovers by foreigners from this month Reuters, AFP [SEOUL] South Korean state radio yesterday said Seoul and the International Monetary Fund agreed on revised mac-ro-economic targets which would lower the country's gross domestic product
      Reuters,; AFP  -  490 words
    • 423 4 Howard accuses US of exploiting crisis to grab markets AFP (SYDNEY) Australia has agreed to underwrite exports threatened by economic turmoil in Indonesia amid charges that the United States has been exploiting the crisis to grab traditional Australian markets. A cabinet decision was announced
      AFP  -  423 words
    • 325 4 AFX-Asia. Reuters [NEW YORKI China may further devalue the yuan in 1998 and this would plunge Asian and world markets into another round of crisis. IDEA analysts said. Speaking at an IDEA conference on Tuesday, analyst Josh Stiles said a yuan
      AFX-Asia.; Reuters  -  325 words
    • 296 4 AFP [BANGKOK] The Bank of Thailand (BOT) has targeted two more commercial banks as it prepares to begin the second round of its clean-up of the troubled sector, a report said yesterday. The central bank is expected to announce rehabilitation
      AFP  -  296 words
  • Page 4 Advertisements

  • REGION
    • 583 5 KUALA LUMPUR GDP growth will stay below 8% next year; merger talks between local banks taking far too long, he says Reuters. Bloomberg MALAYSIAN Deputy Prime Minister Anwar Ibrahim said yesterday that he expected the 1998 annual budget to be largely balanced,
      Reuters.; Bloomberg; REUTERS  -  583 words
    • 359 5 KUALA LUMPUR Reuters MOHAMAD Al Fayed, owner of Harrods. may invest about £5 million (5513.8 million) in Malaysia "to start with", the Kgyptian born tycoon said yesterday. Mr Al Kayad was taking questions at a joint press conference with Prime Minister Mahathir Mohamad
      Reuters  -  359 words
    • 179 5 JAKARTA AFP MAJOR Indonesian food retailers and wholesalers have agreed to a government request for a freeze on prices until next week, a major distributor said in remarks published yesterday. Prices will be maintained at an artificially low level until next Wednesday, when tens of
      AFP  -  179 words
    • 290 5 BEIJING Move to stimulate residential boosing market: minister AFP IN AN effort to boost flagging economic growth. China will allocate 100 billion yuan (5520.2 billion) this year for housing loans to stimulate the residential housing market, the Construction Minister said yesterday. The loans
      AFP  -  290 words
    • 824 5  -  CEEDVA VIEW But PM-to-beZhn Rongji gets chance to pick his team Lu Ning AN OLD Chinese saying goes: "Whenever you have the reign of a new son of the heaven (emperor), there will be a new court of ministers." The saying has proved enduring even
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    • 248 5 JAKARTA Reuters, AFX-Asia. AFP INDONESIA would continue to boost exports. Industry and Trade Minister Tunky Ariwibowo said yesterday after releasing figures showing a trade surplus of US$l.42 billion (552.4 billion) in November 1997. "The depreciation of our currency has had a positive impact on
      Reuters,; AFX-Asia.; AFP  -  248 words
    • 263 5 ■JAKARTA AFP PRESIDENT Suharto says he is sticking to the letter of the Indonesian constitution by refusing to name a running mate in the March presidential polls until parliamentary factions unveil their candidates for the vice-presidency. The Jakarta Post yesterday quoted a
      AFP  -  263 words
    • 564 7  -  TAIPEI PM Siew's exercise, meant to infuse new blood, hardly brings in any fresh faces By\ Bruce Cheesman A MOVE by Taiwan's Premier Vincent Siew to axe several key reformers in a major cabinet reshuffle yesterday has been harshly criticised by the opposition and
      564 words
    • 477 7 TOKYO Move follows WTO ruling that Tokyo is not helping Fuji to block market access Bloomberg THE US will establish an agency to monitor Japan's market for photographic paper and film to ensure equal access for foreign companies, including Eastman Kodak Co. US
      Bloomberg  -  477 words
    • 269 7 TOKYO Reuters JAPANESE Finance Minister Hikaru Matsunaga told parliament yesterday the government could not rely on expected higher tax revenues in future years to finance budgetary spending for fiscal year 1998/99. "As far as the government is concerned, we cannot use expectations that
      Reuters  -  269 words
    • 62 7 |T< )K Y( I'eople looking at an electric information Ixxird as they wait for the recovery of a railway system yesterday. A high t.rh railway computer in the Ja/Minese capital broke down for four and a half hours, and more than 2(H) train services were cancelled
      AFP  -  62 words
    • 305 7 WELLINGTON Bloomberg NKW Zealand's government will continue to run budget surpluses and repay debt, providing the economy with a buffer against shocks such as Asia's financial crisis, it said in its budget policy statement yesterday. Hut the government does not plan
      Bloomberg  -  305 words
  • Page 5 Advertisements
    • 141 5 WE'RE WELCOMING CHINESE NEW YEAR WITH THIS MOST AUSPICIOUS NUMBER. The Ritz-Carlton® Kuala Lumpur As part of our Chinese New Year celebrations. The Ritz-Carlton, Kuala Lumpur the city's first luxury boutique hotel invites you to stay at the very special rate of RM23B+ or 5595.20+ per night.* The next time
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  • FOCUS
    • 1313 6  -  Institutional weakness within the system rather than bad debts is the real bugbear of the industry By Lu Ning (SINGAPORE) CENTRAL bankers are not generally noted for their candor. So it was something of a surprise when Dai Xianglong, the governor of the People's Bank of
      FILE PHOTO; Source: IMF,Standard Chartered Bank; Source:  -  1,313 words
  • Page 6 Advertisements
    • 22 6 TODAY M_ianhe Zaobao sn tti+W£'> amt&a (petcuoviu BANVAH E l— SB% BIHtAH CHANNEL HOLIDAYS 27Q *****;;:; a n^ a ta7 s 3|
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    • 377 6 SENIOR ACCOUNT MANAGER We are a German Company, operating in Ask) tor more than 10 years World's number 4 Marker Research Agency, world leaders In Durables retail audit, our dient portfolio Incudes the world's major players of Durables industry Strongly estabftshed In the region, we stretch from Thailand to Taiwan.
      377 words
    • 125 6 Ciputra Development International Finance B.V. US$lOO,OOO,OOO Guaranteed Floating Rate Notes Due 2000 In accordance with the provisions of the Notes, notice is hereby given that for the six-month period from 27 January 1998 to 27 July 1998, the Notes will carry a rate of interest of 7.925 per cent per
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  • Page 7 Advertisements
    • 208 7 tff v/,MI i, 'MM JHT V iHHI T"Siiarri iISh fflj&yiy* ™n >w.-« *p§* JJr j-1 /.«J -jf*-"€ ;;;.>} Rf w sri??B ■■M l IHilii i>:«'^J hmb ZIZ V n V 2J= JJS 2H M»f :I ZZS2 SS ,>t? .n: r Span" ;&£s•-•-» .->. i.■••>, W '-••.•U. I'^B^BB. J, M i»i■
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  • REGION/WORLD
    • 631 8  -  WASHINGTON Arab allies don't want to be seen as stooges of US interest in latest Saddam offensive Hft Leon Hadar THE US government is coming up against a wall of resistance from former Gulf War Arab allies reluctant to
      REUTERS  -  631 words
    • 236 8 MOSCOW AFP US PRESIDENT Bill Clinton s actions over Iraq could trigger a world war. Russian President Boris Yeltsin warned yesterday. stressing the need for further diplomatic efforts. "Clinton's actions could lead to a world war. He is acting too brazenly
      AFP  -  236 words
    • 316 8 HONGKONG Bloomberg CHINA Telecom (Hong Kong) Ltd is negotiating to buy one of the country's largest mobilephone networks, a big step in Beijing's plan to sell stateowned businesses. China Telecom, a publicly traded arm of China's telecommunications ministry, said it
      Bloomberg  -  316 words
    • 263 8 BEIJING AFP CHINESE Premier Li Peng has launched a scathing attack against the United States accusing it of wanting to rule the world and meddling in the internal affairs of other countries. it was reported yesterday. The aggressive tone adopted by
      AFP  -  263 words
    • 59 8 PARIS| French auctioneer Jacques Tajan on Tuesday leading the sale in I'aris of a violin made try the famous (Yemona craftsman Antonius Stradiuarius dating hoik to 1711 The violin was auitioned off for ft H million francs (SSI.S million) a retard for Fraruv. Another Stradivarius dating
      AFP  -  59 words
    • 206 8 KIJAI.A I.UMI'UK Reuters MALAYSIAN Prime Minister Mahathir Mohamad said yes terday that threatened US sanctions over an Iran gas deal would be acceptable if they were imposed on all three firms involved in the investment. "If they (United States)
      Reuters  -  206 words
    • 472 8  -  SINGAPORE They call for its abolition once the Asian crisis is over iiifi Quah Choon Poh FORMFR US Secretary of State George Schultz and for mer Secretary of the Treasury William Simon have criticised the International Monetary Fund as "Ineffective, unnecessary and obsolete" and
      472 words
    • 245 8 .JAKARTA AFP INDONESIA'S much-ma-ligned aircraft manufacturer IPTN has never been a budget liability for the country and will never be closed down. Research and Technology' Minister Bacharudin .Jusuf Habibie vowed in a report received here yesterday. "IPTN has never bankrupt ed
      AFP  -  245 words
    • 168 8 BEIJING AFP CHINA reaped a US$4.6 billion (SS7.B billion) surplus with the European Union (EU) over 1997 as its exports to the region soared 20.1 per cent, the General Administration of Customs said yesterday. In 1997. China's exports to the EU reached US$23.B billion.
      AFP  -  168 words
    • 458 8  -  LONDON Sellers borrowing metal for delivery at 20% pa for a month "a Nell Behrmann SILVER prices soared 47 US cents (79 Singapore cents) to a nine year high of 70S US cents an ounce in Ixmdon yesterday on news that
      FILE PHOTO  -  458 words

  • EDITORIAL & OPINION
    • 792 9  -  THE BOTTOMLZME OPINION By David Mason The writer was a partner in an international accounting firm in Singapore for 14 years. He is now a business consultant. He contributed this article to BT THE TURMOIL in the Asian financial markets in recent months has
      792 words
    • 94 9 Human rights officials will continue to pat me on the back while rapping me on the head.' Han Sen Cambodian leader on United Nations criticism of his human rights record. 'Sometimes people tell you that they cannot pay you. And then you see that they have a
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    • 674 9 EDITORIAL AS the financial crisis swept across the region last year, it was not long before the doomsayers began proclaiming the end of the Association of South-east Asian Nations (Asean). The economies that were once lauded as powerhouses were shown up. one by one. starting with
      674 words
    • 1016 9  -  A long political and legal battle over the Monica Lewinsky sex scandal could hurt the US presidency By Leon Hadar The writer is BT's Washington correspondent "IT'll go away. It'll pass," predicted William Ginsburg, the attorney defending Monica Lewinsky, when asked to predict the fate of the
      FILE PHOTO  -  1,016 words
    • 149 9  -  MAILBOX Theresa Lee Marketing communications Network For Electronic Transfers (Singapore) Ite Ltd Singapore WE REFER to Mr Michael Yang's letter headlined "Need penalties for (Jiro be so high?" (BT, Jan 27) and his comments on the move towards electronic payment. As one of
      149 words
    • 617 9 Lowlnsky, policy advlsorf 1 SURK hope* he had sex with her. Hecause the alternative explanation offered by Monica Lewinsky's lawyer is far more disturbing. Asked why the president of the United States would spend so much time talking to an intern. William Ginsburg suggested that thr
      617 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous

  • EXECUTIVE LIFESTYLE
    • 1519 10  -  Distributors will be launching no fewer than 24 fresh looks this year, reports Christopher tam CHRISTOPHER TAN Economic turmoil or no. the Year of the Tiger will have its fair share of new car launches. A quick check with distributors reveal that no fewer than
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  • Page 11 Advertisements
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      216 words
    • 248 11 Market Square J RESTAURANT FOOOCOUtT WINE CELLAR Stpapw'sfirst Theme Restaurant Foodcourt European countryside f ambience I w,sft ing one I 1 I an d all I Your table is reserved while I 4p r 1 you explore our wide variety f Lunar r of Asian Western favourites j Selamat Hari
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    • 275 11 Catch what's ntwt it Iw't win it it Inlay ClatsifM tfcb mbli J cX,k Savour tantalising set-dishes from BBQ Rihs. Mushroom lasagna, seafood piatter, Italian Genoa-baguette to Nvonva laksa, seafood hor-fun, chicken prawn clavpot and fried vegetarian platter and complimented with soup, salad and more at the Cafe Victoria from
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    • 207 11 A n«vY«< r CdtirttitM AT MANDARIN SINGAPORE Savour traditional Chinese New Year favourites with us as we usher in the Year of the Tiger this Lunar New Year season Call S3l 6202 for more details. L j 1)J Orchard IkuJ. Singapore Jiifcfe7 Tel *****11 A— 3 etalS LO HEI THE
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  • Page 11 Miscellaneous
    • 612 11 TV&RADIO 12 The Offer (Last Hp). 8.30 Festival Filem ICI Dulux: 8.30 New Adventures Of Rob- Layar 12 Azam. Cv!! ~i ov^Vr ns in Hood. 10.30 Granny Nonnon And I r*2? I; 1 j tz 9-30 Ally Mcßeal. (Japanese Drama with Kidz Blitz Dexter s 10.30 News 5 Tonight. KngSubts).
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    • 202 11 CRYPTIC CROSSWORD ACROSS 12 D I E ——I —E 1 Had ambitions, when pride I I Fellow in the bay (4) JH___ JH_ 9 Annoy by encroaching, as per- son on Toot does? (5.2,4,4) 10 Assemble for service 21 Some clwa|i seals in far end of complete YESTERDAYS SOLUTION rLftM)M
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  • A LEAGUE OF THEIR OWN
    • 2045 12  -  Li Lien Fung, mother of 3 successful children, including entrepreneur Ho Kwon Ping, shows her mettle to jaixe ee JAIME EE THEY say that behind every successful man is a woman. If that were true, then Ho Kwon Ping, head of the Wah Chang
      CHRIS LOH  -  2,045 words
  • Page 12 Advertisements
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  • COMPANIES & MARKETS
    • 626 13  -  Rashid Hnssain, Arab Malaysian, MBf groups lead gains as rumours resurface By' Ven Sreenivasan [SINGAPORE] Kuala Lumpurlisted finance stocks surged yesterday as rumours of bank mergers and restructurings resurfaced. The rumours were lent weight later when Malaysian Deputy Prime Minister Anwar
      626 words
    • 563 13  -  SPH chairman confident of approval of merger of Foreign, Local tranches By i Carol Eng [SINGAPORE] Singapore Press Holdings has maintained its advertising revenue so Ear in the current financial year and further write-offs from investments in multimedia and telecommunications are highly unlikely this
      563 words
    • 901 13  -  HOCK LOCK SIEW Shiv Taneja NEXT Monday, Feb 9, will be a critical day for shareholders of publishing giant Singapore Press Hold ings. Holders of its Local and Foreign tranche shares will vote in separate meetings and at a joint EGM
      901 words
    • 353 13  -  H'l Annette Pau |KIN(iAPOKK| I AM yesterday asked tin* stock exchange to lift its trading suspension after the exchange told (he company to account lor tin- pro tracted suspension, which t«*»k ••IT« ct on Jan 2H. In response to the SKS
      353 words
    • 236 13 |SINC»APORK| Listed Singapore has clinched the project management contract to redevelop Malayan Banking Bhd's (Maybank) headquarters at Battery Road. Making the announcement yesterday, Maybank said Sing Land is an experienced real estate developer and it had given project management and/or development advisory services to Standard
      236 words
    • REGIONAL COMPANIES
      • 412 14 Two new names added to list of firms facing trading curbs; more names expected Reuters {KUALA LUMPURJ The number of Malaysian brokers hit with trading curbs grew longer yesterday with SimeSecurities Sdn Bhd added to the list, and analysts expect more to come.
        Reuters  -  412 words
      • 442 14  -  From Meera Tharmaratnam ui Kuala Lumpur RENONG Bhd's bid to develop its 10.926 ha township in Johor may face complications following a recent court decision to give a previous landowner Honan Plantation Sdn Bhd the right to proceed and seek compensation at
        442 words
      • 438 14 Reuters {SINGAPORE) Compaq Com puter expects its Asian business to keep growing in 1998 despite financial uncertainty and industry consolidation, a senior company official said. "I have an objective to grow at least twice as fast as the market." Paul Chan. Compaq's Asia
        Reuters  -  438 words
      • 326 14 Reuters (BANGKOKJ Coca-Colas South-east and West Asian division said yesterday it expects profits to exceed 1997's record levels despite Asia's economic crisis. Senior executives said sales in the region are continuing to grow along with profits in US dollar terms despite severe currency depreciations
        Reuters; REUTERS  -  326 words
      • 142 14 AFP [HONGKONG) International ratings agency Moody's Investors Service yesterday said it had put the subsidiaries of Hongkong conglomerate Wharf (Holdings) Ltd under review for a possible downgrade of their debt ratings. The move came after Standard and Poor's on Monday cut to A-
        AFP  -  142 words
      • 644 14  -  Airbus, Alenia and A vie to set up office by next month /•Yfmt David Boey in VmUouae, /•Ytince AIRBUS Industrie, Alenia and Avic of China are prepared to press ahead with plans to develop the new AE3IX commercial airliner, even
        644 words
      • 545 14 Liquidator doubtful if all the remaining units will be sold Reuters HONGKONG| Buyers for the ffind management arm of Peregrine Investments Holdings are proving hard to find and while talks are being held with three parties regarding its remaining businesses, not everything
        Reuters  -  545 words
      • 158 14 AFP (DHAKA) A group of Bangladeshi businessmen has taken over the Dhaka arm of Hong kong's defiinct Peregrine Investment Holdings Co Ltd. a statement published here yesterday said. The deal, worth 47.4 million taka (551.68 million), will merge the Peregrine arm and its local
        AFP  -  158 words
      • COMPANY Briefs
        • 96 14 Reuters [SINGAPORE] Singapore's Keppel Corp said yesterday its Cebu Shipyard and Engineering Works Inc (Cebu Shipyard) In the Philippines has renegotiated a collective bargaining agreement with its workers. The workers are affiliated with Nagkashiusang Mamumuno sa Baradero of the National Federation of Labour,
          Reuters  -  96 words
        • 21 14 (SINGAPORE] San Teh director and audit committee member Hee Theng Fong has resigned with effect from yesterday.
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        • 19 14 [SINGAPORE] Rothman Industries director John Walter Webb has resigned from the company effective Dec 31,1997.
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        • 52 14 Reuters [HONGKONG] The Hongkong Futures Exchange yesterday said most of its members support the change in trading its Hang Seng index futures and options contracts to an electronic order-matching system from open outcry. "Detailed migration plans are now being developed," exchange chairman Frank Wong
          Reuters  -  52 words
      • 67 14 Corrections Clarifications PARKWAY Holdings has clarified a Bloomberg report, "Parkway buys 5% stake in M'sian carmaker", in yesterday's BT. It said the stake was bought by Wang Tak Co Ltd, a wholly-owned subsidiary of Lee Hing Development which is listed on the Hongkong Stock Exchange. Parkway's deemed interest in the
        67 words
    • INTERNATIONAL COMPANIES
      • 450 15 Association's rules call for company not to favour own products over competitors' Bloomberg [WASHINGTON] The software industry's largest trade group released "competitive principles" that condemn the business practices of its biggest member, Microsoft Corp. already embroiled in an antitrust battle with the US federal government.
        Bloomberg  -  450 words
      • 436 15 Computer giants developing chips that operate at speed of 1,000 MHz NYT [SAN FRANCISCO] The surging power of the microprocessor chip is approaching another milestone. Both IBM and Digital Equipment Corp were to present technical papers yesterday at a conference here describing experimental
        NYT  -  436 words
      • 322 15 FT [LONDON] The cost of international telephone calls is being forced down faster than some major operators have expected. undermining budget targets and forcing emergency restructuring. The average price per minute of delivering an international call within western Europe or the US fell by 25
        FT  -  322 words
      • 341 15 FT [LONDON] The reputation of US lottery company GTech suffered its worst blow yesterday after a London jury decided its chairman, Guy Snowden, had attempted to bribe billionaire entrepreneur Richard Branson in an attempt to make him drop his bid to run
        FT; REUTERS  -  341 words
      • 309 15 Bloomberg [NEW YORK] Eastman Kodak Co may earn less in the first quarter than some analysts now forecast because of a stronger US dollar and increased advertising spending, said analysts who attended a dinner with company officials. Kodak chief financial officer Harry
        Bloomberg  -  309 words
      • 521 15 Int'l team to find ont why his firms pay lower taxes: report AFP (LONDON) An international task force of tax investigators has been set up to examine why newspaper and television magnate Rupert Murdoch's News Corp pays virtually no tax. a British newspaper said
        AFP  -  521 words
      • 392 15 Bloomberg (LONDON) PacifiCorp sweetened its bid for Energy Group pic, offering US$lO.6B billion (SslB billion) in cash and assumed debt, to block possible bids from two other suitors. The Portland, Oregonbased power company offered 765 pence a share, 11 per
        Bloomberg  -  392 words
    • FINANCE & COMMODITIES
      • 420 16 Jump in market value due to acquisitions reflects industry's move to consolidate Bloom berg [CHARLOTTE, North Carolina] Nationsßank Corp has become the nation's largest bank by one measure, surpassing Citicorp and Bank America, with US$5B.3 billion (Ss99 billion) in market value. The
        Bloom berg  -  420 words
      • 408 16 6E Capital Service may set up venture with Toho Mutual AFP (TOKYO) US giant General Electric Corp's finance offshoot is to bail out troubled Japanese insurer Toho Mutual Life Insurance Co Ltd. a newspaper report said yesterday. GE Capital Service, among
        AFP  -  408 words
      • 317 16 Reuters (TOKYO] Major Japanese insurers, swamped with requests for loans, have begun to increase their lending, but their efforts will not be enough to offset a credit crunch stemming from cuts in bank loans, insurers said. Insurers have been Hooded with requests
        Reuters  -  317 words
      • 300 16 FT ILONDON] Sumitomo, one of Japan's largest banks, could have to pay a rate of interest of up to 10 per cent on securities it plans to issue in a few days. The interest rate equivalent to that charged by borrowers in the junk
        FT  -  300 words
      • 330 16 EC inquiry wants to find ont if they set artificially low prices FT THE European Commission has sent a confidential questionnaire to the Big Six accountancy firms seeking detailed information on their profits from statutory audits. The inquiry aims to establish to what
        FT  -  330 words
      • 251 16 ENERGY REPORT Bridge News, Reuters |TOKYO| A flurry of Omani oil purchases by South Korean refiners for March loading has allowed sellers to raise their offers to five US cents |>er barrel under the official selling price (OSP) or 10 15 cents un
        Bridge News,; Reuters  -  251 words
      • 165 16  -  MSCI TAIWAN FUTURES By Charlie Kuo By Charlie Kuo, Service Dealer, Refco S'pore Pte Ltd |SINGAI'OI(K| The Simcx MSCI Taiwan Slock Index fu turet contract fell yesterday amid concern over rlsinK interest rates. Hanks are expected to raise their deposit and prime rates
        165 words
      • 286 16 Reuters (HONGKONG) The economic downturn in Asia is putting a damper on sugar demand from the region's major buyers and pressuring prices, traders said here yesterday. "If you look at the Far East, the picture is still pretty gloomy. Most of the major buyers are
        Reuters  -  286 words
      • 272 16 AFP. Reuters London THE US dollar was stuck on a downtrend yesterday, taking it below the 125-yen level as operators hoped for Japanese budgetary measures to stimulate the economy. At 1235 GMT, the dollar was at 1.8138 marks against 1.8171 on Tuesday. The greenback slipped to 124.58 yen
        AFP.; Reuters  -  272 words
      • Article, Illustration
        1212 16 MTBRBAMK CROSS KATES Feb4 A5 C$ ffc ECU ffr M lit Mh —p4H Y— Ml ICthtb S$«— M CT> IMt Hmt WS> AustrKk 0.979 1178 0.625 4.131 1232 5 251 ***** ***** 0.851 10.913 LM 1159 29.939 ***** LM 1350 0.996 ***** 33J52 MB OHIO CinMa 1.022 5.757 (U3I 4.222
        1,212 words
    • 1917 17 SICOM FUTURES F( h RUBBER closing *s <» 5 30»m) RSS 1 CONTRACTUS cwtjAg) Close Volume Open Month HjQh Low Sett (tonnes) Interest MarW 1 134.50 275 Apr 98 137.75 137.75 130.00 100 3975 May <»« W0.75 140.75 140.75 100 4200 Jw» 98 143.75 143.75 142.75 100 3675
      1,917 words
    • 2511 17 LONDON Mntriafe h«i 3< Or out 5X3 '4 6CC *3 Ports 238 j-c-AeeeyNatoral 1255 57 Allied Domeca 552 Aincc 18 -2 AsaaGrsup 2C 3 fcOO BATind 6 BO Pic 327 4 400 WCC 149.400 6400 BOC &<-!X» 957 "3 BRPetroWum 82 C 400 46C0 BTR *4 400
      2,511 words
    • 1678 17 AFP P Nikkei 225 -***** SHARE prices closed lower yesterday, hit by profit-taking among leading international blue chips after recent gains. "Profit taking is inevitable as the Nikkei Index topped the 17.000-point level yesterday." a dealer said. The 225-share Nikkei Average fell 140.36 points to end at 16.882.62. The
      AFP  -  1,678 words
    • Article, Illustration
      1744 18 AFP Q Hang Seng -***** HONGKONG share prices slumped 2.1 per cent yesterday on continued profit-taking, despite an easing of interbank interest rates, dealers said. The key Hang Seng Index lost 222.90 points to close at 10,302.61, the second consecutive decline following the sharp gains posted on Monday, when
      AFP  -  1,744 words
    • 410 18 AFP Q VP Index -4157 STOCK prices dropped 0.5 per cent yesterday on profit-tak-ing following two days of gains, dealers said. "Investors sold shares to lock in profit after the index broke theB.soo-point level yesterday." said a trader. The TSE Weighted Price Index dropped 43.57 points to 8.470.61. Turnover
      AFP  -  410 words
    • Article, Illustration
      971 18 AFP Q SET Index -5133 MANY investors took their money and ran from the share market yesterday, leaving the bourse 9.5 per cent weaker af ter a day of volatile trade. "There's no positive news to spur the market higher after this week's rise's," a dealer said. "Investors seemed
      AFP  -  971 words
    • 500 18 AFP Q Composite Index -193 SHARE prices closed lower yesterday as profit-taking in blue chips emerged in late trading to offset earlier gains. "There was profit-taking in blue chips in late trading after recent steep rises, but overall sentiment is still positive." said a dealer. The Composite Index fell
      AFP  -  500 words
    • 635 18 AFP F1 All Ordinaries *15 SHARE prices closed firmer yesterday as industrial stocks followed Wall Street higher. Brokers said market trading was quiet. The All Ordinaries Index gained 2.5 points to 2.656.9. Turnover was 259.4 million shares worth A 5752.1 million. The gains in the industrial sector were led
      AFP  -  635 words
    • 265 18 Reuters F1 Wellington +429 SHARE prices ended slightly firmer yesterday with modest gains in the forestry sector, dealers said. By the close,the NZSE-40 Capital Index was up 4.29 points at 2,244.66. Turnover picked up throughout the session but still ended at a moderate NZ$5l.5 million. Reuters r«4 jb$ (ooo)
      Reuters  -  265 words
    • Article, Illustration
      727 18 AFP P Composite Index -1186 SHARE prices dropped 3 per cent yesterday on continued profit-taking, analysts said. "People have realised that fundamentally, there is no change in this country," a dealer said. "So what we have seen in this market is just a short-term volatility." The Composite Index fell
      AFP  -  727 words
    • 293 18 AFP nManila -43.74 SHARE prices fell 2.1 per cent yesterday as investors embarked on a second day of prof-it-taking, analysts said. "There is continued profittaking," said a dealer, noting that the market had soared some 400 points last week. The PSE Composite Index dropped 43.74 points to 2,042.14. Turnover
      AFP  -  293 words
    • KUALA LUMPUR STOCK MARKET
      • 9695 19 INDUSTRIALS Consumer products 1998 Last Vol Day Ntt Cap WN> t— Company Sa<a 000 High low P/E Smll 268 180 Ajinomoto 258 8 14 2S8 250 14.3 104 6 110 73 Anqkasa 107 3 85 108 102 2.5 157.8 190 123 Apollo Food Mlq 190 unch 27 190 185 5
        9,695 words
      • 558 19 AFX-Asia Composite Index -10.55 SHARE prices closed mixed yesterday, with Financials supported by various rumours ranging from possible mergers to speculation of a rise in local banks' foreign shareholding limit, dealers said. The KLSK Composite Index closed down 10.55 points at 890.76. The Kmas Index
        AFX-Asia  -  558 words
    • WARRANTS & OPTIONS
      • 3885 20 BOWS, LOANS A WARRANTS Wt La»t Vol Day Last Quote Avg 55 L Company Sal* ♦of COOOI High Low Buyer Sollor Prlc* 68 9 m 3000 m AMOB C5.5H*****6 9 9.5 81 8 3160 A Acef ******1USS 13 *2 37 13 12 13 14 131 8.5 3164 Acma W*****4 13
        3,885 words
      • 185 20  -  WARRANT WATCH By R Sivanithy WITH slock market turnover surging. I hi* obvious lieneflciaries are broking firms. The market has obviously picked up on this and some of the associated warrants have already started lo show signs of life.
        185 words
    • 2534 20 Transaction Date :Feb 4 I MALAYSIAN STOCKS Of Of 1997/99 ca«t V« Day L«t Ouota DK, D* fit Mat M Cap H><> L— c rOOOl Law Bmt— Satr H Crr p/t $mi 478 28 mi SOOO A>S8S0c ©7 2177 -71 'CO '06 <07 50 33 10 44 2
      2,534 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1765 21 imom cooo) value cooo) mi cut tkh mm p» r«t* h»dtt»trw 127,449 157.822 285,311 230.640 94.062 324,722 fjMne* 16.953 179,355 196,308 114.092 174,977 289,070 HoMs 3.805 2,159 5.764 5.403 766 6.16* Pro»«U#» 34.761 38,518 75.279 108.850 13,697 122.548 W» n.5« 16.686 16.686 MWn? 2.179 2,179 1,571 1,571 3376 86.650 90,526
        1,765 words
      • 5557 21 Or Or H Ml 1997/98 Last Vol Day Last OuoU Wv Olv TM Nat C.p Av« HH* Imm StMa Company Sat* (OOOI Mlqh Law But*' Sattar H C>f H P/l Jmll Prk* MMHTBMLS 157 18.5 a 1020 ACE Dynamics60c 315 unch 28 32 31 31.5 12 248 JO
        5,557 words
      • 1236 21 Cr Gr M wt >997/98 Laa« Va( Day LMl Oualt Otv Otv VM Net C<* Ava Ml* Low StNo Company tlk 000) Hl«k Im Buy»f MMr H C vr B/l tnl Prtc4 tCSDAO i«* r» iooo >i«»v9ik m «Ath 55 us m «a jo »o o.i 1729 sj ua
        1,236 words
      • 229 22 Stocks Volume •MBf Capital 79,025,000 •Renong Bhd 50c 54.546,000 •Renong WtOO 32,036.000 •RHB Cap Wt99 31.417.000 •RHB Cap Bhd 30,772,000 •Pub 8k Foreign 24,639,000 OBS Land 23.776.000 Asia FoodiProp 22.945,000 •M Resources 20,167,000 •Rashid Hussain 16.674,000 Stocks DBS Land 57,549,150 DBS Foreign 51.573,927 •MBf Capital 48.228,090 •RHB Cap Bhd 39,803.232
        229 words
      • Article, Illustration
        59 22  -  by Shiv Taneja UNJPHOENIX CORP closed 79 cents lower yesterday at $1.26 on a volume of 5.3 million units. It is massively oversold on the daily RSI, and there could be a technical rebound in the next few trading sessions. However, in the medium term, there is more
        59 words
      • 679 22  -  STOCK MARKET COMMENTARY While the optimists believe the regional crisis is easing, the bears are thinking of taking profit and run R Sivanithy (SINGAPORE) Malaysian second lin ers powered ahead yesterday despite pressure on their blue chip counterparts as the market continued to
        679 words
      • ON THE GRAPEVINE
        • 141 22 THE DB LION Bond Fund, a unit trust which Invests in bonds of G-7 countries as well as Australia, New Zealand and Singapore, was recently awarded Trustee status by the Ministry of Law. This means the fund, managed by Deutsche Bank's Investment management subsidiary, can now be
          141 words
        • 135 22 IP YOU'RE moving into a new development, you might want to read this. Ped up with the lack of action from the developer to rectify a pipe problem in his brand new home despite repeated calls, the home-buyer decided to try another tack. He Informed the developer's
          135 words
        • 87 22 THERE are always businesses that benefit from an economic downturn. One warehousing group Is laughing all the way to the bank, thanks to the recent downturn. The group's one-million-plus square-feet warehousing in Singapore has been in great demand by MNCs left with unsold goods. The
          87 words
        • 65 22 THE spate of retrenchments in the financial sector has spooked some people. The head of research at a European bank who handed out the annual pay letters to staff found herself almost in hysterics when her own letter arrived late. It turns out that her boss just
          65 words
        • 98 22 AN ADVERTISEMENT In the latest Fortune magazine put up by the Hyatt group of hotels in the Asia-Paciflc region has an interesting story to tell of the state of Asian currencies. Room rates for the Grand Hyatt hotels in Japan, Singapore, Melbourne. Hongkong and Taipei
          98 words
        • 110 22 A BUSINESSMAN in Malaysia is believed to have issued a death threat to an associate for suing his company after a failed transaction. The businessman demanded that the suit be dropped by a certain time or else the threat would be carried out The case is now
          110 words
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    • 838 15 carnaudMetalbox ASIA LIMITED (Incorporated in the Repubbc Of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 455 Jalan Ahmad Ibrahim, Singapore *****6 on the 20th day of February 1998 at 10.00 a.m. for the purposes of
      838 words

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  • Page 18 Advertisements
    • 118 18 ♦The Shenzhen and Shanghai stock markets were closed yesterday. ITS AN IMAGE THING ML "I wanted a car that projects my personality, just as my clothes do. I knew exactly where to look JB for one Classification 353." Whether you're selling coupe or cabriolet, use X^Hello, g calling about See...l
      118 words




  • Page 22 Advertisements
    • 485 22 BUSINESS Notices To advertise call toll-free 1800-741 1883 WMGIAI WING TAI HOLDINGS LIMITED 5562,000,000 Floating Rate Notes Due 1999 In accordance with the provisions of the Notes, notice is hereby given that the Floating Rate of Interest for the period from 5 February 1998 to 5 May 1998 (89 days)
      485 words
    • 328 22 NOTICE IS HEREBY GIVEN that. I Frederic Raffenne of 22 Mount Elizabeth. Elizabeth Regency #07-02 Singapore *****7. have applied for a Wholesale/Retail Liquor Shop Licence in respect of M/s Eurasia Sourcing And Consulting Pte Ltd located at 39 Stamford Road. #03-02 Stamford House Singapore *****5. and that this application will
      328 words
    • 321 22 NOTICE IS HEREBY GIVEN that. I, Nies Guek Hong of 3A Jalan Binchang Singapore *****1, have applied for a 2nd Class Public House Licence in respect of M/s South Cove Singapore located at No. 1 Kim Seng Promenade, Great World City #01-21 Singapore *****4. and that this application will be
      321 words
    • 324 22 NOTICE NOTICE IS HEREBY GIVEN that. I. ROBERT ANDREW COTTON of BLK 833. #08-32. TAMPINES ST. 83. SINGAPORE *****3. have applied for a RETAIL LIQUOR LICENCE in respect of M/S NTUC FAIRPRICE CO-OPERATIVE LTD (888 PLAZA) located at 888 WOODLANDS DRIVE 50. #01-757 SINGAPORE *****8. and that this application will
      324 words
    • 353 22 PVNPAC XD» HVA PLAZA (Si rrt LTD •IN MEMBERS' VOLUNTARY LIQUIDATION l NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant 10 Section 30*1) of *e CompMuev Act. Cjp 50. t final general meeting of members of the abpvenamed company mill he held on Mi March 1a 10 JO
      353 words

  • SHIPPING TIMES
    • 324 23 Bridge News Reuter RATES slumped again on the key US Gulf/northwest Europe Panamax grain run with a cargo fixed to Ghent at a meager US$7.5O, brokers said. Tonnage was said to be offering at US$l7.OO to U5517.50 without combinations ports on the Panamax grain run to Japan. The
      Bridge News; Reuter  -  324 words
    • 309 23 US '000 f*4 M *j- HI CWT Distribution 0.61 -0.035 21 Chuan Hup 0.455 *0.01 34 Cosco Investment (LOO *002 t Freight Links 0.31 unch 99 GOMota.-><j» 0.31 *0.01 10 HeiSunHw* 0.525 -0.045 243 Hitachi 2o*en 0.60 -0.02 263 IMC Holdings HK 5.60 Jaya Holdings 0.44 *0.07 17
      309 words
    • 461 23  -  Expanding into Batam, with ready pool of cheap labour, hones group's competitive edge: MD Ry Rahita Elias (SINGAPORE) Pan United Corporation's Batam shipyard will open on schedule in the second quarter of this year. Group managing director John Lim said that
      461 words
    • 181 23 [SINGAPORE] The port of Antwerp handled a record 111.89 million tonnes of cargo last year, a 5 per cent increase over figures for 1996. General cargo and bulk cargo handled were about evenly split. 56 million and 55 million respectively. Official figures released last week
      181 words
    • 837 23  -  SHIPSHAPE By Felix Chan LIKE many of the old guards of the logistics industry. Guenter Rohrmann waxes lyrical on how an industry whose sole function was to move somebody else's goods to their destinations had evolved into such a technology dependent profession. "The global logistics
      FILE PHOTO  -  837 words
    • 82 23 (MELBOURNKI Maritime Union of Australia (MUA) members listening to a speech as machinery at the Webb Dock (rear) laid idle in Melbourne on Tuesday. They are under threat of legal action if they try to prevent nonunion dockers from going to work. Yesterday, MUA members have
      REUTERS  -  82 words
    • 411 23  -  The two deals involve conversion, refurbishment for Wartsila, Snnlover By. Felix Chan (SINGAPORE) Keppel Marine Industries yesterday said it had clinched two contracts worth $18 million from two international clients. The first was for the conversion of two flat top barges to power generating barges
      411 words
    • 177 23 ISINGAPORE] A veteran trade unionist is one of three new members appointed to the Board of the Maritime and Port Authority of Singapore (MPA). Thomas Tay. general secretary of the Singapore Maritime Officers Union (SMOU). has been general secretary of the SMOU
      177 words
    • 172 23 (SINGAPORE) Leading US cruise line Carnival Cruise Lines has received the award of "Best Cruise Value" from the World Ocean Cruise Liner society for the fourth year running. The awards were published in the organisation's magazine Ocean Cruise News which also put Carnival at No 1
      172 words
    • 1201 24 MIDDLE EAST PORTS Region's ports are braced for a period of dramatic change and turmoil as competition rises over the next two years Maritime Asia FOR a long time, container shipping operations in the region have revolved to a large extent around the United Arab
      Maritime Asia  -  1,201 words
    • 259 24 PAGE Dongnama 7 ACL 9 ECL 5 ANL 3 Ethiopian 6 Accord 6 Eurohjfls Apptnship 5 E ef 9 r wn 6 Astro 3 Foom,Sun 8 Austral 9 GL 4 Gemartrans 8 Batamindo 7 GwShM 9 B Hai Sun Hup 8 Bayswater 7
      259 words
    • 27499 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advarlijar Vassal Voyaga Taiapliona ETA ETA Advartlsar v«in Voyaga Talapnona SIN Dast'n Nama Nama NumOar Numbar SIN Dast'n Nama Nama Number Number 24/02 21/0) Evargraan E GUARO I 004W 05 3*2im A 24/02 21/0} Triastino EVER GUARD 0201 004W H inilH To ABIDJAN
      27,499 words
    • SHIPS IN PORT
      • 760 37 Vessel Voy No Berth Arrival Departure Jurong Port J«ro*f Net Ark Dudenkoy 9805 JOi alongside 05 02/0600 Blue Dream 1/98 J16 atonqside 06 02/1500 8t Swutl *****8 J01 alonqside 04 02/2300 CamDr Reefer 38 J02 alongside 04.02/2100 Cement Hope 215 J07 alongside 04 02/1730. tco Charger I J10
        760 words
      • 1749 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Bilancc Rstls Ship Voy No Etb/Btr Period From To From »cjo« I OM 4/0500 14 04/1500 04/W5* 04/1*00 II 04/1500 04/1*5* 04/1*00 2* 04/1700 05/045* OVtWOO ;t (W/iroo 05/045* 05/0*00 J 0V0700 OVUM 0vi400 4 05/1200 05/145* owiroo *<i lou
        1,749 words
      • 583 37 2*"°" Mn 10,6 5 0 8 15 2 0 M '06 0.05 J Density Water Batidua Asli Aluminium Sediment No above £25 >***** 380 Ave 986 8 0.3 13.0 0.06 28 0.01 w f"w 380 Max 992.0 1.0 16.6 0.10 43 0.05 J—J s s mu
        583 words
      • 209 37 Fab 5 Mexico: Anniversay of th«» Consti tution. r®b« New Zealand: Waitangi Day. Feb 11 Japan National Foundation Day. Thailand Makha Hucha Table IJniled Stales: WashinKton's Mirth day Holiday. Fab 23 lirunei National Day. I.uxem 1* turn: Tarn ival Monday Frb 24 'nrtufta /Carnival Mar 2 Greerv. Orthodox
        209 words
      • 964 37 I Ills iifnni. i iiinpiliil l>v i ih km Murine Oil 1.11 l «h»«« |>i In- range* in lIX dollar* kiah-aii mI tingle price* lor a n»>h e ii»ll|irrhen*l*e ■)< rl|>liiin nt tin' mnrki-l l*» li shown -in l Imsikl on avi-ingi- «lm| »li-ni Mnrki-l movement*
        964 words
    • AIR & LAND TRANSPORT NEWS
      • 402 38 AFP [WASHINGTON] At its current pace, the Federal Aviation Administration will not be able to remove all the "year 2000" bugs from its hundreds of critical computer systems before the turn of the century, which could jeopardise airline safety, increase costs and
        AFP  -  402 words
      • 513 38 Cebu Pac Air crash deals another blow to industry reeling from Asia crisis Neuters (MANILA) The Philippine airline industry, seen by some local tycoons as a new investment haven, is facing its most trying period, but analysts and officials said yesterday it should weather
        Neuters  -  513 words
      • 60 38 (HOLLYWOOD] Tim Warshak walking away from his destroyed Cessna 152 at North Perry Airport in Hollywood. Florida, on Tuesday morning after a tornado carved a path in the city north of Miami. The storm left hundreds ofplanes damaged at the airport and thousands of homes without powerfrom
        REUTERS  -  60 words
      • 195 38 Bloomberg [LONDON] BAA pic. a UK airport operator, said it won a five-year contract to manage tax and duty-free sales aboard British Midland flights. The contract is the first in the United Kingdom for BAA's Inflight Duty Free Shop unit, which BAA took over in
        Bloomberg  -  195 words
      • 576 38  -  Deal for 76 planes is largest ever from a European carrier n„\ Felix Chan ISINGAPOREJ Europe's Airbus Industrie clinched an order from Spanish airline Iberia worth US$2.6 billion (554.4 billion) for 76 planes, its largest ever from a European car rier and
        AFP  -  576 words
      • 1829 38 CITY FLIGHT ETA FLIGHT ETO AbuDO*»l CV794 2005 '*»<*• SOW 1730 $0990 01T5 AdtUldt 6A7381 1930 BA73B2 2050 PK SOW3 WO C23S2 0B35 0F8I 1930 OFI? 2050 tOB 2035 S0004 1025 $0224 2220 HMmNC C***** >030 Amjt.rdam *1843 0550 *L838 2335 Honol VH741 13» VN740 14K)
        1,829 words
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    • 755 24 r IMPORT I NORTH AMBnCA I QULF/INDIAN SUB-CONTINENT I i SINGAPORE CAUfOWHU EXPRESS (tIBtCT FBOM WEST COAST) |QULF KARACHI EXPRESS (OKX) ffiia oa« van su u UN vtssu vor ju mm iah km col r*c sin HONG KONG EXPRISS IJWSOT 11/01 09/01 10/01 05/02 IK* KOI 271 21/01 2S/01 24/01
      755 words
    • 726 24 ir< K I mXv% If I tr."jA///. V'/ ■MM o» re •s a jf.l '.-.atien Assoc ator Full Cover Insurance Services To Moscow CIS Mongolia Call Gareth Evans SOVO EXPRESS PTE LTD Tel: 272 7188 Fax: 272 7811 E-mail: sovorus@mbox2.singnet.com.sg Sole Agent of Wilhelm Reemtsen Co. GmbH EXPORT 3 Japan
      726 words

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    • 1199 25 PACIFIC SOUTH WEST EXPRESS (DIRECT) ALSO ACCEPTING MANAUS VIA lAX/HOU 1 VtSSII VOY PM. SIN ETA j SIN HP UkX Ml M*M CH HYC Ml HOU NOR Stt API JAPAN 021E 05/01 07/01 00/01 23/01 27/01 28/01 28/01 29/01 29/01 2»/01 2»/01 30/0] APIKCWtA W 12/01 14/01 15/01 30/01 03/02
      1,199 words
    • 1929 25 HANJIN SHIPPING USA CANADA* RMVSI/VOT MM SM LMHAU/VOT UA TW DIN Si O* MSP Si DTT MtM PH BM TV« T5 TTZ H. KAOHSIUNG 0371 04/07 07/07 WMCT 24/07 77/07 ~20/02 01/01 01/03 01/03 07/03 03/03 03/03 03/03~ 04/03 70/03 07/03 07/03 H.KAQHSIUNO 0321 04/07 07/07 MOW 6 KONG S./1011
      1,929 words
    • 106 25 ORIENT EXPRESS LINES (U.K.) LIMITED fjiLlt. (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VESSEL VOY SINGAPORE BOMBAY I VESSEL VOY BOMBAY SINGAPORE VLBERT BRIDGE Oil 06/02 15/02 ALBERT BRIDGE 010 25/01 06/02 MORDKAP 423 09/02 18/02 NORDKAP 422 28/01 09/02 JINAR TOBA 223 13/02 22/02 SINAR TOBA 222
      106 words

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    • 1536 26 rr DSR-SENATOR jHSb Round the World Container Sen/ices TO UK/CONTINENT FROM UK/CONTINENT VESSEL VOY SIM LtH IW MT HAM MV FIX VtSStl VOY LIH FL» HTM W» HAW SIM HAKJIN SAVANNAH WQBO9 06 02 27 82 2102 29 02 2712 01 03 CMOYANO GIANT EEBBI 1101 12*1 1301 ***** M«
      1,536 words
    • 1180 26 MY ANG YML ln,ern Web ,e htt P "*ww.yml.com.h» it, *li tit X Jll 4V Hf ik <1 Em 20 RIVAI f, »ooayTuesday VESSEL VOY LEH FIT HAM ANR HFA SIN MED TAIPEI 53/47M£ SlO SlO SLO StO SID 07/02 MING MOON A7SIE SID SID SLO SID SID 10/02 DOVER
      1,180 words
    • 537 26 LINE JS Till 288 34 56 PAX: 8 5831 1 2 MUARA LABUAN vusa vor no eta vessel voy ito n SPORE MUARA SPORE UN J. HtOSKR VO4E/98 06/02 09/02 J. PBOSPE* VO4E/96 06/02 10/02 APBRGIOBY VO4E/98 12/02 IS/02 APStt GIORY VO4E/98 12/02 16/02 J. PROSPER VOSE/98 14/02 17/02 J
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  • Page 27 Advertisements
    • 1331 27 1 VESSEL VOY SIN BKK POU PKO PEN BLW SUR BA I BIK IRAN TEYFOURI PJL-1287 09/01 18/01 IRAN TAKHTI PJL-1266 14/01 22/01 IRANGHEYAMAT PJL-1272 11/02 20/02 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIES I E A2ARBAIJAN. ARMENIA, KAZAKHSTAN. UZBEKISTAN, TURKMENISTAN, KIRGISTAN, TADZHIKISTAN GEORGIA VIA B. ABBAS.
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    • 1795 27 CARGO TO/FROM SHIKOU HUANGPU WEEKLY DIRECT SAILING I SINGAPORE'S GENERAL AGENTS: 6 SHINTO* WAY TEL: 22fc 1900 FAX: *****08 OUTWARD (l/L) *****02 JONORE OFFICE: COSTAR SNIPPING PTE LTD «17-O«disildg SAUS/IKGS 4205«4i/43 INWARD DIPT (O/OI *****85 COSTAR AGENCIES (M) SDN BHD CRNO: ********** M TOWER TWO (*****9) CONVENTIONAL *****50/SS T/SHPMT DtPT
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    • 605 27 'ts-\ EASTERN CAR UNER, ITD."T£,'SfS,? K |A-1 tawiHwntw SSZXL SPfCIAUZI IN RORO I HEAVY UFT UPTO 122 TONS Ed (SINGAPORE) PTE LTD LOADING FOR PORT KLANG BANGKOK/JEBEL AU MV "OCEAN SAMPAGUITA" V. 12 MV "SCKI KOCHI" V. 125 ETA SIN 28/01 «8 CTA M.» 01 *8 ETA SIM 05 02
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  • Page 28 Advertisements
    • 1362 28 EURQPE/UK/SCANOINAVIA/f INLAND/RUSSIA SGP RDM ANW HBG THP ZEE LHV IHV TMP RDM ANW HBC PKI SGP E. DELIGHT RW 001 09/02 27/02 04/113 21/02 02/03 03,93 04/03 E REACH RE-017 11/01 13/01 12/01 14/01 11/01 ***** 104)2 E ROUND RW 030 14,112 06/1)3 11,1)3 07/03 00/03 10/03 11/03 E GALLANT
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    • 926 28 am MAC-HELS S'POftE M'SIA I Carrier: MN CONTR LINES, INC I IWV J cm*<* 130M7S0000C SIBU: (084) *****9 MANILA: (632) *****61 V W PENANG: (04) *****36 BANGKOK: (682) *****57 SURABAYA: (31)*****0 P. KELANG: (03) *****77 JKT: (21) *****07 MDN: (61) *****3 tyo/yok/osa/ukS USA MV "SEVEN SEAS CHARIOT'' V.634E MV "HANJIN
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    • 480 28 NANTAI LINE fUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I vor I SIN I Ml I PU« I OT I R/BAT mXTAI DKAGOK OQ4S 10/0? 20/02 24/02 23/02 WAWTAIWIWCE Q2OS U/02 02/03 M/ 03 NANTAI KNtfi 02SS 22/0? 02/03 06/03 09/03 GOIDEW WAGON 003S 01/03 11/03 15/03 19/03 NANTAI
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  • Page 29 Advertisements
    • 623 29 BSfl a. >4mm MYANMA IHBBk FIVE STAR LINE (Myanmor National Lint) Loading for Yangon (Rangoon) VESSEL VOY SIN PRC PEN PGU HAKHA 612 SID PAGAN 2S2W 04/02 MALAYSIA AGENTS: lOUSTEAO SHIPPING AGENCIES KUL: TEI 02-03-*****00 PRL: TEL 02-03-*****01 PEN; TEI 02-04-*****02 PGO: TEL 02-07-*****21/4 BANK LINE (A Mrvkt of Andrtw
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    • 1235 29 4 HYUNDAI MERCHANT MARINE CO. LTD. |vessel sou I lih rtm I ant nam irv I eel Ivissa vot|sou|unirtmiamtlhaialorv in !H I NY lARON 311W 09/02 25/07 24/07 21/0? 71/01 21/01 U/03 NY GENERAL 10* IS/01 77/01 70/01 11/01 11/01 70/01 04/02 TIN 301W 12/02 02/03 07/03 04/03 OS/03 HTOUM
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    • 975 29 *5* norwegon ipeaakzed autocornen @o)§(o](£ TO NORTH AND LATIN AMfRICA [VESSEL VOY RAMP HEIGHT I SIN I LAX I CSI MIA SAV BAL ORE NYC NEW MOB TARONGA FSO4 400 Tms 6.3 M 12/02 10/03 WO3 2T7oT 23/03 25/03 26/03 27/03 01/04 OS/04 TAIKO EMS 400 Tms 6.3 M 27/02
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  • Page 30 Advertisements
    • 847 30 BA HQ KOK/LAEM CHABANQ JAKARTA/PAN JANG VESSEL VOY SIN si<K LCH VESSEL VOY SIN JKT PJN XETHA BHUM 22SNB In Pt 06/02 MATHU BHUM 357S In Pi 07/02 ANAN BMUM 91N 07/02 11/02 10/02 MATHU BHUM ***** In Pt 07/02 KITI BHUM 40N 08/02 11/02 11/02 PEA BROVIO 08S 06/02
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    • 150 30 GEMARTRANS 4 SAILINGS WEEK TO HCM VtSSII VOY MM HON MUM im W7H W7of UUIHUM 39M M/ 07 11/02 GUIAN 9130 10/07 11/O2 VANXUAN ***** 13/02 It/02 MIIINH DOM 14/02 I//02 UUIHUM 40N 14/02 If/02 2 SAILINGS WEEK TO HAIPHONG VKSII VOY T~ SI" MfW 31 WIN HONG 02N 07/02
      150 words
    • 397 30 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAO. SINGAPORE 0206 TEL. *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI Blntulu f Muara VtSSU VQY SIN mi —¥3? Mil* B Beta V ***** l« 04/02 11/07 Cold V9M3E 0/08/02 12/02 BScnt V*****W10/02 IS/02 Mlo* V9SO7f 1011/07
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    • 589 30 A /ICCORD A SHIPPING PTE LTD *****15 (40 Lin«.) FAX *****30 K*T KUMC (03)347 1001 mK M DIRICT ACCESS Til *****55 (EXPORT BOOKING) P4SM OUOAMC (07)*****77 *****34 (EXPORT DOC), *****39 (IMPORT) HUANG (04)*****49 URLMTTP://WWW.ACCORD.COM.SO MUMt (71)040 0770 *0«T ITA SIM "POT ITA SIM POUT ITA SIN POUT ITA SIM (FAR
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  • Page 31 Advertisements
    • 391 31 INDONESIA NATIONAL LINE TO EUROPE H EXPRESS SEMI-CONTAINERISED SERVICE VSI VOY f S PORE A DAM/R OAM H BURG BREMEN ANTWERP KUTAI 2712 ~V3 OMIT M TO AUSTRALIA FULL CONTAINER SERVICE VSI VOY_ pr-an I EWE I B»€ I SYD I MEI I HM I AOt IfRE NOL CRYSTAL VMS
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    • 1120 31 ADVANCE CONTAINER LINES (PTE) LTD I 140 Cecil Street. #12-00. PIL Building. Singapore *****0 Li TEL: *****21 PAX *****19. TELEX RS ***** ACLPL CR NO **********0E OPERATIONS: *****60/*****05 BANGKOK. JAKARTA < s .******(s SaHtaas/WMtt VESSEL 1 vo Y I w VESSEL VOY UN «KK Vi#e VOY SIN *T ANANBHUM 9IN
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    • 975 31 VESSELS SN JED MLA LEH HAM THP RTM ZEE VM-l-E DE TAURUS A24W 06/02 19/02 24/02 02/03 03/03 06/03 06/03 06/03 VILLE D'AQUARIUS U24W 17/02 2S/02 02/03 06/03 09/03 11/03 12/03 13/03 VILLE DC AWT ARCS L24W 24/02 04/03 09/03 14/03 17/03 18/03 18/03 19/03 VILLE DC VIROO S24W 12/03
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  • Page 34 Advertisements
    • 53 34 To retrieve more schedules, just follow these simple steps... Stt V^ Tho docum °nt 740-6000^^^/-^ tep will be faxed M Select the port I *mEnteryour Step key in the four number /f 0M digit code Key in your Exampto: i fax number To NEW YORK (NYC) 2275 for calls within
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  • Page 37 Miscellaneous
    • 150 37 ■HIZZ^nXIZEIIZEIMH [Regional Weather] I Yf a v'; Tw^tfyZ' s i v- fV^ 222 .looE LEGEND R Thunderstorm Temperature o^, V Shower Weofher Wind direction with speed in knots Rom V^/ Cloudy Sky Wave h «'9*» Surfoce winds ore indicoted by arrows which fly with the wind One full circle represents
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  • Page 38 Advertisements
    • 76 38 Bu SINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Call 740-6000 Press "1" key in Document Code Key in fax number 1 Enter your phone number Document Code ONE WAY OF COMMUNICATING WITH YOUR STAFF ISLAND-WIDE. (jgK® ABETTER WAY. •No static
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